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JAW 1 4 »«
ftus. ADM.
LIBRARY
MONDAY
Volume
Number 4455
163
New
York, *N. Y., Monday, January
14,
1946
Price 60 Cents
a
Copy
General Corporation and Investment News
RAILROAD
V
PUBLIC UTILITY
-
ACF-Brill Motors Co.—Director of Public Relations—
The
appointment of David
H.
McIIvaine
Director
as
of
Public
lk Allegheny
Rela-
This steel
j ?
INDUSTRIAL
-
Ludlum
coroporation
Steel
on
Jam
INSURANCE
-
Corp.—Acquisition—;
MISCELLANEOUS
-
American Business Shares,
Inc.—Asset Value-
2.
subject to the conditions set-forth.The
company reports for Nov. 1, 1945 net assets
equivalent to 84.84
Robert M. Arnold,; Chicago,
Recently released from the
111.,)-;;; a share, compared with assets equivalent-to $3.80 a share on
fJ, formally
concluded
the
Dec. 31,
purchase
of
the
Arnold
Engineering Co.,,,; 1944.—V. 162, p. 2009.
years as Public Relations Officer of the Philadelphia Ordnance District
Chicago, one of the largest manufacturers of
permanent magnets.
and also as Assistant Public Relations Officer of the Third Service
K; Its plant is .located at. nearby
Marengo,,,111.,-.and occupies 50,000
Command in the Philadelphia area..';: He entered the service in
Car & Foundry Co.—Add! Large Contracts
April,^ sq. ft. of floor space.
£
1941 and, at tli'e time of his
release, held the rank of Captain.—V. 162, ;,
The company, it was
Mr. Arnold "ill continue as President
of the enterprise, in its new
recently announced, has received orders from
p. 2309.
•
J
w
'
*
Elgin, Jodet & Eastern Ry. Co. for 300
status as a wholly Owned'
50-ton mill type drop and
subsidiary lot the Allegheny Ludlum Steel
gondola cars and 200 50-ton steel
Corp.,:.'
i;;.
First Postwar Buses Delivered—
underframe flat cars;
and from
Delaware & Hudson RR.
Corp. for 25 30-ton steel sheathed bjx cars.
The basis of the purchase of the
u
It was recently announced that the first two buses of
Arnold Engineering Co. is an
See also V. 163.
strictly post¬
p. 65.
.-v
"■
..
■'
.agreement with Robert M. Arnold to
war
acquire 500 shares of common";
design have Just been delivered to the Vermont Transit Co. of
Burlington, \t. The order for eight of these ACF-Brill, 37-passenger i stock, without par value, being all 'of the outstanding stock of the,
American Express Co.—Officials Promoted—
Arnold
motor
Engineering Co.; in exchange for 23,000 shares of common
coaches
was
placed
with
the manufacturer several months
stock of the
j# Three'new' Vlc6 Presidents 'and four
before Pearl Harbor and, therefore was the oldest on the
Allegheny Ludlum Steel Corp, The latter may be
Assistant Vice Presidents of
obliged4;
company's;
this company were elected
to issue additional shares of common stock to Mr.
books.—V. 162, p. 2809.
•
»
'
'
on*Jan. 2 at the annual
Arnold, as promeeting o* tae
'\i vided in the purchase
board of directors,agreement, in the event' of-the recovery by the
according to Ralph T, Reed, President.
Arnold
Elevated to the Vice
Engineering Cor of possible Federal ' tax refunds.—V.
Presidency were Thomas R. Clark and Clyde R.
162,,
Adam Hat Stores, Inc. -New Directorp. 2809
"•
Merrill,; lormerly Assistant- Vice Presidents,- and
jC
"
'
George t\ AAu.:en,y,
Richard C. Noel, a partner in the investment
Jr., who recently Joined" the company to direct
banking firm of Van
the enlarged loreign
traffic department.
Aistyne, Noel k Co., has been elected a director, increasing the board
.rCv■'..*/' "...
from
nine
to
Thomas J. Connelly, William F.
ten
members, Elias Lustig, President, announced on
Fox, Sidney E. Sweet and George
C. Finehout were
Jan, 3 —V. 162, p. 3185.
.appointed to serve as Assistant Vice Presidents.
"
tlons
announced
was
on
Jan.
2
Ronald R. Monroe, President.
•
Army, Mr. McIIvaine served for several
by
..
.
in
an
agreement-of
purchase
with
^American
>
•
1
..,
.
-
.
-
,
Simultaneously
Air Reduction Co
:'"-i
The
broken
has
company
ground
-
m* u»ae
-mmmam
Providence, N. J., for a '
apparatus research laboratory, designed for reseach in and de- - •
velopment of processes and apparatus for using industrial gases and
'■/'
the electric axc,; particularly m the
cutting, welding and trgatmg of
metals.—V. 162, p. 3065.
V.;,
V,
.
'"■!
The
Corp.—Completes Reconversion
war
Illinois
an
The
to
corporation
speakers
systems
and
will
fields
2809.
j).
Used
be
other
which
acquired by Aireon last summer.
radios,
phonographs, public, address
was
in
allied
with
radio
and
electronics.—V.
New York Curb ExchangeBaltimore Stock Exchange
;
__
..
vV.;
\■
i
208
217
It
217
-
remittance
Service—
service
'
'L
J'
1
was
aisr
operating
handle
Exchange^J_4^2--*-^'~^^i'. 217
announced
office in
an
travel
through
the
traffic.
Far
American
4
,
218
Exchange
218
Exchange—2
219
Bombay. Tne Karachi office, opened Jan.
foreign oftices in operation..:
L
219
on
220
Mr,
220
Los Angeles Stock
The company on Jan, 4 filed an application with the Alabama Public
Service Commission for pet mission to refund its 355,876
outstanding ^
shares of $5, $6 and $7 preferred stocks with new
preferred shares:;;
which are to carry a dividend rate of not more than
4(4^,
' 4 r
As part of the refunding plan, company proposes to issue
not more
;
than 300,000 new preferred shares.
Tnese will be offered to $5 and $6
preferred
stockholders
and to $7
preferred stockholders
on
and S10 cash for each
straight
a
share
on
exchange
basis
a
held.
now
basis
share
<
,
not
than
more
tenders
25
shares and
will
make
also
company
87.600,000
Proceeds
by
rata
pro
in
ex-
tender-:;;;'
allotment
exceeding 25 shares
Any preferred stock not submitted for
the respective call prices.
The
a
sharegC
;
If more than 300,000 present preferred shares are
tendered
Change the company will allot the new stock in full to holders
ing
share,Si
for
of one new; preferred
which
of
is
this
plans
to
loan
to
carry
a
interest
be
to
are
obtain
of
used
on:-|»>
not
to
serial
more
pare
bank
loan
down
All American Aviation, Int.—Buys Two
2% 'annually
preferred stocks
Beechcraft
The
Jan.
5
announced
the
f
.>
the
company
stated,
..
the company's routes which
It
also
was
Air
new
and
„
have
been
unit
two-new
"
-
acquired
for
:
the
118 communities in six States;
serve
that
which
the
All
planes
will
American
new
model
be
has
service.
cargo
The
announced
Pick-Up
,,
new
„»•
«
AmnHcan
American
New
York
Curb
225
and
city
~A,
Reserve
developed
for
The
said,
in
Netherlands
ofiices
October,
York
in
in
India
in
is
now
charge to.
routes
strategic
are
located
in
Calcutta
brings to 25 the
4,
and
total
of
'
,
Hague
to
which
Amsterdam
194$.—V.
stock
and
of
with
162,
p.
the
and
company
is
the
has
returned,
having been
Rotterdam
2513,
"
the
applied
total
for,
of
Chef
number
1,160,351
&
Boy-Ar-Dee
of
shares
of
stock,
shares.—V.; 162, p.
Chemical
issuance
preferred
Quality
Foods, Inc.
the listing of
2138.
,
;
Corp.—Earnings—.
227
Net
•
<
:
Earned
') —V.
:227
Member Banks of ; ; V
System.
227
\
sales
income
after
charges and taxes__^'__^_„___—'
>; Common shares outstanding^,.,—
$11,961,128
908,352
-
per
528,390
'
$1.72
163, p. 65.
:
American Power & Light
Co,—Retirement Plan—
Ak
mail
listing of 57,000
EARNINGS FOR NINE MONTHS ENDED SEPT.
30; 1945
Gross
f
226
of
the
$1) upon official notice of
acquisition of all of the outstanding
(par
stock
the
-
,
Exchange has authorized
stock
common
making
is
Stock
shares
connection
K(Ohio),
*"
•
Federal
offices
American Potash
Combined; Condition Statement of Federal
Reserve : Banks—-_^_-_4i_:._;___—'>__^_'_i,^
H Condition Statement
in
Reed
additional
y
227
—
East,
company
Stock—Acquisition—
224
Payable.
Inc.",
Co.,
Graham
American
„V The New
V
Exchange,. 224
General Corporation and Investment News. 185
State and City Bond Offerings and
Sales.— 235
Redemption Calls & Sinking Fund Notices. 227
Declared
A.
American Home PrbSucts Corp.*
-Listing of Additional
222
Exchange— 224
.Averages
Express
223
equipped' with the %
A
spec'al meeting of the stockholders has been
called for Jan, 29 to
a
retirement plan for employees which
already has been
by the Securities and Exchange
^'. consider
^ approved
Commission.. The initial
;4 c, cost of the plan will be slightly more than $500,000 a
year.
This
^ris,equal to 2% of the profit on. property sales made
during 1945, and
:,j ls equivalent to one-fifth of 1% of the estimated value
of the com•<•>£ pany s investment portfolio.~r-V. i62,'p. 3187.
..
Air
Pick-Up
unit
is
now
being installed in the
aircraft at; the Beechcraft factory in
Ircraft
Wichita, Kansas. The planes •;
are to be delivered the latter
re
part t»f January.
'
All
All
Stock
Transactions
;
Other
reopened
220
j The Course of Bank Clearings
Foreign Exchange Rates
J:
combination-passenger pick-up service planned by All American and "4
they also .will be used to inaugurate night
.pick-up schedules ;over
.
York
Dividends
Planes—
purchase, of
twin-engine passenger planes.
aircraft,
New
vians-
Express office in The Hague,
Holland, was reopened
2 at Plaats 31, with J. D.
Daale, Assistant Manager*,, in
charge,
Reed also announced.
This is the 24 th
foreign oil ice opened by
American Express and the 18th in
Europe.
The
v.;-Mi'.
Miscellaneous Features
s
on
Transactions
be
Jan,
the
:
222
Toronto Stock Exchange,
Toronto Stock Exchange—Curb Section
Over-the-counter Markets___
than
than $5,500,000 and to reimburse the company's
treasury for
S2,250*000 balance of the old bank loan which was
paid oif at the
1945 year-end.—V. 162, p. 3185,
corporation
;
| Montreal Curb Exchange_______________
of
more
The
The
220
by this
and re*
8,
may.
,
iwhich
10-year
the
v;
location.
third
ijv- St. Louis Stock Exchange,
Montreal Stock Exchange
Stock and Bond
exchange will be paid off at
Exchange
Jan.
purpose
important center on the postwar air
Karachi was selected because of its
Exchange
■
resumed
on
An
Stock
Stock
been
v
that
Stock
Detroit
any
Karachi, Ihdia with W.
Philadelphia Stock Exchange-;—
Pittsburgh Stock Exchange.
:
has
announced
for
'
,
^Hungary
to
Cincinnati
':v;:
>■.
Alabama Power Co.—Plans New Issue to Refund Out¬
standing Preferred—
Ameri¬
mitted by cable, air mail or
regular mail.- Orders for remittances to
Hungary should be made in United States dollars arid are
payable in
Pengo, the conversion rate being fixed
in-Budapest.: The present rate,
subject to change, is Pengo
107,000.00 to the U. S. dollar.
•;
212
___
Stock Exchange
Chicago Stock.
162,
'
197
Boston
,
Foreign
company,; Ralph T. Reed, l
President,
mittances in unlimited amounts and
»
Cleveland
.
Presidents of; .The
,
Resumes Hungarian
^v:'-; Page
New York Stock
Exchange (Stocks)____
'. New York Stock
Exchange (Bonds)
corporation's
from
Vice
,
Stock and Bond Quotations
'/<*• 4
Slater, Mo., division/having completed reconvert
peacetime operation, shipped its first truckload of
speakers to the parent plant in Kansas' City, Mo„ on Jan. 5.
This division will produce speakers of
Cinaudagraph Speakers, Inc.,
sion
five
interim
new,
Aireon Manufacturing:
were
Co., Inc.,'operating overseas.
Named
at
the
Jan.
2%
elections, their appointments pending the annual
meeting in
>, May,, wcr^.ivir, Doherty,; Mr.: Merrill and
Mr* Clark along with
Dennis
L. Harmon, also a Vice President of the American
Express Co., and
,* Gerald
K. Berkey, formerly
Assistant Vice President..,
>
New
at
announced
can'-Express
Inc*—Plaris New Plant—
within
within
renpnt
recent
»p»lrs
weeks
al«n
also
hoc
miMhanri
has. purchased
a
a
American
.
..
-
Rolling Mill Co.
Listing of Additional
Common Stock—
.
Ttinni'AvW
'
Noordyn*
i
v
The
New
York
Stock
Exchange lias authorized the listing of;.
The &
a);-..371,755 additional shares of common stock
?Amcrfcan Airlines, Inc.—Daily Transatlantic Service
($10 par),
upon
Pick-Up unit >
official notice of Issuance, upon conversion of
outstanding shares of
American's heavy traffic
For the first time in history -daily- trans-Atlantic airplane service
routes,
the plane having a payload of" around
I.
1,000 pounds,-which fe^waS inaugurated by American Airlines System on Dec. 26.
hfeid
Previously, } 4"
is, about three times that of the single-engine Stinsons the
5
L
company W^^American operated five trips a week-from the United States to
V16
is
England,
now-operating.; The surplus C-47. was one of the hundreds equipped 5 ;
providing for
under the stepped-up schedule four-engined Flagships will
by the Army Air Forces with All American's.
(b) 22,497 addidepart
equipment, for gliderfroITJ New York each Tuesday,
stock
($10
pick-up.
It. .is to be .used ip commercial
Wednesday,, Thursday, Saturday
upon official notice of
and,V
glider-pick-up operations V ;
the. outstanding .4 Vi%
cumulative con¬
.planned; by the company-and also will be operated in charter service. 4 Sunday ,with the Tuesday-trips stopping at Boston,*; from Washington
> wsuance,. npqn,.inversion mvertible preferred
each Wednesday and Friday with the Wednesday flight
stock-($100 par), making the iotal amount
Acquisition -of * the additional aircraft brings All
stopping at New
applied
American's fleet up
for: 4,208,665 shares of .its common
to: 16.—V,
^ Yo'vic a nd the Friday flight stopping at Philadelphia, and from" Chicago
162, p. 3186.
stock, $10 par value (out of a
total authorized issue of
each Monday.—V. 162, p. 2810.
4,500,000 shares of commori stock, $10
<
V;;
: .V';
,.
Norseman
Norseman
and
has
has
been
leased
a
surplus C-47 from the Government.
equipped with 'the new modal Air
.
and
will
be
placed
in
service
on
one
of
-
All
-
tionaT shfw
Sw Zon convSTSt
DaCr°»mPaity:
par).
''.
;
specialist in
;
"
ELECTRONICS
FLORIDA & NEW JERSEY
Municipal Bonds
~ ;:
MUNICIPAL
qAllen
,
,
Established 1922
2-2600
',
RAILS
.
.'
Members
New
York
,
Security Dealers Association
r
,
BeU Teletype:
NY 1-57S
45 NASSAU STREET,
Telephone
REctor 2-3600
NEW YORK 5
Philadelphia Telephone
Enterprise 6015
:
PROSPECTUS ON REQUEST
V
HUGH
W*
LONG and
..
NEW YORK 4, N. Y.
INC.
INVESTMENT FEND
Kobbe, Gearhart & Company
INCORPORATED
NEW YORK ST0CK3,
DIVERSIFIED
■4
*
Compan y
80 BROAD STREET
r*ip<nbr>*--,
.
INDUSTRIALS
DEPARTMENT
&
W4?- A A
'
Bell Teletype
New York 1-578
COMPANY
INCORPORATED
48 WALL STREET
634 SO. SPRING ST.
NEW YQRK 5
LOS ANGELES 14
.
expected to exceed $20,000,000, compared with the $13,Mr. Frantz stated.
'
*«•'
'">■
The company is planning two new products vet to go into production,
—a new automatic washing machine and an ironer which can be folded...
the
agreement of merger provides, among other things, for the re¬
in par value of the common stock of the company from
rier share to $10 per share, and for the conversion of presently out¬
standing shares of common stock, $25 par .value, into shares
com¬
mon stock,
$10 par value, of the company. ■
.
* <? <>
**; <. ■
The agreement of merger provides:
•
,
The
of
into, a st»ndar(Njsize kitchen cabinet.—V. 162, p.
each
(including 18 snares;~
outstanding
and
lield
owned. by the
554,774 shares were
which
of
treasury),
its
in
^°The
the
cost
increase
general
if subsidy
payments
to
the
in
of
cost
producers
should
living.
•
be 'sud-.
discontinued without permitting an upward adjustment in price
ceilings, the
result would be a drastic reduction in the producers' .4
income, which, like too drastic reductions in'income generally, should
,
be avoided."
•
1
?
•
1
t
;.' OUTLOOK-r^-Despite' unsettled v political and 'economic { conditions '
throughout the world, the company's outlook .for.' the current year:.
is not without promise.
The prospective volume of meat will be
about the same a as last year, with pork holding its own and an
,
Rustless has issue
share of common stock of Rustless.
926,547 shares of common stock
outstanding
of
denly
$2,000,000 first mortgage.
bono^ and 80,000 shares
of capital stock, .par $5. '
<
f
•
'
- ' •
I, The company offers to the holders >ef Its $2,000,000' first mortgage
and collateral'trust 20-year, 6% sinking fund bonds, due April !, 1948,
the privilege, of assenting to an extension offer providing for the ex¬
tension of'the maturity date to April l, 1968, the reduction >of the rate|?
of interest- to 5'/^ per -annum,
and the • reduction of " the principal
amount of each $1,000 bond ,to $900. In consideration of such extension
and debt reduction, the bondholders would receive, .without payment
therefor, 20 shares of $5 par common stock for each $1,000 extended.:-
on
to
hand,
other
the
must be
avoid a
Care
items
food
few
for the'stabilization
production needs, and the financial interests of
taken in. raising price ceLings on these-
continued
producers
On
company has registered with the SEC
collateral trust 20-year, 5% sinking fund
and
regard must be observed
"Due
living,
the
The
own®^
(except any shares held in the treasury of_ Rustlessi or
bv the company)
into shares of cooinion stock of the company,
the basis of one share of common stock of the company
for
fo
.
1274.
Inc.—Registers With SEC—
A. P.-W. Products -Co.,
>;
stock ($1 par) of
shares of common
outstanding
of the
tssued upon
stock ($10 par) are to be
(1)371,755 shares of common
conversion
Kustless
stated:
is
year
000,000 prewar total,
$25
duction
Monday, January *' i 4^1946
CHRONICLE
THE COMMERCIAL & FINANCIAL
186
lamb.
beef
in
increase
slightly
than offsetting a sharp decrease in.
billion, pounds is indicated and this
more
supply-of
total
A
22Vu
huge amount of. meat should permit us to keep our plants operating
by the stockholders of the
at near capacity.
•
28, 1945.
I.
- •
With an insistent demand in this country ,and abroad for all „the
the outstanding shares ot
meat we expect to have available, there seems reason to look forward
4%% cumulative convertible preferred stock ($100 par) are not to .be
bond.;Those assenting to the extension aloo will receive'-.detachable
hopefully and confidently to continued company: progress. warrants entitling
changed or converted as a result of the merger and shall remain
the holders, up to April' 1, 1955, :to purchase 20
outstanding: that the par value of the shares of common stock shall
shares of $5 par common -for each $1.00*0 bond at the price of $6:25
CONSOLIDATED,INCOME AND SURPLUS STATEMENT
lie reduced from $25 each to $10 each; that each outstanding share
or
$7.50 per share, depending upori the date of deposit.
' i'''
(Armour & Co. of 111. and subsidiaries)
\
of common stock,
$25 par value, shall be converted into one share
Bonds
not assented to the extension offer are subject to redemp¬
of common
stock, $10 par value: and that each share of common
52 Weeks End.— *
1945
Oct. 28, '44
Oct. 30,'43
Oct. 31,'42
tion
on
April 1, 1948, or earlier, at the option of the ricongpany at 1
share of Rustless which shall be outstanding
(excluding shares heldj- $1,025 for each $1,000 bond.'
^ 1
'
"
in
the
treasury
of Rustless or owned by company)
shall be con- ..'
Proceeds received from the sale of stock will be added to the com¬
Sales
l;212,b6I,355 1,'477,970,945 ;i;416,558,860>l;i3bo,uO2,0XS Vverted into one share of common stock, $10 par value, of the company. ^
pany's cash balances,—Vf 162, p. 2810.
JCost 6f sales, etCiyl,119,187,234 4,356,179,586>1,307,463,218: ^200,795.64S :'
'
(2) 22,497 shares of common stock are to be reserved for issuance
Sell.v ady, )fe*gen.- • '
upon conversion of the 4 Va'tc cumulative convertible preferred stock, in
53,278,47©
47,278,934
52,686,017 ■i 48,127,188
•expenses, etc.
Arkansas ^ower & Light .Go.—Earnings— »:
.;
addition to the shares of common stock presently reserved for such
9,286,358
11,116,485
9,237,544
9,796,088
^-Ordinary taxes.;
1945—Month—1944
1945—12 Mos.—1944
Period End-Oct. 31—
jiurpose.
The increase in the number of shares of common stock
7,127,093
8,025,606
6,784,495 V 6,936,050
Depreciation
—i?
$829,553 ; $1,473,291 $15,443,240 $16,493,887'
Operating revenues
reserved for such purpose is necessitated by the fact that the conContrib. to empl.
553,936
730,320
8,054,748
8,009,004
Operating expenses _i_
summation of the merger of Rustless into the conipany will result in
1,200,000
900,00©
1,500,000
1,500,000
pension plan
>112,121
Federal taxes.
2,042,045
an
Crl4Q,259 Grl,138,365
adjustment of the conversion price of the common stock of the
l,00o,390
Other taxes
79,675
l,UbX,ll2
83,612
company,
the amount of which adjustment twill depend .:Ut>on .:the
Balance
43,187,811
27^683,223
49,361,764
28,771,300
amount of the net assets of Rustless at the date of the consummation &
Charges in lieu of inc.
'960,040
1,281,812
Other income
1,040,680 ;
; 1,468,420
f
1,351,951
387,371
of the merger, adjusted
taxes
1,351,951
(a) to take up claims for refunds of taxes
**■•'■
ii'B'.■
i-■■ '
lor prior years due to the termination-in Sept., 1945, of the amorProperty retirement res.
v
30,239,726 Total income..
44,147,851
28,965;035
50,411,444'
agreement of merger was approved
company Dec. 7, 1945, and of Rustles^ Dec.
The agreement of merger provides'.that
...
*
■
v
.
'
.
.
\
■
;*1
;.i; -'7 v'vVvv
;
_
^
-
,
.
.
'
*
.
,
■
-
■
.1
———
-
■■'
'
tization
restore
to
the
surplus
to
post-war
for
reserve
appropriation
and (c) to restore to surplus the excess of amortifacilities over normal depreciation.
On the basis'
of net assets of Rustless, as of June 30, 1945, as shown
etc.,
of
of the
amount
adjusted
books,
Its
of
Net
\
ir ,
,
j*
-
lease
(net)
$245,511
revenues^-of
•
| $692,523
.1,
..
plant
>.
..-v
1
£
* >
.
i"'* '
»
V'*,
•»,>
1
J
\>
!"J
s*
income
Gross
Int.
$2,644,128
•160,389
bonds
mortgage
on
deducs._
2,226
98,469
Cr6,603
Cr3,613
and
int.
1,398,505
Cr27,899
Lafrentz,
President,
*
7
Jan.
on
President.
*
t
„
Tranfer
American Telephone
Frankfurt and Munich
were
the
in
GI's
in the American Zone
the United States by radio¬
will
command,
The
served*
in
be
of
cost
a'
three-minute
conversation
either German city
and
be $12.-.
,
announced
»
Hook,
V.
162,
is
the refitting
We
of
Power
under
of
ouput
ended Jan.
the
a
holding
V:
Tnis
'«>
has
elected
been
director.—V.
a
Anemostat Corp. of America
Agent—
The
Schroder
Trust
The Continental Bank
transfer
agent for
corporation.
has
Co.
and 5,000
&
been
appointed
,
Co.
Trust
shares of class
V-
A
of
New
and
B
for
capital stock
the
:
of the ban upon publication of petroleum
m
•.V
the
1943.
1940
start
of
8,285,089
and
the
tons
9,583,285
v."'/-"
war
in
cf
tons
in
'''' V
tons
11.521,555
1942.
5,422,102
1939.—V.
in
1944,
8.878.689
tons
tons in
1941,
8.167 286
tons
162.
2810.
p.
•
••
••
*
^
Apex Electrical Mfg. Co.—Outlook—
Production
sweepers
in
of
Apex
1946
will
washing
be
50'k
machines,
in
excess
ironers
of
Frantz, President, recently predicted.
*
While OP A pricing delays haye retarded
products
have
begun
to
move
to
the
electric
prewar
•
.
shipments,
distributors
and
full
vacuum
level
the
C
G
v
company's
production
is
expected to get underway by April l. The total volume of business for
-
Oct. 23, '44
$
-
Total
7%■'. preferred stock, Illinois
etock (par $5)
Common
and
closed
the
in.
year
a
so'upd
53,299,600
53,299,600
3,371,500
3,371,500
2(f,328,593
company-
20,328,590
8,085,251
payable
Accounts payable
for
Res.
1.
v''--
general & soc.
security
taxes
debt due
Funded
—
liabilities
Accrued
Reserve
4,966,685
5,819.679
4,714,080
/
-
1.900.000
year____^__l
within
Federal
for
18,761,091
,7,974,139
—
—
•3,496,811
19,438,517
Note3
3,287,479
taxes
income
28
950*782
101,000,000 108,190,600
Fundeddebt££
6,900,000
Res. pay't pf. int.. and skg. id.: on* debentures,;.;
4,000,00©
4,000,000
Reserve for contingencies
'
Reserve for replacement of basic "last in, first
779,588
579,743
out" inventories 4——....
—
'
each''
the earnings were-just s.lghtly better on
pound-of ;product.
,* -■
.
35l,499,p99
prior stock, Illinois company
+$6 'conv.
•
1,601,358
332,362,530
—
LIABILITIES—
.
-earnings
Net
..
3,802,167
665,286
>•—
»—2,573,131 '
Deferred charges
;
$1,212,961,355,
year
interest
charges
*
(
for
Res.
financial,
Y.
N.
State
workmen's comp.
stockholders'
Minority
equity in sub.
Deferred- income
ins..__i»
■f j 200,000
200.000
.
,568,111*
cos.__—..
288,326
'
769,000
—^__
102,646,675
.Surplus
-
836,770
91,499,919
^
^
ARREARS—During
DIVIDEND
the
their
meeting on Dec. 7," 1945,
the
on
S6
prior
continues
Jan.
to 'have -our
,
to apply-on
stock.
constant
>1 Represented
covering
Acts
contracts
Government
and
amount,
charged to
after
1942
for
it
;
net
of
the
and
1943.
fisqal
provided
for
considering
In
1944,
refund to
year
a
of
taxes,
$74,3757
This
shares.
Associated Public Utilities Gorp,
*
,' v
dividend
the dividend
agreement
was
reached with the
the Government of a
1945,
no par
in
regular
The subject of dividend
study and attention.
Nov.,
$995,639
by 532,996
collection from .employees in payment thereof amounting to
1945 and $1,285,184 in 1944.—V. 162,-p. 3066. ;
MiAfter
Operating
Net
an
amount
income-!
and other deducts.-
G.ross
Int.
corp.
$1,855,544 $1,737,159
1,323,303
1,525,845*
,
122,308
$27,937
j
$149,402
132,832
incomeJ^..
income
; 1945—12 Mos.—1944
S 160,769
•/
revenue—'
and taxes.
oper.
Non-oper.
|
(
exps.
(& Subs.)—Earnings
3945—Month-^-1944
Period End, Nov, 30-
\ Oper.
RENEGOTIATION—Gompanv and its subsidiaries have done a sub- ;
amount of business under contracts which are subject to th'(? k
Renegotiation
of $80,749,038 in 1945 and $74,768,123 iis
1944.
'
,
7After 'depreciation reserve
-
company's -Q,
the directors declared a
9r" 1946,
preferred
1
year: the
332,362,530 351,499,099
Total
•
by
$27,094
$329,699
369
4,468
8,049
vi $27,463
$334,167
$421,905
402
$28,339
;
',15,085
15.452
$13,254
$12,011
•
$413,856
182,570
276,709
$151,597
' $145,19S
*
was
Net
income
prior -to -Oct. 27,- 1945. Renegotiation pro:
been entered into with respect to the fiscal |
10-Cent Diivdendyear 1945. The .management does not expect that the results^of
re- ^
At a special meeting held on Dec. 7, 1945, 'the directors declared a
negotiation for the fiscal year 1945 will be material, and, therefore, • ,■
dividend of 10 cents ;per share on the common shares, payable Jan. 15,
provision was made on the same general basis as the stttiement for
1946, to holders of record Jan. 5, 1946.
Distributions of like amount
the fiscal year 1944.
<,
..
were made on Jan.
15, April 15, July 16 and Oct. 15, last year, and on
SUBSIDIES—PRICE CONTROL—On -Nov. 8, 1945, the Stabilization
! April 29 and Oct. 14, 1944. An extra of 10 cents was also paid on
Administrator, in. the Office of War Mobilization and Reconversion j.- the latter
date* -which brought total" in 1944 to 30 cents.
issued
a
statement
announcing
Government plans for withdrawing
•='
Holders of five-year convertible secured gold bonds of Utilities Public
approximately 76'/f of the subsidy on hogs not later than March 31.
•
Service Co., or certificates of deposit issued in respect of such bonds,(1946. and all subsidies on all livestock not later than June 30, 1945 "
MnhorMH-thpm fnr common
stock of Associated Public
In connection with the termination of the subsidies, the Administrator
profit and
ceedings have not,
as
loss
yet.
,
and
$ '
trustee for ist mtge. bonds.
Funds with
REFUNDING—Early
arrearages
companies'
figures, this corporation announces that crude petroleum
products from Iran disposed of in the period from Jan. l to Sept.
1945, totaled 10,727.847 tons. This compared with annual totals
since
in
-
*
stantial
production
30.
sales amounted to
the previous year.
1975.;"
arrears
•.
and
from
of-$3.50 ; per'share,'payable
Anglo-Iranian Oil Co., Ltd.—Production—
With the lifting
1
1945
Federal.excess profits tax post-war credit (est.)
%
♦
; was ;;
,
At
of
which have readily;absorbed them.
business both in dollars:, and tonnage
of
quarterly dividends aggregating $3,197,976 were paid on the
$6 prior preferred stock,
**.'
.
y~>
;
,
145.000
■?.
..
sales
PREFERRED
registrar
problems and such government'
occurred have merely released wore J
,
York has been appointed
class
of
due in
"B"- capital stock.
shares of class
(ILLINOIS COMPANY)
and subsidiaries)
of 111.
- -
In 1945* the company effected a saving
refunding its -1% cumulative-income
debentures (subordinated) due in 1978 and outstanding in the principal
amount : of
$33,199,600 with an issue of 4 Va
cumulative income
debentures
(subordinated)
in
the
principal amount of
$30,000,000
'
shares of class "A"
Co.
&
.
Registrar & Transfer
—
-
volume
$265,009,590
of
previous
DEBT
,
reorgani¬
to
in - annual
2634.
p.
•
from, Brazil; previously transferreci
.
position with $140,672,303 of working capital, an increase of $4,613,851
over .the
previous year.
At; the year's end 'the company and its
subsidiaries'had mo current borrowings : Irom batiks
in connection ,*
with domestic operations.
^
\
162,
have
WORKING. CAPITAL—We
■
^ A. E. Fayson, President of the American Thermos Bottle" Co. of
Conn.,
the
dollar
American Writing Paper Corp.—-New Direc tors—
Norwich,
DAmount
for 1942 of $14,802,607 was revised upwards to
addition of $1,121,942, representing adjustment of
ASSETS—
>reconversion
as
EARNINGS—Total
AND
decrease
In
is
ating companies of the system -to permit American Water Works to
satisfy the Utility Holding Company Act requirements.
The new issue
is expected to approximate $15,000,000.
The next step by American
Water Works presumably will be an application to the SEC seeking
'
the
(Armour
$9,172,538 which was $2,077,810 below the 1944 earnings.;
The
year's earnings were equivalent to three-fourths' of a cent on
each dollar of sales or one-tenth -. of a cent "per • pound of ^product.t
the company which is scheduled to be set up to acquire the water oper¬
approval of the private sale.—V. 163, p. 66.
by
CONDENSED BALANCE SHEET
decline
BALES
a
de¬
issue of
new
company.
serious
no
cancellations
amounted
water-works
tlncludes-excess'profits taxes,
the 1942 fiscal year on foreign earnings
fiscal years..
in
to deferred- Income.
decrease ;as . compared to the / record year > 1944:
This
directly <to 'the; nnding of
wan but 'was the result';dt ia |
in the number of hogs which :came to markjet. 4n -this
country, and deduced cattle supplies in Bouth America. ,•
,
However, ours is a diversified enterprise and while the results of
our domestic meat (business which
represents >66% of «our ;total- sailes: a:
were unsatisfactory as were also our results In South America, the bal- ?
ance
of
our
business—poultry .and dairy products,, vegetable oils,'
leather, wool, soap, hair, glue, sandpaper, chemicals, pharmaceuticals ,
and fertilizer—operated on a reasonably profitable basis.-
Private Financing Arranged—
:the private sale of
net; profit
$15,924,549
a
drastic
v;
The company: has arranged
bentures by its proposed new
currency
liability-reservesrand net earnings
not f due
the electric properties of this company for the
1946, totaled 79,319,000 kiyh„ a decrease pf 9.0%
of 87,153,400 kwh. for -thie corresponding week of
1944.-
3,690,538
2,398,482
the 1940 and 1941
in
Approved—
approved a post-effective amendment to the
^
company's
I showed
5,
output
Output—
produots for civilian markets
our
2?he
American Water Works & Electric Co.,. Inc.—Outputweek
have
contract
3066.
p.
125,339
799,494
2,398,482
...
be
to
1
tLand,. bldgs.,; mach. and fixture equipment120,004,206 121 351,904
cash contribution;;by General I '•? Refrigerator cars, delivery -equipt.. tools, etc——1 -9,605,984' 10,050,720
Cash •
28,938.429; 24,641,440
Public Utilities
Corp.,
a successor company to Ageco tand
Agecorp, ' •
U. S. excess profits tax refund .bonds-i-_-^--1,683,588
to NYPANJ Utilities Co.,'principal sub-holding company nf Agecorp.
J "y
HU. Si, War. Savings bonds on hand -for em>
The money-will be used 'to pay the balance of an indebtedness to.
76,854
ployees' purchase plan-^—
;
—. 274,524
Guaranty Trust Co. of New York.- ','.
'
Notes and accounts .recei?ab:e--'jia^i.--l'i-i7.. 50,271,240; 54,688,687
231,834
;
Intercompany accounts receiyablei__>-.—v«—_
.73,109
Armour '& Go.—Report for 1945—George A. Eastwood,
; Inventories —
105,610,467 121,914,028
^ Investments, -stbeks, : bonds ; and ^advances,.!!.; 112,662,566* 13,140,107
President, states in part:
the
that
Pa„
w-i-*.'1
profits taxes.
,
The SEC has
corporation's rayon producing plant at
modernized by the installation of new
of existing .equipment, under a. program,
that
will be
carried
out
as
rapidly as possible.
The plant, which
produces viscose rayon yarn, was the first rayon plant to be built in
the United States, having started operations in 1911.
The principal
parts of the current program will be the refitting
and modernizing of existing spinning machines and the purchase of
a
number
of
new
spinning machines.
The Marcus Hook plant at
present produces high-strength rayon yarn of the type used in tire
cords, and also produces standard strength rayon yarns for use in
men's and - women's
clothing and -in home, furnishing materials.—
is
S.
U.
'
zation plan.
•
,
.a
,
.
The amendment calls lor .a $4,800,000
American Viscose Corp.—To Modernize Plant—
equipment and
»-*
prior
3,197,976
in
1i'(The
illustrated booklet outlining •the Bell System's policy and
plans for the establishment
of
television
networks, is now being
distributed
to
the television .and
radio
broadcasting industries by
Bell telephone companies, it is announced.—V. 163, p. 66.
•
It
'J'"
..
$6
on
mother than Income taxes,
.
Associated Gas
Electric Corp. Report that' the ? *
electric output of the Associated Gas & Electric Gioup for the week
.
ended
Jan.
4, 1946 amounted to
119,688,429 kwh., a decrease, of
.
3,7 /4,634 Kwh„ or- o.3'/k, 'from ^the corresponding week a j?ear agtf.
i •
A 20-page
Marcus
S1i 14,802,007
■
Ohartges in Reorganization
Issues Booklet—
14,570,838
pref. divs.
realized
is
corporation
Associated Gas & Electric CA.i^-Weekly
point
between ,any
will
/ 292,800
11,250,348
9,172,538
___
preferred
The trustees of the
handled
United States
the
467700
6,062,664
(Del.)
Divs.
deferred
p. 2635.
and subject to the regulations of the theatre
at a single center in each German city
length to three minutes
888,147
2810,
circum-3
country
which will be restricted in >
These overseas calls,
Germany.
288,663
239703
__
negotiating with an investment group for the '
^Represents dividends paid on Armour
Co. of Delaware 1%
financing of the company ,as a fifth national broadcasting network.. ,;: guaranteed cumulative preferred stock, all of which wa3 'retired on or
Leonard
A. ' Versluis, President,
is ;in -charge of the conversations.
before Sept. 22, 1943, and $277,148 interest
accrued from April 1 to
'Announcement of completed plans is expected by Jan. 15. •. .
June S3, 1943, ;on 7 % icumulativey income 'debentUres ^exchanged
The Atlas Corp. has ^decided not ;to exercise; its option to purchase
• the latter date for. 7','b preferred stock on a par for par basis.
control of
the Assooiated company but has received' a 30 '/o
stock
ttUnrealizedgain.
interest in exchange for a $150,000 loan made to Associated in Noy
ttCharge of that portion of refinancing and retroactive wage; in¬
vember. .ft:The.ilinandng^projgrain,-.••wilt.-involve^the issuance of addi- ; ,
crease -which is equivalent to
the resulting reduction in Federal excess
tionai shares under a recapitailization ;pian,: it ;was reported.—V. 162, y
Tliis
10.
and
been damaged by the war.
Under these
impossible to complete calls placed in this
country have
Mances, it will be
to
opened Jan.
Tfo
$1,848,373
608,809
Net income
Associated Broadcasting Corp»- -May Finance Expan-
first points
the
be linked to
tc
was
$1,601:055
■.
$144:899 - i? $702,293
applicable to 'pfd. stocks for periodic
p.
162,
130,000
sion—
Service with Heidelberg,
Mubrnberg,
Bremen,
Kassel,
Stuttgart
Berlin
will be opened
shortly, the dates to be announced later.
.
:
"
.
*
v
Alt calls must be filed in and placed' from Germany and &ill be
limited to military personnel, as the regular telephone facilities in
telephone when service
tCrl,501,087
,
—V.
phone Service Opens With Two German Cities—:
of Occupation in Germany
■
-
ttOther charge..
301,000
130,000
13,000
Dividends
Radiotele¬
—
1,752,812
defd.
fr.
deducts.
Misc.
$1,978,373
$1,902,055
l\ Baianoe '-j.*
,
Telegraph Co.
&
+ +Cr 119,862
;
of
reservations
net income.
Jr.,
Ainslie,
P.
*22776
157784
17,565
income
'
Production Manager, becomes Manager of
the Agency and Production Department of the American Surety Co.,
the New York Casualty Co., and the Surety Fire Insurance Co.,' Amer¬
ican Surety's newest affiliate.-r-V. 162, p.-65.
George
$832,293
$157,899
income
Miscell,
.
„
202,540
91~288
trans,
'
Net
announced the following
appointments:
1
<,
>
*
'
v
Randolph E. Brown, Superintendent of Agencies, becomes Manager
of ,the Metropolitan branch of the New York Casualty Co. (an affil¬
iate),
succeeding
Arthur Schneider,
who
becomes
Resident ViceF.
782.303
readily .realiz..
>
American Surety Co., N. Y.—New Appointments-—
A.
executive
94,890
For'gn earns, not
1,497,102
>:V'
26,272
Cr61,311'
819,756
.
interest
exeh.
For.
$4,846,081
937,501;
Cr65,104
4,035,649
10,172,328
ftv funded debtMinority
$2,804,517
$795,315
;
78,126
I
Int.
skg.
183,847
$231,648
•
5,401,007
+23,455,932
paid upon
fd. ret. of
Prem.
$4,662,234
1,542
charged to constru.
Other
" '* ' W/
$793,773
1,887
Other income
6,111,368
+31721,204
•
prof, taxes
Loss sale real est.
195,000
$229,761
Operating Income
(net)
'
and
income
exc.
189,000
4,601,870
+8,796,972
amortiz.
and
Int:
Fed.
CM CO Tt*
CO IO
*
Cr 101,250
15,750
:
_
•
.
1,154,187
1,064,806
$2,833,128
company
and 2937,
,
oper.
for
Rent
as
stock of the
common
Or242,813
86,753
•
|
emergency
aforesaid, the aggregate number of shares •
required to be reserved for issuance •
upori conversion of 4V& % cumulative convertible preferred stock will
fee increased to approximately 967,350.
*
^
- v
The designation of the American Rolling Mill common stock was
changed on the New York Stock Exchange commencing Jan. 2, 1946,.
from $25 par value shares to $10 par value shares.-r-V,. 162,; pp;. 2266;
fey
'
(b)
period,
adjustment,
ration
-
....
-.1
.Volume 163
Utilities Corp.,
^
:
^ dated
payable
each
for
in accordance with the amended
upon
the stock issuable
Huntington
|>. 2635. '
of their bonds
National
Bank
of
certificates of deposit
or
Columbus,
Columbus,
; *'
.
.
certificates of deposit),
or
.* J
,'
the
to
Ohio.—V.'<**.:>«■
,»
162,
'
i
i»
the
end
respectively;
A v substantial
Associated; Utilities Investing Corp,—Calls Bonds-1- v
;
The
V
corporation
has
called
for
purchased,
Mexico
March 1,1946 all
collateral trust sinking
redemption
first lien; and
on
states
of the outstanding * 5% 50-year
fund gold bond certificates and participation certificates, of .the
.Manila Electric -RR,. & Lighting^ Corp./; the predecessor company, which:
see below,
■
•.
(
;
v,
,,
...
.
). The Associated ,UtUities, Investing <Corp, Js
vlpf the Manila Electric Co.!,r
■.;•;■/ '.y *'SZZy^^
either
7ky •\1
Zy headed
which,
crude
is
as
will.
at
oil
are
made
datee.
are
customary
Some
;r;i
usually covering
the
7
.
on
in
time
industry-^
and
have
to
than
1945,'the
may
time.
payable
•
to
sell
Jniwf
of
such
.
the
nnn
preferred
stock
by
by the holders of subscription warrants:
The company simultaneously is offering a new issue
102,000 shares of 3.60% cumulative preferred stock 4
to its common stockholders at $101.50 per share at the
Tate of one share1 of preferred for each4 26 'shares ofcommon held on Jan. 8, 1946^ The rights will expire on
Jan; 25, 1946; The offer has .been underwritten by the
Smith, Barney group which will purchase any balance,
of
Provision
Net
the
Loeb
Co._j___^_
Sachs & Co,i_
Goldman,
-Mellon
Securities
: Blyth•• &
Drexel
.
preferred not. taken b^common. stockholders, g y j
The
101,194
66,273
72,786
83,820
$109,075
for Federal
$125,464
taxes.
"
BALANCE SHEET,
SEPT.
30,
1945
ASSETS—Cash, $129,835; U. S. securities, $567,500; accounts receiv¬
$239,807;v inventories, $455,514;vother assets, $4,716; permanent
(net), $856,949; prepaid insurance, $974; total, $2,255,294.
LIABILITIES—Accounts
Federal
taxes
$72,786;
1944
on
surplus,
payable, $87,610; accrued accounts, $42,774;
income,
$1,409,182;
total,
$24,942;
capital
$50,694;
-reserves,
Federal taxes
stock
(94,551
$2,255,294.—V.
162,
1945 income,
on
$567,306;
shares),
2140.-
p.
'
4.8
'
4A;'',
1,000,000
ZZZ
Boston'Corporation
Co., :Inc.'„__
Bakelite Corp.-1—New Officials Elected—
-
-
~
\ Debentures are dated Jan. 15,«1946/ due Jan.. .15,i. 1966. interest
u
payable. Jan.; 15 and July 15. ^Debentures: may ; be redeemed at option i k^Kidder4Peabody> &-Co
Lee HigginsonTcorp.___.__:
y©f company,; as„ a whole-or J^ora. tiiriei to time dn/part/ on any date
Lehman Brothers
prior to maturity/on at least: 30 • days'' notice,.;- at the ; following •
4.0
1 000000
.
•
3.2
General
Brown
Vice-President
as
in
of
charge
adver¬
Sales
3.2
800000
•
3.2
800 000
and
;
4.0-
800 ooo
Allan
relations and George C,k Miller as Vice-President
Manager of' the thermoplastic department, was
announced
on
Jan.
7
by J. W. McLaughlin, President.
This cor¬
poration is a unit of the Carbide & Carbon Corp.—V. 149, p. 1467.
4.0
1000 000
"r~
Z; The election of
tising, and publiq
4.0
1,000,000
Harrimam Ripley,-&
.
2,671
1,100,000
-•Co,n-Inc.._._^_.^^„T.rZZIZZZZZZI
First
-
$275,562
assets
7,2
1,200,000
Corporation
3,478
able,
$0.0%
.1,100,000
&
'
■
,
1,800,000
~—
&
(net)_;_.^w—
income
;4;
:
of Stock
$2,500,000
—
$272,890
under-
„
Debentures
"'
49,874
$279,577
operating, profit.
Depreciation
months
subscnoed xor
,
lILLl
.
Kuhn,
not
199,490
51,491
amounts
Percentage
Name— - 44
"
Smith,* Barney & Co!2.7. „_L ____4.
Morgan Stanley- & Co
'
«•-•
are
173,072
.$283,055
-
and
1,296,754
,
Other income
boriotied
18
1944
$1,819,000
1,614,983
expense
Gross
99% plus interest and
as
1945
$2,119,123
a
Administrative expense
and
Hno
l25,000'^00 debentures at
102,000 shares of
Corp.—Earnings—
of- saies_..k_*i_v._u-—-
Selling
2635.
p.
term
on
additional
jointly,
162
year.
eompiihy
notes,
boi'row
agreed
and. not
Cost
according to the
respective amounts and percentages set
opposite their respective names
_
J
Z
made
one
i
has
agreed ^severally
New
other
are-terminable
sales-are
more
1%%
Company
in
Broadcasting Corp. above,—V.
Atlas Tack
greater portion of the
the well under
numerous
at
the
purchases
Texas,
Associated
'••>9 Months Ended Sept. 30—
Net sales
is
company's pur¬
the- basis of-the posted
on
made
unsecured
thereof,-
from
in
Acquire Control Not Exercised—
See
-4
r:-.: ■
requirements
sources
Atlas Corp.—Acquires Interest in Radio Chain—Option
to
The
v
period of not
a
UNDERWRITERS—:Company
w-rlters
by Smith, Barney & Co., offered $25,000,000 20-
$9,500,000
dates
banks
oiT
a
purchases and- sales
banks
from
( year 2% % debentures/ due Jan, 15/1966, at 101 % and ac.:yZZZ W-f-<yy;;S %[k-kyy0
r
of
crude
•
principally
minor-extent, from
Substantially all of- the
to
in, effect, on-delivery
party
from
-■'
0crued interest.
•
the. company's
being ,,made
rt;M^n ^?t^bfe^0V®mbe?::ftnd December.
from
Atlantic Refining Co.—Securities Offered—New financ/
and'-sales
'contracts,
..•
cing in the face amount of $35,200,000 on behalf of the
company and involving both debentures and preferred
stock was undertaken Jan, 9. An underwriting syndicate
J
.
price
t... -contracts
vl"..' y'-vy-y yy
of
purchases
Louisiana, and,
and i in- Venezuela.
company s
Inactive, subsidiary
an
.
part
■
such
and.
chases
field
187
of
hostilities in August, 1945, various
states, including
Texas, have reduced somewhat the allowable rate of
production per
well.
On Jan.-.l, 1940, the consolidated
investment in crude producing
properties,
plant and equipment
(domestic and
foreign) was $70,456,000 ajid after deduction of reserves for
depreciation, depletion and
amortization
was- $46,087,000.
The
corresponding figures on Sept.
30, 1945, - were $138,310,000 and $85,862,000,
(in .the ratio of 50 shares
them
to
$1,000, principal .amount, of bonds
^only after surrender
•
Since
plan of reorganization,
May 1, 1937, of Utilities Public Service Co. will receive the divi-
dend
;
THE COMMERCIAL & FINANCIAL
CHRONICLE
Number 4455
.
^
redemption prices
(expressed
in
together With accrued interest:
such percentage decreasing
*;
thereafter to and
to
.
and
incl,
incl.
Jan.
To
on
and
16,- 1960;
Jan.
on
16,
1961
and
1963,
Webster
Eastman,
and Blodget, Inc._____
Corp,___;.___^_ /
,
:
t
Dillon
w.
.
—
600,000
500,000
The
4
Dixon
:
.
f
,
4
,
')
ilOTES—(l) Excluded
200,000
■
^
£
'
Operating income_^_^.
•
4 •';:,WV-*r"t-vi
series A.
the
to
board
of
::
^assets.;
of
©00 in the
of
course
the
issuance
of
$25,600,000
of the debentures now offered.
33,536,671
3,069,242
3,278,371
The
substantially all
through
or
branches of the
subsidiaries
its
is
engaged
petroleum
things,
the acquisition
proven oil and gas lands and
transportation and refining of crude oil, its products and derivatives;
the transportation and wholesale and retail marketing of the products
of crude oil In the United States and certain foreign countries;
and
the: incidental sale through certain distribution outlets of automobile
accessories and miscellaneous items.
j
•
Crude oil production
■
•
■
;
-
Portion
of
to
net
able
,
matured
18,386,569
Unmatured
interest
1,305,278
874,507
Unmatured
rents
1,211,958
3,551,904
25,152,084
20,536,524
;1,095,448
954,522
2,804,153 ; 4,598,547
14,488,281
.on
$3 <2,772),
and
its
•
The
i
oil
company, "with others in the' industry, has conformed its crude
to production schedules and drilling and other regula-
10,511,517
839,093
13,673,824
which
have
been
prescribed
from
'of certain states with the purpose of
and
orderly
efficient
production.
time
conserving
Texas
is
time
to
under
reserves
the
most
the
laws
through more
important of
•?-
•
these states
■
<V The
"to
in
the company.
company's
1940.
'
crude
oil production in 1944 (excluding oil accruing
other outside interests) was 82% greater than
production in 1940 was equivalent to approximately;
the total volume of crude oil refined
of
year.
The
corresponding
principally
increase
in
to
two
the
ratios
for
the
1945 were approximately
factors:
number
increase.in the allowable
of
the
net
rate
of
first
Ch® Commercial and Financial
Other than U. S. Government taxes
Other unadjusted credits.
1,500,000
-
2,080,000
2,000,000
reserves,
ferred
5,413,476
Z,
z
•
v.\:-
This
r
,,
£,/'
v4
ipar
..
Cr46,151
16,149,490
15,895,373
f V
^
:
,
572,223
int«
15,035,887
1,306
11,450,624
1,443
1,267
996
hand and demand
$12,057,452;
claims
$9,868,728;
S.
Govt,
one
and
"
seven
163,
its
agencies
prior
"Z;"v
■
$7,865,163
long-
between
Baltimore,
Washington,
<,
5-double
B.
&
has
O.
roomette
bedroom
recently given Pullman-
4-double
bedroom
sleepers
sleepers for its night trains.
^y..-i-.V1--
ZV'Z;;,Z';':
:
I [Including
;/"v' ■:■■■■>; :'r
Period End. Nov. 30-
1945—Month—1944
revenues
-™
$1,965,263
Operating
expenses
_™
1,441,386
Taxes
;
,272,856
:/
/
Baltimore Coach Co.J„
Operating
1945—11 Mos.—1944
$2,071,853 $22,363,486
? 1,485.862
16,674,728
399,941
-
$22,500,315
16,543,565
3,643,266
4,189,273
$2,045,491
$1,767,472
„
"
'Operating income _i_
$251,020
Non-oper, income
•
Gross income yy
Fixed
Int.
charges
on
$259,222'
.%
debs.
$185,507
miles
Revenue
passengers
—V.
163,
8,679
69,843: ,;/■
Net income
Revenue
3,151,540
.
21,055,795
:
3,870
75,130
.
86,073
75,527
$2,131,565
$194,729
3,870'vy':.
,™™_™_
A
ser.
$186,050
8,201 /
accounts ; payable,
(incl.
years,
-
'■
66.
service
the
16-duplex
10-roomette
p.
ac-
and
year),
$100),
Z''
eight
which
Baltimore Transit Co.—Earnings—
$10,691,905; market-
and
receivables, U. S. Gov¬
inventories. $34,537,078; other
bank, ;$800,000;
for
and
Z—V.
SEPT. 30, 1945
deposits,
follows orders
Standard
7,927,034
-
company has just placed an order with the Pullman-Standard
Co. for
two
streamlined
lightweight all-coach trains of
This
$14,800,000; common stock (par $25), $66,-.
599,950; capital surplus paid in,
$10,449,650; earned surplus $105 745 «•
795; cost of treasury stock over
par, Dr$336,410; total, $269,478,338.—
V.
162, p. 3066.
CV53.933
-
Mfg.
eight cars each for daytime
Pittsburgh and Chicago,
.**5
w™---'
$600,000; reserve for wartime and
contingencies
(foreign subsidiary),
$80,000;
miscellaneous
$400,000; minority interests, $5,795;
4%
cumulative
pre¬
stock
.
42,858,403
Places Order for Two Trains of 8-Cars Each—
2,000,000
at
within
taxes,
90,310,016
"
•
Car
agencies,
U.
*
Dr. Fuller Nance has been appointed Medical and
Surgical Director
of the Baltimore & Ohio RR.
System, to succeed the late Dr, E, V.
Milholland.
223,200
$11,616,999;. U. S. Federal income
Jrax' _?1»513,773; other tax liability, including excise taxes collected
from
customers,
$6,797,370," accrued
liabilities,
$1,680,227;
other
liabilities, $447,053; long-term debt,
$30,667,879; total other
liabilities and credits,
$165,837; reserves for insurance and contin¬
gencies, $6,329,688/ reserve for
pensions, $822,500; reserve for U. S
post-war
by the company in that
1944 and for the first
60%.
This increase is due
year
and
more
important being an
producing, the second being an
production due to war-time demands.
wells
due
due
Government
Such
%nine months of
$1,842,993
42,579
42,573
770,011
829,287
$115,727
$1,318,975
3.242,368
35,463,181
...
$971,133
36.496,151
22,214,455 238,647,358 240,214,929
66.
p.
Barber Asphalt Corp.—To Develop New Fieldintensive
soon
bs
zation
development of
gilsonite, a little known hydrocarbon, will
by American Gilsonite Co., a newly-formed organi¬
jointly by Barber Asphalt Corp. and Standard Oil Co. of
undertaken
owned
Chronicle (Reg. U. S. Patent Qfflce) William B. Dana Company, Publishers, 25 Park
Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and Publisher;
Seibert, President; William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on
Monday].
Other
La Salle St., Chicago 3, 111.
(Telephone: State'0613); 1 Drapers' Gardens, London, E. C.^ England, c/o Edwards & Smith.
Copyright 1945 by William B. Dana Company.
Reentered
as second-class matter February 25, 1942, at the post office at New York. N. Y., under the Act of March
3, 1879.
Subscriptions in United States and Possessions, $26.00 per
year; in Dominion of
Canada, $27.50 per year; South and Central America.
Spain,- Mexico, and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia
and Africa, $31.00 per year.
NOTE: On account of the fluctuations in the rates of
exchange, remittances for foreign subscriptions and advertisements mutftTbe made in New York
funds,
••
William
Dana
offices:
r
'
'
royalty holders and
36%
.
:
to
debt
'
29,425,247
.
,
2,463,300
108,575
42,812,252
3,059,918
Or. Nance has been with the B. & O. since
April,4* 1917,! and in May>
1941, was appointed Assistant to Medical, and Surgical Director, i;
$5,408,434; special trust
run as,
assets, at cost (after reserves lor
depreciation
deletion and amortization of $170,578,935), $186,100,831; total prepaid
and deferred
charges, $3,305,040; total, $269,478,338.
-/
/ :Z
term
77,851,062
^.
•.
New Medical and Surgical Director—
1,527,600
81,893
29,371,314
'2,346,946
™™_u-
-
9,927,034
payable»
>
2,638,616
625,223
19,579,187
5,196,817
81,469
2,679,299
'
.
3,034,442
1,309,629
tax liability-™,™
currpnt liabilities™
Total current liabilities™™-.Analysis -of accrued..tax—
''.
Liability U. S. ,Government taxes
901,581
1,673,294
Z^4,501,628
;
;:^87'?23 5 total investments,
$bl,753; fixed
$10,292,152;
production
tions
2,451,906
accrued---.---—7,255,634tt
Accrued
Other
.™™__;
_
'.4
payable
_™™™.
maturedr nnpaid-i!*!-™™.™™™™^
Interest
j£: ;• (y-
-■•y
at cost (after reserve of $228,000), $7,359,594;
nnSo Jecfivable (after reserve for doubtful accounts
of
ernment
7,313,627
19,148,412
6,636,092
accrued™i™y™™_™_™_u
937,996
7,600,896
17,377,784
\mpaid,---_™™yi..%™™™
10,061,869
'
Miscellaneous accounts
41,289
,'Z 7,500,000
™™__
23,846,805
^securities,
notes
Z:
Z-:
3,537,540 ..73,457,311
Traffic and car-service balances (Cr)___!™____
Audited accounts-and wages payable
"■
conducted
126,161,875
Items—
9,618,164
893,352
income
ASSETS—Cash
8Ssets_L™U—137,361,769
current
Selected Liability
Loans and bills
-
:
177,830
•_
5,985
CONSOLIDATED BALANCE SHEET,
••
,
Total
44,113
-474,568
^„™„™
Cr27,640
un^
applic. to minor.
,
™*™
9,398,890
*'6<223,638^A'
assets__-_
Cr38,138
Amt. of inc. trans; • ferred to earn. surp.
'/r
20,614,288
\var-
amortized; cost
leases.
■
equal
24.336,531
16,356,895
44,971
: and
supplies™™!.™-'!™!
and dividends receivable
r
receivable
;
and
"
operations are
principally in Texas,
and also in Louisiana, Arkansas, Kansas, Oklahoma and New Mexico.
Company is also engaged in an exploratory drilling program in
Venezuela. ' For several years the company has made an effort to
increase
its
production both by acquisition of producing properties
and by exploration on non-producing properties on which it holds
;;
Amt.
5,757,623
22,131,924
8,915,764
9,013.299
post-war
conting., utilized™.
,
97,483
;
agents-andv-conductors_-™
current
.
1
in
business, including, among
and
development of prospective
and
leases; the production, purchase, sale,
other
.
-time
from
accounts ••receivable-™™™-!™-:
288,117
taxes
Amt/provided for
;
.
receiv.
9,631,728
-
directly
company
46,343,581
22,705,369
2,541,273
•
Amtr equiv. to reduc-
>
.
16,760,318
Cr5,093
'
:." •
97,.710,817 101,939,170
33,000,000
-3,185,631
Interest
1,938.222
>
—.
.
50,089,036
Dividends
1911.
in
2,097,871
r
;*v
7,435,900
Rents
4,497,786
fixed
inc.
&c., qther. than
companies__—;™™™:x_-w
debits-^™™™_^__^™x_^_-
Materials
beforii 'special
in
stocks,: bonds,
Funded debt maturing within six months.™™.
.
™™!__i^_
tion
in
unadjusted
Other
23,988,250
3,126,398
V'."
"
of; affiliated
Miscellaneous
of emerg. facilities;
v
..
in
from
'
<
.
: y
better-
330,405
Special chgs. for amort.
15-year
AND BUSINESS—Company was incorporated April 29,
Pennsylvania. Control was held by the Standard Oil interests
1874 to the time of dissolution of the Standard Oil 'Oroup
s
nr-1
5,325,211
$
../.J,952,450"
and
Temporary cash investments.™
Special deposits
Loans and bills receivable______
,
•
1944
.
$
Cash'
•
:
1,357,724
..
additions
1945
.
better-
and
11,743,841
indebtedness
HISTORY
1870
•
*
Other
44,496,993
.
Cr698,600
Income
for
(gross)
'
>■.-
,
3% debentures, due
1953, and on Jan. 4, 1946/ the board authorized the issuance /.
Sept. 1,
.
the
aggregate, exclusive of indebtedness contracted in the usual
business. Pursuant to this authorization the board in 1938
authorized
■"?
increase
additions
124,795
'
by amounts not exceeding $50,000,-
of the company from time to time
'
to
.4
inn
for
(gross)
ITEMS, OCT. 31
'
1
'
•
-
10,974,677
.
income
conversion
y •• •
27,855,955
(equipment17,805,945
those
4,775,409
.3.029,579
Non-operating income™
Income from
involuntary
the stockholders gave a general
directors
ments
Investment
'
'%•!• '<:?<-vf;'k
Net- oper,
are
(2) At a meeting on Sept. 12, 1938,
-
authorization
f-,
t
.8
.8
5,391,146
5,334,746
;
amortization
Insur. .and misc. res.___
Doubtful receivables
v
4,268,703
3,174,000 -.17,364,230
Cr2,000,000
-
Selected Asset Items—
-Expenditures
.8
'
.
100,000
*
29,076,871
-
}48.000 shs.
■»
9,669,183
5,025,762
-,<ment*'jfroad')
-—-Years Ended Dec, 31——*
' .1944
1943
■
1942
zz; 4,169,284
10,360,756
975,300-
'
inc.
;• -—
Intangible devel. costs..
Depl., lease amort, and
abandonments
Deprec., retirements, etc.
;;
taxes;
Expenditures
^
than
0 taxes
$1,785,703 $16,534,236 $19,863,703
1,039,964
'
.
,.
■,i
200 000
ICinnomo
36,807
499,033
income
Net bal.
an
aggregate of $420,000 of monthly instalments on the 3% notes
payable;
and three mortgages
on
tankers
aggregating $2,137,500,
which were paid subsequent to Sept. 30, 1945.
Also excluded are cer¬
tain obligations, aggregating $212,878, due principally to expenses of
aerial surveys, falling due more than one year from Sept. 30, 1945,
which are not considered funded debt.
'
.8
200^000
All
22,872,246
35,090
SELECTED BALANCE SHEET
yi'.
.8
,
839,241
22,178,998
projects
.8
„
$522,334
equipment)
1.2
200'000
-
and
1.2
1.2
200000
821,449
2,268,191
■■■
17,814
1
»18,596
_™
Amortization of defense
207,369,260 273,158,708 212,949,819 164,462,649 V",
serv.
om AO*
RpU
163,676,877 210,435,477 161,908,013 120,963.473 I
Sell., gen. and admi
m!vic8 otner than exp' V- J0,4$6,226 12,835,091 4 12;729,725 15 012,539
2;V,ar^£dm*
Taxes, other
xaxes,
being paid off currently at the rate of $572,766 per month);
amount is
nnn
pnn'nnn
tSSrjPer; incoiPe--Lost Ol
sales and
verious obligations aggregating $8,285,163
'maturing not later than one year from Sept. 30, 1945, as follows:
$5,727,663 contract obligation bearing interest at 2% to Reconstruction
Finance Corporation in respect of aviation gasoline facilities
(which
r
Sept. 30/45
W,
.2,663,998 shs.
stock, convertible 4%
Fed.
300^000
Co
A 89,039
•
1.2
.
300.OOO
Co
$4,160,747 $39,571,490 $43,610,280
2,187,829
(way and struc¬
-
tures
-
*of this number 328,888 shares are reserved for issuance upon con¬
version of cumulative, preferred
&
1.2
300,000
""
9 Mos. End.
102,000 Shs.
,
&
*
CONSOLIDATED INCOME STATEMENT
4,000,003
1,455,000
duPont
$2>803,348
' 74,589
Net income:
Deprec,
,
1.2
300,000
_____
""""Outstanding
$25,000,000
banks, due 1947 Not limited
:
3% notes payable™™-—™
-——Not limited
,
t/Preferred: stock
(issuable in series),
F $100 par —————————h '
250,000 shs.
Cumul. pfd, stock, convert, 4% series A
/
Cumul. pfd, stock, 3.60% series B
Common stock ($25 par)—:
*5,000,000 shs.
notes payable to
I.
;
1.2
"Z_iZl"r"n
Z-C
f
2.0
'2.0
2.0
onn
Z,
2.0
,
s
300,000
_____
CAPITALIZATION, GIVING EFFECT TO PRESENT 'FINANCING
1%%
i__-ZZ. _"
:
^
300,000
_
Francis
production, $7,314,000; refining, $832,000; pipe lines, $102,000; marine,
$6,228,000; marketing, $2,097,000,, and miscellaneous, $24,000,
-
20-yrZ 2%% debents., due Jan. 1, 1966 $25,000,000
$3,681,454 $35,540,296 $38,091,576
479,293
• 4,031,194
5,518,704
417,259
Contingent charges
.
500,000
Laird, Bissell & Meeds :
l.
■;
-Newhard, Cook & Co.^_^.^^L__ZZZZZZ""y ,-r
f
Expenditures for capital purposes during the nine months ended
Sept.
30,
1945,
totalled approximately
$26,558,000,; distributed
as
follows: domestic crude oil production, $9,961,000; foreign crude oil
Authorized
Illinois.
•
2.0
500,000
—
Company...
Kebbon, McCormick & Co
repayment of bank loans and other obligations, the acquisition and
development ot additional production/ and the expansion of refining,
transportation and marketing facilities,
**
1945—10 Mos.—1944
1945—Month—1944
$2,386,089
income
Total income__w_j.„__
Misc. deducts, from inc.
Total fixed charges
/' V:
;
2.0
''-2.0;Mfi
500,000
500,000
_
surplus.
-(2 > The- balance of- the het proceeds is to be added to the general
funds of the company.
Such funds will be used from time to time
for such Corporate purposes as the board of directors may determine,
Included In the uses to which such funds may be devoted are; the
r
-■
oper; income™.
ry.
.
2.0
■
500,000
.
'
Net
2.4
-
500,000
'
■
Period End. Oct. 3i-r-'ZZ
Other
500,000
_
•
-
.
|
1
2.8
^
600,000
Biddle, Wiielen &
100%%;: and
E.
W. Clark & Co
^
—----Dividends on 'the cumulative" preferred stock, 3.60% series ; B,/ will
.Clark Dodge & Co.:
-1
accrue from Feb. '1,
1946, .and' yviU be payable1 Quarterly Reb./ May/;
Graham, Parsons & "Co.l___Z'_ZZZZZZZZZZ
Aug. and Nov.
Preferred stock may be redeemed, at option of com¬
Merrill Lynch, Pierce, Fenner
& Beane
pany
in whole or in part at any time and from time to time upon
at least 30 days'- notice* at $104.50 per share plus- divs. on or, prior
Stroud & Co.y Inc
to Feb.
1, 1949, the redemption price decreasing 50 cents per share
White, Weld & Co.^_—__j__Z__Z~~""^"~~"~
on
Feb. 2, 1949 and on each Feb. 2 thereafter to and inch Feb. 2,
:
A," G.. Becker & Co.
Inc._____ZZZ~'"Z~~"""""
"1954; on and after" which date the redemption price shall be $101.50
Central Republic
Company (Inc.)_
"""""""
per share, plus dividends.
v
Elkins, Morris & Co
APPLICATION OF ■ PROCEEDS—The net proceeds which the com¬
Harris,'Hall & Co. (Inc.)_IZZZZ""~~~Z"
pany estimates that it will receive are to be applied as follows;
Janney & Co.
utwiiicy
Go
-*1-- -•
(1) $25,375,000 to provide funds for the redemption of $25,000,000
The .Wisconsin Co.^__^
_ZZ""
15-year 3% debentures,- due Sept. 1, 1953,, at 101%% (exclusive of
Yarnall & Co
accrued interest). The premium oTlVfef is to be charged to earned
Bacon,; Whipple & Co
1965,
Baltimore & Ohio RR.—-Earningsi Etc,;
3.2
3.2
700,000
T""""
—
Stone & Co.__l___;__
Hutton*.jc ;co._'_ZL__'__:
e.
soo'ooo
—'
800,000
Co.________ZZZ"""~""""
&
-
Hayden,
,
15,
>
Jan.
&
Union.; Securities
-
.
therealter
100% % J thereafter, to and 'inch
thereafter, 100%.
Jap. *15,
Stone
of the principal amount)
inch Jan. 15, 1949, 103%%,
Jan. 16, .1949 and on each Jan... 16
percentages
'
135
S.
?THE COMMERCIAL & FINANCIAL CHRONICLE
188
hitherto
Gilsonite
is
hard,
a
11
trolpum.
tant
of
in
and
Oil
its
battery cases and
foundry
is
and
inks
C rVldG
storage
making
'
'
P.
Clarence
p.
,2387.
.ft
•
<
V"'
••
V»\ *. "'
'•,*
>"
-V
*•
I
,
.
."Vfti". r.ftft
ft'1 ft
January
'!■
_
Standard's manu-'
formerly chief engineer of
will be President of the new
Hansen,
facturing department,
.
,
Advertising
-3-"
A This
•
1,020,067
82,586
98,767
9,425,645
4,361,810
Retir.
Other
Other
246,090
290,601
1,139,329
1,065,875
52,839
1,212,866
36,606
5,456,372
296,327
profit
Gross
—
Other income
Total
income
.
and
income
f
''
ex-
profits taxes
Consol. net profit
-
nine
the
ended
months
1
$0.63
60ft
ft
' The
•
figures
above
are
to
■
;
reported
ft" T'; 'j.' .'.-.f-i' -.VSV/'ftV ft'/L'ft' 'Operating revenues-. Lift.
con¬
revenues
"•'
,
78,442
Operating taxes v__.L_L.ft ft/:. 60,186
1,895,847
20,042,203
3,004,005
1,160,866
15,441,332
13,327,659
763,708
697,990
8,854,290
8,403,357
•
Net
income.
oper.
income—
Net
—V.
18,016,672
-
162, p. 3068.
Inc.—Earnings—
Ben-IIur Products,
'
—
June 30,'45
$3,128,163
•
52,194
*.---**•
1,
income 'A
"Net
—Calendar YeUrs—
End.
6 Mos.
>•
;
Period—
Sales
1943
1944
-$5,396,324 $3,192,612
Def2,986 •
69,375
'
charges and taxes.
•After
••••"In
;
' *
-
sales which is hoped for during
in
of. the further increase
view
plus the need for new and improved manufacturing
.equipment, it is probable an effort will be made In the near future to
.augment the company's working capital either through public or private
financing,"
XL B. Wyeth, President, stated in his report to stock¬
the next few years,
holders.
r
1
r
•
unaudited balance sheet as of June 30, 1945r showed current
assets
of $1,870,672,
including $21,195 of cash, against current lia¬
bilities of $1,238,098. Notes payable to banks amounted to $849,632,
against $730,415 at the end of 1944.
'
Changes in the capital structure as of June 30, 1945, showed an
increase in the $1.75 cumulative and participating prior preferred from
15,943 shares at the end of 1944 to 18,385 shares as ol June 30, as a
.v
The
result
surrender
the
of
directors in. December of • 1944.
cumulative
shares
preference
preference
shares under
There
>
were
outstanding
plan
a
358,160
March
include:
Arthur
C.
the
of
share
per
Trust
into
have
common
stock
mon
shall
'"
;
directors
the
respect
'
Best & Co.,
The
7ft
of
cumulative
for redemption
will
N. Y.
to. the
be
Feb.
made
convertible
1,
1946,
Bache
Co
&
—
the
at
terminate
of
said
at
the
Baker, Weeks & Harden—
''' V~V v V
.
y
of
stock
Blair
business
f't4'^
'ri
ridge & Co.______—
F. Boynton & Co., Inc._
i
extra
dividend of 50 cents
per
the
on
H.
both payable Feb. 15 to holders of record
stock, par $1,
Jan.
1945.—V. 162, p. ,1164.
May 3,
on
,
,,
Looking
Is
The
to
forward
over,
this
greatly
company
which others
will
is
currently
added
be
increased
campaign
production
levels
weaving
soon
as
the largest and
history.
its
in
22
grades
of
prewar
before
-
quality,
The
stockholders
will
vote
Feb.
Split Up Shares—
1
the
R.
to
S.
Dickson
I.
Boston Railroad
■
A
bill
House
to
on
Agawam,
dissolve
company
has
petition
of
Representatives
Sheehan
of
Brockton,
Tilden
Dickie
of
of
and
Hurwitz
Boston
..
150,000
was
filed
defeated.—V.
to 500,000—V.
last
161,
102,
p,
year
p
by
Representative
.V'liV-"-'"'if'-.
-
1942
$2,296,183
$2,072,330
1,268,823
968,175
$4,483,221'
$3,425,285
,
l,098,43li
$1,328,009
$973,900
•
52,742
&
21,090
$1,340,684
$985,835
393,223
$3,446,375
342,499
151,835
114,012
262,034
179,855
168,317
107,811
2,106,079
528,659
325,046
$817,941
$491,873
$438,965
$2.17
$1.29
$1.51
$1.25
_
taxes
!
&
income
exc.
per share on
stock ______
common
11,935
i
12,676
ft-.
•
other
than income
■;
W
AM
UjJCilLCi
•
the
of
civilian
to
at that
gradual
end
the
t
part of the 1945 fiscal year saw victory for the Armed
United States and, subsequently, the prompt
recon¬
latter
production
the
of
of
the company's equipment on war
quarter of the fiscal year there was
of military goods delivered and
the organization's schedule sufficiently
In'the final
time.
cut-back
the
on
period
amount
found
flexible to effect final change-over with a minimum of delay. Civilian
production once more is the single aim of the company and full
attention
is
turned
to
forward
its
for
plan
fabric
development
and
/expansion.
AND PROFIT—Net Sales for
SALES
$108,199,846,
were
This
record high for
a
with
compares
$93,387,416
the
ended Sept.
year
year in
any
the
in
29,
1945,
the company's history.
previous
fiscal
Net
vear. •
totaled $4,980,728 which, after preferred dividend require¬
equalled $2.63 per share on 1,723,076 shares of common stock.
figures compare with 1944 earnings of $3,934,938, or $2.10 per
earnings
ments,
These
Share
after preferred
dividends and after adjusting the 861,688
outstanding at that time to the current basis.
shares
mon
com¬
TAXES—Total ot all taxes paid and accrued amounted to $11,290,244
compared with $9,639,655 in the previous year, and $7,988,2G6 in 1943.
Repeal of the Federal excess profits tax will of course be reflected in
the
company's
earnings
become
enective
subject
to
NEW'
this
until
next
but
year,
Jan,
.
1,
because
fourth
on
of
repeal
the
such
does
not
be
will
earnings
tax.
STRUCTURE—During the year, the company sirti-s
plified and strengthened its capital structure through the creation of
200,000 shares of cumulative preferred stock (par $100», issuable in
series,; Of this amount 150,OQO shares were issued as 4ft
preferred
CAPITAL
Proceeds
stock.
note
of
5ft
cumulative
this
of
due
$8,000,000
issue
Nov.
preferred
preferred -stock then
used
were
stock,
to
and
1959,
1,
being
outstanding.
prepay
to
a
redeem
all
of
the
3ft
promissory
shares of
debt and
58,602
funded
The balance was added to
capital.
working
.
Earlier in the year stockholders had voted to increase the author'zed
Nashville
M.
E.
Securities
&
Co.___
Evans
2,00(5
2,000
Mitchell & Coi___
1,000
2,000
O'Brian,
3,000
Northwest Co.
Pacific
/
Paine,
Jackson
Webber,
:
:
«Sc
7,000
2
Winslow,
&
West
Riter
2,000
&
'3,000
—
3,000
Co.-j.--
11,500
E. H. Rollins & Sons, Inc._
>•:
Sage, Rutty & Co., Inc.—_ -y 1,500
Schwabacher & Co.-2
3,000
11,500
—
Scott
Co.,
&
Shields
1,600
Stringfellow_!_a__
&
Co
Stifel,
11,500
Stern Brothers & Co—
Co,__
Co... Inc.-——-
Michigan Corp.—
,
M.
Swiss
11,500
Simon
Nicholas & Co.,
2,000
G.
7 nno
Weeden
7,000
Wertheim
fiz Co._-.-__
7.nno
Dean
7,000
Harold
2,000
F.
Haupt & Co
Stone
Lemon
&
Co—
Kebbon, McCormick &
4000
Co._V 3,000
2.000
2,000
3.000
—_
2,000
3,000
1,000
Inc.
Townsend, Dabnev & Tyson
Trubee, Collins & Co.
4,000
Co.-
Co—2
American Corp
Ellis & Anderson___
&
—______
&
--
.
H.
S.
1.000
4,000
Walker & Co
&
Witter
E.
&
11,500
Co,___
&
Wood
Yantis
Yarnall
3,000
Co., Inc.
&
&
Co._-_
3,000
Co.—
&
Co.,
totaled
$37,590,063
4.1
of
2,000
Co.—
Inc.—
.
2.000
2,000
'
totaled
assets
and
$13,555,492.,
regular
dend
on
stock
of
and, in
the
on
1945.
current assets
.
stock
dividend
addition,
This
cents.
25
'
common
quarterly
in
brought
main¬
the
divi¬
paid
1945, compared with $1.05 for
ji
,«r
*_ j.
„
of
split,: company
cents
25
has
share
per
on
September declared an extra
to $1.25 per share the total
stock
new
1944
29,
of $9,163,971, or a ratio
obligations included in current
/
ft
ft* i
Government
DlVlDENDS-LSihce;• the
a
Y-
,
As of Sept.
year.
against current liabilities
Cash
1.
to
-
f
CAPITAL—Company's working capital position was fur¬
strengthened during the
during the calendar year
adjusted share basis.
r
DIVERSIFICATION—During the' course of the
since the termination of the war, company has
position as the largest fabricator of man-made
yarns In the world.
Burl'ngton Mills, as of the end of the fiscal year, ?•
had 54 plants located in 40 communities.
Of that total, 47 are domes¬
tic plants and seven
are foreign, including those under construction.
Thirty-five of these
mills are located in North Carolina, nine in
Virginia, three in Tennessee, two in Cuba, two in Australia, two in
Mexico
and one
in
Colombia.
Construction of additions to several
EXPANSION
AND
year, and especially
further solidified its
.
domestic plants is now in: progress,
ft As
i"*
,
ft ':
1, 1945, Burlington entered the narrow fabrics, field
acquisition of stock in Stark Brothers Ribbon Corp.,
Ribbon
Mills, Inc., Stark Brothers Ribbon Corp... Ltd.,
of
and other "Stark" compan'es with plants in Pennsylvania,
of
Oct.
the
General
Canada,
.:
1,000
Inc.
2,000
2
WORKING
ther
through
2'
Curtis
Perrin,
;
7,000
&
2,00^
>4The Ohio Co.___:__"2—
2.000
Co.
2,000
2,000
2,000
Co.
&
Newton
H
Reynolds & Co
1,000
Stock outstanding.
common
2,000
Reinholdt & Gardner_____
Inc._
&
basis.
tained
2,000
Newhard, Cook & Co.
-.
common
shares from 1.200,OCO to 3,000,000 and . subse¬
the outstanding common stock was split on a two«for-6ne
At the year's end there were 1,723,076 shares ($1 par) common
quently
.
7,000
Co.
Mullaney, Ross & Co
Maynard H. Murch & Co._
;
3,000
&
Johnston,
2783
1276.
1943
$4,694,108
_____
charges
Deprec.
a
3,000
2,000
§ Minsch, Monell «fe Co.—
Moore, Leonard & Lynch._
Hrrr.blower & Weeks—
Shattuck' of
Other
3,000
1,000
Co.__
Co.,
Forgan & Co.
Hayden,
legislation
1945
profit
1£44
$5,746,880
1,263,659
$4,535,963
work
Co.__„2,000
Milwaukee
Starkweather & Co.__
Hallgnrten
Cohasset.
Similar
The
*
2.000
Ira
{& Subs.)—Earnings—
Sept. 30—
income
The
1,500
Merrill. Turben & Co.—*_*
.
Graham, Parsons. & Co.__
Granberv, Marache & Lord
of
insurance,
3188.
Operating
Other
version
—_2,000
I
Green,
benefits/never
for short term, long term and permanent dis¬
comprahcnsive- schedule of payment for medical
and Section 4, unemployment benefits.
a
'
Services
Mason-Hagan, Inc.
i—_
1,000
E. Masten & Co.2,000
2,000
of
certain .forms;of
""O
•2 A.
1.500
Ferris
offers
Love, President, states in part:
11,500
Co._
&
._2__
First
the
Reading
A.
2__
Glore.
President, said
and liberal* in all
$1,408,568
2,000
Rhoades & Co.
__*__2
Farwell, Chapman &
V
Massachusetts
Scituate,
Porter of
been filed in
Dillon
Easfman.
Co.
Fahev, Clark & Co.___2___
Holding Co.—Would Dissolve—
the
&
duPont
Estabrook & Co.___i
approving a proposal to split
a
three-for-one basis and on
shares of common stock from
2,
.
Earnings
purchased
2,000
Co—_____2i
&
& Co._
Clement
■
1,000
&>
2 McDonald & Co
2,000
Francis
:
'
on
up the outstanding
common
stock on
increasing the authorized number of
1,000
Dain & Co.—
Inc.
Booth Fisheries Corp.—To
—V. 162, p.
.
the 350,000
Legg & Co
Laurence M. Marks 8c
2,000
2,000
Dempsev
possible:—V. .162, p. 3187.'
as
M.
assuming
Bristol,
P.
—V. 162, p. 1635.
Mackubln,
1,500
2
Davenport
most com¬
,
Loewl
1,500
2
Curtiss, House & Co._
has scheduled
company
advertising
1
Lazard Freres
Carl M. Loeb,
Coo'ey & Co—1,500
2,000
Courts & Co..
Bigelow-Sanford Carpet Co., Inc.—Advtg. Campaign-
prehensive
W.
Clayton Securities Corp.—
J.
year
,
Clarke Corp.—
National Corp
Richard
„
Henry
2,472,139
organiEvan L.
Scott to
Laird, Bissell & Meeds____
Byllesby & Co., Inc.*
Central
25,
Quarterly distributions of 25 cents each were made on this issue on
May 15. Aug. 15 and Nov. 15, 1945, while on Feb. 15, 1945, an extra
of 40 cents and a quarterly of 40 cents were paid on the old no par
common
stock which was outstanding prior to the two-tor-one stock
split-up
7,000
11,500
7,000
Inc.——3,000
7,000
Co..
&
H, M.
com¬
benefits
Section 3, life
brother,
A. Af. Kidder & Cd.-_-.2___
2,000'
Brothers
Buckley
Burr
shar*
without cost/ the company
.•,
<
./•• 22;
plan,
in- addition it
Section
ability;
care;
Shares
"
V,
regular quarteily dividend of 25 cents per share
Inc
Co.,
&
Bosworth, Chanute, Lough-
Inc.—Extra Distribution of 50 Cents—
have declared an
Stearns & Co,__
Becker & Co., Inc.__
G.
A.
2,000
4,090
3,000
4.000
2,000
Burge & Kraus
Ball,
Bankers
preferred
close
Whipple & Co.—___
Bacon,
pre¬
at $110
the
number' of
Brothers
20,500
Webster and
Blodget, Inc.
—
20,500
A. C. Allyn & Co., Inc.____
7,000
Arnhold and S, Bleichroeder,
:
Bear,
conversion
and
cease
on
of
Expenses
Corp.—Preferred Stock Of¬
Stone & Webster and
&
Stone
1946, 10 days before date of redemption,—V. 163, p. 66.
.
and
shares
called
dividends. ' Payment
and
rights with
Jan. 22,
on
been
16 Wall St., New York,
Co.,
All
outstanding
stock
employees
its operation.
Bulova Watch Co.
and
Brothers
•
All
sickness
and
Federal
Bruce
Inc.
ferred
to
of
scope
effect,: and
3 Mos. End.
Officers—
Secretary,, and
to
Lehman
Berland Shoe Stores, Inc.—Calls Preferred Stock—
the
Gross Income
1.
Shares
(10
are extendtd
entire expense
;v
preferred stock and the several amounts to be
by them, respectively,' are as follows:
•
;
,
by
of
1944 period,
PURCHASERS—The names of the several purchasers of
in
shares
adopted
shares
'■>
extended to employees in industry,
such as those fixed for
long-term and permanent disability,
Composed of four parts, the plan under Section i covers accident
~;
-
shares of new
307 shares Of the $2 non-
and
j>
Security
Revolutionary
before
2938.1
p.
p."2574.
par) common.—V.158,
cent
non-cumulative
3,663
of
prior preferred
for 2,442
exchange
162,
*
employee benefit
Detailing
•in:
■
Stanley & Co. and associates for 101.32.
,
As a part of the public offering the underwriters are,
subject to prior sale, affording to holders of the com¬
pany's old preferred stocky 5 %' Senes, the right to ex- ,
ft change their old. shares for^ shares of the new preferred
stock, 3.60% Series, with a ca$h adjustment of $2.8072
as to each share of the old sfpek, ?<!; v; i
>
' >• ;*
The preferred stock, 3.60 ft series, will be redeemable at the optioii
of the company, as a whole or in part, on not less than 30 days' prior
notice at $105.85 per share if redeemed on or before Dec. 31, 1950,
and thereafter at $104.85 per share, in each case plus accrued divs;
USE OF PROCEEDS—The net proceeds to the company from the
sale of
the 350,000 shares of preferred stock, exclusive of accrued
dividends and after deduction of estimated expenses of $130,000, are
estimated at $35,367,000.
Such net proceeds, supplemented by other funds
(estimated at $1,383,000)
to be obtained from the cash re¬
sources
of the company, are proposed to be applied toward the re¬
demption, on or about Feb. 14, 1946, of the presently outstanding
350,000 shares of the preferred stock, 5ft series ($100 par), at $105
per Share plus dividends to the date of proposed redemption.
T On or about Jan. 18, 1946, the company will deposit in trust with
Marine Midland Trust Co. of New York funds ($36,750,000) sufficient
:
to
redeem the presently outstanding shares of preferred stock, 5ft
series, and on or after such date said funds will be available to the
respective orders of the recortj holders of such shares.
[For summary of earns., capitalization, history, etc., see V, 162, '
$
94,310,977
•
V.
r'.V/.y
j
management believes it "is the most complete
industry." Basically, it provides a much greater degree of protection
than is afforded by standard employee group coverage contracts now
passenger
Blodget, Inc. headed a group that offered on Jan. 10,
350,000 shares of preferred stock, 3.60 % Series ($100
par), at 102.85 a share and dividend. The banking group
was awarded the stock at competitive bidding Jan. 8 at
101.42 a share. One other bid was submitted by Morgan
9,117,630 104,865,187 " 94,232.535
ft 6,060,917 69,381,652 62,888,204
9,949,262
6,885,071"
_
expenses—!.
Operating
9,125,188 104',946,984
•> 7,558
81,797
Revenue
1944.
Buffalo Niagara Electric
•' ftft i.-ft:'--;ftft
$
$
'
\8,317"
rev.i ft
tmcollectible operL
Operating
$'
9,957,579 V
in
to Executive Vice President,
Walter J. Wood and Lester C.
members oi the board of directors,—V. 162/p. 1884. :
1945—11 Mos.—1944
1945—Month—1944
30---
capital charges.
'•
the
inaugurated during the year were flights from Denver,
Colo., to Memphis, Tenn.; Dallas, Texas, to Denver; and Tulsa, Okla.
to Houston, Tex. Service was resumed between Houston and Dallas.—
V. 162, p. 2812,' •
• .
V
: (;
i' *
I'1 "
^
1 'V i' v/.
V
Fellman
Pennsylvania—Earnings—
Bell Telephone Co. of
Period End. Nov.
t
Passenger Miles Show Rise for 1945—
the corresponding
by
zation
1944
$6.85
the
%■
'
•
(E. L.) Bruce Co.—Elects New
".
...
plan
transports.
This brings the
to 155 with a dollar value
far ordered
E. L; Bruce, Jr., has been elected President,' succeeding; his
the late Robert G. Bruce. Other recent changes in the Bruce
$243,952
' • - $5.93
$281,616
ftftft .'"ft ft-V
:
"••
/
1945
30—v
alter charges and taxes.—
Earnings per share on 41,125 shares—
V. 162, p. 779.
■
Martin Co.
Glenn L.
with
order
an
twin-engine
so
1
fered—Lehman
9 Months Ended Sept.
202
,
Sales Up 7.4%—
Net- profit
placed
planes
,
'
f Bellows Falls Hydro Electric Corp.—Earnings—
'
and
Co.—Installs
services
New
$2.91
sales under Government
of
exclusive
>
$2,028,462 $28,113,695 $28,121,414
plan which marks a revolutionary step in that
covering sickness, temporary and permanent disability, medical
expense,
unemployment and death payments, has been adopted by
this company, it was announced on Jan. 8. All of the benefits of the
'
162, p. 3187,
tracts.—V.
has
Model
new
Martin
miles
over
service
1945—Month—1944
1945—12 Mos.—1944
$3,429,035
$3,192,353 $28,985,688 $28,371,955
Sale3
$2,395,379;
earnings
Plan for Employees—
An
1,800 persons are now on the payroll, a new high for the comand an Increase of 51 ft over the number at the end of 1944.
airline now operates a total- of 17 DC-3 planes, five of which
were returned by the Army during 1945. Two DC-3 type aircraft have
been put, into service as airfreighters. Five DC-54s have been delivered
to the company and are expected to be converted for 56-passenger
.
(A. S.) Beck Shoe Corp.—December
Period End. Dec. 31—
$4,077,321 $59,457,476 $53 279 919
2,348,859
21,343.781
25;i58',505
,
Over
after preferred dividend requirements to $2.57
a
share on presently outstanding common shares,
against $1,390,897
and $2.24
a
common share
for the corresponding nine months of
last year,—V, 162, p. 2811,
,
;
.
,
;'v; v'
"• i
^I ' »* < y-A :*?'
y-vr.y>< *.V
'•
i'1
_
;•
>
The
3,742,500
1,825,805
$3.27
t
15,611,251
'
pany>
*-
1945, net profit amounted
30,
Nov.
3,277,413
Bristol-Myers
54ft over the
miles showed a ^
similar Increase of 57.7ft. The number of passengers increased 58%.
Air mail
totaled 5,311,312 pounds for the first 11 months,
while
express pounds totaled 1,208,169, representing increase of more than
equivalent
$1,506,216,
1945—11 Mos—1944
$5,672,792
—;
•Subject to depreciation, amortization
3068.
V-4\
v 0
V'
of
excess
5,406,083
5,568,305
3,821,000
1,931,699
870,500
378,972
$0.63
Earns., per com. share.-
•
"
figures released by C. G. Adams, Secretary-Treasurer.
Revenue miles totaled over 8,250,000, an increase of
5,285,880
282,426
,
5,752,699
;
'
-
730,500
388,214
cess
For
1,249,472
Vr
1,118,714
____/
for Fed.-nor-1
Est. prov.
mal
—
p»
Airways, In*c„ flew more - than 388,000 revenue passengers
150 million:-miles during 1945, according to1 preliminary
Braniff
in
1,313,699
Proy. for depreciation
Its
new
Revenue
929,244
6,365
88,296
8,402.220
3,670,216
_L—■—
of
-..exceeding:- $31,000,000.*
355,399
•
1945—Month—-1944
oper.
expenses
1,647,433
'
corporation
of
18
total
275,440
16,708
annuity prems.-'ftftft
26,529
sell. & deliv. exp.
2,597,288
admin. exp._L.___
1,186,612
:
Taxes
Interest
'
384,531
•Net
Braniff Airways, Inc.—Orders Martin Transports—
■fv
■
98,155
240,598
3,682
24,799
2,281,765
953,212
106,828
.
y
1635.
p.
961,768
1,094,240
1,265,312
1,364,659
15,892,307,;
162,
from
earns,
960,012 ;
!
1,748,660
'''
Operating
filed,
704,151
ft. 239,475
^
146 186
_
Insurance
Rent
•
Total
—V.
120,166,778'108,524,273
93,152,307 84,623,510
3,644,610
2,944,620
169,370
924,673, , 541,492
125,843
476,080
363,331
1,019,158
Repairs and maint,——
•
C
.
-
^
"
December
31,930,537 >27,722,451
25,010,348 21,617,403
■
~_i
sales
of
,
i
saies
company
Cost
storage
incl.
sales,
1,240,125
1,384,018
Gross
1,070,793
.
1,008,013
1,013,476 v
1,074,119
,
l
November
•
for
Net
^
—
Ootober
1945—12 Mos.—1544
1945—3 Mos.-—1944
1,113,056
the comPany. since 1934 as an associate
'Ly:.;,:..v, :.-'t
•
v..22:r2
••-"♦I-j*! A 'A.JI
/■-
Brazilian Traction, Light & Power Co., Ltd.—Earnings
V
.
1,185,410 v;
1,278,676
!
September
,/
(& Subs.)—Earnings—
Beatrice Creamery Co.
i.
July L—
Barnett,
President
Period End. Nov. 30—
__•:!>•
:
:
^August
formerly Vice-President and a director, has
been
elected
of this company and of the American-West
African Line, Inc., and the other operating companies in the Barber
group.
He succeeds Edward J. Barber,who now occupies the new
office of Chairman of the board of
the Barber group.
Edward J
Barber Jr., son of the Chairman, and Terence P. Cook
have been named Vice-Presidents of the Barber group.—V. 116, p. 80.
'
G.
with
attorney.—^V. 163, p. 66.
,
: June
Y.—New President—
Steamship Lines, Inc., N»
Barber
•
'itMay
'>>
*
••■•.194s
164*
•
1,622,025,
1,514,271 "■'•••:' 1,542,646 :
1,432,209 v
1,561,456 ,;a
1,810,939
!
^
February:
March Ar.:
Period End. Nov. 30—
company.——V. 162,
:
Vincent
reports
company
cubic feet as compared with
resistance to acid, it is used in the manu¬
its high melting point is impor¬
forms. It is also used in paints, varnishes
considered as" a possible future source of synthetic
of
Because
facture
Jacob Sicherman, Buffalo, N. Y., has been
appointed as General At¬
torney of this corporation and its subsidiaries, according to A T O'Neill
President.
The appointment became effective on Dec. 31
Mr'sicher-
output for December, 1945, of 1,748,660,000
1,647,433,000 cubic feet for December, 1944.
Output, compares as follows; in cubic feet (000 omitted)'?;:,,.^.;.,.;,;
;The
.
shiny,
j
y General Attorney Appointed—
Co.—1945 Output Up—
Boston Consolidated Gas
fields in eastern.. Utah and western Colorado
by Barber Asphalt Corp.
/,
V
black substance closely related to pe-
The gilsonite
been owned
California.
have
Monday, January 14, 1946
West Virginia, Canada and England. This group of com¬
Is the world's largest producer of ribbons.
Expansion of Bur¬
Mills' broadloom fabric product'on into Canada has, since the
of
the
fiscal
year,
been made through an
arrangement with
Virginia,
panies
lington
end
Textile
Dominion
Co.,
Ltd.,
of
Canada,
through
stock
which
owner¬
ship Jn a new company, Dominion Burlington Mills, Ltd.,
will be
equally divided between the two parent companies. Hosiery operations
are
being exDanded into the foreign field.
During the fiscal year
a
sma'l full fa^h'onea bos'erv Dlant was nurchased in- Cuba and an
Interest
With
was
Sunspun
turers
in a full fashioned hosiery plant in Mexico.
further divers'fying Burlington's ooemtions in the
the latter part of the year Burlington purchased
acquired
object of
the
field,
decorative
In
Manufacturing
and
distributors
Co.
of
of
Asheboro,
chenille
North
tailored
and
Carolina, manufac¬
bedspreads.
Nylon
caoacity was expanded early in the fiscal year by the pur¬
chase pf Harriman Hosiery, Mills, thq,second .largest manufacturer of
seamless hosiery in the United States.
The seamless machines acquired
hosiery
.thereby
less
will enable
Burlington to offer a complete line of both seam¬
hosiery, which is currently in production
and full fashioned nylon
again.
ft-
'"
-
'
'
*
'
•
■
•"*
-
-
-ft'-'
•
ft
Dec.
7, 1941, to the end of the war
kept its production schedules ooen for war orders,; and
during this period produced 143,363,830 yards of cloth and 36,234;4€8
WAR
PRODUCTION—From
Burlington
"ClU.i1
'l*;r .:w
/Volume 163
V.'pounds
terials
denier
pylon
Number 4455
-
of yarn for combat purposes,
Nylon, rayon and cotton ma¬
went
into over 50 different war products
ranging from fine
nylon and rayon parachutes to such heavy constructions as
flak screening, cotton duck and cotton tablecloths.
These ma¬
terials
produced
were
normal
civilian
goods
almost
exceed
the supply.
there
as
is
structure
and
a
entirely
production
OUTLOOK—Demand
;
THE COMMERCIAL
for
all
of
fabrics.
rayon
classes of
textile
The full extent of this
considerable
amount
resulting from unbalanced
from
of
equipment
on
'
distortion
the
in
for
time
some
demand
for
staple
and
the
gauge,
much
of
Previous
continued
yarns
under
products,
Government
restric¬
INCOME
Earnings
Gross profit
-
J.
-total income
Other
exc.
for
Federal
Prov,
for
State
Net
profit
of
income
subs,
969,226
5,860,224
taxes.—
2,188,465
2,008,153
497,537
taxes—
cos.
applic.
740,788
,114,491
stk.
common
1,723.076
$2.63
——
CONSOLIDATED
receivable
(not
cos.
receivable—,
(sundry.)—-—
-
-
-
■
For
for;losses)
in
Sep. 30, '44
formulae,
v**—
,
——,
taxes
:
—
contingencies—-
——
for
discounts
1945. and $119,299 in
tization
of
1944.
$11,462,114
in
3,372,380
and
and
42,785
and
for
reserve
of
value—
The
in
1944.
in
1945
and
Jan.
on
691,073
$2,726,451
directors
wipe
■
^
1944
.
$2,976,737
392,557
The
or
Gross
income
and
Provision
for
$293,491
in
debts*———.—
Federal
normal
Federal
excess
income
Aviation
FR-1
12,668
■
possible
order.
mechanical
if
reasons
Net
income ,l_U
Dividends
Earned
;$76,512
21,717
25,000
the
236,873V
by
Cr23,687
share
per
capital stock.
on
•
$68,739
40,000
—
schedules
possible»
as
1
;
set
,
orj/ jhand
ASSETS—Gash
-
SHEET
.40,000
40,000
$0.17
$0.17
$0.19
AS
and
OF JUNE 30,
1945
.LIABILITIES—Accounts
$562,500;
deposits
and
payable—trade,
for
effect
l-aachild
$96,83(8;
notes
Cargo
added:
The
)
1
race
meetings
of
Rhode
and
the
Island
authorizing
Association
the
received
conducting
from
the
of
the
Hill
conducted running horse
as.
/
race
meetings
field
which
in
the
>
racing
plant
p.'980.
•
-
,
Capital
seized
type
will
and
in
be
fine
of
working
availability: of-sufficient
Frank
G.
Net Sales
holders.
aside
earnings
by
In
the
board
of
excess
£-Ve 162°p °2142
Total
of
the
to
directors
dividends
"the
use
separate sinking fund
consisting of 10% of the net
pa;d during the vear on the nre(-
C011T'Pany for the hscal
to
c°r
to
—ratl°? Lad sales of $26,604,322,
war
contracts,
S,.n
^
.f
quaiter ended
.t
was
i
in.
Sept-. 30, 1945, amounted
pursuant
to
war
Nov.
1945.
30,
d8%-owned subsidiary,
to
4%
relations
metal
capital
with
-v
-.
outstanding
.
v,'..r
■■■>■.-.
■■
Co.
series.
the
purSales
the
at
beginning
-
and
a,f;o ' e respective periods were not reported,, the companv said,
n)RI°r Portion of sales or operating revenues pursuant to
co"ll£lc.ts hi each pasc comprised articles which in general are
pioduced
Jan.
the
to
receipt of
orders
therefor.—V.
162,
p.
349,
• >: •
$100
Ltd.—Accumulated Dividend—
1/a per share has been declared on the 6 la % prcpayable
March
20
to
W?roIl0UtSn'Ual A1S'io]stributi*ns of $L25
Vs f«o
—V.
S-il V '
lbJ,
-
p.
A
ob4.
'
'
holders
record
Feb.
each-were made.
ij ls stiited. amounted
,-i'V
of
to $40.25
*
,
per
22.
Arrearshare.
be
>
Diesels
capital
:
of
directed
7
a.
m.
the
bus
~'
State
on
Jan.
These
8.
The
shares
expire at 3 p.m.
new
or
the
:
;
corporation-at
at $40 per
i
fcr
old
•
59,009
■
$505,262 t$l,102,039 •$2,208,414
:
1,247,445
warranty
1,183,146
3,279,283
*'
><
.
500,000
to
capital
on
accounts
of
stock
common
;Federal and State
<
Crl01,870
—-..u-
$1,750,827
issuance
dividend
Brl,880
$4/483,192
$3,891,560
.
surplus
*
as
div.—.
i,750;C0O
stock—
tax;adjustments^
t,
;
-j-u—
280,000
,
350,000
'
^
^•V'prior';years:'i:£CyivA*V£:-i*iiVi%>y:::;:^^
Adjustment
were
settlement
due
to
pf prior
35,282
renegotiation
years-.-.-—___
at
$31.25
22.
Jan.
47 485
1,205,746
226,995
r——
-
per
the
share
cn
and
from
has
the
or
prior
per
to
share.
already
sale
providing
after
to
been
of
March
for
of
or
prioxv to
to
Jan.
120,000
shares
headed
Co.
&
and
ASSETS—Cash,
other, $54,068;
V
<
of
>
587;
preferred
stock have
31,
stock which
is
1946,
'
'
of
trade,
plant
property,
$283,083),
Merrill
y1"
'V:--
been
underwritten
$6.31
settlement;
1945.
-
:.>;.s.
•
,.
$12,119;
inventories,
$147,-
contracts.'$3,064,294;: estimated
from
and
re-
j
equipment
(after
reserve
payable,
salaries
and
profits taxes
amortization
banks,
fo| deprecia¬
and prepaid
a
V
•
payable.wageSi
$206,270;
interest,
$10,730;
(after estimated tax refund resulting
of
$3,000,000;
emergency
accounts
facilities
$142,872;
of
$489,145),
price
employees'
war
adjustments on
bond deductions,
$10,463;
sundry' current, .liabilities,'"$3,56.1;
reserve
for conversion
from war to peace time operation, $1,586,030; capital stock (par $1),
$700,000; capital surplus, $1,457,357; earned surplus, $1,703,342; total,
$11,209,628.—V. 162,- p. 244.
;' :'y
C,:
"
$1,059,243;
war
'■
.
excess
accelerated
and
$750,793; sundry deferred charges
total, $11,209,628.,:''' :
'/V-
$28,697;
$213,120;
income
,
Lynch. Pierce, Fenner &
Beane, Union Securities Corp., Clark, Dodge & Co., Eastman, Dillon
& Co., Hornblower & Weeks, W. E. Hutton & Co., and Julien Collins
& Co.—V. 163, p. 67. '
Brothers,
.
$1.57.
'
renegotiation
receivable,
interest
production
war
LIABILITIES—Notes
con¬
by Harriman Ripley & Co.,' Inc., and Hemphill,:
which includes: The First Boston Corp., Kebbon,
Co., Lehman
■
$3,279,283
VV-
$2,208,646; U. S. Goverment securities (at cost),
receivable—trade, $380,422; accounts receivable—
accrued
terminated
$133,802;
tion
15,
will be used for machinery, equipment
the corporation's program of reconverits present plant in Syracuse; for additional
the construction and equipment of a new
new
$0,72
,
\
negotiation. rebate resulting from accelerated amortization of emergency
facilities,
$178,900r; post-war refund of excess profits
taxes
(1942),
It is reported that about
converted inter common
'V;V/":
,-y
$4,250,300;,; accounts
the new preferred stock, to the
redemption cf any unconverted
and for
the Syracuse area.
McCormack
:
into
complete
modernization
•
$1,205,746 "as result of
by
$1,247,445
BALANCE SHEET, SEPT. 30,
present preferred,
capital,
group
&
on
stock at $20
'
items
end of period.
♦Reduced
,
the holders' option,
thereafter and prlof
share
•
,
'
' ''
Balance, Sept. 30. 1944_.^$1,703,342
Earnings per share outstanding at
■
.
preferred
proceeds
available
of
working
Noyes
/ 198,897
7,484,111.
.
2,714,393
21,549
tReduced by $49,385 as result of renegotiation settlement^
(
net
sion
a
166,897
83,625
<
831,568
Sundry proir .years inc. & tax adj.
of
: ; 477,372
«
to peace
war
!
*'
'
-
adjustmentL-.^*^_^_wV
policy
result
the
properties
90,239 *
surplus
expenses,
redemption
common
the
retoted
The
and
82,506
11,210
from
convex-,
'
841,953
<
1,410,346
tax__
430,944
-'
"•
24,577,
*
3,704'
146,537
•
1,243,176
;
profits tax_
excess
Total
V'V
to
1943
J
1
assets
income
Net
.
into
and
by
convertible,
are
on
zl.
'
.
normal and surtax
Previous
are'being
being offered
called
extent
shares
the
to
insure
of post-war
needs
1944.
.
108,92(?
Restoration of reserve for
Cash
system
corporation's presently outstanding 416% preferred
be
stock,
•
should
$21,126,862 *40,617,938 $71,032,393
16,981,404
34,247,181 57,485,585
751,720
1,294,883
.l,769,164r
*
income
Prov. for
of: Defense Trans¬
trolley
the
to- meet
and
company
FISCAL YEAR ENDED SEPT. 30
expenses._„„__
deductions
Federal
this
expect
■■
Office
and
the-wav.
to
»/
the
institutions
deprec. and amortization
fixed
.Federal
/«
•
and
of
charged off_—j
:
Sundry
useful:
most
<
and admin.
Translerred
shares
,
70%. of
Canada Cement Co.,
/v daiVAden,dS °f
feued stock, par
will
offered, pro rata, at $50 per
shares of the new preferred stock for each 100
stock held of record at. 3 p.m. on Jan. 7.
The rights
-
factory in
*
now
for
pumps
Washington
12:01
at
^
prior
The
of 22
of
' "
vertible
the
rate
1951,
15,
The
v-
reconversion.
organization of engineering,
fields.'.'
The
common
stock
common
will
>
of
prior
construction.;■(,.
position
banking
LL
income
Prov. for
Corp.—Rights to Stockholders—
shares
1956.
in
made
we
on
return
subscribe
Jan.
$1,142,244, of which $933,318
contracts.
a^Ulfc;of,.war 'contracts.:
?"
an
$1,159/464
including
the. fiscal quarter ended
s AsfCoiation,
?
o
problem
substantial
a
decision
The
year ended Sept..30, 1945."
■'V'VV;
.-,-:
by
shares of
and
Las
been
1945
has
-
Interest
recent
lative)
California Packing
Corp,—Reports Large Volume—
suant
to
Transit
share.at
'-^ken in order
sei
war
busy
our
,
•
«#
.
(after price adjustments) $20,790,059 $40,385,571 $70,729,401
>...
336,803
232,367
302,992
Bad debts
Corporation is olfering to common stockholders about 118,257 shares,
out of a total issue of lzC.COO shares (350 par) preferred stdck (cumu-
1.
Feb.
noon,
with
;■.
Carrier
Love,
Treasurer, announces that the company will on or
1946, receive bids for the sale'to it of-shares of
iZ', iCUU1ae Preferred stock at prices to be named, by the stock¬
before
ror- the
-.
General
Presidential order Nov. 21 following a strike of employees.
to turn back the-properties to the .company followed
ruling by the board of aibitration calling for a 12-ccnt-an-*
hour wage Increase. The company will submit the increase to stabilization officials in a request for higher .fares.—V.1161, p." 2215.
,
a
.
•«
engaged
was
1945
Capital Transit Co.—Returned by Government—
(A. M.) Byers Co.—Offers to Purchase Preferred Stk.
-
troublesome
no
..v.. ■■/-,..
•
The
■
,
of
one
the
President Truman
.
■
r-
portation
/•>•
%■
have
left us
war
During
be
to
.
horse
will be: used in the construction of the new horse
which will be known as Lincoln RactS track.—V.
162,
and
the fiscal year
which amount
for
'p,,:*!:;-
company
continued
production ; program for many
many inquiries and orders that
parts.
which is known
that track,
on
Pascoag Park,
.The, net .proceeds
-.
.
1
-
;
$1,116,640,
1944.
year
INCOME STATEMENT,
.,
.
con¬
major
American
Other Income.,
different uses have brought us
so
years of: busy output are ahead
to handle the business-already signed or asured.,
s,
"We have had inquiries lately from such varied interests as man¬
ufacturers of airplanes, automobiles, Diesel engines, refrigerators, and
beverage dispensers. From Greece,. Brazil, Australia, France and Eng*
land we have had requests to-supply them with Titan pumps and
of
the Town of Burrillville, R.
I., its consent to the conducting of
—tinning horse races; on: a track: then In existence ip the
Village of
Pascoag. in the Town of Burrillville.
The Association has to date
North
to
same
fiscal
the
business.
"Too, the spectacular success of the Titan pumps made by CandlerHill during the war and the large variety of pumps on the Candler-
Council
Town
"We
-
manufacturing talent whose experience;
developing our new peace-time activities.
in
The
State
company
furnish
A.rpiane ' Cd.
<■
riefund
of
amount
improvement
$30,959; accrued expenses—pay-;:
taxes, interest and sundry other ex* >t
and
•
the
the
Additional
to
Navy Decklighter to Ryan Aeronautical
cutbacks offset the additional volume
the
and excess.profits: taxes, $277,056;>
withholding tax, $36,801; dividend payable, $40,000; common stock (par
$i.i, $400,000; capital surplus, $832,272; earned surplus, $459,666; total,
$2,351,672.—V. 162, p. 4.
end of .the
from
1945.
year
airplane
and
auigine
of
volume
year
fiscal
payable,
According "to Thomas B. Wright,' President, the company's expansion
plans will be announced shortly and will be found quite extensive.
Sept. 1, 1945. and mature Sept. 1, 1965.
Association was incorporated in Rhode Island June 26, 1S41,
primarily for the purpose of conducting running-horse race meetings.
Upon its organization there was issued to the Association a license
the
and
the
Candler-Hill Corp., Detroit—.Plans Expansion—
•The debentures are dated
of
close
war contracts of Cessna
result of the end of hos¬
,
the
on
the
Packet
Propelled
the
a
fiscal
the
a; renegotiation
in
the
as
-
,
the
at
.
.
prepayments,
roll,..capital, stock tax, franchise
penses, $214,522; Federal Income
amor¬
per unit.
162,' p. 3188.
the coming of V-J Day, all war production
for
C-82
Jet
for
up
practically
came
secured 'during
and
single engine
$83,242; .goodwill (after revaluation reserve>, $1; total, $2,951,672.
He
$500
quarterly dividend of $1
stock, par $100, payable
For offering, see V.
The present plans provide for the production of a line of airplanes
ranging from. a .light two-place, to. a luxurious four-place, with the
line including four; different models,
All these planes will be of the
VFVi,
cer¬
banks,„.$494,130;, U. S. Treasury
values, $764,778; trade-marks, $1,851; deferred charges and
sundry assets, $43,071; po£t-war refund of Federal excess profits taxes,
$6,686,197
units of $500 of debentures and five shares of stock at
initial
company is devoting its full effort on
speeding up the introduction of its post-war products,, ;It is the present
intention to concentrate the efforts of the company
in the personal
tificates, $250,000; accounts receivable ■(net), $458,773; accrued interest
$679; merchandise ihventory, $855,146; fixed assets—depre¬
in
Burrillville (R, I.) Racing Association —
Financing
Completed—Barrett & Co., Providence, R. I., announces
that the offering of
$1,000,000 6% 20-year debentures
and 10,000 shares class A stock (no
p^r) has been suo
cessfully completed.
The securities were offered in
i9<*5 were as follows: March
15, $1.50
each.—V.
162,
y- FUTURE PROSPECTS—The
$67,439
ciated cost
>
.„
1946.
applicable tax credit cn the gross refund, a decrease resulted
the amount of $47,485 in the net income, as shown in the annual
report
receivable.
{After deduct-
.
become
(Tex.)---Initial Dividend—
reduced
material
a
the
Inc.
airplane
BALANCE
to arrange companies in exact alphabetical
However, they are always as near alphabetical
position
will
issue.
^
not' always
is
this
Dec.
an
Mfg. costs & other pit. oper. chgs.»
AO r£—For
of
holders
basis of sett.ement as was agreed upon.
With the War Price Adjustment Board for fiscal year 1944. Renegotia¬
tion proceedings for fiscal year
1944 were completed in July,
1945,
and
the final agreement
provided for a gross reiund of $3,529,300
which was $154,300 or 4.6% greater than the amount which had been
provided for in the annual report for that fiscal year.
After deducting
22,948
-
for
established\on
-79,293
.88,567.
Cr8,857
—-
share
per
6%
the
on
to
on
preferred
15.
War II
$20,790,059
Fireball
been
$429,583
36,814 vjf
84,182
$4
15
$1.50
completed. ' Previously,,
and
been
Proviston
fe-f
"
43,486
41,430
of
Feb.
accumulations
in
and
declared
2
Corp.; but the cancellat.on
P$ecuri!<i" • v'
$416,915
'
2,952
tax-——
profits;,taxes-—
Post-war -refund
r!
55,650
15
cumulative
World
had
had
assemblies
2,000 '
depreciation—
of patents.
—L—
Sept.
Europe and with
This
tracts
316,323
.
34,321
paid-
back
totaled
'
2,359,470
;
$273,023
35,658
—„
discounts
for bad
payable
an
stock
prtuerreu
4%
of
just
year
cut
were
$3,092,708
$252,369
20,654.
10,235
,
out
payment of
about March 15,
Jan.
on
the
on
ending
fiscal
•
$233,197
—
objected
Cessna Aircraft Co.—Annual Report—
1943
r
2,331,872
425,802
dividend
a
$100,
par
win
Feb. 1 to holders of record Jan,
tilities
2,537,329
—>
—
-
had
mortgage,
163, p. 67.
quarterly
payable on
which
$3,246,328
——
exps,
consolidated
declared
2
stock,;
This
regular
share
per
2643.
p.
road's
Central Power & Light Co.
The
6,000
1,676,050
1945
operations
on
1,400,000
and
the
Payments on the 6%
15, $4;
and June
15,
p. 2637.
Corp.—Earnings—
——r
& gen.
profit
Interest
4,920,000
depreciation and
$9,299,088
iagvBv S. Ti^asurri tax dotes bf ; $9,648,173
Jn I944.r-V. 163. p, 67.
160,
Ry.—Plan Changes Disapproved—
denied
8
preferred
Jan.-21.
next
due
44,504
'
1,676,050
1944.—V.
in
sales
Provision
852,834
3.002,971
$177,333
directors
record
1,
797,876
$867,760
capacity of its English unit,
annual output of 150,000,000
an
:
under
trustee
The
54,233
11.250
—
par
.to
$254,691
37,204
—
of
$55,108,640 $50,560,997
doubtful, accounts
on,.Jan.
cumulative
J.'jr, P.: f t
A'
,
plant
the
London,
Central Illinois Public Service Co.—Pays Accruals—
v
$2,726,451
$2,855,072
—
sales
Net
$3,'hC)1955
1,400,000
—«
+After
1945
-
$289,908
Other; income
"< 958,349
283,310
11,900.171
;
1,037,233
$3,875,398
triple
to
near
2637.
p,
granting of the Liberty's petition.—V.
■K
>35,905
Minority Interest in subsidiary companies,—
386,512
11,754
4Ci preferred;
15,000,000
5%. preferred stock(par
S1001U
6,185,200
Common :stock;j.pap.$lLu—^—i-i""
1,723,076*
861,688
Capital surplus
;w
14,318.056
14,976,586
Burned surplus
13,112,026 ri, II,266,649
reserve,
1
—
1
$2,855,072
adm.
534,845
102,686.
cf
Y.,
to
37)608.
24,300
22,550
;
$55,108,640 $50,560,997
(trade>
payable
for credit and other
N.
447,082
43,605
.
income-—..—:
on
surplus
Seli.,
17.511,752
133,52645,470
1 464,770
3,176,775
13,220,123
1,076.209
Sundry accounts payable and accrued expenses, ;
3,545,155
^Dividends payable——1,011,538
^Reserve for Fed. and State taxes on income—
736,880
Long-term debt: 3% promissory notes————
:
;
•After,
—
taxes
goodwill
'
$7,000,building
wide-scale
a
:
482,428.
——————
-
Amortization
_1
——
—
profits
excess
plans to spend
of
^
; ,
•
—
^
,
expenses
Cost
••^^LIABILITIES—.srt
Total
and
;
————1
1945
Net
145,187
18,917,191
„
policies
profits tax refundable—-s.
Sundry Investments—,:
tLand. bldgs., mach., fixtures and equipment—
Deferred charges
—
Accounts and acceptances
:.
-
-
6 Months Ended June 30—
3,177,395
146.076
Excess
Reserve
.
60,063
-»
this company
said
a
petition of the Liberty National Bank
Co., of Savannah, Ga., for modifications in the approved
reorganization for the company.
The Bankers Trust Co.,
Trust
ceased.
5,000,000
consm.t
inventories
surrender value of life iusurance
and accounts rece'vable^-other
Total
u
:
Fed.,
Callite Tungsten
307,185
>.
,
labor."
planned
162,
ICC
plan
$407,635
60,062
$349,154
plus accrued int.receivable ' (less-
also
Central of Georgia
&
"<
1944
•Represented by 98,318 shares at Sept. 30, 1944, and 97,818 shares
Sept. 30, 1945, of which 500 uncancelled shares were held in the
treasury .at Sept. 30, 1S44. tAfter reserves for depreciation of $907,458
'
5,197,984
4,530,593
acccpt.Hvofs
accounts
::
1945 —'V
deposls
notes
&
enough
get
The
/
at
$7,892,738' $9,874,165
Merchandise
■
SEPT. 30
'•
demand
prior years
•Capital stock, no
$3.97
SHEET
.
$2.47
profits
excess
41,169
683,936
■
870,288
1945
hand and in banks—
U. S. certificates of indebtedness
•Accounts and trade
Cash
SHEET,
President,
Stonebridge,
feet,—V.
]^r,J;Vv
690,574
Federal
1,745,893
> $4.20
BALANCE
Vr
expand
is
It
near
1,024,657
Accrued
323,092
on
Notes
{Includes
$208,800.
$3,778,457
_*
ASSETS—
a«s*>c.
of
Total
313,195
1,813,149
861,688
COMPARATIVE
from
taxes
44,355
2.53S
.v
,
$3,934,938
Outstanding shares of.
Earnings per share
can't
,r
96,630
-
1,161,944
Earned
446,019
2,153.984
common, stock
Due
.
.96,630
$2.26
Accounts payable
469,039
$4,980,729
cumui.
on
and
97,818
$2.70
.
Dahlberg,
to
f.
1,490,038
2,201
.
Gibbs Steel Division of A. M.
2267.
p.
Output of the plant, at Marrero, La., he reported, is being increased
an annual
capacity of 750,000,000 feet of celotex.
Mr. Dahlberg said the corporation's plants are operating
at about
60% capacity, "not because of any materials shortage but because we
$585,437
$620,565
at the lower of cost or market—
in capital stock of subsidiary
Total
925,620
-4-—-
on
Dividends
Notes
and
expenses
Post-war refund of
4,802,933
pid. 8.ocki_„-
Dividends
Cash
,
.
,
•Prepaid
to
minority interest (Dr)_—
^Net profit
97,'818
$3.09
■
accounts
allowances
142,582
.
162,
to
253,654
193,260;
.
tProperty, plant and equipment, at cost '(net)
,
Income
j
;*
hand
Inventories,
$13,272^80:$n,468,620
1,378,017
6.555,750
taxes
193,854
'
LIABILITIES—
(net—_
■
profits
Prov.
289,226
»
tic.——^$15,958,239
deductions—
Federal
600,509
$839,091
$238,582
$15,652,399 $12,983,054 $11,326,038
305,840
Co.—V.
plant facilities in anticipation
program to relievei the housing shortage.
$813,825
Treasury bonds at cost,
Brands,
Operating -profit..,.-
plant will operate as the
Celotex Corp.—Plans to Expand Plant Facilities—
000
$884,928
on
:
80,952,987
$22,398,954 $18,329,578 $16,688,339,
Sell., gen. and adm.
expenses—4,982,307
3,703,912
3,742,978
Depreciation .and amortization—■
1,764,248
1,642,612
1,619,323
r
&
Bror
130,064
585,437
U. S.
—
Other income
President, has announced the menr^r
nnd
of the Gibbs Steel Co., a wholly owned subsidiary.
company
'
171,666
$797,876 ;■ '$691,073
profits
excess
Investment
_
|
Cr42,157
•365,128
■>
Oct. 2, '43
'75,057,839
i-}} v'.-V;
$228,387
par)
$376,650.
Customers'
85,800,893
JL38.620
'•
P-
620,565
BALANCE
and
Cost of sales, exclusive of deprec.—.
%: v" m
$264,363
Cash
Sept. 30, '44
Castle
195,636
share.
per
of
taxes
y anowances „__i_^.„____.V---.$l08,199,847 $93,387,417 $97,641,326
,
(no
"-Includts
w
STATEMENT
1945
13,985
$993,512
Vf.
Sept. •30__—.
cap.
stock out-
standing
.
'
discounts,'returns
Milwaukee
$302,439
paid--*—
ASSETS—
CONSOLIDATED
less
The
Cr3,452
•
Simpson,
this
43,655
48,281
.
M.
into
*
Nylon is available for hosiery, though at this time not in
quantities to cover the knitting machinery
available for
production.
While these shortages continue, it will be impossible
to supplv the market with
anywhere near the quantity or balance of
fabrics it requires.
'
...w;
Years Ended—
M
John
$565,800
'
its
*
k
Surplus,
sufficient
*
1942
;•
$402,727
691,073
Total surplus-***
tions.
Sales,
•
1530,322
'taxes-*.—/
surplus
Shares
Cotton
Sr.; i
XfrW V.yi :)■:•>
Net income-*—;
seems
Dividends
growth.
Crl,804
"i
for Fed.
Prov.
mand
•
f: Cr7,713
^
collected
Insurance
and
particularly those made from rayon, will continue to exceed capacity
.to supply,
;Supplies of various types of rayon, yarns; continue short
4ue
' part to the rayon requirements of the tire industry run¬
ning f»r in excess of its pre-war usage coupled with lack of rayon
plant expansion possibilities during the war to balance normal de¬
.
57,655
(A. M.) Castle & Co.—Merges Subsidiary—
1943
•
$685,341
and
Inventories
controls
duration
This
textile
to
(net)—I
receivables
on
189
'
distribution
restrictions
abnormally large export requirement,
y-Which cannot accurately be measured at this time.
:certain—that
Loss
1944
1945
$867,629
42,58i
M'ibcellaneous
to
CHRONICLE
Inc.—Annual Report-
Sept. 30—
operations- i;
lrom
Depreciation
for
continues
is difficult
an
Profit
;
.
.
products
excess
war-time
designed
California Ink Co.,
Years End.
FINANCIAL
&
taxes
production
other
than
income,
contracts, $1,116,640;
,
Chesapeake & Ohio Ry.—Partial Redemption—
There
have
been
called
for
redemption
on
Feb.
1,
next,
out
of
sinking fund, $103,000 of refunding and improvement
bonds, serifes E, due Aug. 1, 1996. at 102 V* and interest.
Payment will be made at the office of J. P. Morgan & Co. Incorpor¬
ated, sinking fund trustee, 23 Wall St., New York, N. Y.—vv 162,
p. 3189.
;
' ' '
■
■
,
••
moneys
in
the
mortgage 3V2%
.
-
,.
Ended—' V.
28 Weeks
after
Net
Federal
charges..-,,-,---——
Nov. 11/45
$4,222,951
$8,082,115
—
1,88^763
taxes
,
3,150,014
.
*6
NdV. 7/43
Nov. 12/4*
■
Fedei'al
before
Federal
income
^
1944
Earnings—
1945
$336,797
taxes_--d___^___^__j;—-
taxes
:/Consolidated 'Gas Electric Light & Power Co. of Bait.
:
Months Ended Oct. 3.1—
Profit
2,749,314
.
'CityInvesting Co.—Earnings— /**
;
Subs.)-—Earhing&r—
Fibre "Co. (&
Champion," Paper &
*
$153,443
141,506
',50,000
* r
-
.
•(Including
'
; ;
Net
-V
profit
Common
per
of
$488,127,
to
68
cents
—,—_——
♦Based
1944
share.—V. 162, p. 2388.
a
The
ICC
Jan.
on
Issued
3
abandonment by
certificate permitting
a
rights
Polk,
Warren,
the
for
Iowa,
rights.—V.
trackage
163,
68.
p.
Net
-
from
Gross
*
615,434 '
-
;
Net
from
.
$2,185,924
914,386 T >; '786,249
334,859
484,527
,
27,814,826
27,812,134
23,080,872
7,239,468
Net ry. oper. income
—V. 162, p. 2813.
8,435,910
10,718,953
8,185,970
/•
3,543,196
2,885,969
2,396,687
11,617,782
1945
.
.
' 91,39?
income
'1943
'
1944
$1,000,347
> ■ .136,241
68.746
$823,046
136,256
railway!—
Net from railway
oper.
income
4,590,731
5,638,535
'4,740,656
oper.
Gross
corporation- has
2,999,951
1,678,644
income—
Federal
Judge
L. Igoe,
Michael
of
confirmation
.
.
$1,041,653
r
;
390,993
291,846
of the
—V.
ration
insurance
life
extension
The
►
of
petition for.
a
"
-
„
.
:-v
;
1, 1945.—V,. 162,.p, 3139.
-
Co.
on
insurance
life
is
insurance
surance
in
sura nee,
amounts
that
of
the
entire
passertgef figures show that this
many travelers in the year just
♦
corpo¬
ended,
cost.—V.
*
V1
♦-
,
'
' 1
'
!_■
"
t ua'
t
'-x,
P
*
-
■
' J** ',v".
""
V*.
-v•• -
Commonwealth Edison Co.—Weekly
/
-
Chicago Milwaukee St. Paul & Pacific RR.—Earnings.
;
November—
Gross
1942
Net ry.
railway—
$19,508,371 $16,372,779
! 756,761
5,469,279
• 7,340,742
6,737,253
1,924,769." "2,861,544 * ' 5,026,433
3,540,371
•
oper! income,-,
Jan.
Net, from
Net ry.
i
raijlway__
incoipe—
43,454,264v. 61,498,268
25,674,638
29,911,641
v
oper.
—V.
57,151,375
30,925,868*.
83,286,728
52,108,975
Judge
Michael
L.
would
ment
of
provide
creditors'
to
money
Judge
the
claims
on
road
holders
Igoe
railroad
for
by
not
made
previous
of
17
bill,
the
would
has
seven
if
it
of
the
"
Nov.
on
road
had
been
"
26,
,
1944,
into
Invited
bankers
equipment trust certificates
1,300 box cars. 400 gondola
Bidders
will
be
asked
to
in
in
bid
to
and
on
the
17
the
name
Jan.
22
a
Diesel
given
(appointed
to
•
10
$6,780,000
and
equal
I
163,
p.
♦Loss,
at
for
^
-f
-
'
,
"
•
t
The
company in 1945 placed $127,916,014
This was an increase of 18% over the amount
68.
V.
insurance
161,
has paid the balance on its V-^T. loan as well as the
covering the property in Bellwood, 111.—V. 159, p. 933. „ ,
mortgage
Chicago Rock Island
November—
Gross
from
Net
from
Net
ry.
1945
railway
Net
from
from
A1!
1944
4, 334,117
;
''
6,165,236
1 645,248
1,446,977
5,777,668
railway,—,
railway__^___
Net ry. oper. income—
-V. 162, p. 3189.
per
♦After
3,743,431
179, 857,055
174,797,117 161,854,769 123,233,593
6
222,691
68,621,453
69,345,474
47,507,571
24, 657,169
25,530,431
37,631,018
33,696,284
Chiids
Co.
(&
Subs.)—Trustee's
Period End. Nov. 30—
Net
profit
$1,718,116
in
now
force
by this company is $1,381,547,564.—"
147,985
interest
and
112.310
other
deductions,
but
*
1
•.
978,394
exclusive
of
ad-
with
for
Federal
taxes
on
r<?POrt states' because
64
income
is
believed
to
be
un-
1945—3 Mos —1944
$94,580
$82,261
share-
$0.29
1945—9 MOS.—1944
$313,683;!: $207,575
$0.25
provision
for
Federal
income
and
■
excess
profits
•
deductions allowable fox tax
inVeStai!5ant8 0P^ated . in November
in November, 1944.—V,
162. p. 3189.
was 59,
as com>
$895,162..
'
.$442,493,
s
Co.—Bids Asked—
the common stock of the company
($20
(N. Y.)—Registrar Appointed—*
City of New York has been ap- ;
$5 par value stock.—V. 162, p. 2940.
National Bank of the
Co.—Stock Distributed—
In' the ratio of one common share for each
certificates
owned
were
;V
common
bank
lean,
162.
p.
reducing
2815.
the
stock interest In Lynchburg
amount
..
.
Jan. , 4.
shares
.
declared values.
,
;
the
debt
• around
v !' ■"
■-!-•
t
17.
i
1,
2042.
P. S. Commission on Jan. 7 approved the merger of
Binghamton & New York and the Erie & Central New
into the Delaware, Lackawanna & Western RR*
The D
L
& W. owns all the stock ofthe two branch lines except
150 shares of the Syracuse, Binghamton road and-it proposes to pay
$175 a share for the stock in the hands of the public.—:V» 163, p. 69.
the
to
■
New
York
Syracuse,
York
*
'
Common Stock—
5an. 7 declared-a dividend of 20 cents , pdr share
stock, par 50 cents, payable Jan. 31 to holders
This is equivalent to 40 cents per share on the
old $1 par commori stock which received. 25: cents each quarter during
1945,—V. 163, p. 69.
"
The
V-
.
..
of
,
Merger Approved—
of approximately $1,450,000 obtained from sale of the
three companies have been applied to repayment of a portion of Consolidated's
■
,
common
new
of-record Jan.
May
proceeds
513,000,000.—V.
•
& Western RR —Trustee—
/'The First National Bank of Jersey City, N. J., has been appointed
trustee under this road's collateral trust indenture securing $14,934,9o0
principal amount of Morris & Essex Division collateral trust bonds, due
Co., Roanoke Railway & Electric Co. and Safety. Motor TranCorp. to an undisclosed purchaser.•
•\
•-*• ^
■ !
.
.
Delaware, Lackawanna
68.
100%
'
directors on
the
on
of
p.
mailed Jan. 9 to stockholders of record
not required to surrender certificates for
Declares 20 Cents on New
amounting
162,
were
to, show the same
taxes.—
,
The company has sold Its
The
i
/
.
stockholders on Jan, 3 approved a proposal to increase the
authorized number of common shares and to split the outstanding
common
stock 2-for-l!
The par value of the common stock was
reduced from $1 to 50 cents per share to permit the company's books
.
$0.64
$0.97
Consolidated Electric & Gas Co.—Sells Transit Stocks
sit
,
$698,772
'■
194?
1943
The
Transit
-Provision
!l>urpoSsesy'
>ared
30—
.'
com,
0.8%.—V.
988,868
surplus
shares of
Stores Corp.
Chase
formerly held.
,
of
ustments.
NOTE
162,500
Temporary
to 184,400,000 kwh., compared with 186,000,000 kwh,
corresponding week of 1945, a decrease of 0.9% . Local distri¬
electricity amounted to 177,200,000 kwh., compared, with
178,600.000 kwh. for the corresponding week of last year, a decrease
$18,348,386 $18,784,987
f)
'
,
$506,406
-
'
■
.
1944
..-
.
pointed registrar of the common
of new life insurance.
paid for in the previous
the
1945—11 Mos.—1944
$1,782,756
profit
♦After
Report—
1945—Month—1944
______
on
Davega
The
.The company on Jan. 9 announced that System output of electricity./
(electrically generated and purchased) for the week ending Jan. 6,
bution
Gross
!
are
The
1946,
'
*
Consolidated Edison Co. of N. Y„ Inc*—Output—
for
.*$3!587
being asked by the owner, Electric Power and Light Corp.
Bids will be received untiLll o'clock on Jan. 21, at Room 2033, 2
Rector Street.—V. 162, p. 3190.
5,716,795
2,858,164
1
1
'
Dallas Railway & Terminal
•
,
V. 162, p. 307!
■
°
»
$132,628
Ml945
int., taxes,
-
share
Period End. Sept.
1942
f,
tHf '
j
*$112,?29
tAfter taxes and charges, including interest on funded debt
specified in. transitory provision of the Constitution of tha
of Cuba which is less than: the coiipoh rates.—V. 162, p. 2640.
after
Bids
par),
Consolidated Biscuit Co.—Earnings-
Earns,
1943
-
*
'
;
1943
'
.
,
Cuba RR.—Earnings—
.
etc.
2657.
p.
♦Net profit
Ry.— -Earnings—
$14, 277,987 $16,278,756 $14,553,515 $13,052,629
income___
From Jan. 1—
Gross
.
railway
oper.
& Pacific
tvv
"
1944
,.
$J01f480
Stockholders
company
^
Dayton Rubber Mfg.
Total
i
1945
.Quarter End. Sept. 30—
Chicago Rivet & Machine Co.—Pays Off Loans—
The
rate
:/year.
in¬
^
_
4
/
Connecticut Mutual Life Insurance Co.—Insurance in
Force Increased 18% in 1945—
of
Rys.—Earnings—
taxes
Republic
company
y'
1945—12 Mos.—1944
$12,490,560-$11,222,943t
interest on bonded indebtedness his been included in expenses at;
Company, New York, N. Y., has been
((the rate specified in a transitory provision of th Constitution of the
$408,100 first mortgage leasehold 4%
bonds '
Republic of Cuba which is less than the coupon rates.—V. 162, p. 2640.
1, 1946.
'
submit
yearly
Cuba Northern
Quar. End. Sept. 30—
tNet profit after charges,
Corp^—Weekly Output—
12.89%.—V.
■
Sales Rose 28.8%—
-
has absorbed - Litchfield Electric Light & ■ Power Co.,
which it previously controlled through 100% common stock ownership.
—V, 162, p. 2268.
flat cars,fa
to
or
$2,589,324 $25,749,010 $21,811,420'
1945—Month—1944
$1,491,552., $1,157,965
y-y'
Period End. Dec, 31—
—V." 162; p. 3071/
-
Connecticut Light & Power Co.—Merges Subsidiary—
The
Equipments—
rate
in
of 34,055,979
:*
1945—12 Mos.—1944
the Manhattan
trustee
dated Jan.
before
locomotives.
dividend
separate proposals for certificates maturing
stallments or 15 installments.—V. 163, p. 68,
decrease
Bank of
The
/.
purchase of 300
& Southern
(excluding subsidiaries)•
1945—Month—1944
Crown Drug Co^-December
-.
electric energy of subsidiariesshow general business conditions of'
1945,
valuations,
length
for
200,033,000
$326,525
ended
Coney Island Theatre, Inc. (N. Y.)—Trustee Appointed
re¬
the reorganization and
company.—V. 162, p. 3189.
on
of/companies/'
'
1944
Decrease
202,450,000 ! > ;9.7
194,310,000
6.7
210,138,000
2.5
209,898,000
4.7
1945
182;767,000
181,199,000
1942
*
V
$859,306
Consolidated Retail" Stores, Inc.—December Sales—
Profit
approved
finance
cars
to
of
;■<
.
Chicago & North Western Ry.—Bids
has
been
at
week
1943
'
•
$831,325
;
Railroads of Cuba
Consolidated
'Period End. Dec. 31—
corporation, adjusted to
territory
served,
for
the week
ended Jan. 3,
1946,
amounted > to
230,168,499 as compared with '264,224,47$ tot the corresponding week'
were
gone
Net loss of
:
*
$606,349
fiales-!:-^^—"i $3,025,962
—V. 162, p. 3071.
.
weekly kilowatt hour output of
this
enough
railroads
,
f
1944
1945
-
V and taxes
ended Sep! 30. 1945 was $1,538! 1944, $75; 1943, $4,269,;
afterk charges and taxes.—V. 162, p. 2389.
settle¬
than
more
of
passed, but the
because the Milwaukee
simply
transfer of the property to a reorganized
Company
for
the
for
y
.
for the quarter
"163, p. 68.
.The
years.
other
however, that sufficient time had
proceedings and that the matter
profit
the court and the ICC.
.Judge
the
negotiation
utilities,
204,790,000
!_^_!!; '
farther advanced.
was
held,
Igoe
if
additional
stockholders
benefit
reorganization
and
months
expenses
would
reorganization
income
18
contended
organization
Milwaukee
for
fixed
pay
Cohn
Mr.
w
Commonwealth
Jarf. 3 rejected a petition by •
of 75,000 shares of preferred stock that he retain jurisdiction
over the reorganized system.
'
;
! Henry L. Cohn, counsel for the Stockholders, asked the court to,
retain
jurisdiction pending Congressional action on the Reed bill.
Igoe
t
*
30-/
profit after charges '
Net
-
and
holders
This
^!.
Dec..
Court Refuses to Delay; Plan—
.' Federal
5_>-_
Dec.
railway-!,, 212,390,024 208,032,633 205,796,470 162,962,527
from
Stock—
Output—
v
Dec. 29,^^__.___!__»
.
From Jan. .1—
.
Gross
electric
.Week.Ended—
.
..
other
to
(after reserve for depreciation)"!,
deferred charges,-A142.404; total,
and
taxes
Spies
from, 'railway—1$18,394,733 $18,914,440
from
Net
1943
1944
1945
trust
,
Jan. 5
showed a 9.7% decrease from the corresponding period in 1945:;
Folilowing are the kwh-output xtotals of the past *four>weeks and per¬
centage comparisons with 1944:
sales
and on hand,' $94,295; cash held by cof
indenture, $183,601; accounts and notes
bank
of
Consoliadted ERs. of Cuba (& Subs.)—Earnings—
-
Electricity output of the Commonwealth Edison^ group
.
*.\
*
in
under, terms
1;
companies)
payable or accrued, $73,740; accrued interest on bonds
per annum), $199,856; lease deposits and. advance rental^"
$13,406; income mortgage- and ' collateral; trust .sinking, fund; bonds,
iduer Dec. 1, 1954» A4,702,500;^ Capital/stocks (par ($1), $9,542;r deficit#;
$279,391! total, $4,743,429.-!-V. 162, p. 245.
!
: ; /
ii.
r
\
.k
'
•
1
-r
! »r ' •
- >
<•
f'' :••
*
f'("f 1 •
j
NOTE—-For mechanical reasons it is not always ;■
possible to arrange companies in exact alphabetical /
order. ><• However, they are always as near alphabetical
position as possible•
1
"
ASSETS—Cash
subsidiary
wholly-owned
1945
!LIABm^IES-^cc6unts payabie (trode)/ $li,648Kaccrued!Hftbilltied,U
Dec.27 > announced!
Exchange.—V. *157, p. 519.
*$41,12?
/
prepaid expenses
$4,743,429.. " ! " •
"
stockholders
excluding
•
<
70,537.
57,60?
64i
,
$22,844'
'
NOV. 30,
SHEET,
BALANCE
.$4,313,473;
.
.
,
1)
oil
!
322,21?
57,573
•
641 '
-
1.
CONSOLIDATED
-
will,meet on.Jan. 21 to vote..on.a piaft,calling
for the issuance of 75,000 shares of new $4.25 cumulative preferred*
stock (no par-value),. with non-detachable warrants for the purchase^
of cbmmon stock arid, the redemption of the present $2.75 convertible
preferred stock (no par value) at $53 per share.--;The new cumulative,
preferred is nof in registration,—V. 163! p. 68.
^ '
y '
"'.L '
"
•
Louis Stock
of leasehold!
$409,86$
.
70,537
Deficit.
trustee
COrf—Distilling—
Exchange1 Commission
and
Columbia Pictures Corp.—To Vote oa-New
,
162,
•
receivable (trade), $9,656; fixed assets
hearing would be held Jan. 30, upon the application of company
its common stock ($5 par), from.listing and registration:
The
i
earnings, for which the;
The employer bears Jhe
2638.
their
■
Calif*
v
'
370,733
- -
—.
(Incl.
continuation vbf v tfaffic gdiM.'-^-
a
$522,327
"...
•
; Quarter End. Sept.
underwritten by the Metropolitan Life In¬
all full time employees receive $l,000fi?
by them, and additional life in-•
net
Securities
.
a
the St.
on
it
employees covered contribute fixed aifcounts.
balance
']■
.-.L—.
Net profit
.
withdraw
to
an
whereby
according-■ to
$4.12
,
$12; 128;
(at 3%
contribution
without
142,879
$5,656,294
$3.84
2389,
Amortization
-
■
being
basis
a
162, p.
Traffic Higher—
as
anticipates
!ing schedules;; Colonial
the p
for employees of
affiliate,. through
established
HI.,
an
been
3.
Jan.
on
l!—
Depreciaitlon
1944.
Columbia Brewing
Decatur,
172,048
$5,979,974
.—i_.
Expenses
Bond' Interest;
.
.
..
The
under the. parent company's group program,
coverage
announced
was
has
of
Co.,
30,871
•
93,241 passengers were flown • between New York";
and Montreal in 1945 and 56,032 the year previous!By inaugurating new routes and iftcre&sing the frequency of exist-
has announced
road,
1945
twice
almost
carried
they did in
as
Chicago Mail Order Co.—Insurance for Unit—
Group
<
......
real estate
of
1
Development Co., Ltd.—Production—
Is announced that
It
.
■yrithin a short time.—V. 162, p. 3189.
.
'
.-
'
f—Pays 3% Interest—Issues Financial Statement—
ended
York Btoeknegotiation,
.
Gebhart-Gushard
Federal"
in '
Consolidated Office Buildings Co.; Los Angeles,
;
company,
Colonial Airlines, Inc.-rrPassehger:
2,324,606
he would take the matter under adyisement.
;
t
-* ;
No objections were presented and the plan has been ratified by
creditors, so.it is expected that the court will confirm the proposal
>
reductions
to
Income
!
10,594,368
3,511,138
12,071,994
4,608,427
3,185,433
received
has
who
-
2,183,82$
v
430,210
Earnings per common shares
which operates petroleum concessions in; Western
Venezuela, southwest of Lake Maracaibo, announces that its produc-.
tion for the four weeks ending Dec. 31, -1945 amounted to 480,849
barrels, as against 589,180 barrels in the five weeks ended Dec.' 3, 1945,
438,298 barrels .in the j four' weeks ended Oct.-". 29,'4945* and; 430,636"
'
reorganization plan
the
604,22|
.
$8,013,865
.
This
1942
$1,206,306
530,974
333,791
12,429,012
4,018,794
2,370,898
10,685,492
railway—_
railway
oper.
ry.
sales
Net
$1,514,966* to the Government under
year
'
The company on Jan! 1, 1946, paid to the holders of the incomi
/. mortgage and collateral trust sinking fund bonds dated Dec. ! 1934$
It was stated.
'
interest of 3%, of which lVa% was for the six months ended Nov. 30,
When the company's bodks were ^closed for!l944, it-' was estimated
1945, and lVa%
was on
account of accumulations^
Unpaid- interest
.that refunds under ."Sanforized royalties" would.amount to $1,100,000.
/ Accrued since:JDed! 1, 1934, has now been reduced to. 1V4%. Payments
.Applying the adjustment to the profit and loss statement, for. 1944,
in 1945 Were as folldws: Jan. 1, 2%
and July 1, 2% %.
.income from Sanforized royalties for that period would be decreased,
by $414,966 ; and net income by $60,170, according to the statement.
CONSOLIDATED EARNINGS FOR SIX MONTHS ENDED NOV. 30
—V. 162; p. 981.
'
,* »
"
- 1
-■;!:'
:;T:
r'
1945
/1944
,
Plan May Be Approved Soon—
;
refunded
barrels in the four v/eeks ended Oct.
from
from
Net
Net
equivalent
Other ^deductions
,
!
,
•'
•
$7,409,64!& i
taxes on Income in 1944, resulting from losses
/
^5^42,610
a.
6,560,588
an agreement applying-to "Sanforized royalties".for the
Dec. 31, 1944, 'according
report--filed with the*-NewExciiange.
These payments do not relate to contract price
From Jan. 1—
.
Amount
11,302,89?
5,973,407
7,207,06$
-
-
.
,
.•",'k/ot real .estate
i.505,009
6,875,749
-
$8,665,322
2,083,090
bonds redeemed and portion of losses on sales
,
648,448
13,086,088
'
-
618,031
—
Gross income
from
Net ry.
—
Gross: income
$1,066,064
5,616,401
'
-
*
'
12,200,607
Colon
November—
pther income
'
*
railway
"
$8,047,291
„
3,102,965
.
Earnings—.
Chicago Indianapolis & Louisville Ry.Gross
'468,006
5,667,972
6,160,623
7,924,188
__________
,
27,089,671
railway
amortlzation__-.^.__,__,__!__
.
,
t-}
From Jain,
Oross from railway—
289,513
28,767,281
27,837,699
and
Operating income
on
162, p.. 3183.
The
$2,770,866
782,094
252,224.
234,518
income
oper.
.1942
1943
$2,556,806
$2,491,885
railway
Net from railway
Net ry.
588,746
,
1942
$954,934
i;. 429,301
( 318,004
$1,146,411
356,076
income—\
$49,969,801 $49,051,964
revenues.
expenses
,
Cluett, Pea body & Co., Inc.—1944 Profit Cut—
-
<
1944
1945
.
$37,955,297 $37,274,571
11,120,183
10,873,47$
894,321 ■ ■■■•' 903,914
■
*
:
1944 '
1945
$928,985
"
.y.
'
'
'
1943
railway_____!
from
Subsidiary)
*
,
.
November—
1
1944
1945
railway—!
oper.
ry.
—V.
Chicago Great Western Ry.—Earnings—
'
Taxes
•
> Net
\
Interest and amortization of premium on bonds
Portion' of premium and expenses on certain
-
'
railway.
from
Net
line and the
,
operating
Operating
FromJan.l—
.
Gross
connecting,
a
ry.
operation under
proposed
the
facilitating
of
purpose
Total
•
,x.;{
,
Talmage, in Union County,
the Great Western at or near
main line of
from
■
approximately
Madison and Union Counties, Iowa,
51 miles; and (3) authorized the company to construct
track, approximately 2,400 feet long, between its main
in
Net
of the Chicago Great Western Ry".
called Afton Junction, near Talmage,
line
main
the
over
extending front Burch to a point
preferred
$5.50
,
from
Gross
company
age
of
November—
of a branch line of railroad extending from Burclv* to
Osceola,
approximately 53.15 miles, in Polk, Warren, Madison and
Clarke Counties, Iowa; (2) authorizing the company to acquire track¬
the
11 Months Ended Nov. 30—
'
' ■
Owned
Wholly
a
: operating
revenues.!.operating revenues
Steam heating
operating revenues_____
Clinchfield RR.—Earnings—'
RR.—Abandonment, etc.
Co.,
Electric
■
.
Chicago, Burlington & Quincy
*
$0.38
?
dividend requirements on the
stock now outstanding.—V, 162/
Molybdenum Co. —- Secondary Offering —
Blyth & Co., Inc. on Jan. 9 made a secondary offering of
53,500 shares of common stock (no par) at $39% per
share. Dealer's discount ,750,—V. 162,. p. 2639.
According to the report
to 85 eents
$0.95
"
Gas
GaS
■
Climax
'
'
share
$103,443
'
Depreciation
* *J
• ?<i * r'* ■
''
v
s >«,n
,«'*"
,i
the recomputation of Federal taxes for the
16 weeks ended Aug. 19, 1945 at the lower rates resulted in an increase
in consolidated net income for that quarter of-$178,180 or 32 cents a
common share or from the 53 cents previously reported for .hat period
like period' of
• $195,297
.
Counties
160,000 common shares, after
on
shares
15,640
—^
.
p. 2388,
share tor
$461,502 or 55 cents a
share, compared with
a
$1.28
$1,53
■'■
■
—
♦Earned, per; common
550,(300
550,000
• r-
Net income
$1.66
weeks ended Nov. 11,1945 company reported a net jhCome
after taxes and charges, equal after preferred dividends
share
For the 12
.
546,000
outstanding—-i.--
shares
Earnings
$1,072,93?|$1,198,221
$1,193,352
'■
Maryland
railroads
,
.Volume 163
Number 4455
ff. Dejay Stores, Inc.
(& Subs.)^—Earnings— ;J
f. 9 Mos, Ended Oct. 31—.
tNetr.profit
THE COMMERCIAL & FINANCIAL CHRONICLE
:■
%
__
T
"Earned' per-share
Fori the. week
1944 ■!
-
ating
$147,673
.-
Power
tional
Power
during
Tho stockholders
;
split-up
also
plans
total
:
to
01\$
' / /' - /;U ///■ '////
Diana Stores Corp.-^-December,;
Sales" Rose 1.6%—Period End. Dec. 31—
..
1945-^-Morith—1944'
i
—V.
The
k
Power
Power &
National
subsidiaries
are
of
Power & Light Corp. and Na¬
compared with the corresponding week
(in thousands of kilowatt-hours):
of—*
Light
5
Co. 'M
*
160,417 0 .165,874
74',959
88,646
7
Light Co.™
"1945
*
90,614
;
Amount
0;
chase
5,457
$1,738,60a
opposite
162; p; 3071;
Period End; Dec. 31—
-
—VI
-1945—Month—1944
•
$6,043,643
15.4
any
,
.
,
V".
'
r::v.::;
"Net
1945—l2;Mos.—1944
•'
Inc^Acqiiires Business of York Safe& Lock
C6;~-See that'company below.
shsr
Common
Earns,
1945
per
$59,960
$54,621
240,919
';>?> 232,919
$0.23
.,$0.45
$0.20
•
The
stockholders
will
vote
*
"1943*
*1942
'
*
12'
on
outstanding common stock of no par value
stock, $10 pkr value.—V. 154, p. 906.'
Dominion Steel & Cbal
Corp.,
■r'S; In connection with the
redemption
on
into
shares
two
of
•' *
;
.
of the
1
70,000
funds
a new
take
to
of. the
care
157* p; 2248;
'>
?
M -v.i
-r
"
1810
South Spring. Baildintr Co., Los
Aneefes, CWif.—
Makes 2y2% Interest Payment—Issues
Financial State-
and
for
The company "oil
Jan.
1, last, paid to the holders of the income
bonds dated June 1, 1936, -2Vz% interest'for
the - six
months ended Nov. 30,
1945»
Payments in 1945 were * as
follows: Jan.
2}k%\ and July t, 2%,
>
'VFOR: SIX MONTHS ENDED NOV. 30
$78,145
'I
Expenses
;
44,178
under the
been
1942. \ It
31,
New York,
-;
the
war
42,110
$33,967
-
bonds
on
$26,483
'
retired
(credit).
5,164;
5,850
$39;131
incorporated
was
to
6,876 3
bond
interest.,
1,142
^
.
sales
'$1,220
total
sales
volume
sold
-
through
-
'
•
-
Corp.
in
L
New
of America,
dealer
in
1941
than
less
was
BALANCE SHEET, NOV*. 30, *1945"
j
receivable,
toy co¬
andf notes e
(recoverable ati $500
$112; lease modification agreement
per month), $36,500;
fixed assets
(after
reserve
for
depreciation),
$877,564;
prepaid
expenses
and
deferred
charges, $25,887; v total,
$1,003,231.
.
for
for
The SEC
in
-
.
Subsidiaries—
3%-
$
•'
•
$
,•
entire
an
the
trade
line
of
public
of
name
associated
of
the
of
as.industrial
the
balance
of
33%
dollar
of
products
volume
tric
*
WAR
sales
Hancock
bonds
with
i:-
-
4,758,066
...Operating ihcome_Lu-,
'
7,332,037
80,250
,
24,533.495
86,250
.
4,671,816
inet)
';
Gross income-J:.-^^
Netrint. ;to public, etc.,
28,367,930
346,000-
/
Balance
"■Transfers
7,745,787
34,600
"*
of
!,
'
;
24 ' 789 ' 077
..
.
7 828 896
586,894
fV VvV.-V-renegotiation-in
'
12 822 183
'
rv
'
of?:contracts;
V—2,883j839
5,244,319
16,960,181
101,700
201,436
336,075
negotiation
15,807,641
.
Total
2,782,139
462,934
tPfd. divs. to public___
Portion applic. to> mi¬
nority
•Net
'
16,624,106
127,646
of
may; be
77,998
738,989;
344,§14
v
the
-;;
(as
Other income
3,534,192
13,353,289
-y
~,j-
\ V;
above)_
2,191,559
3,534il92
5,535
..
13,353,289
*2,691
I
V
required
,
,.
otherr, than.
jncome_.il: i
r:
:
j
Other,: taxes__--
Expenses
- •
55c
7777L
Int.,,
etc.,
Prov.
for- Fed.
refunds,
after
-
v.?
on
-
7.7 income
is
Federal
on
sufficient
taxes
on
V
refunds
*
after
Federal
taxes
on
equipment,
V V'
amplifiers
f
*•' '
/
" i,,
stock
;
(par
of
1,000
shares
of
.
PRESENT
the
and
from
franchises
Terminal-C6.
^franchise
of
Dallas
(net). i
spective periods whether
,
•
'p.
earned
income_i_Li.i^i_'7$2,892,477"
;•/-,,
5,256
Other
taxes-7-_____'_l_:
Expenses
___
Prov,
V
;
for
deductions-™
Fed.* taxes
company
'
;
600,000 shs.
1t
as
was
on
•
Outstanding
-
70,000 shs.
income
162, p.
with
provisions7of
7
-*•
1945—12 Mos.—1944
3,422
;
23,786
7,057
4,765
37,751
119,137
524,467
454,967
373,896
1,602,351
$2,884,776
.7' 13,818
:
!
the
use
to
19,730
the
30,71945,
6%
*
stated
the
company
were
value' of
$32,264^
nor
outstanding:''
its
subsidiaries
;
•.
all
of which
7
.
located
the
as
common
in
to
Colfax
"Dawson
stock,. New Mexico"'
purchase,: those
an'd
Division,"
Mora
for
electrio-
Counties,
cash
a
New-
purchaso
i
-*,v!
Insurance Ce^-at
1966,
under
public
by
par
funds
am,indenture
John Hancock
distributions
In
3V2%
datedjOct.
for
its
additibn,
own
John*
to
first merits
1,
1941,
account
Trinidad
the
for
necessary
and sell
issue
to
$300,000
the*
and
not
proposes
to
unsecured
expenses
transactions
'
to
be
borne
by Trinidad will
be
met, from
,
v.
of1* its
'■••••
its
ox
lirst
monguge
of principal
the
ooi.ua,
12,500
329,500
and
7 37,500
*
of the
Ji $140,3517 $7,842,422
$582,573
.
(2)
plant
the; purchase
general
tories
and
131
$150,000
of-
and
the
raw
of
the
be
used
to
company
installation
balance of
working: funds
of
the
will
the
of
its
connection
new
plant
in
with,
the
Brooklyn
additional
net
equipment and ma¬
proceeds will be added to the
company
materials, goods in
in
process
to
finance
and
additional
.
uue
amount from John Hancock.
The balance
will remain on deposit with the
indenture
and
of
a
Colorado
new
"X;'"?Corporation.
Stonewall
(consisting
of
It
Electric
rural
electric
corporation,
lines
of
will assume
temporarily
is
proposed that X Corporathose Colorado properties of
Co.
lines
and
other
interconnected, with. and.
distribution
utility
*
assets)
1
are. extensions- of. the .transmis¬
Trinidad. 7 In
consideration
therefor,
Stonewall's interest as lessor under
existing
Stonewall and Trinidad,, subject to the
mortgage
by such property and will- be substituted for
Stonewall as mortgagor under the
indenture
(dated April 20, 1939)
securing the mortgage Indebtedness
consisting of $28,499 of. notes pay~
able-to the Rural Electrification
Administration relating to the prop--
*
between
p.
■*
.,
:
»
\
the* Dawson
70.
Malcolm
Division' by * Trinidad,
%
Co.—Acquisition—
S.
Ciark,
.announces
that this, company has
all the stock-of Sommer «Ss Adams Co. of
Cleveland, designers
and builders of a
variety of special machine tools for the automotive
and aviation industries. It has
also entered the metal furniture manu-
President,
.
:
facturing field through the purchase of the
beauty parlor manufacturing facilities arid equipment of Helene Curtiss Chrome Co.,
Chicago,
/',V
;
Sommer & Adams will be. operated as a,,
subsidiary" of Federal, with.
•
'
111.
executive
management centered at Warren, Ohio, and production continuing in' the Cleveland factories. Mr. Clark has been elected PresiVdent.—V. 162; p: 1169: *
;
."
..
>''?Hamilton-W." McComb,
7
of
;
this
company
Baltimore,
President
,
has
and
been
in Memphis,
i/• Firestone-Tire
W.
Thbmas,
For
the
•
:
manager
its
since
1937
affiliate,.) the
of
the
American
advanced
to
Tenn.—V.
162, p. 2641.
&
the
position
of
Memphis branch
Bonding Co., of
Resident
•,•*.*
Vice*
..
.
'
>
Rubber
Co.—Annual Report—John
Chairman, states:
'
-
exceeded.
.
,
seventh
Total
consecutive
sales
have
by the company for working capital in the normal operation
business;
-*"
apply- $300,000 of the above net proceeds
acquired
100
.
proceeds substantially as follows: (1) $150,000 will be
applied
of bank loans-to the company, the
proceeds of which
chinery;
$2,238,735
common*'stock
payment
used
were
735,572
1,495,583
transfer
319Lvi./i;'o;7
Mexico
Trinidad's'
and-Trinidad
amounted
.
.
year
to
-
'$654,071 $10,360,277
143,462
43,000
within"T2
;
'
7
shares
M.
all previous sales records wero
$681,744,072 compared with' $651,any funded debt or
410,411 in! 1944, an increase of 4.6%. After providing for all
expenses,
bank , loans, except a- loan in the amount -of $150,000 from Public
including $30,242,337 for depreciation and amortization and $65,;" 789,178
for taxes,
and after adding $2,500,000
to the
reserve
for
payable on Nov. 9, 1945, with .interest at the rate of
3r/o- per annum.
contingencies, the net profit was $16,446,735. Additional amortization
This loan was renewed for an additional
period of two months, and
was
written to. provide a
full reserve for all war facilities acquired
is now due on Jan. 8, 1946, .with the same interest rate.'
under Certificates of
Necessity.
Renegotiation of war contracts for
PURPOSE—The proceeds
1944 was completed and repayment to the Government of the amount
of
$828,500
to
the
company,
less
the
estimated'expenses, will- be available for* the general
agreed upon was made within the year. ".It is unlikely that any
corporate pur¬
poses of. the company, the present intention of the
repayment will be necessary as a result of renegotiation of 1945 war
company being to
Neither
$
such
of
not
J.
Federal Machine & Welder
235,000 shs.
Sept.
aggregate
am
dispose
does
equip-
preferred! stock (par $100), of which
outstanding, and 100 shares of common stock (no par),
having
shares-of
unearned.
on
Net income.—
—V.
or
1945—3 Mos.—1944
Fed., taxes,:, other than
V vtaxes on income
Int;, etc.;
accordance
,7,318,942
Power'& LighrCo*"*and Dallas * RJlwav3&
INCOMET STATEMENT
(COMPANY ONLY)
Period End. Oct. 31-
Gross
reserve: in
10,852,937.
to
as
are
—V. 163,
that
but
3,023,163'
to
but
offer to
.has. authorized;- the. acquisition of
.
income,
income
test
;
stock
(20,000 shares of $100 par) to
investment banking company, for a cash
sell,
be purchased
X -Corporation
take
to
FINANCING
70,000 shs.
•
of the
and
"Authorized.
i
50c)
"The capitalization
consisted
' '1
t;
coriv. pfd. stock (par $1)__
cumul.
of
Fidelity & Deposit Co. of Maryland—-Official/Promoted
CAPITALIZATION GIVING EFFECT TO'
.
,
^
consisting
.
electro-medical
,
Co.,
Gas
income,
;
,
Railway-&
Service Commission has approved the
proposed sale and acquisition of the Dawson Division
and the issuance and
sale by Trinidad of
$300,000 of bonds.
The Federal Power
Commission-^
•
in
reserve
a
600 shared were
Balance, surplusJ77tS
"To
.
thereafter
taxes
to
erties. to ho acquired. •
The* New Mexico Public
•
renegotiation
company
after re¬
1945
r«y.
indebtedness 'secured
-
the fiscal year ended June
30, 1945.
A
the sQ,me basis has also been set
up for the
ended Sept. 30, 1945.
As at Sept. 30, 1945,/the
has a total reserve for renegotiation .of the ag¬
required.:
Common
f
deductions
taxes
the
30,
due
acquire from
sion
.-
for
^mentr, arid, o^her products,
taxes,
.taxes on
June
"
-:r
order to raise part of the
the Dawson Division; proposes
various
which
on
POST-l^AR. BUSINESS-^-Company has developed; and. is now manufacturing .itself or., through a subsidiary, radio sets, radio-phonograph
combinations,
0922
Total
Fed.
of
reserve
New
of
view
Stonewall
on
renegotiation
any
ihay»be
;
9 ' 612 223
17,503
of
care
9,612,223
Light
.
having
(a
each)
On
2,191,559
7
equity
=
accordingly
company
Corp.—.
$29,619
.
-
proposes
may
; New . Mexico- proposes to
toward the purchase for
tion
.
Government
S.
ended
to
a
designated
i
gregate of- the said sums, or $126,544 after provision for Federal taxes
income, and believes that this amount will be sufficient to take
subs.^—
Electric Power &
U.
the
year
renegotiation
any
of
$119,165
three-months period
equity of corp. in
consolidated
?
care
5,753,165
of
fiscal
$36,-999.
«
presently intend making, a
Patten, an employe of Elec¬
service company affiliate of
Federal), the office
Mutual Life
agreements
of
that
15,710,302
2,531,828
the
balance
the
of
the
>
trustee. ;
acquisition of the Dawson Division, it is also
pro-1
posed that, prior to the sale of Trinidad's
common
stock, Trinidad *
will organize and become the
owner of all the common stock
(25 shares '
•of $100 par value
$74,721.
$7,379, after provision for Federal
company believes that this amount -will be
reserve
interests_„—
Income:, of
Net
5,042.883
1,430,693
amount
and
■
the
for
the
97,339
...
the-.amount
\
been voluntarily refunded-to
of
1966, at 101-7f
account
.
28 629 824
-
the
of such net proceeds
In addition to the
Nov.,
1945 additional
terminations were received from
contract
sum. of.
on
'
retirement.
'
VThe.'war sales ofVthe company were'
subject to renegotiation. Re¬
negotiation/proceedings for all prior years ..through' the fiscal year
ended June 30^1944 have' been
completed.
*
„* ,
•
'
'VWhile -proceedings for the period thereafter have not yet
comV mencedi tiie company; as at-June 30, .*1945-, provided a- reserve for
28,042,930
600,582
•
^782,59<i-
payments
.
account-of
on
the;Gbvernment :in the
325,000'
24,188,495
36,803
4^706^ff
/ v—1,822,577V 2,538;271
'"deductions
> In Oct.,
1945 the; company received partial
of
termination
claims -totalling-' $175,000.
In
payments
-
Other income
•
"
Rent for lease of plants
."
^
20^12,032
162. ps 2391.
\
• •'
closing
treasury funds.
.
'
19,760,154
Semmtj, KSigned.-v.
purchase
i
.
:' 4,540,033
\
;
note to White in the
principal amount
$207,000 bearing interest at the rate of 3%.— The
remainder of the
price ($19,101) plus those
proportions of associated
of
the
,
^4,476,590
it
of
issue a-nine-months'
t
-
.*........'
.Net oper. v revenues.^
yy h'"- '
Secretary and Harry S. Finkenstaedb,
common
White
proposes
bonds,
gage
-
.
Col
acquisition
;v
reserve appro¬
priations and deprec,
*■
—
Patten
case
,,,i;Trinidad;.. in
average
during
that
date
Advisers, Inc;
properties
.
^deplet.
'>'*'•
p $29,483
$56,835
,
Operation:
;
elected
Transmission,
Mexico; and known
price of $526,101:.
shortly "thereafter began converting its plant to war manufacture.
31,519,940' 33,707,822; 139,981,833:137,985,478 #
During the war* the company's work included' the development; engi¬
12;i39,935 r 12,139,383! 49,189,232 48,584-,150
neering and production of highly specialized airborne radar
Maintenance
testing
2,089,925
2,108,735
8,691,695
8,038,340
equipment for the "Army Air Forces and the'United States Bureau
Federal taxes__i____.__
5^080,698
1,448,819
25,591,477
18,174,138 *Of vShips.
i
Other taxes
I,
;
' '
f' '
2,974,726
■>^;'H:-V;:
'
2,989,862
12,069,643
11,859,937
Adjust, for prior years'
VUhfilled war orders as at Dec. 20, 1945 amounted to
.V
approximately
;; prov. for Fed. taxes^; •
$72,500.
'
Cr231,234
Charges-in lieu-of
V Claims ragainst the Government
tuxes(
*
arising out of contract termina¬
',;on income
/
tions, amount to $364,805, based solely upon purchases of merchandise
2.648,951
377,371 •
2,648,951
Prop,
retirement
and
represented by inventory.
©peratingr, revenoesi
i7,ioo
V
Advisers,
jj
in
1941, the company obtained Government
intercommunication equipment for tanks, and
electronic
-36,309
$130,845
Prior: to the proposed: sale of
:
BUSINESS—Late
fOr
9,1;11
*
p^'2251.v" vV
outstanding
from
which
Power
equipment, pub¬
total
5,766!
board of Trinidad at or
subsequent to the closing,"
and his associates
will'have the right to acquiro
up to 33Va%,.of the common stock of
Trinidad upon the same
terpas.
In. such
event, Pattern is to sever-his oonnection with Electric
,
equipment,
The products
an
1,94-t
/./'
7;.: 185,528
Dec. 26 approved the sale
by Federal of its entire interest
of chairman of
in
companies,
represented
of
392,599
•
has been
public offering.
;
year .period ended June 30* 1942.
contracts
«
companies. -These
92,610
$37,193
; pfr; 3,361/ ;
ex-
Electric
stated
months
,
address
"Lafayette".
addition,; the company produced: specialized test
well
•
1945^-12 Mos.-—1944
'.w:-
of the'
White
;
address
.four
Subs.)—Earnings^.
1945—-3 Mos.-—1944!s
$
.
under
and
3,676
•
J.
and-^recording-systems for Governmental, agencies and.
undertook the-custom design slnd' manufacture-of
public address and
recbrding systems for educational and other public institutions, as
?
Period End. Oct. 31—-
In
..
lic
>
>
produced
them
York
.2,998
&
G. White & Co.,
Inc., an
purchase price of $790,000.
by .the'company under the trade name "Lafayette" represented
an
average of approximately 39%
of the dollar volume of the total
sales by the company
during the four year period ended June 30,v 1942,
t ^LIABILITIES*—Accounts payable
(trade)k $958; accrued liabilities; ■
$2,631; taxes payable or accrued,
$17,968; accrued interest on bonds (
<at 2Va /'o for the
period)^ $24,787; •• deferred income accruing over ;•
term of lease,
$4,747; lease deposits, $837; ^income
mortgaged sinking
fund bonds, due June 1,
1951, $991,500; capital stock (par
$1),-$16,784;
deficit, $56,982; total,
$1,003,23J,—V.{ 162, p. 246,' V "
(&
Television Inc.. of-New
2,784
$228,624
issue
on
Trinidad
all
sold
.
j
Electric Power & Light Corp.
by
it
$37,193
7,247
162, :p, 2816.....
*
Company-was approximately the fifth-largest in
products sold in the pre-war period.
The products
company' under the trade name "Clarion" represented
Wire
which
sold
(
-
f
Radio
$225,840
Federal Light & Traction Go.—Sale
Approved—
:
average.of approximately 28% of the dollar volume of total sales
by the company, during the four year period ended June 30, 1942.
r-'The company^ also manufactured similar
products until Feb.,.-1942
v
ASSETS~^Cash in bank and on
hand, $18,587; cash held
trustee under terriis of trust
-Ittderiture, $44,581'; accounts
of
Stealing)158J
-
an
-.
,49
$483,563
of: $2,062,500' first mortgage 6%
bonds, series A,
Aug. '1,. 1949, has been called for
redemption on Feb. 28, 1946 at
102 and interest.
'Payment will be made at any branch of the Bank of
Montreal in Canada, at the
agency of said bank in New York (in U.;S.
currency), or at the bank's office in
London, England (in pound/
■*
these
the
110,253)
Cr39
$3*2,264
The£ entire
•
approximately
one
470,005*
178,728
Federal Hraln,Xtdl.—Calls 6% Bonds—
thereof;
of
by
any
1.882,530
439,713
f■■'ayH/y.r'
250- dealers -throughout the
the
company
distributed
these
products
over
a
number of years, it had no
written
to such distribution,- and the largest amount
respect
with
'
1943
$617,499
4,496,38^
17,114
.,
James McEvoy
.
dealers
of
1,200
$6,326
'
through, rthese
contracts
6,876
1944
$2,287,058
Evans P)poducts Go.—New,
Secretary and Director—
•
Corp. of America on
its fiscal year ended
years,
company through
States.
Although
'
25,477
.
'
of
profit
"Deficit.
{
$32,333
24,787
*
Depreciation
Amortization
the
United
-Years Ended June 30-
$490,810
profit
.
by
-.front
Bond interest
10,000
1,648
taxes__
"refund
,
■
5,000
7,000
STATEMENT
$118,761
Hi"'
—
profits
war
-V,
,
Balance;
10,000
3,500
*
the principal products manufactured by the >
company were public address amplifiers and public address and recording
systems.
Of
these
items,
public", address
amplifiers: and *
recording systems were distributed under the registered name "Clarion"
L-,j
■.
Discount
8,000
7,000
v
3,500
prof, taxes (Cr')_
"
Until
20,000
due
;
Electronic
business during
- -
-
■!
5,600
1945
89,103
,v
income_-_>*
Net
and First National
of Transformer
name
changed
commenced
June -30,' 1937.-
$68,593
Co.,
BUSINESS—Corporation
1934,
having
20,000
14,000
$5,423,165
1,089,812
•'
SI
cess
commpn
City, Jersey'City, N; J.
AND
2,
name
Dec!
194414^'
>J'
May
this
"
1.945
Agents—Colonial Trust
HISTORY
York
'
income;:
Transfer
-
27,000
'
off_
being offered ; ^curecwr, ootn'siweedinj Pwitt
are
Bank of Jersey
,,
RESULTS
Post
The 70,000 preferred shares
'ke^acet^t^ef^the^TOmpany.^white. 50,000
for the account of stockholders.
shares
mortgage-sinking fund
Gross
Irving J; Rice* & Co."
other
Total income
excess
Co.; Childs, Jeffries & Thorndike,
' and 50,000 shkes of the coimnonstocK are
.
ment—
:
&
written
Prov, for Fed. income
cents
Simons, Linburn
pur¬
below
Common
18,900
_____
Sept. 30,'45
$1,296,029
Interest. paid
Inc.;. .Coburri .& .Middlebrook; Grubbs,: Scott and' ; Co.,
;
:
debts
V Total
>
6cumu-
at Ll(^ it« iav
undei^stood
redemption will be raised by the sale
issue; ( VWall Street Journal."
55
rerjeg,):
less dis-
sales,
134;:
cumulative convertible ($1 par), pre;b ferred stock was .made Jan. 7 at prices of
$5 and $10 per
share, respectively. • The offering was made by a- syndicate composed of First Colony
Corp.; Hirsch & Co.;
.t-
.^tlve participating.^registered-'/income'^^bonds,
that
p.
offering of 100,000. common shares * (par 50 cents) and
Ltd.—6V4S Called—
March
profits taxes.—V.162,
excess
Electronic7 Corpi of America^—Stocks Offered—A
pub¬
lic
common
-
(aft'er
' Operating profit
;
»
reclassifying; each share v of
of
Bad'
.
r
Feb.
income and
"After Federal
'''U
T y
•
to
respectlvo
forth
201,919
$0.25
the
set
14,000
3 Mos. End.
'
1
count, etc. yPLuS*
Sell., gen. & adm. exps.
$90,222
456,070w
share_i ;;
com
1944
$89,791
.
.
''
Dodge Manufacturing Cb;~T6' Reclassify Stock/--
■
l
•
Net'salts
—r—i's
oiitstdg.-- -* 's
connection
•
_____
COMPARATIVE INCOME
Vacuimv Cleaner- Goi -Earnings—
profit
stock
Middlebrook_^_l_c—
.
$5,497,653:: $5,030,895 $53,216,900 $44,542i663
Quarters End. Oct.*31—-
;
/ ^ Diebold,
in
agreed
stockholders
common
Childs, Jeffries & Thorndike, Inc..Grubbs, Scott and Co.——_______
;
Irving J. Rice & Co._____________________
com¬
162, p. 3071).
; Eureka?
preferred and
respective names:
their
Coburn &
Cost
$5', 1*50,397
selling
of
have
Preferred
9,353>9.4
.
above
Sales>VL^i^.:^^ii::^
the
and
company
shares
receivable
underwriters
Colony Corporation-—..;
™_'
Hirsch & Co.-_________
Simons,, Linburn & Co.j__;
1946.—5 Mos,-^-1944
$1,497,493
-
;
the
of
accounts
increasing peace-time business.
several
First
3.3
Edison Bros. Stores,/Iiic.—December Sales—
f/
from
number
Pet.
13,687
99,967
,
financing of additional
'•—Decrease—
v-...*\.
1946
Corp..
Light
Powec &•
•,,/.///>,*/:•
?•
the
the company's prospective
UNDERWRITERS—The
as
figures do not include the system Inputs of
panies, not appearing ln%hoth periods:—V. 163, p. 70. '' *
101,769 shares, which will bring the
400,000 shares.—V. 163, p. 69.
outstanding to
which
additional
an
/
.
Inc.,
for
with
oper¬
.
Electric
on%
issue
Co.,
follows
as
"Operating Subsidiaries
Co.-Splt-Up, ,Etc. Approved-^
Services
Light-Go.,--Electric
Light
were
:;..»•>«».-.."v- :.••
Jan,' lo approved air inCreasO' in the authorized
stock from 200,000 shares to
500,000 shares, and a two-for-onc
of the/ present-outstanding
149,115Vs shares. The' company
common
Ebasco
&
&
1945
American
Detroit Harvester
of
,
on
and
-
.ended'Jan.'3i 1946,: the System inputs of client
companies
American
-rr—•*
.«•>:- $0.63.,
• >/ $0-59
248,329; shares of common stock outstanding Oct.. 31,
1945, after giving effect* to two-for-one
split Mip of March, 1945. tAfter
charges and'^ Federal income: dlid excess
p f of its taxes.-—V. 163,p. 69•
Based?
Ebasco Services Inc.—Weekly Input—
:
.
1945
$157,609
.
__
191
inven¬
manufactured material,
contracts.
During
!:*:%
r
the
first
half
of
the
year,
we
continued
to
j-
*
increase
our
manufacturing
facilities to meet the growing demands for military
and essential civilian products.
Existing plants were expanded, addi¬
tional
plants
were
leased
and
production
was
begun
in
a
new
Government-owned tire plant at Des
Moines, Iowa.
After V-J Day,
we
canceled leases on all plants not required for
post-war production.
Arrangements- are being made to lease a Government-owned
plant at
Pottstown, Pa. to help meet the abnormal demand for tires
duririg
"
Monday, January 14, 1946
CHRONICLE
& FINANCIAL
THE COMMERCIAL
192
years.1 Reconversion of our P]™ts 1♦
peace-time production is proceeding on schedule, but
some
shortages
of
raw
materials, machinery and
the
next
^The^natkmlf stockpile
in the following table. Both investment
have been estimated to Dec. 31, 1945:
operations, is shown
and security
profits
«JT\tn
theie aie stLl
laboi affecting
few
'
Total Paid A
Per Share
r'
Dates—
Williford, Vice-President in charge of the Ansco Division,
During the war years, Mr. Herzig served as Manufacturing Manager
.[
slightly in 1945.
March 15, 1945_„—————
*$0.22
'
S0.22 v;;V$ _a-4^.^;
Small shipments from stocks found on reoccupation of the
®&st
June 15,
1945
0.22
0.22
have be^un to arrive and larger quantities are expected soon.
Ship
Sept. 15, 1945
—_L__'
0.22
" 0.22
nfents
sThould continue to increase in 1946. but it may be Itwo or
'
1.65
V
0.01
'
V158
three
before output reaches normal.
It is estimated that the .Dec. 24, 1945
United States will consume 900,000 long
tons of .rubber in 1946, of
$2.31
$0.73 'QJ'Vv $1.58 : V
which
approximately two-thirds will be American-made Wftoetlc. SS? Total
All of the
above dividends are taxable.
The first three payments
has
under lease, and
is operating for the Government,totaling 66 cents are taxable as "ordinary dividends."
With respect to
synthetic rubber plants in Akron; Lake Charles, La., and Port Neches,
rubber. increased
of natural
.
:
nounced.—V.
_
the
arranged with banks in August,
of providing war* and reconversion financing,
for the purpose
terminated in October.
1944,
•w&s.
11: fv.-..'•
V
•
,
,
SUBSIDIARIES) *
1943 ^
1942
ACCOUNT (INCL.
1945
1944
CONSOLIDATED INCOME
'■/, J
31—
Years End. Oct.
Profit
from
—.
rhSrtst lnC°me
•
for
37,450,000
3,000,000
mon
three
with
/
4'V2c/c
16,446,735 16,310,846
dividends..^; 1,957,532'1 1,752,750
pfd.
-—681,193
6'% .pfd. dividends--,—
/.Surplus for* period-
!
9,619,901
..
9,984,162
,
per
"Induing
:
.
H
'
///ASSETS-^-:
61,766,451
.*After
'.L—1-1——
profits tax refund bonds
•
Customers' notes, accounts; etc.—i—
inventories
Excess
tracts
Deferred
4^2
charges
Other
Government-
Earned
surplus
20,420,407
338,794
3.122,335
410,504
2,384,124
381,778
1,914,377 •:
.
*'
:
itemsi
local
—V.
162,
"
Net
S
"
1
'
!
tl6,170,396
^
/
973,461
43,201,786
52,706,587
' .
v;-.,'',
i
'
\
•,
■:«
'
#v
"
f I,1
"»/,
•.
In
<■?
•
taxes, etc.—V.
As
162,
2,325,600
Net
539,222
of
interest
the
all
be
securities for the year,
was
long-term
capital
interest for the year, after
and
$3.06
$7,226,421'' $6,812,537
3072.
"1945—9 Mos.—1944
1 $37,523
? $42,259
1945-r-3 Mos.—1944
Period End. Sept. 30—
profit——.;
161, p. 2786.
$13(479
$13,S03:•
:
■
"Dividend
Fleming-Hall Tobacco Co., Inc.—Proposed Acquisition
Interest
negotiating for the acquisition of the Essex i
Cigar Co. of Detroit,'Mich., which, when completed, will give FlemingHall addit onal plant capacity ior an annual production of more thaii'?
million
said
I e
cigars,
a v
division
a
plans
call
revealed
Taxes
The
company's Brooklyn,
:
;
aud.
Other
v
of
&
from
U:")ss
N
-
-
railway
from
i
ft*;
ry.
income—_
oper.
1943
•
'■
:■.
816,337
1,145,854
392,309
in
report
;
983,150
e.
>
x
>ss from railway—127,080,f53
F- ; from railway_„l^._ V
9,323,6°9
I-V~ry.
/.
-
income.—4,433,875
oper.
162,
18,174,143
^
15,347,362 •'«
7,855,246
^
9,455,238
6,166,466
29,116.659
29,786,520
11.645,701
v
5,575,142
•
f-are
cord
i
the
Jan.
15.
•
12V2
10,
cents
and
Lee
B.
declared
stock,
.
.
1945
were
Phil
Jan.
of
iNet
22
to
cents
holders
5
formerly Assistant Secretary; has been
■-
Vice-Pres'dent
a
in
of
Net
of
inc.
Dec.
has
opened
truck-tiailer
dated
dividend
Dec.
of
shareholders, of
dividends
$948,803
of
-
;
$51,283 Jp 1944,. $37,232 in 1943, $31,099
securities
received
as-dividends,
1942
7;1944-:;;
1943
$181,682
$210,935
4.512/851
2.783,946
Dr2.826,494
750.879
Dr780,132
Dr 781
stock—__ X)r4^556,136
$181,682
$210,935
$139,134
$95,849
named
Vice-
a
of
162,
3072.
p.
the
southwestern
*
$211,716
£
•
f
31
330.308
ended
(as. above)__, V
Preferred
Total
Total
divs.
22,
$1.65
record
1945,
per
as
which
share
undistrib.
the
current
of
the
close
previously
payment,
of
paid; this year,
as well
State
and
in
IIFor
p.
3191.
in
;
911,940
•'
948.803
r
$1,249,847
b-
$366,930
•
:
520,088
$330,308
$343,759
-
$337,908
'
13,969,944
13,869,944
15,585,574
'
399,000
-
606,734
■
14,762,381'
386.000
520,088
>■ :<■. 374.000
458,891
$1,256,996
and
capital
$6,200
municipal
1944
in
and
stock
1943
$1,775
tax
and
in
in
BALANCE
ASSETS—Cash,
taxes
1941
-
DEC.
dividends
in
tax
1945.
of
paid
31,
in
$20,000
$1,300
in
Under
in
;
S.
receivable,
interest
accrued,
for securities sold,
$11,628;' securities,
at
securities, $6,000,000; other securities, $15,856,-
receivable
Treasury
686), $21,859,686;
the
check
Dec.
24.
1945,
business
Dec.
17,
1945,
with
the. adjusted
sources
the light of the full year's
total, $23,178,808.
;
'
preferred stock payable Jan. 2, 1946,
$35,000;' $4.50 cumulative preferred
stock
(par
$1001,
$6,200 000;
common
stock
($1 par), $1,638,898;
capital surplus, $14,762,381; nrofit on seeur ties 'sold less dividends
paid therefrom. $105,849; undistributed income, $366,930; total, $23,178,808.—V. 162, p. 3191.
...
.
.
.■
,
v
LIABILITIES—Dividend
$69,750;
reserve
for
on
,
or
stock
Gas & Electric
distributable to
General
of
Public Utilities Corp.
_
(
Gas
&
interest.;;;.--'
T
V,.'.S
•»
"
;
the plan of reorganization, holders of
Electric Corp. 8-year 8% gold bonds
r
.
$7,438,310 Associated
due 1940, which will
receive 4l/4%
plus
1943
tq Jan
1, 1946, the effective date of the plan, for each $100 prin¬
cipal amount of such bonds held and all rights to interest thereon.
Debentures will be delivered in principal amounts of $100 or multipies thereof.
Any balance of less than $100 will be paid in cash,
except that if such cash v;ould amount to . $50 or more the holder
may elect to receive a debenture in
the principal amount of $50 in
participate in the plan of reorganization, are entitled to
convertible debentures of the company, at the rate of $102.56
interest at the rate of 4%
per annum on $100 from July 10,
-
$73,468;
Listing of Common
to be changed from
of Associated Gas and
Co.
1
,
The joint plan of reorganization of Associated Gas and Electric Co.
and
Associated Gas and Electric Corp.
was approved by the SEO
and the U, S. District Court for the Southern District of New York
by orders dated April 14. 1944 and Sept. 12, 1944, respectively, and
confirmed by the U. S. District Court by order dated Aug. 9,
1945.
Certain
security holders-Instituted' legal
action- contesting certain
aspects of the plan of reorganization, but the U. S. Court of Appeals
for
the
Second Circuit
lejected their contentions and the U. S.
Supreme Court denied the petition for certiorari filed by one group
of
such holders who hate been
excluded from participation under
the plan.
By order dated Nov. 23, 1945, the Court set Jan. 1^ 1946
as
:ne
effective date of the reorganization.
As part of the'plan
of
reorganization, Associated Gas and Electric Corp. will be merged
into
Associated Gas and Electric Co. end the name of Associated
Gas and Electric Co. will be changed to General Public Utilities Corp.
Upon consummation of- • the
plan of reorganization General Public
Utilities' Corp, will be vested with all of the assets owned by the
trustee of Associated Gas and Electric Co. and the trustees of Associated-Gas and Electric Corp; except such assets as may be retained
for the time being by the trustees pursuant'to law or upon order of
the Court
*
'' '
'
' ! ,'
/ 1
'
Pursuant to the plan of reorganization, General Public Utilities Corp.
will issue 8 330,141 shares of common stock (par $5) and not more than
$8,366,800 of 4 V+% convertible debentures due Jan.: 1,
1956, That
debentures are to be subordinate, pursuant to the terms of the plan,
both as to principal and Interest, to so-called senior debt which may;.;
be created
in the principal amount of not more than'$15,000,000.
Pursuant to the. terms of the - plan, there will be created $6,000,000
of
such
senior debt-in the form of lVa%
serial notes maturing
annually over a period of five years.
The common stock and. deben¬
tures will be issued to various holders of securities and claims entitled
to participate in the plan of reorganization.
The 1 l2rc serial notes
will be issued for cash to a group of commercial banks.
Common stock of the company Is issuable to the holders of securities
and general claims of. Associated Gas and Electric Co. and Associated
Gas
and
Electric Corp., which are entitled to participate in the
plan of reorganization,./other than
holders of Associated Gas and
Electric
Corp.
8-year 8%
gold-bonds due 1940.' Included among
holders
of
general claims is Associated Electric Co. whose claims
against the joint estates of' Associated Gas and Electric Co. : and
Associated Gas and Electric Corp. have, with the approval. of the
Court
been settled by an agreement pursuant to which, among other
things, Associated Electric Co. is allowed a general claim of $5,000,000
without
1945
,
(U.
—
Exchange has authorized the listing of 8,830,141
(par $5) upon official notice of issiunce, to
reserved for Issuance, pursuant to the plan of reorganl-
common
name
1945,
therefrom.
1942.
;;;;
paid
dividends
amount
over
SHEET,
$16,000
income
tLess
1943.
$1,234,026;
of
Federal
'
payable
as
,
inc.!
.
Status—
enclosed
963,692
302.250
__,__::
capital surplus__„
•After
-
President.—V. 162,
was
vr'b; 23,125
3,592
district,
-
Branch-—
declared
797,763 -V-
paid-^v
dividends
in
A. Kirksey,
!
;;; 285.067
337,908 V"
343.759
10,000
-
year
$150,000 branch in San Diego, Calif.,'
that city, the Imperial counties and
a
users
$139,134 -yl
'
______
alphabetical
v
'
-
:
securities
sold
■"
IfiSi
.
•
YEARS ENDED, DEC. 31
sold,
provision—uZ
for
/,
said:
source
•
1
cost
of
1945,'
of
$911,940"
$963,692
$1,128,071 -,$1,311,043
etc.,
The
140,503
■
$797,763;
.
'
V-.
charge
director.—V.
Fundamental Investors, Inc.—Tax
tff
130,101
*
"11 Excess
Common
Promoted—New Director Elected—
.
letter
-
F, Undistributed lncome-r-
per
follows; Jan. 10r an initial of 12>/a cents;
and Oct. 22, a quarterly of 15
cents.
'
'-..i
yj:
of
company
the
value
securs.
on
as
lower California, according to R.
A
137,796
f
~
'in¬
Fruehauf Trailer Co.—Opens New
.
for year.
on
com.
$470
for
149,937
during year——.7
on
1944
The
33,847
.
'.'"v
securs,
on
prof,
sold
Div.
Payment
20
..
extra
elected
to1 service
29,331
•
July 20,-15 cents;
Lane,
Blatt,
been
dividend
payable
par.$l,
President.
has
39,059
•'
39,724
exp.—
Previous balance
quarterly
a
cents;
an
Official
Corp.—Increases ^Quarterly
have
common
payments in
1-^ay
24,145
;
Stores
directors
on
78^513
,
2817.
p.
Franklin
,
*13,727
47,897
previousbalance—__
Profit
The
1,380
1945 •:
.
:
94.698
602,125;
t
,
i'':
$1,195,197
STATEMENT OF SURPLUS,
tProfit
FromJan.l—.
41,947
$1,149,885
———J
market
1942
943,514 ;
•
214,790
$1,154,274
>-
V'S?:'r:', :>
$2,006,843 "
$2,431,747
342,845
I^
1942
$2,453,449
516,529
177,497
•Including $58,244 in
iv
' •''1944
1945
railway.—_$2,082,766
•
legal,
sec.,
expenses
•
Ry.—Earnings—
''
Jovember—
;
-
1942
$1,100,500
$1,107,937
debentures.
on
Net' income
Florida East Coast
$939,483
$988,804
paid and accrued
&
regis,
fees,
cutody
plant
Y.,
N.
'
31
* 1943
Transf.
for
day.—V.- 163, p. 70.
$811,307
bonds
on
Interest
7,1
Jan;
on
stock__^_
on
1944
1945
income
Total
concentrating ail production of
the Detroit unit which will be operated
Fleming-Hall.
operating night and
President,
.Korn,
cigars in
Sano
of
C.
S.
present
company's
vie
is.
that
is
'
,
,
•
,
\".v,
.
*
participating securities and general claims, 7.536,500 shares;
reserved for issuance to holders of 4V*% convertible debentures
The
to
INCOME STATEMENT YEAR ENDED DEC.
;
possible*
Associated Gas and Electric Co. after merger
into Associated Gas and Electric
outstanding.
Fitchburg: & Leominster Street Ry.—Earnings-
as
Electric Corp.
After
equal
of
issued
(b)
capital gains.
$2.78 was from Jong-term
it is not always
exact alphabetical
:
of the company upon exercise of conversion privilege, 493.641 shares;
after taxes, iy- (c) reserved for issuance subject to the order of the U. S. District
gains.
Net
Court for
the Southern District of New York, contingent upon the
all expenses
final determination made of certain pending litigation, 300,000 shares.
deducting $6,200,000 preferred, stock, the net asset value was
$20.30 per share of common stock on the 1,638,898 shares
If all outstanding warrants entitling holders to sub¬
scribe to common
stock had been exercised, the resulting net asset
value would have been $20.18 per share <>n 1,800,220 shares.
'
'
share, of Which
per
in
holders of
shares of new
159,058
reasons
companies
ssatioh of Associated Gas & Electric Co, and Associated
Corn, for the following purposes: (a) estimated to be
taxes;-was $797,76277 Substantially . all net profit and net income
paid in dividends.
The dividend on the common stock was
was
mechanical
arrange
The New York Stock
shares
Presi-
Altschul,
Frank
company,
.
General Public Utilities Corp.
Co., Inc.—Annual Report
sale of
of
which
the
dividends
from
to
Stock—
$2,435,865 received for
.stock issued to holders of warrants.
$4,512,851,
was
and
2516.
$1.19
$1.07
amortization,
1
report
Corporation,
539.221
539,221
•
$1.06
excludes
from
p.
.However, they are always as near
:
position
$843,988
$775,395
depletion,
American Investors
profit
162,
NOTE-—For
possible
order.
:'r7
'' :"H; "
annual
consolidation, General Reinsurance
company,
will .have FcapitaJF of;; $5,00d,000 assets:: in;
$38,000,000 and a surplus to policy-holders of more than
of
1942
$3,169,588
1,385,000
result of the
a
$19,000,000.—V.
;
1943
$2,160,395
;
-
and President, on Jan. 4 announced
Superintendents of the States of New
surviving
the
.
$764,238
•
depreciation,
•. •
increase
common
•-
:
'$742,473
$1.02
■■
Corp.—Merger Effective-
H, Boles, Chairman
respective Insurance
the
York and Pennsylvania had approved the merger agreement between
% this corporation and Mellon Indemnity Corp., recently voted upon and
r 1945—9 Mos.—1944
approved by the stockholders of both companies.
Accordingly, the
$7,803,807$7,387,227
merger became effective as of Dec, 31, 1945.
>
;
,
,
1,973,801
; 1,689,604
.
wenty
devote a part of his . time, as Chairman of
an
engineering-management organization
■
548,321
19th
the
This
1945—12 Mos.—1944
$1,193,286
$1,270,056
corporation
Inc.;
General Reinsurance
dent, f seated that as of Dec. 31, 1945 net assets applicable to the
outstand'ng preferred and common stock were $39,468,772.
The in¬
crease
for
the
year,
after dividends of $5,317,277,
was
$7,737,273.
:
.,v
.rV-
:
General
64,951,850
•
.
1945—Month—1944
Sales
This
will
.
1,982,700
share—
deducting
"if
*
2,769,270
>
Period End. Dec. 31—
Net
had
w
,
1,921,300
charges, etc.—V. 162, p. 1281.
X-Xrr
income
—V.
and
Managers,
<
$2,663,773
outstand'g
per com.
"After
!
267,228,108 294,059,549 273,970,591
—
<
r*'*
p.
4
has
.
that
1944
$2,746,938
1945
4.
shares
Earns,
tl5,457,359
922,496
—
-
162,
created
Johnson of Detroit has been elected a member of the board.;
retired last Dec. 31 as a Vice-President of General Motors
E. F.
He
$121,172 after
•
;
.
(est.);_'
profit
Com.
.
(M. II.) Fishman Co., Inc.—December Sales—
—V.
appointed to the newly
been
HBased on
*
'
t
State
&
taxes
,
for.
1639.
p.
."s
•
,
projected in 1945 by a group of New. York business men and engineers
recently released from the Army and Navy to provide counsel in the
.International field relating to .the flow. of. American technological Ideas
was made in this quarter for re¬
deduction was made for the excess profits
Sept. 30—
KX\
———
reserve
"
>•
$1.00
profits tax -credit.
.
1945—3 Mos.—1944
$2,480,530 ;$2,368,690
635,060
481,803
•
Fed.
income
3,476,495
27,447,696.
28,317,369
14,156,787
13,918,501
14,711,087 21,816,018
15,025,620.';. 17,625,952
for
Prov.
depreciation- of $78,843,114 in 1945, $57,380,549 ^
ih 1944 and $51,435,333 .in 1943.
tAfter deducting $32,908,041 in 1945,
■330,929,068 in -1944 and $30,601,500 in 1943 U. S. Treasury tax notes.
■
"
"Profit2
•
17,884,061
con-..
———————
After
• • ,i
•
resigned as a Vice-President and a member
directors and of / the Administration Committee of
of
corporation
this
Gaylord Container Corp. (& Subs.)—Earnings—
k
Total
30L
•
9 Mos. End.
46,000,000
10,942,625
surplus
Detroit,, has
Mooney
D.
board
the
of
excess
48,671,900 ; 19,458,960
,23,000,902
:
—
1094.-
—!—
I
—
and accrued
State 'and
Capital
excess
charges and Income and excess profits
"After
p.
45,412,900
20,000,000
44,000,000
payable';—-,.—
Federal,
taxes
43.800,000
u-
.
subs.
in
int.
(contra)
payables
•
General Motors Corp.—New Director, etc.—
James
f After . deducting; exicess profits
Power Co.—Earnings—-
Gross profit
\ *Net income—
2,735,996
42,000,000
——_j._—
stockholders
Accrued
'
.
position or Director of Formula Feeds effective Jan. 1.
He will have
charge of the nation-wide coordination and expansiort of General Mills'
feed manufacturing activities, now carried on in eight plants through-
Technical
$358,147
,
$0.61
$0.62
.
162, p. 3072,
Period End. Sept..
3,476,495.
2,557,020
48,785,850,
under
■
,.'
♦
provision
share. ' No
per
credit.—V.
Gatineau
—_
Foreign bank loanstracts
cents
tax
_
9,096,336
2,224,518.
42,600,000
——
—————
Accounts
;
.
Thomas,
W.
Edgar
11,219,138
———
stock
payable banks.,.
Long-term debt
Advances
;
w
Notes
Minority
1
deducting
credit.; .tBefore
28
267,228,108 294,059,549 273,970,591
—
stock
preferred stock series A
Reserves
±lrJ.
f^r. renegotiation,
reserves
negotiation reserves and no
'
.
—;
—
1
Common
.
■
V
;
$218,780
-
For the 'quarter ended Nov. 30, 1945, net income was
income
and
excess
profits taxes, after tax credit, and
63,049,712
14,156,787,:.13.918,501
——
preferred
f:'o
6%
•'/;
68,427,043
68,426,722
7,480.004
.LIABILITIES—
■
86,982,057
2,809,879
<
-
Total
i|
gain
;/
.
'
Fred
,
■
24,511,307
93,766,250
under Government con-,
(contra)——r
assets
annual
will receive their quarterly dividend on
•;1~ v-"
General Mills, Inc.—Director of Feeds—
- 1944" V
1943 M
$1,125,911 $1,721,905
• J907,131
$1,363,758
' $222,561
v
357,912 shares presently outstanding.
■
"i. $
77,334,494
;
25,612,898
28,512,158
81,851,590
Cash
Other
,
year,
.
2817.
L'
«v
*
*$844,768
t622,207
profits' taxes!—-
excess
"-Net- Income
tax
-
$ 'i
85,342,892
"tand, buildings, equipment———
Cash held
'
average
and a member of the Administration Committee.
He previously had
renegotiation/
relinquished his status as group executive of the General Motors
reserves,
equal to 34 cents per share on 357,912 shares of capital
BALANCE SHEET, OCT. 31 (INCL: SUBS.)
.
:
divisions at Dayton, Ohio, and also of the wartime Eastern Aircraft
-'/stofelr-now^outstanding.'- '
;
rt-'V
VVv'
*
1945
1944,
1943 I '
In
the quarter ended Aug. 31,
1945, net income was $101,389 or r Division of OM.-V, 162., p. 3191.
v
CONSOLIDATED
•
1945
—1
charges—
HEarned per share..
•
1,945,896 .1,930,811
com. share-* •,
- $7.42 '/
..
$7.34
\ $6.40
„ * $5,04
.debenture discount and expense. ' tlncludes Federal excess:
taxes.
profits
,,' > /:
,
said.
he
"
..
Earns,
after
Income' and
6,831,509
8,585,780 .
„
1,946,876
1,951,434
v:yv
an
annual gain during the 10-year period, Mr. Trench
said, was in 1937 when the number of stockholders showed an increase
of 9,674 over the 190,044 stockholders, as of December, 1936.—V. 162,
■
2,895,7.25
3,872,829
Common shares.outstdg.
.-.(par- $10)
Exchange.
shown
largest
The
Jan. 9
on
G Mos. Ended Nov. 30—
Net
:.v- <•
; 2,753,896
2,724,774
.
directors
of
have
company
the previous
over
25,
Jan.
P.
Rights—
approved a plan to offer to com¬
stockholders rights to purchase one additional share for - each
shares held, at a price to be determined, subject to registration
the Securities and Exchange Commission and listing on the New
board
this
5,600
high of 241,838.
••;;.-"w:?vZ ..v.■
1 v-'
The total number of stockholders, representing a gain of more' than
,7,000
GamewelI Co. (&;Suds.)—Earnings—
,>;
►
*
V
than
more
The company is negotiating with
a banking group to underwrite+
out the country,
■.
•
■
1
^
■
- ,
» ^
*
c„
this offering, which is part of a program to finance its Southern mill ^
Since,, 1943 M:r, Thomas has been Executive /Vice-President pf the,
.development,; It is Indicated; that . the offering may be made in the
; Larrowe -Division
of General; Mills; -Detroit;; manufacturers of Larro
second week of February.-^V, 162,; p. 2641..
■
• ?
;
Feeds.—V. 163, p. 71."
'• •
'
X%}■.•: «»»
i; '■ j •■*••
• vv
- '■■■ V- *'LvV1. -■;
'-i ?
12,481,130
•
3,892,741
4,869,302
dividends
Common
2817.
p.
York Stock
,
,
162,
The
19,162,461
3,000,000
15,183,383
37,800,000 36,850,000
2,500,000 i> 2,500,000 *
L-
profit
Net
as
(Robert) Gair Co., Inc.—To Issue
62;i7M27•''>52,«83;055 5M9M07 12,05?'.639
""
income taxes
contingencies.
for
tProv.
Frov.
-
—V.
.
35,910,725
1,039,106
58,153,832 57,563,476
970,750 •- 796,597
58,714,805
1,652,107
oper._„_
income
Other
taxed
are
in the company's of January, 1946.
security profits
one-half being ,'v
maximum effective rate of 25%, !:
..
"-J-'
.. 'V
actually subject to tax and carrying a
475,417,111 306,475,692
12,409,015 10,307,083
592,786,931 579,389,804
amortiz.— 30,242,337 13,866,776
and
vary
545,389,601 352,693,500
^lli^gTxpen^-11!?Deprec.
$
$
$
$
681,744,073 651,410,411
sales
Net
^nd
of the division's postwar
has already been an• Z.
: ;
' "
; :
during the last 10 years, W. W. Trench, Secretary,
said in announcing
that the number of stockholders, as of Dec. 14
—record date for the January dividend—had soared to a new all-time
ore dividends paid irpm
long-term capital gains with only
dividends
gains
Capital
of
Stockholders
of
between "ordinary
somewhat from
as
and
given above. The final allocation will be shown
[£ annual report which will be Issued the latter part
that
1 , ,
\
'
'
,'• .
h'•* ■ ""V"
•
payment of $1.65, the allocation
"capital gains dividend"
may
24
Dec.
dividend"
•.
pp.
v-v"!"-';••■;■'■
.
series
General Electric Co.—Record No. of Stockholders—
Cflmnanv
Revolving- Credit,
162,
the first 1946
2641 and 1639.
.
which
of
cameras,
.
,
vears
$75 000,000
of
•
Mr. Herzig will direct production
Ansco,
At
line
!
Co.'a Marine Division.
Sperry Gyroscope
of
—
TCThe
-
Appointment of Henry A. Herzig as Manager of Ansco's Camera
in Binghamton, New York, was announced Jan. 8 by E. Allan
Plant
From Net /:'V From'''",;'
Investment
Security)'^
Income
■ Profits
W'v;-"v
Payment
General Aniline & Film Corp.—New Manager—
income
'
taxes, i etc.,"
lieu
of
$50
in
The maximum principal amount of debentures
in exchange for the outstanding 8%-bonds, assumminimum of cash payments is $8,366,800. ,
... -* .
cash.
which-will be issued
"
ing
the absolute
(Volume 163
THE COMMERCIAL
Number 4455
& FINANCIAL
CHRONICLE
193
STATEMENT OP SHARES ISSUABLE
:
'X: " PATING SECURITIES AND
"
ON
ACCOUNT
OF
^ entitled,
PARTICI-
,
GENERAL
—
'
'5/ju
>
•
—Will Receiver--—.
No. of Common Shares
j'
;
CLAIMS
Outstanding'
Principal
-1:
Total)
6.66'
4'/» series
»•
.
15,216,960
37,551,765
•:
-
314 <>aseries
U.r—
conv, invest.-certificates:
v
6 Yo
conv.
invest. ctf$., ext'd
,
50,100
/
'
conv.
AVzYo
4V£.$
debs., due 1965
'
,l
s. f. inc.
3,030,700
11,686,500
1,222,400
1,060,100
Series A—SVzYo
"V; Series
<6)
5
306.00
-
CVz'/o
ctfs.
,
1.99
ser.
conv,
.
2,678-61
1.97
58,835.43
1.93
4,479.91
6%
'-"'
ctfs.
deb.
conv,
■
','
*'"
series
234,550
GVzYo
"*'*;■
conV;
scrl^S1,
oblig;
''-'''y*
22,050-
1.07
1.07
240.75
is,900
i;o3
The
235.94
22,500'
Cv
^
conv.
obllg.
conv.
"stock
'iLj-'i'V'
169,400
1.03
I-
$6 cum. pref.
each
New
be
ID
1945
1.03
Jan;. 24,
shares
10,
of
contracts
v
i.-i
bills;
1.03
1.03
17.527.58
102,600
1.03
1,056.78
li,000?
1.03
made
and
1946,
It
all
.
of
•;>•
„
to
Jan.
25,
due-bills
record
.
1946,
1946,
must
"
>'
r*
<
,,
'>
►
in .settlemerit
be
must
be
<
t
'
•
'
102,OdiD.0Q
f
y.
company, or any
This provision
is
which restricts
one
subsidiary, without the
of
the
Peti'oit,
300,000
,
v
.
Offered
r
in
•
New
$40,000,000,
^
in
it
to
firm,
the
disclosed
that
been
concluded.
known as
be
•
,
preparing to- reopen
by forming a
public.
Van Alstyne,
a
$10,000,0QO
"
>
Higgins,-
exceeding $12,000,000;
Outstanding
stocl^ of an authorized Issue of
:
....
....
be
.Vi
..
offered
900,000
shares
slock outstanding, at
of
$1
in
will
of
par
of
price
a
to
course,
the
i'
old
new
will
concern
get
to
the
first
year's
stock,
corporation
the Securities
•
receive
new
•
.
the
process,
and
already
1
•
,
other
Higgins,
Inc.,
p '
■
machinery, plant
all
or
the
of
''
';. "
the
/:
Orleans, Inventories, work' in
by
the
old
company.
Orders
equal
net
will
company,
stock of
cashr,-
the
common
to
approval
v'
common
.
be
1,500,090
t
-
•
lease-
contracts
booked
exceed
indicated
output.
Higgins closed his three
shipbuilding plants Nov. 1, last,
during
Federation of Labor
Mr.
an
American
strike.
The
National Labor RelaBoard' recently ordered
a
collective bargaining election
to de-"
termine whether the
workers desire to be
represented by the A. F. of 1^
or the
Congress of
*:tions
f
stock
is
by
properties
common
....
will
shares
Higgins
shipbuilding
just
will
share—subject;
owned
i
Jackson
Exchange Commission. '
Higgins Industries,- Inc.; the
hold
Industrial Organizations.—V.
162,
2642.
p.
.
his
remarks
to'stock-
^holders in the annual report that
the cumulative
mergers provide a logical and
preferred stock, to permit to exist
nomical me airs of
eco¬
any funded debt if
expansion and that this
the consolidated net
goal can best be attained
earnings of the company fall below a certain ratio
/; through, an.
equitable^- plan of
^to interest charges and dividend, requirements.
recapitalization.,* •<
•« v
■>* v-»
^r* Cutright pointed out, class A dividend arrears of
Accordingly, in the interest of the stockholders and before
$7,663,760 have
proceeding
effectively, blocked such a program. The
y to \ complete ' the
^proposed. financing: the directors have
company
adopted a re so—
;)he-added,- will continue to sponsor
iiuition declaring it advisable to' amend
any recapitalization
able to both
Article IV as-adopted at
plan accept¬
class .A and common
tlie
meeting on Dec. 28, 1945, to eliminate that
stockholders.
In
te§trlctjon,. and calling a:-commenting upon the
special meeting of the stockholders to
outlook, Mr. Cutright stated 1946
-be held on Jan. 22,
bring a severe decline in sales
tvlll
1946, . fort
volume as
.the; purpose of considering and
compared with 1945 because
the end of
acting upon this proposed amendment.
the war
8,925.00
stk. (per share)
of
,
,
^
<9) General Claima against AGECO
"
■
,
Associated
Electric. Co.__iJt—-
AGECO 5J/2 Yt
due Nov.
V
AGECO
Int.
conv.
2.14
'
107,000.00
s
15, 1938 (not ext'd)
7Yo
int.
bear'g
coupons that
fore or int.
for
5,000,000
invest, ctfs.
Jan.
The
scrip
1940
(excl.
a a
of
applic.
8% gold
bonds, due 1940___—v—.___
to
,
AGECORP 8-yr.
Other general claims
of
v A
.
v
v
v>
va-— V
j
.
.
A
v
—
a
v^.Vf a a c
-
mission
Total
$256,407,344
item
-personal representatives;
'
The
>
Will
be
persons.
maximum
issued
listed
.as
in
the
of
of
($5
participating
par)
common/ Stock
securities and general
which
claims
the
to
suant
order
the
of
U.
S.
District
Court
Holders
the
for
but issuance of such shares is
litigation.
> '
the outcome o| certain
•
hoard
r
table is estimated to be 7,536,500 shares.
shares to be issued upon consolidation of
scrip,
decree
than
of
the
reorganization
after
years
such
court
(which
time
of
all
the
shall
be
not
i
,
1
Convertible
(W. T.)
period End. Dec. 31—
Sales
1944
bearing
and
and
non-interest
1947.
I
.
(■;'■
="
scrip,
due
,,
^
Convertible certificates.
a
Stock
r
-
per
-
The
plan
of reorganization
will be issued,
provides
stock
common
.and
general
claims
who
but
would
otherwise
shares will receive in lieu
tional
1/I00th
of
share,
a
stock
common
thai
holders
r-v
'
entitled
to
of
V
securities
receive
receive
with
a
certificate
1947
to
stock
or
such
stock
such
j.eceive
sell
a
scrip
Feb.
1,
at
a
price
purchase
scrip
full share
Scrip that
holders
jioiueib
to
of
as
based
at
may
common
a
be
on
price
extra
necessary
to
enable
;
:
r;
such
.-:
holder
iy;, -.
■
:
"
'
of
in
December, 1945 had
146
on
of
50
cents
share,
declared,
8
n'.
r
._
be
-<
'
.
.
■
1
•
v
v/AJt
-
of
a
>
■
Facultative Reinsur¬
also
handles
the
placing
of
ceded
1890."*
$4,898,314
3,464,362
$5,280,189
3,253,15?
$186,385
$1,433,951
$2,027,032
2,015
31,163
20,539
$1,465,114
$2,047,570
1,790,361
372,092
$94,926
K;
5,034.,
.
•
1945r-10 Mos.—1944
$521,210
1334,825
.
$97,960
92,619,
:
$188,400
167,644
v
.
1,260,493
*
"
$5,341
520,756
$204,621
$257,209
r;z;
mortgage
bondholders,
Mr.
Street for the sole
benefit of
Brown is a member of
the law
Cooke, Brown & PateK New
York,Jf. Y.—V; 158,
(& Subs.)
9 Months Ended
Sept. 30—
- *Profit before taxes and
reserves.:
Reserve for tool' loss'_;_
Reserve for-
Fed. & Can." inc.
&*"<!xc. prof, taxes.
v''--
■■' -•-"■
s
Earnings—
1945
1944
1943
$2,397,659
$5,294,628
900,008
175,60O
i8,299
_
in
;
$340,357
contingencies..^
_
2362.
p.
/
'
225,000;
1,264,500
1,766,027
1,076(520
•■■'
.
-—•—
the
the
per
same
month
in
.Net -profit
1944.-; *
a
quarterly
dividend
of
-
Shares
$147,058
1,585,810
outstanding..A4.I.
Earnings
cents
75
same
share, which made total payments in
as m
1944.;—V. 162, P- 3073,
1945'
$211,093
railway—55,633
from
from
and
Hudson Motor Car
Co.
.
Jap.
first
firm, of
•
.
;
stores
•
viviA
the. election
Philip V. Brown as Treasurer of this
corporation, which was formed
operate the" hotel
property on 72ncl
.-
per
—V. 162, p.
share__'_^___LL_
2271.
'■
,
$1,096,139
$1,364,101
^
1,588,810
'
1,588,810
J
$0.09
_
.
S0.69
$0.86
,
•
Illinois Bell Telephone Co.
Period End. Nov. 30—
-
*
'
,
s
"
"
railway,—
-'Deficit.-;
:
income-—
2,487,902
.
;
94,026
:
1942
81,384
*3,565
34,911
Operating
Operating
Operating
4,802
rev._;
vi'-T
-lyT'Vi
-"
" "
2,587,744
' 600,196
143,994
'v.
revenues
expenses
11,898,919
_i_
10,235,944
■/•■;
;•
Net
2,614,516
971,796
—V.
.2,094,722
*614,026
563,869
•
taxes—
284,094
oper. income,.
income—
162,
p.
3074.
Illinois Power
The
Jan. 7
SEC
on
has
,
Nnrth
639,123
a
r
10,882,485,.126,516,367 117,975,3?7.
7,547,264
92,306.121
82,405,314
2,202,080
22,309,322
23,438,024
$1,133,141 $11,900,924
$12,131,989
944,835
9,569,222
9,687,157
Co.—Hearing Postponed-
postponed
the $52,000,000
interest)—by. the
^
$819,600
fy*
^
A group of debenture holders of the
company (a Wisconsin corporatKon) on Jan. 7 gained U, S. Supreme Court
approval of their efforts
-843,375
Net
:
'
.
$196,064
'
'
1945—11 Mos.—1944 '
11,917,626* 10,899,223 126,704,437
118,157,904;
18,707
16,738
,188,070
182,577'>
33,933
*
railway^^^.v-v -534,957.
oper.
;
1943
$238,646
1__L
revenues
''
$194,282
'M- 21,254
18,394
'
Operating
Uncollectible_oper.
1944
Earnings—
1945—Month—1944
1945
Debenture Holders Upheld in Supreme Court—
v;;;
■
month
149
oper., income___
Net
of
:
$
a;
31—1945—Month—1944 ;• 1945-^-11 Mos.—1944
$10,590,088. $10,621,725 $63422,508
$64,138,155
•
Net
ui
shall
■■,
Green Bay & Western
RR.—Earnings-
Gross
to
.
Inc.—December Sales Lower—
_
-,V-
r.
: ■■;
26,471,120 179,557,577 174,188,164
an
From Jan. 1—
the market price of the com¬
based on the market price of
stock.
per
Net ry.
exchanged prior to Feb. 1, 1947 and
scrip which
participating securities and general claims
|,mvn.ipciMii6
"^umico
aim
txamja
uuioiaiiumg
outstanding on
uu
1947 are entitled to receive upon surrender thereof
$
peacetime
ia v
$1,
;
other
is not
par
Net fiom
of
scrip aggre¬
gating a full share.
The plan provides that the
company will make
appropriate provisions which will enable
scrip holders until Jan. 31,
mon
■, ■
„
November—*
-T
.v
Gros's from railway—"
frac¬
thereof scrip calculated to the nearest
entitling the bearer to
such scrip is combined
when
shares
participating
r '■■.;
to
the
1945—12 Mos.—1944
■,.
va
.(The). Hotel Olcott, Inc., N.. Y.
(Dity—Elects Treasurer
Directors. appointed by "the. Supreme
Coqrt announced
""
extra dividend of 75 cents
per chare on the common
both payable Jan. 29 to holders of record
Jan. 19. Pre¬
viously, the company made regular quarterly distributions
of 50 cents
per share oh this issue,
and, in addition, on Jan. 29, last
year, paid
S2.50
l-fr ",V.
v
fractional
no
of
be
^
directors
share and
stock,
\,f an
SCRIP AND SCRIP FUND
27,747,905
$.■.'■■:■
,
\j
'
Not revenue"*
—rV. 162, p. 2643.
i
Increases Quarterly Dividend Rate—
1941. .1942,
-
;
,
1 The company during the
operation', compared with
-
purchase warrants.
:
Sales
.The
bearing
1945—Month—1944
(H. L.) Green Co.,
Period End. Dec.
,
':
'
;
t
4.
-
/.
.
f
„
.
Interest
profit $f
share last
!
poef.__
Deductions
1945rr-4 Week&-r-lS44.. 1945^~4T
Weeks—1944
$5,148,256 $4,235,637 $44;472,670 $40,994,057
,,
a
.
Department.—V.-162,~p.
$467,018
.
transp.
Grant Co.—December Sales
4.8% Higher-
r—V. 162, p: 3073.-
organization
,r..
30.73.
vi
',
1945—Month—1944
from trans-
Net, rev. from transp.
Rev. other than-
net
per
"
.-
the
-■■
,
-of
statutory; successorsof; such
obligations without fixed maturities.
p.
under
expenses
$0.74
•
'
.
Sales
—V,162,
rev.
Operating
Net rev." from
a
"
the
portation
•
'
.
Convertible
.
$0.97
or no
■*
•
•— v*.** va.
Honolulu Rapid Transit
Co., Ltd.—Earnings—
—216,997 ,"■■''164,960
222,738
222,738
-
Period; End. Diec. 29-^-
fs-t.
Department,
$14,128,001 $12,372,357
.Sales Increased—
sooner
the
persons.
1944
year.-
final
obligations/ due 2002, series A and B, unless they are
held
by persons who obtained their convertible
obligations in
ex¬
change for convertible debenture
certificates, or, by the personal rep¬
resentatives, legatees, distributees, or
'
ance
announces
.
1945
iilrie months ended Dec.
1, company reports
$539,252 or $2.42 per shard,
against $410,627 of $1.84
outstanding
except
-
••
managership of J. A. McCorkell.
This
department has complete
supervision over all assumed
reinsurance pre¬
viously handled by the Service
Department of The Home and
National
Liberty Insurance
For the
securities of Associated
Gas and
capital stock, will receive in exchange for
such securities either 4 V1Y0
convertible debentures or common stock
as
indicated
above.
The
only holders
of securities
of
Associated
Gas and Electric Co. which will
participate in the plan of reorgani¬
zation are those, listed in the
foregoing table.
In addition to holders
of; the capital stock (others than
original holders of preferred and
preference shares
noted
in
the
tabulation
above)
holders of
the
following securities of Associated Gas and Electric
Co,, are .excluded
Irom participation in the plan of
reorganization:
i
'
1 *
Corp.,
-
little
•
y
,
company
■
_
1170.
p,
Period End. Oct. 31—
•
with
.
a*
■.
Gross
-
..
^
.
•
.
'
-
companies
business for the
Reinsurance
•After charges and all taxes.
•
'
claims and interests.
Holders
directors.^—V.
;
,
it < necessary to build
up production
.
,
W '
Rome Insurance
Co., N. Y.—Organizes New
Dept.—
The
former, Chairman and chief
Shipbuilding Co., has been elected to the
163,, p. 70.
•
Southern
contingent upon
decree) lose all right to participate
the distribution under the
plan; and the securities or cash remain¬
ing unclaimed at the expiration of such time, shall become the
property
«f the company free and clear of
any and all
;;
of
company
'
\
.
explained, makes
.
162,
Exchange Com¬
York,
*Net profit
in
Electric.
New
^Nurhber of^ capital.
shares_i"»Lw___*_..
Earned per share
of
five
of
'Quarters Ended Dec. 31—•
I RetaU sales
participating securities* and general claims who fail to
present or surrender their securities or who fail to file, transfer or
release their claims;-within such
time as may be fixed in the final
.
Flook,
%
consiaerably before any substantial
billings can be made. While the company has a large
backlog of press orders on Its
books, Mr. Cutright
cautioned stockholders
that the immediate
outlook holds
many uncer¬
tainties, including government
price regulation and
rising manufactUring costs.—V.
GrahdTJnion Cd.—Earnings—
including shares to be sold for cash
fey* the scrip fund.
In addition,
493,641. shares are reserved for issuance upon conversion a of the
4Vi Yo convertible debentures which are to be,
issued, to the holders
•of-Associated Gas and Electric
Corp. 8-year Vh gold bonds due 1940.
Additional shares up to
300,000 may be required to be issued pur¬
District Of New York,
M.
executive of, the; New York
.
the
process.
.
•
Graham-Paige Motors Corp.—Neyr (Director—
.
shares
m
jplfcfc
.
the
or
successors
foregoing
This estimate includes
■
above
7
statutory
or
William
number
holders
to
legatees, distributees,
found
work
•
■
"
.
fcA a a
Blyth & Co., Inc., and
associates, the price
amendment. Proceeds together with about
$2,300,000
•of treasury funds are to be used in
1946 and: 1947 for plant expansion
apd purchase of equipment.—V.
146, p. 2370.
'
NOTE—Original holders of the securities listed under Item 8 are
persons who obtained such securities from Associated Gas & Electric
Co. in exchange for the securities enumerated in
of such
vv
convertible, preferred
stock to be underwritten
by
to be furnished
by
7,536,500.00
•Estimated.
,
va
Registers With SEC—
The company has
registered with the Securities and
50,000 shares of ($100 par) cumulative
-
(est.)
effect
outstanding
i
A'> 9&C1 9R
2.14
int. coupons & checks
V
to
vw
company
jf
*1,973,876
and
the, proposed amendment is to allow the
permit to exist,, without the aforementioned
* -*t* V
v.-.
consent, any
funded debt, including the
present funded debt;^ if the
^consolidated net earnings should at
-^u..
any time in the future fall below
the specified ratio.-
matured be
checks dated be
10,
purpose
.
«
(R.) Hoe & Co., Inc.—r!946
Sales to Slumi>-4-.
• ;
; - Harold G. Cutright,
President, In discussing the need
for divers!^fication of the company's products, declared in
the
right
consent of two-thirds
this corporation
acquired
Jamleson & Co. of
E.
,
banking
has
resources
plus-$3,768,000
>
In exchange,
(convertible into common stock to Dec.
benefit
of the
.51
a
and
;.v_
'
Golden State Co.,v Ltd.~Preferred Issue
Approved—
company's stockholders.
ser. B
stock.—
Inc.,. now beiriglaws to produce commercial
boats fabricated
pleasure-craft and automotive
trailers,
It will begin
wood,
with
public
$10.10
31,•• 1955). The proceeds are to be
used; to finance a $5,000,000 expansion and plant improvement program,/ ,,H" The directors have
proceeded in the necessary steps for the issuance
of the initial series of
the cumulative preferred stock. In
this connection, and after careful consideration, the directors concluded
that
one provision in the
company's certificate of
incorporation,'as amended at the Dec. 28 meeting, should be modified for the
due 2002, ser. A
offering
or
The
■t
'1,750,000
and
investment
arrangement
|7594o of the-total
;
Exchange.
•
C.
of
.
Orleans
of steel
all
accompanied by dueon Jani
28, 1946.—
redeemed
'
•
of
Co.,
,
common
that
,
u
Andrew
new
The
•
i v
&
business
stockholders oir Dec1; 28
-approved'
proposal to create and issue
150,000 shares of $100 par value preferred
stock, of which .the. ?omr '
.
^51"
company
•
.
*20,000,000
New
corporation
under Louisiana
,.1
».
2392.
p.
f 1,200,000 shares of
shares.
fv;Khnrps
close
•••
162/
formed
:>»
the
appointed
that
announces
1945, all the assets
that
financing
:*
at
31,
been
common
Corp.—Acquisition Effected—
Armour, President,
reported
'Noel
a
.
pany plans to-sell 50,000 shares
r
is
■5/ new
,1944
on Jan. 4 directed that the
distribution until' Jan.
25, 1946;
said
71.
p.
stock
'
v.
strikebound
his
no par value,
additional. share to
one
has
the
Higgins Industries, Inc.—Assets to Be
Acquired
New Concern Which'Will Offer Stock
to Public^—.
$2,364,381
Exchange
ex
prior
that
of
common
1946.
Stock
quoted
See also V. 163,
2,762.46
113.30
13,268.67
1,701,707
1945
$2,149,923
of
j ;jHigffins, Inc.—To Be
Organized—Stock to Be
;|to Public—See Higgins Industries, Inc., below. ;
effected; : In the common'stock, of
deUvered -after Jan. 10,
y
2,089.87
1.03
!
1944
R."
of Dec.
-Mich.—See V.
Jan. 1 to Dec. 31
$46,582
B.
as
'
Days End. Pec. 31
York
71.",
p.
Hey den Chemical
;>V
38,903 shares
^
163,
•
s
publicly held shares,
$40,755
on.
two
York
not
v
1,744.82
202,900
1,288,220
$6 div. series pfd. stk. (per sh.)
$6.50 div. ser. pfd. stk. (per sh.)
$7 div. ser. pfd. stk. (per sh.)
'
of
certificates
204,9.7
268,200
E„
^
oblig. due 2002,
T.
*
'
V.
■
RR.—Operating Revenues—
•
2002,
^ *'
6Yc
'X-
•
The Continental Bank
.& Trust Co. of New
York Stock transfer
agent for shares
'New
Gimliel Rrothers, Inc.—Stock Distribution—
l ot business on* Jan.
ser. A
due
*■ •:
6%
V;
- -
^
_—
'A split-up :will: be
the. distribution
issued in exch.
oblig. due 2002,
conv.
'
,
The
'
in the hands of ojrig. holders:
7 Yo
'
,
for the securities enumerated
in (7, above) and as remain
'
k
.
.
revenues
v: 163, p. 71..
holders
ctfs. 1931 series
were
.*
SEC
General
'*
.
Operating*
<$) Such of following securities of'
AGECO
3073.'
p.
by
6%
.
*
the
,*
of
tenders
of
Georgia &- Florida
46,036.29
1.91
6%. conv. deb. ctfs. series A*- I
conv. deb. ctfs. ser. B. of 1929
„
for
stock
period—,
8,562.40
deb.'ctfs;'series'F4-^
'
call
a
-
4,096.81
f
deb.
to
common
i
•
13,799.07
1.97
ser.
conv.
the
'
'
2.01
_—_________
Manila Elec.
CYo
Pursuant
•---
4,146.79
^
2.04
,
425,990
-2,986,570
2,385,300
6%- coftv. deb'.,ctfs' series B— *
6% conv. deb.-ctfs. series C_j
6Yo conv. deb. ctfs. series D—
t
"
'X V. 162,
unsurrendered %
GV2Y0 ctfs. Manila Elec.
'
with
-
r.conv. deb. ctfs.^& obligations >
of AGECO: " r •'•*
r:.
)
■
2.55
12,000
135,970
D-?-4#*;
,
v
Hf
•
*
•■'''•
;■
Gulf Public Service
Co.—Transfer Agent—
have been retired,
leaving 178,719
outstanding, .of which the International Utilities
Corp. holds
165,185' shares; or 92%.
f
yv: (!v ■ v:;\-v
-V-'-a"
Stewart Fi Raymond, who was elected
Chairman of the. investment
committee, * Is. in charge - of, the
^company's Investment program,J-
26,078.46
2.08
1 "I
C—AV2Y0
following
;
i;
filed
•
1
; 676:423 '
-.
i—
Series
3
;
EJeptrlc Co*-—To Become An
-'shares
f. inc. debs., due 1986:
s.
Series
|7)' The
'
30,682.24
2.46
on-Jan.
Corp.
•
76,070.57
295,668.45
r
2.51
>
105,870
D—4%
AGECO
2.51
2.53
t-t.—J
—-—- -
Series A—5 Vz
Series B—r5%' i
"
,
*
■
Series C—4l/2$>
-
381,521.64
,
&
■*«.;- :
debs., due 1982 f
'.•Series ■" B—5
<".x
37,175.82
2.57
-of
<4) AGECO 5 Yo .ine, debs.; due 1983;
<5) AGECO
569,608.80
-
■r.
conv. gold debs., due 1948
gold debentures, due 1983_
4Yo
56,780.83
>2.53
^
-
/
-
,
«;■
.
notification of its registration as a closed-end
management investment
company. •■■M A
:■>
In view of the change in the
character of the company's business
from a utility to an investment
company,'the board of directors has
recommended that its name be
changed to International Investment
-
2.55
,
1,469,400
14,845,20^0,,
gold debs., due 1949
conv.
Company
25,014.3?,
/■^.
-'
gold debs., due 1950
4VzYo, consol. ref., gold,, debs.,
1 i due .1958
———i-__--—;
,
,,
,
••
Investment Company:—
V
V .2:57
2,175,510;:^"; ; 2.61
;
22,337,600
''
11:■ 1,307,61/
2.61
•••( 973,320
__
conv.
securities
^
common
•
ext'd
gold debs., due 1977
eonsol. ref. gold deb. bds.,
5Yo
.
t
any
par
General Wat^r, G^s
conv.
5Yo-
v\,
ground
,
'
invest.' ctfs.,
conv.
1943
5Yo
$5
jSwcJf-.-i'
*
SVz'jo
; v
601,490.01
.
■
1943 '_r_
to
such
the railroad's
earnings
District Court in New York
dismissed the Investors' action
that
the
subject matter was
concerned
with
tho
.-j: "internal affairs of a foreign
corporation."
A
circuit
court
by
divided vote upheld the, lower-court's
ruling.
While
the
road
la
/.incorporated In Wisconsin, Its debentures
are listed on
the New York
Stock
Exchange and are transferable on the
company's books only
in New York.
Amounts due on
the. debentures
in
lieu of interest;
are also
expressly payable in New York.
1
the
on
,
'
11,301,690
AGECO fixed int. debs. & ext'd
/-v., i
'
■$;/■** (b)
861,756.28
6.54
69,470,240
series
<3)
.
of
money they believe is due them from
suit in the New York
State courts.
a
A Federal
.
series.;
;
surrender
upon
recover
through
•
8eries.^'4|s^^|^v^m'
A'h
Y?<:-.:2%Vo
claims, ehd:
or
to
'V';-wTfi'A
dividends which represent distributions in
respect of such
stock, representing dividends as of a record
date ■
: > v
%:'■ The. Supreme Court,
prior to Feb. i, 1947,- other than distributions out
6.61"-; s- i ;§31,062.47
.reversing the lower court decisions,
of,: earned 'surplus.
maintained
';;that "it would not be
Such fund
shall
not
include
vexatious or oppressive to
any
dividends out of ^earned
entertain this suit
surplus
^ in New York whether the
declared in respect of the shares of
$5 par common stock
3.06
availability of witnesses or any other
465,638.98 thus sold.
of a trial be
aspect
iV-'i Proceeds received from the
sale
considered."/
of
This conclusion leaves the
3.00
such
stock
and
2,084,107.20
capital
disway open for
the debenture
tributions shall be. held until March
holders to reinstltute their
2.98
•
31, 1952. ; On that date
suit in New York to
1,119,042.60
any
gain
payment of the sums
remaining cash is 'to be paid to the
they consider have been
2.96
* 1 3^4,530.02/
company and the scrip is
to
improperly withheld.—
V. 162, p. 2818.
be void in all respects.—V» 162, p. 781',
r
■
<
.
■"
477,150
,.,;
ip) AGECOftP Inc. debs., dur 1978:
/ ' ' 4-V4%
■
96,611.29
•:j.6-.58-
—_—,^
receive
;
•
or
unissued
to
"
-
scrip
may be, to
created
(a)
(1>
AGECORP debenture^due 197^r'•v;-. o Vu Yo series*.
$1,450,620
5Yo series
'1?,096,600
;
4.V2 Yo • series
9,197,095
such
participating securities and
as the case
a proportionata part of a fund
by the sale within 30 days after Feb.
1, 1947 of
$5 par common
stock, equivalent to (i) the number
of full shares representedby scrip outstanding on Feb.
1, 1947,
and (ii) the number of full shares
represented by scrip which holders
of participating securities and
general claims outstanding on Feb.
1,
1947 would be entitled
be
to
Per $100
Security or Claim—
of
I "general claims,
•
V'K-Lv
surrender
upon
until
^Jan. 21 the hearing scheduled
claimfr-($36,000,000 principal and
company
AmpriMn
na rorin American
t
itrht
wgnt
against
a?
&
pn»'C.
power
its
lor
$16,000,000
parent.
*v
Co.—v.
f„
10
ib2,
North
r,
p.
-xv/i
American'Co.
3074
.
■■
"
expansion of manufacturing operations at Willow Run,
a
Canadian subsidiary, and other corporate' purposes.
'
Incorporated Investors—Assets at
New High— p P;'p
of Incorporated Investors reached an all-time high
of over $93,000,000 on Dec. 11,
1945, compared with approximately
$5^ 000 000 at the beginning' of'the'yeat, William A. Pafkdr,
disclosed on Jan. 2. * On Dec. 22, distributions totaling $8,917,603 were
6aid to stockholders leaving total net assets at'the year-end
ing
to $83,644,874.
The net asset value per share,- after
.
President,
distributions,
for
the beginning
V at
the
of
will raise ,to
4.4
"
v-
.
~
at
group
taken
$10
same
Corp.
' '
,
were
•
.-
t
.
America; -*■' AnPolicy at Lower
,
„
The. holders of common
.
subscribe,
to
^ *
($100 par),
„
stock held.
been deterthe market
public offering price of the new shares has not
mined, but it is anticipated
that it will be related to
The
Liquid Carbonic Corp.—Rights to Subscribed
-
r
and when 500,000 , additional. shares were
price by the Kaiser interests and Graham-Puige
share
per
at' the
Motors
in September, 1945,
sold by an underwriting W;
undertaken
was
company
total of'4,000,000
a
1,700,000 shares of common stock
when
.
^
Indemnity" Insurance Co, of North
nounces Broader Aviation Accident
offering
presetn
the. financing
amount¬
adjusting,:
was approximately'44'^ higner Dec. 31, 1945 than
of the year.—V. 162, p. 2818.
«
'
■
•
■
| | Lerner Stores Corp.-—December Sales Off 3%—14
the creation of
--.I-. •
; 4'" Period End. Dec, 31— F
1945—Monih—1944 !;" 1945—11 Mos.—1944
the number";: Sales
$11,768,672 $12,i33,956 $86,081,297 $81,545,940
Of outstanding common shares. " This will leave unissued 1,000,000 .; —V. T62, p. 30751 u:.,>v ■; /;/J^ •'/
..'
v• *;; "i'-r
;
v•'
shares of the 5,000,000' originally authorized total.
The first step in
The
.
net assets
Total
-
Monday, January 14, 1946
FINANCIAL CHRONICLE
THE COMMERCIAL &
194
stock of record Jan.
;
10 shall have
"1
.
right
the
before Jan.
26, for new cumulative preferred Stock
to the extent ol one share for each 10 shares of common
The subscription price Is to be determined shortly before
on
or
the offering is made.r—^V. 163,. p. 73„
:*
'
'i
;L tAAcA'i £;■
offering for the presently outstanding
with a commission of 90 cents
Lit Brothers^ Philadelphia—Sale of Property—
i/per share by the same group which purchased the September public
.The stockholders at a special .meeting 'on. J an.: '4 approved the pro¬
HateS
■•' '■'.'
^offerings.
This group consists of Otis & Co., Inc., First California/ posed sale, to the University of Pennsylvania, of the storer
property
V-*
A -new three-feature
plan • of aviationaccident insurance 4ss an- % Co. and Allen As Co.
•„ "
<,
•>
' - ,
- ,
1 ., owned and occupied by the company covering the block ftom 7th
nounccd by this, company. Its coverage is worldwide.
Based on current quotations lor the stock, net proceeds to KaiserIts rates are
Street to 8th Street and from Market' Street to Filbert
Street, PhilaFrazer would be approximately $25,000,000.
This sum. together with
/delphia, Pa., /for a price of $4,187,500.
■p ^^ritten ift an Annual basis; the plan covers personk riding-. In
net proceeds of approximately $20,000,000 resulting from the corpora¬
The stockholedrs also authorized officers of the company to enter
'V'aircraft as passengers,
without the usual limitations 'applying to
tion's previous financing, would result in paid-in capital and surplus of
into a lease lor the continued use of the property under terms and
commercial carriers on regular schedule. No specified land areas are/; vabout $45,000,000.- •
-/»'■ v. "- '
'/ A'ft r
conditions to be fixed „by the board of directors,
such lease to be
framed.
There are no over-water restrictions.—V, 162, p. 458. "
According to the registration statement, the corporation has pro¬
made a part of the contract of sale.—V; 162, p. 3194.
ceeded with preliminary work at the Willow-Run plant In preparation
vL'jk 4
• '•
'». • ■' ,/i. v't,^'-:v.
'V'V,*
International Business Machines Corp.—Stock Split-up
/ for
the Installation of its own machinery and equipment. ■ However,
;
Los Angeles Shipbuilding & Dry Dock Corp.—Ap¬
the RFC has not .completely cleared the plant of its machinery and
Approved—Increased Shares to Receive
proves Sale of Shipyard Facilities—To Dissolve—
v
^
/equipment.
■'•
'/-t-/.■./■'.■: ././ .. ...:/ v .....v/v
W■ .P $1.50 Per Share— j - .... r Vv~_ p ;* 'i /.s ;
The company's present program, the statement continues, calls for
The offer to purchase' this corporation's yard at Los Angeles (Calif.)
The stockholders on Jan. 8 approved a proposal to split up the capital
installation of two assembly lines, .each having an. estimated capacity
-Harbor for $1,250,000 by Todd Pacific Shipyards, Inc., a subsidiary of
stock on the basis of five new;shares for each four shares held, thus ,
of approximately 375 cars on"an eight-hour shift and it is, contem¬
Todd Shipyards Corp., was approved by the stockholders on Jan. ^2^
Increasing the number of outstanding shares from 1,145,926 to 1,432,plated that each of these lines will be operated on twd 'eight-bour
.Prior to th^ decision to sell fhc yard* the stockholders approved an
shifts*
The presently planned production of these two lines on ft 16^07. • Certificates for the • new stock will be mailed about Jan.* 28 t<?
agreeiner/t with the United-States government and the Navy fof-.settle¬
stockholders of J-ecord Jan.. 16.
:/;!
v
'i
v .:•<
; v." y P
; hour .working day „would be approsixnately: 1,500 cars a day;^. Of , the
ment M claims growing 'oujt of Na-vy seizure of the yard during the war.
r ;The
directors also on' J«n:' 8 declared a regular- quarterly dividend
planned production/it is estimated that 1,000 "or more units will, be /
/ // Actlop to dissolve the1 Los Angeles corporation'was also taken. It is
;
of $1.50 per share In cash on the Increased stock which will result r. ; Kftiser cars and the remainder Frazer-cars:
Ultimate installation of
estimated that liquidation'-will • be almost completed* within-the* next
••s from-the stock split-up,.payrble March 11 to holders of record Feb. 21.
one or more additional .assembly,lines is under, consideration././ v
vnJne.months, with finaKwlijdlng up of affairs early ln;l947,4N\J.^>
J.
This -is at'the-same-rate as-previously paid, on the present "stock.
In
The registration statement says that ; it is anticipated that a-period
r, Depending
on
final tax adjustments with \the Internal Revenue
V
addition, the present shares had received a.' 5r/o stock dividend in Janof .at / least/-four months, from* the date of this / prospectus ;3vill; be^
Bureau, liquidation payments-will range between $4-and-$6 a share,
vuary of-each year lor, a. number, pf. yearsi—Vt 162, p/3074. ;•
p*" ?
--•required
before - the • commencement;'; of - Commercial: production.-\ .company officials declared;^ 4
A.::'***
H
:
•
at the
quotation
time of
the
The Issue will be underwritten
shares.
■
■
,
,
Quarterly of
.
.
•
'
.
-
.
,..V'■
''
with the Goveriment and the Nary-call
approximately $1,114,500 to the company.
/
meeting that the Navy ..would giv?/possessipn
.of-the: yard to Todd Pacific on Jan. 7, the sales contract being efiectlve ati jof ; the'close'of husihess-Dec. 3ir.l945.--~V. 'j62, p. -3194.
;
Terms
t:
Negotiations Concluded-^-
Union
■k i^iiiitemational ;Detr©laC<>^
.
.
/ for
,
corporation on Jan.^8 issued the following statement: .
'
■ i«in view of the widespread'interest on 'the part' of the general public,
industry ; and labor in the announcement on Jan. 7 by this corpora¬
tion of the conclusion of successful, negotiations with the UAW-CIO,
we would like
to outline the salient'features of this agreement:
The
the .'agreement
of
.total payments of
It
stated
was
at
00000
the
Effective; Dfecf 3i,, the - Caswell-ftunyattv Co. -;i>eoatne' an • operating
pitivishmT ''btZ International/ petrola^CorjM Detroit, - it was announced :
P;Jan»';'2, ': i
'V"- '.0f'j V. . * *■
:
■//;
V//;4 /:
International acquired - the company last October in merging the Louislsuia Powcr^ Jk-Light Co.—Earnings-^ v-?:'-former Utah RadioProducts Co.*-; Chicago, t of which .CasweU-Runya.ii
/ -.'VFirst;- Kalser-Frazer /accepts the current: wage
scale :prevaillng at / '
-:-;^:;:tvas^A'^holly-owned.'6Ubsldiary,'f::v-:'^:v;'^.
.-/Period Nndl Oct. 31~/
•' 1945-^Mohth—1944 v 194^-13
/ the Ford Motor Co., River Rouge plant, the largest plant lh our area,
'
G.
Hamilton-Beasley,-who was President of the r.Caswell-itunyan
Operating revenues £*, $1,073;844- $1,201,567 $13,599,398 $13:379,313
c
"Second,, KaiserrFrazer and the union agree to accept/the identical
v-- ' -Co
at the same time announced - that he was withdrawing from
Operating expenses 00 *
6,561,755 • ' «?hr«
6,858,351
519,257 4 4 592 607
«
adjustment in -wagfr scales which is ultimately reached between General
;*.* "management and that.-Adolpht H. Schenkel; formerly Executive-Vice--v
Fedelal' taxesJF4F 172,752
-Motors and the union; Whatever this may be.; This adjustment will be
' 160,874
'
2,421,7811 1,257,785
'-President/ fras been -appointed. General ^Manager of the division by
•Other taxes
*
108,654
800,241'
• *8^9378
"-C Russell Feldmann, President of International Detrola.
Mr. Beasley /retroactive to Jan. 10, 1946; the date of the signing, of/our.agreement.p Property retirement res.' ' ^ i 71,125 *
"Third, Kaiser-Frazer, introduces a new type of company security .*
iv continues a" director of-.International.>LThe Caswell-Runj-an Division
/
1,633,191
151,000
T;725,000
plan; coupled -with: a •:trusteed bonus fund established for our em-:
; appropriation 4.
':*> -142,000
^ill continue, to operator, the-plywood plant at Goshen, Ind., which
pjoj-ees to insure uninterrupted maximum production of our product.
supplies panels for the furniture products made in Huntington, Ind.,
Net -oper; ,revehues"-4-v^«$168,7i<F
Under the bonus fund plan
the company will deposit into the; trust
$2,800,108
$188,432
$2,090, G21
and* the -cedar lumber mill in Smyrna, TennirrV. 162, p. 3192, v.,
Other
4
249
fund $5 for each finished automobile delivered from its assembly lines1/
*
•
;
•■
-
.
,
•
a* - j
•
■
,
.
"
'
-
.
.
.
'
.
"
'
at .Willow
; ; International Nickel*۩. of Canada, Ltd.^New Dir.-/-
r:
^ Jamesistuart
Vw-
has
:C.
btmeah/'Fresident of Massey-Harrls;Co.,Ltd.; Toronto,
elected
been
a
director
fill
to
the board, Robert
vacancy; on
a
and-President,'announced.
Stanley,r'Chairman
also chairman of
Mr. Duncan is
•
The eompany-
the board of The
'
^
<
D
'A'.
.
^
4'«
mortgage bonds.^
*2,017
Sc
to construe.-
deductions
$188,681
42,500
:
35,720
*422,363 1 :/i;342;5S0
Cr5,551 4 Cr41,56b
34,480
a
Cr354'.
v
$2,807,6O(i
690,264
$2,093,659
509,517
*
p1 ~ Net." income
,by ^
Dividends appllc. to preferred stock
~V.
•
./
$91,429
&
Crl7
'
$1,167,330
$816,352
356,532
$111,718
'4356,532
Tor period-
162, p.: 2645.
the
c
Louisville Gas A Electric Co. (Ky.)—Weekly Output—
has-outstanding 370,000 shares of common. On
:
Electric output of this company: for the week ended. Jan. 5, 4946,
Jan, 31, -1946, - the company's capitjJization- will be- adjusted by the
totaled 24.197,000 kwh;,
as
compared with 29,933,000 kwh, for thfc
issue
to
stockholders, without payment; by them,- of an ^ additional
corresponding week last year; a decrease hf/49.?^//
V
ii
370 000 shares of common, on the - basis of one additional share for
each share held of record- January • 25,-1946 << The 153,400 shares of
t * Electric output of" thts eompany": for the/week ended Ded.' 29,11945
common
to be offered are
a- part of the
710,000 shares to be out-.v, totaled 24,499,000 kwh„ as compared with 29,476,000 kwh.. for the cdr; standlng>:on Ulah,/31i l94Gj'"and 'therefore represents art equity of 50% f / responding week iti T944r a/Uectease/of 16.9 ftV.-163; P/ 73. 4 ij
■./ ■ /w
of that of the pharos outstanding /immediately- prior to' such- adjust'v«^'-Iv.-n.*:j.:*• ;V-i';i-r/ J
.V5V•'*};'*:
,c.'r;'ViTv,u
Madison Square Garden Cpi3p^--EarningSr'
'
*
£V'}
-' *? f
A' •
\,w'' i ' F period End. Nov. 30—
1945—3 Mos.—1944
1945—6 MOS.—1944
Profit Sharing Plan-—
• rt f
; V
.
•
now
company
■
;
i
-
",~V.'162,/p.- 2818.
$168,812
Int. chgd.
ing soid by '16 stockholders./The-price-tO Jthe public wlll beTiled
amendment.
•
'
r
V
;
Carl M. Loeb, Rhoades & Co., and Smith, Barney & Co. head
-.underwriting group.
•
» *
/
• ■
"
" ' '
' ■
The
-
.
on
■
.stock- (pat;
Issued and outstanding and are.be-
v
'
■
Tnt:
3,038
.102
-
>-
—010
Other Int.
/
•
••/»:./'■
-Gross income
'
.
has registered 153,400 *shares of common
with the SEC. The shares are
$5)
...
Income^(net)--—"
'*•
annually about Dec. 20 to
^2. ; 'e [' \%^
Kayser^©.--^gisters/Sh^s-r -
(Julius)
'
v
Massey-Harris Co.,
Racine, Wis.
Besides, his. directorships in the Toronto and Racine
..' companies, he is also a director of the Canadian Bank of Commerce, g
Toronto; Canadian Cement Co., Montreal; H. V. McKay Massey Harris
Proprietary, Ltd., Australia; Sunshine-Waterloo Co., Ltd., Waterloo,
:w <)nt.v -and 'fa'geTHersey .Tubes, :Ltdvr-V. 162, p,/3192;v-'
.
* >
V:';» -r; o." ' v-'i •xly
cInterstate Department; Stores^Inc.—^December Sales—
period End: Dec'. 31^ * ■' l945^--Month-^-1944 ; 1945^-rll Mos.-^-1944
Sales
-$5,803,872 $5,849,148 $41,606,286 $40,154,141
"
This fuhd will be distributed'
Run.
qualified employees."—V.163, p.
,
"
lnvestors MutuaI,
v
Inc.—Assets Up $31,833,219:111 W45-f
the board, on Jart* 4 announced that
;
«net-assets of this corporation, an open-end investment company of
the balanced type, grew from $45,915,241 to $77,748,453. during the
calendar year of 1945,
showing a net increase of $31,833,212.. .
Mr.
Crabb added: "A total ~©f. $3,608,534 in- dividends were dlsv * fcributed'
to shareholders in 1945, or; at the rate^ of- 70: cents per
>
•*share.
Of .this* amount -"43^ cenM wras derived front intorest "and
Earl
E.
.
C-u
•
Crabb, -Chairman-of
■
.
•
corporation5 reported to the Becurities land rEkchafigeVConiihfssioh
plan whereby officers and key employees may share in'corporate
The firm will set aside for distribution among 'these1, in¬
dividuals 20% of consolidated -net earnings- above*.$370,000.«^Y; 162,
:
;The
,
"a
-•Neirprbflt ^;wi-U_-^/ y$341.076 /4 $280,023
Earnings per shareiw— :
'81:55
i $1.23
r
income and 26.8 cents . represented profit from sale of
"portfolio securities.
•>
, -"
«<The capital* stock 'hid lih asset Value of $13.70 per' share £t;;ihe
•
y
•
Manila Electric HR. &
>;dividend
.•
.
year-end. •
" •
"As of Dec* 31,
1945, the corporation's: portfolio- was made up of
approximately-15.4^ in Ponds, 27.5^ in preferred stocks and 49.8%
£n' common stocks as well .as 7.3% 1.in cash.Market value of the
portfolio over cost was approximately $15,500,1)00 as. of Dec. 31, -1945.
a ,x "Shares
of the Fund - are held by more than. 40,000 shareholders.";
—V.
162,
p.
Kelling Nut Co., Chicago,
-
IU.^Registers Siock-r-
company hasr filed with tlto Bl!k3 a registration statement for.
17 000- Shares :of ($20 par> <*e.% preferred stock And /34,000 - shared of
,cotnmonr$tOQ^/tortpupiictofferipgr4hrcqigh;:Kebbpn^fMcCc>rmick/:^
commcn
has proposed -to the SEC. to refinance its 38,700 shares
.-;;.:x,f 6% and 11,300 shares of 7% cumulative preferred stocks at a lower
,rate of dividend.
The dividend rate on- the new cumulative preferjred;
which the company intends to issue will be filed by amendment.
Ai • The
company proposes i to -v offer the new preferred plus a, cash:
adjustment to holders of old preferred on a share for share basis,
/selling unexchanged shares to underwriters at competitive bidding,.
.1
Proceeds from the sale of new preferred would be used along With
..treasury funds to redeem stock not deposited for exchange.
Company
a part of the United Light & Railways Co. holding company sys-
John Hancock
"
''
"1''
-
Mutual Life Insurance Co.-—To Build
-
'
*,x
i'
,
V 'i' '"i
C
^
HV
Jones & Lau^hlin
-
^
' *5
:
shares——
29«1,285
sharesi--—
Class
328,244
Nil
."V5*5/"
'
,
V.
Inc.—rEamingS4~
Net sales
-
its 5% cumuredemption on
shares converted into common stock,/
'leaving 1,332 shares to be redeemed. It was further stated that an ad¬
ditional 33.24Q shares of the corporation's series B preferred, stock was
"converted into'common stock during the year 1945, all during the
period subsequent to June 1, making a total of 191.908 shares of - the
Veries B preferred stock converted into common stock during the year.
*—V. 162, p. 2644.
- f
/
<
,
*<
162,
•.
.:
Jan.
■
2,
PURPOSEr—Net
as
k
99,500
„
-tCt"*
"
r^:;• f'lJ,: '
Joy Manufacturing
„
It
was
.Announced
on
:
^•V.
Co.—To Vote on Merger-—
Jan.
x
4 :that owing
Sales
the surviving corporation.
contemplated that a special meeting of the stock¬
holders for the aforesaid purpose will be held in the near future.;
On Nov. 25, 1945, 1he Joy company acquired all of the outstanding
capital stock;ot the Ladel concern in exchange for 49.002 shares of
Joy common stock and $274,950 in cash.—V. 162, p. 2644.-',
?
ended
r
.
average
Dec.
number
29,: 1945,
37,930.898 457,070.896 448,381,416
stores in operation during the four weeks
2,736/ compared with 2,905 stores during the
consumption
on
Jan.
Seeks
Additional
More Common
Capital
for
Sale
of
Shares—
'
-J F
/
.
.
_
distribution of beer in metal containers for
first time since Pearl, Harbor, it was
can uses no tin, still a restricted
the
^
J
v
J.
Kaiser
#may inf future
and
Joseph
include assembly plant operations on th,e. West
f'-T
' v*
Coasj-,t';
0V.
;'rr•''
/:
;
-
certain
'^00*001*
4//F-
/
Disston
(Atkins,
this
1
,
-
.
plant;*
;
1
,
;
y
EFFECT TO PRESENT FINANCING
Outstanding
'
$1,000,000
120,00Q shs.
The
,
company;
it
where
.second
approximately seven principal competitors.
It ■ is the
third largest manufacturer of exhaust mufflers in the
field, where it has approximately five principal com-
has
'or.
replacement
petitors.;
■
Sanuvik) which purchase' the entire output of
■ *
.
<.
/ •'
')0, „ t
.
.
*" • "y
is the largest-.;manufacturer of leaf springs for
trucks, buses and trailers in the replacement field,
and
department. '
passenger, cars,
44.
•
Its officers
of
;
.-'..j',.'v5
• ,■// ,•
The ' cbmpany' * ha's '■ two
small ' WhoilVowned - Subsidiaries/ Teinmp'
Cleveland Spring Service, Inc., which .spll and
.service springs and shock absorbers, , „
/ /. . . .•://
y
Spring
.L
HISTORY
1877
and
Corp.
and
AND; DEVELOPMENT—The business was established."in
operated until 1903 by a series ■ .of partnerships.,
On
was
.
I62rpi'2344.^;:;^.:/:;^;/;.-/;:.v;/.^'4.:"^;';
&.k'T
,
to
Metal saw frames are manufactured for three companies
March,'1946.
y
Frazer,
:
.
like* amount - of demand notes
\ expected to be made during month of December) as well as a line
:f of a plow disc, blades, which are expected to be in production x about
.
W.
a
payable
-BUSINESSr—Corapany is engaged /in the "manufacture and sale of a
variety of steel parts which are used on automobiles,. trucks, buses,
■/ trailers, tractors and farm .implements and in the hardware industry.
Automotive parts manufactured by the company comprise leaf springs
•and component parts; exhaust mufflers, tail and exhaust pipes, U-bolts
> for attaching springs to the axles of motor vehicles and trailers,
and
tire changing tools.
In the agricultural field the company manufac¬
tures harrow disc: blades and cultivator sweeps and is about to introv:' duce a line of hand .cultivators and parts therefor
(initial'deliveries
/Laclede-Christy Clay Products Co.—Acquisition—
The company has announced the purchase of the properties and busiChairman and President,/ v- ness of the Alabama Clay Products Co., Birmingham, Ala., effective
Jan. 2. There latter will be operated as a wholly-owned subsidiary.—
respective!v, of the corporation, disclosed that the corporation on
Jan.
4
filed
with SEC a registration statement covering a
public
V. 162, p. 674.
offering of 1.800,000 additional shares of common stock.
* *
;.
Marking the second step in the financing of the nation's
youngest
>Lane Bryant, Inc^—December Sales Rose 1&.6%— •
/:
automobile^company,
tile proposed offeflftg**ls\ designed 'to' 'pl'ovide
Period End. Dec. 3i— :.
1945—Month—1944 4: /1945—12 Most—1944
-additional
coital funds
for the
company's -^operatiops
which,
in
-Sales
$3,595,788* $3,111,245-$37,452,225 $35,103,084
addition to presently planned .automobile'production at Willow Run,
Henry
applied
?
■
y/:
1,800,000
J ;
•
of
;i4^ sinking fund debs./due Dec.- .1; I960 $1,000,000 \
Common stock (par $1)^_—_
200,000 shs.
Distribution is confined to the
"South and to New Jersey.—V. 162, b. 2149.
Bigger Auto Company—
Through
-
9.F The Krueger
p Item, but is made of other metals.
Corp.—Plans
CAPITALIZATION, GIVING
-
of
was
The company has begun
civilian
open
-;
will bq
* t
s
like face amount of the company's
.approximately $50^009) *of "hiovin^ to this'
/
Wks,—1944-
(G.) Krueger Brewing Co.-^-Cans Beer—
/§ reported
%
Authorized
-1945-t4 Wk$,-1944- -1945-^52
l',y> •
>'
L
".T,
1 |r
corresponding period in l944.—-y.162, p, 3074.
is
Kaiser-Frazer
1^45—JL2 Mos.—.1944,
126,038,945 .127,955,060
———42,311,048
—
The
>
(approximately; $966,000)
*
AAA''mAyAA/;■:/ /;/./-■;.
162, p,
Period End. Dec. 29—
t. [ ""t,
.r
u! • v * '
the company will not hold the
it
.
i7;bG9.*363
Kroger Girocery & Baking Co.—Sales Higher—
with and into this company as
However,
1945—-Mor^L--/1944
18,790^415
proceeds
..H (3) Balance of approximately $125,552 to be added to the working
capital and used to reimbune the treasury lor cash expended ($74,250*
in the purchase of its Harvey plant and for expenses .(estimated at
.
'<<
its control,
pec. 31—
"Sales'---—•
to circumstances beyond
special meeting of the stock¬
holders originally scheduled for Feb. 8 to consider a proposed merger
-df Sullivan Machinery Co. and Ladel Conveyor & Manufacturing Co.
•
v
'
Peripd EneJ.
.
Products, Inc.—Debentures Of¬
our issue of Jan. 7 of the
made in
adiounts of the company
and members of their families;
1770.
p.
follows:
and
$0.30
(S. H.) Kress & Co.—December Sales Up 4.6%—
.
was
(I): $704,000 to payment "of a
notes payable, to banks;
r
(2)
$136i#8 to the paymeht
■
1946, .there were 98,668
675.
P.
headed by Kebbon^ McCormick & Co.
lative
"
162.
offering of $1,000,000 4%. sinking fund debentures due
Dec, 1^ I960 at 102 and interest by a group of bankers
$4,258,900
/Net income after charges and taxesw^—69,600
Earned per common share
$0.20
—V.
-
in full of the proportionate interest represented there¬
fered—Mention
i944
1945
$4,552,000
—
—
.
representing
an
equal face amount of the above-men¬
Holders of such participation Certificates will
Maremont Automotive
$0.83
$0.73
trustee,
in
by upon presentation of such participation certificates at either of the
above-mentioned offices of The National City Bank of New York.—
*
.
'
26 Weeks Ended Aug. 4—
Steel Corp.—Conversion of Stock—
•
Class A" arid
Kresge Department Stores,
,
The company announces that of the 100,000 shares of
convertible preferred stock, series D, called for
.'.
>
receive payment
$45063
; 290;285
- 257,982.
$448,623
/ 290,285
3?8,244
4After dedufction of
post-war refund.
§On combined shares under the participating pro-,
visions. \$For parent company only, before acquisition of French &
Hecht subsidiary.
Uli'eficlt.—»V, 163, p. 72,
'
.y/: -/:r
>New Home Off ice—
See Turner Construction Co. below.—-V. 162, p. 2644.
;
*1,816,652
•
and--ihteftst to March 1, 1946/"including
year on Installments of Interest-"that beMarch 1./1945, inclusive, from the rtf-
a
to
1942
certificates.
11,200,992
'Before post-war credit on .excess profits taxes,
2647.
bond
tioned
^Earnings per shai-e On
Class B shares—^
-
.
l„
interests
proportionate
'
$2,270,815
'$$186^327
Lighting Corp.—Redemption-*—
heretofore Issued by International Bunking Corp.,
111913
•
$1,649,615
Class A
B
No.
•No.
1944
$Q.60
'
1, 1945 Payment'will be made at The
National City Bank of New York, Calle Juan Luna, Manila, Philippine
Islands; or 55 Wall jStreet, New .York, N. Y.
;
There
are .presently
outstanding /certain, participation /certificates
■
$$1,101,327
-
profit
Net
-
'
-spective dates thereof to Sept.
Subs.)—Earnings—
" V 1945
1, next, ati 105
the rate of 5^
Sept.
provision-^.,—-Cr915,000
Federal tax
■
160, -p;
:'
Quarter Ended Nov. 30—
Pfotit before Federal tax_„
t's The company,
"
came:: due
*
^
* **' ' ^
*'
offering 2,600 shares of preferred and
shares to certain, holders, of outstanding securities, -
KelseyHayes Wheel Co. (&
Light Co.—^To Refund Preferred—
March
.interest at
3193,
/ Iowa Power &
'tem.—V.
•x/tK
,
*
<"
the, company is'
addition,
In
76,000
:
All of. the outstanding / 5^3» 50-5'eai« first llert* ani collateral. trust
sinking fund gold bond certificates have been* called for redemption
The
.fwid- associates.-
44$136.444F
:$28U61,
$I.28f
-
'After depreciation and other charges, including provision for esti-'
•mated Federal- income add excess profits taxes.—V. 162,. p. ,15|5.
?
h
.
earnings.
0
vj
0:":A:
•*
Volume' 163
;? Aug:'.
Number - 4455
*
THE
15, 1903/the partnership
assets and'business •were acquired by^
and :Cohen Co.
(111.* which .changed its. name* on,
Maremont. Wolfson
;4
191G
-.r •»-
»
COMMERCIAL * FINANCIAL CHRONICLE
1955,
at
102\*t J
'$2,690,625.;• '>/-•;::Kr
to Maremont.Manufacturing-Go.
The present company*
was incorporated "in Illinois" on
April' l0, I933, and "thereafter acquired •
i; the-asscts and business of MarCinont Manufacturing Co.4-,
.
195
■'.r
,v
15-year^3,/+% sinking fund debentures, due- April1,
Which,-exclusive of accrued-interest,i required
for
period of 30 days, to
holders of the stock.
a
other
'''
•'
■■■■
v
•
',.•
-
- v-
purchase- at- the-'feame price the Shares
oil"
-
•
CAPITALIZATION; GIVING' EFFECT. TO
The. company in its-application- said -that an order'of. the Comr ,"
mission dated Jan. 24,
1944, requires Middle.West to divest itself of"
':/
'
*
*
(.'
•
: •.:
,!
all. interest In United and the
Pfd. stock (par $100, issuable. In series- - - Authorized';^ Outstanding!
.proposed sale- by Middle-West'Is to
,The business as established.in 1877 and developed. for .many-yekrs
80,000shs,- ' "
- •
>'
thereafter Was building and'repairing wagons.. In..19.14..'the
comply with the Commission's order,
Middle West said it considered |
company's y
3.Vay<v cum;;conv, pfd..
stk.rr.k,._—60,000 shs. • the price to 1 be receivedto be a' fair and advantageous,
y predecessor
commenced the
manufacture, of
automobile leaf springs
Common stock
price."^- *
(parv$l>>_^_..^^—,—; ,vM ♦
,.v,
.tl,140,253 shs. / V; 162, p.
and
commercial
truck:., bodies.
As 'these - activities
3195!;'/.. ■
:
- • • • =. •
developed,.> the. >;/>On
;/'•••.• ^
Dec.; 21, 1945,. the certificate of:incorporation was amended to
:
principal .business:, became? the manufacture/of', leaf/springs.
j
During j
increase the authorized common stock
(par $L) from-1,250,000 shares
the 1930s, the/building, of motor truck bodies.'became
unprofitable, and ^ / to >1,400,000 shares, .of which
MIuneapolis-HoneywelL Regulator Co;— To
r* in? 1939
-130,OQO-shares 'will be reserved fo^ issu-—'
Triple
the, management decided to. .liquidate this .department, and'
/r anee
upon'-conversion -of new1
"t 'began • the' manufacture ' of mufflers."for
preferred" stock", 'i tlncludlng. shares • Moduflow Output in 1946— ,\
•
passenger .'oars land* trucks.
;
'^reserved .for exercise of fractional common stock
purchase warrants.'-./C v
By. 1939, the company had become.a major producer of leaf springs
More thaiv .4,00O Moduflow
control-systems,^, representing installa-v
',
for'repluccmcrtt, supplying approximately "30%" of all replacement leaf
CORPORATION—^Corporation, • which/ was organized in Delaware-/ tion billings in excess of $1,000,000,/ are now In use in
virtually-all ;
springs v used In the country. • Sales ,to manufacturers.; for original.) /on May. 20, 1915,1s the outgrowth'of a.1 variety chain store
sections of
the United ' States,
business/
according, to a- yearrend, tabulation
released on Jan.. 10 by
,«V equipment use were confined to. truck/ busaand-trailer".manufacturers-. / started In, 1882/ Since Incorporation, the number of stores in
Harry C. Jenkins, Sales Manager* of the: com-- *
opera- */
tion has increased
and approximately. 40% j6f the
pany's Moduflow Division.-' -.1--:
company's dollar " sales In * its spring ,*
substantially, there have-been many changes in
•
.y>
J "v.
the a number and types of
,M: department.
Firm orders for Moduflow—a new product never before
f
' ■ ' '
* *'
- '
' *r •' *
products 'sold and sales' and
*■** " * ,r, •
available toV.
profits * toave 1
At that time the company decided that it
increased. substantially, '
homeowners-^-far exceed vpresent.
.rf/f :
could. profitably devote
production, Mr* Jenkins stated, but
i'
The
corporation operates-200 retail stores in 23
the manufacturing /space, theretofore used .for*the": construction ■ of
prospects
for
expanded- output.- indicatfr the
states
and
the •
>
>delivery. rate> can- b« ;
District of Columbia, selling a
truck bodies-to the manufacture of exhaust mufflers for sale in the
tripled in 1946.—V. 162, p. 3195..
variety of merchandise, for cash at '
•••
:
y
■
'% unit prices ranging principally from 5 cents
]i~ replacement Held.
Mufflers had become an important replacement
;V h- *5.'
,*•
'*'%* j .!
■; *
'
'
to.$2„ although, a. limited-A
-t
Itertvy
number of articles are.
y In the automotive service industry and the company, had facilities
sold wt prices in' excess of $2,
Of the net
for./
Minneapolis & St. Louis Ry.—Earnings—
afchicving'acceptance, of its mufflers in the" replacement field through' ,J; sales of the corporation in 1944 it is estimated that
.approximately 30 & /
.were
derived from the sale of articles
November—
„
the £00 wholesale distributor' outlets;'. including jobbers, "mall order '
1945
1944
1943priced' at $1
-.
or-less
and
f942'\..
Gross from railway—..., • $4,311,172 ,
/ houses and chain stores, developed over a 25-year-period in the leafy v approximately 50^.. from..articles priced at, 25 cents or less.
$1,252,269
$1,304,742 - $1,204,971 *
The
V- spring
Net from railway-,*-— -.* * 1-78,159 f *
replacement business/
To -enter -'the'"' 'muffler.- business,
/ approximate number of articles'regularly carried
the
405,057
329,000•
by the respective
422,444 •
) company purchased all of the muffler
/stores depends-primarily on the size of'the store and
Net. ry: oper. income:-,; " *121,603 ,_'/*• 124,619
tools, equipment, and inventory
184,874
!
317,937
ranges from
20,000 to 35,000, including, as separate articles
•; of
the Gem Manufacturing Co. of Pittsburgh..
This equipment wa»;
From, Jan. 1-r-:
different colors and
a
\" :
supptementsd? by tools ' and equipment purchased from the mu£fl*r> .vsizes." - Among the types of merchandise- sold are
Gross, from' railWayj/.','^? :14,436,832
candy; notions,,
14,026,908
13,593,678
12,273,629'
plant of Burgess Industries at Madison, .Wisv, and by otheir equipment y
toilet:.'articles, stationery, footwear,/hosiery, men's, women's and
Nqt fropi railway—/2t210,899 > 4,01 *;738
4,371,207
3,779,699 *
and "tools built by the company or
children's wear,' general-dry goods,
Net -ry/ oper^lncome,-!
purchased/from .manufactqrerS. ;
piece 'goods, novelties," household '
860,004 ; 1,525,4QT
3,321,430 y 2,731,212 For the yenr 1939, saleg of the muffler division amounted to
/articles and hardware and tin and
enamel ware/..Lunch
$156,000;;
counters
y "Deficit.—V.
162,' py 2645;'-'-:/:
' \/
in 1940 to $603,000; and in 1941 to $1,586,600.
are
v S
operated in 75 stores.
As a general rule the
During the fiscal year
corporation does
x
r
•
'A
i
/ • '
)y ended* Sept. ' 30r l945, 'sale^of,"TOufflers ahd tail- pipes/after>alI;way . ;vnot deliver and advertising expenditures are" negligible.
-.
f
; /
/
"
cancellation^/
,The merchandise sold by the corporation Is
Minneapolis, St, Paul & Sault Ster Marie RR.—Earns. -/
•mounted//|d^/»pproximiatejy^2,630,000^ * ' -■
•' '
normally purchased "in
the open market
through its office In New York City.
• WARTIME
/
OPERATlbNS-^The' cpmpany'S specialy war work: con*/
Period End. Nov. 30—
Corporation
!? 1945—Month-r-19441945—11 Mos.—1944
does
not enter
v. ststed of fabrication of armor
Into long-term contracts for the
plate for army; tanks, manufacture of
purchase of mer- ": Ry. oper. revenues—$2,736,439
$2,118,847 $26,333,331 $27,817,328""
chandise, does not manufacture any of the products sold in its
mufflers for the M-4 tan'i and manufacture of
gasoline and water J
stores
Ry. oper. expenses—., •• 1,931,700
1»676,724 t20,208,013
nor
19,779,880 own
any
intcrets in any manufacturing
containers known aa ''Blitz- Cans."; Armor... plate ..fabrication ended
enterprise and,
with
minor exceptions, -does .not." sell- under
early in 1943, the manufacture of/mufflers' for-M-4 tanks later in
its- own
trade
Net rev. frora ry. op. • • $804,739
names "any.$442,123 j $6425,318 V $8,037,448*.
products manufactured: by others;
; 1943, and the manufacture of Blitz Cans on Jan. 1,1944.
Warehouses'Are' operated in 'New
In addition
Ry. tax, accruals———
415,970 •
248,106 : 3,438,090
2,575,622 York City .andvHuntingdon; Pa.
/ 'to its special war
C..--' '
•
products, the company manufactured, springs .which
•
As of Oct.
31, 1945, the. corporation: operated- 58 stores-In
/ were used as original equipment on a number of army vehicles.
This
Ry. oper. income:—- '
Pennsyl$388,769
$194,017
$2,687,228^ $5,461,826 •
•; work was all terminated by the end of the war, the dollar amount of - ; yftnla and-37 storenin-PlorldaV:/The aggregate bet;
isaleS^Of all stores f Rents '(net-1.— * Br62.514 •: Cr20,890 0210,179
Crl35,543
in Pennsylvania and
terminations being about $1,400,000.
Florida represented
These terminations affected 'the/
approximately 39% of the '
npt sales of the corporation in the year 1944.
company's operations very slightly, and the. resumption of manufacture
The net sales of the / :
Net ry. oper. income-.
$326,255
$214,907 > $2,897,407 " $5,597,369
stores, in any other. State' did not exceed
of peace-time products has resulted, in a
higher volume of sales than
10% of net sales of the '-• Other' income-::.:-'--—
; 15,031" *
" 9,182 - * .133,867
;* 112,999 •
corporation in 1944,
existed prior to the termination of hostilities.
*, ^
v
e
1/<-.{'
.i y'"--*'**'"
"
'•"*.■
1 •'
' *" •"♦v
PRESENT'" FINANCING
,
'
,
.
,
•
-
.
.
.
.
,
..
-,
.
.
-
r
,,
,
.
,
•
.
.
,
...
*
.
.
*
_
7/*/:
.
.
.,
.,
•
,
•
.
,
.
-
.
.
,
•
,
-
.
.
.
.
.
.
.
;
■
.
.
UNDERWRITERS-r-The,
Xebbon, McCormick
to
UNDERWRITERS-i-The purchases by. the
bp.in,the respective:percentages-'Showh; '**■
;
Merrill Lynch, Pierce,
K
Fenner & Beane
200,000
-
The: Milwaukee.
200,000
Co,-———--r—
Ames; Emerich;<fe Co.;. -Inc:.-L——;' '% 125,000
Colling/fc
.125,000
Mullaney, Ross.:Ss
125,000
STATEMENT
YEARS
:
,aad
Cost
less
-
ENDED
* 1943
SEPT.
underwriters
M
1944/
,
Ac
-
Weeks^_^r
5.0000.
Fixed
Kebbon,; McCormlck
Lehman -Brothers..^.- 5.0000-'
Baker, Watts & Co.v—5.0000
h-ft'&j.k-V'*-., A'%.
;
Ai G.. .Becker- & Co; Inc.
...1945
■-
5
4.1666
.
Pacific Northwest Co.
St
$7,164,018
——:—
.
$6,606,186
$6,929,194
5,638,418
5.701,502
1,011,377
-
f 5,745,283
adminis; ■; expenses/
Operating profit
Other
834,803
tFederal
excess
profits
tax
V
•
,
.62,158
;
'33,558
.
$95,977
37,842
12,886
-$249,872
30.741
"
.
/i
/
72,836
•Bell.;;/gen/
•
Total,
Other
Fed.
-
$54,116;
$38,180;
investments
other. Investments,
in
wholly owned, subsidiaries..tat cost*,
$23^429; ,"Property, ;plant and equipment
-
(Glcnii L.) Martin Co.^-New Contracts—>
fa
#
; /
$
-
:
/The- company
field
k
'
,
Massachusetts
has
'
v'
A
>•
Mutual
^
'
-
*
' ;
"
AT
'
..
a
through
forms. Plans
the
prominent figure
in
<
V
/
on
I
<*i
v*
^
*
«•
share.
-
develop
%
»
Jan.
to
shares
and
$813,076
a
of
the
5%
proceeds
extent
the
of
% 900,000-!
;
4,792.500
3,175,000
of
36,958
21,
the
to Sept. 30,
1945,
will,
or
to
and
shares
exercise
by
redeem
stock
at
the
of
of
a
at
any-,
New
]
,
p. 251V.
!*
'
r<
.
,Net/ from
Net ty.
.
Sales-Up- 4.7%—
r
/
162.
'
r
have-been-elected
B.
Fitch,
who
more
163,-p. 74.-
A■
Vfee-Presidents
will have
of
the
charge of
>
of
$2,133,!
parent
personnel
The
120.000 shares of
of
stock
purchase-
1945, and prior to the close of busi¬
has; initially -become part of-the
cor¬
:
will
raise
an
is
new
,*
!*)',
Feb,
5
oiv■
approving
the
preferred stock and
provide
funds
offer
will
of
of
4,/2%-and
than
more
of
the
holders
for
the
5V4%
Goldman,
the
Sachs <fc
underwriters of
;
•
■
•:
•
of
stock
shares
at
-
The-
Joseph
David
to
of
$1.25
outstanding
preferred
of the
new
and
new
Lehman
issues.—V.
A;
has
asked
is
pursuant
Bear,
Harold
Finkle
and
"67,827 r
-
27,678
33,144
"
1,604,484/
1,4(94,676-*
607,647 y ^ 593,086
290,685 ." ^' 340,958 :
-
;/:y;:y •;,
-v
,
(
y-
v
-■
r
^
■
-y
"
,
-
■
377
/13,492
-
$112,974
$1,363,989
•31,088-'.
-
1
■■
■
-
-
I.-.
6,537 X
*
$2,445,795*
31;250
' 375,000 * : 760,417:
^30,746-—349,080- > • 320,232 ;
Cr653
I./.,i-
*
!
y
$103;339 *•••
31,250
-
■■••
$113,3974$!,350,497y$2,435,262^
Cr-4,199-
.„;i.1,,-,..,
; .4—
:/?
I,
„j.;,
$644,^l08J $1,365,150
266,856
'
266,856
1
162, p.
the
SEC
stocks
expected
to
head
to
C.
Donald C.
a
contract
Mayer,
Solin
authority
Lillis.
Each
-datedL.
of
the
*
$281,556
.
106,855
;
1944
1943r*
$307,116
107,680
Dec.
V.
sell
v
134,728
H 26.680
y'31,094-66,029
/.
$313,085 :
yy 168,173
4;,.*18,556
•
railway_/.4railway.——
3,260,215 r
1,364,654
3,196,169
2,958,699
3,041,948
*
1,294,186
1,357,434- 1,594,093
394,078
y 526,240
:
-
,
Earnirigs-^- "
1945
*
336,861
•
--
y/
! :.r)
,
1944
1943 4*4
1942
/
railway—
$15,505,140 $20,196,652 $20,547,733 $17,374,970
railway.**—*y 4,395,512 y 8,693,488
9,185,845
8.067,522
oper.-
from
income.
1,963,422
railway-
-
2,546,112
.-
2,676,477
4,052^34
-
Monogram Pictures Corp.—Earnings—*
3—'
; ', '
profit after charges and. taxes---—-f4.:—
shares
Earned
—V.
per
163,
p.
outstanding—
share
74,
t
,4
y: .•
1945
$142,363 '
——500,000
—c/y* $0.25
4
,/
jt
*..
1944
$52,555
458,659
$0.11
..
-
172,393
Service
19,
1942'•
y
$290,878
from
Common
.
to
Public
Lewis,
income--—)
1
-1945 4
V
M8 Weeks Ended Nov.
1394.
of-United
RR:^Earning&^<
:
preferred
Net
for
>
-
203,721,175 215,791,270 206,772,962 161,174,905
Net from railway.—-- :y 78,538,035
92,250,774
94,404,440
69,706,341
Net ry. oper: income—4
27,980,433
31,400,019*36,422,767
45,351,236
—V. 162, p. 3195.
}•
stock' (par. 25 centsi
share In cash.
sale
$157(416 r
^
"
From Jan. 1—
.
Brothers'are
oper.
from
Gross
:::/,/c':
Co,
the
capital
a
1942'
.
'
$51;978
to preferred- stock-fbr period-
from
Net ry.
the
and
$5,000,000- for the continued
the
.
corporation
.
I
.
100,000 shares
retirement
•
November—.
Net
of
:
Middle West Corp.—Would Sell United
Public Service
Stock—
;
The
J/:y:f-;»••<
'54,484*
.
w
1,487
•!
from
from
aror,s
business.
of
'"'•'•w-->:•':$}* •>.-i«-J**''•
v'A
the
•
Missouri Pacific RR.•
issuance
preferred
opportunity to exchange their shares for shares
'
re--
•
iro. those/'
r'
'• 'i
333,056
'<%
-
Npt ry.; oper.; Income.—
387,697 t
'Deficit.—V. 162, p. 2820.
/■*;'t'.-..y"
•..»•
stock.:
v
28,895
>
;,:y^ ,/
f
.
ry.
$9,021,427 $69,351,933 $55,012,31 tA
issues
expansion
to
'
Fronv.Jan:
1945—12 Mos.—1944
-
cumulative
shares
additional
planned
-
2,065,062-'
'"
Net
public
-
The
100,000
development and
It
$10,960,300
will-- vote
a
1944''-
67,811;
* $101-852
44-i..4
Net
Inc.—New-Financing Proposed—
stock.
common
outstanding
^
yy
$686,735
•
September
$183,855V/n $143,918^
--
railwaysfrom railway
Gross
1945—Month—1944
'
stockholders
-
\
y
211,698" '
:
/ ,■... /v
Missouri Illinois
company,
and
,
amounting to
issued by
stock
-
v'
inbonie'
.November—
•
V'^-J-v.v
,i«-v
Merck & Co.,
•
r
\
in
.page 74,y
3076;'
income' *----—$41,654"
Gross
-
share.
/■
revenues!-:
income
—V. 162, p. 2820.
outstanding
per
y.y
Dividends appug.
sk
Net
Period End. Dec. 31—
Sales.
York.
include
off
Corp.^N.ew Vice-Presidents—-
Lester R." Fallon, formerly Bales Director
of the Thom McAn. stores,
become-head of the Thorn McAn men's and
boys* chain. Leonard
Shea, formerly in charge of thq women's,
stores, assumes a like
title and" responsibility.- for the
company's combination stores.
Both
John
-
•'
'.• *3,633-
<jper^a
:Gross
has
has
p.
7,132
Int.: oh mortgage bonds
Other int. ;A deductions
Int. chgd. to construe.
A.
as
i
*
$124,542^
incomet:—
.
r
4
executives
1945
charge
*>r'
*>'
«•
1945
;
Net
-f;/
to
':Tailway:'iX:i^'538,775^^'148;?63
oper.
-y
?Nit*
2517;
p.
A
1946,
sinking
,
Indemiiity €4irp.^r-Merger Effective^
Melville "Shoe
bonds
1,
for
1945-^Month—1944
> 194^—12 Mos.—1944
$907,989 4 $885,852 $11,004,297 $10,400,152 ,
Operating/expenses *4:- v 520,828
'
481,767
5,880,914
5,750,775.
Federal taxes
157,875
159;602
2,246,121
755,386 ■
Other taxes ill—'
66,434
70,086»
" -794,765 v 684,725 !
Property retirement res.
appropriation*
*
61,000*
61,000 w * -732,000 ; ~ 770,000 y
/
$5392,295;-- $7,057»575v $40,695,165 $38,320^259
162, p. 2944.
of
May
mortgages is $1,176,'934: !;/.%'■
expenses' for
J* /
-
Period End; Oct; 31—>
Operating revenues
r
-
amount
on
$100,645
Mississippi Power & Li$tit Co;««i-EarniHgs--i
"1945—11 Mos,—1944
•
>
k
'•Deficit^V,' 162,"p. 2830.
,
Mc-
-
the
on
and
*
available ^will,,
-
Gross- irom railwajr.i:: f V 1,786,038--
.
1945—Month—1944
relations.—V;162f :p.H3195.„t
poration's general funds and as such may be applied to any .corporate
Dec. 14, -1945, the corporation ♦redeemed $2,625,000
purposes, / On
-
'as /special assistant .to.
Secretary' Nor--/
was
chief 'oi ;the Washingtoh Bureau of -
Duffield
'
railway.^-.::yNbt ry. ^oper. income::^
-
board
amount
payftble.
interest
election,
Net/fromi
$71,282,194- $71,324,436
1.99 stores, as compared
163; p. 73.// .
"• «
; -
Bee General Reinsurance
Corp! above.—V,
*
<.:* Vo
;..a. / :i
I 1
;
the
corporation
maximum
common
Mos;-!hk1944
the
Based
amount,
for
Ry.—Ed.]—V.'162,
Gros& Irom, railway-:--"
.
the. editorial
assuming^^';his: post^^
'
v;://
-
the
proceeds,
12
of
CentrBLRR.-t-Eariiiiigs-^'Aly-;']
November—
3,100,000
Mercantile: Stores Co., Inc.—December Sales-
$107.50
common
'
•
extent
hi last: Wqek'i9^<,ChronicIe;M
Central
Mlsslsisppi
240,841
/$2fl79:309
operating
ther company's
\
-
registrar for
the
$2^288,541
from
'
5
(estimated
$2,073,610),
sale
warrants subsequent
Dec.
one^
-
$11,017,507
Journal.*—V,^162,
—V.
received
preferred
of such net proceeds
minimum
from
be
necessary,
cumulative
corporation ...pursuant, to
ness .on
to
of
MeHou
.
?
Bank and Trust Co. has been
appointed
cumulative convertible preferred stock.
/•-'
The balance
the
900,000
.
on.
"
>■
-*
.
$6,420,150
c
in
7
The Chemical
used,
of
General; Mortgage:-—No interest or
this, mortgage because not
payable
on
the
to
1945,-is $719,228
Wisconsin
PubUshing^Co^New Official—
1942, Mr.
Wall Street
—V.
-
,
v^
net
--$10,856,271
Sales
offered 5,407 unsubscribed shares of an issue of
60,000
shares of 3^»% cumulative convertible
preferred stock
(par $100) first offered to common stockholders at
$104
610
123,304
1,207,500
125,887
f
i945-^ont.h-/1944"v-
Period End. Dec; 31—
/
McCrory' Stores Corp.^-Unsubscribed Shares Offered
—Underwriters headed by Merrill
Lynch, Pierce, Fen-5
«er & Beane and
Kidder, "Peabody & Co.. on:Jan. 101
be
basis
•
-
■' McLcllan Storcs Co.-—Dccember
v
i
60,000
700,000
1,775,000
accrual
(Figures published
/"
of
Other
...-"
PURPOSE—The
uniilTmiturtty
the.
on
because, payable-In
bonds
of above charges for1 both
suiting
47-,263":
$6,489/428
$i;437,790
Dee. 31:
restal. in
of
merchandising field for
^
;—
Enti*
Befwe:
•
the
further
addition
.
died
the
30^^years.r--V/I62,;p. 3076,
the 3lh%
amount of
payable.
earned
entire unamortized balance .under
Amortization of Defense. Projects.
This is partially--offsetby reduction of tax Accruals in amount of
$168,000. brought-about by the 'Acoelerated amortization. /
$8,306,107
1
-
-
An
•
NOTE—Railway
/;
-
;
its" decisionr to
1946
Bodenhelmer,-Vice-President,-
was
.
.
currently
not
or
i
y!Total
$6,372,887
;-//■
In
fund.
.
May Department .Stores Co^Official Dies—
City. " He
accrued
•
presently .outstanding,.-th«rtotal
13,119,557
;
:
85,054.
.
tax_-_-
.
to speciric formA bf -coverage.^—V.
l62, p. 2018.
Leon-M.'
is
whether
the
on
earned;
if. earned
■
,,r,
and. will bp responsible to Mr.
Graw for general editorial activities'^ of the
company.
Litr:Insurance Co.—To Write
! announced'
during
,
will
$3,997,845
profits, taxes-
Chairman
Group, Group
Permanent-and similar
for. the .organization of a newdepartment for this purpose are pow under, way. When the:
company
is prepared to begin issuing such
policies, announcement will be made'
V
exc.
Period
162, p. 3195/
.
13,897,973
-
$8,247,515
$6,443,483
/ j 58,592'-.^ -"45,944
-54,572
.
163,' PA74r'
-
;
,
r
Eugene puffieid,' for .the last tftree:
years; special assistant to Becretary of the Navy Forrestal, has been
appointed d$ editorialargsistant
to-James H.- -McGraw; ;Jr., President.
•
In; his capacity /as edit.orial assistant/ Mr. Duffield becomes/ 'Vice -*
Marlin."blades andrspofting,guiis dn 1946, Aiming, to maintain its
position among leaders in the/field, according <to Roger
Kenna, Vice-:
President in charge of sales and
advertising, - Blade production, he
said. Is expected to catch up; with dealer demands within' A "few
months: and new high, record sales are
forecast.—V.
a
normal
McGraw-Hill
CMarlinFircarmsCo^Hesumes :Adyertbing/Progiam^-».
::'<The^"compahF''i^-iW8Uming!:->aV:-brMdf'naiionalvta'dvtrtlsiiiB/'PMBfft^
for
wholesale
■■
.
be-included in the December accounts.
-
/
Perinsylvahia*CenYjmr^irlines- :corp. -below j and.- Braniff ./Airways,:
Ipe„, a.bbye^y. 162, pv 2274;«
'
-
The company in
December, 1$45, operated
with 203^Jn<tbe same month,in
1944^-^.
•
than^
:
Income*./L./;^
Salc^
>
LXABILlTZEB—-Ndtes -payabie-^-banks, -$568,000;' accounts >
payable-^- trade, $247,627; accrued liabilities, $285,253; due' logofficers and stockholders;/,$149,522
other: current^ liabilities/-$53,537; •Ad'tes^payablo^i
banks.
$45,000; - common "stock
fpar" $1)," $120,000; /paid-in surplus,
$633,000;; earned surplus^ $l»il26,5147;
as
14,643,594
$3,943,272
$21182,803,
December Sales Off 1.46%—
*
total/'$3^^8,353.-^:
-
.
.;■»
10,182,925,/
Net' profit
^et^A6l746U^emergency ^f abilities ^neth^-$156,77a;>tot(U^S2?8,353iu
.
~
'
-receivable—war
branch.
-■
.
1942
admins
deductions-—^^
Federal
,
$278,455; marketable ^securities- at cost -(market
$3,400;• /accounts -receivable—-trade (net), $667,127; ac¬
contract termination, claims, ->.$188;723; -inven-/
torieS; $1,021,834; due Jrom wholly owned subsidiaries^ $22,541; other,
notes
and
accountsreceivable*; $5,253;/post ,«war -refund .-of excess
profits, tax,.. $30,938:-4J.- S.. Government refupd claims, $62,440;/):cash
surrender value of life-insurance jjolicies, $26,185; other current
assets, >
$21,794; U. S. Treasury bond at cost, $10,OOOj: due from Canadian
! Bee
.
,
$9,650):
counts
.
Mortgage—Although-not
Interest
r
month
Based
unless
1943
■
Sept.. 30,
.
»nd
Grofiff/ pttrfit^'LLiwOther income^.-,
i
1943«>:#|3ue'tiojoarryb
profits credit arising in fiscal year; ended
'-i
J'-.-;:-" .«
i."
\
•
'
-r
BALANCE ^HEET. .SEFT> 30, 1945
ASSETS^-Cash,
value
-
."expenses
$03,529- ;;$123.478^
.
1944-
.
/ ; . / 22,817-
; $224,J59
postwar! refund^ot $30,937 for year!
;
"n
"
,
allowances
$47,973,633 $71,324;435 $67,351,103 $62,613,293
Cost/ofvgoods sold,, incLv'Xr^ /?'{
; deprec; ' and
amort., /
rentals, repairs -And ,.»'
..
1 m,:
I.
other occupancy \exp» 33,847,455-- 48,-433,326
47,009;646 • 43,-120,846 -
Cr48,280
1—
: "-if''
1 :
presently outstanding, the total?
interest payable May I, 1946, if
earned, is $357,061.,
,
-'.
♦
——Calendar Years-
Sales^ less-returns'and''
/
$'216,314
" "341,945
(Cfedit-
Net profit
•
-'
$31,271
l"-:
*13,355
;
excess-prof
;
-
64,706
$641,617
l\deduCtions/////^4^-*-^^-'
♦Federal
1944,
each
event.
-
First
on
earned,
^Interest and Sinking. Fund,
sinking, fund: will be accrued
9 Mos. End.
:
;
excess
Interest
STATEMENT OF INCOME
"
Fedcrfcf income" tax;--:—
•After
'
77,684
;
/Total' income
of unused
936,497
$563,933
a:—
Income
Iricouie
11
income—^-—
$309,28T
$116,828 $2,672,372
$962,130 '
••Note-'covering/.'^bhtingent,^Charges,,l;yy;y»,y!;{y:i'/»;:yyy:;Cv:1£y! fSAy'S*:'
twelfth
;
1.6667
'
1
•
v
goods 'sold
gen;
1,6667
:
l",
$224,089" ,$3,(131,274; ,.'$5,710,368 x
232 /.
23,627
182,660
1,351y 5,636v 4,248;543 y
.103,678.
/
329,639317,033 '
:
,
,J-
Net
>,
•
■
unless
.Co!L:
; "•
2,241
-
;
.
1.6667 '
Mitchum, Tully Si
-
charges:»—yi!,-» y:.' : :365.
•Contingent -charges—
29,393
& •
Co.
Income-:*—L---..:.$341,286
Misc.. deductions-^:——:
-
Sept. 30,'45
selling,
will
,
.
30
discounts,:; returns
allowances
M
■
-
Percentage
F, S. Mosely Si Co.."
4.1666,,
Lee- Higginson
Corp.-^.- - 2.5000
Folger,- Nolan Inc„^V.-.__
^1.6667
Johnson, Lane, Space'
;
and Co.,
1.6667 C
^
23.7500
Kidder, Peabody -& Co... "23.7500; Goldman, Sachs' Si Co.— 13.3333
Hemphill,: NoyeS Si Co,__'
5.0000- •
'
Hornblower
sales
several
-Percentage'/' ,1
1
•
/Total"
•
$225,000 1
JOllen
Gross
.
.
bApurchased;,by ;$ach. are
Co.
-The. Illinois
INCOME
,
.
%
underwriters arid* the :
follows;/•
of,the. several
names
principal amount of-debentures:
•.
-
f
,
1945,
'
Corp.
with
Theodore-Low,"
purchasers has agreed
purchase one-sixth of Middle West's holdings and have also agreed,
) Monongahela Power Co.—-Preferred Dividend No. 2—
have
declared
.regular
.
quarterly .dividend of $1.10
per share on the $4.40 cumulative preferred stock, payable Feb. 1, to,
holders of record: Jan*- 15. An initial quarterly. distribution of llkt
amount was made on Nov, 1, last.—V. 162, P. 2646.
The
directors
a
THE COMMERCIAL &
196
1945
1944
$564,327
323,864
$545,098'-71,936
>r;; 90,24^:
November—
Net
railway—,—-./.*;
from
Net
railwayj—,
from
Gross
2,588,588
income,—'- •. 937,742
oper.
ry.
2821.,
p.
14,879
Period End. Dec.
3,201,997
1,254,112
'
'Gas
crease
cu.vft.
'
•
>
I62~~p,
—V.:
'''
,
Moore-McCormack LinesV
Nov
30—
Oper£gEtenues
-Uncollectible oper. rev-
Net
Net
The
29,588,184
He said
$391,802
261,951
$4,797,170
$4,419,317
2,919,066
3,356,384
Net
—V.
•
-
y■
E.
company
tric
A,
•
T.
Mfg. Co., Nashua!, N;
Nashua
H.—Off er Extended—
The First
of
property of the company, based on adjusted
increasing the depreciation reserve by $1,026,000
*" "
'
<
'
""'^
Milo R. Maltbie, "chairman of the Commission, announced that prior
to 1937 the company had made no adequate provision for depreciation v
and it was only in recent years that depreciation reserves were in¬
creased. However, hfe added, .past deficiencies have not been fully;:
provided for and the findings in the current proceedings require an
Lighting Co.
"
.
.
in the depreciation reserves,, -•
increase
?
subsidiary operating companies.—V.' 162, '
■" '
462.
p.
'
}
commission for the company to make the
the Long Island Lighting Co.'s plan to
issued by the
No order was
adjustments until it acts on
recapitalize and merge With
,::■;
National
The
Depaftnifent Stores Corp.—Calls Stock—
*
has called for redemption on Feb. 28, next, all,
corporation
of 6% preferred stock-(par $10) at par and
dividends amounting to $2.30 per share. Paythe Bankers Trust Co., 16 Wall St., New York,
of its outstanding shares
and
"accrued
unpaid
will be made at
'wtent
N. Y.
-
"
"
^
-
-v
•
l, iX,' t'.'\y
v'
-
•
directors
•The
on
JX
y'V-.-•)
r
v-•>
'
Div. Rate—To Pay 50^ Extra Div.—
Doubles Quarterly
,
Jan.
declared a quarterly dividend of 25 cents
3
share and an extra dividend of 50 cents per share on the common
stock, no par value, both payable Jan. 15 to holders of record Jan. 10. ~
Last year, the company made four regular quarterly distributions of
12Vz cents per share on this issue, and, in addition, on Jan. 15, 1945,
per
.
cents.—V, 162, p. 1395.
paid an extra dividend of 50
National Sugar Mfg.
Co.—Calls Bonds—
outstanding first mortgage. 6% bonds due serially Feb.
and 1949, have been called for redemption on Feb., 1,
1946 at 102 V2 and interest. Payment will be made at the International
Trust Co., trustee, Denver, Colo., or at the . Bankers, Trust Co,,; 16
Wall St., New York, N. Y, *
h.
"v.-jrd v'V ' •
•,
The bonds due .Feb. 1, 1946'.will be redeemed at their .maturity .at
par and interest;:—V. 161, p. 1246.
•
' ;
,1 - • ■
*
All
1.
the
of
1948
1947,
Subs)—Earnings v;
Natomas Co. (&
Chief
Gross
Net
revenue
profit after charges
before
hut
taxes.,
'i- 1
;
•Loss.—V. 162, p. 989.
"
*
—V.
162,
p.
71,900
35,493
28^21.
w j
-
k
Association—Output— ;
New England Power
the number of kilowatt hours available for
as 58,408,910 compared with 62,937,248
for the week ended Jan. 6, 1945, a decrease of 7.20%.
The
comparable figure for the week
ended Dec.' 2$,V 1945, was
57,784,566, a decrease of 5.00% under the corresponding week last
association
The
week
the
year.
The
1946
5,
t;>
/■
■
figure for the week ended Dec. 22,
decrease of 0.30% under the corresponding
p. 74.
■
1945
comparable
260,767,
—V.
reports
Jan.
ended
a
163,
->'■
;
%-"
as
was
67,-»
week last year.
'
the
week
11,042,604
below
year
ended
production
ago.
Jan,
This
kwh.
of
is
;• 1945
a
12,168,142
;■
for
the
corresponding
week
Co
rv:.\
1772,'.
162, p.
'
common
preferred'
S.
P.
;•■
payable Jan. 28,
in 1945 were as
value,
Payments
no
par
1946.
22,
»
;
>
1946 to
follows:
lj $1 each.—V. 162,
.
p. 2021.
M
-Listing of 2%%
77,669
139,233
22,982
from; railway—— •
oper. income—j
—V. 462, p. 2822.
,
;
1,316,068
486,442
7,516,719
1,691,594
X
55,601
6,967,513
Income-^-
oper.
become
from
Net
-
a
If
'•
and best known companies In the field of
The; various types of products are built
largest
controls.'
motor which is self-
speed, heavy duty industrial timer
In
this field
to
the company obtained the
Telechron electric motors.
The com-,
Recently,
use
ire*
and
1
,
7,300,991
2,259,253
always
alphabetical
mechanically held types are also made.
A recently acquired 'coil winding division, formerly Paragon Coil
Co., 'makes a large share ot the coils used by the company and, in
addition, a wide variety of coils are wound for other companies.
Another recently acquired division, formerly Piatt Brothers Industries,s
reconditions the
company's products returned from customers foroverhaul and repair and also designs and
produces custom-built;
111,882;
7,717,027
not
alphabetical
near
pany is thus enabled to! tap new equipment markets' as well as
placement markets for less efficient units.
'A wide, variety of magnetic .^contactors of both electrically
1942"'
$726,377
270,635
96,782
.
is
exact
as
f
•
self-lubricating.
and
license
first
From Jan. 1—
Gross
in
always
possiblt,
the
time
slow
a
starting
209,117
are
it
reasons
companies
arrange
«s
of
one
automatic
of Leonard A.
3078. • ; -
$716,985
to
Paragon" Electric Co., Two Rivers; Wis.-—Stocks Of& Co., Milwaukee on Dec. 27 offered •
10,500 shares 5% convertible preferenceVstock ($10 par)
and 21,000 shares common stock ($2.50 par) in units
consisting of one share: of 5% convertible preference
stock and two shares of common stock at $18 per Unit.' $
COMPANY—Company," a Wisconsin corporation,was incorporated
Nov. 27, 1945,1 to. succeed to the business 'Of Paragon Electric Co;
(111.), which was incorporated in *1910, ; and since 'that* time has *
around
;~1943
1944
$662,613
railway—— '
Net ry.
2,561,108
instruments.
authorized capital lav
and* 10.500 shares of 5%
the total shares author-^
ized, 49,120 shares of the common stock were used to acquire the
North American Co.-r~Bedemption of Stock—
business and
assets- of the predecessor company; Paragon Electric;
Co.' (111.) r 21,000 shares of the common stock* and 10,500; shares i of%
The outstanding $34,819,600 5%^
preferred «tock which- was re- ■
the 5% convertible preference stock will be sold; 2,442 shares of the
cently called for redemption on Jan. 31, 1946, at $55 per share and
common stock were used to acquire the business and assets of Paragon dividends, will be redeemed at The Chase National Bank of the City of
Coil Co.;
and 1,058 shares of the common stock and $6,966 were
New vYork, -redemption pgent, -11 Rroad 3t., New; York, N. Y.—See also
med to acquire the business ahd Assets ;ofl Platfc Br0s.S IndUstries> I:
V. 163. p. 75.
10,500 shares of the common stock will be reserved for the conversion of the ,5% convertible preference stock >nd 13,880 shares will ~
r
Northeastern Insurance Co. of Hartford—250 Div.— remain unissued.
*'
♦, <
i
- \' t
Of the $173,250 to be received by company from the sale of 21,000
The directors on Jan. 4 declared a dividend of 25 cents per shareJ
shares of • common stock and 10,500 shares of the 5% convertible;
oh the outstanding capital' stock, payable Feb.
1 to stockholders of f
preference stock, approximately $10,000 is to be applied to the pay¬
yecord Jan. 15, according to F. E. Amidon, treasurer.—^V. 160, p. 1741* f
ment^ of a-mortgage onlthe -plant: at Two Rivers, Wis., being acquired
from the predecessor company together with all of its other assets;
approximately $6,966 (and 1,058 shares of common stock above re¬
Northern States Power Co. (pel.)—Weekly Outputferred to) are to be used to acquire all of the assets and business of
Electric output of this company for the Week ended Jan. 5, 1946,'
Piatt Bros.vIndustries, a partnership/
The balance of the proceeds
totaled 46,508,000 kwh.,, as compared with 45,966,000 kwh.t for the
from the financing is to be used to iriiprove the manufacturing facili¬
corresponding week last year, an increase of 1.2% ,
ties of Paragon Electric Cch and to increase its working capital.
Electric "output of this company" for the week- ended Dec. '59, 1945
I WAR CONTRACTS^—All v/ar contracts of the company have been
totaled 45,712,000 kwh., as compared with 43,635,000 kwh. for the cor¬
renegotiated for the-years 1942 and 1943 and the year 1944 is in the;
responding week in 1944, an increase of 4.8%.—V. 163, p. 75.
process of being renegotiated: - No refunds were required to be made
in th years 1942 and 1943 and it is not expected that the company
will be required to make any
refunds in connection with .contract
Northern States Rower Co. {Minn.)-^Listing of Bonds
renegotiations for the years 1944 and 1945.
*Th» New York Stock' Exchange has authorized the listing of $75,CAPITALIZATION, UPON'COMPLETION OF FINANCING :
000,000 nrst. mortgage bonds, series due Oct.: 1, 1975, 2%%, which. -
Net
ry.
690,781
1,(*9,096
yAPPLICATION
1,190,691
total
PROCEEDS^-The
OF
98,000 shares of common stock (par $2.50)
convertible preference stock (par $10).4 Of
'
issued and
are
pref. stock ($19 par).,
^
10,500 shs.
10,500 shs. ;
Common stock: ($2.50 par)__——I——
*98,000 shs.
•
73,620 shs,
"Of this amount, 10,500 shares are reserved for the exercise of the'
conversion privilege, by holders of the 5% convertible prefereric stock
and the balance is available for later Issuance.
"
v :
" 1
Northwest Airlines, Inc.—To Expand Service—
American city, Newark, N. J., was added to North*
west Airlines"'; -coast-to-coast system on?^Dec, 28' :When; the;,Givli -Aero-?
nautics Board in Washington announced approval of the company's
application to serve that city.
Tentative plans call for inauguration,
One more major
conv.
York's LaGuardia airport.—V. 162,
a-" y.
will continue
p.' 3196.
:
Sept. 30,'45
admin,
eral expense
$1,962,867
1,954,572
1,495,396
968,905
439,760
352,545
167,912
258,174
—
l0
•
$9,257
VrB, 965
$4,899
■
Uncollectible
oper.
6,878
Net
Net
—V.
4,476,997
expenses-—^
i
oper.
%:'y }
.v
——•
——
113,624
' t
'
Net
$9,056,605
631,711
833,055
8,768,971
$9,038,234
8,765,952
$111,053
3103,670
75,283
2,098
taxes———
income
period
for
'?
the
conv,
3,938
-
Balance
of
net inc—
*•$1,137
;
$42,4lt
:
,
1
29,550
-79,789
J'tlvf-''
'j'
$28,387
$2,801
————
pref. div. re¬
quirements
5%
5,250
$23,137
•
$31,264
'
$12,867.
5,250
:
5,250.
$26,014
87,617
V *Loss.—V. 163, p. 76.
Parker Appliance
C.
.
$845,432
%
81,061
$66,105,214
38.465',396
18,920,109 v 18,601,584
$650,598
income_rr!ta
3078.
1,900,572 v.
% 1,546,927
inCome_—-.i.—! *
162, p.
•...
$6,197,970 $71,652,126
3,451,966
43,675,412
$6,674,522
revenues—
V
■
1945—11 Mos.—1944
$6,204,848 $71,665,750 $66,186,275
$6,686,877
rev.%
12,355
taxes
' '
1945—Month—1944
Period End. Nov. 30—
Operating revenues
;
Drl6,709
Dr3,873
;
Fed. and State
income
.*
$59,126
$114,926%
%
$112,635
Dr4,358
(net).—
Net- income—
Prov. for
V $1,195,943
$2,506,967
gen-
i
Other income
;
Co.—Earnings—
>y
1942'
' 1943
1944
986,916
sold—i ;
and
•
_
Telephone
■
$1,254,347
Net sales^—.
Sell.,
Corp.^-Sells Interest in Subsidiaries—
Bell
'■
Years Ended Dec. 31
'
The corporation has sold all its interests in Litchfield & Madison
Ry, and in Mt. Olive &: Stauntoh Coal. ' Proceeds of sale will be ;
approximately $2,000,000.
> ,
.
Holdings in the railway company comprise the entire preferred and;
common
shares and in the coal company all capital stock and un¬
secured intercompany debt.
'
1
The sale, consummated Dec. 31, was made to Jacob L. Holtzmann
of N. Y. City.*—V. 163, p. 75.
/ - '
/
.
Ohio
COMPANY)
(ILLINOIS
EARNINGS
9 Mos. End. 1
abcut Feb. 1, 1946. •
Mr. Hunter also declared that planes of his company
of the new service;,on-or
to fly into- New
Outstanding
Authorized
outstanding.—V. 162, p. 2648.
5%
Operating
the Association reports electric output
decrease of 1.125,538 kwh., or 9.25%
kwh.
T
;>
Electric Association—Output—*
4,
O. P. S.
O.
fered~*-Loewi
Earnings-^
$571,118
railway-^-:.)
•
For
Jan.
However, they
position
Corp.—New Art Director—
Net from railwayl-»^w
Operating
of
Light
Official—Expansion—
NOTE—Fof tncchanical
order.
-v';: ■ ■''
v
•NovemberGross from
'Operating
New England Gas &
stock,
common
record
possible
Schmidt has been elevated
President, announces the appointment
director of the -company.—V. .162, > p.
art
,
Ogden
% 1945—12 Mos.—1944
$5,932,224 $38,869,267 $38,214,952
'
•
the
on
Cost of goods
1945—Month—1944
' $6,046,137
sales,-'—L.
.
*56,284
> ,V ./.
$1,181,727
Inc.—December Sales Up 1.92%—
Neisner Brothers,
Period End. Dec. 31—
Net
36,433.
-.
1
Mos.—1944
^1,411,236
into the
$200,000
159, p. 452; V.
&
'The New York Stock Exchange has authorized the listing of $75,*
O0O,OOO '40-year 2%% debentures due Dec. 1, 1985.—V, 162, p. 76. %
Preferred Di^«
Thomas
Engineer.
Norfolk Southern Ry
.
1945—9
1945—3 Mos.^—1944
—$515,313
$390,862
Period End. Sept. 30—
,
the Railway company, : Waiter S.
Assistant-Secretary to Secretary and
Ranko
**<.
the
Island
the
; Racific Telephone & Telegraph Co.
been
Henri Badacca,
Commission of New York
S.
owns.—V.
now
latter
holders
v <•
Power
Debentures—
Waldron,
Noma Electric
<
Co.—Value Set—
has set a valuation of $8,427,178original cost. Alter^v
and other adjust- .
•rnents, the company's surplus of $300,000 is wiped out, leaving a deficit
of $2,306,479. The company is a wholly-owned subsidiary of the Long
Suffolk Lighting
Nassau &
The P.
on
$
95,867,623
Wallace B. Carr has been
P. Redding continues as a director
and General Superintendent of the company.—V,-135,. p. 981... - -r ;
V ?
National Bank of Boston, Mass,, -acting as agent for Textron Mills, Inc., has extended its offer to purchase common stock
Nashua Mfg. Co. for $100 per share. The offer will be good through
1946 unless-earlier Withdrawn.—V. 162, p.. 3196.
has
of
tor
from
i'i
it
the
to
donate
$1.25, and May 1,,Aug. 1 and Nov,,;
'
•
;
r
/
BNE President, has been named a director, and
BNE Vice-President, a Vice-President and direc¬
*
'O'Neill,
R.
named
';
Service
of
elected President to succeed, the late
Ross, who died Dec. 22: - Mr. Collins Is a director of this :
and a Vice-President and director of, Buffalo Niagara • Elec¬
Collins
L.
Corp.'
Harold
w
-
Cities
holders
Ry.—New President, Etc.—
Niagara Junction
Lfeslie
force.—V. 162, p. 3077.
recapitalization.
Jan. 27,
period ending Jan.
.William
will receive,$14,850,000 in dividends
during
1946, it was announced on Jan.; 7 by Lewis W. -Douglas,-pi,
President. The dividend scale for 1946, Mr. Douglas said, will be the
same
as
in 1945, although the total amount of dividends payable -, will be $408,000 greater than last year, • because of the larger volume
of insurance in
between
..
resumed dividend jiayinents bn the first pre¬
series, declaring a quarterly dividend of $1.25 fot
31, 1946. The dividend is payable Feb. 1, 1946
to holders of record Jan.. 16,; 1946. A similar: distribution. was made
on
this issue on Aug. 1, 1942; none cince.; Arrearages as, Qf Nov; 1,
1945 amounted to $16.25 per share.—V. 163, p. 75.
Policyholders Dur-»
of Mutual Life
Policyholders
difference
the plan if
(The) Outlet Co.—To Pay $1.25 Common Dividend—
The directors on Jan. 5 declared a quarterly dividend of $1,25 per
,
.
-
1946——
mg
the
to
to discontinue
The directors on Jan. 9
Co.* of N. Y.-r-Medical Director
$14,850,000 in Dividends to
equal
payment
'•
162, p. 2196.
Niagara Hudson. fcowet Corp.-^Resumes
•
To Pay
-
•
preferred.
iY" Brig. Gen. Hermon F. Safford, wartime rubber director of the United
States Ordnance
Department, has been elected Executive Vice President. The company is expanding its facilities at both the Willoughby
and; Conneautville plants ahd is about to erect a new, plant at Long
Beach, Calif.—V. 157, p. 169.
'• vj: ■
29,244,063
24,752,195
$
Marion-Reserve. -
of present preferred stock dissent.-,
the
will
ferred stock, ; 5%-
R.
James
$
of
P.
vidend Payments—
Idaho, New M6^
162, p. 30<7.
Gudger, now on terminal leave "Of his; duties* as
<^mihander; 'U; S,>N. .R^haa rejoined this company- as-a medical
director;
according' to an announcement made by Dr. William M.
Bradshaw, medical director of the company.
Dr.
cash
a
Ohio Rubber Co.-^-New
271,809,327 245,800,039
359,406 v ^ 307,678
15^717,434 100,751,905
16,605,120
$8,743 587 miscellaneous
notes
O.
will put an additional $5,000,000
and
share
the
Mutual Life Insurance
plus
facilitate
stock which
(L T.) Newberiry tJo.—December Sales Rose 5.6%—
Period End. Dec. 31— 1945—Month-ri944
jl945^-12Mo^,^-1944
Sales.
of
stock is to be valued in the merger at'$105 a
preferred stockholders will be offered a share-for '
present
than 15%
more
stock
30,580,156
25,768,138
a
price of their present preferred stockholdings and $105.rth
(parent)
r: 1945—11 Mos.—1944
('■ 1945—11 Mos.-
2,698,954
2,268,138
,
and
$468,750
stock
The company reserves the right
-
3078.
p.
call
the
271,449,921 245,492,361
168,540,554 149,367,958
6,776,336
72,329,211
66,880,340
$
lii Colorado, Arizona,
Wyoming and El Paso, Tex.' V.
exchange
v
13,640,966
2,201,915
and
Service
preferred
*
construction in 1946,
'
than double the amount
would go for new construction.?
estimated the company would
supplies service
The company
ico, Montana,- Utah,
2,664,292
1,345,293
1,622,017
23,116,256
2,552,952
focome—1
oper;
with
••
preferred
new
and
share
Earnings—
-1944
1945—Mpnth—1944
income—
Net
$18,500,000—
building.
spend $75,000,000 for new
•The
share
To
JTork Telephone Co.
V. 162,
additions in 1945.
years Mr.; Ogden
spent for gross plant
the next five
.
Public
$15,369,700
ahd_wiH be replaced with $15,600,000 par value new 4%
of
Operating revenue
:
25,725,305
expenses—2
17,004,351
taxes,——— \ 6,168,002
President, announced. , > . .
the greater part of that sum, more
Within
4 1,272,216
Operating
Operating
spend $18,500,000 on
plans, to
company
,1,522,860
Operating revenues J„
25,763.757' 23.147,073
UncoUectible r oper.%reVi-t^ > 38.452 ^
30,817
7,764,440
P. Ogden.
F.
1,912,332
Period End. Nov. 30—
27,366,521
9,826,853
319,219
Expenditure of
Plans
;
1,035,946
$39,550,278
2,574,143
675,025
$467,864
income—
oper.
income-.
2,499,310'
1,251,859
stocks
,f
S. and the $3,230,600
preferred,stock of Marion-Reserve will be reduced by about $3,000,000
">
$3,640,970 $44,212,207
$4,212,872
2,815,256
929,752
Operating revenues—
Operating expenses
Operating taxes.;——- '
;
preferred until
-
Tel. & Tel. Co.—Earnings—
, . .;. f
1945—Month—1944 $ 1945—11 Mos.—1944
.$4,221,887 S3,645,876 $2,274,305 $39,594,433
- 9,015
s , 4,906
74,993
44,155
Mountain States
Period End
New
The conversion
2,741,756 4
1,030,089
:
Ohio
The
,
:)>•.'■*.:?
tp.
preferred
present
debt, which comprises $28,909,000 bonds
debt of
1942
$235,354 '
,"
and replacing
paying issue.
merged company is expected to issue $32,000,000 new first
mortgage
bonds
and $5,500,000
debentures
to
replace the
present
107,864
103,334,
127,005
107,997
}y :'.&* ? 1! ■>*(v^
101,779
163,288
.2,356,238'
railway——
Net ry. oper. income—
V.' 162, p. 2821.' '
1
.
„
$226,933
:fT?i
„
down
':'
Marlon*'
•
•
-' The
;
„
from
Net
1943 ,
$224,959
_
,
73,023
:
railway
from
Gross
:
'"1944
'202,943
,
income_V4I:
Net ry. oper.
,
.
,
$177,568
railway——-
from
Net
; ; ,r
railway,,—
from
Gross
Inc.—Stock Conversions—-.
shares of its $2.50
stock by the close of
preferred share was
1950.—V. 162, p. 2275.
November—
.
From Jan. 1—
corporation on Jan. 2 announced that 92,894
preferred stock had been converted into common
business on Dec. 31, the last day on which each
exchangeable for 2xk shares of common stock.
This left 15,106 shares of preferred stock outstanding
rate is now two shares of common for each share of
The
Dec.' 31",
T'
"
'
-/.''-1''-'i'
3077.
■'
1945
Scaling
(3)
.
lower dividend
f
• *
RR.- -Earnings—
New York Connecting
u
617,886,061
76,467,705 651,679,855
' 83,.232,358
SalesJ-
Power, ,Inc.„•
(2) Refunding of outstanding'debt.
i
.^
'•
• •
.
its subsidiaries,
and Ohio River
Reserve. Power Co.
of
*\
year ago.
Co., Inc.—December Sales—^
1945—Month—1944 g 1945—11 M6s.—1944y^
31—
,
.V;
:,.,
plan has three principal objectives: ':
Merger of Ohio Public Service Co. with
The
.(1)
This is a decrease of 748,366 kwh„ or 1.34% %
55^10,388 kwh.,-for the corresponding month a ,£
'
*
\
' ' *
' 1
output in December is reported at 756,569,000 cu. ft., an in¬
of 47,017,000 cu. ft, or .6.63%
above production of 709,552,000
in the corresponding month a year ago.—V.-16?, p. 74.
* >'' v
below' prdouctlon
6 i 42 6,81 sy.3,787,851 1,433,597
Montgomery Ward &
•
electric
31,.,1945,. this Association reports
month .ended Dec.
the
For
j-.'-f,;
company,
.
/
and Gas Down in December—
output of 55,162,022 lcwh.
1,15?,384
g
.
|
....;
..
3>f55.329
;
126,933
4.93%
or
corresponding week a .year ago., ;y .-''y
in the
ft.
cu.
Output of Electric Up
333,484 >
'
5,9G7,615
"*
000
$555,726 *•'
$424,072
192,129
..5,333,691
railway——-
—V, 162
■;
y
.
.
railway—
from
Net from
Net
165,905
income—
oper.
ry.
Prom Jan. 1—
Gross
1942
1943
of 7,837,000 cu. ft.,
increase
an
,,
,
Monday, January 14, 1945
CHRONICLE
reported at 166,764,000 cu. ft., - ■iti Ohio Public Service Co.—Recapitalization Plan— i-f
above production of 158,927.,
A plan of recapitalization was filed Jan. 9
with the SEC by the
the Jan. 4 week Is
;;':Gas output for
Ry.—Earnings—
Monongahela
FINANCIAL
the
H.
Wagner,
company.—V.
Jr.,
Co., Cleveland, Ohio—New V.-Pres.
Secretary, has
162, p. 3197.
been elected Vice-President of
'
<
'
S (Continued on page 230)
.
,
■
(Afi
Volume
^
Number 445S
163
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Stock and Bond Sales
DAILY
and deterred deuvery eelee are
New York Stock
«»
WEEKLY
-
disregarded in the days range, unlets they are the only transactions
ted States Government Securities
Exchange
YEARLY
■
of the day.
No
account is taken of
such sales in
computing
the
range
for" the year.
the New York Stock Exchana*
on the New YorkT'.
WeW York Stock E«hfinge during the current
on
daily record of the transactions in Treasury and Home Owners' Loan coupon bonds
of a point.
'
32d
Figures titer decimal point represent one or rrfore
a
week.
Jan. 5
Dally Record ef U. 8. Bond Prieoa
Treasury •$
4%s, 1947-53
Jan. 9
Jan. 8
Jan. 7
Jan. 10
Jan. 11
Daily Record of
f High
Low
fre»«ury.
2'As, Sept.,
(
,
(Close
Total sales in $1,000 units
,
Low
-
2V*s,
(Close
,
Total sales in $1,000 units—
l
I Mis, 1949-52
[High
Jan. 10
Jan. 11
102.1
102.2
102.14
102.18
101.30
102.2
102.5
102.16
102.24
101.30
102.2
102.14
102.18
102.29
*'%'
8
&
6
1951-53-.!.-—-—A-—.
102.29
112
I Hign
33
Low
iClose
High
$%«,' 1952-66—--
Low
Close
Total sales in $1,000 units—-——.
Total sales in $1,000 units—
..
(High
—J
Low
[Close ?,
High
«%s, 1954-56
Low
Close
Total sales In $1,000 units—
1High
3s, 1951-55—
■
Low
Jan. 9
Low
[Close
Is, 1946-48
Jan, 8
[Close
Total sales In $1,000 units—
High
Low
—J
—
Jan. 7
{ Low
Total sales in $
1,000 units—
(High
'
Jan. 5
f High
g 2'AS, Dec., 1967-1972
(Close £
Total sales in $1,000 units—.—
3%s, 1946-49
•
r
Close
\ Low
-
O. 8. Bond Prioes
1967-72
Total sales In $1,000 units
fHigh.-
<
3%s, 1946-50
,
Total sales in $1,000 units—
w
2%s
106.25
1956-59
[Close
106.25
Total sales in $1,000 units.—..—.
Total sales' in $1,000
.
fHigh
———( Low
3%S, 1955-60
[Close
:
( High
——j
Low
2s,
1947......
...—
[Close
2a, March 1948-50
——
.Total sales In $1,000 units*
Hign
Is, Deo. 1948-50
fClos*
Total sales in $1,000 units*
$%«, 1960-65.—
1949-195ll——
2s, June,
Total sales in $1,000 units—
Total sales in $1,000 units.
(High
1948—————.—
2s, Sept., 1949-1951.
Total sales in $1,000 units...
1949-53
i:'.V-V.W
LOW
—
'V-.-.
—
\ LOW
(Close
—
7Hlgn
*C
2s, Dec., 1949-1951.
Close
——.
103.7
,f Low
,103.7
103.7
'
IClose
Total sales in $1,000 units—
Total sales In
fHigh
$1,000 units.
...
*
Ss, March,
1950-1952
i
5
.
..
fHigh
.-{ Low
iClose
2%S, 1950-52—
......
Total-sales In $1,000 units.
High
• %s.
Low
——
Close
Total sales in $1,000 units.
2 % S,
5
Total sales in $1,000 units..
„( Low
—
101.28
>
.-{ Low
(Hign
«%s, 1958-63
101.28
Close
in $1,000 units——
Total sales
»
10
101.28
f Hign
Low
[Close
„
101.30
::
[Total sales in $1,000 units..
Total sales ip $1,000 unlts-A^—
(High
!%«, 1956-59.—
101.23
$2
yes, Dec., 1959-1962
;
| Low
(Close
..
101.30
High
2
(High
,—
101.30
101.19
Total sales in $1,000 units..
'
(Close
3%s, 1951-54-.,
101.23
IClose
Low
Total sales In $1,000 units.—
3
fHigh
| Low
2'As, June, 1959-62__
Total sales In $1,000 units
*%#. 1948-51
106.25
units..
—
Low
—.
(Close
Total sales in $1,000 units—.
...
—
Total sales In $1,000 units..
[High
I
?%s, 19^2-54
Low
3s, Sept.,
1950-1952.—
..
[Close
Total sales in $1,000 units..
Total sales in $1,000 units.
High
2%s, 1956-58-
2s, 1951-1953
Low
Close
Total sales in $1,000 units—
Total sales in
$1,000 units.
f Hieh
.-{ Low
[Close
2%s, 1962-67——
Is.
Total sales in $1,000 units—
1951-55—.
—
Total sales in $1,000 units.
[High
2%B, 1963-1968.
!
2s, June, 1952-54——
—
—
Low
Close
Total sales in $1,000 units—
2%s, June, 1964-1969...
Total sales in
—
3s, Dec.,* 1952-54——
Total sales in $1,000 units—.
Total sales in $1,000 units.
High
$%s, Deo., 1964-1969——
./•;
v
.•
.•
103.8
103.25
,103.30
LOW
103.8
103.25
103.30
Close
103.8
103.25
103.30
—
v
.
Total sales In $1,000 units—
ipz
■■■
'
$1
'
•'v 2
;•
[High
v'L";
1965-70
..
LOW
—
Close
103.26
103
103.7
103.10
Low
103
103.7
103.10
103.26
103.28
103
103.7
103.10
103.26
103.28
11 i
1%S
2
2
•:^.
103.28
1948—
———.
Total sales in $1,000 units.
[High
103.8
Low
103.8
103.22
(Close
103.8
103.22
2%s, 1966-71..————. I
Total sales in $1,000 units..
103.22
•
20
fHigh
102.3
•I
Low
102.5
[Close
1967-72—..
1953-55—
Total sales in $1,000 units.
High
—-
Total sales in $1,000 units—
2 Mi s, June
3s
1
vt-:-
Close
2%S
$1,600 units.
102.5
5-
102.5
Total sales in $1,000 units—
102.22
102.5
102.22
1
:'ff
—
.111
1
102.22
ih
102.22
:
.
5
—
Total sales in $1,000 units.
102.22
102.22
102.5
■'V., £
1%S, 1950.——.—
••••'
?in9
iRegistered bond transaction.
21
Treasury 2'As June 1967-1972,
UTreasury 2%s 1965-1970,
five registered bonds sold at
one
registered bond
102.20.
>
Treasury 2%s
NEW YORK STOCK RECORD
LOW AND HXGK SALE PRICES
Saturday
;■
82%
82%
15%
33
17%
15%
33
18'/a
-
;
8%
5%
8%
*67%
>i-
39
*102
V
106
*21%
V®
22%
189
:
23
"
34
39 Va
*102
189
23
8%
68 %
71
39
34
For footnotes
*120
8%
188
8%
5%
5%
•'f.
55
22%
33%
23
page
:'r;l
17'A
l34'A
22
21%
47
47%
34%
19%
48
35% :
20y»
:
57Mi
'
56-V
8%
55%:
9
♦123
;>."'
:
*103
■
193
23%
192
,
-
5%
33%,' 34
35%
"
35%
xl9%
-
55%
:,
125
9%
5%'-''' '5%
56%
55%
69%
69%
44%
44'A
45
106
24
193%
23'A
35%
24
r-.
-•
'193
23%
34%
♦103
;:
-
23%
35%
:
''
*102
:
24%
195
195
:
24
36
'70
'S> 44%
106
24
-
.•
ACF-Brill
Adams Express'
:
Adains-Miliis Corp_>__^..J/o
900
Motors
Co-i—2.50
Acme Steel Co
10
.5,300
4ddresR-Mutigr Corp
10,600
.
20 Va-
Admiral Corp.
9,700
56
>X
125
■
150
;
9% Jan
1'
Par
—
:
—
10
1
:
-'v-i,
-
70
'
44% ^ [
22% Apr
tr
17
-
,-
700
$2.50 nrlor
1,100
Allen Industries Inc
2,800
Allied
3,400
Allied Kid Co
Allied Mills Co Inc
Alghny Lud Stl Corp
Aileg A West Ry 6% gtd
24%
%
23%
24% V'
36
36% ^
'
:
9,500
r
Chemical A:
Dye
S
No p«r
..-35
Dec
47% Dec
14
Deo
33
Dee
24%
vr
.
<■
26
Dec
6
16
6%
6% Dec
17
2
;
153% Mar 16
15% Jan
2.
27% Aug 21
:
60% Jun
Dec
42 'A Dec.
108
37% May
75
43
-
Apr
23%
Jan
37
Jan
-6
24%
Apr
70
Jan
Dec
17
5
Dec
10
24'A Dec
10
36 % Dec
8
Deo
7% July
3% Dee
Mar
17
July
100
Jan
21
25'A Dec
194
Oct
12
Dec
23 ;,&v, 74
2
10% Dee
Jan
22
11
Dee
Jan
56
91
Jan
13% Jan
Jun
64
8% Aug
9% Nov
2
:
Jun
114
Jan
19%
56
Jan
47
64%
6
122
22% Jan 24
v
$ per share
62% Feb
108% Nov
Jan
d* 21% Dec
24
Highest
share
10%
26%
2
Jan
per
10
11
Lowest
34% Nov 30
6 :>
2% Jan
27
21% Dec
>•
24
34% Jan
'•
'
1*
par
15
26
17
,
No par
_100
No
Jun
98% Jan 22
preferred-No par A>-
:
T
106
196
conv
i 11,100
115
Dec
^ 6%
Nov 13
114 : Dec
2 V' A 17 % Dec
38% Jan
: Air
^ Alabama
•
per fhare
88
25'A Apr 23
13Ya Mar 26
32% Jan
■
Year 1944
Highest V
.$
Abbott Laboratories—.—No par
60'A Jan 22
' A% preferred
^——*—.—100;.- lliy» Apr
9
Abraham & Straus
No par
<'60
Jan 15
-
56%
'70%
'
Range for Previous
;
V
t per thart
Par
*
Reduction Inc—————No par
& Vicksburg Ry^
.—100
9% '9% H
33,900 t,; Alaska Juneau Gold Min
10
5%1'' 5% i:W,t 64.800 ;
Allegheny Corp
;
1
56%
57'A *'•■;■■■;9,900
6»A% pf A with $30 war
100
125
8%:
*
»■'
42%
34%
:'
57
122
*69
23
;
Lowest
15,200
3.400 x
22%
47
20%
Range for Year 1945
EXCHANGE
12,500
34
21%
34%
NEW YORK STOCK
-
290
125
34
56
23
23
16%
22
5%
42
34
207._
V
,[
70
191
125
l67/8
47
122
5%
106
V;
34
U-
9
#22%
2,000
30
21%
19%
;
*102 V2
92
•113^3 116
-1
128
16%
Shares
88
87
125
34 y4
54%
56
9 per $hare
thart
the Week
47
125
54%
Jan. 11
*113M» 116
? 17
32%
;>
34'A
19%
69 Va
:
189%
22%
32%
'39%
68%
39%
106
22%
see
54
125
54%
16%
46
18%
86
124
122
21%
33%
85
114% 114%
V'
17
46
53%
53
124
20%
18%
5%
!f:
-32
85
I per
Sales for
Friday
Jan. 10
$ per share'
114%
46
33%
33%
*120
5%'
54 Va
54
15%
STOCKS
Thursday
•%
Jan, 9
84%
20%
■:
18
125
*122
33
19%
•44
114%
119
♦32%
19%
46
53'A
V
53
*120
*
1143A
Wednesday
1,
t
per share
84
15%
32'A
19%
il. f
83
•r 114%
116
114
15%
*31'/a
83
115%
114
*44%
Tuesday
Jan. 8
t p ar fhare
share
*114
v
i
Jan. 7
1 per
;
Monday
.
Jan. 6
18
: :
-
Deo
62
Dee
29% July
91
Deo
187
Dee
9Y4 Jan
1*1
Apr
13% Mar
20
Aug
o.,'
16%
Peb
36% Uxr
STOCK RECORD
NEW YORK
!
HIGH SALE PRICES
LOW AND
46%
47 Va
104%
104 Va
6
9%
9%,
9%
9%
11
9%
"60
68
*57
62
150
151
151
152
41%
83%
84 %
37%
37%
37%
78
78
80
80
22 Va
22%
51%
50 Va
51
51%
53
*134%
135
*134%
135
135
63
124
146%
27 Va
28
27% 7 27%
"68%
.71%
*68%
v.
*70
24%
25 V4
24 %
24%
25
106 %
106%
*106%
52%
53 Va
7 53 %'
'7:
'
53%
'
53%
8l/4
8%
"17%
37
7%
71/4
33%
?:
7
52%
51%
7"
:v; *12
:
*99%
100%;
13%
13%
13 ?7
13
v
51
7118%
119
118%
36%
17%
17%
35
35V4-:*;, •7.;. 34%
142
*141
11%
12% 7
;
18 %
96
35%
29 %
7-:>
64
64%
179
179
■
48
48
29%
"
■
**160
29 Va
.
52
52 ;;;■
,
;
190;
188%
89 Va
*88
164
■
*
23%
67% ""
V 164%
122 ,77
25
24%
-*120
7
Va'
31
129
43%
51V4
V
•;
'•
51%:/
43%?;
43%
44
:
*
81% 7
Z'tiSlM.
i
> 44
*112
V;
*18%
43%
8Va
12%
28
27%
13%
13%
1233/4
*122
135
55
109
'
55%
•
-
.
*108%
109
*108
56%
109%
.
26%
i8%:;
18%
18%
18%,
45 Va'
45 Va
193/4
19 Va
47%
"
7
49%
135
105
135 7
.*•'
103%
117
75
.78
75%
37
*36%
*78
7
39%
28%
39%
25 Va
25
*55%
*90 %
56%
25%
56%
v.
*25 Va
18 Va
*26
26%
28 %
28
9%
121
_
,
27%
9%
9%
59 Va
4
18%
18 Va
120
.118
59 Va
60
7?
,
90%
91%
130
'*129
7. 26%
18% ' 19%
•*25
26%
18%
125
125
■'
29
.25%
56
56
-
90% 7;
130
*129
'
25%
7
f
T
.
: 7
.7
7;
V
7:
9%
9%
60 Va
6OV2
29%,.
10 Va
61%
•
*105
-
;
19
•
29
77183/$
123%
10%
7
10%
10 >4
:
10%
61Va
6iya;
v.
-77/'.. .7
7
62
'
62%
63
■
preferred
non-cum
Refining
conv pref series
6
65
Mar
7 14% Dec
6
*4
Jan
103
Nov
13
61
Jan
7157
Dec
12
14% Oct
16
A
conv
preferred—
Nichols——
$2,25 conv
;
1
80 Va
Jan
14%
Feb
6
8%
Jan
12% July
19% Dec
24
31
Nov
13
104% Dec
3
7 86%
713%
7
95% Dec
3
19% Dec
10
9
Mar
16
11
12%
Jan
Oct
15
62%
Jan
773/,
Dec
;
1
38
Dec
27
13% Jan
18%
Sep
>
31% Nov 13
7 44% Nov 30
13%
Feb
19%
Dec
26 y4
Jan
37 %
Dec
]
11
730%
Jan
43% Juiy
7
v
7
68 % Deb
39% May
43% Dec
Dec
152%
Dec
%
28%
Dec
7
15
Dec
3
Dec
19
111
2 '
53% Nov 17
9
90
2
11
156
166%
Jan
••77577 July
56% Jan.
Dec 13
75
57% Jan
31
69% Dec
10
39%
121% Mar 15
116%
26s/a Dec 26
112 ' Nov; 8
84%
Jan
.6%
Jan
7
139
11% Dec
83
Jun
49
•57%
:;45.7
6
•
113
Dec
*•
49
Apr
>
15%
Jun
120% July
Apr
10 % Aug
6% Jan:
.
Nov
i
7;
Dec
;•
Dec
,;
9%
107
87% Jan
6
3
: Dec,
1523/4 July
Jan
8% Jan
26
31% Dec
>
July
100
140
6
8% ju;y
4
Jan
22
44
Feb
65
Dec
:
Nov
28
24%
Jan
29%
Dec
7
Dec
10
25
Jan
39
Dec
Dec
10
20
Jan
28% Julv
Dec
13
14 V4 D«c
49% Nov 30
23% Nov
-
27
21
'28
9% Jan
9% Nov
30% Oct
5
2V« Ja?n
Dec
3
127%
Nov
27
141
Nov
7
7
15
593/4 Nov
108
4% Aug
1
Nov
4%
"e%
74%
8
Apr
Jan
107%
Dec
119
Jan
85
Jan
35% Apr
July
46%
Jun
27
12% July
6%. Feb
X29% Dec
6
193/4 Dec
2
11
8V2
Jan
Dec 29
Nov 19
12 Va
Jan
90
Jan
113
85 Va
Jan
113% Nov
139% NOV 20
52% Dec 15
108% Mar 23
113% Nov 27
120
Dec 11
9
Dec
26
Jan
31
Jan
30
Jan
22
83 % Dec
45
i;
20
22
19
2
25
NOV
3
16
33
13%
103% Jan 7
Jun
19%
■;
Dec
83%
82
Jan
106%
25%
Jan
55,
Dec
25
Feb
38%
Nov
76
59%
Jun
7
24%
Jan
107%
Feb
27% Dec 10
58
Jan 23
94% Dec 17
130
Dec 26
11%
Jan
53 %
Jan
52%
112
6
82% May
17%
Jan
7 2
131
Jan
2
29
Jan
24
10 % Dec
20
63
Dec
4
3
14%
Oct
62
Jun
1203/4 Aug
20
Dec
13% May
84 V4 May
15% Nov
Dec
3%
Oct
Dec
57 Va
14 Va May 7
20% Dec
• Nov
114
7' 7 7 Jan 7
66
* Apr 7i
27 % Dec
22
Dec
'
Apr
May
29
Nov 29
Dec 22
Jan-., 6
Jan
Dec
Jan
28
7
Sep
108% Nov
53 Va
Nov
120
Dec
45%
May
42% Dec
833/4 Nov 20
7
July 27
Dec
Jun:-/|
Dec 1
24% Dec
2
Jan
Dec,;.;
31%
5
23
Jan
Dec 7;
132 7
18
2
Feb
Feb
Jan
91% Oct
3
Jan
25%
56
161% Dec
2'
•
26% May
196% Nov
31;
Jan
-
:
19% July 71
Dec; f
Jail
16%
4
lis/.
45%
Nov
22% Jun
10
3
-———8c 77 M '8
D*1 IThei*. --^3 '
_o/4
preferred*—No pet
58,8
Dec
Jan
146
7164/7 :vAug;6:
7
|
165%
147
Dec 31
181
50% Nov 30
60
Apr
I
7
180
99
184
"
151
Sep
4
Dec
127/a Aug
Aug
17% July
12
Feb
:■
a
Dec
60%
Jan
30% Dec
Dec
66 V»
Jan
163
Oct
7/
3Va Aug
Jun
2
44% Feb
40
Feb
140
No par .
100 \ HJ
—No par 7 18 %
No par
10 ,2
43
32
Dec
48
65 %
60
26
130
Jan
20
39% Nov 20
142% May
7v
Dec
Feb
115% Feb
"
2
76 /a
7
Dec 7j
Nov 27
41
,
111% Dec
24%
20
.^05%
L
Dec
Nov
Jan
10®
1^./
-*100
48 /a
.---1
33%
100
71/4
-25 7 30 /4
100
110
0
prior A
Co.
ijirtdHnr, Corp Of
$5
Autocar
.
i-r-JOO
.—100
Jun;;.;
28 Va
21
Mar
9% Aug
50
•
29
Jan
1% Aug
79 Va Dec
9% July -'
,
Feb
Jan
,,,
Nov
76Va oct
Jan
10
Jan
Dec 7;
8% Aug
46
6Va Jan
46
31
Jan
'rl**'
7 45
7Va Apr
Dec
40%
14%
123
20
6
17
2
Sep 13
10
943/4
■'
6
Oct 29
54
Mar 27
11%
-
Apr
41% Dec
Mar 26
106%'
f ty*
Dec
25%
3% Jan
39% Mar
Dec
f
Corp*——-—————-;
preferred****—---^-—■-•--50
Austin
7;
730
122,100
6,300
W I SS Lines*.
&
Atlas Tack Corp
5,400
10%
7 10%
5%
50
•5,000
126
125
Fe
RR
Atlas Powder—*——
1,220
300
•
61 %
6%
283/4 72977-:
29%
4%
Atlas
i
19%
18%
18 Va
125
28%
29%
G
500
v
Co..*?^
Tope! a & Santa
preferred—
5%
10,400
132%
25%
132%
*25
26 Va
4
---,59
.—100
--No par
preferred
preferred—*
Atlantic
,1,310
94%
94
93'A
Atl
7:
565/a
v
5%
8.800
-
,V:L> '/
1(
Atlantic Coast Line
1,800
26%
26%
*56
130
26%
125
124 Va
•
Atch
9,000
403/8
117
n
116%
Apr
7
Jun
102
Jan
Jan
Dec
111 July
_42 /y Nov
;
Jan
23/2 Jan 72;
-6 /a Mar 27
102 >/a Mar 27
Corp—;—*"*—5
preferred--—
5%
2,800
85 :,7'
^
Investment
Assoc
?7
7,000
7:
39%
39
*78
7 40Va
403/a
56 Va
130
26%
1st
2d
78%
7/ 77-;;
263/a
913A
92
130
120
rV
Jan
11% Dec
29 •;; Mar
5% Mar
Apr
1% Oct
29
Jan
Associated, Dry Goods^*-—
:
100
110%
,
8
.31
Jan
4%
7
Corp.*—***———No par
Artloom
6%
10-
^
-
"7%
i
:
119%
85
56
,7
56:
'i
80
;
108%
26%
26%
7,,' y
Arnold Constehle
220-
*
55
107
*105%
77 Va
117
116%
.
136
*52
,
39
7
393A
116
77: 18%
7:
*78
40%
7
.
38
373/4
26%
,
■
785 ,7':
,7
,
120 :
77
136
5,100:
preferred ,-**-----rw9 Par
$3.75
u'(l
'
109 3A
120
.
77
49%
136
;■ 106%
108%
«
'
4,200
136
".
.55
*52-
,.7
78
9i'A
130
-
-
1
100
1,800
19%
193/4
49% 77777497i:^
-
•
Co———No per
Cork
Armstrong
3,400'
27'/a
*26%
-r^-5
Inc_^
.
90
7r
58% 7777 59 :7 593/4
*108 Va 1093/4
109%
CO
P W Paper
774% AUg
23
28
3
,
Jan
20
Archer-Danlels-Midland
No par
Armour & Co of Illinois
5
$6 conv prior preferred
No par
V 7%
preferred 7.—*^——-—*100
56,000
'•••I 900
138
*136
137
7 48%
109%
25%
7 125 .'f
28%
55
116
56
122 y4
136
39%
:;V'
14
20%
106% 7
-
*78
■
13%
122% 123%
134
76
37%
85
39%
116%
7 116
257;
90
91
130
*129
37
*80
38%
39 Va
*56.77
77
78 %
37
H'
14 Va 7*.
*108%
120 7- 120
7
77
7
116
*115
116.
116
*
119
3,400
134
-7
108 Va
108
7
85
*105
7106%
293/a
135.7?' 77135
135
*52
29%
29 Va
<-20
134 -
■
A
58
493/4
52
,118%
.
37
90 "V
*80
135%
105%
118
37
,
52
7*105;
105 »/a
118
75
.
O
io6%;
*105
104%
117
7
3,200
Copper
1
27%
*132 %
134
135 v
*51%
105
.
104 Va
V
55
*51%
7:134
,
8%
*26%
49 %
-
134
136
'135
7
47%
46
*132%
132%
132'/a
18%
8%
20%
27'
•
87/a
27%
26
25
25
Andes
-
0
Jan
60 % Jan
29 ,a Jan
38 y4 Jan
24% July
109 July
?»,/ Aug
12 /2 Jan
Anderson, Clayton
•1,200
*135
t*
26
*25 "
5.300
122%
/
"
& Co
Mining
47%.
21%
13%
56% 75877:
108% 108%
'
55%
55%
114
—
;
-
2V4 Mar
16
Jan
8%
99 Vs
..
9
100 /a
No par
*12.50
No par
Glass Corp
preferred
$4
29
135
134
136
136
135
135
Vu:
123 Va
*122
Anchor Hock
Cable
Anaconda Wire &
50
21 Va
8%
29
,28%
13 Va 714. .7:
123 Va*
123 "
28
13%
1,300
50%
47%
403/4 >;47%>
21%
21%
8% V;
8%
8s/a
7%
Anaconda
3,700
7
60
49 3A
*llf%
85 prior
300
50%
112%
1123/4
7
21%
-
Amer ZW«
42,200
58%
473/4
-—-——»***>**>—100
Lead it 8meH-*«—-I
conv preferred
>—25
Copper Mining
*—50
Preferred
-
'
79
*76
,
.517.
50%
46%
21
11%
56
533A
48%
7*112% 1123/4
7
27%
•..
123
55
:'7:
20
11 Va
Wks & Elec
:
5,000
19,200
.•
48%
7:7.477.:;.
'
53
46
45 3A
19%
>'
19%
13%
*108
46
7, 523/4
400
143 Va
79
*76
,
46%
45 SA
V
44%
7*112% 1123A
43%
79
113A
11% 7 m 11%
•
143%
145
No par
$6 1st praferred-**—---—No par / .i
American .Woolen*:—,*—-Np par
50,700
,
preferred77---—ii—i-V*»-100
Water
Am
39,700
40%
40
,
Dec
36% Dec
33
•
25%
,25%
•'
11%
?7
52%
.
12%
27% 7
123
144%
142
4,9001
110 -7 110 :7
41%
'
-
Tobacco
B
107%
Sep
15%
145% Mar 27
Amer Type Foundries Inc
—-10
13% Mar 277
American Viscose Corp
14 7; 43 /4
Sep 13
6% preferred——**———.100
116Va Jan 23
17,100
70%
100
25
—-25
Telep & Teleg Co
Common class
.
6%
i 320
122
*120Va
26%
142
45%
.
7,7.8%
27%
*132
39
80
51
;7
51
44
II23/4;
43%
■
8%
*8
:
40%
Amer
American
-
No par
Feb
21%
59
5
Aug
41
Jan
128% Jan
29% Jan
157
Jan
65 Jan
65% Jan
100
*—;-*-100
Dec
101%
11
10
•10% Dec 74
58
Dec
1
/a
17 V2
223/4
—No Par
Sumatra Tobacco**
Am
5.20U
26%
693/4
,
American
■; .Preferred
5,200
169
Co—i
Sugar Refining
Stove
203/a
8Va Nov 20
109
Aug
15
Mar
14
56% Dec
27% Jan 2
Foundrief-^-.«---Nq par
Stores—-No par
131% Nov
68
preferred
American
Feb
'-i,
15
NOV 19
4
17
32
Co
27% July
115% July
10% Jan
xll7% Nov
'
Dec
Jan
Nov
108%
19% Nov 14
18% Jan
Razor**--—-18.50
Building Co_*
993/4
7
29
Jan 30
Mar 26
75
42% July
Jan
107
57
Dec 31
7
9% Dec ; 3
40
Nov
Apr
23 7
1093/4 Jun
130% Jan 26
4lVa Jan 2
2% Jan 2
80% Jan 22
54% Jan 22
preferred——-100
95 Va July
183%
Jan
15
1
>' 7'^ /l,.v ^ '*
•
Dec
43 % .Tun
Oct
683/4
Nov
27 % Dec
7
Jun
19%
33 Va
11
16
42
72% Dec
,7*
170%
156% Dec 14
149
Oct 18
29% Nov 16
69
Dec
3
2
conv.
American
■
10,100
-
91 Va"
25%
110 7
*109 Va
109%
38%
79 r
1IV4
'
18%"
18%
!
,
43 %
43%
7. 43'/a
.
71%
25%
26%:
25 3%
91
.
H 122
*120
Mar
127
Jan
4%%
pon-cum
Amer Steel
|,000.
193
168V»
169
263A
109%
41%
7
90 Va'
69%
70
122
192%
*89 Va
25%
'
69%
May
82
6
Dec
■
'176 ' Jan
15 3% Jan
q%
f 800
483/4
48%
92 Va
01%
167
8
July
Jan 15
Aug 21
Amer
40% Jan 2
7/ Preferred'--V^.1.7^:^m*,«»»'•<7--IQO y; j84% Jan ; 3
American Snuff-*——_*.—-— —25
- 41 % Apr:. 9
7 400
71507.77 150
90%
25'A
1
25
7;77
'/}' ' '
No par
No par
Smelting & Refg—No. par.
5,700
52Va
'
;i7 192 3A
,
4--7vv;fi
4,200
'731:77
31
192
Sep
14
2
2
2
Amer Ship
24,100
■
;
31
'52
.90
92'A
*120 "
-
142%
80
7
•
165%
163%
25%
10 Va
io
48%
"
92 /;
110
142
'
'
48
190% 191%
90%
90 :
'
'
"
7 9%
*79
112%
*112 Vt
7 *43
48%
69%
39%
139%
135%
81% f
43%.
■7
,
9%'# "?•
9%
483/4
122
25
38%
34% "
\ 132
*79
148%
7
133
67% Dec
7 11% Jan
San'y
American Seating
»170
44%;
;
30%
7-31:;
148%
Apr
17
No par
7 American Safety
? 280
1,600
493/4
43%
':7«
148%
-
34
30%,
126%
?7112 % Oct 11
199
Dec 31
Preferred- *****.**—**-*——100
Rolling Mill
25
•
7,600
1617
l61v
52%
24%'
67%
7/109%
110Va.
-43'
8
21
ll7/8Mar27
24 Va Jan 24
American
1,500
67 Va
75 49
*
31?
164%"
*120
25% 7
24%
*108%
110 Va
*103%
:
51%
148%
91%
24
7
7 122
42 3%
yy 31
90 '
163%
68
67% '
r
42%
46
Jan
135
108
*
Rad & Stand
Am
1,600
77 7179% 180
•
493/4'7:
7:
47%
89%
237/a
723%
V: ?
7V<
-?
1,100
-
742%:
67
>
161
51 Va
'
164%
180
30%
190%'
189 3/4
7
178%
-
V4
30 Va
'
23% *
67%
*120
90
,89%
67
50 Vi
147
77 89%
7*'90
89
66%
51%
-'47%'
777
vv
48
189% 190'
,'
89 Va
•
163
v
42
29%
147
148%
vv;
*47
48
"47
*161
38
30
42%
•
98%
30
2 9'A
30%
^•6li7
"
7; 42
'
313/4
.<38
-
38
29 >A
Jan
.
preferred
No par
preferred—*—*^,i—No par
$6
$5
'•7". r 40.
50,600
1,970
190
97%
98
•'7 37%
105.
31%
7
134;700
;
6,800
15
*183
185
-•*"•48'A
7742,7
30%
7/ 28 Va
■
52
18%
;>■
19 Va
737 %
Jan 15
Jan 3
7% Jan 3
48% Apr 22
26
Jan 22
American News Co*.,——.No par
Amer Power & Light
—No par
/
45.900
,1783/4 179
165
'810
19 Va
97
?Y7 48Vi^
82%
8,900
30%'
29%
7
29%"
52 V;
*146:
■
--as*'...
29%
29 ?
,
"•7
148%;
*144%
89
40%
7 *28%
v
653/4
48
:
8i%
;|7
31%
5
109% Dec
6%'Jan
preferred***-*———-—100
963A
18%
67%
:
65 Vas
:
179%'
,; ji 79.
y-:48'*7
160V4
7160
;'7: 40% ■41%
7 165
29%;'
28%
*22%
-
*
ri.7'
48
;'
6%
;
943/4
31»/a
42 34
42 vr
42'A
40%
64
764^:7;
179 %
48
-
Amer
470
%'7
103%
29%
29 Va"
'■
7
179%
•
7
40%.:."; ,7.; 40%
40 Va
i
36%
28%
Amer
3,900
18 Va
36
36%
97%
185
38
•
36%
*28% 729%-77;
40 7 40%
6,000
140%
18 Va
104 V»
98
":-7/97?7-:.
37%
97
'
*35
? •¥.
fv:
96
•7
7
7 / 64
V2
165
*160 '
7
'
j'T
40%,;;
29%";
27%
96% 7 96%7 7
36 Va
96% t'
35%
* 28 V4
27%' 7 28
;v
Amer
96%
32%
30
6.500
14%
185
♦181,
185
37 Va
14%
18%' 719%
•
18%
"18
*182
185
7%
13%
,;797.-.- 798777
97%
94%
,
1,700
7103%
104%
103%
105
117 V4
82%
v
Jan
7 557/a Oct
70
9
—No par
140%
•: >
37 Va
'
50
conv
39,200
81%
14
13 Va
13%
12%
18%
17%
*181
27% '•28
39%
94
83"
81%
101%
■
91%
:*
185
■
r:
12%
Va
/'. 101%
:7:
91%
17%
*181
...
'84%
7 12
100
99%
91V4
ft".
77
83
fi'r'
.
.
preferred
American Locomotive
5%
42%
"37%
7:
141
141
81%
80%
'
preferred ****—*—*>'>-100
Mach & F-iy Co——No par
Mach. &. Metai3—No par
Metals Co Ltd
No par
19
18%
v\
of .111^.**«**-1
American Invest Co
<30
51
117
38%
37%
737%
37%*/';
13%
42%
119
*117
142
142
141" 7?
141
142
*141
'
98%
;
•
37
-
Amer
4,300
1,900
15,-":':
13%
7 77
-
—u—No par
preferred—
*00
Internal Corp*—*««No par
6 % non-cum>
51
43 Va
}
'
;
Jan
73/4
38% Jan 24
' 5
Jan - 3
47
Mar 1
68Va Jan •; 2
Ice
American
'
42Va
'"r?'fA vVtLL*i
%'«'•'
5,800
13%;
100%
14%
-
50 Va
18%
18
:
35%
."'35%
35Va:77
13 1
147/a
50%
39
37%
37 ' '
17%'
17%
17%
'
84
83 V*
%
■
7
4
*99%
;7
■6% conv preferred
50
American Home Products——-l
1,300
Apr
31% Jan
77 45% Dec
23 Va July
60
20% Jan
91 Mar
Leather-7-;—1 7
American Hide &
10,700
,100
..
Lines Inc
Export
:
5,700
:
57
•993/a
13% 7 13 %
118%
42,300
109
13%
14%
2,700
IOV4
'
*55%
14%
100%
118%
':
:
36%
-
37
36%%;
17%
.
10 Va
/'
No .par
—I
Amer & Foreign Power*—No par
S7- preferred,
—No par
87 2d preferred A-——
No par
$6 preferred—
——No par
American Hawaiian S3 Co———10
1,000
54%
100%
131 '".7 'i 13:77
51
*50%
42% " 43%
119
*118%
,
'
36%
.
42%
54%
X109 -.
12%
-
7
1st
•6 %
>34,400
8%
'
13%
:
109 V4
;
10'A
;
Crystal Sugar
American
290
9,900
9%
109 y4
109
•'
36%' 73T%7
-77
54%
108
109
-143/8"
•
51
40'A
40%
39 Va
*
'
39%
1173A
7*55%
58%
'
799%
..',"*12 3/4 .13%
*50%
117%
7
109%
10
10%
13
•?
14%
13%
^39V4
8%
American
:
'• 37
s
-54 Va
"55%
7106%
'■
100%
•
*
.<■7
-
*118 %
-
13%
51
*50%
735
*109
54Va
106 %
.
13%
13
"106 %
Amer European Sees—
5,300
lt7%
1163A
35% 7 35%
.
-
"12%
7 *99%
1,300
40%
8%
10 Va
12%
4,700
19%
39%
7%
*55 V2
*50%
13% :
"13%
38%
'
,
;
"99% 100%;..
,
:
.
10 Va
*55
57
12 Va
:
12%
%;
38
58%
9Va
•9%
•
1.04% 105%
106 Va
"105%
9%
.
•"54 %
55 V4
■;
9%
7 19%
9%
109V4 -109%
35%
108% .109"
54%
53%
109'
53%
7773,400
27%,
Dec
10
10
18 V$
preferred*--*—,105 Va
Amer Distilling Co stamped—20
30 V4
American hncaustle Tiling
—1
3%
7-
19%
7%
7% ;
116% "116%
'
9%.:
55%.
9%
5'
34%
107 ;
26
May
40
Dec
110% July
18
Jan 22
Apr .26
Jan 24
Jan
10% Jan
27
Jan
2 Va Jan
96 ' Jan:
106%
26
3
Dec
-
19
69.;.,;Dec;
preferred——---—A-50
4%%
19
4
Jun
-
7
75
*717.:
,
116%"
114
.
'
55
9%
19%
38%
7%
'
34
'".108 Va
51%
51%
37%-
1'14
33%
109
"108
*37%
3,900
:
54%
53 Va
19 %
-
7.7%
__
106%
7 9%
9%
718%
690
29 V*
■7
7.267;
106%
25
24%
250
154%
283A
7 74
*70
5,100
7
.
151%
29%
-29
900
7
82
Dec
41% Dec
......
8,600
152
*149
,
Dec
423/4 NOV
Jan
Mar
16
100
*
Dec
4Vt
"■•7
Jan
'
28%
'
•7.80
128
Oct 17
Amer Cable & Radio Corp
~1 \
10% Aug 21
American;Can7*****,*i^A-****-25:;.::;.-89%i Feb 15
Preferred
,*.. .**-.-*100
; 183%. Jan 7.5
American Car & Fdy**..—^No par
39
Jan
non-cum
preferred
100
96
Jan
Am Chain 61 Cable Incw-«-*No par
.
27. Jan
6% conv preferred**—-—*-100
110
Jan
American Chicle—*
No par
112% Mar
American Colortype Co
10
13% Jan
450
.
.
Co
2
v
4
Dec
July
July
24%
Apr
237/a Dec
69V2 Jan 30
1 ,.7715% Aug 21
No par7 7x41
Mar 21
Corp
preferred
5%%
6,500
<
40%
39%
150
54%
9%
18%
7%
7
149
150
53
7.55%".
8%
7 37
.
123
7106Vt 106 Va
106%
.
7 122%
40%
149
:
:
203A Jan
__*50-
*:
Bosch
Brake Shoe
Am
31,200
v
199 Va
198
.
24%
25 ?/:
'.
18%
'
>
74 7'
r.
20
16
122 Va
149
8%
7
"113
113 W
33%
113%
•
."'?" 37
7
•
2, AJ
104
preferred
6%
American
2
.*,*-10
Note
Bana
.can
•u
7^.4,*;"
3
67
7,40
28% *29%"
743/4
*71 1
Va1'
15%
102%
>'
66%
;
4,900
,7
135
135
1-2?.%
'
7
25,800
53%
66%
149%
.
18%
8% v7
*18
19%
"36 V4
71
'
.
53%
-e
4,800
7 .i77
7/7
28%
65 V*
740%;
40
148
146
27%
106
66
.407.7
146%:
:
*145
196%
122%
144%
r39
39
144
.26%
106 :
;
65 %
"- 145 '7
143
15%
100 Va
197
79
26%
134%
16'A
103 7
196%
134%
101%
122%
,
'
121%
39
.145
143
"142:
%
197
"
145
145
7
16
63 '
- a
121 Va
\v
7/
39
38%
62
•/
■
135
16.7
199%.
199
197%
62
"120
*134%
7
7100%
99%
98 %
99%
"99
54
40
*78
'
-54
-
'
•
.39%
.
26
53 Va
1,600
86
1
779
25%
26%
1,500
;
■
42 Vt 7.
85
40'A
'
*78
151%
700
'
42»a
85%
40
.
53%
15%
15
15 %
15 Va
197%
79
24%
21%
"501
"134 %
41,?
79
22
22
I
40
V
70
7; 151%
■
1.900
7
173/8
7
7118
Apr
105
Sep 28
Dec
4
40%
Apr
33%
•
Dec 11
140
22% D«y
14% Jan
11
56 V8 Dec
38% Jan7;2
conv
share
$ per
I. per share
48 Va Dec 27
104 Va Dec 29
„
preferred.*
—-—100 7113% Jan
2
35 ,?•'.
Alpha Portland Com
No par
23
Jan 10
11%
Amaigam Leather Co' Inc**--—-** 1'; '' 7"' 3% Jan
6
71
6 %conv preferred
50
43% May 14
16 L
Amerada
Petroleum Corp
No par
103
Aug 21
43
Am*?
Agricultural Chemical.No par
28
Jan 24
77 94%
American Airlines
—*—5
• 42% Jan 24
4^
23,400
11% t
preferred——-—^—;---—100
Aiin>-cuturners
-800
Jr
Highest"
20 Vs Jan ,24
102% Dec 14
Highest
:: Lowest
S per share
t per share
v.
Corp————No va*
Stores
4%
14,800
,
,7
'
33 Va
70 -;7"
7
42%
84%
86%
7, 84%
'
11%
77
153%
41 Va
42%
.
25
h:
.
70%
152
153
42
81
*79
67
*63
.70 :•'■:
t
142
7 33 .7
11% 7
151%
39
36%
38
.
33%
.,117-
41%
83 'A 7 84 Va
83%
82%
•
7:33%
11 Va
152
41%
41%
41
41%:'
32%
10%
v
.7
70; 7
.*64
"148
7 32%
32%
32%
■
142
138
138
57 Va
56%
Aiifed
22,000
7:7 1.100*;
.
105 V4
*1043/4
7
56% t.;
77
52
50%
.
104%
55%
7 135
135
50% :
49%
104 Va
55%"'
53%
132
132
31%
31%
31%
31 Va-
135
*131
135
"131
50%
105 Va
*104%
7 t
Par
Year 1944
Year 1945
Ranye for
Lowest
'
ShareJ
per share
Range for Previous
u?-
.'
1
J per share
share
per
50
;;
104% 7
54 Va
52%
i.;. 7
53
.:
50
48
104%
104%
52%
52%
52 Va
$
the Week
Jan. 11
7';
Jan. 1(1
-
48
47 Va
104%
;•/'
,
<;(7:7
Jan. 9
.
share
J per
share
J per
share
Wednesday
,
Jan. 8
Jan. 7
Jan. 5
I per
Tuesday
Monday
gahrrday
STOCKS
-
;!777''7.7:NSW: YORK STOCK
:.777; ,:7• EXCHANGE7
Sales for
Frl«»y777i
IhandaT
Monday, January 14, 1946
CHRONICLE
COMMERCIAL ft FINANCIAL
THE
Jan
8
Dec
7
B
33%
25%
25%
26 Va
26%
27%
40 Yt
41
43%
42'A
437/a
42 3/4
V4
24%
24%
40
433/4 71
25 '"7:77
42 V*
433/8
24%
25
24%
24%
23
23
23%
24%
24%
77%
77%
77%
:
77%
77
77
76
77
48%
49 %
493/4
-49%
47%
48 %
53%
217,8
40
42
53%
53%
49
40
48%
41%
*39%
53%
53%
22 Va
22%
-
'
42
22%
22%
227/a
22%-
21%
21%
213A
21%
41
42 Va
43%
43%
58
58
58%
58
58
*106'% 107'%
''
106 Va
For footnotes see
107 Va
page
207.
5106 %
53
22% 723%
107%
22 Va
44
22%
44
27
7
7
6,500
4 %
7; ;:i 76%
!v:
49
77%
410
77%
7
'•
49% r
•
40 Va
48%
':•> :
7
3,400
•
41%
500
42
42
41%
"
r
*53
23
,
54
54%
60
22 34
23%
11,200
22%
22%
*53
V3 •:""
23%
'
22%
;■■■ 44
58%
593/4
59%
706%
107%
106%
22%
:
*43
44
60
106%
*
;
4.800
61
106%
8,600
?■&' 1,800
/'744
60
106 Va
Aug
Bangor
-;
20
f
Conv
Barber
24% Jan
100
11/a Jan
>-100 ; .19/2 Jan
& Aroostook
——00
i^ /a Mar
5% preferred
100
66. Aug
Asphalt Corp
.——10 ; 29/4 Jan
Brothers
No par
17/a Dec
preferred**————50
• 52/a Jan
Barker
4%%
Barnsdall
Bath
.
preferred
"
43
53
41
21
47
*41%
53%
-
Works—-—-13:
Baltimore & Ohio
18,900
43%
27% S 28
34%
85,900
28%
42
35
25 '/a
35%
28%
27 V*
35%
33%
35%
Baldwin
35
'
Locomotive
29,200
:
:7;7
35%
34
34 Va
35
Oil
Co—
Iron Works
Corp
Bayuk Cigars Inc
Beatrice
$4.25
Creamery
preferred
.—
—6
16 /f
1 7,.
No par
tz 2
25
36
No par X106
9
22
31
35% Dec 10
133/4
Dec
•44% Nov 27
Jan
23%
Dec
9j/4
Jan
14%
Dec
68%
Dec
Jun
21
2.7
81
Dec
4
52% Dec 71
42
Dec 13
54
Dec
25
Feb 28
Jan
19
Jan
23
Dec
7
24% Dec
7 47
4
Nov 20
58% Dec 26
110
Jan
60
Jan
7.21%
Apr
12
Jan
14%
Sep
20
4
2
Aug 17
Dec
Jan
23
3
26%
Apr
5%
9%
31
7
18
26
28% Jun
11
;
23%
18
Dec
July
18% Mar
143/4 Aug
19%
Dec
25 Va
Feb
34 %
Nov
31
Jan
38
Dec
Jun
111
Oct
105%
i
.Volume 163
Number 4455
THE COMMERCIAL & FINANCIAL CHRONICLE
•
<
NEW YORK STOCK
LOW
fatiirdiiy
>
15
*
*127 v-i 132
ft
*21%
26
:>>"
26
'15%
*40
41
127
*125
V:
21%
25%
25%
29%
29%
*108'/a 109
>53
53%
r 28%
28%
31%
31%.
ft 26%
26%
29%
-
>
,
130
■
26%
'30V4
.
30%
*108% 110
'
22%
26%
22
109
:
>> 54%
:• 55 :>■>:,
53.
*110
(>:
;."'x27%
•>
-
.31% ■:
I
<112
22
31%
3
-55%
55%
:
56%
28%
28%-
32%-
32%
34%
35%
36%
26'/2
26%
27%
26%"'- 27%
93%
94%
150%
98%
101%
150%
151'/a
>
.28% >
28%
26%
150%
31%
69%
69%
>
34
95
*
28
28%
v
-
28%
•
37
29 VI
'
97%
99%
101%
100%
.151%
■
i
152%
151%
*29
»*>q
40 "
29%
69
105%
66'/a
>>:;*44%>
m
67
'
-
*109 >2
?
31%
30
112%
44%
»
45
50
.39%
38
185
*107
•
45
*183
45
30%
>
67%
39%
-
67% -67%
49
50%
50%
51%
52%
-62—
52%-,
9% >10%
>:• 57
59
51%
10
10%
5fl%> 56%
56%
56%
33%:
33%
33%
34
.
> ■-•'9%
>> 9%">
-
49'A
*57
'50%
59
,
190 >
'>.: 49%
-
:■•.
52%
-53%
>>>. 9%
>>'• *72
<
*72
8016%' 17%
48
48%
*54
55
*35
36
*il&
112'
80
"ft
33%
*58%
■.
*65.
*
16%
17%r
47% >.48v'f
*33%
36
55
>
;
36
112
i
; *110
>:;>■:• 33 r':>: 33%
74 #■:
*71%
59
:>S38i>
*110
34%
18%
122
23%
73 Va
74
*122
124
23%
23%
24
93% ' 94%
22%
23%
!
23%
34
32%
32
32
38%
38%
38%
\ 40%
38%
42
41%
42%
41%
42%
39%
38%
41%
41%
42
*107,
18%
*106
108%
;
24%
:r34>>>-
38%
•>•
>•
43
108%
108%
18%
18%
18%
18%
19%
>13%
13%:
13%
'13%
19%
13%
*90
91
*90
91
79
79
25%
91
.89%
25%
26%
*108
111
90%
26%
108
.
>6% / 6%
*24%
25%.
*99% 100
>
34
"•
$5
(EG)
Budd
Buffalo
41%
14%
91j/2
;
27% > 29-
90%
91% ft
90
27%
27
29
-3434'
ft
>
i->-
6%
39%
39
39%
55%
>54
54%
54%
3%
3%
3%
3%
8%
8%
8%
31%
31%
31%
3%
:>
43
'128
43%
43%
'
*128
130
*54
M
8%
31%*
31%
44
44%
55%
32%
44%
8%
m
'
'
56
*128
*54
>
21%
65%
65%
•17%
18%
56
17%
17%
IS
18%
56%
v
126%
'
*55%
128
127
*127 >
?r
29%
29 Va
29%
29%
'
30%
30%
74
;
76
> 73
:
55
73
73%:
*73
73%
8%
44
44
*175
•66
158
22%
...
22%
22%
61%
;
23
21
21
20%
21
20%
28 %
12%
12%
14%
.
30
*48%
„
111%
111%
106
.
20%
*20
55 %
13 V*
13
22%
23%
10%
11%
18%
39
30%
*29 ■>"
48%
48%
48%
>48%
16%
*115% 119%
15%
15%
116
116
39;!
30
30
51
113
108
113
*112
110
*20
-
32%
32
20%
14%
24 Va
20%
56%
.13%
24%
12% >12%
30%
.
—
30 Va
V
31%
»
42%
42 Yi
".■••>64 a
64
64
'
*24%
20
13%
13%
132
;
h
132%
112%
*111
52%
29
23
ft;
105
»
23
ft-
105
112
*58%
59%
109%'
38%
53%
*151
101
59
*57
58
58
67%
24
67%
24%
21%
22
.
20%
,
>13%
'
42
134%
ft
41%
20%
%
43%
137%
137
139%
138
112%
*112
112%
*112
54 > •>
54
54%
29% ft ft
28%
29%
29%
29%
72%
72%
72%
72%
74
*200
>
230
*103
112
59
*107%
*99 Va
*57
22%
69
*200
54%
53%
153%
6i
*99 %
*57
55%, ft
page
;>
*107%
39%
'
67
'
ft
45
67,v
24%
-
ft
Cab
East
A
111
St
139%
113
*112
54
54%,
29%,
29%
74%
J 76"
*105
24
107
53%
:
23%
23% ft
69%
City
Ice
City
68%
69
Clark
*112
61
-
101
59
>.
39%
59
58
'154
■>
113%
ft>
113%
63
109%:
^
101
*57
'■ 155
108
113%
63
*107
*100
38%
230
*103
108
*200
r
ft *57%
40
40
40%
ft-58% >59
59
155
108
64%
64%':'
107% 109%
looir lOOvi—
59
39%
230
*103
59
112%
64'/a
P
Y4
*99y»
-
•
100%
20
*57
40
ft
5%
58
155 >••>■ '. *154
59
fti
33.800
40%
ft58%:»
155
s,
•
6,300
20
Jan
14
'
Jan
129
116
NOV 28
Deo
Dec
47%
Jan
Jan
77%
Deo
247/a Deo
27
11%
Jun
19
7%
17
Apr
37% Oct
Jan
22 Va
Deo
39 Va Dec
10
16%
Sep
ft 42% Dec
31
12 y8
Jan
-
_
"39% Dec
13
111% Dec
i 20% Deo
4
2
20% Dec
10
15 Va Nov
15
Jan
Jun
4
Jan
Nov
14
54
Jan
83
81
>
6
87
16%
30
95
59 % Mar 27
.
July
5
Sep
Nov
13
43 Va
Apr
70%
Deo
1
8%
Jan
15%
Deo
3%
July
27% Dec
110
Oct
22
10
Deo 10
28
101% Feb
22% Mar 26
9%
Deo
Deo
16
7 Va Dec
Aug 21
52
2%
Apr
17%
Deo
Jan
96
Deo
20
Nov 28
Apr
12 Va
67 Va
28
39
3
Order
w
2
Apr
25
Sep
Jan
&
56
-
■ft 30% July
57
6i:
72
Nov
17 ft
Dec
5
Oct
2
33% Jan
29
59% Aug
35%
Jan
13
47%
'
12% July
Feb
51% July
11% Deo
97
54%
Jan
47% Jan 22
37Va Jan 15
104% May 15
127
Jan ft 2
v
July
Jan
Dec
129 Va Nov
Jan
ft; U ;
5
17
Jan
5
19
19% July
Nov
23
2
Jan
15%
2% Jan
10% Apr
Itr'jln
16
13
25
"21% Mar28
28 Va Jan ft
7%
ft
33
55
Oct
26
Dec
7
19
107% Dec
27
,14% Jan
5
47% Mar 27
.
•ft 58% Oct
17>
ft
12% Jun
18ft
ft
26
•ft
34 V4 Jun; 18
ft
par
6% Mar 26
15% Jan
22
.112
ft 22
5% Jan 22
30
33
66% Oct
24
74
Jan
No par
54
46%
11
Feb
July
>14%
*»' 44 •;•. Apr:.
5% Sep
ft 11%
Dec
9% Mar
Jan
4%
Deo
50%
>
Jan
18
18% Mar
7% Mar
Jan ft
25% Mar
Apr,
65 Va
July
Feb
21%
Deo
16%
Jan
59% Oct
ft
38% Jan
21% July
49% Nov
64
27
Dec
28
15
30% Nov
Dec. 28
47
Jam
Dec. 28
13
Jan
Dec
17 Va
30
15
Dec. 26
48
Nov
28
24
140% Dec
6
77%
Aug 28
40%
57
v
5
Nov
19% July
147/a May
1% Jan
2
91% Jan: 24
Jan
Sep
;
2
Deo
27%
15%
;X^3
4% Jan
31%
43%
4
29% Jan
23. '; Jan.:
21%
3
ft
Deo
■>
26
4
Jan
23
27
Jan
16
Nov
17% Apr;
Nov
.ft 15% Jan
par
10
18
134
ft
37% Dec. 10
2
3
Jun.18
Jun
ft Dec 31
27
19% Jan
ft 49
Jan
14
Deo
Jan
9
14
66
3
par
37%
Dec
4
-—No par
12%
Feb
49% Jun
25% Jan 22
54
-
Dec
12% Jun
24
Jan
> 24% Oct
22
Jan
4% Apr
87
May
3
18
Jan
Mar
28% Nov
30%
Nov
41
5
5
Sep
>15
ft'
3
108% Oct
par
114
8% Apr.
20% Apr
Mar 26
Jun
July
4% July
11% Nov 23
109% Jan
8
Jun
6%
May
Feb
Oct
July
98%
Jun
50 %
July
July
series—100
—No par
Fuelft-
No
42% Jan
-
par
No par ft
100
••♦''l-C
Feb
2
ft
58
2
20% Jan
30 •"•>' Dec
11
14%
Jan
25 Va
2
68% Dec
31
25%
Nov
31%
Jun
19
95
Nov
96 Va
Oct
Jan
10%
Jan
31
Jan
98
Jan V 2
105
9% Jan 27
5
pfd
54
40%
106
20'/aApr
4% Jan
ft 15V2 Jan.
:
Oct
Mar
18% Jan
8
par
5%
39
2
Nov
No
Deo
152% Deo
Jun
113
Dec
ft 65
Apr
96%
Deo
22%
14% Jan
23 ft
pfd 47o
ft 31%
Deo
33%
33
Apr ft
143% July
44% Jan
25
Nov 28''
6%
;
>
ft
;
\
■
Deo
-4 >
No par
100
49
Jan
2
Feb
51
170
Feb
20
205
Dec 29
148
Jan
185
Jun
100
89
Jan
28
105
May 15
76
Jan
90
Jun
115
Oct
No par ft
(The)
1
109% Jan
2
72 Va Dec
10
17
35%
110
37%
Nov
Deo
115%
Jan
45%
Jun
gtd
Co
———
22
68% Nov
3
106% Nov
1
110 Va Apr
16
106
Mar
109
Jan
50
93% Jan
Jun
96
Aug
50
1%
Special gtd 4% stock
Clima* Molybdenum—
Jan
100
preferred
53 %
No par
:
No par
100
44
Apr
3
100
Jun
30
92
Jan
17
59
Nov
28
52% Mar
34% Jan
2
41% Sep
3
35"% Jan
5
ft 53% Oct
16
140
Apr
,
9
155
Dec
17
20% May
34% Apr
145
Feb
53% Oct
38 Va Mar
:
39 %
152
:
Dec
119
27% Jun;
ft 17% Nov
3
108
Oil
Dec
Jan
56 % Nov ft
4
Jan
24
No
Deo
Apr
>43% Jan,
26
152
July
6%
2
35% Jan
ft
Dec
21 Va
8%
9
5% Jan
Jun
7%
42%
i
Nov 26
Dec
Nov
1%
>
v
12
Dec
20% Dec
Jan 22
3
Equipment
Preferred
>■
24
No
Cluett Peai»Ddy &
Jan
23% Feb
Mar 26
21
Feb
%
9
2
32
Jan
53%
13
Mar 26
116% Jan
24%
ft
••
6
May
15% Jan
128 % Dec
i
4
Jan
Co
;
Corn—
5
45% Oct
10% Jan 23
48% Jan
2
11
Jan
5
52
17
Dec
32% NOV
Jan 24
113% Feb
8
47
8
Apr
ft 9Va NOV 28
ft 31
>'
Dec
4
>
>6% Apr 4
'20
Mar 26
i—No par
pxeierrea
Cotton
43
56
% Sep 26
Jan
100
Clev & Pitts RR Co
-
ftftft
8%
% July
19
7
wi
Clev Graph Bronze Co
1,000.
20
-
*154
64Vi.
107 Va
Dec
10
128 ;
105% July 26
3% Jan
2
—No par /;
—100
vtc—
Clev El Ilium $4.50
140
112%
107'/a
Dec
25%
20% Dec
77% Aug 23
40
C. O. C. & St. Louis Ry. Co.
5% preferred
ft ft
49%
Jan
10% Jan 22
ft-ft
preferred
Stores
24
22
Jan
17%
Oct
33
;—25
5%%
>23%
Jan
39%
16
97
No par
No
Co^
'City Investing Co
ft
14%
17
Nov
77 % Dec
40
12 %
No par
s
C1T Financial Corp-
v
>>-"
107 '
107
,
54%
21
13% Jan
100
Copper Co
Chrysler
30
74%
Dec
Oct
Jan
100
preferred.-
Cinn G & E Co
113
12% July
44% Aug
50
July
5%
105
—«
—No
RR
PI
Mall
oonv
Chile
53
Jan
26
1
Mfg.—:—
A—ft,
tChilds Co
14%
44%
137% 139% ft
Feb
6%
25% Dec
14% Jan
ft—1 ft
pf ($2.50) cum div
Chicago Yellow Cab—
r
40%
Oct
21% Aug
Nov 21
35 Va Nov
Aug 27
20% Apr
6
No par
preferred
Chlckasha
44'/a
36
2
18% Jan
No pat
No par
Pr
22 Va
1S% Jan
7
59% Dec
112
30 Vt
100
Ry
Products—
preferred
#>.>
*22" '"-:
13%
>
*200
*103
109%
Jan
10
—ftft-ftft^.ftftft-ftulOO>;:
Chicago Pneumat Tool
59% ft
>
23%
:
69%
55%
*154
207.
>
!;
112
154
x23%
108
112
:
Series
Chicago
>
36%
.
74%
>:
107
ft 59%
29
'
„
230
*103
•':>•
59%
109%
36%
ft"
7
Dec
7% July
45
ft_w—
Chicago & Northwest'n
•
37% Dec
Jan
Deo
22% Jan
5
——ft.10:
rights.
v::
69
';>•■■;
101.
54%. >55%
*105
23%
112
59
38%
For footnotes see
v
-
106%
108
ft
39%
153
.ft, ft:
69
*104
'
;
13% >■ 14
43
52%
.
42%
>36%
,
13%
•
134%
*111%
112%
•66
112
*99'/a
56%
66 »;•'
25%
56%
64%
*24%
19%
104% 104% ft-'
22% >22%
;
*102
•107%
25
36
T,
72
230
*200
:
.
43
35%
29%
;
ft 69
*66
64%
45
•111
v
69%
•103%
*43
132%
52 %
29
:
13 % ,13%
45 •».
*43
>
•>'•> 25 '
:
19%
25
20
39%
58-
*56
45
"
35
Jan
13
21
ft—10 ft
Ohio
Foundry Co—
Mllw
5%
3%
37%
Jan
par ft
A—1
73%
72%
41% July
39
100
>» ft. 73'/8
41%;
34%
Jan
6
.1% Jan
Chic
-
Jan
34%
17
80
July 26
Jan
2
Oct
28%
3
18
9
117
Nov
10% Jun
!7>A Mar 28
Chicago Great West RR Co—.—50
5%- preferred--j_ft*^i—-ft—
71%
l55% May
11
59% Nov
15
27% Jan
12%
41
Jan
1
327/a
74
5% Apr
5
42'A Jan 24
par
50
31% >
72
34%
<»
Class
-
55
Dec
Jau
Oct
ft
12
•
45% Oct 23
5
35% Dec 28
>'
par
32 y8
41%
"32%
Sep
9
30%
;
31
40%
> 39%
\
Chic
Deo
65%
191
23% Jan 25
ft—25
class
Chesapeake Corp of Va
Chesapeake & Ohio Ry_
23%
72%
71
58
y4
71%
40%
70
*55Va
12%
>
;>■>
98
5
106
preferred -.——20
Checker
14%
72%
40
70%
34%
23
57%
72'A
40% ft.
69%
40%
24
.
20%
567/a
■ftftl4' '-ft
"
5%
$4.50
i ;
111
20%
57
30%
114
110%
86% Apr
46 Va
Jan
par
Chain Belt Co—ft*.—No par
Champion Pap 8s Fib CO
No par
'
51
'32%
70
34%
*112
'14%
|
33
?
13
27
—No
6% prior preferred
-
39%
*34%
*49%
32%
39%
>
'32%
ftft
Administration
Certain-teed
•
|
31%
69%
39%
-
32%
20%
56%
•14
23%
11%
118
51
>
*49 Va
55%
72%
118
110
31%
,
49%
16 %;
ft Dec
7
L.-100
ICent RR of New Jersey
Central- Violeta Sugar Co—
Century Ribbon Mills
Cerro de Pasco Copper
30%
'
49
ft 16%
114
108
108
71 Va
*29
ft
Jun
10
Central Hudson G & E Corp.No par
39%
52%
19% Dec
Dentra) IU Lt 4% % preferred—100 ft
19%
39'A
19% Nov
Jan
52% Nov
No par
Ry Co~:
Ry.
Pacific
Mills
Preferred
Central
13
Jun
45
37% Mar 27
40y4 Mar 27
Copper.—6
Co
.
12%
11
ft' 10% Mar 27
J—10
Central Agulrre Assoc
114
ft; 18%;
••15% • 16%
119% 119%
» *49
-
11%
12%
*112%
18%
39%
Vft 18%
'•'*•
28%
11%
v
49*
31 Vs.
39
ft
30%
47%
15
30%
31%
39 %
,-<
.
12%. 12%
112% 112%
..
-
18%
12%
ft;' 11
>30% >
•31%
70% >'71
30%
12%
38%
15 •>>,:>
24%;'
23 y*
20%
11%V v
30%
557/a
Va
12%
30%
28%
11%
30%
•»20% > 20%.
55 '/a
54%
21%
28 y4
11
Dec
3
17% Mar
$4.75 1st preferred--*—»-No par
7 & 2d preferred—--j—L——100
Celotex Corp___No par
24%
21%
Deo
Jan
47
—100 v
preferred
100
Celanese Corp of Amer
•
'
•
20
109
33% Apr
36% Apr
•
t—^.li f
Caterpillar Tractor—
157 J/a-
28 V*
X20%
38%
113
v
157%
11%
114
65%
108%
24%-
18%
50
*111 %
*103
64%
108%
25
38%
29%
*48%
106 >
X24%
*29%
116
29 Yb
50
24%
19
l47/a
14%
*112
112% 112%
*29%'
>
65%
47 Va
46%
47%
14%
•47
64%
Deo
14% Mar
93'/a Mar
67% Dec 27
8
>40% Dec
12% Mar 27
.1-—^4—100
,120
Jan 22
.No panft
10 Va Jan
ft—No pat
> 74% Jan
Cons
&
:>
VI ft
'
>
No
22%
8
10
109
3
>
Oct
Dec
78
19
lo
Jan
Deo
34% Dec
24% July 20
114
16
6
130
Dec
112
2
Feb
Carriers & General Corp
1
CasO (J I) Co_—-*--25
45 •>•».•. >••
75
> 21%
*112%
112%
•
32% Dec
42% Dec
52% Apr
par
1
ft 4%% preferred ———.j.—50 ft
176
75
38'/a
•29
>«
44%
Hecla
&
Common
9% ' ft"
20
23
49% Jan
V* -ft .ft'
Carpenter Steel
Carrier- Corp
73%
*175
156% 157%
5
.l6o •>
1
Carolina- Clinch
48 V*
74
*108%; 109%
20% Jan
18 Va Jan
X108% Mar 26
17'A Apr 24
95
$3 preferred A
129%'
175
27% v 28%
11%
12 - :
Capital
'
56
*
1.
Canadian
20 Vd
9%
45%
fti1'
Cannon
73%
30 V*
38%
3i
•
112%
18%
17%
39
39
*29
112
112
112%
45
175
♦,
67 %!
>*71%.
ft"''
9%
15
Feb
c
♦'Vtl
22%
29%'
1
2Va ■ft 2% ; v
:
Jan
No
Canada. Southern
'
115%
155
7%
_——-
29 Va
2%ft">
73
>73•
\9V*
55%'
2
10
Campbell W & C Fdy^
I
No par
Canada Dry Ginger Ale common—5
ft;ft $4.25 preferred
-No par
'>*•"
Jan
66% July
51%
i
-
'
20% July
Jan
25% Aug
ft_._l
preferred
Calumet
46%'
*128 %
48%
29%
-
2%
65%
21
11%
12% •12%
\
129
19%
56 M
48%
28%
•
73
24%
10%
>17%
■>
>
108% 108%
28%
10%
28%
11%
12% »
28%
107/e
12%
55%
129%
48
158 ft. 158
21
28%
112%
'. 55%
*128%
176
62%
63%
109%
158;
22%
23%
10%
•17 y*
-
<
76%
1 "9%
.45%
70%
*156%
28
>
45
69%
*108Va
108% 108%
158
158.
111 ..."
-
r
20%
2%
J
*175
176
\68ya
60% > 61
60%
60%
158
9
45%
176
68%
68
9%
44 y4
176
'
68
*108
44%
44%
♦175
176
.:
%
>>:
9
8%
9 Ye
9
33%'\
*66%
67%
'
*
.8%
-67 »A
*19%
32-
1%
•
-
J28
48%
47%
87A"
33 Va
Jan
56%
25 Va Dec
Callforhla Packing—-—No
ft'; 5 % preferredCallahan Zinc-Lead
3%;ft>
■
56%
X128
:
:>4-45%
46% "ft-1- ft 45%
"120% 128% •"*' % 128
*53%
55%
ft:*54<ft>
21%
22% ■"'""
"21%
128
>•*55%
47%
-•
c
33%>':<•<
.
55 Va
15%
10
2
Terminal
6%
13
98% Dec
13 Va Jan
...
—
3
28% Dec
par
.■•,•■•■
Mfg
28
Jan
;
Participating preferred
Byron Jackson Co
41%:
55 Va
'
P •ftv.3%:- ft-
9
8%
33 Va
>19% >20
129
*46% >:,48%>» >»47,'-;
47%
29%
57 '■>
56
J
127
47%
'
"
*53% ft 56
22
22%
66%
67%
21% U. 22%
65
-
33%
128
55%
3%
-3%
'.
:ft>:44%>45%
56
20%
65
*54%
8%:
32%
*
20%
55
3%
8%
■'
130
68
55%
3% ;
.■
*64
20%
'40%
» 40% > 41>'.;'•>>■•'■
•55f>
3%
>8%
130
*54
58
7>:46"->
Dec
7
Dec
16%
preferred__--»j«——100
Copper. & Zlno
i
6
Byers C6 (A M)
No par
k
39%
Dec
20%
Nov
30
35% Dec
37% Feb
Forge Co——_i.
'
♦54%
49%
Jan
63
4
Butte
V
35
Jan
17
6
22
7
—
101
•
34%
33%
Jan
10
:;ft; 4Vt%
28%
28'/8
15%
No par
Butler
: ■'
7
Apr
7
8
2
:
Bush Term Bldg 7%
Bros common
27%
111 ■>•■
101
'
35%
Bush
^
90
Va
*108
> v
100%
xlOOVa
90
10%
Dec
Dec
Burlington Mills Corp common
1
4% preferred ft;
L.100ift
Burroughs Adding Mach
No par V
14%
90
6%
-28%
-
14%
.
111
6%
"
100%
35"'-
,*>35
14%
27
*108
111
100
34
ft:
14%
90
13
35
109 Va Dec
Nov
—No par
Bulovi Watch Co; Inc.J-...-ft^^—L5 •.•:•
'
*107% 109%
20
>19%
'
20'
90
91%
27%
8%
*
»A
109%
19%
'
43
29% Nov
7
7
38
Bullard Co
46
2
July
Aug 22
5
Wheel_„_„
34%
45
13
72% Dec
RR
preferred
34%
45
*107%
20
,6%
'
43%
-
108%
91
83%
25%
111 '■•>:
♦108
•ft
90%
Budd
>'■42%'
41
13%
!$P3%>
94%
40%
%
Jan
2
j
Bucyruu-Erie Co
1% preferred
.24%' ,.25
39%
*105
108%
& Maine
Brown Shoe nn».ft
1
26
10%
2
100
Bruns-Balke-Collender—
1
94 '/a
38%
U
124
25%
95
22%
*30%
.
124
6
Jan
;;
'
25%
93%
23
•
24% Dec
Jan
■
111%.
76
76%
37% >37%
20%
20%
'
:
23%
94
94
35%
18%
19%
*123
124
18%
15
48
Brlggs & Strattoh_—_._
No «an
Brjstol-Myers Co New———_.U9.50
3%% preferred—i
100
Brooklyn Union Gas
No par<ft
>35%
35'
73%
.•^: 35<-.
34% >34%
>18%
18%
122
:
«7lVa
34%
1
36%
36%
•
Nov
127
Braniff Airways Inc
1_—
i_2.So
Brewing Corp. Of America
i.
15.
Bridgeport Brass Co
No par
Briggs Manufacturings
No par
50%
59
111%
-34% '
i
121
31
—
(assented) ^100
•: Bower Roller ROdrlng C0_—.j;
5
17% .18%
36
112
33%
Boston
:•' 78 ^:-
497/a
*56%
55
"
"
^
50%
v
Def
Jun
No
Borg-Warner Corp
'-.'f.
.
38
111%
23
common
6,500
500
34 <
33%
*70
17%
55
33%
,33%
>
80
,17%
46
.
>'•
;
Jan
7
Jan
No par
i
7,500
10%
27
Dec
No par
j
8,100
v
Dec
17
___8
4Va% preferred
Bordelv Co (The)__.
Dec
42
No par
No
>
*500
14%
65
-.^..100
Bond Stores Inc
Highest
$ per share
Jun
136
19% Jan
ft
No par
Co
Class B
•
7%
17
22% Aug 31
l
(Del)„
11
20
47% Jan
•
1
Foods
Bethlehem Steel
1% preferred
Boeing' Airplane Co
9,100
\
50%
V-
%
'
,___a
•;
17% Dec
share
per
Aug
103% Sep
No par
Bohn Aluminum & Biass
fion Ami Co class A
!
:
110
..
397/a
188
10
i
share
12 '/a Jan
—100
Bloomingdale Brothers
Blumenthal & Co preferred
.
l.ooo
9Q
Co.
per
12% May
18
Aug
i
preferred
$
Lowest
Jan
No par
Bliss & Laughlln Inc__L
19,400
;
109%
"39%
39% V
188
>
•183"
v
Howell
Blaw-Knox
680
.
35
114
:
Blgelow-Sanf Carp Inc
Black & Decker Mfg Co_
1,100
45
-30%
1
70 V
70
*107
•
45%
Va
l6%
;
■
188
ft
*109% 112%
•
109
*67
67%
39%
39%
185
56%
". 33
&
4JA %
Best
1,800
>
50
_„i.
share
per
Year 1944
Highest
ft 9% Apr 25
_20
Corp
Best & Co
17,200
32%
v>
44
-
I
S
1
Aviation.,
Beneficial Indus Loan__
1,600
36%
25
31%
> 31%
*
75 ;-«5
<:?
24%
>; 72% •■>•72% ;
73%
107 '
•67%
74 Va
> ' 36
40%'*
•'40'A
41
105%
67
:
35%
25
32%> 32%
112%
..>71%
"
74Vi
35%
'
'
185
ft... 9%
10
<56
40%
*109%
>31
70%
105%
37 '
*170
<
50
9%
68
*105
66%
36%
;>
45
ft ft. *49
69
66%
t
74%
24%;
•
':':
'..-
32%
31
30%
.
.
24%
'
37%
175
40%
112%
104%
104%
66%
37
"^9
*109%
>; 29%
73
34% >35
25
'
>.•'
•
30%
30. •/
112%
*67
105 y4
^173,
<
34%
24
1
29% > 30
V
.
30
*109%
>
72%
72
34
23%
.'ft
39
■
112%
*67
23
*29
*109%
>X7l"»
34
22%
30
>-29%
Bell
1,000
151%
Corp
Bendlx
13,600
6,800
25,200
27%
101%
par
RR
Aircraft
Range for Previona
Range for Year 1945 ~
Lowest
"■;'■•; ft
■■■.
Belding-Heminway
3,500
38%
'
W 26%
Creek
Bell
11,400
;
'
151 ,,'•.
151
70
34
22%
■
Beech-Nut Backing Co
40
56%
'
69%
22%
'
•
>13,100
2,500
112
•55%
_'' ■1
Aircraft
Beech
2,200
,
'
*150% 151
*33% '
Beech
> 100
300"
>:•
27%
*110
ftft. < >,;■• ;>•
14,200
>•
130
21%
29%
31%
•
*127
26%
28
32
26%
94%'
93%
28%
-
110
109
•
17 y8
22%
■
Shares
41%
130
21%
32
28
31%
STOCKS
NEW YORK STOCK
EXCHANGE
.
53%
52%
•
'
>130
22% >
-
16%
>*40%
.
2.7 :
29
>
31% "31%
31'A '
>:>
*108%
i6%
16%
• »41
'>'•>
128%
128%
'
v>
the Week
J per sharif
-*40
40 •••>•'••
40
..
I per sharf
;
*16%
15%
>;>
22"
'
# per share
;
16
42
127v
*21%
22
Sales for
Jan.II
RECORD
''ftftft'
.ft' ft ft''
"
S per share
15%V 15%
*40
Friday
Jan.10
Jan. 9
.
•
■ft» 39% • 40%
Thursday
Wednesday
■>
>< Jan. 8
ft 4 per, share
I per share
15>
>>,"'•
.Jan. 7
PRICES
SALE
Tuesday
Monday
Jan. 5
HIGH
AND
July
July
■>
'
I
RECORD
NEW: YORK STOCK
LOW
VJetBriAf'''
Monday1
Jan. 5
Jan. 7
|
■
181
*178
f per share
*177
181
631/2
64 'A
,
v
633A
633/4
*1185
—
'' 46
47'
*106
107
48
48
*113
115
*
46'/a
453%
*107
*106
:
48%
48%
115
*113
.
16 3A
.
-
377a
38
35
,
35
*423/4
,
167a
373/4
*38
*35
17
38%
*373/4
44
44
*105%
383/4
263%
*523/2
47
1153/4
237a.
27a
124%
45'A
*42%
»
.
*18%'
4
44
.
31%
,
32
,
'
31%
„
36
36
I
433%
.
44
„
112%
112%
37
14%
*107%
44y8
*110%
157a
147a
14%
*107% 1097a
46
457a
16
'
54
18%
,
.
387a
42
*40
'
17%'
52%
23%
39
413/4
42 »/a
26%
27%,
55
55
17%
19
*52'%
53
55
,
17%
17'%
*1073/2
657a
199
11%
67a
11%
67a
11%
67a
107%
.
107%
65'%
65
65%
65%
t
,
200
*196%
247a
643%
37%
/
199'% 200
199 v
117a
67a
11'/A
113/a
40
.
67a
6s/a
.
.
.
.
.
•51'A
52-
'52 a- i
29%: 30%
:
v-„
52.
-
52
52
30%
30%
.
46%
-
.
~
.
.
,
.
'
*
r
■
,
A
109
*118'A 121%
-
110%
*110% 111; :
£.: 43%
142 --t 42
r
,
,41
43
26%
; 27%:
27 ye "
26% > 27
165:
160 ^
160. t- > *1483
165: v/
46 'A
f46" : 46%
/ .« 46'
46/-.
101
*100
; loi
v
.*100-3/4 101.
.35 ;v
35.
35 ..
v
35.3/2 , 35%;,
*106%
*106'A; 106 3A
•. *106.1/4
108. ; .
54%
52 f
56 - f :?■ w * 52 Vz • 54 Vz >
22
211/2' 21%
21% , 21%
145;
•143
145
7
- 143%
145 ,
73'/a
- 747a743/2 ' /V *74',743/2,-.
7%
7%
7%
.
,
73/4
7.7a
277a
'27 ^
r27%-27
27%
> *i25»/a
*125% 130
i
*126
130
36 3 8
357a
36
36
361/2
*110% 111
'
;
,109:
108
108
*118'/4 1193/4
•: *118'A 1193/2
45
45
r / -r45ya
.453/4
-
-
•
:i
30%
,30%
;
^
1087a
*1073/4
;7
11
397a
40
2774
277a
281/2
*52%
/
53
49
50'/4
117
'50%
/
118
1
■
;
53
118
24%
3%
247a
33/2
1241/a
1247a
1241/2
1241/a
357a
X34%
353/a
453%
451/2
24%
,
67a
7'/a
46
*111
,
44
33'%
38
45 Vz
113
40
15%
109%
463/4
351/4
10874
'
'
44'A
397a
155/a
153/4
1091/2
'1083/a
46%
47%
;
113
*112
.
163/a
16%
203/8 21
40% ' 4Q7a
44 3/« 44%
.7 27% 27%'
*55
55%
193/4 193/2
*52% 53
f
24'% 25
647a 653/8
38% 38'%
108
108 i
65'% 66'%
200
200%
38'/a
387a
*1071/2
108'/2
67
66%
204
*200
11%
117a
674
>
113%
393/4
16%
55%
11%
45
1123/4
.113
16
55%
187a
193%
53
53
24%
25'%
64'%
65
3774 38%
.108% 108'/a
65
653/4
*200
205
11'/a
11%
6%
7y$
7%
341/2
1083/4
19'/2
44 Va
1123/4
40
15%
109%
,43%
67a,
V
35
19%
433/4
32'/a
*36%
V
36
433/4
.
108 7a
108'/a
50
47
36
441/2
'34%
33/4
•
353/4
35%
433/4
i
253/2
3%
;
7
6%
7
,
11 Vz
..
39%
41
40
*107%' 107% '3k:* 107%?110 .'A.: f *10774 110
r
33'%
33%
32
32
i
32%
33%
-s-.
.38%
38% V
*3778 ; 38%
0
*37%
38'/a
4
561%
58
■> 56 /
-56%
563/4.. 57%
40
40
■
106 ya
*105
40
49»/2
37
1097a 1097a
397a
117
37%
10%
7
.
106'/2
27'/2
*
36%
631/2
36%
36%
\ *107'/a 108'A
IO8I/2
65%
63%
.
23%
11
39
'
45'/a / 451/2
45 :••
45
■
110
*52'%
28%
553/4
27%
*55
-
63
10%
187a
r
37 v1-
-
.
1097a
20
213/a
393/2.. 407$
43
44»A
„.
36%
,
38%
;
64
35%
;
55%
20
'
45
16% /163/4
553/4
56«A
16%
187a
45%
443/4
457a
*111
113
113
157a
52'/a
53
r 2323% '-23%:;
*52'A
; 62%
■
*111
.
*1073/4
457a
44
55
26
*54
V171/4
1127a
38
*39
14%
143/4
*107% 1097a
187a
39
41'A
267a
*40
543A
37%
44%
113
393%
143/4
112 3/4
543A
38%
27%
26%
37
47
43%
18%
.
*54
33
54
.
187a
38%
-
,
,
ill
16
55
.111
36
447a
112%
373/8
147*
1097a
46'A
113
157a
112%
.
327a
365/a
'
19%
44'A
33»/a
38
4678
IIS1/,
393/4
151/4
1097,
46%t
19
433/4
317a
32
36
44
38
*37
v
,
43%
183/,
373/4
451%
1083% 1083%
,
183/4
44
37
433%
44
»
108% 1083/a
,,
18'/a
43%.
*371/2
38'/a
36%
433/2
7
343/4
34»A :'7V
•
393%
38 »/2
47%
3674
63/4
63/a
333A
*45%
35%
43JA
*42%
38%
347a
42%
67a
343/4
,
541/2
18%
*105
.
,
41%
40%
*10774 110
.
*1073/4
33
34
337a
38% 39
39
58% 59%
58'%'
„♦ 51%
52: »513/8V
40%
30%
•
v307a
108% 108'%
,
119
-
119
48%
49%
*110% 111%
46%
7.44% 46 •
27% '
' 27'/a
277e
165 ;
; *165
175 .
47'%
48
48
101
100
100
37%,^:; .-37% /38
1063/4
1063/4 10674
54% 1 ■
*53%
56
23% .
22% 23%;
145
•
145
145
74
743/4
743/4
473/4
V
111 t
-
;
778
8
'
273%
130
•
■
3G7/b
,
.
8
27%
28%
*125% 130
37
37M
•
♦107% 110 •
34
.343/i4
.
52
*30% "30%'
1073/4 :1083/4/
*118
119 .
; 48% . 49%
111% 1113/* .
44
44%/
27'% . .287a
*165
175
49
50
101
101
*37% ,.38
*1063/4 107
56
56 v
22'/2 •22.%
145
145'%
74
74y«.
77a
8
28
28%
*125'A 130
:
31%
30%
10874
,10874
1193/2
120
i 49
49'A
112
112
431/4
175
*165
1453/2 Jail 29
.
25% Jan
497B
49 «/4
100
100
II 37%.
29%
107
*53'/a
105
;
28
58
;
7
23'/4
227a
146
,145
118
Davcga StoreA Corp;, N. Y,—1—A
Davison Chemical Corp (The)——i
Dayton Pow & Lt V/z%
Decca Records Inc^.—
25
137a
Detroit Edison
Detroit Hillsdale &
78
,41% i
41%
44%
44'A
30
30%
33
*43
r
'-:94 "
93 ?•
-
54
2574
263/4
26
:V
117
*113
113
30
28'A
26
27
184
'
115
131
/ 115
301/4
225
*222
1923/4
*63'/a
64 3/2
192%
.
*51
>52%
*108
109 3/a
36'/a
•111%
ll'/a
f0
36 '/a
111% !
11%
69
?13/,
213/a
6%
63%
2574
25
307a
1287a
131
w
1153/2
*114
21%
/117 ;
207a
116
/301/a
30%
223 :
223
1923%
19274
*63 'A
.52'/4
■108
:
36'A
28%
263/2.
27%
,277a
287a
94%
93'A94
95'/a
165'/a
*113%
30%
25% "27'%
28
28
/
191
132
132
*1293/2
132
129%
130
11474
*114
115
114
114
/, 22
21% ;22 :;
120 3/a
X33 '/a
c,
52'A
53
1091/2
*108
111 »/a
11174
*111%
ll'/a
,...11%
12
69'/2
71
21VA
21%
667s
;
231% 232
193
195
inc..—
——
Stainless Steel Corp—
Eastern
Eastman
6%
195
195
.
39 %
111 3/4
12%
:
Kodak
cum
Co———No
preferred
66'/2
693/4
Enton
547a
52
54%
Edison Bros Stores
109
3974
38%
*111 y8
111%
12'/8
12y4
74%
75
21%
22'/a
/: 6%
-
7%
1081/2
111%,
*111'/a
12
Ekco
39
Products Co—
preferred
Stop Nut Co,
3/2 %.
Elastic
12 3/a
•
4
Inc common.
preferred
43/4 %
1081/2
38 %
A
Manufacturing Co;.—.—
66 »/2
*108
No par
1st pfd——100
fcaaterh Airlinea
34 y6
•
:
Light 5%
Eagle-Plcher Co..——.———'
1193/4
232
$4.50 preferred
Duquesne
23%
223/4
118
*33
International
•754%
.541/2
109
;
1203/4
conv
66 '/2
f67
38%
—1————50c
preferred-!
100
1
Duplan Corp
No par
Du P de Nemours (E I) 6 Co.:—20
115
226
228 *
193
115
No par
—-No par
Industries
3%%
Duhhlll
131
*32% : 33%
> 34'/4
192
%
193
5
common—No par
preferred series A
No par
Dresser
33%
:.
1913/a
*129'/2
A
223A
,
1203/a
1233/2
225
84
303/4
293/2
;? 33%
331/2
331/2
187'/a
No par
—
Douglas Aircraft
Dow Chemical Co
113%
;E.27% > 29% ;;C-:
,,
A
Doehler-Jarvls Corp
Dome Mines Ltd
167% 167%:
303/4
32%
:
•
*111%
189—
:
Class
31%
31%
114
:
■
*ll3'/2
117
186%
%
94
,
167%;'/
186
31 % ..31
65%
37
-
■
Dixie Cup Co common—
117
313/2
307a
II31/2
.
,
1
5%
v
,.55
•lll'/a 113%
317«
*1113/2
/
65
29
28%
183
307a
f 184 :
183
*
II61/4
*293/4'
^
;.
30%
55
28%
...
..
54'A
*113% 117
'lU'/a 1131/2
30
54
287a
50
108%
493/4 " 50
165
1621/2
'113% 117/;
;
v
83
-943/4
Distil
*105%
.
26'% '. 27.
162
117
'297a
;V;
207a
20%
116
92
161
1133/2
*113
,* 1057a 108'/a
Diamond T Motor Oar
96'A
95%
94 3A
933/2
Co
Corp-8eagr's Ltdpreferred-
32%
32% :
53'/a
; 28%
'.
*1113/2
30
I
*128%
;
26
26
49
53%
.
297a
,
A
253/2-25%-.
183
fat
Jfo pat
—25
2
No par
—100
No par
7 731/4
74%
Electric
Auto-Lite
22
22'/j
Electric
(The)
Boat
67a
.
..7
:
Elec
& Mus
Ind Am shares
—
6„
13
33
Jan
9
397a Mar 29
new—~12.50
1—
preferred,.
partlc
6%
47
49%
48'/a
26'A
92'% ' 93'. •
160
161 Vz
29%
29'A
*1113/2
'106% l08'/2
Diamond Match.
'42%
.
32%
327a
1081/2
54
931/2
161%
*160%
93%
48
42%
*44
46
*106%
53'%
v.
.41 »/a
937a
48
93 ;■>.»:
,
32%
-
;;:;47,'';/-47%;
53%
53%
; 25%
26%
26 --vl
; >
108'/a
*106
473/4
463/2.
53%
*45
,
33
953%
93
i
,1081/2
*106
41%
41%
44%
*40%
30
Dec 29
Dec
3
Dec 27
/ 4974 Nov 2
47 '/a May 5
343% Aug 22
>
40% Dec 12
22
Aug 21
33% Dec 12
34'A Jan 19
573/2 Jun 18
778 Mar 29
163/8 Jun 25
21
Jan'2,
25%Dec 5
67.
Jan 31
75
Sep 11
25'/a Dec 21
29% Dec 28
16'AJan
28 Ya
28%
,
28
28
114
273/4 Dec 29
S W RR CO..100
Raynolds A
&
Devoe
6
108'/a Sep
—.10
100
50
20
Deisel-Wemmer-GUbert
Delaware & Hudson—:
Delaware Lack & Western
;25 3/a
*72%
pfd—.-100
Deere jh Co^l.^.——No
Preferred
44-'
13'/a
-
* Sep 11
25% Apr
31
44
Mar 2$
5% Aug 20
2
39
■
'
2
31
18'A Jan
427a
*30'A
Sep 13
51% Nov 19
102
Nov 16
51
Sep '29
108% Jan 19
56
Dec 31
24 % Oct
8
154
Oct 5
75'/a Oct. 9
9
Nov'19
30'/a Oct 17
125
Oct" 26
37'/a Dec 11
X150
122% Apr
6
593/4 Jan 16
;
46
4274,'
9
Jan
Dec' 10
29
2
Apr 10
July
Nov'27
Dec
6
42
;
99 % Dec 28
.
37%
*10674
Mar 26
111
Aug 21
16
114
*373/2
2
25
257a
25 %
*453/4:
2
'
.44 <
28%
28
Jan
87'/a Jan
,597.
-
51%,/ 51%
:;t
5
99 y8 Aug 22
24
39'/a
39
583/4
59
43% Dec
3
108 3/a Dec 17
34% Dec
8
2874 Mar 26
41
Jun 14
37
Jatt ; 6
59% Dec; 31
49% NOV 24 ' 53
Dee; 11
20% Jan 22
307e Dec4 10
106 % Dee 19
112
Nov 7
lift
Oct 26
124
Nov 21
3o% Jan
2
52 % Nov; 20
253/4 Jan
413/4
407a
41
110 „
34'A
39
233/2 ; 23 »/a
*112'A
440
117
187a
'
>y
V
1057a
52
*115
115
18»%
124% 124%
I' 7'34% 343/4
124% 125
34 y2
343/4
,7
46
46
34%
34%
108%,
' * 183/2
19%
3
.
61/2
34
108 % 108 %
;;
24%
67
1057a
-
51%
51
115
48% 49Va
118
118
243A : 25%
3
3'A
4872
117
y«
27a
■
43%
6'A
337a
108 lA
433/4
6%
33y$ * 333%
*42'A
67a
•
,
.
34%
;
24
106
106
/
*1185 * —
*. 47
48'%
48'/a
47
900
180
65
65%
*1185 :
46%,
46
*106
Shares
share
per
178'A
179'/a
65
49%
477a
117
.
34'/a
-«
10'A
1093/4
106%
"1053/2 105'%
38%;/
383A
39 ;;
27.%:»V'H': *26% . 27
533/2 :'.
*52 7a
54
477a ;
47
47V\
1153/4 -.
*115 ;
116%
24 y4
24
24'%
3
27a
3
1243/4
124% 124%
343%
' 343/8
343/4
453/4
;
*45i/4
46
34%
34
341%
109
109
i
107
49%
51%
115
115
115
115
17 y»
18
18% 19
'
,37%
38
39
.39%
39
39 i
39
39
36
36 '
36% 37 f1
44
44 %
44%; 45%
42%
43 y4
43% 44%
10
10V2
10%
10%
109% 109%
1097a 1097a
: * 105
106'% 1
105
106 v
39
& 39%'7::>: / :39%
40
27y4
27%
273A 28
*52%
53
*52%
5372
43
10
10%;,,;
97e
109
,
.
107
48%
44%:
.
43
433A
*42'A
■
-
'
—
46 >4
*106
.
171/4'
373/4
383/4
3574
.
1185
the Week
Jan. 11-
.
S
share
'
1793/2
.180
180
6465
*1185 —
65
46
.
• >
.
181
64 ]A
Jan. 10
,
S per
Sales for
Friday
Thursday
Jan, 9
• per share
Jam 8
181
,
-
*1185
,
$ per share
.
share
f per
BALK PRICKS
Wednesday
AND HIGH
Tuesday
Monday, January 14;
& FINANCIAL CHRONICLE
THE COMMERCIAL
33
45% Nov
Aug 20
4
40'/j Jan
16% Jan
2
Jan
22
38
Jan 25
17% Mar 26
105
;
:
48
35
98
109
50
56
i 29%
293/8
100 Va
Nov
7
3
Dec
4
Dec 29
Mar 9
Dec 29
47
Mar 20
Dec 6
18
Jan2
Oct 10
221/4 Jan
2
Nov 15
65
Mar 26
Dec U
1227a Jan
4 ; 167Vz Dec 13
110'/a Jan
2
115
Oct" 20
27
Apr
6 / 337s Jun 25
111% Dec 17
113
Dec 31
12
Mar 21
!
30% Dec 10
20'A Aug 24 ■?. 34'A Dec'10
155
Jan
2 *192% Oct* 9
125% Jan
9
1E9
Feb ,1
113
Oct
6
117
Mar 6
1
287a
Jun
3874 Mar
13%
Jan
X27%
Feb
95
Apr
15% Jan
433/4
Jan
27% July
721/2 Nov
131
Jan
113
Aug
Volume
163
.Number 4455
THE COMMERCIAL & FINANCIAL
CHRONICLE
•
201
NEW
LOW
Saturday
Monday
Jan. 5
S per share
;¥•"/■¥■
mOK
-Jan. 8
S per share
SALE
Tuesday
Jan. 7
•
>
:
AND
;.;¥' 1
17%
*148'/a
•
139
17 V*'
149%
148%
139
>
per share
137
'
51
51%
51%
48
47%
27%
27%
f per share
*74
108
¥• 24
:77%
,
108 hu
33%
105
♦105 /
¥
48%
48%
28%
28 Va
24%
*76%
80%
109
ao7
34
25
S
25%
¥77.
*107
.34%
¥
34%
106
105
105
*105 >
105
104%
104%
♦104%
106
109
109
106%
106%
107
*105
17,000
106
105
108
♦106%
3% •;'■¥ V¥ 3 V\
:
'
:■}■*.
96
,
18%
3%
19%
19 Va
19%
19V4
19%
86
86 *
86
86
87
88
*91V8
•
3%
19
86%
96
3%
*91 Vs •96
'
3%
96
#9lVa
19%
20%
20
20%
20%
21%
21
25
25%
26
¥27%
26%
27Vi
27
60%
*60
603A
¥ 60%
8%
61%
61%
8%
59%
9
*8%
•'i i'; ¥7
¥
.
9
¥'¥?
:*
9
9
3%
!
¥
*91 Va
^Equitable
Erie RR
1,000
96
27%
/v;.
61%
37,200
60% ; 6i
9
¥¥¥0;:v
¥'»¥;¥
Eureka
8
3% Nov
5% July
158
Dec
10
81%
Apr
114
Dec
3
146
Dec
11
78
Apr
103 Va
Dec
55'A Nov
8
39 %
Apr
34 % Mar 21
y; 62
No
Vacuum
Evans
Ex-Cell-O
Exchange Buffet Corp—
Co
Dec
81
;.,Dec
13
57%
Jan
68%
Dec
17
101%
108Va
Jun
4
37
5
106
17
101
18
20
Sep
1
Dec
6
8%
Jan
17 Va
Jan
Nov
i-»cO
87
Jan
104
Dec
108
July 16
July 24
89
Jan
105
Nov
109
July 12
107
92%
Jan
4% Nov
14
%
Apr
20 Va Jun
22
9%
Jan
14
Dec
Dec
May 21
12% Jan
12
Deo
1%
Dec
68% Jan
12
86
Dec
28
46%
Jan
70
86
Jan
27
92
Nov
19
78 Va
Feb
11 Va Jan
50
6.600
22%
100% Sep
r9
1,300
34%
Sep
-
Sep
100
2,100
Feb
15
107'A Dec
Mar 26
Jan
par
Cleaner
27%
18
10
16
par
No
15
29% Jan
103
No par
Bldg
48% Oct
47% Juiy
27 % Dec
•
100% Jan
*
No par
No par
Office
8
21% Aug 20
20% Mar 27
-
100
r
Bervice
common
Products
43 % Aug
par
—ou
6% pref series A
Erie & Pitts RR Co
'« ¥'
'¥
21%
27 V*
27 V4
buduo
12,800
■■
19% Dec
3
Jan
J
preferred——
90,400
¥
21 Va
21%
■-'¥,
3%
,;
'
Jan
5
preierred
$6 preferred
v
I per share
103
a
'¥'$5%
30
Highest
share
per
109
Phonograph
Corp
;;; $5 preferred
430
,
;
18%
85%
¥*91%
3%
¥ 107
.
4%
share
pur
Mig Co——
&
Jonnson
Engineer#
290
'•
'
86
18%" •¥'■
¥
17%
85 Va
¥:
'
¥
Electric
Radio
J;
2
per
par
Natural Gas
Encucott
37/a Jan
f
Lowest
No
Battery——No
Emerson
20
35%
*105
105%
Paso
share
per
Year 1944
Highest
No
ocorage
Emerson
200
109
106
El
! t
p°r
No par
preierrea
Eleutuo
6,300
13,200
6,200
28%
*104%
¥■
19%
19%
25% ¥25%
*58%
59
,<¥
¥
77
bb
2,600
55
23
:
109
33%
2,200
Range for Previous
Range for Year 1945
Lowest
Electric Power «Ss Light
¥ *7 preierrea
4,100
.
25 Va
82 v :
*107
34%
33%
¥
25%
*79
109
54
28%
28%
¥
24%
76%
32%
48%
*105
•¥ 3 Va
18
85%
96 : v
*8%
157
144 Va
;.52Va ; 53
*106 Va
*83%
Va
156
144%
-/:,•¥/;
52%
53 .,V,
105
3%
"17%
*91
157
146
51%
105 Va
•
a;-
154 Va
145
52%
STOCK
EXCHANGE >
■¥.¥■ ¥
58,100
154 Va
STOCKS
••
NEW YORK
'(sffi•¥:¥;:;¥
Shares
20
146%
24%
*107
i
-33%
104
'24-
19%
•103®'a
.
108
'
3%
*■
20%
154
.
¥¥ ; *75 ¥•'
109 ;¥¥¥
¥: 33
105
105
24
76
19%
t per share
¥
¥¥:¥¥¥'r
the Week
•'
t per share
19
Sales for
Jan* 11
143%
51%
48%
27% ¥28%!
28
"•
*107
33%
,
105
48
Pridny
¥51%
141
-
51%:
'
18%
154%
139
*
48 V*
76
18%
150
51%
•
¥¥27%
24 V '
/> 24 ./
¥ 17%
150
138
48
-
v
17%
Thursday
;'i Jan. 10
.
RECORD
■
■
V*' Jan. 9
"
17%
PRICES
Wednesday
:
/¥••;'
YOKK STOCK
2
20 '/a Dec
1
6%
Apr
84% Aug
13% Oct
,
—^--8
Corp
15% Jan
24
28% Dec
8
9%
Apr
17%
Dec
3
42% Jan
24
62 Va Nov
17
21%
Jan
47 %
Dec
2
9% Dec
7
2%
Jan
6%
Dec
*
2.50
6
Jan
?V«'
*61
63
33
33
17%
*25%
*61 ¥,
;
26
*110%
30%
42%
30%
15%
16
58%
42%
25%
26%
*110%
112
*110%
68%
37%
16%
62%
17
*106%
•40
61%
6b78
7Ui»
*40
32%
57
*40%
16%/
;
*40 V4
11%
11%
12%
72%
75
27%
*142
75%
39%
27%
27%
>
34%
11%
27%
28
11%
9%
10%
19%
19'/4
24%
.'
55
35%'.
'"
.
*77
36
18
¥
61%
12%
12%
*186%
25
25%
32%
s
21%
¥ '
21%
38%
36%
:
6
42%
'■
42%
44,¥¥,,
31
30.
135
6
x48
•
130
44 : '
126
3i%
129% 129%
22% i 23'/a
38%
37%
7
,6%
125
■
127%
110
,
23
*102%
'
587a
-
*104%
37
¥
*54%
23%
104
23%
39%
v
•
37%
•
56
...¥*54%
6%
6%
153 ¥
*151
56
f
:
36%
70%
¥
56
105
40
56
59%
■
,
-
.
60%
112%
I
'
■*
¥
11
6% ¥ 6%
32%" 32%
19%
19%
*107.
.
;
19%
33%
33
109
17% ¥17%
57%
58,
32%
*172.
¥¥¥*78%
.¥¥;¥ 31 %
.
17%
¥¥ .57%
V.v?
32%
173%
'
.
:
¥•.'
80
.20 Va
32
' ■■M *107
"109.
32%
'¥¥. 173%
.
'
44 '•
¥¥¥20%
..
•
•
32%
•■]¥.
;17%
58%
;
•
17%
¥
58%
32% $
173% ¥
32%
172%
;42V/a
31%
7i%
71
%;•••:
•68
78
i
78
>¥
¥•78
31
110
*107
*133
,
,
60%
Co
'
v-
¥•
59 %
59%
V
60 ¥4
60%
77%
78%
conv
Amer
Dec
■¥ 33 Va
Dec
3
Dec
6
SiVa
Dec
10
5 Va
May
8% July
jun
26
43 Va
Aug
58% Mar
35% Dec
29
11% May
80 Va Jun
5
16
Nov
69
Deo
29
Dec
'
Dec
May
51% Nov
70
Dec
36
~
,
30 Va
¥
25 Va
Dec
:>17%
Sep
Dec
•135
Jan
¥; 36% July
Jan
26
128 Va
128 %
preferred
46
6%
61 Va Dec 29 r ■
6 ? "¥
-14% Dec
.—.—No
A
7%
preferred.—
"9%
32%
29%
S5
preferred
Equip Corp^
45,600
Public Servioe
.
129
40
39
110
550
General
1,500
Gen Time Instrument Corp__No
30
•
44%
t
.
5,100
Telephone
26%
27,200
104 Va
200
62%
10,100
104%
800
41'A
6,900
-
56%
500
7'/a
8,100
153
'¥¥.¥
50
"
'4%%
Corp—
*107
108%
51%
51%
11%
12
104%
.
100
66
14,300
'113
♦111
Gillette
¥ 200
,103%
25%
104
¥. .75
60%
26%
4,100
237,200
7% ¥>- 77/a
"33%
6,100
33%
500
22%
22%
13,500
32%
33%
•107%
¥
V
*
18%
.;ei
32%
•68
4,000
100
,
¥
174
,I
71%;:
32%
104
105
.
v-¥
25% ¥26%
,*107
¥¥■103%
61%
¥•¥15%
6lVa
76 "
25%
61 %
!; ¥ 76Va
:
"¥61%
.200
,
«10
4,200
•
17,300
108%
{
51%
12%
11,400'
.¥•¥■
',
.104
26%
77
61%
4,800
.
,710
25,100
'
76 ;.;¥
'
1
33 Va
.¥¥ 51 ¥
7 ¥¥,■12 ;.¥■
5,900
:
¥¥./
; / ;
2,800
13,100
Mar
Dec
40% Dec
43% July
/
■
8% Dec
34
Dec
10
¥31
Dec
22
7
'
-
3
•
10
.
Ill - Mar 12 ¥
46
Dec 11 ¥
111% Dec 31/
2
15
26% Dec
'105 % Dec
26
•
Jan 23
Sep
6
preferred —————No par
Glldden Co (The)
No par
96
25 "A Jan
2
39
4%% conv preferred
iGoebel Brewing Co—
52% Jan
4
4
—.1-
Gold & Stock Telegraph Co
1
50
104% Dec
10
25 Vs Feb
7%
$5
convertible
40
Grand Union Co..
;
•
—No par
Granite Citv Steel
T)
5% Jan
5
No
Co
3%%
—
/Great Western
:¥ i Preferred
Ore
Prop
Sugar
Green Bay & West RR
3 Green (H L) Co Inc
Greyhound Corp (The)
4%% preferred
—,
Grumman
Aircraft Coro__
Guantanamo
;
13 ¥
Dec
6 *
12% Aug 27 ¥
7% Nov 28 -
100 /
3
33% Dec
Jan
f
25%
/
Feb
54%
jun
Jan
104 Va
Nov
Feb
51%
Deo
■112%
Jun
104%
8%
Jan
1%
Jan
¥•
3%
Jan
22
15% May
9%
21 Va Dec
14%
Dec
'65% Nov
25%
Jan
24%
39% Nov 28
2;
28 Va Jan
.
Deo:
¥
7
Oct
Aug
5% July
19 V* Dec
16
Mar
Oct
Mar
Jan
Jan
17%
¥ 49 Va
Nov
30
Deo
163
Nov
v
Feb
Deo
~
143%
75
Oct
10
57 ,v May
Dec
10 >
43 %
Feb
¥ 55%
Deo
x35
Dec
7
19 Va
Feb
24 y*
July
108% Mar 13
105%
Dec
1057/#
Dec
32 V*
Ceo
:¥
May 25
24
55% Dec
6
26
18
27
23
12% Dec
8
6
July
86
175
161% Mar 16
22% Jan
2
104V* Jan 12
1
17 V*
¥:■
¥¥
Jan
28% Jan
¥. 64
Jan 20
>¥,. 52% Jan 25
..1
May
109Va Nov
2
¥
100
¥
Feb
Aug 20
100
No par
175
Jan
¥
18
100
1
Dec
Aug
Jan
14% Jan
■
4 Vs
•
Sep
46
No par:,
52
Apr
Jan
337/a Dec
105
No par
Deo
38%
>
21% Dec
25% Sep ,18
5%
$5 conv preferred
No par
82
Gulf Mobile ft Ohio RR
Nu yar
14%
.15 preferred—.•———No par
'
58 +
Gulf Oil Corp
28 ¥¥ ¥49%
Sugar common
¥
Dec
Dee
-i
Nov
14 Vs Jan 23
¥
par
5
preferred
2
18% Jan
39
•
2
4% Jan
115
¥
16%
90 V*
22%
;
98'
6 ¥
18 M
12 Va Mar 26
>
.1*
Jan
40
63% Oct
1
2V% "Deo
Feb"
85%
105% Mar
—
Dec
Dec
Deo,
2%
¥ 102
Apr 20
No par ¥ :
48
July 27
preferred—No par ; ¥ 107 Vk May 19
1
No par
'
110%
¥ 27
I 31%
Jan
Jan
18%
18
.No par
19% NOV
Jan
45
28
Graham-Paige Motors
Granby Consol M 8 ft P
¥ Grant (W
17
Nov
Gotham Hosiery..-!
Oct
¥ 25% July
/
74% Oct
53
Goodyear Tire & Vtubb
¥
Oct
31
July 27
—No par
Dec
Nov
4 V*
11 y.
May 16
7% Oct 18
165% Jan 12
3% Jan
2
147 % July 27
100
...:
(B F)—
$5 preferred i,
July
60
57
—
,
19%
8
63% Dec
Mar
2 V*
31 Va
:-
9
90
Jun
124
19% Apr
14% Jan
74% Sep
22% Jan
-
Oct
13% July
23%
; 3y4 Nov
6
10
Jan
Jan
:T
3
Oct
July
130%
Jan
4"%
5
7% Dec
46% Dec
Nov
66
18% Apr
1% Apr
19% Apr
112
Apr
38% Dec
Jun
125%
10
11
140
134%
ty'- j fA,,
51% Feb
6,
Dec
44% NOV
21
Great Northern Ry 6% pfd—No par
33 >/;;:•
12%
•
.
$4.50
12,100
33% '
;
13% Mar 27
par
13,100
84
52
No
62%
84
108%
23
133% Dec
•
.
Great Nor Iron
84
12Va
Dec
--
29% July
Mar
6
36% Dec
22
26
f
19 %
'
83%
50 V*
130
3
107
•
109
173%
:
71V*
•',
Safety Razor
'
¥
109
*107
128.
Dec
155
14
27 V* Aug 21
105% Nov
8
¥ 85 conv preferred—,—¥--¥No pay
Gimbel Brothers———
^No par
Goodall-Sanford Inc
32 %,
: /
.'124
Nov
99
Mar 29
25% Mar 29
par
—100
Goodrich Co
61%
32%
19%
7% July
22% Dec
'
Feb
40
Mar
Dec
3
3% Jan
—20
preferred
5,700
'65%
19%
32% '
1% Jan
4% % preferred/.————-—..100
General Tire & Rubber Co
ft
380
6,200
23'A
33%
¥¥
35
8
Nov
161
Apr
Feb
77% Dec 10
28% Jan 24
123
Feb 10
—lOci.
5,900
'
116
40%'
♦104
.
*68
25 y4
140 ¥
•
Oct
9% July
•
52% Aug 29
2
Jan
39%
•
.
Dec
| • 54%
Jan
12;
134
Jan 23
38%
7'A ¥/:7%"
*33
34 %
33%: 33%
¥ 173 :¥ 173
58%
81% Jan
16
123
.
3
19
"¥• 75 •■, •¥75%
65%
112
61%
25 ¥
Oct
49% Sep
Nov
16
21
♦151
33%
May
10
Jan
22% Jan
—No par
62
153
61%
Dec
16% Dec
>4% Jan
11% Jan
May 31
56
22
General Shoe Corp——
—-1
Gen Steel Cast $6 preferred—No par
*54%
32%
125
100
Gen Realty & Utilities.—
Jan
General Refractories
¥¥¥7¥; "V
18%
No
Gen
39
38%
39%
77
75%103% 103%
71%
62
5,100
104%
20
',¥ 84%
Aug 20
114% Oct 25
Gen Railway Signal
..—No par
6% preferred
—y_—100
39%
107
107 Va
36:
43 y4 Aug 23
127
1,200
*104%
17%
*68
No par
5% preferred
——i—-——100
3% % conv preferred
100
General Motors Corp—..—
10
32%
♦108 "
109
Dec
23 Va
Feb
Jan
41% Apr
7% J an
143 >
Feb
6%
10
145 Va Oct
1
29%
104%
22%
Feb
40
;
15
Dec
172
17
37"% Jan 24
•
No par
6,700
128%
110
32%
Oct
.
38'A Nov 29
27% Mar 20
*29
♦102% 105
60%
61%
*
is"
•
22
114% Jan 22
153
.—.No par
4,300
"9
'
39%
*107%
¥173% 173%
—100
Corp
Mar 21
Jan
32
,
25%
■
6
19
.—100
46%
;
8%
V >
56
33%
Jun
Nov
66
7%
: 10% Feb
11
185% Dec
27% Dec
17 % Jan" 2*•
par
No par
—
General Electric Co—
2
2
.—9
No
preierred
Foods
8% Jan
No par
—;
cum
49
160% Jan
par
6%
46
26%
$ 22%
'
51*
3i
preferred
7%
800
13% ?
33
15
Jan
¥
•140
12%
21%
80 Va Dec
:
'
13%
19
par
12 VA
*33%
M8 %
11
General Cigar Inc..
•
<:?
Oct
t
24 % Dec
par
437/a
.
10
15
109% Dec
par
-41'/a
34%
2
Dec
40'A Nov
22
No
7
112
Jan
5V* July
17% Dec
18% Dec
4% Jan
•
18
Gen Precision
12
.
58
10 '
62%
12% Jan
Gen Outdoor Adv common—No
64%
14% Dec
58
¥
12
104% Apr
3,700
U4Va
-
2
Dec
July
7
v
•¥
•
86
.51% Nov/267 23
Jan
2
i-
¥
.
6
7Va Jan
—50
Investors
2,400
43%
76%
104
14% Apr
l
23
*151
12% Dec 12 >
3% Jan
10% Dec !' 4 ¥•'•■' ¥ 2% Jan
13
12% Jan
29% Nov ¥"5
16% Dec
>
8'¥¥
28% Dec
15% Sep
19% Nov
;6
66% Feb *6
40%
'
-
¥16% Mar, 9
39 3,4
-
Jan
—20
—
22%
25
6% Jan
2
4 l/a Jhn 2 2
*
l®
1
Class
47,400
39
;
Jun
42%
75
5
(The)—.par
Co————-No par
23%
7
65'
.
t
40
55%
•
59%
26 %
Jan
13% Dec
44
47% Jan 24
15% Jan 13
—20 ¥;>
General Bronze Corp.—
¥
80
38%
.y
18% Dec
2
6% Mar 20
(The) cl A——No par
preferred
General Cable Corp.;:
1,400
136
1
¥
Dec
Jun
Aug
18% May
Dec 26
(8
123
.
39
31%
Nov
57%
34 Va
10
35
22%
40%
82
110
Oct
preferred ——————100
Gen Amer Transportation..
5
General Baking——————^..5
90
38%
71%
53%
'
20
53
Jan
5%%
840
12%
78
10
111% Nov
34
5,300
33%
*119%
60%
173%
¥: 38% Dec
4
146
Gen
11.200
175
39%
32%
Jan
Oct
9
4
112%
.60
'
Jan
60
16% Dec 13
r
4%% conv preferred—50
Gaylord Container Corp.
0
6,800
"15 ¥'
39
18 /
31%
32%
>¥ / *107 * 110
49% ¥49% •"¥¥
48% "49%
¥•*
49
51
11%
11%
11%
11%
11%
¥.¥11%
*101
104
100% 103
102 > 103
¥ "23% 23%
23%
24 %.
26%
24%
*70
72
¥¥.'
71%
72%:
-73
75%
*107
63
.
35%
2
Mar
50
27
149
116%
7%
33%
109 ;¥
10
109
¥ 44 ¥
Aug
"
77%
*116
39%
"
♦1037/a
¥21%
"
109.
Apr
118
No
Gar Wood Industries Inc.—
3.800
♦112
33%
103%
¥30% Feb
—100
General Mills common
43%
-
'
33'/a
3
26
pfd—¥100
2,9001
151
::
'
33% ¥
33*
110'/a Mar
41
Gardnei"-Denver
6,600
12
%v ''•:;.11%;
¥■¥'¥>6%; ",'6%¥.
'..6% ¥7
'
;
Dec
Dec
27%
Jan
47%:
7
39%
¥¥•75%.
11
Feb
13%
46%
56
151
-
11%
¥ *68 /¥ 71% •¥>*';
¥
..
■
34%
Jan
38%
27
.
;
*32.
•
152%
45
5
2
26
10
48%
41%
*54%
6%
6% :¥¥7¥¥¥
.
71%
*110%
:34%
.
6%
28
70% Nov
Jan
Apr
General
*108
60%
104
,y
104
; 151% .151%
v¥
38
38 Va •
40
39%
71% ¥ 71% ¥
72
75%
*104
* 106
,» ♦103% 106
"•'¥ 60%
61%
62%
60%
¥
*110% 112%
;
112¥¥'.; 112 ¥
34%-' 35
¥•
35 %
38
>
'
11 ~
:
•152
38
*103%
1
r
6%
163% Dec
50
14
4,900
39%
118
60
•
Jan
par
i
v♦102% 104
V' 104 V 104
•
58%
59% •¥
59
60
*104% 107 :¥
104% 104%
37 Va
38* ¥•¥
38%
39%
.
108
Jan
17
Jan
43,200
128% 130 Va
40
••39%
.
24%
25%
*102% 105%
•
¥59;i'¥?
93
5
20
48%
*29 Va
110'
•43%
|
18
43 Va Dec
54%
8%
40 ;' '
:
117%
24%
107% Apr
34% Nov
22%
24
'
-23% i;
22
Jan
23% Jan 16
107
July 20
No par
S4.50
-
•
5
Jan
54
32%
130
39%
110
-
108
59% Dec
25
47%
6%
30
39%
-
32
23
Jan
54%
45'A
32%
127%
'
Jan
10
Jan
60
13%
33'%
*140
29 Va
•
10% Aug
Dec
105% Apr
42% Jan
39
47%
31%
29% •29%
39
39%- 39%
39%
¥¥¥38¥¥ -38., ¥»
38%
38%
*107
110
f~ '*107
110
'•
41%
41%:
41%
43%
114
114 •¥' '116
116
V. \
tg
39%
46
:
Jan
18
16
¥¥;$3 preferred
33,100
62%
175
129,, 129
¥
8% ;.-i 9%
•:
Dec
5
Aug
22
53%
48%
76%
"9 '¥
8%
Va¥'
29
48
*140
¥ '31%
/
24
105
Jan
19%
¥ 44 Va Dec
:
54
78
,
Nov
Apr
100
24
47%
¥
76 Va
6%
46
27 Va
¥■ 17
Jan
Gamewell
:
186%
149
;
135
*140
30%
48
.
19
109
62
123
•
80
18%
13%
♦183
34%
135
6Va
44
*79
149 ¥
*119%
22%
Apr
8
Aug 20
6%
4,700
*107%
.
175
138
37%
5
25
Gabriel Co
4,700
41 Va
123
130
61%
39%
.42:
*135
/
17
42% Dec
2
5
53% Mar
Galr Co Inc (Robert)
20,400
39 %
.
"15%
*119%
21%
"8%
80
123
¥ 36%
%
;
¥
135%
76%
i 14%
60 Va
39'A
14%
*174
54%
;.;¥ 53%
' 14 Ve
26%
14%
34
;
48%
48.
54
74%
21% V
: 62
27%
149'
'V
34%
175f:
10
,
.
40%
;
'¥
152
34
*172
4,600
¥2WV
.
'
*119
128 ¥4 ¥
125
39%
149%
33
174
27
¥;?8l¥:> ¥83
:
187
27
1.5%
1,700
13%
186%
26%
24%
62
13 Va
¥-13%
26%
14%
152%
110% Oct
¥ 32% Nov
Mar 28
59 %
3.000
109
61%
62 Va
M12%
9.400
27,600
19%
?:ni!
14%.
19 V*
•107%
42
47y8
v-
18%
18%
12
10
19%
24%
27
'39%
*79 ¥
.
11%
82;.
80%:
62
26%
15%
'
Dec
Fruehauf Trailer Co New..—...¥.¥:;
20,200
;
'
25
14%
109
62
••'
24Va
■26%
.
•187
174
36% ¥ 36 %
8%
30%
29%
4140%
*113% lie
-
i
128%
21%
43
126
39%
*38
*107
13
149
33
*140
"5%
18%
*107%
62
13%
35%
,
■
-74%':
6y«
*140.
,
18%
48.
74%
129%
'.;¥'60¥¥
109
25%
123
*29
58 %
¥
com..—No par
Francisco Sugar Co
F'k'n Simon ft Co Inc 7 %
4,600
-'¥,;'9%¥
19%
¥>?82"';
-•
-
14%
80
¥
.
135
75
82
/
39%
48
*133
*125
26%
48
*119
30%
26%
¥ *78 Va
14
¥
14
v
123
8
24%
38%
33 /¥;/
;> 135
42%
24 %
12%
174
*133
6
24
46% ¥47%:¥¥
46%
53%
53 Va •
>¥53%
48
*128%
10 Va
61%
13%
*119
¥
12 y8
80
35%
174
53 y4
47%
74%,
11%
9%
¥ 19%
48
53
¥■
12 Va
19%
26;
81
17%
Freeport Sulphur Co—.—.—10
10
•'
Jan
25
Machinery Corp—
10
Corp.———19
6 % prior preferred—¥.—-—^..25
19,500
,42%
¥14%
5
21% July 24
Food
210
27
:
31
103 v
Foster-Wheeler
31
26%
42
26 % Dec
Jan
Deo
'
12
38
144% i
•32%
■
47%
91
42
10%
18
143 y»
175
46%
2C"n,
Jan
28% Jan
Food Fair Stores Inc———~1
1,700
Dec
14%
100
preferred
3,800
,
156
40%
/•
76
27%
*142
9%
:
■
conv
44%
47%
Jan
9% Jan
Corp—..«.....l
(The)
Jan
Jan
9%
25% Jan
No par
No par
preferred ___—.'
5%
7,800
Co
33 y4
21%
11
23% Jan
Florence Stove.;Co—No. oari
Florida Power Corp——.——7%
Piorsneim Shoe class A—.—¥No
par
Follansbee Steel Corp
10
380
41% / 41%
30 Va
156
19%
*106%
•34%
33
174
*146
20,800
72% ¥72%
39%
.39%
76
>..¥
31 y4
30%
-
•
27%
9%
•187
""■¥•13%-
*141
30%
78 ■/„:
12%
186%
13% ¥14
*34V\ 35
143
;
27
78
61%
n%
186%
>
76
42%
57
17%
17%
*106%, 109 |
25%
75%
36
62
..
26%
¥
109
¥
40
41%
/
78
17%
*25
39%
19%
25%
56%
61%
II,900
19%
23%
13%
*106%
¥
200
13%
72%
51%
*78%
¥¥♦.77 ¥/
41%
13%
40%
13
35%
55%
35%
17%
41
156
$4
*
17 y4-
13%
¥¥.;
Flintkote
200
17
28
■
First National Stores—.—.No por
200
Nov
20% Dec
104
.
Fidel Phen Fire Ins N Y—10
6,000
51
17%,
73 V4
50
■
38%
65
36% Nov
17
2
Firestone Tire & Rubber^—
'
4% %. preferred
3,000
113%
.
41%
38%
11%;
38%
*50
13 Va
38%
'81
12%
56 *
79
:.
25 Va
*77
13 ¥
'
23%
24%
■/¥
81
12%
28%
*146:.
59
58%
*111'/a
9%
"
24%
*77
'
23%
*40 %
77
26%
28%
¥11%
900
200
2
4
12% Mar 26
preferred-.—-*—..100
Ferro Enamel
10,200
39%
42%
/
•
¥
800
conv
42% Jan
25 Va Jan
—5
Federated Dept Stores
¥' 4% %
60
.
6IV4 "61%
-51V-
-
Federal Mln & Smelt Co
8,400
¥
74%
74%
*108% 109%
113'/a
•
16%
50%
•
19%
32%
61%
'
17:'¥:>v:
36
9%
/
32%
75
26%
76%
¥ 42
•
156
106%
33%;
73
*50
50
11%
9%
/¥m:¥; :-24.;:
76
41%
¥
27
•146
.106%
40
39%
-
27
146 ¥' ,146
49%
50
34%
35%
49%
34%
40%
75%
M 40
27%
27
146
*49
39%
*27
62%
13%'¥.
73 %¥
73%
•
61%
106%
61%
42%
12%
69
39
i
/
16%
70
*27
63
38%
16%
39%
Federal Motor Truck
*111%
11%
40%
75%
40%
9,100
39%
68
*74
,17%
33 Va
51
11%
.
17%
58%
68%
36%
37%
17%
Federal-Mogul Corp...
57%
11%
,
I,000
108%
*G7Va
36%
1,700
108%
38%
112
32
62%
106%
61
*50
4,500
43%
73%
43
43
*110%
108%
50
26
43%
*31%
*111% 113%
'
26
Pairb&nks Morse ft ObM_U_JVo
par
Fajardo Sug Co of Pr Rico
20
Parnsworth Televis'n & Rad
Corp_l
Federal Light & Traction
15
66 preferred..
—No par
16,900
43%
.70%
38%
49%
•'*: .16%"'
2,100
4,800
19%
32%
58%
*111%; 113
66%
35
17%
33
57'A
¥> 37%
50'/a
/
108
61
<
112
*108%
;
*108% 108%
65%
-
31%
-
64%
*106%
¥ 32%
•
.; .34%
-Jioya
43
17%
63%
108
61%
68%.!
-
.¥,:1T";¥
63%
32%
108 %
16%
41%
'¥"
61%
*49%
26%
42%
3i%:*¥
55%
*49%
50%
16% i 16%
-
♦llOVa
42J/4
367/a
37
*111 ¥; 112%
111
112
31
■
•
32
55
19%
26%
107%
108%
■
19
•
42%,
61%
56
34%'
-
30%
6«'/4
108%
65%
33%
42%
*31%
*103%
v;
26
64 Va
•
60%
*106%
61%
36%
¥ 19 %
33%
19%
25%
16%
61%
67%
111
64 ¥
33%
30
58
32
*55
63%
19 Va
31
16
106%
*31
63
33%
18%
42% t
♦30%
58%
106%
62%
33 V8
"
.
112
*42
62
33
¥ 33%
¥: 18-¥'¥ 18%
25%
25%
*110% 112
18%
100
Dec
11
3%
Apr
Apr
,
'•
Feb
6%-Aug
J
8
,30% Jun 26
82
Jun 14
¥• 61% Dec 26
67
Jan
16 V* May
33-
Jan
62 Va
Deo
42 V*
6%
Sep
50 Va
DOO
-
Monday, January 14, 1946
FINANCIAL. CHRONICLE
THE COMMERCIAL &
202
NEW YORK STOCK
RECORD
%■
LOW
Batarda#
Tuesday
Monday
;
tj:
Jan. 7
Jan. 5
I per share
t per
t per shaft
share
Sales for
$ per share
NEW
the Week
/Jan. II/::;;
'$ per share
>
t
S per share
'
V
Jan. 10
Jan, 9
*
Friday
Thursday
Wednesday
:
Jan. 8
■
Range for Previous
./•.STOCKS—'. ;%
HIGH BALK PRICES
AND
YORK
STOCK
Lowest
Year 1944
Lowest
Highest
,
.
Highest'
;
t per share
Par
Shares
■
Range for Year 1915
,
EXCHANGE
t per share
$ per share
$ per share
H
*36
♦36
32
39
32
£ 32%
:;;C5
'
'r 32%
32%
•
*25%
26%
*115'A
118
"115%
105%;
♦105
105%
"26
26%
26%
26%
■"150
39%
40
13%
12%
12%
♦101%
103
151/4
15%
15%
13%
U128
127
33%'
89
37%
114%
y
59
34
5974
31%
22
21%
60%
k
*2774
28
f
*83
10774
277a
^105
85
27%
20
34
•...
*,■
34
K
34%
31'/4
317a
8%
8%
■
31%
311/4 "31'/a
55 //
56
233/4
23
24
233/4
61%
291/4
•
900
..-
700
107
867a
867a
217a
21
21%
21
217ft
527a
5372
52%
53
5374
54
/
.21
:
.
;
21
20%
3474. 357a
.
/
.
34%
8%
20
8y/4
8%
331/4
:' :•
207a
357a
357a
1
•
12,200
,
3,800
r
23
5%
/.•
&
preferred—
non-cum
'
49,700
9%
■
26,400
477a Sep
137a
2174
Jan
7
15
2
60% Jun 26
39
?
25% Dec / 3
63
Nov 14
13% Jan
25
9
877a Nov 27
16
Jan
19
14% Jan
6
374 Jan
34
2
,
r
:
:
.
£v
;
\
'•£
v.
..
£•'
1
39%
3974
413/a
42
39%
393/4
39%
44 '-'a
44
847a
847a
847a
443/4,
843/4
'
8274
82%
*91
i
*92%
93%
92
36
*36
36%
36%
31 %
31%
66 3/4
K-
66 3/4
31%
*105
106
139
}
i;
139
105
171/8
■
#
1774
10%
51
-
3274
323%
71%
72%
73
7374
107%
/
*235
■;
£
6
Feb
167a Aug
874
May 19
>
50%
%
10
239%
A
92%
2397a
{
190%
?
10/4
191%
244'
244
30%
't- •• 9%
■# 36%
36%
141
46%
*117%
46%
22%
108%
43%
*176
,
*141
43%
28%
29
40
26%
*150
207a
29 %
29%
39%;
40
30%
41%
z
27%
27%
28%:
42%
"42% •42%
155
:
141
*135
;:
137%
57
*55
■
143
42
41%
/Hi:
"
180
International Silver————50
1% preferred.—.———100
Jntern'l Telep U
.No par
128
4674
45
138;
■/■
V
;
67a
Feb
165%
117a
Dec
123
24
116
Dec
57
92/ Jan
2
137%i Apr 19
18% Jan
2
Apr
Jan
130
J9 7a Jun
21%
Dec
Feb
94
Dec
Feb
66
-
3274 July
136
Oct
Feb
137a
29
Dec
Mar 27
3
2
25%
10
Dec
80
474 Jan
Dec .29
84% Jan 26
97a Mar 26
Dec
187a Jun
Jan
65
Dec 17
48%
Nov
82% Dec
180'A
37/a Aug
10
397a Dec
Jan
15% Jan
3
23 v
Dec
141
10 7e July
188
174 Jan
,.
Nov
23
87« July
,
87% Apr
26
99
2
4074 July
Dec
105%
Jan
154%
1
Dec
193
87a Oct-
v
Apr
>,
34% Dec
26
417a July
39
Feb
>
2
Feb
79
7/
6
2
19 7a Jan
129
Jan
104
Nov
67a Jan
13% Nov 23
28% Jan 24
.
127e
Jun
17
774
15
68%
Jan
92
Jpn
Dec
6
397a
Jan
47
Aug
4574 Dec
11
35%
Jan
43
Sep
56% Jan
93
Dec
Feb
135
Oct
Jan
20
Dec
175
Dec
9
151
Nov
20
Dec'
33
117
117a
6
£ 18% Jan
2
33% Dec
1174 Jan
2074 Aug
178/aJan
2
417a Dec
3
15
30% Oct
18
15
Apr
Jan
2074 July
197a Jan 24
36
Aug 31
145
Jan 12
46
Dec
6
29
Jan
45
July
152
Oct
17
13874 Jan
144
Dec
,
$6 preferred———————i
■56
Xl40%
115%
160
6
44'A
42%
44%
,
,
Dec
20'/a
57
♦113
1157a
*120
160-
103
*103
130
1327a
135
139
141
142
27%
28
263%
287a
28%.
55,400
1,100
141
2,000
31
*103
104
128
477a
1037a
12,100
467a
467* i.473%
48
102
Jan
2
1181/4 Aug 22
145
31
Jan 25
61
Nov
109
3'%%
14074
31%
3Q
:
5%
pref series A.
5% pref series B cony
.
—
Sep 17
Jan 10
116
Deo
Dec
Aug
Nov
1Q5
Dec
21
Nov
16
1377a Dec 27
30
21
NOV
Ill
Dec
May
95
May
Jan
28
Dec
107% Sep
90
34% Sep.
,
4674 Nov 20
Dec
1
207a
58
Jan
80
Dec
Nov 20
66%
Jan
93
Dec
277a Jan 24
79
Mar 27
105
9174 Jan
2
139
19% Jan
Joy Mig ,go—^
387b
112 %
27
6
140
90
100
*—J.00
Apr
107%, Jan
847a Feb
1147a May 31
101
No par
preferred.——100
,Johnson St Johnson........—.12 %
4% 2nd preferred ser A
100
Jollet & Chicago RR stamped—100
Jones <& Laughlin Steel
—No par
600
600
57
56'%
115%
120
•
4
Nov 20
A 47
10974 Aug 22
preferred——.———100;
Johns Manville Corp
1,800
22% Dec
197a Nov 26
3474 Jan 22
Jewel Tea Co Inc——.No par
4% %'
*1117a 112
1467a 148/'
♦1417a 145
.
160
*113
800
'
140%
56%
56
55
160
47
—1
Jacobs (F X) Co———
10,600
217a
146
145
138
217a
47
112
♦111%
112
-
21%
4774
207a
*47
*120
27
,
158
*150
158
*150
102
.
Foreign share ctfs
No par
Interstate Dept Stores—.s—No par'
Intertype Corp—No par
Island Creek Coal
1
300
45
100%
*26%
64,800
>30%
30
3074
101
26%
307a
/730--7
307*
7*43%
*114
;
400
180
101
1011/4
26%
427a
42
210
*144
*126
*101
♦124
r
•
,
2,700
"195
4674
447a
#114: r 1157a
160
47
203
447a
*120
ils %
*120
conv
International Shoe— .—.No par
800
143% 1441
138
*55
•
*111%
144
138
55 ra¬
*114
15
100
Co
4
Aug
1274 July
9% May
.
27
10074 Dec
Mar 21
57a Jan
NOV
Sep
x87
29 ya
17
250
165
Feb
h> !'
*111% 112
160
60
440
5,100
3,900
158
Paper
1,000
111
"56%
60
r
4574
217$
1157a
10978
1097/a
5%
9,500
24
287*
48
*120
7 22'%
Preferred
preferred
•
Inter Rys of Cent Am
No par
5 % preferred
—
—100
International Salt———No par
J
48
*114
/.
3,300
"277a
21%
-'.
11874
45
217a J
138
1171%
287a
48
*135
./'•
55%
International
-No par
100
Int Nickel of Canada
19.600
28%
20%
142
38,000
1
300
45'%
4474
48
..
397a
142'%
30%
47%
141
■
397a
4474
2274
30
207a
*111% 112
112
preferred—100
International Mining Corp.
—1
15,800
19
Mar
77a
9
147a Dec 10
Mar 26
Jan
Nov
13
127a D eo
Mar 28
11174
10 ..."
Dec
Nov
107.
57
2% Jan 23
4%
46%
•144
47
:
3
class A
118%
457a
43
*150
104% Jan
Preferred
142'%
39%:
143
203
207a
47
107a
10'%
10'%
28%
*42%
6
25
Dec
7174
1097a Oct
87a Jan
1067a
158
31
197a Dec
117a Mar 26
3774 Jan
1,/
17
Jan
7574 Jan
/j
300
98
'43%
:
Dec
International Min St Chera———.8
740
:
30%
/
28%
42%
*150
/
155
*150
42
Jun; 9
105
.8,600
30%
30
Dec
174
2
33%
,98
98
59
180
>/;30/£
*267/8
>20%
*137
:
*142
30%
.140
26
Jan
4274 July
88% Jan
28
2
Feb
82
Oct
2074
Jun
100
Mar 16
104 % Jan
s
,
15% Apr
3574 July
„
166
•
par
-/33z7
194 "
69
1097a
Sep 26
337a
.193
-
:347a
2
39% Jan
103
100
25
109%
45%
29%
11
Int Hydro-Elec Sys
>22%
210
39%
%
155
*111%
;..
45
Dec
31,300
45%
59%
*187
8
3
12%
118
109%
28%
$$
42%
46 3/4
109 %
26
Dec
12
1427a
.
22%
29% •>
f<$ fVb
:
47
59
180
5,800
V
Dec
Jun
2
123/4
193
39
387/a
142 ;«
28%
26%
*42
/
195
*142
160
f
70a
v1:
;
97%
22
38
22
197a; Jan
5X78% Jan
10%
V
119
56%
44%
43%
11
46%
109
190%
192
*141
29
•56%
43%
*188
160
*39%
;.
55%
43%
199 %
108%
967a
Dec
Jan
46
-..——100
-
777a
2574 Jan
31
67a
Intercont'l Rubber.
—No par
87/a
Interlake Iron—.
No par/ 7
Int Business Machines—..ii.No par % 7173%
7/ 747a
International Harvester
-No par
6,500
81,100
Dec
Jan
11,
32%
118%
22%
22%
.
109
55%
-
22
-
90
'
38 y4
119
244
Interchemlcal Corp
:
4'%% preferred.
Dec
56
Dec
.No par
Insuranshar<*« Ctfa Inc—-
237a
Dec
20
Irisplratloh Cons Copper
'
971/2
*97
98%
,141
47%
45%
117
22%
109
55%
28%
46
16 y4
244
»
'•7
10 7a
16 '»•
NOV
10% Jan
92
11%
23
•,
10%
141
10%
.
is
2441/2
1927a
12%
I 32%.
/*07 /
37%
36%
♦139%
22%
/
10%
37%
117%
109%
-
9%
141
117%
22%
P«%
:
No
preferred—-.100
24
84
Inland Steel Co—No por /
1,400
:
6%
/
400
>,
10972
108
10%
163/2
97
;
192
11%
32%
9%
-'•45%
119%/
31%
:
,
109
16
.
-2447a
977b
192
127a
»96J<.
•
98% *
140
,/V
392
53%
XQ7ft
<
v
244
957a
10%
*53
*108
.
16%
*
-
♦107a
54
197a
32%
Feb
.
,
10
40% Dec
3
183/4 Jan
No par
Ingersoll-Rand
V
11,900
19 7a
10%
53
1074;-,
14%
244
•
«•'.
94.'
1074
31%
98%
9%
36%
141
*54
X
31
98%
.
192 '
11
£
31
;
192
10%
:
93%
92% /
190%
-'•
;;ll£:£:
*97%
9%
92
109
107s
14%
19%
10%.
719%
53%
1077a
10%
1
137a
.
92
19 3/s
5274
10774
*10778
"
974 /
18'/a
;£.
Aug
:•'/■/
477a Jan 30
No par
Rayon
$4.50 preferred A
-
2,100
108
106%
107
Industrial
■
1,000
1433/4
6
1% Jan
974 Dec 10
Dec 26
IndianapoUs Power St.ht*--+No pa? ;
200
7
Deo
287b July
44
1000
RR See ctfs series A
2,100
'
*167
Jun/
227a Mar
12
.72% Jan 24
teased llnes 4%^.—.^..100
7
4,900
741/4
»T433%
•77,
107
1077a
;:*ioya ; 107a
10%;
'52
144
70
570
!
July
2%
11'/a
Jan
197/a Jan 24
§% preferred serfes A—100
■
108
♦10674
1067a
*16774
1057a
187$'
107s
:i378 -13% >
240
-
1774
1073/4
'
9%
143
*16774
1057a
10% £
527a
*107 Vb
10%
13%
107%
*141%
104
173/8
>
*503/4
1
*93/a
133/a
103%
10'/a
1
*106%
141,
106'/a
144
1073/a
*106
'"1,1)00
32%:
32 %
*167%
-
% "1774
51
*io7ya
i
i
0
f
\
68%
140
-!
1037a
*10%
;
£
139% 140
*167
"1047a
«••
106
106
*167
I":.
i
67%
32%
29% Jan
Co—♦—.,,..^.^..^—20
100
Illinois Central RR Co
18,500
,
96 $0$
37'%
•367a
32%-
32%.
-
847a
*93%
"J.-:70"::*-
32
'
96
37
373/4
84%
37
*93%
96
377a
37
67
32 '.
67%
W,934-m
943/4
,
4374 '-'45-7
843/4:
84
~
j '•
1
i
93%
vj
36
■
•
83
39
44 %
Idaho Power
1,400
391/4
39%
3974
43Vi
393A
421/a
83
"41%
397a
43
39%
:
1374 July
1% Jan
.
1"
1
70'/a July
377/$
Feb
307/a
•^
?;
"pi *■*.»■
-1
7% Feb
.
367a Dec
7 26% Aug 21
No por
18% Aug.
Feb
63
23% Dec
1
54
Dec 31
8% Dec 31
23% Jun 26
20
Jan
10
100
No par
47% .July
:x—^
—:
10974 July
.
2
19%/Dee
Jan
297a pec 10
2
347a Jan
•
Deo
NOV;
1374 J*n
NOV 29
35
26
Aug
102
■
237a
Jan
Jan
Hupp Motor Car 9orp—
974
974
Feb
Jan
55% Oct
100
Hud Bay Min & 8m Ltd.
Hudson Motor Car.
16,900
357/8
3674 Mar
167a Jan
Co—No par
23
.-1a.-
Manhattan
2074 Jan
177a
50
257a Aug
1974
327a Dec 31
42
•17
-
127a Jan 22
Hudson
Dec
63 74 Nov 13
267a NOV 28
•
2
Jan
41%
...100.
Howe Sound Co...
-Mar
July
33% Nov 13
25
• Jan
35
Houston Oil of Texas v t C
preferred'
73
125
134
3
Houston Light & Power
9,100
..
Dec
2374 Jan
:
>.
331/4 ? 33%
333/4
9
•
32
Nov
277a Feb
89
Jun:
Jan
Jan
13
Sep 22
2
66% Jan
j '3%%
500
f,
23,500
2274 '
:
-f-v
v
97a
83/4
207a
,
335/a
3 9%
87
-8%
35
34 %
9%
974
1077a
107
io7%f 107%'
:,
preferred
$2.25
100
107. :
857a
"
Dec
;
.(A}...1.4~4—.-•«$
75% Feb
(170
.Apr
63
138
:
10
237a July
.
Apr
128
15
Dec
112
Jan
Mar
8
21% Aug 20
1,0.
6374
160
July 20
Nov,13
Feb
Household Finance com——No par
2,900
•
$ Sons
90 7
Deo
8'/a Sep A
;
.
'
75
123
par
P$per
138
Jun
July
97.
Apr
11574 Dec
8
Feb 15
8%
Jan
207a
15
.——5
Corp^
Jan
'
Feb
Holly Sugar Corp.
:
No par
Mining^...—^^—..12.00
Houdaille-Hershey - com
*N° pa,r
*
29s/8
29%
:
Rubber
22
Deo
,110
Mar
20% Sep
10374 Dec 26
927* Nov
9
189"
Aug 9
39 %'Dec 17
.
10
82
2%
10
Dec
July
Apr
99
72
Homestake
12,400
61
293/4
conv
Hollander
1,100
,
$4
2
Jan
130
.100
No par
Hires Co (O E) The^,..^.—
Holland Furnace (Del)„
11,700
247*
61
*6074
291/4
;
85%
8%
.
553/4
23
•
31%: 34
87a
,
317«
53
21
341/4
32
8%
267»
31%
9%
207a
3474
2674
2674
2674
21%
•
8%
20
19%
591/4
5374 £
61%
52
20
/
Hlnde & Dauch
617a
■:
26%
28%
85
20
517a
1,300
,700
1,300
3474
60
31%
60
85
2074
8%
■
10774
*106
L
8474
19%
.
35%
*33
527?.
i
i#
10774 '
84%
•
201/4
Hewitt
*35
...
......
preferred——XNo
1,900
353/4
.
'
29
28%
5274
.
28%
-
60
,53 /£ //X51/'/
8%
87/a
8%
|.
23
/
28
*52
f;
221/4
•
60%
»*59
10774
-.
207a
53
preferred
Jan
67a
■>
'
2274 Jan
170
—100
Hershey Chocolate
190
267a
32
52.
„5%
600
,v
139
139
29%
5974,
35
Dec
21
152
v
~~57/a Tan
104%
13
Dec
,
109
Apr
Jan
,
11,
1347a Nov 14
10
71% Apr
.
20
89
-
34%
5974
.
20% Jan
15%
138
16% Dec 11
7- 14
lOO'A Oct 24
Hetcules hlotors..^^...——No par
Hercules Powder
—No per
3,000
116
135
*87%
34-:"
-■
•
•
Mar 26
Mar 13
15
toon'-cum preferred—
;7%
31
*31%
,2274
343/4
5974
.2674
26
52%
26'A
3,800
353/4
36
34%
59%
'
29
29%
.
4
167a July
'102""" Jun
;
30
Nov
1047a Dec
•
Dec :
22%
~
2
Apr
14
4
30
6
11
4374 Dec 12
9
Apr
108
.
25
Co.
155
' Oct
98
v
Dec
7110% Jtn 12
29% Dec 10
7% Jan
/
3% % preferred_™I__..._....100.
Helmc (G. W>
400
38%
:
135
139
139
139
1*115
8874
88%
i
36
34
*135
88
29
/
•35%
*57%
j
32
52
i-.'i
i
35
3374
59%
*59
6
34%
.
*25'%
217a
i.
29
26'A
52%
%
29
317a
^52%
*31
•
136
28
89%
•
37%-
136%
115%
..
136%
137%
136
136
^33%
116
.115%
115%
*88
38%
116
37%
387/e
87
59
*257,
V:
"135
87
£:?£34;:'
34
*33
/
136
87
115
136
:
% 34 fE
34
♦135
87
Hecht
'
•
^38^
37%
37.
135
28%
200
'
*182
*187
"182
36%
115
*85%
1,800
6
..1
Co
Glass
12
'
89%
89%
89%
<89%
:
89
28
':■> 136
136
"27%
>
;A
35
105
Hazel-Atlas.
121.
9% Jan
1
33% ik*
Apr
157. Mar
1174 Apr
28
X30
10
100
Hayes Industries Inc
Hayes Mfg Corp
r 300
34%
1
Dec
Oct
152
27
27 % Dec 11
:
'
.....100
Jun 22
7 437a Nov 30
187a Jan
105
Co $4.25 pia__Ao par
Refrac
No par
preferred
Corp of .Amer class A
i
4%% preferred (modified)
41,700
133
*104%
105
,105
-
2
flat
70
: 14%
14%
103'% Aug
,,
Hart, Schaffner & Marx
10,400
v
.,9,800
'
•-•'89 a"-.
135
86
105
/ 2,900
105
133
;
.
34%
34%
34%
34%
105»
115
135
86
34
105
"
134
itfn par
2
Harbison-Walk
6%
' r 16%
16
2
1574 Jan
preferred-...^.—..100
conv.
33
39
2
20 7a Jan
Co
Hanna (M A)
>14%
13%
14%
14%
134
133
A%
5,700
27%
*103%
16
#
16
14%
14%
>• 134%
>:
♦182
■:4 36%
114%
"133
?..
89
*182
"36%
h:
105
"88
,
14%
33%
105
;
16
160
155:'
44%
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117
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207»
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10
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137a Jan
391/2 Dec
637/^ Dec 12
3J1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 44SS
163
Volume
NEW YORK STOCK
LOW AND
766%
68 / *
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243A
49
51
Nash-Kelvlnator Corp—...
15Va Jan 20
51%
513/4
32%
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35% Jan
23
33%
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333/4
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20 V8 Jan
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33%
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17
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1943A
28
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y
;/-/
For footnotes
see
St.
Louis.
Co
16% Mar 27
26%
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30
,
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30 Va
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31%
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National Biscuit Co—
1943/4
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y
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'. 18
18
page
207.
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84
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•
160
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RECORD
PRICES
SALE
Tuesday
••v,Monday
Saturday
8 per share
HIGH
1%
Aviation
Corp^
preferred—
29
Nat
183A
National Can Corp
Bond & Share Corp
9% May 26
13% Jan
24
23JA Mar 26
181% Oct
15
20 % Jan
23
13% Jan
2
[THE COMMERCIAL &
NEW YORK STOCK
'
Jan. 5
Jan. 7
;
Jan. 9
•
8
f per
per share
37%
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27%
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28
27%
18
18
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30l/4
105
RECORD
Friday
Jan. 11
Thnrsday
Wednesday
Tuesday
Jan. 8: 7
Blenday
latnrday:
Monday, January 14, 1946
FINANCIAL CHRONICLE
28
13%
i
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r
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119
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Dec 10
Dec 13
Nov 26
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43°/8
footnotes
see
43%
page 207.
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Nov
9l/4
Jan
,
Volume
Number 4455
163
THE COMMERCIAL &
FINANCIAL CHRONICLE
205
,
NEW YORK STOCK
RECORD
/:
-
■'
.
LOW
./••ft/Saturday
/
Jan. 5.'V.'*'j:!
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29 V4
non-cum 1st preferred
Preferred
ft
(Robt) & Co 1st pfd
Reliable Stores Corp
44
4
108 %
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Oct
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ft 19% Dec 10
8% Apr
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7% Apr
80% Jan
13
90 y8 Oct
8
18% Dec .10
2
145% Dec
July 18
Aug 11
Mar 26
111
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8
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28y4 Jan
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8
28
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137
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143
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Mar
ft
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6 3/8 Aug
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For
footnotes
see
177 •:■'
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37 3 a
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>
-
ftft-'ft v.- /.":6% ft 7 V'a ft
7%
/'ftft 34
34%
34%:: '/•" '*34% 3434
ft56 y8
fts' 56
57 Va''""*
57%
: 56 /ft//"'/
177% 'ft/ *176
178 >;/ •'.176
176 ">■:.;>.//■
37%
12 Vi
/■'"ft 47%'
7
23%
207.
4
12%
48 V4
20»a
59 Va
*23./ /
;
33%
39 Va
>
„'20%;
*:
23 Va
page
'12%
••'
ft 39%
59
>ftft
19% ..,21%' 'ft/ ;:./ 22ft'/
ft'';
55
/"';; 177
ft:.:/
:/';U
ft// ft,/: 47VB
r
58 %
83 ft
83 % ft
V 83
4 *36
>37%;. ft ft 37%;
'ft'. '"ft'ft; 16% ' 17%"
16%
6 % ft
6%
6%
ft/ft: 6%
34%> :••"-. 34%' 1 34%
34%
54% •";•■
*54
55 ft
*175
20%
56
82% 'ft ;ft
ftft
-
38%
*23
-
37
177'
•
>
32%
33%
32%
•12Ya. '•
;/ 46 %
38%
19%
,57V4
;
32
•'/%>/ 45 Va
19%
*22%
:,V
-
11%
ftft.: 19%
63
102 y8
Dec
12 y4 July
88
19
Jan
85%
Apr
12 ft:
40
18 ft
28
Jan
ft
36
May
Oct
106
8
Dec
Dec
16%
100
8% Jan
*
Dec
Dec
15% July
35% July
39% Nov
13
2
2
10
Sep 22
Jan
23
56
Nov
16
28 ft
Oct
23
109% Nov
114% Jun
9
115%
3
108% May
;1
113 ft?
v
Nov 21
29
115
Nov
110
2
Dec
37
Deo
45% Nov
13
Aug
Dec
9V«
14l/4 Dec 10
41% Aug 31: ft 124% Dec 29
x42 % Feb 23
ft 61% Nov
2
65y40ct
31
Jan
8
71% Dec
22 y4 Aug 21
•ft
No par
7
Mar
14 % Dec
'35 Va Oct
23 ft
17% Mar 26
107% Oct ft
15
30% Nov 20
6'
40
Nov
20% Sep
3% Jan
10
25% May
8% Dec
7
.24% Oct
15%
18
114
1
Shamrock Oil & Gas—.——.1
ft
7% Sep
26
Sharon Steel Corp
$5 conv preferred
No par
No par
ft16% Jan
22
Bharpe & Dohme
No par
No par
No par
;
$3.50
conv
pref ser A
■
45 '•"
•
ft 21% July
Jan
23% Dec
46% Nov
115% Mar
No par
►
x
40%
*56%
22%
'
.32%
19%
61,200
ft 16,800
ft ;
590
12,700
*
*38%
57%
■
20%
44%
■
10 ft
117% Dec 12
19% July 27.
Serve! Inc common————1
ft ft $4.50 preferred
No par
33 - i-34%
34",
34%_
, Ift34%> >•34%"
;
99% 100
loo ft loo;
99% 100
ft ftft>25 ft/ 25%;
237/a ft.24%//# .ft 24%
/ 25.. v 25%
*77 V. 79% ft ft- *77 •'•
79%. •'••:• .'"*77:;"-. 79% •• ft *77
82 ft ft;
22
ft; 20 y8 21
22 Va
/
22% /./ft
,21%
22-'
22(4
72 /ft ">74%'ft/ "■ft 72%
69% >70
70
73
>'
,»■
72
-j'.: '...99%'
69 Va
11%
M
Dec
:
Aug
Jan
0%
Nov 21
V
27
Jun
Feb
24% July
'
17
6%
177
>:
20
22%.
ft.'
C
-/
45
40'/a
Apr
10
Jan
8
Dec
99% Nov
Mar 26
.
37
i——100
Seaboard Oil Co of Del
23%
24 Van
69
10
•ft 87
13
110% July 25
8 Va Mar 27ft
v
1-lNo par
w
Seagrave Corp
;: 22%
98% ft-99
30%
19% "•/
*57 ft'
■ft'
'•/:/,:
11%
ny^
44%
ftfft *38%/
>'
32
"
Dec
23%
X83% Mar >
8% Apr
-
13%
24%
*77
%
Nov
•
113%:
ft 'ft-ft 20%
14% Apr ft
Dec
18
7t:
19 % Apr
(The)
Jacob-.
preferred-ft.—«.100
Savage Arms Corp
5
Schenley Distillers Corp.
2.50
Scott Paper Co—-—No par
<4.50 preferred
No par
$4 preferred———iui—-No par
eftft'37%> 38%
•
:
85%
24
16% Mar 27
5%
14%'
*56
114%
35%
Co—«—
8t Joseph t«ad—
Safeway Stores—.—^-5
113% ,113%
ft,70%
12%
.22% '
54%
13%
*113%
-
69
•;
121% 125%
*56
57%
35%' 36%
22%"
23%
Nov
24% Oct
.
Ruberoid Co
Rupper t,
26 V*
113
.v:;54%
*109
;
Royal
34'/a
25%
■
Roan Antelope
46
34
*112% 114%
29% T- 30%
:
-
69/
•
j. ft/ >32 //ft
:-■>
>
115
14% Jan ft 2ft
Tob class B —io i; ft -31% Jan
2
ft—--—/ ——10 ; :>'ft 37 y8 Mar 13
Preferred 3.60% series--- -—100
ft, 99% Sep 21ft
Richfield Oil Corp.,
Ritter Company
.
ft.:. '20%
i
"•
303/4
Jan
:
Feb
6
102 y2 Jan
;
Feb
155
;
11%
33% Dec 10 ft
-—100
preferred
Spring
conv
Rheem Mfg
29%
11% :/
*109
13%
23%
23%
ftf
50% Jan
10
ftft
__—
.':24"ft'ft
21%
ft ;
Dec
18% Dec
19% Jan 22
ft/ft Common
,600
.
29
Jan ft
18
7
102% Aug 10
7% Aug 20
.-
Reynolds
Reynolds (R J)
19,900
45%
3
ft ft:
.No par
100
Reynolds Metals Co
420
5
15% Jan
.
.No pat
Revere Copper & Brass
ftft/ 5%& preferred—a——1 J.
2,100
41
*44%
*104% 105
,
T
,
.
17%
29
34 y4
*56
37 y4.
113% ftft ft *111%
,*111%
.45%
105
28%
5ft
•
119% 123
36%
22%
>.
117%
22% ftft;
40 %
46,600
ft:
24%.
ftft
16%
113%
12%
13
68 %
■ft
^
24
53%
35%
67 %;
29
'/
113%
ir-0,vftft
.*12%
-
.ft'
:
37
39%
45(4
25%
•ft
-
58
tttfSltl
67%
"12%
32
113% 113%
.
34
■
28%
119%
*109 ./ft
■
—
28%
54%
57
*112% .114%
,*109
,40
22%
35
lllVa
23 y8
23%
' ft.
16;500
107% 108%
;.
30
37 J/a ft 39 ftiftftftftft ft 9,300
35%
117%
,
105 y4105 y4
11 y8:
12%
V 118
:
39%
34%
34%
111%
108 %
•
23
*43%
16 ?8
32
12%
58
108%
117%
22%
24%
16%
25%
26%
113 ^ 113%
,
35 y8
117%
11%
28% 128%
44% 1 •■/ft::/ *43%
45 y4
/
••
23%
ii y4
f 31%
25%
23 y8
34%
34% •>35ftftft;ft
*111
111% ft
23%
23%
;
110%
39%
28 3 4
'
114
23%
28%
ftft-; 44%
ft 54%
25%
*113
112 y«
99% Jan
1
13
.••i-w,
28%
•
35%
&
*107y2
*45
"45% '
105% 105%,;
16%
28%
307/i»
38%
,
24
ft/'ftl-lft/ft
.
29%
a-
45% >
16%
29%
11'% ft
*29%
33 Va
*111
*108'/a 111%
34
34%
114% 116
21%
22
105%
•23%
16% ft
32%
111% 111%;
21% '22% ^
21%
45%
/
90
10
Inc
Dec
July
50% Dec
'
22 % Jan
111
18
5
50
Preferred with warrants
Dec
Dec
1
Motors,
July
10% July
107% Jan
•43% Dec
Remington-Rand
Reo
12
80%
ft 25
Nov
ft 38'/a Jun
6
105%
v
19%
6
16%
52 y« July
18
Mar
Sep
Jan
Nov
31% Dec
21%
.
103
Jan
22% Deo 11
2
19% Jan
Dec v'
Jan
35
15
34% Jan
Oct
37%
14%
112% Nov 29
7% Mar 26
16
18%
109%
Feb -v
3
33
Dec
Jan
Jan
119%
15% Jan 22
103 5-',
Dec
87 ya
8
Jan
18%
90
10
44% Dec
113
1
Jan
Dec
July
113% Nov
118
3
31%
ft
13 Va
59
Dec
3
21%
21%
*108% 111
Tfti
May
122 y4
22% Jan
30%
tft
ft 52%
May
18%
Jan
10
111
i'v
11%
ft
20
43
Republic Aviation Corp—-1
/
13'A
113%
Reliance Mfg Co
16%
■;
25
Apr
Apr
xl48%Novl4
,*101% 103
J 26%
26%
ift
m.
19% July I
Jan
Nov
35 %, 35%
,
•
Sep
Oct;
113%
Jan
ft
100"
Reis
16%
19%
8%
ft
14%
Jan
8
* May
23% Jan
Nov
104%
65% Oct
91
Jan
Deo
22% Aug
175
Nov
10
24 Va Dec
50
—
Nov
22
;
Reading Company™———50
110%
v
138
24
,.
61%
73
Jan
Dec 26
17
10% Jan
ft 78% Jan
1,600
25,600
Shattuck
Sheaffer
(Frank G)
(W A) Pen Co
Shell Union Oil
5
Simmons Co
Slmonds Saw Si Steel—:
No par
No par
Sinclair
No par'
Oil Corp
Skelly Oil Co
15
Steel
&
Iron
$1.20 preferred
20
No par
Smith (A O) Corp—-—
10
Smith & Corona Typewrlter.No par
Socony Vacuum Oil Co Inc
—15
South Am Gold & Platinum
1
Southeastern Greyhound Lines..,—5
South Porto Rico Sugar
8% preferred
:
Southern
California
Edison—
Southern Natural Gas Co
Southern
No par
100
25
7.50
Jan
21% Dec
May 15
13% Jan 23
•
Dec
Dec
10
13
May
Oct
17
63% Jan,
.
25% Nov
7.
*
79% Nov
8
22% Nov 27
9
Dec
18% July
78% July
.•14% Mar
11% Sep
72
ft
!
Jan
76%
9% Jan
Oct
5% Mar 26
oct
9
48%
Jan.
36% Dec
July 23
24 ■' Aug 21
15%
70% Nov
59
ft
26
28
100
:3ft
74
15
—
-
T2% Mar 27
No. par
Silver King Coalition Mines
81oss-Sheffield
78
61%
Dec
3
20%
Sep
28 %
Apr
12% Dec 26
3
May
:
f
7% Dec
ft 32% Jan
2
46% Dec
3
24%
Apr
30% Feb
35%
2
.,44% NOV
7
23
Apr
31 y4
Dec
21% Dec
11
10%
Feb
10 <\
Dec
Jan
14% Aug 22
i 41% Jan ft 2
l'
.
65 % Dec
22
;
29% July 27
13% Jan
2
;
7
22% Dec
11
24% Jun
15% Aug
9
22% Jun 22
48% Jan
5
96 *
Dec
3
35
Sep
42%
13%
Apr
Jan
18% Jan23% Jun
29% Feb
54%
Deo
40% Oct
16
23
Apr
31 %
Dec
18% Dec
10
12
Jan
14% July
7% Dec
5% July
21% Deo
4y4 Aug 20
20% Aug 20
15
3% Jan
36% Dec ft 8
60 Ya Dec
20% Dec
.28% Jan
155
Apr 20
,26VaJan
2
17
Jan
20
38% Jan 31
Sep
22
40 y8 Apr
4
1
Dec
8%
27
126
47'A Jan
106
6% July
9% July
100%
J*} ,11
"
ft 4% non-cum 2nd preferred
Real Silk Hosiery.
*109
*28 V4
1
175
10
115% Dec
3
—25
27%
..
ft l2iy4 Jan
:
Apr
Sep
45
Sep
57% May
11% Jan
8
27% Nov
;
4
No par
—1
•'$'
25ya Dec
16
Jan
Jan
8%
11
Jan
pfd—100
45%
/:
120
•42%
'
~4%
10
2
100
50'A
25%
120
'/
27% Dec
,
8
112% Oct
Aug
3
106% Jan 30
1
———...
;ft30% Dec
Jan
110
Dec
Mar
190
3
17
•
17
171
Apr
82
9
Dec
3 ft ,ft 33% Dec
24 % Jan
•
Nov
Jan
6
ftft
ft
90
Jan
26
Jun
102% Feb
If
"!um
Jun
43% Jun
ft
No par
No par-
Feb
11%
16% Jan 22 ft ^ 26% Dec 10
55 ft Mar 27 ' ft; 66 Va Nov
1
ft
10% Nov
183
26
22
ft 12'A Jan
,
Dec
Apr
10
188
ft- ft 17J/a Jan ft 2'ft
100
29%
I
51
27% Deo 12
ft/ft
108
7%
68%
8
69% Jun
ft Jun
9
12% Jan l9
No par
—
/
ft
17
■
..I
No par
Raybestos Manhattan-
28
ft
15% Dec
ft. 91
No par ,i
-.No par
preferred
Rayonler Inc
ft $2. preferred
37%
-
26
Dec
<
117 ya Oct
2
1 ft ;
Ralston Purina Co 3%%
24
37%
conv
-
20
No par
1st preferred—No par
conv
ft»
.
*45%
6%
V;-, 109% 109%
45%:ft.45%
,
,37%
83.50
2
Jan
conv.
Radto-Keith-Orp"
4
Mar 10
ft Feb
Radio Corp of Amer
91 /ft
18%
141% 146 ?
V
110%
43% f. 43%
,23%
23%
37%
38
22
37 %
'
*109%
42%
v
140
*90%
17 3/4
6% Jan
8 Va Jan
'
21
Quaker State Oil Rel Corp—
■.-r18% ; 18%
3
25% Dec
68
par
No par
Feb
105% Nov
205% July 9
44% Dec 31
12% Dec 10
.198
preferred.,——100
Purity Bakeries Corp.——Mo par
1.300
TOG
17
7%
;
(The)
23%
Nov
ft 23% Now 26
ft
No
.
48%-July
14 y4 July
28
July
164%
99
o
117
Sep
Apr
Sep 28
11% Dec
;
49% Mar 27
,
9
13
16% July
Jan
42%
■
28
100
.....—-
preferred
ft
Feb
X98
6
37% Nov
126
100
(The).:
Si Gamble
Dec
108'/a Feb
•
2
\
preferred-—,100
preferred—-——100
8%
ft 35
•
11%
.
6
27
100, .ft
100
.!
pfd
Pub Ser El & Gas
pfd S5
Pullman Inc
400
,
'
6%
1%
26,400
21,900
111%
33%
23%
./
.111%
33%
pr
Pub Serv Corp of N J
$5 preferred
320
450
ft
ftft: ft .115'
,
Procter
1,580
,
134%
144% •144 Va
.23% /
111%,
111%
33%
115% ft
05% ft/'ft
•
23%
112
114%
115%
.
64y8
23%
112
115% ftft
A
Poor & Co class B
46,700
;
conv
Dec
59% Dec
31
Jan
39% Dec
—100
Pressed Steel Car Co Inc
4,900
134%
,'.-•,'•143%
133%
144%
ft
23
15% Jan
190
No par
No par
Plymouth Oil Co
;
Pond Creek Pocahontas
15.800
124
-
85% Jan 15
20% Dec 17
10
B
class
plough Inc—
32%
26%
.
124%
144%
114%
ft"
67%,,.
.
114% ft
125%
64%
ft 22%
22%
*111% 115
32%
33%
ft
25%
67
,
Plttston Co,
800
ft'26%
26l/s
v
Co....
Pittsburgh & West Va
Pitts Young & Ash pfd—i.
13,400
:
25%
24%
-
126
143%
ft;
66% ft
24% 'ft
23
*30%
26% -•26%;/!;;,
62
22%
32% ft-.ft
preferred
•ft" 5% % 1st ser
3,600
.27%; ft
;
25%
133
,
*115
■ft 61%
.
*30%
21%
*26%
ftft",
;
24%
114%
132%
•
32% ftft
25%
23%"
66%
25 «/4
125
*
'■
/ 25%
5%
('ft, >, v»
ft
ft
l
Pitts Screw & Bolt
430
33%
.
Glass
Jan
f per share
13
Apr * 6
34% Dec 13
2
8% Mar 26
r
100
Pittsburgh Steel Co
ft 1% preferred class
20
ft 5,130
t S*
'
Plate
11
Highest
share
per
113 1
111 v. Mar 29
44% Jan
Sep
t
..100
preferred
Pitts
20,700
i.
89%
32%
.
ftC .'
26
23%
i25y4ft
133
;
24%
*30%
114 Vm
ft ft
27%
23%
65%
144%
•
115
*111
;
123%
144%
ft 115
61%
61%
,
ft" 113% 114%
22%
27%
Vftftft'
74%'
89
'ft
14,500
34,100
17%
72%
'/ft;
25%
24%
65% ft-:- ft
24 Vb
.,
.132%
115
ft-.-
ft
133
144%
;.
,
ft: 23%
ft
23%
113% 114%
124% 125%
;
65
•
,20%
24%
33
ftft 22%
..
'-24 %■
24%
12
7%
par
74
-
Lowest
■
$ per share
Jan
2
ft. 105 > Sep 29
ft 118% Aug 20
100
—-No par.
Coal Co
l "
Pittsburgh Forglngs Co..
Pitts Ft Wayne & Chic
Ry
V-"-J—
■
ft
Year 19 44
v
Highest
share
per
25-.':;., 25
conv preferred
Vft
-ft'
-ft
par
..No
No par
ftft $5
1,700
;
100
5 ft;;
160
.
ft. 130s,-
*198
20%
iT''
•'•
45% ft/
17
31% ft 32%
27%
—
11%
90%."; ;
20 ;'
W'•••
130
ftft ft;
27%
>.
"
fjftv:
ft
75
ft
44%
■■
ftft i,
*198
^^':ft
i
''
ft.
■■
56% July 24 ft
r 107% Sep 11
~
14% Jan 20
No par
Hosiery
12,400
24% ft
*203
:
17 Va
•
32%
Vs-
*197
.'
•:
■130'.
ft ft 72
86% ft ftft. 87%
*198
18%
16%
71%
.
;
19%
1 19 Ve
;
11%
12
*123
ft'
24%
V.!
•
44%
16%
130
-
85%
'
;
.15%
*123
:,
•
ftft '
'''.'ftv.'-
44
>
12
67%
85%
*197
>'15%'ft
130
ft,
14%
-ftft-ft:
68
2 4%
,
*203
-
•
44%
••
'ft ft .11%
11 %
24%
*197
-
ft 44
43%
r
24% .ft
*203
ft*—'-
10%
14%.;*?»
•123
66%
ft.
24%
ft *197
24%
,
■ft 43%
11% ■■ ft:
123
ft
.ft
43%
14%
14%
130
84%
ft
r.
*203
,43%
10%
66%
: ft
.Vftft'
*203
43
ft
24%
••
ft-ftft" *
100
—
*
ft "ft *24:
lowest
5 ><i-
Pitts C C & St Louis RIt
Pitts Coke & Chemical Co..No
/18,600
,'
.
Par
Pillsbury Mills Inc
ft $4 preferred
io
-
preferred
Pnoenix
135
ft
Co
i
Phillips Jones Corp..
6.700
;
&
Range for Year 1045
ftr-'v/ft.;•
.ft ?# preferred™*-,
Phillips Petroleum
1,400
,11% >12% ft"-
4%
ft.
ft 2,600
ft V'/ft:ft22%. ft 22%'.'
22%
Philip Morris
..••;; ft','yViftft40-
58
♦125
11 Va ft 11%.
104
22%
ft
••
ft
35,'
'125
.
*125
..
Shares,
ft"'ft40Y'"41-v ft
34 % : '■.ftftftft 34V4
34%
107%
•; {TT08% ;i07% ft
; 34
*
ft ii%ft 11% .ft; ft..
104
."21%
58 VB
113
-
125
Range for Previous
YORK-STOCK
EXCHANGE
ft'ft: ftftft. 5,000
.ft
69
35
.
.ft ft
•
d
40
"
*125
n'A
*103
34% ; ;ft
'
.
=.
4Q
40.
107%
135
;
ny*
34 Vz
125
57%
>58 ,;..•:•■
34%
107%
*120
ft
*33
39%
33%
113
125
.ft
.
ft'ft/- 68%
'ftft, *109Va
NEW
the Week
$ per share
70%
*109%
Sales for
-
Jan.11
per share
V 69 V4
*109% T13
,
57
f
ft-ft
70
•
Friday
Jan.10
v-
•
69
,38ft..;
:,,'333A ;
•
'■
36ft '.ft
.
Thursday
per,shared
•
113'/a
56%
,
33
Jan. 9
f
67%
•121%.125
...
.
'313a
66%-,
:
*109%
35
,
•32%:;.. 33%;
*121% 125
:
56%/ 567/8
125
56
>ft"
113
"ftft
Jan. 8
A
PRICES
Wednesday
...
i1,, $ per share
66
.
-Tuesday
,
per share
65%
*32% ..•35'-":r
•
i
.ft#
per share
65%
Monday* 'ft'
ft Jan*-7" ft"
AND HIGH SALS
180
37
1
Nov
•
29
Nov
16
141
22%
Jan
Apr
45 y8
162
Deo
De«
26%
Oct
24% Dec
11
13% Jan
17 y4
62
20
Aug
23 Va
43 y«
De<
Nov
J&£
Monday, January. ! 4,- 1946
tOMMERCIAli ^^
THE
Z06
STOCK! RECoKD
NEW YORK
>§
;
Jan. 7
Jan. 5
t per
84%
91
19 Ya
19%
11
10%
18%
18
.;
10%
*17%
,;"*88%
*41%
42 Ya
42
> 35%
353/4
>
24%
94
'94%
*39%
*114% 120
31 c 5 31%
*120%
122
118
120%
135%
135%
135% j
47%
47%
>
47
•
-f
23
44%
45
1
42 Vs
43%
106 :
24
t
>.
21
21 Ya
21
21%
21
31%
31
31%
31%
71
123
71
71
123
21%
21
32 V*
32%
32%
•*126 V4
*51
38%
37%
33
37%..
37%
■■
?■'•!'% >
32%:
33
32%
33
32%
i....
39%
39%
39%
39%
39%
■■
12%
12%
*11%
12%
11%
*11%
12
'17%
17%
17%
109%
109%
6OV4
60
9%
9%
17%
109
60%
\
'
•
48%
14%
603/s
*112
>
9
17
17
61.
63
113
*112
'»
46%'
62%
20%
47
46%
62%
;
21%
21%
108%
,
*107 3/4
47%
47%
20%
62
109
28
28
29
'
: v> 16%
16%
•108
64%.
?
66
109 ?
>483/4
483/i
39
.
V
40%
50
$2Ya
1
10%
42^300
"4,100
1083/4
49 Ya
?
?>:.65;>1 ' 65Va
151
131 ?'
31%
2,900
103/4'
11%
39,400
16%
16%
42V4
:??4i%
43%
*16
<57
44
55%
54i/4
54 Ya
54%
106 Ya
106%
*105%
16 Ys
16 Ys
!
21%
213/4
21%
73Ya
7334
74
74
74%
»? 23%
233/4
163/s
173/s
r
<»
165
*157
165
»157
160 Va
54%
531/2
53 Ya
53%
22Ya
23%
23 Ya
24
24
74
74 Ya
751/3
22 Ya
9,600
410
'
53 Ya
3,'640
24%
75%
77
25 Ve '26 %
>*114
114
?
1,600
7,600
25%
25
103 y*
*114Y4
.402% 103%
1
114% 114%:
105 Ya
106
107
*115
116
25 Ya
113 V8
?
.
143
Dec
25%
,
107%
21,700
'
130
106%
115
.
*115?
116
26 Ys
146 Ya
150
1481/a
149
149?
115
<113%
114
113%
42%
41%
.
41%
41V4
41%
»: 51Y4
*1133.4
?
»'t.
114
113
>>
?'
■
80%
81?
81
80%
114%
Union
2,400
41%
> 118
>35 »
>33
36
*33%
81
-
80 Ya.
*80 %
■
179
54
53%
179
178%
37
"
>>> 37'1?
>-*113f
.37%
;
118
*
81
*113
>80?:
81
35
35
.
118
*113
*170
11%
11%"
25
25
>
'
4%
& 47%
>:r 26%
4%
25%
v
1*76%
1
79i/a
16%
16%
1- 49
52%
IIOY4
233/s
51
>'
110%
23%
23 %
'
*108% '109 V8 ?>
*11%
1134
23%
12%
73%
*16%
49
,
110%
4%
»1>48%
48 Ys
27
12 Ya
12 Ya
"
23 Ya
:>? 51%
*10834
5' llYe:
12%. 1
■1251;,.:.
12%
; 12% >12%.
24%
24 Ya
.
35
12 Y2
123/4
24%
243/4
4%
:
"
■
4%
>
4%
4Y+
48 Ya
48%
48 Ya
26
25 Ya
26%
12%
4
13
12Y4
76%
16 Y4
?
17
.:?>
,
4Ya
109%
.112%
V
11%
.
>.
:
1,100
-
?
,12%.
25%
■
8CU
12%
26 3/4
79
'
17
12%
.
10
17
?
.
79
-
17%
,
,
53 >■?
53
115
..
52?:
115
52 Ya
•
107
107 ;
*23
24
For
!■•••
?■;??
23 Y4
107.
; 24%
24%
107
107
•
25 Ya
?
>
25
24%
52 34
51Y4
2.400
52% '
*109
12%
109%
123/a
109
*109
107
107
1
107
24% ?
'."24%
.
26%
107
27%
27%
107
23%
>?
footnotes see page 207. ;
24
> 24
>•
""
25.-
25
24
;
27%
107
107
'
United
;
!
12% :M2Y8
25 Vi
;
:?
1,900
10.400
1.010
.? 2,200.
preferred———100
Drug
-par;
Co—--5:
Electric
Gas
5
Coal Cos—
Fdy—
3
No par
Improvement Co.—13 Ya
United Merch & Mfrs lnc
7,700
Vi'.
12Y4 Jan
24 %> July
50%
58 ? July
9% Nov
coth——1
preferred
-—,—100
United, Faperboard———10
>/, 6 %.
U'S
Foreign Secur.—No
par
—,No par >
Freight Co————No.par
>.:$4.50 preferred
U'S
16Ys Nov
;,15V«Mar
?
19% Dec
66% Nov
Jun?
13% Mar
8
Jan
49% Oct
18
Dec
Dec
3
Dec
10
10 Ys Dec
1
40% Dec
18% Mar 28
3
12
>45% Dec
1
34% Mar 27
May 22
.9% Jari
3
8
106% Jan 13.
102
7
Dec 26
Dec
16
.
146
112% Sep 20;
Oct
Dec
56
52 V2 Dec
9
3
11% Dec
,>29»'Den>
Apr
Jan
Feb
85.".,'' Jan •
8% Jan
> 15% Mar.
183/4July >
5%
.
Deo
105%
•
Dec
20 a/4
>
Dec
102 V4
Dec
28%
Dec
35%
Dec
105V»
Dec
Feb?.
■■>28%:^jari:??;
85
Jan?
5Ys Jan
.
HYs Nov
.
Dec
21%
8
Dec
62% Aug,
.
Jan.-
102
NOV 21
109
,
Jan
43% Apr
•?;8%
17%
12V»
3«A
14
79
33
38
25 f
.
Oct .1
23?
Feb
13
107% NOV 23
52
Dec .14'
66
5% Aug
34 : Dec
,17
July
18% Mar
Dec 10
.
.*
.?2>/;jan :> '
26
2
14VaJan
liVsiDec
11%
32%
93/4 pec
25
26% Mar 21
42
Dec
19% Dec
10
61% Jun
-
Jan : 2
,
94
4V» Jan
1.
Dee
112 Va Nov 27
Mar 26
101% Jan
Feb
SYs Jan
•1% Oct
7
Apr
Jan 13 >112% Dec >3
103
171
Dec' 26
10% Mar. 2?.
9% Dec
;?
lit
>58%;?Jan?:?
Dec
8
:>?25%:pec?:7-
26Ys Oct
24
14 Vt Jan
27>
xfl0V4 Apr
116
lll3/4 July 11
20% Jan 22
»i%1 Jan-'f
16 V* Deo
24-
100% Jan
Aug
20
Aug
20
Sep
12
31 Vs Jan
22
29
,
104
118 ' Jan 22
22% Mar 22?
.109% May 25
.
?
22
5
- Jan
IOY4 May 26
.
89 Ys Mar
133/4 Jan
22
-
Mar,
106 Ys Oct
Yl? 6% Mar
38% Dec li
120
Dec 11
62% Dec
3
200 Va Dec r3
8
118
30
20% May
110
Mar
61
Dec
26
22
Jan
Sep
36%
Dec
123% Dec
,
24% Dec
114
Jun
I May
36
Dec
Nov
110%
;
1
6
Dec
33% Nov
Jan
27
.
Oct
„
?>lQ44>Deo>
Apr
Dec
70% July
Y 28
Oct
3
15
1% July
1% Jan
:
>v Nov
13
50% Nov
10
31s/s
Apr
42%
Dec
4
12Va
Apr
17%
Dec
5
14% Jun 27
88 Ya Juri 27
17% Dec
3
52% Dec
8
120
Oct 15
25
Nov 27
52
112
16% Apr 20
:
Feb
22 Ys
102Vs
Jan
114
9
11% Jan 24
23
Dec
40
1003/4
jun
20% Deo
25% Jun
19
103 Vs Oct
■
Dec
Nov
29 3/a Dec
9 >
26
115
Jun
••
31
20
Feb
Feb
13
5
66
1093/4
92 Va
25=54 Nov
22
;> 33 Va Jan
119
26
?
2
9% Jan
Feb
Sep
2? 1?
15 Ya Jan
113
Jun,
15%
Jan
20
:l% Jan?
823/4
17 Yi
July 26
'» 38Va Jan
Sep
82.
2
26% Feb
73/4 July
29
6
66
76
93%
2
Jan
66
•.
Jan
51% Jan:
9% Feh
151
Nov
8.
112% Dec 19
45% Nov 27
'
■
,
27% Dec
25
.109 % Jan
29
"102% Dec >1
117% Jan 231
24
;; 78% Jari
Oct 19
,77
3.
589A1Jan
*
100
Inc.**-—.,—,.-10
United Engineering &
United Fruit Co
3,100
25
52«?
United
United
17,000
24 Va
'
«23Ya
100
6,300
>:
.
115 Ya
{
.
2,100
1
35
:Jan 15
5
preferred—
-United Dye wood Corp——-*
'Preferred -—---i-i-i.-——100-
'
1?114%-
109 3/«
121/4
>
8% Feb
17% Jan
6
18% Jan
Dec
20
22
Apr
26
.preferred..
I' "?83 preferred
'
15,600
1
v
,
24 %
13
5.800
V
29%
16
20% Jun
■
Co—> ;-^i-iuNo: par
United-Carr Fast Corp
—No par
United Cigar-Whelan Stores——30c
?
Prior preferred — *
20
United Corporation
—No par
127.900
50
conv
37% July
31% Nov
a
Sep
50
1
6Y4. Dec
Apr
Feb
:. 55% Nov 27
22
34 Va Jan
Jan
50%
Feb
32%
14%
64% Dec? 7
101
Oct
July
4%
0%JVIar 27
,
—.No par
8%
12
';44%>8ep?
-
31% Dec 15
61V2 Dec 11
18Ys Dec -6
104
Oct 15
15% Dec
7
United Carbon
200
.
5
25% >26%
16Y8
'5%
8
Dec 25
62
2
8% Jun
4% Jan
10% Mar
53% July 24
i
i_100
Tank Car-^.,——JVo par
conv
6
5
1*93% July 19
California————25
Pacific RR Co--«*.^»~u^-100.
non-cum
11
44 Y»,Mar 29.
8% Apr
6
>
'
preierred
100
cphited Biscuit Co--, y--^--»;Nd : par'
900
24»/4
,
49%
*12%
52 Ya
>*108%
'
•
245/a
4Ya
Dec
Jan
7
Dec
13% Dec
>19% Dec
110
Oct
?14
14%'Mar 31.
"'•>4% %
1 36,500
12 Va
12V8
26%
*77
52 %>
>: 52 •>
*108% 109 Ya f ?
12% »,
>
81%
49%
13" ;?
114
23%
52 '/a
1,700
.10
25%
17
51%
,23%
51%
%
118
491/4
79 Ya
>
17
;
23%
?
4934
26 Ya
?: 79%
112
.111
23 Ya
52
50
.
$
'
"
74>
16%
43/41.
'
48%
il?; 12 V2
74"
j.
50
,?
26
.
:
.
;1
110%1 ;
4Y8
'
"
...
49 Ya
:■>?•
24Y4 1 243/4
-
37 Ya
.*33'/a ?35%>>>
>
Jun
8~>
...
United Air Lines
.
81
35
?
123/4
,
v
'
37%
5%
300
15,000
700
180
178%
37%
33%
l%ifar
30% Jan 30
;;;v„
120,900
35%
35
>115If 115 ./ >
53
541 >: ■-
114%
.
24 V4
49
37
*113
? r
172
118
*112
'
*
168
?
'
115
11%
1
353/4
.'??; 36
170 Va
343/4
36
*33
36
35%
■
115
? 54%
53
53%
51
'
36
.
*1133/4
;
13% pec >11
T
18
preferred^?—50
•
,
.
v.-,
4%
300
-
170 %
,178
343/4,
34%
52
51Y4
51%
'
*165
35%
35%
34Ya
34%
115
'
2
12
25
'34
*113 Ya
115
8
Dec
S3
33V« Jan
Apr
27% Jan
10% Dec
133/4 Jan
-
'
34%
33®/a
•
>112 Ya
26%,;"8eg'.'
ff%«>an
26%
38% May. 9
43% Nov 30
Dec
3a
27% Jan
39Yi Nov 20
6
Feb
64%
'jriiDee.'
Apr
29 > Sep;
51 Ye Nov
5
;"
•62
19%
Dec
25%
66% Nov
2
Vs Aug 21
'
—i
Union
2,200
113%
•
113 Ya
41
39 Y4
Aug 11 /
2
2
105% July 26
Union Oil of
12,100
150%
*113%
>'
146%;
120
;
*115 >116
26%
26 Ya
1153/8
26%
lOYs July
5
'
.
26%
x23%
*113
39%
39%
39%
146
113
115
?:
*115% .116
26 Ya
23%
143
■
113
>:115
116
*115
>114 Va 115 Ya
•25% •253/4
1
144
39%
102Y4
115%
101
Ya
*112
253/4
Oct
6
11% Jan
tThdei wood? Corp -♦—»—No par
Union flag & Paperpar.
Union CarhJde & Carbi—^,— No pat
Union El Co of Mo 83 pfd^i-No paf
Preferred $4.50 serleb
.No par
■
114
*141
>25%
24 V4
24
23% •-24?:
101%:
lOOVa
:
42% Dec
pfd—-----—50
'4
-
Oct
7% July
8% Jan
17% Jan
6% Jan > 2
prior
conv,
■.at-is"
75%
.
64
128
«% Feb
10
48% Jan.
Twin^ Coach Co—
:•
.74%.
Jun
J8n
3
Dec
Pat
?
6,800
'
'
Dec
preferred,?—
20th Cen Fox Film Corpi—No par
tgl,50 preferred——r~^. .No par
$4.50 prior pta———-±.No Par
Twin City Rapid Transit—-No par
;2nd preferred
——->->^.106
.100
.17
1573/8
>1'?•?!
.114
div conv
Truax-Traer Corp.
Corp.i,-*
14,100
•
106%
163/4
54
121
>
9% Dec 10
23% Dec
6
33
Dec 26
363/» Jan
commcn__—-^>-1
Tubize Rayon
-
41,900
:.
.
55 V2
■
11 53 V4
•
>100"
443/4
s
433/4
.
6
16
127 Va Mar 24
:
Dec
12% Dec
20 Vt July
8
v
Dec
73 % Nov
7% Jan 16
7Vs Jan
3
;
10,400
.
107%
43%
55
-?
157
•
?53%
21%
42%.
41V4
107%
80
5,200
16 Ye
16 Ys'
16%
42
*107 % -1071/a
;>
1U%
44%
16%
53
21%'
31
*105% 106%
.54 ?
53 Va
•'
51
163/8
40 Va-
>107% 107 Ya?'
43%
50%
52
51
3,100
111'/a
183/i Dec
109
19
Feb
7% Apr
13Ys Apr
333/4 Dec 10.
40
trlansamertea Corp^—
Transcont'l & West Air lnc
—5
Transue 81 Williams St'%
,No par
Trf-Continental. Cor p—.-I;
14,300
69%
112%
112%
*111%' 112%
lOTYs
403/8
,,15% >16% :?
154
187'%
'>
151%
21%
11
27
17% July
13% July
Jan
9% Feb
137
'
68 V2
?31%f
11% July
arvkDec"
Jan
15Va
3
Apr*
Jan
08 Vs July
'
^Tld»vWitec Associated Oil«~— f-li
18,'900
-;,i7o " ;> - $3.75 .-preferred
—£.No par
Tlmken Detroit Axle—W.WW.W....10
4,200 ?
Tlmkeo- Roller - Bearing —#0 pat
J3,3001
20 Ya
10%
Nov
11%
22
7% Jan
.
108%
481/2
?
21%
31
11
*105
106%
*105
1061%
30%
10%
16% >16%
50%
15%
36%:
107%
40%
49%
30 Ya
8
24
t. lOVs Aug 20
Third Avenue Transit Corp.-iVo pat
; 13
jan
a
TbowipsoB <J R+ -~
2#.:
45
July 17
Thompson Products com?— No par
106 % Oct
2
14%- -preferred
:4Vs Jan
a
Thompson-Starrett Co——No par
21
Jan 22
£ $3.50 cum preferred*..-—per
16%. Jan.>2
6,400
70%
71
10
Oct
-
preferred ————100:
6%
?
Thermoid Co
•
65%
?X2(M4
21%
70%
39% '40%.
?
107%
40 Va
'
21
69 Ya
10
22
Jan
29
34%
26
31 Va Mar 21
-No, pat
pveleitei-^^Nojpat
83.60 tcoot
"100
M?22%??22%;:
?
Nov
25% Dec
28 V4 Dec
17% Jan
ThC Fair——'
3,000
113
Dec
39 Vs July
6 Va
106
9
30% Apr
Thatcher Mfg Co—
>14,300?
360?
65 V*
10%
?
85%
Sep
? Sea
28% Jan
Aug 21
.
57% '' 58i%
?
Feb
1
3
.
Jan
31
Pacifii Land Trust
—-J
Texas & Pacific Ry Co^A,ii,-U 1001
800
49%:
65%
?
;
223/4
223/8
22%
109
-
47 V4:
93/4 vio%:
112
112
'
16%
•
38Ya
*105%
49%
?
59'/4 f
293/4
V
93/4
»? -39%
>'
10 Ye >
58%
Mar
Dec
00% Sep
22
Texas
y
500
18%
*112?
10%
68
1113/4
16Va
,
38%
*105
^
';
111%
107Vs
'•
I >>" 38%:
:'*105%
X
293/4
,
95A
'
9%
9%
>*111% 112%'
-
"?
10Ya
59?
*108.
•
.20%:
20%
i
67%
>,> 66 Va
67%
*66%
20%
20 V4
-
:
> 113
16?
74%
34 Ya
79";
25
No par
Tennessee
XW
13%'
'
Sep
4% July
Feb
9
?
16%NoVv30'
?109
Dec
6
57
Aug 13.
119% Oct 31
>
8% Aug 26,
rjymlngson ■:Gould; .Cofp^.^^w«*Jt
-1
5,000
631/2
64%
116
40%
Oct
•
100
cum)
33% July
Dec
Jan
?31
45
2
18% Jan
,
V
-1.
preferred—tfo pdr
Sutherl8ndPaperCOiw.,^j.—y._W,10
"3,600 ?
108 > '
62 Ya
•
*112
;
1
.
-
"
'
113
j
13,400
50%
13%
*18.?
13%.
lOYs-
M 22"?
63 3A
62
.
:■;•
643/4
:
175/a ; t73/4
64 V.: 64 Ya
58
fk
48
.
••?13.%"
63%
-'*112
>
105/8
62
108
108
"
-
60%'
.213/4:.
■
60%
56%
21%
-21% :
21%
108
113
10%
593/4
10%
9
'
Ya>
: 62V4
61
13s/a
: 17 Va
-17%
Dec
33 Ys
Dec
10% Jan 24
/!v Tennessee Gas dc.Trans 5% pfd-lOQ
Texas Co (The» — j—t—Sf.—---—,25
1 Texas Gulf- Producing—v—---.*1
>5,300 y->>Texas Gulf- Sulphur———No par
9,000 :? Texas Pacific Coal & Oil,10
>15% .•>15.%
t
38%
19
NOV
20% Dec
2
2
.
:.
4T
:
15
16*? Jan. 22
10% Jan
;18V»Jan
280
28
*104
; 'i5%,
60 Ya
13%'
'
14%
1013/4 Sep
;
108
6 ,
22
pi J Aug.'-••••>
>34% July 26
8,400 ?
?ii28 m 29%
61 ?"/ f 61' Vat
18% >18%:
105
105
Dec
18
9,400*
181/4
49 Ya
60 Ya
.
50%
17%
29
13
27:1 Oct
.
^700;
:>
10 Ya
50%
17%? 17%'
68.Ya Nov
Jan
105?% Dec
5001?-) Taiwtt tnc:
2,300?'^Telautograph Corp,
?
HI.
61%
10 >
>27%'
24
Steel Corp——.•J.^100
•'•<)?>
29
14 Ys>
60 %
'
' '
14
'61
56%
56%.
'
60
*112
113
'8%
60
61%
49% : 49% !
60 Ya
: 105 Ya'-
*103
-
mi'UM
-!?
14Y8
"•-13.3,4'
14%
17%
17%
60% :
59%
'
1
p.
105 Ya
14 '
60
V
-
-
60 Ya?
"
*17%
•
IIO3/4
18 %
7
:•?.,*
183/s
50 Va
18
18%
*60
/
12%
18 Vi
>.27%-.28%?
\
28%:
28%:
59%??
18%
*103
60
13%
18
*17V« :
-
50%
49Ya'
28 Ya
27 Ya
59%
14%
*59
15
?
'
49 Ya
28%
?
>
49Y8
*17. '
105
.14
*59
15
49Ya
I?3/* •' I8V4
|V*.
60%
17%
*103
105
m 13%
-?>
48%;
123/4
,10 %,
10
44 3/a Dec
,
V 9% Jan
.
1103/4.
.61%,..613/4"
10
25,200
12 Ya
*110
Sep
13%
>>79% NOV '
Feb
t
12Y»
123/4.
18'A- 18Y».
-
-
;14%
12%
,
.
-
2% Nov
31
49 Ya Dec
121
-
2
600 Y
*•
6,800/v,i
13%
:
12'/»
:
?28%
>
/
.*
'/a
?17% ?
483,4
.27%
'
•
17%
.
*12
.
ft
39%
'
17%
*17%
: 28
27 Va
if 17 V8'
48 %
,
,,
27
28
>103 ;
'
14-?-/"
135/a
18%:
*110
110% v
'
60YT 61%
9Ya'
10%
*106
1343/4 Dec
19%vAUg 20
20
preferred,—,,
27Y4
110
31
pweets Co of Amer (The)—,—12%
js w 1 f i y,a. CoJJ. .J-Jw. .—.,^.—^25.
7.700^ ? VKwlft International Ltd—,
4,600
Sylvania Elec Prod's lnc—»"*
>$4preferred,_,_ww,
—No par
403%
108
-
108
'•
"
17%
17
ft-.....
60%
60%
393/4
403/8
39 Ya
123/4
12%
18
603/4"
9% UO >?■ '
49 ■ ■?? '
49
27%
47%
V
■
*27
32 Ya
12%
-
17%
48%
•
32%
123/4;
6OY4
49%
27%
>•
27%
V??' 17%
:
*47%
33 Va
13 Ya
109 Va
"60%
9%
'
■;«»' 27%-
3234
*105
12
Dec
2
Jari 23
Jan
..
OH/CdJJ-J.?—*4ititi;
Superior
600
f
38%
13%
'
9%
49
49
*
110
^
59%, 59%
38aa
40 Vt
12% C
? *12% :123,4
18
>18%
,
39%
56%
•
prior
Superheater Co (The)—.;
Superior,- Oil of Calif J—
500
4,200
38%
107%
13%
40 Va
:
55
33 Va
48
20
19
56
?'
■
Class A pfd (4 Ya %
•
10,300
38%
39 %
?%?12 ?l
'
>;?
39%
■Sun-
28,100
343/4
38%
32%
Deo
29% Nov
33V4. J"un
,
Deo
?
35
31
Dec
33YsNov
•"Dunshine? jllnlnf
23%:
132%
:
9 .-:.-Jun>
75
Jan
50%
>
115% Aug 23
2
Jan
2
-?
XSUnray>-;OUf'CorpwJw,Jii-J»wvJJ^^*?l-;
39%
39%
*38%
>
2
"
38% Jan
36,900
54%-
$
38%
33
13%
13%
13
13
11 %
40%
*40
41%
393/4
5%.
Y 84.56 series A
20
-
*?9Ya
132
41%
41
,
>
9
22%
Jan
33% Jan.
pun chemical Corp,,——,
.
333/4
35%
132
132
54
«'
200
2,000
-
132%
22%
21%
>34%
.
34%
*106%
12%?
th >>
22% ?
-
132
•
Stokley-Va'n, Canrp
10,300
123
8%
-
.
28,500??'-Studebaker Corp (The)*
??.??-Xi" A'::«?■■■■' ">
72
■W
8%
8%
>
38% *
34
:
:
108 Vz
*122
•
6
?
16
pec: 27
Dec
116
78%-Jan'- 23
-No par
-No par
preierred
'; Sterling Drug lnc common,—.—-—5 ;
3% preferred ,4
J-4
100; '
Stewart-Warner
Corp—:—-h
"
34
39
■
*107
123
»v
prior,
..•20,7bo:??;.Stone:.dtvWebster44,4J^w^JVo: iP«f
..A-
18%
73 Va
72%
123
123
22
-40%
*51
::
.
3,33/a
18
108%
$7
2,-100 ?
:
(
33
-
'
•
?>
•54
*107
*122
8%
22*4,
39
40
*39%
54 Ya
108%
>
8,900
40,700
22%
-18%
71% ?.73?>;>>
1
38
37% •:;
37
37%
40?
'
*50%
>107
400
21%
18
18%
18%
108%*
•'• 71 ;
••
213/e
22 Va
32% -33V4
•
i
4,400,
-
44%;
21%
18%
Par-
Dec,- 3
Nov
49% Dec
1073/4 July 27
preferred series-4-100 %
22%
Feb
?
.
106%
; ?,i:
33%
32%
130
130
127% 127%
129
Y37V4
? 40
-
21%
32%
122
21
21%
32
,
21% '•
22%;?
33%
>
8%
>8%
8%
21
.
v.
22%
32%
122
.' 8%
8%
.
*107
.
*107
72 Va
*122
17%
17'% '•
109
*122
109
*71 '
j
21%
>21%"?:
31
-
29%
22%
24%
21%?,
<107,
'
28 V*
26%
24%
21 Va
>,
28
.
45,400?;? Standard Steei Spring—I
'500
Starrest CO (TheL S—fio par
24% "24%29 V.
29
?:
?•■'
Jan
y
36 y* Jan
12
i 12% Mar'27
23Ya
99 Va
f >76% Jan >-9 >
3.7
Jan 16
,61
40%
39
Dec 31
31,900.Standard Oil of New Jersey——25
.8,300
...Standard OH of Ohto,_i_J.4-4--10
20Ya
*105 Ya
106%
55
'•.:;./28;V..,May-';
16
;
? 107 Vi
44%
•
24%
27
24%
17%
44
43%
•
?:>44>¥ > 44%::
45%
*105%
?>
24%
'
•:
25%
-
20%
-
24
24
•
21%
17 Ya
*44
105% 106
-
25
>107
107%
8
•
Standard Oil of Calif22,100r ^ Standard Oil dKlndlana
?
—20%—20%
20%
i
21%
17%
*107
108
•
:
22%
69%
14
83% NOV
.
4,400
??44>? 44 Y«
68% .-I69V*-;:
44%
5Va
3
Sep
>>
28
21.600
:
24%..25%
24% »
24%
20
43%
.
-
-
Dec
443/4 NOV
.
4934
48
26
7% Aug
22 Ys May
V
.
143
140%
r
49%
:
*107
26%
i'VS
'
'
'■
25%
t:.rV
69 Va
140%
68%
43%
H
21%
■
.
43%
125
49
Dec
Nov
4Y«. Jan
,
11
•? 3,600 ,?'
■,
127%
•:
? ?>;?A4'.prefer red??4.4^i;i.Jw-i.Nd-
Dec
13 V4
•
39 > Dec
etifkhdard Brands,- Inc_^.—-_No par .
111%
$4.50 preferred..^
.v-No oar
? 4 - 500.
2%
x?>47i4oo»i; Standard G. & E Co $4 pref—No par
?• 67V»
.66-; prior %reierred—par. X
2,400
36%
35.%
125
>
>
114%
36%'
137%
44 i
*105%
22%
>> 32%
20%
•
42% '43%
?
106
22%
32%
& Sons New——• 1
82%
12
10
>95?
34 Ys Deo
-■::>69>'>.Deo/
Mar 27
47 Ya Jan
preferred4-44iNo? p»f ?
>. tiuare D Co
Squibb <E
„
10
123/4 Dec
Jan:
54 <y;Jan;
'
V
•47%
*113%
16
'
?^?<Cohy $4^56;
;
::
2,503
213/4 Dec
;
Jan
40Ys
.
f :■?
5
>27%'Jan 24
par '
#
■>.
:;
•
.:. a.oooi
> 46%
;
*680
•
>114% 115??
114.
*113%
-121%
•
107%
19
-42%
42%
1
66
y :
68%
-
24%
24%
44
106
•
114%
'
39%
38%
46% -47%;
136 V; 137
49%
48%
'68% V f
107 %
43
108
23
,43%
•19
18%
p
44%:
42%?
?
*106
>
i
18 %
18 V*
*43
114%
>
■
120 >- 121V4
? 7;
67%
'■
24%
.
»
42%
67%
24%
65"
64
39%
: 24/760?
y
Mfg
soicer
500
.24%: >24%
> 95 v? :95%
■
95%
-
62
39%
114%
32%,
48%
48
107% 107%
107 Ya
:
1
?
135.? 136
?
41%,
67%
V
243A
24Va.
*107
r
20
12
Dec
2
.Feb
32
Corp1 (Thel
Sperry.
•
Dec 26
2
7% Jan
80
.
Kellogg.At SohSiw..ii.iVQ pat %
-i
Epencar
.
9.600
:
81
*80%
24%
95
47%
X? 114
•
121
*119
.
'
67 Ya"
67 Va
iXli': ?
>
31% ; 32%
47%
.41
:
41
40 Ya
120
*114%
•
32
135%
81
40
-
46%
;
46%'
■
45
120
i}
1..
*80
24
6>/4Mar 27 ;
"
3pear
Co?
®5i5J preferred.
^—.JJNto par
1,600
.
J
31%
■
40
43
11% Jan
•
Highest
il per share
"
873/, Dec
?, 93
5
a
35%' >36%
6b3/a
22
80% Jan
Wwnmgtoa-J^u-iJ^-No pat ~
•aiiutt
200
42%.
-24%
>114% 117
117
*115
*114%
-
60%
?
12,700
18
36 Ve
35%
6,000
92%
*88%
42%
42%.
:
12%
18
19
*18
95 *
.61%
94%
>
60%
39% J 39%» *
.44% :
.44%
45%
12
'
32% Jan
64% Jan 22
uon-cum
MobUe 6?, Ohio <tk
50
21%
20 Ye
:
par
preferred
100
tr ctfs,.^ 100
SUaldlng- 4A G) & pros Inc.4wJ.-il
•o%
3,000
03
? *91 »
v,
21
12%
-
*88%^92% ?
25
24%
56%
56%
40%
*114% 117
117
45%
24
24
56%
403/8
40 Va
'
*79
-94%..
64%-
56%
*114Va
'
>
94 Ya
55 3/4
35%
80
93
,
20%
.
42Ys
35%
.
22%
94
!'v-V
*88%
>
42%
<■79
23
,22%.
if-
92%
•
35%
•
80
y.;.
11%
*18
•
.*787
.Yv
-
'
18
*88%
92%
\'%y
WW
11
i
I
*91
21%
11%
12%
11%
*18%
19%
19%*88%
92%
92% ;j.
?'?? 42%''-. 42%:/
42%'
'35%
36
36
80
80%
80
20%
19% >20%
„»»«—->,Na
Southern Rallway
;
9,300
-
•
86
85-
Lowest/
?
$ per-share 1 $ per'Share
$: per-share
•
.60% ;
■' 59 % .<
.
86%-
'
Range for Year 1945
Highest
Lowest
:??>EXCHANGE??-?
Shares'
• per share
per share
86 Yt
i
93
*91
91
91
93
*19 yV>
1^'
V■'
84%
Ya
84
.
^'
59% : 69%',
-
61
59%
85%' 86
"86
85%
s
Range for Previous
Year .1944;
STOCKS-
NEW YORK STOCK
'
Week
the
Jan.11
,
•
Sales for
Friday
■
Janrl^
a
share
I per
60%
58%
58%
.85%
ST1/*
\
J per share
| per. share
•
58
*91
Thursday
Wednesday
'
Jan.9
.
share
Il 57%
V
DOl •ALI rRICES
LOW AND
?>?:?> fneoday>>?
f?..» Jan. 8 ">
Mnt»
•atari
6
45%
Feb
11% Aug
Apr
78 Vs Aug
Jan
11 Ys
26% May
75% Jan
36%
Dec
01 z/a
Dec
11%
15% Jun
8
Oct
Dec
Dec 27
NOV
"26
13 Ys Dec
7.
26% Dec 10
107 Va Nov 20
28
NOV 20
98% Jan
4
Feb
7% Feb?
143/4 Jan
109%
•
Dec
7% Sep
12 Ys July
21%
Feb
Volume 163
Number 4455
THk COMMERCIAL &
FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
%■■■ ■ „
/rvi
Jan. 5
!
112
205
110%
>*/ Jan. 8
<
.
$ per share
112
189 '
*
"
109%
205
^an.0
$ per share
'
-
111
*199
/VM 'V'M/vV./
•
r,
'v.-MrMYoesdn*/,ii,vfcVA\1Wbwsi»»f#.f^
Jan. 1
$ per share
■
LOW Aim HIGH IIL1 FKICIt
$ per share
^
N
112%
*199
205
Jan. 10
,
js per-share
111/112%
*199
«
" -
—
1*
Ul
*199
.
112
■
f
Jan.,11
$ per
'*•
111% 111%
190
—
199%
"
29%.
i?
*68
-
.69'
53
1
*10%
:
36%
11
*52%-
,
11
11
'
11%
-
*62%. '65 '
47
•
*
-
.
'
./:
6
*88 >
54%
55%
11%..' 11% r V
.
33
11%
"
;
46%. '-47%
5%*61/*-
.53% :*' 55'%,
11%. 11%.
37%.; 37V*
•
46%
5%
.
V '
ai%.f».t.(i
15%
11%
12%
'.53%•••.•55%. h\". 55»/a. ; .55%>;>>55 A
65%.
64 :'
64-/
64
64>'
64 -V. 62% / 62%
49%" " *49. -:
50^
■'* 50 .
50%.
49"
50.
6%
-*6% ' - 6%-.
!; 6%,
6%. ';; ••• •. 0% / 0%
69 4
.70 "
71%
"•> 70%71%/ /* 70%/ 71%
173%
*,*173
174%-M *173% 174%
,■
174%/175/
73%
■
74
75 r:: "
74% 75V2
*
75%.
77%
:
*63
'
:.
69-
r
-13%
i,52%;^5^/-f/^^53,%r''' 53%:
:'5.%''-
•
U
32y4,32
69* > */. *08!
•
55%
55
54%
64
46%
:
52%
53%.
':
64■
1
54
11
•/! 31.\:
:-
' v v 11
11% >v '< 11%
11%
36%""-36%- .•'*/' ■'■'36%-.37-/'v37%»:>, r,37%>37.%^>>
14%
'
13%
14% •
14%
15y» >
15 '
15'A- : -V ''15%-
;
,14%-
11-
.
'-i
52%
10%.
11:*
*36
>-'-V 13%
;
'30%.
293A
31%
M60:% ^vM.:-68%/'68%/fM *60 >69 M-
69-
s
54%
29%
/•••'
share*
-
.
,
„
,
.
'v 66 •
..66%
*173% 174%;
71%
' ' 66%.
^ 173%
65%. " 66%
174
717/a
174
71%.
*84%
'
72
87
.
71 %.
1
.
-*S^/*85/
87-
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*
80%
,
80%
156
.
80% r-81.v
155 /
156
155%
27%.
*50
7%"r
14%,
' W
15y« J
'i:,ni*/'/tl8:>M>'
87^
156%
27%.
-
1
7%
14%. 15Vfc » • 19,'. 16
117%. 117% #••' 118%* 119
r
*
15%*- 16%r
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120'-
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>
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'
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**#%■ J10%*14611* ?
'
8%
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118%i:ll8%
~
■
•
87",' ■ 87%
> ! 159% 160/
28%^ -.28%
..
52%.
-
-
■■
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86%
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28%/20%
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7%.-'iV*
,
87%
;
157%r 159%
52%
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:
80%A
*
28%v 29*r
52%
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-
-
28 !
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>v
84%» 87"%'157 K 157%
84%;:■.
-
155%
.»
52%
7%.
81.
'•
28y«
*50
•
7%*
•
i*
52%
■: /
22%
22%
23V* 24
24%» -2434»
'■ 24Vw'; 29/-V;J''.r.v. 24'/*' 24%ay®- *84/* :8V*
^••/:*48%^'51^'»48%.^51/: i/'49v'../49^<48%^ 5l^:/'//. '50%r^50^/'ri ;*48%/50%
108h^ ; 108 :
107 ^108% /
109%^ 110. ^''V;^'109%/109^;//110-.:i/110%. //.''♦lOO^/llZii.
*189-' "'.L'
*189"
V
: *189"iil '"e- *189>♦
'
188^
189V V
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45% " '45% }'
■ 45
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:/45%
48
48'A
49%
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49%-'i47%.' 49' •
.
.-•
...
..
-
30%'
-
31 My
30%.
30%.
■
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19% -19%. -i19%'.!:-19%;-:' :47Ma.< ;
46%.
47
23% 23%>__
23% 235%
*62>/2
66 Va-
104-
104
*•104";".
*104%.
*104y»-
'
*40%*
42%
77%
*78
78
77%
122
*78
47%
*163
'175
175
*165
190
75%
:
"171
-
76%
18%,.
*28
108 V*.
13%137/a
110
13%
108'A
110 Va
*20-
^
20%
13%
13%.
13% 14»A
-10*:' 105'.''',
104,;, 104%
31%. * 31%
•46 ,
48
M
46
19 lA-
19%
30%
30%
30%1
29%
29%
30%-
32%
44
44%
14%
14%
33%
87%
34
38'/a
39'A
•112%
112%
*112
*115%: 116%
116
"
*37%
*33
59
33 V*
111
111%
118%-
117%.'117%'-
*112114%
34
33
3%
11%.
11Tb-
11%
3iy»
T 30%
49
91 %
91%
50
50 3A
91
:
60%
12
.
.
50
32
3Va» Sep
50
Sep
113%. Jun-
Nov-" 13-
22
!
83
Deer 20>
-
55
Nov-'21
36'/2 Jan
16
120
Mar
100 ;■145
Mar
5
SVir Mar
Aug
38%- Feb-
63
Jam
45
Dec
1
33*
Apr
38% Nov
i
'Nov
•
Dec
125
14V
17
Jan
Fete
155
July
68
173
'102
Dee
14y*
,
Dee
>
Oct
31 y*
Dec
108% Nov
68
Nov
x20
Nov
10%
Jun
39%
1103/4
U2
*117%
11%
.
118
39%
*112%; 113
34%
3%
61%
36%
36%
36%
36%
*
35%
35 V*"
355/a
3
*43%
44%
43
43%
42%
42%
39%
40
51 Va
*43%.. 44%
40«A
37%
37-
44 Va
91%
52%
*30%
37:'"
36%
32%
37%/
37%
*104'A 105%
44%
43%
44%
43 V2
.43%
40%
40
*103%
v
44V2
43
40V*
43%
.
90%
-
32%
36%.
.
29%
50%
51%:
91~%
37"
,
11%
29%
50
r
52
*30%
37%
35%,. 37
.
30%
50%
*90%
32
42%
39%
11%.
12
30 '
105%
4tt*
105%-- 105%"
/■/
*70
*105 Va
46%
100%
*28
?
75
*70
107%
46%
75
*106
101
-
107 Va
50
51%
101% 101%
29
28%-
39
40
i5V*
15%
15 Va
101%
21%
.
17 Vb.
43 V*
42 V*-
15 Ta
;16Va
16 Va-
*88
34
*32
>
10%
173/*
17%
38%
52% / 53%
"36 Va
:
\
93
*92%
*
79 %
24%
22
87%. Oct
34/y
*31%
23 Va
54%
*93Va
1
94%>
'l-9f -A"
*94
*92%
79%
*
26
94
80%,' 80 V*.
26'
25 V*-
46
Apr
20 Va July
/
11% July
'14% July
•
125
63V*
^
70*
26Va
'■y-:£
J *
•:
••
•
rj
^.A-
•
82% Nov
84a
n-r
Tale
1
1
..
1
,
& Towne
Mfg. 00^.
on
-.ate
York Corp:
./-I"
Young Spring A Wlre_
No par
Youngstown Sheet A Tube_No par
Youngstown Steel Door;
No par
71%
27%
,
Zenith Rftdio Corp—
Zonite Product Dorp.
1
this day.,
•V.;'-
S.
tin receivership.-
a
Deferi-ad
=•.;*>: -•".
daiianTy.
•*..X-.:\
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n Nr*w
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r^h .«t.
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■
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1
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'
"
;
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;T'• t
,
yEx-rlghts.
y.
.V.
••
Nov
14
31 Va«
Dec
74 %
16,200
r-
sales
Nov
913A
11
no
Oct
41% Nov
*92
95,
•,*95MM'9T/y
*
92%
92%
*80 r
25 JA- 28
5,700
^
•Bid and asked
prices;
July
443/4
64
46
'
Sep
24
.54%: 55
235a—^237/a3V
Dec
9%
23Va
',;20M - 20%
?138%,>;^M/
:
65
64
Dec
July
293A July
9% July
*
'
—
.53%
94
79%
92 y*
-""■38^-''",-;39',':-';'a"Ja'"38%^;38%/0
9T
22%
20V2
July
ll'M "11%
-18%
20
*138 V*
53%
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94
21%
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24
v i8%*
-
63%
93
92
*77%
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-
11%
23%
38
53 Va
97
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'
90
34
11
18'A
62
62
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•
77
1043/* Aug*
32% Dec
43-*v
16%
89Tb'
100-^ 100-
,
*93
10%
% 19% -19%
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61%
.
22%- -237/a
15%
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29%
29%
42%
90
22%
*19%
101%-
29 Va
-15 Va
*32
10%
75-""'"
*106 - 107%/
50%. • 51% !
100% 101%*29%
30%
42
-
*88
10%
*70
75
*106
50
38 Va
:
*70%
107 Va
46
.-*
62% July
120
37
-
43% Nov 23
'165
Dec 10
2
■;?
116Va' 116%
llSfM
34%
3%
61
50
130%
49 %
91%
51Va
*30%
36%
35%,
103% 103%
Jan
2iy»-Jan-
39%
61.
3%,
57
124
^
II
'
,39 Tb
♦112%-
35
3V2
60 %
49 V*
*30%
34%
3%
39
113%
Sep 14
Dec
'
60
29%
51%
113%
34%
3%.
603A
113%-1151;:
39
100V
81
45%Jan 25
25'...
—
SVa Deo-
»
oct; •
)'
I'
25% Aug < i
Dec
113%
111
38
.118
.
51
87%
38%
113%
r;
49
32
*
39%
38%
111
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..
45V4 Deo' 14
*
Fete
147/a
37% : 38
115% 110%
111% 111%
38
_100
Va Iron Coal & Coke 5% pfd—100
Virginian, Hy Co^.^^UMMWMM.^.29'
.
-
t 14%/
*84r
116%
38
.
6
20
87%
116'A
29
91%
14/b
39%
116
49y#
50%
14%
,
29
•30
42%
116
*117%. 118%
pref___
24y*Jan
8
3% Mar27
59y» Jan
9
28
30%
43y8
114
i s
85% July
Dec
Dec
"
33%- .34%
;'.:48-' ,A'49/
43
*84'
39 V*
85'
70
>103
'■
33%
43%
114
48%;
*90V2
38%
.
.100/
20^
9l
105
30%
38 «
38%
$5
^ 90% Jan
Nov
20%
lS%»r
fc';:
M 87%
41%. Jaxr.
63V». Jan-
104-
14%-14%
143/*
15
33
112%.113%
3»/*>
60
11%
*84
71
:
86 V2 'Mar 26
<
33 V*
14% 1 14%.
35%
?
88s/8
39'A*
115
*20V*
Oct
12y*,Majr
108'/a
•113%
-
24%-Dea 11
18%
108 %
;,
1133/*-,
37%
,
43% \44%v
28^
-
41%
33ya-
30%
--17%J»II'
9-
78
18%
.19%' 20%:
80% * 30%
/34
33
-
Pow
6% preferred
:
Vulcan Detlnnlng Co
Preferred^
10
41%
104
48-
•
V
.
600
190
77
I0i
'
33*%-
48
"
Va. El. &
•:
5
6% dlv.partlc preferred
.
140
*171
20%;
33
■
19% ' 2iy«<
1,400
i y__
14%,. 15
104>
105
-
3,800
.
v
6
48%.May 22
Victor Chemical WorfcsuVarCarollnat, Chemical.
5,200
1163/*,
.;
112% 1J2%
3%
.
38%
118'A
'' 61%
11%
39%
36%
33%
'M.3%:'
5
33 W
7%
79
122
190
*
20 V*
/ 48 %
47
30
14%
110% Ul
113%
,
35%
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*117%
37%
•112
/
38Tb
*110% 111
*117% 118%
14%!
35
88Vb
14%
34%
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.
34%
14
87 Va
•:
*
*43',44
*171
14Tb104%..; v
3,000
48%, 60
*40%: 41
*163; ; 200
4^%.
13VB Apr
.
.
:_100
200'T
48%
20V*.
-14%.
*104, ;
32%
:
.
46
19
30%
•.
■'
-
•
Co_6%
3^Sr nonrCum preferred-
-95
41-; -41'%
*163
v
•
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//l3%y'14:VN«-v-14%~/14%;
*
•
32% ■■*
'
41'%
-190
79
*121%
•
*78* Mr 95
48%.
*20
*
31%.
19
*
:
*7%,
,
80.
Sugar
■
.
108
i
41
•-
'
50% Nov*
•
■
110
-
41
76% i "77%
77%
77%
18% -f 19 ' i9-«"/i9^ 39%;:40%
40%
40%
108 V* 108Via i *108109'
110% J14M.'113% 115%
40.
20%
13%
Vertlentes-Gamaguey
50tt ;:k! Vlck. Chemical Co-I«
30
Vlcks Shreve & Pac Ry—;
noeVa 110
~
.;.
18%
39%.
♦108
7%. ::»7%'
80%;
;
122' / 122
48%
19
,
•
80.
95 ■/
*171
*06 M "68
-
/. 41M', 42^ "i
l22
41 y4.
',
190
76
S
67-
*105 y»~ 1!0*
,
*163
>
39%
108% 109
107
108
'
49
40%
*163
75 »A
19
*39%
7%.
*78
40%i
-
,
m
43%k;
7%.
79%;
-
*105%. lite*--
.y 110
122
95
.
67-
,
109
42%s
*
48%.
—
1
78%
122
.
*78
48%.
*„
105-
,
7%
■
*121«
-r
/
67%-
*105
78 %
PP..
140%^ 40% ;y
*40% T 41
105
41%
7,«
y.
95 ;
*163
9,800
66
■
34%.Dec
;;:S'':22%'De<^li:/y;---9%.Jan^
Jan-22
'
66
.
'
,
24%
39%.
-
78
122
/
48%;
48%
7
>
P
122
95
>
105...
VatfadlunC
Corp 4£KmL-~*~JNaviST21V* Jan
2
' Va»-Brorman;
CO--^^._^^^.50*;:,"//i3'-? :;Mar27
Van Raalte Co Incl
:
;
XOC
•.:: 32
4,3001,300
.v
*104%.
v;.„,
-•
7,300
19%
48
.
23V2.
.—
40%
6Tb'
*47..
; *63^ ^
66
•40y«,
7
*121;
P
*63*
31 a% 32%
19%.
*45%,"
Deo
•
'
THE COMMERCIAL
Bond Record «»
FRIDAY
Monday, January 14, 1946
& FINANCIAL CHRONICLE
New York Stock Exchange
WEEKLY
-
YEARLY
-
week's range, unless they are the only traamatiau of
account Is taken af audi sales in computing
raws for, the year.
defaulted bonds. Cadi add Referred dellwf sales are disregarded in Ahi
v5;vifox,IOB--Price8 hre ••and interest"—except' for income end
And when outside of the regular weekly range are shown
the week
The
IfoHo, letters
in the column
beaded "Interest Period"
New
U.
S.
Treasury
Treasury
Treasury
Low
/.O
3%s_.
3Vis..
3¥6S_.
3s
3s
Treasury
Treasury
Treasury
1951-1954
Treasury
Treasury
Treasury
Treasury
1964-1969
Dec. 1964-1969
-.1965-1970
—June
-.it.-—1966-1971i
June 1967-1972
Treasury
Treasury
1951-1953
Treasury
Treasury
Treasury
Treasury
.
'
1947
J-D
Mar
1948-1950
1948-1950
—Sep
1949-1951
1949-1951
J-D
Dec
1949-1951
'
—
33/46
J-D
M-S
1950-1952
,
M-S
1951-1955
■
4-:
J-D
25
No.
26—
J-D
aJune 15 1948
1950
«
J-D
Series No. 28——
Series
No.
29
No.
30
A6a
1950
,'
^Oftl
f 4¥a-4%s
s
1977
93 ¥2
95 ¥B
1976
1976
92 ¥2
92 Vi
93
93
1978
95
95
External
readj 4%-43/»s
External
s
f 4%-4%s
108.21
108.21
100.27
105.1
100.15
100.18
10L12
100.27
102.26
103.28
104.24
ACarlsbad
a chile
102.27
102.26
102.26
101.29
102.10
•
103.1
104.4
100.13
104.6
106.12
106.12
101.9
101.23
100.26
101.23
101.19
*21 ¥4
i960
22 Vi
23 Vi
22%
22 Vi
ARy external s f 6s
22%
22Vi
23
__Jan
Jan
1961
——
AExtl sinking fund 6s
A 6s
Sep 1961
assented
Sep 1961
AExternal sinking fund 6s
AGs assented
1962
AExternal sinking fund 6s
;_1963
1962
assented—'—
a 6s
-
1963
AChile Mortgage Bank 6V6s
1957
A6V2s assented
Sinking fund
1987
igei
63A«
.
:
,
loaf
sink fund 6s
1962
A Chilean Cons Munlo 7s
A 7s
1960
i960
assented
>iflChinese (Hukuang Ry) 5s,
Colombia
„
3s external
A
1970
1947
1940
Mtge Bank GV^s
Sinking fund 7s of 1926
1947
Sinking fund 7s of 1927
ACorta
NY
Bank (Colombia)—
*iom
1947
1948
1-1603
76%
76.
62%
79
98
38
1968
1945
Rica
(Rep of)
.1953
1951
7s
38
35
38
34
37%
373/4
34
(Republic of) 5s of 1914—_1949
External loan 4¥28—
1949
4V2s external debt
1977
Sinking fund 5^s_
1953
APubllo wks 5Mt&——
—1945
A Czechoslovakia (Rep of) 8s ser A_1951
ASinklng fund 8s series B
1952
I a Denmark 20-year extl 6s
1942
External gold 5Vis
1958
External gold 4Vis
1962
lADominican Rep Cust Ad 5Vis
1942
IA 1st series 5 Vis of 1926.——1940
$A2d series sink fund 5¥2s
1940
Customs Admin 5¥2s 2d series
1961
33.
5 Vi8
30
33 %
6Vi8 2d series..——..—..
30
/
86 ¥4
119.
1 St eertea
'
102% 103
98 %
102%
98 ¥a 983/4
98%
98 ¥3
—
'.101
107,.
(Commonw'lth) 5s of'25-1955
5s of 1927——
1957
External g 4¥28 of 1928
1956
Lielgium external (5%8 ——
1949
External s f 6s
—
1955
External s t 7s
1953
IA Brazil (U 8 of) external 8s——1941
Stamped pursuant to Plan A. '
(Int reduced to 3.5%)—
1978
AExternal 8 f bvis of 1926
—1957
Stamped pursuant to Plan A
(Int reduced to 3.375% )——1979
Aust ralia
104%:
External
—
—
105%
—
;
107
99
107 ¥2
103% 104%
.101
,
101%
100% 103
103 ¥2
95
90
7s
' 100
A
7s
A 6s
90 ¥b
99%
1073/4
Haiti
98 ¥2
101
96%
97 ¥4
100% 101
96%
97%
*101%'—
*102
.
,
' 19fl0
1969
f 0s series A—1952
ext 6Vis
1960
s
Helsingfors
103
Irish Free State extl s f 5s
(City)
AJngoslavia
105 ¥2
AMedellln
*lll¥a
105 ¥s
110 ¥2
Mendoza
59%
73 ¥2
71
.!
stamped...—-<.1949
—..,1949
105 ¥♦
107
—
■
,
95 ¥2
100 %
*65
*96
*96
part paid
1964
part paid.—..—^—^.—..1968
(Republic)
100 3/b
—
163
163
Greek Governmentr—
99%
100
unstamped;,,,
' 105 ¥2 105 ¥a
*107
^
*112%
(Republic of) 7s—.—1967
AEstonfa
French Republic 7s
103
.110
*108%
:v113¥a 114
33 ¥a
30
•'
*106
Cuba
61
AExternal s f 7s series
"
tS61
f g bonds
Copenhagen (City) -8e. -■ ■::, :,T25-year gold 4 VaSv.
Broadway, New 'York
B_
1945
AExternal s f 7s series C
1943
AExternal s f 7s series D_
1945
AExternal s f 7s 1st series.
1957
AExternal sec s f 7s 2d series—1957
AExternal sec s f 7s 3rd series—1957
A Antwerp
(City) external 5s
1958
Argentine (National Government)—
8 t external 4¥aS^.>.^.,.,—„»1948
I conv loan 4Vi8——.,^.~1971
S f extl conv loan 4s Feb.,
1972
8 I extl conv loan 4s Apr—
1972
s
A Colombia
Municipal
6s
6s
Norway) 4s
coll 7s A
(Republic of)-*
A6S of 1927—.—.—i_^_Jaa 1961
a
Agricultural Mtg6
AGtd sink fund
j.
AGtd sink fund
Akcrshus <3£ing of
AAntioqula (Dept)
1981
of 192B;
A6s
;
Teletype
iQff^
A6s assenled
)'im
Wertheim & Go,
■
1961
■v?:^;V; A6s assented
AGuaranteed
Foreign Securities
23 Vi
1961
-AGuaranteed sink fund 6s
122
112%
22 ¥2
io«<*
Feb 1961
»
A6%S assented
69
22 V
•
—
—
j
22
1942
*»»» iggj
fund ««
A6s assented
65
*39
22
assented
AGs
103.30
100.17
1958
t 7s
s
AExternal sinking fund ««
a 6s assented
103.16
103.1
*102 Va 103 ¥4
—195*
External
V AExtl sinking
103.8
100.25
15
8s
101% 101%
•102%
"
103.5
102.21
(City)
(Rep)
*103%
A7s assented.
•
102.9
104.24
102.20
Jan
3s
,
102.3
*lll5/« 112 Vi
1961
30-year 3s
1967
2%»
Jan 18' 1948
3s ————„Jan 15 1953
3 Vis
25-year
82 ¥a
110¥b 1103i
Canada (Dom of) 30-yr
„„
Members New York Stock Exchange
*74 ¥4
1984
external sit bonds
3%
*103.17 103.19
*103.11 103.13
*103.15 103.17
103.7
103.7
•
/.••♦103.22 103*24
;
j. .*103.28 .103.30.
104.11
104.11 104.11
*104.18 104.20
*104.22 104.24
*104.24 104.26
*107.24 107.26
>
*101.30 102
101.19
..1958
Refunding 8 f 4¥i-4%S—;
__
'
„
,..*...1957
(Province of)—
stomped
External
.
J-D
:
fund gold 6s
Sinking
Buenos Aires
*102.10 102.12
^
———
(City) s 1 as.,,,-,....,.;
Sinking fund gold 5s
A
&
100
v.—
—
3%s Series
__
—
Foreign Got:.
Year 1945
Low
Nq,
.
*^7
No.
3%s
—
J-D
120
Range for
L—i—
23----
No.
Series
__
J-D
1952-1954
1952-1954
REctor 2-2300
•95
I Sold/
—
Brisbane
—
M-S
w—-1951-1953
Telephone
High
,
20
No.
3%s
New York City
>
Bonds
Asked :
3%s- Series -No. .• 27——
'
—
Transit Unification Issue—
3% Corporate ptock.——
;
Friday's
Loui
3%s Series
,
__
*
M-S
.March 1950-1951
l?/is.;
IVii
or
Bid
'
33/4s Series No,' 24————,.—'——.
•
—
J-D
.1953-1958
2s
2s
:
Series 'Nov 22———-i——.u—.
3%S
33As Series
_
M-S,
Dec
_Dec 15
.
'
*109.28 .109.30
106.25
106.25 106.25
/ 101.30
101.19 101.30 ;
:
:
,101.10 101.28
:
*102.15 102.17
J-D
J-D
1959-1962
•June 15
Friday .Week's Range
Sale Price
.
3%s' Series No,.. 21.;
<•
.
—
M-S
1956-1959
......
-
East
•
(Continued)—
18
No.
Series
3%s
—
J-D ,'-•!>
1959-1962
2s
\
-
.
3%s Series No. 19
•
,
1952-1953
2s
r-
•
-1QS4-195B
Sept
"
,
bonds
$
Series
3*y4S
"tr.
,
Sept 1967-1972
Dec 1967-1972
.._Jun
103.20
„
—u-——4963-1968
2s
2s
2s_—
2s__—
2s
2s —
'
'
3 3/4S Scries No. 17
(
—
1956-1958
1962-1967
Dec
External
103.27
101.14
Brazil (Continued)
109.24
100.30
"
Period.
*118.20,118.22
*104.19 104.21
'
—
M-S
,__June
High
106.13
106.8
100.19
101.4
108.30
101.2
111.20
*106.14 106.16
*107.14 107.16
MS
*107.10 107.12
MS
•■ii
*110.16 110.18
J-D
'
*105.6
105.8
J-D
,104.9 ■■ 104.9
J-D
*104.6
104.8
J-D*
103.25 103.30
M-S
103.28
103
103.28
M-S
103.22, 103.8 :103.22
J-D
102.22
102.5
102.22
M-S >J
*109.1
109.3
J-D
102.29
101.27 102.29
J-D
* 107.21 107.23
J-D
:■
—:
*105.31 106.1-
J-D
1952-1954
•
,
Interest
Stock Exchange
.
'
1950-1952
..
:
—
J-D
M-S
1949-1953
;
V
LOW
"V'"'
BONDS
'•
.
Year 1845
No.
'< '
f
New York
Range tot
Sold
>109.23 109.25
*116.6
116.8
*116.29 116.30
w
J-D
^—^—.—1948
2s
Treasury
M-S
/
High
:
''rvr
Bonds
115.22 115.22
*104.9 ,104.11
•
~
J-D
.1956-1959
1958-1963
1960-1968
"106.6
;noo.i?
./* * *101.2
*103.28
•
*101
*411.18
—
,M-S
—.1048-1951
—
—
M-S
2s
Treasury
*7,
M-S
2s—
Treasury
—
''vt'
J-D
2¥4S—
2ViS—
Treasury
;
J-D''
J-D
r
27/«s_.
Treasury 2%s_.
Treasury 23/48_.
Treasury 2%s_.
Treasury 2^48Treasury 2-VisTreasury 2 VisTreasury 2 Vis..
Treasury 2VisTreasury 2 VisTreasury 2Vi8—
Treasury 2Vis .
Treasury 2¥2S .
Treasury 2¥2s_.
Treasury 2y2s .
Treasury 2Vis Treasury PMjS .
Treasury 2Vis—
Treasury ^VisTreasury 2¥2s—
Treasury 2Y4S—
Treasury 2¥is..
Treasury 2Y4S—
Treasury 2 ¥18 .
Treasury
—
M-S
•''
Treasury
Treasury
'
or
Government
4 Vis-
Treasury
Period
Friday's
Bid & Asked
Last
Sale Price
Interest
Exchange
York Stock
Week's Range
Friday
i£jB O N D 8
In a footnote In the week in which they occur. No
indicate In eaob RANGE FOR WEEK ENDING' JANUARY 11
ease the month when *be *mde mature.
—;.S60
7s—1'«57
1954
readjusted
1954
(State Mtge Bk)
(Colombia) 6»^s
(Prov)
4s
Irrigation—
:
stamped assented.,.
1943
'y A Assented to Nov. 5. 1942, agree
A Mexico (US) extl 5s of 1899 £—1948
AAssenting 5s Of 1899
1948
A Assented to Nov. 5, 1942, agree
Mexican
•
A41/is
•
,
L
bvis of 1927—---1957
pursuant to Plan A; -(Int reduced to 3.375%)
1979
Lis
fCentral Ry)—
1952
Stamped pursuant to Plan A"„ "•>*
(Int reduced to 3.5%)
1978
6% funding bends of 1931
;r/t
Stamped pursuant to Plan A
AExternal s f
Stamped
>
(int
reduced to 3.375%)——1979
Ej-ternaJ $ bonds of 1944
Series
j;,As Series
3%s
?%s
Series
3%s
Series
No. 1
No. 2
No. 3_
No. 4
No.
Series
No.
Series
No.
j%s
Series
No.
FIRM TRADING
S
Sorfpg
No.
9
3%s
Series
No.
Series
No.
11
*»%s
Series
No.
f!ABL
MARKS & CO- »C.
-
10_;
3%s
MARKETS
——
8
Series
FOREIGN SECURITIES
—
—
6—.
7
3%s
Institutions
—
—
5
33/4S
-V.z
(Plan B)—
For Financial
FOREIGN SECUBITIES
SPECIALISTS
12
—
—
:
—
3%s Series No. 13
*»%s
Spries
No.
14
**%s
Series
No.
15
?s/os
Series
No
16
—.
3
•
50 Broad St., New
Telephone HAnover 2-0050
York 4, N. Y.
,
..
,
Teletype N. T. 1-971
High
Volume
163
Number 4455
.
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW
Yfefefe
"•
fe feifefeB ON1IA
New York Stock. Kx change
fe
Friday
/
Last
Interest
Period
Week's Range"'-. fe>*fe"fe
,fefe or Friday's
Bonds
Sale Price
Bid A Asked
Low
:
*Mexico—(Continued)— 'fe
AAsseiitmg 4s oi
A
fe'
1904..
Assented to
Nov.
<
1954
f 6V2S
s
(Int
A
reduced
to
Year 1945
No,
tOW:: High
10 Ys
Railroad Reorganization Securities
10'/2
18
>
18%
14%
"
14%
;-*22%^/iL'^
*18%
PFLUGFELDER, BAMPT0N & RUST
1951
Stamped' pursuant to Plan A
•,;7fe~
Range for
Sold
,
13 Vi
•1IV4
fe slATreasury 6s of 1913 assent—..1933
AAssented to: Nov. 5, ,1942, agree
'.-'Mlnaa: (jterae* (State/'—
•, (
>,•*
■ ■; Sec external
High
Merhben New
v
2.125%)—2008
I bVas.~
s
1959
Stamped pursuant to Plan A
tint
reduced
^Montevideo
-A 6s
to
(City)
'■vl external
Norway
.External
4s
sina
APanama
(Rep)
extl
-97% 103
.
97.
1959
*100% 101%
88y4
:.
1963
__
(State of)
(Rep oil
external
ANat loan extl
a
f 6s
s
Nat Loan extl
f
95
>
1st
General
.
*1947
,
■:
98%
38%
1947
Ref
fold 8s... *.1950
2.25% ).—2006
A 6s
to
external sink
101 Va
104%
•-•'
1947)
1st
M
80Va
i
:
v;
4s
Stamped pursuant to Plan A
(Int reduced to 2.375% )—.200l
s
2y4S
98%
98%
6
i.
fe-
86 Va
101%. 101%
*102. .102%
12
100
102%
131%
100%
:
:
5
—
102%
129%
—
130% 130%
?
C
■fe-fe.
86Vi 100
6
99%:
98% 100;
*102%,..—:.;;:
1956
102 y4
101 % 103
,
'
;
'
; <
=1
—1970
A C
104%
;
103
104%
107% 107%
;
1967
.1955
f 3%s
102%
78%
82
'77
,
206
82Vs
1950
106 lA
106% 106%
106
-1969
98
106
106%
106%
'
■
;v
103 y4
80y«
63%
84
S-W4't;i03% 108%
;
8
106%
108%
106'A
*106'/a 107'A
__
.
.
" r 67%
54
I05^^"103%405.%r
'■fev'fefe i; *106%:
104
205
80%
'108
105 y3.107%
.
v
__
i
.
101.%' 102 Va
104
__
107
100% 102%
80 VL>
1947
(interest
83
rl
*106% 107
*106
—...1969
modified
"l02%
102
103'/a 103%
.....1950
f debentures
Stamped
95%
'103*/* 104
1951
Buffalo Rochester .A Pgh Ry—r,: '
1957
957/8-
...
104
—1959
Bklyn Union El 1st gold 5s_
Bklyn Union Gas 6s series A.
s
94%
77%' 80%
102
x'
f A Boston & N Y Air L 1st 4s..—1955
Bklyn Edison cons M ^'As..
1968
mtge
96 "A
•
1st mtge 4s series RR^—1960
Alnc mtge 4VaS set A_.
July 1970
Gen
'
«*C
.
93%
*
1st. gold ,4%s series JJ—1961
1967
J;/
.
series II
5s
*
99% 100%
'
94
.1950
1st 3%s
1st 5s
-:K
:
due
Loan
Indus
>1
95
94%
-1996
debentures
Boston & Maine
stamped pursuant to Plan A
feY
(Int reduced to 2.25% 1^.^2004
Santa* Ira external sink tuna 4s„—1964
jASan Paulo (City) 8s—
..1952
110 A
21
>105% 108%
105
107%
6
•
I06y4 108%
-
at
ito May
l942r.due*-wS^idOT:i
tBurlingtoh Cedar Rap St Nor-~
;
Stamped pursuant to Plan A
$Int.: reduced to 2% )**-.,—2012
_
§ A 1st St coll 5s
ACertificates
lASan Paulo Estate) 8s—_
,.1936
M Stamped pursuant to Plan A
fe.
'
(Int reduced to 2.5%)—
1999
fe fe&Ss external—i
—.——1950
'<
of
—1934
deposit
Bush 'Terminal
1st 4s
..—.....1952
Consolidated' 5a-*—1955
■
-
«
50
.
105 Va
104% 105
V
■
-
lOOVi
Feb 11960
Bethlehem Steel Corp—
Cons mtge 2%s ser
v:
fe
101%
1%%
due
1
'' ;-.x
95%
Telephone of Pa 5s series C...1960
2%s
2004
a
104%
L
•dsf atamped>.—.u—.1951
Bell
..1968
...
(Int at
due
Beech Creek Extension
2.5% )——.1999
(Int reduced to 2.25%)
A 1w municipal loan
A6%t,extl secured
.
34%:; 46%
.
noivi 102%
ref 4s.. .i.—-.1951
Con
Beneficial
.fe
C
Bangor St Aroostook RR—
42% V 50%
—1946
fund gold
ser
Toledo Cin Div ref 4s A
Stamped pursuant to plan A> v
(Int reduced to 2%)....—.2012
A7s external loan of 1926 *—.1960
Stamped pursuant >o Plan A •
•fe
gen
Jan
to
(State of)—
1921
reduced
115
42%
.
;
u
Rei gold 4s extended to
1951
8'frest DIV 1st M (lnt at 3%%
-.
Stamped pursuant to Plan A
(Int
St
A Conv
Stamped pursuant to Plan A
I
(Int reduced to 2%).
—.2012
extl loan of
•
110
sir.
-
Pgh L E St W Va System— >
(Int reduced to 2.375%2001
A External sec 6%s**fe
.—.—1953
A 8s
38
Sep 1 1946) due.———
(City ot Greater) 7 %sfefel?52
Rio Grande do Sul
96%
'.'44
to Dec 1 1946)
1995
Ref & gen ser D (Int at 1% to
Sep 1 1946) due
2000
Ref & gen ser F (int at 1% to
'
Queensland (State) extl 6s:....:.^.,1947
arjo ae Janeiro 1 City of»Bs__—1948
Stamped pursuant to Plan A
■
107%
.104%
lHVi 114V«
-43 »/a : 44
37%
38
1948
?lst mtge gold (int at. 4 % to
Oct 1 1946) due—...July 1948
Ref & gen ser A (int at 1% to
Dec 1 1946) due
1995
.Stamped pursuant to Plan A
A Prague
104%
109 Vi 110%
114%
1st
.——.1968
to
' 107
107
noyi-
1984
——1948
mtge gold 48—...—July 1948
Stamped modified bonds—
1960
(Int reduced to 2.375%)...—.2001
ABxternal loan 7Va«— —....
1968
reduced
1963
A—
Baltimore ft Ohio RR—
1959
ser
a4%s assented—......—4963
Alegre (City of) 8s..***.**1961
Stamped pursuant to Plan A
(Int
4%s
Sold
High"\ "No.
47%
2008
'
,.
unified
July' 1952
Atlantic Refining deb 3s.^.———..1953
100%
A Porto
.
tow
Ry—
:
4s..
.v.-
Bonds
Bid it Asked
*.
f 7s
A4l/js assented
A External sink fund
Line
Air
cons
Atlantic &, Danville Ry 1st 4s
Second mortgage 4s.
f 6*2d*er——1961
8 A Poland (Rep of)
gold 6s_
1940
fefe. a 4 Va» assented.————1958
s
Charlotte
mortgage 3%s-__-
Atlantic Coast 1st
a
AStablllzatlon loan
Friday's
or
;
95 i; 100 >
.105% 105%
..1967
78..,.
1st
101%
98%
-
1994
7s
Atlanta
99%
::P
Stamped pursuant to Plan A
(Int reduced - to 2.125
APeru
I
i
J
Atl Knox & Nor 1st gold 5s_^——1946
106 Vs
88
-
A. 1963
ref 3%s series B___
sec
York 6
Teletype—NY 1-310
Week's Range
'
Sale Price
.
i98Vi■1072
—
Last
:
-
"•
% 98V4 105%n
*99%,
Friday
Interest
-
•
106'A 106%
1970
ser
AStamped assented 5s
Stamp mod 3%s ext to
Ext
•
103%
100%
;
■
APernambuco
Bell
Period
106% 106%
>.1963
f 5s
s
102%
**106%—
1965
loan
'Municipal B^nlr e*tl s f 6s_
Oslo (City) Mink fund 4 V2S
.
101 y# 101'/a.
.1956
4 "As
lund
102
..1958
...
of) 4V*&—
sink fund extl
BONDS
1 •;**
New Yerk Stock Exchauc*
...1959
1957
5s__
(Kingdom
New
Telephone—DIgby 4-4933
*_s
f
»
Exchange
—_1952
7s
A
series
Stock
York
Broadway
2.125% >-.12008
New Boutn Wales »(Stnte}^~
fe .External s f 5s
r
6^1
■
Sec external
fefefe--
.,
-il;'.'-.''•;fe
'-fe
'
-
5, 1942jfe agree
A Assenting 4s of l910-___-__«>1943
a Assented
to
Nov. 5, 1942,- agree
A
YORK BOND RECORD
RANGE i FOR' WEEK ENDING: JANUARTf
Bush Term Bldgs Aa gtd—...1960
Stamped pursuant to Plan A-
: fe fe- (Infr reduced to 2.5% fe*——1999
A 7s. extl water loan...
,*.1956
....
Stamped pursuant to Plan A
~
••
-
California
(Int reduced to 2.25%).
?ARs -extl dollar loan.^..—*
.2004
Calif
J—<—1908
Stamped pursuant to Plan A
( Int
1
;
reduced
lAfiecured
•
Abs
4
at
secured
Slovenes
A 7s series B sec
a4
(Prov of)
Vas assented
Sydney (City)
A
Uruguay
A
A
i f
1948
External
-
Wffc&HSZ-''!
c"'f-4'
-V
V •"*>
*!>■.
121%
116%
1970
117%
..1955
122 «A
;
v1
.
122 v4 122%
1
1951
fe.
121
121Va
114% 115
11
deb 6 Vis.—1946
fe.
-102% 102%
6
112% A 110% 113fe
214
1958
deb stk perpetual
Clinch
Si
Ohio
4a__
7
__
112
120,
112% 115
102% 107%
96%
r:
109
101)1 105%
107% 121% v
97
120 y4'
106 Vi 110%
1965"
gtd gold.:4s....fe*.198l
'
no-
90....
106 »A
41
3
103% 105%
mtge 5s__ .fe——.—*—Nov
73
95
-
1945
86%
106%
5s—*1945:
5%s series B
1959
53%
14%'
28
A Ref A gen 5s series C.w—i.—-1959
13%
28 fe
AChatt
63%
87fe
29%
48
ARef
—1958
vfefe,'
-fe
121%
115%
I a Consol
1978
7s..—*.1958
Railroad and Industrial
Companies
fAbftibi Power & Paper—
::
116%
A 1st
readjustment..*.—*.1984
(City) external
a4 Vis assented—
118
1969
103% 107%
45
if Central of Georgia Ry—
1979
4-4)4-4>4a extl readjustment
'3Viae extl
A Warsaw
116
Oct
Celanese Corp 3s debsfe-..fe..fefe.—1965
A Cent Branch U P 1st
gold 4s..—1948
—*..1978
conv
2
Cart A. Adir 1st
1964
conversion
117%
117% 117%
Carolina
—I960
($ bonds of 1937)—
readjustment
1979
External
115%
-i-
.Collateral trust 4%s—**.1960
tfACarolina Central 1st gtd 4s.,
1949
fe
Certificates of depbsitfefe*-ifefe—fefefe- ■
3%s-4-4%%
"3%-4%-4^V extl
122^4 ;
8
Can Pac Ry 4%
1955
extl 8s
116%"
11"6JA 116V2
gold 5s
gold 5s_____
gold 43As*
gold 4y2S_„_
gold 4%s
Canadian Northern Ry
1958
(Republic!
7
Guaranteed
extl 7s———-1958
External sink fund 6s
External sink fund 6s
122% 122%
Guaranteed
—...1962
5%s_*
122%
Guaranteed
extl.—*—.—**1962
ASHesla
National gold 4VaS-:—..1957
Guaranteed
(Kingdom)—
external.
108% 108%
*107%-'—;?'
119% 120
Guaranteed
,S 2e—1940
\i 'Stamped pursuant to Plan A
t;fe. <:( Int reduced to 3.5%)...—1978
..
3V2S_____-_1968
-vfev
Canadian
to 2% )..——.2012
a
8erb* Croats
Elec Power
Oregon Power 3y«s___-^.i..._1974
cons gtd 5s A_—J962
Canada Soutnern
-:
Div pur. money
A Mobile
V
gold
A gen
Div
gold 4s__1951
1st gold 5s_.——l.1946;
84
v
-
*
§ A 5s series A
stamped
*_1953
Adams Express coll tr
gold 4s—*.1948
Coll trust 4s of
1907———.1947
10-year deb 4y4s stamped.i__
Alabama
Great
1st
3yas__
mtge
with
warrants
;1948
American Telephone &
,
3s
234
3s
Am
—1958
-
;
*107
;
fefefe
—
Tobacco
..u^.1975
Co
debentures
deb
3s_.
.1.
.—,1962
—19G9
Wat Wks & Elec 6s
series A_—1975
A Anglo-Chilean
Nitrate deb
104 Va
152%
114
100% 100%
fel07% 108%
104%
105"
; 106
,
t
1st gold
>:.lst
mtge
v.; 4>/2s
:
4s...;.• J
(111)—
3Vis series
cum
Income
due.
Atchison Topeka ti Santa
General 4s
Adjustment
Stamped
For
4s
gold
....u_..1995
see
Ref
106 Va
71
3V 115 V3
t
.
r
92%
102
4•:*
—_v_—1975
Fe— V--
——.^1995
4s__—..1995
—
footnotes
General gold
105%
94
page
212.
'
132
'A 133
;
119% 124
.;
124."
125%
A
..
109%
1960
105 %
105 fe 105 %
5s
'•'>7%
.
133%
115%
123
^.fe:fell6%fel25-
109%
:
96%
ioey4
v
;
107% lit'
fe
,106% 106%
"AGen
mtge
inc
(convi
106% IQTfe,
*101
—*—..1946
■
;'**> •
—.1997
1st mtge 3%s ser B—fe
1985
Chicago * Erie 1st gold 5s...—;..1982
118
:
81% fe
100%
fes;^.,
106%
-
107%
—
.
125
:
126
'.fe:
<
32
116% 117%
'117% 118 v
>105.%. 105%
117%
-
145%
104%
60 Va
111
119 %
112%
122
102 y4
105
55'/a
f
r
137
104 :
128%■ 131-
*128%
fe
47%
103%
101%-103
--
*125%
59%
1977
mtge 3V8S—_—*.1985
144 y4144%-'
*
106%
felGT ■
R A A Div 1st cons gold 4s
..1989
2d consol gold 4s
fe—
1989
f A Chicago A Alton RR ref 3s
..1949
Chicago Burlington & Quincy RR—
fe General 4s
—1958
rei
—
46'A
102%
48%
;
..1996
-1st A ref 4%s series B
48 %
*103%
4%8-^.fefefe.fe——r.1992
impt mtge 3%s D
Chicago A Eastern 111 RR—
fe
fe
107
106
Potts Creek Br 1st 4s
1st &
49
103%
109
J; Ref A impt M 3Vis series E.—_.1996
;
104*/* 105vat
«
107% 108%
109 y8
stamp
103%
110
' 1999
4*
108%
gtd gold 4s.1949
& Banking Co—
(partial redemption)__1942
Champion Paper A Fibre deb 3s„. 1965
Chesapeake & Ohio/ Ry— : r
-
5s
100 %
106%
48%
35%
§ ACentral RR
103%
,
E__"._.l__ji964
debs
(Subordinated)
155
gold
series. A
101%
Co
&
108%
•
*
1st ref
52%
34%
(4y4-?fe t0 Aug 1 19491974
101 %
.1967
Ann Arbor
94*
:
100
103% 104%
.
Armour
1st & .ref
116
?104%105
-106
Guaranteed
102
*
36 fe
3s—2.L.*.1974
Power
Y
104
102%:
109
116%
89%100»A
fe 148% 152%
103% 104%
104%
•
N
Central Pacific
100
*
r
Central
fefe 55
38
registered 2^—1987
100
—
114
••
108
106%
A5s
106%: 109%
96 fe 103%
fejAGeneTai^sfe—19H7
fe
<A 4s registered ..fe"..—fe—_1987
100
*100% 105
„
:
103%
107-109
■
102 7/a
*99%
104%,.
101%
105'/2
Vie 108
*100
debentures—ui^.^i.^i.^1980
debentures
Amer
* 104 %
fe.
Telegraph Co.—
debentures
conv
2^8
96% 112
104% 105%
103
-
101 % 101 %
___•
L.—1975
Alleghany & West" 1st gtd 4s—..._199a
Am & Foreign Pow deb
5s
—__2030
-
101%
-
assented
mtge 4 Vis.
': ■*
105%
*103%
,
Gen
+
.
J948
Albany & Susquehanna RR 3yas_—1946
107
*105-
3y4S.__.l967
Albany Perfor Wrap Pap 6s
106
'
fe-fe.:;.'
1946
Southern
Alabama- Power
6s
•t'fefe7
Central Illinois /Light 3 Va 8...*——1966
f ACent Now Eng 1st gtd 4s.——1961
f ACentral of N J gen gold 5s—.1987
: '
fe
77 %
"82 2;
99% 101 %
*140
i
60
59
76 %
97
99%
132
141 y4
Monday, January 14, 1946
CHRONICLE
THE COMMERCIAL & FINANCIAL
NEW YORK BOND RECORD
/'
'
■
:
Last
Interest
Exchange
Bonds
No.
A Gen
Ind
ARefundwig
ARefunding
A Refunding
a 1st
&
A 1st
?
to gen
gen
Louisville Ry—
&
Gen mtge
ser
4 Vis inc series. A
A General
of
ACertifioates
deposit
79-
106
Certificates
!
97%
104
15%
29V4
16%
'56
:
£
•
106%
«
k
84%
General
A4s
'
99
63%
70%
29
30
.J-D
Memphis Div 1st gold 4 s————1951
311
'
3-D
<■
645
102
99%
—
102
91 *
101
'101
96
M-S
f'"
J-J
J-J
105
.106
J-J
1962
MS
(t J06 Vi
1943
A-O
59 V4
57%
:
'.58
AT-N
Cine Gag & Elec 1st mtge 2V4S_—_1975
A-O
19
F-A
*112
F-A
104
General 5s series B
987/s
129
•83
42
89% ;91%
106-
J-J:
108 Vi
108V4JL09Y8
£
•„ ■
107
A-O
107Vi,
-
•
'Jf-N
->^82%^3%
82%
J-J
104%
A-O
MS
*106%
vF-A
1955
103%
115
——1998
debs .3 Vis
Conv
.1st
mtge
3s
series
l.-.
At
F-A
debentures.—___________ 1948
.':s '» ' '
I-
1956
HASH
yA-O
3Vis
:
debentures
3ViS
dfthftntiirea
....
n
,
103%
£ .■•- i ■
4s—-^—^--.-——^1956
Consumers Power 1st mtge 2%s—1975
Continental Baking 3s debs1965
Crucible Steel 3 Vis s f debs—
1955
lACuba Northern Ry 1st 5Vis
1942
A Deposit receipts
—
——
—
ACuba RR 1st 5s gold
1952
f A Deposit
receipts
——:
A7Vis ser A deposit rets———1946
A6s ser B deposit rets™——1946
Curtis Publishing Co 3s deb——195s
-y;
A Debenture
I
1-67
J-J
69
JI
..
£•67% .,71.
71
£
74%
57
i0£
10
70
.
US
■■■■
102 V4 102 3/4
J-D
103 Va 103 V'a
102%
J-D
*58%
49 ,:4-.
*86
J-D
«»'-*
80
l-XiXp
49%
.
14
'
.
>->£2£
.
.
>
<
85%
Dayton Pr to Lt 1st mtge 2Vis
—1975
A-O
;
J-D
West RR Co—
Y, Lack to Western div
'
Lack to
Delaware,
N
•
.
ref M 5s
&
1st
mtge
Income
Morris
to
Essex
ser
due
division
consol 4s—
SAConsol
■
•
gold
AAssented
fi
M-N
,
——■
ARef to lmpt 5s series B——U—1978
A-O
j-J
65 %
64%
Div
1st
;f': 71%
*107%
F-A
f \,;
107
:£ £■
J-D
:■
67
107
r
£y
106
109
76%
5%
175
215
167
-
54%
71%
106
109%
Bast Tenn Va to Ga Div 1st 5s_
—1959
16
109
£-£15£
2
117
117
2
J-J
55%
104% 105
-1930
J-D
Elg... Jvliet to East Ry 3Vis
-1970
A1-S
El Paso to 8 W 1st 5s
-1965
A-O
48
66 '
28
47
A%s
110% 117
'
105%
45
>
-1965
A-O
>
£ 42',
104%
71
£' £;vo-, ...•:
*
'•
-1962
J-J
87
50
62%: 89%
54%
204
48 Vi
144
28%
22
74%
176
103% 103%
Af-S
27
107%
13
•loo;
102 Vi 103%
105
105 V'a
160
107
107
M-N
85
84%
97%
102% 105%
106% 111%
102
105
95% 103%
99
105%
,58%
58%
113
,£,• 82 l:
77% 80%
96% 97%
,79
j-j
—
J-J •'
102%
F-A
105%
J-D
98%
.1961
J-J
83
"120'/a
—
'
♦159'
• •
108%
116%
*102% 103
106% 106%
117Vi
!
—
:
:
2
117% 118%
tl?
*117%
-
120%
151
—
<•••_■■'
175 :•
102 y
105
103%
106Vi
121
107
.
102
101% 102
1Q
:3%8
103%
2015
J-J
99%
1964
A-O f
1-
rons
1st
cons
mtge 3Vis
F
1990
J-J
l3t
cons
mtge 3Vis ser G
2000
J-J
1953
U-S
99%
M-S
1971
98
*104%
103%
48
102% 103%
88
;
II
JiW'
II
•Vr{.v
105 Vi
mtge Income
A-O
J-J
£ 69%
*1079/8
106%
rn£
♦120%
J-J
J-J
•
—
118%
A-O
102
173%
4105%
A-O
MS
,
*4-%
.
.
IQ2% 105%
—
7
■
% *109 .;
I 105% 111'
6
'££:
102V4
J-D
; *107
Deo
70%
70
72
18
105.,
103
2
A-O.
105
F-A
80%
,
•:
V-A
I 93Vi£94%:
104%
99
11
•
*-*•:%.)
—
-—1974.
1974:
——1954
stamped
1950
4s
-
-
—2003
2003
—2003
2003
*92%
F-A
93%
98
92
90
80l/2
92"'
,
100%
100%
'■'93:
•
96
88 y8
96
733/4
•
90
87 V*
91
..
94%
80
,
92
89%
£
1043/4
5
111'
>80% £06%
36
-
M-N
59%
55 V*
I
£>93%
£
F-A
£ J'J
.
76%
50
20
80%
109
—
80%
-£<<>
£
*100%
Lehigh Valley RR—:V.<:
4s stamped modified
:
2003
•'•'-•
8
4%
no% 110%
J-D;
•
reg—.—-—1975
registered
J4%s stamped modified
•4%s registered.
5s stamped modified
188
104
—
195
*—,
,
79
107%
109%
102 £
101
—...
*105% /—
J-J
122
62
I
69^8
*109%
J-J
"
Leh Val Harbor Term gtd 5s
1021/4
106 Vi
2
83 V*
105% 105 Va
4104%
78%
93%
78: £ 91% r
93
107
103% 104
357
*
reglstered-£-.--..^-£-^-.1997
1st to ref sink fund 5s
60
*106
107%
,
£/;:v..: :v ■ \ £
■'•
-
102%
'96%
104%
''«
105 %
98
102%
103
85%
83%
.
102%
102
108
—
103 % 103%
99
88%
8
—
?,82y«
84%
Xo
1970
Lehigh Valley Coal Co— ,
* ■^ ■
1st to ref sink fund 5s—i—..—1954
5s
stampede—^
—
1954
-1st to ref sink fund 5s
;-——1964
5s
stamped
1964
406y2 118
100
r
16
99
*106%
A-O
*-
•-
98y8
104% 104-%
A-O
gold 3%s..i—1997
Lehigh Valley N ¥ 4%e ext
1st
.
82%
967/o
a-o
108
106%
9'
87
.
98
75
.
u-
106% 107%
82
106%
105
41
108
v
1st 3s_.-1950
1
Lake Sh to Mich Sou
!•
3y4s—
81% 103%
49%
J-J
.J-J
106
£ 76% ; 99%
93%
73%
.
106%
,
105 ya
97
204
102^
a-o
101%
99%
,
'
105
100%
104
•111
MS
a-o
1031
89
'*'•4
97%
92%
109%
5s
mtge
;.82%
*105
j-j
Kings County El l & P 6s———1997
Koppers Co 1st mtge 3s
1964
lAKreuger to Toll 5s ctfs-£-*.—1959
,
*106% 108%
£
M-Jf
-1995
1st
:
JJ'
; j-j
104%
83%
6
98%
92%
97V£
j-d
,
•:.95Va 103/
16
»■
—
102% A'-j:
101% 102%
102%
j-d
--—^————-^-1961
unguaranteed———^.1961
Plain
108%
106 %
106
•
:
Af-N
E<? S3 Ul (NY) 1st cons gold 5s_
El«£ Anto-Lite 2 Vis debs
Div
j-d
Terminal Ry 2%s—-1974
Kentucky Central gold 4s
1987
Kentucky to Ind Term 4%s———1961
Stamped
^-£———^.—1961
A 1st
Ohio
106
-106
106
£99
13
<
"
*104%
1959
Lehigh Coal to Navigation Co.—
,S F mtge 3yas ser A__
H
105
104
96%
74
100
23
*102%
•
F-A
to Mem Ry—
Lautarii Nitrate Co Ltd—
ser
j-j
Kansas City
19
Pmm,
3
"I'l.v.
45%
105
2s
'
2011,
■i
101% 102
101%
E 105
j-j
gold 48—1990
Kansas City Southern Ry
21
5%
i i,
65
45V'8
J-J
cons
j-j
1 ARefunding gtd 4s———1936
A Certificates of
deposit-
75
;
—
63%
"■"'■'2,'''
1st
,.32
101,% 102
1955
Kansas City .Fort Scott
61
107%
:
J-J
ser
■
:
84 0 102%
IP
100 a:
4':•'■ £'•'94%
.41
v
/
75
88% ,106%
.84% ,105%
::
:Z4
103-5104?:,
.104H
101
il08
K
.
- ••£<
I, iivi
A-O
mtge inc 4%s 6eries A
mtge 3 Vis ser E
r;.-517,1,.'=
f-a
1st gtd 4s
Kanawha A.Mich 1st gtd
59
109V4 109 Vi
tJADU Sou Shore & Atl
Gev.
■>m m
105 y« 105 Vi
89 V*
v
78%
62%
384
69
f ,1' i,
*108%
J-D
57%
16%
16 V4
63
69
Dul Miss to Iron Range Ry
Empire Gas & Fuel 3%s
<105%
J-JP
1951
—1951
1951
Jones & Laughlin Steel 3y4S—
105
,v££28
76
14%
A-O
1970
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s
1995
Detroit Term & Tunnel 4Vis
1961
Erie Railroad Co—
104Vi 105Vi
<
v
103%
<70
'
f
52
I
74%
15
££■55%
J-D
"
105
U-N
107%
.
<101
#gj
A-O
103
103
T
—
108 V*
379
,
--
72
76
M-S
stamped
102%
105%
98
94
—
68%
,•£'■ '.74%
A-O
5s
45
"30
-
*102%
•v;
MS
gold 3s———£11951
Debentures 5s
26
72%
■
F-A
G—1966
3Vis—1962
gold 5s—1937
Duquesne Light 1st M 3 Vis
—1968
*
A-O
—.....
————1958
C_———1950
fAIntemat Hydro El deb 6s—
1944
Internat Paper 5s series A to B—1947
104%
93
65%;
68Vi
;
J-J
—1965
Edison 4s series F
Gen to ref mtge 3 Vis series
Gen to ref 3s series H—
103%
102 Vi
91
ioo%4oo%;
-*
Detroit
-.,64% ; SClv.
265
II
*105%
J-J
.
Alst .gold 5s series
43
•104%4051/4
105
105%
'
„
,105%
j&f-N
4 Vis
££-—--1952.
James Frankl to Clear 1st 4s-
1993
—
1936
1936
jDenver to Rio Grande Western RR—
AGeneral s f 5s.——————195S
j a 1st
A-O
M-N
—May 1 2042
Delaware Power & Light 3s
-1973
IDenver & Rio Grande RR—
*
3%s;
Alst 5s- series B——
50%
103%
-
4-6s—I
Coll tr
115%:
,^Xp|%205%.'
; ■'«'*
J-J,
Int Rys Cent Amer 1st 5s B.—
1972
Int Telep & Teleg deb gold 4%s—1952
•
.
-87%
113
m
38%\A0Vi
40%.
101
.72%
161
•^,
J-3
Ref sink Fund, 6s series A——1955
: ■
-i
100
;^;:B1%':^:',80 v.V,;8l%,
A'-O
V103Vi
.96
byy F-A::
AAdJustment 6s series A—July 1952
•••
104% 105%
*103%/
12
"66.
^
'
1973
C—
105%
<
"137-^^144%'»
£ioo y4101%
£ 101; - 102 Vi
100%
102 %
•>.-
52
D
Dayton Union Ry 3V4s series B—1965
Deere to Co 2 Vis .debs-J^———1965
Delaware to Hudson 4s extended—1963
•;
JrD -v
U-N
,
..1956
Indianapolis Union Ry 3%s ser B_1986
Inland Steel 1st mtge 3s series F—1961
^International Great Northern RR— >
A 1st 6s series A-———
:_1952
51%
41 M
100%
107% 110
*140%
.
JrJx:
gold 48—-_-w—1953
fAInd to Louisville
50%
:
41%
-
102% 103%
K-
,
40%
49 V*
y.
•
5
u-n:
.
1st ref mtge 4s ser D_i———1963
ind T01 t'A: lowa 1st goldvas—£^£££.1950
•
61%
40%
.£. 18 £
,
.47%
49%
103 %
A-O
V
•
49 V*
J-D
104
50 V*
88
47%
,
1
60%
48 £
49
Cj-J
;.
102%
£r>26i % 100 y4
J-J
JJ
Western Lines 1st ^d:4$^££^J95i:
'Registered
'••
SI Cent and Chic 6t L & i'N.'G*' f i r **5 :
Joint, 1st *ref- 5s" series-A—.1963
1st & ref A Vis series C.
——1963
103% 104%
52
106%.
105:
106%
r7A
-67.
..70
>^8*4>98%
.
75%
58%
.
J-J
104
F8
*108%
•••
-Springfield Div 1st gold 3%s
.
J-J
fAConsol Rv non-con? deb 4s——1954
'
1
102%
91
-
10
-
*'100
*
.108%
'
St.. Louis Div & Term gold 3s
Gold 3Vis-i—7.:..—
;.
..
101%
s
104% 107%
IP
106 £ 106
m<-.
A Debenture
J-J
"
li'V2#-,
Omaha
105%
102
-1
103% 103%
J-J
102% 104%:
106%
14
103
•'
lavi
13
t
.
112%
101 Vi
24
'101% 101%
101 Vi
A-O
,74-T •;:84^/;
''1
/
,
U-N
r 102%
101% 102% •
U-N X S107X /U07/il07Vi'<
£.1956 *""
^'yeat 4%siL-——^--^.£w—£-1^1966' •....•• F-A., ^95V 94% ' 95%
Cairo Bridge gold;4s„——>_—_1950
-f,v.
j-D * XC'ptp'f' *J06Vi:'*io2ViV—w-.
"Litchfield Div 1st gold 3s—<——-1951
J-J-'-'
V£103%:103% ?
j-J/.'.
Louisville Diw ACTerm gold 3%8-1953
Collateral, trust
Consolidated Edison of New York—
3 Vis
103
106
Refunding
105% 107%
106
106
104
102% 102%
A-O
Feb 1957
Purchased: lines
;
111
106'
102%
J-J
A—A—4^.2015,
1969
—
106%
-sv,"-'-'
106 V*
103%
103% 104 V*
106
■J-J
gold.4s—n iJ-1951
1st, gold ,3 Vis.—.—-————.1951
Extended 1st gold 3Via—
1951 •
1st gold 3s sterling
1951
Collateral: trust gold 4s———1952 :
Refunding 4s—
1955
134%
105% 108%
J-J
1961
Conn River Power s f 3%s A
?135V4135^
;108% 109%
*-109V4
F-A
—1977
1951
L
116
.22
104%
A-O
-
1st
108 >111.
v
105Vi
W:
105
16Vi *17%
'
X
Mn
16
84
N?
90
?80
107 y4
111%
106<
'
Ist Ss A_^__1957
Illinois'; Central RR-^-
'
?"<fevl4
104% 109
*17
Feb
Illinois-Bell -Telej^YVia series A-^-l9Sl
■
Conn Ry toh 1st to jet 4Vis
Hudson to -Manhattan
107% 108%
•
110%
vIllO,
♦
34
103%
105% 106 Vi
Feb
-1989
86%
68
39
J-'.
104Vi
104
_
V
109%
25
104 Vi 105
J-J.
1959
debs-i—
,1952
J
,
1970
Commonwealth Edison Co—
1
-J-J,-;
^DfebemturesVetfS'^^ii^Ui^^^i
108%
102%
3
107%
■
105% 109%
48
V107% 108%
112 y»
107
110"
106 Vi
9
;;.-.te!04%-109fcU
21
■.«!
130%
110
,
107 Vi 107% &
AAdJ Income 5s
115%
xm
1
137%
127% 127%
J-J
107
107
109Va
107% 1083/a
108
128%
121%
J-J
■
123
2
1
I
107
5:
8
n
136% 136 Vi
16
106% "|09% •
.
—
109% 109 Vi
A-O
extl gold 4s__1948
Columbus to Tol 1st extl 4a
01% 5
80
102 y«
118%
'
101% 106
5
*106%=S_
*115
_A-0
—1961
Columbus fr Sou Ohio El 3 Via-.-
99%
5
.106
♦104%.—
M-N
A-O
.
122
.
V.JP-A
1980
modified^—
Columbia Gas to Elec deb 5s
1st
97%
91Va
1977
Colorado to Southern Ry.—
Columbus & H V
98%
122
J-J
—1950
—1961
1972
1973
f 4 Vis series C
4%s. (stamped
-98%
.28
121% 122
"
.1999"
Hocking Valley Ry lst 4%s.
19AHousatonic. Ry cons gold. 5s—-1937
Household Finance Corp 2%s—
1970
Hudson Coal 1st s f 5s series A—-1962
Hudson Co Gas 1st gold 5s
.—1049
112%
j
102%
H
J.04%
107
U-N
,
gtd
•
116
91%
102%
*i02y8
J-J
J-J
•54%
100%
42
103% 104
104
j-d
-J-J
•
105%
58
39%
S9Vi 116
.
*116
Ijif-N
>
.
82%
i',
65%
40
*58 ' •:
111%^12%
102
4
%V»
79
r
108% 108%
Ghllf States UtU 3%s series D.
:
88
J-J
ist;ar ref .3%s series D__
^
Gulf to Ship: Island RR—
llstto ref Term;M 5s stRd-i
5102%
-
-".-1
1990
Cleve Short Line 1st gtd 4 Vis
Cleve -Union Term.,gtd 5 Vis
a
76
85%
,
j-jfi
^1976
--1977
;
Gen mtge: lnc> 5s series
103% 103Vi
111% m y2
111Vi
'
,riiV4
1970
Ii.:"
J-J
Gulf Mobile! &-Ohhx. 4s series B_—1975
,'58
,53% s 59
<
.
J-J
Cleveland to Pittsburgh RR—
-Series C .3Vis gtd
———1949
1st
-.!5i
32
104%
1991
-
8t L Div 1st coll tr gold 4s
Cleveland Elec Blum 3s
f 5s series B
-
',
JrD
—1993
Cin Wab to M Div 1st 4s
s
v
J-D
Ref to impt 4 ya s series E——1977
''"£'V;1
103%
)
■
1st mtge 2Vis ser G
1st
-
■
52%
:
25
90
104% 105%
.
90
106
kl'I ?■'. ;I
•
J-J
10,5% 406%
i
68
.59%
90
loEvi
c
1st -mtge,gtd 3%s series E—
n-' :v
-I
94
57
1
Gen- mtge 3%s _ser
Greyhound Corp 3s
111
>108 v
.9
V
••'
88
/
fry
i3%s.ser/K;—-itl965
L-—-*---19.70
i
,Qen mtge 3 %s ser Mi-—-^iw—1980
Gfeh mtge*. 3%s ser N——„—;1990
:
Geh mtgd .3 %s ;ser
;L--i-2000
'agftbn'fia^'&^wes^^etfcctfsas^^-i.
105
.102
40
..
59%.
-
97
;.v.,
.106%
106-
C- 59Vi
§ADebentures 5s part paid,—1957
cons 5s
1952
A-O
tAChoctaw Ok «b Gulf
1969
—1974
Cleve Cin Chic to St Louis Ry—
General gold 4s
1993
'<
102
103
-
Gem mtge
"■
104% 108
110% 110%
1952
98%':
83
107%
*107
4s
Series D 3 Vis gtd
83%
21s
■'
Cincinnati Union Terminal--
55%
104
104
deposit^-^LAi^i-A. ^
General 4%s series D,
General 4Vis series E_
106%
94%
107
96
•96
:
com
43
105% 106%
96
97 Vi
106
J'D
(ACertlflcates til deposit
1st to ref 4Vis series D
ii.-' »•>'
•£,
128%
09%
155
J-J
—J^1949
5s—i—Oct 11945
—
.
JJjAChilds Co deb 5s part paid
.4:16 £
102
—
M-S
Castings 5VaS-
General 5S; series-U-«fcil97a
••
Chic to West Indiana
II
...
105%
117% 132
102%
j-d
I
—-1969 ;
Grays Point vTerm_lst gtd 5s
1-^-1947
GreatJNorihern'Ry-.Co--';<r.'c %<;•£%;•-*'•• >>T.
General 5Vis series B
1952
106%
95
106% 107
*99Vi
J-D
High
104
££ 5 I
a
*
.88 Vi.90
*50
98
Hx-Vx VP
XP.
1949
Cgrp—
t§ AGa Caro to Nor .1st ext 6s——-1934
r Certificates
of deposit--u-—-~--w--%, :Goodrich (B f) Co. 1st mtge\2%s-1965
',.-47%V""74%
-52% ' 79y4
13%
31%
2,557
-69%
77Vi
28 Vi
77 Vi
1963
1963
i
imJ"
'%+■
'A-
debs-
:i;%Certificatesof ■
108*%
78%*
231
.
.
70
'
AT-N
to Utilities
4nc
t A Georgia to Ala
A
v".!
66
V-
94
us
—
C
,130.
-
102,
.
89 Vi
b U-N
'
-I
99
104%
*
Realty
conv
Gen Steel
95
-80 Vi' 105
I960
Chicago.St L& New.Orleans 36s
1951
Gold 3%s—-1951
G
105
105
*105
£'■'/.
•
Af-S
.1956
trust 6s~
Gas ft Elec of Berg Co cons 5a_
94%,'
77Vi
101
"68 Vi
A Conv
mtge 2Vis ser
J-D.:£' £.
.
'
coil
105
$
"'-p.-
100
-
"104Vi
68 Vi
1st
Low
j
461
94 Vi
93%
94 Vi
-
A-o
Chicago Union Station—
l6t mtge 3 Vis series F
No.
••
J-J
Dec 11960
Range for
Year 1945
G
105%
1,080,.
91%
.F-A
Southeastern 1st 5s—.1960
Sold
High
M O CO
104%
297
J-J
1974
31%:
105
;.££:'^^£ I'1'
-
Income guaranteed 5s
Bonds
*102% 112
1959
»
I ARefunding gold 4s—.^.^..,1.-1934
lASecured 4%s series A
1952
Chic T H &
£
■
■
V
Francisco Sugar
—
87
91
js ■;
gold 4 lis—
deposit,——
of
f;
Af-N
1981
1943
Pi
■
105% 105%
io3%io4%
105%
JS
1-1988
4s
:
112
72
32
-£-• v.i
*107 3/4
.J-J
j
Low
•
J-J
1999 ■?.
1st mtge 3s ser B
—1989 £
IfAChicago Railways 1st 5s stpd /
25%
partial redemption
1927
^Chicago Rock Island & Pacific Ry—
51
27%
26
'it. il vV'/'-
i, J-J
Chicago & North Western Ry—
2nd mtge conv income A%s
-
27%
Sale Price
|
High
84
44
42
110 '■>:£•
.224
24%
23
24%
J-J
2044
lis conv inc series B
4
If-N
J-J
1994
2019,1.
A
m '65%
63
Week's Range
or Friday's
Bid to Asked
Last
Teriod*
100
125
102 '
:
no
J-J
f
'90 V4
39
107% 112%
J -J
Chicago Ind & Sou 50-year 4s_____l95B
Chic Milw St Paul & fac RR—
1st mtge 4s
114
125
J-J
1947
gold 5s series B—1947
4s series C
—1947
5s series ,A
,—1960 ;
6s series B
May 1966 ;
6s ser A
Low
■•£■>37
.
'".77 4 "79V4
79%
J- J
2038
lnc mtge 4VaS
IChicago
96%
"'953/4
■
95%
J-J
1988
4s series A
Year 1945
High
Low
5
ist
Chicago Gt West
Interest
York Stock Exchange
New
Range for
Sold
Bid & Asked
Sale Price
Period
Friday
RON 9a
Friday's
or
£:'
11
Week's Range
Friday
.......b o n d s
New York Stock
RANGE FOE WEEK ENDING JANUARY
M-N'
62%
-896
55 V*
46
45 V*
701
47%
...
63V2
55V4
68
■
£'£ 62%
68%
'
643/4
71%
£.■; *47
66 / £
'
69%
45%
60%
.,
££'*54%
5f-N
:':£
52%
.-•-*£ 52 %
204
•
66 Va
;>•£ 53%
76 y2
Volume
rrtAT.
THE COMMERCIAL-& FINANCIAL rwpnisiTPT x?
CHRONICLE
Number 4455
163
*
.
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING JANUARY U
.
„v:
>f-D s
New
r
Week's Range
'or Friday's
Sale Price
Bid & Asked
Sold
Year 1945
Low
No.
Low
Friday
•
Interest
Yprk Stock Exchange
v1.. Last
■
Period
/
Lehigh Valley Terminal Ry ext 5s_195l
gtd
1965
A-aj
Lex & Eastern 1st 50-yr 5s
Liggett & Myers Tobacco 58__:-,,-1951
Little
'
Miami-gen
4s
A
A-O
—1962
__
,_l9ab
series
Long Island unified 4s__
;
Guaranteed ret gold
debentures i
Louisiana & Ark
5s
&
ref
M 3%s
&
ref
M
>> 43
~
78%
—
'106%
•"
Norfolk Southern Ry Co—
■
1st mtge 4%s series.A
_-«~.1998
; A Qen: mtge 5s conv inc—>.2014
Norfolk & Western Ry 1st gold 4s_1996
116
106%-107
MS
106% 106%
120
AnO
105%
105% 106
J-J
[
27/8s ser G—2003
...1948
•
104%
^
108 >'
£
j A-O\
■■/■'MS
1951
106%
107%
118%
120
12
•
103% 105%
103 > -106 >:
47-v>-
.
i;
«
5
/
16
; 101W
105%
111%
100%
95%
-
1
M-N
102% 102%"
:
108 %
::106%
-
62
102%
4s
v
registered
Gen lien ry ft Id gold 3s
3s registered
Ref ft
imot 4%s series
'.'Coll: trust
100%. 102 Va
Vi:
Northern
I V:'ioo
rf 102'/a
'-I//} 114%: ■117%
v-;
Manati
J-D
Sugar 4s sink fund...Feb 11957
AManila RR (Southern Lines) 4s
McCrory Stores deb 3 V«.
'84%' 87.
101% 101%
M-N
88
Jf-N
1959
—1955
?65%
2
100
Af-N
M06
A-O
F-A
27
(Chic)
4s__1938
V
Lans
&
Sag
3 Vis.......... 1951
1st. Rold , 3 % 82....—^,^..
Ref ft impt 4Vis series C
»106%
J-3
1979
4100% —
M-Vt
,1952
Michigan Cons Gas 1st mtge 3VaS-1969
(8 A Midland of N J 1st ext 5s_„..1940
;
v
U-S
•105V2 105%
>110% 110%
MS
A-O.
V
Oklahoma
;29%
-98%
AGen
mtge 4s
lnc ser A
1991
J-J
1990
J-D
1962
J-J
1962
J-J
Prior lien 4Vis series
1978
A Cum adjust; 5s series A.*. Jan 1967
(Missouri Pacific RR Co—
J-J
Mo Kansas Si Texas 1st 4s
...
79%
100
:
mm mm mmmmtm.
bmtmmm
mm mt mm mm mm
271
A 1st ft ref 5s series A...
AGeneral
.
A-O
V
:
98%;
F-A
97%
95%
97%
62-
59
62%
: 64%
.
565
MS
97%
95% -97%
M-N
97%
95%
M-N
1977
gold SVis...———.*^-1949
Alst ft ref gold 5s series H.....1880
Alst ft ref 5s series
42'/2
A-O
*96
97%
72%
74%
89%
82
105%
M-N
5s—...—.1948
83%
-v 5
101%
63
*••••".&
J-J '
18
V
New Orleans Great Nor 58 A.
A
Certificates
a 1st
5s
J-J
JrJ
J-J
;•
V -1.
..
j
A-O
—
A~-b
1954
93%
ACertificates of
5Vis series A
.
/ACertificates
of
91
91
AHO
97
1954
"KA"-
i
A-O
96%
102%
J-J
108%
98
101-
.1998
F-A
93%
.1998
F-A
90
90
N Y
F-A
*98
;190
'
47
*99% 10897% 105
-
87-
3
94'
39
•
81%
95
•vj
■
-
97
81
80%
.1975
J-J
106'/a 106%
J-D
.1980
23
104% 1041/2
•
7
,
i
B.. ,.1975
A-O
102
1 .1951
ser
F-A
104
gold 4s—.
N Y Edison 3%s series D
-1965
1st lien ft ref 3%s series E
-1966
N Y Gas El Lt H & Pow
gold 5s..
Mtge 4s series A
F-A
M-N
J-J
J-J
M-N1
(N Y New Haven ft Hartford RR—
ANOn-conv deb
4s.——1947
ANon-conv deb 3 Vis
1947
ANon-conv deb 3Vis—
*—1954
ANon-conv
deb
4s
1955
ANon-conv
deb
4s
a—-1956
ADebenture certificates
AConv deb 6s—*
j A Collateral trust 6s
m mm
3Vis*—1956,
ADebenture 4s
Alst ft ref 4Vis series
of
4s---v.—1954
(AN Y Ont ft West ref
gold 4s
AGeneral 4s
N Y Power ft
*
a
(§AN Y West ft Bost 1st
4Vis
Niagara Falls Power 3Vis
For
footnotes
see
page
11943
1946
a—1968
212.
78%
100
91% 107
58%
76%
70
69%
70%
54%
-74%
70%
66
ref mtge
ft
5s
1st ft ref mtge 8s
;
M-S
3y4s
ref mtge 3s
1st
1
103-
;
106% 108%
106%
108%
127%
124 Va
118%
125
135;
129
A-O
j-j
V 70
Vi
J-J
55 >
75
68 V2
73
56%
77
72%
68 %
73
56%
77
134 V«
128
128%
103%
109 Va'
102%
106 Va
106
v' 92.
93
v
.
,
93
18»'
:
..>109% V,
92 :,'T:
78 V2
■>.*72
*106
„>
i
78%/■;80; *'*:j
106 v 107%
:
104% 105
96% 105
'
105
—w
*135
J-J
108%
.105
J-D
M-N
104%.
M-N
104%
M-N
-105
106%
{ i
•105% 106
106
107%
\
:
23'A
21
F-A
*106
*116Va
Jlf-N
*117Va
F-A/
*114%
F-A
*125Va
113 y4
,
114
..
123
126%
124% 127
128% 134%
—
107
10
A-O >
107
104% 109
101 Va
104
2
105 Va 106
•
J-D
99%
99%
99
99,V4
26
99%
117
>
A-O
J-D
*105
F-A
*125Va
*105
J-D
99
m-S
36%
■
\, 32"
:
„
m-n:
4160
108%
113
113
43%
25
101
103% 103%
109
107%
"5
2
160
;
110%
108 7/a
155
__
108% 108%
J-J
J-D\
104 V*
10
*109% 110%
J-J
94%Toi%
55.
-
' 36%v
109
/
•108
•
99%
106
125% 125%
'tf'X
—
100%
*113:
m-n :;
■
99%
84%
105
106% 106%
F-A
99 Va
84%
.
99
106%
J-J
./
^ /
*125Va
J-D
J-J
84%
;13
•
,
98%
A-O
106V»
103% 106%
*104%
J-D
10* %
99% 101%
152
100% 101%
101%
J-D
136 Va
129
6
*103
J-J
113%
113% 116 V*
115
—
22
M-N
v>-:w
106% 107
~
—
*126% A133 % 135
> 135
,135
J-D::
27
15 Va
101% 104%
104% 105%
J-D
160
224% 245
*245'/a
;i
70%
67
79
73%
71
;
54%
79 ■:
'87%:
89
M-N
38%
35%
40
J-D
77%
72
"63 •>
>
77%
M-N
>* " .nrs > ////■ ////
25,
15
22
"S
103%
A-O
>'87%,
M-N
106
J-J/
105%
26
12%
15%
103 Vi 103%
87 Vi
86%
> 105% 106
> 105% 106%
72
> 72
40
40
40
.29
29
29
97%
37%
F-A
>
M-N
J-J
u-s:
937;
.470"
61:
>: 4 15.
>..23
16
97%
33 Vi
J-J
73 Va
-
21
r>iir
V: 14
/
,*108%
82%
'83%;/93%;;:
Ik
:
1,066
Reading CO Jemey Cent coll
17%V-'30%;:.|V
4%v:i7% -f v
ioo%^io^ya-i/
74% V89 V ' {;
<
l.:'
104V4* 107 V4
62%
80
26 V
48
113J«€.35
V
-
25%-
'44
■
'
106%;109%
1
"/
..
'
'''
■
'
'
"
"
100% 103 V4
*104%
'
1-0
Tfoki
T
1
'l02%
<-
..
mtge^ (4.7% for I945):due.l975 >
Revere Copper ft Brass 3V4s_i960 v
(JARio Grande West 1st gold 4s._1939
Alst
cons
Gen
x
& -coll trust
4s
Elec Corp-7
mtge 4%s series D
Gas ft
^
Gen mtge 3%s series H
Gen
mtge 3%a series I—
"Gen mtge 3Vis series Jl
L_.
15AR I Ark & Louis 1st 4%s;
(ARut-Canadian 4s stpd.i
(lARutland RR 4%s stamped.
-
1967
1967
1960
;
V ;
4
86
*125%
107%
104% 108
105%
103
-
78%
98% 110
; 80
16
/
110
!
62
209
i.
-
,
.
M-S;
M-S.
109%
*108
108% 108%
'
108% 108%
M-S
M-S V
■
i07%
107% 109
.
//MS/
1934
1940
1041
:
:io7%
*104
M-N
J-J
--A-0
r
—1977
:
^
1949
A
106 h
;.
,
64%
-
;
75%
16
19%
24
109%
51
70%
18%
23
J-J '
J-J •
108 %
27
17%
30
>
^
-
'
_
K Gen
■
V105%'-108 >
A*
Rensselaer, ft Saratoga RR Co—
Rochester
3
.
93%j.ioo
'
37%
I
I''.
v74%
10m "I09t
V
■■
f'-VvV;.:
v
R
'
59%
81% .1
>-■ iV;-::vf•
i
■
V<25^-V.45%.'T
*109% 110%
M-S
F-A
/
-
J-J
' { j
:U
•••?/
i
Baguenay Pwr Ltd 1st M 4%'8^^..196t
Bt
Jos ft Grand Island
1st 4s
1847
v>,*d-0;
V
J-J
104%
104% 105%
*102% 103
\
15%
23%
20%
M-N
{
104 Va
104 Va
105 Vi
A-O
101% 104%
„
„
101%
J-J
v
104 V*
104% 104%
i
F-A
v
:
131%
108%
102 Va
.
104% 105
138
128%
105 J/4
*103% 105%
'■
M-S
131%
...
•130%,132 v
108
108%
J-Jc
? ■:
'
'
V
;!■
118%
Q
72 Vi
;
M-N
V
128%
126 V*
10774 108%
F-A
————1964
Quaker Oats 2%s deb
:
105% 106
M-S
'
106%:";
101%
»
126%
108%
A-O
<
106 %
104 V
•
72
J-D
1993
84
1st ft
V
>
?
7DV4
M-S
—1965
91
mortgage 3 V»s
Public Service El ft Gas
i
108%. 1163%
114% 116
110% 116
71%
1955
3Vis.—a
..1963
(§ AN Y Susq & W 1st ref
5s....—1937
§A2d gold 4Vis—
1937
T>{ A General gold 5s
.1940
ATerminal 1st gold 5s—
1st
M-S
1992
Light 1st mtge 2%s_1975
N Y & Putnam 1st cons
gtd 4s
N Y Queens El Lt & Pow
3 Vis
N Y Steam
Corp 1st
.
105%
106%
118%
F-A
vj..
A-O
—..1957
(AProvidence Securities 4s
90
^sJ-J,'.
1927—.1967
1st M 3V*s
tAProvidence Terminal 4s
78%
J 940
(AHarlem River ftTPort
Chester—
1st
El Pwr
Potomac
V
►116
M-N
1948
<m tm rnmrnmm. m m
m
105%
lnc deb
V
115% 115V4
115%
T32
,'129% 129%
Apr
1977
—1964
1966
1977
*1957
1956
1968
1972
2037
2037
tst 4%s series D
108
;
114
109% 112 %
<
M-S
series A
1958
mtge 4%s series B_
—1959
mtge 4%s series C
1960
Young ft Ash 1st 48 ser A
1948
gen 5s series B
-1962
gen 5s series C
1974
-iPlttston Co 5%
111 V8
37
V5
:.V>VV>"1<
T06
jrT27'<,
.125%
134%
>128%
J-J
:_1985
J cons guaranteed
-107%
105% 109
Ml
113%
»iio
.2043
*.1973
.1973
101 Vi 101%
128%
A-O
ft Eastern 4s ext—
110%
*._•
-2043
Mtge 4s series B
N Y Lack ft West 4s series
A
4Vis series B.....*-
13
1st
,
103
J-D
,.1949
-2000
....
100%
10
1st
135
A-O
.---1947
———1963
4%s__1964
Gen mtge 5s series A——.,—1970
Gen mtge 5s series B-———-—1975
Gen mtge 3%s ser E
—1975
Pittsb Coke ftChem 1st mtge 3%s_1964
Pittsburgh Consolidation Coal—
3%s debentures x.i
1965
Pitts Steel 1st mtge 4%s———1950
1st mtge 4%i series B
1950
Pitts
126 %
J-J
1984
104%
A-O
-1948
Purchase money gold 4s
N Y ft Harlem gold 3 Vis
19'
104% 104%
104%
50
104%
106% 107
A-O
103 Va4
105%
111
*106%107:>:>127%
J-D V
fe%s
i——-1974
Philip Morris'Ltd deb 3s
*
1962
3s. debentures
--1963
tf APhilippine fly 1st i f 4b——1937
.V ACertificates of. deposit
'Phillips Petroleum 2%s debs,
-1964
Pittsburgh Cine Chi ft St LouisSeries E 3%s gtd gold
-1949
Seri38 F 4s guaranteed gold
1953
Series G 4s guaranteed—
—1957
Series H cons guaranteed 4s——2960
>
-V'---' I-:,,.:: -,-..
1st
M-N
F-A
1960
.——.Apr 1990
Peoria ft Pekin Union Ry 5%s—-1974
Pere Marquette Ry 3%s ser D
1980
Phila Bait ft Wash 1st gold 4s—- Vr
;
General 5s series B
1974
General gold 4%s series C——1977
Philadelphia Co coll tr AVis
1961
Phila! Electric 1st ft .ref 2%s—.1971.
1st. & ref M 2%s
1967
1st
•
107
103%
:
106% 107
J-D
—1952
mtge 3%s ser F—
Gen
•106
M-N
Pitts & W Va 1st 4%s
104% 107
100% <104%
•
112%
104 Va 105
92
v
>
;
80I-V100-
Vf-*:
125%
112
105
Series
,83>.;;102%.
121
121
112
A-O
Series I cons 4V2S
:
78%:., 98 34
>
107%
.
1X7
>■>'5"
y
f debentures....:^-._—_^-1965
1st
D
Connecting RR 2%s
N Y Dock
..
.96
100%
83% -,83% V
83% ,105%
Chicago ft St Louis—•
series
'
85T%T03%
-107'A
'96%' 97% "
97%
I
'
:
lor
:
"
107%
,
106%
Jy
".
.T'-V
106
1st and ref
j
.
457
95'/4
mtge 3%s
'•
*
250'
108 Va 109 "
J-J
.1998
registered
*
"-81:^v97%;:V>
173
V
•
.1997
Ref mtge 3'As ser E
v.
13
102%
90
Ref
,
80
ii::98%"
98%
97%
A-O-
F-A
3Vis
v
«!•
54
V 1L>
.1998
New York
-105i;
77V;.: 77
80 V, 101
"
97
Mich Cent coll gold 3Vis
.1997
•
104% 109%,
'y"r
.:
v:9i%
Cent & Hud River 3Vis
3Vis registered
Lake Shore coll gold 3Vi8——
3 Vis
registered-...-.—i.—
—.—
'
10%;.108%
deposit......
N Y
'■
104%-108%, I
>'
95%
95%
deposit—...
Central RR 4s series A—... .1998
Ref & impt 4Vis series A...
.2013
Ref ft imDt 5s series C
.2013
:
115%
80fy> 99%
FS
N Y
a
100•
99 V '
*94% 103 V '•
F-A
D____________
Alst
=
:
123% .126%
84% 4?,
of
series
112
"
105
17
33
T05% 105%
'4-—
108%
• •
A Income 4s
.102%
>
177
<,
—
106%
Peoria
-
85%' V
*81%
*104
J-D
Peoples Gas L ft O ref 5s
107*
110% 112%
96.104%
95 V
107% 108% V } -X:'.'A
•
107% 108 Va
A-O
Gen mtge 4%s series
Conv deb 3Vis
I
104tV 107 v*
"107 Vi 108 %'
,, •
„
—
deposits. J—
:series--C.---w—
of deposit
4Vis
-
* 105%'
..
v
ACertificates
A 1st
2118
-
.
MS
(New Orleans Te? as ft Mexico Ry—
SANon-cum lnc 5s series A-— 1935
A Certificates of
deposit
Alst 5s series B—.—
99%
112% ii2%*:.,
«'=&-• -125% 125%^
••■:ti8/ ': :Ti8:; ' ii8':';
*107%;
•
F-A
.1983
V
99% 101
97%
IO8V4 109%
1960
if?},:
•
102%
.
104 Va 107 Va
T
107%
:.>27-' >>105
104% 108
39
104% 105%
M-8
j,
•
M-N
N O ft N E 1st ref ft imp 4Vis_____i952
New Orleans Term 1st gtd 4s..—1953
»
j
.105 V
"'
99%
J-D
MMMMMOOtWO'MM.*
82 Va
HO,
101
.
>
109%
M-N
3s s
I
96% 104%
104 "106%
•
105% 105%/:
101
J-Js
105%
106%
t'r
105%
.>1960
Pennsylvania RR—
Consoi gold 4s_—
1048
4s sterl stpd dollar
.May 11948
Cons sinking fund 4%si-.-.
1960
General 4%s series A
„1965
General 5s series B
-1968
General 4V4S.series D
w
-.1981
1
87%
>
26:
••v
'
| A New England RR gtd 53
...1945
A Consoi gtd
4s—.————-1945
New England Tel ft Tel 5s A..—.1952
■Z 1st gtd 4Vis series B
1961
N J Junction RR gtd 1st 4s
1986
New Jersey P & L 1st mtge 3s—.1974
77
.
105% 109%
--
105 v4
102
104%
:> 105%
108
Pennsylvania Power &.Light Co.—
1st mtge 3s_:
S.X
..1975
'
•
*106%
101%
>
19
Pennsylvania Co*-
103
62%
66
375
V '
104%
""y'XjSl'X-:
J-J
1950
3VaS conv inc, debs.;
;
v;-v'. -
107
3-D
cons
J-D
J-D
Pennsylvania-Central Airlines—
96 7: .101%
■»106% 112%
A-O
( ANavgatuck RR 1st gold 4s...—1954
Newark Consoi Gas
i
2
108 Va 108 7/a
J-D
Paterson ft Passaic G ft E cons 5s_1919
79% 91%
105% 107/
13
■v-V 4
-
.
'tfiii
167
87%
•'
1979
__._1977
Pennsylvania Glass Sand 3%s
73%
103
ref mtge 3s ser N
i
V..
18
91%
I.'" V*";' ^VV-' V-
>
168% 109
108 Va
]
88 f
104%
ref M 3s series M__.
1st &
"109-
100%
;
M-N
r-a
.
76
102 Va 102 7/a
108
J-D
J-D
Paducah. ft 111 1st s f gold 4%s
Panhandle East P L 3s B__
1
I
68^
;»1971
1974
1st &
i
112:
J-D
._1970
ref M 3s series L
&
72%
224
J-D
Nash Chatt ft St L 4s series A—.1978
National Steel 1st mtge 3s
1965
12
.
*101% 103%
>72%: 100%
228
V V'- -'
'V/.'^
106% ;
'81%
*108% 109 Va
M-S
1955
82 '
/vv->
M-N
2000
M-N
0:101% 103%
2
101%
-
J-D
1960
Morris
J-D
M-N
3
101% 101%
105% 106
x
J-D'
;;1966
1959
Morrell (John) & Co 3s debs..—.1958
1955
gold 6s*.iw.1846
Gtd 4s series E trust ctfs
106
Constr M 4Vi« series B
54
'
Electric Co—»
Pacific Tel & Tel 2%s. debs......1985
1'
.
72%-100%
33 ^
ft
?
100 V 100%
102% 102%
..1968
Mutual Fuel Gas 1st gtd 5s—.—1947
30%
20%
>48
•
105%
/
100
Mountain States T ft T 3 Vis
110
100% 101
101% 101%
102%
A-O
.49%
106%
gtd 3 Vis
A—1960
-
100%
100%
F-A
v
ser
J-J
14%
J-J
M-N
:
104%
106
;T03% 106 Va
99
101%
•:>> 99% 101V4
J-Jc
73
M-S
1991
Monongahela Ry 3 Vis series B....1966
Montreal Tramways 5s ext.l.—.1951
106%
85
;'/.i -V-i
"108 % 108 %
J-D.vV
72%
Moh'k ft Malone 1st gtd gold 4s
91
>
'
>>24% >27' " :>
■F-A'X/
301
97%
■/>•.
x
110%
93% 110%
1037/a
>
102
r
'103%
102% 103
268
V
97%
95%
,
103
904
97%
43%.
97%
F-A
I——^1981
Constr M 5s series A
1
-
59
MS
AConv
93%
27
229
" .wV
89%
109
87
49
%
*106% 107%
.
T946
1st ft ref M 3s series K___.
,
485
..1975
Essex 1st
Pacific: Gas
'
•
* 108
71
/
*102% 104
J-J V/:/
M-S
gold. 5s—.1946
cons
1st ft ref mtge 3%s series 1
1st ft ref mtge 3s series J
.65%v,-92.%:-:f:
69%, 94
|
x
243
104% 109%
108%
^2
132
105% IO6V2
A-O
gold 4s—..1946
con
Pacific Coast Co 1st
.
i
:
79% 101,
-
V'250
98%v V95%
.....1968
4s.
A 1st ft ref 5S series P—....
Alst ft ref 5s series
ft
i
77% 100%
152
101,
100
96% V 93 ' /96%:
;
108
105%
89%
72%
241
A-
95
94%. 106
65
'81
81.
270,
.
99% 100%-
100 V4
108 %
M-S
Electric 2%s____1975
Oregon-Washington RR 3s
1st
Prior lien 5s series A
115
105%
75V
Missouri-Kansas-Texas RR—
4u-year 4s series B
120Va
106%
107% 11*1%
•
102% 102'/»
78 Vi
80
102%
;
F-A '
1975.
Guaranteed stpd cons 5s
i.
i
J-J
Gas &
Ore Short Line. 1st
105%, 107%
•
2%s——
Oregon RR & Nav
I
102
1P2
96%
93%
•
v'i; 1st\mtge.
TVMinn St Paul ft Sault Ste Marie—
A 1st mge 4%s inc ser A——.1971
84%
107% 108%
■
128
108%
(Ogdehsburg ft. Lake Champlain Ry—
99'/«, 103
MV*
■
Michigan Central—
>v; Jack
89
J
A-O
Vf: Alst guaranteed 4s__^_
____1948
Ohio Edison 1st mtge 3s___^J
_^.1974
I
103 V: 105%
102% 106%
'102%
tSAMet West. Side El
/•>
85%
>106% 107 %
J-J
1st mtg6 3Vi8_^_——1960
124
'•v,
101%
8OV4: 9X'
'
A-O
Metropolitan Edison 1st mtge 2%s«1974
Metrop Wat Sew & Drain 5Vis
1950
108
138 Va
5
M-S
—1974
i--—1975
mtge 23/4s_____V
•
75
136%
60
•
,
82
;
106%
47
133%
136
82%
65%
J0n
89 Va
88 y4
Q-A
J-J
128
.
77 ;>
J-D
Q-F
States Power Co—
103
:
>/.;■ 13
v_:
115Va 116
J-J/
.4—-1975
High
89%
6
■
121% 123 >
122%
Q-J
Jan 2047
u.2047
Year 1045
Low
,
..
*128%
Q-J -
Range for
Sold
No.
136 %
*137%
M-S
A———2047
1st mtge 2%s
1st
136
M-S
Ref ft lmpt 5s series C__—1—2047Vc/'Ref ft impt 5s series D-*—-..-2047
;
(Wise)
Maine Central RR 4Vis ser A-.~wl960*
1st mtge &* boll 4s sef B,".1954
a-o
1997
Bonds
:
High
lOOVa 101 Va
> 59%
63
A-O s
Northern Paclfic'Ry prior lien 4s_.J997
8
;.
111%
Va
101
'
.
111 V
"101
106%
Friday's
Bid & Asked
J-J V
,
North Central gen ft ref 5s.——
1974
Gen ft ref 4%s aeries .A*._.u*a._1974
1
120'
>104% ,105%:';
0107% 107%®
/■'A-O/
F-A
1980
St Louis Div 2d gold 3s
Atl Knox ft Cine Div 4s
V13 >
;r
F-A
MS ,
series F_—2003
107
or
Saie Price
Low
132%
109 %
'Last
•
reriod
118% 121
.
Interest
High
93%
127
107
M-S
series.,A.--1969
Paducah & Mem Div 4s__,
*
87
132%
V
New York Stock Exehaafl
Range for
.
'/i 118 Vi 118 Vi
>*U8» -//l
118 Vi
"
1st
High
88 /■:
M-S
Louisville Gas & Eiec 3Vis
Louisville ft Nashville RR.—
1st
*
r;A'':
0M-N,:
1963•
1st
■
Bonds
'
.—1949
48
stamped—_-1949
Lqrillard (P) Co deb 5s—
1951
38
>>
88
;
'•&
a-o,;
.0. />
BONDS
104%
106%
102% 103%
YORK BOND RECORD
NEW
RANGE
: bonds
8took Exchange'
New Ywrk
•!
'<•
* %
41 If
A
Interest
,r
q i»
Period
Sale Price
.
'»•%'
f
Last
AT /'
h}
•' '
■
vj
v;V.
;
2d
,
gold
6s
& P
L Rockv Mt
Bt
ACertificates
.
M 4%s
A Cons
:
66%
68%
67%■
XX■■■■
.
81
J-J
"
69%
48%
of deposit—*
series A—
—1978
deposit etpd—
AH3
73
49%
47%
51
.
36%
ACertificates of
A 2d
bond ctfs
inc
4s
IA 1st term & unifying 5s
AGen & ref gold 5s series
J-J
■'
J-J
1952
X
A
F-A
-F-A
L gtd 4%s-—1941
8t Paul Union Depot 3%s B——-1971 ^
Scioto V & N E 1st gtd 4s
1989
ISeaooard Air Line Ry—
S A-Is gold stamped
195b
// .-.j A Certificate of deposit
——
of
100%
1st
x
62
•
-
130%
133
VL-S
M -S
•■;/■<"
99% 100
83%
20
49
'
104% 107%.
103
I
101%
103%
t
66
-
105%
*129
—
,
;
130
109%'
109'A
107%
*.*■
111
21
101%
103 Va
■
105%
1st
&
102 V8 103
224
85
104% 106
235
84
of
42
■•//9>
136% 136%
,Vx
104% 106
8
RR
—
116V8
63%
*
y •
vj53
';
66
•
2
;
5
ref M 3%s
&
107%
In the
■
109%
i05%
103%
107% 107 %
105%
Curb
150
1985
107%
-
99% 104%,
102% 104
3%s—1974
furnish
we
Last ;
'
Exchange
v
Sale Price
,
1946).
11,
in the year's range,
AND
Wire
Acme
A
F
D
Aero
;
00
warrants
|
^
..0
II——I
Supply Mfg class A
Class
.10
;
Air
;
—1
Share*
>
Convertible
klreon
6%
%
...
nreferred
..10
: .50ti
preferred
-10
Electric
$6
preferred
Alles
& Fisher
-.50
Allied
Int'l
Allied
ProauctH
Altorfer
Investing
Bros
•- "
a>3
27
10%
Sep
3,400
3,800
19% Jan :
3% Aug
9% Jan ;
■X
15
1,800
11
:
15%
5%
5%
;5%;
6%
32
21%
I,800
118%;;
"J
107% 108%
~
14%
46%
:
Nov
Dec
39% Dec
'
Jan
,v
.
'18% Dec
23%
Dec
9% Dec
x
'4% fr
100
Goods
Industries
Aluminium
6%
•
preferred
Aluminum
Ltd
Mfg
•
American
;
Book
Central
Amerfcen
American
Cities
Convertible
Class
class
—1
&
footnotes
v
4%
••American
■•American
American
Dec
American
37
,
,29
217.
110%
107% 109
39
104 %
108%
in
108 % 111
157
108%
108%'
109
70
106% 110%
106%
106% 108
117
107%
107% 108
54
108
105
105% 108%
;
103 V*
XX
;
92% 115
101%
*102% 103
'
77%
|
94
-
i
•
91%
91% X 92%
111
88-
87%
88%
85
106% 106%
10
104%
105% 105%
3
103%
105%
115
76%
117%
79%
92%
74
89% r
109% 110% 4;
*109%
Off
•117%
J-J
173
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86%
88
-
-x
•
•
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49%
20
*38
.
42%
i
.
■
i
„
105%
108%
x;
108%
107
107
*108%
J-J
95
19
103
39%
37%
39 %
/
99
107
110%
Xx
II,800
xy;;,. 400.
48
36%
Jan
v
American
Feb
60%
,
Jan
112%
19%
Jan
22
600
15%
3,150
50
86%
Jan
107%
Oct
,•
,
5%
63 %
21%
21
22J4
■;
.
1,500
%
*
<■
120
3.400
47%
8
'
51
-selling'outside the regular weekly range Bid ahown;
beginning on Saturday .
is intended to include
•1% Mar
v/, 25
vi
®
-yi
.:;X;46;xvMar t
11%
Jan
100
44
42% July
%
47%
150
7%
8 Va
'•5,300
4
Nov
GaB
Jan
Shares
x>; X
St
—100
—
common
*
'M% '•■'•2%'
j; ;• 23%
111%.
—20
25
—25
25
-1
*
*
Meter Co
Potash
&
Chemical—
Amer
/14%
53
,.
/
.24%
44%
24 5/8
:44%/|
25% \-
29%/
x;
5%
''t
54
1st
$6
preferred
Thread 5%
Nov
American
Writing
55
200-
""3,200
18,800v
■-"T 100 X
v,:-
350 J
:
•/lSxx: 17.
6,800'
V
Nov,
Dec
Jun
Post
Fence....
/Anglo-Iranian Oil Co Ltd—
/■ ; Am dep rets ord reg
'
54
Nov
48% Dec
8%
Dec
...
26%
Oct
32%
Dec
Nov
24%
Nov
5
1 %
Jan
6%
Dec
'*
31,:' Jan
41% Jan
11%
Jan
Jan
400
4%
81,500
!r?%
Dec
59
Dec
9%
Oct
•
7%
-
10%
9%
—£1
:
5%
■
:
41%'
x
,
Nov
;
Aug
t
49 5
a
Nov
6,000;.
1,800 >
■
.
4%
Jan
8J/a
Dec
5%
Jan
11%
Dec
Jan
12V4
Dec
14
114%
115%
13 %
14%
6%
Nov
3 :
Jan
20'A
Jan
-41
60
,111 Va
Jan
116
Dec
'
2,900
7%
Jan
;
»-
j
Dec
900
$?.
42
-
114 V/
20% May
1,400
5%
5%
40%
;
3l/a
135 X-'
Jan
5,600?
47%'
6%
•
„;19% Dec
Jan
.17% Aug
1
44
Dec
*' * /
*
Appalachian Elec Pwr 4%% pfd—1O0
•Argus Inc
,___
-—1
Apex-Elec Mig Co common
Jan
Apr
;
8%'
-S
—
X
17%
;2%:
110% July
Anchor
;
Dec
45 Va
/ 3%
*
^.5
common—.-*
1
29% Dec
20
2%
44
Jan;
;
f
July !
257/B
'8%
:
preferred.;
Paper
32%
15,500 '
-
X
18
4
41
Mar
650"
•♦
5%'
''41
•
Dec
Dec
54
>
22".:;:
-5%
:
Nov. f
14V4
Jan
400
29%
'20%
21%'
5
115
AUg
8%
.
*100,. / 47% May
,
25%
29%
f
24% Dec
' 46Va Dec t
50
-
45
Xlll
X
r
Jan
•
I
2% Nov
Jan
41%- Jan
26%'
^
r.c-31
375.V
300;
*
com———10c
*
$6 series preferred
-
-
---125-
53%
•
v.
-
-
14%'
=
xx48%> 49%"
common—i——.-9
Corp
8,800
in% 112%-
■
Republics..—.—w————16
Superpower
;
)
50'
36% July
aa
x-
194S
High
,
2,7504 .17% Jan
44%
:
-—10c
Mfg Co common....Maracaibo Co.
American
6%
Low
Nov
for Year
Range
•
■;/:XX >'-:
16,100
•
25%
25
preferred...—.—1
Rubber Co..——.•—29
Jan
62
<
r
9,300
51 Yi*
49
51%
4414 • ; ">43%
common
General Corp
Nov
122
r
Range, for Week
Of Friees
Sale Priee
*
Electric.————10
Fork St Hoe
'
S V-; 25%
Aug/;
r
Last
Co common.—..16
& Foreign Power warrapta—•
26%
,
Sales,
Week's
•
Friday
'■*
\
Excbang*
Angostu ra-Wupperman
50%
47
York Curb
;American 'Seal-Kap
Dec
119%
Jan
4%
of the week, and when
Nov
11% Oct
63
Jan V
100
26
llOVa 110%
,/
'
Aug x
Jan
24
62
51
1
page
106%
RECORD
American Hard,
Nov
24
63% V
25
...
see
:•/'
110%
2fl
A
A
24
n
y.«J
American Laundry Mach—
'.Americrn Light & Trac common
;
6% preferred—
14%
jjight—
Class B
For
1
Mfg
Power
107%
107% i07%
108%
convertible
1$2.80
110%
117% ■135
131
100
75%
115% 116%
116%
X-AsiXXX ?:>•
26
...100
Co
67
,75%
•
common
Beverage common.....
American
117%
107%
>':* $2 convertible preferred—
Jan
106
8V4
•
common
preferred
115%
102 %
i05*f
A-O
J-J
flat.
^preferred
American
,134% Nov
99% Jan
115% May
400
k
0 6% Apr
75
50 Xc i 53%
53%
•American
Nov
r
100
Dec
122%
640
240
v
<14%
Dec
6%
6%
Dec
3%
American
18
Jun
-
380
-
116% 118%
5%
American
19% Sep
Aug
22%
2,900
9%
128% .131
,«*
21,100
22
8%
>
-
Apr
x25%
x
;
36% May
^2.
:l6y4.15.:
'
•
common..
Aluminum
73%
105%
15
A-0
American -Cyanamld
*
~
Aluminum Co
103 W
103%
101%
■
14%- Nov
.'
2% MarX x
1,300
•
16%
21%
130
"
"
<•46%
10
(Michi...
20
1,100
19
17
15%
pia_.
conv
64
103%
106% 106%
ft; ■ LowHish
11% Vet
x6
-
.
;v
II
...
Co common-.—
2%
Jan
Nov
108
...
common
109
102
ieo
*115% 118
—
High
30
5%
x,9%r
Appliance..
Alabama- Great Southern—
Alabama Power Co $7 preferred
~
100
*101% 102%
—•'
Range for Year 19
x
a,
3,500
.5y»;,' W5%iiy.6%:
—1
Mfg Corp
Air-Way
102%
|06%
M-N
'STOCKS—
Low
10%
29
5% |
18
(N J)
common
*63%
M-8
1971
100
—
•„
J-J
J-J
M-S
M-S
1
.
,108% 110
•103
105%
98%
WEEK ENDING JANUARY 11
New
'
—1
B—
Investors
x
95
84%
94%
102% 102%
102%
100
90
98%
'
94
York Curb Exchange for the week
the Curb Exchange itself, and
dealings have occurred during the current year#
Hiafi
9%
30
,.
Alnsworth Mfg common—..,
Air Associates Inc
106%
EXCHANGE
YEARLY
for Week
X oi Fnoes
105.8
comxuuu..—
Co
97
'
94
It is compiled from the daily reports of
'
Motors
111
103%
67
the year's range,
ABonds selling
Sales
'r.
Range
Low
ACF-BrlU
98%
complete record of the trans actions on the New
a
(Jan.
.Week's
x.
Friday
r
-
123
101%
Deferred delivery sale not
not included in
108%
142% 144
104
104%
130
104%
1965
following extensive list
.STOCKS
York
104%
118
included In the year's range. ^ d Ex-Interest,
e Odd-lot sale not
Under-the-rule sale not included in the year's range, r Cash Bale
y Ex-coupon.
iNegotiability impaired by maturity^
tThe price represented is the dollar^ quotation per 200pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
fCompanies reported as being in bankruptcy receivership, or reorganized under Section 77 of
the Bankruptcy Act, or securities assumed by such companies.
•Friday's bM and asked pricesi no sales being transacted during current week.
a
131%
105
1950
security, whether stock or bond, in which any
'
103%
ix
107% 108%
i
J-D
Jlf^S
M-N
v
1968
Wisconsin Elec Power 3%s
Wisconsin Public Service 3%s
103%
:
125
129% 129%
RANGE FOR
New
100% l09'/s
28
—
*110% 112
•
deposit——
of
ACertificates
§
101
17
104% 104%
104%
5, and ending the present Friday
every
109%
112% U5%
*119% X—
May
|ASu & Du div St term 1st 4s—.1935
ACertificates of deposit———.
106
>UA"i
WEEKLY
Jan.
•103%
F-A^
Q-Jf
F-A
J-D
J-D
;
———
NOTICE—Cash and- deferred delivery sales are disregarded in-the week's range unless they a^e the only:transactions
in a footnote in the week in which they occur.
No account is taken of such, sales in computing the range for the year.
>
!
109%
—.
103%'104%
104%
M-S
gold 5s—..•.1951
NEW YORK CURB
a.:
98% 104
—
.
•115%
A-0
—2361
Wheeling & Lake Erie RR 4s
1949
Gen & ref M 2%s series A^—:—.1992
Wheeling Steer3Vi series C——1970 '
Wilson «to Co 1st mortgage 3s
1958
Winston-Salem S B 1st 4s
1960 ,
i A Wisconsin Central 1st 4s.—194{
106%
104%
v 104
■■
Tenn RR of New Orl
Pac
•114%
J-J
A-0
30-year 5s.—^.1960
Westinghouse El k Mfg 2Vas——1951
West Shove 1st 4s guaranteed
2361
included
E——
ser
:M
:: V
1965
Pacific-Missouri—'
Texas
106%
105%
6
104% 105
Pacific )"t gold 5*——2000
k
Gen
>1
105%
%'
*104% 104%
JrJ
105
103%
,
■4.
,
•
107% 107%
107%
x>
103
;
§
66%
57
52
105
104
•
109 %
103
19-
105% 105 Va
•'/
105
2019
3a. debentures——.
Tevax
104% 107%
103% 104 >-
105% 108
Union Telegraph Co~^
Fundicg & real estate 4%s—...1950
Registered
126
106
102
lx
104%
104
114% 123%
/
.
108% 108%
deb—.——1959
Company 3s
Texas
106%
St Louis—X
ol
Assu
&
i
>
107% 109%
105% 105%
Western
25-year
111 ,118%
■
9
124%
*132
V
1C8 »/b
104%
1961
imp M 4s ser C
Tcxarkana & Ft Smith 5%s A
Ref
,
,1
10.4
F-A
A-O
Power 3%s series I—-.1966
Maryland 1st 4s.—^..—.1952
Pacific 4%s. inc ser A__..2014
Western
-
124
124%
1965
pipe line 3s__
1st mtge
Terminal
'
Western
Transmission—
&
107
'•<
109%
Apr
West Penn
:|
101%
95%
85
119% 120
106
'
Gas
107
104% 106'/a. /
103% 106 V4
:k
123
136%
/is
■
105% 106%
2013
Calif 2%s debs
N J deb 3s
;;.f
•
Suhray Oil Corp 3% debs——T-1959
Superior Oil 3 % s aebs———1956
Swift & Co 2%s debs1961
Tennessee
104
-
103% 107
.105% -107%
106% 106%
Apr :
3%s—...<—........1967
Gen mtge
■
-1994
1st gold 4yas
Internat
Oil
8t.andard Oil
>i:
106%
99%
35
105% 106
gen
^Spokane
.103%
,
105
__
101% 102%
106
•7
Stand
*106%
-X/
4s series A—-.-1958
Devel & gen 6r._——i»—
195"
Devel & gen 6%s—
———1956
Mem Div 1st gold 5s——*996
8t Louis.Div 1st gold 4s
—1951
Southwestern Bell Tel 2%s debs_—1985
Devel
■;
104%
1950
Ry 1st cons gold 5s
Southern
105%
85%
Co—
C——--1996
series
92%
96
106
mtge 2%s ser A——;——i-1961
series B———
---1986
3%s
112
102?8 103%
103
3%s
.
104%)05%
103
A———1977
1st 4s
RR
106%
v
Inc 4Vis series B——1991
lst mtge 3V«s ser B—1971-. '
Waiwortn Co 1st mtge, 4S—^^^..1955
Ward Baking Co 5%S debs
, x
•
(subordinated)
1970
Warren Petroleum 3%s
___1955
Warren RR 1st ref gtd gold 3%S—2000*
Washington Central Ry 1st 4s
1948 y
Washington Terminal 2%a ser A—1970 '
Westcnester Ltg 58 stpd gtO——..1950
S;
2
104% 106
106
Pacific Co— "
Term
103%
104
.
if*8
Gen mtge
.
%S——w—1968
Gold4%s———————1969
Gold 4%s
——1981
Pacific
101%
1041/4
106% 106 %
104
A-O
;
•
Ai.—i.w*1981
inc series
mtge 4S
Gen
107%
126
:
Wabash.RR CO—
I-
■%
80
101% 102%
Gold 4
Fran
103% 104%
.
,
105
103
i?
101%
—————1979
debentures
—1985
San
1955
J-J
;
XI
103% 104%
104%
a-0
M-N
A-0
',
(•
35
.
.
''
•
113%
103
20%
v,
.
v
76
3s debentures
Southern
110
,103
:
-35 X.
A—1955 ; v F-A
1957''''
l/L-N
Virginia Electric & Power Co— •
1st & ref jntge 2%s ser E——1975
Jff-B
Va Iron Coal & Coke lot gold 5s—1949
'
JUS
Va & Southwest 1st gtd 5s....
,—2003
J-J
lst cons 53-^———.1958
A-O
Vh^inian Ry 3s ser B^^.iiiwi.1995
Jff-N
•
Oil 3s debs———1964
gtd 5s
1963
Southern Bell Tel & Tel Co—
lst.4%8 (Oregon Lines)
„
V
8outh & Nor Ala RR
7
3s
mtge
60%
"
104
104
Vandalla RR cone g 4a aeries
Cons »; f 43 series
So cony-Vacuum
Gouctierct
>
•
1970
.——......1971
series B__
1990
3%s deb
A-0
deposit.^———
Seaboard Air Line RR Co—
1st mtge 4s ser A wi
.
—
Geii mtge 4%s'ser A wi-—-U-—-4—
JASeanoarci All Fla 6s A ctfs... .1935
Seagram (Joseph E) & Sons 3%s_1965
Shell Union Oil 2%s debs
1954
2%s sinking fund debentures
1961
15 ASilesian-A"! Corp coll tr 7s——1941
Skelly Oil 2%s debs-——-—1965
2%s
1947
grant 4s.
& land
Universal Pictures 3%s debs—1959
'
103
110% 111%
A-O,
.1967 /•,*: J-J .
1970 •
J-D "
Elev Ry (Chic) 5s
34-year
Ref
—
105
101.
106% 106%
Jf-N
A-O\
_1971
—1975' '
1945
35-year 3%s deb
//x ACertificates? of
,
-
106%
45%
102%
Pacific RR—
Union
114%
40%
of Mo 3%s
2%s—1—
/ Union Oil of Calif 3s debs
'?■
2%s de''.$^tUTes —i—
0 95%
104%
—
—
-
•
tr
: 84%
—
series A
6s
cons
.
72
72
coll
&
M
4. tSAUnlon
87%.>97%
114%
1st
v
106%
y High!,
94%
65
520
t'
.
100% 100%
F-A
Low
•
105%'
*103
X.'
90
57%V.
52%
.
J-D
M-8
debs—1960
'
89
:
Range for
-Year 1945
Sold
No.
7--.;.;/v..7.7 ,77
X.': : 7, 'X 1 V;''X..XX'.
.
7
Electric Co
Union
116%
X' 7.
X.s ;X;7"7/,VV -.7'
:7'
1
7'X'x';
x
?f '■■■.(,
United Biscuit 3%s debs
1945
.ACtfs of dep (Guaranty Trust)—
ACtfs of dep (Chemical Bank)—
iSAAtl & Birm 1st gtd 4s
1933
A 1st
v7
A-0
1959
Trust)
<
U-N
VL-N
(Chemical Bank)—
tlep
•
A-0
A-0
.
.ACtfs
t
•„
J-J
J-/
J-D ■.
UASt P & K C Sh
lARelunding 4s
ACtfs of dep (N Y
—
•■.
.
50%
108 X
*116
__
93 xx
93
93%9:
90
86
90
64
100%
•
99% 100%/
- 49
: ■ V- ' ■ *112 ■ , —
.
59%
.55%, 59%
230
■
*105%
.1"-.'
'
*132
m
M-N
H'lf
1990
gold 48-1968
Paul & Duluth 1st cons
8t
Trl-Continental Corp 3%
xSCiJfivj-i
■;/;:
.
.9
-1988
Nov 1989
JSt Louis-Southwestern Ry—
1st 4s bond certificates
X
51%
.
36%
• 1
..
.
1st gold 4s—1946
Trenton Gas & Elec 1st gold 5s—1949
Toronto Ham St Buff
71%
70
10
1,442
•
90
52%
,
66%
51
299
70%
47%
,73
49%
v
_
66
48
<5"
- ,V
.
.
73%
70%
.
'
•
Bonds
High
'*
,
Vis'-^r'?•'
Rang©
Bid & Axked
Low
-
99%
92%
867
66%. 67%
73%
y
.
,;Xf 97
?/V
:;vir-;V;v
;j
Sale Price
Period
$0 0-'1
/r'v-'!Xv
7
Third Ave Ry 1st ref- 4s—U——i960 v' '■ J-J. AAdj income -5s————'—.Jan I960
■ A-O
K: Tol & Ohio Cent ref & impt 3%s„1960 ; > J-D f
'0
High
Week's
"x'vtast-x-'r or Friday's, -i
^Interest
•
79%/ 96 f:
*3'.
5
,
47%
—1950
lien 5s series B
Low
1
95
97% 97'/a
100
100
v-.
xx; 100
J-/
1950
deposit-.————
of
ACertificates
No.
Friday
'
Year 1945
95
..
jr-jr
Ry /:-:v;
*8t Louis San Francisco
A Prior lien 4s ser A—
A Prior
J-J
A-0
1996
-—————1996
5s stpd
1955
1st gold 5s
Sold
High,
Low
.
'
BONDS
Hew York Stock Exchange
Range for
Bonds
'
Bid & Asked
,
Bt Lawr & Adir
Friday's
or
11
WEEK ENDING JANUARY
FOR
Friday Week's Range
.
'•
•
Monday/, January 14,1946
CHRONICLE
THE COMMERCIAL & FINANCIAL
15 Va
Dec
<
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, January 14, 1946
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING JANUARY. 11
'
.*/IS O N D 8
,
tym
New^Twk Btoek Exchange' ■>.
2d
gold 6s
& P 5s stpd
tSt Louis San Francisco Ry
lien
A Prior
v:
4s
of
A-0
3-J
V
1st
A 2d
:•:
bond
4s
70%
49%
47%
47%
-
^
;;:;7;93;7''
3-J
7100%
1st
Line
Air
deposit
F-A
4s
RR
M-N
125%
M-S
F-A
3-J
103%
Fran Term
142
76
55
20
8
101%
103%
93
66
1st. 4s_
RR Co—
Pacific
Southern
M-S
102%
105%
107%
126
130
i v•
2
107%
111
21
104% J05%
102% 103%'
103
Af-N
103
Af-N
i
106
ioi y8
103%
3%s
C—.—.———1996
J-3
3-J
Mem
Div
102%
gold 5s
1st gold 4 Vis
Internat
101%
18
104%
106%
42
103%
i06y4
9
123
136%
104% 106
85
8
124-
124 Vi
124%
9
*132
106
102
105
104
J-D
107%
105%
106%
Winston-Salem S B
107%
*104% 104%
104% 105 7
106%
106
>
>
mtge pipe line 3s
RR Assu of St Louis—
imp M 4s ser C—
17
101
103%
129% 129%
1
125
131%
105
109%
105%
104% 105%
38
107%
107% 107%
8
M-N
.1965
104% 104%
104%
7 '
1st 4s
3s
Company
Pacific
&
M
ref
1950
F-A
A-O
gold Si
3%s
UTi
..1959
deb
lot
'
3-J
debentures1968
-
18
•
■''7.7-?—«
M-N
7
7
2000
J-D
144
1985
3-J
104 »/8
1974
J-D
E
ser
.>7
;
;■
•
100
97
98 y8
29
90
94
94
94%
45
84%
105% 106
47
98%
102 Vi 102'%
10
F-A
A-0
102 %
95
105%
;:
100
102%
7
100
109
'"•i-7/7,;?
'
A-0
108% 110
110
M-S
19
1
*63%
*„
F-A
103%
102%
•,
115%
105%
117%
107%
7
106%
110%
*115% 118
15
3-D
106%
106% 106%
J-3
107%
107% 107 "A
A-O
108 Vi
107% 109
May
111
108% HI *
Af-N
108 %
108%109'
J-D
106%
M-S
107%
106% 108'
107% 108
92%
J-J
87%
88-
110%
108
105%
108%
101%
103%
77
77
Af-S
106% 106%
1958
—1960
A-O
105% 105%
•117%
105%
117%
—
173
88'/a
86%
88
107
103%
3
3-J
99
99
104%
115
4
3-J
110%
__
M-S
194J
89%
74
85
95
76%
;
92%
;79%
37%
39 y«
Af-N
*108'/a
J-3
.1971
105%
—
108%
108%
i|7: l7V
I
42%
if
20
__
107
107
49%
19
103
39%
*38
A-0
—.1968
,
94
777%
111
7
'
106%
54:;;7-
109%
,*109 Va
,
115
105
70
117
92%
88%
,91%
"
M-S.
104%
-
5;
108%
39
157
;
.
*102% 103
91%
J-3
;
105%
101%
1; —';
*101 Vi 102 V3
;
73 %
60
64 ■■■-;
103 r/a
■
3-D
103%
102
*103
F-A
Q-Af
llOVa
104%
104
103%
>
65
142% 144
:
,
•
108%
130
the
99% 104%
90
Tenn RR
of
*104%
104
102'/«
—
A Bonds
|%
week.
sales being transacted during current
•Friday's bid and asked prices; no
Orl 3%s
New
not
sale
dollar quotation per 200$4.8484, • ...
•,
or-reorganized under Section 77 of
reported as being in bankruptcy^ receivership,
Bankruptcy Act,'or securities assumed by such companies.
f Companies
150
«
n
SNegotlabllity impaired by maturity.
tThe price represented Is the
pound unit of bonds. Accrued interest payable at the exchange rate of
107%
105%
In the year's range
d Ex-interest,
e Odd-lot sale
Under-the-rule sale not Included in the year's range,
r Cash
y Ex-coupon.
sale not included
the year's range,
in
not included in the year's range,
Texas Pacific-Missouri—
Pac
»
: vioi% in
103% 106%
67
1970
Public Service 3 Vis
Deferred delivery
a
Included
—2019
Tcxurkana As Ft Smith 5 Vis A
Gen
*uoy8 ii2
,
~
Gas & Transmission—
Tennessee
»
;
.
102%
103% 1041/.
118
123
98%
Apr
|ASu & Du div ft term 1st 4s__.1936
v .A certificates' of
deposit——.—
Wisconsin
Terminal
38
115%
100 V a
28
10
JAWisconsin Central 1st 4s
ACertificates of deposit
104
5
1
109% 109%
107% 108%
•Apr
1992
103
66%
103%
52
105
T."
M-N;
Ac ref M 2%s series A
Gen
*
Texas
107%
7
98% 104
—
*119%
Af-N
Wheeling ft Lake Erie RR 4s
Wisconsin Elec Power 3%s
Ref &
104%
.
112%
—
A-0
2361
2361
1949
;
1st
107%
—
*103%
—
"'"3—J :y:'
-.1960
1951
30-year 5s..—.
—
Westinghouse El ft Mfg 2y8s
West Shore 1st 4s guaranteed
104%
107% 107%
i:-
105%
.751
m. i6
103%'104%
104%
MS-
3%s—..196T:
mtge
105%
2
,105 % 105%
F-A
J-D
105
107 i>
*115%
—
M-S
B-——-—1995
Wheeling Steel 3y» series C——
Wilson Ac Co 1st mortgage 3s.
?■ 57 7
19
66
63%
Apr
*114%
M-N
series L.—.1966
Western Maryland 1st 4s
1952
Western- Pacific 4%s inc ser A—..2014
Western Union Telegraph Co—
FundiEg Ac real estate 4%a—1950
25-year gold 5s—.—
—1951
103
M-N
.
103% 104
F-A
A—-1953f
mtge
Gen
109%
53
M -N
107
703%
61
-
105% 105%
104
106%
104
22
106%; 7
W
Gen
126
"l
104%
series
B—j. —...—1957
Registered
116%
108% 108%
1961
debs
77777
'
104
28
107% 109 V8 7
109%
MS
4s inc series A
1981
Gen mtge inc 4Vis series B——1991
1st mtge 3%s ser B————1971'
.Walwgrtu Co .1st mtge 48.—.4950
Ward Baking Co 5%s debs
' :
(subordinated)
—
—1970.
Warren
Petroleum 3y»s
—1955
Warren RR 1st ref gtd gold 3%s—2000
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A—1970
Westcnesier Ltg 5s stpd gto——..1950'
123%
104
1965
2%s
Cahf
of
114%
104%
debs.....
1959
Superior Oil 3Vis aebs
£
1956
SwiR ft Co 2%s debs.. ;.,,
,,—1961
Oil
101% 103%
39
,,
Wabash RR Co^-
118%
108%
Sunray Oil Corp 3%
•
106% 106%
A-O
'
"
104%
106 %
A-0
5s——.—>—.1958
Virginian Ry 3s ser
106 %
J-J
3-J
2013
Standard Oil N J deb 3s. 1
95%
111
A-0
1951
Southwestern Bell Tel 2%s debs—. 1985
^Spokane
99%
119% 120
106
A-O
,.i996
Louis.Div 1st gold 4s
35
136% 136%
A-O
;
103% 104%
•104
,
35
105
103
103% 104%
A-0
West Penn Power 3%s
107
105% 106%
A-O
•'6»—. 195";
6Vis.——1959
1st
106 Vi
105% 106
106
113%
103
20%
M-N
Virginia Electric & Power Co— c '
1st Ac ref mtge 2%s ser E—1975
Va Iron Coat ft Coke lot gold 58—1949
Va ft Southwest 1st gtd 5s
2003
103%
,
84
105
v.7.v.tf'
Southern Ry 1st cons gold 5s——.1994
Devel ft gen 4s series A—..;
il958
gen
104%
85
235
J-3
ft
105%
85%
224
101%
Devel
96
104% 106
J-3
gen
92%
*106% —
2Y#s se^ A———.—^.1961
3%s series B——7,7,1986:
Devel ft
172
.102% 103
A-O
—1950
1st mtge
series
Cons S f 40 series
V
80
101%
45
104% 106
105%
104%
103
101%
6
109 Vi 109%
M-S
104%
J-3
107%
V
—
106% 107%
106
y
10
49
104%
*129
F-A
...—1985
J-D
.
mtge 3s
1st, cons
83%
48
102% 104%
107%
104%
1971
....
Vandalla RR conft g 4a
99% 100
780
75%
■:
'
Stand
•
105
'
1968
Gold 4 Vi s
....—1969
Gold 4Vis————
—.^.1981
8t
101
78%
.
21%'
'
75
A-0
.Gold 4 Vis—...—
■
■76%
102% 103
3-J
(Oregon Lines) A—.1977
1st 4 Vis
V:
53%
Paciiic Co—
Bouttieru
-
74%.
35
244
.
80
*103%'
3-J
debentures
San
52%
81
20%
75%
F-A
deb
3%s
57%
53%
31
107% 108
J-3
'
1990
series B—
United Biscuit 3%s debs—77 ,*..1955
Universal Pictures 3%s debs. —...1959
Ref
20
,
99% 100%
107%
..1979
'
80
7 81%
20%
M-N
1965
....
...
'
78
80
*105
85%
110
103
;7l;:47f
,
.104
39%
.39%
*100% 105
100%
104
J-J
1967
,....1870 7
—
110% 111%
<
10
30
74%
79 Vi
103
105% ltd %
32
-*__35
A-O,
ft
35-vear
120
59
74%
*
101,
106% 106%
A-0
Pacific itR—
7
land grant 4s...—. ,._J947
34-year 3%8 deb............^.1970
'
86% 120%
39%
53%
'
80
•
133
86
—
73%
78
3-J
3s
62
de'-.e^ttrres
2%s
1st
106%
56%' 60
Bocony-Vacuum Oil 3s debs——.1964
South ft Nor Ala RR gtd 5a.,.——1963
Southern Bell Tel & Tel Co—
2%s debentures
40%
61
60%
105
Union
114%
.104 %
*56
MS
95%
100%
•
130%
126
59
1961
1941
IS ASiiesian-Am Corp coll tr 7s
debs
m
.3
,
72
114%
7
94%
; 45%
102%
100% 100%
M-N
.1975
1st M-Ac coll tr 2%s———
tSAUnlon Elev Ry (Chic) 5s.
Union Oil of Calif 3s debs...
V
97 y2
,
2%s sinking fund debentures
23/4S
230
.
84%
520
105%
U
116%
7 72
•
!'ifevVv.25*»v'..<s
118
A-0
Seagram (Joseph E) & Sons 3%s_1965
Shell Union Oil 2 Vis debs
1954
Oil
7*1
•
*103
106%
Electric Co of Mo 3%s1—1971
.Union
77 87%
'7 7-64'.
; >:7-
59%
debs——1960
Tri-Cohtlnental Corp 3 %
36%
100%y, 777497.
65
52% ' 57% :
-,
,
.
90
-
MS.
70
77:7,: ;1;>;
9
Low „High
89
—
J-D
*'
Year 1945
No.
High
71%
51
v':V
*117
A-O
Gen mtge
Skelly
51
7;
66%
52y8
J-D
Range for
Sold
Low
90
A-O
Third Ave Ry 1st ref 4s—.—.I9601
AAdJ income 5s
7
Jan 1960
Tol ft Ohio Cent ref ft impt 3% 8—1960
Toronto Ham ft Buff 1st gold 4s—1946
Trenton Gas ft Elec 1st gold 5s—1949
Bonds
Bid & Asked
v
J-3
36%
*132
—
-
Co—-
....
7
48
299
*105%
A
ser
7';:v 48%
1,442
7
55%
59%
7
1
A-0
wl
4Vis ser A wl—......
—
lASeanoard All Fla 6s A ctfs
™1935
mtge
>
/710'1
(7
90
99%
*112
77"v:
•
Seaboard
96~
99 Vi
108
86
J-D
-
of
79%
5
93%
93
90
.1952
1990
gold 4S.1968
18ASt P & K C Sh L gtd 4%s
1941
St Paul Union Depot 3 Vis B
..1971
Bcloto V ft N E 1st gtd 4s..
1989
ISeaooard Air Line Ry—,
8Ads gold stamped——1950:.
v., • A Certificate
of deposit....*...-— '
IARelunding 4s
1959
ACtfs of dep (NY Trust)
—-i:
ACtfs of dep (Chemical Bank)—
7 A 1st cons 6s series A
—1945
ACtfs of dep (Guaranty Trust)—
ACtfs of;dep (Chemical Bank)..*,
ISAAtl ft Birra 1st gtd 4s
.1933
ACertificates
97
92%
*116
M-N
3-3
8t Paul & Duluth 1st cons
7i7;
73
47%
V
—i$ 7."
gold 5s series A
ret
ft
,
Range
Friday's
or
High
81
867
-
73%
70%
73%
-
IA 1st terra ft unifying 5s
AGen
,
67%
73
' ?■ 1;
,,I1L ,r
M-S
1989
..Nov 1989
certificates
bond ctfa
inc
4s
1
3
5
,
69%
49%
3-J
'
!St Louis-South western Ry—
66%
66 %
68%
67%
■
deposit
of
series A
M 4 Vis
100
-.J££ p-.hr)\
1950
deposit—
.1950
7
—1979
A certificates of deposit stpd
Certificates
A
A Cons
,V
?
3-J
APrior lien 5s series B
.
95
97Vi 97Va
100
100
Low
Week's
Last
Sale Price
I Period
Year 1945
No.
95
..
Interest
New York Stock Exchange
Range for
,
A—
ser
ACertificates
r
3-J
—1996
,—-1998
..1955
1st gold 5s
St Lawr ft Adir
8t L Rocky Mt
High
low
„
Friday
777:?;77ii OND S 77:777
7v7:r Vi .Friday 'Week's Range'-':''
Interest
Last
or Friday's
Bonds
Period
Sale Price
Bid ft Asked
Sold
^
,
selling flat.
-in
NEW YORK CURB EXCHANGE
AND
WEEKLY
NOTICE—Cash
in
deferred
and
week
the
in
in
In the
following extensive list
Jan.
5, and
which
they
No
occur.
we
account is
furnish
ending the present Friday
security, whether stock
every
"
RECORD
YEARLY
delivery sales are disregarded In the week's range unless they are the only transactions of the
lootnote
a
taken of such sales
in
computing the range for the year,
complete record of the trans actions
a
on
the New York Curb
Saturday
is intended to include
Exchange for the week beginning on
It is compiled from the daily reports of the Curb Exchange itself, and
(Jan. 11, 1946).
bond, in which any dealings have occurred during the current year.
or
'
RANGE FOR WEEK ENDING JANUARY 11
■
1
'
tTOCKg
p'
New
York
Curb
,
i:
Week's
Friday;;
'-
Sales
v
77.
Friday 7-*'
7
STOCKS—
Last
Range
for Week
el Prices
Share*
Exchange
New
Exchange
Curb
York
-
.
Low
High
Low
Par
High
.
Hteh
Low
;
.
[ti.[
Wire
Acme
A D F
;
Motors
warrants—
10
cumiuua....,
Co—
,
Supply Mfg class A
Class
Investors
G7o
1
Mfg Corp
I
Alabama
Great 8outhem__-._.__J.,
Power
Co
16%
*,
Int'l
Allied
Bros
6 %
preferred
Aluminium
6%
Ltd
Book
American
Cities
Convertible
Class
Class B
For
Power
ft
.100
46%
99%
106
75
100
6%
37
-
29
67
75%
115% 116%
11,800
,
V
400
;•
36V4
Dec
''A'
Dec
112%
Nov
American
American
14%
,
48
63
4%
63%
21%
100
19%
Jan
25
15%
Jan
26
4%
3,150
50
5%
62
:
Dec
119%
Jan
63 %
21
22
50%
51
J/4
1,500
r
-
120
3,400
122.
Oct
1% Mar
46
Mar
Nov
Nov
Va
page
1
51
47%
8
47%
7%.
100
47%
150
8%
5,300
-
-
125
53%
Potash
ft
.
6%
i 62
29%
29%
21%4;
■
5%
-5%
,
77 1st $6 preferred
77 $6 series preferred
American
American
Anchor
Jan
25,/a
Jun
Aug
54
Nov
Post
Fence
July
-48%
Jan
8%
Dec'
Dec
:
:
2%
47%
-*
'
...
Apex-Elec Mfg Co common
■Appalachian Elec
Argus
Inc
Pwr 4%%
,-_S
50
100'"
55
350
16
17
■6,800
Pec
July
Jan
45%
7^0;;;7 NOV
■■*
'
29%
26%
Dec
Dec
Oct
Dec
32%
.24%: Nov
6%
Dec
1%
Jan
7" 31
741%
Jan
44
Jan
59
Dec
7';11%
Jan
19%
Dec
4%
Jan
.
7,
Dec
-,,7v,vv;
....—
—
5%
7 Anglo-Iranian Oil Co Ltd—
7 Am dep rets ord reg
;
18,800
7
54
:_3
preferred.:
Writing Paper common——•
Thread
3,200 ;
115
Nov
14% Pec
7754'
15,500 ; 7717%'" Jan7
200' V25% Apr
5%'
41
41
Dec
7
w-
■22''*':
Chemical—
Republics
32%
20%
Dec
46 V8
Mar
400
25%
Nov
24%
.47% May;
7
45'
24%
*
■.
V
18
44%
2%
7
'
,
-'41%-Jan
-
650
29 %
8%
Nov-
Dec
;
50^ ' Nov
i J
7 Aug l
8%: Jan
.
7% 100
44%1 •
25% 7
xlll
26%"
X 1
.^—,...10
American
Nov
11%
4
7.(: '{•
7American Seal-Kap common.^.—y.. J
Amer Superpower Corp
com
10c
Jan
44
42 %
-
Co.....—1—.~1
Maracalbo
Angostu ra-Wupperman
..25
217,
7-
-
•
8%
8%
2%
,
;7
72%
44
7 47%
400;
81,500
77 %
6%
7%
'9%
10%
11
2,000
5%
I
1
...
•
41 %
pfd_..100
1
114 %
14
5%
5%
40%
42
114% 115%
13%
14%
Nov
Aug
7 Jan
49 %
Nov
<
8%
Dec
5%
Jan
11%
Dec
3%
Jan
•712%
Dec
4% Jan
17% Aug
L-— £ 1
Oct
3%
18
7
1,800
•
10 %
9%
135 7
;;;
Dec
■7 5,600
7- 6,000 '
7%
11
Jan
120
10%
110% July
■
High
*
Jan
31'7 Jan
>-
773OO
49%
16%
'
86% yJan
107%
l,7
14%
•
375>
53
Nov
'"i": 11% Oct
3: 7
>,
Meter Co
American
Feb
60%
-
Jan
600
117% 3 35
;
Dec
1
8,800
748%
Laundry
American
Nov
26
110'% 110%
{'' 7
122%
24
110%
7
134%
22
'
L'<■
:
724%
American Hard. Rubber Co.—
A110% NOV
;Ii
1714%
Mach—20
;Americrn Light ft Trac common
25
M 6 %;preferre<t-^^.u....——95
American Mfg Co common——1—.-.23
9%-BgC''
7
17%^ Jan
2,750
-
•
111% 112%
111%;
a*a
7
•
•
44%
Corp common ...10c
preferred..———1
preferred—
.1
convertible
■
25%
'
$2.50 convertible
Dec
-
Jan
S2
23%
Apr
Jan
■
39%
Jan
Aug
1
7
771% 7:2%
'
23%
25
General
American
'18%
•
•
Jan
115 V4 May
-
400
•
131
'
—1
—28
""
see
Dec'
2V»
44%- :vr43%
4
^lght—
A..
—I"
—
footnotes
640
53%
50
116%
.26
-100
.—II
Mfg
class
380
-
;
14%
75%'
—1
Co..,
A_.._
Jan
8%
*
common
Central
Dec
3%
Nov
6%
■'
.•
common.
'American Gas ft Electric--.-^i^T—10
4% % '■preferred
—.100
Sep
18
■?
24
—•
^
American
Dec
"
Jun
-
> 240
46%
lioo
common
common
American
6%
19%
■
May
22%
1,800
116% 118%
Mfg...
Beverage
Aug
5%
;r
.2,900
9%
107% 108%
53%
_•
preferred
American
Dec
Jan
2% Mar
21,100
128% .131
118%:'
pia.
...
Goods
Industries
11
1,300
.14%
conv
common...
Aluminum
22
^£25%
3% Aug
9%
Iv
1,800
■
17.;'3-j
8%
.R«-v^Y30W
iMichi..^
...10
Co common—...... —•
Aluminum
5%
21%
-.•108
Investing $3
Aluminum Co
15%
Jan ;
"
9% "
j
Proaucc*
Altorfer
1
:16%.
Alles & Fisher common
Allied
3,400
3,800
.5%
21%
$7 preferred...
preferred
' 19%
Fork & Hoe
American
9,300
16,100
51 v*
49
51%:-
American Cyanamld Co common....lG
American & Foreign Power warrapts—
,
36 %
—50c
Appliance
15
5%;
—10
Electric
;6%
19
17
V,
Jan
■
1,100
Low
'
; p; ll%' Dec
27 ""Nov^
:32
Apr
10% Sep
14%. Nov.
20
,
x6
5%
15%
...10
Alabama
$6
5%
18
2
~
nreferred
preferred
Air-Way
30
5%
2"%
3,500
.
1
common
-
29
5% f..;
1
B
Convertible
Aireon
30
B
10%
I
Alnsworth Mfg common.....
Air Associates Inc (N J)
Air
9%
10%
36%*July."
%
'
ACF-Brlll
Range for Year 1945
Bharee f;
»f Friee*
•
For
r
for Week
Range;.;
Salt MM
Range for Year 1948
Sales v
Week'a
Last.
■
Sale Price
.Aero
shown
week, and when selling, outside the regular, weekly range are
1
900
7-
3
Jan
1,400
20%
Jan
60
111 V*
Jan
2,900
7%
Jan
20% May
6%
•-'41
116
15%
Nov
Dec
Dec
Dec
.Volume 163
Number! 445S
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW YORK CURB
RANGE
y:.q'qBTOCRa^New
York
Curb
Friday
.<
Exchange
<
Week's
Range
'
Common
.
•v.
;
H
class A
7
non-voting——*"
;
v 6%
.preferred-.—
—10
Arkansas Power A Light $7
preferrea.*
Aro Equipment Corp
—
2.50
Low
Associated Electric, Industries—
Americau dep rects reg
•
7%.
•
Associated Laundries of
America——*
^Associated Tel & Tel class A-.-,—*
t:i AtlantaBirm A Coast RR
Cq pfd-. 100
Atlantic Coast Fisheries..—
LA
Atlantic Coast Line Co—50
:.i Atlas Corp
Jan
.7%
lOVa
Jun
j11%; Dec
114
10
110%
Feb
26%
31,700'
27%
12.
13 %
-
2%
3,500
6,200
•
3%
11%
2%
'
3
&°G,
15%
13%
16%
90
„
91
warrants.—10%
-2%
Corp—————J25%
,24%
Atlas, Plywood
-'.Automatic
./Automatic
Avery
6%
<
Products
Voting
(B Pi
——1 •'<■?
common
preferred
t^Ayrshire
ft
Seelig
Baumann
(L)
A
Beck
(A S)
uellanca
Bell
Shoe
Jan
10%
Nov
207e
Oct
23
Jan
20%
Oct
700
49%
4,750
150
?
}6 % Mar ; •;
28% Oct
>
7%
Jan
/■'. :-q
11
20%
•
*;■:
Dec
Apr
Jan
8%
2%
Jan
Jan
16% Aug
4% Jan
4,100
1,800
20
•'
5%
43%
"400
9%
18%
106
"
27,000
"
21
8%
Sep
100
9%
8%
Jan
114%
1,800
qq./.;: *:q:
■
10%
1
common
13%
Jan
10
Corp—■
Aircraft
Tel of
18%
Jan
Jan
67%
*
Mills Inc
Apr
5%
10V2
41%
15% xl6%
7 % 1st
preferred——,..—-.,....100
Beau Brummel Ties—
T
Beauni:
Dec
12
25
41%
..J5,
common
27%
600
qqfiq
common
Inc
Dec
Dec
1,100
•
Mfg—
convertible
Nov
91
17% Jan
' 4.100
qt 1.700
27%
•,
Refractories
"
NOV;
10
•
47%
,n „. ,„ ■■
r, *
American, shares.:—
Barium Steel Corp.—-...--I—..wi.
$1.20
v
26%
;
•
'
Jan
26
27
Baldwin Rubber Co
common——^,1
Banco de los Andes—
;
>
Basic
Jan
2%
9%
19%
v
■
Feb
/Aug
17
'104
.'12%
58%
26
;prelerred_—.
Barlow
/
'
100
16%;
8%.
19
Oct
'■ 4
Jan
33.400
26%q
15%
£r£19%
25
—
•
77i
5
Collieries Corp^.,,..—1■
Sabcock ft ViTllcon- Co......
Baldwin Locomotive— ■ *'
;
16%
Machine———.*
& 8ons
15
10% Dec
; July
7% Aug
42,200
10%
Dec
29% Deo.
.
101
'
Dec
115
8% Aug
% Jan
"
;,;
J
16% July
7% Apr
3,900
"r
-
10%
—
7% Dec.
,
3%
,1,600
7y«
114
•
Range for Year 1945
Low
High
3% Jan
12.1C0
11
6%
J61
V
7
10%
•
26%
-13 Vi
M v
■
High
€%
•
io%
Ashland Oil & Refining
;
Shares
-
;;
Arkansas Natural Gas common.......*
for Week
a! Prices
> Last
n
Sales
^
Bale trice
'
EXCHANGE
FORWEEKENDINGJANUARY
1
common
1
Canada.;—..—.;
100
Benson
ft Hedges
common.........
Convertible preferred...———*
;
Berkey ft GayFurniture——.....'..1,
Blckfords Inc common—..—-.——.1
Birasboro Steel Fdy & Mach
po corp—*
Blauner's
common
•
Bliss iE W) common.—.—..*,,
Blue Ridge Corp
common,—
y $3 optional copvertible
-
preferred-LLf.
Blumenthai
Bohack
7 %
(H
1
....
<
S)
C(
ft
Co
common
——'
1st
preferred
100
Borne Scrymser
Co.—..,.—.1.25. Bourjois Inc
Bowman-Biltmorecommon—.
1%
,
1st
preferred..—..100
-q*' $5 2d
preferred
^.
Brazilian Traction Lgt ft.Pwr—
Breeze Corp common
1
Brewster
-
Aeronautical——.1
Bridgeport Oil' Co.-.—
:
Briiio
Mfg Co common...:,.—;...—*
Class. A-.—
-——-.*;
q
...
Davenport Hosiery Mills...
British American On
Co.^.———»
American Tobacco—
Davton
British
.
Am
dep
rects
ord bearer..
New
tl
dep rets ord* reg^——.81.
Celanese Ltd—
Amer dep rets ord
reg—.—10s
Columbia Power class A.—..—*
8%
Gasket
Brown Forman Distillers—
$5 prior•'preferred—if'-
6%
Brown Rubber Co
(E Lt
Co
preferred
7 %
*
104%
*
California
Dobeckmun
1% Jan
•-*3'
Camden
Canada' Bread Co,
Canada
6%
•
8
—
Ltd
Draper
3% Jan
—
—
9%
11%
9%
100
.7% Jan
12%
2,400
6% Jan
11%
4,200
6% Mar
241/*
—
25
190
—
Participating preference———28
Industrial..Alcohol—
Canadian
July
8%
A
-
—
—
•.Class B
voting—
non.
18
25 %
—
18
voting.*..*—
-Canadian: -liATeonl ■!
Capital City Products
Carman -ft
Carter
Casco
(J W)
Co
(A M)
natalin
Corp
ft
of
Central
Ohio
Central
Power ft
1
V/o
Conv
15
—
—
Jan
42% Feb:
116
Sen ;
10%
11%
40,700
37
41%
1,150
17% Aug
106
112
100
37
38
100
36
36
;
common
_50c
—1
5
....
18
Aug
50
16%
16%
18
Aug
3% Aug
200
18
4
1
100
142
.*
8% Feb
100
■
145
•
100~V: 112
44
15 %
15 %
425
2%
2%
158% 165
16,600
28%
14%
142
;
31%
151 /
14%
145
-
1,250
,
-q
East
-
85
42,100
2,850
117
' ;
200
80
' Nov;;If
9%Nov:;'!;.
:
common.
20
V,
.
Dec.:
U;
..7%
N0V;'q \]
;i6^
—
Gas ft Fuel Assoc common—.
r-4%9»
q
6%
Ded-lj^
■
•
prior preferred
100
vpreferrecL.——100.
2t.
Stages Corp
preferred series A——
; > $6
preferred series B
Eastern Sugar
Associate*—;
$5
-*
....
preferred
•
*
j
;
—
Easy Washing Machine B.
Economy Grocery Stores..
1
—*
;—....*
Elect ric
Bondift Share common...
$3.50 pfd formerly.
*
.$4.20 pfd. formerly $6—
Electric Bower ft Light 2o pfd A—*
Option
warrants
——... —
Electrographlc
Corp.
Elgin
Watch
National
Elliott
Co
19
22%
72%
74...
76
78,.
8 V*
24,
50
5lVa
10
25
26%
51 %
51 %
Equipment———.1
Equity Corp cominon
$3 convertible preferred..
10e
—
1
Esquire Inc
Pipe
.6%
21
common
ft
145 y4 147%
"... —-1
Co—.—If
5%
preferred i-.————50
Empire District Electric 5% pfd—100
Emsco Derrick
1
Line
Eversbarp Inc
$C
common
new
% Aug
Jan
16% Jan
q
11
.TRn
-Jan
110% Mar
Falrchild
Camera
Faircbild
Engine
$2.50
common—.—
pfd
Brewing
.
.1
Falstafi
Fansteel
Fedders
Inst Go
1
—
Metallureirnl
Association
3
•
:
Manufacturing Co
Federal Compress
Fire
ft
ft Airplane—
conv
•,
16% Nov
7% Dec;
100 V4
Dec
;
5
q
;—1
27
Dec
i
*
106
Nov
n
Oct
11
27
Nov,
;:
75
Jan
; j
—
1
ft Warehouse Co—M
(Philai
:
.
.103
Jan
34% Feb
11 % Sep'
:
180
-r v.
>
NOV
xl02% Nov' I
66
JunViv;
-
'
>V
Aug-.I
io% Jan
16% Jan.
275
40%
147
_•
217.
Jan
7,900
21%
10
preferred BB—
63
150
6%
17%
;—
B
470
20%
—25
Chicago Rivet ft Mach
Consolidated Mining—
page
—
—
5
Chief
see
6%
—
—
3.
Dec
Dec
is
.
Dec
.88 '
——
Duro Test Corp common—
Duval Texas Sulphur...,,,.
Eureka
Chicago Flexible Shaft Co
common—•
footnotes
—
10
i—
;
>
12% Jan
118
Feb
'
n Apr
——-100
IChilds Co preferred
Cities Service common
-
—
preferred——100
r'hesebroneh Mfg
For
-
105% 106%
—•
pfd opt div ser_—
pfd opt div ser 29
preferred
preferred
.,12
,
1
pfd—.100
6%
,
Eastern
16% Jan
28 V Mar.
j ;
i
;
]■
q
Dec.
--
14%
Eastern Malleable iron
Jan
80d,s i /8%.Jan
1,400..
14% Jan
156 r, *24
.Jan
15,000
7% July
.118% May
210
104% Apr
;
.V
•
33%
—
Dunlop Rubber Co Ltd—
Am dep rets ord reg
Durham Hosiery class B
;%•
Nov:
July
:
108%,Apr
29% Nov
1% Jan
-
1?%
13%
.100
80
14%
■
V
34% Nov
common
Corp,
j
,
Oct
Dep
19
.
$7
700
350
"
59%
35%
pfd—100
Cnaris Corp common.
Cherry-Burrell common—
60c
—i :
34 "
20%
14
21%
5%
Products
Chamberlin Co of America..
S6
i
58%
35
1
Light 7%
'Cessna Aircraft Co
$6
6
May
5% Apr
550
20%
pfd
preferred
Conv
—
--
18,800
34
10
Amerlrai;
Steel
30
33 I
20
-•
—
Central ft South West Utilities
{Cent States Elec 6%
L
I
•
com..;
Co—.;
Central Maine Power 7%
Central New York Power
■
—•
pfd___—_—:—.i—•
.Products—.;
.Castle
4%
4%
Li
common—.—
P & L $5
.
Nov
f
8% Jan
-
Co;plas8'A^w-.^.—..—.LLL*1.'
Carnation Co
Carolina
200
—Iti'l ""
—
Jan
Nov
5
5
Sep
Nov
14%
25
Jan
•
;. Class
10%
108% Apr.:
—
...
Dec
13
,.
20
—
"7
4%
q-
12%
Driver. Harris .Co————•
Duke Power Co—
—...—1001
Foundry Ltd—
Co
Dec
21%
Dominion Steel ft Coal B,
Dominion Tar & Chem Co Ltd—
Dominion Textile Co LtiL.—..
common—*
preferred
Canadian Car ft;
—1
Ltd.——-
Cement Co
^
1C
•
«
Domestic Industries class A com—
Dominion Bridge Co Ltd
Jan
4% Jan
11
Estate.^,—.——!
Electric Power
Tungsten
Corp
Fire Insurance
Calltte
preferred
————
Cable Electric Products
common—50«
Voting trust certificates
-50o
Cables & Wireless-^,
Sugar.
common—
Distillers Co Ltd—
Am. dep rets ord' reg—
Divco Corporation
Dec
10% Jan
common...—^,.—.250.
American dep rets 5%
pfd—£Yv.
Co
common
Diana Stores Corp__
Bunker Hill ft Sullivan
2.50
Burma Corp Am
dep rets.——
Burry Biscuit Corp—
—12%eButler (P H)
Calamba
Products
De Vilbiss Co
•
Corp—
..—^—100
....
Stove
Steel
Dec
"NOV.
21% .Jam i?.
6V« Dec ;•:,< }
10V4 Dec H
39
Nov : I
38
Sep '!
Foundry
Mick
Detroit
1
eommon^^i.^.—.£*£'
^ Bruck Silk Mills Ltd
Buckeye Pipe Line.—
Buffalo Niagara Electric
5%
Gray Iron
Detroit
common.
■
Bruce
Mfg
VI,
14
26
"
preferred
Detroit
I
ft
•?!
<!
Dec
155
d ebentu re——
Detroit
v]?|
Dec
Dec
155
Derby Oil & F.sf Corp_i
Brown Pence ft Wire
common....*
Class A preferred
*
.
40% Mar
15%
16%
Mfg class A common—
$6 prior preferred
> ;
'
*
Cenmson
Class B ———-i—-—--i.*'
,
(
_r—
Class A convertible—i—
Dejay Stores common
Am
British
British
:
RubberuMfg—
common
{
EXCHANGE
NEW YORK CURB
.
New
Week's
Friday
STOCKS
York Cnrb Exchange
Low
Shares
5% Jan
22 %
Jan
Italian: Superpower
£ 3%
;;6%'/ 6/;
Jan
km.
9%
*5 % Mar
28%
14%-15%
21%
23.;:
30%
31%
24 Va Aug
9
Stores
Froedtert Grain ft Malt common.
Franklin
"
129
131
preferred
convertible
131
Jeannette Glass Co__
Nov
Jersey Central Pwr
23%
Dec
Jan
31V*
Dec
3 % Jan
17%
37
Jan
Jan
105
Dec
77
•
preferred
preferred.
Julian ft Kokenge Co—
Jan
131
2,800
Gatineau
"'
:
Warrants
—-
27
General Fireproofing common———*
General Outdoor Adv 6pfd
100
General Public Service $6 preferred—*
General Rayon Co A stock
—.*
General Shareholdings Corp com.—1
$6 convertible preferred
•
Gen Water Gas & Electric common—1
106
Gilbert
(AO)
Krueger
4%
Gobel (Adolf) Inc common
17% July
17s/e
Jan
12,800
3%
Jan
375
48%
Jan
7iy* May
Lanston
600
13
Jan
47
Lefcourt Realty
68
50
2%
115,400
90
50
.48%
Mfg Co.
preferred
:
103
39%
Dec
25%
•
Dec
23
;
Dec
I
;
Mfg
04
common.
Graham-Paige Motors $5 conv pfd—25
37
1
—•
1
Dee
.
14
Grand Rapids
Varnish
Gray Mfg Co
Grayson Shops
(Cal)
ft Pacific Tea—
Great Atlantic
Non-voting
^
Aug
Dec
24% Dec
114%
110
135
137
"
42%
Paper
■b
common.„28o
pfd
.^.100
Gypsum Lime ft Alabastlne——*
Products
Stores
Gulf State Utilities $4.40
i4'
140
Oct
v
47%
1,200
' 20% '
14
14
?
115%115%'
,
117
60
'
45
U
3,900
18%
19%
Greenfield Tap ft Die
Grocery
1,175
115
137
stock.
common
Dec
Feb
Dec
24% Nov
15 Va
-800
Dec
114% Mar
^-10-
..
No?
"
Haramermlll
Electric Light
Hartford
Rayon
Harvard
voting trust
Oo
Brewing
Hat Corp
Hazeltine
12
13%
'6,100
13%
'
10,400
'9
10%
11%
12%
0,200
3,200
19%
31
10%
11%*
21
5
21
3%
Co
5%%
21%
24%
Dec
Nov
1,300
100
38
'3%
l.BI
13% Feb
■
Horn & Hardart common
5%
U 27.'
Howard
5%%
3
2%
12%
12%
Dec
114%
Jun
7 i:
i
33
100
Jan
3,000
•
7
3,700
3,700
7;100
Jan
Fibre
Hussmann
Corp.
Go...
.
Midwest
5 %
35%
33%
■&
74 y4
V-: 19- p
19
•
28
',25%.
■
Jan
34%
14%
13%
15%
I
ft
Indianapolis P ft L 5%% preferred.100
Indiana Service 6% preferred—.—100
7%
preferred
—100
of North America.—10
53
•; 14'-;
I53/8
Jan
73
Dec
20
May
32% Oct
13% Mar
8
90 v,;
;
98
26%
$3.50 series.
International Metal Industries
62%
X 94
:
Jun
12%
Jan
15
Jun
300
11 v
Jan
12% July
24%
Sep
30% Dec
20
92
112%
Sep
116
Jun
Jan
100
Oct
Jan
100
Oct
Feb
113
50
:
52
40
.
93
98
15
r
115
923/4
Jan
400
29%
90
11%
1,900
15%
12%.;
:114
Dec
8,200
12%
;•
Dec
Mar
-
15
28%-v 2,800
29%
—
International Cigar Machine.
International Hydro Electric-
57
85%
1,650
::CX
26%;
263/4."
61
International Minerals and Chemicals
.
Nov
26% NOV
19%Mar
800
9
17%
5%
:i3ya
21% 23%
16% 17%;
13
23%
'
17
99,700
6,600
.
3%
Abrasive
Oil
Co
Jan
26
Nov
23
3,400
May
Feb
3?
40%
12%
9%
'
1,350
7
14,900
*
21,500
100
19
Jan
68
Nov
Feb
28%
Nov
23%
24%
1,700
26
—
International Safety Razor B.
Utilities Corp com.
International
$3.50 preferred
—
page
217.
10
5,900
.75
89
'
9
*
U%
825
16,600
Mining & Mfg—
P & L 5% pfd—.
Missouri Public Servha common!—
Minnesota
Molybdenum
J
common—.——-*
preferred..—
—10
Monogram, Pictures
5%%
conv
Society A————
-1 \
Dakota Utilities new com—5'
Monroe Loan
Montana
Montgomery
—*v
Ward A
Montreal Light Heat & Power.
—J
Moody Investors partic pfd_:
Morris Plan Corp of America——10c
Mountain City Copp?r common
5c
10
Producers
war
Mountain States Power
common
common— •—•.100
Tel ft Tel———
Murray Ohio Mfg Co
*i%
Muskegon Piston Ring——
20%
24%
23,900
18%
Sep
22
22%
500
18%
Oct'
13
36 ;• Nov
,
•
42%
Nov
•
; 8%
13 i
Dec
-
37
Dec
J.an
14. ^Aug
46
Aug
1% Jan
7
Dec
v
"3%
27% Dec
U 81
j
,
30
15%
16%
:
17%
8.%
8.%
18
rl8V4
Dec
Nov
'
;-4%
:4%
Jan r-
Apr
.10,700
12
11%
.
2,500
Aug
•■4%
2,000
Jan \
9,000
Feb
21%
.
9%
4%
10%
22%
47
-47' ^
;■
12%
199 ■',< 200,
200
*22%
49.
,
'
:
•
:.50
Feb
/
18% Mar
Jan
t
/pa:;.
Nov
-
i%
Jan
9%
10%
9,000
■
Dec
1973/4
Dec
22
Apr
.48
;
38%
3,400
8,700
10
„
Dec
5
: 13
100
4%
9%
10%
179
1,350
,4Va
v'
21
19
'
33% Nov
17 3/4 Nov
9%
•Feb
21,200.
8%:
Dec
8% Dec
Dec
50
30
Dec
Jan
27
Dec
10% Nov
5 3/i
Dec
Dec
6V4
Jan
10%
24 Va
Feb
30 %* Dec
146%
27%
18
Jan
183/4
19%
13%
Jan
15%
16
10
Jan
23%
27
v
v
Dec
,29
129;;; May
27%
Nov
20s/a
Dec
.17%
Feb
27
Dec
common—
21% Mar
10%
;
Jan
2%. Feb '
8Va Jan: -
Mar
20%
Co
Dec
18% Dec
Sep
100
:
Corp
!Mar
28%
1.1Q0
Minnesota
.
9% Jan
12%
5
39
5
38%
5%
'3,400
2,400
39%
550
/'•
Jan
Nachman
Jan
6 J/4
Dec
National
23
Jan
40 Ve
Dec
National Breweries common
51%
—
30%
5%
1
—50
common
preferred
5%
7,100
22%
10% .Aug
Dec
23%
*
shares
conv
Muskogee
,24%
shi..*.
coupon
Co
Wohl
Mining Corp of Canada
100
5
Jan
11
2,900
12%
34
25
*
Nov
*6% Dec
15
NOV
1% Jan
8% Jan
15% Aug
4
22
15%
11%
Dec
-
9% Nov
19%
-2% Aug.:
15%
34
;
8% Mar
:
7% Nov
^60
..Jan
3., 'Jan;
-
;
:12% Dec
-
.
1,000
■20%
-
p
3% Jan :
2,800
15%
-*
50
10
9% Dec
110%; Dec
,
Jan
26
dividend shares—
common
22% Dec
h
Jan
45
Dec
13
27% Dec
Jan:
3%
4,000
1,300
' 20,300
2,800
21%
v
Mountain States
-
Warrants
~8%
16;
J t
Mountain
6234; 2,500
...
>
20%
Preferred
For footnotes see
>9%
30 ••: "Dec
.
v-v
3% Apr
j
Oct
5:18% Dec
.
Dec
100-
25
*
5,100
6% July
£1
.
,
14%
3,100
2,100
193/8
72
72%
Products
:
500
8%
11%
4%
Piping & Supply
Mid-West Refineries
Zinc Co..
Registered
,7%
.2.50
Midwest
Imperial Chemical Industries—
Am dep rets regis
imperial Oil (Can) coupon.
Registered
Imperial Tobacco of Canada..:
i
Imperial. Tobacco of Great Britain
International
5,000
Nov
46
Jan.
25%
13%
"2,700
110
10
;•
*9
Co
Mid-West
preferred
International Petroleum
;
4%
Dec
-
22%
v
Dec
29
,
Petroleum class A
$2 non-cum
Midi ale
Dividend arrear ctfs
Insurance Co
8%
12%
.
Midland Steel Products— ~
Miller
Ireland
9%
■
vtc.l
■Class B v t c——-T-——'
Middle West Corp common:
-—5
Midland Oil Corp $2 conv preferred—*
]
Illinois
IfoIS
ll%
1
Preferred
Illinois Power Co common.
conv
preferred
Micromatic Hone Corp
Huyler's common
1st preferred
Hydro Electric Securities.
Hygrade Food Products.
5%
-v.
Michigan Sugar Co—;
Ligonier
$2.25 preferred
Com stk purch warrants.
•
8%
1
-25c
15
Michigan Steel Tube
(Harvey) Inc
ft Refining
Hummel-Ross
20%,.:
110
—
:
"24%. 25, :
19%
21%
24%
A preferred^.,.
'
30
94
-
Jan
Dec
l4% Dec
ti
36% Mar
17%
-9%
9%
—'
Chapman ft Scott.—
Participating:
16%
;29
29%
4%
Mar
5,800
17%
6% Feb
.13% July
7% Mar
94
—-1
o
—J
.
■
Jan
.; 300
common—
Corp.
1
v
—
& Co
8%
41% Dec
18
Mar
40 , Oct
5% Aug :
,8% Jan
Moo
Oct
* -
Jan
Mar
'
—
41%
2% Mar
14%
17
.1,500.
—
Dec
Aug
109% Oct
32
Jan
7%
6% pfd—
common
$2.50 preferred
<
99
41
Harris common.
Dec
Dec
111
h'
*
40%. 40%
3%
July
80% Aug
85
19,800
Shovel.
Utilities Association V t
Corp
16% Dec
i
il Sep
"
2,475
450
^
4
30%. Oct
10% Jan
96
11%
optional warrants.
Middle States
Hubbell
Dec
25% Oct
18% Jan
91,400
225
94
Michigan Bumper Corp—
Humble Oil
18%
Jan
Mar
24"
">•
i
Metal Textile
..
Apr
100
.
19%
104% 106
preferred A ctfs of dep—
•; 6 % preferred B ctfs of dep—
Louisiana Land ft Exploration..
Louisiana Power ft Light $8 pfd.
Lynch Corp commot
7%
Messabi Iron Co
Stores Corp
preferred
30%
15,300
27%
15%
,
dep..
of
ctfs
Common
6%%
100
Feb
,
Warrants .——J-..
—•
preferred.
26%; Dec
'-.W'
Lighting Co—
Long Island
Merritt
•
Dec
25
Jan
14
2%
18%
—10
Baking Co
Dec
28% Feb
600
3,300
-
^
Hollihger
Horn ft Hardart
46%
700
29
27%
Locke Steel Chain.
Mercantile Stores
Consolidated G
Holophane Co common
Horder's Lfic
Hormel (Geo A) ft Co common..—.*
Oct
'
24%
23%
Mead Johnson
Heydec Chemical common.
(R) ft Co class A
Dec
80
1% Sep
44
21%
Memphis Natural Gas common.
Hoe
11%
Oct.
24,800
3%
42
McWilliams Dredging.
Henry Holt ft Co common.
,
31:
-
®
common..
Mar
48
Mar
,4
10
38
-
,
12% Dec
22% Dec
21% Dec
200
10%
77
9%
77
May
34
Jam
6% Mar
Lipton (Thos J> Inc 6% preferred—28
Lit Brothers common... ,,, ,..... •.„■■.—-*»t
Loblaw Groceterias Class A
—
Class B
McCord
preferred w w
'
14 Ya
13% Mar
350
ClasB A
Heller
,v
9% Dec
Dec
Jan
25%
50
.
23
Jan
6%
700
20%
31
11%
1
common
McColl-Frontenac Oil Co
•
Helena R»h<n«tAin
Dec
14% NOV
15% Jan
23%
10%
Monotype Machine—
Massey
j|25*
Stores common
Hecla Mining Co.
..
V
8% Aug
12
22%
Ltd.
Prior
Mass
*
Corp
Dec
Dec
32%
600
21%
32
23%
Jan
16% May
14% Mar
900
•700
Marion Steam
1
of America B non-vot com
Hearn Dept
Apr
15%
200
31%
Mapes Consolidated Mfg Co.
Marconi Internat Marine , ,
Communication Co Ltd.....
m
*
m,A
31%
r
•X13%
Manischewitz
Paper.
Hartford
Jan
HPJan
:
.
Mangel Stores common.
(The B) Co—-
Co Ltd.
Deo
7
19,400
23%
common—.
Manatl Sugar
Lamp
Bridge
Hamilton
.3"*-
30
Lone Star Gas Corp common.
X24
;
preferred
1st
Great Northern
'
Jan
3%
1,000
23
preferred
Leonard Oil Development
Le Tourneau (R G) Inc.
Line Material Co.
Nov
52
,
Jan
22.
.
'
Convertible preferred—
*
>
300
9
1"%
31
Langendorf United Bakeries class
class
14% Dec
48%
Feb
7% Jan
Jan
"
52%
43%
"r;,70;
'6,700
8%
-
Apr
113%/Nov
89
Lionel Corp
Gorham
Dec
Dec
Oct
18t
)7%
1
A..*
b.*.*—,—*;,
Lane Wells Co
v
7% Des
July
106
July,
v
2%; Dec
Jun
47
—;
24%
►
:
%/Jan
400
13%
12%
Gorham Inc class A
•
1.05
2%
P
.
'
40
104
•
$4.50 prior preferred.—
Goldfield Consolidated Mines.
4,100
7%
.
Oct
16%
Feb
Jan
8% May
■<
22%
———1
9.200
6%
65
; 39
1135%
Feb
115%
86
preferred——100
24%
"
——•
Sugars class A__
Goodman
- *
Brewing Co
24%
22%
Nov
21%
f
Lakey Foundry ft Machine.
Lamson Corp of Delaware,.
22%
29%
3
75
I* '
.
convertible 1st
Lake Shore Mines
9JO
Dec
12
Kobacker Stores new common.
iu%lil%
.......
1
Corp
Coal...
Nov
,22%
•
Kresge Dept Stores—'
•
Harvester
Alden
Godchaux
6
—•
Gladding McBean ft Co
Gleaner
25%
—
Co
.
Ill
20%
B
—
Knott Corp common.
914
5Va
Nov
114%
:6%
prefferred.—100
7% pfd B
100
preferred D
—■——100
105% 108%
—*
*
—•
common——
Preferred
Gilchrist
106
117
8
Geoigla Power $6 preferred.—..
preferred-
21V*
110
J*
-"r
108%
107% Mar
.13'
6%
Seeley
,
'Kingston: Products.*.—Kliby Petroleum
——1
Kirkland Lake G M Co Ltd
;
—1
Klein (D Emil)
Co comraor
' •'•*
Kleinert (I B) Rubber Co.1
———Id
preferred series A
Vv :P''v.
20%' Nov
•
Jan
108% Mar
19
King
.1
..
>
I 23
4% %
5%
11
General Finance Corp common—
104
116%
19
Kings Co Lighting
;
ord reg—
Amer dep rets
4% Jan
,
».
26%
26 V«
,
23%
—
(Walter) ft Co—
Kimberly-Clark Corp—
Ltd—
Gen Electric Co
26%
—■
Kidde
General Alloys Co.
Han
4% Mar.;"-
100.
109% 110%
111% 112%
—•
Key Co common
co commoz
power
preferred.
1%
,
;/
Dec
130
109%
112
preferred—100
1%
Co
Kennedy's Inc....
Ken-Rad Tube ft Lamp A.
Gellman Mfg Co common.
•
Dec
14%
1
Garrett Corp common.
J'
'
Oct
Y/Dee i;-
Nov
Kawneer
$3
20%
il*
pfd—100
-—».—100
100
1%
Kansas Gas ft Elec
Glen
3,100
: 17%
20%
———
ft Lt 5%%
6%
v
Dec
17%
55%
I. /
$3 conv stock
Jan
20
-
33%
•31.
Co
Fuller (Geo A)
$5
3%
29
1- V-Jan',
•
Jun
2%
"Jan
8%
2,400
% -2Va
3
]i% v
■; ; ;/i
12%. 12%
19
'
'/
9%
34
10% July
27%
(Peter) Brewing
Franklin Co Distilling
5%
,
"7% May
Dec
'
Fox
5%
12%
29
42
Jan
B
Ford Motor
4%
Jan.
22 %
voting
of France—
Amer dep rets bearerFort Pitt Brewing Co
9,300
i
1,625
26%
High
17% Jan
400
2%
»a%.
•
29
——-——J
Irving Air Chute
,
Low
37%
36
-2%
Range for Year 1945
High
Vow
37
Interstate Power $7 preferred——•
Investors
Royalty
1
Iron Fireman Mfg voting trust ctfs—•
Shares
of Prices
Sale Price
High
Low
Sales
Range- ;> far Waak
Last
Range for Year 1945
High
non-voting
A
Week's
Friday
rfti
Exchange
York Curb
Naw
Ltd—
Am dep rets ord reg.
Ford Motor of CanadaClass
,
STOCKS
Ford Motor Co
Class
U N'\
ENDING JANUARY
Sales
/./of Prices
Sale Price
RANGE FOR WEEK
far Week
Range
Last
r!
|
Monday, January 14, 1946
FINANCIAL CHRONICLE
THE COMMERCIAL &
Jan
53% Mar
8% July
2%
!
13
7%
Corp
Bellas
preferred
——
——
Hess common
1
*
25
5%
6%
19%
Jan
2%
Jan
•'>. 7% Nov
Dec
33% May
43
39% Mar
39% Mar
11
'i
v.
Volume
163 ; Number 4455
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW YORK CURB
EXCHANGE
-RANGE FOR WEEK
ENDING JANUARY 11
------
STOCKS
New York
Curb
Friday
Week's
Last
Exchange
Sale Price
Par
National Candy Co common..
National
City Lines
40
40
National Mfg
& Stores
National RuDber
;
-
23 Va
23V*
j. I." *" #>14%;
14%
'I—l'':
common
19
Xtd#.##-#.#
''.1
National Transit..—12.50
>
.
14%
National Tunnel & -Mines common....!
4 '
; National Union Radio—..—30$
1
9
Nebraska .Power 7% preferredNelson
(Herman) Corp
Neptune .Meter class A
New England
.,.•'*. 6%
—100
New
Haven
&
Tel
.100
131%
Clock Co
40
N Y
>
r:.-;
Y Water Service 6%
.
,
76
9%
'
9%
Jan
7%
6
28%
50
■%
$5.10 pfd.100
loo
:
common
110
..
!
13
90%
,9%
.
;8%
....
12%
w;
.
••'»*!
v
18
1
Co
Dec
Jun
Richmond
Radiator...
Rio Grande
A
•
377/a
39%
32
9
50%
•
16,100
25%
28 y4
-37%
2,000
22
Aug
33
Dec
27%
4,500
14%
Jan
31%
Dec
47%
Jan
48 %
46%
8%
8V4
4%
9 y;
2%
2%
2%
g Vr>;
Northeast Airlines
._i
North Pennt RFt
r.:r-,-. .
an:
Northern Indiana Pub Serv "5%
109
pfd—100
Northern Natural Gas
20
46%
Northern Statea Power class ,A_.
■v- 47%
25
Northrop Aircraft Inc
1 v« 13'%
20%
109
V
,.-'39
1.
6%
11%
Ohio Public Serviee 7%
6% 1st
*
^
-
34%
—100
1st pfd
common
...
Feb
51'/a- Sep
51%
56
Jan
y
Class A $2 conv
Dec
VMar
Nov
Savoy
Oil Co
9%
»'106%Jan
Dec
Schlff
Co
105
Dec
Preferred—oa
Pacific
Lighting $5 preferred
Pacific
Public
$1.30
Service
15%
Nov
40
.
NOV;
119%
.
$6
200
new
common
Pan
n%
27%
1^36
.
#
27 V 27
.50
13%
Paramount Motors Corp_.
—
12%
14
13
(6
83
85
26%
31%
300
A#p-
•
Penn-Dixia
Cement
warr—
Peun Gas & Elec class A
Penn Power &
•
20
penn
pfd
Pepperell Mfg Co
new
Perfect Circle Co
common"
Dec
r,
Steel
Bemler
•
8
it Rubber.—
common.! I*
pfd""
Pnililps Packing Co
!"
-1
Pbila Electric Power
6%
Pierce
Governor
x8
:iy
48
21%
15
17%
31%
29
150
Pitts Bess
& L
E RR
3
-
57:
•
Jan
37
Nov
12
Dec
8%
8%
9Va
"15,600
10%
Jan
9%
10%
5% Aug
5% Mar
:.u%
Dec
4%
Dec
1
10
i
!
1,900
■
32
950
30
17
1,300
29
700
25
&
mm
{
175
:
7%
Power Corp of Canada
8
4
H
•
—II —HIlOO
33
7%
24%.
7%
25 .:
#6%
1st
preferred—
Pratt & Lambert
Premier
Gold
Prentice-Hall
99
common
of
45%
-Americal
; 2%
43
50
1,850
.
15%
Feb
.46
9%
3%
Jan
—
■17%
Providence
6%
2%,
HI
15%
15%
2%
14%
150
30,300
$5 prior preferred
Pyreno
'
Oct
17%
31
Manufacturing
For
footnotes
see
page
217.
Aug
>28
Jan
100
100
Nov
H
i
Jan
23%
•'•'9%
Apr
Mar;
27
Nov
23% Dec
Jan
3
Nov
116% July
25% Oct ".
Jan
20 %
Apr
3,400
Nov
20% Nov
143
12%
"5% "7%
Dec,
Dec
j 18% Dec
Dec
20%
Nov
Dec
4%
11%
Jan*
3% Jan
110
)•
29% Nor
10%
-''45% Apr
102% Jan
"
350
103
5% Mar i
32
"7
Dec
Nov
10%
30-•
Oct
,
'4 %
.
29
700
v
354
27
.
Jan
Apr
'6% Aug
1,700
Dec
Jan
■
14%
.4,500
1,400
Dec
19
82% Mar
83% Jan
j
;,i
Nov
7%
Jan
1%
14,100
22
' Dec
Jfan
'^12
700
20%"
Dec
21
^
Nov
-
97/a
M
3,400
5%
11
169
;
"
#. 8% May
3,000
48
340
>
Nov
8
Dec
267% Mar'
370
; JUtt
4% Jan
110
1 Feb
355
7%
7%
113
7%
19% July
2%
'mim-
Dec
•
Apr
25% Deo
2,100.
Corp
Oil
Dec
Jan
/
Apr
516% Dec
3
'
Nov
X108
105
Sullivan
Sun
3%
i 3%
5
160
1
157
—
21
■
Jan
& 3%
17
Mar
46 Va
Nov
46V4
Nov
6"%
Dec
7,800
25
.200
'25%
5%
83,000
5%
3%
Jan
27
18%
Jan
26
6,100
22
;
,
-ft Jan
(
#9#
2
Dec
Nov
'
,
7%
Jan
M 9Va
Oct
Jan
71
Dec
3%
7,200
61
Stores
#16% Mar
common
Dec
20
;
18'/a
8%
&■
:
7%
12%
•
20
8%
Dec
29
Dec
55
Dec
Apr
19
Dec
11%
8
12% Xl3%
21
22%
1,100
9Ve
7%:
22%
8
3%
3%
—•
41%
36%
44
3%
•
34%
30%
34%
39%
28%
42
1,000
;
,,
■
11,500
Jan
21%
3%
32
"
26%
34%
Nov
Dec
Nov
Feb
14%
Nov
Dec
Jan
24
Jan
Jan
4% Dec
34% Dec
23%
Jan
33
1974
Jan
31% Dec
14%
Jan
1%
1,000
;600
6,525
•,
9%
-T
f
II
10
12
1,150 ••■< ■* 14
5,350
5,750
Apr;
My 4% May
6 Va Oct
4,500
Inc—
•
Corp
29
Mar
15
.1
Cement,
;
53
10%
.'
:# Common
Oil
v.' 23 %
#2% Jan
.
Machinery
Swan Finch
Jan
Nov
Nov
r
& Co common
Ray Drug Co
Portland
Jan
Va
"
3% Dec
170
Jan
11%
2,100
Dec
Sep
J/8 Dec
4
-
Jan.105
560
;
#
Jan
21
;
1,300
160 #
•
oct
NOV
27% Jan
7%
Superior
23% Dec
177/a NOV
25%
& 12%
?
1,200
3,200
7
24%
'
Nov
Va Aug
r,\;
4%
1
preferred
Sterling Aluminum Products
Sterling Brewers Inc
Jan
13
u-
Dec
10
Jan
5
Sep
Dec
83
^;;,4%May
2d
Jun
16%
6
6%
25%
13
19
.
4,400
,35% .40
:;37-. 40
8%
5%
25%
13 y» Mar
y2
3%
40
40"
3.0.0
31,100
■>
110%
22
16
3%
,
24,000
Bros
517%
21
'
3
1,800
8
1st preferred
Jan
23
10
8
9%
6%
Jan
23
9%
170
Nov
15
.
?;
Nov g
Nov
152
9% ;Jan
UllVa Aug
x51% Apr
.
Oct
31 Va
#8 .'-' Aug
(The) Corp voting trust ctfs..l
Sep
14%
110% 110%
May
500
;.
76%
49
#32% Nov
Jan
400
2,600
11%
.1%
Jun
'
14%
1%
118%
Nov
10
6%
112
Nov
Jan
__
—*
B
106% Nov
10%
Jan
30 Va
Steel Co of Canada
Sterchi
Q 38# Sep
29% Mar
9%
j,
Dec
700
21%
1%
■
59
500
#18%
76%
"
1.:
Dec
Jan
31%
1
class
Sterling Engine Co
Sterling Inc
Stetson (J B) Co common
Btinnes
(Hugo) Corp
Stroock (S) & Co common
8ya'May
14
17
Dec
11%
.750
,11%
i
;NOV
15
.
May,
.
134%
6
1
Jan-
-
42%
;.
r;
7.%,;Jany.
,
,.'4
22% Dec
12% Dec
.
Jan
31
—1
Starrett
17%
Mar"
50
150
—-—•
Preferred
Dec
10 ya
33
2%
41%
10
(Ky)
Dec
%
■
1,000
31%
30%
Co—.———2.78
25
Dec
59
——
Inc——————"
Standard Tube
Dec
1,600
50
Standard Silver Lead
2|J Nov
; 1,700.
10%
33
& Bros pfd
Dec
80 %
14%
—
Phosphate Co—
—-10
Line
10
Royalty Co———-B
Dec
46
10,100
Edison—
14'/a
Jan
•
5,600
5%
ei3%
Pipe
(A G)
10%,Jan
7% Jan
7,000
12
5
9%
Line
Pipe
8%
.",96% Nov
:19%
11%
Standard Products Co
y
,
Jan
12
6,400'
27,000
19
57
24%
,
l-fr Jan
15%
„
:
450*
15%
19%
—
110
I
I
,v
15%
--
—•
Standard Power & Light
;Common class B—
Stein f(A)
51
10
Puget Sound Power 8t Light—
Common
Paget Sound Pulp St Timber
Pyle-National Co common
99%
103%
111% 411%
Standard Dredging Corp common—1
$1.60 convertible preferred—.—...20
Standard
7% NOV
12% Jan
3,100
2%
82
of Colorado—
X108
.3,200
X8%x9
•
Standard Cap .& Seal common———1
Convertible preferred
—10
Oct
1st preferred
1% 1st preferred
Dec
46
116 *,
25
.
2
*
Co__,__
Standard Brewing
160% Dec"
'
_,.itiL
Gas
Public Service
'
Oct
Dec
Dec
•
*4% Oct
.
.
.
•21,200
133 Va 139
22%
California
Stahl-Meyer
Dec
"
•
Pa
Spencer Shoe
Dec
Nov
30
Jan
16% Jan
175
12,900
•
Spalding
78% Nov
Jan
'i#;4
2,900
45%
2%
82
Producers
Corp of Nevada
Prosperity Co class B
45%
20%
Oil
Penn
Southern
7y« Nov
64% Jan
14% Mar
840
24%
22%' 27
:
8%
-*
v
common———.28
preferred
#
Nov
150 ■;v; 19
4%.
4%
40
y
15%
—8
3,600
26% 29
8% > 9%
8%
5V4
11
700
31
103:
103%
Ltd
•/ 136
88% Jan
10% Jan
;
1,600
27%
"
.98
700
21,800
*
20%
3%'
27
;
Corp common
Southland
Nov,
87/a
Aircraft
Southern
37%. Jan
20
6% Jan :
96% -Nov: V
1 "
IHI"
Mining
'
g
original preferred
preferred B.
5%% preferred series C
—25
Southern New England Telephone—100
Nov
Co
Inc
Metals
Pressed
27
27%.
'3,0%.
of Canada
Jan
,
8%
,
34 Va Mar
3,700
7
18%
6%
Dec
—.
•
5%
19%
—
"
.
5%
Nov
16%
,
*8% Jan
"8%
#
49
Jan
70Va
•
(Howard) Paper Mills———•
Southern
Sep
16%
'
Jan
2,500
46
~6% "7%
9%
r
20
6%
common
Southwest
Deo
18%
Jan
14%
25%
179
17%
28%
South
Dec
53%
3%: Apr
24
25c
50
2,400
19%v
—.
South Coast
Nov
50
>
Aug
8,800
8,200
73% 75
24%' 28%
10
I
164
.v
Manufacturing Co
Corp—
Boss Manufacturing common..
82% NOV
25% Apr
117
HI
Alexander
46
Jan
3%
110
Solar
Deo
115%
Jan
6%
27%
common
Mining CO
Powdrell
Solar
#?:9% Dec
Jan >
a%
■—■■■■■
Polaris
22
26,600
•
Sep
:5
Sonotone
Nov.
52%
.
Pneumatio Scale
42%
46
-i#:'
121
121
.v;.
2Va
*200
8
3%
Denn Mining
convertible
Smith
Jan
10
:
Jan
7%
46
44
7%
3,400
_
'
Jan ;
"5%
74%
4% ;
43%
7%
25
2,400
.
10% Nov
y
,
"
3%
HH'-'''A-
:v
H..i
Inc
B)
(R
Co
$3
8% Nov.
84
46% Sep
34% Jan
11
16%
"5%
.
4%'
Simplicity Pattern common
1
Singer Manufacturing Co
.—.100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
£1
Sioux City Gas & Elec 7% pfd
100
Dec
31%
U%3an
11,300
29
.7%,
14%
Dec
Jan
8%
Simmons-Boardman Publications—
Nov
>
Mar
18
Pittsburgh & Lake Erie
"II
Pittsburgh Metallurgical
"
Pittsburgh Plate Glass
I"
Pleasant Valley Wine Co._
I__I
Silex
Dec
48%
115% Dec
-
Pioneer Gold
Pitney-Bowes Inc
Jan
;
7%
2%
;
Breweries
Bick's
■
.
Dec
9
5% Mar
preferred——----w—-100
4%
Nov
78%
8% •
25
Sherwin-Williams
27% -Dec
Mar
1.% Jan
.
18%
17
common
•
•
:Jan.y,
,
3,200
50
32
Johnson Ltd Am Shs"
Mines Ltd..
Piper Aircraft Corp com
'
20
Dec";
78
50.
2,100
48
20%
Pinchln
Sep
3% Mar
•16%
Co common
Sentry Safety Control—
Berrlck Corp class B
Dec
05
28 Va
•
2,450
17%
-125
.
w V
Va
52
t
12
5
;•>
3,250
•
Dec
;
.'..-.5%
•:
-
1,100
•
80
49 V®
52
Aug
Dec
9.100
Sentinel Radio Corp common-
Dec
y ; i,460.
r
9
78%
,
Philadelphia Co
83
114% 115
n
Pharls Tire
21%
8
"79:%
20
20,700
"7%
'
23
•
30,700
—
,.4/'v39. -;
,.
: y v;
-
•
,
Mar >
47
>
y--
-2.50
Jan,:
18%-Jah-y
150
;s 8%
83
ilOO
Traffic Co..
Water & Power Co
Penn
:
28%
8
19%
M
comZ Z
Light 4%%
..
40
Pennsylvania Edison Co $5 series
pfd_«
$2.80 series preferred
6 V*
Dec
19% Mar
-v
-
28
.
43 %
Nov
11%
Shawinignn Water St Power
44% Jan
common
r8%
7
•
Sherwin-Williams
33% Jan
4,700
$1.40
preferred A
^nnroad Corp common.
Jan
Mar
;•<
33%
85.50 prior stock.
Allotment certificates.——
Nov #
,
——
Peninsular Telephone
Dec
31%
pfd—
Dec
#:^8%yJan:.y
31%
Patcliogue Plymoutn Mills.
,
30,200
84%
Parkersburg Rig & Reel—
1,700
2,400
Dec
% 10%
,
Selected Industries Inc common..
x23% Jan J #:-;27 ' Dec
i t25«
y,-. 29
.Sep
Oct
5V4 July
15% Dec
s
8%- Jan'
15% July
44,000
12 y8
;
8%
•
NOV
14%
##11%:
100
J.2%
J,700
7%
Dec
11%
20%
Feb
*
Shoe Co
Belby
•104%'July";: #109% NOV '
115% Dec:
107%',Sqp>..
400
>
18%
9%
Dec
Dec
7%
?
6% Mar
18%
8% "
3
Segal Lock & Hardware—
Selberling Rubber common..
'
.
11%
•!
1,900
39%
19% Jun
25%
27
Jan
fvv 2%. Jan
200
May
Dec
;
33
common..—
Convertible stock
^'^r-44% Dec
#42%;-Dec^
175
.
7,700
!7%
6%
7%
Jl
# 44
\•#: 700
*
11%
12%
2.200
20
~
35%
9
—
preferred—
Bcullin
Sep
>
r^V 6 ■.>.Jan ;•
.15
y-6% ;;AugV""*:•'• -:
1,600
27%
American Airways
warrants
Pantepec Oil of Venezuela Am
aha"*
Parker Pen Co
43.
39% 39%.
105% 106%
•
1st preferred
Page-Hersey Tubes
#14 .-4'
42
28
'
900
6%
9%
Be ran ten Spring Brook Water Berwice—
#,20%y##,^00 #^'10%^Jan';#f^24%'-:,Noy
13
pfd.*.
22
11%
—
Elec
Scranton
"Dec,
Bhattuck
n
19% Jun
^ 16 % Aug
26
17%
Seton Leather common
Pacific Can 'Co nammnn
Pacific Gas h Elec 6% 1st
1,000
109
Jan
„5
(D A) common-—
Convertible preferred
Scovill Manufacturing
——~
Dec
47%
.50
.^iiJaar^
j v
550
'X.
19,j
#2% Nov
105% Aug
: 12
Dec
—50
Bchulte
Jun
110%
:
yil5%tO<jt
.
^400
j,
450
11
—....
,
Samson United Corp common—.—
9%
^.1.1.0% July.'. # llTjit
#i5%'yi6%'
t
l
U
23%
A
20
38
e
Ltd
prel—
St Regis Paper common
Salt Dome Oil Co
25%'Nov
y-#;99%..\Apr-
to
•
% Jan
12,400
——2%
Bt Lawrence Cork
."y50"-v:.»Deci
#36%
:.-yy TV*
Dec
,
,
»
Overseas Securltlaa
38%
117.X..
*
Dec
Dec
Nov
25,400 v.#T. 4% vApr#
\ 7% Nov"
:,C^375' t-!22%Jan:.,37
Nov
y20 M ll2%>ug
117% Jan t
118% 118%
,110Vt 111#
42 V 43%
iff
Omar Inc
117
:
ICO
preferred---——————..100
Oklahoma Natural Gas
Oliver United Filters. B
3%
Dec
10%
,
Securities Corp General—
3%
5%
Jan
1.150
6
20
Beeman Bros Inc
Ogden Corp common.
Ohio Brass Co class B
common
Ohio Power AVn% preferred
Jan
3%
Dec
9%
46
47
1,150 "V
34% May
45*''w.,;-48ri,.,:|'-j-r - »6,200 hi -^14% Mar
1
12% 13% ; i 3,900 •' # 6%
Aug
:35ys 39
.y
2,000 yv 26y»,Jan
,
Dec
33%
'
•
22
22%
1
Ryan Aeronautical Co
Ryan 'Consolidated Petroleum..——*
Ryerson St Haynes common—
1
Dec
148
...*
.
,
Russeks Fifth Ave
Nov
4
Mar
125
.
23%
preferred
20
Rotary Electric Steel Co
——10
Royalite Oil Co Ltn
,
'vr #.y;,
Dec
18
'19
Mi %
19%
26
—5
$1.20 convertible
Dec
20%
100
7109 %7
Works
1
300
5% Jan
5,960 y #-ii%. Mar
;
'
—
No«ad<iI.Agwn^-.r;rt»p
g ';%'?%
•
21%
"
-
: 1,300
17,600
•.3,600
105% 106%
19
Dec
30
'
900
104 .104
0
common—-
Metal
Art
Root Petroleum Co
110
—35%..Jan
■
'
S211/2
—
Cable Corp
Ronson
Dec
1%, Jan
100
*8
-
dep rets for ord reg
Rome
Dec
'
17% Aug
£1
119
•;i 19% Mar
.
-r7
___5
•
106%
-5
jart
112iv.
700
:
3%
19%
;-v9%
Dec
r;i3%
100
Roosevelt Field Inc
13
Nov
59% Nov
26%
47%
4%
Dec
2^^3511'
150
50%
.50
;
6-,100
■
Am
Feb
;,114
Feb
40
Apr
32%
•
91%
••.„.6%.Mat1.:.
.
19,500
./r'* ;. • *
Securities.—*
Northern Central :Texas OIL—
110
Dec
Dec
4%
42%
27
'
—1
pfd D
Dec
Jan
50
27 Va
.,;:37%
8%
23%
52
900
56%
iya
Jan
Jan"
Rolls Royce Ltd—
"21% May
X
Jan
29% July
22 Va Jan
925
56%
Roeser St Pendleton Inc
Dec
Nov
,
9,700"
;
Rochester Gas St Elec 6%
Jan
31% Dec
,
^''82yy-Jahiy'
10,000
144M45t
49%i50% y.
«^.«.*-r.-r"50%-
Jan
IIMaiKf; ^l2%-4y£rV
3%
.
22
63%
15%
400
33%
11% Dec
4
-
-
170
4
32
t ■C......1
v
225
39%
8
;
Valley Ga$ Co
22%
3%
4
•
Reliance Electric St Engineering
Rice Stix Dry Goods
Richfield Oil Corp. warrants
Oct
9%
3,100"
•
6% .prior preferred
North American Utility
Reed Roller Bit
Dec
75 y8
Mar
109
30%
•.
•
1
High
Jan
1%
21%
33%
:
Raytheon Manufacturing common—50c
Dec
?48
it.-^3,%'iNqv^
4,100
20
.7%
& Power common..l
f
;
:
;
;19%
r,
.3%
i
,■
preferred
Nov
L
-106% July,
540
#
Jan
;i
13
8%
,
'22%,
•
31-
\
'..V/JiV&'.AUg-"'
••
.-
ll%
-r
# 3%
V;, ff
North. American Rayon class ah
Class B common
i3 convertible preferred
41
136 y
;
2,625'. :'.;.:89%r-jahvt
11 K12%
,
■
19%
,
Dec
30% Nov
89;900'
118% 119%"
-■
r..;:- :.: 114# 115%
#2% # #1% o-2V*'
_i
-■.•;#>
Eleetrle
Dec
94%
Mar
16%
50
-
76%
156
Co
——
'15% Nov
Jan
Power
;
preferred
Radio-Kelth-Orpheum option warrant*.
Railway St Light Securities
'Voting common
10
Railway St Utility Investment A
1
Rath Packing Co. common
10
Raymond Concrete Pile common.
•
Dec
"^30%:'-Apr;>>:
100
111
A 85%
v'9%
optional' warrant*..;
Nineteen Hundred Corp B
-
118%'
iftff
r..
-
m%
.10
\
-
18% .18%
—,}
.
Preferred-1QQ
North Amer Light
"
Low
,
Nov
23
"
200
Range for Year 1945
High
common.
8%
Quebeo
Aug
25
#
Jan
-
x5
700
/ ;
57
j
Niles-Bement-Pond
■:M
113
'-.•'•May2.-*
825
28%
pfd__
NlPleelny' Minee 1
Shares
8% Nov
,
106% Nov-
4,000
57
•
>
-
;
-,:A.l2;..:.Jan >
10
Niagara Share Corp class B com—.5
4 % % convpfd—4
100
Noma
Jun
-May
'1,575':"/:Vi4%" jan :'a
100 : y 20% Jan "
;
2,300 '•'./;"63'j'.Mar'
y y 2% Mar
7,200
;
„
H% 2d ■preferred:'
B
1%
B
800
V.-'
for Week
15% July
4% Dec
Apr ■.?
&.J,
Founders .-jihariM^lLrji'■
Class
11%
100
Sales
Range
of Prices
'
—_1Q
Niagara Hudson Power
■
Jun
.
Shipbuilding Corp—
6%■ «lst
19 Va
40
—
i
Dec
16% Jan
V-
Quaker Oats
Dec
20%
2,900 ::'.y-X';V8%
,31
72%
Merchandise
N Y State Electric St Gas
N
23%
Jan
,
'
N Y ^Auction Co common
N Y City Omnibus
warrants....
N Y & Honduras Rosario
Y
8% Feb
,11
,
Week's
Laat
Friday
,
Exchange
Low
Dec
2,900
' #
Curb
Dec
38,200
New Process Co common-.
N
25%
ft 15%
;
1,700
V 42 •;
31
_
New Mexico Jt Arizona Land
;
15% Jan#
;T1 # Jan v;
300
.
York
Nov
'
England Tel
;i New Idea Inc common
-New Jersey Zino—'—
.
19
'
■
Sale Price
35
93
94%
#1,000 V # 63"; A Jan
200
30% 3121% Jan
128
132
- jfe 230
110% Feb
preferred
New
<
•
%
■S-11% 4 12%
v
High: :
v
19% Aug
7,500.
11*800
1,500
2,400:
22
12%
Power Associates—
t,tow <'*
8501
23V*
2Q%
preferred
$2
40
108% 109%
19%
20%
Nestle Le Mur Co class A
-
Range for Year 1945
;
-
r
1'"
•
New
Shares
14% .14% ;
23
24%
17% .19%
122% 23%
14% 14%
3%'' 4 6%
9%
i'f:
,
,-i
Machinery
1
STOCK S
High
32%
21%
;
..500
common.
National Fuel Gas
National Steel Car
Low
•
for Week
•
of Prices
iy'Z'i'-'"'.
'
■
Sales--:
•i
##'• Range
■
Nov
THE COMMERCIAL &
NEW YORK CURB
EXCHANGE
)
JANUARY 11
4
/ ;
;
RANGE FOR WEEK ENDING
v/STOCKS
New York Curb Exchange
•
Last
1
Week's
•
/
Sales %
for Week
Interest
Par
Jan
Jan
9%
Inc
Tishman Realty &• Construction.
Tobacco & Allied Stocks—
Tobacco
Product Exports
Tobacco Security Trust. Co Ltd—,
,61
ord regis—
dep Tcts
123
111
May
117%
Oct
Jan
4%
NOV
3 %
preferred:
Tonopah Mining of Nevada-
Jan
35%
Corp.
Trans Lux
Oil Co
Tri-Continental warrants—.
7%
Inc
Tung-Sbl Lamp Works
80c convertible preferred—~
17;
Dec/
,
Gas Corp
United
common
Railways
United Light Si
7V« July
29%
,
-•
•—
>vC:
'-4r
■
——
34%
32%
Jan
20
400.
,
,
.-'
Amer
16%
277/s
Dec
'Jan,
48
Dec
86
Feb
100'
Dec
9%
Jan
.
/•
7/;v
.■
Wallpaper, Inc
Oil
Universal Insurance
-
Universal Products Co
—
Utah-Iaano sugar
Light $7 preferred
Utah Power &
stock
—
series
6s
•
fy- 'k\
•
i'hi
^/r-»
<
preferred-
Co
7%
preierred
Bond class A
■/*.
-
•
;
Class B
warrants
Ward Baking Co
Ohio
—100
;
rntum
•
;
;
Utility $0 preferred—
,
Coal A Coke
5
t
Coal
Westmoreland
Inc
Wpvpnberg Shoe Mfg
Whitman (Wm & Co_—L
Wichita
Oil
River
(R
Williams
C»
j
"CorpM
A
25%
22%
"
;
Cn
Portland
13%. Jan
800-.
251%
-
300/
Cement——
22%
19
20%
725
15%
16%
12,800
6
8%
10%
1,900
YY;,5
10
-J. •//
*
17%
.
N //:.
v
: y;
(F W)
American
.
>
6%
Ltd
deposit
preference
Wright
•
-*V":/''1
Woodley Petroleum
Woolworth
■
-
•
/
Jan s//:
Nov
receipts!
0
Oct
8% Aug
/Jan
16% Dec
■/Y:.|%: i m*
Friday
BONDS
Curb
Exchaagt
Period
or
Friday's
5%
fi/
18
103% 105
16
J-D
M-S
3-J
5
Low■
High
Range for
Sold
Year 1945
Low
.
s
3%s
-1930
-1960
3-3
M-S
.1961
3-D
.1970
J-J
s' f deDSi
f
debs-,
Amer' Writing
Appalachian
-
.
;
Paper
Elec
-
L.
6s
Pow
.i.
J-J
_/
»f aebs___:
3%s
105
105
—
Htgh
105 / 109
: -
107
110%;
103%
100
102%
^110% 110%
108
102
—
110%
/
6s
'
'
IO6V2 106%
;
Elec
Associated
-2024
]
4%s
I Associated Gas Si Elec Co
A
Conv
deb
4%9—
A
Conv
deb
4V/aS
124
A-O
—1953
; J-J;
-1948
Hf-S
\
103%
4
124
103
-
'124
104
•
123
.2004
,// 17
Y.93;,.
;
—
1949
J-J
1950
F-A
51%
-
51
52%
•
92%
12
175
53%
V
Conv deb 5s
—
54
Registered
'*
r
29
X- 29
A-O
-
Registered
deb
!——1977
5Jas__.
Assoc T A T aeb 5%s
Atlantic
CY
F-A
—195c
City Elec 3 Vis
M-S
1964
A
M-S
54%
52
54%
Y
54
'//.
54%
53%
54
3
15"
102 Vi
105% 1
109%
104%
J-J.
101
;
104 %
%'
.*'5■
' A-O
103% 105
107% 107%
1st
M
5s
series
,
For
„I
footnotes
see
page
217.
107%
106
f'l
K<i
•4100
105
105%
105
F-A
53%
105 %
108 V4
106%
M -N
110
110%
119Vi 119Va
*2
110
;4
M-N
M-N
104%
109
105 %
107%
100% 103%
J-J
is
9
,
104
76%-'
■
^
107%.
109
109%
101 "
mw
106.
los;
;
107V+
4107
107
63
104% 108
24
3
107% 107 Vi
'
103
.8
..
102 Vi ■'
.
:x -if
110% 110%
110%
F-A
103
4102
J-J
101% 106%
; 105% 105%
MS
3-D
107
104
104
/te¬
105%
12
101% 106%;
151
<167% 187%
167%
109
la
107'/a
3-D ;
165.
6s_
/'
Debenture
6s
-
gold debentures
Power & Light
AStanett Corp inc
A7-4s 2nd
t
105%'
.
;
Toledo
-
F-A
——1957
3%S—
Edison
N J 4s—
United Light A Power Co—
1st lien A cons 5%s
United
Electric
113%
117%
121
Utah Power A
Debenture
4104-107
108% 108%
109%
.105
$ 89%
108
108 Vi
100
105
/
105%
106
1108'A 108 »A
104
-
105
105% 105%
106
V
1940
T
.
54
100% 100%
12
96% 110 iiV
101 Vi 102
15
96Vi
104 Vi
10
96%
110
103%
50
96%
109 %
10
96%
110
58 :-
85
,
30%
58
v
27
57%
104
104
103%
103 %
103Vi 104
"
3-3
..
96%. 110 $
102% 102 Vi
100%
F-A
A-O
,:;i 48
48
110
v
.
—
,-: •
•
.
1940
./•;
1968
46
A-O
2022
A-O
F-A
If-N
4
104% 108% c
6
108% 111
103
107
109%
6
108%
112%
114% 114%
1
114% 116%-
108 Vi
-
6 7.;^
4105%
v
.
48
106
108,,/;/108 //
J-D
:
5
106
J-J;
'
1948
1959
Railways.•<Maine)—
» '•
——1952 >
Light Co-series A
6s
99%-,
101
105% 107%-
16
A-O
F-A.
J-D
/
6s___—1957
1950 /
stamped
—
102%
A-O
...
1951 /
Dec 1 1968
Industries—.//
(Hugoi
96
127
;.90
'
4100
108%
104%
125
v
101
107% 108 Vi
499
.
'A!
—
106%, 110%
4125
-!
103%
104% 107%
10
!V'
May 1948
Debenture
6s
M-N
-
Electric
A
107% 108 Vi
—
V_.
9
107
107
A-O
May 1948
-
'*
8
„
104 Vi 104%
J-D
.1970
stamped
6s
United Light A
68 series A
1
J-D.
.i960
109%
~
87
81
106% 107%
f
3-J
52%
29
105%
5
105
53
106'A
100%
106
'-^F-
.1964
r:Xv
8tlnne8
53%
99
.;
37
2957
series B.
C
Vv
F-A
61
1
¥107% ion*/*?
"107% 107%>//
* V
*
58%
1
yv>/A-0'
40%
30 %
<•:
Bell Telephone of Canada—
5s
1101%
101%
J-J
,
52
29
Z
90
54
105
105%
104% 105
3
52%
102%
29%
1
-
108%-.
101%
12
102% 105
'
5s__*
Stinnes (Hugo) Corp—
A7-43 3d stamped-^-.
ACerttficates of deposit
129%
38
78
54
50T8
54
ADeoeticure. 5s
; r AConv
51%
•50%
100%
105%
4103V4
i
.———.1989
(A G)
"
r A
100
88
85
100
88%
12
.1971
.
.52%
.53%
99%
-
>11
88
15
.1968
j;.
/
107% 110%
?
17
99%
;
117
102'A
,1948
(stamped 1.——
Conv
111%:;
,
-
—
99
108%
110
'p.
75
10O
»
-98%
•
1
1952
Standard
Appalachian Pow deb 3s
99
Electric—
5s
H'iZ'i*:''.••• •>':■..>/ /v..>■ '. •
101% 104
4101% 103
'
/; '/•*;i;/. ;/
108%/
106% 106%
:Y:,:
.1972
Standard Gas A
:
.1970
2%s
3%s
105 ^
M-N
Y
.19b4
Harbor Water 4%s
8palding
American Gas A Electric Co.—
-
*
99%
•/■ 78
''64
106
1
109%
4103
'
v
101% 104%
-
5
'*'•
—.1979
3-D
-1952 ■;...* Jf-8
1951
J-D
Scullin Steel lnc mtge 3s
1951 '-/'//A-O
Southern Cahforma Edison 3s_—-1965 /• •
M-S
Southern California Gas 3%s
1970 / - A-O
Southern Counties Gas (Calif)—
•' ;/
1st nitge 3s
.1971
J-J
Southern Indiana Rys 4s
1951
F-A
Southwestern Gas Si Elec 3%s_
1970
F-A
Oct
Bonds
fjtoM
71%
61
105% 107%
54
4112% 113
•—
M-S
»
-
4107% 108% 1 '
■106% 106%
MS
^
118
70%
70%
A-O
.1948
Joaquin Lt Si Pwr 6s
ASchulre Real Estate 6s
5% Nov
Jan
Bid <Ss Asked
Sale Price
112
4109
110
105% 106
.1962
Ban
*
Week's Range
Last
Interest
3
23,400
120
3-3
12% Feb
5%-Oct
105%
4115
,1948
r
Queens Borough- Gas &
,5%s .series
Dec
22%
Safe
_^:'Y///
107%
Dec
10%
11
—
New York
22% Dec
163/8
v
81/2 Mar
•
4,600
13%
12
13%
2,000-
y.
Jan
:
Hargreaves Lr.d
<>4
s
17'/2
16
29% Dec
23
Jan
11%
'
Woodall Industries Inc
y
Y 13% Jan y/v P
22
15%
Winnipeg Elec common B
Wolverine
25
.
19%
"
Products Inc
Willson
106% 197
4104% 108
Elec Power 5 %s——
Coke Co—
1950
5s stamped extended
.1959
Power Corp (Can) 4Vis B
Public Service Co of Colorado—
.1964
1st mtge 3 Vis
.1949
Sinking fund deb 4s_—
Public Service of New Jersey—
••
6% /perpetual certificates-.
j
~
105
115%
.
M-S
Portland Gas 61
jq
37
52%
F-A
98%
71
1
;
62
108
98%
52%
A-O
Power 3 Vis-
v
103
104
96%
99%
Philadelphia
op
:
•*; w ', * if 7
63
97
16
96%
99%
—•
Maryland Ry t% i3t pfd—100
Stationery com—
•
Westmoreland
&
31
'/
.
3-D
1955
Light 5s
.1964
1st mtge 3s
.1977
Penn Central Lt Si Pwr 4%s_:—.—
Tablet &
Western
50
J-J
60
37
5
49
52%
3-3
60
63
3
48%
100% 101%
100%
3-3
,
37
80
*
Park Lexington
Water
4
; 47%
50
&
Power
Pacific
63
49
■'
i:'
•
.1979
Western
ipkS;
/•
62
28%
'
.105*
;■-v.v.-
Pennsylvania
West Va
-
3-3
M-N
3s^«,. .
-
—
.1,25
Wentworth Manufacturing
West Texas
-r
30
./31
J-D
Service. 4s
Oklahoma Power At Water
Knitting Mills.
Wayne
"
:
106
2
'
U-N
Public
109
t
50
43
.1961 •>
1st mtge 3%s.
Power
1st, mtge.
Ohio
;
102% 105
'
I,
Waitt &
103%
107% 1071%
■
v'—L
W„w.
.1948
/
102% 105%"
102% 104;
50
--
50
3-D
1947
(part paid)
~
105% 105%
105%
.1950
A5%s series A
104% 106
—
>' 103%
-
M-N
.1948 -
Gas 3%s
N Y & Westchester Lt« 4s—w—
North Continental Utility Corp—
1043i 106%
—
103 % 104
F-A
1 i' y,
5s
Gas
El Assn 5s
If f State Elec Si
WagDer Baking voting trust ctfs ext—•
•-
J-J
.2022
5s
deb
Conv
^ Li v f''yh
-ii-< K-
Eng Gas Si
New
Petroleum
Aircraft
4105%
Jf-3
..1963
•
Amsterdam
New
Manufacturing
Waco
A-O
.1948
•
Power:-;4VaS'iu———
Nebraska"
,•
Yatepar Corp' common.
nonvertiole
77%
4106
'rfr'' V?.
England Power 3Vis
New England Power Assn 5s
Debenture 5Vis
$4
67
A-O
.
:
Vogt.
92
I-
107% 108*
3-3
New
Venezuelan
4105% 107 :
4101%
3-3
;
Extended at 4% to_..r~n..~-MM
.1967
Milwaukee Gas Light 4%s
.1981
—10c
—
1
Utility Equities common$5.50 priority
3-D
3-D
'
stamped—*—
Midland Valley RR-*
.
108
102%
«s
& Lt 3%s
McCord Corp 6s
58
.45
»_
107%
Electric Power 3%8-i..-.—.1966
& Electric 6s
2022
Kansas Power & Light 3Vis—
1969
Kentucky Utilities 4s
1970
-■
103% 107
104%
Kansas Gas
50c
2
10
10
_•
8
•
90
77
89
105 Vs
Kansas
*
Rubber Reclaiming
50%
105% 107%,
"124% 128%
106%
460%
80%
4107% 107%
J-J
1958
1; v
-
63%
97
'
J-D
AXtallan Superpower
Jersey Cent Pow
—•$
common!-..—.—/——.l ■/
Universal Consolidated
488%
106
106%
A-O
E—————1957
A7s (Aug 1941 coupon)
1957
A 7s
series F———————1952
A7s (July 1941 coupon)
1952
Interstate Power 53i~——————1957
Debenture
6s--—-————a—-.1952
•
United Stores common
United
M-8
series
-
,
33
156
44;"'';'
.4105
106%
$128%
3-3
1941 coup)——1955
(Dec 1
A6%s
.
^—3 /
."r
'
•
120% 128
77%
40%
44
.
International Securities
preferred with warrants
76%
77%,
MS
U——1955
scries
A6%s
J-1...
A 7s
Graphite common
S
-
103% 106%
t-'Y/v'*125 7:1125'-"
MS
Indianapolis P St L 3*48.-.—.... .,1970
^International Power Sec—; <• „.»
'
25
47
•
106
'uioo
Dec
14 V2 Mar
27,100
28%
26
14*4 47
United Specialties common———————1/
U S Foil Co class B
—
3.":
U
105%
,
/
-^
j
a-o:
y->y,
B
1957
5$
1950
5s—1963
1st hen &
.
_10<J
United
250
10%
preferred-——————i«.10:
United Shoe Machinery common
25
Preferred
25
U S Radiator
109 % v
103%
A—
Jan 1949
B—JftB - 1949
Service
ref
Indiana
Dec
Co Ltd—
regis—
Canal
Profit Sharing
$5 1st
106
24
Power Co-—
1st & ref 5 Vis series
.
Dec
38
7.300
16
15
15%
27%
•
Illinois
dep rets ord
U 8 and
t23
/'•—
J-J
1953
West 6s
v
•
series
6s
Dec
Dec
United NJ RR &
U S
108%* 108»2
4107% 108%
108%
J-D
<
Hygrade Food 6s ser
Feb
/, ■Y 1V'4
36%
-/■
3/64 Apr f
45,300
1%
1
1%
v
25%
30%
9% Mar
22
-Feb
.
\
Dec
8%
71
Jun ;;;;■:/
59
25,600
I'
'
United Molasses
•'
107
110
A—————1969
A
1948
3%s
Quantanamo&
Dec
10%
•,
6 % Aug
700
63
25
28
preferred.—.*
$3 participating
;
104%
106%
1993
Prod 6s
Grocery Store
Dec
.
40
611
Feb
.
*
•Y8YY:
7%
8
__
"
United Milk Products
!
10
West 4s__
1950
Green Mountain; Pow 3%——-——1963
Dec
16
r
Y-4//' ;
2% Jan
..AVi.Mar;,;::, 13%
3,200
11 y8
10%
—L -V
: 9'
AGeneral Rayon Co 6s ser
^.
i
5,100
12%
11
11 Va
2,700
;1
106
105%
105% 106%
Fuel 3%s
1965
RR bs>
19oo
Residential Mtge Bank—
stamped
—1961"
6s.
103
•194
105% 106 %
Finland
''4'
5% Mar.
3,500
.
3%
3%
11%
*
10
7
United Elastic Corp
13%
13
3%
Corp
10a
Unexcelled Manufacturing Co
10
Union Gas of Canada—
•
Union Investment Co
*
Union Stk Yds of Omaha
100
United Aircraft Products
1
United Chemicals common—.•
United corp warrants.———^—..—
Realization
Ulen
'V."X
103%
106 "106
106%
Grand Trunk
13%
Corp^.——1/
Ddylite
•
3
,
106
Water Lt &
Elmira
Gafcineau Power
U
70
103 % 104 %
Eastern Gas &
Dec
Dec
16
12 Vi Mar
65%
dzLWestern BR-r;
1st mtge 4s ser A—-—
y/!a. ist' mtge 4a jser'
Dec
13%
Jan
88
132
*68%"
67
,
104%
J Division-^ ;
Lackawanna of N
67%
3-D
:
-1954
Delaware Lackawanna
Dec
4%
•
59
A-O
.1976
g:;/
5S% May
I,". Jan/
■I;i2/i'" Apr/
Traoswestern
Trunz
V 8
Jan
87%-
155
A-O
.1969
4%s
Gen mtge
Nov
7%
105%;
.•58%
F-A
(Bait City)-)—
Consolidated Gas
Nov
116
preferred.
Edison 6%
Toledo
Dec
Sep
/
115
48
82
'84
81
82
,
MS
.«
.1971:
ser:P
2%s aer Q
ref mtge 3s
1st ref mtge
Nov
Jun
71 Vi
1966
series N
3%s
,
1st
3%
paid)
(Baltj
El Lt St Pi
Gas
Consol
Dec'
107% Mar
Todu ShipyarQd - C'orp—
MS
Debenture
Nov
8%
14%
12% Mar
lVe
Dec
v
•
M-S
.1927
81
82%
,
183
110%
102%
41
.105% 106SYY
7/;,; wi.
/,
.1954;
bs-^..
.1950
.Conv
deb/ 5s.—-—.-a1958
Debenture
6s
*
.1969
5l
Nov
76
Jan
J-J
ihtxes /Service
Nov
17%
•
Jan
.'/' 3%
'dep recs def refc_i
Amer
44
Apr
Electric
8s ctfs (part
S A Chicago Rys
Dec
18%
Jan
7%
r
Oct-
10%
Jan
26
Inc
Snovtl Co common———
;
.1948
170
;
Dec
25 Vi Nov
13% Sep
Tilo Roofing
Amer
:i
/ 6%
A Land
Textron
rhew
30
Sep
J-D
1945
\
*
115
4:113
A-O
.1970
2%s
| & Central States
/ Dec
122
115 Vi
Light 7 °/» pfdi.—
Co
Power Si
■
19 Vi Aug
Tampa- Electric Co common——..
Technicolor Inc common—i———
Texon Oil
36
27%
Taggan Corp common.
Texas
11%
Edison
Boston
Dec
Jan"
.
Q-F
.1962
a.:
Y Year
Sold
Low
•'
Blckford's Inc G%s
Range for
Bonds
Friday's
or
Bid <& Asked
High
"
1, .\Jx $>'"*•
sv-'"'
Low
.1998
Bethlehem Steel 6s
5%
dale Price
^
High
Low
Last
Period
/-
■
Range for Tear 1945
//;/;///./
High
low
:
Curb Exchange
York
New
Shares
of Prices
Sale Price ;
-
..
Range -
■
s
b o .n n
.
Friday
.
Monday, January 14, 1946
FINANCIAL CHRONICLE /if
t
Volume
163
Number 4455
'
THE COMMERCIAL & FINANCIAL
NEW YORK CURB
EXCHANGE
RANGE FOR WEEK ENDING
BONDS
.
New
York
Curb
'/ft/ft/V
Exchange
Friday
Interest
•.,:./• or Friday's
Sale Price
-
a 5b
income
Wash
Water
West
Penn
West
;; Low
107% 107%
5a
106
109
105%
123% 123%
100
5s
.
,v>Interest reduced to
AMeoelhn
:
101%
of Bogota-—
May 1927)
(issue of Oct. 1927)
Period
Sale
AParana
Low
-Range Since
January!
Sold
High
JVo.
Low
_
Agricultural Mortgage Bank (Col)
A 20-year - 7a—
;
April
/;. A20-year
Bogota
ACauca
-
,
■
"
to
'
-
$33
'
'
—
f50
!
A5%B
:
95
1959
J-J
f
J:'-
■
~
' ;
,
J-J
•
'
—
95
:
3734
J
11%
■
145
12%
'
.'-•
■
n
;53% :
-
48
Danish
^
•
5%8—
M-N
-1'
,.1952
x'
J-J
95
94
94
2
27
»\V; ZiW1
££ ■-:■
"
.
95
94
rr%-
F*A
123%
76
95
19
37
5-:
.
*«i
ft':
21%
'
v
,
-
eala.
-
being transacted during current week, '
;
a Bonds
being traded flat.
«
1
<
^Reported In receivership
dEx liquidating cash dividend of
$22.50, plus stock distribution.
: ;
Abbreviations used above-—"coa," certmcutes of
deposit, 'Cons," consolidated; "mm,'* cumula¬
tive; "conv," convertible; "M,"
mortgage; "n-v," non-voting stock; "vtc,"
voting truet certlflcatee)
! 4'w;V£when Issued! Vw w," with
warrants; "x w," without warrants.
96
;■•.
80
5%
.
22
Under-the-rule
^
Extended 5s————
Danzig Port & Waterways—
A External 6%s stamped—
37%
'
'
1
v 32%::
■
45%
36%
r,
Odd-lot saia.
e
22
":;s8%- 47%
•/4 -JV*
38
-?"ll:
•
d Ex-interest,
47%
51%
'-0
- 1 75
-
i::'y
—
t37
•.•
J-J
•
9-
-
__
.
''
•-
•
1
45
.
.
—
[J-D••■ .:11%;
1921
36%
46%
95
J37
„
—
-
"
;
•
..M-S
Deferred delivery- sale.
Cash sale,
xEx-dlvldend.
IFrlday's bid and asked prices; no sales
;32
*
25
^
^
2008
a
45%
f
.
V"'
'
^
—'
A
—
•No par value,
1
28
38%
*
•>
CZ
*
"
1
J50
J-D
M-S
*
High
■
' ic%
:
'J
•
35%
J19%
1972
2%s
3
^
>
-
J-D
,
:.'•. :
* '",l^
1958
de Janeiro 6%8——£
Stamped pursuant to Plan A
;
Mortgage Bank of V
Valley 7s—
.
A-0
V
%
21
Low
ft:ft. ft ft
■'
.
Jar
(see 1
v
21%
1$36
"*3f-N
1947
Interest reduced to 2%-—.2012
ARusman Government 6%s———19lk-
High
?£.
No.
ft
".'
'
Range Since
January!
Sold
High
'
-
»
>
1931
7s
.'
\J-D
-1
Bonds
Bid & Asked
^
,
^
M-N
•
£1947
ARio
Bid & Asked
.ft
(State)
Interest reduced
•■
Price
or Friday's
—
M-N
.
1851
-
Stamped pursuant to Plan
fJ
Friday's / :• Bonds-:
or
,
M-S
.
stamped-——.
ussue of
A7s
•
v..
Week's Range
,
,
7s
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
Foreign Governments & Municipalities
Friday
Week's Range
'•/" <"7"-ft- '
:r ft:
-
2%si.—2008 :
Mortgage Bank
:
/ Last '
7;"
:''■■
;AMaranho 7a—A_-;--.i-^.^.i958
: : Stamped pursuant, to Plan
A
'
A7s
Interest
ft "•ft
101%
;
99
r
BONDS iv-'-';
New York Curb Exchangs
'
:
6%s stamped. 1958
%
105%
99
.
A Stamped
'ft
ALima City (Peru)
116^'J20W
Newspaper Union—
Friday
Sale Price
Low
110
conv s f debentures.———
IA York Rye Co 5s sipd
Period
v
'84::
108
'0.6a
v.v
Interest^:%Last
High
S3y4
/108%
'
Exchange
1
::
81
77%
,
i
5s
Traction
January 1
High
Curb
'■/
f'
d-ebs———.
Power 3%s
Electric
Penn
Western
'•
<
PONDSi*
,-•7//./ New York
Banfe 8inee
-
Bid & Asked
Low
Waldorf-Astoria Hotel—
JANUARY H
Week's Banc*
Last
Period
■
CHRONICLE
'!?•
>
<
.
XXl'
OTHER STOCK EXCHANGES
\
RANGE FOR WEEK ENDING JANUARY 11
'•/■>
Friday
Sales
Range
Shares
Low
Bait Transit Co
:•
common
t
c—
5%
5
ft
32,
com vtc—.
16%
v
Preferred v
Eastern
■,;v,
—
Sugars Assoc
low
27
'
1,288
5%
32
16%
'
17%
.
17
North
Water
Fidelity
8
18%
•
Oil
Jan
910
141
4
101
101%
58%
90
25
•
Apr
,
Last
36
25c
Jun"
Jan
%
38
Reece
5
...
U
Range
American
Woolen
—lou
42%
52%
80
165
188% 193%
192%
40%
Anaconda Copper
50
—
2,080
•
31%
41%
46%
415
ft
Bigelow-Sanford Carpet 6^ pfd
100
Bird ss son Inc^
Boston & Albany RR—-—
—100
,140%
Herald
Traveler. Corp
-
46
81%
•
Hole
-
prior preferretL—.100
..»6r/o preferred stamped.——
100
5% class A let preferred—.—..100
80%
Stamped
B%
82
1st preferred—i-_
Stamped
...
Boston, Personal, Prop.
TrUst_4—£.^*'
Boston & Providence RR—
100
.
,
21%
1.
58
Shares Trust
Century
Cities 8ervice
Eastern
——
! ,4% %
Shoe Mach
S
6%^
6%
-
pfd
£
—
Employers Group Assoc—
Public
Engineers
First
National
General
.
•.
—
Co
*
*■
'
4
*
%
*
Class:
Isle
Bakeries
B
Royale
'
class
—
•
f
A
...
225.
X:
:
78%
:
•,
47% Jan
'
& Co
13
►
■
3y«
--
*
-
-
50%
37%
..Vt-ft ft
i
Dec
30
Jan
14 Va Mar
«-
v
Nov
•
39%
Jan
NOV
28%
Dec
120 Ve
Oct
•
Mar
83
;
Nov
v■
45
July
i
50 ' Apr
:.51% Jan % ft; 73% Oct
59% July. - /ft 76% Nov
130
200
] 2 V3 July
18 % Oct
24 Vs
.
73% July ft::
;
.
■
i j
ft/ , 42%. Dec
Jan
15%
90
Mar
148 Ve
Dec
13%. Jan-,.: /; 20 %
••
,
.1190
Dec
.,36
746
.
May
Dec
72
18%
49%
.
Jan:
% 52
'•38
31% July
ft
ft. NOV
May
ft.
■
42
Seellg- class A "common
Co
11
f%
3%
20
>
6% Dec
100
Nov
78%
Nov
Bruce
14%
Jan
Castle «fe Co
12
21
Dec
38
51
Dec
May;
May '
31% Jan!
445
-42Dec
Central
36%
Central
'
5
16 k
194
Jan
Dec
~
10
•'{
13
2
3%
V
'
V
,
' "rv"- 'l40:-:
"
1110
'225
(A M) common—
Illinois Pub Serv $6 pfd
111
42%
Jan/
59%
Oct
Central S
Feb
49%
Sep
Prior
14
Mar
■18
13% Mar
Oct
26%
Dec
'
60c
1%
JUly < '
>15
'
Nov
Cherry
3%
Nov
uoicago
Y3%
Dec
"
July
Jan
:
Util
50o
*
—-
1'.
Co
Burrell
Corp
Convertible
Pr
&
Lt
•
pfd
"4%."
32%
21
—
10
8sa
61%
Dec
Nov
35%
Nov
;;
Dec
Dec
24
Jan
23% Jan
/•;f;
1,000 ;V
;.
v
22
Jan/
Jan
'
Dec
• ;
55'
-Nov
33% Aug
;■11 % Nov
:
48 Va
Nov
//11% Dec
0' i.'" >jV
13%
250
ft,-53
7/
/
Jan
Apr
6%. .Jan
550 ft"
..•■'
27%
35
i.
Dec
Nov
160
>;
;
99 V4
Jan
112%
100
%
Jan
6%
Jan
22
Dec
n
Jan
12
Dec
14
50
2,100
'20*
"
1,160
10
300
21% ;
650
10%--
Dec
31%
5%
>
Oct
Oct
23%
xl7Ve
; 32%
•ft
61
ft-15%
i
Mar
150
5
63%
27
Jan
37
32%
-
21
ft'-: 36
16% Dec
N
1,050
16
30
21%
1
;
27V4
21
21 *
11%
•10% 11%
—
;■-; 117
117,,
184% T, 184% 185 :9
16
Dec
Dec
18% Feb
1,000
ft
23
21
'
8%
.10%
Jan
100
.
10%
.
"7%
100;
ft-':
12%
—5
common
preferred
493 4
44^
*
;
common
100
77
32
33%
,
ft-' -:
"10% Mar
300
112% 113
4%
—•
common
Corp
35%
112%
Jan
"48%
:
"
common
preferred
States
Belt
,
"
650-
1,700
32
9%
25%
Corp common
1 >
preferred— i__
—y:
Preferred
Central
Chain
4 6%
W
lien
200
•
1,550
53
;;;-27%
3
'
32%
"22 V4
*
Secur
Convertible
37%
.
1,312
10
—
Dec
Jan -V
15%
22%
Dec
Dec
.;
Apr
Jan
12
_-10
—
■
15
17%
7% Jan
16%
42 Va
i5r
—
NOV
Nov
26
56%
30%
id%
1
12%
J—
Dec
/ Feb
6V2
250
-
22
-
Nov
54%
'
•49Va
'
58:
28%
450
•20%
;
Dec
;
#
16
'-14%
1
Burd Piston Ring common—
—
Burton-Dixie Corp
i-_—
Butler Brothers
i
Dec
..
21'%
Jan
35% ft;-
23%
56
'15%'"
ft
2,150
Z
Dec
20%
Jan
6,200; * V/5% Jan
-
Oct
12%
.
Mar
26%
734%
—
56
-
w*-'
Feb
,
'
35%
•
6%
1%
300
53
Dec
30
21%
53
—I
i-j.
common—
19%
"
'
•17
'
850
8%
5
Dec
(E l)
10%
Aug
/' 196 •:
300
7,650
16% ,17:
■
Co
7%
9%
14
135
2,300
16%Vft'
Deo
21%
158%- Jan
:
10
100
5% ''
•'"'
•
.
16% Feb
.29 '
Feb
1
39% Jam ;
113"
Oct- /
'
8
■
7%
100
14
16
High
,
10% ftJan.
7V4 V Jan
.
•
200
.
27%
27%
5%
/.
17
109
8%
51%
56
•12%
:
2,100 /
131•
10
Borg-Warner Corp common
{Brach- & 8on6 (E J) capital
Brown Fence & Wire class A—
•
51%
53%
ft/ft
.10%
Brewing Corp
——..——I "
Mfg Co capital1
Laughlin Inc common-.—5
Common
1,550
Low ^1
3,900
"
192% 192%
5%
*
—.—410
Corp—
;
16%
&
(George W)
11%
21
131
13%
>
-
700
11
!!
Aviation; Corp common—5
109%
25%3v&475
i
*
common
11%
20
*.
^
^
.
Jan»;
33%
11%
;
20%
Range for Year 1945
High
18
'
5
Jun
3,400
Low
131
4
July
48%
.
Shares
;
-.1,
3
145
,
Feb,
Sale*
for Week
——1
71
390
Week's
Range
—.5
common
96
59
.
5
Nov
.
of Prices
-*
136
58
;&23%
—i_
\ '180
'145:.
46%
20 *
j
.v.'L
'
.42%' Jan
25
55%
25%
154
18%
,10
common.
Mfg Co common.—!^
Binks
'.v-v.*.V
;•
15
page
Corp
Mfg: Co_,
Bliss
50
40%
.
.
Dec
4%
47
47%
Nov
97c
75%
■
180
76%
Dec
136
,
/
.1 an
XX12%.
647 i
130
71%
77%
•
Jan
46 %
195.
."Last
Beruhoff
79%
23%
^ ■
Jan
Jan
30c
.487
47%
65%
;
18%
-
L,
yy 3JA Aug %
•ft.-;" 1% Aug.,:.'
294
/
71%
,
Friday
Belden
140
200..
22%
59
.
Sale Price
.
Bastian-Blessmg
25
.
33
,
Dec
ft/1% Nov
VA- Feb X
300^ : 14% Apr";
~ 883
10%,Jan
135
35% July
40
35'
Pub Service 'pfd-—--'
100 :;
Tel &-Tel Co capital——100
Barlow &
100
31%
—
—
22%
50
Washer common————-h-8
Aviation Corp (Delaware)—
—3
115
23%
>
-
•
•
—
Copper.
For footnotes see
9
30%
119% 121
£—*
,
Hathaway
.
*
152
ft
——
Automatic
99
ilt:,57
„♦
-c
76%
—100
-
—
,90"
2
Service—33%
Gillette Safety Razor Co
.
»
Nov
H.-255/8
•'■.•;•;! 571
42
38%
i,
;■
—50
Bendix
32
Stores—*
Electric
Gilchrist
'
Inc-common^—*
preferred-;
conv
.v
Products
Armour
540
,.
' <*7%' "7%
108
110
.
,
adjustment——I—100
Eastern- S3 Lines
$2
7%,
__
NOV
17
;ftk 38% Mar
lOO:
2%
25% 26 Vs
110% 115%
•#..79:%' 83%
83
„
com—
Aro Equipment Corp common
Asbestoq Mfg Co common
Athey Products capital
99
,
42
623
17%
ft
41%
26%
;
1—25
common
0r:':'
American
78%
__100
86 Va
$
:
Jan
109%
1,512.
16%
2%
115
STOCKS—
American
65
(5%
__
Jun
Chicago Stock Exchange
.
;
28%
-
!
•
—
Borg
prior preferred ;———100
preferred class B—
'5?o
58
,
2;
preferred.i.100
!
17%
21 y
40
5
:
Smelting Ref & Uin
Allis Chalmers:
Associates—
Eastern Mass Street Ry common—100
6%
1st preferred ; series ;A£—_—100
2%
Drill-
-
166
37.91 37.91
Common
.
62
July
Xv 30c
50
;
4
-17%
42
1
105
8%
-
,
__
3Va
16 Va
.22%
preferred
Allied
215
■
Co.£^.—-i—^—.—25:
Gas & Fuel
18
17
56
37.91
10
3%
;■■
|
Corp common—£——.—1
20 •
Advanced Alum Castings—.5
^0
Aetna Ball Bearinfv/commott!!£.-:i.£-£^* ;
11%
Allied Laboratories
common—20%
215
21%.
191/4- 19%-
•
45%
:
15%
22c
623
..
74%
-•ft»,
;:
:
;
340
73%
'
:
■
335
4,472
.
42%
Admiral
1,455
40'
20
:■■».
9
—1
—
£
"
Apr
>.,100
90c
.'"5% :'''A."'.;
p|§gr$
242
17
20%
r
cfVftft''".-..!:;,-ft.
■ j'v
ft■•■■ ■'
Calumet & Hecla......—.—..—5
Cliff Mining
lo%..
173A,„
20 '
'
3%
ma.
Drug 'Inc_.„_
Dec
1,371
16
100
100-
31%
55
17
17%
—100
..Stamped-
Dec
Jun
"ft V.
7%. Jan
.
3,259
131%
75C
74%
WebstervInci*...—
49% Noy
285
,
82
17
100 '
—
Jan
J,::.
10%
<15%
15%
:
100
'7%rclas8C 1st pfd'stamped!
10% class D 1st pfd.
,
82
42
78
10%
100
class B
-
45%
25
—
Nov
Jan
9%
29
196%
2,141
\
7%
64 Va
.1,980
76
128
81c
—.50
Mach
■
6
49 %
41%
__
Boston' &" Maine
-'
••
Jan
'ftj.
131%
=»
59% Dec
277
48%
~:75-
r'ft 41 Va
.12%
*
'
76
2,50
42% Dec
41% Aug
1561a Jan
90S
137% 140%
,
29% July
ft
148% 148%
23% 24
24
Boston Edison
25
Boston Elevated Ry———100
Boston
'
,
——t
••
..
5
Dec
12 Va
Range for Year 1945
"~*"Lou;",High
418
43%
__
''
m
■M
"
'. ft:
Shares
50%
—
25%
275
High
51
ft ft ft;
for Week
-41%
Tel
&
^y.''
X:
Jan
Sales
.V;;SfifSSlf'■.:
Co
*
Tel
23%
..
Westinghouse: Electric Corp^£.£— -12%
Exchange
of Prices
Sugar Refining—..———100
23
.1%
—100
& Mass Ry Co
Waldorf System :lnc—
Warren (S D) Co-—-
American
12%
76
■y 35%
f:?! 25 ft" ;•/!>'V.'6% 'Jan/;
.439
5% Jan
11%
55
Elec Assn—
Vermont
American
607
■
..
6ci>
com
25%
1
.j.
Cos——:
U S Robber —J
American Agri Chem
LOW'
51%
52:
'
Range for Year 1945
High
17
'''
v.,
*
Shares
74%
'••
22%
.—.i
Twist
United
-
—-l
Torrington Co
^XVe-,,Nov
United
Last
Low
••48%'
.74%
United,; Fruit-. Co..—
Sale Price
V'u.
-u-■
11%
r———
Mining
Button
Stone to
A--——i———
Mt Vernon Woodbury Mills—
1 ; 4 jo
deb (subordinated
STOCKS—
'ft.ft;
for Week
11%
Reece Folding Machine
Shawmut Association
Oct
series
Week's
hr
■
•
Service
Butte
Union
Friday:
"v. >*>'?*is,
common.
Pacific Mills
■' '48% Dec
Mar
RR
Pennsylvania j RR"———
Quincy Mining Co
Dec
80 %
,.'...:H--«k38,% ^ Jan..?:,,
Boston Stock
Sales
Range :
of Prices
Par
.
Old Coionv RR——
1.00 Dec
-,
V'
•
"
Week's
::
5% c/o
North
Baltimore Transit Co 48-^^4*—*
5s
'
Friday
preferred. ——'U-,u..- T'$: *
New England Tel & Tel
;
—100
.
Bond*—»
*■'"
.
New England' Gas &
17% Dec
Mar
Central
National
Dec
99% Dec
,,
63
•'
407
Western National Bank—.
Wj r'ir
v
1/
' ' /' \
w '
fyfy*
'•
,
"
:
T
'.
'
| 142%
„
26
150
;—,
.."■'.
:.
Nash-Kelvinator
Dec
30
Nov
87% Feb
Noy.
g.
375
common.
'.'.V
Narragansett' Rao'g Assn Inc—!— —i:
168% Dec
25% Dec
' 13%
6
Co—1—i—
Power
&
& Guar—
.
,
.
ft'!* ;
■■',
.
Jun
40% Nov
19 / Noy
Jan
46
1,013
Casualty—;—
American
Penna
U
:./ft'
Amsterdam
New
155
141
prior jpfd—.
cum
;
.
.
Mergenthaler. Linotype
„
ft/? Preferred
ft
■'
ft
.V
sX 5^0 :preferred"
Dec
.
7
Jan
62
common
6.75%
/'V//:
8
29%
Apr
Feb
46
.
Vernon-Woodbury Mills—:
20-
2,325
^i^.yyyyyyyyy^:;;--.
New
ft:
Maine
High
Jan
.
2.75
42
Fidelity & Deposit Co
Fidelity & Guar Fhe Corp-2—»
Houston Oil of Texas 6% pfd v
Mt
.16
330
,
-
Copper
Lamson Corp (Del> common.——
Range for Year 1945
High
25
■
-
Kennecott
for Week
of Prices
27
ft',
STOCKS**
?ft.
ft
Week's
Last
Arundel Corporation
; ;J.*v'
Sale Price
Exchange
$ale Price
I
■
_.
'
Baltimore Stock
39,650
>>
950
-
ft
;
-
111%
"82%
«V»
"•
7%
53
Dec
Sep
131
Jan
Jan
190
Dec
JanM
.21% Mar
W.16
Nov
Jan
Jan
Jan
20%
Apr
33
Nov
21% "Dec
9%
,64
Fen
Oct
s
218
I Monday, January 14, 1946
CHRONICLE
THE COMMERCIAL & FINANCIAL
...
OTHER STOCK EXCHANGES
RANGE FOR WEEK
Bangs
:/•, Last
High
Low
Vtc
for
for
57c
72
Service Co
Cities
Uten Co com
Coleman
(The) Co Inc—
Commonwealth Edison common—
Consolidated Biscuit common
i
Club Aluminum
Rights
Dock
Corp common.
Motors Corp common
Finance
General
Refrigerator Co
Gibson
Bros
Goldblatt
'
*
Razor common—
Inc common.
—
Safety
Gillette
Gossard
(H W)
Co
common
common
Great Lakes D dp D common—;—
35%
25
Hibb
Inc
Horders
(Geo)
dc Co
Hdrmel
Houaaille-Hershey
preferred
$7
Kaiz
La
Leath
1854 Jan
654
5,900
23%
15%;
Co
Field
// 754- Aug
250
1354
300
13%
12%
13%
24%
25%
18%
20%
22
23%
750
Jan:
2354
200
1154
Apr
21
22%
580
40%
24y»
9%.
4052
2054.
2,600
41%
417/s.
100
33
35%
400
13-
15
350
590
6%
19»/4
3854
National
Pressure
American -Car
North
Illinois
Northern
Util 7%
Nor West
Nunn Busk Shoe
Oak
Mfg
Pkrker
Gas
Co
Pen
&
preferred
17 Va
Nov
18
Dec
Jan
50
Dec
Jan
•
754
Class B—^
U S
—
Playing
Western. Bank
Dec
7554 Dec
Cities Service
Mill1,I-
18%
13% Mar
15%
Nov
44%
Dec
49
49%
36%
Jan
52
NOV
Pure OIL
38%
Feb
50s/8
1754 Aug
25
16
28%
23%
Jan
2454
16
Feb
13%
9% Nov
Oct
126.
33% Jan
82
10
109
84
1L54
98>
115
*-;——^
112
Jan
24%
/
9654
48
48
35
Jan
/
44
Pressed Steel
Car common—
7%
2654
26%
1
(The) common-—
*
754
—t
27
27
27
30%
29%
30%
2354
24
24%
30%
34%
Dec
12%
10
40%
12%
5%
Jan
19%
18%
19%
Bend
Spiegel " Inc
20%
19%
20%
31%
32%
250
Common
22%
24%
common—
Dredge
Standard
25
2,560
"
capital
preferred
—
•.
45
45
/"'v"''
45
80
25
*
'
—20
1
25
50
6
6%
20%
Detroit dp Cleveland Navigation
Dec
Faultless
39%
20
Rubber
General Electric
General
Tire
21J/a
23%
v
&
5
*"
;
Firestone Tire & Rubber com
Nov
United
United
Dec
Dec
54%. Nov
;
(Un)
Rubber
common
—»
—
5
Co_
(Un)———*
44%
'
:
,
—i'
24%
24%/
21 /
20 Ye
21%
7-
Dec
(B F
Goodrich
Gray Drug
Great Lakes Towing
common—*'
37%
38%
38%
/ 60%
25%
53
53
Halle
Bros
common—-—5;
pfd
—
*
(M A). 454 7c
Wieboldt
Cum
Dec
Interlake Steamship
Apr
49% Aug
iV;
17
Jan
36%
Jan :/;
79
Jan
39% Nov
60
Dec
Jones dp
52%. Dec
102
Dec
McKee
900
87%
1,600
59% Jan
40
40%
300
31'AMar
52
52
100
44 y4 Mar
35%
37
1,000
31% July
37% May
Ohio
•
34
/■/
104 % /
104%
34
200
14%
32%
Packer
•
(new)
Inc common.
prior preferred
page
*
225.
—
20%. Dec
May
,
85
dp
Medusa
Portland-
10
*"
104%
30
102%
Oct
340
,37%' Jan
...--SO-'
—•
'26
Jan
2554 Jan
165
Oct
Dec
104 54 Aug
Nov
49%
*'
Sep
46
Dec
Oct
39
."vrz/V.; '/_
a76%
a6054 a64*%
53
122
385
24
23%
78.
78,
33
90
105% 105%:
14 54
a
15
/
42
41%
•
1654-
15%
'
60
..
..
60
v;
National
N
Acme
Oil
Reliance Electric
14%
Dec
45
Dec
46% Nov
"/.£•
^v..
/ /1'7% Jun
15,..
754 Jan
;23 %
Jan
40
18
18
295
4%
Jan
19
—1
a34
a36
20 54
Jan
—
-
-
7%
3,233
225
?
21%
—
Dec
Dec
Nov
23%
Dec
35
35
22%
375
16%
34%
35
160
1854 Jan
35
•:
14%
Oct
7
37
22s4"Jaii
35
37% Dec
35%
22%
a26% a2754
r/
Jan
•
•
-—5
Nov
Jan
*
—
-
':*V? "
190
a3254 a34%
.654
*•'
(Un)
,
Dec
Dec
60
43%- Jan
605
/?> '•
Jan
Dec
69
*
(Un)
Corp
/
Jan
13% Mar
135
Dec
11054
Dec
2754/Jan
.
Feb
31
40%
Tile
Y Central RR
<
33
355
•
90
Pec
8% Mar
175
1,735
14%
14%
24% Dec
'S'h'-v:
39% Jan
/"
353
a45% a47%
Oct
105
30
a
63%
16%, Jan
495
87
Oct
July
Mar,
14i
■
a67 54 a72%.
74%
75
12
32%
.
July
48
55
4054
—*
Cement-.
Metropolitan Paving Brick
National
Jan
70%
—a37% a40
—*:
T_
Ohio Brass class B
34
a42
Dec
41% Dec
54%
L
(AG), class B
22%
12
*'
01
—
Lamson: dp Sessions
80%
22
;87%
27% Dec
•./14% Mar
———
Laughlln
Island
Kelley
20
1
•
.
:
2754- Oct
53% Mar
Nov
31%
27%
Telegraph
For footnotes see
31
700
60
Dec
22
27
...
common
Stores
/
300
common_100
Westinghouse Elec & Mfg—
Common
Apr
300
103
107 Y*
•
Co
Union
Western
Mar
107%
&
U S Steel common—
Walgreen
53
16
14
990
-
a42 i-
'Dec
9
5%. Apr
22% Apr
80
—
25 'A
300
1,900
61
28%
>-•
a7154 a72'
a46% a48%
Dec
29%: Dec
148
fV:
30
30
,'
Dec
103
1854 Jan
100
854
854
854
30
'pfd——*—*—100
Industrial Rayon (Un)
Interlake Iron (Un)
44% Dec
2,500
29%
26 %
2954
;
Dec
28*
•
8054 Jan
307
3,019-
Dec
30
19%. Jan
100
2854
98% 100
26Va Aug
3% Jan
20% Jan
a71%
Goodyear Tire & Rubber
12%
Rys
Specialties common
Light
41%
23£
mam
9-
1854 Dec
Apr
'
Hanna
700
44%
a 29%
2854
(Un)__25
'
10
Stewart-Warner Corp common
—5
tiundstrand Machine Tool common
5
Swift & Co capital
25
Texas Corp capital
25
Trane Co
(The) common
6
208 South La Salle Street Corp com
•
Union Carbide & Carbon Capital
.*
Standard Oil of Ind capital
11%
Nov
36 Vz Jun
Jan
520
Jan
11%; Dec
33% Jan
4,200
6%..
commonV——-V——9-
/Z/
err Jan
350
8%
i7-
17
■
Range for Yfear 1945
Shares
High
854
■
for Week
Rang*;
ipw
—
Sales
Week's
of Prices
9954
—
Dec
3354 Nov
14% Aug
t!9% Aug
12 y2 Mar
26 W Apr
3,800
32%
Nat Stockyards
St. Louis
Cliffs Corp
.
v
1preferred
31%
"
Last:
a29
I Clark. .'Controller:
Glidden Co
5
Lathe Works capital-
3
& Body
Coach
American
29 %
Jan
14% Apr
700
•-
t City • Ice & Fuel'—
46 V2
x17 54 Aug
.
7854
,235V
Mfg—.-50o.
Akron Brass
107% Deo
1854- Jan
,
———•
Sinclair Oil Corp
Dec
754. Dec
76%, Apr
30
July
33%
Signode Steel Strap Co—
South
Jan
•
Serrlck Corp class B common
new
2%
"
105%
32% 33%
40%
51% Oct
12
Dec
Jan
Feb
43
10
Aug
Jan
i •
j«
?.
•;
«
j
.j
:!
3854 Dec
14%* Jan'
35
242
75
,
P«f
8% Dec
25
Jan
10
50a
•'
1
•
1
Raytheon Mig Co common (new)
Sangamo Electric Co common
Schwitzer Cummins capital
Sears Roebuck & Co new capital
Common
16%
26%
8-
455V Nov
4% Aug
754
104.
10554
50%
13
Sale Price
STOCKS—
Cleveland Cliffa Iron
•?
Quaker Oats Co common
Rath. Packing common
33'
50%
1254
Friday ; f
Oct
Process" Corp
33
3% Feb
23%rJan
4554 Jan
100
100
20
654.
3254
6454
654
Apr
//•—:, .■/
.
Nov
.
3254
6454
•
■
25
50
Gleveland Stock Exchange
Dec
Jan
754'.
/II
Dec
66%. Oct
27
Nov
654 Dec
3254 Dec
6754. Dec
38
469
29
32
2954
—-
Dec
69%
•
8% Feb
5554 Mar
1054
6854
29
./,.
—*—*
Dec
3354 Jan
1
j
194
/<31 %
26
General Motors
Aug
75
9054
common
1154 Dec
11,
1054
64%
13
1154 Dec
454 Jan
45 /
(The)
I
Mar
30
i
•!
1254 Dec
131
9054
Potter Co
Mar
3
5254 Dec
60
Oct
6
Dec
142
42%
;
Jan
Jan
3054 Oct
Dec
23% Dec
Jan
43
,_10
A
4
27
Feb
11% May
1554
13654
Pennsylvania RR capital
50
Peoples Gas Lt & Coke capital
100
Perfect Circle (The) Co.
——»
class
V
50
.
-•
—
Standard' Brands
2354
Oct
NOV
18 54 Mar
Switch
36% Jan
155
88
6
I
/
|rlrv
4254
2454
Elec
I
■•■•••■
-
rnlnmht*
Dec
24 %
Penxi
242
33
11
II
—^——10
American Rolling
33% Nov
127 % 12754
115
20
48%
€
I
-
Jan
1154
11.
5154
4654
100
21%. Dec
58 , Dec
55 " Dec
Unlisted-
25
14-
i
12% Dec %
" v
51%
'
v
.08%
//.- :
' 654
10
——
7* Preferred«— v.———50
Jun
23%
—
v.";
7
Apr
13% Jan
4CT
Jan
45 "Mar
48
Apr
15
358
2854
—*
—
Card
U S Printing?' -.'■?/■
5554 May
28
12%
5
100
———
g;
Jarr
136
28
1
common
Peabody Coal Co class B com.
6%
1554
13654
100
10
pfd
7%
Elec
(The)
Nov
'
55
•
-
ij
57
'
—
•
!
Dec >
55"
.
..48%
*':
^-10;'v
A™.
22
common—.-^—*-2% ,
common—
Oklahoma
Randall class
18%
HHF
preferred
6%
—
* :• Preferred
Procter As rtftwhi^
•,
4854
4954
20:
*;
•
common
Dec
57
241
680
f
\
i
12r
23%
57%
21
;
,
40
23
'."/■/ :
12
23%
*.
City Ice & Fuel———
■
13
w"
———*
Lunkenheimer
Nov
22%
2% Mar
—
.
•
13
Dec-?
15"
Dec
»
6% Nov i
110% Dec
'
1554 Nov
I
95
Dec >1
16
Jan
\
10
Jan
'5Va Jan.
2% Mar
106% Oct
8%/JM» •
7854 Jan
11
July
196
1,686'
15
9454
13%
93%
94
.—100
:
—
——
4854
4254
la
222
j
{
,
Dec
54% Dec
28% Jkn
25
40
654
Natiohal Pumps
.
Nov
24%
13
■
Leonard-—
Dec
111
110
Mar
13%
1454
„
28
—5
common
Dec
4254
4854
10
common
Corp
Bancorp
Northwest
18%
Jan
33
*
Ind Inc capital
Noblitt-Sparks
Jan/
2% Jan
common—
Standard common
/ .12% May
10% Jan
Gas common
1
OOoker common—2
Cylinder
National
National
Nov
'jX
1054 Jan
*H
:—
Co
&
145a
Jan
May
May
9
50%
11154113
113
;
—^
—————10
Kahn 1st preferred--—*—
Kroger V.———
Dec
Dec
105
20
6%
*.
25% Jan
45% Deo
2y» Nov
7
Deo
Jan
Jan /
Jan
May *
20
20
■
100'
Bigh
100
15
13
20
■
30a
100
654
50%
*
Hobart class A—•
Dec
14%
10854 Aug
8% Apr
*
—
Ward
49
1354
12
*
;•'; ;
16%
32%
1
4%
15
'78 ""
1%
15*
..;r,nn.
,2.-.,
.
Range for Year 1945
•
J09%109%
-
»
—
Gibson Art
19% Dec
Jan
1854
10 S
Co common
1
Mfg common—
—*
Dow Drug
Eagle-Picher
Dec
13%
preferred
Minneapolis Brewing
..
.6654
654 Jan,
11
I
Muskegon Mot Spec class A
Sep
llVa Aug
554
1%
6Va
—
Telephone
,_50
Cincinnati Union Stock Yards-,—-*'
/Dec
35
p
Jan
l2%
"
V-/.-100
pfd—'—
-v-
Shares
21% 21%
44%r 4554-
~Z
?
Crank—j*—5,
Ball
fiftriwE
!
for Week
-
15
7%. Jan
1
•
Range
"?
•
Cincinnati
1/ 16% Nov
37% Jan
10
Co preferred
■
Jun
7%
600
100
Cincinnati
Cincinnati Gas & Elec
'i*
Lo» High*
—,7
-
Cincinnati
Jun
34.
4%. Mar
100$
Aur
7 Sales
of Prices
Sale Price
♦
—
Oct
39
654 Oct
10a
49 %
.
Jan
/
:
——
..Dec'
5'.
;
Last',:/
iTOCKS—'
Champion Paper & Fibre
Churngold'"
Cincinnati Advertising Products
■
.
Feb
7%
Exchange
Week's
Friday;
/
preferred
;
Baldwin preferred-*—
Burger Brewing
1354 Dec
6%, Jan
200
.
Prior
Dec
37
:
Jan '
18%
100
67
57 ;
commons
Industries—
Aluminum
185V Oct
Dec
1254
2,000
6%
19
5
700
15%
14
common—..
American/ Laundry:":Mach—^^v^vvi20
American Products
*
Dec
43
Jkn.
25% Aug
654 Jbn
/,
4&<
34
Jan
55%. Aug
18%, Jan
-
fwt
95V Dec
7%. Jan
20
50
34
Co
•
,
24% Sep
Dec
3% Ja&
$1 prior
Common
-
Nov
22
500
18%
Rubber
J
N
Cincinnati Stock
Dec
37% May
600.
95/4
of
gvgg/ '//•/' ////; gg.
21% Dec
.14% Jan
40
ATvZ/g
22%
49
.)
1'9% Jan
Oil
common-
Dec;
22
8
Dec
10%/Jan:
29%
IT S
Now
.
60
preferred
Food Prod com
Middle West Corp capital—
Miller & Hart Inc common vtc
Montgomery
v
Jan
454%
Modine
43
•
48
8
Sep
-
America' common
Studebaker Corp
255V Oct
Feb
67
49%
14%
capital
24Y4. Dec
^..16/'.: Jan->.,
18%
-
>
Dec
9
• •
Co common
235V Dec
Jan-
-
20%
-5
—•
*
7
;/y.
1,300
16%;/ -./• 700
Corp
Dec
9^
22
—*
2,100
48%
Dec
26
.1354 Mar
500/.
100
6%
13%.
Dec
13%
950
13%
46%
16
•
Dec
Nov
32
15-54'
:/;;/7%/v8%:// Z:
48%
Nov
Nov
14 54
77%
130
Mickelberry's
Monroe. Chemical
25%
Feb
32
33
:/ 8y«.
Nov
k'-: 9754 Dec■*(
600
Feb
11%
400
.
24%, 24%
*
1
/ 94% 101% ,/ H
Dec
34%
Apr
8,600
com—.—*
*
Co
common
23%
,
Jan
6%
800.
34.
19%;.-Dec.
47%
111%
200/
Standard. Brands
.Aug
62
350
7854
-4
-*
110
Republic Steel Corp? common:
15% July
a
Jan
1654
50
20
1354
Dec
IS
24%. Aug
74%.
Radio Corp ol
Nov
23
Feb
22% : /
corn.*
1
Dec
43%- Dec
Pure, oil Co (The)- common,,,
Dec
52/
60
—
Dredging
McWilliams
'/11
500
10 54
6%
,
57
cofh^
preferred —
^ursnan
100
"
29-.'
-100
110
101%
—•
common
Pullman. Incorporated
Standard
22—
20
Oct
17
common.:
Light dp Chemical
Jv
Apr
Mar.
13% Mar-,
;
28%.
:
Oct
13%
Jan
July
900
•. 19% /
43%/48% / '/ 1,800
48
Co
Corp
New York Central, RR
21% D ec
common
Iron
Nash-Kelvlnator*
// Dec
Jan
preferred
Printing
Lincoln
2,350
;.
Apr
common
Umv common
Co
16
10 y8
4
39-
360
52
22%
Jan
10%
Clark
&
77c
15
100
1354
Mbby McNeil & Libby common
•.;•'...
600
48%
7%
35
\18
49%
110
l
General'/Electric
Dec
28
42%
22 ";
j
Curtiss-Wright:
Oct
29
12%/Apr
12/
17% Nov
Paramount Pictures Inc:
V
28%
*|
Cumulative
350
10%
-
8J%Mar
BtMb-»
Dec
25
3% Jan
30%
—* f
Extr.
100
/25//g;;
:'/ 5%
A-
saUe
/,'v
>
ll'/e Jan
16%
11%
—
"
Nov
102
Dec
500
common——
/ Ken-Rad Tube & Lamp com
Kimberly
10054
28%
Switchboard common—
Kellogg
200
4754
Jan
36
20
g
:
1,050
—
Co
uiug
Utiitted
Dec
26
21%
pfd——*
common.
' J47 ^ *') g'-JV ;vV, J
High
•
is y*
41%
5>
Machine/ capital
Anaconda/Copper Mining/
BO
Atch Top & Santa Fe Ry com—100Bethlehem Steel Corp common.
•
3454 Nov
r
:
17
.
.,</<
/
■
Interlake
29
1<U
Warrants
Power $6
Jan
10
23
—*
1
$ Illinois Central RR common
independent Pneumatic Tool vtc
Indiana Steel Prod common
Interstate
Jan
754
19%
(new)
..4
Low
17
16 >A
•
common
com—
Radio: Corp
'
1,600
1654
capital
Illinois Brick Co
28%
3,000
1
common—
Hupp Motors common
10,300
Range for Year 1945
High
/v:v'■/■:////: / ':V
Dec
23
July
:
///
100%
10
*
class A
com
Zenith
854 Nov
—8
—
Bankshares
•
Martin (Glenn L)
100
BartlStt common
25
common—.—,-i————*/
Spencer
17
V
45
,
354- Jan
Z 350
354
45
45
-10 g
10
Co common
Harnischfeger Corp common
Heileman Brew Co G cap
Hein Werner Motor Parts—
Printing
Hall
100
2%
:
class A
General Candy
General
Dec
7%
21%
*
5
10 .
1%-'
5
1
10
1
*
*|
—•
*
(Peter) Brewing common—
Fox
Dec
3054
16% Jan $
3454
—*
America Inc
Mills of
Flour
137%
93.54. Jan .
;
3 54
——A,
Four-Wheel Drive Auto-
Dec
;
24
50
common-
79-
300.
x35
Connell Dredge &
&
Co
76% Jun:
Jan
1,100
24
'
common—10
Dodge Mfg Corp common
*
Doehler-Jarvis Corp"
—5Domestic Industries Inc class A.
.—I
Fitz Simons
Jan
31%
22%
24
(Alf) & Cohn Inc
Eddy Paper Corp (The)
Electric Household Util Corn
5454
63
77/a
Cudahy Packing Co—
4%% cumulative pfd (new)—100
Curtis Lighting" Inc common——2'%
Decker
Jun
!■:
40:
Shares
Low
American Radiator & 8t San. com—*
25
1
vtc partic pfd—
Nov
49%
Jan
29%
31%
1
w
Consumers Co
100
'
,
132% 138%
138%
——10
*
—5
common
49
25% Jan
200
41% '
72 Wt
80
39%
—100
preferred—
Towel Co common capital—*'
Chrysler Corp common—,—-——.—5
Chicago
'■5 35
Wisconsin
Woodall Jndust
Yates-American
80
common
Vtc
450
•
:of Prices
Pat
Dec
32
2254 Aug
70
43%
4354
:
i
32
32
class A pfd—/.
*
Chicago Flexible Shaft common
*
Chicago & North Western Ry— *;,•; >" ?
Chicago Elec Mfg:
Sales
for Week
p
High
Low
:■
'
Bang*
,
.
Sale Price
Range for Year 1945
Shares
of Prices
Sale Price
STOCKS—
Last
for Week
•:
Week's
Friday
Sales
Week's
Friday
ENDING JANUARY 11
^
34% Nov
Dec
30%
'1
-
Volume) 163 (Number
fvZ //.'
445S
THE COMMERCIAL & FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
;
Last
://,77(/:7/
STOCKS—
''7l /i? Sz /77;
Republic "Steel
Richman
Oil
US; steel
?
—*
19 Ya
a80% a875/a
tUhl.7—
19 %
45
30
145/8
Warren
31
Cessna
66 V2
July// y.<
:
Dec
27 -. '/Oct
Jan
Dec
Colorado Fuel &
Jan ' .:?
29 V8
Oct
7 s/8
Jan
133/4
Dec
Consolidated Steel Corp
Preferred
a667/e a70Ya
a25Va a27% v.?*
-
Dec
Creameries of
307
27/e
142
5%
39 Ys
;/ 107
20
7
?•
Feb
Jan
:
703/8
.
Mar
Douglas
new
6%
Dresser
Fitzsimmons
Stores
Garrett
/:;7;7/7
-
H«firAlt Stnrlr P.vrh.tn«*
Detroit Stock Exchange
'<•
Hancock Oil Co class A
-
: New York
vC-'/
f
Curb Associate
7
1
Holly
DETROIT
Car
10
Friday
Week's
STOCKS—
SalePrice
..
/ of Prices
Par
Allen
Electrio ^.1.-1—
Baldwin
tow
1
Rubber.^;..!——
4%
16%
15 Va
Brown, McLaren
—I
Burroughs Adding Machine-..——*
Continental 'Motors common——!
/
Detroit'As Cleve jNavigatioii
10
4%
.
Edison
Gray
•
common
!
Detroit/Steel Corp.,
Motor Truck——
—2
—
Frankenmuth Brewing
Friar's/Ale
■
Gar
—•
ijj /
—
1 '
—,
«
7
25
6%
.;
3%
•
Wood
Industries———.—**—,—. 3:;<,■ ,14%•'•>■
General Motors common—
;
.^.1.10 '
Goebei Brewing!:v'/; mt,.l
.,.1-—
7 [
Graham-Paige common —_i——
1 •
13%'
Hoover Ball & Bearing——
10 /
24%
Houdaille-Hershey common—.
—*
'
13%
Motor Car
Hurd. Lock;
1.
King Seeley Corp.———
_1'
Kingston Products ————I
Kinsel
Drug'—***—,—
Kresge (S S> common——10
Foundry dr Machine———l
LaSalle
\
Wines
:V
f
r,^
,
-
Screw
Masco
——.2
*„'
•
,
v .
-w
'
«.
,'ya *$,',<
35
.
7
Products.-i.»..w*—1
McClanahan Oil common—
Michigan Die Casting-—,ir
Michigan Sugar common——.^
-*
Mid-West Abrs oommon——,50c
;
91
91 Ya
915
533/4
Jan
75c
Apr 7
6
Packard Motor
v
—
;
River
Co
7%
;.l
.
1 Ya
300
4'/»
32c
,5.500
Jan
/!
\ :i% Jan
/23/4 Feb
1,600
22%
Jan /
13 Ya
Jan
2,100
5%
r
.
.4 Ya
9%
••;
'•
•
:
-2%
.
,
3 3/i
400
12%
,
.2.100
•
.
7
; 700
3
;
1,200.
:.;.ioo
.3 "% <
100
16
500
13%
133/4
'4%
5%
Wayne Screw Products-^—/•
22
500
.
10.200
5 Ys *
1%
/ 9 Vs v?9'%'.- m 800
9n
of
Jan
Air
Rights
Lines
Juneau
Gold
7
15
9%
Armour
Dec
Smelt
Oil
10% Dec
.
Bandtni
Barker
Petroleum
Bros
Corp
Barnhart-Morrow
Co
*
Consolidated——!
Berkey & Gay Furniture Co
Diamond
Corp
;
Chica
Proadwav
Oil
Dept
Byron Jackson Co
For
footnotes
Vultee
Crown
•-
90c
95c
5%
Inc
//'., 7Y4
6 3/8
common—•
■»
page
225.
v
/
5%
6
:
5%
7%
6%
7
%
:
High
534
Dec
Jan
41Y4
Dec
500
25c
Apr
1.15
Dec
:
50
54
a34% a34%
16c
8,915
3
4,155
25
?
6% Dec
Jan
1% .Jan
7C
7c
-"
14c
-.1
/,•>':/ 3Ya
;
7f
1.00
4,000-
16c
8,000
2o
'
*
,
7
.
May
710c
6c. Mar
109
Electric
a49%
—
8
Dec
7%
Nov
Dec
21
Jan
51
243/4
Feb
38% Dec
'7
7.
Foods
Co
21%
Northern
Ry
International/Tel
Co
&
719
21%
,
Ohio
American
Oil
Aviation
/Packard
Co...
Pictures, Inc
Pennsylvania Railroad Co
Phelps Dodge Corp
Pullman
Pure
Oil
Inc
Co
60
34%
25
—*
———
*
42%
25
Jan
187/a
Jan
7%
i!
:
7
Jan
25 Y2
38 Ya
-
39
Dec
Dec
7
13 Ya
Dec
35
Dec
Nov
Jan
22
Dec
50®/g
July
48%
32%
(
Jan
-
41 Ya
Nov
75 1
Dec
76 3/4
76 3/4
343/4
"'•:
1,185
14 Y4
15 Ya
/
445
9%
Jan
65
197/a
Jan
16 Y4
Aug
23 Ya
Dec
53/a
Jan
7/
22 Y4
22%
307
••>.'
'// 265
7,117-
11%
a54Y4 a58s/a
'7
a66%
14% Dec
353/8 Mar
435
105
a
Dec
Jan
30
345
1,270
a303/4 a313/4
—
r
13 Ya
a427/a
Aug
62%
9%
/ 520
30 %
50%
12 Ya
Jan
■7/32%
1
.50
39%
Jan
5%
50 Y4
'
Oct
Sep
Nov
925
7
48%
45%
; - 65
>
Dec
Dec
71
Jan
:16%
-
Jan
Jan
7 54%
10
a33% a35s/e
/ 15Ya
11%
4Y2
/
/ 2IV4 Dec
7 16 Va Oct
405/a Mar
6,685
133/a
a61%
39%
50 Y2
7/
9
29 Vi
Jan
Jan
38Ya
813
295/«
/7^ /
•
j.
125
.
Jan
93/a
,
7,040
7 12%
,
53/4
19 %
.
487/a
11 Ya
:
*
Car
1,064
128
„
1
Co
Motor
8Ya
48%
—10
Paramount
Jan
Dec
Dec
7
„
•
Inc...
Oct:
Nov
33 Ya
.
Nov
al8Y4 a20
—• 7 a353/8
—..*.18
Co
9
Nov
4Ya
Nov
•
7
American
;
Jan
v
32 I.
19%
a60
—
North
21
41Ya
•
a53% a53%
7.-
North
18
Oct
Dec
7 30 Ya
13%
....•
Apr
Dec
Sep
13 Y4
1
RR
11%
H Feb
/
35
•
Dec
15%
Dec
31'
Dec
12
Dec
28 Y4 Mar
3,430
52%
Dec
333/a
45
Dec
363A
Dec
■
/7
217
'-'/
63)
>
43
V
43 Va
36%
40 Ya
175
26
a667/8
450
48 y4 Mar
64
Oct
22 Y4
395
17V2
24%
Dec
a62
22 %
Jan
Mar
Jan
/
Nov
Mar
a75% a76%
•
Central
Jan
29 Ys Mar
-
683/4
28
32
8
k
*
York
16
46 3/i
rv
21
48%
Copper Corp
New
/ 4Y4
/
Jan
Jan
Feb
78
a27 Y4 a283/8
Canada..—^
Inc
39 Y2
48 V2
Jan
214
al8Ya a21V8
--
• ;
Corp—
Dec
20 Ya
71,185
—
Tel
Oct
203/s
10%
30%/ 30%
.
pfd—'.——•
of
Oct
Jun
52Yi
7:7 55
14,610
384
1 ./
—•
Co
•
Feb /
49% Aug
38 Ya
130
;
33/a
■'
/. 247/a
a39 Ya a39%
.5
•
Corp..
a243/4
32%
1
8
Class. A' —I?
::*—»/ -:v"
Electric Bond 6s Share Co
—..5
Electric Power. & Light Corp..al9%
Electric
3
732%
32%
(Del).—5
——
956
a34% a35
35/8 /;-.
•
11
a24
Oct;
Dec
Jan
231
10%
11
33 Vi
68 Va Jan
343^
100
30
'
Dec /
it 945/e
/;•'-> 260
30
/
Dec
10% Dec '
Jan
1,685
/: a44% a453/4
Jun
Nov
((39% Apr
230
22%
3
7 39 Va
7 48% July
.V,
142
523/4
;
Dec
Nov
15
Aug
V 17%
t
25
:/(-•■ 825
a73% a735/8
Company—..25
Corp
525
'
21»/4
a447/a
*
—*
Corp
23 Ya
101Y*
r
112 7 Dec !'
32% May
53/a Jan
25
1
<
/ 49
:
Jan
255
vi.
7
;//-/' 7
69'/is
Jan
523/4
22
Jan
6Y2
3,670
a45 Ya a50s/8
5
Corp—
McKesson & Robbins, Inc
Montgomery Ward & Co, Inc
f
22 Ya
:
77%
115
'
10%
35
99
Jun
745
a55 Ya &55 Ya
Aircraft
Co
10
23
29%
Nov
50 Y4
196
Feb,
50 Ya
452
19
Jan
,
151
35
.
161
7:7/15/
109
a39% a40Y4
<
35
Jan
42 Y2
566
<
15
—
122
;7a67% a67% /
/ (46%? 48%
13 Ya
14
...
12
1,021
:
Nov
J5o; Nov
://;
(
19%
a637/a a678/8
!
2.10 Dec
"
al883/«al923/4
3
—
...
Edison
Oil
17%
a67%
a 192%
(
9% Nov
19c
20c V Nov
Jan
1®!i
Dec '
.-•
565-7
6% Jan
Jan
21,000 •-7. 7o
7,000
(.
2c
Sep *'
3,330
Mar
35% Nov
Dec
('/•■ //
Sep
1 Dec
28
Jan
3Va
...
•v7v
2.60
;/.-iv7:v
—
2,325
(,•
imtM
Libby, McNeill & Libby
•
.
328 7 Z/v 16%
Dec
50 Ya
27
2,357/ .( 20 Ya Jan
;/ 153/4 Jan
4,400
Dec
Dec
227/a
28 /.Feb
7
Dec
29Y2t Dec
v
2,430
18C
2.25
7
i
9:
t
>•
10 Ya Mar
;
44
£
15c
16c
101%;
Zellerbach
Kennecott
1% Mar
12c
•
.
2.50
13
Graham-Paige Motors Corp...
3% Aug
7,862
.
9%
5
'&
15c
:
/ Goodrich (B F) - Co..—.—
173/4
100
•
'
Dec
x
7^493/4
7^7/* Sep
7. 15
Jan, -i
'V V
5
Corp—
Curtiss-Wright Corp
650
42',/
95C
___l
;
see
/
•
.
/
21 Ya
:
.
.
39 " Jan
365
Nov
41%
42
7
V'-J-
''
4
Co..;./.../.'*.
Corp
Gas &
Continental
Range for Year 1945
12,650
6%
>
7-1'-''
'
3%
18C
—
'
1
2
Corp
Stores
5%
42
v-
30
83/a
'■
Pacific Railway Co—7—«~25
Case (J I) Co
..—.25
Caterpillar Tractor Co.—i_—.—..—*
Cities Service CoL..i—10
Loew's.
•
6Y4 /
42
Blue
Bolsa
•
common
U34
3%
5
-
323/a
:•
i
,
39Yft Jan
2,043
8 3/a
33 Ya
Corp..—.1
Continental Motors Corp—..1
Lota.
49 %
3 Ya
10c
...
Company
Commonwealth
Unlisted Issues
Shares
248
497/
33 Ya
"w—
-
.
Commonwealth & Southern
BROKERAGE
Hid*
60
21
,r
'
40
26%
Canadian
Sales
of Prices
Low
698
v/.;7> (7/•(••'(..-.
Co
Borg/Warner Corp
Range / for Week
Price
;
23 Ya
Co....
Corporation
Aviation
Borden
13% Dec
5 Ya Dec
/
:/// 'Par
/
Jan
■
Dec
•/
30c / Dec
i
Dec
36% NOV
Nov
253/4
Bethlehem Steel Corp
Angeles Stock Exchange
;vv/:,;,:•/.- 8tock»^//////;/./ ///;z Sale
^/•'//';///'a////''/
Jan
39
38
22
Vj '.
Mng Co
& Refin
International Nickel
/
30 Ya
263/4
/ 105/a
Bendix
Dec
Dec
FACILITIES
Week's
Jun
:
23 Ya
•Z7/;7;v
Interlake Iron Corp./—
T.aaf
7c
Jan
."(;:
Nov
78
,
143% Aug
42
Dec
18c
26%
313/a
Vi Dec
33%
'
1,575.
25
.
55
Jan
2,770
20 Ya
Copper Mining Co——..—58
Barnsdall
Dec
19%
17
ANGELES-—TRinity 4121
Friday
,/
Jan
54
8,100' (
a66% a70%
a40 %
Great
Los
300
Jan
4c
20Ya
/(■■>: 30
-
fe
Dec
27%- Oct
••••;.
25% Aug
10
Co
Baldwin Locomotive Works vtc
General
West 7th Street — LOS
41Y8
25c
83/8
;
& •Co
General
2IO
Deo
38 Ya
47
8%
Aviation
Dec
COMPLETE INVESTMENT
—
144
125 :
60
'
(IUl^-—m.^5 :(
A T & S F Ry Co
*——100/
Atlantic Refining Co.—
.25
Cons
Listed
*
Inc.
•
Stocks—
Anaconda
Direct Private Wire to Allen & Co.* New York
Angeles Stock Exchange
/
Co..
Commercial Solvents
FAIRMAN & CO.
NOV
.
20% Aug
77.-7-7
31 Ya
7
Amer Rad & Stan San Corp.—
/Columbia
M ember Los
49
American Tel & Tel Co..,—100
American Viscose Corp.
——14
;
AND
Air
Mng
(
5,000
42
7^-.;
:
Cons
18 3/4
,
6 3/a May
520
a40% a40%
-
Mng
7
rJ/>. / 5 Ya
>11%
19 Ya
7.
_1
Oil
.
77Y2o Dec
Jan
7/a Jan
363/a
42
U-—.
-
Mar
10Ya
"
Inc-./--i..^—..1
Gold
Mammoth
/American
.7%/Dec
4% Mar
/•i.
pfd—25
—
UnlisteA
Dec
Dec
v
20%
38 Ya
California
Consolidated
Dec
:7i7
55
24c
•
*7
32
77 7.7
25c
-
Dec.
.
'•
;
•
West
Oct
Nov
10 %
Nov
8
9% Apr
4%, Jan"..
9%. Feb' v.
77
•
f Nov
60
26 Ya
12c 7 7
53 Ya
7 He
25
Corporation
&
267/a
32
;
12c
25
46
:
7/v
—•
,
.1'
...
7.200
tNov
Jan
33c
,
(/;.(
Oct
1.75' Dec
18
Feb
5Ya
/• 600
Deo
80c (
,
Jan
20
4,138 7:
43/8
Dec
Dec
45o( Dec
.
483/a Jan
1,900
17 Ya
26%
Con? Chollar G & S Mng Co—
—1.
Imperial Development Co Ltd— —25CZend a Gold Mining Co———— —25c
Dec
.17%
/./'53A Mar,-.
;»-$%- Jan.. /
200
22
Jan.
..Apr,:
2%.Aan
3%- Jan
,7.500.
.
15%
1
Oil
Black
7% Dec
14.// Jun
Feb b
V.
217
Cardinal
6% Deo
<,:■
'•..7
25
6%
: 65c 7
4
Dec
1.25
Jan
34%
Dec
Ya
9Y8
Apr
6,245
8%' 7 9 Ya
—
*
Calif
Mining Stocks—•-••-
4Ya Dec
Jan
60c
16 Ya
//
a68 %
Alaska
7% Dec
6 Y2
•
65c
9
65c !
.
Jan
29o
710 7 i
7/Z9'K:V 10 Ya
16%
20c
Dec
Nov
1.20
Jan
7-7 ^%'
7i 7 545
" / / 10 -7
603/4
>1- Dec
29
Jan
9%
5
Dee
'34^/.Dec
Jan
3% May
,
2,500
/
•8%' 10
Walker & Co.-Bu—
2%
1,100
,9%
K7 - /
.
.
7
15
>v
7
8%
'
60%
Feb
8c
200
1,353
41%
Sep
v
.
Dec
195
•
33/4 Aug
18,350
-
•
B
*
a29% a297/a
,
i
77
1.65
Jan
55c
37,700
75c
1.50
;
2
Union
39% Nov.-
.-:/2%/Jan?v;
/1.100
..
17%
7
13
z
63
5%
17
7
200.
.
OH
of
72 Y2 c
*
Company
Oil Co
Universal
-6% Dec
,
/
•
37
6 :7( 16%
'
/; 44 '• ' 44 7:"-'
Transcontinental
31
May
20% Peo
;
7
16%
$
Dec
Dec
1.50
July
Aug v.v.
1.45 Jan /
;
800
•/
40c
24
Jan
19%
Dec
1.75 Dec
Jan
30o
832
ga/a
7
60c
14,200
8%
'
-
183
i
.
18,064
1.10 /
36
Taylor Milling
Corporation..—
Transamerlca Corporation
Dec
12
233/4 Mar
30 Va
:
29%Feb
5Ve
17j
.
/
//3%/Feh;//
200
300
6%
Sunray
5% Nov
Jan
3,900
,
5
'
#
100
375,8
Pacific
Standard
Dec
3
•
%
100
■
'.
34
.1 *
class
300
83/4
8 Ya
4%
Calif Gas Co
Bouthern
.
t
/
1
preferred class A
Western
4
Jan
.
2 Ya
/;
1,200
/'."/' 6%
8'/./.Dec
>1% Jan
30%
;;4:/.;
-
1
:
Jan
5% Mar '/
14.100
■
"
•:.;.7%V //6%- :/;.7%
'•^.••i/: /13V4 13 Ya
Tube B? common.—————1
Warner Aircraft* common
4 Y«
r"
Southern
:
3% Dec
35%: Nov
9%/Dec
'
200
•
preferred
/7 18
50c
1.10
.—25c
7
'
155
v
1.05
'7Ya
8Ya
1
—....
.7
42%
.,49c
10
common
13%
Dec
27% Nov
Jan
7; 45c
Dec
32 Yi May
Jun
May
9c
'
—
Trading Corp:
6%
Dec
Dec
,9
„
•.;iZ6% Mar
200
30
*
..
May
v
.10
.22
/
Jan
2,800
11%
5Ya
TlTOli Brewing
Pdyilte Co *
—1————4.^.—i 3%
/ftnited Shirt-Distributors.———.—*
United Specialties.,—*
common—
Dec'
•
34%
5%
10
Radiator
/:22
May: ./
;/3%
5Y4 & 6
.6%
Manufacturing ——————<—l \
Simplicity Patt common.i————1
«
6.
.
,
./ 200
8%
;
V
Jo
Rheller
*
.34% May
20%
11
343/4
Raisin Paper
btaudara
Jan
'33 ?/;/
1
6 ;
-
-—2
ttcotten-Dillon
Oct
15 Vs
31.400
;v-'ivvt'-
(H W)
Jan
217/b
700
1,400
6%
20%
11%;
Parker/'Wolverine',.i,-u-.^w«^^f.i^.*-v
Peninsular Metal Products.^—
1 ;
Prudential Investing ^—^————~1
Rlckel
23 Ya
,7% Oct
12% Aug
27%, Aug
///'; 25"// Oct
8 Ya
49c
25
Co
3,100
200
1.05
1.50
;
16,723
:
v
'
1
common
200
1.50
42%
l
common
20%
200
;,:'--/.
v.
....
1
.1
30c
771.35 :
r—i/vl/
1
33/4
3,800 ' ;:';• 25c
;;
.
i /
u
,
1.35
/] Dec
2.00
.
,
15 Ya July
20%
77 '.'re-
(1.50
1
„.
Corp
Corp
Dec
62 Vi Oct
91% Dec
7 15Ya Jan
26c
1
Signal Oil & Gas Co class A___.
Signal Petroleum Co (Cal)
Sinclair Oil Com
/Southern Calif Edison Co Ltd
Dec
Jan
300
5%
i
33
1
.76
3%. Jan
53/4
/
185
3,745
1,685
r
-
9 Y4
1.25
30C.
100
..,
1,900
347:
9
1.30
,
Co
1.85
32
30
,"/loc;
;
Shell Union Oil Corp.:
Sierra
14% Dec
300
25/8
5
1.70
32
Stores) '"Inc—
:
...!!
*'
Security Company ...30 ;
Dec
800
: .4Y«
5V ;P
V
w-
Car_^—.—/
Park Chemical Ca eommop.^...—«.l
Parke, Davis common.*
Parker Rust-Proof common/——2 Vt
3%.
/■:■ 2%
8%
1
—*
Murray Corp commqn-—-10
.
1
Safeway
4% Dec
2,300
.: :
Oil
Oil
.Warrants'
1,354
*
( Ryan Aeronautical Co
Dec
6%
62% Jan
Ranch
78 y«
77
*
Co
Nov
Nov
;
common
Oil
10
123/4
32%
Corp
Corp
20 y4
Jan
Oct
17%
,
Elec
Petroleum
Richfield
/.'
25%t Pec
7% Mar
700
35 /
10
Rice
■
5% Dec
10 y2
9% Mar/
•//4;;?:: Apr
1% Jan
400
/ 3Ya/
•
—
.
Motor Products common———.
%
4
Jan
7% ^8:/f
/
-S^b
1
15%
22
10
.
4V*
Jan
1,100
8%
35
:
—
/j£*.
53/4
republic
Dec
^
&
Pacific Lighting
Pacific Western
Dec
24
300
.8%
;,7.*7.7
/,
-
■/
3%
.
25%
Jan
23 %
'3%
...
Lake.v
<
'
Jan
1,100
34
f
——i-
•
,
Jan
25 Ya
22
-
Oct
21Y4
,
400
23%;
0%
„
Dec
1.100
30%
Mfg*———-v*—t.
Dec
Gas
Jan
6Y8 May
7Y2 Aug
200
Jan
Clay Products
Pacific
13
505
16 Ya
Ltd
Petroleum
Oil .Co_—
Pacific
19% Dec
; 9% Dec
:1%
78
8
.33/4
205/a
800
13%//
23 Ya
——*
,
5 Y2
1,300
6%
11
..
Hudson
May/
?. 15%
14%
75
:
v
Dec
-
16% Dec
Jan
8%
800/
100
.^
63/9
3%
6
s
—
5
-
Jan
14
,
2,500
9
5%5%
9%
10%
24 Y4 ^25
16;
16%
__
200
.
:.25Ya- 25%.
25% 253/9
5%
Detroit-Michigan Stove—.———1
Federal
'
25%
—5
1%
5.900
: 400
21
8Va
•
25%
1
—
Ironi—
500
4Y4;
21
2
July
10% Jan
3.500'
680
8%
62%
Oil, Mng & Dev Co
Occidental
193/4
Dec
503/4 July
/^_ /■:■■,/
Co.
Dec
385
200
Corp
Corporation,
Oceanic
4%;
16 Ya
3Y4
"*8%
Diablo
Nordon
Year 1945
Range for
Shares
.
18% ; 19%
•
f *
common—.—«J20
,
Detroit Gasket
ueuroib
",_'
•
Mt
Hiah.
4%
1
—
Sales
Range / lor Week
^
Petroleum
Pictures
Dec
1.35
Dec
372
com.
Manufacturing
Merchants
173/a
Jan
350
.
11
76
31
.....1
Monogram
Jun
123/i Mar
30c
f Nov
94% Oct
33 % Sep
50
8%
/ '/
78
27%
,'
31
Mascot v Oil Co.
Detroit ;$lciokExchange
380
359
Jan
i Nov
27
64%
,
Menasctf"
10,20lf
31
64 Ya
Lockheed Aircraft Corp
Los Angeles
Investment Co..
/
1,310
1.20
19%
.__j,
Co.
17 y2
Apr
Nov
31
Corp
Petroleum
20.
Dec
28
38 Ya
'
Jan
71
Dec
*
.-
Lincoln
v/;
10 Ya
31Y4
11
Intercoast Petroleum
Corp-.—.—10c
Jade' Oil- Co....-^.../.^.'
:,.,Tpn"
/: Lane-Wells -Co._-i—'
i
/Telephone! Randolph 5530
550
Nov
137%
16% Aug
26% Jan
1,585
8%
»
?
Jan
Dec
30%
Dec
•
7Ya
com
Co
Development Co.—•.
Hupp Motor
94
375
19%
40%
120
Aug
'17
1.00
375
1
4 /
275
17 %
1.10
Hudson Motor Car
Co—/
Hunt Foods Inc common.
,
10
Chicago Stock Exchange
Ford Building
A
common..
High
1,877
31Y4
%'
17
"l
-
Jan
Mar
) 7; 348
23% ,24%
;/
II_I.II/2
Corp
Gladding, McBean & Co
Goodyear Tire & Rubber
//T/ /i/i :^v A??
New York Stock Exchange
Motors
class
Corp
77
17Y4
17Y4
a93% a937/a
Farmers & Merchants
Nat'l Bank__"l00
Farnsworth Television & Radio
l
General
%
30 y2
i
24
4
__
I
28%
192
•
34%' 373/s
..50c
Corp
25
al32%al39%
*
...
125
:
800
37Y4
I_1 /
Inc
Exeter Oil Co Ltd class
A
Low
•
6 3/8
7.
:t
Industries (new)
Electrical Products
WAtling, Lerchen & Co.
6
al38 Ya
•
Co!
Aircraft,
114
•,
America,
Dec
••27% Sep
Iron
Range for Year 1945
High
""
1
18 V2
85 3/4
125
I—Z~5
583/s
"
Refining & Chemical—1_
2
Youngstown Sheet <fc Tube common—*
100
Co
270
...
•
Shares
a41Ya a41Ya
Chrysler Corp
Nov
Aircraft
287
7
Ypungstown' Steel/poor IUn)l.-Ji—^*
•:
/"
Aug
California Packing Corp com..
Central Investment
Corp
1,200
7;
-15 Ya
5%
56V'8
■
for Week
of Prices
Low
33 Va Dec
;/.
39% Mar
..30
Van Dorn; Iron,. Works-v—.
Jan
Sales
Range
Sale Price
'
a64%
Vlchek Tool
STOCKS
Low-7,7/7 //./•Jligh
33j/4
a60
Week's
Last
/Range for Year 1945
.
.
,v;//7
(U; 703
•55-60?, /:•/ 1,718 7
a24% a25 Ya '/■>< 501
10
Thompson Products Inc
1,'ivV'
pwyfilgh
33V4
Ohio
Shares
of Prices
•
of
Friday
for Week
// Range
(//./Far:
Bros
Standard
:
RANGE FOR WEEK ENDING JANUARY 11
Sale*
/.Week's
Friday
Sale Price
i /
CHRONICLE
COMMERCIAL & FINANCIAL
THE
OTHER STOCK EXCHANGES
I'Week'g/
/•■"' ''/'/:/'%/
:
=;•/
■:
of America—
Steel Corp
Radio Corp
Republic
18%
Oil Co of Del-;——r—*
Roebuck & Co (new;
-*
40%
OH Co (Ind>—
Standard Oil Co (N J)Stone & Webster, Inc—
Studebaker Corp
& CO
Swift
—
—
Co
Texas
——25
29
'
—-1
--*>
Jan
y,: 26%
Oct
Oct
/•'
39%
Nov
\13%' Jan
%
18%
Dec
v// Preferred-
'. / 57%
Nov
Blaw-Knox
/
35%
Jun
42%
Dec
36%
•
•:-/-75
-
33 V*
38 s/2
327
•a60% a61l/2
64
38 V'a
33%
Dec
38%
Dec
60%
Dec
Lone
5<1%
Nov
22%
Nov
39% Mar
68
a487ij a50
Tide Water
1°
S
U
:
8
Corp——&
(Del.)
Corporation
Steel ,Corp
United
?v Ya.
;—.
Fireproofiag
Oct
Ohio Oil & Gas
Aug
33%
Feb
590
S,:'.;- 13%
Jan
Pittsburgh
Dec
82 Va
-
317a July
763
38
36%
•
Dec
52%
Dec
Co
v/,50% Dec
vtc
Alloys
Common
Philadelphia Stock Exchange
Range
of Prices
Shares
Autocar Company
■
V,
'
•
■.•••'
^
Chrysler Corp.
•; CUrtis Pub. Co
—
50%- 52%
-74%
'
f,
16%
.21'■
Corp
2,168
"
'V-1'
/
-
10%
11%
.
.7%
8%
42%
45%
26%
42%
■
44%
-12%
265
-
,,T'
•
Corp
32%
:
Co
Oil
Salt : Dome
Paper
Scott
31%
1.360
220
45c
I
3%
,3%
599
/
27%
■/
Corp———^.
•
977
i
/
1%
.>'•
•
8%
•
39%
6%
y
" " '5%
. ey8
5% , 6%
44 y2 44 V%
36 Vt v 37%
6'/a
44%
36%
/
Dec
700/
>
Dec
j
Dec
v
21%
20y»
6
1% Jan
Jan
1%
34
328
214
/
,
;
'-----i...—25
•
1%
70%
:
nr«
37% Dec
;
37% May
IVa
;/17%
14%
4th
i
^
-
'
New York Stock Exchange
;
.
1
—
_
v
Phone '
•
CEntral 7600
Bell Teletype 6L 591
v
Nov
A:
Jan'* /
Range for Year 1945
High
pp
% 7% Jan
/
Jan
162
Feb
§7%
/Apr
Nov
A.v
•,
3%
;
t
:
IV'b
-
2,467
.
38% Jan
13% Jan
48 ;/;'- 49%
py.;,-
5,061
'
•25%,
23%
25 Va
,
50%
:
Nov
35
/
Dec
41% Dec
Dec
31
;
11%
Jan
21
65
"
Dec
,
Feb
Dec.
10638
105% Mar
Nov
21% Nov
11%
Jan
13
5% Dec.,
.
Jan
Dec
Jun
30
Jan
9
Dec
36
;
27%
Nov
4% Nov
•,.1% Jan
151
4%;
Aug
Nov
23%
Mar
Jan
Nov
18% Sep
25
Jan ;
19
Nov
2%
"% Apr
1% Jan;;;-:;
t
4,102
4y8.
•
8
;
17% Jan
/y:-/
4% Nov
Jan
610
.«
.
52
42;.; Aug
10
■
6
22
'
Jan
27%
Nov
73
Jan
20
Dec
55
,45% Oct
'
11% Jan
Jan
f.; 61%
;
7% Dec
;
■
Feb
17%
Nov
/';'.
3% July
9%
Dec
66
hi
; Jan
39%
Dec
23
1% Feb
23
Dec
27% Dee
I'
14®V Jan
Dec
10%
•
40%
115
oct :■••
47% Jan
Mar
21% Dec
Jan
16
/
Tift 34% Oct
Jun
Jun
no
29% Mar
Dec
10
13%
Jun
46%
July
22%
Dec
122
Mar
48
22%
Nov
31
Oct
80
;
8
y?,
29 Va
v
Dec
8
30
.
6V8 Aug
,
Oct
14% Oct
Jan
so
49% Nov
Oct
42%
.
:-'•■ 4
8% Nov
46% Nov
Jan
36%
•PfymP
3%
/
4y4
■
49%
preferred _—i
:
Improvement-;
United Gas
i
Established 1871
St., St. Louia 2r MUsouri
'
.
Jun
Jan ;5
Jan
19% Jan
:
50
•
52
3%
-
4
4%:
United Corp common*-.——-—-
Dec
Unlisted Securities
/: A ^.33'// Dec
44% Dec
32% Mar;;1
600
73 V8
'
•
1'
Nov ?
6
-
'
31 y* Aug
379
27% May
588
•
57%
52
^—*
—1
cpmmpn-iii.L.r^25:
Dec ;
-?Nov
.
45
Jan
27% Mar
;
:
11
-
9% Jan ;
■!
550
36% 37%
,
Dec
Mar
7% Sep
'••
427
t
2% Dec
Jan
5c
309
,■—
.12%
10
ppmr. Feb
100
67,766
97
/
Jan
Jan :: ■;;
90c
1
20
Tonopah Mining
Transit: Invest Corp
/
Dec
3% Dec
44V'a Dec :
■
«
Jan
y 4%
300
i
67
Jan
700
r
116%
705
8%
55%
■
'
72%
—
Dec
6V4 Nov-
/
Dec
:
Dec
21 r Jan>
20% Nov,
.:
..
56
46%
8%..
56
f
638
30
46%
—
Tacony-Palmyra Bridge— "
Class A participating
S3
2%
Jan
282
■v
43% 44%;
10% 11%
•
500
Jan
58
,
Dec
a
45%
30
..50
—
Preferred
r
Dec
'2%
215
Dec
37% Mar
4,689
32%
43%
—
common-—.-;
Oil
Sun
31%
458b
r
50
common—
preferred
2nd
77%
•;
—
445
'
120% 120% ;
3:V
——
5%
•
5,649
/ v/. ' :81, ' : /
29 V*
28%
69
preference common
—
—100
preferred
—-——25\,
Elec Power 8% pfd-
4.4%
Reading
|
r
300 North
Dec
•'/60V4
;
•."' 7% Jan
7,766
-
29%.
28
29%
*
fi %
.
2,850
•
44%
-r
'
25%
8 Y*
A'j>'
50
Manufacturing
12%
13 34
2,451
16 y4.
45%
_
.
Philco
Dec
Jun
7% Nov
55% NOV
^
21% Jan
131
f'?:
15
'•
50
■
Philadelphia Electric Co common.
Phila
Dec
27%
Jan
62
v.-v-d-'i
$1
,
/A'/ 196% Nov
43% Aug
654
11%
50
Pennsylvania RR
—
Penna Power & Light—
*
28%
Jan
.
60%
16%
,
Power & Light——
Penna Salt
935
845
13%
m
Lehigh Coal & Navigation—l—
Lehigh Valley RR
Pennroad
IIV'4
12%
Jan
\L0W
/
{
National
Jan
Jan
78%
59%
;..V).p
;
%Gimbel Brothers
?:}}'■!>
Feb
Feb
•
78 Va
•
v
1%
Wis
23 %
21%
52%
10
Dec
,
13 %
Motors——
Dec
Nov
-
16%
9%
6
5%
109
v.
132% 138"%
1
General
Feb
'
Chicago Stock Exch.'
Chicago Board of Trade
New-York Curb Exchange Associate
'
;*■/
Light—
27 Va
Jan
126
,2,260
55c
■
Dec
Jan
93
•
909
s
Dec
11%
10%
100
Dec
33
Apr
187a
.
454
2%
com—12%
Members
5 '§ 138%
common—i.———* vv: 22%;
Battery-L—.—-~
5V'4
St. Louis Stock Exchange
;
Electric Storage
17%
157%
;
-r"
-JDelaware; Power &
/
Edward D. Jones & Co.
.
High:
13 ; : 35%
•
25%
• V, 24 7/s
Wheel Co—
Budd
•
Range for Year 1945
1,009
-
29 y4
28 \\
common—-——5c
Locomotive Works ▼ t c
(EG) Mfg Co common
Baldwin
Budd
31 Va
188% 193y8
28%
193%
-100
Tel & Tei—
American
.25 V\
Jan
111
68
67
St. Louis Listed and
Low
High
Low
30%
Jan
for Week
•
i.-.-.i—r---.
3% Aug
1% Mar
181-4
Bales
Week's
Last
Stores
•
,.
380
•;
Dec
12
Nov-;
/11 % Dec "
20 V4
2%
1%
\
—
.
common.!—-—-1
—.———1
fetecl
———*
Brake—.————-•
Westinghouse Electric Corp
American
• •.
United States Glass
Westinghouse Air
..
Jan
/
'*
Bros—-—--——————*
Mining———————1
Vanadium
Sale Price
25 Va
Feb'- V:-
4%
175
Shamrock Oil & Gas common——1
Standard Steel Springs—
^
1—
25% July
•
Friday
Jan
9%
•:• /:
.
7%
/,5a-..'
Reymer &
San Toy
37% May
.
Jan
363
53% 53%
3538
.
Jan.
17%
112/
a23%:
a23 %
Z
—*
-1
Pittsburgh Steel Foundry com
Renner
a50% a52%/
5
—
i---------_r.* v/;
GaSv—-—a—,--—5 ;f —^
Plate Glass new—
—10
—
Screw & Bolt Corp———11%
Pittsburgh
Nov
Apr
44 %
12
6%
//• Preferred'
Dec
34%
Jan
fi 446
Dec
Jan
13
;
189
10 %
12
Pittsburgh Oil &
Sep'.-':?
1%
59%
IV-10% Jan -/
894
/••
10%
■,/i-
12
■
Pittsburgh Brewing common—
-
Jun /
822
19%
Dec '
•;/"7% Dec*
10 %
;.
220
/
High.
42 Y*
Apr-
3%
/.
870
.
;
./
115
16
Corp
98
127
/••;'-27%:
10
50
27%
115
—1U
Fuel Supaly—
Jan
320
10%
——^-1
Mfg
McKlnney
Apr
319
•/./
22Var 24%
-*
117%
53 V*
6V«
/
•,;■;
Jan
28 %
295.
—
—J<»
—
—
//' 84%
2,055 "/'/v
33%
33
■
Pictures Ina——: \ 33%
Western Union Tel Co A———.—••—a^o8
Westinghouse Eiec & Mfg Co
12 %
38
Willys-Overland Motors, Inc——
•! Y?
<
Woolworth Compbny (P W)———10
Gas
145
36' ; :36
Iv/// 4%
4%
a84% a87%
-4 A
:
f
Glass
Mountain
National
--
;
—
Refractories
preferred—
Walker
8tar
^5
\
al46%al49V«
a52% a53%
6%
26%
143
al04%al07%
Bros
Warner
;
'
•
Jan
17%
335
a213/a a22%
---* &107%
100 al49/tt
10 / r" '
Carbide & Carbon Corp
Union Pacific Railroad Co—
United Air Lines, Inc———
Union
United Aircraft
-
--
44%
Candy—-————12%'.12VV
common-—•
Range for Year 1945
/,/./ Low
—
Jeannette
a61'/a
39
24%
.
Sales /
far Week
Shares••'
High
.
——•—*
Co
Gas &. Electric
Harbison
Jan
49%
'Low
•
.
10%
0
common---^
Range
of Prices
■
10
107/8:
Continental Commercial Corp com-—1; ;' *•••;
2% v'2%
Devonian Oil
————,—-10,
—■
25 .25 '
Duquesne /Brewing. —
>,-5
33
33
Fort Pitt
Brewing
1
8%
8%
9Vr
Jan';/"'
18%
Week's
-Sa,e Pficc''
■
-^1—-r——,--;---100/.-L;
iD;LX
Columbia
3114 Mar
-
1,275
■
W.■ Bar" "•;• '•'/;•; : •
Ludlura. Steel—44%
Arkansas Nat Gas Co
Jan
20''ft* 11%
a22% a22y2
'iTOCKS-r:
\
Allegheny;
68 % Nov
21% Nov
Jan-/,/%
5712
460
'
;
;/';/■ 35 V* Jan/r
223
68%,:
Jan
29%
'
Co..
Assoc Oil
'
--
Gulf Sulphur
Texas
/
34%.: Jan
160 zr
a44% a47Va.
43T« 43%c
32%
2?j
——-—
Dec
Dec
/ /
738
17%;;;
68%
r'
19 y8
25%
1,641
'
--
Jan
JaU'./.v, "32%
Clark
Inc-i--—--—•'MV/a '■ :•
Brands,
Standard
Standard
10 y8
101
a59% a59%
;
a5J? /a jv-
V;/;
35../,
•
'17%
-
•
}!,'? '
15
■
Pittsburgh Stock Exchange
'■•'.:Friday ;
-/;lv •'"••/
Last,.
V
High
•'
19%
1,110
1,433
18%-
a31% a31%.
37 40%'
Seaboard
Socony-Vacuum Oil Co—
Southern
Railway Co-'—-——t—
High
\ .31;,
-
Sears
;'C 2 Low
"
18
i
Range for Year 1945
Shares
of Prices
Low
■■i 'par
■—.*
/';;//
; ,/•
i
for Week
Range
Last.
.w".V/: -///SalePrice
'*•>STOCKS—
■
11^
WEEK ENDING JANUARY
RANGE FOR
Sales
Jan
34
Dec"
Jan
.49
NOV
Nov
-
35
25% NOV
,
■
'
Westmoreland Coal
•24':-/v'
22%
—.—i10
———i.—.20-
Westmoreland Inc
43%
A:43'.//:
.43 y8
>
.
18%
'
195
-
25
x
Oct";
30%
Jan
•25
Dec
■V 41%
Dec
C^HAWAN J.IStED MARKETS
GE
Toronto Slock
/
''"
.
■>/■•
Abltibl Power &
\
;
Par
Paper common.——•
preferred
preferred ———
Acadia-Atlantic Sugar common
6%
-
7%
.
.
*
—100
100
Low
'/•:
97-
—*
180
22
1,720
103%
105
140
100
•
104
31
Preferred
AJax
Gas
OH
&
Oil—
1
& Gas
Consolidated
ay2c
10c
...
H6
„
.!
1.65
•
•
Cooper
Aluminium
Aluminum
100
—•
100
•
•
Ltd common
of Canada pfd
Anglo Canadian
Oil
Anglo Huronian
;
Ansley Gold Mines——;
Aquarius
Area
1.58
1.65
PorcuDine Gold-
Mines
•
1
_1
1
/
22 y2
24%
103
v.
/
150
,160
106% 107 %
1.10
13.900
1.30
10%
30c
65c
85c
19 %c
24c
■
.
;
Athona
14 %c Aug
30
:
footnotes, see page 225.
';
—
Mines
-
Dec
Aumaque Gold Mines
Geld Mines
Aunor
2.35 May
21c
20c
Jan
Bagamac
Mines
Dec
50c
Dec
Bankfield
Consolidated Mines
23
Dec
Bank
98%
:
10
7,190
?'-• 815
•v'99 :■
:
99% '
/.
:38c
1
Montreal
Feb
97
Jan
103
Oct
Bank of
Nova
95
Feb
134
Nov
Bank
Toronto—
100%
Jan
73c
Jan
107
1.30
Nov
Jan
11%
Nov
64.750
58c
Sep>
96c
May
Jun
16c
May
27c
Scotia--^—
=
Bathurst
Class B
.
79.800
10c
Jan
59c
78C
93c
25.500
27c
Mar
,1.40
57c
'/ 50,600
■128c
Aug
12c
15c
39.200
68c
76c
352,950
15c
July
39c
63.400
30c
Dec
50c
65c
1.38
56,900
4.50
4.80
8,460
Bear
—1
1
Exploration & Radium
Beattie Gold Mines Ltd—
l
7
1.46
1.57
v
Mar
74c
3.60
13c
Jan
;
96.350
•
96,043
10%
Jan
1.610
16%
Apr
25c
-
,22
7
7»/i
1.41
1.49
1.41
1.60
j
r
95c
Dec
45c
Nov
1.0? May
88c
• -
Oct
1.90
Apr
Nov
22y4cApr
22 y2
Dec
•
.
26% May
34
Dec
•••
105
34
21c
Mar
275
34%; 34%
5l/4
;
21c
4.75 Nov
24c
5%
,
Nov
63c
X 54C
24
Oct'
62c
Jan
18c
21%
.
DecNov
Jan
46c
,
333i
22
..V
Dec
40c
35C
158,700
1.25
23V'2c
*
a—*
—:
6%C Feb
;
7.300
V
60c
,
A
—
2%
5.432
54c
:
?
'
Dec
,f.;99%. Dec 5/
Dec
2%
35c,
.
.
Power class
Dec
1.75
2
43c
J.„
23c >
24 ;■
34Va
—
Base Metals
Dec
32c
of
Barcelona Traction
Oct
Dec
7.60
of
51c
1
10
,_10
10
10%
Dec
9%
Dec
7%c July
-
9
;
70c
j; 38c /
45c
64c V
1.25 "4.75
1
1
y——
—
Feb
15c
High
ipl LOW
44c
80c ;,;
\
Range for Year 1945
Shares
High
Low
48c
1
1
1
1
Aubelle Mines Ltd
■
For
Mines
Yellowknife
Atlas
Nov
20c
29.600
/
1
":'Saler;'ri
for Week
47c
-l' V.: 57c
:
Ashley Gold
Astoria Quebec Mines
Dec
Dec
32.500
540
10 %
28c
__
21c
100
1,105
20%
116
Mining
/;
/
*of Prices
;■ 'fT 2%'
Dec
107
•j
100 -i 99% /;,:';:
—1
;
Armistice Gold
Arntfield
14%
1.195
...
B
1.24
28c
78C
/
Apr
1.25 Mar
43,200
,103
130
Feb
12c
166.625
*
.19%
113
14:800
55c
45c
146
106 V*
-
2,000
9%c IOV2C ;
Sep
7%c Jan
2,600
"
10c
Aug
'•
/$ale Price
■■Paf''p-y
* ;■/
10
1
Mines
Dec
180
17 ; '
py-y 5p
21c.
Jan
99
•
120-
116
46c
——
■/
10c
/ 31.
24
Alger Gold Mines
Aleoma Steel common
Preferred
;
116
21c
Alberta-Pacific
aidermac
30
96
140
40.
178
v.;
22 'v 20%
Mar
Gold
Arjon
Dec5
7
44
3,462
—
•/'/■Warrants
••"■:• High
2% Mar
15,540
•
Corp, Ltd common
i|S4%&. conv preference—.—;—,
Range for Year 1946
Low
;;
}''■*'*i'''';, ii;'V-
Argus
Shares
9%
96 100%
,
'
High
8
8 Va
Agnew-Surpass Shoe, common—;
*
Preferred
—100
Acme
for Week
'
Sale Price H of Prices
STOCKS—
,
Range
'.':•■• .Friday
/ /•;/ :' Last' •
■,-ftp;;//"•
V://.•; .• K:.P
/; ;:4-:v-,/./
•
Sale*
Range
f/I//';/-'/;'/■
"i !•
' ."STOCKS—i-. // ;
*
:
Week's
Week's //
pPv+p'r Friday
'"Last-;-
Exchange
Canadian Fnnds
;
F0B WEEK
ENDING JANUARY 11
27y2 May
34%
Dec
*
30
63.550
/
22
235
4
Oct
12 %c May
14
Jan
5
Dec
24 %c Mar
20 Ta
Dec
Apr
7
Dec
58.175
1.22
Jun
2.33
Feb
20.944
1.24
Oct
-•
-110
3
1.90 May
FINANCIAL CHRONICLE
COMMERCIAL &
THE
Number 4455
163
Volume
LISTED MARKETS
CANADIAN
RANGE FOR WEEK
;
ENDING JANUARY U
Week's
Range
Sales
for Week
of Prices
Shares
Friday
Week'a
Bales
Range
for Week
of Prices
Friday
Shares
Last
Sale Price
STOCKS—
-*'•,
——*^'
A,—,—
Beatty Bros class
'
Class B
•
———
63c
-
182
15
1.30
•
14%
,
—.*-L.a..1 /
' 15
17,600
520
2,140
14,050
-
40% July
30
Sep
Dec
82c Nov
15 - 1.35
35
.
1.25
34%
74c
77c
90c
40c
38c
45c
18
134,523
aaaa_;.*...aa.'—*
Blue Ribbon common
*
.Preferred
—-50
16
14
13%
"Ar
'
74c
;Biltmore Hats
Blue
class B—.
Top
000J0 Mines Ltd.
Bonetal Gold Mines
Bonville Gold
*
37
Dec
1.46 Jun
Tar
J
.
41c
28c29%c •'•>
:
Jan
Jan
•
—
•
Brazilian Traction Light ds
Brewery & /Distillers
p" ' 1 p:
V-'
;-p.'-'
'
Pwr com—*
4.-5
i—
H'v
British
Columbia
-14%
Jan
12c
—A-i..*:
Packers, common—*
30c
•
B
Class
•
28
-
4%
——a———,—.——*
British Dominion Oil—
* I
4%
45c
40c
.
Broulan Porcupine Mines, Ltd.^.—.*..1
Buffadison Gold Mines—i
^
1
Buffalo Ankerifce Gold Mines
39
-
>29%
,
'
t
1,35
; 1.30
1,50
•
——•
•
6.10
6.40
45c
46c
37c
Buffalo Red'Lake Mines.—43c
43c
Buffalo Canadian Gold
Mines......—*
3,900
2.150
69,383
: 27,250
47c
.
Building Products^—25%
Bunker Hill
•
23%
4%c
Bteel—^————*'-1,4%
13%
14%
—
Burlington
Co -class
Burns &
Class
24*
w-——;-—*
A
_*
B
>24
23;
13%
14%
29
,
.15
Dec
38
6,560
^
Life
Dec
5 ;
Fleet
-54
91
-59c- Sep
95c Jan
■ 5.05'May
,
'8%c Jan
40c Nov
-
18% Jan
3%,c Jan
10% Jan
17% Jan
10
Oct
<
•
78c
Foundation
65c
Power
Dec
24
:
Apr
13%
Nov
ll ii
«''it
95%c Nov
if)
—.
Gold ———,1—..
5%
Dec
10c
Deo
Exploration i.——
Dec
Feb
5
■
105%
Dee-(i f if
Oct
\ l\
Dec
f
'■{'
11% Jan
;
i,
21%
106
j.
—
Dec h 5
109%
common.
"
Giant VelloWknife Gold Mines.
Dec
H|
28c
Mar
H
24c
Apr
3.00
Class C 'warrants—.—
15% Jan
I
15%
preferred
Preferred
,-
NOV I:
■£ \
common
General bteei W ares
,
Feb j
9.25
preferred
%'%
§
fi'S
33%
32
Co
Gatineau
May
60c
Dec
2
Frobisher
8.70 Dec
iff
6% July a 1
Francoeur
Feb
5.45 Sep
24
19%c Dec
.
...
i
Aircraft
Ford Co of Canada class A—.
73 %c Jan
fH|
6% Nov-
Fleury-Bissell common
Nov
Nov.; 5 a!
Oct * \ ''M
-6.50
——
Kirkland, Mining.,
Federal
Dec
30
1,610
,
70,645
36,500
Preferred
4,000
1,715
< 630
1.251
25%
'7c
18,800
Fanny Farmer Candy Snops-.
Federal Grain common—
.
-
Dec! y
69c
160.500
——
Falconbridge Nickel
32,300
S9e
Dec
B—ii.—,
Class
■
-40 - n ; 500
29% -P 1,495
4%
•
2,705
45c
42,300
66c
Jan
40c
English Electric class A
Dec
888
68c
Jaa
22c
27,200
.
14
Gold Mines——
Eldona
-Dec
27c
82.713
14 14%
:
40
British Columbia Power class A—L_*-
13
•*:■■■
30%
98c
11,425
44c
—
Eldeif Gold
l5%cJan
••-";PP:;"P-p\-■' ''P PPv-PP P>p -p: • Pp' :"v
27%
27% 28%
2,630
' v'v-'P^PPpPP^:-''
British American Oil——.
; 26%
29%
-
70,900
1.55
41C
H',|
.Dec \ | j
Dec pi
2.50 Mar
2.40 Apr i ] ]
26
"
Jan
Easy.Washing Machine———
2*065 •
125
-
1.60
*
430
7%
845 :
j }|
Nov
Jan
26
6,300
Steel.,
Eastern-
* Jan
1.46
,
1.45
—
Mines—
13
24
Jan
210.
'
East Crest GU J—J——.p———.i.;
East Sullivan
14
Higtl
•' 15% Depp
Mar /-;•••'•
835
P 1.43
25
;
,1.52
East Malartic Mines
7',;
14,030
V
:
13
P-
—
13%
,
Low
22 Va
25%
13%
21%
.East- Amphi ——a—a— —aa—a
Equitable
Mines, Ltd—;—A—————*
Brantford Cordage
.a.^.—~a.J__*:
Preferred:
a
L.A
—————.25 -
V
common.
common
Duquesne Mining Cp—
;
Duvay Gold Mines——a—i
Aor
50
2,600
37c
35c
-
-17%
17% 18%
; >1a'; 1 16% 17%
;,_A;' - ■ 27% ' 27%
Bralorne
Chemical
&
Donalda Mines
'
413% 1$%'",
21%
Dominion Woollens
Mar
7%
45
25c
35c
.
Dominion
14% r
p
Stores
.
-
43c
!
29%e p
■
Dec
10
125
;158,020
46o 21,721
-37
28c
25%c
Mines—.——.* 1
Boycon Pershing;Gold
Aug
30c
-1,115
339
•
14
58
36
———AaI;-
Mines
•* 16 -
58
•
——*
I
1
—
-
Dominion
'■ ■■■ A.-
A.'"; ,-r
5
Jan
-
72c
21.900
Bidgood Kirkland Gold—A———I
Bevcourt 'Gold
185
Dec
15
Oct
1.62 Dec
-
-9.50 Mar V>
95
.
Jan
161;
Steel'class B—:
Dominion
,
J; l,p
Range for Year 1945
Hi°h A V'P' PP
Lov>
.
High
53c
•
Year 1945 :.Pv
Low
29% Feb
«. 22% Feb
265'
<
,'34
64c
183
34
60c
181
,
——
40%
39%
40%
,
•
—1 •
Bell Telephone of CanadaA———-AlOO
Belleterre Quebec Mines-J^-—a——1»
Berens River Mines i
—;
—1
Bertram & Sons
——A—-—.—-5
Yellowknife
Beaulieu
Range for
.
-
Sale Price
STOCKS—
Hlah
Low
Par
Last
•
Gillies Lake-Porcupine Gold...
Glenora Gold
——
Lirieri Mills common—13%
Caldwell
1st preferred
0
:
preferred
Calgary Sc Edmonton
Calmont Oil?
Canada
Bread
is
-•
L.1
2.40
50c
>
78
5
63
5
78
'
:
A'-
•
.
-
.
Jan
33c
19c
Sep
66c
73c
26c
Sep
"72c
—
A-AA--.A—Aa.^.AA-.
a
Gold Eagle Mines.-—..
Goldhawk
—
90C
1.12
65c
Jun
65c
79c
.26c
July
36 %c
-79c
9c
Jan
2.10
2.50
•
Gate Mining—
Golqeh
——.
Golden Manitou Mines
81VaC Jan
28c
Canada Foundry class A
-A Class
Canada Malting—
Canada Northern Power..
Class
B
100
Mortgage
...
Cand^b Steamship common...—.i_* •
PlH5|fed
1
19%
.50
Canada Wire class A
12%
37%
18%
-
48%
47%
48
7c
Goodyear Tire & Rubber common.
110
7%#Jan
55
Graham
60
70
Apr
565
23
Oct
-*10
10
lO^-j
731
Preferred
5% Jan
Bank) Commerce
.——.—10
20
Canadian
Breweries common——.*
24%
23%
Canadian
Canners common.^.*^...23V4
-19%
22%
'25'/a
22
'18%
34
*24%
1st
A
preferred —;
preferred
Conv
r.20
A..
22%
—•
Canadian Car & Fdry common—-—*
'>
New preferred—Ju^i25
Celanese
Canadiau
—
—
-
va
:> -"A
'
t/'i*
Sep
16% Oct
19%
20
2,264
a: ■
r-"
'H,-
..
'
•
19%
20
—*'
:
B—
37
Oct
19% May
20
A__*
-
6% Feb
6% Apr
1,240
17%
17%
38%
1,20
37
r 1.10
Canadian Oils a..———isy,
Pacific Ry—. ——i—25
23%
li
15%
5,231
22%
24%
32,239
27
27%
23%
'
26
23%
Class
Canadian Locomotive
Mklartic
Canadian
__
—«
...*
i—*
38%
Canadian
'
Tire-& Rubber a.—.—.a.*
Canadian
Canadian Wallpaper class
—*
B
__
Canadian- Wlrebound Boxes—a*
•
16
760-23,425
1.25
26
v
Gold
Cariboo
Quartz
1
j:
L.1
jCentrai porcupine Mines.A—
:
2.83
3.00
2,550
1.85
2,400
1.80 Jan
1.00 Jan
2.*90
30c '35o
7,110
1.99 Jim
46,750
46c
41c Dec
4
Mar.
25c Mar
1.56 Jan
A lilQ Deo
14% Jan
25c Sep
' 2.94-Jan
12% May
43c Jan
-
50c
•-44o-
1.41
47c
Chesterviile Larder Lake Gold Mines—1
li75
1.72
A :
335
1.87
137,490
1.80
13,796
Chrdmium; ]«Une8; A.—a-;*
tl.35
1.30
1.35
Chemical
Circle
Research
.1
....
Knitting.—
Bar
*
Cltralam .Malartic Mlnes.^.
Willans
Cocnenour
Gold< Mines
A
A
;Ceekftftutt :Plow- Co
•'■■■i-'fV-'A '&{■'
AA
A
18
1.10
^Consolidated Mining & smelting—A—5
Conwest Exploration:——
Cub Aircraft———.——...;
160
-47.688
.*.
8
* 9
110
185
.22,845
28%
29%
:
65c
l 1,57
•
60c
V 1.50
A.
43%
"98c
'
86c
1.8O
a,
'30
70c.
1.60
44%
1.02
2:00
,
.
20.100.
.270
24,700
2,300
.
14
May
49
Jan
142
Aug
LOO Juh
3% Jan
23
.Jan
52c Dec
..1.30 Oct
38% Feb
60c Jun
60c Apr
28 %
a
3%c Feb
Red
Lake
Mines—_
1.78
Distillers
Seagrams
Mining
common.
104%
J—
87C
30%
—
Dominion Coal preferred
Dominion
Fabrics common-.—
Foundries ,<*s Steel
com
Scottish
Inv
Preferred
For footnotes see
2.50
28c
60c
.
——1
3.00
I
54c
Highwood Scarcee Oil
*
Hinde & Dauchi... a a—Aa..a—....*
Bollinger Consolidated Gold, Mines——5
Home. Oil—..—..*
ioVaC
a.——a—1
1
Hosco .Gold Mines.—.——r—1
Howey Gold Mines
...
..1
Hudson .Bay .Mining: & Smelting—.—.*
Hugh .Malartic Mines—
...
...... 1
.Hunts Ltd class A———————— *
Huron & Erie common.—
_10Q
27c
;
8%
>
•>.
.30,500
Yellowknife
Homer
.
A
27o
>
67c
:
50c :
,
A
r
'
45c
54c
37%
( 20c
3B%
30c
37
Oct
6Ve
A
Apr
68c
49 645
5
220,550
95
17
Mar
Jan
42,233
22c
Dec
28,000
43 %c
Jan
145,215
2.58
Jan
•
60,000
;
20c. Apr
15%
13%
' 7% ' 7%
.
.
.
preferred—.
"*In«-f»mflt.ioraI Nickel Co common—
4% %
.
10
Preferred
32
32
43%
-
—
Petroleum—'——*
Int'ernatiori .1 Uranium
Mining^.--—:.!
.
•
26%
* 1.52'
15% 15%
60c
.' 9%
.1.25
32
-
67c
10
1.50
35
30% ^^32
103% 103 /»■
40% 43^%
_
103%
—_a_—L_—-i—a.—5/100.
AjIniernaiional
.
1.45
100
26%
17
14%
.
168
22
P Jan
4.20
25c
:
34c
Jan
20c
NOV
?
t.
1
Oct
i
54c
May
85
39
Dec
20
Mar
15% Jan
p:Dec//1;
38c
Oct;1.
41
Dec I
NOV:.'I
Deb; f
94%
;18
18% Feb
15%
Jan
13% Aug
7
A;
-Mar
12% Apr
62c
-
Nov
Jan;
8
71c
Jan
30
Jun
Feb1
22
100
-
31%
Sep
Jan
1.72
59 %c
Gold Mines———
Jacknife
Jack Waite
Mines
Jason
Jellicoe
"J
Nov
13c
Apr
60c
«#. m> -t W «N>'w'p*
«Kr
«*<**** *
18c,
Mines
Joliet
July
Apr
12V2c May
Consolidated Gold Mines.
M
Oct
44c
...A—
Jacola Mines—
\
f
Apr
51c
A 1.09
Jan
30
Nov,
17%cMay
Mar
Apr
Dec
NOV' r
4.65
Jan
3%c Jan
27%c
i
23
16%
Jan
16
158
26%
; 1.40
14% Feb
Oct
8
18
17
26
17
Jan
%c
20c
J95
' 26 Va
17'
14
" _v
'
66c
Apr
54V»c
30,825
115,557
39
95
International' Metals 'class A————A*
■
10c
67c
39
.
;
8%c
61c
Feb
15%
100
16
4.30
30c
Jan
6»A
250
23%
39%
; 29c
—; —
207^ paid
Imperial Bank
.10
Imperial Oil ——a—*——-a—..—-*
>A Imperial Tobacco of Canada ordinary.5
a
: preferred
r—£L
A
Imperial VarhisH common_^.->l——*
Indian.Red Lake———A_1
Inglis (John)_,„—_A_.„
:_6
Inspiration Mih' & Devel—A——.....1
International Coal & Coke———.—~1
3.85
10c
.
,
a
ie
4.00
,
Apr
3.10 Jan
650
1,790
Jan
5c
3c
•
120,400
11c
10c
23
15
23 V2
Homestead Oil & Gas
1,40
Dec
Quebec
Kayrand Mining
Kelvinator Co
24%
Kirkland Hudson
42%
Feb
Kirkland
70c
Nov
PpP;
Lake
Kirkland
•
Townsite
•;
.
com—.—,
—
page
225,
....——
.
p-p
•
•••.•
p
Labatt
Laxe
11
Lake .Fortune
Labrador
;
Mining
&
Lake of Woods
Luz
Mines——Ltd
preferred.—
.Mines-——p—'.
& Sons—.—.
Lapa Cadillac
———PAa*A-".
;
T
Dec
Jul*
24%C
s t
r
Api
:?25%. Dec
152 V. Nov
Si
7.25
A
20%
V
r.
-
Jun .1 ;
9.15 May-
Mines—
Lamaque Gold
Lang
Gold
Mines,
Dec
8.25
1.76
Exploration.
Dufault Mines Ltd
Shore
25%
;•
(John)
25% July
18
Feb
Apr
Mines—
Gold
Kerr-Addison
Dec
A 1.30
La
Magnesium
Dominion Malting common——A,
Dominion
30c
.1
1
Cadillac
Heva
,
Lake
Dominion
1,15
3lVac
—-1
—
Hedley Mascot
a;
11% May
Ltd
Bank
Sep
11% Aug
1.15 Jan
—.aa—
«;.a——
Dickenson
Dominion
1.45 Jan
265
1740
Delnite Mines —a.....*—.
Denison Nickel Mines
.A—
Dominion
1.33 Jan
4,867
85
138
1.25
*
14 Vt
•
5.25
10 10%;
19% 19Va
14 14%
1.06 1.15
24%c
31c
30c
34c
,, 2.40
2.70
26c
29c
' 55c
65c
2.60 3.25
52c
58cr
j 10%
"
22V4C Jan
t
P.'; *:p,V'K ' a:j':.-a •
5.00
a
Oct
12%c Jan
Davis Leather class A——
Mines
79% '
__
Crowshore Patricia. Gold—a..—.—1
Dome
500
85
Mining
a_a.__
1
iCrDlnot Pershing Mines.%AA—AAA—i-lCrow's Nest'Pass Coal———A.—100
17
"16%-,
158
—v
1*
Jun
6% Mar
503
14.800
1.33
Cournor
Diversified
Nov
35c
1.435
}
'
—•
"Corrugated Paper Box common
Cosmos Imperial Mills
8%
8.
•
Consumers Gas (Toronto)——^..—.100
B
99c
20,600
2.55
2.00 .2.18
-
" 2.40
8c
'
48c- i 48c .10,000
48c
8%
—r
,
Petroleum
75c
>1.15
1.03
.
Class
18%
_
A-"";);-
MinesiA—,—........
.5 w '
yConiaurum ,M!nes_—
—.aJ.»
. 2.12
ConsolidatedABakerler a.
A
17
Davies
90
96,700
14,730
2,725
14.900
70c
72c
Commonwealth Pete
Conduits National
f Coniagas
20
30c
4,75 " 5.00
4.8O "
...1
Lake.——
———————1
.Colomae Yellowknife Mines...
_1
-
20
28c
Coin
2,470-
25c
•
.1
—
7%
7%
6% Aug
46
5% Nov
14c
18g
7%c 8%c
5.25
—*
Carpet———
Heath Gold Mines
12 %c Jan
21,900
34c
;-Centremaque Gold-MinesA—i...——A—
Chateau Gai Wines.——
—
' 15%
VP" '
a
16'Ac
——————1
Ltd
Hasaga Mines
Headway Red Lake Gold—
,
Jan
Jan
Jan
jJan,
1.70
' 2.80
_
1.85
2.87
1
—1
;Harker Gold Mines———————.1
Harricana Gold Mines
—1
.
,
Castle Trethewey
1
Central Patricia Gold Mines—.—i A'
''•V.a'P!
Hard Rock Gold Mines..—..——1
V
10% Oct
11%
15%
1620%*
10
40
:,^a
••
A
1
*
Jan
70o
125
-
Mar
pP/:a<":pPr
Mines-.—
Gold
Harding
10
9,575
/a
Hamilton Bridge ,*aa—-~-a,wa~—.«►**
V Hamilton Cotton
,a-.; >a.
'■
'20
•',
;.aa-
Hallnor Mines
65
740
26
13%
P'V a';' ' P'^aa '
Halhwell
3,885
40%
12'/a
' v
Halcrow Swayze Mines
45% Jan
40%
25
__
.
,.v ;
Apr
26% May
7
590
16%
>;
Apr
4%
50
52c
Apr
23c
13:
,
5%
•
4
:
46Va
« —
11%
:-V tJ-A;. 50
Jan
Jan
11c
:■"
21
45Vi
7
17% Feb
10
Sep *
27% Apr
1,060
13
-a=. *■
com
5,4101.063&
20
-35
,
,16%
52c
:16%
23% Aug'
1,685
61
Canadian Food
v
805^'
.8,705""^ f
23
26
$1.75 preferred _——
—100
Canadian Dredge d—A-,—-,—A*
Products; common—*
Class A
————•
Jan
Jan
35V4 Apr
-
26%
59%
60
common—
Canadian Industrial Alcohol
24%
23%
4%c
17c
18c
i9>/2
Apr
53% Mar
20%
44- 46%;
*
Wire new common
Greening
14
8
3,135
12,903
20
19
90
16%
46Va
.50
—
.
Gunnar Gold Mines Ltd——i-j.——1
Gypsum Lime.ds Alabastinftsh——«a-*
,
Canadian
15c
18c
A
9c
,
15c
17c
20%
45%
—
—
39% Jan
1.383
85
26%
1
Paper vtc common—— *
Vtc preferred -AL—-.-a—*
Common
———_•
preferred —-AA———
*
Great West Saddlery com—
—*
Bousquet
Lakes
Great
11% Jan
85
———.
Grandoro Gold Mines
158% Jan
26
Jan
112
54
'Preferred
32% Jun
12% Apr
85
30C
28C
—...
*
May
48% Apr
26%
-——
a
37
*
Mines
Goodfish Mining ———a^a.aA;
May
20
_»
:
Class B —.—
—:
Canadian Bakeries common
•
Goldora
Feb"
318
1.568
19%
18
-
85
10
30
175
590
3,520
40
37%
17% 18%
178182'A
37%
.♦
.i:——
Canadav Permanent
57
12%
57%
—•
135
>
25%
-"45
57%
45
__
——4
Packers class A—
Canada
135-
24%
25'k
*
*
9% Apr
2,095
15%
135
—*
B
14%
14%
>
Dec
3c
•
Canada Cement common.——.——*
Preferred"•».———^100
Jan
4c
;
9c 101/4 c
Golden Arrow Mines-
Dec
88c
'
.....
A'
Vv-'-riZ'.
-
Goldcrest
27c
'28 %o
God's Lake Mines Ltd—.
Goldalc Mine
Oct
Jan
101
9
'
78
1U0(
A-A
Jan
11% Jun
1.70 Jan
' 20%c Aug
150
25.675
13,900
3,725
60
7%
8%
—.——50
preferred-
Aug
8
27
355
50
102% 102%
"*
common
B
Class
4%
,
11%
i3y2
28Vi 28%
17
19
2.25
2.40
; 45c
51c
28%
2nd
i
:<i j|
i
Oct c i
22c : Apr
11
THE
222
LISTED MARKETS
CANADIAN
ENDING JANUARY 11
RANGE FOR WEEK
•
STOCKS—
;
'
'
•..';7;.Z77V-< .7-L
Sale Price
"
Range
of Prices
Fflf
'
7; 7,'.Low
.
Oro
MO*1
;Low
7c
20
10c
Apr
Jan
3c
Jan
1.15
15,450
1.55
6,300
16c
1.40
58,500
43c
2.90
27,910
25c
,
1.55
•
1
1.34
1.25
*77 2.85 ;7-' 2.75
29%
28%
•
28
267/8
1 0, 1.53
1.40
* J'38c 7, 35c
Mines
Llngmam Lake Gold
Ltd™.
Long Lac Gold Mines
Little
Loblaw Groceterias
Class "B"
25
1.54
1,745
18,300
89c
.
Yellowknife Gold
24,300
30c
Dec
Mines.
6,772
3.85
5c
Jan
4.30
20,775
12.480
Dec
90c
84,400
3.25
Jan
20,500
2c
Jan
Preferred
50
£111.% 777-11%
,10
——————
'
B
Siscoe
10
Feb
,12% July
12
Jan
16%
Feb
Slater
(N)
Jan
July
15 %c
Apr
South
77c
102,600
43,700
24,000
{
f1.39 Sep
Springer. Sturgeon
Dec
McColl Frontenac Oil
Preferred
15%
Dec
Standard Chemical
30%
Nov
j.
McDougall Segur
_-a—^
Mclntyre Porcupine .Mines,—.——ft
McKenzie Rett Lake Mines————4-1
McLellan
™1
Red
McWatters
Gold
■
—
Model Oils—
Moneta
common
Grocers
-
-
„
class
A
Negus Mlnpa
r—,
7 New. Bidlamaque 1
New Calumet Mines
—',r,.
Yellowknife
Nib
Nicholson
-
|
Mining
Mines
North
Oil
Star
.V
--7'.' 7.
■
O'Brien
Gold
•• -
Ontario
Loan
Pacalta
Oil?
.S;
'
Page
(new)—
'• Paramaque Mines
Parbec
Malartic Gold
Gold
Perron
Mines
r-r-*
1
-
Jan
20c
Apr
22c
Dec
35c
26c
Apr
5
Jan
'
K
V
8
Dec
40c
Oct
68c
Apr
21c
Nov
30c
Nov
112
16% Mar
22
6
Sep
50c
Dec
:
.
Vicour
Dec
69c
Jan
107
.
West
1.40 July
29
30
2.17
34c
2^85
29c;
8c
•
26% Aug
31%
2.46
16,000
24c
Dec
17c
Oct
i 27c
Nov
5c
Feb
16c
May
37c
Nov
88C
July
-
30c,
31c
8
57,493
82o
29,500
35c
Wright
8
325
5 Vb May
8%
1.60
17,900
1.06 Jan
1.75
Apr
28
24%
28
"265
45c
24,667
-
——^———100
98
:
,
36c
24'/a
5.25
York
9%
2.93
Apr. ,7
Dec
80
Dec
6T
' 20.809
35c
Knitting
55,200
62,400.
2,200
30c
32,199
.7,634
686
100,200
69,000
1,220
12
10
2,425
105
70.700
,9.329
310
28%
104%
105
25c
30c
'16 17%.
97
99
,35c 40c
24%
25
27%
.
20,909
,350
7.020
^
5.05
.
33c
30C
15/a
,
—
5 25
Mar
7.500
43c
39c
16
252,200
40
$1,800
;]
!
Jun
3.35
-10
Aug
18%
Dec
Feb
40C
Dec
4%c Jan
15c
May
Jan
4.05
Apr
Dec
1.50
69c
Nov
48c
72.50 Jan
3.70 Oct
.;
Jan
50c
5.70 Oct
7
Jan
88c
Sep
25% May
3.05
28% Feb
Apr
40 V2
Jan
90c
Jan
1.40
Mar
10
Dec
23
1.25 Nov
Nov
Nov
146
111
Mar.
12
Dec
24c
Oct
48c
Apr
Apr
30
Nov
17
1.30
17% NOV
May
36c
May
27%
Feb
3.15
Jan
8
Dec
12%
Dec
11
Dec
11%
70c Sep
7 30% Dec
Jan
Dec
16% May
24%
40%
Dec
46% Mar
3%
Oct
July
•
3,545
13,300
12,200
H'ono
.
,
'
Aug.
15% Feb
155
..
4.50 4.90
117 125'/4
22 22%
1.50
1.67
44C 60c
25
29
146 J/a 146 l/a
160
160
42c
Mines—-——1
—•
common—.———*
Ymir Yankee Girl
Oct
1.45
'
28
————1
——
5
Hargreaves Hines^————•
Vellorex
Oct
8
1.50
•
1
—
160
common
Wlnpra Gold Mines—
Wool Combing
Apr
59c
Dec
30c
64c
common^.————*
100
————*
——
Ltd
Preferred
Oct
Jan
47C
29
preferred
—100
104y2
Wiltsey-Coghlan Mines
—1
25c
Winnipeg Electric common—16%
Nov
48c
8c
16,600
—
4%%
Oct
1.19 Jan
159,000 :
——
Preferred
Westons
'
9,615
35c 7
25c
8%c V
Malartic
Western Grocers
Feb
18c
125
Lake Gold Mines
Westeel Products
8% July
•
75c
1.65
Jun
Mar
; ; 20c
22Va
1
————1
——r_.
*
—
30c
—
,...,1,^.—*
NOV
17
——-——4*—-1
Preferred
Wasa
50c
25c
Dec
80
2,828
17,900
105
15%
^13% 15%
13 %c13 %c. 15c
83c :
65c
84C
.*
Sep
7%
Dec
915
4.85
Oct
1.20
|v.5./-/Jan.Jf
Oils
,
.mA
—1
Mines
Vulcan
„
Oct.;
19%
2.00 Oct
530
Walte-Amulet Mines^ Ltd—
L4—*
Walker-Gooderham & Worts com
•
Sep:
9,500
29c
United Rtfipj'
Ventures, Ltd. —
Vermllata Oils
.
;
1.07
2,980
7,500
25
65,900
27
;
Dec
7%
49%
250
8% :■
14c
Dec
7
Jan
2,020
15,600
30'/4
'
'
7
"' -7 7':. 13c
' 9%-v7 8%
1 <
2.88
2.80
—
Dec
May
3.50
25
f
100% Dec
Nov
16% Apr;.
30'/4
—,25
—•
—
,——7
•
10
4,305
130
23
325
;
1.84 Feb
1.10
14
r
Dec
: Apr,
72
6,365
585
14,825
40% 41%
—
41'A
.
Nov
.
12
410
—
-
Upper Canada Mlne»' Ltd>7
4.00
;
Apr
—
Nov
'
Jan
1,175
,
9,700
30,040
17% •
17%
Jun
Nov /
20c
><*
.
Aug
70c
76,000.
iso
23 23'%
4.90 5.25
1.25
1.30
59c
66c
21% 22%
2.15 2.35
36
36
143; 144.
11% 11%
11% ,12%
31
35c
26
26
1.30
1.53
Dec
100
34
!60
_25
20c
3.05
53c
^ ro
26
29
Jan
6% Nov
#
Feb
64c
Jan
14
10,700
2.70
50c
Dec
,
Dec
7 1.12
3% Feb
11%
11%
40c > 36c
•
—;.l
—
—
—50
United Oils
; ;;
1.63 Mar 74*
1.05 Sep-
123,985 V
J
t
Dec
102% Dec
"
Mar
99
» 7
18ya
43c
41c
--
B——•
Class
.
May
Jan
1.41
Resources
United Fuel class "A'
Class
B
i
i
Dec
1.14
28c
1.20
1
—
United Corp class A
Dec
46c
67%c Apr
,
*
——-
—
Union Mining
Dec
V.:7 8c
80c
1
Pen-Ray Gold Mines
Peoples Credit Securities
,
Union Gas Co
Sep
v
1
Paymaster Cons Mines Ltd
Dec
1.65 May
Dec
37c
—•
Finance A—————
Traders
11%
32c
—1
Exploration
63%
7c
:.
—
1
Malartic
Partanen
Towagmac
.
—
.
143
50
Sep
20c
36c
—
Iron common,——
Feb
30
'2.72
—*
„
5.20
Twin City Rapid Transit common—-i*
126,500
—1
—
Transcontinental
'1.20?^ 1.05
Ltd—"
Mines
Porcupine
f
Apr
:
20c
:
Elevators—
J:
235,852
20c
«> ka
2.30
7*'
7%c 12%c
.
Dec
Nov
Jan
80c
7
18%
53c
1
—•
100
1
Dec
200
1
27%
724%
3
16% May i
..::
Feb
0 7
82
50
80
,
ll%c
63c
Nov
15,200
12c
7
?
7
..
1.15 Dec
11,550
26,633
3.75
l'! ^
•
May
I2V2C
720
.
17c
2.95
1
64c
Feb
220
Nov
15
3.10
78%
"* 7
30c
22c
16%
J/
7c
15
15 %
52c
W*
•; 4.25
Dec
\9
Refining———«•
Hersey
Dec
57c
'
—
Pandora Cadillac
65c
38c
7'jr... ;-7v
j
Nov
6%c Jan
260,100
'0 IV2
;
Toronto
Apr 77
•2.26 Mar
27C
' *
Preferred class A-——,——.
75c
64,400
t
r'1*
'*
Toronto: General Trust——
0
Nov
25,000
34C
30C
24e
16
52c
Toronto
;
1.85 Feb
10,950
113
112,
21V4, 22%
—,
Nov
64c
/
;'
Nov
14
3c
29,400
55
505,
105
166,155
88c
49
4lc •
Canadian——————5
Toburn Gold—
24% Nov
33,069
•
;
84c
J 3,870
66c
276
-
*0.00
Petroleum
Pamour
58c
-8,700
•
|
.3.80
Vv 31c
28c 0} 24c
„*
•
i-;
8%
3.55
32c
„1
—
Pacific Oil &
Pacific
1
3.6O
^
i:20
i*
50
76,300
0
f
2.35 Jan
•-49,700
1.15
'
6%
»
Tip Top Tailors
7/
Jan
35
27c. DeC
8,320
NOV
14
23
40
7,656
2,015
I9®
7Va
—
Cons
Thompson-Lund Mark Gold Mlies
-
30c
168,976
28C
;
Mines—
Car
13c
1.25
lie
1.10
8
30
Feb
1.26 Jan
700
35c
35c
8%
July
'
-
Texas
V
33c
8,100
36
May
43c
101
' 8V4
21%
7'/4
95c
19%
—
pfd——2-——7—,———*
X
(G) common—;
Teck-Hughes Gold Mines ^1.,—'
*
Dec
17% Mar
12,909
1.05*
•■206
50r
common
Gold
Ottawa
17%
21c
1.17
1
——1
—
Feb
34,700
2,300
17c
.
•
Deb
&
Crush
Orenada
72%
Feb
: May
64c
•50O
100
7%;
90c
5®
.80
Tamblyn
:
"
7 25c
Ontario Steel common.—
Orange
65
99c
* W>\66c
Omega Gold Mines
Omnitrans Exploration
;
12
194,300
27C
: > ; A9c
'7
*-
L_1
O'Leary Malartic Mines
;
ioc
13
10'/a
12 % 13 %
■
—
3.65
*:
Sylvanite finin vriwoa
39c : Nov
10,300
9,115
70c
+:■.::.7vv
Mines
-
3.85
VI;
Oils
Okalta
53c
3.70
•
com-
'
Jan
20,600
1.62
-
,
Sontact—
1
Mines,—7
Surf Inlet Consol Gold—50c
>
Nov,
20c
-
Sullivan
Feb
270
225% Mar
1,110
116
1.15
25c
;
«.•
Northern Canada Mines
';
-
Apr
15%
80%
common,^-—'
25
Sudbury
Y
24% Apr
Dec
% 71
Jan
57,
23,310
18
1.50
—
—
,
x
".71
-
Mines—
Northland
.'
40C *
1.02
Ltd
Corp
Norseman
>
278'
27c
f 25c
24c !;-V 22c
l ;:
1.10
20% Mar
7,802
7;m'"813V
."..-■-7^5/
•'75"*
V"
Dec
39% Nov
v
•
48c' 48c
70c
65c
—-1;
——
■
25
*
28
,JL
Oil
Stuart
25c *? Jun
:
Jan
22%
3.85
1.10
7
Coal ,—--—1Q0
Sterling
Apr
9.90
Jan
53c
160
^
Oil—-—
Normetal
19,700
355
5
Norgold Mines
•
85c
4,550
•'6-
—1
Noranda Mines
j! Nordon
Mar
32
Mines
•!; Norbenite Malartic Mines
20
27%
1
—
200
;;
Dec
1.99
29%
•:
.
7
Nipissing Mines
Jan;
40
24c
39
Jl.52
33c
13c
17c
24%
1
,
May
1,500
31
,
'
—•
-
Steep Rock Iron Mines—*—..
18% Nov
29,500
57,175,
26%
•
<
National Steel Car—
39c
.
Jan
,•
-1"
—
Preferred
Sep
246
17%
29
31
—20
Sewer
:
17%
29%
•
common
Preferred
National
12%
82c
75c
24% 7
24
—75' ' 70%
_1007*7 4— :7 278
1/ 7
37c
31%c
Long Lac7,—1-^—
National
16 %c
9.85
July
4
99 7
17,000
710
1.30
jOOVb
8%
21%
•
common
Steel Co of Canada
Sep
44c
12%
Dec
9
4ftrt
26
80
1.02
Sturgeon River Gold
•
& Power
A
Mosher
lilAc
24c,
10
22%c Jan
505
12
? •
Jan
Jan
16c
,
7 -
1.21
-
Stedman Brothers—>
Dec
■
Paving
Starratt Olson Co^—
1.85 May
-
—i
—
Light Heat
Corp
Class
-
common—
Porcupine
Montreal
Moore
&
Container
38,500
30c
15C
' ♦
—I
—*
.
6,000
103,253
18%
;
•
77
Jan
4%
7c
-
Dec
9
10
19%
common™-—,-—-*;
100'
Standard Radio
Sep
May
25
80
,
1.29
Preferred
Dec
: 19c
1.35 Mar
20.025
18
LJ'18'/a -'
& Gas—————
Mid-Continental Oil
Modern
—■
—™-
..
.
16%
109
May
Oct
8c
59%
43c:
,6C
37c
27 %c
40c
30c
i
Mines
Mercury Mills
Mining Corp
Gold
Lake
105
405
:
1.70
;:
;
—
-
McMarmac
Standard
July i
20
..
.
'
19%
,-r7»
-•
Preference
■
110
2,500
776
77 7--'7 7-" 74
•
1,62
- 1.62
Mar
8% Jan
5,740 "
10511 Vac
lie
>
—.
*
19%:
.*19% 747,17
-105 77105
•
100.
,
—-
25
8c
Stadacona Mines
8% Mar
58c
25c
56c
7
1.10
Nov
28c
$X8'zv:oct
20
-
-
—
19%
51c
22
38:
37
'
Sep
30
321
Southam Co.
Dec
24c
77 2.25 Dec 7
Sep
Sep
7
3,051
7190
162,816
45,000
-1
-
270. Sep
;
9,400
2,570
-
—
'r
10 :7
10
;
—20
Mines—
Malartic
Bladen
•
„
;;
Oct'7't.
'1.75
v
:
12
:
510 i
.,
28%
End Petroleuniu.....w.w.., .MN,*
8c
Feb
15
27%
•
24%
1
Gold Mines™
,16%
/
Dec
29
23% 24%
'102% 103%
7; 1.25
1.03
1.40
28%
•
—100
Preferred new
Apr
9c
0.
; 13%
—•
new
Jan
26,050
66c
29%
,72457
36
j36 .77;.
10
7713^7^3% 7777-:i25 :
1—.10
Simpsons Ltd A new
Dec
65
15
Oct
Dec
65c
10
615
.
;
22
1.66 Jan 7
1,125,782
/44-
—,
—40
4,065
%~15
14%
>i j5c
Maralgo Gold
-—wi——'-il
* 14%c -y12c,
Marcus Gold———.
i——1-t
; 1.35
.* 88c
I35"
7: ;•
S, \;V-.
•. V
^
Marion Rouyn Gold-,.,—1
38c ' ,. 38c 4 4lC
28c
Martin-McNeely Mines
.
26c
- 24c
15%
Massey-Jtiarris common—
• 7/ 15% ; 14%
29%
Preferred
-JO ;'t>29%
*. 29
McBrine (L) Co_
_*
—T9 7:;'18%;, ,19
3.65
35%
:i
Feb
53c
845
37%
37
•
Dec
16%
143,400
3.100
J5%> 15% ' T
common——•
new
12
11%
7^0
Leaf Milling po common—
Maple
1685,810
Nov
.
15
'7 1.64 Nov
'
Xv;-.: ■ .*
-a
10
**50
common——'
Maple Leaf Gardens
'
5%c;
;37
18c
.
Jan
31c
37%
•
__
Jaxi,
12% May
100
: 2.60
3.15
7.<•
a,"-'
Preferred
4.15 May
73c
'
^
Dairies
Silverwoods
Dec
5.00
Jan
2.17
Dec
85c
'X 7
vv
Preference
Dec
3.75
■
4.75
c
i.78
1
Silknlt Ltd commotfi.
Nov
5.25
Dec
2.25
.
Manitoba & Eastern
Jun
3.75
•
Mines—*
4.05
6.95 Nov.;77
.
5Va(* Jan
8,300 '
'
'
Dec
79
Aug
'
Jan
3.15
15,161
6.50
Gold
common-———-—J*
Voting .trust:
.Sigma:
—-—^1
Brewery
■,
—
3.70'
Creek™,
47c
1.75
63c
High
Low
60
11.323
:M
14c
15 y4
1.63
22%
65c
1.78
.71.50'1.35
1512
22
—1
—
77
10
5.90
5.50
Range for Year 1945
Shares'Ji'
94
,
12%c
15%
13%c,7
•
105,465
4.90*
—1
I
.
____
7
1
————50c.
Pherritt-Gordon
Sicks'
2.09 Mar
80c
it
94
A15.75
1
—-1
Rouyn, Lta
Sheep
Nov
.;.'y f-
4.70 ; 14.50
-.7. -6.?5 y.; 4.60
MacLeod-Cocxsr.utt Gold Mines
—1 • > 3.55
- 3.45
Madsen Red Lake Gold Mines1
4.60 ,.
4.50
Magnet Consolidated Gold
:
1
77c
77c
Malartlc Gold Fields
—„1
» 3.65
- 3.35
—7
Macassa
MacDonald
'
'
-
for Week
Range
of Prices
Loto Hiah
1,
,—100
Gold Mines Ltd
Shawkey
Nov
28%
Mar
Par
Shawinigan
Dec
30
Jun
41c
:
Goldfields
Louvicourt
Lynx
840
*28
benaior
Jun
3.00
Jan
1.22
26% Mar
29%
-—•
class A
'
Scythes Ltd common
1.86 Nov:
Sep
Paper pfd
Gold-—
River
Sand
Nov
48c
Sep
.
^
Antonio
San
Oct
i25
-i
.
Last
v
St Lawrence
Nov
30,000
25%
55c
15% Aug
1,470?
20
^un
256
50,750
48c
1
43c7v' 41c
Candy
3 X;: 197/a
19%
Mlnes^7—.1 * ' 7 7c
5%c
Legare preferred
25
"7 25%
Leitch Gold Mines. Ltd
1 % 1.50
i-1.45
Lexinden Gold
1
23c
22c
record
Laura
Lebel
'
'
Sales
.Week's
Friday
Sale Price
STOCKS—
v.'V-Vh":"**-*
^945
Yea
Range for
Shares
High
Lapaska Mines
../'iy,1/;-.-'/
.•
'■
far Week
Last
.7
7.;.;'.-
Sales
p'j00\. Friday 77 Week's
j
1946
Monday, January 14,
CHRONICLE
COMMERCIAL & FINANCIAL
8c
July
14c
3% Apr
1.80
Dec
6%
8% Dec
;
$
Sep
2.89 Dec
16% Mar
.11% Sep
Apt:
32c
11%C Aug
8eo
17c,
1.05 Mav
Jan
60c
28c
Dec
5.10
3.40 Aug
Apr
;
Dec
117
69
Mar
21
Oct
Jan
1.77 Mar
7
22% July
1.20
1.63
15% May
Feb
26%
Dec
40c
Dec
154
145
Jan
160
18
Jan
29
99
Feb
106
Jan
; 4ic
8c
Dec
Oct
Dec
,
Apr ,;
Jan
Dec
.
16
July
48c
."..25.7
:
:T
Nov
Dec
•
Apr
7
Dec
95
30c
7
7
Apr 7
17%
68%
'6
/
Sep 7
Jan
128
77
Nov
5.60
3.30 Jan
7
'< '
65C
3%c Jan
9% Feb
-t'o
■'
*
37C
Nov ?:1
Oct
43
:
May ;;
18
Dec
32c
Dec
.
'
Photo
Engravers
Picadiliy Porcupine
.
,
Powell
Corporation
Power
•:
Metals--—.
Pressed
East
Preston
6.50
6.65
Feb
Dec
7.50
Nov
1.01
Apr
Jan
55c
48c
65c
19,100
55c
Dec
50c
51c
34.200
25c
Mar
>»"%
">1
2,235
1.62
1.55
1.58
1.50
—
taia
2.40
-
-V-
—100
——JL\7 19'
1
Mines
Dome
;
17
2.50
1
3.10
'
1.75 V
1.65
171/2.60
17%
V 2.95
840
19
3.20
Jan
1.65
Apr
15%
Jan
2.72
•
50
11V2
Dec
?
Dec
Canadian Fond*
l'tiuAJ,'
f* CCk S
Last
Basil
tin 1 jm ijs fisssi
•
Proprietary Mines
:
~
•
—•
1
10
Prospectors Airways
Purdy Mica Mines
Purity Flour Mills common
40
Preferred
__1
•
Gold
Manitou
Quebec
Quebec
1
Queenston Gold Mines
Quemont
,t
Mining
—•
—
Milk Products
Quinte
Gold
Silk
Riverside
Robertson
A_
* V
L)
(P
Preferred
class
Roche Long Lac
Rochette
Kouyn
Gold
—
Lawrence
Class
A
-
Corp
*"
,
"
9
common
50
see
page
225.
15c
;
y
v
608
280
22,200
';J. 53,200
70c
Feb
40c
Jan
13 %
Nov
Andian
Mar
52
Dec
Asbestos Corp '—.
Dec x
Atlas Steels
1.80
Jan
62c
Dec
22,087
80c
July
1.39
Feb
13,533
18
Jan
197/a
Dec
90c
Dec
m
1,150
Feb
70c
Jun
1.500
36c
7,000
32c
Dec
70c
Jun
17c
51,175
4%c
Jan
10c
May
345/3
100
30
Jan
35
70c
42
44
385
45
48
40
15c
17c
13,825
33c
36c
5.400 7
36%
47
Feb
July
Nov
58%
10
65
665
7 May
130 7 Apr
,
ll%c
Jan
28c
Apr
Nov
66c
Oct
Consolidated
Press
66c
Nov
Consolidated
Sand
6lc
85c
90c
9,800
85c
15
23%
22
25
4.435
45
635
25c
5,000
104 104%
8%
9%
35 %
37
205
1.25 NOV
Dec
20%
Jan
Dec
18
Oct
22% Mar
28%
Feb
45
23c
Dec
Crown
Dominion
•
class A——
* V^:
preferred——100 7.7
Oil
i.———* •
deHavilland
Aircraft
Steel preferred
775
105
2%
Nov
Jan
18% May
Nov
Disher
Aug
Dominion
Bridge
Oilcloth
•105%
Jan
Donnacona
11%
Nov
Foothills Oil & Gas
Nov
Hayes Steel
41c
;7
——
40
——
*
—1* 7;<
7.-
71
T
739%
390
130
5
,
■' 7
Sep
185
Nov
58
4.00
7':
24
Ms
.71
17 7
Nov
6%
Nov
Jan
2
Jan
20,769
3.10 Nov
59
85c
10'••
Dec
Mar
Jan
8
11
5
14,630
10
Dec
22
July
'•
10
7
Dec
17
•
20-
..;
7-
59c
'vr
Dec
2.00
7 50% May
7:
Dec
26% July
1.80 Aug
4,530
.
Dec
Dec
11
10;
i
17%
39%
21
'24
190
Dec,:
7
9% Mar
28c
.7
.
Jan
.
6
Dec
42c
'..Apr"7;
•
.
63
7'
780
5.600
7"
3.05
Dec
Nov
Jan
2.057
16%
Apr
764
2.25 July
745%
35::
27
43c
59c
*
*
—-*
*
—
34
9,883
r
22
'77 24
—
.
Dalhousie
Dominion
750
o
Consolidated Paper
25c
:
■
7%
.90
■
—
15
172
—
36%c Jan
32%
50V2 July
common—
Nov
24%
18
58%
58!/2
Columbia Pulp & Paper
—— 7,.
47
55c
2,085
35
2.525
58%
"
Preferred
Brown Co
Sep
722% Jan
270
:
22
31%
;7 34 '
High
Low
34
com.,*
64%
7-1717
—100 /./ 172
7
-1 .77%
87%
;/ Preferred
100 77 9022
Bruck Silk
*
77 — :
26%
Canada & Dominion Sugar—.,™r
V 7f
27
14%
Canada Vinegars
—
:' 16
47/a
Canadian Marconi
1
5
2.95
Canadian Western Lumber
2
3.05 7. 58
Canadian Westinghouse
:
*
ka
.3.40
Coast Copper
-5
3.50
16
British
Mar
34
38 500
20
————:___™,——
21
■
Year 1945
Range for
Shares
High
-
13c
'
*
National
-
"
33c
r
Low
Par
May
45c
8ales
for Week
of Prices
Sale Price
STOCKS—
Sep
6%
V-41'
15% Nov •;
Apr
Mar
30c
23c
r
104 %
preferred
For footnotes
22
247/a
*
——100
Power preferred
3,000
'
■
44 lA
58c
90c
10
•
-10
Industries common
Ryanor Mining
St
>• 16c
33c
•
Royal Bank
Royalite Oil
Saguenay
1
—1
Merger Gold Mines
Oils Co
Roxana
Russell
__
1
Mines
l<>'f?6bc
33c
15c
44
*
—
36c
23%
6V2
14,450
¥
34%
70c
1
——;——l V' I
•
1.18
20
5!/2
—
Gold Mines
Reacourt
105
,
•7"*V-:V—:-;V:
*
:
Reeves-Macdonald
Reno
Vx 15 ;.V 15
63c
72c
Vt 20c
22c
ll'/a
11 11%
-0000':. 51 52 %
'- /■—
' 1.44 1.70
90c
80c
93c
15
72c
Oct
•
''
3.50 Dec
"
.
32%
Exchange-Curb Section
Toronto Stock
'
Dec
Nov
18%
Jan
2.45
May
60 :
Mar
13% Aug
45,480
,
40
7—.
Sep
1.15
48
6%
Dec
7
.
Uchi
2.00 May
Jan
81o
,
6,300
55 7 rVV:: 25
55
70c
30%
98c
24,100
1,533
u
18% Mar
19,200
Bonds—
Sep
4.50
4.35
8,205
53c
oni/-
65c
Dec
23
Dec
2.40 Jan
600
•
•
■Premier Gold Minlng Co
Premier Trust
.
6.50
18
36c
-x
Rouyn
Gold
Voting trust certificates
■
4,65.
V
fin
River
4,50
X >'
—I '
Porcupine Reef Gold Mines
Powell
37c
4.65
,
1
Porcupine Peninsular
•»
42c
....t
of B C
Gold Mines
Pioneer
—*
Mines—..1
—
Gold
Mines
Gold
Pickle-Crow
..
Dec
25
2% Mar
Jun
30
17
Oct
17%
Oct
43
740
29
Feb
43%
Dec
39%
39%
■■00 10
42%
Nov
42%
Nov
117%
17%
7.:
10
Apr
18
Nov
20
20
77/
.
4 /2
.
41%
-
77.
25
7
—
^
1.80
2.15
7' 3,150
1.28
Jan
1.99
Dec
*
Paper—
00
24
28%
1,290
Feb
25%
Dec
*
1 /U
15 Va
0
0
Number 4455
Volume 163
THE COMMERCIAL & FINANCIAL CHRONICLE
CANADIAN
LISTED
MARKETS
^ RANGE FOR WEEK ENDING JANUARY II
'
■
•
v
■■■.'•■'
,
'
/"
Friday
'
•
■:::•■■::■■;
;
■
z
-
Week's
/
Last
Sales
»
-•••»VVKr'
•
;/v
for Week
Range! •
Sale Price
STOCKS—
of Prices
'iv: ■■'P.w
Shares
f-
;
Range for Year 1945
' ■ "0:
Week's
Friday
'
: ■ '••■.. Last
■
STOCKS—
Sales
for Week
Range
Sale Price
of Trices
Shares
1.
Range for Year 1945
"
Par
■
;?•
' 1 .f
.'j;•(.
c'~
Low
International Paper common—
.
,
Preferred
Minnesota
Oil
■
.a
.
20
*
1.60
ft
-
Grain
common
54Vi
Dec
101
Mar
128%
Dec
Montreal
Dec
Murphy
130
20
11,758
5c
11% July
Feb
24o
44,950
3.30
58%
20
21%
,260
v? 26C
-
20c
28c
*
250
9%c Feb
Feb
1.90 Dec,
NOV
20
Dec
Niagara
NOV ,:"
Z
Apr
'
30c
/ 24
7%c Jan
Weaving
Oct
Ogilvie Flour Mills
-
Noranda Mine3 Ltd
Exchange
Steel
Car
Penmans
Week's
Range
STOCKS
Products
Low
Acadia and Atlantic Sugar common-.*
i
21%
preferred
100
Acme Glove Works Ltd com——*
6V2%
preferred
Y15VY.-
100
——————
AigomaY Steel
;
Aluminium Ltd
Aluminum
24
Canada
pfd-
*
Bathurst Power & Paper class A
Bell Telephone ^
-
Bralorne
British Columbia
Pr
:
_i
-
_
22%
22%
30%
22%
Cahida
29
23
23%
2,970
15
15%
131% 135
26%
12%
19%
48%
48
48%
26%
■
18%
26%
B__.
24
Jan
24
Simon
119%
20
-
1,008
40
21%
800
2,535
17%
6,685
61
6,810
35
23%
25
37,884
47
47
47
1,920
Bronze
Canadian Car &
common
Jan
27
36
*
common..
Foundry
19
common
Preferred
Canadian Celanese
5
35
"'Class
:
Converters
B :pfd—
Canadian Cottons
class
34%*
A
59%
40%
40%
41
23
23
17'/a
18
23
.
17%
pfd.
36
■
Canadian Forelen Investment—
35
48
20
Alcohol
Ind
37
*
*
common—
—
24
5%
291/4
29%
37%
38%
Ltd
36
33
33
25
102
Davis Leather Co Ltd clasp A——.-—*
ClaSS B
Steel
Dominion
Stores
6,336
12%
35
2.429
49
& Coal class B
33
38
Jun
•
16
28% Sep
12
July
42% Jan
1,488
29
1,470
11% May
25
'.•9% Jan
137/s
13
14
7,035
80 Vz
80
80%
3,030
4;./
27%
Jan
32
Feb
32
180
Nov
15
Dec
Jan
23
Nov
12% Jan
25
Dec
72
98
100
1,255
31%
21%
25
25%.
91
92
14
3,575
592
15%
4,270
85
*
35
34%
35 '
825
11
11
13
150
...
»
40%
39%
40%
—*
.
29%
29%
30
•
.
15%
.——..100
-
,
13%
i
'
105
Feb
v
20%
i
.
•
Montreal
Nova
Apr
80%
Jun
16'/e
Jan
32
Nov
17%
35
Hi/4
Jan
9%
...
Mining
common.
15%
16%
.i.10
Royal
Apr
8%
12'A
Jan
'.151/4
Dec
10O
.
100
10
97% Mar
100...
Mar
76
'745
117
125
28
Jan .-v;-
Jan
•••
'
.
15
8% May
common
Dec
common
Secord
Legare
i
20%
Abltlbi Power & Paper common....—•
i
McCcll-Frontenac Oil
Mitchell
Breweries
27% Feb
38
Dec
32
Oil Co Ltd
American
British
Columbia
Brown
Packers
22
33%
Dec
15%
20%
Dec
49%
Feb
May
Jan
.
,,•;■ Dec
.49y$ Jan
,
102
16%
Jan
107
Nov
10
Nov
Canada &
Canada
Wire
15% Dec
Canadian
6% Feb
10% Dec
Canadian
115
30% Aug
39'A
Dec
Jan
16%
class
Trust
Jan
14
Nov
Dec
Dec
512
14
'
Nov
Nov
29 y4
Dec
Mar
37
Aug
63
25
370
21,532
90
Dec
7
153
Feb
36% May
,23%
1,535
40
7%
-
.
Jan
•
8%
980
:
2.30
Jan
Sep
7ya
Jan
Dec
Dec
83
Jan
45
26% Jun
22% Mar
26
27
1,620
57%
57%
160
49
Apr
57
Dec
110
115
25
100
Jan
109
Dec
109% 109%
20
108
Apr
111
Jan
28%
25%
26%
15%
16%
166
175
47
178
178
178
Ltd
/
20
720
175
,
175
16%
•
B
Dec
175
31%
May
Oct
13
Jan
16
Dec
156
'
Aug
168
Mar
167% May
/;;• 3.932
Oct
175
'
Jun
12%
27
pfd—100
Ltd
High
95%
May
3
142
65
;
7,ya
—100
Industries
Jan
3
71
28
38
60
87%
6%%
144
:
^
Y 7'%
Mar
375
7
27%
•40'
90
Cable
&
2% Mar
44
2,675
Y:'i4Yv
14
27%
Canadian Dredge & Dock Co Ltd
•
Canadian General Investments Ltd—*
5% May
8% Jan
4,545
/■■.
20
lis
6%
Sugar—..—*
—*
pfd—100
Dominion
;:fc 2,488
:
156 •; 156
—*»
Canada North P Corp Ltd 7%
25
20,700
180
^
118
Canada Malting Co Ltd
260
LOW
97100%
——1
Dec !
:21%:Oct^
Range for Year 1945
Hiah
9
—.——.——100
Dec
Apr
Shares
■
—•
Company common
Preferred
109 J/4
15%
,
for Week
/;■' 6.1
7%
105%
15% Nov
Sales
"
Range
■
•
Ltd
Feb
97
'•
Week's
118
Pulp & Paper Ltd com—*
10% Jan
13%
7%
21
3,030
5,748
32%
7'A Feb
900
.
Jan
YY
Oct
Jan
30
Feb
35
35%
19
-200-
15%
Oct
33 1
594
29%
Jan
33
31%
Jan
43
50%
50 V4
595
.
15
44
5,985
52%
4,355
'
175
97%
26
18,825
207A
Oct
55
■;
25%
55%
12%
12% /
25%
158
.
'.
755-:'
••
•
Canadian
■
■
30
***£■' .vi'/%.
20
235
.5%
7%
—100
Deo
Canadian
Dec
\v;>'
57
Dec
'
Products
Food
/
26
21% Aug
24% Mar
:
■Y/i
V
'•;'
'■•
—
c-
T
-/
24%-
>
"
25%
Dec
Commercial
Neon
-31 '/a
Nov
Jan
20%
24%-
24%
28
28
40c
Jan
1.90
Nov
,
920
,
1,813
13% y:
:
3.00
57
101
Y
8,575
48,984 Y
3.10
20
Oct
Consol
18%
Jun
24%
Dec
58-
rZ
437
6%
13% Nov
Jan
14
Dec
101
Sep
4Y2
46
Apr
Y Apr
3.15 Nov
1.80 Aug
50
59%
Mar
11%
General
com
—
Alcohols Ltd
Consolidated
common
17
17%
140
15%
10
7
:,--•/ 7
-
.
~
40
c-fp- 10
830
2,807
12,399
116
-Y
:
.
3
Aug
8% Mar
;9 %
Jan
23 % May
-22% May
20% Mar
25
Mar
3
"Aug
15% Nov
Preferred
Sep
11% May
16 ya
Nov
14%
16
Dec
100
40
4
7
7
50
':.v 4 %
90c
7,390
74 ;■
r
VPI 6
6
75
70
•6%
1,295
of
Div
Canada
Sec
class
Ltd—
A
Consolidated Paper Corp Ltd
Cub Aircraft Corp Ltd——.—
16% Dec
David & Frere
Jun
Dominion
30Dec
Dominion
Apr
Dom
30
Feb
Dominion
Limitee class B—
Engineering
Malting
Oilcloth
*
Co
V; ,V
-
3%
Jan
8%
Feb
.
75c
75
Feb
6%
Jan
100
6% Apr
100
15% Jan
529
Co. Ltd
Corp.—
7%
16%
V
25c
'
■
'■
v.'
8
85c
Oct
Jan"
Dec
1.00
15%
V 54
13%
Jan
15%
Dec
25,504
8%
Jan
167/8
Dec
255
*
*
17%
16%
2.00
1.85
*
4%
4
4%
,w
2.00
*
15%
Dec
Dec
Nov
isva
■
_
17%
*
Mar
Nov
67/a NOV
Feb
Mar
25c
42
Jan
1.00
Y
60c
Jan
2
May
Jan
4
Dec
45
46
85
30
Jan
46
Dec
22%
23
175
15
Feb
39
730
35%
Feb
19%
75
.
Y.
Works Ltd.—*
Ltd
20
& Linoleum
Square
■N'
—*
2.50
29
7%
16%
5
:
Bakeries
24%
Dec
12
6%
75c
80c
*
*
150
15%
'-•'•■"••'«^C-» ••'
Adv
11%
Oct
Feb
6,415
31
Nov
4,147
3Va
18
com——*
Chateau-Gal Wines Ltd—
Claude
16
7,087
29%
Aug
Y 6%
3.05
—
Dec
•-•15%
15%
30%
15
Jan
S8
.....1
Ltd
Dec
915
19%
17
28
.
30%
5
14%
"-1"
—
...
5
Jun
2
18%
•
.15
Celtic Knitting Co Ltd.————*
preferred
12%
,
Jun
10
.
/V'-;'7;
•
Cassidy's Limited common
5%
100
8,623
;
•
•
P-'
5
Feb
14
12%
13%
100%
Westinghouse Co Ltd.—^.!*
Nov
Feb
5V8
15
^
—'
preferred
y;
2
95
40
25
1.95
com.—*
Canadian Vickers Ltd common—..—*.
Y
1,105
14
5
preferred:4—
100
4%
—
1
5
100
-V
—100
Light & Power Co
170
20
26
--
435
31
19%
20
"p;:*
MM*' ■
T
4%
100
Canadian Western Lumber Co.——2
24% Mar
115
Inv
Canadian Marconi Company
Canadian Pow 6? Pap Inv Ltd
Jan
Dec
131 Vi
27% May
104% Dec
11'
Jan.
350
104% 104%
'h-
*
Int'l
preferred
Sep
-
54
Apr
23 >
Oct
-18%
: 21% Jan
132
130
-5%
35% Nov
35%
18%
Y 40%
.44,
Dec
24%
33
33
19
com—•
1,585
*
32
•
33
10%
7% £ 7%
.
33
com——*
Sep
.
161/4 Apr
27
"
B_!—*
7.% preferred
100
^Distillers of Van Ltd
5
&
101% May
"4,100
—3
225.
22
1,559
8,300
of Trices
.
Bathurst Pow & Pap Co Ltd cl
Oct
28,271
...•
page
" Jan
$2,500
180
British
17%
Montreal Light Heat & Power Cons..
Montreal Loan & Mortgage...
—25
For footnotes see
Jan
19
49%-493A
——
Deo
14
(Robert)
Molson's
14
710
*
9,176
97
Dec
39%
—■——,—.25
——
15
1,960
'
cumulative preferred-....!.-100
7%: preferred
....—100
Aluminium Ltd 6% pfd
—100
Preferred
Massey-Harris
16% July
19% Dec
Jan
1,280
22%
8%
6%
10
157/a
Milling common.—•
—_
preferred
■Z
Dec
"
30
20% Jan
5,368
25
MacKinnon. Structural Steel
Jan
:
28%-Mar
35
20
Low
Sep
13%
•
com
Lang & Sons Ltd John A
Laura
Nov
29%
4 30%
Par
5% Jan
37%
—
Lake of the Woods
Dec
36%
30
Last
23
'
'
(John)
95
Jan
23
Sale Trice
Preferred
Labatt
18
Jan
75
:iy.
14
:
___100
Ltd
Jan
530
360
Friday
STOCKS—
*■;
39%
17
?
Ltd—♦
.
Serv
61/4
3,574
98
35
Canadian Fands
Catelli
Public
Dec
28%. Oct
Dec
24 '
Montreal Curb Market
Brewers
33
10
,.—100
International Power
116%
i
Jan
98
49%
-
20% Dec
32%
—.15
Preferred
;YYPreferred
Jan
34
.
22%
Jan
10%
—__25
International Petroleum Co
17%
Mar
19%
100
"
-
12%
32%;
common—
——
Paper
70
1,070
Dec
76
Mar
•';.I8'•'•
612
28i/4
,25
16%
■
58
Dec
'
Jun
»
100
International Nickel of Canada
International
171/4 Nov
3%
25
-
2
: •
-9%''9%;
16%;
..
•>
-
6,105
...——
1.297
•410
16
106
106
9%
•
Bronze
74
/'
16
8%
,
Scotia 4——
Dec
•
...
Paper common
Preferred
NOV
21
. .... ..fa.*!.
..iyyy ,3,
7c/o 'preferred
International
Dec
Dec
*
79%
Jan
30%
'
14%
/;
100
17
———!«.10 ;: J7ya
17%
.10," / 20 • j
19% 20
10
■-■,'25 ■ ■ ^#2 5»;rv25-4*
!J.10
21% 23%
23%
10
34%
34%
35
———
..«■■».
Dec
50
109
19%
106
Y' Preferred ^1.—L'.—fix ,•
Industrial Acceptance Corp: com
■
Jamaica
—25
-
July '•■';;•- v /- 14
8
60
35
42% Dec
405
105% 106
109
...»
Imperial Oil Ltd
•
Imperial Tobacco of Canada common.5
•z
14%
106
Gurd (Charles) common—»
Intercolonial Coal
;;
Jan
81
75%
98
Belding-Corticelli
Oypsum, Lfcne & Alabastine—
Bay
f.Y-10%
16
17%
f
*
30% July
-
7% Mar
v
510
19%
;
124 !
110
18,250
22
92
preferred
—.—100
5Va% preferred —
100
General Steel Wares, common.-....—
Hudson
Nov
20
*
NOV
31%
31% 32%
175 Y 179%
13%
15%
14%
Bridge
Dec
102%
■
31
25
—...100
:
Dec
/
25
5%
Hamilton
Nov
111%
Dec
17%
..
—"f
Jun
25
11
19'/a
Famous Players Canadian Corp
Foundation Co of Canada—
Howard Smith
Dec
31
.81.
—
•
common
<.
■Dominion
13% Jun
14%
11
14%
Preferred
Dec
r: 31%
Jan"
16%
Dec
1,450
19%
common!
Nov
36%
47% Dec
2,730
21%
■
42
1,190
•
Power
37 %
Dec
43
v
Commerce
■
Brit Colum
Gatineau
Apr
Dec
84
:
14%
..i——————1•
Class B
Dec
Jan
22'/a
«j;,23
1,320
Nov
22%
30
;'99% Mar
'■PI 15
Jun
425
Dec
93%
::
Mar
22
P 102,
19%
Jun
38
Jan
335
■;
28
Montreal Power 'notes——
Dec
18%
30%
'_.•—l
.........
English Electric class A
Nov
BONDS
Oct
22
105%
i
13%
14%
40
.Jan
250
42
32
—25
Ltd
—
40
Feb
235
14%
125
18% Dec
Jan
460
-
50
.14,
31%
*
,
:47.: ..Mar %
22% Dec
Apr
102
100
,
f32"%b"ec1
'6ya Apr
'15% Mar }- *
11% Feb i
2,150
11
*
Dominion Tar & Chemical common...•
Dominion Textile common
♦
Dryden Paper
20
15 %
•
—
Canadienne
Feb
Deo
.18.
.
33 T^Jan
eya Apr
;
28,119
14%
25
—
Electroiux Corporation
Nov
Banks
\
38%
29%
'
14%:;
23%
,
;
28% Janr
930
43
—
common
>
105%
—
Dominion Foundries & Steel
Dominion
>
———•
Dominion Bridge —
—
Dominion Coal preferred
Dominion Dairies common—
Glass
•:
19%
•
common
'
22%, 24%-;
17%
18% ;
30%
J...*
Dominion
-;
-
4102% 102%
76
6%, preferred
41% Dec
Apr
Dec
2,390
50
_
Oct
|7
990
"
50
85
Co—
-
37%
Oct
11 Vz
Jan
58%
Dec
107%
Jan
.
33%
100
102
common.——.—*
Preferred
Dec
23
20%
42%
—_
Jan "Y
11%
105
Dec
60
5
17%
Crown Cork
Preferred
Dec
16
%' 16%
•
——
..........
Zellers Ltd
18% Dec ;
35
-
330
-
79. '^85
41% 42 Va e
-
Dec
20
105
36
102%
.....100
Weston (Geo)
Wilsils
130
Y
48
37
.
:i8%
Distillers Seagrams common
17%
Jan
2,215
3,276
102
25
Walker Gooderhara & Worts com
'
Decn
Jan
80
Consolidated Mining & Smelting
Consumers Glass
Seal
47
Apr, !v:
410
•
19%
38%
——
Canadian Pacific Railway
Cockshutt Plow
&
Feb
10 Mi
!245
92
33
.
Wabasso Cotton
24% Nov
46
670
;• -
V36
-
47-
.
Canadian Locomotive
•15%
Jan
22%
38 ya
Sep
;•
May
:
-
...
Feb
17
Apr
18%
91
.
Dec
/ 103
9%,
'
V
1,165
'
Preferred
.
Dec
"
Mar
58%
2 %
21%
:
22%
Twin City Rapid Transit
United Steel Corp—
—9%
Viau Biscuit common!....
——♦ ;
—,
,
27% July
28
1.296
!
■>,
17
common
...
61 %
5%
....
common
Canadian
B
10
5,040
781'
34%
61 %
■
Class
19%
Feb
Mar
3,700
36%
36%
91
*
com.
Preferred ...........J.—..
18% NOV
Jan
Dec
32
P 100
'
common.!
Y- PreferredZ!——————!
■■'/ Rights
r_
—
__
,
Canadian
18
34%
—25
8>/a
Dec
Dec
16%
810
4"
9
Nov
Jan
7
155
8%
37
100
Tooke Brothers
•12% Dec
48
73
23%
30%
55/
18%
4'
Nov
•Jan
14
.
1,495
20
Jun
31%
18% Mar
'
3,151
103% 104%
4
9
Southern Canada Power.
——•
Standard Chemicals common
*
Steel Co of Canada common—....
*
:
Jun
103
'
<}
Dec
38% May
;
21
•.;•'• 4 18%
104%
100
Winnipeg Electric
24%
Canadian
360
17
'
Canadian Breweries' common—
4'
Dec
17
Jan
27% Aug
57% Mar
4,265
Jun
Nov
Jan
99
Oct
/
8
52
Jan
8%
25
31 y4
18%
50
Preferred
15% Oct
Jan
500
72
20
•
common
Canada
28'/a
Aug
132
■27% July
150;
18%
23
15% May
5% Jan
235
30 4,
!_
common.—...—^,*—*
Sons
Dec
785
103
20
:
*
—
....
&
Dec
810
•101% 101%
Southam Press Co—..
May'
Feb
tYz Jan
11% Jan
H
63
32
si '
Simpsons Ltd preferred———100*
20% Dec
9% Jan
•
4,311
,
Jan
Jan
Dec
Breweries
Jan
24% Mar
915
15%
'
.—»>
of
Dec
50
8,942
pi 57
!
—21
....
Preferred
Deq >
4%
11
1,425
.
'
17
140
12%: 12%
30
f
-
■
18%
:
247
26%
19%
class
2,296
v
.
May
.
..
common—
Lawrence Flour Mills
Sicks-
;
23% NOV \
Jan
2
-350
St
Dec
.
•'
' '
Lawrence Paper preferred—
Shawinigan Water & Power
Dec
184
;
Jan
21
2,125
25%
26%
_.
15%
535
20%
Feb
'"'J-VL
St
.15% Apr: Ivl 18% Nov
22'/a Feb
28 ; Sep
5,288-
23%
135
Cable
&
29
5
22
.
4,185 ^
20
is y#
common
Canada Steamship common
5%. preferred
Wire
-
25
—i—
Canada Forgings class A
Canada Northern Power Corp..
Canada
4%
161
555
K\
Lawrence Corporation
A preferred
Dec
21
14% Jan
K
<
Shei win Williams
2% Jun
32%
Map
i
,
44,321 /
20%
•
Dredging..——————5
Cement
Preferred
M
27
4%
20
i
2,853
18
26%
■,....•
Building products class A——.—
.
-
Knitting
St
^9% Dec
Dec
'4 1 ' ' *
Power
t
27%
15%
■
17
.*
Apr
21%
30%
1?.l
30%
4
20
70
v
■
—
■
805
■
30
72
'
Saguenay Power preferred———100
Oct'%
'Nov.;
Aug
20
July
10% Jun :
Dec:
1.90
^--•
Rolland Paper common.l
107
Apr
9% Dec
99
6,203
18
ya
*
Jan
134
.
13
5
3,385
181% 182
18
29
*
Corp A
Bruck flnic mhib
Y,
181%
100%
101%
:
1
*
Nov
72
17%
30
* v/
—
Jan
24%
32
103
_•
Corp of Canada
Regent
>
23% Dec '
/;
Jan
2,994
22%
•
%
Gold
21
*\
Class B
Bulolo
22
100
Ltd
Light & Power—..
British Amer Bank Note Co—
-
34%
y;\
•
.«.—
Mines
Brazilian Trac
■
31%
; ;/•' v:;';.;
'
■,
94%
220
2%
1
18
100
Co
Quebec
Dec
Dec
Feb
100
com
Dec
45%
46
7,975
65 y8
17
r
Dec
150
99
16%
103
3' '/ 28
14ya Jan
5,334
May
26 %
Dec
47
43% May v;.
17V4 Mar
1,025
:
27%
30 %
i
6L. '
Dec
Jan
97%
985
9'/s
98%
34%
f
1
.;
.
18
9%
•Y-2.'Y
2%
Corp
**
:
99
—
■
!/a
9
107
18
Y
18
-
104
Jan
870
1
37
45
—
Provincial Transport
Nov*'
20
100
,
20%
July
90.
*'
1,110
147
106
100
Amalgamated Electric Corp—
Argus Corp common.—J.
L—^1-**
Preferred
——•—
—"
.: '..Warrants —.Y—i-.v ■
>
24%
103
130
146
'■
Asbestos
V^8®
103
■
of
Co.
370
29
22Vz
100
.—
"
130
100
29 m
565
46%
4; 22
22%'
Xf'
;v'; 7%'
8ya
? 53
54
,
Price Bros & Co Ltd common......
•
5% preferred
———
100
High
99% Sep
9% Jan
55
15
100
17
-1,805
104
14%
100
———*
common.
Preferred
21%
104
Agnew-Surpass Shoe common—.—-.-*
Low
8
53
!
common
River
22
*
•
—
Development
Power
for 1945
Shajrcf .;
Hiah
20%
5%
Ltd
Placer
31%
:
;
*
common...
%y-
71 %
•
Tubes.
Powell
Sales
for Week
Z of Prices
Balf Price
Dec
26%
c
•
common
Aircraft
Page-Hersey
Funds
Last;
Oct
31
Vs
%c Dec
Ontario
Friday
33%
Feb
44%
Wire
Ottawa
Canadian
Jan
Apr
22
National Steel
Ottawa Electric Rwys
Ottawa Light Heat & Power
Preferred
Montreal Stock
42
22
100
Ye
Preferred
Dec
2lc
42,000
80
102
National Breweries
3.10
46%
16
'•; ■ •
200
-f-:
48
44-30
3I'4;r314.-:-';
Paint
1.30 Jan
100
V
'
33% July
16,923
<
19
3%c
1,000
1.65
3.00
Y
24C
,'■•'
High
Montreal
20%
1.52
21%
—I
Mining
Jan
'
0
Low
22
19
58%
V
,V"/v
*
Southmount Investor's
Temiskammg
^
3.20
1
common
High
>
2,645
V"
4%c
Y-i
V V:'
1
Oreille
Reliance
52 %
127%
Paper
_
Osisko Lake
Pend
Price Bros
50
—.....
Ontario
&
Selections
■,:;Y- Low
•
50
t
39
t
38 %r
19%
•Y
-
360
2%
5
Jan
LISTED MARKETS
CANADIAN
RANGE FOR WEEK
;
Monday, January 14, 1946-
FINANCIAL CHRONICLE
COMMERCIAL &
THE
•224
ENDING JANUARY 11
It! .■|
!.
STOCKS—
"
Low
13%
13%
7%
•
Woollens ———1•'
Dominion
17% ^
Paper Co Ltd—
Donnacona
Steel Products Ltd
Eastern
Aircraft Ltd
Fairchild
—* ,
5
''■
_
Federal Grain Co class A,—
6%%
red pfd,*..^—-v-^100
cum
51 %
\
100
5'/2 . 5%
31% :
32
111
5%
,
•
Corp Ltd com
*
100
75c
•
57%
Power Sec
Foreign
6 %
red pfd——
Fraser
Companies
7
'
'
•
; 2; ;;
'160
13
2
28
Jan
104
110
110
110
102
17
16%
17
250
15
Apr
Inter-City Baking Co Ltd————100
International Paints (Can) Ltd-. A;
•
75
75
.'',15
X14
50
Feb
5%
John
Lambert
50
—
Inc—.—
—
—,.
MacLaren Power & Paper Co
Distilleries
Melchers
62
9%
13%
41
14%
17%
pfd—100
pfd——100
Ltd common
—• ■'
9
16
20%
29
70%
Paper Co
Montreal Refrig & Storage 1st
5
pfd
—
__
Nova Scotia Lt &
Sarnia
Southern
Pr
Canada
Standard
27
May
99
,
Jan
Jun
July
20
Dec
116
Jan
300
10
5
Jan
10
Oct
NOV
15%
25
r26
15
,15
:
.
' Apr-
!
10 V*
10 %
425
6
6
25
27
United Securities Ltdi''0
-
—
17
Cons
Pato
Pend
Oct
12%
Oreille
Perron Gold
24
Dec
Feb
3%
25
1.085
28
Jan
11
11
——
if.
8
,
Stocks^;,■■■:
Aldermac
Copper
Corp .Ltd-
Mines. Ltd
—
Rochette
Deo
Shawkey
Quebec Mines
Athona
Mines, (1937) Ttd———
Aubelle
Mines" Ltd"——
640
,
;;
Beaucourt
Lake
Bidgood Kirk Gold Mines Ltd
Bouscadillac Gold Mines Ltd-—». —-i.
Brazil Gold
& Diamond M. Corp-
200
33c
42c
55c
:!
43c
15c
.
29c
40c
,.'•1,000
14c
14c
■■'J
Sep
r
••
;
.
3,300
6,500
10c
10c
Vji' --1'M
Central
41c
Jan
2.24
:
Dec'
48c
Nov
Dec
57c
Oct
41c
May-.
——
Jan
27c
May
31c
May
1
Cadillac Gold Mines Ltd-
Centremaque
—
Yellowknife Mines
Colomac
.
1
Ltd..
*
Mining--—-———
Cournor
284,912
4c
Jan
54c
May
Home
37% c
49c
9,000
33p
Jun
38c
19,600
10c
Jan
1.05
58c
66 c
.
t
1.05
69c
".
1.10 Nov !
300 '
17,800
•
v.\i{6»-v_'. r\\"-
\'■
Dec
54c
1
/<,'
62c
May
.! 1.40
Dec
75c
Sep
!/
r*,
;|Okalta Oils
:
Dec
9.80 Dec
Aug
1.500
28c
Dec
2,800
64c
Feb
1.15
3.55
3.75
4,700
Jan
4.00 Dec
2.25
270
2.80
500
;
37c
35c
37c
7.30
3.10
3.10
400
1.50
2.35 Nov
Feb
10c
950
1/54
Jan
1.25
11,300
7.00
Nov
28c
Nov
22c
21,300
,24C
|
7.30
46c
Oct
7.75
Dec
4.75 Feb
Nov
3
1.60 May
2,100
33c
14.100
30c
Nov
40C
17:049
i 51c
25c
65c
35C
40c
21c
July
20c
15c
20o
7,700
6c
Jan
34c
32c
36c
16,300
15c
Jun
1.53
1.53
50O
—u.—1
64c
63c
64c
3.25
2.65
3.65
1.25
1.05
1.10
1.01
42c
Jan
57,164
65c
Jan
60c
Mar
8,700
35c
Dec
•
•
:
•
V
3.4(L«
2.80
3.05
2.19
8,200
20,000
35C
42c
4.75
4.75
1.50
1.50
36c
27c 27 %c
5.15
5.15
Ltdi^-i!^r* ^
.f!
*■
30c'
10c
2,500
37%cDec
4.90 Jan
Jan
~
1.75 Mar
f1
3.80 Dec
500'
86c
40C
F
Feb-
1,000
500
1.20 Nov
1,95 Mar
50c
11,705
700
3.10 Jan
9Ct
9%c
36,500
65c
65c
65c
2,000
11c
12c
6,100
25
25%
100
18 %
V
;;-/v
:
60c
Nov
,4.55 Nov
May
Feb
I80
4V»c Jan,
9%C
60c
Feb
V
llVaC July
Oct
11 %c July
;•! 22 % Mar
.
v
!
fe-S'i;?
H*'
•.
•
i;';!■ V 'V
'
XX''
Transactions al lhe New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
ii
Number
-
of
Sfiares.
Week Ended Jan. 11,1946 :V/
:
and Miscel.
'
Bonds
'
1,230,420
7,172,000
,
2,159,870
Saturday———————.,———
;MnnHay
L
,
,
Tuesday..—.——
Wednesday—
2,924,980
9,306,100
; 10,792,000
Thursday.
.
2,469,510
;
2,254,150
8,955,000
11,567,180
TotaL
Bond
Bonds
Sales
(Number
344,000
67,000
377,500
27,000
!<
315,000
59,000.
428,000
$47,618,500
.
8,000
$235,000
$2,036,500
"/
Shares)
Saturday!--
296,000
520,905
Bonds (Par Value)
Foreign:
• ' Foreign
Corporate
Government
Total
$48,000
$225,000
45,000
345,000
$4,000
! 538,000
£32,000
6,000
993,380
576,000
66,000
989,245
382,000
34,000
471,000
12,000
"T,66o
V 484,000
$2,434,000
' $211,000
$6,000
$2,651,000
689,265
Thursday
————Friday——!—
9,442,000
$177,000
i
Monday—
Tuesday-^——————
Wednesday——-——
$49,890,400
Domestic
253,165
11,1946
Week Ended Jan.
9,003,300
42,000
360,000
"
01
■
$3,039,600
7.574,000
9,629,100
11,203,000
$32,000
$212,000
8,598,800
Friday..
Total
Government
Foreign
-Bond*
$2,795,600
528,250
■
Stocks "
United States
Railroad
Stocks,
l!
•
1,052,670
•
.4,498,630
Total
"i,000;
;•
;
*
Stocks—No. of
r
shares--!.
/ V-Bonds
•■
Week Ended Jan. 11 .
1946,
^
1945;
■
1946
1945
15,080,400;'
11,567,180 V.; 11,067,477
18,19.7,477
.$310,000
$450,500
$206,000
$235,000
42,036,500
"•Total
3,186,200
65,249,400
182,224,000
$114,313,600
$68,886,100 \7$185,174,000
.
; Below are the daily closing averages of representative stocks and bondj
listed on the New York Stock Exchange as compiled by Dow, Jones & Co. /i Stocks
■
'!■■•'"■■■>!
30
20
V.v
,
' ■'■•••
-
II
Indua-
Rail-
road*
tie*
191.47
191.77
194.65
197.33
62.81,
63.12
64.45
64.73
January 10——
199.16
January 11
200.04
64.75
65.03
38.35
38.38
38.92
39.32
39.53
39.89
Total
Utill-
trial*
•
Date—
January
5_——
January
7—-—
January
8
January
9
—
—
For footnotes
see
page
225.
10
■•
Grade
trial*
Rail*
105.90
105.85
105.88
105.95
74.45 " 106.10
74.82 ' 106.30
116.58
116.66
-
Btocke
71.84
72.01
73.20
73.98
•
116.73'
116.86
116.99
117.07
Grado
•
Rail*
102.11
102.12
102.29
102.36
102.38
102.16
Bank of the Manhattan
Bank of New York-
Far
100
Bank & Trust 20
Chase National Bank
15
Chemical Bank & Trust
10
Commercial National Bank &
Central Hanover
10
Utill-
Total
40
tie*
Bond*
109.43
109.45
109.43
109.49
109.68
109.69
108.50
Trust
Co
;
.20
Bank"&"Trust„_10
108.52
Continental
108.58
Corn Exchange Bank Sc
108.66
Empire Trust
108.78
First National
Trust_20
60
Fiduciary Trust
108.80
*' l
{'; O.'ly-
*
Bank—
100
*
.
.1945
6,108,480
"
5,013,200
: 3,034,500
$4,599,000
$3,749,000
$7,767,000
205,000
349,000
283,000
10,000
11,000
16,000
$2,651,000 *;•; $4,814,000
$4,109,000
$8,066,000
.
...
•,
...
V
City Banks & Trust Cos.
Bid
Co—10 ; 33%
—100 472
10
52%
Brooklyn Trust
10
Second
First
Indue-
65
;
-10
'■!■■'.
Bankers Trust
Bonds
———
-
■
"•
-
Jan, It
6,000
New York
■'
fv,/,-'5r
1946
211,000
Total———»w-—-i.--!-—.i-i—
Stock And Bond Averages
v
4,408,630
Foreign government—
Foreign corporate
■
v
-
y
—L--—
Domestic-:
2,640,000
112,381,600
$49,890,000
i_
1,726,000
47,618,500
i.!
1
Railroad St Industrial
.Bonds
,
643,000
$2,434,000
Btocks—No. of shares——————
!!/r
•.
Jan. I to
Week Ended Jan. 11
1946
1945
■
O. 8. Government
Foreign—
:
J'tXXi
-
! 416,000
;X
J •«
,■
Jan. ! 'to Jan. 11
''
!'■;
Nov
2.10
40c
35c! Feb
4.80
Apr
"
5.55 Nov
; Feb:
1.24
2.30
43c
25
3.35 Ma*
3.80 Apr
Oct
1.30
#12C
.1
Ltd—#
Oils'■ Co,
1.15 Dec
1.00 May
.
,.
Dec
3.65
200
1,000-
4.50
Ltd—!—
1.11 Dec
1.50 Jan
1.24
50c
2.20 Dec
:
Nov
2.30
Ltd—'—-J—*
,,
r
500
3.40
2.95
Ltd-—-—1"
Sep
Apr
Oct
1.55 Nov
' Jan
66c
25,732
1.10
40c
34c
120,709
NOV
6,370
1.45
.
■
1.79 May,
1.20 Jan
1.54
33c 35 %c
38c
■
Dec
29c
1.22
2.80
Ltd_—__-_ii^^T.'-^^4*'
Royalite Oil Company Ltd—
Pacalta
4.35 Dec
75
Jun
2.97 Feb
27c
i
27c
Homestead Oil & Gas Ltd
Nov
45c
.■•
Oil; Co
Dec
2.05 Mar
43c
Mlnes-
Dalhousie Oil Co
Nov
2.85
July
1.55
64
10
-
Mines
Gold
Amulet
1.95
Jan
Jan
1.32
92c
1.000
3.55
;—1
Apr
25% Dec
Jan
,
46c July
>
67.275
75
12%
Nov
28c
'
1.17
27c
Mines
May
:,"k47c
37c
6.50
75
17
Jan
18
4.000
4.70
Jan-
7c
6,800
V12%
'
Mines Ltd—-
18c
45c
,380"
"-XXX-;-
Gold
Jari
45c
;
—1
Mines
Gold
Century Mining Corp Ltd
2.90
1.52
-M
12%
—*
Gold Mines—-——-—-1
6c
12c
.
1.40
1.45
v.':.
'
1,075
4.300
25%
X'l
..V
11%
'90,797
1.50 May
Jan
7%c
> ;f?'r
2.80
,
6.30
1
Gold Mines Ltd
231,05(5
-lie
11c
...
25
1.52
on Stocks •
SSSfS-.
Anglo-Canadian Oil Co Ltd——
*
Calgary & Edmonton Corp Ltd^—*
May
7c
3,500
54:506
67c
1.30
2.90
*
——1
r—(
Wright Hargreaves Mines
May
6c
48C
•"! L
13 %C May
Ltd—-*.1--—I •'
'Wasa Lake .Gold.-Minesi4!!Ltt-!!—:*M1
Wiltsey-Coghlan Mines Ltd-—.
1—1
■
Cartier-Malartic Gold Mine? Ltd
3%c Jan
1:34
1,
——.—————
Villbona
Waite
'
J.'.;. ,--6~
1,40 Apr
25%'t
Ltdli
Mines——
8ullivan Cons Mines
>
;':,■ 1.45 July
11,100
43c
,55c
"4'.'A,!! \-['l
T
■/
1.46
.
30c
Gold——— ——1,-1'
Gold Mines—-1—
Red
1.46
,
Feb
;
v
Exploration & Radium Ltd
Beatrice
Dec
87c
■,
1J)Q0
"
90c
61c
.-1
Ltd—1
1
Mines & Metals Co_'—1
Mines Ltd--——-.—»--l
Dec
36c
17c
34c
40c
%■*'
Bear
93c
Dec
4,200
12,100
'
76c
36c
39c-
.
Feb
Jan
63c
«—1 ;■
.!%—r
July
Dec
Dec
3c
13.500
50
—
19c.
May
36c
15,800
,71c
Ltd—
Astoria
It'
52c
2,700
8c
1.45
16%
16%
18%C27 %c
Ltd——-~1
1 •'
Stadacona Mines 1944 Ltd
-•
Standard Gold Mines
1
Steep Rock Iron Mines Ltd
———1
fJiscoe
,
23c
>51C
7c
■
Nov
1.35
,.l
Ltd————1
Senator-Rouyn Ltd
11 % Mar
9%cJuly
46c
...8c
.
,::■ /!
84,400
8%c \10c
10c
—-1" cXcXx* ■
Mines Ltd-—
Alger Gold
Arno
!!!!";:, /!.
V
9
Nov
96c
Dec
k
27
.
,»•!:
;■
67c
63c
26,971
Ltd—1
Mines
Sherritt-Gordon
Mining
20VaC Apr
2,905
9,500
Ltd—1
Yellowknife ———1
Red Crest
-Wi
,\
Gold
Quebec
10% Dec
8
Feb
:
16% May
!
27
Products
Pitt
Nov
Jan
■:
Jan
.
w/%•] *•"
v-
Corp' Ltd——!
Windsor Hotel Ltd
Westeel
5.700
16
67c
31,462
Cadaillc Gold Mines
Gold Dredging Ltd
Pandora
Jan
Jhn
8%
100
270
10 Va
"55c
Porcupine Mines Ltd
Pamour
27.,, Oct
15
- •
54C
15%
9c
Omnibus Exploration
Dec
12%
-
22c
5,854
27%
July
l.|6
Mines Ltd----,-
Goid
O'Brien
11%
46c
8C
Mclntyre-Porcupine Mines Ltd——5,
Mining Corp of Canada Ltd.!—•
Nib Yellowknife Mines Ltd——1
Normetal Mining Corp Ltd——
*
Dec
50
Apr
Macdonald
Aug
109%
36% May
Jan
11%
Sep
1.10
LouvicourtGoldfields
;
May
91
.
May
27%
28c
9c
-
Corporations B-4:-^——United Distillers- of Canada Ltd
4,235
64c
Dec
6
United
9,900
33C
1.21
Lingman Lake
Little Long Lac Gold Mines
Mar
15
Union Gas Co of Canada——
2.05
64c
Mines
Shore
Lake
Dec
14
26%
—
—
Feb
2.00
1
Gold Mines Ltd.
Mines Ltd.
Gold Rand Ltd—
Kirkland
Oct
71
15
'
Class B
9%
16
Feb
107
,
.
57c
1
Mines-———:
Gold
Addison
Kerr
19% Dec
-
6% Jan
3,497
;
95c
Feb
Ltd.
Sep
57%
.
465
St
12
.
108
Feb
26%
X
Stowell Screw Co Ltd class A
116
29c
12
Jan
40c
32c
Joliet-Quebec Mines
Nov
23
826
27c
30%
Feb
"
78
12%
62c
2.00
Jack Lake Mines—
,17% Dec
Feb
9
.
1,000
1,000
•
Feb
Deo
70c
80c
'
Dec
•••
16%
Mar-
105
325
145
662...
115 %
35
1,75 May
70c
■:
Lake Gold__.
J-M Consolidated
.
,
"80c
Ltd
Mines
87/0 Mar
2!/a Mar
ll7/8
29c
70c
Cadillac
Heva
14% Deo
■16% Jan
■
5
601
,115
.
97,100
1.45
20
——
45c
Ltd-—1,
11% Juiv
12
pfd— I—100
6%
Products^
Clay
41c
Inspiration Min & Dev Co
6 Va May
:
—
Co Ltd
Southmount Invest
NOV, V
bee
22
95
;r
Ltd—
Bridge Co,
80c
61%
5,403
9,915
'
750
24
Jan
108
41
21
-39%
85c
16
J 2
95
1.
Dec
85c
Zollinger Consolidated Gold———-«-l
Indian Lake Mines Ltd-—,
1,
Jan
108
39%
20
Pow Co Ltd com—*
Corp of Can 6% cum 1st pfd—.100
Quebec Pulp & Paper 7% red pfd—100
Reliance Grain Co Ltd common.
!—*
Pr
May
55c
Nov
22%
70%
1314
12%
11c
Dec
51
9% Aug;
855
1,331
2014
29
19
_3Q
Moore Corp Ltd
•
Mount Royal Hotel Co Ltdu-^,-—13%
-
Feb
40c
49% Feb
700
9
17
8
17
-
.
9c
'34,050
Oct
6,863
*
29
30
105 106%
30
105%
10
& Ontario
Minnesota
.
15%
17%
3.0OO
49c
Dec
2,027
75-
42 %
34
1514
24c
Nov
1,925
6.10 Jun
6.00
44c
9
11.433
•
3,10 Sep
4.90 Feb
100
Dec
37c
,
22c
16%
Jan
1.70 NOV
1
6.00
.*
Mines
7.00 May
.
47c
Goidbeam Mines
Goidora
2,100
Apr
1.10 Oct
35c, Dec
20c Mar
24c
51
-
5.700
,
Jun
2.99
1
—
4ac
Gold
52c
.
2.40 Mar
;
Co Ltd—L_1
J an
5
25"
62
12
13%
God's
Oct
33c
1.30
'
Deo
75
|49% Feb
1.735
12
10-
Preferred—
9%
50% 50%
'
•
Massey-Harrls Co Ltd 5%
McColl-Frontenac Oil 6%
9%
,
30c
1.27.
Gold—.
Lake
Francoeur
July
17 Va
4V2 Mar
700
1
14
-
13%
*'
Maule Leaf Milling Co Ltd common
Maritime Tel & Tel Co Ltd com
-
50%
*"
1
—•
Paper & Power
(Alfred)
Lowney Co Ltd-.
9%
.
110
'
15% .16%
31 - 31
■-
.
cony pfd—:—
St
Lake
,!
—————20
Foundation Ltd com*-
preferred
investment
6%
V;
*
Co.—
Insurance
4.27
Ltd—-—-,!!!!-!
Formaque Gold, Mines
Dec
Found
July
10
Tire & Rubber of Can
Goodyear
Halifax
8,000
31c
Ltd—
(1945)
Mines
Fontana
Jun
56
34%
13,500
1.27
!-—1
Federal Kirkland Mining
Jun
t
Mar
-i
4.35
1.15
Falconbridge Nickel Mines Ltd—,,—*
Dec
,
3.60
Eldona Gold Mines
July
33%
Jan
Dec
Elderidge
Nov
7
3% Mar
25c
,
2.95
v
Nov
31
Jan
2.55
600,
1.15
3.25
■,
1.15 Mar
1,000
.
;
.3.90,
Mines—
Ltd;
Gold
Nov
6%
1.60
3.25
——*
Mines——.—-
Gold
aider
5V3 Nov
71
1.60
.
■
Jan
Nov
25
592
1,035
,,
102
7.581
_
East
-East
Dec
51
iijM
'
Sep
26
200
30
29
Ltd———.—.—•*
Ltd.———1
Malartic Mines Ltd*——-——1
Sullivan Mines..—1
Mines
1945
''
LOW
High
Low
Donaldav Mines
"
Mar
3%
71
A'? 1,095
15 "
58% -
\ 15
53%
19% July
Dome
Not
Range for Year
Shares
Prices
:
Dec
; 18%.
\ 9% Feb:
2,590
3,225
810
..
75c"1"'
75c
14
Jan
6,567
«
55 k,
.
5
91/2 '
111 .
.
-
4%
5
9 *
Ford Motor Co of Canada class A
1,420
17% "18%
54
,
•/
Ltd
Aircraft
Fleet
131/2
t
*ar
High
Low
High
Par
'
1945
Range for Year
Shares
of Prices
Sale Price
)
,
for Week
Range
l.asi
Sale Price
t! Range
hales
Week's
Friday
Week's /.-v. Sales
'lor Week
Friday
-.v.-V#.,'Last
"i:,v i_!
■'!!!!
135
123%
Ask
35%
.
484
54%
140
127%
46
48
52%
54%
V:
52 r
24 %
64'/4
66%
120 - " 125 •
*39%
41%
2,010
2,070
•
19
22 % >
.•/!
;!v:
Far
Fulton Trust100
Grace National
100
Guaranty Trust
M0
Irving Trust
10
Kings County Trust
f100
Lawyers Trust
25
Manufactures Trust Co com—20
Morgan (J P) & Co Inc.
-100
National City Bank
12%
New York Trust
------25
Public Nat 1 Bank & Trust—17%
Sterling National—
Title Guarantee & Trust
12
United States Trust
—100
Bid
Ask
215
;!
205
190
392 :l
384 • 20%
19% ,980
1,930 3 50 ?
47
^63%
311
48
114 %
46 /a
81
25 %
800
65%
317
"
50
118%
48%
85
26%
830
THE COMMERCIAL & FINANCIAL CHRONICLE
.Volume 163 ' Number 4455
OVER-THE-COUNTER MARKETS
Quotations for Friday, January
"
11
For Quotations
Specialists
"
,\
in
i,
<
•
•
*
>
Shaskan&Co.
OVER-THE-COUNTER /SECURITIES
Firm
Members New York Stock Exchange
Trading Markets
250
40
Exchange Place, New York 5. N. Y.
V'
Established
Members New
1926
Direct
l
Wires
to
Phone:
Tele.
Reorganization Rails
"
(Wrhen,
Bonds—..
Chic
Investing Companies
'■; Mutual Funds-—
1
'Bid.■:
/
■
,
Aeronautical Becuritles—..I
Affiliated Fund Inc
1%
M
American Business Shares
$
Amerioan
Assoc'ted
_1
Standard Oil
11.97
8 ye
1
K-l
Series
8%
shares—
B-4._
Series
•
5.62
13.28
K-2—»
,——
19.46
l-.39.6i
Series
31.70
8-3—————
Series
20.92
42.59
29.32
S-4———^—.—
—.
....
34.79
;
18.13
S-2
mmm mmmy-
~
Knickerbocker
•
9.18
Bond
Inv
of
Tr
America——
108.12
B
24.81
Broad Street Invest Co Inc—8
43.10
23.07
25.28
Fund
Bullock
Inc
Fund
Ltd
1
'7 8.49
121.52
104%
Inv
Chemical
Fund
Ltd
1
Loorals
26.68
-
Sayles Mutual Fund—•
Loomis Sayles Second
Common
98%
99%
83%
85%
102 y4
50
100
Denver & Rio Grande
81%
100 Vi
71 7
99
■
:
73
;/■
23%
com..
Preferred-1
25%
58
St Louis & San Francisco
■.
35
33
com,,,.
Preferred
1993
52
79%
•
:
preferred
60
101
56.10
'
Income 75-year 4%s
83'A
v.
85 y*
Fund—10;
Manhattan Bond Fund Inc—
35.28
1
Securities com
4.30
•
Fund—
Christiana
13.60
100 3,000
Preferred———100
Commonwealth Invest
9.40
10.33
1
30.50
32.80
1
16.26
17.48
Inc—10
17.16
18.75
ICO
1
Investment Trust
Mass
14.72
Investors
Trust
Mass
37.94
Investors
2d
Mutual
3,100
145
1
Consol
150
6.69
67%
National Investors Corp
70 V2
National
Delaware Fund—
Dividend
—-1
23.34
25.23
25o
1.78
1.95
Shares
Balanced
Stock
16.99
Fund.—.—....——I
^
7.43
—.——_
6.51
7.20
series———.
priced bond series.——
priced stock common-
8.07
Flrst
Industrial
Mutual
2.77
ft
8.50
2
34.97
8.87
stock
6.70
Fundamental Investors Inc
Capital Corp__.
6.34
Group Securities—
Agricultural
■hir
Automobile
*.
.
;
shares
8.57
10.58
11.62
7.58
8.33
Electrical Equipment,
14.02
Food .shares—
•
Fully
General
bond
shares
Investing
./
7.76
8.59
17.85
.
.
.
American
.
Merchandise
7
10.76
Petroleum
shares—
RR
Equipment shares—.—
stock
Railroad
-14.21
stnrlf
■■■..■
y.
,77,-..
7 11.77
9.44
11.48
12.61
10.26
(Geal
Fund.
1
17.08
5.74
;
.
Utilities
Foundation
2nd
1.00
Great
57
Trusteed Industry Shares——25o
..,100
1.89
preferred
1.07
1
.
American
,v
fr'i;
B—— '
—.,.10
10.97
25.94
7
Wellington Fund———l'
20.49
7.80
Insurance Group shares,,,
1.15
1.27
17.50
19.18
Investment Co of America—,10
33.69
36.62.
Investors Fund C—I
17.19
17.56
7
r'V'VJ/'-' 1,1 *
^,1
B—
1
M. -
Series.•
'B-2—,
Series
2.90
•
3.25
Series 1956——i————1-
22.46
Arkansas
69
Reinsurance Corp (NY)——2
Republic
iTexas)^,
10
i5y4;;
16%
Revere
27%
St Paul Fire &
4iy4
Seaboard Surety
Security New Haven^^^——10
Springfield Fire & Marine
25
Standard^ Accident———.—,».10 ;
12
13%
42
Travelers
97%
0
33%
35%
30%
,
119 y4
21%.
Lt
3y«s_. 1974
107%
108
102
2V4s
Feb.
iy2s Jan.
-.*■
1, 1955-1953
1,
105.11
.,
1953-1951
101 Vs
101 y*'
,
Pub
Lt
&
2s
Serv
Pwr
2%s___. 1975
3s
K,
1980
100
2%si.—1974
Houston Lt <&.Pow
15.
V
1946
Int. Rate
i
—
1946..,,,
0.20%
100.26
b0.90
April 15, 1946-L———
Other
101V*
105.15!
U S Conversion 3s,—,-—1947
Panama Canal
tSept.
15,
15,
tSept.
15.
,,iya%
1947
1948
f
100.15
100.31
101
i Maturity—
''
ly4%.,: 100.19
106
Gas
Lt 3'/2s
Pow &
101.17
101.16
V
;
:
.
J
:
"
•
/,•'
'
.
''■
•-
'.'..V''
'5.
.
'
-
"
'
r
,/
:v
•
~
i
'• '-v-■r--'•
'.-v
,,57
88
38%
„
c
®
,
60
79477
41
'
-
t'/fls Oct.
j74s
Dec.
1,
1,
t'as Jan.
1,
108%
109%
1970
Elec 3ya8
Serv /(Indiana)
Ask
1974
•104/7
104%
1975
1061/4
107
3yaS—1975
108%
109%
103
103%
103%
103%
Public Serv (Okla) 2%s
100%
^1975
Reading CO 3'/as
1975
7,
Term
>
107
104%
102'/a
1965
105%
106
107%
108
RR
Ass
Power &
Western Lt
^
^.
&
Union
Oil
106%
106%
1975
103'/a
104 %
103%
103%
103%
Preferred! Stocks— 7 7
105%
104'/2
2%s
Light 2%s_1975
Tel 3s—
Ruppert (Jacob)
1975 7103%
Louis
-——1985
——
Texas Elec Service
Texas
104%
2%s_
St
of
'
Monongahela
Power
3s
1975
103%
>7.:Far I
Power 4.40%
100
111%
112%
100
107%
108%
$3.75——•
106%
107
4y2
(Cal)
"
United States Treasury Bills
-
1946—
1946
.
v
;
Bid
Ask
.0260 V
v
.0310
.0295
.0372
.0281
v
.0344
.0305
•
.0402
.0456
.0235
.0437
.0477
'
January 31. 1946—
February 7, 1946—
February 14. 1946—
:i
are
lot discount
„
purchase 7
B*i»
February 28,
b0.375 0 28%
b0.375
0.33%
b0.375
0,33%.
b0.375
0.33%
Ask
b0.375
0.34%
b0.375
1946,—
March 7, 1946^,,.—>
March 14, 1946—
0.32%
7 b0.375
:
at
Ask
.7,.
s—.
/February 21,-1946—,———,7
.0461
% ,.0408
.0314
...
.
0.35%
—
b0.375 0.35%
b0.375 0.35%
April 4, 1946—..——LA—
April 11, 1946——,
b0.375 0.35%
b0.375 0.35%
March 21,
March 23,
b0.375 0.34%-
1946
b0.375
1946—
0.35%
.0393
.0368
■' ,0277
:
:: '
\
.0394
.0318
vV,.0299
1946
..
,
January 17, 1946.—
January 24, 1946
;
Dollar Price 100 Plvs
1947——
Rates quoted
Bid
.0652
.0430
.0621
■
Elec
Dairy Products 2%s
108 %
••Treasury bills—
t7/aS Aug 1, 1946
t%s Sept. 1, • 1946—
t'/es NOV. 1.
' w-'
,4
Pub
103%
Lt 3'/8S~1975
133
f%S April 1, 1946—g
t7/aS May 1, 1946—
>
*7/as June 1. 1946
a
t.09%' July 1, 1946—
aa
100.26
1%%
45%
49
0.80%
102.18
Ss.———->—1961
Cprtificates of Indebtedness—
C;>b t%s Feb. 1, 1946—
—
t7/aS March 1,- 1946
100 19
100.14
1V*%
1947
a
,
100.1
100 18
.
Issues
101% 1
Rid :
ioo
1%%
tMar 15 1947,,—
tSept.
f,
42%
630
Montana
Figures after decimal point represent one or more 32ds of a point
Maturity—
:
37%
47
Monongahela Power 3s—1975 >107 %
Quotations For U. & Treascry Notes
tDec
58%
130%
109%
1953
ser
—
77
tMar 15,
55J/2
35%
126
615
—
Portland Gen
103
Vt
RR
Federal Home Loan Banks—
100.24
10,
.,.—,100
Nat'l
1097
Mountain States Power 3s_,1975
Pederal Land Bank Bonds—
.
t
M
80
Fidelity & Guaranty Co—2
2%s
Page 224
^-.Aak;
,
32
26 7
Westchester Fire—..——.2.50
108%
103 y2
Conn
Obligations Of Governmental Agencies
1950-1948
7% '
:
24
0 8 Guarantee—.10
104%
Minnesota
1956-1946
S
:
O S Fire
.
32%
123%
1974
Laclede
1,
6J/4
23%
Bid
&
City Southern 4s„,1975 7104
Kans Okla & Gulf Ry 3%s_1980
101 %
May 1,
..
Marine.1——12% t 77
55%
Kansas
3s
10
27%
.,
Cent
3.32
U S El Lt ft Pwr Shares A——,
FOR NEW YORK CITY BANKS & TRUST COS.—See
V. 1%S Oct
Fire
'
Buffalo Niagara Elec 2%s_. 1975
California Water 3'As,
1975
Erie
b
(Paul)
Narragansett
Pow
Birmingham Electric 3s
3.82
Sertes 1955———.1
30.86
20.46
B-3
17
41%
173
Bonds-
—2.50
D
29.89
28.17
97
39
-
North Amer Trust share*-—
•
10
10.50
Diversified Trustee Shares—
Keystone OustcMan Funds28.52
Providence-Washington
,
Unit Type Trusts-
Independence Trust Shares
Series >B-1—
67
59.
8.85
22.13
Stock and Bond Group shares.
.
62
.10
93%
Preferred Accident—15 %
22.35
9.61
,1.18
115%
65
—30
28.36
Bond Fund series. A—
'Scries
Union Common
1.07
—.28.L> 110%'
Indemnity Co
39
.
100
Phoenix
93 y2
10
95
11.99
Union Preferred Stock Fund
Fire
17%
27%
.
23.65
Stock" Fund
■
%jt
20.20
Pacific Fire.,,——
,
19 y4
0
:
v
87/e
—^,.4.......12.50.
38 y4
.
16
25%
—8
—
25.53
Union
Institutional
Securities Ltd—
Aviation Group shares—.—
Bank Group shares
.
43%
66
,
32
50%
8
2.50
—
v
37%
•30
; 10
:
1.19
24.76
34.15
**
..15
—
Hanover
60
21.63
1.94
31.76
—
36
108y4
;
Globe & Rutgers Fire com.,,15
8.18
91c
River
7%
195
o
35%
10
Northern
v
185
2
60%
168
Globe dr Republic—.8
15.95
State Street Investment Corp,—
Fund Inc
—
Northeastern
Glens Falls Fire.,«.^^..-.^,...8 ,-i'; 53
113.78
—10c
20
Casualty
7
25%
8.02
2%
Amsterdam
24
56, 4
■
Fire,,
Hartford
Common
New
North
63%
|q
14.63
Selected Amer Shares
Sovereign Investors——I■'
.7.92
,
111.52
Fund, Inc..—
8.08
Income
10
'
.
29%
New Hampshire Fire
New York Fire
72
:
62%
81
41 %.
General Reinsurance Corp new 10
Gibraltar Fire & Marine
10
18.37
5.22
Standard
—
27%
59%
26%
%
6%
2
New Brunswick
69
We
5%
10
24%
10 4
7%
(Detroit)—10
89
1
^ranklin
Republic Invest Fund——1
6.02
7%
22
19%
95
67
4
78%
8
Fireman's Fd of San Fran„..lO
Firemen's of Newark
a
Trading—,,——
Scuddef, Stevens & .Clark
7.22
Incorporated investors——.ft
—:
Fidelity & Deposit of Md____20
Fire Assn of Phlla,.—
.10
^AAVA"'!'
Puinam
Casualty
17%
64
4
National Liberty
National Union Fire
Pacific
9.75
9.36
,•
National
Fire N Y
46
90%
-—9
National Fire
46
86%
common,,,.—10
Federal
•
33 %
i*k
42;;-,'
1
12%
Fire
,..
Employees Group,,
Employers Reinsurance
"
&
Mfra
Monarch
23
7
Casualty
Merch A
.75%:
v
Continental Casualty^»..i^.,.^5
58
Crum & Forster Inc—
—,
34.
12.93
10.38
'
<49 4
:
14.58
——————
Petroleum
®
City of New York,.a^^..._Ll8^
18.14
7.00
7.20
;>
16.52
7.35
Utility shares—,
,
new
37 Va
Connecticut General Life
15.61
.13.27
■6.36
5.47.
t't;
Camden Fire...^
11.79
i.
„
shares—..,—
Tobaccp: shares—
:
———
Steel shares——
.
v,(
14%
20%
43
,
Maryland
Massacnusetts Bonding
Merchant Fire Assur
27%
72%;
„
j*"rt
; ;
14:-'"!
17.49
10.73
Tnenrawff*
\ '
Boston
11.51
15.93
^
r
40
19%
21
20
25% '
'•
13
Baltimore American-..—.—.,2 %
Bankers & Shippers
25 J
19.38
-10.47
Railroad equipment—,——
8.27
6.57
23 %.
34%
Surety-...^,i^..,25
Automobile
}
.! 13.56
■
7'4.37f
3.96
-
5
•8.87
7.26.
7.52
'
.,10
12.55 m 13.79
12.02
,6.60,
shares
'
10.29
12.34
.
w——
Metals
10.77
10.94
—.
16.47
v
17.65
stock
12.62
shares.
Bond
9.36
Merchandising
11.29
9.80
—
Mining shares.
Railroad
15.00
11.06.
11.49
i
Low Price Shares
;
>
American Alliance-.,..^-
American Fidelity & Casualty.8
American of Newark
3%
American Re-Insurance^
^10
American Reserve
10
5.27
17.67
America
Jersey Insurance of N Y
5.85
.
.1
10.61
10.07
99%
25%
Machinery
10.11
9.66
*
Industrial Machinery sharesInstitutional bond shares
-
7.30
9.20
shares—
97
Fire
:>
-
Diversified. Speculative^—— -17.02 s
18.b8
Electrical equipment!.:.^,—;—; .12.00 7 13.18
,
15.39
6.64
Administered
10
Equitable
Diversified Investment Fund—
9.42
Building shares..
Insur Co of North
American
Chemical
12.14
7. Chemical shares
90%
.
5.78
Bank
: 10.44
11.05
17% '
87
;,20
5.22
——
Building suDply.
Business
Equipment
9.50
15%
37%
12%
Aviation
;
-
10
Automobile-.-,....,4
Casualty
—,5
Agriculture
6.66
shares,
7 j Aviation
uv;
;
shares
Homestead
American
New York Stocks Inc—
—
I
51%-;
American
England Fund
77'7,
9.47
47;30
31%
11.03
.
General Investors Trust.
,5
6 7.03
Automobile
General
46
Home
9.99
New
7.67
Fund
Agricultural
V-Ask
Bid
pU
58%
aoi/? 1
79-:
-
,
i
Hartford Steamboller Inspect.,10
6.28
Stock series
-v
38.32
shares A—2
Trust
Fundamental Trust
30.08
2.52
Fund, Inc,
AetnA'-Llfo.■
1
98
1
..
11.11
Speculative series
Financial
8.16
10.01
series,—
'V-
Ask
Aetna Casual &'Burety—95® v
Aetna
j ft ® - 56%,
Selected series
18.17
27.93
Fidelity Fund Inc-—-.*
16.87
13.51
Preferred stock series
Low
28.81
26.94
1
seples.
Industrial
•
Fund
15.71
12.50
1
Security Series—
Income
Low
Eaton & Howard—
Insurance Companies
Securities—
shares————
Balanced
7.27
-
Fur.d
Fund
Invest
Nation-Wlde
Bond
:
a.v
106%
123.00
54.98
—.
Common
Canadian
Century Shares Trust-
'
Chicago Rock Island & Pacific—
82%
5%
1st 4S——
1994
Conv income A'/aS—,,,—2019
Ai«k
—
46.59
Boston
110.54
;7.67
issued)
Eld
105
80%
St Louis & San Francisco—
1st 50-year 4s_
17.79
8.27 k
16.17
Fund——
•103
2003
——
1st 3-4s income
19.94
■
Houghton Fund B
1983
—
Denver & Rio GrandeIncome 4%s U——^,,,,2018
32,25
1
-
————
Series
:
24.41
29.29
■
■
Series S-l—
12.03
11.69
Scries
7.53
6.88
5.13
12.54
Foreign Investing.lOo
Axe-Houghton Fund Inc
Axe
10.91
if
Stocks
Chicago Rock Island & -pacific—
(Cont.)
Keystone Custodian Funds
and
as
Ask
<te Louisville—
2nd 4%s
Ask
Bid
Far
-
Bid
Indianapolis
1st 4s
' Auk
/7;/
,
-
1-953
Dealers Association
.
>77777777/.'7?«r
/
.
"'ui'.'-
.
Bell Teletype NY
1-1287 & 1-1288
PHILADELPHIA
—
..
*
.
2-8700
REctor
NY
York Security
CHICAGO
V.'A.A;
•-
Tel: DIgby 4-4950
120 Broadway. New York
Ward&Co.
'
Members New York Curb
Exchange
ISSUES
ACTIVE
Real Estate Bonds
on
J)
»
a
to
Odd
lot sales,
b Yield price,
d Deferred delivery,
e Ex-interest, f Flat
price,
k Removed
r Canadian market,
s Cash
sale—not Included in range for year. . t Ex-stock
(Un) Unlisted issue. 7x Ex-dividend,
y Ex-rights,
z Formerly Athey Truss Wheel Co.;
changed effective Sept. 17, 1945.
7:777'
'77- :'7
.
'7 ,■ ■•
Stock
Exchange.-/
dividend. '
name
•No par value,
tin default.
furnished by sponsor or issuer.
tThese bonds
are
subject to all Federal taxes.
/
^Quotations not
7
THE COMMERCIAL &
226
Monday, January 14, 1946
FINANCIAL CHRONICLE
Week Ended Jan. 5
1946*
BANK CLEARINGS
THE COURSE OF
1945
will show an increase
clearings this week
Bank
for the week ended Saturday, Jan. 12,
clearings for all cities of the United States from which it is possible to obtain weekly
clearings will be above those for the corresponding week last year. At this center there is a gain for the week ended Friday of 10.3%.V Due to the strike of telegraph workers
we are unable to complete'our tabulation and give below the few returns that have
Philadelphia
Reading—
?
*
.
TelegrAph
Clearings—Returns by
Week Ending Jan. 12—
New York
'
,
i'il
•
•.
Total
"
•
-
19*6
;
1945
$5,872,435,103 $6,324,171,522
Philadelphia
Boston
•,
,
City—
Kansas
t
>/ 354,391.483
t
—
—■
St. Louis..
,
y:> 274,244,000
J.
;ISan Francisco
Pittsburgh'---^-—.
\
Cleveland---—
t
|
4-10.3
^
cities, five days.-—-
Ten
——
$7,694,516,696
1,724,968,245 1,614,073,765
Other cities, five days.—————————
Total all
cities,
one
Total (7 cities)
covered by the foregoing will appear
Sixth
furnish them today, jn as much as the week
i ends Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which we present further below,
we are able to give the final and complete results of the week previous—the week
ended Jan. 5. For that week there was an increase of 13.0%, the aggregate of clear¬
ings for the Wholfe country having amounted to $12,441,975,093 against $11^008,612,135
iin the same week in 1944. Outside of this city there was a gain of 9.7%, the bank
clearings at this center having recorded an increase 6f 15.6%; We group the cities
according to the Federal Reserve Districts in Which they are located and from this
; is appears that in the New York District (including this City) the totals record an
improvement of 14.9%, in the Boston Reserve District of 14.2% and in the Phila! delphia Reserve District of 18.0%. In the Cleveland Reserve District the totals are
larger by 3.7% and in thd Atlanta Reserve District by 3.4%, but in the Richmond
Reserve District the totals are smaller by 0.4%. The Chicago Reserve District has
week. We cannot
issue of next
our
+
Districts
Reserve
12
-
6th Atlanta
10
"
"
"
"
Chicago
17
"
4
"
7
"
«
Philadelphia —10
3d
"
4th Cleveland
7
-
6
5th Richmond
:
7th
Louis—;
8th St.
Y;
—
9th Minneapolis
10
City
10th Kansas
11th Dallas
—
10
12th San Francisco.—.
:
6
.
i
Total
L
Outside N6W York City,
*
1
•-
.
We
'v'
'>
743,223,752
326,572,880
add
now
our
i
?
-1
"•
'
*'
-J
I*.
220,591,487
323,615,145
202,098,662
523,723,874
"
"
4 .;
.i
t
43,060,587
308,803,076
309,931,191
'
v
Firfet Federal Reserve
3,126,861
+ 13.4
2,132,156
—17.5
1,953,722
2,204,209
+ 16.8
52,791,401
54,321,624 ' + 12.2
5,444,671 ;■ —13.8
—28.8
396,693
^
2.9
95,185,042
54,484,045
41,861,164
42,532,186
5,404,133
324,558
3.4
435,531,753
282,273
92,411,054
Louisiana—New Orleans———
1945
1946
$
Seventh Federal Reserve
River————*
-
—
620,247
1,345,355
7.8
+ 5.3
Springfield—i———
5,286,289
+ 9.3
.
5,777,978
-
1.
Worcester-—„
4,501,158
Connecticut—Hartford—18,384,116
*
.
Island—Providence
10,661,870
Y:.:v
■'
■
Y'0
"
■'
.
-
542,513
973,261
24,496,137
York—Albany.—!
7,168,291"
+14.2
462,755,111
Buffalo
V>
L±
Elmira
-
: •''■ YP
New
York
7,273,795,737
15,538,251
;
•
•
;
—
4.2
1,016,796
+14.8
1,173,527
+
0.9
* 6,292,749,158
+,15.6
14,611,412
+ 5.3
'
-
Newark
15,214,051
New
Jersey
—
cities)
"
17.3
35,173,488
'2,097,843
14,969,313
C; 6,335,647
+ 34.9
672,418
516,662
15.9
520.570,000
435,628,435
0.4
8.8
1,861,172
6,340,057
2,572,950
2,152,937
1,288,386
5,206,3?7
2,088,559
1,877,609
+
+
+
30.0
44.2
640,914,093
+
16.0
674,445,853
+
16.9
*
4 <
>*'.7;
r">r
r+:';a
■.
51,271.201
1,159,110
:
169,600.000
71,820,373
44,481,275
1,110,365
287,018,013
+
5.6
3.6
48,372,550
+
3.8
1,308,000
+ 13.8
310,564,475
>•
148,400,600
184,200,000
76,683,925
+
*-
ypy'.P^y--:
:■
■
V
559,664,764
>
64,721,413
41,630,493
?
867,000'
.
255,618,906
District—Minneapolis—
St. Paul-i
Horth Dakota—Fargo
City
t
Eleventh Federal Reserve
.
f
11,991,583
8,210,121
6,180,585
9,187,368;l-J-10'.7
7,468,517
471,204
29,058,147
29,506,097
—
1.5
50,248,091
46,887,277
—
7.2
30,927,330
50.137,659
7,460,933,833
6,493,192,777
+14.9
6,586,512,495
:
—J
30,978,194
:
44,555,605
4,637,292,083 £
P'&Y- 3,349,619
71,862,294
.
w—^
,j
Pasadena
San Jose
;
'
1+ Santa Barbara
^
7,110,179
*2,100,000
5,472,581
0-, Stockton
•
30,530,547
5,981,543
5,977,578
314,913,000
y". San Francisco
(111 cities)
*Estimate'd.
;
—
';4V'Y"-'
15,567,147
5,830,949
225,072,680
187,411,393
5,972,618
7,193,063
—
8.8
1,095,097
1,133,304
+ 26.6
1,109,232
1,092,475
+
3,711,561
346,512,617
+10.3
+ 37.7
276,279,236
3,018,313
2,794,053
+
24.7
139,185,000
101,143,621
+
0.9
! 16,123,447
13,216,511
3,042,000
+ 24.0
1,797,670
6,918,673
+ 17.3
166,223,078
81,625,415
■
3.794,000
3,660,000
1,685,937
>
1,293,651
4,608,214
5,925,883
+21.6
168,280,911
: 128,241,836
6.4
98,769,129
2.0
+
.?
—
'
—
.
90,603,9
22.3
2,527,848
1,646,1
3.1
76,746,601
2.8
33,472,763
73,408,6
28,421,5
8,712,396
—31.3
U 11,519,359
5,299,260
+ 12.8
5,841,834
3.469.4
+
7.0
258,981,5
7,285,287
—
2.4
320,578,936
6,127,477
2,340,702
—10.3
n12,551,247
+
3.5
4,191,708
+
2.2
562,266,902
+ 13.0
+ 9.7
11,531,982,995
5,696,743,705
5,167,045,266
4,224,126,229
2,739,987
74,166,711
>31,411,451
294,237,000
5,480,775
523,723,874
(10 cities)
New York
4,227,189
3,089,596
2.4
+ 10.4
7.0
16,420,174
76,426,533
. 4
—— —
California—Long Beach
j:'.;
1,057,721
+ 56.0
+
\ H V r +i'"V
Utah—Salt Lake City
Outside
5,150,936
65,224,104
District—San Francisco—
Oregon—Portland
Total
236,288
4,845,847
88,267,145
134,335,000
202,098,662
' ) *'
Yakima
Grand Total
,
5.7
7.6
292,966,682
7,055,474
,
.Total (6 cities)!
V V' '
272,810
5.6
+
+
967,104
-—.
347,828
w";
5,011,231
178,628,057
+
■
,•
Louisiana—Shreveport———
7,121,491
5.8
230,699,912
248,878
J
Washington—Seattle
+16.2
1,068,975
District—Dallas-
...
——
V
46.7
4,445,415
——
—
,Vi '>'*
+
1,684,576
1,418,955
5,326,492
+
72,127,692
2,257,841
7,224,737
198,00.9,337
6,627,957
5,109,691
167,480,000
,16,573,539
Galveston—3,771,000
Wichita Falls2,108,958
i'
Dallas
Fort Worth
39.8
189,905,549
323,015,145
.
—
Texas—Austin.—
3,721,214
9.1
+
3,976,447
1,051,909
1,339,482
-
cities).
30.1
+
.1,422,554
^
6,166,810
i
i.i
Pueblo—
Total (10
44,276,706
3,323,155
! 1,301,027
3,507,753
7,401,411
218,634,276
Colorado—Colorado Springs
'
119,455,777
59,252,560
1,601,581
3,521,532
Wichita--.—*-.——-.
Joseph
4,191,216
154,820,621
7.2
262,274
*4,700,000
Lincoln—
St.
4,475,494
9.6
+
District—Kansas Citjr—
Tenth Federal Reserve
Nebraska^-Fremont.
v
3.0
+
<
220,591,487
Total (7 Cities)-..—;-———
'840,478
+13.9
—
?| 5,835,231
.
Missouri—Kansas
+
42,306,168
1,747,801
1,988,418
——
Montana—Billings...—..—
—.
Helena—>-
4,471,617,476
:
4,533,094
132,556,952
56,487,939
4,563,962
;
*
South Dakota-—Aberdeen
^I;05l,1'946
'•
7,432,128
477,526
'
+
+
326,572,880
7
7,013,963
1,493,534
54,100,000
..
6,364,937,729
*450,000
Jersey—Montclair
(12
;
62,249,000
3,605,522
75,211,000
1,383,075
,',1,163,203?
8,200,474
Connecticut—Stamford—
Total
^
2,759,843
19,183,179
8,252,842
52.4
+
75,842,569
Ninth Federal Reserve
ZY'MY
8,468,419
Syracuse.,
Northern
59,621,000
'1,184,451 W;;.
—
Rochester
New
+79.8
27,783,084
—62.0
1,940,457
1,167,215
—
Jamestown
i
25,962,031
+
2,118,037
6,318,983
198,300,000
—
Twelfth Federal Reserve
9,865,879
34.0
501,523,161
Minnesota^—Duluth.-.—J—4,669,776
Minneapolis.————.—.—.
145,298,360
428,737,559
3,489,169
Binghamton
+
743,223,752
Total H cities)——
Second Federal Reserve District—New York—
New
8.843,270
24,577,792
:
+ 20.1
1,872,199
Illinois—Quincy——^——*'..—.^,
17,731,019
18,146,700
YYYY-:
36,380,000
4,794,476
5
2,552,627
Kentucky—Louisville
Tennessee—Memphis
4,547,788
3,539,930
3,478,164
427,519,393
'
1.5 : :
2,700,228
Missourl^-St. Louis——
6,796,087
15,702,000
689,972
:r.
2.3
24.4
+
719,901
4,782,474
3,100,371
2,912,246
29,526,000
3,518,419
9,923,084
4,080,824
4,491,154
6.3
+
+
7,226,940
710,227
958,218
581,324,205
2,127,533 +
6,875,322
3,318,831
Eighth' Federal Reserve District—St. ■ Loutl—
Lou I s—
886,554
4,335,072
372,137,195
866,368
1,070,710
*
—
15,752,493 !
8,476.587
Sioux ■ City.—
Illinois—Bloomington
—33.0
2,313,114
•
-
24,000,347
Des* Moines
Kansas—Topeka.——————
+53.1
•
1,268,321
488,378,97 1
.
-3,098,667
h
Iowa—Cedar Rapids..——.*.
+ 31.5
32,898,000
3,779,370
10,505,451
39,073,073
"
828,649
8,735,022
(12 Cities)————-——
>
;
46,957,761
Wisconsin—Milwaukee
•
5,792,018
,,,
3,648,102 '+ 23.4
17,845,308. + 3.0
6,536,821
+57.8
17,097,400
+ 22.0
-
20,861,800
!
Hampshire—Manchester——
5,416,323
837,850
6,075,089
•—,,4.4
3,989,675
4,159,338
>
4,701,803
South Bend—
:■
S+Ssp'
705,082
33,650,000
Terre Haute.—
;
$
1,220,218
572,076
—
Total
$
/
1,087,373
4,025,537
394,590,143
937,052
742,768
3,865,181
-
>i,
7,125,114
2,673,919
3,899,351
Indianapolis
1943
368,337,656
1,100,612
Bedford.—1,416,514
Haveii
1944
+41.9
—12.2
+14.3
+ 9,0
j
•
.
673,976
Indiana—Fort Wayne
city for the
1,007,773
97,559,186
354,711,502
"
aicagc—
District—Chicago—
Lansing.^..—
5,167,045,266 o u^y,
4,224,126,229I s
<\ S1' ^
<- \
i J<>\'
-iA
"
Dec. %
5,606,098
336,186
88,094,014
..
Michigan—Ann Arbor....——
Grand Kapids.—
255,618,906
178,628,087
11,531,982,995
Inc. or
64,498,524
"
Week Ended Jan. 5
f
+
445,938,805
::+.-;V £:
276,279,236
128,241,836
475,028,992
5,696,743,70?
3,395,145
420,837,267
*1,200,000
Portland
New
1 W"
.
559,664,764
168,280,911
562,266,902
1,429,574
Massachusetts-Boston—
New
.'f ' <
1.5
.
460,970.396
(10 cities)——.——.—-^.
+
'
537,922,294
252,207^82
354,711,502
District—Boston—
Maine—Bangor——
Rhode
f-
8,305,654
+.11.1
4,693,846
^
,
,♦
$
Clearings at—
New
j'
33,750,662
120,200,000
2,569,550
—25.9
,
.
^^ ,'i<
'
Lowell
1
+13.0
+ 9.7
11,439,666
41,466,610
164,900,000
2,752,888
14,814,873
Mobile..—
Mississippi—Vicksburg—
428,737,559
4,637,292,683
. 612,410,664
346,512,617
252,207,182
38,425,784
Total (17 cities).
713,071,097
298,563,964
435,531,753
674,445,853
310,564,475
230,699,912
298,563,964
179,300,000
10,984,080
60,975,185
1943
•
0.4
—
42,673,199
Springfield
1944
$
38,846,657
]•
26.9
+
182,000,000
___________________ _
61,644,638
Tbtal
158,182,611
44,806,152
8.8
—
6,620,000
2.666,lia
128,535,716
Reserve District—Atlanta—
Rockford
four years:
^
Fall
' »/
2,457,290
Alabama—Birminghara.———
- *
462,755,111
6,586,512,495
742,777,905
detailed statemeht showing the figures for each
■
:
11,008,612,135
4,709,862,977
12,441,975,093
' 5,168,179,356
-
;week ended Jan. 5 for
"
308,803,076
460,970,396
—-—111 cities
■'
»
.
617,493,608
:
Districts:
.
$
488,378,971
7,460,933,833
766,169,409
;
*
12 cities
————
NeW York—
2d
1945
Inc. or
$
Dec. %
427,519,393 +14.2
6,493,192,777 +14.9
646,271,848 +18.6
595,428,622 + 3.7
309,931,191 — OA
445,938,805 + 3.4
640,914,093 +16.0
287,018,013 +13.8
189,906,549 +16.2 ,
292,966,682 +10.3
166,225,078 + 21.6
512,699,084 + 2.2
1946
Ended Jan. 5—-
Week
Federal
V»lst Boston
6.1
CLEARINGS
SUMMARY OF BANK
-
+
1,080,3^4
1,539,762
.7,686,000
83,898,149
165,382,279
Peoria.
furnish a summary of Federal Reserve
2.4
2,770,771
Decatur....,
we
+
Macon...
District
following
74,458,137
+ 39.1
—12.1
54,626,735
y Chicago.
In the
537,922,294
7,986,000
Florida—sJacksonville——.——
District of 13.8% and the
^Minneapolis Reserve District of 16.2%. In the Kansas City Reserve District the increase is io.3 %, in the Dallas Reserve
District 21.6 % and in the San Francisco
! Reserve
713,071,097
1,451,503
Augusta—
■
3.7
2,610,527
Georgia—Atlanta——
.
+
3,546,370
1,759,751
Nash ville___
1
0.6
89,440,295
Tennessee—Knoxville
16.0% the St. Louis Reserve
Credit a gain of
its
to
federal
-
7.2
+
150,794,490
v
Total (6 cities)—
details for the week
Complete and exact
in
1,944,808
3,636,563
225,377,976
+
7,018,000
Maryland—Baltimore.^^.—.^..^..
District t>f Columbia—Washington.
available.
not
tDue to strike figures
14,994,700
2,097,849
3,897,270
305,517,187
2,019,139
Richmond——.
South Carolina—Chftrlestbii.—.....
$11,453,636,293
week——t
16,909,200
4.4
91,573,941
Wept Virginia—Huntington—.
Virginia—Norfolk.
v.
2.9
—
District—Richmond—
Fifth Federal Reserve
v
+ 6.9
617,493,608
—
+
100,226,837
595,428,622
247,200,048
Pennsylvania—Pittsburgh—
188,319,761
3,563,305
3,925,338
.
—
4,770,979
118,115,475
261,763,137
+
245,064,044
2,575,844
—
^'Youngstowh.^—
d&y
Total all cities for
17,727,200
;
3.5
0.7
+
+ 10.6
111.739,379
210,820,518
17,227,900
•? 2,694,427
218,214,183
Columbus,——^.—
Mansfield—.—
3,421,650
+
42,190,049
4,250,010
123,600.985
v. Cincinnati—.
'...v Cleveland
;
$9,308,590,461
t
cities, live days——————
612,410,664
646,271,848
1,503,000
+
District—ClfevfelahA—
Fourth Federal Reserve
;
' t:
———
'
742,777,905
+
766,169,409
——
121,405,158
Baltimore——.———————
.
^
+18.6
1.1
—
4,703,300
Ohio—Canton.——..——..^..
206,022,161
171,856,387
V
2,596,405
4,597,700
+ 16.1
3,116,407
1,693,808'
■
-302,112,123 4-17.3 /(j.
183,003,389.
.
,
143,800,000
246,393,000
11.3||;|>^||;:
f
——
—
(10 cities)
536,370
9.0
+ 18.9
1,797,890
W
?
1,761,270
597,000,000
1,288,360
3,045,841
1,352,646
2,262,883
3,334,600
—15.9.
23.6
+13.1
%
565,600,000
,
1,088,072
2,053,371
724,000,000
1,749,533
3,282,123
2,093,455
,
+>•>+.
s
—
V'
♦
—
1,276,490
—15.7
527,732
1,300,963
631,211
—18.3
3'2,367,755
5,127,400
New Jersey—Trenton—
,
.
739,890
1,902,982
3,082,487
2,093,270
York—^
^
A"
+ 12.2
629,000,000
748,000,000
2,087,801
—.
—
Wilkes-Barre———i—
♦
■,
>
v
_
1^
'
v' '
11'
555,309
*1,600,000
'
Scranton——
-
.
reached us.
P
Lancaster—.
,
'V*'W
668 807
Pennsylvania—Altoona—
750,218
Bethlehem——437,180
Chester——————.
623,298
figures indicate that
Incomplete preliminary
District—Philadelphia—.
Third Federal Reserve
compared with a year ago.
1943
Dec. %
'
'■
1944
inc. or
$
'
512,699,084
12,441,975,093
5,168,179,356
11,008,612,135
4,709,862,977
+
—
—
7,627,6
4.693.5
fC
1,750,9
4,425,4
475,028,9
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4455
Volume 163
Company and Issue—..
tllllll
It
Foreign Exchange Rates
EXCHANGE RATES
FOREIGN
'•
passed:
Unit.
v.'ftY
~
Jan. 7
Jan. 5
Jan. 4
pound-;
.^1.—
——
Belgium, franc—
.297733*
.251247*
.251247*
.022859
.060602"
.060602"
.060602*
.060602*
.051802"
.051802*
.051802"
.051802*
.051802*
.909090
.909090
* L,>
;
.909090
-J/
.907500
;
ft,
.907500
",
.008410
.205800
.379327
.379327
.909090
Netherlands, guilder——
Newfoundland, dollar—
.301215
.205800
4.033750
.909090
;
Y
.379327
.
.205800
.379327
.909090
.909090
Off iC-ial—————T'f'-v;'"Free----------ii^-U.—
New Zealand, pound
—
—.
Unibn of South Africa, pound——r——
Uruguay, peso—'
'V
■
ft
-.905000
,.
3.227000
.
.905000
/
.
3.227000
Controlled------.-—.
.658300"
Noncontrolled——r—
.562900"
4.005000
1949
——
Texarkana & Fort
series
Manila
5%
,562900*
„
Morris
in New York City
$219,000,000 at all reporting member banks.
summary of the assets and liabilities of reporting
thousands
(In
due
A,
■SmitJi-RyYTstimtgel'BVii^ "'bonds,1I y.-'Y^Y
Assurance
Co.
of
N.
Jan. 9,
Assets—:
for
Jan.
2,
25,995
+
10,
notes
802,323
'
-
:
$
717,805
Loans and
191,333
—
1,964
+■
1945
$
Assets-
Loans—total.-^.^-.—15,890
Commercial, industrial, and agricultural
Y
7,258
R.
F.
1946
1945
1946
/ft ft
17,038,560
Gold certificates ''.—i———(
Redemption fund
Jan.
~
1946
-
.
Dec. 26,
2;
+
investments- -total.
+
8,061
61
+
3,260
10
+
833
+
ft
—
Total
■
S.
•f
277,548
k +
-
-
and
Industrial
U.
1.7.890,883
gold ctf. reserves.—-
Discounts
10,184
+
84,685
—
Loans
kX 57
brokers
dealers
and
94,490
12,566,189
——
'
+
8,810,511
Notes
1,535,100
946,892
Bondsi.——-:-
130,500
■
8,000
881
foreign
W,M
24,375,414
loans and securities.-
from
,
.
,
427
Other securities.^--—
Bank
items
ft'
+4,951,822
.
1,705
.
1,761
Treasury bills.
+
5,034,500
ft 26
.
+
,
194,320
+
1,156
Reserve
notes
-525,112
24,484,899
..
,
,
Member
acct..
U. 8/ Treasurer-<--gen,_ acct.*
+4,779,696
Other ■:
>
-149,969
■:
78,501
~
,
13,335
—
+
—867
;
+1,764,639
230,017
292,597
+
+
52,701
45,250
+
2,595
Y
"
84,385
—293,770
8,013
Capital paid in—
..I
' 178,250
Surplus (Section "7)
"
■
358,355
Surplus (Section .13b )v
27,428
Other capital accounts.—.
25,868
+
1,711,510
177,862
280
+
+
.
—527,844
+
.•
+
5,266
to deposit and F. R.
combined.—
Commitments to make indus¬
trial loans
Borrowings—.
Debits to demand
21
llo
§3118
15
a
1,819
1,866
20
—
U, .8,
and
Gov't
NOTICES
Byers
(A. M) Co., 7%
+
76
+
559
holdings of
bills were a decrease of $100,000,000 in the
Chicago District and increases of $82,000,000 in New
York City and $50,000,000 in the Philadelphia
District;
reporting member banks
was
Pacific
Ry.\
+ 395
+
1,217
21
+
293
+
135
+
all
districts
and
was
the
total
OF
gold debentures bonds, series A, due 2022ft.—July if'47
Inc., prior preference stock—
Feb
1;
United Light & Rys. Co., 5,/a% debentures due 1952—v-Mar
1
Washington Gas Light Co., $5 preferred stock
Jan 19
Wilson & Co., Inc., preferred stock.
.——Feb 20
at
all
Dividends
first
,r
1
Feb.
:
'"
§2313
§2862
§3122
§3241
§In Volume
162/
Department" in the week when
declared.
The dividends announced this week
Any time
/
ftftftpef'ftftft
«
Name of
67
§3192
Company
Admiral
§2822
5%%-< bonds, series A
,5% bonds;; series B„—
mortgage 4 V2% bonds, series C—
*
-
*
■,
S.)
!
——Any time
§2824
Stove
American
.Jan 28
1
——Apr
/
due
Appleton
;
—Mar
1
Feb
1974—.—-Feb
1
1
1962
§2814
Public
§2639
•
——.Apr
—..—Apr
.Apr
1
1
1
Electric Corp.—
V Y
\ r Y ;T
preferred stpek, series-A.——_————Feb
1
Empire Gas & Fuel Co., 3 V2 % debentures^ due 1962—.Feb
1
Food Fair Stores, Inc., 3!/2%
debentures——
—Feb
1
Illinois Power & Light Corp., 5 Vzfc deb. bonds due 1957_Mar :1
Lake Superior District Power Co., 5% preferred stock__Jan
8
Northern States Power Co.
(Wis.)— V
•
J- v'V,,
>
68
68
mortgage
6V2S due
Harbor Water
■
70
.
,
1-21
$1.25
,
2-1
1-21
$1.25
2-
■Y"
;
§3075
'
...Feb 15
§3080
76
Power
1S54...——
Corp,—
-v
_
.
1-25
1-17
2-1
■
12-31
2-
1-19
1
ft;
1-15
t$1.37Va
ftY 2- 1
3-
*
1-15
1
Y
2-15
2-15
10c
(s-a)—/-
ft:
2-
1-31
$3
2-
Ribbon
5%''/preferred (quar.)..
Booth Fisheries,* $6 preferred
50C
2-15
1-14
v
;•
1-25
;•
:
Fund, Inc.
1-25
ft' 1- 7
1-10
1-21
'
'
2-
1
2-
-
1
.
"
1-15
1-15
1-25
22V2C
ft
1-18
2-15
90c
Electric
Brothers:
Corp., Ltd.—
1-15
1
50c
,
Bloomingdale
1-15
25c
$2 cony, pfd. (quar.)—»
1-31
1
1-31 :
7c
Inc. (quar.)—....—
&
3-
1
: 2- 4
2-15
J$2
(extra)—~—
'
Boston
1-15
2- 1
5c
—
1-15
1
1-19
Y Y
——
(quar.)
Y
...
—.
2-
1
1-21
2-20
1-31
2-
$1.50
-
111
12-28
'
5c
Gas
1-5
1-7
(irreg.)
Biddeford & Saco Water Co. (quar.)— Yftftft. $1
-•
25c
Birtman Electric Co., common (quar.)
'/ft $1.75 Y
$7 preferred ('quar.)a....>_u—
Blue
1-11
1
1-Oc
Extra
Beverly
3-20
-
Best & Co.,
Y
40c
$1.50
5c
Benson & Hedges,
YftY72:'
§3196
Vis due 1979—
...—Feb 2
St. Joseph Ry. Lt. Heat & Power Co.—
YYY,' .
1st mortgage; 4 Vss due 1S47__----.---—--'----———FelJ; Y
1st mortgage 4
.
.1-21
1
......
.
1st
4
2-
Corp., commons
Preferred
(s-a),._.—
•
68
1
1
3V2S due 1964
—
——-Feb
Philadelphia Electric Power Co., 1st mtge. 5 V2S due 1972 Fem
Prairie du Chien-Marquecte Bridge Co.—
' ;. 1st mortgage
Safe
2-
50c
,
,
§3191
1-14*
3-28
Beneficial
/.'■ft/ft
1-17
1- 3
$2
3oc
$2.50
Utilities—
Beldlng-Corticelli, Ltd.
i
ft:
'
Common
YftExtra
68
1
1-21
*
—
§2639
2-
75c
■
.
1969—i
/
*1-7
;
Augusta & Savannah RR
Ault & Wiborg Proprietary, Ltd.—
SVife preference (quar,)
Avondale Mills, common
-
ft
1
20c
Company.......
Associated
1
1996—jFeb
v
1-10
1-15 ft
8%c
—
§2636
1-19
2-
i2yac
Co.-;—..
Viscose
Corp.. common (quar.)___
5%. preferred (quar.}
American Zinc Lead & Smelting—
/ $5 conv. prior preferred (quar.)
Anderson, Clayton & Co. (guar.)..—...—ft.
Anglin-Norcross Corp. (Initial)
Z._
American
1
•2-1
50c
:
.
112
11-14
2-
2VaO
Co.
Amalgamated Sugar, 5%
;>/>'Y-* ftv's
2- 1
15c
(quar.),—
preferred (quar.)^_
American Home
Products
(monthly).—,
American Products, 5% prior pfd. (quar.)ft/
American Steamship (quar.)
(A.
of Reo,
Payable
.
,
—
All-Penn OII &
§2822
H olden
When
Share
W/2C
Corporation
Aireon Manufacturing Corp.—
60c conv. preferrd (quar.)
§3193
'
Feb 28
t
0.
$5.25
reporting
are:
Companies
•
Baltimore American Insurance Co.
1st mortgage
'1st
and Investment News
in
Co.—
Cornell-Dubilier
>
we
past dividend payments in many cases are given
under, the company name in our "General Corporation
REDEMPTION
1st mortgage
Y
In tht
bring together all the dividends announced tht
we
ord of
Page
Terminals
Union
grouped in twd separate tables;
Then we follow with a second table in
show the dividends previously announced, but
which have not yet been paid.
Further details and rec¬
Aloe
'
'
Cleveland
are
Page
1946..-.-————Any time
Buycrus-Erie Co., preferred stock
Chesapeake & Ohio—Y
Ref. and Improv. mortgage 3V2S, series E,
Chicago & Western Indiana RR.—
1st & ref. mtge. 4 V4% bonds, series D, due
Cincinnati Union. Terminal' Co.—
First mortgage 3% % bonds, series E, due
>1 First mortgage 2%% bonds, series G, due
$76,000,000.
.
Jin Volume 161.
t
t249o
TENDER
Company and Issue—
$87,-
United States Govern¬
ment deposits and deposits credited to domestic banks
also increased in all districts.
C
'
r
■
6%
which
cumulative pfd. stock—
PARTIAL
,
increase
§2862
§2687
"
"
^
current week.
Grand Island Ry.—
1st mortgage 4%. .bonds due 1947.
—
Tennessee Coal, Iron & RR. Co.-rGeneral mortgage bonds- due 1951——
Demand deposits
adjusted declined $238,000,000 in
New York City, $84,000,000 in the Chicago District, $45,000,000 in the Kansas City District and $490,000,000 at
all reporting member banks.
Time deposits increased
in
,
1st mtge 5% bonds due 1946
Anytime
City Terminal Ry., 1st mtge. 4% bonds, series A.Jan 24
Texas Power & Light Co.—
corporate bonds, notes,
St. Joseph &
Y"
member banks
§2824
§3119
18,273
Oregon Short Line RR.—•
Consol.. 1st mtge. 5 % bonds due 1940
Southern Pacific Co.—
Y. San Francisco Terminal, 1st mortgage bonds...—
000,000 in New York City, and $139,000,000 at all reporting member banks.
'
ft' \
• -y Y.yyY-^Yy
,
1
14
accounts,
1st ref.
Oregon RR. & Navigation Co.—
consol.: mortgage bonds due
Holdings of United States Government bonds
increased $73,000,000 in the San Francisco District, $67,-
;
Texas
2,399
1,707
—219
.
Date
Y: 4%
000,000.
,
»
Feb
1966—Jan
.
149
+2,789
:
mortgage bonds due 1949_Feb 28
Howard Stores Corp., 5V4% preferred stock__J?
Jan 21
International Utilities Corp., $3.50 preferred stock.—Jan. 26
Central
borrowings.
Treasury
i.Feb
cumulative
•Announcement in this Issue.
■
k 1,995
a new series of
Treasury cer¬
tificates of indebtedness in; exchange for
maturing Treas¬
ury notes, there were substantial shifts in these holdings
in all districts.
The principal changes in
_
13'
•
ing tenders, and the page number gives the location
which the details were given in the "Chronicle."
6.4%
result of the issue of
stock.
(A. G.) & Bros., Inc., $2.25 preferred stock.
;_Jan 28
*
Y Y- Yv'Y-Y
YvVYY''y,';'.; ■'* /Y."- ':Y'
first preferred
stock_.—_^.—.-..i.u^Jan 15 , §3120
5% non-cumulative second preferred stock.—..Jan 15
§3120
Strawbridge & Clothier, 5% preferred stock
n._Jan 30
*
Southwestern Bell Telephone Co.—- •
1
ft:
1st & ref. mtge. 3*6% bonds, series B, due 1964—Jun
1
§1930
6%
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
Y
—
oreference
faierchi Bros. Stores, Inc.—
.7,
Notices
+4,779,696
.3%
$1.20
§1678
-r
Y Spalding
accounts except
deposit
Below will be found a list of
44,095
-525,112
42.2%
Co.,
Salmon River Power Co., 1st mtge. 5s, due 1952
Sioux City Gas & Electric Co., 1st mtge. 4s due
Redemption Calls and Sinking Fund
263
+
Petroleum
1
DIVIDENDS
increases of $559,000,000 in United
deposits and $395,000,000 in deposits
banks; and a decrease of $219,000,-
the net increase at all
preferred
Textron,
232
Credited to domestic
As
6%
.
+
11,092
13,34u
holdings of Treasury.notes, largely offset by an increase
of $774,000,000 in holdings of Treasury certificates of in¬
debtedness, and a decrease of $490,000,000 in demand
•
Corp.,
486
The condition statement of weekly
reporting member
banks of the Federal Reserve System Jan.
8, 1946, in 101
leading cities shows the following principal changes for
the week ended Jan, 2:
A decrease of $867,000,000 in
000 in
,
1
979
+
+
Company and Issue—-
adjusted;
^
.
,
15
481
+
+
+
'->4,183.:;.-'
during, week...
•
Condition Sfalemenf of Member Ranks
States Government
-
Syracuse Gas Co.,
130,202
44,489,321
V
liabilities
deposits
Co.— - Y,//•
'
honds, series A, due 1969—Feb
Rhebem
605
—
—490
9,403
Foreign banks-/-.
+4,679,980
913
»
note
§3079
1
110
y
serves
^
—.Mar
v
Domestic banks—
Y
9,451
—
1,520,416
•
liabjHties.-.i—. 43,899,426
Total liabilities & cap. accts..
Ratio of-gold certificate re-
* §2187
1
—Apr:
,
2
1,861
—1,099
—
16,704
—
—
17,886,092
Capital Accounts—
1966.
'
stock__.__.Feb
400
Interbank deposits:
.757,818
906,232
400,407
deposits
Tbtal
due
„
§2822
§2822
,.
§3080
—1,103
87
+
+ 179
610
+2,790,122
Interbank
Total
Deferred availability items..—
Other hubs., Incl.accrdft divs."^,
§2822
1
Liabilities-
.
15,821,635
Foreign————
■
t
Reading Co. Jersey Central,
24
+
+ '84 !
58
10,217
Reserve with Federal Reserve
Time deposits——^.——
\v
•
bank—reserve
Y
.
Root
41
—
+:15
+
3,384
JL——.
Banks
———1——.
Balances with domestic banks—.—.—. ■
Other securities—————
Cash in vault..
37,066
Deposits:
•
'
due 1946-,—Any time/
Transportation
Radio-Keith-Orpheum
73
+
12
ft- •: ;_W
10
Obligations guaranteed by U, S. Government
895
;'.'i Liabilities-
Federal
§3077
•
coll. trust 4s due 1951— ^.Apr
Reliance Electric & Engineering Co., $5 conv.. pfd. stock.Feb
Theatres Corp., 1st mtge. 5s due 1951
—Jan
1,115
+
5
4
+
+ 139
26,737
66,929
+
4,275 ftf
—
44,489,321
.
10,580
+
—363,787
'tC-,375
Other assets
Total assets
'
.
Philadelphia
-+774
8,206
Treasury notes
—
•
/w,J76
•ft.,'
ij?
—
Inc.—
bonds, series A,
157
+
83
—
11,960
—240,689
170,950
1,981,365
—
premises
7%
+
+
§1516
;■
14
Jan
...
YPacific Telephone &
'
Uncollected
ref.
&
665
—
1,095
Loans to banks/..^—
i
.110
banks
notes of other banks
lien
+
36
+
1
-
1st lien & ref. 6% bonds, series B, due 1947
Any time
YOklahoma Pr. & Water Co., 1st mtge. 5s, ser. A, 1948—Feb
1
16
+
*
f
April, 1946-Apr
News
1st & ref. mtge.; 4%
33,121
—
—232,990^
R.
»
'
Telegraph .Co.—
Ref. mortgage 3'/4% bonds, series B,
Philadelphia Rapid Transit Co.—>
5% and 6% bonds due 1962—i—
—
2,531
271,590
23.853,692
Total U, S. Govt, securities
Total
1st
carrying:
Y- Other loans——.———
Due
§3077
.
Certificates
F,
15
„
1,910
.'/s Other securities
3,923,871
73
§2151
preferred stock—Jan
conv.
of America—
Corp.
Northern New York Utilities,
ft
'
1,332,662
+
Plan
73
1
1
stock.
Y
pur¬
'
Other loans for purchasing or
i
for
U. S. Government obligations
2,007
—
to
chasing or carrying:
J
securities:
Govt,
Bills
.
Y:+
7,642
1,882
loans
526,472
27,959
45,100
214,840 v
advances.,
*
*
28
pfd.
7
■—t—
Other cash
1945
yYSY'Y
+ 215
67,948
—
-.§2644
•-
1
*
Shipbuilding & Drydock Co.—
$5 convertible preferred stock——•Y'.^^YJan;-:3i')Y42647
Niagara, Lockport & Ontario Power Co.—
:
1st mtge. and ref. 5 % bonds, series A, due: 1955
...Apr
1
§3b7R*
North American Co., 53/4% preferred stock
:
Jan 31
♦
Jan. 3,
ft
.Y'
Y-^.Mar
Feb
Y.,
....
Increase (+) or
Jan.
certificates....
Department Stores Corp.,: 6% preferred stk. .Feb 28
National Sugar Mfg. Co., 1st mtge. 6s,,due 1947-1949_.Feb
1
Decrease (—-) Bine#
(-—) Since-
§2943
1950-——Feb'T
& Lighting Corp.—
1st lien and collat. trust bond
Newport
Increase( + ) or
-Decrease
§3074
21
National
(in millions of dollars)
dollars).
of
::YY'''ft'' "ft-..
/
15
Electric RR.
Collateral gold notes, series of 1929 due
National Dairy Products Corp.—
JV4%
debentures
due
I960—.
"member banks follows:
Ml
§1513
Y'Yf^Y•
McCord Radiator & Mfg. Co., 6% debentures of 1943—Feb
McCrory Stores Corp., 5% preferred stock————.Jan
Borrowings declined $178,000,000
A
A,
___Feb
—
Monogram Pictures Corp., 5 Va %
Reserve Banks Combined
3191
*
—
Merchants Fire
Statement of Condition of the 12 Federal
series
68
§2815
30
Jan
,
Nominal rate/
and
1974
stock——
70
.658300*
ft
preferred
28
4.005000,
.562900*
§2142
§2813
15
—
.905000
.562900*
—Jan
> 1st mortgage 15-year 4% bonds due 1955.1—
Feb
Hub, Henry C. Lytton & Co., 5% income debentures—Jan
Kansas City Southern Ry.—
Y
3.227000
,562900*:
.562900"
B
Houston .Natural Gas Corp.—vY-YY'
.909090
,658300*
1969.—.
„
.905000
.658300"
§3068
...
bonds,
3.227000
:
.658300"
.658300"
§3068
17
Jan
1951—Any time
(Wm.) Sons Co., 4% % preferred slock
Feb
1
Great Northern Ry.—"
t
4V2% gem mtge. gbld bonds, series E, due
1977—July 1Y47
4.005000
4.005000
4.005000
4.005000
,
17
1968
§3071
due
.905000
ft
1967——Jan
due
Filene's
,379327
-
;
.
,
■
due
Fansteei Metallurgical Corp., $5 preferred stockFederal
Grain. Ltd.,
1st mtge. 6%
3.227000
.905000
3.227000
■
»
•
due
.
•'
Y"
,
.
§3068
1
§2813
•'
.909090
bonds
1981—Feb
§2815
.205800
/
bonds, series B, due
1st mtge. 5s due
& Quincy RR.—
trust
*
• .s
1
.301215
^
collateral
Page
1
1
4.033750
,
.
Date.
Power Co.,
&
Y-Y". Y t -,j
;
.
Feb
.008410
.379327
.205800
,
:
-.301215
§3122
—Feb
.569800"
.008410
•
.301215
,205800
.301215
§3118
1
Compo Shoe Machinery Corp., conv. preferred stock
Mar 15
Continental Gas & Electric Corp., 7%
prior pref. stock-Apr
1
5% debentures, series A, due 1958
.-Feb
1
.907500
ft
§3118
15
Y
bonds,
mortgage series D bonds,
ref.
8eries
.909090
4.033750
.008410
-008410
,
15
pfd. stock—....Feb
conv.
Co.—
4*/a%
mtge.
-
,
•;
1st and ref. mtge. 3%% bonds, series, of
ColumtfUs & Southern Ohio'Electric Co.—
.051802*
.569800*
Electric
Burlington
3Va %
.060602°
.907500
.569800"
4.033750
Y
.008410
.301215
(British 1, rupee-——-————
Mexico, 'peso———————■
-.907500
.907500
.569800*
ref.
Gen. &
-
.022840
>
&
Chicago,
'
4.033750
'
4.033750 ft
>1
.909090
.569800"
.569800"
(Metropolitan( franc—
ft
,
YY: .909090
,
ft
§2312
Feb
...1
'r'"Y
Stores, Inc., 7%
General
Butte Electric
; '
'
•:
3.214113
1970—
Company and Issue—
Y
3.214113
.022840
•
,
ft: Ywft
.251247*
.022852
:
due
Buffalo Niagara Electric Corp.—
Gen. & ref. mortgage series C
.297733*
.
.251247"
-
ft
Jan. 10
.
:;ft
$
.297733*
3.214113
India
♦
Jan. 9;:ft"ft
.
;297733*
; :
.022833
v
.
Colombia,: peso.,
England, pound sterling———
v"
:
3.214113
Free-_—
.,
; ftgft.
Y
3.214113
:
■
,297733*
A,
ENTIRE ISSUES CALLED
Y
Gen.
.060602"
ft'/ft
—-——.
Free—— ———^'
France
.
series
Pag®
1
-
Berland Shoe
.022833
—-1——.—----
Canada, dollar—•
" •
ft
Official
M———r r
; ft
.251247^
3.214113
.. .........
Brazil, cruzeiro—
,• Official
•
.297733"
-
Date
Power
bonds,
Buffalo
Jan. 8
-
YYY$';YYY '/YYYYY$:YrftY'Y YYYY'SYYY"
.251247"
.irt,..
;
,
Value in United States Money
,
'
'■
'
''
,
Buying Rate for Cable Transfers in New York
•
-
Argentina, peso—
"
1
2%%
CERTIFIED^BY ^FEDMfrAL RES ^ERVE^BAN^TO^ TREASURY UNDER TARIFF ACT OF 1930
Noon
River
Co., 1st mtge. 5% bonds. 1952_,._Feb
Co., Inc., guaranteed 6% bonds, Issue B
_Jan
Shell Union Oil Corp., 2%% debentures due 1961
Jan
Washington Terminal Co.—
of 1930, the Federal Reserve Bank is now cer¬
buying rate for cable transfers in the different countries of the
'
Country and Monetary
Salmon
Schulco
of Section 522 of the Ta riff Act
Pursuant to the requirements
tifying daily to the Secretary of the Treasury the
world.
We give below a record for the week just
Australia,
22 7
16c
(quar.)-—-
Broadway Dept. Store, Inc., com. (quar.)
ft;:5% preferred (quar.)
ft: ft
ft*
25 c
2-
1
1-19
$1.25
2-
1
1-19
■
V;///■Z
23c
.
Gas Light _.»x--x-Z——
Brockton
Bullock's
Caldwell
~
2-
SI -/
•V'
!-;■■'■.
of
1-15
1-15
Norwalk
1-15
3-15
3-
Tire
&
Rubber Co.,
■
'
3-20
-;
Ltd. —.
x-Zx ..;/:-$25c/.
tutic
Products, -common,—; —-l—
:
$25c
/
'■./ ; $5C/
Ltd.———
20c
Central-Electric & Gas Co, (s-a)/—{
Central Power & Light—-:Z ./!
$1
2-28
Breweries,
preferred <initial quar.)——
preferred
—
—*x—.xxWJx;/
7% preferred
—
Cerro de Pasco Copper Corp
Cincinnati Advertising Products
—
Cleveland Cine. Chicago & St. Louis Ry.—
(s-a)
Common
Columbia
$2.75 conv.
Pictures.
dividend)-.
(stock
Common
(initial)
preferred A (quar.)
Common
$2
$6
B%
Divco
.
$1.50
1--4/7
,
2-1
1-21
1-10
Baldwin
:/
1-31
•
;
//
1-17
1-31
75c
1-21
2-
$2
1-21
?
,
-
i-2i
1
1-31
:
3-26
25c
33-
9
Pump
15c
1-15
1-2
ZZ/$AZZ
1-15
1-
3-10
2-25
4-1/
3-20
(s-a)
———
50c
Inc., common——-ZxZr./ 51.12 Vi
-/
Bangor
1
$1.25
2-
1
1-21
$1.50
3-2
'?• 1-25
$2.50
$1
2- 1
12-28
2- 1
/
2-
50c
1-31
5-1
.
1-18»
4-15
1
4-15
15c
5-
1-25
1-15
_xx
$1.50
1-25
l-ll
(quar,)-
Co., $5 preferred
$1.25
2-1
1-15' :Z;;
25C
1-15
1-4
1-15
1- 4
(N, Y.)
Insur,
5c
2- 1
3-20
3-
35c
$1
5c
,
12-28
1
2-15
U9c
1-15
45c
3-1
2-15
1-15
;
1- 4
C.).
1st preferred
(quaf.) ——--.xwx
Gilchrist Company
-x—;x——x._—x:—'
Goodyear Tire & Rubber, common$5 preferred (quar.)-.
..
—
Zv
Refrigerator Co.
Gibson
5Cc
-
(s-a)
:.'';'3'*"1 !•
25c
-•<
/ 1-16
^
'
'
1-19
1-29
1-19
$50e
1-15
12-31
(Canada)—•
preferred (accum);i--Lx-^xxxx-———
(quar.)
Co.
i
—
68%C
20V4c
(quar. )i.-w—-x—x—; a
--2——x-'-x_---—-—/.x//x—ZZxZ%
-Extra-
Battery, class A_„——_x—Horn & Hardart. (N. Y.) (quar.) x-— xxxx-
Zi 2-15
2-
Power,
;
common
1
2-
1
1-31
(S. S.)
Kresge
Kress
Allied
z:zi-::,7<-z
Alluminum Co. of
1-15
10c
:'!1-21
tS2
2-15
1-23
American
25c
2-
1
1-14
American
Extra-
1-15
83%C
1-15
87c
3-6
1-23
1-15
12-31
t40c
3-
t$1.5G
$$1.5G
3-
1
preferred (accum.).
——
(quar.)—x——-
$2.50
2-
1
40c
67e
25c
2-1
——X)
25c
2-
Los
Investment Cp.—
Angeles
Electric
Lowell
Light Corp
Masco
80c
x.
^
—
—i—
$1.35
3
1-
1-
IOC
$2
1-15
Z: ;„.t.
(accum.)————————
preferred
Maytag Co.. $3 preferred (accum.)—
$6 1st preferred
(quar.)—
Porcupine
Mclntyre
Inc.
McKales.
.
Mines
Melville
4%
Shoe
■Z#/75cZ
$1.50
2-
1
t55y2C
3-
1
.
Pumps
Corp.,
Tea
4
53 Vic
New Haven
Clock, 6'/2%
preferred (quar.)
2-
-
.
1-15
■
1
1
Z
1- 7
1
7
'
Ampeo
!
Amoskeag
2-
1
1-15
'
Z
2-
1
$4.50
12-31
1-15
./
'*
1-21
North
1st
preferred
American
$1.25
(accum.)
Co.,
53/*%
preferred.
Insurance
Co.
Resumed
Northern
Illinois Corp.,
$1.50 preferred
x
(quar.)
—I—
common
(quar.)
1
1-15
1-16
1-31
$1.75
(quar,)—
(Hartford)—
;
...
2-
$0.2396
North Penn Gas Co.. $7 prior pfd.
Northeastern
Z
:%;■
2-
25C
x,;».25c ;
K
37Vic
x
Z
1
2-. 1
2-
1
1-
1-15
•
.
ZM-15 'Z
1-21
Metal,
Co.,
Z;v>-15;; / 12-15'
25c
Z
Z'
!
$1.12%
1-15
2
1
10c
7- 5
3
'1- 7*
12-17
1-15
12-20
2-1
12-26
1
1-10
$$1.75
1,
•
(s-a)———
$$1.50
(quar.)——
$37 ViC
2-
M:
!i-aE
7M:--
1-10
1
2-
$50c
$$1.25
—.
'
1-10
Z/2- 1
■/;■
'i.
»
'i 12-31z
$$1
3-15
$18%C
1-31
12-31
$81.50
1-13
12-31
1-15
12-14
1-15
12-14
475C
$50c
$15c
12-31
1-15
./
i%7*/preferred (quar.)——
56 ViC
2-1
1-16
12 Vic
2-
Industries
class
A
2
; 1-
7
1-
$10c
com.
2-
1
2%
2-
1
12-31
1-21
1-10
1-11
1
1-11
2- 1'
25c Z:
1-15
12-31
12c
2-1
1-10
$4
"2-15
1-21
$4
/ 2-15
1-21
$1.25
1-21
12-19
$1.18
1-15
12-31
37 ViC
(quar,)—x—————x—
preferred
(accum.)—,.—
preferred (accum.)—x—
$6
cleared
on
the two
Investment Corp—
Power 43/4% pfd.
Central New York Power Corp.—
'
(quar.)—
Kansas
1
preferred
(quar.)
Republic Corp
Utility Co.
15C
-
!'//:'./!:$ 177
end).:
40c
! Chase National Bank (Increased quar.)
40o
Quarterly — ,x-x-xx—xxx/xxxxxxxx./
The pavments shown above are now on a
i
quarterly basis.
'
/
.
'
$3
Cheney Bros, (year end)/——x———
25c
! Chickasha Cotton Oil (quar.)—x——
West
1-10
2- 1
—x—
x—
(year
1-15
z;
1- 3
Vi-;:®!///
1-15
1-11*
2-1
4-12*
5-1
V
.
/ Z
25c
Quarterly ——x——x—/x-'/'-xxx-——
//
2-
"IZZ
:
1 '!•!' 12-31
12-
1-15
4-15/<
.
6
3- 6
-
.
ZZ'
S
Orleans & Texas Pacific
3-1
$1.25
preferred (quar.)—
;
—
5-15
6- 1
$1.25
preferred (quar.)
——
Z Z8-15
9- 2
^
;
5 7o preferred (quar.) ...z————,-xx //J $1.25 VA
2- 1
1-10
150
City Stores Co., common
(quar.)
1-10
2- 1
15c
Z;
Class - A "'- (quar.)
•—;xxx
—
1-15 ;
12-28 z
5C
.Claude Neon Lights (year-end
1-15
1-2
i
$1.75
Clinton Water Works Co.. 7% pfd.
(quar.)
1-31
X-15
$25c
Collingwocd Terminals, Ltd., com. (year-end)
$25c
1-31
1-15
Preference (year-end) ———
Columbia Gas & Electric Coy?.—v
*
2-15
1-19
$1.50
6% preferred series A (quar.).
—
2-15
$1.25
Zl-19ZZ/v
Y
Cumulative preferred 5% 'series (quar.)1-19
$1.25
t v
5 7c
/ 245
preference (quar.)———
—
Columbus & Southern Ohio Electric Co.—
2- 1
$1.50
Z.;/ 6% preferred (final)-——
2- 1
$1.62
/;Z-xXZ/Z;.
?preferred (final)
/——
Combined Enterprises. Ltd.—
1-15
12-31 ZiZ
$$1.25
5% preferred (quar.)
——Z
$2
12-31,' 12-21
Commercial Controls class A (s-a)Commercial Discount (L. A.)—;
1-10
1- 2
ZZ 17i/2 c
7%
preferred (quar.)
—
20c
1-10
1- 2
8%' preferred- (quar.) —-xxwr,x--x-Z-Z
Cincinnati New
5%
57c
.
f
■
s
.
/
1-11
Z/1-21
3-11
3-30
75c
:
5;
12-31
1-15
Z/Z 2-
3
1-
/
Zg 1-15
$1.50 Z •1-31
(quar.)__
1-
1-
•
ZZ1Z-5-;
/ 12-14
1-15
•Z- 2-
1-15
1-15
1-15
1-15
1-15
Inc.
.
:*
common
Appalachian Electric Powerr? 47i%
preferred * (quar.)
12-27
1
2- 1 •'
35c
com.
Angerman Co.- ( initial)_x
Anglo-Canadian Telephone—
5j/2 7o
preferred (quar.)__
12-20
.
2-
ZZVv:. $1-
,■
(year-end).
(s-a)
(s-a)
—
1-H
1-3
'
Razor Corp.
preferred
;
•1-18
30C :Z'-
37 Vic
(bi-monthly) —
Rpfining,
2-28
12-31
1-15.
50 c
———
ZZ 10c
,
••'1'/•*.-*:'
/
6-22
5
6-22
1-10
12-10
2-1
Z
tlOc
.
1-
1-31
9
——
1st participating
54c
n.iw*"
10c
preferred (s-a)
;
5c
——
ZZ 62Vic
Compo Shoe Machinery $2,50 preferred
/Concord Gas 7%• preferred (accum.)——Z Z-z $1 Z
Cor.n
•
77c
(quar.)
preferred-—,x_—
(G. C.) Ltd., common
prior
10c
—
—
:
$1.75
3-
2-15
1-.
1-15 Z'
12-31
1-15
12-31
3-15
2-15
!; 1-15
4-
r
1-31
1-
5
1
"'i
Connecticut & Passumpsic
."•'Vi Z*
.
//
Extra
t68%C
Zf/9C%!;
—x_—,-_/x'xx—x—
•Community Frosted Foods Co.— '. ■-,/-v:;-",Z
Corp.
Co.nmodlty
1-10
7-
Z, $2.25
Anglo-Huronian, Ltd. (s-a)————._>_x*
Anglo National Corp.—
Class A
final liquidating, payable upon
surrender of stock certificates
2
1-15
Sugar
preferred
8
•
'Niagara Hudson Power Corp.—
5%
67o
2-
1-15 >■■/ 1-
$1
$1.62 Vi
2-
f 2-15 ZZ'
$1,183/4
4%%
Brothers,
.
10c
pfd. (quar.)__
x
New Bedford Gas & Edison Light Co. (quar.)
Neisner
2-15
5c
1334c
Tile & Mfg. Co.
Co.,
z
1-10
50c
(quar.)——
(year-end >x f|i!;Z $2
American Telephone (Abilene, Kansas)—
$1.25
/'v 57o
preferred
(quar.)— x>
x
$2.25
American Telephone & Telegraph Co. (quar.)
:
American Zinc Lead & Smelting Co.— v/, //'
$1.25
$5 convertible prior preferred (quar.)x—
American
1-25
.
(quar.)-
———
1
1-31
1-16
Mill Co., 4^2% pfd. (quar.)
American Safety
•il1/
2-15
Co,
News
American Rolling
8
1-15 ,"
.'
2-28
10c
com,
Extra .:^Xxxxxx—x_—_x—
2-22
2- 1
$1.10
American
1-2.
•
1
25c
5^2% conv; pfd. (quar.)
preferred (quar.)
(resumed)
National
.
Z.
•
National
4-
Traction/
2-
$3
preferred (quar.)x—
—
/ American Maize Products, common (quar.)«
1-18
1-15
$$6
1-24*
1-15
6%
5
2-
1
1- 3
.
3-15
————«/»._;
Year-end
1-18
3-
$$1.25
'Z
1-
1 /
2-15
25c
American Light &
-
1-31
tl5c
$1.25
Central
12-31
,
$1.12 V2
$1.75
/
1
2-1
$1.
t$2.50
-
——
—
2-
50c
preferred
2-
1-31
2-15
1- 2
Central
■
1-18
$1.25
$6 preferred (accum.) —x
—«x—Jx2x/x/
American-La France-Foamite Corp.—
1-15
12-31
2-15/
62 ViC
:12-17
5 7c
50c.
/
12-31
1-15
$1.50
1st preferred (quar.)
(quar.)
?
1-21
30c
common
Extra
/
tr-'7*\}
1-15
1-21 /
$1.50
1-15
Central
75c
(quar.)_x—x/——x—x—
preferrd
$1.50
12-31 Z
"
Co. 77o pfd. (quar.)—
American Furniture Mart Bldg.—-
1- 8
1
—--w
Corp.,
(quar,)
—x.
Mitchell (J. S.) & Co.,! Ltd. (annual)—
—
Moirs, Ltd.. 6% 1st preferred (accum.)
Monarch
Knitting, 5% preferred (quar.)„
Mcnongahela Power Co., 4.40% pfd. (quar >
National Department Stores, 6% preferredNational Liberty Insur. Co. of America (s-a)
Nat'l
2-
1-15
1-15
75c
Co.. (year-end)..—
(quar. )x-x—x_x—_——
American Furniture
'
(quar.)—-
(s-a)
McNeel Marble Co., 6%
4V4s%
12-31
1-21
$$1.75
12-31
-i-i5
50c
/xxJxx.:'
(initial quar.)
Telegraph, 5% pfd. (quar.)
American Fork & Hoe, common——-.—
7
1-15
1-21
37 Vic
preferred
12-20
50c
American District
7
12-29
1-19
Massachusetts Power & Light Associates—
-Zl»15T
Distilling
American
1-7
•':-.-.'l-14;
50c
Screw Products—
12-28
1-14
'
2-1
above issues.
1-31
.;
z
75c
x/«x/x—/x,xx-»xxx
The arrears are now
75c
;4'
5
1-12
■v
$1.75
Central
20c
1
2-
1-
12-18
1-31
.
1- 3
:
1-15
■v;:
$$1.75
.12-31
of 1936)
(optional) cash or A sh. of class B stock
:
1-12
/
75c
.
i 1-18
25c
2-14
2-28
1-15
$$1.75
$$1.75
67c
21
25c
1- 5
1/
$1
$1
$1.75
:
3-17
12-22
B '■ ;(final)xXxxx——~x.x,xxx—-,xx
12-23
$2.75 class A (Opt; div. series
ZVT-18:'
1 /
1-15
$2
—2'
Lyon Lumber Co.—
—x
Maiden Electric Corp. (irreg.)
t
1-15
;
Cities Power & Light Corp.—
American
••;.
i-i8
1-10
2- 1
American-Can Co.
Z
2-15
2-
Z
1-31
12-23
1-
1
1-15
Central Illinois Public Service Co.—
t$1.25
———
—-x————x_x—
American Bosch
.
'
>
Roof Corpk
1-21
40c
2-
t25c
—————x-Xx——x—
Common
1-15
'
1-17
1
(quar.)—
57c preferred (quar.)
.x—.x——xx—x
Central Aguirre Associates (quar.)—xx,
Central Hudson Gas & Electric Corp>—
1-15
2- 1
r
Co.
(quar.)
(quar.)_«—^
Insurance
Alliance
Asphalt
"Extra
12-31
1
50c
—
2
,
12-31
2-
—
—
2-25
•
+$1.50
com/ (quar.)—,/x.
common
"(quar.) ,2-x:
Celotex Corp.
!
25c
—.
12-20
3-11
Ltd. (quar.)
(final)..—
1-13
1
2-
Z
12-20
1-15
1-15
General Investments,
/Carrier Corp./
145
;
4c
——
Canada, Ltd.—-
5%
preferred (quar.)x.-.-x—
Amerada Petroleum Corp. (quar.)
2-15
25c
(quar.).—:
Corp.
——.x^xx——X--.X—
■
1-
•
1-15
$1
_x.
1
Stores
Corp—
.1-15
1-14
common
Canadian
2
25c
-
1-25
2-
..27 Vic
13%c
Extra
1-31
75c
Biscuit
Loose-Wiles
2-11
2-15
56V4c
Extra -"-xxL-.>X———
Lit Brothers,
2-19
■'
1
3-
40c
preferred (accum.)—
6'/0
1
40C
,;
Lehigh Portland Cement (quar.)„
Linn Manufacturing Corp. (initial)—
Liquid Carbonic
3-12
1-
1-15
1-25
>
convertible preferred (quar.)— _—
55c conv. pfd, (quar.)
Affiliated Fund, Inc. (quar.)
—
Air Reduction Co, (quar.)—
——
1-25
2-
Aluminum Alloys—
$1.10
3-30
3-30
'
35c
x—,—x——x.xx-x—
Extra:
of Ree
67 Vat
Aeronca Aircraft Corp.
37y2c
Co.____—
Legare Co., Ltd.,
1
'
& Co. (quar.)
(F. & R.)
Leece-Neville
1
30c
Z
Lafayette Nat'l Bank of Brooklyn—
Lane Bryant. Inc., 4^2%
preferred (quar.)_
Lawrence Gas & Electric Co. (irreg.)_,——
Lazarus
1-18
——
(quar.)—
Co.
3-
2-
$20
(quar.)—
i—
Co.—
H.) &
(S.
(N. Y.)
Co,
County Trust
Kings
Acme
3-15
(quar.)
Holderi
'Z: $11
—//_i—_
& Strauss, Inc
Abraham
25c
,
& Furnace
Stove
1-10
1
Wnen
Z;
Share
preferred (quarjx*,
(quar.)
com.
Railway
1- 7
(quar.—_x_x—x-x.x
Canadian -Investors Corp., Ltd. (quar.) —
Canadian Pacific Railway 4 7c pref———
Carolina Cllnchfield & Ohio Ry. (quar.)_„
Payable
Per
20C
(quar.)r„
Corp.
Kalamazoo
y
Canadian
7%
Name of Company
12-22
62 Vic
pfd. (quar.)
37c
preferred (quar.)—
Celianese, Ltd.-—'
-
2-21
2-
1-15
and Miscellaneous Companies
Abbott Laboratories, 4 7c
Extra-
Class
1-17
3-11
1-15
$1.50
Funding - rights; <year: end);ZZ-ZZZ;/-x/z
Canadian Conveiters, Class A (initial quar.)
Canadian Fairbanks-Morse, 6% pfd. (quar.;
Canadian Foreign Investment Corp.—
;
Industrial
1-21
■
'
.preferredV<Initial quar.)
6%
Intertype,
preceding table.
3- 8
z
Canadian
1-15
■
1
2-
-
5%
•
'■/
1-21
2-1
7 Vic
2-1
?31 Vic
—-—
1-13
■1-15
1
2-
.
437 ViC
/
(quar.)—
(quar.)
•'
''
t20c
Z
245
3-1
$20c
r
Southern
Canadian Bronze Co.,
2-9
3-20
12Vic
——
preferred (quar.)_—
7%
Canada
1-10
1-28
J20C
(quar.)———
Canada Northern Power,
'
'
1-15
2-
$1.50
—„x——-
1-15
1-25
t|| '
preferred
preferred
3Z't/
"20C
,
2^8
Below we give the dividends announced in previous
weeks and not yet paid. The list does not include divi«*
dends announced this week, these being given in thef
.
'■■:.!■ 1-12
■
New. (initial quar.)
International Resistance—
57c
1-. 7
2-20
.
Co.——,—x-x—
Corp.,
-;':v::l-2:Z
1
J32Vic
(quar.)
"
1
I
2-
40c (quar.)———— »
$1
4%
preferred
(quar.)
___x—
40c Z
Interchemical Corp.. common (quar.)
$1.12 Vi /
4V2preferred (quar,)——
Inter-City Baking;) Ltd, ^ (extra) x_~———
International Business Machine Corp.—
Idaho
6 7c
1-15
.
1-25
40c
■
/
1-15
1
1-14
.
$1.50
Hobbs
2-
2-15
.45C-
'■
Light
Electric
Haverhill
•
10c
& Co.
W.)
-
.
Guardian Realty Co.
(F.
(Rudolph)
preferred
57c
'.'1-15
1
2-
40c ;/-/■
ZelleFs, Ltd./common (quar.)_xi_xx^.i.xxxx
V-.
Extra
x—t.—x_xxxx———-x——xxxxx
7
1-18 -Z
1
3.-! ••■
20c
$1.25 //•'■
.
1-
Packing
Z
1-16
2-
Pulp
California
1- 2
1-31
Z
50c
(quar.).
"*
v
5% pfd. (quar.)
(quar.)
xx
2 ZZ"
1-
/
1-10
75c -z-2-
.
1-8
1-15
t.5c
(resumed)-———xx_x/x
Woolworth
1-10
1-29
-
Wisconsin Pub. Service Corp.,
Wurlltzer
1-10
75c
'■!; 75c- -"
Hallicrafters
Wilson & Company
i
i;;
1-15
•
35c
Quarterly
—x-xxx—x--x-x——xxx.x-x—;
Green (H. L.) Co.; Inc. (increased quar.)—
Hartford Electric Light
'
2-15
2-15
1-25 '
$1
&
Chemical Co.———xx~
(quar.)XXXu.ix/Xw«Xw»x*4'
■
3-15
3-15
50c
§ $1.25 :
:•
77c
i^Warren Refining &
West Point Mfg." Co.
2-15
'
26C
3- 1
1-15 7i.
1-15 Z
:
■
1-31*
97c
(year-end 1
Byers (A. M.) Co., 17c pfd. (quar.)
California Llec. Power Co., $3 pfd.. (quar.)
California Oregon Power, 77c pfd,. (quar.)-/
6 % preferred (quar.)
—-———/
6% pfd. (1927 series) (quar.)-——,—.
1-31
3-12
50c
Copper & Zinc
Butte
1
2-
2-15
/
20c
Brothersx—-x—_•——•———
Bunte
1-IQ
1-15
$1.25 ;
/Van Sciver (J. B.) Co., 5 % pfd. CI. A (quar.)
57? preferred Class B (quar.) —x.—^x
2-15
1-30
15c
Knight Co.———————x.
Great Southern Life Insur, (Houston, Tex.)—
Graton
\
4-20
Z
5- 1
25c
,
—xx-——x—;——--x—-x—- -•.
-
1
12-31
'4 1-.5.-
62 ViC
(quar.);
St Paper (quar.) —x—.
Brooklyn Union Gas Co. (quar.)—
—
Brown Fence & Wire Co.> class A,——x—
1-19
12-28
1-15
$3.50
prior preferred
67c
Bro'mpton
;
2-20
:
,
.
Common
Gibraltar Fire & Marine Insurance Co.
7
12-31
2-15
20c ;
$3.50
'
8
12-29
1-15
tl5c
7
1-
1
1-19
$1.75
British Columbia Telephone
1-
1-19
1-22
2-
zzz$i
1-19
2-
Z
1
2-
50c
xx—«,
1-19
1-19
1-
12-22
30c
Bridgeport Hydraulic (quar.)—
Bristol-Myers Corp. 3%%>
pfd. iquar.)—__
British Celanese, Ltd.—
American deposit receipts (final)
British Columbia Power, class A (qudr.i —
1-18
■
1-14
1-15
$1.75
1st preferred (accum j
77c
Brewing Corp. of America
7
12-31
:
1-24
12 Vic
preferred (accum.)——
1st
$1.30
-
'""X.*xx:'-:Z'-;-
-.
1-15
1-30
$1
"
1-
V
12-20
•r i-3i
1
35c
Bower Roller Bearing Co,
————
Z"Bralorne Mines,vLtd. (quar.)—
——
Brandon Corp., class A—_—L.
—
Brantford Cordage Co., Ltd.—Common
(new»
(quar.)———./
1-31
2-15
'
!Z 3-
$$2
(quar.)-—Z— x
_xx————xx,(Geo. W.) Corp. (initial) —xxx-x/
Boston Edison Co, (quar.)—x———x-—
Boston Fund, Inc. (yeRr-end>—.—zx-x—/
/
.
1-
12-26
1-15
J25C
Class B
1-18
1-25
22ViC
-
12-29
1-15
5C
Borg
'
2- 1
2-
| 3* 9
50c
Inc./!7 % preferred,-x
77c. 1st preferred (accum.)—
Bon Ami Co., class A (quar.)——
./XZxX'i i- '•
1-10
87 Vic
(quar.)«x—x
7%
2
1-
2-15
12-31*
1
4-
t$1.75
$$1.75
Hats,
(H.
Bohack
1- 7
1-15
$2
50c
$1.25 •/
'
450^'
,Tnc.xXxxx/x-X'r—--^rter--'-'^*fc--/'-i
Ltd. (quar.)'—
—2.
Bestf-.Foods;
Biltmore
/'/I-:-.?//::.;
1-15
,
•
9
1-21
1-15
50c
•
1
12-
Z 1-15
$2.50
Blair & Company—,x—xxxxxx———x——x
1-31-
1-15
-
.
Corp. (year-end——/
Industrial noan (year-end)
Beneficial
Berland Shoe Stores,
2-15
,
1-21
Aircraft
Bellanca
,
1-14
50c
13c
Z
12-31
1-21
(N.
Co.
Trust
Z
1-15
1-15
Z\:15c Z
k
1-15
7
1
I V
Z17Vic
(quar.) —
com.
1-15
1
22-
-
%
-..4/v
.
'4 16c
.
1-15
1
Co. (quar.)*.—-——
'
'1-15
Electric (quar.)
'—7? $2.50 2-1
$$2:/
Federal Grain, Ltd., 6Vi% pfd. (interim)-_;Z
1-31
37J/2c
Federated Department Stores,' com. (quar.) ;
1-31
51.06 V* :/
4Vi% preferred (quar.)—;
———
1-24
$3C
:
Federated Petroleum, Ltd. (interim)
.
12-27
:
Co.,
2-
'7C! -50c--
$1.50
preferred (accum.)__—
Y.) (increased)—x
Barber Ellis of Canada, Ltd,—
7%
preferred (s-a)—--—x—-——x./-x/'
Barber (W. H.) Co. (extra)————
Baitgia. Bros. Co., common —T-xx_.x—.
Bathurst Power & Paper class A (quar.) —
■'Baystate Corp.x^.——x-—.-.x—
Bell! Aircraft Corp.
Bell Telephone of Canada (quar.)
1-21
1-10
15c.
Co., 50c conv. pfd. (quar.)^_x
Southam Company, Ltd. (quar.)—
—
Southwestern Public Service—
-Common
(increased quar.)
x,
1-15
:
2- 9
'
—
1-21
:
2-1
loo¬
./—
1-25
1
2-
:
56 Vic
■; ,v
Securities Corp.—:,
"'•>'• Bankers
*1
•
Hampton
&
Exeter
1
2-
participating
67c
1-25
2
Hydro-Electric
Bankers
12-15
1-15
2-15
;/
2-1
$1.18%
3 3/4 7c
preferred
(quar.).
'.'/!
1-15
Z
40c
;
x-.x
4-/: Springfield Gas Light,(quar.)
2-15 *
31V4C
Struthers Wells Corp., $1.25 pfd. (quar.)__
1-15
1-10
$3.50
Tennessee Central Ry..
7% preferred
1-21 m.
2- 1
$1.25
Tennessee Gas & Transmission Co.. 5% pfd.
1-21
1-15
30c
Texas Water Co., 67c
preferred (quar.)—
1-15
2- 1
Toledo Edison Co., -5%" pfd. (mopthly)Sx| ( 41% c
2- 1
50c
Fibreboard Products, Inc.—
6%
preferred (monthly) ——„—
•2- 1
v
1-16
$1.50
58 Vic m 2-1
.7%
6% prior preferred (quar,)——x——
preferred (monthly) —x—
:
Z-; 1-19 //
1-30
-- $3'Z1-15
$45
Toledo Shipbuilding Co. (liquidating)
First Boston Corp.
(irreg.)x—
1x
■Z- 1- 4 '
1-15
68c
25c
2-15
"..Trane Co,f .commonx—
Fitchburg Gas & Electric Light—
-W'
12-31
?
1-19
50c
3-1
$1.50
Fonda Johnstown & Gloversville RR
—
67c preferred (quar.)————xx—xx-x—
/- 1-15 Z
2-1
25c
2- 1
20c
Foote Bros. Gear & Machine, common—
Tung Sol Lamp Works, 30s pfd. (quar.)——
2- 1
:
1-15
1-10
15C:-/:
$3.50
60c convertible preferred (quar.) _x_——
;
Union Gas System.
7% pfd. A (accum.)—
2- 1
2-15
5c
1-15
100%
Foster & Kleiser Co.„———.—
Union Wire Rope Corp. (stock dividend)—
1- 5 Z'1-22
20c
tlOc
Franklin Stores Corp. (increased quar.)——
United. Distillers of Canada/ Ltd.————-x
| 1-22
Z*'-1-17
1-25
25c ZGear Grinding Machine Co—x-—
United Electric Co, (Mo.)—
1-17 1
25c - ' -1-31Z
2-15
General Shoe Corp. (quar.)—x_
Z.—
$3.70 preferred :(quar.)——«—^xx / 92Vic
Z 4-20 Z
5- 1
/. r-25c '/
1-18
25c
Genesee Brewery (Rochester) com. (interim)
United Shirt Distributors———;
$50c
Ltd.
Theatres,
Eastern
2-
'
.-—Z
Z
4
1-
$1
25c
Co,, 6% preferred (quar.)————
Rubber Co.———
Baldwin
1-11
2-
se
Solar Aircraft
"
3
1-11
1
75c
Company—
Sharp & Dohme, $3.50 pfd. A
"Sheraton.. Corp.
(new)———
'
1-
2-
25c
z
Schuylkill Valley Navigation & RR. Co. (s-a)
1
1
"4-
62 Vic
2-
•
-
,S, & W.! Fine Foods, Inc. (quar.)
—
Saginaw & Munistee, Lumber- Co.x—
xx-_
St. Croix Paper Co, (quar.)—
— 4X—— Saratoga & Schenectady RR
—x_
Schumaker Wall Board, $2 partic. pfd
-!
1-17
2-1
Eureka Pipe Line
12-31
12-31
(initial quar.)
(initial)
Z
1-15
;• 1-15
common
preferred
$4.50
1
1-15
7 Vac
pfd. A (quar.)
'
.
v
.
convertible preferred
$2.25
1-15
2•
$1.54
50c
'
(quar. )x,
Extra
i.x——;
Rockland Light & Power—*
—
Roos Bros., Inc. (quar.)_^__
x.—xx
Root
Petroleum, $1.20 conv. preferred—
T-. 4 "
1- 9
25C rV
(quar.) ———
2-15
'
*
1-15
Z1-:7;;!Z
2-1
22'icZ
(s-a)
Avondale Mills,
50c
xi__
Rochester-American
1-15
1-25
•
50c
r
12-31
1
3-
preferred
5%
Aviation Corpi-r
1-31Z
•
1-18
Z 7Vic
Corp.,
Atlantic Refining Co., 4 7c conv.
7M
1-11
1-10
$3c
—
(quar.t...
-■
20c-
Detroit River Tunnel Co.
preferred
1
,
7 Vic
(
—''
,T_xxxx'-/x
Co.
B—
Riverside Cement
1-18
(quar.) —
'
1-15
.
2- V-
-
-$1.75
_x—
(quar:)
Mines
Gamble
Rike-Kumler
1-15
2-
100 %
Co., common——1—.—
■■Class A
(quar.)+_-xx—:
—Dixie Home Stores (quar.) ———r-—------
4Vi%
-.Reda
;Z 1- 2 //
37 ViC
Cup
pun & Bradstieet,
Class
Z
37y2c
~:—-
convertible prior preferred
debentures (quar.) —
- Corporation————
Dixie
!.
—
.
&
Co._—
^—xJ——
Republic Investors Fund, Inc., common.
2- 1
2-15
6 7c
preferred Class A (quar.)
:
; •2- i.:.; /1-14 //
J
6% preferred Class B (quar.)
:7i
1-15
Rich's, Inc.' '(quar.)
1-15
60c
t
(quar.)
East Dome
Radio-Keith-Orpheum, 67c preferred
—
Randall Co., class A (quar,)-——-
1-22
3- 6
;
1-15
35c
—
—
Mfg. Co.—
Dennison
1-10
;
:
preferred
7%
"
1-20
683/ic
common (quar.)———6% preferred (quar.)
—————
Consolidated Chemical IndustriesSi partic. pref. Class A (quar,)
Cuneo Press, Inc. (quar.)—
.
——
Davidson" Bros., Inc.
—x,
-x— Dayton Rubber Manufacturing-
2-16
2-15
'
_
12-31
'
T75c
Preston
/:!•'
•1-15
3-30 /.
$2.50
Concord Electric,
1-15
1
■
„
—
class A (year-end) __
Class B (year-endi—
x„#
„
Atlantic City Electric,
4 7o pfd. (quar.)--/
Atlas Plywood Corp. (quar.)———x
Atlas Powder Co., 57c ■ preferred (quar,) -.Atchison, Topeka & Santa Fe Ry. Co., com.
1-10
■
1-10..
River RR.————• $1.37 Vi
$2 ZZ-.3- 1 •
preferred (accum.)—
6%
Procter
1-18
1
2-15
25c
87Vac
-
(quar.).-.x—xxxx-x>!
& Hudson
Coal Co.,
Penman's
1-31
X-'; 25c
pfd.; (quar.)
50c
1-15
'
1-18
1-31
2-
$3c
(quar.)-
Commonwealth Edison" Co.
■
$5
(quar.)——-x-
Company
.': 2-1
preferred (quar.)
Financial
Astor
'
$1.25
;•
1-28
$1.25
.
:/;25c
—,——
$1.25
,
'
'
50c
(quar.)
Coast Breweries, Ltd.
(quar.) _x——
Coca-Ccla Bottling
(St. Louis)——
—
Colgate-Palmolive-Peet Co., common (quar.)
$3.50 preferred ..■(quar,)— x——Collins
1-20
(quar.)
1-22
Ltd., common (quar,)————
$$1.50
preferred (quar.)_^_
x——-.x.x$2.50
Philadelphia & Trenton RR. Co. (quar.)——$
1-15
2- 1
$50q
Photo Engravers & Electrotypers, Ltd. (s-a)
/ZZxZf ; Pig'n Whistle Corp.—
Z
'
2- 1
20c
SI.20 participating preferred
(accum.)—
1-18 •/•
2- 1
Pittsburgh Terminal Realization (liquidating) /Z/Z $5
1-15'./Z1-10
$1.50
Potomac Edison Co., 6%. preferred (quar.)_
$1.75
preferred
5%
Peabody
pfd.,
5%
Calif.,
4 Vol 7c
1-15
6%
$1.50
'■
Paterson
1-15
'■>.
•
of
Corporation
Packer
2-28
1-31
,
6 7c
2-28
1
1
2-1
A
New 4^
k
Finance
3-
•
(quar.)_—
xZ
Canadian Investment Fund.
Company
Pacific
3-
Canadian Pood
Class
Outlet-
2-22
4-1
3-15
1-30 •
-•:.'
1
2-
50c
x
-
3-
Z/z $1 /
x———x
—
(extra)__
Associated Telephone Co. Ltd.—
4- 1 "■
•
$1.25
(quar.)
x--~xx—1——xxxx#;
Arlington Mills
(quar.)
Arnold Constable Corp.
ZZ3-/1ZZ
87 Vic
■
Corp., Ltd;—.
51.12 Vi/:'
4%7t
conv. preference (Initial quar.)___x,t$1.121/a.
x
" *
1-15
1-12
25c
,
■
5
of Reo,
Share //-■ • Payable
1
-
Hoiaera
When
Argus
1-17
.
1
2-
50c
common.—
-:
■
Z
50c
7%' preferred (quar,)——
Nunn-Bush Shoe Co., 5%
preferred
1
.
Canadian
.
Co. (s-a) *
2-1-
2-
1-31
$1.50
,
xxix_x—x—ii
Co
2-" 1
"
■
t20c
r" y
Name of Uompant
1
'
,
2-'4
3-11
60c
Hampshire ;(quar,>—
New
Northern
Northwest. Engineering
Northwestern Fire & Marine Insur,
$25c
participating preferred (quar.).+38c
$1.50 1st preferred (quar.)-—x..———
50c
California Cotton Mills (quar.)_—x-—
t$l,62J/2
Canada Cement, Ltd., 6Vi% pfd. (accum.
2nd
80c
RR.
1-24
1
Reci'h*
of
v7.
.
Gas——_———x_
1-12/
1
2-
Liberties
Northern
•/vi- 4
77 1-15
!."/v' $t
(quar.) _x„-.x/
//
Inc., 4% preierred (quar,).v—---Linen Mills, Ltd.. common
(N. Y.)
Co;
Trust
Bronxville
;VName of Company
Z Per
Holaer*
Payable
Share
'
V of Rec.
Payable
Share
When
Z
Per
.Holder*
When
''•v-Per-'
Name of Company
v
Monday, Jaiiuary 14, 1946
& FINANCIAL CHRONICLE
THE COMMERCIAL
jz!2- V Z'iz
--..»
A
6%
preferred
(s-a)—
River RR.—
,
Zz
——1—Z
$3-^ ; >2*
1 .?•' 12-31
Number 4455
163
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
.■:£
Name of Company
.
Power
River
Connecticut
Heating
Car
Consolidated Edison
Consolidated
Co.,
3-
$1.50
2-15
?
Ltd,
M5
$506
$75C
--EE---******-
(s-a)
Extra -i.*;.————***.—^—;.e**
12-14
•
■6preferred
Consolidated
Baking
Continental
Insurance
(W.
Coon
Co.
'50C
—
25c
2-
1
-
Cornell-Dubilier
St
Forster,
1-25
E
11-
4
Cuban American
'
-'if <
E 7%
preferred (quar.)
u—,*.i*'***__—_
preferred ,(quar.-)—————
Cudahy Packing Co.. common (quar.)——
.4%% preferred (quar.)_____
Stores,
30c
;;
.•
5%
2
1-21
25c
Halle
4 1- 5 'A*
12-29
-7;
7
.
Hat
25c
—
Detroit-Michigan; Stove Co.—
• 8%;>preferred
; (quar.)*—.**———-r--y
;
5%
,'8%
50c
(quah )*________
(year-end)—*—
Dewey & Almy Chemical, $4.25 pfd.1 (quar.)
Diamond Match Co., 6% particip. pfd. (s-a)
6% participating preferred (s-a)_——*£.—
Distillers Corp.-Seagrams, 5% pfd. (quar.)—
Dome
Ltd.
(quar.)
5-15
non-cumulative
Dominion
Fabrics,
8-15
ft-7%
Glass
Co.,
«
•
3- 1
Dfomlnion
't
Oilcloth
Paper Co.,
Ltd.
.Class
B '
Dominion TeXtile Cb., Ltd.—
duPont
I.)
(E.
$4.50
de
Eastern
Stainless
Eastern
Ekco
'4%'E
Bond
$6
2-
1-3
1
1-2
:<U, 2
$12%c
2- 1
1-15
3-
1-15
$250
1
3-1
$$1.75
1-15
:i
1-15
75c
,v!
v
12-14
$i'
E
2-
1-25
1-15
:
1-15
25c
2-11
3-1
$1
1-15
'
2nd preferred
Extra
&
(The)
12-28*
12-26*
Jeannette Glass,
12-26*5
Jewell Tea Co.,
25c
1-31
1-17
1-15
1- 5
Joplin
1- 5
Journal
.
2nd
4%
15c
Common
(quar.).:
1-15
common___J**
preferred
Water
series
Works,
6%
-
A
(quar.)***.
preferred
Publishing Co.
of
Ottawa,
(year-end)
1-20
Julian &
1-19
Kaufmann
1-31
1-15
$1.25
•2-28
$1.96%
$1
2-
$170
12-31
Store (Los Ang.)
(s-a)—_
(Wm.) Sons Co., common (quar;)«.«
preferred (quar.).
:
25C
1-15
25c
1-25
Fifth
Street
Filene's
4%%
1-15
60c
Firemans Fund Insurance
Quarterly
&
6%
1
i',
k
preferred
,
4-
1
■'
7-
1
10-
1
General
5%
6%
Co;
Wares,
65C
v
1-31
1-15
50c
12-31
1-15
1-15
1-18
■
1-21
1-
2-1
4
Lord
2-
150
(quar.).*
,
E.
1-15
250£
:
-
1-10
& Electric
$$1.25
1
E l-ll
■■'-n
1-15
12-31
Co.—
i;
Georgia RR. & Banking Co.> (quar.)
Gibson
Refrigerator Co. (quar.)„*-.__*__*
Gillette Safety Razor, common
(quar.)*—.*
$5 preferred
2-
(quar.)-.
,
par
6%
'
preferred
.
C.)
Co.
$2
1-15
12-31
1-30
-1-16
Marathon
1-25
12-10
Marchant
Y2- 1
12-31
1-15
12-31
75c
1-15
12-15
$2
2- 1
1-17
<
EE' '$2,
1-15
37 %c
common
E 1- 2
12-28
A
„
pfd.
12-31
1-15
12-31
;
1
1-15
ir3o
1-15
2-
.12-20
1-10
1-15
1-10
1
1-15
1:
common
" ■:
(Minn.)
Eft'*
12-31
E
1-15
12-31
V/
12-31
:-lH$t-15
1-15
E 12-31
20c
1-22
E:i.
1-30 ESft 1-10
5% E
$1
1-15
v:;;
■
ft.
ft
$1.25 ;:,EE2-:1
<
Eft!
12-10
12- t EEE
1-1»
EE
El 2- 1 E/E1.21'EYE
97 %c
2-
1
93 %c
'
2-
1
I-
2- 1
Y'IEI-'E ye
$1
1-15
i*.Vl.
1'2--9
•
1-16
•'
-6c
1-25'
9/1Oc- ;.'E
1-31
•.
—_.«**;
$2
$1
•'
-
4m''-
1-15
■'
'
12-31
12-31
2-
1
E
ft*
:;i->8'"';:
f -•*»•*'j
«'
$1.12%
1-19
1-19
W ft,-'
12-31
1-15
•
12-31
$L31%
,_*„*****
12-31
$1.25
,
*
2-
60C
E 200
1
ft
1-15
—.*_!!
>
1-15
1-29
12-28
75c
*
1-30
+6c
*
1-15
1-
2-
1
1-15
1-31
1-15
$1.50
$1.12%
5
ft
$25o
.>_*!***!
$$1.75
(accum.)
2-15
2-
50c
__***___
(quar.).
ft
500
:
.
Service, $1.30 pfd. (quar.)"!*
Pacific Telephone &
Telegraph Co.—
E
E?8% : preferred
(quar.)
—*!**.
1-15
12-28*ft
;
1-15
75c
u
;
E;IE4;.E
E. 1-15
•-2-.1
$1.25
Public
12-31
12-30
1-12
.
$1.25
Lighting Corp., $5 pfd. (quar. )__!!!
(quar. )_****_**___::*_.**—
1-15
1 E
1-15
25c
preferred
1-1'5
2-15
E
$70C
Common
■r
-
$1.50
1-15 V
,1-15
.
12-31
12-31
s
$1.06%
(quar.) "E : a 50c
,*"**_**•**
'
,
9c
E'v
»
J;, i
1- 3
1-15
' 1-15
12-31
1-5
''1-15
(quar.f**___*-***__*_*i*_.'{fW\'25c'
2-10
1-31
37%c
1-15
12-31
30q
1-31
1-15
*
;
Calculating Machine (quar.)*
Fields Co., com. (increased quar.)'
.
Panama
Coca-Cola
Bottling.***
Paraffine Companies,
Inc., 4% pfd.
Parke Davis & Co.
(year-end)
Patchogue-Plymouth Mills,
12-31
2-15 E
*
1-19
32 %c
!!
1-15
$1.50
__*
*'
Common
(quar.)***.*
$1.40 class
A
Traffic
Year-end
1-
5
50C
4- I
35c
2-15
2- 5 ?
1-25
1-10 v
-_***!*
.fic
1-25
200%
1-16
$1.10
Plymouth Cordage, commo
1-10
12-26
2-1
1
1-15
$1
1-15
12-20
$1.25
i7yac
i
$1.10
2-
1
1-25
1-
1
12-31
2-1
1-10
'37%o
1-15
12-31
$1
2- 1
1-16
$1.75
1-15
1-
#1.75
2- X' T
1-15
1-21
1- 5 ;:
1-15
1- 2
*
(quar.)*—
s
2-1
pfd. (accum.)****.
PillsbPry Mills Co., $4 preferred (quar.)****
Pittsburgh Bessemer St Lake Erie RR. (s-a)
Pittsburgh Cine., Chicago & St. Louis (s-a)
E 3-
3-15 '
$1.06%
7% preferred (accum.)
Piedmont & Northern Railway Co.—
E: Yeat-end *_*«.*^_'**--***—*——**.****►.
stock
-
12- 5
12 %c
Philadelphia Co., common (year-end)
_*!**
Philadelphia Electric Co., 4.40% pfd. (quar.)
Phillip Morris & Co., Ltd., common***
4 %
preferred (quar.)_
'
aployees
1-14
E
•ft-i-i*
!
*****
Co.
1-31
,"_***
Pennsylvania Pwr., 4%% pfd. (initial quar.)
Peoples Gas Light St Coke (quar.).***
Pere Marquette Ry. Co.—
v
5%
prior preferred
(accum,)*.*.**
Tool
12-31
1-15 E ; 1- a
$1
Penney (J. C.) Co. (stock dividend")*!—*!!!
Pennsylvania Electric Co.-—
.eeE..-eEe*-v"
4.40% preferred B (quar.)*!
Plomb
12-31
1-15
30c
**
*******„***.*!***e
(s-a)-
Phillips-Jones. Corp., 7%
1-15
•
$1
common.*!!**!!
(quar.)
Co.
ft
ftE-;-75c-•.
(quar.)
Peninsular Telephone
Company—
Penn
<
-•
1-10
1-14
.
^*_!-**__******
Co.
V -E
•
1-10 E
—
Co
1st
2-15
s..ft
100
$1.25
(year-end)
Co.^—******—
Pacific
1
;EEU4C;44. 1-15
(quar')
(resumed)**_**
(quar.)
Electric
3-
"nc„:S'
(year-end)
Owens Illinois Glass Co.
Ox Fibre Brush.
<fc
¥
«•
25C
^
(quar,)***.
$5
■
;■
Railway Co.—
Power
Co.,
E
E 12-31
-.E.EsE
4V2%
Coast
•
1-15*
•ft '-3--12-15
300 E<:>v 1-15 ■H 12-31
*
20c
75c
12-31
1-15
,
$1.06%
•
'
1-25
$1.25
*
Marshall
E 2^ 2"
5c
*
Corp.
Inc,
1-22
•
.
class
1-3
1-15
$1
*
(Ky.)
(quar.)
,
(R.
3
1-23
<
3- 1
50c
(quar.)*
(R. H.) & CO.—
4%% preferred A (quar.)
Manhattan Bond Fund,
.EE Year-end
:
1-15*
2-1
-v
1-15*
1-
1-15
-
50c
(quar.)_*__**__*__********-;.
Macy
15c
v
$100
1
2-15
$2
31 %c
__*_***_****_****,**
Co.
.
1-15
12V?C
4V4% preferred (initial quar.)
Lytton (Henry C.) & Co.*****_*****___
MacAndrews & Forbes, common
(year-end)
$1.75
25c
2-
37 %c
.
'.-1-15
I
2-1
-
Mahon
$1.25
2-
50c
'31 %c
5% ■ preferred $25 par (quar.) >**1*1.1**^
Luzeiffte County Gas & Elfectrici'!.: E'7,*
;
1- 7
; 1-17
2-15
>
;j
,
5-10
1
2- 1
$1.25
•
5-10
2-
75c
'
Co,
preferred
12-29
'
1* .2.-
5-25
37V2C
$20c
5-25
•
12-29
1-15
75c
&
5%
12-14.
■
pfd. (quar.)
(quar.)_**__**_
*****
1-15
75C
.****.
Co., 6%
Louisville Gas & Electric
1-18
.
1-25
5c
30c
(quar.)
(quar.).**i*_
1
40c
>
:*—***
**
Taylor, 8% 2nd pfd.
Los Angeles Investing.
12-31
1-15
.
Semi-annual.
1-21
1-15
12-29
v(quar.)___^**__*_*_„***_*_
Linn -.Manufacturing Corp. (initial)
Liquid Carbonic Corp., 4%% pfd. A (quar.)
Little Schuylkill Navigation RR. & Coal Co.-r
*'1-1*8
2-15
56V.C.
1-15
_*—
Link-Belt
12-31
P-lII
E ioc
1-15
YE;8C:(quar.)
Realty Corp. prior pfd (initial)
Legare Co., 6% preferred (acoum.) **__*«**
Lerner Stares Corp. (increased)_*__
Libex-ty Loan Corp. 50c preferred (quar.)
*
-.4-18
30C
2-1
60c
(quar.)
Rubber & Tire
Extra.
55%6
|
.
E
preferred (quar.)****
Orange Crush, Ltd., 70c conv. pref.
Pacific
Lefcourt
"
(quar.)**
General Water Works
Year-end'■
B
preferred
1-15
(quar.)__—**_*.*__**
common
6%
1-15
•••;■
1-10
$2.50
_*!*
preferred (qyar.)__*
Ontario Steel Products
Co., Ltd.—
Common (quar.)
Pacific Gas
Class
•
preferred
Corp.,
Pacific
12-31
*_'**
preferrfed B <s-a)_*_.-A«
5%
Oliver
1-15
1-15
;
<
****!!!!!
1- 9
1-31
25c
General Mills, Inc.**—..—,**_;——
General Motors Corp., $5 preferred
General Steel
1- 2
2-1
■■if >$3.50
•
Acceptance Corp., class A_* ,.v"
Co., 5%% preferred
23
Industries
Okonite Company
12-27
v-
75c
Corp., common
preferred A (s-a)**
7:
'
.1-15
>.E 1-12
1
%
50c
(quar.)-,*—******.******«,,;
&
1-15
1-25
(quar.)
FinancO
1-15
wE;
12-28
50c
-*!*1*.-***!*
7%
,'4.1-31 &
,
12-31
2-1
Ei 2-
Co.—*_*_*_.**_!*
Engineering
1-16
Lee
Baking Co., common.—*
General Electric
General
preferred
25c
12-31
10c
(s-a)
Oil
States
12 %c
12-18
'
common
i
*
1-18
—
tliecttic Light,
12-31
$5
1
1 1-15
-
Gar Wood .Industries, Inc.»: common**-,^;.**;
.4% % conv. preferred (quar.)
Gardner'
1-15
12-11*
.
>
25c':- EEl-15
*
(accum.)
Lebanon Valley Gas
,
Co., common
$3 conv. preferred (quar.)
9c
12-31
Northern
1
9-16
10%
*
_
2-
$50c
pfd.—.
Fyr-Fyter Co., class A—
'
r
2-
35c
$2.20 preferred, (quar,)
Gardner-Denver
5
12-31
-V)
$2
80C
.
Power (Del.)—
"!e
preferred (accum,)
**.*_*^**.
preferred (acoum.) **-*-*-.***„**».*
6 %
$1.75
50c
—-
non-oum;
1-
$1.50, -> 1-15
t;47c., 4 1-15
.-
1-15
E E $ 25c
NUnn-Bush Shoe Co. (quar.)«*****!«
O'Brien- Gold. Mines-*****...*
1- 8
1-15
•
1-15
29%c
f
(initial)
Northwest
12-31
'
E
;.vE'i6d:; S
pfd.**
I
(quar.)**
1-
1-19
1
15C " E
Northern States
34%C
6-15
ri
30c
f
1-25
1-15
(G.) >Brewing Co. (quar.) *****
(John)•*_-u>**-_*>__*_**___
Lane Bryant, Inc., 4% % pfd. (quar<) *-.****;
Langendorf United Bakeries, class A (quar.)
3
2-
(increased)
2-
8
1-15
12-29
Co.—
;_*_*__*
.
1-10
1-31
1-15
1-15
20c
12-31
f
12-31
1
2-) I
;-v 20%
(quar.)*****
1-28
1
1-15
2-
ft:
12-31
y
•;i,:;E;25cE E 1'15
conv.
1-15
1-31
12-31
30C
!
$1.
100%
2-19
E 1-15
56 %c
;
.
2-19
i
1-16
37 %c
(quar.)_**
40c
t
Labatt
3-15
37Vic
(quar.)
Co.j;6%
2
•13 %C
25c
Froedtert Grain & Malting
B
1-8
1-
—
*
/
12-31
1-15
37%c
(quar.)
Class
5
37 %c
.
t
1-
ft
1-15
,_•*_.-*
Foundation Co. of Canada
Fraser Co^ Ltdi iflhar.)
1-
2- 9
$1.37% preferred (quar.)
__E—_**—
Kroger Grocery & Baking-—
7% 2nd preferred tquar.)**.E*—-*****_^*.
r
10c
(quar.).
Wheel "Drive Auto
Fuiton iron Works
1-21
1-15
15c
..
preferred (quar.)__„.___*
6%
i
(qua^.)_*>!
(quar.)*.*************-.^
Northern Pacific'Ry.'
*i-«_E--*^!**-***:***E"
Krueger
75c.
12c
—
******
Four
$5 prior preferred
Kobackerr Stores,
.12-31
1-15
■60c
(quar.)
e/fc preferred (initial quar.)...
Fort Pitt Brewing Co. (year-end)
Foster-Wheeler Corp., 6% pfd. (quar.)——
.
1-15
f
-
.
K-f.
preferred
Western
eommon__*_.—,-*.*r---*^*l*^1
Rubber...
First Mutual Trust Fund Shares
Flemlng-llall Tobacco-^
1-15
1-25
12-18
3-
>;
5-13
5c
Northern Central Ry. (s-a)
Northern Indiana. Public Service—
; -5%
preferred ~
7%
Kinney (G. R.) Co.." inc.—
(San Fran.)—
——
Tire
Firestone
$1.18%
1-15
1- 2\:-
2-15
•
5©
Kentucky Utilities Co. 6% preferred (quar.)
Keystone Custodian Fund, series B-3___**_
Series 'S-4*>*_**—*i_**_***_—
12-22
•
1-11
"■
1-15
Kellogg Switchboard & Supply, common**
15c
5% preferred (quar.)____i___JL__*____L_
$1.25
Kennedy's Inc., common
(year-end)'*___** EEE50C:$1.25 convertible preferred (quar.)
31 %c
12-31
1
$1
3-15
#
10c
_
1
$1.50
Kayser
1-15
&
North American
12-31
1-15
EEE.'$IE 'A- 3•
**!*
_!*
•.-**__******...' '4-
s*****^.*
preferred
North American
12-31
20c
Adj.
1-31
12-31
v
convertible
Norfolk
.
1-11
1-15
1-10
$5
1-18
1-15
1-15
1-19
1
(quar.) ***__***!*_
$1.50 EE2- 1
1-14
Corp., com. (quar.) 'EE;-. • .250 'V.E 4- 1 i3-15
RR.,
(quar.)**.
1
1-15
$1.75
1
(quar.)
Merchandise
1-3l
600
—.
E 2-
(quar.)__
(quar.)
(quar.)
Central
2-.1
$1.50
iV& preferred (quar.)
Fidelity-Phoenix Fire Insurance (increased)
• 'Extra
—iw*y*-^._—i:*****.*******.'
Co.
(s-a)
87 %C
-
2-
1-15
:
.
8-15
25c
pfd.
Manufacturing
Service
"'•'EE--$4
E; 25c
United Cleaning St Dyeing Co.—
1
1
$3.90
2-25
3-1
■
$15
■'
12-31
E
i
9-
Power & Light Corp.—
preferred (quar.)
Newberry (J. J.) Co., 3%% pfd. (quar )__!_
Newport News Shipbuilding & Drv Dock—
1-19
2-1
1-15
;V 6-
York
lOd
,T.y.
Fenton
New
62%c
1
J
Co.—
preferred
12-15
12-15
>
(increased)
(stock dividend) **.
& Co.
$5
12-31
Department Stores
(Julius)
York
York
1-15
Extra-—J—**
<8% prefen-ed (quar.)—...*———
——*
$1,50
*
K W Battery Co., common
(quar.)
Kansas'City- Southern Ry.—i
4%- preferred '^ (year-end) 1*.
********
4- I
&
Stock dividend
New
1-21
'
12-31
$1.75
(increased quar.)
preferred
New
1- 2
1-15
12-31
1-20
$1.75
(quar.)
.Register
Linen
12-26
14c
*
1
'
$25c
E 1-20
$
10
********
New York Auction Co,—.
-
1-15
2-15
7
*-*_*.*..****!
National Vulcanized Fibre
.
1- 2
1-15 t
3- 3
62MIC
Low price common stock
series**
National Steel Car Corp. (quar.)***.
'
1-17 >
1-12
87%C
National Securities & Research—,
Low-priced Bond aeries**-*-***,**E*w_;«!*;
Speculative series.*.
**!!!!
1-^2
2-15
35c
'
1
(Wash., D. C.)—
-
•
;
12-15
1-31
!__!! E
pref.
.
1-26
-
50c
12-
1-15
50c
'E. 6-
National Manufacturers & Stores
National Money Corp., $1.20
1- 2
1-16
83c
(quar.)
Ltd
2-
Kokenge Co.
1
3-1
50C '•
:
;
7% preferred (accum. )i*
Inc. 4 Vi% preferred (quar.)
2-
$2.50
2-
•:;-V
$75c
51.50
':
12-31
(quar.)***..
11.75
■—.—*
1-15
25c
—
Insurance, Syracuse
:Quarterly
Federal Services Finance
$1
:
1-15
$48c
v
*
(increased)
dividend)
Share
preferred Glass B
$7
12-17
•
—
(quar.)
1-15
5
1-11
Co.
$5 preferred, (s-a),
12-15
.
1-
I
ft.-ft
6%
National
12-15
65c
Johhs*Manvillc-3%^E preferred*iiEa*«i*^Es>
Johnson & Johnson 8%
preferred *(s-a)
1-17.
;30c
Inc., 1% pfd.
preferred (quar.)
87o
Farmers & Traders Lite
1-15
***
'
Faber Coe & Gregg,
$37%c
*.*i***
■
12-31
1-15
2-
$1.75
Extra
•
National Lead
12-31
2-15
Engineering Corp.
(year-end)
Foundation; Ltd.,
1-15
1-5
—-———
2-15
1-15
2
1-15
50c
.
'
National Distillers Products
12-31
50C
5c
5c
$1.50
.•
(quar.)_*****!*!!***"
Co,
Si
National Fuel Gas
"
Ei-ai^
2-22
'
Common
.
12-31
t20c
Mutual, Inc. (year-end)__
Jacobs (F. L.)
Co. 5% preferred (quar.) _*
Jantzen Knitting Mills, common (quar.)
5% - preferred (quar.) *
********** *****
1-31
—
1-31
4-1-46
(quar.)**
(quar.)
National Container Corp. 4% %
Common (stock dividend)**
National Department Stores—
1- 2
3- 1
■' E
$1.25
com.
(quar.)
preferred (quar.)*
of Canada, Ltd.—
convertible preference
1-15
(quar.)—
Extra
Fair
6%
;: 25c
_«**—*
3- 9
3%C
Investors
1-15
70tt
1-15
-
2c
Co.,
Milling A%
Aircraft
Investment
#
2-15
Eversharp, Inc. com.
partic. preferred (quar.)
$$1.25
National City Bank of New York
(increased)
f::,.,
■
Insurance Group shares (s-a)
Insurance CoEof North America <s-a) *
^
Extra; :***-i*—
i*******Et.*-:
Interstate
1-10
25c
-
^Oc^
Securities—
Interstate Department. Stores
7
Cash
12-20
$1.62%
2-22
Co,_**************_******
Chemical
Year-end
1-15
;
1-15
.
1-*15
1-
1
1
v
*
1st
(stock
National
12-31*
2-
i
Bond
12-31*
$75c
.
12-31
2-
4
$1.12%
—
$1
common
(quar.)_**
(quar.)
(quar.)
Airlines
National
■'
1-15
?
;
.
,
1- 4
1-
4-
Strauss-Duparquet
National
1-15
35c
93%c
preferred
National
1-15
1-15
Power,
(quar.).:
National Battery
National Biscuit
1-5
1-29 E
'(
25c
,
Intemational .Textbook Co.**^
******:.**** E
4
Internatiorvil Utilities Corp., $3.50 pfd,_
-«E Common '(yfe'ar-ertd )*
__**_*.*„*.*_*E-*, ' '■
1-10
250
(s:a)*-.
(s-a)—****——1**1*.Phonograph (quar.) ***y*
v
*
12-31', I*
1-18
250
1st preferred
;
1
preferred
prefetred
Nathan
12-31
1-16
:,E
5
1-15
;**_!! C
Mining & Development
:Mutual: System
6%
preferred
Narragansett Electric 4%% pfd.
2
12-28
1-25
2-
-7%: preferred- (quar.)
-*—***i«*.
$1.75
International-Rys. of Central Amerloa—
Er
5%r preferred (accum.)—***.****-H5.**^,*^.
$1.25
20(5=^
(quar.)*
E
E
1-
1-15
,
$$6
(quar.)
Mutual
1-15
>1-15'.?
25c
1-18
"I#
1-15
Electi-oluXvCorp.-^i—
2- 1
50c
International Nickel Co.
2-
E
•
$1.25
1- 2
iris Ef >1-10
;
*,.**
1-
Class A
*
(quar.)*.*.
1-15
1-15
1-15
-
30c
•
1-25
15c
,
;
12-28
I$1.75
v
Inc. $4 pfd. A
$4 preferred B (quar.)
Investment Fund (quar.)
E i Extra
1-15
Ev. 25c
States
Munson Line,
1-25 :■
-2-4
./
2-14
International
2
,
.
(quar.)
2-15 E
3-1
6%
1-10
15c
(quar.)
(quar.)_^*___,
Munlsing Paper Co. 5%
1-25
1-25
1-
30c
Associates
E
2-15
preferred
& Co.
$7
8
E
•'
(John)
$7
1-25 ■
•
2-15
E
$6
preferred
•;
$7
1-21
U1
Group
1-
:.
.
$1.25E;-
1-15
i
2-1
Radld &
2-15
$1.80
International Harvester
12-31
3-1
Employers
1-31
75c
$1,604
>
1-15
$1.25
;
11-23
v
if 8 >
70c
Power
Mountain States Tel. & Tel.
Mullins Manufacturing—*
1-31
InternationalBronzePowders^cora^tquar.)
$1.16
Ehierson
1-15
93%c
-*___*
5%
E
3-16
(quar.)*
Institutional
1-15
•
96 %C
6Vr
1
l
(year-end)
Indianapolis Power & Light (quar.)******
Industrial Silica CorpY 6%
pfd., (accum.)_
Inspiration Mining &, Development
!• 8
n
|ye $1E
•
12-31
e: 2-1
50c
Navigation & RR.— E
*—„_*_**
Mountain
3oc
(quar.)*y
._*,'
Hill
1-31
1-15
$1.20 E 'E 1-14 E
If#
>;;4quar.)E^----*****i,***Eift_*****__*i*E*E;::-:
1-15
22-
2-1
68 %C
(extra)____*__
Hunt's, Ltd.
preferred—.—
7%,
2oy4c
'1-.5,.-
$1.12%
...
12-31
2-1
$1.12%
common
12-26
*__*-*
Howaf-d Stored, 5 V4% preferred
Hummel-Ross Fibre Corp., 6% pfd.
;--$5:::;preferred-»_y———*——EEr--—«..*
Ely & Walker Dry Goods,
Common (year-end_.—.
1-18
pfd. (quar.).*..
Inc.E (quar.).
Mine
E
*
Inc.—
1-11
1
Manufacturing Co., Class A (quar.)**
Morrell
12-31
i;>E:
12-31
12-28
1
50c
(quar.)—
Share
Si
12-28
1-31
common
preferred
Electric
1-15
(quar.)
Lumber Co.
St
.
Mount Diablo Oil
40o
Household Finance Corp., common
3%%
preferred (quar.)_**_**********>**
Houston Lighting & Power Co.—
$4 preferred (quar.) **—_&4f-**-*i.*******
1-15
,
1-31
.
(Edward)
Horder's
1-15
2-1
$25c
—
1-8
1-19
—
pfd. (initial)**
common
*;
Co.,
Montgomery Ward & Co., common
Montreal Telegraph Co.
(quar,)_*_
E
12-31
1-15
$l-E
new
(year-endT
class A
(quar.)
Supply
;
Creek
(s-a)
Montana
-,
$1.75
preferred J( quar. )—**;.***-*•.*******,.
Hines
12-31
.
$$1.38
Steel—.——*
Co.,
2-
,$25c
preferred (quar.)
Townships Telphone Co.
Products
1
$10c
Corporation—-j*,——————EEE
Eastern
5% S
1-15
:
1 r
$$1.25
(quar.)__——
Duquesne Light Co. 5%
.
$1.50
(quar.)*.***
._**__*__
Co., 5%
Co.
&
5%
12-31
1-15
60c
.1
■
$$3.50
$30C
u
1-15
$$2.50
Holly Sugar Corp. (quar.) __*.**_^***j.*.***
Holt Renfrew, $7 preferred (accum.)***.
1-15
1-15
$20c
—*—
Co.—
9-25
Extra
Powder
Petroleum
Water
Piping
V
1-11
:
1
2-
1-2
2-15
2-
$20c
Ltd. 6%
1st preferred
(accum.)*
Knitting Co., Ltd., I'/o pref. (quar.)
preference (quar.)
Monroe Loan Society
class A (quar.)**!!"!
Monogram Pictures 5%% conv. preferred
6-25
1
t$1.50
1
Higbefi Co.,
8
'
•—
Nemours &
preferred
1
12-31
3-
$$1.75
preferred (quar.) *-—;Douglas (W. L.) Shoe Co. (year-end)
Dow Chemical Co.* common (quar.)—
'$4 preferred (quar.)»y—***—
DuplanE Corp.
;——w*-u——
7-
10-
lc
2-1
$$1.25
,7%
$1.25
12-31
1-15
$1.75
Co., 7% pfd.****
(quar.) *****>***.******: ^
'
1-28
Moir's,
3-25
HollyEDevelopment^(quar. )-***i.*ri-*i***__
2-
'
t75C
——i-**
Class A
1
12-29
2-1
137'/ac
Dominion" Taf ib Chemical, common (initial)
.5Vi'e preferred (quar.).
Dominion Woolens & Worsteds (quar.)—_
Donnacona
4-
$1.25
1-30
:$75C
*
<
(quar.)
—
•-••
$1.25
ccmmon
States
Miller
2-13
1-11
$20c
E
—i-iw-
Linoleum
&
Mill
12-31
1
;
to 5Vc Nov, 15th
Hlbbard Spencer. & Barlett Co. (year-end) **
; Monthly v"--*.—!.--*.*
***,-_**-^i.L-l-«yi. ^
■E'2-:8,
1-15
(quar.)—
Extra
1-15
3-
1
2-
144C
■
(quar.)
(quar.)—
7-85
E
! 1-15
$3.50
Insurance
Year-end
12-20
pfd.
Monarch
2-
3-1
$30C
————
preferred
8-1
1-15
34%c
preferred (quar.)..!*
preferred
Midwest
$$1.75
Jl- 5
1-19
.
75c "
t$1.25
common
preferred (quar.)
Malting Co., common
5%
'
12-10
"75c
••;
(quar.)
Dominion
(quar.)_*_
__****_____*«-***_.
"Light
5%%
Middle
Middlesex
4-24
E
Div. rate reduced from 6%
^iv,; ytr'%
common
Electric
conv.
Hercules
8-6
1-20
$1.06%
(quar.)—
6% 1st redeemable preference (quar.)
.6%
preferred
(quar.)—*——*Second
preference ; (quaf.)———y—i—
Dominion
6
"
*—
preferred
Ltd.,
5
5-
-20c
v,
Dominion Dairies, Ltd.-— ft.
5%
2-
50C
River Warehouse
Mines,
(quar.)
1-25
4-24
•
preferred
Detroit
2-15
50c
preferred '< quar.)^___-
,
:
1
.
$4
E
,
1-15*„**^
1-31
Mercury Mills, Ltd,
7-25
12-20
1-31
5-
30c
$L50
$1.21
.
20c
5- 1
30c
12-31
1
Co.,
Merchants Fire
1-25
8-1
1
2-
$1.25
Stores
2-
30o
•
2-
preferred
,
30c
Co.—
Gas
Corp. ot America, 4%%
$4
12-15
V
$3
50c
E
.'
$1
8O0
preferred (quar.)
conv.
Refractories
Hetshey Chocolate CorD„
;;
'
1
Co.— E
Co., common (quar.).____>.i.
3%%
preferred (quar.)*__*_
1-10
1-25
2-
12-31
E;v-.'
*__*I**_*__~^~E.
Robbins, Inc.,
12-20
1-15
62 %C
(quar.)"
McLellan
1-20
1-15
&
1-15
common (quar.)
(quar.)
Mercantile Stores, 7%
preferred (quar.)*_I
12-28
1
Y.)—
Hecht
4
12-28
————————
Gasket Tfe; Mfg. :.__**—
(N.
preferred
Brewery
preferred
$2.40
Hartford Times,
—
El-
Co.
1% preferred
Shaffner & Marx*.*.,**
Hartford
4
Detroit
Co.
preferred
Hart
v
2-
30C
preferred (quar.)
Co.' of North America
Bros.
6 %:
McKesson
5%
—
$7
Western
Harrisburg
1-15
12-28
__*—*
Power
Harbison-Walker
12-31
1-15
1-28
3VAC ;
(quar.)**
-^^_**_i.X.*:**—*is.*i**-i1B.i->_*iEY;;
Extra
1-15
$1.12% ft
1st
Guarantee
;•:
1- 2
.
r'E
(quar.)
McColl-Frontenac Oil Co., Ltd.— .; f
6%
preferred (quar.)
*
McCrory Stores Corp., 5 % preferred.
''
(quat.)
Griggs Cooper & Co., 5% 1st pfd. (quar.)
57o
1st preferred (quar.)
*****_***4i.*
6-18
1-
2-
$7
^**—--***--*__i**** ;
Insurance
convertible
5%%
3-i8'-.; •:
7,7- 1 •'
preferred .(quar.)*—-C-i—' $i.l2 Va &£1-15
Cypress Abbey Co. (s-a)———J—.—3c W 1-15
Davega StCfes Corp., (initial)***-—-ly--.
30c E-;T-22:
Die Vilbiss Co., 7 % preferred (quar.)
1-15
•
; 17 %c
Decker (Alfred) & Colin (quar.)—
25c
4-10
i25c"
7-10
Quarterly
.'25c
10-10
Quarterly
Delaware Power & Light Co
25C
1-31
Detroit Edison -Co. (quar.)
30c
1-15;
.
Griesedieck
5
e 1-15
■
.
Candy,
Curtiss
25c
(accum.)....
—Jr**.—
Lakes
Great
12-
4-1
$1.75
■*.*;
American
3-15
1-15
.
1-15
McCall Corp.
of Re0.
1-15
*
:
*
2-25
12-31
$1
(extra)*
(quar.)...*
—
Year-end
'
1
30c
1- 2
3-30
$1.75
common—-——
1- 2
E. 1-15
$2
25c
.
3-
5%
participating preferred (quar.)*****
Massawippi Valley RR. (s-a)—____***
****——*-*—****—iy**—
:Extra:
Great
2-5
;
1-15
30c
---
„•
1-10
2-25 '-
1-15
Holier*
Payable
$17 %c
$17 %c
7%
arrears.
Quarterly «y_*i.«-ii*'*%.*-**-<.*-*----**>_*i
•l-'v.v
2-15
C
(quar.)
com.
I
-Extra
12-21
1-17
50c
43%
—
ft
Drug
1-15
$1.31
—
Share
Ltd.,
1-25
-40 c
preferred
Co.,
3-
;
(extra)
Sugar Co.—
Inc.
1-30
Tel.
When
4 Per
Name of Company
&
$2.50
____*****i__
Quarterly
-
30C.
.
Extra
*
4
1-15
65c
$1.75
(quar.)
common
• Extrav;
8%
preferred (quar.)**
Crystal Tissue Co., common
Cunningham
1-18
:
Electric
Corp.—
$5.25 preferred A (quar.)
Crompton & Knowles Loom Works
Crown Drug Co. 7%
conv.: pfd. (quar.)
Crum
:.'
v..d
Com
Co.,
7%
V'5''
:
Martime Tel.
Co.—
Graham-Paige Motors—
5% Class A preferred (quar.).
Grandview Mines (year-end)*-****
Graniteville Co. (quar.)
12-31
1
60c
Exchange Bank Trust Co, (N. Y,>->.
•Quarterly "***£.;:—_
—
Corn Products Refining Co., com, (quar,)—
-7%
preferred (quar.)—"
2-
(s-a)
;..
$2
$1.12%
Insurance
payment clears all
Hosiery
1-10
2-15
preferred
(quar.)..
Massachusetts Utilities Associates—
Co.
Pumps,
of Rec.
30c
**;_*_**
(year-end
Manufacturing Co.
Gotham
Payable
i.'"; 1-25'';
50%
(s-a)****u.^*y*^T*._.
preferred
above
State
Goulds
Fire
preferred
2nd
Gorham
■
i
1- 4*v'
:■1-15
(increased)
Co.
2-
?
•■ii 1-19
Co.——
B.)
12-31'
2-15
■
E50c
$1'
common
Rutgers
The
Golden
1-15
15c
•—
Aircraft-
Vultee
Continental
&
5%
12-14
% 1-15y
(initial)***
229
When E Holier1
Share
(stock dividend)*
common
preferred (quar.)
$4.50
EV;5% 1st
Consolidated Royalties,
Inc.—
(quar.)'
*_*'*v*T_'
-rHame of Company44;':E :
'.
common
Globe
1-28
V- 'it-
Mining
Canada,
New
12-31
1
2-
$1.25
4-.ff-
•
GImbel Brothers,
1
ft". 1-15
$1
Inc.——i
(N. Y.), $5 pfd. (quar.)
&
Smelting Co.
of
l
E Per
i
Y; --I 'x.'c P :
;.;C'v.
J.
f;
ot Roc,
;|,vi i*
Payable
Share
ft.
'
,
Co.—
(quar.) mi-:—.
6 %> preferred
Consolidated
/ -ft_
Holdert
When
Per
>
$1.50
•E ;$1
■
2.
•
750
4-
1
3-15
$2.50
"1-19
1-10
25c
1-15
12-29
50&,
1-20
12-31
50
1-20
12-31
'
"> 'i'UR
..her
v>
^>12-31:--
"Portland Gas-light Co.,-common (year-end).
.
M onday.January "14;
V'V'-Jrtflf *
whet*-"1-'' #01
; !P' Bhart
Prnahii^'oPStiwA
Nottif-o/ Comvani
•-:
'4-vtrWvv •
*>■!* ■ v
itfi ♦.rn>w**v
.'jnBm+ot
-
J>'
and
wr.)
Po^onm^^lec^ic ^Powe?,"T%^^'pid^
a«l
■
12-31
.1-15:,
1 $3c
Cvi«
Common • (quar.)
:
fd-(monthly)^--5%' preferred
——
•
m
t
6 %•
r.
6%
<
1-15
1-15
1-15
2-1
2- 1
2-1
*
'
-
Public -Service- Corp. or N. J.
:
■"
1;-4V
^® '"'v>2ii)3
^
—
'...3l
». -Ti.il>
2,0c,
2-
6.36.*»
nrior
nref«rr«rt.
A
>r
prioi? preferred:;(monthly?
-(monthly)
% % ■■ prior preferred; "(monthly)
7 % /prior* preferred
4- 1
2- 1
3-. 1
.,
'53%c 1
_
1-15
...
.
,;}
,
,
~:58.%c
;> For the automotive* industry, the- company turnlshed~ abto topping,
as, well
as. coated-,-fabrics for
sides' and" backs ap d'.sport topping
:
2-15
3-15
1-15
2-15
$-!»
3-1
_
53c,
f> 58 %c.
7
prefer red'"t monthly) «l
preferred1 • (monthly) i—
4-1
53c
.
imnnthlvi
years,
„
.2*15
3-15:;:^
2- 1
53c
.
of 220
1-15
3- 1
j
50c
.
prior; preferred: (monthly); preferred^ ^(monthly)
r
1-10r
.
1
►*
50c
i
6^.preferre(U>)monthly)^i
6.3&'e
-
prior-.to -the commencement o^ thS- war,' ^>^
the* company w^a- one of the principal 0uppners>tn the rallroads ;of/
passenger 'ca£ cuitains, vestibule curtains, - - special) locomotive and"" :
caboose upholstery; having .supplied'-over. 80% • of their'-reqUlrements. *
For /upwards
1-15 »
1-31
:
50c
HBi.,
12-20
1-15
$l"v^
•
>
as: awnings, and tarpaulins; sold .under -registered 'trade- r '- '
marks -including:. VPantasote,".
V^tusslslold,'etc.:t. •■,'/-,^ 'X -prP;pv-'
1-15
1-15
;
-
»2-
nia'.eritti.v
.*^».»- -
\.p
1941,-the last year' in which
'<*
materlaUy affected by^war production
restrictions, sales of. the products of the: • companycwere.-; divided v"
approxlmdtely as , follows:" Railroadst—45 %) >:theatre seating^-20% ; V
furniture4—10fr; automotive industry—10^ •'-miscellaneous, and export! )
During the fiscal year ended- Dec.* 31;
'
.
the cOmpahy's business war, not
and
.
:
'
"
-80c;preferredl:"'(quar>K-i"_.^ii;
,;
#M» MM
_
M-M,
*.
'&yRealty^Common/ (resumed) ;
i
1st niceferred' (quar.)—
Reading', Gn,_ commoii^ (quar.)—;
Cb^eommoix
-f
20c.
'4W> ;
-
.
25c
-
25c
Reliance Electric* 8b- Engineering Co;—
;' $5' conv. preferred^——— 1
—
ip-i Reliance Manufacturing Co.—.—
Republic Investors Fund—
'
'5:>>'Lr6^:preferred,'A>(quar;)^—
15c
--
$1.31J,4
*
,
_
_
rS.::>41 i3Vjpreferred..*■ (Quar.
7.5c
*
2-1
U15
U5C
2-15
15c
1-15
l-
1-15
l- 4
1-10
4
,
$175
preferred (qltar.)——^
—25c
Russeks Fifths Avenue-(qunr.)
Lawrence Flour Mills, com. (quar.)__—
$35c
7%
preferred
(quar.)..___—$$1.75
Gt. Lawrence Corp., Ltd.—
fta
_-**_t
'.**/
$25c
$4 Moss "A nnnvJnfd
class A conv. pfd; (onsr.)
(quar.)
;—
$756
Bti .Lawrence Paper Mills 6% pfd. (accum.)
1-15
,
_
Bah Diego Gas & Electric Co.,
Brothers,
Inc.
common.
12-22
1-15
.._
25c.
1-15
$t
lacMnley Distillery Corp—-__
:?! l-20 >?
1-10
2-11
1-19
50c
-
:
—
ii'ls
pfd. (quar.)—
1-19
«2,25
33:iic
62%c
$1,083
37%c
$1.06%
$1.12%
1-15
1-18
1-18
$1 25
$1.25
12-31
'O^o' to t»WI
Ub ™
,.
1-15
1-25
1-25
Placed orders with- the company'in amounts commensurate with their
present requirements, for substantially all of the kind of productsformerly furnished to them. In consequence of this civilian business *
2-15
5-15
and the orders received in the last 90 daysv the company's production
department has been working in .two shifts of 53 hours each a week.i
$2.50 f
$1.25
SUMMARY OF EARNINGS
1-17
Net sales 'J,
Other income
1,634*,572
(net).
2,105,084
2.199,968
$181,108 -T $373,003
27,508,
;
22,942
$62,341
27,570
•
'
■
.
Prov.
,
ineome
.
«■»->#"£*»'•»; »-Ki
'
>
■
■»'
"
$208,616
i?;
'
iii' •' nil.
2,490,314
"
war
credit)
Net
profit S
$395,945
21,802 *
Cf'l^
MP
14;504r
24,000
,
share_
291,346
$55,133
$0.15
'M
I
$479,005
$89,9U
138,979
___.
per
?497,203
3:^
itun,:
for
conting. and
host war adjustmentTaxes on inc. (less post
f.'J-:
9 Mos. End.
-
^1;815,680? $2,778,097'>$2,262,309 >$2,947;5l7
Net Income
Total
;
-———Calendar Years-
Cost of sales and exps
'
:
.
,
'
-
.
.
months.
1
CJ
POST-WAR 'BUSINESS-Slnce the business of the company in the
war yericKl; was cIosely^related to itS peacetime buslness, the 'company ;
had no reconversion problem. The pre-war customers of the company^
in the-raUroad^automotive, theatre and furniture fields have-'already t. "
$1.50
2-15
25c
1-28
1-17 .
Co., common
17
$1.75
2-15
Scott Paper Company, $4-preferred (qbar.»
$1
2- 1
,
1-18"
7% preferred-(quar.)_:.
; $4;50 preferred (guar.)__^_
—
$1.12%
2-1
1 -18*
West Penn;Power Co.—
-20
1-15
12-20
$1.12%
;; -Seaboard Finance Co. (quar.)
,\.r
15c
1-20 ' 12-31 "
4 % % \ preferred(qua*.)
•: 'TfMliw'ii
.Shaffer Stores Co.; common
S
■
10c ? 1-15: ^ 1-2 •
Western Department Stores—
2
1-19
37%c
Bhgttuck-Denn Mining Corp, (year-end)
.
10c
1-30
1-10
6% conv. preferred • (quar.) ____________
12-14
Irl5,
$75c
> ; ' Shawinigan PdwerW Water 43o,
$23c
2-25
1-24.
Western Grocersy Ltd;, common (quar,);^
12-1*
:v> Shawingan Water &*-Powei' (increased)-.
$25c
2-25
1-18
7% preferred* (quar.)
Western Light- & Telephone Co
Bheep Creek-Gold Mines (quar.)
• $3c
;
1-15 *' 12-31
1
3IV4C
2- 1
1-15
1-10
5 ^ preferred —' '
Bherwin WiBiams Co.. of .Canada——.
$15c
2- 1
;
„
75c 2-15-46-:
2- 1
? Sigmaf Mines, Ltd? (interim)
$30c
1-19" 12-28 *. Western Pacific RR.,; common (quar.)
12-28
$1.25
2-15-46 2- 1
Bioux CityGas ft Electric, 7% preferred-.-,
$1.942-10
5% preferred-A* (quar.^*<'/■'f If.':
!prp.—
Silver wood: Dairies, Ltd., common (aceum.)
j
$30c
,4-1 * 2-28
Western Tablet ti Stationery Corp.— ■.?>;; '>■r
^ 40c participating preference "(-s-a)**—
$1.25
4- 1
3-20
*'$20c '
4-^' ,;2-2S
5% preferred (quar.)
Westvaco Chlorine Products*^
*'• Sinclair Oil Corp._^
25c "r 2-15' ' 1-18*
" "
>
$30c m 2- 1 :?ft-io
r.)----!——.»■ 93%C
2- 1
Slater (N.) Co., Ltd. (quar
£— ^3.75 preferred*;)(initia$^ quar.)__________
$25c
>1-30
12-31
iWhite-Bewing; Machine:
Smith (Howard) Paper Mills, common
^
Schwltzer-Cummlns
prime contractors who submitted Government contracts was
Company does not, oh account of its termination claimB.
parts or any operating losses under its contracts with the Government.
—
2-11
3- 1
6- 1
with
.
expect to experience any loss on inventories, on partially>prbcessed^
1-10
1-31
2-1
2- 1
1-19
2-1
2-11
$1.7a
.
,5% preferred < semi-annual)
Weatherhead Co., $5 preferred (quar.,
Weeden :& Company.**
Wellington Mills, Inc. (year-end >
Wells-Gardner
Co,.,^^-.'v;
■■
West Penn Electric— *
6% preferred (quar.)
12-31
1-15
"
(year-end)
^etinnin^Co 7%0rnfd^ /auar
"
1-15 f ; 12-22
20C
5& preferred (quar.)
or
$31,657.
1-15
_
'
■
,
12-31
12-31
2-1
2- 1
37%C
__________
.
5-1-46
8-1-46-.-
33%*
——
_____
(accum.).
Warren Brothers Co.. $1.35 Class A (quar )
$2.50 Class B (quar.) •
Washington <D;. Cvl:,:qas Light, $5 preferred
Common (quar.)
___!
$4^5 -prefexred'?:($nitial quar.)
t- (quar,)
^
Washlngtoh Ry. & Elec., 5% pfd. (quar,)__
V
5% prcferred-Cquar.)
2-15
1%
(qugrj)^
(quar.)__
(quar.)
»3^ohv^iW>p^prelerred
2- 5
3- 1
preferred
preferred
preferred
pref,erred
•
Vulcan
1-5
ol
:
$$1.50
-
•
'*
1-21
?5c
——_
6%
6%
6%
Vs; 1-15
1-15
'1-15""
1-15
2" 1
2- 1
15c
v
vj
.
.
V>i Rochester Button Co. (quar.)
Rdliand Pdper Co., Ltd., com. (quar.)
»•-$%' * preferred
(quar.) __(R6>bl "Typewriter Co., common (quar.) __
;
^
-
15c
$4.25
-
>
""
-
|
GoodffGoods-
•
,
..
,
—
(quar.)—_
,
'
preferredCQliio.-"!?w-yft^60cSr*t■ • ■.•' 1:■
2- 1
Class
A-.-l
I-..'-..
$12-1
Inc.
-
,
.
$2"
Rich's
.
-
30c
"
Ricftmond Insurance Co. of New York (quar)
•
'
,
',
''P'tfo-preferred. B )quar.)__———
> Reserve Investing $7 preferred (accum;) Revere Copper & Brass, 5%%* pfd. (quar.)
Rhode Island Public Service- Co.—
Birr-RHx. Dry*
Rice-Stix Drvi
J-
,
*
•
:lu^'*>;
.
;
U-:V«.
.
,
$1.56
**,
,
preferred
v
£;$'*■•; *; ■ ,vVvV. */i^
5^4*.preferredh'fqn»r:)iX^4l,_a^^L:L-u»^;>^>$;*.25*',A-7-l^',);*"C6-15V^^:BUSINESS-DtIRINarTHE .WAR-«Be(dnnlng im the»-later .part-'Of •
-
>
12-31
.
'
^
lr- *-fe
12r2T; V
r
-IT.:fi.' Cold" Storage. Corpi^ parf.ioipn.Hpg ^
.
•
lr31- *12-21 ')> the :company-s: business*'changed.over to- defense^ ,1endrlease:.ond:oth«ir -?-.*'11:
I2-21">
U.S. -FidfelHy «.Guartttrty Cb;'w#J" -pjoduct» .imd by) the .middle ot'$9c42, .60%; of- the4 company's "pro:
12-31
1-19
Quarterly.:A^i;ii.A.^irA>-:i_^--_jI.>^_r..-i:^ >..>>;:25c*,>i:' 1-18
12-29
duction was for the A*my; Navy, Alr Corpe and':Engineer3:-Corps and ^UpUCli^r
—
(
25c
: .1-16
12-2$
lend-lease,:through, primr and).sub-contracts.
"
1-25 " 12-3$ .* >U.(S"., Hof^an- Machineryi €orpr^
During this period, the company was engaged tn manufacturing' a. - 2- 1
1-25
12-31 "
' 5'/iV convertible* preferred (quar.)
■ 68%c
J"21
,
specially treated, fabric ;used in. the- manufacture .of parsehute packs 'Pyy::2- 1
1-15
for a substantialpartof the-Navy and Army*'requirements, "Company
2-14*1-17 < -C.^S, Industrial Chojnicals (qtiar.)-—
25c
5
also manufactured :and supplied simcial fabrics.used»by the Army and
-,
*
-0
?%)•'>:
U* S. Ply wood Corp.; * common (quar.) a
20c : «>:':$-19
1*10
*
Navy for covering guns,' gun sights, bomb Kight8,. r^arj equipment, > ;
U. S. Smelting* Refining* U Mtning-—
also special cover material lor aircraft
Mso special cover material lor aircraft -engines,:propellers, cockpits.* , .
engines;'propellers, cockpits
5 % preferred (quar.1
and
67%c
1-15
12-29
fire-resistant seating and
' 2- 1
1-21
lining for airplanes, t In; 1944, the.
■rf>P' -'VS?' >/?v
company was called upon by the Engineers Corps to do some special : ,>
'.vUhited-*Stockyajd3:;iCQrp;rr*ir,^?!i-*i!:?-KS:i;)^^^^
1-15
12-20
yOc convertible preferred (quar.)
17 %c
2- 1 J
1-15;;dev2lopmerit work on pontoon fabric and by carly I945; the c0mpany^ ^'
Universal leaf Tobacco Co.
2- I
1-15
$-16 ;4 r was furnishing a lar
com.
was
(quar.)—
"
"
" "
- - $1"
,2-1
l-ie i
a large percentage of specially coated fabrics for use
50c
Universal Pictures f qu air.
1-15. 12-28
;
1-31
1-15
in the manufacture of pontoons and life belts. \
50C.,
2-1
1-10
Vertlcntes-Camaguey Sugar Co. of Cuba____
50c
2-1
Subsequent to the cessation of hostilities with Japan, the company £/*-"*'
Jaoan. the eomoanv;
received cancellations of $2,015,628 of war orders on hand,
Virginian Railway—
.
A* of Oct.;
1-15
Railway Equipment
>•
•,' 2-15
* ?
15c
.
'
:
laminated fabrics for the railroads • auWmotivo (including passenger, > >
bus'and truck) ,'Jujroiture; theatre, seating,j boatingt «nd ^^aiircraft Indus- )
i,M-i5|f| tries, "asv well
v
i
Piiget;Sound Pcrwer ^Ligllt-Co.— v*
$5. prior preferred (,4jjar.) —i"$1.25
V PUrity Flour Mills, ■ 6 % • preferred - (quar;) —
$62 % c
2- 1
Iftadio. Corprof 'Aiiierica common-__-i--l-_ . ;\; :" 20«- ;,i. $-29
Railroad Employees Corp; Class/r (yea,r«nd)*^r -T * IOC , >;1-19
-'Class B- u»o,-^uuj
(year-end)
—,—r.~—
; 10c ' *1-19'
v
$38c
t
2.
53%c
50c
4l%c
.--------
id'
6% ^preferred (monthly)-*
*
^
_
'dMmnnthly)i%:i.--__preferred* (monthly)
-7%
Ltd^rvf :-
(qua*;)
Uiiited; Fruit. Cb; (quar.)
v United-Gas Corpa^..;^
1-15 " v ; 12^24^
Proctor-&'Gamble-8^''-preferred-.«(quari)i^)>^i;>$2^>^.r^i^j-^',^~;4"
^bllo-^rytoCo..wVp!pr»4<^fi :
2
'
u
4
"
,<*ynATTnlfn^
*VA
*15
,
1Y-15
1-15
;
Extra
'
>
M-15 i 12-14 "
* Tool,;classy:Ay(quary)
!ci|.
(quar.)50c > i'715$2*21 ;■ j\y) JjrWJS B *4,QUAIV))*,4*
OM'
Prestom-East Dome -Mhnes (quar.)-i^
;
'
w:£Class A
y\:'2-.
:nc
■
Jdfg. Co., com.
prentice--(G.-E.)
yf2-15.>:
TT., 3- 1
forimr'V4 >
.nreferrcd
Pwmle?^^2Ete
;
Prom inceptidnt, company haa engaged in .the tmanufacturer gnd; sale )
of/artificial leathers1 Its pre-war products included* coated, impregnated
Hotdert
Wheat
Bhart'^ favail*
United Cigar-Whelan-
$72,968
$54,425
$109,005
$0.19
$0.15
$0.29
.
346,000
'
v -
(
•
'■Based on 375,000 shares.
.
'
-
$$1.50
>;>:? 6%"preferred-': (qua"r.)_
Solar Manufacturing Corp.—
: .Gauth:
;
2-15
.
1-15
1-21
85c
: •
SQUtherii, California Edison Co., Ltd.—
'V
5%
original preferred' (quar.)
;,v
34%r\
'
.Southern California Gas Co.—
.
?
-
*
1-20
37%c
1-15
12-31
37 %c
1-15
12-31
"
:■: *
>
preferred
(.quar.
...
-■
T
50c
50c,
appropriate corporate action the company
its certificate of incorporation on Oct. 6, 1945 to increase
•
authorized capital stock from 5,000 shares to 1,000.000 shares, - to reduce the par Value from $100 per share to $1 per share and to provide for the exchange of 75 shares ^>f-new $1 par-Value:common
stock for each share of old $100
par - Value common stock. • The option r'".
the
1-13,
1-15
*
2-20 ■
1*31
1t15
1-15
-
,
$20c 2-15-46
$$1.50 1-15-4#
12'Ac
40c
3-1-46
$1.20
—_
'Southern New EngiantfTelephonc Co. (quar.)
Southwestern "Life Insurance-Co. (Dallas)—
*
2-
*
12-31
x
2-$o
•
1
$1.50 1 * 1-15
York
1—18 ,.
-12-20..
1-15
amended
2*< 1
,
10c.
> $1.75
..
19
2- 1
•;
$R50
$1.12%
...
1-19
2-1-
•
3-1
4-1
Rudolf
1-
Koppl,
"The outstanding stock is exclusive
2-20
2-
■
1-15
<3»v$
a a «• ■+
"'Bpicer:
Ma
$2.25
2?
Jamaica Income tax.
|•Transfey books not closed for this - dividend;
fP«yablelrvUiS;funds,
$Pay«bler in- Canadian'funds, tax dedUctiWa^iat-etha
15-ft : -resident tax, 7%. a»Less British income %ax.
1-15
'12-31 '
—
Butcher
(A; G.)
J
:
County das Co._-_
Less 30%.
,r
.Spaldtng.
I
ot common'Atoek
share at-any time
options to purchase the same at $6 per
within, the period of three years from Oct. 5, 1945, granted to-twr>
officers and: five key employees of the company.
In the event such
11-30
$■
of 6,509* shares
covered by
$-29
3-
*
)
.375,000
having been exercised, the company issued™a total.--.
shares of-new common stock for the- 5,000 shares? of old
common stock then-outstanding
The* 100,000 shares of common stock
i *i • yyy'.y sf i'$1
n«R offered are included v/ithin the 375,000 shares. -
1-15
25c
25c
25c
v.5,i'&**!;
to
of
12-31
i.?vV-?^<5,.iVa^'.4-V*?- '^$T tv,Veftk':
& .1
York Corporation
^—___—_»
4.8 fo
?).
T.
»Tn lYIAC)
*.s
—
Preferrett" A
■
M*.
llnun
^
.
' 7%-1st prcfc'frcd^ ( &cduin«)
Wrigley (Wm.) Jr., Co, (monthly)
Montlily
Monthly
Wyandotte • Worsted (quar.).
12-20
2-15
-
(quar.)
^
6% preferred; (quar.)
;
©o.uthem Canada. Power Co., Ltd.—
'v.:
Comiaon (quar;")
"iV ^
participating, preferred (quarH
Soutliern, Colorado .Power Co._______-__
.v.: ; Southern Greyhountf Lines (increased)
>i>;;6oMtheHf Indiana: Gas?&'Elec—
•
1-15
37%c
..
Common.
'
-,v.„
,
S%SJ. preferred; series C (quar.)_________
■
(quar.)___,
$4. conv.. preference (accum.)
Whiting Corporation (irregular)
i
Wichita-Water Co., 7% preferred (quar.)--.
Wilson As Co., $6 preferred
Wisconsin Electric Power, 6% pfd. (quar.)—
Wisconsin Gas & Electric, 4 % % pid. (quar.)
7%" preferred
\
,v
'
13%C
$1.12%;
Pittsburgh Water_ 4%-% pfd
Bag & Paper,
.Southern'* Advance
"
.
|
<55c convertible preferred*A (quar.)
*>,"•*?,
-4' ■'
$2. prior preference
m
;r;l-21
..
CAPITALIZATION—By
..
•
:
preferred
55c
1-28
"
-
j*7''
Manufacturing Corp
2- 1 ;
Bquibb, (E.:«R.) &:Sot!.s," $4 pfd. (quar,)
1-15
$1
.3-15
v,. fitandard Brands,
Inci? $4.50 pfd. (quar.)
: $1.12%
,3T.1
3-1* n 1-31' '
Standard Chemioalt Co.r Ltd., 5% pfd. (quar.)
:$$l .25
Btandard Oil CO. (Ohio). 33i % pfd. A (quar.)
933/ic
1-15
12-31
Standard Wholesale Phosphate &; Acid Works
cn"
60c'.•
3-10
3- 1
31 %C
jBtnnley Works 5 % preferred
2-15
2; Btayton Oil Co. < quar.)
15c
1-15
12-24';
$75c
2- 1
>-J.: Bteel-Co. of Canada, .common (quar.):
1- 2
7%- preferred' (quar.)
$75c
2-1
1- 2
Gterchi Bros, Stores, Inc.. 6% 1st pfd. (final)
1-15
12%c
Bterling, Inc. (stock dividend)
5%
1-31 >
1-10 "
Stetson (4;'B.) CO., cdmmon (reduced)
30c
1-15
r 8%v preferred
(s-a)
$1
2^00
&' 8herrer<L.
-Bradford^
1,000^
^
E. W. Clucas 6s Co
2.50n
2,500
Coburn
InvettMent Niil
mi #n ahi vlviifv •.k"*,»4f?Ai»n"
2,500
2,500
Middlebrook
St
Cohu df Torrey—
Courts .Ac Co.
*~v
.
•
1 (MM
1,000
•
Grimm &* Co
'
McAUster,
I
Pate,
1,000
'2,500 # Mead, Irvine St"Co.-.^J-??
2,500
■
I
1,000
Smith
2,500
Doolittle, SchOellkopf Ai-Co.
*KillRllcll ft dISr && CO.
•
)Rilll
HMrfAn Jtr.Cn
v
? '-BuIi;;Holdett''..IJlKvCo^w-Awr
1,000
1.000
—— — Schaefer & Co
Herbert W. -
(Continued from page 196)
'
Fait American
Gtix Baer & FuHer. Co.,:com, (year-end)
Btrawbridge- Ss Clothier, 5% preferred^:
(Suburban Electric Securities. Co.—
p
par
preferred
.,r
$l
*
»
.
.
2" 1
$1.12%
:
pfd. (quar.)_
,
:
1-14
2-1
$1.75
(quar.)
1
2-18
1
40c
1-15
$45
1-15
:>:■*. 3c
1-28
$1.50
$$1
?■;- m
(s-a)
1-15
1-15
•
Extra
Were
carried
shares
of
p.
no
212.
*
*
f'
Fathe lndustrics lno.—Stock Split-Up
,
\
*
,
,
*
■
Voted—r
-
■
carrying the record 1945 load, the flying boats and DC-4
man
land v-
Elected—'
'■■■>
;l?
■
>
.
1-
5
5
Clipper Express,
l-
1-31
1-31
foreign
339,000
mail.—V.
162,
pounds of U.
p. 3197.
"
8,
mail
and
183,000 pounds?
.
»
1-12 * $
'
:
;
1-15°*
1-15
12-31 '
3-20
92%C
2-15
1-31
$1.12%:
2-15
.
s
2-15
$1.25
Pantasote Co.—Stock Offered—Mention was made in
issue of Jan. 7 of the offering of 100,000 shares of
common stock ($1 par) at $5.75 per share by Van Alstyne, Noel & Co., and Ira Haupt & Co., arid associates.
our
■> " $250
JlOc
*
2-
9
i.
v; i-3t: i >
'The First National -Bank of Jersey City has been, appointed registrar for the $1 par value common stock.
/.
v.
^ r 1
*
>, ;
BUSINESSr--Company v;as incorporated in New Jersey, Jan. 7, 1891
On Oct. 6, 1945, the name
12-31 > urider the name of Pantasote Leather Co.
12-31 & was changed to; The, Pantasote Co
1-31 :
1-15
1-15
1-10
Evidence
the phenomenal advancement of medical science^-be>
World War and-the conflict Just ended is found in the;
casualty records of this company -recently 'compiled; and' i ? >
of
tween the first
over-all
war.
presented by John A. Stevenson, President, at the annual policyholders'
meeting in Philadelphia,
*
*
t
/.
- "
,
_
r
casualties, representing 7% of,; all death claims paid/
during the period?. In World "War I the War claim payments represented. 11% of all;death claims paid,. .Death claims In World;War Uj
resulting from disease ,were $890,267, or 16%, of the total -war claixns.
war
The "corresponding*
V.^162, p. 2518.
figure in World War T "Was* 58% * Of the ;tot»l.-^
*
>
During World War II the company paid a total of $5,668,344 in death
claims, on
...
25c'
e v' I
.
1-12
15C
of
4; 1
;
-
,
5
l-
1
62 %c
-
i
,
1-15
■
.
.
$$1.75
$3.70
rUMon Oil of California (quar;)
United Bond % Share, Ltd.- (s-a)
common
value share,—-V. 161
planes' crossed the' Atlantic- a total of 419 times between the United ? > Joseph C. Rovensky, formerly Vice President of The Chase National
States
and
1-31
Europe;
This, does hot include twice-weekly tripsto
Bank of the City of New York, has been elected' Cbairmjan,of the board,
Bermuda.
The four flying boats and, .later, the six land planes, :
; of this corporation and-President of Patican Co., Ltd.; a newly organized
12-20
traveled a distance, of approximately 1,750,000 miles on,these flights,, >'
subsidiary - of Patino Mines m Canada. The* parent concern" owns
rik'8;;1-^
preliminary figures show.
• •,
.
,
"
hi $1,000,000 stock of its Canadian unit.—V. 162, p. 3079.
/
12-31 :
..;. * Other than
passengers, the Clippers transported .203,000 pounds of
2-6
Tuckett Tobacco Co, 7& pfd. (quar.)
£08 South' La Salle Street Corp. (quar.)
,i.'
two
meeting, of the stock-a pioposal to increase
500,000 shares and to ■
par value for each outstanding. $10
special
a
A- split-Up of the common stock in the ratio of 10 new shares for
in its seventh- annual- traffic report. ^
;
*
>
each one share of the1 present- stock, was authorized by the common
>v
To 'handle the indrfeased demand for: transatlantic travel; whlch' Was;
stockholders' at a special, meeting Jheld on Jan, 7, .
more
than 50above>1944, the company replaced the flying boat\ r " "
"; ' *
Clippers with faster land planes,late; in the "year; lowered passenger ( p Th9 corpora"tion -announced that Its/charter' will be amended forth*v
and express rates and increased ..'schedules: to London' -from twice
with, and that notices will be mailed to stockholders shortly directing' *"
a
week «to dally flights.
*.
. i.
"
( the- exchange of the old-shares for new.—V. 163,- p. 76. •- f
Iii
the 6%
years
of operation since the Dixie Clipper's initialcenquering of the Atlantic on June 28, 1939, the Clippers ; have ?
Fatino Mines St Enterprises Consolidated Inc.-^-Chairtransported a; erand; total of more than 88,000 ; passengers.
v
12-28
,
(
call
4
1-10
25C
;
inc.- "(year-end)
preferred (initial quar.)
$4.50 preferred (quar.)
$5 preferred (quar.)
Voted- to
'
Extra
Union Electric Co.: of Missouri—
have
time in. February to decide upon
common stock from 200,000 to
Division announces
in
(resumed)
Tpledo Shipbuilding -Co. (liquidating ):
Tohbpah Mining Co. (Nevada) (year-end)
Tdwle .Manufacturing (quar. )i?_'^
Traders Building As.sn. Ltd. (quar.)
*frunz,
passengers
IT T-f*
1-21
90c
Tobacco Products Export
Transamerica; Corp
Extra
2-
62 %c
transatlantic
20,025
by Pan American ;Wbrld- Airways Clippers during 1945> the* Atlantic
l-io
$1.50
Textron, Inc.; $2.50 prior p'reference '* *
Thatcher Manufacturing Co.Common
(stock
dividend)
; -$3.60
preferred (quar.)
/
some
authorized
issue
50c
50c
1-21
l- 3
BuperheaterCo. (quar.>__—25c./... 1-15
1-5
Tacony-Paimyra. BrWgey 5% pfd. (quar.)—
$1.25
2- I
12-17
•TAmnnv
fr<«'
Tampax, Inc
>>>2-* 8*
Teck-Hughes Gold Mines (interim)
$5c
2-1
12-20
$6
directors
The
holders
the
^Mold Corp. ,(CaL) (quar.)
Texas Power & Light Co., 7?»
-Affiliate Expands
$43:92
;
** /S^preif^faCCUinl;r7
class A pfd. (quar.)
Bim Oil Co. A A/e
■Super
Airways Corp
Avi'anea (Aerovias Nacionales
lbia); an affiliate; has comnegotiations* for three Douglas C-54- four-engine airplanes for
delivery in I946f The planes will be used on the proposed Bogotapieted
.
-
v>
>
'■*
•>
t
f!
k
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4455
[Volume 163
*
•
1
Penney Co.—December Sales
Period End. Dec. 31-— // 1945—-Mqnth—-1944
X-'C
Sales
f
Increased 4.4
1945—12
$
f ^The New York Stock Exchange has
additional shares of common stock
The New
Public
Electric
year,
9.2%.
'
.
Pennsylvania-Central Airlines Corp.—Orders Planes—•
the-week
ended
Dec.
29, 1945
compared with 188,136,000 kwh. for the
a decrease of 6,3 Sv,—V, 163, p. 110.
-
1 The corporation has. placed « repeat order tor 15 Martin 202 twlnengined transports with the Glenn L, Martin Co.'This brings to 50 the
" number of 202& now on order by PCA, It was disclosed.
J 'l!
The newest order booked by Martin brings to 137 its total • backlog
"of orders for the- 202s, estimated to cost more than $27,000,000.—If.
162, p. 2951.
in
<■
•
1944,
'
-
J
r
"
"
In
its
Court-refused
the
decree
)the railroad -group
directors
to
serve
for
that it permit
a
Court
also
$75,000,G00~.
time
the
limited number of its officers
*
sults" in
v
rajlroads as
the
*
that
and
any
that
company
servicing
business must
-which
] cars
offer
as
railroads
of
owner
„
process
»
(
the
crop,,
.
'
government's
program
new
process
'
-
;
runs, at
and
cotton
is reported
crop
the
government is abroadj ':7
surplus carryover of previous*
year's "carryover, of cotton is of intertof v
-each
a
^^
chief developer of- the
the Danville,
new
made from
low
tbaf'
process, said
Virginia, mills shewed
"unusual -re¬
grade cotton and
containing
on
uniformity of shade
general
dyeing of neps'which "heretofore
on this-type of cloth/
River
f
pigment
dyeing .process was developed for
an'ds"t^
.primarily applicable ..|o,;-i'ab'ric&.;mad6'.'of
vhigh,'gradp1, cotton ..and. 4yn.t
'thetics.
|
<■
.
v.
-' t y
_
.
.
w
•*t
: ^ Th^development Of commercial'.plgmenf
dyeing by'the "Dan Rl'vei
processes has
-
the
gone, ahead quite ,rapidly
during-the last year and largo
.commercial.runs-have been made in-zcveral
plants in the South.
The
-basic patent
covering pigment dyeing is hold by Dan River Mills.
Thi?
sleeping
excess
of
.
a group or Individually
railroads
individual
to
the
cotton
disposing-of
dyeing of fabrics
The. Dan
.
not owned by these railroads.—V. 162, p. 3198.
aTe
,
dyeing
has been characteristic of all dyeing methods
;•
—
—
succeeds
•
-
bulk
record
on
of.
uneven
directed, that
there must be competitive bidding In the
V
' ;sale of.sleeping cars.to either the
v/ The. olectriC • duput for this company and its subsidiaries for the
:;<r^eefc-ended Jan. 5, 1946, amounted tn 125,142;000'4cwh., a decrease of/~
9,848,000 kwh., or *7;3%*v from the' corresponding week a year -ago.??:
;^_V.163i p. 76.
/
"""■•~*.
' /'■■;'*
: V* '•''
'
to
many neps.
The process gives complete
ut ility fabrics and avoids the
>' pther conditions are-that
,
grade
quality.; .v'-iDr. Jennings,.who was
and the
company,
The
'
In
the problem
'-experimental
Pullman
.
*>
-
pigment
government's surplus stftcis
,j
i .v
or
Pullman
new
;
marketing of-our, annual
••".'
per
Mills—New'Process--!
a
contribution
•
"sharpnext,, to holc|.er;i
,
announced
sales outlets for the
important
the-* lowest
crops.;
of
new
cents
disburse^ on Feb. l/amji;! .Vf )./. {';//$> v
1945
be
faced with
there could, be ,no interlocking directorates
Inc.,-the Pullman Co., Pullman-Standard. Manufacturjng Co, and. the.railroads. :
,
-between
facilitate
to
;1
request
directors nf the
as
second
an
1,
*»
'-y^W
the
as
9
75
permits use of lower grade cotton
.for. higher Quality fabrics, than has
been'possible by conventional vdyeing methods of the
.past, according
to Dr. Harley
Y. Jennings, Assistant director of research for
Daijt
Jan. 4 handed 1
River. ., c S
T\ * S
'.*** J
"1'
4
of its
sleepingi&r£ifv. The disclosure .came ^at<a time when
the
executed, together with evidence that there
interlocking directorates.
-
-
.to
,
!
was
,f
sale befom the agreement is
•: ]
/;
Effective Jan. 1, 1946, Merle: A. -Yockey has been appointed Vice-;*;
President, succeeding Carleton S.f Smith, Tesigned.
Mr., Smith, .will
^" /jsgpttnueJjtol-Aervejkp .a .director, of the;«ompany,T-V, 162, "p. 2518.
«
-
•;v
•
Hailed
•
the
to
*
•;
Philadelphia Electric C0.4—-Weekly. Output—
1
Jan.
on
open up new;
of low grade cotton.
kwh.,vas
week
1
t>
,
company
which will
.
18. The Court also required Pullman Inc. and the roads
toisubmit.
Court any detailed agreement formulated to consummate the
Dec.
to- succeed. William
amount
...
The
of
payable Feb.
Riverside & Dan River Cotton
..
a
the purchasing railroads.
-substantially identical to those expressed in its decision of
were
."are1 no
\
.
The Court Imposed several conditions upon
They"
Peoples Gas Light & Coke Co.—New Secretary—
r
corresponding
;/ The
special three Judge Federal Expediting Court on
jrWi-i a -final fiprrcn flnnmvin? the sal* hv PnUmaii Tn"
down H f(nni decree approving the sale by Pullman Inc
car subsidiary
to a group of railroads for approximately
M
dividend
a
stock,
common
606/f;'i
corpora-
176,372,000
iPuHmail^Go.—-Final Decree Issued—
.
•-
totaled
.
"
.
value
par
,!'of record'Jan. 15,' 1946. A like
xSept, 1, last year.—VV,-161,. p. •
-
•
Electrlq output of the operating companies served by this
for
no
the
,
'
Pfeiffer Brewing Co.^—New Vice-President—"r
of
output
oh] Jkri. 2 declared
directors
the
•on
Utility Engineering and Service Corp.—Output
of
decrease
tlon
'
Rice-Stix Dry Goods Co.—75-Cent Dividend—
"The
operating companies Served by this corpora¬
tion for the week ended Jan. 5, 1946, totaled
.181,044,000. kwh., as compared with 199,335,000 kwh. for the
corresponding week last
authorized the listing of 5,487,968
yt
Remlck McDowell- has been - elected Secretary
;ivVR, .Galloway, resigned.—V. 162, p) -2648.
,■
Stock
common
.2685./^./;
:
,
.
of
232
York Stock
Exchange has authorized the listing of 875,000
stock (par 820), all of which is issued, and out¬
standing in the hands of the public.—Vv5L62, -p.shares
V
{no i par) on; official notice
issuance pursuant to a split-up on the basis of three shares for one,
/'/'/ making the total number of shares Of such common stock listed or
! applied for, '8,231,952.—V. 162, p. 3197.
,
.
,
Colo.—Listing of Common
':
M*os.-—1944
♦
Listing of Common Stock—
.
'
i
-
I!:
73,001,584 ' 69,891,536 549,186,770 535,362,894
-i.•$
Public Service Co. of
,
Philadelphia Suburban-Water Cov—Earnin^s—
"
;ll)g -Car Subsidiary.—See Pullman. Co.r^bove.—V. -162; - vresin emulsions, Dr. Jennings. txplalned -V ?63 D1 n
•Ptemente*
End.Nov.30"*!* * >
*-wi$45 < .> "HM4
-.1943"' ?
•
Szsmsm^4V-'
^::^/*AGros8;reYenuea^^^.ji^^^S^;f^907,324;--i$2,934,711';i$2^75,59l'^;;: p. 3080.
Rochester Telephone Corp.
fa-ftf'fOperating expenses
*1,249,038 ; i,165,Jl8'.v:-:l;087;704 •
Earnings—
" r
Pullman-Standard Car Mfr. Co.—Contract—
{
^;;^Taxer."578/451^ ",684,280 9 "673,833:/
'Period End. Nov.' 30~*
;
""//"
«42Mos,
♦
.
.
■
*'
r.
J
Net income
K
Interest
m
.a*mje»w
*i» *•) ■***«w%
+e>*'*2
and.
See -Baltimore
; -
Ohio RR.
162,
549,950-'.
552,220 r?
frther^^e^u^tlpn8-^-;^^ll^L63 ;t^CrU,718;
553,428
RCA Communications,
^
Period End; Nov; 30—
"Philco Corp.^-lift4f5'Battery."Shipments Up—
Operating
2823,
p.
revenues
$620,408
Total
:
'Total oper.* expfenses—;
-
Inc.—Earnings-
-
515,380
6,561,003.
5,222,018
Operating
'$545,282
oper. - revenues—
Other- communic.
V
:
-$4«6;864
"35,798,
$5,993,032'
26;408
$6,208,000
revenues-!
:
$620,408
$583,937
$6,676,590
.386,570 » . <4-,443,532
;/ *'
income—'—
qper.
.'$86,447"
53,619
Net
income___a_^"„-^:
.-r-y.,162, p. 3118.
-245,909]
I
"r
$6,324,930
4,201,9C*V
•
05,934
1,121,437
1.064,79P
$101,433
41,111,621
$1,058.18$
*
$3;52G,208
214,968
4513.272
-
Operating* expenses-/^ ':/. 436,654
Operating -taxesr.i:_v— / /V97,307
t
$6,328,657
].,/•; 3.715J
4,092 '
—"'
■
1945—11 Mos.- -1944
$1,002,244 412,554,035 -$8,748,226 4
Net
-Net
•
$6,680,682
1,299.
-
.f-
1945^-Mohth—1944
$1;277,195
731,913
oper^ revenues-i-i:
1945—11 Mos.—1944
4585,236
.
-Uncollectible- oper. rev.>
V rBalance available- for divi^ndsJvw - 4541,049 - ^ $544,7il- -4597,008
1 ■- ••Includes Federal -taxes, rtliicliides -depreciation-and .maintenance.—
V..462, p. 3080. ; ... . . - 'j .
7.
;
above.—V.
^
charges
Amortiz.
1945—Month—1944
" ii."/'.1 '''V/w'V
it.i
41,079,834 :41,085,213 i$l;lH,253
K.H
t\,
75,663
]
.755,293
.762,800
.
^
..M.! W,. Reinrltz, .Vice./president Jxi 'charge of the Stora'ge ~Batfery
Division, has announced that-'shipments of the corporation's Storage
Battery Division in ]945 were 7'>-greater ,than the.year before,.and a
'further aubstantlal Increase is'expected in-1946 as general Industry
'
!
,
:Ord.
full peacetime-activity./Plant facilities at Phtlco have-recently
increased to provide" one-third more- ^productive -capacity, that?
previously attained/'-^V. 162; p.'3197; '
•^.been
-
-ever
^3fad.^Changes in Personnel-^
;'
Stewart B,
Hopps * was- -elected
•
Deducts! from
*"Net
4497,188
$6,196,463
14,119
C .117,054
4483,069
""'I
$6,079409
•3,346
9,600
inc.:
m6,084'
•$61Gi721
6,215
.110,672
-$476,855
$6,122,804
Blrreli,
Deducts,
;
from
"4,459,040
2,640,750
$121,605
'$1,663,764
/
8,608/
.
4 $608,113
■
$601459.
inc.
net
•
-442,100
.
Mr. Hopps Is Also President- of the International Utilities Corp.,
Chairman of the board of directors of the William Penn Fire Insurance
; r
Net
Philadelphia, President of the U. S. Marine-& Foreign Securities
Corp., Chairman of the executive committee of Securities Corporation
General,* director of theRhode /Island Insurance Co. and director
.©f the Towne Realty. Co.
v
-Mr;
>
!.','•
/
Corp.
of
Portland
t
possible
order.
America;
Ogdensbu rgr Ry.~Bonds Offered-^Adams
;
The bonds,- assumed* by* Mairic Central RR, were held iri
the latter's treasury.
of
.Pprtland. 4t
fai-102.
)
used to
retire
Rumfordr Falls Ry, - 6(.(i
v
-
.
$1,535,600
eollaterab
bon<}9. idue^ 1959,
/.-/•->..«.«{)
,
first lien
a
on
\ \.-j
was
assumed
In
in
T945,
.
stock
.
of
call
recent
preferred
at their option, at any tin) e up to the /
1946. convert tbejr shares into shares of
share
be entitled
receive from
to
said
combined with
its investments.
marked
a
all
in
:
for
by the scrip
so
for
any
,
same
full
certificates
of
fraction
shares.
See
Railway
share
a
also
V.
exchanged and
in
of
excess
a
such
]OTepts.
Inc.—International
/v!..:. A- v0/ri-;]
Steel
Car
for Six Months'Operation—
include
•
traffic, to
.
See Taylor.
.
../■
'
*
;
/ '
v
«
^
:
f
\ £~
^«.*
,,
•{*."*, Vv .;*-L''v Ai\■: v'-V^-H'
•'
r
-
i
*,..f-ii
-•f.v
'
V-*^
Pnidential Insurance Co. ef America—Promotion'r-. T u
Caleb
Stone,
a
Vice
President,
has been
;
charge of the bond department, Succeeding
v-retired on Dec, 31, 1945.>~V, 163/p. 110.' '
•
elected Vice President" in
John" W. Stedman who
•
.
.
Ship-
and
•
416,OOf)
"
9,000
.
-$400,0001/
r
$25,000
■
'
-
$300,000
13,500
*3,000
$16,500
:
600,000
requirements—.
1
$1,300,000
-
-
whichever is greater.-.
841,500
\ \' \
.
of general claims, unsecured
notes,/opdlir
capital stock are found to have
v^ttn due), will receive
which represent
apMjimately 40% or-'its
by the first mortgage bonds;- "IT will receive
nothing
securities,
its
notes
and
open
accounts
Acquisition
to
CAPITALIZATION
matured
of
1932
to
by
an
1944_^
follows:
as
;
/
•
Principal
$1,308,000
^
)
<
"
'
•
5%
$3,257,58?
"92;981
'240A
149,980-
1,195.341
30,101
30,702
plan of reorganization
empiovee, assistant to the
2,135
60,803
t991.059
991,050
1,154,400
1,154,40Q
t,
2,452,449
and
deducting.$27,803 of lease
one
Total!
Interest
SI,949,583
940,435
2,452,449
$io,295,*03|
$569,'621 bears interest
rental
was
was
with
adopted and filed by the debtor.
at 4
assigned to Boston A;
filed.
This plan was
Vice-President, finance
ing, of the Boston & Maine RR. (who
debtor's property),/in collaboration
Co.—Acquisition—
/'
'
outstanding obligations of 'the debtoA
weie
Vermont, 4Va8
1942—-—,/
:
at
Boston/ &
AND" OTHER LIABILITIES
$7,026;424" '$3,268,607
tAfter
Only
aggregating. approximately
of control; of the
iproperties by the
subsequent authorization.
to
*$370,814 bears interest
r
was
p. 2791.-,
quirementa
'
Total
163, p, .111.
Milling'Corp, below,—V..J61,
Annual Re«;
*-
'*■
.
Preferred stock
----Common' stock —„—
the
York
offer
from
Daniel
Van
and
formerly connected
-officers
of
the
Mahie;
prepare^
account¬
with the
debtor, and
•*
At the hearing approval of the
plan' was urged by ;the debtor, the
trustee, and the Boston & Maine RR. There was
no opposition ..but
the testimony
was
conflicting on the question whether prospective
earnings.-had -not? been overestimated.
,
Dyk
of
Rye,
N.
Y.,
and
sale
a
of
Warren
;
Under the proposed plan of
reorganization, new capitalization would
$1,300,000, comprising $400,000 of-first
mortgage 4% series. A
this
result of
total
a
bonds,
W.
Co.; of Allentown, Pa.,' "to purchase all of the" shares of
preferred And common stock') issued and outstanding, accord*/
ing to anv Associated Press dispatch.—V. 149, P.
1487.
July 1, 1975, $400,000 of second mortgage 4Va% income
July 1, 1995, and $500,000. par value, of common stock.
recognizes no, equity for the stockholders or for
the security holders other than the Boston & Maine RR. as any.of
due
The
,
1
due
bonds
&
second
plan
holder
and,
'
Red
Bank
Oil
Co.—.Year's
New York Curb Exchange—
//.The
SEC
on
Jan.
4
extended
Suspension for Stock,
-'
;?/:>
holders
on
v
'■
common
stock
Over-the-counter
order.
on
bonds
.
the
Over-the-counter
be
in
as
the
the New York Curb
trading" is
not
trading
affected
was
by' the Commission^
Drevented
by- the
of
might
suspension of trading in the com¬
Exchange. The suspension
originally wa§ ordered because .of proceedings before the SEC concern¬
1
ing a",registration, statement filed with the Commission;,-The extension
/; is ,hot to exceed 12 months. " !
pany's
'of
new
St
bonds
Commission's
,
previous orders;: The last of 4hose orders; expired Jan;* 6.---V/162; ]?;
•/'3199"'/; •"/
present
successor
the
such
by
in
subrogation
to the rights of the former
mortgage bonds.
The
new
securities
temporary form or interim Certificates and
debtor's
issued
first
denominations
and
in
such
form
thjr*
as
.
t>,e
to
registerability
reorganization, managers might determine.—>V. 161, *
p. 2338;-],
St Joseph Light & Power Co.-~Partial
The
v
•
,
V
new
of
5s
were
Canada.—V.
con)
detail^
(including
300,000
notes to Boston & Maine„
Demand notes to Maine Central RR.
ReaC Co.> Bridgeportri Conn.—Control Sought
(D. M.)
formal
■
advancing rapidly and. with the .vast
for home-appliances,' the Domestic Appliance
Division—"Presteline"—expects
to
have "a
very
successful.-1946."—
potential market- ahead
!|.".• ;*V^'.163;,j
the
evidenced
respect
State
that" 29.^08 inter¬
Negotiation's were recently ieported under way for the
company, one of Bridgeport's oldest department stores, as
*
.
from
s":;/:
the
further
$400,000
bonds_.._
Demand
an in¬
corresponding period
$126,181, or 38.7% more
1944. These figures do not
handled -in
month
■
.
Company, Inc.; declared.. '
/ //; *
Mr. Murphy la,uded the outstanding accomplishments of the rail¬
roads during the war period in the face of minimum replacements of
the second half of the year,
"Our reconversion program, is
23,831
capitalization
matured
*
Equipment, and described their contribution as a major factor in our
Victory,'
»
•*♦
' • » »,L
- »«
"
In a statement on the prospects of this/corporation for the coming/
year, Ernest Murphy, President, said: "We have a backlog of orders
presently amounting to approximately $20,000,000, sufficient to maintain continuous production during the first half of 1946, during which
.time we anticipate receiving additional business for production during :;
/
and
Ralston Purina
,
■../
the
over
November,
„
-potential demand- as conditions • permit, Assures capacity production
by most of the leading car manufacturing companies during at least
"the first half of 1946. Emest Murphy, President of Pressed Steel Car
.
22.1^e
last year. Gross revenues for the
than the 890,937 reported for
'.
The unusually heavy "volume of orders recently placed by American
/v/railroads- for new/freight and passenger cars, coupled with;a huge
/.
of
crease
Cd., Inc.--Has Sufficient Backlogs
approved
For
road, .capitalization
and: requirements^—i
%
lst mtge.
7/,-g[^
•"..■■•/•
-.:4.
162, p. ,2398.
jtingent- interest bonds,
Notes
during November,
Pressed
the.
Open accounts with Boston & Maine
Agency,
latter
basis.
bondfir—k—ri
1945,
new scrip certificate
aggregate number of
VI The*Air Express Division of this ageftcv'
reported
national air express shipments were handled
p. 15.
-
1st m-tge.
The present capitalization and
With interest to Juiy l,
163, p. "110.
Express
"
.
PRESENT
a certificate for the number of
the aggregate number of full shares called
The company's revenue
the
share
fixed; interest .bonds_T-w-->-!-v.,,
Maine is subject
Holders of .scrip certificates calling In the aggregate for one or more
6^ stock are entitled to- receive in. exchange therefor.
shares of such stock equal to
v
-Amount
4%
$3,126,835.
transfer
-prior to the redemption date (Feb. 2)
the
Ip
>'
Boston
of
claim
of
full shares; of
.
>
appreciation
*.
no: values
provision is made for their participation in
the reorganization*
&. Maine RR., as holder of the
first mortgage bonds
with unpaid interest
thereon (acquired as
guarantor of the principal:
and
interest thereon and
payment thereof
The
certificates. As provided in the scrip certificntes/'dividends on
such shares accrued prior to Nov. i, 1945 will be added to and treated
as a part of the proceeds of such
redemption.
"
Canada—Earnings Increase-
of
for
for
and no
share (without interest) of the redemption price
6C«
preferred stock represented by all outstanding
of
share
The equities of the holders
account and both' 'classes of
at
shares
a
"?Or 25%- of - available net Income,
6%
a
*'s
Total' conting. int.- debt and
requirements:
Common stock ; <$100
par)
/
:
...■. j
Total
redemption of the remaining
stock, it is announced that the
of
'
*
Contingent in
Sinking fund«
their pro rata
the
of
stockholders
on
Total.fixed iht.v
int.'.de'bfc
,
may,
will
7,
plan; approved
Sinking fund for
for
certificates for Fractions
irv*.
i
*
preferred stock, upon; surrender of said script certificates at the
agent
the
Jst. mtgo.
' •* *
,
'<•>
Johnsbury & Lake Champlain RR.—Reorganization
Issu-e—
]
Jan. 22,
on
The
.
Dec.
on
,
•
*
%
,''
,
■
has
.
1945.
year
scrip
earnings
of
the
Holders of outstanding scrip
6*&
...
value
Commission
Keith
F.
•Manufacturers Trust Co.
for the six months was ^57,000 higher than
period of 1944, while the market value of the company's
portfolio exceeded $30,000,000 as against a book value of $28,800,000,
-anrappreciation of. over $6,000,000 since Dec. -31, 1944.
!
Alter deducting outstanding debentures of $9,064,000 and preferred
shares of $10,000,000, the balance remaining as at Dec; 31, )ast. rorvesents an equity of over -$24 .per share for -the common' stock.—V.M62,
*•
Tor the
alphabetical
New' York,
!
.
interim statement covering the six months ended Dec. 31,
the first half year of tho fiscal year; corporation repcrti an
•market
.
near
I
with" the
previously affiliated Boston & Maine) ana
floating debt will be reduced from
47,026,424, all matured (exclusive
of unpaid interest to
July 1, 1945, in the aqiount of
$3,268,607) t<5
$1,300,000, and fixed interest charges will be
reduced from $123,475
to
$16,000.
The approved capitalization and annual
requirement.^
are as follows:
>7 >.
y-' >,
<
•.
s'.ii*
-
nn
increase' in
as
-a
accounts
open
alphabetical
excct
:
on
Dec. 28 approved the
merger of this
American Rolling Mill Co., effective as. of company
the closA
into the
Under
olwaya
the rate of eight shares of common stock for
e«oh
preferred stock at/The,Chase National Bank of the Citv
agent, for that purpose. 11 Broad St., New York, N. .Y.
The 6^ preferred^ stock is /redeemable: bn Feb.
2, next,. at' $105; pep '
share and dividends amounting to $1.54
per share at the Manufacturers
Trust Co., transfer agent,. 55 Broad St.. .New York. N. Y.
share
,
-
to B.
with
connection
common
.
of
Power Corp. of
sell
close of business
company
f?;;r P./2828.-
will
outstanding shares of 6 ^
is inviting proposals for services in .obtaining ex¬
changes of shares of its presently outstanding 7'r and 6f?> preferred
•stock )of which 63,784% shares are now- Outstanding) for shares of
its cumulative preferred st-ock (of which 63,784 shares will be offered
Sn such exchange) and for the purchase of such of the 63,784 shares
of cumulative preferred stock as are not required to effect exchanges.
Proposals will be received by the company at Room 901, No. 50
-Broad fit,, New York 4, N. Y., ututo 12 Noon Jan. 15, 1946,—V. 162,
-
Exchange
holders of these shares
ICC.-pV. 159, p. 47.
Potomac Edison Co.—Invites Bids for Stock—
The
and
Securities
Conversion of Stocks
by the Maine Central RR. Co.
The issuance and sale has been approved by the
always
not
'
the-entire»mileage fonnerly owned by
Portland & Ogdensburg Ry. which was purchased by the Maine Central
"RR. Co. on Dec. .28, 1943, subject.-to lien of this first mortgage which
.
are
.
-in
is
J w-
•
o
see Ameriean Roiling MilJ Co. above.—V«.
$931,42$
■
J.-.
and
the
of
Corp., New York, the stock of RKO
Midwe,st Corp.,- RK;o ;Rhode
I>;land Oorp. Union Hill Corp],
RKO
Service Corp.-And .Palace Theatre A. D. Realty Co,v
■7'^/']//]]
/- In return,- B;.F, Keith will. issue to R.rK.rD.. additional shapes,
of 4te
common stock.*r*-V. 163, p. 110.'
•
! -"
1'
/
"
]
,
Maine- Central RR.-
trust
„
/"The. bonds are
.
will be
Maine Central
The
•
R.-K.-O.
v-The proceeds-of -the-* sale of these bonds' together with - other funds
;
companies
arrange,
it
reasons
;t /
Corp.—Merger Effective-^-:
The stockholders
with
exempted " from ' the
provisions of, the investment Company Act. the proposed sule by th^
corporation, of -all its. holdings of capital stock of five companies as
part of a corporate'simplification and refinancing program.
$1,600,000. first mortgage-4 ^ %-bonds, due Nov) 1,H953.
•
*
Co.—Call$ Preference Stock—
-V-M
Rustless Iron & Steel
,14,688
RadiorKetthr.ChT>heum Corp.—Stock Sale Exempted-^
■
.
;
to
mechanical
However,-they
position m* possible, v,
-& Peck! Eastmsn*; Dillon & Co. arid Whitirig ^Week$
Stubbs recently offered at 101 and interest to yield 4.35%
;
•
NOTE—For
■
Birred
Anemostat
v;
*
J-
.
;/;■■ 2,945
.
St.
V-
is also President of Claude; Neon > Lights Co.r Inc.; and
Greater New York Industries, Inc., and Chairman of the/board of the
••
121,111l:
$3,583,921
*154,067
-
for-redemption -on Feb. 15, next,- all of iti>
outstanding shares of $1.20 cumulative convertible
preference stock;
par 420, at par and accrued and
unpaid dividends amounting to 10
cents per-share. Payment will be made at The Bank of
the Man*'
hattan Company, New
York, N, Y.—V. 162, p. 3118.. '.'•••
v"-/.;.. /
11
$3,705,032
'
.-/".i
The company, has called
;
solidation
$159,'i59>
surplus^
-V. 162, p. 3199.
>
Br67,085
-
transferred
;. :tov earned
Co. of
^
inc.
Prll,537
*
Chairman of the board of directors of the William Penn Fire Insurance
t
,'i
Rooi Petroleum
$3,572,178
355,250
:
:
ord.. income-^.-.-.
"Net income.—^—
'
and' Lowell -M.
ord,
■
43,772,117-
Cf35;64I;
;
•
Extraord, income- <Cr)i.
Extraord. inck tDr)-c__,
.
President,
hic.-~non»cpmm.r.-.
c.
i^Ploriecr Equitable Insurance Co. of Indiana, Lebanon.
.r
'
-.4581,080
>
Gross ord.v Income_i
resumes
--r
Operating Incorae.^-^
-
•
company
I^tedemptior)^
v
redemption ott Feb. 1, next, $115;000
Heat & Power Co. first mortgage 4
1, 1047, at 100 and interest. Payment will be mad-e
Trust Co. of New York, corporate, trustee, 140 Broadb-
has
called
for
Joseph Railway, Light,
due
Dec.
ouarantv
162,^,2189.///
/; ;■
^■/
Monday, January 14, 1946
THE COMMERCIAL & FINANCIAL CHRONICLE 5
232
St. Louis-San Francisco
ry.
//''/'/i-'
From Jan. 1—
■
■
•
■
■
.
•
97,951,421
Net
ry.
—v.
in.
163, p.
1944
1943
1942
$446,313
$323,115
37,386
245,212
123,035
from
ry.
—V.
Bank
3.472,019
3,576,582
tion of
1,220,541
3,931,148
2,014,148
3,063.951
1,472,555
1,469,769
tion
income—
314,216,
366,830
974,871
1,044,414
holders and
v
■
/,
$ j"
^
p
^ •-"•o/.;.'.*;
'
40,898,974
51,685,959 552,358,067 576,654,603
41,019,035
35,827,978
expenses
Net rev. fr. ry. opers. i—-120,061
insur. taxes- !/
605,806
Fed. ' retirement
taxes-
407,012,928 383,143,061
193,511,542
15,757,981- 145,345,139
6,998,054 !. 6,954,408
i! 641,117
695,166
655,182
7,580,253
7,531,671
■
State,
county /and
taxes
city
•
v
,.
'
..
12,781.861
taxes !-!;_— Cr6,056,727
7,961,540
Cr5,191
11,744
1,830,926
22,169,944
21,052,064
74,754
824,211
/ 1,007,286
96,174,213
/ ; 116,688
50,046,306
1
taxes
r,
1,771,744
81,978
Equip, repts (net)-i
fit. facil. rents
cumulative preferred,
■,
r
:
.1,179,107. 14,044^269
1,668,497
-
^Federal
of New York has beei\ ap?
stock $50 par value
the City
of
''"'"'AjR
(net)—
Crl48,481
66,735
v.
1945
income—
24,906
oper.
and
common
A
stock.—V.
par
Net
ry,
162; p. 3199.
income.
oper.
Sinclair Oil Corp.—Underwriter—
131,231
;/;>;?• ;;!v.Vv^;
162, p. 2824.
no
the
Misc.
1,887,925
SEC.
&.Co., Inc., will underwrite the distribu¬
common stock recently placed in registra¬
offering is for the account of unnamed stock¬
represent new financing by the company.—V. 162,
will not
■
• ?;;;
fixed
Net' income
\
y
charges—
Total; conting:
The
of
S.
,
43,830,583
47.893,349
.8,896,886
.
3,828,009
9,408,515
.
52,727,469
57,301,864
40,325
552,458
593,545
1,994,333
22,297,022
:/;> i,08i
22,690,281
;29,876,907
34,005,593
/■
2,383,617
chg8.-r-
■■■.
/
12,445
P.
609,868
System
Transp.
4 464,382
.
3,046,575
—!->. £■&■■■
53,089
deductions
Total
that Blyth
100,000 shares of
the
with
3199.
p.
//
is understood
3,363,626
1,158,649
.
It
railway—
from
Net
National
-
Unemploy.
Mathesoh is
pointed registrar of the 43/4%
$288,186
oper.
Net
The Chase
Texas Ry.—Earnings
'
•
Railway oper. revenues.
tRailway oper.
•.Miso:
From Jan. 1—
Gross
^thousand cubic feet was not announced, it was
"other pipeline gas prices in the Panhandle field.
from 3J/2 to 5c.—V- 162. p. 3118.
^ y
range
Howard W.
railway——
ry.
i'V
price per
prices
72,848
19,658
from
Net
(Incl. Separately, Operated Solely Controlled Affiliated Cos.)
1
1945—Month—1944
1945—1,1 Mos.—1944
»
in line with
$268,066
railway.—railway
—
from
Net
'n
•
.
Shellmar Products Corp.—Registrar Appointed—
;
:;
November—•
Gross
'22,719,093
■
St. Louis-San Francisco &
,
retiring .as Vice-President in charge of
research of Shawinigan. Chemicals, Ltd., a wholly-owned subsidiary, be¬
cause of ill health, it was announced? on Jan. 8.—V. 162, p. 3118.. < ?'
27,375,990
20,577,468
•
Shawinigaii Water & Power Co.—Official Resigns—^
77,127,080
33,308,436
—
r
.
Period End. Nov. 30—
.
2,851,556
Dr.
from
Net
These
large holdings.
owns
the
be
Southern Pacific Co.—Earns, of Transportation System
within
are
concern
While
$9,245,135
2,396,965
1,389,366
104,012,342 106,451,455
railway—.—
27,171,519 33'594,200
oper. income
14,034,978 15,396,58railway
from
Gross
1,119,060
income—
oper.
leases
said to
1942
$8,453,935
3,380,147
Vi
1943
1
$9,982,266
3,374,693
1,739,774
railway..!..!. /! 2,175,977
from
Net
1944
$8,589,574
railway——
from
Gross
Net
rock
Ry.—Earnings— /J
1945
♦-November—
increased
be
The
feet daily. By terms pf the contract this amount isy
10 years to 60 million feet dally.;Vy
in Sherman and Moore counties where the Sham-1!
million
with 30
1
to
v
above—V. 162, p. 2189.
Power Co.
Joseph Light &
St.
Co.—Call—
/"' <•:
Light, Heat & Power
St. Joseph Ry.,
See
1,793,351
■
-
St. Louis Southwestern
revs.
oper.
Earnings—
1945—Month—1944
1945—11 Mos.—1944
$4,078,460 $6,341,636 $61,100,974 $66,227,699
2,613,003 ; 34,025,306
30,394,379
3,625,764
period End. Nov. 30—
Railway
Railway oper. exps
"Net
operations
Ad valorem
Federal
107,543
2,278,953
109,340
113,962
.
•'
,i •/.,
"
20,524,338
1,361,036
inc. 4/4 33,304
oper.
,
*$454,402
$1,284,543 $10,507,947 $13,318,195
162,096
...',1,737,774
1,022,443
40,260
Income
.
Other" deductions
Federal
'■!
293,088
3,324,324
37,963
$991,454
33,517
$7,183,623
434,624
? $578,535
$1,024,972
248,963
2,798,456
2,813,316
$776,009
$4,819,791
'
■
". j *44,335
174,805
.
'Net
.
net
Income—. /
loss.
121,190
>
179,922
.
4,316,940
/
f'---—"'
740,338 ;
>
Net
oper.
ry.
$7,388,623
V
income-
Non-operating
•
,
and
normal
Net
:
«kincome
Net income
?*$833,543
a
.
*peficit.^-V. 162, p. 2824.
,.
;
C
tAIter including
accelerated amortization
of
defense
(1> for maintenance of way-and structures amount¬
and' $5;493,954 in the 11 months ended
-
current year.
;
$ After deducting
;
102,295
due
680,113
to
(1)
y
Federal income and
accelerated
amortization
of
excess
profits-'tafr reductions
$6,900,174
in
Nov.,
company
earnedsurplus in 1945). of $1,600,636
$5,639,037! in the first 11 months of 4945;
- '
in
Nov.,
,
ASSETS—Cash
1
and
-
formation of the St.
Regis Sales Corp. as a wholly-owned subsidiary to handle sales of all
products manufactured by divisions of the company and United States
subsidiaries; including Taggart Corp. and Watab; Paper .Co,—V. 162,
and
on
hand,
$4,098,043;
and deferred charges, $165,610;
formulae, $947,965; total, $12,090,694.- > • "
1945 Sales Up 1.2%—
-1945—4 Wks.—1945
jj>
J
$
'
^
*
:'
1945—52 Wks.—1944
.
"* '
'
$
V
'
' vV
Sales59,406,623 ^ 53,886,565 664,623*382 656,624,966
■'
Stores
the four weeks' period ended Dec. 29,
against 2,464. iff the same period, in 1944.—
during
operation
in
1945, totaled 2,440,
V. 162,.p. 3118.
as
'
.
■'
:
retirement
A
this company,-
/./V/v!."/:!-
■
Retirement Plan—
Scott Paper Co.—Adopts
v
'
-5
plan for all of its employees has just been adopted by
according to/ah announcement by Raymond C. Mateer,
Vice President.
All
will
payments
be
with
Y.—V.
N.
'<
162, p. 2824.
*' * *
*.
u~*
'
.»
deposited
^
v
/&•:''{y, 'i J'
jr.'V'
v
-fV"
Seagrave Corp.—-Redeems Preferred Stock—
:
31, last, retired the outstanding 500 shares
stock at $104; plus dividends. The com¬
The corporation on Dec.
•
5%
of
preferred
cumulative
pany's capitalization now consists of the 122,556 outstanding shares of
possible
order.-
position
N.
an
affiliate, has
!:'.'•!//
"
special stockholders' meeting has been called for Jan. 16 to vote
on a plan
to dispose of the accumulated dividend arrears of $48.12'/2
a
share on the outstanding 10,238 shares of 7% cumulative preferred ?
stock, par value $50.
,
»
The
plan involves an issue of. $2.50 cumulative convertible prior
preferred stock and an increase in the number of common shares.
Upon adoption of the plan there will be offered to holders of old
preferred stock the right to exchange each share of their stock, with $
accumulated dividend rights, for one share of the proposed prior pre¬
ferred stock plus 10 shares of common stock.
>
,»
The prior preferred will have priority as to dividends over the exist-!
ing preferred and common stocks. While the prior preferred has no
par value it will be entitled to $55 a shore on redemption. Holders will
convert
to
into,common
stock.
The
conversion
rate
begins with ten shares of common for each share of new prior preferred*
for the two-year period ending Dec. 31, 1947, and is
gradually reduced!
five, shares by Dec. 31,
to
To
meet
conversion
stock
In
as
1953.
s
\
the requirements of the exchange under the plan and any
into common stock it is proposed to increase the common
additional 300,000 shares.
by an
Finance
mechanical
reasons
<•
Spencer Kellogg & Sons, Inc.—Renegotiation—
The
of
Aug.
to ihe
10,238
there
1945,
31,
Approval of the Reconstruction
give effect to the plan. ■
shares of $3.50 preferred stock outstanding?
were
outstanding 1,273,141 shares of
StOCk.
mon
Profit after
Provision
I.
•
RESULTS FOR
>
-
•
accrued
taxes..
/'■«
1945
$461,353?!
184,541?
*
,
com¬
V;;
EIGHT MONTHS ENDED AUGUST 31,
depreciation, but before taxes.....
for
Net
52.
.
v.
.
Shamrock Oil & Gas
Officials
ferred
Both
will
be
of
57,000
Panhandle
this
acres
Eastern
sweet
V;
subject to renegotiation..!..
profit,
162, p.
gas
delivered
$276 812
Corp.—Transfers Oil Leases—.
.
to
a
sour
gas—the
Panhandle
.
sour
Eastern
gas
after desulphurizaticn—
line
$35,492
that
reports
after
renegotiation
credits
tax
and
for
of
contracts
the
fiscal
for
the
ended
year
2, 1944, a refund of $35,000 was required.
For the 1943 year
profits were reduced $25,492, to a total of $1,458,653, and for the
bringing net income to $2,108,324.—V. 161, p. 1470.
Spicer Manufacturing Corp.—Sales, etc.—
:
'
-
/
Net sales of the corporation and its subsidiaries amounted to $7,811,•
for the three months ended Nov. 30, 1945, according to a report
filed with the SEC.
Sales under war contracts for the period totaled
$550,500.
Unfilled war contracts totaled $140,000 on Nov. 30, compared
with $2,264,900 at the beginning of the period.—V. 162, p. 3120.
y
%
Corp.—Terminates Revolving Credit—
.Spiegel, Inc.—December Sales—
total of
Period Ended Dec". 31, 1945—
net sales——
announced
recently
company
of John
and
Seal
F.
the
election
.
No
Spokane Gas & Fuel Co.- -Simplification Plan Effec~
C. Francis Beatty.
fairly
Seal,
the
also
announced
that On
Jan.
c
v
1
-\i''
■>
y
terminal
starting
June
claims
output of this company for the week ended Jan.
2,058,000
kwh.,
as, compared
with 2,090,000 kwh.
totaled
corresponding week last y®ar, a
Electric
output of
\
decrease'of 1.5
•
29, 1945
compared with 2,085,000 kwh. for the cor¬
this company for the week ended Dec.
2,103.000 kwh.,
totaled
as
the
secuiity
of the U. S.
Washington, Northern Divi<*
Holders
the
of
holders
the
preferred
stock
the
of
company
have
in accordance with the-provisions of the plait.
bonds
the
of
are
notified
to
present
their
bonds,
accdm-
b panied (in the case of coupon bonds) by the coupons maturing Feb. i
jand-Aug. 1, 1944, and accompanied in all-cases by ownership certifi¬
cates as required by law, as promptly as possible to Central Hanover
and\.Trust Co., trustee,-70 Broadway,-New York/
N. Y.,-accom¬
by an appropriate letter of transmittal sighed by them. The
has deposited with the trustee iunds sufficient to pay ac?
/ crued and unpaid interest from Aug.-1, 1943 to Aug. 1, 1945 on the
bonds at the rate of 3% per annum in accordance with the plan; and
: T; .the
trustee will, against payment of such interest, detach from coupon
panied
5, 1946,
for the
Electric
of
/ ceased and determined
Bank
Co.-^Weekly Output—
District of
held $524,100 aggregate principal amount of first and remortgage 5% 35-year sinking fund Gold Bonds of the comr
have been modified as provided in the plan, and all rights and
pany
New York,
f\:' i1
Eastern
publicly
'
Southern Colorado Power.
the
S funding
Southern Advance Bag & Paper Co., Inc.—Tr.' Agt.—r
N. Y„ has been
appointed transfer agent for 224,674 shares of $1 par common stock;
—V. 162, p. 3119.
•
■
■
.
distributing voting power among
has become effective by order
company
for
sion, dated Dec. 18, 1945.
..
Pursuant to said order, all rights and claims of the holders of the
1;
,
Manhattan 'Company,
equitably
the
of
District Court
Central marketing
The Bank of the
and
holders
1946,; the "Eastern;
divisions would be combined and placed under
direction of Walter L. Faust, Vice-President.—V, 1§2, p. 3200.
The" company
and
The plan for simplification of; corporate - structure for the purpose" of
;: •
who has been Assistant Treasurer since 1931, became
succeeding-Arthur T: Roberts, who retired on Deo, 31.
Mr.
Beatty, until recently President of the Socony Paint Products
Co,, will be active in the marketing operations of the company.
Mr.
comparison with 4944 sales is available bacause only mail ordeir
reported in that year.—'V. 162* p. 3120.
sales were
of;
board
the
12 Mos.
$8,993,167 $70,756,389
These figures include mail order and retail sales of the corporation
?and its subsidiaries.
/
;
!
4
j
;
remaining $5,*
to
Month
Consolidated
000,000 was terminated,—V. 161, p. 2793.
company
bonds and
cancel the Feb. 1 and Aug. 1, 1944 "coupons, and will attach
/.to each coupon bond so presented a sheet of coupons representing in¬
terest from Aug. 1, 1945 to the extended maturity date of the bonds;
Z: and to each bond so presented an • appropriate legend modifying and
■
responding week In 4944, an increase of
'
U
0.9%;—V. 163, p; 112*\■?•■■■
^
^
ft
1
v
Southern Natural Gas Co^—Declaration
/
' '
f
Effective—1
;
declaration
filed by the company, Southern Production Co., Inc., of Alabama, a
subsidiary, and Southern Production Co., Inc., of Delaware, also a
.subsidiary, relating to the proposals of Delaware (1) to issue and sell
to Southern 1,000 shares of common stock at par ($1) 1: (2) to acquire
The
from
the
SEC
Southern
assets
time
on
and
Dec.
all
the
assume
sell
to
Southern
on
or
before
permitted
29
common
all
stock
become
of
effective
Alabama;
(3)
the liabilities of Alabama,
additional
March
to
31,
shares
1947,
in
of
common
such
to
and
stock
amounts
a
acquire all
to issue
(not in
time
opment of and exploration for gas reserves,
outstanding 2V2 %
serial notes
Spokane Portland & Seattle
of
and for the repayment of
owned by Southern; the
proposals of Southern to acquire the shares of common stock of Dela¬
and to donate all the common stock of Alabama to Delaware; and
ware
proposals of Alabama to sell its assets to Delaware and to repay
its outstanding 2V2% serial notes owned ty Southern.—V. 162, p. 2520.
the
amending the bond in accordance with the provisions of the plan the
principal provisions of which cover the extension of the maturity of the
bonds to Aug. 1, 1974, the reduction of the rate of interest thereon
from 5%
per annum to 3% per annum from and after Aug. 1, 1943^
and the reduction c-f the redemption price of the-Jbonds to the prin^
cipal amount thereof together with accrued interest thereon to the
date fixed for redemption.—V. 162, p.4555.
rv
to
excess
aggregate of 1,499,000 shares) and at such prices (not less than
$1 per share) as will produce a total of not less than $999,000 and not'
in excess of $2,099,000, the proceeds of such sales to be used for devel¬
Alabama's
j
(4)
from
an
...
corporation recently said the company, had trans¬
of Texas Panhandle gas leases to the reserves pf
Pipe Line Co.
'y'\
::'v
and
of
1944 year $52,500,
corporation reports that
a
and
—V.
corporation
/fiscal year ended Aug. 28, 1943, resulted in a. recovery by the Govern*/
not always
is
it
portions of the original credit and on Dec. 26 the last
be necessary to
will
Corp.
addition
stock certificates.
share/of preferred; stock for (011%
at the close of business on Jan. 28.
—V. 162, p. 2024.
.
right
presentation and surrender of said
shares of common stock will expire
Treasurer,
Segal Lock & Hardware Co., Inc.—To Refinance—
the
Y., upon
The privtiegC; of exchanging/each
.
during the fiscal year ended July 31,
$30,000,000 was borrowed under its revolving credit
agreement with 19 banks, dated April 1, 1945, for $50,000,000.
The
company
repaid $5,000,000 on Aug. 11, $10,000,000 on Sept. 6, $5,000.000 on Sept. 19, $5,000,000 on Oct. 10 and the remaining $5,000,000
on Nov.
20.
From time to time after July 31 the company terminated
A
have
the outstanding shares of $2.25 cumulative convertible pre*stock, par $50 each, have been called lor redemption on Jan. 28,
1946, at par and dividends amounting to 55 cents per share. Immediate
payment will be made at the Chemical Bank & Trust Co., New York,
,
(A. O.) Smith
The
1945,
directors
.
y'-
of
ferred
Socony-Vacuum Oil Co., Inc.—New pirectors, etc.—
Henry Rose,. President of the Henry Rose Stores,
elected a Vice-President.—V. 162, p. 3199.
■<•...
!;/'■ All
10-year
to arrange companies in exact alphabetical
However, they are always as neaf alphabetical
as possible.
•
The
been
••'.
/
;
■
Sept.
Sears, Roebuck & Co.—New Vice President—
<•
to
issues
(A. G.) Spaldingr & Bros., Inc—Calls Pfd. Stock—
net
.stock,—V, 162, p. 2190.
$5 par common
available
made
both
standing at Dec. 31, 4945.—V, 163, p.-112. v
.
the
with
.
.<
£320,798,998 $344,002,09j$
bad reduced Its development Pnd
6V2S to $16,679,000, according to
the
NYSE! The reduction from the
the SVaS, $770,000.
repurchased by the road have been cancelled.
This company also reported it had repurchased 14.517 of its Mobile &
Ohio 4% stock trust certificates, reducing to 34,218 the number out1-
$175,000;
ftOTE-—For
include its subsidiaries, Coos Bay Pulp Corp., with plants
plants
by
500
Ore., and Anacortes, Wash., and Marinette Paper Co.,
at Marinette, Wis., and Fort Edward and Glanns Palls,
Empire,
at
:
j
1944
reported for the 6s was $545,000 and for
of
ment
trustee, Guaranty Trust Co. of New York.
It is the intention of the board of directors that the retirement plan
6hall shortly
total
Bonds
benefit.
continuous service, at a reduced
to the retirement fund
years of
'
$462,430;
(current),
1944
Dec. 31, 1945,
$11,078,000 and its
to
6s
information
last
the
bears
company
•general
....
'
1945
$5,523,298 $7,507,69$
This company
for re-'
prepaid
trade-marks and
goodwill,
Jan. 4 to Pec. 31
1945
10 Days pnd. Dec. 31
.
earnings
Indebtedness Reduced—"
S.
payable^—trade and other, $426,420; divi¬
serial debentures, 2% due Nov. 1,
Federal income and; excess profits taxes
payable, $602,109; Federal income and excess profits taxes accrued,
$456,784; foreign income and excess profits taxes, $3,115; other taxes
and expenses, $649,478; coupon book and inspection contract liability,
$176,382; 10-year serial debentures, issue of 1940, $867,000; reserve
for redemption of preferred stock, $100; reserve for branch office fire
insurance, $50,168; reserve for unrealized losses-on foreign exchange,
$68,541;
capital stock
(322,569 shares
no
par),! $484,991;
capital
surplus,
$583,250;
earned surplus; $3,384,927;
tptal, $12,090,694.--«
V. 161, p. 2227.
payable,
1945
entire cost of the plan for employees with
•incomes uo to $5,000 a year. An employee contribution of 4% is re¬
quired only on that portion of earnings which exceed $5,000 a year.
The plan is retroactive to Jan. 1, 1945, and present employees will
receive credit for past servicb up to 15 years, Military leaves of ab¬
sence count as service, for the purpose of the plan.
The retirement age is 65. Employees may retire at age 55, after 20
The
j
Treasury
S.
LIABILITIES—Accounts
dends
'->
11 $
U.
profits tax refund bonds, $137,327; Dominion of Canada and
British war bonds, $85,458; accounts and notes receivable—trade (after
reserve for doubtful accounts of $86,903), $1,481,029; accounts receivable
—other
(less
reserve),
$5,938;
inventories,
$2,923,512; nop-current
receivables
and investments,
$54,258; plant and equipment—at cost
(after
reserve
for
depreciation
of
$3,942,908), $1,947,602;
patents
expenses
,
1945
SEPT. 30,
Subject, to amortization;- $6,970; cash deposited - with trustee
demption of Corona Typewriter Co; preferred stoqk, $111;
.
.«
Southern Ry.—Earnings—
excess
•
>
banks
in
!
**Representing dividends received from solely controlled affiliated
companies Included in net income of S. P. Transportation System but
charged against income by paying companies.—V. 163, p. 112.
Period—
bonds (market or redeemable value $242,246), $236,850; U.
war
and
,
not
Gross
will operate for Time, Inc., its
groundwood
coating and use 1n* magazine production.
The St. Regis Paper Co.
has announced the
Period End, Dec. 29—
$0.76
,
1945,
;
.^Excluding Sr P. RR. Co. of Mexico.
"
KRepresenttng Interest on certain bonds Pf solely controlled affili¬
ated companies not credited to Income of S. P. Transportation System.
/
for
Safeway Stores, Inc.—
——
''
CONSOLIDATED BALANCE SHEET,
>■■■
^
161,283
$0.10
and administrative expense.
Minn. Most of the
to newsprint and
specialties, but it-can also make other .grades, of paper
p. 2686.
per,
and
1945,
$20,822,075 in the 11 months ended Nov. 30, 1945* and (21) redemptions
Pacific RR. Co. first refunding mortgage bonds (premium
$216,502
$33,318
stockcommon^ khare——
common,
to
of
of Southern
.
() Sales include service sales and rentals of typewriters and other
equipment, part of the costs of which is included in selling; general!
'
announced that this
is
It
;
38,47p,155
Nov. 30,
1945; and (2) for maintenance of equipment amounting
$6,246,600 in Nov.; 1945, and $19,197,710 in the first 11 months
NOTE—(1) Net Income includes. $648 In .1945 and $2,803 in 1944
representing net income of the English subsidiary- compaoy and $509
in 1945 an4 $9,731 • in 1944 representing net los? Of the Canadian
subsidiary company (.translated at official jates).
$7,618,247 $10,201,939
recently acquired Hennepin Paper Co. of Little Falls,
capacity of 15,000 tons a year has devoted
mill's
•*W
•
2,094,463.» 33,023,40?
the
•
33,618
-
Cr23,898
652.
—
declared ort
"Co.-^peratingContract--
Re?is Paper
'V -V z
ing to $1,891,423 in Nov., 1945,
25,754
43,246
surtax
income
Dividend
Earnings
Gross
from
Deductions
,
!2|4H420
1,979,143
134.000.
v
4 *-$616,498
income.
-
1,953,560
/
;charged
$9,851,511
350,428
...
Consol;
;
v,i;,y'V.i
$1,062,527
$84,390
" 31,072
excess
profits ,tgXw!-!——
Foreign income and excess profits taxes———
3,466,684
255,008
income
operating
cos;
(Cr)__
),
$1,036,774
!-
v
Total income 1——
Federal,
Total ry. oper.
Deductions from railway
.
$63,397
20,993
operations
.
$1,253,436 $10,138,701 $13,009,887
308,308
4 31,107
369,246 4
Railway oper. incomeOther railway
"
$2,863,873
profit from
Dthbr!fncomb
,
'$487,706
.tiConsol., adjust.
1944 ^
$4,826,573
■;?.•. 2,836,040
915,323
38,437
1945
sales
Net
4
/
controld. jp.ffil.
,
,
t
SNet income of solely
facilities charged
938,059
973,436
14,674,687
1,288,843
82,281
:/:4 723,519
Income
Federal
Other
•i
?
———
.
of sales--:.--!—!.!--—
8elling, general and administrative expanses-Prov. for depreciation and amortization
—-
$3,728,633 $27,075,668 $35,833,320
$452,696
——-
Railway tax accruals:
'
Cost
from railway
rev.
f
l^ept.,30—
4'j
\
■.
Inc. (& Subs.)—
& Corona Typewriters,
,
3 Months Ended
;
Net
C.j Smith
(L.
Ry.—Earnings-
Earnings
1945
November-
1944
.
1943
;
1942
•'
railway-
$1 ,454,593
$2,192,635
$2,044,456
$2,073,945
from .railway-',---.-
*37,755
798,353
698,719
1,194,717
income—
668,356
422,526
147,589
894,041
,564,041
23,764,203
Net
from railway.;
.459,326
—
140,379
ry. oper. income—.
Deficit.—V. 162, p. 2862.
'•7,654.293
Net
>
Gross
Net
from
Net-ry.
•
*
oper,
From Jan. 1—
Gross
*
from
r
c
1
railway.—;-.
3,770,775
21,775,026
10,130,128
4,918,820
17,979,56$
9,127,405
•
6,503,665
.Volume
(K. R.)
;
The
-
THE COMMERCIAL & FINANCIAL CHRONICLE
Squibb & Sons—Listing of Common Stock—
New
1,514,694
Number 445S
163
'York
shares
Stock
of
Exchange
has
stock
common
(par
$1)
'
standing immediately
upon
the change
•■'issued and outstanding 504,898 shares of
.
'
three
shares of
stock
common
(pat $1).
the
be
to
each
of
stockholders at
increase
in
the
v,
After
the
no
shares
stock
common
outstanding.
exchange
there
'
butstanding.
;'-• '
ended
the
to
to
July
31,
company
.
.
'
,
ties
1942 and 1943, whereby
and its subsidiaries had
belts
completed for the years
has been determined that
it
not
1
While
years.
the
of
\
borrowed
company
hattan
shares
Co.,
In
payable
Incorporation
filed
was
a
162, P. "3200.
of
$150,000 will be due.
Standard Gas
v;
& Electric Co.—Loan
Hearing—
.
The
:
company's proposal
to
borrow
$51,000,000 from
11
banks
to apply the net proceeds
together with treasury funds to the
redemption of its outstanding $58,600,000 notes and debentures will
be considered by the SEC on Jan. 18.—V.
163, p.';112i'■•;'•'■
.
and
j
.
r
,
thorized
■
Trans-Arabian
Pipeline
Co.,
outstanding, and
issued by the company.
a
Co., which in turn is owned
California and the Texas Co.. has been
granted a concession to build
;1.000-mile .oil pipeline across Palestine from Saudi Arabia
50
cents),
of
226,762
which
of
additional
an
shares
203,600
13,000 shares
"y'"
\
UNDERWRITERS—Hill,
-agreement
subsidiary of American Arabian
Jointly by the Standard Oil Co. of
Oil
.
(par
consists
-
1
-
•
offered
..
purchase
to
at
price
a
Thompson & Co., Inc.,
from
of $20
the
share.—V.
per
163,
shares
that
112;
p.
V.
facture
,
to
terranean port, an Associated Press dispatch says.
,v
,
The concession, granted by Lt. Gen. Sir Alan
Cunningham,
High Commissioner, provides that the
pipeline company shall
;
a
ping dues of two pence (abcut
of the port and five cents for
,t
;
'
■
.
v
'?•'.
'
The-contract
was
3J/a
per ton
of oil
an
loaded outside
1486.
to
550 cumulative
share plus dividends from Jan.
the right
"1
[
Lhalf
a
,
American
all
Holders of
•••
ninths
is
;
of
be
to
share of common will be entitled to subscribe to twoof this preferred. The record date for
the offering
one
after
earlier
no
the date
*
than
the effective date of the
registration state-.*
The right to subscribe is to
expire 15 days •
mailing subscription rights to stockholders.—V.
163, i
of
> U2'
^
The
-
Jan.
on
7
announced
its
Heater,"
were
r
'••
«
;
for
*
passenger
converted
heaters
and
to
-
war
aircraft,
marine
and
ledemption
amounting
to
$43.82
'
the
first
Dec.
on
Plans
and
TACA
26
,
General
Fed.
by
the
per
at $105 per share and dividends
Payment will be made at the Girard
share.
396.
p.
1 ;■■■
taxes* on
Utility
The Manufacturers Trust
Co., New York,
for
the
15-year 5%
debentures
V, 162, p. 3237.
Sullivan Machinery
The
the
due
1960.
p.
Directors, etc.—
At
and
Kernell
the corporation's, fine-chemicals
division,
be organized under the
following four main
;
-
'
Divi-
commercial
divisions:
activities
*
;s
.
-
.f
■■
.
exhaust
'
*■
$1,185*325 ■
of
sum
will
produces
in
its
shareholders'
exchange
formerly
for each
held.
Inc.I
Carl
number"
5;006'
Marks &
Co._
5;000'
3^000'
5,000'
Co.
&
Pierce, Fen-
7.500
Meynard H« Murch & Co._
3,000"
Newhard, Cook & Co
3,000''
'
<fe
ner
S.
Beane
Stroud fr.
Union.
2,500
3,000
G.
3.000
White,
3.000
The
7,500
Dean
Co
.
&
Moseley .&
5,000
&
Hen-man & Co.„„_,j
Illinois Co
7,500*
Turfcen
Co.._r
3,000''
Co.__
6,000
Pacific Northwest Co._
&
Hentz
Robinson
E.
H.
2,500*'
Humphrey Co.^__
Rollins
Sons
&
Co.
&
Co..
2,500"
Inc.
Inc.—
4:000
<—
Securities
Corp._^__
Walker
H.
7,800'
3,000*'
^
Co.—j
Weinress
&
&
10*500"
5,000
Co.—,
Weld
&
Wisconsin
Witter
2,500'
Co.—; 6,000'
Co.——
&
4.000
Co.——6,000
COMPARATIVE INCOME STATEMENT
Gross
sales,
counts, etc.
9 Mos. End.
Sept. 30,'45
■
-i-
*
less
sold-
Gross income-
Total
,383
'
*
■
1942-
w,.-.
4,699;20G
1,178,48:9
\ ; *; 3,053
$1,174,375
112,279
$1,201,859
63,600
107.227
$1,237,976
$1,309,087
?o::
$1,516,973
'429
33.904
1,282
$1,483,069
$1,236,693
:
209,000:
i.--:
p.
6,060,343
1,393,441
$1,125,281
..
■
$7,082-d0I
$8,635,897
7,737
$1,404,694-
81,596 ;
si, 125,710
deductions
■
■
1943
,'
101
-
$1,044,114
.
ii—
income
•
,1944
$10,615,3424,670,436
7,596,564
1,114.087 ^ 1,613,980
.
—
^—Calendar Years-
■
$6,821,021
.:
gen.
Other,; Income
*
dis/
Cost of goods
Income
162,
M.
F.
Expand—
above.—V.
&
_—L—
McDonald
161, p. 247.
Angeles Shipbuilding & Dry Dock Corp.
Rhoades
Merrill Lynch,
Collins & Co.—. 3.000
& Co.,4.^*;-^:- 2,500
to
not
Loeb,
Mason-Hagan, Inc.
:
Republic Co.u,„_X—
account
for
M.
3,000
'_•!
$1,288,052
prices
at
Sh&res;
■..
Co.
.
11,000
& adm. exps.
Prov. for doubtful accts.
purchased
'
.
Co._
1
-56,802::
70 Broadway,
1946 ^receive bids for^
maturing 1951 to an
$54,040
be
reclassified
be
to
(par $5)
6,000
trustee,
Jan., 28,
bonds
gold
bonds
distributed
10,500
&
$1,344,854
38,967-^
$115,462
the
The
aj
Articles4'of'
Its
would
Schwabacher
;
Co.,
amend
shares
.
Co—v^ai; 3,000
3,791
-
$1,244,293
23,351
Shipbuilding
Co,—Dissolution Approved----
paid
Jan.
15
-
a
511,000!
284,752
•
8,600'
$1,300,487
276,158
'c
285,210
*
445,297
'
612,655
441,715
:
-
,
stockholders
to
of
record
Jan.
8.
favor of
a
the
174,416
232,648
233,168
234,720.'
.
3239.
company advises, the New York Stock Exchange with .reference
the plan of
recapitalization, that the period of accentance of the
exchange offer dated Sept. 5, 1945 has been extended to and in¬
cluding Jan. 31, 1946.
Holders
of
the old $100 pat
7%
stock
deposit their shares
preferred stock
share
on
the
basis
of
of
7% preferred and
'vdends thereon.
•
-
Federal
preferred^
in
exchange
three
$49
for
shares
share
a
of
of
the
5%
$50
par
fpr e«irh
accumulated dlvi-
unpaid
P
;
.
new
preferred
„
.
The exchange
offer; was- made * initially on Sept.
away dividend accumulations on the 7%
shares, ,.
It is understood that more than
25,000 of the
preferred stock have been deposited for
:
construction
may
t
*--.
,
S, 1945, to clear
•.
>•
30,000 shared of
exchange.—V. 162, p. 3i2l.
of
office
home
new
p.
$569,970
to
Subsequent
.
the. contract for
$518,819-
Twin City Rapid Transit Co.—Time Extended—
Turner Construction Co. of N. Y.—New Contract—
awarded
$585,661
The
share
Transmission Ry. & Gas Co^—^New
This company has been
S405 281
.
.'• —V. 162,
_
*
•
income.
than the
liquidation dividend of $45
Control—Sells $300,000 Bonds Privately—See
Light & Traction Co. above—V. 154, p. 1059.
will
building for the John Hancock Mutual Life
Union Colliery Co.—Bank Loan
Insurance
Co., in Boston, Mass.
This project will
cost. $15,000,000
The SEC on Jan. 2
approved the proposed issuance and delivery'by'
and
is the
largest peacetime contract ever obtained by this film.
(V the company of certain
promissory notes to the First National Bank in
The 26-story structure will have about 625,000 square feet of
working;? ; St. Louis in the
aggregate amount of $1,000,000 to evidence a bank i?
floor space and will be 417 feet tall,
dominating the Boston skyline.
Vloan; such notes to mature in instalments from Dec.
—V. 162, p. 3239.
31, 1947, to DCct
31, 1951, and to bear interest at the rate of 2%
per annum; and suChloan to provide funds
which, together with cash of company, is to en«*
Union Asbestos &
Approved—
•
'
:
•
<
a
and
Its
to
interest.
Trinidad Electric
General
,
HISTORY—Company
■
6,367
•
;
$138,813
on
of
Byllesby
M.
H.
$1,341,063
$1,237,925
511
Trust
30;
common
*
to
Hemphill,. Noyes & Co.„.l
,
,
staple 5 line
of
price spun rayon, worsted, woolen and wool
blend
fabrics,
in its Jacquard Division also
fancy rayon and some s'lk fabrics,
"Suskana". fabrics are well known and
have a broad distribution
the garment industries.
^■■
medium
i
--
liquidating dividends will be ma de whenever possible; officials stated.
—V. 162. p. 3239.
Vf'r;
'*)< - *'
.q
i: ■
rs\W
* "fa,'1 ^ <y<n,
1
s;,'' ■'*'1
^ ^r'
"H/
part
ther details follow:
r
as
Susquehanna Mills, Inc.— Stock
Offered—As men tioned in our issue of Jan,
7, Hill, Thompson & Co.,
Inc., on Jan. 4, made a public offering of
13,000 shares
of common stock (par 50
cents) at $22 per share. Fur-
i
5
special
be
will
'
:
AND
&
Nov.
out
Merrill,
Emanuel
1945—12 Mos.—1944
$138,302
mortgage
dissolution of the company.
The company announced that
Printing
Overseas.-rT-V. 162* p. 3120,
•'■'■■">
and
Bank
general
V
voted
Laurence
Johnston, Lemon & Co._^._
Kcbbon, .McCormick & Co.
Lee. Higgfnson
Corp
will, until noon
of
of
namely,
outstanding
Co..
•
3,000
Farwell, Chapman & Co,3.000
Harris, Hall & Co. (Inc.)
5.000
■
meeting of stockholders held on Jan. 4; more
required two-thirdsof, the outstanding stock was voted in
Presidents;;"With'-the recently acquired Warwick Chemical
manufacturer of industrial chemicals, becoming an integral
Ink,, A, C.v Horn, Fine;Chemicals
Co.,
&
Co.,
The
Hanover
it
securities,
7,500
687,870
$78,775
railroad
Co.2,500
Central
2399.
Horn, former President
BUSINESS
H.
Julien
7,400
...
in
manu-'
insulation,
3,000
447,500.
'•!
to
Inc
Slocumb &
Brush,
.
&
Blair
Blyth. &
be
will
Becker
William
:
flights
G.
502,500-
"
of
were
(par $10)
7,500
933.600
sinking fund.—V.
See Los
.
■'
A.
Bogota; Colombia,
Regular
C.
Allyn & Co.,
Whipple & Co.^_j
Bear, Stearns & Co.
landing rights in
regular flights between
53,333
3,199
reached
3239.
'
:
A.
Bacon,
Henry
$81,975 v
of
stock
stock
Kuhn* Loeb & Co._l_-__._ 2i,384
;
;
of the A. C. Horn Co., manufacturers
and. varnishes, has -been elected a director
of
the Sun
Corp., a consolidation of General
Printing Ink Corp., the
f. A. C; Horn Co, and the Warwick Chemical Co.
The Sun Chemical
Corp. announced also the appointment of John F.
Devine as President of its General
Printing Ink division and the ap¬
pointments of Frederick H. Farnsworth and Harold A.
:
establish
to
608,577
.i
been
Shares
-
473,007
.
anticipated
be
STRUCTURE—As
shares
Elworthy
'„ 1
not
continue
to
line
same
muss
common
common
511,673
•»
1S45
sub¬
was
presently issued and outstandiftgi;
changes in the capitalization of tho"
have
the
667,422
$81,604
■'
370
is
will
years
intends
shares.
foregoing
there
offering,
paints
'.of
that
share share of
Net
Vice
the;
shares of
3,846,555
Todd Shipyards Corp.—Unit to
Manufacturing Co. above.—V. 162,
of
is
41,230
^
sufficient
105
effect
new
64,332
.
it
years
the 59,422
316,607
;
war
and
war
shareholders
56,359
-117,000
L.* '
N^. Y.,
to
one
70,000
289,016
(net).L-
Central
York,
of
the
$7,330,367
3,772,348
■
sale
of the
appointed
For
Chemical
.
order
162, p. 3121,
New
issue
1945,
$7,699,677
40,833
the
59,422
$621,206
r
were*'
'
CAPITAL
which
r
Tennessee Coal, Iron & RR. Co.^—Tenders—
:
IN
had only
of
38,023
Oper. income—
Toledo
;
in
in
3238.
p.
Nov.
Sell.j
Co,—Proposed Consolidation—
Sun Chemical Corp.—New
Co..
162,
the
UNDERWRITERS—The names of the underwriters and the
pf shares which each has
agreed to .purchase are as follows
for
company.
$10)
$622,837
accrls._
income..?
Net
—V.
amount
see
j
same
CHANGES
company
company
one
.
establish
1945
products
'
«
deducts.—int...
exceed
N. Y„ has been
Trustee
sional
to
volume
the
V'
,
substantiaJy
other
eight
Janeiro.
State Department
country
ask
of
$7,210,000;
'
the
1945—Month—1944
____
'h*
Suburban Propane Gas Corp.—Trustee—
•
the
J
30—
Gross income.
Income
^
C,
■'
now
States, according to Brig.
Vice-President, TACA1 Airways
to
months
1944,
of
authorized
Tne
for
United
airline
are
income.^'
res.
,
iatheex tensive lihe is given a full
page„ true-te-life. photograph and
a complete
description,—V, 162, p. 2862.
-
A.
de
during
-
Other income
-
54-page manual, with a pressed-board cover, printed in four
glowing colors, simulates a record album. Each of the
19.$efe-models
of
Rio
•>
have
neighboring capitals by both : TACA de Vene-
taxes
Retirement
The
:
this
the
de Colombia.—V.
Operating revenues
Operations
Maintenance
company's radio sales division, in Introducing its 1946 line of
quality home radio receivers, ^.as announced the coasl-to-coast
mail¬
ing of sample copies of its new. dealer manual.
\
Havana "to
with
Executive
Venezuelan
States.
Period End. Nov.
The
See joy
in
and
Hardin,
filed
27
rights
Venezuela
t
■
and
Tampa Electric Co.—Earnings—
vehicle
Stromberg-Carlson Co., Rochester, N, Y,—Starts Campaign—
,
Central
he-will
post
Jan. 30, next,
on
Trust Co., Philadelphia, Pa..—V. 162,
,
is
made
zuela
preferred stock1 have been
.
Dec.
on
landing
p.
conducted' between"
1
other
All of the outstanding. 1,319 shares of 5%
called for
for
between
United
was
Strawbridge & Clothier, Phila.—Calls Preferred Stock
-
,
and
year
of: TACA's
new
Guaira) and Miami.
The first international flight between Caracas add
heating equipment, in 1942. Stewart-Warner was
reputedly the largest individual producer of
heating equipment for
military aircraft during the war,
building in excess of $50,000,000
of - military and other
heating equipment,—V. 162, p. 2520.
■.
his.
past
promotion, advertising and publicity
expanding Latin American network, which
Venezuela
Thomas
the
•
of
Manager
In
the
nine
.
Caracas-(La
cars,
production
General
for
landing
(par $10) to 500,000 shares (par* $5)'
issued shares (par $10) would be
exchanged for 475,376
shares
(par $5 each).
>
'
v
•••
A certificate of
amendment effecting the
changes in the articles1 of
incorporation was filed in the office of the
Secretary of State of
Illinois on Dec.: 4,
1945, as of which date there was transferred frdhr
earned surplus to
capital account of the companv the sum of
$1,782,660, thereby increasing the stated
capital from $594,220 to $2,376,880*.
the latter amount
being equivalent to the aggregate par value of- the
475,376
shares of common
stock
and
System.
first'
development,
the
"South
Wind
Deluxe
trucks or buses.. While i the division
,v produced
"South
Wind"
gasoline
burning car heaters
for
several
>
years prior to the war, all
engineering and manufacturing facilities
„•
de
route
a
This
corporation's. heater division
post-war automotive heater
;
and
been
sales
countries from Mexico
Washington
Gen.
vStewart-Warner Corp.—Develops Postwar Heater—
.
■:
rapidly
TACA
ment filed with the SEC.
;
Gallo has
first
$6,718,000;
$3,219,000.
business during
so
that
the
authorized
increased from 70,000 shares
and
^
Venezuelan Unit Seeks U. S. Landing Rights—,
share
a
traffic,
TACA's
of
Mr.
Caribbean; operations.
of
includes ten
(certificates.^:yA:iv
..
and
supervision
1946; to the date of delivery of stock
l,
Vice-president.
41 Vice-President
the
1943,
BUSINESS—Company
30,
incorporation
.Charles L. Gallo has been named; Vice-President: In
charge, of traffic
Airways System, according to Brig. Gen. Thomas O.. Hardin,
:
and
attained
sell
(par
On
Gold¬
for TACA
to subscribe
at $10 per
$8)
(par
—
TACA Airways, S. A.—Traffic V.-Pres. Named—
••Executive
-
the
stock
•
.
common stockholders
convertible preferred stock
Co.—Secondary:. Offering
and
efforts
1945,
V
oil loaded in the port. ;?
;p:'!
P
signed by William J. Lenahan for the
pipeline com*-'•
of. the .proposed .pipeline construction were given,
.The company will offer
Paper
volume
RECENT
.
p man, Sachs & Co;, on Jan, 3 made a secondary offering
of 25,0d0 shares of common stock
(par $10) at $40; per
v
share. Dealers discount 75c.—V. 162,
p/2520.
*
ship-
Sterling:'Engine •Co.—Stock Purchase Rights—
-
^
Sutherland
Palestine
pay
pany.^ .No details
Concern Formed to Develop Gilsonite Field.—
SeeBarber Asphalt Corp. above,—V.
1^3, p. 112.', "
...
.
cents)
•
-
.
a
steel
which constituted its principal business
and in. addition, from time to time through'
the company's research,
experimental, and development
personnel* to introduce-new products to Its present
types of customers
or
to totally new
types of customers.
the
total
Medi-;.-y
of
during the pre-war period*
•
y
the
specialties and
,
now
p.
manufacture
estimated),
foreseeable future.
POST-WAR
,
into
159,
the
are
stock
of
1944
follows:
as
months
company's volume of
stantially in excess of its pre-war*
au¬
'
1943,
years
nine
The
being
now
V
has entered
the
company
of
shares
are
/
r
,
t
The
stock
common
issued, and
/.Standard Oil Co. of California—Unit to Build
Pipeline from Saudi Arabia to Sea—
.
CAPITALIZATION—Capitalization
-
'•
the
approximately
(first
r\
-
PURPOSE—Proceeds of these notes, and of the common stock
presoffered have been or will be used in connection with the
purchase of additional equipment, and the acquisition of the
spinning
mill in Forsyth,
Ga., and for current working capital
purposes, In¬
cluding the repayment of Regulation V Loans. 4'
,
t
t
j
the
As of Nov. 30,
1945, the company had
hand amounting to approximately $720,000.
respect
for
,.;"
ently being
:.
on
to
cancelled war contracts the
company
has presented
claims
amounting to
approximately $87,000.
Of suchapproximately $59,000 have been setl.ed in full.
Company's
sales for war purposes
(including sales of its regular line of asbestos
products for? war purposes),, aiter deducting
renegotiation
refunds
interest
year excepting the last, when the balance
Dec.
on
over
webbing.
orders
war
termination
on
an
discontinued
company
cotton
claims
its serial notes $750,000 from the Bank of Man¬
rate of 3%, per annum*
These notes are
period of seven years, at the rate of $100,000 each
at
the
and
uncancelled
*
27 approved an /„•:;,
NOTES—Company in August, 1945 acquired the property, plant and
2,000,000 $1 par shares !"
permit a three-for-one %•: equipment of a spinning mill of Forsyth, Ga.; and in Nov., 1945, tire
common
1944
macs
earned
ended
years
the Navy. During 1943 and 1944 the company manufactured«
landing mats for the Army, cotton webbing for use as safdty
in airplanes,
and other miscellaneous war items.
At
the eftd
by
steel
'( '
,
excessive profits
July 31, 1944 and 1945
are still subject to
renegotiation, it is the opinion of the management,
based on
previous experience, that the effect, if any, of
renegotia¬
tion for periods not yet examined should not be material,
these
during
Vs
.
1
28.—V)
.
"
into !;v
,
•;•• ' '•■■■?:v-y.about 1,515,000
;/
:
be
will
The amendment to the certificate of
.
out^
par)
.
.,
RENEGOTIATION—Renegotiation has been
company's
(no
'
•
'shares;'* and voted
par
of
special meeting held on Dec.
authorized
from
1,000,000
,split-up of the
a
and
the
Split-Up of Shares Approved—\
The
.
listing
issued
of
stock
common
and consequently the company was faced with
only minor
problems.
'
"
.•
,V;"''
consumption
leconversion
authorized
233
Rubber
fered—A
Co.—Common
Stock
Of¬
able the company to obtain
rights to and
open
a
new
mine with mech
¬
anized equipment.
of 42 underwriters headed by Kuhn,
t
W:- V I.
•'
i Loeb & Co., on Jan. 7 offered to the. public 217,384 shares i'V
-'v.':'"
Company was incorporated in New York Feb.
21,
1941
and
on
Union Pacific RR.—New President Elected—
March 7, .1941 acquired the
The offer-t
weaving mill of Susquehanna Silk Mills? I of common stock (par $5) at $17,50 a share.
in Sunbury, Pa., and certain
ofits other assets.The retirement of William M.
; 3^
ing marks the initial opportunity for public participation ;!
r ?
:: '
Jeffers as
President of this mad,
^
In: addition to the-weaving mill at
effective Feb. 1, and the election of
Sunbury, Pa., operated by the I in the stock ownership of the
George F. Ashby, Executive Vicecompany, which since its
company, - its
wholly owned subsidiaries own and
President. to succeed him was announced recently.
operate
spinning
S
Y- '
mills acquired in 1941, 1943 and
iincorporation in Illinois in 1918, has been privately •"••• Mr." Jeffers, who became
1945, located at Randleman, N. C..
70 years old Jan.
in
group
-
.
,
■>■:■■■'>"vw;v H+Sr-fP-M
,
k
„
,
■
(
v-
-
>
•
Fhilmont
N.
posit'on.
From .its
Y., and Forsyth, Ga.
During the past 4'/2 years the
y. company has followed a consistent policy of modernizing and
improv;-j ing its properties, in order to maintain and improve its
;
j
,
f
its
basis-during
of
the
the
Taxes
$318,247
$168,000"
and
■
and
$616,218 ; t
-
'
>V
The
the
em- :
Bank
&
stock.—+V.
Trust
Co.
has
162,-p; 3239.
number
profit
of
shares
on
certain
sales
special
of
the.
subsidiaries
been
credits,
by
the
a
Net after
per
$127,143
20.000
been
;
appointed
^
,
r'rQ"\.r ; \
237,508
1.21
;
less
Federal
year,
company and
general character
2.93
(in¬
c
and
;
*'■
applicable
;.
its
subsid'arjes
as
for
civilian
sale
AND
19,
of
of
common
BUSINESS—Company
1918.
Business
distinct
two
Authoiized
v
consists
!
Outstanding
500,000 shs.
"475,376 shs.
stock
offered.
now
'
road
WAR
to
use
freight
in
cars
of
products.
One
the
manufacture, modernization
(principally refrigerator cars).
group
consists
;
low
;
freight
27
as
coast.
tariff,
cents
Typical
a
plans for inauguration of air*
Pacific
and
filed; with
pound
Coast
system,
•**-
•
,
the
CAB
Jan.
on
shows
4,
shipments of 3,000 pounds from
of the new tariffs are: 25 pounds
on
examples
New
York to the Pacific Coast, $8.78;
100 pounds, ®33.63t 25
pounds from Chicago to Los Angeles, $6.46;-for 100 pounds, $24.35.
The tariff is based on minimum shipments of 25 pounds.
v.
and
repair
of
the
line
.war
of
years
asbestos
the
company
Mr.
rail¬
continued
regular
customers.
Two of the
company's relatively new developments, "Insubestos Felt," a b'.anket-type
insulation, and "Unibestos," a molded
sectional pipe coverings were approved and
purchased in large quanti¬
products for
its
as
so
to
distance
t
give
the
lowest
hauls.
Graddick
possible
%'"■■£,
said
United
rates
to
volume
,
will
continue
to
shippeis
•
.
carry
foi
•
loti:^
.
air
express* on
: all
the Railway* Express
delivery system.
Air
freight will be designed for the heavv - package type of cargo, moving
on
less frequent schedules/ with optional pickup and delivery.
Through contract arrangements with motor carriers, pickup and'
planes, with the; Air Express division of
Agency
serving as a nationwide
pickup and
':p.;PypZr:.
.
standard
•
.
According to C. P. Graddick, the company's director of air
charges are graduated according to volume
and distance
shij^eer
of
'
its
to
5 annpunced
coast-to-coast
,
groups
BUSINESS--During
manufacture
as
coast
its
over
1.'
from
v
incorporated in Illinois
principally of the manufacture
was
including insulation materials, industrial packings and tex¬
tiles, in the manufacture of which asbestos is the basic raw material.
other
group
consists of, specialties generally
fabricated
from
f metal for
Feb.
Uniled's' air
rates
1
^
-
service
..'effective
The
tIncludes
taxes
1
par)
: The. corporation, on Jan!
freight
for
registrar
products
159 466 "0.78
50,000
klaich
on
Sh.?
$0.65
?;^L,^i,-?f597,237.'.,:
($5
'"Including 217,384 shares
"Earns.
-ft
Taxes
- v
stock
HISTORY
•
same
on
follows:
as
outstanding at .end of fiscal
of machinery, and
equipment,
-RECONVERSION—Production
was
its
have
gencies
800,000
.
purposes
Common
$23,104
340.727
CAPITALIZATION—
,
?.
,
Chemical
common
Pi-es-;
1937,—V. 162, p. 3239.
United Air Lines, Inc.—To Start
Freight Service—
stockholders.
f
1,300
ident of the Union Pacific
System since Oct.- 1,
having been purchased by the underwriters from present
its
1
567,000
of
and
*
years
t1'
513.193
net
additions,
Contin-
Earnings
thereto.
for^war
four
Federal1
854,508 >
$87,060
company
EARNINGS
8,523,206
on
the
approximately
company
past
11,69^143 tl,378',022
"Based
$19,214
have
9.189.087
1944_„
1 19451.1
cludes
Sales
$6,574,171
1943_—
property
subsidiaries
Net:
,
1942-w
1945
'
SALES AND
■
Year End.
July 31
31.
.
Net sales and earnings
consolidated
..
July
$876,975. for
and
,
"(1
to
repairs and maintenance.
The-company
ployees.
•
competitive
inception
.subsidiaries expended
for
None of the proceeds from the sale of this stock
wil revert jto the company, all of the shares being offered
;
has been
2,- 1946,
held.
/
.
«
delivery service will
or
be
provided,
at
the option
of
air freight
receivers, in the metropolitan areas of Boston, New
York,
shipptfr^*
Newark,
THE COMMERCIAL
& FINANCIAL
CHRONICLE
g
.,-■
;
,
234
land
revolutionary
A
Francisco.
San
and
moting
stainproof
2064 and 1213.
'
,
Walgreen Cot-—December Sales Rose
1945—Month—1944*
Period End. Dec. 31-—
Sales-
J
;; '
14, 1946
Monday, January
„,
and, in . plO u
'typ^.
production of non-automotive fibre board parts;
the (sales: thereof.
The company- also sold: various
materials in the same form in which
.
'■v.r;V- /n":?;'V " ,
The company owns certain
patents relating to its products a,na
the processes employed
in their manufacture,( and is - licensea Dy
others* to practice certain patented processes, some of which licen
■!
■
.,
consideration and none oi^wniw^v
of royalties.
,
r
.
WAR BUSINESS—Practically. all. of C the normal :' peacetime * b«sinesst :
'of the company came to an end early in 1942 when the manufacture
acquired for a lump' sum
provide for the current payment
;
were
1945—12 Mos.—1944
13,551,774 122,129,803
15,489,580
\i
14.3%—
\
fibre board and insulating
were purchased.
^
'
pp.
the
in
Inc.—Introduces New Product—
wall covering,;to be known as Varlon.i,
iS»;
-will be introduced sometime in July, 1946.
The new product will be
marketed by
Varlon, Inc., a division of United Wallpaper, Inc., It.,
was
announced on Jan. 7 by William H. Yates, President.—V,i 162, J;
United Wallpaper,
Cleveland, Chicago, Denver, Los Angeles, 0&k"
Such service will be, extended to Other;,
cities.
This will be separate from the air expres pickup* and delivery
system provided by Railway Express.
i
.
„.fV,
United's air freight tariff is based on airport-to-airport service with
pickup and delivery charges being additional.
These will be_ based
on
actual trucking costs to United, Mr. Graddick said, amounting to
35 cents per 100 pounds, for either pickup; or delivery.
Any shipper
or receiver can use his own facilities to deliver or pickup
air freight
shipments.—V. 162, p. 2688.
,
,
Detroit,
Philadelphia,
v
120;299,449
of automobiles, trucks,
trailers,; radios and refrigerators, except ior
—. 162,p/3240.?>: military use, was halted.
During the summer of 1941, the company
Vice'President-— r
/ *
had obtained
orders for metallic aircraft parts in connection wltn .,; v.
has been elected Vice-President.; Hegi;
Waukesha Motor' Co.—Earnings—
the National Defense
Program.
The parts were formed irom sheet . ;
was formerly connected with the Walgreen Drug Co. in Chicago, from
.
'i
Quarter. End. Oct. 31—
1945
1944
1943
1942
aluminum
through
various- press operations.
When this countrywhich he resigned as Vice-President and a director.
"Net profit
$148,692
$223,772
$224,388
$152,383 if: became actively Involved hi the war, the company was requested^
In his new position, Mr. Johnston will: supervise the operations of
to supply various airframe sub-assemblies to Government prime con$0.37
!
$0.56 '
$0.58 '
$0.38
all retail stores owned
by United Drug, including the 346 Liggett?^ t Earns;. per com. share
"After charges, Federal and State income-taxes.
fOn 400,000 shares
tractors and subconstractors.
*
« *
.» ♦"
*
,*
stores in the eastern and central United States and the 180 Owl and
of capital stock—V.. 162, p. 54..
*.
♦.
;
From 'February;; 1942; until1 the end of the war; the facilitiev, tor;
Sontag stores on the Pacific Coast.
World headquarters of the com¬
fv the company were devoted, almOstt entirely to ; the production oi .
pany recently were moved from Boston to Los Angeles, where ground,',
Western Department Stores Corp—Proposed Split-Up 4,i airframe jsub-assemblies and aircraft parts; During this period the
was broken on Jan. 8
for a 200,000 square foot building to house thef'
company supplied floor sections for a majority of the C-46 airplar.es;.:;
executive offices and world's largest drug store.—V. 162, p. 2521.
,/ Tho* stockholders will vote Jan. 24 on a proposal to split the common
practically all of the aft sections for the Corsair Fighter; a large,
stock two-for-one.
/.. — /v ■•*!?.::;
Annual Meeting Changed—
:
quantity of the cowlings or speed rings for SB2C airplanes; and ft
The
stockholders
will
be
asked to approve an Increase
in the
large number of: landing gear doors for B-24 bombers. The fabricated
authorized
common
stock
to 600,000 shares from 200,000
and.to
It was recently announced that the directors on Oct. 31 voted
to
reduce the par value of each share to 50 cents from. $1.
It is also pro-1- '# parts required for these articles (except castings, forgings and extru-,: \
change the date of the annual meeting of the stockholders to the
slons)
were
manufactured
by
the company from sheet aluminum.
second Tuesday in May from the second Tuesday in April.—V. 162,
posed that the authorized 6% cumulative preferred stock be reduced
; through
press ' operations and were assembled1 by riveting, welding; .
to 67,133 from 100,000.
The company has no plan to sell any un¬
p. 2521.
...
•
> and various other means.
A part of the assembly work for the floor
issued common stock left over after the split.
sections was subcontracted by the company.
■
Also before the special meeting will be a profit-sharing retirement
U. S. Industrial Chemicals, Inc.—Notes Placed Pri-^
v.:
POST-WAR - BUSINESS—Company; is presently in the process
plan lor employees.—V. 162, p. 2863;
*
vatel/—Company has sold $7,500,000 3% 15-year notes
^
*'
reconverting its Detroit and Monroe plants for its normal peacetime.
to The Mutual Life Insurance Co. of New York and John
operations.
This has required rearrangement, removal and reinstalla¬
Wilson & Co.y Inc.—Resumes Div.—New. Y.-Pres.—
tion
of
certain machinery
and equipment and' the acquisition ofHancock Mutual Life Insurance Co.
The directors on Jan. 4 declared a dividend of 20 cents per share
certain new machinery, equipment and tools.
Although reconversion*;
on
the
common
stock; payable March I, 1946, to holders of record
Registers Common Stock With
•
has been sufficiently completed to enable the company to supply tne<\;
Feb. 8, 1946. This is the first payment on the common stock since Dec.
i The company has also filed with the SEC a registration statement
present requirements of its customers, it is anticipated that pre-war.'
1, 1937 when a dividend of 12% cents -per share was paid;
covering 62,405 shares of common stock which* it proposes to oifer
volume of production will not be attained at these plants before early.
R. G. Haynie, C. W. Becker and J. A. Hafner, have been elected
to
its stockholders on
the basis of one new share for each seven
In 1946* The* businesses recently acquired' by .the? coihpany are nofc:
Vice Presidents. Mr. Haynie has charge of the Beef Department and
shares held; • t
' '
>', v - *\>m' *
•ll, "0
' / faced with any substantial reconversion problems.
' i
has been with the company
for 18 years. Mr. Becker has charge; of
Orders
and
/ Proceeds from the notes and the stock are to be used to expand
inquiries
which
have
been
received indicate that :
the Insulation Department and has 27 years' service. Mr. Hafner has
the company's facilities for the manufacture of a diversified group
products similar to those which were manufactured and sold by;
charge of the Refinery Department and has been with the company
of chemical prodUcts.-^-V. 162, p. 2313.
the company prior to the war will be used by its peacetime customers
36, years.
in their post-war programs; automotive, radio cabinet and refrigerator
cabinet
parts similar
to
those
manufactured prior to
1942 Are .;
1 Registrar Appointed'—
Visking Corp.—Common Stock Offered—An offering
The Chaise National' Bank" of the City of'liew York has been ap¬ ;
now in production.* Company has also received orders for,
and pro¬
of 150,000 shares of class A common stock was made Jan.
duced
and
shipped, parts fabricated from composition board which
pointed registrar of the $4.25 cumulative preferred no-par-value stock.
10 at
$35 Va per share by an underwriting group
were
not manufactured prior to the war, ^and is soliciting business *
—V. 163, p.. 113.
for parts to be fabricated from similar materials for various typesheaded by A. G. Becker & Co.,. Inc. and Lehman Bros.
ox
Industries. ■
;
*
Wisconsin Public Service Corp.—Weekly Output—
The issue was reported heavily oversubscribed. The of¬
Electric output
of corporation for the week ended Jan. 5, 1946,
OPTIONS—Cbmpany presently holds options to purchase all - of v
fering represents no new financing on the company's
totaled
the outstanding common stock Of Hardboard Fabricators, Inc. (Mo.),
10,872,000 kwh„ as compared with 11,054,000 kwh. for the
part, but a partial distribution of the holdings of
from Coleman E. Smock, Alfred-Kugel, Lloyd E. Harter, and W. "HJ
corresponding week-last year, a decrease of L6%;.► <
"
Electric output of this corporation for the week ended Dec. 29, 1945
Buchanan,
the stockholders of that corporation, - at an
aggregatestockholders. .
,f
totaled 10,756,000 kwh., as compared with 10,761,000 kwh. for the corprice of $325,000, subject to adjustment by audit for any changfc in:
LISTING—Company expects to apply for listing of the shares on
*'■; net worth between July 31, 1945, and the date that the option is,; .
responding week in 1944, a slight decrease.—V. 163, p. 113.
the New York Stock Exchange.
•
1
v
; •
■
1 ■»
exercised, which option, unless extended, will expire on Dec. 31, 1945.'.
Transfer
*
Agents:- Guaranty
Trust Co. of New York and First
%
' •
^ V- i
, f,
r>;
It is contemplated that the option may be extended to March 1, 1946.''
National Bank o£ Chicago.
Woodall Industries, Inc.—Preferred Stock Offered—
The
option price is approximately $235,000 in excess of the net.
Registrars:
Bankers Trust Co., New York, and Continental Illinois
book value of the optioned stock.
Hardboard Fabricators, Inc., leases
National Bank and Trust Co. of Chicago.
«
/' Mention was made in our issue of Dec. 31 of the offering
a
manufacturing plant located in St. Louis, Mo., and its business*
,
: by a banking group headed by Paul H. Davis
HISTORY AND BUSINESS—Company was incorporated in Virginia
is of the same general type and character as that formerly conducted
in
1925
and is. primarily engaged in the manufacture
of extruded
100,000 shares of 5% cumulative convertible
j by Board Fabricators, Inc. and by Service Industries, Inc. Company,,
cellulose sausage casings, of which it is the largest producer.
Com¬
has not as yet determined whether it will exercise such option.
preferred stock at par plus accrued
pany
manufactures approximately 75%
of the total United States
UNDERWRITERS—The names of the several, underwriters* and th« 5
1, 1945.
Among other syndicate members are
production of such casings.
In recent years it has entered upon
number of such shares which each has agreed to purchase, are as;; v
the application of its extrusion process to plastics for the production
Lerchen & Co., First of Michigan Corp., Hornblower &
follows:
of packaging for various sorts of merchandise and
for a variety of
Shares :
Weeks, and A. C. Allyn and Co., Inc.
.
;v-;-v'v' Shares
uses
other than packaging.
It has also begun to widen: the field
Kalman & Co., Inc.-.—:—
The
5%
cumulative convertible preferred shares are convertible,
4.QOO *:
Paul H. E*avis & Co.^-J—. 20,000
for its cellulose products by manufacturing casings or packaging for
«. Lester*
> -5,000, >unless previously
A. C. Allyn & Co., Inc.
redeemed, into common shares at conversion price
8,500
products other than meats.
•
*,
Piper, Jaffray & Hopwood5,000*
(taking the preferred shares at $25 per share) of $20 per common
Baker, Simonds & Co..
2,000
Company was the pioneer in the successful production of cellulose
*W. C. Roney & Co
2,000 ?
share to and including Dec. 31, 1946; of $22 pdr common share there-.
Baker, Weeks & Harden__
2,500
sausage
casings.
The cellulose solution, from which these casings
Stein Bros. & Boycei.
u5.00Q *
after to and incl. Aug. 31, 1948; of $24 per common share thereafter
Dempsey & Co.^_——_
3,000
are
made, is known as- viscose and is produced by the company
to and including Aug. 31, 1950; and of $25 per common share thereWatling, Lerchen & Co.— 15,000 j
First of Michigan? Corp,-.
10,000
principally from cotton linters."* Wood pulp, is also used with cotton J
after
to
and including Aug.; 31,. I960,
when all conversion rights ; Goodbody & Co.——-——— - 3,000
Whiting, Weeks & Stubbs.
5,000^
linters in the production of
fibrous casings, the sale of"Whi'dtr rep¬
terminate; in each case, subject .to adjustmentf as herein, mentioned.
resents
approximately 11% of the company's business.
Its original
iV
Hornblower & Weeks—10.000
Redeemable at option of
company at any
time in whole or in
product
was
a
casing for frankfurters but it has since developed
incgmel statement; ? years ended* ahq: 31
s
•ft part on at least 45 days' notice at $27 per share up to and incl.*
other casings
in a wide range of sizes and with varying qualities
:1945* ''
1944
1943''-r
Aug. 31, 1947; at $26.50 per share thereafter to and including Aug. 31,
of weight, stretch, strength, permeability, texture and color, so that
$25,269,705;$22,164^333 $17,267^72^'
1949;
at $26 per share thereafter up to and incl. Aug, 311*-1951; at ^Net sales
it now manufactures a full line of casings which are widely used ort
Recoveries on inventories Tveviously
$25.50 per share thereafter up to and incl. Aug. 31, 1953; and at
almost all varieties of cased meats, including not only sausage but also
»-«.*—fv.
18,434
$25 per share thereafter, in each case plus accrued dividends;
? :, written-off
hams, bacon, meat loaves, etc.
These casings are sold throughout the
:
2,333/
2,742
8,240
Interest earnedTransfer Agent—Harris Trust and Savings Bank, Chicago. Registrar:
United States by the company's own sales organization to meat packers, ,'
Gain from disposal of
^ First
machinery
National Bank of Chicago, Chicago, HI.
sausage manufacturers and retail meat establishments.
It also exports
3,S39<
$.648
and equipment.
APPLICATION
OF PROCEEDS—The net.- proceeds
(estimated- at <
to Canada, and to a lesser extent; to other foreign countries, but alto¬
; 5,276, «
2,768
6,290
Miscellaneous Income —:
——
$2,315,000) will be used for following purposes (or to pay all sums
gether less than 7% of the total sales of the company. : ', In 1944
heretofore borrowed for such purposes and to reimburse the treasury
the
total
number of
customers exceeded 2,200. 6; Company's largest
$25,302,669 $22,173,781: $17,281,136^' /
insofar as such expenditures have already been made): $680,000 for
customers are major packers who have purchased from it increasing
21,085,813
19,596,230 15,413,883'f
the acquisition-of all of the outstanding capital stock of Board Fab¬
quantities of casings from year to year as have the great majority
1,037,629.,
1
1,075,303
1,300,944
Administrative and general exps.—
ricators, Inc. (New York); approximately $438,400 for the acquisition
of the company's smaller customers.
Sales to the ten largest cus-fe
3.000
9,000
Provision for doubtful accounts- '-*/■1
of certain
assets of and the business formerly owned by Service
tomers
accounted for approximately 33%. of its domestic business
46,966. ?
.83,604
111,293
Interest on current debtIndustries,
Inc. (111.),*? approximately $260,000 for the organization
for
1944,. the last year for
which a complete sales analysis is
32,294
Loss on sale of land—_—
of a subsidiary to acquire all of the business and assets of Service
available.
- - 1
. .
,,
>
,
s,,
A3,936*
/1,488
Miscellaneous deductions-——
Products Co., a co-partnership of Chicago; approximately $220,000 to
?
/
CAPITALIZATION—Pursuant to aresolution by the directors, Oct.
106,000
60,000;.
50,000
Prov. for post-war reconv; of plants
acquire
certain buildings
(subject to » mortgage; of $55,000) in
2, 1945, and approved by the stockholders Dec, 4, 1945, each share
which the business of Service Industries, Inc., and of Service Products
of the then* outstanding class A common stock- and class B common
1 $2,720,838
$725,716* f
$1,309,644;
Co. was carried on in Chicago; $200,000 for the acquisition of certain
stock
(par $10)
was
split into three $5 par shares of the same :
Normal income tax, surtax, and de¬
patents, and $305,150 for the acquisition of all of- the outstanding
respective class of- stock; this result was effected by an exchange
1.24,000 .;
128,000
126,000
clared value excess profits tax—:
capital stock of Industrial Fabricators, Inc.
(Ohio). Any balance
of each $10 par share for two new $5 par shares of the respective:/
Excess profits tax1, less refund or
of such net proceeds will be added to the working capital and will be
class of stock and the issuance of an additional $5 par share of
384,000.
'
938,700
1,912,800
credit applicable thereto—
used
to finance operations
and inventories and accounts receivable
such
class
through the medium of
a
stock dividend.* Therefore,?:
and may be used in whole or in part, or as part of a larger sum,
three $5 par shares
are
now outstanding for each $10
par
share
$217,716
$242,944
$682,038
Net profit
to acquire machinery and equipment, or for other capital investments,
previously issued.
969,186 ;
1,141.902 :
1,294,846 ;
or
for the purchase of other business, organizations or , the assets
The- capitalization5 as
adjusted to give effect to the foregoing
thereof.
$1,186,902
/
$1,384,846
$1,976,884
changes is shown, by the following table:
Total: surplus —
_—
;
CAPITALIZATION, GIVING EFFECT TO PRESENT. FINANCING
> .90,000
45,000
225,000
Z•
Authorized ■■/ Outstanding
Cash dividends declared-—'
Authorized;
Outstanding
-
'
United Drug1, Inc.*—New
W.
of
Johnston
G.
Chicago
,
,
,
.
...
'
"
SEC—•
•
•
>
"
,
-
.
present
,
'
,
t
,
& Co. of
($25 par)
dividends from Dec.
Watling,
:
.
,
*
,
.
(
.
.
t
.
>
,
-
'
■
.
''
-
:
*
—
'
A
common
stock
(par
Class B
common
stock
(par $5)
Class
>
$5)
below
named
have
agreed to purchase the number of shares of class A stock
Shares
i
,
A.
Becker & Co. Inc.-!-.,
G.
Lehman
Bache
25,000
Brothers—,,— 25,000
Co;
&
Collins
&
Co.—
2,000
3,000
1,000
Kidder, Peabody & Co.—
Kalman & Co., Inc
—
Kebbon, McCormick & Co._
2,000
3,000
/
Hornblower
6,000
—
^lair & Co.-..
Ladenburg, Thalmann & Co.
6,000
3,000
Blyth & Co., Inc.——
Central Republic Co. (Inc.)
Julien
&
1,000
McDonald
6,000
Co———
Eastman, Dillon & Co._
F.
S.
Weeks
&
&
.
Co
Moseley &
6,000
2,000
/ 2.000
—
Co
As
3,000
1,000
___
■—
3,000
Reynolds
Equitable Securities Corp..
2.000
I. M
Forgan & Co.—
Goldman,-Sachs & Co.-—-
6,000
6,000
Smith
Wertheim
Hallgarten
3,000
&
Co.—
Glore,
&
Co.__
&
Co.-L
9 Mos. End.
&
Cost
for
plan
Visking
of
'
"* :
1942
$9,040,286
$8,219,236
,991,947
5,526,397
4,888,686
616,844
606,398
,064,991
638,511
452,304
540,496
475,467
444,726
income
21,636
—
exp,
1943
:V
,
expense
guar,
150,000
■/
150,000
150,000
13,585
£>;
17,867
17,192
$1,963,174
$2,192,963
29,588
$2,080,818
■'/* 30,173
$2,676,527
50,509
&
112,500
7,615
wage
Patent
1944
,
,
4,909,440
483;098
—
expense
Administrative
Prov.
/
Calendar Venn
.
6,000
$7,949,767
sales
of
—„
div^' fund
amortiz.
patents
;
types,
The
Gross
Other
profit
—
income
52,908
Other
Federal
*
.income
578,800
taxes
prof,
exc.
income
162,
p.
$2,110,991
2,278
9,013
771,363
772,517
$2,729,435
769,766
504,200
279,056
94,726
687,041
$930,683
$1,169,854
$1,234,735
$1,272,629
3240.
•^vrsrn:::*
$2,222,552
tax
—
(net)
—V.
—
deductions——
Federal
Net
$2,013,683
income
properties
closed
and
body
densities.
k
Cash
U.
S.
securities (incl. tax refund bonds.)
receivable, les$. reserves.,—
-i'—
Govt,
Accounts
■
Claims under
Inventories
—
i
*
terminated war contracts—.
$3,290,624/:
129,581}
1,710.635'
\ 1,910,670(1.
'
1,078,253
-i-,—
132,283
1,158,250
Investments and other assets—
Property,, plant and
equipment (less depreciation)--^—
'
Patents
the course of operations, the company
Purchased good will—
-
•
.
200,001
/ ' 840.108
/,'/
.Deferred,charges
types
J
92,935
r—
———-—
$10,543,340
Total
LIABILITIES—
.
"
$2,542,633
payable. —
payable, etc,-/-—
Portion of long-term debt due within one year
Federal taxes on income—estimated (net)—
Notes
/■
Accounts'
/
—.
2,377,948'-1
/
22,500
'
'
463,334.* ;
V'/:, 132,500', /
debt ——Zi—:—'—i;
i
'*'■'200,000 r
Reserve for post-war reconversion of plants—
M' :' 800,000
Common stock ($2 par)—.
/. 2,500,000
Convertible preferred stock-—
Long-term
*•
Capital
surplus
Earned
surplus
Total
-V.
s-————
162,
p.
V,
———.^.4———^--x—^
——„———————
——-—-w-
3241.,
137.543
/ 1,366,884
$10,543,340
"
-
development of processing methods and improvements in avail¬
to a wider field for the use of various types of fibre
able materials led
v
Woolf Brothers, Inc.,, Kansas City,
Mo;—Exchange Of-'tij
Lfei
and in 1936 the company obtained its first appreciable
fer-^-Balance of 7% Preferred Stock to Be Redeemed—
business, though amounting to less than 1% of dollar
volume, outside of the automotive industry.
This type of business .Approximately 75% of the outstanding 10.938 shares of 7% preferred
stock, par $100, or 8.195 shares, have been deposited under a plan "of '
expanded to approximately 11.13% in 1940 and 9.87% in 1941. - A
exchange, which provides for the issuance of 2l/s shares of new 4^2% ,
comparatively
substantial, volume
of the non-automotive
business
/preferred stock; par $50, in exchange for each 7%/preferred share
consisted of the manufacture of radio cabinet backs and refrigerator
held. The offer was* scheduled to expire on Dec. 15, 1945, subject to
parts such as ducts, fan shrouds, interior panels, and other concealed
possible extension.
'.v?,
: .-•-// „ -'-/•*
•'
parts.
Company has resumed its efforts to promote the further
The unexchanged 2,743 shares of 7% preferred stock will be redeemed;
expansion of the non-automotive lines and has recently
acquired
on March 1, next,, at 110 and dividends,—V. *144, p. 1093.
v ,1
certain independent manufacturing organizations which were engaged
board
volume
Total
as
AUG. 5l, 1945*
ASSETS—:i
replaced the open models in
popular
appeal.
Company
further expanded its business in- 1929
through the acquisition of all of: the assets (including a plant at
Monroe, Mich.) of Barrett
Products Co., which had been engaged
in
processing and
fabricating various types of fibre board and
which* had developed certain processes for coating and graining these
materials in imitation leather and other decorative
finishes. Other
developments which
increased the use of the company's products
in the automotive field were processes, initiated in 1933, for attaching
iipholstery- materials. to fibre board and for embossing designs* with
a
high degree of permanence into the parts after they were covered.
The major part of the company's business, prior to 1941,
consisted
of the manufacture, assembly and sale of interior panels for auto¬
mobile bodies, t-ruck cabs, and automobile trailers.
The basic material
used in the production was fibre board or composition board of various
developed
of per./ $1,751,884 ' $1,294,846; $1,141,902?
PRO FORMA BALANCE SHEET,
reserved for issuance upon
result of developments, in
which
Co._i-6,000
__
Sales, less returns, etc..
Selling
3,000
Barney & Co
STATEMENT OF INCOME
Sept. 30, '45
—iZ
Simon & Co
a
125,000 shares
expanded its processing prior to 1930 Jto include die cutting, shaping
and embossing of foundation designs to meet industry's -requirements
Kuhn, Loeb & Co,-.— 10,000
Emanuel
Balance earned' surp.; end
t400,000 shs.
conversion of
the
preferred shares now offered,
tlncluding 515 unissued shares
represented by scrip certificates for fractional shares,/.',
*"
*v
PRE-WAR BUSINESS—Company,
whose principal executive offices
are located at 7565 E. McNichois Road, Detroit, Mich., was incorporated
under the name of "Cardboard Cutting and Supply Co." on Nov.
17,
1919, in Michigan.
The principal business-of the company originally
was
dimensional cutting of
cardboard and other composition fibre
materials
as
upholstery
foundations for the automotive
industry.
"Including
—-y Shares:
Harriman Ripley & Co. Inc.
6,000
Kenry Herrman
$151,875
100,000 shs.
—
follows:
2,000
Z
Bacon, Whipple & Co._
William
severally
as
-
notes-—$151,875 •
5%. cumul. conv. pfd. shares (par $25)
100,000 shs.
Common shares (par $2)
"750,000 shs.
First mortgage
54,000 shs.
54,000 shs.
underwriters
UNDERWRITERS—The
540,000 shs
540,000 shs.
—
parts
of
,
/
'
'
.,
'•*
df
1*:
Volume 163
Number 4455
/
?!
-
THE COMMERCIAL & FINANCIAL CHRONICLE
235
l|l^i|gig|State and City Department
PROPOSALS AND NEGOTIATIONS
the purchase of $6,200,000 electric
•
v
-
of bonds amounting to
$3,000,000,
county
:
of
schools
building of 12
modernizing
including
,
System, as proposed to be extend¬
ed, after deduction of the reason¬
(if any).
able
$100,000
in 1952,
in 1954,
in 1956,
Tuscaloosa, Ala.
y
Bond Sale—The $175,000 water
Works refunding bonds offered for
Sale' on, Jan. 8rf-v^; 103, p*, 115-H:
were awarded to
Crumpton & Co.,
of Birmingham, and Westheimer
& Co., of
Cincinnati, jointly, at a
•
i are
callable
whole,
as a
interest
bonds
.bidder
Co., at
the
Of
est
1.39%.
:
date of
to
proposed
tem.
.
1;
,
.
As
and accrued interest to the date of
Arkansas* (State'§ of)
i
Counties Cannot Issue Bonds for
Bridges—The State Attorney Gen¬
•redemption.
Bidders
;
,
must
specify the
.
rate
eral has ruled that Amendment 17
to the State Constitution does not
of interest which the
permit the issuance of bonds by
;to; bid different rates of interest,
a
county to finance bridge con¬
The ruling was made
bear.
Bidders
bonds shall
will.be
permitted
but the interest rate stated in the
must be in a multiple of V4
struction.
bid
at the behest of Cleburne
County
ih connection with its desire to
of 1%.
construct
fice
a
"much needed"
bridge.
T^he Attorney General also point¬
ed put that counties cannot legally
issue warrants in
excess
of annual
for bridge building pur¬
revenue
poses due to
limitations on crea¬
tions of such debt prescribed; in
Amendment
Bonds
.
10.
Publicly
Offered—T he
Sank; of America' National Trust
Savings Association, and Ira
Haupt& Co.; New York, and as¬
sociates, recently; made public
&
Principal and interest
pay¬
Seventh Issue of
Revenue bonds of the
Electric
District
and
$5,940000 principal
offering of $4,000,000 highway re¬
amount of the Eighth Issue of
funding bonds. The offering con¬
Electric Revenue bonds* of the
sisted of $3,319,000 of serial 314s,
District. The Electric System of
due from; 1957* to 1969,
priced to
the District includes all present
yield from 1.50 to 1.95%, accord¬
and future facilities of the District
ing to maturity, and $681,000 of
for the generation, transmission
term 3%s, due April 1,
1972, but
and distribution of electric energy
optional for call from 1953 to
1972, priced to yield from 1.20 to (except rural transmission and
lines
financed
in
2,00 %, according to the optional distribution
whole or in part by the Rural
dates.
Electrification Administration and
A block Of $3,814,000 State of
: customers'
service connections to
Arkansas highway bonds was pre¬
said * lines)
including all exten¬
viously offered and sold by Bank
sions thereof and additions, betof America NT,; &« S.A. and Ira
terments, and improvements
Haupt & Co. and associates. The
thereto, including those proposed
current offering is an additional
to be constructed from the pro¬
block.
.
ceeds
Fbrtfyce Special Sch.: Dist. Np. 39,
Arkansas
■
Bond Call—The district has is¬
a call for
payment on Jan. 1,
1946, at par and accrued interest,
of outstanding bonds of the issue
date Oct. 1, 1941,
being bonds Nos.
31RB
to
on
197RB.
Oct.
redeemed
the
The
bonds
ma¬
1, 1968, and will be
upon
Commercial
presentation
National
"at
Bank,
of Little Rock.
CALIFORNIA
Bond
Election
issue.
||
and interest
on
—
An
of
sewer
and water
system
bonds amounting to $375,000 will
be submitted to the voters at the
election to be held on Jan. 29.
ments
equal
Bond
Offering—G. L. Dermody,
Secretary of the Board of Direc¬
tors, will receive sealed bids un¬
1a.m.
(PST)
on
Jan.
29
for
to
at
the bonds for
on
age year.
an
"Such amount to be
least
Additional
bonds
The bonds
are
the purpose of
construct
a
Security - First
Bank, of Los Angeles,
awarded on Jan. 8-—v,
—an
issue of $250,000
Other bidders
as
(and
and
also
of
the_ Sixth,
Eighth Issues)
tensions
ments
or
Electric
provide for additions and
betterments to the Electric System
of the District.
These are the
The'
bonds; prior to
For $400,000
their issu¬
a
an
or
acquire
and
only
The legal opinion of
Harry W.
Horton, of El Centro, Attorney for
the District, and of
Orrick, Dahlquist, Neff, Brown & Herrington,
of San Francisco,
approving the
validity of the Ninth Issue will be
furnished to the successful bidder
without charge.
At
time
the
and. place
es¬
year
on
lift
rising
carry
passengers
months from the desert warmth of
<
of .0.5557%:
for
$500,000 maturing Dec.
1946, as 3s, and $3,500,000
ma-
cost
;
15,'
Dec.
of
cost
0.5375%:
for
Interest J-D.
,'/Vx '7
:}
Bidder
; Price Bid
Bank;
Chicago;
Chase National
New York,
-
Bahk,
•
•
•
-
1
■
A."
/ *.;
"
t
*'
•
-,
National City Bank,, ;;
New York,
,; n »
Northern Trust Co.,
- !
-
•' |
*
\
Chicago,
;; First National Bank,
Portland,
vf
.
j
~
American Trust Co.,
San Francisco, and
*
*
;
.
/
,,
\
'
"
Seattle-First National Bank,
Seattle, jointly,
/
•
•
.
,
-
,
; •
For $2,000,000, 3s, and
'
.
...
$2,000,000, %s
102.51
(Net interest cost .6785%.)
/
-
For
Springs to the snowy sportsland 8,500 feet above the city on
$3,500,000, 3s, and
$1,500,000, %s
102.03
(Net interest cost .6916%.)
Mt. San Jacinto.
Blyth & Co.,
Palm
:
The tramway will
be built by
the Mt. San Jacinto Winter' Park
Authority, set
up
as
political
a
non-profit subdivision of the state
through legislative
action
last
September.
This
Authority
is
authorized to
Harriman
Ripley & Co., Inc.,
,
;f
J
Weeden & Co.,
R. W. Pressprich. &
{
Co.,
Heller, Bruce & Co.,
Wm. R. Staats Co.,-'Kean, Taylor & Co.,
Eldredge & Co.,
and
less
not
than
all) to the
highest responsible bidder or bid¬
ders, at not less than the par
value
thereof
and
accrued
in¬
thereon; provided, how¬
that the Board of Directors
reject any or; all bids, and
roads, highways, First California Co., Inc.,
San Francisco, and
cableways, tram¬
'
ways, up-skis; ski lifts, parking Illinois Co., Chicago,
r
areas,
restaurants,
hostels, and ^jointly,
\
«
'
other
similar
For $500,000, 6s,
equipment."
The
v
legislation provides that the new
$500,000, IV2S, and
authority may contract with the
$3,000,000, V2s
—.-100.036 :
State Park Commission to operate (Net interest cost
.73107%.)
.
.
.
its facilities.
>
The Authority is
issue
said
check
shall
be
the
conditions
The
to
the
purchase
of
to
terest
terest
of
be
offering
bonds
net
on
the
interest
District,
to
tables.
amount
in ;.his
will
bidder
lowest
the
cost"
bonds
the
the
stated
computed
standard
bond
in¬
"net
in¬
The term
means
interest
the
on
aggregate
the
bonds
up
authorized to
bonds
revenue
Mt.
San
and to
Jacinto
call
for
the
one
a
lower
terminus, below
8,000 feet, at the en¬
trance of Chino Canyon at an ele¬
vation of about 2,800 feet.
From
here the
at
cable
cars
will lift
to the Long Valley Pla¬
teau, just beneath the summit of
Mt. San Jacinto.
•>"/•• *••. •>i''-*i*!4i
Although about 100 cable tram¬
ways exist throughout the world,
only one such passenger-carrying
system is in the United States—
at Franconia
the
others
Pass., N. H.
are
The aerial cableway is
be
Most of
located in Europe.
after construction starts.
respective
Bernardino), Calif.
bonds
completed
expected
about one year
—
The
amounting ' to
following
$1,000,000
will be submitted to the
the election to be held
voters
at
Jan. 17.v
on
$750,000 Union High School DisI
trict bonds.
250,000
-trict
.
-
%
•'
; v
Elementary School Dis-'
bonds.
Ventura County,
.
to
their
pas¬
sengers
said
to
San
Bond Election
Park,
which is owned by the State.
Present plans for the tramway
Redlands
[■School Districts (P. O.
operate
State
at the coupon rate or rates speci¬
fied in the bid from the date of
bonds
San Bernardino County
to three million dollars
r
in
of
"acquire, construct
complete
trams, arterial
in
of the bid, to apply on
purchase price of the bonds
said bid is accepted)..
The
cost
I
ex¬
per minute.
tramway will
during winter
feet
ofl
\
,,
the
summer-to-winter tramway from
Palm Springs, Cal., to the top of
Mt.
San Jacinto,
the American
Municipal Association reports.
The $2,000,000. project will be
the world's largest cable car sys¬
(but
according
pur¬
an
Bond Project—Construction is
tors will open the proposals,
The
bonds will be awarded as a whole
basis
ex¬
majority of the qualified
above
designated, the Board of Direc¬
awarded
affirmative vote of at
electors of the District and
To Finance $2,000,000 Revenue
12,400
'*•
Harris .Trust & Savings
iy4s-.——100.07
Authority, Calif.
The
National
Association,
$500,000 maturing Dec. -15,
NV T946, as 3s, and $4,500,000 ma¬
turing Dec. 15, $500,000 in
;1947, $1,000,000 in 1948, and
$1,500,000 in 1949 and 1950, as
; *
Mount San Jacinto WinterPark I..
State.
America
,
Jor^2M,000^s^-.:Al00?15
pected to start this
7—•
*
Co., jointly, ',
municipal or
school district bonds, and may be
used as
security for the deposit of tem with a vertical
public moneys - in banks in said 5,800 feet at 1,000 feet
to
additions, better¬
improvements to the
Staats
Jan.
Dated Dec. 15,1945. Denomina-^
tion $1,000.
Other/bidders were
as follows: - x
r
Association,
San Francisco, and
Wm. R.
of
Savings
im*
Trust •& Savings
;
bonds authorized at the election
held on Dec. 13, 1945
on
Seventh
Price Bid
Blyth & Co.,
Bank of America National
to
&
terest
;
follows:
were as
velopment Proj ect of the District,
if, after the acceptance
of his proposal, the bidder shall
refuse to accept said bonds and
complete
his
purchase
thereof
be issued
to
for sale on
,J
Monrovia
and
amount
or
System,
suant to
least
of,
may
also
163,< p.; 115
Bidder
described in the 1945 Power De¬
following
$9,000,000
15, $500,000 in
,
1947, and $1,000,000 in 1948
to 1950, as V2S. Interest J-D„
5,000,000 series A, airport bonds,
at a price of 100.07, a net in¬
1.457 %. Due on J an.
1;
1947 to 1966, inclusive.
Each issue is dated Jan. 1, 1946.
steam electric generate
and additional gener¬
Bank
turing
of about
providing funds to
{
The
2994—were awarded to
p.
terest
National
was
}
$4,000,000 series A, sewer bonds,
at a price of
100.07, a net in-*
City School District bonds, as
IV2S, at a price of 100.436, a basis
to be issued for
forfeited
parity
a
—
amounting
163,
'
The
com¬
ing plant
ating units at its Hydro Plants,
proposal.
on
Sale
.
offered
Trust
clusive.
aver¬
,
.
•
(if
with the bonds of the Ninth Issue
163,
Chicago, and Thomas Kemp &
Co., of Los Angeles, jointly, as
lV4s, at a price of 100.686, a basis
the
parity with said Sixth,
Seventh, Eighth and Ninth Issues.
bonds
p.
amount
on a
only to construct
Imperial Irrigation District (P. O.
El Centro), Calif.
v.
Bond
of about 1.178%, These bonds are
due on Jan. 1, 1947 to 1966, in¬
amount
•
further that no pro¬
posal shall be accepted which is
accompanied by a certified
check for not less than 2% of the
Sixth, Seventh, Eighth and Ninth
Issues, and said pledge constitutes
an
irrevocable first pledge (after
such deduction) of said
revenues,
issued
issue
fered for
8—v.
at
Calif,
and
Jan.
to
Dec. 21.
on
(City and County)+
principal and interest require¬
not
said bonds of said
the election held
an
may
System, have been pledged to
the payment of the principal of
amounting
favorably voted
was
San Francisco
on
con-*
bonds
$235,000
in
provided
tric
struction
amounting to
the
ever,
only the reasonable cost of main¬
tenance and operation of the Elec¬
Bonds Voted—An* issue of
of
County Sch. Dists.
(P. O. Los Angeles), Calif.
Bond
Sale—The $400,000
Alhambra City Sch. Dist. bonds of¬
fund at the rate
terest
of additional bonds which
may'be
storm
til' 1
The, gross
superior to all other charges and
subject to the rights of the holders
El Centro, Calif.
f
this
of said Electric System,
first
deducting therefrom
after
sued
ture
of
revenues
Calif.
issue
San Francisco:
reserve
•
,
County, Indio Element*
Sch. Dist. (P. O. Riverside),
ary
20% of the annual principal
and interest requirements on the
bonds which must be maintained
a
able, both principal and interest, ities
Commission, as legal invest¬
exclusively from the revenues of
ments; in California for all trust
the Electric System^of the District"
funds and for the funds of all in¬
on
a
parity with the present surance
companies, banks, both
outstanding $1)248,000 principal commercial and'
savings, * trust
amount of the Sixth Issue of Elec¬
companies, the State school funds
trical Reyenuevbonds-of the; Dis-i
and any funds which may be in¬
trict
and
$910,000
principal vested in county,
the
$110,000.
Riverside
,
sale
to
issue of
an
library building bonds amounting
to
'
-
of election
,
Los Angeles
fiscal ance, will be certified
by the State
Agent of the District in % New.
Controller, ^fter
'investigation
York City. ' Said bonds are pay-;
by the California Districts Secur¬
of
voters
the
at the office of the
amount
date
the
to
115—were awarded to Halsey,
Stuart & Co., C. F, Childs & Co.,
able at the District Treasurer's of¬
or.
Jan. 20.
on
puted by determining the arith¬
metical, mean of annual principal
and
interest payments
on
the
bonds.
July 1, 1967;
principal amount thereof
bonds
the
as
of
;
the
Feb. 5
submit
$900,000 will be submitted to the
voters at the election to be held
of
1, 1946,
interest, of its
at
construction
further
create
a
date from and after
Election—An
Election
Scheduled—The
City Council has tentatively fixed
the
Bond
;
security for the
bonds the District is
required to
call for payment on Jan.
will be redeemed at the Commer¬
cial National Bank, of Little Rock.
Bond
Los Angeles County, El Monte
Union High Sch. Dist. (P. O.
Los Angeles), Calif.
as
constructing and acquiring exten¬
sions, additions, betterments and
improvements to the Electric Sys¬
premium of 3% of such principal
amount. if redeemed on and after
if redeemed on and after
July 1,
1962, and prior to July 1, 1967,
land callable as a whole, or. in part,
outstanding bonds, dated Jan. 1,
1938, maturing vJan;vl, 1960, and by lot at the option of the Dis¬
bearing Nos. 1RB to 86RB./Bonds trict > on; any interest payment
issued
same
•
at par and accrued
be
interest thereon and the
proceeds
applied solely for the purpose of
I if redeemed on and after
,'Alicia Special Sch. Dist. No. l3,
July 1,
yiyvr,
.
.
.
Arkansas •
1957, and prior to July 1, 1962;
Bond Call—The district issued and 1% of such
principal amount
a
to
cipal amount thereof and accrued
X, 1952, and prior to July 1,
1957; 2% of such principal amount
.
parity therewith then
a
prin¬
; July
ARKANSAS
Revenue
become due and pay¬
Such additional bonds must
be sold for not less than the
or
redemption, plus
Electric
able.
I amount thereof and accrued inter¬
Thornton,
interest cost
the
on
on
bonds
•
was
a net
and
outstanding and of the additional
.
highest
maintenance
Orange, Calif.
premium offered
The Board of Directors
.
in part,
in inverse order of maturities
(or
by. lot within maturities) at the
net interest cost of 1.138%. Dated
! option of the District on any inJan. 1, 1946. Denomination $1,000.
1 terest
payment date on and after
These bonds are due Jan. 1, from
July
1,
1952, at the principal
1949 to 1966 inclusive. The next
Mohr &
of
deducting
the
right, in its discre¬
tion/ to reject any and all bids
and to waive, to the extent
per¬
mitted by law, any
irregularity
or
informality in any bid.
V
thereof, will be suffi¬
pay the principal of and
cient to
in
'
cost
dates, ' after
reserves
operation
$200,000 in 1957 and 1959, $210,000
1960 to 1962, $220,000 in 1963
to 1966, $270,000 in 1967,
$300,000
in 1968 to 1970, $320,000 in 1971
to 1973, $330,000 in 1974 and
1975,
and $350,000 in ,1976.
Bonds ma¬
turing on and after Jan. 1, 1953,
the
structures.
new
therefrom
$50,000 in 1948 and 1949,
in 1950 and 1951, $110,000
$120,000 in 1953, $130,000
$140,000 in 1955, $150,000
requested ; by
they County
Board of Education for an issue
the > purpose
maturity
the gross revenues of the Electric
not
Dated March 1,1946. Denomina¬
tion $1,000. Due Jan. 1, as follows:
was
for
timate by qualified engineers that
ninth issue bonds,
exceeding 3% interest.
revenue,
Jefferson County (P. O. :Birmingu
ham), Ala; '
-*.y'
y ■ Bond Issuance Requested—The
County* Commission on Dec, 28
Nord-Hoff Union
Elementary Sch. Dist. (P. O.
Ventura), Calif.
Bonds Voted—An issue of semi-;
construction
annual,
amounting
to
$130,000,
bonds
not
ex¬
ceeding 4% interest was favorably
voted
at
Nov. 20.
the
election
held
on
i
ii
■"
.i
i
the
$145,000 Santa Paula Union Sch.
District Bonds. Due Jan. 15,
v
■:
,
,
Due from 1947 to 1959.-
.
bonds
These
%
15,
Jan.
dated
are
1946. Denomination
|
v
KENTUCKY
obligation bonds offered for sale
on
Jan. 3—v. 163, p. 116—were
awarded to Stein Bros. & Boyce,
and Almsted Bros., both of Louis¬
Chicago,
Cutler,- of
&
the
furnished
be
at
bidder
the
-
expense
V
CONNECTICUT
Bridgeport, Conn.
Offering—Perry W. Rod¬
Comptroller,, will re¬
City
man,
bids ' until
sealed
ceive
noon
(EST) on Jan. 17 for the purchase
;Of $500,000 trunk sewer and dis¬
posal plant coupon bonds, not exjceeding 2% interest. Dated Jan.
15,
1946, ' Denomination ; $1,000.
Due $25,000 Jan. 15, 1947 to 1966;
'
<
\,i
Bidder to
Principal and. interest pay¬
est...
able in lawful
for
accepted
interest
accrued
than
to
and
par.
,
of
date
de-,
livery. The bonds
are registerable
principal only. - Bids fmust
submitted i for
all/V of
the
v.
be
and award will be
bonds offered
all
of
deemed
amount
of
except
'limited
Tax
that
The
at
taxable
are
;
such
- no
on
chaser
the
will
opinion
of
will
Bonds
of
the
general type
same
and character shall be taxable by
tax
of
law,
income
Federal
the
successful bidder
may, at his election, be relieved
of - his obligation under the con¬
tract to purchase the bonds, and
in such case the deposit accom¬
the
panying his bid will be returned.
be ready for delivery
Bonds will
close
value
payable
for,
1946.
En¬
certified check for 2%
a
face
the
Jan.: 29,
about
or
on
of
to
urer.
the
interest coupons
the City
:■
"
of
Treas; ■
notes offered for sale
163, p. 115—were
7—v.
Jan.
awarded
the
to
Home
.Trust Co., of Darien, at
Bank
•
&
of 0.40%, plus a premium of $1.50.
Jan.
Dated
due
are
bidders
as
were
Bidder
,
Woodside Township (P. O.
filed), III.
bonds
/Escambia
(P.
O.
At
Jfl
'/
County Sch. Dists.
Pensacola), Fla. ; :*
Bond Issue
'-
-
0.50%
FLORIDA,
.
1
,
tion 'on
that
a
special
Dec.
21
it
enactment
learned
was
technicality in
lative
1943 legis¬
a
regulating
vot¬
school district bond issues,
nullified elections held on Aug.
ing
on
30, whereby
11
were
Districts Nos.
.
*
'
•-
\
.
authorized to issue bonds
'
"
.>
B
"
.
•
1
•
1
/
..;:i
' J
d
r
I
Indiana
Jan" 1, -1966.
r
Inter-
*
—
revenue;
bonds.
Dated Feb.
■
H.
Roscoe
Bidders
1946.
selves
to
as
Offering
H.
Eugene
3wartz, County Auditor, will
on
ceive sealed bids until
Jan.
28
for
the
11
re¬
a.m.
purchase
of
oh
the
following 4% bonds amounting to
$85,000:,-"
■
-
-
$55,000 : tuberculosis
:
sanatorium
improvement
July 1, 1951.
*
bonds.
funding
bonds.
30,000
;
1, 1945.
tion
$1,000.
sold
for immediate
than
est to the
(to
the
,
Due
$15,000 Jan. and July 1, 1950.
Dated Feb.
less
Due
*
"
Said
bonds will be
for not
par and accrued inter¬
highest and best bidder
be determined
total
Denomina¬
cash,
interest
to
the
1947, $46,000 in 1948/
1949, $49,000 in 1950,
$50,000 in 1951, $51,000 in 1952,
the
purchase
of
construction $52,000 in 1953, $53,000 in 1954
coupon bonds amounting to $6,and 1955, and $54,000 in • 1956.
250,000, hot exceeding 4% inter¬ Bonds maturing in 1949 to 1956,
est. Dated Feb. 1, 1946. Denom¬
are optional for redemption at the
ination $1,000.
These 1 bonds are option of the City in inverse nu¬
due on Feb. 1, as follows: $277,000 merical order on Feb. 1,1948, and
in 1947, $281,000 in 1948, $284,000
any interest payment" date there- ■;
in 1949, $288,000 in 1950, $291,- after at par and accrued" interest ;;
000
in 1951,
$295,000 in 1952, to the date fixed for redemption,
$299,000 in 1953, $302,000 in 1954, plus premiums beginning at $20
$306,000 in 1955, $310,000 in 1956, for each bond on or prior to
$314,000 in 1957, $318,000 in 1958, Aug; 1, 1948, and reducing at the
$322,000 in 1959, $326,000 in 1960, rate of $2.50 in each succeeding
$330,000 in 1961, $334,000 in 1962, 12 months' period.
Said bonds
$338,000 iri 1963, $342,000 in 1964 have been authorized; in part for;
$347,000 in 1965, abd $346,000 in the purpose of extending and im¬
1966. Callable for ■ redemption at
satisfy them¬
legality of the
issue.
$45,000 in
$47,000 in
Iowa
Bond
of
issue
Election—An
$800,000
construction
"
of
will
bonds
the
election to be held on Jan.
14.
;
net
a
1947 to 1963.
■
Rapides Parish, Fifth
Louisiana
'
Sale—The
Bond
Ward Sch.
Alexandria),
(P. O.
Dist. No. 51
;;
Dist., Iowa
Election—An
issue
Sch.
Bond
000
bonds
hospital
Dec.
of
Details—The
Sale
Davenport, as
on
Co.,
1X/4S, at a price
of 100.50—v. 162, p. 2995—mature
on
Oct.
1946
1,
and
follows: $13,000 in
1947, $14,000 in 1948,
as
$13,000 in 1949, $14,000 in 1950 to
1953, $15,000 in 1954 to 1957,
000
in 1958, $16,000
bonds
in
1960
and
$16,^
15,
1946.
$500.
St.
No.
Dist.
(P. O. Chalmette), La.
Offering —D. S. Harris,
1
Bond
Secretary of
on
the Police Jury, will
sealed bids until 10 a.m.
receive
Feb.
5
for
purchase
the
Dated
of
public* improvement
not exceeding 4% interest.
March 1, 1946. Denomina-
$450,000
bonds,
.
J:"
outstanding
to pay
be used
to
for
called
bonds
agree
bonds
redemption
on
1946, each bidder mustf
to accept delivery of the;
by such time or *at such
'.'i '•
"Ji
1,
may be'
Said delivery
within 30 days
•
ready for delivery.
expected
close
be
to
date
from
sale
of
thereof,
En¬
certified check for $10,000,
a
payable to the City Treasurer.
.
MAINE
f:f
Augusta, Maine
Bernard Parish Sewerage
$17,000 in
)
-
earlier date as the bonds
in 1959, $16,-
1961,
and the
the opinion
of
printing the bonds will be
paid by the City. No bid for less >
than par and accrued interest to
April 1, 1946, will be considered.
Since a part of the bond proceed?
at a price of 100.04, a
basis of about 1.24%. Dated Feb.
1 As,
as
of
awarded
cost
cost of
April
$300,-
12 to the White-Phillips
The
ing bonds offered for sale on Jan.
4—v. 162, p. 2995—were awarded
to Glas & Crane, of New Orleans
and
TV I;,; .1Iowa
Bonds Purchased —An issue
proving the water works systerrt
of said City, and in part to refund
bonds originally issued" for such
purpose, and will be payable.; as
to
both
principal and interest
solely from and secured by a first
pledge of the net revenues de¬
rived from the operation of the;
water works system of the City,
The; bonds fare additionally f se-.;
cured by mortgage on said water
works system. The bonds will be
awarded to the bidder whose bid
results
in
the lowest
interest
cost to the City without consid¬
eration of premium.
Not more
than three rates of interest are to
be specified and each rate must
be expressed' in 'multiples of % of
1%. All bids must be conditioned
upon the
approving opinion: of
Chapman & Cutler, of Chicago.
is
■
$15,000 build¬
Denominations $1,000
These bonds are due
$1,500 from Feb. 15, 1947 to 1956.
$50,000 highway bonds was pur¬ The next highest bidder was the
chased recently: byJMr,..C. H. Mit¬ Equitable
Securities Corp., for
chell, of Ottumwa.
:>■
l%s, at a price of 100.082.
Wapello County (Pi 0. Ottumwa),
000
all
New Or¬
interest cost of
These bonds mature in
at
leans,
1.316%.
county hospital addition bonds
amounting
to
$100,000 will be
submitted
to
the voters at the
election to be held on Jan. 15. V
by computing
on
syndicate composed of - Barrow,
&
Co.,
of Shreveport,
White, -Hattier & Sanford, and
Leary
Scharff & Jones, both of
O* Jefferson),
Greene County (P*
De¬
1946.
1,
nomination, $1,000, These bonds
are
due on Feb. 1, as follows:
Dated Jan. 1,
be submittted to the voters at
v< ■;
-
of $500,000 water
series of ' 1946,
purchase
works
I
terest to be in multiples
Bond
County (P. O. Crown Point),
; > ■.
and
5
in' the amount of $75,000 and $10,'
to be used for new road
INDIANA
Approvals Faulty—
meeting of the
County Board of Public Instruc¬
a
to
est J-J.
Oltumwa
Lake
0.45%
City Bank, New
York
.
are
was
.equipment and to liquidate debts.
Prire Bid
Tir L. Day & Co.
$20,-
favorably voted at
the election held recently. These
First National Bank, Boston 0.44%
National
Spring-
Bonds Voted—An issue of
000 bonds
follows:
as.
•' v.;
.
p.m.
on
1948
attached.
due in 1952 and 1953. The next
9, 1946. These notes
May 15, 1946.: Other
on
7
until
bids
sealed
Interest J-J,
highest bidder was Martin, Burns
& Corbett, at a price of 103.77.
discount
a
City Secretary, will receive sealed
bids until 10 a.m. on Feb: 1 for
the
Offering
presently;;
Shreveport, La.
Offering
J; T. TOnner,
Bond
Secretary of the Parish
School Board, will receive sealed
bids until 1.30 p.m. on Feb. 6 for
f
Bond Issue Discussed—On Dec;
Note Sale—The $150,000 tax an¬
on
$ 1,000. These bonds
1947 to 1966. The
highest bidder was Weil j&
a
net interest cost of
Bond
the ing 3% interest:
";i""
15, of
$4,800 school township bonds. De¬
nomination
$600.
Due $600
July 1, 1947, and Jan. and
July 1, 1948 Jo Jan. 1, 1952.
Oaklawn, III.
are
original issue of $6,000,000,
an
of which $5,458,000 are
outstanding.
1946. Rate of in¬ par; and accrued interest in in¬
of 44 of verse numerical order on' Feb. l,
18 a taxpayers meeting took place
1%, ; and * but one rate; shallbe 1951, and on any interest payment
to discuss a
proposed issue of
named by each bidder.
The ap¬ date thereafter. Registerable as
water extension bonds amounting
proving opinion of Ross, McCprd, to principal.: 7 These are{ the bonds
to $160,000.
;
Ice & Miller, of Indianapolis, .will authorized at the election held on
Urbana, III»
Nov.
be furnished.
27,
1945.
The approving
Bond Sale—The following 2%,
opinion of Chapman & Cutler, of
IOWA *
semi-annual, bonds amounting to
Chicago, will be furnished the
Baxter Indep. Sch. Dist.i Iowa
$35,000 and offered for sale on
purchaser.
Enclose a certified
Jan.
7—■v.
163,- p.
116—-were
Bond Offering—Thos. LJ Wolfe, check for $10,000, payable to the
awarded to Paine, Webber, Jack¬ Secretary of the Board of Direc¬ Treasurer, of the School Board.
son
& Curtis, of Chicago, at a tors, will receive sealed bids un¬
Franklin Parish (P. O. Winnstil 7.30 P.M. on' Jan. 14 for the
price of 104.61:
boro), La.
purchase of $6,000 ; 3 %. school
$18,800 fire department bonds. :
V Bond Sale—The $350,000 court
bunds. These bonds are due $1
5,500 police department bonds.
house and jail bonds offered for
000 July 1, 1948 to 1953, callable
10,700 street department bonds.
sale on Jan. 2 were awarded to a
at any time on or after July 1,
Dated Jan. 1, 1946. These bonds
Darien, ConnJ0-0^M;^:v
ticipation
Of
White,
Jan. 15 for the purchase
the following building bonds
.
bid
bonds
!!■<
m
44V $800. Due $800 July 1, 1947,
and $1,000 Jan. and July" 1,
tured
American Bank of
Orleans. The bonds are part
New
awarded to
(P. O. Shreveport), La.
Chicago. Bonds must be in nego¬
form and have all unma¬
with
City, or
at the National
Jan. 3—
Caddo Parish Sch. Dist. No.
amounting to $42,600, not exceed-;
tiable
Ropes,
York
Co., at
1.30%.
announces
payment on: Jan.
the Manufacturers Trust
due from
next
100.13
37,800 civil township bonds, Dev, •
nomination $1,000, one for
City.
de¬
livery of the bonds, the income
received by private holders from
terms
are
and
principal
payable as to
interest (F-A) at
Co., New
at holder's option,
and
non-callable
Kingsbury & Alvis, of New Or¬
leans, at a net interest cost of
1.29%. Dated Feb. 1, 1946. De¬
$35,000 refunding bonds, Nos. 1
to 35, dated Jan. 15, 1945. Denom¬
ination $1,000. Principal and in-i
terest accruing to Jan. 15, 1946,
will be paid on presentation of
the bonds to the Continental Ill¬
inois National Bank & Trust Co.,
In the event that prior to the
the
Treasurer,
for
call
of
Call—Fred
Bond
School
free of charge in New York
bonds
Sch. Dist. No. 64, III.
A. < Lessing,
Cock County
162, p. 3244—were
v.
registerable as to
nominations and
-
'rpy-r
bonds offered for sale on
.
..
Aug.
Bond Sale-r-The $335,000 school
Township (P. O. Rens" selaer), Ind.
1
(CST)
delivered
be
r
1, 1938 and mature on v
1 from 1947 to 1966 inclu¬
sive. Coupon bonds in $1,000 de¬
dated Aug.
LOUISIANA
nomination
Marion
ceive
15.
Dec.
on
Gray, Best, Coolidge & Rugg, of
Boston.
v
Indianapolis.100.80
,
Institutions
by Glas &
Crane, of New Orleans, at prices
to yield from 0.70% to 2.20%, ac¬
cording to maturity. The bonds are
Parish Sch.' Dist. No. 13
(P. O. Benton), La.
,
100.17
Corp.,
:
>
pur¬
furnished
be
favorable
/
■
•
made
being
is
bonds
,
Sch.
S'
.
a9 Louisiana (State of)
Bonds Publicly Offered—A sec¬
ondary offering of $1,406,000 State
Board of Education 4%% Educa¬
Bossier
of $95,Bond
Offering—H a r ley
&
300 construction bonds was favor¬
Bruce, Township Trustee, will re¬
ably ; voted at the election held
prepared un¬
der the supervision of the Birdgeport-City Trust Co.y~of Bridge¬
port, and they will certify as to
genuineness of the signatures of
the
officials
and "the
seal I. im¬
The
High
(P. O,
250
v
principal only or as to both prin- s
cipal and interest. The bonds are,
For l\i% Bonds
Indianapolis Bond & Share
:
Chatsworth), III.
will be
pressed on the bonds.
to
?
,
VV
Bank,
Chicago
City Securities Corp.,
Indianapolis I/..
; Bonds Voted—An issue
property within the
the Grand List of 1944.
bonds
First National
a
purchaser will
with a certificate
Assessor certify¬
there
No.
Dist.
of
classes
City
as
The
rate.
the
rate
certain
clas¬
to
as
lands
furnished
from
to
as
J <
amounting
Township
Chats worth
be
limit
„
favorably voted at
was
ad
may
property such
timber
ing
from
which
without
classes
fbe
interest
taxes
,T
*■>,
...
election held on Dec. 14.
the
be
and best.
The
payable as to both
be
and
Valorem
sified
$750,000
highest
f principal
levied
>
-
.
«
struction-bonds '
j bid
shall
bonds
the
bonds will
or
bidder- whose
the
to
made
for
*'
-
Bloomington Sch. Dist. No. 87, III.
Bonds Voted—An issue of con¬
to
as
$9,000,
triet.
of 1.85%.
•
,
No bid will be
less
for
a certified checlc
payable to the Dis- V
Enclose
nished.
toi 1966,
"
at the City
money
Treasurer's office.
r
rate of inter-
name one
.
tional and Charitable
■
v
1945. Payable from unad .valorem
taxes. The
4,
1947 to 1951, $3,000
$4,000 in 1967,
as
2s, and $16,000 maturing $4,000 Jan. 1, 1968 to 1971, as l%s,
interest J-J.
Dated Jan. 1, 1946.
The k next
highest
bidder
was
Bankers Bond Co., Louisville, for
$55,000 2s, and $20,000 2y4s, at a
price of 103.26, a net interest cost
$2,000 in
1,
in ,1952,
■
Bond
.
approving opinion of B. A. Camp¬
bell, of New Orleans, will be fur¬
$59,000 maturing Jan.
follows: for
1,
at
thorized
ville, jointly, at a price of 103.17,
a
net interest cost of 1.70%, as
.
$1,000/''
$75,000 general
These bonds are due
1948 to 1976.
Au¬
the election held on
$1,000.
March
limited
Shelbyville, Ky.
Bond Sale—The
successful
of the
Election—An issue of County. The County will pay for
sanitary sewage system the printing of the bonds. No
bonds will be submitted • to the conditional bids will be received.
voters tat the
election- held on Enclose a certified check for 3%
May 7.
- :
* .
of the bonds bid for payable to
the
Board
of County Commis¬
Tampa, Fla.
sioners.
v- "4.,
Revenue Certificates Validated
.•/ *,s •'
nVV-)'
—Validation has been completed
Marion County (P. O. Indianap¬
of the water revenue certificates
olis), Ind.
amounting to $500,000 for expan¬
Bond
Sale—The $40,000 court
sion v of the filtration plant and
house addition bonds offered for
che issue will be placed on ' the
sale on Jan. 5—v. 162, p. 2995—
market shortly. Legality approved
were awarded to John Nuveen &
oy Masslich & Mitchell, of New
Co., of Chicago, as 0.90s, at a price
York,4;;4^t4
:0S&
of 100.035,y a basis of about 0.893%.
Dated Jan. 15, 1946. Denomination
IDAHO
$1,000. These bonds are due $2,000
Boise. Indep.Sch. Dist., Idaho;A '
June and Dec. 15,' 1947 to 1956.
Bond Issue Approved—An issue
Other bidders were as follows:
of construction bonds amounting
Bidder
"
Price Bid
to $750,000 was approved at a re¬
For 1% Bonds
cent election.
*
RaffenspergeL Hughes
& Co.
-100.38
ILLINOIS
'
"
the
by
Chapman
will
City, Fla.
Lake
from 1947 to"1956.f;/
130,000 Nordhoff Union Elemen- 4 Bond
v'
tary
School District bonds. $225,000
.
1.198%.V
tiori
on
Dec.
the forms pro¬
on
basis
Net income
Auditor and ap¬
proved by the Board of Commis¬
sioners without additions, alter¬
ations or erasures. The opinion of
vided
or new buildings
contemplated, be furnished the
State Board of Education prior
to holding the election.
Angeles:
Los
of
Bank
tional
made
be
must
improvements
Security-First Na¬
awarded to the
deducting therefrom
premium, bid, if any). Bids
and
turity
—
1962, $16,000 in 1963," $17,000 in
1964, and $18;000 in 1965.
,-v,_
thereof to date of ma¬
date
from
The districts
failed to comply with the statu¬
Ventura), Calif.
tory change in
1943 which re¬
Bond
Sale
The following
quires that a special form of pe¬
bonds amounting to $275,000 and
tition, setting forth in detail the
offered for sale on Jan. 8 were
respectively.
000,
(P. O.
Ventura County Sch. Dists.
1946
Monday, January 14,
FINANCIAL CHRONICLE
THE COMMERCIAL &
236
■-.mi
Note
notes
Sale
—
temporary
The
amounting to
$300,000 and;
offered for sale on Jan.
p.
3244—were
First National Bank,
a
3—v. 162,
awarded
to
the
of Boston, at
discount of 0.474%.
Dated Jan.
due as
and
7, ,1946.
These notes
follows:
$15,000 on Sept. 20,
'Apf:;..
are
•
-.J".-
' ■,';J
,
.
i"
r.'
\1 \
'
,v
Volume
15, Nov, 8, and
Other bidders
Bidder
~
Day & Co.,
Rate
'
t
$300,000
MARYLAND
;
Y
-
:>l
'
:
■
:'V
;
Montgomery County (P. O. RockZ a
1
>
>
ville), Md.
■
4)4 Bond Sale—The $900,000 series
•>
1946, general improve¬
bonds offered for sale on
A issue of
ment
3125 — were
awarded to a syndicate composed
of
the
Union ; Securities
Corp.,
Jan.
v
8
—
v.
162,
Equitable Securities Corp., Coffin
& Burr, and Wm. E. Pollock &
Co., all of New York, at a price of
100,109, a net interest ; cost of
1.135%, as follows: for $150,000
maturing $50,000 Feb. 1, 1949 to
1951, as 3%s, and $750,000 matur¬
ing $50,000 Feb. 1, 1952 to 1966, as
Is.
Interest F-A. Dated Feb. 1,
1946.
Denomination $1,000.- The
highest bidder was the Union
Trust Co., Pittsburgh, for $900,000
iy4s, at a price of 101.278, a net
interest cost of 1.138%.
Other
bidders were as follows:
next
Price Bid
,
Hospital
Maintenance notes, at a discount of 0.375%. Due Jan. 10,
Tuberculosis
$4C0,000
3i».
1947.
#
;at
g§|
Phelps, Fenn & Co.,
For
$400,000
Salem
jointly,
$150,000, 4s, and
.55 %
-—-—-.
Bank,/
.55%
Gloucester
-100.02
1.172%.)
$360,000
Salem
_i-_-__i!-_—--. .,.45%
.45%
Beverly;National Bank-"—.
Offering
Howard
J.
«—
Hughes/; City Treasurer, will re¬
bids
ceive
until
(EST)
noon
17 for the
on
at dis¬
purchase
certified
be
ness
and
under
of
advise
to
genuine¬
said bank,
Storey, Thornas
validity
Notes
Boston.
of
Bank
by
dike, Palmer & Dodge of Boston.
awarded to
was
a
group
" 1
$900,000, 1.20S-/.--400.2122
?(Net interest cost 1.18%.)
:
/Halsey/ Stuart & Co.,
Hemphill, Noyes & Co.,
First of Michigan Corp., and
Walter, Woody &
Heimerdinger, jointly,
For $900,000,1.20s
100.053
(Net interest cost 1.195%.)
f
Jan.
1, 1946. De¬
Due' on Jan.
1, as follows: $37,000 from 1947 to
1956 inclusive, and/$36,000 ffdfti
Dated
1957
$1,000,
and interest
Second
Principal
inclusive.
1961
to
(J-J) payable at the
Bank of Boston.
National
Legalityr approved
by
Storey,
Thorndike, Palmer & Dodge of
Boston. Other bids were as fol¬
For
Price Bid
J
;
1% Bonds
W. H.
Newbold's Son & Co.,
Stroud & Co./and
Halsey, Stuart & Co., and
First of Michigan Corp.,
jointly
-—-—-——100.437
Sheridan, Bogan Co.,
jointly,
For $200,000, IVzS, and
' $700,000, 1.20s -———100.019
.
(Net interest cost
For
issue
.
.
:
& Co.,
Rambo, Keen, Close &
Kerner,
-
Webster Groves, Mo. >
• Offering—N.
E. Blask4,
"
1958
be
■
---100.758
cost 1.3145%.):^;^;;
H. S, Dickson & Co.,
Paine, Webber,. Jackson, &
Curtis,
Stern Bros.
v
and
*
& Co., jointly,
.
.
Operating Funds—
general fund will
accordance with
amendment approved by
charter
a
one
in
effected
bonds
the
The
voters
only
separate
.
•.
'•,
greatly
accounting
.
v
simplify mu¬
procedures Z
O. Taunton),
Mass.
Note
roy,
ceive
on
,
rated, at 0.465%.
,,
.
.
;
v
Franklin, N. H.
$160,000 - tem¬
porary notes offered for sale on
Jan. 8 were awarded to* R. L. Day
& Co., of Boston; at "a discount of
0.419%, Dated Jan. 9, 1946. De¬
nominations $25,000 and $10,000
') Note
Sale—The
These notes
other
due
are
Dec/16,1946
bidders
were
Bidder
jastfol-*
^.
-
i
:
Rate
,
First National Bank,
Boston
*
—j-.
—
0.435%
Harriman Rjlpley &
Co., Inc. —0.45%
Moseley & Co..—
0.46%
F. S.
Leavitt
&
Co
0.49%
-
Hillsborough County (P. O. Win¬
1
000 water main bonds
was
favor¬
ably voted at the election held on
>
•
V:
Grr-nd Rapids, Minn.
Bond
Resolution
Passed—The
Council passed a resolu¬
tion recently calling for^ an issue
of
airport
development
bonds
to $25,000.
appropriation for princi¬
of indebtedness.
ordinances provide for a
straight cash basis of operations
and relieve the Borough of cer¬
The
tain restrictive
the
by
has
covenants
carried
present bonds. The plan
carefully reviewed and
been
interest costs to the Borough will
be slightly over 3%; however, the
:
savings are substantial. The plan
will permit a slight reduction in
the tax -rate; however it is not
contemplated that any material
reduction will result except and
;
unless assessed valuations are ma¬
/
terially increased.,
(P. O. Hacken-<
Bergen County
4444.4^ sack), N. J.;y.\
; Bond
Offering — William R.
Smith, Clerk of the Board of /
Chosen Freeholders, will receive
sealed
16
bids
until
P.M.
2
on
Jan.
for
the'purchase of $450,000
funding of 1945, coupon or regis¬
tered bonds, not exceeding 6% in¬
terest. Dated Dec. 1, 1945. Denom¬
ination $1,000. Due March 1, as /
follows: $35,000 in 1947 and 1948,
.
and
chester). N. H.
Sale —The ' tax/
Note
.
$95,000 in 1949 to 1952. The
maturing in the years 1950
to 1952, both inclusive, will be
subject to redemption in the in¬
notes
bonds
-
'
at
be made
the
expense
the purchaser. Enclose
of
certified
a
check' for $3,500/ payable to the
City.
'
MONTANA
bids until
the
000
11
a.m.: on
Jan.
Mar.
15 for
Jan.
Dated
current
the
for
revenue
15,
Sept/1, 1948
year
or
validity by said bank, under ad¬
vice of Storey, Thorndike, Palmei
tion authorized
dormitory
-
.
bo n d
s
12
(P. O. Ogallala),
Issuance^~Oh Jan.
resolution will come; up for
a
& Dodge
by the County Board of
Commissioners, calling for the is¬
suance of the following 1%% re¬
funding bonds amounting to $25,/
passage
*
,
(P. O. Kimball),
as
of $75,000 community center
building bonds will be submitted
to the voters at
in the
Bond
beld
on
an
election to be
future.
near
Lyons, Neb.
Election—An
*
'
issue
of
Jan. 29.
*
,
.
-
-
000 2%
funding bonds was favor¬
ably voted at the election held on
Dec. 18. Dated Jan.
1, 1946. These
bonds are due on Jan. 1, 1956, op¬
tional Jan. 1/1951,
Ravenna Sch.
Bonds
Dist., Neb.
Voted —The
construction
bonds
$185,000
were
favor¬
ably voted at the election held
:
Jan.
3.
f-v
to
/
-J
at the Chemical Bank & Trust
for the
bonds/which shall not be
nor more than
$451,000, The bonds will be sold
to the bidder complying with the
terms of the sale and offering to
less than $450,000
for
bid the
the bonds
those first
maturing, and if two or more bid¬
ders offer to accept the same least
amount, then to the bidder offer¬
ing to pay therefor the highest
price. The purchaser must also pay 4
an amount equal to the interest on
accept
1946
of
&
NEW JERSEY
on
.4444-4-j4-:-
Avalon, -N. J* '' ''
••
$600,000 Debt Refunding
taken from the
minutes
of
the
State Funding
Commission meeting of Dec. 21: f
proposal Of the Borough of
looking towards the is¬
suance
of
$600,000
refunding
bonds of 1945 was now consid¬
ered, following the assent of the
Municipal Finance Commission to
the. final
passage
of the ordi¬
out¬
the
standing carries rates running up
to 4V2% and the refunding plan
produces an over-all saving of ap¬
proximately $160,000.00. The cou¬
pon rate on the new bonds is 3%
and 25%
of the new bonds are
callable. J. B. Hanauer & Co., fis¬
of
the
bonds
the
date
the
income
and
opinion of Hawkins, Delafield
Wood, of New York, that the
are valid and legally bind¬
bonds
'
ing obligations of the County. En¬
close a certified check for $9,000,
payable to the County.
(The above is a detailed descriptiop of this offering, previous
'
agents are in a position to ex¬
reference to which
change all of the Series A bonds
which are now outstanding and v. 163, p. 117.)
cal
to
by private holders from §
bonds of the same type and char- i|
acter
shall
be; taxable by the
terms of any Federal income tax
law, the successful bidder may,
at his election, be relieved of his g
obligations under the contract to
purchase the bonds and in such:
case the deposit accompanying his
bid will be returned. The success- /
ful bidder will be furnished with
The
presently
accrued
received
Avalon
debt
bonds
livery
Plans
The
amount
of payment of the purchase price.
In the event that prior to the de¬
—The following is
nance.
the
to
genuineness and valid¬
ity by said bank, under advice
Storey,
Thorndike,
Palmer
Dodge of Boston.
for
least amount of bonds,
be accepted being
1946 and due Dec
the
SUe
-
taxes
None
None
posal must! state the amount bid ../
20, 1946, at the National Shawmut
Bank of Boston. Notes will be cer¬
Bond Election Planned—^An is-
held
of
/•/// ■/;
later —None
1/20 of 1% and must be the same
all of -the bonds. Each pro¬
bridge, County Treasurer, will re¬
ceive bids until noon (EST) on
Jan. 15 for the purchase at dis¬
count of $150,000 notes issued in
Dated Jan. 15,
.
>
for
Nebraska
-
*
or
of Boston.
anticipation
y4%- None
None
None
None /None//
Co./ New York City. Rate of in- /
terest to be in multiples of lk or
Rockingham County (P. Or Ex¬
eter), N.H.
Note Offering—Earle. R, Stock-
444,44^
Plans Bond
2, 1946 at the First National
Bank of Boston. Notes will be au¬
issue of men's
an
construction
;
Principal and interest payable
at the County Treasurer's office
thenticated as; to: genuineness and
Dec. 18 the State Board of Educa¬
Vz%
Mar. 1, 1948—None
1946 and payable
Dec.
College (P. O.
Bozeman), Mont.
1,1947—
Sept. 1, 1947-1/4%
purchase at discount of $200,notes issued in anticipation Or
Montana State
Morrill Sch. Dist., Neb.
Bonds Voted—An issue of $25,-
Dassell, Minn.
amounting
$25,000.
These*, notes
$150,000 Dec. 3, 12, and
20, 1946. The next highest bidder
was J. P. Morgan &
Co./ Incorpo¬
quired
pal
.
will re¬
9.30 A.M. Village
Jan. 15 for the pur'cbase
$300,000 temporary notes,
at a discount.
(EST)
Denominations
due
for any unexchanged bonds with¬
out in any way disturbing the re¬
r
o
Bonds Voted—An issue of $10,-
Dec. 4.
Offering—Ernest W. Kil-
County Treasurer,
sealed bids until
//
National Bank of Boston, at a dis¬
count of 0.459%.
Dated Jan. 9
new plan are such that ade¬
quate provision will be provided
,,
i
MINNESOTA
;
awarded to the First
were
$800,00J. No bids for less
to the voters at the election to be
will
;
amounting to $300,000 that were
than
par and
accrued interest.
offered for sale ; recently,/were
Principal and interest payable at
awarded to the Merchants Na¬ verse order of their numbers on
a
hank designated by the /pur¬
tional Bank, of Boston, at a dis¬
Sept. 1, 1946, or any interest pay¬
chaser, subject to the approval of
count of 0.51%.
These notes are ment/date thereafter at the op¬
the City Council. Bids to be on
tion of the County on 30 days'
due on Dec. 12, 1946/ Other bid¬
forms furnished by the City Clerk.
ders were as follows:
published notice, at a redemption
f
' z .
The City will furnish the approv¬
Bidder
1
Rate price of par and accrued interest
ing Zbpinipti^
plus a premium equal to the
First National Bank,
nicht, of St/ Louis/and will pay
Boston
' 0.524% amount indicated, as a percentage
for the printing of the bonds and
of the par value of any bond so
First Boston Corp.,
the registration fee at the office
Boston
0.545% redeemed, by the following table;*
of the State Auditor. Delivery will
/
"'Z " Premium for bonds due
be made on or before Feb. 15,
Nashua, N. H.
If redeemed on: 1950
1951
1952
1946, in St. Louis, without cpst to
Note Offering—Alfred O. PouSept. 1, 1946- % % ■. % %
y4
'
the purchaser. Delivery elsewhere
lin, City Treasurer, will receive
$25,000 auditorium and recreation
building bonds will be submitted
nicipal
Jan. 8
authorized
an
public schools and utilities. Elim¬
ination
of
the
many
separate
.
0 MASSACHUSETTS
Bristol, County (P.
of
part
are
issue of
funds/maintained 4n the future
will be for debt service, pensions,
$100,000, 3%s, and /.
/■
$800,000, iy4S —
---100.086
.
multiples of oneand shall be the
1%,
for all of the bonds. These
funds
,
interest cost 1.3185%.)^
in
final maturity date
the fact that the
agents
cannot
exchange
prevent proceeding under the
plan. The serial maturities set up
$450,000 tem¬
notes offered for sale on
porary
1961, and $21,000 in 1962
Kimball County
For
(Net
to
to 1965. Bidders to name the rate
interest
by
bonds
are
100% of the bonds forthwith does
Sale—The
lows:
of
held
now
Co.
&
not
Dover, N. H.
.
tified
Detroit, Mich.
funds into
.
1, as follows: $10,000 in
1956, $1,000 in 1957 to 1961, and
$2,000 in 1962 to 1966; optional It
years from date.
The
Consolidation of 34 city operating
(Net interest
Otis & Co.,
sealed
.
Consolidate
$750,000 1J/4S
receive
$6,000 bridge bonds.
19,000 court house and jail bonds.
MICHIGAN
Nashville,
J-
will
000:
For
.Harvey Fisk&
Laidlaw & Co.,
V
*
.
101.07
jointly
are
which carry a
of
1980, thus
1, 1946. Denomination $1,000, Due
Feb. 1, as follows: $12,000 in 1947,
$14,000 in 1948 and/1949/$15,000
in 1950, $18,000 in 1951 and 1952,
$19,000 in 1953 to 1957, $20,000 in
■■■
li/% Bonds
which
Hanauer
B.
fiscal
.
lic improvement bonds. Dated Feb.
100.346
(Net
:
Clerk,
bi.ds until 8 P.M. on Jan. 14 for
the purchase of the $350,000 pub¬
Keith County
John Nuveen & Co.,
jointly,
Sons,
and
Bioren & Co., jointly,
For $150,000, 3%s, and
Legality V Approved—-An
3^4%
levee ; bonds
Bond
.
.
Weeden & Co., and
1
bonds
J.
on
Sept. 18, 1945.
Dated March 1,
1946.; Denomination $1,000.
Due
are
amounting to $67,000 has been ap¬
proved as to legality by Charles
& Trauernicht, of St. Louis. These
bonds are dated Dec. 1, 1945.
City
B bonds which
better than 70% .com¬
assure
pletion of the plan forthwith. The
were
$10,000/and $5,000.
,
NEBRASKA
and
tion of the Series
March
19 4 6.
Mar. 5.
on
;
^
Hyannis Trust CoM
Hyannis ———100.279
$900,000, l%s ——100.03
interest cost 1.247%.) |?
Commerce Union Bank,
r
'
For
•
.
Dolphin & Co., and
C. T. Williams & Co.,
of
amounting to $500,000..
jointly
B. J. Van Ingen
;
Bank,
Lee Higginson Corp.,
F. S. Moseley & Co.,,
cost 1.228%.)
/Shields & Co.,
issue
of
Kidder/ Peabody & CoM
--—-100.283
$900,000, 1V4S
(Net interest
'
'Boston,
l%s. These bonds
serially and in addition
.exchange a substantial por¬
can
will
Bond Issuance Authorized—On
Townsend, Dabney &
Tyson, and
Laidlaw & Co., jointly -.100.399
First National
was. pur-
.
authorized at the election held
Note
/ Ray County Levee Dist. No. 6
(P. O. Richmond), Mo.
W, E. Hutton & Co.,
1
bonds
Nov. 23 by the First Na¬
on
of par, as
it
Election—An
election to be held
will
lows:
/Bidder.
airport
mature
of
tional Bank, of Wahoo, at a price
Citym Mo.
parking and underground garage
bonds amounting to $2,000,000 will
same
water/ bonds offered
coupon
nomination
& Co., Inc.,
j
"1
Kansas
eighth of
Mass.
Z
issue
in the
,
Note
$25,000
Chased
Neb.
Purchased—An
NEW HAMPSHIRE
MISSOURI
>
Bond
.43%
,45%
Bonds
basis of about 1.728%.
come
Loan
Merchants; National Bank,
0.90%.
Sons,
1952
.
Salem—.57%
For
237
Wahoo,
1950, $2,000 in 1951, $1,500
to
1955, $2,000 in 1956,
$1,500 in 1957 to 1960, $2,000 ill
1961, and $1,000 in 1962. Net in¬
Naumkeag Trust Co.,
Naumkeag Trust Co_
Cape Ann National Bank—
CHRONICLE
be submitted to the voters at the
composed of Coffin & Burr, Estabrook & Co/ and R. L. Day &
Co., all of Boston, as Is,-Vat a
price of 100.71, a basis of about
Blyth'& Co., and
.
'-f
,l;,.
■
1947 to
in
Bond
Bank,
Cape Ann National
000
1.2261 %.)
Harriman Ripley & Co., Inc.,
; Smith, Barney & Co., and First Boston Corp., j ointly,
«;w-
■
.
Loan
Merchants National
Jan. 10
Ferris & Co./
...
•:.
'"■
■'
MISSISSIPPI
Rate
Yarmouth,
Blair & Co., Inc.,
■
/y Monticello, Miss.V^.-'
Bond Sale Details—The $25,000
industrial plant
bonds awarded
recently to Harrington & Co.,, of
Jackson/ as l%s, at a price of
100.156—v. 162, p. 3245—are in
denomination of $500 and mature
on
Jan. 1, as follows: $1,500 in
follows:
as
Bidder
Bond Sale—The issue of $550,-
D, A. Pincus & Co., j
Thomas & Co., and
/Braun, Bosworth
;
'jointly,
1946. Denomina¬
each/ Other bidders
$5,000
were
Eastman, Dillon & Co.,
Charles Clark & Co.,
Alex. Brown &
'
Dated" Jan, 10,
tion
will
——100.023
1.1682%.)
v$750,000, Is
(Net interest cost
Due
count iof $750,000 notes issued in
anticipation of. revenue for 1946.
Dated Jan. 17, 1946 and payable
Nov.
5,
1946, at * the National
For
For
April 1, 1946.
; M
0.40%.
of
discount
a
Shawmut
$50,000, 4s,
/;/ $550,000, Is and
$300,000, iy4s
(Net interest cost
Z Hospital
Tuberculosis
: /
"ij1;; Maintenance Renewal notes,
Jan.
Glore, Forgan & Co.,
/Mellon Securities Corp.,
Pittsburgh/and
Mackubin, Legg & Co.,
i-."
)'
County (P. O. Salem), Mass.
Sale—The following notes
amounting to $760,000 and offered
for sale on Jan. 8, were awarded
p.
Bidder
4:-^'z///•'/.
Note
.51%
-
■
/,
.
Essex
860,000
.
''
-
$200,000 ^/-m—.48%
For $100,000
.53%
Leavitt & Co.,
'■
•(„■
to the Gloucester National Bank:
For
,
•.
,v
THE COMMERCIAL & FINANCIAL
,were:/''.i.'J
For
■!<. f
i, "
v.,
Number 4455
163
$50,000 on Oct.
Dec.
27,
1946.
R. L.
'
-I1;^^^A;:'^V';4 4
V^:'V.'o- w'
'vr•
was
made
in
,
Monday, January 14, 1946
FINANCIAL CHRONICLE
THE COMMERCIAL &
238
I*
Approved—An issue
Bond Issue
refunding bonds was
approved by the State Funding
of
$22,000
J.
Bonds Approved—On
Dec. 28
the State Funding Commission ap¬
N.
\
ing to $1,000,000.
for
an
bonds.
Dist., N. J.
Approved—On Dec.
,17 the State Funding Commission
approved an issue of $79,000 re¬
Tuckerton Sch.
ceive
following coupon or regis¬
tered bonds amounting to $363,-
$280,000 first water district bonds,
f'
Due Feb. 1, as follows: $6,000
Kendall), N. Y.
W. Tuck¬
(EST) on
for the purchase of $25,-
sealed bids until 2 p.m.
18
Jan.
000
1986.%
registered
or
coupon
garage
not exceeding 5% inter¬
Dated Jan. 1, 1946. Denom¬
est.
of paying the
construction of a.
school bus garage, the period of
the
for
5
-
purpose
the
of
cost
usefulness of which is
The statutory authority
for the power to expend money
ior the construction of said gar¬
age is the Education Law. In the
event that prior to the delivery of
probable
20
years.
relieved
additions > to
finance
system
maintained by
supply
upon
*
issued to
the water
established and
the First Water
system in the Sec¬
ond Water District, and such im¬
provements are objects or pur¬
poses for which Section 198 of the
Town Law of New York author¬
izes
The
the
Town
spend
to
money.
period of probable usefulness
object or purpose is
bonds, will be deliv¬
ered at the office of Vandewater,
of each such
Sykes & Heckler, of New York,
New York, about Jan. 25, 1946, or
validation
The procedure for the
of the bonds provided
in Title 6 of Article 2 of the Local
Finance Law have been complied
40
Holley, N. Y., office of the
Marine Trust Co., of Buffalo, at
at the
years.
with.- No
payment
down
is
.
be
issue
of
$150,000
certificates amounting to
recently
the
to
County Trust Co., of White Plains,
at 0.315%. Dated Jan. 15, 1946.
These certificates are due on May
1,
bidders
Other
1946.
follows:
were
as
Rate
;%
First National Bank,
-•
0.42%
Boston
,
First National Bank,
/;
0.44%
Mount Vernon
Sale—The $143,000
100.109,
1.90s,
as
a
basis
Dated Dec.
$1,000.
Dec.
for
at
a
price
are
due
'
"
on
1, from 1946 to 1960. The next
4
V'
Super¬
check
certified
a
Triborough Bridge Authority, N. Y.
Definitive Bonds Ready—Chem¬
ical
Bank
York
and
Trust; Company,
City,
announces
that
definitive bonds for the 2% sink¬
ing fund revenue bonds (1945 is¬
sue), due Feb. 1, 1980, and the
234% serial revenue bonds (1945
issue) will be available for ex¬
for temporary
Yonkers,
Note
Sale—The
N.
bonds
Jan.
sealed
bids
15
for
the
obligations under the contract to
purchase the bonds and in suph
case,
the deposit accompanying
the bid will be returned. Enclose
at his office in
purchase
ceeding 6 %! interest:
*
,
5
; as follows;
$10,000
in
held
ers from bonds ? of the same type
and character shall be taxable by
the terms of any
Federal income
Taw^ the successful bidder
at his election, be relieved of
his obligations under the contract
to purchase the bonds and in such
case the deposit accompanying his
bid will be returned. The right to
tax
may,
;
until 11
the
on
Y.
discount of 0.25%.
1946.
Denominations $100,000 and
$50,000.
These notes are
due on
\
not exceeding &%
Jan.
due
1, 1946. De¬
These bonds are
1955. Rate of inter¬
be in multiples of % of 1 %.
Jan. 1,
on
est to
Geri^ral
unlimited
obligations;
tax; delivery at place of pur¬
chaser's choice. No bids for less
par* and ' accrued interest.
Principal and interest payable In
New York City.
The approving
than
opinion of Reed/ Hoyt & Wash¬
burn; of New York City, will be
furnished the* purchaser.
In the
priorto the delivery of
event that
by
the bonds the income received
the
bonds at the
lowest interest
cost to the County, such
cost to
determined by deducting the
total amount of the premium bid
be
companying his bid will be . re¬
turned. Enclose a certified check
for
payable
$200,
State
the
to
Treasurer.
amount of in¬
terest upon all of the bonds until
their respective maturities. No bid
for less than all of the bonds will
be & entertained.
The approving
from the aggregate
opinion
of
Storey,
Thorndike,
of Boston, will
be furnished the purchaser. In the
event that prior to the delivery of
the bonds the income received by
Palmer
& Dodge,
his election, be
relieved of his obligations under
the contract .to purchase the bonds
and, in such case, the deposit ac¬
companying his bid will be; re¬
turned. Enclose a certified check
Easter-
DAKOTA
NORTH
Sargent Sch, Dist.> (P. O. Cogs'*
well), N. Dak.
■;
Bonds Purchased—An issue pf
for
offered
bonds
school
$5,000
sale
July 9, was purchased re¬
on
cently by the Bank of North Da¬
kota, of Bismarck, as l^s. These
bonds aire due on Aug. 1, 1946 to
1955.
*
OHIO
Bainbridge Local Sch. Dist/ (P. O*
Chardon), Ohio
y
y
Bond Sale—The $26,000 school
bonds offered for sale on Jan. 4—
awarded to
Co., Inc., of
for, $2,540, payable to the State Toledo, as 134s, at a price of
Treasurer.
100.707, a basis of about 1.439%.
leigh, until 11 A.M. (EST) on Jan.
Dated Jan. 4, 1946.; These bonds
15
for the
purchase of $45,000
Randolph County (P. O. Ashe- '
are due on Sept. 1, from 1947 to
building bonds, not exceed¬
school
ing 6% interest/ '
Dated
Bond
t
'
$4,000 in 1946 to 1950, and $5,000
in 1951 to 1955.
Registerable as
on
the interest rate
or
der
ination
due on
but
no
bid
specify in
may
amount of bonds of each rate. The
bonds will be awarded to the bid¬
der
offering to purchase the bonds
County, such cost to be determ¬
ined
.
by
■ deducting
.,
the
total
in Ra¬
$1,000.
Jan. 1,
■
Bidder—
-
&
>
-t
VJ
' 100.19
'ui
&
100.23
,,-100.80
;:,-r%%//*VJ ' -'H-J
2 fa
—_
'3v1;V-%;V".
6% in¬
100.33
■
Cincinnati—1®4%
Co.j:
,
Columbus, Ohio
Bond
Sale Postponed—The sale
1955
and
$500,000 electric' light ex¬
of the
tension fund No. 33 bonds,
1956, and $10,000 in
.
i
.V'./v
../j'
r". ;;
-./-.y,
J
Bank
Savings
Trust Co.,
Bid
.
l»/2%
1 Vt, c/e
'•
i">
trice.
Rate.
Bank, Burton
Provident
Pohl
'.
■
Sutherland & Co.—..
Ryan.
First National
Denom¬
These bonds are
as follows: $20,000
/:
•
:
-y i
y...
'
bid¬
the
j at the lowest interest cost to the
at his office
fdl-
1971. Other bidders were as
lows:/
1957.
name
his bid
15,
163, p. 118—were
Stranahan, Harris &
v.
origin¬
Registerable as to principal ally scheduled for Jan. 10—v. 103,
only; general obligations; unlim¬ p. 118—was postponed.
ited tax; delivery at place of pur¬
Dayton, Ohio
/Vv *
chaser's choice. Principal and in¬
Bond
Offering —E. E. Hageirterest payable in New York City.
Bidders are requested to name man, Director of Finance, will re¬
ceive sealed bids until noon-on
the interest rate or rates in mul¬
Jan. 22 for the purchase of $53,tiples of 34 of. 1%. Each bid may.
name more than two
rates, and 000 13/2% fire apparatus bonds.
Dated Jan. 1, 1946. Denominatibn
each bidder must specify in his
bid the amount of bonds of each $1,000. Due Nov. 1 as follows: $5.000 in 1947 to 1953, and $6,000 in
rate. The bonds will be awarded
1954 to 1956. Bidders may. bid for
to the bidder offering to purchase
in
rates in
than two rates, and each
must
Jan.
pon bonds, hot exceeding
terest. Dated Jan. 1, 1946.
multiples of 34 of 1%.
Each bid
may name one rate for part of the
bonds
(having the earliest ma¬
more
Easter-
leigh for the purchase of $50,000
road and bridge refunding cou¬
principal only; general obliga¬
tions; unlimited tax; delivery on
or about Feb. 4, 1946, at place of
purchaser's choice. Principal and
interest
payable in
New York
City. Bidders are requested to
to
name
boro),N.C.
Offering—W. E.
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids until 11 A.M. (EST)
Dec.
1, 1945. Denomina¬
tion $1,000. Due Dec. 1, as follows:
for sale on
to the First
Dated Jan. 15,
Jan. 15 for
on
private holders from bonds of the
same type and character shall be
taxable by the terms of any Feeltwo rates for either issue;; and
era! income tax law, the success¬
each bidder must specify in his
ful bidder may, at his election, be
bid the amount of bonds of each
relieved of his obligations under
rate. The bonds will be awarded
the contract to purchase the bonds
to the bidder offering to purchase
and in such case the deposit ac¬
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in. Ra¬
balance,
tem¬
(EST)
a.m.
nomination $1,000,
ful bidder may, at
E.
Dift,,
W/ E/ 4aster%
purchase of $10,000 refunding
coupon bonds,"
interest. Dated
$1,000.
the State Treasury,.
Offering—W.
-
ling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his office in Raleigh,
private holders from bonds of the
same type and character shall be
taxable by the terms of any Fed*
eral income tax law, the success¬
Bond
Jan, 8.
on
Bond X>fferi«fr
196$,
reject all. bids is reserved. Bids
to be on forms furnished by the
above Secretary. Enclose a certi¬
fied check for; $1,500/ payable to
Burke County (P.O. Morganton),
North: Carolina
-of
Was hington P uj>licSc h.
1, 1945. Denomina¬
Registerable as to
principal only; general obliga¬
tions/unlimited tax; delivery at
place pf purchaser's choice.
A
separate bid for each issue (not
all of the
respective ma¬
turities. No bid of less than par
and accrued interest will be en¬
tertained. The approving opinion
of Masslich & Mitchell, of New
Yorit City, will be furnished the
purchaser. In the event that prior
to the delivery of the bonds the
income received by private hold¬
%
issue
Voted— An
Bonds
Date&sDeo.
until Hheir
- -p
$100,000 water works bonds was
favorably, voted ». at thej election
$20,000 in 1964 and 1965, and
$21,000 in 1966 and 1967.
j
tion
$1,000, pay¬
Sanford, N. C.
$35,000 road and bridge bonds.
;
Due $7,000 June I, 1963 to
1967.
1
% -vV'Vr ' %
92,000 school bonds. Due June j,
:
certified check for
a
able to the State Treasurer.
of the
-
income tax
the successful bidder may,
election, be relieved" of his
law,
at his
following coupon refunding bonds
amounting to $127,000, at not ex¬
amount of interest upon
bonds
:
•
ceive
type and char¬
by the
of any Federal
terms
Raleigh,: until II A.M. (EST) ojn
turities), and another rate for the
$600,000
porary notes offered
Jan. 4 were awarded
i
.
Street Im¬
(having the
of National Bank in Yonkers, at a
of about 0.885%.
bonds
Enclose
Town
$7,260, payable to the Town.
build¬
1, 1945. Denomination
These
visor.
of the
and after Jan. 7, 1946.
ing bonds offered for sale Jan. 8
—v. 163, p. 117—were awarded to
the Bankers Trust Co., of New
York,
consent
change
(City and Town) Union
Free Sch. Dist. No. 1, N. Y.
Olean
Bond
specified by the purchaser with
the
New
.
Bidder
a
En¬
certified check for $900,
,
Sale—An
awarded
$29,00,0
re¬
The successful
option of the purchaser. The quired by law.
approving opinion of Vandewater, bidder will be furnished with the
opinion of Reed, Hoyt & Wash¬
Sykes & Heckler, of New York
that the
City, will be furnished to the pur¬ burn, of New York,
chaser without
cost.
Enclose a bonds are valid and binding ob¬
certified check for $500, payable ligations of the Town. Delivery
on or about Feb. 1, at the office
to the District.
of the
Town Supervisor, or
at
Mamaroneck (P. O. Mamaroneck),
such other time and place as may
the
was
of
payayble in New York City.
Bidders are requested to name the
interest rate or rates, in multiples
of y4 or 1%. Each bid may name
one
rate for part of the bonds
water supply
The
York
close
terest
Second Water
District bonds are to be issued to
finance the cost of constructing a
of
New
the deposit accompany¬
the payable to the State Treasurer;
$29,000 Sanitary Sew¬
and
$17,000
Water
Registerable as to princi¬
pal;, general obligations; unlim¬
ited
tax; delivery on or about
Feb. 4,
1946, at place of pur¬
chaser's choice. Principal and in¬
the
and
District
may,
Certificate
purchase the bonds and i'n
case
ing his bid will be returned.
bonds.
District bonds are.to be
deposit accompanying his bid will
be returned.
Procedure for the
validation of said bonds provided
in Title 6 of Article 2 of the Local
Finance Law has been complied
with.
such
bonds
er
property and have been au¬
thorized
pursuant to the Local
Finance
Law.
The First Water
at his election,
his obligations
under the contract to purchase
the bonds and in such case the
bidder
be
taxes
valorem
ad
limited
private holders from bonds of the
same type and character shall be
taxable by the terms of any Fed¬
eral income tax law, the success¬
ful
obligations under the con-
traeL«to
assessed),
real
received by
the bonds the income
Federal income
earliest maturities),
and another rate for the balance,
but no bid may name more than
two rates, and each bidder must
less than par and accrued inter¬
specify in his bid the amount of est) is required. Bidders are re¬
bonds of each rate. The bonds will
quested to name the interest rate
be awarded to the bidder offering or rates in multiples of J/4,
for less than all of the bonds will
of, 1%;
to purchase the bonds at the low¬ each bid
be % considered.
may name one rate for
The purchaser
est interest cost to the City, such
must pay accrued interest from
part of the bonds of either issue
cost to be determined by deduct¬
the date of the bonds to the date
(haying the. earliest maturities)
ing the t(^al amount of the prer and another rate for the balance,
of delivery Said bonds are gen¬
mium
bid
from' the aggregate but no bid may name more than
eral-obligations payable from un¬
Local Finance Law
and the
any
law, the ■; successful bidder
at his election, be relieved
may,
provement bonds (no part of the
cost of which is to be specially
1, as follows: $1,000
Law
be; taxable
1948 to 1962. The bonds are a con¬
solidation
$500. Due July
Dated Feb. 1, 1946. Denomina¬
in 1947, and
tion $1,000. Rate of interest to be
$1,500 in 1948 to 1963. Rate of in¬
in multiples of lk or one-tenth of
terest to be in multiples of 34 or
one-tenth of 1%, and must be the 1%, and must be the same for all
same for all of the .bonds.
Prin¬ of the bonds, Principal and inter¬
est payable at the Auburn Trust
cipal and interest payable at the
Holley
Branch of the Marine Co,, Auburn. The* bonds will be
awarded to the bidder offering
Trust Co., of Buffalo, Holley, or
the lowest rate of interest, with¬
at the Marine Midland Trust Co.,
out reference to premium and if
of New York, New York City.
two
or
more
bidders offer the
Said bonds are issued pursuant
to the Constitution
and statutes same lowest? rate the bonds will
of the State of New York, includ¬ be awarded to the bidder offer¬
ing among others, the Education ing the highest premium. No bid
inations $1,000 and
same
acter-shall
of
prior to the de¬
In the event that
purchase5 of $75,000 - public • im-. Montgomery County (P. O-Troy),
North Carolina
,j
provement coupon bonds, nor. ex¬
Bond Offering—W. E% Easteitceeding 6% interest.
5
- . ,
% Dated Dec. i, 1945. Denomina¬ ling, Secretary of the Local Gov¬
tion $1,000. 'Due $5,000 June
1, ernment/Commission, will re¬
83,000
second * water > district
%% bonds. Due FebrM, as fol¬
lows; $2,000 in 1947 to 1983,
and $3,000 in 1984 to 1986.
bonds,
bonds of the
terms
tax
of his
(EST) on Jan. 15 for
11 A.M.
•%,-in 1947 to 1961, $7,000 in 1962
to 1971,! and $8,000 in 1972 to
receive
will
Clerk,
District
er,
5% interest:
000, not exceeding
the
%
ling; Secretary Local Government
Commision, will receive sealed
bids at his office in Raleigh, until
the
Kendall, Carlton and Murray Cen¬
tral Sch. Dist. No. 7 (P. O.
Bond Offering—John
17
Jan.
on
|f|
NEW YORK
will re¬
bids until 3:30 p.m.
for the purchase of
sealed
and character shall be taxable by
livery of the bonds the income
received by private holders from
Easter-
E.
accrued
entertained. The
be
from bonds of the same type
ers
C.'fy
Offering—W.
Bond
Y.
Supervisor,
Town
ton,
funding bonds.
Belmont, N.
will
interest
approving opinion of Reed, Hoyt
& Washburn, of New York City,
will be furnished the purchaser.
%72%
CAROLINA
NORTH
-
City, will be furnished the
purchaser/ In the event that prior
to the delivery of the bonds the
income received by private hold¬
Bank,
>^.
lowest
County,
bid for Jess than par and
York
,
.m,64 %
York
New
.55%
5
the above
the
to
determined by
be
Secretary/The approving opinion
of Masslich & Mitchell, of Ney
:
„
Yonkers, jointly
:
forms furnished by
on
.54%
interest
such cost to
deducting the
total amount of the premium bid
from the aggregate amount of in¬
terest upon all of the bonds until
their
respective . maturities.' No
cost
the
at
bonds
the
est will be entertained. Bids to be
'v.?-
and
1
Central National Bank;
Offering—William E. Ax-
Bond
National Bank,
National City
(P. O. Owasco), N.
Owasco
•
__-^%v;50%
New York,
r/'-V For 1% Bonds
Bond Issue
Price Bid
'J ,i%/:
•
Co., New York_^Chase National Bank,
,_100.029
Co., jointly f
&
,
Trust
/
Nashville, and Sherwood
w
<
Central Hanover Bank &
17 Hemphill, Noyes & Co., __100.649
ordinance calling C. J. Devine & Co., and
$17,000 6% flood Tilney & Co., jointly
100.61
Halsey, Stuart & Co.
100.262
issue of
an
control
.90% Bonds
Council on Dec.
Village
considered
,
J.
Considered—
Ordinance
Bond
The
\
Orange, N.
South
'
.
Westchester,
Boston
Wood, Struthers & Co.
100.079
Barr Bros. & Co.
—-—100,069
C. F. Childs & Co.,
Commerce-Union Bank,
bonds amount¬
proved the funding
First
Price Bid
For
^
Newark,
Bidders
Yonkers
Bidder
Commission on Dec. 17.
t
Bank of
premium bid from
aggregate amount of interest
upon all of the bonds until their
respective maturities. No bid Of
less than par and accrued inter¬
the
as
follows:
as
were
amount of the
Sept. 16, 1946. Other bidders were
follows:
'
\
'
- .
-
highest bidder was the Lee Higginson Corp., and Geo. B. Gibbons
& Co., Inc., jointly, for 0.90s, at a
price of 100.089. Other bidders
O. Ellis-
(P.
burg), N. J.
Township
Delaware
i
...
•
- 1
•.
.
•
Volume
,i
different rate
multiple of
of
interest
in
400,000
county
home
hospital
bonds, at a price of 100.0121,
a basis of about 0.999%. Due
/; from 1947 to 1968.
a
*4
of 1%.
Principal
payable in Dayton or
at the fiscal agent of the
City in
New York. The
approving opinion
1 and interest
bonds
shall
City
be
delivered
Treasurer's
bahk in Dayton
'purchaser
full
:
at
the
at
or
for
such
bonds
of
the
bonds
bid
bonds
upon,
Children's
awarded
the
to
price of 101.816,
to the
1.097%.
Bank
Ohio
Co., of Columbus, as
price of 101.321, a basis
1947
$15,000
1968.
bidder
Nov.
on
The
Co., Inc., for 114s,tat
101.071.
iy4s,
Other
were
highest
Bosworth
a
bidders,
&
price -of
all for
follows:
as
,
_—L:_ L
_
>
& Co.__
100.544
J. A. White & Co.100.542
Hayden, Miller & Co.______100.524
Fahey, Clark & Co._______100.21
Stranahan, Harris & Co., ; ■/Inc.
w
Offering
man, Clerk
Lester
—
receive
V4s, at 102.097..
at
the
Nov.
'"check
general
6.;
(P. O,
for
$1"00Q.
bids until
sealed
Jan. 18 for the
noon on
bids
previously reported in
P.-118.)
bonds
the
authorized at the
eral election
gen¬
Nov. 6,^1945.
on
No
hid for less than par and accrued
interest. Enclose a certified check
163,
v.
for
$1,640,
payable
the "Board
to
of Education.
Bond
Hillsboro, Ohio
Offering—Ruth M. Daub,
;
Clerk of the Board of Education,
will
receive
noon
on
Of
1
Jan.
$130,000
buildine
bonds.
vi
bids
water
until
stadium
construction
Dated
March
due $5.0f>o
on
1946.
These
De-
to
Mar"** inH
si
___
inspection.
of the District.
for
ex¬
Enclose
SI.500.
a
pay¬
'
Sale
Bond
—
The
bonds offered for sale
162,
$1,350,000
on
Jan. 4—
iy4s, at
Is,
as
Co.,
of
follows:,
Cincinnati,
f
about
as
0.992%.
Due
'
basis
of
Bond
y
South Charleston, Ohio
Bond Sale — The $30,000 water
works
Jan.
bonds
7
v.
—
awarded
to
offered for sale
162,
of
South
the
p.
3127—
First
State
Charleston,
on
were
Bank
34s,
at
price of par. Dated Jan. 1, 1946.
Denomination $1,000. These bonds
as
a
are
due
$1*000 on March and Sept.
1, in 1947 tq JL961,4ficlusive. v The
next
highest bidder; was J. A.
White & Co., for iy4s, at a
price
Of 100.37.
*
;
'■
Blodget,
v
_
$1,650,000 series A, road and high¬
way
bonds, at a *price of
"100.004, a net interest cost of
1.193%, as follows: For $150,000 maturing
$75,000 Feb. 1,
1949 and
1950, as 6s, $75,000
;
/ maturiing Feb. 1, 1951, as 4s,
$75,000 maturing Feb. 1, 1952,
as
2y4s, and $1,350,000 ma¬
turing $75,000 Feb. 1, 1953 to
1970, as Is.
*
v
700,000 separate school bonds, at
•
.
500,000 Storm Sewer bonds at a
L price of
100.02, a net interest
Ban¬
cost of 1.197%, as follows: For
$88,000 maturing $22,000 Feb.
1, 1949 to 1952, as 4s, $22,000
p. 3127—-were awarded to a syn¬ j
dicate
maturing Feb. 1, 1953, as 2y4s,
composed
of
Stranahan,
and $390,000 maturing Feb.
Harris
&
Co., Inc., of Toledo,
1,
/I $22,000 in 1954 to 1970, and
Braun, Bosworth & Co., Inc., and
,/ j $16,000 in 1971, as Is.
; •
Ryan, Sutherland & Co., of To¬
500,000 Water Works bonds at a
ledo, as IVzS, at a price of 102.44,
a
basis of about 1.32%.
price of 100.02, a net interest
Dated
:
•
162,
price of
// cost
-of
1.197%,
as
100.031, a net in1.193%, as fol¬
.$64,000 maturing
$32,000 Feb. 1, 1949 and 1950,
as
6s, $32,000 maturing Feb.
1, 1951, as 4s, $32,000 maturing Feb. 1, 1952, as 2J/4s, and
$572,000
maturing
Feb.
1,
/ /: terest cost
lows:
/
,
Dec. 1, 1945. Denomination $1,000.
Webber,
'
•
$200,000
Paine,
Co., Hemphill, Noyes & Co,, Mer¬
rill
Lynch,
Pierce,
Fenner
&
Beane, Equitable Securities Corp.,
Hallgarten & Co.,. Coffin & Burr,
all of New
York, W. E. Hutton &
Co., of Cincinnati, Kebbon, McCormick & Co., A. C. Allyn &
Co.,
both of Chicago, G. H. Walker &
Co., of St. Louis, Charles Clark &
Co., D. A. Pincus & Co., both of
New York, Otis &
Co., of Cleve¬
land, Chace, Whiteside & Co., of
Boston, Ranson-Davidson Co., of
Wichita, and Prescott, Wright &
Snider Co., of Kansas
City:
$1,500,000
Sanitary
Sewer
and
Sewage Disposal Plant bonds,
L at a price of 100.013, a net
L/ interest cost of
1.198%, as fol¬
lows: For $264,000
maturing
\
,,$66,000 Feb. 1, 1949 to 1952,
as
4s, $66,000 maturing Feb.
/'■ /
1, 1953, as 2y4s, F. & A., and
$1,170,000 maturing Feb. 1,
/ / $66,000 in 1954 to
1970, and
/
$48,000 in 1971, as Is.
croft Grade Elimination bonds of¬
for sale on Jan. 8—v.
Inc.,
Jackson & Curtis, Kean, Taylor &
Cormick & Co., A. C. Allyn &
Co., both of Chicago, G. H. Walk¬
er
& Co., of St.
Louis, Charles
Clark & Co., D. A. Pincus &
Co.,
both of New York, Otis &
Co., of
Cleveland, Chace, Whiteside &
Co., of Boston, Ranson-Davidson
Co.",; -.of Wichita,
and
Prescott,
Wright & Snider Co., of Kansas
City:
t ,
Toledo, Ohio
jl Bond Sale—The
Co.,
Phelps, Fenn & Co., F. S. Mose¬
ley & Co., Stone & Webster and
Beane, Equitable Securities Corp.,
Hallgarten & Co., Coffin & Burr,
all of New York, W. E. Hutton &
Co., of Cincinnati, Kebbon, Mc-
These
bonds
are
due
Dec.
on
follows:
; /
1,
-
=
of
For
•
•>
,,
about
0.984%.
from 1947 to 1967.
Due
purchase bonds will be submitted
;'■
;
,
//'//■/''/
Offering—Elmer
bids until
noon on
purchase
of
.Jan. 19 for the
the
following
2%
to the voters at the election to be
held
p.
cate
9
sewer
$1,000,
bonds.
one
Denomina¬
for $950. Due
$12,950
June,
and
$13*000
Dec. 1, 1947, :$12,000 June, and
$13,000 Dec. 1, 1948 to 1955,
and
$13,000 June and Dec. 1,
1956 to
1971.
lows:,
;
Jan. 22.
ofered for sale
$641,950
tion
on
Oklahoma City Sch.
Dist.^ Okla.
Bond Sale—An issue of school
bonds amounting to $1,500,000 and
bonds amounting to $1,041,950:
from
350,000 tuberculosis hospital addition
bonds, at 100.1625, a
*
shorter
ton
to a syndi¬
composed of Lehman Bros.,
Chemical
Bank
&
Trust
________
price of 100.373.
a
\.
1947 to 1968.
'
on
Shaw,
City Auditor, will receive sealed
$600,000 veterans' memorial bonds,
at a price of
100.0809, a basis
of
_
Marion, Ohio
Co., of New York. Stranahan, Har¬
ris & Co., Inc.,
Toledo, and Fox,
&
than
years,
maturities.
Jan. 8-^-v. 162, p.
.
3127—were awarded "to
a;syndicate composed of Halsey,
Stuart & Co.. B. J. Van
Ingen &
p.
Reusch
climbing
on
awarded
cate
________
Franklin County /P. O. Colum; v *
bus), Ohio
v.
be
maturities ranging from
3246—were
amounting
'
able to the Board of Education.
;
to
appears
30
fered for sale
'
This
nished to the purchaser at the
check
interesting to note that the
on
County (P. O. Okla¬
City), Okla.
following bonds
to $2,350,000 and of¬
homa
Bond Sale—The
.
&. Demosey, of Cleveland,
whose
approving opinion will be .fur¬
certified
and
-
Oklahoma
1968 to
1,
-
on
.legislation has been taken under
the supervision of
Squire, Sanders
pense
1.11%
'v
/
•.
turing $5,000 Feb.
1971, as iy8s.
162,
—
of legislative proceeding .is
available / for
to
to
ago
.
.
Nov. 6, 1945.
the
gross
amount of the bid .and accrued in¬
terest to the date of
delivery. A
copy
It is
week
3—v.
4s, $75,000
—
state
musj
a
today.
,
authorized at the gen¬
eral election held
bids
1.44%
>
ples thereof. Principal and interest
payable at the Commercial Bank
&, Savings" Co., Fostoria./ Said
All
20
a
yield of
to 1;27% to¬
indices for 10 high
the
Jan.
as
.
Rate of interest to be in
multioles of y4 of 1%, or multi¬
were
$85,000
awarded
1, 1949 to 1952,
maturing $5,000 Feb. 1, 1953
to 1967, as Is, and
$20,000 ma¬
/// For $88,000 maturing $22,000
/
Bidder
Price Bid "from
Feb. 1, 1949 .to
1952, •,as 4s,
.1947 to 1976. Other bidders
$32,000 in 1953 to 1969, and
For V/2% Bonds
$22,000 maturing Feb. 1, 1953,
were afs follows:
$28,000 in 1970, as Is.
Rox, Reusch & Co, ____.i__.101.77
as
'.
'
'
Price
2y4s, and $390,000 maturThese bonds are all dated
Feb.
First of Michigan Corp. __101.43
Bidder—
Rate
Bid
/ / ing Feb. 1, $22,000 in 1954 to
1,
1946.
Provident Savings Bank &
Ryan, Sutherland & Co.___10L21
//; 1970, and $16,000 in 1971, as
Trust Co., 'Cincinnati and
Eiiis & Co.__
Tulsa
;l__^iouo
Sch. Dist., Okla.
L/;; is.
Associates
.1 Vs %
ipiy l/lZ/K// ■- ;s'
101.73
Bond Sale
Halsey, Stuart & Co
Stranahan, Harris & Co:,
Vk'/o
101.15
The school bonds
600,000 Fire Dept., Building and
Inc.
// Equipment bonds at a
100.69
Truro Township (P. O. Reynoldsprice of amounting to $4,500,000 and of¬
fered for sale on Jan. 10—v.
Weil, Roth & Irving Co.Ll00.68
par,
a
net interest cost of
163,
burg), Ohio
Pohi'& Co.
100.58
1.194%, as follows: For $104,- p. 119—were awarded to a syndi¬
Bond Sale—The $20,000 fire
cate composed of
Braun, Bosworth & Co.,
000 maturing
'
$26,000 Feb. 1,
Halsey, Stuart
House bonds offered for sale re¬
Inc.
100.08
: 1949 to 1952, as 4s, $26,000 & Co., Chemical Bank & Trust
cently;: were awarded to Ryan, /,
/For 134% Bonds
j:/ maturing Feb. 1, 1953, as 2%s, Co., of New York, Blair & Co.,
Sutherland & Co., of Toledo, as
// and $470,000
maturing Feb. 1, Inc., Kidder Peabody & Co., of
1V2S, at a price of 101.455, a basis
Walter, Woody & Heipier- *
$26,000 in 1954 to 1970, and New York, Stranahan, Harris &
of
about
1.35%.
Dated Jan.
; dinger
_____101.59
1,
Co., Inc., of Toledo, C. Edgar Hon$28,000 in 1971, as Is.
1946. Denomination $1,000. These
Madison Township Local Sch. Dist.,
600,000 Park bonds, at a price of nold, of Oklahoma City, Dick &
bonds are due $1,000 on Oct. 1,
:
(P. O. Trottwood), Ohio /
/// par, a net interest cost of Merle-Smith, Salomon Bros, &
1947 to
1966.
The next highest
/■/*: 1.194%, as follows: For
! Bond Sale—The
$275,000 build¬ bidder was
$104,- Hutzler, Spencer Trask & Co., all
Stranahan, Harris & L 000
ing bonds offered for sale on Jan.
maturing $26,000 Feb. 1, of New York, Otis & Co., First
Co., Inc., for ll/zs, at a price of
1949 to 1952,
7—v. 162, p. 2997 — were awarded
Cleveland Corp., both of Cleve¬
as 4s, $26,000
100.86. '
to Fox, Reusch & Co., of Cincin¬
maturing Feb. 1, 1953, as 2y4s, land, Baum, Berheimer Co., of
//;/ and $470,000 maturing Feb. 1, Kansas City, Mullaney, Ross &
nati, as l ^s, at a price of 100.53.
OKLAHOMA
a
/ • $26,000 in 1954 to 1970, and Co., of Chicago, and the Fort
basis of about" 1.201%.
Dated
,/■•//;•
Erick, Okla.
■
Jan.
/
$28,000 in 1971, as Is.
15,
1946.
Denom. • $1;000./ Worth National Bank, of Fort
Bonds ; Election—An
issue
of
These bonds are due from 1947
46,000 Traffic Control Equipment Worth, ;at a price of par, a net
$50,000 water works, sewer im¬
to 1969.
The next highest bidder
J
bonds, at a price of par, a net interest cost of 1.1739%* as fol¬
provement and street equipment
was
for
I
interest cost of 1.194%, as fol¬ lows:
Ryan, Sutherland & Co., for
$1,000,000
maturing
1958.
bonds
The
.
bonds
1, 1947 to 1953, and $6,000 in 1954
i
—
bonds
27 to J. A. White & Co., of
Cincinnati, as IVzS, at a price of
101.81, a basis of about 1.333%—
iv/ 163, p. 118-/also received the
•following bids:
and
coupon
1.
$1;000.
Bidders'
works
Dec.
21 for the purchase
2Vz%
nomination
are
sealed
Other
100.1668, a net interest cost
1.1922%, as follows: For
$20,000 maturing $5,000 Feb.
Inc.,
Paine,
Webber,
Jackson & Curtis, Kean, Taylor
& Co.,
Hemphill, Noyes & Co.,
Merrill Lynch, Pierce, Fenner .&
ago
fered
Fest or i a Sch. Dist.,. Ohio
v
for
on
follows:
as
of
Blodget,
years.
market
sale
described
Phelps, Fenn & Co., F. S. Mose¬
ley & Co., Stone & Webster and
from
rose
-
bfferine
was
several
the
for
Co.,
of
Soden-Zahner
of
3127—were awarded to a syn¬
dicate composed of Lehman Bros.,
Chemical
Bank
&
Trust
Co.,
in
■
a": certified
(This
than
grade bonds and for 10 lower
grade bonds rose from 1.12% and
Offering-^-Carle L; Treat,
Bond
District Clerk, will receive
as
p.
as
Fayette), Ohio
election held'
Enclose
of
market
month
for
week
a
day and
15
Gorham-Fayette Sch. Diet,
are
City, Okla.
Bond Sale—The following bonds
amounting to $3,976,000 and of¬
fered
the
$115,000
Library Building • and
Equipment. bonds, at a price
of 100.1668, a net interest cost
of 1.1922%, as follows: For
$20,000 maturing $5,000 Feb.
1, 1949 to 1952, as 4s $75,000
maturing $5,000 Feb. 1, 1953
to 1967, as
Is, F. & A., and
$20,000 maturing $5,000 Feb.
1, 1968 to 1971, as iy8s.
115,000 Bridge bonds, at a price
Oklahoma
bonds
more
the
this
bonds
faster
noon on Jan. 25 for the
pur¬
chase of $85,000 construction cou¬
ized
Ohio
that
into
1.43 %
'
1.1507%.,
and
Co., of Kansas City. These bonds
>
(State of)
fact
index
market
until
/on
Our
and for $50,000, 1
Bau-
sealed
the
coming
l;28%
Halsey, Stuart & Co., and asso¬
iy4s, at 100.111
of the Board of Edu¬
will
spite
month
/
,
;
any
.
interest cost of
Small-Milburn
Wichita,
Mc-
2V2s,
$85,000 maturing Jan. 15, 1953, as
1V2S, and $1,075,000 maturing Jan.
15, $85,000 in 1954 to 1965, and
$55,000 in 1966, as Is. Interest J-J.
strong
municipal market, de¬
issues
1
are
au¬
election
Bids continue to be
quite
in the Ohio
new
purchase of $164,000 3% building
and
equipment
bonds.
Dated
April 1, 1946. Denomination $1,000.
Due $5,000 April and Oct. 1, 1947,
pon bonds. These bonds are due
on Sept.
1, as follows: $3,500 in and $3,000 April and $4,000 Oct. 1,
,*,1947 to 1968, and $8,000 in ISO, 1948 to 1969. Bidders may bid for
Bidders to name the rate of inter* a different rate of interest ia,a
est These are the bonds author¬ multiple of y4 of 1%. These are
cation,
Ohio
are
Securities
Paul,
York, W. E. Hutton &
Cincinnati, Kebbon,
follows: for $340,000 maturing.$85,000 Jan. 15, 1949 to 1952 as
Market
Quite
Strong — J. A.
White & Co., reported on Jan. 10
as
follows:
;
/, ■•/ - • '
&
102.199; for $50,000, iy4s, at par.
.
Bond
15, 1946.
Other bid¬
follows:
Trust
1945.
net
a
(Above offering was previously
163, p. 118.) ^
Dated Jan.
$1,000.
general
of
noted in v.
ciates: for $50,000,
_100,183
________
6,
a
Savings Bank,
Chicago, and associates: for $600,000, iy4s at 102.199; for $350,000,
,jy4s, at 102.199; for $400,000, iy4s,
Finneytown Local Sch. Diet. iff. O.
;
Cincinnati), Ohio ^
.
as
101.673.
Van Lahr, Doll & /
' >
// Isphording ' L
L- ——100.11
•
were
at
due in
are
Mayer,: jointly: for $600,000,
iy4s, at 101.755; for $350,000, iy4s,
at 101.786; for $400,000, iy4s,r at
101.743;/for
$50,000,
iy4s,
,at
101.149;
for
$500,000,. iy4s,
at
Ryan, Sutherland & Co.___100.933
"Fox, Reusch & Co.t-wL__100.83
/Halsey, Stuart
Nov.
bonds,
the bonds
are
the
at
&
,
101.071
_
iy4s,
as
Airport
required. These
basis of about
a
the
Corp., Pitts¬
burgh, R. W. Pressprich & Co., Eldredge & Co., Ohio Co., of Coiumbus, Pohl & Co., and Seasongocd
L-/'/ Price Bid
Braun, Bosworth & Co., '
/•.
—L
ders
Mellon
'*!'• Bidder V'
Inc.
to 1970.
Harris
1, from
next
Braun,
was
Chicago,
These bonds
to
thorized
on
of
Denomination
of about 1.13%. Dated Jan.
1, 1946.
Denomination $1,000. These bonds
jare due
1947 to
spect
National
First
National Bank, of Minne¬
apolis, First National Bank, of St.
Co., of St. Louis, Charles Clark &
Co., D. A. Pincus & Co., both of
New York, Otis & Co., of Cleve¬
land, Chace, Whiteside & Co., of
Boston, Ranson-Davidson Co., and
Prescott, Wright & Snider Co., *of
Kansas City, at a price of
100.02,
City for $6,425, with respect to the
bonds, and $4,000 with re¬
amounting to $50,000 and also of¬
fered for sale on Jan. 4, were
City Sch. Dist., Ohio
First
Cormick & Co., A. C. Allyn &
Co.,
both of Chicago, G. H. Walker &
sewer
bonds
Home
Co.,
will be furnished the purchaser.
Bidders may submit separate bids
or may bid on all or none
basis.
A certified check,
payable to the
These
1.059%.
about
Sale—The $330,000 build¬
ing bonds offered for sale on Jan.
3-^v. 163, p. 118—were awarded
a
Trust
&
due
are
The
Bond
iy4s, at
Bank
all of New
Principal and interest payable at
the National City
Bank, Marion.'
The approving opinion of
Squire,
Sanders & Dempsey, of
Cleveland,
$10,000 on March
Sept. 1, from 1947 to 1971.
and
payable to the City Accountant.
Delaware
basis of
a
before noon of that
Enclose a certified check
for 3%
Dated Jan. 1 1946. Bidders
may
a
different rate of inter¬
est in a multiple .of y4 of
1%.
bid for
Co., St. Louis, and William Blair
& Co., of Chicago, was awarded
the
$500,000 trunk line
sewer
bonds, as Ty4S, at a price of 102.199
a
designated by the
bid
400,000 airport bonds. Denomina-; rill
Lynch,
Pierce v Fenner
&
tion $1,000. Dud $10,000 June
Beane, Equitable Securities Corp.,
and Dec. 1, 1947 to 1966.
Hallgarten & Co., Coffin & Burr,
syndicate
cantile-Commerce
be paid
"date.
1
239
■if
composed of the
Harris Trust & Savings Bank, of
Chicago, First Boston Corp., Mer¬
Feb. 5,1946, and the
on
amount
shall
office
A
•
of Squire*Sanders &
Dempsey, of
Cleveland, will be furnisned the
purchaser without charge, j The
.
■
~~
a
t
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4455
163
•i-
on
118—was awarded to
a
composed of Lehman
Bros.,
Chemical
Bank
&
Trust
Co.,
Phelps, Fenn & Co., F. S. Moseley
&
Co.,
Stone &
Webster
and
Blodget,
Inc.,
An
Jan. 8—v.
163,
syndi¬
Paine,
Webber,
Jackson & Curtis, Kean, Taylor &
Co, Hemphill, Noyes & Co., Mer¬
For
$8,000
maturing
$2,000 Feb. 1, 1949 to 1952; as
4s, $2,000 maturing Feb, 1,
1953, as 2V4s, and $36,000 ma¬
turing $2,000 Feb. 1, 1954 to
1971, as Is.
to
issue
$230,000
Jan. 3—v.
of
bonds
was
162,
also
amounting
awarded
1, 1953 to 1966,
as
terest F-A. Denomination
Is.
In¬
$1,000.
OREGON
Coos
Bay Water District Commis¬
on
3127—to a syn¬
dicate composed of the First Na¬
tional Bank, Northern Trust
Co.,
both of Chicago, First National
Bank,
of
Tulsa,
City National
p.
$250,000 Feb. 1, 1949 to 1952, as
3s, and $3,500,000 maturing $250,000 Feb.
•
Bond
sion, Ore.
Election—An
scheduled
to
be
to
to
the
submit
held
election
on
voters
Jan.
of
is
21
Coos
Bay and North Bend, Ore., a prop¬
osition to purchase the Peoples
Bank & Trust Co., of Kansas
City, Water & Ga£ Company for $373,Braun,, Bosworth,
&
Co., Inc., .000. Under the terms of the trans-
1
action, the Water District will as¬
sume
$373,000
in
outstanding
and
bonds
opinion of Townsend,,Elliott, purchase of 41 lots of various mu¬
nicipal bonds amounting to $11,& Munson, of Philadelphia, and
658,000.
" V.
'VV'r :
will be delivered to the purchaser
addi¬
such sup¬
when the
"J1'
Dist., Ore.
Sale Details—The $6,Ul)0
Cutler City Water
Bond
improvement bonds awarded last
October to the State Bond Coihmission, as l%s, at a price of
162,
100.22—v.
1, 1947 to 1952.
authorized at
election held on July 25. :
$6;000
"These
the
Sept.
on
bonds
were
Elgin, Ore.
Bonds Voted—An issue of $55,-
^000 water system bonds was fa¬
vorably
voted
at the election
held on Dec. 12.
'Gresham, Ore.
drainage bonds
was approved recently by the City
Council. '
'
/ /: *
$40,000 street
of
and
light
1,
bonds Nos. 7 to
^
Grande), Ore.
(P. O. La
of New York,
Co., Butcher &
Sherrerd, Dolphin & Co., Sheri¬
dan Bogan Co., and E. Lowber
r$
I
iy2%, 1%%,2%,
000
SfJ-
ton), Pa.
$48,000
,
B.
E.
will be
or
as
call a special election on the
proposition.
The
bonds
would
ing
all
$47,000 in 1965 and
in 1967 and 1968,
and $43,000 in 1975. Rate
to be in multiples of
of
which; taxes
assumes
and
agrees
the
and accrued interest.
The highest
in condemnation pro¬
one
under
the
of sale and
to
bidder
terms
of the contract
entitle the purchaser
of the amount de¬
the return
posited with the bid. These bonds
are
issued
subject to
tne
i«vvi¬
eral
income
bonds
of
a
j
.Freeman, S. Dak.
,
'
Election
Bond
^
Dated
An
—
"
V
of
issue
Jan, 15.
terest
urer's
Bond
a.m.
Issuance
Knoxville, Tenm
the
Texas
Approved—The
position of City Manager.
previously has acted
in the same capacity for a num¬
ber
of
other
cities,
including
to
to
the
Mr.
Morton
Petersburg,
Bonds Voted—An issue
struction
Va., Trenton^-N. J.,
Ky.
Seattle Local Imp; Districts,
Bond. Call— H. L.
improvements
On
(
Debt
Composition
Plan
*
until
(EST) on Jan. 15 for the
Imp.
Ap¬
proved by Court—The Bondhold¬
ers' Committee, of which W. D.
Bradford,
115 Broadway, New
York City, is Secretary, has an¬
nounced that the United States
District Court at Dallas has ap¬
proved the amended plan of debt
composition previously approved
by 71.6% of creditors. The court's
settlement
allowed
under
the
court's order at the rate of 8.24%
of all
unpaid interest claims rec¬
ognized under the plan.
at
.
Wash.
10
the: forthcoming
with
of
return
employment service to the
states, state and local cooperation
primarily with respect to state
financial grants to political sub¬
divisions, and state supervision of
cooperative
governmental serv¬
the
ices.
'
Seattle,
No.
Dist.
CANADA
Wash¬
4326, No.
22
bonds,
(Pi O. Ottawa), Canada
Bills Sold—An issue of treas¬
ury bills amounting to $75,000,000
Canada
\
On
January
13
Block 11, Bell' and Den¬
Alley
Dallas City and County Levee
Diet., Texas
to
Collier, City
January
Avenue,
35th
ington,
bonds.
11,000 sewers bonds.
J
peacetime economy, Also dis¬
were
the , organization;
a
cussed
bonds:
Bonds Voted — The following
bonds amounting to $200,000 were
favorably, voted at the election
held on Dec. 18:
street
to
Treasurer, calls for payment at
his, off ice the following District's
<
$189,000
tdx rates,
con¬
amounting
bonds
.
$250,000 was favorable voted
the*election held on Dec, 15.
TEXAS
Heights (P. O. San
Antonio), Texas
Alamo
'
length tax- programs, existing
and state revenues that
can be expected with the : returri
at
planning and timing of public
works, the acquisition and dis¬
Adams County, Ritzville Sch. Dist. posal of surplus war property* the
administration of employment se¬
J ■ (P. O. Ritzville), Wash.
curity, especialy
in connection
of
and Louisville,
■
,
WASHINGTON
f Names
New City. v Manager—
Paul Morton has been appointed
the
Officers
metting
Chicago, the Council of State
Governments reports. The Coun¬
cil was designated as the secre¬
tariat
of
the ' association.
The
organization is composed of the
budget; officers
of the several
states;
purpose
is to ;; improve
budget
administration; in
the
states. Policies and problems of
budget administration were dis¬
cussed at the meeting.
Specifi¬
cally, the budget officers explored
in
Bond
,
National As¬
organized at a recent
was
Call—S. A. Glaim, Dis¬ $100,000 construction bonds were
issued a call for pay¬ approved at a; recent/ election.
ment on Jan. 1,1946, of 4% build¬ These bonds will be issued in the
ing bonds, Nos. 84 to 194, dated near future.
;
Jan. l; 1936, and due on Jan. 1
Sudan, Texas
from 1947 to 1955 inclusive. ♦ De¬
Bonds Purchased — An issue of
nomination $1,000. Payable at the
$6,000 city bonds was purchased
District Treasurer's office.
recently by H. L, Shaffer & Co.,
of Amarillo.
TENNESSEE '
:
Associa¬
Budget Officers
sociation of State Budget
'
Sabine Sch, Dist.,
Dak.
or
street, Philadelphia 7; Pa.,
State
tion Organized—The
levied
against all taxable property in
bidder
$250,000 Boston Housing
Authority, Mass., Notes at ,.56%,
the
for
trict Clerk,
Saving Society will receive sealed
>ids at, its office, 1212 Market
11
payable at the State Treas¬
office.
Payable from an
unlimited ad valorem tax
County.
S.
the
class
price of par, as 2%s.
Sept. 10, 1945.' Denomina¬
a
$1,000. Due April 10, as fol¬
$4,000 in 1946 and 1947, $5,000 in 1948 to 1952, and $6,000 in
1953 ,to 1959.
Principal and in¬
Rapid City Indep. Sch. Diet.,
!
{The State Street Trust Co., of
Boston, was the successful
lows:
$80,000 3% sewage disposal plant
will, be submitted to the
voters at the election to be held
on
miums,
tion
bonds
lowest
tax
(P, O.:Emory),
$75,000 road bonds was purchased
recently by C. N. Burt & Co., of
interest on
character final order of confirmation was
which includes these bonds, will,
signed on Jan. 2, 1946. The court,
the conditions of sale, offers to
at the election of the purchaser,
according to report, ruled that in¬
take the whole amount
of the
relieve the
purchaser from his terest claims more than four years
issue at the lowest interest cost
obligations under the terms of the past due and not provided for in
to the municipality, which shall
contract of sale and entitle the the plan are barred by the statute
be determined by deducting from
-vifv-v v?',
purchaser to the return of- the of limitations.
the total amount of interest to
amount deposited with the bid.
Pending the completion of the
be paid on account of such bonds
These bonds are issued subject to
district's
arrangements for the
during
the
life
thereof,
the
the favorable opinion of Townspreparation and exchange of the
amount of premium offered, if
new securities in accordance with
end, Elliott & Munson, of Phila¬
any,;over
and above the; face
the court's order it is difficult for
amount of the issue. Registerable delphia, and will be delivered to
the purchaser only if and after the committee to make any ac¬
as to principal. These obligations
the proceedings authorizing the
curate estimate of the time when
will be payable from unlimited
issuance thereof have been ap¬
depositors will be able to ex¬
ad
valorem
taxes.
The enact¬
proved by the Department of In¬ change their certificates for the
ment, at any time prior to the de¬
ternal Affairs. Enclose a certified
new securities.
It is hoped that
livery of the bonds, of Federal
the exchange can be
arranged
check for 2% of the face amount
legislation which in terms, by the
of the bonds, payable to the Dis¬
prior to the due date of the first
repeal or omission of exemptions
trict Treasurer.
coupon on the rieW bonds which
or otherwise, subjects to a Federal
is April. 1, 1946.
At the time of
income tax the interest on bonds The Philadelphia Saving Fund So¬
exchange there will also be a fur¬
of a class or character which in¬
ciety (P. O. Philadelphia)i Pa.
ther distribution to depositors on
cludes these bonds, will at the
Bond Offering — Donaldson
account of interest on deposited
election of the purchaser; relieve
Cresswell, Vice-President, has an^ bonds which distribution is not
the purchaser from his obligations
jounced
that
the
Philadelphia expected to be less than the cash
shall- be the
who, having complied with
responsible
Ark., and $153,000 Santa Barbara
County Housing Authority, Cal.,
Notes at .60%. All plus small pre¬
,
Texas
DAKOTA
SOUTH
interest
.
Authority, Ark., $228,000 Annap¬
olis Housing Authority, Md, $179,000 Conway Housing Authority,,
Purchased—An issue of
-Bonds
acquired Dallas, at
ceedings for a sum of $754,000.
The bonds will be sold to
the
highest responsible bidder,
provided such bid is not less than
par
and accrued interest.
The
highest responsible bidder shall
be the one who,, having complied
with the conditions of sale, offers
to take the whole amount of the
at
Treasurer's of¬
Interest ceases on
County
Raines
authority to issue
ficial building. The State
the building
pay.
issue
Austin.
date called.
Pastore
$1,800,000 bonds for the purpose
of converting the Masonic Temple
in Providence for use as State of¬
interest cost
to
the District, which shall be
one-eighth of 1% . Bids will be re¬ determined by deducting from
ceived for the entire issue at any
the total amount of interest to be
of the above rates of interest but
paid on account of such bonds
no
bid combining two different
during ) the
life ' thereof,
the
rates of interest will be accepted.
amount of the premium offered,
Said bonds and the interest there¬
if any,* over and above the face
on
will be payable without de¬
amount; of ' the
issue.
These
duction for any tax or taxes, ex¬
obligations will be payable from
cept
succession or ' inheritance ad valorem - taxes within
the
taxes, now or hereafter levied or
taxing
limitations imposed % by
assessed thereon under any pres¬
law
upon
school
districts of
ent or future law of the Common¬
this
class.
The
enactment, ", at
wealth all of
which taxes the
any time
prior to the delivery
'Township assumes and agrees to
of
the
bonds of Federal legis¬
pay. The bonds will be sold to the
lation which t in;;terms; by the
highest responsible bidder, pro¬
repeal or omission of exemptions
vided such bid is not less than par
or
otherwise, subjects to a Fed¬
of
asked for
also
assessed
wealth,
the State
at
fice in
ing Authority, Pa., Notes at .58%,
and $950,000 Little Rock Housing
'
in
in
in
future
able
State's present
Governor
debt.
bonded
accepted."Regis¬
or
the
double
cally
undery any present or
law1 of
the
Common¬
District
iy4% and mature serially
a period of 20 years.
Effect
the issue would be to practi¬
$813,000
Winnebago
County
Housing
Authority/Ill., $786,000
Washington
County Hous¬
the outstanding bonds of
original issue of $38,000. Pay¬
over
of
.
ing all
an
the
fol¬
$1,704,000 Bremerton Housing Au¬
thority, Wash., $1,035,000 Charles¬
ton" Housing
Authority, S. C.,
est,; $38,000 V, 214%
refunding
bonds, dated Feb. 1, 1943. These
bonds mature in 1949 to 1953, be¬
exceed¬
bear interest at a rate not
be
levied
Governor
by
acquired
Bank group are as
$8,404,000
San Francisco
Housing Authority, Cal., Notes at
.55%, $7,048,000 St. Louis Hous¬
ing Authority,. Mo., $3,812,000 Al¬
legheny County Housing Author¬
ity, Pa., Notes at .57%, $2,738,000
Norfolk Housing' Authority, Va,,
lows:
option granted on the face of the
bonds, to : call for payment on
Feb. 1, at pah and accrued inter¬
to
to
hereafter
thereon
the
authorizing
lature
principal only. , The
bonds andv the interest thereon
will be payable without deduction
for any tax or taxes, except suc-r
cession or inheritance taxes, now
tered
estimated
veterans of World War II.
in 1949, $8,000 in
will
an
' "■>'
D wight . Morrison,
County Treasurer, has announced
that the County, has exercised the
/1 Bond Call
Chemical
in
v
.
issues
The
/
Road Dist. No. 1,
Texas '
100,000
A bill
has been introduced in the Legis¬
to
bonus
a
received for
the entire issue at any of the
above rates of interest but no bid
combining two different rates of
Bids
the
to
will
';V/h.,/V.'
:
Jefferson County
a; bill authorizing a $20,000,000
bond issue to finance payment of
21/4%, 2M>%,
$7,000 in • 1951,V $8,000
1952, $7,000 in 1953,;: $8,000
1954, $7,000 in 1955, and $8,000
tion.'/
on
of $75,-
1950,
recommended
Legislature, ' which
con¬
Jan. 1, the enactment of
State
or
1948, $7,000
in
$49,000 in 1969 and 1970, $50,000
in 1971 and 1972, $51,000 in 1973
and 1974,
Thomas
and, at the same time,
give more- precise ' information
concerning the closing distribu¬
Urges
Pastore
O.
3%, • coupon refunding
bonds. Dated March 15, 1946. De¬
nomination $1,000. Due March 15,
as
follows: $7,000 in 1947, $8,000
2%%
interest
Raymond
Ambler, Township Secretary, will
receive sealed bids until 7.30 P.M.
on
Jan. 24 for the purchase of
$1,300,000 sewer and sewage treat¬
ment plant coupon bonds, not ex¬
ceeding 2% interest. Dated Feb.
1, 1946. Denomination $1,000. Due
Aug.
1, as follows: $39,000 in
1947 and 1948, $40,000 in 1949 and
1950,$41,000 in 1951 and 1952, $42,000 in 1953 to 1955, $43,000 in 1956
and 1957, $44,000 in 1958 and 1959,
$45,000 in 1960 to 1962, $46,000 in
1966,
—
for the purchase
Feb. 15
Township (P. O, Abing-
1963 and 1964,
_
Evans, District Secretary, will re¬
ceive sealed bids until 8 p.m. on
1956.
—
6
Offering
Bond
$1,000 on Oct. 1, 1946 to 1955, Net
basis of about 1.83%£'.?
Offering
\
1
Minersville Sjch.iDist., Pa,
;
income
Bond
from 1948 to
due on Feb. 1,
are
162, p. 928—were sold as 3s. Dated
.July 1, 1945. These bonds mature
Abington
Philadelphia,
all of
Is, at a price of 100.779, a basis
of about 0.94%.! Dated Feb. 1,1946.
Denomination $1,000. These bonds
as
awarded on Aug.
the-First National Bank of
Portland, at a price of 106.27—v,
;
District, Pa.
The building and
—
Island
(State of)
$20,000,000
Bond Issue—Governor John
vened
Schmidt, Poole &
to
PENNSYLVANIA
*'''■?'•"
Co.,
&
Forgan
stadium bonds
17
Bonus
.
Details—The $10,000
Bond Sale
Sale
Rhode
Governor
improvement bonds amounting to
$3,000,000 and offered for sale on
Jan.
9—v.
162,
p.
2998—were
awarded to a syndicate composed
of the First Boston Corp., Glore,
Diet. No.- 1
County Sch.
Union
"/,
,
Allentown School
Bond
Powell,
payment on Feb,
water, refunding"
24.
Treasurer,
ship
..,
C.
Call—Clares
Mayor, calls for
partment of Internal Affairs. En¬
close a certified check for 2% of
the bonds, payable to the Town¬
1974.
Monmouth, Ore.
Bond
been
have
RHODE ISLAND
the issuance thereof
approved by the De¬
Stokes & Co.,
<
Approved—An issue
Bond Issue
authorizing
cities.
other
date with reasonable ac¬
change
curacy
the proceedings
only if and after
1565—mature
p.
,
,
it can fix the ex¬
as
soon
as
ers
of
Boston; Riggs National Bank,
Washington, D. C., and banks
of
The committee will advise hold¬
able
$100,000
pay
tional, plus payment for
plies that are on hand
sale is consummated.
Monday, January 14, 1946
FINANCIAL CHRONICLE
THE COMMERCIAL &
240
ny's Addition, District No. 5379,
No. 4 bonds. Interest ceases on
date called.
sold
age
yield of 0.363%. Dated
1946.
These bills are
14,
Passed — An
passed recently on
first reading by the City Com¬
missioners calling for an issue of
$50,000 garbage system and equip¬
ment revenue bonds./ < 'v
il •
WISCONSIN
(P. O. Lancaster),
Wisconsin
County
;'
,
,
; Bond* Election Planned—An is¬
of highway bonds amounting
Columbia
British
ordinance was
Grant
Jan.
due
BRITISH COLUMBIA
Ordinance
Bond
on
April 12, 1946.
Wenatchee, Wash.
,
10, at an aver¬
Jan.
was
Bond
{
Gouinlock &
&
Weir
(Province of)
Details — Bell;
Co., McLeod, Young,
Sale
Co.,
-
and
McMahon
&c
Burns,
were - associated
with
Mills, Spence & Co., Toronto, in
the purchase on Dec. 7 of an issue
of $3,000,000 3% sinking fund de¬
bentures, at 99.12, a basis of about
3.075%—v.: 162,. p.' 3000/. The
bonds,
sue
dated Dec.
15,
1945, and
due Dec. 15, 1960, were re-offered
at a price of par and accrued in¬
$2,618,000 wilLbe submitted to
the voters at the election to be
held in April.
'
-
to
;
terest.
/;
■,
.
■Ify;' UNITED STATES
NOVA
.
:
.
■
United States
.
Housing Notes Sold
—
Of the
$28,100,000 local housing author¬
ity note issues offered on Jan. 9
—v.
163, p. 120—a total of $27,850,000 was purchased by a syndi¬
cate of brinks including the Chem¬
ical Bank & Trust Co., National
City Bank, Bankers Trust
Co., all
York; Bank of America
National Trust & Savings Asso¬
of
New
ciation, of San Francisco; National
Bank of Detroit; Union Trust Co.,
of
Pittsburgh; Messrs.
Brown
Brothers Harriman & Co., New
York
Trust - Co., both of New
York; Northern
cago;
National
?
SCOTIA
;
v
(Province of)
Debenture Sale—The $5,086,000
Nova Scotia
.
.
sinking., fund debentures of¬
fered for sale recently—v. 162, p.
3%
3128—were
*
awarded
dicate headed
ray
toa
.
syn¬
by Cochran, Mur¬
& Co., of Toronto, at a price
basis of about 3.013%.
of 99.88, a
Dated Dec. 1, 1945.
$1,000.
on
Deiiomination
These debentures are due
June 1, 1958.
ONTARIO "V
Canada (P. O. Ottawa), Can.
Bill Sale—An issue of Treasury
bills amounting to $75,000,000 was
sold on Dec. 27 at an average
Trust Co. of Chi¬
City Bank, of yield of 0.363%. Dated Dec. 28,
Bank, 1945, These bills are due on
Bank, March 29, 1946.
Cleveland; First National
of St. Louis; First National
@FedFRASER