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*•»
JAN 111943
MONDAY
Beg. IT. S. Pat. Office
Volume 157
New York, N. Y.,
Number 4141
)
AND
Wk In mJp
STATE!
I
1 En
w
mm
Price 60 Cents
Monday, January 11,1943
a
Copy
,1M
CITY
III
DEPARTMENT
.En fl
Im I Iwl En 1^1 I
V
'
.
BOND PROPOSALS AND NEGOTIATIONS
In contrast, education in col¬
leges and public schools cost $10,-
In This issue
534,527,
revenue.
or 25.66% of the year's
No official in authority
156, p. 19Q7—were purchased taxes to be levied and collected
by the Depue State Bank, as 4s, on all of the taxable property of
at par.
Due $1,000 on Dec. i from the city.
In the event that no
1943 to 1953. incl.
Interest J-D.
satisfactory bid has been received
—v.
would say this fund would be re¬
Corporation News
State and
duced
it
City News
was
be satisfied with present
monies."
The State's highway system cost
$9,817,954,
or 23.91% of the year's
But this money is allo¬
revenue.
QUOTATIONS
Stock
New York
New
into
bonds.
1952
CONNECTICUT
,
tax., notes
offered
Dec.
$120,000
21
was
ticut Trust Co., Hartford, at 0.50%
Due in eight months.
FLORIDA
(See Index Below)
■
Bay County (P. O. Panama
Bond
Birmingham,
of
sinking fund agent and deposi¬
tary, is asking for, sealed tenders
until noon (CWT) on Jan. 20 of
various outstanding l%-5% pub¬
lic improvement refunding bonds,
,3%-5% hospital refunding bonds
and
l%-5%
general
refunding
bonds, all dated Sept. 1, 1936, and
due Sept. 1, 1966.
Approximately
$6,500 is available in the sinking
funds for the redemption of such
Tenders
bonds.
must
include
a
complete description of the bbnds,
•including
their
numbers^ and
inust be accompanied by a certi¬
fied check for 1% of the amount
tendered,
be
Chemical Bank & Trust
at the
or
place of delivery must
above-mentioned bank
at the
Co., New York City.
y
ARKANSAS
Arkansas
Closes
Fiscal
(State of)
Year With Large
Balance—The State had
Cash
on
hand, as of Dec. 31, the greatest
"free money"' balance in its his¬
tory,
of
Actual
$31,172,074.68.
ance
•funds
cash
was
deducting
even
and
.
bal¬
safe-keeping
greater but, after
outstanding
warrants
and other encumbrances, the rec¬
:
than $31,000,000 was
hand in cash deposits and safe
ord of
on
more
securities.
;
The
balance
Exchange—Harry Harris,
$22,724,000. Added to that was: Deputy Clerk of Circuit Court,
$8,914,000 in securities.
reports that $422,000 highway re¬
Fiscal authorities were pleased
funding bonds were exchanged
to
dustry
are
luring
sonnel with offers
Most
State
showed
an
necessary
of
higher
departments
June
30.
financial
which
The
expire
Governor
advisers
have
and
next
and
his
School Bonds Called—C. Wood-
burn
Matheny, Chairman of the
County Board of Public Instruc¬
tion, has called for payment on
March 1, 1943, $158,000 4% and
5%
refunding bonds issued in
1936.
;
■' J
■
y.'
...
that, additional funds must be pro¬
vided for the State hospital and
Tuberculosis
GEORGIA
Lexington, Ga.
San¬
Bond
atorium.
Sale Details—The $13,000
4%
refunding
bonds
sold
to
Brooke, Tindall & Co. of Atlanta,
as
previously reported in these
columns, were purchased by the
bond house at
price of 101.92, a
basis of about 3.81%.
a
the
highway funds, but not debt serv¬
ice already due.
The State entered the 1941-42
fiscal year with a balance
built up
from the previous year to $16,939,975. The difference between
receipts and disbursements during
cated to certain services.
Since general governmental de¬
Beardstown Sanitary District, III.
Bonds Authorized
—
The
Board
of Trustees has approved an issue
of
$148,000 refunding bonds.
Chicago, III.
Warrant
Sale—R.
B.
Upham,
City Comptroller, announced Jan.
4 that
a
group of Chicago banks
explained.
These
$2,539,528.-
departments
"Bond Sale Details—The
$11,000
improvement bonds reported sold
approving
bidder.
IOWA
Details—The
Bond ' Sale
on
304.66
$27,-
assessment
street
special
improvement bonds awarded re¬
cently to the Carlton D. Beh Co.
Des Moines, as 5s, at par, as
reported in v. 157, p. 2—mature
of
follows:
as
$20,236.71 bonds. One bond for
revenues
of
the
electric
light
$236.71, others $1,000 each.
Due May 1, as follows: $2,plant and system of the city, and
the trust indenture requires1 that
236.71 in 1943 and $2,000 in
v
must
be
maintained
suffi¬
1944 to
cient to pay operating expenses,
maintenance and debt service on
said bonds.
1952.
7,065.95 bonds. One bond for
$67.95, others $300 and $400
Legality approved by
Chapman & Cutler, of Chicago.
each.
•
Due May 1, as follows:
$667.95 in 1943, $600
to
in 1944
1947, and $800 in 1948 to
1952.
KENTUCKY
Lawrence
County (P. O,
Ky.
Bonds
000
issue
Sold-^An
Louisa),
of
$30,-
4%
funding bonds was re¬
cently sold to Walter, Woody &
Heimerdinger of Cincinnati.
Lee County (P. O. Beattyville), Ky.
Bond
Sale—The
$19,000 road
and
refunding
bonds
156, p. 2177—*
bridge
>
offered Dec. 29—V,
were
1
awarded
Hinsch
&
Co.
to
Charles
A.
of Cincinnati,
at a
Jan. 1,
•
price of 105.127.. Due
1975, and callable at par and ac¬
crued interest on or after Jan. 1,
1965.
E. B. Rose of Beattyville,
the
pay
only other bidder, offered to
104.125.
LOUISIANA
Alexandria, La.
Bond Sale Details—The
$225,000
bonds
2 % % water works revenue
Vincennes, Ind. y
purchased earlyj last year by a
group composed of the Guaranty
City Clerk-Treasurer, will receive Bank & Trust Co., the Rapides
sealed bids until 11 a.m. on Jan. Bank
&
Trust
Co.
and F. P.
Bond
Offering—Joseph J. Fry,
purchase of $37,000 4% Clark, all of Alexandria, as re¬
bonds. Dated Jan. 15, ported in V. 156, p. 825, are in
1943. Interest J-J. Denomination
$1,000 denomination and mature
$500.
Due Jan. 15, as follows: July 1, as follows:
$18,000 in 1952, and $19,000 in
$11,000 in 1944 and 1945, $12,1958.
Rate of interest to be in
000 in 1946 to 1948, $13,000 in 1949
multiples of lk of 1% and not and 1950, $14,000 in 1951 to 1953,
more
than
one
rate
shall be
$15,000 in 1954 and 1955, $16,000
named by each bidder. The bonds
in 1956 and 1957, $17,000 in 1958,
will be awarded to the highest
and $20,000 in 1959.
All or any
bidder who
has duly qualified
part of the bonds maturing July 1,
and submitted his bid in accord¬
1945 to 1959, are redeemable in
ance with the notice of sale.
The the inverse order of the
20 for the
refunding
numbers,
highest
will
bidder
be the one
by
on
computing
the total
all of the bonds to
turities
on
Jan. 1,
interest
their
ma¬
1945, or on any interest
date thereafter at par
payment
to be determined and
cost to the city,
partments spent only 6.19% of the had purchased $10,500,000 of 1942
State's revenue in 1941-42, little corporate tax warrants at lVs%
savings could be effected by shalv- interest.
ing these appropriations, it was
Depue, III.
1941-42 increased the cash balance spent
par
who offers the lowest net interest
ILLINOIS
substantial
nature,
must
come
Comptroller J. Bryan Sims
from funds, which consume the
increase may be attrib¬
uted to greater tax collections and largest percentage of revenue, fis¬
cal agents agreed.
They pointed
a
record of spending only 76.52
to a nine-year chart prepared by
cents of each dollar in revenue
Comptroller J, Bryan Sims, show¬
during the last fiscal year,
In¬
cluded in the record balance are ing the increasing amounts allo¬
-
at
'
•
agreed
of
State
Callable
date, as. follows:
Bonds maturing in 1958, optional
May 1, 1943; bonds maturing in
1959, optional May 1, 1944; and
bonds maturing in 1960, optional
May 1, 1945.
These bonds con¬
stitute a first lien against the
•
pay.
,
.
said
Fla.
The
day to
bid has
Waterloo, Iowa
with holders of the
per¬
agencies have prepared budget
requests in excess of current ap¬
propriations,
cessful
a
the Booneville
sheet
issue 1 of
Dated Oct.
original bonds, Peoria County (P. O. Peoria), III.
$900,000 balance on Dec. 10, ,.as-3%s. and Alks.
Warrant Borrowing Authorized
and the general revenue fund was Dated
Aug. 1, 1942. Denom, $1,000. —The Board
of Supervisors re¬
more than $1,100,000, which is Just
Due serially from 1946 to 1971
cently authorized the borrowing
twice as much as reported just incl. Principal and interest (F-A)
of $145,000 on expense warrants.
prior to the 1939 and 1941 sessions payable at the Florida National
of the Legislature,
Summit, III.
Bank, Jacksonville, Legality ap¬
Officials hastened to say that proved by Chapman & Cutler of
Bond Sale Details—The $70,500
these large balances could not be Chicago.
refunding bonds sold to. Lewis,
appropriated at will by the Legis¬
Pickett &
Co., Chicago, as re¬
Broward County Port Authority,
lature,
Much of the money was
ported in these columns last Oc¬
Fla.
collected in taxes which were lev¬
tober, were issued at par and in¬
Refunding Validation Proceed¬
ied for specific purposes and can¬
clude $48,500 5s and $22,000 4s.;'
ings To Continue—A recent deci¬
not be spent for anything else.
sion
by
the
Florida
Supreme
INDIANA
With this financial statement
Court
in
an
injunction
suit
ready for the Legislature when it
Muncie, Ind.
brought in connection with the
meets Jan.
11, it would appear
Bond Sale—The $26,500 series
authority's
proposed
$3,739,000
there is plenty of cash for all pur¬
refunding program—v. 156, p. 1457 refunding bonds offered Jan. 2—
poses. But Governor Adkins, ex¬
—is believed to empower the au¬ v. 156, p. 2265—were awarded to
pecting marked decreases in rev¬
John Nuveen & Co. of Chicago,
thority to continue with proceed¬
enue during the remainder of the
as
1 Vz s, at a price of 101.38, a
ings to validate the new refund¬
war, warned against use of sur¬
basis of about 1.31%. Dated Jan.
ing bonds.
The refunding plan
pluses.
1943 and due Dec. 15, 1950.
will be handled by John Nuveen 1,
The Governor said he will not &
Second high bid of 101.29 for I V2S
Co., Chicago.
:
was made by Harriman Ripley &
oppose salary increases in cases
Sarasota County (P. O. Sarasota),
where war plants and private in¬
Co., Chicago.
7
accumulated
$20,000,000 since Jan.
With new drains on the chari¬
1, 1941, when the figure was ap¬ ties
fund, and demands for more
proximately $11,000,000. It com¬
money by most departments, re¬
pletely overshadowed the $3,642,- ductions must be
voted in some
835 balance, Jan. 1, 1933, and the
service in view of certain drops in
latter figure included outstanding
revenue.
bills that had not been paid.
These reductions, to be of a
Governor Homer.M. Adkins and
increase
1960.
an
interest
rates
City), Fla.
Bank
to
any
Willimantic, Conn.
'
to note that the charities fund had
received.
1, 1942. Interest M-N. Denomina¬
tion $1,000. Due $5,000 May
1,
Exchange
Miscellaneous
been
satisfactory
a
opinion of Matson, Ross, McCord
& Ice, of Indianapolis, will be
of Chicago—-v. 156, p. 825—were
furnished without cost to the suc¬
revenue
interest.
National
and
refunded
awarded to the Hartford-Connec¬
First
plant
from
continued
system certificates of indebted¬
sold to Lewis, Pickett & Co,
the State is to be maintained.
Unlisted Securities
ALABAMA
light
be
day until
ness
3%%
by. a law which cannot be
Note Sale—The issue of
Tuscumbia, Ala.
Tenders
Wanted—The
electric
The
—
later
Out-of-Town Listed Markets
i
$45,000
will
Refunded
altered if the faith and credit of
cated
Exchange
Curb
York
Certificates
prior to the date fixed, the sale
III.
McLeansboro,
in the next biennium, but
said that the "schools must
accrued
premium bid, if any. No bid
and accrued in¬
terest will * be accepted.
Issued
for less than par
of refunding an
equal amount of maturing bonds
as provided by Ordinance No. 748
adopted by the Common Council
on Dec. 8, 1942, and. in conformity
with the provisions of the govern¬
ing statutes of the State. Direct
obligations of the city, pavable
the
out of
date
of
notice
of
to
giving
and. deducting therefrom
INDEX
the
for
interest
by
redemption
purpose
the
unlimited ad valorem
Page
Quotations:
133
149
154
New York Stock Exchange
New York Curb Exchange
Other
Stock
Unlisted
Exchanges
159
Securities
State and Oity Department:
Bond Proposals and Negotiations..
Gen. Corporation and
Dividends
121
Invest. News,. 125
Declared and Payable.....160
Redemption Calls and Sinking Fund
Notices
The Course of Bank Clearings
Foreign Exchange Rates
Auction - Sales .....
160
.163
176
162
.
FINANCIAL CHRONICLE
THE COMMERCIAL &
122
sealed bids until 7:30 p m. on
According to Robert E. Sander¬
date of original issue, and
by reasons of failure of funds son, City Controller, the $157,000
days nor more than 45 days prior
in municipal bonds will be retired
to date fixed for redemption, in a to be assessed for their payment.
at
a
cost of
$177,405.83; which"
newspaper
in the City of New All of the notes will be dated Jan.
1943.
Payable at the Mer- pays the two boards accrued in,-'
York having a general circulation, 15,
.cerest to Jan.- 1, 1943, and interest
Principal and interest payable at jhants National Bank of Boston,
the
Chase National
Bank, New k at the National Shawmut Bank at 2% in advance to the maturity
' ;
»'■ * y
)f Boston.
Legality approved by date of the bonds.
York.
These bonds will, in the
The retirement is made possible
opinion of counsel, constitute valid Ropes, Gray, Best, Coolidge &
by the prompt- payment of. city
.and legally binding obligations of
Rug'g of Boston.
"
"
"
* i
taxes by property owners.
Of the
the city, and are to be secured by
Plymouth County
retirement
money
$150,000 was
a
closed
first mortgage on
the
taken from the delinquent tax re¬
(P. O. Plymouth), Mass.
entire water works system,
in¬
Note Offering—Avis A. Ewell,
serve
fund,
$24,000
from
the
cluding any additions to be made
bounty
Treasurer,
will receive budget
for
regular
retirement
from the proceeds of the sale of
;ealed bids until 11 a. m. on Jan. payments and $3,500 that was set
these bonds.
Principal and in¬
2 for the purchase at discount of aside in the budget for interest.
terest are payable from revenues
Mr. Sanderson said tax collecnotes.
Dated Jan. 12,
derived and to be derived from £300,000
tot the
redemption not less than 30
such
of all
Nov.
ion
$3,600
purposes
The
Boston.
and
ress
validity
by. said
mder advice of Ropes,
'considered.
379,
bank
Gray, Best,
Bonds
Parish, Bayou Cypremort
The
Gravity Drainage District No. 1
Sold by
sinking
city
made public Dee.
supplemental thereto.
Enclose a
5% of the amount bid.
Tax
29 by the State
Commission.
The
figures showed the largest
single increase on personal prop¬
Minneapolis, Minn.
•
Bond Sale—The $2,800,000 cou¬
pon
erty values, which went
than
refunding bonds offered Jan
156, p. 2266—were awarded
a
syndicate
composed
ol
5—v,
to
have been so
,
fyfich.
Sinking Fund—
8%.
personal
The
1942
property
up
more
valuation
of
$526,452,$487,064,802 in
was
.
fund
.
Dec.
on
gage
$141,000 512% water mort¬
revenue
;500,000 public relief bonds. Due
V/$50,000 on Feb. 1 from 1944
the First
bonds to
Himel,
jf
Michigan
s
..
Pattonville
School District,
.'Bond
Sale—The
purchased
issue of $11,000 2%
Dated Dec. 1, 1942.
an
school bonds.
Legality
.
,
,
.
.
by
■'
*
County (P.
rhettfr )
:
Note
N
Sale—The
&
offered
Dec.
31
O.
Man-
H
I
$200,000
notes
awarded to
were
the First Boston
Corp., at 0.424%
Dated Jan. 2, 1943, and
10, 1943.
Other bids:
discount.,
due
Dec.
.
Merchants National Bank of Bos¬
ton, 0.43%; First National Bank of
Boston, 0.567%.
Town
sealed
Clerk,
bids
Jan.
on
until
18
$172,000
for
Dated
nomination
8
p.
the
(EWT)
m.
purchase
of
1, 1943.
Der
Principal and
payable at
interest
the Bloomfield
Legality
John¬
'improvement
Feb.
$1,000.
semi-annual
•
■
will "receive
coupon
bonds.
Bank & Trust Co.
approved
Delafield
by Hawkins;
Longfellow of New
&
—
York City.
$3,440
v
JERSEY
Bloomfield, N. J.
Offering—J. Cory
Bond
son,;
/
.
NEW
•
'"
Charles
Louis.
NEW HAMPSHIRE
Hillsborough
•
,
approved
Trauernicht of St.
•
,
Mississippi
Valley Trust Co. of St. Louis has
.
...
J
Mo.
.
.
-
to
388, more than 2% above the pre¬
ceding year, according to figures
check for
ing bonds offered on Dec. 29.;
An
Corp. and Crouse, option on the issue at par and
to 1953 incl.
Secretary of the Board of Com-:
Bennett, Smith & Co., both of accrued interest ;was granted, to
,;i All
of
the bonds
are
dated
missioners,
will
receive
sealed Detroit, at a price of 117.596.1 an account
composed of Crouse,.' Feb.
bids until 3 p.m. on Jan. 28 for
1, 1943. Re-offered to yield
Dated Sept. 1, 1921; and due on;
Bennett,
Smith & Co.; Miller,! from 0.50% to
the
1.40%, according
purchase of $11,000 not to
Sept. 1 from 1944 to 1951, inclu¬ Kenower & Co., and H. V. Sattley
to maturity:- Second high bid ot
exceed 4% interest improvement
sive.
Interest M-S.
Other bids:; &
Co., all of Detroit.--'V;100.23 for 1.40s was made by a
bonds. Dated Dec. 1, 1942. Inter¬
Stranahan,
Harris
& Co.,
Inc.,
The said bonds will be dated
est
J-D.
Denominations
$600,
group composed of the Northern
117.398; Braun, Bosworth & Co., Dec. 1, ,1942, will be coupon bonds!
Trust
Co., Chicago, Chase Na¬
$500," $400, $300 and $200. Due 117.07, V
of
the
denomination V of
$1,000 tional
Bank, New York; First Na¬
Dec. 1, as follows: $200 in 1943
each, and will bear interest at e tional. Bank, Chicago, Bank of
Detroit, Mich.
to 1949, $300 in 1950 to 1957, $400
rate or rates, expressed in mul-, America National
Trust & Sav¬
in 1958 to 1963, $500 in 1964 to
Careful Budget Operations Eli-j
tiples of ¥4 of 1%, not exceeding ings Association; San Francisco,
1969, and $600 in 1970 to 1972; minate 25-Year Deficit—With the
3% per annum to May 1/ 1948,' and
City National Bank. & Trust
These bonds were authorized at help of careful budget planning,,
and :31S%- per- annum thereafter: Co. of Kansas
City. Third bid of
an election held on Nov. 24, 1942.;
Detroit has wiped out a 25-year;
until
paid.
- Interest
payable!. 100.125 for IV2S was made by a
Principal and interest payable, at deficit which reached its peak in:
May I, 1943, and thereafter semi-; syndicate headed by Shields &
the St. Mary Bank & Trust Co., 1933, when the city was $21,600,annually on the first days of May! Co. and Stranahan, Harris & Co.,
Franklin.
The approving
opin¬ 000 "in the red," according to the
and
November, of.
each
year. Inc. %
ion of Charles & Trauernicht, of Municipal Finance Officers Asso¬
Said bonds will be numbered con¬
-Issue Accorded Good Reception
St. Louis, will be furnished. These ciation.
\
secutively ...in the direct order of
bonds are secured by and payable
By June 30 the city will have
—Phelps, Fenn & Co., Inc., and
their
maturities from
I to 118.
associates made public re-offering
from 47 ¥2 cents of an acreage tax a surplus
of between $1,000,000
both
inclusive, and. will -mature
and $3,500,000, according to esti¬
of the bonds at prices to yield
or forced contribution to be levied
serially on May
1 as follows; from 0.50% to
mates of Detroit fiscal officials.
1.40%, according
upon each and every acre of land
Relief expenditures, bank clos¬ $2,00i),- 1944; $3,000, 1945; $2,000, to maturity.; That the offering
in the district for a term of 30
1946;
$3,000 in 1947 and
1948., was well received is reflected in
years
beginning with 1942.
En¬ ings and failure to collect taxes
$5,000 in each year from 194.9 to; the
close a certified check for 5% of in 1933 stretched the deficit to. its
report by the bankers that less
1965, both inclusive, and $10,000,! than
bid, payable to the Board of Com¬ $21,600,000 peak by the close of
$500,000 bonds remained un¬
1966 and 1967.
Both principal and
the first depression year.
Care-!
missioners.
sold at the close of business 011 the
interest will be payable at the
ful
budget operations, revenues
day of the award.
, /
:
v
;
MAINE
from delinquent tax sales, liquid¬ Detroit Trust Co., Detroit, or at,
South St. Paul, Minn.
responsible bank or trust
ation of closed banks, decreases any
Androscoggin County (P. O. ;
Bond Offering—John F, O'Donin welfare costs and some general company in the City of Detroit;
Auburn), Me.
revenue
increases wiped out the named by said school district as a nell, City Recorder, will receive
Note Sale
The $100,000 notes
successor
paying agent.
Bonds sealed bids until 8 p.m. on Jan.
deficit and promise the surplus. ;
offered Jan. 4—v. 157, p. 2—were
That the'city's credit rating has No's. 1 to 88, both ihclusive; shall 18 for the purchase of $340,000
awarded
to
the
First
Auburn
oot
be
subject
16
redemption 2% refunding bonds. Dated Feb.
improved is indicated, the associa¬
Trust
Co., at 0.463%
discount. tion said, by a comparison of in¬ prior to maturity,. Bohds Nos. 89
T, 19431 Interest F-A. Denomina¬
Dated Jan, 7, 1943 and due $50,r
terest rates paid by the city on to 118, both inclusive, will be sub- tion $1,000; ■ Due Feb. 1; as fol¬
000 each 011 Oct. 15 and Dec. 31,
its bonded indebtedness in
1933 jest to redemption prior' to ma- lows; • $10,000- in
1946 to 1951,.
i943.
and
at
present—nearly 6%,
10 turity, in inverse numerical order, $15,000
in
1952 and
1953, and!
at par and accrued interest, "on 30
years ago, .compared with 2.87%
$25,000 in 1954 to 1963!' No bids
MARYLAND
Bond Offering—Rene H.
1942,
$3,978,890,-
.
8 sold
Franklin), La.
(P.O.
in
total value of
a
Missouri
in
.
MICHIGAN
Bay City,
Mortgage.
St. Mary
vahSe
$84,000,000
.
provided in the Act
as
each
laws amendatory
.
of
property
increased
be
Chaptei
of Minnesota of 1901
thereof and
Laws
and
,
Taxable Property Higher—Tax¬
able
interest will
Authority:
>
.
(State of)
,
Joolidge & Rugg of Boston.
and in¬
the bonds and for other
'
Missouri
No bid for less than
accrued
and
par
St.
,
genuine-
to:
as
will
notes
1944,
by
of
'
■
\
18, as follows:
700 in 1945, and
approved
Trauernicht
>
necessary
oeen
National
Second
the
at
in
&
'
Due-Jan.
$600 in 1946.
high -it hasn't
fprdhe city to use
tax delinquency fund and thus
day when Lansing will have
:ions
Issued in anticipafor the year 1943.
authenticated
)e
providing for the issuance
of these bonds, the city agrees to
maintain rates and collect charges
on
taxes
of
3ank
tion
sufficient to pay principal
of
^ayabie
ministration, operation and main¬
tenance. thereof.
In the resolu¬
terest
18, 1943.
interest certificates
Dated Jan. 18,
1943.-
Legality
Louis.
952, as against
Phelps, Fenn & Co., Inc., Stone & 1941.
Webster and Blodget, Inc., F. S.
The figures just announced rep¬
.he
Mpseley & Co., Paine/Webber. resented the final recapitulation
;he
Jackson & Curtis, First of MichL of Missouri's taxable property.
no
bonded debt grew nearer to
gan
Corp.,
all
of
New York; The assessed valuations already
realization.
' *
"
had been certified to the, counties
The Park and Cemetery. Board„ Mississippi Valley, Trust Co., St.
Louis, Wells-Dickey Co. and J, M. for tax collections.
t
will be able to reinvest the money
Dam & Co., both of Minneapolis,
Valuations by types of property
from
the
city
in
Government
as 1.40s, at a price of 10Q.2369, a
for 1942 and 1941 include:
Lands,
bonds that bring a 2 ¥2% return.
basis of about 1.354%.
Sale con¬ $925,940,599 for
1942, compared
with
Troy
Township
School District sisted of:
$925,330,627 the preceding
No. 6 (P.O. R.F.D. No. 2,
town
lots,
$2,300,000 refunding bonds.
Due year;
$1,878,612,498,
Birmingham),. Mich.
'
.
$230,000 6n Feb. 1 from 1944 against $1,867,571,361; public util¬
Option Granted—No bids were
►;
to 1953 inch
'■
ities, $431,921,674, against $421,received for the $118,000, refund¬
934,776.
• „
,
Due
Denomination $25,000.
1943.
of the water system,
providing for the payment
reasonable expenses of ad¬
Jan., 1 9 4 2.
not Charles
indebtedness.
of
,
after
the purchase of $4,900
exceed 4%
10
-
1, the operation
'
for
18
not
•
Monday, January 11, 1943
A certified check for
must
the
accompany
bid.
,
at present.
(P. O.
Upper Marlboro), Md.
Prince
Bond
George's County
Issue
Out
,
Duration-
for
of
the
Board of County Commissioners,
has reported that the board has
Linden
Clerk
Briscoe,
decided
not
to
47
the $500,000
issue
cents
Sale—The
Note
on
.
Safe
10
years;
were
at
5
in
the
non-
of
amount
purchased by tend¬
for
an
or
one
notice,
interest
more:
108, both
the year
bonds Nos. 99 to
inclusive, maturing in
1945;
Purchased—City
the
Retirement
average
yield
of
1966.
and
after
May
bonds and the approving, opinion
of
1948:
bonds Nos. 94 to 98, both inclu¬
sive, maturing in the year 1965, on
ind after May 1, 1952; and bonds
on
1,
Fletcher, Dorsey, Barker,. Col&
Barber, of Minneapolis.
a certified check for $10,-
man
Enclose
000, payable to the City Treasurer.
Spring Gf&ve, Minn.
on
the Nos. 89 to 93, both inclusive, ma-,
Certificate Mlturity—The $30,$18,000 non-call¬ Luring in the year 1964, on and^
000 1.60% certificates of indebted¬
able bonds for the sinking' fund after May 1, 1955.
*
'
i
ness sold to Park-Shaughnessy &
These bonds will be the -general
(general division) on a yield basis
Co. of St. Paul, at a price of 100.13,
of 2.571%, according to advices' obligations of said school district;
as
previously reported in these
from
Charles
G.
Oakman, City which is authorized and required
columns,
mature
$2,000
yearly
by law to levy upon all the tax¬
Controller.
from 1945 to 1959, inclusive.
able
property
therein such ad
Detroit, Mich.
valorem taxes as
2.559%.
Boston
in
1932.
bonds
Jan.
System
Dedham, Mass.
;
in
Bonds
bonds approved in callable
$300,000
July, 1942, until after the war.
ers
days'
first time
the
improvement
MASSACHUSETTS
published
on
any: will be considered for any rate;
payment other' than 2%y since bonds are;
also, Detroit is under its legal, dates on and after the following being • printed bearing this rate.i
debt limitation, and now only 20 dates, to-wit:.- Bonds Nos. 109 to
Principal and interest payable at
cents of every tax dollar goes to 118,
both inclusive, maturing in the First National Bank, St,. Paul.
fixed debt charges, compared with the year 1967, on and after May 1, The
city will furnish the blank
For
same
Also
day
purchased
were
Essex County (P. O. Newark), N. J.
Debt Reduction Continues—The
county's sound financial condition
was
stressed
report
ond National Bank of Boston par¬
ticipated equally in the award of
the $200,000 tax anticipation notes
offered
Jan.
6, each institution
having named a discount rate of
for
0.40%
was
loan.
The
notes
Bonds
be
may
Purchased—Charles
neces¬
MISSISSIPPI
G.
sary to pay the bonds and the-in¬
Oakman, City Controller, reports terest thereon as the same shall
that
$87,000 non-callable bonds become
due, without'limitation as
made by R. L. Day & Co. of were purchased on tenders Dec. 29
to rate or amount.
mature
1943.
the
on
Nov.
12
Second high
and
Nov.
Jan.
"
*
Bonds
,
Boston.
for the
Essex
County (P. O. Salem), Mass.
Note Offering—Harold E. Thur¬
sinking fund commission,
yield 2.109%.
to
Bids
the
shall be conditioned
unqualified
H.
Claude
Lansing, Mich.
legal
County Treasurer, will
1943.
essary
This renewal is
made
re¬
nec¬
by statutory limitations
Debt
ter
the
Reduced
measure
—
The
city's
previously
re¬
as ceived sanction of both boards..
Stevens,
Stevens
of
Berry and
Lein,
15,
•
Certificate
City
bonds
was
purchased recently by O. B. Wal¬
ton & Co. of Jackson.
Dated Nov.
of
Detroit, approving the
ceive sealed bids
until 11
a.m.
bonded indebtedness was reduced legality of. the bonds,
The cost
of said legal opinion and of the
(EWT) on Jan. 12 for the pur¬ on Dec. 15 to the low figure of
chase
at
discount
of
$750,000 $322,000 as the result of retire¬ printing of the.bonds will be paid
notes, as follows: $400,000 tuber¬ ment of $157,000 in bonds held by the school district. Bonds will
culosis
hospital maintenance by the Park and Cemetery and be delivered at Detroit.
notes, due Jan. 15, 1944, and $350,- Water and Light Boards.1'
MINNESOTA
000 tuberculosis hospital mainte¬
Retirement of the bonds was
nance renewal notes, due April
1, approved by the City Council af¬
Fergus Falls, Minn.
ston,
refunding
000. 3¥2%
upon
opinion
(P. O. Ackermem), Miss.
Sold—An issue of $16,-
Choctaw. County
1942.
Charles.
Legality
&
approved
Trauernicht
of
1
Offering
—
Bri M.
Board
of
;
,
$31,901,720, he said,
$33,270,720 a year ago
099,275. ten
.
years ago.
against
as
and $46,He further
reported that assets in the county
sinking
fund
commission
total
$7,467,274,
making
net
current
the
bonded
county's
debt
$24,434,445.
\
.1. /
Noting that valuations in Essex
County upon which the percentage
...
.
.....
,
of bonded debt is calculated
tinue to
"Between
1940
reduced
were
con¬
shrink, Mr. Reed said:
valuations stand
and
1942
;
they
$98,188,781.' The
today at $1,126,-
860,823, the percentages calculated
on
an
for
average
the
past
is
of these valuations
three years;
this
$1,174,698,383.
with these reduced
percentage
a
new
of
Even
valuations, the
bonded
debt
is
at
all-time lout this year, be¬
ing 2.08%), 4% being permitted
by law. This is considerably be¬
low
the
which
St.
records
time
percentage of last year,
2.13%,. The
county
was
begin, at
there
has
1920; since that
been
nothing
lower.
MISSOURI
Maryland Heights School District,
sist of United States
Mo.
.
Bonds
2 ¥4%
Sold—An
"The assets in the sinking fund
are of the
highest order; they con¬
issue of $8,000
school bonds was purchased
bonds, notes,
etc., $2,060,000; State of New Jer¬
bonds, $25,000; Essex County
bonds, $3,242,000, and bonds of
sey
by the Municipal Bond
Clerk, I will- receive Corp. of Chicago. Dated Dec. 1, municipalities
*
the
to
is
by
Louis.
Super¬
The county's gross bonded debt
average
26,
bid of 0.415%
County
Freeholders.
.
Deposit & Trust Co. and the Sec¬
by
visor Ernest A. Reed in his annual
recently
in
Essex
County,
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
made i opinion of'Hawkins, Delafield'&il
1 Longfellow, New York bond at-;
;
"It is obviously unfair to com¬ torneys, accompanies the bonds. '
"The
Township
is
pare the cost of government here
operating
.$1,868,100.' The
up of cash.
with
rural
services
.
counties
of
is
balance
the
where
under the Cash Basis
the
Passaic, Camden and Hudson
counties
urban counties. How¬
are
in
and
-
have"
which
quarterly
is
an
on-
•payable.
school
there
differences.?
other
are.
West
Jersey City, N. J.
Comptroller
Raymond
Mi
Greer
Sale—H.
Bond
Resigns
Greer tendered
and
—
of
his
Orange, N.
L.
J.
Allen
&
office
of
of
the
as
Commis¬
a
-hon-salaried
Port
2.15%.Dated
due
Aug.
1,
Feb. .1,
as
,
Greer's resignation
troller
Comp¬
as
to
attributed
was
and
business
because
health
of
York.
New
A
100.90 for $110,000
The
of his private accounting
pressure
of
third
2l/4S
of
made
was
by B. J. Van Ingen &
and Julius A.
bid
Rippel, Inc.
; 7
Bonds
Offered
For
Investment
■
Albany County (P. O. Albany),.
/■;.
; :
N. Y.
" •.
—Offering of $516,000 township
Refunding Issue Approved—An
refunding
bonds
(nonissue of $633,000 refunding bonds
callable) dated May 15, 1941 is
was approved by the State Comp¬
being made by a banking group
troller on Dec. 31. The bonds will
composed of Campbell,- Phelps &
be dated Dec. 1, 1942, and mature
Co., Inc.,- New York; Bioren &
as follows:
$32,000 from 1943 to
Co., Philadelphia; Paine, Webbe?,
1955 inch' and $31,000 frdm 1956
■Jackson & Curtis, New York; Fox,
to.1962 incl.
Reusch &
>//■/,•/;■
Co.,* Cincinnati; The
Lake Pleasant
"Weil, Roth & Irving Co., Cincin¬
nati; Suplee, Yeatman & Com¬
(P. O* Speculator),; N, Y.
pany,
Inc.,
Philadelphia;
McPrice
Paid—The
$6,000
park;
Dougal & Condon, Inc., Chicago, bonds sold to the Hamilton
County
•and Commerce Union Bank, Nash¬
National Bank of Wells, as previ¬
3%%
ville.
The
to
priced
bonds
mature
Dec.
1,
1956, inclusive and are
to yield from 3.20% to
3.50%, according to maturity. They
interest exempt from all pres¬
are
ent Federal income taxes and tax
exempt in the'State of New Jer¬
In the opinion of the bank¬
the bonds are legaL invest¬
ments for trust funds in New Jer¬
The
Township
assessed" valuation
$48,012,890
•debt
as
,
•
D
e
b t
Strength
;
a* total
Dec.
2,
•
1942
//AAV
./
Analysis
A
total
a
1942
and
of
842,500,/:.
had
for
Cites
of
bonded
of
■
which
the
bonds
$14,-
.v/.Fiscal
booklet
ously
reported
sold
were
as
in these
April
which
an
eral tax
tax
taxable
eral
offered
to
the
County Trust Co. of White Plains,
at 0.62%:
interest.-; Due May 10,
1943.
R. W.
New
York,
named
Pressprich & Co. of
second'high
of
rate
a
of
premium
$3.'
bidder,
0.65%, plus -a
"T' :• y
: '
York
New
City Housing
/
Authority, N. "'FY'."'" ' y;
Seeks
$150,000,000
Additional
/
is
011
legislation
than $5, except the last one..
for an $11 tax the taxpayer
make
be
executive
Feb.
1,
last
year,'
Governor
but
H.
Lehman.
By changing the fiscal year open¬
ing datey Mr. Dewey said in his
the need for temporary
borrowing by both the State and
the
school
districts
obtaining
message,
State aid will be lessened.
Additional
Urged—;In
the
urging "further aid to
of the State," the
recommended
field
the city."'.
3. Elimination of all
check for $4,200,
-•■
,
payable to
i
.
Royalton (P. O. Gasport), N.Y.
Bond
Sale—The $80,000
awarded
were
Weigold,
price
Roosevelt
to
&
York, as 2s, at a
100.84, a basis of about
New
of
1.93%. j3ale
State
coupon
registered bonds offered Jan. 7
or
1951
non-essen¬
consisted of:
*
1971
to
incl.
Bonds
obligations'
general
spending to put the State
budget on a "wartime footing."
4. A "streamlining" of various
State departments and a review
town and all taxable
-
therein
is
are
of
the
property
subject to
levy of
.unlimited ad valorem taxes to
•
of
"Governor
Dewey's
duty
is
plain," L. Richard Guylay, Exec¬
utive
Vice-President
said,
40,500 Water District No. 1 bonds:
One
for
$500, others
Due June 1, as
.
sands of taxpayers face a
financial crisis."
follows:
1951
serious
$1,000 from 1943 to
and
$1,500 from
incl.
1952
to
incl.
1972
The bonds
general obligations of the
are
"Those especially with fixed in¬
comes
bond
$1,000 each.
of
the Sur¬
"Many thou¬
adding:
principal and interest.
pay
State-local fiscal relationships.
~
the
to
the
will
town and all taxable property
Legislature that the income tax
mill-stones
therein
law be
and
caught between the
of-rising living costs
crushing Federal taxes and
unlimited ad valorem taxes to
the
worst
revised
to
deduction
reasonable
(1)
provide
for
unusual
including
expenses,
"a
are
is
continued.
cost
yet
to
"Small
come,"
All
subject to levy of
principal and interest.
pay
he
businessmen
is
of the
bonds
will
dated
be
and; farmers
besieged by myriads 'Dec. 1, 1942. Principal and inter¬
deduction - ' for'
life
insurance of manpower, priorities and ra¬ est (J-D) payable at the Niagara
premiums"; (3) "exemption for tioning problems face a desperate County National Bank & Trust
dependents over 18 years of age situation unless they are helped Co., Middleport, with New York
who are in full-time attendance immediately,""
;
v
/.,"/,/ exchange. Legality approved by
in an accredited college or school."
Vandewater, Sykes & Galloway of
'//■".
Port Jervis, N. Y.
In addition, he asserted that "our
New York City.
Bond Sale—The $64,000 coupon
entire tax system- needs further
Other bids: Coffin & Burr, New
or registered
refunding bonds of¬ York, 100.60 for
improvement," and to this end
2s; Marine Trust
fered Jan. 6—v. 157, p. 3—were
stated that he had "named a com¬
Co, of Buffalo, 100.22, 2s; Stevens,
awarded to the Marine Trust Co.
mittee A to • study
Dann & Co., 100.18, 2s; George B.
the/ : system.
of Buffalo, as 1.70s, at a price, of
Gibbons & Co., 100.60, 2.10s.
Among the proposals to be con¬
100.175, a basis of about 1.68%.
sidered by the
he
childbirth";
(2)
"a reasonable
v
'
.
group,;
added,
includes "the possibility of a pay-
Dated Jan.
Utica, N. Y.
15, 1943 and due Jan.
Certificate Offering—The City
$10,000 from 1950
1955 incl. and due $4,000 in Comptroller will receive sealed
tax collections and a system of to
signing of
withholding; taxes at the source." 1956. Among other bids were the bids until noon (EWT) on Jan.
for
State
12 for the purchase of $1,250,000
following:' /;/yy %:
;1 //";/,/ A.
Bills
to / Continue
basis for -State income
as-you-go
containing
concerning
the State Loans-^-With the
Dec'.
28
progress of the Township of North, contracts on
Mortgage
Bergen, New
Jersey, since its loans for three additional low-;
Introduced—Among
.bonded indebtedness was. refunded rent housing 'projects, in this city, Moratorium
other recommendations was that
on. May
15, 1941, has been pre¬ Edward Weinfeld, State Commis¬
the
Legislature
continue
for
of
pared by Campbell, Phelps & Co., sioner
Housing, -v announced
another
year
the nine-year-old
that the housing; funds, earmarked
Inc.-, New York; / \
"
moratorium
on
mortgage fore¬
"The present Administration of for New/York- City by the Legis¬
—
pertinent
E.
of
tial
taxpayers
Governor-
Thomas
indicated
an
vey
Deductions
Tax
ac¬
be re¬
valid
be
-
vetoed by
were
Herbert
deposit
will
will
$39,500 Sewer District No. 1 bonds.
One
bond
for
2. Revision of the tax
$500, others
structure,
"with special emphasis" on elim¬
$1,000 each. Due June 1, as
follows:
$1,000 from 1943 to
ination
or
integration of nine
1950
incl.
and
$1,500 from
"emergency" levies.
passed by the
were
and
and
reduction
a
$80,000,000
surplus to reduce taxation.
as
Republican-controlled Legislature
of
of
budget" for < the
new
on or before that date.
bills
27
four-point program calling for:
1. Use of all or a major portion
the
submit
bonds
city will have
be obligated to
levy ad valorem taxes upon all the
taxable property within the city
for the payment of the bonds and
The survey said, in a statement
it had presented to Mr. Dewey a
expected to be quickly
and final enactment will
must
city,
power
ter-skelter" tax structure.
and the third
before
the
Thus States taxes and
overhauling of
could .what it termed New York's "hel¬
are
necessary,
The
"and legally binding obligations of
*
patchwork," and
"they must be inte¬
Governor-Elect
upon
instead of four payments of $2.75
each.
"
,/y; ■;y;.yi,
,
passed
the
bid
his
fellow, of New York, to this ef¬
Expenditure Survey, fect, will be furnished to the suc¬
Enclose a certitaxpayer * organization,
urged cessful bidder.
a
no
or;final instalment would, be $1,
Both
companying
turned.,
purchase the bonds
case
Tax Reduction Urged—The Cit¬
payment of $5 on each of
a
the first two dates,
such
izens Public
in
that
in
broadened to provide
service/ including medi¬ interest thereon, without limita¬
cal protection of the health of our tion of rate or amount. The
opin¬
people."
"
ion of Hawkins, Delafield & Long¬
Fed¬
It is provided
by -the terms of any Fed¬
law, the success¬
increased
15.
of the
and
grated and
pay¬
date
the
by
income tax
the contract to
a
declared that
State
Oct.
"as
received
ful bidder may, at his election, be
relieved of his obligation under
insurance, workmen's com¬
pensation,. • 'relief
and
similar
measures
income
type and character shall be
same
-
awarded-
were
and
instalment
•
proposed
of
anticipation ' notes
5
ent
instalment payment shall be less
Dewey " Dec.
y/
Mamaroneck
tax
quarter
15
period is
-
is due.-
medical
/
income
existing
15, -and
June
-on
June
columns,
4s, at par.
(P. O. Mamaroneck), N. Y.
Town Notes Sold—The $225,000
Jan.
Federal
the
Dewey described the pres¬
systems of State unemploy-
the
private holders from bonds of the
ment
one-half of the income tax is
ments
the
with
Under
Similar
Township, N. J.
conflict
fiscal year
NEW YORK
North Bergen
sey.
of
resources
Mr.
tax
dates
which
Co., Inc., the/ Governor
considerations.
income
>,
of
The
.
,
ers,
water-power
none,
Graham, Parsons & Co., both
York, in joint account,
New
quarterly,
July 15,-Oct. 15 and Jan. 15,
due
1940 and
follows: * $10,000
of New York Authority does not.; from 1953 to 1962, inclusive; and
expire until July 1, 1945,. and Mr. $9,000 in-1963.' Second high bid
Greer is also a member of the of 101.255 for $109,000 2%s was
State Local
Government Board. made by R. W. Pressprich & Co.:
term
sioner
sey.
to
dates, as .set forth, in the-proposedj
legislation,; would • be April 15,1
Co.
City
as
The
law
Comptroller, purchased; $109,000 of the total
effective Feb. 1, at a meeting of offering of $110,000. series D re¬
the City Commission on Jan. 5. funding bonds on Jan. 5—V. 156,
Although leaving the city pay¬ p. 2266—paying a price of $110,roll, Mr, Greer will continue in a 427.90, equal to 101.31 for the
consultative capacity, it was said. Ponds as 2'V4S, a basis "of about
resignation
1950
and
As evidence of its businessi lican,- and Assemblyman Abbott power used under
us in that ties.
previously ex¬
commission,' policy of conducting, the affairs Low- Moffat, New York Republi¬ isting authority. I earnestly com¬
item of $611,000 in of the municipality, properly, the; can and Chairman of the Assem¬ mend
such
legislation to your
Some have no voca¬ Commission will close the year bly Ways and Means Committee. honorable bodies.'.'1
And
.
instalments
change
system, an item of 1942 with all bills paid;, all prin¬
,8534,000' in'' our budget. ,, Some cipal and interest on its. bonded
have
no
isolation
hospital and debt paid;" all state and. "county
•some have no institutional/ prob¬
taxes paid; and, in addition, will
lems whatever because their pa¬ have, a sizable cash surplus, to
tients are all in State hospitals. carry over into the next year."-*;''
tional
Mr.
.
park
no
budget.
His
,
they differ, from
ever,
-some
our
in both the ity companies. * It is my hope that I stitutin'g Chapter 425 of the LaWs
Assembly to -permit as one, of the first acts of 1943 it of 1896, as amended. In the event
payment of the State income tax shall be declared by law that the that
prior to the delivery of the
troduced.: promptly
Senate
the opening date of the State shall, be preserved for the
the Budget Act, holds all inclusive: fiscal year from July 1 to April
1, benefit of the people in perpetu¬
tax sales annually,, and is contin¬ effective this year.
The measures ity. Now. is the time to make that
uing
its
policy
of .foreclosingi were sponsored by Senator G. policy effective by legislation re¬
promptly on delinquent proper¬ Frank Wallace, Syracuse Repub¬ quiring a proper rental for water
county are ex¬
But Union, Ber-
tremely limited.
•gen,
provision of
123
facts
15,
as
follows:
••
-
,
the
says
Township of North Bergen,"
the booklet; "is imbued with
lature
had
been
urged
the
immediate
tion
exhausted..
He
authoriza¬
the Legislature
conducting the affairs,
convenes
after Jan.. 1. of an ad¬
Township along business;
ditional
$150,000,000 to provide
lines; that, is, it. proposes, to put
homes for low-income families.':
into
actual
practice
the
most
Such action is. essential, Com-;
modern and efficient methods of
missioner
Weinfeld declared,"*; if.
procedure for running :the mu¬
the
city is
to
plan
additional
nicipal
government
that could
the idea of
as
soon
as
the
of
possibly- apply
to
any
modern
,
homes
for
low-income
•
are
Measures
paid.
also
branches
this
to
introduced
.were
of
in
end
C.
P.
"With
idea
this
four
in
view
and
preparation,
Township Commission pro¬
ceeded to straighten out its finan¬
years
of
the
/:/•>■
1
Jan./6, the
isting
cial
entanglements
by
refunding
May
its bonded indebtedness as of
15,
Serial bonds in the
$14,988,000 were issued,
interest at the rate of
the State's post-war reserve shelf
is
against
being created
widespread:;
after
merit
New
1941.
the
and
:
/
100.23
100.189
100.10-
100.179
v
l.80'>
100.164
1.80^
.100.151
/ Poughkeepsie, N, Y.'
Bond Offering—Jesse D, Wetsel,
both
City Treasurer, will receive sealed
the
sponsors
requirement
follows:
for
payment
living in blighted and slum
of
1% • oi principal
annually,
sections, and large-scale' construc¬
tion projects are to be added to, although no specific recommenda¬
which
Childs & Cb.
Sherwood & Co.
Blair & Co.,Inc.
to; insure,
unemploy-;
war.
York (State of)
*
/A
tion
of
that
character
by the' Governor.
<
V
•
was
•
,
.
/
for
•
power
being
diverted
Quarterly Tax Pay-; private
utility
Fiscal Year Change, and this connection
resources
to
the
to
now
I.
from
1
\
All
and
of the
Jan. 1, 1943.
1944
$15,000
to
made
callable.
The
approving
Bills
State
for
use
bonds
Due $2,000
1944
to
1952
of
on
July
incl.
bonds will be
Interest J-J.
1943,
Denom.
of
Legislature,- bills we^e in-'wertetd to the use of private util- ates under its City Charter,
be
to
1943
and
The
certificates
against
of
the
dated Jan. 14,
July 14, 1943.
mature
and
to
Tax
will
be
Levy
con-
issued
be
redeemed
of the
out
city for
the fiscal year of 1943. They will
be
issued
in
denominations
of
$50,000,
each
payable
at
the
Chemical Bank & Trust Company
of the
City of New York, to bear
interest
the
at
lowest
rate
bid
therefor, payable at maturity. The
legal opinion of Thomson, Wood
& Hoffman, New York City, will
accompany
the certificates.
NORTH
North
CAROLINA
Carolina
§30,000,000
(State
ment
of)
Surplus Anticipated
—Following is the text of
dated
of $1,000.
rate
anticipation certificates of in¬
debtedness,
from
Bidder to name a single
..
companies., • In
interest, expressed in a
ments,
bearing
he remarked as multiple of
!4 or 1/10 of 1%.
Moratorium
Renewal follows:
3%% per annum. These bonds Mortgage
"It was recently decided Principal and interest payable in
in
matured from
1942 to 1967, in¬ Introduced
Legislature—Fol-; by the Court of Appeals that the lawful money at the Fallkill Na¬
clusive, the last seven maturities lowing
recommendations
made present law prevents collection by tional Bank & Trust Co., Pough¬
(from 1961 to
1967, inclusive) Jan. 6 by Governor Thomas- E. the State of rental for its water- keepsie, or at the Chase National
amounting
to
$5,534,000, being Dewrey in his first message to the power resourcees now- being di- Bank,- New York. The city operamount of
tax
1960 incl.
general
series
'
legis¬
requiring "a "proper rental"
water
18,000
made
Mr. Dewey also called for
lation
1953
$8,000 from
incl.
1952
.
after
Int. Rate Rate Bid
Legislature on
bids until 11 a.m. (EWT) on Jan.
being Sen¬
12 for the purchase of $210,000
ator/Seymour Halpern and Assem¬
not-to exceed 5% interest coupon
blyman George Archinal,- Repub¬
or
registered bonds, as follows:
licans of Queens County, N. Y.
These
measures,
however,
also $192,000/general refunding jbonds,
series of 1943. Due July 1, as
provide for elimination of the ex¬
families
now
business.
closures where -interest and taxes
Bidder
E. H. Rollins'& Sons, Inc.
Raisey; Stuart & Co., Inc.:,.';/, 1%'*.'
Roosevelt & WeigOld, Inc.
GeorgeB. Gibbons & Co., Inc. •V.l.SO'vy
issued
Dec.
a
state¬
29
by Edwin
Gill, State Commissioner of Rev¬
enue:
When
the
in
convenes
faced
with
General
Assembly
January, it will be
the
problem of
deal¬
ing with a large General Fund
surplus, which according to our
estimates
excess
will
of
June 30,
30
be
somewhat
million
dollars
1943.
Financial Chronicle (Reg. U. S. Patent Office) William B.-Dana Company, Publishers,- 25 Spruce
Street, New York. BEekman 3-3341. Herbert D. Seibert, Editor and Publisher:
Seibert, President; William D. Riggs,; Business Manager. Published twice a week [every Thursday (general news and advertising
issue) with a statistical issue on Monday). Other
offices: Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). London—Edwards &
Smith, 1 Drapers' Gardens, London, E.C, Copyright 1943 by William
B. Dana Company,
Reentered as second-class.matter February 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 Tates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
Commercial
William
and
Dana
in
by
x'}
•
1.!i' j>
J.
>:
THE COMMERCIAL; & FINANCIAL:^CHRONICLE
124
of the situation,
•
<A .large part of our
due to the abnormal
surplus is
yields of
benefit
by experience. As Com¬
missioner of Revenue, I do not
hesitate
to
recommend that, at
least
$20,000,000 of our anticipated
agers
by. the
above
City
Clerk.
4,
were
t.
'
"
.
,
;
.
rectly
Federal
with the
Bucyrus, Ohio
govern¬
Bonds Sold—An issue of,
ment in connection with the war
the policy now in
which these contracts
can be renegotiated, it is possible
that some of our taxpayers will
be compelled to return substan¬
tial portions of their profits to
the Federal government,
IVhen
effort.
Under
effect; by
this
Bond
4%
and
bath, house
$5,000
swimming
pool bonds was purchased by the
City Bond Retirement Fund, at
par.
Dated Oct. 1, 1942.
Due
$1,000
April 1
on
incl.
1949
pal
Interest
interest
and
from "1945
to
Princi¬
A-O.
payable. at the
is
done^ the State will be
Conneaut, Ohio
compelled to refund to these tax¬
Bond Gfferingi—B, L. Palmer,
payers a portion of the incoipe
tax already paid. In other words; City Auditor, will receive sealed
bids until noon '(EWT)' on1 Jan.
the renegotiatipri of contracts will
21 for the purchase ;of $7,600 3%
reduce to; some extent our pres¬
Dated
ent. and prospective surplus. We judgment funding bonds.
Jan. 1, 1943.
Denom. $950; Duei1
cannot knOw the full effect of re¬
$950 on March 1 and Sept/1 from
negotiation until we know just
1944 to
1947 incl,/ Bidder may
how .far the; Federal government
name a different rate of interest,
intends to go with respect to this
expressed in a multiple of V\ of
policy.
1%.
Interest M-S.
A certified
Notwithstandingthe fact that check for
$75, payable to order
the sales tax is now running sub¬
of the city, is required.
stantially ahead of the last fiscal
City Treasurer's office.
year, we are expecting a levelingoff and
decline in this schedule
a
after the first of January
due to
depleted stocks of goods that will
be difficult, if not impossible, for
merchants
to
replace.
For the
duration
the
of
ceive
time
at any
may
greatly reduce
our
from this and other
revenue
sources.
V It is not amiss also to consider
the Highway Fund in relation to
the total picture of the state's
finances. For the first five months
this
fiscal
which
year
Nov. 30, 1942, the
ended
General Fund,
in
Bond Sale Details—The
fire apparatus
White. & Co.
mination
follows:
a
Fund for the
a
same
' •
v
Bidder
Weil,
or
$i;ooo, Due Aug. 1, as
$3,000 in 1944, and $4,000
1952.
to
The
bonds
must be
terest and
all
of the .'bonds.<
<
may
the same
of
Principal and
.
as
proceedings
•
by
Co.
'
of
.
'
i ! Int. Rate
Columbus,....,..2%
Rate Bid
100.16
Roth
&
Irving Co.
100.17
of
charge,
opinion of
RHODE
ISLAND
Pawnee School District,
Okla.
Offering
City
sealed
for
12
count
of
—
the
schedules
of
PENNSYLVANIA
taxes enacted at that time would
yield
and
but
more revenue
less
it
period
hard
thought that
was
of
in good times
in
revenue
many
could be struck
years
a
provided
times,
over
a
balance
we
set
Duryea, Pa.
A.
will
noon
$200,000 notes issued in
of
June
as
Dated Jan. 12,
1943 and due Dec. 2, 1943.
15, 1943.
reserves
to tide
over
in prosperous years
depression periods.
It will be remembered that in
the
last
depression of the
early
'30s, the state, notwithstanding
sharp cuts in appropriations, ran
a
deficit
the
of
General
about
Fund.
$12,000,000 in
Because
in
previous good times no sufficient
had been set up, the state
compelled to borrow money
in New York at the high rate of
6%. If during this depression the
state had had a large reserve upon
which to draw, it would not have
been necessary to slash to the
bone the salaries of school teach¬
reserve
was
ers
and other public servants and
A suit
Court
DAKOTA
Mitchell, S. Dak.
Bond
Offering—Chris
Hirning,
City Auditor, will receive sealed
bids until Jan. 18 for the purchase
of
$135,000 3% general obligation
1963;
optional in 1948.
Issue was ap¬
proved at an election on Dec. 29.
:
be
awarded
on
the
(P. O.. Corsicana),
Refunding A
Board
;
Tex.
p pr o v e
d
—
The
of
Dunne-Israel
Investment
Co.
Wichita, for the refunding,
of
3s,
of
the
outstanding $54,000 5%
Road District No. 8
(Blooming
Grove) bonds. The bonds were is¬
sued in the amount of
as
$100,000 in
25, aggregating $20,000. Part of
an issue of
$25,000, dated Feb. 15,
1934, denoms. $1,000, due Feb. 15,
1954. Payable at the Marcus Hook
National Bank, Marcus Hook.
budget
1
provide
bonds would
re?
the city's general
Council late yes¬
retain, in the 1943
$76,835' interest item as
$150,000 for redemption
the principal,,
.
well
on
to
interest pay**
the $1,397,000
an
,
a
as
,
"The
council
killed
finance
a
committee
bill that. Would have
stricken these items from the bud-
get.,
•
"Because the, property assessed
for
the
regrade
improvement
would
not
have
paid
for
the
bonds, the City. Council in ; 1928
made
issue
the
a 'general
obli¬
gation of the city,
Bondholders
'declared' yesterday that any
de¬
fault' on interest; would be con¬
strued as a .repudiation of the
council's
agreement
bonds.
,
,
to
back
the
,
"Councilman
James
Scavotto
alone stood for striking the bond
not
UNITED STATES
Housing Authorities Offer $95,420,000 Notes—A group of 36 local
housing authorities are offering
on
various dates in Jan¬
aggregate of $95,420,000
an
would
notes.
adversely
issues made by the city in
the future.
J. F, Fogarty, Grand
Master
Workman
Order of United
holds
will, be dated and the maturities:
Jan.
13
(Notes
dated
Feb.
1943)
2,
Municipality
Amount
Alexandria, La.
.$
665,000
Allegheny County, Pa.
3,784,000
"Boston, Mass.
11,510,000
Bremerton, Wash.
2,100,000
Chester, Pa.
5,108,000
Chicago, 111.
8,300,000
Chicago, 111;
9,900,000
Decatur, 111,
1,735,000
Detroit, Mich,
15,375,000
Payette County, Pa.
1,215,000
Glendale, 'Ariz.
203,000
McKeesport, Pa, ......
1,025,000
Mesa, Ariz. ....213,000
Newport News, Va.
1,813,000
'.New York City
......,
2,216,000
Norfolk, Va.
."..
1,871,000
Orlando, Pla..375,000
Maturity
2-17-1944
2-17-1944
2-17-1944
2-17-1944
2-17-1944
„
.
....
.
Pensacola,
Pla.
Va.
County
Portsmouth,
reserve, said city light and water
bonds also;WilI be affected
by lany
declared
The
the
taken
care
On
Jan.
20
developed at the
that the city itself holds
'
some of
A bank gave bonds as
for
deposit of city
the issue.
and when the bank failed
the city treasurer held the bonds.
H.VL. Collier, city
money
treasurer, told
the council
Tex.
7-27-1943
2-17-1944
2-17-1944
Bond
-
Feb.
9,
5-19-1944
Jan.
bonds
4—v.
..
,
1943)
both of New
.2-24-1944
a
■/
.
700,000
........
....
,,,
2-24-1944
-
2-24-1B44
2-24-1944
2-24-1944
.2-24-1944
-2-24-1944
'2-24-1944
2-24-1944
2-24-1944
5-17-1944
2-24-1944
5-19-1944
2-24-1944
2-24-1944
..,.$16,928,000
price
of
York, and J. M. Dain
100.029,
as
1.60s, at
basis
a
of
$125,-
000
from
1944
to
1947
incl.
and
$130,000 from 1948 to 1951 incl.
Second
I.70s
high
was
bid
made
of
by
100.339
an
for
account
composed of the Northern Trust
Co. and First National
Bank, both
of
Chicago,
Wisconsin Co., Mil¬
waukee, and Kebbon, McCormick
& Co. of
Purchase
for l%s:
To
—
2180—were
about 1.593%. Dated Jan.
15, 1943
and due Jan.
15, as follows:
Seattle, Wash.
the
p.
re¬
offered
syndicate composed
Minneapolis,
' ..v
WASHINGTON
in
a
1943
Louis, Lee HigginCorp. and Estabrook & Co.,
son
1,710,000
......
Bonds
,:
Trust Co., St.
& Co. of
980,000'
6,195,000
437,000
County, 111,*
595,000
Memphis, Tenn.
1,489,000
Meridian, Miss.
365,000
Montgomery, Ala.
209,000
Newport, R. I.
1,105,000
Seattle, Wash.830,000
Selma, Ala. .,.....,....
594,000
South San Francisco, Cal.
192,000
Washington County, Pa.
758,000
Seeks
;
$1,020,000
of
156,
awarded to
Maturity
11-17-1943
2-24-1944
227,000
Total
interested in
are
Sale—The
funding
236,000
315,000
......
Madison
'we
getting par for them.'"
2-17-1944
2-17-1944
11-10-1943
'
2-17-1944
...,.....
Galveston.
.
hearing
2-17-1944
2-17-1944
,
Amount
....
Jersey City, N. J..
Long Branchy N, J.
be
WISCONSIN
Jan. -27,- 1943.
■"«
County, Cal.
Smith, Ark.
the
^
Tt
11-10-1943
dated
Contra Costa
Fort
of
should
of Mercantile-Commerce Bank &
(Notes
...
bonds
Kenosha County (P. O. Kenosha),
8,589,000
be. dated
Municipality
Annapolis, Md. .1
Asbury. Park, N. • J.
Buffalo, N. Y.
faith
of.'
'
,....$78,492,000
will
good
citysays
2-17-1914
2-17-1944
606,000
City and
of
San Francisco, Cal.
"This Issue
Ancient
8-10-1943
2-17-1944
1,859,000
...
..
of the
Workmen, which
bonds in its insurance
some
Following tabulation shows
collateral
the days of sale, when the notes
On
the
affect
bond
Washington Mutual Savings Bank,
which has $76,000 of the
bonds,
United States
t
tion to strike the funds from
budget
failure on condemnation bonds.
Dietrich Schmitz, President of the
December, 19.16.
A
resolution
City
Council
Regrade
introduced
on
Dec.
7
Principal and interest payable at
Collier, City
the City Treasurer's office or at
Treasurer, to advertise for ten¬
were made for the $170,000 not to
the Chemical Bank & Trust Co., ders of the approximately $1,350,exceed 4*4%
interest judgment
New York.
The bonds are de¬ 000 of outstanding Denny Hill refundihg bonds offered Dec. 29—
clared by law to be the absolute grade bonds and to purchase the
V, 156, p. 2179.
Fox, Reusch &
and general obligation of the city bonds, on the best offer below
Co. of Cincinnati submitted an
and an unlimited general tax levy par, to the. extent that available
open bid for4%s and the Borough
for their payment is required by sinking, funds will permit.
The
Council
passed
a
resolution
law and authorized by ordinances. bonds do not mature until 1950
granting the firm a 90-day option
It is provided by Section 1088. of and city officials expressed the
on the issue after court litigation
the Code of Tennessee (1932), en¬ view that it would be good busi¬
is resolved in favor of the issue.
acted by the General Assembly of ness to buy in as many of the
Lower Chichester Township, Pa.
1931, that neither the principal bonds as possible at less than
Bond Call—John T. Lamplugh, nor the interest of said bonds will par.
The proposal to take such
Township Secretary, has called be taxed by the State, or by any action was advanced after the
for payment on Feb. 1, 1942, 5% county, or municipality thereof. council killed a finance committee
street improvement bonds Nos. 6 The legality will be approved by bill that would have eliminated
to
failure
Denrty regrade
fleet badly on
credit, the City
terday .voted to
Chicago.
Other bids, all
Bidder
Harrlman
Rate Bid
Ripley
& Co., Inc.; Paine,
Jackson &
Curtis; John
Co.;
Milwaukee
Co.;
Mullaney, Ross & Co., and Stern
Bros.
& Co.,
jointly
would require H. L-
Option Granted—No firm offers
that
"O. B. Thorgrimson, bond at¬
torney representing several re¬
grade bondholders, said city ac¬
County Commissioners
has completed a contract with the
lowest
coupon rate bid and the highest
premium on such lowest rate.
.
(
Total.
will
in
.
.
SOUTH
V
J
.
on
purchase at dis¬
^
"jM ! lif
.
payments,, asserting, the city is
giving similar aid to worthy
•holders
of
Local
Improvement
amount
of
bonds
andinterest
District
bonds,
Vvho, he said,
ratq.. This is to be done after 'a
helped build the city.
I 'V
re¬
Treasurer,
until
bids
the
.
up
Co.
with the
uary
William
summarize, in spite of the fine
Bond
Sale—The
$4,500
con¬
TENNESSEE
status of the General Fund, the
struction bonds authorized at an
state, from all sources (that is,
Nashville, Tenn.
election on Dec. 22 have been sold.
Including the General Fund and
Bond
Offering—P. L. Wood¬
Highway Fund)
showed a de¬
OREGON
ward, City Clerk, will receive
crease of $2,306,087, or 6.89% for
sealed bids
until
10
a.
m.
on
the first five months of this fiscal
Monmouth, Ore,
Jan. 19 for the' purchase of $500,year .over the similar period for
Bond Sale—The $36,000 refund¬ 000
not to exceed 3 % interest air¬
the previous year.
ing
electric
light
and 'power port extension bonds of 1942.
Under the circumstances, what bonds offered Dec. 21 — v. .156, Dated Dec.
15, 1942. Interest J-D,
action should the Legislature take p. 2179—were awarded to Fordyce
Denom., $1,000.
;
V ;
*
& Co. of Portland; as 2s, at a
with respect to the surplus?
Due Dec. 15, as follows:
$15,Dated Feb. 1, 000 in 1943 • to
The
cornerstone of our state price of 100.27.
1947, $25,000 in
1943. Due Feb. 1 from 1944 to
fiscal
1948 to 1960, and $50,000 in 1961
policy is
the balanced
1951- incl.; callable Feb. 1, 1946 and 1962.
Bidders to name the
budget, and in connection with
and thereafter. Second high bid
rate of interest in multiples of Vi
this policy there was enacted by
of 100.19.for 2V2S was made by E. of
the General Assembly in 1939 a
1%, any rate to apply to the
M. Adams & Co.
entire issue bid for.
The bonds
permanent revenue act.
It was
that
Gas
District
Grayson
County,
on
1942, to compel the Gas
Company to comply with their
contract with the city, as specified
in their franchise, to sell to the
city, and enter into negotiation
Cranston, R. I.
Note
To
realized
•
Com¬
Sherman,
for sale
water system bonds. Due in
OKLAHOMA
period showed
decrease of $4,204,419, or 28.10%.
in
the
Dec. 25,
the' Department
of Internal Affairs.
The Borough
will furnish to the purchaser, free
"'>■"'
Ryan, Sutherland & Co. ......2V4%
100.54
Seasongood & Mayer......,.2100.21
filed
was
•
Other
.?•
munity ' Natural
by
Monongahela Trust Co., Home¬
price is decided on.
stead.
The sale of the. bonds ! is
•
Navarro County
subject to the approval of the
Jan.
Cincinnati,
owned
city for the sale of their
properties.
An ordinance must
for
be. passed later fixing the exact
interest (F & Al) payable at the
ceive
$13,000
bonds to finance purchase of the
gas- system
p.m.
bonds sold to J. A. anticipation of taxes assessed
(! basis of about 1.83%.
bids;
showed
$1,898,332,
10.22%; whereas the Highway
1945
in
umns, were purchased by the bond
house as 2s, at a price of 100.915,
Ohio
increase of
8
be registered as to principal only.
Bidders to name the rate of in¬
Brown,
previously reported in these col¬
comparison with the similar
period of the previous fiscal year,
an
until
bids
Jan. 15 for the pur¬
chase of $35,000 coupon funding
bonds. Dated Feb. 1, 1943. Deno¬
on
.
.
on beverage taxes.
Priori¬ Co. of Cincinnati.
ties, rationing, and other Federal
West Alexandria, Ohio
measures
sealed
(EWT)
the favorable legal
Burgwin, Scully &
Their
Churchill, of Pittsburgh.
opinion will state, inter alia, that
the bonds are valid and binding
obligations
of
the
Macedonia Rural School District, general
:
borough, payable as to both prin¬
Ohio
cipal and interest from ad valo¬
Bond
Sale—The ; $15,000
im¬
rem taxes levied upon! all the tax¬
provement bonds offered Dec. 31 able
property therein within the
-V, 156, p. 2179—were awarded,
tax limits prescribed by law. En¬
to Ryan, Sutherland & Co., To-,
close a certified check for $700,
ledo, £s 2s, at. a price, of. 100.47, a
payable to the borough.
much
emergency
Bro-
Borough Secretary, will re¬
sey,
there will
be increasing restrictions on, ci¬
vilian goods, and this should have basis
of .about
1,93 %,
Dated
a
depressing effect on our sales Sept. 1, 1942, and due $3,000 on
tax revenue.
Oct. 1 from 1948 to 1952, inclusive.
As long ps the war continues; Second high bid of 100.26 for I V2S
it will not be safe to depend too was made by Nelson, Browning &
war,.
J.
Offering—Harry
"Told
ment next June on
-
'
\
considered.
change
group,
announced that pared. Enclose a certified check
for 2% of the face value of, the
during the. period Pec,-3, 194& to,
bonds bid for.
*
1
'
Jan.
bonds
i"'»
funded, meet
1943, $11,067,000 more
exchanged, making
::' '' TEXAS ?
/ ■ ■
the aggregate exchanges to date
'
',
'
1
important to consider these
that may arise;when the war ends $25,167,900.
Denison, Texas
This figure includes
two items,, for together they com1'
and the state,'may be confronted bonds of practically all series, butRevenue
Bonds
Authorized—
pose 68%
of our general fupd
with declining revenues and un¬ leaving bonds in many series still Harold
revenue. •,
Schmitzer, City Secretary,
;
'■
available for, exchange.,
usual post-war demands. * •'
reports
that the • City - Council
A part of our income tax re¬
passed an ordinance authorizing
West Homestead
ceipts <can be attributed to profits
OHIO
an issue of about
$600,000 revenue
(P. O. Homestead), Pa.
made by contractors dealing di¬
the income tax and the sales tax. surplus be set aside by the Leg¬
islature as a reserve for the crisis
It is
'! Ill
Np bids, fpr less than par will bp
Delivery at the Third
National Bank, Nashville, as soon
after sale as they may be pre¬
of the $162,296,000 bond ex¬
.
consider without illusion the facts
ished
1*1 'i
Mohdiyi January '11,1943
.
:
(Philadelphia, Pa.
The existence of so great a sur^ the state would not,, have, been
Bonds Exchanged — Drexel &
plus has resulted in considerable compelled ; to; borrow*, moneys, at.
such high rates,
Co. of Philadelphia, and Lehman
optimism in. some quarters, and I
It seems to me that we should Bros, of New York, joint man¬
think it is wise at this time to
of
I •'
M
Webber,
Nuveen
A.
&
..100.339
C.
Allyn & Co.; Stranahan, Har¬
Co.,
Inc.;
First Cleveland
Corp., Cleveland; Ryan, Sutherland
& Co., and Channer Securities
Co..
Chicago, jointly .1
ris
&
*
100.27
Halsey,
Stuart & Co.;
Central Re¬
public Co., Chicago; E. H. Rollim
&
Sens;
Bacon, Whipple & Co.;
Braun,
Bosworth &
Co.;
Martin,
Burns
Rice
Shields
&
&;
Corbett, and
Co., jointly.
Daniel
F.
,....100.07
&
Co.; B. J. Van Ingen &
f
Co.; Bear, Stearns & Co.; Fb-st of
Michigan
Corp.,
and
Paul
H.
Davis & Co., jointly...,.
....100.07
.
CANADA
Canada
(Dominion of)
provisions in the 1943 budget for
Treasury Bills Sold—An issue of
payment of interest and sinking $45,000,000
Treasury bills was sold
fund requirements.
This action
0,517%. Dated Dec. 30, 1942 and
charge.
All bids must be upon was
reported
in the
"Seattle
due April 2, 1943.
blank forms which will be furn¬ Times" of Dec. 3, as follows:
Cutler of Chicago,
whose approving opinion will be
furnished the purchasers without
Chapman
&
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
RAILROAD
!
PUBLIC UTILITY
-
Stabilization
Abraham & Straus, Inc.—To Pay $1 Dividend—
mp
.during 1942 were a"^ follows:
Jan! 24. .$2,
Oct, 24, 50 cents eacn.—V; 156,"p. 2003.
v
'
:
' /'•
.v
<
.•
' / •'V '■
'
'
1
>■
t:
.
v
V
'.
■
•
„■
American
.
.
Aircraft Accessories Corp. ,(&>Sub.)-^Earnings
Income
Oross
Account
Year
landed
i
interest expense
and. State
based- on
taxes
American Po\yer & Light
/
■
Period End. Nov. 30—
Car■&<Foundry Co,—Resignation—
;
<
1
Operating revenues
vAmeri^n - Forfin^ <& Socket Co.—Earnings-
41,407
3 Mos. End. Nov. 30—
.
sales
Gross
income,
(less
1942
allbw."
returns;
1,940
$
12,170,748
>1,985,146
2,166,840
2,977,276
3,968,754
12,135,603
99,378
taxes
11,538,607
8,332,946
Net ,oper. revenues--.^.
,
1941
(& Subs.)—Earnings—
' 1942—12 Mos.—1941,
$
,
$
"31,435,613' 29,249,296 122,440,969 114,234,073
Operating expenses
.Federal taxes,—'la
Other
Co.
1942—3 Mos.—1941,,
•
,,
,
Prop, retire/& dept. res."
,519,212
Selling, admin, and general
Federal
V
Effective Dec. 31, 1942, Olin F. Harvey, resigned as Vice-President'
of this'company and as Vice-President, and. a director, of American:
Car & Foundry Investment Corp.—V/I56,
p. 2303.
$.1,288,281
„™~,_
for
'
April 80, 1042
profit,
♦Provision
'
Subsidiaries—
r.
.
f'
'
V
MISCELLANEOUS
-
Committee,' because inland yards we,re , specifically ex-,
established zones covered by stabilization agreements.*-,
156,, p. 1463,!
•,v.
and April 25, July 25 and
-
INSURANCE
-
eluded from the
Paymentsi
tp holders of record Jan. ,16.
value, payable Feb. ;1
par
I"*
.
.
dividend of $1 per share has been1 declared on the common "stock,
A
INDUSTRIAL
-
125
44,459,122
12,301,681
10,159,285
11,308,526
48,056,746
15,851,778
2,555,858
9,864,142
2,833,131
11,827,432
36,840,871
"
Other'Income
(net)-,.
55,061
&
1
' 186,289
■
36,005,459
134,330
"
discounts)
\
.462,000
including $240,000 Federal excess profits tax,;^_v.—
"Cost
Profit for the, year ending April 30, 1942..—.$265,662
Dividends (27c per share on pfd. stk. pd. ApriL30, 1942)i_" 15,211
share
per common
'
Note—Provision„ of
was' made
$462,000
.A Operatihg -profit
April',30,
It; is
come.
that
1942;
during
the -fiscal-
year
Federal and' State taxes -based on in¬
no
tax liability exists for "prior years-and
for
believed that
the. provision
for
the
April: 30,
year; ending
.
'
'
'
$2V,016
15,214
Consolidated
Balance
Sheet1
ApriL30, 1942-
12,234,981
8,408,007 ,37,027,160
publ)c, etc,,
36,139,989
t
.
3,952,100
3,935,529
15,687,299.
15,729,590.
Balance
.
$132,837
$36,862
■
.
269 ;
859
,
$34,503
429
8,282,881
1,792,945
4,472,478
21,339,861
20,410,399
.1,792,935
6;489,936
(2,679,543"
divs.
tOr
public-.1-
Balance
.
52,791,
^
•
,8,178
.10,978
Portion
applic, tp
nority. interests
■'
'.Net income
"Selling/administrative and: general
-
$25,896
expenses, Including depreciation.
$79,187,
—V.156, p/ 2003;
-
\
mi-
.
!
19,721
',
.Net equity of Am. Pr. ■"
& Lt. Co. in income
\
7,171,755
7,171,742
14,168,106
13,238,857
,
•9,378
43,430
2f670;165
48,641
14,124.676
$25,615
.
•
-
to
$19,289
"
9,846
8,901
...
federal- income'.taxes (estimated)
,
"*
int.
"
.legislation
.
Net
♦Pfd.
iticomp,,.—■
Total'
'
$123,936
.
Other; deductions.
is/, sufficient
1942,
under existing revenue laws/ However, under the old tax
the $462;00Q provision- may prove to be inadequate; -- -
'iiiAwwI-i-L-iCl-J
Other income
_
..
■ending
Gross income.
679,960
deductions
shares)$0;44
(526,143
$699,249
'
514,960
'
!
Earnings
$541,977
$860,210'
736,274
of,goods sold— —l
'
■
.
(
r
'*•'
in' banks
Assets—CAsh
oh hand,
and
$287,491;
balance -of ; proceeds-
-accounts- -receivable;
*'
Subsidiaries—--
;'
"Profit
—v.
i
1628.-
Operating income _I_
Other
interest
Net
&
156,
2093.
p.
/
•;
.
.
had
adjusts,
I '
,•/
Years Ended
.
equity
in
return
Net
♦Differential
from
sugar
sold—.I
,
'■Balance,.
:
Cost
of
$3,814,903
70,011
sold--
sugar
.«■
:
' Brl2,'742
unearned.—V.
or
of
0.36%
ductious
Int.
/>
to
of
debt
19/-"/
79,546,000
26__
71,785.000.
ItJah.
2^1/u
72,928,000
1.710.274
579,991
v
■^Includes
♦Full
$3,159,353 $11,809,168 $11,493,244
1,348,571
exp.
1,435,585
5,448,142 y
M.
Earle S.
5,749.268
able
$7,359,342
5,919,578
of
186,511
$2,185,097
$2,162,291
30,523
$1,390,325
27,514
Int.
$2,192,814
$1,417,839
103,377
Cr8.36G
726,246
120,840
Other
of; American
&
in
income
43,101
&
$3,045,682
Foreign
Power
&
188,286
$3,164,620
amort,
&
of
income
$2,228,197.
-—
debts, etc.—Net non-recurring charges—
prov. for 'inc. & exc. profits taxesbad
158,457
—
140,570
;
930,087
Balance
Inc.
Co.,
$9,912,781
income
Divids.
oil pfd,; and
common
^>
stock
$999,083
425,526
579,991
1,348,571
1,435,585
578,491
/
.
:
♦Arising from charges for storage in overflow warehouses and
.freight, charges
for company-owned truck
included
In
marketing
expenses,
v'/
'
!:'>•;
//
Consolidated Balance Sheet' at Sept. 30, 1942
.
:
Assets—Cash
fixed
<822,90817 $228,136;
*
LiabiHties^Notes
payable
(bank
loans),
$900/000;
notes
-of beets,-$480^547; dividends > payable," $34;470f. accrued interest
payable, $8,472; general * property = taxes accrued; $217,084; social se¬
curity taxes, $26,098; Federal excise tax (Sugar Act of 1937), $224,054;
jFpderal capital stock tax, $50,000;
Federal
and .state
income/and
$905,000; long-term
liabilities, $1,725,000; reserve
"for workmen's compensation, insurance, $167,750; 5%..cumulative first
preferred stock (par $10)', $6,735,967; common stock (par $1), $690,549;
capital surplus, $383,432; earned surplus, $2,613,425; total, $15,696,992.
—V. 156, p. 1145,
excess-profits
taxes,
A
schedule
new
of
wage
rates
agreed
upon
by
this
company,
and
ihe United Steehvorkers of America, CIO, for the, company's Ambridge,
Pa., shipyard was approved by the National War Labo.r Board, subject
Shipbuilding Stabilization Committee, it was an¬
Proposed rates for the 1.500 employees range from
cents to $1.20, with a 7'(
premium'for night shifts.
Rates previ¬
review
to
nounced
81
ously
<"
The
on
by
the
Jan.
approval of
proposed rates for its yard, which is working on a Navy contract,
iand the Navy referred the matter to the WLB.
The proposed rates are identical, WLB found, with those'paid at the
the
-
"pravo Corp,'s yard, four miles from the American. Bridge Co. yard:
Rates
in inland yards have not
yet been stabilized by the Shipbuilding
'
$1,753,558
'/"v.
8,637
U940
stated
/
income
$1,762,195
406,705
65
340,028
540,237
375,095
Admin,
and
selling-exp.
deductions
Tax
;
"
$1,687,188
$1,120,261
35,345
.15,156
$1,722,533
$1,135,41?
;
■
9,416
'
»
$1939
';;
/-
$2,195,962
'
;
depr'eciationpaid
Extraordinary repairs—
cash
expiration date)
$25
share.—V.
a
to purchase 6,640,894.8
156, p. 2303. "
Profit for yeAr
:
-
♦Loss,
•
Glass
1
$2,205,378
400,468:
;
394,235
1
-
388,944
1,058
236,592!
233,765
508,966
531,684
: 452,251
211,170
*^403.523
VI- 318,718 />-;>"il88,871
of
common
accounts
■
dent
equipment
the
latter
Co.—Expansion-—
company.
"
/
•
no
changes, in management
contemplated.
paint manufacturing plants in
High Point, N. C.
The company
specializes in. industrial finishes and general maintenance paihts-for
Industry, while The Ferbert-Shorndorfer Co. has specialized in auto¬
American-Marietta
Co.
has
motive
current
p.
and
metal
finishes.
production
1571.
is
war
•*
were
finishes,
the
95%
of
the
latter
company's
announcement. said.—V.
;
156,
Seating Co.—Secondary
Anglo National Corp., Ltd.—Liquidating Dividend—
The directors
on
V.
156,
p.
2004.
was
a
liquidating dividend of $1.25 per share
no par value, payable Dec. 28 to
class A stock,
Dec.
22, out of funds accumulated through
the sale
A liquidating dividend of $1 per share was
last, and on Dec. 26, 1941, as against
share on Aug. 15, 1941.—V. 155, p. 2451.
liquidation of assets.
or
this
on
issue
on
June 30,
Offering—Blyth &
a block of common stock (no par) as a sec¬
distribution, at $13 V2 a share, after close of
trading on the New York Stock Exchange, Dec. 30.—
members
cumulative
the $2
holders oL record
50
cents
a
share.-
Arbor RR.—Receivership Ends—
Ann
ondary
NASD
recently voted
■
.Co. offered
to
reserve, for
A
$3 per
Discount
$255,893;
Los
made
.
American
$6,626,206;
corporation on Dec. 31 announced that it had purchased more
majority of the outstanding stock of the Maywood Glass Co,
Angeles at $8.50 per share.
Minority stockholders are offered
the same price Until Jan. 23.—V. 156, p. 2303.
of
and
than
$3,233,888),
The
than
other
More
of
total, $9,582,962.
Anchor Hocking Glass. Corp.-r-Acquisition—
^
subsidiary,
Kankakee, 111.; Marietta, Ohio,
depreciation
for
reserve
.
The' Ferbert-Schorndorfer
said
(less
scriptions to U. S. Defense Bonds, $22,604; Accrued Federal,
.
of
demand deposit and on hand, $147,003; notes and
(less: reserve for doubtful notes and accounts of
employees' payments on sub¬
state and
extraordinary repairs, $259,781; 5%
cumulative pfd. stock (par $25), $4,394,550; common stock (par $12.50),
$2,778,016; capital surplus, $800,951; earned surplus, $762,732; Treas¬
ury stock (1,579%! shares, of pfd. and 1,903Va shares .of common, at
-cost), Br$41,547; total, $9,582,962.—V. 156, p. 2094.
>
Co, will be operated as an' Americanwith-David Andrew; who joined, the company in
1930, continuing as its/President, and GUy Bartholomew/with FerbertShorndorfer since its inception in 1922, as Vice-President.
Mr. Harmann,
who has been named Chairman of the Cleveland company,'
-
3-*$57,090
Liabilities*-Accounts payable, $349,983;
Acquisition of The Ferbert-Shorndorfer Co.,, industrial paint manu¬
withi.plant • arid home off ice - in -Cleveland, Ohio, by. AmericanMarietta Co. Was announced last week by.Grover M. Hermann/Presi*
Marietta
on
receivable
deferred charges, $47,074;
:
facturer
'$320,736
$15,762), $812,691;.inventories—at lower of cost or market, $1;925,941;.
•miscellaneous. investments, ,$24,048;
land, buildings, machinery, and
stock, for
'
$529,437 '
Consolidated Balance Sheet, Aug. 31, 1943
:
..Assets^Lcash
:
$100,064
tlncludes wholly owned subsidiary! ^Includes American Photo
Export Co/and Western Pennsylvania Natural Gas Co."
«Si
locaRtaxes,
American-Marietta
■
shares
4.
ranged from 72 V2 cents to $1.11.
company had applied to the Navy Department for
tl941
' V
Interest
ferred; -387,025-.65.-shares, (including scrip equivalent to 3.65 shares'$6
cumulative preferred; 2,5$6,836 shares, .second preferred series A $7
,
American Bridge Co.-—Increased Wages Approved—
fl942
31—
for
Prov.
$3,570,597
cumulative/ and 2,084,83ff common shares and option warrants (without
payable
jcrop
$5,411,228
Balance Sheet, Sept. 30, 1942
.
(long-term credit agreement, installment due Aug. 1", 1943 r, $275,000;
trade accounts, payable, $135,931; sundry liabilities and miscellaneous
accruals, $59,531; accrued pay rolls/ $64,682; final payment for 1941 >
$877,818
.
of
assets1 (less reserve far-depreciation of $3,charges, $95,297; total, $15,696,992.
B26,896)v:$8,032,046; deferred
.
Liabilities—Capital stock, $393,940,452; funded debt, $92,750,000; ac¬
payable,- $78,547; accrued accounts, $1,520,032; miscellaneous
84,654;. deferred- credit, ..$196,631; special contingency
reserve, $725,000;,earned ...surplus, ,$33,302,978; total, $522,518,295./ . >
..The capital, stock is .represented.by. 478,995. shares cumulative .pre¬
■pertaining" rto/the next subsequent "fiscal year, $660,965; miscellaneous
values
-
6 issued, the following
received ;as to the coverage of the
"Preliminary earnings indicate that the
5,749,268
current, liabilities,
deposit and on" hand, $1,109,584; accounts receivable
:(less reserve for losses of $28,776); $2,414,438; notes receivable, $45,004; inventories, $3,111,522; sugar manufacturing costs and other costs
and decline in
'
)
dividend
counts
on
dn.vestmeute^—at cost, (less reserve for losses
$1,390,523
"
1
.
,
$120,000;
$944,473
478,833
v
•
,
,
the
profit from operat.
before prov. for depr.
Other income, interest,
royalties, etc.
;
1,606,897
1,710,274
5,448,142
;
(subsidiaries, etc), $504,in banks (on demand); ;"$9,372,665; guarantee deposit,
accounts receivable, $400,337; interest and dividends receiv¬
able
(subsidiaries), $1,735,033;
other current assets, $119;283;
un¬
amortized debt discount and expense, $6,534,478; other deferred charges,
$9,944; total, $522,518,295.
;
; .
•
' *
? /
352,527
$1;371,558
;616,943
.
'
of
;,
Assets—Investment securities and advances
226,555;
Net
:
"
to' |inquiries
Net
$2,893,394 $12,569,644 $10,926,762
debt
V;
„—
1939 ,
44,079,000
,
American Window Glass Co.—Annual Report—
1,013,981
598,858
v,/.-
expense.^
——
tlncludes New Year's.-
Thompson,, .President, on Jan.
-for
coverage
Total
Total
Interest,
42,574,000
1940
53,526,000
has-been fully, earned on an alone or corporate
year -1942.'. Consolidated earnings
will also show' full
preferred, dividend.
The same is true also for the West
Penn Electric; preferred stock dividends,and the class A dividend:".,
The' yearly reports for these companies, including audited figures",
will be released at the usual time in March.—V. 157, p. 5.
basis
;
V
1942—12 Mos.—1941
$2,705,108 $11,970,786
118,938
:
Exp.
& other charges,
including taxes ——
discount
:■
..
Years Ended Aug.
;
1941
60,199,000
46,947,000
47,564,000
Schurman, President of the National Bag Corp., 271
New York, has been elected a member of the board
/•;"...
■,
/- •/
response
preferred
,
Foreign
*
American
1942—3 Mos.—1941
subsidiaries-
from
equity
s£|tes currency).
•'':/ Total:;'•' 1 u-i-
200,162
$1,553,964
163,639
Inc.
1942
preferred dividend for <i942:
in jncome.of subsidiaries (not all of which is avail¬
Account
Income
tNet
or ?
Inc.,
in United
.
$1,723,768
86,361,026
$5,743,976
applicable to the respective periods,
requirements
unearned;-
earned
50,129,000
Preferred Dividend Earned in 1942—
$2,019,683
Co.,
56,222,000
56,160,000
55,439,000
;'
':
1938
,
Madison Avenue,
directors.
of
$3,368,254
dividend
whether
Power
62,722,000
sNew Director Elected—
1,606.897
ment.
57,990
1939
72,666,000
Christmas.;
'V ::
•
1940
60,839,000
1943
:
electric- energy , for "the last
".'.'v'
1941
Dec.
$3,739,344 $13,519,442 $13,100,141
188,286
•■.V/.""''
73,316,000
73,792,000
66,901,000
78,296,000
*Dec.
$12,920,584 $12,086,160
598,858
1.013,981
de-
&
Weekly output of
; k
1942
12
Dec.
$3,551,058 $12,920,584 $12,086,160
425,526
Balance
^
■
■
Comparative, table ,of
years follows;
;
amort,
disct.
'
Week End.—
$3,551,058
—
public &
2/ 1943, totaled.;72,928,000 kwh., an increase
output of 72,665,800 kwh, for the corresponding
the
five
"
$7,359,342
$9,954,951
$9,884,915 $10,012,942
7,729,045
7,857,796
income
•
ended Jan.
over
of 1942.
week
George
$2,348,802
profit from operations-.—/—
.
Output of electric energy of the' electric, properties- of this Company
to in-,
other
$2,385,259
Net
:
Dividend—
company on Dec. 31 paid a dividend of $12. per share, ori the
stock to holders of • record Dec. 28..
This compares with- $4
for. the week
159,404
240,927
$3,674,342
11.8,938
—Lit
&
terest
profit from operations
Administrative & gen. office exp.__
Other
p. 5.
American Water Works & Electric Co., Inc.—Output-^-
;
Br9,857
T
,
.
;$3,674,842
Bal! applicable
$1,439,764
114,200
,
157,
.
$13,161,511 $12,245,564
152,689
171,080
-
Exps, & other charges,
including taxes
_
$2,155,146
193,656
Gross
9,634,254
paid on Sept. 30, 1942, and $1 each 011 April 1 and-» June -30, .1942.
Payments during 1941 were as follows:
April l, $1; July 1 and Oct. 1,
$3 each,, And Dec/29, $18.—V. 156; p. 1203.
•
2,050,525
$13,174,253 $12,255,421
;
$3,703,747
above—
as
$2,155,869
229,390
■
2,781,020
10,675,460
,
<
common
mi-
to
of comincome of
profit from sugar sales
from auxiliary operations-
Income
$3,846,855
Drl43,108
Period End. Sept. 30—
Gross
2,094,485
508,259
40,391
Total
—-
—'
707,117
370;121
25,344
American Steamship Co.—Pays $12
' 1,995,657
$3,793,780"
equity
\
■''
_
earned
$15,268,738 $14,306,046
v.
■
V
subsidiaries
—
.
" 1,819,983
474,675
534,843 v
.
on
(net)
Other income
Sept. 30—
sales
686,921
338,179
"
.'4,916
•
5,587,710
631,532
■
1942
1941
/ 1940
$13,208,417 $13,874,958 $10,901,953
Federal excise tax on sugar—-,., - 1,239,451
1,484,971
1,253,418
Sugar marketing expense.——.
2,154,052
.2,435,036
2,289,193
Sugar
etc.,: deducts./.
95,811
75,387
•
4,853-
!v "i '"Full dividend requirements applicable to respective periods, whether
American & Foreign Power Co., Inc.
Net
Amalgamated Sugar Co.—Annual Report—
(Including Beet Growers Credit Corp.)
870,752
$4,355,114
-
$3,845,922
applic.
tNet
'
:
..
r
394,431
372,528
21,277
2,833,132
1,807,302
135,374
•
Balance
$4,829,789 $17,088,721 $16,301,703
$3,805,531
nority interests
.
Gardner: On Jan. 6 petitioned the interstate Commerce
to ratify his appointment as trustee of this company and
,to fix his maximum limit for compensation.
He has been a member
the law firm of Gardner, Carton & Douglas of Chicago since 1934.—
p. 5.
public„_"
to
Balance
Portion
Alton RR.—Trustee Seeks Approval of Appointment—
.A 157,
.Interest,
21,190
26,222
335,171
•427,246
$4,340,374
working capital
Henry A.
Commission
-
'
taxes
The
deductions—
pany
.
65,606
13,255,622
.
2,690,533
72,336
\
"Federal taxe.s
$4,494,618 $16,217,969 $15,670,171
$4,767,620
Balance
;
of bonds outstanding, compared with $69,701,000 a year
It reported outstanding $24,496,000 bonds due in 1944; $21,due in 1949, and $19,137,000 due in 1950. all bearing 5%
coupons.—-V.
.66,448
14,190,124
20,368;
6,487,199
„
Expenses„l.j„_-/.„/
.
public,
Balance
divs.
'5.402
*
320,635
—
to
;
/
$4,446,985
income -(net)
Gross income
•
$65,294,000
661.000
16,984
;
:
Total
$4,500,020 $16,244,191 $15,601,361
$4,454,272
7,287
Exchange
.earlier.
13,190,016
14.134,676 '13,190,016
•2,870,165
$118,838
Alleghany Corp.—Outstanding Bonds Reduced—
The corporation on Jan. 8 reported that as of Dec;*1)1, last, it;
;
V ^470,215'
equity,,
Qther income,
(net)
-
?>'■:-v-v'/
/
(Net',
•'
Net oper., revenues
for lease of plants
•.
"Pref,
taxes_»-/.-i,-----,--!:i_l---
Federal and State
before
154,- p.
,;."•
Rent
Earnings' for'the Nine Months Ended Sept. 20, -1942
;
6,470,215
^American Power & Light Co.—
/
'
subsidiaries
Other
etc.,
Airplane & Marine Instruments, Inc.—Earnings1—
>
^
Subs.)
(&
Inc.
CO.;
Period End. 8ept.'3Q-k/ 1942—r3'Mos.—1941
1942—12 Mos.—1941Operating revenues _U $16,656,429 $14,955,235 $62,915,420 $57,783,224
Oper. exp., incl. taxes„
10,887,592
9,336,727
41,171,354, 36,960,909
Fiop: retire, res. approp; " 1,314,565
1,118,488
5,499,875
J 5,130,954
,
,
Foreign ; Power
; •
LiabilUies-*Advances, by ,: Commercial Credit Corp., $174,893;, notes
payable to stockholders, unsecured, $47,933; accounts payable,' trade;
$477,240;"accrued salaries and "wages,, $118,524; accrued
royalties;
taxes, interest, etc,, $99,770; amount payable in monthly instalments
within year'under purchase obligations, $107,737; customers advances
-.on sales Orders, $322,678; reserve for Federal and State income taxes,
$462,000;
non-current
liabilities,' $180,895;preferred
stock,
54c
'cumulativeconvertible (56,238 shares, par $5, stated at $7 each), $393,666; common stock (526,143 shares, par 50 cents), $277,982; paid in
surplus, $522,807; earned surplus, $47,560; total, $3,233,685.-—V. 156,
p. 2003.
>//.!
\
&
'(Excluding Chinese Subsidiaries).
Corp.,' $237355; receivable from officers and employees, -$3,6675 'inven¬
tories, $1,193,330; property, plant and equipment; (less reserves for
(depreciation
and
amortization,
of $218,917-), -$1,004,152; .- deferred
•charges,*$192,086;r total, $3,233,685; ? /
,-v--',>
,
hf
■
American
received in May/4942, , $10,000;- unassigned trade
- $303,598;; - receivable- - from
Commercial " Credit
■trom trust deed loan,
District
Judge Frank
Western-Division of
an
Of
order
this
at
company
Nicodemus,
Jr.,
as
L.
Kloeb
the Western
of the U. S. District Court for the
District of Ohio on Dec. 31 entered
the receivership proceedings
releasing Normal! B. Pitcairn and Frank C:
receivers. The order further' directs the receivers
Toledo.
and
Ohio,
terminating
.THE COMMERCIAL & FINANCIAL CHRONICLE
126
properties
Jan.
Ann Arbor
mencing
The
,
the
off
of
all
the
■
•
Effective
.into
.
.
mortgage bonds.
No default exists
of 4% per annum having been
paid throughout the receivership, and this issue of bonds maturing
in
July,
1995,
will remain undisturbed.
All of the improvement
and extension mortgage bonds, which have been in default through¬
out
the
receivership, will be reacquired by
the company and the
release
and
discharge
of this second mortgage
will proceed as
expeditiously as possible.
In addition to the first mortgage bonds,
'the company's capitalization will consist of an issue of $4,000,000
5%
non-cumulative
preferred stock and $3,250,000 common stock.
Other than the fixed interest on the first mortgage bonds of $280,000
.per annum,
the company has rents for leased road and equipment
first
interest
the
mortgage,
$25,000 per annum, making its total annual fixed
approximately $305,000.
In 1940 the fixed charges ' were
times and in 1941 2,24 times.
'■
All
officers, employees and agents of .the receivers will continue
in their respective positions, unless otherwise notified.
At a meeting of the Executive Committee held
in St. Louis, Mo.,
Norman B. Pitcairn, President of the Wabash, was eleoted
President
of
The
Ann
Arbor RR.
Co.
The Vice-Presidents elected were ' as
.follows-.
N.
S.
Brown:
A. K., Atkinson, ,in
charge of finance and
'accounting;' G. G. Early, in charge of traffic, and G. H. Sido, in
(of
and
operations.
of
offices of. the
executive
The
in
will,
company
Mo.—V. 157, p. 6.
Louis,
St.
•
>'* ,
heretofore, be located
as
*
•'
.?
-
.
-
1942 the
50 cents,
1942—Month—1941'
Period End. Nov. 30—
expenses
'Federal
Other
taxes
395,006
—
Crl51,238
__—
taxes
71.210
—
1942—12 Mos.—1941
Net
1,290,000
1,281,000
revenues—
$430,449
$508,195
$3,194,666
paid
(net)—-
Drl76,987
1.264
16,965
June 27,
on
155,
inc.
from
Gross
from
Net
Net
last: .$2.50
,
o,n
1942
railway^--—
'
Net
*
2211)36
*225,087
November—
from
1942
\
ry.
railway'—!—
"shares of
Gross
$0.11
income taxes.
the
Net
*
$167,037
$153,280
61,755
35,036
20.556
5,055
*3,792
'
ill
and
1942
taxes amounted
156,
1941.—V.
in
$309,782
income
156,
p.
also
Mr.
1,742,120
1,662,222
654,161
280,233
254,940
577,080
222,170
10,418
*11,058
2,258,758
3,576,880
.
.
elected
is
of
a
the
*'
Mutual
'
YI ;,'Y
sales
1942
•
-
After
$3,200,573
time
Life
155,
Current
.liabilities
•respectively,
before
Electric Co.—Simplification—
Associated
$1,934,093
669.533
693,177
679,692
532,535
...$371,480
253,041
$230,428
$14,115
rentals,
other
discts.
R.
$412,798
5notes
fund
of
Amort,
exp.
eration
is
D. Gordon Rupe Jr., all of Dallas, Tex.
$3,000,000, subject to certain adjustments.
be
to
Commission
Consid¬
Louisiana
to its parent company of
1,010 shares of capital stock of AHaiVic
Utility Service Corp., an affiliated service company now in liquida¬
tion, for the consideration of $1.
"
Y ;
»
'•'
The Commission's findings state that the proposed purchasers of the
Louisiana property state that they will finance the purchase through
insurance companies and banks,
and that none of the securities of
the company is to be sold to the public,
The Commission ruled that prior to or contemporaneously with the
sale by Associated Electric of its interests in Louisiana the accounts
of the latter shall be adjusted to eliminate write-ups in the manner
agreed
to
by
the
respective companies.
Further,
that Associated
shall, after such sale, adjust its investment and surplus accounts. 7
the
At
time
same
the
approved
sale
by
the
38,796
43,001
41,108
9,620
on
1,948
2,500
30,000
$226,521
$183,519
52,127
52,127
stock—
Earns,
Allowed to Buy
due
SEC
on
Dec.
permitted
$3,602,000
68,952
69,953
shart-i
$1.26
$0.95
'ture and
9,087
the
of
to buy .for $1,548„860
bonds, refunding series,
company
its
4Va "f
1956, from the Metropolitan Edison Co. of Pa.
The transac¬
already had been approved by the Pennsylvania P. U. Commission.
SEC stipulated that the Metropolitan Edison's proceeds be used
only to redeem first mortgage bonds and that Associated Electric keep
purchased
bonds
Associated
The
trustees
ended Jan.
was
or
in
its
•
treasury
pending
further
1
Electric Co.—Weekly
&
Associated Gas
net electric
126,908.627
7.9 '/r.
Gas
of
units
&
$179,370 def.$12.508
—52,127 —
This
is
an
increase
above production of 117,621,492 units
a
year
of
9,287,135
Gas
&
Electric
in
Sheet
June
30,
',!
The
the
13,
.denied
1943.
Dec.
AGECORP
and
30
certain
units
by
in
the
Philippine
Islands
was
requested
Associated
order
these
properties
that Manila Electric Co., Escudero Service Co
Investing Corp. be stricken from the divest¬
the SEC on Aug. 13, 1942, on the ground that
now presumed to be in the hands of the
Japanese
Utilities
issued
ment
by
are
AGECORP
contended that it will be impossible for it to
dispose of
companies within the allotted time.
"Such a plea Is relevant to the time of and not
to the necessity
of
disposition," the Commission's supplemental findings and order
stated.
"Obviously the trustees, under present circumstances cannot
these
dirpose of tneir interests in the Philippine properties on a proper basis'
We have no hesitancy in saying that should these same or
similar facts
obtain at the expiration of the one-vear period we
would grant an
extension
under
•
Section
11
(c»
of
the
Act
so
far
as
the
Philippine
$203,018
$208,298
'
,13,703
3,468
$91,644
$22,097
114,256
55,959
15,367
6,584
$152,339
$76,276
$15,513
71,150
81,312
50,821
10,165
.
bank,
of
$5,571;
$50,000;
cost
checking
trade
A
$115,282;
accounts In bank,
receivables,
market),
or
prepaid
$455,165;
$209,870; inventories
investments, $68 378;
real estate,
building,?
for depreciation of $143,481),
depreciation of $3,492), $26,390;
$209,881;
$10,116;
expenses,
reserves
for
goodwill,
f ")
Ohio
&
RR.—Appointments—
Campbell,
for
who
last
the
has
five
Omer
S.
Lewis,
Groninger,
St, .Louis
Coal
been
;
/
,
Traffic
been
has
years,
who
who
has
the
last
for
Manager,
and
D.
at
retired
been
the
General
five
John
Manager
promoted
close
of
Freight
H.. Hague,
who
to
the
year.-/
r
Agent of the
Campbell
succeeded
years,
Mr.
General
has been
C., went to St. Louis
\V:v:
loadings Increased in
the
in
same
.
1942—
/--/'v
;
'
,
this road during the year
1942 totaled 3,421.615,
line and 1,354,894 received from
on
V '-.Years Ended—
Net
':.! .'.!•;1
of sales and all
*Cost
for
Provision
and
made up of- 2,144,580
connections. /' ■•■':
-
from
Carloads
of
showing
1942,
16,887
when
Dec.
and
•1930
the
received
depreciation-.————-—
—
129,234,446
16,796.610
,,
261
total
the
Net
profit—;
Additions
$1,406,513
$4,096,041"-
profits taxes (est:')__
•
+2,911,646
•
450,000
$1,184,395
,
—
income—
to
ii 193,967 :Y...
tax
total
line
from
"
For
totaled (51.086,
from
the
over
33,657
with
loaded
previous week
consisting of 27,990
During
the
week
and
line
(the
week
loaded
on
week of
and 17,776
same
line
loaded on
connec¬
same
on
the
connections.
157,
-1943,
received
22,232
handled
comprising 36,283
from collections.—V.
the
and
.
Jan/ 2,
and
cars
53,323,
was
!
•
542
During
1,112,502 received
''
line
on
ended
connections.
54,059,
Transit
t
'
Period End. Nov. 30—
Operating
'.••„ ■-•■•
p.
Baltimore Coach Co.) -A
expenses
$1,879,801
:
.
•;
1942—11 Mos:—1941 /
$13,362,532
Net
258,000
'
1,358.733 .'
$521,068
revenue
oper,
$1,289,617 $18,709:903
r
973,167
13,914,864
10,482,412
$316,450
$4,795,039
$2,880,119
330,299 !" " 176,501
'-r—'
3,344,425
1,623,443
$139,949
$1,450,614
$1,256,676
$958,513
576,000
.
settlement———
Co.—Earnings—
1942—Month—1941
revenues
Taxes
Process
loaded
50,544,
Y.'/Y(Including
■
2,000
$1,378,362
————
Dividends
of
connections.
The
$956,513
;.,
Total income for'yearYY—Y'i--.
\
on
from
handled, consisting of 1,655,579
total for-the year 1930 wab
cars
week
was
received
of
total
Baltimore
;.
404,261
468,394
—JY—
and
loaded
from
25,333
the
for: the
increase
an
received
ended
-,
handled
of 28,854
consisting
tions,
July,31, '42 July 26, '41
—1
income
received
2,562,593
907,014 received.
Operating
for
'Provision
1,100,693
was
line and
on
$33,798,880 $18,607,385
.
operating,expenses-
Operating profit
.'
'7. 77
income__.___i.__
and other
sales
line
on
1940 the total
3,257,082,
,!'
79,508
•
Y "
— -7--
Operating income
Non-operating income--
\
$190,768
1,193
1,571
!
14.209
22,117
$1,464 823
$1,278,794
;
'
"
•
Balance
retained-J-/-—
$802,363
Capital and surplus at beginning of year__
interest
,9,054,195
$2.30
$1.59
>
^Includes $350,000 provision for pos¬
additional income taxes and other contingencies.
"
"
1
?Consists of liquidating dividend received on stock previously charged
off $21,870 (1941; $2,000); reinstatement as an asset stock previously
f
$16,973.
:
•'
"*
Balance Sheet As At July 31,'1942
■
Assets—Cash
sundry
hand
on
$119,475;
Fixed
$9,675,199
—V.
and
accounts
in
banks,
receivable,
$2,635;394;v war
$4,487,447;
V
taxes,
$53,173;
capital
reserve
and
$.10,477,562;
.
V.
bonds-and
$5,931,-
(represented
by
600,000 .shares
154,
p.
30
cents
declared
an
extra
1590.'.
dividend
share
per
has
been declared
on
the common
were
156,
»l
1737.
p.
Baxter Laundries
The
of
issue
•
common
YY
.
stock);
•,
"
of
Oct.
on
.011
record
Dec.
1942,
10,
Arrearages as at Nov.
V.
■\
156,
p.
of
10
cents
per
share
the usual semi-annual dividend of
10' cents per-share'on the
capital stock, par S5, both payable Feb. 15 to holders'-of record Feb.' ItLike amounts were disbursed on Feb. 16 and Aug. 15, last.—V. 156,
Corp.—Accumulated Dividend—
Dec. 28 paid a dividend of-$2 per share on account
the $4 cumulative preferred stock, par $50, to
26,
A similar distribution was made on this
company on
accumulations
holders
$317,639; miscellaneous .reserves,
additional Federal taxes; etc;, $350,000;
$17,154,744.—V,
directors have
62.660
.
$1,216,134
inventories,
Baltimore American.Insurance Co.—Extra Dividend—
The
;
par.
2,
and
on
1942,
May
were
15,
July
19
and
18,
Dec:
said to amount to $5
per
1941,
share.—
1322.
Beatrice Creamery Co. (& Subs.)— Earnings—
*
1942—3 Mos.—1941
Period End. Nov. 30—
•
$1,402,611
$25, payable Feb. 1 to holders of-record Jan. 11.
Likq
paid each quarter from Feb.-1, 1938, to and including
Aug. 1, 1942, while on Nov. 2, 1942, a payment of 20 cents was made,
•which was followed by a dividend of 10 cents per share on Dec. 1, 1942.
other accruals,
possible
for
surplus
total,
62,212
$134,928
2095.
dividend of
amounts
investments,
$183,533;
156, p.
atock,
Liabilities—^^Accounts payable, $649,664; notes, payable, $3,000,000; in7
come and profits
taxes (less U. S. tax notes of $401,524), $2,123,173;
other
6,593
$186,368
income
Bangor Hydro-Electric Co.—30-cent Dividend—
A
;
etc., $302,548; deferred accounts receivable,
etc., $172,538; land, buildings, equipment, etc. (less reserve for depre¬
ciation
of
$7,561,693), $3,432,323;
prepaid
expenses,»$73,544; "total,
$17,154,744.
•
•. „ ;
,477;
•
5,593
charges
Net
$141,521
$191,961
and-general-~and -administrative .expense..,-tOn
600,000 shares of common stock.
sible
9,675,199
$10,477,562
/
Capital and surplus at end of year„_____,
tEarnings per shares-
Gross income
$621,005
SEC.
the
located
1
.
line
stamps,
request of the trustees of the corporation for an order to strike
list of companies of which they must divest
themselves by
from
Aug.
>
Avoiuiale Mills, Sylacauga, Ala.- -Earnings—
Philippines—Property Divestment by Next Aug. 13 Will
Stand—
loaded
payable, $141,224;! accrued expenses,' $216,110';
sinking fund deposit due Nov; 1,- 1942, $75,419; 10-year sinking fund
:5% notes,.due June 1, 1947r $649,661; preferred stock f$25 par), $868,750; common stock ($5 par), $689,525; paid-in surplus, $647,234; earned
'surplus,.$866,019; total, $4,153,941.—V. 156, = p. 953. ■
• ■: •'•
units,
on
25,500
consisting of 2,660,721 cars loaded on
/connections. This .was an increase of 308,561 over the year 1941, when
.the total number of cars handled was 3,113,054, eomprislng 2,012,361
194'}
Liabilities—Accounts
♦Including
Plea
$18,629
25,401
hand,
on
Carloads handled
— —
for the .current year amounted to $73,296.
$74,502; patents; $1; total, $4,153,941.
ago.—V. 157, p. 6.
Corp.—Loses
$77,941
,
Traffic
Car
Nil
cost!of;manufac-
charged off, $155,124; adjustment of 1941 income taxes,
Associated
$182,798
55,162
—- $0.92
in
Coal
loaded
Output—
Corp. report for the week
output of the Associated Gas & Electric group
(kwh.t.
170,050
$177,617
Freight Agent in Washington,
capacity.-f—. '/-■■'■
52,127
_
included
M.
at
.year
,
orders.—
Electric
$1.88,670
185,232
taxes,
Murray
road
Clark
B&O
Assets—Cash, $989,332; receivables (substantially all due within one
$549,822; inventories, priced at the lower of cost or market,
6.
p.
$263,173
246,147
(net)
lower
at
succeeds
He
year),,
-
157,
provision Tor depreciation
expenses
$428,945
1939
Consolidated Balance Sheet, Sept. 30
this
$1,518,146; investments, ,.$5,760; plant and equipment ■(less deprecia¬
tion of $623,979), $1,016,378;. prepaid expenses and .deferred:charges,
tion
the
com.
913,008
•.
*
in
The
V.
per
Note—The
Own Bonds from Another Company—
30
interest
accrued
com.
$1,101,687
1,025,658
the
position of General Freight Traffic Manager,
according' to an an¬
nouncement
made
by Golder Shumate, Vice-President in charge of
freight traffic.
Mr;
Campbell's promotion, became effective Jan. 1*
10,198
4,215
55,000
profit ——'•'
6Y pfd. stk—Y
Divs.
1940
$1,288,831
252,355
paid
George
46,667
3,088
9,393
tax
on
H
The
■'*
•
$88,762
Baltimore
$46)857
$263,938;
135,000
w—--
inc.
Fed.
for
-
&
10-yr.
sink
notes._„—__
•
5r/c
expenses
Net
,
plus
-
1941
—
charges and
equipment (less
•of
:
discount
on
Other
YI7/-I;Y Y'
and
$394
32,742
33,510
$292,929
step
Ritchie
A.
,
$708 492;
year,
contingencies,
•."
profit—
Y—.^,
.Interest on- 10-yr^ sink.
..
in simplification of the system the SEC has ap¬
proved -the sale by the company without competitive bidding of. its
entire interest In Louisiana Public Utilities Co., Inc., to G. C, Hyde,
another
As
tax
payable (borrowed money), $25,000;. accounts pay¬
able (trade creditors), $87,766; dividends payable (paid Oct. 2, 1942),
$10,164;
accrued
payrolls and commissions, $34,609;
accrued
taxes
'(other than income taxesi, $15,658; accrued sundry expenses. $4,078;
accrued Federal
income and
profits taxes, $114,598; common stock
.(81,311 no par shares), $405,555; paid-in surplus, $134,451;
earned
surplus, $317,773; total,, $1,150,653.—V. 154, p. 1590.
—
1,926,467 .,1,387,443
2,254,355
Balance
.
Federal
Liabilities—Notes
2,532,181
opers._
30.
Nov.
on
and
1,428,645
tax—
deposits in
/priced
,
Company reports contract work en hand amounts to $13,087,086 and
outlook continues satisfactory.—V. 156, p. 2187.
• Y\>-.
', !
/
.
one
$429,972
deferred
''1939
$2)836,587
•
income
Assets—Cash
,
admin,
&
39,888
1941
$1,558,373
Federal and State Income taxes.
assets as of Nov! 30 amounted to $6,028,280 and current
were
$2,262,041, comparing with $3,731,447 and. $1,386,897,
but
charges,
depre*
&
patents (less reserves
•$1; total, $1,150,653.
1940
41,318
Y-Y
.■/,/
for
$1,857,590
income
'
and
1941
.
$3,573,193.
——.
sales--—•
Divs.
♦Profit
*
///
!
receivable,
(less, reserves
within
due
1942
expenses
before
inc.
r
•',■••
'
income-—
to $408,425
1942
$2,311,217
■'•
assets,
$2.33
194;}
accounts
1.447,400
,
income
Dividends
He
Co.
Insurance
York State .Banking Board,
trustee of the Title Guarantee & Trust Co. and the
New
County Trust Co., and. is also a director ol the Guardian
Co.
of
America,
and Savings Banks Trust Co.—V.
.Net
Net
Net
(B. F.) Avery & Sons Co.- -Earnings— Y/;
■
taxes
profit,—!
Incidental
Savings Bank of Brooklyn,
Dime
Atlantic
the
member of the
a
2273.'
Prov.
Corp.—Earnings—
30,
$1,877,364
delivery, admin.
Federal
President, of
trustee
a
appointed
Benson
Kings
•
profits
Sept! 30-
general, etc.,
„Y"
Insurance
p.
excess
sales...
Gross
as
Arundel
11 Months Ended Nov. 30—
fixed
payable—amount
Operating Income
2303.
p.
Benson,
A.
been
was
1857.
period
June
$56,383;
.
of
Sell.,
,
;
•
1,481.844
.income-,--
Deficit.—V.
23,040
30,140
1
.•
railway--
oper.
ry,
fund.
weeks'
40
$379,124;
Sheet,
hands,
on
1939
1940
.
$219,059
income.
oper.
from, railway-—..
from
Net
stock,
common
Note—For
1941
.
183,056
„
Net
$125,039
$204,635
$0.51 •
.$0.90
tOn the 200,000
$31,324
profit———.
$13,753
pen com, - share
$0.03
charges and provision for
*After
Balance
and
sales'
Cost
$336,598
railway.
from
and
"Net
banks
in
shares)—IIIIIIIHII
share (142,265
Backstay Welt Co. {& Subs.)—Earnings—
$947,(
Oct. 10, '42 Oct, 4, '41
97^000
$339 261
and amortization of $4,174,189), $3,867,498;
unde¬
lands, $759,430; prepaid expenses and deferred charges.
other assets, $74,223; total, $5,574,186. •
Years End,
•
Gross
Interest,
•tEarns.
,
West Point RR.- -Earnings-
Atlanta
*
y" Net prof,' from
Oct. 4. '41
-----—I—II_IIIIIII,
year.'—:
814,872; earned surplus, $737,293; total, $5,574,186".'—V, 155, p. 635.'
•Net
Corp.—Earnings—
Oct. 10, '42
s'877
147'000
101000
731; accrued other taxes, $105,317; accrued interest, $18,754; coal land
•purchase contracts, developed property, $32,702; notes payable—due
■more than one year, $915,086; coal land purchase
contracts, developed
•property, (net), $49,883; funded debt, $289,531; reserve for contingent
.ties, $61,624; common stock (par $1), $142,265; paid-in surplus, $1,-
*82,481
$324,894
Period Ended—
the
Liabilities—Notes
*19,993
..
ry.. oper. income— *
389,807
Deficit.—V. 156, p. 2004.
ship.
-40 Weeks-
114936
418,331
of
-16 Weeks-
143 629
289 624
depletion
3,185,059
Cost
Artloom
/_
_____
coal
-■
.
expenses
'
*10,266
.
286,-117
Sell.,
Y/. /.V
for
per common
$326,893;
19,624
36,540
'
*14,486
3,135,566
949,265
■
47,95
—.1—,_IIIIIIIII~
____
contingencies
veloped
$277,253
$298,193
-69,001,
.-955,123
1,897.253
" >
tax
;ciation,
,1939 'J
4,269.931
$3,880,447
.
—:
depreciation,
income
'income- and
1,415,992
949,265
:V. V
'
$1,238,334
depletion—
$110,635;. inventories,
v-
.
,
-•1940
—
$374,651
■
:
*19,351
••<•1
railway
1,274,159
2187,.'. ' '
$1,490 38
—
'Consolidated
5,442,494
from
Net
$3,2il,631
1.56, p.
for
for
Earnings
of $1.50
1.941
-
-.
$577,615
railway-—
from
.Gross
;—-a—.—— -
Balance
—V.
Net
18.
Dec.
.13.0,301
.
income__i
From Jan. 1—
•
344,516
period
to preferred stocks for
—-
•
3,078,443
IIIIIIII''
——
deductions
Federal
per share on the
This compares "with $1
Dec. 19, 1941, and $1.50 on June 26',
" "// '
' YY
.
.
railway——
oper,
ry.
$509,459
charges-
a! dividend
23 paid
2452.'
p.
November—
92,144
after
1943
$4,268,832
,
•
Atlanta Birmingham & Coast RR.—Earnings.'
$253,462
income
Gross
merged
will be
30,
expenses—
accounts-payable and accrued expenses, $253,637;'provision for Federal
11.351
Dividends applic.
"carriers
Buffalo, N. Y.
Inc.,
holders' of -record-
-
Years End. June 30—
Net
motor
Co.—Pays $1.50 Dividend—■■■*
on'Dec!.
stock- to
1941.—V.
$3,869,096
income
Transportation Lines,
Athol Mfg.
Philip
114,000
Other
Eastern
three
The. companies are: McCarthy, Freight System,
Consolidated Motor Lines. Inc., Hartford,, Conn/,1
Mass.:
The. company
has
Cr72,000
oper.
1943,
Sub.)— Earn*
June
'
IIIIIIY
Provision for amortization of
development"costs:YII-IYY
Federal normal income tax and .surtax.
—.—.—I "
•Federal excess profits tax
!
!
I—1"_
companies already in the system", Associated Transport
3,500 vehicles and 24,000 miles of unduplicated route
from the Canadian border to Cleveland, Pittsburgh, Nash-
coinmon
'
retire, res, appvop.
Prop,
1,
Ended
operations.----
profit
Provision
Atlantic Mutual Insurance Co.—New Trustee—
$1,323,964 $12,339,207 $12,770,146
544,080
5,530,807
5,234.509
85,459
1,478,904
1,495,278
77,230
844,830
890,263
$673,427
revenues,
from
Assets—Cash
Co.—Earnings—
& Light
Arkansas Power
Jan.
From Jan. 1—
been declared on the common
cents per share has
payable Jan. 20 to holders of record Jan. 10.
During
•following payments were made:
Feb. 16, 25 cents; June 30,
and Oct. 16, 25 cents.-—V, 156, p. 1322.
Operating
Other
Expansion—
Transport, Inc.—Further
selling and administrative
Income
Total
have
extending
;
stock,
Operating
Utilities
Other
list which
Properties
(&
Y
Year
—_Y-Y--'
of sales,
Profit
4
Corp.
,
Statement,
sales
Cost
wille, New Orleans and tue Gulf of Mexico.—V. 156, p. 2187,
Net
Co.—-To Pay 25-Cent Dividend—
of 25
dividend
A
.:
companies jto the
Co.
and Railway
following
Income
the
will
Net
Apponaug
the
Tri-City
corporation.
Moran
M.
With
1.5
charge
Net
6.
p.
Taunton,
now.
approximately
'
this
Inc.,
charges
earned
added
Collieries
■
Provision
has
outstanding
first
the
157,
Associated
not been paid off the company has reacquire)!
indebtedness ' with
the single exception of an issue of
$7,000,000
in
'
also
divested:
Patoka
Consolidated
.
order
be
Corp.—V.
Arbor and the receivers thereof have
allowed against the estate, and to the extent
claims as
indebtedness
be
Co.
The
the Ann
program,
all
Under
paid
.the
Ayrshire
ings—
the
taking over thereof by a new company.
•the
Gas
must
the
and
ad.'-,
.
...
,
receivership has been effected without
lines of railroad and other properties aie
restored
to the former, The
Ann Arbor RR. Co., without resorting
to
the usual foreclosure proceedings and sale of the properties, ancl
of
culmination
The
reorganization,
the
expiration.of
the
at
not
stricken from the list of companies with which the
trustees
are
required to sever all direct and indirect, relationships:
Canadian Power Corp., York Railways Co., and New Jersey Northern
companies
up its
& Southern
restored -to
,
>
if
Further,
period
would
the same or similar facts continue to obtain the Com¬
apply to a court for enforcement of its order."
In its supplemental order the Commission ordered that, the following
wind
to
carrier
One
equity proceedings during the year 1942, the Norfolk
'Ry. Co. and Wabash Ry. Co, having been previously
corporate control.
[concerned.
are
ditional
Dec. 4, 1931, just three
parent Wabash Ry. Co. was
and the same receivers were
the date on which the
placed under jurisdiction of the court,
appointed for both companies.
The Ann Arbor
is the third Class
following
days
properties
mission
receivership on
into
went
the
for
their custody
1, 1943.
in
and control of all carrier
resumption of operation com¬
the possession
the company
to
surrender
to
•
Monday, January 11; 1943
1942—12 Mos.—1941
$28,19.1,2.62. $23,560,443. $99,112,492
Net.sales
*Net"
profit
iEarns. per
__
share
com.
325-061
$0,55
343.997
-
$0.60
1,664.973
.
$3.16
$81,794,880
.
tl,740.7.0$
$3.36
and
p.
159.
......
After
excess.
JOn
interest,
profits
381,866
•
and'provision for. Federal income and
after deducting post-wai'_ credit of 10%,
depreciation
taxes..
shaies
of
tAlso
common
stock.—V.
156,
p;
2033.
,
/Volume 157
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
Gross
Net
Net
<
$338,762
$218,053
$227,033
374,112
208,929
69,502
79,251)
Profit
37,234
142,376
14,168
23,391
Provision
6,900,955
3.323.796
2,504,579
3.746.227
1,533,907'
877,632
1,000,791
2,512,526
1,000.006
415.538
409,252
railway-.-;.
railway.
oper. income—
ry.
,
1942
Assets—Cash
1941
dividends
$28,329,132 $21,343,023'
$733,335
from
from
before
Federal
lax:.—..:
Federal
for
income
income
tax
746,889
298,756
—
-$448,133
$235,158
_•
441
464
'
from
railway-
from
Net
Net
rv.
—V,
railway
income—"
oper.
156,
2,253,383
Berkshire Fine Spinning
1
v
1
Sales
Income
*
.—
Other
income
——
—_
_
$37,771,888
—
_
at
close
of
period—.
Sheet,
«.
1942
Oct., 31,
Cost
income
gross
Net
of sales, oper.',. sell, and
*'
Loss
28,999,342
other adm< charges-———,
1J--—^. ,I■, .a, 103,
—Ly——;.y—
569,977
interest"paid■
.Depreciation
stock
without
disposal of plant assets———1,775
from
pfd.
Reserved
for
Provision
for
contingencies
taxes
and
income
on
—V.
525,000
adjustments--;^
..1.—
;1-
post-war
value),
par
156,
income
Total surplus
$5
Common
1,710,012.
170,000
stock—4^—--iit--I—>'-t-——
preferred"
Terminal
Co.—Plan
-■The
committee
of
l'
bondholders
of
of
Earnings
share
per common
Consolidated
$2,028,285;
marketable
investments
in
and
the
$69,607,*
and
properties
developed
correlated
to
comprising
water
Boston Woven Hose & Rubber CoYears Ended Aug. 31—:
1942
80,
Gross
railway,.,.^
386,294
See
\
payable,
or
:*;ion
for
and
$220,321;
taxes
$1,124,639;
Other
■
9,712,073
$774,103
income
Total
i
$778,604
34,291
48,611
——11
income
Other
(less
taxes
$5,080,464
for contingencies
S.
U.
taxes
212,596
7'■'<
cumulative
convertible
and
post
tax
Treasury
Surplus
notes),
adjustments,
war
stock
preferred
previous. year.
.Preferred
At
special
a
held
on
Dec.
.tion
of
the
change
The
Inc.
stock
Common
1942
corporation
Hecker
interest
wholly owned
bank
repayable
loans
in
with
years,
whole
of
The
-
for
Hecker
Best
Corp.,
■-Cash
was
to
U.
Corp.
to
Hecker.
of
Nov.
19,
rate
of
3%' per
over
Notes
Fixed
seven
1
Sept.
$356,744
'
stock
H.
&
Earns. After ——Dlvs. Paid To
Earns. Before
Inc. Taxes
$1,834,185
$1,327,700
;--
2,470,519
1,704,000
1939
1,925,007
1,667,739
1,182,150
'1,857,335
1,497,307
1,054,350
1941-
2,812,443
1,687,752
1,207,000
*2,843,475
*955,322
'479,250
1942
50,000
1,288,810
78,238
"After
2,169,752
40,106
since
that
date
further
no
-The Best Foods, Inc.,
•;
tive
Dec.
Best
31,
Foods,
1942,
Inc.,
67f,"
been
have
deemed
17,601
effective
Jan. 1,
1943.—V.
195,750
share
of
stock
common
Period Ended Nov; 30—
of
Maintenance
200,000
Bickford's,
of
Inc. .(New
6xk '/"\
"Net
Light
Amortization
4,300,000
Taxes
1,876,389
York),
1,783,591
"Provision for Federal
income
excess
Power
Ltd. ?(&
Co.,
;
shall
due
be
*
paid
1,845,224.
liquidating
29
Dec.
on
distributions
$42,544,117
$39,021,976
19,850,590
17,971,769
1,669,696
dividend,
were
amounting
of
$6.—V.
156,
2033.
p.
.follows;
as
$1.42
to
redorqf Dec.
Dec.
129, p. 2077.
'
.;■.
v
July
1941,
17,
$12;
22,
Jan.
$6,
Exchange at the same time suspended from dealings
mon. stock
(no par)
and $2.50 preference stock (no par)
ford's, Inc. (New York),;
:
Other
h'
exp._
.
$5,989,913
.2,035,170
Federal .tax—-i—'
for
See
Bickford's,
Inc.
(Maryland 1.—V.
155,
y Net
Birmingham Electric Co.
Period End. Nov, 30—
revenues
$864,204
Operating, expenses
556,373
Federal taxes
crl.037
67,288
Operating
•Other
taxes
$10,091,736
$8,773,330
6.245,477
"693,542
469,506
778.198
757.653
50,000
600,000
309
3,707
(defense-series G)*,
for prior
.v
114,158
;
Vwith> cancellation
other
482,889;
of: Government
and
Net
Other
oper.
$141,755.
$191,271
revenues—
income
(net)——
$1,770,812
$1,477,396
8,973
5,755
597
1,028
.
Liabilities'—Notes'payable
$1,645,359;
able,
accrued
Gross,
«
Int.
on
Other
-.Net
income
mtge.
int,
$192,299
income,
$142,352
$1,779,785
45,750
45,750
549,000
549,000
4,458
4,459
56,498
55,093
$142,091
'
bonds—_
&-deducts.^_
$92,143
$1,174,287
$879,058
*
•
,.
—■
:Dividends applicable to.pfd.
Balance
*<
1
"Includes
current
adjust
monthly
month
tax
be
and
period-.,^
for
the
adjustment
the
months
12
amount
a
429,174
of
31,
receivable
contractor
$540,070;
30,
for
inventories,
'
>'
to
Act. of
$49,il4
adjusted in the month of December.—V.
£>r$l,40S;
Bloomingdale
A
dividend of
20
Bros.,
157, p. 7.
cents
per
Inc.—r20-Cent
share
has
been
on
1942,
and
$258,078;^ Federal
$2,635,700;
p.
Burco, Inc.—Earaings—
Earnings
for
the
Year
1'5.
.
—,L
^
1
452,001
'
839,128
;*
1942—11 Mos.—1941
{J
-
22.414,905
17,145,450
$
20,207.692 232 340.753 200 241,838
15,006,465 189,347,375 159,375,052
5,269,455
of
42,993,378
40,866,786
.
(& Subs.)—Earnings—
1942 *
1941
$24,153,170 $23,439,028
allowances—
and
;
_12——————u.——
:
administrative
482,347
735,310
$23,670,823 $22,703,718
—-
——
credits
———
10,386,709
10,546,186
$13,284,114 $12,157,533
general
10,296,756
——— ——
9,516,606
$2,987,358
expenses—-.
income
operating
$2,640,92?
——
31,982
29,560
$3,019,340
:
————
deposit
on
Interest
prod¬
Other
$2,670,487
Federal
income
Dividends
1«>42
(1942,
less
of Canada
paid
inc.
*On
17,069
150,344
97,084
$1,578,049
$1,637,935
604.157
$2.56
in cash—
"Earnings per share
$35,768
295,794
post-war
and exc. profits taxes
the year_————
for
441
612,413
697,6Q5
tax
$25,731)
income
8,802
18,017
567,020
taxes
profits
excess
10,676
12,706
2,849
deductions
income
Federal
—
—
(net) applicable to non-operating prop.
•Expenses
'
.
I
income
credit,
30,
5,201,227
..
goods sold-——
Gross
of
-
Sept.
7.
p.
275,741
$2.66
615,157 shares of capital stock, including 11,000 Treasury shares.
xote—The
the
*
Profit
on
and
operations
loss
uLi
:
credits:— I———
:
.
.
bination
$18,699
——64
1942,
a
Net
income
Note—No
payable.
for
'
year.-—1
Federal
normal
income
or
excess
$18,764
;—
profits taxes
are
deemed
1
of
provision
taxes
for Federal taxes on income in 1942 is a
the Revenue Act of 1941, for the first
under
comr
nine
Act of 1942, which Act includes
the 90'r
tax on excess profits, for the last three months.
The above statement includes provision for depreciation of buildings,
•months,
common
Like amounts were
..paid on-April 25, 'July 25 and Oct. 24. last, whUe on Jan. 24,
payment of 27 V2 cents was made.—V. 156, p. 2138.
191-2—Month—1941
•'
■-
859,155
Ry.—Earnings—
V,,.
v
510.534
;■■' :.V--
Gross
•Income
payr
*
stock; payable Jan. 25*to holders of record Jan.
-'-/y
sales, less returns:.-—
Net
Ended
-■
1,300,719
1,426,706
;■
$434,338;
income
on
_'—1__
Total .expenses
Pacific
expenses
157,
and
-
■Gross'income.
796,408
.
earnings
Net
bonuses;
taxes
customers
1572.
692,909
,
profit on sales—_•——:
Advertising, selling, distributing,
and
inventory
total; $13,480,533 —V. 156,
54,893
93,232
■
•
Dividend—
declared
July"31,
post-war
income—>
''
Dominion
Profit
-
for
1,705,640
693.804
2034.
Net'-sales
'Cost
.*
$4,-
operating reserves, $23,002;
adjustments, plant rehabilitation, etc.,
$300,000;'capital -stock (par $12.50), $2,346,600; capital surplus, $76,575;
.earned surplus, $2,333,736;v"capital stock held in treasury (736 shares)
the
1942,
Revenue
the
ended
commissions,
$152,225
(net)-,
connection
in
to banks—Note C, "$495,000; accounts
wages,
etc.,
,v';
; k
ordered,* ""$2,933,554;*' miscellaneous
reserves
429,174
net over-provision of
by
the.year
uct^
salaries,
royalties;
■■"/;
1939
65.565
93,664
864,852
1,922.593
earnings
Gross
1942
$449,884
$49,114
ended Nov.
required
30, .1942, there remaiiied
$1,483,151
$745Tll3'
"
credit
pro-rata
to
^
^
$98,228
provisions
At Nov.
1942.
■to
stocks for
u-—t
.
taxes,
1940
$151,874
48,585
45,035
Years Ended Sept. 30—
:.f.
$8,936.
accounts
contract,
1941
$140,750
Canada Dry Ginger Ale, Inc.
.
$2,-
property, plant, and equipment (less
amortization of $1,650,718), $2,206,511;
and
,.■'.*•;,y':_
tvvt
basis
the
on
$615,407
profits taxes,
excess
July
prime
$912,811
profits
excess
-v*"
'7".
,
*r
Net
$127,283;
assets,
"for; depreciation
reserve
notes
from
recoverable
and
been made
have
2188.
p.
36,870
railway
oper.
Working
prepaid-insurance,;'taxes, ^etc,; $120,862; total, $13,480,533.
*
7
'•'
501,959
$788,369
•'/. 121,125
of
year
Balance Sheet,
$5,000;, trade
$2,908,121; *ramourtt
3,707
investments
Consolidated
'
.
156.
surtax
1942,
income—..
railway
156, p.
•Gross
Assets-^Cash,' including special deposit of $1,031,499 to" be used ex•.clusively :on Government-contact, $3,089,798; U. S, Government bonds
.
600,000
309
;
limited-term
of
:
.
5,465,068
56 426
50,000
Prop, retire, res. approp.
Amort,
$778,421
59,240
?.
ry.
Discounts
470.691
•
and excess" provision
072,900
1942—12 Mos.—1941.
1.117,102
'
Dividends-
-Earnings-
1942—Month—1941
2,236
$2 029,913
tax,
31,
60.003
Canadian
300,000
——r.„___
h -^Includes normal-tax, and surtax, $562,800;
Oct.
^
127,683
*2,626,764
2363,
p.
normal
ended
1942
oper.
$1,231,224
inventory- adjustment
etc. ———L—^'S:
income.-.^-—-—-
Federal
for
railway—$157,575
from
—v.
Bickfords, Inc. (N. Y.)—Merger—Stocks Exchanged—
Suspended from Dealings by Curb Exchange;—
■
%
,
•
postwar
Dr46,464
—1,038,841
railway
from
—V.
$1,103,541
198,560
Provision
ry.
Net
298,317
deductions
plant rehabitalation,
239,281
$2,027,67?
$2,244,220
months
from
Gross
$3,913,693
income-
10
from
Net
$3,615,376
-L_—l—
■1941
$2,932,910
* .1,587,989
241,380
309,367
Provision,
,
239,256
$2,290,684
From Jan. 1—
.
'7
the coinof Bick¬
111,670
$2,266,953
plant.-—..
November—
1,
The
390,660
157,160
profits tax_.
Income-
'the
Net
31'—'
income
699,804r
293,670
taxes.-—.
Cambria & Indiana RR.—Earnings—
liquidating
■
Operating profit
Total
7,270
645,129
income ' —$1,205,378
Gross
—
.
505.000
7,161
$2,529,940
of the 1942 Revenue Act.—V.
■■
etc.
electric
241,349
5*26,000
revenues^
of
273,020
262.715
—
investment.
.
"Provision
(& Subs.)—Earnings—
Ended
Years
Other
Federal
lease
1
share/Was
per
Other
28.
.
Gross /profit
for
Net
.
i
repairs.-;,limited-term
Income' deductions
$22,693,527 $21,050,207
$2,012,914
amortization.—V.
stockholders
to
to.date
Sept.. 29,
Buda Co.
;1,
of
operating
Gross
Net
that
and
1941
$5,495,731
1942—11 Mos.—1941
$3,682,610
$2,088,592
——'
depreciation and
fourth
A
j
1942
1,243 640
Net
for
exchanged for $38 principal
1962, of Bickford's, Inc.
pet.
".-v',.
•
$42,340; capital
$3,838,148.-^152,
$5,665,415
operating income.--—
Other, income (net)u_:_;,-L
•
,
deferred
$3,028,500;
total,
(other than income taxes)
Net
&
$3,933,816
expenses
earnings
'/' "Before
(no
debentures,
Maryland).
1955),
Appropriation for retirement reserve__„i„.
750,000
■
<
$19,939;
taxes,
insurance,
$209,636;
361,558
1942—Month—1941
from oper.
earns,
Operating
:
y
par) of Bickford's, Inc. (New York),
shall be exchanged for one share of common stock (par $1) of Bick¬
ford's, Inc, (Maryland), and that each share of $2.50 preference stock
amount
deficit,
Year Ended Oct. 31—
156, p. 1572.
Selling,, administration,:'development,
Depreciation, etc. -wL;
each
$542,740;
pal*),
Operating revenues
Operation
Brooklyn National Corp.—Liquidating Dividend—
things/ provides
deposits,. $29,780;
bonds due Dec. 1,
for compensation
fund
reserve
3,547,149 J $7,831,150
par.- -V.
no
'ford's,
other
accounts
Inventories,
payable, $156,646; wages pay¬
$30,285;
ice distributors'
5%
fixed and income interest
750,000
.1—.-,1:'-.
.and
among
and
bonds,
on
4,300,000
Stock Exchange has admitted to dealings as securities
registration Bickford's, Inc. (a Maryland corporation")
common
stock
(par
$1)
and 6V2debentures,
due
Oct.
1,
1962.
(Interest dates Jan., April, July and Oct,).
Both of the above securities Were issue'd pursuant to agreement of
'merger between Bickford's, Inc. (a New York corporation), and Bickr
which,
notes
$404,937;
social security
accrued
accounts
interest
400,000
stock,
-
Brazilian Traction,
Subs.)—Earnings—
Gross
(Maryland)—Merges New York Cor-*
Maryland
$52,189;
$17,721;
$436,000
from
Inc./ of
other
$21,827;
($10
Rent
)
493,000
York
New
$186,518;
$46,737),
894,950
*86,000 shares
poration—Listing—Exchange of Securities—
The
of
$7,831,150
Total
4
exempt
banks,
$325,810
stock„^_,Li
preferred
Surplus,
p.7.
157,
In
losses
977.
p.
430,650
necessary,
*$145,632
1942
28,396
''
„
contingencies^..^_
cumulative
."Common
was liquidated into Hecker corporation effec¬
the name of the latter was Ghanged to The
and
Bickfords, Inc.
j
additions
and
for
Sept. 30,
$8,547,149
_______
II.J
taxes
Reserve -for
a special inventory
the 10post-war
to
Sheet,
Treasury Notes
accrued
sinking
mortgage
stock
taxes,
and
reserves
3,100,673
28,396
...
accrued
$39,674;
credit,-
1
17,601
.'/• '
payable
Accrued
reserve of $594,100 and without giving
credit in excess profits taxes applicable
,to the six months ended June 30,, 1942.
Through Sept. 30, 1942,
^$155,960 additional was carried to the special • inventory reserve, but
effect
hand
on
property taxes,
other
'
}
*$114,960
able,
432,850
f
*$164,072
$53,174
Balance
accrued
accrued
!
696,000
1S40 '
103,559
165,732
7,000
Liabilities—Notes payable to Southern Counties Ice Company, $10,805;
reserve for Federal income and State franchise taxes,
$85,337;
600,000
R.)
l—iy—
•
Liabilities—
Accounts
$542,300
2,948,836
101,7*22
166,183
34,444
States
Gen. .roods
$2,159,434
—.
1938
94,563
169,124
*Provision for
.'■;-■ Total
~
Hecker Prod.
Inc. Taxes
91,294
California Oregon Power Co.— Earnings—
.
Year End June 30—
5,512
$123,639
59,116
reserve
2,081,829
R.)_J-„__.
H. •&
4,664
$159,945
171,804
(less
44,129
I,.,
—L—.
W,
62,079
$134,059
depreciation-
United
$457,575
.LyL-'U!
(B. W;
11,616
deposited with State treasurer^
$30,493; miscellaneous investments, $163; deposit with bond trustee.
$117; land, buildings, machinery and equipment (less reserve for de¬
preciation of $1,083,291), $2,556,398; other assets, $239,396; delerrecl
charges, $62,616; total, $3,868,148.
i'
$6.65
depreciation)———. :£uJZ*>. 3,051,033
<B.
stock
$129,202
$375,388
Assets—Cash
47,219
(less
$164,609
income
$655,546
"
inventory
assets-
57,906
$196,138
-"Loss.
1,524,134
148,800
—y——ey
2
$71,296
47,292
1939
$1,451,496
.
Fed, inc. taxes
for
948,462
y.—
(net)
$117,317
36,489
,
'•
,
(net)
•
$159,649
$387,004
receivable
!
1941
1,635,139
1,380,200
Consolidated
$1,783,591
1942
.■
items
Common
The acquisition of this outstanding minority interest in the Hecker's
principal subsidiary was something which the management had de¬
for some tme, but circumstances previously had not been such
'as to make it practicable.
The following table sets forth the earnings
record of The Best Foods, Inc.,: for the six-year period ended June 30,
"1942, as taken from the published financial statements of the com-"
pany
(carried In the Hecker's several annual reports, to stockholders);
1937
Sheet
bills!—--•
•
Preferred
of
payment
$1,876,389
$6.40
]\
receivable
Merchandise
are
.*. .I,,,.,.
,
Comparative Balance
receivable
Prepaid
of
period
a
anticipating
200,000
common—jy
on
defense bonds;
Patents
and
annum
year.„__
;
■
Treasury
price
bank
from
344,000
200,000
s
1940
$1,752,455
income
for
Net
'■
«
y————12L———-y-—; —4—_■.'-.
-
S.
loans.
purchase
The
obtained
of
share
'i
Accounts
theretofore
sired
-
end
per
■
IL S.
on
s
1941
30,261
$387,510;
L
1
Assets—,
incorpora*
Inc.,
1739.
p.
1,889,825
operations-
45,000
thereof.
part
any
purchased
Food-,
equal semi-annual Instalments
the right to the corporation of
or
of
which
Products
was
..interest
an
of
45,000
-V.v—l——
contingencies
•
V'
■
fhe Best Foods, Inc., has become,
and
$3,000,000
at
are
from
subsidiary
which
certificate
effect
corporation
in
by General Foods Corp.,
the
156,
(& Subs.)—Earnings—
$2,049,574
interest
Prov.
1,755,680
dividends
Reserve
.*
Products
Hecker
the
approved,
was
The
of
of
amendment
an
the
297i
$5,500,000,
These
ilie
of
name
-therefore/a
was
1942,
Foods,
the
owned
29,
stockholders
of
corporation
the
Best
1942,
meeting
Financial Cor¬
a
2,429,178
profit
Prov,
$2,372,591
258,000
dividends
Surplus
y';
1.783,591
$2,379,389
surplus
Earnings
Best Foods,-Inc.—New Name, Etc.-—
below.—V.
Inc.,
Consumers Corp.
deductions-
Bond
$616,912
-
Total
per),
($100
(
r
*
-.
expenses
fr.
Total
Net
210,303
$595,798
income
Net
$775,$484,600;
$5 dividend cumulative convertible preferred stock <72,907 shares no
pari, $7,108,432;
common
stock
(483,669 shares), $4,836,690; capital
surplus, $155,117'; earned surplus (since Sept, 30, 1939), $2,362,003';
treasury stock at cost, Dr$635,561; total, $17,392,416.—V. 156, p. 1572.
000;
reserve
;
'
income
Other
$827,215
$808,394
Depreciation
*. .*'
.
accrued
payable,-$184,218;, provi*
$776,956;
payable,
Security
Social
income
on
vouchers
*15,878
.'
.
$2,785,921
and
Profit
$9,147,320
8,368,716
$10,486,176
Gross, profit ;r_
y
equipment
buildings, machinery,
total, $17,392,416.
land,
$6,493,181;
power,
1941
1942
——————L———.
sales including
supplies inventory,
assets, $229,246;
155,683
*>122,109
Verney-Brunswick Mills,
Costs
:
companies
subsidiary
51,114
"35,448
.
Years Ended Sept. 30-
*
$7,169,384;.
inventories,
and
118.894
158,999
2034.
p.
Butler Co.—Stock Listed—Merger—
♦
California
-Earnings-
•
-sales
Cost of
note's and other accounts receivable, $16,498;
taxes and other
Liabilities—Accounts
•
22,963
1,277,940
Cabot Mfg*. Co.—Sale of Plant—Now
,
'•
.•
"16,655
1,136,110
poration—
company filed', with the Commission on Nov. 18 last and on
hearing is: to. be held in-Boston on Jan. 15.'
The committee
that the plan is not in compliance with Section 77 of the Bank¬
ruptcy Act and that .it is impracticable.—V. 156, p. 1858.
(less reserve $202,6241,.
securities,.. $139,913;.
advances
not consolidated, $120,659;
prepaid insurance,
Sept.
Sheet,
accounts receivable
.'Assets—Cash, $1,125,643;
/
"11,993
which
692,145
—v———
Balance
42,671
1,108,352
^
holds
$2,362,003
$3.38
———;—.
'
35.065
•
Revenues
J
surplus
$142,298
■
United States Stores Corp,
•
<
'
.Earned
"1,640
'
1
1939
$102,353
4.268
ry.: oper. income—-.
J"
group
1940
$98,677
"railway,,1,634.297
(P. H.)
.
Opposed—
institutional
the
income,,..-
oper,
1941
$162,683
53,369
*Defici't-lo,ss.-r-V, 156,
.
667,238
———-
executive
and
1942
■
'railway.—-.
from
Net
representing insurance- companies- filed Jan.- 6
with the Interstate
.Commerce Commission a motion to dismiss the plan of reorganization
' $3,787,453 '
stock,
»*''
.
stock. 66,066
%%■. pfd.
surplus,
$1,907,441
taxes—
.
paid :
dividend
$3,752,775;
$$139,218; accrued Interest am}
owned, $896,850; prepaid
registrar fees, $158; total,
securities
custodian
railway,...;.
from
See
-
Dividends
Net
stock (105,537 shares
$1,088,145; total, $10,511,056.
common
5,836,800
——'
iEarned surplus at beginning of year—-ifof processing and unjust enrichment
Settlement
:
$150,000;
1465.
p.
Boston
Net
($100. par),
Sept. 3(1, 1942
banks,
total
From Jan. 1—
Gross
.
2nd
.
from
from
Net-ry.
$30,000;
notes
payable
(current);
accounts
payable,, $883,875; capital loan
(due within one
$100,000; accrued taxes, $377,215; capital loan (not due within
one
year), $139,000; sundry deposits, $420; reserve for contingencies,
$89,626;- 7% cumul.i 1st pfd. stock $100 par, $3,000,000;. 6'> cumul;
year),
$37,843,438
———^—
_T—
in
Burlington-Rock Island RR.—Earnings—
November—
Gross
$900,000;
Total
and
$4;165;
Liabilities—Accounts payable, $315; taxes accrued, $1,869; preferred
stock
(outstanding, 29,745 shares), $297,450; common stock (outstand¬
ing), 94,405 shares), $94,405; capital surplus, $1,281,480; earned def¬
icit, $634,998; total, $1,040,521.—V. 156, p. 2^04.
Liabilities—Dividend,, payable,
71,551
.
of stores
—
Balance
191*2
30,
—
i
Assets—Cash, $1,682,132; accounts receivable (less reserve), $259,566;
inventories, $3,132,626; other, assets, $46,530; due. from Bohack Realty
Corp., $805,812; investments, $1,002,174; property/plant and. equipment
.(less
reserve
for
depreciation
of
$1,581,469),
$3,451,237;
deferred
charges, $130,978; total, $10,511,056,
Associates, Inc.—Earnings—
Account,'Year Ended Sept,
„
earnings
Number
2033."
p.
Net
-
hand
on
receivable,
insurance, $130;. prepaid
$1,040,521.
285,226
50,068
—
From Jan. 1—
Gross
Balance Sheet,
•
39 Weeks Ended Oct: 31—
1939
1940
1941
1942
■
(H. C.) Bohack Co., Inc.—Earnings-
-Earnings-
Beaumont Sour Lake & Western Ry,No\ember—
127
and taxes under the Revenue
"machinery,
$461,971
"for
and
equipment in
the years ended
the respective amounts of $601,919 ami
Sept. 30, 1942 and 1941.
Sept,
Sheet,
Balance
Consolidated
Cash
hand
on
and
deposit
on
,
3%
Canada
of
Dominion
(trade)
receivable
Inventories
*
„
accounts receivable
—
Deposits rec. on contain, return, by custo. <est.)
Mortgages, notes, and accounts receivable (net)
U. S. Government-post-war tax credit..——plant, & equip, (less reserve)Property, plant, and equipment (less reservesGoodwiil, trade marks, etc
—
Prepaid expenses and deferred charges
Operating
436,471
24,240
Other
8,014,942
1
387,588
129,730
2,829,371
1,210,496
84,361
1,762,602
1,345,000
1,245,000
revenues.--
$406,047
$467,411
$4,675,114
(net)——
1,644
1,878
$3,936,682
22,748
Net
oper.
Other
$407,691
$469,289
$3,959,430
$4,695,931
142,313
143,031
1,715,656
income
int.
Other
debt
979,600
302'?oi
89,532
,116,372
customers
Common stock
(par $5)———.—-
1,917,270
Int.
itc'oio
commisions, etc——t
for deposits on containers returnable
taxes
Salaries,
———
wages,
Liability
by
1,470,092
1,574
1,907
27,842
Cr4,713
Cr5o,532
Cj'56,897
Cr5,704
Cr5,lll
Crl02,695
$334,175
$2,375,159
period__
i,255,237
below.
Dew,. Ltd.,
Honey
.See
A-.
'
.
Maine-
Canadian Pacific Lines in
railway——
from
Net
Net
receipts-
$8,849,542
5,816,076
$6,905,603
4,808,872
$6,568,493
4,866,781
AA
$3,033,466
$2,096,731
Net
41
railway——
from
Net
,
1192,077
income-Loss.—V. 156, p. 2034.
oper,
ry.
income
939,568
-790,349
340,921
521,460
439,474
49,115
earnings
33,833
11,982
11,401
Reserve
2,619,461
2,017,829
etc.
Depreciation,
*23,158
Other
income
for
tax,
after
sold
1942
aclmin.
&
gen-
■
■
Slis.
;
838,303
for
par)
Earnings
Fed.
Net
See *
See *
See *
88,000
47,378
$235,739
99,600
59,760
59,820
15,000
"$1707273
"$1757979
S182,636
> $201,753
tax
profit—
paid
97,709
147,258
$269,873-.
inc.
_
Dividends
$58,203
285'000
depreciation-
for
tProv.
65,947
54,782
deductions—(net)
Prov,
$327,195
37,361
$389,687
$609,654
—
t$186,758
——
— —
depreciation amounted to $90,833 in 1942, $98,259 in
in 1940.
tlncludes $155,000 in 1942 and $11,000
profits taxes.
fLoss.
''Provision1 for
and
1941
$99,251
for
1941
in
excess
Balance
Sheet,
1942
80,
June
of
$382,888;
Liabilities—Current
$200,000;
receivable
accounts
shs.
(100,000
(net),
long-term
indebtedness,
$1,000,000; paid-in
$910,758;
liabilities,
stock
common
treasury,
total, $3,775,647.—V. 156, p. 2034.
(400 shares at cost), £>r$3,600;
taxes
charges.
of
Cost
:
cents
$54,206
$248,109'
deprec,
$503,363
$406,468
$435 874
234,889
■
222,259
312,543
166,701
production—~ A
for
Prov.
and
in
51,400
88,563
77,444
i_-
per
—V.
p.
156,
$8
$1.02.257
$94,135
$143,414
$0.08
$0.07
ICC
1414.
thereof by the Atlantic Coast
& Nashville RR., lessees, of that portion
of
branch
line
in
tending
Hurricane
Louisville
the
the
as
Creek branch,
Dumps
direction
northerly
general
a
known
railroad
of
through
Clinchfield,
from
ex¬
6.05 miles, together with a branch of
the branch line in question, known as the Hurricane spur, extending
northeasterly from Hurricane Junction
to Shaft, 1.2 miles,
all in
Russell
Junction,
Wilder,
to
Va.—V.
County,
152,
Centennial Flouring Mills
profit
Federal
Minority
State
interest
Consolidated
Earns,
86,648
A
fixed
$183,867;
Central
Arizona
in
Int.
on
in
$35,580;
ances,
The
31,452
:
,
—
$0.97
$0.87
from
ry.
—V.
banks,
and
customers'
advances
to
hand,
on
accounts
wheat
$138,345;
receivable
drafts
(less
accept¬
and
Advances
and
and
growers
Expenses on
1942
on
$63,335),
reserve,
grain purchases,
bean
soya
$15,588;
crop;
ventories, $1,853,005; other notes and accounts receivable
$40,000),
$117,899;
operating
properties, (less
plant and
equipment
610,089;
prepaid
real
estate
receivable,
contracts
(less
non-
$213,691;
reserve
for
depreciation
$74,199),
reserve
(less
for
depreciation
of $1,225,347),
and
expenses
payable
trade,
grain sold,
Federal
payable
$111,685;
deferred
banks
tax,
and
deposits
$17,300; accrued
income
charges,
total,
$69,606;
$6,-
taxes
$49,523;
and
notes
brokers,
farmers,
of
$1,716,000;
$28,192;
banks,
due
Carolina Power
dispose
the
of
Power
&
Light Co.—FPC Bars Write-Ups—
Commission
$20,765,833
in
Jan.
on
"write-ups"
4
directed
claimed
the
company
bona-fide
as
costs
to
by
company.
The
1937,
total
the
said
"These
took
cost
company
of
the
the
had
amount
company's
agreed
write-ups, which have
no
to
was
about
electric
issuance
plaee
in the
22'U
plant
of
the
of
as
the
of
$91,-
Jan
1
accounts
of
the
com¬
corporations, transactions between associated companies, borrow¬
ing and shuffling of securities, mergers and consolidations, paper loans
paper
of properties,
the order said.
pap°r
tions,"
$69,734
$1,061,199
saM
and
mere
formal
.
•
stipulated
considera¬
,
40,788
33,978
57,463
50,324
,
A.
'
'
V
,
'• -A-M
■
1,500
AA-.
'
$780,333
122,583
$103,291
$27,366
$263,453
t+33,226
profits
++605
30,527
25,803
33
——
year
18,958
227,500
227,500
1,183
13,224
10,539
18,958
,
897
$67,284
28
Dec.
par
value,
283,020
$832,280
profit
exchange
on
dollars into Cuban cur¬
to Nov, 26, 1940.
ttln-
United States
of
sales value of
* ♦Includes
sold
sugar,
V r
on
Sept,
Sheet,
Balance
in banks and
for advances, interest and rentals, $111,767; membership (New
and Sugar
Exchange), $2,500; growing cane, $41,996;
and livestock, $1,658; rights under mortgage receivable,
plant
property,
equipment, $2,825,176; prepaid
total, $6,195,534.
and
other deferred charges,
Period
Ended
Gross sales,
of
to
Defense
^
admin.'and
from
Total
239,889
115,497
of
41,208
$5,501,403
amount
in
Federal
additional
inc.
$2 on
July 1
Approp.
income
,
deferred--,.—
$2,882,575
5,098
———
—
addit'l res. for
price declines—
income
for misc.
18,240
paid
possible
future
^
5,444
1,555
invests.-
3,737,000
..
1,670,000
292,000
170,000
in¬
540,000
—
———————
—
per
,
profits taxes—
income taxes—-i——I
excess
Mass.
"Earnings
1939
$1,264,719
134,426
v
30,261
reserve
of
ventory
v
and
and
Wisconsin
'
91,998
-
income
for
Prov.
$2,841,367
$5,409,405
AAA —A-~.r
—
Dividends
?355,850
187,579
.
I
—
'
1940
999,121
gen.
operations-————
Loss, on disposal of property
Net
1,368,523
,"12 Mos. '42 .10 Mos. '41
,
„AA_ $19,373,388 $12,419,522
-AAA. 10,952,155
7,320,097
expenses..———-1
3,011,823
2,258,057
sold——TAA
income
Other
$496,744
paid a dividend of $6 per share on the
to holders of record Dec, 19,
This com¬
$1,414,598
Subs.)—Earnings—
(&
31—
Oct.
108,054
. .
1941
expenses
$61,662;
payable
less discounts———
goods
.Selling,
$604.79
$712,421
$1,937,009
19-12
Coffee
Profit
1942
8ft,
hand, $883,741; special deposits, $14,-
10,557
>
paid on Oct. 1, last; $1 on July 1, 1942, and
Payments during 1941 were, as follows:
April.T,
each, and Dec. 24, $6.—V. 156, p. 1234.
V
,
$72,764
■
35,373
■'
—
animals
Cost
$3,029,507
$957
$230,231
$657,717
the
paid
$842,837
26,584,344
20,127,680
15,036,212
9,375,005
5,604,823
2,034,764
110,000
$912,609
$922,033
851,836
$1.87
486,735
$1.89
——
share
—_'
—
486,735 no par shares of capital stock.
"On
Nete—Provision
$162,921
for
depreciation amounted
to $266,526
in 1942 and
1941.
in
6,922,546
3,867,512
533,857
524,455
Fed,
$10,402,447
4,063,781
374,254
361,632
4,288,991
128,000
122,000
1,530,000
205,613
252,804
1,177,854
J,457,000
1,130,192
taxes-
875,500
895,600
prof. taxes-
941,400
656,927
___
deprec.
and
taxes
Federal
1942—12 Mos.—1941
$10,951,810
amortization
General
1941
$952,256
——
expenses
for
Prov.
Earnings
1942—Month
$978,008
revenue
income
excess
Gross
Int.
$270,140
$215,821
$2,138,065
57,598
709,608
672,590
deducts.—
banks
in
and
on
Sheet,
hand,
Oct.
1912
31,
$1,939,317;
U.
S.
government
and accounts receivable—trade (less reserve
inventories, $3,315,255; amounts to be billed
in respect of facilities installed for account of U.S. Govt. ($305,596) and
other charges of $279,091 applicable to govt, contracts to be completed
in 1943, $584,688; proceeds from life insurance left on deposit with
insurance companies, $257,453; suurender value of life insurance pol¬
icies, $71,955; sundry other current assets, $90,531; land, buildings,
machinery and equipment (less reserves for depreciation and amor$125,000;
notes
$2,250,028;
$102,250),
.tization of $4,294,399), $2,432,681; trade-marks, patents, patterns and
drawings—at record value, $1; deferred charges, $195,648; property
not operated, real estate mortgage and misc. investments iless reserves
aggregating $98,109), $69,467; estimated post-war refund of Federal
excess
profits tax, $40,000; total $11,372,023.
Liabilities—Accounts
$2,198,946
59,270
income
other
&
Assets—Cash
securities,
of
■
Balance
Consolidated
14,077,421
1,812,136
income_„,
railway
Central Illinois Light Co.-
aries
commissions,
and
payable (trade), $356,857; accrued wages, sal¬
including payroll orders outstanding, $466,003;
general and social security taxes, $263,942; accrued royalties,
expenses and sundry other items, $577,499; reserves for Federal income
and.excess profits taxes (less U. S. Treasury'notes—tax series B, 1943
and
1944
of $3,100,500), $692,499;
reserve for Wisconsin and Mass.
accrued
———J
income
Net
on
of
Amort,
pfd. stock
pfd. stk.
-ML
$1,526,356
$210,870
$158,223
41,800
41,800
$1,428,456
501,606
15,951
19,150
191,407
$100,472
$907,701
$833,343
exp.
$169,070
501,606
Central Pacific Ry.—Tenders
See
Pacific
Southern
1942, , $121,694;
inventory price
stock (486,775
shares, no par), $3,946,526; paid-in surplus, $255,758; earned surplus,
$3,477,816; total, $11,372,023.^.156^.2096.
income
taxes,
$307,065; dividends payable Nov. 25,
$10,789; reserve for possible future
contingencies, $895,576; "capital
Co.,
Asked—
156, p. 425; V.
below.—V.
deferred
income,
declines
156, p. 2034.
and
other
155, p. 2364.
Charleston & Western Carolina Ry.- -Earnings—
Ltd.—Earnings—
Central Patricia Gold Mines,
Est.
of
value
Gross
deprec.—_
$1,252,013
536,784
taxes—:—
121,950
212,300
side
Dominion
for
Approp.
95,570
112,232
deprec.
and
on
taxes
156,
Provincial
plant &
p.
net
equip.
&
out¬
$319,2^4
j
profit
1414.
Central Power & Light
The
and
exploration
Estimated
—V.
production
before income
profit
directors
dividend
of
on
Jan.
2
$451,857
Net
$1.75 per share on the 7%
on
account
-of
accumulations
$208,576
52,777
37,705
29,726
18,113
3,583,684
1,462,051
800,714
from
Net
Net
ry.
—V.
railway^
from
Gross
railway
oper.
156,
p.
income
2035.
Chase Bag
cumulative preferred stock and
1939
$210,079
3,103,319
1,227,552
730,602
2,365,635
2,276,642
From Jan. 1—
The
a
1940
$275,334
86,431
45,417
$331,558
141,751
income
oper.
ry.
1941
69,738
railway
from
Net
railway—-
from
Gross
Co.-—Accrued Dividends—
declared
1942
November—
1941
$1,442,113
776,389
1942
9 Mos. End. Sept. 30—
order.
pany,
were inserted in Carolina's plant account at the direction of
Electric Bond & Share Co., through the use of dummy intermediaries,
and
816
income—,
oper.
Estimated
Commission, asserting
099,708
$1,060,383
16
1943-1945,
$504,000; minority stockholders' interest in subsidiary, $52,517; capital
(par $20), $2,622,700; paid-in surplus, $195,220; earned surplus,
$1,116,956; capital stock held in treasury (5,590 shares at cost), Dr$38,913; total, $6,427,318.—V. 151, p. 3556.
Federal
$4,730,648
3,898,368
$69,718
on
provision for
$52,137;
expenses,
payable
accounts
advances
stock
The
1942—12 Mos!—1941
16
Period End. Nov. 30—
Divs.
Liabilities—Notes
101,341
$62,813
Supplies Corp.
(non-interest
bearing) due Dec. 16, 1942, $1,612,221; retained cane liquidations, $12,697; accounts payable, $44,006; accrued taxes, $148,652; other accrued
liabilities, $6,854; unpresented bond interest coupons, $971; unclaimed
dividends
payable, $486; estimated handling and shipping expenses
on
sugar and molasses, $206,663; deferred credits, $914; jiens on prop¬
erties, $1,534; capital stock, $2,688,690; capital surplus arising on con¬
solidation, $727,935; earned surplus, $743,909; total, $6,195,534.—V, 156;
p.' 1687;
$2,-
427,318.
77,277
+$13,422
to
:■
Liabilities—Loan
reserve
$30,737;
68,955
$205,995
A——„
for
inc.
$1,000;
$87,123
—
on
no
157, p. .7,'.
Gross
Sheet, June 80, UM2
54,956
profit
to
Assets—Cash
and
Crl,654
,
$164,154
$730,008
——i.l
York
railway——
from
Gross
50,102
$108,763
1153,893
!
$63,856
$274,950'
conting—
work
Franklin Process Co.—$6 Dividend—
oper.
ry.
,$110,261
From Jan. 1—-
Net
528
respect
—
growers
$5,753,306
4,692,923
108,054
$2
19,379
155; accounts receivable, $4,290; sugar on hand, $1,924,131: molasses on
hand, $92,879; materials and supplies, $230,578; receivable from cane
Co.—Earnings—
$820,475
1,
19,523
■.
$44,477
32,843
$784,965
Consolidated
•
total, $20,450,902.
$8,961,295;
$49,593
with $3
1942.
pares
and Oct.
$242,107
1.4,617
-j—-
Cuban
for
rency.
$393,623
323,905
——„—
stock,
18,060
17,724
./eludes U. S. income tax.
and
applicable to pfd; stock for the period
company
April
Net
$100,sundry
accounts, receivable (including $4,340 due from employees), $14,534; in¬
763;
(net),
—
common
-
,
"Including unsold sugar and molasses at estimated realizable value.
^Includes sales value of sugar sold to Dec, 10, 1939.
^Includes
$87,139
(net)
income
'
$770,348
——
:
'
$48,900
$472,032
384,939
deducts.
mtge. bonds
interest
Central
7,349
$125,052
18,783
prior, years..
1942
July 31,
Sheet,
1942—Month—1941
income
Dividends
!t
non-
Chain Belt Co.
Gross
138,561
income---——————
96,472
A
tLoss.
distribution amounting
interest amounting to
in 1940, and $14,487 in
• a/A
Light & Power
revs,_A
oper,
income
Operating
At.227.481;
on
1941,. $18,112
assets
rev.
5,005
Consolidated Balance
Assets—Cash
received
payable
revenues——
175,682
.—'A
96,305
——
lor
Net
accrued expenses, $367,128; re¬
serve
for income and general taxes, $731,068; reserve for tax,
war,
and other contingencies, $830,643; capital stock (742,674 shs, no par),
$3,766,870; minority interest, $3,987,190;
surplus, $18,522,064; total,
$20,450,902.—V. 156, p. 1015.
A—_
taxes-A--AA
subsidiary company-
99,056
_A—A"
loss
Dividend
$791,945;
Liabilities—Accounts
charges——
.share--——;
per
$1.51
above, the shareholders
Oct. 1, 1938, from the
marketable securities, $1,603,030; accounts
receivable, $895,056; inventories, $4,402,234; growing crops, $1,178,394;
investments, $1,502,583; investments in associated enterprises, $580,037;
claims for refunds of taxes,
$346,461; prepaid rents and other ex¬
Net
$232,558
95,492
income
net
1941
$276,179
;
...
-
depreciation
and
A
1942
sales.
charges
Non-operating properties
after
$1.62
Balance
Consolidated
.NovemberGross from railway—
Net
from
railway
Co.—Earnings—
30—
June
on
Depreciation
Profit
$2.04
in
.
Ended
Years
Gross
728,029
101,237
Additional U. S. inc. tax
Central of Georgia Ry.—Earnings-
2846.
p.
654,230
oper
with
of
Increase
permitting abandonment by
certificate
a
882,882
663,364
•
from
credit
and
tax
742,712
—vall56,ep--2"2—-----------
Ry.—Abandonment—
Ohio
&
issued
26
Dec.
and
RR.
742,674
■
.
Clinchfield
on
Line
a
'
■
and abandonment of operation
road
742,674
Associates
$22,994
1942,
$0.11
share--—
Carolina
The
the
$228,981
Luce & Co., S. en C., a
share,
tlncludes minority
of
per
Assets—Cash,
Net
Earnings
812,132
——
expenses
Total
69,072
$84,743
'
.
70,201
profit*
Net
300,444
..-.'A>::
Other
taxes—
deplet. & inc.
f$l, 133,707
f835,654
$2.48
1939.
Other
•_
792,451
„
income
oper,
mint
&
1,857,822
on
Aguirre
partners
37%
Net
less
inc.—sales
$$1,837,166
*$1,814,702*" $1,625,264
* $3,778,592
mill
molasses
Profit
:A——
.A
311,300
—
Total oper.
1939
1940
1941
1942
3 Mos. End. Oct. 31—
;
•
from sugar
Income
Prov.
Operating
mineral
——
$391,995
Period Ended Nov. 30—
Ltd.—Earnings-
Cariboo Gold Quartz Mining Co.,
•
on
of
exps.
inc.
Total
par),
no
surplus, $417,890; earned surplus, $1,250,599; common stock in
Gross
Other
fin addition to the dividends shown
Central
special
penses,
$722,919; inven¬
tories, $1,569,994; investments and. other assets, $.17,328; property,
pliant and equipment (net), $948,669; good will, brands, trademarks,
formulae, etc., $42,500; deferred charges, $91,349; total, $3,775,647.
Assets—Cash,
1939
1940
f
■
——
non-oper.
Gross
0-54,000
0-54,000
-i—
'
1,359,390
,
'
Surplus
0-54,000
'
742,674
share
per
"Deficit,
to
$242,456'
'
-Earns.-
Subs.)
(&
Statement
1941
317.831
>$300,986
—
capital stock
Operating profit
Income
1942
I—'
other
subs.
Other
t$l,893,916 t$l,538,816 t$l,220,708
835,512
835,521
835,521
—
surplus
;
capital stk. outst.
(no
834,448
847,900
810,410
,
Sugar Co., S. A.
&
deprec.
gen.
Prov.
expenses
Other
of
Adjust,
L
;
distributions
Other
$896,516
$1,161,644
$1,237,586
$1,420,064
-1:729,123
.
4,517,265
236,706
250,000
Balance,
—
eral
1,184,077
de¬
ducting cost of goods
Selling,
285,541
326,374
0-45,565
Co.l
and
war
AAA
Dividends
1939
1940
8,339,360
1,063,004
I
,
New
contingencies A
other
1941
4.704,138
-
'
b.
o.
properties
Special
Years End. June 30—
profit
&
0-140,545
———
from
Net income
Gross
$
$1,701,711
298,297
800,390
tax
Alcohol
England
Prov.
275,271
—i-_
income
for
rec'd
Divs.
Capital City Products Co.— -Earnings-
7,608,251
10,320,728
8,393,424
1,030,403
for
Main,
$1,589,615
Net
•
railway.,—
from
16,761,204
2035.
$6,106,880
$167,895
3,274,603
From Jan. 1—
Gross
231,706
30,537,622
-
—
cane
and
13,564
f.
shipping
Prov.
$4,922,803
$5,347,810
1,220,682
1939
1940
4,730,286
1,982,672
1,501,791-
income—'
oper.
ry,
,
1939
1940
1941
Agricul. & mfg. expense
$178,154
39,942
*83,072
32,548,207
Sept. 30—
sugar
of
oper,
$239,340
210,657
39,690,684
expenses
$5,822,280
1,083,323
Miscellaneous
$484,271
227,198
170,285
railway——
from
1941
1942
'
November—
1939
$3,025,512
885,627
913,966
port and sales
oper.
—
Total
Gross
Account
Income
>•
Earnings—
!
52,549,735
-
156, p.
molasses
Cost
$7,640,426
1,209.116
sales
Name
Products, Ltd.—Proposed New
Food
Canadian
of
Mfg.,
molasses & cane
Sugar,
'•
-
Violeta
Years End.
Sales
(& Subs.)-—Earnings
1942
Years Ended July 31—
1602.
shares in 1941,—V. 156, p.
til,000 shares in 1942 and 9,000
" '
551,810
Consolidated
of
Consolidated
$135,345.
3940
$2,912,694
417,819
income^
oper.
Cuban
Drl37,535
receivables—1942, $161,787, 1941,
for doubtful
reserve
ry,
"Deficit.—V.
$1,784,825
_a——
$17,272,549 $16,030,939
—
"Less
railwayrailway-
from
Net
156, p. 2304.
Central Aguirre Associates
Totai
from
Gross
$3,040,062
1,255,237
$1,119,922
1941
$3,401,411
1,508,418
'
-
income-
oper.
ry.
"
$4,841,871
-
Cr27,785
$274,197
—
applicable to pfd. stocks for
Balance )
1942 were as follows:
1 and Nov. 2, $2.50 each, and
Aug.
1942
railway
Central
-V.
stock during
From Jan. 1—
1,724,281
16,270
Net
—
construct.
to
Dividends
7,524,876
8,602,561
Drl67,852
from
Net
on
———I
chgd.
stock during 1942 were as follows:
May 1, Aug. 1 and Nov. 2, $2.91%
Jersey—Earnings—
1
railway—,
from
Gross
20,817
Cr4,689
bonds-
premium
Net income
1,908,489
3,075,785
;1,470,092
3,075,785
(paid-in; surplus—v-,—*
(Earned surplus
—
—
fCommon capital stock in treasury-——
Capital
—
deducts.—
&
of
Amort,
^9,141
payable (trade, etc.)—-j—U-_—$499,259
United States & Dominion of Canada inc. taxes
1,485,633
mtgc.
on
botjr(payable
15.
Jan.
Central RR. of New
Net
Int.
preferred'stock,
cumulative
record
1,675,349
105,000
280,437
Accounts
Other
6,980,161
125,000
of
on
November—
$17,272,549 $16,030,939
—
—
6,241,712
105,167
—
Gross income
Total
712,959
227,317
,
taxes
Prop, retire, res. approp.
-aaA
7,554,164
1
Months Ended Nov. 30
672,045
the 6%
on
holders
to
the 7%' preferred
Feb. 2, $1.75; March 13, $1.16%;
each, and Dec. 7, $3.22.
Payments on the 6% preferred
Feb. 2, $1.50; March 3, $1; May 1,
Dec. 7, $2.76.—V. 156, p. 2035.
1942—12 Mos.—1941
$1,499,461 $16,115,367 $15,786,120
$1,535,576
—
share
per
1
Payments
1942—Month—1941
.
—
expenses
Federal taxes
25,731
prop.,,
revenues
Operating
'a
Non-oper.
Period End. Nov. 30—*■
4,213,376
94,258
393,438
160,444
Sundry
Earnings for November and 12
1,953,089
$1.50
Feb.
claimed costs of properties.
of
333,875
accounts
of
classification
*941.
$1,408,533
64,054
$1,259,449
90,090
1,770,430
5,076,179
—
bonds—-,
Victory
drafts, and accounts
"Nptes,
t
.
.
directed the company to prepare a revised
and cost studies for the balance of $70,-
Commission further
The
30
1942
Assets—
Monday, January111, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
128
for
4389.
agent
p.
Guaranty
649,054
701.604
372,177
429,268
Co.—Transfer Agent—
Trust Co.
series A
of New
preferred
York has been appointed transfer
135,
and series B preferred stock.—V.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
15 7
•
Cherry-Burrell Corp.
Chicago St. Paul Minneapolis & Omaha Ry
(& Subs.) —Earnings—
•Earnings
129
Balance
i
Sheet,
Sept.
•
November—-
•
Years End, Oct. 31—
1942
sales __-____!-.!
Net
■Cost of sales &
Gross
royalties
profit
shipping
Gross
6,720,428
$3,699,853
$3,019,965
208,333
332,674
257,323
$4,032,527
$3,277,288
Net
$2,775,663
deductions
2,694.495
211,656
2,399.843
Gross
•—V.
&
exc.
prof,
129,148
143,334
96,802
$779,024
$604,963
68.099
,68,720
;
Net income
,
$600,618
-
paid-
67,745
Corn.
dividends
paid„,„
401,108
445,500
378,033
$131,765
445,675
$265,425
$158,210
445,500
444,745
$1.20
$1.60
$1.21
444,345
$0.87
of
Earns,
per
stock,-.
com.
■•■■■
69,461
.
;
v
oh
Cash
U,
S.
y;":■■ '•
:
notes__,_.——:—i.—~—^
Accrued
interest >
Deferred
development
deferred
Advances
'Invest,
56,425
'
local
taxes,
royal-
for Fed.
& Dominion
income
taxes_W:
income
521,590
stock
($100
; (Common
stock
($5 par)
350,000
500,000
-i
W_i—WW W WW WW:
.Preferred
17,130
31,889
"
1,354,900
par)
1,354,900
3,713,958
surplus
472,512
'472,220
surplus; !!W*WW WW.——-W W/
2,285,215
2,153,449
and
1942
depreciation
(Outstanding
$1,821,842 in
of
shares
of
common
and
1942
stock,
shares
445,500 shares in 1941,—V. 156, p. 1466.
-.An
initial
of the
liquidation
has been
corporation
receiv*
$412,260;
pre-
(less
*$91,259
20,672
'
23,663
""Nil
19,250
$29,669
1.7,210
"$0"05
declared
value
;
profits
excess
admin.
;
$0.45
'
Balance
Sheet,
June
30,
1942
v
!■:
'•
■
1940
$8,812,805
$7,501,387
7,365,803
6,261,639
$6,265,371
&
general
!
•
deb,
$1,447,002
957,671
$1,239,749
$489,331
$213,311
64752
74,714
6.230
3,750
expenses.!
1,089,763
on
1,026,438
'*
12,732
51,265
;■
retired
sinking fund
Sundry other income
-
30
19,861,252
Operating profit _!i.!!!!_L_!A„ ! $5,175,608
on
disposal of equipment...
44,791
Interest and financing income—!
on
Sept!
1941
Profit
of
taxes
Dr$19;
$26,126,623
,
Sell.,
stock,
Subs.)—Earnings-
Account, Years Ended
24,500
15,015
$0.63
Income
"i. /. Gross; profit;,'
$69,596
.
treasury
956.
m
■■{••Cost of goods sold___».
7j727
6,875
♦$111,931
,
30- 1936,. $230,338;
p.
1942
Net.
;.
12,377
163,000
$128,959
V
for contingencies,
$32,500; capital
$1,000,000; capital surplus, $654,680;
reserve
shares),
156,
Consolidated
$96,572
"
24,653
taxes
(estimated)*
(estimated)
(less U. S. Treasury
$98,215, reserve for workmen's compen¬
'
$48,920
':
$21,130;
no-par.
$748,976;- accrued
through
■v.' ..'•
'
■
5,879
(net)
2,857
8,994
9,424
$5,280,400
$569,305
$313,931
S.
in
!.
notes
as
record
of
of
53,
Total
income
Interest
Other
$29,588;
debentures.
oni
Prov.
!
for
Federal
doubtful
Res.
v
accounts...
93,209
10,033
7,885
71,029
18,650
8,593
111,000
;
$1,282,316
$333,004
operating & other conting.
427,000
income
taxes.
profit
for
55,921
54,007
9,787
(3,886,150
for
I ; Net
expense..
;
52,579
39,213-
discount. and
Provision
banks, due within one year,:
unsecured, $50,000; accounts payable,
44,284
interest
Debenture
payable to
25
cents
common
Dec.
6.
"Daily Times."—V: 150,
:■!:
Balance, surplus
(Earnings per share
"•Including
and
share
per
stock,
no
paid
value,
was
$85,887
par
Dec.
on
.
Chiksan Tool
of
28
to
•
Dec. 29 and assets distributed to stockholders on the basis of 1/100 of a
on
this
issue.—V.
150, p. 3816.
-
,
$85,887
$1.51
and
$0.39
;v
$305,565
in
1940;
profits of $3,130,000;
excess
profits tax of Cr$36,000, and additional
of $37,150.
(On 219,988 Shares of capital stock.
•
Balance
$52,056),
$2,333,766on
war
Sheet,
notes and
contracts
Sept.
accounts
Inventories,
30,
1942
receivable
$5,176,517;
(after,
(less
reserve
advances-by U. S.
balance of $1,741,937
deducting
,in restricted cash account),
Cr$l,992,357; post-war refund of Federal
excess
profits tax (estimated), $36,000; sundrynotes and
accounts,
including advances to employees,
$23,584;
real
estate
not
used,
$112,533; property, plant and equipment (less reserves of
$1,041,833),
$980,900;
designing, engineering and other preliminary expenditures
relating to war contracts (less amortization), $156,908; prepaid insur¬
ance,
taxes,, and other expenses,- $84,951; inventories of supplies,
,
company
1941
of
Consolidated
Government
Co.—Dividend Rate Reduced—'
in
"
Assets-^Cftsh! $1,630,637;
•.
on Dec. 20 paid a dividend of 2%:"cents
per* share, on
stock, par $1, to holders of record Dec.. 10. : Previously
paid; regular quarterly dividends'of five cents per. share
common
the
refund
r
corporation is: publisher of the Chicago
3350.
;•--•••■: ,v:> •; •/
$262,567
of
•prior years' taxes
The company
•
■
■
in
This
p.
$333,094
$3.89
of
defense and emergency
facilities, special dies, jigs,
the'amount of $158,506 in 1942; $8,312 in 1941.
(Includes
income and surtax of $755,000; excess
•post-war
92.852
the
on
$855,316
depreciation
amortization
normal
;;
of
; : the
completed
of
dividend
shares
outstanding
r
final
The
':
etc.,
$1,705,947
445,675
Chesapeake Corp.—Liquidation Finished—•
:
accounts
income
Cleveland Tractor Co. (&
Disct.
"holders
for
reserve
1941.
$216,613
Chicago Times, Inc.—Initial Common Dividend—■
•
v
$9,263,859
$9,214,112
♦Less
•
on
$150,560),
insurance,
1,907
92,628
series,
total, $2,843,320.—V.
3,712,500
WW--W!!W;!W;
'Capital
'.Earned
in
$94,665
41,008
12,402
f Includes
-•
and
inventories,
investments and other assets,
•
■
Unearned
$7,914
♦$183,887*1'"
$204,211'"
83,865
Assets__Cash
1943
land,
'Pftyftble-
-?a^edJ^5' 6inCe Sept*
traffic
balances
and
deposits- payable,
$192,969;
accrued
liabilities, $120,212; unearned revenue, $23,032; deferred credit, $69,066;
reserve
for engine
overhaul, $6,615;
long-term debt,
$87,500;
7%
preference stock (par $10),. $327,730; common stock (167,730 shares
(no par), including 2,630 shares issued to convert
preference stock),
$465,665; earned surplus, since May 23, 1938,
$40,537; capital surplus,
; $55,484;
total, $1,652,736.—V. 156, p. 1949.
$667,309
420,479
Reserve
696,572
•$126,425;
,
State' and
964,322
$87,500; notes payable to banks,
•
Liabilities—
payroll,
1,503,892
com.
loss!
$1,058,653;
$79,242;
taxes
.stock 777,456%
1939
v'. $791,237
dividends,!
* Indicates
$44,8481,
30,
($11,855 >
for
tax
sation
:
.
$972,236
1,798,440
Liabilities—Equipment
*
Accrued
1940
$1,320,005
'charges, $61,895; intangibles (cost of air mail route No.
..franchises and good will, $1), $29,589'; total, $1,652,736.
$9,263,859
L
1941
1942
$2,002,651
!;;W!!!•:-
on
notes
.
stock
sh.
$32,941),
«J,lafrl-itI™s7"Accounts
Federal
demand deposit and on hand, $116,952; accounts
Government, $493,882; traffic balances, agents and
other
trade receivables,
$255,206;. due from officers and employees,
$8,252; inventory of parts and supplies,, at cost, $98,478; other assets,
$101,073;* fixed assets (less depreciation of-$341,732), $487,408; deferred
65,805
$449,919
140,923
28,676
:
2,068,687
$9,214,112
—
trade
buildings, equipment, etc. (less
depreciation, amortization, and depletion of $1,602,004),
at cost,
$942,805; taxes; prepaid: insurance and other expenses,"inven¬
tories of supplies,
etc., $134,856; total, $2,843,320.
'
2,563,228
286,407
of
$57,499,
income
per
of
reserve
16,242,796
2,775,578
June 30—
"receivable—U.
,
1
3,678
2,178,562
.58,277
16,492,140
4,034,299
1,457,359
dividends!;!,
..
22,201
:
18,286,484
5,317,418
2,963,333
$206,988;
.paid Ohio sales tax.
receipts, $8,517;
,$4,ooo.
87,101
114,374 ;
payable WW-!•—!■
21,423,122
stock
Si',
1,018
WW—WWi__ ■19,428
:
Accounts
railway—
railway,-—
income W
Net -profit.W
Cash,
(less reserve
reserves
oper.
179,226
expense—'
a
Total
203,475
(able
756, p. 2036.
Earns.
3,838,862
"•Property, plant & equipments—:
"...
Patent costs & license rights, less amortization■
73.679
Com.
.
res.)a >-1,714,768
(less
majority owned unconsol. English
>
subsidiary (less reserve)
Post-war refund of excess profits taxWWW-'W;
i-
69,847
Pref.
400,901
■■
charges,
to .employees—-
in
347,505
...
jf-:
2,369",252
receiv.- (trade)-
Inventories
Other
income—*
(Prov. for Fed. & State
inc.' taxes. 'WWW!
$634,707
.-•■;■';>■■ „•> 872
,W—!.——;!!--! ■
2,995,396
and accounts
382,960
W——
Other'deductions W!W
;1941
;r':j'1942
depiosits-!
**;!!
$1,671,430
hand and demand
Treasury
■Notes
from
Gross
Comparative Consolidated Balance Sheet, Oct, 31
,
.Assets—
283,152
Net. profit from oper.
Other income "WWW
.
<
292,925
V
355,476
,
■
share-
com.
553,800
Chicago & Southern Air Lines, Ine.- -Earnings—
$33,131
surplus; !_,!'
Shares
1939
$1,556,273
$458,068
dividends
Balance,
1940
$1,510,855
Operating' revenue Wi_
Operating expense:—
'
Pref,
Assets
1941
Years Ended
458,884
tax
1942
.notes,
Prov. for Fed. & Domin.
inc,
:
from
.Net ry.
2,116,439
104,354
Y. 347,352
2,540,253
206,266
expenses
1
$1,689,254
t-
From Jan. 1—
•Net
ad¬
&
"
$2,117,029
oper.
ry.
■/
<■
railway.
railway—!!"!'
from
from
Net
;
$2,572,208
203,457
$3,806,021
ministrative
Other
7,644,792
9,781,443
$3,597,688
Total income
Selling,
i1
1939
1940
$9,292,634
10,225,117
•Other income'—.,.,—..
i
1941
$13,481,296 $10,664,757
$13,822,805
.
share of the common stock of the
Chesapeake & Ohio Ry. and 26.9 cents
Chesapeake Corp.
WH.-.-! 1
Chrysler Corp,—Tank^ Production Broke All Records
The
Alleghany Corp.,. principal company of the Robert R. Young
•$27,837; unamortized -debenture discount and expense,
$16,001; total,
interests, owns about 71% of the common stock of Chesapeake Corp.
Chrysler tank production broke all records Tn December, 1942, when
$8,587,277.
the number produced -in that, lponth,alone
Its shares of the Chesapeake Corp., which were on deposit as collateral
exceeded, the total number
V: - Liabilities—Accounts
payable, $1,210,909; salaries/ wages and other
behind the three Alleghany bond issues, were exchanged by the trustees ■■! of tanks rmanufactured by the company
during the entire year of
-compensation; $271,495; customers' credits (including $10,193 withheld
for the Chesapeake & Ohio Ry. stock.
1941, K. T. Keller, President, announced on Jan. 1.;. It had been
The C, & O. stock then was
from distributors on retail
paper purchased),
•substituted as security for the bonds.
$71,002; payroll taxes,
\
.
W,
..«*■;•- '(previously stated that at the end of 1941) Chrysler tank produetioh
$61,003;
estimated
liability for service and warranty adjustments,
On July 30, last, a partial liquidating dividend of 1/10 of a share
was; .already-; seven
months ahead of schedule and well Into, three
,$387,262;. accrued Federal capital stock and local taxes, $116,054;
of the C. & O, common stock was paid and 50 cents a "share in cash
figures. /■:;>
!■•
■:■'"■ '
■■■'.!•--'
accrued debenture and other
On E>ec. 28, '1942,- the corporation' broke all
interest, $20,532; Federal income taxes
for each share of Chesapeake Corp. stock.—V. 156, p. ,2096. w;
daily tank production
(estimated); $1,925,292; deferred liability, $34;927; 10-year 5% con¬
records by making almost twice as
many on that day as on any other
vertible; sinking fund debentures due Nov. .1,
day.
During the entire, month of December it made several "hundred
1945, $814,000; reserve
Chesapeake & Potomac Telephone Co. (Bait.)—Gain
-for operating and other
:mbre tanks thari, during its
contingencies,: $427,000; capital stock (issued
previous: best month.. '
<:
-••"!
>
in Phones—
>220,000 shares and reserved for conversion of"
!.
Mr.. Keller also pointed., out that
outstanding debentures
Chrysler in December-.broke all
32,560 shares), $1,100,000; capital surplus,
The company in December had a net gain of 2,578 stations, compared
.records v for
40-millimeter Bofors
$1,282,491; earned surplus,
anti-aircraft : gu"ns,
small
caliber
'$865,834;: capital stock in treasury
with 3,517 in December, 1941, and 2,242 in December, 1940.
(12
For-the : .ammunition, marine tractors, gyro-compasses, tank 1 engines and fireshares), J5r525; total, $8,587,277.—V. 156, p. 1740.
:
"
-fighting equipment.
•year 1942 the company had a net gain of 31,930 stations compared
1
1
".[\r ' :: ■!' c/v-'-:
Production of .small arms ammunition
with 35,247 in 1941 and 23,446 in 1940.—V, 156, p.
in December was high: in
Clinchfield RR.'—Earnings..eight'-.figures,- Mr. Keller stated..
'
for each
cash
in
share
common
of
"
,
.
.
_
t
.....
.
.
.
<■
,
!
The
.
ICC
on
issued
5
Dec.
permitting abandonment by
branch line of railroad extending from
Neb.—V.
9.77 miles,
in
Marine
County,
Harlem
set
1942
-
-
r
1941
-
!>/!! 1939::>->!
--.1940
Gross
from
railway,:,,
$2,156,566
$1,583,890
$1,362,852
334,086
357,531
$1,324,257
'325,382
income-!;,
383,257
52,100
v'
From Jan.! 1—.■' " W; '•■! .■"'.WW!::..! ■;.!'"•!y
Gross from railway——
21,523,867
16,941,021
Net
from
railway.!,!! ; 7,109,435
4,436,140
170,511
•
railway.—. ;
from
Net
ry.
817.173
:
oper.
•
135,232
■■-"WW'W yj W;
14,197,291
13,949,842
3,003,271
3,102,519
:
Net*ty. oper.• income!!!j*: 8,337,811 :1 l>748,481>"/ !715,i88
—V. 156,' p. 2216.
,
'
'
1942
Net
;:
>.
from
Sperry
ry.
235,183
350,676
8,185,970
6,730.812
4,732,695
16.616,739
4,716,252
3,102,965
2,726,007
1,416,370
1,506,137
156, p. 2035.-
'
v.-
began
coming
few months
off
ago,
Net
assembly lines
and by December
the
United
States
•
well
as
as
Iceland,
Alaska, Hawaii,
of this year
the
Net
Net
from
income!—;
oper.
-railway^..!!
oper. income—
Net ry.
156,
i94
:
1940
.
ammunition
•and
168.676
106,157
132,883
118,839
4,876,189-
4,293,201
3,492,440
2,277,054
1,955,502
1,507,741
980,801
1,083,921
899,003 ;
V
2,870
:p. 2036.
than
more
in
several
Not
November—1942
from
Net
from
oper.
ry.
1941
1940
$948,578
$798,466
363,107
244,106
234,868
106,081
115,531
10,594,368
9,844,288
3,436,033
8,625,809
615,386
664,490
546,649
369,733
446,435
:
$1,598,572
from
railway
27,692,938
FalftvAyjiJ.!!."." 12(643,989'
oper.
income...
20,618,634
8,618,094:
4,519,351
16,650,655;
16,245,585
6,302,673
2,572,981
1,707.879
2,324,606
1,996,442
1,090,900
299,603
$835,813
+
'
245.980
Time to
The"
from
Net
Net
—V.
from
ry.
railway.—.
railway-
oper.
incopie—.
157, p. 8.
■'
.
.it
_■
(-
■
_
^
,;
.
'
National
outstanding
first,
5,551,119
mortgage
Bank
&
p.
Trust
Co.
'
89.
of
•
.
New
4,407,418
20-year
: •
Chicago Mill & Lumber Co.—Earnings—
Period End. Sept! 30—
$615,075
(♦Net profit'
•
.
,
1942—3 Mos.—1941
"Years Ended Sept,
,v: '• *•
; ! •
—:__!
$875,008
expenses—1
418,322
£0—
profit
Sell., admin. & general
$591,118
;
v
1942
($612,144
.
Total ^income
$1,601,814
$456,686"
/Other Income.
1942—9 Mos.—1941.
!!!-:_;_>
.Other: deductions
Federal -taxes
on
„_!*
Pays 60-Cent Year-End Dividend—
The company
per
Dec.
share
15.
on
Dec. 21, last,
paid
a
year-end dividend 'of 60 cents
on the common stock, no par value, to
Distributions of 30 cents-per share were
Oct.
holders of
made
on
record
April
1,
1, 1942.
On Dec. 15, 1941, a year-end dividend of $1.10 per share was paid,
as
compared with 50 cents each on July 1 and Oct. 1, 1941.On
April 1, 1941, which was prior to the five-for-one stock split-up, a
distribution of $1.50 per share was made.—V. 154, p. 652.
■
July
1
and
.....
Net
Cash
dividends
§245,000
„
paid—-**.!
31,975_
9,870.
4
income
profit
-
$488,660
*After
charges but before Federal income and excess profits .taxes.
(After estimated income and excess profits taxes of $1,188,280.
fund
F
6%
Wail
■
St..
'
'
1940
$1,045,041
-
$673,445-
307,981
•
$132,56*8
52,661
>
77.630
.
■
.
$233,790.,., $433,547
193,632
270,824
•QYerprovisiqn for prior: years of $3,691.; SIncludes $125,000 for
profits taxes and a credit of $2,500 for post-war refund of
.profits ;taxr
:"
Vi
!
'
" '
Extended
its
.
has
received
.
additional. year
an
from
the
the balances remaining in its accounts
surplus" and "surplus prior to Jan. 1,
capital stock account.
common
SEC
desig¬
1938'*
The
had
company
carry-ont
received
year,Which
one
declaration
a
it
had
filed
expired
with
Dec.; 31,
the
_
creating the special accounts was to-free future earnings for dividends
make, provision for correcting or eliminating any debatable
,and--to,
item
its
in
investment
account,
Certain
adjustments" and deductions of the nature proposed have
to the "surplus accounts,
leaving balances remaining as at
(Oct.
31,
1942,
of $104,482,575
in
"special
capital
surplus,"
and
'$944,096 in "surplus prior to Jan. 1, 1938."
The company-explained
; that
unexpected delays and inability to obtain qualified help had
been
made
-
hindered
further
Columbia
;
V
jDrogress.—V. 156, p. 2304.
Oil
36,475
(17,309
$90,577
77,241
excess
excess
Note^-Proyisions for depreciation, amortization and
depletion charged
costs and other expenses'
during the year 1942 were as follows".
^Depreciation, $165,885; amortization, $8,366, and-depletion,-$8,687v
Stockholders
&
Gasoline
Corp.
:
—
:
*-
Dissolution
Plan
.'
.
.
of
the
corporation
at
an
adjourned
meeting
Dec.
:
31
(voted-to wind up-the affairs of the corporation and approved the SEG
plan for so doing under the Public Utility Holding Company Act.
:
The principal features of the plan are;
!■
surrender .by
(i), The
;
class
B
preferred
Columbia.
$144,362
'
Corp.- -Receives
■', • :
In
Commission,
:designed to reduce its common capital stock account from $194,349,005
:to $12,304,282, so as to create a ."special
capital surplus" of $182,044,723 and freezing for certain specified • purposes the balance in
its
•surplus of Dec. -31,• 1937. in the- amount of $13,261,609,■ in an account
designated "surplus prior to Jan. 1, 1938."
The
company
told the Commission the purpose of the move in
11,794
$726,106
(214,929
!
$440,549
r
371,596
Electric
capital
Approved—.
1941~~'
&
Y.
*'
•>.'•■
N.
-*
After-deducting cost of goods sold,'including materials; labor, manu¬
facturing and delivery "expenses,
(Includes $70,000 for excess profits
•'tax, and a-credit of $71 for overprovision for.prior year taxes.
(Less
-to
15
restore
:uspecial
to
Co.—Earnings—
Gperating profit
■
smallest
share.
a
The largest sale
shares.—V. 156,
Restore Balances—
must
it
,which»to
4,619,583
sinking
York, trustee, 46
■
Cleveland Builders Supply
■♦Gross
60 cents
was
■
nated
6,205,107
156, p. 2036.
City—V, 123,
;
-
2,929,686
The commission
Gas
corporation
before
From Jan. 1—
Gross
3,347,130
3,270,098
313,110
'
"
Cinema Building Corp., N. Y. City—Bonds Called—
8,562,759
3,511,138
income..!
556,055
( bonds due Aug. 1, 1945, have been called for
redemption as of Feb. 1,
1943, at 105 and interest.- Payment will be made at the
Commercial
1939
$1,041,653
390,993
291,846
railway*;.^
•railway....!
•
$1,506,842
811,906
income..!
All of the
>
3,985,508
shares and the
Columbia
,
'!
Gross
1940
$1,969,364
1,769,402
•;,/
ry.
V.
810,738
!•:',: 1941 :
'$3,046,166
•
From
Net. from
1,080,314
,
oper.
"
.1942
...
.
•Earnings
1939 •*
;
Chicago Indianapolis & Louisville Ry.—Earnings-
'Net
ry.
Gross
-
-
.
Net
■;:-,:
5,8.96,267
4,926,972
189 purchases by 42 firms.
were
fwas
of
:>
November—
!!! /(Gross from/railway..!!'
'Net
from
railway.!.!.-
-199,073
6,560,588
i
6,553,794
-V-t":!!!'->/ :Vv.-'>.y
15 minutes.
There
figures.
early as the
plants, Navy pontoons, air raid sirens,,
(powdered metal,; bomb, shackles, field
kitchens, marine
engines, many secret items, and is getting ready to produce aircraft
engines in1 Its huge new Dodge-Chicago plant.—V. 156, p. 2304.
war- parts
$392,221
124,026
309,659
7,685,920
,
,
1939
s
$464,846
-5,578,246
2304.
p.
I
$427,140
88,744
from
—V.
-;■/
215,102
.; From Jan. 1— ;:
;'•'!'
Gross from railway
;
Net
!
•
: $482,840
railway—
from
ry.
1942
■
railway——
3i7,oi8
Cluett Peabody & Co.—Special Offering—A special
/offering of 14,200 shares of common stock (no par) by
Hemphill, Noyes & Co. at $$4Vs per share on the New
rYork Stock Exchange Jan. "> 6 was sold in one hour
into five
Cincinnati New Orleans & Texas Pacific
Ry.-
Chicago & Illinois Midland Ry.—Earnirigs-f-;
2036.
p.
372,130
10.094,592
11,302.892
income...
oper.
T
$685,112
•367,455
v;
spring
well
'
November—
ry.
1939
$687,669
5,342,610
railway
'
railway.*...
from
Net
1940
-
$916,923
457,342
v
648,443
from,
•—V.156,
V
Gross
1941
$1,066,064
ry. oper. income—
505,009
From Jan. 1—. y■■;>>'-■
Gross
-units.',!,.,. ■. |
•:»
.-y,;;,;.
corporation is also turning out in large volume, Mr. Keller
pointed out, Martin' bomber, fuselage sections and bomber
wings by
its- De Soto division,, aircraft
landing gears by its Plymouth division,
•:;■;! 245,456
16,909,178
.
a
The
i". ( 553,062
19,571,663
:
23,080,872
of
part
more
from
railway.—
'Net
from
railway——
Net ry. oper. income—
V.
701,061'
:■-■■-
200,000
1—'C:'■';;
From Jan.
Gross
Gyro-Compasses
:!Dodge, .trucks for- war purposes began to be delivered as
•middle of.1939, and "through December of-this
year totaled
587,866 W
-
786,249
railway!—_!
oper. income— V 484,527
to
V-:-.
Australia and, Africa, was first produced in
'well in three figures," and by now-the total is
•
'Net
1942
..
railway....
railway^..!
,
every
831,220
1939 -7,
* 1940 *
$l,742,922r $1,573,624
1941
$1,755,679
rapidly
,
'
.$2,185,924
rose
•
Chicago" Great Western Ry.—Earnings—
>'•"■■■ November— >:
Gross from railway
and
schedules,- mounting even up to three figures, had been broken
and new ones were being set. •
:Tank engines made by the corporation, which have
been standard
equipment on Chrysler-built ('General Sherman" tanks,
began to be
produced in May of .1942, with
December-production almost'twice that
of any previous month. •
'
.
!-';/>;• Fire-fighting! equipment,- which is already in operation in almost
WW*
—
,
1942
December...
! all
.
•Net
from
•.Net
tractor-production began early in
.records.:in
.at the Chrysler Dodge-main, plant
Chicago & Eastern Illinois RR.—Earnings—
November—
new
Intricate
•
i
Gross
•Net : from
increased.-s
157, p. 8,
November—
,
by
certificate
a
the company of a portion of a
•Alma north to Huntley, approximately
.
Bofors gun manufacturing, he said, exceeded the best
previous month
more
than 18%.
Since February,
1942, when the first Bofors
"guns were delivered, -the .corporation's production-record has
steadily
Chicago Burlington & Quincy RR.—Abandonment—.
:
Oil
Columbia
stock-of
against
Oil
Panhandle
payment
of
to
Panhandle
Eastern
$1,000,000,
Eastern
beneficially
being the
'thereof,
of
the
owned" by
par
value
plus accrued dividends to the date of surrender;
.
(iiFThe sale by Columbia Oil to Phillips Petroleum Co. for the cash
of $10,436,826,
subject to interest' and dividend adjustments, of
the 404,326 shares' of corhmoh stock of Panhandle Eastern
beneficially
c
-
•
sum
.owned'by Columbia Oil, and, in addition, the: receipt by Columbia Oil
from Phillips Petroleum Co.,
as additional consideration,
of general
■releases
from
Columbia
Oil
Missouri-Kansas Pipe Line Co. and another,
Columbia Gas, their officers and
and
in favor of
directors, together
dismissing with prejudice the various actions insti¬
tuted against them by Missouri-Kansas Pipe Line and another; ■
(iii) The winding up of Columbia Oil and the disposition of its
'assets, as follows;
(a) Payment in full of all Columbia Oil's indebtedness,
including its
with
court
debentures
orders
held
by Columbia Gas;
THE COMMERCIAL & FINANCIAL CHRONICLE
130
Ry.—Earnings—
from
from
Net
Net ry,
6,746
railway-
-
railway--
from
1939
$116,746
2,061
17,468
13,210
*8,082
1,372,366
264,877
1,240,251
1,081,703
1,306,187
292,004
189,706
269,706
139,268
69,413
154,940
income
oper.
from
Gross
Net
railway-—-*
railwayL-1
^
1940
$102,812.
23,796
1941
$121,836
35,504
1942
$189,928
31,301
November—*
Gross
98,758
Net ry. oper income—
,
♦Deficit.—V. 156, p. 2036.
'
of this corporation changed hands
recently when the
holdings of John J. Ross and family were .acquired by
Carlisle & Hammond Co.' of Cleveland, Ohio.
Announcement
of the change of ownership was made
by C. Russell Feldmann, director
and principal stockholder of the 55-year-old Cleveland firm which will
entire
,
Columbia Oil.—V. 156, p. 2221,
Columbus & Greenville
ownership
amortization), $3,065; prepaid insur¬
ance, taxes, etc., $23,443; total, >$3,339,105.
Liabilities—Bills and accounts payable, $87,803; accrued payroll and
expenses, $58,045; accrued interest on 15-year convertible 5% deben¬
tures, $18,524; miscellaneous accrued taxes, $82,987; 3% certificate of,
Indebtedness due May 28, 1943, $105,652; reserve for Federal income
and excess profits taxes, $1,090,791;
reserve for reorganization ex¬
penses, $8,149; 15-year convertible 5% income debentures due Aug. 27,
1953, $1,258,225; reserve for contingencies, $75,000; capital, stock, $28,015; capital surplus, $148,560; e&rned surplus, $377,354; total, $3,locating machinery in 1939 (less
_
:
Detrola Corp., Detroit—New Control-
at estimated value,
all
of
at cost, less reserve for .obsolete stock,: $176,284; copper rolls,
$60,675; goodwill, trade-marks, etc., $1; cost of re¬
stores,
to the common stockholders of Columbia Oil in full
their rights and interest in the corporation of the
sum of
$1 per share net in cash;
•
(c) The transfer of all the remaining assets of Columbia Oil to
Columbia Gas as the holder of all the outstanding preferred stock of
Payment
(b)
settlement
Monday, January 11, 1943
339,105.—V. 155, p. 2364.
now
operate Detrola Corp. as a subsidiary company.
The. new President of Detrola Corp. is
Joseph J. Stephens of Cleve/
land, Who is Vice-President and General Managef of Strong, Carlisle Si
Hammond
Co.
Other officers of. the
corporation were announced as
Roger M. Daugherty, Vice-President in charge of
engineering;
W.,Keene Jackson, Vice-President in charge of
sales; William A. Alfs,
Orlin F. Schweitzer and Richard H.
Wann, Vice-Presidents; Lawrence
follows:
\
Consolidated Steel Corp.
V. Messersmith, Treasurer; R.
Schmelzer, Assistant Treasurer.
Ltd.—Annual Report—
On
/
Subsidiary)
(Including Wholly-Owned
stock
Strong,
board
the
of
directors
J.
Nixon,
..
Secretary,
Russell
P.
Russell
Zimmerman, Joseph j, Stephens/William
(Detroit "Free Press.")—V. 155, p, 1833,
31—
1942
1941
performed on contracts-—
.——--$121,981,890 $28,175,348
Cost of work performed
—————
115,414,276 26,047,394
Deprec. of oper. plant, mach... & equip.——
240,594
201,745
Belling and general office admin, expenses—512,372
466,907
Year Ended Aug.
and
■.
■
.
C.
are:
Feldmann, George J.
Alfs, and R. J. Nixon.
A.
Work
Proposed
Southern Ry.—Bond Extension
Colorado &
special meeting of stockholders has been called for Feb. 10 ih
• to
take action on a plan of the directors for extension of
maturities of bonds and modification of charges.
The stockholders
will be asked also to authorize the directors to effecuate the plan of
A
Denver
will be entitled to vote
adjustment.
Stockholders of record Jan. 11
the meeting.- ■
//;'■> ■
at
•
.
1942
Gross from railway---" $1,094,035
Net from
railway493,020
Net ry. oper. income—
409,714
1941 •
$687,171
9,623,910
3,425,343
railway—
from
Net
-■
oper. income—
2,480,414
♦Deficit.—V- 156, p. 2304.
f
,
'140,459
49,164
Net ry.
v
116,575
Mackubin, Legg & Co. state that under the offer
Manufacturers' Casualty Insurance Co., which
Consolidated Balance Sheet, Aug.
475,303
to stockholders of
expired Dec. ,23,
Liabilities—Notes
the
2
26
December
19
12—
186,151,000
182,191,000
—
5.7
6.9
10.6
7.0
159,425,000
168,275,000
170,216,000
170,454,000
——_
December
December
162,014,000
of 35
cents
on
—-
$
revenue
Operating expenses
Deprec. and amort—
General
Federal
Fed.
taxes
_
income
Gross
income
Net
4,547,827
3,958,685
1,511,451
976,813
976,813
520,181
281,380
20,300,027'■
.
47,694,601
17,697,243
On Jan.
11,720,927
2,896,217
1,673,037
——
ben
1,189,041
V.
V
construction—,
bond
on
174,214
—
27,475
Cr243,700
69,300
58,292
normal
tax
surtax for
and
the
It is the opinion of officers of company that there
Federal
profits
excess
tax
■
ten
Net
•
'■
earnings
the
Revenue
.'f
is
months
liability
of 1942.—
no
Act
;
:
-
1942—Month—1941
$61,269
22,454
v
1942—8 Mos.—1941
:
$507,901
197,717 :
$461,366
149,391
$310,184
$60,891
21,170
$39,721
$38,815
—-
V'
:
.
i
Power Co., Ltd.—Earnings—
earnings
Operating expenses
1
under
156, p. 2129.
Gross
Capitaliza¬
1'
127,648
Cr462,058
69,300
101,030
:
—
interest——:
Period End. Nov. 30—
$2,412,125
$311,975
Note—Operating expenses do not include income and excess profits
V.v.V.,
taxes.—V, 157, p. 40.
/■
■'-■'j.U
:
;,/>
Eastern Gas & Fuel Associates—Earnings—
:
12 Months Ended Nov. 30—
Total
consolidated
1942
■.
income
Federal taxes, current year—
1941
;
:
————$15,964,152 $14,270,889
;
4,630,632
2,337,483
"'.Balance-'$11,333,520 $11,933,401
and depletion-^-—4,999,299
4,449,076
.
:
V. 156, p.
A
5%
with
Net
Issue Filed—
Corp.—Debenture
company,
which packs, quick frozen
vegetables,
E.
H,
:
to
be
named
i
also registered
will be
under¬
y'.//'•/'-
; •: •.V"vv '
Ry. oper. revenues-^—
Ry. oper.
'Taxes
\
c
Delaware Lackawanna & Western RR.—^Promotions—
Net
Other
:
$2,436,207
$6.51
,
326,179
223,806
:yyy i,. ; '
Ry.-*-Earnirigs—
/,
1942—11 Mos.—1941
$7,309,223
'
4,532,390
960,956
$445,588
3,825
3,663
$2,327,297
41,596
$1,815,877
41,331
$151,516
$2,368,893
$1,857,208
29,471
Gross corp. income—
on
funded
debt,
.rents,' etc,
Depreciation*——_ -■
Prov, * for contingencies
$147,853
$449,413
profit--—
income——:—
35.077
350,473
~
Int.
,
7
-;; ;>/•
$646,760 $10,016,534
407,897
5,813,503
91,010
1,875,734
$995,573
*
expenses—_w
oper.
.
1942—Month—1941
promoted. '■■■„'.•y^'-'-y
Henry R. O'Hara, freight representative, Syracuse, N. Y., is pro*
.moted to/general agent/Albany, y0:
'■
'.
♦Net income
——
406,249
980.743
■?
275,QOO
-
$6G5,011
$21,542
$45,595
provision for retirement losses.—V.
♦Before
1,078,409
94,897
99,347
275,000
•
.; y ':'
1,108,742
6%
Eastern Massachusetts Street
by amendment, will help to underwrite the
r¥yr:'- y-Vy
to
$3,544,949
$3,007,417
1,108,729
—
Period End. Nov. 30—
j. V...
■
debentures.
avail,
591,438
requirements
4(4% prior pref. stock—
/—V.: 156, p.'2129.
Rollins & Sons, Inc., will underwrite the common stock and,
others
with
y'--"
yy:.
dividend
for
"
expense————--—*
pfd. stock bef. state
faxes on dividends^-—$1,898,688
Earned per share of 6 % pfd. stock-.
—
$5.07
47,215 shares (no par) common stock, 35,715 shares of which
reserved for conversion and 11,509 shares will be sold .through
writers.
and
income
Balance
registration statement (2-5078, Form A-2) covering $1,250,000 of
sinking fund convertible debentures due in 1954 was filed Dec. 29
the SEC by the corporation.
'>■■:'/■ / ''
V
The
366/ '
discount
Dividend require, on
*
.of electricity amounted to 152,400,000 kwh., compared with 155,100,000
kwh. for the corresponding week as last year, a decrease of 1.8%.—
y? • ;•
$6,734,325
2,588,792:
600,584
contingencies—
Balance
Debt
George R. Marr, city freight agent at Brooklyn, N. Y., Is promoted,
effective at once, to division freight agent, Newark, N. j;, succeeding
vT.-.L, Steele, resigned... ;
y, >
y
Harold J. Ambruster, chief clerk, service department, New York, is
promoted to city freight agent, Brooklyn.
>
*
Daniel L. Norton, general agent, Albany, N. Y., is transferred to
Toledo,
Ohio, as general agent,: succeeding Charles R. Hartshorn,
Inc.—Output—
The company on Jan. 6 announced that system
output of electricity
(Electricity generated and purchased) for the week ending Jan. 3, 1943,
jamounting to 157,300,000 kwh., compared with 156,400,000 kwh. for the
.Corresponding week of 1942, an increase of 0.5%.
Local distribution
y
$7,484,325
750,000
v" $6,084,221
tax
for
Interest
V'-y \;V,/y'>/'/.y':
1046.
Deerfield Packing
by
.
$6,334,221
250,000
Balance,-^.—w-w—w——-r—
Stock
;
:•.
'
Provision
Spencer Trask & Co. on the floor of the New York
Exchange.
Bids were received for 27,085 shares
and allotments were made on the basis of 55 4/10%.—
Vi:
•
received
y
assumed
L
—
charged to
East Kootenay
15,000 shares of common stock (no par) at $27, with
of 40 cents allowed, was made Jan. 5 by
10,780,011^ 12,078,103
Consolidated Edison Co. of New York,
■
™
—
commission
New York Curb Exchange that at a
special meeting held on Dec. 28 stockholders of the corporation ap¬
proved a plan involving transfer of the assets of the corporation to
Great American Industries, Inc., and the dissolution of the corporation.
Under the terms of the plan each* share of common stock of Con¬
necticut Telephone will be exchangeable for one share of capital stock
of Great American Industries, Inc.
:
"
y,:r- ':-yy"x
■
'
The
common
stock of Connecticut Telephone
will be suspended
/ The
common
stock of Connecticut Telephone has been suspended
from dealings on the Exchange.—V. 155, p. 2182.
V;, 157, p. 8.
for
Co.—Special Offering—A special offering of
Deere &
Connecticut Telephone & Electric Corp.—To Dissolve
has
debt————.
funded
on
192,927
$13,589,060 $12,631,831
2,450,000
2,450,000
315,884
315,884
—
♦provisions for Federal
stockholders will vote on> a proposal to decrease the
19 the
-
Net income$10,940,689;$9,954,579
Act.
■
y.:
$13,396,133 $12,504,183
ended Oct. 31, 1942 have been made on the basis of the 1942 Revenue
preferred stock, authorized but never issued; by retirement of 69,601
shares of 7% preferred stock exchanged for 5 % % preferred under the
recapitalization plan and including 5,823 shares held in treasury, and
the retirement of 91,546 shares of common stock, no longer required
for conversion of 5 xk % preferred stock to be retired.—V. 157, p. 8.
46,496,732
19,801,486
11,721,916
7,495,432
v
...
capital stock of the company from $35,110,179 to $25,926,810.
Capital
reduction would be effected by retirement Of 13,078 shares of 51/a%
20,223,936
15,553,315
12,068,206
8,261,904
The
Notice
■/:.y■
^
69,031,530
••
1942—3 Mos.—1941
$2,743,318
$918,360
k
Depreciation
deductions—
income
69,561,329
22,752,737
16,194,251
10,501,007
/
1942—Month—1941
$1,009,883
——-
2128.
p.
•
1941
'
./oR'
10%—
.
——
of debt discount and expense
interest
Other
("Toledo
company.
1861.■■■" >:/•/■•. ■ .'
tion—
weekly kilowatt-hour output of electric energy of ^subsidiaries of
this corporation, adjusted to show general business conditions of terri¬
tory served for the week ended Dec. 31, 1942, amounted to 207,025,090,
as
compared with 183,408,077 for the week ended Jan. 1, 1942, an
increase of 23,617,013, or 12.88%.—V. 157, p. 8.
,■
; ;
\,
Interest
Amort,
of
Weekly Output—
;
i
1,377,795
—
stock
subsidiaries
Other
1,760,620
3,101,691
/■:.■
-
pfd.
on
6,807,300
—
taxes
Interest
Divs.
$
15,628,295 187,003,954 171,635,623
6,164,589
2,497,601
3,628,076
";/>
taxes—
prof,
excess
:
Continental
the
1,764,844
——
Miscellaneous
Cuban American Sugar Co.—To Decrease
1942—12 Mos.—1941
$
16,838,094
——
156,
(& Subs.)—Earns.
1942—Month—1941
Period End. Nov. 30—
Gross
p.
Period End. Dec. 31—
Sales
—v.
Corp.
of
Division
156,
2,659,944
and
.....Gross .income
would continue the manu¬
1928,
Ohio, in
Crown Drug: Co.—December Sales Up
.
Southern
Container
"Blade.")—V.
the capital
stock, payable Feb. 1 to holders of record Jan. 15.
Like amounts were
disbursed on Aug. 1 and Nov. 2, last, as compared iyith 45 cents per
share
each quarter from 1939 to and including May 1,
1942.—
V. 157, p. 8.
Commonwealth &
from Toledo,
3,176,493
2,032,868
2,667,822
Total
of fiber drums with no change in personnel and will be known
the
as
share has been declared
per
Ohio,
Wert,
facture
Pay 35-Cent Dividend—
dividend
Co.
Container
the
;
Jan.
on
3,255,652
1,889,706
Net operating revenueother income- —I/—-.
;
Taxes
company of the Container Co/of Van Wert was
4 by H. A. Aggerss/ President and Treasurer of
Mr. Aggerss said the local plant moved to Van
Merger with this
announced
6,027,660
$40,049,850 $37,257,306
13,289,797 .11,718,580
2,225,102
2,369,565
Appropriation for retirement reserve-—
4,004,985
3,564,455
Amort, of utility plant acquisition adjustments
690
690
Taxes (other than income taxes)
2,640,542
2,538,618
•Provision for Federal income taxes——-.3,801,417
3,969,583
Provision for State income tax—691,183
591,631
Maintenance
Continental Can Co., Inc.—Acquisition-
% Increase
1941
1942
171,293,000
—•
—
240,289
6,783,529
>
Duquesne Light Co.—Earnings—
.
'.'v;
225,603
8,064,351
4,181,654
Year Ended Oct. 31—1942
Operating revenues
Operating expenses
Interest
Output—
182,868
7,593,467
-
company announced the dissolution of the Krebs Pigment &
Corp., which has been a wholly-owned subsidiary of du Pont
for eight years.—V. 156, p. 2222.
-
.
.
346,032
The
payable,
accounts
.
$685,095
364,777
Color
$3,554,725; common shares (241,617 shares, no par), $232,241;
surplus, $670,363; appropriated surplus, $1,491,932; total, $26,856,391.—V. 156, p. 1467.
of the past four
comparisons with last year:
Week Ended—
January
,
$6,000,000;
1939
$694,202
252,356
(E. I.) du Pont de Nemours & Co.—Unit Dissolved—
31, 1942
on
banks,
1940
$648,700
'
$1.73
-
free
following are the kilowatt-hour output totals
—Kilowatt-Hour
To
to
income
from
railwayNet
from
railway
Net ry. oper. income
V. 156, p. 2037.
trade
payable
railway—^-..
oper.
1941
$651,021
283,551
221,501
From Jan. 1—
par),
ago.
weeks and percentage
A
-
Earnings—
1942
1
railway
from
Gross
Including accrued items other than taxes, $8,134,543; dividends payable
Oct. 1,
1942, $62,208; accrued taxes, including pay roll and Federal
excess
profits and income taxes, $5,078,280; lemployees* deposits for
purchase of war bonds, $912,722; deferred income, $9,377; provision
for contingencies, $710,000; $1.75 preferred shares (142,189 shares, no
Commonwealth Edison group of com¬
panies, excluding sales to other electric utilities, for the week ended
Jan. 2 showed a 5.7% increase over the corresponding period of a
The
$5.17
from
Net ry.
notes and accounts receivable (in¬
facilities and production contracts
for, governmental departments and agencies and after $48,000 allowance
for bad debt losses). $6,620,911; other accounts receivable,
$14,130;
completed portion of uncompleted contracts
(costs sustained plus
profits
recorded, $125,958,435 ,less
$113,728,690 progress billings),
$12,229,745; inventories, $992,618; prepaid items, $137,430; employees'
war
bond account, $912,722; land (at costr $1,524,245 including un¬
used held for sale $988,099 and less provision for diminution" in valua¬
tion $643,435)/$880,810; plant and equipment (at cost, $4,180,354, in/
: eluding
non-operating buildings and improvements $206,890-and less
allowances for depreciation, $1,991,260 and amortization $15,696), $2,173,398; patents, $1; other assets, $900; total, $26,856,391.
;
Commonwealth Edison Co.—Weekly Output-
year
.
Assets—Cash, $2,893,726;
being held up for further papers.
There were nearly 1,100 individual
deposits made through 110 cooperating dealers, and only 1,878 shares
of stock deposited on which no dealer Commission was paid.—V. 156,
p. 2096.
of
-J—
cluding approximately $5,828,000
1942, the Commercial Credit Co. acquired 94,378 shares out of 100,000
shares outstanding at $40 per share.
Some additional deposits are
output
Net
$667,518
373,246
—-—$1,498,900
s
328,812
1
Earnings per common share—.
5,980,393
1,512,121
the
—-
————
dividends
Preferred
Commercial Credit Co.—Deposits Under Offer—
Electricity
income
Net
.111,084
5,952,021
947,345
*13,918
Gross
.
1939
$616,297
210,102
1940:
$659,214
198,751'
7,344,594
1,909,558
1,037,476
railway——
from
Gross
—
Earnings for November and Year to Date
v
November—
—_
■
Detroit Toledo & Ironton RR,
November—
$1,459,303
29,284
397,500
365,000
operations--—$5,814,648'
Other expenses less other income-——
125,748
Prov. for Federal income & excess profits tax.
3,845,000
Provision for contingencies
345,000
from
Profit
r
$470,216
156, p. 2037.
.
Consolidated Textile Co., Inc.—Earnings—
Years Ended—:
Gross sales,
less returns, disc. & allowances—
Cost of goods sold-
Selling and administrative expenses—
;
j:\y-
Aug. 31, '42 Aug. 30, '41
$9,608,507
$5,793,591
7,477,638
4,810,016
452,762
279,560
■
'
.•.
Earnings for November and Year to Date..
November—
1942
from
railway—
Net from railway--—
Net ry. oper. income—
Gross
1941
•
*
$6,001,171
1,981,685
1,027,236
$4,900,264
1,033,600
<
341,922
66,171,674
21,882,097
55,542,591
10,409,347
9,287,383
:
Eastern Sugar Associates (&
1940
1939
$4,265,246
1,224,286
761,914
$4,521,626
1,209,095
711,293
47,386,268
-11,130,585
5,878,891
46,094,259
Income
10,910,003
Compensation rec.
-
.
Years Ended June 30—
i
Total
——"
Profit
income
———
:
.
$1,705,107
$704,015
—16,323
11,702
$1,721,430
Provision for depreciation of fixed assets-
$715,717
78 507
64/779
53*256
from
railway—Net
from railway
Net ry. oper. income—
—V. 157, P. 40.
16,199,930
Interest
Interest
——
_____
certificate
on
on
debentures
of
(net)
—
indebtedness————_
—
—
tProvision
_
for contingencies
3 750
6 562
63*296
—
Provision, for estimated Federal income taxes—
Excess profits taxes—
70 351
Total
175^000
900,000
______
120*000
131*000
50,000
Duluth Missahe & Iron Range
Net
Net
from- railway
from' railway——,
ry.
oper.
income-*
Interest
Ry.—Earnings1940
$2,114,411
1941
$4,054,175
2,437,806
1,067,249
$3,792,513
2,469,772
1,684,351
1,325,419
763,125
43,424,777
35,869,655
24,327,035
15,951,173
27,395,906
17,965,266
12,787,642
.
1,331,444
813,687
From Jan. 1—
Profit
for
the
year
__—$436,097
*$215,066
♦The 1941 accounts have been revised above in
respect of the pro¬
portionate amount, $8,729 of the depreciation adjustment charged to
surplus in the year ended Aug. 31, 1942.
tFor possible future decline in market value of inventories.
Note—The post war refund for excess profits taxes
amounting to
approximately $6,000, to which the company will be entitled under the
provisions of the Revenue Act of 1942, has not been included in the
above statements.
Balance Sheet, Aug. 31, 1942
Assets—Cash in bank and
hand, $594,105; U. S. Government se¬
curities, $716,220; due from factors, $335,905; miscellaneous accounts
receivable, $8,123; inventories, $621,410; special cash deposits
$667*
operating plants, furniture and fixtures (net), $799,207; supplies and
on
Gross
from
_
28,791,462
8,091,460
10,516,733
7,860,976
*
Net
from
from
$322,217
$201,275
106,096
31,368
644
90,120
12,823
*16,776
3,917,004
3,148,011
■
867,593
647,689
oper. income
From Jan. 1—
Gross
from
railway
Net • from railway——
Net ry. oper. income—
$195,5i0
$279,104
41,178
20,259
railway
railway-;
Net ry.
1,167,477
♦Deficit.—V. 156, p. 2037.
877,033
-
•
•
2,438,019
509,585
301,840
-
81,701
$4,662,128.
$6,567,024
5,155,506
453,442
$5,848,205
5,122,296
466,003
$5,066,079
4,581,131
575,617
$958,077
$259,906
§$90,669
12,450
276,247
43,581
tf>r3,792
558,434
*73,274
$1,528,582
312,000
$1,234,324
$299,695
43,000
$541,037
248,000
$986,324
$256,695
$474,039
——
mfg., etc.
—
Profit
prior
on
crop
—
on
$9,273,986
7,318,951
38,800)
403,951
400,104)
———,—
Balance, -profit
invest,
Total
Prov.
for
for
Net
1939
1940
1941
99,439
$5,395,180
453,025
440,019
year's
—-
(net)
18,465,819
Duluth South Shore & Atlantic Ry.—Earnings1942
1939
92,162
$6,144,807
442,216
120,112
$8,833,967
.
—
paid
Prov.
November—
Gross
v
Profit
railway—*
Net
from railway*—
Net ry. oper. income—
—V. 156, p. 2037.
1940
1941
$1,516,132
operations
Income
Depreciation
1939
$2,278,448.
1942
November—
Subs.) —Earnings—
sugar
.—
from
Cost of prod.,
Gross
1942
5,488,854
*69 482
Factoring, discount and interest
Gross
.
(f a c t o r y
produced
weight)
From Jan. 1—
Balance
Miscellaneous
of
tons
:
—
income-taxes
contingencies
profit
-
67,000
150,000
$1,066,582
investment, less approximately one-half of loss on dis¬
mantlement of Central Defensa.
tRemainder of loss on dismantlement
.of Central Defensa (less recovery on jute bag claim).
§Loss.
*
♦Profit
on
Balance Sheet,
June 30, 1942
2,159,825
,278,281
Assets—Cash, $276,439;-accounts receivable (lncl. $440,019 compen¬
sation from U. S. Government), $649,214; sugar and molasses on hand,
65,924
! $3,630,536; planters' accounts, $83,617; materials and supplies, $702,762,;
growing cane, $664,786; deposits to cover certain contested claims,
Volume
of
depreciation
(less reserve for depreciation of $4,901,518),
expropriated by U. S. Government, $227,682;
plant
erties
to
profit and
Liabilities—Bank
*
deferred charges
Dec.
paid
accruals
and
accounts
last,
stock
Dee.
on
15,
Period End. Nov. 30—
Operating
revenues
1942—12 Mos.—1941
Net
oper.
217,355
479,915
1,915,320
on
(net),
on
extra
50
cents
share.—V.
a
156,
per
The
directors recently
(500,000
at
Retire,
paid
Oct. 1, last, and $1
on
65,500
$208,548
$161,621
$1,852,059
40,664
36,224
453,180
95
385
13,621
$167,789
$125,012
quarters.—V.
156,
.
X."
Gross income
;
Interest.
& amortization
Miscell.
deductions
'
Balance
Preferred dividend deductions, B. V. G. &
'
13,181
77,652
Holding
Total
$1,307,606';'$1,518,820
Balance-
Applicable'to minority interest—:
tion
290,460-
v
-
156,
2222.
p.
,
,
.
'
„
roundly
:$1,436,415< $1,648,288
Balance available for dividends and surplus—;
5'/2r/o
sale
"
of
(The
:
Realty
Eaton
T.)
Toronto
Co.,' Ltd.,
—
for
Bonds
'*
called
been
for
preferred
sale
the
of
redemption as of Jan.
.
its
of
date
Federal
t
U.
The
by
the
U.
Samuel
Circuit
S.
S.
District
Okin,
on-Jan.
suit brought
a
Electric
of
stockholders in
5
Bond
effort to
an
reversed
by
Share
&
Co.,
-
14,
last.
Circuit
The
Court held
With
of
dismissed.—V.
156,
2129.
p.
Fiscal Year Ended
♦Profit
the
stock
the
are
the
•
Gas
held
dividend
holders
security
Southern
d——
Balance
-V.
in
proceeds
then
156, p. 2305.
York
ICC
2
issued
certificate
v
Dora
Mt.
to
Counties,
•
sub¬
and
N.
Mex.
to
Clayton
to
to
it
provide
its
v
The
is
be
accorded
the
no
intention
from
time
of
by
such
sale,
;
Federal,
by
it
of
dissolved
be
or
Operating
revenues
"
_
$682,141
"
.
'
148,881
30,673
82,105
57,499
169,697
-
103,689
for retire,'
Pepr.—prov.;
Taxes
Net
oper.
Explor,
costs.
V
'6,631
The
$2,560,1348
$2,805,419
:
52,306
.
to
in
,v
and
Gross
Total
Net
income
Bal.
$185,464
:Mv 36,657
$2,747,678
496,876
div.
for
... 4
$194,313
$148,808
$2,250,802
of
stock
8,632
103,579
com.
divs.
■
$185,682
is
as
Federal
for
follows:
inc.
excess
Totals
tax
&
tax,
$2,147,223
surtax
.!
$82,450.
.
——
1
of
$956,892
773,287
$164,173
$86,865
$1,730,179
$990,193
comparisons, provisions for Federal income and
excess
profits taxes for the month of October, 1941, and the 12
months ended Oct. 31,' 1941 and Oct. 31,
1942, have been adjusted
to
reflect entries
effecting adjustments necessitated by changes in
.
preserve
laws
tax
period
having
retroactive
application.—V.
156,
p.
1932,
to
be
and
closed-end,
was
of
an
the
Net
corporation
registered under the Investment Company Act of 1940 as a
non-diversified, management company.
All of Its stock
The latter corporation on Sept. 25,
consented
issued by
to
its
dissolution
and
a
certificate
of
dissolution
the Secretary of State of the State of New Jersey.
p.
of
was
•
.
',
\
year-end
a
no
par
value,
directors
have declared
an
extra
dividend of 25
*'v
*'
p.
155.
14'/2
and
connection
total,
accrued
and
salaries
miscellaneous
and
excess
$33,823;
profits
preferred
shares
with
per
and
wages,
Federal
taxes,
stock
$2,900;
common,
preferred
stock,
$5,309,768.—V. 156,
taxes*
$513,000;
($100
etc.
discount
(not
being
and
amor¬
1606.
p.
-Earnings-
1942
1941
1940
1939
$2,006,843
$843,658
$725,815
130,461
174,303
602,125
income—
$841,343
943,514
89,718
87,733
160,490
74,333
railway.—
156,
18,174,143
9,692,241
8,351,200
2,555,103
2,121,202
1,931,418
6,166,466
income—
10,302,653
,3,855,246
railway
1,294,894
784,127
617,273
2038.
p.
Florida Power & Light Co.
■
dividend
of
45
cents
•
Period End. Nov. 30—
V
Earnings—
1942—Month—1941
was
1942—12 Mos.—1941
V
on
and
Oct.
income
tax.
taxes
this
-
Net
of
Subs.)
2,525,771
1,040,606
470,000
358;609
Jan:
for Federal
with
compares
31,
taxes
'
946,231
$0.68
income.
on
net"
working
Net
working
capital
of
of
that
$6,052,549
115
2,439
$269,376
$6,173,949
$6,054,988
j
17,354
13,810
41,749
742,267
$513,730
on
$283,186
$6,215,698
$6,797,255
216,667
216,667
2,600,000
2,600,000
110,000
110,000
1,320,000
1,320,000
28,772
Int.
27,792
353,031
337,579
Cr8,397
-
mtge. bonds
debenture
int.
bonds
.
Cr28,44G
Cr44,343
$1,971,113
$1584,019
deducts.
and
charged
to
con¬
struction
Net
income
Dividends
$158,291
applie. to
pfd. stocks
for
♦$62,876
the period
1,153,008
1,153,008
$818,105
$1,431,011
$0.31
capital
$29,413,127
of
$38,-
Balance
as
of
♦Loss.—V.
156, p. 2305.
Florsheim Shoe Co.—EarningsYears Ended Oct. 31—
Gross
1942
profit———
Operating
expenses
Other
Other
$2,786,228
1,570,154
1,545,519
$1,297,227
$1,240,708
Federal
taxes
——T_
,
99,914
126,198
81,967
$1,831,324
$1,423,425
$1,322,675
23,336
26,585
112,194
124,484
:
♦970,700
$1,098,231
899,749
799,273
799,440
$338,991
$298,958
$198,751
$2.58
$3.10
$2.74
$2.49
$1.29
—
213,000
$1,238,739
$233,600
Net profit — —
Common dividends
♦566,000
$1,031,770
798,170
—
'jf
Fiduciary Corp.—To Dissolve—
$1,731,410
137,185
$2,025,805
—
charges.
1939
$2,867,381
1,770,793
—
income
1940
$3,502,202
1,572,298
$1,888,621
income
Total
1941
$3,460,919
__
for
operating purposes, the com¬
pany has adopted a new fiscal year to terminate on July 31 of each
year instead of Jan. 31. The fiscal year for Federal tax purposes, how¬
ever. continues to terminate on Jan. 31 of each year.—V. 156, p. 2366.
;
$6,173,834
$496,376
Operating profit
announced
$269,262
(net)—_
income
on
Int.
1942.
Note—It was, also
2,083,333
1,975,133
1,619,240
plant
inc.
income
Int.
V $525,077
951,927
_i_
158,333
$496,376
revs-
lease
Gross
45,529
minority interests
979,461
175,000
—
(net)
Other
164,511
&
912,225
res.
1941
$570,606
subs.
1,934,237
113,317
114
oper.
fr.
Operating
L-——$868,110
divs.
178,247
55,166
taxes
Rent
31,
1,493,150
•
146,550
—
appropriation
-
1942
$1,306,762 $17,641,782 $17,152,738
587,603
6,538,153
6,526,355
505,494
expenses.—
per
made
31
$1,378,586
revenues
taxes
Property retirement
payable Jan. 29 to holders
$1,032,621
reserves,
$1.55
$1.37
$1.25
200,000
.
$998,191
•
A
meeting of the stockholders has been called for Jan. 20 to vote
plan to dissolve the corporation and to distribute the stock of
the Fiduciary Trust Co. of New York to its stockholders.
The
corporation now owns all
the stock
of
the
trust
company,
on
a
directors'
except
qualifying
414
shares.
Net
sales
July 31—
(includ.
sales
Cost of goods sold
Depreciation and
Taxes
of
1942
leased
departments)
and expenses
000
shrs.
stock
cl. B
235,293
467,608
taxes)__
the
year
income
Net
income
—
39,514
ury
495
80,135
Br4,791
$83,830
160,300
Federal normal and surtax-
32,000
excess
profits tax—^
!___
288,450
income
$336,309
—
accounts
on
demand
$51,830
receivable,
deposit
$2,288,036;
and
on
inventories
hand,
on
$915,415;
hand
and
customers'
in
transit,
$7,120,945; sudry debtors, $128,373; other assets, $1,536,931; fixed assets
in 1942 and $149,-
has
been
Sheet
As
At
tax
saving
notes
(series
$1,619,434;
F),
accounts
accounts
B
and
Oct.
81,
1942
$1,758,258; United States Treas¬
C,
and
defense
savings
bonds,
and
notes receivable (including $543,companies), less reserve, $2,686,404;
merchandise inventories, $3,556,385; post-war credit on Federal excessof
affiliated
miscellaneous receivables and securities, etc. (less
and advances to affiliated companies,
reserve), $34,997; investments in
$1,115,273;
sundry notes receivable,
secured by pledges of capital stock
companies (less reserve), $59,477; due by employees for
A shares of company's capital stock, $17,874; com¬
pany's capital stock (class A) purchased for resale to employees (1,015
of
Comparative Consolidated Balance Sheet, July 31, 1942
Assets—Cash
$47,257
•'
current
affiliated
purchase
share
to
provided during
1942 and is included in the operating expenses and/or cost of
profits taxes, $9,300;
1
amounting
Balance
$88,621
$785,059
_____
(less post-war credit of $9,300)
profits tax.
Assets—Cash in banks and on hand,
514,644
series
Other
excess
238,398
42,886
Profit
1941
goods sold.
$704,924
—
in
Note—Depreciation
1941
$19,886,139 $17,943,285
18,435,427
17,062,107
amortization
(other than Federal income
Interest paid—
Net
cents
from
from
Federal
/-
similar'year-end distribution
31—
profit
Federal
"and the usual quarterly dividend of like amount on the common stock,
mo
par
value, both payable Jan. 30 to holders of record Jan. 16.
An extra of 25 cents per share was also paid on Jan. 31, last.—V. 155,
de¬
1041
„
par),
(75,000 shares,
no
par),
$1,100;
earned
statement), $355,307;
treasury stock, 29
stock
railway-
oper.
Operating
Operating
sub¬
Employers' Group Associates—Extra Dividend—
The
-
2130.
The com¬
has distributed its assets to its sole stockholder. Empire Power
Corp., and has paid or provided for the payment of all of its debts.
pany
*
sacks,
railway.
ry; oper.
—V.
$60,052,864 $54,895,039
6 Months Ended
investment company
and
total, $5,309,768.
$66,632;
♦Includes $505,700
owned by Empire Power Corp.
1942,
Operations
156,
(Wm.) Filene's Sons Co. (& Subs.)—Earnings—
for an order declaring that it has
within the meaning of Investment
Company Act of 1940 has been granted by the SEC.
Empire Investment Corp. was organized in New Jersey on Dec. 16,
Application
in
from
ry.
Net
2222.
Empire Investment Corp.—Dissolved—
ceased
depreciation
Sheet, Dec. 31
taxes
income
accompanying
preferred
Gross
.
♦For the 6 months period ended July 31, 1941, the company reported
a net profit of $289,736, or 63 cents a common
share, but the adoption
of the "last-in first-out" method of
inventory valuation resulted in a
reduction of $304,659.'
^
'
The
current
assets
on
July 31, 1942 were $47,083,787 including
$9,331,065 in cash.
Current liabilities
totalled $8,725,178
including
profits
186,780
for
From Jan. 1—
,
$803,413
y.
stock,
profits before prov. for Fed.
Net
1942—12 Mos.—1941
17,929
local
returnable
common
from
Net
,;
Stores, Inc.—Year-End Div.—
declared
A
r
J
Outstanding common shares
♦Earnings per common share
$2,020,769
excess
$68,935
81,722
tax
and
18.
•
"•
..
States.—V.
Profit
•
1942—Month—1941
surtax
profits
—
income
$140,176
■'
Period End. Oct. 31—
Fed.
Fed.
.
.
'
service.
sewer
14
sales
Preferred
103,579
&
payable,
Federal
$691,929;
Gross
Other
$2,124,348
8,632
WW*
have
common
Jan.
Federal, income
432,171
require.—
charges
$23,907;
expenses,
November—
distributed
distribution of water,, production and
and
gas
within
Jan.
on
Total
$2,556,519
54,248
the
6 Mos. Ended July
88,561
$248,561
—
Note—Provision
To
Dr5,436
deducs.—
surplus
tax
21,251
$12.45
includes
Florida East Coast Ry.
such
appropriate company.,
Consolidated ^ Incomes Statement-. (Incl,
Net
$2,467,958
Drl,386
income
income
Pfd.J stk
'
$2,753,113
income
Other
.
$164,213
are'engaged in
natural
directors
on
I
92,689
$249,947
263,000
,
Peoples
that
dispose of its
feasible and will
*
for
524,696
accrued
per
tized),
Net
distribution.
adjustment
share
statement
for
commission
sell
favorable
as
-
31, last year, while on April 30, July
1942, quarterly payments of 35 cents each were made.
"
Balance
are
record
issue
974,731 fvy 737,770
1.980,294
1,122,883
7.559
:
water,
as
Federated Department
of
$6,571,732
1,931,056
1,878,197.
250,916 -v 272,234
'
?!
$171,772
$256,578
revenues—
devel.
&;
:
remainder
of
share
$7,942,416
146,703
24,879
Operation
Maintenance
such
$11,332
$575,164
and other
$5,000,000;
surplus
.
an
(less
—
preferred
accrued
shares
the latter will
with
merged
surtax
238,668
$18,323;
provision
necessary
Federal
holders
and
dividend
per
$16,411;
equitable
proposed
$1,074,069
—
2,762
Liabilities—Accounts
company,
eventually
security
Federal,
.
1942—12 Mos;—1941 £■.
$510,336
businesses,
profit
insurance
etc.,
Corp.
recognition
-
-
Assets—Cash
interests
and
Brook
is
securities
'
t
(& Subs.)—Earnings—
(Del.)
1942—Month—1941
;
357,200
in banks and on hand, $762,037; Federal tax
anticipa¬
certificates
(and accrued interest thereon), $150,240; customers'
accounts, $223,611; customers' notes, $4,134; miscellaneous receivables,
$3,629;
reserve
for
bad
debts,
$27,041;
reserve
for
discounts,
$5,780; inventories, $778,960; investment in stock of other company,
at cost, $2,050;
plant, properties and quarry lands, $3,394,020; prepaid
of
order requir¬
time
to
•:
v
3,142,099
expenses
Consolidated Balance
sold through sale wherever
Security holders,1 or where no sale is feasible
themselves to its own shareholders.
Federal will
conducted
t
Dora,
133, p. 2600.
EI Paso Natural Gas Co.
1941
$4,573,369
pletion aggregating $171,800.
stock¬
the
of
.
to
Net
Other
•
Colfax
;v
given permission to abandon operation under
line of The Colorado & Southern Ry. from
approximately 17.34 miles, in Union County,
Period End. Oct. 31—
31,
ship-
on
tax.——.
Note—Above
to
sidiaries
^
:
prepaid freight
tion
find
fair
a
- ;
'
Scranton-Spring
of
owned
transmission
the
over
Mt,
Mex.—V.
N.
and
Union
Dec.
1
also
was
rights
in
Ended
allowances_______________
years)
profits
Earned
•
other
(& Subs.)—Earnings—
Year
$1,076,832
sales
Service
an
shall
theretofore
either
and
permitting
approximately 35.64- miles,
Farley,
The Santa Fe
trackage
a
$5,319,876
(net)—
normal
prior
owns
and controls 33 subsidiaries,
10 of which are public
companies: within the meaning of the Holding Company Act
engaged in natural or manufactured gas business or electric business
^
abandonment by
the Elkhart & Santa Fe Ry., and abandonment of operation thereof
by the Atchison Topeka & Santa Fe Ry Co., of the lines of railroad
extending (1) from Boise City to Clayton, approximately 42.37 miles,
in Cimarron County, Okla., and Union County, N. Mex., and (2) from
Jan.
on
$6,199,535
profit
Excess
Federal
Elkhart & Santa Fe Ry.—Abandonment— '
The
and
from operations.
income
Net
utility
'
to
Federal
West
a
number
a
Water
Commission
system
assets
Gas
securities
not
1942—12 Mos—1941
$917,623
Statement,
discounts
(incl. $775,683
customers).
Net profit
Other
Co.
security holders
Federal
York
distribution
Natural
distribute
£25,178
£52,674
and
Co.,
dispose of its
Service
New
as
of Federal.
assets
>
by
so
among
disposed
recapitalized and
14,317S
.87,086
/
Corp.
Gas
interests
its
Water
the
not
87,086
13,800
-
—
dividend
Service
consent to entry of
presented.
distribute
Preference
Common
of
of
will
However,
that
are
be
.'.Following
£ 126,581
power
New
event
&
Income
less
goods sold
ments
by Federal of Union
Federal is negotiating
Natural
It also plans to
steps as
structure
voting
of
to
1941
of
opportunities
;•
of
Preferred
such
recapitalization.
companies
1942
Water
Southern
recapitalization
take
common
such
sales,
Selling, general and administrative
owned
addition,
Ohio
to
Alabama
and
the capital
properties
In
—£ 153,560
to
change
-
Sept. 30—
to
respect
distribution
Electric & Musical Industries, Ltd.—Earnings—
:
companies.
Co.
to
cir¬
Water
.
In
dispose
from
management
SEC, that the letters sent by Mr. Okin were misleading and in
violation of the regulations of the SEC, the action should not have
been
such
Water
ing them
meeting scheduled
under the contention
that,
to
proposes
Federal and New York Water
the
of
in
Corp.
to sell
dismissal
to enjoin
a
the SEC
prevent the
'
fixing
orders
water companies,
provided, however, that disposition by way
Sale
of' securities of Pennsylvania Water
Service
Co.,
ScrantonSpring Brook Water Service Co., Peoples Water & Gas Co. and New
York Water Service Corp. shall not be
effected, except after a recapi¬
obtaining proxies for the annual stockholders'
Oct.
for
of
Court,
stockholder
a
cularizing other
from
of Appeals
Court
\
Cost
Sec¬
of
in Winton
Overruled—
interests
proposes
also
talization
Share Co.—SEC
Electric Bond &
Consolidated
other
to Jan. 23, 1943, and will receive payment'of the v
with accrued inteiest on said principal to' the-f
surrender.—V. 128, p. 1913.
■y:> '
together
such
$1,200,000.
Service
also
stocks
common
Thereafter, upon payment of its outstanding debentures
referred to, Federal will in partial liquidation distribute to
holders its holdings of stock of Southern Natural Gas Co.
time prior
any
principal,
and
for
Co.
Water
Federal
1942—Month—1941
$1,048,310
——________
Gross
sidiary, its investments in Chattanooga Gas Co. and Mississippi Public
Service Co., and also proposes to
sell the Mississippi properties of
Peoples Water & Gas Co. to the Southern Natural Gas Co. system.
29, 1943, a total
of $260,000 first mortgage 4(tt sinking fund bonds due 1951 at 100 and
interest.
Payment will be made at any branch in Canada (Yukon
Territory excepted) of The Dominion Bank, Bank of Montreal and The
Royal Bank of Canada.
'•'■,/
• l.
V .-V'
1
Any bondholder desiring to surrender; any of the bonds called for'
redemption Jan. 29, 1943, prior to that date, may do so at the
National Trust Co., Ltd., trustee, 20 King Street East, Toronto, Canada,
at
1941, were roundly $204,910,000.
filed voluntarily by the company ;under
157, p. 40.
156, p. 2130.
inter-company
under both Section 11 B-(l)—geographic Jnte11-B-I2)—corporate simplication.
The Commission conproceedings with those in respect to plan filed by
and set hearing for Jan. 18, 1943.
Service
Virginia
Called—
have
after
own
"
There
system
company
proposes to sell sufficient assets to provide funds to retire
debentures, series due 1954, now outstanding in amount of
$4,600,000.
A contract has already been made covering the
the
Water
made.—V.
was
Florida Portland! Cement Co.
31,
Was
per share
company
its
company
its
_______
—V.
Dec.
have
Period End. Dec. 31—
holding
of
cents
—V.
Federal
.157,434
141,699
Expenses, taxes and interest----—;
the
$1,805,721
$1,578,115,
2130.
directors
Sales
of 1935,
providing
the
Holding Company Act, the Commission in
hearing simultaneously entered "death sentence"
a
the
solidated
the
plan
gration—and
,
shares), $5,000,000; earned surplus (including $800,000
and $800,000 at Jan. 31, 1942,
representing the par
stock reacquired), $4,180,783; total, $18,706,866.—
(M. II.) Fishman Co., Inc.—December Sales—
sentence"
"death
Act
of
as
of
for
against
$1,495,897
309,824
$1,287,654
■
11-E
date
a
Applicable to E. U. A.———,
Non-subsidiary income —,
1942
156, p.
of 50
.
with
Company
assets
.While; the
22,923
•<19,951
par
preferred
declared a dividend of 37Vi cents per share on
common stock, par
$10, payable Jan. 20 to holders of record Jan. 9.
Quarterly distributions of 25 cents each were made on Jan. 20, April 20,
July 20 and Oct. 20, 1942, and on Dec. 28, 1942, a year-end payment
2037.
p.
"
;
compliance
eliminations
I
of
The
provisions of Public
the corporation has filed a
voluntary plan with the SEC
for disposition by Federal of
all of its interest in. subsidiary companies and its
subsequent elimina¬
tion either by dissolution or by merger with an
appropriate company.
$1,596,472
' '77,652
$1,385,258
.
E. CO.
effect
To
Utility
-
$1;
the
share in
per
$2,044,372
'434,719
61,800
accruals
reserve
no
July 31,
To Comply with "Death Sentence"—To Sell Water
Prop¬
erties—
■<, /■
'1
■
$2,597,359
745,300
will,
Firestone Tire & Rubber Co.—37%-Cent Dividend—
a dividend of 50 cents per share on
payable Jan. 2 to holders of record Dec. 24.
with 75 cents
$2,831,362
786,990
4,323
good
additional tax assessments,
$77,463; reserve for contingencies, $200,000;
preferred cumulative stock (par $100), $4,200,000; common stock
declared
the common stock, par $25,
preceding
$227,121
$11,654;
4%%
Federal Water & Gas Corp.—Files Program With SEC
:
etc.,
expenses,
(bank), $500,000; accounts payable (trade),
$1,641,805; accrued compensation, $111,005; accrued Federal income
taxes, $519,586; accrued taxes (other than income taxes), $229,944;
accrued
interest, $12,110; miscellaneous accrued expenses, $37,708;
portion of long-term indebtedness due within one year,
$42,000; sundry
creditors, $102,463; long-term debt, $1,852,000; reserve for possible
value
$2,680,142
151,220
58,853
i
Balance
inventory, $309,408; prepaid real estate
insurance, $145,996; miscellaneous prepaid
organization
Liabilities—Note payable
1773;
p.
supplies
prepaid
$72,233;
total, $18,706,866.
*
was
$193,281;
expenses,
was
1941.
$5,984,593;
taxes,
paid
was
similar
$2,328,747
268,612
$222,798
$270,348
(net)
A
Fall River Electric Light Co.—Smaller Dividend—
This compares
$211,495
revenues-^,
income
£Jon-oper.
42,702
111,746
taxes)
share
per
17.
131
V.
4,916,832
428,437
2,230,765
6,190,882
'40,590
Maintenance
(incl. inc.
Taxes
406,468
566,644
$3
Dec.
V. 155, p. 1834.
$889,324 $10,914,864 $10,256,176
$930,476
of
record
.
(& Subs*)—Earnings
1942—Month—1941
—
_T—.— •
of
Fajardo Sugar Co.—Special Offering—A special offer¬
ing of 5,200 shares of common stock (par $20) was made
on the New York Stock
Exchange Jan. 6 by Gude, Winmill & Co. at 21% and was completed in 18 minutes.
..
Operation
Co.—Pays Extra Dividend
dividend
holders
is also paying regular quarterly dividends of $2.50
Jan. 15, April 15, July 15 and Oct. 15.—V. 152, p. 425.
The concession
Eastern Utilities Associates
extra
an
to
company
share
payable (Including mortgage installments of $12,500, due Dec. 31,
1942), $424,709; reserve for Puerto Rico income taxes, $287,526; other
reserves,
$321,484;
purchase
money
mortgages,
$87,500;
preferred
shares ($1 par), $107,736; common shares ($1 par), $143,517; capital
surplus, $7,194,378;
earned surplus, $4,604,919; total, $14,692,007.—
V. 156, p. 2129.
18,
common
The
$1,520,239;
indebtedness,
On
the
total. $14,692,007.
$70,731;
loss,
Exeter & Hampton Electric
animals and equipment (less reserve
of $386,316), $539,935; property and
$7,720,502; prop¬
$39,696;
equipment
investments,
$85,707;
for
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
of
class
•shares), $19,909; fixed assets (net), $1,010,590; advanced traveling and
other expenses, $24,792; total, $11,912,693.
1
Liabilities—Accounts
salesmen's
commissions,
payable,
etc.,
etc.,
$225,595;
$540,738;
accrued
payrolls,
taxes,
salaries,
$133,743;
ac-
THE COMMERCIAL & FINANCIAL CHRONICLE
132
crued
Consolidated
affiliated companies, $8,502; Federal, taxes on incomq
class A common stock (236,293 shares no par),,
losses
Years Ended
1942
Sept. 30—
United
hand_
Government
States
♦Customers
$13,472,194 $10,386,921
6,675,919:
$6,017,973
294,2.98
$2,724,491' $1,714,666
$1,057,373
395,31?
*******
$6,312,272
$3,038,236
Provision for taxes——
13,830,598
11,101,439
Inventories
$8,137,442
8;256,548
415,708
♦Net sales
,
$9,515,251
:*_
**
and oper.
sales
Cost of
expenses, etc.
Depreciation
10,292,311
I
455,392
2,905,171
——***
592,107.
—
Miscellaneous income—
income
discount and
;__—**
expense
■
(
:
receivable-
_*_*:
merch.
,*.:*.
—
■
•
estate,
.***
—_
"
*
58,050
.Total
C--
Accounts
payable
Accrued
$1,168,410
$8,768,349
$232,002
$79,423
53,834
33,704
..,254,650
513,108
...
.....
royalties,
407,798,
183,217
**._:*;
****/-
•'
••
*
-
2,500,000"
dividends*—/
Common
90,000
746,68?
$1,168,410
$1,670,704
90,000
640,014
Paid-in
180,00Q
627,173
Earned
"586,680
surplus
.......
...
ing ($10 par).,
*
Earnings per share**—
426,676.
426,676.
426,676
$4.07
Total
!
$2.32
$3,70
$4.27
,
426,676
.
$11,638,327
♦Less reserve for doubtful accounts and. discounts;—V.
and royalties.
tax. ^Includes, provision
$34,838),. $2,805,448, and
*.
The total
Bros., Inc;
156,1 p. 1607.
time deposit,
Assets—Cash in banks and on hand, $5,315,192; cash on"
■
sundry notes and accounts, receivable and advances incl. $11,377 due
from employees), $134,983; inventories of rawr materials and supplies;
work in process and finished products, $5,606,263; surrender value of
life
insurance
policies, $242,556; real estate notes. receivable and;
sundry investments (less reserve of $19,816), $53,783; land and build¬
capital stock of affiliated 'com¬
pany, $150,000; postwar refund of Federal excess profits tax," $34,838r.
machinery leased to others (less amortization of $1,734,305), $688,503;;
property, plant and equipment (less reserve for depreciation and amort¬
ization of war facilities of $2,527,581), $2,277,039; patents, trade marks ;
and good will, $1; prepaid expenses, $106,948; debenture discouht "aiid
ings (less reserve of $62,930), $69,621;
$77,849; total, $22,412,798.
expense,
',
,
.
General Tire & Rubber Co.—Transfer of Network—
The
Federal
Communications
Commission
en
banc
.
•
,
Dec.
on
Operating
Other
Total
,***—_*,
revenue
outlets
$2,563,549
-
—
,
$2,521,659 $10,454,292
$9,766,630
1,000/579
1,001,455
Maintenance
-
(incl,
Taxes
&
inc,
265,481.
263,455
taxes)
for
profits
V
:
prov.
2,047,309
472,636
income'
Int.—bonds & pri. liens
Int.—debs.
Doss
and
Deprec.
before
156, p.
Gross
300.000
41,208
divs.*
'
1,200,000
166,279
300,000
42,651 '
$517,065
$583,544
■
Net
.
'
dividend
on
-
31
Dec.
paid on
of
15 cents
the ,6%
pn
,
.
holders
to
■
of
record
Dec,
2, July "1 and Oct." 1,
being omitted.—V. • 156/ p. 2223.
;
par
•
,
156, p. 2038.
W.
Like
20,
amounts were
also
the April
last,
1,
D.
succeeds
1
."■■
:
fe
member
of
(duties.
/■
Other
leave
D.
of
Reed,
Other
executive
war
work,
of
*
Electric
Co.,
now
Discount
on
sales.*-.
Profit
tax
goods
Gross
.
..
profit
1942
:—.****—
sales—_!
on
j
,
on
Discount
Interest
Provision
bank
for
.....
■
$293,"43? "
loans,
inc.
'
& exc.
prof, taxes
income
Preferred
dividends
...
dividends
Common
Earnings
per
7
common
.
......
of Federal
income
1
......
4,48d
$54.0391
15,687
$56,826
16,613
9,876
7 16,486
' 7,483.
: $30,061
10,913
$30,337
$30,070
16,460
,
s
18,000
$13,823
—.......
'/V,/7 7,,7/;
J-:,-;.,'/'
Inc.—Acquisition—
7
Electric* .Co*.
/
.
•
-
•
;
-
*
-
.
Company—
v
Greater New York Brewery, Inc.—Dealings Suspended
of'the'Exchange.—V, 153,
{
7
989.
p.
.7
"
of-
nrl,939
$242,279
-
!
Dr60,782
.
853
$4,963
/
$44,743
/•V
.305
excess
'
An
extra
of
like
amount
was
♦
1942—Month—1941
*
,
1942—11 Mos.—1941
,
Bay & • Western RR.—Earnings— / \
November—
1942
1941
lko
Pross from railway—i $196,064;
$161,490
$162,318
Net from
railway
33.933
24,110
56,429
,
1939
$148,988
40,319
...
Net ry. oper, income*-* ;
4,802
:
From Jan. 1—
--7,'> '■■•■
♦4,444
20,472
2,094,722
1,837,861
1,604,082
614,026
284,094
549,037
443,702
252,753
204,096
.
Gross
$166,639:
Net
3,510
Net
7
%
'
from
from
ry.
railway..**
railway*****
/
income**..
oper.
♦Deficit.—V.
/
November—
Gross
•
'Depreciation
Rents
Net
156,
p.
2038.
.
15,61?
--
:
;
•
1,563,674
445,434
192,030
•';;/7:
7),
:
•
-
►'
55,885
'
,
'
$443,641
117,563
Notes:
~ 8*740
5091700
in
$561/205
180,000
$720,250; ;
$381,205
cost
(l)—The
months
Dividend
39 704
im¬
and
1,048,287
117,278
45,846
oper. income**/
331,946
fDeficit-loss.—V, 156, p. 2224.
5,831
Cost
company
ended July
;
♦229^911
*179,954
.
/
:
/
.
;
,
31,
,1942
,
„
",;77"
1941
1940
:
******.*****_*_.
of
cane-mfg.
1939
J shipping
"
$1,862,732
$3,569,106
and-
.
t2,186,584
$1,382,523
Cr94,311
_***I—******
$1,476,834
.Deprec, of mills, etc.**.
Amort, of cane plant'gs
! 151,747
f
$1,645,046
1,221,403
1,225,73?
*
$490,588
Cr47,692
expenses
<
$1,305,697
1,372,145
operations/
deducts. ■ (net)-:
.
'
.Other
Profit
Prov.
on
income
for
Profit
Previous
for
taxes*
,
deficit
—
——
$84,294
114,227.
36,795
540,000
$392,281
27,032
203,569
__—4.
*:*—
47,000
f$242,121
$294,070
$141,712
1,206,076
1,500,146
1,258,025
1,399,737
$457,783
$1,206,076
$1,500,146
$1^258,02$
sea freight, commissions, etc.
general and administration expenses.
-*After deducting
and selling,
$419,213
f$29,933
181,484
30,703 '
.
$538,280.
171,458
36,752
36,000
$7-48,293
year
Deficit-:-*
■
(Also includes taxes
ILoss,
Balance Sheet, Sept. 30,-1942
Assets—Lands, buildings, machinery, equipment, etc (less reserve for
-1
.depreciation of $1,587,897), $3,694,660; investment in Guantanamo RR.
Disbursing Agent—
$509,501; miscellaneous assets, $698,512; sugar on hand (less
shipping expenses), $2,059,508; accounts receivable
(less
for doubtful accounts), $59,149; cash in banks and on hand,
$688,436; prepaid insurance and taxes, $20,632; miscellaneous deferred
charges, $4,529; total, $7,734,927.
(net),
estimated
reserve
564176
profits taxes 1942, $25,600.
1,185,242
326,373
.sales
taxes
states, that in the. unaudited report for
1941, net profit after provision for
figure
ended
July 31, 1942, such profit was reduced to .$381,205/ The reduction of
$295,271 represents the Lifo adjustment of $630,271 less a decrease of
$335,000 in the provision for Federal taxes on income. ■' (2H-The provision for Federal taxes on income of $180,000 for the
six months ended July 31/1941/compares with $515,000 shown in the
report issued for that period, a reduction of $335,000; of this amount
$203,000 results from the Lifo adjustment and $132,000 from the dif¬
six
■
1,540,229
.
railway***.*
Years Ended Sept. 30—
.
The* Guaranty Trust Co. of New York has been .appointed dividend
disbursing agent for the stock of the above company.—V. 156, p., 1502.
$1,064,151
$1.63
....
included
ference between estimated and actual rates.
13200
827*055
taxes
*1,549
♦Gross sugar & molasses
Federal .inoome" taxes was shown at $676,475. - In placing that
on a basis comparable
with the net profit for the six months
*.**
?940
,
,
of. goods: sold,' excise
deducted from net sales, and Federal taxes on income.
ZT"jl
13^200
2,148^400
$1,615,250
895,000
-
■
....
than
12,496*26,894
•
/."■••'
i
694,249
Profit
profit
43,815
*41,261
'■' 7 '■
■■■
Guantanamo Sugar Co.—Earnings—
r
.'522,631
;; 618,743'
$1,559,365
income.-
♦Other
*1.0,386
•'
Net ry.
.
1939
$84,756
-
2,271,596
Net. from.
,
Net
railway**./
1940
$148,231
.
Profit.' -.77...—'
Net profit before provision for Fed. inc, taxes
for Federal income taxes—
1941
$117,8627
-
Interest and debt expense..
Provision
1942
$250,847
73,145
38,589
railway*****
Gross from
,
paid- less rents' received_.s:.7.^./.-..:_.
'
railway****
Net ry. oper. income***
From Jan. 1—
.:
.
.
.....
from
.
from
'-t
$5,387,325 .$3,834,769
471,444"
309,168
993.564
950,375
1,164,704
1,291,549
444,250
'452,660
"•Taxes
*
-
16.
■77, Green
$163,129
■
'
$1,595,791
$1,023,373
39,704
Jan.
$9,929,499. $9,174,856. $58,316,062 $49,926,728
The company in December, .1942, had 151 stores in operation,
against 152 a year previous.—V. 157, p. 42.
:
•
/
-14,062
$123,135:
Gross ^profit........——■
Maintenance and repairs........./;
13,752
_
record
last year.
Sales
$152,578
12,105
.
.,
$1,582,039
•
of
22,
Sales jor Month, and 11 Months Ended Dec. 31
Period End. Dec. 31—
Dr21,240
$111,030
$43,890-
;
Jan.
on
'
Dr68,461
jpr21,496
DrX,912 /
856
330
per
holders
to
„
7,19,925
:
$193,308
-
Dfl3»253
..
$4,107
cents
22
an adjourned meeting held on Jan, 6 declared an
50 cents per share and the usual quarterly dividend
share on the common stock,- par $1, both payable'
,
$59,055
Dr4,201
.
50
disbursed
.
at
dividend of
Jan.
.
_
directors
extra
19,925
23,640 "
23,640
-
$4,633
$44,437
" $119,463
*Federal Railroad .Taxing Act of 1937.—V. 157, p. 41,
the
Note—Depreciation and amortization of plant, equipment and
provements,, charged, to-operations amounted to $561 695 in-1942
$326,508 in 1941.
$49,558
4,917
-
Dealings |n the capital stock of the company have- been suspended
dealings on the New "York Curb Exchange due to the failure ot"
the. corporation to publish annual financial reports in accordance with
49,445
7 ,
; 1942 : /'
1941 "
..—I.... $56,890,510 $49,138,77
i)ost of goods sold and expenses..——/
51,503,185
45,304,00;
3,218,463
$1,57
....
share
post war refund
$62,208
259,07?
.
1941.
87^500
_*_:.
etc
& State
$42,735
9,065
.
.
from
$331,57?
52,844
.
•
3,672
Other
$3,346,830
70,417
**
■
contingencies
for Fed.
* $51,909
going a voluntary liquidation with the approval- of the SEC and has
already disposed of five of the nine subsidiaries it owned,—V. 156,
P. 959.
;
Gimbel Brothers; Inc. (& Subs.)—Earnings—
•/7
$3,334,854
11,976
*
debentures
278,853
$53,143
Great Lakes Utilities Co.—Sells Water
$1,630,543 ; $1,466,060
1,337,111
1,134,486
,
2.077,
,
$10,247
6 Months Ended July 31—
Net sales
i
profit—
debentures**
on
on
296,663
$308,635
District Judge William ,H. Kirkpatrick of the U. S. District Court at
Philadelphia has granted the company permission to sell the Watertowri
iSas Co., a wholly-owned subsidiary, to the-city of Watertown, S, Dak.,
for $30,000 in cash.
The city will also assume current liabilities of
the company amounting to approximately $12,000.
Company is under*
'•.i942^~ii;Mos:-7-i94i:;
..
2,077
2,214
/
of the
4,051,609
income
-Interest
1939
$330,762.
197,663
Connecticut,, Telephone-&
The
Surplus applic. to int..
I***:*—$7,386,463. $4,800,502
income
7 $349,806 '
$39,028
3,708
*
7*
'
1940
(II. L.) Green Co., Inc.—Declares Extra Dividend—
$67,703
4,495
2,214'
:
insurance).
———;
Deducts. Irom income-
26,054,007. 18,692,641
operating
Total
/
1941
.
expenses....
'
'
income
Gross
■
$33,440,470 $23,493,143
*—
Net
Miscellaneous
.
$236,690
the rules
*
"$19,480
4,804
oper. inc..
Non-oper. 'income --"./i,.
*
sold—*—*—**—.—
,
-——Calendar Years—
Great American Industries,
622,255
Net *ry.
Subs.)—Earnings-
general, and administrative expenses
provision for doubtful accounts
.**■
♦Less
650,807
-
•'
rents—netbal.
•;
all
and
Net
.1,302,279
,.1942—Month—1941
accruals—reg._
facil.
Jt,
allowances—$33,738,750 $23,729,199
—*
■
298,280
236,056
—
Cost of
"/
.
Net profit
(Including StatesborO Northern Ry.» ;
Net rev. -from ry/ op:
on
his resignation, from
'
31—
.
"
J/'
Aug. 31, 7
1942
for
See
j
October
Sales,' less returns and
♦Prov,
3,260,831
Ry. oper. income—
Equip, rents-^—net bah.l
/
Ended
,1
,
.
8 Mos. End.
—V, 156, p. 1416.
665,570
$190,388
lias been appointed Vice-President to succeed the late G,
Tracy Vought.
—V. 156, p. 2306.
' <,
.-*■
///v'/- 7
' ■ ■'
;
*
.122,685
7'V 7.'
General
announced
Harry A. Bullis has been elected President of the company to fill the
vacancy created by the resignation of Donald D. Davis.
L. N. Perrin
Years
to be retired with the proceeds
and such other funds of the
are
bonds
Gulf & Ship Island RR.—Earnings-
General Mills, Inc,—New President, Etc.—
James if. Bell, Chairman of the board, on Dec. 29 announced that
.Celling,
762,989
";/-7/:
:>77"
company posts in order to continue in London as deputy chief
Harriman Mission for an indefinite period.—V. 156, p. 1863.'
General Shoe Corp. (&
-
.
-
;deductions....
inc. taxes...'
Prqv.
■' /
•
.
v/V'-;V7'
chief
for
absence
by Ridder
,■//•/•
1
Comparative Income Account
''
income
Total
3,430,341
1,484,586
125,093
Belanger has bee.n Assistant Manager of the Federal & Marine
Department since November, 1940.
;
'
V
Resignation—
None
tl.OOO.
owned
*
54,683
•
3,655,817
.
$144,574
Mr.
Philip
;
78,409
3,71-7.567 :
expenses.:1..
ployment
1921, who will continue' as
for consultation and special
v/:/,v•,'
■;
■■
•
4,971,380
.♦Ry. tax accruals.—I...
Ry. tax accruals (unem¬
,
since
department. available
the
secured
Prbfit from operations /
,
$326,888
60,580
91,810
.
185,026^
oper.., rev....._-.- J
.
Niven/ Manager
W.
207,465
oper,
1942, .payment
Belanger
as
Manager of the company's
Federal &• Marine Department is announced by E. O. Shreve, VicePresident, effective as of Jan. 1.
In.his/new capacity, Mr. Belanger
J.
These bonds
the.41/a%
-
.
,
of
\
Operating
1939
'
8.226,410
railway....
railway—
.
Ry.
General Electric Co.—Manager of GE's Federal and
7.7
' •
•
Appointment
sinking fund,. t60%
/ ../
Revenues
contract
$371,512 ."
'
367,086
)
,
r
Period End: Nov: 30—
$10;
Marine Department Named—
'
and .17
1940
.
Ry.'
;
stock,
preferred
convertible
Jtai.
to-it
$567,885'
Ry.
\
share was'paid on -account of accumu¬
per
cumulative
of
sale
Period—
31
Georgia & Florida RR.—-Earnings—
7
$2,391,264 ,$2,012,815
;//7.-V;/
1416.
1,200(000
175.762
'
•
;
,
A
*1 058
'
1,000
.......
.
licensed
.1941
1942
$843,281
' 407,061
,
ry, oper.. income...
—V.
General American Oil Co. of Texas—Preferred Div.—
lations
from
from
Net
*•
■
——
Shares
200'
.
.
of
of disct. &.exp._
-Balance
—V.
108,854
amort,
works
storage
Amort,
169,605
.
.
From Jan. 1—
,
$7,140,921. $6,853,495
588,052.. .2,351,973.
2,352,376
183,242
701,798
776,175
108,831.
329,605
336,366
587,951
other,—
&
exchange
on
in
7
stations located in the States' of' Maine,, Massac
Connecticut, New' Hampshire and Vermont.—V;-, 156, p/ 2223;
railway...^
Net
from
railway.— *.
Net ry. oper,- income:.X
$1,791,164^31,739,842
*—*:—
broadcast, stations
Gross from
1,648,225
_
'
Net
.i.
^
' oiitstdg.
Shares
■' 1,750
par).:
'
:
affiliated
November—,
;
.<
451,084
■
(no*
■
;
Georgia RR —Earnings—-
.
7
**—*
—
56,684
67,800
-
excess
252,496"
,253.500
—•
the .four
or
phusetts,
Oper., admin. & general
expenses
•'
'
,
■
outlets
as
.
revenue
income
.
1942—3 Mos.—1941
1942—12 Mos,—1941
$2,518,497
$2,457,631 $10,233,174 $9,551,360
45,051
64,028
221,118
215,270
Period End, Sept. 30—
'■
'
'
($100 par)....,
•
of'thecor-*
capital-stock
funds
,
(& Subs.) —Earnings—
Gatineau Power Co.
.
the
Porpose—Net proceeds (approximately $159,813), together with otheu"
of the corporation; were used to retire Jan, 1,
1943, the cor¬
poration's eVa'/o
15-year sinking fund debenture bonds. due' Sept,
•1/1944.
77
77: ' ^ 7
i 7
,7•
,
"approved the transfer of control of The Yankee Network,Tnc.v licensee
pf- four standard -broadcast stations,- 'four relay stations, two experi¬
mental stations, - and two high frequency stations* v through the sale
of the capital • stock of The Winter Street Corp.. (which ..owns. 100%,
"control of The Yankee Network), from John Shepard 3d,: and George R;
Blodgett, trustees, to The General Tire & Rubber Co.," Akron,.Ohio.
Commissioners Walker and Durr dissented.
v
The suin of $1,240,000 will be paid, plus an additional'amount to be
determined on the date of the transfer equal,to 94% of the aggregate
net-quick assets-of the seller over $100,000/
;V There is also being, sold to The General Tire & Rubber,. Co;,-: as a
part of the' same transaction, all of the capital* stock of The (Colonial
Network, Inc., which is owrifed 50 % by John .Shepard 3d,, and 50% by
his brother, Robert. F. .Shepard.
Colonial is not a licensee of a broads
cast station,
its. income being derived" principally from; the sale "of
station, time and wired transcription service to subscribers.
;
] In addition to its position of licensee, The Yankee Network, inc%
is engaged in the operation of a network., broadcast system 'employing
.
Liabilities—Accounts'payable, $791,169; accrued expenses (including
$204,673 payable under employees' profit sharing plan), $1,275,015;
reserve for Federal income taxes, $3,873,321;
3% sinking fund deben*
tures, due Dec. 1, 1956; $4,000,000; reserve for employees'-benefits;
$217,300;
reserve
for patent litigation, $108,857;> reserve for price,
equalization, $229,462; reserve for contingencies, $450,000; deferred
payments for business acquired, $36,899; common stock (par $10),$4,266,760;. capital
surplus, $1,532,097; earned surplus,
$5,631,917;
total, $22,412,798.—V. 156, p. 2130.
'
■
"
'//
-
.■
('
t
1942,
' _7„
,
443. shares
:'7
j
■
,
31,
at
the
of
.,
.
.
Grand
corporation as-are necessary,
.
notes and contracts receivable and customers)
accounts receivable (less reserve for bad debts of $442,592), $5,472,598;.
"*
y*
stock
field in sinking fund.
„
$2,182,625; customers'
company
Aug. 31, 1942, the corporation also had authorized $250,000
15-year sinking fund gold debenture bonds due Sept/1, 1944;
pf this amount $189,000 were outstanding, excluding $61,000 > of bonds
General Motors common and preferred stock*!
vquarterof 1942 was 413,349 .compared with
414,064 for the third
quarter of 1942 and
with. 410,759 for the
Jourth quarter of 1941, it is announced.
/
,r.
1
There were 392,010 holders of common.stock, and the .balance.ot
21,339: represents holders* ot preferred, stock.
These; figiires compare
with -392,775-common stockholders and 21,289 preferred for the third
quarter of 1942.—V. 157, p. 41, 7
:,
"
V
r
: '
Consolidated Balance Sheet, Sept. 30, 1942
a
1929,
Of 6)2%
^
Corp.—Number., o^ Stocjkholders—
to
1,
Auth/
♦Exclusive of
$8,768,349.
fourth
the
"
cum/second pfd."stock
Common stock, (no par)
number of
holders'for
On
,
,'7
■,
v,,
processes
General Motors
*
t
>Asi
♦Including revenue from leased machinery,
(■Includes $379,118 for Federal excess profits
for excess profits tax (less postwar refund Of
other income taxes of $18,388,
Forks.
6%
outstand¬
Common shrs.
paper
July
of .Grand
.'7
7%. cum. first pfd.
3,640,846
2,930,125
3,286,739
........
established in 1879
Bacon
Capitalization—As of "Aug".
poration was as follows:
626,671
3,644,447
surplus
"
less*
496,300
496,300
........
$1,913,866
incorporated in Delaware Jund
was
was
In 1911, Mr. Winship sold the
,
-193*522
206,816
.
by George B.
headed
Forks
Herald, Inc., purchased, the business from Bacon and associates, and
has continued in ownership ever since.
During the' 13 years the present
management has directed the newspaper; it has shown a consistent
gain in .circulation, until now, published, in a city of slightly more,
than 20,000 population, it has the largest, circulation of'any news*
paper in the. United States published in a city of 25,000
population or
1
•
$11,638,327
.........
payrolls, and taxes........
exc. profits taxes
sinking fund debenturesL../..^;.
Reserves for retirement, insur, & contingencies
Preferred stock (no par).l_^...._
Common stock (par $1).,
'
,
•
Inc.—Bonds;
Sept. 1,
The Grand Forks Herald
Winship.
by, ,J. D.
Liabilities—
15-year"3V4%
229,462
24, 1929.
1,206,821
1
Prov. for Fed, & State inc. &
,$1,752,926
15,250
746,683
4
983,839
of
as
History and Business—Company
61400
.
machinery
'•
'
—'—--*-*-•
l¥o~317
152,438
■.
_**
and equipment, and im*
prqvements to leased properties (net)——^
Goodwill, patents and trade marks
■-**.*/.***■
400,000
.Net profit *,
—,
Preferred dividends-
'
.
Buildings,
'
$1,670,704
Herald;
1942; due serially as follows.: $12,000 on Sept..
1, 1943, and $12,000 oh each Sept. 1 thereafter up to and
including
Sept, 1, 1951; $62,000 on Sept, 1, 1952.
Redeemable on any interest
date in whole or in part at
principal amount and interest to date of
redemption, together with premium of 3% of the principal amount.
. •
3,376,780
20,000
20,000
25,600
116,498
'
**
Real
39~008
$1,913,866
$2,382,388
equal*
Dakota)
,
r
Dated
«
245,268
"H930
(North
Co., Inc., St. Paul,
Minn.,
43,561
4,809,648
.
.
outside: company—-
71~378.
2,423,460"
50,963
.
*
465,677
Forks
Offered—An issue of $170,000 4%% secured bonds was.
recently offered at prices ranging from 100.50 and inter¬
est to 104,08 and interest by Kalman &
$1,464,931
2,337,115
'
—
i———
Due to officers, and employees.*...,
**——
Reserve for price
ization
obligations;
Government for
receivable-,
prof, taxes (est.)
Employees stock purchase accounts (secured)—
Sinking fund with trustee
$2,136,381; $1,452,686
,
Grand
'
1941
1942
$1,986,178
'
521,000
>,
576,997
—
Post war refund of Fed. exc.
**_—'
.99,285
conting.—
income
Net
421,715
313,745
Plant removal expense—
Reserve, for
in
:
-
Net operating profit-
Debt int.,
Stock
404,150
*
Total
accounts
Miscellaneous.accounts
1979
1940
1941
h
Oct. ,31
.,
Cash in banks, and on
Due from United States
'
Sheet,
Assets—
$1,637,070;
2277.
;
(& Subs.)—Earnings-
Food Machinery Corp.
Balance
Monday, January 11, 1943
"
(estimated!, $980,000;
$1,181,465; class B common stock (327,414 shares no par),
earned surplus, $7,205,580; total, $11,912,693.—V. 155, p.
-
Globe-Wernicke Realty Co.—Liquidating Dividend—
'
stock, pat $100, on each share of Globe-Wernicke Realty_; Co.
•stock held.—V. 135, p. 994.
- '
"7 , '
.
preferred
" V
,
payable to Defense Supplies Corp. secured by raw
$1,642,905; accounts payable and accrued liabilities,
Liabilities—Loan
The company on Dec. 30 paid liquidating dividends of $28. per share
.in cash and one-fifth of one share of Globe*Wernick'e Co,preferred
sugars
.
•
on
hand,
:
:
(Continued
on
page464)
-
/
.
-
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
133
rasa
Stock and Bond Sales
DAILY
NOTICE—Cash and deferred
New York Stock
<(»
WEEKLY
-
furnish
we
of
U.
S.
the Blew York Stock
on
Prices
Bond
Treasury
Jan. %
Figures after decimal point represent
Jan. 5
Jan. 4
Jan. 6
Jan.7
32d of
one or more
Jan.8
Daily
Record of
U. S.
___
106.3
...
sales in
$1,000 units
2'As, 1962-67
sales
In
100.13
100.18
Low
100.17
100.18
100.19
100.19
Close
Total
3
100.13
(Close
l<
100.18
100.18
100.19
100.19
5
3
7
units.
$1,00
Low
2'As,
1963-1968,—.
I
-
Close
1943-47.
Total
units—
sales
in
$1,000 units
(High
II
Total sales in $1,000
$1,000 units
High
101.31
(High
1—■
2'As, 1951-53
sales in
units,,,——!
$1,000
Low
[Close
101.31
Total
Total
30
sales in $1,000
units
High
3'As, 1944-46.
Low
2'As, 1952-55,
f High
Low
1
—
[Close
Close
Total
sales in
Total sales in $1,000 units
$1,000 units—,
"High
106.30
Low
106.30
Close
106.30
3yfis, 1946-49.
Total sales in
$1,000 units,,,"",.—.
Low
;■
—_
[Close
Total
10
.
(High
2'As, 1954-56—,
sales in $1,000
units
(High
3'As, 1949-52.
(High
Low
2s,
1947
•( Low
[Close
—,
[Close
Total sales in
$1,000 units
Total
sales in
$1,000 units
Hign
3s, 1946-48...
100.19
units
101.31
Low
3%s, 1943-45.
100.19
—J Low
[Close
2'As, 1967-72
[Close
Total sales in
100,18
(High
Low
—
Jan. 8
Low
High
3 % S,
Jan. 7
100.13
( High
106.3
$1,000 units.,,'
Total sales in $1,000
Jan. 6
High
Close
3%s, 1946-56.
Jan. 5
—,
'■
108.3
Low
sales in
Jan. 4
Low
•
Close
Total
—
High
Total
Jan. 2
Bond Prices
2%S, 1956-58-
units.,*!
1944-54—
the New York
[High
Low
Close
An,
on
point. (See note below).
a
High
4%s, 1947-52.
Total sales in $1,000
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds
a
Stock Exchange during the current week.
Daily Record
YEARLY
-
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.
United States Government Securities
Below
Exchange
(High
Low
Is, March 1948-50
low
•
[Close
Total
sales in
$1,000 units-
Total sales in
High
3s, 1951-55-.
—
■■'
../
Low
$1,000 units
(High
2s, Dec. 1948-50
Low
—•
Close
Close
Total sales
Total sales in
$1,000 units
High
2%s, 1955-GO.
-T
[High
Low
■
,
—.,( Low
2s, June, 1949-51—.
Close
Total
sales in
[Close
$1,000 units—,
Total
sales in
$1,000 units—
High
—3
I%s, 1945-47.
(High
Low
2s,
Sept.,
1949-1951—
1
Close
Total sales
in
(000
$1,000 units
—1(
"High
Low
2s, Dec.,
1949-1951
Low
•
pinoa
Close
~
Total sales in $1,000 units—__
Total
sales In
$1,000 units
___
(High
t Low
(High
2'As, 1951-54
LOW
— —
;
2s,
;
1950-52
:
;
(Close
Total sales in
[Close
Total
$1,000 units,.
sales
in
$1,000 units
t High
2%s, 1956-59
■{
—_—
High
23,
Low
[Close
Total
■
•
1951-55—
'.'(r-
sales in $1,000 units
Total
,j
2s,
Low
[Close
—
Total sales in $1,000 units.,,:
[Close
sales In
2%s, 1960-65
Low
:
Close
Total sales in $1,000
units:,,*
f High
1945—
/
/'v:
Total
«%a,
sales
f
—:
—
In $1,000
1944-49-
„\
Total
-{
■vr;:,;/5:/,;,
Low
*Odd lot sales.
There
Monday
52'A
112
112
38
*35
41%
*40%
.
41'A
7%
7%
26%
*25%
27
15%
*15
15%
15 "8
39 5 a
39%
*59
39%
65
3%
.
*80
*60
3%
112
*51%
'111
37%
53%
112
*35
41%
A
40%
42
7%
7%
26%
26%
27
15%
15 %
15%
15%
15
15
39%
40%
40
40%
*60
86
65
3'A
*81
*61
3%
85
66
3%
*81
hi
%
%
%
3%
86
hi
7%
.1
300
8
5,300
400
15
700
38%
387a
*81
5%
5%
5%
5%
5%
5%
5%
5%
5%
4,600
5%
5%
5%
5%
5%
5 %-
5%
*5%
5 %
600
13 %
2.100
18%
2,200
.
'
18 %
7%
13%
18%
*57
7%
13%
18'A
64
7%
13%
18%
*57.
•7%
7%
13%
13%
13'A
18%
*18%
18%
64
*58
64
7%
7%
7%
13%
18%
*57
13%
18%
64
13%
18%
*57
No par
Express,
Adams-Mills
Corp
Address-Mutigr Corp
64
7%
7%
7%
7%
Reduction
Alghny Lud Stl Corp
—No par
gtd
142'A
143%
140%
142'%
140%
140%
11
11'A
*10%
11%
*10%
11%
*10%
11%
10%
10%
200
16%
16%
16'A
16%
16%
16%
16%
16 'A
17%
17%
17 %
5.000
6%
6%
6%
6%
6%
6 %
6%
6%
6%
6%
6%
6 %
8,200
Allied
76
73%
73%
73%
73%
200
1
Allied Mills Co Inc
*73
76
26%
*18
*73
26%
18%
u
]ii
*11
13%
*68 %
69 3
23
4
23
55
55%
For
footnotes
76
*73
143
76
*73
1,600
100
Allen Industries Inc
145
143
par
pf A without war—,
100
$2.50 prior conv preferred_No par
16%
145
par
5%%
Alleg & West Ry 6%
1,700
..—No
Inc—
11
143%
*10%
No
———10
Ala & Vicksburg Ry Co
—100
Juneau Gold Min———10
145
.
—
3,000
5%
13%
31
hi
44
5'/a
64
Steel Co
Adams
37
104
Albany & Susq RR Co
—J00
Allegheny Corp
No par
5% % pf A with $30 war
100
86
5%
2
Acme
Allied
Chemical
&
.
Nov
23
69'A July 15
94% Feb
JA Oct
10
3%
3%
9%
16
57%
3% Apr
Corp
preferred
100
2
6'A
26%
26%
26%
2 6'A
26%
26%
26%
5,900
*18%
18'A
18%
18'A
17%
18%
17%
17%
*17%
18%
700
Alpha Portland Cem„
200
4
14
Amalgam Leather Co Inc.,—, 1
*%
*23%
55%
see
l'/a
*%
1 %
13 'A
*10
11%
69
*68
Ml
1%
*11
13
69
69
69
*13
1%
1
1
13
*10'A
13
69
69
68%
69
1.300
Amerada
'10%
6*conv
Mfg
preferred
Petro Corp
23%
23
23%
23
23
23%
23%
23%
23%
1.800
Am
56
54
56
52%
54%
54
54%
54%
55
4.800
American Airlines
page
143.
Agric Chem
23
25
28
9
11% Apr 24
—No par
21 Vb
69
18
118% Apr 28
10 ' May 25
par
26%
*11
2
17
(Del)
Inc
-No par
No par
Apr 28
July 3
22
Apr 29
14% Apr 17
U Aug 19
50
11
Dec
No par
No par
43
Mar 27
—10
9
18% Jun 30
25'A Apr
7
Highest
I per share
46
Peb
55%
Sep
34
Dec
54'/a
Sep
43%
51% Dec 31
Dec 23
Jan 12
43
48%
8 Va
26%
16%
41%
69
Jan
Apr
Apr
Jun
May
Nov
I per share
1941
Dec
51%
Jan
8%
Dec
113
May 14
39
Sep
9
5'A Apr 24
18% Jun
8
10
Mar 27
29% Apr 28
61
Jan
6
1% Mar 24
No par
Stores
Allls-Chalmers
May 14
Mar 24
—.5
Dye,—__No
Allied Kid Co,—
5%
I per share
,100
.
Lowest
$ per share
No par
,25
—
Year
100-Sharc Lots
Highest
No par
preferred,
Alaska
5'/a
18%
4%
Basis of
Lowest
Par
Abbott Laboratories
Range for Previous
Range for 1912
.
On
Air
5%
13'
-•
,/
'.(/•!'
3,700
3%
5%
*56
'.
YORK STOCK
EXCHANGE
4,300
;
66
3%
%
41
NEW
Abraham & Straus
26%
*62
3%
86
*81
%
-
80
-
14%
66
3%
.
37%
43
7%
*26
39%
39
,
*62
'
500
*42
27
7%
52%
112
112
42
7%
26%
for
Shares
*33%
36
7%
3%
bonds.
registered
RECORD
the Week
I per share
52
53
112
*33%
42
Jan. 8
share
*51%
112
37%
42
I per
Sales
Friday
Jan. 7
*25%
65
*81
%
52'A
.
41'A
7%
3%
85
Thursday
t per share
51%
*35
in
STOCKS
Wednesday
t per share
*111
fSale of registered bonds.
transaction
'
t per share
38
no
were
PRICES
Jan. 6
113
7%
SALE
Jan. 5
111
*40%
HIGH
Tuesday
Jan. 4
*35
*25
Low
[Close
Total sales in $1,000 units
units——:
51'A
(High
\
//%%.■/■
LOW AND
52%
Low
$1,000 units
l'As, 1945-47
NEW YORK STOCK
*51%
in
.—
[Close
Jan. 2
sales
Low
f High
;
$1,000
High
3s, series A, 1944-52,*
'
$1,000 units,,,—
Treasury
I per share
Low
Home Owners' Loan
(close
Saturday
units-
Close
■'
sales in
in $1,000
(Close
f High
Total
Low
±
sales
Total sales in $1,000 units,
Low
2'/as, 1952-54
4
:
,
High
3s,
$1,000 units
...
100.12
High
$1,000 units
lUs. 1950-52
100.12
100.9
■—
—_
Close
Total sales in
Mortgage
Low
t%», 1949-53
in
.A—
Close
Total
High
sales
Farm
3'As, 1944-64
V
[Close
Total
[Close
units—,,—
—
Total sales in
[High
( Low
( High
l%s, 1948—
( Low
'//
%/.<,'■/>';\' '■ ■
• '/7
1 Close/,■
Total sales in $1,000 units———
(High
1948—
1953-55—
",/ /
.--V
/
sales in $1,000 units,,
Federal
Low
[ClOSe
"
/,„.
$1,000 units,—..
Total
High
2%s,
Low
—■
''/ /'
■
f Hign
1%S, 1958-63
—_
Total sales in $1,000 units—
High
2%s, 1948-51
Low
[Close
4
6%
6'%
17
22%
73%
77/a
149
12'/a
16%
6%
81
30'A
19%
Jan
Nov
Dec
Dec
Dec
13
5%
Apr
17%
Dec
4
9y8
Dec
26
34%
Nov
45
9
30
Oct 22
x
73
24'A Aug
157/a Jan
July
Sep
85
75
Dec
5
Jan
Dec
l'/a
99'/a
Aug
Aug
5
y8
Dec
%
Nov
6
3%
Dec
10%
.Tan
Nov
Jan
Jan
Feb
Dec
Jan
Jan
7
3%
Dec
9'/a
Aug
27
2
27
31
6
26
11%
Dec
21%
Apr
17'A
Dec
25%
Jan
"4%
Dec
U%
Jan
Nov 18
Nov 12
Jan 13
Jan
3
Nov
12
27
70'A Oct 22
24
Nov
4
58'% Dec 28
167 ya July
135%
Dec
10%
Feb
13
Aug
11%
Dec
14%
Apr
Dec
9
71% May
87
Oct
24%
37
Jan
21%
Aug
5
Dec
14% Mar
%
l'A Jan 26
187/a Jan
Jan
Dec
Sep
1% Aug
10
Apr
20
41%
Feb
63'/a July
14%
Feb
227/a
Dec
40
Feb
58%
Jan
Sep
THE COMMERCIAL &
134
LOW
AND
BALE
HIGH
FINANCIAL CHRONICLE
PRICES
Monday, January 11,. 19.43
Range lor
STOCKS
1912
Range for Previous
'
Monday
Saturday
Jan. 2
I
t
share
per
*8%
Tuesday
Jan. 4
$
share
per
1
share
per
8%
9
Jan. 6
Jan. 8
Jan. 7
t
t per share
share
per
9
8%
1
9
for
9Va
$
Par
1,500
47%
220
of
100-Share
Lowest
■EXCHANGE
Shares
9
Basis
On
YORK STOCK
NEW
the Week
Share
per.
9
8%
Sales
Friday
Thursday
Wednesday
Jan. 5
per
$
share
10
5 'a Jan
38% Apr
Note—
Year
1041
Lowest
$
share
per
Highest
$
share
26
5%
20
41%
24
3%
Jan
15
26%
Dec
130% Feb
10
xl22%
i
per share
Dec
Apr
14
Bank
per
9 % Oct
2
preferred—————— —50
American
Lots
Highest
9%
Apr
Aug
'
48
47%
4%
4%
*4%
27 %
128
3%
3%
4
175 %
176%
25%
25%
25%
25%
65%
*65%
65%
18%
72%
18%
18%
18%
107
101%
101
*105
*101%
104
*16%
20
20
*16%
6%
6%
••••#*
*97
99 %
« O"
*15%
15%
*15%
1%
1%
1%
*7%
15%
..99
*5%
7
26%
25%
25%
1%
1%
1%
49
47%
7%
3
7%
46%
7/7-.
.
1%
'77/8
48
■
47%
*6
7/
/:
15%.
;•
■
'7
*24%
,
25
American
Distilling
Amer
100
6%
2
40
40
40%
40%
40 %
32%
33
32%
32 %
*32%
2%
'2%
2%
*2%
*
7 %'
Amer
-No
par
preferred—-—.™——..No
47%
1,500
$7
8%
6,500
$7 2d
39
*39%
40%
40%
41
$6
-No
33
2%
:
39
33
■'
32%
32'A
32
32
'
*34%
35%
35
55%
55%
55
2
2
38
54%
2%
40,
5
5
5
5%
5%
5%
39%
*39%
5.
*5%
*37%
./
5
54
5
,
39 %
39%
7%
7%
7%
*
8 %
40 >7/
7%
*39 %
•
81%
82
81%
82
12%
12%
12%
12%
12%
12
7%
7%
7%
7%
"7%'.
?
'/
7%
%
7%
5%
J
*39Va"
8
12%
12%,
::'s 7% /":7%77 -7' 77a
12%
•7
,
' 77a
20%
20%
117%
*116%
26%
u\
%
26%
26%
X26
26 %
.
■
117
27 '
•/
27
%
.
%
%
%
•
Kt
••■•'.4
60
19%
18%
19%
19 >
19%
19 '
19%
16%
17
16%
17%
16%
16%
16 %
16 Va
American
6 %
6Vs
*150%
6%
6%
6%
10%
10%
10%
54%,
55
9
6Vt
;
■■
6 '
a
V
9
10%
103a
10%
10 %
56
:
55 V2
56
56
4
8%
13%
13 38
r
13%
13Vt
83
8%
'
12%
63a
12,000
,6% '•./ 6%;
158 '
1
10%
„•
56%
10%
1,100
J-
4% %
13%
12%
12% "
27
21
28
,'
37%
7
127a
; /
12%
.
8%
*8%
8%'
8%
Va
-y7 27'
"
127a
12%
-J.
27%
27%
-
;
Amer
*37 %
35%
11%
12
19
13
13
20%
19%
20
117a
11%
*12%
12%
12%
18 JA
18%
18%
18%
91
91
SI
*21%
22%
*21%
131 %
■•7 130%
*88'%'
*21%
22 %
127%
128 %
42 %
42%
42%
43%
20
117'a
11%
12 '2
11%
13 V4
*89
-,2
20
13
19%
117'a
X18'A
91
; .7:*37
•'*144
37%
f
147
147
148
36%
*144
148
11%
11%
12
19%
.
Va
37%
-
37%
37%
'
147
147
20
11%
*
*144
"
•
37% :
37%
147%
: 148 ir< /
:
"'2
*12%
18%
18%
18%
*911%
92%
92%
927-a
*92
22%
*21%
22%
*21%
223a
130%
130%
130%
131%
44%
44%
45»A
44%
44%.
45%
45%
46 V4
45%
45 3
13112
132%
7%
7%
12%
22
*
18%
-
r;
43%
43%
129%
129%
7 Vs
.
130
7 %
32
%
'
32%
32%
*1153a
116%
*115
3%
.
55
*54
116%
4
4
44
*42%
24%
*15'%
*10
*111
1 %
*1%
*35
*35%
*109
108%
3
47
48
50
7%
*
4%
*4'.'8
/
16%
*16%
lti %
*111 %' 112
*10%
1%
*34%
3%
48%
49%
*42
50 .7;
31
it
;
7
*10%
1%
4%
48%
48%
*6%
7%.
*6%
*4
4%
47 3 4
*30%
*6%
.
30%
,
7%
4%
4%
/ ■■
48%
2.600
50
30%;;:
;;;Ji,60()
*6%
7%
4%
77 100.
7/ 200
'
"
99
*85
*85
99
*85
93
7
*87
•
99
*87
99
*87
99
V
'
*6
7, 6%
6%
.6% /
6%
'
6%
*70%
73
*70%
72%;
*70%
73
*56
60
*56
62
*56
62
30
*28
•
*100%
,7
*29
;
46%
66
66
66
28
28%
28%
66%
:
.
20
*17%
44
44
19%
19%
19%
; 54
*107%
6%
110
*50 %
54
54%
54
*112%
7%
*2%
28%
31%
3%
10%
10%
3%
•
3%
*26%
3%
.'
19%
45%
45
4431
67
27%
%
27%
20
*18
20
*43
44 3 4
*43
27%
19%
13%
19%
% 4434
6%
6%
6%
6%
*50%
,51%
*50%
51%
55
*52
54 %
*52
113%
113%
*113
3
.7%
*7%
3
*2%
30
*28%
1,.
54%
114
7%
7%
,
7%
-
25
Jan
142% Jun
22
165
Jan
3
155
Feb
'165%
Aug
9% May 25
12
Jan
13
9
Dec
15%
Jan
59% Oct
17
50
Dec
73%
9% Nov
30
52% Apr
2%
3
*27
Wks
6% Feb
24
07 ioo
12
22%
98
Sep
par
17% Jan
23
14
19%
Aug
101% Apr
29
115%
Dec
168%
Jan
25
25
33% Apr
24
49% Jan 27
43%
Dec
73%
Jun
34% Apr
20
50% Jan
43%
Dec
74 V2
6
143% Jan
14
3% Apr 27
7% Nov
21
17
33% Dec
28
6
116% Jan
2
Nov
15
120
No
Eiec.
99
Apr
108% May
12%
12%
99Ve
Jan
Dec
8%
Aug
76% Jan
14
5% Jan
14
Jan
13
46% May
28% Jan
14
22 y®
Feb
29
30
Jan
5
24
Dec
July
35% Juiv
17
Jan
3
11%
Apr
17'A
112% Mar 19
1107/fl
Jun
7
Dec
Dec
/•
May 26
7% May 20
1
Mar 11
27% Apr
27
Sep
21
102
5%
5%
5%
31%
*5Va
30
5%
*5Va
30i%
30%
5%
31
67% Feb
21
66
Jan
2
21
5% Mar 20
2% Apr
79-
7%
3
v
100
1,000
pref series A—
conv
Corp
•
preferred-
29
$5
100
6%
6%
2,700
5%
700
35%
36%
550
12%
12%
1234
1.600
5%
200
31%
220
12 Va
12%
12%
12%
12%
12%
12%
12%
4,600
Barnsdall
14
13%
14
13
%
1,3%
13%
13%
4,200
Bath
24
23%
23%
*23 %
23%
23'3
23%
*23%
23%
200
Bayuk
25
25
24%
25
*24%
24%
24%
247a
*24%
25
500
Beatrice
110
*103
28%
*27"
*91
94
*90
93
*90
*9
9%
914
12
12%
12%
13
*34
34%
34 %
34V2
14%
14%
•
22%
22%
*13
*91
93
*91
106%
29
93
*104
110
*27
29
*91
9%
*9%
9%
300
12%
12%
12%
12%
12%
3,200
Bell
34%
34%
34%
34%
34%
34%
34%
35
4.600
Bendix
2,000
Beneficial
14%
143s
14%
14%
14%
56
*54'2
55%
*54 %
55%
23
23»e
*22%
23
2234
22%
8%
8%
8%
57(8
110 %
111%
page
143.
Loan—-No par
9%
12 %
14%
8%
56
111%
8%
57%
112
8%
56
112
8%
56%
112
55%
111%
56%
112
23
8%
23
9 %
RR
—
Beech-Nut Packing Co
93
*9%
*14 %
8%
Indus
Creek
9%
*54%
56%
Aviation
$5 preferred w w
Beech
Belding-Hemingway—
Pr
500
Best
8,800
Best
56
56%
11,800
112
I12%
1.400
Aircraft
Corp.
pfd $2.50 div series '38-No par
& Co
—No par
-—_—
Foods
Bethlehem
71
—No per
Creamery.——-j-
12%
*9
XfiC—r,;
.-25
—No par
50
1—
,-20
—No par
;
-1
-——5
•
12%
23%
*23
see
*27
14%
8%
footnotes
*104
28%
55 %
56%
For
106%
*27
*54
8%
111
.93
*103
54%
74
56 3a
*110
28%
5
Co.——
Works Corp:—j.———1
Cigars
9 %
..
147 a
14%
55
*53%
9 %
110
Oil
Iron
*103
*27
Sep
34%
Jan
8% Nov
6%
17
July
Dec-
3
14
43A Oct
Dec
^
10%
Sep
Dec
88
Sep
76
283s Dec
Jan
9.
6
Jan
Dec
17
83
Sep
6%
5%
Jan
29
9%
Dec
78
Jun
Steel
preferred
——-—
(Del)-—u—No par
—^—100
Sep
87%
3
8
4
Dec
91%
,
Oct
.{7102% Aug
24
20
Dec
100% Dec
2
82
Aug
5
96% Mar
Oct
3
18
Jan
%
31% July
53
35 Vn
34
Jan
70% May
yy,
28% July
Oct
Mar 16
45% Jan
3
16%
Jan
56
Nov
30
99% July 20
23% Jan
28
19%
Jun
28%
Dec
109'A Feb
20
May
111%
14% Apr
100
5
—50
Ohio————100
4% preferred———
—TOO
Bangor & Aroostook——,-<-■
-50
CohV 5%
preferred
100
Barber Asphalt Corp.—j
10
Barker Brothers
—
-No par
S'/afa preferred————
50
14
28%
72
Dec5;
5
33.
107
6% Sep
21
7
Jan
5
6%
Feb
46% Apr
25
51
Dec
22
47%
Feb
43
May 23
70
Jan
5
61
May 25
116
Jan
17
111
Apr 30
9VB Jan
26
6
Feb
1% Apr
17
15%, Apr 28
2% Jun
2
(
Jun
1% May
3% Dec
2
Dec
17
4% Jan
6
2%
10%
31
.13
May
14% Jan
2
3
4 Vs Jan
28
2% Dec
4'%
Jun
23
7% Jan
27
3%
6% Jan
4'/2
24%
8%
12 Vo
15%
20
»•
103
23%
64
Dec
26
3 'A
Dec
31
18%
13% Dec
23
7
25
6 % Nov
12
5'/a
Dec
Aug 20
33% Dec
8
27%
Dec
Apr
36
•
Dec
Oct
9% July
3% Oct
,
/
V.
25%
Oct
5V»
Jan
19
Dec
29
Jun
4 , Apr 15
Jan
2
22
6J/s Mar 25
121
r.
Apr
2%
9%
Nov
V 72% Jan
Apr
7
Sep
7% July
51 %
May
111
prior A._—————No par
Corp of Del (The)——3
12%
*26 Va
Jan
6% Jan
81% Jan
Aviation
14
*23%
60
20%
21
77% Jan
Apr
20
No par
preferred——100
Atlas Tack Corp—_-No par
Austin Nichols-——-—-,-No par
12%
25%
May 26
53
Powder——
13%
23%
70%
61% Mar 24
conv
12%
110
Jan
I SS Lines———.1
13%
*22%
47%
23
4 %
.
12 Va
*24%
Jan
45%
*13%
*103
Sep
'->7 5%
33% Dec 28
82
Sep
Dec
Feb
5%
*5%
*5
28
Jan
33%
112%
2%
13%
Atlas
8
31%
Feb
4
42.
Jan
108% Mar
14
Sep
10
11
2%: Sep
2%
:
:
5
20
;:
5%
5%
26
23
40% Oct
•;,1,
Doc
Jan
;300
53
113%
36 %
31%
Dec
iv %
111% Mar 12
4 '/s Jan
Jan
24
6 °!o
5%
*5
36
Oct
12%
16% Jun
200
35%
*31%
17s July 23
Sep
115%
'
Dec
Baltimore &
5%
21
30
Feb
\
■■
Baldwin Loco Works v t c_——:-13
*30%
32
*30
12'A Oct
7
:
13%
2.900
*12%
Jan
53%
3.800
.
Sep
8
56% July
9
4%
Jan
81%
■;
Dec
7
3%
12%
Feb
2%
34y20ct
11%
12%
51
72% Oct
3%
12%
50
7%
:•
2
11%
12%
4
2
3%
12%
Aug
25
11%
*12%
Aug
116%
19% Jun
3%
6 1
29 %
Sep
Dec
107
No par
11'/a
6%
Dec
12% Mar 11
par
Atlas
Jan
23%
112
27% Jan
W
Jan
Jan
Dec
22% May 20
Corp:
3%
6%
7
3%
24
par
11%
.5%
159
2%
preferred
25
Mining-——50
3%
36
;
Dec
64%
23
11%
5%
Dec
3%
3
29
3%
6%
x!43
6
11
11%
34%
.
13
3% Apr
3%
5 %
6
27
Sep
5% Jan
38% Jun
Midl'd—-No
134% Jan
,
"
11% May
•
70% Feb
15
Aug 14
Smelt————.1
& Cable.i——No
Aug
29
l7/a Apr
39
par
11%
6 %
2
3% Dec
par
—No par
—No
Apr
:
60Va Jun
&
Jan
Feb
3%
34%
13%
Jan
11%
6%
Jan
11 % July
Dec
13
"
*5%
28%
Dec
81
41,200
34%
Dec
8%
6%
13
3%
5%
15%
2
Jan
—100
G
Sep
Jan
150%
14
3%
6%
54
Dec
21% Jan
3%
35
'139
97% Jan
3%
*5%
155
Dec
Mar 26
3%
35
45% July
Mar'
78% Mar 27
3%
6%
5%
35%,
40% July
100
3%
6
6
104!,, Oct
Dec:
Dec
—00
Topeka & Santa Fe
5"'i
Jan
Jan
Dec
29%
21
vj:
5%
7
Jan
29
Feb.... 4
Oct
Dec
138
Mar 14
21% Nov
3
•V
Aug
33s/i
•
26
12
144
4%
26%
,
Dec»
6
v-
143% Nov 27
36% Oct
Jan
preferred—.————:
100
Coast Line RR——100
/
'
35%
-
14
2
3%
U
y
16
3
———
&
23%
14
Jan
41
7% Jan
5,100
i.
14% Dec
35% Jan
12
May 25
29
-
9% Jan
3%
*28
28
51% Dec
Daniels
iH
4% Mar 11
par
28 %>
30
Dec
Apr
par
3%
3%
23
121
Jan
preferred^-—————-il00
5%
Sep
Apr
Mar
15%
111
7%
119
16% Jun
Investment Co—
Atch
Jun
Dec
28%
*27
6%
3%
6,300
*7V2
29%
2%
3%
113%
114
*112%
4
<
9
51%
*50%
50%
23% Mar
Feb
Atlantic
2,700
'5,700
19%
7
2%
,.v
6 % NOV
preferred
——-.—-IOO
Atlantic Refining.—
—25
*107%no
110
*107%
4
Jan
Jan
3% Apr
7%
19
*107%
7
110
13,300
20
*17
44%
7% Nov
./
■
Atl
67%-
*18%
Dec
Jan
prior preferred——No par
preferred—————„
100
Armstrong Cork Co.i.
_Aro par
Arnold Constable Corp—
—5
Artioom Corp
No par
*1% preferred——100
Associated Dry Goods
—__1
" 6 %1st
preferred—
100
M 1%
2d preferred
100
5%
8%
39
conv
Assoc
21
9
of Illinois.———5
200
J
45%
V,
200
12% Dec
95%
13%
Jan
Co
,200
103
45%
7/2?
*43
19%
:i;
30 ?
*29
66%
67
.67
7. 27%
4,800
v.
59'2
*100%
100
;
73
59 %
29%
29%
100
■
6%
*70%
59
110
*7%
3
*2%
'
54%
%
7%
*7%
66%
20
50%
114
*7V2
45%
7 27%
73
59
7
6%
6%
51
114
...■•
100
28%
44%
19%
30
100
6%
*107%
6%
6%
51
*50%
*112%
.
110
*6%
-
*29
,
*70% :
62
66%
,
*17%
20
45
19
27%
*43
*18 V8
*43
*107%
/
77 6%
73
*57
46%
45%
fifi%
27%
•6% | / 6%
*70%
-
100% 100 %
46%;
46
29/
29
31
100%
100
101%'
46
■
:
30
,17%
.
22
7%
4%
,
Dec
15
(Del) pf 7% gtd_-100
56
Dec
77%
—No par
Woolen
&
7%
6
12% Apr
Armpur & Co
Armour
Jan
6
Nov
par
,12.50
$5 div preferred————No par
Andes Copper Mining
20
A P W Paper Co Inc———5
11,100
50
Dec
10% Jan
3%
Preferred
Archer
Jan
91
11
B
Anchor Hock Glass
400
3%
30%
■
L,
13%
Sep
46%
Foundries Inc
55 prior conv
;400
*43
50
7%
4%.
i %
110
Dec
5
--—No par
class
Anaconda W
1,100
Jan
23
Anaconda Copper
200
3%
*43
30%
100
550
.
34%
34%
*109
3%
3%
49
50 %
30%
35
110
>•
;
*1%
1%
*1%
j
15,000
11
*10%
35
3%
25%
•24 ^3-4
16%
•16%
*111% 112
■
*109
35%
43
24%:
:
4 %
par
Co. ————No
Amer Zinc Lead &
1,400
•
*24%
2,5%
*112% 112
11
110
*109
3%
"■
*4%
7%.
6 %1
*16%
24%
;7" 900
■
Oct
Dec
9
136% Jun
preferred
1st
$6
2%
30'/a
•
38
40% Nov 20
6
Dec
Feb
6%
21
—-J00
preferred
American
1,500
Jan
,
2%
9
7
Dec
20
31
29-
Tobacco—---.
Water
Am
1.500
4
57% "53 .7
4
4 \J
,
43
24%"
1%
30%
30%
30%
7%
*4%
*24%
35%
*42%
30
30
24%
3%
*42
50
25
110
48 %
46%
46
*40
44
24%
1%.
*109
3%
3
3%
*42%
■
8
*42%
11.
35%
36
110
41
44',
17,200
57
4
57%
4
*24%
112
*10%
1%
*1%,
36
108%
55%
•/
4
16%
'*111
11
55%,
4
3%:
57
Aug
1
May 29
Dec
May
Dec
—-100
—10
American Viscose Corp
14
5?# preferred——100
6,800
Aug
51%
5% Nov
132% May 14
Telep & Teleg Co
Amer Type
:.,100
■
33%
42%
Jun
—100
Tobacco.™—.No
Sumatra
+6%
■
4,200
27
23
Dec
.—
Common
7 520
.
32%
115% 115%
'/-.
4%
24%
16%
112
*10%.
11%
•
4
25%
*24
•16
*15%
112
*111
24%
32
4
55
53%
4%
; 135%
7% /
7%
'
-
16
Dec
Apr
Foundries
Steei
American
Jan
%
;;
—.25
preferred—
Amer
4,000
11,000
Jan
4'A
36% OCt
35% May 14
—
Preferred
10,800
38%
Dec
9 % Apr
Sugar Refining——. —100
45%
Sep
Feb
•
20%
17%
American
4 4 V4
'/ V" 134"
3%
3%
3%
4
44
24%
25 %
24
15%
4%
32 3
32
i3i%:
Jan
9
Stove
44%:
J an
5
American
Am
Sep
3%
3
Am«r
45 %
7%
.
130%
'
*115% 116%
55
55%
55 %
*42%
24%
V
25
3%
'4%
77
4
133"4
.132
"77 7%
116Va
*54
%;
4 Vs
44
*42%
24%
4
55%
-
•/
3 %
'
32%
*115%
55
4 %
131
32
32%
3%
4
*24
7%
55
55
4
; /
*115%
.
4''a
*53
,■
132
3%
4.
;
*131'A
" 7%
32%
.
;"
57
*55
57
3%
.
32%
lie
3%'
3%
3 %
*55
.
7%
77V
45
V'
13°%
13°
.
44%
43%
•45
22 3 a
28%
Dec
Jan
American Stores
,7 7 300
'77 200
"
:
Feb
1%
26 V4 Jan
7400
.
18'%
93
14%
;
26
28
26% Jan
1,600
,
Aug
1%
15% Apr
1.000
11%
.
6%
Dec
21% May 21
■
% Mar 14
par
4,900
20%
„
Jan
V*
2
56
26
No par
-No par
No par
Smelting & Refg
6%
-
3%
9
30-
6% Jun
100
American Snuff.
1,600
37%
;
Jan
29
4% Oct
..18.50
Building Co
Ship
fPreferred
160
1%
2
preferred..—
-
20%
20%
11'44
*•
37%
148
*144
- 148
'
20%
37%
147
148%
36% .'.'37
36%
36%
*144
148
37%
**147
148
*146
353A
*144
37%
•37%
37%
38
148
9% Aug
Dec
10
14
Rolling Mill———i—-25
conv
'
*146
Feb
%
.100
Seating Co-a
Amer
Sep '
4%
•
,...
17
2% Apr
65
Jan
Aug
95%
Oct
2
Co.—^ No par
American
160
7
Jan
Feb
& Light_--—.l.
Safety Razor—
2,600
27%.r;:
275a
8%
19%
,
V
3% Jan
37
35% Mar
'
.
Feb
9V2
78
24%
5
•
4%. Dec
.
,
••I
Apr
35
+
16
Apr 29
113% Feb 20
'
27
*26 %
27
*26%
Jar,
Jan
Nov
11%
6
100 •
American
1,300
1,500
Jan
26
Mar
1% Jan
''
".
8%
xl7
:
42% Dec
24
par
News
American
fe,400
56
May 26
Ltd-—-.——No
Preferred
.
56
;10%
8% Dec
4 v:" May 15
—
23,000
'■/'
*151
158
'
a9
,
*151
158
10%
56
9
6 %
*151
158
55%
10 %
54
77 17%
121
26
Dec
49% Dec
2
par
No
$6 preferred
No
$5 preferred
-——.No
Am Rad & Stand San y .—-No
'
6%
*151
158
*151
158
17%
2
2
Metals..——No
&
Power
Amer
12,100
18
19 7 a
' 16%
.
20%
.19%
19
7% Nov
25% Dec
2
25
par
preferred
'
18%
7
x36% Apr 13
Fdy Co.——No par
Metals- Co
11,900
"
&
Amer
,
1,370
74
iii
•
Mach
-6 %
1,000
(M CO
CM
:
%
207a
,117%
*117
27%
"-27%'
"
/'■
117
117
u
20%,
20 %
20%
20%
117
'
'%■
%.
*20%
26%"\.
;
,
%
.
20%
117
*116%
117
4
Nov
3
9
32 % Sep
^i.-i-lOO-
Mach
•
20%
20%
*20%
? 116 %
16% Nov
27
_1
of 111.-
Co
115
Dec
9% Mar
28
•
par
Locomotive.——_.No
Amer
2.800
<
•
13
-
4
May
1 % Jan
preferred—4—-——--50
conv
Amer
•
Oct
Apr
90%
•
27
18% Jan
par
Corp—No
Preferred-
600
I
$,700
12%
,
.
5%
American
8,900
8%
82
18
23 Vs
Dec
107
2
26
.Jan
,
,——100
preferred-
Invest
American
/77f" 30
40
7
,-
*81
28
7% Mar 11
2%
Ice^4—'i...—No
Amer. Iaternat
100
Mar
Dec
3% May 27
Products.————1
Home
16%
3
110
7% Dec
16% Jun
,■
'
7; i
-
% Jan
Leather..
&
6?inon-eum
1.800
-
82
82
12% 7
"7%
8
7%.
82
'7.7
40
*39%
,
7%
82
*12%;
,
40
7%
8%
82
5
*5%.-
r\r.
'
39%
*81
■
•
preferred—. -1—50
conv
American
100
*4%
5 %»
*5%
6%
American
■Ml
79'A July
22
§,000
40
*3 7
34% July
Feb
22% Jan
25% Jun
$.900
54
,
Apr
56
2
-1.
200
;
Jan
185
Dec
Jan
23
100 % Dec
16% Jan
American Hide
1,100
.
%'/'•• /'/' "2%'7 23a
40
5%
:*'5%
2
35
95%
2
29
American Hawaiian SS Co— —.no
600
;
5
par
'900
.
2%
35
//
54
*37
5
7 '. *2%
35%
53%
■'f 2 %:
,
40
*4%
•
*2%
,
2%
■
7*34%.
2 Va
2Va
;
*37%
38
5%
.
•2%
2%
2%
33
4%
4%,
2%
35 »A
55%"
*36
*5
2%
54 %
35
35
*54%
.7
*34 %
'
55%
33 %
*32%
,
2%
■
92
-No par
preferred A—
preferred
Dec
-
'
par
47 Va
:.7:-;:~8%
:•",
Aug
Dec
13
103
3% May 25
par
.No
Power*-.
7%
46% / 47'A
/7
7%
Oct
3
Mar
Jan
May 26
14
Export Lines Inc.,™-_l
For'a
&
7%
47
7
40
Jan
Jan'
130%
Oct
20% Jan
Mar 16
15"
Dec
Jun
73% Jan
May 27
69
1
Thing-
'
7%
105
.—.—20
Co-
Encaustic
American
$,500
•;
16
100
39
'
European Sees
1,200
25
17 a 7
1%
1%
Ame-
1,100
157%
8'A
33
May 20
pat,'
—
Crystal Sugar™.--—10
6%,1st preferred
s-100
-
1,000
3
47%
176
Mar 12
55% May 21
American
•'iv^'T.V'lO
%
2
•
6%
.25
*6
3,500
15Va
*1%
2 (A
Cable
prefetred-7——
55%
20
of Allegh Co N J_i—25
American Colortype Co
—--10
'/? 500
100%;
&
conv
18
159
Am Coal Co
■
15%
,
*99
15%
I
Chain
28
par
Inc—— -No
Am
American Chicle——— -No
5%
3% Dec
74% Dec
100
...
Dec.
1
13
29
par
.No
Fdy—
moo
"
*1%
1
15%
,
100%
'
2Va
P
.-.-100
&
—_
20
1% Apr
I——25
1,700
V
'7%
*6%
'
Car
Preferred
7'
20
.
——
33
Apr 28
Apr
.
6 % Oct
56% Apr
Radio Corp—
&
Can
American
400
99%;
*17
;
.
.
120
t'Preferred——
-
2,300
i
18%
103
.
,
99
7.%
*15'A.
,
;;
*105
,
15 %
*99
,
*18%
.
:
7%
.
15%
2
47%
26
1%
47 %
15%
2,7
*G
26
1%
18%
15%
7'A
15%. 7:
100 %
15%
65%
108
American
650
-
25.
65%
*99% 100%
19%
*17 "
,
:
*98%
,
175
25
par
23
Fdy~— -No
Nov
49
3% Mar 11
Corp___
preferred—;. —1-100
conv
Amer Cable
1,700
174
Bosch
Brake Shoe &
"-5'/4%
20,500
65%
'
2
25%
1%
"
20
7%
*15%
7
1%
*17
4
73
3%
24%
18%
101
Am
oO
73
73
*10 5
.*
/„/
,
*65%
103
99%
^ 3%
1
American
1,000
30
130
24 %
18%
18%
29%
6 %
700
5
*123
174% 174%
25
15%
99
26
*5%
*
•
3%
73
65
np5
20
15%
15%'
1%
26
'
*7
15 %
15%
175 %
24 %
65
101/ 101%
7%
7
15
14%
3%
18%.
*17
29
174%
108
*43"\
130
71%
/
65%
18%
*105
.
29
*128
3%
25%
65
*46%
■
5
.
29
71%
176
,25
*4%
130
28%
71%
174%
:
5
*128
3%-
71%
176
176
107
>105
128
3%
71Vs2
*65%
:
128
47'A
47'A
47%
*4%
.
29
4
72
71%
*46 %
4%
28
127%
127%
47
4%
28
*27%
27%
!'127%
47
47%
5
;*46
"
Jan
5% July
8% July
12% Sep
Dec
34 >
July
Apr
V12%
Sep
97% July
35
Sep
Jan
2
12% Dec
18
7%
Feb
10% July
Jun
3
18% Jan
6
13%
Dec
24% Mar
Apr
30
15
x23% Nov
27
17%
Dec
20
Dec
Apr
Mar 20
Jun
8
Apr
24
31% Mar
27% July
26
Oct
9
105
Oct
9
102%
Dec
106
Oct
30
Feb
24
28%
Feb
32
Apr
110% Jan
10
Jun
126
Jan
30
6%
May 14
9 Va Dec
9%
May 20
17% Nov
39% Jan
3
108
6%
Dec
32%
Apr
8% July
2
28 % May 21
9% May 6
.
46%
Mar 18
17% Apr 27
8 V'a Dec 30
49% May 25
July
1
105
41%
15% NOV
12
10%
Dec
20%
54
Sep
24
50
Aug
57
24 »A Jan
19
Sep
Jan
May
19%
Dec
34% July
51%
Dec
89 %
Jan
Dec
131%
J»n
8% Dec 31
66 Ve Jan
2
115
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
135
NEW YORK STOCK RECORD
STOCKS
LOW AND HIGH SALE PRICES
Saturday
'
'
Jan.-4
$ per than
*26%
6
*27%
16 %,
10'/2
*70
.
13%
75
-
6y4
■
6%
13%
*13
•13%
.13%
*13%
15%
42,
*90
10%
42
■
;*9i
42
•
95
'
•,
16%
65/4
•6%
14
10%
10%
10 y4
•
80
.
42
.
.
42%
*41
92
:
8,600
16%
v
42%
92 %
1,200
?rVv';'4o'-
/92%:
38'/a
*38%
39
"38.%
*17
17%
*17
17%
22%
22%
.28%
28%
"'■/
*1% '
*30 \
,
22%
30%
2%
*28
.
22%. ,23%
28%
*r/a
,
26%
28
*2
2%
,40
*16%
17
23 y4
23 y8
*1%.
*38'/a
17%
*
..'
27%
22%
27%
v
2%
39%
-
17%
.40.
17%
23%
23V8
27%
7
27%
271%
*2
*2
2%
31
■
*30
32%:
30
*19
'■!
'31"/."',;'
...
20%
20
30
Bon Ami Co
20%
*8%
*18
21%
20%
34%
34%
35
vv'
*38
.
39%
;
38
as
38
.9%
20%'
35
38
;
*9
..;•■
•
21
*34
35
20%
'
9%
20%
21
■
2074
:
*9
9%
21
;
*18
20%
9.
■
■
*34
.
!
9%
914
34%
*38
1,400
-
'
21 %
3,80P
600
33%
600
39
•
_
:
:■
*ir- \
9%
-
n
9%
13
*^"4
*29%
13%
13%
6%
':<;•••
6%
3
20%
6%
9%
>'
20%
*24%
25»%
20%
20%
20%
57
57 y4
:
*57
59
*54%
9%
.
*2%
2%,
45
22
5%
5%
20%
3
3
9%
9%
>7074*
71%;
16%
16%
3
,3
43
*21%
22%
23%
57
23%
23%
•"
'■'
9%
»i;-1
23%
/ *27%
4%
*37%
27
3%
*3%
*77%
127%
127%
*127%
v.
*14%
14%
14%
14%
14%
14%
1,300
/
"*27% '
:/;/ 6%
>36
32 1 /
97%
41
*97
97%
8%
8%
17%
17%
«2% ..3.'
13%
*100
374
105
33%
105
33%
314
314
33%
33%
3474
33
*18
.*17%
18%
*17%
100
*8
18
18%
100
8%
>17%
18
100
/
:
18
■
*774 '
;
//
*17%'
9
33%
34%
34%
3474:
34%
35
9514
*94%
9714
95%
2%
C 2%
2%
".:/-, 274
*7%
*1%
s:..y
6
81a
2 >8
*2
10%
10%
1074
.674
■■V/
1074
6Vb
11
*5%
8
8
6%
,
;
/:/■
.
■
8
8
/■/:
2>4
2 %
1074
*6%
;
98
314
///:
6%
774,
.
/•■-;, *2/"
<■'
8
>
6%
11
;.
15%
15%
15%
15%
15%
15%
1514
1574
V'
1
'.
*37
*48
48%
/.
/
%
*U
■
•48%
1 a
:i2
1
%
•
12
274
*37
*:.4!
/,';
74
:
*11
12
14%
14%
•
2
Jan
1%
24%
Xf.
1%
r;'
*23
10 y4:
1%
1%
X. *23 ■■
10%
1%
,/-V 1%
*23
: 10%
96%
96%
*174
:
68%
1,300
/
10%
*10%
10%
97
97
*27
36
2474
*23
.68%,
1,900
36
.
.
36
*27
67%
10%
*23
:
3
*2%
3
*2% :'/■ 3
/■
r-:
*2%"
3
Class.
*110
125
*110
*50
75
*60
*109
110
109%
36
36
>113
125
*60
75
*60
>109
125
110
75
109%
3574
*110
3614
36%
36%
3574
125
/
.
*97
*2%
:
33
3
35%
*113
75
*28.
*274
*35 ' ;■
...
3574
120*"
*60
110
109%
74
12
t
111%
1
preferred—
Chicago Yellow Cab
,
Chlckasha
1,700
1,40.0
7
33
•
Clark
700
C.
120
*60
75
112
112
*30%
*30%
30%
31%
101%
31%"
102
101%
*101
•30% '
101%,
*30%'
31
30V4:
30%
101%
>101
101%
3074
Z
-3074
■101%' 101%
101%
*81%
85
*48%
60
*8214
85
50
*82%
*48%
€4
*82%
*4874
84
*83
*48%
*
50
*48%
84
*82 y4
.
84
X
120
.V''
-
Clev
700
;
:
5%
38%
*87%
34%
154%
*61%
17%
*106
106%
18%
*108
-
*108
14%
2%
3
8%
3%
3
16
15%
15%
2%
> 108
3
3%
16
*15%
•.
8%
16
.
.
16
For footnotes-see page 143,
1374
112-
14% : 14%
274
3%
,
•
14%
"3%
.
3
15 %
112
14%
'
106 y2
1774
1814
17%
112
*14
*106
3%
*314
16
16.
*6174
•
39%
15474
106%
*17%
1774.
112
*108
14%
'
3
*274
.1674
*106
108
*14
*,61 y2 ■; 63
;
*660
,16 74
16%
105
106%
17 74
108
17%
.
*14%
16%
4%
.4%
.
4%-
474
374
.3%
1574
1574.
374
374
15%
16%
*1574
300
:
1,500
■
60
:
15%,
474 '
1574
*1574
v
2,200
:
500
.
680
3 74
374
374.
16%
'
'
17%
3%
•
4
4
:
1061
3
3
600
,:
•
1674
*107%. .112
15.,
10
'.
I
'
2,000
18,700
:
!
16%
.
15%
*15%
4
16%
1674
■
:
2,430
:
750
•
2,000
:
500
July
474
Sep
Deo
15
474
25
Sep
67/» July
Deo
18
23
Deo
Aug
Feb
100
July
Dec
31
7V4
Apr
12
Jan
15%
Dei
24%
Sep
51
Mar
64%
Nov
Deo
174
Jan
•
2
li
1% Jan 14
474
11%
Jan
Jan
1
774 Nov
4%
Deo
774
Jan
2
1674 Nov
10
9%
Nov
14%
Jan
15 74 Dec
23
10%
Jun
17%
Aug 29
2674
Deo
40
33
3
Sep
Jan
Deo
•574
32%
Deo
3974
174
Deo
2
3774 Feb 16
Aug
Apr
374 July
474 Nov
9.
3874 Deo
Apr 20
9
32
Deo
41
Jan 28
79
Deo
22
Apr
9274 May
3074 Jan
,69
28 Va NOV
Jan
374 Nov
2
7
78 Dec
31
♦3
Feb
130 Dec
28
112
Mar
42% Dec
28
36
Deo
6074 July
2974 Dec
274 May 18
Jan
2
774 NOV
2
Apr 14
22% July. 2
15
18%
Deo
2974 July
17
16
12 74
3%
Deo
8774
125
Jan
Sep
Jan
9.774 Dec 30
■
22
11674 Mar
12274
Dec
,5% Deo
1074
Jun
Sep
9774 Dec 26
28
66
Feb
25
7574 Dec 30
65
Dec
75
16
Apr 27
2374 Jan 27
*15%
Jun
2274 Mar
MarlO
274 Apr
July
15% Sep
1474 Jun
93
Apr
5V2 Apr
27% Apr
:
Deo
11574
Jan
Deo
474
Aug
474
Feb
374 Nov 12
2
31
77
Jan. 29
18
14
6
2
104 Dec
35Oct 23
32% Dec 21
17
Deo
Deo
4
July
Oct
97
Apr
Deo
25
1%
Deo
3474 July
574 Jan
22 74
Apr
37%
13
Oct
21% Jan
374 Nov 10'
2
14
26
27
22
24
8
16
Deo
1
Jan.
374 Oct
Jan
174 Apr 28
2374 Jan
174
108%
110
2
Jun 29
11
,
6
18% Oct
29
1474
Deo
2274
1.00% NOV
;6
95%
Deo
107%
9
574
Deo
18
Jan
3.674 Jan 27
31%
Deo
44%
Jan
93
Deo
102%
Feb
Deo
v
■■•>
9% Oct
Feb
7
274 Dec
4
874 Nov
2
174 Jun
2
,.274 Jan
26
1A
874 Jun
2
1374 Sep
16
374 Mar
774 Nov
.9
3
Apr
74 Apr
/:;/ 274 Jun
474 Jan 23
98
/
33
Aug 11
Apr 28
1774 Jan
47
July 16
52
12
No par
334 Jan
2
—1—100
——No par
:Va Mar 23
10
1174 Jun 26
874 Jan
1
:
20
9
92
32
Dec
3
15
May 28
Jan
2
3
Deo
874 Jan
9% Feb
3774 Apr
1974 July
44% Jan
49
54
Apr
A Deo
A Deo
A July
74
Jan
74
Jan
9
8% May
974
Sep
Sep
Aug
,
11% Nov
1374 Feb 27
6
274 Feb
10%
14%
Feb
1
Deo
3
Jan
13
20
Deo
27
Jan
70 74 Dec
28
41%
Deo
72%
Jan
'
Deo
1074 Feb
25
1
3
1074 Aug
8
92
Deo
10474
Aug
40
Aug
46%
Feb
3
2
Deo
474
Sep
Jun
25
Dec 31
15
May -11
3974 Nov
125
,
4
2974
Deo
4074 Aug
Dec 30
Mar 10
7074
Oct
85
Jan
11274 Nov 16
10974
Dec
115
Aug
72
3174 Dec 22
24
3374 Jan
Oct
16
98
84% Mar 10
81
Dee
47
May 2
32% Apr 28
,2574 Apr 24
,50
Jan 26
44
Jan
22
149
Nov
7
142
567^ Mar 24
92
NOV
28
78
6374 Jan
®
470
Feb 25
1774 NoV 30
60
Mar
740
105
May
7774 May U
July
9574 May .15
■
A Feb
9
17
139
Jan
55% Jan 28
470
July
24
174 Sep 25
% Sep 28
174 Sep
Aug 18
6774 Apr
gtd.™ --50
Oct
July
Apr 14
Jun
6
107% Jun
preferred——™™„——100
3
11% Nov
99
—100
■22
5
3%
174 July
674
Mar
Oct
34
pfd-—-No par
Graph BrOnze Co/<The)^.—l
J^n
A
174 Mar
Sep
May 12
Oct 19
2'/a Mar
Louis Ry. Co..—100
3974 Jan 21
,2
% Jan
Jan
Jan
19
5
,89
;
374 July
9
J
2
274 Nov
1% May 27
80
.174 Jan
28
—
'974
174 Deo
Deo
2274 Dec* 24
117
: Climax
,
Deo
Deo
5374 Nov
77
-No par
.Special gtd
stodk™—™*™_™|50;
Molybdenum-™--;
No par
: Cluett Peabody & CP——-No par
I
Preferred ->———100
Coca-Cola Co ,(The)—:——No par
Class A
—X
No par 1
7 Coca-pola Intern: Corp.;
No par ,
: Colgate-Palmolive-Peet
No par
$4.25 preferred.
No par
; Collins & Aikpian——^
-No par
:
5%
conv
preferred-;-™100
Colo Fuel & Iron Corp——No par
Colorado St Southern
—100
4% 1st preferred-,—-—100
.4%'2d preferred
2
—108
Columb Br'd Sys Inc cl A——2.50
Class B
--2^0
6674 Nov
May
"574
6
2
"5474 Apr
.
/
8974
:89 74
,
6.3
17%
150
:150
90
,
1
;
::39%
: 34 i
34
3414
34.
*89
■17
*106
■1.3
3974
63
*48 Va- Z 50
.
39%
*660
17
*14
60
*148%..
90
•
*,660
1714
17
106%
90
"61%
63
*660
17%
39%
34 %
•
*14814 15474
68 %
*61%
63
17%
107
18%-
*
8874
88
,88
*660
1714
39%
34
34%
*148%
63
*660
,
34%
15474
1
88%
*61%
38%
34
*148
34
15474
*■
39
*38%
38%
3.4
*148
.
Sep
20% July
2%
2
14
"
'
50
39%
49
Jan
35%
;
7674
17
120
Clev & Pitts RR Co 7 %
,
Dec
13
10
43% Jan
preerred
Deo
15%
Jan
Jan
Equipment————No par
C. C. & St.
5fe
23 74
87,4 July
34 74
374 Jan 14
6
95
77
—No par
preferred——™—™—100
Clev El Ilium $4.50
130
Deo
Jan
July
25
27 % Dec 31
.100
No par
Dec
1074 Nov
9Va Apr
i.
'
*101%
6
174 Feb 10
City Investing Co..————100
City Stores
—U-—-—--5 ;
3574
75"
674 Feb
21% July 21
29
32
,Copper' C,o_—_————'25
6V2 %
120
3
111%
26
4
2974 May 16
Chrysler Corp
City Ice & Fuel
1,30.0
•
■<■)->
,
Oil
./ Childs Co——
■Chile
v
Cotton
12,300
:.
'
10%
99
>113
.
6%
800
;.
6874
:
24 74 Oct
2
14
374 Jan
A—™———™—-™™^.——,.40.
Chicago Pneumat Tool
76
1174 Jan
Chesapeake & Ohio Ry
—25
Preferred series A———100
RR Co
874
18%
Jan
5%
Deo
Feb
.'574 Jun
:
No par
East 111
274
81
Jan
5
% Jun
(3 conv preferred
No par
X./'Pr pf ($2.50) cum diy—-No par
Chic Rock Is) & Pacific———100
9 % preferred——————100
24% ;
■
•10%
98
*2814
'
*36'/a
100
c
1%
:;
.6774
10%
98
36
200
200
14.74
*174
.
,
'
*2%
■
14%..
68%
*10%
98
97
*27%
.
>% X.i
74
'
96%
*28
/■,;
■
/
*
*96
37 v
400
*11%
/
174
174
24%
68
,
:
1474
14%
1%
*23
2474
67%
69
10%
.
.
24%
■
68%
68%
68%
"12
.
8
Nov
16V2 Jan
Chicago Great West. RR Co—50
5%" preferred—
.——50
Chicago Mail Order Co
,—5
1,700
■;■,//'•>'SV'
74
3% Feb
44
5 0 74 Apr
Cpam Pap & Fib Co^™——No par
■6% preferred
-100
Cab Mfg-—5 ■;
..
300
:
'■
50,
'
*4674
22
13
10
Checker
Chic
4,700
;
■
774
...37;",::
.
"
i
*%
"%
*11%
/
'
/./
50
'
74
14
.
iV
*%
12
13%
37%
*47%
Oct
26 74 Nov ;7'
2074 Dec 30
,
274 Apr 17
674 Mar 6
—
14,200
1274
118
Jun
1574 Mar 30.
25
21
27
>:
15V4 '-1574
1574
1514
37%
4814
74
*11
13%
'■.■"
n.
»J/s>
.
12
13%
-16
:
%'
*%'
*11%
13%
*13
*37
50
*
a7a
1
:*tt.
-
38
l/>48/%
38
50 ,.y
32
:
*37
-,38' /./:
7% Oct 26
7% Deo
*109
31
Certain-teed products—_—™—l
"
/
/>
14
69 74 Dec
"
38
14
8574 Dec
Dec
'
*48
9
27
3% Dec
974 Oct
Cerro de Pasco Copper——No par
100
11
674
■
874 Jan
57
82
10,306
/
874 ;/
:
;
23% Mar
55% Dec
Century Ribbon Mills--™
No par
Preferred
/«———100
■
Sep
Sep
14%
37
Deo
2
474 Sep
474%
Chain Belt Co
Jan
Deo
112% Jan
Sep 25
Foundry
,6% prior preferred
Aug
67a
Jan
17
1974 Feb
Co—
1
preferred—100
..100
Central Violeta Sugar Co
•
Oct
27a
•7
24
18
.
45%
Deo
1174
Apr
40
'
Apr
Dec
74
1
30
274 Jan
•
■
.
2
Jan
1474 Oct 23
8
2
;
16
1074 Nov'
Apr 24
2,980
3%
-
6
35
Apr 24
Central 111 Lt
200
98
2 74
214
13
874 Dec
874
374
,
.8
11 '• /
674.':'.
'
10%
>
:
3
Jan
%
1207's Jan
110
*9474
;•/
314
Jan
1% Jan
NOV
2,500
,
3474 / 3514 /
35%..
*94%
314
38
v,;
■674 Aug 12
400
*8
..
43
Apr 18
Apr 29
2,300
3
100
Apr 21
674 Jan
;
Central
9974
.
Jan
53
Corp—U™—_,
-—.No par
5 f# preferred™-,™.—100
Central Agulrre Assoc—v—No par
.17.74 /'
is >: is ",//"■'
9%
;.
3474
35%
1074
214
*774■
100
*94%
2%
*1%
2%
*10%
■
3
:
41
51
Celotex
>17%
18%
100
100
f
9%
-3514
9514 /
2%
774
100
Deo
Apr 23
300
32% / 33%
1774"
23%
Apr 29
Apr 17
1,200
-
33%
;
3574 Nov 13
574 Sep
tCent RR of New Jersey
105%
,
Jan
2
Jan
16% May 27
19% May 1
1474 May 1
par
2,300
3%
.3
Jan
82
/'./"; 70
1374
3314
>->/
3314
"*18
18%
'*9974
■
3
*17%
,
104
33%
■;;
33
1774,
*774
*94%
■
33%
>18
,
>9974 100
874
;
:
18
X
104%
33%
■:r- 3
3 Va
1374
.
1274
2574
110
160
¬
100
■/., >3, :•/;
3
■
>100
33%
3
34'4
33%
3.
Dea
Deo
Deo
974 Nov
preferred——100
/; 3%
>274
1374 '.1374
/105
33%
33%
*98
3
1774
674
1
1,800
Vi
214
2%
>
99
-
Deo
Jan
14 V*
30
series prior
16%
397a
9
15
5%
Deo
Sep
20% Sep 30
11% Sep
:
™-5
1
—100
——™_™—.™—100''
Steel Co
28
Jan
2174 NOV 21
/ / 1% prior preferred——^--™™:—100
1% 2d preferredu..™—-—100
8,800
'
3%
3%
10
16%
*2%
■
13%
33%
3
80
le %
214
99
70
874
79%
'9
74
54
2
No par
////;.■■ 00;
"
'
79 y2
214
:
3*
*3
>100
/
105
■
13%
;
374
""
3
-'2%
.
14%-
*13%
3%
2%
9874
9874
98
98
..■•
3
2%
214
214
214
98 V2
97
17%
7874
16%
No
—
Caterpillar Tractor.
7,300
.
*96
:■
19
3174 Nov
MarlO
Celanese Corp of Amer™.™ ™__No par
5,500'
4174
2774
874:
78%
Mills
.Preferred
30
>95
97
*12014 12274
97
' 874
78%
13
33 y2
*7%
8%
*1714
*2%
105%?
9714
120%
>96
97
17%
2
3%
*95
I
8%
9714
119%
'
78%
97%
If
74 July
5
374 Oct
7
Apr 23
28% July
1
97a Apr 17
-Capital Admin class A™—
-™™1
$3 preferred A—
10
Carolina Clincli & Ohio Ry_™™-™100
700
*127% 128%
128%
120%
97 y4
97%
17%
*2%
13%.
*99%
Sep
3
A
Carriers & General Corp—.:
Case iJ I) Co——
-
27%
78%
"
*17%
21
Feb
—
Carpenter
'4114
17%
//.
174
*17%
Apr
par
—
800,
/
3%
"78%
78
27
11974
2.
lI6
41
*96
Zinc-Lead
400
40%
77
27 a
3
2174
16
1
Calumet & Hecla Cons Cop—
5
Campbell W & C Fdy
-X—™No par
Canada Dry Ginger Ale
5
Canada Southern Ry Co™-—
100
"Canadian -Pacific; Ry
25.
85 y4
314
.'
2374 July
2874 Dec 3Q
30
California Packing™™™—No par
5% preferred—
50
25 y4
?, 267-4
'
17%
-
98%
■/'; 33%
*127%
77
76%
3 '/2
111% Jan
38
Deo,
Apr
26
™™™_^_—100
85.
78%
1
preferred
Cannon
Oct
89
May 22
774 Jun 29
No par
No par
Watch—™™—
Callahan
25 V»
Deo
4——™—-1.
Co—
25 %
.
18
Deo
—
600
4%
*37%'
Jan
Dec
17
.
39%
'
41%
4074
97%
8%
'
35
43
15% Jan
Bldg 7% preferred—100
; Butler Bros
—™*_——™™™10
conv preferred—™
™™._30
Butte; Copper &"Zlnc™™J—.™™_——5.
Byers CO (A M)
No par
Participating preferred
100 :/
Byron /Jackson Co
—:___No par
200
3.7
••
'/■■/2727%
119
*97
78,300
*414
■
26%'
*3
*77
-
127Va" 127%
;y;97"C-
119
97%
8%
■/•
32%
97
■■!■
119
119
3%
77%
30%
'
*36
•
85
-
*25%
3%
77y4
'•/
27%
97%
/" *2%
X85
27 y4
;
674
39%
85%
*25%
4114
2774
*37%
■
*85%
123%
41%
4%
*2714
•
36%
4%
■/;/'
39 y2
■
28
36%
4%
*37%
.
■
30%
6% ■/' 7 y-y
■
36%
..
6%
*27%
•
6%
*4%
.
.
78 y2
40%
97%
1%
71:
27%
'118% 119
%
2,300
"•
Sep
X15
Bush Term
:
2,500
2,400
27% y-;.
3%
*26
27%
78%
3%
;■/% •/••'%
%
Mar
24 74
18%
25
Terminal.™™—_™—™__1;
6%
;...
3,400
57
6%
85 %
;/
22%-
*53
•'/•/, % '//
•I
15%
39%
.85%
40%
22%
57. V"/
6%
4%
85%
78
28%
22%
*53
■>>' 2,400
15%
36%
•4 5 a
39%
.
22%
-
57
•
fi 6%
*85
'
28
*2%
■;
*37%
40%
13
''0%
'■
36%
4%
129
*97
29
*36
36 y2
4%
3%
•
u
u>
..
*27%
36%
,
;
33^:
6%
1:;:' «%"
78%
16%
15%
14%
27
16 %
6%
14%
*76%
16%
15%
15
■V
60
,
-6%
14%
85%
600
'72
,
15%
14%
40
2,700
9%
9%
72
6%
..
*37%
•"
72%
■
Oct
90
Apr
'
500
.
3%
3%
<
2,400
5%
21%
,
;
17
Deo
1274
17% Jan
7
22% Dec 30
Burroughs Ad.d Maoh_™™—™;_No par
Bush-
.
ap.
290.
16%
16%
-
c%
15%
*25 y«
5%
3%
2,700
2214
*21
9 %:
800
:.&"43" r;'.
Deo
7.0
2
1% Jun 25
Burlington Mills Corp
i™i™™-™l.
Conv pref $2.75.ser___—.No par
Conv pfd $2.50 series—,
500
15%
U
6%
6%
*71
,73■
*53
15%
76%
Forge
Bulova
7.700
3%
Va
22
21%
*9Va
.
2
*.'41.
5 %;
■
3%
374
'
;
>
21V4
23%
V;/;v
"57:
.*53
//
u
.
0%
30
5%
5%
21
.
j
•:
■/
.
>:
9%
:v
!
*53 •
*85
.
3,
16%
6%
*17%
Wheel—No
Buffalo
400
56%
9%
10
1
■
Bullard ■ Co._™—
2,600
57%
:
56
9%
2
Dec
95% Feb 16
May 20
-
Budd
20,0
1,200
21%
21%
56
*41!,/r
*9%
16%
8%
no
4,200
■■
;
25%
*57
*56%
21%
*71
16
97
57%.
7
20
*25
r'
:.41/;,'.;
.
3%
.
16%
16%
17
6%
*96
25%
55%
5%
*70%
73%
'22%
>
%
'7
3
16%
;."■%'
*127%
6%
.21%
20%.
'/// 9%
21
974 / 9%
',72 V:,'.
9%
*70%
;
57
4%
*25
55%
21%
20%
16%
•
6%
9%
9%.;
2% Y '3
5%
1
20%
3
■
:/
14%
,
14% >14%
20
57
41
16
•
14%
24%
;/ :
22
.
5%
.
■'
*36
;
/.■;>'•
76'A
Jan
75
•
2,900
314
:
76%
20%
57
43%
22
22%
*20 y8
6%
3
,
6%
21%/
:.55%
2%
•■:.
*41
5%
*27%
.3/- '
77%
'
Jan
.2
6
Dec
8
—u-5
preferred™
—_™—™™—u-100 *103% Mar 12
Budd (E G) Mfg-™™.—U-:-.--No par
274 Apr 24
7 % ■ preferred—I———™——100.
47% Jun 10
7 %
•
1874
4074 Jan
™—No par
No par
Brown Shoe Co™
'
•:
Deo
19% Jan
—_5
—..100'
Bucyru^-Erie 'Co——,
67'8
107
19%
21
9%
&%
9%
20%
6 y2 *
3,90p
6%
*105
*14%
20%;
24%
,
56
*55%
56%
5%
*
Bruns-Balke-Collender.
6%
*14%
25%
1,700
■
"
■
100
13%
15%
6%
7
14%
*41"
.23
3
20%
23
*53
"6%
10%
29%
3,800
13
18% Mar 31
——-No par
Bristpl-Mye.rs / Co———-—-5
Brooklyn & Queens Tr_——No par
Bklyn-Manh .Transit—:i—..-—No par
•Brooklyn Union Gas——No par
10
z
Jan
3
Aug
3074 Apr 28
Briggs ■-& Stratton
13%
'
107
*76
14%
■%;. 2%.
2%
3%
77%
20%
20%
■
100
Sep
1074
15
13 y8
Co
29%
13%
6%
'3%
14%
2%
"8%
10%.
29%
*105
77%
374
'
"■"'■.v. %
.//■•''/■'"
1 %
2374
Deo
Deo
21 Va Jan
May 29
'
9%
*21%
9%
107
*105
20%
45' >
:
;; ;.y*3.T ■"=>-:■
.
25%
59
*22%
IVe
*29%
/ .13%
•6%:
6%
.
;
78
674
6%
9%
14'
*20%
'
.56%
*2%
*%:
1%
29%
14
19%.
*13%
X 25%
20%
*57
7
77%
,
9%
*29
.
107
■',,'3.'
V
3
6%
19%
*55
6%
78
'
,
14
*105
107
78
15
"
■
7/''>
6%
79%
*19%
9%
*105
3
*77
; *25
*%'
,1%
'
9%,
29%
S%
29%
13%
•'
107
*13%
V%i;\V
1J/8
;
%
-
i7ff
1%
.
9%
*29%
29%.
*104%
*74
A
*
13
3
*74
-
i%.
*29
6
,v
May
72
^__-5
Brewing Corp. of America^
-15
Bridgeport Brass Co-.™-,*—i-No par
Briggs Manufacturing™,--—No par
200
«
9 y4
33 %
37%'
•?
'
20%
37%
38%
21
33%
.
>/■:
*19%' >20%
•
20%
35
: *37%-.
/
9%
21.
3174
Dec
5
12
Apr 3,0
25
Bowei- Roller .Bearing Co
300
Deo
1574
14% Jan
3
July 15
I3y8 May 20
15
Borg-Warner ,Corp___„^_„^
>/:
21
58
Stores
Borden
Boston & Maine
■
*18
;'
Bond
2%
31 %'
8
Highest
i per than
1974 Jan 28
77a Jan 14
29
2
Sep 21
.11% Jun
No par
I.-.........:. Jo ))(ir
7,600
,
=5
Year 1941
Lowest
8 per than
$ per shan
1*% Apr 29
par
A-—^
class
4,800
:
,
Class 0
...
400
:
27%.
*29%
'
.
23%
;
"
'
32
V"/ 10
t-
•17 '4
17
23%
27%
2 y2
.
..
40
*38%
...
1874 Apr
No pur
No par
No
'
*38%
38%
.17%
..
J per than
.Bloomlngdale ;Brpthers-^—~No par
Blumenthal & Co preferred^-—!00
■Boeings Airplane
Bohn Alumlnpm & Brass
——>5
80
15 y2
far
.
Laughluiinc--„-,^r-^/,^8
Bliss ,&
170
10%,
*75
.
.15%
■
.Biaw-Knox
100
:
■
,
Range for Previous
On Basis of JOO-Share tots
Lowest
Highest
'
Bigelow-Sanf Carp Inc
Black & Decker Mfg Co
l.ioo
2,900
;
J
«
;
200
•
■
14
*13%-'
v
92
.
/.
,
15%
,
43
,"9.5
*90%
16%
*7.5
15 y4
43
/
95
27%-
»
'6%
*13%
80
•15%-
42
*96%
:
'
10%
"
*73
15%
27%
16
'6%;
;
13%
.10 1
.
.80.
1574
15%
•41%
95
10%
; *73
75
•
•
15 %
.,*41%
10%
10%
*69
27%
16
16 y8:
-6%
16,
16
Shares
,* per shara
Range for 3942
YORK STOCK
EXCHANGE
•■
iite Week
•-
27%
,
16 y8
6,%
<
'
14%
'/'
28%
*27%
28 y2
*27%
6%
16%
6%
;■
'/ 1 Jan. 8
I per- shjart
NEW
Sales for
Friday
'.%•
v.-; Jan. 7
t per than
8 per Mara <■
30
16
6'/a
*13
*9%
,
Ve
Thnrsday
i
Jan. 6
t
,f.
f per than
'30
.
>16
Wednesday
>>., Tuesday>
■;
Jan. 6
Monday
;
Jan. ■%
Feb 25
1174 Mar 13
•97 Ys Apr
102
Dec
36% Jan
10774 Dec
5
3
21
25
7
96
May 1
13% May 31
1874 Oct 13
Dec 10
108
74 Apr 16
4% Sep 22
1074 May
18% Jan 26
8474
Sep
Oct
48% Nov
60
27
44% Deo
Feb
28%
Feb
3974
Mar
Sep
Dee
,
148
Sep
Deo
106
Jan
10%
Feb
740
16%
Dee
100%
63%
Deo
11
.
106
Nov
July
Bep
Nov
30% Jan
105% Dee
114
Mar
12% Dee
% Deo
20
Jan
1%
Jan
Dee
1
3% Aug
Dee,
2%
May 19
7/a July 10
574 Sep 22
874 Apr 17
-874 Apr 24
1674 Dec 21
11
Dee
21% Jan
19
11
Dee
21
1
-
5
%
Sep 21
1674 Dec
Sep
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
136
Monday, January il, 1943
NEW YORK STOCK RECORD
Saturday
Monday
Jan. 4
' Wednesday
Tuesday
Jan. 2
Jan. 5
Range for .1942
.STOCKS
LOW AND HIGH SALE PRICES
Friday
the Week
Jan. 7
On
HEW YORK STOCK
Sales for
Jan. 8
Thursday
Jan. 6
Basis
of
Range for Previous
1(M)-Share Lots
Lowest
EXCHANGE
■
Year 1041
Lowest
Highest
Highest
'
$ per share
* per snare
t per share
2
2
2%
1%
2
40 %
40
37
37%
37%
85
85
85
10 'A
,
$ per share
10%
10
10
*31
33
32
32
28%
28
28%
'102
104%
•*31
2
%
33
28%
29
*102
32%
32 Vi
85
38
38
38
85
85
84%
9%
9%
9%
y2
9%
27%
32
30%
9%
9%
9%
9%
'
-9%
•
.9%
9%
•9%
9%'
%
U
%
37%
37%
37%
38%
22
22%
22%
22%
22%
*3
3%
3%
.;*3
17%
•
■
%
38%
21%
•
37%
2iy«
'
3
*2%
%
•
a
37%
37%
22 '
21%
22
3
.*2%
3%
,v
*
-21%
;
/ '"fir
37 %
/fr
•
.
0'3
4
18%
18%
18%
187®
16%
16%
16%
16%
17
10%
10%
10%
10%
10%
89
89
89
90%
90%
S0%
*86%
•
90%
'
*
*86%
90%
*3
>
8,700
$6 preferred serles/—„_>„No par
38%
17%
/
40%
.
100
V
17%
18
17%
17
17%
16%
17
17
418%
10%
11
11
11
11]
90
901/4
*88
90
,*88
90
90%
•
90%
-
■<:
y
A
4%
■
'4%
•
•
15%
15%
*J3
8
*2%
7'
-
;•
*&
:•
'
>7
1
4%
•
7%
4%-
,
a; 60
8
7.
r"
■9iV
7%
4%
*.7%
I
'
2%
.
15%
92%
%
•.
a :
■'
A'
57
-
-7]/b
'.:>7--;.
,4%
*4%,
,
•4%
'
A
•
7%
'•
*34
'89
,
36
>
■;.
■.
'♦
v.89
*16 %:!
•
"*4%
;
*34
16%
•
.
V"
•
'.*27'A s'
'
'.*•
n
42-\
-
*4%
■>3
27%
-
27
'A
"■
;
16 A
16y4.
16
A.
16%
'
r,
■,
96
5
*95%
?
♦
7%
J'-'*
41%
r
42
41%
26%
A
7%
7%
4'A
26%
27%
26%
19%
19%
19%
*19%
9%
9%
9%
9%
*44
46
*44
47
2.700
100
46 y4
.
11,700
■'
-X
:
J'
•
4%
AVs
■■
X
4%
;■
8,700
Continental
6,400
26%
25%
26%
19%
*19%
19%
9%
9%
9%
48
*44
*44
48
38%
39
39
39
/• 55%
55%
55%
56%
55%
55%
55%
55%
55
55%
55%
55 V2
*176%
177%
2%
n
*16%
*%
15%
14%
15%
,■
95%
95 .-A
96
.96
16%
16%
16%
16%
9%
16 72
9%
'
14%
9%
*18%'
19%
*36%
39
*liy8:
"i. 197®
11%
f
81%
*36'
197®
..
11%
39
A
81%
32%
*71
9%
•••.
'•
3
Corn
of
7% Jan 14
T67/® Nov
8% Jan 13
9:
Nov
.7
May
.!
15
14%
15
96
96%
17%
17%
17%
9%
*8%
9%
%
7?/a NOV
,107% Jan
1% July
11
Deo
July
7
Nov
15
39
2
'
16% Oct 24
Dec
5
6% May
9% Nov
Deo
.3/4 Feb
27®
Feb
14
;
•
Doc
93
,v
Dec
11
Jan
7% July
•
30
July
1067® Jan
Dec
16% July
27®,Dec
17
57® Aug
109% Nov
.
.
Jan
79
103% Jan 28
Apr 28
37®
5
6
96% Jan
21
1% Deo
9
Products
-15'A
17,400
96%
•15
.'■•:
;■
200
*95
*17%
.
65/®
Feb
35%
Feb
15% Apr
9% Dec
23%
Jan
187®
Jan
Mar 13
51% Jan 30
48
Deo
66%
Sep
—20
23% Apr 24
37% Dec 28
28% Deo
52%
—25
>A Apr 17
159
Apr 17
1
Del—
5
—
—-5
series————50
Refining
——————100
.
preferred
—100
Cream of Wheat Corp (The) —?
900
118
40% Jan
15
Coty Internal; Corp—
a.——1
.Crane
Co
———_———25...
5%
217® Deo
28% Dec 18
conv
2% May
17
Apr
50% Apr
8% Apr
45
8% Jan
47/a NOV
5
27% Dec 30
21% Nov
28
Oct
2
*
10
f
Sep
47® Jan
277® Nov
.'2% Dec
:, 17% Feb
.
Sep
457®
,
170
Apr
x54
Jan
Dec
Mar
42%
182%
Jan
3% Nov 10
27® Dec
7/n NOV 21
A Dec
4%*; Jan
7® Jan
31
11
Deo
987® Nov 10
88
Dec
107
167® Dec
1
10% Deo
19
Jan
9% Dec 24
49/® Jan
9
July
14% Dec
15
12y2Jan
Dec
,
179
2% May 22
II Apr
8
10% Apr 17
Jun
5
58
42
2
85
9
12% Jan
.
*18y2
19 »A
18%
38% •'■
37%
377/a
*37%
11%
11%
11%
11%
82
82
32%
72%
32%
9%
t
1,100
1,000
♦18%. *18%
8? A
32%
71%
9%
•
,
71%
18%
387/a„ A
Crosley Corp (The)————No par
11%
>*81
82%
32%
32%
33%
73
A 73
72%,
*9%
•
10
*81
•
A *71%
*9%,
9%
7%
10
7%
11%
9%
.
:
$2.25 conv preferred
No par
Crown Zellerbach Corp—A---5
$5 conv preferred—No par
*37%
•
•387/a
♦ll'/a
Crown Cork is Seal—
100
ll'/a
1,500
7.
81%
•
32%
;72%
*72
Crucible Steel of Amer
2,600
200
32%
9%
9%..
70
82
5%
No par
1
14% May
9
20% Nov
28
Jan
8
197,
.
Jan
Jan
277®
Jan
457®
jan
Deo
157®
Jan
80
Deo
94
Oct
4
28
Deo
7
73% Deo
17® May
3% Feb
41
Apr 27
127® Sep 25
88% Jan 15
39% NOV
NOV
May 19
23% May 20
84
preferred———100
preferred
—100
5
Jun
29
9
Jan
27
88
Jun
13
140
Jun
3
74% Jan
2
Cuba RR 6%
Jun
25
63
conv
7%
•:
7%
7%
7%
7%
.
•
112
*90
115
*105
110
*105
110
*90
115
*90
lis
*90
il5
10%
*10%
10%
18%
18
■♦*17W
*97
*105'
115
*101%
*95
100
<
11
10%
11
18%
.*17%
'
w
100
11
:
18%
*99
100
,*17%
1%
1%
1%
1%
1%
1%
30%
30%
*30%
31%
30%
30%
17-
17
6%
1
17
17
17»4
17
17
'
7%
7%
22%
7
7%
22%
227®
22
22
*92
100
*92
100
*92
83
*76
83
*76
83
15%
15%
16%
16%
3%
3%
;
22%
100
*76
*15%
115
1%
1%
32
*92%
*76
7
30%
7%
100
■
17%
,3%
*3%
*16
17%
12
3,600
17,700
2,800
100
83
12%
17%
■
2,700
18
-
—a—.100
——*
preferred
conv
100
Cudahy Packing Co
30
:Cuneo Press- Inc—-——A—-5 >
t:
4%%' preferred———
*„100
•
133/4 Jan 14
8% Jun 26
No par
Preferred————————No par
Prior preferred—*
*
No par
Curtiss-Wrlght —* a————**** 1:
Class A-———-4——————1
Cushman's Sons Inc 7% pfd
100
$8 preferied-A*——*«.*—_No par
Cutler-Hammer Inc—A—No par
95% Dec 14
13% Jan 14
83A May 29
Mar 14
13
195/4 Sep 12
;
Feb
18
J2 Jan
2
Dec 31
100
2
90
Curtis Pub Co (The)
270
-7%
.
*92%
18
6,500
22'A
-
*76
3%
17%
60
18%
7
83
177/a
200
-32
17%
'
100
18
1,700
18
22
7%
*76
11 y®
t
32
22%
*92%
83
5%%
100
1% .>■• 1%
30%
7 '■
22%
Preferred
100
i%'
17%
17
18
;
17
-.
22%
1,700
115
10%
18%
100
*99%
7%
*90
11
11
*17%
18%
17%
■
7%
22%
7%
*30%
7.%
*105-.- 110
110
*90
100
1%
;
*105
i>;'
11
*99
*
A
A V/a
7%
.
Jun
.
47% Jan
,
98%
8%
127%
Sep
Sep
77
Feb
Deo
417® Feb
8
Jatt
13% Nov
Dec
16%
Jan
12% Deo
23
Jan
Deo
99
98
Deo
14
% Dec
133/® Dec
45
16
3434 Feb
10% Sep
29% Jan
Oct
20% Oct
30
15
5% May 20
9>/a Jan
6
Jun 24
257® Jan
12
80
Jan
19
95
44
Jan
17
81
12% Jun 22
18
18
72
•
32% Nov 12
13% May 19
12
Dec
10
Mar 27
10
77
15
387® Dec
32
Cuban-American Sugar———100
60
9%
•
.—No par
5% May
'
-
Deo
42% Dec 29
CotyAlnc—A————..I A
300
A
.
96%
*8%
'
19%
19%
*36%
."A
33%
*9%
10
*7%
'
Jan
'
113/» July Ao
2% Apr 29
77
Jan
8'/® July
23% Jan
Deo
7
8
Jan
103
Deo
x82
Oct 26
Jan
157®
97'A
Deo
11%
16
3
s
May
% Nov 17
Jan
183/® Aug
237® Deo
,.
?
47® .Deo
.
4
Jan
94 ;
2
9
,4% Jan
Corp———No par
pref 5%
Preferred
120
1,000
3
3
A/
%
17%
9%.
'
,
827®
*71%
73%
•
;-*9%
11%
33
•
81%
32 y2
,
77
90
3
Jan
28
8
23
29
29
Corn Exch Bank Trust Co
"
,
Dec
9% Deo
18%
Feb 24
89
Apr 20
/
4
Jan
4
»
*9%
•
*2%
%
Conv
2,800
178
178
179
*178
2%
*%
,
*94%
-
178"
2%
%
•
95%
-9
178
3
97% Feb
82
'
:
u
14%
•*94%
\
178
*2%
.
'
14% '14%
■
*177
•
2%.
::
12% Dec
307®
303A Apr
Copperweld Steel Co—
880
38%
:
21% Mar 25,
Jan
21'/® Apr '29
57/® Sep 22
Motors—
Continental Steel
100
38%
14
May 20
22:
Insurance—*A—*-$2.50
Continental Oil
2,700
26
45
Continental Can
500
x9%
9%
45
•
38%
2%
Dec
2% Nov
3% July 30
r
U
65% July
t
1374 Dec
Apr 14
1% Jan
3
4% May 13
5
Continental
*19%
20
47
4%
Continental Diamond Fibre
1,600
38%
177
20
Jan
117® July
Dec
'/a Dec
39% Dec
6
Oct
377® Jan
110
;
7
7
preferred—i——4,——100
2,300
l"V.*7-'V2 ■?A7%
i.'. *40%' '.'.41
.4.1%:
40%
37%
U
7%
3% Jan
% Jun
—20
37%
2%
8 %
inc_.*—:
37%
■
-
200
6,200
37
176
Container Corp of jAmeri?a_A--—.25
Continental Bak C04—-*i;,->No par
1,900
;
4%
99%
.
1043/4
Deo
Deo
18% Dec 29
Sep 11
11% Apr 25
78
Apr
9
par
Aug
Mar
19'/® Deo
'
Oct
28 y2
31
-
Dec
23% Jan
4
A 5% conv preferred—»*—_10Q
tConsumers Pow $4.50 pfd.
No par
270
■
,
267/a A 27%
••7 %
7%
26%
27 y2
9%
'*.4
.*96
•.
>27':.."
26%
4%
19%
4%
:
.
41%
277®
4'A.
.
-
'7%
4%
16 %
:■
..4%
j
7%
35%
96
100-
Apr
July
77®
•
27
41%
41%-
f
16%
>
'
.
* .i-92%
':«) 92
*95%' v09
97%
..7%
*33
34%
•92
16%
2
1% Jun
3
12% Apr 22
83
Oil- Corp_.
No par
ConsolARR of Cuba 6% >pfd„*—100
Consolidation Coal 'Co——
.—25
200
*4%; -,4%
A 7%
f
X4%
■-
■
27%
■A'i: ,4%
4%,
5
'4%
:■
96
'26%
y -7%
9%
*44
96%
92
1
W
,7%
'
19
9%
'
7%
34%
91%.
7'
*32%
91 I
47/®
•'
27%
'27%
18%
^
'
♦7'%.
34%
*V: 91%
A.;
■
36'
46%
'A
'■
'27%
V
"7%
42
\
''.
-
.
5
96%
*95% .96%
7%
7%
90
16%
4%
'
.
*33
90
"i\t
-5
/
.
36
-
89%
■
16%
*
7%.
7%
7%
■
•
29% Dec
9% Aug 15
74 y4 Aug 19
Consolidated
14,200
'
•
35
2
15
$2 .partic preferred—No par
Consol Laundries Corp—
——5
100
~"7 '/a
,
'
$5 preferred———j.„^m<.No par
Film industries*^—-—1
400
2%
*2%
7
7%
*4%
2%
*2%
2%
—..No
8
Deo
173/® Apr 29
25
Edison of N Y
'Oct 27
Jan
Consol
7%
•
.
Coppermines Corp'Vl—A—;.5
1,100
83
4% May
21% Apr
7
"
—No par
Consol
25,100
%
:
f7%„
:
7%
'•
16%
%t
*)V
A
•>
Congoleum-Nairn Inc—»„-No par
.Consol Aircraft Corp__
—«—l
Consolidated Cigar
par
1% p.referred_^^A—Ai-;—-100
6%%- prior preferred
100
Consol
7,100
92%
16
-92
'
.
%
7%
8".
2%
93
,
140
A
4%
.
;
1,000
t90
4%'.
: •
•
16
15%
92%
■
.%■
*4%
A :
•
4%
4%
4%
,
15%
-
*2%
2%
4%
92
•
92
-■
8.
*2%
'4%
•"■*4%
%
•
A:;/,
■'
15%
15%
.91%
•
;8>
•
"'
<7
•:
u' *
15%
*«V
4%
4%
91 %;
'
2%
•
■
15%
91%
■•••
%
.*7% '
'
■'
92
.
'4%"
.4%
•
7,600
:
Edison Co—
Conde Nast Pub Inc
•
2,700
,
90%-:,90%
90%
- ■
.
Commonwealth
13,300
22%
.3%
r
17%
*10V2
v
5,100
%
/-'■
•
'
-*90%
K'
is y®
92
*90
■
..
18%
16 '/a
10%
•
•
64
11% Oct 19
9iy® Apr 29
105% Nov 19
34
Dec 17
20lA Jan
2
100'A Mar 17 >•109%'Dec 11
:
.10 y4 Oct, a
7JA May 12.
il Jan
8
a8» Jun 26
21 y® July 31
44% Jan
6
100
58,100
('9%
'
&
36%
,
preferred——
conv
No par
$4.25 conv pf ser '35-x-_j-JVo par
Commercial Solvents
-No par
Commonwealth & Southern—No par
72
843A Dec 30
45% Jan
16 y® Jan
Comih'l Invest Trust—;..
100
Jan
54
2
v
Jan
Marl6
24
$2.75 conv preferred—...-No par
Credit
a
.10
10,700
:
47®
82 y®
6
5'/® Jan
Commelrcial
4»A%
30%
109
Dec
4
14
Sep
1
Jan
29
par
Co
1
6 per share
43% Dec
42 y® Nov
2% Nov 14
Sep
,51
par
200
-
9'/a:
!
Carbon
A—
—No
104%
29%
*107
109
Columbian
share
f per
S per share
share
30% Sep
100
.-~100
Columbia Pictures.—No
3,500
27%
*102
31%
*107
400
800
32
27
preferred series
5% preferred
2,600
9%
*31
•
6%
1,700
'
42
1
Columbia Gas & Elec„*^—No par
33,900
i A
■
82
>
9%
27%
104%
*102
31%
109
41%
82
41
32
104%
31
*107
2%
43%
,84%.
27%
*102
32%
107%
2%
43%
9
33
27%
31%
41%
9%
*32
107%
32%
109
2%
42 y4
2
42
37%
65
105
32
*107 '•
10S
'
2%
*41
85
37%
,
41
40%
37%
42
28%
105
*102
f 107
2%
*41
$ per
Par
Shares
I Per share
t per share
;'•'>
Deo
6% Dec
17® Jan
.
Jan
24
Deo
Oct 23
80
Deo
Nov
9
42% Feb
90
Aug
473/4 Mar
Oct 21
14% D«
20
July
D
'
*3%
*3%
3%
17%
*16
*16
*107%
127®
12%
*107% 108 y2
*107%
108%
*i07y4
108%
*107%
*107®
>10%,
10%
10%
10%
26%
27 V*
26%
29.v'A'-A;
29%
29%
ioy®
10%
io y8
27%
29%
26%
27
*28%
29%
12 y®
i2y8
12
8%
8%
9
3%
3%
3% A
% A
■
%
*fir
%
■,
17%
17%
-17%
*%
40
17%
*17%
19
*18
18%
26%
*26
26%
*26%
27
37%
*36%
37%
*37
9%
9%
9%
9%
9
,22%
22%
*21%
22
85%
*84
85%
10
*10 '
10%
26 A
AAA'
18%
26%
37
37%
26 y2
*36%-
18
37
A
26%
3%
17%
Mar 18
(The)—.
Deere St Co—
Preferred
—No
par
.-20
—
Deisei-Wemmer-Gilbert
4
4
15% Jan
1
Decca Records Inc—
.
2V® Apr
25
-
*10
Dec
110
Jan
8
2774 Dec 28
30'/® NOV
6
13'/® NOV
5
7
2
11% Oct 19
Delaware Lack & Western—, .50
27® May 21
s\t Jan 23
47b Jan 27
pfd-*. .100
Detroit Edison——a*a-—*—Aa, .-20
14% Apr
Detroit Hillsdale & S W RR Co.: .100
37
Oct 16
37
•
A
Devoe &
14
Jan
21
Jan 27
800
Diamond
100
tDenv & R O West
6%
Raynolds A——No par
Match—A-*--
No par
partic preferred——, .*23
Jan
;
;,;*84.'
■
10
21%
*38%
♦
39
39
39
25%
26
26
*84
A
♦10%
26%
*38%
..
26%
v*?'
21%
16%
167/a
16%
16%
56%
57%
56
134%
133%
134%
♦131%
134%
16%
16%
16%
*15%
16%
*16.
*4%
5%
*8%
9
♦nsy®
134%
*124%
118
32%
3%
*5
122
*8%
*115% 125
*115%
*55%
15%
58
131%
131%
131%
5%
*5
5%
9
*8%
9
22
18s/® Jan
7
2
5
18
Apr 28
33% Apr 27
27 V* Jan
6 3/4 Aug 24
9% Feb
19
39% Aug 24
*126
126%
118
118
118
118%
*117
118'A
178%
*12%
13%
30 y4
30%
10 y8
*175
36 y»
10%
36%
32%
33%
•*3%
3%
3%
!
^2
3%
148
148%
148
*175
178%
*175
135
32%
31% •32
178%
*3%
147%
*175
178%
Eaton Manufacturing Co—
30%
30%
30%
30%
10%
10%
*10%
10%
2%
2%
3,500
Elec & Mus Ind Am shares
1%
1%
8,500
Electric Power Ss Light
30%
30%
30%
30%
10%
10%
10%
•10%
10%
10%
2y8
2%
1%
*2
2%
1%
1%
1%
1%
1%
33%
33%
32%
33
*32i/4
32%
32%
33%
*30
31%
30%
31
30
30
29%
29%
29%
30
34
34
34
34%
34%
35
34%
23%
23%
23%
23%
23%
49%
23%,
49%
23%
51
33%
51
*108%
110
2%
*109'A 110
2%
57
*52
*48%
*
2%
*52
57%
*56%
58
*61%
62%
*%
%
*60
2%
2%
57%
*51
57%
62%
*&
For footnotes see page
110
%
143.
110
*49y2
110
2%
56
2%
*51
'
1%
178%
6 ft
4,200
3,200
Electric
Boat
34%
5.000
30%
31%
35
1,800
2.1 Op
*
preferred
$6 preferred—
Elec Storage Battery
—
No par
35
23%
23%
800
50
50
200
110
"109%
110
*109'A 110
40
2%
54
31/®
54
3'A
23,700
57%
3
57
300
58%
*55%
58%
*55%
58%
58%
59%
400
*60
63%
*61
63%
63
64
200
V4
%
%
y»
100
*
20% Sep
297® Jan
21
Deo
33
Deo
66
5
65
Deo
Dec
31
7
May
18% Nov
39
Dec
31
137% Oct
26
Dec 23
323/® Deo
17
May
X9% Deo
163/4 Dec 28
17% July
79
Jan
ylll% Sep
141% Jan
18
127® Deo
Oct 23
2% Deo
,
16%
7
Dec
Feb 26
July 27
102% May 20
120
Apr 24
111% Mar 14
144
Jan
20s/®
9%
A
%
2
Nov
7
118% Dec 31
127
Dec 28
34
Jan
2
Apr 24
7
4% Nov
151% Dec 19
Mar
May
Oct
Jan
Dec
Feb
Jan
28
16
180
7
2
28
16
2
15
Nov
7
36% Dec 31
Jan
21
30 3/4 Dec 21
13 3/® Jan
.5
17® Nov
1643/4,jan
Deo
118
May
34
Jan
34
May
1%
Deo
par
par
par
l%Apr 17
Apr 28
July 27
47% Apr 25
A Dec 15
5% Jan
145% Sep
182% Jan
120% May
160
Apr
27
Deo
367®
14%
Feb
177®
17% Deo
337®
Jan
177®
Jan
10
Dee
.
% Jan
27% Feb
Oct
9
3% Jan
8
30
66
73
83
Jan
Jan
8
Jan
17
3/a Oct 17
Jan
Jan
127
9
.
,
Feb
%
Dec
39% Feb
40
46
117
111% July
2
17a Nov
35% Jan 23
112
Jun
1207®
26% Deo
1
67®
10% July
1367® Deo
49% Dec 31
par
23 7®
Aug
107® Nov
34% Nov 12
26% Feb 18
-No
No
No
No
23% Jan
Dec
59%
103
11
Jan
707® Oct 21
134% Dec 31
120
Apr 17
Jan
•10% Jan
18 y® Jan
19% Apr 24
39% Apr 27
1077s Feb 16
50
100
41
67® Apr
12% May
23%
preferred———*-*
Engineers Public Service
$5 preferred
$5% preferred
$6 preferred
Equitable Office Bldg
23% Apr
12% Deo
323/4 Jan 23
Endicott Johnson Corp—*
2%
16
ft Sep
177® Apr 27
15
Apr 23
29
Jan 2
El Paso Natural Gas—
51
5%
9
July
6'^ Aug
7® Aug
16% Deo
3
34%
23%
56
14
Deo
2% Feb
No par
No par
No par
——
*49%
62%
*iV
$7
(The).
4
—*—2
5
—3
50
62%
%
preferred———100
Auto-Lite
33%
,
cum
Edison Bros Stores Inc
Electric
*55%
■
—No par
100
1%
24%
——5
Mills—*
(N J)
2,300
307/a
6
v 30
Deo
16%
2%
108
170
26
Rolling
13%
*13%
38%
Sep
y« Aug
187® Jan
Apr
6
Eastern
•13%
13%
147%
Oct
Jan
9% Deo
27
6
Eastern Airlines Inc———*—1
13%
*13%
8
1,100
2,400
13y4
28
Jan
8
3,300
4%
35%
13%
9
2 3/4 Apr
210
$4.50 preferred—**.^
Apr 14
May 21
Apr 29
13 V® Mar
112
8 ft
Du P de Nem (E I) & Co*
35%
*175
36
33%
33%
—1
No par
—
Eastman Kodak
i%
*48%
Co—*——No par
International—
preferred—*—.—100
a—20
—No par
Duquesne Light 5% lit pfd—*100
125
32
32
3%
*32%
*23%
Duplan Corp.
148%
3%
13%
1%
Dunhill
100
147
3%
149
35%
2%
Dresser Mfg
200
600
36»A
2
400
5%
3,200
35%
27®
95
134%
36%
1%
Dow Chemical Co—————No par
134
36%
*
900
125% 125%
118%' 118%
30%
2
8
125%
118
Sep
Sep
Nov
9%
16s/® Apr 23
51
135
118
87
Dome Mines Ltd———No par
9
*ii5%
22% Dec
5
Douglas Aircraft——*A—*-i-No par
*5y®
16
par
7
Jan
73/4 July 17
32% May 7
Doehler Die Casting Co—A—No par
125
*125'A
36%
*13
.
131%
Class A————A.—-No
16% Mar
70
2,200
3,800
2,500
134%
135
126%
33%
a
'>A:;
*115%
125
136%
126%
148%
178%
A;A:
Dixie-yortex Co—————No par
*8%
16
16%
*5
*8%
134
23
3%
*16,
5%
136%:
148%
40
16
56%
125%
3%
26
*25%'
16 y8
56%
9
*115 Va
39
26%
133% 134%
*16
16%
125
.
5% pref with warrants——100
16
125%
33
39
Distil Corp-Seagr's Ltd—a—No par
100
400
56%
26%
2
600
21%
16%
26%
135%
*117
39
Diamond T Motor Car Co
10%
.
10%.
10%
1,000
85
21%
*81
84%
.
57
126
36%
*i%
5%
9
,
10%
*38%
39
136%
149%. 150
*175
5%
9
16'/a
;
21%
*83
10%
9% ':;
01/®
9%
*21%
84%
26'/a
57
*132
""
21%
*38%
26%
16%
57
*9
10%
'
16
A>
84%
,
10%
39
9%
21%
] 85%
56%
.
*8%'
114
18% Feb
1 Vs Sep
'
9
11%
Oct 16
:
;;
•V®
18
10% Dec 15
4% Apr 16
18% Apr 29
25% May 12
9% Apr 25
Delaware & Hudson————. .100
13,400
26%: A
37%
102
Co.
300
A
18%
*37
Aug 12
14% Dec
6% Apr
109% July
Chemical
350
17%
37%
26 y®
•
37%
2% Deo
173/4 Oct 26
12s/® NOV 16
Davison
4,200
•
% A
18
26
26
600
7
7
8
.8
Davega Stores CorpConv 5 % preferred
2,100
3%
*33
18
*36%
400
•
9%
■
.
*% A.
37%
17%
25,300
13%
9%
17 y4
*33
37%
800
29 7/®
%
,
17%
17%
*36
18
*32
26%
29 7/®
*13
3%
3%
%
8,200
10%
ioy®
9%
9%
3%
17%
40
A
9%
;A
109
*107%
13
*%
3%
17%
1
Dayton Pow Ss Lt 41/® f* pfd—. .100
800
12%
12%
109
'-13
13
9%
37%
*32
18
27
29%
"•■A 3%
%
*33
.17%,
13
9%
3%
3%
17%
26%
*28%
A
13
9%
9%
3%
*12%
>
*16
27
29
3% A
.
10%
27
12
*16
17%'A,
12%
io y8
*28%
■
12%
12
108%
3%
•
12%
12
12
*16
177/a
4 Vb
213/4
Feb
Deo
107% Nov
2%
Deo
64% Deo
Dee
69
74 y®
Dee
A Nov
Jan
Sep
7® Aug
4 '/t
Jan
397® Nov
367®
Nov
34% Aug
33
July
47%
113
Oct
Sep
7
Jan
80 y® Apr
83% July
•9% July
% Jan
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4141
157
Volume
137
NEW YORK STOCK RECORD
HIGH SALE PRICES
Wednesday
Tuesday
A.
LOW AND
Monday
Saturday
t per
share
8%'
$ per
8%
share
l
.8%
8%
814
40%
814
4014
72
*65
*69%
,1
3%
3%
*5%
^
8%
•
34%:
34%
21%
34%
21%
21%
6%
6%
*7%
7%
7%
*85'/a
90
*20%
21%
21
21
13%
13%
14
*13 %
*3%
'75
80
*75
43
26%
86
21%
21
13%
13%
13%
42% "
28
•
3%
27%
104%
31%
15%
"
16
*98%
31%
31%
16
100%
26%
26%
'
-
15%
■"
15%
15%
100%
32%
/
*98%
*97%
100%
26%
26%
:
V-
25% ,26%
26
-
*19%'
>19%
20' '
Y
3%
3%
3%
-3%
•
*30%
32
r
*■9%
A *40%
19%
'
3%
20
10%
40%
40%
40%
40
10%
1Q%
10%
*10
10%
•1014
136
*16
17
'
*5%
•
614
6%
'"•*41
■Y 16%
16%
*16
.
*130
*16
17
6
50
*41
6%
*6
6%
*6
6%
50
*41
50
36
17
*16%
•47
17
17
*16%
17
*16% ;• 17
95
*35'/a
17-
1*91%
*94
97
*94
97
*94%
97
*95
V;
36
t
"*35%
35%
35%
35%
36
75
Feb
75
41/4 Sep
18
1%
Dec'
3%
Jan
Apr'24
714 Dec
15
4
Dec
8%
Jan
May 20
28% Oct
13
211/4
Dec
30%
Jan
1% Nov
10
A
Deo
¥«
Jan
32
Deo
16%
Jun
24% Mar
6%
Dec
13
Mar
May
100
Jan
Jan
37% Jan
18
29% Jan
29
8% Jan
5
69% Sep
19% Dec
10
t
"
A,
1%'
3
90
16
19%
Dec
26% July
30
8%
Dec
14%
Jan
2% Apr
14% Dec
4%
Jan
27%
Sep
97%
Jan
Sep
30
414 Feb
4
18% Jan
7
74% Nov 20
87
Jan
6
Jun
•
•"86"
>
Dec
8%
Dec
16
28
34%
Feb
45%
26% Dec
28
12%
Dec
18%. Jan
series A—;i—100
87 % Apr
27
9
90
Dec
par
15
Mar 27
27% Dec
2If
16%
Dec
18
Apr 21
21% Feb
5
17%
.10
—100
3
May 22
5% Jan
13
28
*
*
5%
•
1
.
'
«
'
•
——j—
preferred-———-_No par
prior preferred—J
25
Francisco Sugar Co_———No par
F'k'n Simon & Co Inc 71* pfd™100
5
Jun
J-38
Oct
?:? 27
Fruehauf
5%
Co———10
Co—
3.
24
.
*8%
•:
0%
1914
*9
*9%
9%
*19%
19%
3%
9%
914'
.
3%
*7%
1%'
8%
■;-
:'
Gair
3,900
,-A *1914
314
3%
"
'
20
20
3%
3%
*7%
8%
3%
3%
3%
*19 Va
20
19 Va
•
'
9%
—
18% Nov
v
3%
Gamewell
120
3%
Gar
5,000
(Thej_—1—INo
Co
Dec
Feb
132
Feb
9
41
10
114 Jan
8
8
97-
A
•
*9%914
*914
-
-,••
8
•'-"A/ 9%
*7%
•
•
914:" AY *9I/2
;
Wood Industries
23% July
99
A A
10
10
AA A
54
*9%
V'./"
*9'/2
.300
6%
6%
6%
*10114
'V 37(a
514
4%
*137
:
2%
*7Va'
;
"7%,
214
714
2%
*7%
Y
"A
.30%
35%
*129
130%
3014
36%
<130%
1%'
71%
73
73%
2114
21
21
132
132
*130
35%
35%
35%
35%
'112 %
118%
f%
1%
85
'128%
44%
44%
44%
44%
128'4
128%
128%
17%
17%
17%
2%
2%
2%
128%
128
17%
*17
2%
14 Va
14%
4%
*103%
:■;*."
•
12%
12%
*104%
106%
*1J
.
,
* a
9%
9%
10'4
:
-
17
*15 Va
15%
108
..
■
;■.** ••
■;■■■:
3a
10%
10%
10%
10%
10%
10%
61
60%
60%
60 :'o
61
6i
16%
161a
16%
16%
16%
15%
108
*106
15%
4%
4%
4%
4%
60%
60%
60%
*59%
5'.
•••-
55/4
g
*40%
sav 4
14%
(42
>
'■
■
'
•,
4
6i
hi 1
■1%
76
26%:
26%
*81%
83
26%
83%
26%
.,
5,400
4
1,700
k :
2,300
580
,
%
T
'; '%
■'
■
*%
42;
%
83%
*83%
25%
25%
25%
91
91,
4%
*4
80%
91.
4%
*4
80%
*78
%„
84.7 Y:
4
"
U
%
,'.*4%
4%
,8
*7%
31%
*7'A
31%
24%
*24%
8
7%,'.
*31
".
24%
24%
*2414
4%
8
7%
32
4
:,%
4%
8%
8%
*7%
*31
.
%
4%
4%
4
7%
*7%
7%
*31
32
24%
24%
'
%
*4%
41 a
■
8
8334,
83%
25 Va
6,600
7:
25%
800
6,300
91
400
4 44%
200
81
-
50
8
:" %
8
414
*30%
*24
2414
*24
'
600
7%
'71a
31%
800
8V4
8
,7%
31
24%
200
500
31
.
24%
4" 200
13%
15 V4
15%
15 Va
15 Va
15
15'4
*15 Va
15%
15%
15'4
.
•
1,400
22%
22%
22%
23%
22%
23'4
22%
22%
21%
22%
2114
22'A
11,900
23%
23%
2414
,•*2314
24%
1,900
13914
200
23%
24
23%
24 %
24 Va
24%
24%
138
138
*137
138
138
138
*138
*55
65
*55
65
*55
65
*55
*31%
32%
32%
32 %
*31%
32
32
32
14 %
14%
14%
14%
14%
14%
14%
14%
*1114
11%
■138
65
11%
10%
11
£10%
10%
2%
2'A
•
?1T
10 Va
*11,
I
.
84
84
3%
3%
25%
25%
*214
84 Va
2%
2%
*11
10%
10 %•
2%
.
2%
*84
86
139%
%*55
31%
32
,%V
14%
14%
11
11 %
10%
10%
2%
*2%
T
84
86
3%
3%
3%
26 Va
26%
26%
26%
*22%
23%
*3612
38
.f138
65
*55
10%
JT%
3%
4.
26%
:26 ;
4
85
85
t"3%
10%
139%
r
3%
27
:•
r.v
v
3%
27
31%
31%
•■■
14 ^
6%
Dec
28
90 Va Feb
4
73%
Feb
-97
25
21 Va Nov
25
16
Dec
22
Nov
27
118
Dec
130%
Apr
21% Apr 28
30% Oct
21
24%
Dec
3514
Jan
23% Apr 24
111% Apr 29
% May 13
40% Jan
5
33%
Feb
42%
116% July 24
112%
Jan
117%
Aug
14
Jan
1%
Nov
•'
par
Apr
132
29
1% Jan
Jan
87
Oct
26
131% Feb
10
4414 Dec
31
Apr 10
128
July 29
Aug 31
May 13
30
Aug
Jan
Apr
Apr
Mar
Mar
Apr
% Jan
2
14% Nov
9
5
% Oct
14%
6,300
*11
10%
*81
llVa
900.:
11%
2%
84
19 V'4 Jan
5
Feb
7
79% Jan
19
20
Jan
5
16%
Dec
10
800
80
3%
,314
26%
'
„
No par
_k*_.—-—,-100
Green Bay is West RR
100
Green (H L) Co Inc.—.—
1
Greyhound Corp (The)
No par
5% 1* conv preferred
10
Grumman Aircraft Corp_—
1
Guantanamo Sugar——a.No par
844 preferred-i
100
—
Gulf Mobile & Ohio RR——_No par
.-2,600
26%
preferred———————-20
Gr Nor Iron Ore Prop——No par
Great Northern preferred—No par
51*
1,700
100
$5
—No
preferred
par
10%
10
9%
1%
48%
2%
18
Sep
Nov
91
Sep
Jan
28%
Dec
48 Va
Jan
121%
Dec
127%
27%
Dec
3
48
Aug
Mar
4%
4%
Dec
Nov
98 >4
Jan
110'/a Nov
105% May
SB
Jan
7%
Sep
X
Jan
Dec
9
Va
16%
Jan
Jun
106%
Jan
V* Nov
% July
1614
Apr
25
Dec
14
Dec
29%
Jan
8%
Dec
11 Va
Jan
46%
Jan
80%
16
Dec
24
18
13
Dec
22
24
102
Mar
112
28
6 %
Dec
14 Va
20
2% May
4%
34% May
Nov
25
20
-65% Jan
27
16
Oct
24
44
Feb
4
54
Sep
Aug
Jun
Dec
July
Sep
Dec
Dec
9%
60
Feb
74%
11
Dec
17%Sep
35
Dec
46
4%
A
Sep
Oct
Jan
214: Jan
Dec
11 Jan
30
2% Jan
29
2
Dec
Nov 18
82
Feb
13
80
Dec
91
J^n 2
Jan- 8
Jan 2
Jan 2
Jan 20
Jan
7
27
Dec
26
11%
Apr
21%. Nov
83 % Dec
16
54
Dec
74%
Dec
26
10
Dec
2
59
Dec
1
Jun
25
Jun
68%
Dec
1 Va
Jan
July 28
27
9014 Dec
4% Nov
81% Dec
Mar
30;
14
2% "Sep
Jan
Oct
;
20%
Sep
90
.
Jan
1
3% July
Nov
1 % Nov
2
%
5 % Jan
9
3%
Dec
6%
Jan
3
6%
Dec
13%
Jan
Jan
8% Dec
3
914 Nov
6
5
Dec
12%
32
Nov
28
28
Dec
36%
25
Feb
3
23
Mar
25 Va
Jan
18% Oct
27
12%
Dec
18%
Nov
25% Feb
27
18%
Dec
28% July
28*4 Jan
27
19%
Jan
Jan
14
135
Dec
63 % Nov
7
42
Mar
33% Jan
3
29 Va May
36%
14% Dec
Apr 25
May 4
July 23
Dec
5
Jun 22
22% Apr 28
130
50
25
104
Jan
Feb
5% Jan
A Sep 2
Sep 10
22%
23
13%
19%
Oct
5% Nov
2
s ' 4
; 6
6
Sep
15% Dec
8
.
——
2,200
-
(Adolf)
Jan
132%
13
31% Nov 16
May 21
Goebel Brewing Co:
-1
: 1%
Gold & Stock Telegraph Co.——100
: 73
Goodrich Co (B F)
No par
13
5 % preferred—
———No par
•; 56
Goodyear Tire & Rubb——1._No par ;
10'A
$5 conv preferred.:
No par r 6014
Gotham Hosiery——————No par
••' 1%
Preferred
_i,
-100 : x58
Jan
Dec
3
107% Jun
1214 Sep
Mar
1514
78'4 July
31
27
37% Jan
July
Va
2
5% Jan
V 13% Mar 30
conv
38
125
6
109% May 13.
25
Corp———20
11
3
14% Nov;
55 % Jun 12
Time Instru Corp
Jan
3% Jan
3% Sep 17
1
par
-
9
102
Apr 16
Jan
2
par
par
115
15
Mar 25
Apr 29
23
26
11
28
8% May 27
.100
1
Preferred
700
2%:
2.%
84-
914 Jan
.7, 99%
A
10%
101
;' %
23
14 Va
Great Western Sugar—
65
/14%:
•
16
61
.Graham-Paige Motors—L———-1
Granby Consol M S & P
:—-5
"Grand Union w div ctfs:——No par
Granite City Steel__.——No par
Grant (W T) Co
—10
J
1518
6% Sep
64%
122
30
122
13%
1%
-
4,100
4%
*7%
7%
32
6
% Jun 15
4*4.
4%
5
Dec
—1
4 *78 /
:••*'%.
144
Dec
2
Gobel
20
:
"f
Dec
2%
10
300
76
4:/ 9144
4
81
.
Jan
18
2,700
3,
1%
44,25%: 25'%
25
25
.
4*74%
25%
*89'4
:
,
2,100
43
;
•8
■
\
;■
•'
25%
83
i:
t-
.«*1;'
76
12,300
V 200
Jan
7%
21
11a
6 4.
15%-
Sep
55
Dec
Dec
%
*42
j%r 4-
1
*74%
o
61*
$5
104
Dec
3% Oct
100
100
Jun
3%
A
4% Dec
140
61
2,700
Mar
39%
10
x40% Mar 31
4
Apr 28
50
May 4
:•?•'"•,
9,200
61
15%
.
5% Nov
preferred—„—.No par
Gimbel Brothers.————No par
$6 preferred———"
Nonpar
Glidden Co (The) — —
No par
4 Va 1* conv preferred-—
50
10
Apr
101
2
110
-
51/8
5%
.
,
No par
preferred——i'——-—100
General Tire & Rubber Co
5 •:
Gillette Safety Razor
—No par
Gen
200
/''""V
60%
*60
43.
■"
o
76
:
„
'
25%
.
4%
81%
,
2' ' •'
*42
5
*59%
15%'
Telephone
4
5
12
101% Sep 21
7% Jan 12
3
Jan
2
:•,-:
15%
'
60
Railway
General
1,100
15%
108
15%
44
6
.
15%
43
*74%
91
*4
.
,*80
82
'4
•,.
83%
*89
'
4%
*80
82
*15%
5%
x60
15%
*42
26%:
25%
.
91
4 %
4%
.
♦so.-;
25%
26%
vi
16%
*106,
.60%,
5%
•
60
15 Va
.
..
5%
*58%
1
*59%
"
■
-
76
*74%
83
.
26
6114
4,
15%
5
5
5%
5%;,x
,,/V 1%
26%
*88%
91
J
*4'
...
1%
•
10%
rv
108
15
10
o.j,
>■;. 10%
15%
*106
61%
*59Va
*4
76
26%
;
85
26
*88
*7414
;"v,. •V;:: 5
v.:;;,
41- *4
11
* 15 V'4
:
15%
15%
60% V-.
15 '4;:
,
41
V,V,
15%
108
Signal—.——No
6*4 preferred
Gen Realty & Utilities
$6 pref opt div.series—No
General Refractories—
No
General Shoe Corp
Gen Steel Cast $6 preferred—No
'
15
42
*106
wh]
-
15%
*5%
*59
14 %
*40%
v
vo
76-,"
5%
59 ;•■!■:
;
14 '3 i
J?
1
jo *.•
«
*1%
5%
4
,59
*15%
15%
15%
v
108
*58%
14%
....
16%
A' 16%
Gen
Gen
33
4 16%
16 '
..
.
..
Public Service
500
9
Sep
a:
par
10c
900
'•■;'•
13%
Jan
11
.
1
preferred——No
$6
8
12% July
5314 May
5% Oct
Dec
16
46% Feb
120
par
General Printing Ink
30
106
*31
16'4
16 Va
16 Va
2,600
,8%
A,
Jan
7% Nov
104
11
•—-V,'*/;' 10% Mar 11
Gen Precision Equip Corp
11
4.-J vir
No
—
—
Mar
30
47%
20
Dec
1614 Apr
No par
1,000
4
4%
*105 '
.'H
33
Common
800
105
ft
61
"
-
16%
■ttS
*31
33
4
*12%
V
4.
106
%
%
*31
16
.15%
4%
*56 Va.'
%
■
12%-
*105
106
*105
V
IB
4%
;
l!f
12%
'8
14 %
*103%
105
300
;
Sep
5% Mar
66 % Nov
r.No par
preferred
——100
General Motors Corp.———.10
$5 preferred———No par
Gen Outdoor Adv A—
No par
1,200
'
4
10 % Feb
53
13
Sep
Sep
A
par
5%
34,800
2%
14%
4;
*
12%
32
*2%
4%;
4%
44%
130
130
V-'V*17V'.'' 17%:
14%
*103%
3'
f (T
44 Va
129
14
4%
105
IT.
12%
33
15%
16%
15%
15%
0
:
Feb
Jun
Nov
23
"■
Apr
2
General Mills
200
2%
12
Dec
6
Apr 28
2% July 31
General Foods Corp„—No par
"
$4.50 preferred—.
No par
—
2%
13
106
preferred———A—100
7.1*
24
3% Jan
preferred———100
No par
General Electric Co..
300
'; 85%
4.30% '
*128%
10 %
15 Va:
108
*15%
,106
13
••
4%
*84%
86
61%':
;
16%
•
*106
,
%
*31
14%
*103%
13%
16%
VC'V 60Va
*16Vi
A
106
32%
16
60
60
4%
*12%
>
14
1414
.
104%
*
.••;:%
16%
16%
2%
4%
%
*30%
*17 Va
2%
103%
12%
12%
*105
106%
32
17%
*14
104%
%
,
*30%
vv':
128
2%
::.:vVV43VV 4%
104%
>
44%
44%
2%
4'.'2
,
130%
44%
'
3% Oct
3% Apr 25
73,700
Gen Gas & Electric A——No par
240*"**" $6 conv preferred series A_No par
2% 4
106 44". '
105
130%
*84%
86
".-'4
2
105 %
*128%
*16%
*103%
4
101
'
130%
14%
..
101
*85%
2%
2%
100
'128%
'
.
3,700
2 '■ '•.
1%
60
cum
Dec
9% Nov
35
v
General Cigar Inc.—
29,000
35%
*112%'" 115
114
114
1%
'AAA
31%
——^.No
Class A
t7%
390
1,100
34%
85%
17%
128
*16'%'
31%
36%
98V2
130%
44%
35
A
85'4
'128%
44
130%
44%
*127%
Va
36%
114
*'■■■
2,500
133%
*130
98%"
85
128
*128%
•14
98%
*93
133
3114
1%
2,700
22
31%'
1%
1 Va
A'
8%
g
76%
3114
'113
114 V8
'113
20
1,100
214 / ' 2%
■•
21%
31%
,
YA
•
4%,
74%
36%
3114
98
'•
132
31%
85
*93
*129
138
21%
*21
132
Y
31
1%
*82
.
31%
AY
.114
114
21%
*21
A'- 21
21
:;;•
1,700
'
15
Aug,
2 %
Apr
3
98
preferred
-No par
Gen Amer Transportation—^15
General Baking—
—.—5
$8 preferred
—No par
General Bronze Corp
——5
General Cable Corp————No par
$6
•
2,200
75
73%
71%
'
A.-A
3
'
6Va
A-
—'
'.
37%
4%
8%
7%
1,500
conv
;■>'
Apr
8
51
preferred
—.50
Gen Amer Investors——No par
5Va 1*
/
.
6%
:- v *135
•
4%
:
•v
'
104
;
A
37%
A;'A A,:' A 6 •'=
6
138
,
214
•
VA 20%
73%
73'A
2%
7%
••■A
*102
<
3714
4%
4%
54
6%
104
*135
137
'
714 Y' 714
72
"
4%
*51
6%
614
*102
37% A V", • 37
A A 514*
6
514
137
;
'A,,;.;
4%
A *2%
2%
1
138
*4%
*51
6%
'
A fA
5%
138
4%.
214
7%
72'
37%
37
5%
142
*414
4%
AA 2%
104
*6Va
:
'
5%
5%
i
/.
142
*137
*102 ■;
VA 37%
"
104
*102
A'-A
54
*51
6%
*6%
.
37%
:
37
37%
*5%
'
6%
*10114: 104
104
:•
54
*51
54
'
22
8% Apr 17
'
■
*51
*■' 54
*51
•
20
A
May
6% Apr
51*
8 %:
*10
Jan
Deo
1%
3
7%
1
2'/a July
——1
Inc
preferred—10
AGaylord Container Corp____—
5
*7%- A
Sep 28
16
par
Jan
July
Deo
3
Jan
21 *
23
Deo
46.
Deo
1%
2% Sep
214 Jan
11
6
1% Jun
,Jan
93%
3
Nov
8
Sep
20% Jan
Dec
18
Jan
At
32%
36
May 27
38% Jan
3
10
Jan
13%, Jan
May
~2%
45
8 i
7
35
May
32% May
7
19
•
*714K
Jan
Apr
17
10% Feb
13
97
,_A——A---20
preferred
'6%
600
:
•
•'.'•
20 •
20
No par
*
1
(The) cl A
(Robert)
Inc
Co
'
"
20
314
9% A 9 %
9% \
2 Ve
1%
*914' A
33%
25 %
,
Dec
9%
21
15% Apr 24
100
Oabrlel Co
*114
AAA
Nov
Dec
,
105
Nov
136
85% Apr
_1
preferred_i._
Trailer
conv
9,
12% Jan 26
Apr 29
May 28
14% Sep 26
Dec
42
9% Apr 28
:•
—-—
6%
Freeport Sulphur
Jan
16% July
103
Jun
3%
11% Jan 30
.27% Mar 14
114
Y
42%
:
Dec
21
36% Mar 19
Aug 28
8% Sep 30
Inc^———_——_1
Corp_———10
10
Machinery
Jan
%
Corp—i
preferred
400
;
'
Steel
conv
400
>
9% Jan
—No par
Co.
I
Food Fair Stores
700
17
97
29% Apr 30
No par
j—No par
Sep
105
Dee
\
Food
.
Nov
'
Foster-Wheeler
• ;■
YY
105
98
$7 conv
35%
•
12
43 % Dec
3
31% May
8% Dec
•
16%
14 % Dec
29
3
320
50
21
15
1,200 1
AA
'
18
1,100
5%
:■•«■•% 41%'
35%
1%'
••
'
Jan
31
Jan
16% Dec
•';
900"
17
2 Ve
1%
114
1%
•
1
45%
24% Jan
39% Feb
Follansbee
1,300
-
,
40%
95
*114
214
1%
214
:1%
:
1%
114
*114
*1%
2'/s
*i74
,
Feb
13 % Dec
93
"
214
1%A
Nov
16
11% Apr 28
'
*114
'
'
Aug
Apr 15
96% Jan
136
'r
10
Florshelm Shoe class A_^__—No par
20
:
10..
17
97
Dec
7% Apr
(The)
Florence Stove
100
32
«i30
•35%
70
2
800
4 v' '■ >
.
AiYA 5%
-50 Y • W
*41
A
AA :* 41
'*35%
50
42%
29% Apr
13% Jan
preferred—,
$4.50
11% :
:••'•'
Dec
May 14
Flintkote Co
19%
aay '40%.
•:••■
6
*16%
17
Dec
30'/a
86
First
'
•
2%
27
22
:1
National Stores—
1,100
>,
*9%
V
Aug
Oct 23
Jan
;
10
Corp—
preferred
d%
6,700
r
,
26%
Wv
«:
136
17
*130
136
*126
136
-•
t
•40
40
10%
136
31%
*30%.
Y
10
10
40%
*10%
>
•' *126
100
*15%
./:,/, 4 *3%*
32
*30%
32
*
4.,
4
3%
3%
*30%
*10
30%
10'
share
10
10
Jun
Dec
30
Fidel Phen Fire Ins N Y——_$2.50
100%
T" 'YY 19%';.
20
*19%
'
-10%
30%
%
9%
:
A:A 40%
•
11
*125 "
9%
V.'V
•41
*10
'
20
3%
•
31%
,*30%
-
9%
■A* 19%
20
Highest
$ per
44
Jan
Jun
No par
Firestone Tire & Rubber.
* 4*'
j
Enamel
Ferro
600
"
1
1041
414 Dec
23
Jun
Stores—
5,000
,
107.
26 %
r
it,'*
*
conv
10Va Oct
4
2
2
10
2
per share
7%
v8
1,900
26%
*105
'4% %
100
Y;Y
"42%
.
25%
32
AA
' 31%
15%
15% :!V"TV 15%
*97%' 100%
*97%
•
100%
*25%
26
26
•
*
share
:,«■ {
*13% A 14
i 42
-
"
78%
■,
I per
6
No par
preferred—i—_—100
Federated Dept
Year
Lowest
19
Corp—x—1_—
Federal Motor Truck——
500
1,600
Range for Previous
Lots
Highest
27% Apr 28
pat*
Federal Min & Smelt Co———_2
Federal-Mogul
•
1943
IGO-Share
JJ Jan 23
$2.50
& Co.__j.__No
800
•
A
..
,
-
"
20
3
——■
Jun
Light & Traction——15
$6 preferred—:
1
No par
■'
1,700
:
15%
% 32
15%
15%
*97
14
'
'
.
Va
106%'':
*105
21%
/'78%
13%'
26
100
*90
•'.3%
;
43
104%
31%
;
,
82
x26
'
*30%
4%
3%
32%
70
1%
" 414
Federal
3,800
*3%
13%
27.
'
for
$ per share
Fajardo Sug Co of Pr Rico———20
6,800
■; i5%
,
42%
13%
42%
104%
*30%
*78
82
;
7%
20%
15%
104 Va
'
104%
7 •'
; 13%
3%
:
21%
*86%
•
15%
31%
27
*104'%
'
3%
26%
'
Corp
Fairbanks Morse
400
34%
of
Lowest
Exchange Buffet Corp..
"
13%
15%
42%-
13%
42'A
27
Ex-Cell-0
ja
•
10
•
21%
3%
13%
14
V
15%
'
*77
43
26%
*104% '104%
87
90
•
42%
Y
43%
500
-
2f%
•'
7%
7%
7%
13%
82
*77
80
1,000
-
•
*34
1,200
2414
.
■'
,
21%'
*87
/
..•
1514
•
34%"'
21%
7%
3%-"
•3%
15%
34
21%
*21%
14
24%
-
.-•••.
—;
6(4
'
■■»
13 ":
'
34%
21%
21%
*13%
14
;*13
3%
15%
'
15
25
v
*A
;■
3%
6Vs
;
.6%.
*2414
•
3%
A
On Basis
JErie RR common—
No par
:
Ctfs of benef int
No par
5% pref series A
.100
Erie & Pitts RR Co—
.50
Eureka Vacuum Cleaner
5
Evans Products Co—.A—i
5
1,400
Range
'
'
Par
7,800
71
;
'
EXCHANGE
"
1
V
'
90
*86%,
90 1
3%
3%
19 Va
15
.
*86%
*6
n \ ".
*34
t"
7%,
•
21%
*13%
,
,3%
*314
%
:
*69%
•
'
Y'5'
;
8%
'
24%
'
*34 V
21%
71
'
6
24%
25%
*6914
,
I
„
NEW YORK STOCK
3,100
40
40
STOCKS
i
•
for
Shares >,
81 a
8%
40
314
,.
*6
1 a
22%
*21%
314
'
b
•
'34%
*34
:
;;
8%
1
/
.
the Week
$ per share
8 %
39%
71
*6.9(4
,
6
5%
'•
-■
] ^
8 1'H
81'«
8%
40
40
■
8 V2
..
Sales
Jan. 8
t per .share
814
8%
'
:
Friday
Jan. 7
share
per
*8%
■
314
*24%
•1
12
'
,,
72
:
314
;...
25
lu
*
■
*69 14
6
,
A. 25
;
itf
10
'
40*%
314
5%
514
25'4
25%
:
72
.3%
8%
40%
8%
39%
S
share
per
8%
814
8%
3914
:
',
6
.
Thursday
Jan. 6
Jan. 5
Jan. 1
Jan.
4
9% May
143
Apr 21
July 16
Apr 24
Apr 25
Mar 31
May 20
May 22
Jan
2
Jun
3
Jun
2
28
Jan
July
144% Aug
54
Dec
Sep
14%
Sep
11% Aug 31
10%
Jun
11%
Apr
14% Jan
6
10 %
Dec
18%
3% Jan
29
1%
Feb
Sep
28
86
13
4% Oct
24
1%
23
9
Feb
25
Feb
35
Dec
13
Aug
11% Nov
11
14
22
106% Feb
1
Dec
414 Aug
Feb
33% Oct
Sep
3 Ve July
55
Jan
23%
Dec
33
Jan
H
*22%
23%
*35
38
*11 %
12
9%
*8%
*100%
105
For
23%
*22%
23 Va
*35
38
12%'
*12
*9.14
*10014
footnotes see
23%
38
*35
1214
,'*11%
143.
*9%
10
9%
*100 Va
9%
105
page
12%
.
105
*100%
12%
9%
105
*22%
23%
*22%
23'%
36%
37%
*36
37
*12
*9%*10014
12%
9%
105
12%
9%
*10014
80
1214
■'
:
6*
25
Water
preferred
25
10
class A
Printing Co
Hamilton Watch Co.^
300
105 :
7%
Hall
200
9%
Hackensack
preferred—•_
-
No par
7
100-
19% May 21
29
Apr 11
8% Mar 16
8
95
25
Mar 11
Jun
•
12
23% Dec
38
Mar
16% Jan
"33
Feb
8% Dec
15
8% Dec
102
Dec
;
Jan
108
July
THE COMMERCIAL & FINANCIAL CHRONICLE
138
LOW AND
Jan. 4
Jan. 2
*100
101
*100
13%
*4Va
86
86
*7
14
4%
86
*7
8
14
4'A
*85
8Va
99%
135
4%,
*84
4%
J per
4V4
81/4
99%
4%
135
*4
4%
89
*6%
Va
On
•
(M A)
40
■
6%#>:
v
V4
of
1912
Co. $5 pfd
No par
Refrac.——No par
preferred
——'
—;
126
146
Apr 20
12% Apr 29
Apr
2
3% Mar
•
100
.—I
Hayes Industries JncL.
' Jan
80
5% May
*',
•
88
;
21
106% Jan
Deo
25%
,
Jan
Jan
149%
Feb
3% Deo
■
6%
Jan
92
May 12
8% Nov
Highest
I per share
12% Deo
140
10
4% Dec 22
29
100
19
Jan
J 941
I per share
v
17:
Jan
16% Jan
7
Year
Lowest
•
J per share
;
104
•
Lots
Highest
98
X
Range for Previous
100-Sharc
I per share
Par
»'
•
preferred—-—I——i— .100
'Hat Corp of AmeT class- A——
100
Basis
Lowest
6 %
•:
8
'.
•
,<
Harbison-Walk
1,500
89
*6Ve
.
4
Hanna
80
<
4%
*89
8%
-1
STOCK
YORK
EXCHANGE
>
'
*86
8%
,
V
13%
*130
NEW
■.Shares
»
99%
13 Va
135
*4%
86
*7
13%
>130
-
99%
for
the Week
I per share
99%
13%
14
135
86
Jan. 8
I per share
99%
Sales
Friday
-
Jan. 7
share
*4%
86
.*.
*7
.
13%
*130
Range for
STOCKS
Thursday
Jan. 6
100
*130
14%
137
*131%
*
100
PRICES
Wednesday
I per share
101
13%
13%
137
*131%
SALE
Jan. 5
t per share
1 per share
HIGH
Tuesday
Monday
Saturday
Monday, January 11, 1943
101
Dee
Feb
6
1
'
1%
1V4
1%
1%
1%
1%
1%
1%
1%
*94 %
95%
*94%
95 %
94V2
94%
*94%
95%
94%
94%
*56 %
57%
57%
57%
*56%
571/a
56%
57%
57
57
1%
,
*150
157
*151
*12
13
n2
74%
*73%
152
'■*12
13
74%
73
*132l/2' 134
*
55
*49
49 'a
55
*12
74
*13%
14%
*13%
*15%
16%
*16
29%
29%
29
*49%
*99%
I4V2
*49%
51%
105
12%
12%
*49' Va-
51%
*99%
14%
*14%
16
29
29
*6%
7%
.
*6%
■'
*13%
*
'
•
-u
31%
*32%
37%
7%
131/4
13 %
16%
16
.•
*16
•'
7
-
...
*7
7
7%
^
V
$4
100-
•Hlnde <fe Dauch Paper Co——10
13%
S/rj
conv
100
Hollander & Sons
96
Dec
96
Jan
Feb
28
168
July
14% Nov
19
134
9
102% Jan
6
Jan
12
•
% Dec
•
.
Nov
99%
12%
Dec. 19
17
2
Dec
10% Apr
V* Dec
8
12 Va
CO 0 -xa
30%
*
31%
31%
31%
*36%
38%
*36%
38%
37
37
*9%
45
45
108
*106
4
30%
32
.
.
*9%
10
4
10
"
■
45
*43%
*108%
4%
32%
*31%
32%
27
78
%
13
Class B__—
<■
600
7% Dec
18
30
5 To
'~No
5%
Sep
18%
Aug
30%
Jan4
Feb
107 Mi
13
38% Feb
Apr
5
2
39% Oct
30
8% Jan
2
30% Apr
29
96
100'
Houston Oil of Texas'
1,300
Howe Sound
t
v
May
2% Apr
__25
29% May
Co———T_—5:;
x
9% July
1
2
52%
Jan
24
Dec
39
Jan
7%
9
Dec
23
36
Sep 18
i'
100
Dec
13% Jan
Dec
64
111
Jan
5
July
37%
Jan
24
Aug
2% Dec
34% Feb
.,
Oct
Dec
4% Oct
24
Aug'
16%
115'
30'/a
11% Nov
44 Va
106
Jan
Jan
16%
/
Dec
9
20
par
preferred—
9,200
:
Jan
115
Oct
56%
■115
Dec
Feb
„No par
Household Finance
'«*
32
32
•
Houdaille-Hershey chA—L—No par
500
4%
4%
110
100
—
100
108 Va
4 Va--
preferred-
21% Oct
V
44%
108
1%
Homestake Mining—12.50
9%
9%
45
4%
*31%
Holly Sugar Corp—par
6,600
„
*106
45".
108 %
700
v
31%
3%
30%
;
*113
31%
10%
45
3%
13%
31%
*105%
3Va
13%
•
*113
•38 %
9%
44
108
13%
32%
*36%
10 Va
44
*105%
3%
13%
Jan
80% July
Dec
13%
18% Jan
6
16%
Dec
7
Sep
132%
•
Jun
29% Nov 10
-
"
65
12
15
:
2
Deo
123% May
33% Dec
x
48% Dec 30
5
3% Jan
Deo
150
28
Oct
1%
13
•75% Dec
14% Jan
——5
158
9
" Mar 21
11-
10
(A)
Jun
50 Va
12% Mar IF
.^1
^
76
19
Mar 131
79
par
'
(C E) The
Furnace. (Del)
Holland
1,400
VA
-No
8
31
58% Oct
28
Feb
30% Mar
No par
preferred
1% Jan
94% Dec
4
Apr 27
51
125
cunv
•Hires Co
2.9%
29
<
par
100
preferred—
Hershey Chocolate!
16%
V*
13 V4
29
29
29
*113
31
38%
10%
:
44
*30 V4
*6%
CD"
32%
*36%
108
3Va
29
*113
32
10l/4
*9%
44
CO
113i
32 Va
*105%'
7 Ms
*16
No
..No par
6%
4'
24
'
13
13
*113
16%
29 'A
•
Motors./.—
May
141% Apr
10% Apr
f—•,-lOft-:
V
30
100
:
*14%'
*16
50%
105
45
100
,
'
*15%
Hercules
79% Apr
25
—
Hercules Powder.:—
1,500
*
•
Va Jun
251
W-)
Preferred
100
75
134
16%
14%
20
157
(G
//i''
—2
tHazel-Atlas Glass Co—
Helme
*132
105
*99%
Hayes Mf? Corp.——
200
500
." 75
75
132 %
3,000
95 V4
57%
*151 Va
' 12%
'■
132
1%
1%
95%
*57
157
75
134
50
14%
*12
13
73%
100
■
*151%
157
132%
*
134
50
100
16%
*13%
*151%
74%
*132%
105
*100
105
*99 V*
152
13
,
74%
132
132
157
v
:
3
,,26% Apr
Jan
■
*%
%
4%
23
23
'*
4%
*4
*%'
%
.
*4
23 VB
23
H.
4%
4%
22%
4%
4%
8%
18%
18%
18%
19
*18%
37%
37%
37%
*37
37%
*37/a
11%
A
19
Hudson- &
200
5%
Manhattan—.
% Jan
109
preferred
2
2
par
16% Apr
17
23Va Dec
3'/aJan
2
5V4Nov
•fHupp Motor Car CorpJ——il
Jan
3
1% Apr
13
8%
,",•8%
5,600
Illinois Central
18%
18%
19 :■'! >
19
37%
37
'
-
37
V"..
1,300
6 To
110
100"
Min & Sm* Ltd——No
RE
100
Co_.
preferred series A—
Leased
lines
i%_L1-
5% Jan
13
100
2% Jan
4%
*4
4%
100
11%
12%
12%
12%
: 13
13 V4
8,500
11%
11%
11%
11%
11%
11%
1,200
Indianapolis P & L Co—No par 7/
Refining
10
10 V4
12%
Indian
35%
34%
4%
11 Va
34
35 '/a
33%
34%
34
34
337%
34
33%
34%
:
2,600
Industrial-. Rayon..—No
par'/
21
:
>
Ingersoll-Rand————-No
par
^
83'
89
*161
165
62%
62%
62%
62
62
10 Va
lO'A
10V4
10%
10%
7%
*6 Va
7%
6%
6%
*85
168
*61
10 V8
Va
6
90
*87
89
*161
^
i6i
*22
23
107
*107
7
7
,
168
*22
107
;
*22
23
89
165
10
10%
10
22%
107
107%
22 Va
22%
*107
64
10
-
*6%
7%
■
7%
7%
7%
*6%
*6%
7%
Y
,
22%
*7
7%
series
A
——-1000
preferred—
74
6 Va
6
59%
*45
^
10 Va
163%
%
%
10%
10%
12 %
11%
3%
6%
*150
6%
6%
153
58%
A
58 Va
163!% 163%
3%
10%
Insuranshares Ctfs
100
'»
7%
10
10%
12 %
11%
12
55%
56
3%
3%
29%
3%
:7;
29%
3%
6V4
6%
58%
•
29%
8%
8%
45%
45%
*3%
3%
;■"
29%
*130
140
8%
8%
47%
46%
3%
8%
3%
:
47
29%
*134% 140
140
8%
8%
10 %■
11%
220
12
12
46%
31/2.
*3%
55%
551/4
3%
10
10 V8
3%
3%
29 Va
28%
135
8%
28%
38%
38%
40%
38 V*
*39 Ma
28 VA
28
37
*99%
110
6%
7
6VS
6%
•
par
par
40
-.—*.—100
147
Int
Mercantile
*9
9%
V4
*92 V»
*99%,
29
*36
110
:
11
*26%
*93
3%
A
'2,300
28%
12,500
*134%
137
9
8%
8%
47%
48 Va
48%
*3%
3%
3%
3%
l *9%'
10%
:
71%
*126
71%
19%
71%
>126
19%
19%
19%
.**93
>
10%
27%'
*27
135%
*135
'
10
27
99%
*96
,
*37
38
40
*40
40%
120
?
105
28%
28%
*28%
29
36
*36
37
105 V,
*99%
.
200
'
: 36
7
,
'
'/■'
65%
*63%
8%
8%.
5%
3V<
5 V»
*19%
20%
:*7V2'
11%
11V4
*103'%
15
*7%
12
*11%
103 %
107
*103%
15 Vi
87/a
105
*103
20%
*83%
15%
8%
*8%
85
5%
11%
*
107
14%
20% :
7%
VA
*83%
13
*120
5%
20%
8V4
83
83
13%
123
8%
*103
105
15%
9
9%
9%
*9%
9%
800
95
*10%
11 V
700
27%
200
27%
*27
27%
;;■
,
10
I
9%
*103
99%
v
27%
:
10
26%
26%
72%.
72
72 V4
128%
>126
:
99%
r
55
55
64%
64%
200
I'.: loo
8%
8%
,
v
13%
123
•
13
*120%
5%
5%
21
20%
8%
7%
85
83%
11%
107
9%
105
*11-
*103%
15%
-
■>*
15%
8%
*103%
13
*12%
123
123
5%
5%
7%,
X7%
*83
11%
*11
*103
15%
15%
9%
105-
9%
*103%
12%
*123
12%
*5%
*19%
20%
40
7%
85
*7%,
*83
11%
107
*11
*103
15%
15%
.3,300
V
8%
800
6oo
85
'.
11%
.1,000
70
107
15%
!-
9%
105
9
105
9%
105
Joy
29 %
28%
29 Va
15%
15 V4
15%
:
*24%
*15 %
900
26%
26%
*25
25
25
*25%
26%
I
100
18%
f
18%
19 %
2
*34%
35%
*1%
*35
25%
2
26%
27
19%
2%
*2%
2%
*2%
2%
*2%
2Vk
23%
23%,
23%
23%
23%
23%
23%
2.7 Va
23%
27
27
26%
27
26%
26 Va
26%
27
20
35
35
35
35
17%
17%
17%
17%
17%
*11
12%
*11V4
12 %
*11%
11%
*11%
11%
*27%
28%
28%
28 'A
28 %
28 %
28 %
28 %
9%
20
9%
20
108%
20
*106
2%
1 j
11%
25
3
15
9%
20%
108 %
2%
9%
*9%
*35
19%
10
9%
36
17%
*35
•
17%
20
10
36
20
*10
37%;
17%
*17%
11%
11%
*11%
28
28
27%
2%
%
*
800
.1,500
140
>
18
20%
20%
*20 %
20 Va
20%
20%
*106 %
108 %
*106%
108 Va
*106%
3%
100
11,200
108 %
3%
40
1,100
11%
28
3%
1
1
3
3
3
1
1
12
1V4
12
11%
12
12
12%
25
25
.3,500
10%
37%
20%
12%
12
20
108%
>106
J
is
1 6
25
35%
19%
17%
1
*34%
19%
*27
25
25%
25
25%
24 %
24%
24%
•
1 Va
12 34
3 Va
1%
13
24%
•
900
■,''-■«•■
','■>•
■
Kennecatt.
20
*
Dec
1 Va
Apr
Feb
5
'39% Oct
16
104 % Oct
15/
32
.
Jan
Sep
•
73V,
Jun
23/a
Sep
"
48%
Oct,
;
Oct
31%
Jan
49
Oct
>49
:
26
May
■.,.
25%. Feb
.
05
1104-
Jan
Oct
.
,
'
t%.Jan
2
2
'
7% Nov
1 %f
21
Dec
1%
28
7 Va Nov
.
10% Nov
7%. Apr
95
i
29
11
Deo
3%
Sep
12
Jan
.
•
87
•"■
Dec-15'
29
138
2
•
7*
14
Feb
Sep
'
Sep
98
Sep,
9% Aug
Feb
26V* Dec
,32% Jan / 6
18
3%
5% Feb +
9"
Apr
33%
5%
Aug/
% Dec
18
*49%, Dec
129
Nov
4
24% Jan
9
3
17% May 20
122
;
15
64
Jan
6
V
79
Va Jan
3
-64%
7 Mi Aug 13
II
Jan
20
8V4
Deo
13% Dec
29
:
Dec
>59
67
■-,'- -.'f
5"
11-7
1
Feb
•
10
2% Jan
16
4% Deo
■124 ir Oct
16;
26'
/
2
.May 26
12%
XI16V* Jun
7% Oct
Mar 17-
2'
-
.13% Dec
29% Nov
9'
/•'. 9% Dec
11% Feb
5
109
Mar
.100% Jan 13
•";■ 6 Vi Dec
/ 11% Sep 24.
7
/ Jan
7
.
.
103% Dec
"10% Apr
4% Jan
100 ;•
May
24
V,14% Dec
31
Dec
17
105% Jan
20
6
2
11% Apr
9
24% Jun
25
-M%, Jan
:
9
9
26% Jun
5
■;
37 Va Jan..
15 Va Dec
3
; Jan
2%- Feb <* Si
4
Mar 31
22 Va Jan
27
Jan
9
Dec
4 Vt
18
Feb
106
1
2;
Dec
2% Feb
x22% Mar
Mar
39% July
14% July
'38
Jan
3% July
,
22% Feb- ;
21
Jan
8V* Jan,
Dec
5
Aug
121%. Apr,
25.
Dec
■•',l'%''';'Dec"
;
23
15'
104V4 Jan
9%; Dec
30% pec
11 Vi Dec
9
3% Jan
2% Jun
■
98%
•;
3
29
„
'■'■/
31
40Va Feb
30% Sep
17
05
„
Aug
.14% Aug
,
30
93%. July 23
6
22%' Aug
.,
17
29
Jan''
.121% Mar
Deo
'
6
Apr
81% Dec
40% July
;
26 Va
;
5%
Sep
Sep
28% Aug
41% Sep 30
17%
Jan
45% July
18
15
10'/a
Dec
14%
Jan
13
;———No par
Bryant
Tire—•-——5
Lehigh Portland Cement—25
4% conv preferred—
100
6%
50
No par
50
Valley RR
Valley Coal
preferred..
conv
Lehman
Corp
(The):
14%
14%
14 Va
14%
Lehn & Fink Prod Corp
24%
14%,
500
24%
*24%
26
24%
24 Va
23%
24
800
Lerner
32%
33 %
32%
33
32
32%
31%
32%
5 %
5%
5%
5%
5%
15%
5%
Stores
Corp.
z
Libbey Owens Ford G1
McNeill
&
Libby.—:
1
—5
No par
-No par
7
.
13
7Ms Apr 29
•
29% Jan
2
83/a,Mar 17
15 V2 Apr 15
•
18% May 29
>
May
Dec
16
Dec
31
■
Feb
29V,
Jan
5% Feb
8
11 % Dec
28
24
5
17%
Sep,
7
14%
Dec
Sep
Aug
27% July
9
19%
Apr
26%
Aug 4
2% Jun 2
1 if Dec 17
8V2 Jan
7
113
Jan
16
107%
Dec
116%
Jan
4
Jan
26
1% Jan
5%
Aug
1% Jan
20
%
Feb
15% Aug 18
2Va
Feb
17% Apr 17
25
104
11% Apr 24
18
Apr 29
5
4
Mar 12
20% Jan
23 Va Jan
Dec
31
xl9
Dec
v
Aug
86% July >
14
Sep.
4
/
Sep.
Feb
27 Va July
/
Oct
May 20
53% Dec
61
Jan /
71%
,128
Nov
16% Dec
Jan
111% Dec
11% Jan
1 Lehigh
14,200
73
*
14
44
*
'
21 Ms Apr 24
•Lee' Rubber &
Libbv
8'% Deo
31% Dec
107% Dec
s-No par
>13%
5%
5
5
10% Nov
Aug
Louis—100
—100
14%
5%
33 '/aJan
134%
(The)
Lehigh
5,000
9
Mar
preferred..
Laclede Gas Lt Co St
Lambert Co
25%
14%
124
19% May
7
22 Va- Apr 29
& Co..i
Kroger Grocery St Bak
Lane
Jan
5
Nov
—No par
—No par
(8 H)
Kress
4,700
2,400
/,':
Kimberly-Clark'
i——_No par
i Kinney • (-G.-R). 'Cd/.-ii/ii—-/-i-l
$5 prior, prefen-ed———,No par
;
Kresge (S S) Co———
10
Kresge Dept Stores
:
-1
4,000
3,600
122
No par
:.
107% Jan
,
May 4
50% May 15
>
33 %
14
Jan
5% Jan
pt pfd Ai ./—No par
Copperi_.i—'i-.-No par..
32%
51V*
May 6
May 20
May 7
85
Kendall-Co $6
*14
143.
5'
3% Nov 23
18% May 13
:
•Keystone Steel,& W Co/—No par,
X2578
page
60% Jan
Sep'
131
:
,10% Feb i
5
July
31%
38%, Feb
127
Kelsey; Hayes Wh'l cony cl A—1
Class; B——i—
——-1
14 %
see
•
4
Dec"
125' /May
26
;32% May
24% Apr
■
32 V4
footnotes
,•
Jan
13% Nov
1% Dec
23
9
Dec
15% Jan
,
21'
30Va Oct
136
13
•
L pf. ser B_ii -No par
'Kansas City, Southetrn.i—Ncf par,
V
preferred-ui-*—i-^.—100'
Kaufmann Dept Stores:.
-1 ;
5% conv preferred..——.—100 /*
Kayser (J) & Co.—
;
.5
-Keith^Alb'ee-Orpheum prefeTred.100
25%
For
6 V#! Apr
30
2
par
Mfg CO————I-.•
32 Vi
5
9
48 V* Feb
•
--i-——-i.100'
25 %
5
Jan
,2V«
19
Dec
46% Jan
■'*"
T———1001
*13%
5
July
170,
Jun
23
94
,
■
Kan City P &
15,200
2'
*2%
10
11%
35V4
*1%
2%
35
2%
'
19%
10
*19%
2
23%
*34
*106
*34%
*2%
23%
17%
*1 Va
35%
23'/a
3
2 Va
Jan
57
Vi Dec
Mar'14
26
-
Kalamazoo Stove & Furn___10>"
20
■
28%
15%
23%
!
5% ,-pref serie's-.A——-.lOO"
5% 'pref series B/conv-.i-—lIOO"
1
4,200
28%
preferred—
Preferred
■\<*
23,900
28%
*1%
150
9*
26
preferred-i-i—i————*1
'Jones & Layghlhv Steel.l
'
*15%
*25
11%
167 V* Jan
"
yohns Manville-.-—No par
400
V
5%
20%
/
V
124%
5%
*19
20%
83%
107
13
123
15%
2
Dec
Dec
39
/Island Creek Coal—.
•'■/•r (6
V 800
8%
v
29%
26 Va
8
;•■
May
19
4%. Nov
-'
9
30% Oct
.::■
}preferred/— - —i--100'
Intertype Corpii—-itJii—i'-No
;
4,800
54%
8%
19%
15%
35%
Jan
12% Dec 21
57
Dept Stores—No par ' •'/ 6% Jun 29'
'■'//' Preferred:„i-'-i—100' '-■ ■V 88% Apr 17
40
19%
65
54%
*63%
128%
19%
28%
*1%
July
12 Ms Jan
,
Interstate
-3,500
15 y4
*34%
6
Sep
113%
"42% Dec
28
Sep
•27
July
149
5.
Dec
Dec
'
3'/# Feb
14
Jan
% Jan
10
1 Va Oct
./International Silver.—1—: 1——_50;
4\'a %
29 V8
*25
8
43% Mar 30
■
Intel-national Shoe1——— ..—-No, par
,
15%
'
151'% Jan
2
Jarvls- (W B) 'Co——————I
28%
2
Apr
7% Dec
•Jewel/Tea Co IncV-./ii—i-No, par
15 Va
35%
9
166
Co..-ui-L-VlS
5% con v ,preferred.il-100
Inter Rys of Cent Am—l_—No par
hVc preferred—ii-—100
.International Salt—'—No par
Paper
1,500
29
*1%
-■10% Jan
3
100
*96
19 %
8%
30
99Va
.
%:.72\
*126
138
*9%
10
27 Va
*96
*135
15 Va
*34%
19
107!
3*
6
1.1——100
—'
"
*9%
27%
72
138
28 %
•
Jan
7%
v
23% Jan. 27
29
V
*13%
13%
25
Foreign, share Ctfs.il——-No par
*90%
65
55
*64
*120
38
•Thteriit'L Telep & -Teleg——iNo par-
'
11
54%
*541/8
66
13 V4
Dec
Feb
111% Feb
8% May 25
3V2 May 29
,
_5
8,600
•>
95
19%
55
123
par
79,800
7Va
l'
"*10%
126%
*64
*13
May
I% Apr
.7 %
7%
.
7%
6%
6%
*135
126%
*54
*120
8'/a
6
5"
'
1,000
: :-3oo
*90 V2
10%
19%
*.
'
'
95
128 %
55
8%
7%.
9 %'
71%
65
8%
Jan
14
61
24% Apr
105%
*99%
6%. :■ 67/a
6%
72 %-
*63 %
8%
Jan
9G%
4
*54
8%
Jan
161
24
126% Jan
•International
,700
38
27%
19%
*54%'
*8%
No
Mining Corp————1
Preferred
6,500
'/a
3
40
138
9%
28%
.
*96
128%
*126
128%
*19%
71%
71%
,
•
,
27%
28-
6%
*9%
10%:
*9%
29
99%
Apr
Nickel of Canada—1*——No par
Tnternat'l
:Int
20,200
49%
38
38
*6%
94
-
135
10
*9%
28%
...
9%
10%
27%
111M»
Sep
Dec
•
9%
94
137
*96
100
7
IOV4
*26%
27%
27%
-
Dec
154
>63
% July 27
'
iff preferredi_L.-i._i———100'
'300
37%
29%
*98%
6%
94
-
*135
137
*93
9%
10%
27%
*135
■
v
7
6%
7
7
.
*9%
94
*9%
•
6%
7
Marine
25
'
700
"
,
85%
3
6% Feb
109% Mar 16
Internet Min & Chem_.—L-
4,600
k
38%
110
8
Jan
9% July
29% July
.
12% Jan
5 %
par
No
Int Hydro-Elcc Sys class A—
7,900
%
40%
37%
*40
29 Va
38%
*99%
37%
40%
29%.
28%
*35
28 V*
*35
*40%
-"■21%
Feb
20% May
'
37%
40%
"
38 V*
40%
18
4
5
Machines——No
1
135
8%
48
Jan
Dec
5
74% Feb
21
Harvester—No
Iron
•";.■ tPreferred
"
47%.
Dec
13%
163% Dec
,
Apr 29
5% May 20
Business
Internat'l
3,700
12 Va
55%
3%
29%
5% Apr
18% Oct
'
'
*
3%
Interlake
Int
6,100
%
'..
10
135
135
100
1
3
Apr 24
100% Aug 21
"
—100
Intercont'l Rubber—No par
800
.
"*
29%
29 V4
*130
Aug
45% May
4% Aug
-
%
55%
:
Dec
8% May 20
/
il
No par
Corp..preferred—
6%
700
163 Va
*162'/a
54
par >
—20',
Inc——;
'Interchemical
5,500
149 Va
58
163'
May
Aug
24
Dec
2
4
10%
11%. Deo
5
35
Deo
Jan
•
.-No
Inspiration Cons Copper..
100
140
149
58%
163
%
56 '
11%:
*551/8/
56
•%
6%
150
149%
59%'
'
.
*55
56
3%
163%
%
%
97/a
12 Va
12
*54V2
591/4
163%
163%
%
♦10
6%
151%
59%
6%
150
59
163%
*163
6%
149%
59%
6 Va
150
152
59%
4% Oct
%
•
31
14% Oct 23
24
July
100 •£:/ 153.
—
Co_i—.
'
*149%
Apr
4%
4
26
16% Feb
Sep 21
6% Jun " 2
21%1 Sep
•4%-Jan
<■
% Not
v
'
2,300
,
'
VA
.
,
ctfs
'Inland Steel
900
108
*107
6%
'■..
;
'
,
7%
*22 Va
108
500
■165 >:
64
«6%
7%
*22
108%
63%
10
10
91:
91
*161
63%
63%
*6%
91
165
*88%
*161
63%
23
*107
108%
88
*161
•
See
RR
Dec
,% Jan
3% Jan
15% May
2% Dec
Mar 25
42
2
4%
11%
121/4
*4
:
2
11%
4 V8
9% Nov
23% Oct
2
May 13
32% Jan
.——100 /
J
31
Deo
1%
7
3,000
A
26
.-'-No par
5
12%
*4
5 Va Aug
Jan
Hud Bay
Hudson' Mfotor Car——
%
■
*12
11%
IV* Aug 31
2
5,800
34
8
400
2,600
22%
37'
;
37%
%
:
■
4%
4V2
4%
>
ip
lii
12 Va
*12
*
VA
*3%
4%
11 Va
19
*37
:
%
,
22 Vf
4%
;
8
8%
8%
19%
*36%
4%
4-%
•
jtf
22%
22%
■
%
%
8'A
*4%
4%
22%
iU
..
,4
4%
4% '
8%
8%
8'/4
8V4
Va
%
*u
u-:
v,
4
4%
4%
*
23%
22%
"
4%
%
34
Oot
2% July
14%
2414
Sep
Sept
14% Aug 31
11%
Dec
14%
26% Dec
26
18%
Dec
27%
Sep
33% Dec
28
19 Va
Dec
45%
Jan
5% Jan
20
3 V,
Dec
7%
Jan
Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
.Volume
Jan. 5
I per
t per shart
Jan. 8
61 Vat
03 '/2
30
63%
63%
;
30
631/a
'
63%
64%
64%
64
65%
;
651%
65
*
*175
176%
176%
22%
22%
23%
25%
*241/2/
<
121/4
"12
}
16 "
"
16
35%
r
'
31
*64
■'
65
*30
65
'
65
*175 " '
W
1.,
381/2
65%
:
23%
176'%
•
23%,
/". /
25-
*23
.
■••:•
'
24''
'/:
24%
25
1
/
Jan
3
18
73% Jan
12
29
74% Jan
177
Dec
5
—r-_„_l00 : /164% Apr; 16
tPreferred
Lily Tulip Cup C0rp_^—____No-par
Lima Locomotive
>'
17%
45%
45
39
;-// 38%
38%
*38
;
6%
'Tv"7".'>"6%
12%- -12%" V.
16
'i*18%':
18%
;/;/: 18%
18%:
16%
16%
*149/
16%
//:
<
45%?
12%
/
38%
;
-
17%
'
'"
'
i6 %
>•349
•
153
'
*15%
62
28%
19%
19%
/
10%
/
"10
*20
•'-/■
20%
*13%
■
10
■
*20'/2
20%
201/4
.
4
4
6%
"6%
14%
*13%
:
128
'
28%
19%
7/
■
Loew's
:
1,300
L'one Star
v/'
14'%
r;
20'%
3%
1%
1%
1%
'» *1%
1%
*1% ;
3%
3%
3 %
3%
3%
3%
3%
1%
"
6%
Macy (R H) Co Inc-„No par
Madison Sq Garden-——/—No par
c
Magma
.Copper-
Manati
Mandel
"v
9%
'
Oil
Maracaibo
100
1—1
Exploration
Midland
Marine
9%':/4
2,130
Market St Ry
10%/4,4.
9,800
Marshall
4,200
Ma rtin(Glenn L)
5
Corp—
'
*
■
91%
9
9%
,
10
18%
%
,/-
f
4
: ■;
■•"/:■■'
10
3%
3%
10%
18%:
/ •:
19 '/a
'./:/
I/,
9
*8'/a
'/
10%
,
18%
19%
"■ 4
:
10
10
19%
%;/•
4
■
/ /:' 9
9
9%
10".
19
vr*3%
9%
''
v
19
.; ' * 3 %
34%
33%
34
33%
33 %
32%
24%
24%
24%
241/4
24%
23%
23'%
22%
22%
22%
22 %
22'%
21%
*163
165
165
38
39
39
37%
*22%
23 %/v.
*98
;•
498
//13
11%
*11%
</'■'
106
*102%
8%
15%
*100%
6 %
*64%
103%
69
*57%
60
*29%
67%
*28%
31
:v
*20%
107%
107%
106%
60'/4
60%
'•
19
108
*105%
115
*111
3
*13%
*64
v
:>;i334jr-
65
% i:;
1
'./-'
1
.'/.* ^
:
/•':
1
27
'•
:
.v/
27 '-4"
*26%
5%
19'%
18%
19
201/4
20'%
20!%
108%
103 Va
108'%
108'%
7/ 60%
60%
60%
108
*105%
108
*105 %
115
*111
115
3 '/4
*105'%
13%
/v.l
3 %
3
V:
'
•4/14 ■■•■.'■
t>\<
4
18%
*86'%
115
3%
3%
■
*114
109
108%
-*108
//•
*86%
122
119
*118
*115%
123
109%
17%'
-
1,200
1,600
73%
17%
115%
4 110/4
*116
1^0
*118
123
•
110
100:
7
9%
*21%
34
'34%
9%
9%
9%
11%
11%
11%
',/ *21%
22%
*21%
22%
33%
•:•'
15%
-
35%/
64%
v
2%
2%
33 %
33 7/«
31%'
33 %
13'%
13%
13'%
1
31'%
$4.50
$4
190
*21%
22
22
*21%
15
15%
63%
64%
64%
;
63%
V
114
113
*113/: J14',.-/
3
53
-
series
5%
35%
*34%
35%
35 "2
35%
*1%
1%
*1%
1%
*1%
1%
*1%
Mueller
6%
6%
6%
634
6%
6%
23%
23%
./■•• 23%
/;. *15%
15%
112%
5% //, 5%
:'//§%/
5%
112%
5%
5%
35
25
*34%
/'.
15
Dec
22
Sep
Feb
74%
Nov
5
17%. Dec
29%
Sep
11
14%
Aug
4 27% Jan
28
4% Jan
30
1%
Feb
4%
Dec
x6Va Dec
18
5%
Dec
7%
Aug
16% Jan
26
12%
Apr
16%
31%
Jan
138
Feb
,
19%: Dec
Jan
31
Dec
July
'
Sep
250
%
Jan
1% May
5
2%
Dec
5%
Jan
3%
Dec
11 'A Oct
14
7
Dec
11%
/ 17%
Jan
12% Jan
6
X20'A
Dec
32%
Sep
8% Jan
6
3%
Dec
12'A
Jan
34% Dec
24
28%
Jan
Wheel
19
Apr
176
6
Jan
171
7
15%
Dec
28
101
Dec
22
90 '
Dec
107
12% Oct
21
8
14% May
12%
Dec
16
108'A Jan
6
103%
Feb
109%
Nov
24 '/a Dec
5
13%
Dec
25%
Jan
91% Nov
9
Dec
31
15% Dec
17
Dec
15
71/4 Jan
14
5%
Dec
8%
Sep
5
101'A
Apr
109'A
Jan
1
5
Dec
.
39
13
12
110
May 20
1
108
6
25
15
8
27
17
24
Jan
7% May
77
Dec
6
26%
Dec
27'A May
33%
Oct
6
Oct
24
3%
Feb
6%
Dec
29
Oct
13
21%
Feb
29'A
Sep
30%
Apr
37
Jan
28
13
13
17
108'A Nov
16
86
59%i Dec
31
34
108
Oct
9
111 ■'
Oct
30
/2>
19
19
21
26
28
67
2
27
•/
' Mar p
9%
'
•
125
Nov
Jan
45 %
Dec
Oct
93A
79 7A July
Feb
15'/2
Oct
Oct / /■'./
1
July
1
Dec
3%
Aug
-12'A
Aug
%
9
:
Jan
Dec
52
,/
4'A
24
Dec
17%
77
Feb
94
117% Feb
10
112
Mar
Oct
26
115
Mar
91
7
120
Oct •26
Jan
110% Jan
'
108%
6
*
9
24%
Dec
20
5%
9
/ 9%
Oct
3 'A Jan
Feb
4
17 '
Dec
8
69% .Tan
6
Dec
29
113
12
39% Feb
Dec
Jan
37%
Jan
Dec
4% July
Feb
61 Vb
Aug
24%
:
74
9% May
July
Nov
15%
74%
Apr
Sep
''
■
—
—-
4
IWi
Dec
/<:.:• 8%
Jan
34
6
6% NOV
2
2
1%
46
Jan
30%
18% May
20
63
:
Jan
43%
Dec
20
11
Oct
39%
;•
Dec
12% Nov
25% Jan
Aug
113%
Dec
21'A
Sep
123
Dec
35%
29% Mar 23
Sep
118%
>
Jun
48'A Mar 12
34'A Dec
May 6
108% Sep 18
Jan
112
7
18
8
Jan
38%
Dec
•
Jan
17% July
Dec
./ 1%
:
7
4% Oct
May 15
4% Jan
30 % Jun
/
Dec
4
Mar
1 % Oct
...
Dec
105%
18
14% Nov
•
4%
24;
3'A Dec
2
102% Apr 28
23% Apr 24
28'/2Dec 30'
12'A Dec 29
6'A Jan 2
9% Apr 23
201/2 Aug 27
2
Sep 11
50
Jan 2
HV2 Jan 7
.
Aug
54
2
Dec
5
1
July
3
Feb
par
82
71
Feb
14
-Cq->-t—/
9% July
Jan
.24
;—50
t——
Nov
72
17
May
Sep
110
70% Mar
Mar 24
Sep
15%
Dec
4 32
16
May
37%
9'A Dec
103
Aug
9% July
Dec
7
Corp—_.J—No
Jan
"
Dec
6
16
•
Apr
Jan
14
•14
par
Jan
27
7 'A Jan
No
Sep
2%
Dec
10
Nov
30'A Jan
'—No par
56%
3% Nov
3
No par //110
No par
112'
B
Sep
Aug
22
17
66
176
Dec
1
Sep
31%
Jun
40 '/'a
Sep
28
Dec
24'/b May
v
13
46% Jan
May
21%
25% Nov 21
29% Jan
33% Oct
Corp—t---
Brass
11
Apr
Murray Corp of America——^—10
Myers (F E) & Bro—
'
No par
100
21
4 26'/a Jan
Aug 31
Apr
Nov
Oct
Dec
Jun
Dec
Jun
Nov
3'% Jan
2
Apr 15
•
3,700
35
*33%
■.
1,000
53«
Jan
60
Dec
Mfg Co class B__———1
preferred
No par
Munsingwear Inc_i.——No par
Murphy Co (G C).
—No par
4%% preferred—
100
600-
112%'
112%
534
*34
64%
Jan
162
5
$7
190
44
15
641/4
Sep
19%
Dec
21
24
Mullins
1,700
15
5%
1%
34
Essex
100
112'%
b'a
:
&
Morris
21% 4
15%
19
12% Dec
142%
22
_j._10
Co_
& Co—u.
Motor
63
63
113
112%
5%
.
(J)
Motor Products
3
Dec
13% Jan
94
x5%
/ 64%
55
'// 20%
v,
4%
22'A
preferred series C——No par
Worrell
3,180
54 " 4
3%
21V* Jan
-100 v
preferred—
600
*2%
!.1% Dec
13% Jan
,
Oct
45% July
Apr
•
—5
preferred—
900-
53
53
*15'%
64'%
112%
•
4'3v'4:
3
:54%
*15 r'i 'U5%
19
'64
'
,
2%
*52
54
35
35%
2 3'A Oct
11%-
;
39%
Dec
16V'8 May 18
11%
44' 9'% 49%
9%
11%
Sep
May
Deo
(12% Mar 12
21%;
9'%
*11%
Jan
31%
'
.—10
Montg Waid & Co Inc
100
•
16%
Apr
28
9 »'
19'A Dec
Chemical
Monsanto
11,600
"
413%-,
131%
■
9 V2
"11% /II %
2%
WM..&
54
*15"
.
*9%
*301%
'/^
13% July
Apr
23% Apr
5% Jun
'
2%
54
,/;//
33
13%
V
9%
2% /
54
/14
13
14%
*30%
"33:
9% Defc
13
19%
5
"
34%
*30%
•
ll%
■/..
,:/:'
22%
2%
"63%
13%
9%
11%
*52
34
*30
13%
13%
*11 "2
:
?:
34
'
-8
19
101
"
*30
Jan
x32
V 27 % Oct
9% Jan
No par
Co
Co-——
Petroleum-
1st
cum
Preferred
4"
37%
May
2
88% Apr
Jan
Jan
May
May
$6.50; preferred--1
No par :
57% Jun
Mission Corp
/—
—10
v 8% Apr
Mo-Kan-Texas RR
——No par/-'/, : Jo Jan
p-■"•' 7■% preferred series AJ
—100 <
1'% Jail
Mohawk1 Carpet Mills
;
-—a—20
12'A Feb
80
'
!
x29
Jan
12
Minn-Honeywell Regu__—No par- 35%
4% conv pfd series B—
.100 . '103Va
4'A % preferred series C„„-.100
xl07%
Minn Moline Power Impl——'-j—1 :'i. •
1%
1,100
4iio44 xio m
f r
t34
3,200
86 7 if
86%
123
115%
*118
1091/4
;/•
)*:.
3%
•
86%
86%
119
109%
33%
•:■•/
•
87%
*118
r|
*17%
500
I
'
■•4*17%
3%
3%
3%
18
86 Va
123
*108%
34V8
3%
*17%
87%
:;.*ii5 ;••/
109%
33%
33%
33%
*18
118
/'/•':
122
3%
18%
3%
»
87
,
115
-
*87
'*118
87
*118
3%
19
*18:,8
18%
1
3,300
'14
14 '•
14 ':;•.'•.
1
VV.l
:5
Dec 26
Prod—'—No par
Midland Steel
8%
/
Min
CoppeiV—
'Mid-Continent
•
340
'4 :3'% '
3»%
*65%l66%-
•
65
64%
-/
'14
*13%
14
/
31%
&
Machine
Miami
2,800v:
108 !
..100
—
Trans
Merch
200
108%'
Jan
27
1
preferred
Mesta
•
3,000 4
4* '601/2
60
co'nv
Corp—
200:
V
30
35% Jan
1
6% Jan
100
Co.—
—
*111'%'
'
65
7
,
800
20 %
108'%
108
:
3%
?7,' 65
19
Stores
400 ■-
'
..
*20
"
*111%
.
6
'
Jun
Deo
■23% Jan
14
18
——No par
S6 preferred series A
—No par
$5.50 pfd ser B w w
—No par
Melville Shoe Corp——
1
Mengel Co (The)——
1
5% conv 1st preferred.
——50
4 250
•
*18%
/'
'
•'/ *3% '■/
*5%
61
65
1
4
109
61%
1,100
4/27vVr27%'
5%:%
5%
••■
20%
3'a
1
26 %
Mead
1,700 4
26'%'
21
18% Jan .8
76'/a Jan 26
19% July 28
162
Apr 20
31
Apr 29
1% Jan
5
13% Sep 24
76
Jun
2
9
Mar 6
10
May 12
99% Aug 21
V
5
.—
preferred——Vi-
-
3,400
4
par
:J
Robbins Inc.
&
McLellan
•
*28% ' 29
.18%;-
*64
*.
13%
13%
'
29
•/v5%.:
5%%
4
6%
4% '
7
26
25%
29
191/4
*105%
*111
.
3%
.3%
3
65
25%
30
25%
20%
i-
60%
115
*64
25«%
*29
*
5%
*107
108
*111
4%
Dec
'4
17%
x20%
131V Jan
No par
McKesson
400
30% 4
30%
4%
27
*201/4
61
30%
4%
5- 7/
Pub Co'——,
Mdrttyr6 Porcupine Mines
60
30%
301/4
•
29%
5%
108%
*105%
*4%
27
*26%
20%
*20
30%
4%
29%
19%
19%
19%
30 n-
67%
*571%
.
No
preferred-^—
McGraw-Hill
103 %•:
*64%
60
Wks„
1.100'
,4 6'A --r'4
6%
67%
*57%
5% ?/5%-
20 3 a
.7/,
*64%
60
*25%
26%
26%
18%
*59
67%
*■57%
4%
5%' /:
*5%
*64%
CO
29%
'
26 'A
26 »/4-
67%
5
*29%
7"';
*iOO%
6: •■'/;/':
;•
.•
153'
Dec 29
19
1
Co.———.
3,400
6% ••'
*6%
*64%
.
25%
:/3i/;/:f-'
6
'
100'
15%'
4
112 "4v-
Mar 30 /
Apr
9
Sep. 2
% Mar 27
2% Jun
4
4% Jan
2
v, 8i%Apr 17
(
17 '/< May 20
•.
S'/sSep 4
22% May 1
No par
S6 1st cum preferred—i—-No par
McCall Stores Corp———
1
McCrory Stores Corp
1
5% conv preferred
100
McGraw Elec Co..1;
1
$3
100
4;
39
*109%
:
103%
*100%
6%
■
.'/
3,200
4-
189
16% Nov 10
*
Department Stores—
—10
Maytag Co
-—.—No par
700
/:
"
May
1,000
*
•
//■
-8%
*38%
6
*57%
60
26
*25
103%
v.!;./
'
6 /V
"
15
112
*109%
•■■•'
*100%
• 29%
■:
112
*109%
/
6%
30
4%
15
103%
4%
29%
4%
39
15
6%
*6 ;
'44/
38 %
6%
-
*8%
151/4
*100%
/
8%
39
6%
*57%
•
7-
117%
22%
22%
Jun
5
May 2
11% May 18
preferred--——1100
1%
200
V
No par
No par
Corp—
Alkali
Malhieson
'
108
*1021%
500
•
13%
•7*11%
•;••/
22% /
*81.4
8%
*g%
6'%
*64%
,
•
111
*109%
6%
*100%
•/.• >6
103%
T
111
6%
7
104
22%
:
J.—1
Co„
Corpi——
Elec
Master
1
1,200
"
107
13%
,
11% i
11%
104
-
15%
39%
15%
25
*100
13%
38%,
38%
15%
*23
: 107
*13%
22%
*8%
8%
381/21
'
2%/-i!4-
2%
'
Masonite
300
1,700
6% pr preferred..100
Field & Co——No par
Martin-Parry
20
38%
23 %
;
4
1,900 4
'
'•'•
23»/4;
422 4/444
22
38%
*100
104'%
22'A
*'
32 V2
32
*22'%
2% F 2'%
11%
*11%
*103
•
39%
*109%
6%
.
8%
>
23
15%
112
*6%
*6
12
106
22%
15%
*109%
12
*102%
39%
39
39
v
11%
22%
104
:
4,700
*164
23%
13%
*131/4
.
4% .44'
"
2%,
107"
*100
13%
13%
22%
*102%
'
8%
'/ 15%
107
*160
*8%
23%
*22%
*8%
'
•: 107
13
19% 4
4!%
,■
22%
*37%
24
*23
10
4
24
22%
38%
*2% ■!:
/•'/
23
-
•'xl0!4'
*164
38%
3
:■■/ 23
23
13
107
13 V';
3
2%
2%
2%
*2%
/. *22%
18 %' "
*23
V
*164
165
38
165
37
■
/ '21%
21%
*163
V
/:
3%/'4 4%,/:
*32'A • 33
33
*23!%
9
10
181/4
3%
*33%
„/
9
9%
-
'
•
Jan
174
4
9
•
9,500
3%
3%
Jan
98
19
Dec 11
2% May 22
25
Manhattan Shirt———
4 100
14% u%
1%
Jan
96%
19% Nov
,
Sugar Co__
—-1
Bros——_j>—No par
—^
39
Dec
Nov
7Ve Dec 11
■
26% Dec
7/
"/ 17% Apr;- 30
9% Nov 6
-10
1,600 /
1,900
.
'-
Apr 29,
15'/# Apr
122
—100
4,100
.
•
Mar 13
11%
128
11%
'55%
ForbeS—^——10
&
preferred—-to
600
3%
*1%
MacAndrews
'
3'%
„~No par
-100
Matik Trucks Inc—1——No' par
6%
14%
preferred-——ilOO
§11/1-
500
15
- •
1,900 ;
•
6'%
Vs
'-10
Nov
64
Dec 18
Jan
6
46% Dec 15'
42% Jan 28
2% Mar27 \
i,_25
Co———.
Louisville Gas & El A
Louisville & Nashville—
•
400
20'."4;% 4
lO'/af,/-,
21
f ,4
19% ;
4
100
1,200 ^
f
28%
*10/
14% 4
•
128
:'4 28%
;
10'%
*13%
/> 7%
'
Biscuit_J——
(P)
Nov
Oct
32%
'A
32% Feb
37 Vb
'12%
*16%
24'%
Highest
t per shart
64%
v23%Nov
.
Cement Coip_2---iVo por
Lorillard
v
■
-„No pat
•
Loose-Wiles
300 -
3,900 •
•
Inc
Long Bell Lumber A.:...:.-No; par
'
12,300
21446,%''
20%
*123
19%"
,.*9%
*1%
3%
:
4
?
*13%
14%;
//•
28%
%' /
'
20%
20%
21%,
4 ■/••:•;
3% •;J 3 7%
6%
■■/•: 6% v 6%
*3%
6 %
•'
1%
3%
20
10
*13%
14%
*1%
19%
10%
6%
4
' •'21
*123
20%
10%
8,800
'*v-*15%/ ■17
;•
"59%
601% v
17 V
60%'
:/ 21
.
28%
20 Va
:
*15%
% 60%
21'%
28%
28 3b
•
/
17%
'148%' 153
148%
'
128
*123
-:
10
:
21%
W
*6%
'•■.
-
22
128
28 %
3%
6 %
60%
20%
/
.
20
4
6%
15%
60 %
/
*123 '
.
28%
19%
V' 10
*20
.
128 "
28%
,
20%
*3%
22
*122
28/
-
15%
61
,.
9,100
Refining Co_i—No par
Liquid Carbonic Corp^_«„—No par
Lockheed Aircraft Corp—r—I■
17% "
"17%
17'/a
*
' '"
15%/
*151/2
62%
*19%
;■/;
*148%, 153
—No par
Lion Oil
>
'
17 %' :
■
,16%
153
*148%
■
15%
62%
128
,
153
*15%
•
22
*19
*122
'
15%
■
*60
17.
■
17:1 ■
42%
18%"
18%
171/4-
•■v.
2,100
16% ;
•16
//
44./r/: ;■"/""43''' •,,,' 43 % ■
38 %
" 7 381/4" 38%:
38%
7 v/
7:1/4
6% .' 71%
•'
18'%''- .'
18% '
*18%
*18%
'
6"% /:;• 7 %
•7'A"
16
"i
'•16%
16%
16%
18% :
*17%
'
12% •/'■
;/ 15%
•
,
16%Apr;14
k
22Ve Jun' 23
25 % May 21
4 ,,9% Jan" 2
11% May 1
•'■14% May 20
37
Jan
2
'
31% Jun" 16
Wks—par
Link Belt Co—
*
33 i
Mar 13
1941
per shart
50'% Apr
2,000 *
,
Highest.
50 Va Apr
200 /
'•
500
351/4:
12%;. V'/
1.200
*34V2
'
16%
V
45%
7
35
'
•16
17%
6%
35
Year
Lowest
20
"
•
Lots
$ per shart
t per shaft
Corp_„_-Ui._:
5
,--25
B—.—Ui.—'—-,—„i.25
Series
'
60
;■':
-Lowest
•
Par
Range for Previous
11)42
100-Share
Liggett & Myers Tobacco.,-
700
2,500
.
of
Life Savers
300
,^v'
,
65'%
64%
*175
15%
12%
12% / 12%
•
45%
••••
*6%
■;
30% :
*64
•'/;
'
176%
*23
35
35
38%
4 5 7/a
-f/
//:
45%
17
45%
*38
•
171/4
16%
■■
>•
23%'
25
*24
25%;
16%
'•■v-
*23
/
*35
12%
16
'i
%
V •'•/''
•■/»'"
'
■/:
351/4
:
34%
12%
23%
•: *24%
25%
34%
25
25
i
176%1
175%
;
;
Ort Basis
1/
-
175 %
22%
*22 Va
*29
65%
'
*175'A' 1761/21
31
30
64%
63%
65 %
•
*29
30
31
*29
/ ^EXCHANGE''
Shares
t per shart
"
';'
Range for
YORK STOCK
NEW
Salea for
the Week
-,/
J per ihatt
* per iftar#
I per Hrnr#
shart
Jan. 6
'
Friday
Thursday
Jaii. 1
Wednesday
Tuesday
Jan. 4;
Jan. 2
,
STOCKS
SALE PRICES
AND HIGH
LOW
Monday
gAttifdfty
Dec
:/// 51 %
Jan
Dec
19%
Deo
N
1 :
\
";•':/•/■'/
■
:'"■:.
>
■
.
-
y.
j.
:
5'A
8%
/' 8%
*8%
8'A
8%
8%
8%
.
/
17 'A
*17
-
/■ /,>
/
19'A
9% v/ /.
'
15%
5'A
5%
8%
8'A
8'A
8%
8%
126
v
7%
V./
*16%
6%
*16%
%.■,// ¥;//.:
19
:■/''■/'
:
i
7 !*8
25%
;y *16%
:'
& St.
Chatt
5
..100
1
1
Corp
Nash-Kelvinator
Nash
No par
Liquidating Co—
National
600'
8%-
Louis—
Co—i
Acme
Nat Automotive Fibres Inc
800.
6%
conv
10
—5
10
preferred.—
Corp-
Aviation
National
1,800
9%
25%
*16%
17'A :•■'.?
!
.//■r': 9%
'
,7
.>' •'
6%
*70
6'A
6'A
6%
70%
71
70%
;.
71
/•/•!i
70%
:
*9'A
,
•
17% "
6%
26
.
'
.
6%
6%
*16'
■
*
•'>
18
>
6 Vb
"
,
•'
"
6%
-
'
71%
-
preferred—.———
—100
& Share Corp—-.No par
Bond
7
Can
National
6,800
72
*170
$4.50
—1 •/ '■
Gypsum Co——
conv
No par
preferred—-
;
•
14
14
14%
*158
*135
139
*14%
:
<.*34%
2%
52%
5%
14%
*57
2%
--
*36
52
5%
*13%
57
v.62%
74 3
76%
26%
*15%
2%
39
*52%
;
638
14% <14%
57
62
3
.
6
62
.
: *2%
'
6%
•
-
•
;
57'A
v
9%
•"■;•■"" 9'A
16'A
*15%
16%:."
•9'A
*75
77
*75
40
*37
-
.
*111
*
27
*111
...
; 27
27'A
6%;
■;
1,000
9'A-
40
•
"
::
so,
i: •"
%i
27
10%
11'A;
/
1,200
""
103/4
173'e
*94
11%
17%
95%
For
footnotes
11
11%
11
18%
18
18%
95'A
17%
*94
see
10%
*94
95 y8
page
143.
10%
17%
*94
11
10%
177A
18
9 5'A
"il¬
•
ls
95%
95'A
.
'
•'■17%.
18%
*94
96'A'
•
y
Steer Corp_^_._
—25
(The) Pa———10
$2 conv preferred
——40 y.
5%% prior preferred—
—100
/ 6% prior preferred—
100
v National Tea CoNo par
Natomas Co
i
:.
—j
No par
•
.,
Neisner Bros
4%%
conv
'10,400.
5,500
100'
;
Inc
-
l.Nq
—
per
—1
26
13%
Dec
/
5 % Nov9
2%
Dec
'
13'A Dec 29
29'A Apr 28
;1% Apr 16
43% May 28
4
May 14
Jan
7'A
Jan
9
Jan
5%
Dec
6%
Dec
11
Dec
18%
166% Jan
Jan
1607/» May
175%
Jan
17%
Jan
-
14
16% Dec
12%
x
Dec
3%
22
5% Nov 27
/<
Dec
9% Apr
14% July
Dec
10
Sep
Dec
30
9% Dec
31
7%
Dec
11
Jan
15% Aug 25
'12%
Jun
16%
Sep
Sep
20
■>.
73,'B Nov
•
23
3%
Dec
9% Nov
21
7%
Feb
26
.Sep
28
18
Nov
6
67A Dec
24
8
10'A
•/
Sep
"17
•
Apr
11
Dec
20%
Sep
Dec
8%
Jan
Jan
3%
251/2
Sep
Mar
5
oi CO
Dec
93%
16'A Jan
12
12%
Dec
19%
168
Jan
29
160%
Dec
176
Jan
146
Jan
7
138
Nov
154
Jan
Dec
24
Feb
36
72
-
17%, Mar 17
36
23
Nov
14%
26
2%
3'A Jan
5
Oct
21
42
6% Jan
*8
4
16% Feb
25
8'A
54
J
Dec
7% Mar
Dec
Dec
,
Sep
68 'A
Jan
7% July
Dec
Feb
16%
Nov
63
Feb
6
41
68
Sep
70
Feb
5
43
Feb
75%
Sep
4
Oct
'21
2
Dec
5
Feb
4% Oct' 10
9'A Feb
6
8%
Dec
11%
Oct
7
9'A Dec
28
6%
Dec
9%
Deo
3an
May
Apr
Mar
Apr
ADr
15% Dec
93% Dec
70%
28
104
22'A
7%
'
Sep
23%
'
9% Jun 10
45% May 22
51
May 19
2% Mar 30
11
(J J)
23%
13%
23
17
■:
10
9% Oct
3% Apr 28
60
Jan 2
5% Mar
,
serial preferred—100
No par
5% preferred series A_:
—100
Newmont Mining Corp.,
10
Newport, Industries..
—1
N'port News Ship & Dr Dock
—1
$5 conv preferred
No par
Newberry Co
,
111%
National Power
Nchi Corp
2,600
10Q'
16%
27'A-
27'A
500'
250
>
——4
& Lt——No par
Products Co
National Supply
1,300"
78
*111
111%
;
Oil
5% July
Jan
8% Dec
ll7/* Apr 25
145
May 6
.'129
Mar 17
National
1.500:
3
*37%
.
National
;
11,000
•
57'A
*75
40
•
■
6%
^
*9%
800
400
61%:
*15%
78
*36
" 3
10
7% preferred A—
100
' Gc/e preferred B——/
\-100
Nat Malh& Sti Cast Co__5.-N0 par
23.000"
14%' "
6'A
6'A./
75
•
•
;
(
Co—I—^
National Lead
V •
90
•
2%
53
6%
*61
v
3
-
40
27'A
-
14%
57/.: ;"
57
;63
75
21 Va
27
'••2%
■
■
*15%
*111
%
'
9%
17
37-,
;
100
14%,
"
"
6
•14'A
*2%
'
27
'
138'A,•'
■14%
100
"
62 %
9%
138%
.
52%
52%
"
6
57
6
%"'
•:
8,800'
14%;
165%;;
*34
'•14%
2%
14%
*158%
137%
14%
*36
74%
•
*13%
14%
62%
6
16
8
5%
'
^34.-:' -37-
2%
52
14%
165
137%
14 'A
37
*52
3
9%
■
'
*160
1371/2/
2%
57
/' 14
:
162
*34
6
6
9%
*36
*14
:
52
6'A
-
'137
-
'
2%
3
9%
16
37
14'A
14
162
14% "
3
*6
*111
267a
2%
63
.
40
*111
•
58
3.
i
■j
137
*34
*57
16%
*74
*13^%
"* 62 'A
;
9%
*15%
6'A
:• 14% •14%
r.
2%
9%
52%
6/
14%
162
14%
-
2%
52%
7
14% 7,
6%
36
2%
•
■
14%
14%
14%
*158%
.163
7/36
.
6
62
*6
.
52 %"
58%
G2
/
^
.> •"
2%
14%
f
*135% H39
/,
14%
36
.
-*158
165
•
3 <:,■ Dec
:•
14%
16% Oct
'
'/.
*1%
•
20 / /:
19% Oct
/:
Corp—-———-10
Nat Cash Register.:
6,700
—No par
'National Cylinder Gas Co
4,000.
1
12,500' / Nat Dairy Products——-No par
12% Apr 30
National Dept Stores
1,100
No par
4% Jan 9
"V
6% preferred—;—
—10 v; v 8% May 1
5,200
Nat Distillers Prod
—i-j—No par
17% Apr 24
V Nat Enam & Stamping4.j_v,—No par /// -14% Mar 17National
1,300
.Oct
29%-Nov/2
.
'
"
1
v.
71% '
71
70'A-
"
Nat
Biscuit Co—
3'A July 14
1
Dec 31
3% Jan 2
16% May 27
13% May 26
3
Apr 24
5% Jan 5
6'A May 16
13
May 5
/ 140
May 1
v 12% Apr 23
V
3% Jan 2
11
Jan 2
/
6% Sep 16
.
26
25%.
A-•
17%'-'
*16
.
7 :
*91/4, / 9%'
9%:-r
H" 25%
•
•v
70%
.
15%"-
7
7'A
■
;
10
•
7%
300'
/
'
15'A
National
500
-
19 »A :
19
v/9%
'14% 'Ms 'A
9%
(26
•17%
'."■: 5%/
5%
'
1VB
y%*9%
25%
•
*16%
8,400'
162
19%//;
19
16%"/;/
'A-'; ' /
16
162%
5%,?:
^•' 9%
9%
/ V/
17%
5%
14%
'7'A
■
162
*
16%
•
;
-
/
1,500
8%
8%
-
162
"
19'A;:'
;/
16%
16
•
/
5%/.,
14%"
7'A
"
17%
19%
9%
:
,
163
5%
14%
*9'A
17%
6%
17%
5
16%
'
10'A
:
//
26
.
16
163
14%
/
9%
25%
.'v
•
18
*16
6%
1
!
■
.
240
/
5%';/:
*5',A
5'A
*8%
15,800
'
•
"15%/
15%
*5!'a
•
6%
25
25
*/
•
Nabco
,1%-
6%
.
24%
15%
9%
14% •/
* 9 'A "
v
19
a
10
■7 »/8
*91/4
v»v
24%
15%
8%
16% v
■:■//-'•/•; 5%
19%
9%
7'A
.
5% ./'
14%:
*67/*
25%
17%
17
'
5%
18%
9%
14%/..
14%
V'
25
*8% t* 8%
-
165
165
165
17
Z
5
16)'A
10%
*163
./v
164
19
I,
/•:/15%
15% /
15%
/*9%
:•:•■/.
*1%
'
5%
i
5%
'
•
6%
6%
,
15%
*
8%
8%
5'A >'•'■'
5 »A
■
1%
:
24%
15%
8%
164'•
.
15%
5%
5%
//•/'
).
15%
24
*8%
.I;
I
24
*8'A
?"
.1.
6%
24
15%
'
-•
6% ;■/
*1% :
Dec
23
10%
751/2 Sep
15
.
17
69% July
1T
5
26
27
10
17
28
2
14
Feb
39% Dec
4
110% Dec
24
31%
105
Dec
Nov
ADr
July
79%
.
Dec
451/a
Jan
110
Jan
30'A Feb
16
22 'A
Apr
31%
Jan
11% Jan
12
5%
Anr
11%
Aug
19%
Dec
27%
2
25% Jan
109'A Jan
.
9
106 % Mar
116
Jan
July
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW AND HIGH SALE
Tuesday '
Monday
Saturday
Jan, 2
I per
I per shart
t per
shart
t per
shart
Friday
the Week
Jan. 7
Lowest
EXCHANGE
27%
27%
27%
27%
*28 Vb
28%
28%
28%
28%
900
New
10%
11
10%
lift
10%
10%
10%
10%
10%
10%
19,400
New
York
12%
12%
12%
12%
12%
*12'/a
12%
*12%
13
12
12%
700
38
38%
38%
38%
38
33%
37%
38
37%
38
14%
*14'A
14%
14%
14%
14%
15%
15%
15%
6%
6%
6%
6%
6 Va
6 Va
6%
*6%
7%
16%
16%
16%
*16
17%
*16'A
17%
17%
18%
600
*63%
65
63%
64
64%
30
38
14 'A
*
28%
ft
ft
''
1%
*
1 %
1%
*1%
ft
.
%
Va
1%
1%
1%
1%
%'
Y'ft ° A
ft'
21%
•
1%. 'ft,
"r%
.ft ' '•• %
■
%
21%
21%
23
23
10Va
■'
165
165
21%
23%
113
166
166'%
114
113
169
10
9%
*49%
50%
49%
48%
48%
10%
*48
49
107
95
*91'A
92
91%
91%
*91%
7%
8
7%
8
7%
7%
3%
3%
*30
30%
4
;
3%
•
69
r
3 Va
•
10
95
*29'A
34
*8%
9
*30
8%
12%
14,900
90
108
*15%
15%
1,000
*36
37%
40
3%
3%
3%
■-
•34
*30
12%
12ft
12%
12%
30'A
30%
4%'
4ft
29% ..; 30
4% ft 4%
9
9
1,600
: V
7; ft
400
*27%
29
50
*45
57
58
29%
*27%
29 Va
*28
50
*46
50
*46
50
55
5G
56%
56 <:•
;
.
■
55
•
"ft *46
55%
;;
16
4,100
144
340
28%
28%
"
24
8
8
6%
6%
6 Va
24
15'A
*10
13
23%
23%
23%
23%
23%
33
33
33
33%
33
19
*32 Va
19
20
19%
19
*90
92
*90
148
148
92
92
*147
148
*147%
3%
2%
3%:
3%
9%
9
9ft
2%
3ft
*9
2%
2%
25%
26%
26
25%
'
7%'
*7%
*105%
2
2
*36
*97'A
100
17%
*16
3%
9
*8%
2%
2%
26%
24%
25%
3%
3%
7%
*7
107%
107
2 ft-
2 Va
36%
*97 ft
*115
ft
Oct
Jan
1%
Feb
Vb Jan
14
% Oct
3
A
Oct
Jun
3
30% Jan
2
23%
Deo
15% Apr 29
23% Dec
28
19
Deo
tN Y Ontario & Western
N
Y
*16
17
*16
Va
Mar 26
192
Jan
14
179%
Deo
215
109
Feb
119%
.10
116% Sep
lift Nov
29
Mar 31
9
9%
Dec
17%
Jan
preferred series————
50
5%% preferred series—,—50
39
52% Jan
20
50 '/a
Apr
58%
Jan
27
57%
Jan
North American
100
*16
-17%
American Aviation
North
Northern Central
tNor States Pow $5 pfd
Northwestern
Telegraph.
—50
Norwalk Tire & Rubber..
Omnibus Corp
8% preferred A
Oppenheim Collins..
24%
*23%
24%
*58
58%
80%
81%
80%
3%
81
3%
3'A
3%
*1%
1%
*1% : ;1%
33%
33% ,.33%
13%
*12%
23%
24%
*103%,
23%
*18%
18%
*18'A'
46%
46%
*106%
.ft"
Va
29%
39%
39%
39%
20%
20%
20%
21
25
25
25
5%
*24
*
29
29%
*5
•ft 6%
6%
5%
*5
.
*
5%
18%
''
5
21%
21
21
20%
v:Y'
6%
*
6%
5 Va
:5% ft
25
24 Va
37%
69
13%
ft
*105
108
*108%
*7%
8%
.
82
4
109%
*108%
;
8%
45%
45%
*2%
"V '
3%
■
80
'*75'A
8%
ft
79%
8%
9
9
*80
85
45%
46%
45%
2%
46
45%
80
70
*65%
70
*65%
18%
*18%
3%
3%
*2%
72
*65%
•
18% )
18%
*3%
ft
4
*3%
■
35%
*34
*4%
*56
*18%
1
.
'
■-
18%
/
35%
i-i'"
109 Va
34%!
34%
~3%
*3%
•
9%
9%'
9%
*4%
5
;
*56
59
9%
"
34%
*3%
5%
*56
-
59
*140
—
9%
171
*165
4 Va
4%
*169
4 Vb
171
4 ft'-
4
4%
5
"4%
;
*169
ft"
171
4 Va
4ft
*4%
59%
59%
*57
*24%
25 Va
25
25 '
24%
24%
*65
67%
66
66 %
66'/a
66%
7 %
7%
*7%
*147%
1%
59%
8
150%
1% ''
—
7ft-
150%
1%
25
30
14'/a
15 ft
14 %
14%
*17%
18 %
*17%
18%
4'A
4 'A
4'A
ft
15
18 '/a
18%
18%
18%
%
6%
6^'a
6%
6
*6 'A
*23%
48%
*119
•
6%
ft
*18'A
4%
17%
6%
2%
18%'
4%
18%
6%
.
*4-
25
2567
7%
OO
2ft
27
1st
14%
4ft
17%
6%
4ft
17%
6%
*6%
7
*6%
7
%
24%
25
25%
25%
*24%
26
48%
49'A
49
49 %
49 ft
25
*119
11 %
122
11%
11 %
*6%
*119
11%
7
122
11%
*119
11%
49%
122
11%
24'/a
23%
'24%
38%
38'%
39
68%
69%
70%
7,500
640
?
140
V 14
14%
3,100
80
80'%
2,200
*106
109 Va
*109%
•
•
.
ft
110
ft
111
Y
45%
44%
3'%
*2%
45%
7,100
*65%
72
18%
■
3Va
102
>
;
18%
1,700
*3%
3%
*34
.
3%!
:
*4 %
*56
600
35%
*8%
9%
*166
4
4ft
>/b
*4%
5ft
*57
59 7/a
130
25
67
'•
70
8
'
700
*7%
7%
*151
160
2ft
27%
14%
1%
24
14%
1478
*18
18'%
4
4
18
4%
Vb
18%
V%
*6%
*24
18
6%
6%
6%
*6'%
26
49 Va
*119
*24%
49%
49'A
122
*119
1
50
160
1%
1,200
150
25
14%'
5,400
4 %•
183a
6 3'87
1,200
4,700
3,500
'•
400
26
49'%'
5,700
8
8% Jan
9
101 ft Sep
28
\
106% Dec
122
12 ft
78
78%
970
88'%
89%
710
97
97
96%
98 "4
98
98
98
98
98'%
98'%
99
10,000
'
110%
110
110%
110%
110%
111'A
111 'A'
118%
*115
118%
*115 ft
118%
*115 Vb
860
118%
26%
9%
Dec
10
7%
3%
.19%
Jan
10
2% Oct
~~%
2
"lft July
Feb
Dec
—1
14% Oct 28
Jan
2
2
2% Jan
14
19% Apr 29
29 Va Dec
18
24%
2
Inc......
1% Jan
par
No par
1
Jan
20%
Jan
Dec
%
Dec
Apr
14%
;< Dec
1
43'A Mar
54%
82 ;ft Dec
26
73
Dec
89%
Sep
Sep
Dec
3%
Aug
60
;
14
-
4
Sep
T
15
2
2
Jan
,Jan
May 15
15
,
34%
Dec
27
2
108%
.25% Nov
23 Vb Jan
)
:•% Jan
.
47% Dec
6
Dec
112% Mar
•
25%
Apr
Dec
25
Aug
Jan
54
%
Dec
18%
24
v
Marquette Ry Co—.
No par
Co
5
Brewing Co———No par
Petroleum Corp of America
Phelphs-Dodge Corp.
——25
tPhiladelphia Co 6% preferred—.50
$6 preferred
—
No par
Philco
Corp——.:
——3
Philip Morris & Co Ltd..
—10
Preferred 4 % % series————100
series.
27
|
—————100
7%
26%
—
—
—100
Flour Mills—'——25
Ryl Co.——100
27
:
Mar
5
Dec
.
,
6 %
preferred-————————100
Corp.—No par
preferred—_——No par
7%
No
Poor & Co class B
No
Postal Teleg Inc preferred—No
Pressed Steel Car Co Inc
5% conv 1st preferred.
5% conv 2d preferred
Procter & Gamble..a—:
No
Creek
Pocahontas
par
310
60% July
Dec
38
21
Jan
27%
Oct
7%
Apr
7ft
Jan
32% Jan
14
23%
Dec
357a
40% Jan
14
35%
Dec
47% July
76% Jan
30
69
Dec
91
8 % May
X14 % Dec
17
Dec
29
72
Dec
89 ft
Sep
107% Mar 23
105
Mar
110%
Dec
79
May 20
16
98
Apr.27
30
1% Feb
25
2
43
May
15% Jan
27
80
6
May
16
Jan
9
6% May 12
65
NOV
110/
Jun
103
;
Oct
5
46
Dec
31
Nov
16
3
19% Oct
14
4% Sep
29
Feb
1%
Dec
38%
Feb
26% Apr 24
38'/a Oct
5
6ft Jan
15
Jan
21
x
13
,
109%
.
4% July
2
23
56% Dec
■7% Apr 29
165
Feb
165
May 23
3%
29
Dec
4
19
Mav
2
47% Apr 28
Jun 27
20
68
10% NOV,
6
27
4'/a
6%
Dec
,23%
109%
Jan
46 Va
Jan
84
Jan
Dec
13
Jan
181
3%
Dec
4 5'A
Feb
65
Jan
3
24'/a
Dec
43 'A
Jan
33% Jan;
Jan
26
70
1 Feb
14
25
10% Jan
26
6
Dec
15
July
July 22
164
Mar
164
Mar
153
July 22
153
A May
1% July
1
Jan
24
2% Sep
21
Yi
% Jun
24
14% ,Jan
28
13%
Dec
17
July
15% Jun
8
18% Oct
14
16
Jun
21
Jan
2
5'A Jan -13
4
3
5%
Dec
13 ft
Jan
3
6%
Dec
13%
Jan
40%
Jan
3
50
Dec
pfd fser of Feb 1 '29) — .100
Pub Serv Corp of N J
—No par
115
Feb
16
Oct
16
115
Jun
3
Oct
Sep
21
1
Jan
13 ft
8% Jan
21
Feb
8% Jan
9% Jun
8%
4%
52% Oct
6% July
.
3% Dec
29 % Jan
Pullman Inc
'75%
Oct
51
Jun
6% Jun
58
.—1
No par
No par
Jan
5
21
7
pfd $5
Jan
Oct
17
preferred.
9%
Dec
4
Oct
Feb
7ft
6% Jan
62
10
8%
8% Jan
Dec
166
174
Oct
7%
Aug
163
25
Jan
Dec
Mar
19
Feb
14
July
Oct
•
Feb
Dec
3% July
52
Dec
64
175"
Jan
Aug
July
46'A
Dec
2%
165
5%
9
77
4% May
51% May
.
.ft 35%
3% Dec,21
65
May 25
3
5% Jun
100
100
-100
Jan
3
24
par
par
12%
7% Jun
Feb
—-No
Jan
July
•55% Apr
42
preferred
preferred
t7% preferred
•V
May
1
Apr
22% Jun
t$5
11% May
Dec
17
5
-50
Pub Ser El & Gas
6,700
4% Dec
41
ft
par
t6%
Aug
1
28% Apr
3% May 21
7
9% Jan
par
Sep
2%
30% July
27
Dec
22
49
Jan
Aug
36%
26
30
■■'17ft
,
17% Dec
17
7'% Jan
6
Dec
20
fl
2 % Oct
2
15% Mar
3ft
Dec
108% Feb
2
Apr 20
16% July
Jan
.52% July
Apr
11%
4
May
187/a Jan
1
Dec
21
Aug 12
2
104
1%
1
21
44
36
30%
6%
30
,
Jan
Dec
14%
Jun
>
Oct
2
Dec
6
Apr
11
18
20
17% Mar
1% Jan
32
—..1
14% Apr
Jan
Jan
1% Nov
1% Apr
Cement—.—.No par
106
29% Oct
15
56% May 1
44
par
■■■; 95%
37%
Dec
2
3
13% Jan
—10
Enterprises
A
A
17
19%
Mar 20
13% Aug
2.50
;
Mar
11% Apr
1
No
Co—,—_—
Pepsi-Cola
Pillsbury
Dec
28
Dec
1
90
$7 conv pref ser A
4%%
Jan
Jan
115%
Ford——.—No
&
Pet Milk
Aug
Dec
Apr
1%
14
28
Feb
5%
11%
Oct
Dec
6% Dec
Penney (J C) Co
No par
Penn Coal & Coke Corp...—10
Pond
18'%
78'%
143.
3
27
8
preferred class B———100
5% preferred class A.:
i_100
5Vil» ist ser conv pr pfd
100
Pittsburgh <fc West Va—
—100
Pitts Young & Ash Ry 7% pfd-_100
Pittston Co (The)
—No par
Class B preferred..—...
100
Plymouth Oil Co.—-:—
—5
11%
page
4%
21
Oct
2
23
Jan
123% Oct
Pittsburgh Steel Co———..No par
88%
see
9
2
l7/a Jan
4%
100% Apr 23
30
%
For footnotes
Dec
16ft
100
77
27
Apr
1%
Feb
1,600
87%
26%
Aug
147%
10
4%
77
27%
Jan
163
9
19
Jan
19% Aug
8
5'A
171
88'A
26%
126
11% Apr
1
.
59%
600
77
27%
Dec
17'% Oct
Inc
Pittsburgh Forgings Co.—.,——1
Pitts Ft Way & Chic Ry Co..—100
7% preferred.————..—100
Pitts Screw & Bolt———_—No par
9 '%•
87%
26%
Feb
95
Nov
4
6
5'/a Jan
11
2
148% Nov
4
Apr
1 % Mar
9
24
Pictures
Patino Mines &
$5 conv
77%
27
Apr 25
124
..100
preferred
Pitts Coke & Iron
5'A
59
88 ft"
26%
Oct
Jan
,
.
May
Pittsburgh Coal of Pa———100
77 Va
*115
19
101
Dec
99
100
88%
119
3
n4
40 ft
26%
Pitts C C & St Louis
78
*115
13% Jan
Jan
Jan
'
8
110
87
119
12
11%
28%
v
19
Preferred
72
102
76 %
*115
27
NOV
Dec
Dec
preferred—100
Phillips Petroleum—.—.No par
Phoenix Hosiery——
—5
86 Va
110%
ft 22% Apr
34
Dec
Nov
Phillips Jones Corp.—.—No par
76%
110%
Nov
Apr
6%
38
80
83
86
110 %
V
101
'
*78
18%
100
76
110 %
,'ft
12
par
600
8%
■";';■ *8%
8%
.
85%
97%
110
19
Dec
25
11
8
Nov
24% NOV
Dec
67
6
Oct
21
28
4%
25
*18
-
15%
4%
16
5
15% Apr
5%
2
18%
Nov
5
27
14%
*18'A
Nov
21
66
*151
2ft
27
Sep
7%
25%
17%
27
Jan
7•;
12%
2
Tilford
Pfeiffer
25
7%
156
'
28
16
Apr
Apr
Jan
2,900
66
•
7%
Apr
9% Apr
1%
10
6 Vb Dec
6%
•
5%
171
*4%
59%
26% Jan
May
7%
8
8
9
6'%
••; ft *5 %
*150
5
67
6% Oct
25% Oct
Apr 28
;
59
*166
59 Va
27
4% Apr
7
'5%
4ft
*4%
*56
49'A
121
11%
156
112
■'
.
14%
4
*.150
7%
1%,
•
—
4ft
5ft
59%
*56
171
0% Mar 27
27% Jan
*150
*169
Deo
5
34'A
*834
*140
Oct
52%
Jun
*4%
*56
9%
*150
..j.
58%
19%
ft ft *24
'
*140
:
200
,
34%
34%
*4%
59
27
Jan
6
—No
Inc
'
5 V\
*4%
*56
8% Jan
Jun
Dec
25
20%
^
.
3%ft.
16
38% May
24
Mar 28
7
83
*18%
•
57% Dec
24
110
*65%
18%
48
25
150
51% Feb
*2%
72
*65%
18%
.."ft
3%
4
35%
5%
59
*8%
'.■.' ''
1
•
27% Dec
26
Jun
45%
30
28
Jun
Jan
28
conv
'
''
"
Jan
140
143% Sep 30
Mar 20
29% Jan
14 Va
45';:-
3%
17%
28
80
*78
46
Dec
26
'
*2%
9%
Apr
*8%
,
22
May 26
'
*78
Sep
17% Dec
Jun
24%
*106
-
6ft
4
79%
-
104%
Feb
18
14
103
Dec
2%
36
68%
109 % -:
54"
5
69%
*105%
9
29
880
38%
*105
Jan
4% Jun
79
20%
20
Jan
2
,.—100
23%
■
10
Jan
Paramount
Pere
July
23% July
28
prior preferred——100
% preferred...
——
100
24%
*106%
:
109%
.
>
Feb
Jan
5%
38'/a
80
Dec
510
6%
; 79
Feb
2
10
Feb
13%
12
400
28%
5%
Y:'V.. 14//ft 14%
6%
28
6% Jan
12,300
38%
79
18
30% Dec
5%
6%
Va
308 '(.'ft
-
ft
12".% Dec
2
2
39%
24
14
78%
14%
82
:■
2
29
28%
*68 Va
69
13%
*24
6%
200
47%
.
13%
5%
*5Va
/
18%
27% July
Deo
*38'%
5%
6%
100
Deo
7%
20% Apr
Cos
—No par
Penn G1 Sand Corp.———No par
5% preferred
.—...
100
Pennsylvania RR—————.50
Peoples Drug Stores Inc—
—5
Peoples G L & C C (Chic)
100
JPeoria & Eastern Ry Co——
100
16,300
Jan
preferred....——^.100
Paraffine
Penn-Dlxie
t1
2%
Dec
21
6
43 ft Apr
—1
Panhandle Prod & Ref
700
'■
ft
Oct
,40% Nov
Jan
5%
*5%
25
*5 ft
38%
69
V-Yv.-
24%
37
109%
*7%
; YY*24'Y
*24VV :■ 25
,
108
*105
.
"->■
13%
24
*1%
28%
39
*20%
5'A
•80
Panhandle
Penick
14
Jun
%
39'%
28 ft
Va
5ft
39%
37
'
28
5 ft
24%
81
*106
28 ft
*46
.ft
2
*1%
39%
*68
14
81
ft:,'Y
2
Va,
68%
68%
*13%
..5
Petrol & Transp——5
East'n Pipe Line Co.100
900
1%
*18%
47%
*46
47%
*1%
1,500
34%
237/a
■
18%
*18'A
3%
*106%
—
24
2,100
81
*13%
13
.'
23%
40 Vb
37'A
24% ft
24%
*36%
*46
1 .ft
700
1%
"
*12%
.
*106%
*18%
29 Va
28%
*5
6%
5 Va
13'A
1,800
34%
1%
18%
ft
*58
34'/a
39%
5%
*5
13'A
1%
24%
2
3%
3%
34%
23%
47
80%
3'A
1%
*106%
.
81%
ft.
23%
34%
1%
24%'
*1%
39%
3%
*34
>13'A
;
47
2
■
81
58
58%
80%
6V
24
23%
58%
23%
7%
34
Jan
42
—No par
Car
Parmelee Transportation
58%
Nov
1
6
xl6% Apr
American Airways Corp
Parker Rust Proof Co—
33%
2.4 'A
Motor
.
500
58%
*1%
100
100
Pacific Tin Consol'd Corp—...
1
Pacific Western Oil Corp.
—10
& Teleg—
preferred—
2,000
23%
;
113 %
Jan
132
Pacific Telep
1%
1%
1%
28
' Dec
11% Mar 12
par
16%
58%
1
—.No
16
1%
2
par
Mills—.
16
;
Sep
Aug
2% ADr
25
;
28'A
24%
45%
Electric
&
Parke Davis & Co
1%
Jan
98
8'A
107
23
10% Jan
59
..No par
...No par
10
Park Utah Consol Mines—
34%
*1%
Gas
&
34
14
Apr
(Cal)—
Ltg Corp..——No
Park
17%
18
2%
17%
Dec
July
3%' Dec
2
9
Oct
Feb
n-
10
Pacific
6%
'
3% Dec
7% Sep
5
A.
Co
2,000
*1%
*45%
300
111%
Deo
10'/a
Mar i,2
38
20
20
4.
50'/a
93
Oct
p
5,400
*32%
ft
5
Pacific
4%
28,200
14
Jan
X
Jan
'
27
par
1%
*57%
19
300
Apr
Co——.12.50
27%
24%
*18
Mfg..—
1%
10
*12%
&
Glass
preferred.
preferred
6%
110% Sep
17% Dec
1
No par
___.No
Coast
Pacific
2
par
preferred——100
Outboard Marine
1st
8% Nov
8
—6
Otis Elevator..........
2d
2
31% Apr
-
u
-lOO
.—.No par
,
Pacific
6
31
Apr
—No par
(The)——
27ft
1V2
..
No
Oliver Farm Equip—,
6 %
Jan
Jan
Jan
0
Ohio Oil Co——.—;
1%
16%
i
2.50
14
96
100
,
...50
—
Norwich Pharmacal Co
53
14
4% Jan
No par
1%
28%
.
—No par
—No par
Northwest Air Lines..
25
Apr 29
9% Dec 29
100
—,
Apr
85% Apr
Ry Co——50
Northern Pacific Ry
Va
39
.—1
;
1%
*1%
23%
4,100
*16
17 Va
*15%
*3%
2'/a
*357/a
111%
1%
13%
Co
•
6%
1%
:
Sep
Mar 10
1%
1%
35
32% Jan
-
6
preferred
28%
l'A
81
.
>
108
Pan-Amer
37%
2
>
112%
I6V2
23 Va
19
1
—5
-.100
143
Pan
310
16
29'A
*12%
;
%' Jan
100
Adjust 4%
Packard
100
1%
*106%
100
Shipbldg Corp part stk
18,700
7%
112%
117
Aug
Jan
30,400
107%
15%
*15%
3%
600
ft,
25%
*97'A
1%
81
5,800
9 ft
16%
16 ft
*3%
3%.
3
*7
37
*97'A
16%
1%
80%
40
15%
100
*15 ft
24 Va
10
107%
2 Va
1%
58
92
149
25
108
*35%
.
15%
58
400.
8,000
2%
7% '
.
2
2 Vb
16%
116
*7
*107%
37%
*97 ft
16%
71%
*1%
24%
20%
9ft
,
25%
27 ft
28%
'ft
34'%
3ft
ft
9 Va
2%
28%
28
.
3%
24%
107
2
116
•
,
36%
100
16%
29
28
3,400
149
ft
2%
*15%
.
149
*9
YV
290
*90
92
*148'A
9'A
2%
36%
17%
1%
*90
,
350
,
24%
*34 Va
20%
92
60
A
Pacific Finance Corp
20%
34%
19%
3%
106%
119
*16
,
1 Va
1 Va
*33%
148%
42%; Deo
•ft
Pacific Amer Fisheries Inc
220
13
24ft
19%
148%
Feb
10
1,000
15ft
*10
33%
*91
115
23
3,600
24'%
14%
15%
19%
91%
Jun
26
Jan
54
Oct
Jan
110
18
112
tt Oct
'
16%
*116
120
*116
24
ft
109
Feb
Sep
106% Dec
6
18
2% Sep
Outlet Co
8
*23
24%
„
33%
'A
148
.-1
100
16%
16%
24
23%
Feb
Apr
2
preferred————100
Owen*-UUnois
6'%
6%
13
25%
38
*97'A
100
16%
*10
2%
•;,
2%
2
38
*15
9
;
106 Va
*36
*23
15%
3%
'
7%
105%
*7
105'/a
6%
13
23%
20
'
8
6%
24%
15
*10
13
8
6%
24
15%
*10
13
110
May 20
80
50
8
% Jan
Conv
55%
*7%
8
*6
24%
15%
15%
*10
8
23%
24%
15%
24
*14%
23%
8
6%
6'A
*5%
15
4'A May
29
3
Y";
8
7%
7%
60 ft Dec
8%
30
3
50
;■
55
.
290
1,600
4%
15%
29%
*46
4 Va.
20,300
2,700
10,400
72
•
4
'*141
142
*27%
56%
55%
*69
■-■•
16%
142
50
.
ft ft;
3%4
16
142
12%
30% '
4% ft
.
71ft
29%
*27%
*45
4%
-
•
3%
16%
142
.
'
29%
71
3%
16%
142
4%
"ft
12
30%
12%
29%
72%
*3%
16%
142
148
69
3 Va"
16%
16%
16 Va
69
*3%
3%
*142
4 ft:'.
*68%
70
*3%
148
__50
12
6% Dec
15
-
Preferred —2.
9
'12
.
15% Jan
16% Dec
2
May 25
a3a Jan
34
*8%
*30
34
8%
.
V
7%
7%
*107'%
•
3%.
3%
30%
*67%
/
3%
16%
16 %
*142
3%
3%
36
12ft
.ft *4
.,
*91'A
8,100
16%
*15%
*107'/a
30%
•
•
4
12% Apr
23,ft Dec
■.•■'?;
:
12%
30'/a
69
10%
36%
107%
16
36
9
9
11%
10ft Jan
par
tNorfolk & Western Ry.
107%
108
16
36
34
*29 ;
9%
3%
3%
3%
34
*9
*36
Jan
25
100
200
49
7%
16%
15%
16'A
37%
24%
6
Jan
45
{NYNH & Hartford—..——100
300
10 ft
95
37'A
107%
*107%
107%
107%
*15%
.
37%
Dec
Feb
J
*36
15%
Aug
51
N Y Lack & West Ry Co.—
50
i
30,300
49
7%
107'A
157/a
47%
29
Noblitt-Sparks Indus Inc..
10%
10%
10
*91%
Feb
Dec
35
No par
100
ft
51%
*50
;
49
*48
7%
Aug
10%
preferred—
non-cum
Jan
18%
6
.No
610
23%
10%
50%
10ft
2,200
21%
*23
10%
51
10
200
169
9%
9%
A
113%
*49%
92%
*36
•ft
Dock.
preferred
:
NY & Harlem RR Co
2,600
113%
49%
10
1%
169
9%
9%
'
:
169
49%
9%
1,800
113%
168
*113
*48
49%
7%
%
15%
Dec
12% Oct
17'/a Feb
13
11
(
50%
10 ft'
5 %
Deo
5
24
preferred series A—
100
Omnibus Corp
—No par
York
10%
320
29
%'a
•
23%
*23
114
*112%
21%
21%
NYC
New
Dec
7
32% Feb
6% Jun
lift Jun
"
10%
10
10%
*91
Y
700
'
%
21
*
164
50%
*48
■:
*23
21%
23%
*112
162'/a
9%
%
■
21%
114
*49 %
29
6 %
100
*28%
28%
Va
*28%'
4,100
7
*88
28 ft
>
,
15%
%
%
ft
*23
23%
162%
*112
6
'
21%
*22
ft
100
*88
15%
ft
1
'
28%
%
ft
21%
%
63%
100
*88
100
28%
29
%
1% '
Va
65
*88
100
28%
,
*63
65
*88
100
*83
*27%
17
*16%
17
*63
65
*63%
,
■
9 per shart
26
par
par
23% May 21
11)41
Highest
I per shart
shart
100
Central
N Y Chic & St. Louis Co....
2,300
6 'A
38
*
;
I per
shart
No
1
York Air Brake
10%
28%
Year
Lowest
Highest
No
27
10%
*11%
*26%
t per
Par
Shares
I per shart
I per shart
shart
On
YORK STOCK
NEW
Sales for
Jan. 8
Thursday
Jan. 6
Range for Previous
Range tor 19+2
Basis of 100-Share Lots
STOCKS
FRICKS
Wednesday
Jan. 5
Jan. 4
Monday, January 11, 1943
122
21%
Dec
11%
Dec
75%
Dec
92
14% Jan
Dec
,
61 Va
120
Sep
-July
29%
Jan
110
Jan
123%
Jan
Mar 30
86% Jan
73% Mar 31
i99 Va Jan
79% Mar 30
111
Jan
106%
Deo
Mar 30
123
Jan
117
Dec
158%
Feb
111% Mar 19
116
Oct
114
Dec
117%
Oct
62
99
20% July
2
28% Nov
20
19%
Dec
,137
Jan
29'A July
Volume
THE COMMERCIAL St FINANCIAL CHRONICLE
Number 4141
157
t per
lift
S
share
ll%
106
106
11%
lift
11%
105ft
106ft
106ft
93ft
93ft
93
Sales
Jan.8
,
t per share
105ft
108
*105
share
lift
for
*
lift
11'A
11%
105 'A
107'/a
*105'A
106 Va
300
6%
93'A
93 ft
1,100
5%
92 ft
93
13%
13 %
13%
14 ft
*13%
14
14
14
14
14'A
14'A
14'A
1,200
*
9%
10ft
10 ft
10 ft
*10 ft
10%
10%
10%
10%
10%
*10 ft
10%
500
4ft
5ft
5ft
5w4
5%
5%
5%
5%
5ft
5%
5%
ft
Oil
Pure
13,200
Basis
of
(The)
No par
—:
preferred
preferred
S
Year
1941
Lowest
$ per share
t per share
7
Apr 28
lift Dec
28
May 13
106 ft Dec
29
94
7
Highest
$ per share
Mar
92% Dec
100
90 ft
100
.
conv
Lots
Highest
per share
7
Range for Previous
100-Sharc
Lowest
Par
ll'/4
92 ft
93
On
EXCHANGE
Shares
92ft
93
Range for 1912
YORK STOCK
NEW
the Week
t per share
93
11%
lift
Jan. 7
$ per
I per snare
Friday
Thursday
Jan. (»
Jan. 5
share
per
STOCKS
Wednesday
Tuesday
Jan, 4
Jan. 2
HIGH SALE PRICES
AND
LOW
Monday
Saturday
141
80 ft Jun
17
x
Feb
12
Dec
107 ft
Dec
83%
Feb
95ft
Aug
_No par
9% Mar 11
14% NOV
9
8ft
Dec
12 ft
Oct
10
8ft Mar 11
10% Oct 26
8ft
Apr
12% July
*
Purity Bakeries__
Quaker State Oil Ref Corp
R
*58%
59%
59
3ft
59%
59ft ; eo
60
*85
100
*85
ioo
*85*
::
3%
3ft
60%
60
100
*85
100
3ft
3%
3%
4
3ft
60 ft
*85
6
*85
Corp of Amer
—No par
$3.50 conv 1st preferred—No par
Radio
158,200
61ft
61ft
100
'
2,000
100
3%
3ft
3ft
3ft
7,200
*53 ft
55 ft
*53 ft
55 ft
*53 ft
55 ft
54'A
54'A
*53 ft
55%
21
21
21ft
21%
*21
21ft
*21
21ft
21%
21ft
21ft
21ft
12 ft
12
12 ft
11 %
lift
11%
11'A
11'A
4,300
*26
26 ft
26%
26%
54ft:
14ft
14%
*26 ft
27 ft
23
*22
*65
14%
*26 ft
23
ft
*22 ft
23
3ft
*2%
*20%
22r,
6%
6
14
14ft
14ft
*14
13 ft
13
13 ft
*08ft
69ft
69 ft
*42
42%
4ft
4ft
ft
■i
20 ft
110
Reis
100
Reliable Stores Corp—
130
700
Reo Motors v t c_
14 VA
14 ft
12,000
96
96 'A
74 ft
74 ft
300
5ft
6'A
2,800
4%
14%
14%
14%
96 ft
95
75
,
5%:.
v
*85 ft*62 ft'
64 ft
7ft
7ft
7%
7%
*78
5ft
25%
*85%
64fti
'
6
i
88
7ft
7%
80
7%
80
*5%
5ft
5%
26 ft
26%
26 ft
36
36
36
*35
7%
7%
*7ft
7%
7ft
*8%
9%
*8%
9%
*8%
9%
6
*5%
6'A
20%
20%
5ft
5%
5%
5ft
*20%
21ft
20%
20%
V
6 :s
20%
20%
*11 ft
12
12
*11%
12
11%
44
43
43
*44 ft
46
*44'A
28%
28%
11%
*45
100
■,
*
.
.
■
1.4"
ft
*
ft
l/0
*%
A
■
28ft.
28%
28 ft
28 ft
"A-
i\
%
•
28%
28%
■
28%
iV
in«
%
"
%-
/a
*3 ft
6
*3 ft
8ft
*6
36 ft
36 ft
106 ft
106'A
105%
39
39
39
900
Scott Paper Co
114
114
80
*106
110
10%
10 ft
10%
10ft
10%
20%
21
20%
20%
20%
20
*95
97
96 ft
96
96%
96%
*96
38 ft
38 ft
39
*38
39
*38
i
*113 ft
114
114
114
114
114
*113%
114%
*113%
115
*107
110
*106
110
*106
110
*106
110
*106
109%
ft
ft
*lft
2
A
%
16%
*1%
2
•\
:
:
%
16%
.
2
3,500
5,700
32
;
ft
16 ft
*1%
2
*1%
ft
16 ft
10%
20%
10ft
20
ft
*1%
2
61%
61%
61%
61ft
60%
61ft
60%
60%
60'A
60
11
11
11
11%
lift
11%
11'A
11%
lift
11%
9%
Oft
9ft
9%
9%
%
'■
%
'■
2
2
3
97
Jan
20
60
8% Jan
5
6%
75 ft
Jan
129
Apr
Apr
Sep
Sep
80%
15% July
95
July
85 ft Jan
19
5% Oct
23
Dec
10%
27 ft Jan
27
22 ft
Dec
34'A
9
54
Jan
27
49%
Dec
53 '/a
Jan
9
Jan
15
7ft
Feb
12 ft
Aug
6% Apr 30
9% Nov
7
6
Apr
9%
2%
Dec
A-
29
;'A- 3%
Jan
6
6% Nov
Feb
19
21ft Dec
4
23
16
26
May 20
13% Nov
9
47 ft Nov
20
23
Jan
Jan
Jan
27
8ft
21
Nov
Dec
14%
Aug
48%
Jan
Dec
34% Jan
27
A Jan
2
& NOV
ft Jan
3
lft Sep
9
22
2
Jan
7
7% Sep
23
lft July
6
May
5
Jan
2
22
4
July
8
35
May 26
29 ft
104
10
44
23
Jan
/
3
39% July
ft Feb
Dec
x
Va
Apr
47
Apr
Sep
Dec
113
Jun
x9% Dec
9
19ft Jan
3
12%
Jun
23
Sep
12% Apr
28
21% Dec
21
8ft
Apr
17%
Sep
98
Oct
23
79
Jun
94 '/a
Sep
16
39
Dec
28
31
Dec
39 ft
109 ft Aug 17
116
Jan
10
109ft
Jun
115'A Mar
106ft Jan
113ft Dec
11
107
Dec
112
78
May 15
25 ft Apr
9
ft Feb
10
ft
Jan
% Dec
18
lft Sep
26
V*
Dec
10 ft Apr
1 % Dec
23
17 Va Dec
17
lift
Dec
ft Jun
——5
Corp
Sears Roebuck & Co——No
Apr
106%
3
Jan
110
Apr 30
Jun
Sep
A
tA Dec
100
Seagrave
Jan
Nov
42
7
5%
14% May
34 ft May 13
—No par
preferred——
4-2 %
8,200
Jan
11
Dec
74
Feb
97
:
Dec
129% Mar
Seaboard Oil Co of Del—1—No par
400
.
101ft
Dec
6% Apr 28
——No par
tSeaboard Air Line,—No par
1,100
■
59 %! "6OV2
ft
preferred
$4 preferred
1,300
!
17
*16'/a
4'/a
9
—No par.
—
$4.50
1,300
31
f;*c
16%.
Dec
preferred—1
*38 ft
10 ft
Aug
77
s
300
10%
210
96
23
100
JSt Louis Southwestern——100
1,300
106'A
5
23
21
Apr
5%
35
105'A
Jan
31% Nov
par
97
35
105 ft
20ft
-.t
22%
7% Oct
3% Mar
Joseph Lead——1—j
.10
Louis-San Francisco—,—100
6%
1,500
Dec
Dec
86% Jan
20
1
preferred—.—No
conv
ft
15
75 Va Apr
X
(The)———No par
Co
100 ft Mar
8
14
3%
22
•
_No par
Mfg-..———No par
Antelope Copper Mines—
2
Jan
9ft July
Dec
Dec
A 78 ft duly 30
54
May 22
6ft May 20
10
Dental
A/A-.
JSt
Corp
19
2 ft
4'A Jun
70
———10
—
Mar
,
x94ft Jun
1
—.
Tob class B
*95
35 ft
-
10 ft
%
11
97
35
105ft
20%
16 ft
13% Sep
*95
36
105%
10%
ft
Apr
preferred
—100
Safeway Stores——_No par
5% preferred—100
Savage Arms Corp-———15
Schenley Distillers Corp—I——5
5Va'% preferred
—.——100
21ft
%
61
97
35%
106
16%
Dec
39
'36
%
34
5
St
8ft
*iV
14
$2.50
6
*6
16'A
Nov
5% Dec
30
3,600
%
6
16%
49
22
Common
100
8%
10 ft
16 ft
6
2% Jun
Rustless Iron & Steel Corp—
*3Va
*20ft
38 ft
Jan
38 ft Jan
X55
1:
—
700
*6%
ft
67ft
Ruberold
*3'/«
36
Dec
Roan
*6 ft
105%
53 ft
800
6
36
18
500
9
106
71ft Dec
Ritter
9
*35 ft
Nov
9
.—25
with warrants.
100
6
*105 ft
Jan
10%
Richfield Oil
■:
ft
-A-
12ft
Apr
Spring
;
%
Dec
Apr
(R J)
ft
Nov
7 ft
400
29
16
Apr
Nov
6 Va
Reynolds
:
Sep
53
9ft
Reynolds
11 %
22 ft Mar
7
Jan
2%
2
10
46
24
Dec
15
6'A
*45
Aug
Dec
1
31
21'A
11%
46
7ft Feb
July
27%
Dec
9
21'A
30
18 ft
Dec
19 ft
19
3% Nov
Aug
Dec
Dec
7 ft
*6
!
23% Sep
May 28
1% Jan 13
29%
10 ft
22 ft
16
3,300
■
28 ft
20 A
No par
—.
39%
VA 9
3
2
28% Nov
13
16,900
6ft
27
7ft
20 ft
11%
46
28%
6
20 ft
12
*43
6
80
6
26%
7ft
9%
•
Dec
26% Feb
15% Nov
■7ft May 18
Co
Republic Steel Corp
No par
6% conv preferred—
100
6% conv prior pfd ser A—.
100
Revere Copper & Brass———No par
7% preferred—..—
—100
5 'A % preferred—i
100
Reynolds Metals Co—V——No par
5 ft ft conv preferred
100
2,600
*35
7%
•lift
8
5%
26 ft
36
23
23% July
1
lift Apr 16
23% May 28
10% Mar 11
Preferred
30
80
5%
26%
*35
18 ft July
—10
Reliance Mfg
20
7ft
80
,*
5%
36
*8%
88
67
7'/a
26 ft
*7%
9%
*85
65 ft
5ft
*34 ft
21'A July
Dec
Remington-Rand —.——.——1
130
*63
s
64 ft
26 ft
5ft
26
36
75
5%
86
*79
95%
*74 ft
5%
7ft
80
*79 ■
80
95%
75
*62;%'
7%
14 ft
95 ft
ft
5%
86
64 ft
80
14'A
86
86
*62 ft
7%
4ft
75
5ft
Dec
8%
Rensselaer & Sara RR Co.—^100
4ft
4%
*95%
14ft
31
7
42%
42%
*74 ft'
17
Dec
54 'A Dec
Dec
*42
'
,
Dec
12
6
400
4% ;
ft
55 ft
22
8
31
73%
42 ft
5ft
38 ft Mar
2
7% Jun
Dec
*71%
42 ft
73
4
15 ft Jan
22
100
*4%
Oct
Jan
34% Jun
30
4.500
42 ft
Jan
Apr
6%
*42
3%
11
12%
4%
Dec
100
1st pfd
15 ft
42 ft
2
15
*6
73ft
17
Dec
*14
*71%,
Dec
70
6%
72%
96
& Co
Jan
88
15
14 ft
72%
5%
(Robt)
62ft
Dec
3% Dec
.
4ft
Dec
85
Jan
*6
72%
14
23
Dec
47 ft
23
39
*14
*70%
*42
Apr
2ft
19
Dec
100
—
6%
70
14%
Preferred
14 ft
12%
*85 ft
,
20
12 ft
63 ft
*8%
22 ft
12%
87
*7%
*20 ft
12%
*61 ft
*33
^20
ft
*85 ft
*5 ft
66'A
12
73 ft
25'ft
66'A
22 ft
*6
70
■
2
30
90
25
Hosiery—.
*66 ft
*14
14
Silk
Real
70
*21 ft
4ft
200
3'A
14 ft
4ft
1,800
ft
23 ft
*3
13 ft
5 ft
*78
23 ft
3ft
12%
*95%
74
*5 ft
23 Va
*3
4%
97 ft
*72 ft
*22 ft
Apr
Dec
5
59% Dec
6
6
88
Raybestos Manhattan
.No par
Rayonier Inc
—,
—1
$3 preferred———
«
—25
Reading Company—
—-50
i% 1st preferred———————.50
4% 2d preferred————50
700
15
27
3'A
*66'A
6
100
27 ft
14%
*26%
.
42 ft
14 ft
14
*95
*6
6%
13
27 ft
15
27 ft
23
20%
20%
27
14%
*26 ft
*3
70
*66
27
14%
27 ft;
23
3ft
*3
70
21ft
*13%
26 ft
26 ft
14%
27 ft
*65
*6
26%
14%
*26%
70
21ft
26%
14%
14%
3ft
*2 ft
12
27 ft
*26
*22 ft
lift
11%
46 ft Mar
—
1,900
12
*53 ft
2V2 Mar
,
preferred B
——.No par
Radio-Keith-Orpheum
.1
6% conv preferred
100
$5
43 ft
par
May
11
Sep
July
ft
Jan
% July
17
,
July
1%
Apr
6
62 ft Nov
30
49 ft
Dec
78%
Jan
2
lift Dec
30
4ft
Dec
10ft
Jan
14% July
71% Jan
3% Mar 24
31
3% July
'
9ft
*9
*53 ft
9ft
56 ft
9%
9%
54
9%
9ft
65 ft
*63
54
54
*64
31ft
18'/a
18%
18 ft
*2 ft
54
9ft
31ft
18 ft
54
54
9%
9
>'■
9'A
9ft
65 ft
*64
A
65 ft
64%
: 9,800
9 Va
700
55
6.
*6
*31 ft
.
6Va
6ft
18
18 ft
6
33
*31 ft
33
18
6 Va
9ft
9ft
64%
/■'.
18'A
*3 lft
33
%■/;'.
*31 ft ..;.33
17%
18
17%
2ft
*2%
2ft
2%
2%
2%
2%
2%
2%.
16 ft
*16 ft
16 ft
16%
16%
*16'A
16 ft
16 ft
16%
16 ft
*1%
lft
1%
1%
*1%
lft
1%
1%
1%
1%
*1%
21
V
29
21ft
v
ft '30
*21
i" 30%
30.
77 ;'
77
♦110
22
*21
*30
*
22 ft
30ft
78
79
*76
*110
113
113
*111
:
19%
19%
20 ft
20
15 ft
15 ft
15 ft
15%
*16 ft
16%
10 ft
10 ft
*2 ft
16%
20 ft
20 ft
■'
10
ft
10'A
2'A
2ft
2'A
2'A
%
:
2ft
*i6
V
21ft
21%
21
135
*130
21ft
21ft
*16
17
'
*130
135
;
21ft,
21ft
lift'
30
*19
10 ft
10%
2ft
21 Va
17//V;
20%
*16 ft
>
20%
21 ,-,///
*130
138
21%
21%
2ft
2ft
*16 ft
*130
; "■/
21%
11 ft
lift
11
10%
11 Va
11
16%
16
16 ft
16
16'A
15%
16 Va
16%
16%
17 ft
16 ft
17
16 Va
16 ft
16 ft
16 ft
36 ft
■:.i! 36%
35%
36%
35 ft
35%
"
11
16
'
'
'
36 ft
*38%
2%
2%
2%
*2'A
33 ft
*21 ft
23
,
23
24%
25
24'ft
24%
34
*32%
*56 ft
58 ft
*55 ft
3
3
3
36
36
*108
36
'
36
58 ft
110
*109
33
4ft
-
*100 ft
33%
*33
24%
*32%
33%
-
58 ft
,
:*56
3
3'/a
103
*100 ft
32%
36ft
36
35%
Va
33
103
35
*34
*
ft
100 ft
100%
3,000
2%
300
50
27
33
58 ft
/
300
9,600
.
.200
.
4,300
/■
35%
34%
49
;
*109
Va" ;
'
49 ft
*113
'
4ft
4ft
•
1,800
110
49
ft
200
-p —
5ft %
101
-
57,400
101ft
2
100%
540
2'A
18% Dec
28
4% Jan
14
30
3ft
Apr
17
51ft
Feb
28
preferred
Dec
2
Dec
5
Dec
21%
Jan
10
1
Nov
2 ft
Jan
Nov
9
22
Oct
30% Nov
30 ft Oct
23
18ft
Feb
35ft
20% Jan
5
Feb
4
10 ft Dec
95
6
15 ft Nov
11%
28
100
29
15
17
111ft
14 ft
9
112
Jan
114
Jan
Feb
15
2% Jun
3
16
13
17 ft Jun
27
26ft Jan
26
x13
Jun
122 ft Nov
120
Aug
25
14% Apr
20
144% Jan
27
29
9ft Apr 20
21ft Nov
10
12ft Jan
5
2
18 Ve Nov
4
12ft May 20
18% Feb
5
Oct
13
23% Jun
39
2
34% Jan
24
50 ft Mar 24
5
lft Apr
1% Nov
:
20
.
:
16 ft
Dec
2% July
:
23 ft
150
10
Dec
13 ft
Sep
Jan
14%
lift Feb
19 ft
Aug
Jul,
36'/2
Nov
19 ft
/,
Feb
23 ft Mar
6
2
July 30
60
59
24
Nov
6
17 ft
21% Dec
14
31% Jan
6
27 y8
Apr
Sperry Corp (The)—
Spicer Mfg Co
—No par
preferred A——No par
Spiegel Inc——.—„—
2
Conv $4.50 preferred
-No par
30
.
1
-100
Squibb (E R) & Sons—/—No par
$5 pref series A
No par
Square D Co
—;J
.'
5% conv preferred——
No par
37
' Mar
Jan
17
16
6
45'/a Jan
14
24
38% Jan
6
Feb
11
49ft Jan
64% Aug
3
4'/a Jan
6
16
2ft Sep
29% Sep
27% Jun
Dec
21
40 ft Apr
9
108
Mar 24
60
Sep 28
•
49'
114
109 ft Aug 10
113
Jan
5
Jan
110
Jan
8
111
Dec
47 ft
Dec
~3%
Dec
60
6ft
July
Dec
Jan
57%
Dec
31ft Feb
6
38 ft
;
Dec
34 ft
July
22
July
39% July
;
Jan
40 ft
Aug
117% Aug
48 ft Deo
8
2% Apr 29
3
Jan
6ft July
69
Dec
27 ft
...
Dec
—1
<
OU
2
Mar
30
28
Jan
37 ft
<
Dec
.
Dec
-
Dec
Mar
8
x
17 ft Apr
31
Aug
27%
May
3 ft Feb
19%
:
Dec
1
Aug 24
3
Nov
10% July
Feb
lft
Sep
18 ft
Dec
Spencer Kellogg & Sons,——No par
Brands
25% July
:
Jan
13% Feb
7ft
Oct
Feb
Dec
15% Jan
Mobile & Ohio stk tr ctfs—,100
Jan
18
July 10
Jun
Sep
Jan
16%
Jan
Dec
2
10
Deo
10ft
6
,No par
Nov
40
17
Sparks Withington——No par
Spear & Co
———-1$5.50 preferred
No par
Standard
6ft
32% Dec
30
Apr
5%
59
:
Dec
1% Dec
17
Jan
1% Mar
—i:No par
,100
Ry
4
Aug 27
113ft Dec
Apr
14
$3 conv
3
33%
5%
'
-••
V
;
33%
35 ft
'-mf.
4ft
103
•
35
21
ft Apr 24
28
Nov
7% NOV
13 ft May 18
6ft Mar 11
Gas Co—i,__7.50
Southern
i
2%
*32%
Southern Natural
Southern Pacific Co
*,4,300
;;
43 >■;,
9% Dec
66
Apr
California Edisoiu
14,400
/
4% Apr 29
54% Apr 29
4ft Mar 6
No par
—100
Sugar
preferred
21,900
::
35%
25 ft
vVV 3,'v
110
Southern
3,900
-
16%:
35%
*48%
lft
lift
16%
Dec
9
5
Greyhound Lines.
5,000
";f
..
,
Am Gold & Platinum——1
So Porto Rico
8%
'
(A O) Corp
3,900
138
22
48 ft
15 ft July 28
preferred—
S'eastern
;
;
34%
*109
49 ft
21
*56
■/■■■'
3'/a
South
;2,200
24
V
32%
'
17/,:,: :;.v;
24
58 ft
;
X
*113
4'A
V
3
36 ft
110
*48'A
~4%
1
34'A
*109
49 ft
*56
•
*33
25%
24%
58 Va
: 3 Va
*113
4ft
2%
*■"
25
24%
2%
-
.
33%
*23 ft
110
49 ft
%
; 2%
23
*113
4
*100 ft
103
33 ft
*109
50
4ft
4ft
%
VV 35 ft
*41 ft
23
33 ft
ft
16%
!?
Z
2%-
*2'/a
2%
:/;• 16
43
.2%
.
24%
%
36ft
,
■•'''•
*113
*113
.33%
*41 ft
10%
23
3
36 ft
36
33 ft
*56
v
3
110
*48 ft
50
*48 ft
ft
*35%
2%
24ft
•
*35 ft
2%
*22
33%
.
2%
■
45
2%;
.
33 ft
33
*21%
44 ft
33 ft
2ft
*32 ft
35%
2%
*41 ft
2%
*2'/4
35%
*41 Va
2%
*2 ft
36%
*41'/a ,,<■ 45
45
«2%
21%
700
24,200
2'A
6
108"
—No par
-10
t c
No par
Snider Packing Corp—No par
Socony Vacuum Oil Co Inc__
15
$6
;
10%
Jan
65
Sloss Sheffield Steel Si Iron—.—100
Smith & Cor Type v
10 ft
2%
,10
—
Smith
.10%
-■»
60
19% Apr 23
Skeliy Oil Co
1,600
16 Va
30
15
Petroleum—,—,.—
1,500
16 ft
16
■;>]
'■I/■-
Dec
27
——No par
15 ft
16%
11
■'
19 ft
Dec
2ft Jun
Coalition Mines——5
15 ft
*16 ft
15%
/
200
•
15ft
t.
V,
84
7ft
Slmonds Saw & Steel——;—No par
300
.
6
lift May 6
ft Apr 14
20% Aug 26
Simms
1,700
/
=
112
16'A
138
21%
22 ft
Silver King
Simmons Co
'
17
20%
1,800
-
10 ft Nov
10
:
14
30 ft May
A"
Apr
52
No par
(W A)
2,100
lft
*80
15%
10'/V
2%
17
8
Corp_„,—_^_No par
Pen Co——No par
Shell Union Oil——15
1,400
19 ft
15 ft
10%
21
21ft
11
19 ft"
15%
16'/a
*130
21ft
19%
15 Va
Sheaffer
2,800
29
,
19%
16ft
17%
50
*110
83
16 ft
17
28 %:
112
16'A
*16
135
*130
V
81%
111%
10 ft
2%
*15%
W
81
*
15%
*21
:/
111
16'/a
'
29 ft
22 ft
29 ft
,
79
20
,
*21
111
78 ft
19%
22 ft
29ft /. 30
113
15 ft
'
*21
2%
.
800
'/.
4% Jan
Sharpe & Dohme
-No par
$3.50 conv pref ser A——No par
Shattuck (Frank G)——_No par
100
6
Steel
$5 conv preferred——
7,500
68
•••/ ' 5%
ftl,—.—1——1
Inc
Sharon
80
9'A
*64%
,
6
16 ft
v
55
Servel
'
5%
J33
*31
*53 ft
*64 ft
65 ft
G
*5%
54
9
11%
9ft
9
lift
••
89 ft May
2
,i
Jun
108
~6%
Jan
113ft July
500
$4.50 preferred———No par
3,300
Standard Gas <fe El Co——No par
Sep
3
ft Oct
27
ft
Nov
7,800
% Apr
25
2ft Oct
14
'/a
Dec
4% Mar
Dec
21 Va Mar
Dec
'
'
&
%
*%
a
•lft
1%
lft
1%
lft
9ft
9
■
9%
*9V4
9ft,
%
%
•
n
ft
lft
lft
:
1%"
9 ft
*8%
10%
10 ft
10%
10 ft
10 ft
10%
29%
29 ft
29%
29
29%
28%
29
28ft
28 ft
28ft'
28%
29 ft
28%
■46ft
46 ft
46%
47
37 ft
37%
*37
37%
25 ft
25 ft
*25
26
63
25
46%
37ft
25
*36%
47 ft
.
46%
47%
Z
*37
37%
*25'A
.
26
:
u
lift
12
8,800
preferred—.
L—s—No par
$6 cum prior preferred^—„No par
$7 cum prior preferred——No par
.
28%
28%
28%
13,500
Standard Oil of Calif—No par
29
28 ft
28%
8,900
28
ft
46%
.
.
:. 9%
9
29 ft
28%
ft
10 ft
10%
29 ft
:
1%
28 ft
8%
*10%
S3
':
; ift
47 Va
37ft
9%
37%
*25
10 ft
46%
47 ft
*37 ft
'
37%
*25
25'A
1,700
18,700
-
25 ft
800
200
'
*61%
62%
63%
62%
7ft
7ft
7%
7ft
7%
7ft
7%
4ft
4%
4%
4ft
4ft
4%
4%
5%
6
5%
48 ft
5%
5%
48 ft
*127
128
5%
5%
127
127
3%
3ft
13 ft
xl3 ft
lft
1%
lft
*48'ft
127
4
ft
22 ft
13%
13%
lft
lft
For
16
26 ft
22%
footnotes
22 ft
see
15%
5
*26'A
*4 ft
22%
page
I
i
127
127
1%
2 6'A
4 ft
5%
48 ft
•<
13 ft
15ft
*
6
6'A
5%
49
143.
22%
.
61
61%
7ft
7%
7ft
4%
4ft
4%
6ft
5%
49
127
4'A
13 V8
*
61
13 ft
lft.
lft
6ft
-
4ft
*13
lft
23 ft
15
15
26%
22%
22%
5
22%
,
1,400
'1•
4ft
.*
1%
22%
230
8,400
1,400
4,200
15 ft
27 ft
'
•
13%
15 ft
1,200
.
200
5
23
L S
Stone
&
Sun Oil
■
L10
5,800
5
.1
No
(The)——
Co—1———_——No
|Amer (The),
Swift & Co—,
10 ft
31
20:
Apr
lift Jan
par
—1
par
12ft
—25
Jan
22% Mar
17ft Mar
25 ft
Nov
29
Dec
26
25 ft Mar
34 ft
July
ft Apr 24
28
47
Dec
24
33
Feb
46ft
Dec
40
22%
42
lft
28
,_No par
A
Sweets Co of
14
29 ft Dec
Dec
pfd (4ft % cum)
-100
Sunshine Mining Co
»_•,—,100
Superheater Co (The).
No par
Superior Oil Corp
1
Superior Steel Corp
100
Sutherland Paper Co
—10.
Class
13ft Jan
Mar'14
25 ft Apr
Webster
Studebaker Corp
Apr 28
5ft May 14
30
Stokely Bros & Co Inc.—
10,200
124 ft
*26 ft.
*4 ft
•
'
(The)
6
18
,25
Sterling Drug Inc
—
Stewart-Warner
Corp
A
9,100
•
5%
1%
'
Starrett, Co
14
8%
,,25
Standard Oil -of New Jersey,.
Standard Oil of Ohio———
5,600
6ft
25
Standard Oil of Indiana—
2,900
'
49
13 ft
1%
26%
22%
4
13 ft
15%
*4 ft
XI24 ft
41/8'
26%
5
5%
49
ft; •'.
*26'A
*4 ft
6%
5%
125
4%
1,909
7 ft
4ft
:
48 ft
125 ft
61% '
7%
■
6ft
5%
48 ft
*15 ft
16
26%
5
62%
4 ft
4ft
15%
5"
,62:
3ft
26ft
15%
*26
*4
6 ft
5%
49
12%
"
6ft
49
3%
.
,
63
$4
Nov
23
33
Dec
48 ft
Aug
34% Jan
29
16
29
Dec
40
Jan
51
Dec
66
5ft
Dec
31
2
8ft Nov
6
9
Apr 16
,
4% Jan
27
6% Nov
20
62
Apr'24
Jan
3ft Mar.
4
;
4ft
Dec
3ft May
Jun
8% Jan
6'A
Nov
8% July
4ft
Dec
3%
Dec
8%
Apr
66 '/a
Jan
6 ft Nov
7
55% Jan
9
Dec
21
117ft
Jun
126
July
3% May 28
5% Jan
14
3%
Dec
9
Jan
lift May 13
15ft Jan
9
12'A
Dec
21
Jan
1% Jan
14
lft
Dec
2% July
18
9Va
Dec
18'A July
26ft Dec 31
16 ft
Nov
23ft
3% Jan
43
.
Apr
116% Apr
1
Apr
2
28
13
28
9ft May 20
17% Feb
13
3ft May 27
20
Sep
16
128
16'A Dec
4% Aug
25
Jan
1
26
50
3
Dec
19% May
Dec
Jan
5ft Aug
25
Aug
f
per thai e
share
S per
S
share
I per share
share
per
the Wee it
Jan. 8
Jan. 1
I per
per shure
NEW
for
Sales
Friday
Thursday
Jan. (5
Jan. 5
Jan. 4
Jan. 2
f
Tuesday
.1,600
29%
291-4
29%
29%
29%
29%
29 Va *
29%
29
29 %
24
23 %
23%
23%
23%
23
%
23%
231%
23%
23 '4
23%
Ltd-—-A
:Sylvania Elec Prod's Inc—_No
8%
8%
87/a
4214
42%
42%
*3l/4
3%
3%
314
3%
3%
3%
3%
3%
37%
■37%
37%
8%
8%
8%
7%
8
%
7%
6%
18%
6%
*614
*
*35 Va
37
*35
2 ',
*2 la
2%
4
*4%
*31%
34%
33 %
3
3
9
*8%
3
8 Va
8%
*26%
27%
26%
261%
3314
3:
*814
1,000
19
10
9%
10%
96
94%
94%
94%
95%
95%
23%
2 8 Va
287 a
28
28%
28 Va
28%
41 %
4.1 %
41
41%
*41
41%
6V'a
6%
6%.
Va
6%
6%
i6V4
*
10%
16%
16%
16
16%
15%
16
1614
16% '
1 0
Ilia
11%
11%
11 %
11%
11%
12
12
12%
%
"2
A:
2'/a
,
2
.
2
70
2
70
69 ♦:
2
69
2
2
70
2%
.
*68%
70
*88 %
*69
■
*11
11 Va
*11
*11
11%
A
14
14 Va
13%
25%
26%
26%
*
68
14
6%
6%
% $6
30
'12,600
13%
25%
70%;
69%
7014
190
6%
6%
*6%
6%
300
42%
42%
42%
3,200
814
814
8%
5,600
Union Bag &
1,000
f
Coach
Co-..
52% Dec
2
6% Aug
5%
Dec
38
3%
40
Jan
30
Sep
5%. July
Dec
Aug
3% Sep
14
3
9% Dec
14
3%
Jun
6
Jan
2
27% Jan
7
24%
Nov
34
Jan
% Nov
20
14
Dec
1
1%
Jan
18
Jan
9% Mar
11%
Dec
9514 Aug
99%
7
Dec
2
15% Nov
23
; Jun
12
10% Feb
5
Dec
18
34 % Jan
5
27%
Feb
35%
Sep
43
'/4 Jan
6
37%
Dec
51%
Jan
6% Dec
21
4
Dec
5%
Jan
I8V4 Dec
23
8%
Dec
17%
Jan
97
May 20
28
Jan
2% Nov
.
%
7
Dec
2
Jan
:
Dec
75
Jan
Nov
10
60
.7% Aug
13
4
Feb
Jan
71
30
4
Dec
10% Aug
6% Mar
12% Mar 17
3
% Mar 14
8% Jun
7%
Sep
11% Aug
Feb
6
11% Jun
12
9%
7 Va Jan
2
16
Oct
31
5
26% Nov
2
Nov
6
-2
78% Nov
6
Feb
.27%
Sep
16
,7% Nov
9
4%
Dec
9%
Jan
23
27%
11
■>
19% Jan
,
2
6
2
1% Jan
21'/4 Jan
5 Va May
1
—
Sep
7% July
Feb
3%
27
Jan
38%
Dec
5% Mar
5
34% Feb
30 %
30
4% Jan
56% Jun
I. 7
Twin
7
15
7% May 15
Under Elliott Fisher Co„_ —No par
5%
Jun
' Jan
8% Jail
Twin City' Rapid Tran_—No par ■
' preferred—.i.
100 i
514
6914
•
6%
Sep
May
60%
4
preferred-—No par
$1.50
600
-
4%
Mar 28
Fox Film
Cen
Dec
>
Co_-„4—-r-4—— —10
Corp—_No par
Tniscon Steel
2
22
preferred
i —a_-No par
Corp—4—No par
••■'20th
Mar 10
31% May 21
—„2—y—.1
Corp
Sep
3
85
Truax-Traer
1,000
•
1114
*11
13%
514
69%
*614
9,400
■70
Jan
30
44%
8
5%
5
4%
*67
1
*25'4
25
6%
•
-13%
1214
2514
67
6%
70
10%
Jun
•.
conv
Tri-Contihental
Dec
32
'
f Transcont'l & West Air Inci
5
(Trausue & Williams St'l-4—No par
1,300
>.
2
2514
13%
25%
4%
4%;
6%
6%
12%
July
5
U
2% July 14
f
2,100
16%
>
1%
2
11 Va
14%
67
69
69
6%
*6 3 8
3,300
16%
6%
*11
11%
25%
.
*25%
4% ;■
4%
4%
4 Va
*67
*11
-1.400
6%
*1114
70
6%
6%
614
11 Va
,
14
14%
25 %
6%
6%
61'a
6%
6 %
fG3a
:"
41%
61a
6%1
14
20
par
Detroit
Timken
23
,9'A Jan
42
.
U Mar 27
preferred--:—No par
Axle——^.10
.•'Timken Roller Bearing--^—No par
Transamerica Corp—-i———2 /
t$4.50
280
24% Oct
.2
11
Sep
—10
Water Associated Oil,
Tide
2,500
41%
4114
6%
95%
28%
95 %
2814
•
i
4
8V4 Jan
$3.50 cum preferred——Nr
5,600
28
28
814 Dec
17% July
.
3,300
1014
2814
4114
6%
6.14.
18%
10
95%
28 Va
41%
41 Va
6%
18
Dec
4 Va May
SVa Dec
28
5 % Jun
-——25
1
Thompson'Prods Inc..——No par
V Thompson-Starrett Co——No par
T 3,800
10
I
-Thompson (J R)__
500
1%
18%
*95
95%
2 8 Va
*94%
26%
1%
2
17%
10
10
9%
9 "a
1%
•
Sep
46%
Dec
37% Oct
30
Transit Corp:~No par
100
10
3% Apr
preferred————10
26%
27 y4
27 %
27%
$3 div conv
9
*8*4
9
9%
Feb
2
May 26
'
41
.
(Third Avenue
,
Dec
34%
15
Apr 28
34% Nov
100
30
3 34
*814
-I
—•
6
16'
Dec
2>/8 May 20
3,000
34%
9
:
38% Aug
3% Jan
D«c
1%
30
3% Nov
B% Nov
3% May
9% Jan
Apr
5
—No par
Co_——i.—2——1
Thermoid
.
July
27
42% Dec
28
7% Jan
Co—
—
Pieferred
1,200
3%
171a
10
4%
'
The Fair
130
*33%
10 %
I6V2
"•".-,414
i'
I! ~7%
28
5
■VThatcher-Mfg Co
100
55
3%
16%
16
2%
■34%
1%
'
A
Sep
Dec
20
Oct
4%' Apr
100
No par
$3.60 cbnv preferred—!—No par "
Texas & Pacific Ry
•f
200
36
3%
:
2
1%
10,200
•%'< 400
*3314
3%
*26%
1%
16
16
♦15>4
'3314
27
27
4
Nov
4
Apr
28
6%
*52
4
35
7
30
Texas Gulf Sulphur-..'.
-J.No pur
t'Texas Pacific Coal & OH—-—-10
s Texas Pacific Land Trust-i-——1
2%
55
414
9
*8%
1%
1%
1%
Ha
4%
3
'
*52
52%
3314
4%
34%
*33
52
2%
20
7% May 14
,
2.600
7%
24%
•5% Nov 24-
IT
Apr
1% Mar
A 4,100
18%
3
Apr
-
32
8%
36
30%
*2%
2%
4%
4%.
3
3
53%
*3514
4
t
37%
7%
Dec
"5%
5
.-25
—
share
per
17
5'/4 Jan
2
*6%
6%
•*614
36%
.
*2%
2 Va
*52 %
52%
4%
4%
*2%
2%.
52 Va
55
"'52 Vis
*35
351
35
36
6%
.
25% Dec
3% Aug
'JTexas.Gulf Produc'g Copar
1814
7%;
18
17%
18
(The)_^
S
16%
1514 Aug 17
1
50
5
^^—5
Highest
share
per
23
•2,000
'
6%
Texas Co
7,-700
•
3%
8%
8%
7%
7V4
*17%
6%
43
37
3 7'A
8%
814
714
Va
7%
18
18%
6%
8
37
37%
*37'
8 Va
*6%'
8
13%
18%
8
600
8%
8%
42%
37%
73-4
*17%
3%
3 y4
3%
*3%
Va
4214
share
per
Previous
1941
Lowest
29'A Nov
par
—9
partic preferred
Telautograph Corp
Tennessee Corp_»_»^_,_„»
5 Vt %
360
S
share
for
Year
Lots
Highest
19%- Mar 11
—
Corp_——;
'Talcott Inc (James)—
6%
35
*34%
Swift International
lSymington-Gould
1.600
4%
*5%
Va
.*814
3 Va
:
6
35
9
8%
*36%
'
3%
*314
3%
42 %.
42%
37%
3 %
.
41%
*5%
*34%
G14
35
*3414
4%
4%
43
9
9
9
9
42
*3%
3%
*3 %
3%
*3%
*8%
41%
*5%
eya
35
35
35
35
35
4%
4la
*4 Va '
4%
*5%
6%
*5%
6%
*5%
35
4%
4'%
*4%
4%
4%
• 2.500
'
,
I per
Par
■
*23 Va
'; V '
Range
1942
100-Share
Lowest
Shares
29%
29 %
1
of
Basis
On
STOCK
YORK
EXCHANGE'
,
for
Range
STOCKS
PRICES
Wednesday
AND HIGH SALE
LOW
Monday
1943
RECORD
NEW YORK STOCK
ftatnrdsy
lit,
Monday, January
FINANCIAL CHRONICLE
COMMERCIAL &
THE
142
9%
May
24
16% May
%
16
Sep
Dec
1% July
Dec
U
43
8
43
8
8%
.
81%
81%
81%
11210
113%
*112%
105%
♦
106
82%
81%
82%
114
81
10714
16%
16
16%
16%
169 a
16%
1614
Xl5%
80 %
81
82
81%
8214
81%
82
30
80
80
SO
80
79%
80
*78
106%
106
24%
24%
26%
26%
27%
93%
93%
94
18%
19 '4
*24
109'/a
ii
%
32
67%
5%
5%
5%
16%
16%
3%
4%
3 %
3%
4%
*3
41a
4%
19%
41
a
7%
7%
7%
7%
2% A 2%
2%
5%
*26
.,
6514
5%
5%
5%
104'a
*103%
84%
84%
85
*34%
35%
34%
*84
*26%
65 %
5%
-6
$5
16%
1614
314
3%
600
4%
4%.
V
*84
414
4%
*84
86
V
*9%
9 la
*9
*173
*5
5%
■
*5%
40
*30
30%
30%
30
4%
4%
14%
30%
*514
..
.
30%
*107
109%
*107
109 %
109 ' 4
29%
29%
29%
*29%
30%
*29%
*32'%
34
*29
30%
32%
32-Va
u
,
25%
251 a
♦101%
'AA,
103'%
%
47
65 %
*64
*6414
22
22
•*42 %
33
261a
25%
101%
47%
65
10114
*101
47%
4814
112%
112%
113
22%
22 3 a
22%
22 %
22
47%
:
700
.A 3,600
26
'
:
113%
21%
21%
47%
*42%
4614
*42%
46%
*42%
46%
1%
1%
1%
*l5a
1%
1%
1%
%
%
58% ;
*55%
58%
15
*13%
13%
:
2
28
*
%
*56
%.
%
,
*55
58%
03
Va
"3,
*55Vi
58%
*55%
5814
*14
15%
*14%
15%
.
1.
•{&.
•«
-8
*5514
•
i,
58%
13
15
%
*14
60%
A
*5914
60 %
*60
60 Va
*60
60%
60%
*60
30
Dec
42
Jan
60
May
79
Dec
Improv't———No par
4%
Dec
93% Mar 27
106% Jan
17
100%
Dec
8%
Apr
14%
2%
Dec
4%
2%
Dec
.1
28
16% Oct
21
——10
~i.No par
—No par
pfd——-100
2% Sep
10
4% Feb
27
Secur
5% Dec
21
Feb
25
t r.
2% Apr
77 % Apr
-No par
4% Apr 27
6% Jan
14
Jan
22
May
20
Apr
preferred!-
*60
60%
800
Vadsco
V
'
"151
__
■
*151
170
170
169
*151
''
*151
170
/ 170
'
170
171
jJ170
*151
169
V
—
169
151
*164
169
V ,:
!
•
•
id
II
*31
33%
*31%
34
*31%
*15%
16
15%
16
15%
i7t
*
8%
9%
*25%
26%
*115%
117%
*8%
*25 %
n
3
9%
27
9
*26
*115% 117%
^
■'
•1!
*%
31%
31
31%
33
15%
15%
15%
15%
16
15%
*8%
9%
8%
26%
*115% ■117%
*26
26%
26
8%
26
310
33
31%
9
.
*11
u
34
1.900
15%
9
*8%
300
117%
43
42
43
*4114
42%
*41%
42%
*45
53
*45
53
*45
53
*45
53
*45
*53 Vs
57
*53%
57
*53%
24%
*53%
*2 Va
2%
40
*38%
57
*53
24 %
24%
*24
2%
2%
39%
39%
*117
*117
%
2%
39
57
.
24%
24%
24%
24
117%
41%
24
*115%
2%
2%
2%
2%
3%
39%
40%
40%
42%
41
117%
117%
*117
*117
■5%
-
700
17.500
3%
42%
%
7,400.
29%
.
22 %
*20
22%
*20
22
*20
22
*20
22
*26%
27%
*26%
27%
*26%
27%
*26%
27%
*26%
27%.
*29%
30
1,000
80
10
29 %
82%
*77
133
*130
*6%
7%
29%
29%
*77
*131
82%
*6%
29%
29%
7%
29%
80
*77
*131
133
7%
20
19%
19%
25
25%
20
*23:
24%
24 <2
24%
7%
*7%
7%
29%
80
133
*6%
*19%
*19%
29 %
*76
*131
133
7
*
19 1'8
20%
25
25%
*77
*129%
:
7
*19%
29%
80
131
80
*129'4
1
100
'
preferred
Va
El &■ Pow
Iron Coal
131)
7%
800
19%
19%
20%
1,000
25
25%
25%
1,500
7%
400
A
2% Dec
A 20%
Dec
7
25%
Dec
34%
26
18%
Apr
26
Mar 11
Vu
Dec
13%
31
AT
■
No
28
Dec
28%
58
Dec
103%
Sep
14
43%
Dec
65 %
Apr
28
71
Jan
19
69
Dec
76%
Jan
47
Dec
70%
Jan
3
19%
5
14
■1% Oct
29
%
Dec
Oct
15
4
Dec
60% Dec
.% May 25
10
42 %
Dec
1
% Apr .15
20
AA
43%
152% Dec
Apr 30
% Jan
24
2
11
140
May
157
Jan
Dec
29
133
Jan
162
Oct
Va Sep
23
169
,
•'
A
-
J Jan
20
25
34% Dec 21
3
20% Jan
;
7% Jun
Mar
112% Jan
May
24
9
12
1
11% Mar
26
Dec
2
31
Apr
31
15%
Dec
34 Va
8%
Dec
15
Mar
20% Aug
28
July
39'/a
55
Jan
19
60
Nov
18
66
25 Va Jan
19
20
Jan
2
2% Oct
7
22% Jan
8
4014 Oct 21
110% May
4
117% Dec 31
12
1
No
par
Jan
Dec
116
Aug
Jun
45
July
57
Mar
Aug
111%
30
Dec
Dec
Mar
116% July 15
42
% Aug
Jan
15
July 30
.100'
Sep
20
14% Jun
Jan
Sep
Oct
Apr
Jan
1%
Jan
21
61
147
1%
64
15% .Nov
142
Nor
Nov
12; V July 15
6
Jan
Jan
50%
16%
41
May.
x
62
12 A May
66
Aug
Mar
27% Sep
2'/a
Jan
%
Dec
18%
Dec
28% July
Dec
118% July
114
14
Jan
3
21% Nov
10
11
Dec
23%
24
Apr
29
31 % Jan
20
30%
Dec
42
Jar
13
29
Dec
33%
Feb
26
May 22
70
Jun
24
Mar
11
120
—
Vultee Aireraft Inc—-—
Mar
Sep
33%
Dec
Jan
42
130
Dec
46 Va Jan
24
15% Apr 29
39% Mar 27
34% May
105%
Sep
.100
Co
Sep
2% July
30
18% May 26
i-25
preferred^.————
Oct
Feb
Dec
55
.par
Sep
51% Jan
27%
13
1 1
.
A 31% Aug
103% Dec
6
55% Jan
30
105
17
119% Jan
19
4% Aug
10%
Feb
30
22
:
54%
10
50
-23
$1.25 preferred
;
—5
preferred—. .100
$6 pref——No par
& Coke 5% pfd—. TOO
Vulcan Detinning
27
Apr
32% Dec
27
Jun
Jun
5%
30% Aug
Mar 10
••!"•
Jan
Jan
9%
33% Aug
29% Dec
7
A
Apr
Jun
114
20
Feb
20
57
diV partic
A July
69%
183
Apr
4%
.100
—
Virginian Ry Co
6%
5
A
.100
Ry—;
—
Va-Caroli'na Chem—
6%
j
1—
Chemical- Works—'
Preferred
7%
7
Victor
Va
50
117
*20
27%
27%
117
22%
*20
Chemical Co
Vicks Shreve & Pac
53
3
39%
1st
-7^
41
-.5
Inc———..
.100
preferred————
Vick
117%
41
Van Norman
13
Dec
Dec
Oct
43
May 20
.100
of Am——No par
2.50
Mach Tool—
Van JRaalte Co
57
*45
57
24 7o
41
—1—-•
Corp
600
25
53
*53%
*24%
*115%
Vanadium
—
par
——.No
Sales—J—
Preferred
200
26
26
*11514
*41%
,
July
Feb
Apr
conv
19
i
107% Jun
1
5
Sep
July
33
;• 44%
—25
4
21
,58
—No par
Jan
Feb
7%
170
4% July 30
,14% Oct 23
% Aug 21
13% May.
100
Sep
34% Jan
26% May! 1
37% Apr
.-50
41
30
24% Apr 28
99
Jan
Nov
'
A. 2% Apr ,.28
2
V ■■nr' Jan
/
117
93%
37%
18
34'A Jan
V
9%
29
64
10%
Dec
83
11% Jan 26
Dec
'
■.
'
C
43% Oct 26
174% Dec
54
—No par
7
1
May
-50
—
87
40% May 13
159
_100
Corp
9
614 May 14
<:>
—5
Alcohol
17
:
Jan
17
preferred—-—50
conv
Feb
11% Apr
240
100
15
15
Sep
5% July
Apr
5
preferred
No par
Universah-Cyclops Steel Corp——1:
Universal Leaf Tob— -——No par
8 %
preferred——
—1Q0
Universal Pictures 1st pfd—^—100
'
*
Sep
Npv
3
-10
$6
3%
.
*
31
United Stores class A—
'■
16
3%
51
20%.May
5% Dec
United Stovkyards Corp—
'
■
A
35
900
;
Dec
10
6%
72% Jan
'
%
1%
6
,Jan
614 Sep
3% Mar 11
preferred
—
Ref & Min___
7%
30
Jun
1
200
V
2%
3% Nov
•
1%
'
Jan
16
50
33% Aug 21
'
*1%
1%
*1%
Jan
1
Tobacco Co—
U S
i%
30%
3
preferred
Steel
Dec
A;, 13% Dec
3 \k Jun
Paper boa rd—
1st
15
31
8% Dec
15
1% Apr
.4
Oct
Dec
i7«
18
■A-.
Feb
48'A Jun
Preferred 2—--tv-—— u
1.700
•
27
Rubber CO———
S
U S
14% July
113%
25% Jun
Preferred _—.i—.
300
2,700
-
May
—.No par
Fruit Co
Gas
20
July 28
4% Apr
—5
'
—No par
Co_——,^2__—-_-20
preferred^-^_2-4—1——100
8%
22,100
.
*1%
42%
;
'
4814
112%
Jan
a% Jan
Dye wood
U S Smelting
'1,500
■
64%
47 y2
22
U
400
■■•
43
Drug Inc—
1
May
.•
•11,700
101
*64
48
100
-•";•
*47%
113V4
1.200
.
Jan
Sep.
Partic & conv cl A
100
Jau
17%
Sep
Co.—--No par,
l.No Par
Prior
preferred————„ 100
U S Pipe & Foundry
20
U S Playing Card Co„
10
U S Plywood Corp——.
——1
fU S Realty & Impt
—No par
;•;%: VJ
33
.
2514
101
64%
64%.
6514
4834
11314
%
47 Va
4714
47%
*64
2614
25%
25%
101%
48
'
;
30% %
*29%
•
At
44%
1
21%
Leather
S
"9%
52
Industrial
S
17
,,
5
28
Dec
U
U
6
20% Dec
15
Hoffman Mach Corp
S
Jan
104% Jan
26
1,200
.
Dec
y36%
Feb
1,000
<
f
29%
*32%
JL
U
3,100
109%
29%
33
13
vv,'
'
*107
3014
.3*,
V
v
vv
28%
4
17
July
Dec
5% %
14%
*42'a
42%
44
*29%
3014
*32%
4
14
31
Dec
1st
7%
300
Dec
Dec
U S Gypsum
140
/
/
-
.
30%
30%
'4
.
29%
47%
22%
22
3014
*29 %
29%
112%
48%
113
112%
112
32%
64%
65%
48%
47%
47 %
112
3014'
10914
*107
x32 %
29%
102
43
1414
4%
109%
3/4
.
102
102%
46'
.
•2514
26%
47 ■',
*46
.
*107
30
32:%
%
•
26
102%
•
30%
14
4%
13%
110
29%
29%
4%
13%
40
;
•
5%.
*39
40
3014
30%
414
14
175%
A 24%
.
35
37
par
Freight Co
U S
400
24
14
A— j_No
Co
U S Distrib Corp conv
2,200
5%
5%
*39
914
62%
*173
175%
5%
40
9 Va
6214
9%.
63%
W
*173
5%
14%
4%
14%
4%
14
63
175%
*173
'
*4
*13%
*914
.
63%
*38%
40
*38
40
30
5%
*514
5%
*381-3 :
*33%
175%
*173
9%
*914
63
64
62 Va
63
17514 175'%
175%
9%
914
9%,
63
62
02
Feb
30
3'
Sep
58% Dec
Carbon
preferred—————No pur
$6
10
Jan
8%
U S & Foreign
100
35
Jan
17
8514
108%
U nited
4,000
V
86
85%
Dec
16
United Mer Si Manu Inc v
3,300
*314
Dec
73
17
United
314
16
57'/a
6
Oct
11
43,400
V
1
16%
4%
Dec
5
81% Feb
Oct
16
V 1,200
6
105
105
104%
314
86
11%
85% Nov
17
United
3,500
-
16%
4%
Sep
113
Corp:—
—10
"V- Preferred
—,•—U-—100
United' Electric Coal Cos—
5
United Eng & Fdy—
5
27%
6514
314
*84
Nov
112%
9% Mar 10
United
1,800
;
1614
■
85
-
115%
Dec
104% Mar 24
United
20
v;
f
'
:
85
Jan
,106%
16% Dec 31
Apr
7% Apr
.
preferred--—— —No par
£3
200
163a
3%
5
.
514
5%
65%
.
5%
27%
*5%
:
39Va
*38
3914
*38
1111%
6
par
Uirlted-Carr Fast Corp—— ..zNo par
United Corporation*—«- ..No par
4,400
214
.
89
—
——; —No
Co
Biscuit
United
"28,800
'■//
12
Jan
preferred--2:———, .i—100
5%
27,600
1914
conv
United
100
a 2
1814
66 %
10334
16%
3%.
5 %
*18%
6514
5%'
16%
17
18%
%
27%
*26
67
103% .103 Va.
103%
*103
57%
18%
38 %
5%
5 >4
65 yt
,
57%
ii
3
Sep
113% Nov
1
23% Jun
Un
800
58%
74% Jun
100
.
Corp—.., .——5
100
'-—5
80
17%
7%
*38-
27%
68 Va
5%
103
16%
514
*26
27%
* 7%
*2%
40
*38
5%
5%
5%
103
3814
.
3
•
V.Y
.
Jan
79%
2
10'
May
6314 Jan
_T00
preferred—.—
Air Lines Transport-^-!
5%
1,500
-
.
17%
ill
8%
1614
111
18%
19%
17%
7%
16
*10914
par
—25
California—^.
Aircraft
United
15,300
13%
1814
16%
111
57%:
*18%
*2%
18%
*16'4
*109%
17%
3
95
183a
18%
1614
111
12%
Feb
108
: 21 Va Aug
400
19%
67
67%
11,100
95
17%
*26
27
*23..
27;
95
*18%
8
5%,
*5%
'
2414
26%
Vi
38%"
39%
*37%
24 %
109 Va
Dec
60
Dec
83
Apr
Union Tank Car—.——— —No par
600
2414
.26%:
series- ^..No
preferred
4%
1,600
25%
60
7%
3
80
95
*53%
*2%-
71a
7%
80
241%
58
18
17%
177a
17%
79%
95
1614
*
Sep
7
24
28
108
May 6
100% Mar 24
pfd_ __No par
Mo $5
Pacific RR Co—.;
Union
: 3,400
2614
18
16%
58
19%
*18%
19%
*18%
19 Va
109 Va
58
58
58
*56
82%
79%
■:
37%
5
Dec
21
58
Carb— —No par
$4.50
Union Oil of
6,000
15%,
82 Va
Preferred
210
:
15%
8214
2411,
*94
16%
107%
16
82
25%
26%
18%
107%
Union El Co of
10
*23%
•
95
109%
16%
111
*109%
109%
,
24%
26%
*94
19 %
19 Va
*16
16%
*16
•
*23%
24%
25%
; *92%
*106%
106 "2
Dec
9% Jan
46
2
7% Sep
Paper——. —No par
Carbide &
Union
9,100
80%
114
*113
107%
*106%
15%
28% Jan
■
8%
114
80 %
106
.42
79%
80
*113
82%
80%
*113
113
113
114
814
814
8%
8%
43
43
44
43
44 %
8
43
6% May 22
16% May 22
29% Oct
96% Mar
138
Jan
Sep
5
89
Feb
105
Nov
9
135
Mar
143
Jun
10% Mar 25
25
Apr
1
30% Jan
26
W
*7%
20%
*100%
20%
103%
20%
*100%
20%
103%
For footnotes see page
143.
7%
*20%.
*98%
73„
7%
20%
103%
*20%
*98%
20%
103%
25
*7%
7%
7%
20%
20%
*20%
"98%
103%
*98%
21
103'
800
100
—No par
Walgreeh Co„
—No par
4%% preferred with warr
100
Wabash RR preferred
Waldorf. System
21% July
2
6% Mar 25
7% Nov 23
6%
Dec
Apr
23
20 Va Nov
18
15% Dec
97% Jun
19
102 % Oct
30
96%
18
Jun
9%
Apr
22%
Jan
105% Jan
Volume
Number 4141
157
THE COMMERCIAL & FINANCIAL CHRONICLE
-
143
NEW YORK STOCK RECORD
LOW AND HIGH SALE FRICES
$ per
share
$ per share
4%
4%
4%.
4%
4%
*39%
39%
39%
40%
40%
*15
15%
15%
15%
*15%
43/4
*4%
%
4%
4%
27%
27%
"
•
A
%
r«r
*27
27%
8
■
8
80'/a
*26
81
4%
15%
*12'/a
*17%
*16%
*2%
15%
12%
12%
*17%
r
'17%
*68%
8%
8 Va
.*26% " 27%
,
15%
15%
17%
*68%
8%
17%
8%
400
1,100
%
11
400
*%
27
27
7%
<
.
7%
*80
85
'
130
27 Vr
1
15%
15%
;
12%
,12%
17%
*26%
18%
'
17%
2%
.
2Vi
:
19%
19%
*08%- 70
Dec
share
6</e
Jan
36
Sep
Sep
16% Oct
8
X12%
Feb
15%
6
Nov
6
2%
Deo
6%
Sep
1
Jun
Nov
4
1/4
Dec
1%
Feb
17
29% Nov
7
13 Va
Apr
261/4
27
8 % Dec
80% Oct
18
2%
Feb
x65
4
May 14
24% Oct
5.
13 ViJun
6
39% Jan
53
6 Va
Sep
Dec
77
Jan
Deo
8
25
Feb
38
Sep
16
19
Feb
2
14
Deo
23%
Jan
Jan
3
14
Oct
23
10%
Dec
Wayne Pump Co
11% Jari
15
18
lOVa
Dec
1% Jan
6
Nov 28
July 22
17% July
20% Jan
1%
Dec
Wesson Oil &
800
1
3
41/4 Apr
„
15
;—*—1Webst.er Eisenlohr
No par
Snowdrift___-h._No par
$4 conv preferred_j--^,^
No par
100
■'
4,800
70
12
—5
Waukesha Motor Co-
;
Highest
$ per
25% May
41% Nov 12
22
% May
16
,-No par
Na.paf
Washington Gas Lt Co
200
19%
*68%
.No par
preferred———
Warren Fdy & Plpe^.
1,100
-
2%'
;
2% Jun
1941
1 per share
5% Nov 14
17
13% Mar 23
—
$3.85
$ per share
.
3% Apr 23
.No par
B
Year
Lowest
Highest
31 Vr Apr
50
preferred
Warner Bros Pictures—„——5
$7
47,000
-
:
27%'"' '
*2%
70
Class
800
'
2%
*68%
70
Walk <H) Good & W Ltd.
.No par
Div redeem preferred-....No par
Ward Baking Co cl A—
No par
15%
19%
"19
19
Walworth Co
1,300
5%
;
7%
15%
•
17%
*2%
2%
18%
69%
12%
No pat
5,000
Range for Previous
of 100-Share Lots
$ per share
5
*12%" 12%
*17%
18 >4
15%
*12%
.
17%
*2%
18%
'
Par
15%,
Basis
Lowest
39%
'
80%-
*26%'
15%
12%
*12
%
7%
On
Shares
share
*4%
27/
80 Va
Range for 1942
YORK STOCK
EXCHANGE
*15%.
-
5
84%
,
NEW
the Week
4%
"
15%
26%
'
39%.
5
*%
7%
f per
39%
5
'27%
*80%
3
17%
*68%
69%
*8%
*2%
"
8
.
•
■
83
17%
2%
*17%
*%
27%
*26% " 27%
15 V8
'
14
.
7%
28
12%
5V4
*80%
82
*26
.27%
*15%
15%
27'/a
il
*27
8%
8
80'/a
4%
39%
15%
'
'
%
4%
40%
*15%
4%
A. 3/>4%
Jan. 8
I. per share
4%
4%
40%;
Sales for
Friday
Jan. 7
40%
15%
a
Thursday
Jan. 6
S per share
share
STOCKS
Wednesday
Jan. 5
Jan. 4
Jan. 2
$ per
Tuesday
Monday
Saturday
(
3
4l/4
Jan
May 18
20% Jan
6
16% Mar
25 Va July
591/2 May 20
x7i%Nov
12
65 Va Mar
74%
7%>ug 28
10% Nov
88
"
Jan
"
*49%
52%
*65%
50 Ye
109%
109%
-
2%
5%
■* I
52
67%
67%
11%
19%
2%
8%
8%
54%'
55
55%
69
*70%
60
*61%
64
103%;
12
*109
12
19%
19%
*2%
2%
*2%
109% "
i2
104%
-
19%
2%
2%
191/4
2 V2
•
'
.5%
.
:
8
:*5%*1
.1%,
V' 5%
*1%.
1%
*5%
5%
*1
1%'
6%
5%
.'
1W-
■
'
5%
*1
.
27%
27%
27%
15%
16
15%
16%
",'27%
-27
27
27
15%
I
16
•
26%
27
16
•
5%
5%
,
1%
1%
26%
"
27%
16%
:
100
f. 1,500
: 300
19%
*2%
110
|
.
500
■
400
1%
/
f 2,800
27
81
.82
81
*117%
120
*118
31%
26%
26%
108
26%
*40
47
*40
87
*84
*120
32
*31
26%
%
107% 107%
*40
50;
88
*84%
*40
32
313,4
26
Telegraphs——100
Westinghouse Air Brake——No par
87
f 9,700
81%
81%
;
i
40
1st
*31
32
t
500
26%
>
200
107%
107%
*40
107
107
50
*84%
88 !
i;
*40
.;
50
*84%
:
88
2
Jan
Nov
Jan
9
112
Mar
107%
117 Va
Feb
6
15
Dec
104% Jan
2
104%
Apr
Dec 30
15%
Deo
29% July
1%
Dec
4% July
20
3% Jan
63 Ve
81/4 Jan
4%
Dec
A
Feb
13
18%
Feb
31%
5
15
Deo
241% July
9
July
lVo May
Nov
83
Dec
23
71
Oct
105
Jan
127
Jan
28
118
Dec
141
Mar
32% Dec
23
Mar 11
Wheeling Steel Corp...—.—No par
$5 conv prior pref—.No par
White Dental Mfg (the S S)—20
Oct
; 191/4 Feb
5
27%
34%
Jun
27% Apr
31% Jan
8,
108% Oct 24
Jan
36% July
Apr 18
60
65
July
9
171/4 Dec
'58% Dec
50
Apr
Aug
112
28
100 Va Jun
93
Jan
22
85
Dec
100
Jan
.27% Feb
6
105
'
42% Dec
80
Jan
20% July
107
Oct
Apr 28
22
28
Dec
Sep 23
2
30
Apr 24
Aug
27
•
13% May 27
Instrument——.12.50
Elec
18
Apr 28
$4.50 preferred
No par
Wheeling & ,L Erie Ry Co.——100
51/2% conv preferred—
i-.lOO
i5°
115
89
4Va May 20
■% May. 18
23 Vr Feb 18
Westvaco Chlor Prod—..-—No par
'
99% Dec
8
'
23
■'V
'
Jan
8
Jan
113% Jan
Apr 27
102
May 1
10% Sep ,21
> 97
Sep 16
12% May 9
109
preferred-
Weston
'
50
,—-50
•
*25%
26%
Union
Westinghoiise El & Mfg—,
6,700
123%
311/4
•x*25%.
.16%
*120%
81%
: 120
120
'
50
*84
123%
26%
108
107%
87
81%
82%
81%
:
120
*25%
.
50
*83
82
.
,
19
108
108 '
108
81%
120
32%
*31
31%
*25%
81%
120
16
106%
Jan
93
91
36
Western
'
15%
15%
.
Jan
104
Apr 25
41% Apr 27
6%
80
6
22
34
1<?o
West Penn, El ciass A„—No par
110
4,100
104%
*101'
19%
2%
preferred
-.^^>100
preferred——^
;»-..^wlOO
West Penn Pr Co 4Va % pfd100
West Va Pulp & Pap Co—^.»No par
6% preferred
—,
——100
Western Auto Supply Co
.—.10
Western Maryland
___,__100
4% 2d preferred-;
--—100
Western Pacific 6% preferred—lOO
12%
12Va
104 %•
19%
109
109
12%
*102
West Indies Sugar Corp
{:•
I
i
73
60
1,100
| 1190
<
56
69
60
*102
19%
■
2%"
8%
68
*109
12.
103
103
8%
'53
68
*58%
58%
*108% 109%
12%
8%
52%
52
*57%
103
19
2%
8%
8%
''
■
109%
12
*100%
19%
19
58
109%
12
,
*100Ve 103
V
67%
*57 %,
57%'
.
51%
67%;
;67%
57'
12.
8%.
July
Aug
'
18
18
18%
18%
*58%
58%
58%
58%
15%
15%
*14%
15%
15
13%
13%
13%
13%
4
'*3%'
,
f
*2%
.
4
2%
18%
18%
58%
*58%
%■
15%
*14%
13%
4
.13%
3%
*58%
'16.;;,;;
13%
16
120
>
200
14
*14 X
4
15%
"59%
/>:/•
•1,500
60
1
2,800
\
500
White
•
300
:White
•
>
13%
/
18% •181/4
,
591/2
>
*14%
13%
13%
14
•.
4 %'
*3% ; :
41/4
*3%
4%
2%
■:v.v*3%
4
1814
18V4
59
*2%
2%
2%
2%
'
2%
2%
18%
18%,
58%
2%
*2%,
'.
*2%
'
*35
49%
*19%
*35
49%
*35
20%
*19%
21
*20
2%:
2%
•,:2%
2%
2 Vs.
2%
2%-.
2%
8%
8%
*35
49%
2%
2%
2%
8%
8%
4%
4%
58%
59%
21
*2%
■
■
*35
49%
21
21
-
*2% >
;
2%
49% '
21%
2%
.1
49%
*20%
2%,;
2% r
2%
*35
21%
2%.
22
8%
8%
4%
4%
59%
!
2%
59%
v
2%
$4
8%
4
4%
%
*4% ■: 4%
:
8
2%
20,400
'
8 %.'
8%
8Va
>
4%
: 3,000
6,500
f
1,000
'
'
/V
4%
'4%
4%
.
*57%
57 %
58%
*106
*110
120
57 Va'
,
118
1
*110
*58 %
*110
118
,
60
'60
*58%
118
*112
;
116
*115
115
•
i
'
';txi10
12
3
^..—5
Willys-Overland Motors..————1
6# eonv preferred
:———*.10
Wilson & Co. Inc—.——.—.No par
$6 preferred...—.—No par
Wisconsin Ei Pow 6% pfd——100
21%
Apr
30% July
58%
Deo
76
15 % Dec
10%
Jan
10%
Deo
2%
Deo
2%
Deo
25
Jun
.
Mar
40
5
5% Nov
14
-
3% Jan 27
.
,
Jan
15%July
.
17%
Jan
8% July
5% Jan
Jan
12
41
Feb
54%
22% Jan
13
18%
Deo
26% July
2% Dec
2% Oct
3
1%
Deo
2% May
16
8% Dec
31
6% Jan
20
53
6
May
21
15% Jan
6
1% Apr 29
Jun
'
preferred——.—.—20
Wilcox 'Oil & Gas Co__
600
'
8%
Sewing Mach- Corp..———I
conv preferred—,-;——No par
4
69% Jan 29
12% July 21
Motor Co..
—1
Rock Min Spr Co....No par
Prior
300
2%
2%
•
White
9
31
X
15% Apr 23
1% Apr 15
1% Aug 12
,
:
4% Apr 29
3% Sep 14
51
110 Va Oct
1
16% Dec
Apr
2%
Jan
Apr
6 v.
Dec
4 Va
Dec
7
60%
Dec
77
Sep
109% Oct
115
Nov
73% Jan 13
Sep 23
107% Jun
IVa
3Vr
.
29
5
Sep
'
18
18
*17%
30%
31
30%
31%
17%
17%
17%
17%
*119
131
*115%
*105%
*80
85
*57
■
125
46
*45
58%
*7%
:
22%
*22%
12%
12%
:
8%
7%
82%
*9.'/4 ;
19%
i9y8
2
23
12%
*45
•
-•
47
88
61
22%
X
45%
*84
471/2
>x88
59%
13
19%
sales
7%
61%
62 Va
-1,900
22%
22%
13
9%
84
/;;> 9%
131/8
: v 900
6,800
84
9%
;
9%
Yellow Truck & Coach cl B
1,200
'
30%
6,100
'/i/x 90
9%
9%
Mfg. Co
25
—1
Preferred-100
Young Spring & Wire.—
..No par
Youngstown S & T—
..No par
t5%% preferred series A
100
Youngstown Steel Door
No par
Yale & Towne
/.
'
84
*83
-
'V
8 V
8
30%
30%
,
:
1,600
'
2 v'v;'' ;
this day.
*118% 120
8
30%
*83
,
9%
19%
21/a
8
30%
:
>
*118V4l20
8
83%
20
on
120
30
;
*2
no
*
83
91/4.
2
•Bid and asked prices;
8
12%
*118%
30%
82'/4
20
2
reduced from 100 to
•
•
*441/4
.10
CO——-10
Worthington P Si M (Del>—J7o par
7% preferred A—x
—100
6% preferred B—.—.——.100
Prior pfd 41/2 % series-—100
Prior pfd 4l%% Conv series—100
Wright Aeronautical—
No par
Wrigley (Wm) Jr (Del) —.No par
Woolworth (P W)
10,300
? 1,300
17%
125
125
*97
•
45%
*84
X
23
12%
120
'30%
9%
23
12%
8
? ■
■.
31%
82
2
-'88j 59
,17%
Woodward Iron Co.
400
l
18%
X
*1051/4
.
.125
; *45
47%
%*81
V.l 59
.
58%
23
*118'/4
30%
9V«
.
*97
*44
*45%
'
17
125 '
46
*17
.
30% * 31%
17
125
,
19%
20
2 W 2Va
20,/X,,
2Va
t In receivership,
a
'
20
2,800
Deferred delivery,
2%
Zonite Products Corp.
Jan
7
19%
Deo
33%
Dec
31
23'/«
Dec
34%
16
Dec
25%,July
98
Mar
147
Aug
85
Jan
130
July
,21% Jan 28
125
Nov.13
July 28
3
Nov
13
117
Mar
42%
Jun
17
•54
Jan
44
Jun
9
80
Jun
23
104
Jan
15
39
Apr; 24
62
Jan
5
106
Stocks,
-
Number of
-
Railroad
and Miscel,
~
Shares
Week Ended Jan. 8,1943
Bonds
*
259,940
620,350
n
New Stock,®
47% Dec
,
$3,055,800
8,540,200
Cash sale,
r
s
Special sales,
x Ex-dividends,
23 V2
14%
121!a
7%
37%
87
Oct 13
9
Dec 10
Nov 9
Jan 13
Oct 20
12% Jan 5
Jan
2
Apr 28
Jan
3
Apr 23
28% Jun 3
78
Jan 12
15%
10%
111%
5
7
May 14
8% Feb
20
19
y
15
10%
109%
5%
29
76
Nov
Bonds
:.;x
9,909,500
427,000
396,000
9,258,500
x—$3,192,800
Dec
804,000
10,310.500
473,000
7,000
2,000
listed
$76,000
$64,376,400
$61,789,400
3,620,256
—
$2,511,000
1942
3,856,180
.
$76,000
_
2.650,000
50,737,000
$64,376,400
547,000
10,000
678,000
126,000
557,000
804,000
51,000
513,000
645,000
80,000
725,000
905,000
99,000
1,004,000
598,335
$3,617,000
$381,000
30
trials
20
Rail¬
roads
Total
Utili¬
65
10
19,709,000
ties
Stocks
2—
119.93-
?7,59
14.69
"39,84
106.52
January
4—120;25.
28,22
14.80
40.14
28.03
14.74
5__
119.70
trials
Rails
.
10
ties
53.51
108.48
92.65
53.70
39.94
106.59
92.78
January
.6———
119.66
28.14
14.81
39.98
119.37
28.Q4
15.10
39.95
Bid
Total
40
Bonds
$%s
2s——
90.66
109.89
90.68
54.01
109.86
90.81
53.76
109.83
'90.79
93.31
106.65
1,1943
-Mar 1,1943
Apr
1,1943
Feb
$%s
54.12
109.95
91.01
3s
93.54
54.34
109.95
91.11
3s Jan.
4s
4s
b0.7O
0.55V*
b0.70
0.55%
'
100.7
100.16
28.08
15.48
40.02
106.60
3s
1,
100.9
100.4
100.6
100.21
100.24
—
Reconstruction Finance Corp—
J1Vr%
|lfe
July 15,1943
Apr 15,1944
—
—
Housing Authority—
notes —,—Feb
1,1944
1% %
104%
1041S
Other Issues
1051%
^
—
10511
105%
105%
U S Conversion 3s—
106 a9at
106 J?
U S Conversion 3s
108%
109V4
107
10714
Panama Canal
127
128%
"
119.20
100.22
100.7
l%s Jan, 3,
10411
1955-1945—,
1955-1945J
100.18
2s
10411
1964-1944J
3%S
1944—
3, 1943 at 100%—
100.4
100.2
•'
1946-1944—.
May 16,1943
100.18
100
U 8
Federal Land Bank Bonds—
Ask
100.14
100.2
Banks—
Federal; Home Loan
Bid
Ask
Call July
109.92
.
3,222,000
765,000
$3,336,000 $176,704,500 $249,725,000
Federal Natl Mtge Assn—
Commodity Credit Corp—
%%
May 1,1943
tl%%
———Feb 15,1945
92.94
106.63
7—;—
\
$3,999,000
-
Quotations for Friday Jan. 8
.
Utili¬
Rails
92.69
January
8.——
Second
Grade
1—L
Obligations Of Governmental Agencies
"
10
40,000
1,000
Foreign corporate.
'Total——
$3,184,000 $171,053,500 $239,602,000
112,000
4,886,000
6,901,000
3,617,000
381,000
Domestic
Foreign' government——.
,
163.095,000
6,533,850
First
January
January
123,881,200
Grade'
34,656,354
Bonds
Averages
Indus-"
22,315,690
170,603,671
-Bonds—
IS
-
527,400
598,335
•
1941
1942
,
—
$3,999,000
$1,000
—Calendar Year—
1942
1943
the daily closing averages of representative stocks and bonds
Indus*
Total
$396,000
$1,000
$15,000
462,000
Stocks—No. of shares
10
Foreign
Corporate
Foreign
91,045
H2,375
Total-
$53,731,000 $2,311,479,250 $2,111,805,000
-Stocks-
January
1941
125,685,298
$344,000 $2,181,064,200 $1,929,001,000
2,511,000
_
'
;
t Unit of trading
Bonds (Par Value)
Government
Domestic
—Calendar Year—~—>
1942
the New York Stock Exchange as compiled
by Dow, Jones & Co.;,
Date—
Oct
140,875
—
.
———...—
on
3%
WednesdayThursday
15,150,400
3,620,256
—.
are
Apr
Friday
16,631,000
274,000
industrial——61,789,400
Below
15% Apr
Dec
1%
108,715
Tuesday—,
10,069,500
J 6,151,000
Stock and Bond
;
8
17
18% Jan
;
103,665
Monday.—
5,000
7,000
f
14,874,400
Government-—
Total
22 Va Jan
17% Jan
120
Jan
12% Jan
42 y« Jan
95
Aug
$380,000
41,660
Saturday
9,022,200
$55,000
Bonds
.
Jan
Deo
Dec
Deo
Deo
Deo
Dec
Ex-rights, il Called for redemption,
of
Shares)
Sales'
710,770
—.
Stocks—No. of shares—
.
July
80
9% Dec
,
2% Jan 26
IVa May 21
(Numbqr.fn
Week Ended.Jan. 8,1943
801,150
——
—
Bond
Bonds
Week Ended Jan. 8
&
122
Apr
50% Dec
Stocks
Total
Government
$137,000
1943
8.
75% Aug
Deo
86
Week Ended Jan. 8
Foreign.-...
73% Aug
50%
26
57V4 Jan 26
Daily, Weekly and Yearly
Foreign
554,440
—.
Total——.—
U.
Jan
Transactions at the New York Curb Exchange
United States
•
673,606
—
—
Railroad
Jan
10 shares.
Daily, Weekly and Yearly
———
117
.No par
1
Zenith Radio Corp—
11,600
20
2%
Transactions at the New York Stock Exchange
Saturday.—
Monday——..—;
Tuesday
Wednesday——
Thursday^
Friday
24
31
21% May' 6
14% Jun 22
'
82
19%
88
58%
30%
9 Vr
..
*81
17%
*105%
17%
125
*44
47%
58%
*118V4 120
8
30%
'
17%
30% •. 31
*97
-
46
12%
120%
17V4
*105%
125
.
22%
•
12%
*81
*97
58%,
23%
*118V4
•
85 "x:
»gi
12%
17%
*44V»
47 Va
18 X
31
30%
*105% 125
130
*97
47Va
■•SV: .18
17%
31%
*17%
*45
45%
;
17%
30%
'
*44
125
*44
*45
*22%
19
1956-1946
May 1, 1956-1946——.—
A
1946
—1947
3s—_——1961
107
107%
r
k
>f,Y
■ii.»'
Monday, January-11, -1943
THE- COMMERCIAL & FINANCIAL CHRONICLE
144
Bond Record
New York Stock Exchange
«»
FRIDAY
the
week,
WEEKLY
■
YEARLY
-
defaulted bonds. Cash and deferred delivery sales are-disregarded in the week's range,
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
letters in the column headed "Interest Period" indicate in each case th$:month when the bonds mature.
'
,
^
.
;
*
NOTICE—Prices
and
The italic
"and
are
interest"—except for income and
s
.
*
'•
BONDS
■
1
.
/
.
A
Interest
Sale Price
Period
Week Ended Jan. 8
V.I.
Friday,; Week's Range
t Last
or Friday's
|
Exchange
Stock
New York
1/
Range for
Bonds'*
Sold
Bid & Asked
No,
; •
Low.. High
t,
1947-1953
Treasury 4'As
3%S—
Treasury 3%s_.
Tre? ! «ry 3'As—:
Trea nry 3'/4S
Treasury
3'/bs
Treasury 3'/aS
Treasury
Treasury
3s__—:
Treasury
3s—
—
Treasury
2%s
2%s
2%s
2%s
2%s—
2%s—
2'As
2'As—
Treasury
-3'As
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2s_
Federal
3 'As
;
-
3s
;
l'As
series
107.11
107.30
*108.3
108.10
M-S
4106.3
106.5
105,24 106.23
'
M-S
*103.29 103:31
M-S
,'103.6;:
*103.16 103.18
V
J-D
Z
J-D
A J-D
M
.
J-D
*103.26 103.28
103.27
100.9
101.5
*100.22 100.24
100.11
*100.19 100.21
100.4
100.6
M-S
*100.17 100.19
100.2
100.5
100
1C0.22
*100.14 100.16
J-D
102.22
104.20
103.4
103,4
*101.9;.101.11
J-D
V l6o;9
J-D
'
101.10
...»
20%
1
17%
:
14
:■.* "12%
19%
99% 101
102% 102%
100
•.I
20
,
V
A-0
30%
30%
1
20
d47%
51%
4
29
——1942
A-O
45
.
43
15
;v
46
43
70'%
69%
M-S
•
,*69%
II
J-J
*19%
M-S
7S—
71%
73%
61%
73%
65
73%
*19%•'
extl 6s——-1945
French Republic 7s stamped
1949
7s unstamped—
1949
Finland
(Republic of)
dep.
71
:
63
72
A-O
—i.—
ctfs of
8s
73%
59
*69%
A-O
Salvador
50
63
3
71
J-J
.1969
—-1969
-1948
-1967
5'As. 1st series—;
58
.55
61
•
35
•26
26'A
10
*69%
5'As
:
22%
5
42%
'
F-A
1962
—
fund
83
.102'/a 115 r;
1952
——1955
70
v.,
18%
8
-
.
.era
:l.
95
18%
*85
J-D
—
95
66
95
95
65
85
82
(Republic)
.
103%
r
68%
.100% 107
*108% 109
M-S
.
46%
ii
;
A-0
sink
49%
...
102% 102%
72%
73%
>106
J-J
*
30%
18%
.
,
A-1951
ser
series B
5'As
31
25%
:
12
*102%
—
73
A-C
A El
101.10
••,
..
>30%
V.'fc '5'As 2d series—
100.12
•i-
T
Customs Admin 5'As 2d series—1961
104.23
r
39%
1942
series
AEstonia
IT-103
25%
40%
-1940
"{■X
*102.31,103.1
M-N
,25% .30%
32
30'"%
—1940
§A2d
104.25
*103.1
M-N
•
A-0
§Alst series 5'As of 1926
103.24
103.23
*103.13 103.15
*103
,
£.
■
19%
102%
52
/• 37% 52
j
29'/a .39 'A
v
J-D
SADominican Rep Cust Ad 5'As
,
103.2
J-D
Jh-S
'-v.
8s
External gold 4'As„
100.20
J-D
*
:
l&'/a
39%
,
; 54
.
39-'
:
*;
1
40
17%
>12
' ?.
4
;,
'
17%
_____1945
(Rep of) 8s
gold
;
*101
-
J-J
External
M-S
.38%
20%
F-A
§ A Denmark 20-year extl 6s
104.24
*100.25 100.27
18
11%
.
52
40
'. 1.
40'
.F-A
.——-^-1953
19
-•13
**6
30%
J-D
ASinking fund
J-J
.1948
Treasury l3As June
102
.
18
.<14%
.46
53
52
t
M-N
—i.t.—j_1949
Sluicing fund 5'As
A Public. wks 5 'As
:
52
M-S
5s of 1904—1944
17%
18%
12%
1;
■:
17%
*14
53
;
M-N
1951
.——^—1977
A Czechoslovakia
^
64
>■
18%
.*.30%
4'As
loan
19
17%
18%
M-N
—U„TT1953
18%
13
.
.14
F-A
7s
19
18
12%
18%
: j-d
external, debt
4,'As
152
,*30%
1946
1947
19'A
12%
;
6i
18%
A-O
-^1952
—«
(Rep of)
-u
19%
18%
J-J
-1947
of 1926-,-
5s
—
•
A-O
(City)
19'A'
-17%
A-0
(Republic of)
External
i,#
J-D
;
1
..—Jan 1961
f $ bonds—w1970
s
Rica
,,
External 5s of 1914 series Ai-_.<.4949
104.27
*101.14 101.16
M-S
ACosta
Cuba
105.21
101
104.6
*104.4
J-D
/.
1927
;_,1951
—Oct
20%
'
M-S
A^inkipg fund 7s of 1927-
101.21
103.27
103.26
*104.31 105.1
I960
1981
ASinking fund
103.14 105.16
100.24
*101.20 101.22
J-J
t J-D
of
Copenhagen
101.17
loo;.*
rv,
High
13
31
.-h
M-S
AColombla Mtge Bank 6'As-
.100.4, .100.16
26
100.19
100.17
.*.100.29 100.31
Vs 104.30 105
,#
13
18
*17%"'18
M-N
___1960
2^year gold 4%s
100.22
100.2
;.r
Low
13%
'17%
19„
if-1-
M-N
1928—w—
A6s
104.6
10218 103.14
100.13 100.13'
M-S
107.2
106
106.13 106.15
M-S
of
3s-external
106.17 107.7
■•7106.14 106.16
J-D
1962
——1
assented
A6s
105.25
104.21
1942
.
*17 V*
A-O
——1962
assented—!
20%
.
„
..
A-O
1961
A Chinese (Hukuang Ry) 5s—
Colombia (Republic of)—
108.16 110.18
109.8.
'*14)4.13 104.15
J-D
A 7s
109.31
'
High
•17%
J-D
AChilean Cons Munlc 7s
109.25
108.16
*108.17 108.19
;^109.6
108.31
.107.2
108.5
>108.19 108.21
J-D
i
-.
107.10
*107.8
—1961
6s assented-.
A 6s
106.9
M-S
1944-1952
.—1945-1947
3s series A——
.
\*104.24 104.26
104.25
,J-D
,
A
19
20%,
; J-D
sink fund 6s——1961
A Guaranteed
110.17
Loan Corp—
Owners'
Home
107.29
No-
13%
'
110.28
*109.10 109.12
J-D
1944-1964
—-1944^1949
*
110.7
108
Low
■
J-D
——1961
; A Guaranteed sink fund 6s__
106.17
*110.5
M-S
1953-1955
Mortgage Corp— ■•>,',
Farm
110.29
109.5.
'
-
J-D
A6%s assented—
:
108.14
109.14
4*106.20 106.22
M-S
-—.1950-1952
—.1951-1955
2s—
2s
Treasury
106.30
■
M-S
.
Treasury
;To
\
M-N
,
.
1957
ASinking fund 6%s
105.20
M-S
r—L1962-1967
—.-1963.-1968
-2'As————.i,—1967-1972
2'As—
1951-1953
2'As_—:—
.1952-1955
2'As—
——1954-1956
2s
—1947
2s
Mar 15 1948-1950
2s—
Dec 15 1948-1950
2s—
-Jun 15 1949-1951
2s_
Sept 15 1949-1951
2s_:
Dec. 15, 1949-1951
fttlO.12 110.14
J-D
,—1950-1952
1952-1954
1956-1958
2'As—_7c_.
2'As——
2'As
».-«
Treasury ,2'As
Treasury 2'As
Treasury
Treasury
Treasury
J-D
:
Range for
'
Sold
M-N
——_1963
A6'As assented
;■
•
103.10
103.7
106.30 106.30
assented-
A 6s
104.20
..102.6
30
101.31 101.31
J-D
——1945
——.—.——1948
——1949-1953
Treasury
104
Bonds
'
A Chile Mortgage Bank 6%s——1957
110.8;
101.29
' '_a.
,
*103.5
A-0
.—-1960-19651—
101.10 .:
*101.8
A-O
;—1946-1948
1951-1955
-1955-1960
—1945-1947
1948-1951
1951-1954
1956-1959
--1958-1963
*
Treasury 2%s
Treasury
J-D
•
108.27
108.30
*108.16 108.18
M-S
...
Last : t : or Friday's ;
Sale Pricfe Bid & Asked
'
(Continued)—T'
AExternal sinking fund 6s—i*_1963
116.2
106.8
106.3
106.3
J-D
-1944-1954
-—1946-1956
1943-1947
1943-1945
.———1944-1946
1946-1949
,
1949-1952
Treasury 4s
114.14
*113.31 114.1 ,•••-
;
& Chile (Rep)
Government
A-O
'• '
'
,
) FridayWeek's Range
,
Period
.
:
S.
,
Interest
,
^
'lowl.High:
U.
\
,
,
-BONDS
New York Stock Exchange
Week Ended Jan. 8
unless they are the only transactions of
computing the range for the year. ' S
85
Greek Government—
York
New
City
A7s
Transit Unification Issue—
1980
Corporate Stock
3%
a
Haiti
paid
part
A6s
08'/a 100
60
103% 104
104
J-D
part
paid-.:
(Republic)
Helsingfors
(City)
A
active interest in
an
Mendoza
South American
and other
•''.J-',
.
(Colombia)
;i
Mexican
A4'As
•
?
'
"Foreign Securities
; ;
2-2300
Teletype V
NY
f-a
—1948
'
a-o
......
.—1945 '
AExternal s f 7s series B_
AExternal
s
s
f
7s series D
AExternal
s
f.
7s
„;j—1945
—1945
f 7s series C
AExternal
j-j
"I:
;
:
j-j
series A
AExternal sec s f 7s 2d series—1957
A-o
f 7s 3rd series—1957
a-0
AAntwerp (City) external 5s
a.1958
(National Government)—
S f external 4'As
1948
S f conv loan 4'As———1971
S f exti conv loan 4s Feb—
1972
S f extl conv loan 4s Apr—
1972
Australia (Commonw'lth) 5s of '25-1955
External 5s of 1927
1957
'
sec
s
'Ik, ■p
1
—
:
-
16
42%
m-n
79%
m-s
1955
r.
81%
j-j
s
f 6s
!
,
AExternal
A7s
s
(Central
Ry)_
External
s
3%
s
5s
A Extl
A 6s
s
A Extl
A 6s
A 6s
71
-721,
72
27%
74%
*65%
70
73%
74
15
•i-
15 y4
/' : "
97
65%
80
38
81%
78%
83
100
72
22%
49
18'A
34%
a-0
35%
34
35%
47
18%
34%,
j-d
35%
34%
35%
18
19%
34%/
87
87
37
83
83
85
87
91%
M-S
70
72'/a
F-A
72
72
5
A-O
70%
73
17
M-N
74
74
2
J-J
48'A
51'A
A-0
M-N
100
100 SI 101'/a
43
49%
,
98
58
93%
98%
98
50
93%
98
5
15%
Jan 1961
j-j
a-o
a-0
{A8an
A 8s
A 7s
18%
14
12%
J-D
14
12%
14
137/a
13
14
18%
20%
20
18%
•
20%
20
20'A
20%
—
*12
Paulo
18%
__
—
20'A
7%
12
14%
19
13%
12%
5%
17%
7%
12%
12%
14%
5%
14%
18
17%
18
9%
16%
8%
16%
17%
J-J
:•
17%
17%
17
10'/a
*90
98
33
50'/a
*28
M-N
F-A
90
10
18%
A-0
18%
18%
18%
39
F-A
17
16%
17%
142
8%
16%
7
10%
18%
A-0
20
20
J-D
17
17%
19
8y4
M-N
18
18%
11
9»A
17%
18%
17%
18%
18
10%
17%
77
73% '78
36
62'/a
19%
18%
19%
15
11%
19'A
17%
18
17
11
18%
32
42%
J-D
M-S
M-N"
I
M-N
1936
*41
J-J
J-J
8s
loan
14
23'
/ *14%
—1950
(State)
15%
12
■
23
'12%
15%
15%
7y*
v67
*13%
:
14%
7%
7
*32%
29%
M-S
—
*29%
J-J
43
16%
75
33'A
26%
33
297/a
25
30%
33
20%
61%
A-0
63%
62
63%
54'A
66
M-N
10%
10
10%
4%
12
11%
.
M-N
*9%
12
4%
J-D
*9%
—
4%
J-D
1955
1946
F-A
85
4%
*9%
*80%
F-A
12
10%
85
40 '/a
85
—
71 ya
77
77
14
13
19%
21
AExternal sink
fund 6s
1960
M-N
*78
73
97
12%
19%
AExternal sink
fund 6s
-1964
M-N
*78
71%
80
13%
20%
3%8-4-4%8
1979
M-N
75
64
1979
M-N
51%
51%
1978
J-D
60
60
~2
51'/a
59%
1978
1984
F-A
66
66
1
54
66 ya
41%
55
AUruguay
(Republic) extl 8s
($ bonds of 1937)—
54
12%
19%
2
15'A
20%
89
13 y4
19%
3%-4%-4-ft
14%
20'A
4-4%-4%s extl
—
20%
I:
7%
'
6'As—_—
extl water
■
101
13
20%
21
20 y8
29
J-D
1966
external
75
.44
M-S
■
m-s
y-s
20
*18%
20%
j-j
Jan 1961
Sep 1961
Sep 1961
1962
19
sec
16%
14 %
A-0
r:
65
J-J
(City of Greater) 7%s—1952
(State) extl 6s_———1947
de Janeiro (City of) 8s
1946
Extl
65
57'/a
101% 104
114%
16%
.
A-O
-1953
(State of) —
A8s extl loan of 1921—;
—1946
A6s external sink fund gold
1968
A7s external loan of 1926
1966
A 7s
municipal loan—
1967
Santa Fe external sink fund 4s
1964
ASao Paulo (City of Brazil) 8s—1952
A6'As extl secured s f—
—1957
A
80%
J-J
APrague
A Rio
M-S
A-0
Queensland
Sydney /City* s f 5'As
97% 102
98% 100%
*11
:
41
*103% 106
M-S
A-O
—;
10
98% 100%
M-N
gold 6s
20%
,100% 102%
7
12
J-J
7s
1956
A 6s extl dollar loan
—1968
5 A Secured 8 f 7s
1940
Serbs Croats & Slovenes (Kingdom)—
A8s secured external
1962
A 7s series B sec extl
1962
A Silesia
(Prov of) extl 7s—
1958
A 4 'A s assented
1958
103% 107%
97%
f-a
73'A
97'A
1961
148.
59
98
Feb
page
70
98
assented
For footnotes see
68'A
69%
91
f-a
1962
56
56
57'A
J-J
Feb 1981
sinking fund 6s
80
82%
M-N
sinking fund 6s
assented
36%
44
101% 102
*100'A 100'/a
J-J
a-0
assented
10
-
,57%
%
Rio Grande do Sul
100'A 100'/a
u
J-J
a-o
sinking fund 6s
15
107'A 108
F-A
1960
assented
101
ext to.
(State of)
AExternal loan 7'As
*80
M-S
73%
A-0
37
35%
1960
sinking fund 6s
1940
1958
;
VAStabilization loan s f 7s
1947
A4'As assented——.—
1968
AExternal sink fund gold 8s—1950
A4'As assented
—1963
APorto Alegre (City of) 8s
—1961
mod 3%s
a4'As assented—
82
100
4
2
,
.
5;;. 85
64y8
M-N
J-D
JAPoland (Rep of)
-79%
83
29
,
M-N
extl s f 5s ser A-1963
—1994
—.1967 ,
1947
A Peru
(Rep of) external 7s
1959
ANat loan extl s f 6s 1st ser
1960.
ANat Loan extl s f 6s 2d ser—-1961
86%
100
..
■
A-O
.Ext sec ref 3'As series B
97%
83
1
J-D
•
AStamped assented 5s——1963
v
Stamp
38'A
m-n
assented
•
15
5
3
(Rep)
APanama
45%
36 y8
,
-
—1970
-1955
86%
15%
15 y8
fund extl loan
(City) sink fund 4Vis—
Oslo
11
34
1942
assented
AExternal
50
36%
—1945
—1961
—1944
1967
1968
1954
1942
i
i 7s
ARy external s f 6s_
A 6s
2
35%
1952
i
—
2y2s
3'As
7-year 2'As
30-year 3s
30-year 3s
A Carlsbad (City) 8s
A Chile (Rep) External
A 6s
71
a-0
^1960
10-year
AExternal
-i-
1984
30-yr 4s
25-year
a 7s
71.
2
;
1975
f 4'A-43As_.
(Dom of)
26
1977
external s f $ bonds
Canada
51%
50%
79
..1963
4
65
1976
-1976
f 4'A-4'As
External readj 4%-4%s
External
53
11
38
1961
f 4'/a-4%s
Refunding s
-
11
80%
22
96%
97
91%
86
100%
84
807/a
j-d
j-d
,
83% 100
80%
j-d
f-a
>48
-
77%
'
m-s
20
M-S
1952
1957
1958
1950
.
83%'
44
3
85
F-A
'
•
84
82%
A-O
1957
(City) s f 5s
Sinking fund gold 5s_—„
Sinking fund gold 6s
Buenos Aires (Province of)—
A 6s stamped
3
82%
85
1965
1957
Brisbane
100% 100'%
85%
86%
86
80
1956
1941
f 6«As of 1927
F-A
18
fund 4%s_.
1955
External s f 7s
SABrazil (U S of) external 8s
AExternal s f 6'As of 1926
1944
V
fund 4'As
71%
"■■■''■■■12 H
97
"
External
70
—
sink
24
•
83
96%
96%
75
*80
sink
88 '
64
-v
,
86
79
-
10%
9
*85%:::.. ;■$
.1943
6s
APernambuco
107
,86'A
96 '/a
82
18%.
J-D
M-N
External
18%
59
81'A
83%
•;
18%
External
11
fmim'
■t1
88%
m-s
14%
9%
11
44
•
1949
Belgium external 6'As
87%
82
18%
32 Va
10%
'
'
98
t**'.
V
■,
13
6
External
10%
kiv'"--' 5;,
15'A
97%
a-o
1956
External g 4'As of 1928
'■
16
79%
f-av;.;>
j-j
10%
44
25
10%
16
87%
;
5%
15'A
10
Municipal Bank extl s f 5s
80%
;
1
13
-
100'/8 100 Va
4s sink
97%
m-n
r 5'A
F-A
15%
•I -: t*'
Argentine
m-n
40
F-A
15%
42%
13
*10
;
5Va
9%
•
10%
5%: 13%
14
A-O
5s
10 Ya
*15%
12
32'a
:
*15%
>;
J-J
5
13%
9
J-J
5!A
.
—
^1958
f
3
10 y8
j-d
AExternal
s
External
'
'''
Q-J
J-D
1959
——-
4
15'A
15
*5%
13%
Q-J
(State)—
f 5s—
.——1957
4
•
9'/a
9
M-N
,18 %
15%
*15%
1
\
;
a-0
82%
M-S
15%
.*15%
yV.<'.w_A'
j-j
series——1957
1st
72
—1952
15 y8
j-j
3
——1959
7s
75 k.-
ii*-
82%
18%
15%
■
82%
/V.'-'
*45'/a
•
15%
J-D
25%
44
*43
.'''
m-s
(King of Norway)
8
•
Norway external 6s
4s—-1968
AAntioquia (Dept) coll 7s A
1945
sink fund 6s
5'A
M-S
External
AGtd
2
3
New South Wales
•.%;
Akershus
11
15%
1954
(State)—
(City)
1
85
11
1958
A 6s
1-1693
Foreign
44
78
85
v
external s f 6'As.
A Montevideo
,
Govt. & Municipal
Agricultural Mtge Bank (Colombia)—
AGtd sink fund 6s-___—
1947
69
85
ASec external s f 6'As
Wertheim &. Co.
REctor
62%
■„
Assenting 4s of 1904—
A Sec
'f l . Members New York Stock Exchange
120 Broadway, New York
Telephone
47%
15%
assented
1943
extl 5s of 1899 £—1945
Minas Geraes
63%
A-O
-1945
1954
A Assenting 4s of 1910—
—1945
§ A Treasury 6s of 1913 assent
1933
A
*60
J-D
5s of 1899—.
A Assenting
68
M-N
stamped
(US)
15%
55
1957
Irrigation—
AMexlco
••■';•;• I
6%
11
68
A-O
—I960
7s
6'As
4s readjusted
(Prov)
1214%
*66
1954
Jugoslavia (State Mtge Bk)
AMedellin
16%
8
15
A-0
f 6s series A—1952
extl 6V2S
1960
s
Irish Free State extl s f 5s—
We maintain
*13%
1964
—1968
20%
78
20%
28
13'A
19%
15'A
—
20%
13
19%
External
readjustment
External
conversion..
extl
readjustment
3%s extl readjustment
AWarsaw
:
conv
(City) external 7s——-1958
A4%8 assented
1958
68%
64
*60%
J-J
*50%
F-A
*10
61'A
*10
F-A
66%
56
60
4%
„
11%
3%
11%
A
Last
•
Exchange
Stock
Interest
• ■
;
Week Ended Jan. 8 ;
-Period,
(
Friday's
or
Bonds
Bid & Asked
Sale Price
Low
;
,
High
Sold
New York
Range for
15)12
Low
■:
A-
••••»,)_.
:
Interest
Exchange
Week Ended Jan. 8
••
No,
Stock
'
;■ h
...
♦
•
Coll trust 4s of 1907
,
1st
Power
", r
B—,.1943
4s series
1st' cons
3Vas_-^_1972
mtge
Albany Perfor Wrap Pap 6s_„_—-1948
6s with'warrants assented—!-__1948
'
,
Albany & Susquehanna RR 3%s
1946
3%s registered-!—^-!!—-.!_1946
4
Alleghany Corp—
5s modified..^
'/-,.:/
-
modified
5s
1950
,—1950
modified-
5s
A 5s /income....,,.....,...
.
.••
.
1998
Alleghany & West-1st gtd 4s
Amer I G Chem conv 55/aSj———1949
Internet Corp conv S'/aS—i—-1949
Am
American Telephone & Telegraph-Co.—
3%s debentures...
:
1961
1966
,•
J
92%
62
•
107%
4100% 101%
*107
M-N
•
Anglo-Chilean Nitrate deb—L
.1967,'! Jan
Arbor 1st gold 4s„_.!.i.l995
*
Q-J
Ark & Memphis Ry Bdge & Term 5s 1964
Af-3
Armour & Co (Del) 4s B—
./.1955 -P-A
1st sink fund 4s series C (Del) .1957
J-J
-•66
Ann
52%
-
9
V
34
.r-'
108
*
55%.
69%
56 %
152y.;yy:.;V
;
*100
-;
■'
66%'
*
87
I
'100 %• 106%
v-.'. is
103% 103%
76
10%
25
,
15%
20%
110% 112%
1
•
35
11
•
15
110% 110%
71 y*
72
47
18%
18'/a
19
208
13%
22
18
16%
18
154
14
20
62%
J-J
'-"• 17%
■'
4s_;!———4—4—1995
General
Adjustment gold 4s:
———1995
Stamped 4s
;
_1995
Conv gold 4s of 1909——!-1955
'.Conv 4s of 1905—
1955
Conv gold 4s of 1910—;-T-—4-1960
Trans-Con Short L 1st 4s.*
—1958
Cal-Ariz 1st & ref 4%s A
—1962
y
1946
"
30-year 5s series B——_4_ 1944
Atlantic' Coast 1st cons 4s_—July J952
1st
unified
General
4y2s A_4_
F-A
Af-N
•,
^'56%
"
:
•
84%
113
121
84
49 '
•
16
N
coll gold 4s
103
F-A
102% '
J-J
103
*106
—
,
J-J
—
106 % 106'/a
117% 121%
16%
261
92%
93%
29
•:
1
110% 112%
75%
63
•
/.
64%
75%
141
33%
33
33%
95% 101
101 •;
101
101
105% 106 "•••;
Chicago Ind & Sou 50-year
106
102
'"'3/4
6s series B
& gen
& St Paul—
A
May
3yaS series B_„May
series C
—May
series E
..May
series F—;
May
AGen
4s series
AGen
gold
•
AGen
B
4V2s
AGen
4'/2s
AGen
Baltimore & Ohio
RR—
1st mtge gold 4s
———July 1948
Stamped modified bonds—
/; : /
1st mtge gold
(int at 4% to
Oct l 1946) due—
July 1948
Ref & gen ser A (int at 1% to
Dec 1 1946)
due
1995
Ref & gen ser C (int at 1%%
to Dec 1 1946) due—
_1995
D (int at 1% to
due—
2000
P (int at 1% to
Sep 1 1946) due———
*.-1996
AConv due
!_.
—Feb 1 1960
63%
60%
63%
A-O
394
59%
34
722
;:■>
;
148
37%
Ref & gen ser
/
:
Af-S
25%
361
34%
301
24%
25%
406
18%
S'west Div 1st M (int at
to Jan 1 1947) due
•'■:.;/
Toledo Cin
Bangor &
3%%
55%
J-J
J-J
46
40%
46%
50%/-'
46
51%
Aroostook RR—
J-J
!_1951 '•////J-J/7
Battle Creek & Sturgis 1st gtd 3s__1989
J-D
Beech Creek extl 1st gold 3%s—1951
A-O
Bell Telep of Pa 5s series Bi——1948
- J-J
1st & ref 5s series C
1960 '/;;■/• A-O/
Beneficial Indus Loan 2y4S
1950
J-D
2%s debentures1956
A-O
Beth Steel 3%s conv'debs——1952
A-O
Consol mtge 3'As series F_
—1959
J-J
Consol mtge 3s series G
I960
F-A
Consol mtge 3%s series H——1965
'""-A
-'•
4s'- stamped
59%
.
——1944
Boston & Maine 1st 5s A
%
2
98%
98'/2
24
9
>
101
5s
M-S
1955
series II
/
A-O
J-J
M-N
P-A
ikf-N
F-A
Af-N
1947
Debenture gold 5s_———T1950 ;
1st lien & ref 5s series Bi—!_1957
*
Buffalo Gen-Elec 4'/2S B
.1981,
Buffalo Niag Elec 3%s series C—-1967
1st
series A—
& ref 6s
lien
Buffalo Rochester & Pgh
3 %' to
1946)
Ry—
v
due
Bush Terminal 1st 4s
Consolidated
-
y:;
5s--
Bush Term Bldgs 5s gtd—i
73%
42
/
42%,
"23%
,108%
/ 74
50 A
76%
>39%
y -
,25
20*
2
84
,84
•:
85
.
'
83%
,
';//
.
—
y
14
5,
37%
' A-O
.
- !—
——
-A-O
-J-J
-A-O
.—-—1952
-1955
1960
35%
37%
437
11%
12%
y.
109%
12%
122
11
81
58%
58%
59
80
77
80
•*
35
32
32
32
24
25
34
34%
33%
34%
43
23
35
34
35%
5
35%
243
33%
1st
General
41%
39%
41%
97
26
42%
23 Va
24%
96
14 Va
26%
23%
22%
23%
151
13%
25%
J-D
23%
23
23%
98
14%
25%
4
4%
1,105
4%
M-N
,
S 33%"
35%
J-J
1988
70
J-D
*60%
J-D
J-D
49
M-S
Cin
49
.
*42
J-J
//
*
M-S
.1943
A-O
5s__——_—. 1957
A-O
51%/"
50%
41
;•'/ 40
Af-N
29%
13
—
F-A
..
J-D
.1967
:
r
__
■
J-D
,1977
*70
J-J
••
Cleveland & Pittsburgh RR-
V/''.
m-n
.1948
.1950
18
53
63 %
.1977
f-a
12
70
81%
.1981
j-j
.1961
85
a-o
-
1st
Canadian
gold
1969
1970
National gold 4%s
Guaranteed
'A-O
J-J
J-J
- A-O
-
_-__1957
July 1969
5s
-
106
*108%
A-O
California-Oregon Power 4s
1966
Canada Southern cons gtd 5s A_—1962
79
V"79
-
,
79%
12
104
32
112
105
112%
113y4 113%
1
—1955
J-D
*113% 113%
Guaranteed
gold-4 %s
1956
-F-A
—Oct
Guaranteed
gold
4%s—
1951
Northern-Ry deb 6'/2S—1946
Can Pac Ry 4% deb stk perpetual——_
Coll, trust 4%Si
1946
20.7
46
46 %
4
68%
53,
'19
■;
5s
equipment trust ctfs
trust gold 5s
Collateral
For
trust
—1944
footnotes
see
i960
page
-
*105
—;
'•
75%
•
*104
100
100
148.
i
80
84
24%
25%
246
25%
25 %
5
92 y4
94%
81
93
94
51
103% 110%
Columbus &
M-S
110'A 110%
6
103% noy8
Columbus &
112
112%
15
108% 112%
Columbus &
71%
J-J
72
22
■
100% 100%
2
J-J
104% 104%
7
J-D
-
J-J
95%
62
72%
89% 100%
103
105%
95%
96 %
15
81%
95%
91%
91%
29
77
90%
^.1961
H V 1st extl gold 4S..1948
Sou Ohio El 3V4s
.1970
Tol 1st extl 4s.^^
1955
A
Commercial
'Income
deb
w-__
--Apr 1 1969
mtge 3%s series I—!
debs 3'/2s——...
Conv
..1968
1958
61
63%
71 y8
60%
59%
607/8
39
58
66%
84
-
A-O
M-S
F-A
'- May
Commonwealth Edison Co—
•1st
65%
25 Ya
Maekay Corp—w
!"
64%
Af-N
A-O
J-J
J-D
J-J
83%
65%
a-o
•'! 'Debenture 5s
108
84
a-o
Af-N
105
63%
75
f-a
deposit!Columbia G & E deb 5s
...May 1952
"''Debenture 5s
.Apr 15 1952
108
12
j-d
of
104% 108%
77%
.1943
^Certificates
74%
2
.1945
111%
52%
62%
72%
71
—--
.1977
111% 112%
112%
M-S
1954
4%s
-
44
105
f 4%s series C__.
/
86
53%
105
.1973
.1980
•'•■■
108
*105'/a 107%
series B gtd.
.1970
76
85
42%
.
a-o
J-J
-
Canadian
Cell
113%
.!
107% 112%
108
113% 113%
F-A
4%s
,r
I
104% 108 y4
gold
gold-5s
85
108% 108%
Guaranteed
Guaranteed gold 6s
108%
-
111% 112%-
108%
4
Guaranteed
78
36
s
112
65
//
47%
a-o
Coal River Ry 1st gtd 4s,
Colo Fuel & Iron gen s f
ft'5s income mtge——
;
109% 111%
110
45
.1972
1st s f 5s
17
30%
106% 110
108% 110%
*106 Va
I'.'.'i," •
49%
*105
'
/;
-
.
•'
-
"5,
'
f-a
"■•
50%
.
n_:;;
•
106% 106%
J-J
12%
/
V,
-.73%
*!
65
6'8%
M-N
1st coll tr gold 4s—!, .1990
74
<11
46%
47%
J-J
;
36.
38%
-■
71
y
,
78
109% 109%
-
*■;'
202
- ,
,109% 110
J-D
.1991
Line 1st gtd 4%s.
r*m
.
F-A
6348
{'
28% 29%
V';."108y2 108%
Af-N
gold 4s—_.——.—. .1993
\jl. .1993
Cleve Short
94%
•
,/"V£.<-'•
Cleveland Elec Ilium 3s_——.. ,1970
41%
36
92% -97%
' 99%
42/'
97%
Vrt 97
97%
99 y4102%
96
94%
96
J-J
45
105% 103%
34
16
100 Va
TOO
J-J
54
43%
/
56%
68
45%
!
./yyy;
'107% 108
f
5%
80
59
20
27
'
107%
1962
Wab fe M Div 1st 4s^
21%
1%
68
47
64
49%/
64
;
4
10%
11
67
53%
*/_'
J-D
34
19%
316
5%
70
34%
1
1.-9%
.702
22
4 Vb
;/ 70
./
18
50
2,169
20%
5%
Af-N
18%
741
:
19; ^ 201/4
,!
59%
"40
36%
31V4- 35
35
4%
1%
.
.
48%
48%
F-A
1951
General 5s series B——!
Ref & impt 4%s series E—
r
35
24%
4s_——;—1951
mtge 3%S—-———
35%
36%
22%
Af-N
21 %V.
D
22%
23
36
*33%
;
J-D
1st gtd 3%s D—. .1971
.1969
1st. mtge gtd 3%s series E.
Cleve Cin Chic & St Louis Ry—
115%
514
32%
22y4
M-N
Cin Union Term
88% 105
5%
34%
22
35%
83 Va
5
,
5 Va
20'/a
35%
78
32
12
81-;
12
1%
J-D
Southeastern 1st 5s—,1960
Debenture
3
72% ,88%
.32
19
2,252
5
M-N
guaranteed 5s_„—Dec 11960
deposit——
St L Div
Af-N
8%
97
M-N
tAChoctaw Ok & Gulf cons 5s
Gas & Elec 3%6/i.!..—. .1966
110% 110%
*110%
53
2,827
25
M-N
Cincinnati
100% 100%
113
34 y4
.1952
A:
43%
98% 108
•:■■; 6
31
34%
20 ya
Childs Co deb 5s
:27%
>
53%
46 Yi
30%
A-O
80
■.* 761
107
34
32%
M-S
1st & ref 4V4S series
/'
100% 106
13
115'A 1.15%
"••';•—
.
85
100
99
>
••'
5
:
/
5
104% 104%
*100
r
•
66%
■14
104% 105%
104%
95
29%.
264>»
25
108% 109
;
•.79!
.
85%
.79%
:•'70
A 76%',
74
-18
78
94%
;■
*93%
i_
102%
53
71
33 V4
M-N
Chicago Union Station—
1st mtge 3%s series E—1963
'"•
1st mtge 3 l/aS series F_.—_1963
Chic & West Indiana com 4s——1952
103%
101
48%
46%
30%
ACertificates of
105
*
1934
deposit-.
of
78.
r,
4
Income
98% 102
51%
34
15
32%
34%
A—..——1952
Memphis Div 1st gold
33%
32%
385
19%
4% y 5%
32%
M-N
deposit
3%s
Gold
Chic T H &
70
263
'
18%
5Va
AConv
98%
101
6
at
—1957
:
JBurlington Cedar, Rap & Nor—
§ A 1st & coll 5s!_!
ACertificates
?'
,
(interest
modified
Stamped
:
Af-N
J-D
Af-N
- F-A
J-D
Va
103
M-N
^-1961
—..I960
July 1970
t A Boston & N Y Air L 1st AS
—1955
Bklyn Edison cons M 3'As.*——1966
Bklyn.Union El 1st gold 5s_—
1950
Bklyn Union Gas 1st cons gold 5S-1945
gold 4%s series JJ——
1st mtge 4s series RR
iAInc mtge 4%s ser A
/
//: *102% v.—; •; r,
'
1st
16
101
102% 102%
A-O
gold 4y2s—————1960
Chicago St L & New Orleans 5s
1951
102% 105%
23
45 Va
—1975
Ry gen 4s.
of
fASecured 4%s series
v
102% 105%
104'A 104%
"
96%
J-J
46%
gold 4s———1934
§ A Refunding
83%
.'• 98 ••:,• 100
99
f 104% 104 %
104%
/ACertificates
127% 130%
99%
•■
45
.series A
$ A Chic R I & Pac
103:i-t 1087/a
11
:/
46
11989
11989
—.—.1949
t§AChicago Railways 1st 5s stpd
/ 25 % part paid——....
-1927
48.':
6
J-J
l 1989
.-1987
AConv 4%s
61%
^
72%
85
129% 130
;
45
J-J
46%
11
.56%
42.;
44%
19%
———
61%
:
49
'
)
16
130
.
F-A
C——!-—1967
24
»
*81
J-D
1950
Big Sandy 1st mtge 4s__
Blaw Knox 1st mtge 3%s
,
103% 104%
•
48
m i
60%
A* .'.*44
103%
.
1st M
60%
60
/
.
-
41%
46
6%
5
46
42
46
J-J
10%
6%
j
59
66%
43%
J-J
M-N
4s
211
•
,
66%
J-J
l 1989
1T989
,
.53%
43
34
7%
8
A4%s stamped
1987
V', §ASecured 6%S———
.—1936
Alst & ref gold 5s
May 1 2037
Alst & ref 4%s stpd
May 1 2037
Alst & ref 4%s C—
May 1 2037
48%
26%
6%
registered
—.1.1987
AStpd 4s n p Fed inc tax.—1987
AGen 4%s stpd Fed inc, tax
1987
AGen 5s stpd Fed inc tax——1987
54%
34%
328
-
1950
Div ref 4s A——-—1959
-ry 55%:
61
6%
■
45 >,/
1,020
52
y
ref 4s————————•———*.1951
Con
•
•t" 327:
M-N
-
36
31
7%
4s
42%
;
28
M-N
AGeneral
•
38
33%
50
8
registered...——.——1987
3%s
39
45
30 "/a
J-J
tChicago & North Western Ry—
AGeneral gold 3y2s
——1987
39%
'24%
34%
24'A
34%
F-A
-
•
68%
33
14
29%
Jan 12000
ACoqv adjustment 5s
;
44%
28
•
/
39%
32%
34
Ref & gen ser
Pgh L E & W Va System—
.,../'/
Ref gold 4s extended to——1951
65%
24%
32%
jlf-S
Sep 1 1946)
54%
265
34%
35%
37
J-D
-
1
64%
32%
64%
J-D
61%
21
3iy4
F-A
AMtge gold 5s series A
;
A-O
12
Af-N
JChtc Milw St Paul & Pac RR—
62%
52%'
.
4%s
34%
116% 123
39 ■«
39
J-J
^Chicago Milwaukee
/
21%
33%
31
Alst
87
67
33%'
Alst & gen 5s series A
80
33%
72%.
38»%
J-J
.
71
31'/4
J-J
33
.62%
66%
66%
1947
1947
——.1966
_May 1966
1956
40
25%
73%
27
31
*118
A—1947
ARefunding 4s series C
83%
109
65%
•»
32
J-J
77%
30%
M4
32
*28%
i.
63%'
96%
75
82%
65
73
;■
Af-N
J-J
tAChic Ind & Louisville ref 6s
ARefunding gold 5s series B
66%
•"57%
100
74%
64
87%
74
108
33%
Chicago Gt West 1st 4s series A—1988
A Gen inc mtge 4y2s————2038
104%
"
88%
87%
101,:
20
102% 103
J-J
• /
—1997
1982
Chicago & Erie 1st gold 5si—
110
100% 103%
109',,
*102% 103%
F-A
Chicago & Eastern 111 RR—
•AGen mtge inc (conv)_..._
109% 112%
112
*109%
ref 5s
1st &
81
series A—„———1971
65%
74%
97%
88
97%
82
F-A
93%
90
U
97%
*93%
Af-S
1977
94%
85
81%
"
"96%
4.1'
-4
94%
<*93
J-j
25
IS
.15%
J-J
114%
114
!!•-*
*114%
__
16%v
A-O
100% 104%
*118% 119%
,
J-J
100 Va 104
8
-
20
102
,
130%
126
n. 102%'103
M-N
.1958
—
1st & ref 4%s series B___._
97% 101%
*■111%
M-N
J-J
J-J
"J-J
~ M-S
-Oct
105%
*112
95%
95%
80%
."*130%
M-S
registered—_————1949
General 4s
*100
M-S
J-D
1952
Atlantic & Danville Ry 1st 4s—1948
Second mortgage 4s_—i.—1948
Atl Gulf & W I SS coll tr 5s_
—1959
Atlantic Refining deb 3s——1953
L &
4s
96
105
101
'"•■'•1:
58%
i
v78
15
93%
92%
93%
75
62
2
86
'
83%
68
'
"'•""84
14
109%
107 "
Wi' 72%
55'/a
56%'
84%
; ;;
Af-S
:
-Illinois
101
'
105%
105
87%
32
95%
95 y*
*104% 109
•
i
19%
13%
19%
83
A-O
F-A
3V2s registered.——^.-1949
Division 4s
1949
"
88</« ! 95
*111% 111%
88%
1964
106% 112
117
111% 111%
J-J
J-J
iA L 1st 4%s A—^_1944
Atl & Charl
-:V
Af-S
J-D
,
Knox & Nor 1st gold 5s.:
Atl
:•
111%
•
A-O
Nov
M-N
J-D
J-D
J-D
* J-J
75
12%
28
16%'. 17%
*15%
*108%' "'.!
A-O
,.
:'f■•;.!>'://;
Santa Fe—
Atchison Topeka &
8%
3
10
*
20%
.
8 Ya
3
82
150
•
v
•
106%';
100%
20
■V/71%'
-
,;,':R & A Div 1st cons gold 4s__—1989
2d. consol gold 4s_
—1989
A Chicago & Alton RR ref 3s—__!^i949
Chickgo- Burlington & Quiricy RR—
Tllinois division 3%s
—1949
"99% 101
103-% 104%
;
36
45%
74
"
37
20%
■
35
A-O
Chesapeake; & Ohio Ry—
; •; ;, ' y
General gold, 4%s—
-^——1992
Ref & impt mtge.3yas D—J_,i__1996
Ref & impt M 3%s series E,
r^1996
Potts Creek Br 1st 4s————1946
i
100 y" 101 Va.
" *'
V ;
9
99
r
37
23
•
109 V*
106
vy
7%
{
H
21
■
7%
J-J
.Through Short L 1st gtd 4s——1954
Guaranteed gold Ss—„!——1960
§ACeptral RR & Bahk'g of Ga 5s__1942
105% 108%
83
6%
gold 5s——1987
1948
'■<
*
24y4
23%
;
93 y4100
8
32
%--70y2
68
55
99& 102%
58
6%
J-J
COrtain-teed Prod 5%s A__•_!_
105% 108%
.•
24
.
; 93/' 104%'.
"
61
104
59% >80%
■
101% 104%/
110
-
51%
•'*
/
105% 108%''
••
243
108%
-
99
V
8
.
.'107% 107%
'
-2
-28
*
»>'C-
'108 Va
'-'*101%
4
ft
4
*163
107% 108
•
»■
'
28
107%
A
!
V;
104%-
fl04%
68
30%
*
61
42%
'
-4—
98 %
98
7%
5s
ioo% 104% i
48%
102% 103
1
J-J
gen
101
7%
1st' gtd 4Si,__-!_1961
New. Eng
99'% 103
70%
J-D
registered—
—-—'—1987
'AGeneral ,4s—1987
4s registered
1987
Central N Y Power 3%s———1962
Central Pacific 1st ref gtd gold 4s„1949
'•
80
y'
•-104»/2 104%
'
59
;
M-i
'',-• 78%
104Vz
jACentral of N J
41
"62
103% 103%
%
"; 79
y
JACent
192 4C.
•-,107% 107%
"
•
Central Illinois Light 3y2s
64
101
1
A-O
,,-»_1966
92
76%
-
106 ya 109
A-O
gold 4s„1951'
51
"
4
•
'
1st gold 5s—1——1946
Div
63
•78
205
,
...
55%
\
A Mobile
^
J-D
M-N
High
47
62
98%
'
Low
No.
High
*—
•
1942
Sold
2
102 3 i
J-D
mtge
78 y.
.111 %
~~-72%'
53%
' 103%
,
•
92%
60%--63
62 '
;
94
r
70
55 Va
,
A-O
Wat Wks & Elec 6s series A-i-1975
Am
94%
•72%
M-S
-
deb 3s_!„._r,_!_1962
Amer Tobacco Co
.AChatt Div pur money
90%
•
*
debentures—^——-f_^_1956
3s. cpnv
65t
85
"63
A-O
-J-D
-
3.14S' debentures—.
63
63
*92
P-A
*: M-S
•
Af-S
' •' Af-N
/: J-J.
•;l»
4%s jdebs....i._1951
Aljis-Chalmers Mfg conv 4s—• _i._v-1952
Am & Foreign Pow deb 5s—__2030
Allied Stores Corp
54-
81%
—
J-J
F-A
Range for
Bonds
108% 109
F-A
'
55"
A 1st
104% 107%
25
Low
^
M-N
,
62
*93%
92
■
-
l. -
4
Bid & Asked
^
62
M-S
5s!i!:—Nov > 1945
§AConsol gold 5s
.-1945
ARef & gen 5%s series B— r-„ 1959
ARef & gen 5s series C———rl959
'*57%'
v
^Central of Georgia Ry—■
103%
103
*57%
A-O
„
106%
.104% 104%
—
108% 108%
108%
•'
F-A
J-D
A-O
A-O
"
1044
1949
102
-104 Va
*102%-
A-O
A-O
A-O
A-O
62%
100% 101 %
98% 102%
''
—
104
*103%
J-D
J-D
J-J
.
»
,
J-J
t§ACarolina Central 1st gtd 4s—1949
Clinch & Ohio 4s
—1965
Carriers & Gen Corp 5s w w_
1950
Cart & Adir 1st gtd gold 4s_——1981
Celanese Corp 3%s debs—
^1962
Celotex Corp deb 4'As w w__
1947
A Cent Branch U P 1st gold 4s_—.1948
72%
44%
48 Vt
*102
F-A
Ala
Alabama
48 %
*101%".!,
J-D
1947
-
10-year deb 4J/4s stamped—
_1946
Gt Southern 1st cons A 5S.-.1943
•.
65%
70 %
*68
1953
J-D
1953
J-D
1948 ;M-S
____
*•
Friday's
or
Sale Price
,
Carolina
JAbitibi Power & Paper—
§£5s series A unstamped
AStamped
Adams Express coll tr gold 4s„,
Last
Period
•,
High
and Industrial Companies
Railroad
Friday
BONDS
Week's Range
Friday
BONDS
York
'
YORK BOND RECORD
NEW
New
-
T
J1
I
145
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number- 4141
157"
Volume
U
94%
94
i
*109
108 y4
90%
88
90%
-
110%
79% ,89
.
.
4
77
59
33
110% 110%
1
109%
18
109
28
24%
84% 102
85
102
78% 10114
109
106
109%
112% 112%
33
58-
15
21%
109
8
'
*31 y2
58
103% 103%
103%
100
113
108% 108%
.
21
59
108% 111%
106
109%
-
THE COMMERCIAL & FINANCIAL CHRONICLE
146
Stock
Week's Range
Friday
BONDS
New York
Period
Range for
Sold
1942
High
No.
Last
Friday's
or
Low
Pasump Riv 1st 4s
&
Conn
-1943
1951
i.——__1951
Conn Ry & L 1st & ref 4 ^ s—;
Stamped gtd 4%s_
Conn River Power s f 3%s A
-1961
Low
3%s
debentures—
RR—(Continued)
Refunding 5s—*—
1955
40-year 4%s_^-u/__..-^^,.-1966
Cairo Bridge gold 4s__
'
.__1950
J-J
*108.
108 Vi 110
—
108% 111
11034 110%
F*A
A-0
102% 103 Va
14
105%
105% 105Va
31
104
106 y.
A-0
107
106% 107
5
103
107
3%s
J-J
107V4
106 Va
J-D
104
debentures——_—
—1958
fAConsol Ry non-cony deb 4s——1954
J-J
ADebenture 4s-——1955
J-J
,*31%
33
1956
J-J
32
——1960
J-J
92
A Debenture
4s—
,
Consolidation Coal s i 5s—
14.
32
105% 108
15
107%
103% 1041/4
31%
.
101% 105'/a
17
38
.23%
/
.
26
37 Vi
32
23%
37.,
Joint 1st ref 5s
96
CO
98
1st & ref 4%s series C
,f
*108 y8 108%
107
*109% 110
M-N
*110% 111 %
208% 110%.
108% 111%
M -N
.107% 107%
M-N
*108% 109
Crucible Steel 3Vis s 1 debs——1955
3-D
§ a Cuba Northern Ry 1st 5%S-—-1942
J-D
A
receipts—;
.—
A Cuba RR 1st 5s gold—1952
A Deposit
receipts—-—
A7%s series A extended to
-1946
.2
33 V2
33'/2
10
27 y2
28
25
28
40
*39
J-J
48%
t
J-J
J-D
40%
*36
—" :
a"-o
.
,.
33 Vi
38
30 Va
28 %
23%
86 Va
10
43
54
79
79
48%
49%
95
62%
44%
Ref sink fund 6s series A'—.—
'
56
Int Rys Cent) Amer 1st 5s B—,.
96%
,1st lien, &i ref
Debentures
JAIowa. Cent Ry
24%
27%
1
108% 108%
20
102% 105%
3
99% 102.1/4
101% 102
:
47%
99% 104
210
24% ,27
6%
8%
29%
11%
887,
9
6%
1%
23%
25%
75
11
'•/
.28
23 %•
26
48
11%
28
,38%
; 42
107
,103
25%
103%
,25%
(
41%
J-J
M-N
F-A
:t
65%
F-A
68
M-S
-
;
21%
39 Va
.
102 y4 105:
104% 105%
85
,
96
90% 101
.
'
,
J-J
,
7:
6
■
104% 105 Va/
;
*91%
/*95Va 95%
65% '
63%
M-S
——-.U—----1955
1st- & ref 4s——1951
82 Ya
19%
30
,
*103 Vs 103%
26 Va
A-0
4VaS—1952
66%
10
105
,
J-J
e/ZaS-—-v-^-1947
Int Telep & Teleg,deb gold
!
J-J
,-1972
52%
'
A-O
1955.
66
40%
37%
139
J-J
.-1944
59
,
h^V-' •>'
A-O
.w_1956
1956
.
48%
44%
47%
/ 43 Va
48%
,
A-O
Internat Paper ,5s: series A & B„_1947
33 y4
96%
96%
96%.
49%
104% 104%
38
*27
J-D
A
39»/4
A-0
38 y4
23 V4
42
10
48
,
.
J-J
Ja 1st 5s series'' B-r^
;Alsb gold '5s series.
/Internal Hydro Ef deb
; ',.'35%'
28
■25%
28
27%
28
33 Va \
30
r2
46 %
62%
3-D
Adjustment 6s series, A/—July 1952
61
53
40
*79
3-D
,
23%
,
-57
1
6
M-S
.A
37 y«
26
38
*36
109 *
83
82%
/ 82
24%
J 24%
108% 108%
fAInd & Louisville
109%
49
71
63%
49%
.'F-A
lst'.gtd.'4s-^-1956
38%
42
48%
J-J
Ind
99% 101 ya
90% 98
'
30%
30%
30%
Deposit
Deposit receipts
-————
Curtis Publishing Co 3s deb—-—1955
93 Va
;
'
receipts
—
A 6s series B extended to——1946
*6
93 y2
106
107 Va
loi y2 101%
Deposit
A
2
:
59
203
58
42
tAIntor-Great Nor- 1st 6s series A-1952
110 V* '
M-N
M-N
A-0
mtge 3VaS——
48%
,*61%
,
J-J
In,d 111 & Iowa lsl< gold
1st mtge
High
50
,58
42
■
J-J
4s_'_-_«_i^l950
43%
.4.
*79%
F-A
1963
58%
jUnion.Ry 3Vas series B„
u-,-I986
Inland Steel 1st nitge 3s series Fi.1961
Inspiration Cons Copper 4s__«/
1952
interlake Iron cony deb 4s
u^-1947.
Power Co—
1965
3%s————19671st mtge 3V2S—
1970
1st mtge. 3 %s—
1966
1st mtge 3%s————1969
Crane Co 2Vis s f debs
—-—1950
1st
1943
Low
No.
High
42 %
/ 43%
F*A
j
Consumers
Range for
Sold
56%
V
3-D
J-3
J-J
/.1-1.1963
series. A
58%
M-N
Ditchfield, Div 1st' gold 3s___"_„l_1951
jLouisville Div.
Term gold 8%s-1953
Omaha Div 1st gold 3s__
>i-1951
6t. Louis Div.& Term gold 3s«.«-.1951,
Gold 3%-S—._____^_1951
Springfield/Div 1st gold 3%sJ>—.^1951
Western Lines 1st'gold 4s_^*+.-.^i.1951
111 Cent,and Chic St L & N O— / •
102% 104%
A-O
Consolidated Oil conv deb 3%s-—1951
Bonds
Sale Price Bid & Asked
Illinois Central
108
108,
1946
debentures
Week's Range
or Friday's
Last
.
Period
Low
A-O
.J-J
—^—1956
debentures
Friday
Interest
High
-1948
/—
3Vis
/
,
.
Consolidated Edison of New York-—
3%s
BOND S
New York Stock Exchange
Week Ended Jan. 8
,
Bonds
Sale Price Bid & Asked
Interest
Exchange
Week Ended Jan. 8
Monday, January 11, 1943
66
1%
/£
155
Va
1%
35%
64%
202:
68%
38%
67%
.Va
2%
19
1%
\
•
D
Dayton P & L 1st mtge 3s——-.'11970
Union Ry 3Vis series B—-1965
4s_—1943
Delaware Power Si Light 1st 4Vas—1971
1st & ref 4Vis———
1969
101 »/4
*__
J-D
Delaware & Hudson 1st & ref
M-N
57%
V .56%
J-J
i03y4 106%
19
105% 105 Mr.
J-J
Dayton
,*108
James Frankl & Clear 1st 4si
51%
1959
1961
J-J
611/4
Steel 3y4s
W
*1061/a
J-J
*108'/4
t§ADen & R G 1st cons gold 4s—1936
SAConsol gold 4V2S————1936
J-J
22%
21%
22%
763
10 %
22%
J-J
23 V4
22%" 23?8
61
10%
24%
•
3%
4'/a
F-A
F-A
4
A-0
19
4s-_199d
A-O
JfAK .C Ft S & M Ry ref gold 4s_1936
A-0
172
4Va
5
1%
.•»
•
,
'
607
18 Vs
19 V8
*6V4
3%
1%
135
4
3V4
•
A-0
mtge 3 Vis series G—1966
M-S
ret
111/4
6%
Ref
&
Gen Si
ref 3s
104%
1970
J-D
J-D
J-D
26
East Ry
sefries H
gold 4s
Minn Nor Div 1st 4S—1948
East Tenn Va & Ga Div 1st 5s—1956
(NY) 1st cons gold 5s——1995
Ed El 111
M-N
M-S
89%
108% .1121/3 i
»
102
102'/a
A-0
23
80Va
Vs.102 Vs
11
10
24%
109% ilOVa
16
109%
*107
15%
107
100%
100% 101%
Elgin Joliet & East Ry 3%s-.i——.1970
El Paso & S W 1st 5s————1965
M-S
102 Vi
102 y+ 102
——1965
A-0
stamped
5s
i—
A-O
V*
103
M-S
104%
A Gen
,
B—1——1995"
mtge inc 4 Vis series A—2015
J-J
92%
94 Vn
58%
56y2
N Y & Erie RR extl 1st 4s_——1947
1st mtge 3 %s—--——1971
M-S
M-N
J-J
1st Si ref 5s series A———1974
ACertificates of
..
M-S
20%
'
20%
deposit———.
58
:-li.
71 %.
57%
79
20%
71
8-a
21%
20 %
19
-7%
20y*
(Proof of claim)———1982
S A2-4s
of deposit———
Machinery Corp 3s debs—1956
Francisco Sugar coll trust 6s—1956
4%
13
V*' 5
100
4
69
4V4
v
4%
„
J-D
M-N
"4%
4%
102 y2102 ya
M-N
ACertificates
Food
4%
80%
A,
21/4
6
81
1%
%
/
■-
■
*116
J-J
98%
t A Georgia & Ala Ry 5s_
-Oct 11945
fgAGa Caro & Nor 1st ext 6s—£1934
J-J
.19%
J-J
Goodrich
—1956
J-D
/A-/33;/.'
Gotham Hosiery deb 5s w w—
.-1946
Grays Point Term 1st gtd 5s——1947
Great Northern 4%s series A——1961
J-D
(B F)
1st 4%s
M-S
General 5s series C—
J-J
1031/4
93
20
5
80
r
26
92 Vi
93
1976
J-J
85
83'VV
85
General 4 %s series E———1977
General mtge 4s series G———1946
J-j
85 V*
83%
851/4
J-J
99%
149
Gen mtge 4s series H
1946
J-J
99%
99% 100
99
99%
3%s series I———1967
J-J
78
75%
78
211
*60%
65
Gen mtge
—
AGreen Bay Si West deb ctfs A
A Debentures ctfs B_—
i——
—
Feb
Gulf Mob Si Nor 1st 5%s B——1950
1st mtge 5s series C—1950
Gulf Mobile Si Ohio 4s series B—1975
AGen mtge inc 5s series A——2015
Gulf & Ship Island RR—
1st
&
ref Terra M 5s
Gulf States Steel
9 y2
:
9%
A-0
9iy2
A-0
87%
—1952
-1961
—
Gulf States Util 3%* series D_——1969
•
8d
79%
93%
99%
691/4
89%
22
66Va
46
59
M-N
12
101
5
F-A
registered-—-^—A--l—l--i2003
M-N
Oil 4Vis debs
Hudson Coal 1st
Hudson
Co
Hudson- &
s
,1954
•''
f 5s series A
1st
AAdj income 5s
98%'
98%
1
80
80
80
i
M-N
5s
J-D
F-A
Feb 1957
-
103%
M-N
1957
A
1962
1949
Gas 1st gold 5s
Manhattan
98%
A-O
42'
103%'103%'
41% ' 42
*__
'
-
61%
50
4814
35%
132
20
19%
20%
133
y-j: ■;; ifi,;''-/-
gtd 4s^.
•'
gold 4s
1st gold 3V2S——
Extended
1st
1st gold
.-1951
101% 101%
J-J
*97
—I"
gold 3s sterling
Purchased
CoVateral
lines
trust
;
page
*86%
A-O
M-S
A-O
631/2
51%
-1955
M-N
—__I. -1952
—
148.
-1953
*351/4
8%
"
/
81 Va
';-
'
:
"/ 20
104
99%
99%
119 V* 122'/a
"./„,
81 Va
76
75
.;*
84%
2
104
4
-
108(4 110%
3
>.109% 1093/4
104
99%
109% 115
■";-
78%
»
109%
:
15
■
91%
92
91%
■ /■;
*121%
M-S
103% 103%
99
106
104%
94%
»
80
90%
89
13
84
85
t
95
88%
■95
«
86
40
80%
,
98
93%
86%
J-J
103% 103%
10
101
105
J-J
108% 108%
3
104
109
M-S
M-S
80
M-N'.
17
94 Va
94
94%
J-J
94
.
108% 111%
2
110
100
107
86
*106% 110%
84
107
12
78%
78%
106%
104
*104% 105
F-A
—1946
—1980
M
'
'
15
RR 4s series Aj.— -1945
..I960
mtge-4VaS series A
Manati .Sugar;4s sink fund__Feb 1 1957
3-D
Gen*
.
.
Lt
s
f 5s
western 1st gtd'3%s_—
Steam Shovel s f 6s
:
42%
55%
49%
50%
,
r ,
*
.
^
-
1941
-1947
"A—Apr
*
■
.
;
M-N.
r
1940
Q-A
■
102
55%
43%
53%
'
--
^
*21 Vb
69
303/4
20
39
39
--
85%
44(4
5
1
*32
—,
79
28
50 Va
-i
98
102%
97
1
102.
*98% 102%
103
Q-A
1945
50.
11
48,
47%
50%
J-J
A-O
86
843/4
48
M-S
£l1953
.stamped
,
M-N
'
A-O
(Stamped mod')- ext
McCrory Stores deb J'A——,
McKesson & Robbms 3V'as/.;_
,
.
■3-D
Maine Central
lAMarket St Ry-7s series
39%
*
86
86%
46%
103
105% 105%
: ; 102% 105
98%
98^/4 09
*1093/4 110%
A-O
86%.
39%
491/4
98V'a
69
93
38%
44
46%
"ivVo
•'/: «.!•
•
,
"■
1945
gold 4%s_
—1952
South* Ry joint monon 4s—
-—-1955
Atl K/nox & Cine DiV 4s—
,
99% 102%
40
49%
43%
,
■>
M-S
,
21%
221
47
44
' ' I '; •''
98%
J-J
121% 123 Va
3
'
"'
F-A
1st &; ref 3%s series E_„—.1—;-2003'
.1950
/Unif mtge 3%s,series' A ext.
.—I960
Unif mtge 4s series B ext—/
:
48%
75
491/4
j
61
117%
106%
109% 115
5
'
'/'",2L-■' ^
/'Vj.
r
A-O
45%
65
491/4
*993/4
■v
51%
114
104
5.
93
53%
M-N
//' ' ,;,7''
56
115 ;;'yZ :; •//',/;/8'/■
•.
//,:■■
A-O
86
J-J
46
109% 109%
A-O
84
94
38%
32
2
.
121% 121%
£44003
90
*86%
-1952
,
3%s
J-J
-1951
,
eold 4s
For footnotes see
.-1951
3%s__—— -1951
Collateral trust gold 4s__
Refunding 4s
12
„
40%
29
.
'"'y 252
'y i:ivt '
M-S
-1959
4s
f§ AManitowoc Green Bay «fe North
J-J
-
>
-1
& ref 4s series" D——.-4-2003
klst;, & ref 4%s series'
Marion
1st
115'
36
29
121%
A-O
—£4945
32%
.
105% 105%
•''
•/.
A-0
1949
:
37%
55%
.
.V
37%
26
174
/
31%'
28%
-22
Vy 472
30%
35%
l",.
"■
F-A
Manila RR <South Lines)
Illinois Bell Telep 2%s series A_ —1981
57%
34%
,
A-O
1st & ref 5s .series B-—4 £—2003
>
A Manila Elec RR '&
Illinois Central RR—
51
48
28%
■
36%
>
A-0
gtd—-1965
ref ,gold 4s—-i.'-
Lou & Jeff. Bridge, Co
105'
36%
■
42%
LouisviHe & Nashville RR—
118y8120%
46%
73
43
58
■■'I■••/'/■' ""'-"V
93%
102% 104%
120
47%
-
/ 32%
-
,
A-0
1st
98% 106,
12
68
«
29%/32%
;
30%
,
•
M-N
1444944".
Co 'deb 7s—J24
.—4951
debenture/;'—1—
Louisiana & Ark 1st 5S series A-—1909
.4.41966
Louisville. Gas & Elec 3 VaS—.
122%.128
A-O
M-N
72%;
73%
71%
58
47 /•'/' '
'
52%
34%
•
Paducah Si Mem. Div 4s—
Houston
68
85%
57
;,yl
80
72
55
V 44
32%
i
i
.
M-N
5s
1091/a 111%
127%
55
,
;
Mob & Montg 1st
*„_
47
75
58
67 %'*
*67%
i
(
M
;
/:!
■
99% 100
/'/■;
*67% / 72%
;
21
71%;:.
67%
r
St Louis Div 2d gold.3s—
J -J
'/./:/;,2,
;
45
*84»/4 ,86
:
*69
M-S
H
Hocking Valley Ry 1st 4%s
—1999
Hoe (R) Co 1st mtge—
——1944
t§AHousatonic Ry cons gold 5s—1937
.
/"—/■'/ /
//,44%
stamped--/'-'I-—- £44949:
i;
02%
103% 103%
1101/4 1101/4
-
*100
M-S
74y4
33
J-J
86
53
88%//
,
Lorillard (Pj
:
92%
-
96'%
67%
M-N
'4s..'
95%
85 Va
71
91%
52
V 87
V.y
J-J
'
79%
1
55%
94%
J-J
.Guaranteed
92%. 09%-i
11
69%
103 V4
97%
88%
54
94%
;
Lpng .'Island unified* 4S-———- .44949
87%
91%
55
797/a
Little Miami, gen 4s.series.A--.>——1962
—4950
LOng- Dock Go 3,%s ext to-f
,
11 »/4
71
80
67
Ljbby McNeil Si Lib.by 4$——--1955
Liggett &» Myers Tobacco 7s—-1944
'', 5s.' ;debenture/---.-----*----p-^^—1951
j
89
70
7%
Jnf
A-0
100
1
J-J
70
24
;stamped_^-V—1————1974
Lex &* East 1st 50-yr 5S
57y4' 65 >/:•
9%
.
stpd_;
32%
14
69
17
76%
F-A
5s stampe<l modified—-1-2003
Leh Vaf Term Ry ext; 5s_————1951
21%,
•
51
.
f 4!/2S
s
Feb
•
78%
■
: '•
98% 105
295
General 4'/is series D_——
57
75
F-A
/stamped!—I———1954 ./
c4%s ^tamped'modified-,/-———2003
„■■:*; 4 %»" registered-;-^——-—---2003
105% J 09.;
102% 1031/2
35
78
F-A
;
93% 107
109
84
26
76%
Lehigh .Valley N Y. 4%S e?t——1950
*94%
109
J-J
:
,99%
100
14
5
12
'
78%
Leh Val Harbor Term gtd 5s—4954
116/'.
94
36
33
y2 1071/4"
99%
-
-
J-J
General 5%s series B—1952
---—1973
99%
30•
106
45
,
20
19
f
99%'
88
72 V*
85%.
116
98 Vi
'v:.: /■/
"±~~r
^stamped_;——-—l—-——1964 •;
i/tstr & ref sink fupd 5s—
'———^1974...
4s
J-D
75%
yl
80
"
53
M-S
:Xehigh/Valley. RR—./•;,//
,.4s stamped modified———2003
Gas Si Elec of Berg Co cons 5s—,.1949
Gen Steel Castings 5%S—.——„£1949
91%
100
95
83%
83%
;/ 80
A-0
ref sink fund '5s—————1964
,5s
4%
4Va
102%
91%
72 %
98%/
*98%
;
,-*"5s
•
"%■
tFonda Johns 81 Glover RR—
5s
1st
*
100%
72
99
.
J-3
.
41st; & ref sink fund ;5s__ 1—-1954
•
,
89
98
91
V8/
3-3
99/
i
89
Dec
Lehigh & N Y 1st gtd gold 4s-—-1945
Lehigh Valley Coal Co—
"5s ,6tamped_^---^-__- j_--„_--1944'
78 Va
'
1%
;/l5
100%
.87%
.
J-J
JAlst'jntge income; regl-^--V-r-'1975
-
88%
*70'/a
76%
87%
J-D
Lehigh Coar&rNar-s if 4 Mis A—1-1954
Cons sink fund ;4%s> series C,—--1954
Lehigh Si New Eng RR 4s A——--1965
58
108
19%
.
102
08
1
/
98 Va
45%
20
„
J-D
-
%
87
J-D
93%
95
99y2
-V
-V
i
*
128
•'
102
100
f-A
,3%a registered^-*----'—vl99T\,
64%
106
—
,
99
99 Va
JAFla Central & Peninsular 5s——1943
tFlonda East Coast 1st 4%s——1959
*98
106%
IO31/4 107 '•■>/;,
10
105% 106
87
t5s extended at Z"/o> to-—1947
Lake Sh & Mich Sou gold 3%s—1-1997;
70
86%
115
55V4- 56J/2
•i.-ir: '
Firestone Tire & Rub. 3s deb-——1961
A
58
*106 Ms—_
M-N
Ohio Div
9414
84
170
104% 106%
:
;
Lautaro Nitrate Co Ltd—
J-J
82
*1%
F-A
D^i-—1-1960
Lake Erie & Western RR—
'
1st cons M 4s series
05
168
102
A-O
5%s series G--—_-_1953
'105
103
105%
A-O
1956
J-J
106% 106 Va
M-S
111% 112
A-O
*4 Va
84
84
F-A"
63%
42
90 %
83 Vz
1955
Metrop Ed lst 4V2s-series D_^-i_- 1960
Merop Wat Sew & 'Drain ' 5 VaS^— .1950
tSAMet' W Side-El -/ChiO 4s_'-f—: 1939
,
86% r
101
105
*108%
/
,' :
90
105
102
'
110%
80
*82
J-J
74
110% 111%
401% 44%,
*169 Ma
A-0
Light extd 5s-—-—1-1945
,Coll & ref 5 '/as- series'
56%
'
*63
M-S
155;
99Va 101%:
64
64
64
M-S
1959
Laclede Gas
Railroad Co—
Erie
J-J
,/ Coll & ref
109•
149
J-D
1108
*93%
J-J
JAKreuger & Toll 5s ctfs—
99% 103 y4
J-J
Elec Auto-Lite 2Vis debs————1950
35
65
■
108 ya 111%
103
M-N
.
31-'.
K 65%
86%
86%
J-J
67
56%
47
50
*44%
J-J
w_1961
69%
37%
17
63
62%
Jr-3
Kresge. Foundation- 3 % .notes_——1950
103%
108%
106
108
103
A-O
102,
19
23
6
;
J-J
Koppers Co 1st mtge 3y2s—------1961
95 Mi
'■
69% 71
;. 109 ; 109%
*110%
cunguaranieed_.
88
40
'
J-J
■4 %s
25
82
113
66%
62'!"'"/
-
/
Kings County El L &■ P 6s_l,—:
1997
Kings.Co Lighting 1st 5s_—
k_1954
1st &- ref 6%s_—+-1954
41%
17%
106 V2 106 Va
-
24%
J-J
32
5
86%
61%
61
'"
-.
,
70%
4s—___---1966
101% 106%
3
87
,85%
87
J-J
4
40
"
,/
63
——
26
40
26
97%
A-O
-
109% 112.
104% 104%
40
————1995
Detroit Term & Tunnel 4%S1961
Dow Chemical deb 2 Vis-;
——--1950
Dul Miss & Iron Range Ry 3%S—1962
ISADul Sou Shore & Atl gold 5s—1937
Duquesne Light 1st M 3 Vis—— -1963
ASecond
.78%
*110% lllVi
Detroit & Mackinac 1st lien gold 4s 1995
63%
93
J-J
3s_—195d
Kentucky Central gold 4s_i-,_—1987
Kentucky
Ind Tei;m A'/as--—a_1961
: /
Stamped1
1961
Plain
—L——...
:
^^1961
7..
112'/a lU'/a
I---
43
/1
impt SSii-A—--1-Apr 1950
Kansas City.Southei'n Ry 1st
19%:
3%.
*87%
M-S
22
94
*84%
65%
.'ACertificates,;of -depositv---/-—
Kansas City Term 1st
J-J
f ADes M & Ft Dodge 4s ctfs——1935
JADes Plains Val 1st gtd 4%s
1947
Detroit Edison 4s series F—
1965
48
*
Kanawha & Mich 1st gtd gold
'
B—Apr 1978
Gen &
48
K
108 Va:
104
'
J ADenv & R G W gen 5s——Aug 1955
A Assented (subject to plan)—ARef & impt 5s series
& Laughlin
106% 108%
104 Va 106
J-J
mortgage 4V2S———i—1969
1st
46%
94
J-D
Jones
.101% 101%
251
57%
;'
*
10
104
-2
,
-
-
95
105%
107%
109% 113
10
2
.
,
41
80
-4% ,-9
.Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
YORK BOND RECORD
NEW
BONDS
Range for
Sold
1942
Sate Price
Period
I Week Ended Jan. 8
Bonds
Bid & Asked
Last
Interest
Stock Exchange
York
New
•
Week's Range
or Friday's
Friday
BONDS
Y
Low
No.
High
,
Low
571/2
57%
°60
J-D
39%
M-S
28%
27%", 28%",
68
.-,29
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i
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351
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40
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y: 41
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2
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1990
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—
deposit
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%
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21
—__—1965
A-O
110%
110
ref 3%s_„,,1966
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321
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137
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&
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.
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1967
1972
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89
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mtge 4s_—>—>_,_1965
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104
17
78% 101%
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69
62%
70
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40
103 y4106V4
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105
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s
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•
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109
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-
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1954
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1945
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———1945
;
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1952
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—1960
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>1983
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—>1955
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ACertificates
124% 128%
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-
31
9
104
■
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23%
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A—
A—>1978
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1965
■■■'■
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54
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69%
86
124% 124%
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94%
42
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J-J
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10
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1945
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1960
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—
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gold 4s__>1991
mtge 4V2S—
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2047
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2047
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2047
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1
deposit—
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1975
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,
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16%
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,
1912
No.
33
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17
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series
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1940
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9%
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1938
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t A Missouri-Illinois
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or
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8
J-J
1937
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1967
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1941
67
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Sale Price
'
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50
,
1937
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i
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69
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1939
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1952
1979
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1940
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& Sag
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.
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1951
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1965
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96
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,
series ;A.5s»»1956
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ext»«_>i„„1960 > *
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2%
97% 104%
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V 38 Y"V P1SV*
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108
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107
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110
112%
4s
guaranteed
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37%
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Series E 3%s gtd gold»—
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F 4s guaranteed gold„»1953
■
40
23%
guaranteed,,^
-
Series G
39%
-
*
Seri«
181%: :37%
.
40%
49
,
,,'-
50%
9%
36%
38
/
>.
105
r
-
,v-
...
48%
'Series I cona'4V2s
5
,1957
1960
F-A
8111
111
F-A
- *
^„„1963
_«
112
112%
*119%
118
121
121%
J-J
2%
j,
-•
■
"
6%
V*
■
2
,7.%.
.
i
91%
.•
2 Vi
.
ts..
s
.13
I,
105%. 1D5%-
1.
106.%,1P6%v
2
118
105% 105%
2
104 Vi 109
Gen
A-O;
105%
105
105%
11
4%s series C-.
J-J
100%
100
100V2
8
99
103
4
95
104 Vi
.44,%
.
73
>
•9L
•
,4Vi
,
8%
J
cons
mtge 5s series A
Pitts Cbke
,
& Ifdn
Pitts Steel
conv
„1977
iAYsS* A„_/1958
lst.mtge 4y2S^
1950
M-S
~
•
J-D
95
96
8
> v.
v"
iy4
Y 39Y
.
.-2.%
1st mtge 4V2S series B
10-7
aX-
53 Vi
55-
M-N
-.1st mtge 4%-6;series B——_/
>1959
,.
Char
>>1950
1st 4s gtd>_i._
1st nvtee 4%$:series Q>
""1
148.
55 Vs
A-O
J-D
-
*.
104% 108 y«
97% 100%
99%
96
99
55%
-
-
1958
Pitts Va .&
»>.1Y •* 164Va IdQ
.188V;
99
J-D
-
1943
Pitts & W Va 1st 4%s series A
48'%
96
99 V 2 100%
'
1111/*
>.'.-1
119% 119V2
105%
-.21%
16 hYX.
-10
** '•
119%
J-D.
Gen
120.
•-
M-N
Series
•9%
.
•llOVi.H^.. "
M-N
:>JrJ
,1
7%.
•'
guaranteed 4%s„1964
1970
mtge 5s series B„_».
1975
61
3%
40%
64,v:
Y 210 Y
,
41%.; 43%'., ■/
A-O
„•
90-Va
91%;
-
j-d
,.
4s
4s»
J § A Philippine Ry
20% -371%.
.
":
32Ya
'
1 8%
-.9%
37%
1992
>—1955
page
81%
107
8112yi 112%
.M-S
Philip Morris Ltd deb 3s_2>_____>_1962 v
•
5 '.**•
;•
33%
31%
37 V/4
49%
\
.M-N
J-D
.NrY.&,Putnam. 1st mons-. gtd- 4s„ ^_1093.
;.Queens. El'Dt i& Paw .3 Vis-> —*>1965
N Y:-Rys ;peior lien 6s stamp^-„—•1958
N Y.-Steam-©orp ls^..3Vis_^-Y.>^—1063.
see
Eastern
&
Stamped >1/
.
.-.N, Y
For footnotes
1952 Y *
1st
,
54% 64;
403%.
Y YIOO
,
31% -'31%
"
•
...40%
1954
lsfc-4s——
t AN Y 0ut"4r: West ref..gold 4s_
97
,
Gen
1957
lAHarlem River-&.Port Chester--
>■
A-O
1940
>—>
Alst A ref 4Vis series of 1927_>>1967
■
^
4$
■:
J-J
1948
6s_
34
J-J
ADebenture .certificates ,3Vis—1956
AConv
:
.
34..
.
_1Y
J-J
Y ANon-conV
.
95%
*
•
A-O
Y1954
»dfcb
A—
97.
jAPhila & Read C & I tef 5sii>Yl973
103.% 104%
.;c 2 >;
■:
34 v,:.,,
32% Y.; 31% -:32%:C:
,
M-S
..3Vis————1947-'.
deb
ANon-conv
3Vis
95 Vi 100%
J-J
1984
■
—1947
ANon-conv
*
86y2
59
Gen mtge 4%s' series E_»»Conv deb 3Vis
;
x
'
.
44
Philadelphia Co coll tr 4y4s_i»-Z.196i
Ph.ila Electric ist & ref 3%s
„r1967
1st & ref mtge -2%s;
________1971
.
109%
'
.>■•#•.-58 Y.v -.52
•101%
.
108
55
General
v
fi%y-v,. ti
r.
60
.
109%
97
"
General
119 V*
55% ..57-,;
60%.
•
,
J-J *
—1943
5s
v.
;M-N
1973 '
J-D
94%
122
100% 105
106 Va 111%
90V2
* -•
1970
General
-
r':i;i20Y,^-iii:/. 1*15
,V
119
61
111
109 %
«7-:.
71
Y.
.3'Y4t.'Y4«7%-
-
101% 103%
Va
88 y8
96%
B___-v.___,_,_1968
gold 4%^ scries C__'J„_
Phelps Dodge bony 3%s deb_>
Phi la Bait & Wash 1st gold 4s
•
YY &&% 101 Vi
:
111%. 111%
111%
103%
107
107 % 111
89%
1st
83
.69%
58
11.7 Vi. 117% /
:
'
_
—>——1973
—
L E & W Dk
,5V
r.Yw*
money<gold 4s_
—il949
YN-Y.Jfc- Harlem gold ..3Vi£————2000
N Y Gas El Lt H &
•
,
■i.
6
97
series
gold 4yaS
Pere Marquette 1st
.
108 Vi
109
108% ;
'
A-O
;
1966
12
45
8119% 120%
F-A
*
„•
90
88%
J-D
;—>1965
Peoria & Pekin. Union Ry .5.y2s>.___X974
4
'
"
,
108 y*
108
,
89%
90%
A Income
21
1-OOVa
;,.'v
£..<-> v
', / J f>JrP 4 YY'V 99% 101%
66%
i. .">73
'••
60
87.%
•8,6
A-O
.
65%
•
108
A-O
100 n 103%
A-O
*
: F-A
Y Dock
*
1.
A-O
Peoria
■
YY/: :71' -':
539, Y y
V
100%- 100% Yt
V
J-D / :
.
'65%; y>.
Y 64 %
•:
A-O
-N Y. Connecting RR
:
65%.
100% 100%
108% 108%
108 %
M-N
series C
/Peoples Gas L &.C ref 5s_„„—>1947..*
'
"
'
.Ref4%sseries
■?
5s
56 %
,>,10 ..Y-Y 44;?-: 49
79%.
77 Vi
,79%.
M-S ;Y
107%
96
40
General 4Vjs,series D_»»—,___1981
Debenture
79%
■
'
A-O
'
■
General
*
f-78%
325.Y3Y45%
-
99
-61%
49 Vi
:.3:3Y'3::A8.%:
51
51
F-A
.
.
•^Y 12 Y
53%.,
FrA
New York Chicago & St Louis—
Y'4
Ref 5 Vis series A————1974
mtge 3Vis
4y2S* series A__
3%s
mtge
*
/*;Y'-Fi-Y'*/63.%
:
.861 Vi
F-A
Yv.
1st
General
.70
.
M-N
.'—>1970
Cons sinking fund 4y2S>r._v»_»,1960
59%
'.
/•/ •.'/42.Y'Y/i67,;.>
*
J-J
,
"
...
59%
,93r 100'
42
.54%,
l
-
,>399'-:-A,-
Y
stpd. dollai,_»„May 1,1948
Gen
,
-.' 3 Vis registered--———
1997
Lake Shore oblT gold 3Vi§i——1998
3 Vis registered-/.——-Y4-wil998
Mich Cent coll- gold 3 V6s>>—-1998
3Vis registered
—>—1998
Y, '
90% >Y
47%
68 r
Hud River 3 ViS-^——1997
Cent &
99%
53%
M-N
168-Y43%
53.y8:.Y
67.1/4
; 991%
A-O
1952
—
A-O
2013
impt 5s series C——
Conv secured 3Vis_
53,Y, --51%
>F;AV
98%
99
'
.LyvY'V.Y
8100
J-J
gtd 4Vis_»—
Central RR 4s .series
Ref &
4s sterl
.
///
Newport & Cincinnati Bridge Co
N ;,Y.
106%
M-N
' "
Pennsylvania RR cons gold 4s_»„1943
Consol gold 4s
__„_>„_i948
37 v.;,;65%
:-
&/Light 3%s»
4%'s debentures'
1_»—
Penna Power
53
50%
38:
:-,2 /•
•
-
•.
,.40%
;■
•13
..
47 Vi
;VV'47%
ACertificates of deposit—
:y7..;:
"i
•.53%
39..
39;
'
;
44Vi
52%
of .deposit—
..;
i,
49%
441/2
F-A
D—
Alst 5Vis series
v
;
845
deposit—
of
series
'
'
".
11
"
>
■
•
,~
1960
"...
;
.
j
.
.
I
•
A-O
.
m
53%
56
9
52 %
64%
8
53
64 Va
11
52 Va
64%
THE COMMERCIAL &
148
FINANCIAL CHRONICLE
Monday, January 11, 1943
r
new York bond record
Friday
BONDS
Stock
New York
Interest
Exchange
Period
Week Ended Jan. 8
or
Friday's
High
Pitts Young
J-D
*107'/a
1st gen
F-A
*118
1st
gen
1st
4Vis series D
1st 4Vis
,
1st 5s extended to
El
M-S
,1966
'
t A Providence Terminal
—
1st & ref mtge 3s—
106%
JL
*108%
—
ref mtge 5s
&
Texas & Pacific 1st gold 5s_...
Gen
'
M-N
.1957*
ref 5s
&
Third Ave Ry 1st
1
J-J
:
96
6
110
86%
"2
*86%
M-N
!
*144%
J-D
80
,
*215
A-O
68
68
68 lA
A-O
68
67%
68%
38
57 y8
69%
J-D
68
67'/2
68'/4
33
58%
69
1964
M-S
1960
J-J
ref 4s_.
221
106
103
106
ilf-S
*105%
F-A
101%
Republic Steel Corp 4 Vis series B„1961
Purchase money 1st M conv 5Vis 1954
Gen mtge 4Vis series C—
1956
Revere Copper & Brass 3 Vis
.—I960
f § ARio Grande June
78%
.'..1953.
9
67%
79%
56
73%
73
82
7
17
9
100% 106%
101 % 101%
9
100% 104%
.98
29
39
104%
.100
39
12
33%
M-S
*110
109'
*110
109% 110
J-J
tSARutland RR 4Vis stamped——1941
22
..—1967
...
2d gold
St
Louis
6s
10%
Iron
39
11%
95%
.1944
M-S
—j—.—-May 11943
M-N
11943
M-N
...May 11949
..Nov 11949
M-N
2.15s
2.20s
5%. 10%.
C———..Nov
...
}
A Certificates
107%
67%
47
78%
.
St L Rocky Mt & P 5s stpd.^—,—1955,
1959
J
,.1950
A Prior lien 5s series B__
ACertificates
M-N,
*101
M-N
*101
ACertificates of
69%
101'/a
101
M-N
*101
100
,101%
M-N
*101%
100
102
M-N
*101 'A 102
100
103
1 1953
M-N
•101VA 101%
100
102
—May 11954
M-N
*102
100% 101'/a
11954
M-N
*102
—May 11955
M-N
—..Nov
—
NOV
—
——;
100'^a 101 %
..
Stockyards 4'As
44%
Tl
33
46
91
91 %
2
79
102
102
100% 103%
73
73
1
55
J-J
20%
20%,
20
18%
20
69
21%
20%
22
20
21
19%
94
A-O
1944
98%
94
98'A
98'A,
98
.1944
F-A
series A—.1955
F-A
*108'%
U-N
4
31
*108'/a
110'A 110'A
Utah Power 81 Light 1st 5s
75
19
ref 5s—
9
03 %
97%
A-O
w——1951
95 %
J-J
w
91
93
97%
102
93% 101%
77%
44
M-S
*76
<
80
.
-
•
J-j
.
M-S
■
21
.deposit stpd.—
524
V
•'■■10%
22%,
11
21%
Va Elec & Pwr
177
11%
25%
Va iron Coal & Coke 1st
M-S
6
11%
24%
21%
1,088
11%
23%
20%
45
12%
22%
,3%S series B———1968
gold 5s*.1949
Virginia Pub Serv 1st mtge 3%S—1972
Va & Southwest 1st gtd 5s—*.—2003
1st cons 5s.i—*-■—l!
—1958
M-S
A-O
74%
——.1966
M-S
109%
U-N
87
85%
87
Nov 1989
J-J
68
67
68
5 A 1st term & unifying 5s_—.—1952
j.j
48
46 %
48
J-J
29
27%
A 1st
!
bond certificates
4s
4s inc bond
A 2d
!
AGen Si ref
1989
ctfs
gold 5s series A.—.1990
| St Paul Si Duluth 1st
cons
gold 4s.l968
.
36
29
,
Cons s f 4s series B
—..*—1957
..
-
80
:
»■
109% 111'A
69
80
80
'■!
J-J
89
Q2
-74%
6
109 :*a 109%
47
72%
80
102% 104
*1037/a 104 Va
F-A
*80
J-D
56%
94
65%
76
>
105'/a 109%
15%
38'A
6%
.1941
F- A
17
A-0
*_.
102%
M-S
104
5
18%
1971
1952
10414
j Scioto V & N E 1st gtd 4s—
.1989
86
W
Wabash RR Co—
/" -:1st mtge 4s series A———
.1971
AGen mtge 4s inc series A—*—.1981
—
6%
J-J
t§ASt P & K C Sh L gtd 4Vis
i
76%
31
■
Paul Union Depot 3Vis B
Schenley Distillers 4s s f deb—
J
,57
194
,
.1947
St
i
76
60
76
'
tASt Paul E Gr Trk 1st 4Vis.
17%
.
,2%
7%
193
6%
17%
101% 103%
',
§ A 1st gold
§ A4s gold
4s unstamped—.——1950
stamped*
1950
A Adjustment
5s——.——Oct 1949
10
ACertificates
|
cons
of
29
.10
29%
538
A-0
29%
27%
F-A
43A
4%
5
ACertificates of deposit—..
,
tSAAtl St Birm 1st gtd 4s—1933
!' JASeaboard All Fla 6s A ctfs...—1935
A6s series B certificates.,
1935
,
Shell
Oil 2Vis debs.—,
1954
sinking fund debentures....1961
Union
2%s
14%
16'/a
13%
15%,
16%
15
16%
14
15%
31
15%
33%
M-S
32%
F-A
15%
F-A
28%
1
J-J
14%.
4
5%
98%
Simmons Co debentures 4s
—1952
A-O
——.1950
F-A
Socony-Vacuum Oil 3s debs——.1964
South Si Nor Ala RR gtd 5s
—1963
J-J
South Bell
103
3s
debentures
32
13%,
15% '
5%
14%
J-J
.1947
15
10
105%
15 iS®
18
95%
43
97% 100
29
98%
40%
100% 103%
99% 103
103
105% 105%
1518
4
50
*123
33
3%
*102% 103
A-0
1979
.
;
99%
*39%
A-0
Southern Colo Power 6s A
338.
99% 100
F-A
Tel & Tel 3%s_..1962
—
5
4%
,
74
1,088
15%
*15%
J-J
t§ASilesian-Am Corp coll tr 7s—1941
Skelly Oil 3s debentures
104% 106%
40
123
__
123
107% 107%
J-J
106%
"*8
106% 108%
105% 106 %
19
103% 106%,
103% 104
102
2
105%
Southern Pacific Co—
4s
(Cent
4s
Pac
coll).......—Aug 1949
registered...—...
1st 4 Vis
....
Gold 4 Vis
secured
Mem
Div
'!
49%
58
1968
M-S
55%
55%
56
265
46%
57.
—......1969
M-N
54
53%
54%
211
,46%
M-N
53%
52%
53%
298
46%
56%
56%
1946
J-J
95%
93%
95%
410
80%
93%
1950.
A-0
87%
88%
,57
82
89
..1981
3%s.—
gen
6s
;
1st
71% 1
70%
71%
182
J-J
93 3A
92
93%
102
172
69%
68%
70
A-0
88%
87%
88%
67
.1956
gold 5s
A-O
1956
—
Ac O
92%
92
92%
84
94
2
90
89%
90
12
J-J
J-J
ref
3s series C
...
1968
; ASpokane Internat 1st gold 4Vis_.2013
J; Stand Oil of Calif 2%s debs
|
Standard Oil N J deb 3s
j
1966
Studebaker Corp
2%
:
J-D
J-J
60%
106
41%
Apr
F-A
106 %
42
91%
83
96%
78%
84%
79%. 91
109% 112%
*111% 111%
106%
72%
78%
,
23
17
,
39%
*26%
24
28%
28%
5%s A!—1975
—
1976
M-S
F-A
*26
24
A-O
*25
22%
26%
A-O
22%
27%
A Ref gen
gen
5s series B
—1980
D
gen 5s series
Walworth Co 1st mtge 4s—..1955
A-O
Warner Bros Pict 6s debs.——.—.1948
;
Warren RR 1st ref gtd gold 3'A $—2000
Washington Central Ry 1st 4s
.1943
Washington Term 1st gtd 3'As
.1945
1st 40-year guaranteed 4s
,—.1945
Westchester Ltg
5s stpd gtd...—.1950
Gen mtge ,3'As—————..1967
West Penn Power 1st 5s E———1963
1st
mtge 3'As series I——.—I960
F-A
25%
25%
93
104
103
31%
31
31%
27%
11.
83
94%'
8
94%
92%
M-S
.95
103 'A
6
31
"5
103
40
69%
Q-M
*86'/2
F-A
103Va 103'A
89
86'/a
105 Vi
*103
F-A
119% 119'A
J-D
118'/a 121'/a
108% 108%
107% 110
*106'A 109%
J-D
M-3
105 % 110
110
110% 110%
J-J
121
84%
87
95
87
95%
16
93
112
84
91%
Western Maryland 1st 4s———.1952
1st St ref 5 %s series A—
..1977
A-O
West N Y & Pa gen
—.1943
1946
A-O
M-S
39
36%
39%
78
20%
38%
A 5s assented-—-————-1946
M-S
38%
36%
38%
403
20%
38%
M-N
88
84
88%
176
79
58
81
88
77%
85%!
gold 4s_
JAWesfcern Pacific 1st 5s
ser A
AWestern Union Teleg gold 4'As..—1950
25-year gold 5s
——..—.1951
30-year 5s——
—.—I960
Westlnghouse El & Mfg 2'As—^*.1951
West Shore 1st 4s guaranteed.^.—2361
Registered •————*2361
West Va
Pulp & Paper 3s—.1954
Wheeling & Lake Erie RR 4s!
—.1949
Wheeling Steel 1st 3'As series B—.1966
J955
Wilson & Co 1st M ,4s A
Conv
deb
.———1947
3%..
J-J
•100 ft 100
fa
J-D
89
87'/a
89
M-S
85 y»
83
85 VA
101 »A 101'A
M-N
J-J
J-J
172
10
100% 101%
61
37%
50
43
40
37%
47%
102 Va 105
109% 109%
109%
M-S
85
44%
*103'/a 104
M-S
100% 104%
41%
43
J-D
89%
J-J
10
102
43
,44%
2
90%
148
104% 105'/a
9
88%
105%
*103
A-O
—
-
tAWisconsln Central 1st 4s_
—*1949
ACertificates of deposit——.:——
8 ASu & Du div St term 1st 4s—1936
ACertificates of deposit——*
Wisconsin Elec Power 3%s—...*—1968
Wisconsin Public Service. 3 'As:
1971
lAWor Si Conn East 1st 4'As.——1943
J-J
48%
47%
M-N
16%
14%
13
88%
104
95
114
106%
40'A
133
115
.
*13%'
A-O
*110:
J-J
-
*
51
0
35
9
85
34
108% 110%
*107-
J-J
55
37%
54%
16%
37
110%
105
108VV
12
13 Va
13
100% 102%
J-D
105%
105% 106
21
103
J-J
104 %
104 %
104%
34
103% 105%
J-J
102%
102
102%
10
101% 110
1956
U-N
103% 104 Vi
9
M-N
103% 103 %
4
Youngstown Sheet & Tube-*
100% 103 %
—.1961
101% 103%,
105%
Conv deb 4s
1st mtge 8
a
1951
1944
Geh
refund s f gold 4s..,
1953
Ref & impt mtge 3%s series B—1974
Texarkana & Ft Smith 5Vis A
1950
Texas Company 3s deb
.1959
J-J
120%
F-A
111
J-J
F-A
1943
J-J
12
111
,119
89
>109
111
101
89
89
12
105% 105%
105%
24
105% 105%
...—1948
^
f 3'As series D——1960
Deferred
delivery
sale not
85
92%
il04% 106 %
104
■
_.
n
101% 102
M-S
U-N
98%
07 3A
98%
17
12
101
102%
97% 100%
Included In the year's range,
d Ex-lntcrest. e Odd-lot sale
Under-the-rule sale not included in the year's range,
t Cash
not
sale
j^ot Included in the year's range.
INegotiability impaired by maturity.,
tThe price represented is
pound unit of bonds. Accrued interest payable at the exchange rate
the dollar quotation per 200of $4.8484.
104
26
*101%
122 '
.105% 108%
~7
*103%
A-O
M-N
120%
*108% 107
J-J
1965
120
-
110'A 114
100% 103 '/a
■
116
*„.,
J-J
Included in the year's range,
50
28%
33% " 41%
102% 102%
1945
Tenn Coal Iron & RR
gen 5s
Terminal Assn St L 1st cons 5s
debentures
Texas 4NO com gold 5s
84'A
33'A
104% 107%
1953
conv deb 6s.
Superior Oil 3 Vis debs—
3s
75
126
72
93%
.1961
debenture-
Swift & Co 2%$ debs—
61%
,88
46
Southwestern Bell Tel 3 Vis B—_—1964
■
ARef & gen 4'%s series C———1978.
i A Wabash Ry ref Si
Winston-Salem S B 1st 4s———I960
J-J
...1996
1st &
68%
246
St Louis Div 1st gold 4s_.—1.951
,
73%
56
Devel Si gen 6Vis___ 1
t
50%
50
,54%
South Pac RR 1st ref gtd 4s—1955
Southern Ry 1st cons gold 5s
..1994
';
Devel & gen 4s series A—
1956
&
5
55%
j
Devel
261
70
M-S
San Fran Term 1st 4s
t
75
,
1977
....
Gold 4Vis
10-year
72%
68
.'
Gold 4Vis*.
'
75
70
J-D
..1949
(Oregon Lines) A.!
■
489
84%
34
27
10%
■
765
16
15%
M-S
14
48
15%
A-0
.1945
''
44
36
'
123% 125
■
.
28
A-0
deposit
series A._;
6s
45%
Apr
129
46
36
83 y»
84%
Apr
'
101% 104 %
'
A 1st
J-J
..1991
4y»S ser B_
A Ref Si
*121% 124
U-N
..1959
§ ARefunding 4s___
.
AGen mtge inc
tSeaboard Air Line Ry—
<'
j
101'/a
100
100
1st Louis-Southwestern Ry—
'
1
100
..
..
May 11952
11952
Virginian Ry 3%s series-A
I
100
May 11953
2.65s
77%
J-J
of
deposit——.*,....
A Cons M 4Vis series A—
—1978
100'A 100'A
101'A
...
M-N
.—Nov
Vandalia RR cons g 4s
t ASt L-San Fr pr lien 4s A
,.1950
A Certificates of
deposit..™—*—.•
*99%
60
United
77%
■
\
>
50
19%
deposit.
of
tASt L Peor & N W 1st gtd 5s._—1948
St L Pub Serv 1st mtge 5s—
96
105
300% 100%
V
*09%
May 11950
———
2.60S-—
*50
78 Vi
69
90% 100
104
..
*101'/a 102'A
*101.
101%
—•_
—
Utah Lt & Trac 1st &
1
I,
106
55%
*53%
A-0
M-N
103% 107
49
82
99'A 100
*99%
99
99
102'A 106
—
95'A
e94'/e
—NOV ,11950
——:
2.35s
91% 100%
99 %
99
J-J
4s*—.—1933
2
99%
2:10s
9%
Mtn & Southern—
ASRiv Si G Div 1st gold
,
.051/3
;
*106 »A
A-O
M-S
2.05s
2 2'A
4%
j-j
1996
——
95 Va
2
106% 106%
J-D
A-O
2.55s
1966
14
97%
97 '/a
1952
2.50s
Saguenay Pwr Ltd 1st M 4Vis
11'A
101
107% 111
97%
97%
97%
97%
1953
2.45s
St Jos St Grand Island 1st 4s_.—.1947
St Lawr & Adir 1st gold 5s——1996
96
47
107% 108
107%
A-O
U-N
.—1955
(Del) 5s...
2,40s
t
111%
6
99% 103
*100% 100%
J-J
1.125s
:
29
10
10%
A-O
,108
103
103
J-J
1.00s
109%
215
23%
9
nvi
i06%
United States Steel Corp—
Serial debentures
106% 108%
*107% 110
23'A
debentures
United Drug Co
129%
J-J
105
64
111
M-S
M-S
..
*116
103
United Cigar-Whelan Stores 5s_
63
60
29%
M-S
M-S
F-A
U N J RR & Canal gen 4s—.
58%
Vi
81% -92 'A
99% 101%
110%. Ill
A-O
United Biscuit 3'As debs*
101 %
27
60
A-O
'14
Union Pacific RR—-
97% 103%
>60%
J-J
90
12
106%
1945
1959,
1st & land grant 4s
...1947
34-year 3 %'s deb...—::
.—1970
35-year 3%s deb*,—..L—„......1971
Ref mtge 3M8S series A
....
1980
82%
79
*100% 102
J-D
1st gtd 5S...1939
IfARio Grande West 1st gold 4S..1939
A 1st cons & coll trust 4s A__—1949
Roch Gas & El'4Vis series D——1977
Gen mtge 3%s series H.ij——.1967
Gen mtge 3Vis series I—.—.—1967
Gen mtge 3 Vis series J--—
1969
1§ar I Ark & Louis 1st 4Vis
1934
tARiit-Canadian 4s stpd
.—^.1949
90%
'
H-N
3s
89%
101% 101%
104% 104%
101 Vi
M- N
"
91%
U
102% 102%
M-N
M-N
80%
*116
J-J
J-D.
105
78%
102 Vi
91%
*100 Vi 101
Tri-Cont Corp 5s conv deb A
89
J-J
22%
98% 101'A
87 7A
91
J-D
Trenton Gas & Elec
78
J-J
*84
A-O
1st gold 4s—1946
1st gold 5s!
1949
t§AUnlon Elec Ry (Chic) 5s...
J-J
63
12
2
Toronto Ham & Buff
'8%
80
Union Oil of, Calif 3s deb..
—1997
.—1997
Gen & ref 4%s series B
47%
75Y
'
Tol Si Ohio Cent ref & Impt 3%s._1960
Tol St Louis
West 1st 4s-..^_l_i950
221%
108% 111%
110% 110%
,—.1956
Gen & ref 4 Vis series A___
Remington Rand deb 3 Vis
23'A
90
R
1951
65'A
101% 101%
Union Electric CO of Mo 3%s.....jl971
Reading Co Jersey Cent coll 4s
96
63'A
'21%
J-J
....1943
102% 104%
103%
.
70%
58%
216
J-J
89 %
*102
•
64%
22%
A-O
Jan 1960
8 A Third Ave RR 1st 5s ext
„
4
143% 144%
—
A-0
A-O
High
98% 102%
1979
108% 111
10
26
1980
105% 106%
110
110
*105% 106
J-J
3
,
1977
....
AAdj Income 5s
107% 109
J»l!}
Low
No.
B.......
series
series
Range for
Sold
D
ref 5s series
5s
Bonds
High
101 % 102
102
J-D
2000
Tex Pac Mo Pac Ter 5'/is A
93
105% 107%
f
7'A
MS;
.1972
1st & ref mtge 8s._
Public Service of Nor 111 3Vis—.* -1968
.1948
Purity Bakeries s t deb 5s.—
&
Gen
120
rr-.--rm
.2037
—-:
78%
♦--*
95%
95%
J-J
.2037
1st
,
'
■
.1968
-
,
58'
92%
.91%
92
*106
,J-J
J-J
-1956
4s
Public Service El & Gas 3 Vis
Low
108
--
F-A
.1977
Securities 4s
118
J* '
'
Last
Sale Price Bid & Asked
High
Gen & ref
1960
1st-mortgage 3'As..;
Pressed Steel car deb 5s..*..—.,.1951
t A Providence
—
Period
Week Ended Jan. 8
J-D
-1950
—
1st M 3Vis
Pwr
107
.
'
'
*101
——
1977
Portland Gen Elec
Potomac
J-D
1942
Low
No.
Interest
New York- Stock Exchange
for
' Range
Sold
Sale Price Bid & Asked
Low
& Ash 1st 4s ser A.„..1948
..1962
5s series B_.
1974
5s series C—
——
Bonds
Week's Range
or Friday's
Friday
BONDS
Week's Rangb
Last
106 Va
99% 101%
ICompanies reported as being in bankruptcy, receivership, or
securities assumed by such companies.
bid and asked prices; no- sales being transacted
A Bonds selling flat.
reorganized under Section 77 of
the Bankruptcy Act, or
X Friday's
during current week.
Volume '15?
THE COMMERCIAL &
Number 4141
FINANCIAL. CHRONICLE
14!)
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
and
deferred
footnote
in
In the
a
following extensive list
the
week
in
AND
YEARLY
RECORD
delivery sales are disregarded in the week's range unless they are the only transactions of the week, and when selling outside
which they occur.
No account is taken of such sales in computing the range for the year.
furnish
we
complete record of the transactions
a
the
regular
weekly
range
are
shown
the New York Curb
on
Exchange for the week beginning on Saturday,
Jan. 2, and ending, the present Friday (Jan. 8, 1943).
It is compiled entirely from the daily reports of the Curb Exchange
itself, and is intended to include
every security, whether stock or bond, in which any dealings have occurred during the current year.
I
STOCKS
New
York
Curb
Week's
Range
Sale Price
Low
Par
Acme Wire
Aero
Co
Air
Mfg
Aircraft
Air
Investors
Low
Feb
Mar
21 %
Dec
Bohack
Jun
5%
Oct
17c
1,600
'5%
4%
5%
1
5
100
5
.
4
Jan
6%
Dec
500
3%
Dec
8%
Feb
1%
5
Corpi.;
4%
Jan
__i50c
Air-Way
Electric
Great
Alabama
Power Co
$6
2
Oct
Dec
$5
Alliance
Allied
Class
A
102'/a
140
89
Sep
107
Feb
Bridgeport Gas Light Co—.—...
6%
20
79
Sep
97
Jan
Bridgeport
1
—
2%
_*
%
10
24%
25
25
24
24 %■
Mr
100
83
Jan
3%
Jan
Goods
Industries
Aluminium
6%
.100
...
Aluminum
j
•_
common
Ltd
Mfg...'.:
20:
American
Brill
Dec
American
Book
Co
Box
Common
class
Brillo
107%
Dec
British
American
Oil
114%
British
American
$5.50
prior
American
preferred..________
Cities
Convertible
13%
200
12
86
87
450
65%
Sep
50
90%
Jan
Class
&
103% 103%
20%
21
Mfg
American
Fork
Gas
4% %
$2
convertible
American
Hard
American
.....
American
80
7,000
l7d
%
"is
300
8,300
82% Mar
3%
...1
3%
29
Associated
Atlanta. Birm
Dec
Voting
18
Jan
Caiamba
22
Apr
Nov
Callire
18% Mar
3,100
7% Mar
150
21
%
26
%
64%
3%
60
•
Rayon
Atlas Corp
Atlas
Atlas
4%
"is
6%
4,500
1%
3%
100
2%
2%
500
2
2%
1,000
2%
1,200
II
3y0
91%
1%
97%
33 V2
•
•
__i
1%
900
1%
1%
6,400
%
8%
8%
8%
1,400
10%
11%
Class B
Jan"
•
7%
Capital
3%
Nov
Cavn">an
Jan
Jan
Jan
Carnauon
*
1%
Dec
9
Jan
.|
103% Jan
1%
Nov
Carter
preferred
16%
16%
Co
Stainless
Barlow
Si
Seelig
90
Catalin
Corp
Central
4%
Jan
4%
Nov
Central Maine
Jan
Central
New
Ohio
Oct
Mar
Jan
50
22
100
3
900
;
5%
5%
Dec
v.
Va
Feb
I''!
%
67
Sep
Nov
109%
Feb
4% July
Jan
35%
Oct.,,
Jan
4%
NOV-
%
Aug
12% May
Jan
7
•
I.. 3Q
common._I.IIII l
Steel
29%
-
_
5
Corp
Aircraft
Gas
York
Hedges
&
$2.50
preferred
Birdsboro Steel Fdy &
Blauner's common
Dec
; 4
Apr
5%
Sep
W)
common
«6
For footnotes
see
page 153.
*
$6
$7
Controller
28%
Jan
Claude
4%
Jan
Cleveland.
27 %
Dec
33%
Jan
Cleveland
Feb
x4%
Oct
Clinchfield
Va Aug
1%
.'*■
Neon
3
1,600
'
—
15%
—
Oct
%
Nov
12
May
5%
134%
Jan
xl9%
'
39JA
Oct
V.--
20
6%
Feb
Apr
Apr
225
35 Va May
99
Apr
111%
;
-
..
..
May
A Mar
8%
90
Apr
103%
Jap
Feb
8%
Dec
--
-1,500
'
4%
6
,
4
—.1
15%
100
2%
6%
3
42
Mar
%
14
2,000
6
—
6%
1,400
Jan
Dec
7
s
7%
14
2% May
5%
90
87
X86
'
87
170
7%
Jan
Jan
Dec
Dec
Dec
3%
Oct
Apr
72% May
7%
111
Jan
Jan
Dec
87 Va
Dec
7%
100
15(T
%
2,300
Va
Dec
7%
8%
2.000
7%
Dec
13
Apr
2% Mar
4
Dec
7
4%
4%
Jan
8
85% May
8%
107
Jan
Jan
Va
Jan
100
3%
4%
Dec
10%
Jan
...
80
81
150
70 V*
Apr
83
Jan
66
65
66
200
47
Apr
65%
Dec
x4%
Feb
—_L.—5
.....—5
1
Jan
6% May
6
Jan
A Mar
__
4.C...100
9%
9%
13%
2,000
10
4%
3%
4%
14,600
*
—
53%
51V4
54%
1,150
._*
preferred
4%
4%
100
...
6%
Sep
2% May
27
Apr
2%
Apr
Jan
14
Feb
3%
55
Dec
Feb
4%
Dec
28 Va
*
>;
• /1
76
10
40
Apr
82%
Jan
75;,
-:
Sep
76
.1
75
20
40
Apr
82%
Jan
Jun
4%
*
....
Coal
Aluminum
9%
Dec
Cockshutt
3%
7 Va
Jan
Cohn
Jan
4%
Feb
Inc..—....
Mfg—
Electric
3%
10
6
13
__
14%
-%
100
Plow
Co
Co.
July
11
Nov
11%
Oct
Columbia
Oil & Gas—
2,100
3%
4
1,600
115% 116
60
1%
Jun
4%
Nov
Commonwealth
Si
Arms
37%
37%
"o
3/_
%
52, Jan
Jan
6% Mar
15
Mar
Southern
Aug
117
Mar
Community
Public
Jun
Community
Water
Dec
V*
Feb
5
Mar
35
Jan
4%
Sep
6%
Jan
7%
Dec
1%
Dec
3%
1%
Jan
4%
2,300
4% Aug
7%
Apr
2%
Nov
2
Mar
4%
Dec
1
1,100
4
Apr
Va Mar
6Va May
1%
May
2 Va
51%
1%
27%.
51%
50
46%
Dec
72%
Jan
24
27%
970
15 V*
Sep
34
Jan
A
800
%
Apr
1 Va
1%
%
800
.,
A
1/64
A
4,300
25
15%
14 'A
15%
250
is
100
Service
1%
1/256 Mar
32
Jan
Jan
Oct
Compo Shoe Machinery—
34
Jun
%
37
%
Nov
Jan
V
t
c
extended to
&
Conn
Gas
Telephone & Electric
8"%
AUg
Dec
39
Sep
Conn
5%
Dec
8
Jan
Consolidated
5
Jan
Consol
2%
Apr
9%
Dec
16%
Jan
& Feb
1 %
Nov
Mar
40%
Dec
-
1,600
27
G E LP Bait
4%%
4%
Biscuit
1"
1946
Coke Secur
Jan
10
37%
200
2,900
warrants..
Service.^
34
Sep
% Mar
l
Mar
Apr
Nov
21
3%
25
101
1,600
1,700
7
V«
100
:
29%.400
6
1%
preferred.100
30
•
29
•
warrants..
6% May
9%
7
1
Gas & Elec 5%
8%
.
common
Airlines
Fire
%
4%
29%
•
Rosenberger Inc
Development ordinary...,
Patent
%
„,
100
&
Colonial
_*
•
Corp
Utensil
1
4
Illuminating..^
Tractor common
6% May
Dec
Lights
& Lambert
Columbia
39
38%
_.
1
Colt'?
n
2% Aug
Nov
500
50
39
600
200
—
com.....*
Co
Feb
%
%
9%
*
L
&
P
Sep
39
121
U
9%
-
preferred.100
5% pi'd_.100
preferred
Auto Stamping
& Suburban Homes
Jun
600
11
2% Mar
;
-*
preferred BB
Cities Service
Dec
4%
10%
Nov
—;—10
preferred
60c preferred B.._—
8%
•
Dec
3 Vb
Mining..—I.
22%
11
22%
Jan
100
Dec
I_IIIIHi
Jan
2%
—.1
Eleo
$6
2%
___»
:__
15 %
pfd
Apr
Ridge Corp common...
I.Il
$3 optional
convertible preferred
•
Apr
25
—_i__^.25
Consolidated
17%
I' "
Mach~Co" com"I*
Blue
Mar
Oct
Cities Service common
Dec
9%
%
Dec
2
Jan
Jun
—: •1
Light .7%
6
•
I—IIIII
A July
1% July
19
Co——__..l
21
FurnitureIIIIIIHIIIHi
% Aug
77%
—38%
ChOds Co preferred..'.
Nov
common
Convertible preferred
Berkey & Gay
Bickfords Inc common
1 Va
18
1
10
commonllllll]
H~ll00
I
•
1,600
Products—
Steel
20
9%
1%
5
.
Power
Oct
4%
3%
of Canada
&
&
Dec
16%
_i
1
Dec
3%
% Mar
-*
Feb
37%
2% May
1%
1
Shaft Co
Chicago Rivet & Mach..
Colon
_
Dec
1%
:——.10
3
Mar
4
4%
U
200
__
3%
19%
May
9%
1
"
"Ludwig"
Jan
77% Jun
A,—
Colorado Fuel & Iron
Bellanca
(E
II
Dec
%
100
Chicago Flexible
Club
Mills Inc common.
.$1.50. convertible
preferred""!
Beech Aircraft
Bliss
4%..
%
1
%
'
Chief
19
2,200
:
Jan
% Aug
100
,%
■
1%
South West Utilities—.—50o
100
29%
3%
]§
Mfg—
Beaunit
Benson
29%
i
Brummell Ties Inc
Bell Tel
2%
%
.
V2
1%
...
Power; 7%
Power
&
1,100
20%
2%
%
1%
....
Chesebrough Mfg—
Clark
19%
Jan
12 Vb
20%
1,000
.10
of America...;
A'rcraft
Clayton
convertible A common
Basic Refractories Inc....
Beau
20
91%
8'A Mar
100
.9%
Alcohol—
Charis'Corp common
Cherry-Burrell common
City
2%
_____
Jan
11% Aug
9%
,y.
Chamberlin Metal Weather Strip Co__5
Jan
300
5%
Oct
15 V8
5% Aug *
6IV2 Sep
NOV
10
200
41
Central
Central
Cessna
% Mar
100
4%
13
Nov
3
12 %
41
Apr
Apr
Assn—
Co.
Hudson
3%
%
16%
750
Oct
4Vb
42
Dec
Dec
NOV
4%
•
Dec
Jan
...
&
6
300
28%
Apr
135 Va
Sep
14%
Sep
Co common
9%
1%
common
$1.20
Baumann—See
84
-.
i".
Products
2% May
-5
,
,
Rubber
Barium
for
(J W)
(A M)
Cff.y
Baldwin
82
10,800
Light $7 preferred..*
preferred
.—.—:
Corp common...........—.1
8%
'
8%
8%
$6
Castle
B
warants
11%
Carolina Power &
Jan
.....
Purchase
10%
Carrier
Casco
5
6% preferred
_JL., .25
Axton-Fisher Tobacco class A com .10
Ayrshire Patoka Collieries....
-1
7%
11%
400
A
common—
Nov
106
%
4 Vb
40
2%
:.r«i
CO
Jun
.100
4%
Jan
'
39
Ltd
class
Co
Nov
% Mar
28%
11%
\
%
—___•
Class B
Apr
47/a
__
•
Si
2%
1%
60%
%
Oct
% Jan
3,100
39
Products——__*
City
6%
.100
28%
Oct
80
May
'
.1
Canadian Marconi.
2%
.
Nov
Apr
.
9%
.
II .50
,1111 ...1
...II_~~
common
.Ills
Aug
6%
20
voting
noil
Apr
A
Corp
12 Va
Jun
Industries Ltd—
Central
3%
Jan
1%
i.50o
Power—...
preferred
Dec
2% Mar
3%
Feb
7%
......50c
voting
Apr
75 % Aug
£1
...1
Jan
1%
100
'
Corp
Industrial
200
5
2
2,900
46
.12 %c
Insurance
1,100
4%
'it
Nov
2,000
1°6
...2.50
...
certificates
1,000
5%'
Dec
1%
'
Nov
11% July
Co..
Babcock & Wilcox Co..
Baldwin Locomotive—
Fire
A
2%
6%
5%
Dec
11%
5%
50
participating preferred.
61%
U SeP
~1%
11'A
13
Jun
2%
Am dep rets...
Cement Co
Class
Apr
Jun
;
1%
Canada
& Sons common
7%
Apr
7% July
99% ;
1 %
Oct
Oct
Jan
"
700
1%
common
8
12%
83%
Sullivan
Electric
Canadian
Jan
2%
Apr
1% Mar
,400
3.600
99%
Products.......
II IIIi
Voting Machine_.I._.I
Automatic
Feb
3%
pfd—.lQO
Drop Forge
Plywood Corp...
Automatic
Dec
2
■■
Deo
1%
6Va,% pl'd—100
Canadian Car & Foundry Ltd—
61% Mar
3%
2'A
warrants
Avery (B F)
%
27%
64%
........1
Atlanta Gas Light 6%
preferred.
Coast Fisheries
Atlantic
Jun
Aug
May
6,500
2%
Jan
39
2%
Coast RR Co pfd
Line
Canaua
Jan
2%
5
common..„~5
Refining Co___„_I___l
Coast
Nov
85
A
175
•
Jan
14%
100
preferred..........^—_•
trust
Camden
26%
Xl8
200
47-%
7%.
31Va
6%
13
Jun
Mar
5%
♦'
...
Sugar Estate
Canadian
2
class A
26% July
Apr
800
%
21
46
5%
non-voting
x30%
Jan
10
25
Tungsten
18% Mar
50
20%
common
Pwr 4%%
Feb
■
5
Cable Electric Products common
79%
•
Atlantic
Atlantic
$3
California
13%
400
13%
preferred!
of
33
13
...
Va
14%
55
.Tan
Apr
21%
26
Oct
Jun
Nov
Nov
„
11
21
26"':.
%
Jan
,20% Jan
104
'
13%
3%
12%
5%
1
common
common..
&
Burma. Corp
27% May
14
Corp
&
Dec
Inc
25
33
....
& Tel
2%
1
preferred.....
Hill
Burco
Nov
13%
.
Apr
Jun
Nov
33
Industries—
dep rects reg__
Tel
1st
Bunker
Jan
.3%
Associated Laundries of America.
Associated
$5
Nov
31
Electric
American
Co
13
•
preferred
1% May
'24% May
14
•
Paper
Associated Breweries
$1.60
25
.
33
Works
&
.1
common
Pipe Line
Buffalo Niagara & East Power—
July
12%
Apr
I
6%
preferred
io
Arkansas Power & Light $7
preferred.*
Oil
400
29
Feo
60
11
__10s
"Bruck Silk Mills Ltd....
%
13 Va. Apr
1,050
10%
Jan
40
tT r"\:'
..
Co
41%
Jan
12%
....
A
Equipment
3la
97
*
common
5%
%
36
July
28% May
20%
::io
Arkansas Natural Gas
Ashland
iV Sep
35
19%
1
.....
Art Metal
1,800
.100
Angostma-Wupperman
Apex-Elec Mfg Co common
Aro
Feb
12%
Chemical
Fence.:
class
6%
93%
A
Common
Jan
3,300
.
Elec
4 Vb
97
preferred...
Appalachian
(E L)
Dec
u
..20
preferred
Writing
Bruce
Dec
2%
Thread
Oct
17%
-.2
Post
80%
I t
13
/,/:
preferred
Jan
17%
40 %
Dec
2'A
V4 Mar
___£1
.
Distillers—
Rubber
Apr
37%
22
Jan
150
--
...—...£1
reg.
Ltd—
preferred
Brown
Apr
Seal-Kap
American
A
Forman
Dec
4
37%
21
American
Class
13%
20%
Co
45
__
,.*,
dep rets ord reg—
Jan
4%
Superpower Corp common..*
Anchor
ord
rets
7%
200
American
$6
$6
450
American
1st
Dec
..25
Republics
$6 series
-h
16
%
Meter
&
Co.
Fence & Wire
Brown
...
■
Potash
Nov
...
Mach
Preferred
American
Brown
Nov
%
600
37%
Light & Trac common.. ..25
6%
preferred—
-25
American Mfg Co common....... .100
American
44%
*
Celanese
Amer
24% May
16%
common.. .10c
preferred
Maracaibo
dep
5/8
100
38'A
American
American
12%
Dec
May
1%
■..
dep rects ord bearer
Feb
..10
Rubber Co.
Laundry
%
Sep
Am
Am
Dec
15%
common...
Corp
Jan
3
52
.
preferred
8%
May
'
A.
British
Nov
Jan
.100
General
Dec
104
15%
16%
.„1
..10
Electric
convertible
$2.50
A.J*
preferred.
American
Nov
3,100
common,—
Burry Biscuit Corp
Hoe
&
Si
Oct
Dec
10%
100
—100
Buekeve
...
American
;Sep
,
3%
200
"5% "£%
.25
class
Co
65 %
-10
non-voting—__i
Foreign Power warrants..
American
4 %
12%
5%
;
Cyanamid
7
89%
Apr
19
100
Dec
A Ju]y
%
Nov
12
B
preferred
%
4
.25
.„
......
Class B
3%
,T-
Lightf-
Class B
American
13%
A Apr
_•
A
A
May
4%
87
Mfg...
Power
class
3%
3%
%
500
3%
A
Sep
Sep
7
5,000
8%
7%
i'e May
1% May
A Jun
4% Jan
..
•
Central
12%
May
Tobacco—
13%
..10c
_
preferred
American
100
Jan
Apr
99% May
_1
common
B
~2%
5 %
% July
Dec
1 %
78%
Capital class A.common__10c
$3
200
1%
24%
150
100
American
American
Co
6%
A
Class
850
_„1
common
Board
Mar
100
class
Corp
17c
105% 105%
100
Beverage
34
19
Machine
Dec
106% 106%
•
....
-.1
Dec
105%
*
common...
common
Dec
11%
7%
__i
26
Sep
106%
•
preferred
common.
Aeronautical
Preferred
8% May
\
Corp
Brewster
Mar
May
17
75
Breeze
1% Aug
.■
Dec A
% May
.__*
common.,
Aluminum
22
*
91%
•
...
preferred
50
*
91%
102
.*
% May
Class
Aluminum Co
Dec
23%
"2%
2%
12%
10
Dec
47
6
!Ioo
200
Dec
3 %
May
23%
23%
Lgt & Pwr
1%
__
conv
common
72%
70%
6 %
33
preferred.
Traction
High
Sep
20
•
1%
Intl Investing $3 conv pfd
Products (Mich>___.______
Allied
Low
46%
•
1st preferred
Brazilian
iV Jan
Range for 1942
High
46'A
..25
72%
common.
Investment
.100
—
Inc
2d
Low
1% Mar
1st preferred—
7%
28
$7 preferred
preferred
Shares
4
50
Southern.
Alles & Fisher Inc
for Week
Si Co
,___._«3
Appliance
Sales
Range
of Prices
Co common
Bowman-Biltmore
2% Sep
May
19%J(uly
1/64 Nov
(S)
(H C)
Bourjois
2
Warrants
Week's
Last
Borne Scrymser Co.......
10
...
Friday
Sale Price
Exchange
Par
20
.4%
Curb
High
Blumenthal
__
preferred..
Alabama
York
Week Ended Jan. 8
-
1
(N Jl.i
common.
Convertible
High
for 1942
22 %
common
Accessories
STOCKS
New
Range
Dec
______1
Associates Inc
■mill
16
,
B
Ainsworth
II
I
10
common
Supply Mfg class A
Class
Shares
■■■
for Week
ol Prices
Last
Exchange
Week Ended Jan. 8
mi
Sales
Friday
fs
1
common
Corp
Co
common
7%
8
500
•
series B preferred..
100
preferred series C_____-
2%
2%
2%
57%
1,300
Gas
Utilities.,
.1
"%
1,000
Jan
Jan
9% Mar
Jun
'A
Sep
Jan
1
3'/a
Dec
Jun
2%
115
56%
2%
111
115
2V2
80
Oct
57%
2,800
Apr
115
Dec
Oct
96% Mar
57%
100
Consolidated
7
A
1
18
Apr
Oct
A
*
1
Mar
13
104
Aug
39% Mar
IO6V2
1
Va
f\ 1/
Jan
..Monday, January 11, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
7i
NEW YORK CURB EXCHANGE
Week's
Sales
Last
Range
for Week
Exchange
Curb
Lotv
Par
_•
.
preference———— ZZZ*
ZZ*:
Co_
__
'.lie
Cornucopia Gold Mines
1
Corroon & Reynolds—
*
$6 preferred A—
:
C
Milner & Co
Cent Petrol
fMd)
Cork International
Crown
$6
ft
Tobacco
Lighting
Inc
Glen
Jan
Godchaux Sugars
Jan
2
84
Mb
6,000
3*2
A
'
2V4
7 "Ma
600
lMa Sep
Nov
200
n
ft
4Mi
Jan
7 Mi
Dec
Gray
x%
Apr
1
Sep
Great
18
M4
•
■,
,
4
1,600
n%
11-
11%
21
Jan
Mi Mar /■
100
"V4
■
—.
Dec
8 Mi
Mi
8
Jun
2
Ma May
10
Oct
13
25
Aug
Hall
2%
Jan
Dec
50
15
"l% "l%.
50
50
Durham
Hosiery
Duval
Texas
50
ft,
37
x8%
Apr
IM2
Jun
493/4
Feb
8Mb
4
9
Dec
Hazeltine
1
Ma May
lMa
Feb
10%
14
300
Ml
2 Mi
Jun
100
2
2
14 Ms
.
3
600
3%
56%
24
10
290
24
/
52
100
57%
20
Jan
Co
Jan
4%
Nov
May
4
Oct
Apr
Feb
2
83
Jan
58
,
134 Ma: Nov
Jan
ft
Jan
2 4 Ma
500
28%.
Dec
".5Mb
53/a
35%
Jan
l3/4
5 Mb
100
300
2
%
V.
7 Ma Mar
Jun
1%
Feb
Dec
Oct
Apr
108
Jan
92 Mb
Apr
109
Jan
4
Dec
4
May
24Mb Mar
5,400
110
107 Ma 108
107 Ma
39
91
383/B
373%
38
2Mb May
>•
Preferred
————-—--«
Holt & Co participating A_.
Heyden
67
Jan
Hoe
2 5 Ma
—
33/8
Oct
Hollinger Consolidated G M—;—.
Holophane Co common—;.—
Dec
Horder's
9
Dec
Hormel
Feb
1M4
6%
600
Feb
Inc—
(Geo
Jan
8%
6 3/4 Aug
800
7%
7 Mi
lMa
Jan
43
'/a
600
41
Apr,
52 Ma
Jan
20%
1,275
17 3/4
Dec
33
Jan
20
20 Ma
50
163/4
Jan
common
n
:
-25
.
% May
400
1
Co common-—-—
(A
C)
&
preferred series A
$6 preferred series B
12
Dec
9 Mb
Dec
17
450
38
Oil
t
c
l.
Jan
7
Dec
Oct
Ma
12
Dec
Jan
65
Oct
88 Ma
-10
16Mb
16
16Mb
500
12% July
17 Ma
Jan
:' 7 M4
900
7%
Dec
17%
Dec
12
Jan
6 Mb
•
18
■
18
.
Oct
Apr
Jan
■/.y
100
>;
5
12
12
.—5
•
29
2Mb
Dec
27Va
Jun
Jan
107Ma Aug
153/4
„
»
14 Ma
60%
5
60
Dec
12 Ma Aug
15
Z /Jan
3%
;
5 Ma
Jan
6
23/4 Aug
1,000
Mar
4% Dec
'!■' Mb Feb
«
A
8
A
ft
4 % .Jan
100
a
Oct
62
Mar
46 Ma
2,000
61
,
113
150
153/b
3
.5
Co—-_i—
3 Mb
Jun
21%
900
253/b
24
24
-
31% Sep
27 M2 Mar
60
29 Ma
Ma
ZZZi
1st preferred—:—.
for
9
Jan
"24
Jun
3% Mar
500
Huyier's common——
V
Jan
63,4
76
Corp.^L—
Ligonier
Hussmann
10
5 Ma Apr
75
Refining——1Fibre
Jan
75
(Harvey) Inc—————
&
Jan
10
Aug
20
_•
preferred—;
Hummel-Ross
Oct
6%
7% Aug...
200
Jan
31 Mb
3% May
Z100
Humble
Jan
Dec
Feb
9% Sep
*.
Ma July
9 Me
100
10%
n%
11 Ma
1,500
43%
„l5
Hardart——
Hubbell
Dec
Mb
17
31%
10 Mi
0
$7
4Mb
4Mb
Jan
2Mb
25 Ma Mar
*
.
22 M» Mar
h Dec
•
Corp
31
31
-'.Nov
4
2034
Dec
100
-
-25
& Co common—.
Horn
19%
.
Apr
1Mb
.z_*
—
A)
Feb
1 Mb Aug
1%
%
2M2 May
'.14% May
31
Jan
Jan
13
;
500
1%
VA
•
l3/4
Jan
46
„10
Chemical-———
(R) & Co class A
—
1Mb
•
~8
"8Mb
200
yv
Oct
70
Dec
M2
84
«„
...
.
19
Apr
May
40
—-r*
Jan
61
75
Feb
15
20
43
common——-.—-— —2
Co
Hewitt Rubber common-.
Jan
33/b
600
43/B
4Mb
42
6
Jun
7%
V\ Mar
300
3
Ma
2
-*
Iron—
7L;-',
100
27 Mb
28 Va
—5
^—50
-25c
——
Apr
19
42
Malleable
200
America B non-cot com—1
———•
Dec
20 MB
States
3%
124
10
25
——
Henry
7M4
July
1
preferred
33/8 Aug
68/
-5
—U
ft, Jan
-
66
66
66
*
common
5 Ma
43%
Eastern
19 Ma Aug
Rubenstein—
Heller
Mar
Feb
4%
—25
ft .100
Eastern
29
200
<
Jan
Mar
,
,
Paper-
Class A——
Nov
ft 10'/4
17% Aug
—.————*
Assoc
28
300
,
Oct
1Mb
Jan
3%
,
Oct
30
Oct
4:
22 Ma
293/4 July
prior preferred—,——. .100
Fuel
Mb
Dec
Corp„,
Mining
Helena
Sep
15
Mb Aug
3M4
300
5%
Hecla
Jan
7%
&
Feb
Jan
3%
22 Ma
3%
Jan
9
100
ft
Dept Stores common
convertible preferred—
6%
*
common
Hearn
18 Mi Mar
17 Ma Aug
10
Gas
Ma c!o
6%
32
•
July
92
Jan
5%
East.
Sep
Dec
30
L* /
100
Paper—
Hat Corp of
Feb
7
200
*
;
Oct
110
Mar
■
%
—1
Coal B
Lead—,
110
96
.50
Light
Hartford Rayon voting trust ctfs—1
Harvard Brewing :Co—
51 Ma May
Jan
7 Mb Aug
Sulphur
Picher
Nov
4M2
300
,—10
Horn
Eagle
25
275"
300
;.i.-v;
—
Co—
Lamp
39 Ma
1
class B
Oct
14 Mb
Jan
Brewery
Hartford Electric
2Mb Mar
Jan
<
105
————•
Duke Power Co_„
1
500
3 Ma
23% July
common
Duro Test Corp
14
-10
.
Harris Co——
Driver
10Mb
8,200
5%
.
96
stock
common,
York
Hammermill
common—
&
Nov
4M4
Nov
Jan
common——
Corp
45
.
H
15
Jan
18%
Products—————10
Steel
Dominion
Draper
J an
1
5 Mi
Nov
Feb
6M4
10
Steel
Bridge Co Ltd—
27/8
r5%
preferred———*
& Alabastine—
•
100
Detroit
Dominion
5
July
Jan
Nov
Dec
11%
Detroit
Co
9%
24 Mi
15
Gray Iron Foundry
,—1
Mich, Stove Co common—_1
Dobeckmun
I33/4
263/4
;
—
11%
*
•
-1
preferred without warrants—20
Truck
Jan
88
Apr
3
23
common—
Northern
Great
Dec
1
Feb
<
Jan
34Ma
103
% Apr
preferred
1st
24 Ma
preferred—
Detroit Gasket & Mfg——
Shoe
12.3/8
13%
class A———
,
1
convertible
Divco-Twin
41
Jan
Nov
-
Aug
•
Ma Apr
May
May
4
Gypsum Lime
Derby Oil & Refining Corp com
Diamond
Mfg
—35
common—
100-
Nov
Nov
7
July
86
,
25.
Greenfield Tap & Die——.—
V
Grocery Stores Products common—25c.
Gulf Oil Corp25
Gulf States Utilities $5.50 pfd—*
15%
5May
100
%
54
103 Ma
.
2Mb Aug
50
"i'3/4
f.4%
Greater New
1
$6 prior preferred——
50
8% debenture--—————100
Co
300
100
80
Rapids VarnishZ——
—1
Mfg Co—___:—:
————5
Atlantic & Pacific Tea-r- .•■
/
1°/r
Apr
1Mb
——5
*
3 Mb
3 Ma
21
Aug
6 Ma
-
5
convertible-
De Vilbiss
353/4 Apr
96Ma Jan
class A—
Non-voting
Jan
%
9
Aug
10
-2.50
Dejay Stores
——
1
Dennison Mfg class A common——5 '
Detroit
40
.
ft May
40
1% Oct
Dec
Grand
7%
.
—5
Petroleum common
Davenport Hosiery Mills.;
Dayton Rubber Mfg—
6%
300
preferred————i
$3
3 Mb
2%
7%
ZZ10
Darby
A
Ma
55 Mb
100
———
Gorham Lie
Nov
1,800
"IVB
.-25;
(Mo)
Oct
A
Gorham
•
common
Nov
$6
A
Ma
———_i—
preferred-—-—
Goldfield Consolidated^ Mines—
Goodman Mfg Co————
D
Class
B
Class
10% Dec
Jan
1
]25c
-
4%
19
Apr
ft. 4Mb Jun
:
lib
A
Mar
11%
1,200
Apr
52%
/
-
Coal-——
Alden
Sep
1%
2,300
Dec
ft
Jun
Jan
16 Mi
167/b
Oct
30Ma
103 Ma 103 Ma
55%
common———
——
Dec
10 Ma
73 Ma
July
Co__—_—;—
Dec
14
12
_»
•
Curtis Mfg Co
Gilchrist
Jan
1
•
67% May
common
Curtis
10
300
15%
ZZZi'*'-
—-—
Sugar—
Cuban
Jan
10%
15%
ft-'
,
Cuban
%
Preferred.,
Oct
Ma
(AO)
Gilbert
Dec
6
.•
Apr
20
Mb
preferred—..:
:
*
Georgia Power $6 preferred-—r—,—
$5 preferred
—
Sep
3 9 Ma
Dec
30 Mb
55
110
64
30
;
High
20
$3
Nov
9
Jan
400
1
13%
reg) _£1
common
Atlantic
n
13%
10%
Jan
160
ft
79
79
1
133/4
•
Oil Refining
preferred
„
Crystal
Apr
4%
■
Drug Co common
convertible preferred-
Crown
Jan
123/4
Range for 1942
Low
High
61
64
$7
—
Crown
88
is
79
"ZZi
Co!———:—:
Brewing
Croit
Crowley
31
1,450
">4 "%
—50
Co—
Liquidating
W
&
Apr
—
Petroleum-ft-,——;—
Creole
"5
'4%
5
Range
Petroleum common
5% convertible preferred
■Courtaulds Ltd—
American dep receipts (ord
,
WW
.
$3 prior
Oct
Jan
7% Jan
6M4 Jun
1,900
Jan
7 Mi
,
Low
pfd
100
General Public Service $6 preferred—*
General Rayon Co A stock
—-*
General Shareholdings Corp com
lft
$6 convertible preferred
*
—ft*
General Tire & Rubber 6% pfd A—100
Gen Water Gas & Electric common—1
Dec
1%
Jun
7%
.
"iV4 "9 Ml
Shares
General Outdoor Adv 6%
July
107
Jan
60
500
—-TV-
•
Cosden
Dec
3%
100
9%
9%
Cooper-Bessemer common——
Copper
76 %
76
■
9%
43/8
Mar
1Mb
-j.
for Week
Par
Nov
31 Ma
Jan
3
2,400
6'/a
5%
Ma
6
.-1
Cook Paint & Varnish Co
100
>
High
105
.100
7%
prior preferred
Continental Roll A Steel
3%
25 Ma
125
3 Ma
1
Retail Stores——
.100
8%
preferred———
-10
Consolidated Royalty Oil———
Consolidated Steel Corp
—
Continental Gas & Electric Co—
Consolidated
31%
31
Ltd-, .—5
Mining & Smelt
Consolidated
Sales
Range
of Prices
Friday
Exchange
Week Ended Jan. 8
Range'for 1942
Low
1
'
High
Curb
York
New
Shares
of Prices
Sale Price
Week Ended Jan. 8
Week's
Last
Sale Price
STOCKS
Friday
STOCKS
York
New
Jan
Mb Aug
»
Hydro-Electric Securities——
Hygrade Food Products—:—
*3% "3%
100
1
15'B
1,000
25
26 y2
300
Dec
3% Dec
Jan
2
3/4
.
Eastern
Sugar Associates—
v t c„
Easy Washing Machine B
Economy Grocery Stores
$5 preferred
Electric
Bond
Share
&
—1
—,
"2%
•
warrants———
Electrographic
'36 Mb Aug
63%
Jan
450
2% Mar
9M4
Dec
Illinois. ,Zinc
V
300
5/64 Apr
a's
Dec
2%
46,700
%
1,300
3 4 Ma
Aug
ft
48
43%
8M2
ft 8 Ma
ft
.-1
%
4
Eureka
25%'
4%
5%
■■
1,100
Inc
common
Jan
S3/*
Jan
Jan
81
May
150 Mb
Mar
155 Mi
Nov
Apr
1593/4
Sep
Sep
1683/4
89
Apr
18 Ma
Apr
25
Nov
Jam
6
33
175
133/a
2%
2%
900
2
25 Ma
25 Ma
150
19
'ft7
ftftft 7
2Mb
100
-v
Fairchild Aviation—
-1
7 Mi
Engine. & Airplane———-1
Fairchild
1%
Brewing—t
Fansteel
Metallurgical
Fedders Mfg
Fire
Florida
—•
Co
Association
Power .ft
7 Mi
...
7%
lMa
7Mi
...
Nov
2 2 Mi
Dec
23/4
Apr
Insurance Co of North
,25 Ma
Dec
Apr
7
Dec
7%
,
6% Dec
700
1Mb
preferred—
$3.50
series-iC—
10%
10-
10%
Light $7 pre'erred—*
10 M2
3%
Sep
81 Ma
82 Ma
68
200
Jan
454% Jan
44 Ma May
82
Dec
5
5 Me Mar
2,000
10
Jan
103
Sep
International
73/4 Jan
Am
dep
,:r";
Class$-1.75
S3.50
rets ord reg
Motor of
£1
A
non-voting
Class
B
voting—
Fort
•
——
Common
3 Ma
1Mb Feb
3,700
Indus
16
15%
16
1,400
,4%
16 Ma
Dec
10 Ma
Feb
IMh
—
convertible
2%
2 Ma
—
8
250
,
——
23/4
Jan
Home
Max
Co
25
Jacobs
'
T_*
Apr.
ft'77%
Aug
ft 13
Z"
•
'
f -'At*
;
4
No-v.
Dec
8
Ma- Apr
M4 Mb,Dec
8 Ma Mar
,:>
*
*
300-
/ 14 3,4 Dec
ft"/. 7.^ Dec
Jan
9
4
Jan
.•
-
.'
// ;% v -1,300
J-*
2
;
July
v
% Aug
:r
ft Feb
„
t
3 la. Feb ;
-v.
'
ZZ*
'Aug
'ft 10
22Ma May
■
.
,v3l
6
250
•'7Ma
'ZZi
3
-
300
3 Va
3 Mb
.
t
0
*
:■
ZZi
h
v»;
16
-
Mb
200
-
1Mb Nov••% July
Jan
?
"/15
; /Jun,
9% Mar
Dec
"•ft
r' 7 MB
Sep
7
•-
Oct
July
'
Jan
10%
375"--:
'
23 .'
Ma?
-.% May
,
Oct
Feb
: -Oct'.
8%
>
Dec
,
15"
•
*.
Mb
200
•
7%-'
Jan
-Jan
23b Nov
1Mb Feb
*1,300 •*1
■
-,
-.1 Mb -Jan
*
i..
',w
17 Ma Aug
Feb
-7%
<
1Mb July v
ft
M« Mar;
25
'14 Me
-tv;A|jry *_./ -j":
jk
-/ 26% Oct
/ Apr
'
10
9,600
'
Mar
(EM
'
Mar
40
3%
Feb
i,.-
; 2,800
,3%
vr
———i_*..
Jeanuette ..Glass .Co
Oct
12
jersey Central Pwr ft Lt SMa-'i,, pfd—100
35Ma Oct
.
,50
,
Aug
f./\.6%
7
*.
praf err,edL^-^n—
Mb
6 3%
1—100>--v69,Mb
CoLi—'
-r
66Mb'
Dec
33i
'
Nov
1%
:
'
'
40
>79'
••
/
.
Jan
88
Jan
Apr
95
J»n
Nov
12
Nov
61..' Aprv,"
,
f>8
/
.
11 Ma
—
Jan"
81
Dec
57
;;ioo :
30
69 Mi
: "
—
•J%/Jan
../iroct
v-'r ? "
-——__100
preferred
:
—,
-
—
common
fi8MB
'
2034 Jan
-
.
Power
12
1,500
:
V
55Ma
900
2-%
Chute—LJ——L_—; Ia
Superpower A——
Julian & Kokenge
Gatineau
Oct
'
200
;
Jan
1,050,
/ lMa
Irving Air
—
preferred-,
Dec
107 Mb
-ft26s':
100
;'/'riJ4 '/■'
Hosiery
Italian
53/4
Apr
Apr
2Mb Jan
Nov
Dec
12
183/b May
200
'
Jan
12
'50, j
.
9
•ft 14 ft Dec
Apr
86%
>f.
170/*?
-
.
;
13-/
I
'
Dec
Dec
July
1
300
——.
Equipment-1-—
Mills-——
Interstate Power $7 pxeferred-.i.—.
Investors^ RoyaltyuL_L—
—Lu_,
Iron Fireman /Mfg. voting trust Ctfs.
Nov
18
8 Mi Mar
participating preferredstock—
20
17
common
Co—
Nov
B—————
Interstate
2Mb Nov
Dec
15 Mb Jun
—
Froedtert Grain ft Malt
conv
Jan
May
Engineer-
(Peter) Brewing Co
Franklin Co Distilling
v-f
:,
70
•
M
,
T~_*'
preferred—___2__
priorv preferredi-—L———.
Interstate
f
'
$1.50 preferred
$3
Oct
8
Fox
Conv
Dec
16%
11
—•
——„——
Fuller (Geo A)
3 Mb
Jan
10
•
Worth Stock Yards—
Foundation
3%
Canada—
Class
73/4 Mar
•.
Oct
ft 10
International Utility class Ai—1-ij
Ford Motor Co X.td—
Ford
* ' ••
3 Mb '*•'
.50
Products-t——
IntemationaL Safety Razor: B/—_.
.
*71 %
3 Ma
•'/10
Jan
O 100
5MB
15Ma
;V?
"
,
Jan
-
1-———t 100
America—3-10
International Petroleum coupon shs
Registered -shares— -i—
Nov
23/4 Jan
Jun
6 Ma Mar
100
5
(Phila)—:
9 Ma
2Mb Mar
5%
8M2
International Cigar Machine——.
International Hydro Electric--' •; ••
.
Jan
800
,9 Ma
5%
Dec
;13%
May
6
Industrial Finance v t c common——1
Mb
Jun
-
,
9%
3
.
9001
3,500
10/.
Nov
25.% Dec
\
Mar.-
1
>
.-.•■■V.9
Apr
,9
50
,
10 Mb
Line—7Ma
Apr
Preferred
3,900
1%
7M4'
1
—.—
6,800
v
9:%
-aoao
9%
93,4
International Industries Inc-i_--i_ :_i
International Metal Industries A—
Falstaff
4,
.
;
;l92% >/!'v9l-T'' 92%
Indianapolis P & L 5 Mb % preferred-100
/ Indiana Service 6% preferred—.100 :,';;s':24 r'<:,■ 20% 24, A
24
24
20Ma
7%
preferred——
.—100
Jan
6,000
23
3
93/4
,
—
1%
ft May
16Mb
,
————--£1
.—;
Indiana Pipe
May
A
i7e
22 Mi
Ireland
.*
Nov
5
KS
t;.
Co——j
/Imperial Chemical Industries-*-;
Am dep rets regis^———.—£1
; Imperial Oil
(Can) coupon———»
./•'• Registered ■
——r-—_'—_■
Imperial Tobacco of Canada——^—5
Imperial Tobacco of Great Britain ft
Oct
85
82
—1
*
28
May
81
——.———
Eversharp
Feb
9
4Mb May
57
—
—50
•
Apr
Aug
Ma
20
-15
Empire District Electric 6%
Pipe Line common—
*
Jan
60 Va
4;;
"5%
,
•
"
4
Mfg———
pfd— -100
-100
Empire Gas & Fuel Co 6% pfd:
6Ma%
-100
preferred-,.
7 c,'o
-100
preferred——
8 Mo
-100
preferred
0
Empire Power participating stockEmsco Derrick Ai Equipment—
1-5
_10c
Equity Corp common
$3 convertible preferred———_ —1
—1
Esquire Inc—.
!—
Electric
2 Ma Nov
Apr
45 MB
-ft—
Elgin National Watch Co
Emerson
5,200
V
ft 2
X42
48
Corp
1.2% ,OCt
,
'•--.1%
Illinois Iowa Power. <Jo
_—' k ■ .'• /
5 c/o ..convertible preferred—^—'—50
Div ^rrear certificates
3M2'-v
2%
45 Ma
lis
common—.
preferred———————
$6 preferred.,
ft-———
Electric Power & Light 2d pfd A
Nov
3V2
Jan
2
1,000
3
10% May
$5
Option
2%
.
K
Dec
'
5%
preferred—
Mfg Co common
General Alloys Co
Gellman
52 3/4 May
"
.ft—
—
100
300
61
July
Ma July
1
Dec
it May
Mb
6% Aug
1% Dee
8 Ma
Nov
7 Mb
Keith (Geo E). 7%vlst, preferred__q,00.<.
Kennedy's , Inc——————_—__5-vft'
Ken^Rad Tube.it Lamp A„
_*
/. ft-r-?
Dec
Jan
.
Gen Electric Co Ltd—
Amer dep rets ord reg—,
General Finance Corp common
t5% preferred series A
—
General Fireproofing common——
Qen Gas & Elec $6 preferred B—
ftll5%'115Ma
ft
preferred—100 '»
;-
Dec
2
Kansas Gas & Elec 7%
15 Mb
"
Kings-Co. EigMHng 7t%, pfd/B__•_—100 v->,
..5% -preferred D—;l———L100/ t v—ft'i» "
Jan
102ya Jan
.
Kingston Produets—
—
if,
Kirby Petrolcufla^——————_1' -
20% 20 MB
ft'6%, 6%
AMa
5.Ma.
•
-
200
.
-
.
,
&
,4
Mar
-19*
300
14
1
— -
1.4
,
Jan
5% Nov,
53
,
.
Jap.
•39 Ma, Jap
*Apr
.
Jan
8
July
.■
Dec
10 Mb Mar,
iaM« Mar
-,27 Ma/Max.
}. '*■
ft f
'
200
117
111% Jan
40
,25,;
,
,
1%
Dec
2ftr! Feb
.
Volume
Number 4141
157
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
STOCKS
York
New
Curb
Week's
Friday
Exchange
Range
Sale Price
Par
Kirkland Lake G M Co Ltd.;
Klein
Emil) Co common
Kleinert (I B) Rubber Co—
Low
High
%'
LOW
%
400
Par
Sep
Sep
12 Va
Apr
Navarro
Jan
8%
Oct
Nebraska Power 1%
—•
Jan
4%
Oct
Nehi Corp 1st pi'd.——
7
Vs. Oct
10%
Feb
Nelson
99
Sep
—
,-100
92
•
—
92'A
140
Kress
81
National
% Mar
Jun
Radio,
Union
Oil
50
13
Brewing
13
41/4
—
52%
Apr
12% Feb
2% Apr
200
100
4>/4
Lake Shore Mines Ltd.—
1
8%
Lakey Foundry & Machine—i,
1
2%
Lamson
5
of
Corp
x
Delaware—
Lane
Bryant 1% -preferred—
Lane
Wells Co
B—_,
17
Feb
New
Feb
(Herman!
6%
4%
Nov
$2
Oct
,
II100
preferred
New
Mexico
Jan
102
July
N
Y
7
Nov
N
Y
&
16
Nov
N
Y
.
.
2
N Y
$6
24%
25%
3% May
2,900
125
Material Co——*^...5
Lipton
Lit
(Thos J)
Inc
it Jan
20
July
500
5
12%
6%
7 %
preferred class B
*
preferred class
6%
i
&
12%-
6 'A
6%
21 'A
22'A
•
5
13%
,
—•
20
;
•
Exploration
27%
>'
Apr
Merchandise.
7%
3,000
20%
v
150
100
'
Jun
13
Common
2%
200
1 "A
shares.
3%
50
i
93
Oct
2%
Dec
5%
Dec
f:
102
May
Conv.
7%
Conv
Lynch
1st
7%
pfd
pfd
1st
Corp
Dec
J——100
v
t c
common
Water
2d
12
100
710
Mar
5
;
18'A "
19%
18%
250
16%
optional warrants—.
%
International,
Marconi
munication
Co
Marine
Jan
%
1
■
Jun
26
100
24
2
100
Oct
55
v
8%
1
Jan
2
8%
Sep
Jan;.
Sep
II
*
2% May
..„.l
v,t c
*
common—
4%
4% «>■< 4%
Mead Johnson
100
2% May
600
•>
1V4* IV48% ' 8%
41 Feb
300
6 %.
& Co——..._*
;^2%
2%
2
2,200
Participating
preferred-
,,
18 %
B
Chapman
Warrants
St Scott
*
.
5%
3%
29
Rfessabi Iron Co-
i;.'—■t.
w*'——1 •"
Corp.
Michigan, Steel Tube.—
98%
•
1% 77'>o 1
-
—2.50
Jan
Central
Penn
RR
Oil
Texas
Northern
States
Brass
Ohio
Edison
300
900
7 2%
■; 600
.%
7.
4%
5Va
2,500
v7;i^77'167'
•
25 >A
!
—...50
Co——.—
y 1%
14 •
14
,_*
__1"
200
7%
; 14
1% 7
400
7
1%
50
—
50
-
100%
100
"
,
Corp——!—i___—....1
Society A_.___.i_.:
Dakota Utilities
Montgomery
Ward
Mountain
Mountain
■
1
A___
7,
Producers...—
Sepv-,
Dec
1%
.
4%
.
17%'
If
2,000
7 350
Virl-'S
;i,7
1,000
166%
7%
6%
Apr
%
;
Dec 7
52%
Dec
82
103
168
,
170
:
5%
7
Dec
7%
7152
5%
1%
*
•
4% 7..
Feb
1%" 1%
4%.,; 5 ;/ :/
600
Feb
166%
Feb
18
.15% July
7"
5% Aug
..
•20
500
9 "
2'A
9
12%
12%
B
conv prior
National
Breweries
common..
... ...
National
Candy Co
National. City Lines
$3
convertible
National
Can
Co
1st
common
6%
Pacific
Public
$1.30
f8 Jan
Apr
Service.
Motors
Parker
Co—
Pen
(Del)
National Fuel Gas
i._•_
110
Feb
120
100
8%
...
Mfg & Stores rcommon___
National Pwr & Light $6 pfd
*6
Dreferred
National
Refining
National
Rubber
National
Steel
National
National
unstpd..*
$2.80
100
series
common.;
common....
Machinery..
Car Ltd.
Sep
.
July
Perfect
Mfg
10
24%
102 >/4 103
100
90
Phila
71 Va Aug
2% Aug
87
3%
Oct
11%
14 V,
Dec
5 Va
Oct
73
3%
73
3%
3%
Packing
Securities
Oct
Pierce
Nov
el;
"
-
14
P
Apr
68%
Jun
9%
%
20
9%
10 Va
3%
3%
10
44
Governor
Pittsburgh
Pittsburgh
1
pfd
10%
V'
44
series A
Scale
~4'/4
Pressed
x8%
Dec
10 Va
Jan
see
page
153.
95 Va
22
'
>4
4 V4
Jan
5%
Apr
Feb
30 Vi
%
Oct
175%
4
V.
~37/a
400
1%
Jun
3 Va
4'4
53
Dec
101
Dec
Jan
22
Feb
3
500
May
700
5Va
Jan
7%
Jan
Apr
31%
Dec
11
Jan
7 =;'
-2%
•
7
11%
'2%
,
25
100
700
6% Nov
9
Jan
2% May
7% Mar
12
4%
4%
91/4
1,400
•3oo.
31% Mar
~1V8
"l% "lV4
6
38
49
6V4
39 V2'
7,100
11
150
85%
1,600
2%
200
2%
1%
6%
%
8V2
V2
63 %
Feb
Apr
12
Jan
Feb
86%
Dec
Oct
3%
Apr
Jun
7 V,
Sep
Apr
8V4
Vi
100
8%
Apr
1,100
Jan
Dec
Dec
Jan
2'4
Sep
3%
19 V4
1
3%
I6V4
200
%
1,200
%
34
4%
Oct
4 %
3
19
Feb
1% Mar
4%
34
Dec
Nov
2
100
•
Jan
Jan
43
55 Vi
10
Va
July
Jun
9
Feb
20
Sep
34
Nov
Jan
Vi Mar
Jan
33
20
27/a
900
Apr
4%
Va
A May
•
3
Jan
6V8 Mar
5
7%
Feb
Apr
Nov
Feb
of Colorado—
Service
6%
1st
7%
1st preferred
preferred
preferred
Pulp & Timber
Nov
Pyle-National Co
Pvrene
common
Manufacturing
109
Feb
113
Dec
106
_•
105%
101%
48
45%
Apr
87
Mar
108 %
Oct
48%
1,900
,35
Jan
52 Va
Feb
•
8V4
7Vt
8V4
1,210
6
Dec
105%"
874 May
p
_10
Apr
550
100
•
,
Jan
96 V2
.100
;
Puget Sound Power Si Light—
$5 prior preferred
Sound
10 V,
7Va
8
Dec
Dec
45
42 Va
300
85
85
49'4
Oct
4% May
Dec
37
75
10%
%
■*
300
47%
Dec
Dec
Nov
32
Apr
Jan
9 V,
100
Puget
5%
3%
100
$6
Oct
4
Apr
3% Mar
•
Dec
7%
Oct
Jan
7%
•
Gas.
Jan
Mar
44%
8%
44
1
America
Jan
Jan
Va
•
*
Sep
100
Apr
5
common
Feb
„
Nov
1
-6%"
105
Oct
1%
600
1
Public
Dec
56
20
350
500
Corp of Nevada
Prosperity Co class B
Jan
Oct
11 Va
,
Dec
36%
250
52
5
Co
of
4
—25c
Producers
Jun
Metals
8%
44
1
Alexander.
Mining
4
•
25
Power Corp of Canada
Inc
4Va
Apr
Jan
29%
"4V4
—7.50
common.—
& Lambert
51%
50
...50
Nov
81
52
21%
.
Dec
32
Oct
H
.10
Mining Co
Sugar common
Jan
580
Dec
Jan
%
..
55
1 i
l
......
Glass..
Oct
10%
24
30
59%
4
125
V;
Dec
Sep
Oct
5%
39
•
common
Gold
78%
5
.—10
common
Plate
&
76
Feb
14
Dec
23
78 V"
Dec
5
Jan
2%
5,200
2,200
25
>y.
200
•
Sep
93
May
4% May
400
25
common—
Powdrell
Apr
3 Va
/
;
Metallurgical
Inc
Potrero
62%
Aug
10
*
Pittsburgh & Lake Erie—
Oct
Jan
1
50
•
;
Co
Conv $3 preferred
10%
3
3
6,100
14 :
Feb
May 1
29% July
*
Nov
5%
20
•
":,
II
,.i.
Electric Power 5%
Oct
Jan
104
•
Phoenix
Jan
12%
31
27%
Apr
Apr
100
common
July
9
22% Mar
s
Circle Co
Apr
11%
■
Oct
400
50
Co
Philadelphia Co
8
7% Mar
__12.50
Tunnel & Mines
Nov
200
.—20
Pharis Tire & Rubber
300
*
Sugar Refining....—
Tea 5%% preferred,
For footnotes
7%
3%
8
200
9
•
Water & Power Co.
Pepperell
6%
21%
•
Jun
Jun
29
Light $7 preferred—*
Penn
•
Prentice-Hall
"3%
*\
4%
31%
•
com
Salt Mfg Co—
Sugar Prop common.
5%
7
8%
__25
preferred
Penn
Premier
68%
Jan
Sep
Jun
28 V4
10
common.—.
Penn
Sep
^
Dec
4%
3
W
31
—
preferred——
Power &
Nov
200
5ft
111
31%
_l
Gas & Elec class A
Nov
88%
Dec
Apr
May
4% Sep
95
29
3%
13%
.
Dec
18%
12
V/a
10 %
45%
-IS*
Feb
8%
May
Apr
10
~3% "3%
1
15%
87%
5 Va
600
18
liOVa 110%
1
Jan
A
National Transit.,
National
88%
98
•
A—
Cent Airlines
1%
stamped.
Feb
Sep
40
17%
Penn
Jun
•
Jan
110
600
8 %
Providence
National
Nov
112
Apr
91
8%
113%
Mar
91%
Pennsylvania Edison Co $5 series pfd.*
Feb
3,^00
50
106 V4 107 Va
Pennroad Corp common..,
11
8%
111% 111%
__
107 Va
•
———
preferred
39
8'A
Jan
23
50
8%
„•
100
24
200
■
Feb
Nov
Sep
*
15%
9
2%
17%
Jan
76
1
45
9 —
1% Jun
14
*
Pratt
9
1,600
50
100
—
Corp
Telephone
11"
l
2%*,;
Parkersburg Rig & Reel——
Patchogue Plymouth Mills
15%
—50
Oct
25
*
1st
45
;__1
common.
Nov
6)4 Aug
18%
17%
25
preferred.—,
Pantepcc Oil of Venezuela Am shs
2%
7
Jan
18%
10%
Mar
25
;
...
1,900
8
Oct
1% Mar
92
•
;
1st pfd
preferred—
Pitts Bess & L E RR
♦
preferred.
Container
%
6%
—1
Feb
•
Jan
17%
1
—
9%
6% May
Jan
108
—*
Pioneer Gold Mines Ltd
Pitney-Bowes Postage Meter...
•
—
2%
.
•
Securities—
Pneumatic
common—....1
Oct
102
Apr
11
—50
preferred
Lighting $5 preferred
Pacific Power & Light 7% pfd—
Polaris
Hess
72%
72% Apr
91
Nov
N
Bellas
Jun
Oct
Dec
Nov
4
92
15
common
Pacific
Plough
National
50
Dec
Dec
—
5
common-
Pleasant Valley Wine Co
Nachman-Springfilled
~8 Vt
100
Dec
Dec
82%
24
87
*
Jan
52
%
70
82
*
common
12%
7%
Dec
52%
Apr
3%
2%
114%
3%, Dec
24
Jan
a1* May
4
Apr
May
50
Sep
15V4 May*
15% Mar
100
! May
Muskogee Co common.;.———*
6%
preferred.——.——..—100
Feb
%
Jan
100
;.;May
7
3%
88
3,500
4
500
Apr
50
200
5%
99
*
Feb
V? Feb
300
17%
7; 9
.
„
Jan
5% May
% Jun
50%
24 V»
~8V4
preferred—
Phillips
:;7-1% May
common—
475
4 Vs
preferred—
Ltd
Overseas
$6
,
Feb
1% Mar
6
Dec
;-Mar
15%
56%
17%
preferred..——.—
Penn
Aug
30% Mar
Aug
4JA
52 V4
55
5%
—
Oklahoma Natural Gas
July
% May
1
14%
Oct
1,400
Jan
.
Aug
,v
100
Dec
Dec
%
A
17%
...
$1.40
Nov
-
States Tel & Tel.—_—w.L100
i
'4
Dec
Nov
8
100
100
Oct
2%May,
I
Jan
15
7
Vi
3%
92
Peninsular
;
14% May 7
*
May
r 75;
Jun
Apr
2 Va
10
class
$6
Paramount
.
Nov Vi
7, 9*
:'
-
10
States
'
200
7 700
,v.
5c
Mountain
Murray Ohio Mfg Co.——
Muskegon Piston Ring
77:4%
May.
314 .Apr. •
—
•
Mountain
Power
Sep/;
.•,':%
90
•'•
168
common.,
-
17.
"
5%
87/a:
-
7
.
Heat & Power_.__.___*
City Copper
Feb
5% Mar 7
■7.74
NOV
7 32 >' Feb'
130
1% 7 1%
10
Moody Investors partic pfd—
Mtge Bank of Col Am shs.
-
8
4%
■
......_1
Monroe Loan
101
53e
8%
Monarch Machine Tool——l_._i.__*'
Montreal Light
275
51%
67
Missouri Public Service common...—_•
Mock Jud Voehringer cog:mon_—2.50
Montana
77-8%
Oct
Jun
Dec
1°«
Feb
1/128 Mar
2V4 Mar
2,300
asa
100
Penn
Mississippi River Power 6% pfd
comihon
Jan ;
7,1% Sep
:
Minnesota Mining & Mfg..
*
Minnesota Pwr & Light 1% pfd—100
Pictures
1%
Jan
.
*8% ;~9%
—.*
preferred
7% 1st pfd
1st preferred
5 % %
Nov
Mining Corp of Canada—
Monogram
Oct
15%
13
200
24%
Public Service
Jan
41%
50
200
;
3 V4'
24
Power 4%%
Pacific
4%
Sep
77 % May
x5% May
;
Feb
Jan
1%
Feb
24
':i.
69 Va
53
.
Oct
11% May
200
1%^
.
67/s-
—10
Midwest Piping & Supply..——.
Mid-West Refineries——
Molybdenum
32
2% July
150
26%-
1%
Sep
Oct
5
~9
class A—.—25
Power
Omar Inc.,
Mar
106%
78'^ Feb
—
common
Abrasive.——
Sep
86
pfd.100
100
Oliver United Filters B_
7
•77;; .,;
$2 noh-cum dividend shares
Jan
77.; % Mar
,% Mar
$2 conv preferred—•
%
37
21%
——5
Corp..—
Co
Ohio Oil 6%
$5%
1% July
Nov;
4%.'Dec
4
x3%
Nov
400
23%
Ohio
Oilstocks
Apr
.
7
aa
3 V4
37
2
Jan
%
6%
46%
3V4
Jan
270
56%
50
Pacific Gas & Elec
7
54
42
•
Co
Novadel-Agene
Apr
115
Sep
3%
29,400
55
*
preferred
Northern Pipe Line
»
Mar;
6%
44 Jan
150
6'A *. ,6'A.
commons—£.5
Midland Steel Products—
Jan
.
2%
1%
450
50
Ohio
'
Feb
'%
.
99% July
% Jan
100
5%
5%
Oil
:
'%
Middle
Midwest
:
7 700
'-:4%:
•4%
3%
Midvale Co
04
3,000
%
Trt
4%
Micromatic Hone Corp.———1
Middle States Petroleum class A v t c.l >
Class. B V t C
.1
Mid-West
25
26
%
.
Midland Oil Corp
:
1%
Michigan Sugar Co——.——
,i.*V
Preferred——.—10
Corp
98%,:«!%
25c
...
Participating preferred-;—
15
Metropolitan Edison $6 preferred—*
Michigan Bumper Corp—..—.—
1
West
; 3% Sep
1,100
%• Dec
"/6,A'> A preferred...————. 100
;
5%
———i
...
Metal,Textile
5
2%
43%
•
Rayon class A
common
Nor Indiana Public Service 6%
$3
Merritt
Nov
46
—————.*
Ohio
Dec
Dec
22
Dec
Dec
7%
O
Jan
3%
l'Af Dec
^•
-
126
.Mar
18
Merchants & Manufacturers class A__1
Apr
102%
Oct
5
Aug
t
Apr
Vs July
19 Va Apr
Jan
7,1% Mar
9
Oct;
I Feb
90
Memphis Natural Gas common.———5
Mercantile Stores common—A.
—*
94
1
Ogden Corp common
Massey Harris
20
36%
Dec
%,
% Dec
McCord Radiator & Mfg B———
•
McWilliams Dredging...—————*
25 V4
Nov
.
3%
.,;
Nov
5
—
7%
Oct
27
*
Steam Shovel—..
15
& Power common__l
North
Jan
3%
Oct
100
—1
Amer Light
North American
Mar
1
% Mar
July,:
8% Sep
26
Dec
17%
Oct
23
50
...
—
Mass Utilities Association
1,800
Dec
95
—
preferred—
$6
Com¬
Ltd—....——
Margay Oil Corp..,—
Marion
1,100
2%
X103
Feb
6
—.————*
Corp B—
Mines—
Northern
2%
Nov
1/ 256 Mar
prior preferred—
North American Utility Securities
2%
Dec
12
Apr
May
warrants.^
Electric.
North
M
Stores——....—.....1
$5 convertible preferred.;
_*'
Manischewitz (The B) Co—
__*
Mapes Consolidated Mfg Co....*
2%
18%
102% 102%
100
B
Nipissing
Nov
12%
preferred
6%
Mangel
Jan
74
17%..
6%
Nineteen Hundred
Jan
13
Service
optional
Class
Manati Sugar optional warrants..
Dec
3 Va
81% May
5
Niles-Bement-Pond
i7s Dec
Sep
.....
Jan
28
Dec
10
98
pfd.100
A
Noma
%
1%
Apr
Dec
20
98
17%
Niagara Share class B common
5
Class A preferred
—...100
Oct
23%
103% 103%
98
1
Co
Class
Oct
.26%
Apr
105
Oct
1%
—i
Class
Jan
7,1
Jun
1,500
*,
j
Jan
11% July
7% Jan
——
5%
Feb
8%
Sep
5%
103
•
—
14
5%; Dec
7;
% May
14%' Aug
500
■
•
Aug
Ludwig Baumann & Co—
■'./
68 Va
Apr
1 Va
pfd,——100
Niagara Hudson Power common——10
5%
1st preferred
100
Nov
1
5'A
5!4
Louisiana Power & Light $6 pfd.i
Nov
4%
2 >4
Power & Light 7% preferred—100
preferred
——*
Shipbuilding Corp—
N-Y
Dec
19
11
Jan
13
25
,—-10
—
101%
50
—10
N Y State Electric & Gas $5.10
Jan
Apr
2%
1
...
100
%<
—i—lOO
.*.....100
Packing—
Land
12%
*
1,100
59%
Apr
3
Apr
10V4 Mar
•
—
Rosario
Honduras
Founders
f6 Nov
5/a Mar
5
Long Island Lighting common
Louisiana
950
•
....
Corp.————•
Lone Star Gas
>7%
7%
-
preferred—.25
Brothers common....,
Locke Steel Chain..
Loudon
7 'A
60%
80%
7Va Aug
2% Mar
N Y
4,000
common.,
New York Transit
Line
30
New Process Co common...—....—*
Feb
25
88
58%
N
Dec
1
Jan
600
Dec
Jan
4%.;'4%
,
Jan
30%
400
Jan
1%
4%'
1%
Apr
5 %
Dec
10%
t
Dec
13'/4
3%
%: Dec
*
Oct
%
4%
9%
Oct
Oct
1%
19 Vi
City Omnibus warrants—..
5% May
13 % Apr
100
*
9
25
13 Va
3
Co
Oct
Dec
Feb
825
1
Jun
9% Mar
(R G> Inc..,
Land—
Arizona
2
1
_
&
5
Auction
AVi
1
88
—25
2
Y
Aug
28
*
———
Jersey Zinc
.—*
Lehigh Coal & Navigation
—•
Leonard Oil Development—.—
1
25%
*
Co
100
*
—
28
England Tel & Tel..—.——.100
Haven
1,400
;
Feb
84
7% Aug
Clock
Dec
113
1
2,400
May
.July
% Aug
12
6 Vi
•
2%
'
High
Feb
Aug
2V4 Apr
class A
3%
6%' " 6%
6%*
V*
9% Aug
102 Va Sep
II-5
Corp....—
i,8%-
■
3.'A
1
100
preferred..,
New
43% Mar
Va
84
England Power Associates.
13%
%
*
100
2
•
_
Letcourt Realty common—1
Convertible preferred...
Le Tourneau
8%
80
..100
common—-——
Langendorf United Bakeries class A
Class
21%
20%
,
Low
—
New
..100
Range for 1942
High
IlOO
preferred..
New Idea Inc common
RR.(N J)...,
Loio
_*
New
Lackawanna
Shares
_30c
Co
Nestle Le Mur Co
preferred—100
special preferred——10
Co
1
H)
is
Kreuger
for Week
Neptune Meter class A
.
1st
Sales
Range
Last
Sale Price
High
2
—
Week's
of Prices
Friday
Exchange
A
—1
preferred-.
convertible
Curb
7%
.
Kresge Dept Stores—
4r/
York
Week Ended Jan. 8
9'A
10
Corp common.*...
Kobacker Stores Inc.—
New
Range for 1942
•
—
Knott
Koppers Co 6%
Shares
1
(D
STOCKS
for Week
of Prices
Last
Week Ended Jan. 8
Sales
.
6VaJuly
Monday, January .11, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
152
NEW YORK CURB EXCHANGE
•4—*-
Sale Price
Week Ended Jan.
Shares
Low
Par
"
6%
Quebec
preferred
Power Co—
71ft
70
70
147
.100
147
ft
160
56
139
73 Va
Apr
60
May
148
8%
lift
Apr
Sun
Jan
1
Low
maciwery
OG„.
13 ft
600
9Va
Apr
14
77/a
77/a
100
6%
Dec
9
-1
/
"1%
1
.
1%'
1%
51
52 ft
52 Va
•
26
Apr
10ft, Feb
-1,200
■
Superior Port Cement class B com.
R
ft
Radio-Kelth-Orpheum option warrantsRailway & Light Securities
Voting common
;
Apr
400
13ft
"2 ft; J* 2 ft
ft
18
21
22 Va
V
Tampa
!■
7ft
1,000
lft'
3,400'
7
3-i
.
8
13
500-
8ft
7ft1
«
7ft Apr
r:
3
r3 ft';
.
V
300
.«
1V4
..
'
55 Va
;
55
\v
JI
56
.lft;-
200
"3ft:
100
,2ft
3ft
■'
t
-
53.
3
54%'
-
•108
108
^
'
V
Class
St
..1%'
1% '
--10
1,700
:
5,900
2%
6ft-7 j*
$2
A
pref
conv
11. Feb
85
Mar
-95-1
Mar
•
-
•
7
34
■:
—5-
preferred
7%
Salt
Oil
Dome
Oil
Co——...
Co
common
'•
Chatillon^ Corp—...
III.—CII^ "ift
1:
4ftV
ift--
-/
:
4ft
6ft
7'
'
39ft,
39
:
,
—
Tling-Sol Lamp Works...
—
80e convertible preferred—:
700
200
■
- -
i%v
7
"
Feb
%
200
300'
Apr
26 ft
Dec
ft
12
800
u;
..
8Va
3
25 ft
25 ft
17 ft
18 ft
100
Chemicals
S3
15%
29
100
8
1,100
113ft
Bros Inc
Seeman
9%
Jan
1
Dec
36
2ft Mar
8ft
ft
ft
1,200
1st
prior stock-
52 7
.
300
.
1
Mar
38
Apr
Apr
Allotment certificates.—
Va
Safety Control———.. E-l
1
class B——
——
Sentry
Shattuck
I~5
Mining—
Denn
x4 ft
_•
5%
Sherwin-Williams
Silex
.100
pfd series AAA——
cum
84ft
common.—.
pict—.
Co.—:
Corp
Sonotone
Penn
Dec
10
Jan
115
110
.
Southwest
———.
9ft
175% 177%:
May
11
Apr
17 ft
Power
—
10
96
*
90
Feb
2%
93ft
lft
700
.„1
~2ft "2 Va
...1
1%
1%
.
38ft'
:
2ft
Sep
1%
300
/
Apr
lft
600
2
Jun
24'a
/
3%
39
Apr
25,
1,400
27 ft
Jan
28
30% Mar
37ft
30 ft
30 ft
29%
42
23 ft Mar
"ft "ft
6%
1
1%
"
(AG) & Bros
—
1st preferred
—...——
Spanish & General Corp—
Amer dep rets ord regis—.
Spalding
7%
23 ft
IV2
23
42
Sep
...
•
1
1
5
Co
Standard Silver Lead
Standard Steel Spring...
6Vs
2ft
12 ft
1st preferred
2d
preferred
—
Sterling Aluminum Products
Stetson
Inc
(J
B)
Co
see page
3ft
6%
Jan
8ft
Apr
Sep
ft
Nov
100
ift
1%
153.
Wall
16 Va
6ft
6ft
23ft
22ft
•
6%
<
200
'
Valspar Corp common—
$4 convertible preferred..—...
Petroleum
Venezuelan
—,
Virginia Public Service 7% pfd.—
Vogt Manufacturing—.
Va
3
Dec
Walker
Wayne
Jan
Mining
12 V2
Sep
West
Jan
Western
Apr
Dec
Jan
V8
Va May
Feb
48
ft 600
25
Mar
47
Dec
Jan
15'A
Jun
3%
2%
47ft
46ft
2%
V
■
400
41
>
1W;"
'
j
.
'
V ■'
'
100
rff,;
49
ft
49 ft
49 ft.
■,//. 25'
lft Mar
Jan
yr.ift
:/>
Jan
:
Oct
Jan
62
Apr
; 33 ft Mar
,
Dec
ft
Oct
49
Dec
4%;
44-:.
47 Va
48 ft-
390
8 Va
200
1,400.
Nov
Apr
IS
Apr
17 ft
Apr
5%
Feb
Oct
Dec
90 >A
Jan
7 ft Mar
9%
Nov
%
13
4ft
8ft
Co
3Va
40'A
Vi 3
Apt
Feb
Va
■
' '
Sep
81
Mar
8ft July
ft Nov
•/■
ft
Jan
May
13 JA
Feb
lft Mar
v^,;
lift
lift'
Va May
3ft
600
100
1
1.25
_*
—5
Jan
6ft Nov
Dec
1
6
5
...
5%
ft- Dec
4Va
79
—.1
—
Coal
Va
& Coke—....
1
Air Lines Inc—
2%
2%
98 ft
-
2%
98%
-
98ft,
600
•
■••;"• 10
'4
'
900
4
1
"6
-6ft
.
63A'
2,000
9
Oct
Jan
2%
Dec
Jun
100%
Nov
2%
Jan
4ft
Nov
2
Mar
6%
Dec
Dec
8 Va
Oct
1%
86
8ft
—20
Grocer Co.
Western
Western Maryland Ry
%
Sep
Westmoreland
02
Mar
Jan
28ft'Dec
Sep
14
Apr
-
Apr
ft Mar
Williams
46
Apr
Williams
8
Apr
2
Aug
9ft Aug
3% Jan
31
Oct
35ft Mar
7ft
7
Oct
8
Apr
6ft
6%
700
4%
Feb
7ft
Oct
lft
lft
100
IS
Jan
1 %
Nov
Apr
1
Jan
Jun
3%
Dec
Willson
,(R
C)
&
Products
Wilson-Jones
Power & Light
Portland
deposit
7%
July1'
Nov
6ft
Jan
8V4 Nov
*
1
Augf'
8ft
Jun
12ft
Jan
6%
Jan
9ft
Nov
■
8%
8ft
8%
300
Mar
2ft
Jan
110
Nov
4
Jan
?
1
6 ft.
Ss
*.
,
hi:
2
.
7
2
2%
*
400
2,300
Jun
3%
10
...
-
94
pfd-_100
receipts...
Ltd
5ft
Oct
6
Dec
6'A May
10
Cement
Woodley Petroleum
Woolworth (F W) Ltd—
HargreaVes
100
1
Inc
Co__—
Wolverine
Wright
'
5V8
Nov
*
Heating.
Wisconsin
American
6
6
600
5ft
.
13 ft
Mar'
12
5ft "
10
Co..
Oil-O-Matic
25
16ft May
1
Oct
15ft Aug
Mar ;
13
20
10
Inc
Weyenberg Shoe Mfg
;—
Wichita River Oil Corp..
2
Jan
...——
75
61ft May
7% 1st pfd—100
Westmoreland Coal
U
5ft May
300
2%,
Western Tablet & Stationery com.—. •
2
Oct
Dec
26
2ft
.100
Jan
200
300
Va
11
Sep
1
Nov
100
-
Jan
14
1
6%
9
"2% "3
Dec
25
6,600
—5
19ft
7ft
~6%
4
Oct
2ft.
—
Jan
15
•
Co—
Knitting Mills
14ft
9
50
Nov
W
Aircraft
Jun
2ft
—
8
-fo Nov
3 Va
Oct
Dec
43'A
.
Dec
Va
Oct
lft
7%
Jan
ft Mar
110ft
lft
2ft
8,400
1
10 ft
15
Equities common.———_10c
priority stock—..........
1
Feb
46
Dec
ft
A' Apr
■>/■ -% Jan
%
May
200
Jan
>A July
23
10
Jan
'
Apr
Feb
15
10 ft
—1
common
Jan
13 ft
500
23ft
%
4>A
lft
Insurance..—_.—.8
Pictures
2
12
700
Jan
I'A Nov
Dec
'
7
4ft Mar
150
18
Nov
lft
Products Co.
14
A
9
30
H Aug
_•
—_——*
B
Aug
18
lft
Consolidated Oil——.—10
Apr
110%
Apr
4ft
/: 400
-300
1%
lft
.—2
Paner
Nov
10
61% Nov
May
300
iV
Stores common——.——50c
Wellington Oil Co
Wentworth
manufacturing...
West Texas Utility $6 preferred
103
Jan
27 ft Mar
400
8ft,
lft
Wagner Baking voting trust ctfs ext..•
7%
preferred
...—100
Waitt & Bond class A
—*
class b
;—
;;—.—...*
100
43
125
61
convertible preferred.—
Nov
2,600
50
20
*
common
For footnotes
—•
1
1
—1
1
Sterling Brewers Inc
Sterling
May
"12ft
23%
1,500
Jan
Apr
2 "A
^
May
■'
7
3%
7%,
;/8,/
"lVa
Waco
12 ft
12 Va
110
•
& Co common—.
5%
Reclaiming..
Oct
10ft May
12 ft
1
B__
Sterchi Bros Stores
6%
Rubber
9%
200
13
Dec
45% Aug
May
200
3
"ft
*
lft
13
"
(A)
S
8'A
Oct
lft Aug
1,100
Jan
38
*■* ** ■--'
:
1
S Radiator common
lft
V8
2ft
4
63
1,000
4ft
60
61
Jan
Feb
Apr
&
•7
1% May
100
(The) Corp voting trust ctfs—1
Steel Co of Canada.
Stein
540
7ft
6ft
10
ft
Sep
Securities... ...•
Jun
*
class
43%'
.... ...5
common.,
Jan
*
Common class B
Standard Tube
43%
2%
6
Jun
—
Starrett
1,475
4
'II*
warrants
Lines Inc preferred..—...... ;Iio
Plywood $1.50 conv preferred.. ,.20
$5.50
Feb
420
2ft 4 2ft
Spencer Shoe
Products
64ft'
43 ft
25
63
Sep
Mar
250
Aug
lft
63
1st preferred with
Utility
Mar
-:ft
Jun
2%
50 Va Mar
.10
.25
5
Utah Power & Light $7 preferred—*
Utah Radio Products——
1
Oct
122
;
Dec
v85
Va Mar
5
1,300
Jan
28 ft
May
244
Oct
ft Sep
'
Utah-Idaho Sugar.——
Dec
Nov
I
%
23
f 10Va Apr
Dec
5
100
Jan
1% July
Jan
.
lft
Feb
ft- Oct
Va Mar
3,900
23
Oct
Jan
-1
72 ft Mar
———
...
Universal
Dec
1/64 Jan
Corp..—
*
Inc
—
*
Standard Brewing Co
...
2.78
Standard Cap & Seal common
1
Convertible preferred
10
Standard Dredging Corp common..
1
$1.60 convertible preferred
20
Standard Oil (Ky)
10
Standard Oil (Ohio!—5% pfd
100
Standard Power & Light
1
i
May
Stahl-Meyer
Standard
Va
21
lft
126ft
% Mar
21
Sharing—
Universal
Oct
105
1,000
23 Vz
-
6%
1%
7%
5
...
ft
600
;i:
-10
-
Preferred
it
700
regis.;
and International
Universal
Apr
28 ft
.
Dec
9ft Oct
Ltd—
Co
Universal Corp voting trust ctfs...—1
Dec
x38
-10
Phosphate' Co..
Pipe Line
Royalty Co—,—
v:
3*2
-
*
Nov
29%
24% Mar
500
.
-25
.100
preferred
—
New England Telephone.. .100
Southland
22%
preferred
Machinery common.
Universal
lV Dec
3
Apr
2ft Dec
Jun
Jan
Southern
Southern
—...—
600
%
ft
Universal Cooler class A—.......
Dec
'
1ft -1%
■
Apr
'1,900
Va
Va
United
Dec
Nov
t\s Dec
2 Va
Nov
fs Jan
97ft
650
/V
Shoe
1st $7
182% Oct
Apr
ft
Jan
13,300
116ft
%
A
—.
Profit
Class
class A. „25
Southern
IT
Mar
1%
96
.100
preferred B—_————— -25
Colorado
U
Apr
2
130
Feb
Jun
Aug
Dec
30
-10
5ft % preferred series C
Southern
Va'
ft
115
116 ft
United
..25:
Line
Pipe
S
U S
Jan
Va
...1
common..
Oil—.———
Pa
U
Jun
15 ft
Southern California Edison—
5 7c
original preferred——.,— -25
7%
V2
vv-
■
6%
,
Sep
200
1
Jan
57ft
Jun
7
Jan
15
Mar
1/64 Jun
*
100
Graphite
S
S
$5
Dec
84
1
...1
——
——.———
Coast Corp
South
13 ft
♦.
Ill
Manufacturing common.,— ...1
South
Sep
Feb
May
.
—1
Co—
Organ
Manufacturing Co;
Solar
Soss
Elec 7%
Gas &
City
Aircraft
9%
59 ft
900
8 ft
.100
Manufacturing Co—
Sipger Manufacturing Co Ltd—
Amer dep rets ord regis.—,44— ..£1
Skinner
Jan
:
300
6ft
Singer
Sioux
4
U
U
Dec
1,400
,
——
Simplicity Pattern
5ft
86ft
2ft
Dec
7%
•
U S Stores common........_.k——. '560
Simmons-Boardman Publications—
$3 convertible preferred——.
Solar
2
Dec
14ft,
of Canada.—.
Co. common
a Nov
83 ft
\;2ft
2ft
Jun
% May
400
.—1
United Specialties common
U S Foil Co class B._—. —1
4ft May
113ft 113%
common.—1—.— '~25
Feb
6,000
iV
preferred
Preferred
Dec
r ■:
14
2ft
*
Shawinigan Water & Power——.
Sherwin-Williams
Apr
Jan
Dec
51 Va
Dec
5,
7'A
25c
10%
United
NOV
Dec
4
Serrick Corp
Seton Leather common
'"{h
N J RR & Canal Co-
United
Nov
52V4
2".
'
...
dep rets ord
Amer
United
Dec
ft
5
'
Dec
57ft
warrants..
Molasses
Jan
'3
Dec
11
100
12
participating preferred—..
United
Oct
13
Jan
.50
3ft
3%
52
.25
Oct",
5ft
United Milk Products—
Jan
iV Jan
38
3 ft
Convertible stock—————— -.5
V2
*5 ft
fs Apr
1,700
"".ft'
"l
Inc common
Selected Industries
$5.50
2,700
""
Co
Shoe
Selby
ft
.
0%
12
$7
-$6
Mar
Sep;
4ft,; 5 Va
%
5ft
Oct
7JA
3ft Aug
; 700
6ft
pfd.
•/Common class B——
Jan
69
26 ft July
1
ft
6
•
United Light & Power common
Aug
*% Mar
*
—
Segal Lock & Hardware—.
Seiberling Rubber common..—_
1
preferred non-voting——.
Option warrants..—.
Oct
19
July
6ft
1
General—
oct;
Dec
'•
1st
$3
Securities Corp
f
•
2
United Gas Corp common.....—„,
Oct
Oct
lft
"l66
5
.
50
'
Corp
United Elastic Corp
.
7ft
"
.
2 ft
*■; 1'A July
•
Stores..—— _10c
Cigar-Whelan
United
■
49
Jun
39
-
Aug
3
*
:
..
common
& participating
cum
United
Dec
27
Mar
111 "
17ft
;
Mar
4ft July
-
7 V2
5
Jun
-
IV
—t
•
Dec
'
100
'
u Nov
22 Va
Jan
1
common.—
Products
Aircraft
United
Apr
-fir Feb
19 ft May
200
Canada
United
Jan
%
9ft' Nov
preferred
of
Gas
Union Investment
Nov
.■ft
*
:
ft-*
:
Dec
Nov.;
^ Apr
>29
•
-
Dec
-6%
3ft May
v"1 *
400
.
Manufacturing Co.—...10
Nov
ft
Corp,.
Union
Jan
2 "
2ft
1%/:,;./..ift"' ift.
2ft "
1
10c
....
Unexcelled
Jan
300
ft
2ft
....
Realization
Ulen
8ft May
3ft
19
common—
lft
:
/
Dec
1% July
1—5
-
Jan
■' Vi Mar
v*
—
'A.
Class
-
121ft Nov
Sep
105
4,500'
3ft
-
ft
:—1
.—25
Scovill Manufacturing
25
Scranton Electric $6 preferred—
*
Scranton Lace
common——.
—•
Scranton Spring Brook Water Service—
$6 preferred
—
,4—J*
Scullin Steel Co common—
*
A)
(D
125
•
Schiff
Convertible
Sep
—
—
Savoy
Schulte
lft
lft Aug
6,100
•
2 ft
1
common.™
Mills—.
Sanford
3ft
lft'
118'A'
1 ft
117
1
Co—_.
United Corp
Samson
lft
.100
'Jan
103
•'111"- - Jan
>,/ % Jun
'
2,400
.
M
; 95
*
V* Apr
■ift'
2,200
6%,
s
Q2
4ft Aug
a
Dec
U
8V2 May
-50
~
3ft Apr
Oct.
6ft
Tubize
" Jan
Nov-
ft July
ft
—-
Regis Paper common-.:
49
Dec
«—50
200
--
'-
ft
,y,
*
10
Inc.
Feb
ft Jan
Dec
'
ft
Corp Ltd
5ft
2
T
Lawrence
Dec
Aug
•
38
*-
100
warrantsj.—_—_
Udylite Corp—
St
*17 Va
•'
Feb
3ft
,
Oct
Jun
1..
A- 4ft Aug
Oil'' Co_.
Trunz
Dec/.
5ft
1% Jun
i
,
-800
1
3ft Mar
!
3Va'Jun
,
—1
•
Ryerson & Haynes common——_1
Aeronautical Co..
Ryan Consolidated Petroleum—
Ryan
Feb'
,
'., .-
Dec
3ft
.
:._A
Tri-Continental
„
3ft
preferred
Trans western
Dec,'
n
Exports—/.-——
Tonopah Mining of Nevada—..
.1
Trans Lux Corp.;...
—1....1»
Dec
16
17
4%
-
—-4''/■'
2%- - 2Va'
100 ':k;
■
Dec-
'57 Va
.
413ft, Oct
3ft
/
7%
Feb
■t
36ft Mar
250
j
4ft-
Apr
104
Jun
14
Dec
Nov
87/a
2ft Mar
-
100
17%
•
3ft
'
Todd Shipyards. Corp.i/,
Toledo Edison 6fff preferred—...^100
Jan
V. V 3 ft
Apr
944 May
Typewriter——:
_—r—*
Royalite Oil Co Ltd—,---—————V
Russeks Fifth Ave,——-2 ft
Royal
9ft
f
-Jun
2
NOV
20
Dec
V.'ft
Product
Jan
?' 4%
•
-I.
'
Amer dep rets ord regis—
12 ft Mar
'10ft May
100 ;
Dec
95
Feb
8ft
Jan
6%
Realty & Construction.^..^..*
Tobacco Security Trust Co Ltd—
Dec
700
4%
i_l.
& Allied Stocks.—*...
,
V* Jan
May
77
30
•
/■
17 %
Tobacco
Oct
1%
ft jjaa
91ft'
13
pfd D—.100
*...
Rome Cable Corp common
—5
Roosevelt Field Inc..————
5
Root Petroleum Co_>——__1
$1.20 convertible preferred-..
20
6 ft
".
ft Mar
\
11%
Dec
11
16Va. Jun
v;
6,900
"*3ft- ~3%
TObacco
5ft ~ Jari
•
common
;
300
7%
86
■
5
Inc.—
Roofing
Tishman
Nov'
lift NOV'
9ft Jan..,,'
50
Valley Gas Co v t ;c——1
91%
•-
Co
Tilo
Dec
ft
'2 ft May
f
'
1ft
Inc———J.
Apr
•/••9ft; Dec A
5V4 June
.
Rochester Gas & Elec 6%
Apr
2,900
r'-
—
~7 Va,
14%
500
Thew Shovel
Jan-
21%
7% pfd——109
Co..^
..2
4,100
4
18 ft
6%
7%
Power & Light
Texon Oil & Land
Oct
l Ve
ft July
1,900
400
'
3
3%
Texas
-
3%
17%
18 V* '
Electric Co common—.——_—•
Technicolor Inc common——4-—*
Apr
Apr
/.
,■
3%;
10 ft
3ft
Va
51ft
' lV \
10ft
*'
Goods-——4——
*,
Radiator—.
——1
Roeser & Pendleton
Sep
16
1% Aug,
"
Va. 22 va
"
J8
Stix Dry
Rio Grande
Oct
4
1
Taggart Corp common.
41%
v
•
"u
V 'ft
Dec
Oct
200
;
-ys
■„
12 ft
45
13%
Sep
50 Va
Jan
2ft,
-
.
"•
Dec
.
Oct
8ft Nov
.
ft Jan
38
preferred—
*
Raytheon Manufacturing common—,50c
Red Bank Oil Co—
,
1
Reed Roller Bit Co—,
——*
Reiter Foster Oil Corp.—
50c
Reliance Electric.. 4? Engineering^——5
Republic Aviation
1
Rheem Manufacturing Co
—1.
Richmond
4
%
.
ft May
125
7ft
7ft.
7ft
$3 convertible
Rice
' 4,000
t
.
10
Railway & Utility Investment A
1
Rath Packing Co. common-—-—10
Raymond Concrete Pile common—;—*
.15
Swan Finch Oil Corp
7Va
Jan
.-45%- Feb
39ft- Jun ;
.200
Nov
ft
2ft
1% May
-700
43%
43
.50
vu, \Cuiii-i,.
uu
Va Aug
14ft Nov
13 ft
-13%
......
convertible preferred.
Supmur
High
Dec
a"a
5
Corp
Ray Drug Co—
5 Va %■
for 1942
Range
1.
High
(S) Co
Sur,,,n'"
Dec
Shares
8ft Apr
(Hugo)
buiuvun
Nov
150
for Week
Low
P"*
Stroock
Sales
Range
of Trices
Last
•
Sale Price
High
Low
High
Exchange
Week Ended Jan. 8
Range for 1942
Stlnnes
Quaker Oats common.
York Curb
New
for v*eek
Week's
Friday
STOCKS
tvange
of Prices
mist*
Exchange
Curb
York
New
Week's
Friday
STOCKS
Sales
Dec
4ft
Jan
3%
Apr
6%
Dec
lft Mar
2V4
Jan
J
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume >157' ^Number 4141
NEW YORK CURB
:
,
BONDS
u
New
York
Curb
;■
Last
Interest
Exchange ;
or
Friday's
Sale Price Bid & Asked
Period
Week Ended Jan. 8
High
Low
BONDS
faangc
Bonds
Sold
\
for
New
1m
Low
s
f
s
f
1950
debs__„_
...
J-J
l037/a
1960
debs
3%s
J-J
105%
York
Friday
Fxchang©
Interest
2
102
10
104
N
101% 106%
•
& Gas 3%s
1964
&
.1954
—
3%s
f
s
debs.
$1071/2 107%
J-J
1970
...
M-S
97%
Writing Paper 6s____.
1961
Appalachian Elec Pow 3ViS—1970
Appalachian Pow deb 63
___.___2024
J-J
89
Arkansas
A-0
Amer PdW
deb 6s
Lt
&
2016
__
Amer
Pr
Associated
Lt
&
Elec
5s_
89
107%
125% 125Vi
107% 108
50 V*
J-J
46%
;•
'79%
!
2
AConv
deb
4%s
deb
4%s____
ADebenture
,
1
124
Vi 130
14
105
'
108
38
'
Ogden Gas 1st 5s
Ohio
47%
deb
AConv
Atlanta
without
5s
89
7%
14
12%
14%
59,
7%
14%
Pacific 'Power
12%
12%
,1
7%,
11%
1«
7%
14%
20
55%
14
14
72%
78%
1964
——
Oklahoma Nat Gas
73
$108% 110
106
$106% 107%
J-J
M-S
1st
warrants
99% 10Q
Bell
Telephone
1st
•
M
5s
of
Canada—
•,<■'.
series B_.__
series
5s
C
Bethlehem
Steel
112
Q-P
___1998
$152
151% 180
102
Northern
El
SACentral
&
5s___
1964
Elec
States
5s
i-.l.
v103Vi
103% 103%
.17,
'=101%,
101%
§AChicago
'
,
85%
''
series
15
220
4
409
4
94
98
102%
Ry 5Vis A-__.___.__1952
* A-O
_______
deb
Conv
v
5s_.
1
47%
5s_—l
Debenture
5s._____.__
Service
5 Vis
~i
L
&
P
Con sol
El
Gas
3Vis
series
Lt
36
69%
72
1952
M-N
86%
85
87
63
62%
12
64
96'%
mtge 3s
P
1969
Cuban Tobacco
Cudahy
33As_
85%
F-A
,
1955
125,
k
82%
80%
89 Vi
87%
Water Lt
Federal
Water
Finland
& RR
El
Empire District
M-S
M-S
1954
.
M-N
5%s_.
Service
Residential
..1956
,—1952
5s
5s
Mtge Bank—
•
$123%
...
'84
.46
103.
92
M-S
J-D
105
Florida Pow & Lt 5s__.__——..1954
J-J
3%s
Power
Gatineau
General
..1969 :
A
5s
Serv
Pub
1961
_
6s A
Georgia Power & Light
Alden
Glen
gAGobel
Coal
4Vis
Grocery Store Products....
& West 6s
1950
1966
Jan
series B—......
6s
■
i
96
96
J'
.
96
A-O
$110% 112
-104% 105%
6s
111
334s______
Power
& Lt
Pwr
6s ser A
1st
1st
5'/as
Hydro-Elec
Indiana
Service
1st lien & ref
5s
1958
AIndianapolis Gas 5s A—
L 3%s_.
—1970
P
&
^International Power
A6Vis series Ci...
3d
A6Vis
A7s
1955
;
A7s
-
coup).—1955
1941
F
1952
—;
!
>•
90
83
2nd
It 14% 114'%
105
18
18
19
16%
116%
;
19
19
J-J
17
79
18
J-J
37%
74%
36
$107%
J-J
1942
1
-1
M-3
1963
5
6
19
j.
11
16%
19 : /
J-D
78
37%
—
39
Superpower
A Jacksonville
Gas
6s
(stamped)
M-S
Jersey Cent Pow & Lt 3 Vis
Kansas Electric Power 3 Vis..
1965
Kansas Gas & Electric 6s
2022
1969
1966
J-J
A-O
1957
J-D
Kansas Power &
1966
Light 3 Vis—,
3Vis
Lake Superior Dist Pow
Louisiana
Pow
Lt 5s—
&
..
5
,•
65
6s
Co
Metropolitan
4s
1948
—1947
1971
.
4 Vis
Edison 4s
•100%
31%
6%
lien
A 5s
&
47
2
38
15
105
106
108
120% 125
;113
113
110
108'%
105% 106%
107% 110%
109% 110
90
86'%
3
80
100'% 100 Vi
5
5
106
10934
109'% 109'%
2
107
11034
101
5
98% 101%
57
3
50
108
56
110%
64%
105'% 105%
8
•
v
103%
103'% 103%
17
107%
107% 107%
3
Mississippi P & L 5s_.
Mississippi River Pow 1st 5s
1957
1951
J-J
M-N
103%
103'% 103'%
9
112% 112%
1
Nassau & Suffolk
1945
ref
&
5s
105%
Nebraska
6s
Power
series
4Vis
Amsterdam
Elec
Gas
5S
A-O
1948
New
England
Power
Orleans
A Income
6s
Public
series
2
123a
3
109% 109%
5
$114
M-S
M-N
A-O
1954
J-D
97%
110% 112%
98
97
934
100%
.Nov
J-D
j
4s
10%
16
A-O
$12'%
16
j-j
105% 1053A
33
89
m-n
107% 1073a
111
f-a
J-J
9734
50%
51
4
42
62%
50
51
40
43
63
107% 107'%
2
106
767/a
793a
83
65%
85
82%
85
56
67%
8734
105
7
99%
108
108
85%
105
13
107%
3
993V
106% 108%
1
111
107
13
108
2
86
11
$11134 112%
118
86% 101
106
108%
69 %
88%
111% 114%
106% 107
103% 107%
9634 ' 98 3
a-o
A
-i—
115% 118%
F-A
95%
95%
T
96%
96'/a
2
1954
4% ' 6%
$10834 115
143
m-s
—.a... 1951
6
j-d
1964
j-d
Power 3%s-
5s
Traction
3
92% 100
83%
99
" V :
-
debs..
82%100%
116%
1,116
46
M-n
2022
2030
j-d
1947-
,
*
$110
j-d
1937
.
..
a-o
1960
—...
5s
y A Stamped
Co 5s stpd
j-d
104% "
110
2%
534
108% 110%
112
107
1023V 104%
:
r5s —L*
—
—
f-a
19
110
85%
f-A
BONDS :
Curb Exchange
York
Interest
Period
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1946
A
63%
$73
9
110%
99% 108%
107% 117
-
'
86
2
69
63%
3
56
74
71%
82%
71
81%
75
73%
73%
FridayWeek's Range
Last
or Friday's
Bid & Asked
88
(see
ACauca
Jan
Mortgage
Bank
Valley 7s__
;
ALima
City
AMaranho
J-J
$44%
J-D
de
25
44
■
14%
14%
9%
44
15%
45
25
50
$32
42
20%
48
& Waterways—
6'As stamped
..1952
$8
15
(Peru)
6'As stamped.1958
M-S
1958
stamped
Oct
J-J
1951
(State)
Janeiro
$18
16%
16%
5
11%
13
1334
19%
10
16%
934
18
15%
1947
M-n
$30%
a-o
1927
1927
$30'A
J-D
$17
6 'A 3
J-D
.1958
7s
m-s
32
25'A
3434
——,
$32%
29
18%
18
45
15
22%
17
'
29
13%
——
$22
——
25'A
' '
21%
10'%
17
.1959
Government
V2S
11%
M-N
'ija» j-d
.1972
A5
45
$44
.1931
ARussian
High
25
•
F-A
Alssue of May
A Parana
>
M-N
7s
of
1947
_.
1955
Mortgage Bank of Bogota 7s
.AIssue
$44%
Range for 1942
1953
7s__
AMedellin
A-O
Sold
Low
;
5s
A External
I
High
of)
5'As.—
Danzig Port
Bonds
Sale Price
1948
7s
20-year
Bogota
124%
84
11234 114
42
62%
497/a
104
10%
10
...
J-J
17%
11
.1919
6'As
—
J-d
3%
2%
3%
259
1
3%
.1921
J-J
2%
234
234
95
1
3
17%
106% 111
50%
51%
.
j-j
4%s_,—__——1944
series
*No par value,
r
Cash
sale,
x
a
Deferred delivery sale,
Ex-dividend,
d Ex-interest,
e
Odd-lot sale,
y Cash sale not included in year's range, Easy
n
Under-the-rule sale,
Washing Machine class
B, June 26 at 2%.
$Friday's bid and asked prices; no sales being transacted during current week.
ABonds being traded flat.
§Reported in receivership.
108%
Abbreviations used above—"cod,"
101% 106
certificates of deposit;
"cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"ww," with warrants; "xw," without warrants.
"wi," when issued;
1949
16
Low
16
Service—
A
25
$12'/a
j-j
1968
...
100% 104%
50%
79%
17%
1979
105% 108
113
115'%
$113% 114%
M-N
1948
....
97%
J-D
1961
3 Vis
Power Assn 5s
Debenture 5'/is
99%
12%
J-J
1950
5s
New England
New
1947
..1948
-
deb
99%
12%
M-S
1956
5s
5s
New Eng Gas & El Assn 5s
Conv
yy v2
J-D
...-.2022
A
Nevada-California
New
1981
F-A
F-A
9
Newspaper Union—.
6s unstamped extended to 1959—
6s stamped extended to 1959
A Rio
Ltg 5s
SANational Public Service 5s ctfs—1978
25
Week Ended Jan. 8
100 34 1 05%
J-D
1st
243A
1960
...
Elec 4s__
Penn
New
102% 10634
J-D
1955
Light 4Vis
Gas
Minnesota P & L 4Vis
76%
A-O
—.1952
Penn Electric
West
98% 101%
1978
Milwaukee
50
Western
112%
101
57
4
107%
107% 108%
A-O
M-S
RR 5s
N
gen
income
Ry &
54
1943
1967
Midland Valley
66'%
..2022
5s
3%s__
6s
Water
21%
1
M-N
108
64'%
41%
J-J
M-N
66'%
& Power Co—
109%
1965
—
Middle States Petrol 6Vis
7634
F-A
19 t
1945
E
G
series
MS
49
19 ^
16'%
86%
F-A
:j
19
.1946
A.j.i
Extended
conv
67
98
Radiator & Mfg—«
stamped
Mengel
65'%
107
Danish
McCord
66 %
\
78%
16%
$107
109'%
7634
F-A
f-a
Wash
■
$122% 125
J-D
M-S
;
49%
—
5s__,
...
Edison
IA York Rys
$106% 113
108%
17
a-o
-
46
;
6634
Light 5s—.——.1956
Power
,
Altalian
653a
19
106
.:
77
j-d
20
5%
4
76%
49
.1959
20
5%
5
1
55
20
6
49
18
J-D
105% 107%
;
22
19
67'%
....
City Rapid Transit 5%s
West
118
663%
65%
~
82%
I.
78
J-J
1958
Light 4Vis
418 '-T
J-D
deposit
Waldorf-Astoria Hotel—
83
71%
65
6634
Utah Power & Light Co—
103%
71'%
16
106
of
A
series
76%
66 %
j-d
6s
61
49
F-A
.1946
.—..
Service
Light
106
Industries—
&
Power
Water
88
42%
..
stamped...
series
60
10334 llT
.1950
...
Corp—
(Hugo)
Wash
62
3
'
104%
100
inc 5s
Electric
1st
28
i
'
80% -83
107%
.1957
6s
1st lien & cons 5 % s__
88% 100
-104%
80 %'
98Va 10334
50%
1,2
a-o
1952
93% 105'%
43,
107
.1949
96
20
i
■
96
—;
—.1952
6s_
&
Power
-V
...
1941 coupon)...—.1952
Power 5s
1957
Debentifre
:.
1057%
—
1957
(July
Interstate
>
83 !■
114%
A-O
M-N
F-A
1957
1941 coupon)
series
A7s
Iowa
1
(Dec
E
(Aug
$103
83
-
;
53
'
United Lt & Rys (Delaware) 5%s_ 1952
United Light
Railways (Maine) —
19%
Sec—
series
A7s
94Vi
10
523A
53
1957
stamped
United
81%
107% 11038
98% 106%
17
.102
99% ,100
-
-
96
F-A
A
102
•
100
J-J
1952
Indianapolis
•:
M-3
M-N
..1963
;
105'
J-D
...—1950
5s__.
5s
*
.3-D
1956
.May 1957
Indiana
;
..1954
J
ref 5s series C
&
S f deb
A-O
1953
1st & ref 5Vis series
:
V
1967
103 % 107
103
1966
..Dec 1
—
(Hugo)
Debenture
Idaho
106% 1063a'
TOi'%
1951
Electric
•
83%
V
6s—— 2022 ;
L
6s
United
109% 111%
83
3 96%
96
A-O
1949
10638
j-j
46
Twin
47
14%
.$111
A-O
/
39
f
103%
99 % 104
■
Toledo
102
67
45
100
102 % 105%
1023 a 103%
67
108% 108%
20
$103% 105
$105% 107%
103%
64%
i 6s
91
96
10234
6634
Tide
56
81%
79
$43%
$18%
.
J-D
;
40
7
99
79
J-D
M-N
....Jan 1949
Hygrade Food 6s ser A
$97
J-J
1958
—1948
8
87
A-O
Texas
$108% 113
F-A
3-D
......1945
5s
Lt & Pwr 3 Vis
Houston
93
92%
1963
.
Guantanamo
SAGuardian Investors
77
85%
•
11
9
7-4s
10
60
100'% 1013V
10
Texas
13
92%
101%
68%
93
95
57
10234
96'%
Stinnes
.100
90%
91
87
86
Electric—
Certificates
93%
60
60*
77
62
7-4s
90%
92%
5
96%
106%
90%
M-S
130
82
53
86
M-N
Stinnes
95
J-J
129
$58
M-S
AStarrett Corp
MS
1950
_
3%—....
Pow
Mountain
79%
90
.
&
deb 5s—
&
gold debentures..
Standard Power & Light
J-D
J-D
..._1941
A
ser
West 4s
Rys 4s
6s
75
4
11234
1989
Debenture
102*38 1047/a
34
P
Gas
Debenture
1965
Great Nor Power 5s stpd
Green
92%
98
<
98
75
108
26
"
1948
1978
5s
4s—A*
(Adolf)
Grand Trunk
91%
97
$—
A-O
J-J
.3953
__
AGeneral Rayon
46
3
13
80%
(stamped)— _______—May 1948
Conv 6s stamped
.May 1948
47
102%
.9634 10234
1003a ioi34
A-O
.1971
6s
96% 104
4
104% 105
104%
105
103%
3
1013V
M-S
F-A
Standard
92%
123%
25
J
j-j
3%s—.1970
(Calif)—
Gas
Gas
.103%
98
85%
j-j
1957
150
98
111% 112
$131
132
:
F-A
y
Florida Power Co 4s ser C__—_—1966
stamped
Indiana
Spalding (A G)
103 v 106%
104
111%
A-O
3s—..1965
132
9
80%
i
j-d
;
8
32;
1013a 1013a
M-3
v
1951
' 863a
122
105
106%
10534 10834
102%
102 Va
A-O
6s-_.___.1947
5s—
Edison
California
Southwestern
72%
77
,103
11
I
138% 139
j-d
.1952
...1951
mtge 3s——...
Southern
93'%
68%
—
105
103%.
80%
$40
6s-5s
Coal
Counties
1st
100% 102%
'17
89'%
79
F-A
Elmira
69%
79%
108 Va
'
125'%
60
102
M-S
2030
5s__.
I20;
85'A
101
Eastern Gas & Fuel 4s ser A—-—1956
Light
.1952
6s
Power
California
99% 103%
$75%
J-D
M-S
.
Electric
&
Wyoming
Southern
104 % 107 3i
120
71%
106
>102% 103
1023a
J-D
Southwestern Gas & Elec 3%s__— 1970
$121
A-O
5s—.—____1958
5s_—_______.,^A__1944
Power
10
103%
107%
102%
/
M-N
.....1979
& Pwr 6s B
Carolina
South
.■//'"■II
1954
j-d
j.
A-O
108% 1103a
105% 105%
$102
J-J
City)—
—
Packing
105%
J-D
109% 112%
.77%
$.103% 104'%
107% 108%;
A-O
Southern
117% 122
•*.
97%
10734 11134
,111,
108%
M-S y
—..
Estate
Southern
mtge 234s ser Q_—__—1976
Continental Gas & El
$109% 109%
87%
107
M-N
5%s__..—.. .1949
L
&
Water 4 Vis
Real
Sheridan
1
ref
(Bait
$120
J-D
122
98
77
j-d
4s_____. .1969
Shawinigan Water & Pwr 4%s____1967
1st 4Vis series D
—...1970
96'%
87%
86
J-D
M-N
11634
111
j-d
.1949
Indiana
5s: series
Joaquin Lt
ASchUlte
85
ref
mtge 4Vis
San
85
41
111
10434 106
.
111% 111%
'
'
86'%
85%
___1971
Gas
69%
189
85%
1st
Gen
86%
105% 108
10634 108
1
7
Colorado—
Scullin Steel inc mtge 3s__—j..____1951
84%
(Bait)—
111
.1964
E
ref
&
Harbor
Safe
89*
83%
1st
Consolidated
84%
74'%
35%
.1951
111 Va
A-O
Queens Borough Gas & Electric
5Vis series A—
99%.104ya
;■
85%
N—
ser
86 %
1
A-O
A
& Pr
89
M-S
5'As
7s
Pr
89 '
1958
_
1949
&
103'% 103.%.'
89
__.._1969
...
———
Connecticut Lt
s
33
$100% 102
M-S
J-D
____.1950
M-N
M-3
...
100
46%
47%
A-O
'■
1966
.Jan
Debenture
Cities
1955
__
5s_
97%
.1961
*—
.1950
C
1st & ref 4Vis series D_.—u-— 195p
59%
100
F-A
B
.1956
98
100'%
40
J-J
11
„
$104% 108
j-j
Jersey—
perpetual. certificates
1st
13%
32%
1043>4
10434 10534
of New
Service
6%
13%
15.%
115
20
100
11
• 107%
107% 107'%
114-% 115
:,
97% 102%
3
33
$106
j-j
4 Vis B—..... .1959
of
105%
13
1927
Service
j-d
.1950
—
mtge 3%s
Puget1 Sound
.86%
101
13
■
6s
Cities
79
2
15
1953
_
11
;
13
30 %,
30%
102% 103%
105% 105%
103%
M-N
M-S
E
5s
Public Service
15
L 5%S~_
&
5s
86 Vi
105%'
105 Vi
M-N
97% 104
102%'
.
F_.„..__i
(Can)
107% 110
.105% 10834
■
101%
61
108 7/a
10234 106
109%'109%
J-J
6s..,.. .1962
i -.
Co—
Public
10234
104
M-S
ctfs
Rys
Cincinnati St
86 Vi
,-,.,101
109
F-A
.1955
Sinking fund deb 4s,
100% 104
99 Vi
Edison
Corp
1st
"
5,
108%
106
$108'/a 110
F-A
extended
Public Service-Co of
.
J-J
1954
Central States P
101%',
$102% 103%.
J-D
1948
.4:
A5VaS
'
102
Vi
M-N
1953
33As.___.
Power
Gas
Vi
Coke
&
s.eries
Power
117'/a
'
10?
12
108%
100% 101%
5Vis— .-1972
Power
Rapid Transit
Gas
Potomac
112% 115
>;
Elec
stamped
4 %f
115%'
115%
,__y.y_ir_1962lA-O
Birmingham Electric 4%s ________1968
Mr8
Edison • 23AsV_«-_n___ii\.__1970
J-J)
Bfoad River Power 5su-i
_r—-1954 -MS
111
117,.
.
+117Vi 119%
Boston
Central
105
/.
BickfOrd's Inc 6%s_..w_
Canada
31
11.0.110%
M-N
,.___196Q
6s _J,
110
J-D
1957
U
5sJ__—
Light
L__—.—... .1979
Philadelphia
5s
M-S
1950
6s
106
F-A
.1970
Portland
Convertible
50
12
107% 107%
A-O
1948
Pennsylvania Water & Power 3Vis .1964
\
•
&
5s—
Philadelphia
J 00%. 100%.
J-D
1947
33is B___.Aug 1955
105% 108
108%
P.)—
Baldwin Locomotive Works—
14
$105'% 116%
F-A
Park Lexington 1st mtge 3s__._„ .1964
Penn Central Lt & Pwr 4%s__
.1977
•
56
$108
107%
14%
77
(B.
M-N'
.1962
14%
14
& Sons
4s
.13%
A-O
A—*_—1955
Service
14
M-S
4V2S
Atlantic City Elec 3 'As
Avery
Ohio, Public
Oklahoma Power & Water 5s__
108%
107% 108
A-O
14%
112
1C5
...
114% 115%
54%
107%
A-O
_.^._.__1971
14%
F-A
Light
1945
3 Vis—:_i_-„_1968
7%
1977
Gas
56
.
mtge
7%
5Vis A-_______._1955
V
j-j
3s—...
mtge
71
1
5%s—
Assoc T & T deb
1st
Power
1st
High
109
$115
104 Vi 107%
14 Vi
F-A
__
1948
14%
14%
1950
_
5s
Registered
•
____
j-j
——_—1969
13%
J-J
__1949
5%s_.
$14%
M-S
1968
AConv deb 5s
•
1948
)+.
Utility
1st 33%s series A...
3942
112
$106'%
•*-'
Northern Ind Public Service—
'
SAssociated Gas & Elec Co—
AConv
Cont'l
Nor
91
270
50%
$111
;.
Range for
Sold
Low
,
86%'106%
69
1
106% 106%
J-J
1953
102% 109
98%,
89
106%
3-D..
..._,,_____1956
4Vis
96
•
j-j
Bonds'
Friday's
Bid & Asked
High
M-N
2004
Westchester Ltg 4s
Debenture
5s
Y
or
Sale Price
Low
Elec
Week's Range
Last
Period
High
N Y State
103"% 103%
105% 106
Curb
Week Ended Jan. 8
American Gas & Electric Co.—
234s
EXCHANGE
Week's Range
Friday
,
153
THE COMMERCIAL & FINANCIAL CHRONICLE
154
Monday, January 11, 1943
OTHER STOCK EXCHANGES
Week's
Sales
Range
for Week
of Prices
Shares'
Friday
Last
Baltimore Stock
Jan.
H
Jan.
to
inclusive,
both
8
Exchange
STOCKS
Range
Sale Price
.
—
Transit
common
Baltimore
1st
Co
12
preferred v t c——100
Chemical
Davison
of
Co
Finance
Houston
Co.
l
Amer
A
13%
339
30c
Jun
pfd
12%
'
159
12%
—
9%
22%
Mar
9
July
64
9%
,
3.50 July
40
1,005
129
128
—.125
3,299
58%
22%
5
common
57%
108
Mar
10
l
30
8% July
19%
Apr
•
Nov
1.80
Trust
Co
,
12
i
Nov
Bendix
57%
Dec
Berghoff Brewing
12%
Dec
9%
50
Amsterdam
Casualty
Jan
9%
July
26
Aviation
Phillips Packing Co common
Seaboard
U S
Commercial
.
—
common
common,
34%
.5
....
4%
3% Mar
,34
4%
34%
7: 333
28% May
4%
900
3% May ;
6%
4
100.
3%
5% Mar
■V
13%
13%
28%
13%
13%
245
13%
July
78
22
72
Feb
82
Nov
Bruce
22%
662
22%
Dec
Butier
4%
NOV
common
(E J)
4
capital-
10
4%
4%
17
29%
30%
931
16% Mar
3%
5
Dec
Aug
&
Fence
Class
A
1975
5s series A
;_1975
__
52
54
59%
L)
15
Jan
Jan
28%
Dec
9%
Jun
13 %
Jan
11
'
$46,000
54
56%
Boston Stock
Jan.
both
8
59%
67,500
21% May
30%
42
57
Jan
Dec
50
Jun
May
65
American
preferred
South
&
lien
Tel
Tel
&
Shares
18%
100
...
Anaconda Copper
High
2,519
101%
Apr
Albany RR—
—100
_
134%
Jan
Maine
1%
class
8%
class
10%
1st
.100
•
•
*
■
'<7-77
»
5
——...
Gas & Fuel
SS
Lines
Employers
Association
National Stores
Corp
Gillette Safety
Hole
Button
Nov
14%
■•'•■V' 154
14%
Jan
8%
Oct
9
2%
1,645
136
10% Mar
5%
Jan
Common
Continental
Oct
Crane
Sep
Cudahy Packing
1%
Apr
34
1 %
Jun
40
8%
Apr
23
3
T-t CM cr -vTf
Co
Steel
North Butte Mining
6%
89
4%
4%
10
Shawmut Association
Stone
Torrington
Fruit
United Shoe
&
Co
cumul
6%
U
Metal
Utah
66c
Dec
1%
Jan
41
Apr
50%
Warren
Co
Dixie-Vortex
(S
Eastern
Household
100
25
6%
9%
27%
2%
326
145
27%
225
185
3
12
Jan
26%
Oct
7
Nov
4% Mar
12
31%
26.08
29
Oct
Mfg
5
143
5%
22.19 May
Jan
Feb
12%
Oct
27%
Dec
9%
Nov
Jun
9%
Nov
Apr
32%
19
10%
10%
50
1
31%
31%
20
3%
550
Fen
4
Oct
23%
300
21%
Sep
29%
Jan
250
2%
Jan
6%
Dec
28% May
—
Util Corp
—
3%
___5
3%
23
15
—1
"7
•6%
V
%
Apr
Jan
6%
8
18%
3
37%
Jan
6%
Dec
8V2
Jan
3%
Dec
4% Mar
50
4
....
5%
Gardner
Nov
General Finance
10
29%
3%
260
3%
Feb
4%
Nov
General
1%
Jan
General
Motors
15%
35%
Dec
46%
Feb
1 % May
2%
Dec
7%
Dec
37%
200
2
2%
500
6%
6%
400
4
35%
36%
44%
44%
37
*
Foods common
13% May
50
14
14
t
5 '
%
Apr
12c
10
12c
36
36%
142
86
439
88
%
12c
123
Jan
Corp
common——10
4
Dec
29c
Jan
Gillette Safety Razor common
37%
Sep
Goodyear Tire & Rubber common.
Gossard Co (H W) common
Jan
3% Nov
Great Lakes Dr &
Dock common
44%
4%
*
*
*
capital
•
.
24%
Apr
40%
Jan
1,900
29%
Jan
44%
Dec
10%
100
17%
18
200
4,
Apr
3*2
101%
Jan
Heileman Brewing
Jan
80
J!
Oct
Hein
24c
24c
220
18c
Oct
64c
Feb
20C
20c
16
12c
Jun
50c
Motor
Werner
Hubbell
Inc
Harvey
__1
...—.3
common—;
5
26%
10%
10%
5%
capital
Co
—10
100
375
14%
Jan
18%
Oct
Illinois Central RR common..
18%
Jun
26
Nov
Independent Pneumatic Tool v t c
66c
70C
100
60c
8%
8%
10
5%
8%
150
Mar
Jun
6'A
450
7%
.7%
150
15%
15%
50
13
1%
1%
1%
300
1
8% July
70
6%
6%
485
10
3%
Apr
Apr
10
Jan
10%
Dec
6%
Nov
14
13
14
484
11%
Oct
11%
29%
30
443
22
Apr
30
Dec
33%
33
34
75
28
May
Dec
both
STOCKS—
8%
300
19%
8%
19
*
Indianapolis Pwr & Lt common...•___*
Indiana Steel Products common—.__1
Inland Steel Co capital——
——*
International Harvester common.
♦
7%
65%
67%
505
49
63%
63%
64%
746
50% Mar
63%
43%
44
115
37% May
44% Aug
25%
26%
23c
91
7%
7%
55
250
Oil
Co
840
91
16
7%
16
50
12
16
82%
40%
Jun
72%Jan
Dec
15c
Dec
85
46c~
Feb
Nov
105
Feb
6% Mar
8
Co
$2,500
inclusive, compiled from
Week's
Range
Sale Price
25
May
Drug
10%
Sep
53
41%
42%
•
I
6
I__5
Allis
Mfg Co.
American
Public Service
American
Tel
Armour
Aro
&
Equipment
Athey
Truss
Tel Co
&
Co
pfd
capital
common
Co
Wheel
For footnotes
capital
see
page
_»
•
100
100
2%
13%
--
Dec
29% Jun
42%
Feb
160.
16%
Feb
13%
325
4%
4'/4
350
63%
50
54%
Apr
58%
59%
798
40 %
Apr
9%
9%
40
5% May
8%
8%
125
7% Aug
91#
3%
3%
600
3
Sep
4
Feb
x5%
5%
650
5%
Dec
8
" Feb
4%
4%
400
4
20
27
11%
1
1
Switchboard common
*
Lamp com A—%—*
Kentucky Util jr cumul pfd—.—50
Kellogg
Ken-Rad Tube &
Libby McNeill & Libby common
Lincoln Printing Co common..
7 :
7
41
41
7
5%
5
5%
%
%
*
9%
*
preferred
$3.50
Line
Material Co
common
Oil Ref'g Co
capital
—
5
*
4%
2% May
Oct
74
Jan
61
s
Dec
91
131%
Field
Marshall
Rad &
4,800
3
West
—*
common—
Mfg
Mar
350
65
200
2%
400
200
202
91
91%
Jan
%
Oct
11%
Jan
7%
7%
5%
Sep
9%
50
Feb
Sep
Nov
17%
23
550
220
19
19
50
10
10%
13
100
2
2
300
5
4%
5%
9%
8%
9%
5,100
2,800
2%
2%
500
1
1%
2%
700
%
700
9%
2,250
1,200
capital—
pfd—_—..
—5
*
prior lien
prior lien
preferred class A
——100
100
:
100
%
..
Dec
16
12%
16
10
7%
12%
11% May
12%
,
Dec
8% Apr
Feb
11
,
Mar
12% Jan
16% July
4
Mar
2% July
4%
Dec
3% Mar
9%
Dec
1%
Utilities—
Range for 1942
100
37% May
51%
39%
48 %■' Jan
Sep
4
Apr
2
Jan
70
Dec
Dec
3
Mar
13%
Dec
Apr
10%
22%
5%
$1 prior preferred
stock v t c—
Miller & Hart
High
30 %
Jan
90
Common
Ward <S* Co common
Muskegon Mot Spec class A_.
Montgomery
National
Cylinder
National Pressure
National
Standard
102%
May
Apr
133%
Jan
Northern 111 Corp
1,125
2%
Sep
4
Jan
Northwest Airlines
Dec
Northwest
600
6%
*
9%
1%
Dec
Dec
14
1%
Dec
14
%
Nov
5%
Jan
Jan
Jan
y2
34%
1,310
25%
25%
25%
10
9%
4%
10
20
10%
0
*
common—J
*
preferred—'—100
U%
Apr
2% July
9
3%
Oct
North
common
West Util
7%
10
300'.
7%
4%
4%
100
26%
26%
100
8%
10%
7%
7%
1,600
100
15%
Inc common..
Bancorp,
1
10%
16
225
10%
11%
400
10%
100
9
9
Jail
Oct
1%
Oct
23%
Apr
34%
Dec
21
Jan
27%
Oct
7
May
9%
Dec
4
Feb
5
Jun
% May
6,500
33%
1%
1
Cooker common——2
common..;
8%
33%
Gas common
North American Car common...
1,258
450
10
*
•
Dec
Jan
3%'
3
Dec
5%
Apr
15%
class A.
Sec-
conv
128% 131%,
2%
,41
♦
i7e Mar
12%
1
Corp
7%
Low
6
11%
5% Aug
8
50
160
12
13
common———*
common
6%
7 c/o
Shares
14%
10
4
A
Midland
Sales
26%
1
Feb
for Week
13%
3
10% Nov
Mar,.
3% Mar
16
common——..5
Corp
Midland United
official sales lists
25%
5
common
Nov
-Mar
25
Dec
63%
13%
—__1,
Co common
Lion
15
High
52%
Advanced Alum Castings
Allied Laboratories
common
Chalmers
of Prices
Low
_25
common
9%
5% May
18
Dec
182
40%
•
common
& Gas
1% Aug
65
28C
81%
16
(W B) Co capital
Manufacturing Co common...;
Jarvis
Katz
65%
Par
Steel
Oct
15
35% Mar
7%
Last
Acme
8% Jan
'7-7 8% May
Apr
7%
Oct
30
Friday
Adams
,77
Apr
6
-
1% July
Chicago Stock Exchange
common
Sep
Jan
Middle
Abbott Laboratories
Dec
Nov
18
Jan
15%
;-6%
Parts
907
1970
8
Nov
Jan
7% Mar
11%
175
10
18
26%
5
3 % Mar
470
5
25%
——.
30
%
May
27%
Class
Jan,
Feb
515
3%
*
common.
Corp common—:•
1
——■
—.10
Merch & Manufacturers
to
Dec
50
6%
3%
Denver Co
Dec
26
McCord
2
Dec
200
34 V*
34%
1
Auto
common
RR—
Jan.
■
■6% Aug
25-
7
10
Drive
Co
General American Transp common
3%
Lynch
A
104%
77 17%
170
common.——.——*
Morse
Fairbanks
Four-Wheel
—
1,620
32
5
5
50
ser
Jan
13% Mar
30:,;.
160
32%
26.08
28%
*
4%%
Nov
12%
Sep
9 %
Elgin National Watch Co
Eversharp Inc common
Liquid Carbonic
& Maine
14%
Sep
27%
24%
*
Income mortgage
Apr
9
250
Oct
20% May
2% Jan
BONDS
Boston
10%
71
325
V"
*
Airlines Inc
Electric
.100
Co
D)
Dec
9%
common
Dec
27c
Westinghouse Electric
21%
26%
20%
Tunnel
Vermont & Mass Ry Co
Waldorf System
Inc
15
Apr
Feb
Jan
-.10
&
14%
Oct
15%
2
19
25
25
Machinery Corp
preferred
25
Aug
Dec
16%
6
23%
»
Rubber
S
19%
Feb
11 % July
..._—*
common
2%
5
—
Co
19%
4
2%
Jun
%
10
1. 325
200
...
5
Inc
Drug
United
1%
16%
11%
Dayton Rubber Mfg common
Joy
United
1
100
3%
1%
11%
Oct
•
Drill
Twist
Union
Nov
1
5%
* ■
»
(The)
Co
Nov
7%
100
*
Sullivan Machinery
Jan
3
17%
"~4%~Feb
32%
6%
3%
—.2%
Jan
10
23%
17%
24%
*
Apr
% May
4% May
17%
20%
■—_*
17%
83
*
*.
7,150
Dec
11%
Cunningham Drug Stores
125
345
Webster Inc
&
3%
83
Oct
105
425
Machine
Jun
10%
50
25
Hole
Button
Reece
Jun
Dec
2%
83
7%
87c
6%
Quincy Mining Co
70
2,000
;
16%
16%
25
Jun
5%
43
4
RR
Jan
45
11%
68
3%
1
Mills
565
Jan
•
——..100
Illinois Brick
Pacific
4%
30
common—
Dec
2.50
100
...
68%
3%
___*
common
Preferred
York, New Haven & Hartf RR.100
Pennsylvania
common.
common—.—
1 %
87%
67%
.10
8%
Feb
Jan
2%
9
'"
Jan
pt sh vtc class A
50
partic shares'v t 0 class B—* ;
Corp of Amer common
20
2%
11%
2%
Container
3
2%
6%
.100
110
'■;'r':7,'.,777,.;• 77''
Consumers Co—
1% May
11%
3%
England Tel & Tel
July
200
Oct
26%
66
6%
New
96
11%
1,050
1
New
;77v-i:;l0
11%
11%
1,100
—5
Narragansett Rac'g Assn Inc..,
Nash-Kelvinator
Old Colony RR
107% 107%
...
7%
17%
36 %
Dec
2%
Jan
6
—_
38
22%
199
1
v
Apr
7
Apr
4%
t c_
Associates
23
2%
19%
30%
common
(Del)
Corp
Util
Mergenthaler Linotype
450
21%
260
*
5
—
Dec
10,200
Corp.
2%
Co——10
Mach
Copper
2%
% May ;
2%
2
2%.
7%
Edison
Oil
Preferred
Kennecott
Jan
2%
42 %
*
:
.
Jan
10%
22%
682
*
Razor Co
Feb
43
May
38%
common..
20%
32
100
Nov
7
.25
3,505
25
*
May
20
100
38%
—1
common
2%
1
_
71
130
9%
Consolidated Biscuit common——1
Fuller
General Capital Corp
50
27%
A Feb
Apr
..5
preferred
19%
27%
92%
9%
7o
7
2%
1
92%
9%
preferred-
20%
•
—
Electric
common....
Feb
6%
26
92%
*
.5
Consolidated
75C
*
common
Group
Engineers Public Service
Dec
72
4% May
19,100
Feb
42
87c
*
16% Nov
.
7a
Dec
25%
4%
prior preferred
21% July
6
LI
iV
10
Associates—
100
6% preferred
100
Eastern Mass Street Ry common.... 100
6%
preferred B
100
5% pfd adjustment
100
Mass
200
_...»
Diamond T Motor Car common
Common
Lamson
6
6
91
Deere
Int'l
Apr
Jun
6%
6%
—
General
41%
Jan
64%
1%
.100
»
First
Jan
220
7%
3%
Calumet & Hecla
Eastern
12%
72
75%
1%
—
.100
pfd stamped—.
1st pfd stamped—
Personal Prop Trust—_
4% %
59
69%
'
45
8%
9
.100
pfd stamped.,.
1st
B
class D
Eastern
15%
-71%
pfd.
—
Cities Service Co.
Common
prior preferred—
Jan
21%
285
RR—
5%
Boston
*
Feb
19%
20%
82
24
■:
6%
440
14
64
Sep
21%
25%
62%
25%
—100
Boston Herald Traveler Corp—____
A
81%
—.25
Edison
Elevated Ry
9
10
Dec
4%
5%
Chicago Yellow Cab capitalChrysler
33
18%
Aug
14%
5%
10
24%
*
Boston
&
500
13
Jan
.30
preferred—
Convertible
Range for 1942
Low
127% 132
131
__.——50
Inc
Boston
Boston
1,650
Jan
7%
10
~5%
com—.50c
preferred
Commonwealth
Son
&
50
———
West Util
Chicago Towel
High
$6
Chicago Corp common—._.
official sales lists
of Prices
Serv
Cherry Burrell Corp
for Week
Low
Sugar Refining——100
American
Boston
300
111 Secur
Sales
Range
Sale Price
Par
v
2% Aug
1% Mar
4,300
14%
15%
Illinois Pub
Central
Exchange
Week's
Last
STOCKS—
&
2%
13%
Campbell Wyant & CanCentral
Convertible
Bird
1%
14%
.10
May
Convertible
inclusive, compiled from
Friday
May
7 % Mar
Prior
to
Jan
19%
12%
15
7
5% cumul conv. preferred—
$7
2
Jan
50
"50
2%
common-
common
Brothers
Central
Jan.
39% Jan
.;
591
,
13%
Wire
preferred.:
(E
Co
Foundry capital
Transit Co 4s
Feb
11% May
,
Jan
30
Bonds—
Baltimore
Dec
100
27%
Sep
100
30%
Feb
6
5%
-5
23% May
203
4%
50
Dec
14
150
150
-5
...
16
4%
Fidelity & Guar
16%
16
5%
Corp:.—:—
Corp
Warner
28%
210
100
—
Nov
13%
Borg
22
22%
Jan
9%
16
-1
Brown
2
4%
6% May
•
New
Jan
Jun
13%
Binks Manufacturing Co capitalBliss & Laughlin common
78
Monongahela West Penn Pub Serv—
7 '-/o
preferred
—25
Mt Vernon-Woodbury Mills pfd.
100
High
,5e
%' Sep
2%
Nov
129
27%
210
—50
10
1,850
9%
9%
*
Radio; Corp—i.
Belmont
Brach & Sons
Mercantile
%
3%
17% Nov
Apr
12%
129
20
_
of Texas vtc
Oil
178
—
.
High
Low
,
16V2
1,15
1.15
10%
12%
1.15
vtc—*
Consol Gas Elec Light & Power com—*
Fidelity & Deposit
High
16
*
Corporation
Shares
of Prices
Low
Par
Seelig Mfg class A com. —5
0
Bastion-Blessing Co common—
10
Belden Mfg Co common.—
Barlow &
Range for 1942
Rangefor 1942
Low
%
.
—3
(Delaware)—
Corp
i
High
3%
common— —3
Washer
Automatic
Aviation
Sales
for Week
Week's
Last
Low
Par
official sales lists
compiled from
Friday
Arundel
STOCKS—
Apr
27%
Jan
3% May
8%
Dec
7%
Dec
21%
6
Feb
8
Apr
17
Jun
11%
10%
6% May
11
Dec
Feb
Dec
COMMERCIAL
THE
Number 4141
157
Volume
&
FINANCIAL CHRONICLE
155
OTHER STOCK EXCHANGES
Friday
Range
(The)
Parker Pen Co
Peabody
Coal
B——.
common
Switch
Elec
Pennsylvania
class
Circle
Perfect
Pressed
1
Packing
Serrick
Co
&
Inc.,
Spiegel,
Standard
Oil
Standard
of
98
98'
Co
&
Swift
Carbide
Union
U
S
United
U
Air
Steel
S
1%
Co
Lines
common
Feb
30
Apr
22%
33%
Apr
Jan
Jan
20
423
7%
800
14%
450
29%
284
42
42%
287
8 %
50
—25
2
8%
—
Jam
25
Jan
29 %
19% Mar
30%
■
42%
58%
134
41
Interlake
Steamship
2 %
Dec
2%
Dec
25
103%
a 15%
35
a25% a25%
65
a
15%
al00%al01
30%
——
Machine Y-—-
11
100
Dec
295
31%
30
Aug
40
Jan
May
20
Nov
Feb
12
Jan
Sep
19
19
42
17
10%
10%
150
9
11'/.
*'•
*
Kelly Island Lime & Tr
McKay Machine
—
McKee, A. G. "B"—
11'%
50
12
Nov
14% Mar
30
25
27%
Nov
32
11%
,——*
_
National
Acme
30
e
Natl
—
——1
:
;
a
"
70
15%
4
Refining pr preferred 6%———■*
Refining
National
common....
15%
Mar
5
4%
a
3,130
3%
65
70
1 '/a
————*
Tile
Ohio
i
"B"
Brass
Richman
Bros.
Oil
1% May
165
1 %
36
Jun
Dec
3%
60
Nov
Jan
1%
Nov
21% Jui.v
29%
Jan
65
Dec
60
Nov
700
Ohio
17%
25
—
17%
%
25
23%
24%
1,094
a37% a37%
105
24%
•
—
of
Thompson
Van
West
Prod
Dorn
a26% a26%
*
Inc
9%
*
Works
Iron
Res Inv
Corp preferred
Dec
Addressograph-Multigraph
%
Dec
Cleveland
Dec
Firestone
%
12
10
55
55
100
350
55
Feb
55
Apr
bj
Rubber
10
20%
Dec
Glidden
55%
Jail
Industrial Rayon common
Natl Refin
155
107%
Jun
119%
Jan
1%
Jan
2
125
206
14% al5%
80
a337/a a34%
*
common—;
—
—
—
93
a
——_*
—
50
a31% a32
Electric
Co
10
common
&
20
a30% a30%
a26% a27
44% May
690
10
Co__;
Graphite Bronze common —1
Tire
Apr
200
2
al5 % al5 %
Dec
<
May
7%
475
19%
2
200
Hanna, M. A., $5 cum preferred..——"
82%
Apr
Jun
5
627
1
2%
Nov
Sep
82%
112% 113%
1
100
-
Jan
2%
Unlisted—
47% >48%
_;" ,;'
*
—.——
Nov
20
1,775
19
63%
18
14%
74% Mar
Dec
8%
Mar
80
18 %
Dec
Rubber.
&
General
5
common—
29%
Apr
.
5
12Va May
62%
80
*
—20
„—!
Manufacturing
Standard
28%
7%
9%
July
Nov
2
29
capital
100
Nov
100
4%
29 %
—
Dec
Sep
28%
.
._
665
11%
55
Nov
Nov
25
15
preferred
cumulative
Nov
5
Jan
1%
23
Transp
Utah Radio Products
20
62 %
May
2%
22%
capital
Dec
100
22%
common..
Jan
15%
27 % Mar
50
10%
50
Oct
330
14%.
Carbon
&
Gypsum
2
1%
14%
) common
57% Jan
3%
28 %
capital
Corp
Thompson (JR
Dec
Jun
1%
capital
25
common.——5
common—5
capital
Nov
3 Ye
--
Tool
International
Texas
pfd—100
2
.1
capital
Swift
73%
Eaton
National
common
Corp
8% Jan
Apr
4
20
Jan
10%
*
43% May
150
14%
282
25
14%
100
23 %
Machine
Sundstrand
4%
Dec
Nov
14
60%
a36% a36%
Y
General Tire & Rubber Co—,
10%
50
641
10%
2%
..
Goodyear Tire
ll/a
310
19
1
Rec
Dec
%'
61%
4%
Finance
Jun
38
60
High
Jan
8%
10%
■ft
common
Jun
.
19
__
435
14
%
50
14%
14
14%
60
10%
59
preferred-
47%
5%. Jun
100
1%
Iron
24%
Apr
Jaeger
Indiana
Warner
Stewart
Corp
—1
——
Cliffs
Oct
56
40
1%
Range for 1942
Low
High
10%
tit Apr
36
20%
550
71
Low
Nov
97
30
common
25%
Jun
740
70
23
Dredging
18%
100
6%
30
Southwest Gas & Elec 5%
Cliffs
800
1
Works capital— -.5
Lathe
Bend
Nov
22%
30
preferred
15
47%
40
*
class B common-
Corp
Signode Steel Strap
South
capital
12%'Jun
898
%
common——
Roebuck
Sears
Cleveland
22
70
-10
Raytheon Mlg Co 6% preferred
5
Reliance Mfg Co common—
—10
Sangamo Elec Co common--—__—*
Rath
Clark Controller
Nov
24%
6%
—*
Oats Co common—-
Quaker
Nov
50
Car commori—————.1
Steel
3%
14%
L':
Shares
'
77 Va
60
46%
__
for Week
1
City Ice & Fuel—
Colonial
—
(The) common..,
Co
Potter
Co
(The)
14% Aug
,Jan
Jan
20
23%
—100
Peoples Gas Lt & Coke capital
Range
of Prices
Par
High
7/a^Jan
75
14 %
50
capital——
RR
10
250
2%
2%
14%
-10
A—_
100
75
——100
preferred
6%
Penn
~2%
-—a
Low
15
14%
10
common-
STOCKS-
Range for 1912
Shares
High
Low
Par
Sales
Last
Sale Price
for Week
of Prices
Sale Price
STOCKS—
Week's
Friday
Sales
Week's
La-st
——
140
70
Dec
N
'
Y
Central
*
20%
20%
180
15% May
20%
Dec
Ohio
100
27 %
27%
80
23%
Jan
29%
Oct
Republic
Westinghouse Elec & Mfg common—50
80%
82%
223
63%
Apr
82%
Dec
U
5%
100
4%
Dec
6%
65
\
prior preferred 6%———-"
—*
common
a
10%
*
RR
a
12% al2%
192
a48% a48%
36
Jun
9%
12%
Oct
30
14%
40
a
25
10%
Sep
Jan
Walgreen
Co
common—
Western Union Tel
common
Wieboldt
Stores
Inc
Williams
Oil-O-Matic
Woodall
Industries
Wrigley
(Win
Zenith
Radio
1%
250
1
Aug
2%
5%
850
4% Mar
5%
300
4
2
capital
*
58 %
61
—5
4%
5
300
•
19%
2 %
262
Corp
,
common
Radiator
St San
&
6 %
25%
920
.1
7%
6%
7%
31%
30%
31%
1
19 %
18%'
5
•
%
10%
—
Electric
Iron
L)
Oil
Co
Radio Corp
—
capital
*
•
-—
common—
57
473
Dec
Watling, Lerchen & Co.
—
New
Jan
Oct
Detroit Stock
May
67
Jun
9
Jan
21%
Apr
5%
Jun
30%
7%
Ford
6%
1,300
3'/a
Jan
11%
655
6%
Jun
12%
Apr
17%
28 %
Nov
11%'
Telephone: Randolph
Oct
20% July
Dec
16%
11 %
7
7%
Apr
Oct
Delroil Slock
2
Jan.
2% May
5
13% May
8
Jan.
to
inclusive,
both
Dec
Standard Oil of
46%
Jersey capital__25
New
Studebaker Corp
47
19
Jan
Apr
5
46%
Dec
,;:Y 6% Nov
3% Aug
256
Last
10
Rubber Co common
Yellow Truck & Coach class B
25%
1
—
YY
26%
12%
27%
1.3% Mar
40
12%
—
100
10 %
"Y14
Aug "
Dec
Nov
*■
Burroughs Adding Machine———*
Crowley,
Detroit
2
Jan.
to
Jan.
8
both
inclusive,
Friday
Range
Par
American
Laundry
Machinery
Champ Paper & Fibre
Cincinnati
Telephone
Cincinnati
Tobacco
Hatfield
Hilton-Davis
10
94
224
68
Aug
9
643
5%
Jan
61%
215
57%
Nov
5%
6
4%
Feb
#
Proct er & Gamble common——
.■*
S
—
::
—"
1.0
;——
———
Playing Card
——
7%
8
8
'•
24
:
Nov
Oct
Jan
77
5%
9%
Nov
Jan
Mar
18
17
Feb
25
Jun
9
Mar
Y 5
-
24
10
5%
Jan
14%
14%. Jun
Jun
37
Dec
27%
465
22%
Apr
29%
Jan
48%
49%
430
42 Va
Feb
52%
Oct
2%
2%
75
30%
—
37
26%
30%
40
15
25
2
May
4%
Oct
Jan
30% Mar
25% May
*
10
Brands
*
—
2-
2 %
Timken Roller Bearing
2,298
1
July
2%
Nov
305
30
Jan
44%
Dec
3
Aug
4%
Nov
45
5
554
4%
5
0
41%
Jan
12
147
2%
-
44%
44%
9% May
10%
10%
25
—
25
41%
43% Jan
32% May
General
Motors
Goebel
common
to
Jan.
8
both
inclusive,
Last
Sale Price
STOCKS—
Brass
Manufacturing...
Body—
—50
-——5
Brewing Corp of America
.—3
of Prices
160.
—
% —'I''
__
6%
al9%
a
19%
95c
July
1%
Feb
78c
Jon
4%
Aug
18%
Jan
3%
2,963
17%
2,757
15
Apr
70c
100
57
May
2
103
1% Mar
2%
Oct
3%
100
3
July
4%
Feb
100
17
16%
2 % Julv
3%
Feb
Nov
7%
100
6% Mar
9
2
150
1% May
2
1%
1%
94c
44%
1,523
450
1%
83c
1,300
94c
30%
1% July
60c
4
70
100.
95
..
Dec
Dec
2%
Jan
1 %
Nov
14%
12%
Dec
17%
9%
145
6%
Sep
10%
Jan
4%
4%
300
3%
Jan
5 %
Nov
Lock
& Mfg common—
53c
53c
Kingston
Kresge
common..
Oil
Sugar
Packard
Park
19%
200
17% Mar
21%
Feb
2%
100
2% July
2%
Nov
2%
2%
100
1%
2%
Dec
1%
Nov
1
1
1
13c
14c
Peninsular
Metal
Invest
1
(Fred'k)
...
10
Investment
Shirt
Dist
1 %
200
6%
Dec
8
4%
Apr
6%
3
2
Jan
2
235
1%
Dec
29
654
19%
Apr
29
16
Oct
17
84c
84c
957
125
14%
2%
Jan
Jan
Nov
Oct
Aug
Dec
Feb
Nov
1%
500
1%
Jun
1%
Jan
1%
1%
250
1%
Dec
2% Mar
10%
1%
1.00
1%
10%
150
10%
•
200
56c
Mar
15%
Feb
2%
—
2%
100
2
July
2%
Nov
200
10
Mar
13%
Dec
190
23%
Dec
,
1.—___i
13%
13%
common—.10
28%
28%
Jan
33
Jan
"
3 Va
3%
150
2
Feb
3
Dec
*
3
3
300
3
Feb
3%
Jan
Jan
1 %
Nov
1%
Jan
common—..—
Axle
Aug
300
2%
Jan
2% May
6%
1%
—
common.......
60c
23c
Jan
5%
2%
76c
1
*
Jun
Dec
1%
16
Prod
common.—
:
200
62c
1
13c
28
2%
2
2%
Paper common.
100
6%
*
.
common
1,000
1 %
Jan
5%
6%
*
Rust-Proof
62c
62c
*
common..
Parke, Davis common—i
Raisin
1%
10
:
150
l
13c
°
Chemical
Parker
Feb
Dec
2%
1
common——,
Car
1%
1%
10
Motor
Feb
19%
1%
—
1
common
Michigan Die Casting
Michigan
Jan
1
1
10
—_
common;
Masco Screw Products common.—
McClanahan
30c
2
common..
Wines
LaSalle
65c
150
300
53c
Jan
1%
1
Products common—
(S S)
Lakey Foundry & Mach
100
*
13 %
common—
common
1%
1
1%
1,100
75c
High
July
5% July
May
44
9%
United
Range for 1942
Jan
■
14%
Union
Low
.
Oct
18
900
3%
10
Bear
Timken-Detroit
Shares
'
Jun
Jan
1
2%
*
—1
&
Hudson Motor Car, common—,
Stearns
Sales
for Week
4%
6%
Feb
200
common...
Ball
Hoover
Sheller Mfg common...
High
4%
1%
70c
44%
1
1
i
—
tr S Radiator common—
American Coach &
For footnotes see page
Range
-
Oct
Sep
official sales lists
from
Week's
Low
Par
Akron
Exchange
compiled
Friday
1 Va
9%
19c
135
Hoskins Manufacturing common
Scotten-Dillon
2
'
7%
—-10
common—
Brewing common
Graham-Paige
River
Jan.
1%
Feb
500
9% ,Y
22c
15 %
2
1
common——
Prudential
Cleveland Slock
3%
3
common
...——-10
Finance
Murray Corp
Motors
Standard
Industries
Preferred
Preferred
Unlisted—
General
6% Mar
3%
July
37
27 %
49%
Gar Wood
Hurd
16
79
21
20
8
9%
234
18
Nov
17
Nov
Jan
83
6 % May
100
7%
16%
...»
*
U
5%
—
—1
—:
Kroger
Rapid
60
61%
*
——
—
100%
Aug
83
——————50
class A
Hobart
100
——-
prior
18%
Apr
8%
*
preferred————12
Art
Gibson
14%
81%
Ware—___25
Cincinnati Un Stock Yards
Insulation
300
18 %
100
100
.
—
General
50
100
Apr
22
Jan
19
10U
Preferred
Cincinnati Street-
High
Low
190
21%
21%
175
3%
:
.1
common
Nov
Jan
21
3%
17%
—
Truck
Motor
4%
17%
3%
20
common
7%
Feb
Range for 1942
High
17%
■„*>
Cincinnati Gas & Electric pid
Formica
Shares
20%
21%
Stove
Aug
2
common—10
Nav
Fruehauf Trailer common—-———!
for Week
Low
20
—
—*
Federal
of Prices
Last
sales lists
——
common—
5
3
22c
Gray Iron common———5
Detroit-Michigan
Sales
Week's
■
Sale Price
STOCKS-
official
from
compiled
Edison
Detroit
100
1,100
9%
9%
:
common
Cleveland
&
Detroit
Exchange
Milr.er
5%
4%
21
21
common———1
Steel
High
Low
4%
:.——1
Manufacturing common.:
Briggs
Range for 1942
Shares
High
5%
5%
common————5
Forge
Drop
Consumers
Cincinnati Stock
Low
Par
Atlas
for Week
Range
of Prices
Sale Price
Baldwin Rubber common—
S.
official sales lists
Sales
Week's
Jan
Apr
31
428
\
5%
5%
5% :
1
common
5
Exchange
compiled from
Friday
STOCKS-
2%
793
4%
5530
Oct
Y 640
14%
14
5
Associate
Exchange
Jan
6,350
6
5
„
150
11%
26
17% May
550
277
Curb
DETROIT
Building
Jan
400
27%
York
Chicago Stock
Exchange
Oct
350
11%
14%
*
New
Exchange
Jan
5%
50
'•
6%
16
6
•
common
Jan
53
19%
26%
,
Stock
York
28%
6%
V
Members
6% Nov
Apr
10%
—
*
of America common
Republic Steel Corp
16
1
common
capital.
Standard Brands common
U.
Feb
Dec
20 Va
27%
231
6
common—:
RR
(The)
46%
56
—
Corp
Pictures
Inc
45%
common.
Co
York Central
Paramount
Pure
Co—
Corp
Glenn
Nash-Kelvinator
Pullman
4%
3%
1,350
New
~17
Jan
2% Mar
22% May
"■
865
Curtiss-Wright
i
62 Va
^
v
Copper Mining——
Interlake
Apr
8% Mar
■Ct
285
6%
24%
•
com
24%
Martin
July
40
985
20%
-50
Atchison Topeka & Santa Fe com—100
Bethlehem Steel Corp common
*
Anaconda
General
*
13%"sep
Jan
3%
3%
common—
capital—
Steel
a
Nov
3 %
al4Va
_*
.
Feb
5%
S
common
Steel common
Stocks—
Unlisted
American
1%
*
common..
Co
Jr)
Mach
Yates-Amer
♦
common—
Bankshares
Wisconsin
5%"
a-—-*
common
Oil
-
'
4%
Apr
Warner
7%
Feb
Wayne Screw Products
Aircraft
common
Young Spring <fe Wire
common
1%
1
4
*
4'/a
1%
720
1%
Jan
4%
4 Va
100
2%
Jan
7%
7%
100
6%
Jan
Monday, January 11, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
156
OTHER STOCK EXCHANGES
Week's
Last
Friday
Last
Shares
Pfices
Range for 1942
'
Par
Accessories Inc.— —— -50c
1
Petroleum Company——
Corp 5 % % pfd
Aircraft
Bandini
Barker
1,90
2
p*.
Corp
Bolsa Chica Oil common
——_—
—
—1
—
1.90
30
1.35
225
80c
80c
100
7%
■
42c
:
—
5%
1,045
3c
1,000
2C
3,000
lc
Nov;
3c
3c
1,000
lc
ai7y8
17%
10
19
19
100
8
8
100
<1'
Byron Jackson Company——
.100
Company—.—..
Aircraft
Cessna
—I
Corp—!———
Chrysler
19
5
P.
aJ37 J/2
*
Consolidated Oil Corp——
68%
7%
.—P——
6%
6%
1,135
21
Co
General
"A"
Motors
Hudson
Aircraft
Lockheed
Feb
44%
5%
•
9
34
.
2,300
May
32%
27c
100
7%
18
97 %c
1.15
al5c
15c
6
7c
3c
July
Jan
Jan
23
1.90
Jan
10c
Feb
.Sun Oil
8c
Jun
A
16
100
25% Mar
30 Ya
32 % May
40
Oct
410
22%
Apr
32% Nov
77%
300
6%
Oct
12
77%
a7%
a7%
.2
18%
22
2%
2%
3
475
/
8%
34%
18%
120
100
14
2%
379
Dec
1%
Jun
Southern California Edison Co Ltd.
6% preferred B—.
——
—
22%
2,954
30
30
228
24% Mar
-25
28%
29
559
23
16
16%
815
28%
29%
1,011
—P.——.,—2''
Janl
2 to
'if-,,
8 both
5
8%
Dec
3,034
4
Jan
6%
10
16%
t
■!
Dec
7%
161
6%
Dec
6%
6%
300
4%
Oct
Zenda
Companypp —I
Gold Mining
3%c
A
'
.
3%c
.
•''
■■
"
|c
Amer Rad & Std Sanl Corp—.
1 1
Amer Smelting & Ref Co—
|
American Tel & Tel 'Co.—PP. IIoo
f
Viscose
Anaconda
•
—Z '
a32%
Copper Mining Co———50
25
24%
3%
Atchison, Topeka & Santa Fe Ry.
Corp (The) (Del) P—
I
-100
3
Aviation
Jan
6%
5c
Dec
Sep
' Baldwin Locomotive Wbrk
?
v t c——13
3%
all%
all%
:V'vV.v
Jan
-Z
'
Apr
176
Feb
110% Mar
117
Nov
l|4%
50
16
Nov
2%
;3%
500
38%
30
14%
"3%
■
30
'
4% Oct.
2% May
•
11%
:
Nov
26
18% Jun
Apr
3%
Jan
39%
Dec
43%
Apr
55%
Jan
20
Jun
35
1% July
Apr
\,25%
'
;
*
22
20
tV
%
460
.%
100
1%
2,480
Jan
aV Apr
i'« Mar
%
tPa
37
fa
17%
19%
6%
11
870
5%
15,620
377
Jun
■A
% Mar
%
%
% May..
H Oct
11 Oct
Jan
18
Dec
18
July
3%
92
Jun
Mar
Dec
106% Jan
inclusive, compiled* from Official sales lists
Week's
/Friday.
for Week
Shares
18%
*8
18%
6%
6%
6%
10
2%
2
2%
895
1%
92
mm
*»
5%
8
1%
1%
84%
85%
-6 :1'
mm
fcf'/i 10
,
-
Jan
Sep
7%-Jan
2% Nov
1%
Jan
1% Apr
12% Apr
■
16% Jan
83
12
13%
92
—
22%
% Sep
5
220
1%
13%;
Refrac common—*
High
16% May
104
18%
.—100
Mountain Fuel Supply aft) M*
**
"•
■+* tm*- 1Q
Pittsburgh Oil & Gas....—..—...—5
Pittsburgh Plate Glass...———25
Pitts Screw & Bolt Corp.—
—•
Pittsburgh Steel Foundry common.—-*
Reymer"& Bros
,.f
Ruud Manufacturing—_5
San Toy Mining
—————_1
Westinghouse Air Brake.
Range for 1942
Low
High
Low
—
Walker,
Sales
Range
of Prices
Par
w
10% Mar
97
Jun
800
4%
1%
Jan
170
55%
Feb
6% Nov
1% Jan
Apr
1,266
86%
4%
25
3% Aug
5%
3%
100
3
Dec
5%
Jan
2
"2 /;
Feb
4%
3%
85%
2
100
1
Jan
2%
Dec
7%
Jan
2c
Jan
34
5%
5%
lC
lc
15%
5% Aug
lc
2,000
;
16
15%
14
259
/:■
Jan
Dec
Jan
19% Feb
May
6% Dec
41% Oct
Dec
130 y2
Apr
_23%" Dec
460
3%
463a
11%
...;
103:
127
Apr
Oct
25
25
3%
a44%
:(w.
.
36%
25
807
2%
600
^
'
.
'4%
200
f:
32%
31/2
—5.
(HI)—..
Armour & Co
6%
37%
al27% 131%
a 131%
Corp-.^.^—-P.—14
American
v
6%
U37y8
'-.p*
41 *
30
Last
Koppers Co preferred
.
;Aj-Z
Stocks—
Unlisted
2,887
114% ii'5%
Brewing—.1
Pitt
Harbison
Dec
7
Dec
lc
4,000
9
'
>.'
!
Fort
Dec
2.263
7%
1
...
23%
24%
149% 150
Sale Price
STOCKS—
10% Apr
9%
Air Lines Inc...——.——1
Western
1,500
24
Columbia Gas & Electric...—
6%
7%
Vultee Aircraft Inc
J3%
114%
/v;'-:,
Blaw-Knox Co
Apr
3%
103% 104%
Dec
6
Jan
358 ;
6
29
6
Jan
3
60.
2%
3*8,
Apr
25
■3%
1%
3%
2%
'
18%
100
Jan
5
3% Dec
2%. Jun
3%
Allegheny Ludlum Steel—.p.—.—*
16%
8%.
j4%
2,193
"2%
19%
Nov
6%
4%
„_25
18
8%
Jun
—1
10% Jun
a6%
4%
Pittsburgh Stock Exchange
Nov
6%
6%
—..25
Jun
50
3%
Dec
Consolidated Oil—P—.,10
Universal
California
Dec
4%
15 %
T:
Dec
Van de Kamp's H R Bakers Inc com-.*
of
Oil
Nov
;
30
Apr
Apr
Union
Dec
34%
44%
22 *
...
Jan.
,
Feb
15%
a9%
Taylor Milling Corp
1%
Apr
Jan
48%
.
_.».
Feb
29%
-
38%
28%
Feb
%
28%
330
4%;
:
-p
———————
Jan
2%
21
Apr
21%
.25
.25
of California..,—
Corp
15
70
500
45
68%;
5%
1'r
22
>1%
35%
44 %
—
Corp common..——.....
$3 preferred ——————
United Gas Improvement common.
$5 preferred 'Pp———PP;.—j
18% Dec
■
Jan
Dec
70
Feb
24
Jun
Jan
44%
10
..25
37% Nov
10% May
22
.
44%
Jan
5%
May
186
May
33
33%
1%
,
—
,
134%
67%
participating—.——
Preferred
Apr
Feb
12%
•101%
67%
United
a% Jan
Apr
6% Mar
20
8%
——15
6%
20
7%
Apr
High
Jan
609
12
9%
35
Tonopah Mining
Transit Invest Corp common
Dec
300
34% .34%
34%
495
39%
Range for 1942
Low
177
127% 131%
—————L
Class
25% Nov
24
30%
Signal Oil & Gas Co class A——;.p.—*
Solar Aircraft Company..
—1
Transamerica
————
Shares
Tacony-Palmyra Bridge—
Feb
30%
3%
Oil Co
l%Mar
—
High
,
Mar
39%
35 %
Standard
"
for Week
Dec
45c
July
23%
39%
3%
Co
4% May
70% July
Range
>11%
....
———_1
preferred C—
■
26% Dec
55% Jan
8% Dec
83% Dec
2
Oct
16% Jan
45% May
.
of Prices
130%
.....5
Scott Paper——...—.....,
Nov:
8
Apr
40c
7,000
5c
35o
92V2c Dec
125
100
Dec
7% Feb
Oct
15% May
3.262
;;
57%c57%c
35%
5% %
14
Low
,
12c
Mar
18c
1,000
17%
3%
Southern Pacific
10
31
—
Lehigh Coal & Navigation
—50
Lehigh Valley RR
—
National Power & Light.—...
Pennroad Corp voting trust ctfs„ Ill
*
50
Pennsylvania RR_.
Z
Penna Salt Manufacturings
—50
Philadelphia Electric Co 4.4 % pfd- .100
.-50
Reading RR common.——.,
Sale pome Oil Corp—..
—1
4% Nov
Feb
5%
.
Gimbel Brothers
Dec
4c
400
7
27c
common—25
Corp—
2%
—'
common—P—
Electric Storage Battery
General. Motors,
Dec
3% Mar
125
14c
5c
9
26%
17
160
17%.
Ltd————_.1
Markets Inc.—..
Oil
a2%
a31
—
'
,..100
....
p^
Curtis Pub Co
Jan.
Jan
6% Mar
75
4%
35%
Union
,•
Sale Price
& Tel
Chrysler Corp
Dec
11%
100
26%
American Tel
Feb
Nov
a7%
17%
i
Safeway Stores, Inc—
Shell
8li%
100
165
Par
Feb
20o
3%
6%
1st preferred...—.
Public
64
Jun
31%
7.
Pacific Indemnity
Roberts
Jun
10c
200
—10
Ryan Aeronautical Co
53%
356
14c
—,,—25
Co—-——.—10
Pacific Lighting Corp com—-.——
Puget Sound' Pulp & Timber Co—
Richfield Oil Corp common...—p—*
69c
f 8
American Stores—.——P.——,
Oct
90
4%
Corp
23
1,450
34
Angeles Investment Co.———i.lO
Menasco Mfg ;Co
i.——P.—P.L
Merchants Petroleum Co
p
1
Mt Diablo Oil Mining & dev~—:
1
Pacific Gas & Electric
355
8
a8l%
P.
1
50
48%
Last
Oct
7
5
9
Los
Nordon Corporation
>26
48
,
Dec
|q Jan. 8 both inclusive, compiled from Sales
official sales lists
Week's
STOCKS—
7% Nov
45
10c
Co—,
Petroleum
Lincoln
2
Dec
Apr
20c
a25 %
—-—;1
;
69%
5
9
Corp—
Co—
500
13
a26
—
Oct
a44%
~5
"A" common—.
Petroleum
.13
24% Dec
% Mar
19% Dec
34% Jan
A Oct
Philadelphia Stock Exchange
Jan.
Dec
12% Apr
Jun
4
56%
56%
Car Company—.
Motor
Lane-Wells
a
,_10
common...
Gladding McBean & Co
...
Goodyear Tire & Rubber Co——.
Intercoast
Nov
20
Jan
17%
21
20c
General Paint Corp common
Hancock Oil Co.
Nov
16%
4% May
300
20%
—1
common
Corp
.
a56%
Douglas Aircraft Company——.,
Oil
100
a26
10
(F W)
Nov
1C
Jan
46%
200
6%
Exeter
2c
9Va May
7% Dec
60
7Vo
'•
Consolidated Steel Corp,—.p
Preferred"
8% Mar
26%
82%
62% Mar
135
Aug
2C
May
10
25
18 %
Friday
Corp—*—i—
Central Investment
-
80%
18 %
..
8% Jan
Nov
3c
.
Woolworth
High
Low
.
Jan
75c
Apr
77/a '
3c
—1
——.
2
July
3c
7%
Dec
Range for 1912
High
a80 %
„
Corp
Westinghouse Elec & Manufacturing-50
Willys-Overland Motors Inc—.——1
3% Nov
32%
Dec
1.15
—
Department Store Inc.Buckeye Union Oil Co common—— I—L.
I
Preferred vto
P.P.
Broadway
Preferred
2.20 Sen
1.35 July
2.20 May
22% May
3%
30%
—'
;
200
350
1.95
3%
1.35
'
High
Low
High
30%
■
Bros
Diamond
Blue
Low
Aircraft
"
a26
*
r—5
Air Lines Transport
5
United Corp (The) (Del)
——♦
U S Rubber Co--.—......—... 10
u; S. Steel Corp.—....
P,;.-.—.*
Warner Bros Pictures Inc..-.........5
United
for Week
Range
of
Sale Price
STOCKS-
Union Carbide & Carbon Corp..
United
Sales
Week's
,
Low
Par
compiled from official sales lists
both inclusive,
to Jan. 8
2
Jan.
Angeles Slock Exchange
for Week
Shares
of prices
Sale Price
Los
Sales
Range
Friday
STOCKS—
:
28'% Oct
53
Oct
2% Jun
500
4
y8 Jan
10%
Dec
133/4
31
25
St. Louis Listed and Unlisted Securities
33/4 Jan
Sep
Jan
29
95
Aug
LDWARD
Feb
U.
39% Jan
JONES
'
Bendix Aviation Corp
Bethlehem Steel
; >
a34%
—.5
——— —5
I
Canadian Pacific Ry
i.
Caterpillar
-.25
Co
Co——
Columbia Gas & Elec Corp..—— !-•
;
;
Commonwealth
1
Commonwealth
Edison
;
!:
General Electric
f
General Foods
Co—.
Goodrich (B F) Co
t
Int'l Nickel Co
Jun
1,400
35
2«/a,
1,800
lVa May
9%
120
7
33% Mar
8% Mar
22%
»
•
-
22%
22%
225
a4%
'JP»
.p'p
4%,
7%
a35%
36%/.:
•33
25
•
International Tel & Tel....—w—
..
Jun
Jun
24%
9
Jan
Apr
Apr
30%
St. Louis Slock
Dec
a25%
25%
20
13% Mar
26%
a29
20
24%
Apr
30%
Oct
6%
7»A
400
2%
Jan
Jan.
% to
Jan. 8
both
Kennecott
'<
Loew's
*
!
Montgomery Ward & Co—.—...
a29
Copper Corp
Libby McNeil & Libby common... —17
,
New
i
North American Aviation Inc.—
j
York Central RR—
North American Company
41
34 y<
26% May
P^.' /
Last
45%'
50/
37%
Apr
45%
Dec
331-2
20
25% Mar
34%
11
11
500
6% Jun
12 y2
Oct
alO
10%
300
'9%
13% Jan
11% Dec
'Ww«
r
al0%
—
Par
—10
Century Electric Co,——
Coca-Cola Bottling common-._1
al0%
Columbia
97
10%
7
Dec
Aug
Dr.
•
Ohio Oil Company
•
Packard Motor Car Co
::::i
Paramount Pictux-es Inc
j
•
■
Pennsylvania RR Co
^
Pure Oil Co.——^.....-4.4.'—
.
15%
*
440
2%
135
15%
all%
11%
2
Mar
14% Mar:
234
24
20
100
,
12
6% May
.
150
15%
24
■
all%
12%
2%
^
50
—
.
5
;
12
•,
....
/
17 %
-
Jun
Dec
2% Oct
Oct
253/4 Nov
.
U%Dec
8% Mar.,
»
Corp.....
i
i
Sears, Roebuck & Co
Socony-Vacuum Oil Co—_
Southern Railway
6..
5
6
14%
■
i-
Standard
\
Studebaker
Oil
Co
*
60
....
15
14%
1,020
501
2%
Jun
,
23-
S & D common—
18
Preferred
100
International
Shoe
10
98%
6V4
98%
26
Sply common—
Missouri Portland
Cement
,
A
60
317
60%
44
Apr
62
9
al0%
10%
171
6% Mar
10% Dec
16%
16%
100
13% May
18% Jan
*
4%
4%
'4%
a47
47%
28
-1
5%
5%
5%
335
—
,
...
985
2%
Apr
31% July
4% Sep
5
46%
National Candy common—
2nd
preferred
Rice-Stix Dry Goods common,
14%
11
66
99
99
10.
Dec
St
Louis
Car
common
Scruggs-V-B Inc
Scullin
Steel
;„P
common
common
16
14%
■
103
100
Superior Oil Corp" (Dell
:
Swift & Company
1
al%
1%
50
1%
25
;
a22%
223,4
55
20%
a4238
Oil Co
For footnotes see page 160,
1% Dec
24%
Jan
Sterling Alum common
Wagner Electric common
,
10
—
42 3a
50
9%
9%
110
31
8%
Mar
42%
Dec
St.
Jun
10
Feb
St. L Pub Serv 25 year conv. inc
Louis
Car
6s
extd
32
Jan
4% July
May
32
Feb
Dec
12%
Feb
Feb
14% May
Dec
Dec
15% Mar
Dec
17
Jan
Sep
101
Jun
9%
Jan
17
Dec
100%
Feb
104
Dec
.
~7%
6%
-
25;
104
7%
505
2%
9%
8%
j
5%
Nov
6% Dec
201
8
2'A
Apr.
'10
8%
7%
'
•<
J
8
Aug
300!
2%
5
6
Aug
9% Jan
7%
I
6JA
6%
300
15
24 »A
24%
..1945
85
85
1964
53
53%
I
285
I
2%
10
Apr
Jan
Apr
5
Feb
21
Jun
26
Nov
84
July
88
May
i
Bonds—
Texas Corp (The)
Tide Water Assoc
Apr
Sep
102% Mar
10c
; 98*
1,747'-
16
_*
—10
Jun
Jan
7!4 Mar
*
Jan
6% Nov
Dec
.
July
12
100'
12%
11
*
Nov
8
Mar
12%
.Poor,
12%
*
*
Oct
Nov
21%
9
20.
;
—100
Preferred
Dec
Jan.
26
7is;
29%
14%
,14%
Mar
8
13
2%
,
308'
20c
9
*
Dec
6c
90
.
28%
25
com
Bearing Metals common,
4
May
\ 18% Dec
Mar
6 % July
25
'
j
•
30
3%
common...—
7%
18%
•
25
/
.
20c
——100
—.——
6
■'*
110-
7%
28
for 1943
High
Sep
May
;:PP^5
8
98%
98%
3
10
10
23
7'A
Hyde Park Brewing common——.
10
Hydraulic Pressed Brick preferred—100
Common
12%
-
175
325
8
,__5
I'-
3%
7%
7»A
12%
Falstaff Brewing common..p——_1
17% Mar
—
.
(New Jersey)
;
————P.p.«
4% Dec
Feb
'13%
a 10%
a
—
Corp
,17%
-—5
Midwest Piping. &
'
Company—
Standard Brands Inc.
common—p.
Pepper common
National
i
17%
Johnson-S. S. Shoe common——.
Radio Corporation of America
Steel
; 3%
v.
Range
LOW
;
'
.
'
Republic
Brew
;
Shares
High
Low
p
Ely & Walker Dry Goods common——25
Huttig
1
'
Deo
,
/
for Week
Range
of Prices
Sale Price
Feb
.
a42%
_»'
!
.95
5%
•'
Sales
Week's
Friday
STOCKS—
6% Nov
a33 %
,—P-......P——
Inc
29%
a5%
—
:
Inclusive, compiled from official sales lists
Dec
a29
•
//
Exchange
Dec
35%
7%
' *'
CEntral 7600
Postal Long Distance
Bell Teletype SL 693
Jan
;
'■
of Canada..— —*
Phone
!r.
■/..
Nov
-'I"
a25%
—
Chicago Board of Trade1./'.,/. ///
Associate Member Chicago Mercantile Exchange
>
New York Curb Exchange Associate
'Chicago Stock Exch.
9% Oct
Apr
,v.
-<r.
St, Louis Stock Exchange.Kp;
4% Nov
22V4
'
•
'■
2% Nov
,
p
.
.
LOUIS
"P"
Members ••
V New York Stock Exchange.
:
Dec
3%
V;!273
705 Olive St., ST.
Nov
6
470
31%
41%
'
Feb
Jun
35
7
:
17%
246
12/32 12/32
m
7%
0
1
4Vb
Established 1922
28% Dec
7
31%
—
Jan
41%
—
Corp—:
60 V2
22%
.7
*
.
53% Sep
2% 'PP 2
97/8
9%
Co__—P. —25'
&
35
a40%
Southern Corp
Continental Motors Corp_._P
mil.
Curtis-Wright Corp ——4.._.__ —p
i
110
7
Tractor
Commercial Solvents Corp—— p.
.
57%
27 y8
a4l%
■
1
25
a56 %
:
;
34%
a27 %
a56 %
Corp.——P———.*
Borg-Warner Corp
.
———
$1,000!
-
1,2001
32 %
Jan
59%
Nov
Volume
THE; COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
157
OTHER STOCK EXCHANGES
Friday
STOCKS—
San Francisco Stock
2
Jan.
to
Jan.
compiled
inclusive,
both
8
Alaska
Amer
Mln
2,700
3%
3%
Oil
Richfield
1942
Corp
Aeronautical Co
Ryan
High
1.35 July
2.20
Safe
Stores
Soundview
Oct
Inc
Co
1%
Apr
3%
Dec
20
Dec
9c
July
225
6%
Apr
9
Dec
southern
Pacific
10
5%
6
5%
Oct
Standard
Oil Co
7%
Feb
Tide
103%
Jan
Transamerica
Oct
Union
Oil
of
Union
6%
3% Mar
431
6%
Jun
5%
103e
308
7%
7%
158
V
Preferred
i—
Gas
Cal
So
Co
1.20 Aug
97/a
6%
Bishop Oil Co
_
*
Co
Sugar
Cotton
California
Mills
Ink
Calif
—
Water
Central
Eureka
Cons.. Chem
of
class
3%
3%
35 %
35 »A
190
36%
Dec
43
Jan
15%
16 'A
997
12% Aug
18
Dec
103
Nov
___100
____
'
125
99 Vs 100
:
25
3% May
100
40
Feb
31'A
31'A
15
*
16'A
15%
16%
1,458
10 Va
•
28%
28'A
29%
1,865
18% Mar
10 Vs
10 '/8
10 Va
340
8
Jun
10%
6%
6'A
6%
4,443
4
Jan
6%
Dec
25
Co
157/8
15%
16%
1,225
10
May
15%
Dec
25
16
16
16
100
4
936
—
of California..
Oil common...
10
25% Mar
Dorado
Food
Co..
■
_
Kleiser
&
Gailand
Genl
Merc
Gladding
&
Hawaiian
Holly
Pine
Co..
.
9
Development
Jan
Waialua
Nov
Wells
5
205
May
270
Jan
26
Aug
Western
25
11'A
107/B
11%
50
6
11
Dec
1.00
Apr
1,400
15'A
15'A
15%
430
13
Jun
250
2
Feb
250
3%
Apr
6%
Dec
755
104%
Apr
129%
Nov
May
29 Va
Dec
23% May
2 8 Va
Jan
"
60c
Agricultural Co
Dept Stores 7<&
Jan
Western Pipe & Steel Co——10
Nov
Yosem'ite
11%
2,533
93
'
Jan
5%
202
1.65
Jan
6%
Dec
American
33%
133
15%
Jan
41%
Nov
American Viscose
8
10
100
38
75
12
88
5%
32
/
417
100
40c
9
8%
Nov
1.10
.
107
6
12'A
863
Oct
Cal
Jan
Cities
'v-V;'
16%
393
55c
55c
51%
10
16%
16%
550
6%
S'/a Mar
450
40c
Jun
10
14
Sep
33
1,350
Dec
9;
14/
a
•;
10
..
Plantation.
class
-■
'Lw-'
v
:
614
a
V
•*.
_
6%
6 Vh
a,
15
B
2%
2%
Leslie Salt Co
Co
Libby McNeill & Libby
7
5
1
%
:A' 18
Aircraft
Corp
Magnin & Co (I)
Consolidated
Oil
Elec
Bond
Share
&
Fibres
Auto
Dec
15%
Dec
Ihternational
Jun
10%
Dec
Utd
•Class
Coast
Co
_
1st
Pacific
$5
—
.VV
V.
Electric
Corp
common
Co's
6%
'V
'
23%
24%
33%
V
34%
Dec
1.90
Jan
Olaa
Jan
5%
Nov
Packard
Feb
Pennsylvania RR
7%
Oct
Pullman
Feb
23%
Dec
Radio
5%
Nov
Republic
Plg'n Whistle preferred
9%
Jan
Schumach
Nov
Shasta Water Co
Apr
Dec
So Calif
R E & R Co Ltd preferred.
_
34
Nov
Standard
Brands
Nov
Standard
Oil
37/a
Dec
14%
Nov
U
Mar
Apr
36%
36%
100
3%
300
8%
2,016
66
64
2% Mar
101
22% Mar
6
31%
'
Petroleum
'
.
37%
United States Steel common..
Dec
Warner Bros Pictures..
Westates
Jan
65
^ov
Petroleum
:.
Preferred
A
CANADIAN MARKETS
--
V'? 7
.4
**''/■
1
Jan.
■
t
" '
to
Jan.
8
•'
•'
both
inclusive, compiled
:
Range
of Prices
Sale Price
Acme
Glove
Works
Ltd
Shoe
Pacific
common_^..i*
class
•
Preferred
>
Algoma
l.00
Steel
Aluminum
commoh....^
Asbestos
*
T
P—M
L &
Columbia
Class
Brtick
B
Building
A....^..
-_■>
5.00
•
Corp„—
Steamship common
:
preferred
Canadian
Bronze common....
Celanese common
Preferred
*'•
'
'
'*
_.____100
'
'"J4^
Canadian
I
Converters
Foreign
Canadian
Industrial Alcohol
Investment
5%
95
7
9
31%
33
8%
7%
28'A
28
27%
18
Distillers
SeagramS
...25
8%
Steel
Dominion
Tar
Dominion
Textile
preferred
&
&
150 Va
Dec
Jan
14
Dec
12
Jan
5%
5%
.
102
Dec
7%
Apr
5% Mar
25%
35
33
4
8%
Va Mar
29
21% Mar
17
21% Mar
120
25
28%
135
Mar
15%
25%
916
15
18
Jan
3%
175
3
Mar
3%
70
3
Mar,
" Dec
963
22
Coal
•
25
26
26
95%
24%
___25
B
Chemical
...25
12
12%
9
_*
95%
75
90
25
235
12%
485
9%'.
6%
7%
76%
76%
5%
V.
26%
8%
7%
A-*
._!_*
common
Dairies
Famous
Players
Foundation
For
;
■—_I:—
Canadian
?.
see
page
1.25
1*5"%
160.
,
76%
5%
75c
22
Corp...:..*
Co of Canada..
footnotes
27%
1,206
14%
18%
5
5%
20
10%
Oct
Dec
Dec
16
Oct
17
Oct
23
Feb
4'A
7%
Jan
Sep
10
Dec
317
15
Apr
20%
Jan
250
25
Mar
29 Va
3
Mar
5
Jan
Apr
47
Dec
6% May
115
30 Va
4
Nov
5
13%
125
•:
Va
220
47 Va
96
30%
Oct
450
47%
48%
276
7%
7%
200
9c
9c
300
4c
1.40
2,843
60c
5 Va
Oct
327/a
Jan
1.80
Dec
Jun
55%
Jan
8%
Dec
24Va
42
Jun
4'A
168
1.85
Dec
May
5%
26 Va
Week's
80c
44%
4%
Apr
Mar
8c
Sep
Apr
1.25
Dec
for Week
Shares
8%
676
f
28
—
5
84
•>
2
Feb
2%
Dec
Apr
2%
Dec
Aug
85
8
Apr
Feb
„
5%
405
5%
4%
12%
5
■;v vv- 87
95
5%
5%
*
800
High
Api-
8V4
4%
——
63
80
Feb
50
,•
94%
—.
5
8
79
8
95
Range for 1942
Low
High
t
79
—
Mining—.-;
Sales
Range
—100
Paper common
Imperial
Jun
:
Jan
Dec
Dec
Dec
.Dec
1,140
%
.
8%
Dec
95
Dec
5
Nov
5%
Dec
5%
•
Dec
12
12%
506
8
Sep
14
28
28 Vz
895
22
Apr
28%
Dec
12
*
12 Va
2,960
12
Dec
Jan
32%
20
Dec
Nov
Dec
8%
Nov
9
:
Tobacco
Industrial
of
Can
Acceptance
International Nickel
common...5
Petroleum
International
Power
Co
:
11%
Corp
U%
vA-'Y
of Canada
International
Preferred
12%
...
11%
13
33
•
33%
*
17%
17%
17%
*
common.
6- vvy
6
100;
:
Lake of the Woods common-.—
'
29
2,110
12%
70
•
'
2
Apr
.
Jan
13
Dec
36
Jan
17%
Dec
'
11'A Mar
VV: 26:,;
96
Apr
1,251
j.'.r6,V
;,
S5
Jun
6 Va
35
33%
—
9%
1,535
13
com__*
Ltd
7% Mar
.
,
%
6
Aug
Dec
87
Jun
95'%
Dec
15%
Aug
20%
Dec
5 Va
Jan
2%
Apr
}:■
*
19
Y
Y;
19
80
'
Lindsay
iC W)
*
common
Massey-Harris
Breweries
Preferred
National
V-v':,".
v- 7
25
5%
6
6>A
6
.*
•V 24 Va
26
2,124
•
26
27
345
*
common...
_____l
Steel
7
•
V6 :V
3,035
i
/.
7
Oct
5%
Dec
6%
Dec
'
Oil
Light Heat & Power Cons
National
.
*
McColl-Frontenac
__vV '.V-,
—25
Car
Corp
Vst
782
2% May
20
21%
.
24%
Dec
Oct
26%
Dec
Mar
r
36%
Noranda Mines Ltd—,
•
Ogilvie Flour Mills common—.
Power Corp of Canada
*
Price
*
9%
_*
14%
104
35
Dec
39 Va
39
4 40
29
Apr
39
Dec
41'A
1,431
35%
Oct
52
Jan
22%
•
36%
38%
40
•
22
325
11%
24%
Dec
Jan
Bros
&
Co
%
Sep
,
6
Dec
Sep
11
Jan
Apr
14%
Dec
6
6 " '4
6r>6
3
Mar
9%
9 V2
200
6
14 V2
835
11
6
238
3
Mar
108
6
Ltd common—
108
25
103
Nov
1.75
1.85
"
Quebec Power
£
Knitting
Mills
*
common
0
14
6,"
6
Dec
Dec
4%
>
—
Dec
Aug
39
Jan
July
25
Nov
27%
Dec
Saguenay
St
Power
Lawrence
Class
A
preferred—
Corp
_100
common—
Slier.
Williams
Southern'
Steel
Co
of
Canada
of
b0
Canada
1.00 Aug
2
12%.
12%
85
8 %
Oct
15%
17%
17 Va
17%
1,552
12%
Feb
17
14
14
25
7
Sep
13%
107/s
11
20
9
Feb
11
common.^.*
*
*
Jan
Jan
Dec
Jan
-Dec
.25
.....
Jun
59%
59%
130
58
Mar
66%
66%
66%
150
65
Nov
4'A
common
Preferred
1,800
106% Aug
12%
.
Power....
Canada
1.85
*
preferred...
ShaWinigan Water & Power
-
21% Mar
95
Jan
97 %
Dec
20 Va
Oct
25
Dec
10
7,313
6%
2,293
3 %
90
'
66
July
15%
Jan
Jan
9'/«
Jan
Feb
6%
Dec
United
Steel
Wilsils
Ltd:
Corp—
——1A
4 Va
4%
350
3
Feb
4%
Dec
17%
14% Aug
17%
Dec
63 %
70
Jun
15%
6
...
1.25
22
15%
1,530
Class
Zellers
Bi___—
Ltd
1,010
100
125
—
common
—
1.
.
L7Va
35
3
3
3 Va
776
hoc
Apr
3 Va
0
2%
2%
2'/«
125
85c
Apr
3%
100
10 Va
Oct
13
Dec
150
Apr
*
13
13
13
100
128
Oct
Oct
Banks—
Aug
82
Jan
Apr
6
Jan
Bank
30c
Apr
60c
Dec
Bank
Montreal
15
Oct
20
Dec
Nova
12
July
16
Jan
Royal
3%
*
•
Winnipeg Electric class A
Canadian
common
Dryden Paper
Eastern
25 Va
2%. Feb
Oct
Dec
4%
5'A
200
39
26
.?
5
8,165
37%
Bridge
Smith
Regent
Jun
3%
22
Jun
23% July
of Prices
79
100.
...-
common
Imperial Oil Ltd
Dec
Dec
32
Apr V
27% May
30
9%
19
50
14%
Low
!_*
common...
—
Hudson Bay
Dec
Jan
9%
4
-
1,820
8%:
Howard
Mont
Oct
1,995
9%
Wares
(Charles)
Hamilton
Dec
2
Dec
172
18
Steel
Gypsum, Lime & Alabastine
Dec
23
Jan
3%
8%
Jan
14%
Apr
91%
28%
Jan
4%
75
33
Dec
11 Va
966
31%-,
22
<14%
Jan
200
7%
% 9%
<
,
May K
85
8'/a
____100
Dominion
Aug
3%
,
...
Coal
5%-v
,
V?:5vy Mar
175
95
80
2%
j;
common
Bridge
Dominion
Apr
25%
3%
—*
Preferred
Dominion
9%
1.00
890
27%
18
Consolidated Mining
Smelting—_—_o
Crown Cork & Seal Co..
>i
Dec
6%
125
V.
134% 134%
134%
_•!*
Pacific Railway.
Cockshutt
Plow
:v.
12%
com.—*
class A__*
B
Canadian
6
15%
31%
Dec
i
■
^^-_100
Canadian
Class
5%
5%
1.90
44%
18
2,252
12%
___u"
7%
2
15
L"
Car & Foundry common....*
participating preferred
25
Canadian
117
•
12%
9'A
50
Canadian
7%
144
15 rA'
7
Canada
5 A
<
preferred——100
Power
Sep
May
10% Aug
124 Va Aug
65
^
Feb
16 Va
11,552
class
Cement
141
15%
3
May
13
7V» Nov
585
23%
_r'__
North.
:
14%
*
3
Dec
Oct
3Va July
Feb
;
1,494
14% V-
23%
Mills—
Products
23%
14
15%
IVi
May
333
14JA
144
3
25c
130
23%
Canada Cement comrbon..^Canada
9%
High
23V.;
79
105% 107 Va
107
■
125
2%
50
Gurd
11
■
25
•
-
Bulolo Gold
Canadian
-
Corp cl A.—*
Power
'
Silk
40
11%
•
21%
•
—
Telephone Co of Canada__—._100
Erazlllan
British
•9%
Corp
Bathurst Power & Paper A
Bell
2%
49
49
*
Ltd
4
11%
A
for 1942
Range
Low
High
4
*
common...
Grain
V
14
2
1.30
1.30
.100
—...
Preferred
.
Apr
24%.
7%
preferred
General
Shares
Low
Alberta
5%
for Week
Jan
Dec
27 Va
,
Par
Sales
13%
10'A
640
6
Oct
Dec
2%.
a
Gatineau Power common
lists
12 Va
9% Mar
%
Last
sales
7% May
1.50 Mar
5%
Sale Price
'•>'
official
from
Week's
Friday
Last V
STOCKS-
4gnew-Surpas8
v.V %
680
Jan
Listed and Unlisted
Exchange
Y"YY%
Jan
al.85
9c
STOCKS—
'.-.Canadian - Funds
v
_
Dec
2.60
80
a26
Friday
Montreal Stock
34%
100
__
;_i
;
Apr
1.40 May
3
■
;
1
common.....
24%
13%
4 %
_r
5
Jan
120
600
11
a46%
•
3Va
15%
36%
6%
,
•
l..
Jan
■;
30%
l
Dec
Dec
21%: 21V2
.L
.5
;
27%
•
al0'/4
-I:
■
25
Co.—..
Dec
255
A
alB'A
*
—
J__
Dec
1.50
93
S
N
Nov
6%
5%
25
Studebaker Corp common
United Aircraft Corp common.
Jan
11
72
Inc...
of
3 OVA
1.60
5% ;
25
,
100
85
66
Ltd common..
Apr
90
3%
100
..
Edison
Preferred
Mar
22%
400
6%
Jan
4
Oct
Jan
\
a27%
..
Socony-Vacuum Oil capital——15
Oct
Nov
1.75
25% July
2%
85
695
9%
*
„■
Oct
241
a
preferred—0
30%
300
'."V.v"
Bd
common
277/s
Mar
14%
8%
Wall
Nov
30%
a24
*
common
2%
Apr
2%
=
24% Mar
91%
1'
Corp
2.90
3
■'
Steel
Apr
215
6
Oct
%
9%
__
S
Dec
22%
3
:
.
Oct
7 Va
34
Apr
13%
.50
...
capital
24 Vo
14%
a
common
/
Inc
16 Va
4% May
10 '/4
3
Corp of America
Feb
90
a
Puget Sound P & T
•■:•■
Aug
3%
a
common
9%
Nov
10V4
13%
*.
common.......
July
3%
9%
,
Co
11
„.
Sugar Co Ltd capital—20
Co..:
20
Motor
Jan
1.00
34'/a
1.60
l
11 Va
2,100
a
29 Va
a34
.1;
10
common.....
Sugar
Oct
15%
728
VV
Oahu
*
cap
22
"V"; 37 V.
3%
Jan
Oct
91%
a
...
15
Aug
7
414' 'i
102% 103
:
Co
1.35
2,737
28%
American
3% May
2,202
32
North
5%
300
28%
Jan
R
4%
325
9
2.40
5%
R
Nov
Apr
80'
-
85c
24%
620
29%
28%
•
Oct
Feb
Apr
-
40%
6:
%■'
Aviation_.__.___,
Jun
17
100
200"
4%
American
Central
3
■
1,076
'.V"
North
12%
350
600
8
24
N
Jan
91c
.200
30%
•:
34 %
v • •:
a
vi''%
2.40
I
24%
28%
a
5%
Jan
3%
275
1.00
9
32.
—
a
14
5%
24 Vh
3
a29%
a
•
Mar
Y
Y;;:
■
Y-Y
—
Dec
Jan
2% Aug
11% Mar
116'
•
3
4 Va
8%
400
•
2%
2.85
'■■/**>
5c
City Copper
15% May
100
Dec
52%
60c
72
Va
31% .31%
♦
common.
Mountain
4%
■
V;
common ..25
preferred
Tel
Paraffine
Copper
Montgomery Ward & Co..,:
7%
:
5
Co
Pacific Pub Serv common...;
V 1st
preferred
&
Kennecott
Jan
24
.
a
common.
Light Corp common—
Tel
Jan
4
a2%
3
,
*
Jun
3
i
Canada
Feb
6
8
24
Div_—
Pac
6 %
10
a
1st preferred-
5%%
5%
__
Cons__
A
Aggregates
Pacific Gas &
6%
5
Apr
of
27%
1.00
,
1
——
Pacific
Jun
Corp
Nickel
31%
5%
common—L
a
B_.
Can
Mary Mines
May
14
;VV,.
Co
common..
_
Oil
Filters
Pacific
Idaho
19% July
5%
7
>
International Tel & Tel common......*
1%
553
Sep
2.90
Jan
30c
100
34
.
5
1,716
17%
.
2% May
234
15%
7
34
Co.....
24
5%
15%
a
5'
...
Nov
120
5%
...
a
Company
American
Oliver
•
..
Calculating Machine
North
Co
55c
Electric
9%
34
435
18
Oct
23 %
Dec
29%
1,420
80c
,
jjYY.
25
5
9%
•
Corp.
54
General
482
65c
80c
3
145
3%
a4Va V 4%'
A
Dominguez Oil Co
Julv
200
45 %
55c
9%
10
29
17 V«
a
common...
Menasca Manufacturing
Natomas'
—2%
common
24%
25
1
Lockheed
National
50
150
,v:
65c
24
117
3%
3'A
Trading Corp preferred....
Service
Mar
5%
13% Mar
95
25 %
45%'
-
1
...
.
32%
3%
...
3
Sullivan
&
31%
a25
__
5
6%
127% 131%
a
100
29
LeTourneau R G Inc.——_
March
V
2.80
6%
v
.
50
:
capital.
'
<
320
255
2.80
a
14
Consolidated Edison Co of N.Y
July
V1
Hill
Pac
v
—100
Corp.
Co., Inc.,
Bunker
Feb
6%
Mar
;'■':,./
.—._*
Tel
Copper Mining
Co (111)
common
&
&
16%
8% Mar
j
Blair
v
.
Sntry
Atchison Top & Santa Fe
Aviation
Corp of Del
VV
Apr
51%
A-
Sep
St
Tel &
Anaconda
37%
Nov
3%
&
Armour
Dec
Aug
20
1,525
...:
Rad
Am
Jan
38
Apr
Portland Cem preferred..__10
Dec
73%
Nov
28%
75c
9%
8
May
66%
25
255
Unliste<l—
Sep
15%
July
40%
6%
iv;
Jan
12
141
5%
.
Mar
'■
60
:
;
76% Mar
450
13%
Apr
2 % Mar
23%
__.
255
Nov
2.00
82 Va
18
pfd—
3%
Aug
300
300
.•
.100
23 Va
'
3%
"■■■;
20
Fargo Bank & U T—
21%
15%
1
Bk
10V8 Mar
.
54
9
10
Sugar
Dec
Jan
35
12
12%
a
Ltd—
United
100
Apr
9%
12
Jun
9%
5%
a
Hutchinson
7
...
17
Jan
Mar
10% May
6% May
;
May
4%
*<I;V
a
Langendorf
7
214
21% Mar
75c
a
.
1
—.—...
11%
50
40
a
Brothers preferred
11'A
25
74
2%
Home F & M Ins Co capital
Honolulu OH Corp capital
Hunt
;_5
6
10
38
'
—
10
_
Ltd
Co
Aircraft
preferred.....
12%
60
13
%,v;:
74%
common.
McBean
Vultee
Co
3'A
;
Feb
100
8
^
•
A.
Laundry.
Golden State Co,
Dec
27
Equip
10
Dec
26%
33
•
10
—
common
Paint Corp
fV
50
__
Machine Corp common...
Foster
«a
.
a
______ —.
—
Jan
Sep
11%
a
Works
Ins
16
5%
Oil
Consolidated
Nov
29
Jun
27%
5%
100
(ww)
300
Universal
Victor
3%
'
11%
5
Emporium Capwell Co.: common—
Preferred
Dec
82
'
—
10
_
Fireman's Fund
Dec
3%
21%
'.'
■
__
Oil
16%
Dec
California
.
Dec
18 Va
53
93c
1.00
"a-—
—1
Giorgio Fruit Corp' common
Preferred
Feb
2 Va Mar
3%
*
Co
2
31%
53
'••V;'",
»
Preferred
El
'
-H.
—
Crown Zelierbach Corp common
Di
1.60
10
25
27
May
Feb
5Ve
26%
.'
common..!
common..
85c
500
3%
Apr
Oct
Jan
8%
3%
pfd series A..—_
Water Ass'd
Apr
11% May
27%
50
—
A
Inc
85
539
3%
27
*—4 0 0
preferred..___ -25
Amer
17
3%
....
preferred
Mining Co
Ind
Creameries
1
capital
Corp
Service
250
16%
16%
20
_
common
Co
Packing
Calif
1.65
3%
common
Calif Art Tile class A
Calif.
55
1.60
?.
,
_
Jackson
Byron
Calamba
102 Va
102
A
Dec
2.10
Dec
-
California N
Bank of
High
HVe
Apr
16'A
Sugar common..-.....:
674
Imp Diesel Engine...
1,510
3zo
10%
■
8
35'/*
Corp
Assoc Insur Fund Inc—
164
2.10
5
228
'
11%
2.05
___*
common
328
.»
Range for 1942
Low
High
p.__l
common...
Pulp
8c.
.'
T-
Shares
11'A
2.05
common—„—__*
9%
—
for Week
Low
,
11V4
1
8c
1
Sales
Range
of Prices
'
Low
1.95
Manufacturing Co
9%
10
Corp
Anglo Calif National Bank
Atlas
Range for
High
1.85
1.95
Rheem
1
common,
Petroleum Co coramon...—1
..20
Gold Mln Co
Juneau
Anglo
5 Or.
Incorp
Rayonier
Republic
Shares
Low
Par
Accessories
lists
for Week
of Prices
Sale Price
sales
far.
-
Sales
Range
Last
Aircraft
official
from
Week's
Friday
STOCKS—
Exchange
Week's
Last
Sale Price
*
Canadienne
of
Scotia
(Banque Natlonale)
of
(Bank
128
129
12
115
Sep
Commerce——.100
129
129
52
118
Sep
152
Feb
...100
147
147
11
125
Sep
188
Jan
223
223
19
214
Oct
273%
Apr
132
132
30
116
Sep
153 Va
Jan
of)—__100
Bank of Canada
___.__.I00
Monday, January 11, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
Sales
Week's
Friday
Range
for Week
of Prices
Shares
Last
Sale Price
STOCKS—
Range for 1912
'
Montreal Curb Market
British
—•
Porcupine Mines, Ltd——__
Broulan
Funds
Canadian
a.—
III
it. to Jan. 8 both inclusive, compiled from official
Friday
Range
of Prices
Shares
Par
Abitibi
& Paper common
Power
preferred
6 Vo
Low
.
Beauharnois Power Corp, Ltd—
Brewers & Dist, of Vancouver Ltd
Oil
American
British
Ltd-
Co
Malting
Dec
9%
Jan
5'A Nov
Mar
97%
18
18'A
1,245
13
July
36%
100
32
Nov
37%
85
at 2
75
Dec
85
6'/a
A A" 5
6%
107% 107%
253
28%
120
27%
28
45c
85c
2
2
cum pfd—0
Westinghouse
Products
Food
Catelli
Consolidated
145
8%
8%
75
5%
2%
210
1.90
Feb
Oilcloth
Lino
&
*
A,.
Ltd——0
Co
3%
65c
*
3
4
3
4
.7
Fleet
Ford
Motor
—
Aircraft Ltd
Voting
677
Lake
John
St
Sarnia
Bridge
Dec
2%
Dec
Canadian
Pacific
Aug
4%
Dec
Central
Apr
13%
Dec
Chemical
—
14% Mar
20'A
13%
Feb
Cockshutt
14%
Oct
15c
0
10
10
15%
6
6
16% '
16%
3%
3%
.
:
85
90
.
20
2
Brewery Limited,—.—.—0
Walker-Goodefham & Worts Ltd H—*
2
50
1.25
■••••>' 10
48%
48%
48%
/■A":
8
15%
Plow
Ltd
Com moil
Jan
10
8
8%
8,826
10,300
45c
Oct
1.30
8,000
4c
AUg
10 %C
Jan
10 "Ac 10 %c
3,200
6c
Aug
20c
Nov
Aldermac Copper Corp
Chesterville
Z'' 9 %
9%
6
Maiartic
East
Mines
Gold
Francoeur
Ltd
Mines
Aug
39
Jan
109
July
132
Mar
22%
22'A
10
18
Mar
23
Aug
65c
65c
:Z;Z 100
35C
Aug
60c
Dec
10c
11c
10,772
9c
Nov
17%c
Jan
Dec
Consolidated
Bakeries t
Consolidated
Smelting.—
Dec
Dec
103
Jan
Cub
May
86
Nov
'
'
:
3%
Mar
Nov a
2
ft
Aircraft
:
'
-
V.'
!—
1.30
Dec
Denison
50'A
Jan
;
'
lie
:
Petroleum
Davies
Feb
Jun
"III.
—
Mines—.
4c
26
26 %
350
19%
20%
1,195
';
I-
*
:
Lamaque
Lebel
Madsen
7
73C
85c
1.18
13,375
32c
2.24
Oct
Feb
24c
2,800
18c
3.25
41c
Oct
4.00
Jan
1.42
Oct
2.80
Jan
2.40
500
3.50
3.50
A'A 38
%c
Gold Mines—_—1.00
70c
70c
100
Goldfields
—
Mining
Ontario
Ltd—
Nickel
.
5
Ltd-
ZZ,
.
100
38c
LOO
Oct
33%
Oct
78c
78c
1,100
May
65c
1,300
36c
Oct
75c
9%c ll%c
26,600
9 %c
Dec
13 %c
3.00
1.31
Jan
2.30
750
91c
91c
1,400
Perron
Pickle
Ltd———1.00
1.75
1.75
150
1.40 Aug
2.30
Feb
C—1.00
1.38
1.38
200
1.00
Oct
2.05
Jan
l.OO
1.80
1.80
Corp7_-ZZ_.:l.OO
24c
24c
Crow
Mines
Gold
of
Mines
Pioneer
Gold
Preston
East Dome
Quebec
Mining
Gold
Antonio Gold
Sherritt-Gordon
Sigma
B
Mines Ltd
Ltd.———1
2.00
2.00
100
66 %C
75C
2,600
1
5.10
5.10
20
A 38c
42c
4,300
(Quebec)
Siscoe Gold Mines Ltd
Ltd
Sladen-Malartic
Ltd
Gold
Amulet
1
3.65
—:
Oct
100
15c
Oct
31c
38c
Oct
65c
Jan
V
1.97
1,350
1.25
Oct
2.20
3.65
200
3.30
Dec
4.30
Jun
Oct
4c
Jan
Oct
2.68
Jan
3c
10.000
2.60
2.60
200
lc
Oil
Home
Oil
Okalta
100
50c
50c
—
2.67
2.75
5,275
40c
2.70
*
Ltd
Co
Oils
Ltd
Co
40c
2.000
Ltd——,—,
Ltd——:r—-ZZA-r-A*
4%c
21%
2,000
A 175
4%c
—*
21%
Pacalta
Oils
Royalite
Oil Company
Limited
40c
July
2.05 July
Aug
21c
16% Aug
43c
Feo
22
;
Exchange
to
Jan.
8
both
inclusive, compiled from
official
Week's
5,500
l'Ac
A;r2 Ya
Sep
Range
for Week
of Prices
Shares
Friday
—
"
:
Abitibi
Acme
Ajax
Pow
Gas
Oil
&
6'/A pfd————100
Oil-
&
&
Pap
Lakes
Paper
—
Mines—
Gold
Copper
Aluminium
Anglo
——-1
Bagamac
Bank
of
Bathurst
Bear
106
106
106
3
1
47c
75c
4'Ac
227
50c
1.57
4%c
6,500
6,505
10,500
227
10
8%c
13%
9c
14
2,000
575
—100
—
;
Paper class
&
•
*
A
Radium——
—1
1
Beatt.v Bros class A
_»
Bell
Telephone of Canada——100
Bertram & Sons
!—
5
Bidgood Kirkland Gold
_
Hats
ZZZso
Bralorne
British
10c
10%c
Mines.
71c
75c
15
15
145
140%
15
145
6%
75c
6%
6%
Columbia
For footnotes
31,900
2,800
166
110
50
9%cl4%c
13c
117,700
6%
10
6%
—*
7.45
7.40
7.65
Light & Pwr com—*
15%
14%
153A
18
1734
18
2,075
Ltd
American
11c
^
Oil
•
Power
see
—
■
30
31
9%c 10%c
III1
Mines
Brazilian Traction
British
__
—
30
7,000
33,000
650
6.915
preferred
Bobjo Mines Ltd
Gold
—
*
Ribbon
Bonetal
:
May
15c
27,850
9c
May
20c
Jan
10 %c
13c
11 %c
Apr
class
page
A
160.
1°
lOc
23%
9%c
23%
11c
23%
100
Gold Mines—._5
Home'
Oil & Gas
^
Hunts
1
*
Ltd
:
Gold Mines.-—j
Bay Mining: St Smelting
•
Ltd class A—^
Preferred
-
100
..—J.:—:—:.:—100
International
Nickel- common.
34c
Jun
75c
Oct
1.47
Jan
3c
Oct
9'Ac
Dec
International' Petroleum—
Jun
International
Preferred
Waite
_—_————
51 'A
13
4.40
6%
18
Mines
12c
6,000
5%
1,010
5'Ac
5%
A
6'Ac
Dec
2,695
2%
Jun
5%
Dec
73 A
13
85
85
■
Dec
55,200
6'Ac
4%
Jan
Jun
A
2 'A
100
3
3'A
49 %C
58c
25,380
2%C
2%c
1,000
10c
10c
•
78
May :
3%
May
Dec
Nov
Jan
26c
Oct
55c
1 'Ac
Oct
4%c
Jun
Oct
20
Jan
7
5,500
10,50
Jan
July
2.70
3c
3%c
8,000
22
22
3%C
18c
20c
28
7%
7%
7%
157
158
Jan
22
12c
Oct
20c
Jan
21%
Apr
28%
Dec
8%
Jan
Feb
50
6
Nov
49
145
Oct
204
7% Mar
9'A Jun
Dec
12
.
AAA.':
12'A
11%
12%
6,071
11%
11 'A
11%
475
28c
27c
30c
11
90
40
,.
,
12c
100
90
,
3,700
11
90
33
153
153
17 'A
17%
350
10c
May
5
Aug
11
Dec
86
Oct
99
Jan
29%
Apr
36%, Jan
A
■
200
17'A
Dec
Jan
12 %
31c
Oct
2,320
33%
33%
50
154
152
May
11'A Mar
Mar
17%
Dec
5c
Sep
15c
Mar
3%c
Sep
20c
Jan
8c
:
Oct
29%c
Jan
2.85 Oct
4.85
10,400
31c
31c
Dufault
Lake
Shore
Dec
Mines
Lapa Cadillac Gold. Mines
Mines
Ltd
Mines, Titd
Lamaque Gold
Secord
Candy Shops^.-
Mines—
—
Gold Mines. Ltd—.
Oct
9.30
Jan
Little Long Lac
Jan
14%
Dec
Loblaw
Mar
18
Jan
May
23%
Dec
Gold Mines Ltd
A..
Groceterias Iclass
B
Mines, Ltd.
1
.1
_1
—a_„.—*
A
_1
u_3
1
.1
(—*
25,000
9C
7,900
.
-
31,479
;
Dec
62c
Oct
Jan
July
57c
48c
57C
40.900
Oct
59c
10%
10'A
10%
1,365
6.35
Oct
12
Jan
-3.65
3.65
3.90
502
2.80
Oct
4.15
Jan
6c
5%c
6C
6,500
9'A
9%
75
lc
1%C
3,000
68c
39.250
1.00
7,995
60'Ac
68c
90tf
92c
3c
fi
'A Mar
%c Oct
:
38C
Oct
20%
21
265
19
19%
150
17,'A
2.44
6,875
1.37
Oct
25%
Sep
2.30
•
Dec
Dec
Jan
1.35
Nov
19
2.40
Jan
Jan
l%c
62c
Oct
60c
..
8c
10%
r
Oct
19%
*
•
1
.
,
6%c Apr'
16
520
157
Feb
Nov
2c
'A- 25
8,600
27%
27%
9% Mar
62c
Kirkland Lake Gold'Mining—
Macassa
Oct
2.07
15
5'oC
Lake
Class
Dec
5.75
13,155
60c
Oct
Oro
14%
2,100
2.80
200
Jan
Leitch
14
8.75
•
17c
Dec
Lebel
14
8.50
2.65
(■>'
17c
7%
Jun
Jan
5'A
> %c
17c
——1
150%
32'Ac Jan
Feb
1%
13c
A 2'A July
16c
...
Gold Mines—...
NOV
12%c
Nov
Dec
16%
Jan
5'A
-.100
Utilities class B—
Kerr Lake Mines
Laura
.:_*
.c..*
Aug
Oct
J. %
5.00
Oct
Mar
4
7'Ac July
13c
Jan
He
Oct
Dec
51%
Oct
All
4.75
94c
5c
67
1% Aug
16c
Kerr-Addison
Oct
350
4.90
Jason
23
86
3%
8'Ac
Jack
Dec
Feb
Z 52
1
Jan
Feb
12'Ac
7'A Mar
Mar
Mining.'——:————1
—1
9%c
14%
Oct
32%
Apr
39
6c
Sep
Dec
A 31%
10c
10'A
6
May
70
-A
10c
2%c
4%cMar
65
4%c
8.55
*
Paper—:.—
Dec
10c
Dec
10%c Oct
2.72
Dauch
Dec
15
)
62
V
10c
6%
3%c
3 %c
%c
62)
11 %C
52
6% Aug
5,500
lc
524
Apr
123
Dec
15c
Dec
2c
3,500
6c
46 %c
15c
15
Imperial Oil.v——->—*
Imperial Tobacco of Canada ordinary. 5
Inspiration Min & Dev..——'
—1
International ■ Metali common A_——'* •
Aug
3,000
.
2%c
Dec
5c
A 6'Ac Oct
12,600 '
2c
57,500
17c
2c
15
Jan
274%
Dec
4c
12 %c
2 'Ac
14C
Oct
8%
Aug
Nov
'
10
212
*
5
15
Aug
Jan
Dec
2c
2%c
May
55c
Jan
80
28
*
9c
16'Ac Mar
Apr
12,500
—1
1
4
Apr
80
Nov
42'A
8%
3%
Imperial Bank of Canada—
Sep
61%
Dec
16
Oct
3'Ac
51%
Jan
7c
12
'
7
21%
%
,
16c
Nov
3%
35
47V2C
—,
Scotia
&
13,500
;.1.52
Beattie Gold Mines—
Blue
10c
50
12c
0
Exploration
Bilmore
9c
48%
9c
J
1
z,
Mining Corp Ltd
Pow
1,300
6,100
2,460
449
0
Ltd—
Mines--
Base Metals
6c
50
12c
100
Corp
Mines
Nova
200
13*Acl6%c
10c
pfd
Ltd
Gold
5%
6c
„
15c
Canadian
Aunor
5
20%
14% Nov
16,700
5»A
&
Hudson
High
Low
25
25c
7%
common.."
t c
v
preferred—
Howey
High
100
Pacific Grain
Aldermac
0
—
5'A
——1
Gas
Alberta Pacific Cons Oil
Alberta
Low
Par
15%
20c
7 'A
—
Honey Dew
Range for 1942
1,996
15%
2%C Dec
3% NOV
14% Mar
77
.
May
19%
Dec
4
Apr
60
■A 15
20
1
Mines—A
—'
Gate Mining-^.-,
Homestead
Sales
Last
Sale Price
STOCKS—
lists
Dec
3c
25C
——*
Eagle
Hinde
sales
22%
3%
A 79%
preferred-^—-.-100
Wares
HolJinger Consolidated
-
2
Jan.
%
Sep
Jan
2 %c
Highwood-Sarcee Oils
Funds
Canadian
5'2
3.60
105
_
Toronto Stock
Feb
2,666
Lime & Alabastine—
* '•
5%c
Halliwell Gold Mines.—-—.
——1
5%
Hamilton Bridge —•---* = :•
85
Hamilton Theat preferred
—100
"3
.Harding Carpet
56c
Hard Rock Gold Mines
1
Harker Gold Mines—
1
Dec
Jan
4%
21%
—:
Gypsum
Dec
37c
2
2.25 Aug
564
2c
Gunnar
Dec
:Z:AZ:10.
'
Tire & Rubber common—..*
Preferred
.i——_50
Dec
2.70
Dec
Jan
80c
4
20
Grull Wihksne Gold Mines—
Anglo-Canadian
4
25
5»A
12c
T
Feb
Dec
3.40
2%c
Jan
Jan
Feb
2 Ye
4%
'
Jan
4c
2.30
32c
10
18,869
13 %c
V
Sep
Oct
21
404
1.20
3C
Great
61,000
4
■
10
1% Aug
73c
21%
Goodyear
Oils—
2'A
•7.
3.10
class A„
—
1.85
Dec
6% Mar
3.40
„—,
Steel
Golden
9
'
21
3'Ac
Gold
Jan
Dec
A; 86
1.30
Ltd——
—*
Goldale Mines —-^.1
Gold Belt Mining— Z.———^—500
Jan
725
2%
Z 95c
1,500
4
God's Lake Mines
Jan
49c
25c
30c
Mar
625
5'A
Lake-Porcupine—.rZ-AZ——— 1
Gillies
Dec
5.50
May
68c
2lAc
*
Wright Hargreaves Mines Ltd
4.15
Co
Gatineau Power 5'A
General
Dec
3'A
/Francoeur Gold Mines
Jan
6%
'
Mines—
of Canada
Co
Foundation
Dec
87c
Aug
1.90
,
3C
—1,00
Ltd—
1.85
Oct
1.30
60c
Ford
Oct
Apr
82c
1.08.
Apr
3
T
21
Fleet Aircraft
Mar
3.60
1.90
1.00
Ltd-.
Mines
68c
Ltd.—— 1.00
Mines
Mines
Cadillac
Ltd
3.20
20c
68c
1
Mines
Jan
Oct
Get
1.00
18c
30c
42c
1
—
Mines
Consolidated
Hughes
Waite
500
Ltd—„—— —1
Mines
Mines
Mines
Sullivan
200
J
46c
II
6%
4,200
1.19
1.20
25
Dec
Jun
"Ac
4
Dec
9%
.4
4'Ac
4C
4'AC
22
107%
Jan
6'A
Jan.
409
.vzz";
4'AC
Farmer Candy ShopsFederal Kirkland-——-——.
Jan
Oct
2.30
1
Apr
103'A Mar
A
15%
290
:
.
Fanny
Dec
2.00 Mar
Dredging Ltd—1.00
Gold Mines Ltd—.—.i——.1.00
Gold
Cons
:6%
6%
■''J'.: A' 2% ./A 3
A 8%
CO
8%
■~.w
English El.ec class B.—i—: ZZTZf. *
Equitable Life Insurance.,——. —25
Falconbridge Nickel Mines_——
Feb
5%
4
Washing Machine
Investment Trust'.J..
Eldorado Gold
Dec
Jan
88c
5%
■
/•
•
Economic
Jan
45
65c
10c
Easy
1,765
Jan
Feb
191
Sep
16%
1,807
::
••
Sep
9%
A:'A:'Z35
9%
I
»
Maiartic Mines——»ZJ),
Eastern
' a-Z
•
22
108
8%
Dec
Dec
75
Jan
135
135
107
20%.
"'z Z-",
Co——„i.l
Duquesne Mining
Crest Oil—
Apr
2.22
Mar '
36c
65c
65c
—'
5.000
1.82
47%
78c
0
Ltd——i,
Corp
Gold Mines
1.77
47%
1.77
———^,^i__l
Mines
Z
-20
East
150
200
.:_*
8
Z':A
27%
20
Mar
75
Jun
6e
Sep
I
21
10% May
.
33
75
12%
12%
•
9
(Ltd coi z:* t
Preferred
Jan
"2.79
—————
'
•
Dec
Oct
Stores
Tar & Chem common—
Dom Woollens & Worsteds
Dec
75c
Oct
15c
-25
Dominion
Jan
z
•
22
TOO
Dominion
Dec
20
\
142% :142%
Z'
.
.1—
Dominion Steel class B
75
'
.100
-i.Z——Z_A.-—i
Preferred
May
1.22 Mar
Apr
3,200
2.26
U Brien
Wood
10%
1.25
%c
Lake
Red
Normetal
Teck
20
2.26
Mclntyre-Porcupine
ban
20%
Jan
87c
-Z-'
■
;,25
Z
8'Ac Mar
Nov
Ltd——.i——1.00
Mines
Maiartic
Pato
62c
———
Jan
90c
Jan
4%c Mar
Ltd—~4_——1.00
Mines
Oro
Macassa
90c
ZOO
pfd
Anglo
Dominion Bank
16 %c
2%C
500
4c
26
Z 19%
Distillers Corp—Seagrams common.
7%c July
18c
32 'A
Dec
2
'•
-A1*
Imperial Mills
Cosmos
Dome
21c
300
Feb
86
1,500
r 24c
9%
9 Ya
1,057
1.20
—-*
A
Z
Feb
124
66c
Mines Ltd—————1.00
Gold Mines Ltd
0
Jun
43C
39%
Dec
Gold
Howey
Aug
10%
100
4,900
123
1.05
150
Jan
75c
1.00
9%
600
3.15
92c
75c
85c
37%
82c
3.15
Oct
75c
85C
1.15
39
200
1.16
27
Dec
9%
1,000
0
July.
123%
66c
1.00
Ltd-
Falconbridge Nickel Mines Ltd—
18
ZI5
1.00
Limited——-——1
Mines
Gold
Eldorado
Sep
500
1,500
.
_1— .100
1.00
Mines.1.00
G
Feb
13
20
60c
-
9% Dec
6' Dec
.
__
12%c 12 %c
Ltd
Dec
Dec
78c
Jan
6
1.50
,
.
Jan
Consumers Gas (Toronto)—
401
.
5%
300
;
20c
20c
Oct
ZZZZ 50
17 %C A 18c
;
Oct
44 C
19,300
9%
'6
.
36c
18,016
79c
Jan
Dec
20
Lake
Larder
Mines
69c
69c
Ltd—1.00
Kirk Gold Mines Ltd—
1.00
Patricia Gold Mines———1.00
Central
Dome
—*
Ltd
(Quebec)
Mines
Gold
Bidgood
70c
75c
'76c
♦
;
65c
70c
-
■
Dominion
Beattie
Nov
1.10
Apr
15
Mines—
9c
Jan
Z Feb
8%
Jun
5
7'AC
'
8%c
46C
123
Nov
1.00
.j <» •„;
—
'
Dec
-
7'Ac-
10'AC
ZIs.
—•
Mines—
Coniaurum
Oct
105
Dec
Nov
4%
•12
7 %c
;
A-V-.
Petroleum
Nov
20c
3,800
112
:A'
—
Mines—..
Coniagas
.
3
49c
ZZ* •' 7A. -'A:1'
Commonwealth
10
.
Co—_u—
Dec
Dec
15''2
Apr
July
1.08
.^1
Corp—
29
;
6'A
112
'
Dec
28
15
43c
8%
8%
Mar
650
11
i
"
r
Dec
9%
71
3%
3%,
-■
%
■
Jun
Sep
10%
22
90
28
15
22
21 Ya Mar
280
28%
27%
i
Apr,
4% Mar
1,235
8'A
Jun
6
'■
6%
40
5
40
4% Mar
16%
86%
73
1.25
Walkervilie
16
19
Jan
2
5
85
423
v
Oct
11%
525
3%
90
85
1———*';
1st pfd—„100
115
'v
i
.
Apr
5
10
105
Jan
6'A
11
1
Dec
15% July
30%
7%'
3%
:
5—1
Nov
2 %
15% July
10%
1,900
14%
15 %
21'
May
Research
20c
Nov
Sep
5 %
5
14
14
10
1%
800
:
Dec
5c
50
2%
Ltd A___°.
13 'A
Apr
Oct
-•'•
Collingwood Term common-—
172
Feb
1.40
25%
;
19
'
Dec
7% Aug
430
—*
—*
Wi4z
*-
—
Dec
528
154
Oct
420
■
11
Gold Mines__.j._—. —1
Pat
3%
13
Sep
48%
28%
10%
.25
Rv^_
2% Mar
20
Dec
1.00
z
TOO
Central Porcupine Mines
preferred
'960
Ltd B_
Co.
Oil
374
13%
Ltd.:
Tubes
Canadian
3%
15c
Corp of Can 6%
Power
Feb
Oct
19%
Aviation Ltd
Page-Hersey
.
25%
374
Massey-Harris Co Ltd 5%. pfd——_100
Distilleries Limited pfd
10
Noorduyn
——Z*—■ .Z>-
Locomotive
Canadian
Canadian Maiartic Gold
Oct
3%
13%
Feb
66
35
19%
■
2,30 Nov
Feb
4,028
28
♦
A..
com
1.75 Mar
12%
Robert Co Ltd
Ltd
Co
Feb
24%
Feb
14
80C
130
A1- 7
19%
,'
27%'
—:
Alcohol
Dec
28
j
1,000
Melchers
Mitchell,
Dredge
Indus
Dec
1.40
.8%
■>
common
Dec
9%
32
.
129
10'A
»
Dec
Jan
1.35
4
'
Z25
—_
Celanese
3
13
66
120
,
A
-
26
87
130
Feb
10
Z-.:'-'- 45
67
19%
ft
2%
20
Tel Co Ltd
Maritime Tel &
'■
Vi,
—_
—j——i.
—
Canadian
6%
13 %
Paper
common
Preferred
Can
Dec
24
2'Ac
a.
y
1.40
.
Feb
'
■
"''
.20
B
Class
Dec
2
320
Can
Canadian Car & Foundry common-
Nov
Dec
5'A
25 "A Mar
303
;
/-
2'Ac'
f
'•'
-
,
A
8%
3%
■
Dec
102
Sep
'<1,049
9%
;
Oct
5%
■
Z ..A: 67
a
..
,: —
15
.2%
&
Pwr
Class
2%
60C
.*v,
2%C
..
Preferred
Canadian
Apr
87/a
..'31%;, 31%
.
Dec
3
16
July
74% May A
110%
40
Jan
22c
Sep
•
common—-1—
14
class B————1
International Utilities
Dec
,
75
Dec
1.2C
Oct
90
25
21
:I
A_» ■..
TOO
of
.1
24 %
79%-.
Dec
9% May
Apr
3%,
20
125 125%
>
31%.
5c
14%
'
1% July
•
78
A
94'A
22
'
125
.«<
—Z:,--~
5%
79%
•
Commerce—i.u TOO
Bank
Breweries
•
94%
'
A,. 9%
Preferred
Canadian
'3
475
Jan
Aug
lie
1,500
3
24
,
■f
7
80c
22c
A- 5%-'
5
2.80
Dec
3,900
Feb
.
Sep
8%
Jan
7
Oct
30
9%,
Apr
61c
Sep
11%
1.18
:
A.
•
94%
50;
common
Canadian
Jan
1.50
550
10
(Can.)
Paints
International
Bakeries
Mar
21% c
360
21c
.
,.
—_Z.
class B
Wire
Canadian
lc
20,200
15%
1.15
3-
'At
Canada
29,500
<•
■
0
common
__
47Ac
9%
1.16
TOO
3
■
—_*
Co
Insurance
Steamship
Apr
4c
«
Preferred———„
July
1.65 Jun
Trust—*
Canada Ltd A
of
Fire
4
Canada
27
20
*
Mortgage—Z„—: .100
Permanent
7,125
91c
1
14%
___*
«
1.75
•
III
15
——*
A—
Companies
Fraser
Halifax
—:
Paper Co
Donnacona
Can
42
35c
280
Ya
3
Ltd
Eastern Dairies Ltd 7% preferred—100
Fairchild Aircraft Limited——5.00
Woollens
Dominion
Packers
4
'
-
pfd—class A——
Foundry
Canada
Jan
21
900
24%
3
Canada
3,500
4c
15%.
_»
common—...
.
Cement
34% Nov
2,451
65c
24%
3%
—*
0
,
Bread
Canada
Dec
3%
Jun
2%
8%
Aircraft Corp Ltd.—,—
Dominion
55
39%
Ltd—,
22,100
5c
1.60
1.65
«■
-
Canada Cement common———a— ZJ*
Nov
1%
Apr
3%
25%
39%
Ltd_
Corp Ltd
Paper
Ya
3%
25%
Alcohols Ltd common-
Commercial
■i' 2
365
3%
25%
Ltd—0
Co
Canada
Jan
90c
Jun
-■*
—
cumulative preferred—
7(:k
60
100
Ltd
Viclcers
Canadian
Canadian
Cub
Pap Inv 5A
&
Pwr
Oil
Canadian
Apr
1
215
85c
_1
Jan
161
Oct
127%
Apr
31'1
Oct
Mines.
Feb
May
1.45
1.00 Aug
25%
41
148
148
-*
Mar
106
10
1.45
1.45
1.45
Calmont
Jan
7% Jan
108% Nov
4% Aug
•
Candn
May
102
Nov
85
„0
Co
Jan
17%
36%
9
——
———
Marconi
15
3'A
18 Ya
pfd—100
common
Canadian Industries Ltd class B
Canadian
Apr
May
13
915
Dec
20%
4.
6 % Vo
Ltd
Breweries
18
15
Jan
4
99%
Jan
36%
Ltd—'—,
Vinegars
Preferred
9%
21
99%
99%
Ltd
Wire & Cable
Canadian
1.50
325
5
Ltd 1% pfd——_100
Can Nor P Corp
Canada
50
9%
17%
18
A*
Canada
Canada
3 Ye
5
Canada
Co
3'A
3Va.
.5
Pwr Co Ltd 6% cum pfd—100
& Dominion Sugar Co_
.*
Calgary
14 %
9%
100
Bathurst Power & Paper Co Ltd "B'%-0
Mar
7
,
Feb
13
25
14%
141/2
preferred
cumulative
7%.
Nov
Gold
Calgary & Edmonton Corp Ltd——
High
75c
May
37/8
755
5%
3'A
5 %.
50c
705
70c
Canadian:.
Products Ltd———
Caldwell Linen Mills 2nd pfd—.
for 1942
Low
High
65c
70c
•
100
Range
Ankerite
Buffalo
Building
48c
4%C
»
High
29
July
21%
47c
——
Buffalo
Sales
for Week
Sale Price
STOCKS—
Week's
Last
sales lists
9
20
46c
20%
0
Brown Oil
Jan,
Oil—
Dominion
Low
High
Low
Pur
,
Jan
23%
.
Jan
2.85
Jan
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
159
*'
•
_•
Week's
Friday
Last
STOCKS—
Par
Shares
Low
Range for
High
1
1.65
1.60
1.70
15,950
82c
1
74 %c
70c
75e
45,780
1.70
1.83
45,826
High
30c Mar
Gold
Malartic
Maple' Leaf
Gold
Mines—
Fields
1
Gardens
1.77
it
common-
'
';
;
,
^
6%
6%
.
Oct
1.68
/
Quotations
Maple
10
-
Leaf
Milling
*
common
2.22
Jan
5
Nov
7
Nov
6
Insurance
Jan
4%
*
:
Massey-Harris
„
_
*
Mar
Red
Lake
McVittie
Graham
McWatters
2,905
6%
320
427
3% May
.
2%
4%
Dec
Apr
Dec
6%
Aetna.
Aetna
Dec
15
Aetna Casual &
Dec
5%
2% May
1%C
Agricultural
7c
V,
Heat
&
_i_
I
-
V:
5
•:»'
■'
4
%
25%
45
6
6%
25%
25%
38
39%
/
_
_
100
;
125
_
47%
Dec
American
of Newark.
13%
14%
1.04
Jan
American
Re-Insurance
10'
46%
49%
Oct
Jun
American
Reserve—
10
10%
11%
National
American
Surety—
.25
52'A
54'A
National
Union
3C
Oct
Dec
12c
:
Dec.
2
Mar
.4%
Dec
85c
Oct
1.40
Jan
20c May
19% Mar
29 %C
Jun
■
/
39
4%
1
.
Mines..
Ltd—.
Mines
Oils
Omega
Gold
•/•
Mines.
Nickel
Pacalta
Oils
10
27%
39%
..
v',-
Oct
5c
Mar
2%c
4c
8,572
2%c Aug-
4c
Apr
Porcupine
25c
2,200
14c
Oct
25c
Jan
68c
31,130
34c
Oct
90c
Jan
20c
sep
5c
Oct
Feb
40c
3,900
9c
13c
22,436
9 %C 11%C
67,900
6%c
66,500
2%c May
•/■'/ / 9c
10c
Ltd
4%c
■//
5%c
88%
5%c
0
Mines
Jan
24c
/ 62c
38c
*
Tubes
90c
25c
I
_
Jan
52
Sep
90
60c
..
38c
14c
Dec
16c
May
2c
/
Paymaster C'ons Mines Ltd..
Gold
Mines
1
—***_*.
Mines
Gold
Mining
East
of
Z
...
Mines
1
j/'.""''
'■.A--.:
/■// '
..1
33c
Oct
58c
100
4
1,200
2,603
V
25c
33c
25 c
7c
22%
3%c
4%C
500
/"
>
1.99
90c
,
yZ
■Z
90c
I-
i
54c
—li——
.Mines_^i»_uii.^-.i?
2,500
S;v
'/
6C
67
67
May
Nov
1.40
-Mar
4
1.78
1.45
1.40
65
-7%
70%
Nov
w
Jan
1.96
Dec
l3/4c
Jan
Oct
1334c
1.93
8.620
72C
3,000
23%
23 %
15
38C
i> 37c
714
7%-
33
—25
*—i*!/
4%
•
Worts
pfd
3.60 i
;■
3.40.
19%
22c
•.
3.70
2%c
20
Wood-Cadillac Mines
Ymir-Yankee
V
Mng
*—♦
21
Dec
Dec
Jan
5.00
13c
July
Jun
May
22c
Apr
Jan
4.80
Nov
Sep
21
Mar'
Jan
22c
Apr
40
2%c
Dec
Apr
3%
Dec
18
15;
Springfield Fire & Marine
25
Standard Accident
both
7,700
9%c
Sep
Dec
3%c
Feb
2.90
Jan
•2,000''
9%c
Dec
r
2%c
Apr
10
Travelers
U S
''
inclusive,
r:-
.
STOCKS—
•
'
'•
;
.
Brett.
V
Canada
Bud
Canada
!■
1
Last
Coast
Brew
Dominion
Foothills
Aircraft
O^i^ko
Bridge
Pend
Silknit
Lake
Pawnee
common.
Kirk
Oreille
_
.
13c
_
0
....
Temiskaming Mining
For footnotes
see
9
100
Mines
1
1.50
800
3%
1,962
6
page
160.
405
.
80
30c
5
70
100
Apr
4% July
45c
Jun
1.00 Mar
1.55
.
1,100
-
75
15c
10
5%
135
20%
600.
.
Dec
84%
30%
32%
K-2—
1
2%
3%
preferred—
5
4c
5c
Industry Shares
.^10
-65c
.——5
13.50
14.52
Broad Street Invest Co Ine—5
20.80
22.49
Bullock
11.80
12.93
A6%
Basic
Fund
Inc..
Fund
Ltd———1
Canadian
Fund
2.75
10.68
S-3
*;
Knickerbocker
Fund.
Ltd.^
26.67
8.91
9.65
com—100
2080
2180
100
137
142
Commonwealth Invest——_»—1
3.56
1
Fund———
Chemical
Christiana
Securities
Preferred
—
Consol investment
Trust.—.—1
29c
Series
/
31c
mod'
Series AA
Series
A8%
—-—1
common—10
Forster
A 7%
1.88
B
Investors
2d
Nation-Wide
shares
1.05
1.15
5.59
111
series—
Fund.*.-—-
Delaware
1
Agriculture
C
...
1
—
2.50
D
Dividend Shares—*—
16.00
4.65
17.30
1.02
1.12
—.25c
————1
16.62
17.66
;-l
9.89
10.50
(Mass) .8
22.99
24.72
Equity Corp $3 conv pfd——1
22
23%
Invest
Corp
—
....
First
Mutual
Fixed
Trust Shares
Amer
1.61
Series
4.53
5.05
A—
7.79
3.10
3.65
2
16.27
3.87
Inc
3,56
Generar
Capital Corp...
•26.17
28.14
4.07
Bond Trust
Trust
1.76
Series 1955
1
2.19
1
2.15
Series 1958
1.79
10c
(Geo)
34c
39C
—1
11.44
12.44
10c
_lOc
4.40
5.25
1
2.93
3.30
•
78.61
80.19
—2%
Shares**—
1
7.48
Fund
Quarterly Inc Shares—^
Automobile
shares——
5.37
Scudder, Stevens & Clark
4.43
shares*.
5.97
6.57
Fund, Inc
—1
Selected Amer Shares
—
5.32
5.86
Selected
—
5.48
6.03
Sovereign Investors
6.97
7.67
Spencer Trask
3.69
4.07
State
5.75
6.33
3.52
3.88
shares—**
4.02.
...
bond
—*
shares
—
3.99
4.40
4.51
4.97
shares
4.81
5.30
shares—
2.60
2.87
5,500
500
8,092
6c
1,000
2c
2.34
Equipment shares—*
shares..
shares
Dec
Jun
35
AHuron
Holding Corp.
Income
Foundation
10c
18c
10c
1.25
1.36
Fund
8.13
3.44
5.32
5.92
•
12.15
12.93
»_•
63.38
68.11
1
2.00
Trustee Stand Invest Shs—
A Series
C
ASeries
D
Trustee
Stand
1
1.80
1
Oil
1.73
Shares—
ASeries A
1
4.40
ASeries B
1
5.12
25c
35c
Trusteed Amer Bank Shs—
Class
B
Industry Shares—„25c
64c
72c
20.87
22.81
16.11
17.62
5.65
5
14.71
15.82
*
1.87
6.18
2.12
11.32
United Bond Fund series A.
12.41
Independence Trust Shares
B__
Series
Inc
Incorporated Investors
U S El
C
*
Lt & Pwr
Shares A.
11%
B
1.24
Wellington Fund.
Jan
Institutional
Jan
Aviation
Securities
Group
Bank Group
15c
Dec
Dec
lc
Dec
Aug
.1.75
Jan
Investment
-3c
July
4%C
Dec
Investors Fund C
Sep
1
St Investment Corp
Super Corp of Amer AA
Series
Fund
—L
Common
85c
%C
Income
Trusteed
Jan
July
lc
2.57
85c
30
1.30
Utility
25
5
1.10
Sep
Oct
35
13c 15 %c
shares*
Jan
1.50
9%
—
Nov
Apr
Sep
37%
•
Group Securities-
3.10
7
Jun
ctfs
5.08
5.52
shares
1953—.*
Republic Invest Fund4.88
3.87
4.61
4.39
shares*
8.88
3.50
Amer
Putnam
General Investors Trust.
Agricultural
7.13
6.35
8.07
4.66
Invest
1O.0I
6.48
5.76
——
17.83
Fundamental Trust Shares A—2
Fundamental
Shares
5.93
6.95
Series 1956
10
Trust
7.79
8.57
5.01
15.48
A—1
Foundation
7.87
5.01
9.98
9.10
stock
—
Railroad
Fund——8
Trust
•'
6.31
equipment-
Railroad equipment
North
7.15
7.07
Steel
1.47
Fund,
11.12
7.79
...
14.38
—_—•
Industrial
5.98
10.3L
5.38
*
—*„——
Oils
No
Financial
5.46
4.54
—
stock*
Electrical
Inc.
Fidelity Fund Inc..
3.95
4.93
5.40
l
Machinery
Fund
Equitable
Bank
Chemical
Metals
Stock Fund..*
Balanced
6.43
3.55
9.08
Insurance
Eaton & Howard—
3.71
Oct
3
.—
Fund
Building supply
5.25
4.07
Dec
5
;
—*
Automobile*
3.00
Diversified Trustee Shares—
5.83
—
series
Aviation
2.81
Feb
9
*
Low priced bond series
Preferred stock series
3.89
Jan
78c
9.26
New fork Stocks Inc—
3.36
3%
25%
8.88
8.47
2.95
Bond
3.69
81%
9
8.26
Securities—
New England
•
—_1
5.17
118
.100
3.60
18.32
Fund
Fund
series B
Income
X25 %
preferred
7.61
3.05
*
•
26%
Insurance—
Cumulative Trust Shares..
6.91
17.04
Inc—10
Mass
2.24
100
32.20
1
Trust
2.24
24%
shares———10
preferred
Crum & Forster
/
1
...
mod
ACG
ACrum &
1
—
31.56
(Md) voting shares
—25c
National Investors Corp
i
National Security Series—*:
1.99
series
10
3.87
1.88
Accumulative
78.20
10c
Investors
(Colo)
1
AA—-1
Corporate Trust Shares
5.91
76.64
Inc—
—
Mass
Invest
3.12
*
Maryland Fund Inc——10c
Mutual
8.54
5.37
Loomls Sayles Mut Fund
Loomis Sayles Sec Fund
Common
11.74
7.76
S-4**_*
12.88
Z 2.81
S-2
8.65
14.33
11.62
Series
3.35
24.81
1
Inv
Century Shares Trust——
16.59
13.09
*
Manhattan Bond Fund
Tobacco
27 %c
Aug
25.37
15.08
7.88
Series
...
Steel shares.*.—
Aug
78c
lc
1.23
6
7%
90c
Ask
30.08
3.02
_'
Series
Bankers Nat Investing—A Common
Nov
High
•%c
Bid
27.43
23.12
Series
Railroad
for 1942
July
25%
5%c
_
%c
35
25%
.
Mines
Range
100
80
«
preferred
6
85c
29c
30c
_
«
.
49%
80%
Par
11.02
Merchandise
Low
6'/2
6
#
31%
47%
Keystone Custodian FundsSeries B-l
10.25
.
Petroleum
1,000
3
--..100
*
Oil & Gas
Humberstone Shoe
Ontario
1 %c
1.40
3%
_
lists
Shares
6
1.50
Consolidated Paper Corp..
deHavilland
-
85c
Consolidated Sand preferred
Dalhousie Oil
Co,
430
29%
/
,1
Axe-Houghton Fund Inc
:•
Mining shares.**—*—
High
l%c
.
Co
37'%
59
2.50
K-l
RR
Low
l%c
Marconi
Copper
official sales
6%
.
420
45
125
10
Westchester Fire
Series
Electrical Equipment
for Week
of Prices
■j
„
56'%
269
4
5%
Shares*
Food shares..—
Sales
Range
Vinegars
Canadian
from
Week's
Par
*
'
121
—100
...
5
Oil
Investing
compiled
Sale Price
.Trethewey Mines
35%
Fidelity & Guaranty Co..2
U S Fire
—2
Stand
General
Funds
Friday
'
43
B-4
Oct
Jan
1.80* Oct
1,000
2.65
22
80
l%c
2%c
May
•
6
67
\-10-:
15%
Dec
Sep
75c
9c
9c
Canadian
8
259
...10
B-3—
Dec*
Toronto Stock Exchange-Curb Section
Jan.
23%
B-2—
Chemical
2" to
21%
10
Scries
Aviation
Jan.
55/»
25%
10
Building shares...
Gold
4%
24%
Security New Haven
:•
33%
2
.10
Seaboard Surety—.
Series
Mar
l%c
2.50
2.60-
4%
1.24
8c
2%c
1
•„
Wright-Hargreaves Mines./*.*.——
36
Oct
3.00
/■V 114
70
Dec
6c
18%' Apr
-
78r
20
70
1- 70
112
4,000
3:
6 34
33/4 July
3.00
9,875
,/-45
Dec
Jan
2% Mar
10,410/
/:■ /
22c
Jan
8c
Sep
41c
1.346
19%;-
20c
40
100
50c
5%c Jan
2%C
/■'•/ 3
-—100
.
Nov
10%
Dec/
July
15c
•: 45'
—•_*
Apr
1,000
2VsC
preferred——i—!
Jun
3,600
.—_\.:_100
—
21
16% May
c
Wiltsey-Coghlan Mines.
—I
Winnipeg Electric class A.————..—*
PrL.J—...*
Feb
25c
25c
19%
3
1—1
Jan
1.10
3c
1,000
4.45
Jan
2.34
2% Mar
23,100
9'%c 1034
25c
Ltd****.*—___J*
&
Wendfgo Gold Mines.—
4%
1,10
11%
Oct
Oct
29
85
10
2.43
Jan
5%
4,500
95c
4.40
16%C
t
.
6c
,
1.98
lc
195/
4%
440
1
;
5%C
Oct
•4% Aug
65
33/4
3%
-
1.03<
___1
33
32%
3 :,/4
■7/
98c
23c
1,550
V/i:
■_*._—50
-
4,075
///6/
Jun
45c
2.500
8c
6%.
Ventures, Ltd
Mines;
38c'
6'4
?%C
8c
/
_•
65c
8% May
225
10%
——1
$lar
1.70 Jun
Oct
1.18
*
70c
*—../*_** * /
\t
Oct
2.22
Corp
Foreign
A Common
39c
7,420
1.85
•
—
1.05
800
10 y4
''B''-*—
Walker-Gooderham
>
70c
_L_—
(NY)-.
—
Fire
•Series
Jan
%c
7c
1.90
commons.
Oil&
(Paul)
2.80
•
87c v.-Juri.
——X
Upper Canada Mines Ltd—
:
Corp
(Texas)
17%
Jan
Jun
2,800.
200"
r
—1
United Steel:
15%
31%
11.76
Dec
20
7,000
59,550
K
1.50
Canada.——
14%
2.56
Dec
63%
Apr
.Mar
57
115-,
1c
114c
10 c V 12c
Mines, Ltd—_*_*—.*_*L
_•
87%
..5
10.74
Jan
3c
12
Oct
13%
82
68e
6c
Preferred
•40c
50
125
18
Apr
Aug
9% July
!
,200
:<.
1.46
-
Wood1 (Alex)
lc
2c
55::
60
.
65e
Oils
Fl
Nov
Dec
-
16,500
1.46
?—*•_.*
41%.
84%
Investing. 10c
Jan
68c
Class B
Can
'
Jan
1,46
United Fuel Invest class A
W
8
90
49c
1.68
Lfcd-conunon*—
Waite-Amulet
Apr
May
34c
*
Corp. class
Vulcan Oils
6
65
Oct
Mines——. —.*_*_„_t
Elevators
Vermilata
Jan
"
Uchi Gold Mines**—.*—.
•
Dec
97c-
Oct
7
/
•
Transcontinental Resources
United
84c
Sep
105
10%.
Holding
American
-
1.75
Teck-Hughes Gold Mines
AAmerex
1%
—
6.82
•:
Dec
25c
17
Gold—
Toburn Gold Mines
United
Jan
17
13 %c
59%
Stuig'eon River Gold—•_—/*_*_—*—_l
of
2.05
20c /■ Dec
15.000'
1.10
17
&■' V i*r
67
Sudbury Basin Mines..-—_***
99%
39%'
10
....
Ask
6.27
American Business Shares—* —1
Boston
18,325-
-
*25
Jan
Oct
;
Affiliated Fund Inc
Jan
37C
7
"
Feb
/.;) 15
Mar
Bid
1
-—
12% Mar
57c
Dec
39c 42 %C
1,10
■
Canada.common.
95%
10
.....—
U S Guarantee———
Dec
15%
Oct
9c
3c
22
29c
com****'
*
1.15
Apr
Apr
..
4c
May
/
500
"/>
414 c
;
:
100
91
23/aC
.
10
7.643
8
8
-314c
ZZ 10
Paving '& Materials
Preferred
*L*—^
Stedm'on Bros.
,ci;
1^-.
25
Fire.
Investing Companies
Par
Aeronautical Securities
Assoc
24
July
:
Jan
23c
.
1 %c
130
78c
90
Oct
7,300
90C
:///
Apr
1,225
73c
:
77c
45C
.:
Sep
May
28c
17 V*
Jan-
Nov
1.99
23 %C
>
,4c
Union Gas Co
Dec
12
-/ :*>:
17%
1.95
28c
17 %
*
10>/a
Toronto
Jan
6 %C
16
50
v; 2 Vic
tGi
39c
1%C
12%
Petroleum.*..**/._*.;**—*Z
Tamblyn
Aur
30
12%
Standard, Chemical ——.Zyi'i':
Svlvanice Gold
Aug
150
1,000
22
2 3.4c
Cons
Jan
Jan
July
17%
225-
12%
Mines*.—*„**.l
Lake Beach
3.20
2%C
4,365
36c
.
88%
Feb
25c
45C
1,000
V
2.50
42 %c
Sullivan
Fire
Jan
4%
8c
1.86
1
Steep .Rock Iron.
57c
2C
540
2.50
—I
Standard
3%
843A
Jan
Oct
97c
1,183
15%
—_1
Straw
Homestead
Dec
Aug
:•
Zy 17c
500'
15
•
—
•'•/
24,760
6V2C
21%
Siscoe
Preferred
Fire—....
—
Jun
5%
Oct
3
1.81
:
Apr
30c
6
7c
_*•/
8
of
2%
62c
.
30C
v/ 90
Gold
1,482
6-%
:
15%
j——*_**
24
3 %
Jan
50c
5,300
•
*■*:**—1
•
22%
5
Jan
75c
-25c
preferred*——1
Mines
2.35
2.20
Oct
6'/aC
O
Gold
Sladen-Malartic Mines
1.00 Oct/,')
3.540
Oct
22%
Mine8y**Zzi*i**50:c
Mines
/*/*■—X
Gold
13 %
2,50
—
Jan
33c
1.72
0
Power—
31%
43%
11%
J ah
98C
;
10
Mines Ltd
Dairies
1.35
14%
v
5,800
7C
class A— --*50
&
/
/
57c
61c
1 'HW*
Mines..
Water
Creek
Go
25%
72%
Oct
-
'/!•
Simpsons Ltd preferred.—*—*—*Z_I00
Steel
24%'
Jan
Dec
6%
33c
v-
•
Sherritt-G.ordon
End
10
703A
2c
-
common
San Antonio Gold
South
27%
Insur Co of North America—.10
Oct
25c
1
^**_*—z.***.-/.**
Gold
Lake
26%
15
10
1.86
*
Senator Rouyn, Ltd—*—****.—***——1
-Slave
5
13%
70
•(
1.40
1.79
■/•:
Mills
Industries
Gold
8%
...10
;* 23 C
29 %
41%
5
St Paul Fire & Marine.——62%
39%
77/a
—
Hartford
.17%
37%
American..
Hanover
16
5
85c
55c
61c
1
Lawrepce Cor.
.
10
.—5
Oct
-
10
10
Fire—
Indemnity Co—!
Revere
95%
41c
1.75
6
Ryche Long Lac Gold Mines.vZ*
3ilverwoods
Marine
30 %
13.100
1.23
55c
America
Dome
Riverside' Silk
Sheep
&
Globe & Republic
44%
%c Nov
23%
...2
Providence-Washington ..—10
45'A
28%
50c
Mines
Shawinigan
>
6%
Quemont Mining
Recves-Macdonald Mines
St,
Fire
Glens Falls Fire——
43'A
41%
NOV
97c
...
Metals
Anthony
Gibraltar
5
92%-
12c
12%
1.35
—1
Quebec Golc? Mining—
Queenston Gold Mines
St
General Reinsurance Corp
——5
4,000
169'%
22%
Preferred Accident
29
—.10
56,303
12%:
'
1.79
-
of Canada
Oil
27%
Home
2c
90c
/ '/; 2.
1
*
Voting trust
RusseJ!
.-_5
Hartford Steamboiler Inspect.-1Q
23c
164%
Casualty
...
Reinsurance
Dec
Jan
8%
Fire——20
River
Phoenix
103A
31 %c
7,949
6%
57%
7%
Pacific
76%
9%
Jan
20c
:
95c
1
Mines of B C
Rouyn Gold Mines
Royalite
Fire—
73%
4%c
-
5%
55%
2
Fire
Republic
Great
4
10
'
'■
Gold
Pioneer Gold
Gold
5
103%
2c
21 %c
—
Engravers
Power Corp
Newark
Oct
'
Pickle-Crow
Franklin
Jan
'
of
"
Mai
68'A
463/a
Y
Pacific
—
85
60
•.
63c
57c
f
56%
Firemen's
Jun
N
Northern
41%
54%
Fireman's Fd of S Fran new..10
2 %C
i>
42%
Northeastern
37%
39%
Jan
36
60c
35%
Fire Assn of Phila.
Jan
1.04
-
5
10
Federal
500
16,000
65 %
5
—12.50
York
North
20%
^.lO1
Feb
50c
.
Casualty
18%
Fire
Amsterdam
New
Dec
65c
*
.
Jun
Continental
5
Jan
23C
Oct
Fire
& Mfrs
New Hampshire
29%
Jun
July
940
81c
4%
.12 Va
New Brunswick
17%
Connecticut General Life
7
41
75c
5.45
16
138
85c
72 %
5.25
10
Nov
25c
•
/
7%
69%
100
City of New York—..
3 %c
78c
(•
*._1'
Corp
Ltd
Hersey
410
6%
—.25
Camden
40
—
Ontario
1,900
,/'
..v
.
_
;**"£*«1.
'
Okalta
50c
1.15
—2%
Bankers & Shippers
Boston
Dec
Jun
24,600
Merch
8 %
7%
3%
National Fire..
New
Baltimore American
Jan:
26
Aug
6%C
2%
24%
Jun
28
5
45
.
Oct
120
•'
105
:
Sep
24%
185
6c
7%C
•
Apr/.
_10
32%
1
;
Liberty
3c
3%c
__
Corp
Reno
Merchant Fire Assur
Oct
100
50c
41
Mining
Prestop
17%
Oct
r
1.10
50c
1.15/
Canada
Pressed
21%
16 %
Alliance—
Equitable
95
30
5
Casualty..
American
200
/
125
3c
V.
i
—
-
...
.....
Gold
Premier
197/8"
Knickerbocker
American
6%C
988
24
•>
Corp.
Normetal
Powell
Maryland
Massachusetts Bonding
Jan
217
44%
—20
Co,
Mines.
Northern
Photo
69
20
30'A
66
lc
12,100
..
Norgold Mines
Perron
28%
Dec
4,565
31c
45
Mines
Partanen
10
;.
523/«
25
Life
50%
Ask
Bid
Par
Jersey Insurance of N Y
10
43c
115
1.34
28c
*
•_
:'/•%
4
r.
1.22
31c
■>
Power
Nordon Oil
Pamour
Companies
Ask
143
33
7,700
1.30
1
'
Car
f
*
—*
Noranda Mines
Page
Bid
138
7c
6,700
12c 12 %c
Mines—
O'Brien
10
Jun
V2,000
'
Negus
Surety
Apr
4,000
6%C
«
Steel
1%C
—
8
2%C
76
.'
Jan.
.74
33,400
1
....
Canada.'—
Trust
Nipissing
Par
Dec
11
Apr
10%
v
610
93c
Mines
Natl Grocers common
Gold
47%
83c
1
common
Preferred
47
91c
.'
_
Light
Corp
5%C
47%
1
Mines
Gold
94
5%C
5%C
5
...
Mines—
Porcupine Mines
National
15
6
1% Mar
92%
if
Mines
Mercury Mills
Mining Corp' of
National
14%
100
Gold
Naybob
1.545
6%
V
•'*
i
Exploration-
McLellan
Moore
6
15
Mclntyre Porcupine Mines
Montreal
4
.
common-
_
McDougall-Segur
Moneta
5%
2,468
'■
Preferred
McKenzie
10%
•6
_
McColl Frontenac Oil
<
4%
10%
z
—
common
Preferred
4
25
•
4%
4%
_
•
Preferred
4%
Friday
Dec
■
Preferred
for
Jan
71c
Oct
1.00
5
OVER-THE-COUNTER MARKETS
1942
Low
Madsen
Lake
•
for Week
MacLeod-Cockshutt Gold Mines*.
Red
'
1
Sales
Range
of Prices
Sale Price
shares
shares
*
Insurance Group shares
Co
of
13.46
14.84
Ltd—
America
72c
80c
Investment Banking
Corporations
xl.02
1.12
10
17.89
19.44
ABlair
&
1
9.32
9.53
AFlrst
Boston
1
Co
Corp—
10
63c
11%
83c
13 %
»%.fp
1—.
—;
'I*
,
!
4,
W*
w Itry ti
ri-JJvViVtydli^!.- 'f>U
kh'if Mi W.jii f, JVf *fu.wdM<Jji, H."WilE'tfcMW«
.
FINANCIAL CHRONICLE
THE COMMERCIAL &
160
1
^Wl.t 7
.
"
Monday, January 11, 1943
i—
—;—
I
OVER-THE-COUNTER MARKETS
«{'
'f-
•
•
•
for Friday Jan.
Quotations
}( •
•
•••;,
■
s,
•
'
i
■
Quotations For Recent Bond Issues
Specialist Since 2903
Bid
insurance Stocks
Bank Stocks
•'
■
,
Cent 111 Pub Serv 3%s,
1962—
Macy (R H) 2%s 1952—
Private
Telephone to Hartford and New Haven
3%s,' 1972_;
Electric
Penn
of Indiana
Public Service
T. C. CDRWIN
Members
New
York
30 Broad Street
Security
&
'
Dealers Assn.
Par
Bank
Manhattan
of
Bid
16% >,
100
100.1
100.9
100.11
TMar 15,
100.13
100.15
TDeo
15,
100.23'
100.25
'4
'
.
.i
Bid
Par
Bank of New York
286
__100 '
1943——:
iy8%
1
:
____:„10
Bankers
Brooklyn
Central Hanover
38
38%
Guaranty
241%
__100
22%
^100
25
Title Guarantee & Trust—__12
& Co—
(J P)
'
T
"
:
37%
preferred
and
including
those
3%
redemption
or
fund provisions.
details
Company
Alabama
consol.
1st
RR.—
mtge.
American, British & Continental
dated
tures,
American
45
$5
Southern
gold deben-
5%
• •
*
Feb
Inc.,
15-yr.
Ohio
&
2303
1
2187
2303
1
mortgage 5s,
due
1948—4—v——-Jan 16
mortgage 4s,
due
1948
2303
5s, due 1950———.1-4—-—Jan
i Pittsburgh Lake Erie. & West Virginia Systeih"4s, due
Southwestern
of
dated
lot
Division
16
16
2309
I
^ Toledo-Cincinnati Division 4s, due 1959—
Jan
} Ref. & gen.
mortgage 5s, series A, due 1995^4^4-—Jan
Ref. & gen. mortgage 6s. series C, due 1995—•-•r.J-4--Jan
"4 Ref. & gen. mortgage 5s, series D, due 2000——iwJ—Jain
16
2303
16
2303
—•—
16 .;:
2303
2303
Ref. & gen. mortgage 5s, series F, clue 1996—Jan 16
2303
; Secured 4% notes, due 1944„—„__4—^—^Jan 16 44 2303
Lincoln Park & Charlotte RR. 1st 5s, due 1949
_,._Jan 16
2303
16
,
& Little
Buffalo,
Kanawha
Rochester
4%s,
,■
due
Buffalo &
RR.
1st
Pittsburgh
&
due
5s,
Ry.
1950
—Jan
consol.
4
16
2303
mtge.
Jan
16
2303
1st 4s, due 1963—Jan
16
2303
1957
Susquehanna RR. Corp.
4 Cincinnati, Indianapolis & Western RR. 1st 5s, due
,4
1965 %
16
—Jan
— —
2303
'2303
West Virginia & Pittsburgh RR., 1st 4s,, due 1990-Jan 16
.'.Cleveland Terminal & Valley RR. 1st 4s, due 1995—__Jan 16
in
Dividends
7
first
4
.4
■-
current
17
Amerada
Petroleum
} 1st liertcollateral trust 6% bonds, due March
trust 5%% bonds, due
lien collateral
I1
1, 1946_Feb
Dec. 1, 1946_Feb
1
^2034
2034
>
Central
Hollywood Bldg. Co., income leasehold mtge. bonds
Central Indiana Gas Co., ref. & impr. mtge. 5 % bonds,
* '
due
1957
:
4__Mar
r
7 due
Electric
1966-
Cinema
Co.
3.%%
mtge.
Building Corp.,
5%
4%
due
1st mtge. 6s,
bonds,
due
-»
'4
18
1 ■.4''
•..
-
"
7.'; 5r/i>: preferred
Co.
Mills
——Apr
1
2128
-Associated
—Jan
15
2128
Extra
Jan
15
2128
Easton, Palmer & Bethlehem Street Ry. 1st 5s, due 1947_Feb
Eaton <T.) Realty Co., Ltd., 1st mtge. 4s7 due 1951
-Jan
Edison
Sault
Electric
Co.
1st mtge.
4Vas, due 1961,
,
13
2305
; 5%% preferred stock—
6 %
preferred stock-:
1.—
29
—
series
and
A
series
B—
%
2305
Fairbanks. Morse & Co.. 20-yr. 4c!o debentures, due 1956_Feb
1
2037
Gas
Co.
of
Hoe' (R.)
dated
New
Mexico.
&- Co., Inc..
Imperial
Laundry
6%s.
1st
3% -7%
Co.,
1936
5%
due
1944——
amended notes,
income
due
.Maris
1944__Jan
debentures
18
2130
1
*
Corp. 20-year debentures, due 1955 Jan
Kansas City Gas Co., 1st mtge. 5s, due 1946—
Feb
15
2307
Lebanon
Gas & Fuel
Co.,
1st mtge. 5s,
Lehigh Valley Coal Co., 5%
.
due
1st
1944
.——
and ref.
1944
Little
Company of Mary 1st & ref.
bonds,
series
A
and
series
Lumber Co.,
New
Jersey
Nice
Bell
Worsted
collat.
*
'
trust
:
4:
15
stocks—y-i__Jan
*
Extra
preferred stock— ———Feb
i.
1
2042
*'■
1945_Jan
1
due
1949
Feb
1
144
North
American
Co.
3% L
debentures
due
1954
—Feb
1
it44
1946__Feb
1
i45
3%%
College,
serial
notes,
_Feb
Ph5%de,nbfa Electric
1
due
1972
due
Oil
Power
Co.
—
1st
mtge.
—
5%%
«■
bonds
—Feb'
Co.
Mfg.
Birtman
;.\j445
Corp.'—<
Co.
Edison
1-20
1
5-
1
4-20
.
$1%
2-15 '
1-20
$1%
2-15
1-20
$1%
2-15
59
Royalties,
60c
1-20
1
1-15
1-15
12-31
2,
6'r
De
'
/
y
'12-28
12-15
1
12-20
2-
1
;
1-22
y
1-10
2
1
1-15
12-23
12-18
2-
1-
6
1-
4
1
1-20
12-29
12-23
2-
$2%
2-
,
l
1-15
;;1- 2
12-26
1-21
1-15
?
2-15
2-
10c
2-15
2-
2-
10c
(quar.)_____
$1%
$ 1 Va
6% pid.
(quar.)_4.
common
1
1
1-20
:
1-15
2
12-15
1-15
12-28
1-15
12-28
1-
50C
17 %C
2-
2c
1-15
1
25c
1-29
1-16
75c
1-
2
12-21
1-17
1-30
25c
,
-
25C
1-30
1-16
i5c
York)
Faber Coe & Gregg,
79 pfd. (quar.)_____ y9 A: $1%
25c
Fairmount Creamery Co. common (quar.)4
12-30
12-23
(New
Insurance
General American Oil
69
Shoe
2-1
1-20
2
12-19
2
12-19
1-29
1-18
1-
B
(s-a)
Mines
Co.
L.)
Extra
—
class
1-21
1
12-31
1-15
12-28
20c
1-15
12-28
50c
1-22
1-16
1———
50c
1-22
1-16
25c
1-11
12-31
3%c
12-31
12-15
25c
*
(accum.)—
A
A
1
2-
(quar.)——
•—
________
class
Co.
1-21
1
22-
lc
(quar.)
common
—
Mfg.
1-15
$$2
Richardson Arms—
&
cumulative
Harris
12-20
1-30
T40c
—
—.—
Harrington
12-31
12-30
15c
Globe-
______
Insurance
American
(H.
—
(quar.
68 %c
2-
1
$1%
$7 1st pfd. (quar.) —
$1%
$6 2nd preferred
(quar.) ——
Hildick
Products
Corp.
(liquidating) —— 12 3/lOOc
$5c
Hollinger Consolidated Gold Mines (monthly 1
Holyoke Water Power (quar.)————_ ," C 20c
SI
Home Dairy Co.
(Mich.) $2 cl. A (accum.)_4'./'/
9,J- SI
Home Insurance
(Hawaii)
(year-end)—
30c
Honolulu Finance & Thrift (quar.)
1-
1
1-
1
Hartford
Hawley
6
12-31
Co.
Extra
Green
1-
1-15
1-15
$28
'
Belyea
&
12-31
1-14
25c
19 preferred.
class A (quar.)
<quar.)—_—
:
Wernicke
Great
|
-
share of preferred stock of
Va
Plus
1-.9
:
9c
Co; > (liquidating)
Realty
1-20
1-30
63c
Corp.——
Globe-Wernicke
7
of Texas—
(accum.)
preferred
General
Class
30c
(s-at—
1-15
Shares,
Excelsior
1-18
12 %c
1-30
12-22
1-20
.4:
preferred
1-30
50c
(quar.)_.
2-15
12-29
25c
<quar.)__..__..___:_4::«-—
Inc. (irregular)—.:——
Dominguez Oil Fields Co. (monthly)—
Dravo Corp., 69
preferred (quar.)
Employers Group Associates (quar.)
25c
(quar.)—
ic
$1.40
4
Co.,
1-
$I%'!
(quar.)
Vllbiss Co.,
19
Dividend
Gordon
$1%
4
.
(liquidating)________
Pioperties
preferred
1-
20c
(quar.).-.
' ,$4
:
(quar.)__
(quar. 1
Davidson-Boutell
1-18
31 %c
_
(quar.)
—
Eloomingdale
Ami
Class
Boston
Safe
Brandon
Brooklyn
(accum.).
Co,,
Electric Light
Pulp &
(quar.)—
Co.
—
Paper
.
1
1-11
——.
preferred
—
F.)
Corp.,
&
Co.,
T',
of
National
50c
1st
preferred
America
Corp.
3-1.0
2-15
12-28
12-26
1-
2
12-21
1-26
1-13
25c
2-
1
1-15
House
2-
1
1-15
Howes
20c
1-25
1-15
2
12-22
1-30
1-16
1-
SI
:__
62 %C
1-30
(s-a)-J—-
$4
1-15
1-
5
—4.
$4
1-15
1-
5
preferred.. J.
25c
2-
1
1-15
1-
.
Horn
&
of
Hardart
12-30
1-15
12-21
-
12-21
11-
7
Co.
is-a)
(quar.)
———
(liquidating)
Jantzen
59
Machine
Knitting
preferred
Mills
2
12-19
2-25
Series
$1.42
12-29
12-23
Series
Keystone
S-4
5
12-19
1
1-12
1-15
12-31
,12-21
12-10
$1%
12-21
12-10
$1%
12-21
12-10
——_
Tool
Corp.———
common/-——
2-
25c
J
2-
1
1-15
10c
2-1
1-15
1-15
$1%
Funds—
'
4
•=
2-
1
1-20
1-15
12-31
10c
1-15
12-31,
'
(irregular)——
(irregular):
1
67c
(quar.)
2-
15c
(quar.)_,
Custodian
B-3
1-
12-10
12-31
40c
Kalazamoo Stove & Furnace
3-10
1-15
12-15
7,%c
—
.
12-23
$1%
_
preferred (quar.)——
preferred
(quar.)
International
1-14
4
quar.) _4———
1st
7*;'% 2nd
69
50c'
$3%.
69
19
1-28
1-
preferred (accum.)
preferred (quar,}_
(reduced
Westmore
Bros.
1-16
—
—
—4
—
—
8
$2
$1.12
(quar.)—..
(guar.)-.
Deposit & Trust
—
1-
$1%
(quar.)——.
Inc.—
class A
1-15
25c
common
4%9
$1%
$1
(quar.)—
(quar.)
Coro.
(quar.).
15c
8% pfd,
Corp.,
Bros.,
Co.,
B
Assn.
(quar.)—.————
Bobbs-Merrill,
Bon
National
(quar.)—^
Inc.
Electric
preferred
Brewing
1
Elec.
2-
$1
City
1-30
$1 %
iquar.)
Co.
Laundries
Bowser MS.
1
SI
(quar.)_____________AAA
Milling
-10c
.
——
California
of
Extra
State
Co. (Chicago)
preferred
(quar.)Ly.:.___4'_L____~:^__
Cresson Consolidated Gold Mining &
1-15
$$13'B
Insurance
12-10
—
Grandview
pfd.
12-20
"
$7
debentures
1950-1952
Co.
Hydro-Eiectric
Bickford's,
2307
3 % (ie.
Pennsylvania
1-20
4~
12-28
Ltd.—
conv.
12-10
2%c
__________
12-20
15c.
15c
(quar.)__
American
Baltimore
Bangor
Bibb
Co.
debentures due
Rubber
Baxter
American
4%
25c
—
Hardware Stores
&
Paint
Baldwin
Barnsdall
North
Oklahoma Gas & Electric Co.
59
Co..
preference
2040
!
(reduced)
preference
preferred 5% series (quar.) ________
preferred series A (quar.) — _—
$1%
—
(quar.) ———.4.
12-19
Fitchburg Gas & Electric Co. (irregular)____
Foundation Trust Shares, class A (irregular)
;; 1-18
1-18
Wiborg Proprietary—
&
bVz'/v
2040
;
20
bonds, due
Ault
2225
1
1
1937——w—,—Jan
1st mtge. 3-5L
4_-4
-
12-31
15c
4%%
1-16°
1
1
Augusta & Savannah RR. Co.——,
Bank
-
Aug ' 1
:
Powder
•2-
12-31
2-
(s-ai
37 %c
4V29
12-30
$1 %
Fund
Corp.________4__4.__
1-16
Federated
12-30
12-31
'
—Feb
mtge.
dated
preferred
Co.,
Bearing Co.,
B,
1
Feb
:
2132
1
Mar
—
—
bonds, due
Lexington Ry. 1st mtge. 5s due 1949—
Long-Bell
1956„
1st and ref. mtge. s.f. bonds,
—
mtge. 5%
due
Atlas
12-31
25c
1
—
preferred
Badger
Feb
Interstate Debenture
25c
:
2-
Associated Telephone Co.,
2306
*
bonds
;
12-28
$12
Mfg. Co. (year-end)___4—
Atlantic City Sewerage
(quar.i—
15
——-
-..',1-15
Athol
Jan
-
_c.~<
$1.25
20c
:50c
_y
Insurance
1-16
1-15
(irregular)
Apponaug
Arlington
v
of Rec.
4. 20c
(quar.)
2-20
preferred' iquar.)___________^_— ./;./$1%
45c
Dept. Stores com. (.year-end)
convertible preferred (quar.j;__—:_A' $1.06%
60c
First National Bank in Yonkers______—
14c
First Mutual Ti'ust Fund Shares—._
Pw'ple
common—4
Corp.,
1-15
1
(quar.)__^____--
4'
12-28
tmonthly)
Co./(irregular)
Steamship
Viscose
;r
1-15
1
2-
35c
.
Holden
1-15
Products
American
:
•
I960-
Home
American
''
1
6'/r
Culver
When
1-30
—
American
1
1945——4—-Feb
Co.—
vi
1
3-
A/Extra'
25c
—-j—
—
12-15
;4/ %-
$1.50 pfd. (quar.)___
convertible pfd. (quar.) __
6%
&
12-15
0
6
2-
1
2-
Cunningham Drug Stores, common
—
Quartely
11-
$1%
pfd.
Products,
Gas
2-
12-15
2
12-21
$1%
6'*>
50C
4
;
(Houston)
1-
$1
cum.
Cum.
All others
1-25
(quar.i——:
Insurance
2-27
2-15
$1%
Copper
Pasco
Columbia
1872
announced, but
Share
(quar.)_—i.
Corp.
/'■
Quarterly
-■4/', $1
.
General
Extra
2096
:
„_Feb
Power & Light
County
mortgage
2216
bonds
'w 4'
(increased)—
Inc.
Extra
American
■'
1
bonds— -4—7;—„_„Feb 26
1st
—
Cumberland
lst
&
mtge.
1st ref.
Ry.,
Gas
Straus,
American Alliance Insurance
.
12-31
1
:
Quarterly
'
Name of Company
12-31
1-15
_
A per
&
1-15
(quar.)____
I'.'e
Mills,
City National Bank & Trust
-44 •••"'- y'4% "
"
;
Abraham
Pacific
Store
Common
The dividends announced this week are:
|7
— —
-
Cincinnati
de
(Mass.)--
(accum,)___—
Ribbon
Chicksan Tool,
Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment Mews Department" in the week when
declared.
1-15^
12-31
4-
30c
(accum.)_______
preferred
■
Cerro
which have not yet been paid.
2303
1
1-15
30 %C
pfd. tquar.)____
Corn Exchange Bank & Trust Co. (N. Y.)—
Quarterly
4 r.___4ri4—v.-.L
Cottrell (C. G.) & Sons Co., com, (year-end)
show the dividends previously
we
Light
&
Power
Chain
grouped in two separate tables.' In the
are
2-
30%C
(interim»_/,
Mills—
Flour
preferred
Century
bring together all the dividends announced the
week.
Then we follow with a second table in
we
which
'■■■•
-
1
y.
reg.
reg,
•'•V7%
2141
(quar.)___
deposit rets, for
(interim)
ordinary
ordinary
Centennial
DIVIDENDS
,:,.v:■■
;"v.4:
:.y
y
1968
..1.Feb
1
Brooklyn Borough Gas Co. 1st mtge. 4% bonds due 1965-Feb 41
Central Gas & Electric Co.—
7'
4.--.• y.4-.'
Central
Anier.
A
Commonwealth
2303
1st
Ltd.,
A
class
B
Consolidatcd
y
of Ree.
1-15
2-
$25c,
$37'/2C
(quar.—_____
Class
156.
Volume
Cos.
Class
Cum.
Allegheny & Western Ry. 1st 4s, due 1998——4-——Jan 16
Birmingham Electric Co. 1st & ref. mtge. 4%% bonds
7 due
Products,
.-v
,
Ohio
Oil
2310
1943.
Noldert
When
Payable
$3
Power,
Silk
a
—Feb 26
Feb 26
4,
Per
>
—_——
Eiectric
Carrcras,
$46
due
issue of Jan.
$In
this issue,
in
^Announcement
Ltd.
Fund,
Canadian
e
1694
1
1
1
market.
TThese
Share
.
■
Name of Company
Canadian
47;.-. y
1
$>/
0.32%
.
15
*—
0.32%;
0.32'*
0.32
—
-
_______
15c »
pfd. (quar.)__
,
75c
California-Oregon Power Co., 7'/r pfd. (quar.)
■4 6':i>
preferred (quar.)
—________
$1%
b'/e preferred ]927 series (quar.)$1 Va;('.
Canadian Breweries, $3.40 pfd.
(quar.)__.._
$850,
Jan 12
—
/'
California
1869
0.32%
0.32%'.
-
AQuotations not furnished by sponsor or issuer.
6%
1st mtge.. 6s, due 1944 .——Feb
Baptist Church, 1st.mtge: bonds,
Ask
0.30%
1943—1L————
sales^
b Yield price,
d Deferred delivery,
r Canadian
for year.
x-Ex-dividend. y Ex-rights,
tin default.
Central
Feb
Co., 20-yr. 6% debentures, due 1955———Apr
Chlorine Products Corp., $4.50 cumul. pfd, stk._Feb
Westvaco
Bid
0.28%
0.29%
0.30%
2310
Co.,. Ltd.,
Temple
bO.37
b0.37
Jan 15
Service
'2303
1951
* ' '
at purchaser*
24,
:y.
2303
Jan
■
0'.
'
0.48%
b0.37
March 3. 1943_H————
b0.37
March 10. 1943—-1-—— 1
b0.37
March 17,
1943:.——
b0.37
March 24, 1943———'——
b0.37
March 31,
1943
bO.37
April- 7, 1943
b0.37
Feb.
0.28%
Bullock
{extended
;
1st ref, mtge. bonds—
Co.,
serial
notes,
RR„
discount
for
0.27%
•
5 fo
1941
Walworth
2303
1st
16
A/ :j'
«V'.
1943
Ask
b0.37>
b0.37
RR.—
1st
Ja-n
$'/8s Dec 1,
—
Page
Date
•
..
.
———
Lime
Standard
Trustees
Light Co. 5% bonds, due 1966——Feb
Atlantic Sugar Refineries, Ltd., 4% bonds due 1951-—-Mar
"
•
0.30%
b0.40
1943
range
Ry.—
Public
1943-1954
2187
Jan. 15
—
Pacific
Southwestern
1856
debs.
conv.
—:
Arkansas Power &
Baltimore
•••;.>>";V-v
1
of
1,
_
are
subject to all Federal taxes.
——
.bonds'
Jan 22
collat. trust bonds, due 1953_Jan .14
Founders,
Type
1950
Corp.
__
Rys. Corp. 4%%
American
due
1928—
«Odd
value.
par
.
Jan 22
bonds due 1943——
4% bonds due 1943—
B
ser.
♦No
Southern
1
quoted
b0.37
Raleigh & Gaston RR. 1st mtge. 5s, due 1947——--Jan
Pacific Co., San Francisco Terminal, 1st mtge
Page
v
mtge.ser. A 5%
consol.
1st
Southern
•
Raleigh & Augusta Air Line RR. 1st mtge. 6s
at
5'i,
matured 1931)--———-—
Date
and Issue—
Great
Rates
17,: 1943—
;
Seaboard Air Line
given in the "Chronicle."
were
0.78 4c
100.10
1943——.—'—
bonds are
—
ing tenders, and the page number gives the location in
which the
bO.81
100.8
1943—_
—Jan 18
Rhebem Theatres Corp., 1st mtge. 5s, dated 1937——,-Jan 16
Ritchie Cut-Stone Co., Ltd.? 1st mtge; 6%s, due 1948—Mar
1
St. Joseph Ry., Light, Heat & Power Co. 1st mtge. 4s
due
1947
—•
-Feb
1
Safe Harbor Water Power Corp., 1st mtge. 4%s, due 1979_Feb
4
Salmon River Power Co., 1st mtge. 5% bonds, due 1952_Feb
1
last date for mak¬
'
"
sCash sale—not included in
1065
1025
10,
Feb.
:
76%
3,
Feb
189%;
I—
1958
redemption,
for
sinking
under
called
The date indicates the
called
stocks
0.66 9
0.76%
—
collateral trust
———_—Feb
1
Pittsburgh Suburban Water Service Co. 1st lien & ref.
mtge. 5% bonds, series A—_4_—__Jan. 13
Poli-New England Theatres, Inc., 1st mtge. bonds, due
list of corporate bonds, notes,
common
b0.69
b0.79
1943--——L—
20,
27, 1943—
Feb.
Philadelphia Rapid ..Transit. Co.,
bonds, dated Dec. 15, 1908—
Notices
a
b0.51
t7/ss Nov 1,-1943
'
>
—100
States-
Redemption Calls and Sinking Fund
i Below will be found
$0.65s May 1, 1943.
T7/bs Aug 1, 1943
99.28
100.21
1 % %
-
Jan.
53Va
Company and Issue—
AAiAAiK-
101
99.26
'
'
United
1945
Jan.
25%
;
2%
New York———
246%
T%s Feb.
Treasury bills—
:
•
..4.4
Jan. 13, 1943—bO.37
0.27%
1215
1165
.—20
.,
Morgan
49%
Certificates
•
12%
35%
x51%
179
73%
160
•
'
v
-
Indebtedness—
100.25
Bid
Ask
.
145
—100
44
i.
100.17
100.19
•
common—;___20
Preferred
39 %
46 %
_.
Fulton
j
100.23
—
1945
15,
99.13
'
;
■
•
United States Treasury Bills
—-.100
-^_25
14%
;
%%
—
1944
Mar 15,
•'
99.10
100.8
100.6
100.15
%'
1944
$Mar
4
1%%"
-
29
27%
"." Par Bid
—10
11%
41
13%
'
15.
—
^
Companies
Irving
lI
Kings County
-Lawyers —;
'Manufacturers
79%
39
10
Corn Exchange Bank & Trust_20
Empire
50
a
66%
76%
—10
Continental Bank & Trust.
40
'
'
20
Chemical Bank & Trust
'
62%
100
—
1944
15,
.
Aak
»
99.11
100.29
1944—7
15,
tSept.
29%
•••
J
296
%
1943——
Sep
Ask
1205
28%
17%
Ask '
■
1
15,
1946.
%
1
_
-
Public National
York Trust
106
99.8
15, 1945.
1946.
% %
1%%
Mar, 15*
Bid
100 1175
rw-,_..12%.'
National CM
:
102 V'g
105%
Int. Rate !.i Bid
Maturity—
$Dec.
1943
100.3
Jun
y.J ts
i
Par
176
168
V; •;
•
First National of N Y;.
30%
29%
105%
101%
represent one or more 32ds of a point
Ask
Bid
Int. Rate
'
V
17%
_13.56
Commercial National
..
Ask
10
Co_
National
Chase
U
•
.
.
105%
105%
—
Public Serv 5s 1957
Wisconsin Pwr & Lgt 3%s, 1971,,
103
102
Dec'15,
New York Bank Slocks
•
104%:
1956
S'western Pub Serv 5s 1972
1943
15,
Sep
•'
106%
Quotations For U. S. Treasury Notes
Jun
:
105%;
Pipe Line
Virginia
Figures after decimal point
tMar 15,
•.
3 % S,
100%
107%
;
Maturity—
-.
3%s 1971'__—_
Southern Natural Gas
u
v
Hartford Telephone, 2r0l21
'
Pub Serv of Okla
CD.
::///A//4.7 New York, N. Y.
Telephones, HAnover 2-1035 to 2-1044
91%
99%
1972———4—
3%s
104%
107
—
Ask
Bid
Ask
Vi
91%
104
1971
Empire Gas & Fuel 3%s,
—_
■
!
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
Per
When
Holders
share
Payable
of Rec,
;
Per
When
Holders
share
Payable
of Rec,
12-23
12-21
2
12-28
12-23
161
12-18
•
Lawrence
(quar,)~
1-13
2- 1
'•4- 1-;
50c
,'■/■'
37(4c
preferred •(quar.),*.^$1
Lehigh
Cement
Portland
4'J?
Alliance
Lincoln
N.
Y.)
4 %
Electric
&
Gas
Bank
&
Trust
Lowell
Co.
$6
Fund
Bond
pfd.
50c
50c
65c
$6
10c
3c
t accum.)___
(quar.):
!
■
____—
McKale's,
Melville
5%
.
Corp.
__i,
preferred
quar.>_—
preferred (quar.).
(I.) & Sons 8% preferred
7%
Calculating Machine
preferred
Monumental
Morrell
Life
Nashua
Co.
7%
Wide
Trust
.
common.,
-
.
//"
class
National
Battery
National
$1(4
C
preferred
Co
&
Iron
Mfg.
dividend
National Securities
Amer.
Series—
bond
stock
.Preferred
series^
Low-priced
^
National
iWm.)
Bros.
New
New
York
Ltd.
7%.
&
&
Corp.
A
Co.
common
Co.
15c
iquar.)
7 V2C
Coca-Cola
&
$1.30
pfd.
Bottling
&
•>
2-1
$1(4
1-15
convertible
(Albert)
Co.
Pilot
Royalty
(s-a)
Extra
12-28
1-15
$2'/a
^25c
>(
Reliable
Fire
Reliance
(quar.)^.
&
Marine
Mfg.
Co.
Insurance
(111.)
Rhode
Island
Rhode
Island
Public
A
Co.
Service $2
pfd.
(quar.)
Dry
Richmond
Rochester-American
of
N.
Y.
Light &
Paper
' 2- 1
Insurance
Brothers,
John Dry
5'/2%
Paper
1-15
1-
1-
Dock & Shipbuilding Co., Ltd.—-
preferred
$114
Can
Company
5%
Co.,
prior pfd,
(quar.)
Snyder Tool & Engineering
Southeastern
•
•'
Ky.)
$5
(quar.).—
Investment Trust
preferred
1st
Southern Acid
&
Southwest Ice
&
(quar.)
1—
10c
—_
,!
(Lexington,
(accum.)
A."'
Sulphur, 7% pfd.
Dairy Products—
preferred
preferred C
B
Stix
Baer
Stuart
(D.
Class
Co
partic.
1-
2
2
12-29
(quar,)
2nd
12-29
12-23
3-15
:
3-
Sun
Oil, 414%
12-28
'
—_ —
12-19
1-
1-15
-—41
$1
Ik—
(quar.).—
$114
Sun
Ray Drug, common (irregular)
6%
preferred
(quar.)—
Super Mold Corp. of Calif,
Texamerica
for
each
Thatcher
Oil
1-12
2
12-31
1
share
Mfg.
Shovel
Tobin
Package,
preferred
7%
Toburn
Towle
U.
S.
&
U.
S.
1-29
1-15
1-20
1-
5
2
12-30
Oil
1-30
12-10
$1%
:
tic'
$114
—
Shares
Works,
2-15
12-21
25c
...
(quar.)
Corp. (s-a)
80c
A" (irregular) J
pref.
(quar.),.
——;
25c
1-
5
12-26
1-
5
12-26
2-22
1-22
1-15
1-
8
1-30
1-15
43c
1-15
12-31
20c
2-
1
1-18
preferred
Alcohol
__
(quar.V—"
....
'::2«-1
2-
8
2-
1
1
5$1
1-15
Southern Ry.
Ry.K4%
preferred
Republic
West
pfd. (s-a).-
Chefford Master
&
(initial)
1-20
1-15
12-31
10c
1-27
1-15
17c
2-
...
9
12-31
12-31
1
l&c
1-15
1-11
2-
70c
Manufacturing
1-
1
2-
$1(4
(s-a).
12-28
1-15
$1.18
30c
Illinois
1
1-
8
1-
5
12-31
1-16*
Oil
Co.
5c
RR,
class
(quar.)
preferred
Coal,
1
1-19
Clinton Water Works,
1-19
Cockshutt Plow Co.,
68%c
2-
1
1-20
25c
2-
1
1-15
25c
2-1
1-15
&
Commercial
&
6-16
9-15
$1(4
$1(4
3-
2-15
...
6-
5-15
$1(4
9-
8-16
12-
11-15
Realty—
1-15
1-
$l3/4
2-
1-25
pfd.
$134
>15
(quar.)
common
Ohio
(quar.).
Alcohols, Ltd.,
preferred (quar.)..
(s-a)
1
1-
4
2
....
common
1-15
1-4
1-15
1-
4
2-
1
1-15
4-
I
3-18
4-1
3-12
25c
;1-15
75c
1-15
12-31
$1(4
1-15
12-31
$13A
$1(4
4/
:
1-15
1-
5
1-10
1
1-16
80c
.
1-11
12-31
X ** 3> X
12-31
2-
1-15
1-31
(initial
new
1-25
1-15
1-25
1-15
75c
1-15
1-
5
37'4c
______
2-20
1-
9
4-
1
3-20
4-
1
3-31
4-1
2-23
2-27
com.)
:
(increased)
(Hartford)
(Mt.
of
25c
$1.18%
(quar.)__
'_.
Pittsburgh
of St.
$1(4
(quar.)
Vernon, N. Y.)
Louis
25c
$2
—
(quar.)__
4uc
(quar.)—_
pfd.
conv.
—
$1(4
(quar.)
$3
37(40
,
37(4c
(quar.).__
(irregular)
preferred
30c
(quar.)
1-20
2-
Inc.
Motors
Safety
Bros.,
$4.50 pfd.
Co.,
Ltd.
-'V
________
Co
—
(quar.),
Lakes
Power
Montreal
of
prior preferred (s-a)____
pfd.' (quar.)._—_____
Co., 7% pfd. (quar.)—
Halle Brothers Co.,
Harbison-Walker
(Canada)
Hecker
$2.40 conv.
———
Powder
6%
Co.,
pfd.
(quar.)— ___
(quar)—_
Bartlett
——
Higgins Industries,
12-31
1-15,
5-1.5
2- 1
1-14
1-15
12-31
;
1-15
12-31
1-15
12-31
1-15
1-15
12-31
1-20
1-15
2- 2
1-14
1-14
2- 1
1-25
1-15
2-15
2-15
15c
30c
$1(4
75c
,
&
1-
8
preferred
(quar.)—
(quar.)
,
(quar.)_
•'*—-/
—
common
1-6
12-31
1-15
> 2
1-
2
1-14
1-
4
12-30
2..
4
1-25
$1
—
(quar.)
Household Finance,
^
2-15
1-25
2-15
1-25
15c
30c
lc
25c
$1(4
25c
$1
1-29
2- 1
1-25
2- 1
2-1
1-28
1-15
1-15
3- 1
1-15
2- 1
2- 1
Co.—
—
6%
Holly Development (quar.)
Holly Sugar Corp., common
Horder's,. Inc.
9
12-31
$1
:
—
Spencer,
preferred
1-
.
$1(4
$4 convertible, preferred-—.
7%
;
1-15
25c
—
—
Hershey Chocolate Corp., common
Monthly
2
.1-25
8*
$1(4
$1(4
6834c
25c
—
Extra
1-
Refractories—
preferred (quar.)
Inc.
(irregular)——.—
Products Corp.
(resumed)
:
Hibbard,
1-11
1.
$$1'4
60c
Industries,
Hercules
1
2-
t$l(4
Corp, of America, class
6(4%
2-
t$2(4
'
______
Hayes
1;
1-
$1(4
preferred (quar.)
Hairisburg Gas, 7% preferred <quar.)__—
Hartford Times, 5'4% preferred (quar.)____
B
1-11
$1%;
(quar.).—__
pfd. (quar.)_
6%
Class
4
1
2-
62(4c
.
—
_______
—
Guaranty Trust Co.
Hat
1-
North America—
(quar.)
Extra
1-20
12-18
v
2-
20c
_____
Hosiery, ,7%
5%
1
1-20
12-31
25c
(quar.)
&
1-
1
$1(4
$1(4
$1(4
(quar.)
$5
1-10
1-12
$1
—______
preferred
Corp.,
1-15
$1(4
(quar.)—_
Razor $5 preferred
$6 preferred
(quar.)
Mills,
Guarantee Co.
i
5c
(quar.)
McBean
State
,
(quar.).;
-
1-15
2- 1
1-25
1-15
Light, com. (reduced)__r__
$2(4
General Baking Co., (irregular)—.—/
15c
General Electric
Co
35c
Corp.
12-31
2- 1
1-16
75c
-
1-12
1-20
1-20
2- 1
25c
;
9-15
1
20c
(quar.)—___
6-15
7- 1
10-
135c
——
(quar.).
3-15
4- 1
25c
(quar.)
Malting Co.
Co.; common
Finance
12-31
1-15
'
(quar.)—.
(Canada)
convertible
3-31
'y//4/Z':-
Industries
(quar.)__
——
5% preferred (quar.)————i
Fibre, 6% preferred (quar.)— v
Corp., $7 pfd. (accum.) _
Hydro-Electric Securities, 5% pfd. B (s-a)
Imperial Bank of Canada (quar.)—
—
Hummel-Ross
Hutchins Investing
$1(4
$1(4
$2(4
25c
+$2
1-19
1-17
12-31
1-15
1-15
>16
12-31*
12-31*
12-30
1-15
12-31
(quar.)_—
30c
1-15
12-17
Group Shares————————
.0265c
2- 1
12-31
$1(4
1-15
J2-31
—-
20c
1-15
1-
5
participating preferred (quar.)_———
37(4c
1-15
1-
5
Indianapolis Power & Light com.
Institutional
525c
6-
1
5-15
$1.62
2-
1
1-15
55c
1-15
12-31
Common
510c
1-15
12-31
6%
Electric—
6
1-.4
—
_
$ls/8
(accum.)
7%
Ltd.,
Southern
...
7-15
10-15
$1(4
pfd.
1
preferred
,4
....
(quar.)_.___.__.._^_
2-
3-17
'
:
'
;;
Term.
7%
12-16
25c
....
& Texas Pacific Ry.—
5% preferred (quar.)
5% preferred (quar.)
Clinchfield
1-15
4-15
25c
•
...
Postal
12-31
25c
preferred (quar.)
5% preferred (quar.)...
Cincinnati
12-15
1-15
25c
;
;
New Orleans
12-15
A
5%
8%
1
$1(4
;
Quarterly
6(2%
l'
1-
$1(4
:
...
Quarterly
6(4 %
1.
2-
37 (4c
(quar.)
Electric
(N. Y.)
Eastern
Cotton
Cincinnati
2-
59c
Chicago
Chickasha
12-24
2%
(s-a)
Co
Bank
12-31
1-15
550c
(initial)
Utility
Co.
preferred
Wood
Great
12-31
1-15
6
1-
12-31
1-15
/
(quar.).—20c
Co., 5%
Gotham
12-31
1-15
(quar.)
(s-a)
non-cum.
&
1-15,
5$1(4
512(4c
1-
1-12
preferred (quar.)—1.37 (4c
preferred
(accumulated) _____—_____/
$7
Golden
/
(quar.)
1
$1
—.....—
Corp.—
Gosnold
(quar.)
Investments, Ltd.—• ,l
2-
$3.50
prior preferred (quar.)
Gladding
12-28
General
12-31
1
prior
Gimbel
12-31
1-30
Pac.
H.)
Gillette
•1-11
550c
(quar.)
Fairbanks-Morse, 6% pfd.
12-31
2-
8
3c
....
Co.r common
Bank
General
1-11
2-
Ltd.
Industries, 7%
Light & Power
Co.
General Foods Corp.,
1-11
shares
iM.
General Mills,
12-31
537'4c
12-31
1-15
1-15
1-
(Syracuse,
(quar.)__.—
prior preferred
General
12-21
Columbus
(quar.)—
'
8
1-11
2-
Machinery—
convertible
(quar.)
2-15
5$1(4
...
1-
2-1
15c
...__*
12-19
5$3(4
...
(quar.)
(quar.)...
ioc
Tool, class A (quar.)___
Industrial
Extra
1-15
1-
1-15
1-15
1-15
1
3-15,
$3.00
—
—
544c
Chase National
1-11
90c
—
(initial)
Standard
Hoffman
5'4%
(initial)
Mines.
Class B
1
$1
common
Tung-Sol Lamp
United Drill
(quar,).
12-30
550c
2-15
1
2-
1-25
Gardner Electric
12-19
550c
Quarterly
Co.
Transamerica
Trustee
preferred
2-
'1-29
/'■./
1-30
1-26
1-25
5$1 (4
Central
1-11
50c
.
$3.60
2-1
share
Co
Gold
Mfg.
.015
held)
Co.,
Thew
of
2-15
10c
12-31
3- 1
2-
■
& Dyeing—
6%
Gar
1-30
515c
1-15
$1.00
6%'preferred, (s-a)
Insurance
Gardner-Denver
1-30
...
Converters,
&
Bank
National
7%
1-15
2-15
4-1
50c
—
Sons
preferred
Foundation
1-16
1
5$1%
common
iWm.)
$1.20
1
62(4c
Central Kansas Power Co., 434% pfd. (quar.)
Central New York Power, 5% pfd. (quar.)..
2-15
3714c
—_
(quar.)...
(stock dividend
2-22
2-
1-15
12-15
2-15
$1(4
.
6%
.•;;
2-23
2-
;
i-15
2-15
$25c
25c
$1(4
$134
$1(4
Co.."—_—....—
(quar.)....:
(Marshall)
6%
2
5
1-15
-
$1(4
$1(4
(quar.)_„_.
(quar.) '
Foster Wheeler
12-31
.2-15
(quar.)..
(quar.)
Central Foundry Co.
Central Hudson Gas
.
20c
1-
1-15
12-31
1-20
2-/1
2-;,l
$2
(s-a)
.Quarterly,
6
62(4c
Carolina Clinchfield & Ohio Ry.
Central Aguirre Associates
6
1-22
3-
1-
.•
...
$2'4
Froedtert Grain &
...
pfd.
;
756
$1(4
——
—
12-17
1
,vi
,,$$134.
(quar.).__
Line__.___._____„.l.-_
First National Bank
1-16
:
1
3-
$1(4
Ltd., common (irregular)..
(s-a).___
Canadian
12-19
12-28
J20c
(quar.)______.
preferred, representdividend of $1.75 due
Canadian
12-19
12-28
1-
1-15
1-15
$1
- ;
,
preferred
Bronze,
preferred
Central
(accum.)
A preferred
preferred
Starch,
Canadian
1
$134
$114
class A
Wire,
'
(quar-.)4
■
Cleaner
preferred
National
First
Co., 7%
M.)
Canadian
'
preferred
&
12-31
1
i$2
$138
commonI.+-_-_+-.4«.-.-i.l'
First National Bank
2-27
1-15
,525c
,':,; 53c
^
t40c,
7
2-10
2-1
$l'/4
,
(quar.)
Fireman's Fund
First
12-31
2-
20c
(quar.)
preferred
2-
'
:
1-
12-18
1
40c
Fishman
5$1(4
(s-a
Canadian
Suburban Eiectric Securities—
$4
Fence
(A.
1-15
3-15
1-15
■
$50c
(quar)_4i-^.^Lwl.____k
(Phila.)
6(4%
Canada, (quar.).'..
Firestone Tire & Rubber
Telephone—
2nd preferred
Canadian
Ltd.—
preferred
Columbia
(quar.)_
1
•
United Cleaning
4%%
12-31
Car & Foundry—
-/":-vk
participating preference (accum.)
Canadian Celanese, Ltd., foreign receipts...
12-23
$l34
(quar.).
Ry., 5% pfd. (s-a)
2(4%
(irregular)575c
7%
12-12
25c
preferred
Packers
Power, class A
1-11
2-
1-20
75c,,', 3-
,
(quar.)
Filene's
12-31
Columbia
12-29
1
2-15
•
9
1-15
5%
12-27
1-
30c /
1-15
i20c
1-15
2-
1-15
preferred
Field
1-11
3-
1-15
1-15
$4
1
iElxtrdi
1-21
Canadian
4
$114
(quar.).,—„
12-31
5
$1(4
(accum.)....
_______
Canadian
12-
$2
—
6'4
Co.,
Oil,
A.)
A
(Mass.)
_
3-18
1-9
prior pfd. (quar.).
Fidelity-Phenix Fire Insurance (s-a)
12-31
Registered
;
...
.
l
....
3-31
2-
1-25
(quar.)
Fibreboard Products, 6%
1-20
1-15
'M- 2
$1,146
Chemical, 5Va% pfd. (quar.)
preferred
7%
12-20
Extra
1-30
$l'/2
(quar.)
Fuller
&
Stratmore Paper
12-26
75c
(quar.)..
Springfield Gas Light
12-26
;(12-24
;
(quar.)..
(quar.)_____;
6%
12-23
1
1-15
Canadian
1
$214
preferred
; 7% preferred
Canadian Bank of Commerce
-
participating certificates..;
Southwest Service Co., com. partic. certif.—' 4
Spiegel, Inc., $414 conv. pfd. (quar.)
Springfield City Water, 7% pfd. A (quar.),
7 c'c
5
2-10
$1%
(quar.)
Common
6Co
•
.
1-15
f$2
"1-15
Columbia
Y.)
Fenton
5
JlOc
7%
12-31
1-
25c
2-
1
Canada
12-22
12-31
$i34
Sefton Fibre
Silex
2
1-15
N.
12-31
1
1-15
25c
Federal Electric, $1.50 class A (quar,)
Federal Services Finance Corp. (D. C.)
12-30*
3-
t25c
2-15
30c
Manufacturing'-"(quar)__
(quar.)
& Share, $5
Pipe
1-23
1
4334c
12-26
Farmers & Traders Life Insurance
;
1-15
J$l34
(quar.).
Callite Tungsten Corp. (irregular)
Northern Power common
1-15
1-
$2
5
12-31
3-20
Co.
1-
2nd
4
1-15
Falstaff Brewing Corp.,
1-15
2-
Edison
6%
1-15
1-15
$1
Canada
-
(quar.)—}$1%
Saratoga & Schenectady RR. (s-a)__
1_
Schaffer Stores, 7% preferred (accum.).,,J
1
:
v
2-
4
1-
30c
of
Vacuum
Common
5% preferred (quar.)—
5% preferred (quar.)..
2-15
2'
lr
I
S3'/2
1-
$2
A
preferred
Eureka
1-22
1
1
2-
....
5
3'
"
2-
2-15
2■2-
$1(4
(quar.)
(accum.
5%
„
1-15
1
;
12-26
(quar.)..
Ely & Walker Dry Goods, com. (extra)—..
'
7% 1st preferred (s-a)___J__—
'
12-31
$1
Bank
Bond
Electric
1-29
1
7c
•";.
(quar.)...'
ing the quarterly
Feb. 1, 1943, and interest thereon
$1.8156
Calgary Power Co., Ltd., 0% pfd. (quar.)___k/ 5$1(4
California Packing Corp., common (quar.)..
37(4c
8
2-
25c
1
2
2-
50c
Byers
8
1-15
13c
(quar.)—
12-
3-
50c
Corp.,
Bunte Brothers 5%
1-21
(quar.)
62V2C
8
1-15
;
$2(4
1-11
Tunhel
preferred
$6
/"
"
Roller
Brown
1-21
1
2-
5%
1-
25c
Steel
Electric
1-20
1-22
common.^.$1(4
Brompton Pulp & Paper, Ltd.
Porcupine Mines—
1-15
15c
15c
1-30
tlOc
Broulin
2- 3
Co. common (quar.)—
fl5c
(quar.).—;
—.l—; f$lV2
Inc.; $6.50 preferred (quar.)
$1%
preferred
Roos
■
1-20::
+62(4c
6%
1-21
1
1-30
1
British
12-22
;-2-
1-20
■
12-31
——
7%
1-30
•
1-11
—
6-19
6-19
15c
7% preference (s-a)
Paper, class A (quar.)__.
&
Broad Street Trust
12-31
20C
Rolland
St.
2
2- 1
12-31
2-19
(quar.).—
6
6
1-15
Products, Ltd. (quar.)..:—„
Eastern Township Telephone (quar>
'•;.E1 Paso Electric, 6% pfd. (quar.)
12-31
7-
(initial)
Canada
British Columbia Electric
1-20
-1-
1-15
7-
1-25
Ltd.—'/i,//;v'k
pfd."(quar.)v'(payable in U. S. funds).
Mines/Ltd..
Eastern
75c
1-11
65c
$i34
—__
conv.
2-
British
1-20
1
50c
•
12-15
$2.25
20c
12-31
Du Pont (E. I.) de Nemours—
$4'4 preferred (quar.)
Duquesne Light, 5% preferred (quar.)—...
12-30
1-15
12-31
37'4c
5%
preferred (quar.
Duplan Corp., 8% preferred
$1(4 '
Corp.—
preferred
of
Ribbon
British
:/ 1-15
Extra
Rockland
-6'/o
1
2-
2-1
—L_
■—
2-
50c
1-15
1-15
l-ll
.....
Giorgio Fruit Cprp., $3 pfd.
Dominion Tar &
5*
$1(4
River
>15
" 80c
'(s-a).4ki.^...i'."•'
common..
Dominion Textile Co,„ 7%
.
preferred (s~a).__
Corp.—
.
'
Securities
1-
&
1
2-15
(quar.)__.u..__-_.Lu...
/Dow Chemical Co.,
12-15
'
Gasket
Dominion.
5
Cordage, $1.39 pfd. (quar.t32(4c
Bridgeport Hydraulic Co. (quar.)...
C;
30c
1-20
—$1
Goods
Insurance
A-
1-15
1-
,2- 2
2-
1-15
2- 1
.
fv ; 30c
10c
^
(year-end)——
(quar.)—
Rice-Stix
Extra
>
1
90c
(quar.)-,-
(irregular)
Insurance
Class
2-
75c
—
....
5%
Extra
12-24
1-2
13c
1-15
Brantford
12-31
,
! '30c
50c
Bearing
4...
Bralorne Mines, Ltd. (quar.)
12-31
1-15
4c
<1
County Power & Light, 5(4 % pfd.
Co.
Dome
1-15
12-30 5:
(s-a)_._.__
Telephone of Canada
Boston
12-26
50c
(quar.)—.—
2-
12(4c
preferred
5%
1-15
Mills
partic
Bower
12-5:6
;
Mfg. common
$1%
4
I
Distillers Corp.-Seagrams,
2-. 1
Blue
8
12-28
1
Hedges, $2 convertible pfd. (quar.)
50c
Biltmore Hats, Ltd. (quar.tl5c
1-13
25c
preferred
Bell
1-20
2c
Extra
■
1-
1
1-18
—50c
——
E.)
Propper McCallum Hosiery 5% pld. (accum.)
Quarterly Income Shares..
Raymond Concrete Pile (quar,)_
r
T.
$3
1-15
2-
-
1-15
Benson &
8
.
2-
(quar.SI'4
Bathurst Power
8
50c
Inc
Extra
<
1-
1-
series B (quar.)
,15c
pfd. accum.)—$1%
Corp. 7%
Pick
'•
1-15
1-15
(1-15
12-31
2-
,1-
(.• '*
Y.)—
Diamond. Match Co., 6% partic; pfd. is-a)__
Distillers Co,,'.Ltd., ordinary regis.;,.(interim)
5
1-
Co.~
common
Detroit
1-13
...
com.
Forster,
Edison
Di
12-31
1-15
(quar.)
Rayon
Barber-Ellis
1-14
1-30
,v
10c
15c
preferred
Phillips-Jones
6%
12-31
30c
1
2-1
4^44-44—
i.N.
Mfg
Detroit
8
1-15
non-cumulative
Bankers
1-11
2-
$2.25
4%
Fran.),
(quar.)
Co., 4% pfd. A
(monthly).
Baldwin Company, 6% preferred
1-15
1-15
2-15
$1,25
Abbey Co
1
2c
Davenport Water,. 5% pfd. (quar.$1(4
Derby Oil & Refining Corp., $4 pfd. (accum.)
$2
25c
$2.50 prior preference
1-20
(quar.)
Kans.),
Atlantic Refining
1-15
•;
1-4
3-1
preferred (quar.)
6%
37'4c
(s-a)___-_.____.____-___
Fence Co.,
preferred
Avondale
1-15
2-1
'•
2-15
_
A
Post
Atlantic
12-28
••
2-2
$1%
$1%
Cypress
12-15
J-H
30c
(quar.)...
(San
Co.
preferred
5%
12-28
common
series
$5
1-15
32(40
A
___
Supply
preferred
6%
1-15
2-1
(increased)——
Trust
preferred
Anchor
12-28
75c
(quar.)
$4.50
"
12-28
2-15
1
2- 2
■
Utility Banking Corp., cl. B (quar.)..
Crowell-Collier Publishing, 7% pfd. (s-a)...
Crown Drug Co., 7% preferred
(quar.)..-.
&
5
1
37'/ac
(quar.).
(quar.)
Package
Cumberland
4
$1',2
....
Co.
preferred (quar.)
Amoskeag Co., common
4 3-22
50c
___
(Abilene,
Tel.
Atchison Topeka & Santa Fe,
$1(4
(quar.)
Co
Furnace
convertible
American
&
1-15
12-28
(quaj.)
Refining,
preferred
8%
1-21*
2-15
convertible preferred (quar.tl'/a
Sugar Refining, com. (year-end). : / $1(4;;
1-11
12-28
3-
1-
1-
12-31
$1(4
Corp. ,7%. pfd.
Insurance
Products
Crum
9
'$1%
i...
(Bi-monthly)
Telephone
preferred (quar.)
5
$1(4
(quar.)__,4__
4(4%
Co.
1-15
30c ;
,
2-1
$1(4
(quar.)
Detroit
2-1
\
'
''
Rolling Mill Co.—- 4
American Tel.
12-31
1-
1-15
$l'/4
15c
Anglo-Huronian, Ltd. (interim)....
Anglo-Iranian Oil, ordinary (interim)______
2
1-29
1-15
2-1
37(4c
Credit
1-16
1
SI1/*/
1-15
____—.
common——
2-
2-15
'
preferred (quar.)
News
1-15
3-31
'/>■ 20c '-l 1-30
—A
$1 */♦"$.' 1-30
•
1-
75c
2-1
50c:%l*
,
1-
1
2-
$5is-a)
•
2-15
$3
Extra,
Creamery
(N. J.)r—
(quar.)_.___
American
1-16
> 1-15
■'•'
12-31
1-15
1-15
(quar.)..
American
1-20
$1
Continental
12-31
1-20
$1.06'4
(quar.)..
American
1-16
2-1
preferred
•
12-31
12-3L
$3
Cigar
' '
1-15
10c
,
(s+a).
com.
Consolidated Oil Corporation (quar.).,
2
1-15
12'/2C
(quar.).
Fidelity & Casualty (quat.)
1.. .;
Fork & Hoe 6% preferred (quar.) ~
Furniture, 7%, preferred (quar.)..
•
12-31
1
25c
preferred
Light & Traction,, com. (quar.)...
6% preferred (quar.)
American Maize Products, common_L_.-____J
1-15
1-
15c
.
American
12-22
2-1
(quar.)_
RR.,
of Rec J
".1*15 ;
pfd. .(accum.75c
River
Consolidated Laundries Corp.—
$7.50 preferred (quar.)Uu.v.---4a:i,t--i-^.''
12-31
25c
'
•
preferred
Co.
preferred
American
12-31
2-
7%
common
Consolidated Edison Co.
12-31
1-15
American
$1%
,•
Can
American
/.,•
1
Gas,
Ltd.
Passumpsic
1,^ 6(4 % .• 'preferred
of Ree.
1-15
5c
common
(quar.)
convertible
American
1-15
Si(4
Corp.
Service
5%
12-31
12-31
2-
Corp.,
& Gas
American Export Lines, 5%
12-31
*$1(4
$1.18(4
$1
Corp.
Prentice, iG.
5
1-15
.
25c
■-
American
12-11
25c
Public
Davis
1-
*
Hoiaers
Payable
SI
3c-;
(quar.)u,_i
American District Telegraph
12-31 '/
—
Packer
bOc
1-16 i
1-18
Share
>
(quar.)..
preferred
When
PC
:■
r
Co.
Stores
•!:f;$4:25
12-31
(quar.)
Pacific
60c
1-11
1-15
—■•% 50c hs.
.
_____
Lighting
Payne
1-20
•
:
Company
4%
Sugar, 5%
American Airlines, Inc—
1-15
2-1
37 (4 c
Insurance
preferred
iquar.) ____
Pacific
Parke
•
10c
preferred
Corn
....
Amalgamated
12-31
common,————
participating
Panama
1
(s-a)„___..-___-_„.
'*5c
H.)
G.)
,Consolidated
5
a
Extra
All-Penn Oil
' 12-31
.
Fund,
Reduction
Allied
$1(4
(quar.)——__
preferred
Air
12-23
1
'
Name of
1-15 '
(quar.)-—-',' '
Co.
Marine
Discount
Co.
2-
1-;
previous
The list does not include divi¬
^
Affiliated
1-15
' ' :v
1-15
1-15 •
,
.
'2(sC
...\
(quar.)— 1,
(quar.)
Shoe
preferred
Extra
2-,l
12-18
•
give the dividends announced in
we
Abbott Laboratories
1-15•
(quar.)_
series
Northwestern Fire
Okonite
9
;
,,
—
B
preferred iquar.)
Northern Trust Co.
(Phila.)
(quar.)
Northwest Engineering Co.-i—
&
12-22
&
Holders'
Payable
1
Connecticut River power, 6% pfd.
iquar.)..
Consolidated Chemical Industries, Inc.—
$1.50 partic. pfd.
class A (quar.)
Class B (quar.)—'
12-18
SI Mi
(C.
6%
1-15
12-22
preferred
(N.
Conn
7%
"" 5c
convertible
Loan
1-
1
25c
....
Concord
Conn.
1-11
1-11
2-
$20c
(quar.)
preceding table.
1c
13(40'
'
A
:
Light (quar.)
(irregular)——
Co.
(J. J.)
Philadelphia Trust
Northern
Illinois
Corp.
Nunn-Bush
50C
6
week, these being given in the
1
(quar.)—
iquar.)_
preferred
North
Nu-Enamel
2-15
$l'/4
partic,
When
share
;
Participating
12-28
1-
Name of Company
'
1
(quar.) II_ ■'
preferred
Edison
series
preferred
SI.50
1
1-2
$ 1 Vb
common
7
2-
,series-_____>_
fnodified—.1-—
Merchandise
preferred
6(4%
9
3-
t20c
Ltd.,
Below
1-20
12-
.
4(4%
Gas
Newberry Realty
5 %
1-
_V_——15'/fee .' 12-30;
Cotton .(extra)
$1
1- 8
Inc.
Bedford
1
weeks and not yet paid.
dends announced this
1-15
■
2-15
//> 9c
stock
Shares
Steam
Neilson
12-28
2-
■1st
$5
12-21
2-15
'
,
series
Trust
Neisner
2
(quar.).....
1-
10c
Extra
10c
(s-a)_
,
Co. '5(4%,. pfd.
Remodified
Naumkeag
1-
50c
Lovett
Zeller's,
1-11 f;. 12-31
1-11' 12-31'
.
—1;
common
International
National: Tea
$ 1 Va
Co
preferred
1-15
-2-. 1 %'$
50c
.; A;.;
-: ,V'/;/
-A
•„
___A '/ /12c
series,-,: ' 12c
series-—
jjJ-----14c
Series
.;* Income'
6%
1-30
';:K"i"IOC
Co. of
Extra,"
Low-priced
&
12-22
2--2{j.
1'Ac
_";4(4%>i
_______
National Liberty Insur.
6%
2-
,
10c,
I
Works.___„^__T_rw_-l-i.^^
•
5%
5
3
1-
50c
■_—
National
Ohio
1-15
1-11
1-30.
2- 1
2-1
1- 2
1244c
National
6%
1-
12-31
$1%
iquar.).
A__
reduced)
City Bank of New York" (s-a)I
Bond
$1%
Oil
Chlorine, $4 Vz preferred (quar.
Grocery, class B
..a..
Public Service, 5% pfd. (quar,
Wqolson Spice Co., common (quar.)
Winn
Corp.—
series
Chemical
s
:
$1(4
(annual)—;••>/:
Co.
.
(quar.).
25c
pi'd. (quar.)__.A_._
25c
4(4,% pfd.
iquar.)__
56'Ac
Securities
certificates
Stock
V40c
Wisconsin
5
1-
$1
Westvaco
6
1-
1
,
(year-end),.
Mfg,
(A. B.),
preferred
6%
1-15
> 1 ••
1-20,, /12-31
1-15
2-1
1-15
; 2- 1
1- 6
2- 1,
1- 6
2- 1
1- 6
2- 1
1-11
1-21
12-21
12-31
5%' 1st
Electric
Mfg.
Nation
Co.
Insurance
&
Paper.
Narragansett
iaccum.)_
(quar.).^!-^——„_
(John)
Munising
;
(irregular).,,--.,'
common
prior
50c
$1(4
15c
25c
$134
$1
$1
(quar.)
common
iquar.)
non-cumul.
7%
1-
(quar.
'
Community Frosted Food—
'
Shoe
Monroe
Weisley
9
50c
common
Engineering Co. (irregular)
7% preferred (quar.)__r
Wellman
12-21
2-1
,
Michigan; Bakeries r
Miller
,
Inc.
preferred
$1
Shoals
1-20
2-10
1- 2
Common_u_^„l__-u2^ .v
50c
6% preferred (quar.)
:
$lJ/a
Maytag Co., $6 1st preferred (quar.)$1(4
$3 preferred
iaccum.)__.
m ,25c r
Mills
Paper
Ware
1-20
1-
Co.,
preferred
Washington
Extra
Marathon
Camp Milk
$4
,1-14
3-13
2- 1
2-1
2-1
1-13
12-29
1-15
37'4c
(irregular)
Light (irregular)
Typograph
Manhattan
Van
1- 7
(.Rochester,
iquar.)
Company
Electric
Ludlow
.
(quar,)^
common
convertible preferred
Lockwood
iquar.)_r
common,
Name of Company
Per
f
,
Name of Company
Insurance
Insurance
Securities,
Co.
International
Ltd,—
of North America
Bronze
(reduced)
Powders—
(s-a)—..—
,
Per
International
five
(quar.)__
50c
pfd.
(quar.),,
$1>A
$1.75
(quar.)
International Paints, Ltd., 5% pfd.
International Utilities Corp.—
(accum.)
7%
2- 1
1-15
12-18
$1%
2- 1
$75c
1-15
.—,
Ltd.—
(accumulated)
1—
G'/2% pfd. series B (accumulated)
7% pfd. series A (accumulated)
——
Jewel Tea Co., 4'A%
preferred (quar.)
Joplin Water Works, 6% pfd. (quar.)
75c
81(40
87V2c
$1.06'A'
$14/2
50c
Kokenge Co.
&
—
,
1-20
1-20
1-20
2- 1
1-15
1-15
10c
1-28
Stores,———,,4
Kellogg Switchboard & SupplyKaufmann Department
(irregular)
preferred (quar.).
Common
5%
Kennedy's Inc.,
,
,
(irregular
—
preferred (quar.)
—
Utilities, 6% preferred (quar.)—
S1.25
Kentucky
Emil)
(D.
Klein
Knapp-Monarch Co.,
pfd.
5%
Co.,
&
(quar.)
Ltd.
Dufault Mines,
Bryant,
Lane
B
preferred
Lee
Rubber &
Lerner
Tire
Corp.—.-
——
(quar.),
common
stores,
1-15
1-15
1-25
2-1
preferred (quar.)—:———
!
Lc-xington Telephone Co., 5,2% pfd. (quar.)_
Liberty Loan Corp., $3.50 pieferred (quar.),
87%c
Lincoln Tel. & Tel. (Del,) class A (quar.)50c
Class B
25c
4(4%
1-10
Link Belt
6(4%
$1(4
(quar.)
(quar.)——.;—50c
Co., common
preferred
(quar.)
$1%
$1.12(4
—:
Liquid Carbonic, 4(4% preferred A (quar.),
Little Schuylkill Navigation River & Canal—
—
75c
10c
1-15
1-15
12-11
12-30
—
25c
1-27
12-15
Semi-annually
Corp. (initial).
Louisville Gas & Electric (Del.)—
Loft
Candy
B
Class
(quar.)
Louisville
,■
& Electric
Gas
(Ky.)~
Co.
(increased)
preferred (quar.)
5% preferred ($25 par)
+.;
5%
<R.
(quar.)
—
class A preferred
C.)
(N. Y.)
Co.
Trust
Manufacturers
,
12-31
1-15
1-15
1-15
1-15
12-30
50c
37 (4c
$20c
.$17V'2c
Field & Co.—
Marshall
See
(quar.)
preferred series B
(Marshall)
Field
12-31
12-31
12-31*
12-31*
12-19
—
preferred (quar.),_,——.
Marchant Calculating Machine (quar.),.
Maritime Tel. & Tel., Ltd., common (quar.),
7%
12-31
1-15
60c
(quar.)—.*
convertible
$2
■
50c
(quar.)__—
MacAndrews & Forbes, common (year-end),
6% preferred (quar.)
-a,
—
Macwhyte Co.
,
$1(4
25c
——,,•■■
,
1-25
1-15
1-15
1-15
1-15
1-15
50c
31(40
$1.25
Common
Mahon
12-31
2-5
3-15
1-15
12-31
12-19
12-19
28c
1-20
12-31
62(4c
$3
35c
$$1(4
McCrory Stores Corp., 5%
pfd. (quar.)
$1(4
McLellan Stores Co., 6% pfd. (quar.)$1(4
Melchers Distilleries, Ltd., 6% participating
preferred (quar.) •
$30c
Mercantile Stores, 7% preferred (quar.)
$1%
1-15
2-1
12-31
5%
partic preferred
(quar.),,,
Valley RR. (s-a)
—
—:
McCall
Corp. (quar.)
A—
McColl-Frontenac Oil, 6% preferred (quar.),
Massawippi
Merchants
(Boston)
Bank
Nat'l
Nat'l
Bank
of
Chicago
class A
Petroleum,
Middle States
.
$1 (4
$1(4
$2c
$1%
7% pfd. (quar.)
class A_,_
.——
5c
Montana Power Co., $6 pfd. (quar.)—$1(4
Montgomery Ward & Co., common
50c i;
Montreal Light, Heat & Power (quar.)
$38c
Montreal Telegraph
(quar.)
;
$48c
Moore Drop Forging—
%■
(quar.)—,—$1(4
Morris (Philip) & Co., common (quar.)
75c
4(4%
preferred (quar.),
—$1.06(4
4% % preferred (quar.),————
$1(8
non-cumulative
A
& Port Carbon RR
Mount Carbon
Mount Diablo Oil Min.
States
Mountain
5%
& Developmt. (quar.)
Power,
(quar.)—
common
!
(quar.)
preferred
(s-a)
& Tel.
(quar.)—-A
Mutual Investment Fund, Inc.,,,;
Mutual System, Inc., common (quar.),,—
8% preferred (quar.)
Mountain States Tel.
National
of Detroit
Bank
Biscuit
National
Co,
(s-a),,.
Co.
National
Blvd.
Bank
National
Bond
of Chicago
(quar.)—
& Share Corp.
(quar.)
National Cash Register Co.
National
$3
City
Class
Lines
A
(quar.)
preferred (quar.),
Distillers Products (quar.)
conv.
National
Electric Welding
National
Machine
Quarterly
—
—
(quar.),
;
Quarterly
Quarterly
National
Fuel
National
Grocers,
National
Gas Co.
Lead Co.,
National Money
$1.50
(quar.)
Ltd.,
pref. (quar.),
preferred B (quar.)
$1.50
6%
(quar.),,,,
preference
Participating
Savings &
Trust
preferred
(quar.)
New
Brunswick
New England
New York
Tel. & Tel.
Central RR.
Co.,
Co.
{resumed),,—,.
Newport News Shipbuilding & Dry Dock—
$5 convertible preferred (quar.)
adj. preferred
preferred
1-30
12-31
Northern Central
Ry
(s-a)
6%
.
6%
Accident
Preferred
$6 pfd.
■.
Premier
Gold
Steel
Car,,
Preston
East Dome
,
Service
Public
preferred (quar.)_
8%
62(4c
$1%
10c
3c
50c
$1
15c
25c
50c
75c
50c
2c
2c
2c
2c
25c
$37(4c
$1(4
30c
5c
$1(4
W.)
Co.
,
Royal
Co.,
7%
San
Diego Gas & Electric,
5%
-
1-11
12-31
12-31
preferred
1-20
12-28
pfd.
(quar.),
common
:
Scytes & Co., Ltd. common
Skenandoa
Smith
common,,
(interim)—
—
(quar.),—,—
Corp.,
common
Paper Mills, 6% pfd. (quar.)
12-31
South
1-15
1-15
2- 1
12-31
6%
convertible
preferred
(quar.)
12-31
6%
convertible
preferred
(quar.)—
1-15
6%
2nd
1-15
12-11*
4-1
1-15
1-15
2-1
2- 1
2- 1
2- 1
5-1
8- 2
10-30
1-15
1-16
2-1
3-24
12-31
12-30
,
1-16
1-16
1-15*
1-22
4-21
7-23
10-20
12-31
12-15
1-15
1-15
1-15
2- 1
5%
preferred
1-
2
1-
2
1-23
$1
$13c
2- 1
1-15
1-15
12-31
.$1
1-15
12-10
$1(4
2- 1
1-15
12-31
Edison
Co.,
(quar.)
California Gas,
Preferred
A
—
__,
6%
pfd.
(quar,).—
common
(quar.)—
(quar.)
Southern Danada
Power,
6%
participating preferred (quar.)—,
Southern Franklin Process, 7%
pfd. (quar.)
Southern
New England
Southern
Railway Co., 5%
5%
5%
Telephone Co
non-cumulative,
Southwestern Life Ins.
61/2%
Public
preferred
Spicer Mfg. Corp.,
$3
preferred
non-cum.
preferred,;
preferred,
non-cumulative,
pfd.—
——
(Dallas, Tex.)
(quar.)
Standard
Standard
1-30
2- 1
1-23
$13A
1-15
1-
$2
1-15
Standard
common
Co.
12-31
Stanley
Steel
;
1-15
1
1-26
:
12-31
12-31
12-31
4-20
12-30 V
1-2-43
7%/
1-15
1-15
1-11
5%
5%
preferred
Canada,
preferred
C.)
iR.
&
Wilson
Wisconsin
Wisconsin Gas
12-29
>
pfd.
5
5
5
5
2
Ltd.,
(quar.)
(quar.)
tquar,),,
&
1-15
1-25
1-25
2-15
5-15
5-15
2-13
5-14
8-15
1-18
1-18
12-18*
12-20
12-31
1-15
1-20
1-
1st
9
1-
2
12-31.
1-15
Power—
pfd.
(quar,)—:
$114
■
1-15
2-1
(quar.),—%Vk
414%
& Elec.,
(Alexander & James), Ltd.—
7%
1-20
4
1-15
2- 1
Co.„-_30c.
(accumulated)—
$114
.9
5.
1-
12-31
-
.4',;4;4--.:4:4':
%
1-15
(accumulatedt
preferred
1-
5
1-
5
2-20
4-20.
12-18
1- 2
(quar.),-,,
preferred
—
1-15
20c
2- 1
1-15
$3714c
2- 1
1-15
4—,,,—,';4-'
Extra
4 6%
12-31
1-
1-
books
•Transfer
2
5
;.4
/;;'444,;.;
dividend.
not closed for this
:.''4- 4;4-"
$Payable in Canadian funds, tax deductible at the source.
Non¬
resident tax, 15%; resident tax, 2% .
a Less British income tax.
4
1-20*
ton
account of
accumulated dividends, .:
1-10
.
1-15
1-15
.
;
1-15
3-1
3-1
3- 1
-3-1
3- 1
1-20*
,
1-10 4
1-10
1-25
12-31
: Transacted
/
1-15
Shares.
5
100
1-
2
500
12-31
100
50
12-31
1-
80
2
2-15
12
4
"
100
2-15
-265
2-15
4
2-15
;..
50
;
2-15
20
~
12-31
1-20
li 5
1- 5
$11/4
10c
$iya.
40c.
2- 1
2- 1
3-15
3- 1
1-15
12-30
3- 1
2-19
75c
$1'A
$10c
$10c
1-23
1-15
1-10
1-10
1-16
12-31
12-31
12-31
60c
3-15
3- 5
20
12-31
2- 1
1-15
1-15
2-$5
2- 1
2- 1
Lofland,
Philadelphia
4 %
vV444'$
4
($10 par)
—
Surf Inlet Gold Mines, Limited^—-,.
Selected Industries, Inc., .common,,,,,,
The Equity Corporation, preferred,,,,,,
2'A
Hot
■
Inc
—
The Baltimore Transit Company—
'
-
•.
Corporation,
Home Fire Security Corp. (par $10)—,,.
Assoc.
Gas & Elec. Co., "A"—,:
General Implement Co., common...—.
Haverford Land & Improvement Co.,__.
Merion Cricket Club Golf Assoc.,—
Founders
United
3
'
'
5 lot
Hot
1 lOt
,
2 lot
—_
20 lot
;
.,
8'A
Bankers
Securities
Corp.,
common,,—
Corp.,
common..:...
—
Bankers
Securities
Corp.,
common...—
—.
3
Bankers Securities Corp.,
84
12-19
10
12-26
•12
25
2-15
■
20
5-15
1,000
8-14
104
i-rs
50
v
common,,—
—_
8 V*
8'A
2%
common
2%'
2%
;
40 lot
—
5 lot
——.
420 lot
2 lot
Belmont. Development Co—
"A"_,———.
United Ship Yards, Inc., "B"-„,——-
Tonopah
Assoc.
■
10 lot
Gas & Elec,
'
Percent
Hills Golf Club Membership.—.
Arden'Club (Del.) ctf. indebtedness,—
Mills Hunting .& Fishing Club
University Club of Philadelphia, Ctf, int
$250
$14 lot
„•
North
$550
3 lot
'—•
BONDS
The
$1,500
$8,216
8'A
—,
——
(no pari —
John B. Stetson Co., common (no pari —
John B. Stetson Co., common (no par).
Phila, Hardware & Malleable Iron:
Associated Gas & Elec. Co. "A"—
Units Sheridan Brompton Apts. liq. tr..
B. Stetson Co.,
John
lqt>
———1 lot
Eankers Securities
14
1 lot
Central Airport,
6
1-20
shate
per
——Hot
3
12-31
on
Bank & Trust. Co.
3
1
12-20
1-29
1-7
1-7
&
STOCKS
*
9th
$17 lot
10
Egypt
$15 lot
*
Transacted by R. L. Day &
Co., Boston on Wednesday,
Dec. 30:
25
25
109
3
6 lot
Springfield Trust Company ($100 par)
—.
The Granite Railway Co. ($100 par)
The
New Columbia
Co.
($10 .par);
2 Beaconsfield
West
111 6-10
465
$ per share
STOCKS
Shares
Laundries
$75c
$75c
Barnes
by
Wednesday, Dec. 30:
1-
1-15
1-15
2-15
1-15
1-11
1-15
3-15
6-15
9^15
1-15
31 'Ac
(quar.)
common
1-
4-10
,
12-31
37V4c
37'4c
$20c
$$iy2
$1%
$iy2
$1J4
$iy4
$1'4
35c
(quar.)
3-10
$1%
2- 1
:. 4
4 v ;4: -4
$14
1-15
6% preferred B (accumulated) —$12
:
1-15
Wrigley (Wm.) Co.T common (bi-monthly),,,
»
50c
3-1
Common (bi-monthly)
,a— j'»
50c
5- 1
Wurlitzer (Rudolph) Co., -common
10c
3- 1
teller's, Ltd., common (quar.)—
$20c
2-1
-
1-20
(quar.)
1-16
4-17
7-17
Worlhington Pump & Machinery Corp.—
7% preferred A faccumulated)
2-20
1-
$114
pfd.- $1897 series)
6%
Wood
9
1-
(quar.),,
preferred
7%
Electric
4
3
1-
—_a,_„„
pfd.
2-20
12-21
2-10
2-10
3- 1
6-1
6- 1
2-27
5-29
$6 preferred
Co.',
1-11
1-
37'/2e
$114
Sl'/a
$114
(quar.)
2
1-12
1-15
2- 1
50c
2
1-
Steel Co. of Cal.—35c
1-15
(s-a) —
—
$$114 V: 2-1
5% pfd. (quar.),,.
White Sewing Machines—.- v .%4;44 4^',%44.4:;,4'-'••
4.
$2 prior preferred (quar.)
:
50c
2- 1'
$4 convertible preferred -(accumulated)
/
50c 4 2-1
Wichita Union Stock Yards, 6% pfd. (s-aI,,
$3
1-15
Wichita Water, 7% preferred (quar.)
$1%
1-15
2-
1-
7-
(George), Ltd.,
Williams
12-30
1-
$13A
2
4-
preferred
Weston
12-24
1-15
A
(s-a),,,,^/
Juice,
Grape
7%
1-14
1-12
2- 1
1-20
3- 1
1-20
1-15
1-15
1-15
1-15
1-15
1-15
1-15
1-14
1-15
1-. 2
Western Pipe &
10-20
12-20
Phosphate & Acid Works—
4
Wholesale
of
$2 cum.
preferred {quar.)
5%
Welch
12-18
5-25
$214
$13A
7%
preferred
51%
y/'' 7 % preferred (quar.) ,A,'y• .$1 % 4 44> 8-31'
West Penn Electric, 6% preferred (quar.),,, - '
$114 • 2-15
A .7%.
preferred (quar.)
.
$1%
2-15
West Penn Power Co., 414% pfd.
(quar.),,
$114"
1-15
Western Grocers, Ltd., common
(quar.),—
J75c
1-15
*11-25
2-15
(reduced)
Radio, Ltd., class A
Works
Co.
& Bond,
Sl'A
SLA
$5
12-15
2- 1
2-1
1-15
2- 1
2- 1
2-19
2-25.
'
3-1
1-15
2- 1
5- 1
8- 2
3-20
1-20
4-20
— '
(accum.),,,,
preferred (quar.)
$4.50 preferred
(quar.)-,:
Washington Ry. & Elec., 5%
1-15
1-15
*
(Ohio)
(Increased)
2
preferred (quar.)—
Washington Gas Light Co.,' common
Service—■
—
Oil
7%
12-23
2-
12-23:
2-1
common,,,,,,,,,—,
12-24*
37'4c
(quar.)—
■
(quar.)
Waitt
37!/2c
34%c
Squibb (E. R.) & Sons—
$5 preferred series A (quar.)
Standard Brands, Inc., com.
(resumed)
$4.50 preferred (quar.)
Standard Dredging, $1.60 con. pfd.
(quar.)
Standard Fire Insurance (Trenton, N. J.)—
Quarterly
2-19
12-15
Co.,
Detinning
preferred
7%
-
2-1
2-1
$iya
37V4C
30c
30c
30c
$iy2
(quar.)—.
$1
»$1%
(quar.)—
common
Osage
12-30'
$1%
75c
75c
original preferred (quar.)———:
preferred C (quar.)
Southern
Tobacco,
Vulcan
4
9
1-
12-23
Corp,—
12-19
1-15
2-15
1-15*
3-10
1-20,
1-15
1-15,
-
Ltd.-*—
5V2 %
Southwestern
1-15
—,
(quar.)
California
Common
Sugar
1-15*
pfd. A (quar.),,,
40c
participating conv.- pfd. A tquar.)40c
Valley
1-15
25c
(s-a)
Pittsburgh Water, 4y2% pfd. (quar.)
Southeastern Greyhound Lines, com. (quar.)
6% non-cumulative preferred (quar.),;
Southern
States
12-31
2- 1
4- 1
$1
87'/aC
preferred (quar.),
12-31
6.4%, participating conv.
12-31
Canada,
•
—
Mining, common,
1-14
2- 1
1-15
of
1
12-19
1-25
1-15
1-15
Rayon
(Howard)
Corp.
resumed
..
Oil (irregular
—50c
Virginian Railway, 6% preferred (quar.).,,
37'/aC
6%
preferred tquar.)37'Ac
6%- preferred tquar.)
37'Ac
2-15
$15c
$30c
$4c
25c
$$iy2
Co.
Solar Aircraft Co., 50c conv. pfd. A
12-31
4-10
12-31
Mines
,25c
25c
■•''■..4-;25'c
•
25c
30c
..
•"
.
12-31
1-15
—
12-31
12-31
9
$ 1c
(Quebec)
1-15
'1-15
2-1
3-10
6-10
$5 preferred
tquar.■
$1V*
1-15
'■>. -$5 ■ preferred ' (quarj%^4^44w44;^44*—$1 V+y/it 4-15
-$5 preferred
tquar.),$114
7-15
United Stockyards 70c conv. pfd.
tquar.),17'/2c
1-15
1-9
1-15
2-25
lr-15
Williams
Premier
1
12-21:
1-10-43
.•
(quar.)
class A
Co.,
Plywood
United
$50c
,4.
Silbak
S.
7%
3
(s-a),—$87J4c
(quar.)
4 $'23c
Mines (quar.)
4' $4c
Extra
Sherwin
Leather
1-15
(Baltimore) —
'
Alcohol
Industrial
S.
4-
$2ya
Canal (quar.)
&
& Guaranty Co.
'
Extra
S.
58y3C
—25c
J.- RR.
N.
12-31
Shawinigan Water & Power
Sigma Mines
1
3-15
3-15
.'.
'
2- 1
1-15
1-15
—4$50c
preference
2-15.
1-15
$1
$1(4
.
(s-a)
Extra
7%
1-15
1
U. S. Smelting Refining &
Co.—
Paper
preferred tquar.)
__4_—— '
preferred (quar.),—,————,——
$4
1-
1-20
1-15
1-15
(accum.).
$4(4
1-15
2-15
(accum.)
—
Scott
1-15
2
.
—
(quar.)
Sheep Creek Gold
;;...'
2- 1
1-15
2-1
2-1
1-14
3-3
1-20
——
—
Schuylkill Valley Navigation & RR. gtd, (s-a)
Schwitzer-Cummins Co.
(irregular)—,
12-11
1-30
.1-15
common
Mills, 6%
1
3-
3- 1
$1(4
25c
37(4c
l2y2c
$1
$134
$1
$25c
$75c
22V4C
25c
$1J4
25c
(quar.)—
A
2-
2-15
8c
Paper Co. (quar.),
Corp. 4% ev. pfd.
•
58VaC
58yaC,
Valley Mould & Iron, $5.50 prior pref. (quar.)
50c
(quar.),
(quar.)—,—,
(quar.),,'—.
preferred
3-15
53C
Universal Leaf
$1.31(4
———
Typewriter
1
U.
,
common
preferred
convertible
4-
U.
,
1st pfd.
2-15.
,4-
5%' preferred
(s-a)—
Co.,
1
.
t$l(4
$1 (4
(quar.),—,———
Co.,
,,—,44,——,
&
3-
12-31
50c
50c
Dry Goods
Button
2-1
12-22
preferred A (quar.),
44—
>'i\.rf15c
6% preferred B (quar.),
15c
Reserve Investing, $7 preferred (accum.)—,.
$5
Revere Copper & Brass, 7% pfd. (quar.)
■
$1%
(H.
53c
53c.
1-11
—
Rickel
2-15
1-15
3- 1
.
.
Stix
1-15.
1
4-1
'V Extra
,
5(4%. preferred
1
3-
-
—
Rice
2-
1-11
.1-15
1-20
1-15
1-15
12-24.
50c
12-31
1-
9
12-31:
1-15
1-15
50c
U.
3-15
•
1*30;
1-
2-10
50c
Quarterly
12-21
1-
1-30
•.l"$2*15'.
& Railways Co.
U. S.-Fidelity
1-11
,
2.
12-31.
preferred
preferred
United
3-
1-
1-21
2- 1
1-15
.
8
prior
5
1-15
,,
1-
.
.4.2*15;
.,
1
12-17
prior -preferred
5
4-1
5
12-
G%
1-21
2-1
5.
1-
10c
75c
(Del.) —
(monthly)
(monthly) _u,—
6% prior
(monthly)
6.36% -preferred (monthly)
4 0.36 % preferred (monthly
6.36% preferred (monthly)
7% prior preferred (monthly)—
7% prior preferred (monthly)
7% prior preferred (monthly)
5
1-
1-15
•
$$13A
«1 Va
Co;
2i
1-25
2- 1
2- 1
..
Share,„,.,„—,^.„,4„
&
2-
1-15
...>
2-27
Quebec Power Co. (quar.)
25c
2-25
Radio Corp. of America, common (irregular)
20c
1-27
Railroad Employee's Corp., class A (irreg.) <
5c
1-20
Class B
(irregular)
5c
1-20
80c
preferred (quar.)
20c
1-20
Rath Packing Co., 5% preferred (s-a)-,—_
$2(4
5-1
5% preferred (s-a)——$2(4'.
11- 1
Reading Co., common (quar.)
_,,,4—,
25c
2-11
2nd preferred (quar.)
—,4— ■-,4,—,;,'.^
50c
1-14
Reed-Prentice Corp., $7 preferred (accum.),
$5
1-15
Regent Knitting Mills, Ltd.——
$25c 1-15-43
Lawrence Paper
2
12-31
of N. J.—
Corp.
St.
1-
4
9
2-1
1-15
(quar.)
20c
preferred
8
1-20
1-
pfd.
.
15c
$4.50 pfd. (quar.)
1-
.
,
1-15
1-15
2-1
2» 1
25c
.
•
12-31
1-
45c
$3c
Sl'A
$10c
<
1-11.
1-15
T-20
4
(quar.)
$75c
(extra)
Lawrence
$1(4
(quar.)
,
SlVa
$15c
$$iy2
.
(monthly)
6%
preferred
(monthly)——,—
—
Puget Sound Power & Light Co.—
5% prior', preference
Quaker Oats Co., 6% preferred (quar.)——
6%
Croix
12-31
12-31*
-
7%
Ltd.,
1M0.),
12-31
12-31'
6%
'
12-31
1-25
(quar.)—,——$5c
$2
Mines
Procter & Gamble Co.
St.
2
United Light
1-15
1-14
2-15
2-15
2-1
'.
;
$ 1 (4c
Li.——44f''-v.' ■: 25c
Mining
Pressed
St.
1-15
1
1-15
4- 1
$2
$1%
(accum.),
pfd. (quar.)—,
Insurance
8
1-
Fruit
6.4%
1st
1-
1-14
2-1
1-15
1-15
2-2
2- 1
1-15
United
65c
(s-a),
preferred (quar.):—
—,
of Canada, common (interim)—
preferred (quar.)
non-cum. partic. preferred
(quar.)
6%
1-
8
1
75c
(s-a)—
Power Corp,
6-20
1-
Bond
1-15
1-15
1-15
(New York)
•
(quar.),,. $1'A
California
(quar.)
25c
of
United
1-15
$2(4 V 1-20
Pittsburgh Nat'l Bank (Pa.) (quar.)—,—;
75c
1-15
Quarterly
4—75c
4-15
Plymouth Cordage Co. (quar.)—$1(4
1-20
Plymouth Cordage Employees' Stock (quar.) _
15c
1-20
Elec. Po.wer, 5(4%
Oil
.
(irreg.1
Pump
&
Co.
preferred
1-
r,
$1.50
$1
(quar.)
prior pfd.
pl'd.
(s-a)
Potomac
Electric
Union
Pittsburgh, Cific., Chicago & St. Louis RR—-
Portland Gas Light,
Tank
Tuckett Tobacco Co.,
....y>$5
>
0) Rec.
1-15
1-15
2-1
$1
12>/2c
$-1(4
25c
■
50c
•.
•
Trade Bank & Trust Co.
1-
1-15 l
.
Class B tquar.)
(quar.)
North Penn Gas, $7
6(4%
Mills,
Fashion
Full
Pittsburgh Bessemer & Lake Erie RR
Romec Pump Co.
1
Norma Hoffman Bearings Corp.—
7%
$1
$1%
—
.
2-
Norfolk & Western Ry. Co.—
4%
;
.
—
Riverside Cement Co., $6
$1(4
(quar.)
Telephone (quar.):.
(s-a)
,
common
Rochester
Co.—
(Washington, D. C.)
$1.25
$ 1V4
Consol. Mines,'Ltd. (interim),—
Telephone, $1.40 class A (quar.),
Ltd.,
1-25
Corp.—
National Power & Light, $6
National
$1(4
lc
'37,(4c
50c
30c
—
RR
River
Hudson
&
Co.
2
1-15
.50C
(quar.)——
2-15
2-15
Monroe Loan Society,
6%
&
1-20
1-15
1-29
Monongahela Valley Water,
Electric
.
(quar)
4'/a %
•
1-
2- 1
(quar.),,,.—,
12-31
25c
+3c
—
$1(4,1
25c
$1(4
__
$lc
35c
(quar.)__4—$75c
6%
preferred (quar.)—
$$1(4
Penn
Traffic Co.
(s-a)
12(4c
Pennsylvania Power, $5 preferred (quar.)4'^ ,.C, $1(4
Peoples Gas Light
Coke Co. (year-end)—
$1
Philadelphia Co.
(irregular)—
25c
Philadelphia Electric Co,, common (quar.)—
30c
4.4%" preferred (quar.),
—„
$1.10
Phillips pump & Tank, class A
2 (4c
Pilot
12-31
Union
(irregular),,,,
1-15
1-15
7- 8
1-23
Mississippi Power & Light, $6 pfd. (quar.),,
Moneta Porcupine Mines, Ltd. (quar.)
12-31
12-26
2-1
1-30
$3
& Supply
(s-a)
1-15
(s-a$3
(irregular)
45c
(quar.)-,,-
(irregular)——
Mill City Petroleum, Ltd, (interim):-,,—Mill Creek & Mine Hill Navigation & RR—
Midwest Piping
12-31
2-1
—
Merchants
1-15
1-16
(resumed)
common
6%
& Co.
Investors
Massachusetts
2- 1
(clears all arrears)—,
$2%
(interim),-$3c
■
share
(accum.).,,
Holders
' When
Payable
Per
•
preferred
8%
B.i,
Industries
Oil Co.,
Tokheim Oil
Republic Investors Fund—
,
Trust (irregular)
Utilities Associates'—
Massachusetts
C
Gas
Penmans,
12-31
1-10
3-1
4- 1
2- 1
,
preferred
5%
20c
1-15
$5 preferred (quar.)
Pacific Tel & Tel., 6% preferred (quar.)——
Paraffine Companies, Inc., 4% pfd. (quar.),
1-15
1-15
1- 4
1-15*
1- 5
1-20
12-31
1-21
12-31
2- 1
1-10
12-31
$1(4
Lighting,
Peninsular
•
(Minn,)—
(quar.),—$1(4
(Cal.) pfd. A (quar.)
20c !
(quar.),,,.
16 (4c
preferred
Paymaster
4
1-15
87V2C
75c
—
Corp.
Pacific
12-31.;
1-26
2-1
1-15
2-1
1-15
Finance
Paterson
1-
;
class A preferred (quar.)
(quar.),x__„^„,c.,_,„,,
Super Mold Corp. of Cal.. (quar.) ,4j.__„„4
Sylvania Electric Products—
4!4% convertible preferred (quar.)____
Sylvanite Gold Mines Ltd.
(quar.),,,,
Tacony-Palmyra Bridge, 5% pfd. (quar.),,,
Teck-Hughes Gold Mines, Ltd. (interim);
12-31
1-15
1-25
1-25
2- 1
2- 1
Pacific
12-31
45c
75c
40c
75c
50c
$1 Va
$1.30
(irregular)———
Co.
Leece-Neville
2- 1
2- 1
1-15
5%
Superheater
1-20
1-20
Rubber,
Mines
common
Preferred
;
12-31
12-31
12-31
Power
&
Sun
/
2nd preferred
6%
1- 4
1- 6
1- 8
1-14
12-31
75c
(quar.)
(quar.),—,,.•——
Lazarus (F. & R.) & Co. (irregular)
Lebanon Valley Gas, 6% pfd. (quar.),,,,,,
6%
1-15
1-25
•
Sun-Glow
12-31
Trust
Co..
Pacific
1-15
1- 9
6c
,
—
■
(quar.),.
(accum.)
Gold
Colony
Outlet
1-5
1- 5
1- 9
12-31
12-31
1-20
12-22
l; 1-11
2- 1
1-IG
12(4c
25c
t2c
$10c
$1%
50c
-
_
1- 5
2- 1
Sl%
.
(interim)
Langendorf United Bakeries, class A
Class
2- 1
Tire
pfd.
12-31
$1%
12(4c
1-25
$ 1 Va
1-25
$12-1
common,,-,,,^
(accumulated)
(accumulated)
States
Stetson, (John
1-14
1-14
1-14
1
Name of Company
'
$1(4',';,
Associates—
1st Series Trust shares (quar.)
.
Mines, Ltd, (interim)
7% preferred (quar.)—
Lamaque Gold
1-15
20c
$1(4
1—
6(4 pfd. (quar.)—
Kroger Grocery & Baking— '
7(4 2nd preferred
(quar,)—
Krueger (G.), Brewing (quar.) —i
La Plant-Choate Mfg., $1 conv. pfd. (quar,),
Kokomo Water Works,
Lake
1-15
62V2c
—
common-
1-30
1-30
1-20
10c
$1JA
40c
31 (4c
$1(4
UL—
___——
common
7%
O'Brien
12-31
12-31
12-31
1-18
1-2
1- 5
1- 8
' '
$1%
'
(Del.)—-
Power
preferred
Norwalk
8
12-31
Old
pfd. series C
Julian
1-
Power,
preferred
preferred
$5
; ;
■
States
Northern
1-21
25c
prefeired (quar.),,_
Iowa Electric Light & Power Co.—
'6%
7%
12-12
1-12
(quar.)
Ontario
Northern
2
87V2c
convertible
6%
0/ Rec.
,
''*
•
'
Holders
preferred
6%
i„—
(quar.)
preferred
Investment Foundation,
1-
'
(quar.),__„_
Northern Pacific Ry (resumed)
1-2
2- 1
Interstate
When
Payable
preferred (quar.)—
preferred (quar.)
Northern
12-31
2- 1
8%c
$ $ 1V2
($5)
prior preferred (quar.)
Department Stores, common
S3.50
7%
6%
preferred (quarf)
preferred
6%
of Canada—
International Nickel
7%
1-14
12-19
1-28
1-15
1-15
—-
,
,,
,
Public Service—
preferred
5(4%
each
fop
com,
Co.,
Harvester
International Milling Co., 5%
7%
Name 0/ Company
o) Rec.
Northern Indiana
snares
held-——:
shares
100
International
Per
share
Holders
Payable
Machine-
Business
dividend,
Stock
When
share
Name of Company
a
■-
Monday, January 11, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
162
Pure
485
Co.
Park
Cheese
J
,
Ave.,
Inc.
($100
par)—
Corp.
(Continued on page 176)
—
—
•
1 lot
25 lot
llot
Volume
Number 4141
157
THE COMMERCIAL & FINANCIAL CHRONICLE
-
163
Week Ended Jan.
1943
THE COURSE OF BANK CLEARINGS
with a year ago. Prelim¬
telegraphic advices from the chief cities of
the country,, indicate that for the week ended Saturday, Jan. 9, clearings from all
Cities of the United States from which it is possible to obtain weekly clearings will
West
Inc.or
Dec.
1940
1941
'>
South
930,041
3.8
+
5,425,000
+ 21.1
4,347,000
2,911,000
57,550,124
+ 29.8
51,412,345
43,305,972
Carolina—Charleston
2,758,943
2,194,225
_________
161,431,082
121,254,855
District of Columbia—Washington™
29,082,806
38,132,597
275,524,676
225,486,842
+22.2
6,308.379
Maryland—Baltimore
$8,711,986,035 against $6,777,894,097 for the same week in 1942.
At this
gain for the week ended Friday of 35.4%.
Our comparative sum¬
Total
500,762
833,885
6,568,000
74,718,080
Richmond™
Our preliminary total
above those for the corresponding week last year.
stands at
965,765
Virginla—Huntington
Virginia—Norfolk™..
inary figures compiled by us, based upon
be 28.5%
$
Fifth Federal Reserve District—Richmond
this week show an increase compared
Bank clearings
1942
$
Y
(6 cities)
+ 25,7
1,443,151
1,501,444
+ 33.1
92,669,468
84,987,500
—23.7
29,763,078
25,254,651
180,468,927
158,401,329
,
center there is a
' Y-.
'' ; Y ;■ ' Y_
for the week follows: ;'. Y
mary
Sixth Federal Reserve District—Atlanta-
V Y,■ :"
Tennessee— Knoxville
Clearings—Returns by Telegraph
Chicago
Y
.
,
_______
_
\
Augusta
+ 16.5
450,000,000
+
245,101,506
+ 32.5
324,729,033
■
+
111,200,000
+14.1
228,397,000
187,810,465
157,036,177
Francisco.™ ___r™_—__—
169,957,000
148.838,868
+
34.7
+
26.2
Pittsburgh
_______—1-
Cleveland
-r-r*—■
Ealtimore
126,655,531
+ 24.0
Total
days_____™,——in-
$5,892,013,483
$4,531,310,579
Ten cities, five
1,367,974,880
1,131,653,840
+ 20.9
All
cities, one day
$6,777,894,097
:____—
+28.5
are able
21,894,408
176,658
27,491,619
2.434 339
20.7
135,742
198,941
64,286,722
+ 13.0
46,524,574
44,776,638
280,051,425
+27.4
210,584,261
188,449,477
457,226
—36.6
329,450
581,718
+ 11.5
3,955,192
—23.8
1,766,115
3,215,154
1,793,168
+29.8
3,035,878
2,096,391
3.6
24,281,000
26,233,000
+24.7
3,237,021
.
3,733,766
2,876,593
30,629,000
29,562,000
—™
5,390,082
4,323,611
9,740,721
9,063,769
7.5
6.886,802
6,809,069
—
34,294,405
29,327,074
+16,9
24,864,586
1,694,293
1,405,336
+20.6
1,471,812
—i14,745,091
12,951,407
+ 13.9
13,948,486
6,180,311
4,823,635
+28.1
445,297
528,265
—15.7
333,671
444,732,983
459,538,195
—
3.2
387,297,238
1,847,065
1,807,407
+
2.3
1,115,633
4,842,604
+
3,1
3,774,193
2,013,202
—
9.1
1,718,835
1,669,744
+
7.7
1,602,421
21,511,011
1,264,280
11,259,888
3,512,213
415,857
352,593,314
1,054.974
3,908,989
1,209.007
1,293,315
—
0.4
483,297,489
441,384,652
+ 13.4
™__™—■
___™_______
Des Moines
City
■
:„™_—
ChicagQ™_
—,
DecaturPeoria™
4,692,171
_.™
Rockford
3,829,229
——
Springfield
1,798.546
—
.
ings for the whole country having amounted to $9,024,433,041, against $8,036,414,295
Total
Eighth Federal Reserve District-
The Cleveland Reserve Dis¬
22.2% and the Atlanta
Reserve District of 27.4%.
In the Chicago Reserve District the totals record a de¬
crease of 0.4%, but in the St. Louis Reserve District the totals register an increase
of 18.7% and in the Minneapolis Reserve District of 18.4%.
In the Kansas City
Reserve District the totals show an expansion of 20.6%', in the Dallas Reserve Dis¬
phia Reserve District the totals are smaller by 5.2%.
In the
following
furnish
we
37J%Y-yYY..Y--;
1943
2
Jan.
Y
Federal Reserve Districts
1st
Boston
2d
—
:
:+■'
North
'
g "
Dec. '/(■
$
4,895,659,204
$
35,145,226
28,673,516
23,419,996
793,000
13.7
641,000
601,000
235.873,528
+18.7
181,086,057
145,406,222
:
3,335,445
3,550,784
3,096.217
96,887.768
72,697,629
62,895,660
44,216,548
37,421,418
29,962,110
25,543,438
2,720,256
2,857,996
2,309,661
1,863,117
1,182.917
1,068,356
969,392
941,714
886,351
754,723
754,310
5,533,482
3,735,522
3,915,558
3,213,245
173,103,747
:
_™
;
,146,192,857
18.4
114.169,857
98,136,305
V
V
,
•'+:>
Total
1
(7 cities)
.
4.1
333,195,502
12.8
4,014,718,004
3,228,062,537
"
590,355,944
622,775,383
5.2
491,400,040
432,763,310
"
623,277,968
549,651,890
+
13.4
407,744,961
309,122,002
6
"
275,524,676
225,486,842
+ 22.2
180,468,927
158,461,329
Lincoln
10
"
356,766,257
280,051.425
+ 27.4
210,584,261
188,449,477
Omaha
0.4
5th
Richmond
6th
Atlanta
———
________—
■
—
,
+
Tenth Federal Reserve District—Kansas Cily—
"
Cleveland
770,318
281,748.719
7
Philadelphia
4th
1
3,618,082
.
—
10
3d
+
:
+
4,341,131,465
44,971,541
280,061,099
Paul-__^„
Dakota—Fargo
York__™____™. 12
New
21.5
+ 35.1
114,887,768
Helena
+
391,314,004
86,300,000
+
35,962,370
902,000
,_™__™_—._
Montana—Billings
1940
106,800,000
59.218,158
™
South Dakota—Aberdeen—™™,
1941
Inc. or
Y 1942
407.484,719
12 citlea
—
of
139,900,000
48,581,674
Minneapolis—
by Federal Reserve Districts:
bank clearings 'Y;v,
yyyy/'.
572,126,480
3,663,111
2,633,304
158,600,000
Ninth Federal Reserve District- -Minneapolis—
St.
+
'71,977,425
■
c'ties)
(4
+
-St. Louis—
Minnesota— Duluth—
a summary
y;+.;:y .■•■yy summary
Week Ended
Tcval
Y'Y Y:
>
568,869,031
Kentucky—Louisville™™™..—™
Tennessee—Memphis
Illinois—Quincy
trict enjoys a gain of 13.4%, the Richmond Reserve District of
trict of 5.5% and in the San Francisco Reserve District of
(17 cities)
Missouri—St. Louis
larger by 12.8%, and in the Boston Reserve District by 4.1% but in the Philadel¬
are
720,808
2,219,961
Illinois—Bloomington-—_
jn the same week in 1941.
Outside of this city there was an increase of 10.9%, the
bank clearings at this centre having recorded a gain of 13.6%.
We group the
cities according to the Federal Reserve Districts in which they are located, and
from this it appears that in the New York District (including this city) the totals
2 981 446
4,452,779
Haute—
Sioux
6,7
+ 63.4
+
1,692,623
Iowa—Cedar Rapids
12.3%, the aggregate of clear¬
For that week there was an increase of
+
2,910,129
•
"
Bond——
Terre
give the final and complete results for the week previous—the week
to
38,259,194
4.754.089
.
District—Chicago—
Wisconsin—Milwaukee-
Saturday and the Saturday figures are not available at time of going to press.
ended Jan. 2.
:
——_—4,966,252
Rapids-.
South
Accordingly, in the above the last day cf the week in all cases has to be estimated.
In the elaborate detailed statement, however, which we present further below
we
24,979,000
Indiana—Fort Wayne—
Complete and exact details for the week covered by tne foregoing will appear
in our; issue of next week.
We cannot furnish them today, in as much as the week
ends
1,145,413
25,959,000
356,766,257
Indianapolis™,—;
Total all cities for week
1,351,027
+ 31,4
Lansing
+28.2
+30.2
$8,711,986,035
_
$5,662,964,419
1,114,929,678
1,799,283
1,725,310
29,212,000
72,646,052
Y
Michigan—Ann Arbor—
Grand
$7,259,988,363
1,451,997,672
Total all cities, five days__™___™.
38,380,972
.
'■;
Seventh Federal Reserve
Other cities, five clays™.
+
40,835,613
_
+ 30.0
+
+ 11.6
1,410,199
213,159
Y.
(10 cities)™
21.8
86,342,063
2,402,367
9,9
Louisiana—New Orleans-
'
105,136,616
78,700,000
2,680,654
Mobile—-™
Y-
_—Y;
19,827,149
65,700,000
Mississippi—Vicksburg__
'
8an
21,180,636
*1,550,000
Alabama—Birmingham.™™
32.1
120,430,296
,
+ 29.2
+ 39.4
™„
Florida—Jacksonville
'
5,082,014
26,585,177
108,500,000
_™™
.
5,147,199
+ 59.3
34,354,837
151,300,000
■
—.
;'™__
—
Macop
11.3
126,800,000
159,048,108
City. Y YY_ Y YY Y__ —Y-
Ka nsatf
_
Georgia—Atlanta
+ 35.4
319,514,630
.*
.
Philadelphia
10,049,981
Nashville—
%'
•
$2,753,270,685
$3,729,328,518
372,227,566
501,000,000
York___.i__™u_YYY™Yil™_
New
1942
1943
Week Ending Jan. 9
;
Nebraska—Fremont
1
—_
17
"
568.869,061
572,126,480
483,297,489
441,384,652
—_
4
"
280,061,099
235,873,528
+ 18.7
181,086,057
145,466,222
Minneapolis
;<
7
10th Kansas City_—_____ 10
"
"
173,103,747
146,192,857
+
18.4
114,169,857
98,136,305
201,150,585
+ 20.6
150,957,498
136,948,737
109,593,960
+
5.5
80,432,669
77,417,203
361,065,876
+ 37.1
277,182,520
241,880,461
6,925,696,785
5,739,840,954
3,055,525,603
116.877
184,398
98,478
+ 87.3
107,996
*190,000
157,476
+ 20.7
138,394
127,488
3,475,823
2,497,231
+ 39.2
2,751,040
2,783.496
59,167,811
Hastings..
39,219,343
+ 50.9
31,765,744
29,555,863
2,638,270,652
7th
Chicago Y—
8th
St.
Louis—',
9th
i
;
242,528,050
—
Wichita
St.
6
"
115,578,797
10
"
495,223,519
9,024,433,041
8,036,414,295
,'+12.3
4,279,997,448
3,860,042,404
Francisco——
______™111
Total
Outside
citlea
York City
New
—
.
10.9
+
uJ
1——™.
Colorado—Colorado
1,568,425
+
10.0
4,615,852
+
3,767,526
„
;;
2,922,744
2,144,509
9.2
3,520,487
2,908,658
+ 12,8
105,740,742
93,402,558
26.6
3,708,989
3,604,954
+
348.041
—15.0
382,029
825,561
665,117
752,202
—11.6
697,568
700,538
242,528,050
201,150,585
+20.6
150,957,498
136,948,737
3,495,414
—18.0
295,717
Springs
Pueblo
Total
148,126,011
167,012,235
4.770,279
v
Joseph™™—
'
11th Dallas
12th San
1,724,772
5,041,898
Kansas—Topeka_.
Missouri—Kansas City—,
(10 cities)___™____
.
Eleventh Federal Reserve District—Dallas—
32 cities
Canada
440,804,421
390,621,249
396.512,760
+ 20.3
366,455,949
1,598,919
1.813,909
93,062,329
86,248,212
+
7.9
65,469,133
60,766,047
Fort Worth™™—-l.-™-__+™™ ;
'V' 10,830,292
Galveston
——1,864,000
9.463,351
3,345,000
+
14.4
5,736,304
6,924,394
—44 3
—32.2
Texas—Austin™-™—2,865,783
Dallas
-
add
detailed statement showing the figures for each city for the
Y-;
week ended Jan. 2 for four years.
Y'YYY'
•
We
now
our
Week Ended Jan.
Clearings
at—
Dec.
$
$
+
.1941
Inc. or
1942
3943
YY. Yv:
2
YY
1,676,079
2,585.000
1,196,016
3,252,000
1,135,685
5,820,708
5,364,904
+
8.5
3,847,297
3,542,819
115,578,797
109.593,960
+
5.5
80,432.669
77,417.203
Falls
;;
1,118,034
1940
Total
$
$
'to
Wichita
Louisiana—Shreveport—;___
(6 cities)
First Federal Reserve District—Boston
Maine—Bangor
Y™Y___
Portland™™:—;
Fall
900,849
22.2
532,810
384,509
+
3.0
59.824.352
+ 39.5
1,450,320
3,240.222
—55.2
988,390
1,034,479
Oregon—Portland—™™—________
73,617,477
59,150,661
+ 24.5
38,520,038
29,502,333
Utah—Salt Lake
27,344,560
23,080,150
+ 18.5
20,763,209
17,224,802
Washington—Seattle—
Haven
944.756
848,311
717,418
4,782,464
—
4.3
4,132,596
3,707,854
+
4.5
2,672,663
2,429,904
San Francisco
18,111,642
+
2.7
19,605,821
14,618,203
Y:
593,965
6.6
6,118,593
5,613,296
5.3
15,807,800
13,719,900
—36.8
7.306.997
711,854
333,195,502
,
San
Total
(12 cities)™
407,484,719
■.
391,314,004
Santa
+
4.1
'
Einghamton
1,506,938
54,100 000
890. 640
1,316,977
1,357 290
Y 4,744,435,593
4,176,371 891
______
.
Jamestown__
New
1,620, 014
51,291,221
989,972
Buffalo
Elmira
<
___
York-™
.
■■
_„_™™_—
+ 11.8
6,118 040
Rochester
3,808,724
3,169,061
+ 46.4
157,591,000
145,012,000
4,050,244
+
3.9
3,133,076
2,747,482
1,930,296
1,872,813
+
3.1
1,937,742
1,749,407
2,911,677
2,613,017
+
11.4
3,233,807
2,302,170
Barbara
(10 cities)
'• 6,540,780
361,065,876
495,223,519
•'
V;•
Outside
.6,841,250
__
.
—16.1
4,210,099
*•*.'
{Y' •'.*.( Yt
-Y
fill cities)——
•
-
■
4,136.259
3,801,407
+37.1
277,182,520
241,880,461
12.3
6,925,696,785
5.739,840,954
+10.9
3,055,525,603
2,638,270,652
-
9,024,433,041
8,036,414.295
+
4,279,997,448
New York
Second Federal Reserve District—New York-
York—Albany
+ 24.7
3,682,753
198,305,414
:
Grand Total
New
5,246.250
3,089,060
■■
Stockton
Total
'
35,337,315
290,685,000
Jose
281,748,719
—
940,352
California—Long BeachY™YYYYY<<*'4
43,070,275
654,978
—
21,087,700
19,972,500
<
City.:
Pasadena
3,495,064
6,822,292
Island—Providence™^.™
Hampshire—Manchester
83,444,250
Yakima
18,600,661
Connecticut—HartfordNew
749,392
073,102
.
Worcester
New
2,822,098
235,862,759
851,869
+
443,270
2,209,487
278,878,357
•
4,575,974
—
Springfield
Rhode
5.4
3,339,137
Bedford™--™—Y-_—
New
12.6
+
1,052,860
541,683
Lowell___™_:
+
328,724,916'
346,437,640
•
River
Twelfth Federal Reserve District—San Francisco—
468,408
825,341
—14.5
3,497,532
3,937,087
Massachusetts—Boston™™.
—14.7
926,451
789,829
3,860,042,404
6,457,715
5,994,127
7.0
1,612,970
41.300,000
34,700,000
671,138
1,141,338
933,764
13.6
3,870,171,182
3,101,570,302
Ended
Dec.
31
554,787
3.0
Week
1,333,925
5.2
+ 11.1
—
—
—
+
1943
Canada—
.'-.+.Y'
Toronto
$
V..
1942
$
Inc.
ox-
1941
1940
Dec. e.r
$
'V,
150,580,385
;
Y
Montreal
110,692,507
+
36.0
118,983,676
132,356,934
+
14.3
116,946,701
115,141,124
12,205 ,501
4.4
126,469,527
110,662,205
5,394,895
6,337 858
—14.9
6,438,630
5,165.678
Winnipeg
42,235,705
38,154,668
+ 10.7
5,691, 291
0.0
5,113,388
4,937,557
Vancouver
23,228,682
17,013,827
+ 36.5
43,211,706
18,847,634
49,249,521
Connecticut—Stamford—5,691,233
New Jersey—Montclair______—452,850
—18.0
.465,986
553,573
Ottawa™—™——™'—--™'
43,539,583
39,415,595
+ 10.5
43,959,127
21,588,450
Quebec—™
5,373,081
4,842,747
+
11.0
4,568,827
5,287,662
Halifax
3,156,455
2,639,296
+
19.6
2,721,514
Hamilton__™.___——______Y--r
7,101,772
5,828,665
+ 21.8
6,086,261
Calgary—_____.—__™____™.
6,198,999
5,583,960
+
11.0
5,249,558
2,593,621
2,028,017
+
27.9
1,945,888
2,110,0-37
1,535,755
*2,000,000
—23.2
1,743,062
1,752,405
1.6
2,842,070
11,668,521
Syracuse--
Newark.
1
-
10,046,209
11,158.538
27,533,498
—
.(12 cities)
24,948 941
+ 10.4
24,745,189
19,836,226
38,536,256
_________
Northern New Jersey
Total
552 526
—
50,937 473
—24.3
45,905,518
41,972,801
4,895,659,204
4,341,131,465*-'
+12.8
4,014,718,004
3,228,062,537
St.
Third Federal Reserve
Chester
—_____™.
Lancaster
490,341
1,503,042
1,475,275
:+
1.9
1,081,763
524.312
514,277
+
2.0
16.5
2,180,758
1,864,703
Wllkes-Barre
—™
_
Jersey—Trenton—
3,010,959
1,364,796
1,379,696
2,092,965
'+:■ 6.3
6,471,000
—,
1,534,343
2,224,969
Scranton—;—
1,788,134
5,391,600
+ 20.0
+
-+-14.4
—
Brandop__,
1,480,423
1,1
i
Jaw
+ 18.0
5,158,130
4,814,107
+ 36.4
5,802,087
4,330,234
878,882
—48.9
419,177
426,511
+ 55.4
545,411
496,636
1,249,431
+ 25.1
1,566,204
1,768,134
650,124
542,437
+ 19.9
646,767
Brantford
Fort
674,358
886,217
*1,300,000
—31.8
1.227.896
1,088,212
1,182,280
930,049
+ 27.1
976.511
827.142
978,550
William
1,915,295
1,401,684
New
698,340
+
40.1
767,983
679,766
323,789
269,743
+ 20.0
324,242
274,510
573,912
+
23.3
590,184
781,582
982,462
—20.4
943,653
993.600
2.9
Westminster
6,546,800
Medicme
——
—™™
Hat
—„
Peterborough
Total
(10 cities)—
590,355,944
5.2
622,775,383
491,400,040
432,763,310
Sherbrooke
,
Cincinnati—
.
*3,000,000
1,115,759
1,148,549
1,389,338
3,291,108
4,242,506
—22.4
4,476,030
3,589,360
—
510,936
386,309
+ 32.3
413,022
366,107
—
962,233
967,904
0.6
972,698
—
846,628
596,273
624,600
4.5
721,760
642,845
Columbus
t
—
Mansfield———
183,054,023
13,939,100
2,417,784
+ 13.7
2,262,511
68,963,182
58,426,461
+ 26.5
140,504,543
12,658,600
10,109,000
1,986,734
1,927,156
Prince Albert
Moncton—
—
—
104,353,980
8.2
—
—10.1
3,567,013
265,941,220
—
2,355,605
+ 14.1
2,73o',352
Pennsylvania—Pittsburgh—
(7 cities)
92.113,889
2 077 864
Youngstown-
Total
105,140,802
231,587,430
' 12,800,300
_______
Cleveland—
;
Windsor
2,639,642
252,920,439
+
623,277,968
549,651,890
—23.5
3,094,694
3,325,484
5.1
178,181,603
407,744,961
309,122,002
—
—
—
3.0
679,138
684.219
Chatham
475,000
489,927
Sarnia
450,215
*500,000
—10.0
440,051
489,721
894,154
1,042,963
—14.3
1,346,454
1,096,043
440,804,421
366,455,949
+20.3
396,512,760
390,621,249
Sudbury.
128,717,410
+13.4
705,559
1,350,793
Kitchener—_____
Fourth Federal Reserve District—Cleveland-
Ohio—Canton
371,952
662,638
1,563,160
——
________
1,274,980
■_
3,543,365
4,722,755
449,240
;
2,628,980
3,257,592
1,747,840
5,649,161
707,681
Lethbridge——
8,304,200
-
6,276,712
3,187,952
_____
Saskatoon
Moose
—
3,421,477
.
5,572,257
—
Regina,
416,000,000
—20.5
2,429,230
18,154,435
4,348,180
Edmonton
660,146
1,386,471
2,576,357
„
:
—
365,681
■
-
470,000,000
1,886,027
605,000,000
—
927,035
5.5
1,500,199
Reading—
■540,830
599,086
—17.8-
572,000,000
Philadelphia—™—
York—
John
2,389,480
403,035
*
Bethlehem.™
New
___™™
_____—
District—Philadelphia—
(Pennsylvania—Altoona—™__Y
,
_Y.
Total (32 Cities)
♦Estimated.
—
—
Ended July 31—
Years
provision for taxes on income, $540,000; reserve for taxes of
and contingencies, $68,695; 8?o cumulative preferred stock
*$100 par), $1,728,700; common stock (404,860 no par shares, less,28
shares
of
unconverted $50 par stock) $4,050,000; deficit, $457,783;
$162 411;
profit
Operating
prior years
Executive
Gulf
Gross
General
Fed.
115,485
1,317.785
1,219,404
15,833
222,083
190,000
90,834
37,458
208,120
205,692
194.382.
131,161
290,494
income
15,012
168,255
$357,559
156,
$16,213
.
133,650
129.533
taxes-
186,445
60,401
140,794
93,818
revenues...
$272,865
$278,711
$3,000,356
—
£>rl,404
Drl0,620
Dr50,951
—
$271,461
$268,091
amortiz...
102,154
103,167
$2,949,405
1,232,261
Depreciation
•Federal
Other
——
income
taxes
Net
—
oper.
income—net
Other
Balance
and
Interest
Balance
44,551
50
Balance
This
5.
with
compares
The
made on Dec. 27,
was
1937.—V.
$2
of
155, p.
The
to
corporation
holding
a
The
1,250,622
change
to
proposes
and
company,
allied
other
,584,968
made
being
is
Net
estimated
profits
excess
taxes
$1,342,925
to
of
—V.
1939
155,
plants.
15
Horn
Hardart
&
Co.
40,000
11,334
77,666
share
9 7,000
paid each quarter.
Preliminary estimates
The
1 85,000
98,000
23,000
profit ■—U—
$86,864
$94,099
paid —
...
52,361
52,241
against future decline in inventory
Net
$56,345
52,056
,
•Provided
Sheet,
Balance
'
$104,677
(34,503
tax
deposits,
premium
$533,861), $480,891; unexpired
etc., $16,351; total, $1,576,261,
taxes,
Operating
Federal
Other
Operating
1
cents
share
per
$569,110
30,824
27,085
370,009
31,385
2,392
1,977
31,141
6,380
—
——_———
7,574
90,618
Net
Balance
Retire,
(net):
income
Non-oper.
$7,868
revenues—
oper.
———l —
570
546
7,129
10,979
$8,442
$84,471
$97,275
$8,437 '
■
2,917
charges
2,917
35,000
35,000
$5,521
$5,525
$49,471
$62,275
46
income
Interest
$77,342
.
accruals—
res.
Gross
$7,895
44
512
income
$5,475'
———
$5,481
156,
2131.
p.
V..
41,769
1942—12 Mos.—1941
■frv,:
1939
1940
1941
1942
and
225,503
3,712,127
2,278.506
72,094
60,801
841,769
795,075
>„
108,333
72,909
1,296,667
1,184,411
$429,589
$311,553
$3,917,759
$4,116,612
„
revenues—
3,945
9,002
$3,921,704
$4,125,614
bonds
Other int. & deductions
80,208
80,208
962,500
962,500
Interest
mtge.
on
21,154
14,113
185,622
17,816,093
15,538,484
12,849,225
—
$217,272
$2,773,582
$2,993,471
period—
315,078
315,078
$2,915,518
$3,375,261
$2,633,527
$1,877,854
-V.
156,
374,201
305,319
266,512
239,991
of
for
profits
the
taxes
$600,000,
Hygrade
1941-1942
$3,680,579
$3,289,719
income—1
Total
$2,900,039
equivalent
to
stock
156,
to
$135,000,
1865.
p.
195,189
213,597
284,812
277,726
income .tax-
11,158,955
tl, 013,394
507,325
318,086
82,308
104,45i
94,485
profit—:
$1,853,267
$2,349,136
$2,013,418
69,930
69,930
69,930
and
$2.18
loss
income
and
$910,000,
and
after such
share on the 274,288 shares
a
Net
sale
on
V.*;
for
income
fiscal
the
;
of
idle
plant
of
$316,920.
' V; •'
.
RR.—Earnings
Net
:
*
62,406
1940
1,769.414
on
net
110,816,451
89,943,569
87,668,151
30,207,598
20,727,789
22,354.053
18,739,854
12,285,683
13,782,549
railway..
160,710,830
railway...
ry, oper, income.
54,268,771
23,647,432
.
v
$50,526; total,
accrued
of
the
There
have
124,685
124,685
124,684
124,677*
com.
stk.
700.000
700,000
600,000
500,000
$9,000 of
cl. B
com.
stk.
700,000
700,000
600,000
500,000
interest.
5%
■(Includes
pref. stock
(Includes
depreciation.
$252,725
1942,
and in
1941,
Note—The
consolidated
Balance
Sheet, June 30,
$1,331,256; trade notes and
accounts,
including $108,820,
sundry
-
taxes,
federal
taxes
debt
due
sidiary,
total,
$812,157;
on
within
r>fd.
$2,493,700;
mon
called
for
year,
estimated,
$20,631;
long term debt
accounts
$1,188,701;
stock
$7,523,885;
stock
(par
Class
A
portion
of
long
Operating
redemption
as
of
Feb.
1,
1943,
a
total of
$640,800;
within one
property
Operating
Net
deferred income,
lr',
cumulative
$999,000; 5'> cumul. pfd. stock (par $25),
common stock
(par $1), $500,000; Class B com¬
$100),
$500,000; capital surplus, $241,597; earned surplus,
total, $15.866,961.—V. 154, 1669.
(par $1).
of
oper.
156,
p.
87,747
$1,876,726
$1,773,734
1,831
1,727
1,060,506
(& Subs.)—Earns,
(Canada) Ltd.
1941
$405,485
1942
operations.—4——lA..
$535,862
409
—
——■
534
:
$536,271
——
$406,019
1,472
2,040
1,770
28,551
fees
^^
■
Transferred
to
general
reserve
to
for bad
res.
49,230
184,424
46,163
32,662
~52~,006
.2——
and doubtful
443
47,126
292,676
35,000
9,306
Appropriated for future redemption of bonds..
Provision for future deprec, in inventory values
Transferred
3,078
79
Provision for income and excess profits taxes...
9,000
accts.
$63,000
$52,500
64,216
profit
Earned surplus, balance Sept; 30.
64,845
1940—
Exchange profit on redemption of co.'s bonds-
2,380
2,380
—u.-—A.A a_—.
$129,596
$119,725
52,490
52,490
1,763
2,828
Cr 3 09
191
$76,251
$64,216
Total
....
Balance
surplus, Sept,
earned
Consolidated
f'
30..—
Balance
Sheet,
Sept.
30,
134 L
i. Assets—Cash in bank and on hand, $196,842; accounts receivable
(less reserve of $29,000 for bad and doubtful accounts) ,$520,423; sur¬
value
insurance
life'
of
policies,
physical
$6,416;
inventory,
investments at cost (less reserve of $25,000),
$4,015; refund¬
profits tax, $14,536; prepaid insurance, taxes,
etc., $11,573; property assets, $349,377; trade marks, patents, formulae
and good will (net) $38,913; total, $1,780,872.
$638,778;
able
portion
of
excess
^
Liabilities—Accounts
for
reserve
eral
and
income
$147,353;
reserve,
payable, 4$268,4G5;- accrued liabilities, $7,917;
excess profits and other taxes, $339,351; gen¬
for
reserve
in
depreciation
future
inventory
$87,000; 5% cumulative participating preferred stock (42,000
each), $840,000; common stock, $140,000; earned surplus,
$76,251; deferred surplus (refundable portion of excess profits tax),
$14,536; total, $1,780,872.—V, 156, p. 2132.
'
values,
shares of $20
Vice-President
International
of
this
Telephone
Corp.—New
V.-Pres.
Vice-President, has been elected
corporation, which is a subsidiary of the
formerly
Bohle,
Electric
Standard
International
:V Henri C,
Assistant
&
Corp,, and which controls
manufacturing properties outside
Telegraph
part of I. T. & T.'s
United States,—V. 151, p.-268.
greater
Sales
Department
50
602
2.001
32,801
393,442
the
the
—V,
156,
'
2132.
p.
$49,243
$420,345
$469,278
28,953
the
class
40,079
277,874
351,290
U,
Charles
S.
Alvin
Jones,, specially
District Court
at
assigned, has
Wilmington, Del., approv¬
a share to the holders
class
B
common
stocks
of
Indian
Territory.
The
settlement is said to bring to an end four different minority stockholder
suits against the two Cities Service companies and the Empire Gas &
Fuel Co.,
another Cities Service subsidiary, and certain officers and
directors
in
Jersey.
the
Other
Federal
The
suits
$4,605,207
$4,596,416
& maint.—
163,261
166,777
2,012,945
1,962,609
39,325
30,875
346,975
289,125
47,522
45,990
586,538
540,243
40,000
40,000
480,000
480,000
$106,884
$124,269
$1,178,749
$1 ,324,434
3,051
3,071
38,309
33,901
$109,935
$127,340
$1,217,058
$1 ,358,335
inc. taxes
—_—
retirements
oper.
earnings
income
courts
at
New
were
to
obtain
York.
Chicago.
accountings
Wilmington and
on transactions
net
,—
earnings—
33,333
43.308
424.937
519,700
debt
17,526
12,500
203,841
150,000
deducts.—
14,211
11,477
157,825
140,584
$44,865
$60,055
$430,455
$548,051
Int.
on
mtge.
Int.
on
other fund,
Illuminating Oil Co.—Settlement—
Judge
the
and
A
for
Prov.
Amort.,
Circuit
$407,912
taxes
Total
2039.
decree in
1942—12 Mos.—°1941
$396,993
fState & Fed.
Other
Delaware—Earnings—
1942—Month—1941
earnings—_
oper.
exp.
$35,345,292 $29,040,950
•
Iowa Southern Utilities Co. of
Oner.
Sales Up—
Mos,—1941*
1942—11
$4,282,853
334,278
$38,898
income
Stores, Inc.—Dec.
1942—Month—1941
—$5,219,552
Net
50
ing a settlement by Cities Service Oil Co. of $3
New
1865.
966,450
37,669
—
Indian Territory
a
1942—11 Mos.—1941
166
92,293
income
Federal
$170,007
166
——
Net
of
p.
31,714
oper.
taxes
—V.
filed
156,
;
Gross
Corp,—Earnings—
$169,076
rev.
oper.
lease
Telephone
1942—Month—1941
expenses
for
Rent
term
amount due to unconsolidated sub¬
(excluding portion payable
$61,733;
Associated
revenues
Uncollectible
$725,640; accrued gasoline, local and
other accrued accounts, $2,788; provision for
income
one
$1,868;
$2,336,337.—V.
on
Directors'
.
Operating
1042
payable,
year), $144,292;
reserve
for contingencies,
$10,168;
minority interest in subsidiaries,
P-inr
been
Period End. Nov. 30—
866,961.
Liabilities—Accounts
and other expenses, $16,826; Federal taxes on
ended July 31-, 1942—estimated, $300,000; com¬
$421,126; capital surplus, $138,794; earned sur¬
Period End. Dec. 31—.
5 %. income debenture bonds dated Feb. 1, 1936. at 100 and
Payment will be made at the Merchants & Newark Trust Co.,
N. J.
...
Indiana
the undistributed net profits of un¬
receivable and
other
current
current portion of receivables from unconsolidated subsidiaries (less reserve of $183,950),
$1,948,251; inventories, $1,280,133; -investments and other assets, $852,628;
property, plant and equipment
(less reserves for depreciation,
depletion and amortization of $5,061,8011, $9,616,295; goodwill, trade
names,
etc.,
$570,000;
option fees, $49,243;
gasoline contract
(less
reserve
of $182,013), $17,986; deferred charges, $201,169;
total, $15,Assets—Cash,
$1),
Period End. Nov. 30—
companies' equity in
Consolidated
4
Newark,
subsidiaries for 1942 amounted to $24,887.
$2,336,337.
Executives', salaries
;
-Legal fees
Provision for deprec., inch special amortization
Interest
for excess profits taxes.
$163,675
,
in
reimburse¬
in
Government
taxes
year
(par
Total income
Imperial Laundry Co. (N. J.)—Bonds Called—
cl. A
on
S.
157, p. 42.
Divs. on
on
U.
;
inventories, $934,821; other assets,
plant and equipment (less reserve for depreciation
$297,052; patents,
trademarks and goodwill,
$1; de¬
Miscellaneous income
a
1 *
from
Divs.
Divs.
from
1942
payment on notes pay(less reserve of $24,837),
to
Year Ended Sept. 30—
1.398,561
1,232,976
from
receivable
amounts
Interstate
Consol.
Divs.
31,
July
receivable
accounts
plant facilities, $136,583;
$272,387;
2.208,973
2,974,900
oper, income.
ry,
trade
International Paints
$8,291,285
2,520,819
2,341,162
—V.
Sheet,
restricted
1939
$8,783,253
1941
■
.
$15,438,229 $10,531,518
5,299,346
Gross
Net
subsidiary cos.^
1942
railway..
railway.,;.:
from
From Jan. 1—
69,930
profit
in
from
Gross
$1,459,627
prior pref. stk.
int.
Minority
Federal
before
outstanding.
;
'
Illinois Central
$2,117,845
expenses———
Federal
period
approximately
was
common
amounting
—V,
Net
Balance
(including $8,241
charges,
render
income
charges
Net
Other
for
depreciation.
Included
above,
amounted
to
$24,188 in 1941, $18,250 in 1940, and $15,209 in 1939.
property,
plus,
purchase
$49,000,000.
Net
J Includes provi¬
taxes, $180,000; provision' for possible addi¬
and additional provision for prior years, $477.
profits
$10,000,
Adjustment in respect to provincial taxes.—
early in the year of Major Bros. Packing Co.
of Mishawaka, Ind., and increased demand for products, the Hygrade
corporation achieved a new all-time high in sales of $87,000,000 for
the fiscal year ended Oct. 31, 1942, Samuel Slotkin, President,
an¬
nounced Dec. 27.
Net sales for the preceding fiscal period amounted
Reflecting
to
stock dividend.
t Including $194,400, 100^
excess
Dividend paid on preferred stock
Net loss on sale of capital assets...—A
2224.
p.
Hygrade Food Products Corp.—Record Sales—
NovemberOther income
dividend
stock
■
stock
$2,678,393
stocks for
Balance
13,029,611
profit-
Operating
$39,977
+233,280
169,643
$328,414
$2,458,504
income
Net
op¬
erating expenses——
•$79,030
—
mon
$1,220,831 $16,272,812 $14,200,875
6,504,490
5,826,271
550,060
year ended Nov. 1, 1941, amounted to $408,031, or $1.48 a common
share after all, charges, including taxes in the amount of $405,000,
but
before
provision
for
contingencies
and
taxes
in
prior years
$20,731,611 $18,913,744 $15,482,752 $14,907,465
—
sales
of
$61,724
49,140
(& Subs.) —Earnings—;
Hickok Oil Corp.
Years Ended June 30—
sales
$48,959
—A'
declared
Dividends
$131,427
39,180 Miv)—~v-~
Profit from
297,570
income
excess
■
$205,083
$21,587;
:
40
551
———
9,829
—
income
effect
$311,593
88,839
52,400
8,092
—-
payable, $571,972; trade accounts payable, $404,482;
customers' deposits on orders, $127,481; accrued salaries, wages and
commissions on camera sales, $61,683; employees' profit-sharing fund,
the
187
$86,296
$102,206
Liabilities—Notes
of the war and
dividend reduction,
V-Mv*.'',
's-;vV-"V;-:
the
in
$429,776
$550,086
343,566
17,494
•$70,937
3,378
on
$131,767),
of
previously
reserve
1942—12 Mos.—1941
$44,532
12,068
$161,805
.
27,000
for
ferred
of
income'——
'
19,565
$556,639
51,079
$7,186;
per
holders
to
—-
*300,477
$506,181;
Co.—Earnings—
Power
1
retire,
Gross
-
of
factors
190.
579,937
taxes
oper.
Other
•
$47,464
__—
Maintenance
•Cost
regarding
p.
$1,487,523
revenues
.
revenues—
Operation
Net
cents
40
— —
$84,712
•$83,005
$142,239
'V 34,804
-
$403,987;
Net
Co.—Earnings1942—Month—1941
Period End. Nov. 30—
Net
50
Feb.
1942—Month—1941
taxes
Net
taxes,
Haverhill Gas Light
—V.
Lighting &
appropriation
surplus;
'
•
V
.
———
taxes,
ment
v
$129,000;
values,
ferred
Taxes
with
were
155,
expenses—..
Property
$46,000; reserve against future decline in inventory
capital stock (174,536 shares no par), $787,947; de¬
refundable portion of excess profits tax (per contra),
$3,600; earned surplus, $312,143; total, $1,576,261.—V. 155, p. 2094. ,
profits
,.
Operating
(secured), $222,000; accounts payable
liabilities, $75,571; reserve for Dominion income and excess
and accrued
payable
par,
of
dividend
7,678
income—
for
abler,
company indicated that earnings in
will amount to $1,202,000, against $1,-
earnings
Period End. Nov. 30—
insurance
.'
)
$521,835
profit-
Assets—Cash
advances
Liabilities—Bank
364,139
371,246
364,492
498,541
,
Note—Provision
the
Uncertainties
on
Houston
banks, $4,008; accounts receivable (less
reserve
for doubtful
accounts of $11,000), $146,278; inventories of
stocks
on
hand,
$544,789;
deferred account receivable, from the
Dominion government, being refunable portion of excess profits tax
(per contra), $3,600; cash surrender value of life insurance, $9,568;
investment in subsidiary company, $370,776; fixed assets (less reserve
of
by
stated.—V.
company
no
compares
dividends
for
1941.
programs
the
Assets—Cash on hand and in
depreciation
notes—
$42,229 in 1942,
1942
31,
Oct.
available
in
This
quarterly
a
stock,
common
12.;
Jan.
454,012
values. \
the
on
1942
Dividends
$1,945,054
1,496,203
■
profit
tional
Y.)—Dividend Decreased—
(N.
declared
have
directors
record
Cr 17,655
Provin¬
...—
$1,335,335
1,039,416
doubtful
and
taxes
sion
V,f
.'
,
v.;.-;-:;
57,950
taxes
1939
1,318,504
.
-
for
Common
('Financial
(Toronto
'
48,524
cial
for
2184.
p.
24,214
co.
1940
$1,825,236
3,771,649
sold—_
profit
j.yv'*Lossv'
with 20 cents paid on June 10 and Sept. 21, last.
Payments
during 1941 were as follows:
Sept. 22, 30 cents, and Dec. 20, 70 cents.
22,981
subs.
1941
' $4,792,025
u—-————
deductions——
Other
Fed.
pares
buildings and plant
and
(& Subs.)— Earnings-
1942
July 31—
goods
Gross
on Dec. 18 paid a dividend of 30 cents per share on
stock, par $20, to holders of record Dec. 12.
This com¬
$185,627
from
2307
p.
company
common
$279,536
rec.
156,
Consolidated
The
the
$314,647
Dominion
•174,915
dry income
Sugar Co.—30-Cent Dividend—
$230,190
"Reserve
Div.
•63,914
Cash discounts and sun?
Net
.
^
1940
1,215,765
income—
,
of the company's entry into the
facilitate entry in the future into
is
operations.
from
1,342,147
'
Operating
in June, 1942, purchased through a subsidiary a
known as Industrial Food Services, Ltd., supplying food
at industrial plants, mainly war plants.
This com?
now
Honomu
for the 12 months
deducting estimated
156, p. 1864,
1941
1942
Years End. Oct. 31—'
of
business.
of
lines
view
and
conducting operations at
Post.")—v; 155, p. 190..'
/.I-v
Harding Carpets Ltd.—EarningsProfit
10.439,774
1,328,345
4,974,220
1,9,560,576
railway.—
expenses
refreshments
pany
of $1,098,322.94
31,
Oct.
12,760,426
2,685,811
10,352,088
6,807,802
$953,838
Selling, admin, and gen.
The parent concern
company
1942 (194k—$643,919.06) after
post-war credit of $107,460.22 (1941—none).—V.
ending
•15,060
railway
sales
2457.
change its function from an operating
to change its name to Canadian Food
in
nutrition
industrial
of
field
applicable during the respective periods.
amounts shown above for Federal income taxes include provision
The
for
26,892
oper.
ry.
Cost
Ltd.
The present business would be sold to a wholly owned
subsidiary, Honey Dew Co., Ltd.
Upon completion of this transaction
Canadian Food Products, Ltd., would have initially two wholly owned
subsidiaries—Honey Dew Co., Ltd., and Industrial Food Services, Ltd.
Acts
Revenue
95,524
International Industries, Inc.
1942
the
793,436
Years End.
cumu¬
Products,
$1,927,892
$1,132,176
114,1*33
income—.
Honey Dew Ltd., Toronto—To Change Name, Etc.—
$3,178,515
584,968
166.413
•Deficit,—V.
record
15, last, and
amounting to
holders
cents paid on July
previous payment,
25
1942.
31,
Jan.
on
share,
per
par,
no
the
on
$973,280
224.261
*
comparative purposes Federal income and excess profits taxes
and 1941 have been restated to give effect to the provisions
•For
for
of
stock,
A
has been declared
payable Jan. 15 to
share
from
Net
(Mich.)—$1 Class A Dividend—
per
1941
$1,245,3 18
from
Gross
Net
profits taxes, $1,030,513; capital stock, 90,000 shares
$1
of
1939
mo
1942
977,017
accounts
$3,159,969
18,546
$1,717,144
Resigns—
$2,226,645
oper.
Provision
1,541,847
1,470,062
1,072,037
^
stock and surplus..—.-
for common
class
cents
$1
and
!
ry.
570,150
$164,924
$169,307
requirements
—————,
dividend
Preferred
America—Official
North
From Jan. 1—
„
50,199
-
Net
payable (secured as to $100,000), $165,000; ac¬
accrued liabilities, $977,542; reserve for Dominion
and
excess
dividend
Jan.
1942—12 Mos.—1941
678,864
1,593,123
1,974,164
1,115,361
Maintenance
by
bound
so
railway™,.
-from
$224,697
$1,029,727 $12,424,084 $11,558,053
342,318
4,062,216
3,743,989
324,958
Net
capital surplus, $615,425; deferred surplus, $19,850;,
surplus, $1,031,915; total, $4,008,724.—V. 154, p. 655.,
lative
1942—Month—1941
are
railway——
from
Gross
$168,480;
par),
earned
Co.—Earnings-
$1,028,519
—
revenues
and
of
years
November—
and
Home Dairy Co.
Period End. Oct. 31—
Operating
Operation
$22,905),
payable
A
Gulf States Utilities
Wilmington
International Great Northern RR.—Earnings-
$100,000;
of
accounts
(no
66,871
$291,403
:
Dominion
$17,032;
$99,500),
value,
doubtful
for
reserve
banks,
in
and
market
(Quoted
(less
income
2131.
p.
$315,689
$3.51
counts
66,156
5,513
510,358
Balance
—V.
hand
on
cost
at
Liabilities—Notes
$291,568
5,513
—
July .31,, 1942
Sheet,
of
at
1311.
service with this company, John Kremer has
relinquished active responsibilities as Vice-President of the North
America
Companies.
He will continue to serve at the head office,
in
Philadelphia,
in
an
advisory
capacity.
Mr,
Kremer
will
be
70 years old this month.—V,
156, p. 1151.
After
of Canada
accounts re¬
$1,306,567;
inventories, $1,829,878; investment in shares of other companies, $55.002; deferred charges, $33,201; deferred account receivable, $19,850;
fixed assets, $647,194; total, $4,008,724.
r
\
Assets—Cash
ceivable
221,784
$21,726
stock—
pfd.
on
14,066
—
—.—...
Balance
action
p.
'
bonds
$513,353
$16,371
deducts—
other
&
$525,814
$36,738
$30,436
...
-
share
common
per
Consolidated
76,469
taxes
income
Gross
Divs.
121,479
18,750
taxes-..
prof,
profit
155,
Co.
Insurance
32
the
in
settlement.—V.
the
444,351
992,000
$388,027
$4.31
—,A——■
profits tax........
excess
$2,336,079
——
income
excess
Net
$2,758,678
expenses
taxes
Federal
$211,509
depreciation..
for
Prov,
Net
$255,505
750
658,719
1,009,330
———J.:
fees
and
Earned
1942—12 Mos.—1941
1941
1942—Month
revenue
Operating
Income
$1,854,422
78,147
to
intervened
courts
101,194
1,188
fees........
legal
Depreciation
Co.—Earnings—
Power
Period End. Nov. 30—
Int.
Directors'
$7,734,927.—V. 155, p. 51.
total,
.L—...
and
remuneration
companies which the stockholders *of Indian- claimed were
them.
All parties to the suits pending in the other
detrimental
1941
1942
$2,134,974
.
the
between
Hayes Steel Products, Ltd. (& Sub.)— Earnings-
(Continued from page 132)
Monday, January 11, 1943
& FINANCIAL CHRONICLE
THE COMMERCIAL
164
Net
&c.f
income
"Restated
.
and
Federal
mated
would
pany
of
bonds
for
comparative
income
additional
have
been
taxes
amount)
payable
tThe
purposes,
represent
of
State
the
and
the income
charges
estimated
Federal
for
in lieu
of
amount
income
(or
taxes
State
esti¬
which
those
periods if the com¬
had not had the benefit for income tax purposes of the deduction
call premium, etc., applicable to bonds refunded in 1949
1942.
The corresponding credit items have been credited to the
on
discount,
and
unamortized
income
balance
tax for 1942
of debt discount, premium and expense.
accrued at 40^ .—V. 156, p. 2224.
Federal
-
'
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
Kansas City Public Service
Set—
International Utilities Corp.—SEC Hearing
Period End. Nov. 30—
the SEC on a proposal
liy the corporation to sell 76,235 shares of the common stock (its
entire
holding)
of Securities
Corporation
General,
an
investment
company,
to
Cecil
P.
Stewart
for
an
aggregate
consideration of
$125,787.75, or $1.65 a share.
A
been
has
hearing
for
set
16
Jan.
by
Total
revenue
after
that
rules
be
deliveries
all
due
bills
series of; 1931, may not
further notice and that
the prior preferred • stock $3.50,
ex-dividend of 87 % cents until
quoted
after
for
Jan.
said
21,
bills
Due
(social
Jacksonville,
District
Court
of
sale
—V.
Gainesville
Lamson
the
133,
has
for
been
road,
advertised
now
,
sale
for
+
Jantzen Knitting
Years Ended
*
Feb.
■.
.
1
'
'
| ■ —'
•
Sales
,,
of
.
c
$512,620
ry.
$1,405,463
•$169,672
items
Reserve
'
i
10,437
.
687,500
62,500
*—
(est.)***
$136,132
•$9,041
1942
excess
from
1940
from
$203,347
—V.
156,
189,940
119,676
123,556
92,327
57,848
65.179
130,511
224,331
502,190
Income
$952,887
$826,181
$3,223,575
$3,105,351
Int.
2,891,113
2,285,147
2,060,319
1,266,944
1,125,456
1,359,481
722,132
751,810
672,979
Divs,
2,514,460
1,557,759
858,204
income***
2039.
;
,
other
Net
Ended
of
Maintenance
_/**__
7%
on
381,682
394,641
$440,259
$1,684,523
$1,512,555
114,016
114,016
456,066
456,066
94,680
94,680
378,722
378,722
$362,026
$222,562
$849,735
$677,767
Jr. pfd. stk.
46,726,751
exps.
*
$5,999,996
fect
to
1,592,782
foreign subsidiaries*******.
153,468
Discount on purchases*^.*
—157,618
Miscellaneous income (net)
*—/_—.
17,716
68,468
repairs**—***
income
and
1941
taxes
have
been
computed in accordance
For purposes of comparison,
have been
appropriately adjusted
with
earnings figures
to give ef¬
herein
Federal tax adjustments recorded subsequent to
Sept. 30,
tThese
$2,665,090
;___
*****
Federal
27,153,516
997,945
admin,
:
,
published in
695,427
1,137,038
and
Drl4
$3,105,337-
$570,723
*****
the Revenue Act of 1942.
1941
$53,724,692 $31,651,072
:.———**——*_—
*
„
6%
pfd. stk.
Kentucky Util. Co.
of
*1942
1942
.
sales, selling, general and
Depreciation
9,019
1,079
$3,224,654
1,540,131
t
Aug.).31—
sales,***.
Br282
$825,899
■
$952,405
on
Div.
Kelsey-IIayes Wheel Co.—Earnings—
Years
Dr482
*„
******
deducts.**
income
Balance
42,331
7,602
(net)
income
&
Net
"■
'
income
32,002
,
railway****
p.
35,000
operating
Gross
$198,285
V.
railway*****
oper.
taxes*
1939
$212,598
94,118
,.
355,190
profits
Other
$336,879
income
•
Earnings—
1941
taxes*
tChgs. in lieu of inc. &
*$169,672
$717,963
302,222
income
1942—12 Mos.—1941
$3,188,787 $13,410,485 $12,355,518
1,676,442
7,721,036
5,996,520
284,398
1,151,006
1,080,917
271,256
1,090,537
670,540
1,846,208
*
•Federal
222S
p.
railway—_
railway*****
$314,014
*_-'/**«*L_*
3,148
•/
i-*___*^_*__^i*_^cr*:rt*_t**-'_***
to
reduce
to
market
•
ments
certain
purchase
'
■r
■'
'
'
Balance
of
Dividends
net
charges
excess
represent
profits
taxes
amounts
which
equivalent
would
have
additional
to
been
payable
if
1941.
income
the
com¬
28,800
228,000
Earnings
on
,;
$182,466
stock
Interest
;
Loss
Provision
$0.72
Normal
Assets—Cash
ables
(less
$43,814;
on
deposit
and
advances
$15,800;
serve),.
Hayden
$1,527,896;
miscellaneous
receivables
investments
in
subsidiary
companies);
.
Island
Amusement
$104,962;
reserve),
cash
Co.—stock
,
surrender
secured
and
value
life
of
•
:*_.
$173,232;
converted)
were
amounted
.
depreciation.*****!.*********.
of Federal)/—****—/—*-'-
Provision
for
bad
Provision
for
Federal
demand
on
value
materials,
Wheel
to
$178,998
accordingly,
been
not
for
life
of
and
doubtful
hand,
on
accounts
insurance
$8,548,750;
/*/ _/*—*/.
* *
$145,249
_
trade,
Total
97,064
$242,312
**
Dividends
'*****ii.*rf_*»^***l*l***-/_*:_**i;****i*^JL**/J».iV'
-
Earnings
per
Note—No
share—*/*;__—_*—**//../*_******:/.
common
provision
has been
made or
is believed
Federal excess profits tax,
to be
$1.30
/:/'//
deduct
$5,436,321;
V.
/
$300,000;.
surplus, (unchanged
required for
'/ ;•/;>
1942,
their
156,
'
income
other
2225.
p.
•1942
earn¬
accounts
land
$771,684
$3,040,517
$2,909,465
Dr482
Dr 282
1,083
Dr8l
// $908,540
$771,402
$3,041,601
$2,909,383
.
deducts.**
343,050
354,258
1,381,539
1,430,437
$565,490
$417,144
$1,660,065
$1,478,950
114,016
114,016
456,066
456,066
94,680
94,680
378,721
378,722
$356,793
____**__
*—*__*_—**
$208,447
$825,278
$644,162
Federal
income
have been
taxes
1942.
For
have
in
(These
and
1941
charges
excess
not
taxes
had
reserve
deposit
under
capital
stock:
,;•/
C.;.;''™;/
for
amounts
debt.
discount
Such
and
equivalent
would
benefit
expense.—V.
have
tax
and expense
resulting
been
have
156, p.
additional
to
been
income
payable if the com¬
of deductions for
purposes
from
the refinancing of
credited
to
unamortized
1690.
Keystone Custodian Funds, Inc.—Funds Gain—
Total assets
of
during
1942,
income
the
common
Combined
due
'.'/
amounts
which
the
discount, call premium
debt
with
con¬
class
purposes
long-term
payable—
for Federal
payable—portion
with
of comparison, earnings figures
appropriately adjusted herein to give
adjustments recorded subsequent to Sept. 30, 1941.
represent
profits
had
pany
and
computed in accordance
been
receiv¬
contracts
accounts
customers'
/
502,190
the Revenue Act of
to
$10.19
The
of
of
Keystone Funds increased by about $13,600,000
to the semi-annual report of the series S-2
covering six months ended Nov. 30, 1942.
fund
all the
mission
to
the
funds
series
share
a
$9.03
or
fund
has
for
to
applied
simplify
income
tax
fund
206,324
share
a
for
the
Nov,
on
shares,
101,845
the
to
about
now
are
$42,000,000, comparing
1941.
S-2
change the fiscal
heretofore,
Federal
f'
stock
assets
assets
$924,918.
A
10
according
$28,379,000 at the end of
Net
$1), $257,982; capital
since Sept. 1, 1941), $6,426,953; earned surplus,
dividends paid,
$1,294,169;
total,
$25,821,102.—
/v/:
650,382
224,330
6% pfd. stk._*
7% Jr. pfd. stk.
on
on
Balance
Kelsey-Hayes Wheel Co.,
capital stock of Kelsey
notes
1,045,295
130,511
$909,022
__****_
effect to Federal tax
$1,500,000;
$1,210,206;
for
reserve
1942—12 Mos.—1941
260,851
-
(net)***
Income
Divs.
$4,950,867; cash
$217,774;
inventories of
insurance, $55,000; long-term debt, $3,625,000;
Stock (par $1), $290,285/,class B stock
(par
$207,312
;./.
16,
Only
35,000
V
taxes**
income
&
Div.
divi¬
tract, $300,000; dividend on class A stock payable Oct. 1, 1942, $108,857; sundry creditors,. $219,025; reserve for workmen's compensation
35,000
Surplus
in
283,921
income****
oper.
Net
and
on
of
debt
340,475
published
$319,036;
$2,538,973; accrued expenses,
income, $4,846,669; bank serial
taxes
Sept.
...
with
Int.
$30,000),
$1,535,046;
dis¬
unamortized
$2,982,262 $12,574,170 $10,617,066
1,554,636
7,185,897
5,545,506
264,581
1,078,128
909,523
1,715,165
taxes*'
profits
Gross
cost (less reserve of $47,034), $52,727; due
employees, $26,596; sundry, $7,200; fixed assets (less
reserve
for-depreciation of $4,591,836), $7,405,433; deferred charges,
$340,558; trade name, goodwill and patent rights, $1; total, $25,821,102.
58,000
1941—.
equity
$2,417,115;
of
owned),
Liabilities—Notes (. payable—banks,
Balance, '. Oct.1,
compared
as
the
Company
1942—3 Mos.—1941
_*
receivable—at
mortgages
.25,000
;—L _"**
income*
Net
Other
to
refinancing
$3.04
established.
policies,
stock of
capital
(100%
owned),
Ltd—Canada (80%
Co.,
from officers
73,733
,.<
taxes
Net
870,855
expenses
income
excess
Balance Sheet, Aug. 31, 1942
-
reserve
and
period has
Ltd.—England
i
123,313
debts—
income
(less
raw
$425,296
for
V
j
surrender
(exclusive
current
Assets—Cash
,
Kable Brothers Co.—Earnings-
Provision
the
\
able
Taxes
is- not yet available,
1942,
ings for
.
.
$1,669,424
$3.31
credited
the
tChgs. in lieu of inc, &
dend received of $68,468 included above.
Owing to disturbed conditions
abroad the report of the English subsidiaries for year ended
Aug. 31,
$35,152; reserves to-reduce certain purchase commitments to market,
$28,800; reserves for post-war- contingencies, $50,000; 5% cumulative
preferred stock ($100 par), $750,000; common stock ($1 par), $200,000;
capital surplus, $618,845; earned surplus, $1,105,661; total, $3,832,165.
—V. 156, p. 163..
v'V, .:.v
'
1942
425,000
1,294,169
income
assets
Liabilitios-^Notes" payable
(banks), $500,000; trade accounts pay¬
able,
$248,579;/miscellaneous accruals,; $295,128;
other
obligations,
income
3,400,000
been
$3,283,584
revenues**
—*—**—-**
•Federal
!_*!/*/*//—/*.
.
*
Earnings for the Year Ended Sept; 30—
7,762
550,000
income:
on
.tax;
290,285 shares of class A and 257,982 shares of class B
stocks outstanding. •/ /
' .■ ./
Note—Equity in earnings of the Canadian subsidiary for the year
ended Aug. 31, 1942, converted at the official rate of exchange
(except
for depreciation which was converted at the same rates at which fixed
$7,703;
plant and equipment—cost less depreciation, $715,663; deferred charges, $77,324;
patents and trademarks, $1; total,
$3,832,165.
...-7
./.;/.
•
./
\/
.
Taxes
10,349
$1,815,197
taxes
have
from
expense.
oper.
Operating
•On combined
bonds,
.
Total
950,000
for Federal
paid
•Earnings per share
advances/(less
insurance,
164,891
Dividends
$541,115;
.
and
amounts
resulting
Earnings of
$2,817,077
debt*****
disposal of fixed assets
on
Net
;
$311,436; customers' receiv¬
recoverable (war contract),
(less re¬
hand,
on
reserves),. $313,220;
inventories,
discount
expeiise
and
1,438
$6,328,799
________
Excess profits tax
Balance Sheet, Aug. 31, 1.942
.
count, call premium
long-term debt. Such
82,080
153,253
___*
long-term
on
80,000
.
'".■'/
'
Period End. Sept. 30—
income
37,500
;fV
$0.72
—
*
$181,977
90,000
„
'share*****/:;//***—-.*/.*
u/—*—
——
37,500
—
stock,,*
common
67,083
50,000
profit.
from
Total
profit
common
per
.
'
:
■
had not had the benefit for tax purposes of deductions for
pany
Operating
Dividend
;*____
V
.
•
preferred
on
Dividends,
./
46,312
commit¬
:
•
9,623
60,365
.
excess prof, taxes/*
Appropriation for post-war contingencies*;
Net
—,**_
1942—3-Mos.—1941
$3,491,507
revenues***
expenses
Taxes
'
156,
oper.
Operating
empl. par¬
(est.)
13,719
<
_
Total
& exc. prof,
$566,499
—
Federal-and State inc. and
f
Kentucky Utilities Co. (& Subs.)—Earnings—
Period End. Sept. 30—
■
Other
Depreciation
.
719,954
•$9,041
oper.
ry.
Cost
*
__*-—•
•
108,043
$198,632
taxes
269,729
783,295
profits
long-term liabilities,
$94,500; capital stock ($10 par), $3,954,520; capital and earned surplus,
$4,472,177; total, $9,366,620.—V. 156, p. 1152.
'
Net.
$264,080
43,441
.
*—
69,432
236,521
65,894
from
Gross
1,213,183
1,227,329
;
10,543
26,050
From Jan. 1—
,
$1,477,264
*
—
•****•
6,265
from
Net
1941
.
$3,485,484
.2,008,221
Operating profit, before depreciation**,—:i__
Interest, dividends,; discounts, etc.;——
Foreign royalties
expense
207,626
November—
Net
;
1942
\
income
203,975
18,204
income
Gross
Net
Total
18,875
Liabilities—Mortgage payable in 1943, $13,500; accounts payable and
expenses, $799,760; Federal income and excess
(less Federal tax series notes of
$401,-1501, $32,162;
Net
/
$1,73.9,949
sales..—*
profit on sales—,.
Opera-ting expenses
•>
18,505
**
Kansas Oklahoma & Gulf Ry.-
Fla.<
■-'/
/
$4,496,175
2,756,226
Gross
Interest
$1,135,680
71,340
•Deficit—V.
/..<
:
■-
■.
„
1 ._/———_*
Cost
V.
• "V
Mills—Earnings-—
Aug. 31—
$2,698,685
the
Gainesville,
at
.
Net
(
,
S.
U.
conduct
■
..\
..
the
by
to
637.
p.
$112,321
.._***
ticipation
Master
of -Florida
District
$312,946
security)*
taxes & for
Ry.—Foreclosure—
Special
appointed
Southern
the
4,754,103
costs
$5,889,782
——
Res. for inc.
may
Gulf
&
5,194,562
_**—*_*
Balance
partment of securities of the Exchange.—-V. 157, p. 43.
Herbert
$7,893,248
442,268
,
until further notice, carry
be obtained at the de¬
and
1943,
dividend.
(general)
Fixed charges
Depreciation
Security ruling of the New York Curb Exchange
on
$554,590
507,656
oper.
Taxes
;7 Dividend Ruling—
The- Committee
$820,602
accrued
Bal.
Taxes
-
gages,
1942—11 Mos.—1941
_****—
—
Operating costs
notes receivable, etc., $60,398; properties, plant and equipment
(less reserves for depreciation and depletion of $6,520,945),
$5,963,131;
prepaid and deferred charges, $462,953; total, $9,366,620.
Co.—Earnings-
1942—Month—1941
165
30
Bureau
of
Internal
to end Nov.
year
reporting
were
equal
$2,103,411,
comparing with net assets
shares on May 31, 1942.
of
Revenue
for
of
per¬
instead of May 31, as
distributions for
30
semi-annual
purposes,-
Dividends—
.
..,/
Balan.ce
Assets—Cash
Sheet,
1912
'
Kelvinator of Canada Ltd.
in
and
on-hand
Sept. 30.
banks,'$75,300; "cash surrender value
of $133,000 face amount of life insurance, $33,652; notes and account
receivable
(less reserve for losses of $27,959), $369,354;, inventories,
$304,278; land, buildiiigs, machinery and equipment (less reserves for
depreciation of $1,759,422), $1,133,688; real estate not used in opera¬
tions
(less reserves for depreciation
(pledged),
$23,957;
mortgages
$4,098; total, $1,984,316.
of $8,343).
receivable,
;
prepaid
Salaries, fees and all other exps. for selling and
administration' *-_i-__*^_*_**____—„—_*i_
Interest
vinator
Liabilities—Accounts payable, $190,902; notes payable, $161,597; con/
tract payable,
$1,805; accrued payroll, interest- and other /expenses,
$62,188; accrued Federal taxes-on income, $58,000;-long-term liabili¬
Dominion
.;
,
(.
•
•/'.
•.../••.
$44,711;
deferred
($100 par), $250,000;
$1,000,000;
income,
common
earned surplus,
$207,312;
payable
$658,500
of
144,368
236,999
income
record
Dec.
shares
a
of
one
65
five
of
cents
cents
Jan.
on
577
221,700
taxes
*;**_,**_i___*i_/*_*!!„!!/*_'/_*^_'Provision against loss of Kelvinator,/Ltd., 'Engl.
■'
31.
-/■■"
distribution
cents
of
Jan.
on
made
was
15,
15,600
1,782
135,900
taxes********.;-*/
of
B-3
the
and
eight
67
15,
cents
was
made
On
1942.
the
July 15, last
156, p. 2225.
on
1942.—V.
July
on
S-4
year,
shares
15,
a
against
as
(B.) Kuppenheimer & Co., Inc.—Earnings—
Years Ended—
18,300
•Gross
45,000
profit
Admin,
6%
total, $1,984,316.—V.
holders
On
payment
td Nash-Kel-
15,106
Canada
to
<
last,
Corp.
Provincial
cumulative preferred stock
stock (100,000 shares of $19 par value),'
$7,800;
loan
:/ 1941 V\-
Sundry deductions and income (net)
%
ties,
deferred
on
distributions of 67 cents per share on the Keystone
Custodian Series B-3 shares and of 10 cents per share on the
Keystone
Custodian Fund Series S-4 shares have been
declared, payable Jan. 15
39
1942
expenses,
,
Earnings, Years Ended Sept.
Semi-annual
$456,312
$31,949; hotel property
$8,040;
Consolidated
-
(& Subs.)—Earnings—
and
Oct. 31, '42
—
Nov. 1, '41
Nov. 2, '40
Oct. 28, '39
$1,393,803
$1,006,277
$931,776
$883,568
914,871
—
gen.
873,397
856,079
836,840
exps.,
'
Net
profit
Dividends
151, p.. 418.
:
on
^Earnings
common
—
$159,157
'
—
stock*.^
Nil
share***.—'
per
etc., less miscell, inc.*
$120,323
75,000
Nil;
$1.20
;
Interest
—:
6,485
3,846
5,705
3,695
taxes.—
$255,621
S33.334
112,494
t6,60O
$216,827
$95,700
$57,501
$36,431
67,747
72,000
67,873
68,598
69,423
$3.30
$1.41
$0.84
$0.52
expense
Federal
income
'
•
-
*On
Kansas] City Power & Light Co.—Earnings—
100,000 shares of
;-
;
Period End. Nov. 30—
Operating
Operation
__*****>*'
Maintenance
Depreciation
State,' local'
.:/■
&
taxes.
Federal
taxes
of
Net
in
in
1,725,310
1,654.910
1,582,980
684,850
401,039
2,206,569
146,627
%
145,081
65,880
/
39,327
■
&
income
'—*—-
$400,632
$5,043,86i
$445,110
Brl5,552
$4,656,454
£>r58,734
6,574
$397,779
$429,557
$4,597,720
deducts.
.
134,258
1,611,381
—V.
income
1,626/733
•
157,
p.
•
&
$259,568
Electric
Period End. Nov. 30—
Operating
revenues
Operating
expenses
Federal
taxes
$7,699,305
91,809
66.841
923,519
(100,000 common shares of no par), $500,000; consolidated
surplus account, $641,913; total, $1,953,883.—V. 155, p. 191.
income
sales
52,707
579,878
576,496
and
revenue
*
•After
Cash
31, 1942
—_
60,000
747,500
125
1,500
2,309
$228,683
$208,349
$2,380,827
$2,405,233
948
265
.
715,000
for
i
(net)—.
2,779
on
Assets—Cash
Gross
Net
1
income
inc.
after
$208,6*14
$229,631
Charges.'
applicable
158,962
-
131,975
pfd. stocks for periods
to
*
$2,383,606
1,494,842
Net profit
Dividends
8,879
508,792
$1,330,194
sales
for Federal
post-war
refund
65,317
4,993
*
income and
excess
profits taxes (less
of $3,640)——___—
429,672
$830,213
—
paid
Earnings
1,466,549
Balance
-
156t. p„ ,2225.
$974,058.
—
,
,
v
.
*
$462,690;
$296,353
(
share—*
Consolidated
520,784
$945,765
(
—
per
Assets—Cash,
-V.
of
on
profits taxes.
property,
1941, and $20,576 in
banks
in
excess
depreciation
and
on
hand,
plant
and
equipment
1942.
Sheet, Oct. 31,
1942
$219,857;
receivable
(less
$53,093),
connection
with
payable,
$150,000;
accounts
payable,
$82,946;
em¬
on U. S. war savings bonds, $21,509; accrued salaries,
and commissions, $104,602; accrued advertising expense, $69,057;
accrued State and local taxes, $27,656; accrued Federal and State social
taxes,
security
$15,300;
accrued
Federal
capital
stock
tax,
$6,375;
provision for Federal income taxes, $254,000; capital stock (par $5),
$360,000; paid-in surplus, $1,142,246; earned surplus, $636,725; treasury
common
stock. (6,374
shares), Dr$65,033; total,
$2,805,382.—V.
155,
191.
Lamark
Co.
(Del.)—Consolidation—
at the
Secretary of State's office at Little Rock,
according to an Associated Press dispatch, of the
Southwest Hotels, Inc., and the Lamark Company, a
Wilmington, Del., hotel organization, under the name of the Lamark
Company.
It was authorized to issue 125,000 shares of capital stock
Notice
Ark.,
on
merger
of
was
$1
Rock,
filed
4,
Jan.
of
par
Hot
the
value
each.
Springs,
Southwest
Memphis,
Hotels
Vicksburg,
operated
Miss.,
hotels
and
Kansas
Co.,
Inc.,
in
Little
City,
Mo.
533,860
Surplus
$2,414,112
'
520,784
for
$1,059,959; inventories, $1,062,254; expenditures
spring 1943 business, $22,595; supplies, prepaid
insurance, commissions, etc., $50,189; sundry investment, $4,500; land,
buildings, machinery and equipment (less $512,583 for depreciation),
$386,026; trade-marks and goodwill, $1; total, $2,805,382.
in
v
Dividends
Note—Provision
reserves
p.
„*_—_*—
(Includes $1,100 for
(Includes $994 for prior years, ((Including $826 for prior
and $2,000 for declared value excess profits tax. tllncludes $1,621
prior years and $155,000 for
amounted to $20,245 in
24,350
*
charges
Provision
$9,686,875
7,729,289
________
;
discount
Interest
125
share—!*;
per
deducting all discounts and cost of sales.
prior years.
year,
$1,305,844
income
,
wages
142,950
Total income
res.
62,500
year—
(par $5)
ployees' deposits
(& Subs.)—Earnings—
operating income
Other
587,088
45,942
revenues-
Earnings
on
current,
2 ,633,249
!
cap
Balance
'Consolidated Income Statement, Year Ended Oct.
Net
$6 .919,375
3,066,081
investments
Net oper.
refundable portion of taxes
development and selling rights,
■"//
/.
Depletion
1942—12 Mas, -1941
limited-term
of
"
Net
Co.—Earnings-
231,994
for
paid
stk.
in
Cost, operating and general expenses
Depreciation
1
$620,016
profit
Shrs.
Liabilities—Notes
$3,423,702
264,962
appropriation
Other
$2,986,339
!—
—
Property retirement
Amort,
$295,300
$694,021
*
taxes
Other
•s
1942—Month—1941
—
good
Kendall Refining Co.
43.
Kansas Gas
doubtful
investment
papital stock
•
<
accounts
$5,050,435
138,210
_*__
Net
Dividends
and
Liabilities—Accounts payable
Detroit,
X>r2,854
notes
and accrued charges, $326,916; reserve
profits and other taxes, $161,811; Nash-Kelvinator Corp.,
$2,077;
charges for warranty contracts, $123,325;
reserve for guaranteed service, $7,840;
Nash-Kelvinator Corp., Detroit,
deferred loan payable in annual instalments out of earnings, $190,000;
480,882
.
'
Net
$269,171;
$22,338;
for taxes
46,521
(net)
oth.
for
par value.
Sheet, Sept. 30, 1942
banks,
will,
earned
Interest
in
income, $1,700; patents,
$422,736; total, $1,953,883,
•
rates*
income
Gross
reserve
$356,663;
on
antic,,
tax
income
2,184,968
1,697,284
inventories,
income
operating
Other
'
185,671
(less
Balance
and
no
accounts
of $8,750),
$266,736;
Kelvinator, Ltd., England, at cost
(less reserve of $101,333), $215,000; land, buildings, machinery, equip¬
ment, etc. (less reserve for depreciation of $239,552), $395,055; deferred
rental and expenditures on equipment under lease, $4,483;
deferred
821,962
143,813
-
hand
on
stock of
pharges and travellers' advances,
-V
prof, taxes
accr.
receivable
6,818,754
;
income
Fed.
incr.
7,092,515
--<-856,502
Consolidated
Assets—Cash
$18,600,475
misc.
140,447
State
exc.
71,161
182,091
and
'•*_i__****J—
Additional
.'589,573
73,807
-r
1942—12 Mos.—1941
•
$1,619,737 $19,308,365
646,918
;
____*
Federal -taxes
Federal
!
1942—Month—1941
$1,702,924
revenues.**/
common
Balance
accounts,
$2.10
*
Sheet, Oct. 31, 1942
notes
and
interest
receivable
LaPlant-Choate
for
bad debts of
$16,3761, $723,113; inventories, $1,629,187;.
insurance, officer (surrender value), $65,147; miscellaneous mort-
Cedar
Rapids, la.—Arranges Revolving Credit of $1,250,000—
The
with
(less
Manufacturing
City
of
directors
has
Merchants
board
National
Bank
approved
of
a
Cedar
revolving credit agreement
Rapids, la., and National
New York, relating to proposed loans by said banks to
corporation maturing not later than Oct. 15, 1944, in an aggre¬
Bank,
reserve
this
life
gate amount not exceeding $1,250,000 outstanding at any one time.
THE COMMERCIAL & FINANCIAL CHRONICLE
166
sales
——
Gross
$486,463
49,697
profit
income, $47,585—*—
earned, $2,112; miscellaneous
Interest
Total income
income taxes-—
Net profit
Dividends paid on
Earned
Earned per
preferred stock————•.
1942
inventories,
land, buildings, machinery and equipment (less reserves for
depreciation and amortization of $315,701), $936,731; prepaid expenses,
deferred charges and other assets, $19,922; total, $3,275,867.
$178,470;
notes payable,
banks, $625,000; accrued taxes, Federal, State and local, $227,578;
dividends payable, $12,875; other payables, $129,179; '7%
cumulative
pref. stock (par $100), $100,000;. cumulative convertible preferred ($1
dividend) par $10, $750,000; common stock (par $5), $704,000;,earned
surplus, $542,836; paid in surplus, $5,929; total, $3,275,867.—V. 156,
1328.
p.
vendors,
payable,
V.
$141,191
173,909
1941
$558,822
,140,487
—
*$32,718
$418,335
$327,969
——_——^
19,594
18,217
9,889
*$13,124
2,298
$436,552
68
*
Operating profit
income
Other
is
Federal
Excess
43
tax—————■—
for prior year—
profits
Additional
Net
.
disposal of capital assets—.
income tax——.
on
Normal
29,000
522
—
——V
^Earnings per share
'
Note—Provisions for depreciation on
amounted
,'$272,824
88,068
/,
> $0.62
$0.68
Nil
.
tOn 440,338 shares of common stock
*Loss.
.
at
offered
1940.
Sheet
Balance
at
as
31,
October
Operating
1942
.
$665,000;
payable,
Liabilties—Notes
Taxes
riot
and
$317,632;
accounts,
trade
State
by insurance,
surplus, $762,290;
—V. 155, p. 2281.
capital
$25,000;
common
Net
1943, a total
Broadway, New York, N. Y.
Gas Co.! is successor by
140
"Valley
Lebanon
Lebanon
See
Gas
Fuel
&
1
10
1942
above.—V,
SEC
Dec.
on
30
151,
p.
107.
1,321,511
ended
approved the application
On
;
-
such
of the corporation to
Dec.
24%
and
mission held
against
v.
,
any
156, p. 2307.
On
Jan.
5,
and
:
Vicecom¬
retirement plan.
B. F. Few, for several years a
director, succeeds Mr. Carmichael in charge of
and
F-;F
v.-A
F':F
advertising..
;
;FfF;;
the company announced that W. D. Carmichael,
director,
has
retired in accordance with the
Vice-President
W. A. Blount, a director, has been elected a Vice-President. G. W.
Thompson, Assistant to G. W. Whitaker, Vice-President, has been
elected a director.—V.
156, p. 1504.
;
. •
.V.; ' "e 'r• v;;"
Liquid Carbonic Corp.
1942
,
.
ins. & old age
benefits
for unemployment
Prov.
235,444
187,324
186,596
taxes
185,269
197,866
187,116
insurance
Portion
of
•
123,765
186,727
management
profits
comp. based on
Profit from
operations
Miscellaneous income
—
120,000
165,000
$2,413,140
$3,220,169
496,391
453,199
158,505
$2,018,198
476,728
for
the
53,854
$1,260,533
441,076
$2,909,531
$3,673,368
$2,494,926
$1,701,609
72,202
—
—
94,008
9,619
5,832
Int.
on
—
debentures
inch
amort, of disct. & exp.
Loss on
3,238
136,363
143,949
in
due
the
1,100
131,563
107,218
26,408
Cr2,607
30,835
84,636
income
775,000
825,000
485,000
410,000
175,000
200,000
300,000
22,326
19,199
Prov. for
Fed.
&
Value
for
Prov.
Can.
>
than
Approp. for contingencies
21,045
tOunces.
$1,402,495
$2,127,967
$1,544,558
principal
Emil
York,
'r
C.
Fink,
N.
896,075
700,000
700,000
stock
728,100
728,100
700,000
700,000
share—
$1.80
$2.92
$2.20
$1.62
—
Shares of common
Comparative
Earns, per com.
discount on net assets of Canadian subsidiaries and
transfers of Canadian funds (net), etc.
♦For
on
exchange
t0.37
,
$219,377
President,
and
was
President
Co.,
Mack
He
Motor
the
of
in
New
and
International-
and
Car Co.
President of
was
Vice-President
Mack Trucks
1
Jan.
i
director
a
Brothers
and
Co.
v;/;-"'V
died'on
,
and
Motor Truck Co.
Co.,
pre-
1
//.■"
Motor
depreciation'and
Inc.—Obituary—-v; Vv\
also
Manufacturing
"
•
1330.
.
International
the
Mack-
International-
the
of
director
the'
Mack
of
Canada, Ltd,,'and Second VicePresident and director of Mack Trucks of Cuba.—V. 156, p. 1866.
•
Madison
Square Garden Corp.
Period End. Nov. 30—
Net
♦After
for
depreciation
Federal
excess
(& Subs.)—Earnings
1942—3 Mos.—1941
11 "$219,743
profit,
estimated
and
income
all
♦$101,834
t$193,965
charges,
including provision for
profits'taxes.vi tBefore provision
excess
156, p.
;
1942—6 Mos.—1941
t$274,079 *
other
and
profits taxes.—V.
The
directors
share
both
Bond
1152.
Jan.
3Ldeclared
Dec.
on
addition
in
payable
Fund, Inc.—Extra Dividend—
15
to
dividend
extra
an
dividend of
quarterly
a
holders of record
to
Jan.
of
three
cents
10
5.
cents
share,
per
,
During 1942 the company made four regular quarterly payments
of 11 cents each, and also paid the following extra dividends:
Jan. 15,
two
cents; April 15, three cents,. and Oct,> 15, two cents.—V. 156,
1330.
p.
-
,
Manufacturers'
Stanley
Kite,
and
Co.,
Co.—New Pres.—
Casualty Insurance
for
the
last
two
been
with Hartford Accident &
President
elected
Ohio'
Vice-President of the
years
for 18 years prior thereto
has
of1
the
Manufacturers'
Casualty
Insurance Co., and Arthur E.
Benson,
formerly Secretary
Fire Association of Philadelphia, was elected Vice-President at 5.
meeting of the board of directors on Dec. 28.
'
-
the
of
Deposits Under
Credit
Exchange Offer — See Commercial
above.—V;157, p. 43.-' '
-
Co.
(E. J.)
See
Manville Machine Co., Inc.—Acquisition—
Self
Winding Clock
Marion-Reserve
Co.,
Report—
the
Since
oper.
Gross
Balance
Sheet,
Sept.
At
As
Stock
Government
States
receivable
interest
Accrued
in
>
values
56,570
Plant and
Net
v,,
921
7,921
337,131
(net)-.
5,923
362,782
'
15,493
\
payable —
(payrolls,
Accounts
11,977
—
for Fed. inc. and ex. prof, tax (net)
Federal, State and local taxes-
19,421
Employees' dep. for purch. of War Sav. bondsCommon stock (par $10)
245,130
245,130
970,237
552,928
1,062,161
683,541
$715,843
$723,085
Provision
9,945
——
Paid-in
(deficit)
20,746
921
—
surplus
surplus
Total
•
——
of
tax
notes.—V.
par
a
payable
$25,
Jan.
13
to
$844,831
$41,883
>
The
company
cumulative
This
clears
dividend
preference
up
of
on
Dec.
preferred
all
$1.50,
holders,
Jan.
of
13 and April
p.
13, 90
cents
1240,
stock
on
Co.—Pays Accrued Dividends—
arrearages
Dec.
an
29,
on
extra
this
of
1941.—V.
31,296
4,099
Brl2,865
$41,272
'
"
I,
$502,606
$555,151
available
—
-
161,530
"•
'•V
for
stock
161,530»
13,461
13,461
n.
•;
:
■
-
-
$27,811
$28,422
156, p. 2134.
•j
$341,076
$393,621
r
Street
•-
Railway—Interest—?•
■
.
.
,
.
Bank & Union Trust Co., San Francisco, Calif.—V. 156,
■■•...
Co.—Special Offering-^-A special offer¬
ing of 1,650 shares of common stock {par $1) at 23%,
made by Riter & Co. on the N. Y. Stock Exchange Dec.
was quickly oversubscribed. Commission was 75 cents
share.
Bids were received for 5,070 shares, and allot¬
30,
ments
were
made
totaled 565 shares
on
a
32.5%
basis.
and smallest
2134.
p.
was
Largest allotment
10 shares.—V.
156,
\
of $3 per share was recently declared, payable Dec.
stockholders of record Dec. 15, 1942,
55 West 44th St., New York, N. Y., is President.
dividend
1942,
31,
share on the
record Jan. 6.
29 paid a dividend of $6 per share on the
stock, par $10, to holders of record Dec. 21.
plus
271,250
-
26.803
$5
on
1690.
A
per
and Oct. 13, 50 cents.—V. 156,
Ludlow Typograph
271,250
-v' ::
335
260
Metropolitan Advertising Co., N. Y. City—Dividend—
dividend of 65 cents
Payments during 1942 were as follows:
389,224
$66,645 --'$804,758
'22,604
>
2,059' '• '>•• 2,433
stock
of Wells Fargo
1152.
p.
207,376
432,216
281,341
Quarterly interest at the rate ol 5% per annum is now being paid
on the first mortgage 7% sinking fund gold bonds, series A, due
1940,
on presentation of bonds for stamping.
-Interest is payable at office
a
Light Corp.—65-Cent Dividend—
directors have declared
stock,
156,
219,246
$66,806
1,1,
^
income
Master Electric
$18,050
14,039
46J500
$11,140
etc.)———
375,209
18,984
34,807
22,604
(net)
Market
.
—;
items
539,060
35,143
debt
accrued
33.010
.i
$723,085
$715,843
———
Liabilities—
1,692,467
302,380
51,977
notes
common
^
27,463
66,843
19,974
—
$3,790,448
1,816.164
'
—V.
101,679
—
——
$4,113,824
-
31,956
'
.
-
serial
preferred
p.
Total
26,092
'
insurance
equipment at St. Louis, Mo.
Deferred charges
108,329
29,598
—
life
mtge.
Balance
79,972
and remnants at estimated
—I——„
of
reserve
deductions
on-
[
$3,764,356
.25,797
21,704
retire,
Dividend
25,000
—
value
on
Other
1942—12 Mos.—1941
3!>V'
prof.
excess
earnings
Interest
v
1941
securities
Supplies and materials-:
Cash dep. for purch. of War Sav. bds.—employ,
surrender
Int.
•
26,675
Maintenance
Net
.r
F
'
'
.
^
Prov, for
151,502
.
$4,088,027.
$336,904
'155,187
taxes
&
,
1,425
,
$357,490
revenues
Inc.
•
$335,479
"-1,722
taxes
$64,992
71,258
receivable——192
process
realizable
Cash
30
$56,885
$355,768
.
Income™
•.."'-'V
hand————
on
Fed.
below..
Co.—Earnings—
1942-^Month—1941
revenues—
Non-operating
Inc.,
Power
Period End. Nov. 30—
states:
'
^
1
1942
in banks and
Accounts
$6
———1—,
concentrates, produced
and
Motor
Plainfield
" '
*16,642';
;
Chairman
Y.
Fink
Mr.
Co.
F"yV„F^FV^fFfFF:
and $5.67.
•United
,
V
^:
Vjjj: C
; V; i
that the operating profit for the half year is,not less
Mack Trucks,
the
of its $26,000,000
2003, and to apply
Assets—
$1,137,326
910,125
profit
Dividends
v
——„—92.47
bullion
of
Harry
to
D.
Adair,
Mexican Light & Poiver
Co., Ltd.—Earnings—
(Canadian
Net
I
Up 11%—
1942—11 Mos.—1941
$90,000, before making provision for taxes,
General
each; July 13, 75 cents,
100,000
miller—————
ore
funds
Operation
The
19,333
The
Government
$5,088,827 $30,553,991 $26,115,412
recovery—^.—
production costs.—V. 156, p.
E.
last meeting of stock¬
aggregating $3.75 per share have been made,
cents per share on Jan. 12, $1 per share on April 20, 75
cents per share on June 25, and $1.25 per share on Sept. 26,
1942,
These distributions have been charged against capital surplus.
The St. Louis bleachery for the 12 months ending Sept. 30 showed
net
income, after depreciation' charges, of $270,546.
This amount
compares with $202,888 in 1941 and $90,071 in 1940.
After deducting
administrative expenses and reserves for Federal income and excess
profits taxes and Missouri income tax, and after adding miscellaneous
income, the net earnings of the company were $131,161, or approxi¬
mately $5.35 per share.
In 1941 the comparable figures were $138,-
capital
minority interests.
of
Can.
namely 75
Lowell Electric
Propor. of profits appric.
to
in
•Tons.
of
Watson
possible losses
inventories
on
for
.'.,;F
——'
It is estimated
,
amount paid
an
Lester
•Exclusive
income taxes-
President.
as
alcohol
of
Operations for 6 Months Ending Oct. 31, 1912 1
grade of
Percentage
the Interstate Commerce
purchase $2,500,000
bonds due in
to
Lowell Bleachery, Inc.—Annual
62,000
♦Adjustments
remain
2133
milled
ore
Average
290,000
Fed. & Can. exc. prof.
assets
the
announced
30,
1942—Month—1941
$5,647,926
;
Casualty Co.
18,821
ital
43.
p.
p.
Indemnity
to $22,000,000.
applied to
company
the
reduced
which
1950,
outstanding
authority
provisions
of
President
Earned
disposal of cap¬
Guthrie, who will
in the manufacture
' ■:'
'
Lewis
engaged
Mill
FFiv%' F
2133.
p.
——
—
S.
is
holders four distributions
Other
Int. & expense on notes
payable, etc.
156,
still
Associated Electric
Accrued
Profit
by
157,
156,
Tons
the basis of
have been made on
—
Prov. for pensions, group
Dec.
on
surtax and excess profits tax for
tax,
1942,
Deposits in savings banks and special accounts
(& Subs.)—Earnings—
1941
1940
1939
Net sales ———I—— $21,250,666 $23,626,409'$19,123,556 $17,193,840
Gross profit before depr.
10,928,710
8,955,824
7,689,726
9,458,895
6,319,429
5,602.863
4,681.352
5,645,376
6ell., branch & adm. exp.
778,495
802,546
838,922
858,666Depreciation
Sept. 30—
President,
Jr.,
company-of
The
———
Total
964
than
to
McMarmac Red Lake Gold Mines, Ltd.—Operations—^
,
the sinking fund.
\
F:>'F"''F.%FF
the new tax bill a corporation is allowed
in debt retirement to reduce its post¬
credit and in turn to reduce its excess profits tax.—V. 157, p. 43.
Cash
Years Ended
31,
3 announced the retirement of $8,000,000 of its
A,
issue
last,
19,
40%
See
vF";-vvFv
employee
pany's
$2,781,932
purchase
Liggett & Myers Tobacco Co.—Changes in Personnel—
President
:
the
1,437,762
$2,959,533
Louisiana Public Utilities Co.—Sale Approved—
trustee.
that
applied
acquired bonds to
use
war
price of 23% per share
net asset value per share and the closing market prices
24%, the dates of the respective agreements.
The Com-.,
that the proposed purchases do not unlairly discriminate
other holders of the capital stock of the corporation,—
stated
series
that
of
Under
to
shares will be purchased from Adele R. Levy and
common
Commission
is below the
of
1,000
Orschel,
E.
The
normal
Oct.
Act.—V.
Revenue
$4,219,694
$4,281,044
—
outstanding first and refunding 3%%
a
additional
Albert
207,002
—___...——___——
bonds,
3V2%
be
to
McLellan Stores Co.—December Sales
$4,006,984
212,710
$4,074,042
—
:
—
months
amount
mature not later
and
1943,
1,
are
110,357
Louisville & Nashville RR.—Retires Part of Debt—
'
1
Co,—Bonds Called—
Co.,
—:
—
income
the
total of 6,000 shares of its own capital stock at a price
of 23%.
An aggregate of 5,000 shares is to be purchased, in. blocks
of
1,000
shares each, from Julius Rosenwald 2d, Joan Rosenwald,
Janet Rosenwald,
Robert L. Rosenwald,
and Helen R. Snellenburg.
An
739,267
105,344
—-
deductions
the
notes
Robbins, Inc.—Expansion—
this
Inc.
distillery
1,157,950
1,095,852
2,059,097
—
—
income—.
F* Provision for Federal
consolidation
and
Corp.—Purchase of Stock Approved—
Lehman
The
—
profits taxes—
income
Commission
purchase
;;
;
The company on Jan.
Lebanon Valley Gas
>
directed
use.—V.
*
merger
Fuel Co.
to Lebanon Gas &
Net
Feb.
the controlling interest of Fairfield
distillery, which is located at- Bardstown, Ky.,'
owns
warehouses
with
a
capacity
of 90,000
barrels,
a
complete
bottling plant and a substantial amount of bourbon whiskey.
FFF
Its
operations
will
be
continued
under
the
same
management,
per
•
of March 1,
&
Murray,
by
Distillery,
1,429
1,436
1,150,496
1,095,071
taxes)-———————
taxes——
income
Gross
of first mortgage 5% 50-year gold bonds due in 1956 at
and interest.
Payment will be made at the Guaranty Trust Co.,
105
acquisition
561,058
1,451,500
investments——
limited-term
taxes
operating
Other
$440,338;
total, $2,963,817.
Called—
called for redemption as
been
have
J.
Manhattan
$100,000
trustee,
of
excess
Income
Lebanon Gas & Fuel Co.—Bonds
There
626,491
1,591,000
(par $1),
$533,61*);
surplus,
earned
stock
$2,200,000
McKesson
wages,
covered
Of
—
——
income
dated
be
Interest will be at the rate of 2% %.
of
William
$15,907,630 $13,148,475
5,204,653
4,024,077
—
(other than income
1941
1942
;
*Federal income
sal-
to
are
1958.
payment and
cancellation of $2,200,000 of the outstanding notes maturing Feb. 1,
1943.
If the company shall have received delivery of the turbine now
on
order and shall have issued an additional note maturing Feb. 1,
1943, in an amount not exceeding $300,000, proceeds of an additional
like principal amount 15-year notes are to be applied to the payment
of this note.—V. 156, p. 2307.
—V.
(& Subs.)—Earns.
:
31—
revenues
Amortization
$124,084; Pay roll taxes, $24,677; miscellaneous ac¬
counts payable, $40,189; accrued taxes and interest, $21,782; Federal
taxes on
income
(estimated), $9,209; reserve for employer's liability
aries
Oct.
Depreciation
*Federal
;V" '
1,
Proceeds
will
name,
F
Maintenance
accounts receivable
employees, $6,619;
Feb.
acceptable prices
be given to
Operation
deposit and on hand, $117,339;
on
sale to
for
the
15-year notes in an aggregate
if the company shall have
more
or
delivery of a certain turbine now on order, and not exceeding
if the turbine has not been delivered.
'
notes
will
by lot.
Ended
Year
U. S. Savings bonds
(less reserve of
$50,000), $617,805; inventories $796,918; investments and other assets,
$2,995; property, plant and equipment (less reserves for depreciation
of $1,074,224), $1,409,375; deferred charges, $12,766; total $2,963,817.
Assets—Cash
lield
The
preferred
Louisville Gas & Electric Co. (Ky.)
buildings, .machinery and fiflUip1941 and to $77,249 in
of one
exceeding $2,500,000
not
$2,200,000
Brunswick
$84,872 in 1942, $77,916 in
V
to
its
C:;:
F
($1 par).
controlled by the corporation of the same
of
tenders
determined
——.
$300,962
176,135
*$22,922
paid ———————44,034
Dividends
V
62,500
——
taxes
profit
raent
——
106,000
received
Public Utilities has approved
Department, of
company
amount
Period End. Dec. 31—'
to exhaust the $2,000,000 available,
a call
for partial redemption to be
F:t;;F'. :;F
F:^-F-:y:FF<
i'\ ■ Most of the funds used for purchase and retirement of preferred
stock, the company explained, have come from disposal of timber and
fixed assets.
M. B. Nelson, President, disclosed that as of Dec. 31.
the company sold uncut pine timber and a mill site in Klamath and
Lake Counties, Ore., making $2,154,000 available for the sinking fund.
Three days previously, Mr. Nelson said, the company closed a sale for
approximately the same amount for purchase of a large tract of
timber, chiefly Douglas fir, in Polk County, Ore.
The acquisition added
to reserves for the company's mill at Longvlew, Wash.—V. 156, p. 1504.
$337,858
,,
753
1.781
7,500
:
Interest expense
Loss
——
income
total,
$1;
by the
principal
•
company,
for
consideration
Total
.
goodwill,
stock sufficient to exhaust $2,000,000
which has been placed with Halsey,
Stuart & Co., Chicago, sinking
fund agent, it was announced on Jan. 4.
In 13 months the company,
has placed $5,500,000 with the agent for retirement of preferred stock.
Tenders on preferred
stock will be accepted to Jan. 20 at prices
not to exceed $115 a share, or $105 call price and accrued dividends.
Tenders at the lowest prices will be accepted.
If insufficient preferred
1940 $458,193
130,224
1942
Years Ended Oct. 31—
.
Selling and administrative expenses
$231,466;
Long-Bell Lumber Co.—Asks Stock Tenders—
ask
Co.—Earnings—
gales, less cost of products sold-—
etc.,
payable,
Massachusetts
The
issue
Sales
This
Lakey Foundry & Machine
$44,312;
156, p. 2133.
'"'-V
A
■:
whichever
$504,250; accrued payrolls, $56,844;
accrued portion of management compensation based on profits, $131,068; accrued real estate, general and social security taxes, $249,477;
accrued commissions, $125,447; Miscellaneous accrued liabilities, $154,672;
customers' credit balances and deposits, $216,090; reserve for
income and excess profits taxes (less U. S. Treasury tax savings notes
series C held for
payment of taxes of $1,000,000), $326,778; notes
payable to bank due April 1 and Oct. 1, 1943, $350,000; dividends
declared on preferred stock payable Nov. 1, 1942, $33,750; notes pay¬
able to bank, $1,400,000; general corporate purposes and contingencies,
$450,000; pensions and group insurance, $873,443; minority interest
in capital stock and surplus of subsidiary companies, $205,315; 4*/a%
cumulative preferred stock, series A (30,000 shares of $100 par value),
$3,000,000; common stock (728,100 no par shares), $10,921,500; capital
surplus, $2,366,149; earned surplus, $6,200,063;' total, $27,564,847.—
$11,261;
Liabilities—Accounts
cost
properties,
of
Liabilities—Accounts
$133,540;, accounts receivable, less reserves, $579,900;
$1,594,512; value of officers' life insurance,
Assets—Cash,
merchandise
market,
or
companies not consolidated,
(less reserve of $3,443), $15,246;
general taxes,
licenses,
premiums,
$1-46
—'
——'
Sheet, June 30,
Balance
Lynn Gas & Electric Co.—Note Issues Approved— '
$27,564,847.
$205,566
stock——— v——
share on common——.
1942
post war excess profits
tax
refund credit
(est.), $15,000; loans to employees, $5,713; land,
buildings, machinery, equipment, etc. (less reserve for depreciation
and
amortization
of
$10,500,833),
$11,374,342;' prepaid
insurance
sale
from
due
amount
$250,066
44,500
——-———
——.
common
on
—
—
cost
approximate
at
other investments
$54,612;
$436,066
186,000
taxes—
Profit before income
Federal and State
30,
lower, $1,220,376; investments in affiliated
$92,235—100,094
paid, $7,860; miscellaneous expense,
Interest
at
valued
inventories
other
$536,160
;——-—
—
—™
Sept.
Sheet,
Canadian
4,751,452
amortiz.)
sales, expenses (inch depr. &
of
Cost
Balance
Assets—Cash in banks and on hand, $3,226,391; United States and
government securities at cost, $3,551,527; notes and accounts
receivable (less reserve against receivables, $582,535), $5,470,128; inven¬
tories
(less reserve for possible losses of $500,000), $2,355,733; all
$5,237,915
—
*
-
Consolidated
1942
Account, Year Ending June 30,
Income
Net
Monday, January 11, 1943
issue.
$2,
151,
were
p.
The
last
distributed
3893.
Period End. Oct. 31—
Gross
earns,
Oper.
exps.
Currency)
1942—Month—1941
1942—10 Mos.—1941
oper,
$956,506
$922,465
$9,433,914
and deprec.
676,999
606,235
6,366,907
5,972,323
$279,507
$316,230
$3,067,007
$2,053,953
from
$8,026,276
quarterly
on
the
Net
-V.
earnings
156, p. 2226.
THE COMMERCIAL & FINANCIAL CHRONICLE
"Number 4141
157
Volume
stock,
common
payable
$1,
par
Feb.
to
1
Jan. 6.
15 and July 15,
of
dividend
A
cents per share
45
,V.
156,
1054.
xv'77,
■
Int.
Int.
November—
from railway
,V
$1,204,971
from
Net
Net
ry.
$864,804
$793,580
422,444
Gross
157,049
180,153
77,420
8,898,387
2,216.533
1,212,519
8,480,684
1,948,976
951,183
317,937
income—
oper.
from
68,394
•
from
Net
Net
ry.
—V.
3,779,699
2,731,212
railway;
income—
2134.
oper.
156,
p.
9,876,934
2,381,688
,1,373,168
12,273,629
railway—..
from
Net
ry.
1940
575,714
454,688
586,442
income.. —77
int.
and
charged
$6,194,160
£»rl,795
38,386
$6,524,850
Dr2,448
Gross
77 358,167
130,709
Net
ry.
income.
oper.
11,354,296
9,520,523
7,174,886
5,699,302
„
1,863,948
1,879,640
Total
income
44,125
529,495
495,244
7—
529,495
Selling,
service,
Crl0,793
44,125
35,321
87,976
—
——
——
522,787
$3,343,859
Net
and
sales
of
Cost
957,534
Other
3,055,396
187,964
194,498
1,637,825
76,921
expenses
187,932
98,187
910,374
revenues-
Operating
Other
taxes
taxes
———
•
62,500
77 68,452
755,952
Net
the Revenue
required by
Sept.
571
7,131
.
Act
Net
profit
credits
for
———————
income
Int.
Int.
charged
5,783
constr.
Cr3,508
from
.
—
normal
♦No
and
tax
surtax
$102,607
•
«.♦*■
.
.
Sept.
investments
$51,200;
$695,065;
U.
S.
30,
Treasury
receivable
accounts
$212,263;
from
due
-7'
Sept.
$458,107
$285,907
reserve
due
tax
of
notes
(less
series
doubtful
for
from
$156,663
990,825
-
rights,
Balance
$531,514
—
156,
and
A
$2,920;
$685,582
Mississippi Central RR.—Earnings—
November—
from
Net
Net
ry.
•
'• •
railway——
income
oper.
From Jan. 1—
■
1941
,
'
-*v
29,013
10,383
1,080,792
300,519
155,529
751,361
790,998
;
1939
$77,925
18,999
40,660
68,195
7'.i-7
91,890
*18,987
$4,536,172
-
•* .7.)/
195,260
200,842
2,123,017
2,075,313
36,000
31,000
427,000
366,000
97,818
51,918
558,939
taxes-
335,354
175,581
prof, taxes
150,605
Federal
income
liquidation,
W;
.♦
sales
$50
surplus,
share)
a
income
other
7
$85,179
$57,172
77
23,644
279,700
on
?.
$61,921
—■,
stock
pfd.
469,835
$661,556
and
20,693
mfg.
Admin.,
Balance
>
252,271
Amort, of
-V.
156, p. 2134.
*' v'('7'
1941
November—'
from
Sross
$108,740
$112,964
$111,075
7- .7-6,917
13,919
8,734
*12,728
*5,383
from
facilities
book
for
Provf
Met
7:
from .railway-:
Met
ry.
oper.
1,241,107
.234,375
1,100,306
1,011,432
218,432
209,903
*48,292
57,360
73,452
305,084
*
49,799
2041.
income
;
156, p.
■"Deficit-loss.—V.
to
for
1939
$4,033,624
4,854,730
3,213,742
Net
from
Net
Net ry.
from
Net
Net
'
income
,
156, p. 2041.
.
$208,243
101,487
' 39,609
40,548
40,548
1939,
$204,292
7 7 97,181
63,006
-v.
,
2,446,672
1,168,790
777526,240
'.
2,044,789
909,949
558,295
1,594,093
railway-
oper.
ry.
—V.
7
railway— 7-3,041,948
from
Gross
i.
*18,556
7 .7,
1940
$236,667
107,718
7 ,,168,173
income
From Jan. 1—r.
1941 >7
1941 -
—>7.-
7 $313,085
railway
oper.
1942
;
-
railway-
from
Gross
*
'.
646,344
511,421
362,114
,7440,181
2,075,055
977,629
-.v.
587,329
revenue
Operating
expense—_
1
Federal
taxes
for
Prov.
depr.
&
3,435,627
5,862,444
4,522,219
678,781
732,909
874,326
$1,258,210
$780,438
184,764
180,630
$506,711
173,186
621,200
1,486,200
-
9,468
for.
,
7
,
<
9,468
,
-
.
9,818
,
1,080,000
1,465,000
1,423,000
809,378
1,177,660
1,073,325
887,481
.
$611,804
year—
,
$2,087,150
$2,245,096
$2,935,976
$3,097,560
Z)r2,243
8,382
Dr23,243
21,491
income-
s
Net
etc.,
7
income
Preferred
dividends
$603,979
$474,340
and
credit
-
$263,707
7
A
dividend
$553,662;
25 cents per
of
...
In
the
net
ended
mately
'the
Sept. 30,
$791,248
$965,076
•
income
for
the
9
and
12
months'
periods
does not include a post-war refund of approxi¬
taxes which may he available on
and which is to be evidenced by
1942,
non-interesting-bearing U. S. Government
until after the war.—V. 156, p. 1867.
bonds
restricted
as
to use
7
'
V
Sales
V.
7 7
————
157, p.- 43.
-•
.
;
1942—Month—1941
"|
86,371,566
•
1942—11 Mos.—1941
<jj
-
$
the
against
prohibited
of the
from
&
—
_
$971,128
800,000"
$1,090,069
600,000
.
—
800,000
$800,392
700,000
on
$2.96
in
1942
and
$5.45 .;;
.
7:;-$4.85
1941
$153,500 in
($4,605)
Federal
for
$4.00
profits,
taxes,
tln¬
excess
of
reserve
investments,
1942
v
securities,
$643,125;
S. Treasury notes, $1,350,160;
receivable (less reserves of $36,656),
profits
excess
31,
$2,390; U.
and accounts
(less
Oct.
S7 Government
U.
securities,
inventories
and
Sheet,
$1,815,493;
on
$100,000),
tax
$21,850;
for depreciation
$868,414;
(estimated),
post-war
$12,000;
plant
property,
and
sundry
equipment
of
''
.
including
payable
accrued
(other
taxes
payroll,
$67,233; customers'
income), $47,323; Federal
than
income
on
(estimated), $1,155,000; reserve for post-war adjust¬
contingencies, $267,151; common stock (200,000 no par
and
Nashville
surplus,
$3,460,006;
total,
,'•"«!
j
$6,044,841.-^7 ,-;v7:7 I
Chattanooga & St. Louis Ry.- -Earnings— J
November—
Gross
Net
from
from
Net
ry.
1942
payable
•
on
on
from
Net
Net
Mountain
&
Essex,
Operating
against
the
the
U.
common
road
S.
to
collect
the
court
has
/•
oper.
Operating
expenses
Operating
rev.
taxes
Telegraph
1942—Month—1941
$3,029,140
revenues
9,825
2,023,987
452,390
223,760
101,250
27,627,333
17,794,196
14, 080,033
13,627,144
9,719,301
4,970,411
2, 915,401
,3,062,965
5,116,164
2,963,672
1, 705,494
1,922,299
,
income
156, p. 2041,
■'v
••
7
(less
'
Co.—Earnings—
*7--
•..■•••'
•
/
'
,
:
Total
sales
income
Net
156,
and
—
—
issued
on
sales—7.
27,821,786
19,417,309
$4,851,931
$2,610,680
408,892
—
—
344,913
'
——:
maintenance—
i
200,000
■
Maintenance of idle plant (less rents received)Interest payments
Profit
122,327
69,819
37,433
$4,043,318
$2,059,908
capital assets sold or scrapped
on
Reserves
for Federal income taxes—
48,347
—
commitments and contingencies
Reserve for
46,099
118,382
;
—
Net loss
Co.—Earns.
11,520
(less receipts)—
Miscellaneous taxes
?'
.
profit
Provision for deferred
a
80,986
2,635,000
510,000
115,000
•;
1942—11 Mos.—1941
$2,497,572 $31,117,561 $27,008,240
8,125
103,545
86,155
1,686,642
20,344,803
17,660,951
406,952
6,243,806
4,738,668
$542,938
$395,853
$4,425,407
Net
profit for period
of
Surplus at beginning
————-
269,242
2,918,264
$1,359,971
$7,576,830
adjust., prior years (net incr.)..treasury stock purchased
47,004
•
$6,504,962
97,562
3,158,416
Discount
Total
on
———
—
1__
7,140
48
$7,630,974
—
Reserved for contingencies-—____—
$6,602,572
92,000
C.)
shares of common stock (no par) at
share, less $1 a share to NASD members who
Balance
7————
$7,538,974
—
771,480
$6,602,572
385,713
Surplus at end of year——————
$6,767,494
$6,216,859
—
—
'
Dividends paid
offering of 1,550
$62.50
$1,353,922
5,151,040
6,216,859
year
Total
$4,522,466
Murphy & Co. — Secondary Offering —
Mellon Securities Corp. on Dec. 23 made a secondary
(G.
7,
$32,673,717 $22,027,989
—
inch selling and adm. expense—
Depreciation
income
2226.
p.
1
.
——
of sales,
Gross
District
263,865
income
oper.
•
-..v"
Nov. 1, '41
returns,
Miscellaneous
Net
7-
-7-7
Oct. 31,'42
"
discounts and allowances
>
v
and adjustment provision for bad debts)—— $32,659,012 $22,027,667
Royalties and sundry income
14,705
322
;
York,
7:.'..
&
189,866
Nashua Manufacturing
Jan. 2 to stockholders of Morris
that date under the lease.—V. 156,
States Telephone
183,930
641,572
railway
railway
oper.
ry.
V.
A similar distribu¬
in
RR.
New
.
$1,232,180
368,838
Payment Enjoined—
of
;.:-7.7- 7,;. .7;';
1939
$1, 434,294
339,882
income—..
oper.
from
Gross
compared with 50 cents
as
1940
$1,722,482
1,629,532
Years Ended—
the
on
■1941
$3,486,815
railway
railway
From Jan. 1—
156, p. 1330.
Government
Western
Morris
paying
rental
: ■■•-: ■.-■•
.
85,269,407 634,358,509 632,425,267
;/
250,000
shares), $1,000,000;
earned
V.' 156, p. 2041,
',
"
temporary restraining order under the terms of which the D. L. & W.
—V.
Montgomery Ward & Co., Inc.—December Salesperiod End. Dec. 31—
102,356
1186,028
.7
stk.
com.
$48,128;
credits,
510,803
$90,000 of excess profits
of preliminary studies,
basis
31, last,
District
Southern
344.
$639,564
the
by
Lackawanna
the
for
assessed
taxes
brought
action
an
Uncollectible
Note—Consolidated
share has been declared
RR.—Dividend
Essex
&
Delaware,
Essex
$495,772
—-
'
total, $6,044,841.
Cost
Morris
Period End. Nov. 30—
Balance
ad-
$690,000
of
ments
value -of life
insurance,
(trade), $1,331,650; inventories, $1,922,958;
share paid in preceding quarters.—V.
&
$1,475,879
215,500
$1,084,323), $780,241; prepaid insur¬
and taxes, inventories of office and advertising supplies, $41,668;
taxes
cash- surrender
tion was made on this issue on Oct.
per
p.
510,803
*582,613.
Liabilities—Accounts
Balance Sheet, Oct. 81, 1943
stock, payable Jan. 30 to holders of record Jan. 15.
1,643,172
$1,302,051
10,711
share
7
$3,119,051
383,102
88,549
12,178
$592,263
reserves
ance
for post-war
payable (trade), $527,287; dividend payable,
2, 1942, $33,721; accrued payroll and other expenses, $175,811;
capital stock, State and social security taxes, $164,637; Federal taxes
on
income (less U. S. Treasury tax notes of $1,303,230), $656,770;
reserve for contingencies, $300,000;
sinking fund requirement for Jan.
1, 1943, $146,787; capital stock (22,481 shares class A and 55,000 shares
class B, no par) and surplus, $4,149,360;
total, $6,154,374.—V. 156,
P; 164>
1,610,682
$1,022,666
$1,285,887
85,561
taxes—*1,142,529
per
notes
(less
Liabilities—Accounts
$2,912,733
$878,874
$1,088,776
$1,770,422
82,342
100,340
Balance
trade
Nov.
1,230,812
■
$1,067,089
21,687
—
interest
/.refund
.
(employees and sundry), $6,629; post-war refund
profits tax, $69,000; plants and equipment (less reserves
and amortization of $2,498,017), $2,069,287; prepaid
taxes, insurance premiums, etc., $105,910; goodwill, trademarks, etc.,
$1; total, $6,154,374.
$2,253,478
383,102
—
$1,271,734
-14,153
dividends.
($509,499;
116,000
depreciation
1,206,033
deducts-
13,328
—$2,167,474
Assets—Cash,
,
,
!
;
1942 excess
$2,084,907
income.
Gross
$1,757,094
accounts.receivable
of
was
Interest,
857,672
\
credit of $387 over provision
for prior years'
additional taxes for prior year's net amounting to $1,028.
accrued
Oct.
$95,277; accounts receivable
Court
Operating
i
Non-operating
-7' 7.:
937,213
12,843
1
.
7 60,000
..
15,000445,000'
1
'
/;
9,468
f,
243,822
♦1,891,000
taxes—
.
789,000
1,138,500
depl.
$2,208,947
and
cludes
•
911,853
1,249,400
taxes .——
Other
1942—12 Mos.—1941
4,433,589
inc.—
on
7:. ' '
$1,924,762
<•-"...
par)
(no
(John) Morrell & Co.—25-Cent Dividend—
$8,924,210 $13,801,606 $11,816,957
$10,474,901
Operating
-Maintenance
;
,
994,612
'profit
♦Includes
totaling $6 per share were paid during the; fiscal
31, 1942 on the class A shares, and $4 per share on
•the class B. common shares.
ended
year
1
.
1942—9 Mos.—1941
Sept. 30—
'
$2,751,706
—
200,000 shrs.
313,171
,
-i-—
income
Net profit for
Monongahela West Penn Public Service Co. (& Subs.)
Period End.
7939
$2,154,631
post-war
Earnings
Sales
7
insurance
1940
$3,027,793
—
Fed.
Common
$819,882
value
reserve
contingencies
Federal
for
Missouri Illinois Ry.—Earnings—
November—^
plant and
•'>.
justments and conting.
1940
$1,142,552
,
Assets—Cash,
railway
customers,
taxes,
7.V77v'v.: ;7::7-v7;.-,/:':,....7
1
profit——
income
Prov.
'/•' V\' ''
$2,967,684
197,109
14,481
-
—
8,386
1,553,937
ry.-oper. income—
From Jan. 1—
"':7.
•
gen.
income
Total
26,394
Met
Tross
1939
:
29,978
.
for
property,
1941
•
873,162
Depreciation
Other charges
Note—Dividends
1940
1941
.7
$168,947
railway
railway——7
from,
Set
1842
'
'
>,
patterns
$70,328;
$1;
1942
labor
and
Operating
Other
and
$5,997,282
-:7 7
•
♦Includes $1,610,000 for excess profits taxes
refund of excess profits tax of $69,000,
,
Missouri & Arkansas Ry.- -Earnings.
and
will,
.
deprec.
—
war
in
of land
$58,427
$413,240
$12,834
37 $41,228
1942,
$1,274,645;
de-
exp.——
sell,
7 receivables
•
dies
assets,
good
accounts,
expenses
$1,769,631
.
bef.
Reduct.
.
$310,698
248,316
$33,527
;7 20,693
;
other
of sales,
materials,
tax
Profit
$780,534
.
$3,614,026
etc. (net)
Addition
Income
in"
$672,392
Aug. 31, 1943
in-process
and
$8,985,069;
after
■
cost
incl.
Co.—Earnings—
1942
prof. bef. depr.
Selling and adm. exps.
Depreciation
$941,257
23,257
—
deducts—
profit
ducting
total,
$285,907;
'7;,.
—
Gross
■
Net
tVMfg.
558.505
expenses—.
depreciation-
taxes
Dividends
in
$675,000;
par),
Moore Drop Forging
$3,955,932
for
&
(no
.
$340,932
—
General
Gross
etc.,
1942—12 Mos.—1941
1942—Month—1941
Operating
Int.
(preference
$11,648,826
$8,064,627
Cast of goods sold, bef.)t
7 ■<•> 7- 7-'7v>
depreciation
8,034,798
; 6,294,996
$414,257
revenue
Federal exc,
files,
furniture, fixtures,
149, p. 3878.
Years Ended Oct. 31—
Mississippi Power Co.—Earnings—
Prov.
shares
$1,475,956.—V.
■
*38,556
dividend
common
cumulative
$3
Net
Gross
statistical
$73,994;
to
amounted
1940.
shares in treasury participating preference (no par),
(including 2,600
.
Period End. Nov. 30—
system,
equipment
60,000
:P.v-1,494.676
Net
from
railway——
593,086
Net ry. oper. income—
340,958
"Deficit.—-V. 156, p. 2040.
-7
rating
tlncludes
(F. E.) Myers & Bro. Co.—Earnings—
payable, $9,693; accrued taxes (including Federal
income
tax
of $105,131),
$118,301;
unexpired service
subscriptions,
$379,054; reserve for contingencies, $8,000; capital stock 60,000 shares
-
railway
from
Gross
1940
$96,003
$157,416
67,827
33,144
goodwill,
$0.90
contract,
Liabilities—Accounts
$87,639
22,043
10,381
1942
:- * 'v
-
railway
from
Gross
finished and
Years End. Oct. 31—
(less
reserve
for
depreciation,
$163,174),
$51,573;
investment in capital stock of Moody's Investors Service, Ltd., at cost,
less
50%, $12,485; advances to salesmen, $12,046; prepaid and de¬
ferred insurance, taxes, etc., $14,203;- total, $1,475,956.
2226.
p.
$189,549;
etc.,
cost-plus-a-fixed-fee
accounts,
employees,
Moody's Investors Service, Ltd., $2,252; Treasury stock—
participating preference stock at cost), $11,040; copy¬
$1; cash surrender value of life insurance,
$1.69
payrolls, $1,314,233; payroll
taxes, $329,053; local taxes, $166,995; employees' deposits for purchase
of war bonds, $142,093; accrued
expenses,
$121,942; Federal income
taxes
(estimated), $786,076; advance payments received from prime
contractors on cost-plus-a-fixed-fee contracts, $6,500,000;
reserve for
employer's liability.' insurance, $30,000; reserve for post-war adjust¬
ments, $250,000; common stock (par $10), $9,506,150; capital surplus,
$5,564,090; earned surplus (in excess of dividends since Jan. 1, 1933),
$2,713,893; total, $28,699,172.—V. 156, p. 1691.
1942
$48,365;
inventories,
950,615
$1.47
8,000
'
.,
$856,871
950,615
250,000
prepaid
and other expenses, $518,091; total, $28,699,172.
172,200
Sheet,
$1,610,733
950,615
contracts, $5,350,546; amount receivable from
$245,055; inventories (less reserve of $125,000),
Corp.,
(net),
.
—
liability for excess-profits tax.
$3,000),
and
-V.
Plant
equipment
$466,107
__■■■■'
—
$1,400,948
depreciation
$1,533,766;
:
1942
30,
145,000
29,630
—
cost-plus-a-fixed-fee
on
* •
.
555,000
.
250,000
to $633,020 in
261,032
—
Assets—Cash,
B,
$1,676,407
990,825
$1,522,339
income
for
1941, and
$3,673,936;
I
-
6,966
3,309
1775,000
7,
r
on
.
13,751
profits taxes.
excess
$205,075
.
taxes—
($10 par)
$5,832,430
34.080
7,254
—
Balance Sheet,
105,131
operationsj——————
Balance
Cr4,260
applic. to pfd. stocks for the period——
Net
122,074
7.
11,519
Assets—Cash deposit and on hand, $5,036,310; war savings bonds on
for sale to employees and cash on
deposit for purchase thereof,
$196,164; trade accounts receivable, $3,089,907; unbilled costs and fees
2,600 shares of
Divs.
967,541
46,828
hand
8,524
—
income
before dividends
on
preference stock
Surplus
1,599,542
74,206
Crl8,633
Cr 49 8
to
77,321
;•
5,846
1,048,110
49,874
——_
1,243
-
_
$3,345,895
$3,170,745
133,054 7, 1,589,718
132,254
deducts.
and
int.
$241,009
$291,192
bonds— i
mtge.
on
Other
1,090,270
gen.
adjustments
stock
Note—Provisions
$317,487
"
'
Surplus before dividends and other charges———
Surplus charge—provision for contingenices—
77:73 2,853/ >(77 1,098
income
Gross
-
$2,101,761
share——
per
$150,000 for
1,473,802
exp.
$318,730
—,
—
Federal
,
$3,344,797
$3,167,892
$241,008
—
$3,338,131
—•
income
post-war
common
♦Including
7—
charges
Dividends
$291,192
income
and
-—
for
of
.Earnings
—...
income
Surplus,
Other
profit
Shares
1942
30,
for Fed.
Provision
6,880
•
———
5,813
$3,584,864
Provision for addit. taxes of pr. yrs.
for post-war adjustments
$1,791,289
Surplus at beginning of'year——„——_
,7.
'
'
y<
•
'' v-V-\l-V.
735,714
-574
—:—>
limited-term
of
investments
55,135
——_
Liabilities—Trade
appropriation
Amort,
$2,040,813
8,104
and
expense
Provision
Property retirement res.
*
$3,243,271
28,117
.
Provision
———:
—
income
Gross
$8,539,786
2,445,187
1,080,397
926,811
$9,534,570
77 210,296
Operating
$790,648
adminst.
Miscellaneous deductions
Defense
$829,447
$3,556,747
—
disposal
land, mach. and equipment
$2,643,739
$2,386,325
sales, and selling, general, and administrative
Operating
1942—12 Mos.—1941
1942—Month—1941
22,294,944
corporate taxes—
abandon,
on
adjustment of $198,730 for the
12 months ended Nov. 30, 1942,
——
credit
rata
pro
Earnings for Year Ended
♦Provision
Federal
loss
Interest
$3,601,273
957,534
Moody's Investors Service—Earnings—
Income
-i:
39,427,967
86,756
—
———
and
expenses
Net
1942.
At
Nov. 30,
1942, there remained a net overprovision of
$198,729 to be adjusted in the month of December.—V. 156, p. 2135.
Minnesota Power & Light Co.—Earnings
•
1940
52,070,315
——————
156,501
of
—V. 157, p. 43.
Period End. Nov. 30—
,
$6,522,402
$397,459 for the
adjust tax provisions to the amount
to
26,153,016
6,099,802
2,858,306
28,734,189
7,532,189
4,233,302
33,256,036
—'
railway—L
from
Net
38,955,720
sold, incl. dcprec.-
income
$6,232,546
*
.
constr.
monthly
month
current
645,638
349,151
...
Exchange.—
1941
1942
purchases.—
$641,860 in
f : ;
railway—
from
on
$522,392
From Jan. 1—
Gross
profit
Discount
155,051
deducts..
to
tlncludes
$2,492,722
866,190
railway-
oper.
Stock
$55,627,062*$42,671,238 $24,335,757
$807,254
Balance
1939
$2,389,244
;
$3,307,149
railway- —
from
Net
1941
$2,912,011
1942
November-
$524,187
29,560
Aug. 31—
—:
Cost of products
1,922,885
$777,694
sales
Expense of idle and unused prop—
Minneapolis St. Paul & Sault Ste. Marie Ry.—Earnings
Gross
2,117,991
—
From Jan. 1—1
Gross
'169,074
Net income
$572,757
$233,790
Dividends applic. to pfd. stock for the period
$832,860
232,177
117,949
railway—
Years Ended
of
1939
1940
•
180,936
debentures—__
on
Other
Minneapolis & St. Louis RR.—Earnings—
1941
1,858,542
mtge. bonds——
on
Int.
'p 7(\v
1942
York
Murray Corp. of America—Earnings—
' 3,075,542
1,813,983
Net
income
Gross
20,
p.
4,546,708
159,406
Miscellaneous
1942, a distribution of 31 cents per share on the class A
stock and of five cents per share on the class B stock were made.—
Jan.
333,341
87,687
Net oper. revs
Other income (net)
Jan. 23,
8, 1943.
to
On
324,403
Property retirement and
depletion res. approp.
of the New
class A
been declared on the
has
payable out of consolidated net earnings for 1941 on
holders of voting trust certificates of record Jan.
Transfer books will not be closed.
i
stock,
1943,
taxes
taxes
members
V. 156, p. 2135.
$1,689,508 $20,269,219 $19,278,678
503,500
5,596,377
5,896,859
481,473
expenses
tFederal
Other
not
are
1942—12 Mos.—1941
1942—Month—1941
$1,852,193
revenues.—-
Operating
Class A Div.
Middle States Petroleum Corp.—45-Cent
-
Operating
holders of record
•Payments during 1942 were as follows:
Jan. 15, April
15 cents each, and Oct. 15, 50 cents.—V. 156, p. 1418.
(& Subs.)—Earnings—
Period End. Nov. 30—
15 cents per share on the
directors have declared a dividend of
The
Montana Power Co.
Dividend—
Michigan Bakeries, Inc.—15-Cent
!
167
a
.
168
THE COMMERCIAL & FINANCIAL CHRONICLE
Comparative Balance
Sheet
Assets—
Cash
Oct. 31, '42
hand
on
Accounts
in
and
receivable
banks
$417,137
4,456,197
surrender
value
(life
Premium deposits with
4,867,379
insurance)—.
22,611
in
advances
and
Manufacturing Co.
Deposits
to
to
6,550
increase
an
In
7,717,145
'says:
(banks)
payable and accrued items-
$2,465,000
preferred stock
Class
(no
par)
108,800
stock (no par)
preferred stock (par $100)
Common
Paid-in
stock
(no
par)—
37,568
to
Board
3,100,000
—__———
3,100,000
1,312,500
—
surplus
surplus
—
1,312,500
——
3,951,636
—
;
—.——
1,503,358
—,
*Less
tax
depreciation
of
$1,752,000.—V. 156, p.
$8,628,093.
tLess
the
11.
declared
stock,
common
Jan.
have
$1,
par
;
payable
of
Feb.
10
2
cents
share
per
holders
to
of
Previously the company paid quarterly dividends of
154, p. 1701.
on
Jan,
record
15
cents
pany's
when
the
he
ruled
leases
at
leases
on
the
that
of
the
State
section
a
obtained
were
Buffalo,
"null
was
and
Jan.
law
of
under
1909
the
Controller
State
made
with
that the
obtained
were
in
leases,
gypsum
violation
in
1857.
of
the
said
He
issued
"in
that
to
Net
"a
the
Net
The
in
Net
Curb
Dominick
58%,
when
it
a
loss
the
of
armed
possible
services.1'
continue
to
than
more
Exchange
and
&
Dominick
Dominick
Noyes
Committee
member
dealers'
with
&
three
to
desire
to
the
renew
cents
seven
ton
a
of
leases,
but
it
gypsum,
could
be
—V.
at
increase
an
said.—V.
was
&
firm
of
from
the
Co.,
f
Chestnut
shares
$1.25
distribution
and
Gude,
of
Winmill
&
Net
Gross
Co.—V.
ry.
1940
stock
Works, Inc.—Stock Dividend—
dividend
has
been
declared
the
on
stock,
common
Net
11 to holders of record Dec. 31.—V. 156, p. 1331.
49,010
49,498
162,540
49,373
Net
ry.
2,143,558
2,177,284
579,783
586,962
655,593
631,748
2,803,945
1,059,249
1,093,403
$220,752
76,504
v
—V.
"•
ry.
1942
'♦
itself
will
44.
be
and
also
P.
preferred
S.
Coirimissioh
appropriate
and
filed
the
on
New "York
applications
with" that
body,
it
was
first
:
.
due
for
will
Lives
on
y
mortgage 3%-5%- sinking fund bonds
redemption as of Jan. lf 1943, at
called
Payment
an¬
y
be
and
Philadelphia,
made
at
The
Pennsylvania
Granting
Annuities,
156, p. 2042.
Pa.—V.
100
Company
trustee,
and
15th
.
1940
$229,477
103,334
108,909:
income—
107,997
82,904
1940
_
1939
86,270
111,882
34,352
34,859
railway-
7,300,991
5,101,143
4,170,144
4,269,181
railway——
2,561,108
1,317,644
781,680
895,380
income—
1,190,691
705,327
210,266
326,294
oper.
*
$396,647
81,251
•
23,113
-
2227.
p.
American
for
184,564
126,215
used
2,375,325
1,622,347
1,277,119
with
the
Company
1,562,753
2,723,922
yf••••;>.
;■
and
r:y*
•,
Exchange Commission to
quarterly dividend on April 1
",*' y
•*"■ :yy.
a
prior
to
to
such
purchase
on
pay
proposes
Exchange
dends
2,312,923
2,899,363
to
'
company
by
As
4,009,069
1,345,293
Purpose—y;" y
has asked the Securities
off
New
buy
Feb.
the
11,
limitations
the
result
a
ican
have
50
the
shares
shares
of
the
of North
Detroit
latter
the
la
share
one
American's
date,
in
held
common
about
of
divi¬
capital
stock.
North
Amer¬
by-
143,500.
Detroit
stock.—V.
■
quarterly
Edison's
company
1,222,315
of
•*
declaration
consecutive
seven
with
from
rate
com¬
York
y
•
declared
stock
reduced
at
were
v
has
dividend
its
New
on
the
on
to price las the SEC
may order,
prices not to exceed the closing
on
the business day
immediately
the average between the bid and
at
Exchange
common
been
tributions
1,247,269
already
its
on
either
as
market
York
shares
the
preceding the date of purchase, or
asked prices if no sale was made.
141,218
160,141
/
Co—Would Acquire Detroit Edison
Dividend
'stock.-'
price
$204,905
2,664,292
1,622,017
1941
:
$385,290
company
The
1939
$257,375
:
railway—
income—
■1942
;
.
90,454
would, be
mon
or
1941
$235,354
2042.
corporation
■approve the acquisition of an additional 12,500 shares of the
capital
stock
of
Detroit
Edison
Co.,.- which* with similar shares now held
-Earnings-
railway--
p.
system
$452,344
156,
Stock
railway—-
156,
Niagara
270,635
from
The
v
2308.
oper,
the
in
$726,377
Stock
81,936
3,254,352
from
interest
out."
railway-—
North
1939
166,998
railway—
from
that
railway—
from
Net
From Jan. 1—
Gross
414 %
$1, payable Jan.
the-fact-
of
oper. .income—
ry.
Net
156,
301,609
2,641,892
oper.
virtue
Ry.-—Earnings1941
5,919,523
from
from
Gross
Higginson
•
income—_
from
from
Net
by
was
From Jan. 1—
Associated
Lee
were
Net
stock
capital
share.
per
Gross
on
dis¬
the
$194,487
November—.
of
It
plan, Niagara Hudson's officials stated,
the present arrears on the outstanding
plan
$21,000
Sts.,
accordance
156,
-
plan—although Niagara Hudson does
of the properties now in the systemCorp. as a
"controlling influence"
voting
.
off
the
p.
November—
„
Firms
in
$361,979
v
railway-
p.
the
any
affairs,.
the
recently
Insurances
a
accom¬
United
Corp.'s
of
of
interest.
for
y
Member
on
railway.—_
156,
of
"washed
157,
of
were
and
of
$648,731
income—
oper.
on
will
Norfolk & Southern RR.—Earnings-
participation
6,043
discount
in
New York Connecting RR.-
,y
National Iron
total
A
these
standards
will- -be
power * also
part of the
stocks
approval
a
com¬
.
the
to' pay
proposed
1945
hun¬
Despite
high
recapitalization'
Nice Ball Bearing: Co.—Bonds Called—
delays
nine
United
nounced.—V.
mounting volume of traffic
near-stoppage of materials
a
1942
oper,
ry.
Net
A
for
especially
Zinc Co.—Secondary Offering—
railway-.—
railway—..
from
Net
company
2135.
par
right-of-way
is
Power—through
consolidated
new
voting
Buffalo,' Niagara and Eastern,' The
will, become a party to the proceedings
the
Tonawandas
from
ry.
vested
approval of the Federal Government, through Con¬
gressional action, and with the approval of the council of the Tona¬
wanda. tribe or its governing body."
<
i;
p.
circuits,
of
of
the
Hudson
two
23% of the voting securities of Niagara Hudson
Aug. 28, last, launched its "death sentence" pro¬
the system.
Should
the
proposed
plan
be
con¬
virtually
integral
an
preferred
From Jan. 1—
lease
valid
As
on
against
be
would
increase,
•'/
from
title
trust"
have
'
from
Gross
Knight ruled
these
to
effect
some
SEC,
summated,
it
the
Niagara Hudson Power.
It is under¬
of Niagara Hudson Power
will precede
that-such
and
Hudson's
owns
the
ceedings
paid
of
44.
member
Hemphill,
Gross
instituted.
was
1922,
to
women
November—
which
void."
opinion,
Judge
in
will
New Orleans Texas & Mexico
resulting from a suit brought by the Federal Govern¬
ment
in behalf on the Tonawandas, also ordered that the company
furnish an
accounting of profits derived from the leases since the
suit
be
of
assets
redistribution
eliminate
to
Niagara
—V.
29, canceled the com¬
Tonawanda Indian Reservation
mining
gypsum
The
Knight
John
in
-
p.
York
Dominick
2042.
p.
calls
finding
are
157,
at
$25)
(par
with
Gypsum Co.—Annuls Lease—
Judge
we
by
despite
continue
long-distance
its
and
approved
tribution
but
1,
to
messages,
traffic
of
certain
and
Nov.
on
volume
is
on
men
New
5
of
essential
New Jersey
'
Corp.,
National
Federal
its
handicaps,
Treasury
the
meeting not only
lines, but also
additions, together with the
plant
of
imposed
and
service
A
Co., Ltd., Oswego Canal
investments of Niagara Hudson.
security
recapitalization
a
basis,
practical
be
that
$1.25,
telephone
on
also
of
contemplate giving up
-United
dividend
Lawrence* Power
parentr—Niagara
this recapitalization.
will
v./..
1
carried
dred
share.—V.
per
that
The
•not
payable
President,
" v V'•
'\..
the
holders
security
one-stock
dividends,
Robinson,
St.
various
of
the-distribution'4step,
activity.
Priorities have been established by the
Communications to assure that Government, Army,
other
service."—V.
dividend
a
J.
Corp.,
addition,
distribution
to
stood
of
157,
ago.—V.
war
company
be
The
directors
of
their
J.
-1 •
•
congestion
of
and
"The
to
1610.
National Chemical & Mfg. Co.—Smaller Dividend—
The
with
share,
per
.
.
taxes
War
occur.
3,944,497
959,862
S.
U.
in
of
Navy
$19,130,520 $17,498,605
for
reserve
notes,
panies
of
Federal
centers
for
——
$1.25
dividend
)942
level
resulting
3,705,600
57,400
-
•
stockholders
to
of
the
37,580
—
surplus
Capital
Earned
Total
current
brings
14,200
—
,'
Users, were
demand for service
115,000
170,000
3,706,800
sent
rate
■;
"New
by
200,000
—_
preferred
C
production
year
in
Dissolution
.pro. rata
making a' total of $5.75 for the
payments to
within about 5%
of
the
earnings for the year on the basis of the new tax
law.
It is anticipated that 1942 operating taxes will be about
$9.50
per share, or about $.3,75 more per share than dividends,
1,332,378
1888,000
taxes—
the
'
"The
$2,825,000
1,781,446
-
Reserves for deferred maintenance charges
Reserves for commitments and contingencies.
First
at
indicated
botes' payable
Second
statement
a
31
Dec.
153,964
year,
income
above
a
and,
(3)
136,176,000 cubic feet,
cubic feet, or 9.74%
the corresponding week
Power
and
Co.
output
49,864
*7,684,161
209,560
—
$19,130,520 $17,498,605
for Federal
at
12,087,000
cubic feet in
electric
kwh„ or .1.03',/' below
corresponding week a year ago.
the
week is reported
1
reports
112,741
Traffic
Liabilities—
Provision
for
of
New England Telephone & Telegraph Co,-^Volume of
Increases—
46,335
Total
Accounts
kwh.
the Jan.
Bag
Association—Output—
Association
decrease
53,457
of Jan. 1, 1943,
declared—-——__
Preferred stock sinking fund deposit
1
items
this
1
a
pany
when
Prepaid and deferred
is
44.
p.
(wholly owned)
dividend
Jan.
This
10,942,396
of
124,089,000
Somersworth
Gas & Electric
ended
Gas output for
payments
secure
preferred
week
production of
176,937
2,430
the
10,829,655 kwh.
8,577
204,745
mutual insurance Cos.
Investment and deposits at book value—
Investment
For
of
4,097,459
5,917,186
___
Inventories
Cash
New England
Nov. 1, '41
$537,431
_
(net)-.
Monday, January 11, 1943
The
Edison
157,
for
dis¬
each
44.
p.
National Liberty Insurance Co. of America—Dividends
directors
The
share
the
and
the
capital
Feb.
stock,
Like
1.
declared
have
$2,
par
amounts
both
164.
156, p.
dividend
dividend
payable
paid
were
extra
an
semi-annual
usual
of
Feb.
Feb.
on
10
15
16
of
10
cents
to
and
cents
holders
Aug.
of
15,
Dividend
on
record
dividends
15
Jan.
announced
to
Series—
bond
stock
Preferred
Income
be
arising
'■/
Mutual
series
stock
series
National Securities
Series
Low-priced
Preferred
Income
series
Low-priced
First
156,
p.
Trust
to
maintain
in
1943
the
The
/>
of
scale
same
Northern Illinois Corp.—25-Cent Common Dividend—
Same
:
as
allowed
matured
left
action
life
with
per
in
1943, on
insurance
the
by
the
and
at
board
the
of
York
New
Life
1845.
in
It
been
annuity
guaranteed
directors
..;.•••■•
....
is
contracts
record
.
The
;07
.02
.02
.01
.06
.11
.05
2308.
Operating
revenues——
$803,891
Operating
expenses-
336,251
363,955
136,879
53,817
114,379
67,332
60,800
56,700
1942—12 Mos.—1941
Federal
Other
taxes
taxes
——
Property retirement
serve
of
oper.
Other
Net
the
The
785
9,432
9,540
$183,492
$2,479,895
$2,678,733,
17
17
1,325
3,082
$215,371
' y/:•
$183,509
$2,481,220
.
on
debenture bonds
17,500
int.
742,500
New York Ontario & Western
17,500.
210,000
from
Net
ry.
Gross
Net
9,897
120,056
Cr2,088
Cr36,190
Cr8,740
$126,482
applic. to pfd.
Ry.—Earnings—
#■:'■
1941 '
$561,476
$449,214
$419,598
*23,187
46,039
from
ry.
$96,325
-
for
the
$1,624,252
Net
499,100
499,100
Net
$1,125,152
y-y',*
$1,444,854
period
railway
railway—
__f_
^
156, p. 2136.
from
from
ry.
Gross
Net
'
ICC;
the
the
Neisner Brothers, Inc.—December Sales
Up 14.6%—
Sales
—
—V.
1942—Month—1941
$5,466,397
'
'
*43,655
„yy::y,
of
the
Electric
.
jweek
1939
$4,770,120 $33,142,335 $26,468,799
Net
from
from
ry.
1942
1942
7
has
$59,388
$68,218
$63,628
21,994
income—
1939
$49,145
railway
railway
oper.
37,122
33,729
38,619
35,744
29,056
27,553
13,045
From Jan. 1—
Gross
Net
from
from
Net
ry.
—V.
o^er.
642,014
642,597
680,831
601,590
311,963
298,508
375,602
291,673
152,841
income.—
181,781
247,604
195,204
156, p. 2041.
New England Confectionery
A dividend of $1.75 per
to
holders
made
March
on
31,
of
record
June
30
share
Dec.
and
21.
Sept.
Co.—$1.75 Dividend—
paid on the common stock, par
$25,
Distributions of 75 cents each were
was
30,
last,
compared
with
50
cents
on
1942.
Payments on the $25 par stock during 1941 were as follows:
June 27
30, 45 cents each, and Dec. 27, $1.15, and on March
28, a
dividend of $1.80 on the old $100 par stock
outstanding prior to the
and Sept.
four-for-one
sglit-up.—V. 155, p. 2460.
1940
1939
$5,834,324
$5,700,663
1,580,367
1,617.979
1,328,764
1,325,615
1,372,144
62,820,309
77.258,816
59,001,584
23.480,886
15,393,571
certificate
a
branch
Pony
line
12,449,338
11,992,329
18,617,205
so-called
»' 8,941,757
•
r«"v
branch
of
tj'i)ix'•*"
/.'
y^.'/
permitting, .abandonment
the
extending
road
at
of
the
Northern
2,
1943,
for
the
output
: ;
Dec.
kwh.:
.of 7.9%.—V.
of
at
from
a
Harrison
miles;
in
to
Madison
yyv-y-
(Del.)—Weekly Output—
States
Power
468,419
1940
1939
$259,185
i,
(Del,)
is
ness
*
78,126
.
48,374
5,377
24,875
U'.;:/:,;,y.y/;
States Power
Co.
2,907,536
1,744,948
1,368,525
1,033,615
916,300
income—
-826,311
633,731
396,906
,
2,739,915
224,867
•
been
the
rr
stated
cancelled
St.
and
George,
156,
reorganization
reassigned
Brooklyn,
N.
for
Y.,
Feb.
23,
before
at
for
9:30
Examiner
Jan.
a.m.,
R.
Power
Corp.—Plans
T.
at
sales
the
Federal
Boyden.
Liquidation
—
plan
for
and
essence,
liquidation of the corporation
Exchange Commission in the
the plan
calls
for
three
is
to
be
latter
filed
part
A
Eastern
Buffalo,
Power
(2)
son
consolidation
Power
Corp.,
Niagara
will
of
an
and
emerge
as
of
with
taxes
on
into
a
the
parent
Hudson
single
concern.
Valley
unit,
The
Fuel
Assets—Cash
main
ditures
which
more
Co.,
will
become
of
a
direct
these
subsidiary
subsidiaries
Development
Corp.,
of
are
Uni6n
income—
on
Balance
demand
$4,691,915;
(less
Sheet, July 31,-1942
deposit and
on hand, $91,008;
accounts re¬
$3,040,884; unreimbursed expen¬
contracts,
$3,625,689;
inventories
$225,976; property, plant and equip¬
$2,635,146),
other
reserve
patents,
for
assets,
depreciation
$1;
deferred
payable
to
$4,131,383;
taxes
(other than
income'taxes)
received
sales contracts
related
to
use
for
asset of
,
salaries,
contracts
of
(otal,
$450,043),
$15,308,970.
wages
$2,432,076; accounts payableand commissions, $479,460; accrued
and interest,
$474,410; advance pay¬
(less- amounts used for performance
of $2,524,508; balances in bank accounts
.restricted
performance
of
related contracts,.and not reflected as an
$339,982; Federal taxes on income
1942—estimated, $4,550,000; class A common
$11,-$282,305; class B common stock, (pa-r
the company of $7,579,887),
of the year ended July 31,
stock (282,305 shares, par
$1),
amortization
$694,222;
bank,
trade,
on
and
charges,
ments
of
4,550,000
$3,044,741
cost-plys-fixed-fee
Liabilities—Notes
•
$7,594,741
;
(assigned
(net),
organization.
subsidiaries of Niagara Hud¬
important
Northern
983,7^2
...
Income—estimated—:
on
ment
consolidated
remaining
tinder
$2,939,274;
.
surviving
the
$32,
——^
ceivable—trade
intermediary holding concern in the system.
will
disappear
and
Niagara
Falls
the
^y
24, 834,966
Net profit
the
January.
main
Eastern
A consolidation of
the
the
y
y/:''7:;;'
capital stock
Profit before taxes
to
operations, as follows:
operating properties: of the sys¬
tem which extend across New
York State
from Albany to Buffalo.
These
properties—New YorkPower & :Light Corp.,
Central
New
York
Power
Corp.,
Buffalo Niagara Electric Corp.,
Niagara Lockport & Ontario Power Co., Lockport & Newfane Power & Water
Supply Co., and Niagara Falls Power Co.—will be consolidated into
a single set-up to be known as the
Niagara Falls Power Co.
Niagara
Falls, in turn, will be consolidated with the Buffalo, Niagara and
(1)
44.
—
-
A
p.
Selling,, administrative,and general
Comply With Death Sentence of SEC—
Securities
157,
expenses..-"—————.,
'•y 440,101
tax, state franchise taxes, etc.______
37,325
'Interest paid and sundry other deductions
(net)—; 76,630
12
2136.
p.
$7,530,852.—V.
contracts
„
assigned
be
Earnings for Year Ended July 31, 1942
.
of
to
Northrop Aircraft, Inc.—Annual Report—
Net
plan
y,' u
has approved a joint application of Northern States Power
Northern States Power Co: (Minn.), providing that all
Manufacturing and other costs applicable to operations at
fixed prices, and expenditures under cost-plus-fixed-fee
Reorganization Postponed—
on
yyy;y
(Minn.)—Payments Sus¬
and
24,118
3,377,863
on
;:yy;
$239,074
81,728
3,998,973
hearing
the
/payments on the principal amount of the open account indebtedness
owing by the Delaware company to Minnesota now due or to become
due up to June 30,. 1943, be
postponed until the latter date because a
plan filed by .the Delaware company for .its "dissolution provides for
the disposition of such indebtedness.
Present amount of the indebted¬
RR.—Earnings
1941
82,384
income—
Co,
*473,013
,
for
system
Northern States Power Co. system for the
1942,: totaled 39,054,000 Jcwh,, as compared with
the
corresponding, week in 1941,
an
increase
44.,
pended—y
*80,888
169,180
Co.
totaled'38,621,000 kwh;,-as compared with
corresponding, week, last year,
an
increase
the
26,
for
157,.p.
Northern
,
In
railway
railway
1941
States Power Co.
Jan.
kwh,
36,179,000
5,587,495
*679,758
$297,084
160,685
Niagara Hudson
1940
of
$7,696,100
1,801,262
li'oi'-7.9%;;"',..'ty-y'y•
Electric
Federal
1941
cents
holders
2227.
p.
'■'>■•;■#>•/
issued
-l-7:
railway.:
railway—-_
oper,
The
—V.
Net
track
output
ended
35,790,000
Nevada Northern Ry.—Earnings—
Gross
156,
Pony, approximately 6.25
Montana.—V. 156, p. 2309.
'
" /
Northern
'v; '■."i.-'b.y
■,
$375,260
-
:
632,035
*216,373
y
oper.
from
ry.
Hotel
November—
Dec.-26
on
The SEC
222,176
44. ■■■
p.
railway
Hearing
1942—12 Mos.—1941
157, p. 43.
share
37%
to
1—y.yyw, yy :
.
end
■
*37,310
'
5,702,523-5,021,115
1,013,209
,
157,
railway
from
Net
Period End. Dec. 31—
per
of
during 1942 were as
Nov. 2, 25 cents each,
and
1
:
from
From Jan. 1—
Balance
—V.
1942
,
company
of its
connection
with
another
$373,818
4,543
;
*91,076
6,881,485
income—
oper.
November—
$945,754
stocks
income—
oper.
'
68,664
>
,
:
1940
•
-
New York Susquehanna & Western
113,803
Cr91
income
Dividends
railway...^
railway—: f
from
Gross
Net
1942
♦Deficit-loss.—V.
210,000
9,605
constr.
to
from
742,500
deducts.;-'
and
charged
ry.
The
-
by
Sawyer,
B.
Gross
$2,681,815
61,875
cents
stock
From Jan. 1—
61,875
Int.
Aug.
vi". Abandonment— .yl;:y
f
Net
income
mtge. bonds—;—
1,
railway.— $11,749,419
4,783,366
oper. income—
3,036,819
,'week ended
Net
$215,354
revs—
on
Other
675,900
May
railway.— 107,400,405'
Net
from
rail way
37,379,173
Net ry. oper. income—
24,954,440
156,
on Dec. 26 issued a certificate
abandonment by Howard S. Palmer, James Lee Loomis and
trustees of the company, of a line of railroad ex¬
tending northerly from a point about 3,662 feet north of Northampton
Station to Cheapside,
approximately 17.05 miles, in Hampshire and
Franklin Counties, Mass.—V. 157, p. 44.
,'yy^
829,911
.
cents;
rail way _____
From Jan.
Gross
Interstate.Commerce Commission
November—
725,700
790
Int.
Int.
874,759
.:
common
from
from
Net
was
919,212
3,955,118
10
25
of
Northern Pacific Ry.—Earnings-
"y,-.y'-y
a
'
income
Gross
$9,068,414
1,299,612
limited-term
investments
Net
$9,680,052
4,290,654
;
2,
November—
County,
re-
appropriation-
Amort.
$786,643;
Dec.
Gross
directors have declared
Henry
1942—Month—1941
the
23, a. year-end of 25 cents.—V.
y,
permitting
Period End. Nov. 30—
on
dividend
quarterly dividend
both payable Feb, 1
New York, New Haven & Hartford RR.—Abandonment
•
Nebraska Power Co,—Earnings—
Payments
a
usual
stock,
and
at
a
dividend of 15 cents per share on the
stock, payable Feb. 1 to holders oP record Jan. 20.
Payments
during 1942 were as follows:
Feb. 2, 15 cents,' and May 1, Aug. 1 and
Nov. 2, 20 cents each.—V. 156, p. 1778.
* 4 /
r y'
.10
15.
the
Feb.
'
y.
usual
;.-y;y '•>
Jan.
declared
4
and
preferred
follows:
on
interest,
if higher,
•
.
and
at
rate,
stock
the
pn
Jan.
on
common
share
per
company
subject to the
final results of
the
.
the
by
mutual/company since it
dividends to policyholders only.—'V.
pays
*-■
.
has
held
,
accumulate
to
company
annum,, or
taken
funds
directors
the
on
annual
was
common
.09
.12
.06
.03
shs.
.12
.13
.08
.14
series
Fund
be
3%
1056.
.p.
$0.08
.16
stock
common
Mutual
.10
Maintain
yNew York Merchandise Co., Inc.—15-Cent Dividend—
$0.09
.12
——————
of
founded
July 15 Oct. 15
$0.11
.11
series
series
Apr. 15
$0.10
voted
policies
.14
made:
were
from
The
.01
y__
_
Jan. 15
_
bond
stock
—
following disbursements
Series—■
•—
l'.:
.
,
the
its
Co.—To
February ratification by the board after
operations of the year 1942 are available.
.09
.05
—
Fund
1942
year
//
series
will
dividends
rate
The
————____.14
:"
Trust
the
During
the
—$0.12
—
have
under
Interest
on
31:
v
Insurance
Policyholders—
:
made
series————„ ——.12
common
International
On
will
series
Low-priced
—V.
Dec.
distributions
——
Low-priced
Bond
following
holders of record
Securities
series
Bond
On
the
cash
National
First
that
to
applicable * in 1942, it
was
announced on Dec. 30 by George L.
Harrison, President.
The
amount
of
dividends payable to
policyholders in 1943 is estimated
to be approximately $32,000,000.
^
.
is
Life
Rate
directors
The
last.—V.
National Securities & Research Corp.—Dividends—
It
York
New
per
share
per
$101,797;
paid-in
surplus,
total, $15,308,970.—V.,,.156,
$849,503;
Pw2309.
.
-
earned
,
surplus,
...
'
$1,668,053;
•
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
Northwest Airlines, Inc.—Passenger Traffic
A
of
total
88,471
Dividend
Heavier—
The
Northwest Air¬
lines planes during the first
11 months of this year, Croil Hunter,
President and General Manager, announced.
Revenue passenger miles
for this period totaled 45,762,493, Mr. Hunter said.
"
1 ' ' " "/
r'.
In breaking down the figures for the 11-month period, Mr. Hunter
revealed
that the
month of April
led in air travel.
During that
month
12,851 revenue passengers used the line.
May was second
with 10,793, and during the month of July the
total was 9,806.
Thousands
of
the
passengers
who
used
the
NWA
planes,
the
revenue
traveled
passengers
on
shows*
the
of
record
were
83,290
missions
on
to
related
in
passengers
the
The
Like amounts
year;
on
a
proposed
SEC
the
5 Vz %
shares
basis
Under
the
They
as
10,
of
about
of
paid
30
at
the
its
option,
such
80%.
viding
It
approximately
$101,000.
Included
$86,000, leaving other
Dickey
They
of
of
face
or
by
has
of
amount
Co.
and
to
are
into
an
not
agreement
Harold
their
use
and
share
Net
E.
Other
Electric
/
first
preferred
Contributions
serve
Federal
excess
Kalman
Co.
State
pro¬
as
of
days
60
38,215
2,764,944
324,238
income
55,305
556,158
;
re¬
Balance
Common
of
for
25,000
Int.
for
Cash
325,000
/;%'///" 24
*
$79,660
$1,098,670
3,750
879,680
$1,102,420
$919,089
22,333
22.333
268,000
depreciation
year
/!%%%%;,'•■
'
".-I
hand
on
and
States
Accounts
'
Int.
Int.
int.
and
charged
454
;
;
Net
9,450
112,875
4,377
50.550
Crl40
Cr 178
$58,503,
was
Sheet,
Oct.
:
—
Balance:
••
.
—V.
to
pfd.
$43,660
$671,173
334,212
334,199
the
119,175
$336,961
——
156, p
2137
trademarks,
etc
(net>-_.___—
—.
Co.
"
force
reached
Capital
the
to
year,
total
a
of
payments
to
living
policyholders,
a
less
than
2>/2 %
of
Ended
from
$12,428
Aug.
31-
in
total
assets,—V.
155,
Gross
from
Net
Net
from
ry.
•>
1942
Total
railway..__
railway
$501,516
$266,282
207,149
"30,750
"3,038
47 271
income...
167,656
"64,518
"34,650
"35,826
..
oper.
$265,871
from
from
Net
Net
ry.
railway....
railway.....
oper.
4.686,413
3,258,459
1,348.123
286,338
income
"Loss-deficit.—V.
3,055,420
33,876
29,688
903,851
156,
**-'316,517
"107,157
"279,986
2043.
p.
$13,256
in
v
$4,003,471
3,337,315
383,782
401,705
■
from
$477,648
$125,832
3,303
Total
$480,951
$130,698
601
5,627
prof, taxes-
..t288,000
J36.000
contingencies.iii,/--..-
50,000
■
income
...
Prov. for est.
U.
Provision
post-war
Net
for
on
Earnings per
"Less
eludes
discounts,
and
notes,
credit
in
1941.
/
Note—Provision
and
freight,
$19,213
flncludes
■
of $8,000;
''
for
expenses:
in
Sept.
$668,854;
U.
and
1942
and
$03,411
$200,000
provision
no
excise
in
for
for
$0.29
1941
taxes.
for
to
excess
excess
profits
tax,
profits tax
re¬
Sheet,
S.
of
fixed
1941,
Sept.
assets
included
in
$53,780.
30,
Treasury
-
cost
of
paid
to
Common
series
CV,
Earned
1945, $100,000; notes and acceptances receivable and accounts
(less reserves of $99,902), $490,126;
inventories, $397,941;
$13,392; property, plant end equipment (less: reserve for
depreciation of $346,154), $323,193; deferred charges, $17,055; total,
1,
assets,
$2,010,561.
preferred stock, $11,529; accounts payable,
and wages,' $18,827; accrued commissions,
taxes,
$367,920;
miscellaneous
accrued
accounts,
$2,381;
reserve
for sales warranties, $62,624;
reserve
for
post-war
-contingencies,
$50,000;
7%
cumulative
preferred
stock
(par
$50),
-$227,332;
$12,847;
salaries
accrued
$439,200;
capital
accrued
on
common
surplus,
.stock
(outstanding 202,230 no
$271,427;
earned
surplus,
par
5344,242;
shares), $202,230;
total, $2,010,561.
income...
$191,520
$205,359
$2,155,717
$2,154,144
Dr240
Dr231
Dr645
Dr911
$191,280
$205,128
$2,155,072
$2,153,233
'
81,157
-100,895
applic. to pfd. stocks for the period.
773,610
883,965
458,478
458,478
inc.
(net)..
after
chgs.
income
"(Including for periods prior
to April 30. 1942, consolidated opera¬
tions of the company and its former wholly owned subsidiary* Inland
Power & Light Co., whose net assets and business were acquired as
of that date.)—V. 156, p. 2227.
Pacific Telephone &
Dr74,783
Telegraph Co. (& Subs.)—Earns.
revenues.!...
and. $1,015,870
1942
Operating
expenses..,-.
'4
1
'
38,012,862
30,055,000
+
'
-
45,746,000
Taxes
':•"/:■
;
2370.
p.
$
Operating
tLess
Total- income
5,545,711
//'
5,677,800
878,000
1,148,915
3,107,000
4,390,310
20,104,000
4,307,000
199,680
provision
for
2,507
post-war
credit)
V
30,000
"Loss.
4,388,750
18,457,527
17,555,000
140,135
120,285
112,888
19,167
18,622
$905,334
$996,316
2,878,631
31
The
jD?'83/572
2,767,801
2,511,484
Nov.
Dec.
on
$20
4
par
$376 1 8,631'
$3,673,135
"$3^507.800
Nov.
140,000
140,000
on
the $100
;i 600,000
600.000
600.000
V.
$2,878,631
$2,933,135
600.000
600,000
$1.05
$1.28
$1.12
$1.42
-
(less
Sheet,
Aug.
tlncludes income
profits
excess
tax.
of
$4,376,923)
rights, etc. $1;
liabilities:
loans
charges:
total
reserve
$134,266;
stock:
600,000
$4,141,944;
good¬
$16,353,672.
(secured)
shares
(no
par)
Rubber
accounts
rest
Howard
Butcher
Press
Co.,
Willoughby,
of
3d
Rosemont,
dispatch
earned surplus $2,951,-
""';/
.
Ohio
—
from
Pa.,
on
Cleveland,
Dec.
Ohio,
29,
according to an
brought in 'Federal
Ohio, an action asking that the company be com¬
higher dividend for 1942 on its common stock, of which
He declared the company paid $6 when it "could have
paid $40," and asserted that officials were building up a surplus "to
a
themselves
a
future
in
include
director and
of
the
in
office
and
the
in
hope
years."
'.
Franklin
General
G.
Counsel,
that
_
Smith, President;
and A.
C. Ernst,
a
income
taxes
.
Charles K.
Arter,
director and head
accounting firm bearing his name.
Net
Net
from
from
ry.
1942
$143,056
railway....
Net
Net
from
from
ry.
oper.
156,
A
similar
semi¬
last.
a
the
On
semi-annual
$20
of
70
stock;
par
cents,
and
1941
10.—•
Co.—Larger Dividend—
dividend
a
156,
1332.
p.
share has been declared on the common
per
30—
June
1940
1939
$27,566
$35,849
"
'
1
.
/
1942
1941
$5,946,793
1,031,659
937,788
5,332,590
Operating profit
—-—--—--earned, royalties.-.--.—-,.
$4,915,133
39,438
$2,605,198
Total
$4,954,572
$2,678,703
34,931
800,000
tax.__—........a.. ——2,500,000
151,494
740,000
530,000
i
$1,619,641
$1,257,209
contingencies——-.-—.,.———
450,000
100,000
$1,169,641
$1,157,209
less
&c;
selling, gen. & adm. exp...
returns
goods sold,
Discounts
ineome
Discounts
Net
&c.—
Federal
profits
——-——
—
allowed,
for
Provision
Excess
tax
on
Income.......—
income
Provision
for
Balance
on
sh.
stock
300,000
on
—
stock.—.
preferred
common
per
——
—
—
on
Earns,
$30,810
...
Appliance Co.—Earnings-
sales,
of
——
20,000
20,000
—.
300.000
225,000
__r
shs.
;
73,505
$3.83
com..
$3.79
15.820
and
Note—Depreciation
for
1942
amounted to
9,954
2,765
9,568
1,206,317
295.224
273.246
370.485
customers
91.141
57.456
129.230
doubtful
288,025
15,579
"14,850
56,937
2043.
10,
25.
the
were
cents
30
Ended
Years
664.837
p.
Nov,
on
,
Parker
"759
income..
"Deficit.—V.
record
1,
follows:
Dec.
25 cents.—V.
of
amortization
$311,988;
Balance
Assets—Cash
railway....
of
as
of
and
share,
share
payable Jan, 30 to holders of record Jan. 14.
Like amounts
paid on this issue on April 30, July 31 and. Oct, 31, last, as
$gairu>t 40 cents on Jan.. 31, 1942.;—V. 156, p. 1693. ,*
"10,799
railway
per
per
,
70,156
income
stockholders
cents
cents
$1,
Dividends
From Jan. 1—
Gross
par
15,
dividend
A
.were
27,887
railway
oper.
common
40
40
semi-annual of $3.50 per share on June
declared
Dividends
Oklahoma City-Ada-Atoka Ry.—Earnings—
November—
to
of
of
Parke, Davis & Co.—30-Cent Dividend—
Stockholder
holder.
less
were
and
a
have
stock,
$1, and Oct,
Gross
at Cleveland,
pelled to pay
/
Dividend—
paid
June
on
ef¬
157,
./''//'/";.
of $1.50 per share on the
payable Jan. 15 to holders of record Dec. 31.
as follows:.
Jan. 15, April 15 and July 15,
quarterlies of 30 cents each, and Oct. 15. quarterly of 50 cents.
In
addition, extras were paid last year as follows: April 15, $1; July 15,
account
Higher Dividend—
Associated
extra,
Payments during 1942
Cost
for
made
became
the year.—V.
stock,
$2,022,991;
$2,500,000;
$5,000,000; excess profits tax refundable $6,816;
027; total $16,353,672.—V. 154, p. 1702.
Ohio
which
dividend
dividend
Coca-Cola Bottling
directors
The
fixed
payable $1,176,398; provision for taxes $511,440; provision for dividends
payable $185,000; preferred stock: 7% cumulative ($100 par) $2,000,000;
common
1942
first of
investments:
$4,367,921;
deferred
depreciation
will, trade marks, patent
Liabilities—Current
reserve)
$1,201,862;
for
reserve
(less
wheat
and
1942
31,
assets/cash, $26,175; accounts receivable, less
of
1942,
extra
1941
stock,
par
Panama
;
:
deducting selling and general expenses,
profits taxes and refundable portion of
stocks
of
the
$2,767,800
600.000
>
600.000
share.......
Assets—Current
902,527
152, p. 3663.
$2,951,027
-
30,
an
stock to holders
was
cents
140,000
600,000
...
to
"/
semi-annual
during
60
14,
Nov.
1942,
a
payment
Payments
140,000
.
Act
Revenue
retroactive
/'•"/•/
•.
on
25,
paid
common
annual
out¬
par)...
company
record
2,933,135
1942,
Pacolct Mfg. Co.—Pays Extra
18,789
$769,068
$812,396
?
stock
67,503
di¬
(7%)—
%
(no
83,550
the
under
21,
/:/v//'•%';..
.
'
416,000
three months ending Doc. 31, 1942, also include
to' the first nine months of 1942, representing
additional Federal income and'excess profits taxes (less
Oct.
on
45.
p.
19,688,000
//','
/Takes for
applicable
$2,720,000
fective
330,813
22,847,843
"2,240,000
1
Balance
4,010
3,663
25.000
23,211,000
4,528,885
Dividends
248,826
399,300
22,517,030
Dr723,000'/'
2,067.000
income
164,868
■
23,934,000
132,089
2,945,000
deductions
'
26,685,156 112,689,000 / 97,442,350
5,781,995
34,561,000
24,248,857
:■
11,743.000
Net operating income
3,948.000
Other/• income
(net)i._ Z>rl,003,000
$530:269
$
'
171,184,000 144,208,237
1939
officers
Aug.
per
be
1942—12 Mos.—1941
1942^3 Mos.—1941
,
$1,449,663
$3,691,027
div.
$2,080,664;
Gross
Liabilities—Dividend
$1,927,678
226,466
171,397
30,000
$4,400,837; other assets:
will
due
230,802
income
'$4,182,222
receivable
other
Net
-' 875,451
1940
1,997
other
Defendants
(tax
$1,924,915
19,058
,461,739
for year-
common
a
134
$186,301
323,562
+456,172
dividend
standing
is
094,900
.
.
19,340
$1,652,648
years
Surplus,
1942
notes
..
$172,180
484,970
18,787-
prior
Court
034,941
812,875
plant
of
$1,924,607
exec,
perpetuate
/,-
.
revenues..
Operating
Other
.
company
Preferred
tjn~
doubtful
/ 57,908
58,333
.
192
lease
fr.
124,930
to
the
Sues
449,585
/.-...
.
limited-term
oper.
Rent
7,325
Balance
he
$53,071;
Balance
Assets—Cash,
in
depreciation
,1942,
allowances
1942
$89,072
1
$0.55
share
returns,
of
34,588
stock..'-:.
preferred
common
post-war
quired
$142,351
-
provision
accounts
sales
excess
profit
Dividends
less
S, inc. and
•
1942—12 Mos.—1941
investments
16,335
rectors
4,866
operations—
income
Other deductions
of
Amort,
66.826
taxes
assets:
Profit
reserve
51,197
of
pension fund
Salaries & directors, fees
$3,864,853
3,142,041
/'.
.vappropriation
—
Balance
...
......—
tSelling, general and administrative
Other
;
Net
1941
expenses..
...
Cost of sales
Statement
-
retire,
Property
Interest
for
excess
1942
-
Anvil,
3,070,937
common
Norwalk Tire & Rubber Co.—Earnings—
""Income
1S42—Month—1941
reserve
1941.
1941
"After
Years Ended Sept. 30—
"Gross sales
;
in
578,009
242,463
Provision
Contrib.
Shs.
occurring
/:/"%
546,398
552.000
Legal expenses
'
first
the
year,
3,066.383
470.000
deprec
$259,293
3,027,670
the
55,171
329,342
income
From Jan. 1—
Gross
the-last
is
48,432
289.000
for
to
gas
rates $1,326,700
Commission, according to
second
reduction, in
the
Railroad
257,419
taxes
266,000
Provision
1939
V
Gas
reduce, natural
This
"//%'//// %//:/:/',
taxes
297,028
surplus
Adjustments
applicable
1940
1941
Natural
expenses./._: /;: 263,499
-V
57,013
Other
$687,386
invests/sold.
Fees
Reduce
■
Operating
$1,017,971
realization
.
were
$6,778,175
336,662
assets
paid
amounts
$6,928,772
$1,255,119
Previous
Northwestern Pacific KR.—Earnings—
and
1942
....
on
of
stock,
common
$605,231
companies.
Net profit
November—
1942
-
operations
income
on
fixed
not
of
438,165
82,755
83,303
265.
or
% 200,000
w 1,379,100
438,165
Profit
to
figure of $2,295,750,
27*500
....
300,000
,
($2.50
Profit
of
The item ol real estate owned,
including home office building, con¬
tinued the downward trend of recent
years, showing a further shrinkage
to
-within
rates
to
California
'
:
depreciation and amortization/of $887,993 in
$5,946 shares of common stock.—V, 155,
subsidiary
totaled
p.
Co.—To
Divs. from wholly owned
death
amounted
agreed
the
regular quarterly
the
Like
preceding quarters.—'V„ ,156* p, 1420,
dispatch.
p/2309,
Dividends
300,000
reserve
Investment
including loans,
claims.
Payments to living policyholders during 1942
$3,305,679, while death claims paid during the year
$2,811,730, making a combined total of $6,117,409 paid to
policyholders and beneficiaries during the year 1942, the report said.
exceeded
247,735
;
Ogilvie Flour Mills Co., Ltd.^-Earnings-
Dec. 31 stood at »a;516,663, compared with
$9,229,752,as of the end of
last year.
again
has
the
on
15.
-
Years
■■
as
'
retire-
and
1941.
in
31,
total
415,000
profit-sharing
$4,615,316
Profit
The
six
Electric
&
by
and
record Jan.
/•%■
156,
Gross
surplus
"Less
consist
Once
the
Period End. Dec, 31—
for
share
per
$602,222
excess
—
$34,047,883.
past;, several years, the statement said.
and
Total
a
first
evident for the
Gas
cents
holders of
172,035
surplus/%—,1,099,262"
\Treasury stock
Dr74,783
mortgage loans increased from $16,491,993 as of
1941, to $18,174,705 at the end of 3.942; these investments
principally of selected FHA mortgages on new city homes, ,the
report said.
;v :iyV-<;:\/'<
(Policy loans again showed a moderate reduction, continuing a trend
Dec.
534,264
Earned
At the same time total assets climbed to
$93,777,557, compared with
as of the end of 1941. -' Capital, contingency reserves and
surplus also increased substantially, to a total of $7,147,995, according
to the report.
;//%/"• ;
New
purchases of Government bonds increased total holdings by
during
$4,182,222
5%'.' cumulative preferred stock ($100, pari—1,368,100
$86,729,083
Holdings of
in each of
50
share have been, declared
to
1
230,788
fund
Common stock
$498,544,076,
190,892
$455,480
Nunn-Bush
surtax and excess profits tax
have been- made on the basis
1942,
revenues....
$300,000
payable
inc.
to
31,
157, p. 45.
Operating
480,821
payable
wages, salaries, taxes,
for capital stock,
Fed.
Oct.
%'//
>
Special reserve for inventory price declines, etc. /
(Minneap¬
gain of $17,346,565
since the end of 1941, according to the
company's financial report,
traditionally the first year-end statement published in the industry".
$5,796,921
29,714
$4,615,316
/
profits and State income (axes
Although 17%; of its full-time agents are now in the armed services
other war work, this company
reports another sharp increase in
insurance in force, and a reduction of only 2% in sales 0* new
policies
during 1942.
■
' • ••• •.>/../,•/■
■/'
: ;v
in
1
Francisco
Federal
'.
29,133
$2,504,079
Pacific Power & Light Co.—Earnings—
975,288
1'"•/•
-
etc,.--:-;:^—---.-./■
$143,212
or
insurance
36,219
.........
Period End. Nov. 30—
; 2,324,931
681,560
—
Accrued
Due
Life Insurance
of
per
'<>•"'
$180,574
24,256
Cr8,478
.
1941
187,180
,
.....
Accounts
olis, Minn.)—1942 Reviewed—
Total
—V.
%;;/.// /.•'•'
:4
67,963
Crl0,l26
construction.......^
ended
Feb.
company
Net
ment
National
$1.50
company's
$1.12
»
264,478
57,289
$2,349,217
hearings
San
a
,135,456
,
1942
.
,-
Liabilities—
Notes
%„•<
•
Northwestern
The
after
70,605
1,961,524
.
Total
$477,411
period
for
stocks
to
dividend
of
Pacific
200,156
——
1,621,250
262,519
........
Rates—
$259,973
L—$543,974
securities.._______
Government
1,602,250
%
expense.
deductions
both payable
150,000
31
•*
•
banks.-.:
in
•' .v
...
Balance
$4,478,424
....
&
Revenue Act.—V.
extra
dividend
$403,973
,
$1.07
Prov.
applic.
debt
;
months
1942
An
•
property, plant and equip¬
and for the previous year,
•'•/ •"
——,
dies,
Lasts,
Crl,945
$63,834
.^..4-,
of
Investments
56,44'8
Cr2
constr
income
Dividends
8,925
4,085
deducts,
to
the
268,000
//,///
debentures.—.
on
Other
'
100,000
receivable''.//-—1,016,665
Prepaid expenses
1,701
$99,175
for
930
$4,297,369
income
disbursed
$349,865
$4,477,494
Okonite Co.—Extra Dividend of 50 Cents—
39,193
share„__^)-i_I;^^:-,^r:r;^•l,'
common
the. current
Inventories
$917,388
20
bonds—
mtge.
(est.)4-J-
of
59,600
'■ / 135,456 ;
provision
636,439
24
:/ $98,721
(net)
tax
the
Consolidated
United
revs...
profits
117,333
$4,295,322
.
discount
charged
for" the' 10
151,932
43,981
Cr4,600
—.
transfd. to earned surplus
$249,865
dividends68,512
$69,037..
213,269
300,000
--■;/:
income
on
Net
28,500
154,351
204,600
—-U—
.
taxes.—
excess
Assets—
25,000
charges...,
profit sharing and
"Property, plant and equipment
Gross
14,132
miscell,
dividends
Earnings per
'
'.*
"•
.
•/'
income
$703,330
15,771
debt
Miscellaneous
2,996
yeaf...'
for inventory price declines, post-war
adjustments, etc., trans, to, special reserve—_
ment
2,609,904
*
385,000
125,833
2,048
interest
Interest
$700,334
4,658
'
Note—The
$4,702,024
limited-term
oper.
Other
2,057,737
306,300
profits
•
investments
Net
$5,044,034
21,560
881,833
...
^
—
funded
on
of
Other
Approp.
following
v;/%
231,015
35,463
————
881,667
income.......
income
Amort,
'
$1,065,611
taxes.
Net
1942—12 Mos.—1941
$412,540
,
other
taxes—
'Post-war .refund
Inc., Wellsdealer-managers.
Co.—Earnings—
243,858
expenses
of
L
1
1,596,078
869,500
income
Interest
1941
2,126,711
.
1,545,223
:
*
Co..
&
act
to
period
a
operating
Other
23,790
prof, taxes)
excess
taxes..........
taxes
686,735
1,500,000
23,529
taxes_„A.
profits
845,655
investments...
1692.
p.
$2,758,071
fund
agreements
entered into any
1942—Month—1941
appropriation..
Amort;
excess
income
&
1941
1,600,000
reserve
electric
income
income
Net
-Earnings—
(& Subs.)
expenses—_
Nunn-Bush
to
retirement
deposit
corporation,, at
covering less than
agreement
(other than
State
taxes
retirement
"
$14,816,982 $14,312,711
4,630,087
4,644,615
_
/'Provisions for Federal normal tax,
and
normal
for
$441,257 /;
revenues——
retirement
156,
$1,070,269
Interest paid
Federal
&
efforts
taxes
Property
for
reserves
—
the
with
Wood
best
Period End. Nov. 30—
taxes
are
1942
—
repairs-.._-_.-/.i,-^;.
for
"Federal
1940, Avhile
$3,192,322
income
Preferred
Federal
liabilities
sales
operating profit
Other
first
of
and
Co.—Earnings-
jl—
limited-term
"Federal
made.
1942%
administrative
registration statement to effectuate exchanging
of the securities registered for the corporation's
outstanding first pre¬
ferred.—V, 145, P. 288.
/
''
Northwestern
9,
was
of
Taxes
and U. S. Government
total current liabilities/at
and
current
Co.
Selling
the effective date of the
Operating
Operating
$300,000,
in
on
exchange for
preferred stock
one
by
declaration
exchange
corporation
entered
Amort,
cash
liabilities about $15,000.—V.
Gross profit
firm commitment for the purchase of subordinated debentures.
a
has
receipt
The
and on Nov.
1941,
Years Ended Oct. 31—
.
of recapitalization, the holders of first
exchange agreements prior to March 15,
be determined by the corporation, but
The plan shall become effective automati¬
agreements,
upon
10,
reports
company
expenses
Maintenance
Feb. 28. June 30, Sept. 30 and Dec. 31, last
on
Electric
&
31—
revenues
Appropriation
cents per share on the
in
fiist
for
Gas
Ended ,Oct.
Operating
-
Gross
Dec. 29 filed with
covering $382,500
Issued
be
cumulative
debentures
of 7Va
1940, a payment of five cents per share
Nov,
securities
may
beyond May 15, 1943.
when holders of 80%
exchange
A-2)
2137. •*
p.
plan
their
date
cally,
their
on
Form
to
are
of
amount
deposit
may
(2-5080,
value. 7%
par
face
such later
or
1957.
$100
preferred.
not
due
$100
of
of
preferred
1943,
plan, company
registration statement
a
debentures
•
3.825
on
recapitalization
dividend
a
May 10, July 7 and Oct.
on
Aug.
As
were
Nunn-Bush Shoe
Northwest Publications, Inc.—Registers With SEC—
156,
Corp.-—7V2-Cent Dividend—Assets,. Etc.—
directors have declared
i
In
stock.—V.
common
capital stock, par $1, payable March 31 to holders of record March 22.
and
effort,
war
Nu-Enamel
;
11-month
the
Oklahoma
Years
Operating
period was
all the more remarkable, Mr. Hunter explained, because the company
found it necessary to reduce its number of flights after some planes
were turned over to the U. S.
Government for special wartime service,
—v. 157, p. 44. /.. .v.'-1
•
,/■.■'.
revenue
Disbursing Agent—
Guaranty Trust Co. of New York lias been appointed dividend
disbursing agent for the
..
breakdown
169
in
$2,158,191;
accounts
surrender
banks
value
of
of
Sheet,
and
other
1941,
on
June 30,
hand
accounts
$24,062),
insurance
charged
to
costs
and
expenses
$121,241.
1942
$1,058,776;
accounts
receivable,
receivable (less allowance for
inventories $4,042,577; cash
$2,275,514;
on
life
of, officer
$10,927;
plant
and
equipment, at cost (less allowance for depreciation and amortization of
THE
170
Corporation
insurance, taxes, interest, etc. $79,364;
allowance for amortization) $1,300; total,
$2,724,688; prepaid
$557,9841,
at
patents,
cost,
(less
$199
The
$10,193,147.
accrued
153,
for
Salaries
Operating
Federal
Other
169,474
173,485
2,048,176
,077,200
412,500
237,500
3,025.000
2,850,000
:
1,365
1,305
16,858
15,415
revs,—
Property retire,
$1,050,506
$988,043
2,598
2,271
res.
investments
Net
,
operating
:
Int.
on
mortgage
Int.
on
Int.
int.
277,083
277,083
3,325,000,
106,875
91,390
106,875
1,282,500/
93,361
1,126,863
const..
Crl7,004
Cr3,407
Cr 132,330
Net income
$5,262,410
$1,415,878
156,
Federal
income
3V2%
$100,000
serial
Feb.
due
notes
called
1,
for
due
notes
and
1951,
Feb.
1942—
stock
—V.
156,
Philadelphia
Filed—
The
$7,922,000.—V.
to
156,
2309.
p.
;:/nv
below.—V.
Co.
have been called
$1,080,978
$588,883
••■•,/
average
819,413
184,461
$1,900,391
$773*343
Sheet
and
As
156,
at
31,
Aug.
loan
and
payable,
taxes
$590,000;
ht,
v
accounts
payable,
Federal- income
than
other
$833,769;
par),
1779.
p.
,
directors
$100,
certificate
line of railroad extending
13 miles, in Williams and
Non-current
excess
Fixed
pre"ii»s
p. 1333.
holders
to
share paid
per
from
on
from
ry.
Gross
Net
Net
f
.
(
rv.
The
be
to
operating
company,
6%
1,834
193,982
a
railway__^_
Net
issued
.
in
gold
bonds
due
\v"
Mackubin
'
1943,
to
or
preferred
;
,
on
stock,
public at
the
'(•///:''-"./('.'V-
Legg & Co. may be the underwriter,
46.219
4%
33,776
financial
The
following:-'
During
the
%
par
1,119,593
paid
thereon
have
the
year
ended
been
since
12,
bank
1941,
par
maintained:
railway——
a
Co.
from
Class
B
preference
1941
Earned
;
,
The
(: /////%'
;
Statement—
trade
disposing of
Co.
all
controversies
31,
Aug.
1942,
and
some
corporation
years
has
been
the
90,512
165,598
189,727
-
■%i
5,#86,382
*
counsel
the
the. transaction.
from
that
claims
corporation
advanced
in
should
While
defendant
directors
ultimately
this litigation
on
be
in
certain
further
it
has
are
advised
successful
behalf
of
in
by
special
defeating
Happiness
stock¬
the purchase, the costs involved
this litigation would necessarily be so great that
prudent to submit an offer to settle this controversy
defending
seemed
to Happiness the sum of $75,000, subject to court approval
notice to Happiness stockholders.
This offer has been sub¬
mitted by the court to a referee.
The referee has held hearings, has
by
paying
and
upon
found
the
offer
to
acceptance to the
be
fair
and
reasonable,
and
has
recommended
its
court.
holds 23,319 shares (36.6%) of the $5 cumulative
preferred stock and 2,366,209 shares <41.4% ) of the common stock of
United Cigar-Whelan Stores Corp.
The merger of Consolidated Motor Lines, Inc., into a new corpora¬
tion, Associated
Transport, Inc., has been consummated, and as a
result corporation became the owner of 2,067 shares
(6.6%) of $6
cumulative convertible preferred stock and 42,617 shares
(6.6%) of
common
stock of Associated Transport, Inc., subject to certain pos¬
Corporation
sible
increases
now
or
decreases.
L':
576,645
251,371
1,771,961
■
ii.
157,
$21,593,310
p, 45.
Corp.—Output Up—
»
♦
-
.
is
company
tanks,
and
turning
now
shells,
and
fuses
out
and
radio equipment for planes, ships
industrial .storage batteries lor the
Buckley says.—V.
Navy, Mr.
157,
p.
45..
-
.....
3,826,517
1,741,361
1,017,546
1,481,695
835,415
:,
Distribution—
were
paid
$404,033
$4,579,442
$3,634,490
256,467
205,474
2,637,002
2,044,196
14,306
4,352
199,258
51,113
29,712
10,800
307,130
410,847
36,806
22,916
302,779/.;
275,000
Federal
3,300,775
1,114,426
950,698
taxesA
serve
retirement
of
Int.
authorized
the
$66,742
>
.
445,845
•
stocks
pfd.
33,002
Cr27,626
Cr6,277
$674,286
$363,545
the
430,167
"Loss.—V.
156,
/
430,167
$244,119
period
^—2
merger
460,028
41,425
•••' $44,567
for
,
■
2,464
Cr 2,911
'•
$27,759
to
Dr3,026
$850,298
37,628
2,794
Cr 5 76
income
applic,
769
$1,133,930
Drl82;
36,865
bonds-
charged to constr._
Balance
$853,324
$81,748
$66,842
deducts. ,/.
and
Dividends
10
$1,133,161
$81,930
••
100
;
mtge,
int.
Net
listing of 37,036
(par $100); 63,241 chares of class B
revs
income
on
Other
Stock Exchange has
112
u——
income" (net)——
Gross
On Dec. 15, 1941, an
record Dec. 26.
1
limited-term
oper.
Other
sdmi-annual
stock,
common
%
re-
appropriations
Amort,
$325,472
•
taxes
Property
*
the
on
1942—12 Mos.—1941'
revenues—--
expenses--.^
investments
of four cents per shai-e and the usual
1942—Month—1941
Operating
Operating/
$406,853
Co.—Listing—Merger—
York
*$66,622
2229.
p.
for
'
an extra dividend of 50 cents per share
quarterly dividend of 50 cents per share on the common
stock, par $25, both payable Jan. 15 to holders of record Dec. 31.
Payments during 1942 were as follows:
Jan.
15, $1.50: April 15,
July 15 and Oct. 15, 50 cents quarterly and 50 cents extra, and
merger
of Unite! States Distributing Corp,
Pittston Co., which in addition to remaining a
The
will become, upon the consummation
domestic corporation of. the State of Virginia.
;
corporation
a
the
1 ;(:
of
continuing
corporation.'
-
%
*
%,■
•:
•
:
„
Dec.
usual
15,
year-end of $1.—V." 156,
a
—
State,
'.
for
Federal
Excess
,
one
(C)
by Pittston):
one share of class A
common
stock;
owned
share
One
of
of
share
will
.....
common
stock (exclusive of
l/20th share of common stock.
stock
Distributing
receive
no
stock
of
the
continuing,
;
.
corporation. in
respect of the 62,879 shares of preferred stock and the 360,713 shares
of
common
stock of Distributing owned
by it.
All such shares of
Distributing
stock
surrendered
for
The
will,
upon
retirement
the
and
inc.
fractions
other
of
rights
of
shares,
as
misc.
(normal
and
2,641,567
2,410,54(
2,112,209
,2,254,180
^
Fed.——_
1.941,969
•
V- 904,000
1,567,143
692,184
141,900
2,209,000
2,209,000
$5,321,000
surtax)
-621.816
230,000
and
$5,933,750
surtax
profits
-
consummation
of
the
merger,
be
are
merger
exchangeable for
hereinafter
.
.Other
;
operating
income
Gross
tax—s—-
full shares
stated.
>
and
possessing
such
income-——
•Interest
on
Drl83,259
$5,922,475
$6,446,701
2,369,254
—
long-term debt_v__
of debt discount,
expense . (net)_
Miscellaneous
int., and
other
mium
,'•12,630,503
2,643,799
pre-
521,994
and
ductions
..Net
dividends^
Preferred
•
dividends
■'These
577,209.
22,740
$2,408,340
income
.Common
..
617,994
de-
.
$6,629,961
1,275
1,328
■
Amortization
;
Brl
$5,322,328
(loss)—
income
20,659
-
$2,694,105
740,814
740,814
1,107,770
—-
—
'
•„
•
38,254
$3,146,654
1,207,770
.
^
amounts
not have
equivalent to additional taxes
payable if
the benefit for Federal income
and
excess
profits tax
purposes of
deductions resulting from the
.settlement of a long-term lease and from the refinancing of long-terrh
debt—V. 156, p, 2229.
.
represent
the company did
charges
Public
cancellation.
further provides that no fractions of
shares of stock of the continuing corporation shall be issued, but that
in lieu
thereof there shall be issued scrip certificates in respect of
agreement
Net
,
,
.
preference stock
,
presently owned by Pittston);
Pittston
and
-.
62,879
,
and
2,429,536
depreciation———_
taxes—
local
./
presently
,
for
Provision
.
1941
$23,284,540 $25,448,279 $23,376,56;
;
9,130,732
10,016,727
9,035,99(
j,,-!,,
1,118,305
1,221,027 / 1,276,831
Maintenance
Provision
1942
1942
'
•
revenues
Operation
outstanding 99,907' shares of:;, preferred stock
tpar
shares are owned by Pittston, and 401,664
shares of common stock (par $5), of which .360,713 shares are owned
by Pittston.
Distributing also holds 8.5 -shares of preferred;. stock
and 212.5 shares of common stock,
which are reserved for Issuance
in exchange for certain scrip and certain stock, the- holders or which
are entitled thereto pursuant
to previous, reorganizations.. ,
The agreement of merger provides that the various classes oP stock
of the constituent corporations issued and outstanding .or reserved-for
issuance
shall, upon the consummation of the merger, be. converted
into and become.shares of -the continuing corporation, as follows:
/
(a) One share of Pittston common stock:, l/17th share of class B
preference stock and xk share of common stock; .
(bt
One share of Distributing preferred stock
(exclusive of stock
has
which
Years End. Nov.'30
Nov. 30,
Operating
Normal
of
2138,
11 Mos. End.
."-K
Period—
■/
outstanding
p.
Public Service Co. of Indiana, Inc.—Earnings—
}
1,075,100 shares of common stock .(no,par).
Pittston has
$100),
•
the
/Charges in lieu of Federal taxes—
v
.
directors have declared
The
and
statutory
a
into
and
,i\-
Prentice Mfg:. Co.—Extra Dividend—
r:- (G. E.)
preference stock and 580,000 shares of common stock will be
under the provisions of the agreement of merger between
Pittston Co.
(Del.)
and United States Distributing Corp., pro¬
B
Distributing
liti¬
holders for damages or for recission of
in
6,324,118
_•
(par
surplus
Other
4,849,937
2,050,653
1,617,227
w
Of such shares, 37,036.5 shares of class A preference
the
v
disputes...' Pur¬
gation respecting 97,210 shares of stock of Loft Inc. (now Pepsi-Cola
-Co.)
purchased from Happiness Candy Stores, Inc., early in 1937.
All but 2,000 of these shares were sold within that year, and no profit
resulted
42.833
3,703,650
Period End. Nov. 30—
174,663
•
stock, 63,241.18
shares of class B preference stock and 576,644.675 shares of common
stock are provided to be issued upon the consummation of the merger. ;
The agreement of merger provides that the stock of the constituent
corporations outstanding or reserved for issuance upon the date of
consummation of the merger (except stock of Distributing owned by
Pittston), be, on such date of consummation of the merger, converted
into and become shares of class A preference stock, class B preference
stock and common stock of the continuing corporation upon the bases
set forth below; that all the properties and assets of the constituent
corporations be vested in the continuing corporation;
and that all
debts, liabilities and duties of the constituent corporations attach to
suant to this settlement,
all litigations pending between the parties
throughout the world are being dismissed without cost to either party.
For
stock,
Philco
.The
providing for the merger of United States Distributing
and into Pittston. ;V;i;.
.v,;--(•
v.
37,500 shares of class A preference stock, 65,000 shares of
of
merger,
affords
been reduced from
the preferred stock
quarterly dividends
dividend has been paid
trademark
and
535,848
'1,599,417
-.
1939
100,220
of class A preference stock
Delaware
adjudging
Cola
1,198,000
.
Output of this corporation;, now 100'%
converted to War work, la
already considerably higher than ever before in its history; and should
expand further in coming months, James T. Buckley, President,-says,.
authorized
the
by
:
Portland. Gas & Coke Co.—Earnings—
1940;.
$341,941
two .cents, per*1 share
of
New
The
class
less
not
i
Judicial Committee of the Privy Council of England
that the trademark "Pepsi-Cola" does not infringe the
mark "Coca-Cola," a settlement was agreed upon with Coca-
sion
:
series
stock
Common
/ 92,943
198,024
$1, on Dec. 28 to holders of
of two cents was disbursed.
.
During
•
bonds,
Capital;.
2044.
p.
extra dividend
ment
the fiscal year $1,207,250 was received in
dividends
Pepsi-Cola Co., compared with $724,350 in the preceeding fiscal year.
All significant litigation affecting Pepsi-Cola Co.
has now been disposed of.
In May of this year, following the deci¬
Pepsi-Cola
trust
145,168
778,500
1,045,000
Corp. with
stock
common
60,417
328,150
stock
preference stock (par $1001, and 576,644 shares of common stock (par
$1) on official notice of issuance pursuant: to the terms of the agree¬
consisting of one share of common stock of
Celotex Corp, for each five shares of common stock of Phoenix. ;
Corporation now owns 482,900 shares (25.4% ) of the capital stock of
on
%
due subsequent to one year
preference
Army
154,963
income—
Pittston
\
regular
and
12,244
___________
loans,
collateral
Int.
has
loan
and
359,108
(estimated> -7.1
advance
A
extra
all dividends in arrears on
Nov.
on
in
Class
'244.583
207,784
271,792
$460,362
income—_
raiiway-i^j
156,
An
;
corporation's
year
full
in
the
for
received
Equity, of minority stockholders In subsidiary companies-
899,291
353.341
-
•454,493"
1942
oper.
dividend
;'•:'
$5°0,000;
$2,127,425 to
were
statement
,
788,927
liabilities
current
for claims payable under State self-insurance laws
Reserve for probable loss on disposal of idle properties---J
13,303
186,005
i—1*%,
from
from
with
the
1,261,039
Reserves
•29,570
17,939
$513,594
railway——.
railway-
oper.
viding
Phoenix Securities Corp.—Financial
$810,916
payable,''
liabilities
;
v
^
Pilot Royalty Co.—Extra
5% first mortgage bonds due 1953.
The bonds are
exchange, principal amount for principal amount, for
mortgage
100.
$21,593,310
"i-:'■■vbv-
equipment notes due subsequent to one year_i.
Real estate mortgage notes, due subsequent to one year___
First mortgage sinking fund bonds of subsidiaries___i___:7
4% collateral trust bonds, series
$97,365
93,027
income_7_
2044.
from
ry.
—V.
Pinehurst, N, C., on
(2-5079, Form A-2)
at
resort
.
----L-;-
Total
1,409,439
250,855
oper.
ry.
Net
last,
winter
and deferred
-
loans
~V.
32.074
1,353,629
from
Gross
registration statement
a
amortization___
'u..
1939
$115,173
"
12,435
railway-——
From Jan.
$250,000
first
than
the SEC
321,246
,
! 62,243
Pittsburgh & West Virginia Ry.—Earnings—
<N. C.) Inc.—Registers With SEC—
29 filed with
investmeuts_i______
charges__L_i„__-:______-___
Bank
$123,391
25,123
income—_
156, p.
The
covering
and
,14,950,452
of
Contract obligation,
•-
1940
1941
1942 •
$115,523
railway——
from
shares
Dec.
6,144
expenses
Accrued
Nov.
Pinehurst
3,618,271
(net)___
(net)
net
.Accounts
from Pioneer- to
Fulton Counties,
Chemical
railway
oper.
from
—V.
Net
$1.75 iper, share
cumulative
2,
receivable
sinking fund for retirement of first mortgage bonds
Bank
From Jan. 1—
record
of
Nov.
accounts
Prepaid
.
Jan. 20.
This compares
and $1.75 per share each
]„
1941, to and
including Aug.
1, 1942.
The
payment,- also $1.75, was made on Feb. 1, 1938.—V. 156,
$3.50
quarter
7%
v
Cash in
abandonment
i
j.-
'
$1,009,06.5
deposits:
and
accrued______4-,___^4i__u-__^4.Ir-'-L-v.
receivables
assets
Leasehold,
Other
November—
of
dividend
a
the
receivable
,
at cost__________—• «.' 43,235
acceptances
Liabilities—
permitting
its
of
a
demand
;
•
571,985
RR.—Abandonment—
issued
and
-
814,854
Asplundh,
from
Net
redemption as of Feb.
on
hand
trade
.
.
Special deposits
total, $7,184,042,
capital surplus, $4,891,292;
V'': ".I',';: f;
y/
23
Dec..
on
company
T.
Gross
declared
I.
Feb.
payable
"with
have
accumulations
of
1,198,000
inventories
I"
$3,589;
and
Treasury bonds,
Interest
'
■-
on
S.
Notes,
appointment
Net
Corp.—Accumulated Dividend—
Phillips-Jones
The
$1,043,000
■
Couso^lidated Balance Sheet as at June 3(1, 1942
U.
,4
Net
account
Outstand'g
$1,045,000
(After giving effect to proposed merger)
.
Cash
1942
$147,367;(investments, $7,022,furniture. and fixtures, $1; total,
$13,706;
expenses,
Columbia
Gross
Net
2309.
p.
Authorized
■
continuing corporation will, upon the consummation
Assets—
,
hand,
on
the
Forma
Pro
.-
liability for Federal income and excess
no
Pittsburg: Shawmut & Northern RR.—Earnings-
1, 1943, a total of
$94,000 of 5% collateral trust bonds dated Dec. 15, 1908, at 105 and
interest.
Payment will be made at The Pennsylvania Company for
Insurances on Lives and Granting Annuities, trustee, 15th and Chestnut
Sts., Philadelphia, Pa.—V. 156, p. 2044.
.
.
■ •Vr.
for
banks
in
November—
Philadelphia Rapid Transit Co.—Bonds Called—
There
; "25,938
Vice-President, announces, effective Jan. 1, 1943.,
of W. I. Galliher as Executive Sales Manager of
Division, manufacturers of heavy industrial
chemicals/ including alkalies, chlorine, calcium chloride, and special¬
ties,
Mr, Galliher, formerly Director of Sales, succeeds Eli Winkler,
who is retained in the capacity of Executive Consultant,
The
Chemical Division's
executive sales offices were transferred
from
New
York, N. Y., to the general offices of. the company in
Pittsburgh on Sept. 1, 1942, completing the program of coordinating
all
activities
of
the company's
several1 divisions at central
head¬
quarters.
Mr. Galliher will maintain his office in the Grant Build¬
ing, Pittsburgh, Pa.—V. 156, p. 1956_\V;;/
•;,•: ■ ,'V
E.
the
leading
Improvement
follows:
as
as
■
ICC
the
the
subsidiary operating company of the United
Gas Improvement Co.'s holding system, has filed its plan for recapital¬
ization with the Securities and Exchange Commission.
% -/:•?
The
plan proposes that the recapitalization shall be effected by
changing or converting the 15,000,000 authorized common shares of
Philadelphia Electric into 2,369,076 shares of $1 dividend preference
common
stock and 12,630,924 shares of common stock, both without
par
value.
The 10,529,230 common shares now outstanding will be
converted into new $1 dividend preference common stock by the ex¬
change of each outstanding share for nine-fortieths of a share of the
new
preference stock and thirty-one-fortieths of a share of the new
common stock.
Further details of the plan are outlined under United
Gas
of
shares
Co.
merger, be deemed by operation of law to have assumed the
following contingent obligations of Distributing in the amounts stated
of Nov. 30,
1942: as guarantor of the semi-annual sinking fund
requirements of $45,000 and of the interest in respect Of the outstand¬
ing $738,000 principal amount of first mortgage 6%
sinking fund
gold bonds, dated July 1, 1927, of Sheridan-Wyoming Coal Co., Inc.;
one
of its subsidiaries; and as guarantor of bank loans of certain of
its other subsidiaries,
aggregating $306,100.
■
vV'"''
'
82,269
-
357
tax
Pittsburgh Plate Glass Co.—Appointment—
.
■
company,
360,713
and
Recapitalization
Co.- -Proposed
Electric
.
Pittston
by
63,241.18 576,644.675
preferred
the
Income
has letired since April 29, last, $478,000 of its series B
As of Nov. 30 the amount of these bonds outstand¬
company
based/on
corporation has
Fayette, approximately
Ohio.—V. 143. p. 934.
bonds of .1956.
4%
defense
&
of
13,334
,4——————-^——/
—LL—T_'_\
expenses
156,
The
1956.
ing had been reduced
of
shares
Distributing held
addition
Total
Marquette Ry.—Reduces Bonds—-■
Pere
The
:
2,058.175
collateral trust bonds, series B—, .1,198,000
In
Cr5,000
32,997
expenses——'
Pioneer & Fayette
Earnings Estimated
>
•
p.
0-5,000
.
($1
—V.
Ranney,
A.
over
Liabilities—Bank
Chairman, on Dec, 31, announced that the
company's net earnings for 1942, after all taxes, would be equal to
approximately $5.50 a
capital share.
He said
reduced rates for
gas,
ordered
on
Dec.
30
by
the Illinois
Commerce Commission,
would cut the company's earnings about 50 cents a share in
1943.
George
62,879
collateral trust bonds, series A_
5,569
profits, $41,173; reserve for possible additional taxes for prior years,
$51,158; $3 convertible preferred stock ($10 pari, $773,060; common
by
People's Gas Light & Coke Co.
for
$3,478,229
1950; $100,000 3V2% serial
serial notes due Feb. 1.
will be made at the Corn
trustee, 1510 Chestnut St.,
1,
at
37,036.5
the
10-year 4%
3 ¥2%
$100,000
102Va
and interest.
Payment
Exchange National Bank & Trust Co.,
Philadelphia, Pa.—V. 144, p. 1448.
1952,
$7,184,042.
1, 1943, a total of
redemption as of-Feb.
of
10-year, 4'%
'7,986
book values——__
profit
accrued
been
have
37,036.5
______
,_r—.
6,849
3,369
defense taxes
and
income
securities
of
sale
prepaid
967;
Pennsylvania State College—Notes Called—
(The)
There
—
share of Celotex Corp.
Balance
2228.
p.
'
37,036.5
The funded debt of the continuing corporation will be
,s
profits taxes for the fiscal year ended Aug. 31, .1942.
3,846,532
stocks for period
to pref.
Balance
—V.
agent
common
on
Note—The
$7,324,761
3,846,532
$516,402
$594,760
applic.
10.971
of
common
1,956
•
Assets—Cash
Dividends
17,500
6,547
u_,
1941
of
Net
1,282,500
1,218,090
Cr81,374
to
shares of
37,036,5
to
________
■^Exclusive
3,693
■
for Federal income
on
3.325,000
bonds
respect
Total
3,500
7,500
—
Common •
63,241.18 537,550
__
Distributing preferred
33,976
—
;
Excess
Profit
$13,068,977
deducts.
and
charged
—_
With
j
25,863
41,619
CI. B Pfd.
CI. A Pfd.
Outstanding—
common
f With respect to 41,163.5. shares of
Distributing, common
—
Cr4,576
expenses—
recovered from associated company—./
Additional
31,079
44,489
Pittston
84,035
4,350
disbursing
Transfer tax
$10,819,954 $13,037,898
$990,314 $10,864,443
$1,053,104
debentures-
Other
legal
,.
„.
.
accrued
services
Provision
_______
1,950
■—
——_
—
of
adjusted
'Gross income
$885,731
1,850
—
Interests
(nett_
income
$1,288,541
58,285
to Be
,*With respect to 1,075,100 shares of
"
limited-term
of
Other
Dividend
ap¬
propriation
Amort,
2,233
:
Amount
_
$883,498
registration and transfer
Other
*
The foregoing exchange provides for* the issuance by the continuing
corporation of its stock as follows:
Shares
$1,285,452
_
(
___j
fees
expense
Stock
,039,326
taxes
.
-
Office
573,588
taxes
of
1941
3,089
_
——
consultants
21 ,290,263
1,838,556
1942
8,664
Tax
$3,812,477 $46,184,283 $43 ,310,102
1,941,761
472,430
.
stock
common
'.'•■
28,003
22,918,756
7,355,539
expenses
the
31—
cash..
in
—_
Legal expenses
1942—12 Mos.- -1941
1942—Month—1941
received
_
Directors'
Pennsylvania Power & Light Co.—Earningsrevenues—$4,048,036
(28.6,'%). of
Aug.
.*■
Total
Adjustment
Period Ended Nov.-30—
Ending
:
Auditing
Operating
shares;
Monday, January 11, .1943
Corp..
Years
Interest
payroll
997.
p.
93,100
owns
Coast
Income—Dividends
payable, banks $350,000; accounts payable, trade
$450,896; taxes other than federal taxes on
income
$281,484;
provision for federal taxes on income $3,353,987;
other accounts payable and accrued expenses $103,415; mortgage pay¬
able, 5 '/e, installments due within one year $20,000; mortgage payable,
5% $145,000; reserve for contingencies $550,000; capital: $1 cum. conv.
pref. shares, (par $201
$400,000; common shares,
(par $1) $300,000;
capital surplus $1,076,521; earned surplus $2,312,157; total $10,193,147,
—V.
South
Earnings
Liabilities—Notes
$849,687;
COMMERCIAL & FINANCIAL CHRONICLE
The
SEC
Service Corp. of N. J.—Bond Sale Approved—
has approved
the sale by the Corporation to its
Public Service Electric & Gas Co.. of a
represent
the
Transactions
•Service
cost, of
same
include the
Electric & Gas Co.'s first and
subsidiary.
number of bonds at prices which
to the parent company.
following: $559,600 face
ref.
amount, of
mtge, bonds, 5%
Public
series, due
2037,
$%
5%;
first
due
series,
$17,000,
for
2037
also
two'Other
gating $259 for $610,—V. 156, p. 2310.
Service
Public
:
bonds,
gold
mortgage
due
1962,
Electric
J*•
■•
issues
—52 Weeks
aggre¬
.
Purchase
Period Ended—
:v;,<7%
.•:/&' V.<:'v.--Vl:
Vj.':7 •>'
have
which
made
cost
at
103 Va
been
assumed
by Public Service.
to
125.'
to
Bonds
purchased
Other
Fidelity Union Trust Co.
trustee.
as
See
also
V.
Prov.
for
Coupons maturing Jan.
will .be paid
ing
157,
Net
1943,
the
on
Shs.
45.
p.
of
of
Toronto, Toronto,
of
4%
the date of
■/•/•/.•/'
per
the
Montreal.
U.S.A.
VAs
of
no
^half-yearly
the
is
payment
said
is
coupon
period,
Bank
made
in
the
at
of
rate
time
.same
the
Mon¬
stk.
com.
of
exchange
the
maturity
thereof
869.
p.
with
July
to
1,
memorandum
a
be,
will
so
A
distribution
Feb.
1
of
13
stockholders
to
cents
of
share
per
record
Jan.
This
is'derived
entirely
expenses.
Payments during 1942 Were as follows:
from
1334.
p.
of
en¬
5%:
RCA Communications,
revenues—
$644,478
rev. deducts.
389,384
oper,
Total oper.
2,
7
is
revenues—,'>•- $255,094
communic'n inc.
6,628
;Other
and
accounts
in
31,
Other
$50,000),
receivable
notes
and
$4,281,143;
States
(less
of
life
charges,
Insurance,
$92,907;
preferred
stock
cess
inc.
$124,073;
post
$261,722
$6,940,646
of
/y///7
4,461,661
4,807,913
$100)
,$3,000,000;
$4,094,292;
Gross
inc..,
excess
of
from
ord.
stock
common
Net
ordinary
Or 11,400
Net
$335,483
$2,523,540
/'•■.//-
296,037
358,291
$228,486
$299,471
$2,227,503
(credits)
6
267
6,495
inc.
(charges!
299
238
9,842
$2,224,156
1,435,100
$2,684,841
1,649,800
$228,181
from
net
$299,500;
72,700,
inc.
plies,
Net
;
inc.
11,485
1940
$673,590
181,810
138,921
iproduc.
depletion
leases
100,959
31,319
21,031
—
and
(development
roy.)
costs)
192,900
$155,481
$106,600
$789,056
30,
$315,065
paid
amounted
1942.
notes
inventories,
in
Total
lease
Sept.
•"
$77,932
$452,373
$746,200
58,831
86,669
637,532
credits,
capital
insurance
over
State
and
Net
deficit.
operating
Ordinary
Deducts,
,
Dr$95,140;
inc.
$8,737
$185,159
157,685
1,029,288
438
750
$11,053
The
receivable,
cost,
$9,502;
$292,310;
permanent
U. S.
War bonds—series G,
fixed
assets,
$2,429,539;
net
$3,673;
oil
and
prepaid
,
,
•Mn
Net
ordinary income
inc.—Charges
$105,993
$148,510
capitalized
••
$1,074;
$100,109;
total,
accrued
ad
valorem
.Deducts,
from, net
inc.
$148,510
87,000
Net
,
$938,124
589,970
$798,379:
679,195
total,
$53,915; other accrued taxes,
contingent
liability,
$2,691;
de¬
affiliated company (W. H. Roeser, Inc.),
$12,382;
shares
earned
$366,924;
par),
no
surplus,
$4,734,570.—V. 155,
directors
97,297
—V.
156,
$18,993
2310.
p.
•* ;
.
$119,184
$51,213
$3,781,213;
V.
Railway Express Agency, Inc.
■
8
s
and
Operating
income..
25,784,019
expenses—/
■Revenues
12.454,792
Express
.Interest
J
taxes
and
affected
Other
114,225,905
750,939
dividend
a
95,843
transport, rev...
12,396,648
64,325
,5,429,702
84,874,074
of
30
cents
share
per
on
profit
Selling, &c;
of
1942
from
Profit
operations—/—
,
53,095 U
^
/■
>
income
'
/__./__
'—$107,766
Income:" charges
Federal
for
Provision
before
•
—_/$72,643
.Class- A
dividends.....
Class
/
.'...
-
p-7','/
■■
1
Assets—Cash
511;
of
Costs
"37,461
..
4
no
par)
surplus
v
Balance
$112,385;
equipment
Sheet,
accounts
June
30,
receivable
Collectible
from
payable
1042
*
k
$87,709;
other
.
Pittsburgh—December
Period End. Dec. 31—
p.
under
war-
$338,676
inc.
taxes
7%
dividend
stock,
have
25
cents
of
25
per
both payable Feb.
.cents
no
par),
7
of record Jan.
addition.
V.
156,
p.
the
year,
bonds
government
materials
prepaid
taxes
■■:,•;•
and
and
(at
cost)
supplies,
$29,600;
etc.
$649,215;
(subject to
property
mortgage
insurance
total
$57,525;
/ •/'■\
.
8401,217;
salaries
and
/
payable
wages
income,
Dec.
and
declared
30
the
usual
;
dividend
a
of
$1
Like amounts
5.
share on
share
per
quarterly dividend of $1.75
were
per
15 to holders
paid in each quarter during 1942.
Distributions
Jan.
15
on
the
common
stock
during 1941 were as follows:
April 15, $1 each; July 15, $2.50, and Oct. 15, $1.—V. 15G,
and
1780.
//■/
,
// Max
vided
.:
„
■$>■'.-..
,'//: ;■;
■
•*.*
Weinstein,
The
President,
plan
group
is
the
N.
Y,/and
underwritten
entire
cost
includes
visiting
this
.j
the
the
by
has
company
in
Chicago,
the
of
Fifth
pro¬
:
being
.,•>
,
Life
by
borne
'
nurse
and
care
distribution
the
1244.
health
on
11
by
short
of
of
conservation
and
disease
prevention—V.
156,
making
new
a
5,316,000
tons,
total
a
The
for
tons,
5.4%
or
new
a
compared
broke
output of 4,739,000
compared
with
the
double
to
The
the
best
figure
30,
1937
will
be
will
the
St.,
until
N.
3
p.
tons,
for
any
first
Net
Net
care
on
of
Jan,
to
date
by
prices
the
the
not
trustee
above
from
from
Manufacturers
will
payment
1943.—V.
156,
be
20.
Jan.
on
Trust
Bonds
Co.
and
on
will
the-common
stock,
with
5
cents
payment was
$2.50,
par
each
in
to
paid
June,
holders
July
on
of
record
1
and
156,
1938—V.
p,
Dec.
on
Dec.
Oct,
1,
date,
on
Co.,
it
has
drawn
of the sinking fund,
bonds,. 4%% series due
103,
at
and
after
together
Feb.
New York City.—V.
1942
4,
with
accrued
1943,
156, p.
at
the
614.
-Earnings1939
1940
1941
$761,044
$575,410
615,376
280.722
172,927
99.757
income...
390,459
195,694
122,191
36,336
V
railway....
11,094,373
7.096,539
$500,747
6,422,486
railway../.;
5,285,278
2,443,741
2,032,893
income...
3,167,689
1,718.810
1,399,522
oper.
156,
6.460,401
2,195.893
f
1,474,973
2045.
p.
St. Louis-San
/
November—
Gross
Net
last,
31,
1942
J 941
194C
1939
railway.//.
$8,453,935
$5,099,727
$4,231,688
$4,012,335
railway....^
from
or
cease
ry.
Francisco Ry.—Earnings-
./ "■■'/
3.380,147
1,442,801
1,046,926
7)9,737
from
income...
oper.
2,851,556
1,132,505
822,485
526,497
77,127,080
53.769.568
42,062.887
41 882.329
27,375.990
15,076.052
7,614,388
6.625,883
22,719,093
11,558,059
4,439,042
3.351,980
From Jan. 1—
from
Gross
cents per share was paid
10
redeemed
York Trust
gold
$1,121,738
from
from
ry.
—V.
Net
made,
85.
p.
be
redemption
that
announces
operation
fund
railway....
railway.....
oper.
ry.
15
Sealed
par.
trustee,
through
sinking
5%
mortgage
the Capitol Theatre at
Port
sufficient to exhaust approximately
opened
15,
year-end dividend of
Net
(covering
at
will
as
4,
From Jan. 1—
in
EWT,
m.
of
City,
Co.,
St. Louis Brownsville & Mexico Ry.-
Net
Y.
the
,November-
57% .—V. 156, p. 1957.
corporation
fund,
delivered
Jan.
on
Beaver
amount
which
at
45
bonds
to
Feb.
mortgage
all
tons,
net
Trust
on
first
office of The New
best (previ¬
916,000
York
of
interest
Gross
amounted
was
New
redemption
$108,000
1979.
to
273,000
Safe Harbor Water Power Corp.—Bonds Called—
of
the
adversely
twelftn,
Net
Net
from
ry.
—V.
railway....
railway.....
income...
oper.
157,
p.
46.
This
22.
The
1942.
85.
St. Louis Southwestern
(18.110
$100,000;
437.
Sales
$257,646
.
A
,
dividend
v.
of 50 cents per share was declared on Dec.
payable Feb. 19 to holders of record Feb.
p.
made
were
1941.
1.
156,
share
per.
have
V-,,
Up 31.6%—
The
2
and
Oct.
dividend
31,
1942,
25
was
cents
and
on
on
29
July
on
Jan.
15,
22
(The)
earned
;:4
V
-
All
due
of
and
1937—
1334.
declared
on
20:
Net
Ry.—Earnings—
1942—Month—1941
at
Trust
&
1942—11 Mos.—1941
1,
102
1948,
and
have
been
interest.
Rochester
called
Payment
Co., trustee, Toronto,
for
will
redemption
be
made
of
as
at
the
Ont., Canada.—V.
bonds
March 1,
Chartered
127,
p.
2837.
Oper.
revenues
1942—Month—*-1941
$521,361
...
from
accruals,
tax
Ry.
ry.
op.
21,280,463
15,825,263
$533,633 $21,904,979
$9,690,343
2,050,491
$2,263,044
ad
87,476
61,028
889,023
682,616
taxes..
1,400,000
______
9,006,883
750,000
taxes...
83,110
79,301
858,368
631,645
income—
$393,303 $11,150,705
22,766
283,766
$7,626,082
inc....
$692,459
28,392
inc...
$720,852
$416,068 $11,434,471
$7,878,989
valorem
income
Federal
-
Ry.
oper.
Other
ry.
Total
oper.
ry.
Deductions
oper.
from
ry.
1942—11 Mos—1941
$492,052
$5,677,243
6,845
3,780,219
3,546,951
ry.
oper.
inc..—
366,103
147,170
3,489,460
1,784,536
$354,749
$268,899
$7,945,011
$6,094,453
7,087
319,738
Net
252,907
op.
/
income
Telephone Corp.—Earnings—
Period Ended Nov. 30—
$2,584,124 $43,185,442 $25,515,606
Co., Ltd.—Bonds Called—
outstanding first mortgage 6sinking fund gold
Executor
$4,335,351
2,072,306
exps.
rev.
Federal
Ritchie Cut-Stone
the
Sept.
1943,
:
$2,172,903
$5,382,104
Non-oper.
income
——
7,734
6,250
97,345
105,230
$362,483
$275,148
$8,042,356
$5,199,683
259,034
259,700
2,781,652
2,877,758
$103,449
$15,448
$5,260,704
$3,321,925
'
Uncollectible
usual- quarterly
the
oper.
revs....—.
the
Similar
3.
oper,-
Other
shs.
the
common
Like
oper.
rev.:.
—
••
Operating
expenses^
Operating
350,443
taxes
„_
amounts
In each.quarter since -and-including May 1, 1941, and,
.special, of >25,4 cents - was,-disbursed on. Dec. 22< 1941.—
1334.
Feb.
on
previous
Ry.
1942—12 Mos.—1941
$2,485,247
share, and
been
Goods Co.—50-Cent Dividend—
stock,
payments
■Oct.
Ry.
55,735
81,571
904,310
814,520
$1-15,183
88,522
$90,743
$985,869
687,329
716,320
income
Deductions
from
income
,Net. operating income
-Net. income ciV.-./.i..
—V. 156, p. 2310.
•
-
;
—.
$1,013,546
63,403
Gross
.
Net
—V.
income
156, ,p. 2045.
;
Avenue
111.
Metropolitan
plan
•
,
also
"'"V
Vs•
personnel
the
•
plan
J
•
that
announces
being
with
Co.,
,
''
Avenue, Inc.—Employees' Insurance—
group life
insurance for
and branches in Brooklyn,
store
p.
increase
an
made
The
fell
furnaces
to
sinking
be
to
are
Jan.
common
.
1 to holders of record Jan.
been .paid
•in
tons,
were
amounted
of
Co.,
sale
an
received
so
2138.
dividend
of
22,500
during
cumulative preferred stock, both payable Jan.
in
$32,156;
.
Raymond Concrete Pile Co.—Extra Dividend—
extra
S.
$1,153,025;
Federal
on
stock
common
the
pamphlets
nine .coke-producing .departments
trustee,
15,
to.
the
Rice-Stix Dry
•
An
U.
payable
Period Ended Nov. 30—
$86,-
Class A stock
1942—Month—1941
•"
156.
1942
Trust
July
in
previous
,
inventories
contractors
Federal
$2
$84,513; Class B stock, (100,000 shs.
$282,987; total $608,874.—V. 154, p.
Sales
—V.
$100,768;
$5,513; other accruals $2,937;
Rand's
$289,980
'
Liabilities—Accounts
taxes
for
electric
the
Y.),
compares
41,257
sub-contracts $103,003; notes receivable—(less reserve of
$12,500) S400: property, plant, and equipment (net) $213,847; patents
.$1; deferred charges $5,018; total $608,874.
i
for
N.
100,000
production
other
July 31/41
Sheet, July 31, 1942
/./ / '
/
estimated
of
Rhode Island Insurance Co.—Pays 10-Cent Dividend—
A
$103,125
dividends—////.25,000
B
/':•
.■
of
$138,402
7Vy/; .2,948
y
2,454
taxes—32,176 '.*// 32,823
income
income
in
Moore,
bear interest
on
Net
steel,
scrap
production with
129,000 tons, or 2.8%
held
accepted
8,737
.
$2,921;
Year End. Aug. 6,'40 to
stock dividend
100%
a
$1,438,774;
$1,015,745;
records
high
new
net
departments.
increase
an
company's
:
dated
$14,000
$129,665
6,028
C.
bids
Chester,
to
Gross
and
Manufacturers
bonds
59,738
' $101,739
-.1
:
//—"—.—./
—
establishing
taxes.
($150,000),
(estimated)
directors
The
on
Gross
1941
$189,405
$154,834
expenses—/———-J.'—
'Other Income
of
production
the
Charles
tenders
7
shortage
a
production
•receive
sales
on
paid
share
per
$2,054,903;
process
99.5'r
at
Rhebem Theatres Corp., Port Chester, N. Y.—Tenders
156,/
Co.—Earnings—
Gross
1942,
local
Federal capital stock
preferred stock, $2,688;
(estimated), $656,678; reserve for
on
1
company
at $1
receivable
in
The
operated
'
Years. Ended June 30—
;
of
it
figure.
the
Randall
whole
a
new
high mark that is more than
previous year. The increase ever 1941
,
^
;
accrued
accrued
payable
Corp.—Earnings—
Russeks Fifth
51,721,795
-
\
,
sup¬
Common Dividend—
the
stock,
1941.
Ingot
,
207,319
>Paypients to•; rail(> andmother, carriers—express priviliges—V.
-p. 2045.
by
increase, pf
ous
900,514
32,731
-5,799
949,441
of
/■
p.
that
announced
ingot-producing
12
iron
Six
;
an
6,865,792
91.255
.
4
past records for coke
101,488,700
7,774,177.
discount
deductions—y
♦Rail
11,158,270
.
Jan.
on
the
record
with
$
$
■'
premiums,
inventory
156, p. 348.
property
treasury
mark.
Pig
high
1942—10 Mos.—1941
17,462,897 207,887,922 161,184,120
830,937
-
debt
funded
on
$
for
company's
(& Subs,)—Earnings—
' 1942—Month—1941
Period End. Oct.'31—
insurance
$52,768;
Royal Typewriter Co., Inc.—$1
267.
p.
major category of steel operations.
Steel
ingot production totaled 8,595,000
479,000 tons, or 5.9%.
New high records
high
•
,
every
$348,154
'
"
1941,
excess-profits, and capital stock
taxes $2,978,000; other taxes $71,145; mortgage notes payable to Chase
National Bank, New York $743,201; capital stock ($1 par), $435,000;
paid-in surplus $340,200; earned surplus $1,020,168; total $6,398,787 —
Illinois—Larger Dividend—
have. declared
company
capacity
transferred
inc.
earned surplus..
to
.
$94,191;
$22,046;
income
on
Russeks.
e
i
unexpired
periods,
dividend
Balance
$409,857;
taxes,
taxes,
common
The
$105,993.
tax,
taxes
Liabilities—Accounts
$4,734,570.
$7,217;
$453,943; due
stock
(211,815
work
Republic Steel Corp.—Operations in 1942—
__
$57,509
•>326,250
Assets—Cash
accounts
$3,624;
$938,124
45,000
....
income
payable,
$21,500;
'
ments
3,675
$843,379
Extraord.
Net
1942,
July 31/42
$1,269,181
addition
Insurance
,
$523,342;
production),
gas
insurance,
stock, payable Feb. 1 to holders of record Jan. 21.
Pay¬
during 1942 were as follows; Feb. 2, May 1, Aug. 1, and Nov. 2,
.25. cents each, and Dec. 29, a year-end of 75 cents.—V. 156, p. 2229,
,»the
952,852
>
15,241
65,513
in
1942
31,
dividend
,■
„
125,477
ord.
from
/
$19,484
Oct.
.
Cash
757,253
income—Non-
communication
in
1939
Sheet,
future
to
franchise
State
$6,398,787/
interest
old,
year
future
upon
income
Reliance Mfg. Co. of
.
$62,762
131,025
income
Net
receiv¬
accounts
securities—at
one
$12,700;
$19,780;
payable,
payroll,
reserve,
ended
year
1943.j.
30,
accrued
rentals,
Federal
accrued
$9,305;.
1942—10 Mos.—1941
$39,347
deductions
oper.
accrued
$13,145;
$1,42
the
$1,059,631;
$2,085;
company,
(contingent
prepaid
$28,867;.
»
1942—Month—1941
revenues....
oper.
Total
to
14,701
:
$2,259,661.
(estimated),
obligations)
at
banks,
marketable
(trade)
investments,
accounts
$504,814;
As
in
and
receivable,
affiliated
other
deferred
ferred
Period Ended Oct. 31—
in
$487,757),
applicable
total,
;
$301,265
$1.49
for
$211,815
-
Sheet
$157,586;
receivable
accounts
to
,
hand
on
$135,425;
$848;
$1,035,041
_
Radiomarine Corp. of America—Earnings—
.
13,965
$52,376
Rohr Aircraft
68,525
96,807
share__T:j^j__u_4—4.'.'
common
Liabilities—Accounts
earned surplus.. *
156, p. 1957.
,
$280,393
262,052
amounted
and
of
taxes
$57;
15,473
185,021
4
$658,117
charges
per
investment
transfcrrcd
'
to
—V.
$138,371
"
12,243
contingencies, .$100,000; cumulative preferred stock (outstanding 7,167
shares), $143.,340; common stock
($1 par), $131,025; capital surplus,
$682,065; earned surplus, $403,207; total, $2,259,661.—V. 156, p. 2310.
106,276
$755,643
deposits, $2,000; other deferred charges,
:.
$236,799
100,000
262,050
Balance
$5,221;
1941
income
$100,000;
income
9,230
$284,283
depreciation
319,471
...
Balance
3,948
13,312
Net
1,910
:
■V;■•
Assets—Cash, $251,867; U. S. Government securities, $455,588; trade
and
notes
receivable
(less reserve of
$32,953),
$269,619;
inventories, $689,424; employee accounts receivable, $487; miscellaneous
accounts and deposits, $3,787;
post-war refund of excess profits tax
(estimated), $7,500; property, plant and equipment (less reserves for
$1,083,864
$767,133
Assets—Cash
$2,694,205
inc.
Extraord.
Deducts,
01,312
2,680
1,361
2,479
y
dividends
in
Federal
1942
432,162
123,278
$3,052,496
36,012
•Extraord.
>
Crl"034
Cr7,500
accounts
156,
$1,311,089
Note—Dividends
30,298
28,828
income
32,500
dividends
accrued
—
depletion
for
Earnings
able,
•
59,000
.
'
tax
reserves
for
Reserve
.
$257,314
;<
333,000
profit'
$54,488
$10),
(par
$21,791,773.—V.
income
Reserve
$3,022,198
■//
$2,534,940
10,975
inc.
$181,038
ex¬
Note—Depreciation
.
total,
—-1.
income
Sept.
ordinary
Deducts,
$296,398
•
income
Total
$2,988,301
33,897
$2,478,985
^ 55,955
$324,508
Dr4,408 J//-
3,239
$715,038
527,500
contingencies
Preferred
Common
plant and
$8,752,747;
property,
$2,420,537),
expenses
Gross
$7,796,214
,
communication
$177,849
5,693
excess
.
Operating income
$290,704
4,167
___•
refund
for
Net
and
•
Ordinary .income—Non-
$710,871
reserve
for
credit
war
$1,000;
accounts,
depreciation
surplus,
Operating income
Other
320,818
1941
986
and
deductions
Prov.
$21,791,773.
banks, $2,100,000;
Years Ended Sept, 30—
General
$498,667
322,976
profits tax--/-/.
for prior years
total,
(par
earned
1939
$613,680
476,644
interest
Post-war
other
accounts
receivable,
$44,497;
inventories,
investment
and
account
with
subsidiary, $95,291;
cash
value
1940
$1,187,515
$808,123
profits taxes
War
loans
employees'
An
130,
6,927
Other
United
common
$801,196
income
Normal
1942
banks, $2,249,134:
accounts
of
Oct.
at
as
share
per
21.
'.1942—10 Mos.—1941
$319,232
'
5,276
;
$6.69
Sheet
cents
15
511,703
Adjust,
$75,000;
earnings
Operating expenses
156,
476,853
Net oppr.
300,000
$4.11
$2,882;
•
Depreciation
'
500,000
$5.15
Gross
Feb. ,2. 14
cents.—V.
$796,085
-
500,000
$2.95
of
last year.—V. 151, p.
Feb. 2,
on
1942
income
Gross
Roeser & Pendleton, Inc.—Earnings—
an¬
Inc.—Earnings-
1942—Month—1941
■
it
income, after
interest
and Nov.
700,000
hand
on
31—
exps.
Liabilities—Accounts
v^
i
period Ended Oct. 31—
Total
dividend 'and
cents each;
1, "8
499,987
Dividend—7y:;
distribution,
company
and Aug.
doubtful
$7,000,000;
p. 1957.
nounced,
cents;" May' 1
§2,724,999
dividend
15 cents per share on the
to holders of record Jan.
sales..*1 $1,312,899
sell'g
Operating profit
Other
Liabilities—Notes payable,
accounts payable, In¬
cluding, payrolls,. $822,200; dividends payable Nov. 1, 1942, $75,000;
provision for, taxes
(including income taxes, social security taxes,
property taxes and excise taxes), $2,228,281; notes payable due serially
from May 1, 1944, to
May 1, 1951, $2,400,000; contract with City of
Waterloo, payable not less than $4,500 per annum
(net), $72,000;
declared,, payable
been
has
-
15/
937,515
Oct.
on
and
150,000
975,013
■_
profit
Admin,
$2,157,546
150,000
share
bonds,
deferred
:
Quarterly Income Shares, Inc.—13-Cent
•
$2,206,059
150,000
tax, $15,400;
sundry
equipment (less reserves for
or
1961,
$2,726,549
150,000
profits'
pre¬
payment
.
dorsed.-—V.. 156,
tax-
(par $10)
per
surrender
that-payment
bonds not heretofore endorsed
any
extension
arranged
$2,214,508
Gross
dividends
advances,
will- be made
against presentation of the bonds at any of the above mentioned places
Tor endorsement thereon of a .memorandum of such payment.
At the
it
1531,771
$6,057,699;
In New York,
respect of such
London,'England,
to the bonds in
attached
has. been
-for
currency
the purchase of Canadian currency at the date of
office
the
at
where
country
vailing for
+802,000
inc.
dividends
Savings
■
treal, Canada, or in the .equivalent of Canadian dollars in the
of
57,747
tl,935,000
47,009
495,000
Assets—Cash
payment at The Bank
in Canadian dollars at the Bank of
annum
110,305
Balance
v" /o/y, fV'./y/vyvy-y
'./y //"
Interest
on
the
1st
mtge. 30-year 5%
bonds for the half-yearly
period from July 1, 1942 to-Jan. 1, 1943 is now being paid at the rate
Canada.
122,469
Years Ended
.tlncludes $915,000 (less post-war credit) in 1942 and $64,000 In 1941,
■for
excess
profits
taxes,
."(Includes
$29,600
excess
profits
taxes.
§$724,999 paid in cash and $2,000,000 paid in common stock.
at the sterling face amount at the therein appointed pay¬
exchange current against sterling at
352,603
(net)
(N. Y.)—Extra Dividend—
extra
an
Rochester Button Co.—Earnings-
51,478,197
384,647
f
*
50-year bonds
lien 5%
prior
55,126,281
455,724
profit
Common
at London. England, or at the holder's option at the equiv¬
said sterling
amount in Canadian dollars at the rate of
agent
alent
1,
77,741,416
507,910
Fed.
Earnings
.
119,900,290
declared
of like amount was disbursed
extra
incl.
exp.
etc.
'
Preferred
by
Puebla Tramway Light & Power Co.—Interest—
;
exps...—„
&
have
usual
quarterly dividend of
par $5, both payable Feb. 1
stock,
Nov. 2,'40
obsolescence
&
inc.
interest,
:
total
from
held
and
delivered
be
to
are
Nov. 1,'41
and the
52 Weeks
53 Weeks
—
purchases are to be
The
not in excess of those indicated in petition at a
exceed $1,200,000.
Maximum purchase prices range
prices
not.
admin,
Deprec.
,7
The Securities and Exchange, Commission on Dec, 30 approved the
application of the company to purchase in the open market not ip
excess of $1,000,000 face amount of bonds of 10 underlying
companies
Oct. 31,'42
The directors
Oct. 28,'39
Net sales ——l_$124,680,176 $81,835,994 $58,258,996 $54,577,865
Cost of sales, sell., del. .y ■'
&
'Bonds—
Richmond Insurance Co.
Comparative Income Account
;'\cw ;//j
/
.
,
Co—-To
Gas
&
small
171
Rath Packing Co.—Earnings—
•;
Trenton RR., a constituent company of Electric & Gas,
$8,500 of Electric & Gas Co.'s first and ref. mtge; bond#.
&
$472,691:
for
$519,000
$504,076;
for
Elizabeth
of
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4141
157
Volume
gross
—
THE COMMERCIAL & FINANCIAL CHRONICLE
172
St. Louis San Francisco & Texas Ry,.- -Earnings—-'.
November—
Gross
Net
1942
railway
income_:I:'
oper.
ry.
.
From Jan.-1-^" "
Gross
Net
Net
•
from
from
ry.
-
*•'"*
•
"Deficit.—V.
3,063,951
1,469,769
1,044,414
*
income-
--
—
special /oash deposits, $11,895; .'investments (less '..reserve 'Of ,$1,900)*,/'
$53,827; land and buildings bVned in' fee (lgsS^^mortgtige$ otf$3,683,598),'
;
-
1939
"$119",777 "
$160,667
21,239
57,155
"11,092
27,287
•■:■"•• •• -<•.• •v •<
1,231,192 '
1,718,517
141,938
531,416 '
"213,366
154,588
$2,154,447; prepaid ,inaurancer( taxes, -etc., $38,177;-total,'-$3;222,884.'f
$129,204'
.
"7,527
273,150
" "95,808
November—
1942
'
1941
-
Net
$117,859
"18,588
•'"33,010
♦15,637
"44,372
"11,282
railway—-.1
1,638,076
1(272,487
1,085,435
1,280,616
railway——'
oper. income—
181,729
77,906
"18,528
>277,905
"350,344
railway——
>
income—_
Oper.
ry.
Extended—
From Jan; 1—
from
Gross
Net
Net
ry.
-Legist R.
.
from
♦Deficit-loss.—V,
i
"260,363:
-
Powell;; Jr., and. Henry /W„
Anderson,, receivers,
have
"207,812
1943
at
$160 flat per $1,000 bond.—V.
Earnings for the 6 Months Ended Sept. 30;
income
Gross
————J—//—— "
———
Miscellaneous
1, 1942, $64,320;
mortgage bonds;
sinking fund debentures due Apr. 1, 1966',
reserve
for
depreciation.. of buildings,, inachlnery
arid
equipment and other capital assets; $2,862,205; preference stock (145,000 shares no par), $725,000; common stock .(176,598 shares no pari,
.$265,000; earned surplus, $292,009; total, $7,867,458;-r-V;. 156, /p. 1060;
an¬
157, p. 46.
income
—J—-
departmental
L—
and
costs
Administrative
and
expenses
-v.
•:
sales;
for
' Fed.
'6,555
:
Net
8,946
1,583
:
•
83,882
>
42,910
78,692
-
$184,143
$251,869
v
20,451
$221,199-
tProfit
.
Consolidated Balance Sheet, Sept. 30, 1942
;
"Received
rental under
a
as
receivable
tBefore bond 'inter-
leasing agreement,
cellaneous
Zest, depreciation, amortization/ and:pprovislort for Federal income; taxes.
1
1940.
/
■'/;
A
Balance Sheet, Sept.,30. 1943-
-
■'
i
v,; /
Assets-r-Cash on hand and in banks, $26,372; cash held by co¬
trustee, -$44,784; receivables (net), $40,362;,. inventory, $277; invest¬
$1,500; fixed assets (net), $684,200; prepaid expenses and de¬
ferred charges, $37,326; deficiency claim, $1; total, $834,821.
/ ,:
\
Liabilities—Accounts
payable,
$6,028;
taxes
payable or accrued,
$20,903; other liabilities, $1,156; bond interest payable, $19,088; guests'
and
sundry credit ' balances, $668; - advertising exchange contracts,
$1,039; deferred income, $971; reserve for Federal income taxes, $191;
income mortgage sinking fund bonds, $763,500; capital stock ($1 par).
$7,730; paid-in surplus,
$54,870; earned surplus (deficit), $47,022;
surplus arising from retirement of income mortgage sinking fund
•bonds, $5,700; total, $834,821.—V. 155, p, 2286.
Savoy-Plaza, Inc.
3 Mos. Ended Oct. 3l—
and
Real
1942
Other
492,185
441,028
80,790
83,497
'
:
$564,508
413,749
417,104
711,683
713,049
$10,808
$23,359
$33,690 A
J—
income
/ 712,435
"
This
Other income—Cash dis counts,, etc.
u'—
2,044
-•
Net
income
Interest
$50,666
35.000
35.000
52,500
52,500
69,137
it
912,853
$26,059
34,587
34,058
52,500
69,137
52,500
69,137
69,137
$143,368
$130,536
$120,544
—
first
on
Interest
:
mtge..
Inc. bonds..
on
Depreciation^-———1
/Net loss
■v
————.
"
./
$105,971
"
restaurant,
"Rooms,
beverages,
telephone,
etc.
tlncludes
social
security taxes of $10,796 in 1942, $9,531 in 194i,- $8,872 in 1940 and
$8,678
in
1939:
;
Balance Sheet As at Oct. 31, 15)43
:./
"
Assets—Cash
hand, $40,000; cash in banks, $59,367; accounts
receivable
(less reserve for doubtful accounts of $15,954), $139,106;
/notes receivable, $634; inventories of food and beverages,. $76,256;
reserve
stocks, $33,809; miscellaneous supplies, $17,742; prepaid and
deferred
on
charges, $130,205; interest
investments,
reserve
of
fixed
assets,
$24,408;
total,
fund, $9,408; miscellaneous
first
on
Shakespeare Co.
expenses,
$18,494;
cumulative
.1936,
$82,050;/ class
,
$13,454,675.
B
balances
3%
at
debt,
Cost
in
stock
common
surplus,
/v/A /
/■ /•
Net
profit
~—
/
sales
on
i
The
company
holders
to
Jan.
on
5
accumulations
account, of
record
of
on
Dec,
Oct, 3, last, and on Oct.
said to amount to $82.25
26.
1,
Arrearages as at Oct.
share.—V. 156, p. 1244.
Scliulte Real Estate Co., Inc.
.
Years End. May 31—-'
Income:' Rentals
Interest
'v
earned
Miscellaneous
1942
for Federal
income
24,767
28,762
_!„-v.u'/.
$719,720
234,104
181,828
165,504
—
estate"■ taxes
—//_——/
interest om mortgages, payable
.General
and /administrative expenses.
26,650
25,704
.
:f
$773,973
243,287
195,743
Assets—Cash
Profit
from
in
Provision for
■
Interest.
abandonment
and
fee
of
real
loss
on
■
Balance
and
in
$6,093/
Sheet, July 81, 1942
banks,
and
notes
payable,
$204,793;
$1,077,191/.reserve .for
contingencies, $129,551; minority interest in capital stock and sur¬
plus of Shakespeare Products Co., $68? common; stock' ($5 par.), $1,484,944; earned surplus, $381,292; total. $3,287,839.—V, 153, p. 109.
payable,
$10,000;
interest,
taxes,
".'"-A .'
//:/,//;■-:. 168-;
compensation,
etc.,
Silver wood. Dairies Ltd.—Earnings-—
1/900
■
/■■:'.:/.-//■ 53,.,
,
<:.l;//
:.
(And Its Wholly Owned Subsidiary, Silverwood's Toronto. Dairy,
Ltd.)
'
-
Profit
Profit
$2,872
sale
on
"Collection
of
real
of notes
estate
and
mtge
accounts
8,000
receivable..
4,209
of
—......
excess
$9,354,320
of
of
Excess
ance
.
earnings
payments for
expense
Profit
during
Provision
'/Provision
for
interest
on
insurance exp.
Interest
$41,139
income
for
profit
Net
$106,518
153,615
for ins.
TOtal
$55,128
debentures.
6,887
loss
———————,
"Written off or for Which reserves
/
accrued
interest
on
mortgage
interest
4,417,526
5,021.000
1,856,599
1,686,213
/
275,188
252,600
247,009
$622,255
$90,783
—
had been provided
$586,146
$427,883
property abandoned.
debentures purchased during the year.
Interest
$98,487
'^Exclusive
■
of
'
and
rev;
to
Ltd
inb:
income
32,109
on
6%
bond
Net
profit
for
1,952
87,000
180,000
taxes on, inc.__
year-
138,169
55,125
9,857
exp.
debentures__*__r
Provision for estim.
.-.
refund,
$605,561
145,660
66,375
—*
16,99.1;
19,415
$664,075
—
of
2,939
"9,711
invest,
Management,-admin, and gen. exps.
Interest on 1st mortgage bonds—
in prior years
on
advances
on
Securities,
Amortization
.tOf
6,365,300
;
sales—
on
received
Silverwood
$22,622
over payments
$6,778,631
2,091,577
prod, exps—
exps.—branches__
depreciation,—_____
gen:
Miscellaneous
13,989
'——.i
$175,183
,
~~
'
.
$447,814
123,711
49,636
87,000
157,000
Assets—Cash
"Series F,
'$24,686;
banks.
in
$37,000;
notes
mortgages
Balance
Sheet,
$417,617;
and accounts
receivable
(less
U.
May 81,
S.
$166,315
$143,067
savings
receivable
reserve
of
and
bonds
accrued
$195,355),
S.
Treasury
taxes,
Act).
tax
$290,908;
interest
,'.Note—During
$485,233;
stock
on
notes
of $4,591,917),
$607,392/
accrued claims payable
$43,095;' other
liabilities,
accrued
due
Smith Co.
(& Subs.)—-Earnings—
1942
1941
$1,934,241
$1,542,501
859,778
808,442
.
profit
investments, rental income, royal-
$1,064,463
-'22,363
$734,059
/•.■■■.
18,172
■
$1,086,826
Prior
normal tax
and surtax
profits tax
excess
(estimatedt_
-
175,650
45,500
Cr2,874
318,000
taxes).
adjustments (Federal
for contingencies_„„
$709,232
$1,046,714
239,000
.
(estimated)
year
Provision
$752,231
42,999
40,112
J.
Federal
Net profit
Earnings per
Note—For
common
the year
preferred and $306,000
Cr5,120
,
Cr 15,000
$419,833
$490,956
' $11.34$13.43
share_^_____
1942 dividends paid amounted
on common.
Consolidated
<
Balance
Cash
and
on
to $34,290 on
8t
1 '■
;//"':[y
,
1942
;...
.
deposit—^-—
the
amounted to
current
year
1941
„..
$477,533"/^/$303,966
'
Marketable securities
193,689, ]//
U. S. Treasury notes—tax series B_—300,560
Notes, acceptances and accounts recelv. (riet»
459,64.9/ v
148,184
569,846
961,892
surrender
Miscellaneous
value
notes
of
and
life
ins,
accounts,
V / 797,875
29,738
Inventories
Cash
$6
:
i\
■
.
.
hand
on
/
Sheet,' Aug'.
•
Assets—
:
..
27,129
12,901
368.313
policies--!—.
etc
/
16,448
•
"Property, plant and equipment--*---/:/-.—-—- !
358,639
Goodwill, "secret processes, etc.
—i
—30,000
Prepaid taxes, supplies, unexpired Insur;; et'e.—'
/
>
30,000
'43,265
50,153
2,34i
•Improvements; to leased prop;- (less' amortiz";)"_*/''"/"1,423 ' /
A;
..
Total/879,725' $2,303,819
Liabilities—- ...,;....
/
v
.
Trade^ accounts
Federal
and State
Accrued
local
Accrued
Federal
115,361
-
Employees' .'welfare account-—••
Salaries;; wages, commissions and wage -dividend •
payroll
taxes
• -
:-u.-
taxesii^^--
'85,238
1,648 y /'
2,213
148,454
•
/ 94;965
...;
.
9,793/
•
5,059
25,762./.
Federal taxes on income
(estimated)1i——_ " "•//• 557,000
Reserve for dividends on preferred stock——
"
5,715 A.
capital
—•
stock" taxes
(est,)/:-/-
,.
contingencies—-..—75,000
preferred stock (par $100)
•
676,100
tCommon- stock
—170,000
•Appreciation of land' and buildings——
68,913
Paid-in surplus
119,997
Earned surplus
——
1,005,039
Preferred stock held.by subisidiaries__/_/._—-/ D/104,167
'
"Less
dividends
declared
$58,000 while common dividends
/on ' preference
totaled $105,959. *
reserves
for
in
1942
and
221,150
5,715
72,198
119,997
926,941
—
depreciation of $664,236
9,150
19,450
676,100
170,000
.
J9rl04,167
Total.'$2,879,725
1941.
.
.
cumulative
—-
/
4.870 /
/
for
•Reserve
•'6%
$2,303,819
$633,034
in
734,000 no par shares.
Southeastern Investment Trust, Inc., Lexington, Ky.—*
44,400
"The interest recovery of $9,711.30 taken into income in the year
/ended Mar. 31, 1942, includes amounts of $4,500 and $1,350, applicable
to the years ended Mar. 31, 1941, and Mar. 31, 1940, respectively.
1942
under
deposits
customers'
income
.Federal
Pays 75-Cent Preferred Dividend—
The
.
Consolidated
$4,682,715;
Profit
87,000
Defense
'
.
government
—
insur-
the year
:—
.Excess of
$22,622
—
over
$7,716,345
3,085
.....
insurance
and
1940
'
Gross
•Consolidated
material
and
Selling
2,118
____
reserves—
•Cost
13,461
1941
■
1942
^
678
refund
Insurance
?
"
'
•Sales
—
5,868
"+Adjustment
Reversal
Years Ended Mar. 31-^
.//$23,469
'
S.
accounts'
19,808
•_:_
investments—.——•
on
employees),
Liabilities—Notes
A $45,230
40,782
estate
(net)—,.
to
accrued
99,350
$43,822
operations—
sale
on
owned
hand
$560,022;. defense bonds, (for
accounts
receivable
(less
reserve
for
doubtful accounts),
$667,052; creditors' debit balances,
$8,908; merchandise, and manufacturing supplies inventories priced
at lower of cost or market, $1,003,631; other assets, $101,172; fixed
assets
(less
depreciation
reserves,
$390,015),
$893,423;
deferred
.charges, .$47,533; total, $3,287,839..,./V;// .- /,.-,/ /-/./'.■/./■/.
resale
{
Loss
-U.
etc.
Total
;
$398,944
/
Federal taxes on income computed on proposed amend¬
the Internal Revenue Code then being considered by Con¬
://-■ //./;/v:-/:. /'■//':,:/.,/'/' >'//.•:/.-/-/•/•■/; '/ /• -■'/:./,;■ >/;-/: ///'(2) The charge of $60,000 to profit and loss to provide for con¬
tingencies was not taken as a deduction in computing Federal taxes
on income.
A charge of $80,449 made against reserve for contingen¬
cies was taken as a deduction in computing Federal taxes on income.
190,364
.
94,461
from
837,084
•:
income,—
net
Consolidated
$721,620
U.
banks)
/
gress. ;
were
•
(less
State/income
Compensation
./;,:/. ties,
$1,366,068
1:_i_ /,/
130,041
taxes
1941
-$666,191
.
,
1942
due
Selling, administrative and general expenses___ :
to
ments
(& Subs.)—Earnings—
A/;'f''
.
/—-—
.Operating- expenses:Real'
.
earned
15,
on hand, $3,207,833;
notes and accounts
doubtful items of $88,594), $6,692,268;
amounts
payable,
(J. Ilungerford)
Notes—(1)
paid a dividend of $1.75 per share on
the, 7% cumul. preferred stock, par $100,
Like/amounts were paid on July 3 and
1941.
per
for
Years Ended Aug. 31—
Gross profit on
.
•
and
reserve
and
notes payable
$2,224,526
433,404
425,054
—.
operations_________:
(less other income i
on
expenses
Surplus
^Includes
(Work¬
$23,673;
May 31, 1945, $15,000,000; reserves for con¬
tingencies, $369,822; Common stock. (500,000 shares of $10 par value),
$5,000,000;
earned
surplus,
$17,061,469;
reacquired capital
shares
(1,200 Shares), Dr$15,168; total, $46,509,607.—V. 156, p. 2139,
men's
/. 2,882,050
advertising expenses
i
//—
and general expenses___^^_„-._
and
Provision
Schaffer Stores Co., Inc.—Accumulated Dividend—
totaling $1,110,747/
$5,106,577
profit
Other
,;/;■/
•
in banks
$13,656,916;
taxes
accrued
($1
($1 par), $27,350; capital sur¬
deficit $2,639,695; total, ($13,454,675.
prior" to
profts taxes and $280,000 for State income taxes.
excess
(less
Operating
Administrative
stock
156,
Gross,
$0.22
months
' tFor - two
/,,":;
Income from
sales^-_.^,i_^___;
Selling
receivable,
dated Oct. 1,
bonds,
A
facilities.
Deductions
'■
accounts
class
of
-
// 498.800
$3.39
^
Net /sales-..
income
on
$9,740,000;
common
$4,769,901; earned
p.' 1334.
plus,
credit
interest
$1,277,500; funded
;
•par),
—V;
$3,750;
profits
(& Sub.)—Earnings—
Consolidated Income Statement fer Year Ended July 31, 1942
.
$11,417; other taxes accrued,- $7,208; other
mortgage,
accrued
,
$108;132
497,900
,
stock ownership, : JIncluding'depreciation of fixed assets
Liabilities—Accounts
ago/
public.
Liabilities—Accounts payable, $127,515; accrued salaries find wages,
$15,594; -accrued electricity,, steam, water and gas, $13,589; accrued
Interest
years
$1,686,682
.
$5.49
.
contracts, $828,661; accrued payroll, $1,913,889/ accrued Federal capital
stock and local taxes, $703,152; accrued Federal income and excess
week
50
over
497,600
.
other contracts, $6,468,560/life insurance policies, cash
value," $1,110,394; investments/, $348,080; property, plant and
equipment (less reserve for depreciation and amortization of $21,775,116), $11,718,382; patents (less reserve for amortization of $63,858),
$49,692; other expenditures under war production contracts; $2,474,000;
prepaid expenses and other deferred items, $783,481; goodwill, $1/
total, $46,509,607.
It also
/stations and other businesses throughout the United States.
manufactures and sells self-winding clocks of special design to the
building, furniture and/equipment (less reserve
for depreciation of $1,659,292), $12,923,740; additions jto and replace¬
ments
formed
66,500
surrender
the announcement said.
Mr.
Phillips .stated that the plant in Brooklyn, which has for
many years been under the management of Charles C. D. Gott, the
Vice-President of the company,
will continue with its present oper¬
ating personnel.
The clock company will-' continue, as iC has for
more
than
50
years,
to
supply the self-winding clocks
used in
-Western Union's time service, through which D. S. Naval Observatory
time is furnished to war industries/ railroads, public buildings, radio
land,
$1;
facilities
,
was
.565,000
t3,192
,
$2,734,657
Assets—Cash
of
last
announced
was
•21,658
1,390,556
§5,305,056.
1942,. amounted
,.w.: v.,
/ ,../ ■ .,
/:•/ -.■:
Consolidated Balance Sheet at July 31, 1942
$497,600.
inventories,
Clock Co., Inc., Brooklyn, N. Y.—New
manufacturers
Inc.,
1,984
1,161,264.
38,437
amortization of emergency facilities
receivable
automatic machinery of Water bury. Conn.,
by Rowley W. Phillips, President of the
machine company.
-//-/:
/.•/-. ■■/';/ -■•■::/-://■//\'v//.
All of the clock company stock was purchased from members of
the Pratt and Bedford families who have owned the company since
2,403
.
943,625
350,258
emergency
44,831
"72,308
51,777
<
"!
'■•
$3,700,995
.
has been acquired by the E. J. Manville Machine Co.,
company
$36,093
2,700
it
/
to
keenly competitive items showed smaller per¬
in past years.—V, 156, p. 2139.
Self Winding
'303,208 1
964,511
../
sub.___._.
Defense
$1,312,722
65,122.
Note—Dividends paid during the year ended July 31,
Control—
$48,682
./.
$5,520,209./ $3,233,744/ .$1,357,553
498,800
share/-. $7,42
per
$3,168,622
70,697
$9,356,309
stock (no par)
100% -capital
and
$5,449,513-
84,891
profit
com.
$4,172,376 for
and in some
cuts than
centage
$9,271,418
.
inc. taxes
of
"National
-
86,288
85,675
713,193
•
operating
Net
Shs.
State
Sears, Roebuck & Co.—Issues Mid-Winter "Flyer"—
1939
'
$546,306
&
income
.
Earnings
Despite shortages, allocations and other merchandising supply prob?
this company put its mid-winter bargain flyer in ,the mails on
Dec. 26 with a long list'of prices reduced from
big catalog levels.
Items listed were confined mostly to soft goods .lines, linoleums and
furniture,
expenses
taxes—_•
taxes
Net
1940
1941
$560,933
admin,
estate
.•/ :'-■/•
Federal,
lems,
.$595,466
.—
•.
payable, $1,740,000;
accrued
$19,229;
/
-Earnings-
♦Operating revenues
Operating and general
:
Fed.
.'■•Net
accounts payable and accrued
State and local taxes, $103,350;
"unearned Interest, service and finance charges; $144,072; reserve' for
contingencies,' $2,500;' $2 cumulative preferred stock (43,639 shares,
less 1,805 shares held-in. treasury), $1,045,850; $2 cumulative converts'
ible preferred stock (6,361 shares, less 288 shares held in treasury),
$167,007; common stock ($1 par), $110,319; capital surplus, $42,016;
paid-in surplus, $335,923; egrned surplus, $194,338; total, $3,904,606.—
v. 156, p. 1156.
//-::/'/:;/
//-///"
///
Liabilitifes—Notes
expenses,
Operating income
Other', income
Loss on dismantling' of
plant.
Depreciation/
Amortiz./of fixed assets
•Other'expenses
and-on
$19,967; total, $3,904,606.-•.
penses,
-
ment;
•
Finance' Corp^,
General
!
.
,
...
/
of $2$,742), $46,788; investment in stock'of
$170,000; deferred charges -and prepaid ex¬
for■ depreciation
reserve
.
""Total* income'
hand, -$351,503; installment nbtes
(less reserve - for bad: debts of $165,866), .$3,313,218; mis/
accounts receivable, v $3,130;
furniture and fixtures
(less
banks
in
Assets—Cash
i—i/-!———„j—!-■/•' $71,591
-
$81,943
'
:
:
Years End.
July 31 /
1942 •
1941
1940
1939 v
sales,
$55,3Q6,112 $46.667;754 $29,835,418 $20,297,111
.Operating charges$.46,034,694
41,218,241
26,666;796
18,984,389
•
/Net
354
/v.-''';/-
(A. O.), Smith Corp./ (& Subs.)—Earnings—:
,
,
"Expense in connection with sale- of Atlanta office. Sept. 30,
'
distribution was made' on Nov. ■ 10, last,. as compared with
.30- cents per share in preceding quarters.—V. 156, p. 1421,
//// •
211,187
1-58,829
■'• '
ui-j—i-
income
,
_
/ taxes
-
Dividend—
dividend of 26 .cents per share has been declared on the common
stock, no par value, payable Feb. 10 to holders of record Jan. 30.
A
/similar
-
26,287
18,402
16,560 •
13,973
2,143
"4,434
/
//
1,201
,of; ■>/:':...///:/■///■.//'■/'' v//,./: / /
income
on
7,881
/"
_
•Property taxes; i—
'Franchise; capital stock and licenses-^—
Insurance; building •• and contents—.
"
98,196
.
on
Prov,
3,123
5
387,192
198,233
fixtures, -/
/•
2,048
"etc._—;//•//;//_/_/_,/''i''//:-;/'// 45,519.'./
'Profit
16.591
$838,786
•
..
.
A
.
1939 h
$645,391
316,635
1940
$737,942
341,915
charges._
disposal
furniture and
55,401
_
general /expenses—
1941
-
registered
6%
Silex C».—-25-Cent
'
/'
1-/
Interest
Loss:';;on"
$172,029
Advertising and business promotion-_
1.
/._'-1
Heat, light and 'power——_•„f.
Repairs and maintenance—
441,873
and
doubtful loans ul-l—'
-6,000
income
—ll
bad
Miscellaneous
'Total
1942.
$936,560
——
Provision-'for
34,781
1,660
(& Subs.) —Earnings—
30—
income
Expenses
(El Cortez Sky
Dividends
•Total
$129,588
of catering and bev-;
El Cortez Sky Room——1——
by
departments
erage.
1943
derived from operations
"Net .income
'
•
Years Ended Sept.
the
bonds and debentures, $60,642; dividends payable Apr.
milk salesmen's deposits, $23,247; iVa'/o first (closed)
•
Seaboard Finance Corp.
A/
..
^
of
•
,$1,400,000;
$1,450,000;
'
San Diego El Cortez Co.—Earnings—
.
made
,
including Jan. 31,
first; mortgage bonds Series A and Series B to and
156, p. 2045.
advances
re
/, Liabilitieg—Accounts, payable,, $284,9,84;., other, accounts payable and
a'tcf/Wed '1 chai'ges/ $200,229; ' Dominion ■ income' tax arid' excess profit's
'tax, sales tax, municipal
taxes, etc., $239,822; interest accrued oh
r^""v
:v;-
■///
•■:/■
Ltd.,
;
'
.
nounced that the Court has signed an order extending the time -within
which the receivers are authorized to purchase Seaboard-All Florida Ry.
133,076
.
,/ /■
Securities,
share purchase contracts-and settlement of account
company,-$98,089/Inventories, $321,420; Insurance on
President
(cash, surrender
value), $96,027; capital
assets, $5,919,200; prepaid and deferred expenses, $99,893; crqam top
bottle patent licenses (less-recoveries and amounts written off), $11,:200; mortgage receivable and sundry investments, $4,741; bond refund¬
ing expense, $50,380; total, $7,867,458.
1
life
the
Seaboard Air Line Railway—Time to Purchase Bonds
18.531
Silverwood
-
associated
with
1939'
1940
$83,666
1,422
'$141,557'
railway-—'
from
Net
from
due
under guarantee of
'
$117,668
17,677
from
Gross
on hand and in banks,
$585,018; Dominion rpf Canada
$300,000/acCOuhts and notes recefvable (less reserves),
at" cost,'
$381,490;
payable,.$4,726;
payable, $3,690,598; preferred stock (par $1), $47,405; common stock
(par
$1), $100,000;
surplus arising from reorganization,
$411,724;
surplus Since-Junfe-1, 1936r-$3-75r007^ total,-•:$3,222,884.-~V.156,-p. 614.
RR.-—Earnings—
Consolidated- Balance Sheet,',lV|[ar",: 34.; 1912"/•'."/•,/T"'0)
/
':
-
Assets-—Cash
bonds
.
l,45i;601
•
//:./;
•
accrued interest on mortgages,
$15,625; accrued real estate, taxes, $5,523p other accrued expenses,
$6,-170;. deposits, by tenants'•on" leases .and accrued 'interest thereon,
$21,571; deposit on contract of sale, $10,000; rents received in advance
and sundry deferred income, $5,724; deferred,profit on sales of real
.estate,, $19,084/ accrued interest on ISryear inc.. debentures, $494,640;
15-year income debentures due June 1, 1951/$1,705,684; mortgages
22.162
'
,
Liabilities—Accounts
156, p. 2045.
San Antonio Uvalde & Gulf
1
1940
.
••■■■>•"•
•
-
Tailway—__
railway
oper;
1941
•'$323,115
66,735
131,231
rallvvay___i
from
Net
••
from
company
on
Jan.
2 paid
a
dividend of 75 cents per share on
1st preferred stock, no par
account of accumulations on the $a cumuh
value,
to
follows:
V.
156,
holders of record Dec: 27.
Payments during 1942 were as
Jan., 2, $1.50; and April l, July 1 and Oct. 1, 40 cents each.—
p.
1157.
;
•
,
.
..
.
.
...
...
Aircraft Co.—Earnings—
Solar
sales
sold—
goods
of
Cost
—-—,-i.
Operating
revenues
Operation
profits _____________________
administrative and general expenses
Gross
Selling,
Profit
operation6_.._,_^__rJ_,„_-_—rr^—$1,405,365
from
income
Miscellaneous
.income
Gross
$1,624,504
219,138
;
credits7__J,^,-_T---_-7~r.r-r-,~--_l-^
,
$1,5*75,428
—J—r-:r~T;%—.v.---- "
4l>097
nhargfes_J_„^.»„r-:_^__-.^_--u>rrr?_a .•% - 16,487
and excess 'profits taxes—w
.1,194,047
Interest
(other
♦Provision
Provision
Net
858,344
190,418
10,300
—_—
revenues—
$759,994
Net "income
$323,{796
'1—r———
?__,Tu.————
beginning of the year_^_„v.--.-r---,-l.__-.
174,881
Earned surplus at
Total"
$498,677
.
Dividends
'on.
for
taxes
Fed.
additional
,
Net
and
16,516
Gross
Net
income
Net
,
1
"Provisions
ended
Act.
Oct.
normal
Federal
October
$415,155
Period End. Nov. 30—
accounts receivable, $2,053,617;
other accounts receivable, $28,753; inventories of work in process and
raw-materials and supplies, $1,689,837;- property, plant and equipment
(less "reserves for depreciation and amortization of $267,028), $632,705;
intangible assets; • $1; unexpired insurance premiums, etc;; $119,805;
Assets—Casli,' $785,418;' customers'
vL'-/
'
total; $5,310,137.payable,
revenue
"V;
amortization
General
income
Federal
&
one year),. $3,600;
advances from banks under loan-agreement
provided under Regulation V of the Federal Reserve System, $1,786,441; trust deed note payable (portion due beyond one.year), $10,*
within
$5,040,859
2,050,176
1,903,135
49,975
734,854
633,499
120,727
572,426
597,069
281,822
$101,804
$1,027,198
31,756
284,617
17,946
of pfd, stk.
Amort,
South Carolina
$544,447
Federal
37,609
155,700
81,401
$4,616,761
2,252,375
413,100
539,946
——•
prof,
exc.
-
198,450
taxes
198,091
672,552
taxes-
income
Federal
41,652
2,715,190
468,236
646,570
expenses..
taxes
General
$5,894,710
212,595
depreciation-
for
Prov.
$425,204
243,081
revenue
Operating
1942—12 Mos.—1941
1942—Month—1941
Period End. Nov. 30—
Gross
Co.—Earnings-
Power
123,887
■
$93,608
$1,193,712
$1,089,363
53,616
653,578
643,180
oth. deducts.
$446,182
$51,060
$540,134
14,286
171,438
171,438
$36,773
pfd.
on
$39,991
14,286
income
Net
Dividends
$25,705
$368,696
$274,744
stk._
!
34,358 4
•
34,358
—V.
156,
2140.
p.
(
(& Subs.)—Earnings-
South Porto Rico Sugar Co.
Sept, 30— - /*
molasses produced
Years Ended
and
Sugar
^ 1942
.
and
' 1941
Profit
$9,184,436 $11,688,675
' 8,458,245
8,975,749
$7,752,528
$2,712,926
199,209
fr. curr, year..
crop
$726,191
549,712
286,750
$7,951,737
from
$1,275,903
115,524
$2,999,676
177,903
Profit from sugar and molasses pro¬
in
duced
prior years
412,296
10,848
Other
120,819
income
$8,072,556
income
Total
2140.
p.
income
31,720
$298,565
for
$1,391,427
$3,177,579
profit
for
Reserve
A.
T.
Mercier,
Net
profit to
in addition to
past year,
handled
With
■'Includes
$2,011,577
400,000
1,305,034
596,587
1,715,188
-+$795,235
+$103,611
Puerto Rico
Note—Earnings
on
Consolidated
Assets—Cash
banks
in
tDeficit.
income taxes of $511,486.
the 745,734
shares
Balance
and
assets,
growing
lease about 20
Shortage
also.
on
Sheet,
Sept.
30,
1942
hand, $1,764,271; marketable secur¬
canes,
etc.
(net),
$3,709,637; investments,
prepaid insurance,
idle season expenses (net) applicable to
succeeding crops, $357,512; accounts and claims receivable, etc. (less
reserve of $7,830), $268,058;
total, $37,648,371.
;•%%.>
payable, $3,000,000; accounts payable and accrued
items. $433,821; reserves for income taxes, $2,1$1,079; reserve for
contingencies, $36,000; reserve for possible rehabilitation expense and
other losses which may result from war conditions, $1,500,000; pre¬
ferred stock (par $100), $5,000,000; common stock
(745,734 no par
Liabilities—Note
shares),
$19,906,783;
earned
Land Agreement
surplus,
$5,590,687;
also,
tracks
of
and
under
Sugar
in
quo
with
Co.
ments
a
that
farmers.—V.
approximately 30% of its total Sugar cane require¬
island, the balance being purchased from independent
156,
p.
2140.
Willis
C.
Brown,
152, p. 3359.
156,
1942—Month—1941
earnings
Operating
-
expenses
Net
$273,002
95,837
improved
three-year
for S.
Net
Income
Nov.
V.
p.
30
-
98,963
$547,193
189,959
2310.
serial
1943,. and will purchase
in
each
of
of
excess
2310.
that1 involved
production
W8r
available
to
with
programs,
industry
174,824
tons,
the
for
Years
1
to
bid
the
on
*$41,110
■"$219,$11
4,891
15,294
$128,813
"$36,219
"$204,217
19,361
;
18,968
;
the
com-,,
.
,
the
on
$74,769.
'
$0.73
to
basis
'
Earnings for November and Year to Date
November—
1942
trade
$0.08
1940
1941
in
1940
and
receivables
Sheet,
From Jan. 1—
;,"j,
Net
Liabilities—Notes
is
Co.
other
of
the
bonds,
Southern
notifying holders
Pacific
being
are
surrender of
'
stock,
and
to
165
P.
each
instance
should
bids
Broadway, New
York,
N.
sent
be
Y„
the
1939
the .amount
Pacific
to
before
above.—V.
Co.,
November—
—V.
1941,.
Gross
Net
Net
from
from
ry.
ik—ii-7 $4,721,416
Net
Net
from
from
ry.
in
the
noon
sinking fund.
office
Feb.
of
26,
the
-
■■■
company,
1943;—V.
.
155,
the
Sedlmayr,
A.
formerly
Vice-President
in
charge
of
re¬
corporation.
He was formerly Vice-President and
of the company's Pacific Coast area.
formerly Philadelphia Regional Manager of the cor¬
poration, has been named Field Sales Manager.—V. 157, P. 47.
of
Sales
Philip S.
the
Manager
Lord,
Standard Gas & Electric
156,
;
Electric
.
of
output
the
public
Co.—Weekly Output—
utility
operating companies
in
the
week ended Jan. 2, 1943,
compared with 160,898,000 kwh. for the
corresponding week last year, an increase of 5.8%.
Electric
output of the public utility operating companies in the
Standard Gas & Electric Co. system for the week ended Dec. 26, 1942,
totaled 168,576,000 kwh., as compared with 156,552,000 kwh. for . the
corresponding week in 1941, an increase of 7.7%.—V., 157, p. 47. .
•
Standard
totaled
Gas
&
Electric Co. system for the
kwh.,
170,188,000
as
1317.
p.
1941
,1940
been elected President and
(N. J.) to fill the vacancy
Farish on Nov. 29, according to an
announcement on «Ian. 6.
The post of Chairman will not be filled.
Eugene Holman, a Vice-President and a member of the board, has
"61,423
40,468
"129,076
14,188
"146,851
3,706
4,458,395
8,374,099
6,661,805
"98,903
"lOl.SlS
208,179
575,979
336,369
and
30,953
291,217
141,782
p.
$455,908
(New Jersey)—New President, E,tc.
Gallagher, present Chairman, has
chief executive officer of Standard Oil Co.
V/,
R.
1939
"62,288
caused
been
156, p.
'
has
Barth
General
27,210
loss.—V.
-
research and production since he joined. The
as Superintendent of Manufacture in 1913.
been elected Vice-President and General Sales
organization's
Manager
income—
or
1942—12 Mos.—1941
$7,509,264 $42,374,480 $57,039,995
1 %:%■'.
'
has
Chester
$735,007
income—
15
Fleischmann Malting Co.
"$4,696
oper.
Apr.
been elected Vice-President in charge of manufacture,
and traffic; and a director of the company,- to succeed
late John W. Luce.
Dr. Sedlmayr has been an important figure
$64
27,280
railway
railway
Jan. ,5.
15,
receive
From Jan. 1—
Gross
record
Brands, Inc.—Changes in Personnel^ Etc,—
Theodore
Dr.
search,
railway-™
raliway
oper.
;
common
.y.%.v." - ck
156, p. 2142.
Standard
first mort¬
will
Lines—Earnings1942
of
the
compared with 75 cents per share in each
No payment was made on Oct, 15, 1942.—
as
Period End. Dec. 31—1942—Month—1941
Sales
of
at prices named
: -•
Southern
holders
to
on
Spiegel, Inc.—December Sales Off 37.12%—
the
company
2310,
See
Jan..,15
declared
each were made on this issue on Jan.
$1
last,
15,
,
"
,
value,-payable
par
no
July
cents per share has been
75
purchasing
Terminal
Francisco
that
bonds for redemption,
by the bidders, to the amount of $5,270.30 in the
In
(less U:
quarter during
.V. 156, ,p„ 2141.
its first refunding
of
the bidders,
San
Co.
notified
these
Canadian subsidiary, $3,971;
and commissions, $195,401;
■ u..,
at prices named by
also
of
by
wages,
purposes,
Distributions of
in the sinking fund.
>
V:'
of Central Pacific Ry. Co. first refunding mortgage bonds
being notified that the company will receive bids for the surrender
for redemption of these bonds, at prices named by the bidders, to the
amount of $25,625.18 in the sinking fund.
:
bonds
bank
salaries,
on income; $92,765;
miscellaneous, $22,757;
taxes on income of the year ended June 30,
taxes
Canadian
dividend of
A
Holders
Holders
$58,928;
incurred
Spicer Mfg. Co.—75-Cent Common Dividend—
to
are
gage
costs
S. Treasury tax notes to be applied in pay¬
$400,800), $737,038; reserves for miscellaneous
$47,098; reserves .for contingencies,. $105,405; re¬
serves for wartime and post-war adjustments, $250,000; preferred stock,
6%
cumulative ($100 par), $363,700; common stock (no par, 900,674
shares), $2,251,685;i capital surplus; $458,429; earned surplus—since
July 1, 1936, $698,011; total $6,107,506.—V. 156, p. 790.
operating
$12,055.50
bids for the
than
and
to
payable
$881,245;
accounts,
1942—estimated
mortgage bonds that it will receive bids for the surrender for redemp¬
tion
$1,205,941;
ment of Federal taxes of
Tenders Asked for Retirement of Bonds—
RR.
cost),
(at
107,506.
from
Pacific
$42,309),
194'^
30,
$255,907; property, plant and equipment
(less reserves for
of $820,934), $1,259,583; patents and patent rights, $1;
and good will, $1;
deferred charges, $56,196; total $6,-,
assets,
railway
331,362,497 211,320,715 160,565,511 152,794,111
from
68,896,805
45,167,960
42,581,714
railway,.,,, 132,021,012
ry. oper. income
67,236,518
42,884,088
23,307,023
21,150,419
Net
of
reserves
June
securities
marketable
trade-mark
from
Gross
(less
of $38,757.
net profit
a
Balance
$627,044;
depreciation
from.railway™, $35,298,496 $20,015,945 $16,295,314 $14,540,734
railway—^
14,797,501 i 3*773,385
' 4,193,545
5,484,147
Net ry. oper. income,.,
7,656,168
1,336,361
3,645,739
2,334,237
•'i.'
Nil
.
banks,
*
;
Nil
cost-plus-a-fixed-fee contract, less portion billed, $291,157; in¬
ventories
(less reserve of $8,604), $2,352,748; investments
and other
Gross
Net
"$254,369
under
were
bidder
-v
21,822
("$87,700
Canadian
Consolidated
Assets—Cash,
two-year
117
each
"$232,547
5,456
depreciation
the
of
1942 and resulted in
year
,
houses,
"$82,244
21,822
amounted to $93,308 ■ in 1942,
$97,957 in 1939.
subsidiary have been consolidated
of the official rate of exchange prevailing during
for
$100,401
1941,
operations
trade
sent
were
investment
and
24,561
on
(no par)—
.'r<
paid
be
to
3,768
9,255
+29,298
$96,591'
21,822
___
7,472
12,759
102
1,135,548
share
shares
in
The
totaling
for the certificates, such price to be not
less than 99 and
accrued dividends,
and to designate the rate or
rate
of
dividends
to
be
borne
by them.
Four
bids,
representing
20-parties, were received.
The highest bidder was Harris, Hall & Co.
(Inc.), to whom the certificates were sold. at 99.091. and accrued
dividends, representing an annual' cost to the applicant of approxi¬
mately 2.54%.' - '
'
price
.1939
.
$3,627,504
$125,144
3,669
taxes
Notes—Provision
Federal
certificates
companies
insurance
30
r,
the year.
on Decl.
31 authorized the, company to assume -qbligation
liability, as guarantor, in respect of not exceeding $3,950,000
equipment trust certificates, series1 U, to be Issued by the Penn¬
sylvania
Co.
for
Insurances
on
Lives &
Granting Annuities,
as
trustee, and sold at 99.091 and accrued dividends in connection with
the procurement of certain equipment.
The report of the Commission states:
■ •;
the
June
' $3,683,405
JForeign
$97,383
Equipment Trust Certificates—
"Invitations
•
1940
exchange adjustments resulting from the trans¬
lation of the assets, less liabilities, of the Canadian subsidiary, after
conversion of its operating results at the average rate of exchange for
and
bankers,
.
3,847,016
$908,023
"Loss.
to
1
■
•:
Ended
.
$5,514,355
$929,845
stock
mon
under national defense
the
redemption prices.'to be used
sum of $35,000
■
Account
adjustment
per
900,674
tons in
''
'
,
These
expenditures
for
from
lowest
the
3,724,513-.
Surplus
result that Southern Pacific
1941 and 174,704 tons in
the
at
$2,053,687
30,674
dividends
Earnings
k
699,056,000 pounds,
or
notes,'■ due
series
5,38.9,212
profit
Preferred
cars
P.
inc.
for
herein
yards and terminals.
numerous
program
for plant improvement. - collection of scrap has been speeded up
by
the
elected
Mr.
to
death
W.
the executive
S.
committee.
became a Vice-President of
succeeded W. C. Teagle
Gallagher
last
of
November
this
as
company
in
Chairman.—V.
1937,
156,
2141.
2046.
Southwestern
Associated
Telephone
1942—2 Mos.—1941
$553,423
197,604
$177,165
$171,510
$357,234
$355,819
expenses for November and for the two
months
do not Include income and excess profits taxes.—
earnings
Note—Operating
ending
$270,473
of.
12,
notes
not
deductions
our operations
certain improvements in
continue
to
I'
.
$2,084,261
exch.
,
former
enabled
were
;
v
.
Jan.
on
of
p.
..
tenders
(CWT)
prices
'
/
State Street Investment Corp.—New Directors-
Southern Canada Power Co., Ltd.—Earnings—
156,
we
and
a
"Deficit
Period End. Nov. 30—
Gross
at
income
Other
•,
necessary
Flagstaff property
%
..
;
Louis, trustee, 300 North Broad.-
expenses,.10,747,581
For'n
engines from other railroads.
materials and facilities; affected
Southern Pacific SS.
President, has announced the adoption by the
corporation of a group insurance program which provides four-way
coverage for its workers.
Eligible employees receive a total of nearly
$800,000 life insurance supplemented by sickness and accident benefits,
hospital expense and surgical operation benefits.
The plan is being underwritten by the Metropolitan Life Insurance
Co.
on
a
cooperative basis whereby the employees contribute fixed
amounts and the employer bears the balance of the entire net cost.—
V.
but
Standard Oil Co.
ance—
the
19421941
and
Prov.
Southern, Pacific RR.—Tenders Sought—
Southern Aircraft Corp., Garland, Tex.—Group Insur¬
for
.v
amount
%
taxes,
upon
Litigation over the
1938
of its
9,000
$104,000,000
Southern
liquidation, in the assets of the partnership.
•: Russell land holdings had been in process since
warranto proceeding by which the Government of
Fuerto Rico sought to apply the old Puerto Rican land law
to the
properties which provided that a corporation cannot hold more than
500 acres of land.
The Russell lands have supplied South Porto Rico
and
'
■■
.
of certain
However,
part
Reached—
and
and
cash,
receive
to 2 p. m.
principal
retirement.—V.
Total
physical plant, notably by extending our installations of centralized
traffic control, thus greatly increasing the capacity of important sec¬
tions of single track. We also laid 429 miles of new rail, extended many
total, $37,648,371.
provision for indemnity has been reached in the
negotiations between governmental authorities of Puerto Rico and this
company over disposal of extensive sugar lands owned by the agricul¬
tural partnership, Russell & Co., stated Carl S. Nadler, President of
South Porto Rico Sugar Co., in a letter to stockholders.
Common stockholders of South Porto Rico Sugar. Co. have a bene¬
ficial interest under a trust, agreement in the profits of Russell & Co.
Settlement
in
our
$352,051;
etc.,
substantial number of military
a
the end of December, it has been
by
$730,838; real property, plant, etc (net), $13,808,540;
rents,
which
regular trains.
than
more
delivered
state
•<
ities. $4,348,812; sugar and molasses on hand (net), $12,045,483; trade
and
other
accounts
receivable
(less reserves of $40,744), $263,169;
taxes,
activities in the
issue of the com¬
employees in the armed forces
.at the end of 1942, Southern
Pacific has labored under a serious,
shortage of manpower and at the present time is short approximately
10,000 men.
The railroad has also lacked some equipment, particularly
motive power.
Although all but 63 locomotives of the 203 ordered by
the company at a cost of $64,000,000 in the last three years had been
<
of common stock outstanding
for the year 1942 amounted to $4.89.
working
in
$2,011,577
~~r
Surplus
railroad's
than the former peak year of 1920.
Southern Pacific oper¬
ated 6,150 special trains for all branches of the armed services: in the
$201,352
-.---u—% $2,342,073
dividends
Common
the
writing on
greater
1942, a total of 349,528
$201,352
400,000
will
Mo.,
up
Operating profit
and 73%
greater than the previous all-time high of 1929.
company's passenger service, measured by number of passengers
one mile, also reached a new all-time high
in 1942, being 66%
made
400,000
Co.—Hearing Jan. 14—
.
Other income
carried
711,480
•$4,047,107
$425,000
sales. —$12,801,268
Cost
1939
The
1941'
"'' '$'.'"
S
274,895,805 185,021,703
5,198,036
'(Including Canadian Subsidiary)
Net
The ICC
surplus—
''•$
7,828,689
Public Service
is
Louis,
1954,
$7,000
the
u '
of the war, in an article for the January
pany's employee magazine, says in part:
."•••
rSouthern
Pacific's 'ton-mile
freight
volume
in
1942
was
33%
greater than in 1941, 72% greater than in 1940, 92%
greater than
454,522
dividends
Preferred
President,
first year
606,852
1,500,000
1942
■
•
583,223
contingencies.
war
1941
-130,181
■
,.$253,283
Surmounting the greatest'operating difficulties in its history, this
road' carried its biggest transportation load in 1942 for the third year
in succession, it was announced on Dec. 29.
V
\
" ; '
"
:
•
period.Net
v
:
Southern Pacific Co.—Record Freight Volume in 1942
—Last Year's Activities' Reviewed—
-.
627,009
taxes..
Jan. 1 to Dec. 31
and
Consolidated
$5,547,107
for
to
to
: ;;.
*1,898,440
etc..
Depreciation, sundry reserves,
18,266,819
...
property
....
Our
Provision
$97,436
—V.. 156,
side
Profit..
28.356,338
18,573,995
.There has been deposited with the bank :the
$795,760
.
etc._i..——13,460,731
taxes,
1940
;;
'%•,%-
•
sundry receipts (netl——— $21,213,259
Manufacturing and
sundry
exps.,
property
,
29,164,264
29,534,992
Days End. Dec. 31
46.
p.
St.
1943
,up
385,091
•412,296
•
$24,842
exp,-
Balance
were
Balance
47,190,135
38,575,518
Sparks-Withington Co.—Earpings^-
%
in
$104,013
52,954
income
Gross
Interest &
81,020,768
The Boatmen's National Bank of St.
•as"
600; preferred"stock (66,062 ho par'shares!,.$528,-496; common stock$1
par), $401,504; ' paid-in .surplus, $47,256;' earned .surplus,.,,$41.5,1.55;
total, $5,310,137.—V. 156, p. 1958.
2,017,691
91,024,812
Tenders Sought—
•
$1,180,851
•.
$742,581
$70,048
$131,794
pfd: stock-
2,454,466
95,974,980
$350,000 cash:
'
on
2,835,732
126,840,144
on
444,483
$149,741
income
Net
Dividends
5,761,143
...
.
prices tendered,
other, taxes
(portion due
$5,542,902
;
3,055,362
Exchange Commission has set a hearing for Jan.
the recent application of Company to sell all of the outstanding
capital stock of two of its subsidiaries, Arizona Electric Power Co. and
Flagstaff Electric Light Co., to James C. Tucker,
Purchase price for
1.4,
391,932
deducts..-
1939
$9,132,782
3,458,271
10
Securities
Arizona
;
other
salaries and wages payable,
$439,836;
accrued expenses, $88,448; Federal income and
payable and accrued, $1,478,190; trust deed note payable
$110,611;
157,
wa.y,
Int.
1940
$9,680,471
1941
185,191,022
—
income.
earnings
The
168,057
taxes
income
Gross
2046.
p.
4,476,234.
:■
Period—
—V.
1942—12 Mos.—1941
taxes_%
prof,
exc.
156,
exten¬
.
$
<
$440,563
.
Pennsylvania,—V.
of
stock
in
$12,373,955
m
—
railway..
railway...
ry. toper;
Gross
and !
taxes
Federal
Co.—Earnings—
'186,998
.
the
engaged
9,487,754
—
months
766,316
deprec.
of
is
$19,600,736
..
$265,141
10
62,262
141,177
expenses....
for
all
company
1942
1942 Revenue
$540,178
;
Operating
acquired
due.—V.
1942—Month—1941
:
Prov.
.'
1942
31,
from
from
Net
profits tax has been made as it is
156, p. 2230.
excess
be
will
tax
$301,981
for the
surtax
the basis of the
on
has
which
in
1942
railway..
railway...
Southwestern
Gross
Sheet,'
such
no
and
tax
Southern Indiana Gas & Electric
1942....'-.T._^._.
31,
Liabilities—Accounts
for
31, 1942 have been made
No provision for Federal
estimated
35,222
—.
—
Balance
$708,018
442,877
458,213
v
from
from
ry: oper.- income.
,From Jan. 1—
-
1
franchise
inc. and
State
prior' years
at October
Balance
$760,194
—'———i—iiJav
—
deductions..
31
operations
Net
31,785
1
stock
common
for
Provision
income
income
stripping
November—
Gross
2,281
+—+...
.
stock—
preferred
on
Dividends
Gross
Total
coal
Corp.—Acquisition—
Dec.
on
Kennedy, Inc.,
Southern Ry.— -Earnings—
$705,737
199
I
income——..—..,—.*———
income—interest
104,333
10,297
taxes__
tax
333,406
124,667
taxes)— *—
income
Income
300,000
306,944
-
Baxter &
141,084
295,546
,
__
reserve
sive
.
for Federal' income
Provision
:
income
Federal
State
902,919
Phosphate
corporation
Carey,
$2,453,205
——;
repairs
retirement
than
for
for
operating
Other
income
Miscellaneous
,
Taxes
170,063
——r7-
—__—
and
Appropriation for
The
1941
$2,590,784
u—
*+...*
+...
___i
Maintenance
•
Southern
1942
Year Ended. Get. 31-^
.
—.,
173
Southern Colorado Power Co.—Earnings
r
;
s
*
$8,261,317
6,636,813
1942
—'
;
,
/
the (i Mos. Ended October 31,
Earnings for
Net
THE COMMERCIAL & FINANCIAL CHRONICLE
157 ' Number "41-41
Volume
Period Ended Nov. 30—
Operating
Uncollectible
Operating
Operating
Net
-V.
oper.
expenses
rev.
__
taxes
operating income
157,
p.
47.
1942—Month—1941
$168,470
revenues
$153,725
>
Co.—Earnings-
Bruce
Barton
1942—11 Mos.—1941
been
$1,689,708
elected
600
600
6,600
5,300
92,272
1,079,973
971,503
from
21,447
21,859
236,684
239,252
investment
$38,994
New
$366,451
$405,031
Reserve
of
being
Charles
tuck,—V.
directors
to
York
serve
and Francis C. Gray of Boston have
until the next annual meeting of,the
In compliance with the recent ruling of the Federal
Board prohibiting officers
and directors' of member banks
100,064
$46,359
of
corporation.
$1,621,086
at the same time officers and directors of open-end
companies, the board of directors accepted the resignations
Francis Adams, Richard Saltonstall and Henry L. Shat-
156,
p.
2230.
it
VrVu
J. ii fWiilJJU
AM.
•!
,tlr
<1f».
(•"
I"?' rf iVis Mtf
.
fjj MW^ftfl'l
L -iiu"Ml )
i
"' WW«UW»
*amm»<W lUftfc»
W> WfUtWwteHWi*^
liW*iW«*»/iWWiWV*|4)UW^f%/YSi^u<AWWnliMWtW^j^>|A«iWffl***'WM*fk>>Wl'rirAk**
•
with
Subsidiaries Merge—
Sterling Drug, Inc.—Two
of
merger
both
companies
two
in
field
the
of
ethical
the
Pharmaceutical
Co.,
exist," Mr. Hill said, "its research and
manufacturing facilities in Rensselaer, N. Y., have been consolidated
with those of Winthrop.
Its marketing policies remain undisturbed.
Alba
"Although
Mark
J.
Dr.
Theodore
to
As
director
President
of
of
Alba,
assistant
becomes
devoting
Winthrop,
to
himself
research.
company's expanding program of medical
will be absorbed by the surviving company.
of
the
subsidiary
become
has
past 24 years.—V,
156,
Co.
November—
from
Net
.
.
the
stock,
common
12.
Jan.
Jan.
on
declared
5
par $10,
dividend
a
;
payable
Jan.
of
25
cents
road
ry.
1941
1942
The
1939
1940
.
share
Net
$244,197
$205,961
$220,448
109,358
21,023
50,053
53.456
°3,207
21,492
34,332
2,690,755
715,585
377,262
44,969
2,372,317
25 cents each
1941.-—V. 156,
ry.
3,663,649
income—
456,885
oper.
156,
948,676
569,671
"540,368
263,708
,
Texas
Electric
taxes
$896,771
$10,840,135
$9,820,221
365,341
327,900
188,651
74,733
1,380,924
1,316,852
828,218
3,811,955
106,871
*
——
taxd%
retire,
Property
1,369,374
752,577
reserve
83,333
83,333
1,000,000
1,000,000
$295,588
$222,154
$3,314,141
$2,886,315
appropriation
Net
revenues-
oper.
Other
income
741
.2,415
19,018
Net
Stouffer Corp.
(& Subs.)—Earnings—
Earnings for Year
sales
Restaurant
$224,569
$3,333,159
$2,907,072
—■
aft,
152,067
81,129
period—
1,588,305
1,186,134
375,678
375,678
chgs._
applic.
pfd.
to
stock
for
Balance
$6,857,623
—
5,667,907
1_
—V.
———.1
———
156,
2142.
p.
C.
Administrative
and
$1,212,627
$810,456
November—
$989,722
Interest
discount
and
earned
and
sundry
18,966
income——
Net
Total
income
^
57,979
u.
■
Provisions
Profit
Fed.
for
normal
Federal
State
depreciation and
Net
ry.
—V.
650,407
54,243,233
41,508,261
39, 696,104
railway—
91,184,693
43,871,795
18,749,331
10,414,848
10. 269,027
income—
22,206,973
11,793,261
4,459,606
4, 545,637
oper.
156,
tax__—
Texas Power & Light
8,000
6,812
———
$378,459
—-if
—.
expenses——
Federal
$1,446,926
——
172,152
paid.
Consolidated
5,348,028
Tenn.,
of
145,035
1,089,806
244,844
cash for deposit, $503,307; office and
certificates of deposit and accrued
interest, $200,485; U. S. Treasury certificates of indebtedness, $25,000;
note receivable, $2,935; inventories, $347,217; cash surrender value of
life insurance, $36,908; miscellaneous accounts receivable, etc., $8,293;
fixed assets, $1,604,169; prepaid expenses, taxes, etc., $45,550; prepaid
insurance,
$32,053;
restaurant organization
and opening
expenses,
deposits
55,886
773,200
675,484
It
100,000
100,000
1,200,000
551
917
7,250
6,131
$393,709
$319,040
$4,036,367
$3,978,731
585
1,514
20,461
19,416
1,187,631
Liabilities—Notes payable
payable,
accounts
Gross
Net
income
income
Dividends
$394,294
aft.
$320,554
207,115
chgs..
stocks
$4,056,828.
pfd.
to
130,480
1,787,375
period
for
been
C.
Suburban Electric Securities Co.—Accrued
Dividend—
share has been declared on account of accu¬
mulations on the $4 cumul. 2nd preferred stock, no par value, payable
Feb. 1 to holders of record Jan. 11.
Like amounts were paid in each
A
dividend
of
$1
per
quarter during 1942, while on Oct, 1 and Dec. 27, 1941, 75 cents
were
disbursed, and on April 1 and July 1, 50 cents each.—V.
p.
865,050
$870,660
V.
sales
Cost
of
—
from
Profit
Total
income
$1,108,647
48,464
*200,000
fluct'ns-
for inven,
Loss on
$308,081
$219,134
67,189
59,269
$467,230
81,029
charges
3,121,983
147,633
$393,730
73,500
$1,027,618
oper._—
income
Other
Res.
255,963
admin, exps-
3,498,366
" 168,956
4,641,354 !
240,027
$375,270
70,276
$278,403
31,855
interest
New
The
be
to
——
145,000
52,100
49,000
$248,375
$216,667
due
large
from
sustained
burdens,
tax
and
dislocations or
war
Balance
Liabilities—Note
accrued
items,
upon
in
the
$1.75
Sept.
26,
$150,000;
for
payable,
accounts
Federal,
$20,000;
Federal
payable,
$653,374;
and local taxes,
deposits
for
Other
Net
$99,616
$1,199,835
$1,131,152
68,654
60,897
719,213
702,059
15,344
9,646
112,177
76,463
-
taxes
12,352
oper.
11,197
134,166
128,073
3,543
3,581
42,539
-
$26,621
$14,289
$191,740
income
income
Dividends
Br854
Dr317
$26,712
aft.
chgs._
applic. to
17,663
$14,055
6,779
pfd. stocks for period
156,
$190,886
106,511
$181,043
par
35,000
$71,511
p.
$56,823
and
C.
Electric
&
that
less
the
Co.—Takes No
dividend
than
the
Dividend
due
Jan.
1,
1943,
7'$
the
on
stock was made
1942,
on
income
net
July 1. 1942.
$151,691,
was
prior lien dividend requirement for
President, in
Cree,
the
■
letter to the stockholders,'stated "that
a
the
,
paid an initial dividend of 25 cents per
stbck and an initial quarterly dividend
preferred stock,
•
$100,
par
declared
a
Vermont,
"
-
-
but
determinations
no
l'.'
at $429,800.
New York State
Public
of
that
company's
••
,
Service
■
.
i
•
Commission
on
Commission.
thereafter
program
properties
contemplates
the
of the
merger
into
..Union Pacific RR.—Earnings—
■
'•
■
•
-
■•
47. "
157, p.
.
•
*
•
.'s.'
(Including Leased Lines)
11 Mos. End. Nov, 30—
•
'
*•
'
'•
V"
1942
'
:
r
j—:'
"
■
:_I_L___"312,335,984^ 196!346,*539
196,845,852 .145,927,789
Net
1941
J
j
Total expenses
bperations---—-i^.—Lii—L
from
•Taxes
115,490,132
50,418,750
55,069,659
16.914,196
—
Equipment and joint facility rents (net)'___'__-_
1942
i 1941
" ■'
\
-Total revenues
•
10,022,604
8,956,314
50,397,889'
'24.548,240
:
$101,783
10,177
10,649
2,972
$124,876
$102,128
34,489
37,551
$90,387
Net
$88,979
12,444
sales
"
"
.•/.
before the
tantly decided should be omitted at. this time."—^V,
dividend of 25 cents per
,
been
have
> ■
:
-
to holders of
;'V"
r';.-
and
bodies.
Central Vermont Public Service Corp., aii
affiliate, and the call, and redemption of the 7 'k prior lien stock.
;
Mr. Cree also stated:
"It continues to be our expectation "that the
<complete accomplishment of this program will give the 7'* prior Heft
stockholders
$110
per
share, plus ; accrued dividends, including the
Oct. 1, 1942, and Jan. 1. 1943, dividends which directors have reluc¬
Inc.—Initial Dividends—
5
those
the
■remaining
indicate
to
The
•
in! settlement of exchange
delivery
Hampshire
by
determination
pnd that the bonds shall continue
a
156, p. 87.
Indian
Gross
headright
and
$64,576
income
bonuses
--.--'-L------.
revenue
Operating
'-.Total
general
-
expenses-.;;—
—
profit
—
3,789
income
from
income
transportation operations—
■Income
from
oil
Income
from
investments
;
Minor has
operations
income
Total
(net)-—,.
and
other
6,801,431'
sources—
3,972,795
6,379,196
6,432,637
—63,631,937
1
Fixed and other charges—12,980,775
Net
Expired and abandoned royalties and leases-—
$76,329
1,185
34,900,231
13,029,099
6,675
196
168
Amortization
Depreciation
Provision
Net
I—,—
—
for
income
Note—No
it
as
ber
.
——2,240
taxes——--,
income
is
30,
no
<
excess
profits
'
Sheet,
Nov.
30,
domestic
,
1942
number
Net
from
from
ry.
been granted
a
.
'
oper.
1941
1942
,
1940
$202,866
158,458
$201,149
73,851
29,041
2,614,414
2,180,350
2,086.466
1,192,053
1,109,586
869,307
384,286
768,512
311,575
325,141
188,083
income.—
1942—
;
1942,
during
it
miles
announced on
was
.
„
Jan.
4
by
W.
;
.
A.
■
1942 estimates show that
revenue
gained
8r>.
over
.
Command.
miles
were
16 "v
of
decline in miles flown
airplanes
the War
to
resulted
from
Department
the
early
release
in
the
of
1941;
miles'
'
a
large
year.
The
company obtained greater utilization of its remaining planes through
'improved maintenance methods, elimination of certain long non-stop
flights, elimination of sleeper plane service, and improved scheduling
according to Mr. Patterson.
The employment of additional personnel to take the
place of men
1,939
$251,603
121,776
41,586
$350,875
either
ton
The
270.
2,874,002
railway—
railway
1942
mail
Toledo Peoria & Western RR.—EarningsNovember—
for
figures estimated, United's revenue passenger
given as 293,000,000: as against 271,908,353
in
miles, 6,747,000 as against 3,724,701,. and express ttul
3,732,000 as against 1,623,840 for last year,-
earned
Gross
indicated
;;
December
With
for
p.
for 1942 and $2,506,742
is
tax
■- •
-
|
President.
Transport
taxes, $1,441; dividends unclaimed, $717; due
to shareholders of predecessor Imperial Royalties Co., $23,740; com¬
mon stock
(series-A) (304,418 no par shares), $222,444; common stock
(series B)
(16,998 no par shares), $244,122; capital surplus, $95,441;
155,
profits
excess
those for 1941; air mail-, ton miles,
81 Vc,
and
express
ton
miles- 130%.These- figures apply only
to
'United's
regularly scheduled
operations
and
not
to
the
extensive
the
"flying done by the company under direct contract with
Air
Liabilities—Accrued
total, $615,162.—V.
for
2047.
its scheduled service United's
In
passenger
.
Assets—Cash, $108,289; accounts receivable, $70; funds held in trust,
$23,740; U. S. savings bonds, series F, $18,500;fixed assets (net), $436',542; other assets, $27,781; prepaid expenses, $240; total, $615,162'.
surplus, $27,257;
p.
system
Patterson,
taxes- has
1942.
Balance
liability
United Air Lines Transport Corp.—Gains in
$42,099
19,510
been made
such tax will be due for the year ended Novem¬
provision' for Federal
estimated
39,021
—
No
156,
21.871,132
Although accomplishing the two-fold task of performing extensive
military missions as well as maintaining scheduled passenger, mail
and express service
with a reduced number • of airlines, United Air
Lines recorded substantial gains in passenger and cargo traffic on its
1,585
$49,520
Cash dividends paid
1941.
year.—V.
24,387
—
50,651,162
1,414
41,036
income
•Includes Federal income taxes of $37,726,201
11,753
$94,176
,
Depletion
into service and to handle increased activities
brought United's
payroll to an all-time high of more than 6,000.—V. 157, p. 47.
89,424
called
56,241
1942
From Jan. 1—
Gross
Net
Net
from
from
ry.
railway
railway
oper.
Federal
leave of absence by this
company and has accepted a position as consultant on gas cylinders
John
be
to
the 7%
26.
gas
Operating
2230.
Taylor-Wharton Iron & Steel Co.—Grants Leave—
Colonel
O.
company's petition for approval of the proposed sale of its electric
distribution properties in New York State to New York Power & Light
Corp. were closed on Nov. 12, 1942, and the company is awaiting the
common
on
directors have
Osage
91,823
35,000
Balance
—V.
V":
H.
Pearce,
■
A.
Hearings
:
Net
Net
1943,
2,
and
Jan.
on
share
in 1941.—V.
$181,360
Dr234
income
Gross
paying
.'V''.
S.
the
reserve
revenues
$5,338
estimated
the
share on the
common stock, par
$5, payable Jan. 15 to holders of record Jan. 2.
Distributions of 50 cents each were made on March 14, June 25 and
Sept. 15, 1942, or a total of $1,50 for that year, the same as paid
43,197
91
Property retire,
appropriation
Other
1942—12 MOS.—1941
$126,514
expenses
taxes
Jan.
on
"flat,"
no
per
Dec.
The
State
employees'
1942—Month—1941
-
Gas
of $1.75 per share on the 7%
11 months ended Nov. 30,
New
for
Superior Waters Eight & Power Co.—Earnings—
Period End. Nov. 30—-
revenues-
on
Other^^.income
1942
purchase of war savings bonds, $6,625; mortgage note payable (due
subsequent to Sept. 30, 1943), $130,000; reserve for contingencies,
$250,000; $3 non-cumulative prior preferred stock ($50 par), $210,600;
6%
cumulative preferred stock
($100 par),
$3,100; common stock
($25 par), $920,200; capital surplus, $5,100; earned surplus, $1,021,666;
total, $4,171,904.—V. 154, p. 1417.
Operating
Operating
1943,
1,
Tokheim Oil Tank & Pump Co.—25-Cent Dividend—
other losses which might be
other post-war conditions generally.
Sheet,
provision
note
1941.—
Third Avenue RR. Co. first
(principal waived to 1943),
presentation of bonds for stamping.
Stock Exchange directed
that the bonds be quoted
York
company
on
record
accounts receivable
payable,
$45',803;
mortgage
$755,436;
Louis,. Mo.,
for
(less reserves), $929,770;
inventories, $1,474,279; deposits for purchase of war savings bonds
(employees), $6,625; premium deposits (mutual insurance cos.), $10,616;
mortgage note
receivable, $8,000; fixed assets, $1,371,568; deferred
charges, $67,765; total, $4,171,904.
$303,280;
Assets—Cash,
Herrington are
St.
Co.,
1 ■■■
Hogan, Robert
trustees.
*:
$174,429
provision for losses which may arise frdm a decline in
values, the imposition, retroactively or otherwise, of un¬
expectedly
Jan.
Tobin Packing Co.,
•Includes
Inventory
total
a
proceeds of the sale of the New Hampshire and Vermont
-properties the company intends to
redeem its $2,435,200 principal
amount of first lien and refunding 5J/2%
bonds due March 1, 1945,
and to reduce-its outstanding bank, loans from $2,255,250 to aiv amobnt
V'-
contracts made beginning Jan. 2, 1943, must be stamped
payment'of Jan. 1, 1943, interest.—V. 157, p. 47.
Oil
700,000
L,
State
is
With
Toklan Royalty Corp.—Earnings—
$160,183
.
Trust
&
Fred
Barbour,
O.
the
made
Corp.—Pays Jan. 1 Interest—
Year Ended Nov. 30—
inc. tax.-
-
and
;
2Va%'
dealt
1942
54,974
36,227
profit
during
paid each quarter
were
■
Lease rentals and
Net
of
50-year gold bonds, due 1937
is being paid
ex-interest
42,000
'items''
1,1943
1941, and due serially from
for sale-tcr the latter of all Maine and New Hampshire
properties of Twin State, subject to the approval of several regulatory
• Hearings
have been had before the Public Service Commissions
Corp.—Stock Distribution—
1335.
p.
The
dispos. of plant
Prov, for Fed.
amounts
mortgage 5%
of
7,020.601
Oil
Third Avenue Transit
156,
Sept. 26,'42 Sept. 27,'41 Sept. 28,'40 Sept. 30,'39
$8,304,181
$5,275,110
$3,975,402
$3,488,750
goods sold—
Selling &
Other
156,
share
Ended—
Year
Feb.
of
as
l,
-Hampshire,
each
Mills—Earnings—
Tucker,
B.
47. '•
-bodies,
2, last, the company paid to stockholders of record Dec. 30
of 15/I000ths of a share of common stock for each share
Like
The
Suncook
,
held.
1158.
Net
Jan.
dividend
chief
Young,
TemiMetoh
R.
157, p.
last three months further, definite steps have been taken
toward liquidation of the company's indebtedness and redemption of
the 7%
prior lien stock at $110 per share and accrued dividends.
An agreement was made with an affiliate,-"Public Service Co. of New
2142.
p.
Texamerica
On
a
Vice-President,
a
Co.;
Richard
,
during
1,735,710
865,050
T
-V.. 156,
V.-Ps.—
engineer at Rochester, N. Y., has been
while Lloyd C. Spencer, sales manager, has
named Vice-President in charge of sales.—V. 156, p. 2046.
Frederick
elected
and R.
Albert
$49,128; pay roll taxes, $13,262; accrued State and local
Stromberg-Carlson Telephone Mfg. Co.—New
Bank
"V-!
C.
announced
is
For
$3,998,147
$922,825
applic.
Balance
$314,686;
etc.,
&
and
period,'-
to bank—serial notes due within one year,
salaries and wages,
taxes, $18,958;
interest, $732; Federal and States taxes on income (est.), $365,500;
notes payable, $337,500; capital stock—class B
(192,401 shares of no
par value),
$192,401; capital surplus, $176,484; earned surplus $1,274,774; class B capital stock in treasury
(4,680 shares), $56,160;
total, $2,837,265.—V. 156, p. 1422.
trade
$150,000;
redemption
bonds dated Feb.
','C }'■■%.
Smith,
which
total $2,837,265.
$8,172;
Hubbard
lien preferred stock will not be paid at this; time,- although
earnings have improved slightly since the company omitted the Oct. I.
1942, dividend, which action interrupted an unbroken dividend record
on
this issue extending over 23 years.
The last regular quarterly dis¬
limited-term
oper.
revenues—
income
net)-
Other
of
Laboratories,
Plate Glass Co,—V.
called for
Mutual
the
at
or
P.
tribution
Net
Venue
Ben
prior
and
working funds, $17,174;
Vice-President
of
Action—Liquidation Program Progressing—
reserve
investments
Assets—Demand
F.
been
have
Twin
897,226
124,352
appropriation
Amort,
Balance Sheet, July 31, 1943
retire,
Craw¬
Flannery
of
1942—12 Mos.- -1941
424,966
taxes
Property
& Tin Plate
President
1944 to and inch Aug. 1, 1948, at par and int.
Payment, will
made at the Union Planters National Bank & Trust Co., Memphis,
$1,045,844 $12,454,651 $11 990,047
442,929
—_
Kilborn,
1,
Robinson
66,434
taxes
Pepper,
Lucas, Vice-President of Peoples-Pittsburgh" Trust
Pepper,
formerly' President" of 'Pennroad Corp.;
H.
Sales of Pittsburgh
of
T.
William
DUnn;
&
$10,000 of 1st mtge.
be
!
Co.—Earnings-
$1,127,885
revenues—
Operating
F.
Bennett, former Presdient of American Sheet
Remmel,
^agents.''
1942—Month—1941,
Period End. Nov. 30—
Operating
H.
There
Feb.
v. V. "
•;
Benjamin
Md.
Bonds Called—
J.
165,500
—~
taxes-—
dividends
restaurant
896,751
-of
2311.
p.
Elkton,
at
company
-
19, 1943,
Trustees of Temple Baptist Church, Memphis, Tenn.—
187,777
697,072
railway—
from
Other
Total
Cash
1.170,744
970,703
189,000
provisions for prior years
profit
$4,141,134
1,617,600
from
Gross
Net
Net
surtax, & deck value exc. prof. .tax-
tax,
profits
income
202,939
$747,770
inc.
excess
Additional
amortization^^--
taxes———,———-__L——
before
$5,471,730
income..
Meeting—
meeting of stockholders for Jan.
1939
From Jan. 1—
$1,008,688
—,
—
1940
,J
5,727,169
$10,544,574
railway—
oper.
ry.
1941
1615.
p.
the
President
Director
3,507,839
railway
from
Net
Other deductions
from
Gross
W.
William
1942
of
Co.;'John
Benjamin
'Co.;
;>
Texas & New Orleans RR.- -Earnings—
199,994
general expenses-—
156,
Arensberg
ford,
Smith,
$1,189,716
"
election of Joseph' H.
the
Robert D. Ferguson/member of the law firm of Patterson,
Bolt
etci,^_-_;-»—
"office
tors:
.Co.;
31, 1012
Ended July
food and liquor consumed, rent,
income
Dividends
—
announced
Subs.—
•
20,757
$296,329
(net)
income
Gross
'
of
V.-Pres.
and newly-elected President and
director of Triumph Explosives, Inc;, says that the meeting has been
-called in place of
the annual meeting originally scheduled for last
November-with the purpose of electing directors to serve until the
■next annual meeting of stockholders and transact such Other business
as may arise.
At the meeting a report will be made of the conditions which resulted
in the taking over of the plant by the Navy Department on Oct. 13,
1942, and the operation by the Navy- from that time'up to the present.
-The present board of directors has been named for reelection.
Robert D.-Ferugson, Secretary of the corporation, and' JohiV H, Lucas
have been designated
as a- proxy
committee- on behalf of the new
management to solicit proxies for the reelection of the present direc¬
1942—12 Mos.—1941
1942—Month—1941
$927,265
expenses
Corp.. has
directors have called a
the
at
revenues
Operating
r
"formerly President of Pennroad Corp.,
/
76,132
Operating
Co.—V.
&
The
Co.—Earnings-
Service
Securities
Union
241,030
2311.
p.
'
2047,
Corp.—Exec.
Triumph Explosives, Inc.—Stockholders'
V
1871.
156, p.
2,234.993
•
.
man
railway—
railway
from
Net
to holders of record
Dec. 7, last,
22
1942,
2,
dispute.—V.
King as Executive Vice-President.
Mr. King has been an officer of
"said corporation since its formation in 1938 by Tri-Continental; Corp.
•'and Selected Industries, Inc.
Prior to the creation of Union- Securities
..Corp. -Mr. King was head of the bond department of J. & W. Selig-
.
$358,487
from
Other
per
March
the Government-took over control of, the rail¬
following failure of the management to settle
since
Manager
on
labor
a
made on this issue on
A similar distribution was
only payment on the stock last year.
Payments of
were also made on Jan. 30, June 2, Dec, 1 and Dec. 29,
the
Cost of
Federal
Washing¬
From Jan. 1—
Gross
& Foster,, k whollywholly-owned subsidiary; of
a
Stix, Baer & Fuller Co.—25-Cent Dividend—
directors
at
railway—
Federal
The
located
railway
oper. income—i
from
Net
•Loss.—V.
incorporated in New York on Aug. 30,
'
was
2311.
p.
be
will
of Cylinder Sales for the company
1958.
156, p.
Period End, Nov. 30—
Pharmaceutical
Alba
been. Manager
Tennessee Central Ry.—Earnings-
Winthrop.
1935.—V.
He
Board.
'
has
Brothers
Fairchild
merger
Alba,
of
Production
•
Minor
Monday, January 11,1943
Tri-Continental
personnel
result
a
owned
Klumpp,
G.
that
Alba
Other
medical
Hiebert,
Dr.
to
ceases
War
C.
the
Gross
trademarks and goodwill.
largely
for
Winthrop Chemical Co., Inc., has absorbed Alba
Inc., and has taken over Alba's assets, property,
merger
D.
Colonel
affiliates.
are
Under
the
ton,
pharmaceuticals
(drugs dispensed largely on physicians' prescriptions) was announced
on Jan. 5 by James Hill Jr.,
President of Sterling Drug, Inc., of which
A
p.
r
THE COMMERCIAL & FINANCIAL CHRONICLE
174
on
l^fm-,(J«-^,ii//iw "f-^wwrir-vft t1
Holly
Office
been
B.
income
Manager Appointed—<
Stover,
of
special
Defense
assistant
Transportation
United-Carr Fastener
735,755
to V,' V, Boatner, director of
division of railway transport,
.
The
Mills
corporation has
of
Claremont,
N.
Corp.—Acquisition—
purchased the capital
H.,
which
will
stock
continue
as
of
a
the
Monadnock
subsidiary of the
United-Carr Fastener Corp.
the
has
appointed Federal Manager of this road, O.D.T.
Director Joseph
Eastman announced.
Mr. Stover succeeds John W. Barriger, 3rd,
No
announcement
will
which
nock
Co.
Mills
of
be
made
was
of
made
by the
new
management as
to
the
lise
the corporation's properties.
The old Monad¬
10 years ago when Bates Manufacturing
ceased operations
Lewiston,
Me.,
purchased the business, stock, machinery
and
Volume
THE COMMERCIAL
Number 4141
157
equipment, marking the demise oi^ one of Claremont's leading business
institutions lor nearly a century.
("Boston News Bureanu.")—V. 156,
2047.'
p.
"■
B
Distribution
The
(6,i
•.
new
plan
will
company
ment
action.
related
19
Jan.
The
A
hearing
which
at
be
also
will
Co.
with the SEC
Dec. 24 filed
on
plan under Section
a
the Public Utility Holding Company Act of 1935
of
certain
securities
and
other
assets
and for
of
on
it
time
the
on
the
will
plan
proceedings
exceeding
S30.605.840
to
suchi distribution
dividend
51
be
made
preference
from
the
on
and
shares
765.146
the
$5
dividend
Bonds,
be
afforded
to
share
PE
of
and
within
designated
a
their desire
to
period
receive
stock
common
than
$40
Corresponding
{itock
decrease or
taken at $20
being
and
merits),
tical
allocations
in accordance
UGI
(2)
increase
for
to
cases
cash
the
basic
the
with
new
with
rate,
nearly
as
distribute
rata
pro
stock,
a
1
to
holders
the
of
436,235
54,043,465
!
of. Erie
County
Electric
2,014,329
Potfer
&
Light
The
plan
states
that,
electric
Jan.
ended
,
output
2,
1943,
kwu,,
or
.14,009,062
shares of new common stock of PE subject to and after
'reclassification of the present PE common stock (as outlined below)
V.
157,
Co.,
combination
the
and
Shore
Eastern
for
distribution
UGI
to
of
1,95*7.667.5
New
basis
of the
owned by
now
UGI;
Public
of
stock
common
share
a
of
of
'each' share
of
of
share
a
the
Public
the
the
PE
new
Service
be
to
UGI
(or
to
UGI
common
UGI
amounted
12.4^
Fixed
common
Other
the
over
Total
..record
Stressing that the Company
•Co.,
as
soon
render of
date
a
fractional
UGI
stock
common
share
either
of
stock
common
of
receive
and
stockholders
of
the
Public
UGI
new
who
\ '
provided
as
of
stock
common
Service,
entitled
PE
of
or
shall
above,
to
alter
in
the
ago.—
.the
said
then outstanding scrip are to be sold
•'for'account of the holders of the scrip without interest.
Reclassification
UGI
(3)
of
Electric
Philadelphia
that it
represents
i$nd
will
recommend
stock-in
of PE
stock
shares
PE"
of
shares
df-PE
share
Stock
tho
$1
of
stock and 31/40 of
bearer
in
stock
(both
share of
a
of
shares
authorized
stock
common
without
the
share of
a
form
and
com-
of
issued
be
the
by
present
by appropriate action
PE
stock
common
2,304,956.95
shares
of
said
which
in
Paragraph 2.
'
7.750,670
shares
The
shares
the
recapitalization
dividend
$1
are
to
have
limited
to
dividends
ments,
and
PE
UGI .is
plan,
preference
Stock
been
the
of
the
Pti
dividends
for
.during
its
oyer
$1
on
all
dividend
option
per
the
past
the
first
succeeding
the
three
payable on
dividend
$1
has
stock
share of
stock
of
PE.
,-Y
•
Proposed
following
years
and
V./
the
two-thirds
'Y,'
holders shall
new
effective
a
a
.stock
Oct.
Ori
of
a
share
UGI Capital
in
corporate proceedings
PE
common
new
stock
as
set
and
of
Public Service common'stock
forth in
Paragraph 2
as
a
1942,
which
are
capital;
and become void.
Without limitation of the foregoing,
the stock transfer books with
respect to the $5 dividend preferred
stock of UGI shall be closed on the effective date of the plan, and
on
and after that date said preferred stock shall cease to be trans¬
ferable
ferred
all
cease
such books; all voting' rights with respect to said
stock shall cease and terminate on said effective date,
on
dividends thereon shall cease to
UGI
The
contingent
and
accrue
Contingent
o^her
on
pre¬
and
said date.
liabilities and
ob'igations
be
•
cents
who
stock
and
others..
•
56,056
2,500.000
2 500.000
1,726,723
1,476,667
....
par
year
year....
701,334
701,334
$6,110,284
$6,642,633
...
to
1336.
p,
New
for
$23,784,066
8,771,447
2,245.034
1,809,845
226,935
210.167
2,679.267
2.487.557
559,077
273,900
5,383,980
2.936,845
Other
on
income
taxes
Net
—
their
taxes.'
—Y—
operating
Other
1942,
each
the
change
check
stock
income—net
Interest
stock
and
in
total
to
for
of
amortiz.—
dividend
such
pay
36
above
1941
Acts
estimated
one
par
P.
series,
Butler
H.
1,814,106
1.781,473
$3,720,644
$3,812,111
Trust
has
to
Co.
1,171,602
1,171,602
$2,549,042
$2,640,509
...
October
at
20,
1942.
increase
69,783
Exchange
continue
from
Gross
ry.
of $388,063
of
156,
on
cents),
Dec.
327
30
since
of
Net
share of 5%
value
Co.—V.
Co.
and
156,
months
1872.
p,
1941
1940
1939
$2,304,704
$2,205,261
$2..144 738
1,205,009
1,209.868
1 ,246.692
1
585,916
804,649
673,051
24.427,454
25,201.413
23 407,094
19..493,229
railway—■—,
12,136,073
13.807.599
12.875.600
10 346.249
income..
6,799,810
7,739,946
8,789,842
,081,417
,025,41.5
2047.
RR.
Jiily
31,
for
Net
Gross
Net
1942.
five
ry.
1939
$3,975,126
1,213.119
1,151.661
income—
1,410,346
887,726
651,785
585,432
railway....
71 631.364
52.303,767
41.901.980
40 448.510
railway..../
28 717.329
16,443 824
9.976 566
9 304 133
income-
8.799,971
9,052,292
3,680,780
2,913,301
oper,
The
$7
!
Wabash
of
one
of
$7
convertible
of
Commerce
President
RR.—V.
of
Commission
Jam
on
the
156,
first
Pennsylvania RR.
1959/
p.
Waltliam Watch Co.—Pays $7
;
,
The
accrued
United
made
5
authorized
become
to
a
W.
M.
of
director
••
,
will
preferred
stock
dividends
Dec.
on
on
26,
Preferred Dividend—
24 paid a dividend
Dec.
on
of $7 per share
holders of record
this isrpe to date,
A
to
1941,
and on March
Dec.
19.
almiiiar
1941.—V.
14,
the 7'"/
on
This
155,
p.
all
pays
distributi-.n
was
1760.
of
share
cumulative
Corp.
Warner
Sugar Corp.—Reorganization Plan—
be
A
stock,
stock
common
company
prior preference
among
of
.///':?/'■>YY Y/,,-/'/
/
Approved-
/
,
Stores
Interstate
Clement,
unlisted
convertible
share
shares
1940
$3 974.374
1,479.191
from
from
Net
in¬
an
from
l/20t,h
States
/■•///'
1941
$4,657,395
3,404,315
oper,
ry.
J 942
$7,533,091
from
New Director
the
each
Earnings—
railway..
railway......
from
From Jan. 1—
trading P. H. Butler
to agreement of
States Stores Corp, and
United
2232.
p.
provision
twelve
1.006,959
income
156/p.
Net
pursuant
cumulative
$25,
156,
Include
the
railway....
oper.
ry.
Gross
of
unlisted
and
of
for
after deducting estimated
$2,103,598
November-—
record
stockholders,
removed
and
issued
exchanged
stock
income taxes
$3,774,565
1942
oper.
from
—V.
2312.
p.
50 cents)
Butler
Federal
for
(1941—none).—V.
railway.....
from
Net
an
'•/■■"/
stockholders
preferred
admitted to
be
H.
respective
(1941—$1,224,000)
railway
from
Gross
who
in
stockholders
':
will
the
From Jan. 1—
Y,
•
par).
30
1942
during
taxes of
profits
and excels profits taxes
effect to the provisions of
periods.
income
restated to give
Virginian Ry.—Earnings
any
announcement
an
common
preferred
1942.—V.
1,
Federal
purposes
applicable
31,
surplus..
"
May
an
and
set
appointed
been
will
and
years
stock
have been
excess
post-war credit
163,534, a decrease of 215 since
there were 163,749 common stock¬
1942,
since
(par.25
P.
initial
151,856
November—
Maryland
corporation's
were
preferred
exchanged for
.
Dr31,919
$5,593,589
$321,533
requirements
common
and
ending
charge and they
1696.
70,110,
Dec.
on
of
Drl97,624
$5,534,750
$473,389
150,715
.
The amounts shown above
any
as
for
Revenue
for
dis¬
deductible by
amount
He succeeds George. F. Hichborn,
stock ,(par
(no
first
Dr5.863
Di-28.842
/.
comparative
1942
-the
different
name
a
dis¬
initial
Co.—Appointment—
Corporation
Curb
.Corp,
stock
convertible
2,092,865
$5 625.503
$351,557
Balance
of ownership
for
dated Aug. ,26,. .1942, between United
fits, wholly-owned subsidiary,, P. H, Butler Co.
The agreement,
other things, - provides
that each share of common stock of
..common
2,368,199
$5,732,374
$502,273
Preferred
numbered
there
stock
States. Stores
180.742
$'479,242
Balance
certificates surrendered.
or
the
the
to
for
20,
330
Steel
common
common
203,252
$531,114
revs.._
principal
Net
this
Aug.
of
totaled
:The Exchange
1942—12 Mos.—1941
158,708
Balance
and
receipt
required
sent
156;-P.
that
20,
York
Co.—Earnings—
1942—Month—1941
188,993
(less
proved
the
Power
&
revenues
♦Federal
the
made
be
at
City
of
share
per
will
have
certificates
merger
plan
District
for
reorganization
Court
of
of
the
the
Southern
was
trustee,
Quillinan,
distributed
corporation,
District
of
filed
in
York
New
bondholders
to
by
U.
S.
Francis
J.
the
and creditors
Jan.
7,
The
Utah Light & Traction
Period Ended Nov. 30—
Co.—Earnings-
1942—Month—1941
1942—12 MOS.—1941
$171,076
$108,925
$1,784,249
$1,190,220
140,184
91,208
1,497,799
1,060,852
Federal, taxes.
2,829
626
44,828
7,933
Other
6,151
5,271
73,488
68,768
revenues
expenses
...
taxes
plan provides that all fixed assets of the corporation will be
acquired by Miranda Sugar Estates, a Cuban corporation and a sub¬
sidiary of Warner Sugar Corp. for $1,915,500 in stated value'of com¬
mon
stock of
that company.
Of the 300,000 authorized shares of
Miranda Sugar Estates stock,
270,071 2/10 shares will be distributed
to
the
holders
Sugar
Corp.,
basis
of
bond,
,
-
Net. oper. revenues.. r
lease of plant
$21,912
$11,820
$168,134
$52,667
the
.31,258
Rent from
39,868
458,139
567,737
and
.-
Gross
income
Balance
after
"LOSS.—V.
$53,170
$51,688
$626,273
$620,404
1,465
"321
"2,050
"3,858
charges.
156,
2047.
p.
5
and
plan
Gross
Net
from' railway....
from
Net
oper.-.income...
ry,
1941
1940
,
1939
of
$87,495
$102,276
$104,630
29,969
16,454
37,655
37,598
10,143
2,641
21,805
817,557
767,644
'728,461
Net
Net
from;
ry.
—V.
296,885
134,552
134,410
58,146
54,496
38,276
2047.-
p.
Verney-Brunswick
The
water
and
"corporation
water
taken
The
of,
the
Cabot
Mfg.
rights of White
power
over.
Brothers
•
Cabot
hereafter
company
manufacturer,
but
as
a
:
took
at
Verney
Inc.,
Inc.
is
President
with
its
headquarters
("American Wool
and
in
Cotton
existence,
Mass.,
of
Treasurer
Manchester,
and
N.
maintaining
corporation,
at
recently
Peterboro,
plant and
the mill
H„
were
dividend
stock,
with
of
payable
$1
paid
50
Jan.
on
cents
15
Dec.
December, 1936.—V.
per
to
29,
154, p.
share has
holders
1941,
1704.
of
N.
as
not
its
as
a
Boston,
for
been
was
declared
Jan.
the
Cuban
be
to
made
provide
to
Treasurer.
at
5.
first
on
the
bank creditors
as
much
the plan by the court,
cash
as
is
available
a
a'ter
reorganiza¬
capital.
The
the priority claims and
for
necessary
distribution
$100
working
bond.
the
It
plan
is
to
bondholders
will
be
bond,
$50 on each $500 bond, and
stated, however, that at the time
distributable cash may be in excess of
bank creditors will receive an estimated
$35,048.
it Is estimated that there
bondholders and participating
to June 30, 1943.
plan, to be effective, must be accepted by holders of two-thirds
Also,
the consummation of the plan,
upon
be
further
distribution
cash
to
banks, depending upon .the net earnings
The
each
of
class
of
creditors
affected.—V.
156,
p.
1942—Month—1941
period End. Nov, 30—
Operating
1064.
$1,029,834
revenues
his
Verney
the
Operating. expenses^^_
384,585
5,259,314
5,269,722
—1
127.489
99,580
1,248,556
1,052,749
80,954
87,052
1,123,519
1,159,787
90,188
90,736
1,088,011
1,095,178
$321,715
$299,033
$3,186,584
$2,744,736
1,986
2,033
38,908
38,477
$323,701
$301,066
$3,225,492
$2,783,213
233,579
period—__
2,373.333
1,860,586
622,518
622,518
$1,750,815
$1,238,063
Other
taxes
taxes
retire., reserve
appropriation
Property
Net
This
•Net
A
revenues--
oper.
income
Gross
class
1942—12 Mos.—1941
$960,936 $11,905,984 $11,322,172
409.488
Other
on
participating
cash
Participating
of
Warner
creditors.
this
on
bonds of
$4,656,400,
shares for each $500
Of the remaining shares
each
that
of
of
pay
Verney-Brunsvviclc
H.,
Reporter.")
record
which
shares
$1,000
approval
Federal
Waitt & Bond, Inc.—50-Cent Class A Dividend—
A
8/10
.
Mass., office, with Jacob Ziskind of Fall River,
Gilbert
the
over
Mare
continue
will
financial
20
Co.
20,323
of
29
Washington Water Power Co.—(& Subs.)—Earnings-
Mills, Inc.—Acquisition—
of midnight on Dec.
as
rights
power'
each
amounts.
117,434
155,571
railway.....
income...
oper.
156,
$1,000
is
distribution
may
mortgage
amount
each
$10
cash
27,832
1.226,703
.
■/-.■: '■/
railway....
from
the
the
$100
for
to certain
estimates
on
refunding
in
bond,
bond.
and
expenses
these
From Jan. 1—
Gross
and
reach
fo
reserving sufficient amount to
$100
$115,456
railway.....
first
outstanding
immediately upon | approval of
approximately
1942
.
shares
distribution
cash
trustee
November—
the
shares
shares
58
addition,
tion
Utah Ry.—Earnings-
of
now
8/10
provides
1,155
In
.
UGI
......
val.!_.
.....
without
10,282,367
such distribution.
President.
since May
Mills,
of
shs,
Depreciation
_
1942,
Mills,
Obligations
obligees are not to be discharged by the plan but will
Continue and remain against UGI subject to the terms thereof.The
distribution of property and assets of UGI to its preferred and com¬
mon stockholders pursuant to the provisions of the plan will be made
free and clear of any .and all claims and demands of creditors andcreditors
cents
unless
be
424
preferred
Co.
to UGI shall
stockholders of UGI against or with respect
thereupon
contracts.
on
(200,000
321,631
$28,C91,220
partial distribution
preferred
preferred
deposits
94 878
1,033 353
267,743
__Y
misc..'
reserves,
156,
♦For
that
of
31,
trading the
Y.//Y^-
and there shall be eliminated the present class of UGI
stock consisting of 6,000,000 authorized shares, so that the.
authorized and issued capital stock of UGI will consist of only one
class of capital stock upon the consummation of the plan.
UGI states that, although it is not presently contemplated, the plan
•may be consummated, if deemed advisable, by the formation of a new
corporation which would take over all of the assets and assume all
of the liabilities of UGI, excepting the assets and liabilities discharged
by the plan; the capital stock of any such new corporation would be
distributed pro rata to the holders of UGI common stock.
(5) The plan further provides that, following the entry of an order
bv
this Commission approving
the plan
and upon the plan.being
declared
effective by the UGI board of directors, the outstanding
shares of S5 dividend preferred stock of UGI shall represent no rights,
other than the right of the holders thereof to receive, on surrender
thereof, shares of PE $1 dividend preference common stock and cash
in accordance with the-provisions of the plan;-all other rights of the •
of
&
499.081
847,632
Steel Corp.—Number of Stockholders—
decrease
of
'The
the
be distributed
to
year.,
$2,150,389
United States Stores Corp.—Merger, Etc.—
Y
during
during
/Y^Y;
;
30,
July
crease
the
of
date
thereof
thereof
next
928,902
of
outstanding shares of common stock of UGI,- the
stated capital applicable to the-UGI common stock is to be reduced,
■without changing the number of authorized or issued shares thereof,
tin the amount of the aggregate book cost to UGI of the shares of
of
stock
holder of
company
1942.'- On
a
United- States
-
share- thereof during
share
payable
$2,638,274
Baltimore.
10
not
may
the
Nov/
on
Operating
majority
their
stock certificate
p./2724.
with
under, the laws of
a
5.7
thereof
shareholders
Co.,
amount
the
announced
Aug. 20,
holders,
stock
common
is-
/ record
be
common
taxes,
217,539
r—
Maintenance
': *'■':■
;'
Baltimore
common
W. .Harley, General
Traffic Manager,
of'Traffic of this company, according
been
It;
of
and
'Y'YY/.YY'•/''YY ' -Y Y
■
Changes
Subject to appropriate
of
sum
of
Court
the
any
152,
Pennsylvania, including the affirmative vote of the holders of at least
(4i
on the
certi.icat.es
Operating
■
of
.
periods.
Each share:
will be convertible at
the
one
•
stock
to
350.000
year/
Wabash
three years;/,after which 12-year, period the conver¬
privilege will terminate.
The $1 dividend preference common
to have no preemptive rights to subscribe to additional shares
of any class of PE capital stock, but in all other respects shall have
the same voting and other " rights, ; excepting as aforesaid, as the new
PE common stock; provided, however, that PE may not be voluntarily
liquidated and its business wound up (not including a merger, con-:
solidation or sale of substantially all its property) without the consent
of the holders of at least a majority of the outstanding shares of $1
dividend preference common stock of PE,
The prevent stated' value
of 5137,816,005 now applicable to
the outstanding common stock of
PE will remain
unchanged so that the same aggregate amount will
be applicable to the $1 dividend preference common stock and new
common
the
of
and payment
non-negotiable
United States
stock is
:
the Circuit
holder
such
Trust
advisory capacity.—V.
sion
,
to
charge of
by Herbert-E. Smith,
succeeding
years
below),
be made to the
receive
Director
in
preference
dividend
common
as
$108,714
100,000
,
this
Operation
to
Net
quarterly install¬
the common stock unless
plan of PE, seventh-eighths of
years,
three-fourths of
three
of
each
United States Rubber
outlined
as
$6,642,633
$97,864
payable
Period Ended Oct. 31—
Corp.—Distribution
Y';/:
receive
to
also rprovides
to
James,
receive
stock of
common-
stock
common
payable
three
succeeding
the
distribution
to
preference
new
annum
quarterly
preference
of the holder into
recapitalization
the'
of
dividend
$1
preference
paid
SI
subject
133,850
208,203
payable——,.
Virginia Electric
1872.
p.
transaction.
per
appearing
time.—V.
to
common
229,278
208,203
or
the
to
are
that
shall, not
be
'-Y
dividends shall be
no
until/all
and
have
be
will
new
1942,
1943,
additional
forth, such
shares.
•'
of
one
156,
holder is gi-eater than the charges
Maryland Trust Co. from the amount of such distribution
PE which shares will be subject to distribution, as outlined in Para¬
graph 1, and also to receive 7,939,303 chares of new PE common stock
of
of
extension
an
under the law of Pennsylvania upon the
foregoing
£•——
companies—.,4——
subsidiary
...
—V.
also
cents
20
An
tribution
,
the
to
Power
order
an
Maryland
The-order
common
would
be
from
affirmative vote of the holders of at least a majority of the outstand- ■
ing shares of common stock of PE (60 days' notice of the meeting
.of common stockholders being required by law), and subject to the
necessary approvals of governmental authorities..
"<
Y.'
Pursuant
2,061,184
Ex-
charge
tribution
PE non-voting
fractional
for
PE
Electric
presentation
the
order
<b)
each
that
preference
stock of
common
1.341.392
2.003,154
payable
stock
days
closing
less the charge will be 15 cents for each transac¬
and-for transactions involving from 11 to 15 shares, the charge
will
12,630,924
value), and
par
dividend
$1
new
the new
would
reclassification
effected
15,000,000
preference
8,
involved,- where
shall be changed or converted into 2,369,076
par)
dividend
common
into 9/40
Such
the
outstanding 10,529,250 shares of common stock of PE
10.244,232 shares held by UGI) shall be changed or con¬
(including
scrip
that'
by the
A
tion,
the
of
verted
thereof)
companies
the
Securities and
Stockholders—
involving 10 shares
vote its holdings of approximately 97*h ."of the PE common
favor
in
the
war,
provides that Maryland Trust Co. shall be entitled
following charges for its services in this distribution:
of 40 cents for each transaction involving stock re¬
ceived from any one stockholder/made up of one or more certificates
.registered in the name of such stockholder, except that for transactions
;
Co.
397,524
1,547,842
—
taxes,
Total
deduct the
(a I
the board of directors
to
States
March
of
The
to
.
of PE
'mon
claims
office
period any shares covered by
and the proceeds thereof held
one-year
both
granted
charges mentioned
after
or
non-voting
of
subsidiary United Light & Rys.
"very substantial" progress toward
exigencies of
250,300
734,787
surplus, beginning of
Capital surplus, beginning of
Extension—
Grants
1.022,046
270,500
.
$6,110,284
Operating
corporation'is entitled
the
may
expiration
Co.—SEC
$1,238,134
719,912
receivable
accounts
Accruals
and its
and
tne
has
In; accordance, .with
UMd.), dated Dec/ 24,
a
amounts
stock,
Commission
-■Common
scrip in bearer form.
Such scrip, when
aggregating one or more full shares of the same
be surrendered within one year after the effective
date of
the
plan, in exchange for full shares of the capital stock
covered thereby, and the scrip will provide that as soon as practicable
combined
.capital
because of
United
lieu
in
continuous
to consummate certain diversement orders,—V.
year
I
VY'.
be
would
.
made
and
I94i,
cnange
' Y
of
■
trip certificates,repre-
/••//V.
of
stock
thereof
of
same,
holder
common
/'
of
be fixed
to
shares
t ie
'senting the
Each
made
be
to
have
Nov. 29/41
$396,608
....
-
Customers'
compliance with its "death sentence" orders issued
account Of
for fractional
by- the board of directors of UGlYanu
practical after .the-effective date of the plan, without'sur¬
of
as
is
Power
&
Sheet
......
...
in
•
Liabilities—
Current
Accrued
year
Balance
$1,223,634
("Deficit.
value.
par
notes...
———
assets
companies for the week
126,642,520 kwh., an
increase of
a
$4.37
without
(net)
Investments
system
week
tax
—
assets
corresponding
to
capital stock
obligations
accounts
Capital
United Light
v.
the
on
scrip
:
distribution
Sucn
&
Accrued
the
t$25.193
$4.81
Corp.
on
one-twelfth
and
stock, to and
of
stock
common
stock
common
common
.shares),' /
as
Service
distribution
such
Treasury
Dividend
for
of
Earned
of:
One-third
of
shares
Jersey
S.
Inventories
latter
the
by
$161,544
$2,73
Nov. 28/42
Government
Notes
.
approval
upon
900,000
——
S.
U.
Public
the
of
800,000
Assets—
48,.
p.
200,000 shares
Cash
—$110,971,402 $56,910,160
Co.
$874,807
—
Comparative
17,818,194
6,204,441
—_
.the- 7,750.670
and
—
348,827
$961,544
$145,451
—
884,232
,
—
...
$1,845,776
343.398
$545,451
—
"Earnings per share.....
♦On
' Nov. 29/41 Nov. 30/40
$883 849
400,000
earnings
companies
Co.-, currently under discussion,
The
23,-
the
other
taxes,....—.
taxes—,—
Surplus
Mkt. Value
Weekly Output—
partial distribution of capital,;,
as a
or
Commission, UGI
may, as determined by its board of directors, request the Commission
pursuant to Section 11 (ej of the Act to apply to a Federal Court
,to
enforce and
carry out the
terms and
provisions of the plan.
requests of the UGI preferred stockholders.
common
Nov. 28/42
before
income
Dividends
Est.
,
prac¬
as
Net
$36,641,402
holding companies)i.—,,
equipment, etc.———
Delaware
(7)
payment (the new
of such adjust-'
made
assets
stockholders, would reduce these figures by $16,528,460 and $17,197,369,
respectively, /, .
/." \
,
'
•
-•/
•
.
purpose
be
The
follows:
as
earnings
Federal
UGI
owned— $49,468,333
1,255,163
statutory subs.—
securities—other
in
stocks
of
"Exchange
dividend preference
the $1
under
the
of
share
such
the
to
its
receivable
per
in
with
proposes
shares of
252.010
less shares, of
or
of
assets
majority
recivables,
Service
for each
cash
Total
subsequently
UGI
distribute.
to
stated
are
48 Weeks Ended—
Service,
-
stock of UGI.. An opportunity,
preferred stockholders to indicate
time after the plan becomes effective
shares
feasible
and
consideration
of
the
of
Public
remaining
Total———————Y
UGI
of
more
the
such
of
U.
■
preferred
will
shares'of the
three
stockholders
of
Yeeder-Root, Inc.—Earnings—
distribution
stock
common
common
advances—subs,
Investment
treasury
of
basis
stock
common
of
however,
UGI
Assets
the
to
Investment
"Stocks
(principally
the
175
11-30-42
(resulting pri¬
marily from, recent sales of certain securities formerly owned by UGIi;
cash
in
the
amount
desirable
UGI
addition
Book
dividend preferred stock in retirement and liquidation thereof
and • in exchange, therefor, not exceeding 2,304,959 shares of new* $1
dividend, pre.erence common stock of Philadelphia
Electric Co. and
not
be
Remaining
in
and
the
for. further
Investments
holders of
CHRONICLE
11
its $5
of
PE
rata
pro
of
that
the divest¬
the
taking of
heard.
plan is summarized as follows:
UGI proposes to distribute to the
(li
the
FINANCIAL
for
held before the SEC
Philadelphia Electric
be
of
a
may
remaining
The
(ei
of
described,
receive
which
With SEC—
'
provides
stock
common
'previously
Gas Improvement Co.- -Divestment Plan Filed
United
&
i
,
(netl_-
income
income
Dividends
aft.
applic.
-
chgs._
to I pfd.
,
248,631
stock for
compares
payment
since
Balance
-V.
156,
p,
2048.
«
(WVV-WtV *#■* 4"
'.Y.
,w,'.
♦
THE COMMERCIAL & FINANCIAL CHRONICLE
176
Operating
revenues
''Operating
Net
operating
income
Other
$12,324,587
10,285,418
$10,813,0312
—
i-
$2,039,169
$1,921,889
12,327
±
expenses
101,299
——-
-
———
revenues——-—
-
——•
8,891,143
''
income
Gross
——
,
$2,051,496
$2,023,188
865,436
—————
797,588
deductions-———-—*■ '
other
and
$1,000 National Electric Power Co,,1
5s, Jaii., 1978, ctf; dfep, rcpt.; 10 Covert Gear &
Mfg. Corp., class A ctf, dep.; 3 Covert Gear & Mfg. "■
Corp., class B ctf.; 1 Webster-Dudley Golf Club; 37
Michigan Alkali Co^ and the J. B, Ford Coi, its affiliate, were
1943 into one company, to be known as Wyan¬
it was announced on Jan. 4 by E. M. Ford,
The
consolidated on Jan. 1>
dotte Chemicals Corp.,
President.
The action was said to combine one of the largest pro.and' distributors of chemicals and one of the world's largest
ducers
income
Net
$1,225,600
$1,186,060
——
—
Federal income and excess profits
■'■Including
taxes:
1942, $698,965;
156, p. 2048.
Western Electric Co., Inc.—Omits Dividend-
,
special meeting of the board of directors, held on Dec. 29
final dividend for the year 1942, the following state¬
After the
consider
to
the
ment was issued:
of
view
"In
it
of
contracts^.covering
of
renegotiation
decided to declare
was
Distributions
the
the United States Government in 1942 has not been
business done with
concluded,
that
fact
the
25
cents
each
further dividend for 1942."
no
made on June, 30 and Sept.
30,
last, as against 50 cents on March 31,' 1942, and 7*5 cents per share
in each of the four preceding quarters.
were
To Terminate Sound System Contracts—
Vice-President,' on Jan. 2 announced that con"-,
tractual notice had been given of the company's intention to terminate
two years hence its license contracts with the motion picture producers'
in this country operating under Bell System sound recording patents. K.
T.
This
Stevenson,
the
is
well-known
that early In 1941,
said
Stevenson
Mr.
Electric sound
Western
cancellation could first be
Western Electric advised its licensees
the
the time approached when
given under existing contracts,
of
notice
system.
as
that
if
and
terminated
it
when
present contracts there would be available to its licensees another
of contract which would continue to make available Bell System
form
patents for sound recording in the motion picture field.
The new
contract, a draft of which will shortly be presented to licensees,; will
run to the end of 1954 and will provide for substantially lower record¬
,
Demand
announcing
P.
156,
ing fees,—V.
The
ago.
years
Western Maryland
Net
Taxes'
$931,341
1,—
income
Other
$7,464,088
2,320,000
$645,341
$334,295
$6,328,342
48.924
347,988
Drl2,307
Drl61,819
$701,134
$370,912
$6,514,511
13,023
10,866
183,610
$5,415,632
101,410
$381,778
$6,698,121
Gross Income
277,842
3,074,579
3,078,279
$431,821
$103,936
$3,623,542
—
,
.
♦Operating expenses include account amortization Of defense projects:
JMonth of November, 1942, $85,438: November, 1941, $120,718;
eleven
months ended November*
—V.
1942, $846,123; eleven months,
'•
Western Ry. of
Net
from
1941
7
■
$423,974
106,450
railway
3,932,615
railway—
1,731.396
216,656
...
income—-
Net
Net
Net
from
from
ry.
—V.
income—
oper.
156,
(both
75
:
$155,248
$171,643,
47,588
25,839
34,088
17,249
2,230,050
1,675,877
1,597,353
586,357
310,560
273,350
297,4.26
158,672
134,733
867,595
i
20
533,393
795,405
25
599,466
/ 307,883
557,574
244
975,705
18,075,818
13,997,583
786,046
6,479,153
4,193,363
4,156,360
1,783,876
depreciation,
♦After
Federal
for
income
capital stock
954,403
The
reference
$1,055,706
$2.14
of
F.
vital
and
equipment
will continue
for
to
so
become
The
has announced
company
the appointment of Arnold J.
'•
Bureau,-
;
C. Willever,
J.
First Vice-President, retired
($100
years of age, it is announced. ■
Because
of his distinguished
7
50
par)
IIV2
official
Director
of
14
Devonshire
Western
Union.—V.
157,. p.
to
serve
as
a
48.
20
The
Feb.
1, ,1943.
at
100
and
N.
Wheeling & Lake Erie Ry.—Earnings—
Gross
Net
from
from
Net ry.
$2,006,219
railway--
Calcibrite
Corp.,
($100
1,000
30
588,849
351,018
281,443
279,944
50C
Bank
33
Lynnellen
Corp.,
pari
10
Club
Country
Public Utility
51
Hotel
common—
Insuranshares
Inc.,
($1
1 lot
10
1 lot
'
Light, Vh pfd. ($100 par); 5 North¬
Service, pfd. ctf. dep.; 10 Boston
Commerce
Realty
Trust,
1st
pfd.
'
1 lot
——
20
Middlewest
Boston
Insurance
Utilities,
common
2.90
10c *
,10 lot
($100
Exchange Building, pfd.
clasS B—
class B ($1 par)
—_
1st
pfd.
($25
par)
12
Gas & Electric
Consolidated
Products
St.
Corp
com.;
Milling Co.,
pfd.
($50
2,800
($1
Ltd.
pfd,
($1
5 lot
Slot
25 lot
r
par)
Creek
—
pari,—-
———Z—'
20
pari;
Cripple
pari-
($100
——
Tiger Placers Co.,
Co.,
Co., class A
Rwy.,
The
—
1 lot
Tiger
Mining
&
10 lot
———
BONDS
Per Cent
2 lot
$6,814 67
Central
Assets
Trust—
—Z.
4 lot
2 lot
■'
$3,266 67
Central
Assets
Trust———————,
2 lot
125 lot
^
Valley Country Club Bond—
l & int.
Bouve-Boston
School
of
Physlcial Education,
Inc., '
v.. October, T949-.
Z—: $25 lot'
Bouve-Boston
School
of
Physical
Education,
Inc.,
October, 1949
—$12.50 lot
$5,000
$2,500
'
———Z.
Pine Brook
$500
5 lot
—
—
———
$1,500
1 lot
Bouve-Boston
10 lot
_•
51 lot
pari;
Boston Insurance Exchange Building,
Placers
2 lot
Holding Corp. of America, com, W- W;—
Charles Co.,
Mines
pfd.
———————
—
—
The
2 lot
———„ —.
Hotel Co.,
; Inc., 2nd mtg. 6s, Jan., 1960, with 4 shares of stock
Associated Gas & Electric, class A
($1 pari; 8 Asy
sociated Gas & Electric, common ($1 pari; 20 Kern-
25
Merlin
20
of
————
5
-Automatic Equipment Co., common A ($25 par)—
Pqwer & Light Corp., common ($1 pari; 100
Utilities Power & Light Corp., class A ($1 pari; 100
50
..———".y—————7—
common;
30
Iqt
2.50 lot
—
par) —i_ y—y;
($25
1,475
50 Kreuger
The
200
Mining Co., Ltd. (50 cents pari—;Skinner Organ Co. ($1 pari; $500 Bellevue
wood
853,506
Y.)
($10 par);
par);
200
5 lot
par)———.
Boston
100
180
——————
Fawn
1939
$1,549,130
{$100
kroners
(N.
Corp.
Lynnelien
,V/"5;. \
1940
$1,360,674
$1,788,923
270.811
income—
oper.
1941
1942
railway—
States
10
Y., at 100 and dividends to Feb. 1, 1943.—V. 156, p. 2312.
November—
(100
Co.
250
dividends.
Payment of the
called shares will be made at any time prior to date of redemption at
the office of Brown Brothers Harriman & Co.* 59 Wall St., New York,
on
Toll
United
company has notified the New York Stock Exchange that 1,282
of its $4.50 cumulative preferred stock have been drawn for
shares
Trust
Atlantic National Bank,
&
par)-
B;
2lot
1.50 lot
Samoset Cotton Mills, common ($80 pari„.^H,r—
—.
1
National Railways of Mexico, 2nd pfd* (li'OO par),—39 lot
Appalachian Gas Corp., common ———i————1 lot
Central States Electric Corp., common ($1 par)-.—
1 lot
Mid-Kettleman Oil Co., Inc. ($1 par)—.
——
' 16 lot
Chicago & Northwestern Rwy,, common old ($100 par)
2 lot
Dedham Cornmunity Theatre, Inc., pfd, ($100 pari;. 5
Dedham Community Theatre, Inc., common
4 lot
25
(50 cents pari----—
($300
class
General Street Utility Corp.;
Automatic
Equipment
Co.,
Worcester
3,900
($100 pari
Building Trust, common ($100 pari; 2 War¬
Chambers
ren
Ltd.
Athenaeum
Boston
Chlorine Products Corp.—Stock Retirement
Westvaco
redemption
Fawn Mining Co.
8 lot
Utilities
2
1 lot
Lawyers Mtge. Investment Corp. of Boston
1
company
3 lot
10 United
25 National Investors Co. ($1 pari;
par);
—
par);
Associated
Associated Gas & Electric
——Z.y,—;.——'
10
the
Mr. W.llever was appointed Honorary
duties, effective Jan. 1.
He will be available
-years,
par)
7.000
•
with
,
;
$ per share
&
of
pari
($100
100
for 62',i
Vice-President without
i
service
($1
common
($10
Dudley Lock Corp., pfd. series A ($10 par)—————
Old State Corp.,, 1st preferred ($100
pari——————
Richmar Royalty Trusts————————————
Chicago, Milwaukee, St. Paul & Pacific RR., pfd, old
20
Electric class A ($1 par;; l
.'
4 lot
3 lot
A—————
common
Mfg.,
Public
Chamber
10
Associated Gas & Electric $5 pfd,; 13 Associated Gas &
'
Power
eastern
(Continued from page 162)
/."'z;
9 lot
—
50 B-Ettes Corp.
par)—^Zw——
Inland
5
available,
STOCKS
Co.,
Kari-Keen
($1
Auction Sales
pension Jan. 1, at 77
:'7; ;■,'■'■" ■
on
American
common
Gold & Silver Circle
25
16
<
1
3
pari —;
'
.
Retirement—'
($1
—
—
100
750
recognition of our performance to date, the company and its
employees were recently awarded the Army-Navy "E" pennant and
lapei pins ior excellence in production.
The company continues to receive substantial orders for new busi¬
ness, on a
direct contract basis.
A portion of this business is being
sub-contracted to other manufacturers.—V. 156, p. 1424.
Shares
par);
($100
common
—
In
Douglas
pfd.
.
10 Cen-
American Co., common ($10 part; 5 Insuran-'
shares, Inc., common ($1 pari; 50 Kari-Keen Mfg.,
;
clasa B;
——
National Short Term Securities Corp., class A ($1 pari
The company's production
effort 'has been steadily increasing
materials
($100 par);
North
■
states:
more
pfd.
($1 par) 1 Niagara Hudson Power, common
($10 par); 3 Cities Service Cos., common (old) ($10
..par)
__;
———190 lot'
information
war
7
par);
North
and reserves, but before provision
profits taxes. tOn 492,464 shares of
as
($1
common
price
the
do
A
Colony Hills Trust, pfd.; 5 Colony Hills Trust, common
taxes
President,
class
CO:,
Development Corp. ($1 par)
Smack Corp., preferred ($100 par)—
Corp., common;
had been created.
McDonald,. Jr.,
As¬
5
$754,533
$1.53
to
2
The Touraine Co.,
395,540
definite
of
absence
Electric
&
Industrial
outstanding.
with
par);
5
as
to the procedure to be
renegotiation on war contracts, the
management is unable to determine the effect, if any, such renegotia¬
tion will have on the foregoing figures which were arrived at after
the
In
followed
Gas
traT States Electric Corp., 6%
Engineering Public Service Co.,
1941
profits taxes—
excess
($1
A
—_
Associated
States Electric Corp., conv.
$1,150,073
excise
and
15 lot
—
class
7
$2,010,109
Z
Electric,
:
40 Primrose House,
($1 par),—
—1 lot
($50 pari—
■
6 lot
Service Corp., '■common—■ 1 lot
Candies, Inc. ($50 pari————
10c
Reids
50
—
v
Si
($1 pari
:
Associated Gas & Electric Co., common ($1 pari; 14
Central States Electric Corp., common;
10 Central
(& Subs.)—Earnings—
sharei—
Gas
——■
Republic
2,043,047
1942
common
pari;
—
1 lot
50c lot
4 lot
10c lot
par)_^
par)
Lynn Realty Trust, preferred
108
13,870,027
4,422,464
135,155
—7-
per
($1
—
($1
36
sociated Gas & Electric, common
832,730
profit
House, Inc., A
Associated
50
Net
fEarnings
class A
($10
Associated Gas. & Electric, class A
30
'.
of Flushing, N. Y„ as Superintendent of Tariffs/ Mr. Douglas succeeds
F. W. Lienau of New York City, who retired on pension after 39 years
of service,
Mr, Douglas was Assistant Superintendent of the Tariff
Real Estate Trust
Primrose
026,281
Federal income and excess
1 lot
——
11
497,869
—„
Policy No. K458365;
19351—
Bangs
1,667
Western Union Telegraph Co., Inc.—Promotion—
lapsed in
B
Income
School
Note
of
Education,
Physical
10-year
$7.50 lot
469,863
477,035
.
——
———
—
——,
From Jan. 1—
Gross from
Net
22.166,719
19,512,855
15.664,705
13,568,854
railway-
from
Net
8,738.819
7,169,118
^,319,819
4,395,732
income—-
3,129,378
3,700,922
4,074,774
3,709,221
railway
ry. oper.
—V.
156, p. 2232.
Wilson Jones Co.—Earnings—
■
.Net
sales '
1942
J
—
1941
$1,636,000
sold and expenses———
—
.
1,448,000
EXCHANGE
RATES
CERTIFIED
BY
FEDERAL
JAN.. 1
■
$279,000
profit from operations. _J
Other
income
—
—
.
—
-
11,000
—
—
income:
$199,000
Other deductions
■———
Provision for Federal income
for
income
Net
Earned surplus,
88,000
taxes
$124,000
851,000
the. quarter—,
—
y;
Total
$915,000
paid
in
cash
$723,000
198,000
-
1930
INCLUSIVE
Y'-
"
' '■.■Jan. t
Jan. 2
Jan. 4
Jan. 6
Jan 5
'
Jan. 7
'
Argentina, peso—
$
.
Official-
$
—i——Holiday
.
Australia^ pound—
$.
,■$
.297733".
.297733*
.237044"
.237044"
$
.297733"
'
♦
.237044"
$
.297733"
.237044"
Y
,297733"
.237044"
3.228000
~
cruzeiro—
Z—
3.228000
3.228000
3.228000
3.215033
3.215033
3.215033
3.215033
"*■"■
168,000
Official
3.228000
3.215033
Brazil,
Dividends
y
,
.
599,000
47,000
(est.)
beginning of fiscal year.
$289,000
41,000
124,000
$64,000
■——Z_——i—
-
1943,
10,000
.
Z"
Total
7,
Noon Buying Rate for Cable Transfers in New York
Value in United States Money
Country and Monetary Unit
Net
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
TO JAN.
$1,561,000
.1,282,000
$188,000
——
Cost of goods
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world.
We give below a record for the week, just passed:
FOREIGN
Quarter Ended Nov. 30—'
.060586"
.060586"
.060586"
.060586"
.051500"
.051425"
.051425"
.051425"
.909090
.909090
.909090
.909090
.909090.
,885312
.886093
.888750
"888392
.887410
.572200"
—
.060586"
.051500"
_
.572200"
Canada, dollar—
Earned
Capital
surplus since August 31,
surplus
——
1932
—
-
$717,000
.775,000
—
1
$555 000
492,000
Official
:
:
Tot. cap. surplus and earned surplus, Nov. 30
Outstanding shares of common stock.
—
Earnings per common share——
—V.
156,
——
$1,492,000
$1,047,000
263,500
268,500
$0.24
;
An
extra
share
stock,
The
23.
Dec.
Dec.
dividend
common
was
usual
made
on
of
par
30
;
:
regular
this issue
per share was recently declared on
payable Dec. 30 to holders of "record
quarterly distribution of 50 cents per
on
Dec.
28,
■
J
last, to holders of record
of
\
J".
4.035000
4.035000
4.035000
4.035000
4.035000
4.035000
.301215
.301215
.301215
.205725
.909090
.909090
.909090
—
-
-
.886250
3.227833
3.227833
3.980000
3.980000
3.980000
,
.
.301215,
.205725
.909090
.885833
3.227833
3.980000
-
.883750
3.227833
!
—
4.035000
.205725
.882916
!
pound-
4.035000
.301215
.205725
.909090
Free
New Zealand, pound-Union of South Africa,
.572200"
4.035000
.205725
Holiday
—
.885000
.
3.227833
3.980000
Uruguay, peso—
Controlled
on
.572650"
4.035000
—
Official
cents
$10.
Dec. 27. 1941, also paid an extra dividend
share on the common stock.—V. 147, p. 1941.
company
cents per
Official
,572200"
...
„
(British^ rupee
Mexico, peso—
Newfoundland, dollar—
16.
The
-
India
Woodward & Lothrop—Extra Distribution—
the
England, pound sterling—
■
;
;
;
$0 46
2312.
p:
—„
Free
Colombia, peso
.658300"
•Nominal
rate.
"
"
■
.658300"
.658300"
.527340"
30
'
v.t.c.
com.
Associated Gas & Electric,
income—
I
—
12
1939
——
N.
40
a
•1
24 lot
pari
Lexington Trust Company, Lexington, Mass. ($20 pari
Associated Gas & Electric, class A ($1 pari;
1 As¬
sociated Gas & Electric, common ($1 par)———-
68
;
■,,
($1 par); $5,000 U. S, Gov¬
Life Insurance Policy No. K458364; $5,000
ernment
$1,731,272
profit
1
1
Placid Co.,
Lake
5
U. S. Government Life Insurance
1940
6 Mos. Ended Oct. 31—
F.
2048.
p.
Associates,
2,400
♦Operating
V.t.c.;
.
1
$1,414,497
Zenith Radio Corp.
($1
B
15 lot
($300.par)———Z———175
T., S. A. ($l2Va par)
•''' 32
Electrical & Musical Industries, Ltd. (10 shillings par)
National Investors Corp., ($1 pari ———
5.10
Blair & Co., Inc* ($1 par); 40 Massachusetts Utilities
•
50
1941
income—
156, p. 2048.
V".
v.t.c.
pfd.
of America
Bank
645.
$2,012,146
ry. oper,
V.
1939
From Jan. 1—
Gross
1942
liberal reserves
1940
•
$226,541
65,515
35,129
railway—.
oper.
ry.
1942
railway——
from
7
Alabama—Earnings-
November—
Net
1941, $362,154.
156, p. 2048.
Gross
is
1
20 lot
Boston'Athenaeum
1
.
Co,,
40
and
—
Lake Placid Co., pfd. B, v.t.c.; 2 Lake. Placid Co., com.,
v.t.c. ($1 par)—
•——
5
,284,856
railway
railway-
from
from
Net
$2,438,763
——, „■
income
1898
Placid
common
2
Mississippi Valley RR.—Earnings—
oper.
ry.
Gross
.
Net
in
materials.
to Eugene
1942
1
Lake
From Jan. 1—
$5,517,042
282,336
—_
Fixed charges
created
was
25,
25 American Oil Engineering Corp., common
($10 pari ; 10 Armour & Co., common ($5 par)——
railway™—
from
Net
Net
Drl39,810
$714,157
Income
Co.
dated Aug.
par);
411,354
Drl5,512
income-
oper.
20
railway——
from
Gross
$5,144,088
71.305
Equipment rents —
Jt. facil. rents (net)—
ry.
$554,295 $10,422,342
220,000
4,094,000
286,000
—i
Net
$2,015,876 $27,919,786 $20,804,223
1,461,581
17,497,444
13,340,135
$2,518,284
1,586,943
Operating
1942—11 Mos.—1941
1942-^Month—1941
revenue-
oper,
Ford
November-
Ry,—Earnings-
expenses—
revenues
oper.
700
2144.
p.
Period End. NOV: 30—^
♦Total
B.
specialized cleaning
$225
—
15
500
Inc.,
Yazoo &
Operating
J.
(nanufacturer of
for
note
Carver, Jr. and signed by John H.
Milton
,
52
3 lot
3 lot
Wallace—7 lot
Bradley Co., pfd, ($100 par); 5 Associated Gas
& Electric Co., pfd.; 20 Starrett Corp., com, v.t.c.
($1 par)
—
131 lot
Beverly National Bank, Beverly, Mass, .($100 par)
ISOVa
Fred T, Ley & Co., Inc. ($1 pari
26 lot
Neponset Hills Realty Trust, ctf. beneficial interest—
500 lot
La Rose Mines; Ltd. ($1' par)';'*50 Davis' Daly Copper *
Co.
($10 par.); 5 Utah Consolidated Mining Co. ($5
change in
large
.
Boston
10
materials.
management.
1941, $493,554.—V.
•»
.
United States Electric Power .Corp., W. W, temp. ctf.
Insurance Exchange Building, Inc., pfd,; llVSi
Boston Insurance Exchange Building, Inc., com, B—
v
the consolidation, Mr, Ford said it will entail no
ownership nor will any new personnel be Included in the
It is being effected, he said, solely In the interest of
more efficient operation
and distribution.
E.. M. Ford,
previously Vice-President and Treasurer of Michigan
Alkali Co., will occupy the post of President, while F> S. Ford and
W. F. Torrey have been elected Vice-Presidents of the new corporation,
and Ford
Ballantyne as. Secretary and Treasurer,.
Othet. officials
chosen were S. Ti Orr, Vice-President in charge of manufacturing;
I. H. Taylor, Vice-President in charge of sales; G. H. Schwarz, Con¬
troller; C. B. Robinson, Vice-President in charge of sales for the
Ford
division, and Bert, Cremers, Vice-President in charge of sales
for the Michigan Alkali division.
'
The directors of Wyandotte Chemicals Corp. are:
John B. F. Bacon,
Ford Ballantyne,
E. M, Ford, F. S. Ford, J. B. Ford Jr., Milton
Knight, W. W. Knight, G. P. MacNichol Jr., J. B. Schlotraan and
W. F. Torrey.
7'y •.
The sales departments, of both companies will
temporarily main¬
tain their separate
identities as divisions of Wyandotte Chemicals
Corp.
The J. B, Ford division will cover .dairies, laundries, bottlers,,
metal cleaners,
hospitals, institutions, brewers, railroads and other,
industries not specifically assigned
to the Michigan Alkali divlson,.
and will continue to promote the sale of Wyandotte Cleanser for home
use.
The Michigan Alkali division will be responsible
for sales in
the glass, soap, paper, chemicals (carload lots), flour mill, rayon, oil
refinery,
synthetic rubber, steel, aluminum, coal mine and public
highway industries.
The Michigan Alkali Co., one of the largest producers of soda ash,
caustic soda, chlorine, dry ice, calcium carbonate, bicarbonate of soda
and other chemicals used in virtually all industries, was established
In
$ Per share
.
5s, Jan,, 1978, coup. July,
1932 and sub. 6n;
manufacturers of specialized cleaning
Interest
.*
National Electric PowerCc„
$1,000
Company-7-
cessor
1941
1942
Months Ended Nov. 30—
Shares
Wyandotte Chemicals Corp., Wyandotte, Mich.—Suc¬
Washington Gas Light Co. (& Subs.)—Earnings—
12
Monday, January 11, 1943
.527340"
.527340"
.
.658300"
.658300"
.527340"
.527340"
@FedFRASER