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□Ar. •(IS. ADD. LIBRARY i 1942" - TUESDAY Volume 155 New Number 4032 York, N. Y., Tuesday, January 13, 1942 Stock and Bond Sales DAILY MOTICE—Cash and deferred furnish WEEKLY on sj" Jan. Jan. 5 Daily Record of U. S. Bond Prices 4 Jan. 7 Jan. 8 a Daily Record of U. S. Bond Prices 115.28 115.31 115.29 .... 115.28 115.31 43 ..... 115.28 I Treasury — (Close *-w 108.25 108.25 .... - 108.25 108.25 Total sales in $1,000 units... — 104.10 104 104.10 104.9 13 * - 105.9 - — ± m 108.10 ^ ?) : - - - ^ - - - » - -- {Low. 104.14 (Close 1 1 104.14 104.14 1 2s, 1947 _ Stocks, Bond Bonds Bonds {Low. - - - - 654,890 Total Erchange 2s, 1951-55 110.4 2s. 1953-55 110.2 2 — - — , i arm Mortgage, Low. 106 7 : 1 (Close J Low. Total sales in $1,000 units.... 108.17 1 .. . . 3s, 1942-47 Below as Low. „i $1,084,000 4,942,000 56,034,000 375,359,000 $59,349,000 53,737,000 the are 1 daily closing bonds listed stocks an-1 (Hign .... 109.8 .... 109.8 ,.. 2Mb, 1942-47- ssl(e 104.20 104.20 Total sales in $1,000 units... (High 2X8, 1942-44 (Close v\ ; LOW:. Close I • — - ♦ Close - - 106 106 t 106.9 a"- Rails ties - - Bonds 27.15 38.27 105.05 91.54 50.53 108.06 27.44 14.92 38.52 105.10 92.00 51.01 108.27 89.11 113.99 27.27 14.94 38.42 105.28 92.33 50,70 108.49 89.20 14.70 Close — 113.13 27.51 11.81 92.51 51.65 108.43 83.49 111.55 27.31 14.51 37.78 105.47 92.59 52.11 108.36 80.64 111.02 27.74 14.60 37.80 105.40 92.86 52.76 108.17 89.80 38.28 105.35 NEW YORK BOND RECORD Friday Week's BONDS Last N. Y. STOCK EXCHANGE Sale Range or Friday's 1 Cash sale. t Deferred delivery sale. above table includes only Transactions in registered bonds sale of coupon Week Ended Jan. 9 |'E NQ, Price -- NEW YORK STOCK RECORD .1947-1952 1944-1951 Treasury 3MS------—--1046 1956 Treasury 3Ms ..1943-1947 Treasury 3 Ms 1943-1945 Treasury 3Ms 1944-1946 Treasury 3 Ms 1946-1949 Treasury 3 Ms 1649-1952 Treasury 3s 1946-1948 Treasury 3s ....1951-1955 - Saturday Jan. 3 Monday Jan. 5 Tuesday I per share $ per share . Jan. 6 Wednesday „ Thursday Jan. 7 Jan. 8 % per share $ per share . the Friday Jan. 9 Range for Year 1941 On Basis oflOQ-Share Lots EXCHANGE Range for Previous Year 1940 115.31 115.28 116.2 J D 108.25 108.25 108.27 M Week Lowest Lowest Highest $ per share $ per share Range for Year 1941 D Highest 104.6 105.12 el05.9 D 107.26 107.26 S 110.22 110.22 --. .1948-1951 M 109.21 110.4 S 106.7 106.7 S 110.7 44 1 115.7 103.30107.25 103.30108.0 12 105 108.8 109.9 112.12 110.13114.9 "_5 107.21111.21 9 110.4 *107.18107.27 110.2 High 115.28121.26 7 108.12 113.18 *110.19110.28 Treasury 2Xa ... el05.12 el0S.10el08.10 D .1945-1947 M — 104.12 D .1955-1960 M S Treisury 2Ms— 81 *103.27104.4 O O No. Low *110.11110.20' S J Treasury 2Ms. Treasury 2Ms $ per share High O . STOCKS NEW YORK STOCKS la Asked .4 ~ for & Low U. S. Government Sales Bid were: No sales. - SALE PRICES 88.80 8-- Jan. Treasury 4s HIGH 113.9 11 107 14112.13 1 105 .30109.24 * 48 48 4884 49 108si6108^4 *108&ul09 *36 39 *47 48*8 7»s *18 39 *46 7% 4712 7% 7% 21 *18 *11% Ho?! 37% 3734 12 *1,1 .. 46i2 ■ ,'2 *57 2 60 61 % 5% 5 5 v5 15 15 7% 20% *1114 37% *i4 38li 37% *14 61 lli2 48% 40 47 47 7 *47% 7% 678 page 178,. 434 200 2,400 Acme Steel Co. .....25 43% Dec 10 Adams -No par 5% Apr 22 xl7% Dec 24 Express. 11 "17666 Address-Muitigr 36% 37% 12.000 Air Reduction Inc 38 % 3,500 Air Way Ei Appliance.-No par 10 Ala & Vlcksburg Ry Co...100 5,800 Alaska Juneau Gold Min.*.10 87 15 49% 7 20% % *65 *19 80 80 2 2% 8Tf 11 *62 2% * 15% 5% *5 *14% 5% /' No par Albany & Susq RR Co....100 No par 9% Dec 29 34% Nov 29 X Dec 22 73 Sept 9 1% Dec 29 85 Dec 30 % "moo 6.500 5 M % Pf A with $30 war. 100 3% Dec 10 2,500 5M% Pf A without war. 100 $2.50 prior conv pref.No par 3% Dec 10 11% Dec 27 5% '•><-5% 15% No par Corp 10 5% * 67g S16 5% 5% Adams-Mlllls Corp 87 84 Sli Deo29 11% 2 151- Dec 12 34 37% 2 *14 Feb 21 108 % 2 5 46 4M% conv preferred 100 Abraham & Straus No par 36% 2 5% Abbott Laboratories..-No par 20 % 11%' *62 5 700 40 37% 80 87. • 20% *62 1% *36 Par *18% 11% 61 5 see 49% 49i4 *49 49% *108% 109 *103% 109 *36 7% . For footnotes 39 *18% *lli4 -% 5% 15 5% 48% 109 *47 2i8 % 5% *39 21 87 - 48.% *103% 39 46i2 7t4 7 3818 *V 49 *18 11%. 115s 2 2 *36 21 37% 65 *57 49 108% 108 *37 Shares *1434 5% 18 400 Allegheny Corp ig Dec 10 55% Sept 20 Sept 25 54%Sept 23 51% Jan 6 8% Dec 5 24% Aug 6 15% Jan 3 124 45 July 28 % Jan 14 75 Aug 9 $ per share $ per share 107 11110.9 "5 49% Dec 101 May 30 May 347g 4% 16% 12% 36% May June June June May % May 70% *"eb 108.17 .1956-1659 M S 109.8 109.15 Treasury 2 Ms share 108.17 Treasury 2 Ms. S per - 40 Raits 111.22 Treasury 4Ms I w--,- Total trials Jan. 9— 5: " - Ocfd-lot sales, bonds. 106.9 . , Utili¬ Stocks 113.75 Jan. 7 101.1 Total sales In 11,000 units... Noie—The 106*9" 10 - Grade - Total sales in $1,000 units... Second Grade ...... Low. 10 ■First - Indus¬ (High {Low. IMS, 1-945-47 Total sales in $1,000 units... ties •10 65 Jan. 5— Total sales in $1,000 units... High Total Jan. 3— 101.1 (Close .\ roads - Utili¬ Jan. 6. 1 101.1 {Low. i-.-.v- {Low. Total sales in $1,000 units... Rail- 104.20 (Close J5 - Indus¬ (High {Low. .... (High "20 "30 Dan trials 38. series A, 1944-52 — io Close ...i. ' LOW AND of representative Stocu: Exchange i Bonds Stocks Total sales in $1,000 units... ■ Home Owners'Loan Total sales in $1,000 units... ^ork Low. 109.15 _ (High {Low. (Close 106 averages the New on (High V , 109.15 5 ---- 109.15 ... 109.8 Low. $8S,485,000 compiled by Dow, Jones & Co.: Total sales in $1,000 units—„ ■ (Close 82,459,000 , (Close 5 $375,000 2,880,000 Stock and Bond Averages 104.23 104.23 108.17 4,921,210 3098,000 3,920,000 70,741,030 5 104.23 Close . 1941 4,438,400 $53,731,009 • Total sales in *1,000 units... 108". 17 • 1942 3,887,800 $344,001 Total - ' High $53,731,000 Jan. 1 to Jan. 9 1941 2,650,003 Railroad & industrial.. (High 3M8. 1944-64 •--- 3s, 1944-49 High 8344,000 8,212,000 3,856,189 Foreign Total sales in $1,000 units... Federal ■ , Total sales in $1,000 units... 13,703,000 •. 1942 U. S. Government Hign ■- 53,000 BondL-j Low. (Close ... v — 106.7 ---- -• 451,000 ' ' Stocks—No. of sharcs. (Hign 110.2 ---- 106.7 —Close 32,650,000 11.029,000 New York Stock ---- Total sales in $1,000 units... 350,737,000 7,703,000 551,000 49,000 27.003 Week Ended Jan. 9 (Cljse — • (High {Low. 381,000 532,530 {Low. •— ----- .... 35,000 117,000 7,571,000 481,000 7,779,000 10,451.000 13,196.000 Total sales in $1,000 units... 110.22 - - .... 433,000 7,165,039 (High . 103.27 ','i 7,103,000 629,570 1 - - 55,453,000 ^ 110.22 110.22 ---v - 360,000 Total sales in $1,000 units... - 110.22 --- - 3350,000 3.856,180 Wednesday Thursday (Close —— —- 109.27 - 35,013,000 Tuesday....— {Low. 2s, Dee. 1948-50 . " 109 109 Sales 516,810 720,520 831.860 (High .. 109.27 Total sales in $1,000 units... • Government Bonds Friday...,.— 109 (High {Low. (Close 2MB.1948 Total Foreign 8 Total sales in $1,000 units... "2MB. 1945.—— United States and Miscell. Saturday Monday (Close (High {Low. (Close ' 9, 1942 Jan. Railroad Number of Shares Week Ended 110.22 Total sales in $1,000 units... 2^8,1949-53-. 105.10 — Exchange Daily, Weekly and Yearly Total sales in $1,000 units... 110.22 - - •-(High {Low. (Close 2MB. 1960-65- 105.10 (Close ^ m Transactions at the New York Stock 1 Low. Total sales in $1,000 units... .... 14 104.31 (High ^ 15 105.10 Total sales in $1,000 units. f 107.26 - - (Close . 6 2^8,1954-56 4 - 5 {Low. 2X8, 1958-63.. 104.31 104.27 105.12 5 107.26 -aw- Total sales in $1,000 units... ... 100.5 19 104.27 107.26 (High 2X8,1956-59.. 100.4 33 (High (High 2Ms.1951-54- 100.4 Low. 2s. March 1948-1950 (Close • 105.12 "fr" {Low. V 100.3 31 (High *1 Total sales in $1,000 units • 100.4 Close 105.12 108.10 (C108C * 100.3 104.31 , 108.10 {Low. •'' 100.5 104.27 — - 105.11 3 V • tj,' 105.11 Total sales in $1,000 units... — 100.7 100.4 Total sales in $1,000 units... « 105.11 105.9 ---- (High 2X8, 1948-51.. 100.4 100.1 23 2X8, 1951-53 - . 105.9 : (High '...{Low (Close 2X8, 1945-47.- 100.4 100.3 High 104.12 6 - Total sales in $1,000 units... 1955-60-. 100.6 100.2 Close 104.12 104.10 --- 104. Total sales in $1,000 units... 2 Ma, 100.5 100.2 Total sales in $1,000 units... (High {Low. (Close ' 100.3 (Low. .... 104 Out-of-Town Listed Markets 1 (High Total sales in $1,000 units... 3s. 1951-55-... 102.19 Exchange 102.19 (Close Total sales in $1,000 units... (High {Low. (Close ,3s. 1946-48.... New York Curb 102.19 {Low. 7W 2 Ms 1967-72 (Close 3118,1949-52-. Q U OTATI 0 N S (High Total sales in $1,000 units... ~ Corporation News Low. 2Mb, 1956-58 {Low. City News Close 3 2Ms, 1952-54 .... (High State and Jan. 9 3 .... w- Total sales In $1,000 units... 1946-49-. Jan. 8 (High (High 3 Ms, Jan. 7 Jan. 6 106.18 .. 108.25 • • {Low. (Close .. yeai Also In This Issue 106.18 Total sales in $1,000 units. 5 W- - Total sales In $1,000 units... Ms.1944-46-'. the 106.18 ,4 - (Close 3 Jan. 5 {Low. 2Ms, 1950-52 (High —.{Low. 1943-45.. Jan. 3 (High 108.27 ' _ Total sales In $1,000 units... 3 Ms. for range 1 ........ 115.29 ■ 3*/s8, 1943-47.. the point. 115.31 115.2S (High {Low. (Close 3Ms, 1946-56.. computing the New York Stock Exchange Jan. 9 116.2 116.2 Total sales in $1,000 units... 4s. 1944-54.... 32d of one or more Jan. 6 115.28 [High •{Low. (Close Ms. 1947-52.. In a Figures after decimal point represent T roasui> Exchange No account Is taken of saeh sales daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds on the New York Stock Exchange during the current week. we Copy a YEARLY - delivery sales are disregarded In the day's range, unless they are the only transactions of the day. U. S. Government Securities Below New York Stock «» - Price 60 Cents .1958-1963 J D *109.14109.23 106 31111.21 .1960-1965 J D *110.11110.20 107 8 —1945 J D *105.24106.1 105 10108.14 *106.30107.7 107 16109.22 Treasury 2 Ms Feb Treasury 2 Ms Treasury 2Ms_"..... 60 Api Nov 9 46% 27% - Treasury 2Ms.Treasury 2Ms... 60 May 77 Mar Treasury 2 Ms * Treasury 2 Ms 4 May 7 Jan Treasury 2Ms 99% Aug % Jan 8 100 Dec 100 Jan Treasury 2s.. 6 % June 534 Junb 4% May 1% Jan 14% Dec Treasury 2s._...Mar 12% Jan Treasury 2s. 7 24 Deo Treasury 2s May Treasury 2s. .1948 M .1949-1953 J Treasury 2M3— Treasury 2Ms.-.- Apr 19% Jan 68% Jan 7$ Mar 4 10% Jan 9 9% Aug 27 21% Apr 3 D 107 2 110.22 6 107 1 111.18 112.24 Jan 147 Jan 5 .1951-1954 J Dec S 1947 J 15 1948-1950 M 15 1948-1950 J 1951-1955 J .1953-1955 J For footnotes see page 179. 106 D 105 2 108.9 106.18 105. 118.18 *104.2 104.11 102. 106.16 102.19 100.5 106.9 106.18 D 1950-1952 M S .1952-1954 M S 1956-1958 M S 1967-1972 M 8 ...1951-1953 J D 1954-1956 J D 102.19 102 105.9 100.1 100.7 104.27 104.31 .5 7 103. 106.27 105.10 105.10 1 103. .5 107.4 104.14 104.14 1 104..7 106.28 1 135 100 103.16 S *101.14101.23 100 .24104.4 D *104.16104.25 104 .2 D *100.3 D *103.28104.5 100.9 ...1100 .6 106.21 100.9 .—'101 .24106.7 V THE COMMERCIAL & FINANCIAL CHRONICLE 170 Tuesday, January 13, 1942 NEW YORK BOND RECORD NEW YORK STOCK RECORD LOW STOCKS Sales SALE PRICES HIGH A NO NEW YORK for 1 Monday Saturday 13%, 29% 18 29% 18% 7v 7a 53% *20% 4784 *3018 63 53 890 Amoral? Petrol Corp..W9 par *20 21 *20 21 100 31 31 39% *126 128 1% 1% 63 155 '62V 61% 18% *15 5% 5% 8% *7% 18% 95 13V 18V 18V *94% 95 *04 *5 6'2 *5 1-84 *1% *1% 20V 2 18% 18V *17 *31% 4584 *1V 1% 26% 3V 6% *24% 3V *3% *24% 3V 3% *3 7 *3% 86 85% 10% !0% 10 10V 10 26 V >V< 24% 55% 165 11 20 20 4V 32 31V 2% 8% 45% 44V 1% 7'4 32 1 VI 8% 7V 41% 7 3V 7v 31% 31% *4 4% 21V % 05 95 98% *19 18% 18% 130% 1321 48% 47% *142 4% 26% 133 47' 48 4V V 3% 26 V V % *65% 4V 74 •'• 48V 48% 145 *142 28% 4V 29% 3V 3 75 *86% 73% 73% 4% 4% 21. 17 4% 4% 49% *45 28% 29V 17 28% *17 *111% *45 28% 27 30-, 29V 18% 17V 111% ... 34 34 *110 112 33% "110 8% 4 63% 64 *55 22V 34 *3% 7 3% 4 *55 23% ?% 334 *, 61® 66 25 24% *3% • 3% . 3% 3% 90 634 7% S ' 6S4 * 6V *75 79% *76 79% *76'® 85 *70% 87 *20 21 *20 21 *76% ♦20V- 81V 28% 62% 83 84Vi 82% 83% 290® 30 29! 30% 60% 6.0'?. 62 63 23% 24% 23 V 24 *^3 43 21% *106 3-5 49% 22 75 5% 16% 27% 29% *27% 4 9V *1 ...—25 3V 3% 66 5% preferred -25% 7:' \ '• •• '*■ 7'i;: (n *83 85 23% 7ft *113 121 *113 121 49 *113 9 *3% 8% *!V 2% 2% 221® *21 4 3% 49 49% 70% *37% 8% 2% 69 *114 121 - 118 *21® 9 *2V 2% *21 4% 4 22 41, — T> J 73V Jan 3 5% 0V 4'® 25 2 7 135 4% 25 9V 9V 5% 5'® *26 8% 17»4 2834 91® 18 *19% "19 23 *21% 104 104 14'4 3% 3% 3% 3 6 6% 6 6V 4% 9 27 ♦74 1 *76 ' 10% Oct ■' 03% -, 5 40% July 29 103 23 Mav Jan 2 Dec 62 62% 63 23 23V 23V 28% * * 63V 24% 34% 33 33% 46 45 45 21% -G21 21V 110 *107 s Feb 14 8- 2*4 De 26 8'* 8'® 3% 9 4 Apr 33 >8 Sept 24 ♦■iecureds f 10 3 20 72 29 Id 18 Corp. —— W0 91*4 63% Juu 0% Nov May 3 12% 6% 1st preferred...—100 "7% 2d preferred; 2 0(T Assoc investment 41% ■ — _10J Oo.Wo par 4 • May 35 • May 68% Jan May 22 of)—: 8 , 5% preferred—........100 1,700 8,900 Atlantic Refi ling—... ,,.25 - 3% May Jau a 4% May • 05 5 40% May . Jan . . All 14 2 96% Mar 12 31% July 22 53% Die JO 13% Feb 14 70V May 8 28% Jyly, 22 ; 13 Der- Mar V'v' 25'4 , Dec 23% - Jau 64% 39% May G 9% May " Jan ' V *• ; « '' 8'g June 7 9% Junp 22% 6 18% May aee • - ♦6s 1961 Apr •Chinese (Hukuang Ry) 5s.-.—1951 ^♦Cjljg.ie (City) Germany 6 4s.'50 Apr 22 Feb 14 Corp Ni par 6 —Wo par $5 prior A— Wj par '20 lVMay 13 30,600 Aviation Corp of Del (Tne)—3 May 3 6 2% Apr 17 121 Oit 27 9V July 28 3% Oit 8 25% Oct 8 6V Jan 6 19V „ 31% 27% 117 *1«4 For footnotes 28 3 •$« *27% 6% 6 6% 4V 25V 27 9% 5% 28V 5% 27% 5 4% 25V 9V 27% *9 9V 9V - 17% 17% 19V *25 *112 lU® 24 ■ .... 28 1-16% 7'® 3"»% 31'| 31% 19 19 *22 24 22V 31 *10 2V *24 ♦102V 29 *24 - 9V 47 • *19 *18V -19% 22V -9*4 *5V 10V 47% *22 27V • 5% *9% 23 - *10IV 31 -'14% ■3% 3% 17% *102% page 14 14V 54% *6% *13* aee 9% * 3% 18% 7% *13 31% 9% 6% 5 14 »V 11V 23 6 *4V 14% 3% • ;4 10,700 Baldwin Loco Works v t c.,13 19G00 Baltimore & Ohio—. 6% 11,100 5V 29% 9V 5% 29 10V 17% 3">V 33- 38% 3'% 4% preferred . loo Conv 5% preferred.....100 GOO Barker Brothers.—4Vo par 110 54^% preferred.!........50 20,800 Barsndall Oil Co.!..... 102 June 111 7 May Colombia (Republic of)®♦6s of 1928...Oct .19% Mai May 4 Dec t- 124*4 112% June Jau 10 May 32% Mar 4 Aug 8% Jau 38. Creamery Ran/ft- Cre8k Rtt..c_. 50 Packing Co....20 4v4n*1-Vt— . ; 0 3% May 34 July 25 Anr 23 12*4 Sept 12 5% Dec 29 27% Dec 19 9% July 31 35 Sept 18 4 054 ,. . 17V Dec 20 20 Die 15 101% Dec 9 28% Fib 17 108 June 25 6% Dec 24 par 10V Jan 14 -A •» ; 1024 994 • 764 964 76 4 954- 964 24 4V Dec 14% 52% 8% May May 8*s Jau 20 May 30% 10 I > 134 7 :134 M G34-( ,134 134 134 22 ..... 13 O O 134 . 134 • *134 •—— , Jau .,*l34v 134 31*8 Mar 24 20% May .18% May ,105 May - 29% May 36-V 35V. 412% 32% Apr Apr 164 9 ,., *134' ^--134 134 134 •*■—.w'i.*134r;"-®:--« ■30 14 134 13 13 4'^134 84, 154 9 j ■• IF-i i> .4-0 13 'A-,..- 124," 134 13 3 13 •■ 124 .134 *104. .17 *114 ; ■ 154 84 94 « 144 154" • *■ , 84: 14 4 v 134: ■84 i'2" •«r.sl D 154 8 4« 144 ,104 -»«4, 144 ...... 114 154] 144 " v.;134 •Vf,N " 10 ;■)*• GGJ3® J2•'a, Vf N If 94 9 13 • -,.• • .- 84 5 1.3 134 1.0 7 *>j ■ :.!. 164': 154 94 '» ;„134 154 .. 114 3 18 r d ■ 104' 164 134 "134 164 16 4,. 104 84 - 154 104' 164 ...... : 154 154 9 - "72 14 , 16-4 10 ■ti .-'ii- 134 164 '■*84' 84 - '14. 264 6 b : d •»'' O 4 ® V to 30' 434 -434 ,354 224 28 30 .28 ■324 30 *25 MW ■ 41 39 "314 *, 404 394 O it •<•., ' ■--- — 22 4 254 254 ir .1953 gul,l 4 4s '' A J 1) 24 "17 "224 1444 J If 100 D 5 4s...June 30 1445 J ♦Chechoslovakia (Rep of) 8s..: 1951 ♦olaklag fuud 8s B._ 4 1004 11 794 690 - 75 101'- 1094 101 : O 15 1952 AO •8 1 . 1094 106 194 103 *4. 100 1024 794 J 98 114 13 1034 1024 A 38 38 72 98 97 *114 *1024 D ser A.... 1949 38 4 214 974 b 404 154 22 4 4 28 18 24 184 A was 29 224 *25 i?N >' External 5s of 1914 . 101 1044 - 1014 96 494 84 *14 15 78 994 1044 73 ff 106 84 234 234 Dec 27% July 22 14 X; "104 If .81 ikl ig fund 5 4s Dec 13*8 25% 24-264 ,, :*134,.,--G134 134 134 vi 25 9 ♦Public Apr 4 264 14 Exteraalluan 44s......... 1949 F 1977 J 44s exter.ial debt.... Jan 15 1953 ./ Jau 10v , Jau Dec 24 6 ■>:•:. i.' ♦Cnsta Rica (Rep of) 7a.._:_. LJ51 UN Jau 24% 94, 5 4 1 23 4 .....1952 Cuba (Republic) 5s of 1404 Jau a Doc 106 Oct, 14 32 Apr 28 126 Jan 10 8%July 29 17 Oct 7 7% Jum 23% -102 May *-7%June ' 10 No* , 127 i-;. . Apr Oct Jafi -t D ■ -??? <*. •• V -r ,• -07« Apr External gold &4s_ . 1955 Y7ith declaration 4 Fa !_s—j, Exteraal g 44s.....Apr 15 1962 67% Apr -®-W4th decluHtlnn. 'For * ner Denmark 20:year extl 08...—.1942 J. With deoliration--— L 4 ~ 178. 09 99 J With declaration Apr 8 10% July 22 25 Belding-Hemiagway...AG Belgian Nat Rys part pref. "~3V*9 2*4 *iay 24% Mar 17 $5 preferred w w—..Wo par Baeoh-Nut 794 100 92 -'994 1901 Jt 3 s Copeihagen (City) 5s 19% May 12*8 May 7 >8 Fib 19 600 Bayuk Cigars Inc.—..Wo par B83Ch 00 X 'o 1901 A ♦linking fu id 7s of 1926....1.446 ♦.jinking fu id 7s of 1927 1447 6'j Mar 2 Jnn 13% Dee 10 400 Beatrice 31 89 *934 •, f S bauds 1970 •Columbia Mtge Bank 04s.— 1947 8u Mar May Feb 1% o%July 31 8% July 31 12*4 Sept 12 5 19% 200 7 19 ..1 3,300 Bath Irou Works Corp 23 —— 10V Dec- 9 2% Dec 10 3V Dec 10 3% Dec 9 18% Dee 22 1,300'Barbor Asphalt Corp......10 110 V 116% *110V 1T5V *110*4. Ill's -*6V 7'4 *3V 7% *6V - -7% *13 *13 *13 33'® 10J 1GOO Bangor & Aro,)3took.—....50 1,130 97 99 4 With deelarutiou. 3% 4 106 4 1014 934 ' 111 Atlas Tack 300 Austin Nichols 1962 27% May 5% conv preferred—— ..100 """600 88 1064 1014 J 1957 ./rr 1957 ■f D .viwu:*. 1961 ited.- •6? of 1927 9 484 G:2. 1054 1054 ,1942-MW 1961 a«se ubyl..—: : ,3s.exteraal 6% Feb 14 9 7% July 10 67 324 6 48 8 -♦Chilean Cons Munlc 7sl...... i960 M 7T ♦•7s asseatied——•. : -I960 M X Feb 111% Sept 47 6'2 4 84 22%-Apr. Nov ♦eVs 51 May 29 634 644 48 :"-'■ - 107 034 40 ,? ;g/ 'fGiiar slak fund 0s. 80% May 100 54 87 Jt-1 I960 1961 *0s assented... •♦Guar si ik fund 6.S...OC.. 1962 100% Mar May •'- -®» -, 28% Dec 56 45 * 61 .... I960 A *6 4« a^se ited— ♦di ik fwid 64s .if 1926 - 45% Oit 21 74 45 3d 624 , 0 2 .1942 M W . - 57 4 . •Chile Mtge B ank 04s. - Dec -45 2 6 02 01 .4 .1967 J- ..;2'.v.- ♦dsassented..—.........-1903 V • Jan . .05 20% Jam 82 May 19%June 70 594 60 • • July , 84 Aug 6 16% Jan 77 . 68 61 . Apr 1 351# J in 23 13% Feb 15 704 56 J FA assented..:.l;:'.Feb 196 l-F A ♦Ry«xtls f 6s..—...i.Jail 1901 J"J ♦bsa seiited... :Jan 1981 ./ 43 <4 Jum 3% J -"-•♦Extl slaking fund 6s—Hept 1961 M *68 assented:.-.'...—Sept 1961 M ♦External slaking'fund 6s,-._. 1962 A *da assented-...'..::.'!"—! :1962 A ^.♦External stsklag fuad 6s-—..1963 |/ Apr , 9 > 8) r 7 62 4 a o .1952 M N seated——— 72V Jun 4 S .♦08 Apr 9% - 102 96% Dec 29 Jin 204 214 70 4 164 51 4 61 4 *70 AExtl staking fund 6s..Feb 196,1 51% Noy 21 22 If ♦External slaking fund 6s -I960 ,4 '♦6s ,y,: Apr U , Dee 29 18 20 2 4S--..-1060 coupon oa.>. ♦/# a-seated... - Apr „ 43*4 76 , 500 Atl G & W I S3 Lines.--—I Jan 10 102% Aug 15 4 2<* ,, 26 4 204 v Chile (Rep)—Extl s f 7s.. - Dec 04% ,08 _ 6% May 01% Ost 24 Sept 154 '54 - Apr 111% 7% :97% June 3an 10 9V8ept' 8 88 17 4 17 • 57 -I960 ♦Os July coupon bn.i.i..♦Firm Loan s f 6s...Oct 15» 1960 "- 35% Fell June 23 17. 40 V Sept 18 Dec 19 0 .. 70 05 May 16 -22 22 53 05 '- Ap- 4% 1*4 June Sept 18 : 6*4 20 D 954 61 2% S -95% 47'® Feb 14 2% D J ♦os Oct *'v'.;8:May G15% Nov 20, 510 11,300 5% preferred^--—-..—100 11,200 Atlaiitic Coast Line RR—.100 9 26426 - 40 24-4 2?4 .184 t*Oent Agrio Bank (2er> 7s.. -19.30 M jv g ♦f irm liOau s f 6s..July -15 1960 j j 22 >8 Mar 113% Aug 12% May June 34% 78 5% preferred ...—100 22.800 Atch Topeka & Santa Fe.. 10,1 ■ Di? 754 34 30-year 3s.........."•— -.J ,1968 MW *G irlsbad (City)Ks. .19641,/ -j Jan 7 Dii'23 5*8 26 . *58 7s..........,..1967 3t9-yeir 3s..— 100 Atlas Powder.........Wo par - D 264 154 A f 10-yeir 24s„.........Ui .1945 F .1961 J 25-ye ir 3 43 .1944 J 7-velr 248-- 69 *113% 113 9 *3% I - 48 4 3 !.° 1959 T D .196 Canada (Dom of) 30-yr Oct "107 8714 Dec 18 "884 * "27 "85" 'LDf ... Apr " par 434 434 Mat 175% Mar 89% Apr Dor Dec May " i 934 75 V 95 90,' 404 * 85 ' "83" — -v- 26 . Hen 49 2V - - 27 4l 43 4 43 4 1,2 .884 ♦Stabilization loan 74s. —1968 M N 49 6% 8 16 86 14 With di^ iratlon Jau 9 112%S(spt':8 5% Jan''25 70 V Sbpt39 84 54- ■ 62 June 20 !'2%J.U)17 Fib 20 77.;, 72 ' 3% 54 Feu 93 , 17% 23 to ■ „ 54'4- Uto! May G 32 Apr 35 '*'18 J2%VJafi: 50 4 44 -,- 59 A •> 101% Apr 83% JumApr 0 May ...12 61*8' Dee 25% May 8% Nov. 4% May ,17 V Sept 11 Dec 10 *4 Dec .21 ?0 ■ T 21 .6 b-:. /. 554 •■•■ -■ Jau ll-* 5% May July 22 115% Oct 52 4- -u .... 35% July 29 Dec 10 61,4 53,4 •"474 4. 584 ' 764' 76 50 774 58 4 ■ 56V Jjiy 11 30 54 904 *66 103 6% 6T "113% 118 *21 Jan 46% May 13 AO 4 1«4 - 8l'43t;pt 18 21% Fib 14 11 „ 564 ' 99'#. Jau U 8% Aug 8 24 , 2 >8 17V Jan 10 51 12() 70 4 •604 External s f .44-448:.—■^-1977 1/ S Refunding s f 4%-4 4»---- -1976 F A Ester.ial readj 44 44s_—..I )76 4 O Eiternal s f 44-4Vs. 1075 1/N 3% extenals f « bo ids.....1984 J J f Bulgaria (Ki igd mi of)— Feb 110*4 Aug 2ft 64V Dei 29 3 2 Dec 10 c par - ♦3s stamped....s ......^..196i 29% Aug' 4 Sept 11 •- .y f 6 4s—.1950 s Buenos Aires (Prov Dec 33 May 68V 130 9 Jan May 00% -9| —' .'4. itlon. itlon—.- WttJi deelir atlon....-.i.-—^ 4% conv pref series A.—100 5 2,400 Atlas Corp..n..— 900 6% preferred...........59 49 ■ *67% 21% *105 7 *6% *2V 7 11 145. 8 2% Dec 10 Aswoc^ted Dry Goods.... 83^ 30% 49 .74%-Jan Jpn 159 . ir Sinking fund gol:l 6s 152% VIay 12*4 May 70% Dnr G1V May 39V Aug 6 108*4 Jan .0 73% Jan 7 ir ^•-B id ipwrt (City of) 0s Apr 70 9% May y 84, 77 70 4 70 20 Dec 64 55% 19% Mav 13% Jan 14 65 76 4 09 59 Mar 41% ... Mav 40% Oer 130 Mav : F Brisbane 12*4 Mar #11*8 Feb 30V May 151% Jan 15 Di Her Mav 122, Jan 21 10 77 204 Jan 18% Nov 1 944 694 244 Jau 10% Jum 5V 2 78 70 ♦7s (Central Ry)... ..115.' / (City) s f 5s—....—.1957 V SI iking fund gold 5*..—-.-.1958 n> Jau 64 74% Nov ,45% July 28 Sript " Dec 10 33'® Dec - 9 7% preferred—100 — t !, 1G00 100 6V 78% 29 . 17% IS 23 *26 .... *27'® 9'® 3% 24% 5%5% *10284 no *112 3 )*- 4V 25 9% 27 1784 28 *13 4% 23% 13% ^ 6 -0V 117 .14% 9% *5% *25 734 4% 25 24 *112 *7 14 174 45 03 ♦Bnzil (U S of) external 88.-_.1941 r d ♦Exter tal s f 6 4» of 1926... 1957 A O ♦Extcr ml s f 6 4s pf 1927,^-1957. A o Jau 48V May Jan 13 •924 f 7s._—...:iG-...1955 s With (led 25-ye 14'® 274 .174 014 M W With deel iratlon Mar 5V •9% Mav 4 -1948 ♦External d iking- fa id 6-fc... 1968 Jau 26 May 28V May 4 V May 165% Aug 15 15% Jan 6 — — Cordoba (Prov) Argentina 7s.. 1942 J 14-V 11 14 Mai 34V May Jan 13 7V Jan 10 ,« B 3% ' 7 24 —■ *(♦Berlin (Germany) j 1U® nx f 0s.1955 s With deal External ' Mar 39 22% Sept 17 98 Sept 24 ' 22% 3% 49'® *06 1,600 Artloom 90 29% *44 49% 3*8 25 46V Jan 13 Feb 17 Armopr&Co(Del) >f7%gti-100 1108% Mar 8,30O Arm our & Co of Illinois.—i.;5 2V Dii 3,500] 15 cpnv prior pref—^No par i" 47% Jan ■' 7% preferreiu —..#V..ilOO 66J an 4,100 Armstrong Cork Co.—Wo par 20% Dac 300 Arnold Constable- Corp—...3 6% Dae 4 3V 81 *33 7 7 83% 22 109: External ... Jan 121 2 11% Apr 25 20 35 6% 64, *94 '■£ 24 . Wltli declvatioii. *' Jan 20u June 11% July 12 112 100 700 Archer1 Daniels Midl'd.Wo par 3V 20 45 7 114 12 114 O ' 25V 6V 21 " 41 70 * 77% '77% 21% 7 64 114 With deel ir itlou... — Belgium extl 6 4s............1949 M "i.: : ', Dec J'lly 3V Jan 13 110% June 30 ''' 83 109 74 74 11 B - 6'® 414s——'— 1[*Bivarta (Free State) 6 Vis...1945 Apr IV Mav 90 ,28% Jan 19 100'A P WPaper Co Inc..;...:.5 86 * 90 *76 110 57- 12V Mav 6 Dec ' Apr 4 26% Aug 30 Fib 19 200'Andes Copper Mifalng——.20 62-- - *6% 3% •- i"*6V *20 22% Vt' 11 11 "'vG'., . 3% 3% *33 *106 3*4, 62 > j 25V 20 ■ 79% 62 1958 With decl iratlon , Aug 14% 3V Dec 10 ' 2V 183 i 29V j 62% 28" '104 *10 — Jail '13% Mav Dec 10 #5 djv preferred ...—No par |rT 31 *55 85 23% 12% Sepl 41% May 6%Sept 17 Dec 10 1,000 Anchor Hock Glass Corp. 12.50 IV 33 V 63% *77'® 63% 104 104 "104 *104 *10 External g 4)^8 of 1918.....1956 t/Ns t*Austrt:in (lovt) s f 7s..-i—1057 1 J - 0 '8 10 9 xl43 23,900 Anaconda Copper Ml ling..50 430J Anaconda W & Gable—Wo par 7.L- *1 34% *34 *2B% 29 % 28 354 74 114 74 . -114 214 *104 Australia Com'we vlth 5».-—v,j-1955 J J External 5s of 1927. — .—1957 M ^ Mar 6 23 llVMay 27 Pre ferred. j—100 2,700 Amer Zinc Lead & Smelt—— I 15 prior conv pref.. —.—25 :~/9'Vrl IV -61V 6V 3% 35 June 3 121 115V Dec 26 43% Dec ~9 43% Dec 1,400 17 17 Wo par . 2,5001American Woolen.—. .Wo 4% 26% 28% 16% *55 90 Dor Mav 92 81 - 13,100 Am Water Wks & -Elec.AG par S3 1st preferred—... We par 49 *45 27% *75 83 f 7s 3d series. 1957 A 104 / Apr Apr 22*4 6% Dec 29 ..i,2% Common- class B '5001 -74% 4V 49 *27% 22 *4834 4 3% 74 4% 4% 26% 3% •■ 28 4 22 4 *16 ••jratioa... —....V: (National Government)— Apr 06% Mav 13 '6% preferred...a... 100 1G90- Am Type Fouidere Inc....10 4.600 American Viacose Corp.._;14 25% *5V 73 V 63' 6V 1% 8 8% Dec GO 20CH Utf", , *65% 5% *45 45 70 3% 800 Am Sum atra Tobacco 4V 3 75 5% 73% 31 *20 Mar 15V D3? 20,90d Amer Telep & Teleg Co-.109 145 25% 116 23 ; ie Apr A lav 54 131 par ..........-.100 Preferred 509 19 *4% 3% *65% 21% 49'® 22% Foundries..No 3,000 American Sugar Refining.. 100 . 97 48% 118 . 45 *69 *21 20% *141 4% 26 V 3 33% *4934 2% 143 64 4.5% y ■ 6V r38 May 18 155 600 American Stove Co....Wo par 8V *95% 48% > 118 31 3% :. 23 314 *254 O 80% May 10 20% Dec 26 ......100 6% preferred 7.599 lis , 1114 ' 38 Mar 13 500 American Stores......JVV par 49 V 47 7 9 70: 10,0 )0 Amer Steel 19% 10V 4G00 American Tobacco. *44 7 *1 ■■,■,' % ' *7 88 22% 22 2134 .*105!® 110 *8% 29 Snuff.;^25 48% 31 7 *684 141 800 American 33V *112 ) 2D4: *3% Mav 21 33% Dec 10 133" a_....;l00 Preferred:..... > 125 V 31 110 60 Amer Shin Bulldiaa; Co.Nr par 80Qj 19 4% 25% 28% 16% 0314 4 ... JAn Ja<> Jan Jan me 4% Dec 10 6 Dec 10 11,100 Amef Smelting & Refg.Afp par 48 9% * 40 6% 79'® • 50" 900.American Seatlni Co_.N» par 123 4% **55 *75 84'.i 7% 19% 27% 3% 64%" 64V 65 ;*3% 90 6% 9 100 300-Am9rioan Safety Razer_.l8.50 41% 33V 97 19 49 34 ■ 7 4)4% conv preferred 46% 1 47% 74 1% 34 3V 64% 23 155" ...... 2,390 125 V 130% 5% *8% 1% Jan t.- 16,700 American Rolll:i? Mill..—25 * 4 3V 23 9% ' 100 95 25 F S f ext conv loan 4 Mis — ....1071 UN 8 f extl conv loan 4s Feb 1972 F A S f extl conv loan 4s Apr ...1972 A O ., Apr 13V Jan -20"4 Di; 27 17% Dec 10 3V Dec17 29,700 Am Rad & Stand San'y.ATo par 10 Preferred 100 112% *110% 112'® *110% 112% "110% 112% *110 8112% 64 51 *55 *1 6% 2% 28V 7% 24V 3 ; Mav 17% Jari 10 23V J an 24 •% Dec 27 7,090 Ainer PoweT & Ltjht.*..AT; par V 34 19% *112 *3% 1% 33% 111* 6% preferred.. ;s 100 170-American News Co—iNr par • 9V ♦1 1% > 20 ! %9,5* 75 28V *19% 17 3% Jum 23 8 59 2'g Feb 15 15% A V 24 350 5% *33 8' *7% I 3% 2 3 84 Jai 95VJ 8% Dec 10 400 Anrnr Mach & Matals^iVA par *145% 147% * 20- 23% *45 *111% 9 7 ""9 *V 49 27V 29V Apr " 113 73% 4% 4% 4% 49'® 27V 29% Argeitl 9IV Mar 3V Mar - Jan 27 7V Dec 10 3,409 Amar Metal Cb Ltd..uiVo par 165 *10-r 4V 5V "15% 1 . 7 13 V De! 3*1 Dec 26 38 $6 preferred...JW par 40% *441% 145 *35%. 4V 77V Dec 10 . $5 preferred,:.ii...iV3 par 41 48 3 5% 5'4 74 74 75 ■■■*85,■ 5% 5% • 6' 1 5% ctriv preferred.......50 Locometive.Wo par 3,900 *7% 142 26V ■ Preferred...... o.-iGa---100 2,700 7% 41 116 s 2i2 Dec 26 American 4% 34 11 4% Corp—-Ni -par American Invest Co of Ith-—1 4% *4% 40% 4714 *143 3V Jan 84, Der 10*4 Mav ZV May 9% May v. 38% Jan- 4 Fib 14 29 Amer Internat 22 5% *33V 131 ' *46 \. * *145% 14 7% | *33V 34V 93 11 non-cum pref 26 V *7% 814 47% 48% 751 106 With deel Apr -■ 1 984 131 4% 25% 9-V Sepi 6% Aug 9 1% Jan.. 3 V Dsc 2,109 Amer Mach & Fdy Co.Wo par 26 V V 10 v 93 48% 4% 34 *191® 18V 133% 134V sec s (City) external 5s " 1,900 119 19V 96% Antwerp Feb 8V Mav IV Mav - 4U® 1 4584 8 75 6 28% 3 'Pt 19 3% Jan 13 24%3 ;pt 19 25% 21% . 165 34 . *3 99% *11 115 3% 74% 15,100 22 • *26 4% 4% 7%' *.)% 113% 113% *115% 118 3V 75. 5 IG00 4V *4 22 *115 21V 141% 141% 48 26V 27 *113% 117% 4Ui 116 26V 4% 144 6 Sept. 11 *i% Jau 9 • * - 4>. 5% 19% 48 4V 4% $3 95 V 7 14V Feb 15 preferred1.AG par 1 % Dei 10 2d preferred A.. .Wo par preferred ^No -par ,..11% A v lS 3,700 Amer Hawaiian SS Co... —10 3.000 American Hide <fe Leather... I 7 9'4 22V 21V 116 165 ' 48 48% *141 $7 3% *6V *3)-' 25 34 1>S4 18% 133V 47V 145 1,700 10% 24V *33 Amer European Sees..No par GOO Amer & For'n Power.AT0 par $7 Jan % D si 2 9 3V Jan 2 30% Oct 10 20V *7% 73 Fib 14 10% 5% 8 20% 96% ,.-v— ♦External Nov 13 4% Ma) Dec 29 10 87% "in * 1024 140% May .May 5% Mav 1 87 21% 21% 4% 1014 D vwav) 4s. 1968 *f S ♦Autto piU (Dent) coll 7s A — .1945 I J *■ *''lxGrnal s t 7s sbrles B — ..1945 I J ♦igternel s f 7s series .1945 r ./ ♦fCKternal s f 7s series D—..1945 j j ♦external s f 7s 1st series j..1957 AO ♦external sec s f 7s 2 1 series. 1957 A O Jau 115 May ....194,7 — ♦ltd siak fund 6* Nov 23% 9 19% Aug 9% Feb 19 6% 1st preferred—.—--100 4,800 11% 29',1 112 20 87%' 25 *24 ...1980 / ♦ltd sink fund 6' - 23 25 34 3 109 > I "I 55% 34 4% Feb 17 American Encaustic Tiling—I 6% 56 33',v 13% Mai May 100 Jan 8V Jin 23 9% Aug 29 4V Dii 10 Comm'l Alcohol Corp..20 7 Jin 21 Nov 27 121 xl7 90O American Ice...—..—AG -par 10 10 V 41 Am 23'8o Jin 115 A)G 1% riiv 7% 20% t07 26 56-2 7% 7% 5% cinv oreferred —109 Chicle.....-AT? ow Go NJ 25 45% Mav 11% 32% 20 65 5l'4~Aug- 8 2%8ept 3 *3% 9%! 9% 115% 116 14912 140% *133% 142 *138% 141% 20 20'4 201 20% 21% 20V *3% 9% 9% 10% 10 10 - Mai Dec 2-1 87 88 20 45 *39 11V *3V 33 Dec 42 55% , 85V 34 Mar 27 103.2 Akershus (Kiag of N 2v July 79V J llyll ® 103 101.5 Agricultural Mtge Bank (Colombia) Jan J uup Fib 15 Jan 900 American Home Products—. 1 "il-% 33 I<6 50 9 101.4 Foreign Govt. & Municipal 33V Mav 185, 45V *24% *8% 88 41% 42'4 144% 143% 95'4 Jan .10 45V Oct i% 2 nV 42V 2 Aug 4% Jan 10 51% 34 *33 33% 4"J% -Mav 33% Aug 29 55 *143% 143% *143% 113% 123 3 16% De; 10 107 26 '04.6 *101.21101.29 D York City New 16% Jan 135.'Dec 90% De; 31 0M0 104.20 rlO',1 clOl.l J I Transit ITeificatio i Issue— M»v 9V May Dei'10 *1V 26 3V 45 9%' 7% 23 May 15 11% 7% J me 18 2 57% i 7% 5% Junp Mav American r Jan 50 Mav . 108 103.3 n. tC0.12103 AJf 12*4 June 27 *44V IV *24% " "*4V j.l Jan Jun 6% conv preferred.......50 11% *5 2 39 55V Dee 39 157% Dee 3) _ 1,900 American Crystal Sugar..^.10 3 33% 11% 5% 7% 8.V Jan Mar 18 .2 5 600 53 *5 1 '01,4 100.9 *100.17100.25 Apr 6 35 2 164 2,400 31% 11% 51 7-i 8 .4 -18 .22 *32% , 45 IV 26% 3% *3' 165 *_--- 2% 33% 2% *32% 4% 41-V 58% Jan 9V A ig 139V Oet23 Aw 11 nigh '91.28107.28 101.23 *404,23'01.31 ------ S 1')ti-195'* sf'N 3s series A... Jan 7 210 515 22 31 "is Radio Corp..l 10 Am Coal Co of Alleth 25 2% 31 2V ' 33% 25 21% praL.-.I—109 xl2J% \f 101.23 A 21 3IVJuly 22 300 °1« "23V k 2% 2 *3V 4% 21 58% 12% May 47% Dec 26% D3i 10 300 American Colnrtype Co——10 57'® Tvs 53 V 2 38% May A >rl9 1, 6V . *5 % 23 45% *1% *24% % 24% 25 2078 '21% 4% "-4%' 20V 4t4 4% 135 135 11% 11% 20% 6V ■ 23 2% 26 % 21'® 23 *25i2 23% -10 . - 2 '<S series G. —— .. .1942-194* lj^s series M .—.1945-1947 Apr 23 93V *V . % .,-1 *32V 113 ..-.1942-1947 -. aers' Loan Corp-®- lan 2V 18 Preferred..—100 1,900 1,000 Am Chain & Cable Iuc.ATj par 19V 18V *95 1 19 4% 19% 1»V 1% Mav 9% Mav .ov v 'mw *10.4.23104.31 v 194M941 ifN 19 *3 -19 47 j j — Hi-ne O Jan 21% Dec .6 • High No 1941 Nov 18 Jum v'- 2^8 . D<c 41% Am irlcan Car & Fdy—AG par 6 2 *9% *115 9V 79 63% July 22 Preferred..—..........109 9V r' 9% 31 119 *115 % 22'® *184 87 10% 4% 19% *19V 19V 119 25% 4V 4V 4% 41'8 19V *115 *5; 6V *.% ; 19V 0% 81% *'Vs 1 *5 45 *31 10% 9% 86 CJiv 4,500 American Can....... "iuoo 18% *5% 18% 96 18% 95% 7 *3'2 45 *39 °% 86 9'%. 5 Sept 15 r ajsr ' 13% 21 45V 1% 26 3'4 45% *1% IV 26 1% *24% 45 *31 46 46 46'2 *32% 8% 5i^% "500 90 *15 5V 8 957s 2% 33% 2% 33% 1% Aug 11 .1914-1964 i S f external *% 31 31 5V Inc..-ir..J.l-.10 4,300 Amar Cable & 110 85V 5% 160 61% *107 18% Vm Airllie? 1,700 Am Brake Shoe & Fdy.Ny>pnr 1% 6i 93 *35V ,% Anr Jin Mav 13 20 Apr 12 3 2 d33.10 1% 110 93 *15 *18 " 21% 1% 19 *17% 31V 8%. 2% *107 8 i * ' 6V 1®' 20% 1% 31% 33% *1% *32 ' 13% i 31 212 39% ; *5 to 29'2 5' *7% 18% 95 v 18% 6V , % 20% *19% • 94% v 1 *84 * <5% 8% *5's 8 Jan 10V 4% Ma* 4 ig 21% A Fib 19 5% Aor2 ' al-V G33 23 125V 125V 61% 18% *12% 3,100 30V 94V *10 18'2 *15 5 *734 i 05 05 - 8V 5 r *94%. 95 15 15 55 6% praferral—........50 *160% 163% * 161 '2 171 31V 31% 31% 3! 7 J 71% 71% 71 >2 20 V 20 V 20V 20 1 171 *161 Apr 14 21V Mav AmsrlcaiB?sch Con.1 33% 02V 61V 135 *131 Oct 29 Jan 3 :0 30 2 125V 127 •1%. lr>8 127V 1% .1% 1% . S >pt 17 9 37 40 0 *4% ■30% 31 39V Apr 182 • 87 41% Fib 14 14% Fib 28 (l)al)..WJ par :: rric Chem Am A 4,109 AmsriCii Bank Note......10 7% 4% 4% 127 128 14-V Apr 21 Jun Low ■•-. for Year . Asked Cnrp— 3i.-__ 8% Mav 9 D si 48- 7% *45 ® 5 4% *H2 4V 4% 6% conv prarerred__..___50 43V 43 V 7 7'4 46 46'® 46 46 45 7% 7V 7% 7% 49 44% 46 44 46% 6V 3Gs. 12V 0*4 fun' 10 Fe 1®r V Farm Mortgage share per 26%May 135% J'ln Aug 27 10 509 Am U ram Lcither C3 Inc.... *51% 46V 13; 14% M ir 13 % Die 9 52 *45 15'« Vlav 1IV J in 2 107% Jalv 28 1 & Pan pe ■ Friday's Bid Prl"* ■®<s. .11, S, Cover nut snt (Cinci,),.. 3% CarporateStock... 31V 95 -W? pa 21 21% 20 I per share % 7LVMIV 14 5 52 *201» share 21% Dii 10 pa .1,509 4l3ha Portlnd Cem 1 16V *15 16V . ic Fib Range, or- Si'e s! fe, Week Eided Jan." 9 Highest *., J ir. 6 per 2 j % ! 11% Dii 10 N) pa 21 *15 13V 32% 31% 32% 31% .31% 31% 70 70 70" 70'2 61 69% 70% 68t2 20*4 20V 90% 99% 20% 20% 20V 20% 110 *107 *107 119 *107 110 110 "107 *t2 Cjrp 53% 4% *190 33 *V 4'V D 10 4 prarerrel...r...... 101 5% *52% 7V 61 171 17V 1 *84 Alliel St>r3» 699 8,100 41!U-Clmlm3r? 17% 17 17%. Lowest " 4,0)0 54 1% 63 29 13% $ share 135% Dec 24 par ...c *59 47 39% *160 29 28% *",# "is 13% 5% 80 V 28V per 17 V DA,; 41ll8d Mill? C> Inc.^...W) par *15 *!'■> 1% ■...1* 17V 5V 80% 584 5% 23V 17V 41lled Ki 1 Co., "2460 13 49 130% *125 *126 28% 1,300 411(3.1 Clutiloil A Dye.iV> 80 13% 80 89% I 1 15i« 6t2 *11 4'2 31' 4'2 5'2 IndmtrlJ? Inc.., *11% 21% .47 7% 40 13 »4 5V uv *i0V 11V 13% Pa 699 Allon 148 144 149 V 146 V *;o'8 11% m 5% 80 5 5 5V 147% 147% *19% Htohett,-. Lost *31 EKGH4NGE Nl Y- Year 1949 , 2,199 \lrhny Lui Btl Corp ..No par 21% *5 BONDS Range for Previous 1941 &£• Shares shar uer 21% Lowest 51 *29 4SV| *3-84 *44% Week — ir lOO-cfaire Lots Is, IV 53 21V 53 *5 ■ $ On Rant* if 13% "n *15 16 *14% 5 147% 149 11% 13% 13% 5% 584 *79% 81% 2884 29% 17V 18 18 5% *7912 Jan. 9 share 23 «»r 21V 22V 22'4 *19%. 11V 11 534 81 30% 13% 11 22 5 ■ 133 *10% $ 3 ner share share 22 4% 4% 147 5% 82 30's 18'« 5% *79% $ 2134 22 22% *484 5 146% 146 to *10% 11'4 22i4 the — % ver share $ rer share Jan. 7 Jan. 6 Jan. 5 Jan. 3 Itanjefor Ye STOCK EXCHANGE jPHiai Thursday Va*. 8 Wednesday Tuesday .ft'' IFeefc's Friday ■ • 33 4 ;31 - Wo "■30^ . v.Uini a -12 .-*-,."334!17 314 38 25 33 ' i"— i * "20 4 dit-.T—■- footnotessee'pagfem-a. raw'.' '.!i> 44 -424U -"367] * 1 ' 8 V-"'- ^iv ,Uk1-!<j».-. ■ a..-,1 21 31 734 . 4:694 ,, 52 4 65 . . i ' ' 82 4 > 60 .'] Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4032 155 NEW YORK BOND RECORD Last b.s N. Y. STOCK EXCHANGE e2 Foreign Govt. & Munlc. (Cvnt.) Asked tfc Low High ■ 1941 No. Low 52 60 60 52 H 62 *58 61 52 H 62 63 52 69 52 H 63 52H 61 21*4 27 *17% Customs AdmlnSHs 2d her..1961 63 5Hs 1st series...........1969 5 Hs 2d series. 196° . — 61M *62 H ........ -61-K ----- ♦Dresden (City) external 7s..1945 70 6 Wednesday Thursday Friday Jan. 5 Jan. 6 Jan. 7 Jun. 8 Jan. 9 Week ? pet share $ per share $ per share $ per share Shares $ per share *50 13 12*4 12*4 12% *52 55*4 5534 22% 22*4 65% 60 22% 64% 118 *118% 120 21% .21% 22% .17*4 17% -18% 6% 13 54% 22% *52 06% 66% 13% *52 12% 22% 22% 118 the . 120 12''s 53 22% 63% 65% 120 =13% *52 64% *52 Lowest 22% 23 6 5% 64% 121% *120 . „ 64 *120 ... Best & Co... 900 121% 21% 18% 21% 19 20% 18% 21*4 18% >18% 20% 19% 6% 6J.4 6% 6% 01.1 6'8 6% J 6H 6 15% 100 15% *13% 15% *13% 15% 12*4 *12 12*4 *12 12% *12 12*4 *12 12% BlooTninTdal8 80 *60 80 *67 72 *65 72 *65 72 20% 31% 19% 1978 19% Blumenthal & Co pre! Boeing Alrolane Co..... 6H 8H *30% 31'% 101% *93% 99 30% 93% 42% 16% 20% 20% 20% 31% 90% 9 31% 21% 31% 93 93 40% 40*4 Finland (Republic), ext 6s.——1945 M 8 45 65 65 With deelaration 19*4 31% *92 , 40% 40 40 *40 17 17 16*4 17% 10% 20% 20% 20*8 17% 20% 17% 20% *16% 20% 20% 20*4 20% 21% 2D 21% 1*4 51 1*4 1*4 1% 30% 27 4 With declaration.—.... 26 H 26 H ~66_\ r6i" 7"b 60 H 91 98 93 -7 8% 9% 64H 67 16% *26% 27% ... *65" 7s unstamped.1949 30 30 30%, *17 17*4 *17 , 43 30% *\T V: 17*4 • %« % *%« 1% 8% 9% 16*4 17% 27% 27% *42% "44 16*4 43 17 27% *42% « 716 43% *7!J < % 1% 1% 1% 8% 8% *31 33% *31% 34 *13% 13% *31% 13% 8% 34 13% *12% 13% 8% ♦5%s of 1930 stamped 1965 J D ♦5Hs unstamped 1965 ♦5^ssptd (Canadian holder) 1965 If1♦German Rep extl 7$ stamped .1949 AO ♦7s unstamped.. — ..1949 11H 8H 8% 8% 8% 105*4 107 8% 8*4 3 14H 2H 107 107 9H 3 3 3% 1% 1% 8*4 100% 107 3 3% 3% "• 65 s J D 6H 26H 6% ♦6s part paid...—. — 1964 "7" "l2H 9 "6H "flji 26% 15 — 15 ♦Haiti (Republic) s f 6s ser A..1952 A ^♦Hamburg (State) 6s—1946 With declaration A 0 ♦I •Heidelberg(Gerraan)ext 714 s. 1950 Helsingfors (City) extl 6 Hs 1960 j"j *50 38 H 6JT - 6H 26 A With declaration...———— 27 49 H- *771 "47 h O ••• 26 26 —....... 19 *54 57 6»4 2078 21% 26 25 25 17% 18 17% 17% 5514 55% 6 V "/ 7 *5% *19% 3% ; * 57 W:t& 7 2% 19% 5% 6% *55% 7% v.:: *2% 2*4 19% 19% 5% 5% 3% 634 *20 1 3 *93 93 ■ J J 2H 7- 3 J '-♦7s secured s fg.. 1946 J f'Hungarian Land M Inst 7 Hs 1961 fl/N J ♦Sinking fund 7H» ser B—1901 M N 6H 6 2H 17% % With declaration v Hungary 7 Ha ext at 4Ha to..1979 FA 5 3H 4H 23 H *12 J *55 ; 71 6 M S J 75 55 D 10 30 H 10 J 341s *17g 29 % > 45. With declaration....— '* Extl sinking fund MN 35 9H „ «'8 - . : 7% *93% 1947 5H 19% 1% 178 *2% 3% 90 Mendoza (Prov) 4b read)———1954 Mexican Irrigation— * 9 73 j: >: 1 ; 5H {♦Treas 6s of '13 assent—..'1933 t ♦Milan (City, Italy) extl 6 Hs. 1952 J A 5H A * 5 ~*5H ' 1 '*m ** 6 m --JG: 6H U 61 82 H 3H; i "j • 5H 5H ; *5H .V . 3H ; 3% 30 3% *93- ♦Sec extl a f 6 Ha — ————1958 ♦Sec extl s f 6Hs.< .....1959 M S •Montevideo (City) 7s——.—1952 J D ♦Os series A ————-1959 M N 40 H *IOH 10H •;-l 11 —... *60 Ji 8—- 12H 8H 13 54 70 4«*. - «. 4% 1% lh 9% ■ 10 F A *58 68 56 H 60 86 H 83 H 86 H f'a "86"" ,"85"" "86" ' 18 With declaration—...... External 6s 52 *12 With declaration External sink fund 4Hs—1956 ~M S =*53"" "54 H *V4 With declaration. External s f 4Hs.— With declaration— —.1966 4s s f extl loan.— —.1963 With deol aration . A O 51 H 51H 1. "51/" f'a 51H 3 With declaration 63 85 7b . *48"" —. - 29H 45H 29 50 ^•Nuremburg (City) extl 6s.—1952 p'i ----- 27 M 8 ----- With declaration. 9 Extl 23 Mi? 7-1955 AO —-w "34" 27 H With declaration "34" 2 r i _' Saver A. 1983 Af N ♦Stamped assented 5s....1963 A/N 8tainp mod 3Hs ext to..—.1994 J D Ext sec ref 3 Hs ser B.——.1967 M 8 ♦Pernambuoo (State of) 7s 1947 M S ♦Peru (Rep of) external 78—1959 M ♦Nat Loan extl For footnotes s f 0s 1st ser.. 1060 J 46% 9- f 0s 2d ser.. 1901 A see page 179; O #■ "64 H ;""2 63 j 29 9H "_5 7H 8 8H 7 8 H 82 8H 7H 8H 19 i 10 4 79 Deo 22 Apr 23 ^ 16: 10' 3,800 t t 9% 4% 1 ■' 283.4 40 24% 2% 26% 26% 8 378 *3% 78% *61 29 28% *80 ■: * 35 29 4 *130 % +8% 11% 1% ' 35% i *93 11% 1% 78 4 ■f 77 Oat 30 Gerro de Pasco Copper.No par 25 Certain-teed Products..—1 Chain Belt Co.—1...No par 140 , ' Cham Pap & Fib 200 106Jum 114% Mar 1% 4 July 28 Apr 2 72 Any 5% Apr 11% May De< Max 2% Oct 6 Mar 100 Apr 21%, Jan 107% Oct 11 15 Max 99% Jum 17% Max 10% Jun. Preferred series A......100 18 2% May 23 31% Dec 26 93 Dec 29 »it Deo 23 Jan 4% Oot24 44% Jan 13 102% Feb 3 Deo 12% I'-Max i Oot20 u Jam 35%= Apr 15% Max Chic & East 111 RR Co.No par 1 2% 41% Jan 8% Feb 38% Dec 22 Oct 106 May 30% Apr 29% Mar Oci 4% Apr 44 Dec 101 30% May 84% June Deo Chic Great West RR Cob .50 1%. Mar 20 5% preferred. ..i—.....50 Ghioago Mail Order Co -5 3% Deo 28 8%, Jan 10 6%May 12% Chicago PneumatTool.No 9% Feb 19 19% July 21 44% Jan 9 8% May 23% Max 54 41 15% Dee 44% Dec 51% Dec % Jan 700 PIcQfl • 4'8 *4% 1634 478 ; *4% ■ 4% 200 1634 37% 167g 16% 16% 37% : 37% 2,000 37 *51 53 52 *38 -r 14 7.ij r *% 7^0 '. -*% 9 " *8% *812 12% 1% 48% ,A(. 9<8 95% 42 42 *607 '- *98 A 0 1% July 21 Oct 4 July 31 11% Nov 6 1% Mar 12 6% 3 3% Mar 20 *31 234 %»Dec %eJuly 25 Chicago Yellow Cab...No par 8%May 22 % Jan 18 9% Sept 16 7% May 300 Chickasha Cotton Oil..—10 600 Childs Co 600 ' , 1% 30 100 47% 978 37,600 *94 95% 10 *31 42 Jan City Investing Co city stores *33% 35% 200 Clark Equipment. *98 ..... 98 5% preferred 36% 78 • 63 63 400 Clev Graph Bronze Co (The).l 99 40 5% preferred..Clev & Pitts RR Co 800 *600 800 ...—100 7% gtd.50 — 42% 42% 3,409 Special gtd 4% stock——50 CH max- Mdy bdenum —^Nopar 36 35% 36 2,400 Cluett Peabody & Co.-No par 145 72% 63 - 100 42 «4 42% i 35% *130 ... Glev El Ilium $4.50 pf.No par *80% *48 .... """no 28% '28% 100 ........... .—100 .....5 No par C C C & St Louis Ry Co..100 •W *109% 111 29 *80% 63 No par .. ■w. *130 145 70 75% I 72 s4 " . . . V Preferred.. . 7-300 63 63 *560" 800 63% *•_ 63% 800 — 100 Coca-Cola Co (The)...No par 7 Jan 27 20 72% Jan 2 91% 10% Feb 5 53% May 8% Oct 14% Jau 104% Aug 12 40% Feb 20 85 98 Feb 4% Sept 22 2 Dec 10 Ail? 9 24 Oct 20 98 May 23 Dec 17 124 85 Jan 16 56 June 115 Aug 20 108 May 33% Jan 10 105 Sept 9 84% Oct 11 26 May 28% Feb 18 142 - Dec 26 139 Deo 29 500 Class A...——i—-No par 60 740 July 16 2,400 Colgate-Palmolive-Peet No par 100% Feb 15 Jan 4% Apr 40% Apr 133 Nov 74% Nov 114% Jan 43% Mar 74*Max 83% Dec 46% May 48 25% May 41% 39% Sept 25% May 45% 148 106 10% Dec 23 $4.25 preferred..——No par Apr 26 Apr Mar 11 50 Mar 17 Coca-Cola Intern Corp.No par 24 *60 Nov 44% Dec 30 Feb 14 78 44 2 40% Aug 48% NoV25 27 5% Mar 34 Aug Sep! Sepi May Max July Dec 26 29% Dec 11 139 Apr 26 70% Oet 17 109% Dec 10 81 May 1% Aug Aug 29 : 92 2 9 3 Dec 18 40 Apr Jan 27 8 r % 11% Mar 16% Apr 9 —J . 14% Sept 15 % %. D« Dec 11 Dec 41% Dec 22 5 6H% preferred.i.-.—..100 34% * 1 20 Gity Ice & Fuel 200 *48 *600 10% Feb ......25 Chrysler Corp....4 500 ; 145 %« Dec —No par Chile Copper Co 2% *28% 43% 7578 % Jan 17 *238 76"" %» De» 6 22 ' Max 6 300 % ! 13% 1«8 July 24 %« Feb .100 100 7% preferred. 6% preferred....— 2% *65" *80% *48 *130 49 cum div No par Isl & Paoific.wlUO 34% 76" 36% 37% Apr 22 Apr 8 %2 Dec 17 preferred...No par ($2.50) *238 34 36% par ' 23 44 conv Pr pf Chic Rock 3,000 9 46% 9% 34 s10 , *13 V i,8oo • 9 $3 200 . %2 %■ .*% 7'ifi 300 52 ®32 • ' 63 ..,803' 5 56% Feb May 26% Apr 3% Jan Dec 22% Sept Jan Dec 121 Jum 17 37% Jan 14 95% Dec 10 25 75 May - 48 5%, Jan 13 •15 Dec 126 88 Sep' 22% Max 3% Max 14% DeoSO 5% Deo 29 par 5 Apr May 32% May 3% Nov 42% Max. 20 Max 22% Apr 21 - 6 45 105% Max 9 Jan 40% Jum 3 4% July 12 Co8% pf.100 ^Chesapeake Corp.i—No Chesapeake & Ohio Ry._ 100 Jan 9 Deo Common....._.i—.No par Checker Cab Mfg.... 3,600 13,600' 92% 6% Mar 22% Mux 2 Max 39% Max 1% Dec 10 .100 100 400 i • Apr 4% Aug 97 ■ Anr 40 •73% Jum Jan 17 29 U Jul) 2% Max 29% May 2% Det 36% Any Sept 24 22% Mar 25 Deo 29 6% prior preferred 11% Dec 10%June 10 17 Feb 8% Feb 19% Apr Mav 34 75 3 1% 4% May 7 3% July 24 115% Jan 29 Feb52% Mar Max 1L 50% July 15 29% July 28 9 4% Feb 1 3,500 48% | 46 34 978 1 9% 95% *92 *238 -79% Deo 1 Jan 14 50% Jul) 4,600 42 78 145 26% Jan 2,000 *28% '29 *130 Max Nov 15% 4% *28%- 29 '43% 36% 82 2% *31 , Max: Max 9 10% 110% 110% *109% 111 — i 934 *93 100 39 9 6 7% Jan 23% Apr 5 Sept 13% Jan 4 110% 110% *9;V Oct 17% Max 2% Max 6% May 2% 21% *9% 7l"" Apr 378 12 47% *58" Jam 5% 10*4 2 138 21% 4912 35 Max 5% Max 4% May 4 122% Dec 2 1% 1% 12 9%9% *93 95% *30% 42 ;34 12% 2 9«4 1% *1% 21% 1% *2% ";1 2% "7% Dei 9% 53 *21% 48 -5- Deo 23 1—....100 L- 98 125 xl5%June27 1% Deo 16 108% Deo 10 4H%-pref—100 Preferred.. j 1,000 36 378 '39 % % *8% *11% % Oct 35% Nov 21% Jan 2 *% 9 36 . 24% 79% *61 •- 8% Nov Jan *1% *51 *80 145 78% *620 '''•■■ 3% Max 1% 4 2 *3S % % r % " '*48- 44 36% 36 64' *4% 1634 'p 53 83 -- 43% 79* 800 *38 t-V'AQ: 50 *48 437« 36% • •• 1712 Jan Dec 6% Jun 72% Nov 978 '8 9% 39 2% 100"-100 ..4- 145 9% 76" 50' +135 17 Max 17% Max 12% May 6 July 28 119 Max Max 20 3% Jan 29 87% Sept 18 18% Dee 10 JCent RRof New Jereey—lOO Central Violeta Sugar CP. Century Ribbou Mills.No par _ 4 35% 98 3 9A%May20 30%. Jan 14 2,000 ; 8 *6% *6% *338 Central 111 Lt 20 50 7,400 ^ 2878 26% 30 .....100 — 41 116% Mar 19 5% Dec 10 65 Dec 19 No par 5% preferred 500 92 100 Central Aguirre Assoc .No par Central Foundry C0........I 1,800 5,300 3% *2*4 90 ; Celotex Corp 20 ,. ...... 7% prior preferred.—..100 3.900 2% 1634 10 . 97 Apr 4% Nov Dee 21 5% Aug 2 39% Apr 3 3% July 31 x-2% Dec 19 43 Feb 14 112 Mar 18 Caterpillar Tractor No par "Celanese Ccrp of Amer.No par 3,500 70 29% 238 *93 V Preferred..... 180 •35% 98 Carriers & General Corp.—.1 Case (J I) Co —100 4,800 2% 338 Carpenter Steel Co—....u—6 890; 40 1% Dee 19 Carolina Gil noh & Ohio Ry. 100 ^ 300 1 *17% '18% *17% 18% *99 100 *98% 100 16s4 16% -*16 *1S78 98% 1% 3*4' w ^ . . Ry.n.^ ... "066 v 20% 70 90 283% 18% 98 : 2 9% *51 110% 110% 101 43% 36% 8 Sept 17 Jan 2 63% Nov 10 740 131 Mar Apr Apr May 145 Dec 99% May 141 Mar May 63 Feb 10% May 20 Feb 56 July 16 : 13 13% 13% 13' 13% 13% *102% 105 *102% 103% *102% 105 13% 13% 13 13% 13% 13% 105 105 *104 105 17 105' 17 17 % 1 . *1% 1% *1 1% 13% 13% 13% 13% 1% 1% 49%. *45 49% 52; 13% *13% 1% 50% *45 For footnotes see 1% 54 52 page ■ ' 52 *s4 16% 78 ' 167^ *3,j *1 % 167g 17 %« 2 380 400 % 5% conv preferred. .100 Colo Fuel & Iron Corp.No par Colorado & Southern 13% 13% 13% *13% 1% 13% 13'% *13 13% 700 1% 1% 1% 1% '29,600 < 1% 52% 54 45% 45% *7%(! 51 *45 1% *1% 1% 1% 2 52 51 51 46% 45 45 Collins & Aikinan.— No par 900 17 3.1 109 2,70(1 158 1% 13% 13% 13% ' 13% 1% 1 13% 13% 1% 13% 13% *45 16% 1% .; 1% *«u 13% 13% 1% 51% 52 1 *% 1% ; 34 , 1% 1 *1% 13 13 13 1278 13% 13% : 10234 10234 *102% 105 *102% 105 1 *13 13% *13 13% 13% 13% *104 105' 103 104 103 103 17 17 90 H 9H 3% 2 % 42 2% *33 70" *100 51 6 Deo 31 41% 16 2% f 23„ 26% '26 *93 4% 93 *30% 278 28% 54 H 81 70H 102 H 105 H 6H HH 6M 10H 6H 9H 32 20, 2% *85 16 K 49% 93 112 105 104 "OH 9H 7 H 33 Capital Admin class A— $3 preferred A 10 Canadian Pacific „•' , 41 71 *2% 15% *2% 29% *17% ! 1 1 24% =*21% *9 ru!.' 33% 37 57 64 H 59 H 62H ...... S D ■- 40 22 19 *6% " . 1% 1% 42- 111 45H 33 8% 951 . - "64 H ■ , s . i 42 25H ...... 46 30 — With declaration... Oslo (City) s f 4Hs—... ♦Nat Loan extl 46% *--: 27. 35 H - -I49& deb 5H3-— ♦Panama (Rep) extlsf *21'-v- *80%. With declaration... 32% Dec 26 118% 119 778 734 20% *70 3% 26% , s- % 8% 12% *% *11% *45 —1953 M S 27% s: 1% 22 *2% Q! ^Oriental Devel guar 0s. 41% : ;; 20 *2% 2% : 19 52 '•■■■ % % S% 12% *32 28 9 52 %# *30% 52 "55" .... Cannon Mills—.......No par 65 28% *97% 100 *16 16% 2 *37% ht *-.- 47 "51"" """6 32 50 H ————— Municipal Bank extl s f 5s..1970 28 H 33 .2% 26% 1% 17%' 9 54 49 ; j 119 90 *85 90 ■i 46% 86H 51H 31H : 5 1% 85 H 51 15% 28%' 29% 17% 39- *21% 85 86 H 34 H ...—1944 ——— 278 •65 2% 1578 3% !■' *2% *2% *85 4% % 8% *11% 79 54H 51H 27% *23,1 3 10%June 1,000 87 *26% 4% Deo 9 9% Novl2 = 1,000 2% 37-®4 *84 - 25% Jan 37% Apr 29% Apr 12% Nov 53*4 May 14% May 0% Max 24%Sept 18 54% Nov 13 1% Jan ft 7% Jan 6 14% Jan 10 17% Sept 18 26% Dee 10 3 Dec 22 33% 87 9 Mar 11 ls32 Dac 30 _ 25 22,000 *117 72% *2% 99tt i*93v; *4% 53 . 56 ""2 56 H Canada Southern Ry Go. .100 51; ....50 i Calumet & Heola ConsCoPi.6 Campbell W & C Fdy__No par "" 6i« Apr 1958 A O Norway external 6sjr...-..---1943 F A Canada Dry Ginger Ale- = 4D 4% 67 8% 10 ; 5,300 30 *33 119 3% 35*4 9% 11% 11% 5% preferred. *17g *32% 41% 20 3% V-- 2,300 *65 41% 20 *6%, 2 -:[< 17% 38% *%» extl 5s..1957 108 2% 2% -18 ,."-16% ■ 17% *37% N New So Wales (State) External s f 68—— 41 35% *1 6 13% : 19 19% (j-19 19% 20% 134 1*4 134 i34 17g *134 *104 108 108 *104 108 *104 r 16 4 '. ; ;"»4r"- 5 64 49: *104 19% *93 Callahan Zinc-Lead.— .*25 118%119 *118% 119% 7*4 778 -i 734 778 3%-"'3% '■ California Packing.—No par *117 119 15% Deo 1,500 57g. 27% '2*4 11% Jan 7% Apr 29 2,700 3,100 2 , 2% Deo 10 6 Dec 9 12 8 3734 284 Aug 4% Jan 100 53 2 *84 12% July 29 23 24*4 Sept 4% Sept 9 Sept- 9 6% July 28 76% Feb 14 18% 13- . 4*4 Dec 10 Deo 29 41% Nov 25 18 Apr 13*4 26*4 Nov 27 9% July 24 1% Deo 10 Dec 9 No par Participating preferred.. 100 Byron Jackson Co No par 19 97% 7% .'7% 3% 3% . : 33% '5% Dec 23 15' May t5% Nov 8% July 22 34% Jau 0 35%Sept 17 20% July 28 56% Nov 5 15% Den 10 49 May- 8 Byers Co (A M)_ 78 4% *27 —No par 5% conv preferred. 30 Butte Copper Zinc....—5 40 *32% 87 ...No par Jan 2% Jun 38% Nov 'I'1' . 11% 4 76 25% T>e< 13t4 Max Max 38 Max 1% Jan 7 2% Aug 9 6% Jan 14 14% Sept 22 37 Sept 13 23% Mar 21 12% Jan 6 Feb 14 Apr 24% Mar 27 45% Oct 5% Dac 9 18% Dee 9 23% Daa 26 ...No par *18% *50% ; 8 Jun 29% May 8 6 1,300 96 30 11% *33 67' "35%- 35% -^35% -35% . 1 *51 *60 H 100 1,100 .1,300 10% 12'7g *25% ->■ Wheel— — 1,000 3% 7% 51 Bush Terminal— 1 Basil Term Bldg dep 7% pf 100 Butler Bros.—., 10 130 5% 7% 6% ; 6 Jan lb Burlington Mills Corp..1 Conv pref $2.75ser__No par Burroughs Add Mach—No par 700 20% % Nov 70% Mur f)e< Jum 17% Dec 17 12% Jon 2 Jan 34 12%Maj 26 Apr 28% May 17 Jan 123% May 19 9 41 par ..100 Apr Nov 51% Sept 18 25% Jan Deo 17 7% preferred 4,800 *93 53 1278 2734 234 *70 27% 16 98' 1 ' — '■ 2% 26% j 35% 4 O M S 2% 7% 7% 7 ./ ! 28%. 29% 16 35% 0H 4H | ' 7 ,* 3H 7 6% 2% ?8 2734 234' *117 119 118% 119 3% 85 85 2% *15% "*3H r7H 6 • 330 300 *10 •18% .*18% *50% 67 10% *17-18% *17. 07 97% I 97% 7 25 5H 5H 26 *84% T 2% *2%' < ' - 3H • ..♦Assenting 4s of 1910..——.1945 Mlnas Geraes (State)— 8 H 73 ♦4Hs stamped assented.....1943 MN ♦Mexico (US) extl 5s of 1899 £.1945 Q J ♦Assenting 5s of 1899... 1945 Q J ♦Assenting 4s of 1904..——1054 J D . 8 • 2% 28% 2% 25% ' 87 19% 1% 16% I6I2] 28% 1954 *83% 108% 110 16 M *2. *70 , 26H 9H 8 87% 9 *85 ♦Medellin (Colombia) 6 Ha 100 9,609 400 103s -( 4% 34% 2% 3734 *32%: •'8%: /,8% 72% 8% 17g ♦Leipzig (Germany) s f 7s *2 2% 118% 118% *117 *108% 110 •Lower Austria (Province) 7Ha.'50 2,800 20 Jan 18 11% Deo 30 Bucvrus-Erie Co..L........5 7% Dac 29 7% preferred.......... 100 sl09 June 11 ,118 Jan 17 Budd (E G) Mfg No par 2% Deo 9 5% Jan 9 Bullard Co.___._ Bulova Watch... 5% , 7 30 No par 16 96 June 99 3% July 30 39% Jan 6 Anr 18 Budd *234 % Fab 19 Deo 27 21 % Dec 16 Deo 2 J Bruns-Balke-Collonder.No Jan' 9 21%Sept 16% Deo 29 6% Dac 9 14% Dec 27 23% Dec 27 1 1,900 96 103s 30 3% 3378 .26% 2714 *2% "-278 *68 ^-69% 71 '2' 71% 187g 19% 9 *25; 37% 41% 42 4112 4220% 21% 20% 21 119% 119% *118" 119% 70 56H 3H *4'H 80C 5514 *20 ,28 Brown Shoe Co.. 3,900 54 Apr Jan 12% Aim 19% May 9 / Jan 22% 11% 23% 54 Oct 23% July 11 Apr 19 38 3,800 678 2% ;*• *2% 16 May May 5% May 13% May 11 May 34% 15 111% Jan 23 9 Bristol-Myers Co..... _...v.5 Brooklyn & Queens Tr.No par Bklyn-Manh Transit..No par Brooklyn Union Gas...No par 100 4,800 1,200 21% 27« 7% 6% 13 11*4 11% *25 .sv,378 34% 34% *2. 68 58 H 36H ♦Jugoslavia (State Mtge Bk) 7s 1957 AO 1,000 V< 6 •% *18% ;27"8 18% 18% *50% 53 *%; h vl27« 12% *83 119 79H 56 5Hs......1965 With declaration 800 17% 19% 5% 10% 6 ; 13 ' 30 *32 i *821& 86I2 ♦26%. 27% *2% 2?8 68 A -13 •' ■41. 34% 37% *117 F f Japanese Govt 30-yr s-f 6 Ha—1954 4.. 3418 2% *32^ V-46*. 5% 6% -12% -12% . 4l« • *50% * 53 %. - • ' 6 " 6% % : 1213 i-rl21a *25 4%•- Irish Free State extl a f 5s—1960 M N % ! 30 *25 I fltaly (Kingdom of) extl 7s..1951 ♦j ♦Ital'n Cred Conaortium 7s ser B'47 ^•Italian Public Utility extl 7s.l952 % • 5V« 578 *12i»-12% 4H 5 . j 18%-187s *50%. "53' 18 53* *50 " Brklreport Brass Co...No par Brings Manufacturing.iV? par Brings & Stratton.....No par 6,209 25 *20 93 10% 93% 93% M0% .=10% H% -:'ri0%ilL 11% Brewlnn Corp. of America.. 15 3,600 62 H. 53 53 ♦^Hungarian Cons Municipal Loan— ♦7 Ha secured s f g._.———1945 290 17% 55% i. ' 400 35 Nov 14 Mar 13 24% Sept Dec 30 -18%. DaalO Borg-Warner Corn ...6 Boston & Maine RR......100 Bower Roller Bearing Co...^5 25 , & 21% 6% *21% i *18% *0% 3% 8- *7% ■ ' 2% 5% 21% ; W- 8 1 7% 2% 19 *5% 20 *7% 7 2% 3% v3% ,, 56% 19 5*4 20 21 "3% 8 ;-7.% r"V-7% 97% *93 97% 8 22 18% *53 6% 18% 20% * 6*4 Aluminum — 609 . 26 25% O it. 17 Aor29 9,500 21% 12% A or 21 IDC 6,400 6% 5 Brftvs—5 17 23% 26 17 90 33 1,909 22% 18% 2% 2% 19 3 0*4 22 *25% 26*4 19 .6% 6% 2% *18% 64% Dno?6 Don 31 134 109% Ma> 18% Jan 10 70 10U Clans B... ...No par Bond Stores Ino.....j ..*.1 Borden Co (The) .15 109 1634 ' 65 1 71H 22H V 6'8 *25% 19% 5% *19% 0 23 64% ' 55 "3H "l5" H i 22% 19 -.—1968 With declaration 9, % V'a 1968 65*4 6*4 22% 6% 22% *25% f ser 7s. .1964 Mi? ♦7s part paid. ♦Sink fund secured 6s.. 65% 65 Dae 29 13 Brottien.i7o.par May 34% July 23 89% Jan 131% Jan 28 31% Aug 23% Sept 1011 jan 9 Dae S9 42% . 9 5 Bohn 10% .. 1% Jan Ban Anil Co class A.L.No par 21 2078 21% 21% 21% i 7g 17S 1% *1% 178 *28.-. 30% *28% 30% *23% 30% *16% 17% 17% 17% .*17 1734 9 8% 8% ; 878 8% ■8% 16*4 17 1634 167s 16% T678 27 27% *26% 28% 2734 27*4 i; 42 42% 40% 417s 40% 41 *?I6' +J16 % % *%o % 1% 1% 1% 1% 1% 1% 9 9 87g. 9% 8% 8% *31% 534% *31% 34% *31% 34% 13 03^ *1278 13% 13 13 8% 8*4 8*4 8% 878 8% *105% 108% *106% 108% 10.1% 106% 3 3 3% 3% 3% 3% 65 63 63 ,65% 63% 64 27% 39 93% Nov 130 20*4 301.4 17*4 9% 17*8 , *40 Jan 22% May 63% May 19% Dan 26 900 20 20% 56«4 51% Dec Bhiw-Knox Co......._ATo par Biles & Laurhlln Inc........5 19^609 19% 30% 9334 !;>!%' 1% 8% f German Govt International— ♦Greek Government *13% •16% 55 51 ^German Prov & Communal Bks ♦(Cons Agrlc Loan) 6Hb——1958 15% 19% 1J ♦Frankfort (City of) s f 6HS--1953 MN With declaration 40% 42% 19% 31% 93 *13% 16% :,-:V French Renubllc 7s stamped...1949 20% 31*4 31*4 *91 90% *40 r 221? Mar Dac 31 *60 20 17% May Dan 29 *12 share per 40% Jnnr 15% Dec 19 14% Highest tharr $ $ pet 20% Jan 10 21 1234 *h*T» per 57 115 80 14% 11 8 $ Aug 18 BI ?elow-S\nf Can Inc.Ni par 1,700 1.20C 5,209 *12 *7H share 50 .No par *00 J per Lowest 10% Dec 27 Black & Decker Mfg Co No par 400 21% 18% 0% 20 Year 1940 Highest Bethlehem Steel (D0l)._A''» par 7% preferred .....100 13,600 -1-8% 21% 6*4 $ Par ■ Beneficial Indus Loan..AT•> par Pr pd $2.50 div ser'38 No par 4,109 53 23 03% 121 13% 13% 53 *22 3S 22% 120 13% Range for Previous EXCHANGE 6% *14 6% ♦El Salvador 8s ctfs of dep....1948 J ♦Estonia (Republic of) 7s 1967 J Range for Year 1941 On Basis of \ no-Share Lett „NEW YORK STOCK Tuesday High 70 60 STOCKS for *60 {♦1stser 5Hs of 1926.-— .1940 {♦2d series sink fund 5H8—1940 Sales Monday Saturday Jan. 3 $ per share Dominican Rep Cuflt Ad 5H'S—1942 AND HIGH SALE PRICES far Year cn-co Friday's Bid Price LOW Range Range or Sale Week Ended Jan. 9 NEW YORK STOCK RECORD Week's Friday BONDS 171 140 ; 1,300 80 105% Deo 29 12% Dec % Deo 1 16% Sept 17 106 Dec 27 Nov 13 30% Jan 9 114 Mar 19 20 Jan 10 9 8 Deo 10 % Dee 26 94 4 2% Sept 1% Dee 1% 11 Dec 17 21%. Jan 10 ; 11 DealS 21 10 Dec 18 100 6% preferred series A.—100 5% preferred _v 100 — 43% Dec 18 42% Nov 27 Jan 4% Jan 82% Jan 25 72 Apr 2 4% May Feb May 4% Apr , May 1 Class B... 112% 24 Oct May 2.50 Columbia Gas & Elec—No par 4% 2d preferred.... i Dec 35% Apr Det 1% Jan 13 3% Aug June 102% 16% May 108 May 12% May Columb Br'd Sys inc cl A.2.50 1,200 j 100 4% 1st preferred.—..—100 230 11 5% A pr 5 Apr 26% Mar 26% Mar , 7% Apr 67% May 93% Apr 59 79 June Jan 178. Commercial and 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; W. Jones, Managing Editor; William'Dana Seibert President; William D. Riggs, Business Manager. Published three times a week [every Thursday (general news and advertising issue) with statistical issues on Tuesday and Saturday] 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 1942 by William B. Dana Company. Re entered as second-class matter September 12, 1941, at the post offlcs at New York, N. Y., under the Act of March 3* 1879. Subscriptions in United States and Possessions, $26.00 per year, $15. 00 for 6 months; in Dominion of Canada, $27.50 per year, $15.75 for 6 months. South and Cen¬ tral America, Spain, Mexico and Cuba, $29:50 per year $16.75 for 6 months;. Great Britain, Continental Europe (except Spain), Asia, Australia and Africa, $31.00 Frederick NOTE: On account of the per fluctuations in the rates of exchange, remittances for foreign subscrip tions and advertisements must be made in New York funds. year, $17.50 for 6 months. CHRONICLE THE COMMERCIAL & FINANCIAL 172 ; Tuesday, January 13, 1942 r* • NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday : -*~ Range for Year 1941 Jan Jan. 6 5 . NEW' YCfftK STOCK , Lowest *65% 5*8 26 *24 *23% 16% 26 16% 16% 16% *96 97 97 97 9% Par 44 437s 44% 23% 23l» 23«4 23% 3*4 153s 2078 314 3U *3% 3% *15% 19% 15% 15% 20% 19% 10% 86 90 86 86 *95 ,■/ *93% 100 *93% 100 6% 6S8 6% 13% 13% 13% 89 89 ■T 89 % 8% S58 *1% 1% 1% 5% 5% 5% 7% 7% 6% 23 96 13% 127g 24 25 24% 7% 41% 41% 3% 21% 21% 19 32 55% *160 91» 300 9 2 5% 7 7*8 *4% ' "■ 458 700 9 916 * % 13% 534 7 » 7% 5i2 7% 718 4®I *438 434 . 4*8 *100 102 2438 2378 24l4 734. 41*8 734 41% 51 11% 12 11% 12% 49 49 50 50 *49 *49 50 30 31% 30 55 32% 55% 3% *%s 880 5534 8,300 1314 13% lo 1 ' 92 92 91 14% 14 14% 11% 11% 84 35 *79 6% 684 *6% 18% 18% 18 18 : *17% 42% *40% 42% 40% 11% 41 *41 42 11% 81 *86 87 33% 78% 79 78% 14% 14% *97 99 ,*97 15%* 8% 8% 25 *80 83% *44 16% 77 11% 11% 15 98 98 75 Jan 33 Apr 6% Jan 24% Feb Jan May May 16 *3 is 8*8 1734 8% 25% 25% 83% *80 47% 167g 8% *25% 26 *80 83% *80 47% 16% *44 47% *44. *16% 17% *3 37g *3 3l2 *15 1578 ♦15 1534 IOI4 37S 1012 10*8 10U lOU 10l4 16 9 1678 11 2,900 15% 210 17% 834 500 32,400 2,000 *44 25% 83% 47% *16% 17% 400 *3 *3 314 1512 1012 1512 *1038 *3 3% 16% 10% *15% 3% 15% 10% • *J5 10% 10% 110 110 "21*8 22" 22 8% 2178 2238 22 8I4 22ig 22 22% *27 27i2 ♦27 27% 2738 271 2712 27i2 *27% 28% 28% *10t2 1184 11% *10*8 13 *11 13 83s 834 *10i2 8'4 8*8 8 378 4 >8 37g 4's 334 *109 *109 112 y-Sjlf.-r •1738 112 8'4 2134 % 18 , 8'2 331 ' 14 14 -,*1378^.14 *24 >24% ; ,243s 24lz *35^36% :*?5i2 17i2 1784 , 70 70 8i2 8*2 8i2 *33 36 14% ;; 14 24i2 ;24% * *19% 10i2 2014 1034 67»4 07l2 123i4 12414 8i2 16% 16% 25 2 5 25 3834 37% 37% 17 17% *70i2 8U 36 *34 36 20% 11% 68% 8% 35% 8% 68 68I4 70i2 68 12212 122% 121 122 15 15 14lg 15i2 15's 3U 314 *87g 9lg 10 ►112% 120 120 140 144 143i4 125i2 "125*8 127 11412 114i2 *113 % Aue 6% May 2% May 5% May July 10 Feb Apr 110% Mar 1% Jan 10% Apr 4% Apr 8% Apr 2% Jan 5% Nov V 78 Dec July 21 23% Nov Deo 26 106% Jan 22 93% May 108% Dec Dec 10 16% July 22 5% Aug 109% Nov 9% May Dec 10 Jan 3 217g Dec 31 6% Feb 3 35% Feb 14 2% Dec 10 17% Feb 24 15% Apr 25 9% Dec 48 30 ►112% *14312 144 *12518 125i2 142i2 125i2 *11312 11414 114i4 O A O 1950 ♦External sink fund g 8s 9 Dec 24 33 May 4% May 27% May 2 52% Jan 254 pref...100 88 Dec 15 Apr 2*8 *175 *175 176 31% *14i2 21l2 1234 ♦34 uu 31»4 15l2 • 27 2714 234 23.1 13812 139 19 (The) Cream of Wheat Corp Crown Cork & 27g Dec 10 Dec 18 May 25 Jan 33 Apr 70 25% May May May 40% Dec May 165 4 May *175 176 176 3134 2134 1234 22U 3134 *1412 22*8 1338 13 127s 15'2 'I . V* •• 3l'4 28*8 30'2 *2712 31l2 3n2 2412 24 24i2 24 45 44U 4414 *4414 *4234 IO9I4 ►108 108 109 3 3 70 *66l2 72 72 72> 2 '11% *71% 8% 8% No par 80 Dee 9 28 Dec 9 6 Dec 19 5% conv preferred------100 Cuba RR 6% preferred 100 Sugar—100 Preferred.....-—--—-.100 Cuban-American 100 5A% conv preferred 30 5 ..-.100 Cudahy Packing Co. Cuneo Press Inc.. 4A% preferred (The)—No par Preferred No par Prior preferred-——No par Curtiss-Wright. .--1 Class A 1 Cushman's Sons Inc 7 % pf.100 73% Dec 10 l%May 41'% Feb 20 *7634 90 *75i2 7 20% 12% - $8 preferred —..No par Cutler-Hammer Ino...No par 94 32% 3% May 7% Jan 38% 45% Apr 12 July May 75 Oct h 6*8 6*8 434 4i2 3534 Dec 10 75% Oct Dec 12% Dec 10 98 Dec 30 % Dec 26 13% Dec 26 Dec 19 16 6% Dec 10 24 Dec 10 80 Dec 26 42% Feb 4 14% Dec 10 68% 120 12134 *14% 15% 700 11,600 750 1,000 27g Dec 31 14% Dec 15 pf. 100 Decca Records Inc.. -.1 Deere & Co.— No par Preferred.. ...20 Deisel-Wemmer-Gilbert 10 Delaware & Hudson—--.100 Delaware Lack & Western.-50 Dayton Pow & Lt 4 A % JDenv & R G West Detroit Edison. 2,700 75 6% partic 700 preferred......25 1% May 3% Aug May No par Co Dixie-Vortex Class A.—------No par 120 12 12% 4,900 Dome Mines Ltd 60S4 67% 4,100 Douglas Aircraft Dow Chemical Co 1484 14% 2,000 1,600 Doehler Die Casting Co Dresser Mfg No par No par 178 Jan 35 "*lh 47g 24i2 *l4 3614 78 1% 5 24i2 h - 139 140% 136% 138 500 126l2 120% 24 1% 1234 2% 140 *174 175 Co 40 No par 8% preferred -.—.100 Du P de Nem (E I) & Co...20 $4.50 preferred. No par Duquesne Light 5% 1st pf.100 31% *147g 2234 13% 7I 1% 22% 12% % 1% 31% 31% 27% *26 31 3134 24% 31% *23% 46 *44% *23% *44% *108 10934 '108 234 24% 2% 3,300 Eastern Airlines Inc 31% 45 Jan 31 9 34% Feb 10 .1953 6Hs— Rio Grande do Sul (State of)1946 ♦8s extl loan of 1921 ♦Extl 9 1 10% Sept 20 ♦6s extl s f g — ... .1968 J D *31 .1966 MN .1967 J D .1952 A 31% 2% 2% 9% 38 7A 10 M 27 8A O f ♦Rome (City) extlC^s 10 A 29% Feb 4% Oct 51 June Jan May J 1936 J J 33 —1950 1956 J J 27 M M 8 25 1968 J J 1940 A 0 ♦,8s external- - {♦Secured s f , 7s With declaration.. ♦7s series 92 60 May 14% May 23 Oct Sept 8 3 May 13% May 11% Oct 3 3% May 5% Sept 12 18 114 107 Jan 24 "28% Sept 18 30% Aug 7 6 Dec 9 2% Feb 19 %»Sept 23 16% Dec 29 12% Dec 17 18% Jan 2 14 July 31 6% Aug 1 % Aug 12 23% Apr 13% May 21 114 Nov "23% *7234 79 79 *79 90 *%i h 6 414 6% 412 4% 36 35 k 78 81% 19% Apr 23% Jan %»Dec , 5% % Jan Jan Dec 23 20% Sept 15 29% Jan 11 33 Dec 29 41 3 12% May 25% May 32 May . < 23%. Jan 36% Apr 43% Feb May 7 3 10% Jan 10 18% Jan 11 4% May 12% May 10% Feb 20% Nov 86 56% May 86 6 9 11%Nov 10 32% Dec 27 23% Jan 28 17% July 14 May 31 2% Dec 10 Dec 24 6 105 Aug 4 79 Jan 141% Jan 9 4 23%June 24 6% Jan 65% July 127% Nov 14% Jan 6 May 9% June 8 10% July 29 117 Jan 9 136% Dec 24 164% Jan 7 12078 Feb 14 127 9 118 111% July 11% May Dec 15 May 2 113 Oct 146% May May 112% May 114 171 30 Apr 10 Mar 13% 120 24 May 14 34 Jan 25% June 2 44% May 6% Nov 3 May June 166% Jan 155 June 180 Dec May 100 37 17% Jan % 1% 32 41% Apr 18% Apr 1% Jan 3 Electric Boat Dec 10 10 4,200 Elec & Mus Ind Am shares- % Jan 9,800 Electric Power & Light.No par % Dec 24 40 7 % No par $7 preferred... $6 preferred.. ..No par Elec Storage Battery...No par El Paso Natural Gas ...3 Endicott Johnson Corp.—50 5% preferred .—..100 4% 35% k_ 78 2U "2% 2% 484 2434 *»4 484 24% .434 2434 *% 5% 5 2534 25 % % "'2% »932 6,700 c Engineers Public Service....1 $5 preferred 27% Feb 23% Feb 26% Dec 21% Dec 39% Feb 107% Nov 4 19 19 26 29 14 24 May 10% May 6 % Dec May I8I2 May 15% May 34% Aug 29 x24%June 78 Aug 5 4% Jan 11 39%Nqv 36% Nov 6 • 3 7 26 47% Sept 22 35 33 July 113 Oct 14 7 Jan 11 8% 74 ""306 90 20 102 Jan Dec 27 83% July 17 66 89% July 24 77 Dec Equitable Office BJdg..No par {Erie RR common w l.No par 4% Dec 10 % 3,400 41,050 Ctfs of benef lnt 36% 10,400 5% pref series A 5 25% hi 78 2% 5 25 *931 w L.No par w 1 100 Erie & Pitts RR Co 50 2% T, 900 5% 25% 2,000 Evans Products Co 1,800 Ex-Cell-0 Corp 3 Exchange Buffet Corp..$2.50 3g 5% May 63 69 6% 5% * 2% Dec 10 64% Dec 29 74% Dec 19 *% 2% 59 A 50 43 M 69 A 26 A 26A 26H A 5M 5A 3A 4 9 6M ~4M 4M 4 9 *36 237g *8 *86 20i2 *9 38 2534 8i4 93 21 9i2 25 37l2 24% 25*8 8 92i2 21 9 25 '734 8% *86 36 *86 2114 9 For footnotes see page 8% 92% 21% 21% 9% 9% 178. 36 24% *8 ►86% 21% *9% 36 2434 8% 92% 21% 10 *36% 24% *8 *86% *21 9% 37% 247g 8% 93 21% 9% 36% 24'% ♦8 3612 27% 8% *86% 21% 12,800 600 93 *21 900 Eureka Vaouum Cleaner 5 —5 /' Jan Apr Mar 112 80% Apr %»Nov 25 2% Dec 9 30% Dec 29 75 Feb 28 1% Dec 13 4 % Dec % Jan 30 10 Jan Jan 97 Jan % Jan 4 42% Nov 5 . .1952 *9% 10 1,100 300 80 A 6% 30 50A 44 14A 25, 21 34 54 38 With declaration 42 1 U 55 *59 59 48 ♦Uruguay (Republic) extl 8s..1946 F A ♦External s f 6s—.....—.1960 M N ♦External s f 6s 1964 MN 60 57 1979 57 39 A 60 35A 35H. 57 41A 36A 60A 47 O 11 28 MN 4 12 MN 56 M 3?*-4-4 Ha ($ bonds of 1937)External conversion 1979 MN 3H-4H-4%» extl conv...—.1978 J D 4-4H-4H8 extl read]... 1978 F A 3Hs extl readjustment 1984 J J ♦Venetian Prov Mtge Bank 7sl952 A 1952 ♦Vienna (City of) 6s 54 M 57 H 55 *50 MM Feb 28 75 67% Aug 2 2% Deo 9 8 5 9 30% Jan 6 %« Dec 4 % Jan 7 20% % : 55 Light & Traction...15 $6 preferred No par Federal Min & Smelt Co 2 Federal-Mogul Corp 5 Dec 10 16%June24 6% Dec 26 May 2\ 19% Dec 29 90 8% Dec 12 56M , 56M 58 50 *45 55A A qivL' external 7s...1958 ' assented 1958 F A •*3M F A »3H iHi 9A — 3 - 4 With declaration 9 a 4a May Jan Oct 30 With declaration 45% Jan 3 2478 Mar 10 32 RAILROAD and INDUSTRIAL COMPANIES tAbitlbl Power & Paper— 1953 J 4s.... 1907 10-year deb 4^8 stamped— t♦Adriatic Elec Co extl 7s... Ala Gt Southern 1st cons A 5s. 1st cons 4s series B 1947 J 1946 F 67% Aug 5 Feb 11% 1 Jan A 43 A 49 99 A 08 M 1943 J 106 106 49% Apf 31% Apr 18% Apr A 107 A 20 25 107 A 110 A D *— 10GH 105A 107 H *53 56 48 59 *53 60 41 54 A 83 83 75 A 85 75 , 80 — ... .... .1944 F A .1949 J D A O 5s modified--.-.-—.—-• .1950 .1950 A O ♦5s income Aliegh & West 1st gu Allied Stores Corp .1998 A 4s 4s 4^8 debs...1951 F M "62M 58 M S MN 90 91H 130 84 93 A 74 M 60 75M 42 68A 79A 62M 48 58 65 A 56 Yx 59 51 52 63 A 59A 73 *60 100932 A .1955 M S .2030 M 8 ^♦Alplue-Montan Steel 7s Am & Foreign Pow deb 5s .1949 Araer I G Chern conv 6Hs Am Internat Corp conv 5Ms...1949 American Telep «te Teleg— 85 90 O .1942 M S Allis-Chalmers Mfg conv 4s....1952 100®33 103 H i07~M "~60H 104 107 M "52" *69 A M 23 100A 104H 97 M 100 12 102 108 107 H 108A D 107 H 52 107H 107H 107M 108H M S 109K 407 \ Afk <Sf Mem Br & 5sr... F A (Del) 4s B_..... 1035 Armour <fe Co May June 26% July 24 16 July 29% Jan General 4s 14% Jan 24 12% Aug 16% Oct 100 103 110H 105H 110K 107H 113X 105 101A 108 107 X 107H 106 39 66 64H ivyiixA 67 49 71A 98A 100 A ■ »«7i 'I04^i 111 102 A 106$* "40" lUM 165 100 107 101 107 1957 J 105 104 H 105 ...1995 A O 108 X 107H 108% Adjustment gold 4s 97 A 106 105 ►105^ J 1st s f 4a ser C (Del) 11 108 A 129 J 97 M 106 67 104 O J J Founders conv deb,,. 1950 MN Wks & Elec 6s ser A.. 1975 O deb 4Hs.. 1950 85 28 " 60 J Am Type Jan 27 107H 100 A 104 102 105H .1966 J — 3%sdebentures Mar 17 1005,fi 103 A .1961 A 3s oonv deb.........——■.1956 13 Mar 58 H A O 100 102 100 D 1943 J 70 102 A 98 A 103 A .1946 A O .1946 A O Alb & Susq 1st guar 3Hs Am Wat 55M 1952 A O 6s.. .1948 3H s registered Alleghany Corp— Apr 34% May D 66 M 100%' 98H 65 A O assented—.. .1948 Albany Perfor Wrap Pap 6s with warr D 1948 M S 65H 54 M 100 M 1953 J D Anaconda Cop Mln 29%June 17% May 57 A 32 1961 J D TfYokohama (City) extl 6s Jan ♦Anglo-Chilean Nitrate deb... ,1967 1996 Q J JAnn Arbor 1st g 4s 32 60 w ♦Warsaw (City) 3 Hs debentures 21% Dec Dec Jan 89 Aug 22 7% Aug 3% Jan 8% Jan 4 12% 83 ' Fairbanks Morse & Co. No par Fajardo 8ug Co of Pr Rico.-20 Federal 7.6A 55 4M 58 58 A 10 5A A -3A 3M 20A — 1964 M s 36 30 21 5s modified-.--. 33% May 46 par 5 36% 54 External 8 f 5Ms guar......1961 AO 36% Nov May May No 6% 36% 28 A 30 40% Nov 41% No par $5 A preferred $6 preferred 1. 8,700 30 H 15H With declaration tTokyo City 5s loan of 1912 5s modified May May May ...No par 5 78 "i«4 27g 71 6% 32 6% 6% 4% 36% 2% *66% *72% *81% 16 A 16 3 4 Apr 10% May 25 109% 1 22 6A 59H 27 A V. 25 1 25 Jan 189% Apr 129% Dec 118% Jan 22 200 27H 20 A. Jan l778Sept 8 3378 Jan 10 17% Jan 6 48 42 Apr 3678 Jan 10 *46 26 94% May Dec 18 600 3 Feb 24% Apr 23% Jan Dec May 17% Dec 27 23% 10 33 Apr 38 14 . 14% 3012 May 37% Oct 30 17 14% Feb 14 ^ 17 A 16 A 11 32 De! Jan 27 800 9A 8M 11 1962 AfN ♦4 kjS asse nted ♦4 Ms 2 1,200 54 A 1 With declaration..... 3!,; 4 1,600 7 11A 28% May z% 1% 81% MN 60 Apr June -11% May 8% May 2% Dec 7 21 Jan June • 5% Mar 18% Nov 8% Apr Electric Auto-Lite (The)..-.5 31% 25 M 70 64 Mar Sept Edison Bros Stores Inc 28% 16 Jj 11A 66 M N ...» B sec extl.—>. 32% Mar June Eaton Manufacturing Co 31% J M S f ♦Saxon State Mtge Inst 7s...1945 J D ♦Sinking fund g 65^8 —1946 J D Serbs Croats & Slovenes (Kingdom) ♦8s secured extl— 1962 MN 35% Oct 11% Mar 100 31% 27% 32 22 M ^1 ♦Saarbruecken (City) 6s 1953 Santa Fe extls f 4s 1961 ♦Sao Paulo (City of. Brazil) 8s.1952 ♦6^s extl secured s f—1957 S 117 6% cum preferred P *36 8 14 H 12 12 M 12H 16 H J 800 11,500 A' 7 A M 5,900 1 2% *72i4 .12 8% 9M *9 A J Apr 1478 109% *108 90 5% 9 1971 17 22% 13 23% 46% 73 24*4 13 Jan 1478 74 *b 12 A UA ♦3H- 22% 12% 71 4'8 2434 9% ♦7s extl loan of 1926 14 6H 10A O 27 7M 56 A 5% Jan 23 10 24 *66 9 A A 45 A 42 July 14 92 H 9A D 145% Sept 18 182% Jan 9 176 27% 31% *71 1*8 11 h* 8A J 17g Deo 10 Eastman Kodak (N 78 138 31% 74 78 10 F 75 8 "' 6 A F 120%May 26 160 Apr 29 2,700 13% 71 "lh 10 H Ox F sec ^♦Sileslan Landowners Assn 63.1947 Sydney (City) s I 5^8 1955 Dec 29% Dec 6% July 21% May 29% Jan 10 90 Aug 12 47% Mar 29 27 59 With declaration 1% 27 R *3M —.5 Eastern Rolling Mills 139 15% 22% 284 *66% 3 4 <8 75 D J).No par 1,900 137 *174 176 3184 15% 24% 25% 2% 140% 31% 27% 28 >8 31*8 24U 4614 24% 25 2% 2% 140% 141 »u 3 3012 72 J 4% 19% June 6 Apr 30 9% Dec 23 z9% Dec 30 59% D8C 9 No par No par 2/111% Sept 16 ..No par 12% Dec 18 8,100 *812 112% 120 74 1 75 A 1958 1958 Dec 16 99 27 8% May 91% Feq 45% Dec 9% May 2 18% Feb 19 27 12%May 12 65 Dec 24 135% 1363s 126 126 125% 126% ►113% 114 114i2 114% *112% 120 3»4 9% 2 Ltd.No par 5% pref with warrants..100 Distil Corp-Seagr's 300 119% 109%JuIy 678 Apr 21 3538 118 6% Apr 18 Diamond T Motor Car Co.-.2 300 83s 6% pf.100 .—-20 Devoe & Raynolds A—No par Diamond Match——No par 400 400 17% Corp......-.5 5% preferred..—-.25 Davison Chemical Co (The). 1 Duplan Corp 3134 *1434 22% 3 6* F 47% Dec 45% Dec Jan 23 5 ♦Silesia (Prov of) extl 7s z99 60 16% Jan 25 25 12 A 8 V, 5 AO f ♦Rhine-Main-Danube 7s A.. .1950 M S ♦Rio de Janeiro (City of) 8s._ .1946 A O external readjustment Dunhill International....—1 175 108 4*8 7A 23 S 21% May 95% May May May 25 4 Dec Feb 18% June 47% Jan 3 98% Jan 6 13% Nov 22 8% Sept '5 127% Sept 77 Nov 106 17% Dec 36 12 12H 3Ji8-4-4]48 ($ bonds of 1937) Conv 20% 35% 68% 71 7m ti 6i2 4i2 J MN M A • T]Talwan Elec Pow s f 5^s 8 Curtis Pub Co -_- 6 3% Feb 15 Feb 15 72 Apr Jan Juue 4 Amer.No par $5 conv preferred *20 35% *6634 3% 71 J 63—..1947 Queensland (State) extl Atlegh Val gen guar g 278 *66 10 RM 12 12 16 ♦6s extl dollar loan Apr 75 Jan 15% Jan 300 1% 3138 31U *2714 31U 28*8 31 31% *27i4 30i2 24i2 D .....1952 ♦7s extl water loan 7% Jan 16 Dec 10 200 uit 1 J With declaration Jan 1% 24% June 10 Corp. *3% 3% 334 10 *8 8% *112% 120 *112% 120 31% 15i2 23U 1338 34 % 7, 1 ~VA 4 1961 ♦Extl loan 7^s_— 1966 ♦Prague (Greater City) 7^8...1952 1♦Prussia (Free State) extl 6H81951 ♦Porto Alegre (City of) 8s Deo 65. May 13 3878 Dec 12 4% Jan 15 61% JftO 184 %»Sept % Jan 14 1978 Jan 10 5 $2.25convprefww..No par Crown Zellerbach Crucible Steel of 41 8 9 July 15 27% Jan 10 45% Jan No par Seal....No par " 8, 27i2 234 234 13914 140 3184 *14l2 2H2 *31 *108 27 'I'm 0M SH *9j% 7% 4H 14H 1 Apr 9% Apr 40% Mur 4% Feb 47 182% Jan 10 4?8 Jan 4 12 vlOM 3 A With declaration Coll trust 4s of 27i2 8 7% J 1963 *4 Ms assented Adams Express colltrg 140 J *4 3 A 49% 16% June 18% May 15% Mar Dec 31 107 10<2 Dec 27 Crane Co 5% conv Mar 31 13H 3 A With declaration.. ♦Stamped 2712 2i2 7M 11H 10 15 m High 12 4 {♦5sserle8 A unstamped *138 6M 4 "m "~i 7H 14 ~7% ♦7s municipal loan 19% June "~97%"5an 70 40% Jan 8 10 Sept 3 457g Sept 30 4% Jan 2 27% Nov 23% Jan 14 1878 Jan 2 56% Sept 27 Deo *3% *3i8 3*8 *8i2 20% 17% 17% •% "18 9 9 75 ♦71 20 < 9 Q 9% 17% 1138 8i2 *112%r120 1478 11'8 123 ♦% r 25 *37s4 3784 11 33g 24,400 14ig ' 25 • 37 t1078 1512 "12", 700 4% His • ,,25 *1912 1112 123 9 4 17% 20% 334 8% 4% % ♦19i2 15i2 1512 *3 8% 378 18% 16% 20 68 1,300 % *3314 8*2 1,500 8% 73 81*;. 10 13 177g 1734 8*2 *11 %J . *9 70 600 6,600 18*8 '3618 70 " 28% .',1838 '32. 183» 8 8 884 4 334 9i8 17i2 36 v 734 1 17*8 1712 *11 812 30 112 8U "a 4 * 9 *33 IH4 72 9 ♦68% ♦107 8'4 18% 37 *87g , 112 'n. '32 ::i734. 48i8 A 1968 *4 Ms assented With declaration 7H Dec 978 32% 2% May 8% May 11 Coty Internal Corp.-..- Davega Stores 200 *108 110 *734 8 22% 22% *109 1947 ♦Stabilization loan s f 7s 1941 No. Low 9912 Deo 100 D *15 .17 O High *7 Apr 4% May 21% May 97% May 7% July 31 .1 —1 25 Coty Inc. 60 16% 9% 16% 99 1734 83% 16% *97 *15% 25% 47% 400 *8 15% *17% 8% 25% 8% 24% 16% 16 % *8 16 *1434 98 98 % 800 16% *1434 18% 8% *44 47% *1534 Jan 15 l%July 170 Crane Co..... ""766 7634 1178 18% *44 22,700 77 *17% 83% 63 8% July 10 23% Jan 13 107% Jan ....—100 Preferred 127 *75 18% *80 1,620 8% 734 *119 *1134 17 24% 12*8 1134 7% 11% 15% 18 *80 O A ♦Externals f 6s 7% 6%May 21 9% Nov 22 Corn Exch Bank Trust Co„20 «■: 28% Dec 22 42% Apr 21 Corn Products Refining....25 10 500 76% 17 18% 85g 24% 18 18 *24% 78 127 *119 16 15 15% 88 3334 78 11% % h l9 % 7u 1S31 33% 12 7% 8 127 3,100 4,000 *86% 78% 76% 99 *97 99 73% May 14 1578 Jan 16 97% Jan 28 Dec 23 2% Dec 10 Copperweld Steel Co..—-.5 Conv pref 5% series .50 200 11 33 11% 12 7% 12% '12% 11% 14% 12% 14% 78% 12 1034 88 3234 78% 33% *119 11% *87 88 32% 34% *6% 11% 11% 11% *85 May 16% Apr 1% June 2% May 18% Aug 28 23% Dec 11 Mar V 25% .Tune Jan 10 103 113 May 42 3% Jan 13 79 20 Continental Diamond Fibre.5 Continental Insurance.. -$2.50 Continental Motors.. 1 Continental Oil of Del...._.5 Continental Steel Corp.No par Crosley Corp (The) 634 18% 12 *13% 2,700 *63s 11% 11 11 10% 11 8 7% 7% 8% 8% 7% 127 *118% -126% *118 *118% 124 76 76 76 75% , 75% 75% 12% 2,400 6% 35% 12% 130 14% 18% ; 12 94 14% *40% 87 *79 80% *91% 300 3,200 18 11% *85 36 800 12 13% 13% 92 14% 3% lg". 718 13%" *6% 30% Jan 11 4 56 Feb Apr % Dec 27g Feb 15 Continental Can Inc... 90 *3 71S 13% 14% 11% 400 31% 3% 3's 3% 3% h 14 95% 42% 3,200 55 164 14% 35% 1134 165% 165% 5514 164 95% 84 734 *30% ,30% 55' 55% 106 166 14 6% A 1958 ♦4 Ms assented {♦San Paulo (State) 8s 171 *71S 24% 12U *lli2 18 8 % Feb 15 100 8% preferred 97 1% Dec 30 Continental Bak Co...No par 400 500 19U 13% *40% 3,400 19% *18% • 95% 44 11 % Dec 10 Dec 27 7 Consol RR of Cuba Container Corp of 9,600 3l2 13 *41 93 Amerlca.25 $5 preferred V.soo 11,100 19 42 13% 95% 17 Consumers Pow $4.50 pfNo par r 3% 19 *6% 14 21% 19% *7% 41»8 125/ 6% 5% conv preferred.....100 41% 207g 3 800 3% 20*8 % Dec 24 5 20*4 *18% 11% 3% 20% 3% 11% Dec 18 Consol Edison of N Y..No par 6% pf.100 Consolidation Coal Co 25 7,700 1,100 3,000 3% 1332 May 23 4% Dec 10 Consol Oil Corp.......No par 278 24 7% 24 20% 545g 90 Corp...5 x82 *9934 102 3% 31% Low (Concl.) 5*PoIand (Rep of) gold 6s.—1940 Range for Year /■a Friday's «fe Asked Bid With declaration 24% *166 Dec 23 5,500 13 234 102 21% 32% 17 .. 27g 2S4 234 234 102 77 100 6A% prior preferred...100 20,800 9534 13 41% 177 17 /- *94% 13 95 *6% v 96 1314 13 9 9% Dec 24 ..No par Consol Film Industries 1 $2 partiopreferred...No par Consol Laundries Corp......5 23 13 96 *21 *94*8 -23 *94 Dec 10 8% Mar Deo June Jan 15 IPs July 28 2 Apr 98% June 32 65% July 200 2314 3778 Jan 10 110 June 95 2 18% Dec 7% preferred Consol Coppermlnes 7 "u Jan 100 *8% *1% 5% *21 23 13% 13% f 12% 5*8 5i2 ■ 278 ' 95 : 41% 3% 3% 1335 9, 2 *13« 2 % **•?' ®16 ■ , 834 8*8 8*8 *H2 8*j 734 4114 33s 55% 54% *166 172 43,900 1,500 . Inc.No par Gongoleum-Nairn Mar 31 May 3% May 39% Dec 29 Consol Aircraft Corp... 1 Consolidated Cigar No par • 1334 ' *3% 5,200 12% 32 32-% 55 , vPY 20 6% 50 12% *40 50 96% 6% 7% 1% *19% 12% 11% ,*46 90% *82 600 July 11 77g Oct 22 9 % Dec $6 preferredserles...No par 60 3% 3% 21% "20% 20 19% 3% 21 19% 85% 7% 8 41% 3% 800 91% 102 24 24% 8 7% 22,500 10% 13% 96 13U 102 100 100 1934 10% 91 234 2% 2% 2% 100 16 19% 1334 124 *21 13% 13% 2% *98 157g 913s ,718 4i2 *9414 *94% , 4i2 95% 23 *93% 13% 2% Nov 29 13% Dec 29 13i2 538 23 *20 20 Conde Nast Pub Inc...No par 913s *91« 2 5% 6i2 4% "*4% 4% Commonwealth Edison Co.25 600 1334 r ' 4% 10,600 91 3. 8*8 108% 33g 1578 6*4 104% Oct 31 7% Dec 23 20 634 6*8 Dei 31 23% 23 6% 96 $4.25 conv pf ser '35.No par 1310 *ll2 5% 7% 100 100 4A% conv preferred Commoriw'lth & Sou..No par 9034 *916 2 ' 88 ♦83U Jan Commercial Solvents..No par *284 19*8 48 9*300 3-'% *1014 1034 85% 85i2 *94*8 100' 27% June 46,000 3,400 2338 8 .10 Commercial Credit 19% Dec 17 100 Dec 29 91 89% 89% *% % 8% 103.i 26 Comm'l Invest Trust..No par 6*8 137s 13l2 *% *8% 20% *94 9 6'2 12% " 6% 15% 10S4 14% Mav , 11,800 338 *15% $ per share 28% Aug 28 8,900 ~ $ per share 4%May 16 21% Apr 17 16% Dec 18 $2.75 oonv preferred.No par 300 $ per share Dec 30 64 Columbia Pictures.....No par 100 23 iS 23*8 338 1534 20 1034 "8 1034 10% *9514 Highest 71 17*8 9634 1714 9634 Lowest 83 400 - 14312 23 22% 23 3% 3% *14% ,15% 20% 21% 10% 10% *84 °32 43 43 43 17*8 $ per share Columbian Carbon Co-No par 6's *23 97 22 22% 21% 22's 2H2 *102iS 110 1091s ►10034 110 878 9 9% 9*8 9 9aj n82 ]4 *18 43 43*8 '42% 43% 43% 21 h 17 97 *95 21% 20a8 6 24 100 247g *5*4 6 24 171, 1634 1612 Shares $ per share *09 72 70 25 *23 97 *95 S18 % % 732 16% - . *1003.1 *100% 104% *10012 106 878 8% 9'4 93g 9% iio 9 .. 66%,,,,00% *5*r 63s 26 20% "20% 20% .20% *100 " 68 5% *24 6% *5% 5% 5% 68 *65% 70 *65 share S ver share I $ per *67 S ner share $ per share ...Highest Week's » Range or Sale Price Foreign Govt. & Mun. • 5 per t,hare ill N. Y. STOCK EXCHANGE YearJ940 Week Ended Jan. 9 Week Jan* 9 • ■dLast BONDS Range for Previous On Basis of 100-8/jare Lots EXCHANGE the" Friday Thursday Jan. 8 Wednesday Jan.7 Tuesday Monday STOCKS for Saturday Jan. 3 Sales SALE PRICES LOW AND HIGH Atchison Top & Santa Fe— For footnotes see page 1996 179. Nov 93 83 105H 111K 86 A 93A Volume 155 Number 4032 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD Friday BONDS I* Week Ended Jan. 9 Nft, Range Sale Bid & Asked la (§5 LOW AND HIGH Railroad & Indus. Cos. (Corn.) Low MN High 89 87% No. Low Conv gold 4s of 1909.-,. .-1955 J Conv 4s of 1905.—.1955 J D mx 101 ^ D mx 101 D 97 x 105 i960 Rocky Mtn Div 1st 4s—1965 J / J Trans-Con Short L 1st 4s—1958 J J Cal-Ariz 1st & ref 4Xb A—1962 M 8 105 94% 97 103% 97% 103% 95% 101 1 100% 105 * 1 3 4 97 X 1 105 3% *17 1734 41 112% 111% 111 112% *35% mx 111% 100% 10 97% 101% 9% 101 101% 3 99% 102% 72 81% *12 ♦ioo General unified 4^sA...... 1964 J D 10-year coll tr 5s_—May 1 1945 MN Oct 1952 MN 1948 J 1948 J J Second mortgage 4s........ J Atl Gulf <fe W I SS coll tr 5s— 1959 J J 1953 M S Atlantic Refining dob 3s...... 80 X 81% 65 H 64 X 66 176 56 95 X 97% 122 69 X 72 170 65% 35 75 Ref <fe gen ser to Dec 32 35 18 29% 38 *32 25 X 29% 36 24 34% *31% 99% 5 1134 104% 12 75% 104% 103 106% 61% 70' 53% 64% J D 36 u 34% 37 1995 J D 41X 37 H 8% 91 56% 36% 47% 31 99 53% ?94 1% 1% 2% 26 380 Pgh L E & W Va System— Ref g 4s extended to....1951 MN S'west Div 1st M (int at 3X % 1 1947) due 1950 J J ./ Toledo Cin Div ref 4s A....1959 J V: to Jan J Bangor A Aroostook 1st 5s....1943 Con ref 4s .........-.-1951 ♦Berlin CitY El 4 5H 41% 46% 45% 48% 123 36% 43% 50% 58% 48 X 26 ♦Deb sinking f 1959 fund 6Xs 97 96 52 X 51 X 97% 53% 53% 49% 49 *42 84 26 83 79% 108 108 130 96% 97 D 4 1944 J A 104 104X mx 104% 101% 102 103 X 103 103% A ...1961 JJ ♦Inc mtge J 4 Mis ser'A—July 1970 MN {•Boston ANY Air L F Bklyn Edison cons M N 1st 4s..l955 M 3)£s--.1966 Bklyn Union El 1st g 5s 1950 F A A Debenture gold J 1st lien A ref fl/N 5s 1950 5sseries B..._ 1957 Buffalo Gen Elec 4^8 B 1981 Buff Nlag Elec 3^8 series C..19b7 Buffalo Rochester A Pgh Ry— Stamped modified (interest at 1957 3% m 1946> due- F J D 38X 17 108% 14 3734 187g 68 81% 12 267 35 16 108% 103 X 2 102 111% 113% 95% 107% 111 114 83 24 113% 37% 184 39 5% 5% 71 32 3% 3% ,*76% 80% 57 71 82 1 106 '82' 80% 105% ■'7, 106% 44 129 321] 125 90 98 *129 - 29 3% 73 108 100 43 44 2,400 Gen Am 4 2,700 11234 113 500 General Baking $8 preferred 6 12 24 *22% 18% * 834 *851" Coll trust gold 5s ——...1954 67% 93% 105 7 9% 83% 9% 73 12% ,19% •11% *1334 7% - 7% 49% 14 8% 33g ; 4s 18 A Cclotex Corp deb 4Xb w W--.1947 ♦Cent Branch IJ P 1st g 4s ♦ Nov 1945 1st mtge 5s...... F 52 76 83% 48 41 98% 93% 24% 100 97% 103 ,94% 88 97% 17% 32% 42% ^♦Consol gold 5s_. ......1945 series B 1959 A O 5s series C__ 1959 .4 O 4s..l951 J D ♦Mobile Div 1st g 5s 1946 J J 12% 43 24% *37 46 * 10% 28% 12% 254 3% 3% 26 5% 1% 3 3% 3% *12% 15% *7% 13% 5% 5% 112% 62% 112% 108% {♦Cent New Engl 1st gu 4s.... 1961 {♦Central of N J gen g 5s .1987 4s 16% 1987 J J 15 14% 1987 14 15 registered..——.....1987 Cent Pac 1st ref gu gold 4s...1949 73 Through Short L 1st gu 4s. 1954 "54% Central RR A Bkg of Ga 5s.1942 MN Certain-teed Prod 5Hs 12% A...1948 M 8 69 8 f deb 4)48 .(1935 issue).-.1950 M Issue)...1950 M 8 104% 8 102% 11% 12% 82 • 104% 102% 55 16% 5% 5 16% 15% 112 70 22 19% 19% 19 150 65% 61 128% Ref A impt mtge 3Xb D....1996 UN 102% Ref A impt M 3f£s ser E...1996 F 102% Potts Creek Br 1st 4s R A A Div 1st con g 2d consol gold 4s 1946 4s.....1989 A J J 101 101% J J 126% 1989 J J 128% 102% 102% • 8% 8% 7 ♦110 119 4 22 18% June 35 9% May 61 May 2% Aug 21% Apr Jan 6% Sept 7 Dec 8 7 Jan Sept 20 July 31 May 32 Nov Jan 118 Det 6% Apr 41 Dec 24% May 39% Deo 1% May 8% Sept 6% Apr 29 Aug 1 23% Ju 99 v* 110 General Mills.. 5% preferred 9% 100 111 12 141" 112 *109 3% 76% 75% 1334 13% 41 41 41 2% 82 13% *40 *47% 5% *59 2% *2% 82 .*75%, 133g 55% 1438 58 63% 2% *79 1334 : 65 2% ; *2 65 12 63 *2% ,65 ; : 2% 82 *79 67 ' % % 1%4 4% 4% 8% 7% 4% *734 *634 7% 7 8i" *71" 8 - *7% "7 7,% 30 16% 23% 33% 12 % 5% 83g 119% 20 Sept 118 116 Sept 77% May 37% May May 32% June 3% June 7 4% Jan Mar 4 14% Apr 61 May 7% Apr 105 Deo 67% 8% Jan Jan 146 Jan 4% Sept 11% Jan 29% Apr 89% Nov 22 Nov 120 Deo 41 Jan 49% Apr Jan 118% Jan % 44 Jan 101 Apr 131 Deo 68% Apr 127% Mar 60 Deo 7% Apr ....1 4% Dec 27 105%May 12 7% Jan 15 110% Nov 7 6 % Jan 27 % Nov 9 16% Jan 10 106% Jan 15 9% June 86% Jan % Dec 13% July 20 May 600 ; % Nov 18 16% A or 16 14 Deo 9 4% *734 65 f 7%: 3,900 ;; 100 1,900 1,300 Glmbel 7% *29".: 30 *30 31 24 *23% 15% 24 15% *23% 16% 2314 22% 23% 22% 26% 26% 26% 15% 30 *23% 15% 2234 1534 23% 53 *2334 3 60 *54 >< 60 33% *33% 33% 32% 12% •1134 *11% 13% 12 11 *11% 1334 111" 14% 2% *21" 53 *45 3 *54 12% 11 " 3 21 150 *140 26% 26% *140% 141% 34 *45 13% 2% " '*2% 53 2% 20% 2% *2% 20% 2034 21% 24% *24: 24% *24 _ 24% 33 *3234 *10% *47 3 21% 33 *2% 20% *54 Dec he Dec 22 2 Dec Dec Deo 30 $5 conv preferred....No par Gotham Silk Hose 4.100 100 11,200 3,500 70 "T400 12 12%" 11 11 8,200 1,000 14 14 52 54% 3 21 3% 21% 2414 3% Dec 10 6% Dec 24 5 No par Grant (W T) Co..... . 6% Dec 18 5 • Dec 9 ;J-: ■: 3,500 4,400 160 1.800 6,300 10 Jan 11C Jan 1% Jan 19% Jan 106% Deo wu Apr 18% Apr 33% Jan 14% Jan 65% Nov 1811 Dec 9 July 24 10 6 45 May May Oct Jan 27 3% July ' 12% May 18 90 68' Nov 17 69 1% Jan 11 6% Jan 1334 Jan 13% Jan 1234 Jan 25% Jan 6 7 6 2 16 22 28 22 June lSg Dec 25 May % May 4% May 9% June 6% June 10 May 26 May 21% May ll'g May 15% May 24% Mar 13% *an 23% 106 .. pr May 23% Jan 6% Mar 61% Mar 9 Nov 66 Jan 193« Jan 6 Deo 4% Apr 3% Apr Sept 20% Apr 69% Mar 24% Apr 97% Feb 4% Feb 90 71% Jan 1% Jan 9% Apr 14% 12% 1634 36% 25% 18% 30 Jan Deo Apr Apr July Jan Nov ' Great Western Sugar. .No par Preferred 100 100 Green (H L) Co Inc., .1 Greyhound Corp (The).No par 5X% conv preferred,.... 10 135 Dee 2 17 42 Mar 26 19% Jan 29%May 27 9%May 5 10%June27 Corp.—1 f.10% Dec 10 Guantanamo Sugar No par 1% Feb 4 13 Jan 3 8% preferred -.100 Grumman Aircraft Gulf Mobile A Ohio RR No par $5 preferred 7434 18% Nov 28% July Mar Dec May 3ept 2034Sept 18 36% Jan Dec 23 /.Vif': :i%Nov ■gr-o 1% 2 77 91 U 30 23 28 9 Jan 12% Dec 10 10 Gr Nor Iron Ore Prop..No par Great Northern pref...No par 30 20 10 % Dec 10 1 No par Green Bay A West RR 12% 111" 1334 2% 21% June 5% preferred...20 "3,606 60 3 June 25 div ctfs.No par Without div ctfs Granite City Steel 24 15% 23% Dec 1 .100 Graham-Paige Motors Granby Coasol M S A P w 59 No par Preferred.. i: : Feb 4% May 43 May 11 May 30 May 2% Jan 25 2% Sept 4 Jan 10 31 Dec 29 98 10% May 3 Sept 30% Oct 46 9 80 9 Dec 74% Oct 6 17% Sept 18 24 24 10 Grand Union 32% 3 35 lfl«4 May 7% May 13% May . 9% Sept 12 11% Apr 19 • 32% 53 Deo 54 8,900 33 234 11 5% preferred.......No par Goodyear Tire A Rubb.No par 11,000 30 May 14% July 31 4% Sept 30 54 Dec 1 2%May 13 34%May 24 4% Dec 24 60 Feb 21 Goodrich Co (B F)____No par 400 5% 26% 27 141% 141% 60 112 6% Dec 29 No par ......1 Goebel Brewing Co......... 1 Gold A Stock Telegraph Co 100 De? 6 June 20 22 15 Mar 17 102 Brothers Aug 16% Jan 9% Dec 10 13 Gobel (Adolf)... 620 8 July 14 24 Det>27 16 1V Corp .No par $6 preferred ...No par GUdden Co (The).. No par 4X% conv preferred 50 400 8 8 7% 81 , 23g 65 June 10 80%Sept ' 34 5% *734 *634 8% *634 7% % July 24 Deo 5 29% Jan 11 11% Jan 10 9 8% Dec 5% May 100 25 46% Jan 30 Safety Razor ..No par $5 conv preferred No par 300 400 2% Dec 93%June 25 Gen Time Instru I,000 II,400 2% X9 ..100 Gen Theatre Eq Corp..No par 200 16*566 65 s,i2 Nov General Telephone Cor p.. .20 1,400 82 *62 Printing Ink ' 12 34 5% % 4 7% ■. 13% 2% ■?: 14 *48% No par 1% Feb 19 Feb 14 9 28 July 29 183g May 29% Jan 144% Aug 15 54 Dec 18 *123 142 Feb 27% Juiy 65 Jan 3634 Sept 2 1434 Sept 17 23 35% Apr 17% Jan 11% Apr 22 18%Sept 9 3% July 28 55 Dec 8 4% Aug 23% Dec June May 93g May 9 12 Jan 14% June 26% Apr 1% Aug 3% Apr 11 May May 30% Apr 4 6 1% Dec 8% Nov 14% Nov 7 29% June 2% Nov H *24 • 2411 32 " 32 9- 33 3278 9% *9%' ' *24 *24 24% 33 *3234 *10% 101" *10% 33% 10% 500 Hall Printing Co.— *91.4 934 *9% 934 200 Hamilton Watch Co...No par 33 10-38 10% .10% *9% *9% 934 934 105% 105% *105 105% 9% 1038 *10 10 33 • 101% I04l2 *10434 106 105 105 105% 1051" *100 104 104 *101 104 *101 *101 *100% 104 104 *101 104 " 15U 15U 16% 151" 1534 15% 1534 16% 15% 1534 15% 15% *146 148 146 *144% 146 *144% 146 *144% 148 *144% *144% 146 4% *.... *l3g *91. 534 53% 4tt : *4 438 1®8 *92% 534 6% 5312 *85 134 1% 9512 *4 947g 94?s 95% • 43g 1% ;*91% 6% 6 *4 92 1% 95% ih *91% 6% 4% 92 •' < 4% 6% b- 92 1% 95% 6% 4% ,184 * 91% 3*6 1*4 91% 6% *4 * 4% *117S =70% 155 *91 6% 1% 931 6% 60 1434 *6% 56 *54% 154 123g 155 12 1 12 - " 131" 13% *123g 143, 16 63o 1578 *6% 157S 3684 *11234 36% 27 29U *29 14 15% 8»4 *3878 9 3912 107 9% 39% *100" 17 *12 157g 17 6 *12% *13% 16% 6 *13% 16% " 63s ■ 1434 15% *534 31% *29 " 100 6 35% 36 35% *29% 32 29% 9% 10 42 *40 107 *100 16% : ie *5% *1534 *112% 31% 10% 10 " *40 16% *12% *13% 15% 35% 10 39% 107 14 3634 *15% *112%. 36% 14% ' 10% 41% 104 3 3 3 3 3 3 3 3 *31% 32i2 31% 32% 31% 32% 31% 31% 178, 15% *112% 14% *12% 15 13% 16 *15% 6 *534 15% 15% *112% 36% 35% 29% 10 Hackensack Water........25 50 *29 9% 100 4,100 300 50 300 1,400 "400 1,800 Dec 31 15 100% June 10634 Jan 16 25% Jan 10 k* Feb 11 100 Hat Corp of Amer class A...1 —100 Hayes Mfg Corp 100 Jan.,® 3% Dec ^ Dec 12 1% Dec 10 92 June 12 Dec 20 50% Dec 22 96 1 168 25 preferred 100 Hercules Motors ...No par 150 Dec 10-% Apr 21 No par 65% Dec 9 6% cum preferred......100 xl23%May 1 No par 33% Dec 19 Hercules Powder Hershey Chocolate No par Hlnde A Dauch Paper Co...10 (C E) The 10 Holland Furnace (Del).....10 "5,466 31 400 99%June 12% 12% 13% 534 17 29 Dec 29 Dec 29 Dec 31 Dec 5,100 100 Hollander A Sons (A) 5 Class B_.__ ...No par Household Finance 700 Feb 14 Houston Oil of Texas Howe Sound Co 7% Dec 27 No par v 36 100 5% preferred 1,700 9 100 1107% Apr 14 .12.50 30% Dec 23 24 Dec 29 Houdallle-Hershey cl A.No par 100 2% Dec24 106% Jan 106 Deo 28% 138 9% 104 Jan Apr Ark Apr Aug 4% A or 89% June 113% Jan 11% Apr 6?j Dec June 110 Jar Jan 107 Deo 15 18% Aug 18 3034 Jan 10 9% July 24 16% Aug 5 16%Sept 12% May 69 Dec 126% Aug 50 June 94% May 18*4 19 35% May 4% July 8 May 103 May 8 39 Jan 27 1334 Jan 6 35 May 28 May 52% Jan Jan 9 Jan 15 July 22 Jan » 21% Apr 100% Apr 133% Jan 67% Apr 115% Jan 12% July Oct 27 5 Jan Jan 86 29 37U 17 165 5634 Jan 18 115 Jan 8 115 37 13 Jan 80% July 64 26% Apr 22 2 34% Apr 20% Feb July 11 132% Oct 21 111 5 83% June 9 24 t C..25 Feb i0 16% Jan Aug 14 Dec June 16% May May 5% May 6 5 8% Sept 19 5 96 130 Jan 23 3% Jan 96 Sept 76 31 107 101 Corp....1.1 Helme (G W).... Hires Co >•1* 2 .25 Hazel-Atlas Glass Co Hecker Products 140 7% preferred..: Hdmestake Mining 2% 32% July 16 108 Holly Sugar Corp.....No par 9% 24 Jan 11 9 1234 Dec 30 May 9% Miy 10% May 8 29 400 42 Jan Mar 28 16% Jan Dec 1,700 *40 2% 38 9 Dec fi *100 *31 33 Dec Dec 102 16 42 3 8% 8% 100 $4 conv preferred 13% 16% 107 32% 33 29 Feb 18 2334 100 6% preferred 6X% preferred 2,100 200 *40 2% .25 ..10 Harbison-Walk Refrac.No par 6% preferred... "260 14% *100 *31% 7% preferred class A Hanna (M A) Co $5 pf.No par 160 "2,666 92 1%» 54 60 54% *54% *54% *55 60 *143% 158 *143% 155 *143% 155 *143% 155 12% I284 *12% 12% 12% 1234 12% 123„ 70i2 70 7034 7034 7034 71% 7034 7034 70% 69% 70% *126 131 131 131 *126 131 *126 *126 *126 127% *126 127% 38 78 *38 3878 4034 40% 4034 4034 4034 39% 39% *38% 39% *102% *102% 106% *102% 106% *102% 105 *102% 104% *102% 103 *150 36% 112 28 Mar 48 27% Doc26 3 Sept 24 $6 pref opt div series.No par General Refractories No par General Shoe Corp .1 Gen Steel Cast $6 pref ..No par 700 14% 65 12 121" 11% 13% 3 •> 49% 3% 1319 120%, 122% Dec 15 Gen Realty A Utilities...... 1 850 56% 2% 2% 60 33% 33% *11 21!2 14 100% 106 8 73% July 125 ...No par 6% preferred 4,66("> 11% 24 26% 24 26% 3 *13 106 6 Nov 28 $6 preferred ...No par Gen Public Service....No par Gen Railway Signal...Aro par ""ioo 1334 5o% 70 30 *28% *23% 15% 22% 26% . General 10 ' 58 4% 5 11% *66 23g . a:58 700 H% 53 11% 65 »u 21U *12 101 Common.. 5,900 2,200 56% 13%.. 13% 56% 11% 4% *7% .'Y-: 60 1<) '• '•2% *2% *75 110 91% 126% 134 104 _ 127% Aug 25 1,200 1334 140 80 107% 100% 104% 33% Deo 111% May % May l%Nov 27 Jan 28% Dec 18 5% 1334 *51 51% 77% 102 38 121% Dec 23 6% preferred 100 General Tire A Rubber Co...5 1334 40% 60 3 117% Aug , Gillette 534 61% 140 278 49 42% Sept 25 General Motors Corp......10 700 50 *591" *51 1334 130% Apr 7 35% Jan 14 $5 preferred...:....No par Gen Outdoor Adv A...No par 800 2,200 *47% *53g *133 1112 3 Oct 600 2,200 60% 60 12 Sept 18 86,100 8% 3% 483g 48% 53« 57% .'57% 11% 11% *7 112 8 53« *2% *62% ' 19% 12% 1434 60% !' *39% 2% 75 19% 11% 1434 12 15 *13% *109 "55 1734 10 74 8% 140 1334 3534 May 5% May May 1*4 May 4% May 11*4 May 48% Feb 12% May 102 May 26% May 91 Sept 19 132% Jan 28 48% Jan 6 24 *9% 191" *i834 19% *°32 1734 75 74 12 *2234 3% 48% *54 *11 97 22 June 118 6% Jan 6 15% Jan 10 112% Jan % Jan No par 190 5 29 33% Feb 15 Gen Gas A Electric A..No par $6 conv pref series A. No par 500 8 July 14 Mar 20 24-% Dec 10 General Foods Corp...No par $4.50 preferred No par *103% 110 i 8% *136 33'2 12'8 preferred...^..100 3% May 94 6 144 6% Doc 10 73% Feb 19 16 Dec 13 Dec 27 118 7% preferred,...100 General Electric Co...No par cum Jan 7% Jan 55 31 2'" Dec Dec June 45% June 534 Oct 15 Sept 10 3% Dec 27 2 8 53%May 104 39% Dec 27 Dec May 8 5% Mar 21 Mar 21 June 115 No par 20 7% •• "6 3 Class A.... Sept 23 Dec 12 8 Apr 16 4 2 Nov 29 12% July 29 30 21 47% Jan 101 General Cigar Inc.....No par 22", ioo 234Sept 12 Apr 23 8 % Dec 5 2%June 12 23 2% Dec 10 No par 100 7 12 24 18% 934 >18% 3% 40% For footnotes see-page K 25% Apr 8% Nov May 2 9 1% Deo 29 __._5 700 64 For other foot lotes see page 179. \ *03i *2234 33g 63 ' *28% *23% 16% 22% 58% 2 General Bronze Corp General Cable Corp 18: *% 12 8% '534 1" '57% '11% 434 *28% " 30 *23% 24 *100 *121% 12 8% *39 2% 7 *103% 110 112 1334 ;;H% 2% .*11219 1992 M 8 38% Mar 19 5 7 41 1% Apr 10 .....5 No par 92 122 26% ' 42 Chesapeake A Ohio Ry—-■ General gold 4Xs *% 33g *47% *62 394 84 80% 24% June Jan 46 7% Apr 16 Dec 10 Transportation.....5 53 106 % 109% 68 Champion Paper A Fibre— 8 f deb 4%s (1938 13* 72% 54% 1% 56 *15 73% 51 *76 "81" 68% 16% 15 *65 1960 49 14% *14%, *72% 1962 Guaranteed g 5s - 122 9% 75 14% 48 5% 87 ^,38 6% *9i8 - 3% Cent Illinois Light 3«s___„___ 1966 *17 ' *109 40% 104% 108% 96% 104 ♦Ref A gen 5 His ♦General 4s. 50% ~42% ♦Chatt Div pur money g Central N Y Power 3%s. 69% 95% 100% 106% 69% 89% 64% 86% ♦Ref A gen 5s registered..1 110 101 A M N 1,300 *90 ■ *9% 73% , 14% -218 w Tl% *634 108% 102% 112% 88 {Central of Georgia Ry— 83/ 834 92 8% *60% "*75:: 65 *99% 42% 1948 834 *87% 24 18'4 , 14 »35 *62 "94% 1981 F 2,800 *17 ,18 %« =12 % *2234 11% *39 2% 81 106% Celanese Corp of America 3s.. 1955 600 2% 338 ■c 48 64 11 r 82" 59% 106% Carriers A Gen Corp 5s w w.,.1950 UN 3% 2% *12034 127 17% 716 141 110 3% 48% 5% *60 40 3278 103% 77% 3% 2% 834 127 1934 % 19% 111" 11% *109 81" 48% 5% 6 62 13% 14% 112 7% -3% 3% 62 12 *13% *109 *47% *5% „ 12 14i» 64 90% 106 94 *42 384 234 . 24 18% 934 74% 75 108% 109 : 3% 4,100 *2234 18% - 19% 9% *U7g *13% : ■ 37,800 ' 20 *62% 2% 75 89% 90% 107% 68% 81% 43% 3% 78% 8% 90% 107% 110 63% 93% 103 Carolina Clinch A Ohio 4s Cart A Adtr 1st gu gold "3", 700 . 106% 105% 109 D J Collateral trust 4^8 1960 J {♦Carolina Cent 1st guar 4s...1949 J J 1965 M S 434 *3% 92 17% 7ie 71% 26% J 50 434 112% 1121" 834 *122 *3g 20 26*8 J 43% 334 3% 12 11%. 1134 *103% 110 *103% 110 20 93% 110 92% 108% S 44% 44% 3% 112% 112% *3% 3% 2% 2% ; 74% 107% J 8 Dec 132 93% Dec 30 6 *47 3c *19 :• 108 1 Feb 19 2% Feb 17 May 21 May 32%May 31 18 Dec 23 5% preferred... 10 Gay lord Container Corp.... 5 5X% conv preferred 50 Gen Amer Investors No par $6 preferred No par 3,700 7 11% 27% % " *:)8 V %« 9% 108 I 334 *6% - 33% 126 125 l" 18% 107% 105% M *3% *10 39% 3934 list "113% 116% *113% 116% *113% 1161" 1% t 1% : 1% 1% 1% 1% 11 98 *90 98 100 98 10034 102 828, z81% 8134 *8134 83 *82% 83 130 '129 130129% 129% 129% 129% 34% ■;33% 33% 33% 32% 32% 323] 126 125 125% 1251.1 125 *125 125 29% 30 29% 29% *2834 29% 29% 3 3% 3 *2% 3 3 8234 31 - 12 24 9% H)7X 1944 3% " 7 *104 92 *85 83 3 ht 16 deb stk perpet.... 1946 3% *6% 50 18 *103% 113 23 ctfs 33g 7 538 5% *5% 51; 5% 5-% 5% 5% *51* 5% 107% 107% *105% 1071; *105% 107% *105% 107% *105% 107% ' 16 5s equip trust Apr 32%Sept 20% Jan 15 *47 ;i 127 29% % 23 Coll trust 4 HS_... 21% • 5>: 94 105 Jan 35 June 23 36 Gamewell Co (The) No par Gar Wood Industries Inc 1 50 9 18 3 • 1071; 93% 106% 106 Jan 46 7 May 31 9% Dec 10 ..100 Jan 106 Nov 17 103 8 Dec , Gabriel Co (The) cl A..No par Gair Co Inc (Robert).'... 1 6% preferred £0 *47 334 2% *86 *28% 106 Can Pac Ry 4% 330 5% conv preferred 11% 378 *120 129 125 33/ 109% S conv preferred *10 44% 18 32% 30 105 J 25% Apr ,4 : 4% 4% *484 5 *104 :: 107 *104 107 37g 127 . 129 107% M 17% Dec 21 3% Dec 10 11% 112% 1121" 3% '*3% 2% 2% 8% 834 82% x .1951 19 *6% 4334 3% *80 109 ... 33% Jan *10 50 • 98 *70- 66 54 16% Dec 31 130 19 3% 7 11% '113% 116% *113 1% 1% 1% 83 lbhn Guar gold 4 His 500 40 f l »2>8 48 41% 5% 106 1957 J Canadian Northern deb 6HS---1946 J 183.) 19 28 Guaranteed gold 5s—.July 1969 J Guar gold 4^8 ..— --.----1955 / D Guaranteed gold 4^8...—1956 F A 18-% 400 391.4 *38 3% 3% 66% 6 70 '57" , 98 8% Dec 23 7% pf.100 Freenort Sulphur Co.......10 Fruehauf Trailer Co.J.. 1 300 27% Guaranteed gold 5s...-.Oct 1969 A Guaranteed gold 5s— :L3O6 2,400 40 *57 / 105 3l%May 12 Food T,6O6 1% 19 % J J O 1970 F A 9% 42 37% 2% 20" 108% 111 *110% : 39; 32% May 10% May 18% Jan 10 Dec 19 105 10% 1%: 2% 28 18 39% 22% 111% 101% 104 104 104 Jan 10 Sept 12% May 84 May 42% Jan 13 16%July 8 12% Dec 19 $7 conv preferred...No par Francisco Sugar Co....No par F'k'n SimonACo inc *1% 2% 10% *10% 3934 *22% 18% 9% 105 87% 102 Jan 90 Nov 28 -" 1% 2% 10% i34 2% 101" 27% 11% *103% 113 107 107 113% Feb 22% 21% 24 94 2% *10% 1934 78 104% 85% Jan 40% 14 8 Dec 21 93 401 12 74% 106 87 X 20 27% Mav 13 ..100 96 r 28% % 79% 90 66% 104% 100 May Jan Jan 98% Dee 16 Sept 12 4534 Sept 24 Machinery Corp...-..10 Foster-Wheeler...........10 19 *94 10 47g 2/t ' 8% Dec 17 5% 500 96 *94 ; May June 12 230 8% ' 16 79 34% Feb 19 1,500 37% 37 40 4% *7% Canadian Nat gold 4Xb 900 187g -.19"^ : *1% *47 ym Calif-Oregon Power 4s...—1966 A O Canada Sou cons gu 5s A.——1962 A O 32 2% May <■ .....1 Florslielm Shoe class A.No par Follansbee Steel Corp......10 , 4% Highest $ per share $ per share 4% Jan ' 27% Sept 22 97% Jan 15 Dec 29 Fllntkote Co (The)—.No par $4.50 preferred...... No par Florence Stove Co No par ""600 *37% 8% 42 37 277g *106 ' J 8% *37% 42 37 40% 3% 5 X: —I960 A O 8% ' ■ 28% *5% 107 72 72% 30% 36% "mx 5X .......1955 J 5sgu 31% 40 *3 99% 102% 77% 75 Bush Terminal 1st 4s.........1952.A Consolidated 6s 31 27% »5J ♦Certificates of deposit... 32 1% , 18 29% 102% 107 104% 102% 106% 102% 71% D {Burlington Cedar Rap A Nor—i §♦ 1st A coll 5s..........^—.1934 A *20% 4% *28% 22 4% 2% 15% 104 85% 72 A MN 21% *4% 393 *124 27 100 '100% Bklyn Un Gas 1st cons g 5s—1945 1st lien A ref 6s series A 1947 MN *20% 4% 28 31% 107% 109 102% *71% MN Bush Term Bldgs 26% 25% 5 105 O 1st mtge 4s series RR... ...I960 J 22 10% 1834 , *6% 112% *120 *128 104% ; '107 102 X Boston A Maine 1st g 4'/is series 20 1,000 97% *19 10% 18% 50 90 18 *% D F 1st 5s A C....19o7 M S 1st M 5s8eries II--, 1955 M N 92 *80 : 27 6% 25% 1 104 3Hs—1950 Blg> Sandy 1st mtge is Blaw Knox 1st mtge *95% *38 96% *10 8% *113% 11611% 1% 26% 15% 6% A 97% 39% 97% 26% A F 3% 6% 3% 2% 127 83 Iwith declaration........ 1965 9% 20 27% 137% "97"" 100% "99" 99 ♦Berlin Elec El A Undergr 6)$si956 H *9-% *19% = 106% 113% 129% 97 J ' 1% ■ 11% 3% 8% *17% ; 85 107% "99" A 9% Lowest share 6 % preferred series A... 100 First National Stores..No par 1.400 ' per fiiwa cire Ins N Y.$2.50 FUenes (Wm) Sons Co.No par Firestone Tire A Rubber... 10 1,100 37 2% 18% 43% 2% *120 '102% 1952 1% 112 3% 834 . debs 90% 37 *95% *8 4% 4% 434 5 104 104 *104 107 43% 3% *85 129 Consol mtge 3 J4 s ser F 1959 J Consol mtge 3s ser G—.—1960 F *94 2% *47 3% 55% 48 44% ...1955 AO Consol mtge 3tfs ser 43% 3% 55 43 67 with declaration........ Beth Steel 3^s conv 13% 90% 37 9% 32 1834 *6% *llli8 114 98% 43 48 " 48 , H 13% 90% $ 2% Apr 16 1434 Dec 23 86 100 Fluoi "T,206 13% 90% 36% ;; eonv^referred Terro Enamej ^orr 15 97% 38 1834 10% = *10 50 2% With declaration... ♦Debenture 6s 300 1,300 40% 13% 90% 373g 4% 42 3734 3 10% 4% 4% *103 105 61% A O F 4X% " 43% J J Co deb 6^8.1951 35% 129 1956 debentures.....^ 47 14% 53% D —I960 Belvidere Del cons 3^8 1943 Beneficial Indus Loan 2 Ks--—1950 8 26 49% 1st A ref 5s series C 2 258 53X J ..__-.--1951 3s 1989 Beech Creek ext 1st g 3)6s._--1951 Bell Telep of Pa 5s series B 1948 4s stamped Battle Cr & Stur 1st gu 36% ,34% 39f4 *1112 Federal Motor Truck..No par Federated Dept Stores-No par 590 1,000 20 83s - *38 96% V 18% 3'8 6% *10 46% 978 34 36 H 15 3% 89 10 *20% 19 *10 18% *47 36 X *11% 18 20 3814 . *1% *2% 2% 11 *17% Ref & gen ser F , 40 % 15 *96 438 32% 83g 42 '37% *18% *6 34 X 10 ♦85% Highest $ per share Par 73% 27% Ref & gen ser D 36 % 10% 9% 22 8% *38 19 3% (int at 1% 1 1946) due—-2000 M 8 (Int at 1% to Sept 1 1946) due 1996 M 8 ♦Conv due Feb 1 19b0 F A 89 I384 Shares 18% 18% *85% *9% *39% ' *8% 42 11 to Sept 3% *17% 32 32 *3134 32% *3214 32% 32 32% 1134 12% 1134 12% *11% II84 11% 11% 11% 11% *115 *115% 130 130 *115 130 *115 125 *115 125 3834 L 41% 3% 18% ' 20 *20% 438 32% S per share 10% 41% 1334 90% 3738 Eange for Prcr tons Year 1940 68 435 61% 1995 C (int at 1 1-5 % 20 43}) 32% 32% 32% 73% 53% 295 *96 " 32 33% 32% 1134 *94 58% 373g 10 97% 934 97% 438 *115% 130 A (int at 1 % to 1 1946) due *96 4% '4% 99 61H 10 •; 19 99^ . Dec 1 1946) due Ref A gen ser 10 9034 90% 36% 22 19 O 1st mtge gold 4g.. July 1948 4s registered 1948 A O Stamped modified bonds— 1st mtge g (int at 4% to Oct 1 1946) due....July 1918 A O 9034 373s v *3% 89 *10 .19 3834 A . t *20 *30 - 41% 1734 *853s *9% 4012 1334 18 / B Ohio RR— 934 15 22 8-% Baltimore & Lowest %per share 378 69 29 104X ' 1734 89 41 *10 share ver *3% 1334 ..13% 18 77 72 36% 9% 97% , 1734 17" S 334 *85% 934 4119 *17% 81H 85 1778 10% 1338 *90% 333s 91 *96 3% 89 41% 13»2 91 D Charl A L 1st 4^s A_— 1944 J 1944 J 1st 30-year 5saeries J Atl Coast 1st cons 4s ..July 1952 M 8 Atl 1734 17 1338 S per share 4 *85% *9%= , 4134 111 : 9 . ver share *3«4 89 934 109 iiok $ 3l2 *85«4 110% *111)4 ilOM Atl Knox & Nor 1st g 5b..— 1946 ..... Range for Year 1941 On Basis of 100-Share Lots EXCHANGE High 86% 10 Conv gold 4s of 1910. gold 4s. Atl & Dan 1st g 4s 8TOCKS NEW YORK STOCK Thursday $ per share I......i...1995 L & N coll SALE PRICES for Year 1941 Jan. 8 Atchison Top & Santa Fe (Concl.) Stamped 4s Range or Friday's Price NEW YORK STOCK RECORD Week's - Last N. Y. STOCK EXCHANGE 173 8% May 64% May 101 June 16% Apr 110 Aug Mar 60% Jan 38% Dee 16% Apr 71% Apr 112 Deo Jan 3% May 28 Jan Apr 9% Nov 60% Feb THE COMMERCIAL & FINANCIAL CHRONICLE 174 Tuesday, January 13,1942 NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday and high Sales prices sale % STOCKS NEW YORK for " Jan. 3 Ymr 1041 Range for Previous N. Y. STOCK EXCHANGE Tuesday Wednesday Thursday Frida'i the Jan. 5 Jan. 6 Jan. 7 Jan. 8 Jan. 9. Week Ended Jan. Week Lowest Lowest Highest $ per shan 18*4 18% 3i2 384! 3% 384 3% 6lfll 3% 18'2 3%1 18 2% 2% *%6 *8| 18% 18% 3% 3% -*iw 73« 6% 7i8 684 7% 7% 16% 15% I6I2 15i4 16% 15% 16% 17 33'® 33% 234 35% 284 3414 35 3 35% 1512 15% *6% 3 3 15% 25 25 25 95 98 2% 71I 25% 95 99 e«4 684 711; 7112 6i2 2 .514 25% 721; 99 73 7112 1034 10'8 10% 10% 10U 10% *814 612 *6'% 6% 63s 6i2 241; *22% 24 *2238 109% *108 *108 8% -738 • 8 734 *149 151% 4712 4781 734 7% 15H2 15li2 47 58 4884 *1551; 160 160 7^8 38 10% 13,8 IOI4 *11; 238 *2U 10 217s Sept 11 2% Dec 10 4% Jan 13 %Nov % Jan 22 3% Jan 6 snan i 1% 9 10% 10 6% 22% *6%., 27 3>fs registered... Jan Genera] 4s —_ 13,1 1«4 51% 2'4 1 11% *4 1*4 48 48 238 2% 11% *1% 49 49 % 10% 50 2,000 *2% i;: 2% Dec 20 Dec 6 May 27 27 27 26% 27% 27% 2712 27% 26% 27 27% *126% 131 *126% 131 12684 12614 *12614 131 *126% 131 *126% 131 15 15 15 14% 14*4 1534 15% 1538 1534 ? 14% 14% 15 59 59 59% 59% 59% 58 s4 50 59i4 60% 59% 60 59% *1% 2% *1% 214 2%' *13s *1% *1% 214 21.4 1% *1*4 45 45 45 45% 44% 44% 45I4 45% 45% 45%: 4514 45l« 46 48 46% 46*4 *4434 4712 *44% 4712 *44 46»4 47% *46 107 9*4 Int Business Machines .Yo par 140 8,600 Internat'l Harvester..-Yo par 200 4.600 36,600 1, 00 200 500 17;900 ,100 , 16,700 5,300 "156 200 Preferred 100 - 8 3% Feb 17 Dec 10 May 57 150 June 10 Int Mercantile Marine. Yo par 6% Apr21 Dec 19 1 Internat Min&Chem..Yo par 100 30% Apr 23 51 Mining Corp.-_._l 1% Dec 24 — Int Nickel of Canada.-Yo par 23 100 125 Preferred——.— Inter Paper 92 M *93 M 93 M 77 M 81 M 71 M 69 M 71 M 7,95 52 78.M ^—2038 J 131 May 1 44 3i2May ,19% June 7 A...1966 series 27% 27% 2734 38 "2 *36l2 27% 381; 9 2 *8*4 9% 05 ' *914 *9312 81; 321; 8i2 *31 *81,1 *31 37 9% 9; 95 *93% 8% 321$ *131% 1,200 37 200 *97% 107 , Dec 4s Jan 1*4 1*4 1% 2 2 2 *93% 8% *31 *131% —- 1% 2% 1*4 2% 8%, 9 95 8% 32 9 93*4 93*4 ' 8*4 *8% *93% *131% — 4 Jan Interstate Dept Stores.Yo par 5% Feb 19 700 9% 104 3 1% Dee 29 .1% Dec 29 10 95 *8% *30% 31 31 , ...4 • 95 7% preferred-----—..-100 Telep & Teleg No par Foreign share ctfs.—Yo par —.100 87 7 14 Feb 14 Preferred — 300 31% Coal..—V----1 Island Creek 86 preferred. _ _ — 1 - 25 " Jau .,• 21% May 73 Apr - 9 33% Aug '5 134% Aug >8- Mar2t 37 M 34% 32% •7% 8M 0M 173 9M 84 6 12 4 62 7, 72 9 M WN »M J ' , 62 61% 42 38M 39 J 1989 1989 5s series A...., g adj 36 M 38 M 5s. 1975 Jan 43 J P 11M 2h A O . 32 34 33 33% 331; 107% 106 *1-0788 108-% *57 6% 57 57 124 r 107 *102 57 » 33 33 124 581a *1221) 124 0% 124 32 *103 5784 % 6% 57% 124 6% 6% 6% 6*8 6 1,700 Jarvis -—I 327« 28% 31% 281.1 29 2,900 Jewel Tea Co Inc—..Yo par 14 5% Dec 29 31% Dec 29 107 57 57 124 124 400 103 103 103*4 103*4 571; *122% 124 57% 1,300 -122% 140 57% 122 (W B) Co. 4 M % preferred ... i. 100 ...100 ; Dec 29 107 Jau Jan Jan 122 33 (128 1 24% *63 70i2 *10 6a *63 79% *79. . *10 1012 24% 23% 24% 23% 23% 22% 23% 65 24% 2484 64 64 62% 62% *61% 77% 79 *76% 78% 10% *76 % 63 * 77% ; 79% 1034 11 *10 *934 10 7,500 23 .23% *61% 62% 76 % *9% 10 5% pref series B 200 conv.. Joy Mfg 'Co.. .. . - 17 100 6-4% Dec 10 14 8% Dec 10 -1 M Mar *17 *.0'« *100 *7 . 5% *118 5% 5% *118 6 6 *6 6 6 *118 - *148 g f 44 77%"Jan June 24% 82 15 29 "25% "91 16 27% 29% 14 "24 3% 4 3% 3% ,4 l4 "4% 3% 4 18 18 *16% 18 18% 1-7% 18 *16% 18 11% *,0% 11% *10% 11% *10 11% 11% *11 103 *100% 103 *100% 102% *100% 102 *1C0% 102 *100% :o2 7 7 *7 *6% 7i» 7% *6% 7% 7% *6*4 7% *i0% *95 102 102 11 U 11% 11% 5 5 *4% 5% 102 *95 *14% "23 " 16 29% ,22% 25% 237 16% 29%* " 25% 227 18 ■22% 24% 25 16% 29% 50 19 % 16% .150 10% 16 203 11 112 10% St L & lst 102 *96 102 *96 29 22% 22'2 22% *3% 4 *3% *26% .28% 2718 28% *28% 37% 22% i *3l4 27 29 29% 28*4 100 95 11% 11% 11% 600 5 4% 4% 4% 4% 800 10 105 17,300 *13 35% 13% *28 28% "206 35% 38 3314 33% 33% 33% 33 38% 100 22% 22 22% 22% 22% 22% 22% 3,400 4 4 *3% 4 26 '25% 28% 26% 28% *3% 28% *1% 26 26: •' *3% 25% 29% 28% 28% .28% *1% 2 .2 28% Copper .Yo 200 .—..1988 j 23 26 16M •1% 45 19 •18 New 25 t 1 ...... Kresge Dept Stores... :%6oo 2.300 Kress (S H) & Co.---.Yo par Jan 10 1% May 17% May •19% May West Indiana 5*4 Sept 13 3 24 Feb 1.5 May 2 28% Aug 30 2078 Jan 10 9"« *32 *31 10% 35 10 36 9% IDs 12 12% *8*4 9% *0 0lo *8% 10% 33 *30 11% 9% 11% *9 *30 36% 12 *12 12% *9 *8% 9D 9% • *30 • *42% '*9 ' 18% 18*8 18% 18*4 18% 18% *22 23 24% *22% 24 23 22% u ll2 i *Ua% 116 *111% 116 *111% I16 3% 3*8 3% 3% 3% 3*8 338 3% *18*8 18'4 10 % 35% 12% 9% *12 9 *117% 18 *22% 22 >4 1»4 9% 1% 9*4 1% 1% 9 9*8 I'S 9 1% i,66o Lambert Co 5% Feb 17% Jnn par i- May 8% con 18 : 600 Lee Rubber & Tire.. 14% Dee 29 2734'July 22i 600 Lehigh Portland Cement—.25 19'i Apr 12 26% Oct -81 116% Jan 4 1 ifi 3% 3*4 3,000 4% conv preferred. 100 tLehighYalley RR........50 107% Dec 12 1% Jan .2 1% 1% 1% 2,400 Lehigh Valley Coal....Yo par % Feb 13 9% *9 9 2,800 6% 2%-Jujy go "l4348ept 21% 21 21 *JL2% 20% 20% *20% 12% *i2% 12% 19 19 19'8 19% *20 20% *19 21 22% 20% 21% 21 21*4 21 *x2 5 12*8 , 33 69% 69% v j 108M j j 100 j 4*4 34% 74% 72% 73% *178i4 178% *173% 177% 73% Y *18 19% 24 24% 24 32% 10 10 Uh 22 ?8 16% 23% 38*8 39% 175 *175 175 25% 32 78 73 *18 19% *18 73 4% 33- ' »:72% 73% 72 179% *175 19% *18 6 < *10612 106*8 41 42 *32% 10 33 34 10 25 33 24% 33 10% *14% 16, *i0% 4i 42 42 % 23% 11952 0% 3D 3D 3% 17% 17% 17*4 14% 14*4 14% 17 7i% 72 39% 4 a *2 3% 17*4 24 38% <10% ii 4% 3% 3*4 *17% 14*4 1 14*4 17*4 143% 143% *142% 144% 17% 17% 17% *17% 71 71*4 7x% 7l % ! 143 17*4 70% • 40% 3% *17% 14-% 14% 143. 143 17*4 .-48 70% 70 38 M 36%J 19 M 18 con 5s Elec 3%s..l906 F a 1967 J D 21% 21% 21% 21% 135 *131 *131 21% 135 22% 13,5 36 34% 34% 33% 34% 33 20% *i3% 20% 13% 20% 2^% 21 2i % 20% *13% 13% *i3 25% 26% 26% 26% 25% 3% 4 6*4 3% 3% *6 1334 4 7 *6 1334 *13%' 14% 1% 1 3% 3% 3% 6% 634 12% 24% 6 6% 12% 12% 24% 2>% 534 5% *1 6% *13 25% 13/ •*130 33% 21% 13% *6 *% 1% *% 31 3% 1st gu 3)is D..1971 A/N E—1977 J 4 Cleveland Elec Ilium 3s.-.....1970 J 6 Cleveland ,& Pittsburgh RR-— Series B 6% 6% 12%- 24%' 5% *26% *23% *27% *169 27 25 2834 176 28% *169 For foot' otes 2J% 6% 5% *26% 26% 26*4 26*4 24% 26% *24 12% 20% 5*4 6 12% J Series C 3)48 guar...——1948 MY Series D 3 J4s guar....—.1950 F a Gen 4)is series A., 1977 f a Cleve Short Line 24% 241 29'4 29% 28% 176 *169 176 see page 178. 24% 8 O f 5s series B 1 71% 108% 13 91 40% 61 40 58 66% 79 104% 110% lst sf4)isseries G . 100 107% *105 j 109 108 106M *105 103% 109 *104 - 108% 107% 107% — 21 75 77 80 26 75 90 66% 29 (. 63 M 60 60% 51% 70% .1977 A 71 63% — 80 ; 80 77 V O ♦Colo & South 4*4% series A..1980 mn Columbia G & E deb Ss.May 1952 m N 103 M 80 *103% 103% 82 M 84 77 88 % 73 107» .107 ----- T "0 84 103 15 103% 77 106% 86 Jan Jau 14 Feb 5%. Apr Debenture5i... ,; 1952 AO 15 ——.1961 j j 17 M ■.,.15%, 100 101 Jan 53% Apr Columbus & Apr ♦Commercial Mackay Corp— Incipnc deb w w—_.Apr 1 1969 May 58 12% 26 96% 106 18 100% 106 60 **"l 17% 09% 100M 99% 102 101% 107% 107% 96 ' 105% 112 114% 104% 111 Jan 9% 232 102 102 Columbus & H V lst ext g 4s. 1948 a 0 .Columbus & Sou Ohio El 3)4s 1970 MIS 29 45 109 73 72*4 73% 179% 179% *176 *18 19% 19% 2,800 Series B_ 64% Nov 27 98 87 May 109% ,00 Preferred June 16 :189 169- Jum 188*g Apr Deo 16 May 23% Apr 18% May 30*4 41 Apr Tol lst ext 4s..1955 F a *110 113 113% 24 59% Dec .25 -4—. _ 100 174 27 25% 25% par 17% Dec 12 21 Lima Locomotive Wks.Yo par Link Belt Co i.-Yo par x;20% Dec 10 X29 May 8 (30 Lily Tulip Cup Corp._.Yo 4,400 33% *33 33% 400 10% *10% 14% 22% 10% 400 Lion OilRefi.ung Coi-.Yo par ) 15 900 Liquid Carbonic Corp.-Yo 13 15 23% 37% 38% 103% 106% 1,500 Lockheed Aircraft Corp Loews Inc 1 9% Dec 31 Apr, 26 19% Apr 21 Yo par 28 56.50 preferred ...i—Yo par Lone Star Cement Corp No par 105 May 22 4 June 40% 40% 3*4 18 14*4 14% 142 18% Long Bell Lumber a...No par Jan 18 Jan Jan- 3^ June 25 Loose-Wiles Biscuit.—...25 14% 3,600 160 17% Lorlllard (P) Co— .10 Apr . 2,100 60 Feb 18 27 May 9 Mav r >14% Apr " 10% May 18*« Mar 30(8 Oct 31 22% July 2(1% May 41% Apr 37'>8 Mar 16% Jan 31% Sept V 110. Commonwealth Edison 29 1st mtge 3J4« series I—.....1968 / D Conv debs Z*4s............1958 J j 2 Sept 18 J 3MS debentures ...'.....1946 a O 138% May -1031; Dec 15% May 111% Jau "Nov 65 ,38 "May — . ....1948 A O ..... Apr, 2 Jan 22% 137 *23-7 24 129- 130 500 90 19 Dec 30 31% Jan 21 DeclO ..100 x132 21 3,300 17% Dec 29 *43 13% 26 3*4 *13 Madison Su Garden...Yo par 13% 25% 25*4 Taoo 3*4 4% 7,900 ia Copper .....10 11 of Upper 7s_'1956 j 17 D Wuertemberg t♦Consol Ry non-conv deb 1954 J 4s . 6% 14% *6 6% 5% Dec 27 *13% 14% ...... 7% Aug 18 16% Sept 17 109 12% Apr 17 1 *% 1 1,700 % Jan 14 3% 3% 3% 9,600 2% Dec 18 6 6 7% 6*4 7 3,850- 3% Dec 10 12% 2a% 5% 12% 12% 12% 12% 1./00 "426% 5*4 23% 25 26 26*4 j «4 May r Consumers Power 5*4 25 23% 176 25% 9,100 5% 5% 8,500 20% 26% 11 ...—1 1,200 ' *24 28*4 *1'71 Dec 9 x20h Dec 10 V11% Jan 17%Sept 8 9 32% Sept 15 9 12%. Jan 6 May 28 28% Jan 13| 3% Dec 19 5% Jan 14 25 200 21% Dee 11 800 24% May 31% 2h May 8% May 26;<4 Jum 6% May "21% June T. Oct i.3*4 I )ec 16% Nov 4t7*4' Apr 14*4 Apr 40% Jan 28 -Sept 15) 29 w 176 7% preferred — .100 171 5 June 13 1/8 Sept 171 Aug" 7 .21 100 June 32*4 June 173<2 Apr D 108% 106 109% 103J4 103M 104' 102% 106% 2414 24 M 8 18 24% *21% ' 22 28% 28 24 18 28 82 % 83 16% 24 83 75% 85% 107 M 106 100% liO .1966 MY 107 M 107% 107% 111 108% 111% 105% 109% .I960 MY 109 % 109% 107 111% 2Ms. .1948 jo (Crane Co 2Ms s f debs... .1950 A /) 102'A 102'is 102 107 mtge 1 107% 107 109% 1st 5% 3% May 103 108 M 109% Jan Jan % May 102 105% K1L% 107% 107 M .1967 MY .1970 MY [ 3Ms. 1st mtge 3Ms...... Mar "16% »- 108% .1965 J/N mtge3Ms... mtge 3M& Apr 103% 104%-104% Co— 1st mtge 3 Ms lst -7% Mar '11% May l%May 20 j Apr 4% - 1% Aug 4 May 103 105% ,104 M J lst 38 21%; May - Jan 1956 j Dec 12*4 8% J iin* - 4% Dec : 8 '• J034< 105 M 108% 110% j ....... 31 20% May " 4 1% Feb • .......1955 j 31% May 109% 109% j Consol Oil conv deb 3Ms—...1951 j 136% May 128 .14% Aug 6 31 July 28 Feb 17 19% Dec 17 35 25*4 May Sept Jan 21 35% Dec 30 29% Sept 24 138 119 108 109% ^[♦Consolidated Hydro-Elec Works Consolidation Coal s f 5s...... 1960 J ...10 6% preferred.... 110 *108 3)4fl debeitures. 1056 AO 3Ms debentures.....1958 j j 19% Jan 15 162 107% 110% 107 119% 100% 101 108% 109 *108 J 3Ms debentures. -22. Sept 4 74% Nov .5 108M a j 4% 108% 107% .Conn Ry & L lst & ref 4)4s.l951 j Stamped guar 4 )4s———.1951 J ; 118*4 Jan 25% Apr 108 H (Conn Riv Pow s f 3 %s A——..1961 f Consol Edison of New York— Jau 13% Jun 17% Dei 27% o Apr May 3^% Dec 29 19 Riv lst 4s_. 1943 a 40% Jun< 25 25 --- Co— 109% July 24 U_FL_Ma> 45% JUiy 28 12% Dec 23 142% Dee 31 15 Dec 23 14 '1-3% J uly 30 Apr 21 100 7% preferred 900 70% 70 < 13% Jan 30 35 Jan ( 37% "Jan * 1% Dec 10 800 142 *17% - 3,800 18 *17% 144 1,500 3% 41 % 71 16,300 7,400 par 20% *171 6 70 • May 20% 29% 203 O guar..—1973U A May 23% Apr 21 *24 85 87 *102% D 87 *% , 75 52 M 48 M (—A. O lst gu 48——1945 j 33 3% 27 24% 71% 107% j Union Term gu 5)4s. —1972 a Cleve 1st 1981 J lst gu 4)48.1901 a CoM River Ry 39 3,400 • 113%' . 1942 J Colo Fuel & Iron gen s f 5s..:1943"F ♦5s income mtge.——.1970L4 " 12% 24% 44- 3)4s guar.—.-—.1942 A >0 Series A 4)4s guar Continental Oil Crucible Steel 3M8 s f debs. .1955 J -D ♦Deposit receipts.. ♦Cuba RR 1st 5s g—* .1942 j D 100% 100% 93%- 94% 4)4% 1952 ♦Deposit receipts.. ♦7 M» series A extended-to 1046 ♦Deposit receipts ♦6s series B extended to 1946 y~j 26 ,30 15% 28 23% 14% 26% 16% 16% 31% 29 27 34% 29% 25 M 29% 16- 27% 23% 26% 15% 26 30 "20 M '• 26 M j~d *29 ♦Deposit receipts — .-... Curtis Publishing Co 3s deb... 1955 ao *93 23% 32 179. 30 16% 27%' 261- 15 25%. 93% 92% 99% i c 1 07% 102 02% 99 29 y'lj ... For footnotes-see page 109 26 M — — ... . 109% conv ♦CubaNor Ry lst 5Ms... . 47% j Jan .24% Nov, May 51 % j 4*4 Nov - 75 *80 D Deo 96% Jan 3% Dec 10 6 32*; *13% 108M Cin Wab & M Div lst 4s.— 1991 J j St L Div lst coll tr g 4a_. 1990 MY 9% .Jan 6414 Dec 24 ' -3% *13% —- *102"-s Cleve Cib Chic & St Louis Ry- Feb 32% Nov *25% 3i» 14% 111% 80 Liggett & Myers Tobacco. .25 32% *6 107 109 68% Llbby McNeill & Libby.... 7 Life Savers Corp........... 5 33% 3*4 22% D 600 20% 25% 51% 9% Ref & impt 4.14% series 20C ,32*8 3*4 6% 14% 1% *13% 1% 3% *6 13% 26% 3% *130 27% 19M Geaeral g 4s.,—...1993 j Cle leral 5s series B1993 j M 35 38 M , 107 M 7108 *110% 1942 MY gu 4s. con ♦Debenture 4s 21% 98% 104% 89% 97% 91% 99% , 99 lst ♦Debenture 4s *131 07 89 73% *72 72% 22% *23% 38 38% 41*4 06M O 106% 109% 108% 100 95% 09% 94 M M Ill 33 4% 4% 33 10o% 106% lOS'i^tOe-m 41*4 17% 14% 24% *33 *,0% = *3*8 168l 33 10% 15 16% 15% 23% 23% 22*4 24% 39% 39'% 38% 39% 106% 103% *106% 106% *15 17% 141*8 *142 U 144% 24% 95 •97. M N ...I..1943 a & Conn & Pasump 24% 54% -- Feb 35*4 -^30'" Jam 3,800 4% *33.» 74 9 7% Jan 23 108 108M 116% Dec ,!18%May 45% Jan 70 Apr - 4 .25 9% May 27% Sept 15 4*4 4*4 73 14% NOV-18 18% Dec 31 19% Dee 29 55% 44% 112 7% Nov - 11% Dec 10 5 par *46% *53% 108% .21% Sept 16% Jan 15% May Llbbey Owens Fcrd Gl.Yo 8,800 34*4 24% Sept 16 Dec 24 Lehn & Fink Prod Corp 21% 4% Xl9 Lerner Stores Corp_...Yo par 12% 20 21 '12% 1 52% *95 M 29% Jan 34% Apr May 400 12% 20 " Lehman Corp (The) 65 51 M J 1% 300 12% 19 21% *33% 73 1,700 19 4% 73 20 19*4 21% 12% 34% 73 20% 21*8 4*8 73 74 19 20% 20 *33% 5 33 *18 12% 20% 47 65 62 H D 112- Debenture *20*4 2% *' 78 j Jan 31*4 il>-v% 2 47 65 67 75 A Apr M L)ec 15% May 100% Jum 1% May 5% Aug 18 v 2% Feb 14 50 conv preferred 11 7% % 15% 411 75 4s_l052 J 1st mtge gu 3 J4s ser EClearfield & Mah 1st gu 5s l5% Nov ';•< 3-4 May 16% May Aug 192 2 1909 f 2*4 8% May 11% 13 3*8 8*4 May 14%Sept 15 Jan 1% 9( 4 •L 45% July 15 23% 23 7 .No par 13 1M 1943 j 46% ' Lane Bryant 14% Jail 38% •22% Aug 23% May 5 100 3*8 1% 17% Sept 2 10% Dec.29 ....100 (The)....Yo il4 9 1 in 1% 9% 12% LAclede Gas Lt Co St Louis 100 5% preferred— 36 | *17% 24 *1*1 ., 10% *8% *30 150 7% / Geu <fc ref 4 )4s series B 10 709 % .75 D 4^8 series D.N962 M «eb & Nor Cln Un Term Apr 105 r 40% July 29 24 111% 101% 100 108 110%. Apr 9% 27*4 May 10 26% Sept 17 x22%Mar Kroger Grocery & Bak.Yo par " 3% July 25 Dee 29 21 22% 20%, , 18% Nov 8% May 4*4 May 24% May 2% Feb 15 49 14% 11% 13% 12% Deo 109 Jai ,87%June 38 Dec 18 1% Dec 13 21 10 _1 ' 36 21% 20% 20% 2% 359 18 M 11 11 1M lst mtge 3)48—— Cin Jan 104% Dec -15% Jau Dec 'Mar 26 23% Feb 15 $5 prior preferred...Yo par Kresge (S S) Col May 3934 July 22 14% July 30 106 11% DeelO Kinney (G R) Co 15% 92 4 13 28 M' ' 1 30M 38% 19% '9% M s Orleans 5s.. 1931 j 1951 j 3%'s series E-r..l963 Zlis series F 1963 mtge Cincinnati Gas Apr 20% Nov May 2 8% Jan 7% May 9 7 Jan 20 ,":' ,22 * 9 .21 M *18 o 248 45 *18 M '■ml .16 1% 40 21M I960 3/N t*Choctaw Ok & Gulf Apr 11 Jan 27 Aug " HM 1 Ys J a M Mar 3% May " 95 18 98% Feb 21 Kimberly-Clark. —L.Yo par 2 8 30% Dec 10 par Keystone Steel & W co-No par 2% *28 Kennecott 9" 16 121 ' 9%jum 117% May : 121% Apr 18 DeclO 4% Dee 23 — Aug • 104% Mar 19 9% Dec 19 Kendall Co $5 pt pf a-.no par 105 6 Dee 23 6% Dee 23 Kelsey Hayes Wh'l conv cl A_ 1 Class B. i— 1 27 *26 100 11% 28% 4 9 >8 —--'5-5: pf--100 preferred & Co conv Kayser (J) Keith-Albee-Ornheum *1% *33% 22% '22% Aug 2 14% Aug 13 5% 100 " 28% 21 4 27 29 *2 13% Dee 29 4% preferred.......... 100 Dept Stores 1 Kaufmann *4% 5 1% *32% *3212 ,36 ■ : 29 *28% 1% 2'8 102 300 12 ' *1 % 12% Jan 1C "24 15 "25 M J Chicago Union Station— 121% Mar 12 10 *10% 11% 5 *96 *103% 10,5% *103% 1051 *10314 105% *10314 HOI; *103% 106 37 36% 37% 35% 36*8 3712 36% 37% | 35% 35% 13 1334 *13 *13% 13% *13 13% *12% 13% *13>4 29 9,000 *17 1U« 4% Dec 30 . 29% M 25M MemphisDiv lst g 4s......1951 J d Chic T H & So'eastcrn lst 5s. 1960 J i) Income guar 5s Dec 1 1960 M 8 Jau 132 122% May Sept 17 No par xlieioJune 12 >2 De-30 Kansas City Southern.Yo par Kalamazoo Stove & Furn.. 3% 14% a 4s._1988 j gen 4Jis lst & ref M Kan City P & I, pf ser B 3% 3% 1812 *95 • l.COO 6% *118 ... 1 20 M HM Childs Co deb 5s; 5% 53s 336 22% 13% lst mtge - 12 % 15% Chic & 53s 4% 16 M Ch K ,*118 3% 42% 5s—•Mayl 2037 J D g 4s registered 86% July 31 - 30% 25)4 vy♦Certificates of deposit. 2 Oct 17 42 131 .♦1st & ref 4 Hs stpd May 1 2037 J D ♦lst & ret 4lis C-.May 1 2037 J D ♦Conv 4Jis series A ,...1949 MY Gold 3 lis Feb 11 59 42 30% Jan 34J4 May 16 100 .5% pref series A 800 76% 10% Jan 40 30% 29 H Deo 27% July 31 67 Aug 23 16% Dec'10 Jones ALaughlin Steel.Yo par 200 - 41% 28% 337 225 m N {♦Chic R I & Pac Ry Deo May 9 71% Sept 18 - 1 Nov 44 29% 28 43 M 42M 39 ij4:, 2% ...—1987 MY |{♦Chicago Railways lst 5s stpd Aug 1940 ,25% part pd-1927 92% Deo 8% Jau - June -130 122 , Deo 4% 10% 74% June 5%Mayi 20% May' • Nov 4% - l% May lVgMay 4% May 7 d 11%" Dec 49% Dec 26 Johns Manvllle....... Yo par Preferred 1 Jan 7 24v 1987 MY p Fed inc tax. 1987 MY ♦Conv 6l2 303 . ... 6'; 12% 1185 43 M 2000 A 1 {♦Refunding gold 4s ..1934 {♦Secured 4Jis series A..-1952 6 ,5% 38% A 43 M 38% 43 42 M 4s ctfs registered.......1988 6% 62 registered..... ♦lst & ref 36%, Jan May 30 13% May 97% Jan ;109 9% Aug 20 26% Dec 22 124 21% '"3'4" *29 Dec * *131%' 40% 18% 39% Sept 18 Sept 8 98 30% 20 -267g May 3% Sept ' 9 Feb 24 Intertype Corp...-—-Yo par . 61 34 ♦4Jisstami>ecl_. Oct 3 ) 3% Sept * 72 41M 30% Feb 31%-Jan 30 Inter 60 109% 121% *26M Jan . 49-^Oct 30 700 18.600 9 *8*4 May,20 25% Feb 15 36 *24 M 5% 2% Sept 12 26 ...50 30% 80 j ,56% 737sJune 10 International Silver 20% 80 64 M M 37 j Juue 133 June • International Shoe.—.Yo par 88 j J B..May .... Jau • 38% 10% May 40% May 48% Oct IS 500 1*4 8»4 32% 323« *131% *97% 107 29 37 28% 36 *.184 95 8% 28% *35 *97«2 107 .1% 2% 9% 1*4 *28% • 28 *35 *1*4 . *13112 28 36 *07% 107 9 *138 28 36 *97%107 184 1% *97i2 108' 1% 134 *9312 27% 70 j 1966 J 50-year 4s_.1956 j ser §4Secured 6Hs.....1936 *38 88% j ^ ls4 May 37 -.109 Oct 24 41 tstpd 4s n ♦Gen 4%s stpd Fed inc tax 1987 MY 4-%s registered. .1087 MY ♦Gen 58 stpd Fed inc tax..1987 MY Sept 18 49 62 97 71% 63% 27 *121 I Chicago & North Western Ry ♦General g 3 J4s—— 1987 MY 3 Hs registered ...-J1987 MY ♦General 4s ...: 1987 MY 2% Dec r May _ ♦Mtge A pr lSigMay • 25 M 86% 100% 90 Jan 14U . 5s gen ♦Conv 5% 1% Dpc 5% Mav 26 M *64 M J ♦Gen 4Hs series C.May 1 1989 ♦Gen 4)is series E.May 1 1989 ♦Gen 4%s series >F.May 1 1989 J tC^iic Milw St Paul & Pac RR 62-% Jan 173 : Deo " Jan 13 20 9 51% Dec No par International Salt May 145 July 26 1% Apr 16 32%May 23 38% Feb 21 -100 Mar 191% Mar •, & ♦Cen 4s series A...May 1 ♦Gen g 3Jis ser B.May 1 5% Nov. jun' 6 77 38 105 iChlc Milwaukee & St Paul- 12%. Jan 38 31% Sept 11 May 10% Feb 19 15 5% conv preferred -100 Inter Rys of Cent Am..Yo par Co 5% preferred.... 9 Dec - 113 136 Deo 31 4 Prior preferred Inteniat'l Jan 93 M Apr 6% May 2% Jan 10 13% Nov 10 2% Jan ♦lst ♦1st & gen 6s Chic Ind & Sou 7% Nov 47% Mar 2% July July 22 170 5 % Dec 16 15% Juni 91 Dec 13 167% Jan 10 42% Dec 10 Sys class A.25 Int Hydro-Elec Apr Nov 11% Jan 1 ' 94 7% May 14% Jum 21% Aug 94% 79 93M a 18% 83 15 "80M f High 8% 49 j f*Chlc Tnd & Loulsv ref 6S..1947 ♦Refunding g 5s series B—1947 ♦Refunding 4s series C.....1947 Jan 158 - 121 15M .1958 nfS 1977 ** A —^^ ♦Cen inc mtge 41is Jan May 6 7%Septll Sept 18 113% Jan 28 1941 Low 88 , 81M —— Apr 29 66% May 27 July 700 140 9 13% Jan Feb'25 6 2% 2714 6 ...No par Interiake Iron... 90% Jan Range for Year Nov , 118 Mai 13h Chicago & Erie 1st gold 5s Jan 6% 23 16% May 72 Jan iu 161 19-Dec.27 6% preferred.-.100 48 *2% Apr 2y<8Juiy 2s 8% Dee lO Interchemieal Corp....No par Insuranshares Ctfs Inc...---1 Intercont'l Rubber....No par 1% 1% *46 2% 43% 4% Aug 21% Jan 27 Sept 23 Dec II 20,500 9,100 % 12% 63 Inspiration Cons Copper.. .20 158 11% 154 130 . 47 % Jum 9% July 21 100 100 10% 158 % 12% 184 31 111% Jan 2? No par 6% preferred Inland Steel Co...: 6/09 1,400 6% 46%: Jan Feb 13 5 No par No 85 93M ' 7% 7% 147% 147% 48 *46 2% 2% Ingersoll-Rand.— 24% . o"S nq co High 85 Chicago <k Eastern 111 RR— ♦Gen mtge Inc (conv) ..1997 t j 1982 hn Chicago Gt West 1st 4s ser A. 1988 j j Jan Ma^ 20%Mny 27 85% Dee,12 Industrial Rayon..~ji.No par 800 10% 9% 158 *156 % 11% 10% Indian Rerining. 800 13% 12 45%May 22 Dec 30 2 15% May 1 15M 1949 .1949 J 1949 4s registered... Feb 1 4 Aug gti Asked & Low ....1949 Illinois Division 4s. Jan 6% 10% Aug - Bid Price NQ, Chic Burl & Q—III Div 3>^s Feb 24 XI3% ..Dec 30 10 300 *6% 9*4 7% 7% 148% 149% 46*4 47% *165% 160% 3) Indianapolis P & L Co.No par 72 10 6% 9% 47% '47% 161% RR Sec ctfs series A...1000 900 22% *22 22D *22 108% 10)% *108%,109% 149 449 220 157 71% 10% • *6% 4% Deo 10 fe Railroad & Indus. Cos. (Cont.) Chic & Alton RR ref 3s.-—1949 7% Feb May %May 6 sharo per % Dec 2% May 13 May 6 % Jan. 11% Dec 31 Dec 29 9;0 7% *155 ' 72% 100 6% preferred series A... 100 Leased lines 4%.— 100 25 99 157 72 Illinois Central RR Co 18,100 4,000 *6*4 *24% 100 *155 48% *166 134 1% 214 per 15%May 20 109 7% 26% *6*4 71% 3% *1534 16 24% 157 10 151 47% % 1078 *49 52 *49 160 ^12 12 150 3% 100 *2238 241,1 22% 109i2 109i2 *108% 109% "8 9% 10% 9% 7% 734 7% 7% 10912 8 63i 7034 % 15*4 25% 99 100 155% 1561; *155 7i% share par Sin LtdY? Hudson Motor Car fHupp Motor Car Corp..._„1 16 7% 7% *3 3% 15% 3% 15% 6% 6% 25% *38 ♦15612 *15632 per 100 - Hud Bay Mln & i No par 5% preferred 36% 3% 36% 1612 35 2% 15l2 *15 300 Share 'is Dec 24 1% Dee 23 7% 17*4 17% 3314 17% 35% 7 73s 7,700 s per 100 Manhattan K 1st & ref 4 lis series B 1st & ref 5s series A-——...1971 15*4 7 3,800 % <-.- Par > Hudson & 690 3% 19 3% !%• 3% 109 19% 2% 19 *%6 Shares D 2% *% % *%2 % 2 *1% $ per share $ ver share i per shire *% 2%' 18*4< 21s .2.1S 18W *1812 2% i prr share % *716 % Friday's fea Highest . $ per share Ranoe or Sale BONDS Year 1940 EXCHANGE Monday Saturday Ran ye for On Basis of 100-Share Lots STOCK Week's Last 8 low - . Volume 155 THE COMMERCIAL "Number? 4032': r & FINANCIAL CHRONICLE 175 -a—. NEWYQRK BOND RECORD ""fi" % VBOMOS ' Friday •--S-. • - II STOCK EXCHANGE N; ¥. . WeekEnded Jan.9 Rale Ranye or Friday's tfe- Asked ' Bid "Si. tt 2 Cs \ High Low -*v,t No '* 1941 • LOW" ,V v-_ J 45^8 —..*—-1969 J J J J 13 J. J 134. lJ*Dfiiv & ft « 1st i-t.1936 -1936 CO i8 B.4S- .{♦Consol gold 4 Hs _ - . F F 1 O "fMles M & Ft Dodge 4«ctf8..-1935 '|*Des Plains Val lstgu 4^81.^1947 / J M Gen & ref mtge , A "114: ;?J34 .11% 134 382 •Second gold Detroit Terui & Tunnel 4 m 84 1114 109% "~6 105%" 106 4 27 % 109% *30 D ♦12% 17 N 102 4 J j; j 1084 3 ; F -,'"' " 4 "*2414 6 8 1534 10.% *9(H2 100 ?' 36 54--. .1995 Ed El 111 (N Y) 1st co is g debs EleO Auto-Lite 2 %s J J .1950 J - - I) .1970 *1014 Elgin Jollet& EaSt lty 34^s;>--, .1965 .4 O ElPaso<)kSW 1st 5s... y; : 5s stam|>ed - - - - ------- -— .1965 .1 "994 -'j-'Sl. l/'S .a— 102 103 103 i 564 O J • 1st cons Gen nitge tnc 4 87 J J 1947 1st Is mtge Si-is Ohio Dlv 1st J 46 s series A- 2015 ♦N Y & Erie RRext 104 1044 52% 70 i- *89 65 '*115 86 4 50 MN 1971 M *1054 *964 & 1954 F 101 1044 874 275 52% , 854 1074 92 *90% 120 89 45%. 56 4 108 *115 120 26" 6% 6% 6% i:< 10% 36 4 10% 92 94 87 2% 99% 60 43 50 594 9% 644 75 J 93% J J D *47 574 "94 17 S coll trust 6s— 9 84 MY *1% 14 deposit„ju ♦Certificates of Frnncisco Sugar 106 l/N deb 4s-----1961 'FirestoneTire & Rub 3s deb--,. 1943 |*Fla Cent & Pemdu 5sv • 1350 | Florida East Coast 1st 4.48-- ♦ 1974 1 st & ref 5s series A - — - - - - ♦Certificates of deposit-., t Fonda Johns & Glover Hit1982 {♦ 2 -4s (Proof Alt el .din) .. •»«* Fairbanks Morse 73*" 1956 MY 69 4 ./ D 7s -. — 1945 {'♦Sinking fund deb 6 4*--. r 1940 J J ... - 14 1% 34 3 72% 14 73 39 :{*Ga C'aro & Nor 1st ext 1 J 6s.-.1934 -1945 A './ 1st gu 5s— isEIPow (japan) 7s.. . Irays Point Term W11 h decl iration With 94 107 69 874 100% *99 •« 95 y 95 79 106 4 35 IO24 104% 51 99 26 96 974 86 88 J 87 80 J 99% 96% J 97 94 784 Ohio 4s ser B... A.- — Island RB.; 1st & ref Term M 5s stpd Gulf States Steel s f 4 48 Gulf States Utll 3 4s ser 1) ♦Genmtge itic 5sser 0 87 1975 J J 714 69 554 2015 J . 108 9 51 1961 A O 37N 196 08 1084 103% 11% 23% ' 2% 2% 2% *234 609 199-. .134 (ft) Co 1st mtge {♦Housato Ic Ry coas g os. Oil 4 4 » debs loe 100 ""2,500 -i95 *AdJ Income .4 m .1962 J ludHonCo^l lHt* 15s ner 194 1stg5s.------- fudsonA Manhat J *11% 69% 69% 68% 69%' 115 5% 7 *36 ■ 110 5 1,400 1,500 O N D 984 724 104 38% MY 60 73% 36 37 13,000 10% 1st5sAr---}■;£ F A A O 194 8% 4%- 8% 13% . ' *134 1S4 3% 15 •-•'• ■ 17% . 6 6 8'S 12% 904 14% *110 3% 36% 36', *36 12 132 4 854 103 102 102 102% 74 8 79 56 714 1014 Extended 1% 2 1951 .4 J 197 192 40 *78 O 264 33 74 , 48% 134 105 100 334 il9% 17% , 5%... 3% 334 191 20% 17% 17% 3% •7*3 O 464 .1955 MY .1952 J I; 5jj 22 62% 21% 8%. Purchased lines 34« Collateral trust gold 4k- J .1953 MY — .1955 Mi V Kefuudiug 5s .1966 F 40-year 4- 97; A 93%. 894 93% 43% 294 334 15% 14 131? 15% -'300 1534 5% 13% 12,400 370 2,400 600 2,703 •1,200 8,700 170 14% - 39% 24 32 4 14% 4% t 4% 1,900 12% -12% 2,409 ; 8% 8% 8% ,•1,999 1434 •« 14 ,d4% 6,890 47S ;?/• 4% 4% 890 •' 43 159 33 4 46 4 534 74 424 55 43% 603 33% 478 4% 4% 62 V. 62 V 2I34 "15% *878 21% *14% 4% 4% 4^2 878 21% 4% 9% *87« 21% 15% 82% 4% 62 21% 4,090 300 4% 4,209 6134 62 6134 62 - : 03 63% 59 4 50 454 .1951 *40 v ' *8% 6% 6% 63s 11% 73% 3 6% 12- 12„ u,: < y 3% *8% 3% ? 9 *8% 7>6 v.; *11% *70l2 3 2% « 108 29 9 278 9 278. 278 • 6% *8% *6% 6% "12% *1 D4 *8% 6% 3 *6 2% *12 v 1,693 9 "2,090 36 28% ' 3,400 53 :: June Mai Apr 110 2% May 26 Deo 54 Jan 434 Apr 04% Deo 7% Ma' 11% Nov Ju Dee 1% • 1% 9% May Jan 434 Dee jan- 19-V Jan 179 Nov 119 6 May 110 Maj 119 July 113% May 122 3?3, Oct- Mav 56 jan 43'? Jan '23 33% Maj 45 Feb 30% Aug 5 Feb Jan 6 21% June 878 May 3078 12 16 Apr 1738 Jan 4 12 May 24% Dec 29 4% July 21 9 9% Dec 30 15 May 18% Apr 2«78 Jan 5% Nov 56% Nov 1534 Mar 0 134 Dec 18 • 46 - Feb 19 2% May 74 20 741? Sept 24 8% Mai 56 Ma.i 97% Ma» July 21 1534 Nov 27 112 May 109 Nov 17 4 Dec 10 8% Jon 11 4 Mai 34 Dec 30 51% Jan 27 41 Jun, zl% Dec 22 19% Dec 16 12% Dec Dea 20 5% July 28 23% Sept 2 23% Jan 2 7% Jan 8 f Feb 10 83 M ar 111% Deo 878 Nov 63 Apr par Corp-.^.-.o 3 1414 Jan 1334 Dec 1 Nat Automotive Fibres inc. -1 6% - Corn. 19 Apr u J 13% un< Jan 5% July 1278 Dec 18 It) 7% preferred— Deo 29 8 3% Maj II Dec 3) 6% Dec 27 13% Dec 29 160"%May 27 17% Jan 15% Oct _9?4 Apr 14-% July "'*9% 100 7% Jan 6 Sept 9 1S'4 Jan 175% Jan 7 7% Jun< 9 155 2 10 Jum 16% Dpi Jun, Feb 22% Jan 23-% Deo 834 Sept May 9 11 5% V National Biscuit Co.i : 2 conv preferred.10 Nat Aviation 3 9 Sept 16% Apr 24%. Jan 170 Nat Bond & Share Corp No par National Can Dec Corp..;.i...10 Nat Cash 3 Register....Aro par xlO Natlo ial Cylinder Ga»s C0....1 4 Dec 21 Dec2t) 7% Dec 29 Nat Dairy Products...No par Nat Dept Stores ...fto par 12%June 11 9 Nat Distillers Prod....No par 17 Dec 17 Stampiiig„Y0 par Nat Gypsum Co.a.....;-...l 84.50 conv •i preferred.Yo par National Lead Co...... 10 3% Dec 19 58 « Dec 20 48' -*46 52 ®32 ' ' 9.1 : 4734 - *1te % 51 :• 34 -"u % *48 48 "v % *7« .♦'is % :?:% Js 5134 ,.% 176 National Oil Products Co 26 Fab 14 ,36 I % . 9 43 National Tea Co...i.'.Yo par Nat mi is Cu. No par 2* Dec Newmont Mi dag Corp..-.10 Newport Ladustries 44... 1 •48 Ally 49% Nov 3% Jat 7% May 8% Oci 8% Apr H)% A pr 10% June 26% Mur 9 5 ' Feb 8 6 July May Jan 17 100 Jum 6% preferred series A. ...100 13,100 N Y O Onaibis Carp.-Yo par York D)ck.._;.uY0 par Dec i0% non-cum 8 8 Dac 2734 Jan 2 July 28 105% Not 45 Jan 15% Jan 10 ! i 2 2 24% Jan 6 8 Sept 8 13 : o st 3 13"* 13% 1334 13% 13% 13%. 13% *95 100 99 ■100 *9134 *9434 100 5% 5% 5%- V 5% 5% 5% 534 6 108% 108% *107% 109% '107% 109% *106 109% *10% 10% 10% 10% *10% 1034 *10% 1034 35 *35 35% 7 35 35% 3534 35% 35% 1% 1% ,1% 7vJ% *1% 1% *1% 1% 25 25 *21 .21% 21% *21 *21 25 10% 10% 710 10% ^.*9 ."IOI4 10% 9% 13% 13% 14J 699 14,409 *95 *95% 100 5% 5% 109%' 109% *108 ■ 30% May 9% May 87g May 15 May 20% May 434 May 104 Ma, Juueld 115 Feb 24 110 Ap 42i2 Dac 12 s.i2 Jan 0 he Jan 3 %* Oct, 29 60 45 Juu 23% Dec 10 Dec 30 1) 179% Dec 23 '109-' Feb 25 9% Dec 18 Aug 5 Oct 30 1> Feb 0 % Jau 10 35 Sept 18 313.4 Jan 8 Jan* 2 5 21-5 119% Oct 6 50% Apr'29 £50% Dec North American Aviation.".. 1 9 17% Jan 10 '10% Dec 10 93 Northern Ce itral Ry Co.-.50 July 2 58% Jan 6 57% Jan 20 'i« % %« Dpi 13% 23,309 100 334 Dec 9 107 Dec 27 Northern Pacific Ry—u.100 Nor States Pow i5 pref.Yo,ear Northwest Air Llaes_._Yo par 91 Apr 53% A|>r Jan 30% Dec 14% Feb 2734 Deo 110% Dec 50 Jan 1878 Jan 21% Jan 39 Jan 33% Mar 8% 117% Aug 58% Nov „ JdU % Jan 31 •% Dec 2 , Jau 20 Mat 175 May 226% May 106 May 117 14% May 47% May 47% May 23 15 35% ' Jan 59 Jan 58 Jan May 26*4 Sept 25 84% Jum 1 4% May 07% 9% 113% Nov 6 101 A(«r Lko 8% Aug 17% Jail 10 98 Apr 12',i Apr 115% Mar (>C'I Jai Nov 110 Dpi ' 5% 9'% Jau 14% May 3% Mat 7 110 6% preferred series..j...50 5)i preferred aeries 50 ' " 23% Not 0 Jan Nortn American Co—u-.-lO 909 2'i% July 6'# May 112 N YShipbldgCorp partstk..l 22"839 7 106% Dec 23 Norfolk & Weitern Ry....H>0 Adjust,4% oreferre J...-100 30 16 A )r 1- 8 Noblltt-Sparks Indus lnc..i:5 303 8 116 Fab 14 May 11% Aug 47% Aug |N Y N H & Hartford.. —100 Conv preferred—-uu-.-MO |N Y Ontario <fc Westerfl-100 293 ' 8 9 14 31%.Jan 18% Aug N Y Lack & West Ry Co.. 100 4,403 •: Dac 10 V 4% May pref...-u-53 40 , 25 par N Y & Harlem RR Co. ....50 2,300 110 Ncv 10 10% Dac lu 5% preferred..'Vu.Yo ■ May 4% May May 72 4,830 New Jan 20% Mat 106% Mar N Y Chic & St Louls'CO-alOO 7334 34 19% Dec 10 N'port News Slilp & DrDack 1 Jan 75% Sept 22% Apr 28 6% Apr 23 ■ 8% 8 30 105 5% pref series A-f...--100 Jan 38'% Sept 48 68% Jan 9 ' 4%% oonv serial pref. i.100 Newberry Co (J J) .no hut 27 0 1)33 "i-7 1,300 Deo 6 No par Neimer Bros Iuc..;u..ii-ii.l New York Ceatral.i..-Y0 »ar 1 Deo 15334 8% Dac 10 11% Oct 2 9> Apr 18 2 Dec 10 10% Dae 10 "17 July 21 6 )-2 July ss5 70% Dec 6 31% Dec 22 45% Jan 16 Nelil0)rn...y;— j 97,030 '*■>: 609 *%« .170 7% July 31 16% Nov 10 68 Sept 8 Dec 20 32 May Jum 43% May y28% I)e< 5% May 7% Mar 20 8% Fab 19 .. Jan Apr Fab 14 41 6% prior preferred..... 100 4 ... 90 22% Feb 10 National Supply (The) Pa.-lb $2 conv preferred .40 £ %% pricr preferred .100 . Apr Jan 132 Jan 15 July 11 2% Dec 18 42 Dec 10 Jum Jan xJ60 Jan 24 §5 cjav preferred.;..Yo par 6134 % 14% May 154 N Y Air Brake.....i.-Yo par 1,303 66 Get 267g 1678 12% Junt 10t4Sept N iv 18 ..4 .734 7% Jum 5% May _ 14% Dec 23 . 18% Apr 7% Nov May 937« Jan 10 138 100 > : 17 Nat Mall & St'l Cast Co No par National Pow & Lt...^Yo par Natbnal Steel Coro-._j._25 May 5% May 8% Jan 12% Dac 10 160% Dec 30 7% preferred A........100 6% preferred B_....... 100 3 Sept 10% Sept 25% Sept 20's Sept Apr 26 11 & Jan 16% Jan 13% Mar. 11% Jum 8 7% Fab 14 Nat E 6 Jo.il 16% Sept 6 3:% Dec 6% preferred-".10 iam 20% ' • Jan Dec *1<K% 11 «lr; -35% 11 35% .■ *1 10- ■ 21% 10 90 7%June 14 Juu May 114 Sept Ncv Oct 21 ... ' ,-'10% 400 59 : ■ 809 Norwalk Tire & Rubber Yo Preferred 27 Jan 15 40% Nov 19 % Dec 27 Dec 31 2% Jan 11 2712 July 30 May 2% May 25% Au* 30 7% Dec 23 13 % Feb 11. R>% May 6*4 Fab 19 10 July 24 '23% July 11 34 Teleiraph..-50 Norcuivesrern 3 - -4% *21" 21. 1,609 - ar 21 j..j.....-50 Norwich PuttrmacaFGoi.2.50 7 Dei 5% Jan ♦2% Jan O • 39 39% 454 41 49 414 514 : 47 44 51% it ' 47 "" •' 7%. 17% i 62% *3% .-1.1% *1.30, 7%.* 778, 7% l?s» 378 6284 ;.63 4 "*3i%". -a,L34 "18 3% 68% *3% '4 *3% / 12 12% : 5% 12 71 5% 5% 7.1? 18 7% 17%' 37« 70 70 4- *338 12 5% 1 5'>8 434 76 ' 4 ' 1134 '130 '7%. 4% *17 3% *130 ♦130 *130 7% *17% 3% 67% 64 - 4- 11%, '7% 18 3% 3% •334 63 12. 18'- 18-- ?7%' . 117g 17 14,200 5% 24,430 78 79 "-*3% 1,303 -4 12 *130 .. ' 734 .17% 12% 910 *52: *18% "21 21% *18% 21% *19% *45 55 *45 55 *45 55 55 5% *115 54 • 5L \ 5% 55% *'"52% '■52% *52 " "*18%. "21% *18% *45 *45 55 *115 ■•.■.;! ♦115 '"* 55■ ,-54 ,'61 7 -52 For footnotes see page 118 5034 63, 6 67 ' 59 54 *115 51% 50 54 54 54 6,800 30,9 O.ualbus Carp 8% preferred A--I_.--.100 Otis Elevator.. No oar 100 Otis Steel Co.—-.'....No par $5:50'conv 1st pref-.Yo Outlet Go Preferred 59 (fne)..;—..6 Outboard Marine & *115 5934| 4934 Oil,Co.—Ndpar Oliver Farm Equlp.i.-Yo par 6% preferred 21% *46 Ohio Oppeahelm CMlios-U-Yo par 2,400 .... 5%> 5% *52 55% *17%' 21% 53% »u,.. •32 % *115 179. *461-' 50" ( 1% . b>l^.., ' For footnotes see page 6 1,303 . , -• *1 i V. Mar Nashv Chatt & St Louis.-.100 108 9'l 13% *32 . ■ 95 Oct 2 ^ 45 124% Deo 118% Sept 24 123 Aug 19 113% Oct 4 30% Jan 8 Mar 27 "ar Liquidating Cq. AV Nash Kilvlaator . ■ 12% 600 74 7234 73 7234 ; 73 *70% 74 :;V; 99 *32 35 *32 *32 36 34% *32 34 k105% 108 *105% 108 *105% 108 108 *105% 20 28% "■'28% '■29-: 28% 28% 27% 28% *27%- .28 1,300 9 9 ■9% V 8% 8% 81? J0% 9% 1034 18,500 *70% ♦32 !' *10% ; •• . Mai 33% Mai Feb 614 41 39% 43 103 26 64 *38 39 4 112 115 No par National Acme Co 170 : -100 5%: *20 53 .1951 Nabco 100 15% *15 9% - 13 49 74 4 72% 53 .1951 9 Jan 14 34% Mar 6% Jan Sept 20 94 Feb 14 10378jUne ar 23'4 *108 , *53 .1951 rS8% Dee 12% Apr 17% May 15% Oct 2" 1 July 10 3% Aug 2 1734 Aug 4 !. 9 77 par 5% preferred.->•-.'i.;_.100 Murray Corp of Amerlca--10 Myers (F E) & Bro No par ? . 46 «- 394 48% .1953 Div & Term g 3s.. Gold 34s.-I.—-34 registered—t... .No 3 12% Dec $4 preferred series 11.No var Montg Ward & Co Inc. Ye par .30% 3% "" 200 ; 190 * .1951 «t Louis Cirpet Millsj.»._20 Monsanto Chemical Co.-.>.10 200 12% 8% 5 5 *13% 4% 43* 12%. *15 16% 3% 73 ♦% 47% 384 71 Ma 1 6% Mai 11% Maj 23% Mai ■ "354 "48% 40% 39% 414 40 24 6 7978July'28 Deo Murphy Co (G Q.-.-.-'-Yo • 70 434 . Jan 15 4% Jan 11 9%May 2 6178 Apr 17 3,700 ; - 86 724 2«% May 112 Oct 31 9 f 1 M.nsiogwear Inc 100 29 30 29 29% 29% 30% 28% 28 % 29% 28% 23 23 23% *22% 23% *22% 23% *22% 22% 22% 193 190 '189 193 190t2 *189 *189 187% 187% 192 117 *114 *114 117 *114 116%' ♦114 V ')1634 *114'2 11634 *114 117 10% 10% 10% 10'8 103s "10 10% 10% 10% 10% 10% 103s 51 ; 51 51 51. 51% 51% -52% 52% 52% *51»4 51% 51% 52 f6l% 51% *51%: 52 51% 517« 51% ,51% 51% 5034 51% • 46% r» .1950 gold48.:.— "Litchrieia dw ist gold :is .. Lodtsy Dlv & Term g 3'4s. Omaha Dlv 1st gold 3s .... Cairo Bridge % . 100 140 10 ,7 7% 164% 164% *163 4% i 8% 21% :■ 3'i 36 *22% 90- 43% 53% 44% 9'% Fab "ar 700 378 21 17% 3% 534 7'8 6 *7% 15% 8% c. 8% 14% «14% 22 *11% , 02% SS»5 *95 Refunding 4s May May Aim 1 45% J in 10 18 % May 1,400 5% 8's *3 V. 6 6 f 12% ; .'5% "'*8% ' 9% 15% 9 30 • — 86 *78 1952 A R5 82 ' ..10 Mohawk ' -4% 7.; *45% 864 804 91 *30 Fel 10 P25 5'«> Dec 10 V 2 ; . s 4D 11% .*185 1951 .17 S lstgold348-?-, 3« sterli.ig Collateral trust gold is.... 1st gold Jan Deo 14% May 2 30% Jan : 21% Dec 26 , 41 1214 127 *85 *80 9% 108% 3 9% Jan Dec 10 ■ 104 % Ulaols Central ftft— J July 15 Aug 22 1778 July 24 •1 9 1% Dec 62 Mjeller Brass Co..; 1 Mullias Mfg Co class B.^.—1 $7 nreferred-i..No par 1,900 , • J 17 Mai 7% Mav 53% Feb 24% Mai 2% Mai 11% Maj 37 6 Dec 29 Motor Products Corp.- Yo par Motor Wheel Corp_wA.;-,._5 38 1-7B 173.| 3% 4% 12 -8% *5 ,31% 9% n- J A or 30% Apr Mar Mcrrell (J) & Co......No par 7;. 5% 24 24 25% ,t«25,. 25% 24% -124% 24% 247, 24% 24% 110% *108 110% 009% 11034 110%. ♦J.08 110% *108 109% 109% 30 31V. 31 31% 31% 30 31,.; 32 30% 30% p 30% ' 9%: 9% 9% 79 V; 9% 9% 834 938 9% i 9 934 V 15% 15% 15% 15% 15% i434 1434 *15 1478 1478 16 *15% 42 44% 44% 43% 42% 43% 44 4234 433.1 43% 44% 42% : 12% 12% 1'278 12% •12% 12% 1234 1278 14% 11% 14% 1478 5G 6*434. 6 *5 V *5 5% *4% 5% 5% ;,*434 *4% 5% > 14 14 14% 14% 14% 14% *13% '♦13% 15 .14; 114% 15 *107% no •107% 110 *107% 110 •107% 110 *107% 110 *107% 110 !**107% 117% *107% 117% *107% -117% *107% 117% '107% 117% *107% 117% s J Jan 6% Dec '29%Sept 4% Dec 10 13 2,100 234 115 21" *13% 13% /14% *<4 9% 21% 3% " *28l{ 9% 1034 1054 1084 112% -T- BellTelep24sser A-,.1981 J .■'* * 1951 J 1st gold 4s... ■ •' 1951 X 4s registered: -1 1951 J 1st gold 848 — 71 Dec 27 :t24 2,330 56 12% 5% .7 3% : 8 438 - 4% 12% ,12% »• - *13% 107 *33 . lllnols ■'■ ■■. • Anr 9% 47% Mav 90 64 33% 0't: 2 Feb 14 Morris & Essexj;._30 15 , ■ 1 82 , 3% F)b 15 "44 5 7 9 '' 2134 Feb 15 . ,100 08 1% 334 19% 17% 3% 19'4 *13% 5% * *878 21% ,*11 ; *70% : : + t.. 29 5 9% July ! Dec 24 800 234 *53% *11% 55 68 15%,-15% 15% 15% 1621s 162.% *162% 164% 512% *8% *0% ( 123 734 104% 38% 123% 414 104 • 9 24% Deo 29 35% Dec 12 , 23% 69 37 *35% 7% 4% 14% 50 98 4 354 ■'• •.•■■' ■ Preferred .series B...Y0 900 09 5% . 23% " , 90 126 *118 4 «r*98 % - 5s.----—-l'ebl.'b. 104 : 1 No far MvKan-TexosRR_...Aro 7% preferred series A... $4.50preferred.. 10 y n: 93 79 1034 109% 1254 *97% 64% Mission Cprp..t_... 11,000 D30 51 50 ..,. Nov 8% Sept 109't Jin 70% Mar 19 Power'Iin^l...l 700 2,900 12 *110 110 *5 5% 6 11% 3% 87 12 1254 5 r ...5 $6.50 preferred y Jun- 15% Sept 18 8% cum 1st nref:.. -••..loo 83 Dec 26 Minn-Honeywell Regu No "ar 31 N >v 27 4% conv prefseries B...100 «105% Dec 26 Mrin Mjllne J«n< 110 101% A or 30 Merch A Min Trans Co. Yo par Mesta M ichloe Cc.i-i*^V5 :100 5 Jan Apr ■ 4%'-' 4% *61% ■ 6 J% 65 4 J .103; MY louston ludsonCotias ./ J A,; 1st pref.4 17% Mav 26 Mir 16% 17% 11 »«t DPC ' Mld-Contlient Petroleurn.. 10 Midland Steel Prod-..i.iYo »nr 1,500 25% 4 4s 9 Dec 90 27% May 29 Miami Conner.;." .1,200 25% Jan 11 9% July 18 5% Dec 23 100 .u 3.609 99 12 2% 55 12 8% 20% . ..-^-——194) w 5,090 *108. ♦Harpen Mining 63- 5%'conv 490 11% % 2% .12% 87 120 9% Deo 103 105 Mai Miu 3734 Sept 18 Dec 18 9 18 100 Melville Shoe Corp. Me igel Co (The) y 3,400 >• 6 10 93 Aug 18 109% Nov 29 13% Dec 29 Mav 96% Jhn< 10% Mav -,16 9 26% Dec Corp......i....Yo pari S6 oreferre d series A .No par S5.50 pref.ser B w w .No par 1,590 27% • 28% ,77, ■: 7 7 11% 23% 54 - H locking Val lstCO iB g 6 Deo 18 12% Deo ' 93% 1054 914 994 74 874 89 109 4 27% *6% 11% - 62 *88 103% 1994 ■26% 11% 24 51 14% 107 J 7 11% 23% ■ " ,:<5% Gvilf & Shin 1952 J 14%May 8 i 103% Feb >0 Mead 15 16 15% 15%% 15%. J5% 15V, 15% ,15% 15% 7.700 ? *158 162'- "158% 162% *158% 162% *160 162% *160% 162% *160; 162% 1 *142% 146 145 145 146 146 *142% 145 142% 146 *142% 146 """29 ? 17% 17'j 17 17% 1078 17% 17% 17% *16'2 1634 16% 1734 ,1,699 ' *32 33 33 33% 3.2% 32% *32% 33% *3234 32% 32% 590 3334 >3 i 3 3 3 2%' V 3 :-27« 3% y 3 , 3% 3 2% 9,890 1 51 51 51 51% •,50% .51% 5D4 5F.i 50% 5012 51% 3,409 6 !/■' 6 e: ,'578 5% 5% 5-8 534 6 534 6 534 1.4C0 15% *15% r 15% *15%! 15% 151? *15% -15% 1534 ,. 151.1 409 15% 'i: : 62 61 r 61 *58% *58% 62 *58% 63 60% *59% 60% 597„ 200 *07 70 70 70 69 69 *69 *65% *69% 7134 *68 71% ;VV 10 105% 109 914 89 71% 55% 91 O 151 70 , *84 1950 A 14 99% 97% 79 76 *63 9 874 G 26% 7 7 12 *13% 15 93% 104% 82 95 4 82% 954 97 12% 85% *116% *116% 120 51 .5% >-5% 5 ■! 604 106 1960 A Gulf Mobile & - 41% t 104 Feb - 5% 1378 f 1064 J 2% 7 .v„?8% ja>8 f. 96 46 1st 5 4« B . i J 88 20; 7% *i% :: vH 134 3% "**334 334 20y *18% "19% '.'18% 17% 17% 18 17% 3% .:..*3%,^3% f:- *8% ./ J 1,238 2% Feb Anr Jail 8 5 20 107 no.. _.... co nv preferred. i-; 69 55 ./ J 2% 12% 9034 88 12 37 m 96 65 5s series C- 1st mtge 33 287 59 4 .1950 J 13 v Apr 90 7 Dec 1» Stores Co-...^..-l 2,590 30% - st« •'2% 54 y 14 4% 4% 11% 11% v 15% 85 *80 6% 1,000 6 7 14% 11% 11% 16 11% 3% 24 8 95% % 2% 24% *110 ♦35 14 98 10 934 del) ctfs A. _.,.Peb ♦Debentures ctfs B....... 844 r 35 4 18 0 "95% 11 11%. 12% *7% S *7% 7% 15% 157« 15% 15% G6l% 164% *162 ,,164% 36 y '*'i 20 99 Jan ,28 4% 30% ._1 ■{% preferred. 10 35 *52 .1961 J ♦Green Bly & West 14 20 1947 4 48 A --k.195237 General 5 4s series B - .v.'> ^ . -1973V General 5s series C .1976 J General 44«D...~ .1977 J CJeneral 44«series E.--.— .1946 J General mtge 4s sericsG. -1946 J Gen mtge 4s series H -1967 J Gen mtge34sseries l-r---■ Glllf Mob <fc Nor *10%: 43 ...... - 4« (lecDration..-yr- Great Northern *V; 964 J 98 100 71 1% : 3% 39: 9 4 " -1944 l8t& gensf 6 . n, 114 "964 5 shar ver 53% 2% Mav -.100 MPKesson & Robbins I $ per share 36% Mav McGraw-Hill Pub Co.. Yo par Mclntyre Porcupine Mi ies..5 r.IcLcllm share par McGraw Elec Co 309 1,409 2878 534 14% *20% 20%.-20% 64 ,..o% y 5% 5% 37 *1% 1214 8 J (♦Good Hope Steel & I r sec 7s.1956'J 1) ioodrich (B F) 1st4 'is.. — .1946 M 8 lotliam SID Hos deb os w w. .1942 JD lotiv & Oswegatcbie 1st os— kit Co 121 35 M N 534 14% 100 91 89% *116% 120 120 •7>; ' 1214 - - ------ ♦20-years t deb Oh — ----•■--1948 J 'Jen Steel Citings 54s w w-1949 ♦ J eorgiaA Ala Ry 5' -^ 3,700 , Highest par tl.Yo pref-..!..Yo conv preferred per ' N £24 1> With declaration 7-00 11% 104 74 64 J |men Elec (..ermany) 20% 100 13 '26% -26% *110% 4% *31% 5% 5s.. 1949 ■ *117« -♦69 *110 18% Co cons g 400 . 6% S share Lowest j 5634Sept 19 278 Jan 14 McCrory Stores Corp......_l 1,409 *117% 123 *117% 123 ♦117% 123 11034 1 034 *110% 112 *110% 112 *110% 112 27% 28 26% 27% 26% 20% 26% 27% *37% 38" 38 38 *37% *37% *37% 38 3: 53 12% 71 17% "3% las & El of Berg 281, 5% 14% , *28 oer McCall Corp. j*No par 100 . Hioh*st 40% Dec 23 il Dec 19 1534 Dec 31 709 271, 26% S Par 2,100 *117% 123 " 3 52 *69 1044 107 9 *115 ■ , 11 11% 24% •!" 24 .24;. 12% 106 S3 preferred. S6 1stcuta . 27:- 28'4 5% 1 99% • 7 VA 10% 2412 52 D 25 15 2 % 13 90% 26% v 1956 J • 11% % , % 2 ; .12% T23 24% 24% 5 "36 4 . "" V . >M.*y DeTirtment Stores....10 'Mivtag Co.. 1.No par 93 1,000 i ' 101 A 2,100 9% 9% 978 978 13% 13% *13 13% *107% 111 *107% .111 16% 16% *16% 16% *7 V 7% *6% 6% '32 32% *3178 32% .28!% ■ 100 .12% " ■• % * 02% ♦117% 2% * '93 - Ranoe for Previous Year Hun On Basis of 100-WAar< Lots ' Lowest Shares 46% 1% 20 *89 20 *89 25', 5«4 14% 20%- ' 15% 20% *11'4 1 <1 12% •13 24% V Ernesto Bretla 7b 12' *11014 112 *110% 113 28 27% 27% 27% 38 K. 38 *37% 38 105 80 93" *1%' ♦17% -38G y 2 vl.% *117J2" 123 4'is series A.-- .1957 .1995 M 4s series 1*-'-££■ share 7>er 46 *98 : % ■■■ -13 12% Erie Railroad Co— 1st cons M 24% 28% 100 vGOO 371- -104Jg *11% D ■ 1%" 55 4 58% S 48% 1% . ■ 12% u :: 55 60 ' 21 ' r *1% *17% 38% 38 37% 37% 37% 37% 37% 101% *100 1047s *100 104% *100 1()178 „21«?,J .2% v.;2% ,2% : 2% 2% 2% 2'% *21.1. 2% *58% .62., f 60 y ,62 62 *60% 64 60% 60% *62 2% 103% 106 4 58 4 60 1 shore "sr 46 IP *89 6 , 14% 20 ^ ; 100 .37% *95.- 60)2 *11% 1494 152 98 102% T>% EXCHANGE • : 102 93 160 4?—: t- 57» 10 100 t 1 2% 0 . 15%. 1084 108 ? 46% io»4 "ii'f ■,19%. .49% 36% *58% - 95' - 24% 24% 2484 28% ■•!'28i.y28% ■28 26% 64 i9t I. - 1054 109 *108 : Range for Year 1041 ;i NEW YORK STOCK Week. - 15% 24 104 f. 1 i ~ •*](K> -104% .1948 f STOCK5? ' * h * 24% ■-■26% i o Minn Nor Dlv 1st 4s.. .1956 MY Eaet Tenn Va & Ga Dlv 1st 5s. *89- ioi2': 101'r 10% *23li 954 m ■" 10 44 101 108 4 106" it.-.-. East Ry Jan. 9 103g 103, 10% 10% 10% 19% 104% I0-H2 *103% 1051- *104% 107 '' *104% 105% *104% 106% 106% 106% >■>634 " 6% "«% *- "76% 6% 6% 6% 6% * 108 r '108 103%'108 *103% 107'? *104 107% *104 107% w 6%'y61? F-*6 6 0% 6 6 ,6% *6i8 6% *64 ■„ 73% *65; ,73% *60 -■ 73% *69 73% *69 73% *56 72 ■? *57% 72. 72 *58% *61 72 *58% 72 31% 32 ,31% 31% 30% ,31 31 31 31 31 4% : 5 5%/'.'..5% ■V-ui-s%;;T'. 6% *478 5 -5 5% 5%' 5% 25 24% 25 25% 25% 25% *247g •25% 24% 243, 24% 24?8 'tli 1' 1024 1074 30 108 4 ■*90y^95.v: \ *6%' '24 6% 17 4 i •*102l2. 6'4 6't 7% *64 73% 88 : *55 108 % H2% >73 109 k, 31% 1124 31% 46 $ "tr sfiare , 10-% i ■ 18 17 *10i2 - , 4 41 103 Shore 4534; ?.453+j ! 46% *1%*. 1% 1% *17.1-:19> *17 i. 1% 18% ' . 6% 34 72 % 234 1074 S 45's 1% I 95 - 174, 48 97 1024 1074 15% 1084 "17" J Atl«5s—-1937 DuiiueHiie Light 1st M 3 46s..—1965 ■■ ♦. 1950 M A' MlSs & lr Range Ry 3H*u.1962 A;'. O J }*Dul Sou ShoreA y 1 , in 1> DoWChemlcal deb 2 D01 7% 1 Jan. 7. 10 *9l|, 10 ; 10 : V 10% 19% 9% 10 13%: 13:% 13% i"13% 14 13% 14 14 1084- 111 \\ *1084111 108% 108% *107% 111 15 15 15 15% ■M5% 15% 1534 16 *6% .,-7% W., - 634 c v ".03.| (■7 6% 7 7 .30 -30. *30 y, \ 31* s 31 32 32,31-., 1 108 4 1034 106 106 1084 7 4 17 H 10 52 151 4054 J Hs .---1961 "45 4 "57% 105 44 'iiili S D J 4s 1995 Is...---------1995 Detroit & Mac 1st Hen g 2' 14 ,14 •11%. ,134 .54 54 J 1970 --y- r - - - - - - ;lw 13 O 3 VSa ser G...1000 M ref 3s ser H 5 Jan. if- shore per 45'f " -1% 18K| '-"*89 1034 109 "" 1% ♦ Fx*.-----1.965 ..Detroit Edison 4s ser 502 23 S .(•/.: ;Gen & 574 1074 *106 .4 ♦Ref & Imnt 58 «er B-Apr 1978 " 21 1054 105 A |*Denv Aft'O W gen 5s.. t Aug 1955 v ABie-itecl (HUbJ to plan) , ' •54.. 1074 1074 J * 106% 101 '"574 J r-rr*'—1^60 1st & ref 4 '48. 1st mortgage J 1971 105% D Is.1.1—1943 ON Del A-Hudson 1st & ref Del Power & Light 1st 4^8 , J .1064 S 45 - ■ l;Vt J 11 the Frida'i -Thursday ; }Jan. 8 . 45 *16:% J, Wednesday Jan. 5 $ ■"it shore : ""Dayton P A t 1st mtge 3s—..1970 Day ton U riton By 3 s ser B ;.u,_196{> 'Tiiesdovv High * H Sales for '■ AloniUiH Saturday • • PRICES for Fear yjt.t" -• NEW YORK STOCK RECORD LOW ANl> HIGH BALE Banye . 15 H)O0 ;:' Jdn. 3 - V 1 - Week's Last Price. y,, Railroad & Indus. Cos. (Cunt.) .i 1 •• ■+* ' -.}>!"• no.„„.i ~uv a * <"» 5,7t9J par Mlg.r>._5 ....No >ar ........100 Owe is-lllinois Glass Co. 12.50 )3 34 Fao 19 2 D3C10 54 1 Dec 30 ,2% P'ao 24 9% DSC 10 140 June 4 334 Dec 10 J ul 6 104% Jan 7 6% Sept 17' 17-% Jan 8 150 Jau 11 5% Jum 10% May 7 % May 95 May 2% May 11% Jum 124% Jum 8*4 M«v 23% Apr 14% Mar 112 5% 18% 150 Mar Apr Jan Deo 9 10% Jan 10 7 May 12% 40% Apr 16 60% Aug 27 21 May 47 16 26% Jan 6 19 June 32% Art 56 ? 9 55 Jan 120 Jan June 4 46% Dec 31 120 Mar 20 3334May 1 120 Oct Mar 26 52 % Dec 31 47 May 115% May 42 J um 04% Jan Nov Jan THE COMMERCIAL & FINANCIAL CHRONICLE 176 Tuesday, January 13, 1942 NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday LOW AND HIGH for Tuesday Jan. 5 Jan. 6 $ per share $ per share $ per share Jan. 9 Week $ per share Shares N. Y. STOCK EXCHANGE Jan. 7 $ per share the Jan. 8 Saturday Jan. 3 Friday On Basis NEW YORK STOCK Thursday Wednesday Monday BONDS Range for Previous Year 1940 Range for Year 1941 of 100-Share Lots STOCKS Sales SALE PRICES S per shar4 Par $ per Snrlngfield Div 1st *8 8% .1 11% 11 7 7 7U *684 19% 2834 133.1 14% 99% 100 *140 *13818 148 7 15 1 1 *1 *22% 22% 9834 15% 23 14% 8% 8% 9834 14% 13% 17 17 13% 59% % *93 8% 20 1% 1% 2834 17% *15% 16% -15% 80% 79% 2 2 2 2 1% 44 " 1% 1% ll2 * 41% 13% 14% *100 110 "20% 21% "21" 21% *21% 221 *22 23% 1 46% 1% 21 20% 21 4634 6% ll9 1% 28% 16% 78% 43 6% 47% 2534 2634 *">% *5% 47 4634 48 26 26 26 26 *26% 27 27 27 27% 6 6 31% 3034 *38 38 74 741.1 40 *75 | 38 80 534 76 10% 29% 40% 76 76 10% 75 *1*8 2 52 17 17 *100 118 *100 16 118 *100 118 *8% 33 3234 39% 5% 5% *59% 70 9% 174 32 *65 6734 68 834 9 • 6 6*8 33% 478 434 4% 60% 33% 68*4 478 6% 6% 61 60% 321o 32 32 69 69 ' 9 -1 .... ■": *9% 9% ■V—. rKr 13% 96% 13% 14 13% *86% 13l2 96% *86 90 99 99 99 *109% 114 *110 114 *110 *120 123 122 122 121 *97 98% *113 25% 478 31 80 10 10 1,700 97 86% 10 99 *110 122 122 934 *98 111% .109.122 122% 9 9% ; 10 3,600 Poor & Co class B._—No par 2,300 Pcstal Teleg Inc pref..No par 5,100 Pressed Steel Car Cd Inc.... 1 300 4,900 5% conv 1st pref ..5 5% conv 2d pref—.—-.50 Procter & Gamble No par 60 5% Pf (ser of Feb 1 '29).100 200 $5 preferred ..100 6% preferred... 7% preferred— 100 8% preferred.......100 9% 98 *95% 87% *87 88 10 10 - • 96% 87 10 9% • • « 300 900 1,200 10% 10984 Oct Pub Ser El & Gas pf $5.No par Pullman Inc..........No par Dec 10 4% Dec 22 64 im 24H J 8 104% Ref s f 6s series A..... Jan 23 Nov 43 Nov 4% Jim June May 3% May 30 Jan 27% May 2% May May 36 22 May 16 May 6% May 6484 May 13% Nov May 8 6 154 l 167 7«4 Apr 49 51 Jan 43% Jan Oct 16 75% Jan 6% Jones & Laugblin Steel »i«May 85% 9 434 Feb 14 5% Dec 10 0% Dec 9 21% Dec 24 Kansas 8 50 June 14 92 Dec 24 100% Dec 29 117 Dec 24 Dec 154 ♦Ctfs . 6% preferred.......4'..100 83®4 Feb 15 5% May 1234 Jau July ;•1 434 2 6 •* Oct 6% May 6% May 21 May 63 June 112% May 28% Dec 9 100 May 8 14% Jan 1484 warr *834 9% 9% 9% *834 *8% 9% 9% 100 9% *8%' 71*4 118% 278 50% *52 52% "3% *3% *46% 48 *46% 48 16 16 16 16 io»8 10% 10% *22*4 13% 2334 2334 14 1334 10% 2334 14 21 25 21 *1% 1% *1% 3% 2% 53 52 ...... 3% *46% 15% 10% *24 3% V 48 ; 16 *46% *15% 10 10% 9S4 24% *25 25% 25 13% 13% 25 21% 13% *21% 21% 25 25 21 *2084 21 *2014 *1% 2 *1% 401- *40 4034 40 *13% 15 *13 1334 *13% 141} 7 7 *6% 734 13 *10% 12% 9 9 9% 9% 7*4 40 40 *10% 9% 984 61 *55 61 *57 61 *56 *30®4 39 39 39 38% 9% 61 38% 3% 3t2 3% 3% 3% 1834 18% *96% *80% 19 96% 96% 84 *80% 6% 6% 6 68% 7% *68 68% 7% 8 81% 4% 25% 4% 26 . 43% 115% Apr Jan Apr 137 145 4 126 June 158% Feb 11 143 May 165 117% Oct 2 29% July 22 114% Oct 16% May ■ ■' 6% Oct 3 84 8 73% May 12% Oct 24 9 'June 51 *50 June 25 600 21% 21% 500 2 *1% 47 *11% 133s *10% 9% 13 *10% *6% 93i *6% 7% *59 63 40 40 4 ""loo pref.. 100 "3,566 • Apr *3% Reo Motors v Republic Steel Corp...No par 81% 81% 6% 6% 70 70 87« 47 footnotes see 70 1 8234 0% 6% *67% 8% 8% *81 84 8% *82% 72 83% 5% - *66% 8% 84 8% *83 4% 4% %34 434 25% 26% 2534 26% 54 50 50 *50 50 *3l« / 8234 8% 8% 8% 8% 4% 334 *17 18 *934 *' page 16 47 ; 178. 17 ?8% *8% 5 " 9% *44% h 8% 8% 41" 17 10% *44% 8% *8% 4% 26 *50 *316 5 72 *83% 86 400 *578 6 6% conv preferred....... 100 6% conv prior pref ser A. 100 6 2,900 Revere Copper & Brass.....5 ♦116% 120 83% 118 50 ■*67 8% 72 8% 40 8% *83 84 2,900 10 84 4% 4% 4% 2.2,00 26% 25% *50% 26% 13,100 54 8% 8% 5 54 8% *8% 30 1,600 8% . 8% , 5 *41.t . 500 1,100 *16% 17% *16% 17% 100 9% 9% 9% 9% 1,300 934 47 *44% h . *%i 47 *44% I9 *%! 47 „ lo :—. Dec 22 89 15% 3Hs registered 2% Sept 17 16% 7% preferred5%% preferred ....100 ^100 Reynolds Metals Co...No 5 conv par preferred.—100 Reynolds Spring I Reynolds (R J) Tob class B. 10 Common _■ i........ Richfield Oil Corp Ritter Dental Mfg Roan 10 .No par No par *37»4 June 11 7 6 Jan 13 Jan 3 Sept 24 13% 10% 63% Feb Jan Dec 69 Jan 14 May 8 101 104% 107% 100 105% % 4 ! *% ■ 98 94 98% 97 98% "76% „97 % 101 92% 76% 79 : 76 78% 57% 70 76 79 99% 89 89 79 .' 56% *76 1997 J D Ltd— r 76 49 •50 . 1st & ref s 95 .V 89% 82 5 96 95 91% 84 85 17 82% 80 8C 80 29 77% ; 25% 62% 68. 60% 95 95 93 98% 67% : 71% 36 ; 69% . 70 67 *71% • ♦98% *66% A 1961 F ' 61 5sstamped-_*...*_...... 1964 75 72 58 A 40 79% 76% 80 *68% 1954 F fr,i¥m 39 % 70% 36 39% 1944 f 5s..i..... 100 73% 35 61 V 61 59 68 37% 58 8 36% 35% • -t < 67V ' 1st- & ref s f 5s. .•....^..1974 F . 5s stamped.. 58 1974 Leh Val Harbor Term gu 5s... 1954 F f 48 registered.... ; .....2003 A 4%s registered LehJVal Term Ry ext 5s Lex <fe East 1st 50-yr A 5s gu 1965 Libby McNeil & Libby 4h_._._1955 J Liggett & Myers Tobacco 7s...1944 A _ . s f deb 'i: :59" 44 30% J 43 246 16% 14% 34% 31%;, 17% 36% 10 .26 33% 83 36% 102 54% 117% 8 84 51W r-. -s' O 114% "J........... 1951 F A 121% 100% 114% V 8 6 121% 1C 101% 113% O 3%s.......l946 ^♦Lombard Elec 7s series A... 1952 F A J 1) 102 Li ... 96 96 A O 1951 F A A.. 1969 J J 5s debenture... J— Louisiana & Ark 1st 5s ser Louisville Gas & Elec 3%s 48 33% 39 58% i 120 103% 107% 114% 123 121% 131 95 105 102% 105 122 % 82 122% 79% Lou <fc Jeff Bridge Co gu 4s 1945 M 8 *106% Louisville & Nashville RR— >' 1st & ref 58 series B 2003 - 88 76% 106% 111 82 108% 108* 107 101 2003 97 90% 1st & ref 4s series D 2003 90 90 85 97 . 109% 99 101% 1st & ref 4%s series C 99% 91% 99% 114% 122% 121% 128 96 114 1966 M S 103% 98% 91% "96*" 93 93% 30% 93 95% 114 10584 Sept » 103 105 6 ...1949 M 8 1944 102% 16 *93% ..-.1949 M 8 ;Guar ref gold 4s... 102% 102% ♦Long Dock Co 3%s ext to....I960 A O Long Island unified 4s 1949 M S Lorillard (P) Co deb 7s » *107 19% 111 104% 1952 A • 50% 20 34 104% .1962 MJV 53 39 127 29% *112 v "19 30% 26 O 66 50% ;27% 32% 61 * 33 47 , •48% 2003 .2003 MN 735% 1951 A O (54% — . 5s stamped modified 58 debenture. 47 32 - >50%" .... 2003 M N 4%s stamped modified ; . ♦58 A Lehigh Valley N Y 4^8 ext... 1950 J J Lehigh Valley RR— 1 4s stamped modified.......2003 M N 105% 92% 101 87% 96% 90 1st & ref 3%8 series E,_ 2003 1950 101 101 100 Unlf mtge 4s ser B ext 1960 104 104 102% 109% 106% 103% 106% 84% 88 Paducah & Mem Div 4s ,St Louis Dlv 2d gold 3s 1946 84 83 83 Mob & Montg 1st g 4%s..,.1945 M S ^♦Lower Aust Hydro El 6%s..l944 F 82% 85 *104% .1980 M S South Ry Joint monon 4s.... 1952 J J Atl Knox & Cine Div 4s....1955 M N 24% Nov 70% May May 60 7% May June 70 May 39 8% May 75% Mar July 1 •• 6 6% May 7 53% Jan 13 30% Dec 52 May 'Dec 24 103g Jan 34% Jan 12% Aug 26 Apr 15 5% May 9% Jan 27 7% Feb 14 484 May 97% 1434 117 Dec Jan Nov 74% Dec 157* Feb 96%* Apr 11% Nov 86 - 111% 91% 105% 108% 112 83% 90 108% 111 110% 88% 88% 111% A May 66 Oct 9% Nov 7% Jan 3% Aug 11% May 12 Feb Nov 24 22% Apr 12% Dec 15% Nov 4834 Jau 14 1 Aug 2 45% Oct Dec 48% Nov 1% Feb 584 Jan 16 Nov 18 " % M D 80 79 1960 J 1) Gen mtge 4%s series A Mauatl Sugar 4s s f.._.Feb 1 1957 MN 52 47 52 41 49 44% 49 108 Maine Central RR 4s ser A 1945 J Manila Elec RR &Ltsf5s.._ 1953 M Manila RR (South Lines) 4s. .. Marion Steam Shovel s f 6s 1947 *95% 1940 *61% J 1945 70 A McCrory Stores 1955 McKesson 1956 J del? 3% & Robblns 3%s O J Mead Corp 1st mtge 4%s 1955 M S Metrop Ed 1st 4%s series D...1968 M 8 74% 45% 81% 87% 44 70 25 36% 88% 98% *98* 86 98 85 70 0 101 *.00% 109% 85 105 105% 104% 98 67% 64% 104% 108% 109% 79% 105% 102% 105 105% 107% 109% 112 % 1950 A O 55 55 54 F A 5 5 3 For footnotes see page 179. • 53% 47% {{»Met W Side El (Chic) 4s... 1938 Metrop Wat Sew & D 5%s 82 28 *27% 98 (Stamped mod) ext 5s 17 68 1941 / {♦Market St Ry 7s ser A..Apr 80% 88 S 1959 M N {{♦Man G B & N W 1st 3%s__ Stamped 44 1434 Aug 22 21 8% Dec 10 »i» Dec 29 8»4 Nov May 15% July 28 95 22% Dec 23 49% Dec 30 42 Jan Feb 50 8034 Sept 24 Apr 17 1 100 6% May 8 Aug 6 May 2234 Jan 8 {Rutland RR 7% pref 4% Jan Apr 100% 106% 170 106% 108% 106% 108% 106% 106% 103% Unif mtge 3%s ser A ext 23 Mar 101% Feb 10 6% Dec 30 75% Dec 29 2% Dec 1«4 May Oct 13 97 1484 May 19«4 June May 17 27 55 7 103% 101 86 161 106% 106% 81% ' v 40% 83 92% 334 Dec 26 9 Antelope Copper Mines. 9% May ; Apr Dei 61 Aug 16 Ruberoid Co (The) No par Rustless Iron & Steel Corp... 1 $2.50 conv preferred.No Par 23 June 129 6 43% Deo 6 Dec 11 4 Deo 29% May 37% May 17% Apr 67% Jan 23 ; 60 June 3% 25 4% Dec 9 97-. Apr 21 77 69 Apr Apr 13% May 24 May 10% Nov 19 Dec 22 14% Dec 7% Nov 28 9% July 16 30% 88 83% *155 5s stamped.............1954 Feb Nov 18 12% Jan 18% 77% 95 1997 J D — ... 5s stamped Feb 16 2% Dec 29 96 Jan 13 50 80 95 1st <fc ref May 53 22% Mar 12 7 Apr 22 1 t c new 140 II934 11934 xl 18 2734 Aug 12 107% 110- 109% 110% ..... • ♦72 Lehigh & New Eng RR 4s A*.1965 A O Lehigh & N Y 1st gu g 4s 1945 M S Lehigh Valley Coal Co—• 32% Jan 11% May 97% May 15% May 18% July 25 24 1 34 4 19% Dec 29 Rensselaer & Sara RR Co.. 100 21,700 ■ 2988 Aug 10% Dec 10 22% Dec 13 34 100 700 43 Dec 24 7% Apr 21 53% Dec 20 18% 119% 119% 23 9% Apr 30 240 63 2% Nov 18% July 28 6% Dec 10 97% *9634 • 9 8% Dec *111% *40%. ♦1st mtge income reg .1975 Dec Lehigh Coal &Navs f 4^s A.. 1954 / J Cons sink fund 4 ser C..1954 J J Jan Dec 30 334 Jan 2 55% Oct 1 21% July 25 .....10 Remington-Rand. _.t .1 Preferred with warrants..25 4% *58 Dec 10 Reliable Stores Corp...No par Reliance Mfg Co 9% 407g 4 100 Preferred Reis (Robt) & Co 1st 13 9% 4 61 ""230 *38 13% 7% 2 88 38% Mar 14 14% Dec 29 5 Real Silk Hosiery 1% 40 *11% 50 50 4% 1st preferred 4% 2d preferred 17% *44% For 2478 97% 934 47 1 25 21% ...50 18% 934 *44% *% *3% 3,500 25 $3 preferred Reading Company 97% *J634 *3% 13% 300 17% 18 334 *25 1,200 100 6% conv preferred Raybestos Manhattan.No par Rayouler Inc... ........1 97% 10% *3 800 "2,766 18% 26% 8% 100 17 98 2534 8% 46% 4% May 48% May 2 i8i2 V 17% *17 8% 8% 13% "3" 10% 25% 14% 9% Sept 4 9634 *10 8% 10% 25% 278 *1578 *10% 4% Jan 62% Jan ..No ihit Radio-Kelth-Orpheum...... 1 17% 8% 8% 4 18 8% 16% 2% Dec 29 47% Dec 26 85 Dec 29 couv 23 18% 1947 J Lion Oil Ref conv deb 4 %s 1234 July 16 1st pref..No var $3.50 108% J 3% to. Lautaro Nitrate Co Mat 118 Radio Corp of Amer...No par $5 preferred B ' 9634 81% 4% "50 48 39 39 +■' 46% • 108% j.,.1942 4 O 4s stamped 18% 4% 81% *79 934 23,100 1,000 51 51 *88 - 64 1959 M 8 Lake Sh & Mich Sou g 3^8 * 98% 84 6% *116% 121 121 *117 3% *U4 40 13% *6% v 734 13 13 *10% 2 40 *11% 3 278 3" 48 10% *35 *6% 3 "3" 3 3 51% 1 16 13% *24% *10 2% 51 *88 *46% 1534 13% 2 3 52% *88 V 25 25 21 *2438 *52 *88 *88 3% 3% 2% 3 2% 2% 52 V -58% 31 4 5s extended at Apr Jan 123% Jan 15 1 48% 69 75% 56 Coll tr 6s series B—„—_1942 F 45% Nov R i *85 8% Apr Quaker State Oil Ref Corp.. 10 49% 32 63% 69 A A A Loew's Inc 9% 32% 18 (par $925).. 1943 Little Miami gen 4s ser A *9 138 42 59 Coll & ref 5^8 series C 1953 F Coll & ref 5^8 series D—..1960 F Coil tr 6s series A_—_..<k4..1942 F Jan 128 107% Dec 95% Aug 88. .44 ., 67% 108?* J {♦Laclede Gas Lt ref & ext 5s. 1939 .4 O Dec Dec 16 -. 39% 69 ,.1960 J {♦Kreuger & Toll 5s ctfs Feb 20% 1107s May 8% Dec 10 Purity Bakeries 22'4 Jan 12 95% . 40- 63 H 1st & ref 6^8.1954 J 1% Mar Feb May Jan 88 *84 43 M .....i. 4Ms unguaranteed ..1961 J Kings County EI L & P 6s...-.1997 A Kings Co Lighting 1st 5s...... 1954 J 73% Dee 16% Apr 161% July % Jan 11 99% stmp (par $925)..1943 MN w w Jan 12% 29% Jan Feb 14 7 8% 15 110 9 Mar May Ma. 151% July 2 120 58% 92% _ Oct July 28 6 40% 95 42 4s. 1936 Kentucky Central gold 4s 1987 J Kentucky & Ind Term 4^8...1961 J Stamped.^iii.AsTf—s»,,«..1961 J Plain—. 1961 J May 178 .Jan 4034 Jan 2 61%Sept 9 July 24 • 3 19% Dec 114 May 7 13% Jan Dec 10 115 June 19 13% Jan g City Term 1st 4s ♦Ctfs with 16% Nov 8 134Juiy 25 13% Oct 4S% 94% J H Karstadt (Rudolph) Inc— ♦Ctfs w wstmp (par $645)..1943 Jan 838 Jan 10 43 ;.!i 48 I) J Kan City Sou 1st gold 3s 1950 Ref & impt5s...—...Apr 1950 Dec 17 334 Dec 3^s__.1961 •Certificates of deposit Apr 21 3 13% Dec 29 16 June 5 1H K Deo Mar 31 « , Kanawha & Mich 1st gu g 4s.. 1990 7% Nov 46% Deo 9% Nov 11 164 S Feb 28% 67 Mar 31 A M James Frankl & Clear 1st 4s.. 1959 J 41% Nov July 15 164 50 53 ,% a 1955 F Feb 66 10 15 09% 32% 1 46% 30% Jan 4% May 5 May 16% May 6/'Dec 10 .40% 95 83% 256 43-% Dee 4134 7 7% Jan 6 9% Jan 10 65 37% 76% •19 434* 46>* 260 94 ./ {♦iowa Cent Ry 1st & ref 4s.. 1951 '■ 9 !'? 4 90% J 4Ms..1952 Lake Erie & Western RR— Oct Dec 10 g Ref & ext rntge 5s 3% May Jan 3% Dec Teleg deb 94 Debentures 5s___ 9 Feb 4 89 ■ A Koppers Co 1st mtge 3^8.... 1961 M Kresge Foundation 3% notes.. 1950 M 8 181 45% Feb 14 24% Dec 24 10 ...1947 F 1st lien & ref 6 8% Nov 47 2 18 20 51% 102% 105% 101% 105% 24 104% 19 1% 18% 8 195 12 104 85 Int Rys Cent Amer 1st 5s B—1972 MN Jan "13% "Apr 87% Deo 14% Nov 97% May 2 11% 22% 50 24% 103% 1955 M 8 % 8% 60 13% • J 1944 _.... 122 1% J3 . 11 O Jan 166 Z94 5% conv preferred. 100 ...No par Jan 96% May 4% Jan 40% Aug 19 5 13 A Internat Hydro EI deb 6s. Feb 7 29' J 1% - 1H In ternat Paper 5s8erA&B....1947 J : Apr 68 Aug J ; 2% Mar 10% May 62% 10% July 15 15 2% Nov 44% Apr 23% Nov 24 May 11«4 Dec July 14 O A ♦1st 5s series vl956 ♦1st g 5sseries C_..........1956 Apr Mar 6% Dec 10 — .... Dee 174 7 (The) 97% 103' deb 4s conv {♦ Int-Ort Nor 1st 6s ser A. 1952 ♦Adjustment 6s ser A.. .July 1952 » Feb 70 834 Jan 2 84 " Jan 30 Dec 31 18 29% 163 No par Pure Oil 5 14 Dec 3j 10934 Oct 734 Jan 46)2 Jan 2% Dec 29 27 May 23% Jau 11 52 9 75% Dec 18 360 > 1% Dec 29 z3S% Feb 14 13 / Dec 18 11% Dec 10 400 12,100 14,600 110% Dec J—No par - 11% 25%June 37% May 12% Jan 10 i89% Sept 17 ...No par Pub Serv Corp of N 400 i. 434 May May 5% Dee f Dec 22 No par Plymouth Oil Co.... — -—5 Pond Creek Pocahontas No par 200 100 12 1952 Deo Nov 6% May 47% July 14 91 July 21 Dec 18 Mar 28 — 122 87 *95 100 111 96 V 10 1 Chic Ry Co 100 Plttston Co (The) Dec 10% 99 15 7% Jan 23 35% Jan 2 72 Pittsburgh Forglngs Co 102 9% 96 86 10 V 91.1 9% 100 No par ^ 17,900 86% 96 86 10% 10% 14 110 85% 84 10% 100 + m + 105% 46s4 73s Apr 105 Pitta Coke & Iro n Corp.No par 1,300 \ 86% 116% 116% *113 116% *113 116% *113 24% 25% 25% 2534 25% 24% 25-% *95 /• 97 *95% 97 85 • 13% 99 27H Oct 46% Dec 16 3% July 291 7% pref class B 100 5% pref class A ..100 5 Hi% 1st ser conv prpf.100 Pittsburgh & West Va. .lOO Pit Youngs A'sht Ry 7% pf.100 68 86% 122 Jan 21 Pitts Screw & Bolt.. ...No par 460 14% 110 99 21 Pittsburgh Steel Co...No par 31 100 Jan 17% May 11% May May 10 77 250 ...... 13% 8 38 2 3,100 *65S4 *35 6038July 51%May 23 3,600 478 6% 59 86% *97% 102 14% 86% 113% 9 934 9% 934 14 *85% Dec 26 Dec 10 35»4 Feb 20 — O Nov l%June ■ No par 5 100 $5conv preferred 4 1947 A Interlake Iron Feb *""5%May 100 7% preferred .... 123 116% *113 116% *113 25 25% 25% 25%' 9% 14% 8834 Sept 18 238 Aug 1 30% July 11 9 25 Pitts C C & St L RR Co—100 Pittsburgh Coal of Pa.... 100 6% preferred 20 100% 1986 M S Deo 23 54 2 6 09 Pillsbury Flour Mills ~ 105% 100% Apr 4 15 Aug 22 ll%May No par 7% preferred.. Phillips Petroleum Phoenix Hosiery 104% 100 M 1956 gu 4s series B {{♦K C Ft S & M Ry ref 17 Philip Morris & Co Ltd 10 Preferred 4H,% series...100 Pitts Ft Way & llo 14% *1% 14% *16% 484 Ho 14% 18% * 4»4 10% 8% 834 900 8% ... Jl" *1% *1% 1% *1% 1% *1% 1% 14 14 14 137«" 13% 14% 14% 14% 18 13 *16% 18% *16% 18% *16% 18% *161" 5 5 478 4% 6 4% V'"5.Z' 434 434 4% 10 *10 10 10 10% 10% 10 10% 9% 10% *9% 8 8 7% 778 7% 7% 8% V 7% 8% :8% 8% 8% *7% 8% 87g *7% 8% 8% *8% 834 '• 834 834 ♦26 28% *25% 28% 28% *26 28% *25 29 *2734 29 29% 52 51 51 51 52 51% 51% 51% 51 5Ho| 51 ' 51% 116% 116% 116% *116% 116% *116% 116% 116 116 *116 H6% *116 1% 14% *16% 4% 900 " v20 174 6% *57% 681; 934 25 8%May 17 Phillips Jones Corp 105 O June 1 "May *25% 15 41 ...No par $6 preferred 10 45% 46% 16% l%May ID4 May 984 June 2 4% Dec 29 Philco Corpi..4>— 600 51" 69 , 31% """666 3% 3284 8% 6 3% Jan % Dec 26 18% Dec 27 ...No par 5 Preferred 2,000 118 *171«4 57% 57% 3034 68% 69 69 9 9 578 6% 32% 2% *5% 4% 434 478 59 57 15,566 17 *100 .... 300 7% *60% *171% 6% 33 8% 174 3684 Jan 5% June 9 5234 July 16 17% Aug 20 112% Mar j 25% Apr 4 17% Dec 9 20 Dec 26 100 Phelps-Dodge Corp... 52 70 5% 100 39% *31% *30% 63 M'- Dec 26 1 Co.—100 100 5% prior preferred 240 74% *3% 5% . June X 35% Dec 29 1634 8% 8% 87S 87g *160 174 *.'...174 9 9 3334 5% 63 71 25 *134 31% 5% 4 3% Aug 20 Philadelphia Co 6% pref...50 400 1,700 1,200 70 31% 89% Sept 233s Dec 10 *6% 3% Dee 13,500 108 3% 4 *3% *32 43 5% Dec 29 *41 118 *100 118 *100 3 4% Dec ll 3834 16% 13% May 34 May 4 Pfelffer Brewing Co—No par *64 52 16% - 4% 60 16% 334 34% 5% *184 *41 17 29% Dec 6 Jan Petroleum Corp of Amer 10% 74% 39% 2% 3834 2% 52 *41 60 174 60% 6% 5% 5% 60 9 9 *. 4% 4% 3334 3334 5% 5% *55% .70 *iiv 60 334 334 334 3i« 3% *134 52 17 39% 39% 2% *4034 18g May Jan 1 34% Apr 23 11% Dec 24 108«4 Dec 30 Ry May 14% Dec 54% Sept Pet Milk Co-- 10% 15 4 700 76 6% May 203g Jan 300 40 *105 7% 10 5% preferred 4% May May 7 1% Dec 19 —100 50 Peoples Drug Stores Inc.....5 PeoplesOL&CC (Chic).100 {Peoria & Eastern Ry Co..100 Pepsi-Cola Co '--1 630 Jan Dec 12 73 5% preferred... Pennsylvania RR — 470 4% Mar 25% Apr 30% Jan 10 % Dec 10 6% Apr 21 43% Mar Penn-Dlxle Cement—No par $7 conv pref ser A—No irar Penn G1 Sand Corp No pur Pere Marquette Oct 64 Oct 30 2 800 *38 70 *64 70 1,800 8 30% *5% 29% 76 108 *6% 7% *64 40% *134 2% 52 15% 15% 39% 40% *134 *42 74 600 36,400 Dec 24% Dec 29 14:|8 Dec 30 No par Coke Corp 1 18 9 6% *5% 10% 71% *10% 1434 Apr • Proof Co—2.50 ParmeleeTransport'n-.No par Patino Mines & Enterprises.10 Penlck & Ford No par Penn Coal & O A Int Telep & Tilford Ino .1 Park Utah Consol Mines 1 Parke Davis & Co — .No par Co Inland Steel 1st mtge 3s ser F..1961 A Inspiration Cons Copper 4s 7% Jan 8% Nov 684 4 3 3 14% Dec 69 % 22% J 2% May 12 May Jan 11 16% Dec 115% Dec 20% *108% J Dec 106 *6(f" 22 X Ind 111 & Iowa lstg4s_._*;.__-1950 Ind Union Ry 3 % May 26% June 99 Sept 75 33% 48 ,8% 33 66% 78 15% 28% 106% 108% 102% 107% 98 101% Mar 1 542 {♦ind & Louisville 1st 160 9% May 27 -10 Park & Penney (J C) Feb 628 42% Jan 139 Jan 10 51 46 % 38% Jan Jan 21 36 41H 42 H 16% May 1% July 29 60 46 H 60 June 37% 65 55 A F 34% 144 4 56 65 D 1963 Mav 115 19% Dec May 31 10 1st & ref 4 Hh serles C....... ^♦ilReder Steel Corp 6s.......1948 May 6% 56 75 D Joint 1st ref 5sseries A......1963 . 8 Jan 27 .10 56 Apr Apr 2% June High 95 *50 1951 1951 33 1 6 1941 No. Low High *75 25% May 934 Aug 3% Jau 7%; Jan' 7 % Feb 15 19% Dec 9 99 14 Aug 15 APr21 Low 111 Cent and Chic St L & NO— Jan 4% Jau10 27% 5% *26 78 *105 107 *6% , 70 *64 70 39% 41/ 40 *40% 74% 107 6% 63s 6% *64 70 10*4 75 103s 75 108 ,44 ' 1% 18% 6% V 634 47 4734 2534 27% 17 40% *76% 1,600 *1% 29% 40% 30 40% *107 43% 26 29% 3034 75 6V *6U *62 5% 6 40 *106% 108 *74 27% 5% 6 76 *39% 10% 10*8 10% 10% 5% 5% 29% 5% *5% 5%| . 100 100 2634 534 6% 47 28 500 25,266 47% 40 700 2I84 6% 27% 1,200 1 22% 1834 6% 48% 1*4 4134 2% 21 1% 18% 27% 3,900 *13 14% *102;" 110 45% *1% 48 78% 500 *22 23 11 1834 6 82,600 1% 21% *22 2512 5% | 110 21 " 48 *5% 5% 14% *13 *102 "165 20% 55% 8 95% Feb 14 100 6% 1st preferred 6% 2d preferred Parker Rust 18% 55% 41 42 *40% 3,100 16% 75% *1% 1% *1®8 6,600 *®8 V" I- 23s *1% 1% 19% 67« *1 20 28% *15% 79% 46% 46% 1% 28% *% 1% '2812 1%' % 13% 24 6 18% 6% G38 11" 400 V 4% conv preferred..-—-100 Paramount Pictures Inc -1 9,600 17% . ■ Jan Feb 12% 8 1934 Aug 1% Dec 29 4% Dec 30 1% Dec 29 American Airways 2334 163 Deo 26 10 Corp.5 Pan-Amer Petrol & Transp..5 Panhandle Prod & Ref...—1 Paraffine Cos Inc .....No var Pan 700 13% 13 *15 *15% 50 18,700 1434 109 95 „ 684 May 9»4 May . Feb 19 147% Apr May 388 May 126 11 Range for Year Asked <fc Apr 8 11% Jan 28 28% Jan 24 40 Jan 8 17% Dec 18 10% 2 15% Nov 21 26% Dec 29 100 434 June 8 25%Nov 3 4% Apr 17 6% Dec 27 Corp...l Pacific Western Oil Corp...10 Packard Motor Car No var " 17 1% 2lio *22 4f>7„ 105 14% 100 55% 14% 21 23% *95 1434 14% 109% 109% 13 13% 17% 110 *105 21% 99 400 23 55 42% *13 14% -i 1,500 1% 23 2 *40!.i 110 21% 23% 467g 46% % 19% 4 15% May 10 Pacific Tin Consol'd 27,100 6,500 1,000 21" 12% Sept 15 784 Nov 7 9 I84 Apr 23 10 .No par ..No par Finance Corp (Cal).lO Gas & Electric...-.25 Ltg Corp......No par Mills .No par Telep & Teleg. 100 preferred 6% preferred — 300 % *1 1% 801 j 15,900 23 % 7934 2% 8% "8% 81" 8% 18% " *55 Pacific 140 15 55% *% 55% 80% 260 15% 2%- 2% 15 17 1% 29% 1612 28% 1,600 Pacific *5% 20 2812 *15% Pacific 99 14% *17 Pacific 900 23 99 13 *% 6% 1 108 1234 5,000 2% 15 23% 14% 108 ,13% 234 V1 1 1434 55% *12% 13 6% *22% 1% 15% *40l8 110 4634 9 1% 22% 95 ■ 2 44 13 2% 15% 8% *1*8 11 ' 2% 14% 55% 13% 2% 1% * 2% Pacific 148% *538 2*8 6 800 99 98% *147 2% 21.1 80% 2 *41 *5% *17 17% *55 79 77 6 13% #lo % 13% *54% 2 14% 15 110% 111 1% *15% 17 148 *94 28 28 27% 100 148 *1 20 1% 1% 1% 27 *15-% 100 148 22% 13% *17 100 1st 2d preferred.. 30 2934 *14% 15% 15% 15% 15% 148 15% *8% 7 19% 19% 30 100 2% 113 13% 13% 19% 30 15 15 15% 14% 19% 3012 Pacific Coast Co—... 130 290 19H 934 7% *7 7% 19% *297s 99% *5% *9834 105 *108 111 111 *7 10% 10% -• 10% 7% :; 20 *17 19% 7% Apr Pacific Amer Fisheries Inc...5 260 .5% 4% 5H 5% 10% 10% *7% *17 2 23 2 2 1434 :. 148 99% *143 1% 534 2% 15 8% 1% *SU ~ 20 *17 11% 7% 19% 29% 29% 148 134 5% 2% 14% 8% 1?8 6 134 8% 51" *478 20 19% 19% 1934 28% 28% 14% 14% *99% 100 19% *23U 534 *17 11% 12% 11% 20% 20 20% *734 5% 534 5% 534 5% 20 400 8 8 8 Bid 3^s... 1951 g Western Lines 1st g 4s 4s registered.... 8 Price Nft, Railroad & Indus. Cos. (Cont.) Illinois Central RR (Concluded)—') •; $ per share $ per share S per share share Friday's Highest Lowest Highest Range or Sale Week Ended Jan. 9 Lowest Week's Last £>T3 r EXCHANGE 80 6% Number 155 Volume THE COMMERCIAL & FINANCIAL CHRONICLE 4032 NEW YORK BOND RECORD Frlday 1 £■§ BONDS . N. Y. 8TOCK EXCHANGE Railroad & Indus. Cos. {Cont.) .(■ <, 1941 No.\Low ' High Lou) SALE PRICES Saturday 1st s ! 78—1950 JD Ref A impt 4^8 series C._.. 1979 / 69 J-l - «, » 30 67 98 J 62 >12 107 30 43 61 3 ' Jan. 6 Jan. 7 Jan. 8 Jan. 9 Week $ per share 99% 70% % per share $ per share 1 c . 58 v ' 32% 3178 106 43 ... JtMil Spar A N 102% 107% 28% 52 . 59% 66 26% 37% 2 65 •••' 65 35 .7. 37% 25 i 18 icy 20% >94 ~*6%? W 1st gu 4s. .1947 M S -20 ^ 15 ♦Milw A State Line 1st 3^8-1941 j , S per share $ per share $ per share Shares 8~" = 15 ," A St Louis 5sctfs-_...1934 MN fist A ret gold 4s.—;-*-'--»1949 q *Ref A ext 60-yr 5sser A.i.,1962 Q yf 1 .Ci ; 0 m 1% %, -V- 30 6 *3 - ... ■ % 1914 115 ?8 88 ASSMcong4s!ntgu'& j §*lst {*lst ' t J lOJfl co:is 5s _.._1938 cone 5s gu as to int.,^1938 ♦1st A ref 6s series A_;_i...l946 ♦25 year 5Hs.->v„---ii!«.-1949 J j j J J J 61 J J ^ 9% J j ♦1st A ref 5^8 series B .—,.1978 t*Mo-IH RR 1st 5s series A... 1959 , 97 H 36 M ? ' .V.i. . MB v;; - Mo Kan A Tex 1st gold 4s.:«..1990 J D M - ■4; *2% S l• " . 1 •. -39 11% 9% . v 10% ;«i7 10% i Tiik" 107 11% tit _ 2 ■- 61 97% 8 32 36% 357 . . 1% H'h 53- .3 97% .61; 7%.-13% 7% 13% 8 '13% Friday : 24% 11) 88 *33 116 V, *32 % " Prior lien 5s series A.1962 J 1962 j Prior lien 4^s series D.....1978 J . ;?• *'s »M 33 ■' *»16 iv V ,7 *1214 127« *2 7 , - 2U •. 56 SOU 97% 40% *80 2 ■2 *2 10 "4 89 ; 116 *80 ' ♦1st A ref 5s series A 30 20% 30 449 .'l2% 32% 24<H> 21 % 24% «92 11 27% ♦54 . 58U 21% 25% 9% 288 11% 3% 28% ■"7- 434 5 170 > 26% 79 ! "2% 9% il .8 ... 1965 F A 26% ♦Certificates of deposit...— ♦General 4s... ♦1st A ref 5s series F 391 •; 14 2% 1% 1977 M s j 9% *2 T: 5% 6 26% 22% ♦Certificates of deposit....... 23% 26% ♦Certificates of deposit ♦Conv gold 5 J^s 27 1949 M N g 5s series H—j—1980 A O ♦Certificates of deposit.*—... _,... .. i. ♦1st A ref ■ : 28 *87 2812 74 19% 20 29% 29% i" 16 1981 F A 26% 19% 28% 7- 426 27 26% 22% 25»% J*Mo Pac 3d 78 ext at 4% July J38 MN 84% 80% 20% 84% Moh'k A Malone 1st gu g 48...1991 M 48 45% 48 ♦Certificates of deposit. . .t... Monogahela Ry 3 J^s ser B——1966 F Monogahela W Penn Pub Ser- A 79% 89 29 41 . ; *109% *111% ...1965 '".■' 5'2 558 58U *55I4 5U *434 6»4 58U 514 Montana Power 1st A ref 35^8.1966 104% 105 104% 33% 33 33 1214 12'2 12'ft 334 13% 334 13% 13% *1 *1 1% 28 27% 27% s 1941 80% 80% 1955 80% >■: 60 *50 f 5s series B.... 1955 62% 4 'w *50 Gen A ref s s f 5s series I).... 1955 *50 Morris A Essex 1st gu 3Ms.—. 2000 1955 Constr M 5s series A "f "05" ~~39H 36% 40% 36% 32% 108% Constr M 4J^s series B,—.. 1955 23 1397g 193s *1U4 1134 13% 12 34 12% 16 16 16 16 734 *1% •8% J7g *15% 15% ♦i% 15% 22>4 22% 36% Mountain States TAT 3j^s.. 1908 Mutual Fuel Gas 1st gu 5s.... 1947 178 32 178 32 36% 108% *110 102 ..•2 114 v 20 20% 11% 11% 12 11%: 12% 1178 '12% 18% 17% 33% 12% 1734 34 t 34-% 36l8 34% 36% 134 1% 17g 212 2% 30% 3534 58% 5734 4% 4% 4 43 35% 36% *57% 58% 334 4 *40 41 40% 41 41 42 42 3812 38% 38% 38% 37 *108 *37 116% *108 116% *108 4838 48-3g *47% 49% 4% 4% 4% 109 109 109 »3J '33 % 13« 1% *48% 49% 5 4% 4'8 *108% *1077g 109 : *'u % % 1*32 1'4 72 .» 106% 102% 105% 101% 106% 62% 116% *108% 49% 7 1960 Nat Distillers Prod 3Hs..._..1949 National Steel 1st mtge 3s..... 1965 104% 104% 102% 104% 103% 102% 104% Natl Supply 3?»8.»..........1954 103% tl04 *. *117" ♦Consol guar "G2"~ 5s...1945 4s.,....—...1945 guar 1st gs 4Kb series B.. New Orl Great Nor 5s A ...... N O A N E 1st ref A imp 4 62 10 50 60% 22 45% *120 124% 107% 107% 107% *73% 76% 105% 77% 105% 105% -12 75% 134 ..1955 105 % .74% 72 1st A ref 58 series B : "7 7 7 11% 12% 11% 13 12 2014 20% 20% 20 20% 20 2038 26' 26% 26% 40% 40% 39% 40% 32% 33% 32% *30 78 327g 31 *5334 55 31 31 55 55 57g 6 4% *4% "438 n-c inc 5s..1935 ♦Certificates of deposit.. ♦1st 5sseries B...... 40 37 40 *30 ,1954 39 41 *53% 126 37% 37% •Certificates of deposit ♦1st Ss series C. 1956 F A 40% •Certificates of deposit..... ♦1st 4 Ws scries D 1950 , 42 52 ' 5434 40 ♦Certificates of deposit...— ♦1st 5^s series A..........1954 41 7 39 ♦Certificates of deposit.. ■r 1: V 41 37 1; Gen gtd 4^s : 111% 52% 7 57 % 95., 93% 46 .• 10-year 3^8 sec s f..._..,.1946 2013 5s series C ...2013 95 110 v';' 20 89% 51% 47 52 899 41 53 58 481 44% 59 52% 59% 307 45 69% 67% 77% 77 78% 78% 31 58% 78%. 58% 3^8 ...-1952 N Y Cent A Hud River 3 Hs—1997 3Ms registered... 1997 Lake Shore coll gold 3M8...1998 3 M » registered Mich Cent coll gold 3 Ms. ... 1998 1998 ♦ "56% 3Ms registered..........1998 54 51% *47 - - 29 56% 50 78% 102 63 65% 542 1st mtge 3M« extended to... 1947 6s debentures.. Connecting RR 3Ms A...1965 N YDock lstgo!d4s ; 1951 5% notes.. ■ ' 1965 3Msser E—.1966 *94 100 61% {♦N Y A Greenwood Lake 5s.. 1946 N Y A Harlem gold 3 Ms.... . 21 61% 72, 6 108 108 108% >, 108% 108 108% 112% 70% .2000 *115% 112% 65% "104 5 12 54% 46% 7 "58" '-.•1 9 57 58 6 *98% 65 66% 54% 19% 19 5 *3% 5734 4's 3'g 4312 43i2 400 320 58i2 4 7,400 3714 8% preferred ♦Non conv deb 4s. —^=-1947 ♦Non-conv deb 4s 724% 90 24 21 237® 21% 47g 19 24% 5% *4 :7S:;7 V- - 54 14% 1% 13 25% 25 24 6s registered v .1940 30% ♦Debenture 4s ♦1st A ref 4Mb 1957 ser of 1927...1967 t♦Harlem R A Pt Ch 1st 4s.. 1954 ■ """260 Squibb (E R) A Sons..No par Standard Brands......No par 300 100 3,600 II.000 $4.50preferred......No $6 26% 69% 100% 105% 48% 53% 57 59% 101 18% 16% 25% 25% 221 18% 123 24% 56 18% 17% 30% 682 20% '40*4- -47% 113 X*N Y Out A West ref g 4s 1992 •General 4s ..1955 t*N Y Prov A Boston4s N Y A Putnam 1st con gu ...1942 4s...1993 N Y Queens El Lt A Pow 3 Ms.. 1965 N Y Rys prior lien 6s stamp... 1958 21 u. 5 4 % 22% 5 18 27 717 78 73 78 24 4% 1% ...... "45 109% ° .4% 1 4678 Dec 29 Dec 10 40 10 51 Deo 29 66 Sterling Products Inc...' 5 Stokely Bros A Co Ino 1 300 *5512 *124 478 141.1 478 39% 109% *105 713 .33% 28 33% tnw «« 7* 54% 2% 19% 31% 72 86 7% 69 3% 7% i% 82 1 3 - "45% 109% 106% - - - 20 25 .... Starrest Co (The) L S..No Stone A Webster 4% Dec 24 19% 22 21% 221 5 5 5% 5 -5 700 ' 70 5% 5,100 ClassApref (4M%cum) 100 Sunshine Mining Co 5 4't Dec 22 1434 15% 2,400 Superheater Co (The)..No 194 l'l 1234 12i2 1,800 1,300 Superior Oil Corp_..„ 1 Superior Steel Corp._i_ai._100 1914 *18-% H4 1234 1914 *18'2 5 *3U 5 *3l4 300 5 Sutherland Paper Co _10 Sweets Co of Amer (The)..50 Swift A Co ,___25 24 24i.s 24 24M ^200 21 2112 2034 2134 4,200 Swift International Ltd.*.—. 5>g 5,000 Symington-Gould c-M' 5's ♦413 5 50 Apr 14 117%June 2 par 14i8 Corp.____l 3% Dec 10 9 12% Dec 29 21 1% Dec • Dec 16% > 23 4 9 5% Aug 4 Aug 8 24% Sept 19 77, July 10 May 4% May 4 Dee 6 May 6% May 46«4 Aug ""7%M* Jan 10 25 19%May 5 16% Dec 12 3% Dec 9 May 56 Jan June 11 Jan O t 20*4 May 29% June ' 23g July 11 18% July 31 23% Jan 2 9 9% Dec 10 16% Nov 29 3 - 8% July 23 8% Jan 7 66% Deo 4 126 July 10 3 % Dec 10 100 6 8% Jan 10 6% Nov 5 3%May No par Studebaker Corp (The) 1 Sun Oil Co... .No par 14«s 24 35 *29% 2 1 'g 2% 8h *8% 38% 8% 8% 8% *8% 39% 38% 39% 38% 2U 34% 2% 34% 2% 2% 34% 34% 6'g 6% 6% 6% *5 5' *1% 5 8% 8% 40 3 934 43 78 4U 35 *32% 4 v 6% 20 *2% 7; 6 8% 9% 97 6 % 9% 33 33% 34% 42% 42% 4% 10% 4% 4% 10'4 834 8% 1 1 61% 1,014 43 7g 7741;:c 6 ;i 9 10 97 r 33% 4% 4% ,9«4 9% *7g 9% 9% 1 *63 65 *63 6% 8% 77g 8 4% 934 9«4 93« 978 15 2% 27% 26% 6% 6% 32% 65 778 21% 2% 32 29 4% *6% *934 8% 21% 2% 2% 27% 42% *63 C ' 33 9% 95% 32% 42®4 *7g 6% *2012 2k : 27 27 634 11% 8 22% 2% 28% 99 36% 100 54% 108% 111% 108% 105 9 Texas Pacific Coal A Oil.-.10 9% Sept 46% Deo 5% Mar 4 3% Feb 18 5% Dec 10 900 Texas Pacific Land Trust conv 30 1 9 5 Dec June 100 6% Aug July 10% Jan 44% Sept 4% Sept 60% Sept 5% July 14 Dec 12 -—1 10 preferred May 21 3% Dec 10 30 Jan 17 1 % Dec 100 i 500 Thompson Prods Inc.-No par 3%June 30 24% Nov 13 34 % 900 % Dec 23 7 Dec 22 18 1516 *63% 6% *934 778 *20% ..,-25 Thompson (J R) 800 Thompson-Starrett Co.No par $3.50 cum preferred.No par 934 6,400 Tide Water Associated Oil. .10 95% 200 32% 43% 438 9% 3,600 3,100 2,700 ,700 $4.50 pref No par Timken Detroit Axle... 10 conv Timken Roller Bearing.No par Transamerica Corp... Transuc A Williams St'I No par Tri-Continental Corp 65 8 22 40 400 S6 preferred.;. ...1 No par "5>00 $1.50 preferred 23ft 28 4,900 Twin City Rapid 1,090 11% Dec 17 99% Dec 35%Sept 27% Feb 19 37% Dec 9 4 5% Jan 13 17% Jan 2 1 " 12% May 1% Oct 9% May 20 May 3 May *17% May 16% Aug 434 May No par Tran.No par 100 4% Dec Oct 5 May 7 Dec 36 Dec 2% June 30 Juuc 3 May 20 June 234 Fel 4 Jan 2534 May 1 May 8 May 8% May 81 May 18 May 35% May 4% May 10% May 4% May 1% May 9 64 9% Sept 17 24 Dec 4 May 23 16%May 20 % Dec 10 16 Feb 13 Aug 3% May 6% May 5 May 14 May 1% July 31 27%Sept 9 9% Jan 13 9 l%May 13% May 21% June 9% 59% June 6's 6% 6% 1,500 32% 31% 31% 31% 3134 2,600 Under Elliott Fisher Co No par 87g 8% 8% 8% 8-% 2,900 Union Bag A Paper....No par 7 Dec 10 37% Sept 17 1234 Jan 4 70% 73% 74% 69% 71, 73% 74% *11234 114% *11234 114% *112% 114% *112%114 *11234 115% ♦112% 114 107 107 108 108 108 107% 107 107% *107 107U 107% 107% 13 13 13% 13% 13% *13% 13% 13% 13% 13 13% 127g 69 69% 70% 68% 69% 69% 69 09% 69% 70% 67% 68% 79 79 7834 78«4 *78% 80% 79 80 80% 797g *78'8 797S *9% 11 *10% *10% 11% 11% *9% 11 11% *10i4 *10% 11% 26% *26 26% *26 26% 26% 26% *26 26% 26% *26% 27% 34% 3478 34% 35 78 34% 3478 3534 36 36 361.J y35% 36% 101% 102 100% 101% 100% 101 10234 104 3g 103% 104% 102% 103 9,900 Union Carbide A Carb.No par 60 Feb 14 79%Sept 17 —1 6% 3>4 July 9 6's Twin Coach Co. 2% May 2678 May Jan 6% 6% Dec May Jan 7% Sept 17 11% Aug 9 9% Jan 30 5 2% 4% May 33 2 Feb 19 4 4% May 28% May 75 10% Aug 21 10 7% preferred... Dec 51% Jan 2 6 2 678 Mar 25 % Dec 9 60 Dec 30 20th Cen Fox Film CorpNo par 800 2% 27% 6 9 9 Truax-Traer Corp.....No par Truscon Steel Co Jan 6 8% Dec 23 1500 2,900 Jan Jan 10 1% Jan 18 9% Mar Transcont'l A West Air Inc. 978 6% 11% 6 95% Aug 2 ,616 9 22 23 25 8 6 30 40 Aug 20 4% Jan 6 38 Third Avenue Ry._ 6 7% July 28 4 2 2 4%May 12 38% Sept 1? 9 32 No par Thermoid Co...... conv Dec No par Preferred....... $3 div — 2 30% Dec 10 pref.....No par 900 0 934 11% Dec 6 J00 300 % 0 *9% 64 0% 97)) i 6 6% *27 4% j 1 *9% " 9 95 38% Aug 22 3% Jan 16 1% Dec 26 6,700 35 278 5%Nov 1C Dec 19 27 27% *6 * 4% 9% 9% 21% 21 21 6 278 5 5 2,900 $3.60 43 7g 9 ~50 34% Feb 19 The Fair..... 4 *31% 314 33 43 10 10 7g 2% *42% 5M% paruc pref... Telautograph Corp....T Tennessee Corp... Texas Co (The).... -.25 Texas Gulf Produc'g Co No par Texas Gulf Sulphur..-No par 3 42% 33% ' 9 934 42% 6% 6 35 6 95 43% 4% 8 9% j, 9% 33% 33% 42% : *8% 97 11% 27% 6 .0 *933i 97g 934 *92 • *9% 28 2% 200 17,600 39 *3 4 *3112 2% *36% 5ft *6% 26 4 4% 35 27i2 6% 778 421.1 % 11% 2% 4214 41 8% *2% 3 27l2 8% 62 21 778 39 *2% % *9% 8 *36's 27% *6% 2% 8% *36% 39 7; *2% ■? 3 % 634 21 Thatcher Mfg Co 8% 11% 734 2,800 514 8% 734 *8 3%May 10 Texas A Pacific Ry Co....100 514 *6% 2 2,400 5% 8;s *9% 21 10 734 *5% 27% 1 62 ! 878 734 5% 8% 2'2 % 4% 61% 2,000 6% 5% 6's 6% 9 42 7g 1 2% 34% 6% 5% 3412 6'g 27% 97g 32 7g *8% 2% 34% 2M 34i2 6'g % 95'% *10 3634 2% 3 *0 »u 9 9 *92 8«4 38'i *20% 26 26 % 2% *8% 37U 34% *4% *4% !•" 4% .*31% *31% 35 2% 2% *2% 4% 878 6% 8% *41% 35 *31 """eoo 38% 2% 8% 37% 2% 41% *2% 437g 4I4 31% *178 34% 8 3 Talcott Inc (James) *4% *2834 214 6% 8% 100 478 3H2 *178 *29 l'« 2% *30 41% *2% 47g 35 34% f 8% 8 7% *36 42% ■i *4i2 478 *4% *31 40 87g 7% ■> 29l2 8«4 74 U 30 9 32 30 9 74% ' 73% 9 9 9% 32 8% 73% 74% %6 310 h 1S32 •32 % »i« 32 % 11-% 11% 11% 11% 10% 11 ,11% 10% 11 10% 11% 10% 10% 10l2 10% 10% *105 112 *37% 39U *17 18 *105 38 *17 *105 110 109 38% 38% *17 18 38% 18 10% 'u '.11 % 15% 15% 15% For footnotes see page ll31 15 178. 132 % 10% 3 10% 10% 1078 10% 10% 112 107% 107% 107% 107% *107 38% 38% i 38% 38% *38% 40 *1634 18 17% 17% :*16% 18 *1034 ' '33 15 For footnotes see page 179. . iU ,1234 1% 19% *3% 57 5514 12534 125»4 *124 12% M 48% Aug par Jum 1 May 2% May 9% \\ j 34% July 29 Feb 14 Dec 31 Stewart-Warner Corp.... 4,800 98 33 2,400 14,400 May 33 2,100 4% Dec 6 25% Mar 30% 5434 534 400 112 .25 30,400 1,900 534 May 26% May 6 Standard Oil of Ohio.... 13,000 39U 315s 54% 434 May 40 1 25% Nov 26 30% May 19 May 45% May 9 17%Mar 30 578 33 Dec 23 Standard Oil cf Calif. .No par Standard Oil of Indiana 25 Standard Oil of New Jersey .25 3834 31i8 Oct 14 >8 May 6% May U 29% 28% 28% 29% 29% 4% *98 8% Dec 18 10% Dec 17 cum prior pref No par $7 cum prior pref ...No par 00% 113%July 16 1% Jan 6 4% Mar 20 21% Mar 21 22% Mar 21 % Nov 17 78 Dec 26 : 1% May 3% June 31 21 22 2« 6% Jan June 19 108 par Standard Gas A El Co.No par $4 preferred ........No par May 117% Aug 19 48% Dec 22 3% Dec 10 5,300 3,300 8 28 60 47% Dec 29 I.5,700 25 55 f8 237« 5 4% 4% *^9% 5 83g 125% 17% 26% 100 preferred 6% July July July 39% July 38% July 678 Jan 57% Jan 40% Aug . 31% Feb 19 111 Dec 20 32 578 Deo 1 Square D Co..... 393.1 303g 5 19% 38% *92 106% 110% 107% 110% ^1 "47% 27% Dec 29 27% Apr 25 64% Aug 3 ~6%~May 13% May 17% Nov 3 69 Dec May 23% May 9 Jan 22 34% Dec 26 265ft 55 ' Mar 17% Dec 13 .No par Coav $4.50 pref 2 Dec 10 60 $3 conv pref A ...No par Spiegel Inc-..-........;i..2 conv 2 37% Oct May 128 19% July 31 36%Nov 24 19% Feb 14 23% Mar 13 1 May <- Mar 31 3 13%Sept 17 1434 Aug ; 1 Jan 8 5 14 273g Jan 11% Feb 15 $5.50preferred.No par Spencer Kellogg A Sons No par Sperry Corp (The) v t C.....1 Spicer Mfg Co ....No par 5% 150 Dec 24 *10 Sparks Wlthlngton..No par Spear A Co 1 3918 6 24% *3% : *1 '8 *3g 65 78 37 ..1948 {♦Collateral trust 6s. Aug 16% Dec 18 Mobile A Ohio stktrctfs 100 2034 13 2'4 2% 7 23g 66% 60 4% 38 4U 98% 102% 89 , June 120 ;-100 20 38 32 21% 22% 434 *31 99% 97% 79 03 . 24 19% 20% 20% 19% 25% 1956 ....1948 25 20% 1956 ♦Conv deb 3 Ms ♦Conv deb 6s 20 %_ 24 24 *13 25 5% preferred JN Y New Hav A Hart RR— ♦Non-conv deb 3 Ms..-—...1947 *Non-conv deb 3 Ms 1954 ♦Non-conv deb 4s ......1955 100 Southern Calif Edison 2034 55% 24 5 24 *41U 76% 92 ----- 4% 13% *2 <8 68 116 53 2% July 25 103g Aug 15 23 g Dec 8 32 *54% 57 125% 126 14% 73g *37-: 111% 118% 73% 55% 71% S<4 70 64% 122 104 8,000 4's 514 1% 14% 5 83 112% 53 N Y Lack A West 4sser A.....1973 4Msserie8B ..1973 ♦N Y L E A W Dk A Impt 5s,-1943 a 3 71 1948 Purchase money gold 4s.....1949 7 94% 60% N Y A Erie—See Erie RR N Y Gas EILt H A Pow g 5s 98 100 307g 3412 4% 553i 13% 6'g ■ ..1947 N Y Edison 3 Ms ser D 1st lien A ref 97 'eiiil .......1950 N Y 21M 30l4 *33M *5734 4% 5% 14% *6 73% 64% 900 *1912 4»4 1% 26 77% C'....:.-.-1978 Ref 4Mb series 4,200 31 4'4 5's 13% 34 New York Chicago A St Louis— Ref 5Ms series A....,—..1974 S'castem Greyhound Lines..5 So Porto Rico Sugar...No par Feb 19 Southern Ry._........No par 10,900, " 438 1% ' 87% 44 10 58% 73% 71 50 9 % Deo 10 25,000 "300 35 1 13 Southern Natural Gas Co.7.60 Southern Pacific Co..-No par 1®4 234 5 13% *18% 2% 63% 58 Conv secured : 65 414 14% *8% 96% lief A impt 4}{s series A m *212 414 1% 38 69% Ref A impt , *1®8 *55 South Am Gold A Platinum. 1 7% May ; 1% July 10 May 16 Aug 1,300 68,600 500 4% 7 4% 5 5% 133., *29 ' 45% 41 134 2h 10% July 22 Jan 44 107 *100 56% 12 34 43g 14U 2 .........1945 1158 2,000 7% Dee 29 9 45 47% - Newport A Cincinnati Bdge Co— N Y Cent RR 4s series A.,... 1998 1258 1158 40 13% Feb 28 44% 33% .4 1158 5% 125%126 4% 4% 4% 20% 48 32 - ... 4% 4% *314 46% 46% 32 <42 37% 8,600 478 *54 54% 125%125% 24 32% * 1 15M 23 231.1 25l8 1427g *137 1427g 20 38 2012 20 ->8 5% 438 *l8-r>8 33 % — *5% 1*8 133B 39% 35 12 40 55 6 14% 37 34% 29 40% 39 *35% 700 200 1,000 4% 5% 4% 54% 126 VV, : 32 3 37% 38% 40 • *4 4% 5% : 438 30 - 32 56% 5% 4%- 514 I7g 178 15M 8 10% May l:2534 27 l%Mai 17% May 12% Juui 25% July 31 15 Sept 18 18% Nov 28 20i8 20% 12% May Socony Vacuum Oil Co Inc. 15 10M 77g 178 *15l8 95 ' 30 42 im 27% Z 26% *30 54% *4% 5% 80 76 - 534 .7.82 65 33% 4's 104% 100% 104% 106% 4 41 32 34 *30 75 65 39% 33 % 7 3234 . J{*N O Tex A Mex Conv 41 40% " 65% 64% 67 10 ■■s 12% 106% 109% 70% 105 New Orleans Term 1st gu 4s...1953 ■■■■ 70 Hill" 1983 A 1952 New Orl Pub Ser 1st 5s ser A..1952 12% 118% 127% 123% 131% l" ;s 80 *72 *10% 12% "26% - 11% 1% *9% • May 7% June 3% May Jan 400 *1558 400 12 »8 512 V. 120% 124% N J Junction RR guar 1st 4s...1986 N JPow A Light 1st 4^8—-I960 1 '~ T - 120 56 1961 * * 90 ■+■ 56% '60% New Eng Tel A Tel 5s A—...1952 ■■■• 103% 106% 82% 86% 117% 124 105% {♦Naugatuck RR 1stg4s.....1954 Newark Consol Gas cons 5s...1948 J*New England RR 7 "1% 1% 34 4 2138 Jan 10 2% Jan 20 30% Nov 18 35% Oct 30 11% Dec 29 ......15 Jan 30 23,600 8 36'4 3614 116% *108'2 116 '2 *!08i2 11H2 49 50% *48 49i2 *48 5 5 434 434 : 478 110 110 110 1083s 1083S ht "32 «8 19 •3g 1% 138 H2 13s lh 10% ; *95« 10'2 *95s 1012 12% 11^4 12 1134 117g 1% 11% 5 .Dec 30 May 390 *1012 102 44 \ 16-% Dec 16 2 May 433.1 20 Nat Dairy Prod 3 lis debs 40 10% Jan 21 May 67 65 *3512 32% Dei 31 3 40tg Aug 434 May 105 20 \ , 5 6 30-V 37 35g 7 Dec 67gSept 19 Jan 2034 42% *3712 39 107% 112 116 117% 42 ,• *57%, 4% 30% 35% 60 60 •; *105 68 *331' 58% 31 43g 67 *33 58% 7 4 30% 57g Nov 69 Deo 20 Jan 27 47 134 .21g ; Shell Union Oil.. 4 112 4512 *55 51% Feb 27 114 36'« •2% 3% Apr 23 par Shattuck (Frank G) ...No par Sheaffer (W A) Pen Co.No par Feb 15 36i« 65 par 8% June 8% May 51% Aug 111% Deu 31 14'2 Feb 19 38% 1% 20% 30'8 35% Sharpe A Dohme. ..No $3.50oonv prefser A.No May Sloss Sheffield Steel A Iron. 100 20 13 345g 1% 7% Dec 10 48% Dec 29 1% Sept 01% May 2 107« Jan 21 14% July 22 71% Jan 17 $6 preferred ...No par Smith (A O) Corp ....10 Smith A Cor Type vtc.No par Snider Packing Corp...No par 600 19U *1234 13 «4 181.1 2% ServelInc.....w.......ir~.l 11 7834 Jan 49% Dee 29 4% Dec 22 Sharon Steel Corp...__Aro par 15 conv preferred...No par 3 % July 31 July 28 3% July 7 1878 Feb 19 17lo *1934 30% % Jan 64% July May 34 107% June 101%June % May > % Oct 17 1% Apr 29 Sears Roebuck A Co...No par Skelly Oil Co.. 33 lg *55 9 1,000 1734 2% % Jan % Dec 11 11% Dec 29 ' 27 34 19% 31% 35% 115% Mar 27 112 July 15 *2534 17% 65 19 109%June 9 107 Dec 19 Oct 10 33 --A *34'2 43% 7 67% 72% *55 19% *18% 94% Sept 11 39%Sept 26 Nov 12 177g *26% "7% May 5 Dec 29 1 34% - 17% Sept June 23 22 17 178 96 8ept18 8% Apr 15 J4.50preferred ..No par 54preferred........No par JScaboard Air Line....No par 4-2% preferred.......i.100 Oct 34 June 19 23 Slmonds Saw A Steel..No par 100 May May Sept 18 113 79 No par Seaboard Oil Co of Del.No par Seagrave Corp .5 Dec Apr 29 31 5M% preferred........100 Scott Paper Co Jan 3 3 300 33 38% ' 12%June 2 8 % 47 600 2,200 112 17% 1% 75 19U 30i2 11% 1214 Savage Arms Corp.i._.i.._5 Schenley Distillers Corp 5 Junb %! Dec 17 17 19 11 26 *1 34 *23 27g *2% 75 22 i2 1% July 4 5% preferred... ...100 July 35 Safeway Stores....^...No par Apr 5% preferred 100 irlO07g Dec 26 % Feb % Apr 15 6 May 20 1278 16U 17g *15i8 11% 18% *18% N Nash Chatt A St L 4s sen A...1978 jf Highest S per Share S per ivv. 10 12-34 20% 35 lg : 44 28% v"* Lowes! 39% July 16 6 %« Dec 10 .....15 Silver King Coalition Mines .5 Simmons Co..... No par Slmms Petroleum.........10 ♦99 20«2 *15% 734 150 7,000 1,900 3%, 358 *13U 1338 11012 110l2 20 22% 23% *137 14278 142 20 18 *28 17g 15% 142 34% , 8% 12% 12% 1134 1234 1212 A "38% "38% 39% 2734 20% 8 V.. 23 23% 1397g 141 19% 19% 50 41 *271.1 13% ■r 8% 17g .55 39 27% 99 15% f 4 Hs series C.. 1955 Gen A ref 85 39 + 27 *20% """700 Dec 11 %i Dec - 2512 1314 1 '2 *1 *25% 20% ' Gen A ref 13 28 112 158 {♦Montreal Tram 1st A ref 5s. Gen A ref s f 5s series A,—. 13% 1% *25% 277g 3% 20% 13 3,900 12M 334 210 33 12% 13% 378 99 19»8 102% 107% 52 32% 14 107 17g ' 32% 100 *15% 5»8 *5514 *434 3234 112 16% 6,600 1,300 914 59M 51' *99 •!.■! 734 9'8. 58% 5% *105 8 6 534 *5712 too 17g ) 112% 9% 14^800 59M 112 1514 *137 108% 111% 110% 113% 110 6 2U 54 5358 : 500 *5 3% < 10 200 13 *2 - 55U *99 12% \ 12% 16'% 16% *12 *55 ■ 60 1,300 »l« , 5% *26% 21% ; U *57% i 200 ; 58% " 27% 151.4 7 2178 103% 104% :rk' j. '.-N- -5ij 12% 2t4 5V« *911 9% 00 .400 89 108,2 10812 *5g *105 . 57 1 ♦2 53% ' d ....I960 1st mtge 4 Ha 0 debentures.... 42 104% *103% 28 19 8 . 12' 2 7,000 15 3612 : 112 764 710 10,700 116 % % . 2% 56% 57g *114 1116 100 12 "2,500 19 147S 89. 3612 89 *99 *15^8 612 4111 10934 no " " *5 ' 1% *20% 100 6% preferred .....100 tSt Louis South western... 100 32% ' 28 27% 21 *205s 62 % *1 3 27' JSt Louis-San Francisco.. .100 *5 100% It 7 -6 59% 5% 14 178 ♦1st A ref 5sseries I.... I per share St Joseph Lead....10 4,300 4,100 12% <5% 33% *26% 2,500 ' 41 30% 116 11234 *105 *103 27% 5% 13% 1 28 *9918 100 • 20% ■; ■h 26 H 13% 13% 42&ft 110 15 *35 % 9% 9% 60 *55% '37g 2734 "i" ,23 37g 13 29% 28% 1% 19% % - 27% 26% 13% 33g 1 19 198 *25 • 137g *27 2% 28% 19% 5 23% 22% 'u '■x -'■♦1st A ref 5s series G—...v.1978 M N 3312 338 28 19% 586 27 liar 1910 • Highest S per share Par J 311; 18'4 36% *% 55% 6% 9% 58% 58% *55% 7 3312 1334 28% 1% , 116 *%« 57 • 56% ,5 % 33 7 19% 558 5h , 19% 22% *25 " .1975 w s Lowest StS ' *2 6% 15 13;,- 13 13% 2% 50% 2% *5% - 13 57g 97g 5534 10 57 25% 'it XMissouri Pacific RR Co— 110 89 *34% % ;7% % 57 5% j ♦Cum adjust 5s ser A.,-Jan 1967 A O Range for Previous EXCHANGE ■J *51 3012 3 ♦5 41 -'Is 14% *114 'is n»» . - 13% 56U 9% , •% ; 3214 *}2 '4 19% 15% 34%'84% *114 %2 *% 13% 7*2;; 534 5*8 j <' J U " *5 • 6% *4214 42% 103% 110 jssouri-Kansas-Texas RR—46-year 4s series B._ the * ' 35 *114 313s '■*32 h '• 427g 427g 10;)% 110 V It) : 19% 14% 15% 90 *86 34 -6% *5 • 19% 157g u 15% 114 *55% 4 .1 32% *'.« "r '*1% 6% 43 7g 103% 110 - 32% ; '■ 3 *iOO78 103% *10j7« 106% *105% 103% *1057g 106% 69% 77% .. 5% 2 * 15?s *33 ig ,114 M'StP *3 43 6% 10934 110., 19'2 ; . i *134 '3 44 423.1 32% *32 116 ' 3 >134 10% l%'; 3 f 2 i .. 32% l32 :18 >8 26% 25 j j*Mlnn co CO '■ - Michigan Consol Gas 4s. --^;1963 M s J{*Mid of N J 1st ext 5s.___..1940 4 O t§*Mil & No 1st ext 4^8—1939 J D : 65 *5Con ext 1939 J D v 37 H On Basis of 10O-^Aar« Lots Wednesday - 70 90 1 69 *93 m Range for Year 1941 NEW YORK STOCK Tu'tdau ' 5 Jan High 30 " .... Sag 3Hs 1951 M S 1st gold 3J^8 .......1952 VN STOCKS for Monday Michigan Central— Jack Lans A Sales ' \ Bid < & Jan t ♦Miag Mill Mach AND HLQH Jot Year Friday'.s Asked Price LOW Range Range or Sale £ n NEW YORK STOCK RECORD Week's Last '-t-fk Week Ended J m. 9 177 % i%s % 15% 147g 15% 1 * 6u 32 1434 15% 15 ; 15% ""190 2,900 9,800 600 25 100 Union Pacific RR Co 4% preferred.......—100 Union Prem Food Stores Inc Union Tank Car 16,000 United Aircraft Corp 40,500 5% conv Rights.. ..No par —5 100 pref w 1 11% Dec 30 57% Dec 27 3 112%Sept 30 73 Dec 29 9 Dec 11 24% Dec 29 28% Dec 10 16 ' 105 May Sept 17 12 857g Jan 10 85% Jan 13 13% Jan 31 July 28 71 May May 70 June 13 Dec 22*4 Jan 44% Jan 9 31% July 17% Jan 14% July 24 113% Feb 6 108% Nov ......."... 5,300 Un Air Mnes Transport 1,100 United Biscuit Co-._i.No par 20 115% Nov Union El Co of Mo $5 pfNo par *111% Jan 30 Pref $4.50series No par 106% Dec 31 Union Oil of California """460 25,600 27% Dec 26 5% preferred...... 9%May 15 6 100 •» 87g Dec 24 IO834 Dec 24 12 May 12% Ma* 600 United Carbon Co No par 35 Dec 18 52 100 Unlted-Carr Fast Corp.No par United Corporation...No par 15 Dec 23 21%Sept 12 1% Jan 30% Jan 10 26 27,800 11,800 $3 preferred.. No par *n Dec 23 13% Decl8 Sept 42% May May 1% Dec * Dec Share THE COMMERCIAL & FINANCIAL CHRONICLE 173 V NEW YORK STOCK RECORD and high Sales prices sale STOCKS NEW for Monday Jan. 3 *Y" NEW YORK BOND RECORD FrUni LOW Saturday Tuesday, January 13, 1942 Jan. 5 Tuesday Thursday Friday Jan. 8 | Wednesday 'Jan. 6 the Jan. 9 Raivje for Wen 19X1 00 sha'* Lois. Hanoi for Preoious On basts oj YORK STOCK- Week Jan. 7 , \ BONDS : -y EXCHANGE Richest... H gh 'M iMoest Ronye or Friinu's %£\ . Lowest Week's Last ^ 3 M.l- • N. Y. STOCK EXCHANGE Week E ided Jan. 9 - Year 1940 , &'ZrE*e ■ Railroad & In las. Cos. (Coni ) $ per shor" $ !>pr share *1% 2 *40 41 4's 32»2 72% 40'2 4% 32'2 7184 47« 104 3'2 IS 18'2 9 9% 173 175 *6% ♦33% 31% 31 30'2 172 ''•Mi,. v 49% ♦33% 7% 7 '2 * *96 102 *93 31%;32% 234 7'« 105% 284 2% 7% 2% 24'2 24% *26'4 27 '2 *2612 23'2 % 23% 2312. % % «4 23 55% 59% 54% 16% 53 48 53% 53% 39,700 *46 47%! *46 *14% 53% 47 15% *14% 15% ♦14% 51% 161% *154 1,200 U S Tobaceo Co- 78 800 % >. . No par 25 i No 86 conv preferred— var 100 Univefsal-CyciopsStcelCnrp 1 230 15% 51% 51% . United Stockyards Corp.._.l United Stores class A—.. 5 47 *14% - - -C.No var it 100 — 7% oreferred... """600 Universal T,paf Tob. *148 151 *148 151 60 161% *153 154 161% 2,400 22% *42% 15% 51% Preferred. .-..--.--.....50 U S Steel Carp.. Preferred- 47<2 *% % 47 *42% 300 119)2 22% 1 % .%« ... *421;ft 53% *51% 53 151 155% *148 150 *154 *% 1 >%« 47 U s Rubber Co...—...... 10 54% 119% 119% 22% 22%' 119% 18% A or 1 8% 1st Preferred....... 100 23 119 160 156 158 50 Mar 7% 7% Jan YTelop3'isserB......—.1967 Jan 6 Mav 97 t§*Norf ^outh Juni Jan Mai izytlon manager) 5s. ♦Ctfs of de?» (Issued by Nov 165 6% Mar 25% July 35 Dec 14 28 Ayr May .No var 8% nrefT-ed Oet 3% Ma« 6 31% Aug 2 34% Feb 7 26 Sept 24 % Dee l() Aug 13% Dec 29 38% 39 22 28% Sept 17 103%Sept 11 Dec 29 58 69 Dec 22 47 65% Apr Dee 10 24 130 105% Dae 10 19% Dec 17 11 Mir 27 % De? Mai Jan 13 41% /■ Jan 117 Maj J Mai 130 .29% Ppc 42% June ^.39% Pee 2% May 2% Sept 16 Juue 63% *16% Jan 10 64 Sept 22 46 Unlversal I Ut ares 1st pref. 100 133 Jan 17 162 12% May g mtgo ■ - *38 7 *'% *23% 25 23% 29% 2)% *1084 11% *23 25 24% 25 *22% 20% 24 *22% *23% 115 *46 * 57 *49 ,*- 85 *24 — 5s (stamped g 115 -—- -.. - —100 Vanadium Corp of Am.No par 609 23)2 300 23)2 70 134% June 169 -.r '41% 41% *45 57 *45 57 *45 57 *50 61 *50 61 ; *50 Van Raalte Co Inc.. ..—5 2 128 Jum 20% Aug hi Nov Dec 3 12 6 25 May 15 -* - ... — j. 19 Feb 24% 1% 25 23 23 115 115 *28% 93 2414 *1 1% 23 29% 92% July 30 35% May Mar 26 5684 66 Aug 20 66 Aug 20 60 22% July 10 112 July 62 * *85 600 Victor Chemical Works. J..-5 20 Mar 13 27%Sept 10 19 500 Va-Carolina 90) % Deo 26 18'8 Dec 10 2% Jail 2 28% July 8 118% July 23 14 116 *115 May 109 Muy 23% Sept 16 6 May 116 110 16 16 ♦15 17 5) 34 *31% 34 *28 29% *29 *85 29% 92-% 92% ' *85 *138 10) 190 : ': ■ [ 10 oar Va El & Po*y *6 nref...No oar Va Iron Coal & Coke Virginian Ry 29% 92% 138 138 Ciiern-.—No 5% pf 100 Co ...25 25 100 6% preferred Vulcan Detiani.ig Co > 114 Dec 23 11 Dec 10 3%i2 Dec 29 5 89 Feb 15 105 135 Mar 27 143 May lis 4'U 3° 5234 >5534 73 10834 10 7% *7% 18% 18% 7% 18% 7% 4% 33% 3334 14 14 % % 17% 16% 5% *70 75 5% *70% *19% 19% *% 4% 33 14% 14% 3% 3% Do 5% 5% 75 *71 84 19% 36% 36% 3% 3% *% 17% 5u 17% 5% 18% 5% ——100 . 20% •% 20% 5% 71 21 *»!« 20% 38 38 38 18 *17% 1734 12% 12% *12% 13 1734 12% 17% 12% 12% 12% 1234 12% 12% 13 134 2% 130 *1% 1% *55 20 20 "26" 20 *64 69 *66 68% 93 103 89 103 92 92 113 103 17% *102 104% 16 16% 16 102 1 6% 6% 6% ♦5% *% 24% 0 *"r.s 'lii 25% 24% 25" 4 18% 243,1 17% 18% ■ 2% 2% 18% —No par 7% preferred 1,200 100 26,800 *%« 20% ; % S3.85 preferred-——No Par 400 tWarren Brca Co Fsb 39% 700 Warren Fdy A Pipe No par 25 600 Washington Gas Lt Co.No par Waukesha Motor Co T—.5 14 12% 12% 1,500 2% 500 ♦2% ♦55 .... Wayne Pump Cp-4—i'-;---;.-l Webster iCineaLiur... — A% par 7% preferred 130 — i — —100 19% "Y,800 *66% 68% 68% 68% 100 84 conv preferred—..ATo par ,*90 35 5>4 May 16% Ma 4 4 ; 89 Mav : Dec 10 102)2 104 *102)2 104 15 15% 1478 15 "2",660 6% preferred..........100 Western Auto Supply Co...10 Maryland..—. — 100 27x 2% 2% 678 6% 6% 1,500 200 24 24% 24% 24% 8,900 6% pref. -100 Western Union Telegraph. 100 177« IS. 18 18% 5,500 Westlnghouse Air BrakcAfo 100 %6 ; 100 15 108 . 109 y, 3 10834 10834 10SJ4 10534 , -V..! 10334 10334 10234 10J34 10)34 10234 100 34 10234! 10234 10234 10134 107%1 10734 107% U234 1 11 34 10534 101H 11234 U234 10634 11234 83 8034 83 D u HI 110 H 11154 10734 10734 108 107 10734 10234 8834 Dec 29 99% Dec 23 Nnv 6 104% Aor'20 15% Dec 31 Jau Feb Paramount Pictures 4s debea—1956 M Parmelec Trans deb 68 ——..—1944 I Pec Pat A Pais ale CAE cons 5J..1949 22 60% Panhandle East P L 3s B—.1960 M N Paramount Broadway Corp— 1st M s I 4% Jan . 7 Feb 5 80 2% Sept 12% Sept 34% Nov 28% Feb May 13% May 14 May . 20% Pec 24 Jau 80 Feb Dec Apr 75 15% May 58% Aug : 29% . 91 106)2 Jan 25 e 3s loan etf«...—1955 8 110% 10734: 88 34 10834 10734 10834 *105 96% May 115 Guar 4s 80 198 ser ,10334 S "100 90 5954 100 34 *44 54934 B *11734 —.1942 1/ S f 7s *9334 E trust ctfs Pen 11a Pow A Lt Jan 120 103 5834 O U 11834 97 n *104 ♦107 3Hs.—.——. 196') F Oct . ...... *102%, D UN __1:»53 .'■•V 28-year 4s ....196'1 F A Pen tfsyl Gliss Baud 34^8.—...i960 J D Pa Ohio A Pet 1st A ref 4Hs A '77 4 O 4)%s series B 1981 J J Apr Jail 18 10334 A 1974 F 10 534 W 106 10834 101 103 mv -, ♦105 10134 10134 A 10734 A 10634 102 10734 10134 10834 106)4 10734 - Apr Jan 10 107 78 ' Guar 3j^s trust ctfs C 1942 J Guar 3Hs trust ctfs D—.1944 j Jan 115 117% Jan 107 Oct 11 21 9 hi Feb 1 105 June Apr i3l% Nov 6 24% July 22 8% Jau "% Ppc 14% May 15% May „ 28% 28% — *10334 UN .- General 414s series A.i-. —..1965 / General 5s series B 1968 J Debenture g 4)48..——.1070 A General 4 J4» series P.— 1981 4 Jan '. Jan 2 "47 ♦11034 9234 91 47 120 121 D 102% 102 10254 82 /) 10754 10734 108 27 O O Gen mtge 4 J4s series E—.1981 J "J Conv deb 3)4s—1952 A '■ \ -v,;!'[.*'f. '1.' . 11034 "9234 110 ..-1948 UN 4s stcrl stpd doll ir May 1.1948 UN Gen mtge 3 ?4s series C—.—1970 4 O Consol sinking fund 4 I960 F ,4 .. Apr 1 ; Jau - g 4s„.1943 cons Co,wolgold 4s y, Apr 6 4% May July 31 Pennsylvania RR 25% May 40% l%May 13 18% Feb 13 15 Dec 10 May 2% May 311 29 Jum 100% May 9 297g Juiy 22 4 -8 Dec - 108% May 3 2078 July 15 4% July Western Pacific June .*87 rnx Pennsylvania Co— Apr 2% May "4% 80 10134 Jan 4% May 20 84 34 -85 ./ 25% % May 3% May 7 6 1% Dec 23 4% 2d preferred.100 par Jan ....19)8 J 3.<4s ser B...1966 t O 314s series C 1966 J P PAducah A I1J lata f g 4%s—4955 J J Jan ; 88 Ref mt?e 6% Nov May 102 Pacific Tel A TeJ Jft" May 107 A Feb 2 20% u 1% 13% Au« *82 D ext g 4s..19)8 F O 91.34 9934 9034 9854 19734 8554 8334, 98 34 37 9234 9934 43 11 99 8554 101 i 79 80% *124 79% 125 136 27% 27% 30% * 30% 106 61% 26% 90 26, 13% *1434 3% 15% *234 2% 53% 23 *18% 2 *1% 79% ■ 29 *28% *30% 32 30% .105 13% 13% 15% 15 *2% 2% 53% 20 *11» 2 3% 2% 88 13% 15% 3% :*3% 25% /• 14 15 15% *1% 2 2 1% 1% 1% 1% 1% 6% 5% 6 6% 5% 6 5% 6% 73 5% ♦112 23% 23% 26 26% 1934 19% *112% *22% 24 26% *19 27% 10'4 *102 140 106 140 *92 113 *96 113 52 ♦50% ♦50 50% *50 56 5)% 56 72% *112% 120 *22% 23% 27 27% 18% 140 *96 *112)2 23% 26% 18% 113 *59% ♦101% 103 103 103 *98 61 62 62 61 *58% 72% 19 *106 *50 14% 14-% *18% 5»4 72 *13% 3% 2% 51% 65 103 61% 2 r 3% 15 3% 2% 3% 27* ♦2% 2,600 100 14)2 *46 1% 25% 15% 2% 53)2 5% 25 26% 300 4,400 2,500 300 54 *45 54 21 *18% 2U2 ""l"65 2% 700 2 *2 2 pref.„—1Q0 Wheedng Steel Corp...No par $5 conv prior pref...No par White Dental Mfg(Tbe SS).20 White Motor Co... White Rock Mi 1 Spr C0N0 par White Hewing Mach Corp—.1 84 conv preferred-.—No par Prior preferred..... Apr 16 Aug 18 Dec 19 85 21 % Apr 18 58 % Dec 22 76 140. Jap 27% May 36% July 14 Aug 9 100 118 May 26 May 80 85 May 103 30% July 31 18% May 36% 76 61 May 7% Aug 7>2 May 8% July 11 4% Ma- 5% Jan 10 54%Juue28 20 18% Dec 29 3% May 38 11% 17% 67% flar 24% May 1% Dec 29 2% May 12 1% Oci 3% Jan 1% Apr 16 2% Jan 11 1% Jai 3% Apr 3% Apr 18 6% Dec 15 7 Sept 17 3 Jan 6% 7% Apr 27% 17,700 18% 1,100 140 *106 140 *96 113 *96 113 51<2 *50% 52 56 *50 55 *51 55 10x1 *101 103 *101 103 "16 *58 62 *59 60 400 61% 51% 51% 300 86 preferred..... No par Woodward Iron Co........10 Woolwortn (F W) Co .10 Wortnlngt'n P&M(Dei)No par 7% preferred A J ..100 6% preferred B._ 100 Prior pref 4 t$% series.. 100 Prior pf434% convser.. 100 Wright Aeronautical—No Wrigley (Wm) Jr (Dei) .No IOT2 Oet 17 19% Dec 24 23 8 Dee 29 Dee 10 , 3% May 77 Sept 18 45 June 115 Nov 26 116 Ja>. 33% Jan 34% Jan 7 7 70 Mai May 121% Mar 34% Nov 42% Apr 13% May 24% May 15*4 May 30 55 Jum 102% 30 60 Oct 73% Aug 21 29 July Jam 95 4/% Dee 11 63 Nov 75% Aug 21 122 July 24 39 Jam 65% 91 Jum 129 Apr Jan 11 73 Aim 93 Apr 93 85 Mar la J in 50% Dee Apr 23 par 86 par 50% D3e 20 *16 16% 16 16 6% 36 6% . 36 % 6% 35% *78 83 ♦78 12 12 12 6% 16% 16% 12.-8 13% 112 114 6% *16% 12^8 '111 6% 36 8.3. *78 83 12'* .11% 6% 34u 12 34 35% *78 16% 13% 114 6% 35 S3 *16% 1B78 16% 18% 12% 12% 12% 12% 112 *112 113 112 6% 6% *6)3 6% 34% 35% 34% 35l» *78 83 7H 83 500 8,400 ISO Yale & Towne Mfg Co Yellow Truck & Coacn el B 63 34 64)4 19 10634 107 34 20 10554 10554 5 120 120 1 80 General g 1 8,200 ¥,905 5preferred series A.100 Youugst'n Steel Duor..No par 2,000 15 Dec 26 10% Dee 10 109% De3 29 5% Dee 30 22% Jan 8 17% Jau 10 Oct Oct 12) Jan 10 12% Jan 11 15% May 25 Jan 9% May Ma\ >19% Jau 98 6% Jun 126% Sept M Apr Jan 6 26% Juue 48% Jan 5 80 May 99% tree 18% Jan 6 12% May 28% Jau pee 10 42% 76 Deo 31 95 ♦10734 J Phila Electric 1st A ref 3 348—1967 U 8 A Read C A I ref 61—1970 / J ♦Conv deb 6s .1949 Vf 8 117a 11% 1J% 11% 11% 9% Dae 9 9% 2%' 9% 2% * 9% 10 2% .2% 9% 10 2%. .2% *9% 10% 2 2 asks 1 ©riaea-QO u.ei oat lis day-i^i 9% | la 9% 2 2 *9% . f^yertaip, 1% -97S 2 1,5)0 I 2,300 ADof. idivory. Zenith Radio Corp....No par Zo dte Products Cwp I nNnwiSoya. rdiu-iw. * 8 Dee 10 1578 Apr. 3 1% Apr 23 3% Oet 25 ^i-4ivJV 38 ^♦Philippine Ry lsts f 4s....1937 J J ♦Certificates of deposit Phillips Petrol l&s debs......1951 7"j 8% May 2 Mar Series B 434s guar. Series C 4 34s guar. 10334 10454 109 11034 32 24 34 24 2454 80 534 51 5 34 5)4 234 i% 17 2)4 10054 100 34 234 10134 179 — 1942 1 1942 ——— »1007%2 — 1/N O *10254 Series P 4s guar ......1945 UN Series E 334s guar gold——1949 *' A Series F 4s guar gold.. ..—1953 J D Series G 4s guar •. 1957 l/N Series H cons guar Is..' I960 / Series 1 cons 434s..........i960 F 112 ♦11034 A *99)4 ser A 106 105 j 10054 s 101 9934 1::::: 6234 63 9954 103 on *10634 *61)4 9934 "65" 63 1962 F A 119)4 1974 J D *9954 1977 J D .For footnotes see page 179. 104 62 34 10234 1st gen 5i series B | 106 106 10034 60 h Apr Et^gaia. .fCallei for redemption. 120 60 1948 J .... 112 — *121 O Pitts A W Vn 1st 434s »er A— 1958 J u 1st mtge 4 34s series B. 1959 A O 1st mtge 4 34s scries C.. 1960 A O Pitts Y A Ash 1st 4s 112 A Series J cons guar 4 34s.,— 1961 UN Gen mtge 5i series A....... 1970 / D u 67 101 Pittsburgh Cine Chi A St Louis- 17% Apr 4% 109 - 1st 43^s series D— .♦ aw 119 10934 1st gea 5s series (J. 11% ' ♦108;-. 11454 D Pitts Steel 1st mtge 434-1— 1950 J D Pitts Va A Guar 1st 4s guar... 1943 M N Aug 29 10734 J {♦Phila Pitts Coke A Iron conv 4 J4s A. 1952 26 — iPreferre 1— —...100 Young Spring & Wire..No par YoungstowuS &T....No-par "7234" 59 60 Gen mtge 5s series B—.....1975 1 Gea 4 !4s series C 1977 J 12% 12^8 12% 13% 111% 112 *112 114 70 63 Apr 25% July 22 147 Aug 21 130 July 30 16. 76 .6434 434s series C- —.1977 J Ge leral 414s series D. i0 .-1981 J Philadelphia Co coll tr 4'4s—.1961 J 7% May Jan WillysnOverlauu Motors..... 1 Wisconsin El Pow 6% pref.100 22 5 "72" t Ilia Apr 6% conv preferred—.... 10 Wilson & Co Inc No par ""36) 9 44 J Phila Bait A Wash 1st g 4s—.1943 MTV General 5s series B ——„... 1974 F A Apr 6.100 72% A — 1 Jet- 14% May 26)2 July 3J Wilcox Oil At Gas Co........5 ? : 2.500 23% 113 40 354 ♦10734 , 5 74% Nov Jan 14 157g July 25 4% Dee 10 60% Dec 10 •j 112 41 .........1956 i J 1st g 434s series C.. 1980 M 8 Phelps Dodge conv 3>4s deb—.1952 / D 1st 4s series B Apr, 1% 9,90) 900 Peoria A Pckiu U11 st 5!4s—..1974 F Pere Maruuette 1st ser A os,__ 195ft J Nov 2 17% Jan ,9 Feb 16 Apr Pec Oct 7 4l Peoples Gas U A C ref 5s 1947 M S Peoria A Eastern 4s ext-—.-.-I960 A O ♦income 4s. .Apr 1990 Feb Dec 50 10% Dee 10 2% Dec 18 2% D3C 10 10% Jan 38% 109% * 108 Juiy 23 Jan Jan Nov 37 % May ' 112 65 May 110 2 5% ♦106 *o9 60 Jan Mar 22 34% Jan 10 5)o 1% 1% 1% 5% 5% 5% 5) 2 5% 5% 72% *72% 73% 72 *112% 116 *112% "24" *22% 23 7g *22% 27% 27 27% 27% 18% 18% 18% 18% 140 *101 105 conv 141 6 27)4 Apr 17 54.50preferred....:.No par 5H% 105 9 Dec 27%June 1% 113 *50% Oct 28 71 118 5% *97 51% Weston Klec Instrument. 12.50 Westvaco Color Prod..No par 5% *107 . Westinghouse El A Mfg..—50 1st preferred........—50 Wheeling & L Erie Ry Co.100 ""-20 15 21 5% 92 *13% *44 2% *89 67 *18 500 61% *64 3% 600 280 105 *50 67 19 1*4 72 25% 14 6% 72 25% 105 8,700 100 29% 32% 88 88 "*63% 2% *30) 2 79% 125 61% 67 5% *69 *50 61% *87 *63% 78)4 125 *28 29l2 31% 31)2 106% *105 106% *50 25% 63% 79% 130 *28 54 *44 10 78 29% 30% 61% 15 *18% 106 79% 125% *125 88 *S7 25% *44 125 105 •»50 63% 3«4 81% 125 29 67 334 79 125 *12% 13% •3% 6 If* ,■ 26% *63% 67 ♦44 32 108 26% . 28% *105 *50 90 62% 136 *87 106 ' *87 28% *30% S0io 10654 10754 10634 108 I /) }*Pac RR of Mo 1st 5*2d«ext gold 5s 354 106 " 10334 J _ 4 J^s debentures.... Mar 31 West Va Pulp & Pap Co No par *% j 9% 30 71% Jail 18 15 500 ; Western v. Per Jum 5 6 112 50 17 ♦2% *5)2 D % May 3% 3 65% Mar 89 17 — 35% 16% 10 25% July 31 88 113% 113% — 36 .. 108 Pacific Coast Co 1st g 5s 1916 J Pacific Gas &. El 4s series Oi—1964 J 97s Nov >18% May 9 Dec 3 West Penn El class A..No par 160 91 , Jau 23% May 104% Pec JunC 3 6 16% Mar 10 91 ./ J Nov 5 .-,471) 7% preferred...——.,.100 6% preferred-: — ,—^—100 West Penn Pr Co 4 XA% pf.100 ®16 1972 J 7 108% ax *10 4% 108 Jau May Feb 80 93 *90 10234 Apr 135 23% Jau 13 17% July 22 10'4 Dec 29 10% Dec 29 1% Dec 29 102% 103 93 ■ Nov 16% 48 110 1% July 31 Dee 22 130 5534 J J Mai 21% Oct 22 38 Sept 17 Feb 19 17% 127« 12% 2% 4s—.1948J j...1961/ June 6% Dec 4 *38 400 gu g Otis Steel 1st mtge A 4^8——1962 J 71 26% Sept 77 2 Dec 18 6 10% 7 ; Jaiv *12% 17% ■J <- Jau 31% 120 36%June 28tj May 6% Jan 6 Sept 18 15%Sept 18 6;% Sept 9 l%June 9 2% Feb 19 ..A'o par 19% * ' 13% Apr 19 53 No var S3 preferred 1,300 21 '61 5534 2047 J 3%'s ♦Paullsta Ry 1st % 20% "49" ; 66 Ore-Wash RR A Nav 4s. 120 36 % Dec 10 Warner Bros Pictures..—5 50 75 9 13 *2% 24% 18% 18 Class B Wesson Oil & Snowdrift No par 24% - 18% 2% Dee 29 Dec " 19% *6 25% Ward Baking Co cl A ..No par 19% *% , ,rl lh Feb 13 800 3 39% 18 *55 9.3 *90 6% 25%Miy31 Divredeem pref.,—.No par *17i2 12% 104% *102% 104 16 • 15% 15% 2% 2% 2% 15% 3 *%! *50 16 5% *71 ; 2% Wallc(H)Good & W Ltd No par 600 68% *64 93 Walworth Go——.-No par 1,300 96%June27 *12% 130 19% 68% 4,400 900 "Si" 2047 J 2047 J — , Jan 4% ,i 3 97s Apr 22% Jan 105% Jail 9 3% % 177g 5'% % 102% 103% *102% 104 10218 .104 92% 92% 92% 92 93 92% * 113 113 *113 115% 113i2 114 17% *17 18 17% i> 17% 17% 2% 2% *5% 2% ' *55 20% *90 103 92% 93% '112% 118 17% 17% '102 104% 113 17% 19% *66% : 38 6% Dec 12 157s Dec 15 *3)2 5% ^.No par 4% *17 75 *71 IS 2 *37 71 Walgreen Co 4H% pref with warr..„100 *14% °« 18 Waldorf System—No var 200 33% *33 312 *% *17 5.% 75 23 3)2 % . 300 3,100 101 4% 33 14 16'% -*15g 4*2 33 12 12% IS 14 17% 7% 18% *7% 101 33 16% *12 7% 1S)4 14 12 ♦ 118 101% 101% 33 17 19 "37 37 4% ,,4% <% . 7% 1&% 104% 4% 4% 18 33 3% % *J5% '5% V*7 % *7% *99 *13% 14 3 3% *2% 7% 18% 104% *99 4% *3284 4' 4% 33% *13% 7% 18% ■ 1818 104% 104% *103 j.. —.... Oregon RR A Nav con g 4s....1946 / OreShort Line 1st cmsg5s 1948 J G'jar8tprtcona5s ..1946 J W *99 V 41 H 1st A ref mtge 344s ser H-.1961 J 1st A ref mtge 3 lis Her I 1966 J 1st A ref mtee 3s ser J 1970 J preferred—— 120 51% — Aug June 21 Nov 2 68 . —— 3|t| Mar< .1% May 4 33% Feb Dec 23 29 Jan 42 197 74% -4234 Oct v -60 Aug l'« 6% dlv partic preferred. 100 72 34 68- -4134 5534 1st mtgc 49>» May Jan 23% 1% 23 *30% 14% 34 *138 .. 24)o *2334 1% 22% 22% 115% 115% ♦115 14% *39% 29% *87 '138 24% 25 1% •••.74 H Oklahoma Gas A Elec 3448 1966'J u f 4s debentures —; —.a!946 J p Ontario Power N F 1st gu 5I...1943 F A Ontario Transmission 1st 5s—.-1945 M n Ayr 57 61 105 "A2H Ohio Connecting Ry 1st 4s.. —1943 M S Ohio Edison 1st mtgc 4s.—...1966 M N 1st mfcge 4s.. 1967 M S Mar 45 Vicks Shreve & Pac Ry._.lO0 *0534 O 66 34 437»May 117% 28 116 39 'eJune t 57 Mar 26 8 121 O Apr June "39% 4 111% Dec 18 Aug 1043< 11534 *111 -53 34 - 7% 1st preferred....—.100 — 10334 (Mi in) 1st & ref M 3 4s.'.—: 1967 F A .10834 10834 (Wise) 1st mtge 3^s.i—. 1961 M 3 •111 Northwestern Teleg 4 lAs ext... 1914 *101 J V Mar J 7 Vick Chemical Co._——-.-5 * 200 J2HH ,y Jam % , June 34% Jan 31 9 8)3 Dec 18 34 103 M t .1997 Q — impt51 series C Dec 59 % Aug 28 AOF18 15% Dec a 104 f 103 34 103 34 ,104 Jan 5% preferred100 *112% 113 417« . 15 Van Norman M ach Tool—2.50 *41% 14%. 15 *30% 34 34 29% 97%l 92% -L *138 *9| *138 Preferred. v 2,800 41% *1% *14% .16 "30% *28% 10 193« 1034 *41 23 115 14 23 19 10% *23% 24 *112i2 115 24% *112% 115 ; 85 24% 1% 23% 34 29% 24:% 4 19% 10% %6 Jan 24 34 26% cai- Ref & impt 5s series I) • 24.% 1% 115 14 *39% *27% 10% 57 *59 23% 23) 19 11% 41% *46 85 — 1% 23 115 57 ■ 2434 2484 1% 23 . 19% 10% 24 *112 *111% 115 *112 115 *40% 428.1 *403 41% 41% *22% 25 19 20 11% 19% 11% 11%..-11% *23% 23 104)4 25% Northern States Power Co— 18% Nov May Oet 31 Vadsco Sales-._v.i.—...No mr '18 101 1)6 A 5i.:..U•—v.'-—J945 A {{♦Og A fx Cham 1st *22 103 ♦Certificates of deposit.;: Ref A Ayr Dec Jan 21 11034' 4 l Ref <t impt 6s series B .: Ayr 1 157 654 ? 112 34 Josh ■108% •2 34 *100; ...... Dec 1% 4s—-...........195) . Nov '41 May 20 109 no34 2434 mn I03»4 ;-*• 4s registered 1997 O Gen lien rv & |;i g 3s ....Jan 2017 Q yy-.; 3s registered- .'.. .'... 2047 U Ref & impt 4J%s series A.... 2017 J Apr 60 - 4 140 109^ 23 34 A 1954 f North Pacific prior lien 4s 76% Nov , 7 100 10934 8 6134 Apr 1% Jan 62 101 '4 *2334 cellation of gura itee).... 1945 a .67% Nov *73% Dec 114 Jan 42% Dec 20 12 May 10 43 78 Nov 12 ♦1st Jan 103)« Mav 33'%; Jan 13 ♦1st gtd Apr 42 6 25 M 2434 A 15%! 1 reorgam ,tN rrthern Ohio Ry-« Nov' 't 60 £50% Nov Dec 18 '16 15 39% May 1 07/4 "*8 10l?4 103 North Cent gen A ref 5s1974 V/ ft Gen A ref 4 Hsseries A. ..c.,.1974 M 3 Jan P4 88% May 4 70% Jan Per % Mai , 76% Jan 29 ~ 12 34 75 U Ayr Mays 27% Jum a 1961 Debenture 3"%s— Apr 74 21% June . 2% July 23 43% Dec 18 7% 12% May 48 4 v izatlon m .inager) 5s.. 1941 Nbrf A Western-Ry lst.g 4s... 1996 I North AmerCodebSMs 1940 F 182% May ;2% May 58..*...1061 1st A ref ... Dec 11 89 10% Sept 16 105 — High 105 54 f 2)40 110 j ♦Certificates of deoosit— ♦Ctfs of den (issued by reorgan- May; .12% "6% May June 12 105 m 10)34 * ./ 4!^S--1946 J Bist 1st j Low A pi Ow 80 4% Aug 13 25% Dae 29 U S Smelting Ref <fc Min.._50 47% 14% 2% Dee 21 U S Playing Card Co...-.-10 1,800 *46 3 33% Aug 26 U S Plywood C irp 2,200 *22 1 5134 Apr 13 -9 ' *134 Niagara Falls Power 3 t$s.——1966 M S Nlag Ixock A O it Pow 1st 5s A.1)55 t u N 13% Mar 5ft 20 100 13,400 118% 119% 23% 23% 14% ■ 40) 16% *46 15*N Y West A Oef 9%Jnne27 20% Dec 26 68% 24 Jan 3% Jan 14 ■: 5.10 3034 75 34" '15 Jum Jnlv 22 183 'NO' 10 118 6 July 10 43 ,%.20 U S Pine A Foundry 48% 70 48 23 >r 2934 A Pr« Ma\ h% 9 13 5% A or 24 "¥,20) ....... 63 tC Hio1' 10 574; 106 H M N Jan July 28 19 54% Feb21 53% ; 4 Feb 10 «a.r 67?s '70 A Prior Preferred.i..—...100 47% *68% 67% 48 53% 16 16% 67 *68 70 *67 *Uj6 118 *155% 161 ., 16 67 48% 24 23)2 Partic&convcl A..1N0 2,300 —,.1943 .. 107% Jury Jan 22 4% Sept 478 Feb 17 JU S Realty A [nipt...No oar 15% 51% 14% *161 30) 48% 47% 170 U S Leather<.Co------_Ara par is1(] % 51% 8% 1,400 A Xener if gild 5s.......... 1940 F Debenture 2434 67 *42% ' * * ♦Terminal 1st gold 5s i. Jnn §** Asked Pec 14% Nov 19 33 U S Industrial Alcohol.No par 271» 16% *1514 ... *23% 70 47 _ 27% 49 *42% 51'2 15)% 3% 8% *,31S 68% . "Vipo 34% 2?« - ;'F 24 l5lp 25 15% 84 *13% * 33 _ *27 7% *% 60 '%« - 5%%c>nv preferred. —.50 £24 % 49 *46 50 U S Hoffman Mnch C arp—_6 *27 68 lht *»i.i *43 60 200 40lg *98)2 105% 16% 2334 23% 48 175 *24 24 % IX884 110% 117% 11.8 *46 No par v': 6: 30)4 Niagara Share (Mo) deb 5>iS--1950 UN U S *6 3% 8% 117 10)% DsciO 8% Apr25 US DlstrlbCirpconv pref.100 U S Freight Co *96% 105% 23% 24 70 54% 5534 410 2,73.) 2,70) Gyoeum Co-----.-.-.20 7% oreferre d 100 *34% 49% 33% *2% •, 2^4 2% 7% 7% *96% 105% 24 24 27% 27% 68% 49 *65 70 55'fi 31% 15% 66% .47 *65 24 31% 66% 48% 1512 M 534 66*2 47 2% 7% ♦96% 105% 24% 24% *26% 27% 27% 23% 2% *7% 21% 24'g *31% 49% -.No oar *167 175 6%:, 6% *34%: - 10574 J 41 93% Oet ?4 10% 44% *167 i - Mar A Loin j ?57* 60 . 60% Jan 10 44% 0% 40% - 9% Feb 19 7% Dee 20 37% Dee 23 *17% 10% 44% '175 $5 0referred United Mer & MauuInc v tc.l ,.1063'j — 65% Mar 5% C>rp 1st t§*N y susri A W 1st ref 5s. .1937 §♦21 gold 4Hs............1937 Air 6 Dor 27s Ma» 5 85% 18% 18% 10 3% Hopr 7% 8 Dec 2% Dec 27 44% ♦6% 2 N Y Hteam share per Ma[) 26% 10% Jan 15 2% DO 27 83 Dec 29 *17% 44% Jan 79 S6 1st preferred.—No mr 9% 45 *34- 42 U cited Paner board'J..... 10 18% *167 Dec 26 M ty 29 4% Djc 23 U S 4 Foreign Becur...Ala par 88% 6% 30 60 50 17 *6% 5 1,400 *3 *83 9% 3% Nov 2*1 5% July 24 4 shar per 51 2,000 3% 3% 85% 3% 4 3% *3 *8-3 171 170 2,700 . share 3% 3% 3% 9% 45% *34 32 3% 13% *83 3% 3 % A or 31 40) 105 • per 6%Sept 18 3%S"pt 10 United Fruit Co....---No var United Gas Improv't.-Nmar 30,5)0 5' j 5% •13% % 20%May 16 United E lg A Fdy 2.6)0 68% 105 105% 105% 13% 13% 13% Dvewood Carp- —10 J ...100 Preferred 2)1 33 67% 5% 5% 5% 104 *3U2 69 sha** per 278 June 3) 1% Dee 29 ..5 Uuited Electric Cml Cos,i_-5 130 2.5)0 4% IS 44 6% 44)-e *31% United 6)3 2% 48 4% 4% 33 69 13% 3.% 3% 0% 44 5 104 2% 44 44 4% t Par United Drug Inc.. 2,40) 5 86 17% 9% 9'4 1% 43 70 13% *83 18% 18% 69% *3% 3% 86'2 44 4434 44'2 ♦171 13% 3% 3i2 *3% *83 85 32% 71% 5 5% *102% 103' 13% 3% 3'2 3*2 *3 85 33 5 5 2% 4% 1 ■ 41% 4% 32% 70% 5's 41% 4% 4% *32 -104 13'a 14% 2% 2% 41 4% 72 4V 6 2% 4% Shares $ per share $ per share $ per share 5 41 33 71'2 >l2 105 13% 13% 4% 4% *32 share per 43 4U *10 S 5'8 2 5% 5's 2 5's Bid PrVe ' "I 3 1654 f 05 I UI34] THE COMMERCIAL & FINANCIAL CHRONICLE Number 4032 Volume-155 179 NEW YORK BOND RECORD ' ' 1 1 VetK Friday * ' T s "2-V T'v A ' BONDS la ■ EXCHANGE N. Y. STOCK CnS ' •. > Week Ended Jan. 0 ' 3 Friday's |2 ' Sale Price" Bid \ Range Range or Last ■" Asked & ,r week Ended Jan) 9' ——1960 M B *106 Pressed Steel Car deb 5s. ...1951 J — J {♦Providence Sec guar deb 48—1957 JfN {♦Providence Term 1st 4s —...1956 M 1st & ref mtge 8s Purity Bakeries *11054 TQ9M : - ' 109M 10454 103 1st 4 Ms (Oregon 07 M 87 : -Gold 10854HI J4 106, 6754 70 43 65 80 80 81M 81M 49 V76 , 79 8054 101 104 104 10554 4 104 V 8 1041?,: 99 9 99 V ...— >4, :m'm ■ • »* ..i-. 1952 .1953 F 4s.._. .1955 J ♦Cons mtge 6s Richfield Oil Corp— -1955 AO v* I .1952 4s s f conv debentures. {{♦Rio Grande June 1st gu 5s .1939 {{♦Rio Grande West 1st g 4g..l939 Roch Gas & El 4 Ms ser D >0.'— ? -62 ..V 9154 J 107 "11" 40 44 I 1454 1254 ! 10154 10414 104 10354 108 10854 102 10254 3Ms series J..—1969 M {{♦ll lArk & Louis 1st 4 Ms.. 1934 Af li^Ruhr Chemical 8 f 6s.. 1948 A {♦Rut-Canadian 4s stpd 1949 J {{♦Rutland RR 4Ms stpd 1941 „ "107" •»' fc> „ . 131 : 7 54 ♦AdJ 5s 93." 9154 — 10 0354 1075* 10754 1996 ...1996 St L Iron Mtn A Southern— 55 1 9 102 M 105 10454 53 102 100 99)4 99 54 6154 100 18 78 99 \i 101 10 99 108 M 60 34 -6054 65 *10154 -6154 53)4 104 6654 - Bt L Pub Serv 1st mtge 5s *97M ♦Con M 7554 U ♦Tyrol Hydro-El Pow 7 Ms* 17 72 4 70 P 6s stpd...1965 3354 8254 55 22 39 259 f> O 13 * 6454 7454 53 25 17 67J4 ♦Guar 5s conv deb-A.. 1953 J 4154 8354 *81 J TfUjigawa Elec Power s f 7a. 9M {{♦Union Elec Ry (Cbic) 5s_; A 16 Union Oil of Calif 6s series A, F JLiJJU- F j r,— 54 14 X 657 9M 1654 \ 1354 1354 164 9M 1654 Union Pacific RR— 8154 80 i 8154 04 69 80 '•. 57 ; 33 104 35M 17M 6454 "37M 47 954 Nov 1989 ♦2d 4s Inc bond ctto " {♦ 1st term & unifying 5s...il962 • ♦Gen A ref 5s series A.. .,1990 g 1854 7 5854 "38 1844 1654 ♦ — t*8t Paul E Gr Trk 1st 4 Ms.. .1947 {{♦8t P & K C Sb L gu 4 Ms. .1941 4s... .1943 San Antonio Pub Serv 3 Ms. "*5 3 - 754 9954 3s debentures«...... 48 registered — Ref mtge .1942 S A & Ar Pass 1st gu g 100 156 A A ♦Adjustment ..Oct 1949 F {♦Refunding 4s.— -1959 A 1154 -■ J — -,.. F 7M | L7-- -. gu 4s... 1933 us {♦Seaboard All Fla 6s A ctfs.. .1935 17 . A 354 ♦6s Series B certificates.,.. .1935 F A 97 M 294ss f debs..,..,....,... .1961 / J D J 694 -10154 16 101'3as 2 10254 35 - 10154 / 11054 108 11054 10954 .1—7 *9854 ~~~7 *98** 81m 44 80.54 80 83 7054 8014 35 38m 13 34 m 38 m 3154 3554 3554 30 6454 •— ——. *35M 24 A 0 M S 9454 9354 M S 10454 10454 - - if 72 *69 „7— 95 68 10454 •' 1 • 31 754 654 76 5 54 0 564 3J4 96 0 65 ♦Ref A gen 53 series D m 99 -O.-i:: .1964 J South A Nor Ala ltR gu 5s..'. .1963 A .1962 A eoutb Bell Tel & Tel 354s ...... 10754 .1979 J 106 M .1947 J 1 1946 MN 9M 1.80s....,.l'—...Nov 1 1946 MN 854 1.858—4.;}.-'. -May. 1 1947 1.90s-,...,.....Nov. 1 1947 ..1980 A ...1955 A 25 12 754 24 25 h 24 m 34 2054 23*4 23 10 754 22 M 24m 20 • 24 m 1 2054 7m 2254 2254 24 2554 20 20m 86 O Warner Bros Plot 6s debs.....1948 M 30M 88 M 70M 44M {{♦Warren Bros Co deb 6s„.1941 86M 103*3t 104 M % 102M " 107M "*35 A 10254 14 101 105 M 90 102 M 105 M ..... 10754 106 10554 : ■ « 104)4 10354 107 M F A Warren RR 1st ref gu g 3 Ms.. .2000 Washington Cent 1st gold 4s.. 1948 QM Wash Term 1st gn 8 Ms—945 1st 40-year guar 4s_.... 1945 00 109M 113M 4 a 8 WestNY&Pa 101 107 101M 107 M 114M 112*4 96 65M 78 95 M 108H 70 1966 J .1952 A MO 3854 •' 7 _ A O S ...1946 M S M 1960 10054 10 10454 25M 92 M 22 17 7154 8654 86 46 73m 89 84 83 74 16 27 15 16 106 3954 4154 48 M 46 60 3954 5654 52 102 M + + ~ 45 M 46 37 • 3754 m 105 m 104M *10954 7 3 33 95 9354 94^ 7 — 4s...1949 100 101 100 "■ J02 H «7*»y7 100 10454 115 . 27 4354 2654 39 42 m "16"" 9 '109 54 M N ♦Certificates of deposit,.,^. 1968 *754 10954 1054 109 m 10854 111m 108 10854 106 M 10 6 54 1354 654 13m 102 100 "40 *35 Wise Public Service 77^'-' 9254 9654 10354 107 m 102 111m 3754 39M ♦Certificates of deposit...... 100 -'*.77 101M 105 11254 115 114 .,.1917 Wisconsin-Elec Power 3Ms 7 86 54 10054 101m 10154 102 m 48 West Va Pulp A Paper 3s 1954 J D Wheeling & L E RR 4s.....-.1949 M S Wheeling Steel 1st 3Ms ser B._ 1966 U S Wllsou & Co 1st M 48 A J ..1955 J ioo'm 15 3 101M • 100M 101 3054 2954 83 M J 2381 Registered.:.,...... ......2361 gen 15 26 8254 8154 10154 With declaration 8^.— 142 9754 104j4 10354 107 20M 84 West Shore 1st 4s guar... Conv deb 5 10954 11254 87m 95*4 80 M 86 MAT Westinghouse El A Mfg 2Ms—1951 11054 114 60 25M 8 ^♦Westphalia Un El Power 6s. 1953 / 10754 111 8 "I'4 88 M 26 83 ser A i22" 12854 104M / {♦Su A Du dlv A ter 1st 4s..1936 oom « 65 7354 106m 10854 M 97M 91 100 Western Union Telegg 4Ms...1950 M N ^5-year gold 5s. , 1951 J D ♦5s assented..... 70 •> 121M - 108 112 ! 111 J O gengbld4s...1943 {♦Western Pac 1st 5s 100M 102 77- -1 10054 10O54 10'M 100M 102 % 101 101 -",5 100 1 1949 MN 100 100 5 100 102M 10054 4 3Ms.—-1971 {♦Wor & Conn East 1st 4MS-1943 10854 / J M *12 110 1254. 12M Youngstown Sheet & Tube— Conv deb 4s...._....—...1948 M S 1st mtge s 13Ms ser P—-.I960 UN 101M 101h 10054 101M 20 16 10054 10354 103X 1 1949 MN *10054 1 1950 MN *100 11950 MN 10054 1 1951 MN *10054 *10154 NOV •_ 2.25s—*.....i..--May ^ 2.30s..... 2.35s 1 1951 MN .i.Nov May 103 2,603—..Nov 104 —.—May 10954 2.65s,. ..........May 104 » mmmm 10294 10154 -.*-7 f"S -- MN - 101 7 K'7 *10054 *10054 10054 1 1954 MN 102 *10054 1 1953 MN 2,55s 100 1952 MN C.4 *10054 1 1952 MN *100- —May 10254 -7-7 7 4* 103M 100 103M 100M 104M 100M 104 100M 104 7 100 102M - 100 103M 100M 104M 101 103M 10054 5 100 M 103 103 1 1955 MN 100M 102M 100M 103 1 2.50s——rnNov 2,45s_._...- 10954 1O0M 31 70 121 m 1977 J — {♦Wis Cent 50-yj* 1st 1 1948 MN 122M 106 M 109 M 7 3554 69m Winston-Salem 8 B 1st 4s.._ —1980 '7-2 2 10754 10654 10554 89 100 *98 M 1963 M S 99M 100M 100 '2,40s..*...,,4.i.Nov 119 51m A 1946 Af 100M 100-7 1 1953 MN . 213 *110 102 *10054 40 _ 93>4 *10754 1 1948 MN ' ' 104J4 97 82 M *33 m 93 M S F West Penn Power 1st 6s E 101J4 10054 MN 2,20s . 85 99 102 M MN 2.10s—......—..Nov , - 27 31 ..... , 92 Westchester Ltg 5s stpd gtd.,.1950 J D Gen mtge 3Ms..—.... 1967 3D 101 *10054 *10054 *10194 *10054 2,158,.......1—.May : . 45M 5 ..... 10254 *115 64 10 91 212 15 82 H 87 4 95m 20 M 105 77m 99m 95 8 109 6 99 95 M S 8M *'*77 r - 2354 23m 97 M 2.05s—......>...May V' • "> 24 85 O A .....1955 48 M 2.009......>...—Nov ' 99M 10154 *9954 Vi'A-*99 54 *10054 2354 7454 M "25M ♦Ctfs of deposit (assented).. 27 lr95s,Ji-.-s..l..May - 4M -7*7 r 1 1945 MN 4M 97 m''4 - 1 1944 MN 1 1945 MN \ "m'4 I'm *9954 .10944 MN ...May 254 2M 9454 " 10254 10254 106M 1 1943 MN . 1.753.-.--May 1.50s..J 754 654 2954 ...... 10943 MN 1.125s.i.'......>;NoVr 1754 M *9954 24m 24 O 24 99 M 100 *9954 10942 MN 1.625s.4...w..-*-Nov 1054 15 97M M ay 1 1942 MN 1.008............May 154 3M 254 454 354 38 > 354 0 454 - 1,375s.^.ilssirii.-Nov 11 -17 . 21m 24 M 11M ' 1.25s..•— -May 162 5M O ■ 7 16 .—J 24 m 8 99M 101M 1 15 54 6 ■ . 9 25)4 25m M 25 K 46 United States Steel Corp— . 2654 74m 7*4 24 O 1Q2M 107 % 104M 107 M 9 754 2354 29 *78 M 24 8054 30 m 27 27m 27 29 A 96M 101M 10354 *'.75s_ .L: 61m - 8054 3054 27m O ♦Ref A gen 4 Ms series C 1978 A ♦Ctfs of deposit (assented).. 75 R 10454 J'«.§758.'.;-.:—*i-'--Nov 60 : < 98 97 O 15>4 1 i: -4 ...... .1950 F Socony-Vaciiuru Oil 3s debs.. ....... 6 101'33» 4 754 - Skelly Oil 3a debs... 3e debentures - •11194 ""i6« 26 8 123 ..... .1946 F VSIlesla Elec Corp 6 Ms. {{♦Slleslan-Am Corp coll tr 7s .1941 F Simmons Co deb 4s..i...... .1962 A Southern Colo Power 6s A 13 *3 Shell Union OH 2Ms debs.... .1954 J fShlnyetsu El Pow 1st 6M»— .1952 5*blemeus A Halska deb 6Ms. .1961 8qm J ♦Ref gen 5s series B...t 1976 F ♦Ctfs of deposit (assented) .v 75M 69 M iil" 10554 4s.'.. -1944 74 38 X *86 % 30-year 5s.. (Del) 5s 10954 83 66 % 74 M 96 M io4 a 110 U N J RR & Canal gen 10254 10654 12154 12454 18 1154 6 '554 ...1945 m. a ♦Certificates of deposit {{♦Atl A Birm 1st m . Serial-debentures — 1154 "1254 ♦Certificates of deposit1 6s series A m 104 54 .. 1950 cous mm D - *124 {♦4s g stamped.^.....'—... 1950 ♦1st 57 H 56 103 . J • 5s 108 *104 United Drug Co 4M 1H4 9954 106 38 M ' 110 Scioto V A N E 1st gu 4s..__ .1989 {Seaboard Air Line Ry— {♦1st g 4s unstamped... % 93 United Clgar-Whelan Sts 6s 81 554 70M 65 109 V. {♦Toledo A Chlo Dlv g 4s ♦Ctfs of dep (reorg mgr)..1941 {♦Wabash Ry ref & gen 5Ms A. 1975 AT 8 ♦Ctfs of deposit (assented).. .1 3M« ser A—.!.— 71 1q7m m% ♦Ctfs of dep (reorg mgr).. 1939 {♦Omaha Dlv 1st g 3 Ms 1941 A ♦Ctfs of dep (reorg mgr) 94 X 107 H 107 % Z mU-m AO 34-year 3Ms deb..4.. 35-year 3Ms deb—— ;J971 UN 41M 2254 2 13 9M .1970 Santa Fe Pres & Phen 1st 6s 78 82 ..... 3 9M 9954 - rn m a United Biscuit 3 Ms debs St Paul A Dul 1st con g 48— .1968 ^ 1971 MN 1st A land grant 4s— ......1989 .77* 102 54 'J Z- rmmrnrm A 206 1354 14 7:1 "* *117 *• A 233 14 M 854 .... -r.r.r O 9 1254 1154 1154 1254 1254 v, .*iy. *9954 A 15M 15H 16M 1254 1454 1354 91 *67a *67 a 1st A ref 5Ms series A.. Union Elec Co of Mo 3MS— 69 . 111 10854 112 5454 69 84 54 90 70 m ♦Ctfs of dep (recrg mgr).. 1941 {♦Des Moines Dlv 1st 4s 102 87 U 55 71 --...1939 F A 3Ms series I... Western Maryland 1st 4s.. 11 • •- 1st mtge {St Louis-Southwestern Ry-— 1st 4s bond ctfs 5 MN F 1154 series A.....-..-1978 ♦Ctf8 of deposit stamped 768 ,7s g4a—1946 J D f 7s sec s 13 4 M» 122 1754 S 64 72 55 ♦Certificates of deposit..*.... 54J4 100 ..... 0 6454 93 33 — —— Hen 4s A... .1950 66 - ** Toronto Ham <fc Biiff 1st 72 ' 3354 ♦Certificates of deposit—.... ♦Prior Hen 5« series B 1950 31 128 6454 100 Trenton G A EI 1st g 5s. -LiwL1949 M S | *62 *88 J 111 109 O ...1958 4 ' {♦2d gold 6s 108M 113M 108 M 112M 102 6654 14 1654 19 11054 10354 39481960 7D 70 63 Tri-Cont Corp .1969 * .1. With declaration 10554 110 .....1939 J/N 6s debentures 4s_.—1950 .4 Tol W V A Ohio 4s serles*Oi*i-1942 M 10754 112 2 - 71-i-v - : {♦St L Peor A N W 1st gu 5s..1948 6454 6454 J " L. ' 10954 101 0 60 55 *45 i_- M N "I'o 108 74 1953 /D Tol St Louis A West 1st i 4s.....1933 g ♦Certificates of deposit 108 8754 O 1980 / D To! & Oliio Cent ref & impt St Joe & Grand Island 1st 4«.. 1947 5s_.r—2003 J ...... Walworth Co 1st M 4s : 6t Lawr A Adlr 1st g 109m 97 M W ^Tokyo Eleo Light Co Ltd— 85 109m {Wabash RR Co— {♦1st gold 5s 123 M 128M »M - Saguenay Pow Ltd 1st M 4 M*-1966 12354 10554 10554 5s.......Jan 1960 A O income 109 Yx 94 Virginian Ry 3^ series A—..1966 M S 100M 104H 8654 4..-.-1979 A {♦Third Ave RR 1st g 6s......1937 / 9 .... 10454 5Ms A...1964 M 8 Third Ave Ry 1st ref 4s.......I960 J J 1654 31 254 354 20 — Gen A ref 5s series D A —— : *102 Tex Pac Mo PacTer 11054 854 754 «r--: 6M 654 107 98 m " w Gen & re 5s series C 110 110 4s series A. 1955 F ♦Ctfs of dep (reorg mgr)....j. ♦1st lien g term 4s 1954 / ♦Ctfs of dep (reorg mgr) *12054 D 1977 A iU 98 m 1944 ♦Ctfs of det) (reorg mgr).__—. ; Texas & Pacific 1st gold 5s....2000 J . 101H Va & Southwest 1st gu 1st cons 5s. i— 5 104 J4 18 1 105 M i 50 Gen & ref 5s series B cons g 106 H 103 100 it 109 M 10954 7 • 102 100 M J Conss f 4s series B— — 1957 MJV Va Elec & Pow 3Ms ser B. 1968 M S Va Iron Coal A Coke 1st g 58-1949 Af S 101M 102M 102 M 52 J 35 mm- 25 - A 1053 J — ' ' 101 J 1947 r 36 H 22 103 - / Ref A impt mtge 10954 10954 - 10554 *10254 101 101M — {♦Det & Chic Ext 1st 5s Tenn Coal Iron & RR gen 5s_.1951 J Term Assn St L 1st cons 5s 1944 F 1st 6s dollar series. pr mimm 15 2654 17M 2654 * {♦St L-San Fr - ...1956 MJV .....1961 A/N 4854 « - 12 1054 w* •» ■» "I" J w 107 107 12* < - U *108M Gen mtge St L Rocky Mt A m 86 81 109M 112M 104 M 109 30 104 108 m 78 72 Vandalia RR : 27 131 *i(¥>"" 1967 M 1967 M Gen mtge 3 Ms scrlos I 21 "~6 J 33 • 9 . 3454 / 41 1454 J 13 102 20 54 A —...— United Stockyds 414s w w. —.1951 AT O 14M 10254 107 65i 0 *36 J:. 13 100 *3254 3Ms ser B.1974 J J Texarkana& Ft 8 gu:6Ms A...1950 F A Texas Company 3s deb 1959 A O 3s debentures..j.. .1,1965 M N Texas & N O con gold 5s*.....1943 J ./ 10 10354 82 82 ,«'m 7 V~>r 25 V 84M J 33m F 94 M 65M 89 e-U."i..;.i-1968 J ♦Spokane International 4Ms..2013 J J Stand Oil of Calif 294 debs....1966 F A Standard Oil N J deb.3s.,....1961 J D 83 9m AJ O 86 78 11054 High 954 20 J© Ms ser A—.1947 J assented A 45 160 80K 1941 No. Low High 3154 6M 33m 33 2154 98 m 9154 98 m 104M 70m 56M ,7954 —1951 66 71M 10954 43 Ms assented C. ♦Sink fund deb 6 Utah Lt&Trao 1st A ref 5s 132 i— for Year D Utah Power A Light 1st 5s....1944 133 11054 I2 D 1951 J 88 851 J -.1951 J 71 6454 8454 8954 -8454 82 / 418 6254 -iv' Range or Asked Corp 6Ms A. .1951 ./ D a^ented A f 6 Ma series C ♦3M dfc Low 48 H 9254 80 s Bid i ' 9054 - O Friday's Price -Nft. 55 % 55 H 55% 82 M 6254 6454 84 H O ■i 8954 O 57 M 39M 51 ♦3Ms ♦Sec 48M H Range Sale Railroad & Indus. Cos. (Conel. ' 317 64 • 37M 34M 945 85 54 8454 * D Gen refund a f g 4s.— 1977 M Gen mtge 3»4s series H - 39 H J 3Ms B.1..1964 2654 17M :. 6M A coll trust 4s A.-.1949 A ♦{R1V & G Dlv 1st 40 ; :U2 J 35 103 .1955 F U ♦Rima Steel 1st s£7s 2d gold 6s... 63 J4 J Ist-g 4S—-...1951 J -1st «fe ref 3s series Superior Oil 3 Ms debs. Swift & Co 2mb debs 6 A With declaration— con A 44 394 491 , 50 1 ♦Cons mtge 6s ♦1st " 0 294 del>enture .*.....1953 J Studebaker Corp conv deb 8s. .1945 / 15 With decraratlon 5254 4954 6 —- -: w 5354 '6354 6294 62 54 511 *,^51, ■' 8154 -,-8254 33 11 .... 53 , 8454 654 ... . 53M 25 Last fe.2 K fe Weea Ended Jan, 9 > J*Un Steel Wkf ./ .4 554 1946 1946 f ♦Rhine-Ruhr Water Serv 6s.: .1953 ♦Rh I ne~Westphalln El Pr 7s. .1950 f St Louis Div So'western Bell Tel 10254 1045* 103?4 10554 102 106M 96 54 102 7M 28)4 35 10354 > , 103 10554 530 62 54 50 Devel A gea 6Ms.i...'.v.—1956 ,4 Mem Dlv 1st g 5s..... 1996 J v 84 100 58 50 5254 4s....... .-1950 So Pac RR 1st ref guar 8454 75 1 High .■ 72 36 fv. 101; 101 103 M 1st M conv 554s... 1954 ... ». No. Low 52 54 10-year secured 394B--...—'1946 J BONDS N. Y. STOCK EXCHANGE 1941 ficj-co ' i Range fol Year High WN 1st 4s stamped.. .1955 J Southern Ry 1st cons g 5s....1994 J Gen mtge 4 Ms series C..... 1956 Revere Copper A Brass 3Ms... .1960 ♦Direct mtge 6s I c- S3K ' Week's Friday c Asked ; '...>..1981 MJV — San Fran Term 1st 103 12 69 M Reading Co Jersey Cent coll 4s .1961 Gen A ref 4 54s series A...., .1997 >•■• .1997 Gen & ref 4 54s series B Remington Rand deb 354s — . .1956 Republic Steel Corp 4 Ms ser B 1961 , * 5754 '.....1968 M a 4mst"..1.vfc».1969 Gold 4Msi. Devel & gen 4s series-A...-..1956 A .....1956 A 1|*Rhelnelbe Union s f 7s....'_. ♦3^8 assented.T.. As Low >*;-• ' Lines) A.*1.1077 Af'rt 4Msi."i. Gold 654 224 218 ' # "18 (Com.) - Devel & gen 6s.. mon Bid Price I2 Friday's *> '' R Pur Range or Sale . 109 M 112J4 142 153 i 10954 103J4 1948 f deb 5s s -i ^ C *217*7 .2037 J D — ... 90 2M 87 '5 85 ' Pub Serv of Nor 111 3^8..*.**1968 A if '*:■ Week's Last ■' 4s (Cent Pac coll) J........1949 J D 4s registered. .w. *194.9 ; .* 110 54 107 1 9454 *354 *72 Public Service El & Gas 3MS-1968 J 1st & ref mtge 5s; *.....2037 J 89M 105M 107M -- - - 10754 10754 *9054 Southern Pacific Co— 77 80 8154 7954 7954 / Potomac El Pow 1st M 3MS...1966 J Railroad & Indus. Cos. High No. Low High Low 1st5sextended to.........I960 J Friday - •? Railroad & Indus. Cos. {Com.) Port Gen Elec 1st 454s | ' BONOS N. Y. STOCK EXCHANGE for Year "■ 1941 V 2 102 101M 104H 99 10054 m 10354 9654 d Ex-interest. « Odd-lot n Under-the-rule sale not Included In the Cash sale uot Included iu the year's range. { Negotiability Unpaired by maturity, 1 The price represented Is the dollar quota¬ tion per 200-pound unit of bonds. Aoorued Interest payable at the exchange rate a Deferred delivery sale pot included in the year's range, sale not Included in the y8*r's range, year's range, r Of $4.8484. • { Companies reported as being in bankruptcy, receivership, or reorganized Section 77 of the Bankruptcy Act. or securities assumed by such companies. * Friday's bid and asked prioe. ♦ Bonds selling flat. f Trading under No sales transacted during current week. , suspended effective Dec. 11 in all Issues of German, Italian and The Bulgarian aud Hungarian issues were suspended on Dec. 18 Japanese bonds. NEW YORK CURB EXCHANGE In footnote the In the last and deferred week in which delivery sales they occur. 1942) taken of furnish we a week's Tanf.e unless they such sales Week's Range for Sale of Prices Low .High the range for the year. J STOCKS ' High (Continued) r. ". ">:w. Par Alliance Investment...--* :7 A of Prices » Low I High Price for P - Class B 1 AlnsworthMfgoommon.-S 19 i 22 1,300 Air Associates Inc (N "*554 '"Ik "5*54 4 /■ 454 7 4)4 . J)..l Aircraft Access Corp...50c Conv preferred 1654 154 Dec Deo Dec 1 Apr 7894 10494 page 77 54 102 9154 183. 78 94 50 10454 9354 110 30 654 •1294 Class A conv com Low Shares 154 "'"166 94 Feb 7554 10054 92 ■ Aluminum Co common.—* 1854 ""*50 2254- 22M 225 1854 .22M 14 : 1894 4 Aluminum Goods Mfg—* 10054 Sept Aluminium Ltd common.* Dec 11154 Sept Mar 103 Mar American Book Co....100 92 1,850 200 .110694 • '7 5.54 ."'554 77*50 Mar Par 294 Oct Amer Box Board Co 194 Oct 91 6% preferred— 100 7654 1 74M 90 M 7654 90 M 250 65 50 85 Range for Year 1941 for Week com on. *u ——- Apr Dec g3' preferred---———* Jan $5.50 prior pref——-—* July 154 May Ji» Aug Dec 1154 Mar 5954 Dec 6854 Jan 10 94 Dec Dec Nov 2854 Feb 6 454 May Po^er & Lt— Deo 155 Jan Dec 116 Jau Class A——— Jan Sept Class. B_.——— 1894 7)4 76 Oct 9954 Nov Dec Nov 554 Dec 10c Common class B 2 Dec Dec 3 ...10c 2254 Dec High Low Shares High Low American Capitul— 21 Apr May May •n 20 Price com.l Dec Mar 454 American Beverage com—1 Dec .114. 12 Aluminum Industries com * Jan 10054 104 113. preferred—.....100 •u Jan of Prices High Jan Jan 26 Week's Range Sale Amer Cities "'154*Jan Nov Last Feb 154 - 25 Sales STOCKS Class A Altorfer Bros common—* 6% 20 preferred——.— .-* see Jan 354 654 1u Alabama Power Co $7 pf_* 654 454 * Alabama Gt Southern..50 footnotes 154 "" Jan 600 200 July 2294 "~va ""Ik "va "I~56O 154 23 Dec 600 Warrants For Mar 20 Air investors oommon—_2 $6 154 : Friday 254 May $3 conv preferred. * Allied Products (Mich)—1,0 . 20 Mfg Class A -1 week beginning on Saturday Curb Exchange itself, and is in¬ CContinued) Range for Year 1941 I Week Allied Intl Investing-^ Acme Wire Co common.10 Aero Supply weekly range are shown in a . Sales, Last, Week's Range '.Salt Alles & Fisher Inc com...* , ' bond, in which any dealings have occurred during the current year. or Friday Low RECORD the only transactions of the week, and when selling outside the regular It is compiled entirely from the daily reports of the (Jan. 9, 1942). Range for Year 1941, Shares are complete record of the transactions on the New York Curb Exchange for the present Friday Week Price in computing Sates Last par is security, whether stock Friday STOCKS account and ending the tended to include every -;.-v No following extensive list (Jan. 3, disregarded in: the are YEARLY AMP WEEKLY NOTICE—Cash 35 Conv class A Amer Cyanamid class A.1Q 10 14M 12 25 1 Class B n-v 12 54' 1254 —.25 13 'id . » 125 - 200 54 '994 700 54 Amer Export Lines com..l Amer Foreign Pow warr... Feb 94 Jan 35 ■ 3954 _39M. 4154 Jan 41 4,700 31 Feb 4294 Aug July 1,900 1594 Apr 29 Nov 100 hi Dec Apr »u 8ept Jan 2694 22 21 2254 • ,n Jan THE COMMERCIAL & FINANCIAL CHRONICLE 180 Tuesday, January 13, 1942 NEW YORK CURB EXCHANGE Sales Friday STOCK Par Week's Range for Sale {Continued) of Prices Low High Amer Fork & Hoe 19 X l'Jc 1 Amer General Corp com $2 conv preferred Maracalbo Co Co Amer Meter Amer 19% '""50 19% 100 19 Corp com * preferred.. * $6 series preferred .* American Thread 5% Pf--5 2X ~2~H com.* 2 Angostura-Wupperman. .1 Apex Elec Mfg Co com...* Appalachian Elec.Power 4%% preferred 100 Writing Paper Anchor Post Fence Dec 15% 28% June Apr Apr Mar 28% - 84 June % Nov % May Jan 85 Sept 8% Sept 79% X hi 4,700 200 25 6% 6% 1,800 20 32% Dec Apr 5% 1% Oct 15% 15% 25 2% 2% 2% 1,100 2% 2% Feb 3% Dec % 47% 2% 2% 47% 2% 2% 2% 2%' i6< 7,900 50 900 200 700 2% 1% Dec Mar ""loo 'hi 6 % Jan Sept 3% "r"% ""% "2;i00 Oct Dec 39% 40% 350 '103*% 1% ."u 1% 1,800 7% 84% 7% 87 000 1 «u L $7 pre!...* ; 700 40 102% 103% 5% "16 6% 5 100 6% Sept G'asco Products— 4% Corp common... 1 "T% "5% 4X ""400 4% 1,300 4% 108%. Dec Catalln Corp of Amer 5 1 * com July Dec 2% July Cent N Y Pow Apr 9 Nov "2% 2% 79% June 96 Aug 5 4% Dec 6% June 5% Jan Nov 12 10% June Dec 2 3% Oct Dec % Jan Jan Cent Pow & Lt rait Dec % % Dec IX hi 200 Dec % 400 Tel & Tel class A.. 1 % 2 Jan Jan Sept Jan pref..-100 Gas Lt 6% pf.100 Coast RR Co Jan 108 100 Co..50 200 24 % 23% 24% 2% % • Atlas Drop Forge com— 5 Plywood Corp 13% Auburn Central Mfg 4% 4% Automatic Produets 2 Automatic Voting Mach— 3% 600 14% 4% 600 2% % 29% July 4% "it July Jan 9% Jan 19 July 5% Mar 1 Oct 2% Sept Dec 3% 100 2% Dec 4% Aug 3% 100 2 Dec 4% July 11% 13 3% 3% & Sons com.5 6% preferred w w 25 6% preferred x-w 25 Avery (B F) Dec 17% Jau "13"" "25 13 Nov 16 Dec % Jan Dec *2 st 36% Apr Axton-Fisher Tobacco— Oct 22% 22% 10 22% Ayrshire Patoka Collieries 1 1 20 3% 9 Feb Sept B % % .10 28 28 27 $6 preferred 32% Dec July 3H 30 3% Baldwin Rubber Co com 3% Steel...1 4% 31 31 3% 13 % • % v.7% 7% Jan Dec 37% Mar Colorado Fuel & Iron warr. 100 3% Dec 6% Jan 8 800 % Dec 1% Jan 6% 11 Dec Jan Aug couv 3% 100 20 1 8% ■ 15% 1 8% 14% '" 500 50 % May Jan Mar % 108 24 12% ...* ElecP & L2d pref A ..* % Jan Apr 14% Sept Electrographic Corn Dec 4% Mar Elgin Nat Watch Co...15 Emerson Elec Mfg 4 Sept Jan Jan Oct Nov 94% Dec 5% 114 Mar 34% 34% Oct" hi Bickfords Inc common...* 9% % Dec 6% Jan 9% Dec Dec 14% Jan 72 700 110% Jan 6% preferred 6%% preferred 1% Sept Nov 13% Jan 8 37 Apr Dec 73% Jau 7% preferred Dec 10 4 ; 100 - Jan 125 2,500 f j * & Machine Co com 6% Compo Shoe Mach— V t cext to 1946 48 83% 82% 10 4% 400 Blue Ridge Corp com 15" 1 1 % — July Esquire Inc Dec 7% July 5% Aug Evcrsharp inc Aug 72% 104 189% Feb 102 Dec 6% 7 Oct Dec 17 30 2,100 Jan % 8% Jau % Jau 3 % 3% 50 Dec 6% Ja" 4 100 3% Jan July 41 Dee 2X7 % 4 Dec Oct July 100 % Dec 20% % 1% 1% 71 34 \ 1,700 71 28 1% 1% Jan 2% 500 29 Dec 38% Oct 5 100 4 Dec 8% July 7% 1st preferred 100 35 Borne Scrymser Co 25 Mar 30 18% May "6% "^6% * """166 5% "1% '"106 1 Bowman-Biltmorecom ...* Oct 38% Jan 8% Nov % Jan Dec - Dec * Oct 41 Feb hi Tx 100 $5 2d preferred Dec 30 3% ^ 5 1 8% preferred 50 17 Mar July 4% Jan 82% Jan 930 Dec 60% Mar 2,600 1 Feb ;;i Jan 6% 11% July Sept Brazilian Tr Lt & Pow...* 5 4% 5% 1,100 3% Feb Breeze Corp common....1 9 8% 9% 1,500 5% Feb 7% 8% 5,000 Aeronautical... 1 "T% ~"i% L800 "*2% "2% Bridgeport Machine—---* '"360 100 Preferred * 7% preferred . "45" Oil * Co Apr "45 '"loo Feb 1% Feb hi Cont Roil & Steel 51 114% 100 8% Copper Range Co 2 June hi Dec 2 1% 300 1% "600 47 51 Aug ■> 102 1% 1% 1 % 1 % 5% 5% Jan 13% "11% "13% "eoo 63 Jan Crocker 10% 12% Apr Croft Brewing Co July 8 May Am dep rets crd reg—.£1 6 July 10% 8% Sept Oct reg—10s hi Class A preferred 1% 7% * 1% 7% 100 $6 preferred * Brown Rubber Co com__l % 16% Dec 2% July Jan 11% Aug 200 7 May 1% 224% % 9% Mar 4 Mar Dec 69 "300 Bruce (E L) Co common.5 1% Jan Sept Sept Mar ..25 39 15 35% 39 150 Dec 14 1,200 12 91% 100 85 10 600 13% 15 -* 91% Bunker Hill k Sullivan 2 50 46 Aug 9% Dec Dec Petroleum.......5 Wheeler Elec...* Metallurgical...* HFiat Amer dep rets...... Fire Association (Phlla).lO Florida P 6c L $7 pref ♦ *: Class A non-vot.. 9 7% conv 10% Dec Nov Burry Biscuit Corp..12%c % % 1,000 % 1 Jan hi 100 105 $6 preferred.... Cuban Atlantic Sugar Cuban Tobacco com Common....... 1% Dec 21% June 2% Dec Vot trust ctfs 50c For footnotes see page % Feb % May 183. % Feb % Feb Feb 500 5 200 Dec 3% Dec ... 103 63 103 62% 99 40 325 July June 58% Apr 296% July 1% IX IX 5,100 11 1 .. 1,700 1 May 100 9% Jan 9% 10% Dec 19 1 Apr Fuller (Geo A) 9% 7 couv % Jan 9% "6% preferred "44% "44% 88 Amer dep rets ord reg.£l Gen Fire proofing com...* Gen Gas <fc El $6 pref B„* Feb 600 4 Dec $6 preferred.. % June % Oct 14% 102% General Mar 79 6 Dec % 8% Mar 1,900 100 6% Dec 11% Jan 6% Dec 11 Jan Oct 37 67 Dec Jan "i# '11 $6 conv preferred * General Tire & Rubber— 6% preferred A Dec Oct h» 500 Dec "32* 102 $3 preferred * Jan Gilbert 100 % Dec 1% Mar preferred (A C) Dec 98 Preferred 89 Sept Gilchrist Co Jan 2 Sept Sept Glen Alden Coal July 2% Sept Class B * Mar 19% $7 preferred * •3% May 7% % July July * * 11% ha Dec Jan 11% "7% "7% Jan ""166 19% ""7% Feb 4% May 94 Goldfleld Consol Mines..1 Goodman Mfg Co Dec 7% June 8% Feb 2,600 10% Dec 23% Gladding McBean & Co.* 19 Jan Jau 4% 40% * Feb Jan 90 * 1% 12% 400 Dec 32 common..* % 70 200 3,100 103 Aug "56 Gen Water G & E com..1 % 10 "34% June 100 275 101 45 10 51% 101 20 6 50 100 Dec 5 Dec Jan Dec hi ■ " 71 100 69 hi 1 800 4% Jan 19 Godchaux Sugars class A.* 4% 40 Shareholdings Corp he 16% 10% Nov 130 hi Nov Georgia Power $6 pref...* 15 15% 102% Gen Rayon Co A stock...* 4% 16% 14% 89 May 52% May Gen Outdoor Ad v 6% pflOO Gen Pub Serv $6 pref...* 1% Jan 8% Sept Oct 1 % Dec 4 800 Sept — 98 Dec July 49% * 7% 80 86 30 General Investment com.l Sept 4% 107 "• 89% Dec * Feb % Dec Feb 44 1 General Alloys Co 4% 1 May 9% 28 "50 100 550 80 250 10 Gatlneau Power Co— he 1% 8% May ...* preferred...100 5% 1 200 18 Co new.,1 stock conv 4% 1 10% Gen Electrlo Co Ltd— May hi Jan 50 ~ 2% Sept 2% May % May Dec 1 % % 18 4% % 18% Gorham Inc class A Gorham 'ha L>ec 5% 1% 16% Dec 22% Apr Apr ha 4% Apr % July Dec 4 500 400 50 Sept 5 1% Mar * $3 preferred * 24 Mfg common..10 Grand Rapids Varnish... 1 Gray Mfg Co 14 14% 20,300 * Non-vot 75 24 14% Jan 25% June 3% ""I06 3% 2% Dec 200 2% Dec 500 "3% "3% 5 new com stock...* 4% Dec 10% July 5% ■ 14% Jan 14% Dec 7% 1st preferred Greater N Y Brewery Mar 2% 2% Oct Aug 1% 7 Jan 7% May May 100 1 {Guardian Investors 75% ..5 6% 6% 6% 200 13 6% 6% 6% 19 8% Feb 9 July Aug 3% 20 200 5 18 12 Dec 110 Deo Jan Dec A conv preferred 50 39 39 "T% "T%" 50 loo ..* Detroit Gasket & Mfg...1 6% preferred w w 2q Feb 28% 9% 8 100 ""266 120 Dec % 29% 6% % Dec Dec Dec Nov hi Sept 169" 32 108" 34 109" 3,500 """46 29 Mar 108 "32" Mar 108 2% Dec Mar Nov Dec 3% Sept Hall Lamp Co Dec 2% Mar Hammermlll Paper Hartford Elec Light 35 Jan Feb 1 29% 8 "7% "7% 25 1,900 H 5% 99% 300 hi Mar % 8 % Gypsum Lime&Alabastlne* 2% 18% 126% 126% *st 1 25 Gulf States Util $5.50 pf.* $6 preferred __—* com 83 80 Grocery Sts Prod com.25c Gulf Oil Corp D Darby Petroleum 82% Gt Northern Paper ..25 Greenfield Tap & Die....* 1 Jan Feb % Am den 614% pref she £1 7% May 1% Dec 5% May 18% Dec 700 19 63 1 Jan Jan 30 Jan 1% Curtis Light'g Inc com 2.50 Curtis Mfg Co (Mo) 6 $6 prior preferred Cables A Wireless Ltd— 300 3,900 15 Oct 119% 111% 1% Dec 200 10 8% debenture .100 Derby Oil Sc Ref Corp com* % June June 2 * Feb 73 Feb 200 Dennlson Mfg cl A com.. 5 Cable Eldc Prod com..60c 100 Apr Great Atl & Pac Tea— Class A conv.. 35 Decca Records common. 1 Dejay Stores 1 12% Dec 2% 50 35 Co Distilling...1 Jan 2% Dec * Mar Dec Dec 19 (Peter) Brewing Co..5 Feb ' 2 Dec Dec 29% preferred—.25 Crystal Oil Ref com. Davenport Hosiery Mills.* Dayton Rubber Mfg 1 % 1% May 17% Dec Jan 200 7% 6% Crown Cent Petrol (Md)_5 Crown Cork Intemat A..* Feb 9% 13 400 8% * Class B voting.*.., Franklin Mar Mar % ..1 Mar .* Dec 900 2% 6% 5 % 33% 39% 110% Adrs ord reg stocks—.£1 Creole 19% 99% Burma Corp Am dep rct»«. Burco Inc *3 pref 19 % 16% 6% 4%, Jviar Sept Dec 34 1,000 Dec Jan * Buckeye Pipe Line 50 Buff Niagara & East Pow— $1.60 prelerred $4 1st preferred Feb 1 200 Brown Forman Distillers.1 Bruck Silk Mills Ltd Dec 15 British Col Power cl A.. ■ 6% % he 8 7% 7% Crown Drug Co com..25c Brown Fence & Wire com.l 15 Dec 4 : hi I 15% Jon 20% - 1 Fansteel 13% % ' Crowley. Milner & Co...* Am dep rets ord bearer £1 72 108 V Fanny Fanner Candy Dec 1 190 83 81% I $6 preferred A ..* Cosden Petroleum com... 1 31 British Celanese Ltd— Am dep rets ord Reynolds 35% June — Feb 108 Tedders Mfg Co. ——5 Fed Compress & W'h'se 25 Common 5% conv preferred—.50 Courtaulds Ltd— July Aug Nov Feb Feb 7% $3 150 2,000 112% 113% Cornucopia Gold Mines 5c % Apr 68 ; 9% 2% 4% Dec Dec 100 * Corroon & 14% Feb 80 101% 102 7% Jan 7 1% 102 ""!%" 1 Apr Oct Nov 4% 2 50 70 2%, Feb 13 1 100 Continental Oil of Mex._ 1 Sept 2% Dec 600 103% 103% Gamewell Co $6 conv pf.* 7% prior pref 11% 50 5% 80 7% 24% % 250 **% 10 30 Dec Dec Dec 67% 101% ' Consolidated Steel Corp Contiuental Gas & Elec Co 11% May 30% Jan 100 Class A»» British Amer 1 .4 Brillo Mfg Co common...* British Amer Tobacco Dec Nov 30 Brill Corp class A...——* Class B 6% 20% 8% Bridgeport Gas Light Co.* 3% 27 5% 80 2% $5 Brewster 400 v. 1 Am dep rets ord reg..£l Ford Motor of Canada— 1% 4% Nov Dec 17 8% Cooper-Bessemer com...* $3 prior preference * % 5% Falrchlld Aviation .1 Fulrchlld Eng & Airplane. 1 hi June 17 Cook Paint & Varnish Co.* July July Ford Motor Co Ltd— 62% 100 Consol Royalty Oil Jan % 52 2% Mar ' 1 1,600 Nov 24 - Consol Retail Stores 33 7% 1st preferred Consol Gas Utilities Apr 5 61 5% com 9 I Dec Dec 1% x Consol Mlu & Smelt Ltd.5 32 59% VA Conv partic pref 1 Jan * Bourjols Inc Consol Biscuit Co Nov Dec Dec July 4% .... 4 Nov 7% % 4% May 1% Conn Telep & Elec Corp.l Sept Dec 12% Dec 47% Jan Jan % 3(H) Mar 4% Dec 32,300 1% Mar 150 6% Dec Dec 56 5 Eureka Pipe Line com..60 30#. July 6 6% 2% "l",700 125 1% 55% Emsco Derrick & July Dec . 8% 200 16% % 35 60% 8% preferred ..100 Empire Power part stock * 18% 0% % May 34% * Common..;. $3 preferred.. 4%% series B pref..100 4% pref series C 100 Blumentbal (S) & Co * Bohack (H C) Co com...* $3 opt conv pref 1% 100 83% 13% 34% 5% Dec 11 100 ..100 Dec Feb 400 Apr 11% hi Nov Equip..5 Equity Corp common.. 10c $3 conv preferred 1 Conu Gas <fc Coke Secur— Consol G E L P Bait com.* ,7% Blauner's common.......* Bliss (E W) common 75 9 Feb 2 % 150 July % % Dec 5% June . Mar 40% Birdsboro Steel Foundry 14 13% 13% • 5% . * $2.50 preferred % May 10,600 300 10 Dec , Gellman Mfg Co com Berkey & Gay Furniture. 1 Dec 24 Option warrants...., 3% 25 9 4% 1 Dec 40 hi.Nov Empire Dist El 6% pf 100 Empire Gas & Fuel Co— 50 Community Water Serv.,1 24% Apr Dec 500 1,750 • 13% Aug 1% 50 $6 ^referred Dee hit Jan 4% 13% Dec 49% 32 44% 28% 11. * % ... Community Pub Service 25 100 Dee % 10 $5 preferred..— 3% Commouw Distribution.. 1 Oct 4,700 6% 900 Froedtert Grain & Malt- Aug 32-'i;VJan 108% . 75 3 82% 1% 9 2,500 800 1% 1% 2,500 82% ""4% 1 Columbia Oil & Gas 5 9% * 49% 31% 7% 1 % • Sept Fox Dec 2% 109% Benson & Hedges com.. Conv preferred 117 Elec Bond & Share com..5 52% Dec % June Economy Grocery Stores '•"*75 Dee 7H, 7% 14 Jan 79 32% Mar 16% "166 * Feb .48 79 100 3% 23% 100 2% """% Dec July . 1% 67 $6 preferred series B_._♦ Aug preferred.._£1 4% 12% 3% Corp $7 preferred series A; Feb % 2% May 10% Eastern States Jan 10 v Columbia Gas & Elec— Beauuit Mills Inc com..10 Bellanca Aircraft com 4%% prior pref.....100 6% preferred.— 100 % % . 52% Colt's Patent Fire Arms .25 6% 800 Eastern Malleable Iron.25 hi % Dec 300 2 % * Dec Dec . Warrants Beau BrummellTtes Inc. -S Bell Tel of Canada Nov .10 ... 95 . Commonwealth & Southern Bell Aircraft Corp com.. Common.. Dec Cohn & Roseuberger Inc.* 2% 30% 6% 7% 109 1% Dec East Gas & Fuel Assoc- Dec .. 2% 2% * 100 5 Basic Refractories Inc...l pre! Beech Aircraft Corp Eagle Picher Lead Jan 112 Apr " Apr 5% Cleveland Elec Ilium 5% preferred conv Jau % % "5% "6 ■ sr Dec he v, June 21 Falstaff Brewing.. Cleveland Tractor com..* 61 20 Mar July 13% Dec Claude Neon Lights Inc..l 5,700 Baumaun—See "Ludwig" 67 6% 44 .* 23% Barlow & Seehg Mfg— 67 July Duval Texas Sulphur—..* 4June Dec 6 Colon Development ord. Purch warrants for com. .. 73 ...* City Auto Stamping * City & Suburban Homes 10 Clark Controller Co 67 Dec 16% 3% h« hn 81 Dec Corp common.1 Jan 20% Dec 2% $6 preferred BB 100 May 1 3% 2% Corp.l Duke Power Co..i..'..100 25 3% 10% 10% .72 ... .* 1,200 Baldwin Locomotive— $1.50 Apr Dec 60c preferred B Cities Serv P & L $7 pref.* 4% • 7% preferred..... ..100 2% Chief Consol Mining—.1 Cbilds Co preferred.... 100 — 4% Dubllier Condenser 700 % % 11% 3% Chicago Flexible Shaft Co 5 Chicago Rivet & Mach—4 common. 1,700 10 1,200 1 % % 10% 10% Cherry-Burrell common..5 $6 preferred 5% Jan 8 Dec 5% 5 Cities Service .——* % % Club Alum Utensil Co.. * $1.20 conv A com Draper Corp* % % Charis Ccrp common... 10 25 4% Dominion Steel & Coal B 25 has hs» Cockshutt Plow Co com.* Barium Stainless 6% 100 7% Apr 10 5% Dec Nov 11 Feb Nov 2 % Chamberlln Metal Weather Strip Co 10% 29 Easy Washing Mach B. 100 preferred 200 Apr 110% 10% 700 Cllnchfleld Coal Corp.. 100 7% pieferred 113 Dec 3% 17 Clayton & Lambert Mfg. .10 Babcock &. Wilcox Co Apr Jan 13" —- Class A common 7% Aug Nov 11% Dec 2% May 600 2 3% Apr Jan 3 "566 Atlas Corp warrants 110 Sept 17 Atlantic Rayon Corp May Nov 72 Apr 65 Atlantic Coast Fisheries.-l Warrants Aug Nov Dec 110 100 100 Conv 13 Dobeckmun Co common.1 July 10 Oct "26 7% 1 6% preferrred 7% preferred Chesebrough Mfg Atlanta Birmingham & Atlas Oct % Aug 3% 5% 106 7% Cent & South West Util 50c Cessna Aircraft Co hi 1 1 $5 preferred Atlantic Coast Line 2% 121 100 7% pfd 100 Cent States Elec com 12% Nov Mar 11% Dec Dec Assoc Laundries of Amer. Atlanta Sept Dec 100 "83~ 83 Conv pref opt ser '29.100 Assoc 2% 44 400 3 6% 6% Cent Ohio Steel Prod. —1 7% pf 100 5% pref. 100 10 —10 Jan Mar :, t Feb 900 Cent Maine Pow 2 {Associated Gas & Elec— Class A---- 15 Feb 35 Castle (A M) common..lu Dec % % 6 % 7 % 1 Art Metal Works com 5 Ashland Oil & Re! Co 1 Assoc Breweries of Can..* Associated Elec lndustf.es Amer dep rets reg £1 Equipment Corp Dec Steel Prod Diamond Shoe common ..* ' 70 2-103 7% -— 5 Jan 108 —__* Carter (J W) Co common. 1 Cent Hud G & E 102' --10 Common Dec Dec 6% * Carrier Jan Jan 18% • Dec Dec Nov hi De Vilbiss Co common..10 Duro Test Aug 1% Dec % 1% 1 Durham Hosiery cl B com * July 12 Jau 114% % ',.7 Carolina P & L $7 pref—* $6 preferred 3% * 3% ; Jan •••- * 3% ■ {Detroit Paper Prod Driver Harris Co.* 100 common Low v Det Mich Stove Co com_.l Aug 1% May —100 B Carnation Co Mar 1 Capital City Products...* Class 5% 2% X13-: 100 Jan Jau 8 Dec 100 "i'% "T% % 60% Dec 42% May 1% Dec 2% Dec •. * Marconi Range for Year 1941 Shares Gray Iron Fdy__l 2% 13% Canadian Industries Ltd— Canadian High Dominion Bridge Co Ltd.* * 7% preferred Detroit Dlvco-Twln Truck com..l Canadian Indus Alcohcl— Class B non vot— May *7% preferred 15% Low Par Detroit Colonial Airways... 1 Canadian Dredg & Dock.* voting. Week Dec 3% 7% partic preferred—.25 Class A for of Prices 1% May Sept 17% 79% Arkansas Nat Gas com...* Common cl A non-vot. - Aro 23% 25 '31 Amer Arkansas P & 700 V Carman & Co class A 1st $6 preferred 600 1% Canada Cement Co Ltd.* 100 25 % 1% 14 Den Canadian Car & Fdy Ltd— 50 "ex 22% 1% Feb Feb Week's Range High ■ 1% Oct 100 10 Low 10 Jan 1,300 79% 10 .2 California Elec Power Aug "■ Apr 9% Shares Callite Tungsten Corp___l Camden Fire Insur Assn.5 26% 11% Am Superpower 6% 15% 16% Price Sales STOCKS (1Continued) Range for Year 1941 Calamba Sugar Estate..20 33 30 26% 20% % 25 Week Apr 11 20% .-"I Republics 3% Dec 25 26%" 11 100 100 1 Scal-Kap common. 1% 30% 113% Friday for of Prices Low Hlgd Can Potash & Chemical.* American Amer "17%" 17 X 17 25 Preferred Amer 400 150 27 Week's Rauge Sale Par July Jan Feb Jan 13% Apr Nov Dec 19% 100 28 25 6%' preferred Amer Mfg Co common. 325 2% 2 Mack...20 Amer Lt & Trac com 9,000 104 20% $2.50 conv preferred.-.1 Amer Hard Rubber Co..50 Amer Laundry 20X 19% 102 9% 200 Last High Low Shares 11X 11X Sales STOCKS (Continued) 1941 Week Price com...* American Gas & Elec—10 4%% preferred 100 Friday i Range for Year last 7 17% Jan Mar , 53% 112 2% ...5 10 3% June 4% 19 46 Hartford Rayon v t c 1 Harvard Brewing Co.—1 July 17% 46 18% 25 400 5(H) 20 3% 15% 44 Dec Dec .Dec Hat Corp of America— July 54% Nov Dec 10 Jan Jan 18% Oat B uon-vot common Hazeltlne Corp.. 1 * 18% 18% 18% 150 % 1% Nov 2% ""loo Dec 14 Dec Dec Volume 155 Number'4032 THE COMMERCIAL & FINANCIAL CHRONICLE 181 NEW YORK CURB EXCHANGE Friday STOCKS Last s •<Continued) Sale* Week's Ranot Sale * Par Prfe „Friday Range for Year 1941 ■.■■far of Prices ; ! High Sates STOCKS Low Shares Last Week't Ranot for (Continued) Week Low Sdle of Prices Week High . Par Low Price High Range for Year 1941 Friday Week'e Ranot Last STOCKS Shares Low of Prices Sale (Continued) Par High Price TjOW High Sales for Week Range for Year 1941 Shares Low High ~ 6% nreferred'_..50 conv Mining Co.—25c Hecla Helena Rubensteln.j fllftKH 1%, 2M 25% 1 25'4 14 Hearu Dept Stores com. .5 "5% * * 5% 94 A 20 50 6k 3,000 9k'. 9% 94 9)4 9k 14 500 200 : Mar 4k Feb 32 k 6k ' . 44 84 8% 6% 300 Heller Co common......2 Dec Dec 11 Dec w .'..-25 22 4 Nov 34 Hewitt Rubber common. .5 Heyden Chemical....;.1() 104 88 k 87 87 200 175 Hoe (R) & Co class Holllnger Consol G M...5 13 '284 "284 Hormel (Geo A) & Co com* Horn (A C) Co common.. 99 Mar Sept 9k Sept Aug Margay Apr Marion Feb Mass Utll Assoc Oil 25% z26k 650 214 Shovel..;* Dec 31k Aug Oct 114 k 18 Apt 13 * J 564 800 52 H Apr 54 55% 54 55k 100 44 Dee Jan Llgonler Co..* 7k 1 V tcfor 1st pref.———1 Hydro-Electric Securities 5 Hygrade Food Prod .5 Hygrade Sylvanla new * Huyler's Dec 5 be 150 4%.,. 44 3k . Dee Dec : 2k ~~2~/~~2% 16 15% 8 Nov com % Jan "11 July 8"Pt Dec 3 Mar 60 Dec 24 June 27 k Mead Johnson A Co 14 1 "2k •■') 2k Apr Li Feb 14 100 2k Apr 9 Dec "3k "l*§66 2 k Dec ' L« May 55k —r 1 7k «.* 7k 74 125 ~3k 24 Participating preferred * 400 126 3k 19k Mfg cl A..1 Merchants A Y % Sept lk Feb 2 k July Dec 19 k Sept Sept Oct 120 Jan 2k July 10k July Dec 148 Dec - Jan 3k Dec 5 150 15k Mar 22 100 2 k Dec ,4k Apr Nov 29k Apr 300 2% 27 , , 26 25 k July Sept 5k 800 3 k Dec 4 Mar k 103k 5% preferred...50 conv Dlv arrear ctfs 23 ...* 10 lk ..... Illinois Zinc Co. 10H 23 10k Oct 700 224 14 4 214 Dec 1,600 2 1% 3k 35 Nov 9 550 Dec Jan Jan 7k 13k -....1 4 2,300 7k % May Dec 2 Dec 40 lk lk 15 28 Jan Registered..... 2% Dec 7k May Sept '54 Dec 7k Sept 100 74 Feb 9% Oct 6 8k 2k \5k 100 6 8k Dec 2,100 Ok ..* ' Imperial Tobacco of Can.5 Britain 7 Ireland...£1 & * ;• ■24 ■'•24 "24 ""400 24 5,000 Preferred ; lk 4 6k lk 7k '10 Class A v t c— v 7io -.1 June Aug 104k Dec 120 13k Jan 27k 7% preferred....... 100 17k 18.k 80 14% Jan 29 4 Jan Sept Jan Sept 106k - Indian Ter Class B Aug Aug ilium Oil— Non-voting 3k. 1 . % Industrial Finance— 1 V t c cjmraon 7% preferred 76 4 77 4 1,000 International Cigar Mach * Dee 10 k 764 k June Midvale Co new com 2 Minnesota Mia A Mfg * Minnesota PAL 7% pf 100 Dec 20 k Jan 14 Industries Inc..l 14 500 4 4 lntcrnat Metal Indus A-.* 2k Dec k Feb Jan 7 7 k Sept International Petroleum— Coupon shares.;;j * "is 6.000 9% 6,800 4 < J4 mi 94 7 4. De. 2k Jan ill4 Sept Registered shares..;..* 9 9% 200 International Products.—* 4 4 100 Dec Dec jllk Dec 6k 84 3k , , International Dec k Mar *<; Utility- Class A 2% —....-* 74 $3.50 prior pref—..--* Interstate Home Equip.. 1 Dec b» Nov v 1 $1.75 preferred...-—. 27 27 7 74 7 50 54 23k Common 350 28 7% 6 500 Nov k Ward A..;* Montreal Lt Ht A Pow.;* Oct Moore (Tom) Jan Interstate Power $7 pref.* 1 S.;_* % 10k 1 Iron Fireman Mfg v t 100 1 % - 84 H 300 'u . Jan Mountain City Copcom.Sc Mountain Producers... 10 Jan 12 9% 10 Murray Ohio Mfg Co....* Muskegon'Piston Ring.2 k Mar 12 Dec Dec 14 6k 600 , 'mi~M4 : 82 ' . 82 Dec Italian Superpower A... k I 1% 14 900 1 14 Co...—* 14 600 lk Dec H v Dec Jan Feb May Mar 4 Mar 5k% preferred.;... 100 6% preferred ..100 7% preferred ...100 Johnson Publishing Co.lt) Jan Aug National Breweries com..; National Candy Co— ' National City Lines com;! Mar Jan Nov : Jan Jan 34 k Dec 83 k ,i % Aug 55 k Jan 93 Nov Julian A Kokengc com. Li * 1 00 Dec Li - Dec 23 k Mar 113k Kingston Products —..-.-1 1 Knott Corp common 155 ' 159 k 21 2 Nov Jan Philadelphia Co common.* Nov Ilk Mar Dec 200 2 "l".666 4k 4k. 4% k 44 2,000 • lk Kresgc 4% 4 104 111 950 1114 ; . 20 k 8k il 10 3 k 6 k Dec 15k Dec Dec July 8% Jan Apr 140 Jan 12 k 17 k Mar Pittsburgh & Lake Erie.50 Jan Mar 8k Oct May Pittsburgh Metallurgical 10 Pittsburgh Plate Glass..25 71 % % 400 7 4 14 Dec May 9k. 10 2,600 x94 Feb Nat Mfg A Stores com..;* 3 93 . 3 93 100 95k 925 Oct 2 k 87 Dec Dec Feb Feb Mi.ies Ltd._l Lakey Foundry A Mach.. 1 Lameon Corp of Del 8% 74\ 8% 3 2% 3 lk Dec 4 4 Jan 7 Dec Sept National Sugar National Tea Refining.* 11 iok "117 2". 200 7 k 6 k Apr Feb 9k 9k 700 8 k Dec Nat Tunnel A Mines*...* 2k 2k 100 2 k Dec 4 Feb Dec 5 12 2 Dec 13 104 k 4 ■ Apr Sept Jan Apr 50 Apr 13 k Jan 3k Dec 5k 110k 20 31 Dec 6k 2k Apr 46 Dec 14 Dec Aug k 5k 2 - 106 Jan Jan July ' 10k Jan 17 Dee 3 4 Nov Lefcourt Realty common. 1 June Jan 7 6k * Dec lk Dec ;; 9 k 109 k May 2 * preferred—100 $2 preferred..; — Jan 5k Aug Li Nov % 23 k Feb Dec X344 Sept Aug 400 5 , 16' 50 84 Jan 28k 475 100 101k 100 Rights 7 74 12 " 700 Zinc 25 1 12 65 k 64 100 67 k k 1,650 7% pref class A 100 6% pref class B—.100 Loudon Packing.... * Louisiana Land A Explor. 1 Louisiana P A L $6 pref.* 6k Feb Quaker Oats 97 k Feb Jan 6% preferred Quebec Power Co Li Dec Dec 18k 129k k N YClcy Omnibus— 6 Aug 10 k Dec X614 Nov Warrants....; 3k lk lk 100 15k 15k 100 For footnotes see page N Y Pr A Lt 7% pref;. 100 102 102 183, Dec 6 k Mar 140 110k Dec 118k Jan "3 k "3 k "366 29 k Nov 31k 2 k Feb Feb Jan 4 Jan k Dec 94 Nov 4k 6k 7,700 4 33k 36k 700 31 Feb 55 Oct 10 100 9 Dec 18 k Jan lk Dec lk Aug 5 Dec 6 5k lk 600 5k 1,700 43 k 51 56k 50 43 k Dec k 45 k 690 45 k Dec 70 Jan Dec Apr 55 Dec 10 k 96 k 58k 63 1,300 7k 61k 8 200 2 k x6 4 Aug Dec 8 k 4 Jan Mar Jan Jan Jan Nov 10 k 12 k Li Dec "ia 600 4 Feb 2k Apr Dec 200 24 Dec 4 % Jan lk 2k lk 2k 3 3 19k 18 k Nov 3k Mar Jan Jan k L« 16 k Dec 23 k k 500 k Dec k Jan 35 k 3 k 19k 400 Nov 38 k 8k Sept 3k 2k 1,000 Dec Li May Jan Li Feb k July Dec 8k Mar x% May 9k Jan 2k 6k 100 Deo 107k 107k 5 105k Jan 108 k June 111 20 Dec 118 97 97" "96 k 84 10k Jan Jan 13 k 13 Deo 4 35% 32% 3k 6k 109k Dec Jan Dec Dec 2 k 29k July July Aug 8ept July Feb 93 50 90 Dec 112 35 37 k 3,400 32 Dec 67 15k 15k 100 14 Dec k 18k Apr 7 Oct 8k Feb 5k Dec 8k July * common 67 5S 67 280 51 % Dec 105 Jan 159 k Jan 9k Jan R Apr Railway & Light Sec- Dec 6 Mar 19 Jan Voting common k Feb L» Jan 4 k k Dec Dec 7k Jan k Oct 3,300 .10 k 90 Dec Dec k 8k 116k 105k Dec Li Concrete Pile Raymond Common $3 conv * 14 15k 650 Red Bank Oil Co 2 k Li Dec! £0 Jani 4 k Sept k Decj lk Jan Dec! 21 Ls Jan| 9k 2 k .* 18k July 14 k Raytheon Mfg common 50c Jan Dec' 42 k preferred Jan Dec Dec L» June 16 k Jan 12k 200 '1,100 Dec 31k Sept Reed Roller Bit Co..—..* Relter Foster Oil Corp.50o 99 k Dec 100 100 100 6k Dec 30 20k Dec 150 105k Nov 6k 6% pf.100 23k 23k' 7 8k July 42 Jan Niagara Hudson Power— Common —10 <•5% 1st preferred..;. 100 5% 2d preferred..... 100 59 'lk 10,800 1 Deo 3 k Jan 575 lk 50 Dec 79 k Jan Dec 65k :61 59 53 53 10 bzn Lis'' 45 k Niagara Share— Class B common......5 Jan Li Jan Dec Li Feb k Dec 4 86 Dec 93 10 k 4k Dec Deo 4 2k 2k v 400 14 "3,966 "i3k "14 B'l Nlplssiug Mi ies. 5 Noma Electric.————1 Feb 2k Dec 2 14 Feb Oct k Nov 10k 4 Jan Jan $6 preferred 1 s3t ——* 86 k .... 4k IsYoo 3 88 ; 200 88 S32 6,000 300 Li May 70 ^ Feb 3 k 4 Jan H 104 k Jan Nov 5 k Jan 10 k Dec 14k Jan * 4k Jan 7k Radiator Sept 1 k 500 4 Dec lk Jan 1 hs 1,500 k Nov L» Jan 25 102 k July 105 Rio Grande Valley Gas Co Voting trust ctfs Rochester GAE16% pfClOO 93 93 93 k 6% preferred D 100 6k% PflOO & Roeser 93 k 115 Rome Oct Dec 107 Feb HI k Oct 114 May 10k Dec 14 Oct 8k Dec 10 k lk Mar 3k Dee Jan 8ept Jan 85 Pendleton Inc.* Cable Corp com..5 9 400 5 2 k 3k 800 Root Petroleum Co.;.—.1 2k 2k 500 1 100 4 k Jan 3k 16 >lt Dec k 47 k Dec Roosevelt Field Inc.. 9 , $1.20 pref.; 20 Rossia International * Royallte OH Co Ltd... 3 "' Nor Amer Lt A Power— Common.... 4k 1 Rochester Tel 2k Class A preferred... .100 Nineteen Hundred Corp 1 Jan Rbeem Mfg Co Jan Ls» >» 6,000 100 Apr Rice Stlx Dry Goods Richmond lk 3m Reliance Elec A Engin'r'g 5 Republic Aviation. N Y Water Serv Jan Dec 142 * Aug Dep Dec 86 20 k 5.10% preferred..-allOO Jan 6k June 100 Radio-Keith-Orpheum— Option warrants Sept 20 Founders Shares-...—1 June 3k 102 70 k N Y State Elec A Gas— ,.15k Dec 92 k 17k Sept 4 Jan 160 84 Sept 93 37 Shipbuilding Corp— Dec Dec 40 6 $6 preferred-.....;.-.* 11 k 4 102 14 14 Class B opt warrants. 6k 3,100 3 Railway & Utll Invest A ; N Y A Honduras Rosarlo 10 Class A opt warrants.. 300 "766 Jan 300 Jan , Jan 1,700 34 k Dec Dec Jan Feb 1 k 3k 4 Pyle-National Co com...5 56 k Dec lk 19 74 76", 777 Mar 116k Dec 1 Oct % ; % 28 Dec 10 "65k Puget 8ound Pulp & Tim * 14 Dec 27 Nlle8-Bem-Pond uew com* —-•* _j $5 prior preferred.....* $6 preferred .* Nov J—,—* N Y Auction Co com1—..* Dec Long Island Lighting— Common Dec lk 43 100 Apr Sept 1 21 4,800 ..... New Haven Clock Co.—>* 13k *' 72" 21 k 100 Aug 2 k 25k 10 100 k 16 Aug 100 800 4 "7k "7% k 4 28 k -* New York Transit Co.—.5 2 k 700 5% Mar 98 Dec 2 * k Dec * 2,900 >18 5 Lone StAr Gas Corp. Jan Sept k 44 54 57 k May 21 Pyreue Manufacturing.. 10 Corp...5 New Engl Pow Assoc 6% 110 k 7% pref. 100 4 Apr 2k Llpton (Thos J) Inc— 6% preferred 2o Tit Brothers common...* 70 Oct 15 Le Tourneau (R G) InC.-l Line Material Co ...5 150 Oct Jan N Y 4% 34k 86 Jan Feb Jan Locke Steel Chain.— 6% 1st preferred 7% 1st preferred 4 k ..Feb Oil Develop...25 200 400 Puget Sound P <fc L— 5k 5k% pref.10 Nel-ton (Herman) Dec * Nov Mar Nestle Le Mur Co cl A...* 6k Lehigh Coal A Nav 185 Public Service of Colorado July Neptune Meter class A;..* Dec * May 100 Prudential Investors 10k Jan 98 k preferred... 162 Apr Sept Prosperity Co class B_—* 8k 12k Dec 9 k 4 " ' July ^ept Dec Mar * Jan 113 Nov 28 14 k 10 k Dec 2 * 4k 33 k Providence Gas... 100 900 Nehi Corp 1st preferred..* 7% pref.. 100 ; 3k Prentice-Hall inc com.;.* Pressed Metals of Am___l Producers Corp of Nev.__ 1 Nebraska Pow 5 Class B.. 1. 115 Dec 110k HOk Premier Gold Mining.... 1 Jan Lane Wells Co common.. 1 Class A.. 6% 1st preferred Aug Feb 89 2,200 1,100 Dec Power Corp of Canada...* 44k Mar 12 k Jan 12 k Jan 5k Sept 100k July % 200 110 Potrero Sugar common..0 Powdrell & Alexander.__6 Pratt & Lambert Co.....* 6k 20 Jan 98 lk Pleasant Valley Wine Co.l Plough Inc common...7.50 Jan Oct 8k 15 2 Aug Lange ndorf Utd Bakeries— Leonard 18k * 5k N Y Merchandise—10 Conv 7 Sept 4 Jan 2 New Mex A Ariz Land..-1 Lane Bryant *7 6 k Nov New Process Co Lake Shore 12 Dec 4 4 5k Dec 8 k New Jersey 37 25 2k lk Meter Dec Jan Mar Dec 10 Conv $3 pref scries A.10 ) 37 11k 34 May 40 42 k '21 Pitts Bess & L E RR...50 2k 50 100 66 k Oct 84 Pierce Governor common. Pioneer Gold Mines Ltd. 8 8 New Idea Inc common—* Lackawanna RR (N J). Dec ; ..1 Mar Navarro Oil Co;...—..;* Feb "30 100 Jan Aug Jan Nov 4 \ ' 5 k ""206 94 150 New England Tel A Tel 4 Common 5k 67 9k 500 Dept 8tores— 1st pref....100 Kress (S H) special pref. 10 Krcuger Brewing Co 1 Nov 38 * Phoenix Securities— lk Nov conv 475 Phlla Elec Pow Jan ..30c 1 2% Co Jan Nat Union Radio lk 94 Circle 18k Dec Oct 3k 14k 46 50 174 -2k 20 26 Dec k Dec 7 5k July 800 preferred Nov 5k 10 2 49 100 k 105 174 50 Jan Jan 8k 93 Penn Salt Mfg Co Penn Sugar Prop. 8% pref.25 Phillips Packing Co 174 3 Jan Dec 89 * 10k conv 104k Rubber... 1 Feb Mar 2 k >31 Penn Pr & Lt $7 pref...* $6 preferred. * Pharis Tire & 13 k lk Apr Jan Dec k 6 * 7 k 156 390 2 33 33 49 __* $2.80 series pref Perfect Mar 11 2% $5 series pref.. Jan 54 100 KobAcker Stores Inc. ——* 1,700 35 k Apr Dec Oct Aug Mar Pennsylvania Gas & Elec— lk Sept 76 Li Koppers Co 6% pref..100 18,900 7k 7 k Jan Jan Pennsylvania Edison Co— 2k Dec 300 Klein (D Emll) Co com..* Klelncrt (I B) Rubber ColO 3k 13 k 33 Dec 2 k 2k 7k 3k 36 k Dec 14 14 24 Pennroad Cnrp com d Penn Cent Airlines com..l Dec Mar k Feb 14 1 14 .1 Kirhl'd Lake G M Co Ltd 1 Klrby Petroleum Penn Traffic Co Dec 18k 67k Dec % 13 k k Dec k 26 lk National Steel Car Ltd..* 12 8 31 Pe'pperell Mfg Co.....100 50 10 50 Peninsular Telephone com* Jan 40 48 "16" 5,500 4 Dec National Transit....12.50 48 4k 27 3 % 3 Klmboriy-Clark 6% pf.100 Kings Co Ltg 7% pf B.lOO 5% preferred D..... 100 "1*6" 10 84 Nat Rubber Mach..,:...* Feb Kennedy's Inc......—.6 Kcn-Rad Tube A Lamp A * 10 Aug 14 Dec 7 110 4k Mar ' 111H 112 Apr 8k Jan National Refining com.. 7% pref.lUO Oct 3k 9k 40 k K 5k Jan Jan 9k $3 National P A L $6 pref...* Kansas G A E Feb Dec 13k. Jan 24 3 4k American shares.. Paramount Motors Corp.l 4k 1,800 39 k. J»n 110 Jan 6k 10 k 10 Apr 104k Dec Dec 116 k 14" 97 k Dec 86 k 24k 159 Dec 10 67 k Dec 40 k Dec 82 80 2 Jan * Jan Oct 50 83 4 60 « Sept * Parker Pen Co Sept National Container (Del). 1 National Fuel Gas..;...* 50 93 4 4 k Parkersburg Rig & Recl.,1 Patohogue-Ply mouth Mills * 3 May 10 k Dec 88 85 89 29 Service...* 1st preferred Jan 8 200 Nat Bellas Hess com.—;] lk ,<80k 80 85 Pacific Public Aug* 16 200 5k Aug 108 k 87 k Penu Water & Power Co.* 5 . 4k- 3 Dec 7% pref.. 100 3 k 5 5?l .i Jan Mar, 95 k Feb ..' . 3k t; Dec k 78 k 29k Pneumatic Scale com... 10 Polaris Mining Co 25c Nach m an-Sprl ngf illcd . Jacobs (FLyCo Glass 6 30 N Jeannette Dec lk 100 July 30 Feb Jersey Central Pow A Lt— lk Jan 6 3 1% July 76 Dec 109 6% preferred....;--. 100 18 k 14 5 Jan 95k Dec 10 54 75 k lk l'.OCO 21k 116k 94 July 42 k Dec 2 Muskogee Co common.;;* Jan Dec Apr Pltney-Bowes Postage Jan Dec Dec Pacific P & L Jan 35 k "i« lk 9k Jan 74 700 400 Dec 47k 107 k 47k 110 13 k Lt ... k »ji Irving Air Chute 15 47k 110 Jan 31k zl3k Mountain Sts Tel A Tel 100 ... Nov 34 k Mountain States Power- Dec 3k Dec Jan 8 Jan 18 150 500 Dlst Stmp;l 10 Dee • 118 k 110k Jan Apr Y 8 Mtge Bank of Col Am shs. Common.. Investors Royalty.—....1 Dec Nov 6 Dec k 6k Dec 700 -10 - 14 k 10 k May Interstate Hosiery Mills. 105 Dec k lk 7 : Jan Dec Phila Elcc Co $5 nrcf Montana Dakota Utll. 34 k Dec Nov 9 6k Monroe Loan Soc A.....1 Apr 7k 115k 26 k Dec Monarch Machtae Tool.;* be s 106 Apr 29 Dec 3k 6k ...2.50 j 14k Dec Aug 500 Li 100 Moody Investors part pf;* Claes B. 115 Dec 400 Aug Missouri Pub Serv com.; Mock Jud Voehrlnger— Montgomery Y% Internat Safety RazorB Jan 109 k 111 29 k 4k 14 Sept 23 k UOk 27 k Apr 2,000 k Dec Pantepec Oil of Ve .ezuela— - 3 Dec Dec 102 1 July '40k 1 lk 82 Jan 27 Sept Sept 2% 111; 106 S5k conv nrior pref...* Oliver Utd Filters B.....* Omar Inc 1 7k 8 Monogram Pictures com.l "8k 111 Oklahoma Nat Gas com.15 $3 preferred 50 Jan Dec 100 lk "44k Mar 12 Class A common Molybdenum Corp.—— .1 Internat Paper Co warr.; 575 k 6k% 1st preferred...25 Pacific Lighting $5 pref..* Mississippi River Power Jan 300 Oilstocks Ltd common...5 3k 4k Midwest Piping A Sup..;* Oct 7k 2k 14k $1.40 preferred A....26 Penn-Mex Fuel 50c 10 83 Dec 6% preferred. 100 4% pref. 100 Ohio PS 7% 1st pref...100 6% 1st preferred....100 1,500 4 13k 39k * Midwest Oil Co Feb l 2,200 14 IK 30 2k Ohio Power 4 Page-Hersey Tubes... 6% preferred—....100 Pref $3.50 serleB—.50 9 Dec Jan Jan Pacific Can Co common..* Pacific G & E 6% 1st pf.25 Jan Internat Hydro Eleo— Dec 13 k Dec 95k Mar 6k dlv shares.* 12k , 2H 300 ..4 corn- lk Mining Corp of Canada..* 64 64k 100 Insurance Co of No Am. 10 Internut $2 noil cum Mid-West Refineries..— 1 4 \Dee 1.000 7 % Jan Midland Steel Products- Mid-West Abrasive.-;;.50 class A...1 Nov 15k 15 300 Ohio Edison $6 pref Feb 1 tc 5 r 110 17k 106 Ogden Corp com Ohio Brass Co cl B 4 $2 conv preferred.....* 17 k 106 10k 74 3 74 * 3,500 Indianapolis Power A Light preferred..;— 100 74 2k 14k Corp 2 k .10 ...... Middle West Corp com..5 Midland Oil Corp— j k Indiana Service 0% pf.100 5k% Jan May Aug Nov k 112 k May 3 k Dec Micromatlo Hone Corp__l Middle States Petrcleum— Sept 9 k 5 Jan Jan O $1.30 115 May Dec Dec 100 Michigan Bumper Corp..l Michigan Steel Tubc->-2.50 diss B ; -X* : Imperial Tobacco of Great Indiana Pipe Line—J—7 4 $6 preferred.'. Michigan Sugar Co..;...* 5k 3 k July Aug Imperial Chemical Indus— Am dep rets regis.__£1 Imperial Oil (Can) coup..* 800 Sept July 78 ' 700 3k 63 k July Feb .... 6k% A preferred..'.100 Metropolitan Edison— " Novadel-Agene Overseas Securities.. " Partic preferred Jan 59 k Apr June 5k ,240 3k 20 27 Merritt Chapman A Scott * Warrants ' Feb 1% 13^' k 2k Dec Jan 400 % 3k 5 Feb Apr 10 k 5 Ik 72k- Metal Textile Corp.....25c % Dec Jan Dec . com..* Stores Messabi Iron Co Illinois Iowa Power Co..* Lj Northern Pipe Line.; 10 Northern Sts Pow cl A..25 Dec l,k pl..t Memphis Nat Gas com..5 Y Aug 7 k 800 common. Aug 7766 16% 24 38 t .C—.l Aug 65 Mercantile Huwunann Dec Ohio Oil Jan 111 Hummel-Ross Fibre Corp 5 v $4 preferred ; * McCord Rad A Mfg B...* McWilllams Dredginfc- * 100 (Harvey) Inc—5 Humble Oil A Ref.. 1 May McEwen Kaiser Co 5% preferred... 21% 4 Feb Horn & Hardart.-. Hubbell < Corp.'.'.;.!* Steam Oct 117 k 1 Communication Co Ltd. Massey Harris Nov 15k Manlschewitz (The B) Co Mapes Conpol Mfg Co...* Marconi Intl Marine 17k .13 33 k Deo ,'i Nov ;'.2k 115 200 Nor Central Texas Oil Manatl Sugar opt warr... Mangel Stores 1 $5 conv preferred..,..* Sept lk 18 k .26,. Horn & Hardart Baking.* * 18k 18k 60 k 110 Feb 1 20 119 Dec Dec 50k Dec Jan Apr 50k Dec Nov Dec 6% prior preferred—.50 98 5k 64 10 . Jan 109 13k 13 13 Holophane Co common..* 25k 23 k 23 k 7% preferred.......100 8 4 Horder's Inc.. Dec Dec NorIndPubSer6% pf.100 4 "\54 A.-.10 200 Jan Feb 65 "loo Hildick Products Corp.2.50 16k M Feb Apr , 16k Dec 15k xl54 No Am Utility Securities.* Mar 26k . .26 Dec 10 154 10k 10k 9 , Nov 23 4 200 13 " Sept ex-warrJ—25 17k lk 13 7% 1st pref...100 Conv 7% 1st pf v t c.100 Lynch Corp common .5 Jan North Amer Rayon cl A—* Class B common * 16 27 k Aug Feb Dec % Conv Aug 12 Preferred Henry Holt A Co par A..* Ludwlg Bauman A Co com* Sept Nov Preferred w sept * conv Royal Typewriter——.. 14 50 5Q 14 51 300 Jan Sept. 59 k June Tuesday, January 13, 19J2 CHRONICLE ■THE COMMERCIAL & FINANCIAL 1#2 NEW YORK CURB EXCHANGE STOCKS Last Week's Range {Continued) Sale of Prices Low High Pat Price 3H 4% Aeronautical Co...1 Ryan Consol Petrol * 4% 3 1,100 1% % Last Low Price Tung-Sol Lamp Works... 1 Sept 800 cotlv V'■Low Shares High sept 2% Apr 1% July 6% 1 Salt Dome Oil Co.. 2 2! m ■ ~3% 5.100 75 ii6ji 112 —-5 % 800 % 100 H a: • - Dec 2% Schulte (D A) common.. preferred..,...26 —26 Conv Scovill Mfg "24% H 8% 24 % 22 250 17 Scranton La<e oommon.. 40 17 . •• , Water 13% Warrants Jan Securities Corp general... Seeinau Bros 2% •% %% 6 25 Convertible stock Sentry Safety Control Serrick Corp clals B Apr 6% 7% June 10% ... 42% 1% 1% 41% 42% 42% 42 % - -50 *..1 1 Seton Leather common...* 'Shattuck Denn Mining...5 Shawinlgan Wat A Pow..* Sherwl 11-Wi 1 llams com..25 5% Cum pref ser AAA100 Sherwin-Williams of Can.* 100 2% 2% Dec Mur 61 75 OH OH % - Feb 5% Sept 280 144 2% Dec % Nov 7% 4% Feb , Feb 1% Dec 100 % Apr 600 1 Sept June 2% Jan Dei 1 Feb 1,800 29 Dec Apr 30% 32% 30% 26 6 6'% 200 6% 6% 52% 175 47%.. Dec 28%. 29% .100 '>tfl 200 3% "*3% 4% 1,900 1%; Nov 1 > 600 . 10 57 Jan Nov % July Jan 6% 5% Dec 8 34% Jan 3 V t c % 1.000 % 190 4% 1% Dee May Jan % Dec 3% 1% AUg >u Dec Dec Jan Dec 30 % 100 Oct 200 . Mar 5% 17% Wellington Oil 5% 5% Air Lines Sept Jan Western 12% Dec Jau Western 107% Jan 112% Nov OCt '1# Jan Westmoreland >18 Jan July 30 Dec 27% Jan 2% Aug 48 Apt- Jan Wilson 1 *>16 Wilson-Jones Co. — 100 3 * Corp.....5 Co com 12 _.* * 12 1%: -.1 44% 5%% conv pref. 50 Superior Oil Co (Calif). .26 34 Texas PAL 7% Texou Oil & pref. 100 TVs 1C0 18.% Tilo lioofi ig Inc.... 1% 2% Apr Dec Tobacco Mar Apr 12 Apr xi% 6% Dec 98% 1 ■ 12 < Toledo Edison 7% lit)" H6" 4% Dec Jan 7 - 100 2 Lux Corp..'. Transwestern Oil 25 Jan 1st A ref 5s 11 Sept Tri-Conti leutal Tunz 1967 American Gas A Blc trh Co— 3%s« f debs,....., % June Dec 53 Jan 4% Sept Dec """lo 107 Dec 114 Jan Jan ' -3 "4% "i% 33 1 Class A...... . 34 . 2 % Jan D6c l.OoO % j-*...* . 900 InO Dec 3% 31 7i» Dec 7 warrants. Inc Tublze Chatllioil Corp.... 5%s s f debs ! • July p„ge 183 110 1949 $82 $82 85 ..1949 6sseriesB Dec 7 5% Oct 6% 111% 83% 82% 70% 70% 85 Jan Mar 9% Sept Idaho Power % 10% Nov Mar 3 Mar 111 Pr A Lt 1st 6s ser A.i •' • 110 Hygrade Food 6s A.....i..; 18% 14% ..1966 ...1963 Feb 14% 6 13 1,000 108% 108% .1967 4. 106 106 105 1st A ref 6%s ser B. 1954 104% Jan 1st A ret 5sser C 1956 102% Jan S f 104% 104% 102% 103% 100 100 ...'.1953 107% 111% 26.0(H) 104% 108 12.000 102 49,000 101 2,000 98 3,000 100 102% 102% 117 -Mar 3%s.. Oct - 8% Dec % July Dec Dec 1 Jan Jan 5%0Dec % 8% 10% 48% .... ^ ... - L2016 .1961 1970 Appalachian Elec Pow 3%s, Appalac Power dcbCs., ;..2024 .......May 1957 108 107 103 101 % ....1968 102% 1950 —1903 78 30,000 -75% 75% 76% 22,000 1952 1970 81% 1()7 80% 81% 3,000 75 92 % 107 107% 7,000 105 109% 6% 6 6% 2,000 3% 21 6 2,000 3% 4% 25% Indiana Service 5s — ♦indianapi lis Gas 5s A-—— Indianapolis Pow A Lt 3%s.. ^1957 ♦7s (Aug 1941 coupon)...,... 1967 ♦7s series F 1952 ♦7s (July 1941 coupon) 77 77 6 72% 71% 84% 84 10 4 % "2.606 6% 15% 5% 24 5 ■'"6% 1952 74 60,000 1952 36% 37% 12,000 1958 ♦isarco Hydro Elec 7s., ....1952 Italian Superpower 63—-1963 1108% Debenture 6s for Year Iowa Pow A Lt J. 1941 rfflgh . 73% Interstate Power 5s...........,..1957 Range for Week 15 4%s..,_. -73% — 80% 24 % 43% 106% 108% 66% 10?* • 4 . 26 35% 101% 108 105 4,000 105% 105% 103% HH%- -19,000 12,000 102% 103 105% 103% 106% Jacksonville Gas— 102% 105% 103 8§7666 19,000 106% 3,000 1942 53 106 5s stamped... 100% 103% 103% • Jersey Cent Pow A Lt 3%s.i..,..1965 105% 1103% 101 101% 101% 103% 106% 105% 100% 103 103% 106 ,.-1953 - — — 51 18,000 16,000 106% 106% 81 - "45"" 45- 42 r. 105% "676 66 ,2022 Kai.sas Pow, 109% $ 102 .1966 Kansas Gas A Elec 6s... 83% 128 19,000 106% 107% 1406-% 107 105% 105% 106% 78 4,000 82 81 Kansas Elcc Power 3 %s. 100% 109% 121 A Lt 3%S— 121: $ 109% .1969 121 1,000 . ♦C0.1v deb 4%s.-1949j ♦Conv deb 53 ....^ ...,1950 ♦Debenture 1968 deb 5 %s.......... . Light 4 %s.. Atlanta Gas AtDottc City Elec 3%s..__ . Avery A Sons (B F)—*• 5fi with warrants.....J, • .1977...1956 .-1P65 -.-..-1964 10 11' -' • 12 % 11% 3%s... 11% 4 %!%'-■ 12% "62"" 59- -62. 45,000 - 9,000 L9.000 ^ ' - . 19% 69 19A7 $93 .1957 103% 2,000 161" 106%, 108% 108% 103% 5,000 107 109% 3,000 77 1,000 95% 101 "io3% '.V."-'•*■!1 -fh- 108% 107 110 jMansielu Min A Smelt—* 104 " 104 ' 100 104% McCord 100 102 ♦7smtge J93 .1945 M . 108% " ....1,947 105% 109% .1946 19% 9% 9% ' 19 55 105 fl05%" 1107- 10 5,000 '19% $106%,107% .1966 ,|4'Leonard Tlctz 7%S— ,i„—— liong Island 1-tg 0s. — I-ouisiana Pow A Lt 5s—..... 18% 9% 34)000 11%- 12% 10% 12 128% 104% 108% 35 69%. 126,000 12% ■ -109% 123 109% 112% 110% 131 Lake Superior Dist Pow {Associated Gas A E)e tr|i Co— ^ ♦Conv deb 4 %s.1918 ♦Gonv 60% 109 103 1 Assoc TAT deb 5%s A. 42 104% 109% K 106% 110% 5,000 UH-% 106%1 45,000 107% •107 1956 Associated Elec 4 4s..,.. Jau Aug . Indiana Hydro Elec 5s Bonds of Prices Low 1970 Am Pow A Lt deb Jan Aug dcb5%s s f • 1 ...1941 6s stamped. .1948 1947 25 « Radiator A Mfg— Mengel Co conv 4%s_. sue 45% 29% - 1950 .....1960w., .- 5s without warrants.. Fpr fo« Cuutci- 68 17% 1938 1 Houston Lt A Pr 3%s..,.. Sept 21 Oct Week's Range . ,,.-..1968 : Jan % Sept 104% June 108% Jan O00 58 % 22.000 " 1916 1st A ref 4%s._ 8 % 82 6 , Sales 1956 Dec H' Dec 4% 107% 110 101 106% 1935 ♦Hamburg Electric 7s.., ♦Hamburg El Underground Oct 85% 22 4,000 .1951 1st A ref 5s 3%s 1 Cn.._10 89% H Feb . .Jm Exchange Sale .... Jan 3% Tonopah-Bel.iiont Dev. 100 Trans Feb 58% 200 4>% - 1% 1% j._ 2%S8 f debs.. %" 88% 75% A Jan Tonopall Ml J.ig of Nev.l 80% 16,000 Aug 3% 200 Last N%v 101 6% pref 10c 3% 1st lien A ref 5s Arkansas Pr A Lt5s., preferred....... 100 23 34,000 109 •f Jan .90, . 1108% 111 {♦Guardian Investors 5s......... 1948 Jan Sept 25 „ 7- -6% BONDS Apr % July 95 85% 85 1,000 Mar Friday Mar Dec . 81% *15 ?% 100 1% % 12 New York Curb 3% Mar bl 85 85 ...1950 ♦7s series E 19% Dec 3 05 3 8,000 stpd 4% 1% 88% 72 July 300 '&% 65 99% 102% {International Power Sec— •6%s series C 1955 0%s (Dec 1 1941 coupon)..,.. 1965 114% os.l "2060 21,000 18 13 Wright Hargreaves Ltd..* Dec 43 Shipyards Corp...* 78 42 10% Petroleum^..,! 2% May * Am dep rets def reg 9°% 77 17% Jan 5% Amer dep rets.5s 2% Nov 46% Sept 38% Oct Jan 37%, Mar Tobacco Sec Tr Co Ltd— Todd 99% .39% June 15% June v 89% 62 158% 1978 75 42 s- 2% Nov 19 1% Exports..* Prod 98% 103% 1948 — — . ♦Hungarian Ital Bk 7%S Amer Writing Paper 6s. Tobacco A Allied Stocks.. 90% 103 4,000 .1958 ,15 Apr July 5% July 7i« July May >i« 2,000 Guantanamo A West 6s Aug 1% Tidhmuii Realty A Constr* 103% 25.000 1.000 Jan Feb 4 1950 ,3.00ft 86% 98% 102% 103% "1*666 4% 17% 100 99% 101% 100% 79% 97% 60 Dec 20 4% 4% 1 KK1 102 1% Dec 12% 100 48 107% 101% 106% 69 5 40 64 45 64,000 102 Jan 1,400 100 104 105% Green Mountain Power 3%s......l963 July 2,u00 2% 5,(KM) 105- 103 69 5% Dec Nov com....5 105% 39 .1945 5% Jan 100 2% Land Co...2 Tnew Shovel Co 100 1,000 Gr Nor Pow 5s Jan July 8 7% 100 8,000 28 Grocery Store Prod 6s__„_. Dec Jan July 1st Afef 5s...-- Tampa Electric Co coin..* Technicolor Inc common.* 110% Jan 3% % % 107 Dec Jan Woolworth (F W) Ltd— 1 3,000 % «4%- Woodley Sept 10% 9(10 107% % ' 4% Sept 10% 8% 14% .. 97% 103% 106 Jan 1st 5s....(. 2% 19.% 90% 78 % 7 % 6% 5% 2.% 77 119% 126 Fob Dec Dec 9% 2% 10. 20,000 s,666 1Q5 10 07% ^1950 102 - Price Corp com_._:..l f Dec 2% Alabama Power Co— Taggart 74,000 86% ' 92 103% 1953 ..1965 Feb 900 Suiierior Port Ceme.it— • 90% 28 86% „.r. 3% Dec ..* Swan Finch Oil Corp...15 1941 Grand Trunk West 4s....... 4% Dec Class B common 85% 101% 101?- ^.1953 (ilen Alden Coal 4s. Wolverine Tube com ___,2 41 22% .. 8ept Jan 9% 300 . Sept Jan 8% 2,300 lot) S. .. . 9 5% loo 2% 44% 34% .. 93 Dec Jan 11 .1954 Dec 1% 1,500 2% 5% 69% 103% Sept 4 V loo 9% 9% 1 50 12% 8% 7% pf 100 De: % 12% 3% 63% 98% 53% 22 General Public Service 5s...'. Sept Wolverine Portl Cement 10 Dec .1 86 100 >ie 200 2 2% .__.,* 4% 200 6,000 17,000 167 Oatineau Power 3%s A..........I960 Jan July Aug % >%• 1 % 3 2% lnc...,l Products 7 x36 900 66 % 112.3% 194% 104% 104% 1961 stamped Gary Electric A Gas— j 5s ex-warr stani i»ed........ Nov 13% 5% Dec 2% 5% 91% ;. 1953 ..'.1967 r—J Banks 6s-5s Nov 114 8% common..* Sterclil Bros Stnres * 6% 1st preferred.....50 6% 2d preferred 20 86% Dec ' 12 Wichita River Oil Corp. 10 Oct »i8 93% 63 % Williams Oil-O-Mat fit..* Dec 106 Jan 11% Apr !'■ 4% Williams (R C) A Co...,* Dec Stein (A) ft Co series A 5 Dec 101 ^Jan 11 Aug 3 Weyenberg Shoe Mfg. 1 % 9% May >32 July Wisconsin P A 1/ 5% 4% 1,100 10 12% Steel Co 0/ Canada......* Prod.l - ..* 20 , Coal 89.000 92 100% 101% 92 1952 Lighting 5s A St Ry Dec % 1 % 22 , - Common.): 105% 111 122% 128% $12-5% 126 Federal Water Service 5%s...__..1954 Western Tablet A Station'y •" 10,000 Finland Residential Mtge Jan 5% 80% " Dec "106 com...20 Dec 44 4% 6 %s Maryland Ry— I32 "800 24,000 1956 Jan 49 ..95% June 4% ■ 9,000 107% 197% 102% 103 Jan Jan % 1,600 ,5 Westmoreland Inc. Grocer 107% 112% ..... Jan % ' Dec 13% MHy , 5% Inc..I 800 16 B.i...li (The) Corp v t c.l' Standard Tube cl ■" 800 West Texas Utll $6 pref. Western 98% 105 117 131% July 3 Dec 83 ,.1.25 2% 18 5% 91 % 10,000 109% 109% 1956 j.2030 Aug 1% 200 1 4s...!. % 30% Co., 600 0 90% 91 f ♦Ercolc Marllli Elec Mfg— Jan July 79 102% 100% 1% 75 6,000 9% 93 79 109% 1955 83% Aug Dec Wayne K .ittl ig Milis...5 Apr i|« May 14% % 17% Jan 1% % 10 1 i ig Co., 14% 132 $116% .1951 Dec 50 7% June 7% 1st preferred.,..100 Standard Steel Spri ig...5 1% ' * Class B Walxer Mi 20% f 1976 T♦Gesfrucl 6s Dec 225 5 10 11,400 88 8%- 83% 24,000 83% Dec 9 , 8% 1,000 84% 161,000 82- *. Empire District El OS Oct Sept extended.,..,...* Dec 10% 110 1 95% 103% ....I960 Jan 29% preferred-.....-1U0 9% 110 >4 t 49 86% 100% 90% 101% 87 87 -82% 82% 31 2,000 99% 100% 82% •General Rayon 6s A. West Va Coal A Coke 1,700 98 81,000 1.000 30 °8 99% 1 Doc Waitt & Bond class A.-..* Dec 14 Feb 11% 43% General Wat Wks A Elcc 5s......1943 Wentworth Mfg 13)4 40% 43 30% 100% 99% ............1971 Eastern Gas A Fuel Wagner Baki ig— 7% % 14 03 88% Continental Gas A Elec 6s..1958. Jan Nov 1% 2,000 15,000 Gen mtge 4%s.,. W Nov July 10% 99% 9 .05%,: 96% 10.3 103% Electric Power A Light 54..,.!. Elmira Water Lt A RR 5s Feb 4% 88 7% pref. 100 88% 6% 6% 88 Jan 22% 35% 4 4% Petroleum... 1 Waco Aircraft Co—....* July 250 41,000 99% Georgia Power A Light 5a._.. Jun 165 4% 600 9% -09% General Public Utilities 6%s A 0% 3% 9% Consolidated Gas (Bait City)— 1% ; Jan -5% 200 VogtManufacturi ig Vuitee Aircraft Co..!...l 26% 14 "9% 59,000 5% 900 -3% 88 96% 1st ref .mtge 2%s series Q. Oct Sept % '50 62 . 73% 69% 103% 107% Oct 15% >•/• Oct 200 29% Jan 2% % 22,000 "0% 100,000 2,000 19,000 11% lot 93% Cudahy Packing 3%s. % 10 2% ..5 Va Feb 85 i. 85% 104 Cuban Tobacco 5..1944 100 22% Jan - 80 90% 94 Florida Power Co 4s series CI960 Pub Serv 85 5%s.......'.1952 Jan L>ec 2% 5 ! Dec 106 30,000 Jan 29% Sept 101 8.3% 1st ref mtge 3s series P. ,Jan 14% H 7% 31% 100 13 »n 103% 100% 105 82- 3%s series N.. ^.61%-; Jan ;• 0,000 82 Florida Power A Light 5s. Feb ,Ji« 14 % -' 100 "24O00 1969 Consol Gas El Lt A Pr (BiRt)— July July 8% June Dec Ui8 lis June Equities com..10c $5.50 priority stock...1 5 14 Aug 13% 6% 27% "Aug 1S16 Utah Radio Products....1 20 , ,47 j 6 -Dec 53% Utility 25 'is Sunray Oil "52% Universal Products Co...* 5% % Sept. 63% 1958 5%s_.:. .......1949 Community Pr A Lt 5s. j,J. 1957 .Connecticut Lt A Pr..78 A..—..1.1951 "is Jap 5% - Mar "• 105% 114% 106% 115 149 158 77 - 6„ - Dec •.2% Dec .2,300 3% - Utah Pow & Lt $7 pref..* 2.600 5 13 10 —— 3% 3% 22% Dec Dec 1% Cn..l — 43 J 00 Universal Pictures com__l 27% 27% Standard Silver Leid....l Sun Ray Drug Co. Dec Sept 45% 360 :! •7 8 26% 24% 100 —..* —..* (o) Cj Sullivan Macnl lery 43% % 8% Ve lezuelan 600 (CJhio)— Strooca 42% 2,225 c—.1 1% Stl mes (Hago) 56 V Feb 300 Standard Power & Light. 1 Stetson (J B) 53% 2% 46% conv Inc 55% Paper......J2 149% 28% 25 6% " 3% "Deo Fel) % 28 .'...!... Debenture 5s Aug 2% Nov % ^- 3% May 38 Common. Sterling C>nv deb 5s.....—— ..1950 Cities Service PAL Valspar Corp com...... $4 conv preferred..,. 1 Sterling Brewers Inc Cities Service 5s-.1966 Sept 1%. Dec JiiU Standard Dredgl .g Corp unn Sept 80 3% Jan 2% Sept 43% Aug 23 "32% Standard Cap A Seal com 1 Sterling Alamt 27% Apr * July 1 % 1% Spencer Shoe Corp—.. Products June 100 105% 127H $101H 102% 101% 102% 102% 103% 87. 29% _ 1st $7 conv pref Sugar 1,000 "99% Iliic 16% Jan Utah-Idaho 15.3 Jan Mar s >33 -'Deo ^ -. 2,300 Jan Erie Jan' ""*200 ..... rftahl-Meyer l ie .....* Standard Brewing Co.--* Preferred.... f 153 5'm-:............... .1954 5%s.:"..!!..1953 {♦Chicago Rys is Otis,.,,**.—-11027 Cincinnati St Ry 5%s A-.i,--—1952 6s series B ,.1955 Central States PAL Nov ^ %8 Dec % Universal Corp v t Dec 600 2% 89 70 Class B Sept "in '% Starrctt ^ 153 ..1964 3%8..i Elec 5s........ 1 —1948 Ce nteal States Jan Sept 2% "2" * Common class B__ 11)00 Universal Cooler class A 2% 104 2% 2 2 Central 111 El A'Gas 22 U S United Wall' Jan Aut 159% >«1<S 2 % Bros—1 Standard U S Plywood— ....1942 Canadian Pacific Ry 6s Sept t vwlie ."Dec warr.—* $5 1st pref with .1053 Canada Northern Power 5s Jan >18 >i8 Mar ■! >w United Stores common.50c 102% June Gas.....* 5% preferred...... *100 123 U S and Int'l Securities. Jan 23% 6% 10 preferred.20 Standard 0)1 (Ky)--.lO Feb ...5 Radiator com.. 1 .U S Rubber Reclaiming..* Jan Dec 1 27 % 5 Standard Oil U S Graphite common Aug Apr % ...25 Southland Royalty Co...5 $1.60 •% 19% 18% $1.50 conv pref,.—-20 Dec 92 Preferred A._; — 106% 1,000 Jan -8.% J 3,7 Ot) % % 18% 1 Universal Insurance Co. 10 preferred —— >ir 7 Oct 1 % June 142 Tel... 100 Spalding (A u) A 1st preferred. -. '7 Nov lit Jan >18 ■ • % 80 com. Jan 13 -.100 Southern Union 115%. 116% 6,800 .300 % Deo >268 5%'" Dec % .3,000 114 Nov 61 - 113% 114 114 1970 1954 Broad Itlver Power 5s..,.. ' Specialties % 84 Dec 1% 5% orlgi lal preferred.25 6% preferred B—...25 5 %% pref series C...25 Soutliern CJb Pow cl A.26 7% preferred Aug 112 114 1968 Birmingham Elec 4%s Boston Edison 2%s Debenture 5s % Edison— Southern Pipe Line..... 116 ,...25 Preferred.. United Jan 7 115% 8% Feb 19 Smith (H) Paper Southern Phosphate Deo June '113% 112% ... . 4 Dec Skinner Organ......... ^Soutn New E igl Sept Elcc CO— 11 Dec 9 % " Mills...* Solar Aircraft Co... 1 Solar Mfg Co.. 1 Soaotone Cjrp.---------1 Hose Mfg common.......1 South Coast Corp com..] South Pe in Oil —25 Southwest Pa Pipe Ll.ie.10 10% 14% U S Stores common._,.50c * Simmons-Boardiran Pub— $3 conv preferred Simplicity Pattern coin..1 Simpson's Ltd B stocks..* Singer Mfg Co... 100 ginger Mfg Co Ltd— Amer dep rets ord reg.£l Sioux City G A E 7% pf 100 Conv Apr Nov Dec Dec Apr : % ...."....1957 ....I960 1998 5s series C.... % f ....1950 ..,.. Bethlehem Steel 6s Nov U S Foil Co class B Dec Jail 108% 6 % Silex Co common Southern Calif Jan July Mar 7% "750 "68 "63" 66 % 50 2% - Jan Apr -»9 .•'.7.'' 7- United Shoe Mach com.25 50 4% i 9 3% 60% ord reg.. United N J RR & Canal 100 United Profit Sharing.25o Dec % 1 % Dec Dec 10% preferred.... —-10 3 Nov 5% \ .100 Am dep rets Nov Dec 37% 300 7% .,14 - lis 38 200 5% — 1st 5s series B United Molasses Ltd— 1% 1,000 :. 14 United IVfilk Products...* $3 part 10 preferred ,...* Oct 1,300 42 % '1941;: Bell Telephone of Canada— Jan : 800 $6 1st preferred..—...* Aug Sept " 1 Common 7%. 14 7% preferred....... 100 United Lt & Pow com A..* Common class B...'!..* i Industries Inc— $6.50 prior stock Allotment certificates % Dec 'is 200 United Gas A Oct 41 June Option warrants.. Mar Jan 4% 5% * 1st $7 pref non-voting..* Jan Jan Feb Dec 500 7 Deo 2 United Gas Corp com__.l jan 115 3 United Corp warrants...,. Jan Jau 1,100 *2% 3% 8 % 3% Selby Shoe Co $3 cum A part pref Jan 22 400 Un Clgar-Whelan Sts_„10c Jan 14% 1% 1,300 % 6% 2% Investment com..* United Aircraft Prod.,__l July Dec Dec 36 Inc * 700 2% 5.4 4% United Chemicals com..,* Jan >1# 1 Segal Lock A Hardware..1 Selberllng Rubber com.. ' Selected Nov 6% 1,700 — Range for Year ' High B Un Stk Yds of Omaha!. lOu Jan % 200 8% 8% com.....* Scullln Steel Co 115% Dec 63% ••• 2% United Elastic Corp.....* "u 29% Scranton Swiag Union Sept Dec Mar 16% Brook— Sen ice SO pref— % Dec 8 19% 114 $6 pref—. Scranton Elec 15 Nov % 800 % 8% % 1 Sept % June Sept 28 Jan Dec % 8% 1,800 Log) Jan 7% Baldwin Locomotive Works— Union Gas of Canada. Nov 3% Dec - - Schlff Co common....r. 2% 121 Nov 20 , Savoy Oil Co. Price V W :ms :: 1% U July 10 Oct 2 2,4()0 3 Mi " 2% % Sanford Mills July 1.% Dec 70 Feb 10 Corpcom.l * Samson Urited 1% May 1 Corp Ltd. Class A $2 oonv pref. .60 common..6 — .100 Week Convertible 6s. Lawrence 7% preferred of Prices {Continued}, High Dec 1% preferred.!...* Udyllte Corp.... ,1 Unexcelled Mfg Co.....10 8t Regis Paper for Sale Range far Year 1941 -, ■V9 St TFcrt's Range BONDS ■Week „ com.l Ryerson A Haynes for of Prices - 4% Dec Apr Dec Dec 2% Ryan Week's Range Sale High Low Shares La it Par Sales Friday STOCKS (Concluded) RanOefor Year 1941 iu 2% Fifth Ave RUsseks Sales Friday Sales ""Tidan 80% 98% 80% 98% 81% 98% •! . 90 Volurrie THE COMMERCIAL & FINANCIAL CHRONICLE *Number 4032*> V*.';v- 155 ,4; -r._i, ' • NEW YORK CURB EXCHANGE *tv>. Friday Sales Friday - Last" ' ' ' f1 * , '' '*• iConWiued) • b >•1' Week''* Range Sale •' ^ bonds, 'r of Prices 4s serlea/i-i;. by. . :>y -1965 „. 106% 1.000 106% 110% "Milwaukee Gas Eight 4 %s... • ' v.,,' ■' . •* * p»- • 1967 ..— >• '»w •• ' 4K 102% 103% 103% 36,000 I 103% 103 5,000 Mississippi Pow A Et 5s—. 1957 103% 103% 10 000 Mississippi Rivet- Power'1st 5s 1961 MIsBourl Pub Serv 5?-1060 t'0% 110% : 103 103 4.000 Mlrmes-rta "Power & Light 4%8_u.:1978 5v-;- 1107 .—1955 — 103 • 2,000 . 105% 1st & ref 5s > ' 105% 108% 102% 106% 9,0(H) 105% 109% 2,000 104 107 > 105% 109 'U-. 136 186% 1949 100 '100% 3 4,(KM) 96 98 90 23,000 97 1st & ref 4%»aer 09 1952 1131/ Deb 6sseries A...............1973 IJcah Power,& Eight Cn— ' i 1st, lifet & gen 4%s.....L......19,4 116 100% 1941 116% 100% 101 10!) 6,000 " 111 121 5,000 83% 101 1,000 97 102 95 . 109 100 105 97 Panne for Year Low 104 I960 for Week of Prices High 1 Price United Eight & Rys (Me)-n6a series A e .,. 1, „ , > C. ser Sale (Concluded) ' 1941 48,000 ' BONDS '" 6% perpetual certificates .J...:. 100% 107% 102 106"" Ji'; 1969 L._ Puget Sound P AT E 5%s. ' 1st & ref _ Public Service of New Jersey— 60% Sales iFccFt Rnna Last Range "for Year. High 106% 107% 104% 105 106 106% 107% 1949 Pub Rerv of Indiana 4s.. 104 98 ; . 196"» 8 f deb 1,000 58 000 Week Low Price . for of Prices . • -1;, mtge3%s. 1st 1 99% fi'% 99% 57% P9% 6'% ; — Public Hervice Co of Colo— 105% 109% 8,000 -■f Middle State* Pet 6 %*;>..w...;i-1945 Midland Valley RR 5s-*.1943 ,^'fv. ,(Continued) '107% 107 l o7 lPreit'a Range Sale 1941 IVj),', Sales Last ■ for Year Htoh Ed.4sEU—j.:;'; J—.ei,—- '106% Metropolitan k- Range fori Week ' tow Price 183 1. 1950 99 8,000 140- 17,000 162 51 Deb 6s series {93 A..^.i...Ui-.-.2022 99% ,94% 102% l^' A' ' 112% 109 'u-, , ;va Pub. Service 5%$ A.1046 Est ref 5s series B, 19.50 ■.i , 96% 104 v 101%. 101% 102% 102% • 1 "" ' 1 Debs f 6s. * .1916 99% 1,000 100 1.000 100 1,000 99 • 99% 102% 103% 102 Queens Biro Gas & Elec—v i-.5%sseries A...........1952 Stirfoik ttfc Nassau & 5s.^:^kfJ946 100 Et 5« B--:-~2a3o {♦National Pub «erv 5s ctfs 197.3 Nebraska Power 4 %s 6sseries A—r , _ - * - - ... - New England,Pow 3%s—L—-el—1961 ' 1 86 *" 114% 124 87 1 3^s:>jkti^l.l964 69% Safe Harbor Water 4 %».. 50 09 % 9an 106 109% .81% 100% 105% 1115 114 . 107% .115% , 1.000 5,000 56% 12,000 ,107% 108% 3,000 j;.. 54 —.11069 107 J——.,—1945 Southwestern Gas & El —. 1,000 107 106 35.000 106 23.000 103 107% 106 -.1948 ..1948 Debenture 6s Dec 6s gold Jebs.. 105% 106% 14,000 105 109 1 -4,000 102 106% Stinnes 103 - _ Standard Pow & Lt 6s..ij,™ 146) 1977 'lOi'4 186 24.000 34 4E066 103% 101% 1971 'iom 104% 105 101)00 106% 106% 107 3,000 —-T'-W 195 Penn Pub Serv 6s C 5s series - 1) 1105 3%*.........................1970 Pldla Etec Pow Phtla 106 5Ha.1972 ^♦Piedmont "S'ooo 106% 109% 1105% 109 114% 114% Rarid Tra tit 0s_—— —1)62 1,000 100% 106% 5s stamped 105% 105% , extetided.........-^1950 Potomac Edison 5a E 100 92% 68 35,000 6)% 92% 92% 30,000 0) 2,000 68% 32% 56% 50 1,000 69 75% 0% "100% 107% 29,000 105% 107 107% 118% 99% 110% 107% 107% ...1968 Twin City Rap Tr 5%s...._. ' u 70 1962 - High 28 21% Jan 28% 22% Jari 28 % Sept Sejnt 6% Nov 20% ,Jan 6 % A pr 11% Oct 6% Nov 27 Jan Feb 22 Feb {8 22 "35" 35 20 97 May 73 25 Mar 5 1,090 _30" 26" { Dfin 68 35 1955 Sept July Mfty 34% Oct Danzig Port A Waterwavs ♦Extl 0s stpd-i'-U-1853 {1 Jan Dec 27 Jan Dec 27 Jan 6% Dec 27 Jan 6 % ;*4ecured69.... 1947 4|*Ha.icver (City) 7s.. 1939 ♦j * Ha oover (Prov) 6%s.'49 L 7 5% 6 ^♦German Con Mun 7s.'47 105 26% 6,000 Dec 16 May 17*630 96 69% 100% -08% With 71% 47,000 10% 112% 112% ..1949 7 - 2,090 1st f 68 8 i. { ' eon-<. Un Lt;A Rya I ,>59 . No tnr voidis t U 1 lsr-ttie rule sale, B »1 r 101% 101% "v t c," voting trasc oertltloit04' 1,000 36,000 103 108% without warrants, - 93% 102% ! 40 Mar June 43% June Dee 20 V, o.it Mar 15% 2% 2% Sept 14% Nov 15 6% 7,090 63,000 i % 7>» May 13,000 h» June 8% Jan Oct Oct ) t i-t ivs ite. « -V-Ji,'.;' f." , ci'tttliO'G *Vf " "couv," c >u/ertlb e; t • > nit' "O li," 0 mull >' v •' f :• "fl-v,' n mt< tro wnsumiil I'T-E .'V 'w 1," f Traling 3i9,n8nded effective Due. faoanese bonds. Feb 42% i'i: 85 <00 30% 2,00) N Malei Ddu{ tr mane I i tfl U c lrre it wenk {iota—"oni," , Nov , 88 'c im." en a native 15% 1 . Rej >rte l In rscelversuto. Ui-ul Feb lqtj,wy ,«.vv . 4; tat4%it Coh s Oe t Et -pvi 1» 11 G '» m< tri h I (Ut tvrem'Dn Dee Doc 9% 11% 1% 11 VKilp.ucu, a Apr 27 % ..... tit% I uu . . 27% '23% j 13 10% 13,000 98% Sept Mar 22% 28 23 15 wlTWh 31,000 ioo"" .1952 a-n-e'•fe- Sept 11 % 5% "10,000 100% 101 100% 101% 100% 190% .1974 15% Mar ...... 103% 103% Debenture 6s..2 '.1975 1st lien & n • 30 United Light A Power Co— Nov Aug 7 U deelaratio .{ Fri lly's ot 1 25 30% . 14 : - ; 118% 10% 20 ; .1945 ^ * 11% 114 •♦United El Service 7s....U.i-- .1955 |»(Jjited industrial6%s........ .1941 8% 13 5,0.90 {15 ♦Parana (State) 7s...1958 ♦Rio de Janeiro 6 %i-.135.) *3a uiito 7<j 10 Feb 6.090 {U% ♦Rissian Govt 6%s.,.E)l9 ♦5 1921 10 .3,090 9% {25 ♦Mtge Bk of Chile 6s„ 1931 106% 109% * 6 X 11 9% Mtge Bk of Denmark 5s '72 l.ono 115,000 74% lt ♦issue of May 1927... ♦Issue of Oct 1927.... 121% • 6 Mtge Bk of Bogota 7s_1947 106% 108% 118 1958 1)58 7s ♦Me.'lellin 7s stamped.1951 107% t- }*lTlen & Co—,". ; Conv 6s 4th'stpd-_;riv..v.r--: .1950 82 % 26 L'rw 28 {25 {25 59...-.'1953 ♦Mara <hao 105 105% ...1456 ........L'.u—.2022 Tide Water Power 5a..... . S 1979 '."Debenture 0 100 100% Range for Year 1941 % With declaration.;... 25% 13 99% 67 Week High 1962 Danldi 5%s..... Ext •17 66 for Range of Prices 1918 *6s setk'S A... 02% 5% 1 160 1' 10,000 79% 69% 64 *8"666 ^♦Cent Bk of German RtaT i. A Prov Banks 6s B. 1951 - 5,000 Week's 1947 ♦Catica Valley 7s. 02% 19,000 74% Low Price * ♦20-year 7s.._.Jan 29H 106% 110% 108 m 112% 75 59 7,000 1.000 63 f♦Baden 7s.1951 Bogota (see Mtge Bank of s 18% .-1947 Agricultural Mtge Bk (Col) if ♦20-ye8r 7s Apr 1916 92% 40 j 115-« 98% 3,000 101 75% 69 69% _,15* ,{10 Texas Power & Lt 5a......V 102% 106 93% 100% 80 74% :1937 Sale Tietz (i.)—see Eeonard 2;000 109% 109% 109% 101" 19,000 '{io% "is"' Toledo Edison 3 %s 6,000 97% 95% 109' 4Hnseries 196! Potrero Rugar 7s statuped..^...-'. 19s7 l ower Corp (Can) 4 46s 14........ 1959 t•Prussian Electrio fl3-.y.—..--i:195t 40% 61.0(H) 29,000 ....1953 109% 26% 60 {70% 03 -1944 . ' ♦Terni Hydro El 6 %s ^ ....11955 '■ 1946 . . . Uni.ed Elec N J 4 97% 94 111% 34% . Texas Elec Service 5s.*. 109% 105% 110% 6 95% 16,000 75 18 18% "i 67 '" 63 " .1941 .. Last Bonds (City) Peru— •6 %s stamoed 104 12% phM.940' 101 74 —-1946 6s aeries A. 104% HO Portland Gas & Coke Co—'.".;,'-:;: "."♦5s stam pe.l i Friday ,106% 110% 1,000 .1953 Elec 6a.—— . . . . Lima 103% 106% 107% 108% 114% 119 Foreign Governments & Municipalities 106% 101% 25% 38 i eooT)i.tO0 Hydro El 6 Mia....... I960 ^♦Pomeranian 4,000 74% 74 1950 (Hugo) Ccrp— 103 106 106 106 108 44 Pennsylvania Wat & Pow 3%8——196 . . 8tam ned 5s..........; • 95 10 4 1462 -—........ • 101 1101% 103 97% 99% 99 1104% 105 5a aeries H........ „ 109 106% 50%- 61 105% 109 % 3,000 76 75% 74% Certificates of deposit— Penn Electric 4s F ned.... i:. 99 6.000 "••) 7-4s 3d atam{>edi.•... . tstvn ||*Ycrk Rys Co 5s stpd...... * 105% 99% 106% 44,000 -76 76 i " -.195? 7-4S 2 1956 105 101 104 76 7 74% 1966 ♦Starrett Corp Inc 5s 103 9,000j 1,000 4,000 . 103 54 •• 75% ..-i—...j.... -.1957 103 Penn Cent E & P 4%h... 93 •1,000 111% 106'ii Pacific Ets A Pow 5s.—........1942 - 74 75 -.Debenture 63-:..v'44..a-;-^v'-- -1)51 113% liO 105% 110% 96 • 6a (Stamped) 1955 101H Oklahoma Power & Water 5s....'.Us8 Park Lexington 3s... 85 106% 106% {105% 109% 42% 44 , -.1989 106% 107% 104% 105% 109% 109% Pacific Pow A Etg 5<. 3-EOOO 100 52 3%s._.. r.1970 Spalding (A G) 109^ :a» 3%s 14 96% Standard Gas & Electric— 103 U — 84 105% 109% -1 1962 Oklahoma Na'ural 54 Southwestern PoW & Lt 63;..... ..2022 3%s' ...'.1.108 _—..........1971 Ohio Power 1st mtge . 52 87% 13,000 1104% 107 101% 102% 102 Southern Indiana Rys 4s.J..... ..1951 64% 49% 110 v.ooo 20 76% 101% 102 . 1st mine 3a. 87% -.1971 ... Conv 6a (-it-trnped) Ohio Public Rervi-e 4s 8 36% {102% 105 103% 105% 104% 104% 5% 108 * 138% 21,000 92% 92% 100 ..:l')06 ; "1 92% -.1957 Southern Calif Edison 3s. O Ogden Gas 1st 5a 131 11 6s -stam pod 106% 109% 1,000 ,i . Scu Carolina Pow 101% 103% 104 Vi 1947 r—1948 ...: 86 3%a.'ij.._.. ..■1970 -/"u Southern Counties Gas (Calif)— 102^ .108% 108% 1956 1% • . Elec 5<.ll... y Nortliern Ind Public Service-— 1st 3?4s series A 13,000 , -W1967 Shawlnlgan WAP 4%s 1st 4%s series D..^.._c. -.1970 Sheridan Wyo Coal 63...4.i... -.1947 Nortb American Eight A Power— Nor Co-t'l Utll 5%s._i 130 150% ' ; 52 80% 81% Southern Calif Gas 45 32 110% 130 ..1951 107% 111% 103 109 —1051 : Sculliu Steel Inc 1st mtge 33..:..a.... 5 %s series A——-—........ i ..1979 ..1952 ♦Schulte Real Est 63..... 97% 1109v115 6%8——-------rl953 Nerth B jeton 1 tg Prop 3%b ..... Joaquin L & P 6s H ♦Saxon Pub Work8 6s-._.'__._. .-'1937 85-100 in .1,951 2 9,000 115% 115% 6s 56% to'ooo V .2030 69% 56% 4,000 16% J...In! 3%s... Western Newspaper Union— 13,1)00 103% 104 14 West Pe 55.000 15,OOP • 2% 2% {103 %"I10% 107% 107% 107% 107% Wash Ry A Elec 4s:..... Wishi igton Water Power 28% 8% •S 33,000 83% 1 j f ,#5a Income deb....i.L'ii.i.i. .1951 99% 1104% 4;tvl351 Debenture Nippon El Pew W West Penn Traction 5s............. .I960 1i*lluhrOas Crtrp 6 %s.l. .1953 1i*Ruhr He using 6%8.-...;.^i--i-'t958 : ■ * 121% ' N Y A Westchester Etg 4s_.-..-;.20U: v>** 90% Wnllorf-Astoria Hotel—; '112". 107 v87% 81% 80' 70% ; 114 58,000 ' ' : ♦Income6SaeriesA—i——1949 NT-State E A G 1.000 62% 61% , 6,000 26 ;.*4 New Orleans Public 'b-rvlce— "• • 5^sJr.l-i.U.----'-4954 14,000 58% 63 1106% 109 ""832< "New England Pow Assn 5s....—19-18 : 58 58 58% "0Debenture 57% '58% • - Conv deb 80 "99% 102% 14 01% 118% 1110 ' - 91 91 70% 105% 109 119 •119 _ NeW Engknd Gas-AEl AtomfiSiU j.1947 5s —■ :J A ..V L -41948 K ■ 2,000 ; 114% L8 110% 110% J—r —1981 ..iV—';.2022 Nevada-Cal'for* la Elec 5»_a i 105.G New Amsterdam Gas 5s—I——- —194S - tot); 100 • 1107 i 109 National Pow A, 80 'v a u v ni 14 -dock vltn v " % w," Italian, and virrntv in all isuues or German, 11 f - OTHER STOCK EXCHANGES t -;%;Uil:Bailiniore" iSlock-i Exchaiig^/vi^ •;/ Sale Stocks, (CoW eluded) - for of Prices Jan; 3 to Jan. 9, both inclusiv«, compiled from official sales lists Last ll'eeA-'s Hame sale Par Stocks- of Prices Price Low Low High Arundel C< rp_i.„;. 14% Bait Tra' rlt Co com v t c.♦ 15% 12 Dec 25c 85e 50c ,- 4 5% . 51 Dec 193 103 4% preferred C.....109 Davlsort C mm Co corn.-.l EoStn Sugar Assoc com vtc Preferred ; ■ ■ 10 12% 48 1.00 Finance Co of 30 30% HoustonDil >ref.-..--100 Md APaRR c >m 22.% £1% 1.50 • -.100 — K erch & A* in Transp 50c May Jan 35c ' 1.50 24 1.09 Oot 42% Feb 15% Feb 25 Jan 15 Feb 2.2^ Feb, 2.65 73.. 70 k...--'-30 New Amsterdam Cisuslty? Pa Water A Power com..4 48 48 ' 47% 16% 35% 20% elia > A 5s 31% Jan 33% M r Dec Dec Njv 1,75 Apr 29% 1 —.. 2: flat.,........1975 53 + "f" GaRou A Fin 5,'1 9-..19'5 .58 , .08 ■fl'JO 35,500 13.500 . ,20% Sept Mar 57 ■ to 91 47% Dec Sept 40 Jan 56% Sept 63% Dee 73 -V Nov Cum Sale Stocks— of Prices Price Pa „ Tel—.100 Low Albany.,. — Boston Elevated... Boston Herald — .25 J. .100' 23% - 44 t 76 % Traveller.* 15 109 Jan 69 Dec 20 % Deo Dec 4,619 45%14 543 - - 85 40% 12% 60 % Rig' ts (i-<sued) i—2.50 29 i Prior preferred.—, — .100 "."(">%• Class A 1st pref stpd. 100 ( 100 lass B 1st pref std.. 100 365 """2"" Class D 1st pref stpd. 103 see page 1 % 5% 6% 1 V% 2 2% Boston Pers Pro*) Trusts.. * For footnotes , 1*%? 9 186. x 1% , .12 . 2 2% 10 20 . 40 345 jail 41% Jan Aug M ay 19 - Feb ' Jan 16 21 )21% -» ' 8% .Tan 29% 2% 28% .30 48.5 20% Dec Aug 2% 2% 500 Apr 3 % Jan (Del).,—3 3% 3% 7% 15% 11% 4% 1,800 2% Anr 7% 50 7 Dec 5% 10% May 15 % 500 15 Dec 10% Aor 11% 150 10 Jan 12% Aug 3% '3% 50 2% 39% 5% 930 32% A or 900 5% Dec 8% Jan 475 52% Dpc 75% Aug Belden Mfg Co com. 19 Radio Corp.: * Beiuoiit 28% Oot Bennix Aviation 4% Oct Berghoff Brewing 25 , :•••••;• 4k? - 200 39 Feb 1% May Dec ' 12%- Feb 5c 1,200 165 .Aug 5c May May 129 6e 28,488 Dec 330 3,100 11c 193 11% 699 17%* Dec 15% 21% . 100 50c Oct 1 Feb 8 Dec 360 3% i 295 71% 3 '3 28 4 % Dec 23% Dec 59% June 55% 914 46% 43% 125 42% Dec Dec 25c 36c 4,735 10c Dec 31 101 % • 103f 7% 38 200 21% 38 i 7% 21% -- 98 Apr 45 6% "20 Dec $3,000 18% Jv ■ Dec 1 % 21% 2,550 13% 100 1% 250 1 Dec 2% Jan 7% 100 7 June 11% Aug 14% Bent —10 com-10 $6 pref.* Cent 111 Secur Corp com.;l Cent, S W Util com..—50e Prefem d..: ->* Jin ... Ja 1 Sept 46% July 52c Mar Coleman . *: Common..'..i.-.'.-i--* com.25 1,000 101% . Dee 10.5% Nov . upr — * Container Corpnf 9,'botb inclusive, compiled from official sales lists Sales Friday Last Sale 20% Jan 3% Dec 10% Aug Abbott Laboratories com .* 1 3% Aug Acme Steel Co common.25 1% Dec Dec Aug Advanced Alum Castings 5 1% Dec ."3% 8 Dec 13^ of Prices for Apr i- % 3%. July Aug Par Price Low - - RirnjeJoT Year 1941 Week . Low Shares High High " cl A25 M fg Co, - - *. 47% 570 49% 46% 42 J in *n J 11V be Nov % Doc 330 28 Dei 20 90 De- 112% May 4% 17% 10 Dec On 8% 21% Jan 100 3% 15% 150 9% De- 11 Jan 32,400 % Oct 1 Jail 27% Fel % 19% 1% 'bo 15,450 Jan 31% Juiy. Dec 10% Bept- 450 41% Dec 72% J in 2% 3% 1,100 2% Dec 6% July 37% Nuv 41 Dec 30 29 350 9 450 8 70 37 "5% 37 22% 23% 6,650 1% 23% 1% 5% 300 6% 20 5 878 4% 4% 13% 19% Feb 6% Mar % Dec 6% Dec 16% 4 127 Jdl 2% 11% 20 13% 19% July Deo Dec % Jan "'-J' July 25 10% Dec 23 % Jan 13% 14 180 10% Dei- 1 n< 12% 12 % 170 8% Dec 19% 15% Rent 99 ?( 96 9<r%6 :'":2:t0 80% Jai 08% Dec 1*1% 15% ' 15% 8% CohucoralG Deere A Co common.i.:—* ; 1 % 21% Dismond T M;,t Car com.2 8% Juft Dec 19 9 507 7% Dec 10% 4% 300 1% Apr 2 % Dec 22% 167 19% Feb 28% Sepv 9E 75 13 CXipt 11 Nov 15% 100 * Curtiss-Wright Corp com. 1 Jan 8% 8% 35 Jal Dodge Mfg Corp com T u% E Eiv Paber C Tn (T ie)..* 17% 10% 17% 250 Jan 10 * Jan 46% common..25 Dixie-VortexCocom 47 48% 3% Dec J in 97 " 23 ; Jan Feb 36% 21% Aug Aug 14% be l>ec 49- Nov 21 De,; 100 9% 95% Aug Jan 290 • 6% 23 Dec 51% -50 2 Dee De- 57% 30 Dee Jan 15 Dee 22% „ llec Se-'t 18 58% Feb 28,% 2 29 , - 50 46 43% 1% 22% A Hie J Prod »cts Corp A Hls-Cbalmers 48% 9% 4% Jan 20% 43 % 39 8% — com..:...30 ~~-:f % cumui jref.crl0u Cunningham D' Btores-2%, »r 300 70 29 Oontineritf,1 i teelcom.—-* Crane Co Oecker (Alf) A 49% Amer^ —-20 Cudahy Pack July 4% * Wiekfi Rang pf shs.op Common.,.^i— Dec 18% 200 16% 67 4% Consolidated Biscuit com.l O insoiM lied Gil Corp A 18 I,amp A Stoys— Com'wei Kh E lison 39% 135 17% "i% 16 650 13 7)8 40% Dec 11% 309 % Chrysler Corp common...5 Cities SetMce Go "om —.10 Apr June 5% 20 16 % 69% ; Jan 9% : 12% Chicago Vol Cab cap..—* 31 5% 19% 10% Cherry Burred Corp com.5 Chicago Corp common.-1 Converllblc preferred..* Dec 107 .. 2% 13 250 11 10% ~~5~H 97 78% 63% . 104% 104% 7% ,——.* Cent btatis tow A Lt pf.» C'-iain Belt Co com.—.-* Jan ■■ %4.1970 21% Prior lit n pref.:. Jau 8% 30% ... Cent 111 Pub Herv June 1% 11 5'it June 5 Cistle (A M) A Co 25% Jnte Rent 50 Class A preferred. ,;y-- * Bruno Co (E E) com.....5 Aug Jan 41 3% : June Dec 6 14% Butler Brothers— 45c De 3% K. 5% cum conv pref^4.-30 Campbell Wy A Can Fdy. * 19% 67 • Jan 14% 20% 13% 1% Jan Feb 100 63% : 2 Jan com.5 Warner Corn com—5 cap..* Brown Fence A Wire com; 1 Dec Elec 640 .. 63% ■ % Mfg Co cap, v-—-1 Brach A Sons (E J) Dec 1% 5% Apt 6% 283 9 80c 37% 5% B org Jan 30 Dec Dec 37% Bliss A Laughiiirlno July 52c 4% 53% .... 21 coin j:. .5 (Jnrp-1 Binks May 2%-Sent ?.? 0?4";'July 18% 42% 36c Jan 12c 99 % 2c 5%. 55 38 785 •67% Ry Co 199 Jan. Shot .5% 35% 20% Vot ti! ctfs part to 20% Dec Dec 8% "eelig M fg A-com 5 Bast.lv Bl°sai ig com;:;.. * Apr Chicago Stock Exchange 3 Jan 2 Aviition Corn May 4-. Jan. Aug Dec 22% 7 168% 20 May 1,125 26% EMass^t-R-V ser 4 4%s'48 168% May 109% Nov 97% Jan 34% Jan 50% Feb Jan Deo Dec 3% 200 May 1% * f .' " 04 2.000 5 29 80c pref.%2i-,iv..25 ' 117 Dec 20% 2 8% :■ United Shoe Much Corp.25 . 133% 26% 28% 4 " 3% larlow A Sept 8% 41 4% 101% 14% United Fruit Co.67% , 1,000 1,009 1,493 4% 127 73 20 21 200 - 25c 35c 36c RR-ii,—.50 Co....,.23 ass 4% 4% TO i 20 70 17 1c , Torrington Co (The):,.';: 6% cum v.' v-.jj 4 '4 100 E1c Mucn Co., .10 Stocks— ' Jao 58 % Sept 3% 27% 16% 15c 27% Pacific Mills.Co.........* Dec Boston A Mai ie— Common stamped. —100 100 Anaconda Cop Mln cap.50 Armour A Co, comtnony.6 Associates Invent Go com.* Atch Ton A S Fe com.. 100 79 ' 79 Amer Tel A Tel Co cap. 451 ' High Dec 805 24% 13% Low 115% High Low Shares Co isumers Co-— 5,035 82 23% •--43% 3% • 2 22 % 3% 2 System*1*4 Warren (S D) Co''i* Range for Year 1941 Shares 103 100 "81% 100 — Boston Edison. High . Amer Rad A Stand com..* 90 2!) 24 27% NortbButte B jktoii A MaifleA for Week "125% .122% 134% Bigelow Ban Carp pref. 103 Boston A . Oct Dec 10c Jan 350 • . 3% preferred..—..100]'yl6% Bonds— Week's Range Price Bethlehem Rleel Corp com* Waldorf Sales Dec 753 165 : 5% 40. 23 Mass Util Associates vtc.Jl Vermont A M Last 15 5% 49 I MR Quincy Mining Jan. 9,'bath inclusive; compiled from official sales lists ■ \mer 74% June 105 m V- 3% ; 3% Peonsylva ia Mar 23% 100 1% 82 EamsQii Corp (Dei) com. .5 Mai le Central com..iv 100 35 Nov 'Dec 40 285 • 7c MM',7c Feb 33% • 1 26%. Sept Exchange Fndag Amer Tel A 1% 81% Preferred. ..* Helvetia Oil Co Dee June Week Pub Rerv pref—.100 Aug 7% Dec % 86 32% 12 _ Utah Metal A Tun Co.-.l Jan, "3 30% 5% •_ Mergenthaler Ei iotype.'.* Aug Par 23% H athaway B akeries— Narragansett Rac Assn.-l New Eugi Tel A Tel... 100 "48% 82% _ 8,090 68 Boston Stock • 200 48% 82 ' Apr Dec : 1% 44 Stone A Webster."^. ;'88 49% 88 Dec iv.i iy, 130 Shawmut Assn T P—-.—* ;; 43% lc % 30% — Apr 3.75 84 (Toftstl 4neCoiin--~- Ctfs Of indebt 5 Stocks (Continued) High Dec Feb 5 1% — * Bait Tra ieit Co 4s flat ,1975 150 11% 4% 30c -1,395 % 20c R>0 Preferred B-.-2^..1CK) Eastern SS com L...* Reece Fold Bonds— ■ 24 31 31 . 41% 22%. 24 National Bank.20 Western A tlaittiv 40. ,y.2 IT 1 Fidelity A (>uar. 19 ,181% Nov Feb 2.65 Nat Marl 4 (.i'.iette Safety Razor Co.* Dec 73 . 1st preferred.. Oct 35% July 10 ;i Oct 12% Common lJr<9emd,:.--r;v2^,.'y* EmpFGrbup As#k»e T c.^i* 1.05 22% '2,4 - Jan 9 Preferred........... 1 >9 Mt V-Woodb Mills com 100 30 Out 42 40 , f Eastern Mass St Ry Sept" Dec' 135 3 6% 40 Jan Apr 29 i 9% 6% 50c Jan 11 10% 17 9% 110% Jan Jan 113% m A com.5 6% preferred..100 Dec Sept 5% Sept Jan 71% 5% 116 GaSpu & Fla2d pref... 109 Guilford Realty Co com.. 1 > Dec 6% ■48 44% Ja 105 19% 12% - .115 Fidelity A Denosit^.v..20 Fidel A Guar Fire Corp.. 10 1.65 40% 103 10% 1 c.1 v t 5% 31% 46% -• for of Prices tjOW Higi (t^ey Truss Wtierl cap—4 %% prior pref-—-t 100 6% preferred. ..-—,.100 17% Rept ' ..100 1st pref v t c 1212 19 16 19 Common .1:,^.,.:—... 4 ■ Low Eastern (las A Fuel Assoc— High ' Consol Gas E E A Power.* Providence., 100 Copper Range.—....,— * East Boston Co————19 Range for Year 1941 Week's Rang Sale , " Boston A Friday Range for Year. 1941 Shares High Pange for Year 1941 "last. Week Low scales cn<M; Week's Range. ; Price Par Mies Tiuay Last Jail Sept 7 May 7 '4 Mav 8% Dec 11 Jan 13% Aor 21 Aug THE COMMERCIAL & FINANCIAL CHRONICLE 184 Tuesday, January 13, 1942 OTHER STOCK EXCHANGES Friday Sales Last Week's Range Sale of Prices Low High ■ Stocks (Concluded) Par Price UtllCorp.5 Elgin Nat Watch Co 15 Eversharp Inc com. —1 Elec Household 2 A Feb 3 4% 1 com...5 | 'General Food3 common..* Gea Motors Corp com.. 10 General Outdoor Adv com * Gillette Safety Razor com * Goldblatt Bros Inc com..* Fuller Mfg Co common,. Gen Amer Transp 44 General Electric Co com. 27% 3% : 6% com.10 "Tk 8% 7 " Jan 4% 20% Dec 10% 17% Jan Mar 16% 50 (j % Jan 9 Jan Sept 500 7% Dec 9% 9% Nov Jan i' 6% 7 50 . : May 60 28% Dec 40 500 7% Dec 670 4% Dec 13% 10% Jan Jan Aug 22% 22H 209 21 Dec 29%' Jan 15% 3% 15% }i5 13% 21% 3% 73% 7% 48% 50 2% Dec Dec 47% 11 22% Indianapolis PAL com..* Indiana Steel Prod com. .1 Inland Steel Co cap...—-* 11 70% 7A Corp com.. * luteruat Harvester com...* Iron Fireman Mfg v t C—* Jarvis (W B) Co cap——-I Katz Drug Co common..1 Inter lake Iron 7% 190 Apr 90% Jan 9% 56% Dec Doc Dec 63% Jan 4 July 306 6% 805 42% 10% Dec 18 150 5% Dec 14 350 3 Dec 150 Aug Mar ' 6A 6A 3% 7% 6% 3% "7% x7% 40 Leath A Co com..-.-----* J3% prefened —.* Liquid Carbonic com..,.* Loudon Packing com....* 5 3% 120 80 1% 100 2 S2 cumul nart pref-—— 150 16 660 11 140 20% 200 Jan Sept 17% 32% 28% Sept 4% 29% Dec Apr Jan 20% 5 Apr Dec 2% Dec 26 Sent Jan Apr Mickelberry's Food Prod- 3% 3% 4,300 3 % 3% 4% -3% 10% .14 Midland Un Co conv pf A Midland Utll 6% 1100 3% 3% Common Middle West Corp cap...5 prlienlOO 7% prior lien....—100 A 5% - 4 — 26% 26% 5 3A 3% 8% Nat Cylinder Gas com...1 National Standard com. 10 Noblltt-Sparks Ind cap..5 North Amer Car com..,20 22% Northwest Airlines com..* "io"" Northwest Bancorp com. .* Nor West Util Park er Pen Dec 7% 1% 1,325 1,284 % 29% 37% Dec Dec Dec 31% 42% 143 Sales Week's Range Last Sale Stocks— Par \irway Electric pref. ..100 Low 15 15 City Ice A Fuel* 17 'i.Ttr •2% ; 2% 27 j Cliffs Corp com.........6 13% - - Dow Chemical pref..,. 100 Eaton Mfg....... .» Fostoria Pressed Steel .'* General Elec com * Goodrich BF_. * Goodyear Tire A Rubber.* Greif Bros Cooperage A..* Haina M. A.$5 cum. prof * ■V 26% 12% - 13% 110 Gen Motors Corp com.. 10 "12% 25 com-_!.-* Goodyear Tire a Rub Co.* Hancock Oil Co a com,.,* Gen Paint Corp Lac Chemicals Inc. 45 110 2%. 33% Jan 116 13 55 Pac Finance Dec .■7 9% Dec Jan Apr 35% 21% 20% Pac Mar 103 hi".-Jan 38 V Dec 106% '.240 10 L. 200 McKce (AG) cl B Medusa Portland Cement * 31% "31% 40 29 Dec 3.8 Jan lj% 1% 16% 40 15 Feb 24 July National Refining new National Tile 15 1% * ' 2 ._* ... N Y Central RR com . .28% 28% 100 a5% a5% 9% * Packer Corp. * . 9% 9% Patterson-Sargent * Republic Steel Rlchman Bros * ai8T * 29% com. >10% fll8 115 3% Dec 9 .111 706 45 '• 10 % Dec 22% Dec 5% Van Dorn Iron Works....* ,7% 5% Dec 47 Dec (i 70% West Res Inv Corp pref 100 White Motor—.. ..50 5% 200 4% Dec 6 7% ,5% 200 3% May 9 480 4 ,. 7 • 4% ... * ■ ' 55% 56 al4% al5 - Youngstown Sheet A Tube* 50 Dec 51 % v 40 T. «34% «35% 24% 2% Dec Deo 150 8 Dec 11 50 22 Dec 32 14 4% 200 19% Dec 3% Nov 8 Jan Mar 7% June Apr 300 14 100 10% 9 150 6 4% 220 2 0 4% 3% 14% 14% 15 2,812 10 10 10 32% 10 50 14 M.av 10% 46 May 18 Jan Dec 16 >• Aug 17% 42% • l>ec Jan 13% Oct 12% 8 Building .5 » 56% — .. Penn RR capital Pressed Sleel Dec 17% 36% 17% Dec 25% Jan 51 27 Jan 594 21% 200 Car com.,— "7 A Dec 13 Dec 28% 11% 6 342 20 .9% 67% 541 9% 1,240 51% 141% Dec 105 190 Dec 160 1,395 2% Dec 7% 65 58 142 —100 Radio Corp of Amer com 145 3% 2% Rath Packing common...10 55 Raytheon Mfg 0% pref—5 Republic Si eel Corp com.* 17% Sangamo Elec Co com...* Schwitzer Cummins Cap.l Perrick Corp cl B com 1 4% SI vyer Steel Casti ngs com. * 14 A Standard Brands Inc com.* • Jan 2% Sept 20% Aug Brown McLaren com 100 3% 4% Dec 6 22% Jan Dec 13% 250 9% 78% Jan 6% Sept 300 Dec Feb 14 Dec 18 150 29% Mar 37 315 2% 225 , 49% 1% 100 . 3% Dec Dec Jan Jan Aug 1 1% 25% Standard Oil of N J cap.25 Stewai t Warner Corp com 5 Wk Common... Studebaker Corp com 8undstrand Mach T'l it* 6 18% 23% 24% 21% Apr Mar Oct 40 308 16% 19% 39 May Dec 24% 3 Y» 550 2,050 1,401 Sept July Dec 25 16% 4% 005 19 2% 34% 46% Dec Dec Dec 1,150 4% 20% 1% 25% 1,551 ,5% 2% 1,200 18 18% 2,102 8% Jau 6% Sept Texas Corp capital.—25 Thompson (J R) cora__..2 37% 6 Trane Co (Tb J) com....25 Union Carb A Carb cap..* United Air Lines Tr cap..5 U S Gypsum Co com. ...20 ..__* 7% 61% Dec V. 1 ; com....,.3 Gar Wood Ind Preferred....... _ Feb 79% 44% "53k 15% 53% 16% 55% l§" 11% 50 9% May 45% 300 Dec Westnghs El & Mfg com .50 Wieboldt Stores Inc com..* "6k Williams Oil-O-Mat com.* 1A Dec 105% Dec 150 2 2% cap .* 59% Mar Dec 15% 10% Dec 160 19 Feb 81% 75 71 6% 100 6% 1% com % . 434 80 25 Wrigley (Wm Jr) Co Dec 14% 47% 106 12% 24% 79% "24% 325 118% 119% 1% 1% 18 18) 12% 100 37% 2,809 - Oct Dec 5% *46% 6% 4% 3% 3% 3% m. 70c 78c 10% 10% 3% 1% 1% Sept 1% 1% Jan Michigan Si ica com.....l Michigan Sugar com___._l 28% Sept 70% Jan Jan 130 1% 24 18% 31% 104% 8% 1 Jan 150 2% Dec i)ec 7 A .1% Preferred.".... Motor Products com Murray Corp com......10 Packard Motor Car com..* Oct Jan 79% Mar 5 Jan .. Shel ler M f g com 12% com 3% 12% 9% V ellow Tr A Coach cl B.. 1 Simplicity Pattern com__l 9% 3% 150 13% 240 10 725 Cincinnati Stock Jan. 1% - Sale Stocks— Pai Amer Laundry Mach Price 20 Cln Ball Crank Cln Gas A Elec pref 2 84 100 7 A 50 Cincinnati Tele phone ... Eagle-Plcher 75 50 10 Gibson Art preferred. 12 190 Kroger. 7% . 5% 14% * Pag. :.* 8% 109 Randall A....... 6% 74 18 " Part preferred. Low 19% ....5 Cincinnati Street 5% "14% 28% 50% 227 ,..* Pliviag Card.. 14% * Class B 1% «21% al4% 163 16% Feb 23% 2 A 116 1% 3 Sept Aug 249 83% 2% Jan Dec July 107% 7% 3,943 357 5% 14% 29% 6 ; 6 658 52 1,083 227 14 15 100 1% 70 425 6% 200 4 19 .. 186. ■ 8% Jan 3% 1% \ Jan 1% 29 Jau 2% Kennecott Copper Corp..* Inc.. ...» * — North Amer Aviation Inc 1 North American Co-..;.* 24% June 49% 222 15 July Oct Oalo Oil Co 30 Jan Bandini Petroleum Co .1.75 Sears Roebuck a Co.—..* Socony-Vacuum Oil Co. 15 boutaern Railway Co—.* Standard Brands, Inc....* Standard Oil Co (n j>„25 8tone a Webster Inc....* a35% a38% a26% Corporation (The) 25 200 Jan. 20% 2 % Dec 3 >to Jan. 22% Jan Broadway Depart Store..* Byron Jackson Co _.* Nov 25% Dec 34. 4 Jan i. 150 .. Dec 32 15 Feb 43% July 5% 20 5 Dec 9% Jan Feb 1.75 r7l0% a 14% 2.55 Calif Packing Corp com..* .1 12 11% Budd "«i8% - 35% Feb 29% 3% 18% Dec 5% Jan i8o Jan 30% May 21% July 26% 4% Dec 650 2% ,13% v. Dec 25 . Jan 38% July Nov Apr 83% 20% Jan 4A July -■V'l , % 2t» 7% Feb Dec 25 Dec 1 *i 34% 178 11% Feb 20% 200 23% Dec 29% 141 31% 30% Dec 39 July Feb 37% Nov 25% Dec 39 2 De. 7% Dec 15 Jan 11% 17% Jan ' - 220 ,150 600 ■ . 9% 6% 1% Dec 10% Feb 17% 2%, Dec Dee 25 Dec 22% Jan 'Dec '-72 H Apr 10% ,18% July 93 105 15% 51 al8" al7% al8 292 4 7% 130 a4% 14 20 all 50 al% 24 6 July Aug Dec 15% May 4% Dec - July Jan July 6% Jan 46% 7 %■ 8% Aug Dec a Jan a9% «69% a35 16% 16% a53% a55% a78% a78% 1% Nov 347 20%- Dec 413 37 23% 45% 11% Dec , a69% a74% a35 Dec ) «36% 36% a38% a»% alO 1% Jan 9% 3H • Dec 34Jan 5% Apr 3% Dec "105 a5 17% , 3% 324 > a5% ,141 :• Jan 9% >Mar ■ 107 a35% r 64% Feb 20 33% Dee Dec . Deo Dec 78% 38% May July no 17. % 100 21 % Feb 1% 28% Sept 435 ht 1% Jan 180 55 24 Jau 3% 241 270 al% Oct Dec Dec Feb a 56% 5 Jan Oct. 700 > 95 a , ' 3 a5% Nov 320 405 a39 Sept Jan 4% %' Jan 4 Aug 10% Sept, dec 357 ,100 , a 53 a5% Oct 46 % Dec 280 2,358 8 .1' . Dec 400 1% 8 Jan Sept 36%" "Dec 40 27% a4% Jan 18% 10 35 al8% a!8% a39 Apr July 20 9% % , 8% „ 15 . i y:l 158 Apr 55 310 9 ,. Dec Dec 119 a53% Price 47% 74% Dec 68% Jan Nov 77% 2% Nov 4 -103 1% 1% May Jam- AUg>. Sales Week's Range for Range for Year 1941 Week of Prices High Low Jan Prior preferred.. - i — Electric Storage Battery 100 16% Feb Dec 1% Jan 1 3 Curtis Pub Co com.. Dec Feb 1% Jan 2c Nov 13c Feb 7 5% 12% Dec Jan •; Range for Year 1941 Low High =BM 1,20 May , 2% 11% . 34% 54% ...» — 1 Sept .---1 Dec 3% Apr .9%, Oct Westmoreland Inc. 10 8 Apr 11% Westmoreland Coal. 20 " 400 17% Feb 22% Jan 20 Aug Gas .-......* Improv com* Preferred...-..-- — * s 71% 26%. Dec Dec Dec 22 760 120 Dec 2% 100 2,941 3% 51 354 Jan July Nov 25% 90 Apr 118 29%,. Dec 8% Dec .Jan' 31% June. 12% Jan 10 % Dec 18% Aug 50 23% Dec 27%. Aug 45 25% 21% 2% 34% 54% 20 24 % July 610 • " 22 51 1 150 203 5% 104% 106 11,086 173 "325 „ Dec ' % Oct 31% Dec 50% 400 15% 4% * Dec Mar 470 14 ' 15% 5% 104% 11% , Jan 5% 7% 3% Dec 2 July 17% Dec 110 Jan 31% Feb 2% '2,836 . Jan Jan 1% Feb 34% 34% Sept Jan 48% Dec 28% 112% July July July Jan 3% 39% Sept 06%' Dec Apr )l Pec % Mar Dec 1% 30% 10% Jan 4 100% Dec 117% "t . Dec 13% Dec 10% 11% 10 Dec 19 19 20 13% Jan 108 108 600 107% Dec . . Jau Jau Jau 19 .• Apr 21 July Aug 9% - —-n;ii 20 Preferred United Dec 1.50 3 .. . Corp common..—* 6o0 50 2% 2nd preferred —-.-—50 Salt Dome Oil Corp.——.1 Jin Jan , 20%, 21% 110% 110% Scott Paper. Jan . • 10% 500 " 3 50 ^-...50 United % 16 11% 178% 7% ' 10% 13% 25% 21% 2% Reading rr-— % 205 4% Philco Corp..;...--——-8 1% ,100 3 - 30% 100 : 3% pref..* Tonopah Mining. Sept 97 %c July 27% 30 Sept 2% ' pi'ila Elec Power pref—.25 3% • 1,388 114 27 21% Dee Dec 704 31% 34% 31% "3% Dec 5% 41% 25 30% A 2% 300 114 4 2}i Sept Jan % 18% High Dec Dec 869 H i^high Coal a Navigation* Nat'l Power a Light---—* Low 8% 115% 450 6% 49% 18% -.10 1st preferred for 1,211 l 380 3% 6% 47% HornAHardart(Phlla)com» Horn a Hardart (n y)...» Pliiia Elec.of Pa $5 285 10% 125% 134% Chrysler Corp Jan Shares 9% . Budd Wheel Co.— Week 8% 12 ; 11% ' Jan ,145 al4% a!5% a21 a21% (e g) Mfg Co---* Jau 8% Shares 10 al8% al8% Central Invest Corp... 100 Cessna Aircraft Co : Jan 21 «1% ; % 3% 3 * Jan 25c . — 3,311 8% Mar , 13% a9% a 10%' 7% 7% 2% 2% Sale 1% 4% ■ 900 150 of Prices High 10 Sept 22% l%? Last Pat Stocks— 5 Dec 2% 300 Week's Range - Jan 9, both inclusive, compiled from official sales lists 33% •: - 1,500 6% 52 %c Dec 1% 50 . Frlda Jan 2% 100 - 55c 52 %c Sept 9 430 a42 (Del).* Aug " 1 16 7 Dec Dec ■40'4 3% 83/ 13% Westinghouse el a Mfg.60 Willys-Overland Motors..1 Feb % 1.90 common. v 9 """9% Co........10 u s Steel Corp.— Nov 1 Bolsa Gu ica Oil 270 14% a53% Tioe WaterAasacOil cj.io Union Carbide a Carbon.* Uaited Aircraft Corp. .1—5 90c 2 Jan 5c a35% a36% a38% a39% a26% a28 Swift a Co...—25 Texas 29% Berkey A Gay Furn Co Corp.. 2o Nov 5c 25 4% 27% Studebaker Corp.. ...j Superior Oil Corp (Del),. 1 120 Blue Diamond Sept 10c 1,000 28% 28% a 13% al4% a21% Steel Corp.....* 300 2.55 61% 229% 11% Jar a39% ,-r* «14% Pennsylvania rr Co...50 Rauio Corp of America..* Republic 215 1 Dec Sept Apr 10 % * American Stores---—. 75c ; a 3% American Tel a Tel.100 1% 1.50 4% Oct 13% Jan Low . 785 4% 14% a41% al% '""2% Sun OIL-;.. Aircraft Accessories IncSOr 6% a67% a67% «42 Packard Motor Car Co...* Paramount. ktures Inc..i Sept Apr Jan 5% 16% 200 V 4% Intl Nickel of Canada....* Sales Sale 1,506 . a"l 9% 9 Jan 1% 700 " Last 0;t Jan 9% 10 Co......* Au* 9%; 10 Price 38 % ,5% . 7 4 a 3% Jan both inclusive, compiled from official sales lists Par Aug Nov, Oct Dec Dec Dec 2% Friday Stocks— Feb Dec - 3% Jan Angeles Stock Exchange Jan 10% Jan 14% 25 13% 11% a26% a 28% a3% a3% a 29% a30 " a21% «21% 4 Pennsylvania rr —-50 Oct 99 Dec 4% June lli 5% Dec Dec Jan Jan 1% June 2,800 : 3c Jan. 9, ■. Jan Feb , 200 4% 3c to Dec 16% General Motors Feb 7% Dec 1% Jan. 3 29% 8% 57% Feb 1% Los 315 75 Dec .1 Sept 5% 10 page 22% Mar Jan High Dec 34% U SPrinting preferred—.50 sre Low 14% 19 17% Universal Cooler 100 Jan 29% 34% Jan Dec Dec Dec 33 6% 30% 1,237 4% ■j:.- 4% a' 0% a'0% 124% 134% 125% Pennroad Corp vtc——1 Shares 77 11 2% 3% Young Spring A Wire..-.* 28 Dec Dec 102 1 2% 3% Range for Year 1941 Dec a67 1 % 1 15% 19% 86 Deo - U H Radiator- 170 26% Wurlltzer... High Dec 90c com; ,10% a21 .2 90c 49c Jan a63% 100 1 50 Oct 4 a20% 100 Tivoli Brewing com Preferred. Jan 15 a20% 1% Timken-Det Axle com..10 Class B..... Sept Feb Dec «63% 15 Jan 27% 35% 10 For footnotes «30 2% •1% Aug 6 July Jin 90c 15% 1% Week 15% Champ Paper & Fiber.—* IT « a27% 230 15% 2% 33 11 % 1 2,085 13% 1 Aug Mar 7% 1% Sept 38 Sept 1.25 Jan 3 12% 43° ale Dec Wolverine Brewing com__l for of Prices June 1% Jan ;;; 4% 695 1% Apr Exchange Week's Range ,2 Dec 900 1,250 ; 2% Aug Warner Aircraft Last Jan May 50c 15% Sales Friday 1 Oct Mar 25c 60c 131 15% 5% 1% 150 1,565 Dec both "nclusive, compiled from official sales lists 9, 100 , 2,050 60c Dec 8 Dec 40 286 .' 29 7 V 4% u s Rubber 2% ,1H Apr Dec 15c ■ 1% 1 ,1,. ' Mar Unlisted Stocks—- United Corp (The) 5% 2% Standard Tube Boom....1 Dec 2% 10% Jan .2% Sept il.OO Jan Mar 43% " Apr 30 % Dec 10% 2,415 27% 26% 13 Jan 34% Dec 300 6c Jan 10% "i% Jau 48% • Dec 5% 9% 4% 1% 2% 19% 27% 25% 8% 340 2% 20% 8% 4% 2% 13% 29 Karnps h d Bakers* Jan 60c 2% ,13 Jan 28% 2% May 24 4 Jan 300 • u.,2% Dec Aug 11% Feb 100 13% 40) . Mar 8 Sept 70c Apr 7% 1,435 14% 125 -.5 United Shirt Dlst com...* Hatfield Prior "13" -1 % 225 4% Sept 2 5A 2% 1 Jan 56q 10 800 . 1% 10% 4 33% ,fc7.%. Dec 225 7 Prudential Invest com_._l River Raison Paper com * Scdtten-Dillon common. 10 July 4% June 575 95c. Peninsular Mtl Prod com.l Sept 1% 595 1% 1% 7% 6% -.5 Mar : 1,300 1A l A 75c 7% _* May 3% 3 July 10 Mid-West Abras com..50c Motor Wheel com Apr :• 100 23c v : 1% 6% " 1% 20c Michigan Die Casting.... 1 Jan 450 19C 1% 1 17 1% 62% 2 LaSalle Wines com Jan Dec 10% 1>A Sept Jan DeO 10% Jan 4 10) Mar 11c ■ Jan .—3% 100 2 750 McClanalian Oil com v ■v ' Apr Sept 45c * Deo 29 Houdaille-Hershey 3% 3 Apr 750 Grauam-Paige common..1 Masco Screw Prod com..l 1 Mar 1% Nov 1,250 Hoskins Mfg common. .2 % Jan 3c Jan 94c 23 2% May 2% Dec ' 4 : Nov 3,101 Aug Jan 1- 1% Sept Nov i Dec 2% Sept •T July Dec 33% 31% ,2% 2% B..__* Sept Dec .1% 565 Jan 1% Jan V Jan 24 Jan i 200 • 6% Udylite Yates-Amer Mach cap...5 fcenltli Radio Corn to 3 8 A ,. al()% al()% n y Central rr Co. Dec .&% 1% 100 4% , V 210 '1% 10 Goebel Brewing com..... 69% 1% 10c •J 1% 1 General Finance com General Motors com 500 6% Dec ;5'2c 17 200 2 V.3% 3% 3% 10 -... 1 VA „ Mfg common... 1 com..* 755 10c 1% 1 12 286 Wayne Pump Co capital.. 1 com Aug 8% Utah Radio Prod com....] Western Union Tel Feb 3% 74% preferred.-.100 Walgreen Co common....* 34% 50 '6 72% 10% 43% U S Rubber Go com.u,. 10 U S Steel common 366 39 500 8 • 3% Hudsoiv Motor Car com..* 3 2,500 8% 4% 33% ..4% Montg Ward a Co Inc.—* Mountain City Cop Co.5o High Dec 75c 767 Eureka Vacuum com,...£ Federal Mtr Truck 450 40% 5% 4- vr; com 5 Swift International cap..15 1% 27 ' 39% ..1 Swift & Co canltal. ——.25 1% 25% Durham 3% 14% V 81c he iron com..5 Aug 200 300 * " Detroit Gray : 240 ; 1% 7 -v ' Detroit Paper Prod com..l 5% 3% 1% 7% 3% '81c 1% ,7 Detroit Edison com.... 100 Detroit-Mich Stove com. .1 6% - Low 17 17 1 Burroughs Add Mach—;.* Continental Motors com.l Det A Cle v N av com 10 Jan Standard Dredge— Standard Oil of Ind cap.25 3% Brlggs Mfg common..-. Dec 824 14% 31% 4%5 31% Spiegel Inc common.....2 57% % 57% 4% 4% 14% Sou Bend Lathe Wks cap.b Jan. 790 T;"i%" Goodrich (b f) Co......* Range for Year 1941 Low 1 Baldwin Rubber com 14% 8% Exchange of Prices S.- High Par Stocks— 690 15 8 Jau 200 1% 14% 41% May 59 19 55 Woodall Indust 300 8% 8% 4% Commonw'th a Southern.* Aug Jan 53 1% Sears Roebuck A Co cap..* cum 1,044 1.80 13% 20% Loew's Jan r 75 a'A7 % . 11% ; 20% Canadian Pac Ry Co...25 Case j i Co—........ 100 Caterpillar Tractor Co.. Columbia g a e Corp...* Jan 4% 80 Borg-Warner Corp....... 5 detroit Week's Range 28 30% Barnsdall Oil Co........5 both inclusive, compiled from official sales lists Dec 265 25% 9 "9% 426 May Sept 55c 2% ' 6% Dec 17% Dec 29% Dec 28% May 37% Apr 26 % Dec Bendix Aviation Corp..*.5 Bethlehem Steel Corp.,.* Aug Aug 8% 25 1 Inc capital Quaker Oats Co common.* 7% : ..1 Electric Bjhd a snare.-.5 Jan. 9, 599 20% General Electric to 7% •-v- "12% Jan Jan. 3 Jan 8% Atlantic refilling (Toe) .25 Chicago Stock Exchange Detroit Stock 30c 2% Feb % Jan 100 8 ' Dec 40c Mar Sept 31 Dec 4c 1.75 Atclilson Top a San Fe 100 1% June 16 38c 1.15c 28% Curti8s-Wright Corp Sept Dec 47 21 070 , ; son 3,368 ,.100 ";26% } V;.V Telephone: Randolph 5530 July 43 - Pure Oil Co (The) com., Preferred.. Jan Dec %• 4% ,4% 21 21% 44 Peoples G1. & Coke cap 100 Pullman % 12% 150 21 % ...50 Perfect Circle (The) Co. 100 280 % 57% % Elec Switch cl A.... 10 Class B com..... 45c 8% Continental Motors Corp 1 Pena Gas & Elec cl A com f Dec fl4c : Aug 46c Apr 1.40 . Feb 10% Jan " 5% Sept ,;l Peabody Coal— Pen 20 200 1.75 Aviation Corp (The) (Del)3 Baldwin Loco Works v t cl3 j 20c 454 i. 7 -45c a4c Cardinal Gold Mining Co JaD Dec Dec Ford Sept 10 Dec Mining Stocks— b1 Mammotn Cms mln 10c ' -New York Curb Associate *; 6% 7.71° 33c ;23 v :v Vultee Aircraft Inc......l Sept 57% Dec 29. July Jan Dec ; Stock Exchange Detroit Aug Jau * . Members Oct 50 12c "20% Van de Jan % 7% - , July Watling, Lerchen & Co. Exchange Apr Union Oil of California. .25 Jan New York Stock 8c 225 a37 Tra wcjn a Western Air. .5 Aug . 6% 1,300 30 Amer Tel & Tel Co.... 100 Anaconda Copper Min Co50 Armour & Co (hi)..." 5 Jan Dec 2,150 feb 11" 7% Dec 19% 19% a29% a29% a27% a27% a37 am Rad AStd San Corp..* Am Smelting Ref Co * Aug 346 1,105 ; 33% 57 %c a24% «24% Superior Oil Co (The).—25 Transamerica Corp2 Jan Dec Southern Pacific Co.-.., Jan 33% 35% 48 % .n Jan July Dec Standard Oil Co of Calif. Jan I : Dec 47% 7% 20% 40o 7 - Sou Calif oa« Jan ,14 50 4% Aug 410% - 11 1.35 7% 19% 6% preferred b25 5%% preferred c.,.,25 0% Pref a.25 ' May Aug 13 :. 600 40c So Calif Edison Co Ltd..25 Jan 12 Apr Dee Dec 22% . Lighting Corp com... * Shell Union Oil Corp...,15 Jan 27 .s V 86 U pson-W alton1 . 375% 28% 327 Solar Aircraft Co Mar Dec 29% U S Steel com———* Vlohek Tool.,, Dec 135 10% al9% - 27% . 29 1% 15% 39% 10% ■: 4 47c 301 . Corp com..10 Sec Co Units of Ben Int. Sept 3% June ... Oct Dec 15c June 237 1.40 Ryan Aeronautical Co—1 Jan 13 Mar V 7 ' Standard Oil of Ohio. —-25 c 1% % 3)0 265 " a9 Nineteen Hundred cl A. ..* Otis Steel 257 .»■' % a9% * . . 500 1,334 30c 1...1 Roberts Public Markets,.2 Jan 43% Dec Mar Sept 48c 7 ... Kelly Island Lime A Tr._* Sept 6 74% 5% 23 Republic vetrol Co cora..l Richfield Oil Corp com * Jan 48% 9% 23% Dec Feb H% 32c .e, Co...,,r—1 Pacific Indemnity Co.,.10 Nov Dec May Interlake Steamship.....* 18 Feb 3% 68% 22% Co.,10 5%% 1st pref..,—,..25 Jan 38% 1R?% .102% 102% '39% 39% 10 17 1)9 130 . 11c it 6% 1st preferred,_.,.25 Jan Dec 20 •' 44 527 . . 7% Pac Gas a Electric com.25 July 24% 11% 11% , Sept Ont 8% -93 May 8% 48c Occidental Petroleum,... 1 Oceanic Oil Co....'...,—1 Dec 17% , »Jan 27 82 Menasco Mfg 6% Dec 11% .22% ..j..40c Mascot Oil Co Jan Dec Feb Dec * 38% Jan 12% 17% Dec 4% 32% 5 Mar 5 '«378 32% 68% c 100 18c a378 High Dec 41% 112 . 5% al8c Lockheed Aircraft Corp-.l Los Angeles Invest 46% a68% a70 Lane- WellsCo..-.,.-—1 Lincoln Petroleum Co,-10c 22% - Oct 10% . " 3% 1 Low 169 19% 3% 32% .7 5 Apr "10 10% 10% a27% a28 % al3% al3% all% al2% 19% '■19% a70 Dec 1% 1,150 110 a27% 7% , 352 ,,»--* Preferred Douglas Aircraft Co. ....* Exeter Oil Co a c™..,..l Farm a Merch Nat Bk.100 Dec 138 a3I % a31% "16% 1.16% 145 2% 27 : Range for Year 1941 Shares a5% Creameries of America-—1 Jan High .,46% a5% 5% a5% JaD V' High 8% Dec 6%, Dec ; 2 9 Clove Builders,Realty * Cleveland Ry._ J.100 LOW /;• 20 , 5 - Jan Range for Year 1941 .10 a8A 17 Low Price Holly Development co-,-1 Shares • a8% P"* 4% Week High j15 Apex Electric Mfg..—.* Brewing Corp of Amer. .15 j (Concluded) 51% |_. for f. of Prices Price Weet 48% ;; Dec .Jan. 3, both inclusive, compiled from official sales lists to ■for- of Prices Consolidated Oil Corp...* Consolidated Steel Corp.* 15% July 10% Sept Exchange Friday Jan 5% 300 Plct Inc com.l Co.(The) com 10 Paramourt 9 60 Oct Jan Dec 10% 8% 7% prel.100 Omnibus Corp com 565 Sept 1% June Dec 10 10 7% 6% 39% Dec 5 9% 23% 21% 4% ..... Stocks High Aug 3% '26 8% 17% 17% 300 8% 26 9% N Y Central RRcap.....* Jan % Feb Jau Apr 7 Apr 3 5% 6% Dec 3 550 % 5% 27% 3% 2% 350 4 Montg Ward A Co com..* Nash-Kelvinator cap 150 14 9 prior preferred. —.10 1 SI Minn Brew Co com—— Dec Dec 200 . Miller & Hart Inc com v t c Jan. 3 c 30 27 Mar 3% 23 Dec , Jan 16% Dec 12% 2%7 2% 27 * Merch A M frs Sec A com. i 18% 24% 26 25% .25% Martin (Glenn L) Co com.l 21 Feb 12% 12% Marshall Field com...—* Aug •7% 7% Dec 13% May 18.. Lynch Corp com...;—.1.5 5 Jan Dec 15% 2 Jan 3% 10 14*4 - Sept 59% 250 3% 4% 9 9% Dec 1,300 3% "Ik" July 38% 20 Jan 5% Maj 7 200 40 40 »• '9% - Cleveland Stock Sept Dec 10% 7% 9% Indep Pneumatic ToolVoting trust ctfs new..* Dec 30 1 1% 32% Jan 7 , 10 Jan Oct 8 Dec Low 34 42% 0% j Sept 48% •<4% 10 874 11% :: * Tlmken Roller Bearing Jan 10 » ■ 7% 30 100 Masonite Corp com...... 42 200 10% 7A 8% 7% A' 8A Hibb Spenc Bartlett com 25 Houdaille-Hershey cl B..» Libby McN A Llbby com.7 Lincoln l'rinti ag Co— Feb Dec 11% ...._* Sept 1,250 12 11A cap-.-l Hela-Werner Motor Parts 3 com.* pref—50 34 6% 345 11A 10 H 10 Co com.-.10 Util ir cumul 55% Dec 300 Shares Jan 600 n% Heileman Brewing Kv 300 >3% 6% "iik" Goodyear Tire A Rub com * Gossard Co (H W) com. Great Lakes D & D com. Kellogg Sw itchboard 75 High Week's Rangg Sale ~ Sept 5 Dec 28% Dec Oct 2% 2% May 5,700 3 - ,■ 33% 330 34 3 9% 39% 24% 260 1,945 40% 32 1 7% June Feb 3% May 300 44% 28 A 39% "32 % ' Illinois Cent RR com.. 8 <4% 7H 3% 43% 27A y Dec Low Sales Last Range for Year 1941 , Chrysler Corp Columbia Gas... 5% -r 400 Price 25 City Ice Jan 4% 50 5 0 8 Friday for. of Prices. L ■Week . General Motors Common Harnlsclifegcr Corp Par Amer Rolling Mill Jan 45% Htz Simons & Con D <fc D— Four-Wheel Drive Auto .10 Hall Printing Unlisted— Sept 33% May 34% May 50 36% 36% 2 350 . 4% Dec 25% 500 2% Dec 3 , Stocks (Concluded) High Low 400 29 Mi 28 2% Fairbanks-Morse com——* Sales Week's Range Last Sale- Shares 3A 3% Friday Range for Year 1941 for Week 3% May 14% 8ept Bonds— Amer Tel a Tel : - -; 3s._—195/? ... 112% Sepi .Volume 155 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4032 = 185: I OTHER STOCK EXCHANGES Sales Friday San Francisco Stock Pittsburgh Stock Exchange 3 to Jan. 9, both inclusive, compiled from Jan. Friday Last ; Sale far Stocks—: fjow Allegheny Ludlum Steel..* Arkansas Nat Gas pref.100 21% Clark (D LJ Candy Co—* Columbia Gas A Electric.* 215 500 . Harb Walker Refrae com.* 1% 1% 15%. 1% 1% 15% Jeannette Glass pref 57 60 Fort Pitt Brewing—I .* 95 Koppers Gas A Coke pf.100 Lone Star Gas --* Mountain Fuel Supply..10 7% 5% 5% Pittsburgh OH A Gas Co.. 5 1% 1% 61% 4% XH Pittsburgh, Plate, Glass. .25 Pitts ©crew A Bolt Corp. Pitts Steel Foundry com.. * Preferred..... —100 San Toy Mining Co — 90 4% 65c 2,060 30o 1% 1% 63% < 4% 100 17 110 5% lc Out Jan 10% Jan 6 % Nov 96% Dec 7% 7% May *5 June 29 Feb 3c Jan lc 1,000 Jan Jan Aug Aug 6% "2% 2% 1.10 .120 - 2,400 ■47% 48% 628 24% 112 ' » 24 25 1st preferred 80% 165 71% Oct 86% Sept Commonwealth Edison e.25 2% 111 1% Dec Nov Consolidated Coppermines5 Cons Chem Ind A •23% Sale of Prices / High Par Price Low Range for Year 1941 for 14 2 10 388 Barkart Mfg pref. 32 55 29% Jan Jfttt 13% 37% Sept 16% 16% 223 32% Dec 33% Jan C 4c A 3ou Air Line pref. 10 9% i 9% '■45- 9% 25 13%. Jan 15 Coca-Cola Bottling com.. 1 ;> . Columbia Brew common. 5 Dr Pepper com— —* common.—-.* Ely A Walker Dry Aids— v July 20 Dec 7% 8% 18% Wells Fargo Bk A UT. 100 Jan Western Pipe A Steel,..10 Yel Checker Cab Co ser 150 Jan- 8 July 3 Deo 6% Apr Dec 15% 20 6 5% 15% 36% 219 3% 153 16 90 20 1 : 455 13% 50 : :? 8 s. ' 7 7 T* 5 ZuZ'JuZ 28% -^:2£-;4 28% —* Feb : os 6 : 325 M 285 Dec 7 26 16% Dec Aug Bendix Aviation Corp....5 34 Deo 21% 44% Jan Berkey A Gay Furn Co—1 a37% % 27% Mar Blair A Co Inc capital. 1 Bunker Hill A Sullivan 2% 38c Oct 117% Sept 20% Jan Cities Service Co com—10 a3% 13% 56 355 Menasco Mfg 31% Jan Dec 7 Jan 20 Oan Deo 17 Nov 17 200 13 Dee 22% 10 1,540 9% K; vV.'::/ •; 5 50 5 13* 10 91% Oct 50 7% 19% Deo 11 Dee 296 1 Apr Pacific Coast 3.00 Feb 5% Dec 101 Jan : Oct JaD Bonds— St L 1"« 1st Mtge 5s .. 25 yoar c.viv ( icomo 1939 1 Hi 1 82% 82% 35 32% 35 83,000 14,i 00 Jan 68% 11% P.» 83 37% • ^referred Oct - - 19 19% 29% 3,798 27% 1,488 30 28% 30 96 95 896 884 96 10 to Pat Stocks— Dec 39% Jan Feb 94% 10% Dec 91% Deo 145 146 100 100 IOC 107% Dec 40 147 Dec 25 100 18% Jau 126 July 163% 104 * ""i*75 1.50 1.75 170 90c Jan Puget Sound PAT com..* R E A R Co Ltd com * 15% 15% 15% 251 14% Feb 4% 200 Jan Jan Preferred . - ' ■ 100 ww. • 4 39 33% ... *:■- -i- - ■ ' %<• 7 v* 266 3 14% Week Price IjOw High Range for Year 1941 Shares Low Corp...i——* Assoc Breweries. 26% 8% 520 7' Feb 18 18% 323 14% Jan 29% Sept 10% Sept 19% Sent 115 14% Jan 18% Dec 10% June May 6% Feb 14% Nov 1/% — A.* Bell Telephone—.... ..100 Brazilian T L A P——* Brit Col Power Corp A...* Bruck Silk Mills. * Building Products A——* -* —100 Catt North Tower Corp..* Canada Steampsbip -—- * 5% preferred _ -50 Can Wire A Cable cl A-* Canadian Bronze-———* Candn Car A Foundry..* Prefer re J 25 Canda Celanese—-,_---* Preferred 7% —100 Can Lid Alcohol— * Canada Cement—Preferred. 17 i50" 150 ———-—r—*(Pacifle Rallway-25 6% Cookshutt Plow. ——* Con Mining A Smelting.-5 Crown Cork A Seal Co—.* -->-.* Domlrlon Bridge.——--* Dominion Coal pref.—.25 Distillers Seagrams Dominion Glass.-——100 Preferred .....109 10 10 14* 390 150% 279 7% 581 13% 6% 50 Jan 25 Mar 137 60 160 Apr 9c 2.10 a21% "17" 17 .JJ 70 69 17 4% 30 300 4% 20% 20% 20% 160 27% 380 619 25% «4% 28% 26 a4% 242 39% 41% 350 Studebaker Corp com..._1 o4% a5 Texas Corp com........ 25 United Aircraft Corp cap 5 -38% Standard Brands Inc..... * Standard Oil Co of N J..25 28% 39% Apr 6% Nov com...5 Walluku Sugar Co—20 Nov West at" a Petroleum pref .1 - • 45 85 ' Jan 10% Deo 2.65 Dec 1% Dec 17% Dec 2% Dec 12% Dec 4% Nov 16% Dec 28% Dec 25% Dec 3% Dec 35 Apr 3% Dec Aug Deo Jan 4% 107% Nov 34% 8% Jan Jan 39 July 14% Sept 15c July Jan 39% 3% 17% 6 Jan Jan Mar 3% Jan 25% Apr 4% Jan 21 Oct 7 Jan 28 Jan 31 Jan 29% Jan 6% Jan 46% 8% Deo July Jan 95e 38% 200 35% Feb 39% a34% a36% *«i 7SS I3» Rights.—-——— U 8 Petroleum Co——.1 Utah-Idaho Sugar 38 a36 Jan 149 29 Deo 42% Sept 95c "3% ' 2.65 12 300 55% 3% 6,715 449 """90"" Dec 1.35 July 49% 1% Dec Jan 70% 2% Feb July 60c Bsc Tio" July 15 12 70c 70*. 6,157 95c 55% * 700 70 . Listed and Unlisted — Friday for Week Range for Year 1941 oates Shares Low Last Stocks (Continued) High Par Week's Range Sale Jail 21% Deo 8% 26% Feb 6% Aug Jan 5% 5% 5 4% 12% 12% 290 12% Dec 15% Jan 4% 101 101% 4% 4% 6% 6% 29% 29% 80 4% Feb 6% Mar 12% 4% 101% "~6% 29% 4% 381 94 170 4% Dec 3% June 17% Feb 1,591 524 June 102 nov 8% Jan 7% 29% Dec Dec 65 5% 55 100 58 Dec 58 Dec 32 70 30 Dee 35% Feb 5 May 20% Apr 18% May 10% Jan 27% 28% Aug 5% 3% '•."5% 5% 24 23 15% 22 26% 124"" 26% 124 * 150"' Coal B 25 Ltd——* 4 Dominion Tar A Cnem..* Dominion Textile— — * Preferred 100 154" Dominion Stores 120 85 124 80 3% '.:3% 3% 3% 275 20 5% •*''5% 5% 38% 23% 4,497 4% 4 32 40 522 of Prices low High Price 6% 4% 5 Paper—-—* 18% Sept Canadian Breweries- pf—_* May 10% Nov Can industries Ltd B 65 12 50 June 59 2 407 2 May 4% 507 3% June 5 1,630 111% Dec 20% June W for Week Range for Year 1941 High Low Shares ,w; - - Aug 41 Sept 21% Jane 30 Jau 19 28 Jan 119 155 Apr 6 Dec 4% Feb 3% June 4 180 82 60 70 154 154 10 6 1,035 27% 20% May 145 4 Nov 9% Mar Jan Feb Mar Sept 6 Sept May 82 Jan 150 Jan 155 Mar 4 Feb 7 Sept Prod. .* 50 3% 3% 3 3 8 16 English Electric B- - - - - - - * Foundation Co of Can—* 16 •60 2 Mar Oct 3 10% Feb 3% 5 Dec preferred----—.100 72 .■72. i 5 70 July 80% Feb preferred... -100 79 ^ <80*' 25 76 Nov 95 6% 70 Preferred.—— 100 92 92 35 3% Mines,.-5 Pf--* Preferred.——r 100 Hudson Bay Mining. —, Ilollinger Gold 10, 3% 60 3% Gypsuin Lime A Alabas— Hamilton Bridge.-e— 3% 10% 130 10 1,070 International Power. 10 14 275 11 100 30 • 28 895 26% 8% 12% 8% 12% 12% 12 12 34% 22% 22% 34%, 36 . 13% * "87% For tootnotee see page 186. . 13 16 Sept May 101 -L 8% 549 11% 115 12 140 20% 1,129 761 15 20 Dec Feb Mar Sept Consol Paner Corp Ltd Sept David AFreere Lt A....* 34 70 31 Feb 39 Aug 17 100 15 Aug Jan 52 1,240 45% Dec 25% 57% Dom Eng Works Ltd.—* Donnacona PaD Co Ltd a * Jan East Dairies .* 3% 3% * 15% 15% 190 18 May Oct 20 150 June 155 Feb Ford Motor of Can A 48 Nov 50 110 22% 14 Nov 14 Nov Inter-City Bak Co Ltd. 100 International Paints— 22% 22% 100 23 J Oct 23 Oct 5% cum preferred-.--20 International Utilities B 13 13 13* Jan 15 Sept 55 93 Nov 93% May 2.00 570 14% 50 13% 43 Jan 14% Lake St John P & P—— Sept 86 31 44 Dec May 17 Jan 6 Feb 03t 9% 8 11 Sept 70 Jan 8% June Mar 143 1.10 222 1.05 97 25 55 151 100 Commerce Montreal.. 100 Nova Scotia 12% 96% Feb 5% Sept 40 5 11% 25 7% Feb 108% 108% 35 108% Mar 11% 1.15 Jan 1.15 Sept 60 Dec 6% cum 1st pref 100 6% n c part 2d pref—50 Samia Bridge Co Ltd A—* So Can Pwr 6% cum of 100 8% 13 United Distillers of Can..* 75c 75c 20 75c Jan * 48% 50% 135 38% Mar 151 36 145 Corp.. .* 15e 15c 300 July 162 May 187 187 87 171 Mar 270 16 267. July 151 _ 108% 82 82 10 77 32 32% 40 28 6% 6% 100 100* 15 10 82 l14 Nov , "l"66"" 108% Nov 98 July 6% June 43 98 Aug 151 127 Jan Nov Jan Jan 7% Sept 104 Jan 95c 50 Nov Dec Mines— ... 150 Feb Jan. 9, both inclusive, Aidermac Copper Jan Arntfield Gold Mines Ltd. 1 8c 8c 1,000 4c Mar Jan Bouseadiliac Gold M Ltd. 1 2c 2c 2c June 5C 5c 1,500 2,000 lc 5c 5c Mar 193 Last Stocks Price of Prices High Low for Range for Year 1941 Kerr Addlsdar- 6% 7 104 109 6% cum pref-.-—-100 Aluminium Ltd—- - —— Bat»mr.st Pow A Paper B_* BeauharnoisPow Carp...* Brrt Amer Oil Co Ltd... 65c 104% Low 55c Feb 760 4 Feb 177 95 Oct 879 3 Sept 1% «% 879 17% 17% 500 15 June 37 10 19% Apr Dec 80 Dec 14 14 14 20% 29% June 38 Sept 82% 82% 16 Nov Can Nor Pr 7 % cum pf. 100 Canada Starcu Co Ltd. 100 20% 82% 9 9 106 107 5,000 1,000 2%c 1.92 Dec 2.90 ,Jan Jan 32c Dec 63c Sept lc May 50 3.50 Apr l%c 2.75 200 2c Jan 2.75 2.20 2,000 4.20 1%C 100 2.75 Dec 2.15 2.22 4,300 87c May 4c 4c 500 1.30 1.31 1,900 Pickle Crow Gold M Ltd. 1 2.23 2.23 150 Oct PioneerGMofB C J 2.00 2.00 200 2.02 Jan Preston E Dome Mines.. 1 3.00 3.03 200 330 13 50 0% Mar 48c 49c 1.15 Sept 9% 115 I'M ""49c 1.53 June Slscoe Gold 11 Aug Jan Sladen-Malartis 16 Nov Wrlgut Hargreaves Mines * 27 3c Dec 4.75 July 5C Aug 4.30 Jan 2.95 Sept Jan 3c July 1,25 Dec 1.65 2.29 May 3.00 Jan Dec 2.50 Aug 2.75 Feb 3.55 July pec Agr 69c 47c pec 50c May -80c i^pt 7.00 Jan 60c ,6,750 2,30i) 1,300 4Sc 60c 2.60 2.60 300 2.50 2.54 2.60 ero 4c 5,033 8 %C Jan Jan Mar Jan 95% 18% 9 Jan 8 Jan 108 Nov 106 July Canada Wire & Cable— 67o cum preferred---100 41c 24% 4.20 Pandcra Cadalilc G Mines 1 High 371 17% 20% 2.20 3c Sept 8c Sept Dec 16 Week Shares ""»% ' 2.15 2%c — — — Perron Geld Mi ies Ltd -.1 65c * Abftlbl Pow A Pap 16 41c 2" 15 Ltd--.* JoUet-Quebec Mines Ltd.l Kirkland Gold Rand Ltd. 1 Macassa Mines Ltd..... 1 Malartlc Goldflelds. — 1 140 16 Francoeur Gold M Sales Week's Range Sale * 1 East Malartlc. compiled from official sales lists Friday Par 10%e Sept Jan 166 Montreal Curb Market to 22 %c Sep! 284 „ Dome Ml ies Ltd.... Jan. 3 8c June Cent Cadillac G M Ltd—>1 100 Jan J an Dec Aug Apr Jan 270 100 Royal Jan Nov 11% 88 /. A P Walker-G'hara A Worts 14 3% 30 35 12 Jan 59 Dec Sept Nov 91 Feb i Jan 6 . 18 15 1.00 59 38 Feb 60 15% Jan Apr Sept May 753 Apr 703 May 250 16% Feb 27 6% cum preferred--.109 Power Corp of Can— Apr 40 11 50 6 Melchers Distilleries pf. -10 Jail Sept 1.09 515 Jan Nova Scotia L' 60 56 24 25a 14 15% 12 Mitehell Robert Co Ltd- -* 5 20 Dec June Sept Feb 2% 52 ,25 Dec 10c 7 1.00 54 90% 6% cum preferred.-.100 1.00 Jane 151 July 1.00 June 80 300 15% Massey-Harris Co Ltd 5% cum preferred...100 j Preferred new...—... McOjll-Frontlnac Oil— 59% 1.000 1.03 54 Mac'Lare .i Pr A Pap Co—* 12 39 10c 10 1.03 1,507 75 Banks— a0% 93 10 7 Brit Col Packers Ltd....* Feb 10 Mackenzie Air Service.. 2% 14 Canada A Dom Sug Co— Mar 10c - Sept 18 1.25 July Dec July 8 Jan Oct Feb 94 60 Jan 5% 17% Feb Feb 60 Jan 6 1.10 ^ 15 Jan 7 39% i'-i 45 1,150 v^Pt 3 3 52 •... 3% 16 5% Feb 1.50 May 3 Dec 220 Sept 72 50 10 5 25 25 12% 10 28 "1 Oct Mar 5% 10% 12% Aug 3% ; July 10 June ——* 7 2 2% Jan 25 Fraser Cos Ltd 9% 40 7 2 Oct Fraser Cos voting trust.—* 9 2 210 23 4% Sept Jan 3 150 4 3% 3% 6 It Jan 50 3% 100 Apr AUg 20 148 25 5 2% May 9% July 5% 276 .2 10 25 25 900 Feb 12% 8 45 85 5% 3% 10% . 1.50 Jan Dec 3 3% 195 25 95 28% 8% July 9% June 48% 12% 62 62 6% 3% 5 7 9% , 1 10% pf 100 22 Jan June cum 155 Jan 2% 7% ..,-5 Fairc'iild Aircraft Ltd Fleet Aircraft Ltd 16% 82 Preferred—1. 51 25 13% Nov 40 Oct Nov Mar 28 Jan Sept 30% Sept Oct 9 2% Mar 13% w Woods Mfg pref—.... 100 Zellera * Sept Feb 23% June 725 9 13%' 13% 2% 2% 87%' 87% * 26 Mar May 43 - "l3% ^ , -* Jan Jan May 9 22% 6% 2 May 16% 7% Sept Jan 93% 4% 10 22 16 1.90 — Sept 5 Dec 97 "26% Feb June 2% Mar 2% May 11 ■ .Internet Power pref—10g 4% 87 100 Howard Smith. Paper Imperial Oil Ltd.-——* Imperial Tobaoco of Can.5 International Bronze.—.* Preferred .... ...25 Internal Nickel of Canada » Inter Pete Co Ltd * 4% 50 22 19 14 City...——* """2 Feb 6 260 5% 5% preferred.—100 6% 94 United Steel Corp.——* Vlau Biscuit pref -10 J Jan General Steel Wares—. .* --* Oct 2 Dec 16% 9% Gatlneau— Jan 5 Catslii Food Prod Ltd— —5*—— Enamel & Heating 175% Feb Commercial Aicobols Ltd 8 Jan 6 June 2 Jan 3%' Tuckett Tobacco pref—100 B 160 55 Jan v Winnipeg Electric A.....* 20 3 35 3 * * 175 3 19 21% 100 .... 175. * 50 ' Wllsils Ltd 207 29 48 50 St Lawrence Paper pref 100 Shawiiilgan W & Power..* Twin June 118 155 21% preferred. Wabasso Cotton 108 82 6% Feb 150 372 12 * 22 98 48% * * Simon (H) & Sons 335 17 12 A cum Sept Dec 31 161 17 L 48% * Preferred 7% 1,6J 30 39% Quebec Power.. St. Lawrence Corp.. Jan Feb 160 26 10 — Canadian Vickers Ltd 70c 2,050 30 17 - 1,235 — Jan 1.15 160 7% cum preferred...100 June 3% 5% * 1.15 25% 39% .' 3 Steel Co. of Canada 28 5 Jan May May 6 — Feb 9 11 Sept Sept 639 . 12 125 10% Sept 15% Sept 7 235 10'4 3% 7% 115 4% . 26 * 4 787 150 150 17 10% Power Corp of Canada...* Price Bros A Co Ltd * Regent Knitting— Holland Paper— Candn Breweries Ltd...-* 34 ^ * Penmans Nov 4 100 Preferred 126 May 21% May 110 Ogilvie Flour Mills 116 111% 111% 22% 23 4% 23 * Apr Feb 15% 15% Noranda Mines Ltd Nov 65 « National ^teel Car Corp..* Niagara Wire Weaving—* 116 2 w ...25 Preferred. .* Southern Can Power.——* 26% 23% 23 „ 2 Montreal Tramways... 100 * Feb 2 1.85 95 23% . National Breweries. May 110 622 5% 39 24 110 Dominion Steel A 330 5% 22 V 25 16% 10% 10% Mont L H A Power Cons.* — 32 22 3 Laura Seoord 115 115 July 85 21 21 Class B 5% % com....25 6% preferred ,. — 25 5%% preferred. ——25 So Calif Ed Ltd 18% Feb 3% * US Steel com r- of Prices Low High Montreal Cottons pref.100 60 26% 8% 8% 18 Bathurst Pow A Paper ,5% _. Shasta Water Co com Sales 115 MacKinnon Stl Corp pf 100 Masse v-Harris * M cColl-Fro ntenac Oil * High 60 pref—.100 Algoina Steel.—i.——'- ' —50 — Dec • Week's Range price Par Pennsylvania RR. Radio Corp of America... * Santa Cruz Ptld com.. 50 Aug Sept 1.75 Lake of the Woods..—..* for of Prices preferred—100 Albert Pac Gr Dryden 26 993 100 Stocks (Concluded) Acme Glove Works— Candn Jan Jan 409 Sale Sales Week's Rang Sale Asbestos 34% 31% Corp.l Kenn Copper Corp com..* Jan Deo 12 Jamaica Pub ^erv Ltd—.* Last 6%% 28% Dec 100 Dec Dec Dec Feb Oct si 23 45c Jan Jan. 9, both inclusive, compiled from official sties lists Friday . July 2.10 Sept Dec 11% Last Exchange 12c 17% 99 106% 100 Jan 26% 12 30 1,047 a2% a2% a20% a21% 2% 2% Mar 29 99 Dec 770 ; % 145 30% 27 106% 27% 31c June , 2.50 Jan 29% 1% 1% 106% 106% 27% 27% 3% 4 120 13% Sept Nov 27% 4,400 2.10 9% 29% 34% 47c 45c 13% 6% Mar 10% Sept Dec Dec 2.35 1.30 Dec 26 Dec Dec 381 Dec 7 120 1.55 Dec 1.45 5 140 29% 24% Dec 1.45 225 28 28 770 380 1.20 Sept 9 Mar Jan Dec 5% «8% 210 6% 4) 5% «8% 2% 11% 635 2% 26% 60 1.90 1.20 60 5% July Jan 23% 6% May 03% 13% 27% 510 100 1,000 Dec Dec o3% 12% 1.80 300 , 12% 367 27% 18% 5c Dec Jan Aug Dec 1,023 MJdMAM Cons——-l Dec Dec 29 9 6 40c Montgomery Ward A Co.* Mountain City Copper..5c North Amer Aviation cap.l Olaa Sugar Co 20 Packard Motor Co com..* 4% 5c Dec % 1.35 Jan 13% „ Dec Sept 379 : / 38% % 25 j 100 6o Jan ; Dec 3% 31% 13% Apr 3% 31% July Apr 80 100 80c 6% Jan 2% 36% 200 4% 19% 1.40 Dec 19% 952 9c 521 ;* - 7 1.20 300 a36% 10% 250 31% ,134 9c ,414 Jan Dec 10% 5% Fnday Jan. 3 Dec FibreBrdProd -rjfd.100 Genera! Electric Co. * Idaho Mary MineB Jan, 7% 168 2 85 McKessonARobblns coml8 1.05 CANADIAN MARKETS Montreal Stock Deo iOO Paraffine Co's pref Dec : «, » 5 $5 dividend Pac Pub Ser 1st pref Feb 24% 3 25 Pacific Tel A Tel com_. Mar Feb 10% 36o Consolidated Oil Corp...* Curtisa-Wrlght Corp..—1 Dominguez Oil Co * Dumbarton Bridge 10 Electric Bond A Share Co 15 5% 6% 29 :: 6% 1st preferred 25 5%% 1st pref—......25 Pacific Light Corp com..* Pig'u vVnistle pref.. 82 3 Aggregates.5 ""l.45 Pac G A E Co-com 1.90 Cons Edison Co of N Y--* Jan 14% Sept 13% May 3% Nov .8% Deo 43% Jan Feb 30 Jan Deo , 10 ... 1.05 1 Occidental Petroleum Nov 28 8% 23% 21% Dec 1.94 -.Vww'-'-, ii, Dee 3% 29% July 6% AUg 3,00 Jan 3% July Sept Sept 55c 63 Dec 48c 3 7% 11% 17% Dec Co com..._ 1 1 Sept -7% 2 8% 23% : 85 4% 85 Stix B«er A Fuller com..10 Mar Jan 9 5% June 4% 'V-' 2 Common.—----——.-* 200 6% 6% 9% 215 Occidental Insurance Co. 10 May 12% 14 175 1,010 3% Nat Auto Mores com 50 8 acq Had A 48% Dec 6% North Amer Oil Coos—. 10 May 3% Dec Deo Deo 10% 15 <14% Jan -. Stand San—. * 14% 3% 8% 30% 4% 22% 14% 1.35 Unlisted 4% «37% a39% % % 10% 6% 1,360 Dec 29% Deo : - 31 1.45 Dec C*'li Jan 29% 9 March Calcul Machine. -.5 100 10 r.ecurLles lav pref?.... 100 Wagner Electrio com.... 15 Dec 13% ■ St L Paboerv cl A com.:. 1 5 1 Magnin A Co I com—.* 22 1~A5 40o Magnavox Co Ltd- - 50 Argonaut Mining Co.—5 Atch Top A Santa Fe..l00 Aviation Corp of Del—..» J tLibby McNeill A Llbby..7 Lockueed Aircraft Corp—1 28. Oct 100 190 Dec Dec 2,101 1.150 22% 38% 20 48c 4% Jan 28 50 Dec 21% 10 5% Jan . 13 10 210 Jan 28% 3% 8% 300 14 29% Jan 112 8% Dec 14 210 1,811 31 5 ' Jan 29% 3% 1.45 10% -f Sept 28% Mar Anglo Nat Corp A com...* 48c 10 11 Dec Oct Deo —10 8% 16% Gds com..* Bldg E tulp Jan 16 Mo Port! Cement com—25 bt 1.0U1S Buuk 25 Dec 1 Dec 8% June 15 16% 13% Laclede cteel com.-——20 Candy common.....* Leslie Salt Co.— Nov ' 5 Common— Rice-Stlx Dry Nov 21% 101 Apr Apr 15% 256% 94 16 9% :U- 642 4% 310 22 Dec 450 Jan 205 120 May Feb 5 ' 5 65 12 Oct 9 325 96% 14% Dec 1,315 47 Sept .14% Nov Dec a4% 51 16 Jan 6 2.55 Jan 115 6. „....... 270 270 100 Jan 11% July 99% Dec 5% Jan 95% May American Tel A Tel Co. 100 al25% al25 al34% Anaconda Copper Mln._50 a26% a28% 206 33% Series 2. 10 19% Jan 9% Jan 26 Dec 80 : : Dec 87% 32% 4% 9 Jan 5% 16 Hunt Brothers common. 10 Jan Preferred 5 io Laclecie-Childty Clay Prod Nat Feb 28% 100 , 9 16% Jan 50 ; 9% 17% 30 10 9 10 Holly Ddvel jpment 1 Honolulu Oil Corp cap—.* Honolulu Plantation Co.20 Nov 11 May 17 4 98% 7% 13% preferred....—.100 Natl Bearing Metaos com * Jan 12% 15% Dec 9 i-yfi. '25 : Dec ■:v 27" i'Wx' 225 18% 98% Griesedleck-W Brew com.* Hutttg 3 AD com lnternat Shoe com • - 190 4 104 32% 3% 15% 6 Genl Mtrs Corp com....10 3% 71, Dec 15% Gen Paint Corp com ^-.:4 Common.——---—-25 Falstaff Brew com 7 9% ' ■8% 9% 8% 8% .--vs. 105 i Jan 7 5 16% 7 r Eider Mfg 2nd 7 9% May Dec 60 * Golden State Co Ltd _....* Hawaiian Pine Co Ltd...* 7 246 Dec 10 Gen Metals Corp ctp..2% 31% 13% .—* — 10% 6% 1.95 ' Brown Shoe common.—:* 10% 6% 738 96 96 Waialua Agricultural Co 20 102 104 Dec 8 , 9% Valtee Aircraft.1 36 Fireman's Fund Indem.. 10 Dec 11% 140 Oct 253 15% 36 4/' 1.047 July 16 Emporium Capwell com..* Preferred (w w)._*...50 Ewa Plantation C^ cap..20 •14% June 5.805 50% 1,300 15% 5% El Dorado Oil Works..—* 18 470 4% 65 11% : 8% 12% Dec H% M 20% 20% 9% 20 20 1,783 1,741 13% Dec 85 "87*" Dec 13 4% 100 , Dec 29 12 Universal Conso! Oil.....10 Victor Equip Co com.—1 Dec 13% 450 12% 12% Sept 19 225 267 4% 24% 20 43 16% 29% 13% Dec 216 38% June 42 Union Oil Co of Calif....25 Union Sugar common.. .25 United Air Lines Corp. J. .5 Deo 360 15% Dec 2% May 96 Nov . 870 Preferred————..—* Transamerloa Corp......2 Sept Dec 25% Nov 215 Jan May. Sept 17 . Jan Feb Feb 7% 15 V 4% 4. 20% 40% 24 275 18% July 2.70 Sept 14% July 12% Aug 18% Jan 6 Sept 43% Jan, 23% Jan 34% Jan 14% Oct 16% 29% Calif.. * 41% ■ Dec Apr Dec Super Mold Corp cap... 10 Tide Wat Assoc Oil com. 10 May Deo 34% 18% 9% 10 Jan 55 3% Galland Merc Laundry..* American Inv common—* High 1.25 100 8% 8% Standard Oil Co of O ct Feb 6% 3% "r"3% Fireman's Fund Ins Co..25 High Low 11% 21 6% Di Giorgio Fruit Corp— Preferred—... ,..100 Week Shares Apr Deo 23% 21 —* Creameries of Am. 1 nc Cm 1 Week's Range 113 1.75 Coast Counties G A E— 2% Last Deo Deo 100 450 15 4% 13 36% 2.00 Cnrysler Corp com......5 Dec ,, 10 1.75 11 11 Southern Pacific Co.—.* 50 1.85 50% nr 1.90 5% July 8% July 7 41% ~ Caterpillar Trac Co com.* Dec 2% ; 814 July V Low 1.75 1.75 Soundvlew Pulp Co com..6 So Calif Gas Co pref ser A25 33 18% 50% 41% Cent Eureka MIn Co com. * Jan 1.10 Mar r 10 18 78% Sales 850 55 ■ Calif Packing Corp com—* Preferred. 150 78% 'y>v,u \ l*' Friaa, mj Week Shares 10 10 Ryan Aeronautical Co.;.! Safeway Stores Jnc com..* Feb 9% 7% 30 23% 9, both inclusive, compiled from official sales lists Stock*-— 130 104 Dec " • 10% 1.10 common... 1 Roos Bros com——1 4% 5% 16 15 SI. Louis Slock Exchange Jan. 3 to Jan. 1 55 <■ High 2.55 Sept Dec 92 10% 2% Crown Zell'bacb CorpcomS Preferred.. _.—* c 40 750 34 706 3% of Prices High . Low Rheem Manufacturing Go 1 Richfield Oil Corp com... * June 400 16 18% 1 3% 34 17% Unlisted Stocks— Pennroad Corp v t c 1% 7 120 4% 6% 99 103% 1.20 1.20 California Ink Co cap. —* 18% Westlngaouse Air Brake. WestingUouse El A Mfg.50 187 200 . 8 4% 6% Calif Cotton Millsoom.lOO Jan 1% 1% July 1% Dec Dec 3 . 120 46 lc July Bishop Oil Co—... -2 Byron Jackson Co—.—* Calamba Sugar common.20 Calaveras Cement Co com* / Preferred. —100 Low 1.05 May 3,650 2 ' Range for Year 1941 Shares 1.75 2 8 J Atlas Imn Diesel Engine--6 105 Jau 1.50 Bank of Calif N A.—80 3% • 20 Inc.....10 Jan 1% 55% 161 k Nov 20% Dec Mar 1 Assoc Ins Fubd 1% July Deo Dec 1.75 Anglo Calif Nat Bank—20 Dec 6% 920 45 Week Alaska Juneau G M Co.-10 Jan 52 • 380 5% ; *. 106 Nov Anr 35 7% 5%. - 60c Nat Flreprooflng com....* Pitt Brewing common...* 13% 20 95 93 7% : for of Prices Low High Price Pa , 5 Dec Nov Dec 1% 250 - Price Par Republic Petrol Co com—1 Week's Range Aircraft Accessories.—50o 8% .10% 7% Dec 1„ 1,359 1,000 .Stocks—;'';' Jan 25 6% Mar 5% ;t>ec 6 May 97 .7 - High Low 17 % ,58 6% 7 ' ~i% ■ 7 6% m . Weekr 22% ? —» Blaw-Knox Co... Sales Last Sale Shares .. Sale Stocks (Concluded) Rayonier Ino Friday , 1941 Range for Year for of Prices .High Price Exchange Range for Fear,1941 f0\ Jan. 3 to Jan. 9, both inclusive, compiled from official sales lists official sales lists Sales Week's Range Week's Range Last Mines—.'1 Sullivan Cons Mines. . 31c ~~3Ic ...1 2.60 205* Deo Oils—* Home Oil Co Ltd ; _..* Homestead Oil A Gas Ltd^l Royalite Oil Co Ltd.... 2c 4c ... 19 19 25 1.58 May 1%C 18 Dec, Feb I 2.65 Sept 3c 25 Oot Sept THE COMMERCIAL & FINANCIAL CHRONICLE 186 CANADIAN MARKETS Sales Week's Range of Prices Last Sale Toronto Stock Exchange Jan. 3 Jan. 9, both inclusive, compiled from official sales lists to (Continued} Stocks Par — „ Prldau 1 , Sales Week's Range Last Sale , Pal Stocks Range for Year 1041 — X—— Preferred Acme .las—X—• Alder mac 60 c- tt' m - -m Feb 9% Julv 11 %o Jan 1 — Bear Exploration.— ioll...--—■» 6" .1 — 90c -,-J —— i! - - 267 • 17 % lc Dec 7o 1.2 4 Jan 160% 15c Jan 37% 30 Dec 5%0 Dec 11c 23c 9.10 De Dee .5)0 70 345 5 15 Jily 20!$ <i ^. Home Oil. Homestead. "A"._ — * — . Roy al I te. a"!;2-.l 4%c 4!$c 2%c May 10c Jan — _ 54 60 49 - 49 J$ -2% 15% - Xa'A B.a.... Bri D Jan Howey..... Hudson Hunts A........... Br j»vn 1.25 15 1.25 18 !$(! 5)!$c 5*>C 20e 61C 5c 5e 4l,ft55 10,350 5.0C0 56e 5c 5%e 2.70 —— —.1 — Oil. 2.75 300 2 60 Nov Dec 2'$C 2%" 1 !?$ 5,003 2c "-1 Buffalo Ank..a Buffalo Cana'lian 2 :'$ e ' Building Prod - a — — B irliugton Steal. Calgary A Edmautoa. _ 'X 7% .* 10 * MM Can PanAe/s... _. ., * -■! . Canadian Breweries.. — Canailian Oa.i„ers A.. 2d 21)$ 'referred...X,!.-,-- r.25 Cda Cell M9d 190 22 - 47 143 21% 35 9>$ 6 7 ) 8% !XX. Carnation -.1 — — p-eferred.. .100 C istle Tret'i.... 4% — Tru;st. — -M „ 9. Chestervllle Cod e 10 tr 77.1 - Cockshutt , H.uX —xX-X- Cons Smelters. Cnnsum 35 1.72 * 148 5% 115 700 88 V"-' 10'$ 3) 35 980 J Jan Dec 4 M Leaf 1.58 i Mill.. Pref if Oct McKeizie Jan M cLellan. 6% Sept 1.55 Jan 14 1 w 31% May 12 * . !w... Mo ieta Moore Corp. Nat Sept 111 June 145 j in 30 Dec 35 July 3,500 12c Oct 17 %C Dec 8,500 2 %c Feb 7 %c 8e >t 28% 24% Jan X . 205 16!i : Preferred..... -DO — 193% 1) i% Dpm 3cot Inv prcf..- -5) Dominion Steel B._._ -25 Domlnlou Stores Dom Tar p ef.X Jan Jan Okalta Oils. O t 10/% N »v ■27 A ig Ontario Loan Jan Ontario Nickel.—.... A-l 6 Oct Paealt a Oils 81 Dec 4'$ Dominion Wnaliens 87% ♦ East Malartlc. st Steel — 1.90 1.25 "7A - « 2.12 *2*12 ...♦ 2.22 3.15 5)j May 8e Dec 1.75 Feb 8%c Dee '53 X Jan 2.95 Jan 10 13% Sept Da 5 II Det 10 85 J i ie 98 Jib 515 41 Dec 52 Sent 1/(50 2 $ a — 953 2 $C 4c Bsc 60c 17,599 44% Dec Feb 21c D ec X: 7 70 5)) 8% 41 Di'i ■ X27.O10 1.32 2tc Nuv 30c Juue 609 1.97 52# 3.90 Feb Jan Omega— 52 30*'$ 20 027 86c 2 $ 85c 3)c —.1 77'- —. -• - 39 c 5%c —•; - -59 7+7+7+ • 471$ Jan Apr Dec Aug 5 3 • 8'.!$ Mar 39- Dee i- 31o Jan Pay master Perron... . d.. .1'. jL 9'Jo, Sent 2% Aug 56c May 2 )0 35) Jan Sept 753 Dec 105 46,900 3 '$ 1.88 — ' Dej 5o 6 113 Sept Pio neer i. . . a 7%c Nov •». 15c Oct 23 Dal 95 % A >r 4 4c 103 ' M iy Sept ,2 c 80c Dec 23 Dec «16c 1.31 *1.65 Jam • L590 •:-. 40i) 1.35 '■ * 77 -7 71+ 14% 14% 2.25 2X25 2.35 ..... — A1 Jan 24 Ma- 54 .-ept Dec :?2.28 1.0) 2.W5 AUB 4,90 Aue 10c 87.500 lc Sent 6c Nov 9c 54c 2'2c 22: 365 r" 20; 5)) v 29 F 29 5) U 80 ft * a'! 10'$ 490 • May Sept 39 3.10 June 37 Jan 5,15 Nov 15 _* Ai— ——« Wright 50 '$ 21 May 19!$ J U be * 153JU 53' P'eb 28c e Dec Dec '28 Jttne Mav Sept 1.25 0X0 Deo 1.69 a Jan 205 205 x- 12 Nov 13 4 Jan 2.25 M .v "2.65 Auk 100 1.90 Dec "2,55 Aug 14 X ' 75c 74 2.51 2.80 -3c 75 12 Aug 51 34" 74 4,460 2,000 ■y 1.15 Oct Feb 4 '. J Sent, 110 1' Sept Nov Dec 2.25 > iV, 3c 1 984 7.00 l)e- • J A3 110 July Dec * ,8c Maf - Uc'd...-....—...... War Loan 2d 39 99.4 39 994 A. ——-c-— 99 '$ S599 4,000 38 )>b 8' 994 Nov Toronto Stock Jan. 3 Jan. to Exchange-Ciirh Section both inclusive, compiled from official sales lists 9, • Prtda) Sales Last Week's R Sale Stocks- Pa- , Price Low ... Wet of Prices f "Ac, Range for Year 1941 ime Sha'et, High lei'p v Hig'i ~~ Caa Bad Brew.'—i.-a j..* Can Vi icgars 159 3H Apr 6!$ July ■ * Vi 5) "• C.iudl 11 Marcj.tL ...1 Coast Co pper.—w a—5 Cons Paner..! a!a* ■D U 5 r ' * 60. 8 ' """3 " ipt-de.. i—:i.A aa4-:M' pref.--19) DO M5j De. 903 De. - 2,131 .1,200 22.4. >: De Ha vll land 24 75 8) • -193 ful.V - 40j J i ie 51 Apr 20 '$ Apr 21,70) 23 June 21.4 Jt-e 1,209 Mandy !..! 1 a z - *'*•> •« Montreal power—!»j— Pawnee Kirk1 i........ 1': Deo < 1 In 3teel. 1 _...—Z-* Feb 213 2) 101 " •1,019 1,800 "L81 Pend Orehle.i.....1 Supertest ord—..! 19) 4 O Jt v 1.25 Aur " 1J Ntv J w 3,775 , 200 ■295 2.53 Hirgreaveo......' Bond*— 125 74 Ymlr Yankee..—a -' '. 1.15 1.15 115 — ; Jan Sept 54 1,196 Flpref. —.A.1JJ Dls ief 3.650 90c 2c, 17i ■- 144 40 4 5,420 D).n B;id?e.—a—..... FrtAthitli.; 2^— 10 16c: n Jan > pr "• 10 20 4 .... Jan Mav . ' j EngrX. XL,. a . w i Pickle Crow.k... 155 ; 1,350 A or 18c Drfc 2,0)0 102 85c ...1 ,2c -.1 77— —1 1.31 + 574- Jan 2,600 9%c 3c 102 ...... Partanea M Dec Mar, 6.>9 103 8%c 2 %c . > Ian Oct 39c 2?$ 3,965 10 51a 2 .A pr 3.70 1 — Oct 25a r> 3.910 . 5l$c 198 00 293 May 4'$c Dec Dee 94 • 30 4 June 3,750 3.50 ,. Jan 451$ •10,830 2% 83c - + .. i!. _— La* 3c Page HerBey..-;.—Ai-17* 77777' 7 Pamour....—,. 71* 85c Ph oto 1 Sent 51c Nov Aug a Jan 1.77 : . Feb 4c 13 23c > 10 34% , 8!c r _l_* 7777 590 Jan Feb 8 J ' ■ Nov st 3MH1 4c 12'$ ■ 25 14,08.3 3.25 Jul, 2!$c May 1.91 Dec 1,000 38c 48 J$c Falconorldge " 11,750 12 48 c —1 9% June 4 5,000 27$c «. Dec 82% 38 9!$c 2!$c 12 - ... ! 5 9%c - Eldorado— 2.5 87% 1.00 "111 - 4?$ 871$ . Aug ik - . July Sept : 3,50 ~~3K — 23% - Nov Sept / 1.5 JO 48% July 22% 6J$ Aug -12H 27c 21 %c June 104 4!$ Jan 1.35 48% 82e 17 53 4 May 34 N>v 1.04 % ■•■" 21 %c 183 34° 7 I 8H 44% 111 1 Nort»Star preferred. .-5 -^7-7 O'Brien 1 7-7 77 —...— 63 V'2 61 36 35$ 4 1.2s * ' A-X* — Jan rx 2)/ XX 205 4X. 8% 34% 7 + Dec 25 '21%, 6!$ y * ... Duquesne Mining... 21% 0% *100 . East Crest E 2 4% IV 25 10 12 43% * 15 200 Jan 65 1.30 _747++ * ,.'i " ... - = 1.80 : Mar 3?$ 3)$ l.U b v......:.': Prefer*ei.i 103 Jan 4.30 .150 • 25c ; J 8 13% 26 Dec 91 a 1 *. - 213 11 18?$ 18?$ 28* «r 7 3% ■ Dominion Founury M 8/c M i: 5 2% 96c fl2 X 77 '7 1,241 19J$ 191 Nat Sewer National bteel Car.. Naybob. 6,900 53 44 43% Normetal Jan -25 N oranda 18% Mav WM A'-'-* Petroleum..a. 23 .54 July W Can .»« Dec 1.35 Dec 41 \ Pent 3% ^„- :f: X—1 32!$ 2.35 Nov 1.04 20 2,18 Wi I EEC 2.96 99" 320 2,350 4.80 Sept L 76c Jan 4"4 21 Westo is.a!!!a—i! Dec 3.75 4.50 Jan M iv Dec 454 Jul'" 483 Dec 2.08 L59 60c l.in Ja ILK 454 2.10 Sep: Fell !.* preP>rTd..... Set t 80c 1.1 ? !.. . l.' O 94 5c 94 Nov Apr An 2.50 f-t'l 117 354 Mar 14 '{• 24c .Ma- 50c May !.,!a^L!aa. IA Dec 16,420 7 X 12 "44 * 38 4 4" Dec .. 110 -■ Oct 82 ■"'■i 4 'c • 1.90 4 4 c Sept ' • 2.90 10^ . 2.09 ••1 Dec ' 41C ,!'a'!;!* Nov 1.68 2% vx: Woite Amulet.k Wal'cers .• i, Jan 'Oct. .'1.85 1.69 1.5) 1; '2,350 2.31 1.90 a!%; 39c Dec 190 114 4Kc 10 pref. --59 1.25 ; J ne 91 „ Jan 2.51 7 . 4 1 — .... Mining Corp........ XXX * Jan 41% . 12 22 4 3% —-1 ..... _ Jan 24 59% XX 4 Upner Canada! : June 90J De 4c 10 ■••94c 2,400 1,835 1.01' b preferred..!!.. —25 Oct 450 77+7+7 & when—a as — 1.04 * United Steel.:—.— Nov 430 2.15 7- 1.69 I . «'•. .41 61c 70 United Fuel J n - 1,245 •6,272 7777L + M09 7++77 J '.i;;; Prefsrred.X'xXw—./.v M00 Mclntyre —6 - 15c 11 ' * :om if as & w.»ett— McOcH 59c 7'17 - 53 50c 51 %c 2.22 - 2.20 ...* Ma^ey Harris pref. 15J$c 17!$c 4e 43$e 231$ 25!$ Dominion Bank.—. MOO 1.58 77 - ...1 1.04 Dec 9 * --.1 ... M Leaf Gartl.. 1.87 3% June 04c 2.76 :XMX1 21a May Jan 1.10 May 45; De 4,200 25% 23% 2.70 Mal.irtic G F.... 92 X Aug 57c 25% 23% 2.70 Madsen R. Lk... Aug 1.95 3,3f0 '.-j. Oat Dec July .3% 600 2o+% 7 950 Mar A ig 7o 42c 1.32 » Nov Dec 82 42c 1.30 . .77.1 —... McL Cockshutt Sept 1 . 7 7- A tg ; 6 l$c M ir 9 May 109 1.30 ...♦ X ..k _. 9% 1 — —— Macas8a. 43 * i— v 7% 6)3 299 ;.y. 9 ■ 123 * 3 K .. 3 , 2.91 26.5M 4, 80 Loblaw A Nov . . Sept Sept 120% 4,000 X$c H^c X . 9% 3 v. 12 4 70 75 81c '.Mai' 3,099 ;. L9P 2.15 2~2(> Uchi G"ld——a- ...-1 ■ M .. .1.5" "• 19 4 Ve it ires u !—i. 500 48 - J 70 Vermhata Oils.. ...L Vulcan Oi.s......... 305 ■>' " Mat 66l$ 65c .1 — Union Gas..a Jan 9 ! Det • • 4<>4 Jan 5.15 Dec Ac May Mm 1.94 ..4 . Jan 8c 47% w 1.06 . Dec 10% — Dec >. Dec V21 8c 777^M- 50' . 46c 194c .Feb Oct 50c 1,53 1.94 ...1 ..: .. a * • Trans mntlnental Res Twl I Cltv .! July Mar Nov 59 4 49 4. Mar AM Fept 6fto 6c 55 Toronto G»n Trusts...-10,1 Sept 11 Feb 5 . 6A$;" Nov 100 "lc 200 Tor Elev oref.^.Aa59 Apr 3 -Ha • aug ''' » - 3.85 10% DeJ 1.25 9 3 05 9 "Dec 7 ; l)ei 17c J*un " 8,000 45 624 134 13 4 10 ic 10 4 c :::::! 101$ -X.3 ±7—7<*n 25 "7 77.7 X ... .... » Texas Canadian. Sept .'463 . _.... Tob'ir n Sent. 16 Deo Feb May '..45c Dec 6.600 67.200 ■i 146 •14c 362 —1 7-7+177 — i preferred—— 381$ ie Dec " V '704 W 1 41 1.72 L85 10,000 1 common.: Teck-Hug'ies. Jin 1.15 Sept 54 •69 1.72 254 ; Lapa Cadillac.. ecor 105*. I '$3 June -2,700 * Jan 45a June 1.60 5 132 16!$ ... 4M5 Dec Feb ■ Dome 111$ 4.15 Nov 117% June 199 500 38 23?$ X 59c 10% -loo 3% Mar 4% 55c 32?$ 4'' * /56c 10% Li id B & L_....... 21% Mar Dee 118 1) 1.30 10 * ... 56c —1 Jan Laura 301$ Feb 5 :. - X; Leg are Feb 3 83 3,750 32c 453 4 704 "!:;C-25 ite.'.. Tamblvn Dec Sept Aug 13 1$ 26c 16,470 19% Feb 55$ „ 77.1 Seagrams... 4,5 130 '! De lis >n.._— 3 '4 1.41 3S>$ XX. I .. 693 291$ Ju 660 8 .! 4.30 Lamaque G... Mar 3,54 2c X '22% Dec 2 3 K 130 Davies Pete.... 11 55c .100 Distillers 75 510 1% 6% 8 3.90 ' 10% 3!$ 8 "*1*6*" 77.5 X — ias. . Lake Shore...——i- 126 - Crow s Nast Cnal-.-_- .100 Kirk La;e_ _v.a- 2c 8 4.00 X Dec 110% May 1) 2- * V-.M Little L L_—....... •5!$ iL'^* • Doc .V ■ K Jan " —1 Aug 17.* Cnns B Kerr Addison.—. Sept 3), May ftlc ...* Conlaurum. .x, Kelviaator Aug *- *1*43 1_. Jellicoe 29 89 7 J in Dec 28 1.25 .109 XX 3.413 De.. ' 55c C iateau Gai Vv l.ies.-- 1.804 49c 9 4 ..! 4 53 10 47c Straw likci.a!a>..a Svlvi Jan 17 May ' SulltvaiiA——a.4.a- Jan 13 *i'1~ Jan 6 % t,2r»0 13% 27c 29 %c May 119!$ 120 1.26 1 — 36 % 13% 1) !$ UA-1 Central Pat,--. — Central. 'orc.r.:XX.C .artered 34% 27c l. . . Sudbury Basin...— O-t 10 % Feb 93 r»aV. •} Nov Dec 30 /V '•■.. 90 13% 20% 1.72 ^ -x. ^ 7% .X96 Dec 7 ' 95 Ftaf3fre ia'aav Steep Rock Iron •201 2,0)9 34%- 3 8!$ 8% 122i$ 12 m 5% 6 125 - 7711 Dec 163 3?4 6 -25 27c 2% 83$ 11% 555 7 4 27c ."-'-♦ 60 Mt 12% 7 g. — 961$ 121 12?$ , Lei t c h i _ 122V ... Cariboo 'w „ Ca na .J Ian Loco nntiva. 7-1* MO) Canadian Oil pref. CP R Apr 3?$ —X>* 5 - 2,667 Steel Gap.. • Jan 59c June 62c 36 62 Stand Sept 57 21L International Nickel, 1.50 .18% Ja; 8 % Mav 135 12 - —. 9 7"9 62 Jan ,' 8 '$ Feb Feb 12" 7 ' : • 0a Stur reanr..—.^! 51 Jason Mines.. 1.5) May 120 - „ ...... >o ord..!. 8% Preferred—— ...£1. X"a»'.'— Inspiration— a-a-—- M--1 L—XX Int Met A———„— —1 MX 7% '"■> Preferred -100 .XXA-A 22 V£ .11* ... 9 , Sept 47e Stna-t.oil.-i 192 155 5.599 34c 94 Jan 2" Man. "V Jan ; i5c "Dec 89 89 .2«e . 2.65 -14 c Sent "4r 6 - 2^$c Sept 8 % Sept Feb 33$ ••••'. ' •' 44a 30!$ 171 V .. ! 204 * * - 30c Sept Sept De 90 J an 174 1.519 .> 34c 30c Jan 122 55 '203 Dec 7% Mar 60J ; ' Canadian Dredge.... Cdi Ind Al A * 8J$ 53% - Feb 3 >4 '■' Dec 2.67 1 4,.;* Jan I" Aug 4e 24c Lept .43% June 8,28® '95c 44e <"*/»; 3 3- O -t- Nov 231$ 135 Mar , 39 Feb 59c fcept 49 ... Imp Tobac 7 A: ' 14 8 'e* 24 14 • 4.600 17e 13:4 89c " 2.00 4c': 24c 15c 14 166 ' " Jan 18c 1,830 - .. *1.90 2 O.t Jan Dec 22 May July 15 "i5e 1 Deo , 15 4 Jan 6'2c 13 4c Sept . 148 135 Jan July ■5s •v: 'Slave Lake.1 Dec :.;18H ll'4 i 2,0; 0 8% 204 .... 26!$ . "referred 136 1.57 May 29c 28 % ,.190 A'.'LXA 22 * Jesc—L-..-- Dec 3% June 17 203 5!$ 22 120 5.475 inter national Pete... 195 9 5% * 7 92 4 % 315 153 9 — -•—. Feb " June ••■ 1.90 ■94 - 19 4 305 18 May 34" 6,600 -34C. Dec 2.99 -•*'225 1.25 July d 3a . Aug 3.60 De IOC 30 5' Man 95s Feb 233 0 Oct 6 :. 4e, "• Feb • 15 South End Pete...-AA-'-!* Stan Chem.!,.^A,..,.AA«.-* 8a '12% ... 22 ;•( .A . '4,401 03t 'l4%c Apr 9 80 2.63 19# Dei vy 519 Jan . 1.10 6c June 8 % 11,320 2.9.9 °impsons preferred, i!. 10" Slsoe Gal i_.•_. i IA.. 1 31aden Mai ..!a..-vSi.)' Nov 3% Dec 2%c • 4%o -13,59) 6% . 45c Dec 225 F:i53-« --■■F 19 3c .! * a— .a.a». i-i i ! Pref3"3e(t.$i.e-aa!. -V Jan 15) 2%/Apr r 1,664 2.51 Jan 5% ; 2%c 26% OO [inp OIL... " 30 J$ 30 DO * ! 1.00 Jan 280 i 59 1.25 „ u' 30.>4 ."i00 Can ad i an Car.v. u' r. * Canadian Bank Oom.. B 1 * - /Pref-rred 1.49 7% 76 70 81$ W% 61$ 21% Deo Jan 25 135 m Apr 30 86 -50 Apr 19% 103 "... 198 123 "123" * —. 6c 15 V$ 1.05 May 90) 5 4% 85 Jan Dec 115 1.20 105 105 * Mo'tgage.. MOO Preferred.-.—-Citii dan Ba teries / 4'$ CCM pref.. Can Perm 1.15 5.95 10% 20% B_ Jan 0 395 ...... ■J*' Imp Bank 9c X Apr 5. >0 .... Pherritt Gord;. J— .Sil verwobds'. li Se t 9«$C Dec 651 June A 2,5)0 6; 209 12 * Huron & Erie... Jan 4 Dec 12% 465 ''X 8 8 1.20 Canada Cement-----. Can Steamsliips.. 1! 1! * - — Oct Dec De.i * . 1.59 1.10 Mar 5c 2%e ; 2Qc 19c July ..y3\L 3,400 1 >c ...* 2% 2.23 15) 5 55c 4% 1 ..... Bayj——a—. Jan .'34 2.70 '• 13c >-2,400 22 .!!..L_—..59 9ha wi nigan ^ .Jan 37c -2%o- Dec 315 3'$. 1! a 19% Dec l>« '$3 4 T.17 May 55" 31 151 19 _ Pan Antonio..-- — ...a:) Pand Rivst■_if'.• 'ii 1' ■■Senator' RouyiL-! ix&t iii-if .Jit June 625 1.5) •L- 80 10c 3.400 :x s 55c 10% ' 20c 1.25 i 1%c —------ Oil— >m 3 3 ' Broulan 3c 3.00 X 3% 2 %c ■ •■i.A.:.. 35 % Nav Dec •«r-'3% Sept 12"' 950 20 c 117.5 • Dec "■--■•-50 1.59 • Dec /;■ 1% n .■ 14c . 12 • 76 3% 2.60 v. 63 4b% 250 - •'*. 10c A . ,? 47 ■ 2%' 15% 3% 2%c' 2.60 * 500 8%n >* ' 2%c — Tii" 8t Anthony!aaa!.1 St Lawrence Gorp——v! 3c. .July >34 12c i- Rnvnl Rmk.i...101) , * 524'c June. 69 ' 35! -13« R'sidcSiik. .'I-!!.--.!;.''. Jan Sent 7*$ Jan 2.60 Jan 00 Feb Range {of Year 19.41 2,609 3.10 4c •' •'. 4'f v.. 2.83 "35" G"id4 Aug 14c ..I../. L XX M Doc. Got. " -4% 2.90 1 . July 2% - 11% 70 51 a - 13c -A.l — 6 *<■ . ..... - 41c . - —. 26 Dee 6 A--AA. ■ B C P>,wer 73 6 Reno j *a — Dec • July 9'ttv J 'b a . L>ec AAV.'.. Dauch.!—.. Sept Dec i 17o — Hollinger—_a—— 8% 18% June 19 55 836 ! 13 Hi ide 4% 120 x. t Sept 3 %c 7777 High wood Jan, 11% Mar 30 11% M Jan July Pres to 63c 18 57; 4 Q'temo .'.!* O veenston Mines..-k.,.t!.l 19'* Deo 3 4 57c ' ...» O Apr J dy 32c ~rT7on 3 "•• Oct 145$ 15% 5 MetalSi,—_a—a 3,700 "111 i Hrd 0 irnets— H 4*ker.... . Pr ; 7,010 LX-i Hard Rock Oct 2.50b 1,030 15'$ Dec May 137 Jan Dec 4"AI.090 ...* Mines..—.. A-l A.X* Bridge. eatre.— -ft 3 ■V ' "'"75c \ 75c 75c -a-a—1 .A— frir Mi Week \ Shares Corp^-A—.—ils»;—* 3!$c 20c / H imilton Hamilton T Prem i «r. 3%c "ft**" T'r1 „ nil Halcrow Sway!'-..... H qleor Feb 1.099 7% 20 %' 15c Fob May 03c 187 7,600 .......... Row Jan - '1,928 73 54 : A' 10 Jan 6%c xRapOf ti&p'm Price. Powell Ron.-—r_ Jan r':»6o 25 „-i- 28 Nov T%c June 2 %c 5 )9 . Pd 10c llh — Dec 14 % Ad 20 %L Oct 3 090 Week's salt: i sn- 3%c A- . XX-X* - Aug x lie Nov 16,500 4,275 9.30 17$ * 283 Oct 7c 10% June 0% —I* Jacters.l.— Gy «tim 9.00 9 0.) B A OIL———- Gunnar.. Jan 11 6KC;' 7c 27c 31c * --- Jan 193 Mar 50 ft!$c 31 30!$ " _ -. Brazil Trac-...— 8c Dec 3c 171 Preferred..... X- 1°1 e*,T' 'T' ' Stocks (Concluded) Ulah Lon> 15% 15% X .'...75 38C 42 %c 4,100 3%c —59 — . Lake vot trust. Great ■V ■ Jaies Last •' : / lie -A* Preferred.. 1.609 6c 94c ft'-c -a.... x-l Jan Jan fai.Year<lH\.t 3 %c 1 i... " 10 9c 90c : ., 9!$c Bpbjo.1.- ...J 2.45 16 %3 14 4!$c Blie Ribbjn p.'eferred -.50 Bone,taI M inns. Dec 5 !$c J t ie . .149!$ : 140!$ 150!$ .100 Bell Phone Bldgood K.aa... *1*43" 270 9c 14 !l — Aug Sept 20,500 270 * . 77.1 — * 11c 3% 5 6 "Hi 3.15 5c 197 GUlles Lake-ii . Rante ; ■ ' God's Lake.w—*..... Apr 100 4!$ 5 Golden Gate.!....... Jan- May 4,09b 1,990 2,800 ...1 - Sept 81c 2.00 1.47 4!$e — 10% , .A'A..- General ^teel Wares.. Bept Feti Apr 7 v -a,--- Preferred.....—.., "M6„ 3?$c 5!$" 187 .1)0 Ba nk of N 3-— 8c 4!$ 187 24c • 46c 7>$o June 1%C 2 J$c 15% A 38 e GatiueaU Power...... 150 2.65 5!$c 1 . 47$e .100 Base Metals.—- 100 3,060 1.41 4!$ 1.42 — 55 55c 2.65 7?$c *. 5!$c Bank Mont..— Bath Power A *. 1 Bankfield--.a—! 15c 8'$ 55c; * • —l — r-a_- — 14c 8'4 , 40 1,090 6 !$c 1.15 Sept 22 3% 15% , * - for Week 1%C A.* — Pridag • shares' High 20% 2%c • ^ vr 3% A Oct 55e i ley..-.—.—---. B lg vnac BC Dec 4 6!$c - 8'4 L Aunnr-. Bralorne 50c 740 14e — Arntfield.....— Beattie 200 7 ■" •yljoma Itnel.-..!_.- __. * Ahglo-Caiiadian..... .!.* Ang 0 Hur.... — Ah 60c 5!$ * _ 6%.- 1100 20% 1 — — High Francoeur.. AbltlbL _ —. Ford Motors A__a—Low Shares High A Low X..M .... Fleet Aircraft Week of Prices Low Price Fernlana fot 1 Fanny Farmer......!, Fed Kirk—_L——i ;L Tr"1 ~ , Price Tuesday, January 13, 1942 ' Listed and Unlisted — frldai * - ■' * No par value .: a Old lot s lies. 1 $t-sti>3k dlvi lenl : c A J nlttjJ to un -. listed trading privileges, d Deferred delivery, e Formerly the Natlonaf Bjrul & Iuvd8tma.ifc Co. / A liq'liditi ig dividend M *18 a shan» wan paH nn the c>*nmon stock of the N ibeo LI I'tidatlug Cv. r Canadian market. • s Cash sale—not Included in range for year, Ex-dividend, x g Ex-rlghts z Listed C f In default OVER-THE-COUNTER SECURITIES Quotations for Friday, Jan. 9 Par Investing Companies Par Aeronautical | Rid 4 sk, 6.64 7.22 2.0 114 2.41 2.7: • Investing 10c 7.79 8.56 ' ke-Houghton Fund lnc.1 Stock Fund. 9.76 9.2.a 9.8 J —5 22.10 23.76 pref. 1 154 . Basic 1 17.8 5 10.48 coav ■ Series B-2 Series 16 13.85 44 -2.8 Boston Fund Inc....... 12.28 13.20 Broad St Invest Co 1 18.no Pirst Mutual Trust Fund.5 5.04 5.59 v series... 10e 1.60 1.86 : 2.75 3.18 Fixed Trust Shares A —.10 8'oundation Trust Shs A.l Fundamental Invest lnc.2 Fundament'l Tr Shares A 2 20.0 Bullock Fund Ltd .1 11.25 2.55 3.15 24.33 B 2 ,90 Fuud— Commonwe .1 8.86 9.5 ltn Invest... 1 3.24 General Investors Trust .1 Corporate Trust Shares.. 1 26 3.63 3.34 23.08 25.78 3.91 4.26 4.70 Automoblle shares..... 3.02 3.34 6.3/ 7.01 Group Securities— Agriaultural shares.!a!_ 28 Bail ling shares..... 3.96 4.37 Chemical shares........ 5.28 2.09 Electrical EquipmentA.. Food shares........... ...100 244 5.57 6.13 3.93 26 4 117 slices. 4.72 5.20 Petroleum shares BsUaresi..10 29 3.91 4.31 R illroad shares., *7% preferred— _*_•—100 2.58 2.85 M2 ♦Common Cumulative Trust Shares * 31 * RR Equipment shares.. 3.06 4.14 3.5 12.92 11.29 7.75 8.53 2.68 ... 1 15.15 3.38 ■ 4.58 Tobacco shares........ 16.38 Diversified Trustee Shares 2.85 D. — DivlJeud Shares . 3.32 3.67 ♦Huron Holding Corp...! Licome Foundation 4c 12c Fund 2.50 4.15 4.75 '25c 97c 1.07 7.00 7.70 Fund Tnc 2.o0 3.20 15.8a 17.0, 74.36 7.4, 8.0« 7.68 8.39 75.85 7.0, 7.73 .3:17 limueer Tr.tsk Fund.....* tl .36 12.0/ lie 130 Utilities lnc.50, ♦State St Invest Corp— !ui>er Corp of Amer AA.. 1 >. <CoL) ser B sfures.X * (Md) voting sh ires..25c National Investors Corp.l National Security SeriesBond series. — . Income aeries-—.—. Low priced bond series.. Preferred stock cedes—.. Trustee Stand Invest Sim—, 2.72 4.4/ 4.8a ■: New England Fund.—a. 1 Inc common.. 10c incorporated Investors..5 Independence Trust Shs_* 1.18 12.65: 1.77 1.28 13.4) ♦Series 6.37 3.69 4.10 4.98 5.49 5.7S, 6.4o 10.17 Class B'-_— ...25. 3.66 Aviation Bulldl 9.4/ 6.93 4.04 10.41 -8.89 g Mactii .ery Oils 4.57 8.27 C No par value. • " 16.69 B — 12 61 —1 6.6, 9.5u 10.50 7.4. 8,15 6.70 7.38 33c ♦CeutrM Nat Corp cl A..* ♦Class B_ - — * ♦First Boston Corp.... 10 20 " 1 90 »$" __.'.!_.6 or Issuer, t. 47% 37% National Fire..,. ..10 National Liberty........2 58% 60)$ 7% National Uniori Fire.--.20 Mereh Fire ASsnr coin . _ New Amsterdam CaS i. New Brtl 7 8 132 157 19!$ swlck.X!!.—-10 31 H 44 33!$ 144$ 24!$ New Hampshire Fire 10 22% 27% New !5 "133$ 21% 21% 23% North Rivcr-X.———2.50 ■'.23 H Casualty. —.5 _.. ... of 43 8 Pacific Indemnity Co.'.. 10 4 .10 >% 47% 119 Ai 114 Fireman's Fd of flan Fr.25 105% 62 % 8% 00% 9% 22 Fire....—— .5 • 5 2 ' 12M- E*-divldcid, ' 8% 9% Globe A Rutgers Fir#., 15 8 J$ .10 2d preferred..!. 15 4. 63% 67% Great Amer Indemnity... 1 ir 9% Great American... „Z5 26% 27% - Halifax..'. i'.-'.X.... .'j. 10 Hanover 10 Hartford Fire.!...!, 10 Home Fire Security ... .10 Rei isurance COrp (N 15 5% 20!$ 24'/, Y) .2 Reiuiblic (Texas). X.-!!. . 10 28"$ 2a !$ 268 42% 55e 81% 33 Vs St Paul Fire A Marl ie.62 h 40% '■ v; - 32!$ 3 24% a 861$ ■ 2!$ 26 F.Jls 40 ,13!$ Provldence-Washibgton .10 Rhode Island 23% '8 X—-!.10 Preferred Acdldeut...'. —5 Revere (Paul) Fire 22% Globe A Republic., 12 6 '"38- 42% 10 13*89 ' 118'$ 122!$ 29% '28 '40% Georgia" Homo Gle , 121 " suranceCbrpS . 5% 98 94 „ 46 ' Firemen's of Newark. —.5 — Plioe ilx.. 4% 12.50 0% 61% Je/ierd Rel Northeastern.. 6 N ort her n... Northwestern " National ,25 Pacific Fire...... J.X.__25 40 Phlla—_.;.10 1 — 25% v, •'•■"•'A —.5 leral_..r.J!.. Fire Ass York Fire...-.X 33 31 Fire..—2V$ 1 18!$ . 20% 25% Eigle ' 2 . 10 Hartford Steam Boiler.. 10 -♦ Quotations not furnished bv sponsor 23% Glbr Jtar Fire A Mariue.10 Banking 1 22 % 623 a Investment Corporations ♦Blair A Co....... C.ieualty.!.X..10 6% . 6.00 7 % 12 5 62 - M.tS — '51 !$ (i% A*V--A 14 11% Wellington Fund 61 47*)$ 35% Fidelity A Dep of Md.—20 7- 7 71# 15.27 ........a.. — 68 45% Franklin Fire.iV—— :x j_5 1.99 ♦ ■ 30c 63C U S El Lt A Pr Shares A—. Bunding A lns.X12J$ 4$ .5 600 Fe •a -/.36 4.14 7.52 supplies ElectricM equipment!.. Insurance stock 4.2 ' 2'4 Merch A Mfrs Fire N Y.i.4 Bos to1!..'i.—..100 — ft 3% 2>$ ' ' Employers Re-Insurance 10 4.38 4 Mass 39!$ . _. Natiomil 11 ...10 Camden Firex:!l . 13% 91 Excess. / Trusteed Industry Slis.25c Series 629 Automobile.... - * 10.97 N Y Stocks Inc— L Bank •> Trusteed Amer Bank Slis— Union Bond Fund sen B..s Agriculture 1.78 1.68 1 6% . 1 Fire...5 Maryland Casnalty. — I 46% ; 87 Conti cental " ......-.1 ♦Series B. 5 Amertcan.'..2 V$ & Shippers....25 Carrli *'.C——. 1.8/ rrimtee Stand Oil Shares— ♦Series A 5.79 Cfned % City of New York:...",. 10 Connecticut Gen 1 ife_i_ 10 59 55% 1 19% 11 10 12% surance.10 • '♦series C..W,———Vl l.Oi 23% 79% 44% Newark...2!$ Vutomobile— " 92 c 22% American Rese-ve...,_.10 American Surety !———25 Bankers •36?$ 8% 31 >$ H 47% 'G 77% . Jersey Insurance of N Y.20 Knickerbocker. .XX—,. 5 B Jtimore 5.72 nut '"76 27% Home—!— -10 American of American Re-I Homestead Fire..;•.i... 10 Ins Co of North Affier..l() 58% 10% 4.80 30 _ >% 76% ' 10 Asii Bit _;. 5 .. 2 ...25 ,17% 3.13 Par Home..!....!.:- 46% J. .10 Am Fidel A Cas Co coin—5 1 taudard ! x. !. American Equitable... -.5 3.96 .elected Income Shares..] . . 2.80 ....... lovereiga Investors _—..... Ask 122% .126% 37c American Quarterly Inc Shares—10 Republic Invest Fund—.1 ■Jcudder; Stevens A CI irk 10 12.0) 11.2;, Fund—— 1 •(elected Amer Shares._2!$ Bond luc comrnon.L,10c ChemicM Delaware Fund 2.98 4.33 Mi .log Crum & Forster I lsurance (Geo) LI fe. Agricultural.. American Alliance.. 32. Plymouth Fund Tnc—.10 Putiiam Aet na 1 1 .rj& . 7-' — Aetna.!-:'!X'!!!.,A..,;"ivl0; 2.02 1 i... i.it 11.7J Mutuallnvest Fund Inc 10 7.44 3,75 General Bond......... 2.09 6.76 3.40 Merchandise shares *8% preferred 1 10.2., . Maryland Fund Inc—.10c 5.81 1.74 1 .8.22 Series 8-2—,aa Series S~3— Fund «:■• 1.87 Series ACC mod 13.4b ........ 10.8 . .1 — Bid Par Aetna Cas & Surety— 1./6 4.21 1.74 Crura & Forster com.. 10 14.41 7.47 Mass Investors Trust.—.1 Mass Investors 2d Fund.l Series A A mod ♦ I )58. No Amer Tr Shares 1953M Series 1.955. B-3.x-.__.__: Manhattan 4.39 1 1 • 15.36 Accumulative series... 1 Series AA 1950—..". Series Nation-Wide Securities— 3.52 Consul Investment Trust. 1 Series 24.91 Series S-4 3"35 14.02 Aviation shares........ Century Shares Trust., 29.8i 6.04 -80 y* " 7.26 * 26.16 General Capital Corp... Chemical equipment-,.. 8.46 5.56 Companies 3.40 '5.04 No Amer Band Trust ctfs 18.00 8.28 SeriesK-2...I........ : 12.33 Canadian Inv Fund Ltd.. 1 — Railroad ...... 6.88 3.0/ ... — 22.74 a Series K-l 14.90 I tsuranee stk series. 10a 34 ie. Insurance 6.2: 6.48 ... Railroad 27.18 Series B-l— Fidelity Fund Inc.———* 2 4 Industry Shares—10 1.2, Metnls Ask BUI (Concl) 16.56 I Series B-4_. Biuk stock ♦5% preferred 1.0 Keystone Custodian Funds Fiscal Fund Inc— ... 81c Investors Fund C 5 4)$ 16.42 Equity Corp S3 1 —.1 — Equitable Investment Corp (Mass) Bankers Nat Investing— ♦Common..—. 14.29 73 ( Insurance Group shares. 17.01 13.04 Investm't Co of Amer.. 10 Balanced Fund... — A 16.00 Par N Y Sto ks lac Aviation Group shares.. Bank Group shares. A sk Eaton A Howard— 13 Amcr Business Shares._.l Shares...2 Aviation Capital Inc.. — 1 Rid Par 2.2 Inc.-.11$ ♦Amerex Hoi 11 ig Corp. 10 Amer Foreign #> Steel Securities.. 1 Affili ited Fund Assoc Stand Oil Ask BUI Institutional Securities Ltd . 10 ......... "■ 42 M 445$ Security New Haven.!.. 10 40 '$ 42 '4 7 H . standard Accident Stuyvesant. 10 '..X. 4ft % 3 4 8U11 Life Assurance.... 100 190 220 % 265$ 90% 43% 935$ U S % 46% 1 '. MW 5 U S Fidelity A Guar Co..2 > 9 118!$ P2t 14- hprbutfield Fir# & Mar.,25 Travelers.—X _X... .1100 "361' 2 4 276 Seaboard Fire & Mariae. 10 SeabaaLd Surety ...10 U % 10% 65$ 371 • 23% 25!$ Fire—4 U S Guarantee——'— .10 40% 48 4$ 7 on 78'$ Westchester Fire,....2.60 3 37 '$ — " ■ THE COMMERCIAL & FINANCIAL CHRONICLE Number 4032 155 Volume 187 OVER-THE-COUNTER SECURITIES Quotations for Friday, Jan. 9 New York Bank Stocks New York Trust Companies United States Rates i Bid Par AsA; Par Bid quoted Bid Ask Bid 48% Irving ..10 10 13% Kings County...— 318 308 .10 Bankers Guaranty- 46% Bank of New York.... 100 County.........35 Brooklyn.. —100 Bronx 54 „ : — 35 37% 50 : . . „ 25 » . 8% TrllO 10% 31% Corn Excnauge Bk & Tr.20 Empire 4, . . ........-.--50 Fulton ........ Fifth Avenue 53% First National of N 25 os% 71% Merchants Trust.12 Bank & Trust---'-10 2% 22 26 New York*— Trade 11% 44% 14, 1042-.—. Jan. 21. 1942 10 Jan. 28, 1942 44 50 Feb. 4, 1942 17% 27% 28% Sterling Nat Bank......25 25% 100 135 0.35% 27% Feb. Mar. 18. 0.35% ■ Daily, Weekly and Yearly 1175 Bid Asked Bonds {Par Value) .'■locks 102 101% 102% 102% 102 102% 105% 106 Philadelphia Electric 2%s; 1971. Wisconsin Power A Light 3%s, 1')71...4. ....... Qbligalions Of ^oVernmenlal ftgencius 100.10 " f,' 100.3 .100.3 15, 1942 100 1, 1943 101.8 101.12 1%% notes Feb. 1, 1944 Federal Natl Mtge Assn— ' Mar. 15, 1942 108% 10)% 123% Panama Canal 3s....1961 Call July 3, '42 at 101... 100,26 101.2 JThese bonds are subject to all • decision the 15,1943 Sept. 15, 1943 108% 110% of ._ 15, 1943 Dec. . .. .. 100.21 Mar. 15, 1944 101.10 101.12 June 15, 1944 lOi .18 101.20 Sept. 15. 1944 100.4 100.8 Mar. 15, 1945 101.3 101.5 fMar. 15, 1946 101.2 • 101.14 101.10 100.25 100.27 101.12 101.18 100.27 future INDUSTRIAL - such'times in the these, as rubber crude for substitutes the rand ind cate 1941—12 Mos.—1940 1941—Month—1940 other income and is after operating expenses ^Includes 99.24 Stocks—No. of shares. 99.23 99.25 Domestic charges, taxes,-—V. 3/54, Federal and develop¬ 90.13 09.15 Foreign government. Foreign corporate. —— now of the part for time some civilian 401,200 1,057,539 12,750,029 adjust. acquisition income Excess profits Other • 2,452,665 Judge 610,501 taxes... 725,441 • Co.-—Tobacco 1 ' . Firms Get 8,874,3018 Interest 330,158 167,996 ■Dlvid. -*'"'■ earned stocks .Divid. for com. 7.286,269 611,775 '< 323,692 y 424,394 4,027,487 7.582,566 1,984,770 , Dec. ; V'-y,•.•4-,i" $1,026,242 1,068,516 ' 1, $2,566,423 $281,296 Gas Electric & above) (as of Inc. from Co. 'have declared: dividend of profits of a 13% & - - $281,296 $2,566,423 $4,345,455 a ■■'.[ ■ on com. on- pref; 165,681 ' 769,808 1,988 170 129.166 895,309 1,550.964 4,110 56,675 73,763 stocks *• 1,068,516 ■*/; stocks ;i. 54,165 • on bonds & adv.*. ; 84,498 income 3,451 . - 12,249.363 9,029.883 * payable Feb. 15, 1942. $1,168,356 Total & expenses, ' and stockholders uet_.r r on >: 65 694 ,1,006,929 ; 856,906 ... Int. —.——— other & on deductions href.--stock ^ for "basis $1,078,968 -92,928 '- >140.767 Net rules the dividend 155, p. 153., of the company _ $845,273 taxes 31%; tax for • 97,050 140,767 1,130,311 1,689,209 1.211.484 ? • tl,726 253 ' V. on Dec. are fully accrued on r for comparative -tRestated American ^ Hard the recent Order of use of company .to Rubber purposes;1—V. Co.—To 154 p. 1489. • 154, p; 1374. 1,740,703 ; y *After'interest, " depreciation, ■; . ' $0.93 . Federal income 1,623,435 ; $3.36 the Office of Production' ManagementA.restribtirig: •. a i\■ ; for the be payable 1940 1941 r" $5,516,799 repairs $5,243,288 1,248,582 243,180 269,564 480,000 * 480,000 7,270 revenues_i,_*_____i 675 780 521,663 — 245,323 $2,316,769 239,333 238,404 $2,043,452 $2,078,365 Dr 3,808 — i, 7.270 703,073 $2,282,785 income taxes)_____ income... other . taxes and . 16,837 Jan. 7. an additional This makes a 10,000 shares Lake Erie RR. to day. railway-—-— 857,037 income— 613,931 839,188 Net crudq rubber w'll. cause discontinuance of some lines of this .. ry.ioocr. From Jan. Act.—V. Gross Net —V. . $1,892 647. 1938 JSL07.Q.12Q. 1,123 893 606,723 918,213 19,217.451 17 101.979 10.134.332 9 378.924 6 074 657 2 713.981 '"nme-.; 7,347,282 7,080,876 4,895,771 2,177,134 railway ©per. 154, p. 1260. for $122,837 154, p. taxes income $943,724 ended Nov. profits taxes under excess 1697. for the year the 1941 .... . firm of L'llick. Gearv & Olson & elected a director, Succeeding J. C. Cowdin, resigned. Lillick is Secretary-Treasurer and Trustee of Leland Stanford University and a director of McCormick S. S. Co.—V 154, Lillick, member of the legal S. has been Junior p. : 1629. Cambria & Indiana RR.—Earnings— ry. Net 1939 1938 $152,225 $129,827 1,705.640 693,804 l^*^ 706 510.534 452.001 796,408 859,155 839,128 income— 45,035 railway— oper. • 54 893 60.199 93,232 102,778 1,300 719 1,075 373 1— Jan. from from 1940 1941 $140,750 48.585 from from $151,874 65 565 93,664 railway—*--- November— Gross Net railway railway Net -ry. oper.. income—--, —V. 154, p. 1375. . 326.824 • 753,513.. 510,806 railway——'— from from rv. Federal California Packing Corp.—New Director— Gross 1939 1— - .Net for includes 1941 30, From -Earnings1940 1941 $l-815,878 1,083,999 from 85 567 19,836 $925,914 Provision Note: Mr. of total of 850,000 shares will be issued as and when desired to meet the from, railway-—_:. $.L666,Q03 Net to ihcome Net Charles, . •Gross 3,575 construction—3,101 Airiortiz. of preliminary costs of projects aband. 44,274 Miscellaneous 21,841 charged authorized issue, under charter powers, of 1,500,000 The radditional shares ' — $2,039,644 $2,095,202 842,500 " 842 500 203.223 203,223 4.992 3,926 . Co. of Canada—Additional Listing— Stock Exchange l!sted & & expense______ discount of debt interest Interest surtax.— • Bessemer funded debt____—-— on Amortization Revenue company's commitments under the employees' stock plan as approved by the Board of Transport Commissioners for Canada on May 3, 1929. V. 152, p. 2542... • • -• • and changes in others, Pres. Edwin S. Boyer stated in a letter products necessary to the war effort and operations on important items have been placed on a basis of seven days a week 24 hours recommended $3.00 ' . Montreal shares. Discontinue rSomer stockholders. . He added, however, that much of the company's production has been changed been income Other 1941—12 Mos.—1940 470,939 $0.60 stock listed out of an ■-• The has (& Subs.)—Earnings— of share per November— <• 30— operating income Net < 3d lease of electric plan; for Interest authorized this company to discontinue 30 343,997 — stock of this company on During 1941 one subsidiary has been crediting income reductions resulting from non-recurring reduction in income "Deficit. of the ordinary stock, also to on 538. p. for Federal income taxes___.._—____ Total $23,560,443 $19,023,379 $81,794,880 $67,934,920 profit The the subsidiary companies for the first'3 months of 1941, is being -"currently absorbed at the rate of $42,000 per month. ' & (other than Net \ ^ 1941—3 Mos.—1940 30— Nov. Bell Telephone $1,148,999 $12,711,129 $13,193,597 -of other ' Nov. Net operating Rent a sales common due to the refinancing by .that subsidiary in 1940. "This tax credit.- after being reduced by adjustments for under-accruals taxable 1941, 1,278.829 Provision authorized • :.'y Earnings $1,386,816 $15,530,649 $16,131,335 Federal income taxes, as of this date, of Ended Maintenance com. stock Note. current dividend final A California Oregon Power Co.—Earnings- Ira earned Bal. 12. per Operation vi 1939 1940 £4,087,565 £4,865,442 £5,165,453 share has been declared on the year free of British income tax, pay¬ 5d Operating revenues cargo '--I- .' 'Net • ■Dividend Ltd.—Earns.—Div.^— Co., 1941 of stock for the Feb. Years \ Beatrice Creamery Co. $1,452,511 $16 537.578 $16,988,240 89,387, ■ as Period End. ' Balance dividend interim ended Sept. 30, Feb. 12.—V. 154, ( Tobacco Sept. 30— Taxes ocean share a profits after taxes and charges able corporation and surrender to the State of West Virginia charter and corporate franchises.—V. 121, p. 1572. its . Taxes Year Ended after Jan. open cents aggregate 76 cents a share, com¬ share for the previous year. was paid on Fel?. 20, 1941.—V. 154, p. 1189. earned and 12 cents year (The) Barrett Co. of W. Va.—To Dissolve— The Divd. Other of five of declarations cents a 69 extra An dividend Appropriation for retirement reserve__-^_ Amortization of limited-term investment— charter business v Divid. Int. held dividend Gross *: yr. a 872 258 v with pared extra represent net earnings from dividends and by the fund. For the fiscal year ending share, a securities 1942, ordinary 'i policies. dividend is payable in cash in accordance with the provisions the of ■ subs.%: consolidated— > on An * «••• cents 28 an dividend of 16 cents a share, both payable of record Jan. 30, 1942. These payments, holders to 1942, 31, declared have quarterly regular 20, interest Net the on " pursuant thereto.—V. $42,274 —— Gas Amer.- Elec. , Fund, Inc.—Extra Dividend of 12 Cents— British-American premiums considered earned between Feb. 1, 1942 and 1642, both dates inclusivej , of Participatihg polices other 30, Such Co.— in net on term $4,343,456 8,288 Inc. net ' ,■ in Phones telephones in service with a net gain of December, 1940, and 7,140 in \ . • v* r the net (d) J American Undistributed $8,584,000 and the than y"!■ *$42,274 consolidated.. $3,780,000 November, in directors a Jan. .' premiums of Participating term policies that 1, 1939, whose expiry occurs between Feb. 1942 and April 30, 1942, both dates inclusive. ^ ' 1 subs, 98,000 $6,098,000 appeal from the voluminous records of the both 'dates inclusive. ••. (c) $1,153,554 $14,815,786 $13,375,339 872,258 12,249,363 9,029,883 net income of h.;,;:- Undlst. an the net earned premiums, not previously considered for April v 68,000 43,000 1939. totaling ■ the net premiums considered earned between Oct. 1, 1941 and 1941, both dates inclusive, of Participating open ocean cargo attach —-i and 31, 1942, -■' stations Feb. ' [ dividend, of Participating term policies that attach prior to Jan. 1, 1939, whose expiry or anniversary dates occur between Feb; I, 1942 and April 30, 5,092,519 f.;'r'v • stocks.. ...^ com. on 630,777 163,898 ' stocks. pref. 011 Bal. 608,637 • 61,148 funded debt on int." and deduc... Other 120,090 87,000 MISCELLANEOUS The American Tobacco are: policies, such dividend being $2,372,623 $26,741,317 $28,035,193 $2,019,720 income 48.000 40,000 $3,336,000 ;vi Boston ^ allotted by the District premiums: following (b) Gross 112,000 Days 1 . ; - - ••• 60 Atlantic Mutual Insurance Co.—Dividend of 15%— $2-),867,197 23,512 prepare time The trustees < 9,536,809 12,164 income $8,418,000 As of Jan. 1, this year, there was a total of 1,463,215 Bell telephones in service in Pennsylvania.—V. 155, p. 153. ; H. companies (a) Other $3,623,000 corporation reports a net gain of 10,342 Pennsylvania in December. Tnis compares 8,229 : 5,061,028 $2,349,111 $26,411,156 $2,007,556 Operating Income 855,350 $6,583,000 4, Co. arid 1,686,002 — 810,372 taxes 12,129,619 7,106,142 _ 1941 595,775 $3,184,000 December, Court. Co., R. J. Reynolds Tobacco Liggett & Myers Tobacco Co. and the American Suppliers, Inc. —V. 155, p. 86. in the The 16,667 — 540,280 562,787 Jan. 1 to .inn. 9 1942 654,190 , trial 26,986,596 4,671,901 ■yiffi-.f .•■;;'■■ .y: 8,333 — taxes.. $3,336,000 527,400 — - in lines come."-r- to -* -I Tobacco imposs.ble to be 34,199,357 5,014,970 Depreciation —— Amort, of electric.plant Federal 1941—12 Mos,-^-1940 1,078,343 Maintenance vl (& Subs.)—Earnings—; J 429,469 Operation $40,000 Bell Telephone Co. of Pennsylvania—Gain Sixty days is the maximum period that a Federal Court can allot perfection of an appeal. j ' Counsel for both sides, however, said they would ask the Sixth District Court at Cincinnati for an extension of time because it would $7,526,235 $96,721,134 $85,590,648 $8,700,548 3,193,186 revenue 562.000 $112,000 The com- yr Consolidated— Subsidiaries Operating 490,000 10,000 1941 19-12 ■ .. defense program available for for 1941—Month—1940 Exchange . INSURANCE - appeal to the Federal Circuit Court of Appeals. , American Gas & Electric Co. 6.000 1,030 New York Curb Church Ford on Jan. 6 granted the four tobacco companies and 13 of their executives convicted of criminal violation of the Sherman Anti-Trust Act, 60 days from Dec. 11 to perfect their but before depreciation, depletion and Federal income p. 1489." ' * * " . Period End. Nov. 30— 17,000 Bonds %% %% substantial volume business vsj American • ment of continuance ;to Prepare Appeal— $4,291,000 1,187,600 $4,231,300 1,265,900 $338,000 78,500 88,400 —. a 155, p. 45. Co.—Earnings— $315,700 incoirie 646,000 109.29 99.22 i% . ypany.'s output that- appears necessary to the national l-.b.. Period End- Dec. 31 . •Profit 671,000 Week Ended Jan. 9 101.8 H% .. Concerning the outlook for the future, Mr. Boyer said: "While it be inadvisable for the management to make predictions as to the V. Gross $3,184,000 514,000 1,000 5.000 • would appeal • [ 527,403 ... i% %% .. tSent.15, 1944 tDec. 15. 1045 125% under the assets of the 1725, Alaska Juneau Gold Mining — Nat.Defense Nts 101 101.12 1% ... ' company.—V. 154, p. -551,000 $18,000 19(000 Asked Bid ■[Total .—i—i granted Montreal Trust Co. permission to Justice Middletoi%f Which authorized the .sale the master of the Supreme Court-of all of direction 81,895 104,855 $453,000 t These bonds are subject to all Federal taxes. has Roach Total Rale 109.19 PUBLIC UTILITY - Malurilu 1%% 1% 1%% - fMar. 15,1943 "J;; Abitibi Power & Paper Co., Ltd.*—To Appeal Sale—g? Justice 23,000 $41,030 Corporation and Investment News General RAILROAD , 2% 1%% %% .. 15, 1942 June *E<t-Dividend. Federal taxni. - Asked 1%% — Sept. 15, 1942 Dec. versloi 3S—1916 U S Co 100.24 101 l%s Jan, 3, 1944— 11,030 617,000 622,000 467,010 Total Corporate 100.14 100.18 100,4 tOO.29 101 U S Conversion 3s. ..1947 Call May 16.'42 at 100% 485,090 97,210 Thursday.....— Int. Bid Rale Maturity Other Issues 16, 1943 2s....... May -Int. 100.15 Authority— 8 Housing U 71.415 115,690 Friday... Foreign j Government $412,030 ....... Tuesday—-..*.. Wednesday v or more 32cd* of a point. Domestic 3 %%_—Jan. 15, 1942 1%..—-July 1,1942 100.13 i74% .—.Oct. 15,1942 100.12 tl%%...July 15, 1943 100.16 tl%_ —..Anr, 15 1944 100.2 : Federal Home Loan Banks %b. ..Apr. 2s.......Apr. '\; Figures after decimal point represent ens Foreign 56,335 , Monday. 100.19 100.21 ' . V Corp— {Number of Shares) 9, 1942 Jan. Quotations For U. S. Treasury Notes Reconstruction Finance Commodity Credit Corp— :'%%..._ .May 1,1943 100.8 tl%%—Feb. 15, 1945 100.1 ... Week Ended Saturday A iked Bid 0.35% 0.35% Transactions At The New York Curb Quotations For Recent Bond Issues Pacific Gas & Electric 3s, 1971......— Asked 1942 Mar. 19. 1942.— ■ 145 Central 111 Public Serv 3%s. 1971^ Bid 0.35% 0.35% - 0.35% 11. 1942--. 18, 1942.— Feb. 1250 Asked 4. 1942.— 0.35% 0.35% Mar. 11. 1942. — Mar. 16. 1942.— Mar. 17. 1942.— 0.35% 0.35% 0.35% 10% 3%' 84 Underwriters...., ....100 United states..... ....100 1135 105 170 12% 13 50 Public National Y..100 1220 25. 1942--. Mar. ...10 650 33% 32 % 41% 100 . 620 32 % Title Guarantee & Continental Bank & —...lOU 26 Bid Feb. Treasury Bills— 0.35 % Peoples National... 159 51 H Asked 53 26% Jan. Penn Exchange.. 28% 26% 151 ----.-20 m 47 24% , Chase National....-.13.55 Preferred—20 42% Colonial.... National Safety....—12% 29 M anufacturers '85% 40% 90 Commercial National.'. 100 Lawyers-25 83% Chemical Bahk &, Trust. 10 National Bronx.....;;.50 National City...: 12% 14% H 1450 58 Central Hanover^ ......20 Cll n ton.. 10 9% .100 1400 13% 42 Bensonhurst National.. .50 243 238 .100 Bank of Manhattan Co. 10 Bank of Yorktown_.66 2-3 Par Ask Bid Par Treasury Bills for discount at purchase. are Ask 12,875 387 7.942,283 ." V'- Canadian National Ry.- -EarningsWeek Ended Jan. Gross revenues —V. 155, p. 154. 7— 1942 $5,179,000 1941 $4,423,000 188 j THE COMMERCIAL & FINANCIAL CHRONICLE Canadian National Lines in New England - November— Gross Net ry. Net Net ry. $111,295 $124,025 $117,163 11,071 *24,965 *3,261 *37,466 *68,117 8,072 railway 1,844,638 income— oper. 154, 1,288,741 *112,790 1,432,573 *121,715 *74,864 209,938 N. 8,577 28,550 25,518 25,334 Net (estimated)—— 5,657 1942 9,833 12,624 14,933 17,662 ___ connections— 3,981 connections—;,- 5,067 Gross for the three — 9,851 9,905 _ 235,183 ■ From Gross of Georgia Ry<—Substitute Jan. on ratification of Co.-Trustee— 155, p. 48. from from Net approved the petition of Merrel P. Callaway for appointment as substitute co-trustee of the prop¬ his Jan. Net 8 erty of the company.—V. RR. of New 52,901 ry. —V. Gross from Net ry. 1— From Gross Net Jan. railway.™ '350,676 $1,541,195 $2,912,694 ,551.810 885,627 *83,072 231,706 $3,025,512 $2,429,790 501,595 *218,133 railway... railway..... _ 39,690,684 32,548,207 30,537,622 16,909,178 4,732,695 1,416,370 6,730,812 154. 10,320,728 7,608.251 >8,339,360 6,868,728 4,704,138 - 1,063,004 1,729,123 2,726,007 ' from SEC (a) Co., of The filed sale $325,000, shares of eral of Upon all of the of minor to all of aggregating Central the to 1 to U. to 190 the for Utilities for Co. Co. at such Co. shares of sum Utilities S; Co, has cancellation The the consideration date of unbilled as 16,616,739 15,616,699 4,716,252 3,493,178 1,506,137- 441,542 proposes to acquire from Arkansas of capital stock of Atlantic Utilities thereof ... New Fire Insurance Association, Secretary-Treasurer— Charles W. Makin, Assistant ; Secretary-Treasurer, V. 136, to to the since late " ,. 1928, has been S. 1379. p. dividend of 52 cents Feb. able distribution for for 1 paid on Aug. to 1, holders 1941, share per of record 1941. This and 52 cents has been Jan. Feb. 1, ; > •Net Weeks Ended— profit Earnings •After y \ , cents 983. of depreciation, 154, common depletion, stock——— interest, $1,176,747 $2.11 Federal $1.62 State and income 1941 ■ 1940 > 1261. 9,781,443 Sales more Manager, New revenue during 6,194,553T and 203,475 the is create a earned to the and and of miles. passenger flown were 16,492,140 16,242,796 industry, Co., has 2,563,228 2,136,599 286,407 140,923 •279,027 Other ' profit $3,699,853 $3,019,965 $2,572,206 332,674 257,323 203,457 224,630 $4,032,527 $3,277,288 $2,775,663 $2,647,382 income Total income Selling, shipping ministrative & ad¬ 2,694,495 2,399,843 2,116,439 He that increase of an H. has 1941, and 1,962,661 1,013,050 Southern's Prov. for Fed. minion v Federal income surtax distributed Net Pref. and 129,148 104,354 94,967 revenue Sales taxes. on for of of divs. 80,030 7,244 paid $604,963 $458,068 $445,811 68,099 68,720 69,461 70,692 445,500 paid 378,033 355,476 355,476 22 and i-77! !; ; End. Dec. will continue 31— 154, 1593. p. 5,505 i 4,542 5,379 6,252 $918,460 ** • depletion taxes.—V. in the 54.52 of 154, Trust Co. Gross Net Net ry. 6,760 51.16 6,608 47.63 26.71 Gross 5,236 39.44 Net from 5,175 88.94 Net ry. announced a but before Federal and Jan. from 50. p. < transfer agent for preferred , stock and 80,000 '-7 . Range Ry.- -Earnings— 1940 1939 ••*••• v $2,278,448 2,469,772 1,325,419 1938 ~ $2,114,411 1,684,351 763,125 813,687 35,869,655 27,395,906 17,965,266 15,951,173 12,787,642 *166,419 :"i *210,965 18,465,819 24,327,035 ' 318,863 1,331,444. l— railway railway income— oper. ♦Deficit.—V, 155, new 155, * . appointed $3,792,513 income— oper. From been 1941 railway railway——— from 7,273 company interest, has Iron & from 2,739 the July 31,'41 Oct. 31,'41 $450,552 $821,710 427. cumulative convertible November— 27,96 3,755 •' $2,392,259 '6 Mos. End,"7 Ended Oct. 31,'41 and p. stock.—V. common Duluth Missabe 76.37 5,740 ,—_____—________—_—_ :77 1941—3 Mos.—1940 v: 8.891,667 10,516,733 - 7,860,976 ' 2,769,756 1,992,941 1301. p. afternoon 8:10 departure leaving Houston at 4:05 p.m., arriving Chi¬ p.m. Southbound flights to the Southwest leave Chicago arrive Houston 3:15 p.m.—V. 154, p. 1491. 11:35 cago a.m., Duluth Winnipeg & Pacific Gross City Ice & Fuel Co.—Transfer Agent— Chase The National Bank of the pointed transfer agent for the 6V2% stocks.—V. 154, v. Net City of New York has been ap¬ cumulative preferred and common ry. Jan. from Net 1941 Common dividends 1940 $621,814 $417,153 $431,795 147,429 257,600 147,130 205,749 147,130 206,096 ; ry. —- 1939 Surplus $261,163 share per stock com. on ' v (par $1)— $216,786 7,279 1,082 1,366,385 1,225,757 271,365 177,775 *50,776 *5,441 *65,386 *284,335 • railway 320,360 income™ oper. 23,945 . ' 11,647 *;, /.- * •- r; *11,718 1,017,195 1376." $64,274 $79,394 $2.30 $1.31 (& Subs.)—Earnings— ; Earnings for Year Ended July 31, 1941 sales, less discounts, returns, and allowances $784,788 $1.40 Cost - of Cost $2.27 $102,343 7,414 1,532,053 Duro-Test Corp. 205,271 . - 37,151 1938 Gross Earns, 1938 $137,040 27,488 1— railway ♦Deficit.—V. 154, p. $615,591 148,332 prof, after all chgs. from Net (& Subs.)—Earnings— 1939 $129,353 35,571 income—>* oper, From Gross 1940 $149,851 railway railway from Ry.—Earnings— 1941 from Net 1727. p. Colonial Finance Co. Net of N. J. $2,412,216 Corp.—Transfer Agent— Manufacturers 4,476 —— year, committee as $912,141 \ depreciation, income shares 52.82 ' 4,472 ____ new as .0: 30,000 shares of 6% :.y' 18.43 4,091 —^ru__—■ 3,486 4,501 4,302 ■ . the Co. started representative. Vice-President as $371,158 ♦After , 2,552 of executive Crown Can having sales a 7'77;>•' 7 v.v.::■'''•-J Mos. '• Period— The 2,256 ; beginning as 1941—Month—1940 1 Diana Stores 75.66 the the Sales, and S. Carle Cooling 90.53 October ago Machinery Corp. of Harrison, Braithwaite ♦Profit Increase 2,807 August. September of the for Continental advertising, years the in Inc. the and member Sales Co., Seal with sales some & executives of Deep Rock Oil Corp.—Earnings— 1. 1940: 1941 2,936 Preferred dividends $779,024 dividends 96,802 Cork associated charge known widely Director pas¬ 1,598 - June aggregating reserve ;..*--v'7-v-y-.7 most the Crown , December, revenue 1,541 Years End. Oct. 31— 143,334 __ income Common * 347,352 un¬ contingent surplus. '.„• . of appointed been in ——„ —V. pas¬ January __L——_— Do¬ profits and Crown Drug Co.- -December Sales— % of 1940 J, of class B shares capital to , director a Line Period 67.94%. 31, 1941, compared with - The company will reduce the common stock, sub¬ properties. in charge of General Manager Packers Can Sales. Mr. Searle will make his headquarters in Philadelphia. —V. 154, p. 1262. 7\ 7 V 7"*. .7 '7 Chicago and Southern during December, 1941, as with Chicago growth from Jan. 1 to Dec. application received redemp¬ or Seal Co., Inc.—New Sales Director for organization also is F. company's routes between Chicago to Houston. Compared with 42,064 compared as declaration a to charge to capital surplus the premium dividends on the preferred stock to be re¬ one Worthington Pump & 2,019,330 211,656 expenses. Other deductions , $2,422,752 SEC that December, reveal ■ proposal to apply $1,667,000 storage subsidiaries to the surplus been division a Searle Mr. 15,338,249 2,775,578 f y by The United Gas Improvement Co.. capital surplus of $2,058,377. It will charge unpaid Searle, Can $1,451,273 State figures 190,267 117,118 other Gladden with 1940, this shows For : 69,413 the can •7 the over ' 269,706 154,940 189,706 proposes Crown Can Co.— D. Walker, Vice-President and Gen¬ the company carried 61,918 revenue Memphis 1,128,699 1,306,187 held balance and accrued and 29,820 passengers that y 1 expenses in connection with such redemption. The capital surplus, in the amount of $694,783, will pro¬ vide for possible losses which the company may sustain in the sale of any of its remaining assets.—V. 154, p. 1623. 245,265 73,679 5 32,105 22,415 *8,082 cold outstanding which November— Gross 1,081,703' the a and of sale its of deficit 1938 , 382,960 Jan. on stated 1941 Orleans following senger late 1938 $8,617,305 6,720.428 of all will thereby General revenue passengers carried in miles senger At $9,292,634 7,644,792 ice Its the in value deemed * made was 88.94% $131,213 • with regarding of Vice-President 154, p. /, 1938 , , F. 283,152 December' 1939 $13,481,296 $10,664,757 Cost of sales & royalties 1939 $1,556,273 69,847 compared with December, 1940. In making this statement, D. July 13,210 1,240,251 292,004 139,268 ; filed 70-470) sale balance ' Chicago & Southern Air Lines, Inc.—Traffic Up— November Cherry-Burrell Corp. (& Subs.)— EarningsYears End. Oct. 31— Net sales the The company also con¬ $1,510,855 May 1146. p. 1940 April Nov. 10,'40 $1,452,000 share from February share per 153, p. Nov. 9,'41 . received stock, 1941.—V. — per .taxes.—V. ' ■ (6 avail¬ on 1941, . has the 1— March 28 and Chicago and Southern flew 23,353,644 revenue passenger miles during an increase of 68.42% over 1940, when the airline flew 15,979,090 Champion Paper & Fibre Co. (& Subs.)—Earnings— . road " 1941 income.— Jan. revenue • the amount the with 41 compares on declared from 22, 2,061 and loading days). • loading days). ' /J loading days.—V. 155, p^ 154. (5 cars cars from The A 1939 $116,746 23,796 stantially 1940. Century Shares Trust—52-Cent Dividend— 1940 $102,812 No. stated railroad 1941, elected Thompson.'— V payable (5 cars 1941—22,531 . oper. passengers Camden, N, J.— Elwood of . 1942—>23,016 Announcement eral v Secretary succeed line $325,000 and Camden • Milwaukee railway i". $1,689,254 railway.—— 292,925 from carried costs the on 1941—32,230 •Deficit.—V. closing, such minor ice inventory„ the branch Ry.—Earnings- $121,836 .. railway.—_ on March 1, 1942, at $105 a share, of all its outstanding 12,338 shares of $6.50 preferred stock, series C, >and to the redemption on April 1, 1942, at $102 a share, of all its outstanding 3,840 shares of $6 preferred stock, series B. The company states that in order to effect such redemption it proposes to eliminate the deficit resulting from the loss of $1,907,808 Sycamore northerly to Caledonia, ap¬ in DeKalb and Boone Counties, 111.—V. 155, ^railway.. 18,286,484 Net from railway 4,034,299 Net ry. oper. income.— ' 1,457,359 revenues, $2,517, being 155, p. 87. a 5,917,324 1,225,178 137,562 1261. p. tion permitting abandonment by of " * near from From agreed to $663,500 of Co.—V. 7, 7, 7, November— Net ry. (except Arkansas Gen¬ and Utilities Co. General Utilites taxes; S. Utilities U. Utilities 154, from "(File . Chicago St. Paul Minneapolis & Omaha Ry.- -Earnings Net indebtedness $158,628 of loaded cars 2 Gross bonds, being the total outstanding funded items cover Corp. 6% adjustments to transfer Federal Arkansas and par) General General adjustments Service (no closing Central and (b) & Little bonds) Arkansas Arkansas General Sullivan Walton point a portion a during the period; 2 Gross date to subject to Rock, Ark., for a cash consideration outstanding capital stock, consisting of 5,000 mortgage, series A, debt Co. Co. the surrender of stock mortgage Utilities first dealers Utilities S. 475,303 Crown Cork & issued an order permitting to become effective being concerned with: U. 1,512,121 *13,918 Corporation 209,607 Chicago Milwaukee St. Paul & Pacific RR.—Loadings nections Jan. *:•;, Central common first 30 and by investment certain is Dec. on 5,980,393 947,345 railway—35,504 17,468 $767,012, Central U. S. Utilities Co.—Sale of Sub. Stock— The 5,952,021 1,037,476 sustained certificate a of company 27.815 miles, Dec. declarations 7,344,594 1,909,558 income—. . Jan. 1300. 30 -issued the of Revenue 340,404 Dec, on extending p. 26,619,673 . oper. income.. *Deficit.—V. 154, p. ICC proximately 1— Net ry. 46,815 oper. income— Jan. 1— 7 „V. from 19,571,663 income.— ry. From 504,568 ; 245,456 1375. p. trustee 1938 ■ 210,657 ... from from 1939 1940 $3,401,411 . — oper. 111,084 Commonwealth Utilities Corp.—To Redeem Preferred Stocks— 1 •,:>v * ^1 v'- y.i' '•. •.■' j 1 railway oper. 154, The V 417,819 railway— railway income.. from Net ; the 1941 116,575 ♦Deficit.—V.; 154, p. 1300. [y 1938 -,; Jersey—Earnings— November- 49,164 income.— 1— railway Net from railway Net ry. oper. income—. Chicago & North Western Ry.—Abandonment— Central 164,673 from Gross - ICC 1938 $584,426 210,102 railway railway™— from * , Central i 1939 $616,297 . . The 2 V2 % 1940 oper. Net 26,953 ... ' " ry. Gross 25,948 , . 1375, the on and 198,751 from from Net . p. 1 -Earnings— , Columbus & Greenville railroads— . 154, 1942 of 4,153 granting the company's applica¬ \ Originated 30,437 tion regarding the issue and sale of notes to the First National Bank 27,686 Received from connections— 24,155 of Boston in an aggregate sum not exceeding $300,000 in such amounts • 22,616 and at such times as funds are required to pay for necessary exten- ■■ Total ■ —A.—— ,54,592 50,302 sions, additions and betterments to its plant and property for the > —V. 155, p. 154. .....7 period from May 1, 1941, to March 31, 1942, such notes to bear interest at a rate not to exceed 3% per annum and to be dated as issued but in any event prior to March 31, 1942, and to mature not Chicago Great Western Ry.—Earningslater than Sept. 30, 1943. The initial borrowing will be $250,000, the November— V 1941 >•*1940 1939 proceeds of which will be utilized in part to repay an outstanding l •Gross from railway $1,755,679 $1,742,922 $1,573,624 note payable to the bank amounting to $157,500, the proceeds of, Net from railway 587,866 701,061 553,062 which were used to complete certain construction included in the Net ry. oper. income— program.—V. all $659,214 November— Total order an for payable April 140,459 oper. Net 5,752 8,736 from 4,784" 4,755 —— issued be 1 1941 •Deficit.—V. Pere Marquette Ry.— Originated $3,140,000 $3,766,000 —_ 1941 ■ Received recently interest will 906. * $687,171 From Jan. 5,038 11,649 —— 5,100 17,306 — from Cape & Vineyard Electric Co.—Notes Authorized— SEC ry. the p. Southern Ry.- & railway—a railway™— from Net v'V c 154.' p. 154, from Net Earnings— - earnings Gross (Nickel Plated Road)— Originated Canadian Pacific Ry. The Colorado . —— Y., Chic. & St. Louis RR. *593,909 *610,141 1375. p. Week Ended Jan. 7— 155, 16,757 7,716 declared of which 2 V2 % 1942.—V. " *659,031 *"459,834 Total 1,254,918 Received Gross 17,802 7,751 connections™— also bonds, payable Oct. 1, Dec. 27, '41 20,799 from Jan. 4, '41 directors income November— railway ♦Deficit.- -V. —V. Jan. 3, '42 Originated Received The 5% —WeeksEnded- ; .> Chesapeake & Ohio Ry.— *44,287 , j. * . 1— from from 1938 income- oper. Prom Jan. Gross 1939 60,444 railway" **-Net from railway— . 1940 $204,688 from Chesapeake & Ohio Ry.—Carloadings— -Earnings 1941 - Tuesday, January 13, 1942 of sales ; j. 258,419 replacements- ; 86,770 —— ' Balance, surplus Shares of ($5 $33,131 444,345 444,345 $1.60 $1.21 $0.87, Consolidated Balance Sheet Oct. Assets— Notes and Accrued receivable—trade (netF and accounts to receivable (not current) 1,942,495 employees 2.094 30.532 57.954 176,226 71,173 22,201 , 14,442 ' , in Central Fibre Products Co., Property, plant and equipment (net) Patent costs and license rights (net) current 1 Inc.,. Def. chgs. Fixed (prepaid ' 1 Preferred stock Common stock notes 2,106.467 Reserve for Capital 34,908 Deferred for Deferred $496,565 Earned ($5 par)' ________„ „ surplus _„_— _ — 323.077 144.000 31,889 27.169 1.354.900 1.371,000 3,712.500* 3,706.208 472.220 stock, cum. •In 1,465 608,839 $ 100) —~ 2,697,000 2,696,800 207.668 207.668 1,195,755 Drl6,736 1, common . 1,396,750 1,660,250 1,195,755 _• shares.—V. 152, p. $9,263,859 $8,427,005 majority owned unconsolidated English subsidiary, at cost less r«sp-"o, i5es, commissions, State and local taxes, royalties, etc.— V. 152, p. 3338. ■-■'3. 1 ,'-3 The & Iron directors have declared ' • on interest Profit 2,947 226 13,631 1,399 building and. equipment—not in Federal Income and excess profits use 4,931 ,, taxes—— 5,750 Dfl6,736 for the year— $724 Consolidated Balance Sheet, July 31, 1941 Assets—Demand deposits and cash on hand, $53,322; accounts re-, ceivable—trade (net), $104,135; inventories, $96,036; deposits on ham¬ pers, spools and other containers, $4,982; deposits on purchase con¬ tracts, $3,000; sundry receivables, $4,088; fixed assets (net), $246,255; other assets, $27,447; deferred charges and prepaid expenses, $36,574;. total, $575,841. Liabilities—Accounts payable—trade, $31,464; accrued liabilities, $25,777; other current liabilities, $18,557; long-term debt, $65,156; capital stock ($1 par), $243,743; paid-in surplus, $176,321; earned sur¬ $20,284,664 $15,966,666 3964. Corp.—Special Div.—Interest— a ■ $29,609 expense— on for 5,417 r. $14,823;, total, $575,841.—V., 152, 424. p. - ^ special dividend of 25 cents per share in addition to the regular quarterly dividend of 25 cents per share on the common stock, both payable Feb. 28 to holders of record Feb. 11. Like amounts were paid on this issue on Nov. 28, 1941. ;sv-H —_________ interest,,.etc.first mortgage payable— Depreciation plus, r— r 1,888.024 a (par ' J..'.'.... of 41,018 - 251,388 (par $ 1) stock Total •Cost 47,095 791,299 surplus •Treasury 185,189 439,130 — Colorado Fuel Total i __ 5Vi% stock income Amortization of fluorescent experimental costs Amortization of patent expenses 117.994 103.688 280,343 losses surplus ; Capital 470 962 2,153,449 certificates $24,192 profit before Interest Other 89,748 expenses. $9,178,313 118,321 - „ Income 521,590 surplus $12,724,115 140,423 taxes $8,427,005 Common ^—.... payable., reserves 350.000 46,364 199,648 Net 325,658 administrative ' Provision Accounts and ins. payable and accruals.. Pref. ($10$, par) 39,182 186,596 — $20,284,664 $15,966,666 Unsecured Earned 172,366 and Profit Other $439,598 —_ expenses General 9,117 - . $667,309 Reserve for Federal and Dominion income-taxes Unearned income : Liabilities—• Dealers' Liabilities— payable payroll & sund.) Total Reserves tAccrued insur. profit 34,588 136,578 _ 73,480 8,517 investments int., taxes, assets $9,263,859 Accounts 67,733 j: and Selling 13,350,906 30,588 receivables Other Gross $2,080,196 receivables 65,805 Total 1940 $2,811,186 17,004,284 , securities 632,633 2,068:687 — receivable 244,856 87,101 __ accounts 2,683.563 •Investment Investment $636,419 ; 31 Oct. 1941 and Notes Repossessed autos. 1.018 Deferred development expense Other deferred charges ..... Advances 1940 3,838,862 Inventories Notes Sheet, Cash Listed 31 $634,704 2,338,721 interest $0.84 Other 1941 accounts Balance Assets—• share- per Consolidated $19,643 444,745" stock par) Earnings $158,210 445,500 common $265,425 —'ff "v 4 r-4,t • '-i - Easy Washington Machine Co., Ltd.—Accumulated Div. The company on Jan. 2 account of accumulations $10, to holders of record were made on 17V. cents per in 1941, as this issue share on paid on Dec. on a the 22. dividend of 17 Vu cents per share on cumulative preferred stock, par Distributions of 35 cents per share 7% July 2 and Oct. Jan. 2 and April against 70 cents in 1940.—V. 1, 1. last, 1941. as or 152, p. 4121. a curnnared total of with $1.05 • THE COMMERCIAL & FINANCIAL CHRONICLE Number 4032 Volume 155 End. Operating 30— Nov. Operation 2,044,921 " 364,001 1,777,840 343,036 575,225 Maintenance $56,691,840 23,343,029 20,808,304 4,121,994 3,802,234 527,295 " " Depreciation Federal »y income taxes— 723,381 " 282,155 530,501 Other taxes 6,784,190 5,868,458 6,573,964 496,537 Interest Profit Net operating and Other income—net loss. '• •' ; : : Balance Total $1,494,285 $17,182,226 $17,217,478 $1,459,175 7,597,060 $9,760,842 2,844,267 $9,620,418 2,694,270 — $6,916,575 pref. dividends earned but not declared 1,583,970 $6,926,147 1,651,300 $5,332,605 $5,274,847 26,861 19,293 amortization & 613,251 634,461 $845,924 Dividends preferred stocks, on $859,824 declared Cumul. j Y, — '$412,603 $282,202 Accrued interest 3,045 1,939 608 Prepaid 2,776 Total 6,505 Balance J — ... Y $518,334 life 879 2,290 ,' Y 36,112 register fees for stocks applicable minority to interests —' 'Balance $5,305,744 ,$5,255,554 ; tPreferred dividends not tAmortization of bond 14,980 ; —. 7,574 J {Preferred dividends declared—:. {Interest Y _Y—— : —_ 181,695 57,413 102,726 170,818 56,760 . Earnings from other sources. v 112,989 " h< ^ .. ' \t 773 743 interest ; ' •• Cash * —, - 568 * V ;/ 10,000 1,773 20,000 General 30,000 - v Expenses & "taxes— Y——— 332,964 447,201 , Interest $159,043 „———_ Balance ... subsidiary a r $5,206,684 _ $5,278,163 of stock of value—life surrender Cash _Y— applicable to stocks of Dividends 2,265,787 stock $3,517,548 of 2,285,192 Class Engineers Public Service Co.——— A stock common ($10 par) $2,270,410 Class B common stock ($10 par)^^__ payable * Unclaimed dividends— Earnings stock common share of per and surplus $2,606,171 $2,992,971 $1.36 $1.57 stock...:— common "Applicable to Engineers Public Service Co., before allowing for un¬ earned cumulative preferred dividends of a subsidiary company. {Ap¬ plicable to securities of subsidiaries owned by parent company, de¬ ducted above, {Earnings- from subsidiary investments in income include taxes subsidiaries. in $469,858 HThe Capital accrued shown by subsidiary 5 Total companies {Market stock Profits Act Tax of 1940).—V. 155, 155. p. Condensed Erie Y The RR.—Stricken York New tration the mortgage following mortgage (c) 50-year (d) Exchange gold has and stricken Erie bonds lien general Listing (1) securities: 4rlo lien prior solidated Stock from due 4Vo Registration— from RR.: listing and (a) First Jan. 1, 1996; bonds due gold regis¬ consolidated (b) first Jan. 1941 50-year 47o gold bonds, series A, due April 1, 1953; convertible 4% gold bonds, series B, due April 1, 1953; te) 50-year convertible 4% gold bonds, series D, due April 1, 1933; <f) refunding and improvement mortgage 5% gold bonds, series of 1927, due May 1, 1967; (g) refunding and improvement mortgage 5% gold bonds, series of 1930, due April 1, 1975; (h)- Erie & Jersey RR. first convertible (old). (old); 4% (c) non-cumulative second preferred Normal Net fer to ferred certificates stock of for 4% of deposit (old). deposit for 4Yo pre¬ - Dec. on 29, 1941. Transfer Agent— The City Bank Farmers Trust Co. has been appointed transfer "A" preferred stock.—V. 155, p. 156. ' agent for series £•<?$ .*£- i;'v ■"'iv-'.v "fa ''k v'"v•,':1;'Y V'1*•£*'••• *•' '•£ •- V-y*.'- vY- of directors have declared The dividend a of 45 cents Net share the on stock, payable Jan. 31 to holders of record Jan. 16. During 1941, the company paid four quarterly dividends of 35 cents per share, and on Jan. 31, of that year, paid an extra of 40 cents per share on the stock.—V. common 154, 654. p. Fidelity Assurance Association of Wheeling, W. Va.— granted Judge Ben Moore, at Charleston, W. Va„ Jan. 3, petition of the association for reorganization under the Federal Bankruptcy Act. » absence of appeals, the decision would permit the investment company to seek revision of its corporate set-up to become both an, insurance and annuity contract firm. It was stated unofficially that an appeal by some of the parties involved was a "foregone conclusion." the At time litigation ago ment contracts official An annuities books. totaled directed at the association two $600,000,000. explained the said this to outstanding $25,000,000 and at "misleading" was maturity actual but still value of contracts time had the actual value no because remained many the on today ever is exceeded $40,000,000. The which under company, sold ciation, annuity contracts of name in Fidelity Investment Asso¬ States, filed its reorganization 29 outside southern the West Virginia Federal District and that Judge Moore lacked jurisdiction. In granting the reorganization petition, Judge Moore in effect held his Court had the right to hear the petition. The reorganization was sought after Edgar B. Sims, West Virginia auditor, obtained appointment in a State court of two receivers who were directed to attempt conversion of the company into a life insur¬ firm. ' aftfcr receiving the petition, aopointed Central Trust He directed that all State insurance com¬ Co., of Charleston, trustee. missioners turn over to the trustee any of the firm's securities held by them as protection for contract holders. order That later his opinion the Judge conclusion "The rescinded was and all assets pending outcome "freeze" State agencies were directed to of the hearing. said: - ; ■■■; , the motions is that for dissolution of the injunction 'freezing' deposits in the hands of State depositories, and for rescinding the orders directing State receivers to turn over to the trustee assets of the debtor in their hands, are, overruled and the debtor's petition Virginia, Missouri, Ohio, Tennessee, hearing Maryland. Kansas, Wisconsin, Illinois and Pennsylvania.—V. 152r p. 2551; V. 154, were Indiana p. Filing Equipment Bureau, Inc.—Accumulated Div.— company account holders of issue one of See also $1 per V. Dec. on 16. Dec. Oct. 1, share on paid 26 accumulations record of this on the on dividend 4% of $2.50 cumulative distribution A last, a of $2 per preferred per share share stock was 154, p. 541. , Surplus, Years Ended Dec. 31 1940 /, 1939 Y 1938 •U. - . > Y . 100,000 94,087 , 98,991 91,500 surplus $14,069,944 $14,169,944 $14,264,031 $14,363,022 sold 373,388 , securs. on 229,223 §208,368 §737,643 {34,697 ' *494,578 yY— „ securities on §162,172 *144,664'' *437,591 $211,716 sold $373,887 $229,223 income— ■ • . Previous balance• 178,993 §$208,368 - • • 160,172 373,208 376,436 {120,294 255,807 48,762 {46,666 62,869 $912,496 $908,854 Net for inc. Dec. 31 • Y '.••• ,«■< • 5% $1,111,622 Common cur¬ is '/> • V.-7/ ■ ■ Y Y after approp. 23,438 $86,246 269,340 $885,417 6,562 {$881,607 bank $905,934 office and bonds ———— SStock - $842,282 A 30 in **Inv. insurance Bonds: United - - Total Public < Unclaimed Other Min. 277,294 on Public 907 526,960 409,795 420,310 579,000 528,000 1,637,500 2,285,500 8,933,400 14,561,250 2,028,000 1,375,750 997,000 1,735,968 ————278,800 700,000 — — ——,—— — a* Y—; — -Y-~* — Utility — — —— — Cash y $15,864,605 $22,384,738 Comparative Balance Sheet, Dec. Y Assets— 31 1941 / owned at Securities cost —; Y — 1940 {$19,151,368t$22,850,956 2,613,320 3,427,032 83,375 84,777 Dividends received and interest accrued— Unamortized discount on debentures—. pfd. stock issued by banks— by banks stk. cap. and surp. 87,780 — — — —— $21,848,063 $26,450,545 — — 280,153 2,469,770 Profit 4,222,960 Undistributed income **At 1940) owned at bid Fruehauf 14,169,944 211,716 373,888 178,993 $21,848,063 $26,450,545 no par shares. {The value of securities price was as of Dec. 31, 1940, $22,384,738. {The value of 31, 1941, $15,864,605. securities owned at bid price was, as of Dec. depreciation as allowed by U. S. Bureau of Internal book value of First Security Corp. {{247,041 (246,977 * warrants entitle holders to subscribe stock, as follows: 100.000 shares at $10 $12.50 per share, 100,000 shares at $15 100.000 shares at $17!50 per share and 100,000 shares at $2p These warrants expire Oct. 15, 1953.—V. 154, p. 1377. Note—Outstanding of shares common shares at 100,000 > to per 500,000 share, per share, " Plants- Co.—Purchases Trailer 85,000 105,000 285,067 — —J — —— - 137,500 ; 7,903 14,069,944 — sold YY" *Represented by 1,300,220 tMarket shares of par $10.—V. 152, p. 3807. securities on Total value, $3,869,489 in 1941 and $4,616,220 in 1940. {After elimination of items classified by bank examiners as "doubtful" or "loss." §At par IIAfter —— Payable for securities purchased Capital surplus $92,477,222 $80,499,528 - 34,213 91,000 102,000 ——— — 2,470,410 $27,337,699 in 1941 and $25,772,042 in 1940. •Market value, debentures etc payable.. 4,690,034 stock——— profits 1,300,220 6,600,000 — Preferred dividends undivided common undivided Reserve for taxes, $3,500,000 2,346,000 „—— debentures—. Interest accrued on 475,000 1952 1,300,220 —' —— due Feb. 5% 25-year $3,400,000 stock 3V2% .debs, 1,552,245 292,104 preferred stock •Common 3,563 390,000 subsidiaries and 6% 1,436 2,925 issued Total shares in 479,110 , Total investments 361,430 1,738,926 in surp. value. ' % , Utility-— $251,000 222,000 * ■ . 31,'40 $300,000 - ——— Finance 229,927 445,738 int. and other expenses dividends -1 '. —■■ stock Revenue. and for prior dividends {Less -YY->i-Y;'Y:.i-Y.: — Railroad 122,516 taxes, of profits Consol. 1939, reserve Dec. 31,'41 Dec. Industrial $82,168,884 $70,903,044 -rr- reserves int. tax Liabilities— divs. for Preferred $27,654 in determined $92,477,222 $80,499,528 —-— ————— for 1940, between y $373,208 Common Stocks: 140,924 liabilities Reserve $29,147 in difference subsequently Y Industrial Liabilities- Other of for as Treasury utility Total Deposits $160,172 - - -YY Preferred Stocks 16,504 111,468 - —- ——— $178,993 -. of investments at market value, by classes of securities, 31, 1941, and Dec. 31, 1940, is as follows; States Railroad 1,748,440 88,068 —- consolidated not subs, {Other assets life of {Credit 1938. Industrial Y 18,169 39,008 — "- 449,700 325,055 summary Public Sept. 1,641,744 132,629 furniture and fixtures surrender value Cash bank Federal Reserve in houses, estate $285,067 86,328 for taxes provision in of Dec. as . discounts iiBanking 425,550 195,033 441,705 325,055 417,500 Y requirements paid therefrom. §Loss. $27,007,240 $18,665,681 26,234,641 24,695,496 3,676,777 4,455,010 48,619 61,279 33,382,222 30,382,068 — 155,250 153,000 {Municipal and listed securities investments, bonds and securities and 326,178 $822,908 on and years subsidiaries, building ! S. 553,724 $926,932 paid— dividends •After Y:Y..Y' of 246,678 639.405Y $799,576 retired i Total undistrib. inc.— ' .'■■■ <■ now include discount debs, dividends Pref. for con¬ basis 934,957 $1,113,950 . income, on ended year (as above)— v General the Fort Wayne, Ind., plants of the Koppers properties for the manufacture of heavydutv haulage equipment required by the defense program. The plants which embrace a total of 45 acres have over 200,000 square feet. They include a plate shop, warehouse, machine shop, power house and miscellaneous buildings particularly adapted to heavy duty construction. The plants are completely equipped with power, gas and water. The manufacturing buildings and warehouse are pro¬ vided with center craneways as well as considerable heavy machinery all included in the purchase. Located on the main line of the Penn¬ sylvania RR., adequate siding facilities are provided.—V. 154, p. 1263. company has purchased and will utilize these Co. Fined by Three $20,000 Co.—Bakery Baking Firms and per share. U Executives U. S.— baking companies and 10 executives were fined a total of District Court at Philadelphia Jan. 5 after they Federal in pleaded nolo contendre to charges of conspiracy to fix bread prices' along the Eastern Seaboard. Y The companies fined by Judge J. Cullen Ganey were General Baking Co., New York, $5,000; Continental Baking Co., Delaware, $2,000, and Capital Bakers, Inc., Harrisburg, Pa., $1,000. Individuals were fined $12,000.—V. 154, p. 1492. General Investment Corp.-^To Delist Stock— Foreign Power Securities Corp., 'i Interest Other on on Ltd.—Earnings— j(M- Year .. —; bonds-. —-— deductions to Excess made Discount — of expenditure on company's over — $17,849 103,680 7,523 $93,354 revenue bonds purchased ^ during year The for ■ deficit for year announced Jan. 2 that a hearing registration on the Boston Stock Exchange.—V. 10 Days Ended Dec. 31 redemption 49,267 $44,087 has been set for Feb. 154, p. 1630. Georgia & Florida RR.—Earnings— Period— Oper. Balance, SEC .4, 1942, ai its New York Regional Office, on the application of the corporation to withdraw its common stock ($1 par) from listing and , investments on of $1.50 per share on July 1, last, April 1, last, and one of $2 on Dec. 26, 1940. one $326,178 dividends. as paid securs., Undistributed $792,946 71,383 - YY-',' Y' Y Y Dividends and interest The received $10,715 in 1939 realized on sales of dividends. {Includes $7,900 in 1939 and $6,476 during year. {Profit Assets—: ' 654. $553,724 securities and preferred capital on profit sold corporate reorganization filed on June 6, 1941, is approved." States which were represented at the long jurisdictional West on $884,136 54,476 Cash Y Moore, Judge for $892,262 •v-YvOYY {{Outstanding A and B the petition last June. The petition was assailed by counsel for several of the States. Among other things, it was contended that the securities involved were mostly In 540,774 ^28,529 of Condensed Consolidated Balance. Sheet, Res. figure carried never were He about first was it was estimated that the face value of outstanding invest¬ years ance Net the In held $2,055,330 which are operated on a self-sustaining basis; liquidating companies, the invest¬ ment of which is stated at $398,060 in 1939, $267,359 in 1938 and $266,564 in 1937, less than present appraised value. {Segregated as follows: Dividend on preferred stock of banks, $14,136; minority interest (common stock of banks), $31,906; interest of First Security Corp. ($3.38 per share A and B stock outstanding Sept. 30, 1941), $835,565; total, $881,607: {Loss; {Real District the 1 Other , Granted Petition to Reorganize— Federal 379,285 124,959 from not {Loans - 392,026 426,156 $948,850 which inc. •Does ■ per 1,434,118 427,100 1,423,873 examinations— Federated Department Stores, Inc.—45-Cent Dividend common as $639,405 of in preferred stock. amount of Total (old); second 1940 value stated value—Dr. over *1938 • 1,415,401 — excess year's needed preferred stock non-cumulative 133,086 — of shares $2,596,104 profit— in tingencies stock stock common non-cumulative first for Dealings in the above securities were suspended ;• on reserve rent certificates (a) RR.: (c) 149,535 redempt'n of 2,000 Unamort. none Erie 38,278 -164,820 $934,957 previous balance— Miscellaneous credit $2,691,564 $1,128,285 latest certificates of deposit 42,258 . {Profit 554,210 Less arbitrary net trans¬ 14. (3) 1 30 $2,753,480 «.'• Dealings in the above securities were suspended at the close of the trading session on Sept. 29, 1941. Transfer books for old stock closed (old); *1939 $2,199,270 1,642,718 losses Oct. (b) Ended Sept. $2,073,604 617,960 bond sales oper. prof, Recoveries Y-^yyyyyy^'... ■ Years $3,017,724 — Total stock {At 1940. Yy'yY' !Y 'YY! Y-. 38.059 Miscellaneous credit , preferred in 649,176 income Operating expenses Interest paid 50-:year sinking fund bonds due July 1, 1955; (i) Genesee River RR. first mortgage 6% 50-year sinking fund bonds due July 1/ Dealings in the above securities were suspended on Dec. 29, 1941: (2) Erie RR.: (a) common stock (old); <b) 4% non-cumulative first ous . mortgage 6% 1957. for 1940 $2,368,549 income Other Total 1996; $232,945 and 1941 Consolidated Income Account received Interest con¬ 1, $275,479 in 55,358 surplus—previ- YY- ■ v.'Y balance $14,169,944 $14,264,031 $14,363,022 $14,454,522 Excess on 7,920 37,510 exchanged $3,013,703; ; *• « $3,517,548 of corporation's officers as at Sept. 29, 1934, plus additions at cost, including $85,863 premium on class A for subsidiary stock: Companies in active operation, companies in liquiudation, $39,007. subsequent excess Excess value, ,Y 7,920 ,\.V . 56,653 YYv 1941 values November the 1938 received ' 7.920 ,; 33,557 Statement of value, $21^,350 in 1941 and $201,462 in 1940 and $136,346 1939. appraised in in . 330,000 , market 290,151 in $890,820 172,419 received 681,441 $3,641,470 - ♦Market ($1,961,480 for the 12 months ending Nov. 30, 1941) for profits tax under the Revenue Act of 1941 (none estimated under 14,170 $4,671 : ' 73,205 Capital in Federal as - — ' —, $33,980 60,000 372,525 surplus .16,356 — custody of legal auditing & securities 1,436 100,000 681,272 . „ Earned surplus companies, amounts taxes Reserve for contingencies^—:.---. included as deductions above. §In excess of its preferred dividend requirements for the period, less minority interest, credited to reserve for deprecia¬ tion for Provision .907 ... {33,804 330,000 $872,878 {17,942 $1,120,947 330,000 1,452 YY . accrued {Includes Y7; 1938 $1,236,857 8,528 registration, ♦Including 580 1939 24,814 30;277 Y Y ^ Net income for year— 200,000 H Years 1940 127.557 YY debs. on report expenses Other expenses $2,269,770 Y 200,000 Accounts Balance for debentures ' * Co., Inc.—Earnings— 41,840 — ' Liabilities^— $5,278,163 $8,648,069 . 146, p. 440. {$1,212,043 {$1,087,143 —$1,381,950' paid and Transfer, trustee, sec., $4,871,959 preferred on 18,169 Taxes 182,258 $3,641,470 — Engineers Public Service Co. 255,685 $8,627,851 Calendar Y *$1,340,110 of redemption or exchange of 5% debs. 2,993,337 16,504 insurance Y;:•••'■■' 1941 bank loan— on for Exp. 334,726 company Total— Balance 210,540 y Investors bonds Amort, of disc, •193,130 {3,052,710 —_.y—'——■. suubsidiary companies .-' Y v stocks— on Interest 1,436 'Y:Y .200,100 ^ :Y,'; income Interest $130,883 907 ; ————i——„ 199,197 \V.. Income Account on on Total ' 1940 1941 account! Y—IyYu {Stocks Inv. SEarnings of - 1,500,000 trustees.—V. as •'•' American •Y.:Y;YV Dividends Y'y' (Company Only) ? banks dividend ——Y— in "Bonds 4,461 5,000,000 1,500,000 ————————— ■" " 98,422 5,000,000 $100)__— ^ , 30 (par 1 . 1,934 i — , 1 („ liabilities — V. . ' stock $1,789,500 7 198,720 . ♦Deposited with Montreal Trust Co. yJn 49,107 1,899 2.291 • banks——— in Cash $5,611,127 ' $5,653,885 : . $8,648,069 $1,728,000 (125,000 no par shares) surplus Total 1,114 - Total $8,627,851 , ,J Balance Sheet, Sept. Assets— r 1,193 bonds, series "A," 1949 (incl. int. to June 1, accrued partic. pfd. cum. Earned 11,083 Y , — conting.40,000 Y, ^ 453 1,563 —— — Common stock 12,497 V, , 1,939 6r/c $452,839 $340,565 yy $401,292 $226,634 Note—Earnings shown above do not include .accrued and undistributed earnings of subsidiaries. T, 86,824 2,578 — in arrears—$155,520) Accounts payable and accrued 1,210 .Y,Y868 928 net "transfer for res. investments— 88 , Net income for year—- 6,163 7,574 declared-——— discount to 1940 $8,559,600T 54,409 on , Amount 1941 $8,569,301 loans 1941, * — 860 YY re- Y" , '717 y-y; :- 21,208 .vY valuation call First collateral trust 6% $321,699 2,660 ■' 1 609 \ -r: Taxes Arbitrary ' ; Y $440,613 YYYYYYYY ^ ':Y Prov. 31 , Liabilities— 23,366 $371,771 in- policies.. on 2,705 22,911 . ' serve and Bond income and Interest Cash v\"" Misc. expenses 1 1,193 62,664 on Oct. - YY/Y — Premiums at value accounts stocks Stock Balance $344,621 charged- on surance Balance 1938 4,368 of accounting;. expenses—Y— : ' 7,421,385 Interest book at 1939 bonds assets Legal Y. *. ' of $1,532,199 $17,221,785 $17,366,990 < 37,914 39,558 149,512 $1,433,612 24,437 rev •Investments $444,797 received sale Sheet Assets— (Company Only) 1940 received on Recoveries / Balance v , . 30 1941 Dividends 6,395,649 2,342,543 .5,976,120 - Account for the Years Ended Sept. Y $4,959,061 $63,913,420 $5,721,641 Security Corp. of Ogden—Earnings— Income 1941—12 Mos.—1940 1941—Month—1940 revenues First (& Subs.)—Earnings— Engineers Public Service Co. Period 189 ' —V. 1941 -revenues 1R!v r> ISfi (est.)— 1940 $37,650 $27,255 —Jan. 1 to Dec. 31— 1941 1940 $1,612,735 $1,153,538 i£gB»SW!S» MteomwatMmnseiMitamA^^ THE COMMERCIAL & FINANCIAL CHRONICLE 190 1940 $3,553,784 3,006,003 $3,559,045 463,931 462,473 bond issue voted was to permit the books \ — — —-—7 — 2,984,813 applic¬ Add share of loss of subsidiary company able to minority interest Unimproved properties—expenses Balance 19,299 ——. operations——- Income from real estate other from Income sources-.-.-. — 142,928 — $234,580 expenses Federal income tax. Net income Plaza Park applicable to - the stockholdings amounting to $18,701. Corp. Corp. 30 Sheet Sept. Balance Consolidated Assets— Cash %. 'v.v assets Other . '! 252,025 stock tComraon stock 1940) 154, «. 1,544,322 3,907,595 before selling, 271,014 $391,592 271,014 Sheet, ■■■ ■■ $5,437,810 $3,268,028 lll.Joa —-r 335,864 846,862 ; Provision for depreciation and depletion.—-- income tax— 245,231 835,754 990,000 Sundry deductions 292,000 — 15,000 150,000 Minority interest in profits of subsidiary comp. 15,796 profits tax and X" V"' 30 Nov. X 1940 $205,174 627,201 982,943 ;A;. 91,888 65,033 - 93,569 M 5,221 Net Net state taxes.., ... ------ 55,309. 552 m tpr* ~—.' — »On 100,000 1,152,990 110,095' 1,122,455 •" 421,222 $3,123,366 losses, trade discounts, returns 226,073 $2,722,782 and advertising allowances of $84,630 in 1941 and $89,937 in .1940. tAfter reserves for depreciation of $488,758 in 1941 and $450,884 in 1940. Represented V. 154, no shares. par Represented by 13,787 shares at cost.— 797.,'X':;.A:V p. to $17,125; Net Net ry. 1940 ,, ,.:i939 ; $162,316 /_• $148,988 24,110 50,429 40,319 *4,444 f1 27,820 "X:, 3,436 - 20,472 ' '15,617 X V railway ' 1.837,861' 1,604,082.. 1,414,461 1,563,674 .. " Net from Net ry. railway____._ 549,037 income— oper: •Deficit.—V. 154, p. 443,702 252,753 : investments • .. account on „ 449,380 204,096 445,434 ■ 192,030 > 355,062 ='"144,159 v 1378. . V. Farley, Assistant 1631.. to . the President, has. been on convertible Dividends on common 1,143,788 904,152 $3,08 $1.55 preferred stock...... stock—... —..... Earnings per share of common stock. * of hold¬ ers of convertible preferred stock, authorized the refunding of $2,000,000 long-term and $5,000,000 short-term notes payable by an issue of $3,000,000 of debentures bearing interest at the rate of 3% and manuring July 1, 1947, and $4,000,000 of notes payable bearing interest at the rate of 2% maturing $1,000,000 annually July 1, 1943, to 1946, On Oct. 2, 1941, the board of directors, subject to approval approved the refund¬ Holders of convertible preferred stock inclusive. X.;---X- X r shares of its common stock from operations of Oct. 31, 1940; nor will the company expend in excess of an aggregate of $200,000 in the purchase, redemption, or other retirement of any shares of any class except out of such consolidated net earnings. As of Oct. 1, 1941, the company acquired an additional interest in common stock of American Zirconium Corp. in exchange for 22,700 shares of treasury stock having a cost of $316,492, thereby increasing the company's investment in that corporation to approximately 90% of the outstanding common stock, in addition to 100% of its preferred stock. The accounts of American Zirconium Corp. have been included in stock) payable in common on any consolidated net earnings derived and its subsidiaries subsequent to of out company sheet. the balance Profit >; x- v . from Profit Other Balance Sheet Oct. 31 Assets— Household Finance Corp.—Outlook for 1942r &c.— —— . current 655,613 1,129,926 Cash surrender value life insurance—......... notes and accounts, etc...., Property, plant & equipment Intangibles Deferred charges 523,246 1,807,564 496,370 127,526 187,505 (net)..— 16,922,540 V 127,714 15,043,421 647,428 __________—. 496,569 ... Total 86,860 $45,161,410 $35,910,650 Liabilities— payable $6,000,000 Accounts payable Federal, State and Dominion income taxes 3,570,703 506,377 1,239,588 Bank 2,000,000 liabilities taxes, Serial Minimum 4Va % interest, etc— : _— loans Reserves i interest in 340,102 * stock 100,552 —_— Dr ___X- on Dec. 18,007 18,024 .X. tion ,i-___XX---,- with loss advance on 292,160 —$45,161,410 $35,910,650 30 approved the recommendation of the by authorized the directors to issue bonds up to it in buy have • Miscellaneous v income taxes instalment •Made i_ under of agreement for propeller hubs. Note—Provision and $69,673 2,277 $94,737 in for 1940 ■ ■ operating no loss carry-over from preceding years, Federal income taxes payable for the year ended * A; V Clark, President, Sept. 30, - , in part: says the unfilled 1941, backlog of orders was $6,884,707.. backlog has significance when it is remembered that net sales during the last five years have averaged $1,693,560 per year. ' Because of the high percentage of our business which is national defense work, we anticipate, for the coming year, no interruption of This operations due to material Aircraft Most of our customers are now shortages. also engaged in national defense The work. on contract thought for the will commence. In April, $1,500,000. utilized still 1941, more manufacture shortly We are for also of a such contract estimating work for other manufacturers. company created unused floor space. a on similar routines v" but should not " X- , concentrated is on loans Parachute Division and than doubled. in winning the As war. business our is, insurmountable difficulties during the period which 154, p. 1191. Hunt Bros. Packing Co.—Accumulated Dividend—? directors The account of have declared accumulations March 1 to this issue on Dec. 1937.—V. a of 30-cents per share on cumulative preferred stock, pay-, 2. A similar distribution was dividend the 6% on of holders record Feb. 1, 154, last, which was the first dividend paid 797. p. - ■ , - (F. L.) Jacobs Co.—EarningsEarnings space ♦Net thus assisting • These factors indi¬ of Aeronautics, for the order are being made, ill be -completed op sched^le.1^. fnc* the contract In September, ' 1 ' 1941, we fully qualified our Rarachutes with the U. S.Army Air Corps and received the rating of an approved supplier. On Nov. 28, 1941, company received from the U. S. Army Air Corps a contract calling for the manufacture and delivery of parachutes and certain spare parts in the amount of $854,490. In connection with this order the Government will supply approximately 65% of all material used, the value of which is not represented by the above figure. To insure satisfactory fulfillment of this order and other anticipated orders the Parachute Division is being extensively expanded more .•■■:: of ahead.—V. is amounting to a considerable At that time we were awarded a contract by the U. S. Navy Department, Bureau manufacture of parachutes. Shipments on this and personnel the sale of consumers" any on . administered by the under the Executive closely with the basic industrial fabric of the nation, we foresee February, consummated basically not do made of or • since excess merchants our business wing in of financing credit; nor does dealers; nor does, it on materially restrict this xX-.' X'-X'-XX y:", to family units for family purposes. Less than 15% of its loans are to single persons,, and about half of these are employed women. The number of cus¬ tomers called to the fighting forces will undoubtedly increase, but this problem can be anticipated and should be no greater than the increase, in the number of persons who became unemployed during the last depression period. In March, 1933, it is estimated that there were1 about 15,000,000 unemployed in this country. It seems unlikely that more than 5,000.000 men will be in the fighting forces by the end of 1942 or 10,000,000 by the end of 1943. :X > ; A "The increase-in the fighting forces will draw upon the company's operating personnel. This problem will be met as it comes by theemployment, of older men. "Approximately 99% of Household's assets are customers' instalment notes and cash. The notes are the obligation of approximately 665,000; customers.The average balance due on each note is $128. , These customers live and work in 190 different cities. They repay their loans, out of income obtained from every type of industry and service. - Thesefactors give the company's assets diversification and liquidity. "The management of Household intends to conduct the company'sbusiness in strict accordance with national policies and with the pri¬ "Household's panel is under final discussion and it appears very likely that negotia¬ be In operating .*-,X'* company. able production shipments will business lending is a necessary opinion the restraints imposed by the regu¬ credit terms have been distinctly in the public interest. In terial, new the sellers with action.- interwoven so A in merchandise Order of Aug. 9, 1941, is concerned largely with durable goods on credit. Regulation of cash mary Division space. Brewster tions from . . been of automobiles, household appliances, or whereby their customers are referred to the company for the purpose, of financing purchases. Household's business is the lending of cash to people who apply on their own initiative. Every loan is preceded by a request from the borrower. .^ r presently occupies a large percentage of our Prototype wing panels have been delivered to Aeronautical Corp. and your company is advised that the prototype Model 340 bomber is now being flown. Company has thus far been engaged in assembling and training personnel and building up inventories of structural parts. Production tools, jigs and fixtures are completed and, upon receipt from Brewster Aeronautical Corp. of final engineering changes, and the remainder of necessary raw ma¬ floor receivables has other • net a has 1941. 30, of manu¬ . of company R. W. t$409,915 depreciation in the ,amount of $75,124 iij 1941, has been charged against income in the above statement. As TT,483 tLoss. or respects they have been self-imposed by Household for many They tend to stabilize the small loan business and should not penalize "lenders whose past practices have been sound. They impose ■ acquisition of rights relating to never merchandise burdensome 95 Net income facture • (sub. co.)__ and certain Xx/x'x/vx-'-'''1-"; " deductions Provision for Federal 9,417 not agreements other any lations connec¬ —_ is purchase of automobiles years. 12,300 made financing amount of aircraft ,,, also 5,474 cate a steady increase in number of aircraft workers and factory allocated to this division. directors cutting capital of the company in half to $1,250,000 changing the par value ,pf. the stock, from $10 to $5 per sjiare,. stockholders t$313,298 71,637 5,808 9,997,000 Gray Manufacturing Co.—Par Value of Stock Changed stockholders $142,641 ______________ 8,374,037 7,452,736 8,942,329 97,520 the , 6,591 4,180,655 —May Issue Bonds— The 47,092 8,374,037 'Represented rby 835,591 (np, par) shares. tRepresented by .5,048 shares of preferred stock and 300 shares of common stock in 1941, and by 16,671 shares of common stock in 1940.—V. 154, p. 1377. The ■ • . v t$319,889^ $95,549 ' • . V "With the nation at "war stockholders are entitled to a special state¬ ment, regarding the company's operations. Nothing;can be added to' what is already known concerning such factors as the uncertaintiesof war, taxation, costs of living, inflation, &c., which apply to all businesses. The following information about the company and Its past) experience is specific. ' ' " X y • ■ c "The program of consumer credit control being Board of Governors of the Federal Reserve System, 220,347 4,180,655 ___— Treasury stock , t$99,542 9,997,000 —_— _— 117,886 ' 169,829 ' ______ Payments 1,500,000 209,880 stock surplus Total 346,063 2,000,000 subsidiary preferred Capital surplus Earned $1,793,778 238,360 — convertible •Common JX. operations.— ;. Provision for factory loans $265,378 income Interest Sept. 10,612,031• 527,497 Miscellaneous Accrued - _____ 4,590,873 accounts. Investments in subsidiary company ? 1941 1940 X X", $2,425,205 $1,129,829 2,159,827 1,229,372 ; Losses in cpnnection with passenger trailers Expenses of idle plant__.____________ $2,126,192 7,179,515 15,521,123 .... 1940 $2,262,551 Accounts, notes & acceptances receivable Inventories Notes * „ sales___ from a Henderson, President'of the corporation, in "a letter-addressed stockholders, states, in part: X X ' X X X , collateral the 1941 Miscellaneous ,, income Because Consolidated „• ; Selling and administrative expenses Gross An indenture relating to the issue of the debentures contains an agreement that so long as any of the debentures shall be outstanding company will not declare or pay any dividends (other than divi¬ dends Sept. 30— Cost of goods sold____„___________i_______:»_r. ■ the except Ended 1941, and the indebtedness was refunded as of Nov. ing in November, 24, 1941. the s.)—Earnings— A- Years :x;x'Xr elected XX;;-;v"- XX „ . B. E, to "Household $1,727,829 449,886 $3,010,390 profit y . of , Net Dividends and In Horn & Hardart Co. (N. Y.)—New Director— :f , X ; \ . . $501,788; assets, payable and accrued" iexpenses, $105,786; pay- " purchase of U. S. rights due Dec. 8, 1941, $18,674; provision for Income and excess profits taxes, $53,218; balance owing' on the purchase of U. S. rights payable from 1942 to 1945, $74,695;' 6% convertible debentures, $130,500; common stock (20.645 no par shares)) $221,670; capital surplus. $1,162,009; earned surplus, $247,237; total, $2.013,789—V.-151, p. 1433, • . 1— .fixed Liabilities—Accounts ♦. ment X X, 4.11938 ; < $138,793 $161,490 income oper. from life -Earnings— 1941 / railway From Jan. Gross X • railway.X— from from of subsidiary, $44,571; goodwill, trade name,, formulae, organ¬ $723,693; United States rights, $600,000; total, director.—v.. 154, p. Gross 1''", 'X XXX X7 receivable, $3,370; inventory, $84.insurance, $9,573; deferred charges Sheet, Oct. 31, .1941' accounts value stock. expenses,' etc., $2,013,789. ^ $29,164; surrender operations, advances ization XX; Cyril Green Bay & Western RR.- $3.89 par shares of common no Balance 78,507 1,152,990 <410,095 1,118,586 i._— 230,598 41,290 107,413 A » 45,000 $80,346 20,645 V, 4-—r1 96,798 15,079 profit' v 123^834 $237,223 Earnings per share___iX__ Assets—Cash, 244,247 652 X Dividends 505^'cash ... AX———- and amortization Provision for income and excess profits taxes to _l_ •Xy'X/-; A $45,438 taxes and expg.ii 282 .■ profit before depreciation, taxes, etc.___ $172,581 taxes__ $236,289 .___________^____X $2,722,782 £ * _______________ Provision for depreciation $3,123,366 : -- X :X $1,716,279 1,479,990 sales_______-______— Interest' 64,797 559,967 ,3,221 537,419 ; for Earnings for the Year Ended Oct. 31, 1941 _______ of Sundry income 86,102 11,052 50,697. 8,298 stock *'• Profit from operations— $286,646 675,358 assets reserves ; Interest earned 1 1941 1,489,563 November— excess Cost t Balance Earned surplus $2,846,851 $5,125,030 loans and serial notes...—73,899 Total income Federal normal $317,241 271,014 profits taxes. — 47,322,882 63,776,677 admin., & gen. exp.. depreciation, etc..^ interest, Interest on bank Federal 271,014 5i Treasury stock—Dr. Capital surplus ____.ii.__. 750. p. Sales $386,937 _____— income by 1940. • $462,294 Accrued wages, commissions, Accrued ♦After $50»169,733 1,294,494 $1,771,387 Honey Dew Ltd.—Earnings— _— Total Inline ————-$®8,901f706 1,199,757 $3,583,848 ———«;—, 57,745 t Other income Dominion 88,021 Accounts payable—trade r — goods sold, Profit •78,219 Notes payable tRepresented by 117»035 ^Represented by shares of $1 par shares. par no 1728. p. 1,217,007 reserve for doubtful accounts of $28,899 in 1941 and $21,254 tAfter depreciation of $1,735,345 in 1941 and $1,750,029 in :4Represented by 874,853 shares of $2 par after deducting capi¬ tal stock owned by subsidiary company (147 shares at par), SRepre-' sented by 574,664 shares $2,par after deducting 147 shares owned by Liabilities— 19,984 8,055,000 of cost. in excess values not 695 §1,149,328 . •subsidiary company.—V. 152, *245,153 assets Total $885,369 4,520,397 1,544,322 — 464 1,243,396 .'After in H 44,231 50,336 Prepaid value and deferred charges. fFixed A 176,637 tl,749,706 paym't plan stock w-r—,;-—X——— Total foreign Miscellaneous Glidden Co. (& Subs.)—Earnings— Cost of ; 50,21$ Cash surrender value—life insurance_.__a.__. $18,118,958 $18,932,667 sales 49,941 Inventories 621,677 21,735 377,471 1940. 6,915,285 2,925,875 Years End. Oct. 31— !Net 48,079 hand and in bank on iCommon ,• 1,073 42,246 •Accounts receivable—trade 4,944 4,524,335 12,113 — — rp.i.Qi in 5,846 43,389 2,939,924 8,217,875 (161,100 9,748 2,681 excess Assets— Cash 6,228,125 $894,438 ■(Preferred value.—V. 15,481 29.53Q : 241,518 taxes payable under deferred Deficit. $477,508 11,357 .; 2,067 : 44,868 *- 106,663 liabilities Capital ■ ....— market Local $18,599" 174,879 1 95,359 Capital surplus accrued expenses and sundry Rents received ip advance •At 8,786 Consolidated $18,118,958 $18,932,667 against advan. on real estate mtgs., &c. Reserve $588,850 ' Trademarks Accounts payable, $138,225 14,875 dwellings under constr. M,193,399 Cr4,695 •Includes 1940 Liabilities— creditors 86,131 $578,946 X _______ $1,970,688 581,997 .... — __ payable X; Accrued $400,569 76,939 $802,859 in Investments Total $502,719 76,052 'exchange ... t .-v'V.X_-__U;"';X Customers'. deposits $1,840,635 Cr4,690 profit Dividends paid agents and tenants currently and accrued interest received—.... 264,184 Real estate mortgage loans 6,158,438 •Marketable securities —1.988 Investments in stocks of allied companies: — 2,917,414 Real estate investments 6,681,026 $1,997,835 $502,894 Prov. for income taxes renting from due Amounts $2,022,372 $711,179 .... , Fluctuation General jf $1,771,387 -X.V.^: ;X'XX''1 ; Instalment mortgage note payable- 1938 X. 1,440,066 Net $1,513,912 —————. ——— ... 1939 ; 1,495,115 income taxes j (Exclusive of Lefcourt Realty Corp.) V • 1,519,479 insurance & old age benefit taxes Reduct in prior years' applicable to the stock¬ which share amounts to $256,934 after making provision for "dividends on preference stock. (2) There has been excluded the share of net loss after depreciation for the year ended Sept. 30, 1941 (Unaudited since Dec. 31, 1940), of Central 58,869 $3,583,848 , Liabilities—.. Unemploy. of General Realty & Utilities Corp., Realty & Utilities 18,431 18,990 1st & 2nd mtge. pay. on 1,607,667 Depreciation of the loss for the1 year of 1940 $2,318,845 Total income 1941, of Lefcourt Realty Corp. 30, ended Sept. holdings Total •, 235,272 charges; assets v.i—, ' $76,115 $61,692 Other -Earnings— 91,680 Income charges Interest —~—---—. X Deferred of Long-term debt sales- Operating profit 500 There has been excluded the share Notes—(1) '> 1941 Income credits 180,254 .'—— from 18,996 4,190,402 Patents Notes payable: Sell., adv. & admin, exp. A- incl, disc'ts on sales.. $256,870 172,888 Total income Administrative profit 313,706 37,668 1,278,249 " .. Years Ended Nov. 30— Gross $12,231 S 158,752 294,224 1,125,059 fPlant property Accounts $112,663 144,207 $91,652 earnings 1940 1941 .. Inventories " 5,146 5,135 consolidated) 88. p, net - Investments.' engaged on war production subcontracting for. Co. and also is making other military equip¬ now Gyroscope 155, had " company (H. W.) Gossard Co. (& Subs.) $107,517 $86,517 is company Sperry ment.—V. (not Corp. Plaza Park The 7,234 $128,993 21,477 the _■ Central from Income 11,966 $105,816 improved properties—^—-— from Income — — During the month of October the $19,000 and in November $25,000. $121,759 $93,850 — Sheet, Sept. 30 '■ : $594,384 to , Income after depreciation Balance ■ •Accounts and notes receivable..^ obtain additional working capital if and when it became .necessary to purchase, because of expanding business, new machinery and equipment and also to carry on other normal operations. It is not contemplated at present by the management that the maximum amount of the bonds will be required.,;.1 xx-V -.'jlx ; X.' x-.x'V, cbmpany . J Assets— '• - Improved properties—gross income Operating expenses Depreciation The 1941 Years End. Sept. 30— Real Estate Operations: the on the company of Consolidated . The Lefcourt Realty Corp.) (Exclusive of amount.of $500,000 if necessary or advisable. capital stock reduction eliminates a net deficit of $168,216 and creates a surplus. an General Realty & Utilities Corp. (A Subs.)—Earnings Tuesday, January 13, for the 3 Months loss Oct. Ended 31, 1941 — .;»■ $72,264 •After tionate depreciation, taxes, etc., but exclusive of company's propor¬ share of profit of Air-Track Manufacturing Corp. amounting to $30,137.—V. 155, p. 52. Kansas Oklahoma & Gulf Ry.—Earnings— November— Gross Net from Net ry. Net 154, p. $203,347 123.556 65,179 " - •: r ,1939 $168:285 1938 $186,288 92.327 32,002 . 49,488 .. 91.299 1— railway. railway oper. 194Q 57,848 income___ from from Net ry. —V. , railway oper. From Jan. Gross 1941. $212,598 119.676 . from railway Income 1265. * 2,060,319 2.285.147 1,266,944 . 751,8(0 , " t 1,125,456 672,979 ■ - 2,514,460 1,359.481 858,204 • .i 2,105,523 1,018.472, , 615,354 j The SEC on, Dec. 30 issued an order permitting to declaration filed regarding the reduction (effective . i become effective Oct. 20, li>41) : . . ^/Z'y///'?-'//.'' sales, less r Cost Cr42 1,200 from $4,851,917 $1,355,109 90,563 1,110,00011;; 5,279 247,000 1,268,000,,.** ry, railway-, . -, . Net railway 3,545.930 • from railway.™— ry. oper. income... '•Deficit.—y. 154, \ $5,018,100 1,069,668 income Net Dividends . —. ASSetSrCash : charges Loss orr / — 182,677 $558,650 I : —— deposits—advances on sales contracts employees' wages for purchase of U. customers' V Reserves, not shown, elsewhere Capital stock ($10 par)-.— • , ' i_— 37,035 S. bonds r—— ./. Withheld from ' ' Capital surplus $0.62 ; L^ab'Pties— ' '**'< - , Accrued expenses Months - *Net profit *'■ 8,493 < ' subsidiary.—V. 154, < p. 1493. , Kelvin a tor of Canada Earnings Consolldatcd 475,743 taxes Provincial ' Net 'Earnings 100,000 *On r , $1.20 Assets—Cash, $223,492; Dominion of Canada War Loan bonds—at plus accrued interest, $49,791; notes and accounts receivable r (net), $166,439; inventories, $498,528; investment in Kelvinator, Ltd., England (after reserve of $101,333), $215,000; property, plant and equipment met), $232,104; deferred charges and travelers' advances, $13,299; patents, goodwill, development and selling rights, $422,736; total, $1,8?;,m • Co.—Pan-Phillips Contract— cash, 000 : has entered into a contract whereby Phillips Petroleum Co. operate all Pan properties and will purchase all oil and gas pro¬ according to a recent Fort Worth, Tex., dispatch. The King Oil Co., besides its North Texas properties, has 2,051 acres of leases in the Panhandle field of which 2,011 acres are in Gray County and 40 acres in Carson County.—V. 151, p. 1434. ^ will duction " ( * profit Admin. & less exp.. Interest expense income ' $628,770 856,079 873.397 3,846 5,705 §33,334 112,494 _ taxes-,,- for year.. Dividends paid— ! Shfi. cap. stk. (par $5) .Earnings per share— ' ; $95,700 profit Net Oct. 29, '38 $883,568 etc. miscell. income— Federal Oct. 28, '39 $931,776 $1,006,277 ———, gen', Nov. 2. '40 Nov. 1, '41 Years Ended— •Gross $57,501 • 836,840 761,058 3,695 $36,431 $36,431 for Note—Provision 67,873 $1-41 depreciation on property, included in the statement for 1941 amounted to » : Comparative Balance Sheet 363,130 411,002 $2,304,641 $139,211 $795,239 §$1,269,403 35,043 58,357 45,925 $2,362,998 $185,136 21,739 18,384 . '■ profit .„^™^- Inc. $834,165 §$1,234,360 18.4S4 24, 432 p. ital tLand. buildings, Trade-marks machinery and fixtures™... Nov. 2, '40 $404,823 $423,436 arid goodwill—-..-.™—i $Notes and 1 Sundry — investment 1; 619,259 1,320.134 1,159,408 143,398 110,160 receivable—:.—.—... accounts Deferred charges —— — — 1.182 563 110,837 Inventories etc. (net) Fed. inc. taxes Other Spec, profit & loss taxes 1*24 400 J689.859 21,791 -4————--—,,™—————- 17" 363 credit $18,159 prior yearSj 22,180 y "'86,293 Miscellaneous income Other income .1 0.; Operation of theatres & office buildings 4,102.933 Prepaid expenses and 220,496 3,661,460 86,382 rentals 2,321,960 5,320,294 41,280 Interest ../, ; $100,000 $820,^20 158,342 6,33.635 391,769 10.000.000 c-vnble Accounts li«bilities Provision for Federal income Accrued Reserves (par $10) tax— /_ Capital stork Earned $2,436,310 rp<!nrvfts fMarket —— 1,982,270 surplus stock (par $5)—————Notes payable —— Accounts payable ■„ ' —— Accrued payrolls, interest, etc. Federal tax provision™. Earned surplus Common —™—~ Total 800 000 350.000 153.831 80.465 201.218 139.049 33,000 11,500 487,646 1,142,246 ! surplus •Treasury stock Paid-in $360,000 —— Dr44,922 ——$3,133,019 391.946, 1.142.246 Dr38,897.. $2.436310 and 3,402 shares in 1940. tAfter deducting $492,301 in 1941 and $472,055 in 1940 reserve for depreciation. tAfter *4.127 shares in 1941 . $43,400.—V. ^54, p. • . L*»e Rubber . & » i. * Tire • 1699. ' on bonds and of subs, & mtges. on 779,515 A. regarding supplies of crude rubber from the Far East, resulting in restrictions on the sale of passenger car tires, direc¬ tors cqncidereri it- advisable to increase the reserve for contingencies to $600,000. This required a charge of $230,445 against the surplus account./' ■■■<.-■->" ' - «'»;'• < > 11: < > >»•: \ . ■ r . .. -i U 233,493 267,161 261,580 1,000700 3,190,031 3,722,875 2.OOO7OO 3,551.357 3,815707 1,800,855 1,958,851 3,967,904 1,544,464 62,782 '!.'<! ,i JvSI). . i .5 365,000 24,423 — 36778 V. 683,730 419,297 advances- 70,030 45,753 278.663 98,342 99,983 83,805 and corporation Net profit 218,313 —„T_— 57,045 36,100 — Common divs. Shares com. 8.903.470 9,841.531 888.693 5,596,594 1,665.713 1,665,713 1,599,053 $6.15 - . 888.603 4,037,565 1,665,713 (cash)—stock out¬ 887.718 -3,331,386 $4.82 per * stock 7—£-2. common : t 9,924,934 884.143 4,997,034 (no par) — share on standing Earnings (■ 100,498 :::::: 11,1^4,593 dividends Preferred (■ 548,809 538,370 on Miscellaneous deductions which-have- arisen i 905,593 697,535 subsidiary stock sale of capital asset of partly-owned ments Loss State, county and local taxes for the fifr^j vear 1941 amounted to $1 809.642 as compared with fxes of $1,237,163 in 1940. In view of the war in the Pacific and the additional uncertainties , 885,692 585,779 Div. on <" S 777,672 552,460 237,841 allied cos. contingenciesDepr, of bldgs. & equip. Federal income taxesFed. excess profits taxes (partly-owned corp.). Surtax of undist. profits Minority interest share affiliated corporations Write-downs of invest¬ v Report—A. 43,114,275 525,123 Federal, < 468,647 for Prov. Garthwaite, President, states » 448,208 118,559 / bonds Adj. of in v. in JS.O*'? 389,458 10,000.000 647,020 • Corp.—Annual in part:— 5,663.057 end expense /; 5^6.5°0 178.551. ' $360,000 5,143.217 affiliated corp.—_ Amort, of bond disc't pf $134,208 in 1941 and $54,766 in 1940, tAfter rieprp^jntion Of $5,788,504 jn 1941 and $4,884,317 in J940. value 9,061,210 423,929 of reserves for 896,000 5,703,793 397,679 101,745 debentures- ': mortgages $13,986,636 $11,919,656 ——^ 879,121 '— — on Interest Int. bank payable, 42,808,845 661,079 Interest on notes pay- $13,986,636 $11,919,656 ... I, 42,323,174 12,596,773 accessories —— 3,706.625 eauipment.^— deferred charges........ tProperty, plant and 12,860,741 46,692,079 Producers' share of film 186,183 ^— 45,354,014 11,784,683 52,179,936 664,695 of films- 43,968 435,060 138,303,292 127,402,591 123,172,274 advertising Cost of film $310,198 5,359,512 receivable - Investments Total $499,728 145,273 Oct. 25/40 118,941,768 2,567,301 1,228,145 44,315,235 12,008,935 44,300,517 distribute /Oper. of film Amortization at cost— and notes "Accounts Inventories — —— Total income /_——— 128,970,033 Balance Sheet Marketable securities, e v 133,375,151 122,577,543 2,431,834 2,468,133 2,541,802 1,764,489 1,746,836 1,222,380 560,153 713,172 1,060,866 —_—Z— Rents income redemption of bonds of England. liability for excess profits taxes, Oct. 31/41 1938 * £ $51,065 special dividend paid by mutual insurance and $17,069 "profit on Co., Inc. (net). tNo tlncludes surtaxes. JLoss./"* ' Total Liabilities— ; / Aug. 31 1939 1940 q> provision for Federal and State income excess & Walton 1941 Theatre receipts, rentals & sales of films, etc. 124,213.557 $647,036 §$1,188,342 $159,715 $1,585,250 income company 4,500 y . Account for Years Ended Income Consolidated 107, 000 90,807 $3,133,019 ■ . '/•;; Y. New York, N. Read Co., 40,922 taxes inrome ♦After Total . 77. 3 80 25,228 assets, Normal Notes Nov, X '41 * / since 155, disposal of cap¬ Loss on , , Vice-President— Aircraft Corp.—New If Loew's, Inc.—Holders of Called Preferred Stock, and Debentures May Receive Immediate Payment— In making formal announcement that this corporation will redeem, on Feb. 15 all of its outstand'ng $6.50 cumulative preferred stock at $105 a^share and accumulated dividends and, on Feb.. 16, all of its outstanding 3'/2% s'nking fund debentures due 1946, at 102 and accrued interest, holders of both stock and debentures are being notified that they may receive immediate payment by surrendering their securi¬ ties at any time prior to the redemption dates at the office of Dillon, . Assets-"-**' Called— has served as Secretarv of the company organization in 1932, has been elected Vice-President.—V, 158/. • •, .',///// / Z7 -7 /■' " ■ ' /''./; ' , 637 Miscellaneous deductions Liabilities— ...•/;. $20,245. 38,326 . — Interest plant and equipment ■ reacquired capital stock . Total 1 (J$136.377 35.130 69,597 Nil §$858,401 $1,158,369 367,555 T Drl49,587 /: $50G,766 Assets— t6,600 68,598, , 69,423 • $0.84 $0.52 ♦After deducting all discounts and cost of sales, tlncludes $1,100 for prior years, tlncludes $994 for prior years. SSIncluding $826 for prior year, and $2,000 for declared value excess profits tax. JLoss. . , its to ' •' ■/ •/•;-.•>/.■ 485,366 4,090 j to 561,657 3.249,859 Cyril Chappellet, who Oct. 27/39 Oct. 28/38 to 383.372 5.364.384 of $103,100 of first mortgage total Lockheed / $2,790,007 - ♦Consists of (B.) Kuppenheimer & Co., Inc.—Earnings— ' Oct. 25/40 , First. ^mortgage bonds of Englarid, Walton & Net J , 551,926 454,211 5% gold bonds, series due 1968, have been called for redemption as of Feb. 25 at 105 and interest out of moneys now held in the sinking and improvement fund for such bonds. Payment will be made at The Chase National Bank of the City of New York, 11 Broad Street,. N. Y. City.—V. 155, p. 157. Oct. 28/38 Oct. 29/37 /. Profit /. Co., Co. of Pittsburgh, recent purchaser of the stock of in North Texas and the Panhandle for more than $2,000,- Oil Pan be- opers. Other income Nash-Kelvinator. Corp., Det., $290,000; com¬ mon par shares), $500,000; consolidated earned surplus, $482,757; total, $1,821,390.—V, 152, p. 988. , service. $149,091; stock (100,000 no Co.—Earnings— • Oct. 27/39 Provision anteed Oil Co. -J . from fqr deprec. & interest for deprec.— - King Oil *w» ♦ to Period—< /Profit Liabilities—Accounts payable and accrued charges, $116,538; reserve taxes on profits and other taxes, $252,735; Nash-Kelvinator Corp. —current account, $30,268; liability for warranty contracts and guar¬ The ' ; Oct. 25/40 Oct. 31/41 - for Kink 154, p. A Dec. 23 paid a year-end Lawrence Leather (A. C.) cost $1,500,000 $3,619 729 in 1941 and $13,405/Federal excess profits tax.— :!/•//'." ./ '/.'. reserve 1940., ^Includes 1631, '/-//; in //:', Lexington Water Power Co.—Bonds dividend of $1.25 per share on the capital stock, no par value, to holders of record Dec. 18. With the.dividends of 25 cents per share paid on April 1, July 1 and Oct. 1, last, this makes a total of $2 per share paid during the year 1941, as compared with a total of 75 cents in 1940.—V. 150, p. 281. V v ; / v $13,138,353 $11,915,821 1 1 (31,657 shares in 1940) for depreciation of 58,491 tAfter $3,483,492 V. $1.25 Year-End Dividend— 1,892 11,076 41,743 /—_/—I--—$13,138,353 $11,916,821 cost/-. 1941 Consolidated Balance Sheet, Sept, 30, - . share_...™^___'ir.j_.——— shares of common stock of no par value. per receivable™ 816.425/ ♦Represents at - , Lane Co., Inc.—Pays 75,000 stock common on Inc,—December Sales— 154, p. 1433. The company on $120,323 profit Dividends , 45,000 Ltd., England...: against loss of Kelvinator, Provision —V. 14,596 34,028 Capital surplus il.u/.-5,364,384 Surplus 3 938,843 ♦Treasury .stock —— —Dr820,437 18,300 : , Reserves 1941—Month—1940 1941—12 Mos.—1940 —$1,769,969 $1,383,031 $17,454,277 $14,184,429 Sales *,577 221,700 4,488,149 15,745 29,269 1.894 13,477 42,327 Capital stock (par $5) —————————— $1,500,000 payable _ 971.980 Accrued expenses —■—803,988 Reserve for Federal income tax /..l.— 1563.170 End. Dec. 31— Period 1,319 020 4,165,249 ....— //. Total 236,99,9 15,600 25,000 notes and accounts " 2,235,653 Accounts $1,914,365 $2,231,554 — 1940 $3,769,666 2,043,441 — Liabilities— 101. 153, p. Lane Bryant., $658,500 other exps. for selling, service & admin, ■J Interest on deferred loan payable to Nash-Kelvinator Corp. Sundry deductions and income (net). Dominion of Canada income taxes Salaries, fees & all : V. Ltd. (& Subs.)—Earningsfor Year Ending Sept. 30, 1941 profit •; Gross * 1941 recelyable ——————w. Total 762,290 ♦Includes $3,801,544 3,000,407 1 equipment-—.:— charges Deferred of deprec'at'on After on Oct. 31 Sheet Balance ———— - 25.000 600,573 ' surtax and $218,686 in 1939, to cost of and employees— — not used for manufacturing purpose 68.655 V $51,881 depreciation of property, amounted to $274,719 in 1941, 1939, which has been charged 16,783 19,827 135,540 i_. ll$5.73 $3.66 tlncludes for to salesmen Miscellaneous 125 548 $1,014,969 in 1941 and $1,002, 057 in 1940. tTrade accounts payable, payrolls and in'scellaneous, tlncludes $540 in 1941 and $6,155 in 1940, additional assessment for prior years.— * 255,565 —$3.71 Government securities Real estate $440,333 762,290 Total • 268.343 the payment of this dividend. after tax. share pey Inventories $1,914,365 25.000 Earned surplus -Z.L 639,388 268,343 in 1940. $257,457 Notes and accounts * - $5,46 S. U. 5.230 247.986 .—— Capital surplus — §673,179 provisions Consolidated $440,338 JProvision for Federal income tax..™-.: $0.46 •.■'•/; $0.88 After depreciation, Federal income and excess profits taxes, etc. tOn combined 290,285 shares of class A stock and 257,982 shares of class B stock, fIncludes $68,468 dividends received from Canadian tEarnings per share $950,599 603,772 $6.14 tThe ' , 1 v tPlants, real estate and ^ Reserves.. , t234,303 allowances, and profits, 1941, in 365,970 $1,464,166 Investments ($1,par) tAccounts payable Co.—Earnings— /.. : :V;. Ended Nov. 30— " . 1941 ' 1940 —_-^-.-™—$250,613 ' t$481,902 378,857 , 241.509 $15). discounts 213,489 : / out- share.—. per 2,328 494,837 f $981,887 i, **563,211 $1,482,954 'AwSCtjS 288,371 :<;< $2,231,554 Common stock Kelsey-Hayes Wheel 2,130 See t 228,327 1,408 18,320 . . See 563.521- 1940 324,344 ^.478,078 ^_™_™ t See 582,157 1,968 641,324 989,050: —. $13,405 excess profits $1,163 454 220,484 ~. uv;Total§^^^^!:— 51,734 75,000 tax. inc. stock all Advances $15,482,722 3 and \ .4 & paid $255,300 1941 assets : Deferred oharges 3,146 production and $18,597 in 1941, $17,504 in 1940, and $16,516 in 1939 to selling, administration and general expenses. §$638,913 paid in cash and $34,266 paid in stock (12,778 shares of acquired capital stock at cost). HEarned on stock outstanding before stock dividend paid Oct. 28 F940. , Other 8,057,578 263,127 Earned surplus 88,068 $1,203,368 208.036 Inventories 280,000 293 4,025 plant and equipment for the year $275,783 in 1940, and $235,203 in $1 par. — 153 210 12,281 /— _ cap. ♦After $272,824 . Cash ■ ;j Accounts receivable 1,188,520 ; — / 1,262,355 53,649 $1,895,708 1,229 undistributed bu Id ngs. machinery and equip- Balance Sheet, Oct. 31 63,221 $2,544,596 taxes./— Fed. Earnings 29,000 522 account plant of outstand. ' (par 1,781 $0.68 Assets—• 67,022 $2,008,272 1,997 income Shares 62,500 176,135 ♦Property 3,835,407 140,147 $3,050,721 excise Dividends 68 merit amounted to $77,016 in 1941 and to $77,248 in 1 . 10,376,989 $1,842,059 for Net 9,889 $300,962 o 12,039,327 $2,481,375 Depreciation $337,853 75*3 / on 12,666,785 $1,941,250 val, Federal Prov. 103,000 a 17,501,736 $2,910,574 Miscellaneous 130,224 ■■ 1033 - equip, of discontinued depts. written off™. Prov. for contingencies. * " 31 1939 1940 $327,969 tax .profit r/..._s . Years Ended Oct. AceOunt, the on tires.... — paid bk. Net 1940- ; expense indirect/ and general dispos/of assets Loss on 2,351 140,487 disposal of capital assets.! direct on &c. income Interest 246,916 $436,532 , - Accrued accounts : 1,160,583 $458,193 s.—u Note-r-Prb'/'s'-ons for decree ^ Accounts payable was goods, income Other *84,561 $418,335 18,2.17 per share.. ♦On 440,338 shares of common stock, of 'j Operating profit 103.831 "1941 . profits Net 3,208,913 v'—, year approximately months $20,412,310 $14,608,035 $14,520,702 $12,219,048 expenses, ' $558,822 .'^ ♦Earnings c,:—r£_™_— .Liab litles— ,V' sold_™/.lJ,-/,-—^_ % Dividends ,33,927 : Income $188,976 2,903,280 1,855,943 1,284,931 ™"i' // Total f 3,546,918 2,365.597 1,358,050 were car passenger 1941 ■/.///////; Normal Federal income $2,390,444 3;457,510 6,211,251 of Consolidated Total Add.tional taxes for prior yean* ■ ! Fixed assets—net f Deferred , ^'Interest $732,339 29,713 /Excess ' ... and sundry assets Total'income 1941* 30, six which have been placed restrictions the sale and sales //;■// Sell.ng and adm.nistrative expenses 50,000 receivable—Trade—net.— accounts • Operating profit k'Other ancome' deposit and on hand on Investments . 10,857 $2,065,354 $1,011,829 178,273, .;. 178,278 -XJ. ■ and Notes - Sept. Sheet, Balance > ; '■) 2,223,145 1,143,632 f'Sales, less cost of products 151,000 of because manufacture Lakey Foundry & Machine Co.—Earnings— 2,628 ';vV:.: 16>°00 318,000 „ 75,000 800,000 Wis. inc. tax and surtax S; \'/■,;/-/>-/' - Ohio, Youngstown, at factory Cost $413,254 " 235,046 S' 295,794 100,543' 235,608 166,976 ; /> Net ; profits tax last business our last the products. Management is now converting some departments plant at Conshohocken to the production of military type tires and other products required in the war effort. This is physically 1938 1939 $347,127 income™. oper. from Gross —— --113,256 -2.930,000 3,940,000 Declared value excess..;//- -/.> Income Charges /Federal: Normaline.. tax/ Excess profits tax—„ In program..: tire the possible ., 1940 $386,276 255,054 railway™,... Years Ended Oct. 31-^ , Division in 1941—12 Mos.—1940 * 1941 From Jan. 1— $944,197 /:/ 20,515 in increase of our mechanical rubber goods operations at the Republic Rubber defense $941,569 b,250 $1,351,672 3,436 from Net 1,200 $4,845,666 $12,801,356 income Gross x1 153. p. Superior & Ishpeming RR,—Earnings— Net 277,126 188,582 credits-*//*/ income Other s;v 154, 1941—Month—1940 November— Gross 304,867 356,252 1,851 . Profit from operations defense the to ♦Net $12,780,841 Frov. for doubtful accts. , 6,359,477 19,389,721 /;<' 755,479 ., 524,375 .— exps. of the percentage large due - 154, —V. . soid goods Of .Sell.ng expenses *Adm. and general • ———^ $17,376,051 $15,732,229 $101,389,664 $88,299,960 p. 1493. \ • Sales $4,257,425 2,969,795 197,274 ,147,586 $6,474,030 4,655,448 above.—V. Co, Period Ended Dec. 31— • com- etc.—i—. $33,450,374 $11,867,915 nnss.ous, : Sept. 30/41 Sept. 30/40 : Gross 1265.*. p. " Calendar Years— 1939 : 1938 Year Ended 9 Mos. Ended 154, 1940.—V. in (S. Il.)r Kress & Co.—December Sales— Lake -'i Trailer SeeFruehauf Kearney & Trecker Corp.—Earnings— \ 1941 in Koppers Co.—Sale of Fort Wayne Plants— to 3V2& A bad debts, returns, allowances and cash 70% discounts 23/4%»- in the interest rate on $300,195 of unsecured notes of the company due serially Jan. 20, 1942-Juiy 20, 1945, owing to the Continental Illinois National Bank & Trust Co. of Chicago and the City National Bank & Trust Co. of Chicago, said reduction in interest rate having been agreed to by the banks in consideration of the payment by the company of $77,608 principal amount of unsecured notes.<maturing Jan. 20, 1946, and July 20, 1943, which maturities were paid by, the company on or about Oct. 9, 1941.—V. 154, p. 1493. from reserve dor and $53,170 deducting $61,172 Reduced— Kansas Power Co.—Int. on Notes ; 191 CHRONICLE THE COMMERCIAL & FINANCIAL 155- Number 4032 -Volume C ! t f . j. - i> "i t f * .1 * t J £. f / • ' $5.65 $5.48 i , 1 ' THE COMMERCIAL & FINANCIAL CHRONICLE 192 Condensed Consolidated Balance Sheet, the 31 Aug. 1941 $ Assets the buildings, the The > government Accounts and Inventories Net of last 1,182,103 14,188,210 315,906 2,482,586 etc. Advances ; Deferred charges —--j-. ; — — Liabilities— :'Y> ir' ' the The action charges that restrictive contracts by NBC with broad¬ casting stations deny Mutual an equal opportunity in obtaining busi¬ result in the company through at $30,883,591, which and of the income its Inc., three subsidiaries was sales year's Lukenweld, sales income of the and company fiscal previous of $18,751,175. about about 36% companies and for about 28% Wolcott of $10 over the of the total said. value common stock outstanding and compares with net $709,488 in the previous fiscal year, or $2.23 per share. reduced its mortgage indebtedness by $1,024,700 in the year and no bank loans are now outstanding. " " ■ 43,833,211 12,920,229 27,598,748 "This 1,282,500 4,559,759 t$6.50 cumulative debt Funded — * — _ ... - Subsidiary stock outstanding < 3,917,629 corporations__..v-——Y-r'--"^Y;' 27,635 SSinklng fund, etc....2,572,055 refused "It 2,238,753 .—i J'-," 920,934 surplus ————.—59,017,813 963,898 56,715,617 164,153,032 161,086,870 credits Earned contracts •After in 1941 tRepresented by 1,665,713 no par shares. ^Represented by 136,022 (136,722 in 1940) gSinking fund and instalment payments within $25,431,321 depreciation of of one included debt countries all subject in some degree to export re¬ To the extent of such cash balances United States up countries is plate armor rolling now produced, ever ;v ; v\ • Pritchard M. has Government/practically1 >. 's the widest, Mr. heaviest Wolcott said.-r-V, ,Y;;V elected President to succeed the A. $18,910,633 is of which net current (with assets v & Arkansas Louisiana Colonel of Chairman heretofore has been Magee has been Vice-President a member a of the and Net from Net ry. 308,874 321,689 Jan. 189,115 Gross from Net from Net ry, —v. railway.™ railway 9,598,137 . 3,937,437 . income. oper. 154, p. 1379. 2,218,681 Total 153, Jan. 6,995,804 To Pay — 560,504 1,430 Other 2,057,494 debt debt of discount and Amort, 224,900 1940 under 23,484 accrual of $154,000 for profits excess Securities Gas September, and tions Louisville announced Jan. Transmission 1,276,187 1,257,404 Transmission that Corp. (Ky.), while the remaining corporation's use directors. the to proceeds Louisville (par $10). purchase Transmission Transmission used a to loan proceeds finance of Corp. authorized consisting Corp. 1,000 to RFC loan the Sault 1, 1942, / the on set record a and compared with increase of 77,907 an the is transmission lines Transmission to Corp. and a be of its be will a to first the by loan lines funds, together to with Transmission - mortgage on the new 4% notes. Louisville follows: as (1) & Electric Co. will guarantee the payments to the RFC. loan proposed to be made by Louisville Transmission Corp (Ky.) to Louisville Transmission Corp. (Ind.) will be secured by a first mortgage on the transmission line to be constructed by the latter company and will be evidenced by notes similar to the notes given the RFC. The notes will be pledged with the RFC. hearing the the declaration on Commission's Lukens CorD. Washington Steel Co. annual report or of (& the application will be held offices.—V. 155, p. on Jan 22 of Subs.)—Earnings company and and subsidiaries (Bv-Products fiscal year ended Oct 11 Lukenweld, Inc.) for the made public Jan. 8 by Robert W. Wolcott, President, shows that the past year was one of the most successful,in the 131-year history of be two first heard earlier of these New in York, NBC established was 15 years the the In ago since ever it carries undertaken on have research no sought to substantial no reap :Y development or risks financial despite all the so-called restrictions in the field its from which in revenue command our hi 1941 the Mutual 1940 over claims to com¬ it suffer, by 53%. in the vital war effort of the Nation. This and the unjustified demand for the absurd sum with the motive of eliminating the Blue Network, which decrease vital our communication effort."—V. war sales of Divs. goods 154, p. facilities are in not key with 1632. sold expenses (& Subs.)—Earnings— 1941 1940 1939 1939 ^_.$122,045,258 $73,489,575 $72,534,809 $54,113,209 98,934,725 59,331,236 62,864,344 50,883,626 and 14,073,843 12,099,325 11,136,604 10,964,205 advertising «___ of $464,000 1, Profit Gov. first and Sundry 140 Broadway, N. Y. City.—V. Co., trustee, Apartments, Ltd. bonds, 4% to fund sinking for $35,000 after which will it V >••. at an adjustments, 1941, be stepped 155, p. 158. r ^v,; to 26,981 15,187 36,396 71,422 227,786 255,238 301,980 207,468 *$6,878,055 436,918 - 140,759 " income.. Loss $10,079,663 5-year *$654,433 676,774 444,334 324,558, 438,951 435,974 474,757 459,259 370,000 war- refrigerators on disposal of on $2,987,900 1,305,831 2,100,000 for ranty cap. 117,828 Sundry Fed. income and Excess adjourned meeting unani¬ calling for reduction in in each of the next up 102,702 25,546 Gov- profit. Provis. ' ; deducts. State $100,000 profits Portion of sub. $60,000 and 26,250 86,363 S. income taxes first mortgage bondholders 420,098 35,000 securities... other Total 3%% Sinking Fund Adjust¬ — 520,759 S. U. j mortgage refunding 610,800 92,478 of U. on $2,059,014 *$1,466,139 *$7,734,622 con- securities ernment have been called for redemption as of Feb. Payment will be made at the Guaranty 1966, sale on Interest interest. and $9,036,690 fr. companies I Other dividends V" - profit received trolled . during had 494,204 phones in service at the start 5,717 during December and up 62,892 du'ring 1941.— .'"v Dec. 102% (since 1,500,000 taxes loss net applic. int. annually to to of VY\ min. Y"'v;-'' . -V • acquired) 6,723 . Light Heat & Power Consolidated — Net —I... profit Dividends has $1,505,151 *$1,573,524 *$7,655,139 1,072,906 1,601,985 Y;"v Note—Provision New $4,617,053 paid ♦Loss. $1,251,361 been The ■->. O'Sullivan, C. E., has been appointed to fill the |newly of General Executive Assistant.—V. 155, p. 54. Y: year created Y Y- for in deducted depreciation 1940; in the in $1,334,379 above the amount of $1,288,418 in 1939 and $1,392,018 in 1933 lil statement. corporation's (in proportion of the aggregate net profits dividends received) amounted to $145,159 of excess consolidated , Period Ended Dec. 31— Sales domestic subsidiaries and to for the for un¬ approximately $34,009 Canadian subsidiary in¬ (Canadian dollars) for its unconsolidated cluding its English subsidiary, which amounts have herein.* not been included a year Consolidated 31, 1941, was 207, as against previous.—V. 155, p. 54. YJCash / Sales— amounted 1941, figure of $948,498 is the highest ever reached in any December since the net¬ work was organized in 1934, it was stated. Ballings last month repre¬ sented an increase of 64.4% over December, 1940, time sales of $576,983. —V. 152, p. 2402. • to $4,767,054. Treasury S. Government drafts acceptances, & Nashawena Mills, New Bedford, death W. who of accounts William B. Gardner. Agent director the V. 154, to p. fill of the vacancy Mr. 5,212,243 2,589,651 12,800,035 12,323,795 subs...... 5,489,392 4,168,724 209,160 189,729 Land, contr., mtge. and real estate held for sale 276,662 196,982 v in § Balance Value — and in of advances to closed banks life advs. Traveling unconsol. 1 ; insurance..... and accounts investments, plant, etc tNot used in operation.. Mass.—New Treas.— by Total 39,361 etc Broadcasting System and six of its affiliated broad¬ District Court at Chicago for $10;275,000 in damages against Radio Corp. of America and its subsidiary, the National Broadcasting Co. The suit charges RCA-NBC, its officers and agents with engaging in "unlawful combination and conspiracy among themselves and with third persons to injure plaintiffs by hindering and restricting Mutual to freely and fairly compete in the transmission in interstate commerce of nationwide network programs." on Jan. 10 filed 404,789 18,655,880 576,014 849,911 2 2 478,535 ... — suit in the U. S. —J — Accounts - Broadcasting Sys¬ tem Sues RCA-NBC For $10,275,000 Damages—Charges Unlawful Combination and Conspiracy to Restrict Free And Fair Competition in Radio Field— stations 40,259 362,966 15,901,305 - goodwill charges 1 562,749 $61,503,096 $51,390,949 Liabilities- 867. Mutual and Patents Deferred is now both Treasurer and He was also appointed a the heath of Mr. Gardner.— National Broadcasting Co.—Mutual The — 8,901,036 Macy company. caused ^Y receiv- able, trade Invests, ■ Macy has been elected Treasurer, succeeding J. Earle had been serving temporarily as Treasurer since the Manufacturing 1940 $2,507,458 10,117,700 tProperty, Andrew - 1941 1,509,000 securities........ Miscellaneous Parker, •'•••" 30 964,179 (iotes, tax series B Inventories December, The ■ deposit in special account on S. ♦Notes, Billings of the Mutual Broadcasting System set an all-time peak in totaling $7,300,955, an increase of 53.2% over a year ago when sales Sept. $7,575,542 . U. 1941, time Sheet, Cash—. U. Mutual Broadcasting Co.—Record Time Balance Assets— $9,041,996 $63,514,748 $53,365,581 The number of stores in operation Dec. 204 ■ . 1941—12 Mos.—1940 1941—Month—1940 $10,898,006 casting 90. will the litigation Operating (G. C.) Murphy Co.—December Sales— payments beginning one year after the date of execution of the notes in an amount equal to 5Va% of the unpaid balance at the time of payment, the payment to be applied first to the interest and the balance on principal; (2) additional annual payments on principal in an amount equal to the balance of the company's net earnings after deducting the 5V2% annual payments; (3) such additional pay¬ ments on principal as the company may choose to make; (4) the unpaid amount of the principal at the end of 20 years. Louisville . in The ' annual each The at Selling, company 1530. years, post stock and that Years Ended Sept. 30— Cost shares Transmission Louisville line. evidenced repay Louisville the use stock by transmission to transmission secured will (Ky.) will company sale construct of $400,000 the has that are American Net '■■■ .v. the Louis ' construction real Ste. Marie Ry. Co.— reports 92,291 Officer— (Ky.) than family, the represented ■ (Ky.) capital of those as sown. It network resource telephones in operation, as of Jan. 1, a during December and of 110,223 for 1941. The year's Montreal sold proposes to borrow approxi¬ Reconstruction Finance Corporation which more latter from (Ky.i, The not The Corp.-(Ind.).. Corp. shares will be Transmission the of (Ind.), 15 of admitted art. facts harassing ;*• An arrangement approved by bondholders in 1939 called for the payment of a sinking fund of $75,000 in each of the years 1939, 1940 and 1941, and $100,000 in each of the following years to the maturity of the bonds.—V. 126, p. 3608. ■ •' mately $3,850,000 from the be all Corp. : Louisville make Louisville same Government. participant, a Nash-Kelvinator Corp. Jan. maturity. Electric Co. proposes to acquire, at par, 985 shares authorized shares of capital stock ($10 par) of Louisville 1,000 have increased would due fund (Ky.) • the Broadcasting System, and has of $10,000,000 1266. p. approved five that 9 to power operations and public service rendered by the National Broad¬ casting Co. are a matter of public record. We are utilizing every 348,358 due The taxes Corp. is Network radio 1941; Commission Co., network attention and "The 550.244 364,200 sinking Transmission Corp. (Ind.i filed an application (File under the Holding Company Act covering a series of transac¬ provide funds for the construction of transmission lines. to the 1941, 581,181 309,062 mously Louisville Gas & fiteel 532,192 Montreal Louisville 70-477) The ' 1941. Exchange Electric of the call wealth field "The ments— Transmission Lines Proposed Transactions & fellow' not of the are with assets Revenue in 'Little it does by Mutual provides an opportunity to expose the campaign to break down the networks of Broadcasting Company. petitive ' year on con¬ suit others the has 39,734 27,582 1,229,108 p. at Trust made for Federal income taxes for the calendar an Second the enacted as The at 42,071 r 413,541 total A $2,867,352 included the for Louisville A 40,072 8,447 154, 10 21,981 ——__—2..'.™—$2,829,443 Hearings Gas 58,033 ;v,\ series Act of 1940. In the returns, as finally 1940, the companies reported no income subject to excess profits taxes. Provision is being made for Federal income taxes (including a provision for an estimated excess profits tax of $931,000) for the year 1941 in accordance with the Revenue Act of the 1938 $119,220 49,597 Montana Power Co.—Bonds Called— 20,986 ___.™.™_™_____.X——„—r'y income filed will 1939 $116,211 60,767 648,092 of the new year, up 37,000 93,912 exp. of fact which a the development of nation-wide broadcasting. It entered only after others risked their capital and demonstrated that broadcasting could be conducted as a sound business enterprise. 250,000 37,000 Note—The provision will 1940 $120,010 66,610 1,348,166 Detroit In 7,704 rehabilitation and breaches stations, behind "Mutual the income.— company 1940. 160,227 30,059 contractural capital expenditures,. charged to construction—Cr.———... Miscellaneous Net flood of Interest year 160,227 —„— of Mutual Mutual where . in railwayrailway interest of gain 1,030,450 expense—— interest also induced affiliated the first nation-wide program ever provided, station WOR by Macy and WGN owned by the Chicago Tribune, organized owned the 1— oper. increase $4,353,728 1,030,450 suit litigation Blue public 17V2 cents 1941 income™ Jan. 154, The 1,048,488 _• . / Michigan Bell Telephone Co.—Gain in Phones— 1,110,288 $4,241,651 funded on Amortization of 15, guaranteed first refunding mortgage 5V2% series B bonds, due 1978, is being-paid by the Canadian Pacific Ry. pursuant to its guarantee. Interest is payable at office of Bank of Montreal, New York.—V. 155, p. 54. Y/YyY ■■ 1,428 1,165,755 , income Gross Amortization to on follows: as operating Interest of share per record Dec. 20. were $130,868 railway from The V. and cents 1941 Interest— income— —$4,020,994* $4,124,763 Total other income— —I—— 220,658 228,965 1941 20 holders of three response to a public demand when only one other network—the Red—existed, and when no competition in nation-wicje programs was available. Eight years after the NBC was created to give the American per . Minneapolis, St. Paul & 1,341,000 Y Provision for Federal and State income taxes— Net 1 11 railway..—u from —V. 594,842 1,461,500 investments of to during cents Valley ER.—Earnings— oper. ry, 3,755,249 reserve. limited-term of ry. Net $11,976,057 __ (other than income taxes) 15 2Va this in new admin, 4,132,793 Amortization dividend stock of rather been 12. "The 1940 \ $13,400,470 Operation Taxes from from Net (& Subs.)—Earns Operating revenues __ common November— Gross Net 1,204,509 (Ky.) present. such By diminish have pioneering 2,148,879 1941 Appropriation for retirement the on 1 Midland 6,688,332 2,515,824 and accumulation which National 15 and Oct. 15, quarterly dividends of 20 cents each. 1941 was 85 cents as against 80 cents in 1940.-—V. 153, paid in Net .1,458,630 at to would proceedings.' others, at vast in in the . Years Ended Nov. 30— Maintenance quarterly regular dividend extra an cents quarterly and 10 cents extra; April 103. p. 5 Louisville Gas & Electric Co. declared have stock, both payable Jan. 17V2 15, 134,048 \ 7,566,675 2,723,233 1,557,166 network. coast sought as ' RCA. issues now suits, . quarterly; July • 223,536 208,066 >''■ '■ income oper. the and common Distributions 1938 From Jan. 1— directors share the $645,609 '255,094 railway 1939 $754,727 Network these court the and NBC suits "This The Gross 1940 $749,504 : the dominant Chicago Tribune from us, w.iich would small "The r., Director, directorate.—V. Telegraph & Telephone Co., Ltd. Extra Dividend of -Cents— Ry.—Earnings— 1941 four Meanwhile/ Mutual Blue our in ,'bigness' and motives From $915,531 384,925 railway— from sought. shouts the of office of new Maritime foreign November— Gross to -There ago the Network coast, been NBC -beyond broadcasting to the department store and publishing businesses. "These powerful and wealthy stockholders of Mutual represent an aggregation of assets, business and profits greatly exceeding those late - exclu¬ same of years and interests competition. instead have Mutual clique of seven Mutual stockholders headed by Chicago Tribune and R. H. Macy & Co., whose influence and domination extend by 245. p. productions) amounts to $6,731,038. The $919,760 banks by foreign subsidiaries, payable in foreign cur¬ rencies is guaranteed by Loew's, Inc.—V, 155, p. 158. ■:y.rYYk;'Y to these network by since that attacks two Co. & Blue "While Mutual claims to be the and ' Magee has been elected to the Pritchard while for cost of film due it prove control , sion Blue about Macy parts Of the Blue as a the of Network parts of the Blue Network. that H. series a Blue _ of film States) the R. of the revealed networks between will we / 2;2.Y.y Y ? ' vY;. end tract and 155, stations. radio "We refused to dismember the Blue Network. Mutual began cam¬ paigns-in Washington and elsewhere, urging the adoption by the FCC of new network regulations which would enable Mutual to achieve the ■ as Co., Ltd.—New President— been Wales. A. A. Mr. (not productions) amounted to $3,223,946. Of the current liabilities due to foreign banks by foreign subsidiaries, Loew's, Inc., has guar¬ anteed $1,855,753. ;■> v'YY'Ya,Y **Of the cash shown in the balance sheet, $8,233,603 was in foreign countries (other than Continental Europe and The Far East), principally England, all subject in some degree to export restrictions. To the extent so included for respective countries $2,440,000 has been received in the United States up to Dec. 26, 1941, and within four months thereafter under arrangement with the British Government an additional $2,336,000 is expected to be received from England. The amount of net assets in all foreign countries, other than Continental Europe and The Far East (and not including portion of cost of film productions allocated to foreign but retained on books in the United the the Board. including portion of cost of film productions allocated to foreign but retained on books in the United States) was $14,456,999, of which net current assets (with same exclusion for cost foreign mills Oil Col. $1,278,983 has been received in the The net amount of all assets in all countries, to Jan. 2, 1941. ? ■ James $4,446,848. respective Lukens Y J. totaled for of be purchase of and it important to now increase to NBC Mutual, Y nation-wide year, branches McColl-Frontenac due year. tlCash in foreign strictions 158. p. :y?; : shares. long-term on various than - par no the rolled thickest $27,718,149 in 1940. and with sell in elimination for sufficient pointed out, are regular customers of the company in normal times, are certain department's of the Government. One Total orders full-time four Mutual Suit— on culmination the have -destroyed ment , Deferred over a of to should sought to ; the: balance of the company's production is for concerns who using the company's products directly or indirectly to fill Governorders. However, the majority of such concerns, Mr. Wolcott are 123,462 well backlog a v is against interests of all 2,000,000 interest Accrued have " While a portion of the company's production is manufactured under v direct contingencies.--—'V 3,000,000 —__Y.u—. 96,629 Reserve for subsidiaries its continuous operation for til,938,123 to affiliated Due and company suit instigated At the close of the 1941 fiscal year, Mr. Wolcott said, as at the present time, all plants of the company and subsidiaries were oper¬ ating substantially at full capacity. In the first period of the 1942 fiscal year a further new production record was set, surpassed by another new, all-time high in the second period of 1942, he said. The 30,593,690 —.I.—..— / 1,246,600 Accounts payable and accruals—6,034,437 Domestic and foreign taxes 6,031,131 Due to foreign banks —Y **919,760 —■*. than , - company , 43,833,211 preferred stock—12,854,079 stock tCommon less are Trammell Statement par The there a Commenting on the suit filed in Chicago, Jan. 10, by the Mutual Broadcasting System against the National Broadcasting Co., Niles Trammell, President of the NBC made the following statement: * of income where station is permitted under its license to operate 24 day.) Damages of $3,425,000 under this restricted competition in network broadcasting are claimed by the plaintiffs. Under provisions of the Sherman Anti-Trust Act a judgment for three times this amount, -together with attorney's fees, costs and injunctive relief against con¬ tinuation of these alleged restraints, is sought. Steel of cities full-time (A all- an 65% By-Products for responsible were established increase an of company and subsidiaries, Mr. the company and subsidiaries of in ness com¬ hours the Net i- stock¬ the as was $2,195,604, after payment of or provision for all expenses, taxes, depreciation and other charges. This was equivalent to $6.90 per share on the 317,976 shares ------ 164,153,032 161,086,870 —. ownership to fold many holdings totaling 147,597 shares of of combined i Total individual sales Corp. 14,486,807 421,443 2,807,207 Europe and Far East Continental Investments, addressed was increased to record the net results has public Fall. time ------ of which the sale Net 2,805,209 37,607,527 .—►___—.— — in assets 400,461 3,002,192 .—!34,900,188 securities receivable notes _ of of stock - Foreign statement number admission public mon machinery, etc.———68,736,287 71,137,352 Due from affiliated companies 47,508 53,151 Cash —: —»♦ 18,387,972 1113,586,366 U. S. Government securities „—20,509,620 18,181,807 •Land, the of 1940 $ . company. holders, (Including Wholly-Owned Subsidiaries) Tuesday, January 13,1942 • Accrued payable, etc.... $7,786,827 from U. S.'Government Federal and State taxes Reserves on income, estimated— ($5 par) reserve tAfter 1940. SFor 3,868,931 21,878,000 15,655,177 Total — reserve 370,000 4,987,917 6,438,912 * surplus ♦After of $199,734 ... 3,600,000 21,878,000 Dr421,823 ... Treasury stock Capital surplus Earned 273,337 1,000,000 .... Capital stock $6,872,149 578,087 expenses Advances in 1941 and Dr421,587 6,439,089 12,111,030 $61,503,096 $51,390,949 $174,330 in 1940. tAfter for depreciation of $9,732,752 in 1941 and $9,121,479 in 1940. reserve for depreciation of $466,746 in 1941 and $670,172 in §Less reserve of $111,769 in 1941 use and $203,837 in 1940. exclusively on U. S. Government contract.—V.Y154, p. 1632. stock Sales 1941—Month—-1940 1941—12 Mos.—1940 $11,595,806 $9,961,723 $64,201,624 $55,878,977 Dec. 31— to acquire.—V. — —V. 1941 November— Co.—50-Cent Dividend— declared a dividend of 50 cents per share stock, payable Feb. 2 to holders of record Jan. 20. A similar distribution was made on Feb. 1, Nfay 1, Aug. 1 and Nov. 1, 1941, and on Dec. 15, a year-end dividend 6f $1 was paid on the common stock, making a total distributed in 1941- of $3 per share, the same rate as in 1940.—V. 154, p. 1192. ,* ; directors The i Jan. on Net ry, "759 15,820 "625 "10,799 2,765 ," 9,568 "8,359 295,224 273,246 370,485 407,352 91,141 57,456 129,230 117,827 15,579 "14,850 56,937 23,487 Net ry. income oper. 1941—3 Mos.—1940 'v 1941—12 Mos.—1940 .$103,487, , $134,358 V $488,097 $608,574 186,817 188,367 186,817 188,367 Earnings per share. $0.56 $0.71 $2.61 $3.23 * After all charges and Federal taxes.—V. 154, p. 1495. I Pacific Coyle Navigation Co., Ltd.—Earnings— Period End. Dec. 31-^ "Net profit of capital - Earnings for Year Ended June • Gross profit office Directors' . and fees salaries the purchase by Walter Kidde, and expenses.:..— '■ ' Miscellaneous ,90. .' and'taxes — Net 18,440,438 209,763,611 200,394,862 18.999,935 45,309 70,039 682,410 803,830 Operating revenues— Operating expenses— 18,9.54,626 ' 18,370,399 209,081,201 12,652,284 133,092,288 199,591,032 129,576,047 depreciation—_ after profit ■ Assets—Cash—balances Operating Net Net 6,539,386 5,718,115 75,988,913 70,014,985 ——4,250,998 3,161,849 47,006,972 36,522,267 2,288,388 2,556,266 28,981,941 33,492,718 1,905,694 2,235,730 26,128,616 31,073,943 operating revs.-.- taxes operating income, income —V. Norfolk Received '.»■=.v Year to— Jan. 3,'42 J 8,649 11,699 3,050 2,394 3,293 899 11,043 14,992 3,949- 26.34% — 155, p. (Del.) Jan. Maintenance taxes ■ 5,187,326 4,866,606 *3,001,053 profits taxes— State income 1,561,445 5,114,520 Federal income and excess for and operating income — Total other income—————— Gross on on bank 3,487,450 80,300 591,371 loans of debt discount and expense—— of Amortization on expenses sales of 36,125 41,843 30,000 — 25,000 106,323 $7,626,456 ——— ...:»Balance of subsid. companies: stock, $5 series, of Northern States Power Co. (Minnesota) . Pan Oil ;, v States Common * Pantepec Oil Co. of 1,375,000 1,375,000 preferred stock, 5%, ; of Northern Power Co. 4Wisconsin)iii.i£— stock of Chippewa- & Flambeau 27,135 27,135 J-V—------— 29,070 Improvement Co. The It , ' 29,070 .3941 Federal for income February, 1941. The initial well taxes Act.-Mf,. 155* p., 159.;-:. Revenue ^ Northwest Airlines, Inc.—New • Croil Hunter, Parker of the C., as Director— 154, p. 1382. directors.—V. < the election of John E. Parker & Redpath of member of the Northwest Airlines board of a • Northwestern Bell Telephone Period End. Nov. 30— ' revenues — Uncollectible oper. rev._ Dis¬ , 154, p. 1383. the and Net —v. 1941—Month—1940 1941—11 Mos.—1940 $3,149,410 7 $3,127,147 $34,845,318 $33,234,663 ,* 7,687 11,199 93,169 88,951 Operating expenses- $3,115,948 $34,752,149 $33,145,712 $868,918 $950,713 $11,267,374 $10,889,379 23,484,775 - • Net Net V revenues- 503,614 income—: oper. 426,612 5,845,497 $524,101 $5,421,877 480,291 4,830,286 $6,056,918 5,524,949 income —V. 154, will remain C. R. P. v'; " NY PA NJ The SEC on applications vania NY Power PA laration, NJ Utilities Co.—Applications Granted— Dec. 31 by filed Co. has Staten pursuant to -Company Act of 1935, NY PA NJ proposes to ^ issued an order permitting to become effective Island Edison Corp., Northern Pennsyl¬ and NY PA NJ Utilities Co. filed with the Commission an application and dec¬ due 1981. •" $53,300 Mohawk Valley Co. 6% gold among the transactions which are due 1956. companion declarations, State of the Associated Electric Co. series, In 000 $490,946 $225,192 $2,833,971 $2,684,231 154, p. 1496. Island proposes to sell the $3,015,bonds to NY PA NJ and Northern ;;: ( New York—To Pay On of Society Loan : '■ "certificates Inc.—To Acquire Trac¬ Public Service Co. of Indiana, Commission announced Dec. 31 that filed a declH'ration or application (File No. 70-473) Company Act regarding the proposed acquisition company the Exchange and Securities The the Holding under from ^Indianapolis, Columbus and Southern Traction Co. of an electric interurban railway line between Indianapolis and Seymour, Ind. The company will issue $1,520,000 of 4% serial promissory notes to Indianapolis, Columbus and Southern Traction Co. for the proper¬ ties and in settlement of the rights and obligations of the two com¬ the properties—V. 155, p. 91. under a 999-year lease covering panies The Oklahoma—Acquisition, Etc.— Service Co. of Public SEC 27 issued Dec. on an order permitting to become effective regarding the following: (a) The issue and sale by Peoples Ice Co. to Public Service Co. of Oklahoma and Southwestern Light & Power Co. of promissory notes in the amounts of $1,462,500 and $625,500, respectively, bearing no interest, to be dated Dec. 15, 1941, and maturing Feb. 15, 1942, such notes to be issued in exchange for notes of Peoples held by Oklahoma and Southwestern which matured on Sept. 5, 1941, bearing interest at the rates of 8% and 6% per annum, respectively. (b) Oklahoma and Southwestern will acquire all of the issued and declarations $25) which applications filed and consisting of 4,000 shares of Peoples, capital stock (par from Central and South West Utilities Co. in the proportion their interest bears to the note indebtedness of Peoples, i. e., to acquire 2,800 of said shares at an aggregate price of Southwestern to acquire the remaining 1,200 shares at an Oklahoma and $36 $16. aggregate price of \ (,c) Failing payment of the such notes will be surrendered 154, western.—V. 1058. p. notes at maturity on Feb. 15, 1942, and canceled by Oklahoma and South¬ 7v J Public Service Coordinated the with Quissett Mill, New Bedford, Mass.—Not to Liquidate— vote, 9,842 shares in favor of the present management of the corporation to 2,118 shares opposed, on four proposi¬ tions presented, the stockholders voted against liquidation. The movement looking toward liquidation of the corporation was instituted by Lowell Maybury and Frederick Adams of Boston, minority stockholders. (Boston "News Bureau.")—V. 154, p. 1496. By more ■i for December Up 30.17%— 1941—Month—1940 1941—12 Mos.—1940 ' $59,513,047 $45,718,291 $377,564,651 $304,539,326 Transport—Orders Buses buses, including 181 equipped with oil hydraulic remainder consisting of oil mechanicals, has been placed by Public Service Coordinated Transport and Public Service Interstate Transportation Co. with General Motors Truck and Coach (a division of Yellow Truck & Coach Manufacturing Co.), it was announced on Jan. 8.—V. 153, p. 562. 210 for order An drive, Inc.—Acquisition— (J. C.) Penney Co.-^-Sales —v. — ; 1495. 154, p. than 80% Pennsylvania-Central Airlines Corp.—Record Traffic passenger traffic in the year 1941 set a new record, it was Bedell Monro, President. Last year 342,948 revenue PCA planes as compared to the 210,433 revenue passengers in 1940, an increase of 62.97%. The 1941 traffic total was 180.41% over the 122,303 revenue passengers carried in 1939. ' In the year 1941, the corporation operated 65,592,867 revenue pas¬ senger miles, a gain of 74.54% over the 37,578,753 revenue passenger miles flown in 1940, and 209.56% over the 21,192,745 revenue pas¬ C. announced by flew on miles operated in senger Perron Gold 1939.—V. 155, p. 55. Mines, ' at Production Perron "V Delaware. Pittsburgh Shawmut & from Net from Net- ry. railway oper. from Net from Net rv. —V. income— railway railway oper. 154, p. 1939 1938 1940 $115,173 $97,365 $91,899 32.074 46,219 29,570 31,026 17,939 33,776 13,303 17,424 1,409,439 1,119,593 899,291 454,493 353,341 244,583 796,950 162,071 271,792 207,784 92,949 22,785 1— From Jan. Gross Northern RR.—Earnings— $123,391 income— 1304. filed on Jan. 9 at Dover, '''■v-' •1 * - *, stated, and KGO in San Francisco. It will continue to furnish pro-, service to more than 100 independently owned, affiliated radio throughout the country. Blue Network Co., Inc., will (Continue with out interruption the Chicago stations and business Jan. to heretofore carried by the Blue Network division Sarnoff said. the Blue Network on for the transfer of licenses National Broadcasting Co., Mr. the first its As 9 in step operation, independent applied for the consent of the FCC operate Stations President of The heretofore WJZ, WENR and KGO. the Blue Network Co., Inc., will be Mark Woods, Vice-President and Treasurer of NBC. The Executive Vicewill be Edgar Kobak, previously NBC Vice-President in charge of sales Niles 1941 railway-,— announced the formation of Blue Net¬ wholly-owned subsidiary of RCA. Incor¬ gram of with Pan Oil Co.— separate, a that, with the permission of the Federal Com¬ munications Commission, the new company will operate the Blue Net¬ work and will own and manage stations WJZ in New York, WENR in will November * Sarnoff Mr. President Phillips Petroleum Co.—Contract See King Oil Co. above.—V. 154, p. 869. Inc., Co., poration papers the new new company were the final quarter of 1941— and December—amounted to $468,195.90 from 39.328 the preceding quarter production was $489,177.47 from 37,093 tons, while production for the final quarter of 1940 was $512,096.93 from 36,996 tons.—V. 154, p. 755. \\ America—Announce Incorporation of Company, Inc.— Sarnoff, President, has David work programs Ltd.—Production— Gold Mines for October, November tons milled. For Gross Corp. of Radio Blue Network Revenue of the Public Utility. Holding concerning proposed- transactions under which debentures, due Oct. 1, 2031. the subject of the filing is one by'which NY PA NJ proposes to acquire from Staten Island $3,015,000 of Associated Electric Co. 4y2% gold bonds, refunding (b) Also 52,134 1— — tion Properties— unchanged. various sections acquire a large amount of its own outstanding bonds and debentures and certain, securities of some of its subsidi¬ aries, as part of a plan to facilitate such further steps as may be necessary for it to take»in order to simplify. its sub-holding com¬ pany system, to provide for its funded and other indebtedness and to reduce the number and amount of cross-holdings of securities among companies in both the NY PA NJ system and that of Agecorp. Among such transactions contemplated is the. acquisition by NY PA NJ from Northern Penn of the following securities by way of a divi¬ dend in kind to be paid by the latter company and to be charged by it to its earned surplus, namely: (a) $406,100 of Mohawk Valley Co. 6% consolidated refunding gold bonds, 2,152,589 149,068 Period End. Dec. 31— passengers 1530. p. loss its purchased the controlling interest in the Pro- 4,832,461 $365,304 — $479,508 2,207,663 8,678 announced that it will repay on Jan. 31 to holders of contribution" 30% of the indebtedness repre-, certificates the aggregate amount of which is $18,963,500, The 30% of principal will be returned on that date, together with interest at 6%. A '-vf.'; - ' ..vi", v V;:/-'The society explains that as a result of the decreasing demand upon the society for loans, notwithstanding the reduced interest rate charged, together with the accelerating repayment of outstanding loans, it now has approximately $6,000,000 of loanable funds in excess of present and estimated future demands. The trustees have decided to return this approximate sum to the certificate holders.—V. 149, p. 2378. 30.—V. 152, p. 3823. of America, it "was announced on Jan. 8. Ter¬ franchises held and operated by the 28 distributing exchanges ritorial of 22,256,333 320,482 taxes Operating $477,240 199,273 sented by these ■'7';.. "7 :'7 \ - ducers Releasing Corp. Sales Net oper. $17,242 16,411 The company has of . ,2,165,235 charges drilled on the concession corporation has The $3,141,723 2,272,805 Operating revenues. $273,838 200,697 ,——_ charges int. depreciation. Provident 7 : and for Interest was gas Pathe Laboratories, Co.—Earnings— made solely for the holders of annuity rights of stockholders," deprecia¬ bpfore tion outstanding Venezuela, C. A.—New Field— . drilling was started Dec. •/ \ ■* Operating Loss (Mulata No. 1) was a gas used as fuel for drilling Mulata No. 3 well and will be used as fuel for drilling other wells in the Mulata field. The first oil well was Mulata No. 2 which produced 420 barrels of 24.7 gravity oil through a ft-inch choke from the lower two intervals and is capable of producing from the upper zone 327 barrels of 28.51 gravity oil through a 5/16-inch choke. A location for the third well (Mulata N. 3) has been made and well > President, on Jan. 9 announced investment firm of Auchincloss, D. Washington. is the 1941—Month—1940 1941—11 Mos.—1940 $1,655,137 $1,796,603 $20,694,357 $19,305,464 Period End. Nov. 30— Total revenues dividend of $1.50 to Pantepec-Standard. "" an extension of the Santa Barbara field discovered byy Vene¬ Petroleum Co., a subsidiary of Consolidated Oil Corp., in zuelan and (& Subs.)—EarningSf— Postal Telegraph, Inc. oil field in Venezuela, to —; -u—..- Note—Provision , annuity contracts but comes before the has just tested and completed the first well of a new be known as the Mulata field, in the State of company This is $1,500,000. policyholders present and future. The amount of the guaranty may be reduced from time to time with the approval of the Superin¬ tendent of Insurance. The right of the Guaranty corporation to be reimbursed is subordinate to the rights of the holders of policies and both contracts, Monagas belonging $5,893,674 $6,195,251 for the year ended Oct. 31, 1941i includes $1,034,500 for Federal ^excess profits tax under the Net' income * of Central (Del.)—Contract with Phillips— Co. See King Oil Co. above.—V. preferred Cumulative f *• the follow¬ 000-00000: stock common 155, p. 55. 1 Co.—V. Distributing Dividends on capital stock Cumulative the Cr83,404 118,802 $7,324,879 ——_i—— of payable on the common stock before the class A preferred is entitled to participating dividends. (b) Whether, and to what extent, it is appropriate in the public interest or for the protection of investors and consumers to attach terms and conditions with respect to the accounting entries to be made in connection with the dividend of the common stock of Central 100,161 Cl'105,277 subsidiary---— a 0, ';^000. '* "0' 7 '' dividend the Whether tributing Co. was a liquidating dividend and whether* such may be properly allocable to the computation of the sum capital charged to construction Miscellaneous dividend would be $247,592. directed at the hearing to will be attenton matters:'1:' (a) 694,120 41,843 fixed assets———- sundry of Amortization Gasoline Corp. A year Particular ing $12,034,079 3,487,450 63,999 —i— Other interest «.£«. stock of $11,633,367 debt——— funded Interest Interest $11,439,864 $11,933,132 143,502 100,947 i——— income Interest Amortization (70-447) of company, application incorporation of Panhandle, as preferred stock is entitled to of class the the participating share, i Net or amended, pro¬ receive in any participating dividends after $1.50 per share shall have been paid on each share of its common stock during such cal¬ endar year. On Sept. 29, 1941, the board of directors of Panhandle declared but withheld payment of a participating dividend in the sum of $201,841 on its class A preferred stock, using as a basis a compromise figure of 25 cents per share on account of the dividend payable on the common stock instead of an original declaration of 42 cents, the par value of each share of common stock of Central Distributing Co., a wholly-owned subsidiary, previously distributed as a dividend. On the basis of the original declaration of 42 cents per that calendar one 3,944,778 (other than income taxes)—— Provision telephones Co.—Hearing on Div.— which is owned by Columbia Oil & certificate The vides 14,129,978 1,572,135 4,173,014 ——————-i - . "Accordingly, company its guaranty for benefit of the company's approximately 2,233,700 which participating declared and paid 1941, was scheduled to be held before the SEC on ' "• '/v:'/-""7.v'.vv;v C7/ has outstanding 100,000 shares of class A preferred company stock all of $39,436,992 14,586,737 Operating revenues 8, The (& Subs.)- -Earns— A 1940 1941 j—- $42,123,596 -r--'4 •' Operation Taxes the declaration on the year 1942. : during Ski-Planes— equipment and baggage.—V. 152, p. 434. Nor'hern States Power Co. Years Ended Oct. 31— Deprec.ation hearing A company special accommodations for ski of promoting the stability of domestic life insurance companies. the Guaranty corporation has made available to the purpose December, regarding a proposed alteration of the basis upon dividends on its class A preferred stock will be has introduced a new ski-plane service from Boston to Mt. Mansfield, Vt., and to the Canad.an Laurentians. Two round trips dlaly w.ll be conducted between Boston and Burlington, Vt., and Montreal. The company will use 24-passenger Douglas airliners, with This interests best Certificates— Panhandle Eastern Pipe Line 159. Northeast Airlines, Inc.^-To Run I net gain of 19,048 in telephones for against 111,355 in 1940. The company now has instruments in service.—V. 155, p. 159. ■ 27.30% ■-Total —V. a in Phones— against 15,783 in November and 12,360 in December, 1940. The indicated net gain for the year 1941 was 174,267 26.07% connect. reports The company 22,962 loaded———— from the depressed real estate market. In view of its real estate both the company and the department concluded that the of the policyholders would be served by obtaining the assistance of the Guaranty corporation, which was created for the problem $15,000; Pacific Telephone & Telegraph Co.—Gain -Decrease Jan. 4, '41 it as affected by Prov. 18,183 24,186,f' Received reserve taxes, income for 3 Total Cars $4,985; for workmen's compensation, $2,583; reserve unclaimed dividends, $836; reserve for log insurance, $5,000; capital stock <$1 par), $440,104; capital surplus, $42,029; operating deficit, $32,209; total, $512,050. $31,039; payable, L—— from receivable, soliciting experienced steady gains from its insurance operations. However, has a substantial part of its assets in real estate it has been has and leases (less reserve for depreciation of $551,819), $338,529; deferred charges, $2,687; total, $512,050.. Liabilities—Accrued wages, $6,668; bills payable, $1,000; accounts Vjan. 3, '42 Dec. 27, '41 Jam 4, '41 19,233 13,033 17,979 connections-------: ^ 4,953 5,150 4,983 loaded Cars bills receivable, $92,029; work in progress, $15,343; inventories of and supplies—at cost, $5,857; investments—1941 war loan, $9,90'0; Western Ry. Co.—Carloadings— & Week Ended— i $42,720; $18,912 13,203 1941 at June 30, as bankers, at $46,931 28,019 employs no It contracts. participating only issues agents but through the medium of the mails its contracts are issued to policyholders in all parts of the United States and Canada. The most recent examination by the Department shows that the company tugs, equipment K—"'Vf; 159. 155, p. , $45,863 1,068 accounts stores Net - Dividends paid Balance Sheet 12,415,240 ^ . Depreciation Mos.—1940 $ revenues Uncollectible oper. rev.:. Operating expenses income This is the first action taken guaranty for $1,500,000. its \ : «,• 600 10,970 —_16,072 — profits taxes profit for the year before prov. for depreciation—:: Net 1941—Month—1940 1941—11 $ V • " ■' " "■!'.$ after Income Telephone Co.—Earnings— New York Period End. Nov. 30— * 14,600 trustee the Erie Terminals RR.—V. 155, p. tuting the Edgewater section of income and excess Provisions for of the property consti¬ reorganization proceedings of the company, in Life by the Guaranty corporation, which was created by the Legislature in April, 1941 upon the recommendation of the Superintendent. 7 The announcement further goes on to say: , "The Postal Life was organized in 1904 and although a stock com¬ $88,106 — General and administrative expenses..—., The ICC on Dec. 30 authorized under ' V - of tugs, booming grounds and wharf 0;: oper. on Executive Western RR.—Purchase— New York Susquehanna & f 1941 30, of the State of New Louis H, Pink Department has approved an agreement between the Corp. and the Postal Life Insurance Co, which the Life Insurance Guaranty Corp. has extended to the Guaranty Insurance pany stock Insurance of Postal 1268 p. duties on the corpora-^ Insurance Life Mining Co.—Earnings & Honduras Rosario Shares 154, of merchandising radio parts, tubes, C. E. Carpenter, former head of the Co.—Guaranty Extended— Postal Life Insurance Superintendent York railway.— from Net 9,954; 1— railway____ from "Deficit.—V. New York tion's ^railway—— From Jan. Gross 1938 opbr. income— from Net 9 the no par value common on charge in be dry batteries.' division, will concentrate his entire export business.—V. 155, p. 159. $30,799 $35,849 $27,566 will and radios accessory 1939 1940 $30,810 railway-— from Gross Skinner, Jr., has been appointed manager of the accessory He division. Oklahoma City-Ada-Atoka Ry.—Earnings— New York Air Brake . Corp.—Manager Appointed— M. James " k auto 1101. 154, p. 154, p. 1730. Philco in kind on its common which NY PA NJ pro¬ proposes to declare and pay a dividend in the portfolio bonds listed above and poses Penn Co.—December Sales- (J. J.) Newberry period End. in CHRONICLE THE COMMERCIAL & FINANCIAL Number 4032 155 Volume for the Blue Network. President of the National Broadcasting Co., who capacity, was elected Chairman of the new com¬ Trammell, continue in that pany's Kobak executive as committee which includes Mark Woods and Edgar members. will continue uniterruptedly the maintenance of its Red Network broadcasting service which includes the operations of stations WEAF, New York; WRC, Washington; WTAM, Cleveland; WMAQ, Chicago; KOA, Denver, and KPO, San Francisco, and its service to 136 independently owned affiliated stations. The NBC will also main¬ tain its international broadcasting service, its radio recording service, and its development in the fields of television and frequency modula¬ The tion. NBC - - • THE COMMERCIAL & FINANCIAL CHRONICLE Re-establishes Communications Radio Direct - . United commercial States molished and opening of a island Manila broken ■.">,,9? iu~e Clifford G. of and „ dian ■ Mindanao."' Prior to Dec. 31, all radio circuits, for both telephone and telegraph, between the United States and the Philippines had Manila for their Western terminal. The Manila installations were among the in Davao, shall of V e exchange ; ^most of ym0r«?nn 48,000 154, pp. 1531 and 964t shares issue the Schultz Schultz and authorized executive —v. of committee the stock 55. ' p. provides Southeastern earnings stock -Vit'. directors share the on holders of making " Dec. on last, 26, B that dividends 15, May $2 ,10 year 154, p. 1496. directors the and have declared . (N. Y.)—Extra Div. 20 cents regular quarterly dividend of 25 cents per share '• 1936 —V. 152, ; to receive1" the been full and earned of the to at the capital shall by Light & he Southeastern a . stock of of :the -will of is to and be stock ■ in Union Co. company the Dec. on 17 paid stock Common to by time unsecured to time notes. prior.,to. May Each of the due • of ; 1965.:, The y- the at General of E. Manager of sales, Hartmann as assistant on Hartmann G. Jan. announced was to an I2V2 extra "dividend- of holders ■; -;.f f•A't•-.''Vr.^ subordinated the to 155, p. 92, indebtedness ,.y; X:. i which it will-incur i'&i:' • Mr.: :;>> . was EaJ!?^gs *'After ,.$589,220 profits taxes.—V. 154, p. 141.7. , . t . ... „ Southern T. A. „ Pacific o..r,' _ Jan. on 6 said in advised Trust the Montreal Canada, transfer agents, i have Exchange that 2,620 snares of the 6% Stock cumulative preferred stock V. t; ment purchase Montreal, Co., expenditures ' ' and "At St. Louis (Mo.) Shipbuilding & Steel Co.—Bonds Of¬ fered—Dempsey-Tegeler & Co., St. Louis, Mo., are offer¬ ing $95,000 1st mortgage real estate bonds— V • Bonds of Dated Dec. Trust June int. accrued June 1, 1944 bear int. valued at 1950. 1 Dec. Mo., bonds duly at the are In for succeeding agreements, figures or, of to to land office Bonds the of in the Mutual Herman of the "r- owned in Bank of of of the leasehold Gas .Co. Sinking l/6th of months this on Fund: the is of and regardless issue. The issue of requirement ; of the life additional for the insurance for the Federal 1940 year times and the of should it be less per ton mile 155, provides interest for for with continue the on basis of the of plus The Co. provide funds with which bonds the secure additional purchase issue this maturity Mexico holding held Eastern company holding company's dividends. accrued stock of the new in debt, the of stock common retire stock will Production of Operating Bell Co. issued stock and $2,178,250 of oper. The be basis of Texas the company tion was terly Jan. on stock 'made to Oct. on dividends 2 of paid holders Telephone 20 1, record 33,603 last. of $2,936,900 Net oper. income $1,473,345 Previously;, cents.—V. 154, 10 cents A 154, 1,228,658 „ p. the ; South p. *438. 4 ' " West The directors the on Dec. 1, V. have declared ordinary sto^k. interim an 154, k original quar¬ each, by .• 7 and the tax free, July 8, 1941.— \ distribution additional the Stock shares of Exchange common has and 48.000 of issuance of Union stock upon Bus applied On May Laddie additional stock the acauisition Co., making for 272,260 1941, 2, shares on Hamilton, the shares of by authorized official common of stock of stock number (par $5). Southeastern notice listing issuance Dixie on of of of official the capital shares of 6,300 transaction in which the as notice stock common would commoij March pay have stock to been 31, 1941, the sellers declared and oj goutheastprp to and cash paid had $575,947 $6;408,543 "$6,103,896 439,026 419,010 $147,394 $156,937 into an agreement with provides that equivalent upon said to oper. Net Net 6 300 the ysame ,beep dividends shares si^ed of ^nd rev. revenues-^-. Gas the-holding Co. and 64,036 36,124,751 $111,582 25,923 154, p. 1532. •" 4,657,301 • 630,543 516,632 $1,120,699 $1,279,013 393,954 527,236 42,881'; iir> Twentieth Century Fox Film Corp, Shows Increased Profit— " ' . ;; $1,795,649 / / eompany.— 4.313,251 $1,751,242 - 45,355 $83,358 oper.-1 income-— income —V. — L , Roxy Theatre ' </" ; The Roxy Theatre (owned by the Twentieth Century Fox Film Corp.) in the latest fiscal year enjoyed a substantial Improvement 1n both-? s. .'' - . The . of 27/e% to said 1, in 1942-Nov, of to 1945 (instead of outbreak ' installments four effective Commission fleet with - respect in¬ to > the'-issue- * -'V' '• paid " - , by company.—V, the ' ■ 154, ' r'i . for Fed. for . 1194. p. Dec. 1940. 27, 1941, 20.06% fc.s", above those -.•••'• VS for .the • pairs of 154, Navy shoes 1007. p. amounting to $197,000, V ' it awarded was ■>; 1 Period Ended Dec. "31— Prop, ' inc. 5,012.720 reserve & 154, $7,509,264 p. $6,758,542 Gross it w'll was be Aruba under ing" announced on Jan. 5 that a $10,000,000 expansion income Times.")—V. 155, expansion p. of aviation fuel facilities.. mortgage company on account pf. Accumulations on paid a tfie f% dividend of $6.50 nw cujnulattve. prpfenred trust $10.01 8.112 *10,386,889 J $9,717,923 287,234 $1,577,632 $10,242,691 $10,005,157 ■ .I &c.) (notes, L 28 2*0 '• '■ ' <v, : ' 48.750 ; 195 000 385.002 i' ' ». 195.000 1.500,000 1,609,190 >■,- 521,885 518.937 15,420 12,266 ■; ' ■ 2,108.786 ' 1,978.097 130,836 * oi) " 60,130 ^ • 373 B,535, 11 535 $1,422,409 B"la"ce 253,159 J 48.750 375,000 $586,972 1 $6,319,604 19,010 * div«:-' to! public- 755,937,594 ' subsidiary Balance 206 ________ applicable minority ' $1,422,409 - $586,766 ■ $6,319,604- 828 ** $5,936,768 to interests 74.358 61.651 173,523 203.079 - phs-H? stock 23.206 3,896,869 224.579 1 '• debentures. deductions Port:on 29 on interest loe-ns, Pref. 56. Dec. 34,752 bonds .York,, Strathmore Paper Co.—Accumulated Dividend— The 23,498 bonds col. program.- ("New ' : 2,577,563. 11,655,837 $1,542,880 •■■■ launched by the company at its Lago plants on the island, of the Netherland West Indies. This program, which wfll get way in the nvddle of 1942, provides for bu'ld:ng a new "crack¬ and 24.874 4,842,059 $2,382,891 Interest charged to construction (Cr.) in plant r1 23,206 a-: on ■< Jersey)—Expansion- 19,097,929 2,755,939; ' 1,455,671 1,014,029 3,-212,253 (net) on Interest, Other (New 19308.499 * Other 1941—12 Mo^.—1940 $57,039,995 $53,477,323 1731, Standard Oil Co. 302,546 deplet. appropriations income . Mos.-M940: -8.689 Int. v - 1941—-12 1,335,670 retire. scheduling planes in Its $48,606,320 $44,578,487 4,703 908 907,014 taxes now more Subs.)—Earnings—; :'.v 1941-r-3 Mos—1940 $12,835,739 $10,164,132 taxes is 1272. p. $2,359,393 announced.— - 194i—Month—1940 sales —V. 154, 50,000 Spiegel. Inc.—December Sales— Net (& revenues. .Int. , corporation ago.—V. Federal, excess profits Other '' was year , weeks » During the months, the manufacturing division V. four Pacific.—The a Other, taxes /"*** V-.i'., same the time expenses Prov. Prov. - were operat., Operating the company of $2,250,000 of notes to First National Bank,'" Trust & Savings Bank, Chicago, and American & Trust Co., Chicago. On Nov.il,-1941, $450,000 of and this United Gas Corp. Total Harris matured in war at Period End. Nov. 30?— the-' Bank notes than of annual permitted of flights totaling 68;000 miles daily, he said, with six ■ - the. 1939, become on the unpaid of payment eight, semi-annual 1, and 2 Vo %effective "' 29, effective Central interest rate the notes the provide Jor each). to reduce unsecured notes March subsidiary to (a) proposes (b) a Co., corporation's planes flew approximately 17,849,600,revenue pas•fsenger miles in December, an increase of 60% over the same month'* in 1940, and a new record for the month. The 2,020,000 revenue air- " 'plane miles operated were 14% ahead of December, a year ago. V Harold Crary, Vice-President in charge of traffic, stated that both" passenger and cargo traffic registered sharp -increases following the ^ ■ ... Southeastern all oper. Operating taxesil-______ be ' entered Dorothy of addition 15,861 $586,420 4 upon Coaches, Hamilton and Elmer Hamilton for the purchase of all of the .authorized capital stock of Dixie Coaches, Inc., consisting of 100 shares of common stock "(par $100) in consideration of the delivery to the stockholders of 6,300 shares of the common stock of Southeastern and the payment to them of $46,233 in cash, in such installments as they might elect during the years 1941 1942 and 1943. The agreement contemplates the consummation of the shall is Spencer-Shoe Corp.—Sales Up 20.06%— of • the Southeastern total 16,899 I The corporation reports sales in its retail stores for the four weeks acquiriMon by Southeastern of the capital Inc., 7:yr. .516 /W) " . . York of declaration '-/U ; !;• Southeastern Greyhound Lines—Listing of Additional Common Stock—Acquisition, etc.— New $6,425,443 V Net ; between Co.—Earnings— "-...'"L"';■ Electric Co., and May date National ending The 1941, and sale bv 21/2%, the ,. 662. p. of & outstanding amount Under - dividend ■ Gas stallments of $450,000 on Trading Co., Ltd.-^-Interim Dividend d'str but'on of 1 ke amount was made on Feb. A $576,4o3 1,569 - -revenues-^. United Air Lines Transport Corp.—Record Traffic— Utilities of Chicago; Shell Transport & 1941^-11 Mos.—1940 $587,989 1531. (O--/'';-'': $1,800,000 distribu¬ paid company - , Co.—Earnings- Operating revenues^. Operating expenses preferred «■' SEC on Jan. 2 issued an order permitting to become supplemental declaration filed regarding the following:- $225,000 share . the?,, tho; octane 1941—Month—1940 " . Southwestern Gas and Electric Cn.—Note Interest Re¬ ** per of in . income principal similar Period End. Nov. 30- Operating : a 27. because . $9,115,795 6,178,898 w revenues-. Southwestern Dec. of the company pointed out that although emergency,;;, brought about a temporary curtailment of production ; shortage of tankers, it is anticipated that production will gross and net income according to data complied by Amott, Baker 1941—11 Mos.—3 940 & Co., Inc. ... ;'iWy.,., '-v $8,396,242 $98,395,939 $89,570,653 k ■'if Total income for the! year exceeded $1,900,000, compared to $1,838,-; 32,425 . 368,551 338,589000 in the preceding comparable period,^ while the net after all charges including depreciation was $37,000, against a $42,000 loss $8,363,817 $98,027,388 $89,232,064 ■last .year. / ■ -■ A--V/, 5,508,185 61,679,731 56,180,911" Holders of the more than $3,150,000 first mortgage issue have been paid 4% interest on their bonds since reorganization and in the latest $2,855,632 $36,347,657 $33,051,153 year this interest requirement was earned about twice. «■:> Substantial 1,151,234 18,844,110 13,5^6,361 retirement of debt has been accomplished as required by the indenture,V the issue having originally been approximately $3,600,000.—V. 154, $1,704,398 $17,503,547 $19,514,792 p, 1153. rr .-.v 1,471,382 14,812,870 16,913,736 1,463,555 Net $1,754,374 $16,197,585 $14,117,733 dividend a of Maria Field, has :been an-' pre¬ to allocated Southwestern owned taxes.. —V. 1531. common Santa barrels, , Operating on the 500 have the to Uncollect.ble New equal outstanding will t.1 -1;;; Co.,.is rev._ duced— Shasta Water Co.—Pays 10-Cent Dividend— t par of for amount par presently The $9,149,393 Operating revenues Operating expenses the 1941—12 Mos—1940 the in , 1941—Month—1940 revenues Uncollectible oper. the furnish of Tri-State Telephone & Telegraph v":V: Southwestern Net wells oil indebtedness be preferred 430.^!! Period End Nov. 30— set additional be r®sum6d shortly at probably Increased allowables of New Mexico Gas Co., New Mexico Eastern common Union .151, p^: - of two daily potential' production Capital Co., a subsidiary. < |r°Tin?» for ^ Particular type of'crude produced >San ® Mar,a Valley which is used In the manufacture of high Sasoline necessary for aviation fuel, V. 154,^p. 115?. fc; of the: holding The Sales Western ': working capital. 1941—Month—1940 Officials ' Arkansas to Gas a company v portion and used . Southern V. be publicly the holding company. by amendment. furnished v! to of the funded will and Gas fund sinking original in by conditions I1 ' interests The preferred the New and publicly held of Schiff Co.—December Sales Up 24.16 p. traffic the Securities!; with . its except bonds for Further that ■. ? of company. the the common of monthly deposit of during the current six the of •; a ___ Co. value stock, the '■ to Gas stock new ____ Period End. Dec. 31— 154, nounced he noted, 1941 on with The two recently completed wells give the company a total of. seven producers in the Santa Maria Field, with a total estimated production of better than 4,000 barrels daily. According to company officials i: this brings to a close the company's present drilling program in this field, with the possible exception of one more offset well., the 160. p. plan of reorganization dispose the exchange the maturing <' property mortgaged —V. „ Mercier from interest maximum v. and the Mexico income - mortgage of in ferred $37,974,- State maturing and then outstanding. retired from net profits the annual bonds shall To :-pose: though income Co.—Reorganization Plan Is Filed liabilities; sale " for the by All company. nine life Incorp. in Missouri, July 25, 1933. Company specializes in the building and repairing of boats, barges and floating equipment of all kinds and description. Now busily engaged in building steel bar-ei and tug boats. I : < V.1. -• '■ v • P handled, increased , Completion each kV., ^ ;-'4/"/k; w operating company wijll issue $3,500,000 of 3Vi% 20-year bonds as well as 6% preferred and common stock. The from par par security benefit the on to for Company: company 1 plant, Mr. Pacific's by - rail pew Quanah Water Co,- It will then be merged-into a new which will acquire all the assets and properties all new proceeds ■ next of this issue. up months due assumed by subsequent arbitration. :'This assigned as deed of trust than more the'trustee the Southern tftken''.by.;'thevq6mmissiottv:b»-.^^ company assume The payment when due. In addition, the provides that there shall be prepaid annually from net profits, after taxes, when available, all of the net profits up to the sum of $10,000, and that said funds be applied toward prepayment of of improvement many lonsrer parsing tracks, new traffic, control and signals, possible 1929;—V. and for way sinking fund and mortgage bonds of proposes company. holds fee in the also $50,000 President principal with business traffic and operating secured machin¬ company owned by estate. mortgage sum represents requirement of made company has filed a Exchange Commission. Company bonds, but the above mortgaged property do not include any There the total Pott, This the extension under < been of of ' improvement has been central The and determined agree, secure the this Security: be to Company shows earnings Charges including provisions all taxes. the volume on freight With SEC— ' ■ fee land the to Earnings: after of etc." of Southern Union Gas company, further are ! cannot mortgaged the value the T. total a t- ■» seeks, among other things, to enjoin the Commission from proceeding J.ts rinS in the matter of Transamerica Corp. pending deternunation of certain issues raised by the complaint, particularly with reference to the right of the Commission^to admit,-Into the record certain evidence pertaining to the bank and its relations with -Trans--1 america Corp. ] Subsidiary Completes fwo Wells— ' equip- new involves locomotives, ' form—$500 coupon improvements and between are parties also terms bondholders has adds, that the company received 26% semi-annually interest payable, obligation land, property lying periods year the is account on Additional under five if estate as amount extension of program continuing—construction out, than the Mississippi River under a lease from the City of St. Louis to the company for a period of 25 years from Aug. 15, 1941, at an annual rental of $1,305 a year for the first five years. The annual rentals leasehold ballast, record $5,000 and Missouri, and on \ addition feet square the direct in deed of trust $237,247. Leasehold: payable Principal trustee. incorporated first mortgage 104,398 principal 1, and Louis, These corporation a is Much new . great a facilities line and points int. all bonds may be prepaid and redeemed on any semi¬ on 30 days written notice to the trustee at par and :.. I ^r-', v ':y\ or date Security; Dec. 1 St. Co., 1941; 1, through Any annual ery June for i? • •: piaant in . of as 1941 1, denom. by incl. and terminal round-houses, 4% semi-annually a to 1941 "Our 1940-42 years announced the Bank of America N. T. & S. A. ofaan amended and supplemental comthe U. S. District Court lor the- District of- Columbia,- which " Additions may be expected as circumstances indiwar-time priorities permit. time same and Bonds of and 1, Dec. three $50,000,000 8 • actfonrwas This ... the governing as the and per annum, payable semi-annually, from June 1,. maturing Dec. 1, 1944 and thereafter, bear int. at the 41/2%'per annum, payable semi-annually from June 1, 1941. 1941. rate maturing rate the the than more passenger cars. cate and • of at for program of Examiner. Tnal • of the abo^e company have been canceled.— 154, p. 1498. $2.66 and .excess , part: , Royal I"'''"!; . Hearing Postponed— and Exchange Commission Jan. postponement of its hearing in the matter of Transamerica Corp., due to be convened in San Francisco on Jan. .12, 1942. Tne- hearing lias been :^ adjourned indefinitely, subject to call on 10 days' -notice from the CO.—-Equipment Purchase Program President, Mercier, , The Securities $615,02^;.- '/ „ „ ; , ^are 0 and provision for oommon stocky,. $2.51 charges Federal income, all •: . pront formerly product sales manager of the wire and special-, ties division. J. L. Unsworth was appointed manager of the Phila¬ delphia branch, while W. C. Shattuck, formerly of the New York branch, was named to succeed Mr. Hartmann.—V. 143, p. 122. The Tiansamerica Corp.—SEC ( St. Lawrence Paper Mills Co., Ltd.—Pref. Stock Can-*' celed— 1 * W'■:•' - 4 Advance-BaS-&'Paper Co., Inc.—-Earnings— ftxt1t Months Epaea Nov. jo ._J;941 3 1940 Net Low,, Low. 8 by Mr. bank. the to •'-i V\'>" "per^-Tennessee Coal, Iron & RR. Co.—Tenders cents Southern C. '' company's agreement with the bank provides that the $1,636,000 indebtedness, which "it • owes to its parent, will be open-account of > E. • rate-of year and .. appointment V mature Co.-^Pays Extra Dividend- Roebling Sons' Co.—New Officers— " The and ly.42, will the date of the'first borrowing 'and will bear 1'/a % during the first year, ,2V during the 2%%"during the third year;- The funds will be used for construction purposes- and to rbdeem, at not- more^ than 103'A; $109,000 of- - b '/o first consolidated4: mortgage- gold' bonds, series 'A,'- ■ (John A.) • 1, notes from years second con^' Bus be made from evidenced interest creating issued of are .to be three company which common » .• . held on Septl 19, incorporation Of the of * & Light Co. and its subsidiary, Superior Water, Co.," have fileC with the SEC a declaration or.,appli- Power rowings . meeting articles PriwiV'Cn —1 Tn ; Rnrrnw C rower CO.—r- 10 : DOrrowfl M"-!'. cadon (70-471) -Regarding a proposal by the "'subsidiary to borrow up to $1,600,000 from the Guaranty Trust-- Co.?of New York; >v. Tne bor-» notr'in-^ capital same The iirlif Jt, Liiglit & T Power American net^ > ;■ Southeastern the acquisition .-,W ...-/v.:'.-; , amendments increasing share on the com¬ on 275. p. than- Dec. record Dec.-rlT,-A-quarterly The Central Hanover Bank Trust-Co-4. trustee,' -70 Broad way ;-N. Yj ; ; distribution of 25 cents per share was made on Jan?-2, which was the'' ^ City, will receive*-sealed proposals up to noon on Jan. 23i' 1»42, for ;" same rate as paid on June 16 and Sept. 20, 1941yand compares witlu' the; sale to it. for account- of the sinking fund of general mortgage37V2 cents paid on March 15, 1941, and on Dec. 19, 1940;?: Previously. - igQld bonds, ; due>1951(,;to an-»-,aggregate "amount.'Which, together with regular quarterly dividends of 25 cents were distributed;-^.'4--.152?^; tae, i'hteres&t will exhaust the sum of $119,360.—V. 154, p. 14i8. i p. 4138; ' r '• '■ '' :' .v:~: share per A similar ing have second preferred stock, part with the acquisition of the the shall later —V. stock, both payable Jan. 15 to holders of record Jan. 9. ^ extra was paid in January of each year since and includ-1 mon o. prior Southern Acid & Sulphur dividend of extra an in $2.25 which not special meeting, the stockholders of Southeastern also approved the acquisition pf the common stock of Union Bus Co.^ V. 154, p, 250, 438, 1007. - ' \•; s' and against as Co. Co. stockholders 6%- At Bus transaction 31, 1940, less dividends declared and paid share per quarter-annual period on the Bus approved nection ,.p\ „ Rochester American Insurance Co. The ■ of share per the amount Nov. 15, 10 cents was paid,.; 15 The that the per Union company 1942, to Dec. $5.10 o'f i 1941, per 16, like of Aug. dividend year- end cents 50 stocks, payable Feb. 15, Feb. a of Interim 1942. on dividend interim an common 2j, issues for total a 1940.—V. and Jan. these on 1941, and declared common record paid were have Of .Union after of securities, the '. The of but Reynolds Tobacco Co.—50-Cent Common Div. (R. J.) incorporation of of excess ends ?on •* Jan. 31 to' 80/cents! per. share as .against,; $1,.in .the* prece(jing fiscal year. '.A year-end dividend of 40 cents per share had ; paid, oh the common stock on Jan. 25, 1941.-V. 152 p. 276. V / »^ authorized consummation earned , which capital,..stock cf and*5,000: s-: , Southeastern 4p.art;:ot-.tJie, W-c„n^rihr Wnt#>r by amendments to the&uPenor Water Southeastern), The agreement con-■ '"$1,600,000—- preferred the 1941, Schultz,, for-'the outstanding 31, Chicago the 155, and - legal guar- ' share"on the common stock, payable Jan. .30 to-»iiolders of record^;. Schultz),- ...-.jati. 15, bringing dividend payments for the- company's fiscal year as Bronson Bronson- templates Stock Exchange on Jan. 7 application of the company to list 200,000 additional shares of common stock, $10 par value, which will.be admitted to trading upon official notice of issuance and registration becoming effective on this Exchange under the Securities Exchange Act of 1934, The approved of Genevieve 6% second preferred stock 6%. second articles Co.—Listing—.. and conslfst"i? Ot 5'mo shares of common stock (par $100^ .>-.„een of the common stock of Southeastern-, * 'Rath Packing (mthvidually, and Genevieve shares the of of W. Henry Schultz of all u for v. j"CSun Ray Drug Co:^20-CentAYe^-ErKl(Dividend— ^ en^er^diJnt?, ®,n" "agreement with,;>5, The directors have 'declared, a yeaf-imd %viddn^/af 20.; cents per., . '»» Mae » Schultz, Frederick Frederick ,,Henry „ powerful in the world.—V. 155, pp. 91 and 55; V. full and amounted to $15,438.)>: ' ^ on Jan. 9 by* RCA Communications, Inc., with the circuit between San Francisco and the City of Cebu on the same name. Cebu lies about half way btween re-established the on March 31, 1941, t and that ^Southeastern. ..holders of record, thesamedate.rf A- distribution of $1.50 per sharewasif net. earnings of Dixie Coaches, Inc., which have made on Oct. 1, last; ond of $5.50 per share on July 1, last; one ;of be earned from and after. March 31, 1941. $2150 per ghire-'tm 'April-1/ last, Tend- $1:50 on'Jan? *2,4 1941; See alsq (The net earnings of Dixie Coaches, Inc.■* after making -allowances--v-V; 154, p; 548.-"-" nvmtt,v,:.... for income taxes for the five months' period -ending Attgi 3ir 1941/ :''■>> VV'*' ':y" "&"*•' * .''-^7. a- ■' i'- cable installations and the earned L' Tuesday, January 13,1942 the; sellers receive been between j . communications between the> since the U. S. Army de¬ at Manila on Dec. 31, was radiotelegraph the-Philippines, till-radio * delivered -td shall RCA United States and Philippines—V : '■ 194 ^ on to Cnrl*- - $1,348,051 . $535,1:15 1 $6,146,081 §5,733,683 t Number 4032 155 Volume revs. natural — 75,000 395,762 172,912 152,599 699,039 130,000 130,000 656,000 *$56,840 *$77,556 1,876,042 1,390,267 profits taxes) Property retirement re¬ serve appropriations- V. 154, Dougherty M. gas 65.7,115 ; Steel American 651,200 to Mr. debentures- on Int. notes on loans- & interest ________ deductions Other income Net $8,321,041 Structure— 2,006,100 The 1,764,425 54-44) 36,830 SEC .i Jan. 1418. p. $4,505,266 subsidiary, owned Dividend Canada, Ltd.—Resumes 1937, which was followed by a • payment of Dec. 20, 1937, none since.—V. 152, p. 846. -the - 15, five cents per share on of an filing 21,705,062 16,755,563 15,338,325 13,322,183 6,966,277 4,249,041 3,306,790 610,818 2,245,173 1,545,657 *1,216,353 Jan. from .^and Robert W. and Rea sell Service its Co. and to of surrender --.r W. Woodcock, shares Co., Inc. common for G. cancellation of stock common ($1 'VV-: V* of Louisiana Ice par) /' R. F. Secretary, .in Troop, year 1941, states: Gold production 150, by ■the 2902. p. Ltd.—Review of Year with $2,621,000 ,< a ; ^ - last a for fhe season just closed is $2,325,000 compared 1940. In addition to adverse weather conditions in and which August, ; :: occurred resulted in a 10-day shutdown. 1941, of which 4,971,000 cubic 8,205,000 cubic yards were dug during <i; - ' letter to shareholders reviewing the •<., > operations were handicapped by the strike of employees which stock of yards, yielding $.1,985,000, were pany's proved gravel reserves. dug from ground included in the com¬ 3,234,000 cubic yards, yielding $340,000, 2 and 3 from ground in the Klondike Valley which is not included in proved reserves. dug by Dredges Nos. were & Electric operating Company's office and London - states that, as a result of these transactions, it will divest'itself'of""all ■ it§ assets except cash .and that it will then be in a position to file "an application with the Commission for an order declaring it not .to^be. a /holding company. v v. According to the application, Mr. Rea and Mr. Woodcock are affili¬ ates of Utilities Stock. & Bond Corp. by virtue of their ownership of The Commission.—V. Yukon Consolidated Gold Corp., 1,000 shares of common-stock (no par), presently held by Utili¬ ties Stock & Bond Corp., while the parent will sell 350 shares of its 9,654 S. P. 1941—Dividend Deferred— the consolidated mortgage gold bonds, series of 1924, 5h^r/c, due 1959 are being notified that $1,256,600 principal amount of these bonds has been drawn by lot for redemption on Feb. 10, 1942, at 103 and interest. The bonds will be redeemed at The New York Trust Co., 100 Broadway, N. Y. City, on and after the redemption date. >,./ ■ > V;'; ».•*>< --r*. Holders of these bonds desiring <to surrender- them prior to Feb, 10, 1942, may do so, and they will receive the full redemption price (including interest accrued to Feb. 10, 1942.)—V. 155, p. 161, stock to funds Wisconsin Gas Co., a wholly- Floyd shares 1,487 has been authorized to issue $10,000,000 common for additions and improvements to its plant Company plan, proposes -to Public Coast East railway railway oper. obtain ^ Utilities Stock & stocks- of two subsidiaries, proposed also l— Wisconsin Telephone Co.—Telephone Stock Issue— ; (File No. application $1,500,000 unsecured promissory note of Empire Southern Gas Co.: . In order to carry out, the distribution, Empire Southern Gas Co. will issue 69,780 shares of common stock ($1 par) in exchange for and lien first of the 7■•' the company Co.~Bonds Called-— United Light & Power Holders 289,024 income™4,242,210 ''Deficit.—V. 154, p. 1386. v ■' ' Bond Corp. will dis¬ tribute the common Empire Southern Gas Co. and Louisiana Ice & Electric Co., Inc., pro rata to its stock¬ holders as follows: One share of common stock of Empire and 8/60 of a share of common stock of Louisiana ior each share^held. The : United Distillers of 323,919 income.™ oper. Net ry. of the Holding Company Act for approval under Section 11- (e) Under The directors have declared a dividend of 10 cents per share on common stock, payable Jan. 21 to holders of record Jan. 15. ^ An initial distribution of 10 cents per share was made on April 470,047 railway.- ■ announced 3 Utilities Stock & Bond Corp., Empire Southern by ...... r ,426,309 ry. From Simplify Corporate a affiliates. •Loss.—V.: 154, 465,966 Gross plan to simplify the corporate structure of the Utilities Stock & Bond Corp. holding company system. The application was filed jointly of ,8,420 $4,094,430 $362,190 Utilities ♦ $1,418,538 514,224 Net 155, p. 161. Stock & Bond Corp.- -To 1938 $1,549,163 666,618 from Net from 6,932,740 1939 $1,762,215 Net $1,388,301 , $838,890 — $883,913 7,118,564 > 1940 1941 $2,332,437 815,231 railway—.—, from Gross Vice-President in charge of finance of Co., a subsidiary. Ogden Ashley has been Carr and C. S. Morris has been appointed Wire & assistant named 1941—12 Mos.—1940 $85,742,305 $76,601,176 57. p. November— elected has been J,- Carr F. $8,002,477 $1,312,711 501,525 •2,006,100 1,703,771 438,696 188,844 8,200 9,332 2,100 $1,819,202 501,525 423,529 « 52,755 2,503 income Gross Interest Other — (net) income Other of the company.— • $8,447,221 Western Pacific RR.—Earnings— supervisor of accounting,—V. natural Assistant Secretary an 1385. p. 155, , 1941—Month—1940 Dec. 31— End. $9,816;675 —V. United States Steel Corp.—Subs. Co. Officers— operat. revenues— Net Period Sales 249,147 (excl. excess Other taxes William and $9,994,712 7,048,949 1,624,026 60,000 for Fed. inc. taxes Vice- Herbert E. Smith and Elmer Roberts. The directors also named Frank-J. McGrath an Assistant Treasurer, Presidents 1941—12 Mos.—1940 $9,687,699 7,052,985 Walgreen Co.—December Sales— Other members of the War Prod¬ addition to Mr. Needham and Mr. Humphreys, are ucts group, in $1,804,683 1,524,640 $1,930,098 < Operating expenses Prov. .-V f 1941—3 Mos.—1940 Period End. Nov. 30— Operat, Company Only Production Management. of Office Earnings of 195 CHRONICLE THE COMMERCIAL & FINANCIAL \ for profit expenses (after payment of Vancouver depreciation and amortization) 1941 but before estimated at $960,000. is company During the year the following expenditures of a non-operating nature made: were construction New , 4)— (including completion of Dredge No. ■.Stripping and thawing in advance of operations—— Purchase of supplies against future requirements 16,850 shares and'4,444 shares, respectively, of the company's common Mr.-Rea also owns -3,418 shares and Mr. Woodcock owns 3,454 Debenture sinking fund—-— $458,000 219,000 " 158,000 ——214,500 , stock. United States Rubber Co.—Changes in Personnel— Needham, Mr. ington head as Lucius Vice-President D. ?:'> After — total $51,500 of of 1st mtge. Rogers, Ark. A Payment Levy i Voted— Debt "Gazette" of Jan. 4 carried the following report from Rogers: Faced with a suit unless it took action, the City Council voted a one and a half mill additional property tax last Rock Little The eliminate further / de¬ city hall and park bonded indebtedness. This gives the city revenue from a five-mill tax to make payments to, the Walker brothers, Jeff and Calvin, of Springdale, who own all re¬ maining bonds of the issue made to build the city hall, equip the Fire Department and build the night to faults on the athletic park. Walker brothers . Chancery in had filed suit Court city, seeking to force against-the the Council additional one and claiming the pres¬ ent revenue was insufficient to meet bond and interest payments as they fell due. The city now is $2,000 behind in payments to vote to at So. 1 . District Irrigation Calif. bonds. for calls indebtedness, Prin. issuance 'of the Bond CSale semi-ann. $40,000 Alachua Gaines- (P. O. ville), Fla. County . of county hospital bonds, rejected by the voters last Sep¬ tember, will again come up for consideration at an election set for Feb. - 1945. $10,000 in 1946 and 1947, $12,000, 1948 and 1949, $1-4 000 in 1950, $16,000. 1951 and 1943 to 1952, and $17,000 in 1953 to 1962. Chicago Title & Trust Co., acting as- trustee. From the records, it 3, it is reported. hat Ren- A. bonds West 3%s, at as Palm Beach • Sold—Carlber Bonds learn if Palm . Cook are ^urchpsed at par on Dec. 29, ^00 3V2% bonds. ^ Sr»nris are Due $395,000. part of .j-'v total issue cf a i- i.-', , - •• r by the 1" * ILLINOIS that the city has been un¬ to 3% water works revenue refund¬ ing bonds to Francoeur, Moran & said to have $74.^ semi-ann. refunding in 15 years. These Beach, par have complete the sale, an¬ nounced last August, of $58,000 able District & at semi- ,%Bond Sale Not Completed—We (P. O. West Palm Beach), Fla.' " District Clerk Carthage, III. par. School purchased ,1 Leedy-Wheeler & Co. of Orlando, jointly, O. Council), Idaho pur¬ were School . 153, p. 1305— because of unusual circumstannep incident- to the issuance of the original indebtedness. The new bonds were to replace an equal amount of 4s, thus permitting a Co. of Chicago—v. saving of1 about $5,000 in interest Co., but the & Trust Title $55,570 . State of Idaho. City Manager, informs us $643,000 hospital construc*- -revenue (P. 2 Bonds Sold—The been Sold—Claude Bonds • cago reports that $48,500 2y2% ann. 'construction bonds Miami, Fla. ■?haw, No. ''7- Atwill & Co. of Miami Beach, and in the waterworks with the earlier, the Dec. 31, a The County Rural High District $100,000 , of $139.00, equal to basis of . about 2.20%: — IDAHO < .. Adams chased at private sale recently by a gage on which were canceled in av¬ eraged about the same as a year 1940, report having Treasurer the of shown 81.55% of the 1939 taxes collected. of $178,467,083 on represented the largest collection ' for any year since 1936. The collections for 1940 Collections 1940 taxes taxes as of Dec. 31, 1941, were as follows: Extensions Real Collections Uncoil. ... $152,818,769 10,378,052 57,834,476 $135,944,033 i 10,353,005 32,170,045 10.34-% 0.22 44.21 .... $221;Q31,888 $178,467,083 .18.73% est Railroads .. Personal /Totals year-earlier report of the County Treasurer showed total collections on 1939 taxes of $169,The . or 18.45% total included 355,976, This taxes, estate real in uncollected. $129,821,641 10.03% un¬ and collected; $9,012,943 in railroad likely taxes,, or 5.19% uncollected and that they have been accidentally $30,521,392 in personal propertytaxes, or 43.69% uncollected. destroyed sometime in the years 1925--were Bond Election—rThe issuance Martinez, Calif. . Bond Sale—The $284,000 semiann. water works of 1942 bonds Jan..l: as follows: -$8,000 were coupon incl-. I premium at mort¬ Collections reported. cently secured by tificates seems that $50,570 of these cer¬ $30,000 2% tificates were paid and canceled National De¬ almost immediately after being 'school bonds, issue of 1942, of¬ fense bonds offered for sale on issued. In 1933, when the city was 9—v. 154, ;- p. -1733—were fered by the town on Jan. 8 was Jan; in arrears on interest payments, awarded to Putnam & Co. of Hart¬ awarded to a syndicate composed a deal was made whereby the ford, as 0.75s, at a price of 100.005. of the Trust Co. of Georgia, the holders of the then outstanding a basis of about 0.747%. : Dated Robinson-Humphrey Co., Clement 77 certificates exchanged these Jan. 2, 1942. Denom. $1,000. Due A. Evans '& Co:, all of. Atlanta; for 77 Refunding Water Revenue Johnson, Lane, Space & Co., and $10,000 on Jan. 2 from 1943 to bonds drawing 4%. Fifty-eight of 1946 incl. Payable at the Milford Varnedoe, Chisholm & Co., Inc., these are .still outstanding and Trust Co. and certified by said both of Savannah, for av premium are the 58 which were to be re¬ bank. Legality to be approved by of $813, equal to 102.71, a basis of financed at this time. These 77 about 1.84%. Dated Sept. 1, 1941. Day, Berry & Howard of Hartford. certificates and all paid coupons Due on Sept. 1 in 1951 to 1970 have been turned in to the Chi¬ FLORIDA •ion 100.489, payable at Atlanta, the City Treasurer's office. (J-J) int. and Savannah, Ga. Milford, Conn. • Due bn 1623. 150, p. charges over the life of the obli¬ are being investigated by city of¬ gations. The Carthage "Republi¬ ficials, and every effort will be can" of Dec. 24 explained the made to straighten out this diffi¬ difficulty in completing the sale culty for the benefit of both pres¬ \ in the following manner: To un¬ ent and future City Councils. the First National Bank, or Bond Sale—The issue of CALIFORNIA - a next Spring. and the company's need for working capital NEGOTIATIONS GEORGIA , CONNECTICUT • offered for sale on Jan. 7—v. 154, p. 1577—were purchased by the Bank of America, N. T. -& S. A., of San Francisco, as 2%s, paying 1941.—V. for fund. ? .he said bonds. interest rate, saying they paid a premium for the Moreover, general conditions may become correspond¬ have, accordingly, decided to conserve the -company's cash on hand to meet Spring requirements in 1942. The operating outlook for the coming season is distinctly better than adverse ingly greater and directors A N DC ITY DEPARTMENT district's the in which brothers refused to re¬ Walker duce the ' season. .After the payment of Dividend No, 2 last delayed production made it necessary, approximately $250,000 from the comnany's bankers, which, has since been repaid.. It is not thought desirable to repeat adverse conditions .and •:I,'4 Reidsville, Ga. Bonds—At¬ Bonds Sold—Brooke, Tindall & Townsend states that Co. of Atlanta, are said to have :he district is about to issue $114,- purchased $6,375 5% refunding derstand this difficulty it is nec¬ Cook County (P. O. Chicago), III. 500'refunding bonds, which will bonds, at a price of 102.00, a basis essary to go back to 1925 when Tax Collections Largest Since be taken by the Reconstruction of about 4.67%. Denom. $500, one the waterworks was built. In 1936—Taxes of 1940 were 81.27% Finance Corporation. The United for $375. Dated July 1,1941. Due July, 1925, the City of Carthage collected as of Dec. 31, 1941, John States District Court . has ap-< on July - 1, as follows: $375 in issued $127,570 of Water Certi¬ County Treasurer, re¬ proved the plan of readjustment 1942, and $500 in 1943 to 1954. ficates at a 6% rate. These cer¬ Toman, an ; by another operation more as operation of the sinking served of amount difce by extension on Feb.: 1, 1945, have been called for redemp¬ of Feb. 1, 1942 at 100% and int. Payment will be made the Continental Illinois National Bank & Trust Go., trustee. 231 LaSalle -St., Chicago, 111. The bonds are being retired through tion $1,049,500 borrow this 1, 1927, torney H. I. one-half mills,, the bondholders. bonds dated Aug. gold ' Mayor be February, Association—Bonds Galled— (Closed) to' Purchase RFC • Cashion states that $2,000 4% semi-ann. street improvement bonds sched¬ uled for a vote on Jan. 28, have been sold subject to the election. Due on Dec. 31 in 1943 and 1944. Sold will Co.—Final Stegps In JMerger— West Suburban Hospital A — comnany's cash position, 'directors best interests of the-shareholders deferring the payment of Dividend No. 3 until the- consideration to the giving have reached the conclusion that the to (P. O. Oroville), Eudora, Ark. . Bonds Thermalito / Lockheed.Aircraft,Corp..in V. 155, p. 158.—V. 154, p. 1385. BOND PROPOSALS AND • Total close STATE ARKANSAS 153, 1' s/'V;'--i/v/--.: "i Vega Airplane See S. Knudsen, Director General, special assistant to William as stock of Louisiana Ice & Electric Co., Inc.—V. ■i'.'j- V' '• ■'■;,.; » -1: .4' ,//, ./■■' of the War Products Committee, succeeds Tompkins who has been called to Wash¬ Committee. Products War common, 1006. p. Jr., President • and Chairman, .following the regular monthly meeting of the Board of Directors on Jan.-8'« announced the following organization changes and appointments designed to speed up the company's contribution to the war .effort,. *• „ - 'v., ' / Three vice-presidents were among those receiving important new assignments. Herbert E. Smith was made Vice-Chairman of the Executive Committee. Harry E. Humphreys, Jr., was named Chairman of the Finance Committee, and also a member of the War Products Committee. Thomas J. Needham was appointed Chairman of the Davis, B. F, of shares since 1925. Title as & in turned never cannot be found. It is quite However, the Chicago Trust trustee Co. release the mortgage until it has in its pos¬ session .all of the bonds and cou¬ pons ally, Mount in its capacity cannot paid and canceled. Natur¬ the new bonds cannot be a former mortgage Still blocked until the deal seems approved by the City Council on Dec. 15, has been sold. Normal, III. Bonds Sold—The $100,000 to purchase demnity bond but this in the and ings thus cancel most which would the refinancing. of the sav¬ be gained by and a. as court order entered obtained clearing the title.1 All possibilities 2%s, at mentioned par. Due Nov: 1 as water in—v; Interest - 1942 to 1949 incl.; $3,000 to from 1950 $5,000 from 1963 1971 incl. St. Clair County No. 189 . M-N. follows: $2,000 from to 1962 incl. and There is a possi¬ bility that a suit could be into bonds can 155, p. 93—w«re sold to C. E. It would Bohlander & Co. of Bloomington, an in¬ would cost neighborhood of $3,000 possible revenue mortgage be released in some way. be of $20,000 municipal airport revenue bonds, sold with existing., So the whole Vernon, III. Bonds Sold—An issue Bids with School District (P. O. East St. Louis), 111. —In connection the offering on Jan.. 8. of 196 THE COMMERCIAL & FINANCIAL CHRONICLE $200,000 not to exceed 2%% building bonds—v. 154, p. 1734— S. KANSAS \ Moore, Secretary of the Board of Education, reports that bids were returned opened and the sale postponed indefinitely. , Sold—A $25,000 issue of Bonds bonds airport of Bank the Skokie, III. National First the to sold recently was Bank, and both of Commerce, jointly, as Is at par. Denom. $1,000. Dated Nov. 1, 1941. Due $5,000 in 1943 to 1947 incl. Chanute, Bond Sale Contract—M. B. Vick & Co. of Chicago have contracted purchase an issue of $150,000 refunding bonds, according to report to Need ham, Mass. - Note Chanute, Kan. Sale Deposit & Trust awarded was The — Co.4 of Jan. 9 on •' Boston Safe Pay Salaries isSue of A ' $245,656 To School MINNESOTA In Back St. Martin, Minn. Teachers— decision awarding $245,656.76 to school teachers was Second National Norfolk County R. Bank of Trust National Co., Bank Boston...... Needham.. of Woburn 0.347% taxpayers, by Joseph will Jan. Clerk of p.m., Rausch, on the Board of Supervisors, for the purchase of $25,000 coupon road and ^bridge Denom. contending 0.37 0.42 . bonds. construction $1,000. Dated Feb. 1, 1, as follows: $1,000-in 1943 to 1947, and $2,000 the schools. 0.37 Day & Co... Needham National Bank 15, 1 that the city failed to provide suf¬ ficient funds for the support of 0.36 Boston... L. " 1 Bond Offering—Sealed bids be received until $200,000 notes at 0.34% discount, back pay plus a premium of $7. Due Nov. made iri Middlesex Superior Court 16, 1942. Other bids: on Dec. - 20, by Judge John E. Bidder— Swift on a petition brought ; Discount by Merchants MASSACHUSETTS Woburn, Mass. Must Boston an Tuesday, January 13, 1942 in , 1942. Due 1948 Feb. on to 1957. Bidder to name " ""V ;r . Bonded Debt Lowest Since 1919 bonded debt school the of Reviewed Finances Indianapolis School City, Ind. —The Plymouth County (P. O.^ Plymouth), Mass. Boston, Mass. INDIANA — End-of- the-year figures are good but not complete indices of Boston's fi¬ nancial position, says the Boston "Municipal Letter,": a bulletin published monthly by the Com¬ mittee on Municipal Finance of Note Offering—Avis County sealed Treasurer, bids until E. will 11 T* The sum, according to an Asso¬ ciated Press dispatch from Cam¬ bridge, represents a total sliced off Ewell, Jan. on ment to be - Place of pay¬ designated by the cessful bidder in his bid. the teachers' income for foqr years by Mayor William E. Kane's bud¬ receive a.m. the rate of interest; are requested to provided by suc¬ Bidders the bid form use townT No bids the for less than par - will be con¬ In making his de¬ the purchase at discount get activities. cision, Judge Swift set forth that sidered; and all bids must be un¬ $300,000 anticipation notes. the figures owed the school em¬ conditional, except as to legality, Dated Jan. 13, 1942. Denom. $25,ployes were deficiencies nesessary which may be made conditional the Boston Chamber of Com¬ 000. Due Nov. 20, 1942. Payable upon the legal opinion of Flet¬ at the Second National Bank of for the support of the schools. merce. We expect that those for debtedness of cher, Dorsey, Barker, Colman & $7,561,000 which Boston. The notes were author¬ He ordered the mayor, the city 1941, when they are finally de¬ Barber of Minneapolis, whose represents a steady decline, with ized by vote of the termined in January, will show a County Com¬ council and the city treasurer io the exception of one year, from opinion as to legality must be ac¬ continuation of the improvement missioners on Jan. 13 and have provide for borrowing the money the peak of $12,124,000 in 1924. cepted by the successful bidder. of previous years, the letter con¬ the legal opinion of Ropes, Gray, to meet the discrepancies plus an These In 1936 a building program in¬ attorneys have approved tinues. Based upon figures now Best, Coolidge & Rugg of Boston, additional $25,000 of the total as all proceedings up to the "sale. terrupted the downward trend, and the certificate of the above- provided by the statutes under available, the letter states that The blank bonds will be fur¬ but the decline was resumed in the following forecast is possible: mentioned bank. w^ich the taxpayers brought ac¬ nished and city is now since lowest the at point 1919, according to the an¬ nual report, recently issued, of A. B. Good, Business Director. The report shows a current in¬ dleton, City Clerk, will receive sealed bids until 3 p.m. on Jan. 29, for purchase of $75,000 not to ex¬ ceed 4y2% int. bonds of 1942. Denom. Jan. municipal airport Dated Feb. 1. 1942. $1,000. 1,# and Due $3,000 $2,000 July 1944 to 1958 incl. ..single rate Bidder to interest of on 1 from name for all erty and poll tax collections will be about 83.3% of the 1941 levy 31. Dec. on The comparable figure for 1949 was 79.5%. departmental revenues will show a strong gain over 1940 and obligations of the city, payable out of unlimited ad valo¬ lected all on therein. be to col¬ and taxable property Successful bidder to delivery cept levied jn computing the tax rate. last cheated of share month, the and income of bonds within nate, 15 days —. . be loss will not . corporation after the award. A certified check for $2,€00, payable to order of the city, must accompany each proposal. Legal opinion of Matson, Ross, in Cash city's this to off¬ sur¬ cumulative fund general first meet it refers in in A account. occurred ceeding term deficit 1931. the deficit In suc¬ income failed to years, as expenditures, it grew until $22.9 millions by the end was ?ierlr. ¥ commenced to J $10.5 millions, due largely to the use of funding loan proceeds and improvements in revenue Sale—The .$14,000 series; A collections. With 1941 surplus will again a refunding bonds offered Jan. | expected, the deficit 10—v. 155, p. 42—were awarded decrease, probably to a figure to Raffensperger, Hughes & Co. around $9.5 millions, This deficit of Indianapolis, as IV2S, at par, is financed by tax anticipation plus a premium of $152.90, equal notes. to 101.09, a basis of about 1.39%. Net Funded Debt—The figure Date.d Jan. 1, 1942, and due Dec. should be around $124.5 millions. 15, 1952. Other bids: One year ago it was $127.8 mil¬ Bidder— Int. Rate Prem. Kenneth S. Johnson, Indian¬ lions. The peak was $135.8 mil¬ apolis City ll/a% — Securities Corp., dianapolis Merchants John Harriman IV2 IV2 1% Bank, Muncie Co., Chicago. Ripley & Co., Inc., & Chicago 1933. Tunnel Traffic 15.00 provement 161.00\ result in 000 in Deficit toll — receipts Im¬ will deficit of about $180,- a compared Debt Reduced Mayor Thomas on S. Burgin com¬ city's financial con¬ dition, as follows: As of term the Dec. 31, bonded 206,500 than it is was stood at I ... , the at interest to date office. of with least $450,000 is indicated. In 1940 ma¬ it turity to be added thereon and in¬ cluded The in the award lowest be interest file on made lower than it bid. rate (P. O. Cambridge), The on the day of the City. at the A v. suc¬ to expense bidder Bond sale and will be furnished bids of our ter account in the reserve department for not been received Mass) 155, 42—were p. account Fenn & awarded composed Co., Inc., R. of 7— to Phelps, W. Press- prich & Co., Reynolds & Co. and the date fixed be New above, the sale will continued from day to day thereafter. Accepted—In Dec. construction 23 of ter will users be series A 1956 Sale—The $6,000 coupon equipment bonds cost State on Jan. 6—v. 155, purchased by the Savings Bank of to of offered for water 1942. This - construction now puts Detroit, go" policy department. as in you price during "pay the stand we of of chased water of in 1942, 1949-1955 bonds 1961 1.98%. the ! par 2y2s for of incl., and maturing incl. Net The bonds in 10 years. ' July 1. Bonds 1942, and — at Other now 75. tenders cluded $126,000. Back in 1935, outstanding tax title loans $572,000. Twice since then we No bonds by of the rowings figure on Gasoline vehicle licenses tax in during coming the policy of financing Special pur¬ of Planned—The re¬ received. the Democrat" in¬ part sinking ers outside offer of as (State of) Legislative St. of Jan. follows: of the Session Louis 4 Sixty-first General As¬ on page tabular a having our year's without for record of the State page 148. the has recorded tax liens. within capacity margin (or the debt limit) if security to to from interest bankers yield it is County, Allouez, Wise. time to outline 44 Angelina from program are mature serially on much 106.52 Co. 1363 1942-1951 6,500 109.61 2.14 1942-1961 90,000 1943-1947 4,000 ToT.oi Minn.__l3/4 ¥.95 Anoka 1944-1960 .17,000 100.17 1.73 Arnold, Neb. Ashwaubenon, Cons. S. D. 2, 58,000 Wise. 15.000 Aspermont, Tex. 1365 Aspinwall, Pa. find funds it for 1734 1474 1580 43 Belle this the world con-r they were in 1941, viz.—$1,096,000. . dl5,000 ; 1944-1960 r88,000 20,000 103.89 __2.20 f 1943-19162 110,000 100.33 1942-1955 7*28,000 100 _1 i_____33/4-4 ' City, 111. Plain. Belleville, 111 ______2 Bendix, N. J. N. Berlin. Big 1363 Bloomfield. Ohio____ H. 1474 44 1580 Troy, No. 1, Mich. Boston, Mass. (4 Tex.___ Oak Frac. S. Twp. S. D.. Pa Brookhaven, N. Y. (2 issues)Brownsville. Burchard, 1422 Burlington Co., N. J. Pa. 2.0P Tii 105.15 1.47 18.000 100.11 2.97 1943-1957 37,000 100.16 2.73 100.56 250,000 100.62 ¥.90 Too""'" 3~50 100.06 2.17 T00~ 22 ~1~55 .! 120,000 3Va and r7,000 i D. ___l%-3 issues)__. 2-2'/2 Brighton 1363 1535 ' Royal Twps. 2V4 _1.60 1942-1965 1 rd545,000 1942-1971 1944-1966 1942-1951 925,000 1.82 * 45.000 42.204 1943-1961 30.000 100 __3 1961 rd7,600 100 3.00 issues) __1 1942-1951 260.000 100.37 0.93 1943-1982. 117 349 100 R1 1.70 1943-1949 rl4,000 100.80 2.83 __2y4 Neb. Pntler Clniintv. 100,000 ~100.3 4 90,000 i 1 1477 ii77 "12,000 __2V4 Pa. County, Tex. Wells Ind. S. D., ~2T7 1944-1951 _23/4 Bexar 1640 8. D., 1.04 3.96 1942-1950 2.40 Rural Bethlehem, r 1942-1946 .1942-1961 2 ___. 102.05 Too" 01 7,000 , Minn. Benton 1424 i ,_2J/a Twp. S. D., Pa.n 1365 at 60.000 1943-1950 _2.;. i Beecher of 24,000 1946-1957 > 1533 Iowa 1942-1956 AV* Barrett definite financial as 4 Ballinger, Tex. Ballston, Spa, N. Y._______ 1366 Basis 2J/4 1363 for the year 1942, due to as 101.08 .70,000 _4 Tex. 1581 ma- ditions, I do not anticipate that dated Jan. 1, our borrowings for all purposes will be Price $85,000 Ohio 1675 impossible the uncertainty of Amount AVi-IVa __ County, Anna, of Dec. we provide a Ind. ' 1735 Southfield re- Maturity 1943-1959 Alfred I. duPont Sch. Dis., Del Ayden, N. C. permanent construction. While Rate __l3/4 Adams 41 1476 which should give us a feeling necessary Name 41 Atlantic. as This figure does not include financing. Page No. 1578 31, 1941, amounted to $609,197.94, financial $957,754,499. borrowing for period January 10, $131,064,000 Philadelphia, Pa., bond exchange operation or the sale last July of an issue of $135,000,000 State of Pennsylvania 1V2% tax anticipation notes, this operation having been treated as tem¬ 1640 borrowing Municipal bond Sales for the month totaled $60,287,387 and the output entire year was 1424 city the which upon uncollected on and the any raised be to loans legalized in- 197) A review of the operations in that and for the calendar year 1941 appeared in our issue of on collections, tax borrowings The in Democratic lead-, sembly have been conferring continued issues sold in December. 1640 taxes "Globe reported Municipal Bond Sales ln December —-t Following is porary through through and Missis¬ this type of loan and I that money the MISSOURI Missouri $10,785.75 at 93. year, we should be able to pay off all outstanding tax title loans and the 13 by collected a ten¬ were tenders an producer levies sippi are • (Collected by the Motor — at of certificates fund at 75 and than agent, Vehicle Commission. $4,000, were , $10,500 at had - motor more $1,218.75 sinking fund, funding Massachusetts 1579 p. purchased and special on refunding that were 74.83, dered by Our tax title loans to the Com¬ monwealth of reports certificates us on a 0-50% to 2%, according to McGregor, as 4s at par, according to the Township Clerk. Due price of a 1944, 21/4s of 1945-1948 for of) Up the most important was revenue connec¬ Matthew Carey,, refunding By using $75,000 of the reserve account for construction purposes, I do not anticipate any borrowings 1940, refunding Commission, wa¬ put into effect. 1475 2s 1.90s offered for sale r:rst and incl., Township (P. O. McGregor), Iowa 42—were maturing 1943 Mendon fire York, at 3y4s ;■ IOWA p, Collections $1,906,907 in tion with the call for tenders wa¬ substantial rate reduction for on Harvey Fisk & Sons, Inc., all of Bond Tenders work, and it is anticipated that bonds and interest during the coming year another certificates—v. 154, term Sale—The $266,000 series housing bonds offered Jan. an of In the event satisfactory have Semi-ann. Tax St. Clair Shores, Mich. in 1935. During was the past year, we have authorized' the use of a substantial amount general receipts and certain long- Cambridge Housing Authority the on cessful the Bond Offering—The city is ex¬ Collec¬ represents a decrease of pected to receive bids on Jan. 29 tions of the Mississippi Tax Com¬ 14V2%. Our water debt is in¬ for the purchase of an issue of mission in 1941 amounted to $18,— cluded in this reduction just re¬ 348,168, an increase of $1,174,929 ferred to, and it is gratifying to $28,994,000 refunding bonds hav^ over 1940, according to a report note that on Dec. 31, 1941, the ing an average maturity of 15 by Alf. II. Stone, Chairman. The water debt stood at only $175,000 years.—v. 155, p. 146. sales tax, with collections of $8,which is approximately 50% 892,757, or program $418,000. was face value thereof. will opinion of Matson, Ross, McCord & Ice, of Indianapolis, approving the legality of the warrants will be Mississippi (State . Clerk-Treasurer's Accrued MISSISSIPPI Detroit, Mich. This $305,000 for tut 1940. These figures are before have the slate clear with„no an¬ Warrant Offering Joseph J., deducting the State reimburse- ticipated borrowings on this type Frey, City Clerk-Treasurer, will men^s which were $100,000 in of loan. Our tax collections have receive sealed bids until noon on 11941 and $50)00o jn 1940. Taking Jan. 22 for the purchase of $60,000 a net 1941 figure of $80,000, the steadily improved and with gen¬ not to exceed 5% interest tempor¬ eral conditions so much better tunnel can be said to be 94% selfary loan warrants. Dated Jan. 22, In 1937 it was 64%. than they were before, I feel that 1942. Denom. $1,000. Due $30,000 supporting. we should be able to again adopt July 1, and Dec. 30, 1942. Payable Water Service—A surplus of at Vincennes, Ind. MICHIGAN $4,- $714,000 lower June 30, 1935, became mayor. on after shortly; 1941, the long- debt which on during the pro¬ These bonds were authorized at ceedings that the teachers received an election held Dec. 6, 1941. En¬ no pay during the final weeks of close a certified check for $1,000, the past four school years because payable to the Town Treasurer. of slashes in the (This notice supplements the budget recom¬ original offering notice—v. 154, mended by the mayor. p. 1735.) 1\>A% Since 1935—In his annual address to the City Council on Jan. ,5 mented Delivery revealed was have reduced to nothing our bor¬ 129.00 231.00 134 • in lions In¬ ...... Nat'l Nuveen $150.60 Bonded It ' ex¬ was expense.,- Muncie, Ind. Bond But sufficient Deficit—This the to McCord & Ice of Indianapolis will, be- furnished the successful bidder at the below are pected. such at city's gains. A substantial the general fund is the set plus As in- ac¬ bank in the city as he shall desig¬ Quincy, Mass. should exceed the estimates used bonds, expressed in a mul-j taxes from the State tiple of y4 of 1%. The bonds will estimates by ;$678,0.00. direct Motor vehicle excise tax collections and of the taxes paid for by the town. or about Feb. 1. tion. Bond Offering—C. Darwin Mid- rem , General Fund Revenues—Prop¬ Kokomo, Ind. be for / 1937. a 20, of (2 Oblr) Campbell City S. D., Ohio 3 2.25 : THE COMMERCIAL & FINANCIAL CHRONICLE Number 4032 Volume 155 1581 1366 1735 42 Cedar Grove 1534 Charles Tex. 23,000 100.13 6,000 100.46 100 29,000 1365 1637 Clay County S. D. No. 12, Neb 1476 1943-1947 19,600 rl,200,000 r4,440,000 5,000 1942-1959 1944-1963 ,1951 2.25 Cooke County, Tex. ____—______3 . D. 1, Mont. Dawson Co. S. 1735 2.00 20,000 100.01 3.65 Too Too"" 100 2.98 100.53 1.83 1942-1951 1962 61,000 rd41,000 1943-1961 25,000 1942-1951 1.22 3.36 ' Too". 07 39,800 1955 100.19 100.29 . 7*68,000 1.49 102.50 ; r4,071 1736 100 2.00 (2150,500 100 2.00 1943-1960 7-(2460,000 Gardiner Water Dist., 1579 Garfield Co, H. S. Dist., Mont.-_-2% Garrett County, Md. ____________ 100,000 1945-1948 -r400,000 100.47 rlOO.OOO 102.54 1.13 100.10 Me. r36,428 - T 1958 40,000 Grangeville, Idaho Granite Palls, N. C. 1581 Greenfield Twp., Pa. 1533 Greensburg, Ind. Greensburg, Pa. 1675 _— To~o~36 ¥.80 35,000 1944-1966 100.01 4.22 7-9,500 1947-1951 __________——114 1945-1962 Too To~o~"~ 100.06 1.24 1'/2 44 Groveton Ind. 44 1536 Grundy County, Tenn. 1364 Guilford County, N. C. 30,000 60,000 100.86 7*32,000 100 4.00 1942-1957 8,000 100 4.00 50,000 1953-1957 135,000 "100.12 T.74 1942-1946 10,000 100.11 1.71 1943-1953 100.83 2.40 1950-1952 3,000 28,500 100 2.00 17, N. Y.____2Va 1943-1970 40,000 100.62 2.44 ________1%' 1580 Hempstead Un. S. D. 1536 43 Hickory, N. C. 1364 Hickory, N. C. —— — 3 100.30 1.97 100.13 2.22 1943-1947 1942-1961 20,000 1957 7*<2526,000 -1942-1951 r28,000 1944-1955 Minn. Kiester, —214 2 — 1475 Lamberton, — 41 1675 1582 1639 1733 1674 1674 1477 1579 1579 1674 1366 1361 1637 1579 44 1475 1578 1734 1674 Y. — 2.99 1943-1952 1637 1476 1424 1473 1423 1734 10 years 100.00 3.00 100 rdlO.OOO 1942-1957 4.00 114 -4 1950-1960 v '1951 1942-1951 * ' '' ¥"55 3.00 100 fo n 10,000 'r: 1942-1951 1 100.12 1.98 * n 100.22 —3?4... —™_— 2%-314 Neb. 1943-1971 100.33 100 4.00 1946-1950 50,000 1942-1946 10,000 53,000 550,000 1577 Starkville, Sterling - 100.95 1.36 ~1~64 100.33 1.93 100.16 2.23 publican Governor would be nec¬ essary for the success of a special session. ? 1.07 of the 9,000 1943-1960 191,000 101.77 1943-1966 r48,000 1946-1965 713,850 100 2.50 ruary 1942-1952 5,500 100 2.00 back 1958 10,000 100 6.00 1943-1952 13,000 100.45 1.93 60,000 100.85 1.34 of), Conn. (2 ____. Miss. __._2 Sub-Dist. 10 of Curb Storm Sewer Dist. 1, Colo Steubenville, 41 43 6 Suffern, N. Y. Ohio 2 Sully Co., S. Dak. 1673 Sumter 1675 N. Y. (2 1948-1955 716,500 ,_____2.20 Sunnyside, Wash. Surry County, N. C. ! Dist. 194.2-1951 1.90 1675 Co. ; Z-IV2 Suffolk County, 1946-1956 7450.000 1946-1961 time 3.39 44 Temple, Tenaha, 2.15 situation. "" 100 7396,000 103 3.55 1958-1960 7d28,ooo ;■> 100 3.25 1952-1959 775,000 100.01 2.74 1943-1947 70,000 100.16 1.36 31/4-3y2 1942-1966 (£490,000 1942-1951 50,000 T0T.30 ¥.01 tion with the sale of the $8,300,000 2V2, 3 and 3J/2% electric revenue (W e s t e r n Nebraska Division) semi-ann. bonds to a syndicate headed by John Nuveen & Co., and A. C. Allyn & Co., both of Chicago—v. 155, p. 147—the fol¬ lowing additional information is ___1.40 : Consumers Bond (State of) (5 iss.)_iy2-3 1950-1957 1,522,000 Too.io T.60 Tennessee (State of) (5 iss.)_2y2-3y2 1950-1954 7659,500 Tennessee 1% 1951 300,000 To"o~.45 T.70 ,_2y4 1946-1950 22,000 100.85 2.12 6,000 100.58 * (State of) Ohio 1581 Toledo, 1424 1636 Tonk Valley Com. S. D. 5, Tex Toulon, 111 1424 Travis County, Trenton, 3% 2 Tex/"—. Remsen, D. 1, N. 1733 Troy, 1735 2.00 100 2.20 &c., Y Tulsa County, Okla. 1942-1951 T 1943-1956 7d475,000 21,000 3»/4 ___ 2%-3 ; iy2-4 1945-1962 ____l'/2-2y4 1945-1952 Tulsa, Okla. 1577 Union County, 1533 Union 1536 Valley Springs Ind. S. D., S. Dak (10 issues) Fla. 1943-1946': _______4 County, 111. ___: 1637 Valley Co. S. D. 1. Mont. 1.17 100.71 ____ Too"! 01 "l"94 560,000 v 761,633 1943-1953 1943-1947 V •• -!'•« \ '■ 7 u ■ • i ' 1607 West Allis, 1674 West Milford Twp. 1640 Wheeler Ind. S. D., Tex Wicomico County, Md. 100.16 1% 23/4 f 2.20 2.54 20,000 100 20,000 1942-1961 1.63 7O~0~33 2.71 TO~0~36 7.21 135,000 __4y4 1964-1971 dl 70,000 1640 Williamson Hous. Auth., W. Va._2-23/4 1942-1958 (£49,000 100 Wilmington, N. C. Wilson, Pa. 1 */4-3 1945-1961 177,000 100.05 1639 ___2 1944-1957 728,000 V 101.18 1.85 1581 Winchester, —_______3 1943-1962 101.10 2.88 Winnebago, Neb. Wood-Ridge, N. J. (2 issues) ______3 70,000 "lOO.li ~2~99 277,000 100.45 1.16 (£50,000 100.08 2.41 20,000 2.65 2.33 (3 issues) ___l'/4 1942-1951 bonds. 000 separate 328 covering 1962 (253 municipalities ___fc$60,287,387 issues) k Not including $62,259,357 temporary loans or funds obtained by States municipalities from agencies of the Federal Government, r Refunding bonds. 2.95 T00~5O 3~16 Following issues included r<27,000 7(258,000 1943-1952 1943-1962 10,000 7(2330,000 1946-1970 21,500 42 1942-1953 1366 Medina Co. Rd. D. 1, Tex. 1944-1954 712,000 (220,000 102.50 1579 Mountain 1943-1952 72,555,000 100.15 1.77 1534 South Haven, 1943-1962 1,385,000 60,600 100.13 1.89 1473 Yuma, Ariz. 10 years 1956-1959 725,000 1942-1949 4,000 130,000 10,000 70,000 1942-1966 1944-1953 1943-1961 3.00 100 We Mich. (Sept.) 1.34 3 r85,000 (Sept.) 53,000 (Nov.) 900,000 have also learned of the following additional sales which 100 3.25 Arlington, S. Dak. 3 Codington Co., S, Dak.__________iy2 1639 Coquille, Ore. 2 1637 Custer Co. S. D. 63, Mont. (Mar.) 1474 Dearborn Twp. S. D. 7, Mich. (Oct.) 0.75-1 1366 Geddes Ind. S. D., S. Dak 2% 1944-1958 $30,000 Name 1735 1943-1962 7(2864,000 100 —— 100 22,000 Gotebo S. 1735 TO~0.17 2.96 104.03 1.86 100 3.00 D., Okla. Toe""" Too 101.10 1.44 100.22 1.96 "100.17 T48 10,000 3.00 100 2-214 —134 1943-1947 (225,000 7(2199,000 1944-1961 Too"" 1947-1953 (218,000 765,000 100.28 —-214 1945-1954 10,000 101 Mich. 14 Paulina, Iowa — Pennsauken Twp., N. J. — Phillipsburg, Mont. 2% Phoenix, Ariz. (3 issues)———2 Pinellas County, Fla. .—214-314 Pleasant Township, 111. Port of Cascade Locks, Ore—214-3 1944-1952 24,125 100.02 Orchard Lake, Mich 100.27 1946-1951 To"o""~ 7.00 185,000 100.04 0.91 r23,000 1947 1943-1953 1943-1962 100.76 2.63 2.05 15,000 - ; rdl2,000 100 76o r<£12,000 100 3.00 8,000 100.31 3,000 6 years 1942-1969 100.05 1.94 100.40 7*64,000 ,1943-1950 : 7.12 1954 6,000 100.22 1942-1946 90,000 100.33 1942-1956 7*40,000 (£8,000 100.02 1945-1948 102.50 7.31 1943-1948 £13,900 101.09 1.92 1.15 1.74 Mich. — Neb. 42 Osakis, Minn. — 1475 Owosso, 1419 1674' 1579 1577 1635 1474 44 1422 Proctor, Minn. 1942-1940 1943-1957 1951-1952 1942-1971 — —-314 —1A 1944-1952 source; or in part in approximately equal per¬ centages of each maturity out¬ standing (giving due effect to any bonds which may have been pur¬ chased from the same funds prior to the date of call) from the pro¬ cash of sale or other im¬ mediate and total disposal of any part of the properties; (2) on any interest payment date in part, in inverse order of maturity and by lot within a maturity. As to bonds maturing on 1971: if redeemed fore 103 Jan. 1, or prior to Jan. 1, or be¬ 102y2 1947; on if re¬ ing Jan. 1, 1952; 102 if redeemed 116,663. thereafter Too""" Too 100 * 100 Too 3.97 .*. v: * ^ : Name * '*: " Rate Antigonish, N. S. __— 4 Canada (Dominion of)— 61 Canada (Dominion of) ___—,—; Page No. 61 Maturity 1942-1949 Amount Price Basis $7,000 101.81 3.56 *45,000,000 0.54 *45,000,000 1736 0.54 1675 1942-1951 37,007 101.33 2.75 1942-1951 15,000 102.64 2:75 1942-1955 75J274 100.78 2.50 Kingston, Ont. _________ ____3 Kingston, Out. ____—3V4 1736 Ottawa, Ont. __________ _2y4-3 1736 Timmlns, Ont. — ——4 .. 2.40 2.46 1942-195L 25,000 JQ0.8L 2.18 1942-1951 40,000 100.20 1.21 Total long-term 16,234 Canadian debentures sold in De¬ cember *, ♦Temporary loan; not included in total for month. $353.423 to and including Jan. 1, 1957; 101 % if redeemed there¬ 1675 Too""" 100.02 45,000 7100,000 whole from funds any including temporary or RFC and PWA loans) for that month $73,- 100.02 1953-1961 a 1.46 737.800 —214 24 — for Novem¬ as from 2.35 . 75,000 251,000 are DEBENTURES SOLD BY CANADIAN MUNICIPALITIES IN DECEMBER 100 time: deemed thereafter to and includr 20,000 1948-1962 - 1476 Raleigh, N. C. 61 Rawlins, Wyo. 1638 Ravena, N. Y. 30,000 (213,265 7139,000 7300,000 (unless otherwise noted) electric revenue Jan. 1; $152;? on These additional November issues will make the total sales (not ber. 8,000 1362 Raceland, Ky. ——*— 1476 Raleigh, N. C. All of the above sales Due in derived ceeds r<£8,000 1943-1954 2 1V2 (Sept.) ____3-3y4 1365 Rockwood S. D. 27, Ore. (Oct.)—1% 1362 Vinton, Iowa ________iy4 1534 Waterford Twp. S. D. 8, Mich.__l-3 > 1536 West Brownsville, Fa. _______—_3 :.. 44 Wheeler Co. S. D., Ore. (2 iss.)__2y4 J. Matawan, 3.00 1943-1954 . N. 1364 1637 19,920 10 years Platte, Neb. _—214 1735 Nyssa, Ore. 1580 Oneida, N. Y. -_-^__-__114 " 100 Basis 12,000 1944-1958 Hyde Co. Com. S. D. 16, S. Dak.__3 1536 Kadoka Indep. S. D., S. Dak 3 43 Lane Co. Un. High Sch. D. 4, Ore. 1423 (Aug.) 10,000 rl80,000 6,000 Price 1; $131,- Callable on and after July 1, 1942, on 30 days' notice, at the following scale of prices, (1) at any occurred in previous months: 44 1.97 7(2160,000 21,000 Iron. Minn. 100,000 Amount 100.11 1942-1961 1.38 (Aug.)_2y2 Maturity 25,000 463,000 Basis 111.58 Rate 1943-1952 1946-1966 Price 100.10 Page No. 1.13 1943-1954 Amount r$247,000 Maturity 1.40 100.20 4.67 13,750 15,000,000* months 65,000 Rate 1.72 106.43 1942-1981 v (Nov.) Huntington Co., Ind. (Nov.)—___3 1.74 Too! 2 8 1943-1964 Page No. Name 1580 Gloversville, N. Y. 2.16 8,000 77,850 55,000 26,000 previous 100.01 11,000 50,000 for Tools 746,000 '* sales our should be eliminated from sales. 100.51 1943-1950 1943-1945 in revenue Jan. on 1953, $157,000 in 1954, $162,000 in 1955, $168,000 W 1956, $173,000 in 1957, $180,,000 in 1958, $186,000 in 1959, $193,000 in I960, $200,000 in 1961, $207,000 in 1962, $214,000 in 1963, $222,000 in 1964, $229,000 in 1965, $237,000 in 1966, $245,000 in 1967, $253,000 in 1968, $262,000 in 1969, $271,000 in 1970, $281,000 in 1971, and $3,000,000 in 1972. - Optional, 1942-1958 1944-1954 1422 North 6,992,000 3V2% 10,500 Young Co. Comm's Pet. 3, Tex.2y4-2y2 Due 000 in 1948, $135,000, 1949, $139,000, 1950, $143,000, 1951, and $148,000 in 1952. Inter¬ est payable J-J. •' 720,000 1952-1955 1942-1970 . _ revenue electric 3% bonds. ___2y4 Ohio electric Due 696,000 300,000 S. D., N. J. as 3.00 100.70 1943-1951 Wise. divided on Jan. 1; $117,1943, $120,000, 1944, $122,000, 1945, $125,000, 1946, and $128,000 in 1947. Interest payable J-J. ' 2,000,000 1943-1953 are in 000 ¥06 100.05 1943-1982 3 Wayne Twp. Sch. Twp., Ind , 2y2% bonds. * Too""" 5,000 fc connec¬ , $612,000 ______ 10,000 Vs' Details—In follows: 1.80 ' * __2y4 Md. 2.50-2.60 1734 ; 7*11,000 1943-1953 District " 105 ; 7104,000 l>/2 Sale The above bonds 46,500 __2 Power furnished. now 1.90 3,833,000 - 2>/4 1735 Volga, S. Dak. _•____; 1581 Warren Twp., Ohio 1578 Washington Sub. San. Dist., 100.18 57,000 1.20 Tucumcari, N. Mex. 1639 25,000 733,000 2.20 Deerfield, 100 1943-1956 Public (P. O. Columbus), Neb. 14,500 _____________ Tennessee 2.75 100.21 A 1942-1954 r<252 4,000 7*15,000 ! - 3y4 1424 d ' NEBRASKA 1366 Ala. elaborate 2y4 Tex. S. rather a 2% ' Tex. 44 and of based primarily on de¬ velopments arising out of the war & Teaneck Twp., N. J. Tell City, Ind. (2 issues) Cent. in program, 1.90 100.42 Feb¬ the lawmakers Jefferson City for con¬ find will sideration 100 the middle of around dl93,000 issues) —2-2% Spec. Rd. & Bridge Fla. (2 issues) ____4 6, 1.30 98.50 & Stratford, Conn. 1736 are opinion that the Governor will eventually act and that some i>/2 (Town issues) 1734 chieftains Democratic The 712,000 Stamps Spec. S. D., Ark. ________3y4 Starkville, Miss. _2y2 1535 in Too! 3 3 8,500 1942-1951 majority both Houses and the co-operation of their leadership with the Re¬ ™ 1943-1950 1363 North Platte, - 1 -49 100.55 1943-1949 Ohio — 3 New Castle Spec. S. D., Del— 214 New England, N. Dak _— —3 Newton County, Miss. 314 New York Mill, Minn, 3 New York (State of) _ 114 Niagara Falls, N. Y. (2 issues)—2 Nixon Ind. S. D., Tex. — Nogales, Ariz. —-————314 Norman S. D. 4, N. Dak—. 3 North Muskegon City Sch. Dist., — 100.10 The Democrats comfortable a 100,000 1.44 7*16,971 1943-1950 3-314 — S. D., Pa 100,000 Total bond sales for December 133,380 Mayfield Village S. D., Ohio 23A Mcintosh, S. Dak. _3 McLean Co. Educ. Corp., Ky _33/4 Mentor, Ohio (2 issues) 314 Miami, Ariz. ——— 3 Middletown, 111. ——4 Milbridge, Me. 214 Milton S. D„ Pa. ——214 Minneapolis, Minn. __1.80 Minneapolis, Minn. (6 issues) 1.90 Moline, 111. 214 Montague Co., Texas. 3% Monterey Co., Calif 13/* Moss Point, Miss. 3-2 Morningside, Minn. — -1% Motley Co., Tex. 314 Mountain Iron, Minn. .— Munster Sch. Town, Ind. 114 Nashwauk Minn. w——6 Natchitoches, La. 2 1953-1957 1;66 150,000 1943-1941 1.95 1943-1962 1578.Worcester, Mass; 120,500 38,475 >*?' have 100.41 1638 ¥.49 TO~2~.27 rl9,500 fZ 2.94 r5,000 1580 T00"02 25,000 1961 der consideration. 100.28 1946-1955 Stamford 1578 448,000 1945-1949 2.00 1943-1952 1 1581 10,000 100,000 1477 New Boston, 1674 •:■■■» ¥99 ——_— Tex. .• 10,000 ' 100 1942-1960 1943-1962 issues) 1423 Watertown, S.'Dak. Too"" 7*58,807 1943-1967 1.56 2 1943-1951 (State 1.74 100.09 ___2 of) _______2 Vi Carolina 100.10 34,321 25,000 10,000 > has Donnell commented publicly, on his plans, it is known that he has a tentative legislative program un¬ 100.11 1,000 Governor While ;_^_3 (2 100.04 -2 1675 Neshannock Twp. 1364 101.48 1957 To~o"04 —-—214 Maple Heights S. D., Ohio Ohio 1607 Nederland, 41 16,000 > Marietta, 1535 Nebraska City, 1638 12,000 2.34 (225,000 County, Tenn. —_——2 1423 Martin, Tenn. 1734 2.07 101.50 r(219,500 Loyalton Ind. S. D., S. Dak _3 Madison Co. Community Con. S. >« D. 152, 111. —___—_______2% N. 1639 1.74 100.02 1942-1957 -_-.__l.70 Malone, N. Y. 1364 Mamaroneck Un. Free S. D. No. 1, 1581 100.08 400,000 1942-1957 1675 1735 118,500 1942-1966 — Madison ^ 1943-1952 — 1473 Little Rock, Ark 1640 - 2.70 7*35,000 Linden, N. J. (2 issues) Litchfield, 111. 1578 'U~'. 3 Minn. 1475 ' > —3 —3 Lakeside S. D. No. 9, Ark. Lakeside S. D. No. 9, Ark Lawrence, Neb. 100 4 1577 1579 3.54 103.00 30,000- 7*5,000 Lafayette, La. —_—: —314-4 1579 Lake Carrier Con. S. D„ Miss 314 1640 Lavaca County, Tex. 3.55 100.51 ; 1943-1961 1942-1946 go so far as ta possibility of an in¬ may the in State taxes. crease not 8,434 38,000 V* 1% Southington Twp. S. D., Ohio __21/2 Sparta S. D. 14, 111. ___5 Springfield Twp. S. D., Pa. ___lVe 1675 2.50 97.50 7*124,000 1944-1957 _Il % :^_1.60 South 1474 ¥.00 100 7*148,000 - r Ir. D. 12, Wash.— 42 1577 1948-1957 1952-1953 2-3 Miss. 1577 King City, Calif 1607 King Co. Dr. & Too""" and Rd —, 4 ._______314-314 ' 1475 Irvington, N. J. . 2% 43 Jackson, Miss. (3 issues) ;____1% _____ 1955 which and 2.64 ___5 future to consider prob¬ near involve 2.64 100.54 1364 7*25,000 Bridge Dist. No. 4, Fla. 1637 1.97 214 1635 1363 Jackson County, 1.97 100.30 <217,000 40,000 -3 Humboldt, Tenn. Huntington, W. Va. Idaho (State of) 1673 Indian River Co. Spec. 1736 1579 Ironton, Mo. 100.07 1943-1959 Ore. 44 6,142 50,000 1960-1961 ___214 Holliday Ind. S. D., Tex. —13A 1675 Hillsboro, 44 50,000 1942-1946 1944-1958 —2 2 _2 Herkimer, N. Y. 100.54 7289,000 9,300 44 101.04 114 Henry County, Tenn. 1364 230,000 1942-1951 1735 1364 Miss. ——1% 1536 Harrisburg, S Dak __— 214 1534 Harrison County, Iowa _______—2 1534 Gulfport, 1942-1951 1581 1.35 1948-1969 4 Groveton Ind. S. D., Tex. 1944-1950 4 S. D., Tex. —_____23/4 1476 69,000 ______4 4 3.50 1474 1736 43 70,000 1943-1958 —23/4-3 4-414 — Greenfield, Wise. 102.50 City, Iowa ——__,_______lI/2 Sioux City, Iowa iy2 Skagit Co. S. D. 18, Wash Somerville, Mass. 1% Somerville, Mass. _—U_2 2.20 48,000 ______ 61 100.59; 75,000 - 4.00 7223,000 to call session in necessary legislative lems which have been created by Americ&'s entrance into the war 2.60 ____________23/4 Sioux 1.16 1942-1946 Gary, Ind. ________—____——214 1639 Glenwood Water Dist., Ore. 1581 2.09 100.02 1943-1961 1636 1673 2.97 102.17 , 45,000 1362 1534 r62,008 1945-1966 — 100 100.01 1943-1954 3V2-4 Selmer, Tenn. 1366 Seminole, Tex. 1636 Seymour, Ind. 61 Shullsburg Jt. S. D. 6, Wis 43 Sidney, N. Y. (2 issues) 1580 Silver City, N. Mex, 1039 Silver Lake, Ohio 1365 Silverton, Ore. 1674 120,000 (£115,000 rlOO.OOO 1.89 70,000 1640 1636 1948-1951 __—— (2 issues) Scranton S. D., Pa. Scranton S. D., Pa. 1636 2.23 101.35 728,900 1473 3.17 42 Fla. 44 the T6b". 26* 1942-1971 1475 TOT.75 1675 special 1942-1964 Tex.___4 Co., Calif.—__2V2-3 J,. Spec. Tax S. D. 1, \ind it nell will Co. 1475 29,500 7*600,000 1943-1952 1579 Sarasota 1361 1942-1961 1944-1958 41 ;__2 1477 1733 De Soto Co., Pla. 1361 Saline County, 111. _— 44 San Augustine Ind. S. D„ 44 12,000 —___ anticipation that Governor Don- 2.09 Bridge (2 100 2.17 44 103.50 30,000 30,000 100;13 1533 102.67 r266,000 100.07 28,000 120,000 9,500 1675 7100,000 Department (Continued from pajge 196) formally the last few weeks in 4.00 d850,000 1942-1951 1534 1962 ___2 V* 1952-1957 86,000 (4 issues) __l_3-3j/2 Douglas Co., Wise. ! ———3% Durant, Iowa —__i._^,_31/4 ' EastChester, N. Y. _______2.10 Ector Co., Tex. (2 issues). -2 El Dorado, Ark. —____2 El Dorado Spec. S. D. 15, Ark 2*/4 Elvins S. D., Mo ___2y8 Erie County, Pa. 114 Freeborn County, Minn. x ;_2 100 1943-1969 1 Depew, N. Y. ______________2.20 1579 De Soto Co., Miss. —2"/2 5,000 ' 1943-1957 1942-1955 1675 100 1419 r<£87,100 ______ 3.00 130,000 7*90,000 97,500 1.15 2,000,000 __— 100 101.21 , 1942-1960 1640 Crosby Co. Con. 2.00 r9,00fl State and City 1.55 979,000 1 2.99 1943-1965 r—l '/4 ,___j3.40 Rd D. 1, Tex.____3y4 1673 Daly City, Calif. _____________1'/a 1578 Danville, Ky. ______________^__2.40 Cranston, R. I, Crisfield, Md.' 1365 Basis 100.16 100.31 18,000 , , .. 1945-1947 1635 Corning S. D. No. 8, Ark. _______3 1366" Corpus Christi, Tex. (9 issues) .2^4-3 1364 Cranford Twp., N. J. ________-__1.90 1578 Fla. Price 53.800 issues) —____4 1734. Salem Sch. City, 111.' (2 issues) ._2-2»/4 43 Saline, N. Y. ____2lA 1580 Clymer, „ 1674 St. Joseph S. D., Mo. 1673 St Lucie Co. Spec. Rd. and 1577 San Mateo Harmony and French Creek S. D. No. 1;.JN. Y._______2 Conover, N. C. -—il _—:__33/4r3y2 1640 ' Tit*-45 100.17 1943-19 00 ' 2W \ "alii 103 1943-1960 —_2 1 »4 Cincinnati, Ohio Amount 1942-1946 Springs, Wyo. ^___ j_-_4 > 1424. RockwallK- Tex. 4 1361' Sacrarfiento County, Calif. __l_„2-2,/4 1473-^Safford, Ariz. Dist., (fl,000,000' 30 years W.' Va. 1423 Chauftcey, Ohio 1533 Chicago, 111. 1477 Charleston; t 1607 Rock 1942-1951 _________ Iowa _:._____.L_-__2 A City. 1.79 d20,000 r40,0Q0 8,404 — D„ Toojlo 1942-1946 N. ;J.________2V2 Twp., S. 100.16 75,000 34,000 1942-1958 1-A, Tex.__3 Cedar Palls, Iowa 1674 1424 Centerville 1946-1960 1942-1962 1640 Cass Co. Rd. Dlst. No; Name Rate Maturity *1943-1949. Rensselaer, N. Y. (4 issues) ______ 1.60 1942-1957 Co., N. Y, (2 issues)—2.10: 44 Roberts County, Tex. 1946-1955 3 1607 Robstown, Tex, 3.40-4 !/a 1419 Rock Island S# D. 41, Hf. 43 1580 Rensselaer 15,000 V 96,000 1943-1958 ---i —______1.80 Carter County, Tenn. N.» J, Cascade, Mont. 1363 Carteret, Page No. 140,000 1942-1956 2 Carroll County, Ohio -_v Basis Price Amount Maturity Page No. Name Rate Cannelton, Ind. ,— 1736 Carbon Co. S. D. 18, Wyo—_—.-2% 1636 197 after to and including Jan. 1, 1961; 101 if redeemed thereafter to and including Jan. 1, 1967; IOOV2 if redeemed thereafter and prior to July 1, 1970; payment of the without par premium, and . upon value thereof if redeemed 198 THE COMMERCIAL & FINANCIAL CHRONICLE thereafter to prior to maturity. bonds maturing 104 if redeemed on 1, Jan. more before Jan. or than The As 1972: Collector's $4,000,000, it was said. annual report there stated collected was- last Sinking Fund Cuts ments—The Sinking mission Jan. Require¬ Fund Com¬ the 89.78%. cluding Jan. 1, 1967; IOOV2 if re¬ deemed thereafter and prior to July 1, 1971; and upon payment of the par value thereof, without $366,504.63 of a of $448,764.94, or 81.67%. In 1940 there was $440,622.36 of the arrearage of $528,- which saved four five points in the tax tevy. premium, if redeemed thereafter prior to maturity. Prin. and int. payable at the Chemical Bank & Trust Co., New York; American National Bank & Trust Co., Chi¬ 262.25 Sinking Fund Commission 1957; if and redeemed there¬ including Jan. 1, year 102 if redeemed thereafter including Jan. 1, 1962; 101 cago, Bank, Omaha. 1 of Board that the Education Reduced $1,000,000 Ernest A. Reed, informed visor, Freeholders meeting the to 1917 return Approxi¬ During 1941— County Super¬ the Board of its \ organization at the with this with bal¬ year will these close reduction of a of total tained NEW HAMPSHIRE of Local done. was 50% or , ' , and /' Sinking Fund Commission is getting by with as little profit it did prior recent debt at the 3y4s, submitted by Edward L. Burton & Co. of Salt Lake City. for The as the be of $983,200 below the which $34,248,920 Jan. on showed 1941 1, 1941. ob¬ After de¬ Were the commission for its entire requirement, to 1940, the Sink¬ debt would be retired ing Fund faster than it will be at the pre- ent rate, it was said. The taxCity Commission, of which Mayor Murphy and Com¬ missioner Byrne are the Sinking pressed Fund to representatives, is give relief " seeking rather now later.. than . Plymouth), which be payable Shawmut at Bank the to will on be certified 16. | Notes as validity Storey, Thorndike, Dodge of Boston." Palmer ' ' notes offered Jan. 9 Bank of Ports¬ .rtrrr.. NEW JERSEY Must Offer Bonds city's $1,275,000 fund 155, on mission a of even though a charges involved. Clifton, N. J. Reduction Of Six Points In Tax Rate Predicted — William dicted City issue Manager v. Miller recently pre¬ barring unusual in¬ that, or tax rate for reduction 1942 of six will be levy during 1941, it lector Nooney. of 2.31% when the ties in over by This is Tax an increase collections in 1940, State with levies of ,j (State of) of his associates to ber Vice-Chairman. as Both Legislature Due to Extend N. Y. have of served now in years num¬ a these Jan, 8 reported as follows: Power will be•„ granted to New York key posi¬ tions and have been closely idenified with the steps taken in re¬ cent months to safeguard the Port Authority's bridge and tunnel City facilities City's Relief it Tax to Powers—A from dispatch news Albany relief continue disclosed was introduction of today on taxation, with the Senate and jority of the Legislature and the expected Gov. Her¬ bert H. Lehman. This would mean approval of against organization continued income to the city for relief purposes of approximately Ramsey $52,000,000 Counsel. a at the latitude with left tain to raise present City decrease or rates. as a of ers the troduced tor Legislature, in the Senate longer Authority either State is establishing a the chairmanship. for George R. 1934. Dyer He new He were in¬ by Sena¬ as chairman as had originally been in appointed commissioner a November, 1924, prior to the in start of the Port Authority's important undertakings. He has been re¬ Coudert, Jr., and Assembly by Assemblyman , named several times by both Re¬ publican and Democratic Govern¬ Abbott Low Moffat, Chairman of Ways- and Means Committee. the from one ; , served succeeded the late Major-General Frederic R. in the any now record city last year by agreement with Mayor F. H. La Guardia, Comptroller Joseph D. McGoldrick and Republican lead¬ General ./. member of the Port and the Cohen, ■■ Ferguson has than . The companion bills, which ex¬ tend the special! taxing powers granted Henry Mr. cer¬ by re-electing J. E. General Manager, and as Julius rate, the to possible any eventualities and otherwise to aid the Port Authority and the Port of New York in meeting condi¬ tions arising from world-wide strife. At the same time, the Board completed its annual re¬ As¬ sembly bills which will have the support of the Republican ma¬ ors. \ The bills also permit the trans¬ fer v from The utility tax opinion a tax earmarked ---\ -/f . Mr. He is also identified with involved . of relief ber of the are 1%, -producing other a lector of New of He served Internal num¬ Col¬ as Revenue for Jersey in the Harding Ad¬ ministration. of a banking and indus¬ trial interests. approximately $8,500,year; the business turnover re¬ 000 the taxes revenue city of is planning the no refunding ma¬ bonds 1947," acknowl¬ taxpayers. I In visited last Board and were pur¬ NEW YORK items in common. of of the facts, the it as to Commission merit certain to regard by to approval conditions the that was pro¬ were borough over-all the was with issuing City Council Favors Refunding Jan. a 1 number of Proposal—The the News Letter As Chairman of the of and business fixed / the utility of taxes, which are Port Authority's extensive activities,; involving financial bond issues of 000,000. ; to Mr. of service. ; ; ; Cullman named was 1927 re-appointed $200,- ' is Ferguson in point He in of excess • Vice-Chairman second missioner by State statute. the and a Com¬ has been by several Govern¬ of New York in the interven¬ ors ing As years. Terminals Chairman of Committee, he the in charge of the negotiations for the establishment of was union a inland Blanket Refunding i; '!"/** freight terminal to serve as a Ossining, N. Y. $21,655,000. The State point of collection for less-thanBond Offering—Lewis H. Ac¬ Comptroller has not yet given or carloadfreight moving to and refused his assent. On Jan. 1 our ker, Village Clerk, ' will receive from the Port of New York. This new Mayor stated that he was op¬ sealed bids.until 11 a,m, on Jan.. project culminated in the con¬ posed to the plan but beyond that 13, for the purchase of $29,450 struction of the Port Authority we do not know his reactions. not to exceed 6% interest coupon Commerce Building. Mr. Cullman Buffalo can get along without the or registered refunding bonds. is in the wholesale tobacco busi¬ plan but for four years there will Dated Jan. 1, 1942. One bond for ness and is active in many civic be high tax rates which will be $450, others <$1,000 each. Due and philanthropic interests. He is inevitable if some such plan is Jan. 1, as follows: $4,450 in 1945; president of the Beekman Street not adopted.—v. 154, p. 1580. $5,000 from 1946 to 1948 incl., and Hospital.-,/r ,.-V $10,000 in 1949. Bidder to name Referring to the recent tax certificate sale, Mr. Davis made a single rate of- interest, ex¬ Rochester, N. Y. the following observation: On pressed in a multiple of V\ or Note 1 Dec. of 15 Buffalo sold Bond Offering—Louise Hinkel, District Clerk, will receive sealed bids until 3 p.m. on Jan. 16 for the purchase of $1,250,000 not to exceeed 6% interest coupon or reg¬ istered building of bonds 1942. Dated Jan. 1, 1942. Denom. $1,000. Due as Jan. 1 name a rate of & Trust Bank bonds the Prin, and int. (J-J) the at to National Co., Ossining. refunded be fiscal bonds First 1942-1943. year The mature in The payable from unlimited are ing legal opinion Delafield York & City ceive sealed bidder. for check $2,000,000 the village, must received by from bonds of the ers character shall hold¬ same tax be type by the terms of any Federal in¬ come and taxable law, the successful bid¬ der, may, at his election, be re¬ until re¬ noon anticipation Dated on anticipation Jan. 21, 21, 1942. 1941 1942, tax Dated and due Sept. 600,000 Dated Jan. and dtie Sept. 20, Different interest cost • - Award will after deducting any Bids must be for premiums. all and interest will be of the notes basis of 360 days a on year! the 1942. the basis of the total on computed 1940 1942, 20, interest rates may be named for each issue. be made „ anticipation tax notes. to 1942 Jan. 1942, notes. 1 accompany private V. will 15, due Sept. 15, 1942. 700,000 In event that prior delivery of the bonds, the in¬ come bids tax notes. certified A Raymond 14, for the purchase of $3,300,000 notes, as follows: New $589, payable to order each proposal. to of — Comptroller, Jan. Hawkins, City will be furnished the successful of of Longfellow $45,000 interest, Offering Ellis, ad valorem taxes and the approv¬ and 1972 incl. Bidder to single l/10th of 1%. payable $40,000 follows: from 1943 to 1962 incl. and ^ except those the suggested Plan from 1963 to Newark, N. J. compensating use tax of 1%, pro¬ ducing about' $500,000,- and the conduit tax of 1%, producing about $500,000. f0 The City Council would be permitted to change any of these Mr. ^Coudert and Mr. Moffat Depart¬ ment of Audit and Control, pre¬ explained their bills in a state¬ ment recalling the provisions .of pared by City Comptroller Frank agreement ,and the M. Davis, noted as follows: The last) year's Council "approved in principle" reasons for it. -v the ex¬ penses. . rates Buffalo, N. Y. $250,000 refunding bonds— Hempstead Union Free School Dis¬ trict No. 16 (P. O. Elmont), N. Y. p. 147—and after review¬ was Col¬ with six months tax agreed city led all municipali¬ the the which vided Orange, N. J. reported to many all such points from the 1941 Tax Collections Set Record recently 4% years, the plan under consideration —The city collected 92.09% of its total tax universally Commission opinion city's $4.69, a previous impost. East situation 155, ing in State and county taxa¬ in school costs, the creases tion A. many In Los duplication might be request continue in the chairmanship and Howard S. Cullman was re¬ elected information $2,900,000 of anticipation notes Angeles a similar experi¬ ment is in progress." j at .0054 interest per year, plus a premium of $100.—v. 154, p. 1422. Hawthorne, N. J. ! " —The change in the money mar¬ ket is indicated by the fact that Refunding Plan Ready for Ap¬ on June 15, 1941 the city obtained proval—The State Funding Com¬ a rate of .0026, plus a premium of mission on Jan. 5 again con¬ $25. sidered the borough's proposal to The Com¬ it was willing to plan providing for the interest is Sewage chasing public sale of these bonds at this time, for summer, the county, city, of Education, museum, said approve Jan. 5. that the until has: been dividends 43—was p. the respect to future debt service turities Milwaukee, disapproved by the State FundingCommission at the coordinated purchas¬ ing principal has paid handsome Public proposal to re¬ of outstanding than 3%—v.. stands and year stance callable 4% bonds by exchanging new bonds to bear interest at not more last "It At file ."j quirements, "it being the edged," he said, "that in this in¬ Camden, N. J. Sale—The a , Bank, Nashua, 0.388%; First Boston Corp.; 0.45%, plus $4.50 premium; Merchants National Bank of Bqston, 0.47%; E. H. Rollins & Sons, Inc., 0.49%; ■ as • dian Head National National is used County Sinking Fund are of the highest order./ They include $1,500,000 United States Government bonds, $50,000 New Jersey State bonds, $3,291,000 v Essex County bonds and $1,943,000 in bonds of Essex municipalities. v ; r; ": Cooperative purchasing is fav¬ ored by the County Supervisor,, who said he was impressed with success of centralized purchasing in Hamilton County, Ohio, where the county, Cincinnati, the mu¬ nicipal university and Board of Education buy as a unit. ; ; ' was $100,000 Dec. 15, 1942. Other bids: Ballou, Adams & Co., 0.368%; In-' First three years discuss the to city -financial Mr. Reed said that assets of the awarded to the Second National Bank of Boston, at 0.34% discount. Due $250,000 - on Sept. 15 and mouth, 0.54%. and the Janv- 5. on being permitted by law." Note Sale—The issue of $350,000 valuations have required it i Commission to calculation the for C. Passage is assured.» Funding 2.133%, which again is less than Portmouth, N. H. ■, these meeting on Jan. 8, when Ferguson hearkened to Frank the at its 0.1%, producing about "This average Jan. 1, 1941, was of the Commission that the debt Port Authority's Committee on $1,283,013,030. Today's average is service calendar should be care¬ $12,000,000; the sales tax of 1%, producing about $30,000,000; the finance, Mr. Ferguson has been $1,225,431,592, or $57,532,438 less fully scrutinized due to the" fact, intimately .identified with all,of than & ; of bonded factor. to genuine¬ by the afore¬ mentioned bank, under advice of and ness In this of the last of about Jan. or shrink. average National Boston, and will be ready for delivery at said bank percentage debt is calculated have continued $50,000 on Jan. 14, 1943. Denoms. $25,000 for each maturity: Notes will the upon in part a Port Authority retary . County annual pay¬ .•A.V\ played the The Commission directed its Seer , valuations in Essex A of Ferguson is a resident of East Orange, N. J., and is presi¬ fund of $3,000,000 for city debt dent of the Hudson County Na¬ service payments and another $3,tional Bank, of Jersey City, N. J. 000,000 for old-age assistance. . They will be dated Jan. 15, 1942, and mature $50,000 Nov. 27 and $100,000 Dec. 24, 1942, and $25,000, • Council ducting sinking fund assets of Pleasantville, N. J. $7,133,968.43, the county's, net debt on Jan. 1, 1942, was $26,- S; Proposed Refunding—The city's Note Offering—Harry S. Hue131,751.57. Bonds authorized in proposal to issue $438,000 refund¬ kins, County Treasurer,, will re¬ 1941 aggregated $411,000; Contin¬ ing bonds on a 4% basis, to ma¬ ceive sealed bids until noon on uing with his report on the fi¬ ture serially from 1947 to 1961 Jan. 14, for the purchase at dis¬ nancial condition of the county, incl., in exchange for outstanding count of $200,000 notes issued in Mr. Reed said: ' 4%% obligations due up to 1967, anticipation of faxes for the year considered i "On the other hand, taxable was by /.the State 1942. Grafton County (P. O. N. H. for tion en¬ ask can quirement $168,251.17 ask applied purchased as 2%s, for a to reduce the 1942 tax levy. Re¬ premium of $2,100, equal to 105.25, porting that the county's finances a basis of about 1.68%. Due $2,are in a healthy condition, Mr. 000 from Dec. 1, 1942 to 1961 incl. Reed stated that the gross bonded The only other bid was an offer on is Government Commissioner Darby. He approved reducing the re¬ to and bidder. successful check New York the the; acquiescence possible. on the emergencies maintaining the present organiza¬ cation, must accompany each pro¬ the percentage of its annual requirement it deems necessary as ances were to to statute commission closed 155, p. 94— certified city earn¬ ings in excess of 3%%. " This amounted to $101,441.59. Beyond Jan. 1, that all depart¬ ments in the county government Dec. 31 to Hannaford & Talbot of San Francisco—v. titled city.'J; ;•'V'Vf"': Debt mately $40,000 coupon or regis¬ nished whatever Gross tered semi-ann. school bonds sold on Under . County (P. O* Newark),. %j. states not tax posal.';- this was Essex now will $5.75 , the Authority, N. Y. Officials Reappointed—Wartime able to order of the Board of Edu¬ tory of the . reduction decrease $280,835.16 arrearage Port Of New York the rate, however, as last year the Sinking Fund cut its needs by The (P. O. Overton), Nev. Paid—The Clerk of the Price . city The to serve $320,000. ; v percentage of collections for 1941 is the highest in the his¬ age County Educational District No. the arrears collected, or 83.41%. As of the start of 1942, the tax arrear¬ NEVADA Clark tax collected 1941 total National Omaha the or in In unlimited are ments. relieved if redeemed thereafter to and in¬ 103 to bonds 1942 budget by a reduction of $269,692.86 in its_ 1942 require¬ 5 to and 1952; The tax obligations of the district and approving legal opinion of Hawkins, Delafield & Longfellow of New York City will be fur¬ on $4,093,526.91 of the levy of $4,444,972.77. This compares with collections in 1940 of $4,041,316.35 of the levy of $4,500,996.48, or 1, after City; Tuesday, January 13, 1942 The will be notes ' Proposed Bond Issue—An ordi¬ nance providing for $210,000 5-year an street issue improve¬ ment bonds was considered City Council on Jan. 7. of by the expressed in 1/lOth of 1%. a multiple of y4 or Prin. and int (J-J) payable at the Bank of New Hyde Park, New Hyde Park, or at the Chase National Bank of New York lieved his contract the bonds posit be of and in obligations to - purchase such accompanying returned. under case the with drawn the deliverable de¬ Central his bid will interest and Hanover will be and payable Bank at & the Trust Co., New York City, said delivery to be on the days of the date k Volume 155 v i. THE COMMERCIAL & Number 4032 FINANCIAL CHRONICLE 199 Columbus, Ohio awarded .to the Fund BoardAof Trustees showed 5 $1,348,775.04 in cash, a total of r that $3,399,000 in new bonds were Bonds The Authorized City $2,779,923.38. issued by the city in 1941. in con¬ Council on Dec. 29 authorized an Subtracting this from the trast with this, the report showed issue of debt of / $9,978,524.13 $106,000 bonds to prQvide bonded that $5,918,402.36 worth of bonds for police and fire department leaves a net bonded, debt at this were matured, called, and paid equipment. moment of only $7,198,600.75— during the year. the lowest in the memory of most quest. No bids will be accepted the aggregate amount of interest Ludlow Rural School District, Ohio The general bonded indebted¬ city employees. > dor less than; par and accrued upon all of the bonds until their Bonds Sold—The issue of $9,000 No bid of ness of the city was decreased $1,interest, v The approving opinion respective maturities. The bonded debt still will be building bonds authorized at the conservative •of Reed, Hoyt, Washburn & Clay less than par and accrued interest 798,402.36 from $75,533,555.77, the after the $3,833,000 ;... total on Jan. 1, 1941, to $73,735,- November, 1941, general election issue is added. of New York City; will be fur¬ wil be entertained. " By that time, was sold to the State Teachers A decrease of nished and will; state that the Bids must be on a form to be 153.41 on Dec. 31. July 1, 1942, the old bond debts Retirement System, as 3Y2S. notes are valid and legally bind¬ furnished . with will be reduced by another $684,additional in¬ $305,855.89 in the assessment debt ing obligations for the payment formation and must be accom¬ was noted, this debt being $1,~ Southington Township School Dis¬ 500 to $8,544,024.13 and the total of which the city may be re¬ panied by a certified check upon 357,789.74 at the end of 1941. debt at that time will be $13,trict (P. O. Phalanx), Ohio quired, if necessary, to levy ad an incorporated bank or trust 127,024.13. : , Bond Sale Details—The $9,000 Cleveland, Ohio v/ofi; the- issues vornas there-: soon The bonds will be , , as*possible. Bidder to- state bidder offering to purchase .the vrate of interest, designate denoms/ bonds at the lowest interest cost .desired and to-whom notes shall to the town, such cost to be de¬ •bae made payable. Notes will be termined by deducting the total be made payable. -Notes will be amount of the premium bid from •after — • - f "" ; without limitation taxes valorem payable unconditionally water supply system bonds Legislation for Railway Pur¬ State Treas¬ awarded Dec. 20 to Ryan, Suther¬ chase Completed^—The proceed¬ urer for $380. The. approving land & Co., Toledo, as 2^s—v. Syracuse, N. Y, ings authorizing a bond issue of opinion of Masslich and Mitchell, Bond Offering—George H. Bed¬ approximately $18,000,000 to fi¬ 154, p. 1735, were sold at a price New York City, will be furnished of 100.894, a basis of about 2.13% nance purchase by the city of the ford,: Commissioner of Finance,; the purchaser. V / will on .of Jan. 0 , until • • registered or coupon 6%, exceed not to company, the order of thhe to .. 11 16, for the purchase $1,700,000 /interest , bids sealed receive a.m. • amount. to rate or as bonds, divided as follows: In the. event that prior; to the delivery of the bonds the income received by private holders from bonds of the same type and char¬ taxable by the Federal income tax law,, the successful bidder may, at from 1943 to 1952 incl. ^ ; his election, be relieved of his ob¬ 400,000 Federal Aid Project 1942 ligations .under the contract to series A bonds.: Due $40,000 purchased/the bonds* and in such •^v on Feb. .1 from 1943 fo 1952 case the deposit accompanying Z ',v>- incW^ : his bid wii be returned.,' be acter ^$1,200,000 general refunding 1942 bonds. Due $120,000 on Feb. 1 shall terms of any . 4 • 100,000 Federal Aid Project 1942 series B bonds. Due $20,000 \ V / 1 from Feb: ' on - incl. ' 1 ' ' 1943; to 1947 '" • , All of the bonds are dated Feb/ (P. O. Clinton), Sampson County N. C. g; Bond Expected—The Offering County Auditor states that $70,000 1942. .Denom. $1,000. Rate of refunding ->bonds,> approved i-i re¬ to be expressed in mul¬ cently by the Local Government tiples of J/4 or 1/lOth of 1%. Dif¬ Commission^ will be > offered for 1, interest ferent rates may will .. 'New York City successful the choice. by such forms. Feb. 2 York, New ;Bank, thereafter 2% of the and soon •' . not bid of holders •-vate ;same from bonds of a eral interest rate bid upon, exceeding *6%, in a multiple with local manufacturers since the final approving opinion of tran¬ began in June. script of proceedings to be fur¬ 1940, it was reported recently by nished by the successful bidder. defense the must'be Chamber of Com¬ in connection with its nual report on industrial an-; activity. Each bid must be Canton the same manufacturing these Beam, executive ViceChamber, noted other highlights in the 18 rose from $4,175,000 to lot so . $17,492,407.09 debt of ; But—and this is the bad news— $3,833,000 bond issue from Jan-uary 1 to July 1, 1942, and for the full fiscal year July 1, 1942, to July 1, 1943. • : Subsequently ; the levy is ex¬ pected to 'reduce by' approximately one-half mill a year. The bonded is: Ohio Streets w v • debt, not including and December, traf- ; " ficways $2,325,000.00 Funding- bonds_,___ 238,524,13 Sold—The City Sinking Fund Trustees recently purchased Public 3% police de¬ partment equipment bonds at par Dated Dec. 1 1941. Denoms. $1,000, buildings Water issue of $35,700 works 415,000.00 2,487.500.00 •! v Sewer $6,500,000 weekly and now ex¬ $500 and $200. Due Oct. 1 as fol¬ by $1,480,000 a week the lows: $8,700 in 1943 and $9,000 previous high of $5,020,000, from 1944 to 1946 incl. reached in May, 1929. Fifty-four. New Companies oc¬ OKLAHOMA cupied 323,415 square feet of space Chickasha, Ohla, and added $1,285,220 to the city's Bond Offering—Sealed bids will pay rolls. • ■ ■' ' Employment increased '35% be received until'Jan. 22, by the from 142,300 workers to 197,000. City Clerk, for the purchase oi Residential Construction to $15,000 municipal building bonds house defense workers resulted in approved by the voters on Dec. 11 2,447,500.00 and Parks ceed boule¬ vards* Fire 647,000.00 300,000.00 368,000.00 750,000.00 protection,,.^. Airport bonds Bomber plant bonds ' Total home units at a total $45,988,432. "Cleveland should be proud of 7,270 new Shawnee cost of :>• accompanied by upon an incorr Harney County School District No. 13 production," Beam said. "The city Sale—The the Taylor-Jones and both of Oklahoma cost of refunding be not at will Jan. on a.m. less Bids to value, bonds. than par plus accrued interest. Denom. 000. to Co.. Due $1,000 on $1,- Dec. 1 in 1945 1947. PENNSYLVANIA > , Baldwin Tulsa, 10 by Castolia Drinkwater, Dis¬ Clerk, for the purchase of $3,000 City, at a net 2.10%. until trict the Co., received 22, school $35,000 (P. O. Drewsey), Ore. Bond Offering—Sealed bids be O. 43—were purchased jointly by First National Bank & Trust interest activity in 1941 alone Beam said railroads serving Cleveland moved • approximately In his report on (P. building and equipment bonds of¬ fered for sale on Jan. 5—v. 155 p. • District Shawnee), Okla. Bond major contribution made by its'manufacturers in the battle of School $9,978,524.13 OREGON .. Reed, Hoyt, Washburn & Clay, New York City, will be furnished the purchasers.. The right,to re-, ject all bids is..reserved. : .: " Fed¬ income-tax lawy'tbe subcess^ bidder may, at. his election. ,n the $3,833,000 voted in Bonds an •• •- Rolls 'APay A Youngstown, of the type and character shall be 1931-32. - . space. President of the the basis of certified $700, payable to order Board of County Commis¬ must accompany each pro¬ Walter I. months: on delivery. for check period plant ex¬ of the pansions costing $153,115,156 sioner added 8,981,881 square feet of posal. In > the certified. check program Cleveland merce 34 °f 1 Bids the as ^- porated bank or trust? company; made an" outstanding industrial payable "unconditionally to,, the Vecord in World War I, and I am order of the State Treasurer for confident her industries will make $200.00. The approving opinion even greater records in this war." taxable by; the terms of any ,ful > : that'pridr to the delivery of the bonds the income received by pri- ' auction. price, not less than par accrued interest, offered for the lowest A certified bonds no highest for; payable, to order of the Com-1 vmissioner; of Finance,, must ac-= company each bid. tin the event • There will be The bonds will be awarded at the National or " as possible. as for check Chase the at payment before maturity; de¬ at place of purchaser's livery unconditional as pro¬ Bonds will delivered to the purchaser on vided be of be .must . Bids must bidder. tax; coupon registerable; no option bonds not much a it's not nearly the assessed evaluation of the city Co.—v. 154, p., Stark County (P. O. Canton), Ohio in that year was $148,916,323 and 1310—were completed for pres¬ Note Offering—Hilda Schrantz the levy required to finance the entation to the City Council on Clerk of the Board of County payments was 12.75 mills. Jan. 12. The date, embracing 20Commissioners, will receive It takes a 10.43-mill levy this odd closely-typed pages, was to sealed bids until 11 a.m. on Jan. year to make payments on the be referred to the transportation 19 for the purchase of $70,921.86 present debt, as the evaluation is committee for public hearings. It not to exceed 4% interest notes down to $110,654,297. is reported that three or four including $47,412.62 sewer and If the valuation remains the syndicates are interested in bid-: $23,509.24 water loans. >; Dated same (it is expected to go higher) ding for the projected bond issue.: Feb. 1, 1942 and due Jan. 31, 1944. it would take a levy of between Defense Contracts Total Billion Prin. and int. (Feb. 1) payable 15 and 16 mills for the fiscal year Dollars Approximately $1,000,- at the County Treasurer's office. 1942-43. 000.000 in w?r orders, in the form The notes will be sold to the The levy for this one year will of direct government contracts and highest bidder for not less than be high because it must be suf¬ sub-contracts, have been placed par and. accrued interest. The ficient to- pay the interest on the a.m. unlimited gations; will be furnished prescribed forms and be made on 11 Raleigh, for the purchase of $10,000 school refunding bonds. Denom. $1,000. Dated Jan. 1, 1942. Due on Jan. 1, 1951. Prin. and int. (J-J) payable in lawful money in New York City; general obli¬ Qf Consolidated Laws of State, and interest 'thereon is exempt from Federal and State income tax. Legal opin¬ ion of Caldwell & Raymond of 1 received. until- be bids money—but Cleveland Railway office in 24, Y'ork Offering —Sealed (EST); on Jan. 20, by W. E. Easterling, Secretary.-., of the Local Government Commission, at his •the city, are payable from unlim;ited taxes; and are exempt from taxation- under Section 9-B, Chap¬ New ' Washington)*, N. C. (P. O. : Bond payable at the Chase Na-. tional Bank, New York City. The bonds are general obligations of ter a.'; Washington Public School District (F-A) / future. in the. hear sale for the be bid but all of the :bonds of each specificussue must bear the same rate. Prin. and int. tseparate- issues, Thirteen million dollars is of :■ Okla. Township (P. O. Pitts- ~ burgh), Pa. t Report on Bonded Debt—The Additional Information—In con¬ 25% more tonnage than in 1940; Tulsa "Tribune" of Jan. 1 carried nection with the report in v. 155, • compared with a national average the following article: s , p. 149—of the award of $175,000 gain of 18% in the same period. Despite the recent $750,000 and bonds to Singer, Deane & Scribner Four hundred and ten manufac¬ deposit accompanying his bid will $3,833,000; bond issues, the city of Pittsburgh, as 2V2S, at 102.25, ibe returned.;*.t:br;:;••-;•:r:y>\ bbnds of the same type and -chart-. turers added 6,594,349 square feet enters the new/; year with a a basis of about 2.30%, we learn actor shall ben taxable by the of space.«at a cost of $121,686,000 bonded debt of NORTH CAROLINA only $9,978,524.13 that said house, together with terms of any Federal income tax jui the year, according to Clifford which is /actually $223,500 less Blair & Co., Inc., were members •>"^Elm City, N. C*', law, the.* successful, bidder .«mayi Giidersleeve, Chamber industrial than at the start of 1941...v >iC of group headed by E. H. Rollins -Bond Offering Sealed bids at his-election, be relieved of his commissioner. By comparison. 293 This is due to two factors: Sons, Inc., Philadelphia, which will.be received rim til It • a.nn obligations under the contract to concerns increased their facilities Although the $3,833,000 bond submitted the successful bid. (EST), on Jan. *30,-by W, E. East^ purchase the bonds a'nd. in such by'3.057.532 square feet at a cost A:";4'"-1 '... * issue was .voted in December, it I erling,«; Secretary :-of, the Local case the deposit accompanying his of $34,729,156 in 1940. Coaldale, Pa. Government Commission, at 5 his bid will be returned.Commenting on industrial em¬ does not become a legal debt v—• Bond Call—The following 5% office in Raleigh, for the purchase ployment gains in 1941, J. W. against the city until the bonds bonds have been called for. pay- • NORTH DAKOTA of $19,000 refunding electric light Vanden Bosch,- Chamber statisti¬ are sold and the money received ment at par: bonds. Denom. $1,000. Dated Jan, cian, said: Thus, it is not included as part of Williston', N.. D. i:/;; A;; On Feb. 15 "The highest level of all time in the debt as of Dec. 31, 1941. 1, 1942. Due on Jan. 1: $2,000 in Maturity — The City - Auditor 1947 to 1951, $1,000 in 1952, and industrial employment in Greater Paving and Sewer, to the And, although the $750,000 sostates that the $25,000 2V2% semiCleveland was reached in the last called bomber plant bond issue amount of $50,000. Dated Aug. :$2,000 in 1953 to 1956; without op-i ann. airport bonds-sold to the tion of prior payment. Prin. and ouarter of 1941. This high level is did 15. 1923. Due Aug. 15, 1953. go onto the debt, the city re¬ State Bond Fund, and the Bank int. (J-J) These bonds should have Feb. payable in. New York likely to *' continue with minor tired $973,500 in bonds during the of North Dakota, of Bismarck, City in legal tender; general obli¬ fluctuations, but the individual year. 15, 1942, and subsequent coupons jointly, at par—v. 155, p. 95—are worker attached when presented for pay¬ may find himself at a dif¬ gations; unlimited tax; coupon Here's the picture: due on July 1 as follows: .$1,000 bonds registerable as to principal ferent bench or machine or desk ment. Bonded debt Jan. 1. in 1943 to 1947, and $2,000 in 1948 :'%• On May 1 before the next year is over. It alone; delivery on or about Jan. 1941 $10,202,024.13 to 1957. ..v.. ..." would be foolhardy to attempt to 30, at place of purchaser's choice, Series of May, 1921, to the Added since 750,000.00 'There will be no auction. guess the, peak emnloyment or Paid off since OHIO 973,500.00 amount of $75,000. Dated May 1, ; * : Bidders are requested to name rate of activity likely to be 1921. Due May 1, 1951. Bonded debt Jan. 1, the interest rate or rates, not ex¬ reached in 1942." * •*,*; Chardon, Ohio :.j. £ 1942 9,978,524.13 These bonds should have May Buys Bonds—The city on Dec. ceeding: 6% per annum, in mul"Bonds ; Sold ^ The'1 $6,500" 2%: That, according to municipal 1, 1942. and subsequent coupons 29 bought through the treasury tiples of % of l%.rEach bid may attached when presented for pay¬ village halL addition bonds de^ account bond counselors, is a conservative .' name One rate for part of the scribed in $250,000 of its own gen¬ v.: 155, p. 9.5, have been ment debt for a city the size of Tulsa bonds (having the earliest matur-! eral sewer bonds for the purpose sold to the Sinking Fund,Trustees, and the situation is'actually betPayment;, of the redemption of creatine a sponsor's fund for cities),?• and. another::rate for the at- par. •-»-/>'' ;•* • ter. * '.• -/ C-"'X" -/■•v.: t ^ ^ price of each of said bonds, to- ~various - WPA projects, and an¬ ''jfJ balance, but no * bid may w name Cincinnati, nounced that $400,000 of city sew¬ ; •}, On hand to make payments on gether with accrued interest .to* 0^more than two rates,:, and '.each ■jx'tbidder, must specify in: his bid the >r Debt Reduction In ' 1941^^^ age disposal bonds would be pur¬ this debt when due is $1,431,148*34 dates;; called,, wilt be made any ' relieved'tV of-this ^obligations the contract to .purchase the-bonds and in -such-case, the be "•••' under • Uidn7 the event prior- to-the delivery of the bonds the income received by private holders from , / that „ „ '' • > . ■■ - 1 . - • . . • , ' • . < . ■ ■ .^ lamount of honds/ of/eachw- rate. 65th annual- report, of the Sinking chased-the following day. • •• - . •in -sinking-fund investments and time on presentation and surren- 200 THE COMMERCIAL & FINANCIAL CHRONICLE der of said bonds, First the at National Bank of Coaldale. Duryea, Bond ; Issuance the county has been ap¬ propriating more money for the fund than was needed Tor debt Pa. Enjoined.—Issu¬ ment the $140,000 41/2% judg¬ funding bonds for which no bids were 155, received Dec. 22—v. 96—has been enjoined by Judge John S. Fine, p. local Court who set Jan. 12 the date for as taxpayer, county taxpayers will pay approximately $125,000 less in 000, 1942 than was a sound the maintained that example of un¬ who the bonds "are an Decrease assessed total in valuation financing." of valua¬ than $32,000,- tions totaling more required last year. Wilkes-Barre, Pa. Appellant is Lladislaw Gillis, a K Debt Reduced case charges. assessed of basis the On interest and retirement hearing in the matter. in the financial the . In reviewing — for statement the ten years, Mayor Loveland pointed out that the 1932 budget carried an item of $3,446,000 in past Duryea from $3,845,601 in 1930, to $2,391,671 in 1941, is cited by the objecting taxpayer, Gillis, as a leading reason for opposing fur¬ ther bond issues. Coal lands, it is stated, have decreased in 10 from $1,371,405 to $678,811, so that today coal resources in taxes represent only 26% of valu¬ 10 Bexar ation contrasted with as former a 43%. A judgment especially admitted Judge Fine is held by Scranton Electric Co. in to testimony before the of $77,000, and Mr. Gillis neglectful procedure in sum charges that there contest this on been had never legal is amount '■ ' sold to Securities Corp. of Antonio, at 101.62, as noted here on June 7, are due on April 10 as follows: $12,000 in 1942 and 1943, $13,000, 1944 to 1947, $14,000, : 1948 and 1949, $15,000, 1950 to 1952, and $16,000 in 1953 to 1955, giving a basis of of we are than we bor¬ the reduced more assesed valuation, the city's finan¬ cial plight is not so bad as some would have you believe. reduce to able been valuation assessed that our finances means dis¬ not too obligation offered and Jan. 8—v. 154, the War¬ due Jan. 15 as follows: the authorizing city issue to bonds for civilian defense. SOUTH Dillon County CAROLINA Consolidation tems—Merger works Of Water Sys¬ of the municipal system with other regional private systems under the management of the Shenandoah Municipal Authority was com¬ pleted in Philadelphia on Dec. 29. •—v. 154, p. 1735. lease, signed by Chief Bur¬ Andrew gess Baraniak, Counsel Doyle and Secretary Leona Cubin- President Council Terrace sky, provides that water compa¬ nies, including the Shenandoah Citizens Water and Gas Company, the Hammond Water Company and the Girard Water Company, shall be managed by the Water Bond Reoffering connection —In not to exceed which sale had which by the terms $24,000 scheduled for 18, the offering of the off, is for it attorneys now the decided to was enabling act, reoffer them early some of part the of lease, It year. DAKOTA City Auditor, states that he will 000 volved in the sale, will be sold to the voters 96. Due serially in 20 years. liquidate the mortgages on the properties of the other companies. Outstanding mortgages to be liquidated are two obligations to¬ taling $260,000 against the Citizens Water Company and one of $637,the Girard Water airport bonds officials' announced that the Municipal Authority re¬ ceived clear title and can purchase the properties by the sale of bonds. The mortgages will not encum¬ ber the physical property of the water systems; they encumber only the revenues of operating the waterworks for a period of 40 years. The properties, according to the lease, shall always belong to the borough. Under no procedure, will it be possible to sell the water¬ by sheriff's sale or other¬ wise. County (P. O. Somer- set), Pa. Reduced—The rate for 1942 has been set at mills, the a tax eight reduction of 4 mills from 12-mill rate in effect since achieved by which 1930. has been The cut was lowering the sinking fund and general fund .appropria¬ tions. slashed The former levy three mills following was with 22—v. Dec. on the $60,- approved bonds Bond by of the $53,000 refunding bonds Jackson with count the above District Consoli¬ No. 1 Lamb County Road District No. 5 (P. O. Olton), Texas Bonds tion rate is not to be exceed 3%, payable M-S. Dated March 1, 1942. Due on March 1, as follows: $4,000 in 1943 to 1949, $5,000 in 1950 to 1955, and $6,000 in 1956 to 1959; subject to redemption and pre¬ payment on any interest date at the option of the district at par accrued interest, plus equivalent Prin. to and a pre¬ year's one int. payable at any suitable bank or trust com¬ designated by the successful The district will furnish the printed bonds and the ap¬ proving opinion of Fletcher, Dorsey, Barker, Qolman & Barber of Minneapolis, without cost to the purchaser. No bid for less than and the Defeated—At held rejected Dec. on the 29 the proposal elec¬ voters issue to $80,000 road construction bonds. accrued considered. interest will All bids must be be un¬ conditional and accompanied by a certified check for $4,000, pay¬ the able to the order of the district. have to recently been pur¬ Strananan, Co., Inc. of Toledo, and Walter, Woody & Heimerdinger of Cincinnati. Denom. $1,000.. Dated Dec. 1, 1941. McAllen, Texas 1941. Dated $1,000. Due $50,000 $60,000 $70,000 on in in in Dec. Dec. 1, follows; 1, as in 1943, in 1945, 1946, $75,000 in 1947, $80,000 in 1948, $85,000 in 1949, $90,000 in 1950, $100,000 in 1951, ana $570,000 in 1956, bonds matur¬ ing Dec. 1, 1956, are callable by lot prior to maturity on 30 days notice, on Dec. 1, 1945, or any in¬ and 103 1942,^55,000 1944, $65,000 accrued Dec. ginia, the 1, interest 1947; on at on a con¬ refunding the city's $1,- the over and before Dec. or Ohio River at time Follansbee, W. Va., and Steubenville, O. In the opinion Independent School Dis¬ O. Mineola), Texas State able of West solely from revenues is said to have $7,500 3% semi-ann. bonds at par. Due on 15 in 1942 to Virginia, tolls and collected for the and taken 000 further no use which without were offered were election on Jan. 15.y'; Rock Bond Sale Details—County now and all bids ! curities from annual sold on curb and an is North 15, of which $70,000 City, and $27,500 to Side purchased State 154 at Bank p. of 1607— par. Sale—The Bank of Mon¬ has purchased issue an of , $174,000 2V2% improvement bonds at Due par. serially in three years. Owen Sound, Ont. ; Treasury Bills Sold—An of $60,000 Treasury bills to Harrison & Co. of iy2s. issue sold was Toronto, as Due March 1, 1942. Pembroke, Ont. Bonds Sold—An issue of $112,improvement bonds was purchased at private sale by Fairclough & Co. of Toronto. Due on 000 3% Nov. 15 from 1942 to 1945 incl. Peterborough, Bonds Ont. Sold—Fairclough & Co. of Toronto recently purchased $145,000 bonds, as follows: $95,000 3% improvement bonds at 101.38, a basis of about 2.74%. Due from 1942 to 1951 incl. ; : , 50,000 3y4% improvement bonds at 102.69, a basis of about 2.87%. 1956 Due incl,', from Bonds 1942 to '5 y . ,, Richmond Hill, Ont. Sold—An . Y issue of $10,- 000 3 y2% improvement bonds sold to was Dyment, Anderson & Co. Toronto, at 100.23, a basis of of about 3 45%. 1951 incl. Due "y •• from 1942 to -Yy... y. Y -■ Uxbridge, Ont. Bonds Sold—An issue of $7,908 improvement bonds was sold to Harris, Ramsay & Co. of Toronto, at 102.90, a basis of 4% Due from 1942 to 1946 Vaughan Township, Ont. Bonds Sold—An issue of Due in 15 v annual J. H. over-the-counter, purchased basis of about an Denton.............,y Co..;..;.,.........; 101.73 . & Burgess & 101.17 Co 101.07 100.38 98.27 QUEBEC Lethridge, Alta. Sale—The Bank of Mont¬ has & Graham Dvment, Anderson & Co............. Harris, Ramsay & Co.... ALBERTA sold Rate Bid Bros. L. Charles real issue Cap de la Madeleine, Que. of at 98, a 4.76%. Due on July 1 from 1941 to 1960 incl. Bonds Sold—An issue of $40,000 4y2% improvement bonds was privately to Banque Cana- sold dienne Nationale of Quebec. NOVA SCOTIA Halifax, N. S. Bond coupon i instalments. Bidder— Bond ( $6,000 3j/2% improvement bonds was recently awarded to Frank L. Craig, Ltd., of Toronto, at a price of 101.80, a basis of about 3.25%. Burns Sale—The $215,000 3V2% improvement bonds of¬ 24, to submit to the voters following bonds aggregating fered Jan. 5 were awarded to the $459,000: $275,000 sanitary sewers, Dominion Securities Corp., To¬ and $184,000 storm sewers bonds. ronto, and the Bank of Nova the of 60 days acceptance of of Other bids: CANADA that election has been scheduled for Jan. period Brantford, Ont. Bond treal bonds Springs—v. (P. O. said a date ONTARIO Grand Mere, I Houston), Texas Election—It City Treasurer's the current issue. gutter improvement Dec. to Bond the 4% sold to W. G. Goodart & Co. Rock were various $50,000 semi-ann. road bonds sold West University Place for the about 3%. Springs, Wyo. street the Mahan, Dittmar & Co. of San Antonio, at 100.20—v. 155, p. 96— were purchased as follows: $30,000 as 2y4s, due $5,000 from Dec. 31, 1942 to 1947, and $20,000 as 2s, due $5,000 from Dec. 31, 1948 to 1951, a net interest cost of about 2.02%.- Dated Dec. 31, 1941. city at the 21 - Paid—The Judge that states to incl. Price the County (P. O. Fort Stock¬ ton), Texas Butz Nov. on when success, of Salt Lake H. been rejected. were Pecos has reoffering the $50,semi-ann, armory build¬ and library site bonds, $75,000 construction bonds is said to be scheduled for approval by an action toward the voters at interest The city agrees not to sell, offer for sale, any further se¬ or of 2% coupon Bond Election—The issuance of accrued office. pay¬ other WYOMING Texas to open the bonds to be delivered in said bridge. Legality approved by Chapman & Cutler of Chicago. 1957. Mineral Wells Independent School District (P. O. Mineral Wells), be paying over the amount Payable in Halifax funds loaned. the ing purchased not . counsel, the bonds are valid legally binding obligations of that (P. of point a McAllen, according to WISCONSIN Mayor Horace Etchison. The ex¬ ;V tension was sought by the said Marshfield, Wis. company for additional time to Bond Reoffering Not Scheduled contact holders of outstanding —E. H. Olson, City Clerk, states H. the pay between of shall in any court. The suc¬ cessful bidder will be required to of Mineola by Sections City Char¬ question or on 102 amended, and Acts of Legislature, for the ac¬ of an existing bridge as State validity date thereafter at accrued interest the A six-month extension provided and 326C of the binding on the city according to its terms and its by Harris & and Refunding Extension Granted— as ter, which provides that the bonds said quisition Oct. will will be considered after all sealed bids have been received. Interest par in certificate of the City Solici¬ tor 326B Bridge bonds, at par, 1, 1950, at 101 and accrued in¬ as follows: $24,000 maturing terest on or before Dec. 1, 1953, Aug. 1, $1,000 in 1942, $2,000 in and at 100 and accrued interest 1943 to 1946, $3,000 in 1947 to thereafter prior to maturity. Prin. 1951, as 3%s, and $29,000 matur¬ and int. payable at the State ing Aug. 1, $3,000 in 1952 to 1954, Treasurer's office, or at the Na¬ and $4,000 in 1955 to 1959. as 4s. tional City Bank, New York. Denom. $1,000. Bonds maturing These bonds are issued under and on and after Aug. 1, 1952, are pursuant to a Trust Agreement, optional Aug. 1, 1951. Prin. and oy the State Road Commission, a int.. payable at the Republic Na¬ State agency, under the authority tional Bank, Dallas. of the official code of West Vir¬ building until Jan. 27, at 3 p.m., by L. A. Pulliam, District Clerk, for the purchase of $82,000 re¬ funding bonds. Oral auction bids bidder. named Street the purchase of the will be Independent School Offering—Bids interest. ac¬ p. The the $1,300,- shall be valid and is before in joint were issued. be bonds Co., of Dallas, on will general obligations of the city, and each bond will bear Revenue, Project No. 6, semi-ann. chased terest payment here bonds." 155, received and connec¬ sale & 3%'; Market of Dallas, Sept. 6, it is now reported that R. A. Underwood^ trict legal opinion the revenue Callihan to Details—In Bank of Mineola dated pany Rate Sale Texas Bonds Sold—The First National Montrose mium Somerset and Feb. 2, (P. O. Montrose), S. Dak. Borough refunding bonds, noted furnished. Company. Tax water Co. on Union 209,000 bonded debt was granted recently to Emery W. Watts & Offering—Chris Hurning, offer for sale Dallas purchased $39,000 3%% semi-ann. tract for SOUTH will post $350,000 in bonds,; totaling $1,250,000, or the balance of the $1,600,000 in¬ while bonds against is hoped that the Legislature will shortly after convening in or¬ der that these bonds may be of¬ fered sometime in February. Bond Sold—The 000 certificates , Direct and (State of) Bonds Sold—An issue of Denom. Trust Co. of Dallas is said to have changing Mitchell, S. Dak. pany, works Bonds act the Water Utilities Service Com¬ 875 received: $130,000 water, $50,000 sewer bonds. Due in optional after 15 years. re- 'time during the this bids no as Clarendon, Texas the denomination of the bonds and by John H. Ware, Jr. the the 4% semi-ann. bonds county that it Write with called was stated Contemplated been Nov. on Utilities Service Company, headed Under (P. O. Dillon), S. C. VIRGINIA Scott, 25 years, electric Shenandoah, Pa. The and Bond City Council has directed the City Solicitor to prepare and urge passage by the General Assembly of the State of an enabling Act terim WEST Manager, were ISLAND May Issue Defense Bonds—The p. $6,000 from 1943 to 1955 incl. and $7,000 in 1956. water 44—were not sold p. /v';...' Croshyton, Newport, R. I. refunding . West Virginia E. and following 3% semiann. revenue bonds aggregating $180,000, offered on Jan. 5—v. 155, bonded which are Sold—F. We have our indebtedness proportionatly more than the reduction shown in the Sale—The $85,000 coupon A. Tyson Co. of 1942 off Considering row, RHODE Philadelphia, 2s, at a price of 100.79, a basis about 1.89%. Dated Jan. 15, as said. "It shows able to pay Not Secretary ... . '. y -/Y',.'vY states that the couraging." judgment. 1639—were awarded to ren is a healthy sign," ago years the Mayor Bonds a was Brownwood, Texas City at made by F. J. Brennan & Co., Halifax, and associates. The bonds in $1,000 denoms. Due Jan. 2, $75,000 trade school bonds will be submitted to the voters at an elec¬ as follows: $2,00.0 in 1943, $5,000 tion in March. in 1944 to 1946, $10,000 in 1947, ; $20,000 in 1948 to 1950, $103,000 Toppenish School District (P. O. in 1951, and $25,000 in 1952. Prin. Yakima), Wash. and int. (J-J 2) payable in lawful Bonds Sold—The $75,000 con¬ money of Canada, at the City struction bonds approved by the Treasurer's office, or at the Royal voters at the election on Nov. of 15, Bank Canada, Halifax,, St.. are said to have been purchased John, Montreal or Toronto. Registerable as to principal only. In¬ by the State of Washington. Columbian reduction a jointly, Halifax, are San about 2.27%. of of 99.71. a basis of about 3.54%. Second high bid of 99.69 Bond Election—It is stated that syndicate headed by the a Scotia, price (P. O. Spokane), Wash. ■■ County Judge now states, that the $197,000 2y2% semi-ann. voting machine bonds tion Bond bonds $2,632,000, $814,000 on which no interest has to be paid. "Being able to pay bond interest on $814,000 less than T exas Maturity—The of Glenolden, Pa. general WASHINGTON Spokane School District County (P. O. San Antonio), outstanding bonds and for 1942 the years - TEXAS years, of ance reported discovery that, for many Tuesday, January 13, 1942 Bond Que. Sale—The $11,000 4% improvement bonds offered Jan. 5 were of awarded to the Royal Bank Canada, at basis of about 3, 1941, and a price of 100.60, a 3.88%. Dated Nov. due serially in 10 j