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£U*. ADM« Library 1 TUESDAY ,342 ■ I *' i ' f Beg. U. 6. Pat. Offlc® Volume 155 Number 4035 New York, N. Y., Tuesday, January 20, 1942 Stock! and Bond ISales^ D Al s New York Stock fci^! mmw E E K LY Below furnish the New York Stock on 14j^aw. Daily Record of U. S. Bond Prices Jan. 10 Jan: 12 Jan. 13 Jan. Treasuiy 32d of one or more point.; a Treasury (High ~ 108.25 108.27 108.2;> 108.27 77 '"4 -■7'}.-: 1 :' 7 7 2Ks 103.29 -1 104.12 . "■ . ■■ i . 102.23 102.25 102.23 104.14 101.14 104.15 104.11 104.14 104.15 104.14 104.15 5 ■-• 1HK22 : ; 110.17 te 110.19 110.17 110.19 7 2s, 1951-55 - 109.22 109.30 106.6 109 ;22 .(Low. (Close , ; 7 109.7 108.26 109.7 Total sales in $1,000 units... 1 (Close (High \»> . *49 4912 *49 *108% 109 | *108% 109 40 421* 42% 43 *471, 49U *678 7 20% *19 *11 11 36% % % *63 66 2% *85 2'g 100 61« *5^2 *5% *14 '2 3714 , "32 534 5% 16 49% *108% 109 42 11 5% For footnotes 33% 316 •2% 00 36% 3m; 65 2% ©O si« 49 *108% 43 *48 7 49 *48% 109 Jan. 49i2 5% 5% 5% 15% 15% page 5% Stocks 20 Rail¬ :1' v trials roads Jan. 15 Bonds 10 First Second 10 65 Indus¬ Grade Grade Utili¬ 40 Stocks ties 10. 110.54 27.66 10 Total trials Rails Rails ties Bonds Utili¬ 14.50 37.64 105.40 92.86 52.68 37.75 Total 108.16 89.78 10o.3* 92.80 52.87 108.02 89.76 38.25 105.66 92.83 53.35 108.06 89.95 14.61 38.3,5 105.75 93.38 53.13 108.19 90.11 (Close Jan. 15. 112.51 28.15 14.68 38.31 105.61 93.19 52.68 108.29 89.95 Jan. 16. 111.2c 27.99 14.61 37.94 105.H6 93.28 52.39 108.49 89.96 Jan. ■/' .■v. *40 43 48% *48 48% 6% ~ 35% 3i« *62 2% *87 36% h* 80 1 Odd-lot sales, Close NEW YORK BOND RECORD .. t Deferred delivery sale, t Cash sale. above table Frtauy includes only sale Transactions in registered bonds were: ■•' 7. ' No sales. of Week's ju-e Last N. Y. STOCK EXCHANGE If Sale Range or Friday's coupon 2% 100 Abraham & Straus 200 Acme Steel 35% 35% a16 "i» 80 *65 2% 2% *88 100 2% *38 % *U 5% 5% 5% 5% 5% *5% *14% *14% 1 15% 1,600 108 Dec 17 34 Dec29 No par 43% Dec 10 Adams Express...-.—No par 5% Apr 22 £17% Deo 24 11,600 Air Reduction Inc.....No par %•.' 1,300 100 "2I66 6i# 4,000 5% 15% 800 400 Feb 21 Co^._........-25 Adams-Milti3 Corp ....No par "7",300 & *115.25 1944-1954 3 Ms 3^83 %s 3Ms Bid 108.25 1946-1956 *110 8 Asked Hioh Range © o 110.17 for Year 1941 oqcc No. Low 116 2 108.27 "b .... Hioh 115.28121.26 108.12 113.18 110.7 115.7 Air Way El Corp Appliance..No 10 par Ala & Vicksburg Ry Co...100 Alaska Juneau Gold Min...10 Albany & Susq RR Co 100 Allegheny Corp ..No par 5 M % pf A with $30 war. 100 5H% pf A without war. 100 $2.50 prior conv pref.No par 1943-1947 103.29 103.29 1943-1945 104.11 104.15 27 103.30 108.6 1944-1946 105.12 105.12 10 105 1946-1949 *.08.11 108.20 1949-1952 110 22 1910-1948 *107.29108 6 Treasury 3s.. 1 1951-1955 ellO.17110.19 $ Lowest per share 55% Sept 20 124 $ 49% Sept 25 101 Dec 30 6 8% Dec 5 May May 3478 May 4% May 16% June 12% June 36%June % May 60 May 4 May 9% D3C 29 34% Nov 29 14 Dec 22 24% Aug 6 15?s Jan 3 45 July 28 % Jan 14 73 9 75 Aug 9 ..1% D3C 29 5 Jan 4 99% Aug 8 % Jan 6 % June 10% Jan 9 5% June 4% May 7 May 85 S3Pt Dec 30 % Dec 10 3% Dec 10 3% Dec 10 11% Dec 27 9% Aug 27 21% Apr 3 Highest per share $ 54% Sept 23 51% Jan 110.22 Year 1940 Highest $ per share 44$% conv preferred.-,..100 Address-Muitlgr 2% Range for Preeiout 100-Share Lots 46 "loo 80 Range for Year 1941 Abbott Laboratories-..No par 11% 35% 5% 5% 678 21 ...1947-1952 Treasury 3%is Treasury 3 ka8 On Basis of Par 200 5% 5% *14% 15% Shares 48 . 4^8 4s Price Low , Lowest 4378 11% 347S Nft, Treasury 3s....... STOCKS Week 50 16 U. S. Government , EXCHANGE 500 48 Week Ended Jan. Treasury Treasury Treasury Treasury Treasury Treasury ■ 8TOCK9 NEW YORK 49% 103% 108% 6?8 "TI%] *64% 16 *48% *19 11% • (Low. 100 Dec per 70% 147 46% share TFnh Feb Apr 60 Nov 9 103.30107.25 .... 112.12 110.13114.9 107.21111.21 110.4 77 Mar 7 Jan 100 Jan 113.9 .1955-1960 M S Treasury 2Ms...... Treasury 2Mb Treasury 2Ms...... .1948-1951 M S .1951-1954 J D *108-10108.19 107. 2 .1956-1959 M 108.26 Treasury 2 M s... Treasury 2Ms. .1958-1963 J D 107, 1 111.18 106. 31111.25 .1945-1947 M . .. 5 & 109.22 110 106.6 106.9 *107.13107.22 109.11 *108.29109.6 18 107. 14112.13 6 105 30109.24 107. 11110.9 110.22 .1960-1965 J D Treasury 2%js_,_ Treasury 2 .—1945 J D 105.25 105.25 105. 10108.14 1948 M S 106.31 106.31 107. 16109.22 Treasury 2Hs .1949-1953 J 106.16 110.11 110.11 107. 8 Jan 27% Apr 19% Jan 58% Jan 7j Mar 109.9 108.8 "20 Treasury 2%s Treasury 2 Ma Treasury 2^s_... Treasury 2Mb Treasury 2M3 106.16 105. 2 108.9 *106.10106.19 105.4 118.18 1952-1954 M 104 S 104.3 102.8 106.16 102.23 el02.25 1967-1972 M S 100.10 1Q0.6 100.10 1951-1953 J D *104.27105.4 102 105.9 1954-1956 J D 1947 J D ...1956-J.958 M S Treasury 2^3 Treasury 2%s Treasury 2 Ma Treasury 2s D 112.24 1950-1952 M 5 100 103.16 103.5 106.27 *104,30105.7 103.5 107.4 106.28 *104.16104.25 104.7 1% Jan 14% Dee 12% Jan Treasury 2s.....Mar 15 1948-1950 M S *101.6 100.24104.4 Treasury 2s Treasury 2s 15 1948-1950 J D *110.16110.16 1951-1955 J D 24 100.10 Treasury 2s ...1953-1955 J D *103.17103.26 Dec .... Dec 290, Exchange 14.55 *38 *108% 109 43 7 the $ per share 6i# 5% 15% see $ per share 11% 5% ; $ per share Friday 21% % 5% Jan. 15 *11% * 100 ( Jan. 14 *19 . York Stoon: . 14.54 Sales Thursday 11% *62 2% *85 6% the New on ^ of representative BONDS PRICES 21 % 67 2% *15 6% SALE *19 36% *62 *% 48% Averages averages 28.23 • *11% 11 36% % 42 48% *47% 48% *6%'»_ 6% *19 21% daily closing 28.15 Note—The 5 for 497a 5139,936.000 27.89 bonds. Wednesday $ per share 49% • 30 Date NEW YORK STOCK RECORD per share 5107,329,000 112.59 1 i 551,451.000 112.44 106.16 share 8,899,000 129,297,000 110.65 ■; 106.16 per 5,535,000 101,187,000 13. Total sales in $1.000 units 106.16 ' 46,838,000 10 106.31 Total sales in $1,000 units... $ the are - ... 1^3,1945-47-... 106.31 13 3,957,000 45,093,000 12. ♦ (Close Jan. $1,740,000 compiled by Dow, Jones & Co.: 106.31 Low. HIGH $607,000 14. 39 Tuesday 5656,000 Jan. 105.25 (Close 7,815,910 8232,000 2.655,000 (High 105.25 Total sales in $1,000 units... 1941 7,483,060 Total sales in $1,000 units... Low. Low. 1942 2,894,700 Jan. ■ Close (High 1941 • '< stocks and bonds listed as (High 1944-52... .(Low. (Close 105.25 Total sales in $1,000 units... Jah. 12 1942 3,044,660 (High 3 LOW AND 847,980.000 (Close 7 • High Monday 8232,000 Jan. 1 to Jan. 16 2&s, 1942-44.......... Low. 110.11 Total sales in $1,000 units... 10 52.655,000 Stock and Bond Total sales in $1,000 units..r 110.11 110.11 Jan. 545,093.000 547,980.000 Below Total sales in $1,000 units... 1 3s,8eries A, Low. Saturday 3,044,660 Total HomeOwners'Loan High ">• 9,557,000 7,442,000 7,442.000 Indus¬ . 1 2Mb, 1949-53 17.000 Low. ..... , (Close , 315,000 Foreign ..(Low. ■ Total sales in $1,000 units... . 7,110,090 Railroad & industrial.. 77.(High 7,. . 2Mb, 1942-47-i 108.26 " Low. M 9,000 478,800 ... (High : (High 2Mb, 1948 749,000 (Hign • 108.26 101.11 109.11 .. 6.684,000 Total sales in $1,000 units... 109.7 Low. (Close 2^8.1945 10,506,000 445,970 U. S. Government (Close Total sales in $1,000 units... 2Mb. 1960-05-. $5,335,000 7,698,000 17,000 93.000 „ Bonds t>< 38,1942-47 (Close . 75,000 603,000 402,000 Et change Total sates in $1,000 units— (High 4 821.000 332,000 610,200 Stocks—No. of shares. 3s. 1944-49-—...... Lo.v. >; 7 X [OIO86 ,'V-.V 4 (Lo«v. - $254 0.10 7,291 000 9,886,0 ;0 9,062.000 725,120 Low. J ■■ ?5,060 000 ■'"» 293.030 491,540 Total sales in *1,000 units... • 109.11 ' • , 5 (Close 5 Total sales in $1,000 units.-.. 2Mb. 1958-63 ; (High 100.9 ,yi: (High ;.-T New York Stock 100.10 v.v (Close 7 3448.1944-64..—.. (High 2Mb. 1956-59 ">• Sates Week Ended Jan. 16 100.10 (Close Total sales in $1,000 units... •••: 106.9 — — Bond Bonds ' 1 Total sales in $1,000.units... Federal t arm Mortgage 106.9 100.6 Total.. 110.16 (Illgn 28.1953-65............ j Low. .•••. I -"fe 2«8.1951-54- Total Government Bonds 110.16 , 109.22 103.30 1-7. 1 16 Total tales In $1,000 units... ' Exchange United States Foreign Bonds 103.10 —..Low, '-■■■• *2 109.30 106.6 , 110.16 (High 110.17 1 110 (High 1948-51 r: Total sales in $1,000 units... 110J9 109.29 i Railroad and MUcell. of Shares Saturday,...,. Monday. Tuesday. Wednesday Thursday Friday.:...—.. (High Total sales in $1,000 units... r 109.29 2 Ha. Number Jan. 16, 1942 (High 7 2s. Dec. 1948-50....... (Low. (Close ■V the New York Stock Stocks, Week Ended Low. - ■ $1,000 units... at Daily, Weekly and Yearly (Close " k Transactions 2s. March 1918-1950... J Low. 20 ,;i. (High - (See Index Back Page) 17 (High HO'22 Total rales in $1,000 units... 4 100.10 Total sales in $1,00© units.wi 110.22 -fe • 100.8 28 Close (High "•■■■ 100.9 1 :•*' (Close (High 2«»'I94M7 100.9 100.7 24 100.10 Total sales in $1,000 units Total sales in $1,000 units... Total sales in 100.8 100.8 100.8 Low. ..y.-••.-:v7-.v 28, 1947-.-..—. $1,000 units. "•i9«-M 100.7 (High 7 7,7 ju» "•i94M8- 100.7 (High 2Mb, 1954-56 10 Total sales in $1,000 unit*... High :/:%%■. 100.6 Low. 105.12 $1,000 units... V.>ji'.vt High : 100.9 Total sales in $1,000 units... 7 2^8, 1951-53 1946-49.-...-—.{Low. Total sales in 100.7 (Close 1 14 $1,000 units..-.' 1940-62 *3 100.10 \v ■ 104.14 (Close 3W«. Exchange Miscellaneous 102.25 5 High 101.12 Total sales in r year. 102.25 104.12 (High te the Out-of-Town Listed Markets 4 102.23 105.12 ; 5 (High New York Curb 104.3 J Close Total sales in $1,000 units... — ■ 105.12 3Ma, 104.3 .....Low. - . for range City News Corporation News QUOTATIONS 101.3 104 1967-72.--——-(Low. 103.29 • High ' 104 (Close .'-a . 104 104.2 101.2 Total sales in $1,000 units... Total sales in $1,000 units... - 104.2 Low. Total sales in $1,000 units... 103,29 the State and Close (High ' r 2^8.1956-58 Low. (Close »*«.*•»■« ■ (High (Low. » (High Total sales in $1,000 units... High 3«a. 1943-47 • „ , (Close :'f 2^8, 1952-54 Low. (CI08C 3MB, 1946-56 Total sales in ..'v. 108.25 Total sales in $1,000 units... ; >, t Total sales in $1,000 units... 108.27 Low, Close / 7 - .■'77 [High —- : . 2 .Ms, 1950-52 Total sales in $1,000 wntts..'. 4s. 1944-54 , computing Also in This Issue I Daily Record of U. S. Bond Prices Jan. 10 Jan. 12 Jan. 13 Jan. 14 Jan. 15 Jan. 16 15 Jan. 16 Low. (Close 4^8. 1947-52 , In Exchange a Figures after decimal point represent Exchange No account Is taken of sieh sales daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds on the New York Stock Exchange during the current week. we Copy a Y E A R LY I- MOTICE—Cash and deferred delivery sales are disregarded In the day's range, unless they are the only transactions of the day.- U.S. Government Securities Price 60 Cents For footnotes see page 291. 101.15 100.10 104.2 106.21 5(100.6 100.9 J 101.24106.7 -rs •- ' Tuesday, January 20, 1942 COMMERCIAL & FINANCIAL: CHRONICLE THE 282 NEW YORK BOND RECORD RECORD NEW YORK STOCK Week's p'n uig «tj PRICES LOW AND HIGH SALE 5 5 *141Y 143*2 ll'l *107S 5*4 5k 5*4 IY *17U 18*2 *17 *17'2 29Y 1 % 18*8 43 51 51 *20*4 4312 "431? 7Y *3014 31 30*4 *12512 126 *7112 91*4 19*4 *107 86 89 85 *13 *12*4 187s *5's 6 0*4 918 20t 21 1 96" *95*4 951? 1 »•*«• 61? 1 26*4 28 23 Y 2i2 23*2 24 31'2 31*2 31*2 3*2 33*2 31*8 3U? 31 31 3*8 3*8 30*2 3' j 3334 *33 44'1 44'4 44% 44'2 44'1 44k z43Y 138 1*4 *lk 1*8 *1Y 26% 3*8 7~- 26't *IY 25*4 iY *25'g 1*4 26'i 3*8 *612 *318 *6 r- 3*8 87 1 87 88 *97s 10's 10 10 10's 9 22*4 21*4 88*2 88*2 10's 10 • 21 *5 "t : *7Y 41*4 41*4 41Y *145 Y 147*2 *1457s 147*2 33Y *32*4 33Y *32l2 41-Y *141*2 5Y 34 145Y 14»78 *146 33 *3278 33*4 *141*2 19'8 19Y 19Y 20'1 20 10Y 10*4 10*4 *10*4 10*4 10 ... 8 8 .. 8*4 *8 8 97 20*2 97's -19Y 1978 ; *1912 20 *19% 126Y 128*4 126l2 128 " 48 ~ 4 3*4 48*2 48*2 4Y 49 '.i 3 3 *67 5*8 5Y • 143Y 143" 4Y 3:35*2 5*8 10*4 5Y 5*8 27 5*2 49 49*4 50 26 Y *27*4 27*s - 28'j 17 *27"4 *15Y 27Y 27 28*4 2Slo 16*4 *1578 5 9 *8*2 *65 66 2514 25Y 2.5's 6Y 7 *6?« *3*8 *3*2 4 90 . .... *6'4 64 6's *75 23*2 "3 28' 29 29 Daa 31 59 Daa 26 6 ij 13*2 Mav 92 10 Mai 1*4 Mai 6 "92*4 Mav 25 Juh 121 26 Mar 66 25*g *684 * Jab 90 63 74 70 70 *72 1*2 35 64*2 *612 ♦3*2 *.... "*6M 72 74 - *76 83 *77% 24 *21 29*4 64'2 297g 24 307s 64*2 65 24Y 34 *31 45 *43 21Y 21*s 108 108 *49 7 " 49Y *66 69 45 21Y 6Y 6Y 49 49 *66 69 *113*2 *113*2 118 *83g 8Y *3Y *2*4 2*2 2*2 21®4 25 3Y 30*2 65 24% 25 :■ 32 "■32 32 50% 27% 28Y 28 28 403 Anaconda W & 16% 1684 66■ *65 *26 No par 800 Archer Daniels 72 83 6% 72 "85 Artloom 22% No par Corp— .100 7% preferred 9 133 Jan 9 8% Aug 3% Daa 10 Feb 14 Apr Jan 8 5% preferred-—-..^...100 800 ....25 9,200 Atlantic Refialag— 100 4% conv pref series A...100 3,600 Atlas Corp.... ...; . . . ..... 5 1 200 6% preferred.......V..59 22% Feb 14 Da? 10 Dec 8'4 64% 32 12% May ! 12% Jan 7 8 33 Y June 35% 5% — 68 Apr 35 May 58% Jan 22 -g May 6-84 Jan 10 18 I)e?-23 91% Oet 24 10% Sept 18 88 Sept 5 Dec 29 96% 2 19l->June 6 28Y De? May 29 111*8 Sept 6% Feb 14 111 6 May 16 22 Feb 14 Apr l%May 13 May 6 9 7% July 10 51Y Nov 21 72% Jan 9 47'2 Fab 14 121 5S-. ; 14 14 14m 14% 14 Y 14*2 4 3Y 4 4 4 3% 6*8 6*4 6*2 6*2 6Y 6Y „5%l_ 5Y 5Y 5Y 6% 6j 2934 9% 39M 934 *5% 5% 354 6% *5 28*2 9*4 *5*4 578 30 *28*2 9Y *16Y 10 17Y 28Y 28*4 *9Y *5*4 *29 984 *17 9*4 9*2 9Y 9Y 5Y 31 10 5Y 51" 30 " '10 *29*9 9*4 17i4 17Y 30 17Y • 37 7 7*4 I 7*4 37'u 97 *6*2 *13 37YI 37Y 6 29% 29% 10 17% 17% 19 l|i2 , 22*4 *1834 22 0?t 27 Jan „ 43% , 9*2 29% June 82 May ■ 25% 39% May 6412 Dec 9Y May 23% Jau Jau 22*8 Apr 9% June 22% Apr 18% May 102 June 7 May 43% June 67 May 112% June 4 1% Ma> Feb 10 May 4 Aug 600 Bayuk Cigars 7 *684 38% 37Y 5 — .. Inc Creamary $5 preferred w w 28% *13 *13 37% Oil Co... 1,100 Bath Iron Works Corp.—.*1 400 Beatrice 109% 109% *109 38% 7<s Feb Barsndali 9,009 28% 111 • 7 .... 38% ""SO No par 25 No par 50 300 Beech-Nut Packing Co..-.20 300 Belding-Hemingway No par Beech Creak RR. Belgian Nat Rys part 6 9V Bendix Aviation.— pref. ....6 3% May 27% May 111 Dee 80% May 124% 8 Jau Mar >8 5*2 Mar a Mar 8 % Apr 32 12-34Sept 12 9% Ju% 31 Sept 18 19% May J»n 6Y 8 „ Jau 14% Jau 52% 16 'g 4 May 8-Y 20 May 30% 13% 26% page 290. s 10% July 22 24% Mar 17 23% 17*4 Da? 20 De? 15 3138 Mar 24 20*4 May 36% \ 18% Mav 105 May 35% a MN 32% 127 1960 O ~\i% fund 6s..Feb 1961 A 14 H 103 June 126 25 6% Dec 24 , 31% Anr 21 Jan 6 8% July- 29 Oct 7 17 10 Y Jan 14 ; 41% 8ept 18 7% June 9% 67% I960 ♦6s of 1927 — 14% 5 15% 33 82 14 15" 14M 14M 14 15 24 *_7 2 O 15 15 14 14% 6 14 15% 76 13% 5 13%' 14% 31 13 13% 2 14% 43 13% "*14 % kl4H v. 13M *13 M 14 M l/N Vf N M 13% *14 M 41 "l4% ,24 13% 5 *13 M "H 4 M M 13-% *13 S i.3M D 13 *11% b 41 41 % 41 % 32 M 3s external s i $ 41% 31 % 32% *25 MN *5 30 " A J 1) 24% *25% -1953 if N "23"" *24% With declaration *25 —— — — Argentina 7s..1942 1951 (Republic) 5s of 1904—.1944 External 5s of 1914 ser A 1949 --E xter nail oati4M 8— ——1949 ♦Costa Rica (Rop of) 7s Cuba 4 Ms 14% 13 H 1/N Oct 1961 .....Jan 1901 bonds—....1970 ♦Colombia Mtge Bank 6M8...1947 ♦disking fund 7s of 1920..-1946 ♦dluking fund 7s of 1927--1J17 Cope lhagcn (City) 5s. ...1952 *56 15 l/N M external debt— J J \I 8 *' A 98 14 *101 *102% F-A *100 102% 79% 102% 108 108% 78% —1977 — 9.7 M 2 M 98 MN 5Ms..IJan 15 1953 ♦Public wks 5 Ms.—June 30 1945 ♦Czechoslovakia (Rep of) 8s...1951 81 iking fund 108 *16% *16% ♦dinkiug fund 8s ser B—— —1952 23% D 1942 J J —1955 F A 1962 A O Denmark 20-year extl 6s. , 46 44 46% With dec! aratlon External gold 5 Ms "33% *34% With de?laratlon... External g 4 Ms Apr 36Y A 26 18 ♦14% 0 TI*Cnljgne (City) Germany 0 Ms.'50 Cnlombia (Rei)ubltc of)— Apr Nov Apr 10 14% A ♦Chinese (Hukuang Ry) 5s.... 1951 - 24*? May %IVA asse nted—— — 15 14 *14% 1957 .. 14% *14% 14 H O .. Oct Jau 102 A J Apr 29% May May 9 *14% MN ... ♦6s of 1928 10 O il942 .♦Guarsluk fund 6s , 6 « 7 .1 1961 1962 *68absented— 1062 ♦Chilean Corns Munic 78——-I960 ♦<3h — 3«> 19 J -1942 sented ig 23 -46 1960 Apr 112% 28% Feb 17 M J ♦6Msa seated—.........1957 .*81 nk fund 6Msof 1926—196.1 ♦6%sa8enteJ 1961 .♦Guar sink fund 6s .....1961 Apr 27% July 22 106 0?t 14 32 Apr 28 Dec 4 12 99% 9b % 95 -.I:.,95% 95 95 % *5 J. J f 6s—.Oct 15 1960 A ♦Chile Mtge Bank 6Ms— _ - For footnotes see 95 — Dec Jau Dec 7'* Juue 6 >,;■ 105-M 101M 99 M f8M 105 M 101M 99 M MN .♦External sinking fund 6s—.1962 ♦6s asse ited ..—1062 ♦External slaking fund 6s. 1063 ♦6s assented..... ...1963 ... Jau 19 102% De? 10.5 M ,0i-M Vf N A ♦os a<8e ited., .Feb 1061 ♦Ry extls f 6s„—.Jan 1961 J J J ♦Osasciited.— Jan 1961 J ♦Extl sinking fund 6s—Wept 1961 M 2. ♦6s assented—......Sept 1961 M S Apr 13% De? 10 20 *46 M J Jau 24% 35 J f Feb 61 Dei 4% July 25 61 62 4 8 61% 9o Vl 9Y Mar Dec 8*2 May — 29 19 H N I 66 61 , ,-61M 01 98 M 25-year gold 4Ms.. With declaration 12843ept 12 59 60 % ( J ♦7s iissented 8% June - 2Y May 5's Dec O J ♦Extl si iki Mar 45 100% Mar May ! 13 5% July 31 8% July 31 Aor 23 » 59% -61 ./ ; 1 12Y May 27% Dec 10 *104 7 8 A ♦External si.1kl.1g luud 6s. 1960 Der 2 34 69 *70 s 'f ? 99 M ♦Chile (Rep) Extlsf7s +/* assented... July 102 95 Jan 384 D3? 10 3Y DerV 18% De? 22 *58 A Jan 49% May 25% Oct 5% Jan 2Y I)e? 10 if --195z ♦6s Oct coupon on Jau 6 19 . D 1976 1 >76 1975 - ..—. — ♦Farm Loan Dec Oil July 28 9 r 1944 30-ycnr 3s 1 '67 30-ye tr 3s_ .1)68 ♦Carlsbad (Citv) 8»——.—v.;-195> 1*4Ceiit Agric Bank (Ger) 7s...1950 ♦F irm tioan s f 0s..July. 15 1960 ♦6s July coupon 011 .I960 A pi 9 8 8 6 No par 19 111 37% 5 22% *109 *684 130 19 31 100 50 10% Dea i) 10-year 2 Ms*. J&i,——19 45 25-yeir 3Ms 1961 J 11; Apt 84 3% Oct Hi% prefarrad—...—-.50 600 Barker Brothers.. 22% *27% —— —^ Conv 19% *104 7 4% preferred—.... 5% preferred.—..109 10 1,400 Barber Asphalt Corp. 640 22 ; 31 6% 3,490 Hi,500 Ban?or & Aroostook — Cordoba (Prov) 4,490 Baldwin Loco Works v t C—13 109 8,900 Baltimore & Ohio. 1734 9'8 *27 13 37Y *5% 29% 714 . 9% 9% 17% 19 -.--|*13 5% 9% 29% *21% *103% *6*2 5% 30 9*2 10Y 19Y -- 2934 9%. 29 22*2 18Y 19 19 19 *2184 22*2 22 22 *102*4 *1037s *10284 *24Y 31 *27 31 *27 31" 11034 IIO84 110 110 *109 111 4 6Y 6 Y—6% 13% 334 3% 6% 6% 5%——584 30 30% 13% 9% 17% ♦21*2 *13 6% 7 6% 14Y 29 *19 -- 3% 4 • 28*4 29 14 14'? r F ? B 14 20% 68 ♦Xvii/::* A J locureds 17s.—— — -——-1967 I ♦dtabiiizatioa loan 7Ms.#---1968 M Ar Apr Aug • 3 2% Apr 17 19M' 8 % v 3% external s f $ bo uls——.1981 «jB ilg aria (Ki ngdom of)— ; Apr 4*8 May 65 102% Aug 6 35Y Jau 23 16% Jan 107 MS . Externals f 4M-4%%- Dec May 4 Daa- 9 87 U Dec 9«4 sept , 19% ' 19« 19 M (ProvUce of)— E xter nal read) 4M-4 %s : Feb Ill's 7>8 64% 23 3 Y May ; { 6 Ms of Refu idi \g s f 4 Y< -A . Apr 6 % May 11 15% Nov 4% 8 6% D9? : 97% Julie Sept 17 70% Sept 30 72 Sept 18 34% Jan 10 Jan 20 May 1*4 June Jan 17 112Y Sept 8 5% Jan 25 20% Dea-29 external 8s..1.1941 f 6 Ms of ♦6s stamped. ....1% Exter .ml s f 4M-4M3--,.1-197 ♦6s 2Y 3 s B ienos Aires 113% Au* Da? 10 - s 26 K 20 % 20 2 21 59M 58,M "24% 26 D 22-8 Mar June 9 i i'S 1958 J D I '41% Apr May 20 115% Oct 2Y De? -10 "'87% X t Apr 110%Jane 30 108% Mar 24 D J ' 87% 87M —: *44 87% " ♦87 n Dec May 107 84 1)33-0 26 Feb 20 87% ■Vrftti. I i O Nov June 18 17% Sept 11 5% conv preferred...—109 .AH par 400 Atlas Tack Corp.. 220 $5 prior A... ...No par 7,100 Aviation Corp of Del (The)-.3 61*8 4'4 May 35% July 29 11Y Apr 25 61 690 Austin Nichols..——.-N) par Jan Apr Apr 12 May 35 5034 July 14 30 July 22 46%May 13 No par Atlas Powder...... —1955 1) Nov 25% May 13% Feb 15 1 6'4 12*8 4 45% Oct 21 56 Nov 7 500 Atl G & W I S3 Lines May 101% 8 3L%July 22 ,70i4May 8 28 Y July 22 31% Oel 6 06% Mar 12 5% preferred- ————100 53*2 5% May 14 2 53% De? 10 13% Feb 14 3,700 June 83% June 81% Sept 18 28.1 Da? -%--f <4 1949 M-'s, Apr 91% 99 Y Jin 8,900 Atlantic Coast Line RR—.100 384:4 >. Aug 24% . 89% Due 7% Jan 10 Jan II 10 4 Mar ■ 13 30% 64% F 12 Feb 18 29Y Aug .4 82 24% J ----- 175% Mar Dec 1163% Aug 25 20 64Y F 1; 7-veir 2 %s .—-,109 30% ..1957 S Feb 93 Dec May 2 *8 5% preferred—— --——100 — 21 5714 61H 55 . Assoc Investments Co.No par 7% 2d praferred. 65 58% 8 H N V Jan 68*4 320 24% 4 Jan 51 3 17% 23Y 68% """266 64% 3% 145 7 64% De? 29 7 Apr 11'4 May 6 1 8 159 Dec-29 30% 31 70 >8 6 . Jan llY ; 12% Mav 74% Jin Dec-19 " 86 Mai 11 Sept 17 8e{)t 24 -76 64% 4 08 " 3JY 9% May j 19Y Aug 168?4 Jan .74%. Jan 78 • :■ J M f 152*2 May 19% May 11% July 12 f 23% Da? Sept 24 Dee May 139 28% Jan 10 1 112 2io Da? Mu 49% Jan 21 54 13% Jan 14 Da? 60 19,400 Atcli Toi>eka & Santa Fe.: 103 31% Feb 60% Mav 159% Jan 10 1,100 Associated Dry Goods——1 6% 1st preferred. —100 400 83 *21 '85 ■;, *78 24 85 31Y 70 • j 7% preferred...—#——100 90 6% 30 -1955 1 70% 62 59 % — DeC i 47% Jin 4,800 Armstrong Cork Co...No par 300 Arnold Constable Corp.—5 4 *3% * Midl'd.No pat 24*4 ' 55*2 Jin $) conv prior pref—.No par 2,200 7 *6% 20 5 100 Armour&Co(Del)pf7%4td.lOO 9,200 Armour & Co of Illinois. —...5 26% 72 Cable..No par Corp.,12.50 1,200 Andes Copper Mining 600 A P W Paper Co Inc.. 66 26% 6% -V—'»109 Preferred-...—.. $5 div preferred 9% 4 122 3% D33 1 17,60.) Amar Zinc Lea 1 & Smelt 500 $5 prior conv pref —.25 29,609 Anaconda Copper Miiint—50 1% ! 90 9 S"pt i 22 Y xl43 200 Anchor Hock Glass 7 F«h 43% Da?-9 No par Woolen American 1.9C0 6il- \ Apr 1181 May 5 Wks & Elec.AH par preferred. Nj par *49% ■ 3% "2366 69 *4 1926-.1957 Dec 81 Am Water 5% O 12% Mar , - Fab 1 115% Daa Dec 11Y 6 Y Da?' Corp--i. 14 5% 10Y - 5*4 54 13 preferred.#..-..---*103 75% 1972 4 i 114 With declaration 41% ' 44% 44% 44 44% 44% 44% 45 2I84 22 21% 22% 21% 21% 21*2 110% 110% *107 110% *107 110Y *107 *6*4 7 6-34 6% 6 34 6«4 *6*4 7 *49 4934 50 *49*4 49-34 4934 *49U 50 *66% 68 *66 63 *65% 63 *66 68 4 -6% $8 1st 44*2 3k - 4,700 3 21 *107 4 700 75 *113% 118 *113*2 118 *11312 118 118 *11312 118 8% 9 884 8»4 834 *3% 87g *8Y 8Y 2% 2% 2% *2% *2% 2% 2*2 *2*4 2*4 22 21% 21% 22 22 22 22 *22 25 334 8,800 Amarican Viae>se 70 . 74*2 Nov Mav 8% Da? 10 Fomdars Inc..^-lO Am Type 77% 1927.—1957 >,*7s (Central Uyju.#..#—;1952 Brisbane (City) s f 5s—-.1957 81 iking fund gold 5'...... . 1958 Slaking fund gold 6s 195(1 "•B ldipest (City of) 6s -196 ♦External ♦External .18*2 Nov May 155 9 9 Da? 15% Da? Tela,' Co—>.100 9% Mav 48% Maj 5 29% Da? 26 30% 31% 64 Y 25*4 32 33Y 108 31Y 65 24Y 3334 64't 24 Y 85 84'2 '-*8412 : 76% 68% 17s..-.—1955 ♦Brazil (U 8 of) v: f Jan 2.3 Mar 13 135 54 81 1)3 91% With deel aratlon..—. 10%. Jan 163 Mar Juu< 2 ?•': *21 24n 84 *78 83 *21 84 100- Ds? 10 108 • #-4% May t35 Jan 13 10% Oct 33Y Da? 10 Tobacco.-25 class B...-——25 6% preferred 100 ■ i 40% July 29 i 45 Y July 28 Da? 10 29 pat 28% Mav Jan 13 7 4% Daa 10 63% 29 30 69 M With dec! iritlon... . ^External si ikl ig fund 6s... :/ Jan Jan 6*4 34% Mav ■ -6 Camman x 3,401 10 1% 1*2 *34*2 35 35 r 112% HOY ♦111 3% 4 4 64% 6484 65% 26*4 4 *31, i 6Y 6k : 110% 3% 26 7 5,700 V 0 50 Ma* 2 v 7% Jan-10 Fab 17 165% Aug 15 Da? 10 i 15% Jail," 6 7384 Jan 4 Da? 10 155 • 90. 4 > Da-17 3% • Apr 20*2 Aug 30 3% Jan 13 4684 Jan 13 39. 17% De? 10 Vmarican 2.10C " 17 *65 66 2534 7 4 90 6*2 *65 25'2 7 *3*2 4 93 11.401 ; •; 20-i Da? 27 Tobicco—No par Vmer Telsp & *112 *10 66 *65 25Y 67g Vm Sumatra 401 121 Jm24 Dec 27 *20 D J 1f#Bcrlln (Germ any) s f 6 %S—.1950 Jan -3% 12% — WUh denl nr. atloi;.. , : 23% Rarining—lOO 100 Praferrad- 40C *10 M Mar 20% JIIBI External s . Mar 147g 11M 91 % With (led .r ation ; . Deo 6YSppt 17 11M 10% *10 M State) 6)4s—.1945 Externals f 6s. Jan .38 MM 10% A With deal ir atlo 4 Apr 95%June 21 1384 Jan 6 — It : *10 M *10 M .1972 Belgium extl 6Ms With debl iratio 1 Aug 57 22% ,! 23, .De? :20 J J B ivarla (Free Jan Mai •:>-: % Vmarlcm Su4ar 4.801 • With declaration : Mir 12% SepM .41% May Jan 10% :.r 11 .1971 UN ^♦Austrian (Govt) s f 7s Apr 36 ■ •:-i%- H\ 8 : 13% J in 27 Flxternai g A*pr 66% 3% ' Dpi Ma? 10 Co——Afb par 5Y 112 *112 9Y 1*4 21 37s 1% 18 7 2*4 Fab 15 15% A K 24 111 Mar 4 Vmarlcan Stores..—- -N0 29% *'64 83 *21 3 10M 1927- . 1957 4 Us of 1328... —1956 Apr 77% Daa 10 8% Da? 10 1,501 28Y 27% 29% 17 84 *67s ; 38 45% Mav 8 preferred—..100 5% r>% 51 28 21 21 Mav 17% Jan 10 - 75% 76 5*2 *16 *76 *43% Mai • 10% J Exter ill 5s of 50*j May 6Y Apr 7% Daa 10 8,901 25% *67 5*2 5*2 17"" 85 *107 61% Aug 2YSept :• 30% Oat 6 -2 vmarican 4 4% 2% 3 28*2 29 83 *32 3 " Fib 14 Dac 26 , 32 *26 ,0M .1948 MN J^a,.— 4%s... 4s Feb 8 f extl conv I nab 4s Apr Austr ilia Com'wealth 5s... Jan Jan .•2 Dili) 38 Smff——25 6% praferred—.. 100 vmar Steel Foundries.-Af) par 115M 115*4 75 *48 ""21 ' 7% 24*« Mai O (National Government) S f ext conv loan Jan ' iDes 21 8 ' 40C American Stove 25% 258, H15Y 116'/ 50 85 •• :H8% 9% Mai 1 201 8 414 4" 76 21 24 3*4 Mar 6Y Apr 2% Mav DsalO V 4Y Jan 10 33% Aug 29 361 Yv. — 8 f extl conv loan Ja» 23 38% Jan -4 20 101 9,701 - S' *76 64 - ■ IO84 Mav 28%S-pt 19 May 15 42 Products—.1 Co-.iV) par Vmar Stdra Buillina: Co.Ni par Vmer Smalt!na; & Refg.AT^ par Pre ferred10 0 291 : 19% 76 74 78i2 29Y v Dei 101.5 *26 * 4 ?/ R series.1957 8 f external 4 2Y s4 3% Jan 13 27 Arge iti ic Apr 91% Mar 3%Jun< , 24% S apt 19 —2 Leather... 1 Jan 15% ; Sep1 1% May V 6% Aug IY Jan 2 IY Daa 10 Vmarlcan Seattm? 96% 19% *67 *1 *1 1*4 *1 l'l 1 lk 34 34 *33Y 34 34*2 34 33*2 34 *110's 111*2 *110*8 111Y *110*2 112*2 *U0Y 112*2 33.! 334 334 4 37s 4Y 3*4 3*4 64 64 *62 63i2 61% 61 62 64 *65 75 95*4S'ipt 11 1% Jan 101.4 101% 104 104M F external 5s,-. .1958 With de?L ration—— Apr 8% Ma? 8 01.6 00 .30 f 7s scries s Antwerp (City) Feb 9*4 4% Mai K (Cilombi i) .1947 ..19tg Nirwav) 4$. 1968 — — -. — ♦External see s f 7s 3d 1.40% May "13 5% Mav 11% Ar 15 29 Fib 14 American Safety Razor'. .18.50 96V 19% 125's 127'4 126Y 127') 4384 43-3 -11%. 43V 49% 49 Y "49** 49 *140% 144 •140*2 144 97% 31 5Y 43-i % conv 1,991. 20 20 20g 19*2 50 9*2 9*4 5 ' 4% 75 76 5*4 *112 *112 *112 9 Mai 9% A^:29 9 1484 Fab 15 Vmcr Mach & *7Y \ 9 20 5*2 ■' 5' 6 76 75*4 5 49 11% 57 /j;; 75 4*4 49 *46 Mai 9 19% Aug % Da? preferred.——.50 _ 11% *96% 25* 3 *68 *15?8 4*2 165 56 • 3 *67 75 Si 2 *._•._ ' 4U Jn Ma? 112 : 884 J m 21 % D1? 29 3% 100 Jin Nov 2 Nov 23% Jan 115 Nov J in 21 121 9% Fab 19 78 J11 7 Preferred...a—109 Vmer Macii & Fdy Co .AH par --- 20 4 ■ ril5'4 1153 75 2Y 3 , 74 75 *74 * * ♦141.1a 19% 20Y 20*4 .10 '4. 10% 10*4 •141*2 ' . 75 2Ts *67 "49' 49 *115i2 117 115*2 116 484 v 145 *142 *140*2 145 4'i 4Y 4'8 4"i .25% 25^4 25% 25*2 255 25Y *11514 116 *7Y *8 48 48 145 *142 21 4% 734 34 34% 34Y 34*2 41% 42% 42*4 42Y 147% H46 147Y *146 34'4 341.1 *33 34 971 20 128* 128 48 47*4 411? 47 '2 I 4712 48 47*4 5Y 7Y *5Y 20* 21Y ; .21 96 Y 97, 21*4 96 Y 19*2 127 126 2034 9 97'i 20*4 21 20* 10* *8'8 25*2 %.:'?> 3, 24*2 25 4Y 141*2 141* 19*4 119 25Y 484 *..— 165 1134 11Y .56 U 57*4 33 —- " 115 xl7 484 Dai 10 4% Fab 17 Matals—Af-) par 3,40( Vmar Metal Co Ltd— -Nj par 6% preferred 100 14 Amarican News Co Nr par 4.90-' Amer Power & Lljht-—ATf par 1,90< $8 preferred —N> par $5 preferred ii.No pat 1.701 Vm Rad & Stand San'y.ATa par 9.301 Praferred0. i.... 100 Vo'jof Vmarlcan Rolliic: Mill——.25 22% 22 *115 119 25Y 43 1471; 4?Y 19Y •* 60, 1,00 4% 4% * 434 2212 21 f 7* ,351; 5Y *14U2 19*2 10Y 26*4 34 25M • *7i8 5% 34 34 33Y 20U 1.43 89*2 84 3/ 25Y s4 *7Y ,'V 7'» *34'4 34Y 42 4 2's <5*2 77» 5*2 7 *96 25% J'»h 16% D3? 10 Air ? 90% Dai 31 9 2 M ir 27 100 American lea 10's *2584 4Y 5*2 *7i8 *10 6% conv 1.500 Amarican Home 1 89 *22Y 26' ; 33 Y 300 43 *1*4 10*4 HIS 119 *25 25 21 24*4 4*8 4Y 65- 83 Co...---10 800 Amar Haw lii in 89m 434 22'F *115 26a *4 *4 s4 84 " , 21 21 Mai For'n 4,000 A marie an Hide & 3Y 36Y 43 ,1:) 27 *10 4*4 4*2 22*2 24Y 25 V 2514 21 21* 20Y 21*4 4Y 4*/ 4Y 4Y 4*4 *....165 *..... 165 *—_ 165 *...165 J 1*4 11Y 12 12 1!Y 11*4 11*8 11 *2 56 571 56 56*4 56 56'8 56 56*4 *24*2 $3 3Y 443g 89*4 \ 10V 4*4 23 *25 26*8 25'2 *4 25'2 *4 , 9Y 119 *115 119 *115 26 '; 34 • 88Y 4*4 2214 4'i 4's 119 26 79*4 J Hy 11 " 4*4 22% 21*4 *314 *39 , 10 97s 88*2 *115 Fib 15 107 104,6 *10i/>2.01.,0 I)——19<5 ♦[Dxternals f 7s 1st mrics —.1957 ♦ E ttor vil sec s f 7s 2 4 series .1957 ♦External 33% May 13% Mai 103.3 Munlclpal. T Dec Mai AH par V. 203 6% non-cum pref—— 109 *2514 27 25*4 ♦25Y V 400 Amar Iuternat Corp.—.Y > l>at 3% - 3% 3*4 314 8Y Amarican Invest Co ol 111— 1 *7 • 8 *7 W 8 8 ■:J 15 =« 40 40 6% Cfflv preferred—-. — -50 40 40 45 Vmarlcan Locoinjtive.AT) par 3,80 934 9V 934 '.v'9'2 10 Y *6 Y 41 *39 41 9*4 " ; Sit : ;«8 7 'g *39 27 *25U 10 87' *4'S $7 1.700 185 18 ; * 108 ICO. 12 103 04.21 104 29 1) J *A itioiuiii (Dent.) coll 7s A.-.1945 ♦external s f 7s series B....1945 T ♦ external s f 7s series C....1945 r Jan 16% ♦ Mai ' 45 9*4 $7 2,000 30 30 3 i 44 '2 6,400 2*2 ;■ 33Y *1*4 *3% *2 30Y 44'? *39 26Y 22% 26Y *21% 3*8 *33 2,505 9ia «5% Dec 55 -- Akershus (Ki ig of 2% July 00) 164 ~ 101.4 *ico:s , ^^..>980 Agricultural Mtgo Bank ♦ ltd sink fund 61—. ♦ ltd shk fund 6s —. Mav 9Y 45% Jan 135 J line 3i84J uly 2? Saca-iiV) par Power.—iV) par praferraij--—...Ni par 2d praferred A — Nr.par praferred. N) par Amar & Mv Foreign Govt. & :: Air 19 709 \m?r Euronaan 33Y 3*8 3Y *32*2 33Y 200 V marie an 23*2 312 *33 1 5*2 2's *2Y *22 33Y 3 *32*2 *'% 5*2 26^4 26*3 2*s 24*4 2'i 6% 1st 96'4 ,8j 27 24% 2l2 50 < 50 128 8 Ao* -Jan , MM M Anr '2% Jut 1% Jau . 75 5% Jun» ,28 104.28107.28 Aor 23 10 praferrad —100 E icauatlc TilliT-.l 4 Y 26*4 27Y 2*2 ,t 35 Jan 185 21 fatJun 95% Jan 10 Da? 31 Di? 3) 2.900 Amarican Crystal Su?ar 1 ; 5'2 '2 23 26*2 *l'ia 5 55'4 Co.--.lO Alcohol Corp—20 Comm'l Am Transit TJ iifi?itto \ I -s te— Apr 58'j H 41% ' 8 47% Deo 157% American Colartvos 1,609 6 9% Aig — 20% 97 20Y - 5Y 96 *35*2 17g 78 5 - , 21% Da) J Now York City V fan 2 Y 38% Ma 12% Mn 63% Jin 10 0 Fdy-.N) par Pre ferred... ^ -10 0 1,500 600 Am Chain & Cabla Inc.JV.) par 200 5% canv nreferrad —109 900 Amaricm Chicla.— -Ni va* Am Coal Co of Allath Co NJ25 9Y *9 20*2 - -.. 18 _ High 100.9 N 1 ;4 3% Corporate Stock. -25 Preferred..«- V . 9% Ma? Sept 15 F:b 19 5,0)0 Amarlovn Car & 534 *434 9Y 884 20 21 9.3*2 20*2 r8 *22*4 22l2 *31 8-*4 6 *3Y 6 9'4 *3Y 8 ?8 1 26 21o 2*8 6 *5Y *8 25*4 18*4 512 5l£ 6i2 » ia *13 96Y *95 1 *s4 *5 91 20»« 197 96*4 *95 110 87s 87s . 20Y 20 *36 6 *5ls 19*4 1912 73*4 *107 89 18*e 5 % % Tanv pref-..-;-.-109 1,100 Amar CableRaijlo Corp--1 200 Jum 1% M tv 1% Aug Low Nov 18 •, 1941 No. *i 04.23104 31 *.04.22104.30 <3 M A.*ri.—--194^-1958 if N 2%sseriesG_. -.1942-194« T r 1 i^sseries M#.— —1945-1947 J D v for Year © . 3a,o<irIe8 Jan 41% Mil 3 2 D?? 10 8>4 Jin 39 J me 18 25% DJi 10 130% Oet 23 xl2?*2 Air l 1 Mar 13 V 3 Aug 230 (Conclf) r C irn—-1914-1961 1944-1940 Home O viers* Loan Cirp— Dm 79 Mai 21?4 Mav « 2,100 9Y Jan 4% Ma< 55 21% Aug 13 20 Apr Range -w © cq&2 High Low 3s-.--r-v-„#—1912-1947 2 Ha# 1942-1947 Jan 16% " J'in- Price ... - - 3s . u 8% Mav 10 Apr 182, 135% Mne Jin 37 n% Ant 2> 4134 Das 23 10 3,900 Amsrlcan Can ■ Aor 12% 684 Jim" 63%J'ily 22 v 10 6% praferrei.—->---50 1 1,400 Vmarlcan Baseh Corn Vm Brake Shoe & Fdy-No par 5Y 32 8 33. 33 *126: 130^4 126 126 *i'2 1% *x'2 l-s4 *484 321? 63*4 33 72*2 110 110 *107 31*8 72t2 20 72 1,309 \m 1,500 Vta Alrlluel Inc.. 2,400 A in arte m Bank Note 170Y *161 *160 -.50 Oorp.-N) pa VTlcChem (Del)..No par 64 Y 63 34 63 Y 64'1 64 17JY *161 ' 17 JY 17JY *.6i 31% 31Y 3IV 32 3i 33 73 73 7234 73 73 73*4 * 19'8 19Y 19Y i9*2 ♦19*2 20 *105*4 HO *105M 110 103 103 84 84*2 84i2 8412 *84 86*2 *13 18% 18*8 *13 18*8 *13 62Y 41% Fab 14 14% Fib 28 LeitharC) Itic.— "*■' " 2 167% J ily 28 13 A lg 27 1484 A or 24 9 Smt 17 87 <)?t 29 900 Vmerada Petrol 48 *46 434'5 33*2 32'4 7Y 48 *46 5*4 5 44% 7*2 7Y r 48 *46 21% 45 45 VmilTam 6% couv preferred 54*2 2234 44*2 7Y 54M 21Y *23Y 45'2 7*4 2,109 1 17Y 55 54 21 7Y ' 18 *15*2 100 5% praferred. pa 7,200 Vl!h-Chalmars 900 VI )ha P >rtU ul Ceui. .N1 par 29% I I7i2 *15*8 300 soy , *17*2 l's *1 l'« 17'2 53' 32, 6'*8 61*8 10L34 161*4 31*4 -32*» 83?* 32 73*2 19*4 *3114 18 126*4 126*4 *126 IY IY IY IY *1»2 IY 61% 61is 901*2 161*2 18 126 126 126 29*2 44Y 478 32 ; 5% *7912 21 7*4 4*4 4*2 3314 , 6 29 8 z>3 43 *46 48 4*2 - 13% 807s 5*4 —6 1,100 Allhl Mills Co Inc....AT) pa* Ni pa 4,100 Ulle l Storas Corp. - . 15% Mav 11*4 Jin £ *3 1,3 Friday's | Bid <& Asked Sde Fe dirul Farm M irtgage share $ per th re 20% May $ per shaf per 25Y J m 6 9 20 4Y Da? 135*4 Dec 24 10 1 Fab 1 11% Da? 10 % 5 Da.a 9 71-YMiy 14 21% Da.a 10 14% Mir 13 % Daa 9 10 Apr 12 Ultad Kl 1 Co 200 13 14 534 29'2 l's • 414 *11? 7Y , *46 48 13 13Ts *79*2 *15'2 52 20V 44*2 52 21 *11*1 29t2 ' 30*8 18 18 1*4 18*2 Us *43 7Y 712 *7% *457x *412 18 *10 S3 ' 21 43" 1 *51Y *2012 *1114 Highest , U. S, Govsmmint $ share per 17% Da? 1,600< Vlllal ChstntcAl & Dye.Nr par 141 6 81 5*4 30*8 18's 141 *13Y *79*2 81 29Y 17k 17k 5Y 80 5 143*4 143*4 5 5,290 \Uhny Lud Stl Corp. .No par 1.790 Align Indmtrbs Inc. ^....1 21Y 5 13*4 13*4 14 5*8 H3Y 21Y 5-8 5 1417g 141.78 *14312 145 *11*4 13 11*4 11*4 81 29Y 18*4 1*4 *7912 ♦16k 4*4 Par Shares $ per $har» 2178 *21U 22 5 2112 518 5*4 " 82 29 29 21*4 5 13Y 13 Y 13% 1314 *7912 21 21 *5 514 141 14312 10Y 10's 20*2 2U2 20s4 16 Jan. Jan 5 per share $ ver share $ ver share $ rer share 14 Jan. 13 Jan. 12 Jan. 10 Jan. % rer shnfe Lowest H la hetl Loioetl 16 Week Ended Jan., EXCHANGE Week rr.ynvT * NGE N. y. Year 194» , the Fridai Thur Wednis'/vi Tuesday MonSao SatUTdwi On Basis STOCK NEW for Range or Last BONOS Range to- Previous 1911 if lOO-yowrg Lots Range for Ye zr Sales With deel aratlon, Apr 15 ———. For footnotes see page 2911 " 30% 32 10 ; . 107 26 103 V: 103.2 Volume 155 Number 4035 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD Friday BONDS - N. y. STOCK EXCHANGE Week Ended Jan.16 Foreign Govt. & Munic. (Cunt.) La.it Sale Price NEW YORK STOCK RECORD Week's - Range or Friday's Bid Asked y Range for Year ■k 1941 LOW AND HIGH SALE PRICES STOCKS NEW Saturday Monday Jan. 10 Jan. 12 Tuesday Jan. Wednesday 13 Jan. Thimiay 14 Friday i Janyi 5 Range for Year 1911 YORK STOCK Range, for Previous On Basis of 100-Share Lots Year 1940 EXCHANGE Jan. 16 Dominican Rep Cust A<15X'S—1942 §*lHtser 5Xs of 1926....-.1940 §*2d Heries sink fund 5Xs- —1940 Lowest Shares t , • . S Par , Highest share per $ Beneficial Indus Loan—N? par Pr p.112.50 dlvser'38 Ni par 60 Best & Co 2,800 19YD33 26 • 10i2 Dec 27 1 Customs Admin 5Xb 2d ser—1961 5Xs 1st series 1969 5 s 2d series. 1969 . „.-j — N 1 par. Bethlehem Steel (Del)—Na par 7% —_• „ 283 ♦Dresden (City) external 7s.. 1945 preferred 115 .100 Birelow-Sanf Cam Inc.AD 67 May 2 3434 July 23 9 89% Jan 3 13112 Jan 28 D?329 21 D30 31 3178 Aui? Black <fe Decker Mfg Co N? par Blaw-Knox Co -...No par 15^4 Dec 19 2378Sepc 2 101,1 jan 4 Bliss & Lau'hiin Ino 13 18% Jan 8 par 5 ....5 Blpomln«,dale Brothers. Na par 10 Dac26 17 70 Dec 31 90 12 ..5 Aluminum <fc Brass."..5 Bond Stores Ino Finland (Republic) ext 6s.....1945 With declaration Borden Co f 6X8—1953 — Briggs & Stratton Bristol-Myers Co 7 5 No par •j ♦Hamburg (State) 6s par Participating preferred.. 100 Byron Jackson Co No par 1960 With declaration 23' 514 Jan Jan Dei 27 Maj 14*4 Maj 0% May Mar 21 6 Jan 17 97 Maj May May 9 9 8% July 22 34% Jan 6 20 Dec 26 35% Sept 17 20% July 28 5684 Nov 5 17% May 12% May 93s July 24 "7% "bei Dec 76 Dec 10 May 8 534 Dec 23 134 Dec 10 15 » 1 '2 i5®4 Nov 12% 12% Jan 118 49 3 >8 May 41.1 Sept 25 2'8 Dec 10 6 Dec 9 43g Jan 1134 jun 76% Feb 14 100 7i2 Apr 29 12 214 M ay 4, 9 Jan May 5'2 May 4% Maj 17% May 618 May May July 28 ' Jan 2 9 Sopt 9 678 July 28 23 Aug 6 9 Dec 4*4 Dec 10 18 Dec 29 5% oonv preferred.. 30 Butte Copper & Zinc.......5 Byers Co (A M) No par ....1946 With declaration 51 ♦Heidelberg (German)ext 7 X8. I960 Helslngfors (City) extl 6 Xs par 1 Bush Terminal. 1 Bush Term Bldg dep 7% pf 100 Butler Bros......... 10 ♦Haiti (Republic) 8 f 6s ser A..1952 2% Aug 9 6% Jan 14 1414 Sept 22 37 Sept 13 3 Dec Burlington Mills Corp Conv pref $2.75 ser. .No .... 7 Mhj 21 5% 18% 23l8 15% .No par Oct 8 13U Maj May 38 May 27 9 par ...No par 8 45U Feb 14 ...No Bulova Watch Jan 2 July 29 51 Budd Wheel.... 6 41 9 2% Dec 100 Burroughs Add Mach—No With declaration June 11 . Billiard Co ♦7b part paid..... ..1964 ♦Sink fund secured 6S......1968 ♦6s part paid... 1968 12% Jan 251s Jan ID8 Dec 30 718 Dec 29 par 6 17% Deo 17 Jan 16 100 xl09 Sent 18 314 July 30 Dec 17 30 7% preferred I ser 7s.. 1964 s par par „. Budd (E G) Mfg 21 31% Jan Dec 22 7% preferred 5fGerman Prov & Communal Bks ♦(Cons Agric Loan) 6 Xs..— 1958 ♦Greek Government par Jan 18 23% July 11 21% Sept 9 Apr 19 I Bruns-Balke-C dlender.No Bucvrus-Erie Co .......1949 54 Dec 27 No par Brown Shoe Co ♦5^B3ptd (Canadian holder) 1965 ^♦German Repextl 7sstamped.l949 unstamped 5 Brooklyn <fc Queens Tr.No Bklyn-Manh Transit..No Brooklyn Union Gas No ^[German Govt International— ♦5Xs of 1930 stamped......1965 ♦5Xs unstamped 1965 9 Jan 111% Jan 23 16% Deo 29 63,j Dec 9 14% Dee 27 23 % Dec 27 38 Apr IS h Dec 16 ..No par 1 9 78 Feb 19 Brewing Corp. of America..15 Bridgeport Brass Co No par Brlggs Manufacturing.No par 7b unstamped.....—.—..1949 *7s 16. 28 » Oct Mar 13 35 Apr 29 Dec 9 18% Deo 10 Boston & Maine RR..—..100 Bower Roller Bearing Oo 5 With declaration Dec 39 I 17 ...15 8 243,i Sept 89 1 „ 21 or 3 i Bor?-Warner Corn.........6 With declaration.. French Republic 7s stamped...1949 . — (The). % A 25% OU, 17 Bon Ami Co class A...AT) par Class b. j,. v jy-j par 8 Die 29 Boeing Airplane Co.. Bohn 51 ♦Frankfort (City of) 9 Die Blumentlial & Co pref.._.100 ♦El Salvador 8s ctfs of dep....1948 ♦Estonia (Republic of) 7s.....1967 Highest share ner 20% Jan 10 Au? 18 51% Das Lowest 39 6 9 May 14 May 5f Hungarian Cons Municipal Loan— •7Xs secured ♦7s secured s s f g— 1945 f g ..1946 California 51'Hungarian Land M Inst 7Xs 1961 ♦Sinking fund 7Xsser B 1961 Packing....No Hungary 7 Xs ext at 4 Xs to.. 1979 Campbell W&CFdy..No Canada Dry Ginger Ale. 51 Cannon Mills 1960 434 Dec 9 9%Novl2 1078June .3 26% Dec 10 3 Dec 22 32% Dec 26 1% Dec 19 32 Dec 31 par 5 •|*Italy (Kingdom cl) extl 7s.. 1951 •I ♦Ital'n Cred Consortium 7s No par Capital Admin class A $3 preferred A 1 .10 Carolina Clinch & Ohio Ry. 100 Carpenter Steel Co ...ft Carriers & General Corp 1 ser B'47 Tf ♦Italian Public Utility extl 7s.1952 Case (J I) Co With declaration... 39«4 20% 19tf5 Extl sinking fund 5>$b ? With declaration 94% i 784 *71 21 [♦Leipzig (Germany) 7s s t 40% 20% 91% 92 *119% 11934 ♦Jugoslavia (State Mtge Bk) 7s 1957 1947 ♦Lower Austria (Province) 7Mu-'SQ 1% 94% 7% 72% 213s 1% 39% 3934 36 Dec 23 50% July 15 18%DecH) 2934July28 Celotex Ccrp 21 21% xl5%June27 Central 111 Lt 4X% pref..100 {Gent RR of New Jersey—100 Mendoza (Prov) Preferred Mexican Irrigation— 6% 1943 ♦Mexico (US) extl 5s of 1899 £.1945 ♦Assenting 5s of 1899 1945 ♦Assenting 4s of 1904 ♦Assenting 4s of 1910 F Dec Oct20 1969 18 2 s Prpf (§2,50) cum dlv No par Chic Rock Isl & Pac»fic-100 7% preferred 6% preferred Apr 1958 Norway external 6s External 6s B 48 9% 95% 1965 .1963 a 48% 9% 2% f 5s. .1970 With declaration With declaration... 6 2% *97 34 Extl deb 5X3—. —..1958 With declaration.. ; Oslo (City) 8 f 4 Xs —1955 With declaration.„——.*.. 76 5 5% preferred 2 Dec26 29% Dec 11 139 Apr 26 For footnotes s Bee page 291 Jan 1134 May Apr 41% Jau 102% Feb 3 134july21 6ig Oct Feb 38*4 Dec R-% 17% May 10% June 2% Oct 30% May 84b June 4 3 July 31 5 814 Jan 10 1U4Nov l9i2July21 44% Jan 9 54 July 24 be Feb 6% May 8% May 23 b May 41 May 6 bi Dei 38 Jan 17 b. Dec b Jan 18 9»4 Sept 16 7% May Dec 1434Septl5 9 3 Aug 29 27. Jan 27 20 72% I034 104% 46% Jan 2 Feb 5 Aug 12 Feb 20 4%Sept22 40% Aug 2 139 Apr 26 May 1% Aug Aug 53% May 8% Oct 85 Sepi 44 Sepi 2 May 24 May 124 July 24 98 Oct 20 May 23 26 May 105 81 Decl7 7% gtd.50 50 48%Nov25 Climax Molybdenum-.No par 27 34% Cluett Peabody & Co.-No par Preferred..: 100 142 Coea-Ccia Co {The);..No Feb 14 100 78 Dec29 60 Mar 17 740 July 16 par conv preferred... 100 par 100 10% Dec 23 100% Feb 15 11 Dec 27 105% Dec29 12% Dec h Dec 9 8 4% 1st preferred......'. 100 4% 2d preferred ...100 1 Columb Br'd Sys Inc cl A.2.50 11 Dec 17 Class B. 2.50 Columbia Gas & Elec..No par 11 DeclS Dee 10 38 Dec 26 6% preferred series A...100 1 Dec 18 43% Dec 18 42% Nov 27 100 50 Marll 44% Dec 30 148 par No par 33'4 Jan 10 Sept 9 84% Oct 11 28% Feb 18 Dec 26 ...No par Class A... Colorado & Southern.. footnotes see page 3% 114b Mar 5% Apr May 5% fror Apr J urn Cojo Fuel & Iron Corp.No f 6s 2d ser.. 1961 beb May Mar 56 5% preferred ♦Nat Loan extl 12% 72 26% 6 22% May 108 $4.25preferred......No Ext sec ref 3 Xs ser B 1967 ♦Pernambuco (State of) 7s....1947 ♦Peru (Rep of) external 7s„..1959 ♦Nat Loan extl s f 6s 1st ser.. 1960 Dec 100 Jan 15 42% 76% Jan 126 Oct Aug 20 5% preferred..........100 142 3% Nov 75 Sepi 85 Colgate-Palmollve-Peet No par 1963 May 2% 115 Coca-Cola Intern Cor p. No par Stamp mod 3X& ext to«.,»»1994 4 88 Det 7034 Octl7 Clev & Pitts RR Co , ♦Panama (Rep) extlsf 5sierA.l963 May 109% Dec 10 Special gtd 4% stock * Dec 10 9 Aug 1% 100 Collins & Aikman ♦Stamped assented 5s 41% Dec 22 8 Dec 18 92 1 '<> 106 Jum Clev El Ilium $4.50 of .No par Clev Graph Bronze Co (The).l 9884 *138 6 be July 25 8%May 22 1034 Feb 7 1 Dec 9 20 Dec 11 40 J 8 Jan 4i4Oct24 44% Jan 13 be Dec 100 No par C C C & St Louis Ry Co.-100 Apr 107%Octll b« Decl7 100 City Stores .-.J 42 guar 69.1953 With declaration 49 X% preferred Clark Equipment *49 If Oriental Development No pdr 9% Feb 19 City Investing Co... 33% *80 5 City Ice & Fuel— ; *68% 76 *110% 111% *27% 28% ^♦Nureinburg (City) extl 6s...1952 25 Chrysler Corp 95% 42 33% With declaration Municipal Bank extl No par Chile Copper Co 1956 *31 f extl loan 10 Childs Co 1944 With declaration. 4s No par Chlckasha Cotton Oil With declaration... External sink fund 4)^8 With declaration.... Externals f 4X8 100 100 Chicago Yellow Cab 1943 With declaration •' 37% Apr 22 Chicago Mail Order Co ...1957 f 6s. 1*8 Mar 12 l'n Mar20 37sMar2U 3% Dec 26 5% preferred.— New South Wales (State)— External 50 6 Chic Great WeBt RR Co...50 1952 ....1959 Dec 3234 May 15 May 99%Jum 4 «634 Dec29 2% May 23 31% Dec 26 Dec 29 92% 42% May 20 May 21% Jan 5 »n Dec23 Jun< 15% May No par 93 100 37% Jan 14 2 25 Jan Apr 3% May 2212 Sept 100 Apr 6% Mar 10% May Jan 13 14®4 Dec30 Chic & East 111 RR Co.No par Class A 40 .....1958 6s 34%Julyl2 95t2DeclO ChicagoPneumatTool.No par $3 conv preferred No par 8 f July 28 Apr 2 .>% 40 6 3%July24 26 Anr 45 Aug 4 Feb Dei 2% Alay Jum 97 Feb 8% 19% Apr 23i» 36% Aug 75% Jum 22% May 2 May 39% May 5 Oct30 1% Dec 10 22% Apr 21 J uiy 238 May 29%Ma> 17 No par Chesapeake & Ohio Ry Preferred series A 34 Dec 48 Dec 29 9 Mai 1% 9 {Chesapeake Corp Mlnas Geraes 11 11% 75 Sept24 2234 Mar 25 2 77 15 May 4% May 115% Jan 29 9 —-412 Aug 1 3 17 Dec 8 Dec Feb JS2% Mar ' 1 10%June 10 Checker Cab Mfg t♦Milan (City. Italy) extl6^8.1952 Extirnal 122>8 Dec l%Decl6 108% Dec 10 - 2 Jan 6% pf. 100 Common I^Treas 6s of '13 assent...T1933 ♦Sec extl s ♦Sec extl s f 6 V£s ♦Montevideo (City) 7s. ♦6s series A... 100 No par Cham Pap & Fib Co 1964 ..'..1945 (State)— f 6^8 prior preferred Chain Belt Co Deo 19 4% Feb par ^.100 Cerrode Pasco Copper .No par Certain-teed Products tl 4sreadJ...—1954 ♦4^8 stamped assented 65 Central Vloleta Sugar Co 1964 125 5'% Dec 10 Century Ribbon Mills.No ♦Medellln (Colombia) 6^8 8734Septl8 116% Mar 19 No par 5% preferred 100 Central Agulrre Assoc.No par Central Foundry Co........ 1 2%_ 2% 16% 16% 3i2 Jan29 No par 7% 72% *105% 10734 *105% 107 *2:%.1_2<% 16% 17% 22 Apr23 zl% Decl9 Feb 14 Mar 18 7% *71 2 92%May 20 30% Jan 14 112 CelaneseCcrpof Amer.No par 5% series prior pref 100 7% p-lor preferred 100 7% 2d preferred 100 *184 7 Jan 514 Aug 2 3<J7S Apr 3 3% July 31 41 Jan 17 43 20% 91% 11934 120 94 '94 91 Dec 20 40 26% 50% July 6 100 Caterpillar Tractor. 20% 79 7% Jan 14% Jan 10 17%6ept 18 100 Preferred...'. f Japanese Govt 30-yr g f 6 M*.. 1954 24s4Septl8 54i8Novl3 li2 Jan 6 Marll "32 Dec 30 Canada Southern Ry Co.. 100 Canadian Pacific Ry 25 Irish Free State extl s I 5s 9 1584 Dee par 5% preferred 50 Cullahau Zinc-Lead 1 Calumet & Hecla Cone Cop..5 With declaration 39%Sept 8 Sept 17 Jan 2 6334Nov 10 740 46% May 25% May 25% May 131 May 99% May 56 May Jul^ 16 16% Sept 17 106 ~74~"May" Nov 13 30% Jan 9 114 Mar 19 20 Jan 10 10% May 94 May 12% May 1% Jan 13 3% Aug 2%Sept 2134 Jan 4 2 June 16t2May 108 b« Dei _1% Dei 1% 6 16 Oct May Jan 6 16 May 4% Jan 9 4% May 82% Jan 25 72 Apr 2 67% May .21 59 June 290, Commercial and Financial Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher; W. Jones, Managing Editor; William Dana Seibert, President; William D. Riggs, Business Manager. Published three times a week issue) with statistical issues on [every Thursday (general news and advertising Tuesday and Saturday]. Other offices: 1 Chicago—In charge of Fred H. Gray, Western Representative, Field & Smith, 1 Building (Telephone State 0613). London—Edwards Drapers'.Gardens, London, E.C. Copyright 1942 by William B. Dana Company. Reentered as second-class matter September 12, the Act of March 3, 1879. 1941, at the post office at New York, N. Y., under Subscriptions in United States and Possessions, $26.00 jler 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 subsciibtions and advertisements must be made in New York funds. Frederick . FINANCIAL CHRONICLE THE COMMERCIAL & Tuesday, January 20,.1942 • 284 NEW YORK BOND RECORD STOCK RECORD NEW YORK • Friday *69 24k ®3i ■ 17k *3 3k 1638 3k 16k *82 19U 85N "96 22ft 16 19% 10k *10ft 22ft 3 19k 8,600 *83 : 84 95 6i8 6ft 133s 13% 91i2 91% .7 13V 13ft 92 93 93 93k *k 8k *lk > *l3g 5% 712 4ft 13ft 13k 93 7% 4% ft 8k 2k 5k 8k 4ft *»1S V 8k 812 2 584 734 4% *lk 5k v 7k 4ft *12% 2% *100 7ft *4k 2ft *4014 3k 22k 2214 784 7% 778 4138 3% 21U 40ft 3'2 20^8 41 3% 21 k 19% 19 19 *19 19k ,-19k lift lift 49 49 lli2 *48k 12 50 20% *19 *1114 12U *49 SO *: 40ft 3k 20k 6k 6k *17k *88 10®4 90 87i2 88 33% 33s4 34I2 34 78 78 7734 78 78 12U 1214 12k 12k 83s 7k 8k 12k 7ft ' 125 ♦76 77 78 99 ♦97 5 *'2 8ta *k Crane Co 5% conv 14ft 600 Cream of Wheat 6ft 6k 6k 18*8 *6k 13k 6ft 18ft 309 41 40ft 40ft 200 11% 2,000 8k *18 18io 18 41 41 ilk 8 ilk 88 *44 4712 *93 Hk 92 lift 88k Ilk 79 13 *75k 77% 12ft 13 13ft *13 15 *14k *97 99 ♦97 ft 17 17k *44 8ft J '974 10 *10)* 23 68 68 70 12 11 H 12 89 *80 89 47k *44 18 ♦17k 9,400 Prior 3V 3ft 17 10k 10k Class 16k June 18i2 May 15k Mar 47 May 41 8 4 "■ 8k 4k Jan 1534 *2412 *3784 1134 II84 65k 66 *7k *11212 133k *125k *113k •f9 ;'J .,9% 4k 4% ft 4k 37g ' 4ft 9 f 4ft fti i»t ft 17k 16k 25ft 17% 16k *»» ' *25k 38k 38 17 75 75 : 17% 17ft 16k 25*41 *16% 16ft 26 26 'If" %,* „>%« 17% 17k 16k 17 25ft 25ft 38 *37 38 38 ft 18 25% *37 *8% % *9 9k 16ft ♦71 9k *8k 16k 16ft 1947 F A R 7s A...1950 of) 8s...1940 ♦Rio de Janeiro (City ♦Extl sec 6Hs- O P A 1946 ......1908 ♦8s extl loan of 1921 8 9 f g... A O J D 13 19 6 ; Dec 19 t 1966 .1967 J 1953 J 1957 Oct J J J J J J A O y4 9 47ft Jan 98k Jan Feb 15 127kSept 41k Feb 20 ♦6s extl dollar loan.. {♦Secured s f 7s 1940 Apr Jan 100 Nov • 32% Teh 7ft Jan 38k Apr Dec July 45ft May May May 21ft May 95ft May 47% Deo 75ft Oct lft May Dec x99 3k Aug 60 9 May 45k Dec Dec 77 ♦7s extl water loan Apr lk 24ft June 25 0 13ft Nov 22 8k Sept 6 l%May 3k Feb 15 Jan Dec , 75 6 9 4ft ♦88 external 19 ft June Jan 99 12k Dec 10 98 Dec 30 Dec 16 % Dec 26 16 9k May 16k Jan 25 25 With declaration 45 ' Apr. 29% Feb 31 Oct 4k Jan May June 61 19 34ft Feb 10 29ft Dec 6k July D A 1971 J 21ft May S ♦4^8 assented f ♦Slleslan Landowners Assn Sydney (City) s I 5 Ha 17 1,600 73 300 9ft 35ft 100 21k 12k 600 35ft 35ft *35k 21ft 20ft 20k *20ft 12ft 12 12k Ilk 67k 67k 12k 12k 67ft 68 118k 120 500 *8k *20 118 400 17 *35% 12 66k & 67 5Ha Dec 26 90 75 •June 92 With declaration Mar Feb 47ft Mar 29 42 Sept 60 May 20 14% May 23 Oct U ♦Uruguay (Republic) extl 8s..1946 F July 14 234 25ft 25k 2 k3 24ft 2ft 234 136k 136 137 176 176 176 136 138 135 176 *174 31 31 31 31 15k 14ft 14ft 22ft 13 *14k 22k 22k 22k *1234 12k ft 12k 34 * 68k ♦119k 121ft 120 66 ft 67 118ft 121 15 15ft / 15 32 32ft 2834 28k lk 33k 29ft *30k 31k 30k *22k 24 lk lk 90 3,400 2,600 1,100 800 15 15 500 3k % pf. 100 Preferred. -20 Deisel-Wemmer-Gilbert 10 Delaware & Hudson—...100 Delaware Lack & Western..50 JDenv & R G West 6% pf.100 20 Raynolds A ..No par No par 6% partic 120 12,700 400 70 preferred..... .25 Diamond T Motor Car Co...2 Distil Corp-Seagr's Ltd. No par 5% prer with warrants.. 100 Co No par Class A.... No par Doehler Die Casting Co No par Dlxle-Vortex lift Oct 114 9 19 ft«Sept23 16 >s Dec 29 12ft Dec 17 Deo " s f 6s 1960 s f 6s. 1964 MN 1979 12%May 12 Dec 24 pf.100 6k Apr Jan Jan ft *22k 2ft 2k *67 74 81k *70 81k *70 6k v0k J 4k 5k 5k 36 k 36k 36k ♦ "*2k 2k 5 *478 25ft *25 "♦21s 4k 25 ~ 13 12% 12ft 'ft# lft lft lft *33ft 33k 31k 24ft 48 *3012 31% 31ft 31% *22% 47% 24ft 48 *22k 47ft 108 2ft 2 ft 2k 2ft 2ft 70 74 *72 k 74 87 *78 87 *67 5% 5ft 37% "*2k 2ft 4% 5k 24ft 25k ♦ v 5ft 25ft 6% 5% 37k 23 12ft *"46 ,k lft ' lft 33k 34 31ft 31ft *31k 32 *22% ,24ft 12% 48 48 *2 2k 6ft 4k *24ft 9j, 6% 5% 37ft . *®32 2k 5 25ft 1S32 200 3,700 2,200 300 2.100 1,800 700 700 2% 2ft 40 2,900 74 83 10 ft *'u 6ft -6% 5% 37% 5% 37ft MOO 56,400 6,700 i 9 """366 *®32 4k 1,200 25k 4k *25 Electric 4 2 Auto-Ltye (The) 5 Boat....3 Elec & Mus Ind Am shares... Llght.No par Electric Power & $7 preferred ....No par $6 preferred..—....No par Battery...No par Elec Storage Gas.._...._3 Endlcott Johnson Corp 100 5% preferred... Engineers Public Service preferred-_w„—No $5)4 preferred No $6 preferred--..—-No Equitable Office Bldg.-No ftErie RR common w i.No Ctfs of benef Int w 50 12ft May 25ft May 32 3 Jan 86 43ft Feb 10ft Feb 20ft Nov 56 ft May 86 Dec 9 par l._No par 5% pref series A w i 100 Co——50 800 Cleaner....5 Evans Products Co.. —.5 Eureka Vacuum Ex-Cell-O Corp.. Exchange Buffet 1S32 3 Corp..$2,50 4 57 59ft ft O 58)* 58ft "21 52 *45 M N 7s...1958 1958 ♦Warsaw (City) external *AHa assented. With declaration F A F A 1961 J *4 D ft 4ft *4 ft 15 De? Feb 14 24% 23k Apr 4 Aug 136ft Dec 24 120k Feb 14 ~ 111ft July Jan 79 65ft July 127ft Nov 14ft Jan 9 4 23 kJune 24 6% Jan 8 6 Jan 164ft Jan 9 7 140k May Dec 15 127 118 May May 9k June 113 Oct 10ft July 29 117 May lift May 141ft Jan Dec 24 114 May 112k May 2 Jan f Yokohama (City) extl 6s With declaration 94k May 171 Apr 30 Apr RAILROAD and INDUSTRIAL 10 Mar COMPANIES 13ft 120 Jan Jan 189ft Apr 129% Dec 118ft Jan t Abitlbl Power & Paper— 1953 / D { *59 series A unstamped ♦Stamped i 34 May 14 24 Jan 2 25ft June 44ft May 6ft Nov 5ft Jan 23 3 May June 166ft Jan 29 145i2Sopt 18 182% Jan 9 117 155 June 180 Deo Dec 18 36k Jan 10 22 May 37 163 Jan Apr 27 10k May 17k 33k Jan 10 25 May 41ft Apr Dec 10 17% Jan 10ft May Apr 4 kAug 18% lft 8ft Jan 14k Feb 14 17k Sept 17ft Dec 27 10 % Jan 27k Feb 23k Feb 26k Dec 21ft Dec 39k Feb l07kNov 19 19 26 29 14 24 69 Dec 27 74 ft Dec 19 ftaNov 25 4ft Dee 10 2ft Dec 9 30k Dec 29 Feb 28 6 5 % 3 Dec May 18 ft May 6 15% May 34% Aug 29 July 7 i24ftJune 20 May 36% Nov , 33 Jan s 100 55 ft 106 stamped... 1946 106 1952 ^♦Adriatic Elec Co extl 7s 102 May 112 Mar 7 Jan 11 - , 83 Jan 89 Jan Dec 97 Jan k Jan 7% Aug 4 42% Nov 5 75 Feb 28 3% Jan Dec 9 21ft Dec 9 8ft Jan 30ft Jan fti Dec 4 % Jan 2 8 6 7 67k Aug 2ft Dec 5 May 07k Aug 20k Jau ft Oct 34ft May 1. Jan 5 Feb lift M 5 .1955 M S VAlpine-Montan Steel 7s .2030 M S Am <fc Foreign Pow deb 5s... MN Amer I G Chem conv 5}£s— .1949 J J Am internal Corp conv 5^s. .1949 American Telep <fc Teleg— .1961 A .1966 J Too ft 69ft 10073? 100'i 103 ft 100*3? 103ft 2 106ft 107ft 10 2 "60 ft "66"" "07~" 143 102ft 102 ft 104ft 28 99 ft 97ft 09 ft O 107ft 107ft ft 107ft 108ft D 108ft 19 107 ft 107 108ft 278 J J Founders conv deb. .1950 MN Wks & Elec 6s ser A. .1975 107 ft 3s conv deb .....—* Anaconda Cop Mln deb 4^s. .1950 A O H 107 35 104 ft ft 108 *105ft .1907 Jan .1995 Q J "~40 "ft 4s B......1955 F A (Del).....—1957 J J 105ft 104 ft ♦Anglo-Chilean Nitrate deb.. 107 *104 Am Type Am Wat 58 .1950 M S 3^s debentures... 3)^ s debentures... Apr 70 62 ft 56 *60ft A Ills-Chalmers May ft Dec 56 4s— Mfg conv 4s.. .1952 85 92 89 ft 75 .1950 Jan 12% 5% May 63 May 77 Alleghauy & West lstgu 86 61 .1949 ... :... .1950 .1998 .1942 M S Allegh Val gen guar g 4s F A Allied Stores Corp 4^s debs. .1951 Aug 22 10 91ft .1944 5s modified.. 55 00 84 *80 Alleghany Corp— ♦5s income.. Oct 14 86 1946 3Ha registered—.— 1946 5s modified....... 113 66 6s with warr assented...... 1948 Jan Apr 54 *55 Cs... 1948 Alb & Susq 1st guar 'SMa 41k 46 4 83kJuly 17 89k July 24 l2 Jan 30 1943 1st cons 4s series B Albany Perfor Wrap Pap 33ft May May iOdft 5a. 1943 5s modified 35 80ft Apr Ala Gt Southern 1st cons A 40k Nov 30ft Nov 47kSept 22 lft Dec 13 4 8 4% Jan 11 3978 Nov 6 % Dec 24 75 10-year deb 4 67 ft 100 ft *98 ft 1948 M S 1947 J D 66ft 55 ft 100ft 66 ft 1953 J D 4s—. Apr lk Dec 10 120ftMay 26 6434 Dec 29 par 55 14% Apr 23% Jan 28 17% July 14 30 par par A ,• W Jan 38 2k Dec 10 par J Apr 4ft May 12k May 6 Jan May 23ft 86% 30ft May 1 Erie & Pitts RR 78 9 100 Co Edison Bros Stores Inc Electric 5 (N J).No par 6% cum preferred Eaton Manufacturing $5 71 *72 k v Mills El Paso Natural ""665 109ft 78 25k • I 60 800 31ft 15ft *77 73k 85 *ft« 78 "i" *14ft *67 *70 -6ft5ft 5% 37% 37k 78 4k Eastman Kodak 2ft 71 *77 l 36ft 3,000 176 3lft 109k 109k *108 108 *72 k 25 lft 33k 1. 5k 31 30 k Oft 134k 137 23 31k *66k 37 Eastern Rolling Inc.....—1 Eastern Airlines 2 200 23 681 »» I33J *«3J 2% 78 78 23 *80 74 90 *»» k *3»t 6k ' *l4ft 23ft 30 k 109ft *66ft 70 *77 31ft 14ft *33 47 47 2ft ♦2k *66 71 14ft *12% *% 24 *22k 109ft *108 *108 31ft 15ft 31k 31 1,800 3 *170 176 *31k 31ft 333g *30k 48 *46k *46k 48 108 108 *k H4 137ft 137k 176 176 25% > A J *51 D F T♦Venetian Prov Mtge Bank 7sl952 \♦Vienna (City of) 6s 1952 * 3 J 39 58 55 Jan *»• Dec Ilk Nov 10 8% preferred ...100 (E I) & Co...20 Duquesne Light 5% 1st 2% Dec 37>2 Oct 30 105 No par 8ft May 3 May 7 No par $4.50 preferred ■ Apr 19% 23% 32ft Dec 27 17 May 31 6 Du P de Nem 23k 10% Jan 10 18ft Jan 11 Ltd......No par 59ft Dec Douglas Aircraft..No par Dow Chemical Go. No par ylllftSept 12% Dec Dresser Mfg Co No par 2% Dec 10 Dunhlll International... 1 Corp Apr Nov 3jk-4tf-4»i« extl conv 1978 4-A\i-4Ha extl readj 1978 3Ha extl readjustment......1984 56 ft 58 MN 3^-4-4^8 ($ bonds of 1937)— External conversion. 1979 MN 28ft May June 41 6k Apr 21 65 8% 114 13% May Ilk May 23ft Apr 7 20ft Sept 15 29% Jan 11 23 Dec 29 33 June 21 7 18% Jan 2 14 July 31 6ft Aug 1 ft Aug 12 2 k Feb Dec 107 28% Sept 18 9k Dec 23 21 3 Jan 24 5k Mar 18 ft Nov 30% Aug 18% Feb 19 Apr 30 6 3 May 13ft May 3% May 5ft 8ept 12 Sept 8 18 27 £9 ft Dec Dome Mines Duplan 10 134% 125k 114k Chemical Co (The).l 2k Dec 31 14% Dec 15 6ft Apr 18 109kJuiy 2 Decca 25ft 25% 3ft 25l4 3ft 23 *31k 34 12k 30k 30k 23ft *170 12k k lft 22ft k 25k 25% 3ft 3ft 136k 137 31k 15ft 23 31k *14ft lk 3334 *«1« : *65 A MN ♦External ♦External 14ft Dec 10 Records inc...... Deere & Co... No par 4ft '50" 1961 AO External s f 5^s guar Coll trust 4s of 1907 *174 4ft "55" 56 With declaration UTokyo City 5s loan of 1912..1952 Adams Express colltrg 2434 *4 ft rr. 32% Mar Aug 12 Dec 10 42 k Corp 5 preferred.-..--25 6 J M 6 A F •> e" "With declaration. 35k Oct 11% Mar 10ft Sept 8 29k Jan 10 80 7 % PL 100 J F 62 ft 5ft 5H D 6s.1947 1955 29 ft 59 ft With declaration ik Jan J 29 ft 24 MN 1958 1958 30 29 MN 38 ft 20 ft *28 « lift 38 ft 38 4 Jan 6k Dec 10 Dec 13ft 11 H 1962 ♦Silesia (Prov of) extl 7s 8k May " lk Jan 13 ——... ♦7s series B sec extl 91ft Feq 45k Dec 17 65 M S ^[♦Saxon State Mtge Inst 78—1945 ♦Sinking fund g 0^8—....1946 Serbs Croats & Slovenes (Kingdom) ♦8s secured extl 1962 ^Taiwan Elec Pow s f Dec 10 8 13ft Dec 26 Detroit Edison 20 66 ft MN 1936 f {♦San Paulo (State) 8s ♦6 )^s extl secured s 7k 65 184 36 9 Dec 72 1 4 11 ft J extl s f 4s 1961 M S ♦Sao Paulo (City of, Brazil) 8s. 1952 M N external readjustment Dayton Pow & Lt 67 O 1950 1956 1968 61k Jan 12 45% Jan 15% Jan Dec May 3% May 18% June 27% Jan 10 DaclO 73k Dec 10 Diamond Match 73 9ft Davison 20 U .ft 65 D A 19 129* 10?* '9 H HI3* IO«* Santa Fe ' July 15 28 Davega Stores Conv 5% 20 101 lOJft 12 12 H ..... MN 1952 ^♦Rome (City) extl 6)^3 ^♦Saarbruecken (City) 6s 17k Dec Jan 9 70 June 75 19k Jan 10 80 No par Devoe & 17 8ft 15 24l2 284 9 H of)— ♦7s extl loan of 1920 Apr 25ft May 'nSept 107 U Jan 16 10 preferred. 630 73 15k 15 15 15k 1434 3% 3i2 *3% 3k 3ft 3ft 314 *3k 3k 334 10 *8 *8 *8 10 9k *8 10 *7k 10 *112k ,*ll2k 120 *ii2k 120 *H2k 120 *112k 120 120 136k 134k 135% 130% 134k 136k 135 135k 133k 136 125% 125% 125k 126 *125k 126 12534 125ft 126 126 *113ft 114k *113ft 114k 113ft 113ft *113ft 114 114 114 24% S A Rio Grande do Sul (State ♦6s extl M 1953 - Feb .. 24 800 17 36 20k Ilk 200 *69 75 20k *3 5k 5,200 9k *9 8ft 8ft , 38 ♦8k 35ft *8k 8ft 36 20k 6534 *3k 9k " 11714117k *117k 119k *14k 8k 75 20k Ilk 20k *19l2 9% *1084 9ft 4k 9k 16k 35k 36 *35 ilk Ilk 16k *8k 884 7,900 8,700 1,100 6,700 28k 17k 9 100 24ft 28k *10ft .9. 4ft 3 1634 Hk 24 28k 17k ♦72 ilk 24ft 16k 25ft 383s 25k 2,500 20 1,800 23ft 16k 17k 75 *8k 4k *k 10ft lift 109k 109k 7k 8k 23ft 23k *28% 29ft *28% 1734 9 9 16k *7H4 O f ♦Rlilne-Maln-Danube Jan 33 May k Jan 14 « 4 ft 25 , 165 182k Jan 10 38k Dec 12 A " 200 8 *11 9 4k k 1734 16k 25i2 3834 k 8 8 8k 200 " 16k 23k 28k ilk ♦28k lift *11 15ft 15ft 10% 10% 10% 10k *109% 109k ♦109k 109k 3k *3 *l5ft 8 28k 9 4k 3 ft 23k 23 28k 13 17k A 9ft Apr 40k Mar 40ft Dee May 4 May Deo 31 z54 Dec 15 ,4% Jan Cutler-Hammer Inc. $8 1,200 17k 27k May 2 May 2718 Nov ; Dec 15 No par ... 17k 45% Sept 30 52% Jan No par Cushman's Sons Inc *8 8 8 2278 2834 834 10 10 10 109k *108k 109 2234 '*11 15k *15k 15k 10 *3 3ft ..._3k 3k ,*3. *i6i8 8k 8 22 k 1952 3^8-4-4^8 ($ bonds of 1937) _*3 10912 ♦108 *28 S Apr 56ft Sept 27 No par preferred.. Curtlss-Wright... 1,800 49ft 4% May ' 5 Preferred 300 May 10k Dec 27 4J4% preferred—.. No par Curtis Pub Co (The) — 20 17k 8% 25k *44 ~l7ft 17k 17k 17ft 'moo "i« 17 ' 33 D *15k M With declaration ♦7s municipal loan 4% Jan 88 Co.. ....30 Cuneo Press Inc Apr 40k Jan 10 Sept t 11 pref...100 preferred....100 5^% couv 9k May Jan Dec 24 48 Corp (The) .2 Cudahy Packing * . 15k Apr 25 i 23k Jan 14 18% Jan 9% Dec 9 ...100 99 »i« . 303 15 *14ft *97 ♦16ft 8k' 25ft 8% 25i2 '-.'i- ♦44 1,700 12 lit* WN Deo' 97k 2% Dec 10 17% Feb 24 (The)....No par Crown Cork & Seal No par $2.25 conv pref w w..No par Crown Zellerbach Corp 5 $5 conv preferred No par Crucible Steel of Amer.No par 5% conv preferred 100 CubaRR 6% preferred 100 Cuban-American Sugar... 100 Preferred... ...... .... . 100 100 13ft 12,ft *14% 25k 95 20 , 77% *75 *80 8% *80 95 13% 17 17ft 8ft 25% *15ft *16ft 17ft 8k 25% 8k 25ft 78 3,500 1,200 1,320 17,100 7ft 7k 120 120 »i« "i. uj« ,lli« 17 17ft *44 17k 17k *16 25ft *80 83l2 47l2 -> 130 34ft 13k 99 17k 88k 78 76k 76k 77k 12*4 1,100 33k *87 34k *78 78ft 79 13ft 1.3ft 13ft 7k '8k 8ft *121 125 126 34ft 35ft 34k *119U "u 17 35ft Feb 14 Crosley Corp *88 I Crane Co 110 14% 91k 34k 78k 13ft 17k 8% 2578 "2,800 94 14k -94- *1478 *80 *108 *10 J Nov June ! 1 Corp...'..—.1 —25 *1.4% "L 94- 15k : Coty Internal 13 ft 13k 13ft 13% Coty Inc 12 4ft —..I960 ♦Prague (Greater City) 7J4s.g.l952 ^♦Prussia (Free State) extl 64^81951 Nov 70 ' 2k Dec 10 ft» Dec 18 14ft 94 99 8ft 2534 83U 17k *3k 3 Co..20 25 100 Preferred 12 3ft •, With declaration Refining Corn Products 140 700 14ft 10ft D Apr Apr Jan 109ft Nov . 3ft "SH J 5ft Aug i 3 28k Dec 22 42ft Apr 21 170 Mar 31 Corn Exch Bank Trust 3,300 165 *75k 17 33 53ft 54k *165 170 3 3k 3ft *k ft ft 54ft 165 13ft j: 700 Jan 6% Feb 1 Del -5 Continental Steel Corp.No par Copperweld Steel Co Couv pref 5% series 50 100 2ft Dec 10 4% 8ft 2ft 5ft 23ft 108% 19k v 40 66 JAnn Arbor 1st g 4s Br & Term 5s...,~ 40 67 ft Ark a. Msm 36ft 27ft 36ft 26ft *8 90 *21 *9ft . 8k 90 21ft 10 *36ft 27 *8 *90 21k *9ft 37ft 27k 8k 93 36ft 27% *8 *90 21k 9k 22k *9% 36k 28ft 8ft 93 22k 9ft 36k 37k 37 37 37 37 ft 1,200 27k 28ft 26ft 27k 25% 20% 12,500 *8 8 8 *8 22% 23k 23k 8k 98ft 24. *9% 934 9% 9% *91 8ft 93 *91 *91 ■ 24 '9% 98 • 400 10 24k 3,500 9% 200 Fairbanks Morse & Co.No par Fajardo 8ug Co of Pr Rico.-20 Federal Light & Traction...15 $9 preferred No par Federal Mln & Smelt Co 2 Federal-Mogul Corp —5 32 Dec 10 16kJune24 6% Dec 26 90 May 2 19% Dec 29 8ft Dec 12 3 29k Juae 49ft 24k Mar 10 13 Mar47 17k May 3lk Apr 45k Jan 18k Apr Armour <s 290. C May Jan 27 June 26ft July 24 10 July 29ft Jan General 4s 1995 14% Jan 24 12% Aug 15k Oct Adjustment gold 4s 1995 100 102 104 ft 104ft 101ft 101ft 108 * 109 *88 ft 93 Apr 11 85 Mar Atchison Topeka For For footnotes see page Co (Del) 1st s f 4s ser & Santa Fe— footnotes see page 291. ft 12 43* "q'H Queensland (State) extl 6s 13 4ft 8s.—i1961 Feb Apr lift - 3ft 83 8H "~7H 110i8 Mar lft Jan 10ft Apr 2% May 8ft May 93ft May ' 1 21k Dec 31 Continental Motors Ilk 50 Dec 10 f Continental Oil of 600 2ft May 6k May k Dec GftMay 9ft Nov 7ft July 30 July ' Dec 26 23 - Dec 9k 32k k Aug 6ft May . 21 22 31 21 •106% Jan 22 16i2July 22 79 Diamond Fibre.5 Continental Insurance—$2.50 400 32 k 32k 55 32% 33 *97 *16i2 *80 *1612 50 *1412 5g 17k 884 2534 2534 O .*Apr 100 4% May 97ft May July 10 Dec 23 Deo 10 : 99ft Dec 21% May 3% Jan 13 11 Continental 18ft *Uk *48k 13k 15 17 17 17k 50 24 18ft 12 *11% *48k 12 3% 23 * • Dec 30 Feb 15 20 Continental Can Inc 1,200 10,100 8,700 41% 3ft 40% 99 1478 15t2 *97 19ft 19k *40ft 126 41 12k 153s 12k 1214 *1434 6k 11 11 ♦119 12678 *119 5,800 1,400 *88% *6k 42 33i2 *15 May ' *14 O A 4 10 * lft July • t.ll. 14 .....100 14ft 18ft *41 18 18 10*8 V 75 A High 12 6ft ,*7 "m ♦Porto Alegre (City of) ♦Extl loan 7«s. Feb 16 May O j"j ♦Externals f 6s._ 63 8%July 10 i 93 America.25 25% 25 -8ft 3k *91 14k 14k *8612 *12 Jan 24% May * Continental Bak Co.-.No par 8% preferred 24 '-2k Container Corp of 23k 19ft 13ft 13k 94 42i2 1034 *75 Anr Oft ~"7%" Jan 23% Jan 13 107% Jan ■ ft Feb 15 $4.50 pfNo par 100 ■?: *k $ ft *k 6k *40k *119 33 o •i " 97ft Jan 28 103 Jan 15 i; Dec 10 5 100 5% conv preferred Consumers Pow > Dec ft r ...lft 25 Consolidation Coal Co Dec 10 ,7-, Dec 27 1,603 3k 32ft 800 z82 i= 6% pf.100 Consol R.R of Cuba """300 13% 3k 22k *3 94 13 40k 3k 1478 42 U 8 14 15% Jan 16 May 23 Jan <= No. Low *9 H n A §2 05^ With declaration Apr 73ft High Low A assented...........1963 j"j ♦4)^8 lft June May 2% May 23ft Dec • 1134. Dec 18 6,000 55ft 1478 6V 1778 *638 Jan 10 i 18ft Aug 28 Dec 23 4% 3k 165 3ft ' 17% *40ft % Dec 2*k .T'tne 4 Oft Dec 24 No par Consol Oil Corp 1,400 96ft 3ft 8 55 13 9584 , 96ft 3k 23 *48ft "3*9,665 26 *22 24k :25ft 165 " *92 14ft 14i2 ■;v 13k 13k 13ft 94 94 May 30% Jan 11 Dec 10 90 Y..No par $5 preferred ...No par Consol Film Industries..1..1 $2 partlc preferred...No par Consol Laundries Corp 5 """966 6 5ft 4k 3 55k *3;, *1% 96ft 13k 13 k 165ft 55k 165 *7k I:. 7k 4k 4k 40ft 12 32k 32 3112 32 31ft 3114 *55 55k 55 55 '8 166 16534 16584 *160 3'8 ' 3k *3 3k *l» 84 *7l« 34 ...*13k 8 42 18ft Dec *101*4 102k *l01k 102k 25k 734 3% Mar 16% Friday's Bid & Asked ..... ♦External sink fund g 8s....1950 With declaration... ... Feb Apr 113 65% July 77 Consol Edison of N 1,900 ft 25 96ft :"V;' 8 8 *40's - 56 June lai« Jan 39% Dec 29 Corp...5 Consol Coppermlnes 16,600 8% 2k 4ft *21 102 25 *k *8k 7ft . 7ft 13k 2k 13k 102 ft *3k *lft 5k < 24ft 96 96 24k 7k 40k 3k 24k 7k 24'8 2378 24i4 24 •. par 7% preferred ..100 614% prior preferred... 100 18,100 • 8k 2k 5ft *9is ft 8k 2k 5ft 8 * 4ft *22 *95 96 9584 *9434 96 12k 13k 1278 12k 1314 2ft 2ft 234 278 278 *101 102k *10012 102 102 *945), • 25k 25 *22 23 *22 23 *21 7k 91ft ; ft 8ft *li2 558 8% 2 ■ 584 712 4l2 7k 13k 1384 913s *»l« 84 *®i« 7-' <57 13k 13% 93k 94 -7ft 7ft 13ft 6ft '612 6k 13% 8% par > 120 95 par No par Consolidated Cigar '230 June • Corp_______l Consol Aircraft 200 10k June 108 k With declaration V- 97 lk July 28 1 7k Dec 23 k Dec 9 Conde Nast Pub 700 8k Mar 32 , Jan 15 Range or Sale , v *91 2ft Nov 29 13ft Dec 29 200 16 *10 83ft 95 93 20 6,900 Apr 98ft 95 37k Jan 10 Inc.-.No par Congoleura-Nalrn Inc.No par 8,400 Mar 110 May 3k May 104% Oct 31 19k Deo 17 Dec 29 Commonwealth Edison Co.25 "MOO 42k Det 31 96 100 par 71 7k Oct 22 '35.No Commercial Solvents..No Commonw'lth & Sou..No $6 preferred series...No $4.25 conv pf ser :' . 4J^% conv preferred 100 Comm'l Invest Trust..No par 95 83 83k Jan ,300 19% 10k 10k *93 l|r> 48 1,500 16 19k Dec 27% June .6,600 16 16k 19k l'0k "83k 26 31 22% *2.k . 3 16 • Ilk *83 ft- 85k ♦10k 195:. 3 ♦2ft 14 ft Mav 16k Dec 18 42k 42ft 22k *2k 19k 1934 1034.:10% *83i2 85ft *94 97 ' 96 42% 22k 3k 16k 19k 42ft 28k Aug 28 10 $2.75 conv Commercial Credit #S! 42ft 23 preferred.No par 4ftMay 16 21ft Apr 17 200 9k 9k 9ft 9k Oft Columbia Pictures.....No par July 11 83 Last Price Foreign Govt. & Mun. (Concl.) {♦Poland (Reo of) gold 6s.... 1940 ; ; -*4 Hn assented ;v.—s..1958 ♦Stabilization loan 8 f 7s 1947 Ks assented >_ .1908 $ per share 64 112 ®32-v st6 4ik 22k *16 112 *102 I per share High Columbian Carbon Co.No par 3,100 22% 22% . *102 $ per share Dec 30 Week's ^ fc.S Q5 -v.: EXCHANGE BONDS . Week Ended Jan. 10 700 94 94 22ft X22ft 41 k 19% IO84 *10l2 1' 61« 16 1914 9E ;; * 17k 9514 lowest ; . N. Y. STOCK 100 5k 27 17k 578 *23ft l\7ft 28 *23ft 1 112 9k 2318 314 3ft *1584 17k 17k :.95 96 22ft 23 *102 42 V 4234 , 23 22% 25 *95k 22k 2234 42io *1112 9k 9 s3l ' *16 . 6 Highest $ per share Par Shares $ per share *70 72 72 6 , 93g ; 984 9% *70 6 25 5ft 5ft 578 25 24ft *24 17k 17k 1734 I7S4 1784 *9514 96 *95U 96i2 *95U 961 22ft 23 22 U 2278 22 k 2234 *102 U0 *102i2 HO *102 110 578 2412 17% 6 *584 *23 72 6 72 *69 70 70 7112 *69 Lowest Week 16 Jan. 15 S ver share ! $ ver share S ver share $ per share Jan. Jan. 14 13 Jan. Jan. 12 10 Jan. $ on share Wednesday Tuesday Monday Saturday YORK STOCK EXCHANGE the Range for FreeloUs Year 1940ml.. On Basis of 100-Sftare Lais NEW for Friday Thursday Range for Year 1941 STOCKS Sales PRICES HIGH SALE LOW AND A O Nov 109 63 Volume 155 Number 4035 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD Friday ' BONDS •.> . N. y; Stock exchange Week Ended Jan. 16 Railroad & Indus. Cos. £ Range Sale i or Bid & Low Range., Is Friday's > • Price. (Cont.) 88 MN No. Low D J D ♦102 J A... 1962 J J J 100)4 100)4 1 J 102 102 % 22 Atla tic Coast 1st *100- 4s July 1952 M S cons General unified 4>$8 A——1964 ./ S2H D • 10-year coll tr 5s....May 1 1945 WN ■J. LAN coll gold 48—'..-Oct 1952 MN Atla tic & Dan 1st g 4s...'...1948 J J S0% 6544 97 H 65K 97 a .. i Second mortgage 4s.. -... - -1948 J.J Atl Gulf A W I 88 coll tr 5s—1959 J J 16? 66 *4 278 •56 98 >4 - 100 77, 113 65% ^75 29% t 38. . ' 39 , '99 )4 )4 105 ' 104)4 15 14 81% *19 ; 4% .;-.41R *29'2 3078 i • 31»4 32 teJ" mm-. 31 ' 61 % : V • t 1947) due.....1950 J Toledo Cln Dlv ref 4a A.—1959 J to Jan 1 Bangor & Aroostoofc let 43% 280 *1«817« *2 2H -lOU Beech Creek ext 1st g 3^8—1951 ar" - 949 63% 19 53 ?4 45 K 49 M 47% 51% 97 1950 -—1956 53 Vj 53 H 75 43%, 61% 106 36% 50% 'lf 43% 58% j 54 42 43 61 43'' 42l2 4 48 83 85 ' 76% "ii -108% 128% 129 13 a 99 18 .9(? 97 "97"" 100% - 97% 35 96% A F A H--.1965 39 6% 25% 5-,15% 104% iat Whs if 5£iiil945 104 104% 97% * gold-5s---.-----1950 D 1957 A/N 1st lieu A ref 5s series B Buffalo Gen Elee / 87% 103% 4)4s,B— 1981 FA series C.-1967 J I) Buff Nlag Elec 3)4s Buffalo Rochester A Pgh Ry— Stamped modified 26% 26% 25% 27 3% A ♦107 ' 15% i *47 . .44 85)4 75 ' 68 "75" 90 72 16 61. ff*. 66 % 92 18 18 106% 87% 108 103% 113% 104% 113% 88 127 27% 82 22% 1 10 7412' 38% 40% 5% • • « -5% 1 107 111% 101% 104,; 111, 227 5H 5% *109 * *3% 32 3% 60 60 " 24 5 ' 10 F'k'n *1% 1% *1«4 Maj 98 5% Dec • Jan 7 36 132 Dec 38% Mar 25% Apr 8% Nov 21% Apr 59% 78% 107 107 106% 2% 2% *97« 2% 7 20 Ju!y31 Canad lan Northern deb 6 M 8-—19 46 J J Can Pac Ry I J 4% deb stk perpet Coll trust 4)48——..—1946 M S 5s equip trust ctfs J 1944 I Coll trust gold 5s ..-—,.--1954 J D Collateral trust 414s J 1960 J {§*Carolina Cent 1st guar 4s..1949 J J v Carolina Clinch A Ohio 4s... -1965 M S Carriers A Gen Corp 5s w w—.1950 MN Cart A Adir 1st gu gold 4s....1981 F A Celanese Corp of America 38—1955 F 83- 10*4 200 18% 19 19 150 3% *6% *9% 10% 3% 3% *6% 7 *10 conv preferred. 100 93*4 Dec 30 99 1% Dec 29 '■'■j 1% Apr 10 7% Apr 16 12 101 . 3% 43% >834: *86% 18 *122 Gar Wood 130 -32% 33 36 preferred Aug 240 > 38 preferred No par General Bronze Corp. —....5 General Cable Corp. _.No par Class A.. No par 127 127 Gen Am 300 1,400 1,000 2%Junc 75 sj 89% *81% 82% 130 * 33 32% 125 28% *27% ♦Ref A gen 5Ms series B ,.1959 A ♦Ref A gen 5s Series C—.1959 A O O ♦Chatt Div pur money g 4s__1951 J ♦Mobile Div 1st g 5s—— 1946 J 3 3 32*4 28% 4,100 $1*100 67% 10 gu 4s 1961 J g 5s 1987 J 5a registered.. ——.—.1987 ♦General 4s .—1987 {♦Cent New Engl 1st {♦Central of N J gen 48 registered. 4 —.—.——1987 J J 1962 AO A Through Short L 1st gu 4s. 1954 AO G uaranteed gSs i.-——1960 F A 1,000 27g "r.666 5% 1,100 105 120 6i« 6 25 , 3% Sept 5% Apr 12% • •^'Y5^>15-'' >109 •'112 12% 15% 112 8'' 7% • 3% 48% • *47% 5% 13% 61% 6134 r 14 14% *40 42 ' . *109 Common—......—.No - ' j—.100 400 • 18% 18 18 500 12 12 1,400 16% 16% 14 General Telephone Corp...20 Gen Theatre Eq Corp..No par Gen Time instru Corp.No par 6% preferred ...100 12% 16 112 *109 * 8*8 112 8 "i"600 8 3% *47% 334 400 3% Gillette Safety Razor..No par 487g 400 _5% 48 .5*8 64*4 2,40!) 35 conv preferred-...No par Gimbel Brothers. No par *60% 64% 500 14% 14% 14% 1,300 41 40 41 41 40 36 preferred .....No par Glldden Co (The).....No par 300 4%% conv preferred 50 25 9 9 24 Dec 27 16 Dec 15 22 102 Mar 17 112 6% Dec 29 2%May 13 ; *13% 1946 J J 4s.„..1989 J J 1989 J J V 176 17 31 15% 11% 11 68% 68 16 - 68% 17% 15% 14%- 15 15 *14%' 107% 107% 76% 72 % • ~ 68 "54% 53%. *76 "si"" 81 105 102% 28% r 5% •'• 1% 1% 5% 5% • 101% 101% 102% 102% * *121% *111% 76% 68 56- i 5*8 7*4 13 12% 69 67% ' 67% >2" • 2% 2% *62 65 7 >%e % May Sept 77% May Jan 4 Jan 15 5% May 10 Jan 11G Jan 118 Jan Aug 25 Mar Jan Nov ; June % Nov 9% June 86% Jan % Dec 13% July Jan 10 Jan 15 July 24 Deo 5 20 14 ' Aug 9 Dec 98 Feb 30*4 3 1 Dec Jan "u 5% 6% 8% 5% 7% 5% 7% 7% 8% >634 7% 77« 77« 30% 30% 24% *29% *23% 16 16% 16% 30% 24% 16*8 237g 8 3012 31 31 24 23% 23% 16 16 16 16 16 23% 24 23% 24% 23*4 24% 2334 27% 27% 27% 143 14134 142% *141 ,26% 27% 2634 27% *54 60 *54 *32 *56 60 32% 32% 143 143 *54 60 , 32 32% 31% 12% 12% 12% *23% 2678 *142% 143 400 300 -I'' 5,500 *6% 8 > 200 '5% *6*4 8' *23% 27% 12% 64 *7% 5% .14% i'u 5% 7% 8,800 7% 400 7 7% 100 28 Dec 30 23 Mar 23 16% 1,800 23% 23% 8,200 Great N orthern pref.. .No par 26% . 10 26% 2,700 Great Western Sugar..No par 142% 142% 50 *54 60 *54 60 .T3t 31% 31 31 1,666 12% 12% 12 12% 12 10% 10*4 10% 10% 107g 11 8,000 3,500 14 1334 13*4 13% 13% 13% 13% 1,100 3 3 3 2,700 *50 53 53 53 55 3% 3% "22% 22 53% 55 55 3% 3% »3% 23% 23% 23% 3 21% 24% 33% *24 24% >24 >32% *32*4 ,33% *3234 33 *10% 10% *10%' 10% *10% 33 10% : *914 934 984 *9*8 3% 21*4 54 3% 22*4 3% 3 21% 23 Dec 24 Dec 18 Dec 9 20 60 3 w dlv ctfs.No par Without div ctfs.—.No par Granite City Steel No par Dec 10 Dec 10 5% preferred 3184 27g 5 Grand Union % 3% 678 6% Grant (W T) Co. 11 3 54% 1 100 *10*4 *234 Graham-Paige Motors Granby Consol MSAP Dec 30 3 54 3% 23 ; . 55 400 3% 23% 4,200 5,800 Gr Nor Iron Ore Prop. .No par Preferred———————100 Green Bay A West RR Green (H L) Co Inc 100 1 Greyhound Corp (The) .No par 5%% conv preferred 10 Grumman Aircraft Corp 1 Guantanamo Sugar No par 8% preferred.. 100 Gulf Mobile A Ohio RR No par 35 preferred. — No par . 5 90 517S Mar B 65 May May 19% Jan 5 Deo 1% Dee 2 May July 10 May 45 May 12% May Jan 27 69 June 1% 25 1% Jan 11 . Dec May % May 4% May 9% June s 4% Apr 3% Apr Sept 20% Apr 69% Mar 247j Apr 87% Feb 4% Feb 71% Jan 1% Jan 9% Apr Jan Deo 147| 12% 16% 36% 25% 6% Jum 26 12% Dec 10 18% Dec 9 25% Jan 22 18% Nov 28 28% July 22 15% May 30 19% Jan 2 28 18% May 29% Dec 17 42 Mar 26 29%May 27 9*4 May 5 1078June27 10% Dec 10 1% Feb 13 Jan 4 3 1% Feb 19 Feb 14 9 144% Aug 15 54 Dec 18 36%Sept 2 14% Sept 17 11% Apr22 18%Sept 9 3% July 28 55 Dec 8 4% Aug 4 23% Dec 6 10 May Apr Apr July 18% Jan May 21% May 11% May £123 Jan 90 12% Jan 2 36% Jan 16 135 Nov May 77 68% Nov 17 July 29 Jan 6% Mar Oct 11 Jan 10 6*8 Jan 6 13% Jan.7 13% Jan 6 ^pr May 23% Sept 30 3% July 18 > 23% 106 43 < 2178Nov 24 74*4 Oct 6 >^2034 Sept 18 June 20 June 10 200 *13% 2% 1 25 1,500 11 3 3 59 Preferred———————100 7% 13% 2% 12% 35 conv preferred....No par Gotham Silk Hose No par 24% 10% 12% Dec 29 30% 13% 12% Dec 30 10 *23% 16% 13*8 13% 54 *29 11 12% *10*8 i 11% Apr 19 >-91 24% Mar 13% .an —-4% May 9 2% Jan 25 2% Sept 9 Dec Jan 19% Jan 106% Deo "11 Apr 18% Apr 33% Jan 14% Jan 65% Nov 16% May 7% May 1378 May 6 June 20 Apr 1% > May Jul) May 10 6 Deo 7% 10% May 'it. Deo 22 Dec 31 60 v 9%Sept 12 74% Oct 6 17% Sept 18 2 68% Apr 127% Mar 100 Jan 27 46 80 Jan Deo Dec 24 — Telegraph Co 100 9,400 ,Gpodrlch Co (B F)—..No par ' 80b' 8% preferredNo par 8,300 Goodyear Tire A Rubb. No par % 28 131 Dec 24 Gobei (Adolf)—-.———-l Goebel Brewing Co. .—.1 Gold A Stock 2% *62 ' 800 59% ♦2 64 800 2% 82 70 "id . *29% 23% *67 2% *62 64 8 Nov Jan June 142 Feb 27% Juiy 23 May 9% May 9 May 14% June 1% Aug 11 May 1% Dec 8>s Nov 55 Jan 35% Apr 17% Jan 12 Jan 25% Apr 3% 30% Apr Apr 2% Nov 14% Nov H 24% *24.: 24% *24 241.1 33 *32*4 33 *3234 33 10*4 *10% 9% 10% *10% 10% 10% 10% ""'"366 *106 > i-;. 106 106 106 106 105% 106 *105% 106% *101% 104 104 *101 *101% 104 *101 *101% 104 104 *101% 104 •" 16 16 16% 16% 16 16% 15%" 16% 15% 15% 15*4 15% *145 148 *145 148 *145 148 146 146 *144% 148 *144% 148 *4 *4 *4:.. 4% v.; *4 *4 A 4*8 *4 4*8 4% 4% * 92 92 92 *—92 92 *7—. 92 300 97% 32% 55 106 16% 5% 5 16% 15% 56 70 12% 11 13 186 13 •382 65% 61 42 v 51% 77% 105 1*8 *91 6% *143% *12% 102% 102% 80 *12% 91% 126% 134 32 23 101 106 100% 106 100 120% 122% 112" 119% 9 2,306 20 *12 *157g *5% 16 -v 35% *29 *9% 1% 91% 1% V -1% 92 ; >1%; 1% 93 92 92 i®4 1>*4 1% 1,600 93 500 • *6% 6% ■ 6*8 6*8 6% 6*8 1,600 60 *55 *12% 14 *10 ;• 16% 16 *53.4 16% 30 10 42 109 3 32 13*4 *12% *10% 14% *11 17 *16% 16*4 16% 16% 6 6 6 6% 6% 16*4 16% *29 *9% -36% 36"% *29 30 9% 10 *41 *40% 43 103% 103% *102 2% " 2% 32 , 1167$ 17 9% 43 36% 29% 934 *41 36% 30 16% 9*4 43 36% *29% 9% *41 108% *102% 108% *103 3 3% 3% 3% 32 33% 337g 34% For footnotes see page 290. *6 13 G% 16% *113 *113 36% 30 36% *31 17 *114 *114 36" 1434 *11% 16% 6 *12% *16 14 16% 14% 14 *12% 1434 14% *3% 33 *12% *10% 16% *6 16% 9% 43 108% 3% 34 36% *29*4 *9% 2,700 30 200 *40*4 *1)03 3% 33 200 16% 6% 600 200 16% 2,400 ' 32% 9% 38 Hamilton Watch Co...No par 8% Dec 87g Dec 9 31 102 Dec 29 100 Dec 11 1234 Dec (J 6% preferred ....100 Hat Corp of Amer class A...1 140 100 Hayes Mfg Corp 2 Hazel-Atlas Glass Co.. Hecker Products Corp 3 25 Dec 20 50% Dec 22 150 Dec 1 2~606 200 400 43 """166 3% 33*4 2,600 2,500 95 37 20% Feb 17 106% Aug 4% An? 113% Jan 11% Apr 2 28% Apr 9% A^r Apr 104 Jan 13 86 June 110 Jar-. July 11 16% Jan 9 155 Jan 107 Dec 96 168 8 947i May 99%Junel7 12%Dec29 12%Dec29 13% Dec 29 5*4 Dec 31 Holland Furnace (Del)..—.10 Hollander A Sons (A) —..5 Holly Sugar Corp 7% preferred Homestake Mining, No par j Houdaille-Hershey cl A.No Class B Feb 14 par No par 24 115 18% "35% 9% July 24 1078 Aug 5 115 Dec 29 39 Oct 27 8 May May May May 8 35 28 13% Jan 6 Dec 24 64 9 Aug 14 111 Jan 15 5 July 22 2% Dec 24 26% Apr 22 4% July 103 Jan 27 52% Jan 36 5| Dec June 12% July 109 t C..25I 50 ~19"*May 100 v 69 21% Apr 100% Apr 133% Jan 67% Apr 115% Jan 30% Jan 10 14 23 7% Dec 27 Jan 12% May 16%Sept 15 187g Aug 18 No par 5% preferred Houston Oil of Texas Howe Sound Co 9 100 zl07% Apr ...12.50 30% Dec Jan 138 126% Aug No par Deo 67g Dee 80% July 29 34 conv preferred Jan 108 897s June 3% Jan Sept 132% Oct 21 56% Jan 18 No par Jan 6 5 Jan 23 —6% cum preferred....-.100 Zl23%May 1 Hershey Chocolate No par 33% Dec 19 Hercules Powder Jan * June 10*4 Apr 21 65% Dec 9 Household Finance 107% May 9% Miy 10% May 100% June 8% Sept 19 -i* 96 5 34% Apr 30 Feb i0 > 1% Dec 10 June 12 76 29% June 16% May 130 May 5% May 83% June 101 1 .No par Jan 24 July 10 106% Jan 16 25% Jan 10 *Feb 11 Dec 12 25 100 Hercules Motors. Jan 3% Dec 23 92 7 8 108 ——100 Hanna (M A) Co 35 pf.No par Harbison-Walk Refrac. No par 6% preferred.. Jan Mar 28 16% Jan 15 Hinde A Dauch Paper C0...IO Hires Co (C E) The...—10 13 37 Feb 18 Preferred. 14*4 *113 36*4 32% 33 33 10 Helme (G W) 300 , *40 3 • ? . , *102 *31% 1% 93% 6% 2334 Dec 29 25 6%% preferred " 70 76% t"*r26 75% *3878 58% *102% 1% *91% 6% 60 *55 : 107% 100% 104% ... 9*4 *92 93% 6% 6% *55% 60 *55 60 *55% 60 *55 60 *143% 155 *143% 155 *143% 155 *143% 155 155 *143% 155 121 13% 12% 12% *12% 12% *12% 13% 13 *12% 1-2% 71% 71% 70 69 70 69% 70% 69% 69 7034 70% 2| 127% 127% *42652-127% 127% 127% 127% *126-12712 *39 40% *39 .38% ,• 38% 39 39 40% *39 40% 39 101 *100*8 102 101 *9978 102 10312 102% 102% >99%; 104% 93% 6% 102 102% 10 25 7% preferred class A Hall Printing Co 106 1*8 'I 11% 19% 12% 19 106% 109 W *9% *10% 9*4 Hackensack Water— 20 .... 19% .19 24% - 22 52 *24 For other foot totes see page 291. -61 1284 1234 *7% 7 *59 *Vs *75% 14% 59% 12% 53 14 84 V 119 59% *67% 12% 66 % *634 15% 60 24 *112% *127% 58*4 214 2h *75"!8* 82 •>'14'g *)47g 82 14% 2% 34 5% 2% 2% *78 15% *2 64% *32 69% 95% 62 80 % 66 2% 82 30% *14114 144 108% 112 -r 16 '14 % '58 sll% 2 7*4 7% 27 , "ll 2% Chesapeake A Ohio Ry— General gold 4)48.—.——--1992 At 8 A 88 17% 3% -3% 3%;.. 3% 11% 14% 64% 5% 8 'i« 2% *75% = 65% 2 *62 5% 97% 103 26 46 13 12 3% 43 100% 96% , 2% l<> Apr Jan 96% 104 46% *42% (1935 issue)...1950 M S (1938 issue).—1950 M S ser E—1996 F 101 94% *21% Champion Paper A Fibre— Ref A impt mtge 3 Ms D....1996 MN 47 % 100 '' 65% 2% 65 23% 100% 106% 69% 89% 64% 86% 41;, 50% 104% 108% 106% 46% 12% 76 83% - *100 96% 52 *2% .*%« 'in Jan 49% 118% Dec 54 Feb 21 Deo May 37% May 116 May 32% June 3% June 11 60 Nov 41 14% July 31 4% Sept 30 34%May 24 4% Dec 24 8912 Nov 22 120 Apr 35 — Jan 4% Sept 117s Jan 29% Apr 44 16% Jan 9% Dec 10 145 101 80%Scpt 13 Deo 67% Jan 8% Jan 111% May 29% Jan 11 11% Jan 10 46% Jan 30 General Tire A Rubber Co...I 2,900 , Dec 8% Dec General Shoe Corp.1 Gen Steel Cast 36 pref. .No par 16 Dec 98%June 25 % Nov 18 16% Apr 16 —1 36 pref opt div series.No par General Refractories...No par 2,900 14% ;;,i4% 14% *40 6% preferred Gen Realty A Utilities 7% 110% % : 16% 106% % %a Nov 19 33% 132% Jan 28 47„ Dec 27 105%May 105 2qi|May Sept 19 28% Dec 18 ;;48% 127% 48 27% Dec 26 3 4% Sept 24 No par >880 8% 8% •"^' 8 3% 3*8 r 3% 48 48% >47% - 48% 5% -5% >>:. 62*4 *81 % 62 63 > Gen Railway Signal Dec 15 May 7% Apr June * Nov 28 91 8 121% Dec 23 par 9% TV 14% 41 Corp.....^10 3 Oct 104 Jan 125 Sept 18 42% Sept 25 117% Aug 6 l%Nov 27 6 % Jan ....100 767g ' 8% 3% 78% July 9% 75% *109 112 33% Feb 15 112% Jan 38 6 130% Apr 7 35% Jan 14 24% Dec 10 14% Apr 118 1578 Jan 10 Dec 27 76% 12% 6% Jan 118 Sept 61 5% May May 1 % May 4% May 11% May 48% Feb 12% May 102 May Mar 20 6% Deo 10 June 94 8 July 14 5 w Dec 29 2 8 45% June 3% May 7% Jan 144 9 2% Dec 20 35*4 May Dec 31 115 22 — l2"May 6 Jan 97 *18 r,t 18% 12% 15% 19' *12 9% 55 39% Dec 27 3% Dec 27 General Printing Ink———.1 36 preferred —No par Gen Public 8ervice....No par 300 18 5 June Dec Mar 21 12% July 29 5378May 8 5% Oct 15 104 Sept 10 Dec 13 >9*8 76% 9% 77 76% *18 V ,18% 18 18*8 5 35 preferred————No par ""266 •12 12 ' ••183s: 9% 101 Gen Outdoor Adv A ...No par 600 *104% 113 ♦104% 113 *% 7i» ♦% 7 *25 27 ♦25 27 25 8% Dec 30 16 General Motors 900 12 *11% ' *1578 102% 112% 88 82% Bkg of Ga 5s. 1942 J/N A...1948 At 8 10 4% 106% T.'j "l4% Cent Pac 1st ref gu gold 484—1949 F Dee 1% May 2 8ept 23 5% Mar 21 73% Feb 19 5% preferred—.. 42,200 125% 28% 8 General Mills.No par 200 33% 5% % *%«* *5n 12 "" 12% *75%; 82 *'13% '14 58 >56% 58 11% ,:,n% 12 *77S 110 90% 106 •'93% *43% 106% O J 41 Nov 29 23 Gen Gas A Electric A..No par 36 conv pref series A.No par 330 81% Transportation Dec 10 General Foods Corp No par 34.50 preferred—No par 26,800 105% >27% 27g , *5*8 5*4 5*8 ,5*8 108 108 *105% 109% *29% 92% 108% 90% 107% 110% 68% 03% D 1966 A 6% Apr May 39% Dee 5 7% preferred —.100 General Electric Co. ..No par 90 . 130 125 125% 28% 3 *23% 93% 110 103% 86% 67% 93% 104% 86% 83% 94 105% 105% 110 110% {Central of Georgia Ry— ♦1st mtge 5s ...Nov 1945 F A .......1945 MN Dec 24% May 2*4 Sept 12 47% Jan 21 4 Apr 16 7% cum preferred .100 General Cigar Inc..—.No par ""400 127 2778 28-% 3 75%"76»i • 19*8 14 *734 *634 90% 107% 93% 106% 107 105% 105 D D Jan 118 1 2% Dec 10 6 Apr 23 General Baking..........i.5 *27% ■ No par 800 *129% 130 125% 125% 15 5 % % conv preferred..... 50 Gen Amer Investors No par 2,900 2,500 82% 82% No par Industries Inc.—_1 5% preferred....„10 Gaylord Container Corp 6 44% 28 28*8 Gamewell Co (The) 1,400 4 >334 27g 18 .....20 4% 4% 124 *114% 124 334 3% 3% 27g 2*4 278 9% ♦884 9 91% *88 9178 18 *1734 18 4 ' *114% .- 44 44% 6% preferred 7 *47 *47 52 52% 5% 5% 5% 5% *103 106 106*4 *103 127- *81% *129% 1834 10 *9% 9% 75% 82 • *2 *62 108% 84% 107 105% A Celotex Corp deb 4)48 w w—_ 1947 J ♦Cent Branch U P lstg 4s.„.1948 J Nov 35 23% Juiv 29 Gabriel Co (The) cl A .No par Galr Co Inc (Robert)—;.—..1 600 10*4 1 *104% 113 7 h T *s'« 17% • rn *40 65 .7. 65 105 100 84% A 1955 / D 1956 F A 1951 M S 32 61 8 Jan 46 41 Dee 23 Apr 9% May May 2% Aug 7 Jan 9 May 21 18 21% May 6% Sept 22 : Sept 18% June Dec 32%May 31 Jan 19 32% Sept 20% Jan Feb 19 Jan 46 24% June Jan 35 > June 23 2% Feb 17 par 8 Jan 100 Nov 17 337g Jan May 31 9% Dec 10 SlmonACoinc 7% pf.100 Sept 12% May 84 May 32% May 10% May 25% Apr 3% Dec 10 105 Feb 22% 21% 103 8 24 par Jan 40% 14 42% Jan 13 16% July 171, Dec 24 __io preferred.;. .No 20 27% Mar Nov 28 18% Jan 10 105 Jan 10 Dec 21 Jan Jan 98% Dee 13 Dec 16% Dec 31 Freeport Sulphur Co ..10 Fruehauf Trailer Co.—.....1 178 *2% *9% 18% . 4 114 28 24 r 314 *60 2 'a 11*8 81 66 100 con g *94 44% >17% »S2 % - ' 41% 109 impt M 3)4s 95 *104% 113 *5% -'"5% 45 *56 7, 66% 0 2d consol gold 4s *94 3%. 3% 27g >»::2% 9% 9*r *90 92% l%" 11*4 -4734 N *13%-137s 2"8 58 Guaranteed gold 5s...--Oct 1969 A Guaranteed gold 5s ...1970 F Potts Creek Br 1st 4s 600 42 ' 25 '7% "' 5*8 • *75% r'-13% 76 80 105% 109% R A A Div 1st *109 48%' 5% 8% ,3%. 106 Ref A "966 ,18% *38 " 3%1 483g 48 56 105% S f deb 4Mb 19% *12 8 - ' *40 71 105% S f deb 4Mb 37% 18 - *122 82% «!« l *14% -15 -112 V:- 8 114 SO J 5>4s 37% 18*4 conv Francisco Sugar Co ....No ' 18% 9% 75 127a1 127S 108% 111 J Prod 37*4 5% 4 28% *31% % • 18 *14 -. "15 104^ 111% 105, 113% 83 95% 63^ 102 107% — 1734 *18% ,19% 39% 9% % *9*8 -3 0 Central RR A 42 -v 18 *122 27*8 ■: *24 74% 74% 18% 9 h 17*8 .• 267 16 - 108% 108% *100% Canadian Nat gold 4J4s — ...1957 J Guaranteed gold 5s..-.July 1969 J Certain-teed 1,500 *37 108 114 *3% •' 334 234 27» 8% 9% *90 1 92% -- 5% 5% *5% 5% 107% 107% *107 109% 24 "24 78 ' 30% 37 % V, Canada Sou cons gu as A.....1962 A 3Ms— $7 *38 " 1% 43% ; 37g 127 82 5% 5% Central N Y Power Foster-Wheeler. 600 *18% 5% J13% 114 n, *U *l4 3g *11* T2 12" 12 *104 *104 113 113 79% -•81% v 10 72 30% .--4. California-Oregon Power 4s-..1966 A O Central Illinois Light 3 Ms , 95 *104 44- . 37g V 102% ~m •*71% *110% _ {♦Consol gold 5s 700 38 *U>8 5% 114 18;;. 83 *9si 1955 J J ..I960 A O Guar gold 4Hs... 130 32 18*4 42 - . 1 *104 ,108 4 27:5* *105'2 107% ,107% 109 1952 AO Guar gold 4Ms 33 *3134 ' Florshelm Shoe class A.No par Follansbee Steel Corp... 10 5% conv preferred .100 Food Machinery Corp 10 2,100 *30 39io. V: *5'8 107 *102% 0 ♦Certificates of deposit—— Guaranteed gold 4)as 434 • 33 11% 11% 11% *116% 130 *116% 130 > 834 8*4 ,8% 8% , *6% >t%2 Cedar Rap A Nor— j*lst A coll 5s. — 1934 Consolidated 5s 100 90 47g June 10 25 Sept 12 45*4 Sept 24 ; 3% to 1946) due...——1957 A/N Bush Term Bldgs 5s gu 19*4 22 • 4?8 79 16 317gMay 8% Dec 23 par 34.50 preferred...—.No par Florence Stove Co...—No par ' 2% 2% •*978. 10*i 19 ;,J 187a 719 3% 3% 3% 7 *6% X 7 11% ! *9-*4 lObi 50 *47 50 '*9% 43 *88 17« 2% 18% (interest at Bush Terminal 1st 4s. 100 32 *3134 1178 10*4 *129% 430 *129% 130 ; 31% 32%! 31% 32% 32% 32% *12412 125U 124% 124% *124% 125 *2812 29 *27% 29% *27% 29 .3. i *27g 3'v r.3'" 3 3 {Burlington % >38- 94 *129% 130 102% 107 100 104% 102% ,106% 101% 104 103% iosM' 10^- AfN 1st lien A ref 6s series A....1947 A/N ^Debenture a 130 . 38 ' .... feali *116 *19*4 4*4 ■ *30 Flintkote Co (The)....No 12 6% preferred series A... 100 First National Stores..No par ' .6% ,-T7y,-r. 104% 104% 101% 101H 104 Big Sandy 1st mtge «..—..—1944 J D Blaw Knox 1st mtge 3Xa 1950 F A Boston A Maine 1st 5s A C....19o7 M S 1st M 5s series II.—.ii;—1955 At N •~?"I 1st g 4»4s series JJ_— 1961 A O J 1st mtge 4s series RR.. 1960 J ;74M ♦Inc mtge 4)48 ser A...July 1970 MN 38 M {♦Boston A N Y Air L 1st 4s..l955 F A Bklyn Edison cons M 3)48—.1966 A/N F A Bklyn Union El 1st g 5s.——1950 Bklyb tin 33 *4*4 *30 ' i 800 1,400 1,900 97% 19*4 22 *19% i97% Jan 15 12*4 Dec pit share 2% May M»y '15 34% Feb Fllenes (Wm) Sons Co.No par Firestone Tire A Rubber...10 Highest per share s 27%8ept22 Dec 29 1,200 S 4% Jan '< 8% Dec 17 — 9% 9% *95 86 Fer.o Enam-l Corp.——— 1 Fidel Phen Fire Ins N Y.S2.50 """966 14*8 38% 39% 38% 39% 39 38*4 38% 38% 383.1 3S3.i *111% 116% *111% 116% *111*4 116 *11134 116" *113% 116 i *113% 116 i 1% 1% T% 7 1% 1% f 1% 1% 1*4 1% 138 1*8 1% 103 *99 *97 101 *99 .101 100 101 99 *90 100 100 .Z7T7. 26% J Consol mtge 3s ser G_...—1960 F 22 M884 >94 2% 50 *122 27% *82 ■A. 0 Consol mtge 3%8 ser F——.1959 J 20 1834 *10 *3'8 c 3% *2% ••, 234 *8'2 . 878 :L 1734 ■127 27»a *1021t» 99 0 A 39 *19% 9% 49 """366 90*4 39 9% • 9% -96% 96% *19 19% v ',*1*8 *6% 7 *97*1114 114 7 .<' 92 *17 *122 17S , 42% 378 8% *90 - 14 ..1955 AO A 65. 106% 113% 130 137% With declaration..— t ♦Berlin Elec El A Undergr 6)4 81956 Beth Steel 3^8 conv debs.;...1952 8*8 65%. 44% With declaration... Consol mtge 8X9 fcr 42% *11312 114 *3i« 3*4 ! 2»4 v 27« % 48 108 0 A 90*4 38% 37% 94 4% •. 5 *104 108 - 64% • 72% 108)4 V 91% 38% 18% 94l2 - *47 4% 108 4 > ; 50 *104 52% "76)4 D *90% 37 *18t4 19 312 7 3% 11% 484-; 14% ,36% 52 *42 O J 09% -;*1» 130 *38 * • ;.35s 7 • *10 if 47- .26 ^♦Berlin CltY El Co deb 6)48.-1951 J D vi'% With declaration........— 71 *Deb sinking fund 6)4s 1959 f"a •Debenture 6s..... *6% 46% 97 • j *11% 14*8 • 181# *1*8 19 *47 38 Yi 52H J 1948 ./ 1960 a 3)48—.——1.943 j debentures.— 274 36 26 402 52 ii O Fa 5s series B 1st A ref 58 series C 2^8 36^ ,38ji n a 15 14% •3214 *3134 732% 12% i 12 ,12., , 8*8 *2 214 10% ,10% ,,10'4 ' 46 j ........1951 J. 1989 j Battle Cr A Stur 1st gu 3s s 40 % j J Beneficial Indus Loan 47%. J j 15 39% *14*8 $ per share 2% Apr 16 14*4 Dec 23 4 % % conv preferred.... 100 89 39% *11% 3 per share Par '■ 73% 27% 37 )4 J *94 . 58....1943 Con ref 4s Belvldcre Del cons 66% 485 36)4 i 38 H ♦Conv due.l Bell Telcp of 233 38 M Mm Pgh L E A W Va SyatemRef g 4sextended to..-.1951 M N S'west Dlv 1st M (lnt at %Vi % 4astamped.. 65 H 36 Mk 1 1946) due.... 1996 At S Feb 1 I960 F A to Sept * • 63 H 37 H . 10*4 40 39 Year 1940 Lowest 68 64)4 Ref A gen ser F (lnt at 1% 9 38 73% 53% 10% 14*4 33 A2 42 : 18*8 96 *3% ^ 2000 AT 1 1946) due to Sept 53% 89 15 934 934 •*95 '-'• 97% ! ■ 600 *86 % ■ Range for Pretlous Highest Federal Motor Truck..No par Federated Dept Stores .No par 1,400 17 *86% 10% •5% -ii "A''"'- 31 , 32% *36 19 (lnt at 1% Ref A gen ser D . 146 70 Stamped modified bonds— 1st mtge g (lnt at 4% to Oct 1 1946) due July 1948 AO Ref A gen ser A (lnt at 1% to v Dec 1 1946) due....... 1995 J D Ref A gen ser C (lnt at 11- 5% 1995 J to Dec 1 1946) due D 4 '<« •-Ah- • - *38 37 *94 62 M 60 M 42 37 1st mtge gold 4a,......July 1948 A O 1948 A O 48 registered — 17 17% Shares 3% 40 14% 22;- *2014 31 •9 *39 '♦+'(**]+!. v - t 3134 *18% : Baltimore A Ohio RR—, *17 share "er *3% 3% Lowest >39 - 9% ■ 0 S 16 *10% 397g 90*8 J 90% 3814 138% , 9% 22 - • 38 *12 >: 117g 117g *1D4-1178 *115: 130 *11512 130 *11512 :0 J03,r; 106% 3% Range for Year 1941 On Basis of 100-Share Lots YORK STOCK EXCHANGE >11% 14% 9712 ^*95^973j> 20, *1912 .20 *20'i y 438 ; 24 ::. .34% .75% 104% Jan. 15 tper share >10%. 10*4 15 90*8 - 9^8 - *19 *20I4*-22- 14 90I2 38 oi2 *95 " *1112 137* 90% *37% ; 20 69 t-per share 3% 3*8 17*8 17*8 >86% 8.9 . 3*8 15 -• 13^8 90l2 38 9h *95 A; 97% n B *10 3712 9% ,.97%. Jan. Friday L - -39.' - *11»4 99% 102% 72 AOt^j *13i2 »0l2 97% 101% 82 X 12.iM 36 W 40. 90 105 112% 111 ' 112%" .. ;.3ow, / 32-; ' Atlantic Refining deb 3s—...1953 M S in"j4 - . STOCKS Thursday 14, Jan. -3*8 *17% .'1734 17*8' 1784 *85% 80 > .*8512 89% *10ig. 10i2 IOI4 1012 3834 39% 39 ' -39 %7V 17% 109111% D lsi Wednesday %■ per-share- *3%358 .. *85%- 89 f 39 Ill 110)4 $ per share< 3*8 * *9% 110)4 1st 30-year 5s series B —1944 J i Jan. 13 -95% 101, l06% 105. & Nor g 58.;„...l946 J Atl A Charl A L 1st 4^8 A.—1944 J At! Knox Jan. 12 3% 103% 97% 103% HiM\\\K iioH At S Tuesday $ per share 07' *97 <4 ii.— *103-)f-T04& D Rocky Mtn Div 1st 4s -1965 / Trans-Con Short L 1st 4s—1958 J SALE PRICES High 86%":94% 19 *102 Afondav Jan. 10 if ~ 89" J HIGH Saturday « r Stamped 4s 1995 Conv gold4s of 1909—.—1955 Conv. 4s of 1905. —1955 Conv gold 4s of 1910--.—-i960 AND NEW •1941 " High / LOW for Year Asked Atchison Top & Santa Fe (Concl.) ; Cal-ArlzlstJfc ret itfs NEW YORK STOCK RECORD Week's Last f! 283 Jan 37% Jan 8| 8% May 54% May 101 June 3% May 28 Aug . Jan Apr 9% Nov 16% Apr 110 Mar 60% Jan 38% Deo 16% Apr .71% Apr 112 6% 50% Deo Jan Feb THE COMMERCIAL & FINANCIAL CHRONICLE 286 Tuesday, January 20, 1942 NEW YORK BOND RECORD NEW YORK STOCK RECORD Weed Friday LOW AND NEW YORK for 312 *lo 3*4 *1988 1 19.7s 3*4 3% *978 3 ">8 1934 *2 3*8 S 3*4 20 20*4 20 3% 3*8 3*8 ;■ *8 »M ; 13JJ *2 2*4 *25s 20*4 *2 234 20*8 3*8 '>8 3% »s % **8 20*s 1,800 3% 20 * 1,700 2*4 2*4 ., 400 1" *3g i2 3*4 20*4 3% ' Lowest Shares 5 per share $ per share { per x hare 58 3,100 21,600 *3% BONDS Ran0* for Previous .,•< N. Y. Year *940 . Week 16 Jan. 15 Jan. 14 Jan. i p'r share *2 3% 13 Jan. $ per shaf $ ; er share *%6 % 3 12 Jan. Jan. 10 Wednesday 7 vexdau Monday Saturday Range fw Yoar lu-G - On Basis of 100-Stare Lots STOCK EXCHANGE the Frlda'i Thursday STOCKS 1 Sales HIGH SALE PRICES I per Share Par Y Lowest Highest $ Hudson & Manhattan....100 *is Dec 24 5% preferred... 100 Hud Bay Min & Sra LtdNi par 1 *4 Dec 23 3'">8 Jan 15Way26 2% Dec 10 2178Sept 11 *4 Nov Hudson Motor Car—; .No par. - 6 *4 Jan {Hupp Motor Car Corp May .478 Jan 43 5 1% *2 Dec 2*2 May 12 May % Jan 22 Week Ended Jan. 16 Range Ra age or Sale Frl' t> •% for Year isked A 1941 05 to High Rid Price Railroad & Indus. Cos. (Conl.) ♦Chic & Alton RR ref 3s 1949 A 14K J 88*4 Feb 34$s registered Jan 27 Illinois Division 4s 6*2 Feb 1 . 0 Chic Burl & Q—111 Div 3^8 1940 J Fob 7*2 *2 May 6 s Last ■i? No Highest I per shr,re% per. share. share per — Y Y; STOCK EXCHANGE Jan J , .1949 j"j "94 H 1514 89 107 04 k" ""28 A 72 A 7814 93 8614 1003/ 90, 97 82*4 72^4 108 711{ 8814 48 631/ 80 78 34 49 70 88 28% 240 2014 3014 90*4 1st <fc ref 4^8 series B......1977 F 1st & ref 5s series A 1971 F 9414 79 9574 "si" "8214 18J4 83 85 i High 834 184 H7% • .4. ....1949 —1958 — Low 14 H * 1949 4s registered General 4s Low 7014 7714 , Chicago & Eastern 111 RR— 734 18 7*2 1 71*8 17*2'17*2 •37 37 37 3% *15% *3*4 16 712 17*2 734 l77s 18 37 37 37 3% 15*4 6% *2478 3% 157s 6% 25*4 15% 7% 25% 7 7 2514 ■25% 25% *97 99 99 99 *37 99 157 157 *166 36% 334 *3 *15% 16% *634., 24% 714 25 *9812 100 ♦155 7134 10% *fil4 10*4 - 73s .. 146 146 *156 72 71% :7 5,700 37 25 7 . 25 *156 158 49i8 *46 2% 23g 117a 1*8 48*8 234 11*8 1*8 48*8 *2*2 117« 1% 1188 74 '74 12 6% 11*4 12*8 1178 678 *6*4 • *22 23l2 23*2 23% *22 .109*8 109*8 *10958 UO 110 9*8 778 87s 9*4 8% 8 '7*4 7*2 7*2 7% 142*8 14234 142*4 *140 143% 48*2 49 48*2 48*4 481.1 157*2 157*2 158% 158*4 158*4 *6*4 . 26*8 26 >8 2678 *127 ♦127 131 *45 2878 *38 37 ♦97l2 102 15*8 15*8 59*4 2 *1*8 44*2 2*4 *1*8 2*4 44*2 45*8 46*2 45*8 47*2 30 37 95 313., *131*2 - 30 30 30*2 37 *36*2 99 37*8 912 *2*8 9*8 6% 100 154 -No par preferred. 63 — Inland Steel Co Sept 23 Dec 11 161 23 Maj 9*4 8*s Dee 10 13*2 Jan 140 Ma* 158 6 Feb 25 66*2 Maj 94 19 Dec 27 Interchemlcal Corp 6% preferred — . 2..No 11,100 Internat'l Harvester...No par 500. Preferred— 100 . D33 10 May 8 91 Jun< • june 800 2*8 „ 97 1 1 33 May 145 May 173 178 1,600 Intemat Mln A Chem..No par 400 50*2 Prior preferred...—-...100 Internat'l ii*706 4,200 100 2 457s 2*8 Jan 100 125 May Inter Paper Co 51*4 Dec July 26 "Jan 13 131 1814 3214 9*4 914 53/ o.;v 914 6 12 02 .72 Sept .18 737sJune 10 500 900 International Shoe 300 International 4812 Oct IS 33*4 Feb 21 49 No par International Salt 32*2May 23 No par 48*2 2% Sept 12 —100 5% preferred....- 10% Maj ,40i2 Maj 1*4 Maj . 1*8 Apr 16 26 Silver .50 Jan 31*4 Jan 30 25 Oct 30 Oct 3* Inter Telep A Teleg___-No par l'l Dec29 2*8 100 Foreign share ctfs...No par 1*8 Dec 29 9*8 9*8 1,300 Interstate Dept Stores.No par 5*4 Feb 19 14 Sept 18 *94*2 10 Feb 24 98 Sept ""ioo *2 9*s 3134 *8*8 97 9*8 *29*2 31*4 29,500 Preferred *131*2 87 100 - I —1 $6 preferred.— 9 >. 9*2 Aug 20 26*2 Dec 22 3334 Aug 134*2 Aug Mar 21 124 9 3*8 Sept Feb 14 7 No par Intertype Corp Island Creek Coal...-. 3*8 Sept 1*4 178 4*8 74i2 5*4 122 40 '4 2 44 34 245 4'i% 43 *4 J 43% 43)4 44 34 44*f {Chic Milw St Paul A Pac RR ♦Mtge g 5s series A.. — ....1975 f a ♦Conv adj 5s"—' Jan 1 2000 A O 11 \<i 10H 2M 214 J J ^43 ij J 1989 J {Chicago & North Western Ry— ♦Generalg 3!^s .*...1987 MN 3registered ♦General 4s.. ■ 104*8 57*2 57*2 573(5 5714 *75i2 *934 23 23 623, 77k 1034 22*8 *6l78 124 124 124 *122 *6*4 6*2 6*2 *6*4 27 27 2734 *27 27*2 *100 103*2 *101 103*2 *100*4 103*2 104*8 *100 58 53 5934l 59*2 59*2 59*2 59*2 59l2 124 124 124 124 *122*4 124 122*4 124 22*4 23*4 233* 24*., 23*2 24 23*4 23% 63*2 *81 **8 63*2 62*8 62 >8 *62 *62*4 63 77*2 *77 78*?' *77 73*2 77*8 77*8 77*2 *9*2 10 10 10 9*4Y 9*4 9*4 23*8 62*8 02% *76 *6*4 27*4 2734 _ 76% 10*2 *934 6*4 6*4 *27 *100 101 101 6*4 26*4 6*4 25l8 0'i. 28 200 2,200 Jarvis 100 1,500 (W B) _1 5*4 Dec 29 14 Jan 317g Dec 29 44 ♦Btpd 4s n p Fed Inc tax. 1987 ♦Gen 4^(8 stpd Fed inc tax 1987 434s registered 1987 ♦Gen 5s stpd Fed inc tax. .1987 Jan Feb Dec Jan -.100 4!/% preferred Johns Manvllle....... No par 100 Preferred 30 122 Nov 128 1 4*4 Jan May 4% Jan May 1ft >8 Jan Junr 92% Dec Jan 8% 33 Dec 200 5% pref series A.......100 59 ' 200 5% pref series B conv.. 100 64*2 Dec 10 1 8*4 Dec 10 500 Joy Mfg Co 17 67 Oct 17 ♦Convg4^s 77% jun 132 122*4 Ma 578 578 6 4 "4" *18 19 18 18 ♦10 in4 "~4 *g 4% 7 7 *7 *96 102 *96 102 *96 11*8 *4*2 12 478 478 3514 *127« ♦28 *96 117« 434 4% 110 *104 ' 102 11*8 11*4 478 *101* UO 1178 4% 1*104 35V 36 37'sl 365a 13*; 13*8 28*8 13*8 28*8 13*8 28*, 29 2 2 2 *2 *35*8 37*; 37 22 221. 3514 22i8 *1% *3*8 35*4 22*4 3*4 25 25 26 26 28*2 28* 28*8 28% 3\ *3*8 18 11*4 100*2 100*2 7*4 *7*8 7*4 *578 102 4*8 *16*2 *16*2 19 *10 10*| 10 J 1178 Income Aug 23 2* 16 2914 26^j 98 1634 29?/ 15 22 18 3014 2815 MN 27 i-i 128 2614 26 34 2614 4 16X 1936 t/N 31 14 2!) 3114 55 1714 17 D 17*4 Kan 14 Sept 17 12% Jan 1C - — 9 >8 Dec 6 Aug 2 22*4 Aug 2 4*4 *105 2*4 2*8 22*4 22 22*2 *3*8'/ 26*4 26*4 4 26*4 2858 22*4 4 28*8 M"a > 4 29 28*8 200 400 Kinney (G R) 4,000 V ~600 1,500 Jan Maj 7 8 Do. '5 ." 2 8*2 Jan 4 106 93*2 Feb 21 30*& Dec 10 11 *s Dec 10 28*4 22*2 *318 *25 A7 .No par 140 Aug 18 4*8 Dec 23 Kennecott Copper.— .Ni par 2*4 21H *9 11 35 *30*8 35 *30 35 12i4 *12 121 *12 12*o 9i2 18 *9 10i8 *9 ; 12«8 *9 10*2 10 *22% *llll2 3'2 1'8 9U 10 •*9 17*4 "173 2314 *23*8 23' *111*2 117 116 3'-a 3*2 3*. Jl8 1*8 1*8 9*2 10*4 91.1 13 10*2 20 20'8 20 1238 *12*8 12*8 *12*4 20 20 20 ♦20 21*8 434 21*4 4S4 21*» 4 <8 33 *32 73 72 *175 *18 , ■ 27 2714 21*8 4% 5 5*8 34 *32 28 27 33% IOI4 15 *33 2234 3714 20*2 12*2 20*2 22*4 21 12*2 20*2 22 10*2 12 10 10 *31 35*2 12 12*8 12*S! *9 934 *23 18 I 23V 112 *9 ;■ *17*2 22*2 23 Jat 8% Maj 4*4 Ma* 10' 38 Jan 10 3*8 July 25 3 5*4 Sept 13 28*h Aug 30 Feb 15 29?8 Jan 10 24 May 2734 1*2 17*2 19% 40*2 July 29 3:22*8 Mar Kroger Grocery & Bak No par 20*2 12*2 *12*4 26USept 17 *19*4 22*4 5 5 5 *32 34 *32 5*s 33 10 *14*4 23 22*8 38 37*4 106*2 106*2 40*4 40*4 28*2 33*2 2818 33*2 33*4 10*4 28l2 33*2 *10 10*8 14*4 15 23*4 .23*4 •33% 39 10*8 *1434 10*8 14% 2234 38% 23*8 38*4 40*2 15 23 38*4 293g *33*8 1,800 Lehigh Valley Coal 11% 7,600 21*8 2,600 *12*4 19*2 1278 100 Lehn & Fink Prod Corp..—5 19*2 400 Turner Stores Corp 40*2. 3*8 18*4 15 141*4 17*2 "42" 71 71 60 , 2I78 4,700 22 5 6.300 5*8 *32 33 T65o 2,300 '•.2 3?<s series mtge West 28*4 5,700 33*2 200 Indiana '10*4 3*2 19 14*8 141*4 *13*4 70 2 3*2 .18 14*4 42" Cin Jan Cin Un Term 109 Apr '18% Nov 9% 3*8 105 38% 20 12 5/ 506 73/ 13 'A 189 73/ 3/ Jan 46% Maj Apr May 2*4 18 31*4 Apr 26 Feb 29*2 1963 J E J 108*4 J 4s. 1952 .J con 10014 6% conv 3 .50 ——1 No par Fcrd G!.No par Libby McNeill & Llbby—7 Life Savers Corp 5 is Liggett & Myers Tobacco..25 ——25 —.100 15 141*4 143 Elec 1st gu 3%[s„1966 F 39 38 40 1914 O 19 *102': 10814 *17 17*o 8 4 100*4 June *1% May 2% July 25 14*4 Sept ; ; . ... 17*4 Dec 12 ;■ 21 30 10*4 Dec 10 May 8 2 . Cleveland Elcc Ilium 3s Cleveland A 1970 J ...1912 1942 ....1948 Series D 3)^8 guar— 1950 Gen 414s series A ..1977 Gc» A ref 414s scries B 1981 May CojiI River Ry 1% 71 Debenture 24% Nov B 16 *102"i« 1,800. Long Bell Lumber A...No par Loose-Wiles Biscuit——25 109 108 4,100 Lorlllard (P) 72*2 3,000 -*-'.10 7% preferred...—.—100 Co O O O 0 D A O 81 8214 31 75 82 82 82?/ 9 75 90 70 H 70 70*/ 62 64 >4 63*/, 05 73 605/ 51?/ 79 3/ 73 D03W 6s.....Apr 1952 15 A 87 "17 !4 16?/ Dec Louisville & Nashville.... 100 60 Feb 18 O *121 32*4 20*2 *13 *25% 4 24 2314 *139 ... 23*4 33 20'2 20*4 *13 3*8 *'8 3%l. 3*4 15 1 *24 25 *24 25 2) 29 *172 176 I 28l2 *172 For footnotes see 4*4 6*2 15 15 1 1 3*4 3*8 6*2 7 12*4 12 V 24*i 25 5-4 5% 26 4 "8 1 3-4 6% *12% 12% 25 25*4 5'4 3% 6*8 5% 23 27% 4 4 6*4 *% 3*4' 6*2 12*8 24% 5% 25% *23*2 6*4 ■.■'. Doc 30 691/ Columbus A 1st ext 4s. .1955 F Tol May 109 Apr J 99*4 .100 Ji 109*2 188% Apr Dec Commonwealth May 23*2 Apr 18*4 May 30*4 May 41 Ma* 14% deb w A Conn A 1969 May Apr 1 w Edison May 109*2 46% Pasump P.iv ...1908 .7 D J 1968 J 28 1st 4s. .1943 A 3*4 Dec 29 19 Sept 18 I3't Jun 17% Dm 138*2 May 15% May 38 May May 23% Apr 21 35*4 Dec 30 17*4 Dec-2 9 2 9*8 Sept 24 11 10 1 19*4 Dec 17 5*8 Dec 27 26% 1,700 Magma Copper...... 3% 37S 4,700 Mauatl Sugar Co. *5% 6% 100 16 1 6*4 3% 6% 12*8 12, 12 25 24% 5% / 3% 6% .V* - Mandel Manhattan Shirt.... Maracalbo Oil Exploration 610 Ry6% pr 11*2 Ma* *4 May Jan 14 4 l%May 20 108*/ J J *108 J J ♦109 F A — — 65 .i.-1946 ..1948 A O 103 A O 10)'/ A O 105 3,090 Martl.1 (Glenn L) Co.... 5% 2,400 Martia-Parry Corp 25io 1 No par 23 600 Masonite Corp........ No par *23*2 25 25 23 23% 100 Master Elec Co— 29 29 29 29 29 29 900 Mathlesou Alkali Wks.No par 176 176 *174 ISO *176 180 *176 180 10 i.l 100 31 12*4 4.1958 J 1950 J 4% Apr. Jan Apt 7% Mar 16*4 Jan 1% May 5*4 1951 J 1) 1951 J J 1955 J J J Dee 26*4 J*"*1 9 32*4 Sept. 15 12*4 Jan 6 19 May 28 21*2 Dec 11 28*2 Jan 13 28 Sept 15 21*4 June 24*gMay x ....... 3l*.t Sept 17 21 June 32% Consumers 100 June 173% - 1st mtge 314s. 1st -mtge 3*4 Dec 171 5 Junel3 176 Aug - 6% May 16*2 Nov 47% Apr 14% Apr 407g Jan / >4 107?/ : 1075/ 106 1093/ 1023/ 106 34 18 2835 16 5/ 28 102 1051/ 104?/ 107?/ 8 103 I/ 24 10314 2314 24 *24 S3- 22 2314 2314 WN • . 18 28 83 7534 8554 1942 ♦Cuba Nor Ry 1st 534s 107?/ MN 10J MN 291. 103K — 109 109 % 107 11 J07 M 12 MN 10314 108 '<• 109*4 J 102',,. 102 vs 102 A 6 100 J b *93 J D •-• 106 109 1074/411 ■108Ji 111*/ 105?/ 10934 2; 107 11134 -v 6 102 107 100% 3 97?/ 102 0234 99 94 31 27 M ♦Deposit receipts 107% ;'Y 3 103 MN- — For footnotes see page 290. 1065 — mtge3148..4967 314&..;.——T;—1970 1st mtge 3J%8— ....I960 1st mtge 3Ms—, -196J Continental Oil conv 214%.. 1948 Crane Co 23^88 f debs...... — 1950 Crucible Steel 3%a s t debs.. 1955 1st Die 10*2 Dec 10 5*4 Jan 14 11*4 Jan 17% Sept 103 10314 103 Power Co—■ Apr 7 9 . 1960 J,,J Oct *3*4 3*2 May 278 May 8*4 May Dec \01H 103'4 105 J 334s debentures. Jan Mar 1093/ 1083/ 110?/ 1071/ 104 J 3lis debentures.... 136*2 May 31*4 Dec 38 119 108 105 814s debentures.........4.1956 314s debentures Nov 9 11 Marshall Field & Co...No par 24% May 35 119 109 3/ 109 5/ Consol Edison of New York— 18*4 Jau 25*8 Apr 163*2 Dec '21% Jan 8 278 Dec 18 3*8 Dee 10 pref..100 2,400 7% preferred.. 8 12% Apr 17 25 2 4% Dec 21*2 Maj 1*2 A ill T Marine Midland Corp.——5 Market St 4 87s Jam . 7*4 Aug 18 16*2Sept 17 23 251.1 1*2 Feb —20*2 May 6 July 28 147g Aug 31 25 IOO 200 3,700 Feb 17 Bros.........No par 26% 29 17 Madison Bq Garden...No par 2) page Sep' Macy (R H) Co Inc...No par *% 25*4 25*4 May 128 Mack Trucks Inc.— V) par .j. , 107?/ 110?/ 107 119?/ 100?/ 101 O Consul Oil conv deb 314s Mav 31% Jan 21: 138 Jan 21 1,800 28 108*/v.,l')'4 108 Vn J 08 Ji .1951 1st A ref 4J48.1951 Stamped guar 414s... fcpr 2,600 13% ' 253/ 1013/ Conn Riv Pow s f 3»4s A—....1961 Conn Ry A L Apr Jen 4*4 5 10515 Co-^- 314sseries I Conv debs 314s 1st mtge Apr 20*2 May Sept,4 96 Apr 9 Ineome Dec 27 Y 13 a ♦Commercial Mackay Corp— May - 37 Jurv 21 100?/ 106 24 31^8 1970 J11111 87 - — Apr Apr 2 33% *15% 5*4 —100 *132 6% preferred... ^ 1133/ 9% 45 29 21 1 3% Dec 10 o* 113 May ♦Debeuturc 4s... 19 Mac Andrews & Forbes.... .10 , 86 123/ 26 9615 106 :—- May 4 32% *13 15 . 100 241.1 *24 235s 176 27*8 *3*s *14% 6*2 f *25*4 33*2 20?8 137s *13 *231.1 *130 .. 33*2 27 14*4 24*2 20*2 13% 2678 4 5%i 23*, 25% 5!.i 33% 20*4 •13 *6*8 3*8) 7 | 12*8 25-8 5*8 26*4 6%. 12 V 25*8, *130 27 414 *13*2 6*4 12 25i8 5i8 *25*4 6*2 *12*8 33*i 20*2 *23*4 25*4 6*2 *3*8 *13*2 241* 20'4—20*2 13% *13 4*8 6*8 14*4 1 *7g — 25*2 4 4*4 *6*8 ♦13*2 33 32*8 13% 25*2 *23*4 *130 *130 ... 33 32*4 20*2 137S 26 24*2 *23*4 .101 56 10615 " *110 5 ,... M *23 101 H IOO ioo 77 112 11415 m% 111 ,-10 74*2 Nov 107 103 207 18. 101,- 10L', "3 18 • 87- 1073/ 97 22 15 103 85)4 *10734 July 24 23 var Louisville Gas & El A ..No 107 YY-. 103 - £ June 25 19*8 Jan 15 Jan 2 88 3/ M 169 162 109 108 .108H 107% 1073/ - 10714 Columbus A Sou Ohio El 45*2 July 28 178 Dec 10 13*4 Jan 30 12*2 Dec 23 142*2 Dec 31 1053/1051/ *101H 1956 J 2,500 7 Jan Jun. -33 39% Oct 31 >: 79 53% , Loews Inc... Apr 21 68 66?/ 1043/ 1103/ 30 1,000 110 7414 10834 61 40 *108 4,600 4 74 X 107?/ or 403/ C 38*4 35 5 Debenture 5i._ 1961 J. Columbus A H V 1st ext g 4s. 1948 A 33*8 June *7414 189 ■>.- Jan *41*2 "ilk 105 50 50 85 : 53 % . Feb 39 71*2 80 „ 78 51 14 38*4 71 68!/ 11.3?/ 29 18% Mar 71 99 .76 *76 J ♦Colo A South 414s series A.. 1980 J/N Columbia G A E deb 5s.May 1952 .MN 41% Apr 37% Mar ..No par 1st gu 4s ♦5s income mtge... 4*4 Nov 10*8 May 190 89 Jau 22*4 July S6.50 preferred. ...—No par Lone Star Cement Corp No par .1945 J 5s..l943 F .—1970 A Colo Fuel A Iron gen s f 5 9*4 Dec 31 Apr 26 1977 A lsts 1414sseries C— Jan 8 200 11014 111 *105 514s...1972 A 1973 A Union Term gu Dec 16% Jan 17*2 111 14 112 *105 1st s f 5s series B guar Dec 31*4Sept 142*2 143*2 1108', 100 ...Zft "51H A O A O MN F A 1st gu 414s. 1961 A 4 25 Y 19*2 Apr 21 28 May 22 *17 10 Pittsburgh RR— Gen 4J^s series B Series B 3^8 guar Jan 13 17*1 iosi^ 10814 9% May 18% May 3 Jan Dec *15*4 Mav 37*4 Jan 14 13*8 July 30 i *2 ,76 —.1.993 ,7 P . & 11078 15% May 2 Jan 35*4 16% May Oct 189 xU) May 5*2 Aug 18 26*4 June 16 x 4 Lion Oil Refining Coi_.No par 17*4 - 104*/ 106 1 ♦U114 ♦95 34 Br.. '....1993 J D tm|it 4Ha series E-..1977X J Cin Wab A M Div lst 4S...1991 J J St L Div 1st coll tr g 48—1990 MN Ref Cleve Lockheed Aircraft Corp. —-1 15% 109 i n if 107 111H *100 M General 5sseries Jan Liquid Carbonic Corp..No par 15 1914 10814 108 "7 108 A 1) 3>$s D..1971 M N .General g 4a— Y 7*2 Nov 400 15 5415 98?/ 10415 89?/ 97 3/ 91?/ 99?/ 2714 513/ 91/ 223/ 9714 J Cleve Short Line 800 15 70 106?/ 10915 108*/ 10014 10814 10014 96*4 7>' 5s. 1952 J/N con 1967 J 9% Jan 21*2 Sept 5,200 143 '143 551/ 44J/ 90 X uib A Nor 1st con gu 4s.1942 MN 16% y: Dec 116*2 Jau Dec 24 24*4Sept 16 14*4 Nov 18 187g Dec 31 *; 27*28ept 15 45*8 Jan 9 19*8 Doc 29 7*8 Jan 23 37g Dec 10 39 * Jan 18 31*8 Nov 6 '6H4 Dec 24 1 90*2" Jan 3 f 98 Jan 2 '64*2 Nov 27 Link Belt Co——. -No par 3 11*8 Dec 10 174 May 3% May 1178 . 1 a:19 Lima Locomotive Wks.No par — Aug 27*4 July 22 2% Feb 14 Lehman Corp (The) Series B 14 *2 Sept 15 13 i2 Feb 13 preferred Libbey Owe Jan 4 '* 1478 18 2% "4614 "53%; 53 Ji 95 96 J A Apr 23*4 18*8 1515 .78 75 52 1969 F Jan 31% 22*2 ' 20 ?4 1414 Feb ! 4 May May *14*2 18*4 67 76 1960 M S 1 1943 J Jan Ma* *10 3% 18*8 229 f'2 61 1st mtge gu 3*^8 ser E Dec 147« 3*2 24 21 " 22)/ 1214 76 D Clearfield A Mali 1st gu 5s ■ -15% Nov 10*4 41*2 3*2/ 3*2 1415 11?/ 13?/ Apr 23*8 41*2 233 1814 2 49 "",3 1114 .12 {♦Consol Ry non-conv deb 4s 40*4 3*4 3*4 3*4 3*4 17*2 17*2 *1714 13 14*8 11*8 H% 141*4 111*4 *141*8 141*4 *17 17*2 17*2 17*2 70*2 70*2 70*2 71*2 215 383/ 47 1st mtge 3^s Jan 143.i 400 15**4 1 18'/ 11 H 47 1943 A Ci^lnnatl Gas A Dec 23 *10 11 2014 21 14 ^ 64 ref M 4J%s scries D—1902 M 15*2 22*2 Aug 23*2 May 5 45*2 July 15 14*8 Dec 29 19*i Aor 12 107*2 Dec 12 1*4 Jan Lily Tulip Cup Corp—-No par *33 27*4 7 No par Preferred- ——i.—* 28% 33*2 28*8 *33 ,ee *20% 20 22*8 No par —No par Rubber & Tire— f 17*4 Sept 5*4 Feb 14 Jan 2 10% Dec 29 17*4 ..100 10% 20*2 12*4 20*2 22% — — 1% 11 '8 21*4 5% preferred... Lambert Co (The) '.ehigh Portland Cement—.25 4% conv oreferred -100 {Lehigh Valley RR .50 1 • 30 C 21 Ji 20'4 87 363 46 X I) 1st 5s. 1960 J Series C 3^s guar Laclede Gas Lt Co St Louis 100 2,100 3*8 20?/ 2 I) 48......1951 J g 53.v_.Dec guar 101*2 15*2 24% Ma' 278 Feb 15 10 No par 87% jun 14*8 July 30 1% Dec 13 No par Kresge (8 S) Co.. Kresge I9ept Stores Kress (S H) & Co.... Mar 26 393.1 July 22 23*4 Feb 15 21 Dec 29 1 Co.— $5 prior preferred.. 3*2 I'* 3*2 10 90C 103/ 20 12I4' 1960 J/N —— {♦Choctaw Ok A Gulf " Dec 18 25 Lane Bryant 112*4 113 3*8 1 r, i",66c 10 18 112 Y *17*4 220 10*2 35*2 10*2 *39 73 73 73*2 73*2 72 72 *71*2 *71*2 73 71*2 71*2 73 73 73 72*2 73*2 73*4 72*2 72*4 72*4 71*4 72 177 1791? *175 *175 177 179i2 *175 *175 177 *175 179*2 13% *18 19*8 *13 19*8 *19 19*8 *18 19*8 *18 19% *33 ♦1318 *14% 20 33 *32 *9 13*4 2:17*4 13'., ♦23. *23 23*4 23*4 '111*4 117 *111*4 117 3*4 3*4 3*4 3*4 1 1 1*8 Ii8 10 10*8 10*4 10*2 *19 21<g 12*8 11 35*2 12*2 19 *1'2% 20 11 *30*8 1714 *18 29 — *30 1534 Cleve Cin Chic A St Louis Ry Kendall Co $5 pt pf 37 37 20H Apr ? 20*4 Nov 12 Jan 27 121*2 Apr 18 Dec 10 Keystone Steel <fc W Co .No par No par Kimberly-Clark 29 *2*8 37 9 9*4 Dec 19 500 13*4 *28 95 19,300 110*2 *13 29 37 1,600 Kelsey Hayes Wh'l conv cl A. 1 Class B— —-1 367" 37 13 *28 458 4*2 36*4 13 uioo 104*4 MarlO 6*8 Dec 23 Kayser (J) A Co—— — -----5 Keith-Albee-Orpheum pf.'.lOO IIJs *11*4 J10 *2 *105 36*8 400 100 3ft 21% 11 45 J Ohilds Co deb 5s Apr Mar 7% .. Ma It •14*4 Aug 13 23 16 121 978 Jun 117% Ma 3% Ma u 13*2 Dec 29 preferred -.1.00 Dept Stores.....1 5% conv preferred......100 191/ 1014 129J Chicago Union Station— 121*2 Mar 12 4% Dec 30 City P & L pf ser B No par 2ll6*2June 12 4 2 Dc 30 Southern.No par Kansas City 4% 162 1714 15 5 j m 46 J 1988.7 2 17 34 ;-15 Y: D I) 86*8 July 31 1st Kaufmann -'Too 10? *96 1178 4*4 2*8 26*4 800 2914 26 New Orleans 5s.. 1951 .7 Memphis Div 1st Chic A Kalamazoo Stove & Furn... 10 200 19 10*2 *96 37 22*2 3,600 27 H 291/ 25 4S..1988 ./ gen Chic T-H A So'eistern " 37*4 13*8 *3*8 26*4 28>s 10 4 109*2 109*2 "100*2 102 *7 7*4 7*4 v 7*4 478 29 6 118 4 4*8 *10 12 iid 6 118 6*s 119 *118 >*4 *10 11*4 100*2 100*2 7 4*8 *16*8 *10 11*4 100*2 103 7 *11% - 18 19 *10 6 *118 *118 4 *10012 102 6 57g 5% *118 ... „ 29 16 2414 Gold3K8.:.—1951 / X> Jan Jan 1st A 4 15 26 1st mtge 3>%s series F—... 1963 j 6 196 Mar K *118 26 34 253* 4s registered. Jan 48 25 24 H 26 H — {♦Chic R I & Pac Ry Dec 130 52 -.44 Feb 11 31/ 26 % ♦Conv4^s series A ...1949 MN {§♦Chicago Railways 1st 5s stpd Aug 1940 25% part pd—1927 F A 27*2 July 31 16*4 Dec 10 Jones A Laughlln Steel.No par 12 5,4 1 M N 5♦Secured 6Hs.. s 6,600 4?/ m N May 1 2037 J ♦1st & ref 4Hs stpd May 1 2037 J ♦1st & ref 4^8 C-May 1'2037 j Ch St L & Dec 29i 1III4 Dec 2 4978 Dec 26 ^FgSept 18 107 1070 12 214 1131 M N ♦1st & ret g 5s... Dec Ma 9 7 4215 ....1987 MN ♦4J$sstampcd . Nov 34*4 Ma Jan lfi 42 42 3015 14 ♦Certificates of deposit No par Co Jewel Tea Co Inc 40 92 • ....1987 MN 4s ctfs registered1988 1934 4 O {♦Secured 4^3 series A—..1952 M S *6% 41% 1414 {♦Refunding gold 4s 25l2 ■ 97 23 H 25 "2614 1987 MN 30 May 121/ 30%' 30 ■/ 1987 MN 4s registered.... Apr 6% 36% Jun 291/ 28% 431 43 kt 109 20% May 5 8 65 43}4 Jau 56*4 39% May 43 J 1989 JT 1989 J C.M^y 1 ♦,Gen 4^s series E.May 1 ♦Gen 4^8 series F.May 1 Jan 73 13i2 Maj 97i2 Jan *6214 J 39 21*4 May Maj 49 101 3 J ser 41*4, Jan 133 J nil' 6s ♦Gen 414s series Dec 7 38% Y gen 9« A—.1966 M N series 4(>r 44 May ; May 20 95 37 •r •v2678 25*4 Feb 15 7% preferred--..--....100 Oct 24 juni 5s gen {Chic Milwaukee & St Paul♦Gen 4s series A May 1 1989 J ♦Gen g 3)^s ser B.May 1 1989 J 2% Dec May 109 20 9 1 3414 30 H Jan 141« 18ig May 3i2 Ma* 10% jun< 31*8 Sept II 1078 Feb 19 15 5% conv preferred—...100 Inter Rys of Cent Am..No par Deo 31 4 Dec • 3714 34 *23 >4 Deo 5*8 1% Deo 1*4 Ma* '•:• 51 1*4 Dec 24 23 120 i Dec 19 30*8 Apr 23 I Mining Corp Preferred 1478 59*8 1 2*8 Jan 10 13% Nov 10 ? 6*8 A or 21 Int Nickel of Canada..No par 131 .... *8% *30 *131*2 *4 Dec 16 Sys class A.25 *30*4 31 37*8 37*8 *97*2 102 2*8 2*4 97 w *94*2 "**<1 Int Hydro-Elec 211/ 20 *26s4 J 191% Mar 62*4 Jan 6 25 J B._May-1966 I Chic Ind & Sou 50-year 43—1956 J Mir 136 Jan 4014 401/ .7 5*8 N »v 12% Jau 170 June 10 3814 72 3034 j 06 Apr 167*2 Jan 10 i. 57 July 22 1 6 3- ♦1st & ♦1st <fc 47% Mar Ri2 Ma* 2 38*4 .1 s 7*2 Nov 113 2*4 Julj Dec 13 > 11*4 Jan 42*4 Dec 10 150 21*4 AUB 113*4 Jan 28 5 171 1 :Y 38J4 60 ♦Refunding g 5s series B—..1947 ♦Refunding 4s series C.....1947 Nov 7 *8 Sept 11 27 Sept 18 52 J Apr 1578 6 6514 J Jan Jan 7*2 Ma* 4% Jun< 10015 121M 1211/ 0434 {♦Chic Ind <fc L011I8V ref 6s..1947 Apr 29 118 6 26H 121 2038 ♦Gen Inc mtge 4^8.... Jan Ma> 90la Jan;. 9 2834 12114 J ser Nov 72 -16*8 May Jan iu Inspiration Cons Copper...20 10,700 *46*2 9*8 . *132 .... 6*2 Dec 6 111*2 Jan 2* 11*4 45*4 2*4 2*8 9*8 *878 9*2 *30 "31*2 30*2 *131*2 23s *94 . 29<s Jnfy Z8 85i2 Dec 12 ; *1*8 ' *97*2 102 *2*4 2*4 *93*4 *834 30*2 9*4 *30 313. 2*4 95 *8*4 9% ♦8U *30 *13112 46*8 45*4 *97*2 107 2*8 2*8 9*4 95 *9334 2*4 I 9*2 July 21 20*4M«y27 Dee 20 J r A. 1988 / - 5S 14*8 59*8 2*4 45*4 46*8 9 2 *2 *9 Feb 13 5 2*4 2 ...No par 1*4 15*4 59*4 *158 9 Rayon 4*4 Aug 5% May , 21*4 Jan 27 InversoU-Rand——j.-No par Int Mercantile Marine. No par 11 *127 60*4 2U 9 131 *127 131 15 17g 178 178 *2 Dec 30 a]3 >8 Dec 30 140 1,400 35*4 Chicago Gt West 1st 4s Int Business Machines.No par 17,100 30 Apr 1,100 2*4 5934 35*4 43% 6 2778 15*8 30 June par *1% *97*2 102 2 2*4 31 Interlake Iron 27*8 517g 29*8 2878 3934 *33*4 *97*2 107 45%May 22 15,200 50 47*2 0 3*8 Feb 2734 1478 47*2 Dec 29 1982 M N Chicago & Erie 1st gold 5s 31 107' July 48*8 278 51*4 4512 4678 Jan No par .,'.—100 *258 *127 24*8 Intercont'l Rubber..:..No par 2758 15 4678 47i2 *283s 131 May Refining.—.—Y,——10 Industrial 30 48*8 2*4 27*4 Jan 12 18,100 2% 2734 2*4 27*2 59*2 45 . °16 1»4 2 45 """lOQ 11*2 143s 178 *158 44 34 4978 13*8 1 Aug Insuranshares Ctfs Inc—.....1 24,900 11*4 134 2*9 *127 2,400 1134 1*4 4818 27*4 131 _• *8 34 58 78 14% 5914 1438 5378 *49 27 Indian go 11*4 1*4 *46*2 1*4 4 24 ' **16 11*4 11*2 1*4 500 200 <> 155*4 156 73*4 73% 160 ' 1 **8 10*4 Aug t 11*4 Dec RR Sec ctfs series A... 1000 Indianapolis P & L Co-No par 1,400 99 *96; 100 *Gen mtge inc (conv)...-...1997 J t 9 2 210 1,000 3*4 1578 7 - 4*4 Dec 10 6% preferred series A—;.100 Leased lines 4%........100 410 15*8 7 100 Illinois Central RR Co 2,300 ' 12% 6% 12 12% 10*2 "11% 7% 387s 3U ' 25*4 25*4 100 74 72% ■ 46i2 159 46 159 *1578 •'>> " 10 3% ■ 7% *2178 >108*12 10712 9% 7ig 3% 16 67s *6*4 678 *5t4 *8% 23*2 *21% 23% *21% 109*4 109*4 *109% 110 *109% 9 934 984 '10*8 734 7% 7% 7% 7*8 7*2 144 145*4 *140 143i2 *140 46 46*2 46% 47% 4734 158% 158*4 158*4 *156% 158i.i - 22l2 22i2 37% j 3>2 71h 71*4 1014 71% 7% 17% ;; 18 17*2 7*4 3*4 16 734 1712 3812 734 17 37*4 7% 71s 1712 31 16 15?/. 28 26 H 27?/ 8. 1435 20?/ Volume; 155 Number 4035 - THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD Friday r-y BONDS ' Last . Sale Week Ended Jan, 16 Price Railroad & Indus. Cos. ♦Cuba RR 1st 5s (Cont.) ; Range or^ Friday's Bid & "ft-.LOW / — Asked Jan. .r_—1952 *TMa series A extended T 16 exte ided B 12 Jan. ' Jan. 1 4>% 45% 41'2 1% *16% ♦90 0urtls Publishing Co 3s deb- . -1955 ■ — 4s—1943 1971 Del Power & Eight; 1st 4^8 1969 — 1st mortgage 4 ^s— u .. - f § ♦Den & It C 1st co is g 48 i♦Consul gold 4 JUS. . - r .1969 1936 —. : . - 106 .56 H 107 107 45 Ho 45% 809 1% 530 MivtagC)..—. 17u 17% *15% 17% 2 19 93- *90 93 *89% 93" 19 10% 13% 1,090 7 32% ■■ >; *16% 17 i i *6%-'.; 6% *70: -1936 107 , *63 •70 72 . ♦63' ':5% " *69 McGraw-Hill Pub Co j. No " 6% *25%. 25 >11%- in, ' ♦110% 115 1 26% j. 11% 99% 37% 10t% 2% 65 11% 14 Fab I'd 37 13 it 83 31 Jan 52 par D33 1 0 9% Feb 3 13% Deo 9 % Ost31 1 Jan 112 Mar'27 115 Mar . 21% Dec 23 5b Da? 10 9% Dao 30 18 %May 6 1% Dee 18 46 Mumhy Co(G C)...—No "«» 5% preferred. .106 Mil'ray Corp of America.. 10 Myers (F E) & Bro....No pat N Aw 11% May 23% May 9 103 2"% May ■ 45 Dec Dec 54 Apr 7% Ma- Jum 110 2% May Jan 4% Apr 64% Mai Dec 11% Nov »!» I)W 1% D»i« Apr 17% May 124% May 26 Feb *38% 12% 1 33% Mai 95 Jan 26 May 6% Mav 1% 9% May Jan 4% 19% Dei Jan Jan *79 N01 119 May 110 May 119 July 113% May 122 4 39% Jan 8 43% Jan 23 Oct "3?% Jan 45 30% Feb 16 Apr 12 18% 26% May 16 May 2% May 20 56 Feb 1 Ma 97% Mb : Feb Apr Jan 5% Nov 56% Nov 15% Mar Ma< 8% Mo 741J Sept 24 Dec 39 56 * 2HaJune 8% May 5 6 July 21 112 May 33% May 15% Nov 27 Dee 10 34 10 May 6% 24 Jan 14 74 17 >v 4 82 to34% Mar 11% Mai 17% Jan 4 24% Daa 29 , 4% July 21 Fab 19 109 Fni 2% Mai 2 30% Aug 12 Jan 9%May 2 6l%A)rl7 No pa* Dec 14.i* Mav 85 May H3% Oat ....50 is Mfg Co diss B 1 57 preferred.—.....No pat 04 123 fi 1087SIuue 6 2.4% Deo 29 35% Dac 12 M ill) 9% 198% 53% Pel 24% Mai 91 Sept 20 118%Sept 24 Any 19 Fab 14 ..No I'ai Mai Mai 15% Oat 2 .1 July 16 3% Aug 2 17% Auur 4 105% Dec 26 1% Dec 9 77 Mu isi \gwear [no 83 • Mar 4 Ma 11% D«o 8% Nov 41 8% Jin 11 51% Jan 27 Juu 63 Apr 19 Apr — - Nabco Llriuldating Co. No 800 3 Naihv Chatt A St Louis...1U0 110 141.1 Nitlo'Jal Acme Co 1.600 3 )0 N it ha si Biscuit Co > 7% preferred.. 4,3)0 100 —.It) -.100 N it Band A Share Corp No National Can Cirp.— Nit Gash Register...,Aro ...... Nat Distillers Prod No Nat E lam A St unplug.No 4.913 500 NatGvpsuin Co 3,503 $4.50 120 --.•-20 331, 300 50% 3,601 6 18% 2,103 1,000 50% *5% ; 901 ; 3 2% 15% 59% 67% 57% 67% *>U 6% *11% 300 400 70 *8% *6% 9 6% ^ 9 6% 8% *6% 12% *11% *71 75 *72 75 *71 *32 * '35 *32 35 35 12% *11% •105G 103' *'27% 10% 1949 • 15 5% lstcoiisg4Hs— —1999 Hoe (R) Co 1st mtge —. — 1944 f §*HouhatOi lc Ry co.is g 5s_ ..1937 Hudson A Mauhat 1st 5s A Dee 23 Feb 19 36 24 4,40) 7,800 New York D >ck._ 6 Juu 14% Ma Due Jan 5 Dec 1/23% I )e 5% Ma 48 Mai 68 Sept 8 26% Ma' 48 Feb 14 75% Sept 8 34 Aui 49% Nov 3% Jai 7% May 8% <»et 10% Apr 10% June 9 Nov 10 5 Feb (> 11% Oct Dee 30 8 2 9% Apr 18 17 July 21 14 72 45 Jan 91 53% 23% N01 105% Nov 600 80 sterling ... Collateral trust gold 4s... 1st gold 3s 20% May 3% Mai Ap 42% Dec 12 60 Aug 5 ®i6 O;t30 111 Feb 6 % Jan 10 .45 Jun J to 6 Bi8 Jan 3 %s O it 29 23% Die 10 1 ) Dec 30 35 179% Dee 23 215 109 Feb 2d 10 9% Dec 18 P'etened lerlcs......50 5,% preferred leries. 50 50<2 A ir29 irJ0% Dec 9 Nirth American Avlatlon.-.l 10%-DeclO 93 4% May Jay * hi 700 Refunding 4s_... Purchased 11.u* 3J^s. 50 Jan 18% Jan Jan -Jan 33% Mar 8% Apr 12% Apr 115% Mar 117% Aug (X" 13% Jai 20 175 May 105 May 417 Doc 14% May 23 lap 47% Ma 59 Jan 47% Ma: 68 Jau 15 26% 97% 9% Dec 17% Jan 10 58% Jail 6 57% Jan 20 17% Jan 10 98 Sept2'J Ma Ma 81% Juu 4% Ma May 3 40% Nov 19 "'27 "May 21 s4 L)e.i 27 Dec 31 2% Jan 11 27% July 30 13% Feb 7 2% May 23% An 7%Dee?3 Jan 8 Jin 15 oar Juu Jan J in 25 6 32% Jan 11)% Q :t 34 7UJuue •'(, % 2 31% Doc 35% A p' 22ti% May Sept 18 107 9 l)ec27 3% Dee 58% Nov l>e. Northwest Air Li ies ...No par Northvestera Telegraph...50 ' Preferred... 50 Norwlcu Poarmacal Co..2.50 27% Doc 110% Doc Dei % hi 8', Aug 1 113% Nov 6 U Oet 21 NurwalkTlre A Rubber No Feb 39 " Jun Dec 14% 15 May Apr Apr 1 30% 21% Mai , 19 110 3')% May 9% May 8% May 6 Apr 25% Mar July May Jum 20% July fl'8 May 8 7 Nov 8% 36 Jan 17 31% Jan 11% Aug May 9% Jau 14% May 100 79% De? 6 45% Jan 16 110 Ma Nor ItateaPow $5 p'ef.Nc h.ar 1st gold 3^8 Extended 1st gold 3 Ms— Jan F ib 19 104 100 Jan 73% Fib 10 4% May 110 Njrtncrn Pacific Ry 8% 6 7% July 31 16% Nov 10 Nurtbern.Ce ltral Ry Co...50 13,00) 38% Sept ■ — 4s registered... Apr 27 13% Ma July U 7 A 22% Deo Jin Nortu American Co—. Jan Jan 153% Feb '24 Nublltt-Sparks Indus Inc....5 Norfolk A We item Ry.... 100 Adjust 4% Preferred....100 12% 96 176 112 I Oct Mu 115 199 4,30) 5% Ma June 18 NY llnpbldgCjrp partstk—I 700 J an 110 3,100 50) Apr 15% 196% Dec23 ' IN Y N H A Hartford 100 Cony preferred 100 +N Y Ontario A Wes era..100 18,0)0 7% 26% 5) N Y Lack A West Ry Cn.. 100 2) Jun 63 68% Jan 9 Dee 10% Dee 10 25 Feb 14 • 101 11 De. Jifc Jap 114 Sept "39" Ne* 5% Jau 42% Jan 16% May —. — 40-year A'%,a Cairo Bridge gold 4's Ohio Oil Co— No par 6^4 Fib 19 Oliver Farm E iuip. —-No par — ., 13% Fiot9 1 Eoulsv Dlv A Term g3%a. 3s_. D 1.110 8% p:efer.ed A————100 51 Dpj3) ,v0% preferred — Gold 3^s 3M registered....... *45% ♦115% li 48% $5,5.0. For footnotes cppv 1st pref—Yo par 56 . 21% Outboard Marine & Mfg.,—5 55 Outlet Co——————Yo oar *115%.— 48% "47S4 48% Preferred.:——100 Oweia-illlnois Glass Co. 12.50 .... 291 .100 Otis Steel Co ———.Yo Par | *52% *19% For footnotes see page 2 Oppeiheim Colli is—.-No i-ar Otis Elevator.... No 'tar Omaha Dlv 1st gold 3s..., St Louis Dlv A Term g 6 Ondbus Cjrp (Tuc).. Litchfield Dlv lstgolcl3s.. see page 290, 2% F5324 9% D)C 10 140 June 4 384 Dec 9 40% Air 16 16 Juie 4 10 July 24 23%July 11 10 Jan 11 150 10% Jan 10 61)% Aug27 26% J in 6 56 120 1 7 6%Sept 17 1734 Jin 8 Mir 26 33%May Jua-'G 101% Jan 45% Dee 31 120 ir Apr 7% Nov 7% Jun 17 50 iiju-cum pref— 40 400 5% Ma Jan M l«% Ma 41.1 May lu 8 A ir le N Y A H trlcir. RR Co 10% 13% 3 Jan Jun D3e 10 10% Dec 10 s Ma 0 11% Jun 1 7% Mar 20 60% July 25 22 8 16% No par No par 5% preferred 100 20% 132 Dec 18 31 % Dec 7 Or Mn *160 15% Jan 10 13% Aug 2 47% Aug 2 241., Jan 6 8 Sept 8 ,li O :t 3 l 90) Jan Dec '* Dee 10 33,70) Apr 170 15% i: Jan 27% Jan 2 116 July 28 par — . Jun Sept Jan I' 19% Dec 10 106% Mar 8 26 Dee 9 SG conv preferred....No N Y Air Brake. ——No/iar New Yortt Central..:.No oar N Y Chic A St Louis C1---100 6% preferred series A—.100 NYCO nnibiisCirp..Aro par *70) Illinois Central RR— 19%Sept |)e "9% 1 176 154; Dec 105 16% 24% Jun 155 25%,Sept IF 20% Sept I 8% J in 1 93% Jan h N'part News Ship A Dr Dick 1 200 E400 Febl957 n 10%Sept Feb 10 9 16% 1 Nev 13 8% Dee 10 0.2 Dee 10 par 2,200 .... Hudson Co Gus 1st g 5s.'. par Sept 7% 22% Jau 23% I Fee 8% Sept 7%Jnn . 11 .Jan I Li%Sspt2' 8 Jim Ja fi'H Jul ' : 22% A ir '28 5% Apr 23 1,00) I ^iao-i 1962 .1949 1957 414*debs... 2 DejlO Dec 30 3% Ma f ! 1,800 *1434 Hocking Vul Hudson Coal 1st s f 5s ser A *5 .3% De? 19 58% Dec 20 .......1 preferred.No par 13% Newmont Mi il lg Cirp....10 Newport Industries.... —... 1 2,70) 15% *15 15b *107% 110 *107% 110 #H)7%*110 *10719217% *107% 117% *107% 117% *14 ^♦Harpen Mining16s *4% 5% -♦4% Dec 17 I F 9,300 24%l 2 4 24 23% 2378 24% #100% 110% *109% 110% zl08% 103% 30% 31 3012 30% , 30% 30% i 9% 9% 9% 9% [9% 9% 16 16 16 16% '♦15% 16 > 44 r; 4310 44 44% 44 44% 14 ! 15'-' 15% 15% 14 14io Air 26 Nels.ier Bros Inc —-..1 4%% coavserialprer...100 New.ierry Co (J J) No par 5% pref series A... 100 40 *105% 108 *105% 103 23% 29U 291i 39% 28 10% 10% 10% 10% 11% 334 Dee 9 7% Feb 14 17 NehlCorp..........Nofpar 200 6 11 National Tea Co——No N it im is Co... No ...... 72% 35 7% Dee 29 12,sJu:ie i II 17% Jan 1' 9% A'ir '2) 14% July 31 Dae 21 Dec 29 par 300 8% 6% 12% conv | par 303 400 3 .*884 3 ,Tl() National Lead Co...U——10 12% —7«f-Drefcrred A: ——100 160% -6% oreferred B...——.100 138 N it Mall A St'l Cast Go No par 14% Nitioaal Oil Products C>...4 26 National Pow A Lt No par ,l:-i 2% 42 Nitl inal steel Corp 25 4 Natlp.ul Supnly (The) Pa.-lb S2 conv i>referreJ..._.._40 8% 41 5 M% nrlor oreferred... 100 43 6% prior preferred 100 7,303 —100- 331, lu pat 12% De 1 175% Jan i 12% Dec 18 par N itb ial Cyll uler Gas C >...1 Nit D dry Prod acts ...No par Nat Dept Stores....—No par 6% preferred —.——j.—10 600 . 3 9 2 8 Dec 29 5% Dec 31 6% Dec27 13% Dec 29 160% May 27 — 901 J va 19% Dec H 5'8 July 28 23% Sept 2.3% Jan 7% Jan 9 Jan It flept 131,, Jm Dec20 13% Dec .....1 Not Automotive Fibres Iuc—1 6% cmv preferred— ...1U Nit Avlitiin Cirn—...— ..5 4(0) *142%145% *16% 17- zl%D3c'22 par Nish-KUvLutor Corp......5 13,600 80) . A nr Apr 5 45% J in 10 112 Oit2 4% Jan Jl 79% July 28 Motor Products Corp..Aro pat 4,200 , 29 7% Mai 6 3<%a Jan 125 27 >v Motor Wheel Carp.........5 MHler Buss Co......' 1. 100 , Dec 29 9 1.601 Refunding 5s Doe 9% <47% Jim Jun< 90 l778July24 Dec 26 N Das Morris & Essex.. Clover RUotcldm) —1 deposit. coll trust 6s. Collateral trust gold 4s 5 fan Apr 111 "11 17% Ma» 26 Mar 16% 17% Mai Mm Jan 15 9% Jan 6 Mar 17 "ar Carp.............10 3,400 gold 4s 10 2 1 3 30% Apr Dac 27 4% Daa to pat 38 ♦Certificates of 1st 21% Feb 15 Mo ltg Wird & Co Tna.No pat Merrell (J) & Co No Rub 3s deb. Illinois Bell Telep 2 lis ser 101, Mai Any 22 3% Fab 15 Preferred series B Afo uat $4 preferred series C.No '.tat B,- -v-r-l»9o ♦AdJ income 5s 71 50 1st pref.-i. $4.50 oreferred • . I♦l'laCent A Pennlu5s. — -X Florida East 1st 4 Ma ♦ 1st A ref 5s series A ..... ♦Certificates of deposit. Houston OH 105 .5 33% 0% 6% Dao 29% Sept 29 ay Marmoto Chemical Go....10 ....1954 Francisco Sugar 4nr 93 n%juiy " 82 July 15 Dee 24 Mi-Kn-Texas RR- —No "m 7% oreferred series A 100 Mohawk Cirpet Mills.. —.20 33ib-^* •—19i 1 2-4s (Proof Nov 24 Mission 4Hs series A->20]5 *S Y & Erie RRext 1st 4h — 1 »47 &♦ Jan Feb 30% Mav 96% Juni 8% Sent 7 109% Jan 9 .1 $6.50preferred—....No 4% 8 series A.- --19a, tFonda Johns A conv 54 27%M —] , -I, deb 4s. 110 70% Mar 10' w.Yo par 00uv pref series B. .-.100 Minn M -IIue Power Imi. Gen mtge inc Firestone Tire A w 4% . Fairbanks Morse B Corp—2——*1 Mho-Honeywell Ragu.Yn 25 - Ohio Dlv 1st mtge ser Petroleum_.lo Ml 11 i'ul Steel Prod——Yo oat 8% own, 1st -aref..4....100 27% !*87% that, 4% 20 6 Mtfl-Conthe 31 •% +117% 120 Per 53% 2% Mnv 5 Merch & Mln Trans CqL Yo par Mesta Michiie Co..— ——6 Miimi Co oner— — j— —..5 *1161, 119 48—1948 Hit tiest *har* 1 15%Snpt 18 9 Dec 9) 103 101 % Air30 5 Dao 9 5% 2 21% 84 1st.5s. 1956 Ed El 111 (N Y) 1st 00.18 g 5S. -1995 Elec Auto-Lite 2 %s delas - - - -1050 Elgin Jollct «c East lly 3.%» 1 70 El Paso & R W 1st 5s:. ... — - -1 65 5s stain ped. <-— —1 Jl5a; IQjn 36% Mav ,37%Septl8 9 5% Dec 23 85.50 laref "2% 12% 84 Deo 18 1 Melville Shoe 7% *2% *62% CSa Dlv ^•Ernesto Breda 7s. St ares Co Maine) Co (The) 14% 99% 37%' i ■' m Me id Carp a:.—Yo par •56 referred series A.No Par 5% *109 % 2%' Jan 14%Mav 9% Dao 5%% preferred....—.-100 choll 72 *22 - per 16 Aui? 18 100%Nov 2!) 25% Jan II 9% July 18 9 26% Dac McKesson & Robblns Inc..18 2>% 25 4*12% IstconH M 4s aeries >6 par . ' D3B18 13% Dc? 29 Mclntyre Porcupine Ml ies—5 70 6% ' 1st cous M 8 13% Deo 107 103% Fob >0 6% oonvpreferred—....100 14% •; Deel'v No par 409 7% 5% *29 1937 Erie Railroad Co— 15% Dc? 31 conv 303 g *28% 27% M 35^8, —1965 Minn Nor I)lv ist 7% 32 *64.. Tunnel 4 Mis —1961 Dow Chemical deb 2 %s 1950 Dili Miss & Ir Range Ry 3 V$S- -1962 East Tenn Va & 6% $ *har* per 56%Sept-10 2% Jan 14 28 Apr 8 90 var 1 preferred—.—100 Mo Iraw Elec Co.— 1 903 5% Detroit Term & East Ry 17 30% • -1995 tS*Dul Sou Shore & Atl g 5s MoCall Carp..;. $ DacD 1 —-Yo var pref—U. Y-> *Har* net 40% Dae>3 MaOrory Stores Carp^.. 100 5% 5% 25 6% 6b 70 ♦Second gold Is--------1995 Duguesne Light 1st 339 111 29% ■30%:; 30% \ *7 107 6% 73b , S ——No par »referred $6 1st cam *105% 108 107 1970 Detroit & Mac 1st Hen e *7 32% 32% Gen & ref mtge 3 %s ser G—1966 - - - - 17 S3 Year Loioest Highest . J♦ Des M & Ft Dodge48ctfs... 1935 i*IX'H Plains Val 1st gu4Hk---1947 Detroit Edison 48 ser F. 1965 Gep & ref 3s ser H - ' Rant* for "runout EXCHANGE Lomst ♦1% *'6% 17% 7 ' Range for year 1111 On Basis of IOO-x'Vir« Lot* V- 10% 11 *106% 10'% 1314 } ♦Denv & R G W gen 5s... Aug 1955 x ^Assented (subj to plan) ^jf* ♦Ref & fmpt 5s ser B..Apr 1978 13 the Week a.-," ' Par M ly Demirtment Stores... .10 *105 103 Jan. .. ,5'ha™*" *: 10% 10% 10% lO'o *106% 103 ♦105% 107% ; *6% 6% i «% 7% 106^ 105 16% *6% 32% * ' 61H 106 % 14 STOCKS NEW YORK STOCK far Friday ' • 106% ».v„:c.v.;-v.ioi 12 ^ *6% *31% " Sales r——-— Thursday Jan. IB l $ ner shot* 4 »% ; Jan. ' *19 *9% 10*2 *9% 10% 13 n% i3;% 13% 131o *105 107% 107% ♦105% 111 *13 13% *107% HI *107% 109 : f 16% 16% 16% 16% « ' Dayton PAD 1st mtge 3s.-. —1970 Dayton Union Ry 3^8 ser B 1965 1st* ref •» 8 Art share ♦De noslt recel its Del & Hudson 1st & ref 13 ; "H ~ r:r Weiwt'i 1946 to •< /: ♦Deposit receipts*? ♦6s" series 'AN ft HIGH SALE PRICES h—ri Monday $ "«r share 1946 to ;■■■■) Saturday < ♦Do, posit receipts— ">■ NEW YORK STOCK RECORD Week's * -> N, Y. STOCK EXCHANGE - 287. 2 0;t 9 Mar'26 52% Dec 31 8% Jon 10% Ma 7% Ma 95 Ma 8% May 23% Apt 14% Mat 412 '2% Ma 5% 11% Jun 124%Juu 18% 7 150 Mat Ap Jan Dec May 12% 21 May 47 19 Juie 32% Apt 47 May 55 Jan 115% May 120 42 Juu. 64% Jan Nf» Jhi Jan THE COMMERCIAL & FINANCIAL CHRONICLE 288 Tuesday, January 20, 1942 NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday Sales LOW AND HIGH SALE PRICES STOCKS 1 for Monday Saturday -t BONDS Year 1940 N. Y. STOCK EXCHANGE Highest S per share Par V . t Lowest Shares share S per S per share $ per share I per share $ per share $ per share EXCHANGE Week 16 Jan. 15 Jan. Jan. 14 the Friday Thursday Wednesday 13 Jan. 12 Jan. 10 Jan. Tuesday Range for Preriovs Range for Year 1941 of l0o-8/iare Lots On Basis NEW YORK STOCK Week Ended Jan. 16 ... I per share 8 per share Porlngfleld Div 1st p g 734 *77s 6 534 53,i 47g 5% 5 ift 2012 20% 20 34 *18% 19 12 12»2 1058 20 11% 18% 1214 10% 77s 8 8 *7l2 858 *7i2 1934 197s .1934 30 f. 30% 303s 155s 1 f>58 20 3058 155« *15-88 10»4 8% 19% 30-34 1534 5»2 *45s 5% -5% 19«4 *1712 1934 19»4 10i2 IOI4 *7U 195s 30U 11 1078 778 1984 19% 197s 3034 3038 30% *1434 1514 I5I4 15% 1512 5% *16 , 734 *7«4 10% 712 8 19;% 19% 30 30 15'2 *15 9834 *147 8 98 99 98 9812 99; 98s4 9818 148'2 *147 14812 *147 14812 *147 148% 14812 *147 .No par No par 2d 580 400 preferred.... 10 Pacific Gas & Electric 25 Pacific Ltg Corp.. Pacific Mills 6% preferred..... 3 95 2 May 12% • Jan 8 33 8 34% ■ i 1941 126 Jan 27 115 May 139 Aug 15 144 June Jan 160 Mar - Deo No. Low High L *75 85 1951 F A 1951 *62 59% *50 65 75 75 56 65 55 60 321 36 61 450 33% 48 33 . .1963 D 46 % 46.'.,,:" .47% series C—1963 D 42 H 41% 43% Joint 1st ref 5s series A 1st & ref 4 1948 F A : f-Vi - 70, =, Ind III & Iowa 1st g4s........1950 Jan . 16% ', High Low J 1*Ilseder Steel Corp 6s.. Apr 50 Mav 163- 8 Range for Year . Asked tfe Ill Cent and Chic St L & N O— Jan Apr 14 May 8 684 .. 934 May 25% May 1934 Aug 40 Apr Jan Feb 2334 3% May 8 May 8 7 11% Jan 28 28% Jan 24 Dec 26 147% Apr 10% 4«i June 15% Nov 21 Feb 19 11 100 100 Pacific Telep & Teleg 734 Nov 25% Nov 17% Dec 18 26% Dec 29 No par ——No pat 10 May 12%Sept 15 4% Apr 17 6% Dec '27 " Pacific Finance Corp (Cal).lO 290 147 147 1st preferred.. 7% Apr 9 is4 Apr 23 10 200 1,100 4,000 1,900 98" 98 99 *961? - 30% Pacific Coast Co 910 53ft 19% Pacific Airier Fisheries Ino__.5 600 8% 8 8 8% 8% Bid Price I 3^s... 1951 J 4s registered 8i8 Friday's . Railroad & Indus. Cos. (Cont.) Illinois Central RR {Concluded)—v Western Lines 1st g 4s *7h Range or Sale Highest Lowest S per share , Week's Last £1 £ J 'tfInd & Louisville 1st gu 4s....1956 jnd Union Ry 3 Hs series B. .1986 J 71 22% M 8 8% *108% - . , 14 22% 66% 78 15% 28% 106% 108% 102% 107% 1 •: 105% "27 Insplratlon Cons Coppcr4s.... 1952 A O 100 H 99%'raoo.% ■9 Interlake Iron 100 99% -Inland Steel 1st mtge 3s ser F..1961 A 105 O - 98 101% ,/V 2U 2 2is Vg 214 5»< 2% 5U ♦514 ,2% 21a 2.3s 2i2 23s 2i2 15's 15% 83s 153s 1638 15 15 9 *858 858 1'8 1% *22l2 :' 2334 13 13 ; 15s *1»2 *17" '20 *17 20 *17 1 '2 1% 28U 28% 1534 1 1512 *% 15% h 1584 *7i« v 5514 74 238 *2 *23 105 *94 2734 15l2 *:% 18 .55 73 2658 1584 74 *2i8 - 238 ♦ 9% May 27 14% Dec Penn 1®4 800 Penn-Dixle 2 *1% 15U 158 41*2 41% *40 41 *39 41 14 *13 14 *13 14 10734 10734 *107 110 1»4 4134 14 *13 >102 110 *105 110 405 110 *106 110 225g lt2 158 225ft 223.1 *22 2234 *2112 2234 2284 *20% 2234 *4312 *114 46 *4334 4578 *2078 44% 22% *20% 444 44l2 44i2 45 45-34 *114 1% *1U *14 1% *1% 17'2 18 177s 1838 18' i 1% 1858 18% 18-3.1 18% 7 *67s 7 7 ;/ 7 *6-34 11 185s 7 22-38 22% 47% 47i2 47l2 4834 4834 50 49t4 501 27<2 28 29% 28% 291.1 29 29% 49i8 28% 4984 27U 28% 28 *2614 2734 2634 25% 534 *512 2934 57s 578 *512 25% 5% 5% 30 31 40 40 *38 6 5% 3234 40% *534 6% *40 H 41 80 *75% , 6'4 2958 2978 '{ 5 78 i *76 7334 ! 7334 71; *6»4 74 107 71? 3878 17 *4114 49 17 16% *100 32 32 i 5I4 5U *6012 *100 174 34l2 34% 34% 5% 5% 69 9 914 V 9t4 9 174 *160 60 32% *6612 68 68 *9'2 10 1U 5 ■; 6 <4 6778 6 31 9% .'9% II4 •*1334-14 ^,*1634 181j 478 5% *93.t *li4 -1384 1% 133.1 *1% *1634 18% *l63i 5is 107S 5 rr 5". 10-34 11 *734 7 8 13% 858 *8 85s 858 *25t2 28'2 *27 5U8 291.J 51% 11 >% 1161? 18 5% . 7% *734 s 5178 5178 *116'4 H6I2 14 7?8 10% 11 Philadelphia Co 6% pref ...50 $6 preferred........No par Philco Corp.........I......3 ruillp Morris & Co Ltd 10 Preferred 4% % series.j J-OO *75% 80 ""760 1,100 100 700 8% 30 40 41 403ft 41 11 ,400 *1% *41% 1634 49 2% 49 *1% *41% 17 *100 118 4 3% 34% 34% 69 6% 6 *63 9% 174 *1% 1334 5 29% 51 1% 69 9% 9% 174 *160 ' 734 ♦8 1% *1% 13% 1334 *100 3% 32% 32% ,600 ,000 ,400 6% 6% *62 ; 1,200 174 13% 5 1334-1334 17 .17 5% 5% 11 10% 7% 8-34 *10% 8% 8-84 29% 13% 13% 86% 86% £99% 160 300 600 784 *8 200 99% 7% i 13% 3,600 3,100 27 6% Dec 10 163 88 88 88 83% 10 10 10 10 9% 88% 10 *87% 10 Aug 19 5 Mar 334 Dec 4 9 Dec 10 45% Feb 14 111% *109 111% *109 . 4% Jan 13% >. Apr Int Rys Cent Amer 1st 5s B.j!.. .1972 11^ 24 May 12 12 108 10 104 Vs 104.% 105 9 87" 87 •>,-: 1 ♦83.J 9'4 fil4 9 "moo ; 10 . > r 14% Nov 97% May 11% l>ec a •68 May iei m «» *>* « * 7»4 3% May Aug }♦ K C Ft S & M Ry ref 49 27% May 2% May 4D4 2 83% 99% 45 234 30% 60 44% 47% 189 32% 53 ,1 10 % 1% 48%. 51% 18 95 40% 02% 58% 95; A 1 ",1 .1951 M S 51% , ,f *Ctfs ♦Ctfs g ♦84 51 >8 51 234 27g 5014 27« 51 61 *S8 *88 *88 278 51 . 2% 52% July i5 36 May 66 22 May 287* 1943 62 % 87% 44% 43 43% 43% 62% •69 60 16 Jan 30 3 3 3 3" *3 *46 47 *46 47 *46 warr 17 *1578 *88 47 Jan 8 " Oct 6 154 Feb 1 167 7% Jan 6 18% 111% 40% Plain..— J J . 1st & ret 6 >4s 80% v " 0 *160 Jr----- ♦105 .1954 J 47 700 11,900 52% 53 1,100 3 "l'ioo 5% 5% conv % 99 06% 96% 17 *16'4 16% """300 10<4 10'2 10l2 *10 10% 10% 11 10% 10% 11% 1,700 2514 25'1 *2434 25 25 25% 25 25 *25 2538 500 14 14% *2512 14% £13% 13% 13% 13% 1.600 26% *2 53s 2C>34 2 634 200 2134 26% 2134 13% *25% 13% 2634 21»4 21% 22 *20% 23 300 138 *1% 1% *138 1334 1334 *2438 25'2 1334 *25 26L *21 *21 2134 *2o7* *38 134 47 *38 47 *11% 13i8 ♦11U 13% *11% *65* , 2134 *1% 734 *65)) 734 *0% 1 *1012 - 95* 13 1»4 *114 40 13 *1038 958 1% *10% 934 9% *58 60 ♦58 *44 45 44 44 4 9% 60 4 *334 4i8 *57% 45 4% 18 40 13 7»4 9% 18's 97U *96% 98 85 *83 l.t 85 *57* *68 6 *119 118 ... 8's 84 412 26 *50'2 8'fi 84, ■4i2 *6.8. 8'2 8% 84 83 4''2 54 50'2 4% 26't 50i2 8'2 5 *h« *43s 2618 8'2 *9% 8U 83 26's *4% *44l2 6 *119 *68— .72... JD *8-3s *8'4 *17 6 121 1712 9-is 47 8'4 *8'i *U4 17% 9% *44'2 "2 *735 For footnotes see 8' 261i *50 6% 121 8% 84 4% 26% 52 8% 8% 8'2 *V\ 8% 5 *t'2 5 1 *17 17% 9% 9% 47 *44% I2 - page *;4 290, 85 6% 18% 98 85 6% 70 8% 84 4% '>6% *50 8% 8% 71 8% 84 474 26% 52 h 9% 18% *96% ,*67 *3% 84% 4% 26% *50 834 17% 9% 934 47 *'4 3jj 60 45 4% 18% 98 *35% 88 5% 6 120% 121% *8% 17% . 4% 8^8 *44% 93.1 47 13 9% 8% -5 13% 734 45 *4% 17% 40 • *58 4% 11984 1201- 72 1% *103ft 45 18% *96% 1734 97U ♦33% *o3i 9% 45 18% 1778 16% *6% *57% 3% 97U 13 *13 60 4% 1734 118 784 *10% 163,| 39 13% *6% 958 46 41 13'P 12% 60 97U *8314 86 *38 16% *4% 17% 934 *44% 69-34 8% 85 4% 26% 54 16% 1034 1% 13fl *38 40 14 conv "13% Dec 29 16 June 5 3% Dec 9 134July25 July 28 21 Jan 2 17 81 75% 81% 1960 80% 70 81 % 1942 80 73 80 Coll tr 6s series B *89 94 ext 5s. 1939 1942 5s extended at Oct 8% 1947 J 3% to Lake Sh & Mich Sou g May 178 3}^s... *58 434 Feb 14 5% Dec 10 13% Jan " D 87% 84 1997 J D 83 80 13% Jan 1734 *96% *85% 21% Dec 24 "4084 Jan 40 61%Sept 5% pf (3er of Feb 1 '29). 100 115 June 14 .... 92 103 ...100 Dec 24 106% Dec 29 100 117 Dec 24 114 Dec , — No par No par Purity Bakeries ■\ 1954 Dec 3 120 2 9 July 24 29% Jan ♦1st mtge Income reg Lehigh Coal & Nav s f 4 Hs A Cons sink fund 4 Hs ser C Lehigh & New E.ig RR 4s A. .1975 Lehigh & N Y 1st .1945 M S 7 8334 Feb 15 8% Dec 10 •=> 8% Apr 1 • 1st & ref > *50 8'4- 8% 47 *4% 17% 9'j *44% *% conv 1st pref..No par Radio -Keith-Orpheum conv preferred 1 . 100 : Raybestos Manhattan.No par .1 ........25 Rayonier Iuc_. $3 preferred Reading Company 50 4% 1st preferred..50 4% 2d preferred a —50 Real Silk Hosiery. Preferred .....5 100 ...... Rels (Robt) & Co 1st pref..100 47% Dec26 85 Dec 28 2 Dec 10 38% Mar 14 14% Dec 29 834 Dec 23 9 Dec 24 110 v 1107* May gu g 137 r Jan 126 145 4 May 114% 12 , 165 107% Dec 95% Aug 118 s Dec Oct 9 12% Oct 21 Remington-Rand.... ... 1 87 100 6% conv preferred ..100 6% conv prior pref ser A. 100 1,600 Revere Copper & Brass.....5 270 5S0 1,100 3,600 10 2,400 500 7% preferred 5 %f%-preferre J 100 100 Reynolds Metals Co..-No par 5H% co.iv preferred.... 100 Reynolds (R J) Tob elassB.10 Common 10 Richfield Oil Corp. No par 5 17% "155 9% 1,400 Rustless Iron & Steel Corp...l S2.50 3jj conv preferred.No par JRutland RIl 7% pref....100 4% Jan i . 40 79% 76% 08% 70 0 95% 95% 93 72,% 73% 36 95% -;;60% ♦98% ;19§4 FA 69% #09— -75-- 15% June s 80 72 *69 1954 .1964 F f 51 100 37% 73% 35 s 61 35% 67 32 64% .1974 F f 58 A 59 59 47 47 48% 61% 50 - 30% .... M N V'a .2003 4s registered 2003 ..2003 ....2003 4%s registered Leh Val Term Ry ext 5s 61 j/N ...1961 A .—..1951 F 5s debenture ; Feb 1952 s f deb 3%s 1946 a 51% 16| 86 43 >29% 31 % 236 29% 29% 29% 13 32% 32% 33 % 31% 35% 37 54 55 F 36% </ 105% 117% 105% 114% 121% o . 2 Des 30 102%s ...1949 M S ...1949 M S 4s stam ped ... 34 14% Dec 96 77 Dec 11 15% May 23 13% May 60 12% Jan 25 Dee 6 . June 13 6% May 8 Aug 6 May *37»4 June , Jan 14 May 1st & ref 4%s series C 82% 108% 76% 88 106%. 111 107 102% 97 2003 109% 1946 St Louis Div 2d gold 3s 1980 M S Mob & Montg 1st g 4 %s South Ry Joint moaon 4s 1945 M 1952 J ./ 1955 4/N 105 106 S Atl Knox & Cine Dlv 4s 103 >4 85% 103% 104% 1950 1960 Paducah & Mem Dlv 4s. *83"" 105% 92% 101 •87% 96% 92 '105% 103% Unif mtge 4s ser B ext ■f 96%- 09 98 84*^ x.2003 1st & ref 3%s series E 104 00 .2003 1st & ref 4s series D ( ^♦Lower Aust Hydro El 6%s_.1044 24% Nov 70% May May 82 • 82% 105% 162% 109% 103% 106% 88 84% ,.83 110% **88% 108% 112 83% 90 108% 111 88% 109 91% 100 109 i F A 105-% Sept Jan 3 97% M <• 7% May 1434 1J7 Jan June 8Q34Sept24 39 May _74% Dec 15% July 28 July 1 8% May 75% Mai 6% May 15% Feb 96% Apr 95 10% Jan Jan 6 7 7% Feb 14 52 Dec 44 May May 30% 66 Oct 12% Aug 26 6% May 9% Jan 27 484 May 8 14-34May 1 8% Dec 10 534 Jan 16 21 Nov 24 11% May 1434 Aug 22 4834 Jan 14 45% Aug 2 Manila Elec RR & Lt s : 3% Aug 12% Dec % Oct Dec D 80% 1) 1957 MN f 5s...1953 M a "49 80% 48% 80% 74% 82 51% 45% 49 50 28 53% 47% 87%. 88 M a alia ER (So u th LIhes) 4s—1959 AfN J§*Man G B & N W 1st 3%s._ 1941 Marlon Steam Shovels f 6s Stamped.. Apr 15 1 117* Nov Gen mtge Manatl Sugar 4s s f—.Feb 1 Nov 70 1945 J 4%s series A...-.I960 J Maine Central RR 4s ser A Deo Sept 24 49% Dec 30 Nov 18 69 60 53% Jan 13 42 80% 108% *106 ...2003 1st & ref 5s series B Jan 884 Nov 13% Feb 10% Jan 63% Deo 6 2234 Jan 34% 234 Dec 91H 99% 114% 122% 121% 128 122% Louisville & Nashville RR— Feb 101% Feb 10 97 Jan 13 22% Dec 23 6 82 1945 M S Mar May 11 Dec 24 J Uulf mtge 3 %s ser A ext 4% 55 50 129 A or 17- A..1969 j 114% - 334 Dec 26 9 6'd Dec 30 75% Dec 29 Jan May ser 97 96 122 103% 98% 99% 95% 91% 97 114 1966 M S Oct 23 1 184 May 7 67% Jan 23 61 Apr 7 27 17 Jan 13 10% Nov 19 Apr 9% May 1984 June 18% July 25 122 Lou & Jeff Bridge Co gu 4s 297* May 37% May 17% Apr May 97. 0 a 30% 93 95% 1951 F Louisville Gas & Elec 3%s 3% Deo 24 4 1949 M 8 105 6 1944 A 7s 106 102% 102'n 103 43% Dec 18% July 28 Apr 21 4% Dec 97 9 Aug 16 June ...... Lorillard (P) Co deb 6s debenture Xoulsiana & Ark 1st 5s 29% Aug 9% July 16 9% Apr 30 Apr ■i 120 1037% 107% 114% 123 121% 131 95 *95 Guar ref gold 4s... J 31% 105 *103 Apr " 2% Nov 334 Jan 2 55% Oct 1 21% July 25 Apr 22 7. 69 48% May 62% Jan 88 7% 4% May 48 101% O .1950 A 36% 33% 39 58% 111 18 u Dock Co 3%s ext to 34% 19% *100 a 63 16% 14% 20 122 101% A 50% : 17% 114% 112% 105% f ^Lombard Elec 7s Herles A. ..1952 j Feb 66 39 '*l,ong 15% 33 31 I^ex & East 1st 60-yr 5s gu 1965 a o Llbby McNeil & Libby 4s.— .1955 j J Liggett & Myers Tobacco 7s 1944 A O May *30% . .1974 58stamped modified =!- 62 A .1964 4 %s stamped modified t 32% Jan 11% May "89 9% Sept 4 6% Dec 10 22% Mar 12 -• 4 Reynolds Spring.......... Rlttjcr Dental Mfg....No par Roau Antelope Copper Ml.ies. Ruberoid Co (The) No par 47 25% 62% 73 09% Lion Oil Ref conv deb 4%s_, 123* July 16 2% Sept 17 53 Nov 18 16 Nov 28 Dec 22 Republic Steel Corp...No par 8?4 834 91% 72 J Lehigh Valley N Y 4%sext.. .1950 J Lehigh Valley RR— .2003 M N v 4s 8tamped modified ? 97% May 73% May 8 24 1 50 54 95 77% J .1944 f 58 stamped Jan June 84 3 19% Dec 29 17,700 27% C' 96 - 82% J Leh Val Harbor Term gu 5s.. .1954 Apr Oct 16% May ! 684 Dec 16 1st & ref Mar May 143 117% Oct 2 v June 158% Feb 11 27«4 Aug 12 18% 4% 82 87% .1965 A 4s 5s stamped 43% Apr 115% Jan 128 Apr 100 Jan 11 123% Jan 15 10% Dec 10 22% Dec 13 2% Dec 29 85 9 17% 934 S3.50 Preferred with warrants..25 69% --70 8% 1,700 .2634 2% Dec 29 Radio Corp of Amer...No par Rso Motors v t c new...... 1 *8% *4% 79 89% .1954 J 5s stamped 1st & ref ■ Rensselaer & Sara RR Co..100 85 : 89 50 .1954 J 5s stamped Feb May 28% Dec 9 9 .29% July 22 Feb 14 Mar 1,100 124% 89 Lautaro Nitrate Co Ltd— 4184 Nov ' Quaker State Oil Ref Corp. .10 6 6 123 99% 57% 49 40 Jan May 1% Mar 22% Feb 20% Dec 12% Jan 6% May -1284 Jan 8 July 434 Oct 1478 Jan 6% May H84 Jan 6% May 21 45% Nov May •63 June 7134 Apr 112% May 118% Jan 2 ""336 98 101 56% Jan Dec % 6 4% 46 - 92% 83 11 "15 6 9 6% Dec 7% Apr21 53% Dec 20 31 Dec 22 1,400 60 45% 4% 94 96 *95 J 1997 J 3^8 registered 67 151% July 8% Jan 10 13% Oct Dec 10 Reliance Mfg Co..........10 9% 4 Lehigh Valley Coal Co— 3 50 Reliable Stores Corp...No par 13 *9% 8% 5 360 734 *10% *67 200 90 1434 *6% 105% %' 98 1953 |*Lac1ede Gas Lt ref & 16% Apr 151% July Procter & Gamble.....No par 6% 25'1 16% 100 99 1942 Coll & ref 5Hs series C Coll & ret 5^8 series D Coll tr 6s series A Ma. •uMay 1st pref.. —....5 2d pref._: ..50 $5 preferred B......N0 l«ar 47 *25 17 104% 107% 100% Ref & ext mtge 5s 7 Mar 31 7 *101* *1578 7 106% 108% 106% 108% i*64" % May 5 July 15 £9-4 3 3' 86' 170 161 100% 83 " 92% • 81% 106% ; 104 .1959 M S ctfs 88 83; rr . •77% Feb 154 June 4% May Jan 15 ...100 6% preferred 5% conv preferred.. ...100 27(t *46 18% 109% 110% 30% 40% 12 106% j Co 1st mtge 3Hs..i'; .1961 M S t*Kreuger & Toll 5s 40% , 95 1961 j. ,1961 J Kings County El L & p 68.—. 1997 A 1954 J Kings Co Lighting 1st 5s. C 111% 10% 80 j 1961 J 16% May 9% Jan 10 65 164 Pure Oil (The)——. No par *88 *3% 3 *46 32 (par $925).. 1943 Stamped 16% Nov 13% Nov May 15 181 Dec 10 Pullman Inc.— 900 "3% 24 95% 49% 48% 56 % 69 64 75% 107% 110 32% Lake Erie & Western RR— 166 Mar 31 200 10 *88 - 3 47 *27g *46 29 85% Deo May 6% May 6 434 May 834 Jan 6 13,600 10 53 ,70,.. 7% Nov 46% Dec 978 Nov 3% May 164 "4" 800 10% 53 4 23 stmp (par $925)w'. 1943 M N w w 5 "4 ^8 unguaranteed 73% Dee Pub Ser El & Gas pf $5. No par 10% 521; 99% 88 120 108% W 108% Kentucky & Ind Term 4^8... .1961 j 5 109% 03t 734 Jan 46% Jan 84 6% May 7534 Dec 18 10 31 63 < i--v Kentucky Central gold 4s..._. ,1987 j i Apr 52 19 So preferred..—— No par 700 2% , . Feb 23% Jan 11 3 6% preferred 7% preferred.. 8% preferred 8934 3 •••••• 2 43% o 4s.. 1936 A. 0 w w stmp (par $645).. *ctfs with t- 27ft . Jan Jan R 234 * 95 92% 41% Deo 30 p 700 8934 9% 76% 92% ^Certificates of deposit Kan City Sou 1st gold 3s_._ 1950 AO v~ Ref & impt 5s. ---..Apr 1950 J Kansas City Term 1st 4s...... 1960 j; f Karstadt (Rudolph) Inc— - Apr 75% Jan 300 89 9 18 44 i Hopi>er8 43% Jan 11% Dec 10 88% *8% 8 20 51% 102% 105% 101% 105% K • Oct 16 Pub Serv Corp of N J.. No par 6,700 88% 9 • 18% 1% 4174 Long Island unified 4s 8*8 8 24% 104% • 19 % 8% 92 >4 Kanawha & Mich 1st gu g 4s.. 1990 a Loew's Inc 914 SO 22% Jones & Laughlln Steel 3>£s-. .1961 j ' *812 13 8 7 ;• 103% Little Miami geu 4s ser A.....1962 MJV v ' 22 H 1037-4 James Frankl & Clear 1st 4s. .1959 J D Apr 24% Dec 24 51 79 1H ./ ...... : 29%-;Apr 8% Nov 6% Dec .O'i May ^10% Feb 40% Jan 25% June 47 Jan 37%.May 87% Dec 76 -.June July 29 46% Dec ift ! 3% July 29 ;' v. 97% 103 A .1947 F 1st lien & ref 6>^s Int Telep & Teleg deb g 4J4s.. .1952 J .1955 F ; Debentures 5s... t4Iowa Cent Ry 1st & ref 4s % 11%:; 12 • 14 1 /If N j 4fl«4 Deo i 10 • 88 Dec 10 4% Dec 22 64 Dec 31 374 9 ;77 S Dec 18 IO934 Oct 9 2% Dec 29 Pressed Steel Car Co Inc.—.1 100 8-34 2734 *113 : 13 Postal Teleg Inc pref..No par 270 *85% 87 *993.i 101 J 13 IH , 14 'A' 122 122 122 121% 122 122 122% 122 116% *113 116% *113 116% *113 116% *113 116% *113 116% 25 251 24-84 25% 25% 25% 25% 25 25% 253ft 2478 25% 9 9 9 9% 8's 9% 9% 9-ft 9% 87s 934 9% 96 96 96 *95 98 96 96 96 *95 *95% *96 99 *109 434May Poor & Co class B.....N0 par *8 J 1956 ...... o 1956 13 J 1952 Kresge Foundation 3% notes.. .1950 M S Pond Credk Pocahontas No Par 1,400 *26% 51% 1334 Ply mouth Oil Co... ........6 r,7U0 5 103s 7-34 800 109 |i2% Janio ;89% Sept 17 No par 4% 10% 111% 109 109l2 109% *10812 1111? ■J 1211? 121% *=121% 123 Pittston Co (The) 13% "14" 17% *16% 99% 99 99 103 191 V July 21 110% Dec No par 7% pref class B..—....100 5% pref class A ....100 5}4% 1st ser conv prpf.100 Pittsburgh & West Va....l00 Pit Youngs Asht Ry 7% pf.100 270 DeclS Dec 2-2 Pitts Coke Alroi Cor p.No par Pitts Screw & Bolt v _ Mar 28 100 Pittsburgh ForgingsCo..—-1 Pitts Ft Way & Chic Ry Co 100 5%, May 16 _ 7% Jan 23 72 Pittsburgh Steel Co ...No par 85% 8684 *85 86% *85<4 *99 6% preferred...... 500 99% 102 .100 Nov ' 47% May 11% May w .35% Jan 47% July 14 £38% Feb 14 — * 105 25 Pittsburgh Coal of Pa 1952 100 . :May 10 i 7% Apr f Nov 43, May 2784 Oct - . 23 May 38 O Internat Hydro El deb 1944 AO Internat Paper 5s ser A & B._.. 1947 J J f Ref s f 6s series A......... .1955 M E Jan 25% Nov 1% June «%May 17 100 Plllsbury Flour Mills 290 8,5% 87i2 *85 69 r 7% preferred..........100 Phillips Petroleum....No par 7% preferred..........100 1,800 1% 1% 35% Dec 29 $5conv preferred....No par 69 938 9% *160 23% Dec 10 2 51% May 23 35% Feb 20 1% Dec 29 Pitts C C & St L RR Co.. .100 118 3% . ,, .43.4 Dec il - 15 .23 60%.July 10 Jan 21 5% Dec 29 v No par , 1,400 14 i- *98 21 , Aug 22 1947 deb 4s }*Int-Grt Nor 1st 6s ser A ♦Adjustment 6s ser A—July .5. :*lst 5s series B...... i'. *lHt g 5s series C_ Feb 16% "T5~"May _ conv 46% Deo A"-4* —■' ;ll%May Dec 26 t Dec 4 ; 1% May 11*4 May 0% June ; Sept 18 238 Aug 1 30% July 11 25 -i Dec 27 .-..-5 Phillips Jones Corp Phoenix Hosiery..Preferred 2% 17 28' *26% 5034 51% 51 51% 50% 5138 116% 116% *116i.i 116% *116% 116% *116% 116% *26% 17 No par ' 25% Apr 4% Dec 29 41. M""1 _ 54 " 17% *m 10% 8% 8% *27 14 1334 Phelps-Dodge Corp....... -25 300 133.4 133i ■ 1% 13% 10% 25,600 40 *17334 176 *17334 176% *173-3.1 176 5 5% 6% 5% 511 5% 5% *6 *6 6 6% 6% 6% 6I.1 60 60 *56 60 57% 58% 593.1 31 30 30 31% 31-8.1 30% 30% 67 67 68% 68-8.1 69% 67% 67% 10% 9% ■: 9% , 9% S; *9 *65% 6 :'8 5734 31% - 75 6 9% 30»4 ;40 75 6 *160 Pfelffer Brewing C,o...No par 9 % Dec 26 .18% June 1 17% Aug 20 112% Mar Dec 26 20 Petroleum Corp of Amer....6 300 —- *58% *3058 v 174 *173% Pet Milk Co.—. 600 70 *62 69 *61 *34 - 100 6 5% 8 17 4 3434 3% 26% 5% = 3% Jan 10% May 62% Jan 96% May 4% Jan Dec 71 5234 July 16 3634 Jan 5% prior preferred.....100 5% preferred ...100 : 1,300 8 *7% -50 *534 10% 118 *100 3334 5 ■V-f 5 *6 6% 573i *58% 3214 *3114 4'8 . : 118 78 17% Dec *25% 10% 10% 10% 73% 73% 73% 74 107 *105 107% *103 • 17 16% 3% *173 *172i2 r *41'4 16% 3«4 5% 40% 2% 49 *1% 49 334 *160 87? 878 118 538 *6012 69 *160 2% *1% 70 39-84 32 31% 1,220 Dec 26 10834 Dec 30 "l2",800 *64 7% *64 358 358 35s 2i2 *178 118, *100 38% .108 *7% 3934 *41% *16i2 74% *105 70 *64 10% 74% 10% 7% 7-88 70 38t4 *75% 74 107 7334 17 *178 *4114 3184 IOI4 5% :■<. 40% 78 3S78 212 49 38 % 32% *75% 108 *64 5% 42 *10% *7i8 70 *64 *584 103s 7334 *105 108 *105 *25% 578 6% 78 *7514 103s ,*10% 1038 ; ; 40 *39 2634 *26 1 100 Pennsylvania RR %May_ 43 3 Feb 2% Nov 44% Apr 23% Nov 2% Mar 5% June i 9 384 Aug 20 34% Apr 23 11% Dec 24 5% preferred.. e Jan 89% Sept Cement...No par 18 29% Dec 13% M»> 1 pref ser A ...No par Corp No ptir tPeoria & Eastern Ry Co..100 Pepst-Cola Co....-.-----—1 Pere Marquette Ry Co 100 49 28% 30% Jan 10 Nov 11% Deo 1% May 20-38 Jan 4 Dec 12 99 t. May 7 14% Dec 54% Sept Peoples Drug Stores Inc_,#._.-5 Peoples « L & C C (Chic) .100 900 Jan 1% Dec 19 """400 1% I8I.1 6% 46 6% *47% 6 23,300 223.4 634 27l2 '20 23 18'ft conv "2 73 No par Coal & Coke Corp....10 Penney (J C) Co $7 8 Dec 15 June 105% Deo 10% Deo Sept May 6% May 3 Apr 1 ; Jan 45% Apr 4% May Oct 30 43% Mar Penn G1 Sand *1% 6% *55s 99 64 18 % Dec 10 6% Apr 21 -No par Penlck & Ford 100 ♦20% *4434 6»2 *512 Patlno Mines & Enter prises. 10 !•,: 2% 158 ; *26 Parmelee Transports. .No par 600 2% 2.50 Parker Rust Proof Co 500 4,400 17-84 1 10 - Jan % May 9 24% Dec 29 14% Dec 30 No par 800 1 72% *13 1 % *®16 Parke Davis 3c Co 72 *4078 1»2 2,300 26% 16% 26% *15% 1484 Apr Park Utah Consol Mines.... 1 72l2 158 22% 32,200 178 72% 14 22 Park & Tilford Inc.........1 20 300 4134 22 6% 2d preferred..^...-.10 25% May 26%June Jan 11 8,700 43,400 13g 106 13 12% 4% Mar 6% *: 16% Dec 55% *13 • 115% Dec 1834 *2 Feb 1 *54 21* ♦2 10 8?* Nov 12 Jan 10 95% Feb 14 73 7234 99 1 Oct 5% 1% July 29 37% 9 May 31 7% Jan . 2% May u' 6 Jan 21 10 2% June .. 19% Dec 19% Dec 100 preferred.. 55% *4078 2134 conv ••• No par Paramount Pictures Inc 1858 14 215s 4% 15"400 14% 55% 42 218s Parafflne Cos Inc 1838 *13 1% Panhandle Prod & Ref——1 Apr 21 7% Jan 7 % Feb 15 Pan-Amer Petrol & Transp. 55% *41 1% 100 934 Aug 3% Jan 6% 1st preferred.——100 % % 300 4,400 10 Corp.5 Pan American Airways 19% 18'4 *54 2's 2i8 = 5,700 4% Jan 10 400 1534 1 Pacific Western Oil Cor p.. .10 Packard Motor Car..-.No par 105 14% 27 1558 1% Dec 29 414 Dec 30 1% Dec 29 10934110 1% 27% *3s 200 24 2 1»4 \i Pacific Tin Consol'd Corp...1 10,500 13ft 11.4 V *17 1512 55 73'2 858 24 20 £27% 1938 55% 16% 13% *17 10,100 -. 6 2-88 16">8 8-58 2% 1478 13% ,• *94 105 14% 2's 2 *538 110% 11034 20 2 2 28 155s 12 19*4 171o ,138 24 *17 2 6 2% 16% 9 l-38 24 ' *5% 2% 16% *858 *95 *54 197g >■ 1»4 H4 73 1878 55U 73U 9 , *858 20 15s 28'8 28 1C»4 15 15 1434 147s 11012 U012 *11012 112% 133s 13% 133s 13U 1338 13% 212 2 W *23 105 *95 113 *108 ; 6 16% 8»4 Hi ' - 178 2.3s : 2312 15 14s8 112 1»4 *858 U *5'2 *2278 23 105 *95 1412 14U 6 *5% 114 1 *2278 105 *95 *107 6 178 J J _81% 68 31 30% 31 44 12 70 25 36% 1947 .4 O ♦95% 99% 88% AO *95% 97 86 98 Q A *61 % 8.» 67% 85 76% 64% 79% ......... {♦Market St Ry 7s ser A..Apr 1940 (Stamped mod) ext 5s. 1945 72 Q A 98% 9% Nov 7% 12 Jan Feb 22% Apr 15% Nov 48% Nov McCrory Stores deb 3% McKesson & Robbius 3%s" 1955 A O 1956 J J 4%s.—.1955 Metrdp Ed 1st 4%s series D 1968 Metrop Wat Sew D 5%s..._1950 J5*Met W Sidd El (Chic) 4s... 1938 Mead Corp 1st mtge For footnotes see page 29.. 105% 105% 105% 105 104% 105 102% 105 106% 110 106% 105% 107% 111 111 109% 112% M 8 M S A O F A *55 5% 105 54 ~~5% 3 105% 80 6% Number 4035 Volume 155 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD Friday BONDS Price Sale NEW YORK STOCK RECORD Week's Last n. y. Stock exchange ; « Week Ended Jan. 16 289 ' Range or. Friday's Bid (ft LOW AND HIGH Jan. Railroad & Indus. Cos. (Cont) sf 78—1956 f*Mtog Mill Macli 1st Morid/u/ Saturday 10 Jan. 12 * Jan. 15 Jan. 14 Jan. Range for Previous Ysar 1940 EXCHANGE Friday Thursday Lowest 16 $ per share Michigan Central— Range for Year 1941 On Basts of 100-share Lois SALE PRICES Wednesday' Tuesdai Jan. 13 STOCKS NEW YORK STOCK .Range, Jar Year 1941 Asfceo Lovtst Highest $ per Shares Highest I share $ per share Jack Lans & Sag 3Ks——1051 1st gold 3V$s— 1952 Ref & impt4)$8 series C 1979 *2 36*4 { §4M StP ASS M con g 4s int gu '38 §♦ 1st Cons 5s. 1938 •107 .......... ♦25-year 5 Kb - -1938 1946 1949 ♦1st A ref 5Ks series B.....1978 {♦Mo-111 RR 1st 5s series A... 1959 Mo Kan A Texlst goid 48.j..'.1990 Missouri-Kansas-Texas RR— 107 107 $4.50 preferred..... -No par $4 preferred........No par 107 {Seaboard Air Line 4-2% preferred 684 58*4 7 8% 5734 5 6 325s -. *3*2 13% ... *1 - .... *25*2 " ♦Certificates of deposit *109 L.......1981 134 20*2 11*2 12% 17% 1st mtge 4 J4s I960 6 debentures 1965 33*2 45>2 1% *2l2 Montana Power 1st A ref 311s.1966 {♦Montreal Tram 1st A ref 5s. 1941 Gen A ref 1955 f 5s series A f 5sseries B....1955 s ! 16*8 ' • ; 24*2 1955 *57% Cornstr M 4 Ks series B 1956 4 *19*2 30*8 *31% 43% 1947 Mutual Fuel Gas 1st gu 5s 48 Nash Cbatt A St L 4s ser A—1978 Nat Dairy Prod 3tfs debs 1960 Nat Distillers Prod 3Hs—1949 1965 National Steel let mtge 3s Natl Supply 3Hb {♦Naugatuck RR 1st g ..1954 4s..—.1954 Newark Consol Gas cons 5s—1948 {♦New England RR guar 5s... 1945 ♦Consol guar 4s 1945 Tel 5s A.—.1952 1st gs 4 )4s series B 1961 N J Junction RR guar 1st 4s...1986 N J Pow A Light 1st 4 Ks...—1960 New Eng Tel A 1983 New Orl Great Nor 5s A N O A N E lstref Aimp4Xs A 1952 New Orl Pub Ser 1st 5s ser A.. 1952 1st A ref 5s 71955 series B New Orleans Term 1st gu 4s.—1953 }|*NO Tex A Mex n-c 103)4 69 104% 102)4 104 M 103)4 103)4 67)4 104)4 102 *—.... 90 36 102 21 30 552 ... 120 61 )4 8 59)4 61)4 18 120)4 5 76)4 77)4 405)4 -105)4 105% 105)4 -74)4 74)4 - — 80 107)4 76)4 78 4B544 105)4 74)4 inc 58-1936 ... ... 2 2 10 14 5 49 ... 1954 1st 5s series 18 ♦Certificates of deposit—— ♦1st 5b series C 1958 ♦Certificates of deposit •1st 4)48 series D ♦Certificates o( deposit •1st 5 )4s series A ... 25 27 1956 35 ... 1954 27 ♦Certificates of deposit. 6 48 sec s f. 1*2 1 10^4 *12*4 , 20% 26*8 40% *31 4% 54*2 *122 1st mtge 46)4 46)4 i960 N Y Connecting RR 3)4s A...1965 N Y Deck 1st gold 4s .—.1951 Conv 5% notes 1947 N Y Edison 3 M s ser D 1966 lstllen Aref 3)4sserE.—..1966 N Y A Erie—See Erie RR N Y Gas El Lt H A Pow g 5s 1948 Purchase money gold 4s..... 1949 . 8#N Y A Greenwood Lake 5s—1946 2000 N Y Lack A West 4s ser A—... 1973 4Vis series B— .......1973 ♦N Y L E A W Dk A Impt 5s.. 1943 125 584 1434 1% 13*4 19% 2434 2178 5 . 124 5% 147S 124 534 147g 1% 13*2 1878 5 1% *12*2 187s *3*2 24%. 2434 21% 2134 40 10*8 Jan 21 2 •> Dec 30 16V Dec'16 1138 Dec 29 21% 2% 3034 35*4 2% July 25 19% Aug 15 23% Dec 8 Southern Natural Gas Co.7.50 Southern Pacific Co...No par Southern Ry ....No par 5% preferred....—: 100 Mobile A Ohlostk tr ctfs 100 6 120 Aug 1 8 Jan 2 1 Spencer Kellogg A Sons No par Spcrry Corp (The) vtc 1 Splcer Mfg Co No par $3 conv pref A... No par Spiegel Inc.... —2 Conv $4.50 pref..—.No par Square D Co. ....-.1 5% conv preferred..... 100 Squibb (E R) A Sons..No par — $5 pref series A No par $4.50 preferred No par May 2 2 5 Dec 10 Mar Jan 3 6t2 July 28 69 5 5 Ma) Dee 7*8 May 1% Jul) 10 May 16 Aue May 23% May 6% Maj "?6% "Jan 128 8 Ma) 27'8 Dec 29 27*2 Apr 25 54*8 Aug 60 45% May 4% Ma) 3 Deo 9 34*2 Dec 26 31*4 Feb 19 111 Deo 20 47% Dec 29 6% Jan 6 57% Jon 9 40% Aug 1 1173t Aug 19 48% Dec 22 20% 13% May 17% Not l%May 3% June 607g Oct 14% May 33 May 19 Mny Dec 23 24% Feb. 12% Jan 2% Mar 16% Jan 80% May 152% Apr 30% May July 31 22 July 21 39«4 July 22 38i2July 28 5 Apr 114% May 46 Ma) 26% Ma) 112 Dee Jan 34% Jan 39 Juu 3>g Apr 7 Jan 72 May 23% Apr 47 Feb 88% Apr 68'g Deo 11% Jan 66% Apr 40% Apr 112% Deo No par Standard Brands.. 3*4 Dec 10 June 19 108 Standard Gas A El Co.No par *8 Nov 17 $4 preferred ...No par $6 cum prior pref No par 7s Dec 26 $7 cum prior pref . .No par . Standard Oil cf Calif .-No par 8*4 Dec 18 IOI4 Dec 17 177il Mar 25*2 Mar 6 5 May 113*2 July 16 1*4 Jan 6 4*8 Mar 20 21*4 Mar 21 2234 Mar 21 98 June 1 May 6*8 Jan , 4 5 7% Apr 113 Deo 2% 2% May Jan 12% May 7% Jan 18% Jan 22% Jan 16% 9% May Oct 26% Jan 20% Ma 2ft 29% J u .e 46% Apr Jan 4 23 June 11 66 38% Deo 80% Jan 8% Feb 8% Apr 12% Jan 25ig Nov Standard Oil of New Jersey.25 Standard Oil of Ohio 25 33 Feb 14 6 34% July 29 4678 Dec 4 33 Deo 31 48l2 Aug 2 Starrett Co (The) L S..No par Sterling Products Inc 10 29 Dec 10 40 51 Dec 29 66 Standard Oil of Indiana....25 Stewart-Warner Corp 5 Stokely Bros A Co Inc. Stone A Webster. 1 No par Studebaker Corp (The)...—1 Sun Oil Co No par Class A pref (4K% cum) 100 Sunshine Mining Co 100 Superheater Co (The) -No par Superior Oil Corp... I Superior Steel Corp 100 Sutherland Paper Co .10 Sweets Co of Amer (The)..50 Swift A Co.— 25 - Swift International Ltd Symington-Gould 1 Corp 5)4% parti pref Telautograph Corp.... 9 50 6 5 4*2 Dec 24 3%May 5 4*4 Dec 21 3% Dec 10 50 Apr 14 117*2June 2 358 Dec 10 12% Dec 29 3 Dec Jan 8% Jan 1( 6%NCV 6 8"% July 23 8*g Jan 7 ~ 66*2 Dec 4 July 10 May May 4% May 4 Dec 5 May 5% May 46% Aug 12% F«b 657g May 126 9 21 1*4 Dec .9 9*8 Dec 10 1618 Nov 29 Jan 4 Jan1C 2*8 July 11 18% July 31 23>4 Jan 2 5% Aug 4 25 Aug 8 24t2Sept 19 77g July 10 9 19%May 5 1612 Dec 12 3*8 Dec 9 3%May 10 5% Nov 19 Dec 19 38% Aug 22 3% Jan 16 9% Sept 2 46 >8 Deo 6 4*8May 12 3878 Sept 12 7% July 28 6% Aug 9 14 July 22 10*8 Jan 23 27 1% Dec 26 6 Dec 9 34% Feb 19 Gulf Sulphur...No par 30% Dec 10 5*4 Mar 4 3% Feb 18 5% Dec 10 5 Dec 9 32 June 4 2 Dec 12 100 conv No par pref No par 38 10 100 25 — $3 dlv conv preferred 97)4 preferred.No par Tide Water Associated Oil..10 $4.50 conv pref No par $3.50 94 H cum 10 Tlmken Detroit Axle 99)4 61)1 78 Tlmken Roller Bearing .No par Transamerica Corp 2 Transcont'l A West Air I no. .5 Transue A Williams St'l No par 107)4 108)4 Trl-Continental Corp.— 122 1 Truax-Traer Corp. $6 preferred.... No par No par Truscon Steel Co.......-.-10 113 Dec 30 Thompson Prods Inc..No par Tbompson-Starrett Co .No par 78 65 M 2 100 1 Thompson (J R) 20th Cen Fox Film CorpNo par 57 % 1434 Aug 1 19*8 July 31 36%Nov 24 37% Oct 9 17*4 Dec 13 Third Avenue Ry 67)4 *103)4 53 )4 3 13'2 Sept 17 19*2 Feb 14 23U Mar 13 60 Mar 31 27% Jan 11*4 Feb 15 No par Tbcrmoid Co 112H 150 16*8 Dec 18 Dec 24 xlQ Spear A Co —...—1 $5.50 preferred—.»-No par Sparks Wltbington Preferred 107*4 107)1 Jan Feb 19 June 23% May Oct 1% Dec 10 13 Apr Nov 11% 8 3:13 Jan 2% 31 14 1034 July 22 S'eastern Greyhound Lines..5 So Porto Rico Sugar...A'o par 6% Nov 24 22 7'2 Dec 29 $3.60 *116 May 7% Junv 3% May 12% May 1% Maj 17% Ma> 12% Jum 56 10% May Soqony Vacuum Oil Co Ino.15 South Am Gold A Platinum.1 Jan 25% July 31 15 Sept 18 18t2NoV 28 Jan Apr 16% 120 133g Feb 28 9 88 Ma> May Snider Packing Corp..-No par The Fair.... X 34 67 Smith (A O) Corp—.——10 Smith A CorType v t c.No par Jan 2% Nov 6% Jan Apr 7% Mar 40% Feb 13>s Jan 105 Oct 30 Jan 20 3 May 40% Aug 434 May 6 Thatcher Mfg Co.....No par 74 Nor 18 1% Ooi 73% Nov Jan 27 Texas A Pacific Ry Co 61- Jan 10 Jan 20 Jan 51% Aug Jan Texas Pacific Land Trust.. -1 99)4 4 Jan 111% Deo % Jan 16% Nov 114 Texas Pacific Coal A Oil.-.10 94 Jan Deo 115% 8% May 112 Texas 96)4 5 % 14% Mar 88 49 May 1% Sept 61% May 8% June Feb 15 95 Texas Co (The) 26 Texas Gulf Produc'g Co No par 76 M Jan 30. 32«4 Dea 31 Mar 111% Deo II 187g Feb 19 Tennessee Corp 64 5 % May 111*2 Dea 31 14*2 Feb 19 Talcott Inc (James) .. N Y A Harlem gold 3 Vis 20% 26U 40% 31% 3434 55 584 4*4 5% 4% 55 7 Dec 6% Sept 19 4% May 63 ?r2May 64% July 34 May 107% Jum 101% June $6 preferred........No par 46 1998 1947 20*2 25% 40 31 3434 54% 5% 4*4 5 4% 54*2 5%NoV 7 2 5 Jan " Skclly Oil Co——15 Sloss Sheffield Steel & Iron. 100 47)4 1998 1998 ... 20*2 26*2 4034 31*2 2 Jan May 10% Jan 277g Jan 2tg Jan 18% Nov 35% Feb 7*8 Mar 247g Apr 32%, Jan 7% May 12% May 1*9 Oct 9% May 20 May 3 May r!7% May 16% Any 9% 4% May Jan 45 44)4 44 1997 3)4s extended to 1078 1234 *3*2 24% 21% Mich Cent coll gold 3 Vis....1998 6s debentures *1014 *12% *1*2 13% *187g N Y Cent A Hud River 3)4s—1997 New York Chicago A St LouisRe! 5)is series A 1974 Ref 4 )4s series C 1978 10% 1234 534 *14% ..1946 3)48 registered 1*2 34*4 *4*8 5*s 1SM 1% 55% 5-% 4*4 5% 4% 55 534 " *% 1*2 55 Ref A impt 58 series C 2013 Conv secured 3)4s.........1962 3)4s registered — 478 5 *107*4 109*2 >*« 34 Ref A impt 4)4sseries A....2013 Lake Shore coll gold 3)4s 3 Vis registered 37o «JJ 1998 — 4 — - 10-year 3)<s 4 60 31 28 21 22 17 59 Oct 10 25 36 60 May 84 July July 3*4 July 78*4 Jan 10% Jan I4-I4 July 7IB4 Jan Dec 20 22 100 20*2 30*8 *35 *59*4 478 5 *107% 110 Newport A Cincinnati Bdge CoGen gtd 4)48 .1945 N Y Cent RR 4s series A 35 4 Simonds Saw A Steel—No par 8% preferred...... 45% *42 45*4 *35*4 36 3478 35*4 *110*2 116*2 *H0'2 116*2 *46*2 48 *46*2 48 *111 *111*2 48 33)4 32 30*8 96 17 Nov 12 Southern Calif Edison 65 Dec May 17% Sept 5 94%Sept 11 39% Sept 26 •115*4 Mar 27 112 July lo >4 Jan 3 3% Apr 23 1 ....—. 20% 11% 13 17*4 34% 45 1% 2% *1984 2934 20*2 35 rl 39)4 32)4 33)4 *55 *59 *112% 478 47g *106*4 109% 109l2June 9 107 Dec 19 % Jan 9 10 Simms Petroleum 142% *42*2 37 32 1% 2% 1% 234 65 2978 76 35 32 %: 45 *19*2 LQ4)4 J06)4 104)4 106)4 34)4 13 17*2 34*2 "' • 118)4 127)4 123 H 131)4 70 75 106)4 109)4 67 80 65 82 30 1134 12*2 17 33*2 *42 1% 103)4 106)4 82)4 86)4 117)4 124 50 65)4 45)4 64)4 65 17g 15*4 24?8 20% *2*2 112 17g 1534 24% 17g 1534 2484 17% 106)4 30 10 ♦Certificates of deposit ♦ Shell Union Oil—— 15 20 13 16*4 7% 11% *42 , Dec 29 51% Feb 27 Stiver King Coalition Mines.5 Simmons Co........ ..No par 20 *19*8 13 *12*2 1638 16*4 8 ... 7% 34 102)4 105)4 101)4 106)4 61 ♦124)4 *7354 107)4 72 41 *117)4 119)4 62)4 *109 20*2 12% : 44 *35*4 36*4 *108*2 116*2 Mountain States TAT 3)f8—1968 June 23 Sharped: Dohtne—— No par $3.50 eonv pref ser A .No par 4% 13 13*8 *1 1% 26 26 26*4 27*2 *99 100*2 ' 4 f 4 Ks series C-.1955 f 5s series D:...1955 ; 11% ; *55 Constr M 5s series A.. s s *4 20*2 ! 217g 30*8 34% 5812 Gen A ref 8% Apr 15 79 7%D?clO 48ia Deo 29 Shattuck (Frank G) ...No par Sheaffer (W A) Pen Co.No par 3 34 Sept 18 1*8 Apr 29 49i2 Deo 29 4% Dec 22 13*4 13 1 14278 *136 *136 20«4 11% 1278 17% 33% 45*2 1% 284 Morris A Essex 1st gu 3Hs—2000 Gen A ref 778 17s *15% 1% 15*2 25 65 *55 112 *19*8 *12*2 142 '137 Monogahela Ry 3^6 ser B——1966 Monpgahela W Penn Pub Ser— s 13% 16 778 24% Moh'k A Malone 1st gu g 4S...1991 Gen A ref 1984 *15% ♦Certificates of deposit. {♦Mo Pac 3d 7a ext at 4% July '38 *25*2 26% *99 100*2 *109 13% *15% 77« ■ 13*4 13s 28 26% *1 26% *19 •ii ♦1st A ref g 5s series H1980 ♦Certificates of deposit....... 4% 13*8 100 112 *99 ♦Certificates of deposit....... ♦Conv gold 5Ha.j.........1949 4*4 378 13*8 1% 26 *24 ♦1st A ref 5s series G———.1978 ♦1st A ret 5s8eriea 13*4 . ♦1st A ref 5s series A.......1965 ♦Certificates of deposit-. ♦General 4s.. 1975 ♦1st A ref 5s series F—....1977 - 33 33 13 67s 58*4 5*8 33 6's % June 19 $5 conv preferred...Nopar 5734 % Jan Oct 23 31 Jan Deo <h 113 v 42 June 'is % Feb 3 12%June *4 Dec 11 11*4 Dec 29 .No par 26 8 % Apr 15 6 May 5 '8 Apr 29 47 Sept 18 1*2 July 17 July 17 Apr 19 351067s Deo 11 Sharon Steel Corp ♦Cum adjust 6s ser A...Jan 1967 V 4 Seagrave Corp—..:—...—5 Sears Roebuck A Co— .No par Servel Inc.——_—l A.......,1962 } Missouri Pacific RR Co— -No par —.100 39% July, 16 , 35 Seaboard Oil Co of Del.No par Prior lien 4J4» series D—1978 • Scott Paper Co.———No par 6 *i» Dec 10 5 5 100 Schenley Distillers Corp 5K% preferred.. 16*8 89*2 37*2 36*4 40-year 4s series B.........1962 4 Savage Arms Corp..... h *uit ■' 84 13*4 13*4 2*2 2*4 53*4 51*4 578 f»/8 934 98.1 *59' • 5984 — Prior Iifen 5sseries 16*8 89*2 *89 ♦Ref A ext 50-yr 58 scr A.... 1962 5% preferred.—.100 ^ 15% 89*2 *36*4 *114*2 — *114*2 ♦1st & ret gold W—._—..1949 5>t cons 5s gu as to int.-. ♦1st A ref 6s series A 6*2 1 41*4 41% 10978 110 19*8 •18% 18s4 109*2 109% 1834 15*8 734 ♦5 Dec 11 'at Dec . tlfMH & No 1st ext 4KS—-.1939 ♦scon ext 4Kb-,—'---—1939 {♦Mil 8n«r & N W 1st gu 4s. .1947 { S^Milw & State Line 1st 3 Ma -1941 {♦Minn & St Louis 5s ctfs. 1934 r 27 jSt Joseph Lead—-10 {St Louis-San Francisco.. 100 6% preferred.... ...100 JSt Louts South western... 100 5% preferred..——r—-100 Safeway Stores......—No par Michigan Consol Gas 4s.... ..1963 tS*Midof N J 1st ext 5s......1940 9 May 21 3*s Dec 10 Jan 17 1*8 Dec 9 3%June30 24% Nov 13 % Dec 23 Dec 22 7 9% Mar 95*4 Aug 6 9 27*2 Feb 19 37% Dec 9 4 Dec 1 8% Dec 23 678 Mar 25 % Dec 9 60 Dec 30 Feb 19 4 9% Jan 30 5 44% Sept 25 4% Sept 8 60% Sept 6 5% July 30 40 Aug 20 4% Jan 6 6 34 Jan 6 Jan 10 1>4 Jan 18 18 Jan 9 1178 Dec 17 9978 Deo 2 35% Sept 6 51*4 Jan 2 5*4 Jan 13 17*4 Jan 2 107g Aug 21 V 2 Jan 9 75 Jan 9 7% Sept 17 11*4 Aug 9 9% Sept 17 May 23 83 May 6 Apr May Deo 40 Mar May May 5% Oct 3% July 6 Ma) 7 36 Doc 53 Jum 42*s Feb 3 May 6% Mar 20 Jum 35 Ma) Mat 23 Jan 12 May Fet 4 Jan 25% May 1 8 8% Ma) 81 18 35% 4% 10% 4% 1% 64 3% 6*4 5 14 May May May Ma) May May May Aug May May Ma) Ma> 24 9 1% July 31 27% Sept 9 9% Jan 13 Under Elliott Fisher Co No par 27*4 Dec 26 37% Sept 17 7 Dec 10 60 Feb 14 12% Jan 4 79% Sept 17 7 9% Nov 2% Jan 82% Mar 6% Apr 10% Apr 13*4 Jan 25% Jan 3% Apr 597g Julc --1 4% Dec Mar 21% Apr 21%June Union Bag & Paper No par Union Carbide A Carb.No par 99% Deo .34% Deo 52% Nov l%May 13% May 6% May 100 7% preferred Nov 7% Apr 6% Deo 38% Apr 2% Jan 2% % Dec 10 16 Feb 13 Twin Coach Co.— Feb 30 16%May 20 4 Mar 4 Dee 2% Jum $1.50 preferred......No par 55 60 5% Mar 9% Deo 47% Apr 4% Apr 37% Nov 8% Jan 6% Jan 12% Jan 18% Jan 2% May 26% May Twin City Rapid Tran.No par -69)4 Dec 4% 28% 3*1 4% 30 Apr 13% Mar *99)4 {N Y New Hav A Hart RR— ♦Non conv deb 4s 1947 ♦Non-conv deb 3 V4s ~ -.1947 ♦Non-convdeb3V4s ...1954 —.1955 9 ♦N on-con v deb 4s ♦Non-conv deb 4s.... 1956 ♦Con v deb 3 Vis... 1956 ♦Conv deb 6s —_—194& 6s registered... 5 ♦Collateral trust 6s 1948 1940 .— ♦Debenture 4s— 1957 ♦1st A ref 4V4sser of 1927...1967 {♦Harlem R A Pt Ch 1st 48-1954 { *N Y Ont A West ref ♦General4s g 4s..... 1992 {♦NY Prov A Boston 48 1955 -.... .1942 N Y A Putnam 1st con gu4s... 1993 N Y Queens El Lt A Pow 3 V4s. 1965 29K "46^ 4% 26K 23 % "30K H 11*2 26% 26 26 34*8 34*8 34% 33% .100*4 100*4 5% 43 K *105 109K 41 18 5i« For footnotes see page 290. % 15*8 Pref $4.50series No par Union Oil of California.—25 Union Pacific RR Co——100 4% preferred... 18 "32 15 —100 Union Prem Food Stores Inc. 1 Union Tank Car No par United Aircraft Corp...—.5 5% conv — . United Biscuit Co 15% 3 30 17 10 13 5% preferred., United 9 Dec 11 13% Jan 2 Dec 31 Dec 30 Dec 27 31 July 28 44% Jan 9 24% Dec 29 28% Dec 10 105 Msy "l2 *May Feb 18% Apr 88% Jan 116% Deo T7% ~jan 71 May 98 70 June 13 Dec 89*2 Feb 16 July 22% Jan Apr 297s May 53% Apr 31% Jul) — —No par 100 No par United-Carr Fast Corp .No par % 106*2 11*4 57*2 73 45 9%May pref w i._ —100 Un Air Lines Transport...-.5 United Carbon Co.i 42 17*2 41 *17 106X 42 Dec 29 115% Nov 112% Sept 16 Sept 857S Jan 85*4 Jan Union El Co of Mo $5 pfNo par 1111% Jan 30 : Rights... "11% 11 105% 105*8 110 14% For footnotes see page 291 100*8 100% ')!» 11% "if" *10% *10*4 .11*4 10% 4714 109K *105K 80% 11*2 *26 ."IK 99.— 99 32-34 9 *10% 5 27K 24 IH 32% 8% 71% 80% *10*4 80% 80*8 48 * 4 • -f 9 7378 69% 72% 113*2 *111% 114% *111 107*2 107*2 107*2 107 13*4 13% 13*4 13*4 72 72*4 70% 71% . N Y Rys prior lien 6s stamp... 1958 32% 32*2 Corporation—.No par $3 preferred— No par 17*8 Jan 9 1434 July 24 113*4 Feb 6 52 Sept 4 21% Sept 3 1% Jan 7 13% Dec 18 30»4 JanlO 9%May 15 878 Dec 24 10834 Dec 24 35 Dec 18 15 Dec 23 »u Dec 23 . 12 42% May 12 M*y 1% Dec 26 23% Apr May 12% May 108% Nov De 18 Apr 111% Dec 65% May 20% Deo 2% Apr ' 42 Feb Tuesday, January 20, 1942 THE COMMERCIAL & FINANCIAL CHRONICLE 290 NEW YORK BOND RECORD NEW YORK STOCK RECORD Week Friday WW NEW for Mont'" FfltUTdn'l T'l'Sjn'i 12 Jan. 13 Jan. 10 Jan. $ I per share S r«r share per 5t* 2% • 6'l 512 ?l« 25S *2% 47i2 50 48 4' 48 5% 27s *3l2 " 49 48 *45 5ls'. 27s £% 5i2 2% *31*2 67% 5% *1041-2 13% *353 3*i 3% 334 3's 3'a 334 3% 314 86 *17% *83 86 85 ia»2 #«3 *17'4 18 1018 10 173 *167 *6' 1 1'34t2 40% 32U *6V 0% 32*i 63, 2.100 13% 13% 3D ?5 nreferred.... v t c. 800 U S & Foreign Secur-.-ATn Jan 8 S6 1st nreferred 90 Dec 5 60 117 83 84 18 18 18 18% 10% 46% 10 10 1.200 45 47% 2,700 U S Gypsum Co *167 174% 50 6% 100 170 *6% 7 40% *6% 6 I4S4N0V 19 41 4 Jan Ort 1334 Mai Jum , 200 ...100 7% , 13 July 22 5 Ma\ 5% Maj 8 50 N Y Telen3'£sserB... 165 *?4% 40'2 '32% 33'4 401* *34'2 32 7s 32 32% *35 32% 33 33 Feb 10 43 U S Industrial Alcobol'-No par 40% *35 32% 31% .33 . "2,800 ' 312 3% 9', 3% 9'2 3% 918 934 *9612 105% *96ia HO 3% 35» 9% 35s 9 3^8 9'( *96'2.106 938 3% 8% '20 Apr 18 33ia Aug, 26 2334 24 24'- *26 "s 2738 *27 273* *27 243s 27% *27 *23'2 25*8 *2334 25 *233.4 2538 *2334 253R *23% 24% 24% 27% 25 24 "tc % ,5u 1534 15% 16% »»» 15% 67 ">i« 67i2 713, 48 48 4312 70 70 *6812 70 117's 11778 *22 23 *22 *46 47'2 *46 *1-9 5 5'4 54% 119 119 227s 22*2 47' 46'2 % 7s '8 N Nlag Lock A O if Pow lsk. 5s A. 1955 Jan 89 Z Jan ization m anagcr) 5 s1941 Norf A Wes'ern Rv 1st g 4s...1996 6% Ma" 4412 *43 4412 1514 ♦14% 15 1.400 49% *70% 50 72 1.700 72 78 -■ ization manager) 54% 1.400 300 *46 47 *46 47 100 % % *-8 : 1 "16 1 *% 24 Nov 43 *43 15't *14U 15% *14% 51-34 " 49% *48 49% 51 151 *148 151 *148 151 *148 151 *148 151 *148 *152'2 156 *154 156 156 156 *151 156 *151 47 Dec 10 156 7034 Jan 19% Dec 17 Mar 27 z50 "sNov 28 42 25 % Dec 1 0 5 86convpreferred.. .No pa Unlversal-Cycions Steel Corp 1 42% Dec 20 Universal T eat Tob. -No nar .100 8% nref^r-ed """"16 12 1% 62 May 10 64 Sept 22 157 Jan 21 133 162 Jan 17 3, 25 *23 *2212 *1012 10% 25 20% 10% 23% 2378 *22 23% 24 11234 *11212 114 19'2 112-% 113 25 20'* 23 23 20'* *23 20 20 10% *22'* 24 1 1434 *11314 11434 *10% 10% *10% *)) *10% | 94 *22 24 114% 114% *40 40% *19% 200 49% *39% 40'2 *40 401? *40 Nortli Cent gen A ref 5s Gen A ref 4 '^Sseries *40 55 *40 55 *47% 54 *52 54 *52 *50 85 50 85 *50 85 *50 85 *50 if S .1945 A *24 241" 241 24% *1% 24-34 24 '2 1 '2 2434 2431 *24 25 24% 1% 1% *1% 1% 24 24 115 115 115 16 34 *15 16 15% *31U 34 *31'4 24U 24 115 *14% *31% *130 - 15% *31% *85 1% 1% 1% 24% 26% 24% 115% 115% *115 2.500 31% 17% 31% 29'8 29% 34 34 *31% 29% 20% *29% 29% 90 91% 91 *125 *15% —— 160 *130 4s registered Jan 159 i 7% 18 18 7l2 17% *101 *10012 104 17i2 102% 4% 3312 33 lo'8 15 *314 334 *12 15 410 33% 3* 41-2 33'2 15 18% 4% 4% 33% 33% 1-5 33 15 *7% *17% 18 17% 101 101 101 101 *143, 4l2 3312 *7% 7 *7% 18% »4 Apr 19 4% 4% 33% 33% 117% July 30 35% Ma> 57 Mar 26 5««4 JHI. 62 Aug 20 60 Aug 60 Aug 20 Marlk 27%8ept 10 Va-Carollna Cnem 2 Aug 112 8 July % Dec 26 No par 2% Jan 2834July 31% Ma' V 4% Jati HI34 Jan May 134 May May 8 14 114 Dec 23 118% July 23 109 May Va Iron Coal & Coke 5% pf 100 11 Dec 10 23%Sept 16 5 May Virgl dan Ry Co... ...25 .... 18% Dec 10 15% *% ' *3% 3'? *3% *% *19 ••% 48 ■_ 1712 _17% -17%- ~18' 18 3% '! 4^% 28% May 35 3% 71 May 110 Nov June 21 120 Jum 135 May 135 Mar 27 143 *!g 9 22% Jan 4 96%Juue 27 105% Jan 6 k,89 6% Jan ft ""foil) 534 534 75 *71 58 *71 °8 .. 1778 1212 *1212 *314 39 *12*8 125s 3»2 5% 5% 5% 5% 23.700 2'- 2% 2% *55 130 20 19% 20 19% *6658 69 69 69 *66% 93 *90 104 90 90 *87 *11214 1131 17't 27s 3 6V1 90 *88% *6 ... ATo par 100 14 2% 6% *6 19 . 25% ,*5m 2434 37% 17% 13% 11% 12% 500 *2% 2^8 130 93 90 16% 14' 2% 6 34 90 90 112 112 -1967 M 14% 14% 10.8 101 10594 109,94 10294 1 06 94 *I0t A 103 100 94 101% 103 A 101j4 103j4 Ontario Power N F 1st gu 5s.. .1943 F 4s.t. .1946 J J Guar 8tpdcous con g 5s .1946 J Ore-Wash RR A Nav Is...:., .1961 J 4^8—.. Otis Steel 1st mtge A Pacific Coast Co 1st g 5s. *2 2% 13.1 *5% 5i2 1«4 512 5% 5% 5% *71 73 *72% *112 120 *112% 22% 22l2 22% 27 27',. 27% 1834 18:i4 18% Western Maryland ...100 107 101 % 10194 101 *4 f D 1970 I 1> 1971 J J D 100% May Jan ,28-34 Jan 28% Jan Dec 9 141 6 . Westvaco Color Prcd-.Wo par 27% Apr 17 36% July 14 20% 14 14% 334 3% 14 3% 3% 54 *49: *21 r 106% 106% *56 61% 90 89 >40 Nov Jan 112 Apr 16 65 100 14% 2,800 3% 3% 400 White Rock Mi xSprCoNo par 3% 2,900 White Sewing Mach Corp...l 14 *3% May 26 D3C19 *14% *3% 110 Aug 18 14\ 3% 3% 14 *14% Mar 22 34% Jan 10 85 55 conv prior pref...No par White Dental Mfg;(The SS) .20 *13% Jan 60 WheedngSteel Corp...No par 3% 118 105 100 14 May ..100 2,700 66% 76 $ 4.50 preferred——. No par 53a% conv pref.. " 54 *46 54 *46 54 *21 24% *20% 24% 1 -4.... $4 conv preferred....No par 100 23% White Motor Co. 20C -Prior preferred .......20 ; , Jan 58% Dec 22 10% Jan 7 10% Dec 10 2% Dec 18 37 % May 38% .109% .1 2734 May May hO Oct May 103 Nov 18% May 35% 51 Feb 15 5% Jau 10 54%Juue28 18% Dec 29 3% May 26% July 3J 38 + .- r 7% May Wilson & Co Inc......No par 4% Dec 10 60% Dec 10 ■ *106 140 *106 140 *106 140 *110 140 *110 126 *110 113 *96 113 *96 113 *100 113 *100 113 *100 52 *50% 53 *50 56 *5134 56 *101 103 103 103 103 103 59 59 *57 61 58 '58 *51% *53% 53% 56 *51 *52% *101 58% 53' 55 *51 *5184 104 104 59 *08 53% 51% 56 *51% 104 101 59% 59% 51% Woodward iron Co UOO 59% -_._10 109% Oct 17 19% Dec 24 WooLvortn (F W) Co....-.10 23 1,900 Worthlngt'n P&M(Del)No par 16 7% preferred A........100 6% preferred B 100 Prior pref 4 i^% scries.. 100 Prior pf4^% convser-.lOO 100 56 101- 6% pref.100 11,300 113 *5D14 ..No par Wisconsin El Pow " 140 *96 86 preferred -60 Wright Aeronautical.. .No par 700 Wrlgley (Win) Jr (Del).No par # 3 6% Dec 15 7 Sept 17 77 115 Sept 18 Nov 26 33% Jan 34% Jan 2534 July 22 98 Mar 15 147 85 Jan 30 130 Jai ; 334 May 45 116 16 125s 1278 16% .113 16% 16% 16% 12% 13 12% 13's 114% 11434 *114% 117 7 7 6% 7 17% 17% 17% 17% 13 13% 13% 13% 114% 114% *114% 117 6% 7 6% 6% 37 37% 36% 37% 6% 678 34*8 *777s 35 '4 83 35% 36% 36% 37% 78 78 82 82 84 84 11'4 ll'i 11% 11% 11% 11% 11% 11% Cllh ■: *82 85 17% 17% 1,600 Yale & Towne Mfg Co...-.25 12% 12% 10,100 Yellow Truck <fc Coach cl B. -1 70 June Apr Apr 121% Mar Ja 117 6% 36 *82 11% 11% M40 Preferred-100 6% 2,0J0 36% 15,209 Youag Spring & Wire.-No par Youngstowa S &T....N0 par 117 Pennsylvania RR > 85 11% 300 5yi% preferred-Series A.100 4,900 Youugst'rrSteel Door..No par tr Gen mtgc 3 % s series C..... Aug 21 55 Jum 102% 2% ♦ 2%' Bid ail as 9% 8 86 Apr 23 50% Dec 20 91 Jum 129 Ocl Apr 73 May 93 Apr 9% 9% 9% 9% 9% 9% 9% 9% 9% 1,500 2 2% 2 2%l 2 2% 2-% 2% 2'ls 2% 31,409 c.sj pcDea* n j saiea .y y: t lU lay. t la rcyjlvaraaip. d Jet. dilivcry, Zenith Radio Corp....No par ' Zonite Products Corp...—..1 n New .stock. rCaiistm. 1 8 108 94 91 94 92 94 86)4 98 94 94 98 A 9794 9994 99 94 1947 M Peoria A Eastern 4s ext.—1900 .4 ♦income 4s ........Apr 1990 O Dec 31 9 -18% Jan 6 12% May 36 1079< "7094 2)4 H 107 34 106 70 94 72 '4 64 94 02 A 63 4 5694 62 94 64 4 5594 Phelps Dodge conv 3 As deb... 1952 J D 10 7.'4 100 94 107% 105 105*4 105*4 .......1980 ./ I/ J Phlla Bait A Wash 1st g 4s.-1943 MiV .1974 F 118^ 54^ 9ti 110 8314 74 74 IO894 86 100 110 30 108 94 112 120 *108 114*4 1 D J 1961 J 3^s... 1967 ' f S — as... ♦Conv deb 6s 1973 1949 {§*Pliilipplne Ry lsts f 4s....1937 J J If 8 J 108 104 103 10)94 10994 25 94 594 5*4 J A 2194 25 / ♦Certificated of deposit 6 2 94 2 Jit 71 16)4 140 1009-4 102 102 107)4 394 2 *2 1961 7" j Phillips Potrol IHs debs "93 2894 794 14 8*4 2)4 794 9994 105)4 Pittsburgh Cine Chi A St Louis- ....1942 Series. D 4s guar — .-——1953 1957 Series G 4sgunr... 1 O 109"-:. 100 » * C *112 —>.1977 1 J 10494 113)4 106 94 106 11394 100 94' 101 94 99)4 10594 103 94 10194 104)4 99 10194 105%: 106 94 103 94 D 1 . 0 28% Jan 99 99 h ♦10594 62% O 1st mtge 4 As series C —.1960 A Pitta Y-A Asa 1st 48 ser A„—1948 J 62 94 62 H 51)4 62 A 62 94 62 A 52 70 63 94 52 70 u 119W '!>!) H D 69)4 106 lto->94 A D .....1962 F ......1974 J For footnotes see pace 291 122 10i9i guar...1943 MA' Pitts A W Va 1st 4 As ser A.-1958 J u Apr 117 J 1st mtge 4 As series B.——.1959 4% 106 94 10514 Jaii Mar 113 120 52 4 1 Oft l4 If S >.1950 J 109 11094 114 <9 Dec H Jailel for r»d#Jiptioa. ... 110 -11394 117 122*4 62 94 Pitts Va A Guar 1st 4s Apr — 106 A A 126 .1975 108*4 lloh 111 b If N *121 Pitts Coke A Iron conv 4 As A. 1952 1734 100 94 109 3 —— 100*4 104^4 1037i« IO65.4 102 54 106 94 1964 vt N ..19/0 / D Series J co.is gu.»r 4^8 Pitts Steel 1st mtge 4^s Apr J ..SeriesH corns guar Is..„... 196u F Series I cons 4^3. 1J63 F Jau 8% May 2 15 104 4 *11894 J 99% „ 108 10594 109 116)4 12094 113% 11594 107 94 ho A 1977 J General 4A* series D......1981 1st gea 5s series B j/E i-ngn s. 4 6 *-4 5 A 48% 80 Dec 10 112 43 94 5-94 62 A — Jan li 0% Jun 26% JumMay 5 1-% Apr23 112)4 45 % Apr .1950 J 1st g 4^8 scries C 19% 126% Sep' Mav 6 iSi-div, 87 11294 6 9794 105 9494 104)4 79j4 91)4 8 1st 4s series B 25 15% May 9-% May 98 42%. Jan 95 Aug 3 3% O ct25 8594 87 ....1952 Gea mtge 5s series A 15% Apr 106 94 116 10/94 98 4 Conv deb 3%[s 98 102 94 92 A Peoples Gas LAC ref 5s 114*4 102 94 10 <4 — 1st 4 As scries D——.1977 J 9% 88 11994 12594 100 10894 1968 ——— 4^8 series I) 1981 Gen mtge 4%8 series E. —1981 Series F 4s guar gold 65% 12% Jan 11 109 92 94 121 94 A Jum 8 94 121 Debenture g 4^8 —-——..1970 Series 10 3 As guar gold_~. —1949 39 17% Jan 10 Jan 10 92 92 93! 121 102 A A Oct 7534 Aug 21 122 July 24 22% Jan O if N Oot 12J 4 Vf N Nov Jan 11 1970 .1942 68 80 110 % Gejeral Ge neral 5s series B„ ; 1st gen 5s series C 9% 106 11094 .10394 10794 11094 115)4 110*4 110 94 .>..1945 95 , 110*4 110 % Cousol sinking fund 4Mis.... 1960 F General 4 As series A .1965 Series C 4 As guar July 76 105 •10194 110*4 v/N M vy 1.1948 Series B 4 As guar Apt Jum —9% Dee 10294 105 10ft 1948 At N 4ssterlstpd doll 24% May 29 Deo 10 103 *101 1943 VJN 4s cons g Co-isol gold 4s.... • 42-4 60 29 10> :02 94 106?4 111 34% Nov July 30 Dec 26 105 105 16*4 May May 30 73% Aug 21 15 110 100 94 107 104 *4 105)4 Mar 4734 Dec 11 10% Dec lt) 100% F>ec 29 5% D33 30 10694 105 103 94 Gea 4 As series 155» 104 107 10 iH 10.594 Gea mtge 5s series B 113 104*4 104 9 103 94 10 5,4 .13% May 7 7 Dec 29 Dec 10 50*2 Dec 10194 Va 103 A .4 ..1974 F {♦Phila A Read C A I ref 6,800 500 9694 107 4 Phila Electric 1st A ref 4,000 5% A 103 10ft »4 10 l/N F 102-u 10794 Philadelphia Co coll tr 4i^s. 534 5% 5% 5% 5% 6 6% 5% 6% 6% 5% 6 73% 73% 73% *69% 71% *70% 71% 120 120 *112% 120 ♦111 *110% 120 *110% 120 2234 23 *22% 23% 23 23 23 23% '23% 27% 27% 27% 27% 27% 27% 28 27% 28 19 19% 20% 19% 193, 19% 19% 19% 19% 5% 73 1025i« 107*4 57% Mai Jan , 68 A 24% May +• Jan 1434 May Apr 534 57 11794 126 118 94 98 97 60 94 9894 10094 41 94 Penua Pow A Lt 'SAs........ 196!) F General ^ 4 As series C 3% 5% ♦11794 98 52 59 94 100 17 47 J J—.. 1981 . General 5s series B 3% 634 7% 73 999, O . Apt Oct V, 59 94 99'4 1 ....... Dec Jan \1% 59 A ,S J 4 As series B A pi 1% 2 2% 1% .1.1963 28-yeir 4s......— ll-tg 1«4 1% E trast ctfs.....1952 17% 2%May 12 *2 ser 11% 2% Jan 11 1% 5% 3!^s trast ctfs C——..1942 7®4 Aug 1% Apr 16 3% Apr 18 2% Guar 7% May 4s8 Mai 8% July 11 1% Dec 29 *1% 1% 5% ...1942 9 17% Jan Wilcox Oil & Gas Co........ 5 1% 10594 74% Nov May A pi Wlllys-Overlaaa Motors..... 1 0% conv preferred 10 2% f 7s s 1578 July 23 2% Dec 10 104 A ....1 !)44 4 O Perc Marquette lstscr A 5s... 1956 J /Dec 50 ,,86 9 600 1% 10194 10594 Dec 108 2 Aug 900 *2 l3-l 103,94 Peoria A Pckiu Unst 53!jS—-..1974 F 1% 2 i *i0.5 Feb July 23 f Jau 3034 July 31 76 Jan 14 21% Aor 18 41 -. 2 Wheeling & L Erie Ry Co. 100 *""56 66% 26 66% 3% 90 25% 26 3% ""7130 6138 25% 66% *13% 26% 66: 14% 26% *66% *13% 22% 88 % 31% Nov 6 24% July 22 27%June *56 fg 4^8... 1955 s Pennsylvania Co-— Jan Weston Elec Instrument. 12.50 95 10014 11194 Paramount Pictures 4s dcbe.i—1956 M Ap' A pi 100 *89 40% June 21 1 200 95 90 108*4 1st- MyT-g-33T5iir "Ctfs..... 1955 — A pi 6 125% 33% 105 8% 79% *31% "91" 108 Panhandle East P L 3s B.—1960 M.V Paramount Broadway C )rp— 25% May May Up 14% May 15% May 105 *31% 33% 105% 105% 11 2*4 May Oct 28 118 80 1966 —... 108 Jau 4% May Dec 10 30 83'4 106 h 11094 1966 D July 31 71 *28% 90 M 103*4 —. Peo'wyl Glass dand 3Hh. .....1960 I l%May 13 15 125 4. 108 94 108 3%s series C Paducah A 111 1st 88 *83 ./ Pa Ohio A Dot 1st A ref 4 As A '77 9 50 50 30 Itef mtge ioi-4 l -a Api Oei Westtnghouse El & Mfg 1st preferred • *28% 4s.. 1UH8 f 1938 1 ..... — Pacific Tel A Tel 3%s ser B Jan Westiughouse Air Brakc.Vo par 125% 125% . Feb A pi Jum 108% May 6,800 30 ext g — 75 June 3 . 4,600 125 5*Pac RR of Mo 1st §*2d ext gold 5s. 0'4 A pi 79% 125 00 8794 jo!)*4 h4 94 10694 11294 106 111)4 9994 10694 10/94 101 A 1906 1 ser ser Dei 120 18% *28% *31% 4% 4% July 31 18% Feb 13 111 10/ ^s 29% . 198 29% July 22 -« Dec 29 hi Feb 1 112 83 0'4 10794 80 Dec 20% July 15 Oct 9 4 100 6% pref. .100 4% 2d preferred Western Pacific 82 A .OiA D 2 2 13, 1.400 Western Uuion Telegraph, 100 14 3% 3 Supply Co...10 9,700 *13% 22% Western Auto 8994 1) 110% 18% 66 *48 7.700 74 1 J 115 107 104% Aprzft 15% Dec 31 1% Dec 23 ..100 0% preferred 100 14% 107 94 83 A D 1961 J —. Guar 4s 80 117% Jan Dec 10 25% 14 3% 15 25% *13 53 West Va Pulp & Pap Co No par 105 94 82 34 8394 I) ser H Guvr 3^s trust ctfs I)....:. 1944 J 90% May 79% *64 22% 300 26% 25% 6634 2% 17 i 10 I) 3 Jis Jan 91 107% Mar 31 25% *64 53 112 200 67 *19% pf. 100 200 *64 2% West Penn Pr Co 4 "i« 25 54 280 10794 11214 117)4 11294 h794 105 1946 1st A ref mtge Fr b Jan 18 115 6 II214 Pacific Gas A El 4s series G... 1964 Apr 106% Jan 25 Jan 10 Dec 29 Nov 112 94 11294 lOi J 24 5834 Aug 6% 25 20 80 J .1962 J 28*4 20% 2% May 80 5 18% 29 May 74% Jan 18 89 11294 2% Sep! 12% depi 34's Nov May 13% May 14 May 6 9,1% Dec 23 100 .....100 W2A S 15% May 88 El class A..No par 7% preferred 0% preferred 108 J 8 25% July 31 *% *89- *2s4 West Penn 107 94 D Oregon RR A Nav If 65% Mar No par *»02 Ontario Transmission 1st 5s.. .1945 M N 1/ 3 *6% 26% A Pat A Pais vie G A F cons 5s.. 1949 16% Mar % 95 20 54 conv preferred Feb 80 Feb 80 ..100 3 61% *45 No par 6% *89 *3% .:..l 112% 3 10!) 108*4 Dec 20 70 104 10894 102 94 60% 22 *s,6 *56 *13% 14% 14% 394 9 107*4 10694 1 08*4 10794 11094 10694 11194 106 108 102 H .1946 J ..... May Sept 17 *2% 95 3% 104 14% 6H 10794 1) 4s debc ltures Parmelee Trans deb 6s 38 *6% 61?% 14»4 14% aA *:o:>» 10744 103-4 108% 107 Jar< 23»4 Jan 13 6% *56 *3% 17 11094 108 %. 4>^s debentures 92 107 109J4 11294 107 Jai Feb Feb 19 173S July 22 10% Dec 29 10% Dec 29 '•20% Jan 6 4% Jan 7 1% Dec 29 3 *2% *6% *89 14% *112 17% 17% *16% *102% 104 *102% 104 *31% 33'* 33% 10534 1053*. *104% 105% *56 *56 61% 61% 334 112 21% Oct 22 4 8D% *30% 1434 *88 Feb 18% 124% 124% *3% 112 92 S 1% % May 334 Mav 1% July 31 •% Dec 18 6 Wesson Oil & Snowdrift No par 20 4 J 4% Dec 22 " *90% 93 3:101% 101% , 102 I) 3%s. 30 79% 124% 130 *28% 29% 14% *88% 93 104 2 18' 79% 25% 104 69 70 62 .1972 J 1st mtge May 14 100 *66% 15 6,%! S 'Paullsta Ry 1st Jan 80 18% 70% 25% *90% 69 9->k 25 Wayne Pump Co. Webster Elsenljhr 1.666 10914 111 94 ♦iOl J 2 6% Dec 71 Dec 53 ...5 7% preferred 19 108 A 111 25% No par Waukesha Motor Co 100 2'? 130 19 3% Dei % May - 18% 18 78% *105% 107 *66% *2% *55 19% Feb Jan 9 25 18% 107 19% 37 118 Jaii 10% Jum 13% Aim 0%3ept 25 18% *105 *2% 2% *55130 *16% ' 78% 29 *103% 104 *11% 0% Nov May 35% Washington Gas Lt Co.No par 500 12% 3 26% Sept 2% Feb 19 5 ."..No par Warren Fdy & Pipe 1.200 *13 *55 38 Jum 10 % De.UO ~l%June 13% Apr 19 No par 53 preferred 800 *17% *90% 90% 104 18i» 32% 37 17% 1334 11% *37 — 23% Mav 101% Deo 18% May Sept 18 15% Sept 18 ,.-2% Dec 29 -/ {WarrenBrosCo-^.iiiiVo par 1.580 22 17% 69 79 31i2 *21% ♦12% *66 %> 78i2 *30% 22 17% 69% 18% *124!4 130 *28 29'2 22 53.85 preferred 800 % % Warner Bros Pictures.... 60 13% 20% *102% 104 25 25% 16% 3 2% 38 *19% 112% 112% 14 % 24% • 90 14 22 19% 104 '102% 104 14l2 6 is 93 104 113% *16% 17% 1714 130 *55 113 *10212 104 14 130 ♦90% -*102% 104 21'% 74 74 •% % fi8 - 75 12% 12% *19 -I *73% *17% 12% *2's *55 18 13% 12% 75 38 *38 18 1734 1212 22 2134 5% 534 *72 % 22% *38 17'- 75 *72 OHi V 21% 39 *38 57> 534 75 : 22 21 57s 36 zl»% Feb 13 ' "5%' 9 25%Miy3l No par Ciasa. 7% prererred „ Dec 3 No par W Ltd No par Ward Baking Co cl A..No par % 18% 9% Nov o'« May 4 % 1«'2 Ma. 15% Dec pref with warr....100 Div redeem pref 100 4 *3% *17% 9'8 Apr 6% Dec 12 ar ..No par Walk(H)Good % 58 58 bp lib Jan 3 105 100 Walwcrth Co 700 18% 62 I03?i .1965 MA' 1st mtge 4s..^ 1st A ref mtve 3s Walgreen C ) 1.300 ♦19 5894 5394 4594 4594 Jaii 5 Feb 15 Wabash RR pref w i.. 2.200 1838 " 18 42 94 4,2 Ap' Nov Dec 23 89 ' 4 % *313 18 120 68 4 Nov 33% Feb 29 ...10U .... 120 36% Jum Jau 42 3')% Dec 29 25 100 6% preferred....... Vulcan Detiiiuiag Co 200 4% 54 J Ore Short Line lstonsg5s... .1946 J 19 ■ 6% dlv partic preferred-100 *""806 33' 4 4 94 51 66 Od 66 WaiajrlSysteui_......A« 15% *15 3.594 66 94 4s.. .1948 J gu g Ohio Edison 1st mtge 4s 39% Mar 22% Jum 45 7% 4% 33% 15% *15 70 Oklahorn'a Gas A l/lec 3%s... .1966 J 100 *100% 101 4794 42 4 0 Feb Aug 20 Preferred... 18% 76 94 3694 52 (Minn) 1st A ref M 3'^8—.1967 F A (Wise) 1st mtge 3^8 ..1964 1/ ^ 1st A ref M 3s series K-- *7i.i 65 -4 Northwestern Tcleg 4 'As ext... 1944 J 43% May Va El & Pow 86 pref-.-jVo oar 2.600 4 132 Northern dtates Power Go— Dec May 10 27% 8094 71 1% 42 H 40 Ref A impt 4^s series A... .2017 J Ref A impt 6sseries B..... .2017 1st A ref intgc 3 .26% 6694 70 4194 Jan 128 136 74 94 42 94 E 2047 Q impt 5sserins C 76 4 56j4 45 74 A 1907 Q ....—.1997 q 3s.. —Jan 2047 Q Gen lien ry A Id g 3s registered w 7% 83 46'4 45 North Pacific prior lien 4s . *7' i 67 '■ Dec Mar 2ft 160 *130 115 105 ♦Certificates of deposit.. I8% Nov Jum 30 50 123 113 106 10394 107 0 A pi 12 2,000 96 *93 117 113 12594 12994 10794 can¬ A pi 66 1,600 17% 119 57 4 57 39%June 5 Victor Chemical Works 400 24% 103 57% ..100 5% preferred.. 24% *15% 17 *15% 29% 91% *125 *1% 24% 115% *115 34 91% - 1% 24% 1% *24 115% *115 29% 91% *85 9234 *130 29'< 29'j 29't 29*4 *80 115 2434 103 H 104 *95 A —2047 25 July 10 116 J 01 % 0 Ref A 70 Jum 103 *111 if S 1974 Ref A Impt 5s series D......2047 Vlcks Shreve & Pac Ry...l()0 Vlck Chemical Co.,4.. 200 85 89% 28 111% Dec 18 100 7% 1st preferred 55 85 4)% 4 108 103 \ 103 1974 _ A cellation of guarantee).... 1945 A Nov Mar 17 20% Aug 5 77 127 A 1C3 % Dec lu No\ '6 15 28 103 H A Ap' V May .13434 Jum % Aug 28 Dec 3 34% Jau 12 *115^ A J*'1 Jar Apr 49% May 80 41 55 *50 Van Raalte Co Inc 31 9 8% Dec 18 Van Norman Mach Tool. .2.50 200 2 Apr 18 15% Dec Vanadium Corp of Am.No par 2.000 113% 113% *4 5 *4()l2 15 100 Preferred 40 23 198.1 10% 22% ■ No par Vadsco Sales 500 *% *22 '2 107s 10% *22 7 25 19»2 1078 19 19'i 19'i 5ie Jan 28 26 29 127 A *' Ohio Connecting Ry 1st 4s... .1943 M 7 12'4 2 5 34 A 2% 63% Jum 59 1294 26 *'0&.A ') 234 45 Oct 31 Universal! 1. it ares 1st pref.lUU '26 2'iH V ^s_..... 1949 {5*Og A L Cham 1st ; 20 A 60 12% May v , 10894 11094 10494 101 103 23 A v 39% May 41 Sept lfi 16% Jan 10 43% Nov 12 140 May 20 294 694 109 11294 HO A pi 130 Dee 1 1% Jan IOS',4 11194 4 109 3A 101^ 314s-.—.".i...Z.195' {N vrthcrn Ohio Ry— ♦1st gtd g 5s..—.—. ♦1st mtge g 5s (stamoed 76% Nov May 29% Dee 42% Jum - Jar 67% Nov 103% Mac 1% Jan 7u Dec 18 "356 Jan 13 95 108% io5jf O 103 % *73% Dec May 42 a 333* Jan 13 130 117 39% May 60 ft 105% Dec 10 1*4 41% May 68% May 70% Jan 29 69 Unlte d Stores class A 151 160 Dec 22 15 , 103%Sept U 65% Apr 4 100 - United Stockyards Corp 15% 2:49 *147 43% Dec 18 Dee % Mav 2% July 23 28% Sept 17 Dec 29 200 44 44'2 43 % Dec 10 13% Dec 29 58 500 111 a V *14'2 51 22 No par Preferred.. 1.000 *148 51 20 7% preferred 51 51 18% Apr 12 10o U S Tobacco Co. *43 51 Apr r.'..No nor U S Steel Corp 29.900 22 Apr 39 Sept 24 15'4 1694 6194 4 F- A Debenture May 27% J line 50 119 74 2134 Jum Preferred.. 22 53% ' 34% Feb 7 40 54 8 Apt !234 A up 31% Aug" 2 U S Smelting Ref «fc Mln—50 119 7% May •;i"i 109% " •25% Dec 29 -.10 22% 6 10894 9 • 10SH I°3H 5s...../1961 North Amer Co deb 3 Apr 20% Dec 26 8% 1st nreferred *22 28 10 ....1 U S Rubber Co 54% 54% 118% 110 Dec 38% lmpt...ATo par tU ri Realty 17.400 100 15 *14'* 5034 72% 51 9i<t 9ia 7H 16% """800 16% 72 71 44'2 *43 *1412 *23% 35 3% Mav 48 4 26 ♦Ctfs of den (issued by reorgan¬ 182% May ■4 20 Card Co U S Plywood Corp U S Playing 100 Oct 105 ! High 105 31 13 A 91 ♦Certificates of depcslt ♦Ctfs of dep (Issued by reorgan¬ Nov .14 n Low 38 *75 A S 1 {{♦Norf South 1st Aref5s.....l961 Dee 25% July May June 12 .4% Aug 13 10%S"Ot 16 5% Apr 24 54% Feb 24 .100 U S Pine <t Foundry 1,900 24% 27% 25 17 51 '8 '"it % *8 *42 22% 46'* 27% 2% Dec 21 No par Partlc & cony cl A...No «or Prior nreferred 72% 78 16% *70% 72 *46 47% *»u »'n 51% *70 *22% 227s *L%« 71 50'* 49% 70 24 *70 70 72 , ' 7s 17 55'4 54% HQ's II934 5412 5312 5334 5314 117*2 11734 1 17% '8 1738 16% 67i2 67% 41 47% *68% '24% 6,000 105 *98 27% U S Leather Co. 1.400 9 8% . 233, 23r>8 3% 3*2 3% 9 - 106 *98 *96'2 103 *27 ■ 13 A 4^S.M946 J 11 May 2*4 Mn\ 9i8June27 1941 N~> 503H *2 A 1967 I Y West A Bist 1st Niagara Falls Power 3^8—...1966 M 12% Junt Jan 14 69% Jan 183 Apr '23 4% Feb 17 for Year -1 An- °7 Jau U S Hoffman Macti Cnrp..V_5 convnreferred.....50 O ajco 31SA 31 31 % — May 7% Dee July 19 19 37% Dec 23 170 7 May 3% 80 93% Oct 24 914 Feb 1Q 7% Dec 20 ...20 7% preferred.. 3 9 July 28 Range 32 Asked 'tin'- 105% J t § *N Y S usq A W 1st ref 5s 1937 J §*2d gold 4 Hs ......1937 A ^♦General gold 5s.:........1940 F 4 ♦Terminal 1st gold 5s....... 1943 MN Jan 118 - Dec 29 A Low (Con NY Steam Corp 1st 3^8... ...1963 Debenturet 4s—............ 195: 4012 *34i» Bid Dec 15 '■ 4% Sept 2-% Dec 27 US Dlstrlb Cirpconvpref.lOO U S Freight Co.... No par 46% Jan 22 Jan -?5% Mai 0% TVr 107% Jun' 10% Jan 15 2% Dec 27 83 No "ar 86 *10% 5% '5% May 79 var *83 63., 6% 42 Ma- 6 2% Mav v Apr 65% Mat Her Dec 26 United Panerboard........10 600 170 Pri e Niagara Share (Mo)'deb 5^s.. 1950 If N 3% 463., 7% Sep' 103% Dec 10 8% Apr 25 1 -3% 1747s 5% July 24 60 ar No oar United Mer & Manu Inc 2 26% Nov 21 shaft per 334 Ma< May 29 4% Dec 23 ...5 ..Nn thar< per 3% Sept 10 51 3 % A or 21 United Gas I'nprov't.-.Vo nar 100 106 106 United Em? & Fdy United Fruit Co 3% 10% 10'ji 46'4 1747« *167 6«4 2.800 14.000 3% IS'2 *6% 69% 5% $ share per 6%Sept 18 20%Mayd6 United Electric Coal Cos....5 3% *L7'4 10'« 100 32'69% 5% *31% 500 S 1-% Dec 29 100 3% 86 45.% 4512 *167 1 43, 4'o shar< per Corp..... 10 Preferred.... 3% *83 10 4434 443,v 44% 170 United Dve^ood 2'0 *3% 18'* "■ 900 49 314 85 *1714 10% *9% 44% 170 -. Friday's Highest Tjgmst Highest 2%June 39 5 3-34 ?31 3U 334 *3 United Dru? Inc 25; *2% *45 % 'V-'v../'..Par 9.201 6 5% 49 *46% 49 __ Lowest Shares $ per share 6'8 2'2 4 is 4I0 41° 4% 4i2 412 413 4 '2 4*4 *3 lu 32% *3112 3212 3238 323s *3112 32l2 33 67'2 6812 67l2 70 71 '2 72 70% 71 67'1 5% 511 5is 5*8 5U 5«8 5U 538 5M 106l2 *104 106i2 *105^2 10612 106% *104l2 106% *104 1338 1312 133s 1312 13l2 1312 1312 13' 13% i I -hC, c 16 Range or Sale Y. STOCK EXCHXNGE Rdilroad & In J-jv. Cos. $ per share $ per share share 5*4 2*4 5 ^-EXCHANGE the s Last BONDS N. Week Ended Jan. Tree* 16 ■Jan. 15 Jan. 14 Jan. _LFrida'tL T vursdm Wednesday STOCK YORK Range for Previous Year 1940 Ranpc for Year 1941 On Basis of • 00-Mare Lots STOCKS Sales SALE PUCES HIGH AND 119 94 108)4 117 120 94 \ THE COMMERCIAL & FINANCIAL CHRONICLE Number 4035 Volume 155 291 NEW YORK BOND RECORD Friday Range or Sale Friday's Bid & Asked eq c<3 Low High No. Low High 81 106 89% ££ ' Week Elided Jail. 16 Last S'C EXCHANGE N. Y. STOCK Mice Railroad & Indus. Cos. (Cont.) Port Gen Elec 1st 4%s... ^1960 M S 1st 6s extended to.......-.1950 J 80 H — improvidence guar deb 4s._1957 107H 108 4H 2 85 *66 % 10 J % J 6 15 4 % N. for Year Week's Last Range or Range Sale Friday's for Year C SJ Price 77 4s (Cent Pac 4s registered 109 % J 103 H 103 59% 53% 53% 48% 449 44>-. 53% 310 40% .17 55% 55% 52% .52% 51% 51% 53% 487 39% 51% 53 721 84% 85% 563 39% 48% 82% 85 66 71 88 65% 03% 65% 1117 56 86 Low s f 6 %s series C. 1941 v High No. Low High 33 9% 9% 33% 70% 91% ♦Sec 55% 82% 85 Range for Year gS Asked <fc •[[♦Un steel W'<? Corp 6%s A. 1951 J D ♦3%s absented A ...1951 f D 57% 55% 55% 51% 85 Bid ............ . .... ; _ _ . . . 52 34% .1951 J D ♦3%» assented C... ♦Sink fund deb6%s ..1951 20 Utah Lt <fc Trac 1st A ref 5s....1944 Utah Power & Light 1st 53 J 1944 F 94% 94% O vfo 101% 101 101 % 101 ./ A 101 101% 25 20% 6% 21% 91% J D A...1947 J ♦3% assented A......... 1947 J United Stockyds 4%s w w—.1951'A ser 31% 33% 33 98% 98% 104% 98% 105% 108% 111% 103 H 461 52% Gold 4 %s....... 224 108 % 60% Price s Range or Friday's Sale Railroad A Inlm. COi. C7?ucf. High m'S 10-year secured 3 %s. 0 No. Low 1968 M s 1969 WN Gold 4 %s. Pub Serv of Nor 111 3Hsu. —-1968 A High 37% IS -So. STOCK EXCHANGE Week Ended Jan. 16 1941 .1981 MAT .1946 J ./ San Fran Term 1st 4s——. 1950 4 O 5% 218 *217 Asked & 57% 58% 1949 1st 4%s (OregonLines) A...197.7 87 D Bid Low ooll)— 1949 J D Gold 4%s._._ 153 ./ S2, Week Last BONDS N. Y. Southern Pacific Co— 109% 112% 142 • Railroad & Indus. Cos. {Com.) 97% 2% 87 109% ./ v. Week Ended Jan; 16 105% 107% 107 110% 90 fits BONDS Y.JTOpK. EXCHANGE 1941 1 94 H Term 1st 4s.-.-.1956 M S 1st & ref mtge 8s. o 106 J 1st & ref tntge 5s....— eS « • 106 \f N Public Service El & Gas 3'4s..1968 J —.2037 .....2037 Range J Potomac El Pow 1st M 3Ms..-1966 J Pressed Steel Car deb 5s1951 J ^Providence Sec 78 H I; Friday Friday © sr Week's I?© BONDS Purity Bakeries 1948 f deb 5s a J So Pac RR 1st ret guar 4s.... .1955 106 1st 4s stamped 91% 91 1 Reading Co Jersey Cent coll 4s. 1951 Gen & ref 4 J J J O 65 395 56% 65% O 83% 86 156 74% 84% y Devel & gen 6%s..........1956 4 Mem Dlv 1st g 5s.......... 1996 O 64% 84% 89% 63% 4 90% 136 78 89 Devel & gen 6s ■ T .....1955 T Southern Ry 1st cons g 53....1994 J Devel & gen 4s series A 1956 R series A. —. 71 H 4 1997 J 81 1997 J Gen & ref 4 Ha series B Remington Rand deb 3%8-.-. 1956 J 45 50 72 65 75 84% H 80% 81% 24 75 98% 100% 5 100 103 103 H 103% 104% 39 105 105% 0 104 104% IS J St Louis Dlv 1st g 4s... 84 98 H 81 • Republic Steel Corp 4 Ha sor B. 1961 F Pur inon 1st M conv 5%s..„ 1951 M N Gen mtge 4Ha series C..... 1956 At N 71% 81% 69% 89% i6i" 99 99 Revere Copper & Brass 3%s... 1960 M N J s f 7s.._... 1946 J 1946 J J 2 102% 101%, 103% 105% 102 I0f>% J ■35% ♦Direct mtge 6s J J 104% 105% 107% 101% 102% 108% -.1953 M.V Swift & Co 2%s debs......... 196! I/N 6 5% M N 1952 M N 102%" .........1953 With decl aration F A O 17% 6% ...... ♦Cons mtge 8s 1955 7s..:.—1955 s f {{♦Rio Grande June 1st gu 5s .1939 {{♦Rio Graude West 1st g 4s..l939 ♦1st cou & coll trust 4s A... 1949 Roch Gas & El 4Hs ser D. Gen mtge 3 Ha Gen mtge 3 aeries II —1977 1967 1967 %s series 1 F *103% Term Assn St L 1st 9 J ./ 44 4 O M ,S S 102%l 102 90 105, 105 3s debentures 1965 4/N 131 110 A O J J 6 6 8 J J 6% (»% 5 Gen & re 110 Tex Pac Mo Pac Ter 5%3 A...1964 M S Third Ave Ry 1st ref 4s 1960 J ♦AdJ income 5s ..Jan 1960 A § ♦Third Ave RR 1st g 53 ..1937 J 31 108% J O 39 2 "l 105% 29 103 *100 64% 13 64 65 91 56 26 56% 74% 96% 104% 2 57 % 138 46 10% 17% 64% 102% ■18% 787 ♦Ref gen 5s series B 11% 24 99% 101% 100 J 1996 1996 St Lawr <fc Adlr 1st g 53 2d gold 6s - A O 94 J J ♦107H % 11 95 I00^5» J J *37 60 53 *35 93 60 64 Trl-Cont Corp 5s conv deb A..1953 J St L Iron Mtn & Southern— UN 73 H 53. .1948 J J 1st mtge 5s 1959 M S 35% 33 35 % 107 84% 83% 84H 32 1933 ♦}Rlv & G Dlv 1st < g 4s ♦Certificates of deposit {♦St L Peor & N W 1st St L Pub Serv St L Rocky Mt & P 5s stpd... 1955 J J 1950 ♦Prior Hen 5sseries B.. ♦Certificates of deposit ♦Con M 4 Ha series A 1950 pr 303 Y"j 13% 13 % 14% 3 12% 14% — 67% 12 H 74% 41% 83% 55 9 86 8% 336 9% 14% mi 14% 576 9% 14% 47 9% Gen mtge inc 4%s series B..1901 J Nov 1989 J {♦1st term <fc unifying5s....1952 J ♦Gen & ref g 5s series A....1990 J 81 H 43 82 H 59 82 H 69 12 35% 40 130 17% 20 % 18H 20% 155 9% 1968 J D *77 1959 F 8% 9 5 100 J 38 1970 A *124 1952 A 4% United Drug Co (Del) 5s... 1953 M S 11% 93% U N J RR & Canal gen 4s... 1950 1950 A .0 .4 O F A 1959 A U i.' 14 14 % 8 12 H 12 % 13% 69 1% 1 6 1 6 28 % % 5% AH 2 3% 2% 7H 7% 8% 234 4% 7 6% 7% 109 3% 10% ♦Certificates of deposit cons 6s series A..._ 1945 M S ♦Certificates of deposit..... ♦1st }§*Atl & Birm 1st gu 4s...1933 {♦Seaboard All Fla 6s A ctfs...1935 M S 17 A 1954 J Shell Union Oil 2Hs debs. J 4% "97" 17 97% 99% {{♦Sileaian-Am Corp coll tr 78.1941 102 H 101% 102 .17 102% 102% 105% Socony-Vacuum Oil 3s debs...1964 105% *115 South Bell Tel & Tel 3 Ha. .... 1962 107 3s debentures • J - - 3 4 «. ~ ^ - 105% 1947 107% 6 105% 106% 19 105 1979 105 wyyyay and deferred footnote In the week In which "'. v t May .Nov delivery sales they occur. Last Week's Rangt 82% I 1.6253 105 1944 MN 1944 MN 100% 3 of Prices Low High *100 102 100 i...."c.Nov 1945 MN *100% 101% 100 21% Air Associates Inc Air investors Low 390 16% 103% 101% _ — *100 .Nov 99% 101% 2.05s. .May 1.1910, MN *100 2.10s. .Nov 1 1949 MN *100% 54 2.15s. .May 1 1950 MN *100 2.20s Nov 1 1950 MN 100% 27 2.25s -May 1 1951 MJN 85 2.30s Nov 1 1951 MN 2.35s. May 1 1952 MN *100% 101% 101% *100% 101% *401% 102 101 *100% 100% 102% 101% 101% 101% 100% 102 99 104% 101 104% 103% 107% 119 122% 108% 109% 103 109% 104 106% 2.40s... .Nov 2.45s.———May 1 1952 MN Nov 1 1953 MN 2.55s —May 1 1954 MN 2.60s Nov ;_May 1 1954 MN — 2.50s— 2.65s 1 1953 MN 1 1955 MN AND 93 97 161 36 1 70% 74 8 100 31 38% 65 73% 106% 108% 122 *121 108% 122 110% 90% J 101 110% 90% 111 7 91% 58 7 103% O 100% 101 103% 128% 107% 110% 109% 87% 97% 5 108% 112 111 3 114 112% 95% 104% 103% 107 26% 27% 77 15 26% 26 27% 132 15 • 30% 29% 52 71% 73% 85 74 101% 100% 48 48 49% 46% 46 47 D 101% 86% 89 86% 100% 101% 68 3 27 15 I J 16 58 39% .2361 J 56% 5 39% 3s .1955 J — 3% J 102% 52 1960 J 94% 105% 100% J J 112%. 115 92% 96% 103% 107% 102 104% miAi- Y1A 94% 105% 1947 4 O 1949 J gen 4s... 101% 105 102% 95 33 ' 105% 100% 9 120 1 114 *113% 9% 40% 37% 30% 9% 109% 9% 109% 108% 108% 43% 26% 42% 13% 6% 13% 8% 108% 111% 106% 110 2 *12 " "To 9% 39% 37% 115 27 5 J J ♦Certificates of deposit. §*Su & Du dlv & ter 1st 4s..1936 MN ♦Certificates of deposit Wisconsin Elec Power 3%s 1968 AO 40% 2 & Conn East 1st 4%s..l943 J 109% 13 9 12% 12% 101% 100 100 100% 101% 100% 100% 103% 96% 103% 101% 100% Deferred delivery sale not included In the year's range, n d Ex-interest, e Odd-lot Un;ler-the-rule sale not included In the year's range, r Cash sale not Included In the year's range. § Negotiability Impaired by maturity. 1 The price represented is the dollar quota¬ tion per 200-pound unit of bonds. Accrued Interest payable at the exchange rate of 31.8484. 100% 104% 100% 104 100% 104 { Corn males reported as being In bankruptcy, receivership, or reorganized under 100 102% 103% 100% 104% Section 77 of the Bankruptcy Act, or securities Assumed by such companies. 100 * 103% 100% 104% Friday's bid and asked price. ♦ 101 102 101% .1960 UN a 103% *103 .1948 M S 1st, mt.ge s f 3 %s ser D sale not included In the yaar's range, 103% 100% 101% Cotiv deb 4s > Bonds selling flat. No sales transacted during current week. f Trail ig suspended effective Dee. 11 in all Issues of German, Italian and Japanese bonds. The Bulgarian and Hungarian iRsues were suaoended on Dec. 18 104% YEARLY RECORD or STO&KS-' Week's Range of Prices >. Low ' High Week Price Range for Year 1941 Low Par 2% May % Mar 2 % Oat Oct . Jan Aluminium Ltd common,* Apr Feb Hs 75% 100% 200 % ,% * 10 26 Nov Jan 'n 91 18% 4 Altorfer Bros common.-.* 3% 3% Range for Year 1941 for Week Shares 200 Low High Deo 3 10c 2 Apr Common class B Dac $3 preferred $5.50 prior pref.. 22% Jan 4% May ®ti 10c 21 5% Nov July 1H May '« Aug Dec 11% Mar 59% Dec 68% Jan 10% Dec 28% 26% Feb Dec 6 -* * Amer Clttes Power & Lt- Jan Sept on Dec Apr May Price Range American Capital— Feb 1% 14 "22% "22% ."*"50 Class A conv com.—-25 of Prices tow High Amer Box Board Co com.l 1% Week'e Sale High Class A com Aluminum Industries com * 1 92 Allied Products (Mlcb). dates Last .STOCKS (Continued) Sharet 200 * - Friday for Salt Jan 6% 100 Jan / saie» Last Par July Jan a It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬ bond, in which any dealings have occurred during the. current year. Jan Sept 200 120 23 shown in are ' of the transactions on the New York Curb Exchange for the week beginning on Saturday 1% 7 Dec Dec Dec — 89 93 week's ranf.e unless they are the only transactions of the week, and when selling outside the regular weekly range 12% 3% Alabama Gt Southern..50 2)3. 97 51% 87 91 Youngstown Sheet & Tube— 100% 2.00s. 8% 6% 4% Alabama Power Co $7 pf.* pije 92 77% 100% 102% 22% 100 . For footnotes sea 144 95% 42 Conv deb 100% 102% 100 103% 100 102% 100% 103 Doc 20 S6 preferred Mar "200 96% 6 *95% 95% 102 100% 1947 MN 1 1948 MN High 5% 95% 84% 102 100% Nov .May Friday 7- 96% 15 83% 84 23% 88 100 *100% 100% (Continued) Shares Conv preferred.—. Warrants... 59 47 84 100 *100 4% Range for Year 1941 4% 1% 76% 46 86% 84% {♦Wor 1947 MN 101% 1 1948 MN whether stock 5% 4% (NJ)-.l 120 75% O 1951 J 102% 1946 MN 1.95s. disregarded In the are 20 common...2 36% 75% 28 83 — 100 May S3nonv preferred 20 J 1943 A .. Wise Public Service 3%s.—_ 1971 J Nov Alliance Investment common.10 35% 46 D Winston-Salem S B 1st 4s Allied Iatl investing— Mfg Class A .1 Class B —.1 Ainsworth Mfg common..5 . 1C % 101 1946 MN Alles & Fisber Inc com—* Acme Wire Co 26 I) {♦Wis Cent 50-yr 1st 00% 100% May „.:i.90s— 4% Week Aero Supply 20% 7% 20% 10 25% 35% H S 1954 J D Wheeling & L E RR 4s... 1949 M S -Wheeling: Steel 1st 3"%ssefB:. 1986 MS 100% 101 1945 MN 1.85s 17% "39 25% 26% 24% 23% 23% 22% 22% 23% 85% West Va Pulp & Paper 100 1.80s—.. V .. Registered.. 99% 100 99% 100% 100% ..... 1.75s....... . 26 26% With declaration. *99% *99% 100% 50 24% 2000 F A West Shore 1st 4s guar...... .2361 95% 108% No account is taken of such sales in computing the range for the year. for Sale Price 97% *99% 100% 24 26% 78 May 1.50s Sates Friday Par 65% -May 1.375s 74% 24% new york curb exchange tended to include every security, STOCKS 71 *99% *99% 25% 52 WestinghoURe El & Mfg 2%s.. .1951 UN H♦Westphalia Un El Power 6s. .1953 I J 102% 107% 104% 107% ...Nov 1.25s..... 15 15% 1% 7% 6% 9% 8% 1942 MN 1943 MN 1943 MN May and ending the present Friday (Jan. 16, 1942), (Jan. 10, 1942) 70 1942 MN Nov .8753.... In the following extensive list we furnish a complete record last 107 94% *104% 10 83 Wilson & Co 1st M 4s A. .753.: •: WEEKLY NOTICE—Cash 97% 107 97% 27% 27% 1960 M 8 25-year gold 53— 30-year 5i 114% 110 112% 96 100% 96% 101% 105% 5 101% South & Nor Ala RR gu 5s..:.1963 Southern Colo Power 6s A 109 105 70 26% 74% 7% 21% 7% 20% 7% 8 36 S ser A— 1946 M S ♦5s assented—— 1946 M S ..... Western-Union Teleg g 4%s__. 1950 M N 101% 107% 37 45% 97 F A 1950 : 10 31 *98 % 1952 Simmons Co deb 4s O 80% 30% 23% 31% *25- {♦Western Pae 1st 5s 107 110% 10 D ♦biomens & Halska deb 6H8..1951 U S ♦Silesia Elec Corp 6 Ha 1946 F A JShlnyetsu El Pow 1st 6H»---1952 2% 2% 94% West N Y & Pa gen gold 4s 8 4% 101 101% ■ 80% 4 *99 % 1st & ref 5%s series A...... 1977 J 109% 113% 109% 97 26 1955 4 .... Westchester Ltg 5s stpd gtd— 1950 J Gen mtge 3%s....... 1967 J 90 5 29% J J 1961 2%B8f debs.. 97 H 83 4 3% i J 3 17% / F 1935 F A ♦6s Series B certificates Skelly Oil 3s debs 7% 8 4 98 97% 1944 M S 102% 103% 121% 124% 8 15 l 1.125s. Oct 1949 {♦4s g stamped ♦Adjustment 5s_. {♦Refunding 4s 20% 101% 109% 61% 61% 30% 37% *30% 26% 26% 25% 25% Washington Cent 1st gold 4s.. 1948 QM 1945 F A Wash Term lstga 3%s. 1st 40-year guar 4s 1945 v A UnltBdlStates Steel Corp—- 1.008 {Seaboard Air Line Ry—{♦1st g 4s unstamped.. 7 :■:' O 1971 UN United Cigar-Whelan Sts 53 Serial debentures . 1989 UN 6s debentures. Warreu RR 1st ref gu g 3 %s. 107% 101'V. 101».-} 1980 J D 1955 A O 2 5% 70% 7 10 1947 registered. 1 34-year 3%s deb--...--.. 35-year 3%s deb : Ref mtge 3%s ser A...... 110 — Scioto V & N E 1st gu 4s. 10 99% * 3Hs. 1970 M 8 Santa Fe Pres & Phen 1st 5s—1942 M S San Antonio Pub 8erv 3 3 % {♦St Paul E Gr Trk 1st 4Ha... 1947 J J {{♦StP& K C 8h L gu 4H8..1941 F A S A 4 Ar Pass 1st gu g 4s::.:.1943 / J {{♦Warreu Bros Co deb 6s...1941 M S 93% 102% 111 110% A 1947 J 3s debentures 81 78 82% 3% 86% ' Union Pacific RR— United Biscuit 3%s debs St Paul & Dul 1st con g 4s Warner Bros Plot 6s debs.....1948 M 59% O 41% 22% .60 97% 8 A 64% 39H H 37% 60 J J ♦2d 4s inc bond ctfs 44% 8% .V/N A 4s J 1955 A O Walworth Co 1st M 4s.. 48% 103"" 1945 M S {§*Uulon Elec Ry (Chic) 5s... 1945 80 J 1966 / 3%s series I Western Maryland 1st 4s...,. 1952 A Union Oil of Calif 6s series A.. 1942 F 15% J A*—.....1971 J 1st mtge 1971 60 "26"" West Penn Power 1st 5s E—. 1963 1st & land grant 4s 1989 UN 108 MN 1952 F A f 7a Union Elec Co of Mo 3%s {St Louis-Southwestern Ry— 1st 4s bond ctfs. sec s f UJigawa Elec Powers f 7s 16% 13 % 102 *104% 31% 30 .1980 AO ♦Ctfs of deposit (assented) U 16 14 H 1978 ♦Ctfis of deposit stamped— ♦Guar 15% 15% 16% 9 *100 J 13 103®32 104% --- f*Tyrol Hydro-El Pow 7%s..l955 75% 25 39 56 H 133^ 13H 14% 13 H 13 64% 74 % *52 J J 36 74 H 14 H lien 4s A ♦Certificates of deposit {♦St L-San Fr 73 H *72 gu *81% *10U%2 178 "25" ♦Ctfs of deposit (assented).... 88% 70% 89 89 89 4 0 Tol W V & Ohio4sseries C....1942 M S Toronto Ham & Buff 1st g 4s..1946 J D Trenton G & El 1st g 5s 1949 M S 70 O 7D Tol St Louis & West 1st 4s.... 1950 85 97% 107% 112 A 26% 25% 30% Tol & Ohio Cent ref & lmpt 3 %s 1960 41% 31% 27 D 38% 37% Gen mtge 4s series A.:.....1981 J ...1953 J With declaration 80% 80% 35% 35% 70%' 4 *37% 1976 FA ♦Ref & gen 5s series D 65 9% 1st 68 dollar series 44 2 179 *69 1st mtge 4s series 9 109% *69 ♦Ctfs of deposit (assented). — ♦Ref & gen 4%s series C....1978 AO tTokyo E'.c tri) Light Co Ltd— Saguenay Pow Ltd 1st M 4Ha. 1966 St Jos & Grand island 1st 4s.. 1947 "40 ' J ♦Ctfs of dep (reorg mgr)..1941 {♦Wabash Ry ref & gen 5 %s A .1975 M S ♦Ctfs of deposit (assented) 75 102% 53% 55 84% 85% 40% ♦Ctfs of dep (reorg mgr)—... § ♦Toledo & Chic Dlv g 4s 99 -64% 102% 84% *Ctfs of dep (reorg mgr).i—. g term 4s 1954 J ♦Ctfs of dep (reorg mgr)...... ^♦Det & Chic Ext 1st 5s ♦Ctfs of dep (reorg mgr)..1941 102 64 "76 106 38% ♦Ctfs of dep (reorg mgr).. 1939 § ♦Omaha Dlv 1st g 3%S—.1941 78 102% 74 65 108% §»Des Moines Dlv 1st 4s 87 94% 102% 107% 102% 107% 64% 101% 72 83 84% 1939 F ♦lst lien 108% 113% 108% 112% 64 102" 91 - 71 108% ...... §42d gold 5s 104% 102 *88 71 111 111 108% 112 54% 69 84% 90 69 *62 J O .....1939 MN metis of dep (reorg mgr) 166% 110 W {Wabash RR Co— §♦ 1st gold 5s 99% 108% 57% 75% ./ D O 1979 4 O 1980 J D C—i 5s series Gen & ref 5s series D 110% 16% 2% 3% 101% 102% 102% 106% 103 105% 100% 109% 123% 128% 102% *87% 104% 104% Texas & Pacific 1st gold 5s....2000 J Gen & ref 5s series B 1977 1 107 121% J 18 8% 7% 10 110 109 110 Virginian Ry 3% series A....1966 MS 13 103 O 1953 <4 7 27 102% A Company 3s deb 68 12% 17 Ref & lmpt mtge 3%s ser B11974 Texarkana & Ft S gu'0%3 A...1950 - 109% 109% 11% 108% 109% Texas & N O con gold 5s......1943 *107 29 109%i 109% 50 *108H 11 10 J 35 *109 121% J 36 45 15H H 14H Va & Southwest 1st gu 53.....2003 J 1st cons 5s...—i—»_1958 4 104% 109 30 36% 102 A 48% S M 45 19 104 1953 35 *44 M 5s cons f g 4s s 131 D 81 109% 112% 103% 1944 Texas Gen mtge 3Ha series J.....1969 M S I Ark & Louis 1st 4Hs.-1934 M S 1['Ruhr Chemical s f 6s.. 1948 {♦Rut-Canadian 4s stpd1949 {{♦Rutlaud RR4HS8tpd.._..1941 Tenn Coal Iron & RR gen 5s. .1951 26% •6% 86 72 11 , 26% 17% 102% 107 193% 78 Vandalla RR cons g 4s series A. 1955 * A Cons s f 4s series B—— ...1957 UN Va Elec & Pow 3%s ser B..—1968 M S Va Iron Coal & Coke 1st g 5s.. 1949 «8 c-i Gen refund A 94% T 15 6 A Richfield Oil Corp— 4s s f conv debentures...... 1952 M S 5*Rlma Steel 1st 27 15 With declaration. ♦Cons mtge 6s 26% 14% 6% J 10 40 *101% 104% Superior Oil 3%s deb3 f ♦Rhlne-ftuhr Water Serv 6s..1953 ♦Rhlne-Westphalla El Pr 7s..1950 81 % 82 110 . J Stand Oil of Calif 2% debs..1.1966 F A Standard Oil N J deb 3s......1961 J D 2% debenture 1953 J J Studebaker Corp conv deb 6s..l945 J 33 110 62 83% 110% 106%: 106% 34 36% 89% "83"" D ... 96% 102 ^1 J , -.80 J 1951 J So'western Bell Tel 3%s B—1964 J 1st & ref 3s series C... 1968 J ♦Spokane International 4 %s..2013 I 28% IfmRhelnelbe Union *3Ha assented. ...1956 Aluminum Co common... * 6% preferred.., 100 Aluminum Goods Mfg...* 6% preferred — lOO Dec 111% Mar 103 Mar American Book Co.... 100 101 103 113 114 12% 700 Dec 100 12 ' 65 100 93 . Jan Class A Jan Class B—- Dee 85 93 Jan 118 Mar 4% "75% "77" """250 155 Dec 92 "l^SOO rl08% 12% May Dec 18% 7% Sept 76 20 . Dec Oct 99% 3i»- Nov American Beverage com._l Dec 102% 113% 12% -.-——25 13% 11% 13% 11% Sift —.1 25 50 J 300 10 % Feb Jan 35 Amer Cyaaamld class A. 10 Class B n-V—_— 9% Dec % Nov - 37% 37% 40 20% 21% 8,900 Jan 41 Aug 31 Feb 42% July 28 Nov Apr •u Sept 35 13% -25 Conv class A.- Jan Amer Export Lines com.-l Amer Foreign Pow warr 700 15% Apr 100 Hi Dec *u Jan • THE COMMERCIAL & 292 .. V ■■■■■.■ . . C Sfcj ~ it Tuesday, January 20, 1942 FINANCIAL CHRONICLE NEW YORK CURB EXCHANGE Sales Friday I STOCKS Last <Continued) Par Price Elec—-10 100 I f0 preferred- -—1 American Gas & % preferred Amer General Corp c<*m 4 '-i ■ • $2 conv 2% $2.50 conv preferred.—1 "29 % 17 Amer Hard Rubber GO—60 21% Amer Laundry Macli_—20 Lt & Trac com—25 6% preferred -£•> Amer Mfg Co common. 100 Preferred. — --1 — Amer 6.000 19% 100 Nov Dec ,2% 2% 600 1 100 25 Deo 30 29% 26% 29% 100 28 Apr 33 Oct Jan 17 17 100 15% 16% Feb Feb 26% Aug " 175 500 19%, 21% MOO 20 200 Superpower Corp com 1st $6 preferred..-—* $6 series preferred-----* Apr Feb 1% Dec 28% Apr Oct June 84 % May 32% Jan 85 Sept 8% Sept 3% fSi 4,000 %4 Dec 46% 100 42 % 47% 2% 2% 1,200 1% May Dec 100 2% Dec 3% com.* 2% 2% 1,100 2% ,1% Dec Mar 3% "is Dec 6% Dec f Angostura-Wupperman - .1 Apex Eleo Mfg Co com_ - Appalachian Elec Power" preferred——100 Arkansas Nat : 103% non-vot. 6% preferred.. ——10 Arkansas P & L $7 pref... Aro Equipment Corp 1 Art Metal Works com—5 Ashland Oil & Ref Co——1 Assoc Breweries of Can..* Associated Elec Industries Amer dep rets 40 103% 102% Dec 8 , Jan Oct Aug 3% July 1% Sept 12 Jan 108% Dec July Dec Dec 2 Apr 9 Nov 79% June 96 1 700 % 1 1 1,700 7% 7% 7% 1,800 % 6% 7% 3% 4% Dec 4% 5,200 Dec 5 3% Dec 10% June reg—£1 Dec 2 Class A 2% July 11% Aug 6% June 6% Jan 12 v 3% $5 preferred ■' Assoc 300 »»4 Dec % 100 *268 Dec % ■'si >64 - Dec % 1% —— Dec Laundries of Amer.* Nov Oct Atlanta Coast RR Atlanta Gas Co Jan 2 Jan Jan 72 May 108 Apr 110 Nov 1% pref---|00 Lt 6,o Pf-100 Atlantic Coast FisheneS—1 % Jan Jan Jan Sept 65 & Tel class A Birmingham & Assoc Tel ■ 3% 3% Atlantic Ccast Line Co.-50 200 3% 3 warrants— — Atlas Drop Fcrge com—5 Atlas Plywood Corp—... Auburn 25% 2% Apr 500 H 16% 5% Jan Sept Nov Jan 5% 11% Dec 2% May 200 I 17- 60 3% 25% Corp—-1 Atlantic Rayon 3% 16% % 400 5% 3 2,900 3,300 16% 75 13% Dec 2% 2% 800 2% Dec 5 13 Jan 15 2% 2% 100 1 Dec 2% f: 1 % May 2% Class A voting........* Class Bnonvot— * 100 Canadian Marconi Capital City Products Ayrshire Patoka Aug Class B- 6% 30 Carnation Co common.. . 150 42 111% 111% 35 10 108 * Carrier Corp common...1 Carter (J W) Co common 4% 4% ?: 700 5 3% 5% Casco Products....—.. Castle (A M) common.. ' 10 - — July 4% Aug Dec 4% Dec 17% July Jan Nov 16 Dec % Jan 36% Apr Sept 3% Feb 9 1 Cent Hud G & E com * Cent Maine Pow 7% pf 100 - 7% 27% 400 23% Dec 32% July 3% 32% 4% 33% 2,700 2% Dec 7% Jan 3% Dec Dec >>16 "l6 300 % Dec 37% 6% 1% 6% 6% 7% 300 6% Dec Jan 10% 150 Rubber Co com.l Steel.. Barlow & Seelig Mfg"— $1.20 conv A com 6 Basic Refractories Inc.—1 Baumann—See "Ludwlgr Barium Staiuless 30% Mar Cent N Y Pow 5% pref .100 11 Cent & South West Util 50c ■in 1 Cent States Elec com $1.60 conv pre!-. Beech Aircraft Corp 1 com—1 Bellanca Aircraft com 1 Bell Tel of Cauada 100 Benson & Hedges com.—* .Convpreferred Bell Aircraft Corp 3% 22 22 8% 15 2% 8% 14% 2% 225 9 15% 2% 1,300 3,700 1,000 111 109 32% 70 32% 20 4% 12% 4% 13% 1% 94% 23% 32 Berkcy & Gay Furniture. 1 % Dec Mar Jan Apr Dec Dec Dec Mar Jan % May 4,800 Blokfords Inc common...* 10 10 100 8 Nov $2.50 preferred * Birds boro Steel Foundry <fc Machine Co com....* 38% 38% 25 37 Apr 7% 3% 15% % 7% 100 —* Blauner's common 7% 5 Bliss (EW) common— 15% Blue Ridge Corp com... 7ie $3 opt conv pref—.. 34% 1 Chamberiln Metal Weather 33 5 15% 7» 34% 150 1,200 * * * Jan $7 preferred series A..* Feb S6 preferred series B_. 25 110 Apr 117 V 1,100 >i8 Dec -300 • $6 preferred BB 100 «»2 Dec Dec % 2% Jan J6 preferred... % Mar 3% ' Co.---.25 Bourjois Inc.———— Cleveland Tractor com Aeronautical...1 Bridgeport Gas Light Co Bridgeport Machine Preferred 25 1% 250 6% conv Colorado Fuel & Iron warr . 100 Columbia Oil & Gas...—1 38% Oct Dec 8% July Dec Feb Oct Oct 38% Jan 8% Nov Dee Dec 1 3% 41 % 5 Jan 4 : 900 »it 9% 2% 10 Dec • Dec 3,000 2% 48 450 , 52 50 4% "l"66 18% 6% 83% 7% Dec Feb 48 10 78% Dec 72% Feb Feb 7% 7% 6% Dec Nov 30 8% ""2% 3,100 20% 52 "2% 2% 1 10 52 2% i~66o 30 300 Apr Feb 1% 44" 44 13% 31% 13% 200 31% 10 50 Feb Dec 35% June 11 % May 30% Jan 10% July 11% 2% 50 4% % 63 14% Apr Oct Nov Aug July Aug Nov —1 Consol Biscuit Co Consol G E L P Bait com 7 Dec ord bearer £1 8 May Am dep rets eTdreg—_i;l 6 July ' * 'w British Col Power cl A. 15 Brown Fence & Wire com.l Dec 4%% series B pref..100 4% pref series C 100 Feb 1 preferred.—.: 7% 2% 7% 300 Dec 7 May v 6% Jan 4 -100 "l% "l% "~2% 32 32 1% 2% 60 - % 2% 60 he 100 10 2,100 410 24 > •' 1 Feb common.5 >2i« 1,200 > "150 18 Cont Roll & Steel 8% 5% conv 4 Dec 14 1% Sept Sept Mar ""34" Dec 46 1,700 12 Dec 91 100 85 Dec 19% Mar 99% Feb 10% 12% 2,500 9 Dec Aug Bunker Hill A Sullivan 2 60 Burco Inc $3 pref ;..* Burma Corp Am dep rets.. Burry Biscuit Corp. .12 %c 9% % % 600 % Dec Dec Nov 12% Mar 10% Dee 1 Jan »ie 1% • Vot trust ctfs Equity Corp ■ <". S3 conv com men.. I 1 101% 50c Cables A Wireless Ltd— Am <1at> 5%% pref she £1 For footnotes see page 295. % Feb % 13 Jan Feb 200 200 Jan Ap,r Apr ""125 27 Dec 5% 800 2 Feb 6% •80 Apr 98% 40 >18 9 28 Dec Jan Mar Sept 98% Aug 103" 98 "IOO 102% 105 75 108% 110% 19% 20% 350 1 Eversharp Inc com Feb 128 Oct 70 98 Feb 129 Nov 68 Feb 135% 67% 147 Oct Dec 24 Dec Dec 8 Jan 78l 16 % 300 15% 2% 16 2% 500 13 300 1% May 17% Dec "300 "2% "2% 1 Oct Jan 72 20% 4 .1 Falrchild Aviation l Fairchlld Eng & Airplane. 1 Falstaff Brewing 1 2 Den % Jan Apr % 20% 3% Mar 28% Jan 3% Aug June Jan 9 9 2% 2% 7% 200 7% May 1.400 9% 2% 7% 18 7% 1% Dec 5% May 18% Dec 100 200 12% Sept 4% Jan 8% Nov 25% Jan 35 July *jFlat Amer dep rets 19 June 19 June Fire Association (Phlla).lO Florida P A L $7 pref....* Jan 400 100 5 5 Dec 5 3% 10% 8% Dec Jan Jan 62% 101% 101 20 58% Apr 250 106% July 1% 200 1 May 2 Sept 300 9% Jan 13 Sept 9% 62 101% Dec 12% Sept 76% Aug 134% June Jan Ford Motor Co Ltd— * Am dep rets ord reg—£1 Ford.Motor of Canada— •1% Class A non-vot—.....* Glass B voting........* 11% ' 2 Mar June 12 - ..... 25 9 9 Common. * Fox (Peter) Brewing Co..5 Franklin Co Distilling.. 1 19 26 Apr % . h« 2 Jan ; 101% 101% Jan Fuller (Geo A) Co new__l $3 conv stock v...;* % Jan 13% , Sept 1% Aug Mar Mar ' ) • v ^ Dec Dec 1% 21% June 2% 119% 111% 1% 31 0% 30 4% 107 Feb Sept Sept Oct Feb 1% Jan 8% Sept Mar 98 79 Dec Dec % 8% Mar 6 Dec 11% Jan 100 31 6% Dec 11 Jan 300 6% 31 5% 29% 4% Oct 37 Jan Feb Dec Dec 2,450 5% 1% 1% Dec 7% Gameweil Co $6 conv pf.» Gatineau Power Co— ! 86 Dec 95% May 5% preferred Jan Oct 100 U18 % 4 14% 400 $6 preferred 14% 13% 40 101 101 16% 4% 1,000 16% 300 5 >i« 500 316 Common... h« * Tire' 200 % % 6% preferred A 100 $3 preferred 97 2 Sept 19 Sept Preferred.... % 19 19 2"00 "16 16% 75 Jan 31 Jan 1% July •18 Mar Dec 110 45 June 61 Jau 97 97 10 100 Aug 108 May 7 100 6 Dec 10% 50 32 Dec 43 Mar 250 98 Jan 110 Mar 00 Jan 100% Mar 7% Sept 50 Sept 7 34% 101% 102% ..... ... "IOO * Gilchrist Co.. * 2% Sept Glen Alden Coal 19% July July Godchaux Sugars class A.* Class B ..* Jan $7 preferred* Goldfield Consol Mines..1 » Sept 2% May Goodman Mfg Co 5% 1% Sept Apr Gorham Inc class A Dec Dec 22% Apr Dec 4 " % conv preferred...25 83 Oct 53 34% * Jan % May 1% Dec *i8 May Sept 51 Gen Water CAE corn..1 Feb 2% Jan Nov >18 July 63 A Rubber— Gilbert (A C) common..* 7% % 16% 104 Nov Dec 19 1 $6 conv preferred General Nov Jan Dec 71 Georgia Power $6 pref...* $5 preferred Dec July Jau 52% * Gen Outdoor Adv 6% pflOO Gen rub Serv $6 pref.—* Gen Rayon Co A stock...* General Shareholdings Corp Jan Mar 1% July 12% Mar 3% May 10% 40 >18 Gladding McBean A Co.* Adrs ord reg stocks.—£1 Creole Petroleum 6 6% July % June General Investment com.l Sept % 1% 55% 1% 1% Apr Jan Dec May 49% .100 80 Jan % 4% 100 1% preferred—.60 July Amer dep rets ord reg.£l Gen Fireprooflng com...* Gen Gas A El $6 pref B__* % 6% July 87 Gen Electrio Co Ltd— 1,800 8% 47 Dec Oct 130 88 8% Feb 44 Jan »3i 85% Sept 28 Gellman Mfg Co com 1 General Alloys Co.......* Feb 6% 85% Oct Nov 15 conv preferred... 100 4% Jan 2% 73 Dec 4 600 5% 2 '""' Jan Dec Jan .1% 5% Dec Feb 100 33% Dec Dec ;2oo 100 10 10 '♦ Mar July 105 500 1% 29% 11% 20% Jan % 8% May May 9% Dec 18 Conv partte pref—.J5 Jan % 39% 110% 20 1 Feb ' 52 Common ; 70 com... 1 3% 1% 12% 32% Eureka Pipe Line com..50 Mar Dec % l',800 1,000 1 49% 28% —* 11% 7% 99 4,300 12 32 7% 11% 31% 100 4300 30 100 4% Dec 40% Dec x3% Jan 7% June 8% Feb 19% Feb 4% May 04 May 5 Sept 7% Juue 15% July 33% Deo 8% Aug 101 Oct Jan % 1% Mar 14% _Jan 25% June 32% >18 Apr July 50 £l * 1% 1% > . 200 1% $3 preferred "29" Gorham Mfg common.. 10 "29" ""loo 1% Sept 35% Nov Jan Aug Grand Rapids Varuish...l Crystal Oil Ref hi —10 Cuban Atlantic Sugar...5 Cuban Tobacco com.....* 14% 14% 15% 22,400 Deo Jan 14% 1% 7 Deo 2% Oct 2% Aug 7% May Mar 1 Curtis Ligbt'g Inc com 2.50 Curtis Mfg Co (Mo) 5 % July 10% July Apr 4% 5% com.... $6 preferred Jan May 3% 3% 100 2% Dec 5% Gray Mfg Co new 6 3 3% 500 2% Dec 6% stock...* 80 81% 275 75% Dec 105 Dec 132% Sept Non-vot com 7% 1st preferred 100 Greater N Y Brewery.:_1 GtNorthern Paper 130 129 % 33% 25 * Grocery Sts Prod com_25c D Darby Petroleum 75 130 h« Davenport Hosiery Mills.* Dayton Rubber Mfg.—.1 Class A conv..; 35 Decca Records common. 1 Dejay Stores.........._l 7% 20% 6% -20 100 2% 9 July Aug 20 Mar 12 Jan 1 3% 7% 20% "550 5 Dec 190 18 Dec 2% "ioo 5% 2% Dec; 3% Sept % Deo Mar 53% JUly 99% Feb ' 1 "2% Feb >13 6% 6% ... » Feb 28% Jan 9% Nov 21,100 250 35 ..... ""206 (Guardian Investors..... 1 com Jan Great Atl A Pao Tea— Greenfield Tap A Die % 29% 6% % Apr Deo 42 Dec Nov 10% Jan 1% Apr % Mar >84 Sept ~ "32% "34% % Dec 39 Jan "107% i07% .'* 20 Aug" Gypsum Lime A Alabastine* Mar Mar Deo 115 Jan Mar 3 Sept 3% 16% Dec Dec 8% 25% Jan 44 IOO 108 2% 33% 29 108 25 Gulf States Util $5.50 pf. $6 preferred...a. 120 Feb Dec 65 111% Nov H Feb DennteauMfgul A com.. 5 $6 prior preferred—.60 8% debenture.. 100 Derby Oil & Ref Corp com* % June % May Dec Nov he 10c preferred Esquire Inc Dec ' 400 1% 1 1 100 37 39 50 .35 .... Cable Elec Prod com..50c 70 Emsco Derriok A Equip..5 Gulf Oil Corp 14% 4% 65% July July Buff Niagara & East Pow- $1.60 prelerred——..25 $4 1st preferred.-.-.—* July 52 33 Sept 15% 91% 60 Buckeye Pipe Line. Dec 47% Fed Compress A W'h'se 25 Bruck Silk Mills Ltd.—.* "■ % 500 2,100 27% Jan June 10,900 57 61% 5% 4% 13 Oct Courtaulds Ltd— 7% 100 >it June Corroon & Reynolds... $6 preferred A Cosden Petroleum 100 100 24% 7 100 8% 8% . 1 Copper Range Co Dec 6% 1% Mar 4% July 4% Jan 60% Dec 13 ... Crown Cork Intemat A—* 69 1% 3% Dec 17% >ie Continental Oil of Mex Oct Mar Mar Dec ! % 60 5% Dec % 17% 10 100 1% Froedtert Grain A Malt- Consolidated Steel Corp.* Continental Gas & Elec Co 7% prior pref Jan Nov 82% Dec 1,800 1% 8% preferred....... 100 Consol Royalty Oil 10%, Sept 1% «24% % Oct '11 Fanny Farmer Candy....1 9 .s Dec % Dee 4% May 1% Nov 62% Dec " Crowley, Mllner & Co.— Crown Cent Petrol (Md).5 9% _6£L_, \ Oct 19 Fansteel Metallurgical...* Fedders Mfg Co 5 4 Nov ;i ■ L900 34 1% Croft Brewing Co Aug 19 Dec Jan July 2% Dec % 200 1 %. Crocker Wheeler Elec...* 11% Dec 11 Jan Dec 4 1% Jan % Jan 16% July 2% Jan 4% 100 Empire Power part stock * %• Jan 8% July 3% 1,200 6 1 Apr 8% Nov 11% 400 J 8 7% preferred 8% preferred Jan 41 Dec 30 150 " 34% 5% Crown Drug Co com..25c ordreg—10s * 6% preferred 6%% preferred Oct 17 2% Consol Gas Utilities 12% British Celanese Ltd— >18 375 225 . Mar 6% Jan % May ■5% Jau 34 51% 31 — 18% Sept Empire Gas & Fuel Co— Aug July July July Aui 102 Dec Cornucopia Gold Mines 5c Feb 5% Apr Jan Mar 5% 1% Sept 3% 1,000 1% 61 Emerson Elec Mfg__.._ Jan 104 Dec Feb 83% 189% 4% $3 preferred Conn Telep & Elec Corp Cooper-Bessemer com...* $3 prior preference- 3,000 11 10 Electrographlo Corp.__..l Elgin Nat Watoh Co... 15 %" July % Dec 5% June . 75 3 54 4% Cook Paint & Varnish Co.* 5% July Amide grcts Bruce (E L) Co Dec .. % 30% Jan 9% Class A.............. Brown Forman Distillers.1 Jan 100 5% Common Conscl Retail Stores 9 ~ $6 preferred......... Brown Rubber Co com..! 10 44 52 Consol Mln & Smelt Ltd.5 4% 2 Community Water Serv.. Compo Shoe Mach— V t 0 ext to 1946 Conn Gas & Coke Secur- Jan 9% British Amer Oil Co Class A Jan 72 >84 Apr Mar Jan 200 56 .* Fort Worth Sto.k Yards % h» Am dep rets 73% 150 ,-60 7% 20% % Jan 6% July 11% Sept 7% preferred 100 Bnllo Mfg Co common...* . Jan Jan 49 preferred—.£1 Dec Class B British Amer Tobacco 5% 14% 110% 83 ' Oohn A Rosenberger Inc Dec % .... * Dec Dec Aug Dec >8* * 100 Brill Corp class A Mar 10% % Dec % 5% 1% $5 2d preferred.. * Brazilian Tr Lt & Pow...* Brewster 4% 10% 78 5% 12% 30 100 1 Dec • 6 Bowman-BUtmore com... * Breeze Corp common Apr 3% 9% 2,500 11% Claude Neon Lights Inc. 24 Nov 42 2% Option warrants 2% Community Pub Service 25 Jan Mar Dec 16 15% 2 Elec P A L 2d pref A Jan Sept % 14% 13% Oct 13% 40% Jan 24 3% 600 * 14% 13% $5 preferred Jan Clark Controller Co— Aug 1% Sept he * Eleo Bond A Share com..5 Dec % % 52% Clayton & Lambert Mfg. .4 Cleveland Elec Ilium * y 1,000 Economy Grocery Stores. * Aug Feb >258 * $6 preferred 8% Sept 18% May Borne Scrymser 7% 1st preferred % 50 . "16 «i# City Auto Stamping * City & Suburban Homes 10 Dec 29 Eastern States Corp 300 ... 5% Cities Serv P & L $7 pref.* Jan Sept Nov 112 16% Eastern Malleable Iron.25 Jan '■ 80 2% Oct Jan 7% r 33 18% 10 13% 2% 53 : 58% 150 31% 95 >10% 100 Chllds Co preferred Cities Service common.. 10 Jan 1% 10% 700 32% Dec .>i2s 49 Jan x Dec 3,600 1% 100 Dec "it 10% 3 70% % -Dec 40 ?Dec 8% 1% 51 105 1 9 Nov Oct 6% Aug Jan '/- Mar 7% 1% 49 6 Commonw Distribution..1 34% 34% 6% Jan 111 Dec 700 7% Jan 76 34% Dec 7ie 51 73 h« 11 6 Dec % June Empire Diet El 6% pf 100 Cberry-Burrell common..5 Chesebrough Mfg 25 Chicago Flexible Shaft Co 5 Chicago Rivet <& Mach—.4 5 Sept Jan 5% Jan 114 Oct 1% 07 100 4%% prior pref 6% preferred- June May 12% ^.* 100 4 Columbia Gas & Eleo— 4 200 * Common...:.. '""46 Charis Corp common...10 6% 2% 1,600 Bohack (H C) Co com.. 7% 1st preferred Jan July " 5 Strip Co Colt's Patent Fire Arms .25 24% 100 Eagle Plcher Lead...... 10 East Gas & Fuel Assoc— Jan r 7% 85 '29.100 Jan 1 Blumenthal (S) & Co 8 Commonwealth & Southern .1 10 20 Beauult Mills Inc com.. 6% 20% Dec Apr 100 Conv preferred Jan 16% July Apr % May % Dec - Warrants Beau BrummellTies Inc. July 5% 7|« 100 100 6% preferrred 7% preferred Jan Aug 10 67 Dec 109 200 "34% 105 Jan Aug 5% Dec July 3% 100 Dec 7% 7% Pfd 100 Jan 8 Dec Easy Washing Mach B. Cent Pow & Lt 12% Dec Sept Nov - 106 ~~85~r Cent Ohio Steel Prod.... 1 5% preferred 6% May 3% % June 2% 6% Colon Development ord... I-30 pieterred BaldwiJ 27% Apr 21 1,000 Cockshutt Plow Co 00m.* 3% 11 61 3% 6% 2% Club Alum Utensil Co— 27% Apr 2% * Duro Test Corp common.! Duval Texas Sulphur... Apr 44 Dec Apr Cllnchfield Coal Corp.. 100 B Nov 10% 200 4% 4% 67 : Dubiller Condenser Corp.l Duke Power Co....... 100 Jan Dec 29 10 7% preferred Aug 113 Nov 17 «* Catalln Corp of Amer 60c preferred B 19 Jan Nov 10 200 10% 21 110% Feb 10% ' Jan Dec 3% .1 Jan Dec 11 common. 1 Draper Corp.... Driver Harris Co Nov 7% Dec $6 preferred..^.. I* Dec Nov 29 Dominion Bridge Co Ltd.* Dominion Steel & Coal B 25 July % Oct 100 41% Carolina P <& L $7 pref— Oct Dec 20 130 Collieries 1 Babcock & Wilcox Co * Baldwin Locomotive— Purch warrants for com. Dobeckmun Co Sept Oct 10 Oct Feb High Dec h» "206 13% Diamond Shoe common ..* Divco-Twin Truck com._l Jan Low 1% 13 pe Vilblss Co common.. 10 7% preferred 10 Mar Dec 7 200 ■; 300 Range for Year 1941 300 1 "is Gra)y Iron Fdy—1 for Week Shares Jan 121 Feb 114% % of Price* High Durham Hosiery cl B com * 9% 5% Sept 2% Dec 'itt — 25 % ;9% 7l«v. 8% _. $6 preferred Axton-F'sher Tobacco— common——10 2% ..100 7% preferred Jan Mar 1 (B F) & Sons com 6 6% preferred w w 25 6% preferred x-w... -25 Warrants 18% Week's Range Low Det Mich Stove Co com.. 1 Canadian Industries Ltd July July 13 2 Avery Class A Jan 15% "is 11% 4% 1% 3% Jan Colonial Airways... 1 Canadian Dredg & Dock.* Canadian Indus Alcohol— 29% 4% 2 1 3% Price (Detroit Paper Prod. 1 Detroit Steel Prod.....10 Aug Aug 2% Central Mfg—— Automatic Products Automatic Voting Mach 2% % Dec 1% May - 7% partio preferred—25 Chief Consol Mining Atlas Corp ..■« Canadian Car & Fdy Ltd— Cessna Aircraft Co (Associated Gas & Elec Common..—..-—- w. Canada .Cement Co Ltd.* Conv pref optser v. Detroit Mar 1 1 Gas com.. .* Common cl A 103 600 1% " w - Sale May 5% Mar 14 Dec Jan % Jan 60% Sept 2% 2% Writlng Paper Anchor Poet Fence 1 Callite Tungsten Corp.-.l Last Par High Carman & Co Class A....* Thread 5% pf- -5 Amer Low Shares 23% Sept 15% 5% Hlgd (Continued) 2:2% California Elec Power...10 28% June Apr Mar NOV >18 H ~2% Low STOCKS Range for Year 1941 for I. Week ■ Camden Fire Insur Assn.6 Dec Dec 50 Am ; % 1,100 'Y ~T% 6 Jan , Price Friday Sales Rauge] of Prices Calamba Sugar Estate..20 Feb Jan Apr 9% 100 11% H 26% % 26% Republics -—-10 Dec Week's Can * Scal-Kap common- -2 4%% % 17% 79% Co-—- - --- -Potash & Chemical- American Apr , Maracalbo Co- American 9% 25 A mer Meter Amer 300 '11% Amer Amer July 13% 30% 113% 3% 12% 19% 20% 103% 104 • Rale Par 26% 19% 104 Last High Lou> Shares 12 > • High Low Friday STOCKS {Continued) 1941 Range for Year for Week of Prices 12 Amer Fork & Hoc com.— , ' Week's Range Sale 1 Feb A conv preferred......* % Feb Detroit Gasket & Mfg.—1 6% preferred w w 2q % Feb 1- * . 29% ■7 17% Jan Jan Mar 2% 112 June 2% July 54% Nov Dec 10 ' Jan Jan 18% Oct Hall Lamp Co ......5 HammermiU Paper.....10 18% Hartford Eleo Light.. 25 Hartford Rayon v 10....1 Harvard Brewing Co-.—l 18% 150 "% "266 /% Dec 1% Nov 1% 1% 1% 200 "20% 19% 20% 500 Jan Jan 1% July 2 Sept Hat Corp of America—B non-vot common 2% 1 Haseltine Corp.........* 14 Dec Dec Jan 2$%Jan 5% THE COMMERCIAL & FINANCIAL CHRONICLE Number 4035 Volume 155 293 NEW YORK CURB EXCHANGE Sales Friday STOCKS Last ;.u>. • .,»*«'.• (Continued) Par • Sale Price Week's Range Hearn Dept Stores cotn_.G v 6% Mar 4}* Feb 32 V* nreferred—.50 26}* Mining Co.-.:.25c 5 J* 26}* 1 69* 5,200 49* Dec 6 * 85* ! 8% 100 89* Nov 12 600 Dec 11 j... ——* Class A 9 50 9}* 2 Heller Co common.. ••■' 6 9* Dec j..25 22 9* Nov 25 23 9* Nov Henry Holt & Co par A..* Hewitt Rubber common. .5 3 9* •«.. Dec Preferred w Preferred . ex-warr w Heyden Chemical —.10 Hoe (R) A Co class A—10 100 <10 87 9* 75 65 17}* V 16}* 179* 79* . Holophane Co common..* 4---* 269* ..100 111 49* 49* Feb 189* Sept 7}* 100 Dec Sept 17 9* "~50 Margay Feb Marion Steam 29* Feb 38 Dec "57"" "900 52 *4 500 4 9* Dec May McEwen Kaiser Co $4 preferred.......__ McCord Rad A Mfg B_..» Jan • Aug MoWilliams 79* Apr 59* Jan A pi 18 Oct Aug Mead Johnson A Co. 65 :-t. •> "~50 »i« 49* Nov 39* v Aug 8 Dec 5 7 Dec ' 120 120 19* Feb 9* 19* Dec Feb 29* July 13}* Dec ■199* Sept r y f ' Mi * .'*• •. ' *• ,0,- .■ >20 -29* 120 300 3 59* 39* 20 * 15 9* 200 29*•- 2»* 300 2 . 9* Oct ^39* 219* Dec 35 269* 9*% A preferred... 100 '> 5 "99 ,-V •-69* "969* "66 1 : 25c - ■ "375 .9* v Dec 139* Dec Dec 59* Imperial Chemical Indus— Am dep rets regis...£1 Dec - ImperialTobacco of Can.5 "89* "9" 89* 79* 1,000 99* Feb Oct .... 2H 5V*% preferred 100 6% pf.100 7% preferred ..100 18 18 Class B Class B v tc 200 49* 100 19* 79* -19* 79* 1,900 1049*. Dec 115 9* -134* Jan 279* 70 149* Jan 29 • 'IB , 4 1 v* 7% preferred....... 100 Insurance Co of No Am. 10 International Cigar Mach Internat Hydro Elec— Pref $3.60 series 50 Intcrnat Industries Inc.-l 84* 89* Midwest Oil Co 76 75 ; 129* Dec 765* 950 64 9* 7 400 -109* Jan 1% 15* 19* 19* , 800 1 vi Co warr... Petroleum- »u> * 99* 9* 9* ,t Dec Feb 300 - »«. 2,300 ref 9* Jan Jan 9 >4 9,100 39* 49* 4 9* 9* 100 M •% Dec 9* v * 29* Cla*fl B. 'it $1.75 preferred * 8 8 510 50 $3.50 prior pref Interstate Home Equip.. ...6 J* Interstate H^Iery"SIins".T* .7%i Dec Ward A—.* 12 9 129* 150 9 129* 1 Oct Jan Apr Mountain City Cop com.6c Mountain 99* 400 Producers—. 10 Jan Nov 10 Jan Deer it** s 7 9* A,.. » i»j re Dec 39* 9* -189* .14 Dee Dec Jan Public Mar Dec 1159* 1079* 1095* 20 169* 169* "25 Dec Nov 8 15 I (FL) Co Glass 14 19* 800 19* Dec 1 % 19* 19* * Co 19* 400 9* Dec 39* 1J* •. Jan Aug ' 69*% preferred 100 100 7% preferred 81 81 2S\ ,83,91, Dee 86 87 36 82. Dec 1049* Jan 91 94 94 9* 50 86 Dec 110 Jan Publishing Co. 10 Julian A Kokenge com..* Johnson *64 Apr, »i» .239* Dec Nov Feb Dec 18 9* >97%, ♦ Apr 6 3 Dec 6 19* Dec 3 9 Dec 6% preferred ...rere 100 > 7 ... Ken-Rad Tube A Lamp A * 29}* 600 27 V* 29 300 209* 27 ?fi 59* Oct 3 Jan Apr 8 Dec 39* 139* 4.9* Dec Aug Parker Pen Co... Dec 69* Jan 1 Parkcrsburg Rig & RccL .l Patohogue-PlvmouthMllls* 8 Dec Mar . Jan Nov Jan 8 9* Aug 34 9* Dec 559* Jan . American shares 49* 49* 49* 10,000 10 100 National Fuel Gas—re, Jan Mar 1169* 69* Jan Aug 5>4 59* 300 49* Dec 1,200 3 4 Dec 99* 89* Mar 59* 24 4 Dec 369* Jan 9* 19* Mar Nov 19* 29* Sept Jan Nov 119* Mar % Peninsular Telephone com* $1.40 preferred A 25 Penn-Mex Fuel ..50c 9* MOO 1599* 1599* 1609* 250 Penn Traffic Co 29* Pennroad Cnrp com.._..l Penn Cent Airlines com._l Mar 54 Jau 1 1 Kingston Products Klrbv Petroleum 69* *17"'r17 $5 series pref 38 38 10 19* 19* 1,000 .1 v Class A common Dec 359* Apr 33 Dec 7}* Penn Pr & Lt $7 pref.— $6 preferred * Penn 8alt Mfg Co. Penn Sugar Prop... 1,000 Kirkl'd Lake G M Co Ltd 1 20 Penn Water & Power Co.* Perfect Circle 100 1039* 105 100 3A Nov 149* Jan Dec 669* May Oct 40 1 Kobaeker Stores Inc— * Koppers Co 6% Kresge pref..100 Navarro Oil Co... Nebraska Pow 4 Jan '"'24 Jan 189* Jan Phillips Packing Co Dec Jan "2% "25* July •'49* 200 4 9* Dec 69* Apr 109* 109* 109* 400 89* Jan Mar. 54 159* Dec _J4Q. 129* Dec Mar Dec 179* Jan Pittsburgh & Lake Erie.50 Pittsburgh Metallurgical 10 Pittsburgh Plate Glass.— 100 67 May 185 Sept 579* Mar 98 Aug Dec 28 19* Dec 49* Jan 3 Dec 6 V* Mar Dec 1189* 25 1109* 295* Nov 31 9* 200 29* Feb 4 9* Feb 349* 225 30V* 79 ""566 309* 39* Pitts Bess & L E RR...50 8 Dec Aug -Common.... __ „ _ 1 .. 4 49* "5 9* 36 Dec 89* Mar 71 Jan 8 9* Kress (S H) 12 Dec 9* 1,000 Oct May Sept 9* Dec Jan 189* <<Jan May 6 9* ■ 59* 34 9* 3,600 • Pitney-Bowes Postage "l9* 19* 19* 89* May Oct 14 300 10 9* Dec 15 Aug 59* 1,300 74n 12 12*.. 37 Oct Premier Gold Mlaiag 89* Dec 449* 129* Mar 400 109* 2,200 x9V* 29* Dec 129* Jan Feb 59* Sept Pressed Metals of Am___l ""§25 87 Feb 1009* July Producers Corp of Nev... I 62 4 Oct Dec Dec 189* 19* Aug 39* 69* 459* 70 Jan Dec 169* Apr Dec 969* 10 55 25* Sept 109* Jan 900 10 it Nov 12 9* »u Dec 9* Feb 29* 29* 1A Dec 49* Nov 33* 99* 49* -3 99* 49* July Providence Gas 7 4 Apr New Engl Pow Assoc 13 Sept Dec Mar 89 Dec Apr 50 Apr 139* Jan 39* Dec 59* Nov * 100 6% preferred.. "■•• * England Tel A Tel 100 Apr 109* Nov 10 Feb 89* Mar 129* -49* July 6% 1st preferred 7% 1st preferred Dec Aug 9* Dec 14 Feb 109 9* May Apr Sept 1169* Mar 5 Jan J 1009* 100 Dec 6 9* 21 Dec 569* 1009* 189* Feb, Dec 1299* 9* Jan Dec 9* 110 >64 200 >M Mines 46 65* Dec 149* 600 2 9* Dec 5}* 9* 89* Lakey Foundry A Mack..l 29* Lamson Cerp of Del Dec 3,000 Feb 2 31 Ltd..l 89* 2}* 89* 3 5 Aug Jan 979* J6« Dec 39* 39* 39* 100 2 9* Dec 119* U4 119* 700 10}* Dec 179* 7% pref.-100 98 9* 69* Jan Dec 106 June 109* Jan Langendorf Utd Bakeries- 68 659* 68 1,350 S619* Nov 709* ♦ Class A 15 Class B 17 Jan 29*- Dec Jan Aug 27 Dec 29* 299* 25 Land.-.l Sept 19* 14 14 100 * N Y Auction Co com....* 39* Warrants 1>* N Y A Honduras Rosario 10 169* 169* 50 14 .-10 79* 79* 200 6 7% pref-100 98 preferred—....—--* 90 N Y PrA Lt " $6 Shipbuilding Corp— Founders shares——1 .-* 49* 4}* Oil Develop—.25 11 -49* 6,500 'if Jan 9% 29* Jan 59* Aug N Y Water Serv Nov 9* x349* Sept Brothers 2b Jan v Feb Dec 139* 9* common...* ...5 Locke Steel Chain 12 12 129* 250 Aug Dec 11}* Dec Oct 19* 919* * 79* 25}* 259* 1009* 101 6% pref class B.....100 * 100 100 1,300 69* Dec 109* Jan 9* 200 9* Dec 9* Jan 300 13 9* Dec July Nlptssing Ml >es 525 13 Dec Aug Sent Noma Electric. * ~wm . «5*v« 20 189* 2 4 2 100 19* Jau 359* 329* 39* 39* -2 4 5,300 3 9* Dec 59* July Dec 1099* Feb 102 ■' ■ 1169* 1059* Jan Dec Jan 20 9* 50 Dec 319* Dec 89* Jan 59* 8?* July 99* Jan Feb 6<* Dec x9* May Mar 449* 38 I08,v* June 16 9* Dec 118 90 Dec 1 12 32 Dec 14 Dec 679* 184* Apr 7 Oct 85* Feb Dec 89* July Dec 105 Jan Dec 1599* Jan 65* June 99 tr 99* Jan 200 44 4 9* Jan 111 514* 10 1059* 59* 95 5,60n 16 9* Quaker Oats common 6% preferred 100 Quebec Power Co... * * 65 145 100 68 145 142 1459* Sept Jan Jan R A 999* Dec Nov 1,100 * Common ht $3 conv nreferred * 159* 154* 47 47 47 - 65* 209* Dec Dec 89* 42 July Jan 179* Reiter Foster Oil Corp.50c Class A preferred 1 Dec 39* Jan Richmond 525 50 Dec 799* Jau De 659* Jan »u Feb Rochester Feb Rochester Tel $6 preferred. Voting trust ctfs 179* 5 .....1 Sept 19* Jan ! hi Dec "x64 ~x34 Dec 10 9* 8,700 5 21 Dec Jan 7m June Jan[ Dec 94 34 169* Jan 59* Jan 14 9*^ Jan 4 9* Jan 79* Sept 9* Dec 19* 9* Nov 1029* July 105 ""ion 9* 9* 949* 945* 10 94 95 70 Dec 29* Dec 4 86 Dec 93 10 9* Dec 149* Nov Dec 109* Jan Roosevelt 9* Feb J* Jan Root Petroleum Co 29* 88 139* 149* 200 10 2,300 " Dec "h ~ '"H """166 """9* Oct Jau 4 & Roeser Rome ht 86 h 88 iji May 900 125' 70 H Jan Feb 1049* Nov 949* Jan $1.20 coav 6V*% pflOO pref Oct Dec 107 Feb Oct 114 May Dec Dec Mar 14 85 Pendleton Inc Ino Jan llt»* Cable Corp com..5 Field Ti» lOV* 100 8 9* Oct 104* Jan 33* Dec 35* Sept 20 3 200 25* 200 1 200 4 4 Jan »,t Dec 9* Jan 479* Dec 599* June 15 15 * Royallte Oil Co Ltd 3 15* 2% 5 Rossia International .....1 2,500 G&E16% pfClOO Jan Jan 4 A 800 49* 29* 88 149* Apr 49* 14 9* 100 1 6% preferred D 29* 100 £0 Jan< Dec! Rio Grande Valley Gas Co Nor Amer Lt A Power— — 1 6,700 iji 5 45* * Radi vtor 19* 459* Nineteen Hundred Corp B1 Common Republic Aviation 1 Rheem Mfg Co....._—.l 599* Oct 189* July 9* "266 —.* 14 | Decj »»!• Raytheon Mfg common 50c 579* 19* 58 Jan A Dec 42 V* Jan 79* Dec 129* 30 155* •u Feb De- 350 Railway & Uttl Invest A .1 Raymond Concrete Pile- Reed Roller Bit Co 1059* 9* 44* }* 10 Sept" Niagara Share— 79* 169* 189* For footnotes see page 295 rwirt* Dec Dec "1,6 00 Nlle8-Bem-Pond new com* Louisiana P A L $6 pref.* £ Jan 84 90 60 Class A opt warrants 9* 189* 100 Pyrene Manufacturing.. 10 Rice Stix Dry Goods 10 Common 5% 1st preferred 5% 2d prelerred 79* Common—._.——* 7% pref class A——100 Loudon Packing— Mar 6 199* 86 Class B opt warrants- Long Island Lightl.ig— Louisiana Land A Explor.l Dec Dec 20 6% Pf.100 Jan 159* June Dec Jau 389* Sept lu May 2 4 Reliance Elec <fc Engin'r'g 5 Feb 19 39* Red Bank Oil Co.....—* 5.10% preferred.-2-.100 Class B common... Lone Star Gas Corp * 98 Railway & Light See— Niagara Hudson Power— 89* *3» 5 Upton (Thos J) Inc— 6% preferred $6 oreferrcd Puget Sound Pulp & Tim * Apr Dec 239* Co.......5 * Sept 4 U Nov 100 K Lc Tourneau (R G) Inc.,1 Lit Jan 30 100 New York Transit-Co.—5 Lehigh Coal A Nav 4nn inn 1079* 1074* 100 Radio-Kelth-Orpheum— Option warrants...^ Dec 9* N Y State Elec A Gas— 9* Dec 39* 100 Voting common.. 69* preferred—....* Dec l.B .. Jan \.H ' AUC N Y City Omnibus— 34* 19* * Nov "23 V*. July 1 Zlac 6 N Y Lefcourt Realty common. 1 359* 29* 300 $5 prior preferred Sept N Y Merchandise Lane Wells Co common.. 1 4 4 Dec Jan New Haven Clock Co...* Jan July 94 Feb Nov 275 725 "i'e'tf Bee in 33 3 A inn 1,400 Oct 10 19* 309* Jan Mar Oct 2 Feb Jau 12 Dec 59* 9* 19* 289* Dec Puget Sound P & L—■ 2 1M 9* ' hr Pyle-National Co com—.5 29 Jan Apr Public Service of Colorado Dec 9 9* 1119* 1119* Rights Apr New Process Co J).100 Lackawanna RR (N Material 33 49* _._* 29* 9* $2 preferred Jan New Mex A Ariz Iieonard 7i« Prudential Investors Apr 1049* New Jersey Line "is 4~ is w 1 Sept 89* 300 5,600 4 Jan Jan it***. com.. 28 Dec New Idea Inc common...* Conv inc 79* 6 9* Neptune Meter class A New 100 11 Nestle Le Mur Co cl A...* 115* 20 104 109* Corp...5 * 14 9* 50 95}* special pref. 10 1 Lane Bryant Prentlce-Hall Jan Jan Dec 89* 1,900 Mar 4 Aug 9* xfi 1/too 29* Jan Dec Dec Dec 5 100 29* Jan 459* i,°no 39* Jan Dec 19* 49* 20 Nov 439* 100 60 M- Pratt & Lambert Co 200 100 99* 100 "929* "939* 7% prof. 100 Dec 2 95}* Krcuger Brewing Co Lake Shore 6% 1st preferred 109* 1,700 Jan Dec 19* Power Corp of Canada... 39** 79* Jan 9* 55 1,400 "553* —59* "55" "559* 25c Potrero Sugar common.. Powdrell & Alexander.._ 139* 24 4 4 Feb Meter 10 99* Jan , 31 400 Pierce Governor common. 39 14 "io" Dec 9 Conv $3 pref series A. 10 Pioneer Cold Mines Ltd.l —~10 xllO Apr May 90 "VA "24 .Jan ■: " 50 Jan 113 ' 39* 79* 79* 94 ■■94 115 Dec 250 86 90 * 9* 59* 1149* 1149* jjec i:o66 42 Phoenix Securities— Dec ■ Jan 98 10 41 Rubber... 1 26 174 Feb Nehi Corp 1st preferred..* Dept Stores— 4% conv 1st pref * Jan 10 959* Mar 9* Dec 89 200 100 Co PharlB Tire <fc July 30c* Feb Nelson (Herman) Knott Corp common Oct Jan 219* Pepperell Mfg Co 19* 12.50 Nat Union Radio. Dec 11 Klclnert (1B) Rubber ColO 3 Apr 162 1039* Jan 49* • 59*% pref.10 Transit Nat Tunnel A Mines 89* Klein (D Emll) Co com.." Mar Dec 'ai 60 7,500 . 69* 15* - Jan Dec 9* 6 29.700 * 29* 4 9* 29* 24 4 25* Feb Aug Mar 46 39* 79* $2.80 series pref.. 131* 9* 166 * Nov 19* Oct 79* 33 3 39* :...* .29* 49* ; National Steel Car Ltd- National Jan Pennsylvania Edison Co— Dec 156 13 9* pref...* Aug 76 Dec Jan 33 4 •29* 29* 26 Pbila Elec Co $5 pref * Phlla Elec Pow 8% pref.25 79* Nat Mfg A Stores com...* National Tea Dec Mar 31 I. Philadelphia Co common. 10 National Sugar Refining.* 50 Jan 4 Dee 27 Jan Sept 93 Nov Dec 14 * National City Lines com.l $3 conv preferred ..50 National Container (Del). 1 Nov 40 Jan Feb V* 959* 60 Paramount Motors Corp.l 16 National Breweries com. 12 100 5% preferred D Sept 29* 97 Pneumatic Scale com... 10 Feb Klmberiy-Clark 6% pf.100 Kings Co Ltg 7% pf B.100 139* 34 9* Dec 184* 674* Aug 59* Nachman-Springfilled... Nat Bellas Hess com..—1 June Feb Aug Jan 969* Pleasant Valley Wine Co.l Plough Inc common...7.50 120 3 Mar Dec 49* 4 59* Dec 113V* 9* 109* Anr 9* Jan 100 National Refining com.. 10 115 115 Jan July 679* July 59* Nat Rubber Mach 7% pref. 100 Kennedy's Inc 6 Jan 116 9* July 5 Prosperity Co class B_..* K Jan 54 Dee * 8 5!4 Murray Ohio Mfg Co....* Muskegon Piston Ring.29* National P A L $6 Kansas G A E 214* Dec ...» 1st preferred Dec Feb National Candy Co 100 6% preferred.. • .- 479* 1079* Jan Jan Nov Pantepec Oil of Venezuela- Feb Jersey Central Pow A Lt— Nov 1184* 110J* Jan 400 HO}* 1109* 105 Polaris Mining Co Jacobs Aug 6 169* Jan 115 Feb Page-Hersey Tubes N Jeannette Jan 102 Service...* Mar Dec Muskogee Co common Jan }* -- Jan 111 Mar July 9* 7i« Mouutain States Power— Dec r "370 879* 19* 39* Mountain Sts Tel drTel 100 Dec 'u 10 l'ioi* 1099* 78 9* May 2" Dee 75* 69* Mtge Bank of Col Am slis. 149* 349* .10 9* May 1,100 1109* Dee Jan 109 Moody Investors part pf_* Dec 9* ""\i "~4 23 4 Dec 315* Feb 19* < Common... pref.* Investors Royalty..... Iron Fireman Mfg vtc...* Dec 95V* 1095* 108 V* Pacific :18 429* Moore (Tom) Dlst Stmp.l 79* j. 12 225 De» Jan Dec Montreal Lt Ht A Pow..* 800 200 16 16 Nov 39* Sept Apr 200 6% 1st pf.25 59*% 1st preferred 25 69* Dee Montana Dakota Util.-.10 • Jan 400 Pacific Can Co common..* Pacific G & E 9* 835* 1 -».*«« Dec »»! 5'4 239* 69* S- A 30 29* Securities———! Jan Dec 100 Monroe Loan Soc A Mar Dec 400 .1 9* 13i« 900 ?4 159* 29* Pacific Lighting 55 pref..* Pacific P <fc t, 7% pref.. 100 Apr 351* Monarch Machine Tool..* Jan Montgomery ' B.* Utility— Italian Superpower 112 100 L.7% pf 100 Common..!.—.—-re2.50 Dec fellJ* Sept 119* Sept Dec 59* Sept Dec 89* 81* 100 99* Registered shares Irving Air Chute Jan ;v 15G 43 Mar 50 Dec Mock Jud Voehringer— Sept 79* 29* Dec 38 Monogram Pictures com.l International Products.. Interstate Power $7 Dec xl 3 "38" 09* 135* Dec Dec Aug Nov 40 Dec 39* Missouri Pub Serv com..* - 209* Dec - 49* Claes A 19* Mississippi River Power 7 J* Dec Oct 83 , com. 15 $3 preferred 9* 1.600 2H Pennsylvania Gas & Elec— Minnesota P A 6% preferred Internal Paper International Oklahoma Nat Gas Omar Inc.' 29* - 19* 7 UOO July Dec 12 1! Nov 159* 159* 985* 100 7% 1st pref... 100 6% 1st preferred 100 Oilstocks Ltd common...5 Apr 49* Dec 419* 41 Jan 109* 145* $59* conv prior oref...* Oliver Utd Filters B * Jan 29* Feb 129* ;/ 129* Molybdenum Corp Internat Safety Razor July Sept 22 1039* 6 9* 1C Minnesota Min A Mfg...* 9* June Dec 6}* 25 8** Internat Metal Indus A i.. - Jan 59* Feb 600 $2 non cum dlv shares.' Jan Dec July 3 300 119 July - .* Mid-West Abrasive...-.50 Sept Sept H:■ Jan y$ Jan . . Jan May 110 Dec 109 20 9* 5 Jan Dec July 148 Dec Mar 9* Mining Corp of Canada..* Coupon shares 109* Dec Midland Steel Products— Aug Aug Mid vale Co new com....* . 39* Midwest Piping A Sup...* International July Aug 130 189* 9* 3 9* 98 30 108 "29* "29* 29* 145* 49*% pref.100 2 Midland Oil Corp— Industrial Finance— V tc common Jan 29* 9* May 39* Dec 1,800 Feb 74 29* com 4}* Middle West Corp com..5 June $2 conv preferred. 80 19* 1 Sept 5 A...1 1 ela68 599* 9* May 1 99* 29* - Ter Ilium Oil— Non-voting . 500 3 106 9* 1079* 18 18 1069* Indiana Service Indian Apr 79* 78 Middle States Petroleum— Dec ^ May 7 79* Indianapolis Power A Light Indiana Pipe Line .'■•, V* 49* Microraattc Ho ie Corp.,1 Class A vtc Ireland.;.. £1 A Ohio Power Dec 100 Michigan Sugar Co......* Preferred 10 29* May 79* Sept 79* Sept r. Imperial Tobacco of Great Britain Jan Mar 28 H Dec 509* 500 39* 102 108 . $1.30 Imperial Oil (Can) coup..* Registered.. * * 29* Apr ■ 19* Michigan Bumper Corp__l Michigan Steel Tube..2.50 Aug 59* 900 - Corp Ogden Corp 299* 700 . Jan 9 700 69* : 69* "79* 19* 2,400 119* Nov 2?-* 29* 11 39* 101 Ohio Brass Co cl B com_.» Ohio Edison $6 pref.. » Ohio Oil 6% preferred.100 3 9* 1,500 ■ 239* Jan 239* Jan 639* Sept O Oct Nov 26 75 Metropolitan Edison— $6 nreferred re—-fc- Jan Novadel-Agene Overseas 59* Warrants...--. Jan 800 23 9* 19* * Illinois Zinc Co 400 Northern Sts Pow c! A..25 Feb 5 9* 269* Partic preferred.„... 15 9* 9* xl59* 100 Dec Dec 100 Apr Dec 9* High 15'* Apr 109* ... _ Merrltt Chapman A Scott * 6 1 T-"6io 125 39*v Participating preferred * ' 17 .... Ohio PS -200 - Low 100 169* 17 Range for Year 1941 for ■ Northern Pipe Line.....10 June 559* 19* <19* '•"20" Merchants A Mfg cl A..1 Metal Textile Corp Div arrear ctfs.— 169* 6% pf.100 Dec 1 High 6% prior pref erred... 50 7i« Dec >n May 200 19* 29* Dec ■v 29* i——-♦.•iii-iw * com. Jan r 300 3 19* Dredging... Stores Sept 9* re. Mercantile Messabl Iron Co 231* 1A North Amer Rayon cl A..* Class B common......» Dec Apr 9 29* Dec 279* Mar 29* ■—* Shovel...* Massey Harris common. .* 100 23 Jan Price Week Shares Jan 60 June Oil»Corp Oct 1179* 319* 1149* Aug >•" 13 . 5% conv preferred,...50 Dec Mass Util Assoc v t o.—1 .. Nov 111 30 j: Aug Apr- Nov *. 219* 25 269* 13 33}* 400 Illinois Iowa Power Co..* Feb l«i» July 39* Sept Sept 24 Communication Co Ltd. Apr Dec . 159* 16J* 9* 1,700 1 .1 —* $5 conv preferred Dec 10 "29* "29* 29* 24 Dec 19* - Mapes Consol Mfg Co...* Marconi Intl Marine • . Hydro-Electric Securities 5 Hygrade Food Prod 5 Hygrade Sylvanla new...* Dec of Prices TjOW Manlschewltz (The B) Co * 9}* 100 49* Dec 159* 400 20 H MemphiR Nat Gas com..6 1 V tcfor 1st pref Manati Sugar opt warr.... 8 9* -1 Huyler's com Nov 6 9* Co..* HuR8mann Llgonler 19 199* Aug 7% preferred 59* X. 700 111 55*> 56 9* Hummel Ross Fibre Corp 5 13 14 279* 259* Nor Ind Pub Ser Mangel Stores..; Inc.—5 Ref—--*1 Humble Oil A Dec Par M Jan Sept ll5 nreferred 4 13 Sales Week's Range Last Sale High Jan V Horn A Hardart Baking.* 5% Feb 13}* 2 Hubbell (Harvey) Mar 99 common..1 Horn A Hardart - Feb com* Horn (A C) Co 9 269* Apr 13 26 12 — Hormel (Ceo A) A Co Shares Hloh t (Continued) Low No Am Utility Securities.* Nor Central Texas Oil...5 • 11 87 — Holllnger Consol G M...5 Horder's Inc.... 7% 1st prefu.-100 Conv 7% 1st pf v t e.100 Lynch Corp common 5 STOCKS Range for Year 1941 Conv 112*" 11 Low Friday . for Week of Price* Sept 26 — 1 Price Sale* Week!* Range - Ludwlg Bauman A Co com* Jan 8 4 Helena Rubenstcln.. 20 Sale Par High 19* 200 2A Last iContlnued) Low Shares Sept Sept Aug conv Hecla H oh 2 Frldav ^STOCKS Range for Year 1941 for Week of Prices i Low Jan 16 Sept * Royal Typewriter—i..._* 519* 53 300 " THE COMMERCIAL 294 & FINANCIAL CHRONICLE Tuesday, January 20, 1942 NEW YORK CURB EXCHANGE STOCKS Last (<Continued) w eek'i Low Apr IA Dec A Dec com.l Ryerson & Haynes Sale Par 4% Sept 6% Sept 2% Apr 1% July Dec 3 100 4)4 Ryan Cotisol Petrol-....* Sales Last Hioh Low Shares 2 A 4% Co..-l Ryan Aeronautical stocks (Concluded) 1941 Range for Year for ' Week Ave..--2% Fifth Russeks Price Range of Prices High Sale Par Friday Saiey Friday Week's Range of Prices Price Low Low Tung-Sol Lamp Works... 1 6% . Week's Range fdr Sale of Prices Week (Continued) High 1 preferred.^...* 80c conv Last Price Range for Year 1941 Shares High Dec 2A Dec 7% Jan Convertible 6S..+.. St July ' Dec Feb 121 *3% -.1 Salt Dome Oil Co Samson United Corp Nov 70 8chlff Co common 8% 8% 8)4 24% 25 H "u Jan Dec 13% 29% 115% Jan 1st $7 pref Jan Option warrants 19)4 900 26 Dec Mar 114 16 A Feb 22 Dec 68 'V 68 .. 8)4 .9% 115 Jan 63 % Nov 6)4 Dec 14% Jan ,*16 Dec 1% A general... 1 * 36 Oct 41 Jan MB 1,300 Dec A Aug % Apr 6% Sept 10% Oct 1,100 3)4 18 3)4 3 % Ms 7% June M« Segal Lock A Hardware..! Selberling Rubber com...* 2 -<* + Mar % Dec Common....!.-.\ Convertible stock.....5 $5.50 prior stock 25 1)4 100 % Dec Jan 3 Nov 1% 43% 550 38 Dec 50 non-voting--* 43 % 300 37% Dec 50 Mar Common class B. 10)4 67 % 2% Am 4% United 1, % 260 Jan Si.50 conv pref 20 com Jau 8% Jan 1st $7 conv pref Jan United Wall Paper 102)4 June 159% Sept Universal Corp vtc 2% Jan Universal Products Co...* 1 A Dec A Apr 1 June Utility 1)8 Jan 2% 134 July Equities com.. 29 Feb 2A 1,100 2% 35 1,200 V, 300 29 De 43% ,"100 23 Apr 30% 40% 42 28% 40 38 May 46% Feb Venezuelan 200 Dec Jan Va Pub 26 A 6 JO 31% 2,4% Jan Feb Vultee Aircraft Co. 26 26% 24% % Dec Nov % July Jan 165 4 '4 5% Dec 8 1% July 149% 900 W Spalding (A G) & Bros — 1 1st preferred .-.. + .* "m 3 Jan Feb 26% 5 Jan 6% Nov July 1% Jun .1 1,800 A Dec 14 820 4% May l82 Sept Mi Feb 3% 1% Mar —1&A 1 A Stahl-Meyer Inc....... Standard Brewing Co...* Dec 14 Dec £e t Oct A 2% 300 2% Aug mb Dec 5% Jan 4(;0 10% Dec 100 1A Dec 2% Sept 9 A Dec loo 12% Dec 14% 20% Jau "if. 'ma 150 107% Jan 112% Nov 12% 14 ,17% July Standard DredgL.g Corp 1 1% preferred.20 Oil 14 Jan 110 7% pref. 100 1 109 Standard Power A Light. 1 110 200 'j; ht * * -■ 5% 600 ht 14)4 17% TyiOO ■A 17% ""666 Standard Tube cl B...-.1 c.l 12% 1% A 44 .* Sterling Aluml mm sterling Brewers July 9% May Mi Sterling 400 3% 91 <94 93% 95 103% 104 July Connecticut Lt & Pr 7s A. July 300 2% Dec 6% July 450 6 Dec 8% June 47 mes 1 Dec % 94% 104 ....1057 StroocK (e<) Co Sullivan % Dec 61% 1971 ...... 1st ref mtge 3sseries P........1969 1st ref mtge 2%s series Q 107% 1976 Consolidated Gas (Bait City)— Gen mtge 4%s... Jan .29 100 1954 5s.._! 122% "260 1958 Jan Cuban Tobacco 54 1944 2% Jan Cudahy Packing 3%s 1955 101% 5 13 .1056 .86% Jan % 3% Feb vmb June •1mb Dec 15% 1% 1,200 Sept 2% L. 8 8% 23% 27 27 *■ 23% 90ft /, '.25 , 11 10 3 Sept 1% Jan 9% Oct 29% Sept Feb . Jan 1 Oct 5% 14% 500 10 1,200 \ /-1 % Aug Dec % .36 36. .25 ... Jan 49 30%.,.. Dec 16 4 . ,-G 4. 7%- Jan » . 8% 1,500 4% 5% 5% 106 " Nov - 11 Jan 11% Sept 68 7% preferred.. 100 9 83 Dec 93 : 20 80 80 80 Dec - Waitt & Bond class A.. Class B...... Feb Dec 4% ;_..* i ig Co. % 1 A 12 Sept Sopt Dec 7% % % Dec Me 7,100 A Wayne K .itti ig Milis:.v5 Aug Electric Power & Light 5s.. 1.....2030 , We.itworth Mfg... ...1,25 85% '89 86% Lines Western Air Grocer 50 95 95 West Va Coal & Coke....5 91% 106.000 88 A pr 2% Jan Mar 3% 104% 104% 4,000 107 J,000 107 1952 6%sseries A. 22 .1953 ..1967 107 2% 3% 2A . 95%- Juno 10U 2% 800 3% .2% . ;-;2% Feb Dec 102 Federal Water Service 5%s Banks 1954 6s-5s stamped... 101% 2% 7)4 100 100 65 Westmoreland 65 65. 15 100 18% 18% 58% "60 15 7% 1st preferred Western Tablet & Coal 20 Jan 7 Sept Feb 85% Oct 15% June 50 22 Sept 13 Jan 21 Oct 14% 1966 5s ex-warr 104% 104% 105 103% 103% 103% ....11944 1969 stamped... Gatlnenu Power 3%s A.... 84% 84% 86% 98 97% 98 General Public Service 5s. 100 ..1953 6%s A 1956 Wichita River Oil Corp. 10 2A 18% 7A Williams (R Wilson C) & Co 5A 5% Products Inc ... ..... 100 12% * Wilson-Jones Co.. .7 com _1_.2 10% Sept Wright Hargreaves Ltd..* ' mb Gr Nor Pow 5s stpd..... 6,000 78% 1,000 85% 86% 21,000 86 13,900 11 Dec . 19 Dec Dec 1108% III 1100 104% 3%s..-.-.1963 ..1945 Amer 4A 4% 69 43 4 7 9.000 19 18 19 15,000 j Mar 2% 46% 12 Apr x3% Nov * coy 9oO lu MB Dec Nov 6% Deo 98.4 Dec 2% May 1.2% De ioo 4 ht 26 1935 Jan — 11 14% lio-i 110% 110 Jan .Sept 4% . 83 Ji'-i 1 84 6,000 84 1,000 Shipyards Corp...* July 2% 2 2% I Sale Price 9% Sept Idaho Power.3%s.._. 3 Mar III Pr A Lt 1st 6s 13 Oct Mar 8% Dec Mar 117 5% 6% 31,000 101 3,000 98 2,000 100 105% 106 104% 105 103% + !+■.-. Jan Dec 102 102% 103% 99 99% 102% 102% Jan Dec - 107% 111% 104% 108 10,000 108% 108% 105% 104% Jan - Jan Dec 5A 1% 2,600 Dec 4% •• 76 Week's Range for 25,000 71% 15,00(1 75 84 92% 2,000 105 109% 107% 107% of Prices High Low Week 1941 103% 103% 1,1)00 19,000 ........196/ American Jan Amer W.-itl ig Paper 6s 3%s 101% 101% 101% F.000 Tubize Chatillon Corp.... Class A For ; .1 footnotessee page 38 ...2016 106 28,090 3,090 38,090 80% 2,000 100% Jan Arka.isas Pr & l.t 5s...1956 105% A Sept Associated Kiec % Sept § Associated Gas & Ete trbCo— ♦Co,iv deb ...... 1 Joi Dec 114 Jan mb Jan *Debo iture 5i ,.1968 ♦Conv deb E%s_..............1977 Dec 1 Jan Jan Dec 5% Dec % Jan 7 Deo 8% Jan 3% Deo 10% Aug Dec 48% Aug 4% 24 A 295. 4% 33 ~~4A 35 ~loi 350 31 78% 107,000 15 108 39% 108 I • 39,00(i 1,000 --- 6% 1,000 52% 22.00c 100% 17,000 80% 24% 43% 106% 108% 10% 26 66% 4 35% 42 60% Jacksonville Gas— 5s stamped... . 50% 50% 106 106% Jersey Cent Pow A Lt 3%s_ 106%. 106% 128 128 12,000 1,000 104% 109% 105% "105% 20)0,90 43%- 47% 109,090 K 105% 109% Kansas Elcc Power 3 5%s A......... 1955 •• 11%. 12 13,000 20,090 16,090 11% 11% 16,000 62% 19,000 11% 11% 11% 11% 11% 61% ■60% 12 Kansas Gas & Elec 6s..... 105% 109% Kansas Pow & Lt 1947 .2022 3%s ... ------ 109% 123 1,00b 123 128% 110 2,000 109% 112% 131 128 104% 108% 35 59 A 18% 19% 19% 19% 9% 10 9% 9% 55 .1945 103 .1957 109 5,090 105 1,000 107 110 100 " 104% 100 102 105% 109% M " "i02% 103"" ~~2~C66 101 106% 3,000 107 109% 1 25 81 % 4,000 77 90 99% 7,00o 95% 101 109, 109 ' 108% .107 ...... .1946 69 106 107 i:06% 107% .1966 Long Island L.tg83-_.__..... Louisiana Pow & Lt 5s.+:... 19 106 3%s. ^♦..eonard Tietz 7%s. jMansrelii Min A Smelt— ♦7s mtge .........1947 106 123 110 1105% 106 %s 100% 109% 78 83% 10 .43% 1918 Atlanta Gas Light 4%s... ...1955 Atlantic City Elec 3%s_._....._-l96i 6s without warrants. • 106% Lake Superior Dist Pow 107 Avery & So.is (B F)— 5s with warrants.. ..104 80%. Appalichiaii Elec Pow 3%s—...1970 ic Power deb6s............2021 2u Mb 24 106% 110% 105% 107% 107% 105% 106 104 ......1961 XixO 7i)i» 10 5% 7 36 108 103% 106% 106% 1970 s ritO Mj % 21 25% 15% •- 2%ss f debs...I...............1950 3%ss f debs. 1^60 8 4 % June 1968 ..... 1st & ref 4%s..„. ♦Coav deb 4 %s..... .-Jl....... 191 :> ♦Ooav deb 54....V-.--U50 M? 3% 4% 105 •••"' 108 102% 105% 103 105% 100% 103% Jan * 1,000 103% 106% 104% June warrants. 6 73% 76% for Year $ 7,000 Assoc T & T deb Tri-Conti.ieiital 3% 7 6 Range 13,()uO Jan Tonopah-Bel.mont Dev. 100 Truuz Inc...... 84% 31,000 81 15% 103% 103% 301% 102 108% A 2% 72 A 79% 79% Sales 105% 105% 806,000 Jan 600 103 '> 101% 76% 79% - 105% Dec »u 107 - 4 103% 82 5 108 79 Jan 1951 101 % 9,000 79% Indiana Service 5s... Jau .5% July 1946 10 4)4 - Jan 1956 19% Dec 83% Alabama Power Co— t,03 6ou 82 % 30,000 108% A ser _ x+03 : 70% 70% Jan Mar Nov 3% , BONDS f deb4 Am Pow & Lt deb 6s ; 111% 5 Apr 4 % 18% < 109 July 4 % 100 ge Mar 53" 4 A 3.000 84 i'-' Hygrade Food 6s . Friday 3 4 Dec dep rets def reg 53.1 45% ...... 1938 Houston Lt & Pr 3%s .......1966 ^♦Hungarian Ital Bk 7%s..i..... ♦7s scries E.L.. 114% De 68 29 % 15 Jan 3% Dec 17% § International Power See— Nov Apr % 17.% 106% 58% H Oct Mar 1 ...... 88% 75% 89% 107% 110 79% Petroleum.....! Sept 38% 1 23 80% 101 164 47 1948 i ♦Hamburg Electric 7s ♦Hamburg E.ovated Underground A St Ity 5%8.... 6% 3 % 200 " 4% 4% dep rets.......5s Jau Mar 3 Cn...l0 ...... 1958 ' ^♦Guardian Investors 5s..... 7 6% 500 7 Nov 1% 1 600 65 99% 102% 72 ; 88% 3 July 22 >a Jun ; Jan 14% 10% May - 62 ... 100% 86 .....1950 Guautanaino & West 6s.. Oct 10% 25 12% July De 43 Oil 89% 96% 103 98% 103% Feb July 4% 75 12,00f. 78% 85% Dec A 1 Jan 5% 100 Tonopah Mi,dog of Nev.l 99% 101% 18.000 1953 4% 600 6% * Wool worth (F W) Ltd— Apr 4% MB 101% 108% 7,001; 158% Grand Trunk West 4s..1950 5 ■ Williams Oil-O-Mut Ht..* Woo.iley Tobacco & Allied Stocks..* Corp.. 48 107% 71,000 3,000 100 102% 103% 102% 1948 5% Weyenberg Khoe Mfg....l Aug Sept Tobacco Prod Exports..* Tobago Sec Tr Co Ltd— Transwestern 30 104 6,000 4954 July 10% 18% ..10 Appal Trans Lux 100% 105% 40 July 5% ■ Statiou'y July 900 100 4 A Tislnnan Realty & Coastr* .cl i0 13,000 101% 101% 132 ...1961 Gary Electric A Gas— Feb 5 Jan com...20 5% 2)4 A Tnew Snivel Co com....5 ..100 45 110% Finland Residential Mtge July Land Co...2 7% preferred 90% 97% Empire District El t>s... Aug 3% Itic.-l 13% 1/200 34% 18 *-i 6% pref 10c 78% >■ 7,000 123 ^♦Krcolc Marilli Elec Mfg— Green Mountain Power Western Maryland Ry— 1st & ref 5s Toledo Edison 77 37,000 119% 126 103% 106 Grocery Store Prod fls 1st & ref 5s Todd 69% 103% 123 Jan June 1A 100 2% 2% 1st 5s.. Am 100 ; 13,000 Elmirit Water Lt A RR 5s_._:..i.l956 Jan 15 1 % Wellington Oil Co 41 5% -.1 98% 53% 101% 101% 8 A Sept Apr ?> 5 A 1st & ref 54......... Tilo Roofi -g Inc. 86 Jan 6% Nov Aug 3 200 5% •'C 4 1% 8wan FUchOil Corp...15 7)4 106 122% 128% 170,000 92 165 „ 6% 7% pref. 100 101 11,000 Jan 1% 22 Jau 80% Dec 7% June .1.100 8% "8% 7% % . YC.700 90 88 88 A Dec 13% May •, 75 .1-500 16% 3% . Wolverine Port! Ceme.it 10 9% Texon Oil A 105% 111 Jan Aug % '"500 ""mb Oct 48 Dec Class B common Texas P A L 107% 112% 7.000 July 83% 114 3/ A Technicolor inc common.* 7,000 ...... Jan 3 Jan Dec 50 7% pf 100 % 100 2 2 Taurpa Electric Co cotn^* 99% 98% 105 117 131% Dec 30% 17% Jan Dec 1% 200 60 Wisconsin P & L lot/ : 13 ~34~ 2 H 99% 88% ;r; Eastern Gas A Fuel 4s Jan , 1% 58% Last Taggart Corp com......l 01 88 Oct ; 22% .Dec 50 .11 3% 2% 58% : * Dec 9% 1 31.000 Oct MM Jan Dec 8A - 90% •; 77 Dec Nov July Macni.iery.... ...1 54% conv pref......50 Superior Oil Co (CaliO -25 Superior Port Cement- 93) 91% 79 9,000 122% 125% 89% 29% Dec 1% Aug 8% 1% Sun Ray Drug Co Sunray Oil.!.. 79 ' 107,000 109% 109% 107% 107% 1102 103 90 Aug 27% < 13n 300 % 3 3 ...... 83% * 1116% 128 ..1951 Consol Gas El Lt & Pr (Bait)— 3 %s series N.... ....... Jan 2% - Feb 300 5% 5 (Hugo) Corp.. 90% 101% 5.000 83% 82% 3)5,000 81% 38,000 . 15% Sti 31 49 Aug 47% """75 '.1949 5%s Sept 13% Jan % 5A (J B) Co com... Stetson 30% 100% 86% 100% 56.000 1952 f ♦Oesfruol 6s Vtc exte ided..-_ Dec Jan 2% 1 Inc..... 81% 92 .....1969 63% Wagner Bakl .g— 7 Prod.l 81% 78 Community Pr & Lt 5s Dec 27% Dec Apr 8% 3)4 50 20 Inc 78 ♦General Rayon 6s A *36 Stein (A) A Co common..* 6% 1st preferred 5% 2d preferred 77 81% Georgia Power A Light 5s........ 1978 WolVeiine Tube Stercld Bros Stores 88 Jan 30 Dec Dec Dec Jan Mb Dec 4% 1 Steel Co of Canada 'is Oct M« May 18 Standard Steel Spri.g.:.6. 1,000 General Wat Wks A Elec 5s..„..1943 Westmoreland Inc Co..l 6,000 82% Mar 6 "52% 'Mb Common,.: Standard Oil (Ohio)— 5% preferred....... 100 99% 100 * ^^1950 Debenture 5s. Apr 1% 1% 12% 93 36 ....."....1958 5% 43 .1 com.. Western 10 3,000 50.000 1966 -------- Jan % West Texas Utll 56 pref.... 2% 6% 6% 39,000 80 Me W Wrtlaer Mi iooi Corp—.—* Starrett (The) Corp v t ' Aug ' Jan 1,300 Spanish & Ce leral Corp— Am dep rets ord reg..£'l Standard Cap & Seal comT 8% 99% 46 100% 100% v 1952 .1955 .. .. C'nv deb 5s... Sept 2% Dec 45% ,.r Petroleum...1 Serv Jan 5)4 5 --- Products 80 100 , "~3% "3% preferred.....5 Nov 6)4 20 Southland Royalty Co.. Standard 1% 'Mb Waco Aircraft Co.......* Standard Silver Lead Cities Service 6s Sept General Public Utilities 25 Preferred. 27% 7% 29. Vogt Manufacturing. .-._.* .28 A Southern Union Gas Common class B_. Cincinnati St, Ry 5%s A... 6s series B............... Florida Power A Light 5s. $4 conv 28 % Jan Mar 32.000 7% 99% L 43 73% 69% 88% 103% 107% 3,000 10 9% 45, 8,000 20,000 Jan Southern 42 10 84% 89 104 Aug 25 ; Valspar Corp Calif Edison— ' 5% original preferred_25 6% preferred B......25 514% pref series C:..25 Southern C„lo Pow cl A.25 7% "preferred —.... 100 South New Engl Tel—100 Southern Phosphate Co.10 Southern Pipe Line...... 10 1 1927 Florida Power Co 4s scries C 32 A 35 103 ...1953 Me Apr 850 7 "52" "52% 88 ! i.......... 195 4 §*Chlcago Rvs 5s ct.fs.. Mb $5.50 priority stock... 1 25 Oil—--—25 Pipe Line. 10 Central States P & L 5%s Jan 20c 56 6% 3% 6% 10c VA Southwest Pa Nov 3% Jan 2% Sept De 1 Central States Eiejtria 5s Nov Dec Dec Sept 42% .42% 7 5 Sugar 2% 2% 1...1948 Jan Erie Lighting 5s.. Mills...* Solar Aircraft Co..*1 Solar Mfg Co..1 Sonotone Corp *-.--1 Soss Mfg common 1 South Coast Corp com...] 200 84%. 87% 84% Central 111 El Tfe Gas 3%s........1964 3% 55 55% Universal Pictures com_.l Utah Pow & Lt $7 prof..* Utah Radio Products 1 9 1053 Canadian Pacific Ry 6s....'......1942 Sept 101 Utah-Idaho co.iv 100 % Feb Sept 9 Canada Northern Power 59... 29% . June 3 A 8 . Dec % .1 400 5,000 Cities Service P & L 5%s 2 Nov $1.50 16% i. Class B.. 2% 102% 103% 1954 158 100 103% 100% 105 101 106 50 Universal Cooler class A.* 1A June 2% 33,000 g Mb Dec 332 7,0U0 ,...* Aug Smith (H) Paper 102% 149 18.000 101 Dec 13 A Standard 500 23 1 Oct 7% 4% — 89 70 U S Rubber Reclaiming..* Feb Dec 101% 102 Continental Gas A Elec 23% 2% 92 102 101% Jan U S Plywood- Universal Insurance 139)4 142)4 141% 1968 1970 Sept ^ Mb Dec Ms 22 5 Feb preferred- 25% 1 U S Graphite common Dec Common- % 18% 25% 25 A Conv Mar 1,100 "22" Specialties com..l Apr 1)4 200 1,000 Broad River Power 5s ' United 6% Spencer »>hue 123 80 % United Shoe Much com.25 Organ.---5 — 3Me Sharing.25c preferred....... 10 U S Radiator Dec 19 Simpson's Ltd B stocks. Singer Mfg Co—.....100 Singer Mfg Co Ltd—p Amer dep rets ord rcg.JEl Sioux City G & E 7% pf 100 Preferred A.. 3,700 United Stores oommon.50c 1A 154 Jan 8% U S Stores common....50c 1% U Mb : Dec %• Profit Aug 11% 84 Dec preferred.... South Penn .2,900 dep rets ord reg 115 A Dec Simmons-Boardman Pub Simplicity Pattern-com.. 1 105% 1)4% 106% 115 154 Jan United N J RR & Canal 100 $5 1st pref with warr...* Dec 105% 127% 11,000 15,000 2%s...; Debenture 5s Jan 7 Dec 27,000 • 114 Nov A Dec ' U S and Int'l Securities..* 108)4 6 A Silex Co common. Skinner 117)i ,120% ■2 Sept 9% 80 1266 • S3 partic oreferred ...._* 5% Nov 112% 114 Boston Edison United Molasses Ltd— Jan Apr 61 1,200 113 112 5% cum pref ser AAA100 Sherwin-Williams of Can 120% 25% Feb 7 A 100 ;• . 114 Bethlehem Steel 6s____. Dec 14% 61 Nov 106% Feb mb Nov ' Milk Products,..* A 2% 7,906 4 10V4 66 1,700 ..* $6 1st preferred.......* 1)4 3% : 113 112 113 .I960 + 5 %s Dec 4 A Apr Aug . % June 5% Mb A..* A Sentry Safety "67 Sept 9 100 com U S Foil Co class B Control... 1 Serrlck Corp cla's B 1 Seton Leather common...* Shattuck Denn Mining...5 Shawlnlgan Wat & Pow..* Sherwin-Williams com. .25 10% Jan j 112 1998 5s series C. Apr Dec 1st 5s Reries B. " % .... Mar 43 ' 1A 3% 60% - Preferred July 42% certificates... 200 * 7% preferred. 10% Selected Industries Inc— Ms Dec Dec 1950 .1957 Bell Telephone of Canada— Jan Nov 9 900 Jan Seeman Bros Inc.... 4% 5% June United Gas & Elec Co— 1 50 / 9% Dec A 5% 500 12% .13- United Gas Corp com___l Jan ..ljioo 69 7A United Corp warrants United I-t & Pow •" 7% pref,...* Nov Sept United Co & part cum ■'.» July A 15 700 Securities Corp $3 conv $3 Range for Year-' 1941 $ Birmingham Eie trli4%s 7% Un Clgar-Whclan Sts._10c Jan 8 3 5% United Chemicals com...* A 25 2 600 2 1 Jan Dec 400 Warrants.. Allotment United Aircraft Prod United Elastic Corp M M common..! Conv preferred......25 Scovill Mfg— 25 Scranton Elec $8 pref * Scranton Late common..* Scranton Spnig Brook— Wuter Service S6 pref.!* Scullln Steel Co cotti—--.* 200 5 Un Stk Yds of Omalia._10u A Schultc (D A) 3 Investment com..* 8% ....5 ...* Savoy Oil Co* Jan 4% * % June Sept 28 Dec 20 Union Nov 3% Oct 2 2,500 com.l Sanford Mills 2% Union Gas of Canada July 10 1% 4,025 275 1% 2% 11714 120 3 3% 2 ..100 7% preferred Selby Shoe May A pref..50 Regis Paper common..5 3 4% 1 10 Sept 1% 1 10 Oorp Ltd. High Baldwin Locomotive Works— Unexcelled Mfg Co Class A $2 conv i B U Udylite Corp....... St Lawrence Low Jan V 5% -.200 6% Sales Friday BONDS for Week 1 +93 '104 J.93 . .104 •• > • .1941 s McCord Radiator A Mfg— "6s stamped.... Mengel Co conv 4%s... ■». .1948 .1947 99 81% 98% THE COMMERCIAL & FINANCIAL CHRONICLE Number 4035 Volume 155 295 NEW YORK CURB EXCHANGE Friday Week's Range Last n men V„.; . Sale BONDS ... Range for Ye or (Continued) Price -• Week of Price* High Low $ Last *'W 1941 '• ... . f06 4 107 4 1971 4s Ii. i > .. 105 4 1094 1965 107>* 107 4 3,000 1945 4s series G_. 100 1,000 y BONDS . Metropolitan EcIIho 64s States Petro'euin 63 1957 .1951 -i960 Mississippi River Pn"*er 1st 5s — Missouri Pub'.h Service 5s 12,000 Price 103?^ 104 4 22,000 102 22,000 102 4 12.000 109 111 in ill 102 4 102 4 102 4 ; 604 2,000 1st A ref 5t 100 100 § ♦National T'ublh Serv 5s ctfs.... 197.8 93 1,000 t .6 C. ser 1374 140 13,030 140 69,030 96 07 ......1981 ..2022 Nebraska Power 44» ... 119 96* 1956 Nevada-Callforda Elec 5s. .119 91 .... — 954 .. 114 4 99 8,030 24,030 Va Pub Service 5 4" A 79% 11,030 70 4 1916 5s...1947 1948 1950 New England Pow 34"-..1961 New England Pow A-<»n 5a.., 1948 Debenture 54s.. 1954 284 164 Conv deb 5s. 1958 14 58 4 96 000 58 4 234 000 56 4 694 Safe Harbor Witer 4 4s.-_,_.. .1979 56 69 4 San 2,000 ■ 85 1024 4,000 4 103 102 97 4 43 N Y & Westchester Ltg De be nture 5s... 1... . . 1st 44s series 102 4 lst 34s series A -A '< o .0 84 17,000 85 100 1,000 93 6,000 103 1154 45 Southern Ctlif EdLson-3s...i* .1966 1014 102% 103 1014 102 Southern C Uif Gas 3 4s— Southern Counties Gas (Calif) - .1970 1014 1034 12,000 103 4 1054 8,000 494 614 Southwestern Pow A Lt 6s.. 1,000 99 106 .,..1908 .1971 Ohio Public Irvine 4s .1962 Oklahoma Natural Gas 3%b B...11955 Ohio Power 1st mtge 348 104 1st mtge 3s. 1074 110 105 1074 8,000 103 100 5,000 10 4,000 1074 109 103 106 2,000 1064 1064 Oklanoma Power A Water 5s..i_. 1948 1134 26 000 4 104 4 102 1951 1970 1*054 45 9,000 " 2*666 34,000 484 764 764 53,000 69 30,000 69 1951 754 74 71 1906 75 714 764 74 764 21,030 63 74 764 22,000 68 4 20 22 17,000 17 i 6s gold debs_ ......'1 .J....1957 Standard Pow A Lt 6s. *744 1957 ...i.. 109 ♦Starrett Corp Ipc Stinnes (Hugo) ,-.1950 Corp— 22 1942 ,...1365 196» .....1977 *979 ,1971 196- Park Lexington 3s Penn Cent L A P 44"— — 1st 54 t Penn Electric 4s F fis series H-....-— 100 99 100 86,030 68 15,030 6)4 924 92 4 .92 .. 56 J27 " 1614 95 254 63,000 103 4 101 105 t 04 ; Texas Elec Service D — 108 196 ....1970 1972 Phtla Rapid Tra ibit 6s 1962 ii*Pledmont Hydro El 6 4s.. i960 101 1,000 1054* 110 4 108 108 1144 106 4 1.054 10<>4 107 107 .2022 118 113 100 1034 .1979 Tietz (L)—,ee Leonard Toledo Etliso.) 3 4s..^ Twin City Rap Tr 54s. 33,030 1054 1054 Elec 6s... v 6 204 100 ......1968 108 .....".1952 ♦us stamped 974 974 .1940 .1960 1.000 93 4 934 714 .1956 1074 10S4 108 .1947 Power Corp (Can) 4.4s B .1959 'ii ♦Prussian .1951 Electric 6s.v 79 50 79 i 103 4 1084 2,030 118 15,030 96 103 6,000 73 70,000 694 .^124 1214 1004 106 4 1094 584 114 91,030 icver 114 Oct Nov 27 Jan July May 73 May Mar Snpt 1)33 7 Jan 27 Jan 6 Die 27 6 4 1)83 27 Jau 6 xm Feb 97 25 30 K 22 Dec 5 $28 Feb 20 Dec 16 May Feb Nov 54 (City) 7s..1939 lover (Prov) 64s_'49 4 3*4 Oct Jan t74 5,0)0 114 104 114 " 144 104 25 20 k 101 1004 101 1974 V...........' p59 101 1034 101 V * 30 N Un LtAItyai. e ) U 1 Aug 7 Mar 84 154 114 224 244 94 Mar 27 4 Apr 274 Deo Feb 154 Nov 30 4 Feb 40 Mar ♦ i B 85 1014 14,030 88 17,030 103 1014 108 4 9J4 10J4 28,030 : 16 31 v'L ..... a 11 *10*" *L0 JO 12.4 16* " 15.0J0 11 124 $14 14 14, 14 Sept H 'il tv* 23,6JO June 'N 84 VUJ) oat tg Cf ) Jan 1*4 1 L.Hij.'su, Ec-livilnl « t i.aite O :t Nov )u-n, <114. 1 I lfl if e irre it we:k . Itipiroel in roneivers itp inoa—"col " Ut-ii cmttlncvM 'oouv," ooavertthie. 'M »' l-iuit 'u v,' n>rcgi{> voting erne certificates' "w r," wnn hsiiI, 'w "c> 1*." 0 ail v" witn »-n >111 ited incut iWJi; 'x w,"' *»'ruu; thnut warrants. T.-aliig sis.)3ndnd. effe3tlvd Deo.-ll ln al* Indies of German, K Dec 154 Sept 2.4 Ort 24 Oct May U *)M if tri h t (l it »i 20 b, Mar •» rCun.siie I O.'iOd. 64 Sept 434 June Dec 15 T144 ..... . )w t 'cj u.' ca n lUttva, w 13(9 ... urvtiu "v t c." 934 1024 31 424 Jane lir-tue rale uts t Prl 1 w's it 1 K 1034 1034 1034 1962 14 M34 %12 1921 > n 304 40,030 , 2,0)3 10.OJO declaratioi Aft'eoli'ltat ..1.1975 54 144 114 $25 X15 •Para lii" (State) 7s...1958 ♦Rio de Janeiro 64)--1953 1184 14 - 74 114 10 1958 ♦Mtge Bk of Chlle6*..193l Mtge Bk of Denmark 5s '72 < ...... 1st lied A oou•> 26 1958 ♦issue of May 1927 ♦issue cf Oct 1927 With 714 7 1124 1124 1945 Del)enture rt 4s. 82 4 64 ♦ 1st s f 6s... Denenture 6s 100 69 1,000 114 1949 United Light A Power Co— 112 4 103 Jan Apr Jan Mtge B.t of Bogota 7s. 1947 8,0)0 .... 1064 U04 1,094 1*2 198 4 102 .1961 4.4sseries F._ Potrero Sugar 7s stainiied..— 12,000 Sept Sept 264 22 $30 ...1947 "♦Sa itiigo 7s ..........1050 Ununited Li Service 7fll... Lt5o j ♦ iJnited Industrial 6 4s......... 19411. ■ Potomac Ellson 5s E... 28 4 28 4 64 33,000 Jan Nov 64 1953 ♦548 Conv fls 4th 8tpd 100 4 864 195.4, 964 22 4 2,030 12 94 ♦R issian Govt 64s.. 1919 United Elec N J 4s Portland Gas A Coke Co- 5sstamped extended... 214 64 ♦Medellin 7s stamped. 1951 294 — 25 declaration... 264 U 106 12 4 1953 .... High 68 1074 105 ^♦Ulen A Co— ^♦Pomeranian 31 25 1955 ♦Secured 6s i 115 102 4 t15 25 ^♦German Con Mua 7s.*47 4 1104 109 *il666 1054 1 )56 . 6s series A........... 1094 1.054 108 1144 li44 3 4s Phlla Elec Pow 54s 1,000 54 .1960 Texas Power A Lt 5s 1094 10j4 10J4 Pennsylvania Wat A Pow 34" 103 Lore ...1952 ed 4s stamped ♦Miraihao 7s .1953 os... Tide Water Power 5s 6s series With H*Ha 11 ♦Ha ♦Terni Hydro El 6 4s.. 1074 3,000 1004 Range for Year 1941 $ 1951 Daozlg Port A Waterways ♦Extl 6s stpd 1952 38 1064 1044 1044 1947 -...195 PubID Servl e 68 C. Penn 994 v Lima (City) Peril¬ 1004 1064 1014 110 *9,666 1054 106 1054 for 1947 Jan ♦08 seiles A 1014 34 1034 104 4 X 044 105 67 Week Hloh Low Apr 1946 Danish 54s 32 4 40 66 Stiles of Prices Price Ext 5s ., 3,000 2,000 A Prov Banks 0s B.1051 4 13 15 $104 764 ♦.[♦Cent Bk of German State 1004 30,000 794 694 70 764 754 * Week's Range Bcgcta (see Mtge Bank of ♦Ciuca Valley 7s...^.1918 92 4 Certificates of deposit Pacific Pow A Ltg 5s ..19471 •20-year 7s ♦20-year 7s 924 4 7-4« 3d stamped.......,,'...-... 1946 Pacific Titg & Pow 5s 59 26,000 Agricultural Mtge Bk (Col) . .....1946 6,000 61 ..1937 Bonds 254 .. 664 Friday 924 _ 67 54 110 Foreign Governments & Municipalities 504 61 1054 1094 101 1114 344 464 71 7*4 714 62 Last 75 1064 101 70 damned 5s:. VBaden 7s Debe iture Os.-i.........Dec 1 - ♦ ,s« , 7-4S21... t'.Ol 4 103 106 1084 1144 119 116 :.i._...190O —.-19*4 1114 > 68,000 116 Sale Debe iture 6s_ 106 1054 H0 4 Newspaper Union— 4 6s (Stamped) ................".1948 Co tv 6s (stamped)....... 1948 4 000 108 1,000 .2030 109 1004 1004 51 544 1103 1054 1054 1054 1004 514 10* 1054 1094 Standard Gas A/Electric— 1074 107 4 1064 107 4 2 7,000 1961 §fYcrk Rvs Co 5s stpd. 1054 1064 99 4 5,000 1989 11,000 71,000 1054 1054 2022 •, 5s..l__--~.......1945 7,000 2,000 101 100 103 0 Ogden Gas 1st 24 1074 1074 1074 96 100 1971 24 .....1944 964 .1957 1074 107 $4 1969 ... 10,000 .,1947 Northern Ind Public Hervice-r o.-'c 92% 924 914 874 5s...fc.i^... 4 1044 594 604 60 924 754 Sou Carolina Pow Southern Indiana Rys 4s. Snuth wester i Gas A E134s.-—. 104 104,4 .......1948 Nor Cont'l Util 5 4"-- 4.000 102 52 19,000 114 103 1024 1034 99 20 36 4 82 1074 Spalding (A G) 5s. .1947 North Boston Ltg Prop 348 924 .1970 1st mtge 3s... ...1956 .... 8 53 92 Ill4 33 100 1034 1034 6s stamped 1064 1094 131 1384 103 North American Light & Power— 54«serles A 25,030 1074 - v.!---- 1115 1104 1104 J129 131 t5i 814 Scuilii Steel Inc 3s....0j;.L.ij.. .1951 Shawinlgan WAP .1967 100.4 1054 1953 Nippon El Pew 6 4«w. ...... •Schulte Real Estate 6s.....:^j .1951 100, Sheridan Wyo Coal 6s. 1109 "111 11044 i-- ....1901 ...200 i i..—...1951 34s N Y State E & G 1104 Joaquin Light A Power 6s B. .1952 H*Saxon Pub W >rks 6s.........^ .1937 ' 194.9 ♦income 6sseries A SI 4 19,000 874 New Orleans Public Service—- 100 2,000 107 fis ii maimed... 1094 293)00 84 4 84 4 83 4 864 ,86 4 106 348 West Pe in Traction 5i 694 108 25,000 10541014 JiOD 1034 1951 W ishi igton Water Power 1214 56 4 108 109 195' deb.'. leome Wash Ry A Elec *s West Peiu Elec 5) 584 >09.000 56 564 ..:..—... — 102 95 24 Waldorf-Astoria Hotel— ,56 56 ^3.........—-.-i— 97 0,000 W Western ■f 1024 1950 904 84 78% 794 994 114 2,000 99 1014 101 1916 1st ref 5) series B.« Debs f 6s .....1953 56 664 New England Gas A El Assn 994 99 99 ^...2022 i— i;*Ruhr Gas Corp 6 4s. 11 •Ruhr Housing 64s.. 87 42.0(H) 121 834 101 V 944 102 4 ♦5( i 124 1184 994 974 93 26 112 1,000 994 10<t* 44"-.----- 105 101 R 109 v 107 1,000 96 1114 5s.--—1948 I* 7.000 111 20,000 104 1950 .: gen Deb 6s scries A 162 100 119 1174 1034 1004 ....1973 1st lien A 1374 1953 ; Utah Power A Light C >— QtllM 4 102 4 1054 109 20 1104 110,4 107 101 1st A ref 44s ser D.i...~.-.ii._l950 1064 1124 1041 Deb 6sseries A.. 1054 109 964 104 $'07 New. Amsterdam Gas 10 * 64sseries A......\i...^..,....1952 1945 2030 6sseries A.. 2,030 6,000 * Range for Year % 6s series A 1054 1094 105 1064 Queens Bnro Gas & E:e trl Lt 5s B.... National Pow 4: 23,030 105 6% perpetual certificates..'...-..: Puget Sound PAL 54s ^ 1949 N Nassau A Suffolk Ltg 5s 1094 1074 1034 106 - for Price of Pries Low High Week (Concluded) 1911 ..1919 : Sales Week's Range Sale Year Public Service of New Jersey— 1054 1054 108 4 2.000 S laUJ/ Last BONDS Range jor United Light A Rys (Me)— 1st mtge 34s.j............iv....1%1 100,4.1074 106 4 107 1034 103 4 103 ^ 1955 1st & re! 5s.... Mississippi Pmv & Tit 5s 31.COO 4K Week Pub Servof Indiana 4s:-__1969 104 64 V, 63 4b..1967 Minnesota Power & Light 44"--—1978 98 for of Prices Low High Publlo Service Co of Coio.-alo— 1064 110 4 1044 104 4 *.-1943 Midland Valley RR 5s... Milwaukee Gas? Light 4 1C0 1P«cPs Range Sale . (Continued) S S f deb Middle C t Fruit for " Italian, ani un4r bonds OTHER STOCK EXCHANGES Last Baltimore Stock Exchange Stocks (Concluded) Week's Range for Sale :' of Prices Low High Last Week Price Par Friday Sales Friday Range for Year 1941 Shares Low Armour A Co. Eastern Mass St lly— Friday .tales Week's Range Last Low 1st Week of Prices sale Price Pai Stocks— Range for Year 1941 HiyI 82 82 I'D 15 154 - Adjustment. High -100 : Eastern SS com Arundel Corp Atl Coast Line 16 * ... (Conn)..50 • I* 16 -1-'^i' 25 4 > 653 Bait Transit Co co.d vt'c; 194 •25 113 : • 100 5 5 5 52 50 2 17 J a- • 113 52 1st pref v t c Dec . 85- Consol Gas 10 L A Power.* 12 25'e "Dec 1,120 1.65 200 4 404 Ji Dec 174 Sept . 29 l.()0 Sept Apr 28 21 Fidelity A Denosit—.—20 115 11) Finance Co of 111 a com.5 94 22 4 >ref-—100 Houston Oil Mon W - em Central Ry —.60 r"~ *. 26 4 Cr New Amsterdam Nort 7 7c i:f-25 J. enn r s - .1 26 4 40 Apr 1134 2;) 39 135 Jan 9 May 154 236 Fen Sept 26 4 Dec 6 '"o cum Cum preferred.... Dec Oct 354 10 '-8 25 Mergenthaler July )V New Eugi .ftpr 29 4 v! J.11 ...... 164 Dec 20 4 Sept North 167 93 >4 Dei 98 Nov Gld Co ony RH.L:.. 950 204 Dee 264 Sept . 31 5 33 4 Feb 35 June Peiusylva laRR-.--.-50 Qulncy Mining Co -.25 Recce But Hole Ma;hi>.10 $5,500 334 Mar 474 Sept Reece F^ld Ja 56 4 Sent 534 8,500 40 Shawmut Assn T C Friday Last Sale Pa Stocks— Price tmer Tel A Tel....... 100 loston A 126% of Prices High IjOW HI! 7? Range jot Low Year 1911 803 14 <1 — 84 44 9, 1154 Dec 64 Nov 104 69 Dec 974 •3*4 t Ry ser Jan 551 23 444 44 4 244 44 4 3.722 230 20 4 404 Dec 50 4 Feb doston 144 1*4 1*4 130 1*4 Dec 204 Dec preferred.... —100 100 pref std._ 100 Class D 1st pref stpd. 100 doston Pers Prop Trusts. .* Prior Class A 1st pref stpd. Class B 1st Jan, 10 to Jan. 16, 2 64 185 . 4 Jan 325 44 Dec * 40 C - 14 1)5 .1:4 Dec 3 2 281 14 Dec 34 Aug 24 100 14 De.: 3 July 8 Dec 13 Aug Dec 234 Aug 120 Pat Stocks— Aug j1'. 1 1 "*? page *459 4 4 Dec 8 Get Jan J 14 ii 594 June Dec 2,775 • 400 50 , 10c Dec X Pet .... 20 Dec Jan 40 M 784 634 Sept ar Dec 52c Dec 1014 for Week 813 4 4 Feb 74 Oct June June 1054 A-r 1,000 lc Dec 10 c Dec Amer Pub Serv 49 4 50 101 40 32 4 1JJ 23 4 Dec 58 4 414 204 17 17 17 664 66 ... Cistle (A M) Conv A Co cm 10 S6 pref.* Cent S W Lt pf.* Cnerry Burreil Corp com.5 - 104 • common...1 preferred..* Chgo Flexible Shaft :om. .0 Chicago Towel conv pref." Chicago Yel Cab cap * Low H Igh Low Shares 30 Convertible Jan Oeere A High Anaconda Cop Mln en 50 -* com....* Corp (rne> — » 1)4 484 10 J 11 4(0 214 10) 19 •23 J411 3 )4 175 2*4 Doc 364 Jan Everstiarp Inc 8J 81 73 Dec 94 Jan F Jrb Dec 7 Aug Dec 1684 Jnn Doc 29 4 Sent 70 - 274 44 373 1254 1284 44 798 28 4 1,5ft ci4 c!7 Aug 434 Dec 574 514 Jan Eddy Paper 9.4 Dee 14 4 Out Elec 34 117 214 Dec HouseholdUtUCorp.5 Elgin Nat Watch Co 15 Apr Aug ■ » T 18 Dec 15 De 3 :0 584 5j 80 M« 54 2,200 Mi I iOt 28 De. 3.. 90 De 34 Dei J 4 Mi 7 No\ 1*0 3 21 95 Feb De Aug Aug iu J in July D"c % 47 Dec .an 1124 May Jan 84 Oci 1 Jau Fei 314 July a *34 2 4 234 224 13 124 100 oan 14 600 4,850 Dei AU| 112 4 Ja.i Dei 10* Sept 414 Dei 72 4 Jan 24 Dei 64 July Dei 20 14 20 4 ?0 4 10 4 4 4 30 73 30 Jan Jan 14 Dec 2 4 Dec 4 5 64 Mav Dei 24 Mar De 14 Mi.r Dec 64 Jan 164 July 194 164 Sept 984 Dec 13 4 ■ 1* 8 2,050 5 Dei 44 14 F5 h 4 • 1 450 9 94 107 5. 59 110 13 mm— 23 1UJ Aug Sept 4 14 134 14 4 6 4 27 4 5 ii. Dec 750 1 ; Dec 44 400 54 ^ 114 94 115 27,000 24, 224 June 200 104 84 464 .-30 Dodge Mfg Corp Feb Jan Aug 84 Jan Jan 54 104 May 1 Fi 304 50 12 7 134 350 124 lol 20 84 Dei 280 804 J a:, 114 1)6. 10 l>ei /s Feb Jau 114 134 130 144 Dec 19 C34 14 84 1 -i 110 7 >i uei 104 Sept 250 14 Api 2 -s Dec 234 2*4 120 jixij • 84 Cohncom 16 Co common * 46 Anr 294 14 IK) EdLsoncom.25 29 4 80 DO Jan 347 r 24 4" 5 104 2)4 9 Chrysler C orp common.. .o Cities Sen ice Co «'om..-10 2.14 via pref.-.100 Amer Tel A Tel Co cap. 494° 49 4 5 14 Chicago Corp 7% cuniul oref... —100 Cunaliiguara D 8tores.2>s Curtiss-V7r ignt Corp com. 1 98 5 93 Cent btat« low A Cudahy Pack C)m 7 It 404 93 33 ....-.* pref Consolidated Biscuit com. 1 Cmwotl-iated Oil Corp... ; Consumers CoCom pt 3". 1 v t c cl A — 50 Com pt s i vtcclB- — • Vot tr cifs part pf shs.50 % : 33 4 Uiil com.—50c Com'wei.lth 4 6 54 6 Decker (All) A — 650 2 Pec Dec Apr 5: 69 4 4 Corp com.. 1 preferred. - of Amer— Common..—;.20 Cra ic Co con: raon 2<> Range for Year 1941 48 4 AHls-Clialmers iVIfg Co...* 3 Dec 3D 194 Feb 5 74 May- 114 12 200 Dec 134 1> 80 84 13 ^ 84 Dixie-Vortex Co com 494 7 8 104 54 204 Mar 14 31 oates of Prices Allied Prod lets Corp cl A25 5 32 298. 14 June 10 ." r—— Auier Rid A Stand com..* 494 e ■ Al)bott Laboratories com.* 7 Eastern Gas A Fuel Assoc 44% prior pref 100 6% preferrel.. — -.100 45c Jui 464 Week's Rang Price /Hied Laboratories coin..* 133 4 25c 10 Apr 540 Sale Acme Steel Co common.25 11H 10 20 4 5 Dopper Range..-. East Boston Co.... 4 598 453 200 450 24 20 4 ' Cent 111 Secur 32 H 1014 10*4 .188,00:) ... - 54 '.'11 nmet A He.la.. Cent 111 Pun s>crv Jan Last -n 24 94 Jan Dec Jan 55 Ft, % Aug 84 72 4 2I4 4 11 25 "4 pref 283 129 304 34 38c 5% cum conv Dec 8 184 Jan 204 Sept Apr 254 June 4 4 234 214 64 Dec 674 5*4 ' Dec 30 Prior lit n 690 Aug Apr 5 i Dec Dec Dec '140 754 16 m V 2 1) 640 94 54 Dec Dct 2,160 104 Butler Brotners Preferrtd 27 com* .--10 Jau Aug Oct Sept preferred.....-* Mar Feb 41 (E L) com... —5 253 Feb A n> 52 4 13 Class A 194 1 32 4 Brown D»e 50c 194 124 700 330 830 144 Feb 8 Jan 314 60 4 r944 Bruce Co bath inclusive, compiled from official sales lists 14 "2" Providence..100 footnotes see '01 Friday 1 /4r %/. X 64 970 -100 ' 14 _..-j-.. 224 Nov 174 JO 1*4 5c 920 20) 20 4 lie 68 Dec Corp com..5 Fence A Wire- 114 18 Pec 15 July July Chicago Stock Exchange Jan Maine— stamped... 100 3,850 7 100 34 ... July 52c 4 100 154 124 374 34 Container Curp 34 July 104- Aug For 55 * A 44"'48 Apr dostori A 403 74 2 4 Borg Warner 64 High 6,350 Laughlin Inc com.5 Bliss A Dec 182 Bethlehem Steel Curp July Sept Jan 234 Common 5 Oct 2 1684 May Joston Elevated... iostou A Dee 26 4 4 *69g" .. — Dec 2c 34 *28 ited Shoe Mach Warren (S D) Co..---. 99 4 9 14 4 477 632 "224 2 4 4 Low 4 314 24 * 74 r2'»4 „ 24 ^eelig M fg A com 5 24 Bonds— 11') n ' 6<0 20 14,902 13 Vioe * EMass lostoii Edison ..-—25 —100 Herald Traveller.* 44 1004 154 224 14 .* Hlyh 3,030 1254 1284 7 82,;, 86 Albany....;.. 100 4 . Week's Range 7 * 3ird A Son Inc... Dec May 203 Corp.25 Utah Metal A Tun Co.—l W arrenBtos.. * both inclusive, compiled from official sales lists May 4 4 154 214 Mnch Co...11) United Fruit Go.-.. 10 to Jan. 16, 18 4 7,610 632 Union Twist Drill Co..-.5 Jan. 200 4 4 4 25c —KM) Torrington Co (The).....* U 314 '32 B.itte.-;.2.50 Stone A Webster.. — May 100 Pacific Mills Co-^-.- —* 67 — 5c 34a 285 49' 423 — 184 4 Feb 23e lc - 2*4 1975 A 5s flat 1*004 Tel A Tel.-.400 Rights (iisued) 954 48 12 4 9 NYNH AHartf RR-100 Bonds— 2 U 20 4 234 Bait Transit Co 4s flat 1975 60 175 16 29 314 Linotype..* 31 - 28 13c Narragansett Jtac Assn-.l Nd Tunnel A Mines.;.--'' D.t N 2554 May May May Dec 11 —100 Associates vtc.-l Mass Util 2 34 f 4 Maine Central com....100 134 fr'w-- 2 Western National Bank.20 75 Jan Aug Razor 94 4 Cisualty2 U 9 Fidelity A Guar 100 -94 22 4 235 236 Mercantile Tr.Bt Co.-* .oO 15 July 28 47 25 27 H 1 ' Dex. 14 Jan 31 23.36 "57 34 34 Co.* Co.. 15 com—5 preferred ——50 Gillette 8afcty Sept 304 40 ' 100 10 4 Fidel A Guar Fire Corp.. 10 23 >-8 Range for Year 1941 Shares H4 114 . Bl?ssi lg cam..... * Co com..... 19 Bendix Aviation com 5 for Week High 34# B.Mden Mfg 5.5 110 4 17 Oct 1 1184 720 284 21 2 Jan Preferred vtc... May 90 34 Dee 54 B istlan 1 Dei 102,;: Barlow A Anr 244 23.98 Aug 84 2 110 1124 115 r. 244 34 Feb 14 105 v Sept June 2 1 - 16 14 34 Lamson Corp iDel) 3) m 102 5 Loiv 34 common..5 S Fc com —100 Atney Truss Wheel cap. A Aviation Corp (Del) 3 3 000 2 vfci 5 Isle Royale Copper 1,400 w'i Aug Sept Jan 15 100 UK) vtel 19 90 May 60 June Range of Prices Price Pat Atch Top A 280 24 * 74 4 2 Sept 51 - . - 15 Jan 5 4 173 4 % preferred B. 4% preferred C; Eastn Sugar Assoc com - 753 714 12 4 4 > - — Empl Group Assoc T c...* General Ca.dtal Corp.-—* July 133 14 preferred..—.---lOG Preferred B—:. .-.v: Low Shares 14 —...1)0 Common for (Continued) Stocks High both inclusive, compiled from official sales lists Jan. 10 to Jan. 16, Sales Week's Sale. 84 ' 34 * 34 23 34 2) 200 2)0 3 254 Ap Dei Dec 284 Sept 11 Nov L4 aan 21 Aug *4 sept 334 Feb com—...1 24 24 100 ks-M or«e c 0 m - - * - * Foor-Waeel Drive Auto. 1) 3:4 3/4 50 3*4 May 45 4 Jan 8 8 150 54 Feb Brewi g .om.h ,17 17 */• 0 De. 94 26 Sept Ee,,t Mv 5 Foe ( a 1 eter) Fuller Mfg On com nnn__ 1 74 1/ 4 44 150 2 16 34 Maj 3 Jau t»*1 THE COMMERCIAL & FINANCIAL CHRONICLE 296 Tuesday, January 20, 1942 OTHER STOCK EXCHANGES Range for Year 1941 Last for. of Prices Low High Week Price Par (Concluded) Week's Range Sale Stocks 14 % 150 14 Gen Amer Transp com... 42% c27% 44 % 326 39 H 28% 750 24 % 38% 39 % 224 33H 31% 2% 33 3,150 28 % 3 110 3% 3°0 2% 2% 6% Gererol Electric Co cornGeneral Foods common.. 32 % com—10 General Outdoor Adv com ~~3H Gillette Safety Razor com 3% Goldblatt Bros Inc com.. 6% OH 100 GoodyearTlre A Rub com Gossard Co (H W) com.. 11% 12% 8% 11% 10% 184 8% 11% Great Lakes D & D com.. Hall Printing Co com—.10 7% cap—' Parts 10 10% 10 11% 7% Harnischfegcr Corp com. Heileman Brewing 7% com.-—-* 12 300 8 50 7 50 28 % 30 12% May 14% Jan Jan 55 7% Dec 950 al6 Dec 1% 1% 1 % 800 7% 625 7% 15% 3% 71% Lincoln Printing 13% 100 2% 223 • 63 % 7% 46% 175 70 6% 42% % 10 1 50 21% 4 Dec Jan 9% - Aug 56% 2% July Jan 12% 10 % Dec 18 Mar 6% 100 5% Dec 11 Jan 3% 40% 3% 40% 550 3 Dec 5% July 50% Jan 50 Dec 88 % Dec 25 May 38% 50 95 95% 26% 26% 100 5% 2,400 10 10 % 120 10% 2 6% 10% 20 14% 11% 15 30 5 3% * Marshall Field com cora.l * Merch & Mtrs Sec A com.l 82 cumul part pref * Miskelberry's Food ProdMartin (Glenn L) Co 12 - 24% c24% 13% "2% 2% Dec 27% Jan fvg 7 % Jan •106% Midla. d Util 6% 7% prior lien 3% 3% 3% pf A * 11% July 16% Jan Sept 11 Dec 17% Dec 32% Sept Jan 19 9 2% 60 Dec Dec 26 11% Columbia Gas. 12 ; Tlmken Roller Bearing ._ 1%. . 33 172 50 ,972 150 3% Dec 3% 150 2% Dec Dec 50 11% ~ • 3 % Montg Ward A Co com..* 26% 28% 511 Spriugfilled com* 8% 8m 50 -—.1 Monroe Chemical Co com Jan / % 50 5% 3% % 5% 3% Apr 3 50 100 . "200 100 Dec 6 Dec 3%' Deo % Dec July 4% 29% Apr Apr 5% 6% Feb Jan 7 Apr 9 v , Dec Dec 9 . Dec .' 620 40 33 37% 15% July 10% Sept 4% Jan 48% Jan 51% Jan Dec Dec Dec Dec , 43% . 7% 6% 1% 39% 11% Oct Jan Feb Jan Oct Jan. 10 to Jan. 16, Exchange .4% Nat Cylinder Gas com—1 National Standard cnra.10 "27 % c3% 8% 27 c 9% 22% * N Y Central RR cap Noblitt-Sparks Ind cap..5 North Amer Car com...20 *22% 4% 10% Northwest Airlines com..* Nor West Util 7% pref .100 "m 5 6 Paramount Plct Inc com.l Omnibus Corp com Sale 5C Penn RR capital Peoples G L A Coke cap 100 Perfect Circle (The) Co...* Pullman Inc capital Pure Oil Co (The) com...* Quaker Oats Co common.* Preferred 100 22 % "2i" Rou BpiHl Laihe Wks cap 5 14 32% Nov 8 200 50 60 10 17 Airway Electric pref 100 Brass Mfg——50 City Ice A Fuel .... 22% Dec 200 Nov 9% 148 74 110% 74 1,432 8 110% <r . - 8 14% "76" lnterlake Iron com... 39% 12% 10 61 44 May 100 6 128 * Jan 1% 1% Dec 43% Jan 21 Jan July 3% Jan 18? 100 Dec 5% Mar 92 1% 100 9% 9% 9% 47 10% 400 10 ■28% 28% 31% 28% 307 27 31% 60 33% :r~5% 5% 5% 250 4% 7 7% 290 " 7% Vlchek Tool. * 4% 5% Weinberger Drug Stores.. * 7% 7% 120 Dec 4 • Oct. 2 Dec 3% 70 " Jen 7 100 * Mar % Oct 3% June 49% Aug 3% May 6 6 10 26 Aug 1% % June 1% 37% * Apr Mar Jan 15% 100 2 Feb 18% 85 48% 11% 38 3C 4 Dei 37% 1% Patterson-Sargent * Rlchman Bros.. * Standard Oil of Ohio .—25 1 19% 2 National Refining new...* U pson-Waltou 39% 4 Natl Refining pr pref 6%.* Nestle LeMvr A * Otis Steel Jau July 36% Dec 20 39% 19% 19% * cNYCentralRR com...* Jau 13 Dec 50 7% Metro Paving Brick Dec 116 Jan 27 39% 7% 39% lnterlake Steamship 110 14% 70, 70 Grelf Bros Cooperage A..* J aeger IvI acnine Dei 7% 35 Aug 33% 17% . Firestone T & R com—10 Great Lakes Towing pf 100 Dec 32 , 115 Oct 10% 50 110% 110% 31% 31% Mar Feb 81% fe -t Dee 25 Jan 6% 10% Dec 109% I05 22% Dec 66 '0 31% 14% 30% 13% ' Dow Chemical pref.... 100 Eaton Mfg. 4% 7% 35 110% 110% 31% Cliffs Corp com ... ..5 Colonial Finance.-..-i.1-1 — High 60 4% 9% * Cleve Elec rilujm 5:4.50 pf. * Cleveland Ry 100 142 21 20, 137 8% 25% 9% 68% c9 64 145 c2% 15% 10* Jan Apr 13 Aug Dec Jan Dec 35% 48% Dec 6 July % Ja« 9 July 7% Sept 10% Jan Dec ,, 7%. Jau Dec "HI 1% cl7% 32 4 % c4% 13 Jun Dec 28% Aug Friday 11% Last Week's Range of Prices 141% Dec 4% 2% Sept Aug 14% Dec 20% 13% Dec 22 % J an 49% Dec 78% Jan HQ .2.9 % Mar 4,30 50% 10 2% Dec De 50 5 420 3% Dec 1% 25% Mar 37 Aug 6% 1% 1% Jan 765 c33% 5% (i% 6% ... c4 1 Sundstrand Mach T'l com 5 25 Swift A Co canltal— 24% Swift International cap..15 Texas Corp canltal— 26 Thornpsjt (J R) com....T Trare Co (Tb -') com 25 Union Car'c A Carb cap..* % 70% United Air Ll.es Tr cap..5 U S Gypsum Co com. U 8 Rubber Co com 10 * 18% '24% '21% 35% 13% 24% 22% 32% 475 250 4% 5% 3% 000 .... 5% 53% H/34 1% 17H 11% cum preferred 100 Utah Radio Prod com—] Walgreen Co common_...♦ Wayne Pump Co capital.. 1 Western Union Tel com 100 25% WestLghs El & Mfg com.60 79 568 138 20e Jan Dec 6% Jan -. -. 76c -Jan 1% Sept 1 Williams Oil-O-Mat com.* 1% 4 2 oom 91 1% 4 fcenlth Radio Corn com..* Sale Far Stocks- Price ~~2~l% of Prices High Low Aug 146% 6% Nov Jan Dec 12 Feb Jan 79% Sept 17 Jan 69% Oct 150 1 Jan 3% Dec Dec Dec Dac 79% 5% Dec 15% Dec Dec Dec 28% Jan Sept 70% Jan 130 Jan 1% July May 104% Jan 2% 50% 8 Feb 93 Mur 5 Jan 15% Jan Jan Apr Aug Detroit Gray Iron com..5 Detroit-Mich Stove com.. 1 "i% .3 3% 3% 1 General Motors com 10 Goebel Brewing com 1 Graham-Paige c unmon.. 1 Grand Va'ley Brew com.. 1 1% 670 32% 1,024 2% 1% 31% 2% 7tic 75c 76c Gar Wood Ind com General Fliaace com Week Cb am p Paper A Fiber .... * 6% 16% 16% -* 2% 3% 184 84% 85% 89 90 Baldwin.. .8 Churngold. . .... Cin Gas & Elec 100 pref 84% 20 CNOJtT P Cincinnati Street——50 Cincinnati Telephone —50 Cia Un Stock Yards * "7% 76 Houdillle-Hershey B Randall classB —* U 10 * Wurlitzer nreferred page Dec 8% 100 300 1% Dec 3% Jan 53c 58C 58c 100 50c Dec 1% Jan 1% 1% 8,440 2% 2% 2% 2% 500 1H Apr 2% Sept 095 2 Deo 4% Feb 100 3 5% 99 11% 8% 40 10% Jan 550 1% 903 1% Dec 2% 2% Au? Aug 100 90c Nov 1% Jan 75C 80c 4 54 1 1% 1% 1% 1,520 1 Feb 1 % Wayne Screw Prods com.4 2% 2% 2% 300 2 Jan Jan Se^t 4 4 500 3% 2 20 4% 4% 6 26% 27% 170 116 Dec Dec 1% 4 25% 1% Nov Dec Dec Jan 10 15 Feb 23 5 Dec 9 Baldwin Loco Works v t cl3 95 Feb 103% 1 Jan 4 8% 34 Stocks- Par Price 1.70 1,300 400 62 %c 62 %c 8 7% Jan Jan 6% July 43% July 9% Jan 97% June 4% 4% 8% 18 1,884 ""7% all% Central Invest Corp. —100 Cessna Aircraft Co 1 -..... Chrysler Corp ......5 a48% 6 Consolidated OIL Corp...* Consolidated bteel Cur p.* Preferred 19% —.* al0% all% 11% 11% 10% 10% a48 a48% 6 5% 5% 5% 4. Dec 5% Jan a9% 21 13% 1,612 13% 11% Oct 13% Dec 16 Oct Sept 8% 2% 405 4% Apr 550 1% Apr 11% 2% 2% .2% ale a2c 134 2c Nov 5c Jan 35c 35c 1,000 40c Sept 40c Sept 8% ale 400 1% Dec 126 815 2S% 433 28 28% a30% 19% 19% Flectrical Products Corp.4 Farm A: Merch Nat Bk. 100 6 6 385 385 Gen Motors Corp com.. 10 32 Gan Paint Corp com..:—* Goodyear Tire & Rub Co Hancock Oil Co A Mm — 32% a 12% 23% 100 al4% . . 75 14% al4% al0% al0% Jan 46% Oct Sept Jan Sears Roebuck A Co al5% a'22% a9% Aug 20 Nov 7% Feb 10% Sept 1% Nov 347 Dec »i» 25 Dec 35% 23% 1 % 31% 22 110 Mar Dec Dec Dec Oct 39 2 2% 9% 4,374 25 • 2 11% 9% Jan 20 320 3% May 20 Dec Dec 17% 9% Dec 17% Jan 25 6% Feb 9% July 50 1 Dec 3% Aug 60 % 10% Feb 15% 95 17% Dec 25 65 8% Jan 11% Dec 110 2% 15% Dec 4% Jan Dec 22% Jau Dec 7l% Dec 10% Apr July 91 516 7% 250 150 51 7% *'3%- Dec 23% Dec 46% 8% Dec 3% 20% Dec 23% a30 a33% 332 37 Jan Dec Dec alO alO 431 31 Jan ' 115 04% Feb 45% 11% 7,8% 34% 155 33% —340 21% 38% 28% 51% 16% 54% Dec Feb 365 17% Dec 16% 5H 100 2% Feb a79% a79% a79% 150 74% Nov Jan 68% 5H a . 30 a70% a7i % 34% a 15% a 9% Mar Dec July May Sept Jan Dec 0 77% Nov Philadelphia Stock Exchange Jan., 10 to Jan. 15, both inclusive, compiled from official sales lists Friday Last Sale Stocks— Par American Stores Price lludd (E Gl Mfg Co Budd Wheel Co—. Sales Week's Rang* High Low 765 128% 3% 718 200 00 47 6% 48% 8% 115% 2% 5% 295 17% 90 30% 31% 31% 33% 114 115% 310 844 28% 112% Dec 0% *48% General Mo tors........ 10 32% Horn AHardart (Pb 111) com * Horn A Hardart (N Y)— 115% 40 27 27 16 61 >0 202 10,855 2 445 3% 3% 52 % 55 % 33 54% 35 Tonopah mining. % u« Improv com* 16% 5% * 106% ;._ WestmoreRr d C ml 20 2 v Tacony-Palmyra Br cl A. * "18" ' % "st 14% 16% 5% 5% 104% 103% 10% 11 13 18 17% 29% 8% 1% 650 3% io?% mu 50 Jan Oct 31% Dec Apr 50% 55 Apr 39 650 Nov % Jan 7% 3% Jan July Aug Mar Nov 25% Apr 31% 12% June 3% 39% Jan Sept Jan 112% Jan 68% Dec Jan 40 Dec 82 Mar 1% Dec 13% 4,827 % Dec 1,200 160 Jan 120 5% 5% Dec July 34% Feb 34% Sept 48% Jan 31% July Dec Dec Dec 109 117 71% Feb 2% 3% 2,437 8 Dec 2% 678 i07% Dec 21 3' 10% Gas Dec 3 30% Preferred Dec 2% 10 United July July 3% 3% 22% 30% * * Jan 7% 2% 1% Phila Elec Power pref...25 United Corp common Preferred 178% Dec Dec Dec 28 % 1,23) PMIco Corp. ....8 Salt Dome Oil Corp....„ 1 Scott Paper Sun Oil.. Dec 4% 23 I referred...— 11% 41% 50 Dec 4% 21% Pennsylvania RR......50 High 10% 12-3 3 * Lehigh Coal A Navigation* Lehigh Valley RR ..50 Nat'l Power A Light * Pennroad Corp v t c._...1 Range for Year 1941 Shares 17% 120% .« Chrysler Corp.—.— * Curtis Pub Co prior pref.* Electric Storage Battery 100 for Week of Prices Low 10% .... American Tel A Tel. ...100 30% 10% 117% Jan Jan 4 Dec 100% Dec 107 10 50 Dec .Jai 13% 19 21 Jau Jan Apr July ^ 10 to Jan. 16, both inclusive, compiled from official sales lists Friday Sales Par Week's Range for Sale of Prices Weekr Price Jan 21% Low High Range for Year 1941 Shares Law 210 17% 60c fiOc 100 50c 7% 346 5% 5% 8 8 8% 1% 1% 1% 1% 50 902 1 900 1% 15% Ilarb Walker Refrac com.* 95 1% 15% 110 94 95 100 45 . 1 High Dec Lone Star Gas 7% 5% 4'L5 6% 5% 1,020 4 % Nat Flreproofing com....* 65p 70c 800 9% Jan Penn Federal Cory pref. 50 410% Jan 4% Dec Pitt BreWig common...* Fltt Forgings Co.. .1 Pitts Screw A Bolt Corp..* 5 Reyrner A Bros common.. 4 Shamrock Oil A G°s com 1 "9% 47% 7% • Jan July 20% Sept 33% Feb 25 25 25 5 Dec Mountain Fuel Supply.. 10 7% Dec 13% Sept 7% 25 90 8% * Dec Aug Dec Dei 1%. Pen 1% Nov 6% May Dec Dec 21% 23% Sept Dec Dec Feb Dec 21 6% * Dee 22% 0 >» - Jan 00 133 Dec ,11 Dec May 25 5 24% 5% 190 Jan a4% 24% 375% 28% 007 Jan 40% 0 260 15 «4 'i 10 32% 23 Jan Dec io;< U S Steel Corp.. Warner Bros k tures Inc.5 Koppers Gas A Coke pf.100 Apr 4% 4% all% al3 Jau 3% 150 3 J* Dor - - 7% 11% «17% al8% al2% al2% 53% 53% - «71% 14% Sept 68% Mar Apr 10 5 July Oct 13% Dec - «4% Union Carbide A Carbon.* Aug Dec 1,313 Jan Ai g Oct Sept 3% 39 "40% a37% Byers (A Ivi) Co com. * Columbia Gas A Electric.* Flectrie Products.— * Fort Pitt Brewing.——..] 50c 4% 34% 39% 29% 13% 7% Texas Corporation (The) 25 Tide Water Assoc Oil Co. 10 Blaw-Knox Co Sept 97 %c July 9% Oct 8 5 4% 25% 25 Westingliouse El A Mfg. 50 4 Feb 29 3 "al 8% 1 United Aircraft Corp. ....5 U 8 Rubber C'o...... 10 Dei n 200 V : : a7% a7% a2% a2% al4% al5% a'22 a'22% a9% a9% * — .. Dec 17% 100 a!3% a!3% 19% 10% * * 1 2% 135 275 9% .* k-turcs Inc—1 July 117 9% —...... 38% 800 ,7 —* Jan Sept Jan „ 10 a27% a27% "~2% Deo 18% Dec 20% a36% a37 10% July 26% 83% a2 36% 30% May Apr 50 a 29% Jan Dec a27% a27% a Feb Julv Dec 16% 95 a2 Apr o7%k Nov 8% 1% 28% 1>4 27% Dec 36% •3% . Jan 7 40% 158 65 200 a38% a39% a39% 3% 3% 17 Jan 471 21 8% 28% 448 1% 1% 3% 21 8% . a40 a40 . American Co 35 120 100 a9% a9% a37% a37% a02% «05% 22% 22% a62% Dec Dec 22% 18% 21% 13% 8% 138 a21% a21% Borg-Warner Corp 5 Caterpillar Tractor Co...* Allegheny Ludlum Steel..* Auto Financing Co com..] 89 41% 5 Dec 35% 119 60 a30% a31% a a9% Bethlehem Steel Corp.. al28% 3% 215 126 a a37% _ 210 a41% a42% a41% a 5 2% Sept 1.20 May 765 100 J an High Jan 763 Sept 5% May Low 2% 625 Jan Aug 2% 5 Stocks- 2.60 Feb Nov Dec 8% Westmoreland Tn<j——10 Week 1.60 Jan 25 29% 815 1,029 Last 2.55 2% July 61% Sept Jan Feb 29 13% Barnsdull Oil Co.. Range for Year 1941 2.60 Air Jan Mar Dec Dec 20% Bendlx Aviation Corp Sales ,1.60 Jan Nov 3% Dec Jan 30% 29% 34% 14% 27 25 12% Jan 47 % 29 Atlantic Refining (The) .26 both inclusive,"Compiled from official sales lists Bandlni Petroleum Co—1 30 % ■V 30% 28 60 20% Sept Aug Aug Dec 1,107 20% Aug 0 May 26% 200 11 43% Dec 16% 38 26% 4% 100 AnacondaCopper Min Co50 Atchison Top A San Fe 100 Jan. Aircraft Accessories Ino50c 24% June 95% Dec 20 <£« Pittsburgh Stock Exchange Jan. 10 to Jan. 16, Jan Jan 1 Jan July 95c July July 45 49% 1% 2% 1% June Apr 2 22% Sept 8% May 23% Sept Dee 25 Ja 1 " 1% 2% 1% Shares 777 Jan 135 of Prices Low High 29 Aug Jan 5% 7 Salt 52 5% 4% Dec 1 % 11 Jau 100% 100% % % 298. 8 Dec 9% 2% 1" For footnotes see 7% .July Dec 90c 95c Broadway Depart Store..* Byron Jackson Co * 100 Jan 5 895 7 Bolsa Chlca Oil common. 1 5 4% 100 98c 1% Jan 35% 1,331 5 Mar 95c Mar 85 7% 1.00 1.25 5% 1 com 23 5 Jan Jan Tivoll Brewing com 1 IJ 8 Radiator com——1 29 3% 60c Mar June 1 Dec 35'% 900 1% 2% 2% 2% 1% Dec 85 2 9% 2% 7 1 19 10 25c Dec ft 396 SPrintiag^referred.-.50 Wurlitzer— Dec 100 * 10 4 Dec 15c 1% 100 Week's Range 23% 4 1 700 300 Last Dec Jan 1% 1% Friday 7 Mar 60c 1% Feb Jan 4% 10 —38% May 250 6% Dec 1% Dec /21c Sept Oct Dec 46c Mar 1% 1% 1,;:,":'; 98' 28% 27 700 Jan Oct 40c 2,125 107% 28% -* Dec 17 2,(00 1% Feb 70 13% 1 36c 60c Dec 208 Apr Dec 25c .. 5 Peninsular Mtl Prod com. 1 15 1 100 21 7% 93c * fO 51% 1% Nov 1% ;• Murray Corp com 10 Muskeon Piston Ring..2% 17 1 80c Dec 21c Preferred.10 20% 50% 1% Mar July 14 50% 30c 2% 30 8% Jan 83% 87% 500 38 1.00 52 32 % ,._...* U S Playing Card 176 2% Dec 100 60c 30c 1% Mid-West Abras com..50c com... Dec 56c 55c Michigan Sugar com..._. 1 Prudential Invest 2- 750 7% 1 _ 48% 100 Michigan Die Casting——1 Packard Motor Car com. Dec 9% 1% Motor Products com Jan 17% 37c Wolverine Tube °om At g 2,329 41% June a27% Smelting Ref Co.....* Amer Tel A Tel Co Jan 2% 9% Kingston Products com..l Kinsel Drutcom........I Masm Acrew Prod cohi.,1 McClanahan OH com 29 % Jau Se t 2,635 32 vj, ,.10 Rapid 5 Dec 24 20% 8% Dec 2% May Unlisted Stocks— Apr July 17% Hurd Lock & M fg com... 1 20% National Pumps Iff Prirtp g Dec 32 V Kroger * Little Miami guaranteed 50 - Dec 14% 1% 626 23 20% 41% Am Rad A Std i-an Corp.. Am Mar 400 2% 60c * 17 —r_ Preferred...... 6% 15 6% 8 ...* PAG 21 8% 38 Formica Insulation. — 76 194^ 40 V Jan Aug O.t 23 Warner Aircraft com High Dec 8% ...... Hobart A. 75 7% Low 14% 6% Crosley Cor p.. --.-* Day ton-A-Mich gtd-— Eagle-1 icher 10 Gibson Art—. 7% 6 V Pec ' Hoover Ball A Bear com. 10 Standard Tube B Range for Year • 17 120 FhellerMfgcom.. 1 Simplicity Pattern com..l Exchange 20 Prlr.ca Cons Mini:,g.. 10, 4% June May 230 1,753 2% 1% 90 21% 17% Dec Feb 350 Jan 40 Sept 94c Dec 71 20% Amer Laundry Mach—20 17% 3 18 ■ 1% 10 Shares 15% June 52c Dec 126 110 for 150 1 1% Sales Week's Range 78c Ja 1% both inclusive, compiled from official sales lists Last 91c June 151 78c 93c 17% 100 Detroit Edison com _. maay 1% 15% 250 15% . 4 Frankcnmuth Brew com.. J Sept 155 4% "26% Cardinal Gold Mining Co. 1 Sept Jan 2% Cincinnati Stock Dec * Cunningham Dreg com2% Det A Clev Nav com 10 RickeKH W) common...2 River liaison Paper com * Jan. 10 to Jan. 1>, 2% Sept Feb 400 555 1 19 10 3% 5% 2% 10% 9% 3% 1% 3% 3 24% 12% Mining Stocks— A1 iska-Juneau Gold MrglO „ 9% July 1% Sept Jan 130 50 Mtr Apr 18% Mar 31% Oct 230 60c - Nov 24 1'3% Dec 6 1 Dec cl2% Yates-Amer Mach cap...5 Yellow Tr & Coach el B..1 5% 3 1 Dec 150 030 1% Mar 181 200 1% 150 H 59% 3% 1% 7% 1% Oct 9% 200 16% 10% 57% 3% Wrigley (Wm Jr) Co cap .* % 6% 1 Micromatic Hor.e com...1 91 * prior pref.... Woodall Indust Dec 3% 800 Wi sboldt Stores Inc— Cum Jan 2c 225 1% 362 10 5% 200 4% 300 11 200 8c 3% Jan 1.0.) Dec 220 7% 8c 2% 1% 37% 14% 47% 105% 1,017 7% 3% Nov 4% 9% May 75 7% ""3% 1% Durham Mfg common—.1 Dec 11% 45% 11% 55% 119% 1% 18 % 11% 26% 80% Brown McLaren oom 150 1% Jau 16% 34% 3% 7% 61% High July Sept 19% 150 Low Shares 7% 1,100 Feb 23 .1 Studcbaker Corp Swift A Co 6% Aug 7% Wellington Oil Co of Del.l Standard Oil Co (N J)..25 8% Sept 26% 225 "20% standard Brands, Lie. —* Range, for Year 1941 Dec 25 28% Radio Corp of America—* Apr Dec 39 850 cl6 53 % 7% 2% Sept 34% July 46% Dec Dec ,73»/4 Vultee Aircraft inc Republic bteel Corp 1% Continental Motors com.l May 9% High Low 1% — Aug 16% 6')5 Price Burroughs Add Mach.... * Consumers Heel com...-1 4.600 6 69% Apr Oct 40 110 4 8% 10% 44% 2C U R Steel common 4% 6 6 0 % 287 y" -1 A tlas Drop Forge com—5 A uto City Bre w com..... 1 Baldwin Rubber com 1 Allen Elet trie com... Crov. ley h liner com 400 26% 40% '6 Par Stocks— Jan 70 13% Vay Dec Dec 8 Seaboard Oil Co of Del. ..* Aug Jan Dec 17% " Ohio Oil Co— ' .. Week 2% % 11% 530 6,601 . Socony-Vacuum 011 Co. 15 for tale Jan 564 „ . sales ■. Jan 20 19% 4 North Amer Aviation Inc 1 both inclusive, compiled from official sales lists Jan 24% - ? Exchange Dec 1% S tudeimkpr Cor p com Jan. 10 to Jan." 16, Aug 11 % 13% Paramount Dec 5% Dec a9 Puie Oil Co. Detroit Stock Au? Dec 4% Pennsylvania RR Co...50 July 70o 6% 13% Dec Sept Jan Jan Sept 3% a9% Dec 27 30o 8 Montg Ward A Co Inc.—* Mountain City Cop Co.5c 1% June 54 Sept 400 31 100 2 16 25% Mar 603 Mar 518 Union Oil of California..25 63 Jan 2% Jan Aug 46o 3% 8% Packard Motor Car Co.—* Dec Dec 35c Jan 10% 8 Tra'iscon & Western Air. .5 Transamerlca Corp North Telephone: Randolph 5530 Dec Apr 1.15c 200 Mchestsmi A Roiiblns Incl8 DETROIT 160 25M 40 % Stork line Furniture com. 10 " 114 4,537 a41% a41% NY Central RR Co.....* ' Chicago Stock Exchange Ford Building Jan Kennecott' Copper CorP— * 105 1 Ptewa: t Warner Corp com 5 ' Dec 20o 20 *13% -. Jan ^ - Standar'' Oil of N J cap.25 Detroit Stock Exchange '.... New York Curb Associate Dee Standard Oil of Ind cap.2ft Common.. > ; Dec 4% 4 50 % Members Exchange 6% 1,000 30% 8% "4% Standard Oil Co of Calif.* General Foods Corp.... Jan 300 . 32 32 ^ New York Stock 330 35c 10% InternatkkmyTf 1A Tel... *} Aug 440 15% 51 Southerh Pacific Co 7% 39 8% Signal Oil & Gas Co A....* So Calif Edison Co Ltd. .25 Original uref —.'.25 6% preferred B_ 25 5% % preferred C 25 Sou Calif Gas 6% oref A.25 Nov al 1% all% 10 . High % 7% Intl Nickel or Canada—..* 9% 400 18% 15 53 '4 — Corp com ...» General Electric Co. Wa iling, LerchEn & Go. 51 >$ 121 2% 1% — Low 100 3% 8 Curttes-Wright Corp.—_ 1 Electric Bind- A Share—.5 970 90 40c Continental Motors Corp 1 Continental Oil (Del) 5 700 146 .. Jan 6 40c "30% Pae Lighting Dec 20 61 42c Columbia G A E Corp...* Jun 10 1.40 42c * % 17% 36% 17% 967 44% Dec 22% 1.30 1*35 Mt Diablo Oil Mug & Dev 1 Oceanic Oil Co 1 Ryan Aeronautical Co..".l Sept 10% 33 (? 22% Lockheed Aircraft Corp.. 1 Menasco Mfg Co —1 12% 905 21 18 7% 35c . Range for Year 1941 Shares % 1 10c Lincoln Petroleum Co. 45 350 21% 44% 14 Oct 2 20 1 June May 6 % Safeway Stores Inc.- ——* Low 4% Cleveland Cliffs Iron pref. * Lamson A Sessions. Shares 19 1.17 Akron Mar Oct 8% 1,200 Aug Price Roberts Public Markets..2 Range for Year 1941 Week Low Jan 9 c21% 9% tkyclscap.* Standard Dredge— Dec Dec 15 G3 Spiegel Inc common Standard Brands Inc com.* 6% 19% 3% 7% 60 146 Sears Roebuck A Co cap. .* St Louts Natl Jan 650 10% 7% Radio Corp of Amer com.* Raytheon Kfe G% pref..,c Republic Si eel Corp com.* Sangamo Eiec Co com...* Jan 32 1,040 22% 4% 6% % 1 * Pressed Steel Oar "om 27% 9% 11 Week Richfield Oil Corp com... * for of Prices High Price Aug Dec Dec 14% .6 Class B com 5% 8 22 60 c Peabody Coal 6% pref. 100 Dec 2% 90 200 9 10 9% 10 Nunn-Bush Shoecom. .2% 2,450 ■4% Lane-Wells Co Preferred A—. Sales Week's Range Last Par Stocks— c for of Prices Low High Pac Gas A Electric com.25 both inclusive, compiled from official sales lists Friday c Week's Range Pac Finance Corp com.. 10 * Nash-Kelvlnator cap—6 P"r Pacific Clay Products Cleveland Stock 17% Aug 17% Sept 1% June ' 24% Stocks (Concluded) High 7% % 29% v. * 1% . 31% 43% * VauDorn iron Works 2,950 3% 4 3% % preferred-.-.10 - Dec 13% 20 % 1,300 12 12 prllenlOO —100 Miller A Hart Inc com v t c Minn Brew Co com. 13 13% May 20 Low • —1 Common Mar 21 Dec 9% 310 2% Dec June 7% 11 1,105 12% 25 13% 27 27 Middle West Corn cap...5 Midland Un Co conv 10 11 % — McCord Radia A Mfg cl A Nachman Jan Apr 90% Dec Dec Dec Aug 6 >4 * pref..* -'* Carbonic com * prior 10% 12% $3% prefened — Lindsay Lt A Cl em ,<1 Dec Dec Dec Co— Lion Oil Reig Co cap. Liquid 400 3% % c7% Ky Util jr cumul pref--50 6% preferred—— ..100 7 4% 46% . oucrS7 pref..* Iron Fi-em an Mfg v t o.--* Jarvlf (W B) Co cap—5 Katz Drug Co common. J Interstate I pref.. 16 72% 3% June Dec 1 Shares :m.. .9% General Motors------.10 Jan 40 Dec >1. 15% 11% 25 —.„-_* * Jan 13% % 12 Dec May 0% ....... Amer Rolling Mill 9% Nov 9% Jan 8 7% Range for Year 1941 Jan Sept 10% Jan 17% Mar 16% Jan 9, Sept Jan % Inland Steel Cocap—....- lnterlake Iron Corp com.. * Internat Harvester com..* 8 last Sale for Hupp Motor Car Corp—-1 City Ice 20% Dec 9% com-.100 Indianapolis P A L com..* 1 Indiana Steel Prod com.. Jan Oct 30 12 Illinois Cent RR Llbbv MoN & Llbby com 8% 6% 100 Jan 4% 4% Dec 7% Sept 48% Dec 10 250 *16 Hcudaille-Hershey cl BHvipp a. otor Car com.... Illinois Brick Co cap..— -.10 J.cith A Co'com 7 300 42 Deo 200 Sept 8 7% Bartlett com 25 Horrors Inc 10 Jan 34 30 Hein-Werner Motor Hibb Spenc 55% Dec Dec Feb Dec Oct May Dec Sales Frida' sales Week Unlisted— ' Jan 19 Dec 14% Stocks (Concluded!) High Low Shares Gardner Denver Co com— Gen Motors Corp trlday Week's Range Last Sale of Prices Par Price Low High Soles Friday 30o Deo Dec Dec Jan 60c Aug 10% Jan 11 % Jan Jan 4% Jan 1% July 20% Julv 105 10% 6% 1% Jan Jan Nov Jan 50 24 Dec 25 1% 1% 100 1 Mar 9% 9% 50 Dec 1% 12% Dec 7% Jan June 1% Mar 5 5% 1% 285 1% 2% 2*^ 2.606 100 8% 3% 1 1W Dec 3 Sept July July Jan 297 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4035 Volume 155 OTHER STOCK EXCHANGES Week's Range Last Sale (Continued) Stocks of Prices High Low Price Par United States Glass Co.—1 Vtc 1 103 . 25 "I 18% 1.320 79% 67 18% IS Westinghouse El & Mfg.50 79% 78% t Week Nov 10c Nov Dec 23?* July Calif Packing Corp com..* Preferred. —50 71% Oct 86% Sept Calif Water Service pref 25 ■» - - 8 2% 2% 1 3% Dec 1% Nov Sates List Range for Year 1941 Dec 27% 25 %• 370 25 Oct Jan High Preferred Dec 17c Jan Dec 50% July 1.75 1.95 4,300 1.95 Dec 4 Jan 48% 550 41% Dec 71 Jan Soundview PulpCocom..5 1.75 Dr Peppercorn.— 80 29% Jan 37% Sepl 17 15 16% Dec 28 Mar Dec 27 Jan Dec Dec 12% Feb "• 53 ■ 7% 8% 105 8 8 17 740 .16 'I-.:. ,7 * % 19 .....25 7*4 7% Falstafl Brew com 15 5% 30% 5 5 Nov Oct 8% Dec 3% 313 200 5 6% June 0 375 29% Hussm.iun-Ligonier com 21% Fob 2% 210 ' Apr 17 59 19 5% 5% Emerson Electric com... .4 Aug 8 Dec 31% May 26 Jan 16 11% Ds. 14% May 13 700 6% 50 6% 22% 9 Dec 110% Mar 7% 109 6 4% 246 5 5 St 1. Pub Serv cl A com...! Dec June 6% 10% % 110% 110% 9 preferred———--100 10 15 8% 23 42% Feb 100% 101 1001* 26 95% Jan preferred........ 100 preferred ...100 100 26 94 Feb 7 De. 99 ""ok" Scullln steel common... 8% 23 50 23% 8% "23k Wagner Electric com.i... 15 200 9% 9% StixBaer& Fuller com.. 10 169 May Sept Dec 12 July 46% Jan Nov 5,% ADi 1 10 46% 5 Pre f erred........... 1 '10 Jan Dec 180 12 15 10 % 7 3% 111 12 15 Rice-Stlx Dry Gds com..* Scruggs-V-B Inc com 11% 88 Nov Oct 45% 103 Sept Sept 99 14% Jan Dec 11 Oct Dee 7% 19% 28 68% 11% 83% $10,000 82% 85!* .1039 Income 1904 30% 1,903 30 % 'Jm k vk - - Preferred (w w) « Oct 83 Jan Dec 37% Jan San Francisco Stock Exchange 225 3 Dec 6% Apr >' 10 Dec 15% Jan Union Oil Co of Calif Dec 94 Oct Union Sugar common Universal Consol Oil- Nov 75c Aug Doc 3% Aug 20 Dec Dec 21% Aug Dec 44% Jan 40 for of Prices Low Hign H12 Dec 27% Mar 117% Gen Metals Corp crp..2% * Golden State Co Ltd 4% 6% 503 7 29J 33 J — Aviation Corp of Del Bendix Aviation 6 Blair & Co Inc capital 1 Bunker 11111 & Sullivan 2% Dec 17% Dec 65c Mar Dec 48c Feb 14% 3% Sept Nov 8% 12% 8% 12% 8% Dec Aug Curtiss-Wright Corp 2% 7o Dec 5% Feb Dominguez Oil Co 38% 38% 46 39% Drc 44% Jan Genera) Electric Co 1 30% 308 30 Dec 43% Jan Idaho Mary 27 27 175 24% Feb 1,150 4% Dec 487 19% Apr 31% 200 5% Jan 7% -• i ♦ 350 1.90 Feb 342 3 5 5% 12 Dee 200 5% 23 22% 5% 5% .* A Lyons-Magnus *» 17 34% Aug 7 Jan 1.00 Sept Oct Oct Dec 18% Mar Algonia St id Asbestos Corn..— 26 -* Assoc Bre^rl-s. B itlmrst Pow & — 6% » 18% 479 5% 325 4% 80 12% Dec Feb Dec V 48 Jan Apr 4% Feb 26% 31% 45 30 Dec 5 May 10% Jan Apr 27% May 28% Aug 465 22% 140 20% 21% 29 % 203 18% 125% 125% 25 110 > 48 21 Oct 23 17 23 3% 3% 709 5% 5% 6% 1,990 .5% 40 386 * Smelting..6 38% 38% 33% Crown Cork & Seal Co...* 23 23 23 23 23 —* 430 oo 96 —* 23 23% 630 25 Dominion Steel & Coal B 25 Dominion Tar & Chem..* Preferred —.100 15 15% 6% 200 100 _ Dominion Coal pref 6% 0% 200 4 Sept Apr Sept Feb 3% 7'% May 6% Nov 4% 4 32 May 24% June ' 19 84 0 June 70 > Foundation Co of Can—* 6 240 4 24 Mar 15% 16 .475 10% Feb Mar 20% Jan 9% Jan 6 Mar 2.25 2.25 30 2.65 Dec 6 Mar 11 Dec 20 Apr Dec m 25% Apr 13% Apr 7 16% 125 8% Dec 13% 100 1.30 Mar 2.10 Sept 72% preferred **.109 Genera) Steel Wares. — ..* Preferred100 Gypsum Lime Hoi linger 5% 89 _ 2 45 29 90 200 2% 100 3% 3% & Alabas—4 Dec 28% Jan 34% Jan Texas Corp com July 5%% 4% 70 76 4% 87 2% 2% 25 29% 1,651 29 Dec 27% 084 26% Dsc 31% Jau 314 26 Dec Jan U S Petroleum Co Dec 39% 107% Feb US Steel com Dec 4% Jan « - kv.- .i—100 Dec 18% Jan Warner Bros Pictures 12 12 93 94% ;• 2 227 99 10% 170 -- Dec 94% 126 Jan International Week Low 20 25% Stocks High 30 July Jan —- - '' 4'V Ltd— .'...25 . ' »• ijm- Canada...* Power Carp of . .3% 10 * Price Bros & Co Ltd . (Continued) Laura Jan Dec 48% 59 Nov Aug 4% Sept * Quebec Power Knitting ....* Roliand Paper...... * Regent ..... 1.70 "15% 100 ..... 15% 3 June 5 85 9 Aug 10 Sept 1.70 13% 9% 1.897 14 13% 1.25 Julv 13% Dec July 18 Sept 44 Dec May 17 12 15 8% 2% 13% 8% June 08% 65 5 United Steel Corp. 3% 3% 85 Viau Biscuit 4 3 3 It 100 50 Apr Sept Dec 11 70 Jan Feb 76 Grocers Ltd....4 50 50 10% 10% 1.00 59 1.00 1.09 1.00 2 Western Weston „s.... ... — * * (Geo) Winnipeg Electrb A 1.00 4 B "go" .100 Woods Mfg pref 25 25 25 Zellers preferred 60 60 70 76 390 Commerce — Montreal Nova Scotia 161 2% 66 ; 23% 25% July Nov 140 June 145 May 146 16% 10% 50 12 Feb 18% 151 152 111 150 Feb 166 6% cum of Prices High Low 603 65s 6 60c 101% Vancouver 5 Co Ltd 17% 15 * * Brit Amer Oil 10% 10% 10 9 May 10% Nov 5 Lindsay (0 V/) MacKinnon Ptl Corp pf 109 Massey-Harri?........ - 60 2 3% New Mont L H A Power Co s For footrotes see page 23 298. „v 0 15 60 60 4 2 3% 23 4% 50 Jan June 2 650 3% 27u 3% May Oct 23% 241 20% June 2 * 6% 50 Feb June 3% Jan 4% Nov '29 Jan Jan Feb 10 1.50 May 3 7 . ' 25 Jan 21 Oct 26% Mar 3 Dec 5% Jan 15 V*. 16% 498 15 Jan 17% 9% 10% 12% 6 6 Feb 14 Nov 342 7 Feb 14 Nov 1.00 1.00 100 60c July 60c 8c 10c 52 10c Dec 25c 16% 12% 12% Hyro-Electrlc Secur Corp. * International Utilities B —I 6% 10 4 3 !* . Oct July 50 10 10 June Jan Sept 14 15% Nova 15% 15% 245 11 Feb 15% 91 91 92% 45 88 Aug 96% Feb 1.00 1.00 31 1.00 Oct 2.00 Aug 70c 700 2 75c Dec 75c Dec 11% 11% 5 108% 108% cum 25 106.% Mar 08% Apr 106 Nov 98 Jan Mar "70c 11% Scotia L & P Co Ltd 4 103 103 103 26 80 Page-Hersey Tubes Ltd..4 Power Corp of Canada— 6% cum 1st pref 100 Provincial Transport Co—4 80 80 5 11 Dec 77 Dec 13 Nov 108% 6 6 25 5% June 4 Jan Nov Aug 7 4 Quebec Tel & Pow Corp A 4 4 4 30 Reliance Grain Co Ltd —4 3 3 5 6% cum pf.100 100 100 22 1.10 Can..4 United Distillers of Ltd—100 Ltd.4 Walker-G'ham & Worts..4 Range for Year 1941 for Low Jan 6 % % 101% 104 437 55c Feb 615 4 Feb 407 95 1.15 Sept 9% Oct 115 Jan 3 Sept 11 Oct 17%_17%- 1.53 June 6% Mar Aug 1 M —4 Joliet-Quebec Mines Ltd.l 40 3% May 6% Nov .319 ..15— June 18% Jan 198 1.15 29% 108 1.15 13 25 30 333 160 118 10.8 70c 22 Nov 138 160 30c 40 39c 40 35c 35c 3 3 20 22 42 42 133 10 150 253 Jan Nov July Feo 1.6J Sept Feb 28 % Dec 45 June Aug Feb 207 30c 53 3c 3,590 Jan Dec 2.90 Jan Feb 3.85 Sept lc May 3c Dee 4.99 Sent Dec Sept 400 70c 1.66 Sept 88c 4.00 4.00 Nov Apr Feb Jan 21 Sept 90c 90c 1,725 .400 96c Ltd.. 1 60c Apr 1.85 Sept Gold Dre''g—1 3.00 3.00 '700 2.30 Aug 3.15 83 95% 8% 3c "3c Jan 1.92 2.00 1.38 83 Jan 10 1,700' -L38 Perron Gel J Dec 3.25 4.-3S Jan 7% 2.24 3.25 J Malartic G oldfields 33 89 24% Mining Corp of Can Ltd.4 Normetal Mining Corp..4 July 15 Dec 16 2.95 22 33 25 2.15 16% 2.45 87c Mav 36 7?* 2%c Sept 4.00 3d 7% Apr Jan 11 O'Brien Gold Mines 32 Sep J 1.10 Nov lc 100 36 Nov 22 %c 1.03 100 Co.20 . 8c June 4,500 1,000 90c 500 Pato Cons — Oct Dec 11% Jan — Mar .2.10 16 570 cuin preferred... 100 Ltd 4 Canadian Vlckers Ltd * 4% 1.00 50 2.10 27 Can Pow «& Paper Iuv Mar Nov 11% Dee Ltd B 4 : Can Inter Inv Trust Ltd.* 50c June Jan 95c 2.10 Apr Can Industries M ay 2 38% 104 11.000 Lamaque.— Lake Shore Mines Ltd.—1 19% - - ' 13 7% Jan June %c —4 Ltd— Dome Mines EastMalartlc 116 * Aug 75c 200 15c 16%c 96c Ltd. 1 Falconbrlcge Nickel 576 preferred—.100 50 1.00 45 45 98 2% %c Corp...4 Beattie Gold High 15 - 7 2 1 1.00 45 50 1.10 2% June Mines— Aidermac Copper Week Shares 20 7% cum preferred... 100 Can Westinghouse Co Ltd * Jan 50 * United Securities Canada Wire A Cable— 6% cum Sent 5% 110 * 15 Caadn Breweries Ltd 1.50 July 3% Fraser Cos Ltd..... Fraser Cos voting trust... * 20 pf.199 Ltd 4 Oct 11 Sept 2% 20 Ford Motor of Can A Cartier-Mal Gold M * Aluminium Ltd —4%...Sept July Sales Week's Range 100 pref 2% ..May Jan Sept —3 Jan Feb A pr 8 Jan Jan Canadian Breweries pf...4 Woods......* Secord... Nov 3c Jan both inclusive, compiled from official sales lists Can Nor Pr 7% cum Jan 6 Jan Abitlbi Power & Paper-.-* Canada Vinegars Nov Apr 5 2% 9% V. 2 3% Jan 1.15 Sept 60 Dec Jan Par Stocks Jan Pept Feb 1.50 1.50 4 20 20 1.15 193 Last Jan 3% 2.495 25 Walkerville Brewery 16% 16 High Low 1.50 i*' 2 * 11% Montreal Curb Market Jan. 10 to Jan. 16, 25 38 Range for Year 1911 Shares 10 3% Fanny Farmer. So Can Pwr Oct Feb ;_a%;1 3 10 5 Jan 162 Canada Malting Co Ltd—* Mar July Week 1.50 Apr 703 May 59 Feb 284 Canada &DomSug 2% for of Prices Low High Donnacona Pap Co Ltd A * 753 11% Mar Jan 13% Dec 6 1.40 Sales IVerfc's Range 3 Mti Kefrig & Stor vot tr—4 $3 cum preferred 4 July 15% 29% June 80o Dee 1 10 * Oct 171 Jan 709 \ 51 Jan 632 Frcere Lt Jan 267 14 , David - 72 10% ' Feb 60c Aug preferred. — 100 Melchers Distilleries Ltd.4 37 30% . 3 200 McColl-Frontenac Oil— 53 27% 13% 244 80c 7% Feb 151 5 35 5% l Apr 188 5 • Jan 7% Apr 270 Brew & Dist of 12% 2% 1% Sept 188 151 Sept Sept 34 July 49% 350 7% 4 270 191 L' Feb 2% 370 3% 7% —. 60 1S8 151 19 Nov July 70% 53% 3% 5% • Dec .2.50 Preferred...... Feb 270 ..100 Royal 143 143 100 100 100 100 — 257 12 1.35 Dec Feb Apr Banks— Canauienne 99% 20% July Sept Dec 3c 3% 46 17 5) 42% 90 5 29 4 2% 5 ■ 139 115 Feb 35% Sept 64 56 9% 12 20 Jan Sept Mai 59% 2 50 1.75 22% 130 650 53% - - Price MacLaren Pr & Pap Co..* Preferred. — 9% 10 Dec ' lc Lake St John P&P 1.75 103 40% 39% 35 Jan 31 39 9% 62 68% Preferred............25 75 120 62 * 160 15% 42 42 13% 4 Steel Co. of Canada 19 • 9% 9% Jan Apr 20 fl40% lc Fairc'dld Aircraft Ltd 3% 1.75 12% 0% East Kootcnay Power— Beauharmis Pow Corp...* Feb Aug Dec lc Jan Bathurst Pow & Paper B.* Dec 3% Jan Jan Feb Jan 9% . 14% Sept 8% 11% 231 5 5 — 9% June 13 746 29% Fleet Aircraft Ltd preferred-jj-.^.^'.ifiO Southern Can power 12% 16 987 Dec Consolidated Div Sec A..* 138 3 8 8 St. Lawrenoe'Gorp. jLUi.'-n* St Lawrence Paper pref 12% 3% Feb 9 415 20 5% Dec 8% Jan 26% 300 12% 11 97, May 23% June 31 Commercial Alcohols Ltd.* Dac ... Sept Jan Jan Dec a33% a34% 95c 1.00 -- 80c Par July 10 31% im Aug Sept Jan 28 28% 25% 7% cum preferred... 100 12 V* Feb 4 ~ - nref.1 8% 105 12 International Power-..-.4 Lake of the 5 ... 645 27% 5 710 3% 10% 13% 22 ——* 4% 10 48 10 12 Bronze——4 — 260 4 48 Sale Mar 139 .2JJ*_21%. * Price 93% * Dominion Square Corp.. Penm ins...... Jan Mar Dec 150 Jan 4% Oct Jan Feb June Jan 465 28% Sale- 10 9% 7% Aug 7 Last 22% 80% Feb 10 Nov o40 53 H 4 Range for Year 1941 Shares 25% 4 Dec 95 Jan 4% 16% a37% a38% ii .1 ■ -48—Mav 21% July Nov 6% 10 Friday fOr of Prices Low High 25% 300 4% 20% Listed and Unlisted 13% 12 12 Can.fi Internal Nickel of Canada 4 Inter Pete Co 8% —■-* Corp-.—.4 Indust Accept Preferred. 27% Mining——* Imperial Oil Ltd Imperial Tobacco of "aib% 25 West,at.°8 ^"trolpiim 375 7% 5 Sales Week's Range .190 Ottawa L H & P Brit Cut Packers Ltd Hudson Bay T •* Utah-uaano Sugar com... 1 14 500 Dec Jan 28% w ^ United Aircraft Corp cap 5 30 2% Jan 4% « Standard Brands Inc 17% 97% 50 Dec 26% „ « 25 preferred 1 5 ; ; 1% 17% 7% 2% 2%' "2% - «. com—25 3,318 9>% *. • 20 10 ; io r Gold Mines——5 Preferred 63 5% ' 5% 2% pf..* 15 v 80 ' .. - - Howard Smith Paper , 72% 79 — 5% % Gurd (Charles).. 5 ;-':5 5% preferred.......100 5 ' Jan 20% 4 Standard Oil Co of N J_.2£ 1.45 Friday Gatineau- * 320 Jan 7% 5% July 12% Sept 07% 2% 25% 50 22% i.*.- 4 27 P.rice 11 o2H 5 Radio Corp of America... * 6% preferred 85 10% 22% L .m •».» - 4.20 So Calif Ed Ltd mV a2% Apr 300 57% Sept Jan - 22% k 50 Dec 207 8% 9% D8C Jan 27 - .. 3% 7% 3% Dec 82 ■ Sept 90 Feb 25 Sept 27% May 27 'Jan 98 Dec 6 5 27 28 3% June Aug 22.5 Jan Dec 20 Shasta Water Co com 45% Sept 30 84 82 Aug 41 . May 27 * English Electric A..—.* 233* ^ 21% May 15% Sept 10 87% 82 82 431 4 4 87% * 30 19 Feb 1.85 53 23% May Oct July 2 125 3'4 6% Railway..25 3% Sept 17 5 17 3% 126 24% Jan 19% 29% 35% "Feb May 5% 115 14% ■*. - . Se'numach Wail Bd com..* 60 Jar. 5% 22 17 29% «27% o27% Jan July 50 Mar 8% 9% Shawi tigan W & Power..4 Dec Dec 39 10% Nov July 3% Sherwln Wl.liaros of Can.4 7% Feb 10% 12c 48 Lec Jan 31% 36% O.thu Sugar Co 23% 48 Nov 8% 100 36% Jan Dec 43 17 43 19 2 I 5% Mcr Sept Dec Dec 1,050 166 * 102 4% Dec 3% June 17% Feb 431 22% 6% 3% 9% 30% 130 6c 18% 39 J »i.v 3% Paper > 19 Dec 5 Jan 29 28 Feb June Con Mining A Dry den 15% Dec 1% a9% Pioneer MM Co 31 18 29 % * — Aug 100 Nyrt.i American Co com 10 Oct 15 10 25 91 59 29% °CltiS8 B Dominion Textile—- . 374 Canadian Converters.. 100 Preferred 6% ' Jan 34% 6% Jau Dec 3% 2% Jan 21% 18 33 100 6% *- Dominion Bridge 8% July 34% Dec 3% 28 3% Dec 97% Jan 26% Dec 23 '* 29% 3% 17% 17% Pennsylvania RR 33 811 5 6% —* 100 Distillers Seagrams 160 Aug 26 665 2,000 27 Packard Motor Co com..* 33 1.3% 29 * Coskshutt Plow... Nov 245 Jan 39% Jan 98 101% 6% 29% C.r <fc Foundry..* Preferred 25 Candn Pacific 0 455 Dee 14% Feb 21% 8 S Candn Can Ind Alcohol Jau j 18% ;> 65 • 12 101 101% 100 »* 4% 12% Ja- 11% 10% June 137 May 194 6% 21% 5 B * Corp..* Canada S'esmpsblp * 5% preferred ——50 -—-i 159 14% Sept 6% May Dec Jan * Noranda Mines Ltd 23% Sept 19% Sept 13% Pent 10% Dec Jan National «teel Car Corp..* A Can North Power — 55 12% . Can lorgings elac s Preferred 7% 55 12 if * Candn Celanese 6 l7 4% 5 Canadian Bronze Feb H% 6% 4% * Canada Cement Preferred 7 17% 21 21% V Building Products A 170 8"^ 18 K 149 149 ^100 Brazilian T L & P —-* Brit Col Power Corp A...* Bulo:o Mar 18% 17% 14% * — — — * Paper A.* Brack Silk Mills- 25 Deo 1.55 30 High 25 Dec 7 8% 10% - Consol Pauer Corn Ltd Low Shares 26 8% 8% Bell Telephone It lg? ts. High Ts)w 103 5 185 a5% 300 6% 29% JlSilvie Fhur-Mills* pref Albert Pac Or 135 a5% 3,200 1.80 27,; 40 Dec 2.60 2.35 19% Par Dec "11% 13% Dec 1.45 Pacific Tel & Tel com..100 ?% 25 1.95 « Dec ^ 5 13 13% a9% «, • 70c ' ;/ Jan July 200 " 2% 6c ...25 12% 5% 23% 11% «2% Corp com..4 k Montgomery Ward & Co.4 Mountain City Capper..5c :;i 2.40 1.20 18% » Jan Kenn Copper 250 28 . /ug 1.35 Dec 2% 240 3% ._* 38% Dec Inter Tel & Tel Co com..4 650 18 Jan Dec 25.i 27% 90c Dec July 5 9 mm'- 3% 13% Jan 31% 184 3% Mines Oorp.l 1.40 210 3.00 Jan Apr 981 8% 90o 14% 4 Dec 2% 36% , 36c 31o "a5% Consolidated Oil Corp...* 3% ——4 Montreal Telegraph 105% 150 10% 1.35 1 4 (.Concluded) Feb 508 Aug 19% 1,399 3% 6% 1.20 1.30 30% July a2% 3% — preferred 100 Jan 29.% Dec al3% a!3% 1.35 ] Pac Puo Service com....* 1st 20 r\ 1.20 Sept Jan 7% 168 Feb a37% a38% Cons Edison Co of N Y—4 Ltd cap.20 Olaa Sugar Co.. —20 Onomea Sugar Co.. 20 100 $5 dividend Jan 80c 620 102 14% Co com....1 Oliver Utd Filters A 1.00 90c 102 102 Magnin & Co I pref 100 March Calcul Machine...5 Menasco Mfg • Jan 2 85 10 3 30% Cities Service Co com.—10 North Amer Aviation cap.l 1 «' - * 30% » k- „ * m 1 * Libby McNeill & Libby.,7 Lookueed Aircraft Corp—1 Stocks Range for Year 1911 Dec 22 3% 9% 3% 120 30% 40c Sale Week Price Par Stocks— for of Prices 150 1.25 FO—100 Corp Preferred—.. Week's Range Jan 300 Dee 822 Argonaut Mining Co...—5 155 -k' Sates Lot I 22% 13 290 31c Dec 9 Last Sate Dec o4% 3 a37% Sept 11 Friday Friday Sept 28% 3 100 3 ...10 LeTourneau R G Inc.. Atch Top & Santa Jan 38% H 50 Preferred July Sept Mar 100 * Class B 7% 12% 10 Langendorf Utd Bk A..." Leslie Salt Co—, Dec Dec 1,100 4% Preferred Dec •8% 42c 10% July both inclusive, compiled from official sales lists <14% 28% 3% 525 CANADIAN MARKETS Jan. 10 to Jan. 16, 9% 100 *■;» 10% 4% 4 Hunt Brothers common.10 5% 8% Montreal Stock Exchange Jan 128% 128% Anglo Nat Corp A com,..* 42c 1 Honolulu Oil Corp cap Dec 11%,, Jan Dec 262 28% 10% 3% Holly Development 6% 1st preferred —25 5%% 1st pref—..——25 Oct oept Mar 14% 100 12 9% Pacific Light Corp com..* July Jan 28% 14% 630 10 12 Bros Stores Inc....* Hawaiian Pine Co Ltd...4 Jan 113 9 11 Dec —- Anaconda Copper Mln. ^60 11% 16:% Dec Jan Apr ' 5% American Tel & Tel Co. 100 Jan 48%. Nov 4% 30 1,182 9 6 460 200 a4% Jan 20% Jan Sept 14% 225 7% 4 1.30 Dec 8 16 Jan Dec 8 Dec 1,268 7 255 July Jan 11% 7% 255 Dec ' Feb Dec .Dec 1 % i Apr Stand San Rad 200 8% 17% Jan 11% 99% 5% Dec 9% 1,176 Jan 19% 95% May 8,136 13% 13% 17 5% 5 ; 9 Pacific Coast Aggregates.fi 2.55 Sept 5% 310 11% a k - . 10c 01 50 ^ - 9% 3% 103 103 iv% 1,0 JJ Am 25%' Nov 6 - Dec 750 16 23% Feb 15% 256% . Unlisted Aug Sept Dec 4 4% 13% .... 100 32% 5 * June 1.05 May lc Dec 1,100 8% 4% 6% 24% June 20 6% 6% 31% Pac Amer Fisheries com..5 High Low \3 3c 8% . Genl Mtrs Corp coin....10 Pacific Can Co com 1.70 1.60 ""8% U7 203 16 Sept 32% Sept July 12% 14% June • 20 ' Pac G & E Co com Aircraft Accessories 90% 4 Nov 18% 7% Western Pipe & Steel—10 Feb 143 • 95c 00c 16 Galland Merc Laundry..* Occidental Petroleum official sales lists Week Shares 15 103% 104% 31% 31% Jan 575 8% 14% 6 10% 94 13% 6% 1 34 200 . 4 13% Agricultural Co 20 Wells Fargo Bk & U T.l(K) Western Dcpt Stores— 7% preferred. —25 72 ' 15 536 92% J>„ Waialua 20 15% 2,409 9% m 38 Dec 13% 500 20 Nov 18 100 , 19 10 70c 1.25 4 ' 17 Sep 6% Feb 9% 734 21 104 Feb 7% 2% May 14% 132 1,225 8% 20% 25 100 Jan 11 Jan 37% July 3 44 4 25 80 100 16% 16% 4 Preferred 10 810 6% 8% » Trausamerica Corp.._—.2 1,509 36 Fo iter & Kleiser com... 2 % Class B— Week's Range sue 50c Mia Jorp. . . I Anglo Calif Nat Bank...20 Assoc Ins Fund Inc 10 Atl^s Imp Diesel Ragl ie—5 Bank of Calif N A 80 Byron Jackson Co.. J^ly 1013 15 104% —100 Occidental Insurance Co. i0 Range for Year 1941 Last Afig.o Amer Jau 8 70c 15% 15 Ewa Plantation Co cap..20 5% Preferred.. Saies Friday Price 30 181 36 Fireman's Fund Ins Co..25 N American Invest com Par Dec - . Standard Oil Co of Calif.. * Super Mold Corp cap... 10 Tide Wat Assoc Oil com. 10 Dec 2 M15V ^ 4- - 50 ♦ 5% 2 100 — ... Vultee Aircraft Nat Auto Fibres com Jan. 16, both inclusive, compiled from Jan JaD Bonds— . 28% 70c —2 .10 Magnavox Co Ltd Stocks— 3% 10% Dec Corp— Emporium Capwell com..* Hale Common. Meyer Blanke common. Natl Bearing Meta.s com * Nat Candy common.... 20 1,250 87 7 * Gen Paint Corp com 30 J* * Laclede-Chrluty Clay Prod Internat Shoe com 486 7 11% 22% Food Machine Corp com 10 Ely & Walker Dry Gds— 23 88 Edison.25 Jan 15% 14 % 14 J* 24 24% Consolidated Coppermlnesfi Creameries of Am inc Cm 1 Preferred..... 32}* 17 15 24% 22% 6% 3% .25 Common 32}* 17 ,i Ryan Aeronautical Co...1 47% Cent Eureka Mln Co com_ * Richfield Oil Corp com High Dec 19% 40 11 Rayonler Inc common...1 2c Low 259 10% 44 100 — 100 5% 6% Range for Year 1941 Shares 23 ' , ^ 23 100 ; * 36% Di Giorgio Fruit High Low Shares Week 100 Preferred R E & R Co Ltd com 224 Cypress Abbey Co Week of Prices Low common.—-* Mfg common ....1 Coca-Cola Bottling com.. 1 Columbia Brew common.5 Burkart Jan. 10 to Sept 65 1,300 Preferred- for Week's Range Sale P'ire Par Stocks— 25 year c.nv 24% Dec 5~> Crown Zell'bach Corpcomf. h'rid 11 St L P S 1st Mtge 5s Dec 39% Commonwealth both inclusive, compiled from official sales lists Jan. 10 to Jan. 16, 1st 17 5c 1st preferred St. Loisis Stock Exchange 2d 16% 610 * Parafflne Go's com 39% Cnrysler Corp com 5 Coast Counties G & E— 1st May for of Prices Low High Price Par Caterpillar Trac Co com.* Pennroad Corp vtc Common 14 (Concluded) Carson Hill Gold Mln cap 1 Unlisted Stocks— Brown Shoe 19 51 25 Dec 50 18% 61 „ — Stocks High 2% 400 2% 2% Low Shares Week's Range Sale for of Prices Low High Oalamba Sugar common.20 15 778 Week's Range Price Par Feb 30c Oct 10j 232 25c ----- 15c Stocks (Continued) High Low Last Range Jot Last Sale Shares Sales Friday Sales Friday .' Range for Year 1941 for Week 15c Westlnghouse Air Brake. .* 1',,v' "• Sales Friday 88c 35c Dec Mi ics LtJ—1 1.31 1.31 200 1.25 Dec 1.65 Jan Mines..1 Co Ltd — 1 Shorritt-Gordon Mines—1 Si3coeGold Mines 1 Sladen-Malartlc Mines—.1 Sullivan Cons Mines 1 Teck Hug' es G M Ltd—.1 2.99 3.20 400 2.75 Feb 3.55 July lc lc 100 lc Nov 2c Mar Mav 1.15 Sept Dec 69c Apr 50c May 47c Dec 80c Sept Dec 3.45 Jan Preston E Dome rihawkey G M Vent'olrps c 98c 635 61c 4 9c 49c 100 48c 39c 30c 1,000 20c 58c 53c 600 2.15 2.15 100 4 Ltd. 1 3.50 3.50 00 3.10 Feb 4.65 July 4C 4c 20ft 4%c Dec 9c Aug Mines 4 2.60 2.60 25 2.50 Dee 7.00 Jan Ltd Aug Wood Cadi-lac Mines Feb Wrig.it Hargreave3 253 June 50c Feb 5 Oct 33 10 Oct Home Oil Co 3a May July 26 203 42 Jan Homestead Oil & G is Ltd. 2.15 Mar Jan 2 90 - 119 25 Oils- Ltd 4 1 2.60 2.5S 2. 3,925 1.58 May 2.65 Sept 3%c 3%c 6,000 l%c Dec 3o O -.t . _ vrr.^.m ,r,f THE COMMERCIAL & FINANCIAL CHRONICLE 298 CANADIAN MARKETS Listed and Unlisted — Friday Sa'es I ast Toronto Stock Exchange . Friday Last Sale Pat Stocks Price of Prices High Low Range for Year 1941 for Week Shares * fiU 20c 10 %c 6%c. 12c A 10 Grata 7%c 1,106 26 1 26 * - - 100 82 pref-.-_-.10 i Anglo-Canadian * — Bat viae Fernlani 1 FPet AiWAft * 3% on Ford Motors A. * 2.55 2*55 15% 33 Aog 24C ..^lOO 1'W -------100 ---------- 3.15 Aug Apr -lie Sept 1.43 Dec 2.45 Jan God's Lake 6c 800 5%c J ne 3c Dec 16 %c Jan GoH*Ie 8c Jan Golden Gate Jan Goid Eagle - Feb Gondvear... - :- 270 138 53 5c 53 6%C 90c 92c 119% *9*%c R 231 9%r 9%c 7c 6%C 8.50 —- % Mar May Mar : 5 , 7,000 B A Oil 9%c 3%c 9%c 9Vc 5s 3%c 3%c 3% c -53 2,590 1 H ilP or Mines 1 2.50 11% Mar 11c Higtiwood- * 'W 3 May Nov Holllnger 5 10'1 June 18% Jan Home Oil 10 14% Dec Homestead... 1--* .--1 21 16 20% Dec 23c 111,700 5c A'ie ---* -----1 Buffalo Canadian....---* Building Prod* 9c Jan Dec 5.95 Jan 2%c 2%c 1,000 '2c Dec 6c Apr Imp Bank ,12% 12% 110 12% Dec Apr Imp Oil Imp Tobacco ord t.2U 17c 17c 900 13c 1.17 2 690 B Preferred * 12% 11% 18c Jan 92 Dec Dec 136 Jan Jason Ml les 63 17 25 50 7% 3% June 30 Dec 61 Jan 24 Dec Dec Lake 875 Feb 60c 143 22 45 1.50 Sept Dec Apr ar 33 May 22 65 163 M Canadian Caaners A....20 22 9% 5% 9% 5% 235 22% 22% 252 Cdn Celaiese 26% 26% 22% 24% 23 4% May l)e 1 1% May Canadian Dredge...... 13 13 13 50 11 Dec 5 131 2 3% 3% 3% Canadian Malartie:—.• a Central Pat .... Sept Macassa. McL Cockshutt... Mar Madsen R. Lk 900 44c Dec 63c Pept 6,171 4% Feb 7% Aug M Leaf Mill 8 Fell Apr M assey-H arris 3,400 2.500 7C 12%e 12%'e 1.40 1.45 201 10 %c 1,000 — — . — Coniaurum Cj -sum Gas,....100 .1j * ... ...... * * Dominion Bank 100 Sept ..100 Com If as & when 295 22% June 26 Jan 2.75 1,700 2.52 Dec ^.30 4.500 1.49 M iv 2.35 48) Dec 70c 2.20 8.350 2.68 2.10 4% 2 1 54 52 4% 2% 87c 1 )) 245 5' 3% - July 2.96 Sept May L85—Dec Jan 60% •Sept 5 Sept Jan 5% 25 • 20 3% D.)c 3 Dec 9fic 98c 2.300 Dei* 1.04 Jan 1 2c 2%c 5,500 id D)t 2ic June 6% Sept --.-* 10) 1 )c 600 10c Dec 2 %:21/ 25 2 % Apr 26c Jan Dec 1.55 Jau • - Mercury Mills 2 > Mining Corp 50 v 98 J in 52 Sent 1 1.32 Dac 95) 2 e Dec J 1,455 100 2.19 2.15 3,320 1.60 600 90) 8%' 8% 20,) 6 June 10 Mar 10 100 F*av 107 'Jan 106 166 -1.05 1.05 ...l 70 2.90 F'eb 11 Dec 2.08 1.04 59c Apr 2 Oct Dec 39c Jan 14% Jan 40% Sept 100 3,409 4Vc 10 1,134 35% 36 9% • Dec 30% June 2% Apr x 65 Jan '3% ' * 3% 70 4C 4c 56* 2,659 1.00 Dec 2.28 200 2.95 A tie 4,90 Aug 47.609 lc Sent 6C Nov 4c 3% .1 J ''■'•vi'i' 4 3% 575 . 11c 22 809 20: 4.75 1,588 45 % 760 37 20% 710 11% 215 V 1.501 1.15 50 1 + 1.15 80 * 2.65 _.. ♦ 1 •! 1.05 5.15 May lc Sept Dec 50% 21 Nov Dec 12 May 75c Jan Aug fept 2%C Oct 1.15 19 75% ' rg 8'% Oct 5,315 500 2.25 Dec 7 00 Nov 3c Dec 8c Mar 89 •78 2.55 3.10 June 9 ,-ept 39) May 19% June 10% 1 5% Nov 4.50 20% lex preferred.-. .100 5% -Jan Mar 2% 45 4.75 45 * a Jan Feb I 2% 4%c 36 — 1.80 20) May 2% 4%c 9% . Jan Dec 80 July 2% * 1 1.35 Dec 63 6.500 3.75 Nov Jan Dec % 500 50: 44C Dec 9% ,200 13c 13c - 1.85 .v.'-1 70 70 * * . — Sept 1:04 11%. 2.63 3%c 3%c 40 40 Jan 19c §5o :> Dec 38 Feb 84 Toronto Stock Exchange-Curb Section Jan. 10 th Jan. 16, both inclusive, compiled from official sales lists Jau Friday Sales Oct Last Weeft Range lo¬ Salt of Prices west Dec •7% Jan Sept Sept 3.035 60c Feb 1.77 1 15c Aug 17c 1.000 328 Dec 54c 41 Feb 47% '0 265 Nov 1.40 i Mar 23c 1.30 »]T,C BOnda— TTo iC 19 1.35 ... 80c 3% fej't 96c - 1% •: 1.90 11 V: * Eiec 1 pr 1:80 * . 4 50c May O ~ 1 6.5 . 3% 4% 4 100 McLellan 1,109 2.15 . .100 Wright Hargreave8 Jan 1,550 Oct Jan 1.55 1.65 ,:iv'46A;:.,:49l 1 M c Watters 58e ■ 1 .... Wlltsey Cogh 23% , , 4%c Jan 23 % -* Preferred 1.12 1 > 1:93 .#• We^tons Wt McKeuzie 16c Sept Sept Preferred:—::... Wood Oct 88 1.90 * July 2.<*0 800 Apr 1.10 * Be pi Dec 1 000 1.10 1 - 2 ¥! 55e '-'jry£± 56c ■ 13c Fell 60c 85 20) 440 Watte Amulet .. 2.10 41 90 1.45 Walkers Oct 28 165 45) .1.42 .1.45 ''• • Vermiiita Oils Dec Nov 121 3% Mar Ventures Jan 2 %c 44 455 4%c . Vulcan Oils Nov . 92 1.50 Dec 9%c '22 11 Jan %c ' - 10c 43% i Oct 85 90) 3,00!) * Mar 2 Mc'JoU— Sept 70 -.25 24 4% 4 Mar 2.09 Sept ..:. 560 2.10 July 59% 75 ---1 .. preferred:. 3,110 1 pref-.. JTeferrert Augn Ja B 2700 .* Malirtic G F. Dec 2% 185 Mai _ United Fuel A pref 44c 45 50C 200 July United Oils—:•.-... • 1.30 1.55 300 66% 8lc Union Gas...... 25% 2.68 50c 3.% 50c . Dec 48,499 Uclii Gold 1.27 -1 May 1.98 . TwinCity..: 21 % 1 1 - — 4c 1 %c Trans)outluentaI Res. 1.27 39c Oct 1%C . Jau 15c , Nov 1.25 lc Mar 69c 70 Towagmac 21% 23% 41c FVb 8,000 Dec 1 %C * . Jan 5.15 . lc 4C 1.18 91 " 38 %1—~626 '/1 43 31 % May Ja.ie 145 Jau Aug 25 Mar Moore Corp—. Dec 35 July 17c 5,000 12c Oct 4%c 14,500 2%o Feb 22%. 23% 11% 15% 820 25c 261 ""8% . Jan Nay bob Jan Negus Mines- Jan Noranda .u 1 -1 200 125 15 Dec 21 Jan Normetal July 23% Jan O'Brien-—.— Oct 107% Nov Dec 9% Jan Omega Oct Ontario Nickel 1 Dec Oraige Crusxpref.. 104 6% 4% 325 85% '85% 20 82% 50 6 % 7 8c 9c 10,500 4c 1,700 2*11 3%c 2.14 2.39 12,809 12 12 June 4 300 m 6 89 July Dec 8% Sept Okalta Oils - - — ..* - 1 87c * — 86c 35c - Stocks- Par Price Low H>.gh Range for Year 1941 Low Shares 85c High Coast D)C 31c Jan Nov 75) May - 1.351 45% Dac 57% Jan 86C 23.302 25c M »r 99c Sept 5fic May 1.88 Seut De) Dee •'75). Jan 18c Aur 90) 2,200 33c 2,509 5%c 1,509 30,75.) 8%c 3 9%c ' So 2c Page Ilersey * Pamour * 85s 85c 80c A ,»r Dec Pandora Cad ..1 3c 3c 8-55 3c Dec 8c Sept 1 2c 2c 9,000 2c Dec 5c Dec 2.95 Jan Nov 1.91 10 13% Sept Partanen Mai.. 1,000 302 2lc 5 24c 24% ) Dec 82 100 2,620 loo, 24%c 4% July Sept Apr " 525 75) Feb N>v 90) 69 Hi - De? *2% 1.6)7 Nov 30c Jau 82 Jan Jan 840 40) June Pent Deo 5.) Apr 13: 2!) % A.pr %c May 29% 2%c Jan 4c June 9c Mar Jau ' Montreal Power 22% ...* Oils Selections.:J *2%c ....* Oslsko Lake....... Pe idDrehle Jan 95 % _* Temlsk Min.: Dec . 75c Oct 53 31 21c Nov 8% 1.35 2<i 500 3% 3 82 Fjathllli. andy.. 1.19 ' 3 ...» Feb 8%c 1C3 3 * * DalhUtsle %c May 105 Sept Dec 103 1.05 .... 5 23% 122 1 %u 2%« 2.5 J.) 6c 1 1*65 1 2.959 .1 1.60 1.75 5,150 1:25 Aor 3 %c 5 K) 3) D*n Jan 2.10 3%c ....1 .... 6 A;'8 He Jan 4 Dec 2 %c May 8c Copper.—........5 Nov 6% July 150 Dec 3 14,500 3%c 3% 75 6% 7%c Nov ■O 3 3c 35) . 5) 7 % Do nlnioti Te vtlle....... * M Apr 5 Cms Fa icr 20: Eeb 7% Co as Press A 45) 2 5 5 Dec 1 096 31c. 8%c Jan 4 * Aug 8% 39 >*ar A Can Bud Brew.*.:.. Can Vinegars..... 5,509 5%c Pacalta Oils: Jan 279 Aug 30% *......* Beath A Jan 49% 84c .......1 7 59 50c 48 * 24) 5)() 8 % 34 50c 48 900 261 8 % 33% 21 %c '22 %c * 17 10 24 % 41 43% 100 — Dec 8c Duquesne Mining ■East Crest.. 25c 44 National Steel Car June 55 4% Nat Sewer A. * — 15 170 7 Dec 7%c Sept 28%, 18% May 18% 4% 17 %c 1 Moneta 183 13% ..... .v:rl 1,441 15 V ion Woollens pref.20 — 195 191 106% 103% 6% 6% Dominion Stores....... — Moore Corp B. 16c 130 7'olel'OtlS..... 30 5 33 Sept 41% 21% 111 160 15% * East Malartic........... 1 E-st Steel * 1 O "> I9%c 3 55 43% 130 "'23 15% 190 25 Djm Tar pref........100 60c 1.95 4c ...130 Preferred Dominion Steel B 1%C l%c Nov 1.12 1.05 6%c M ir 9 : May 600 46c 6c 3.55 5 1,300 33 Dominion Coal pref... .25 Dominion Foundry 1%' 4,100 17c June 1.15 Dec % 10% 45c 3.55 Mclityre 53c 1 Dame..... 3.85 485 4.00 6 6c 10% 1,350 » 21 Sent 4,400 United Steel Oct 5% 126 13c * Distillers Seagrams Dec Dec m Nov 100 33,400 U pper Canada.—. ...I Dec 10% 7 ■' Dec- 4c Mar 1.87 542 21 128 ..100 Nest Coal 60s 1,437 Feb 5% May 83 31c 8% Toronto Gen Trusts.. .•109 Apr 42) 1,400 47% Jan 5%C Ju'.y Apr - 55) 3.85 10% Aug 11% 55c V1L-: - 4 ?c 3 . Jan 8,90 Nov Sent " - De ds m.......... 55e 11 26 4.90 Jan 9 80 11 Feb ..20c Dec 1 95 '38 -.5 Cosmos 3.05 290 3,850 V 1.10 May 203 _).* ——— 39 •6,589 26- 32c 55c 20: 8% 4.05 2-5 106 8 88 6.25 Jan 1.15 4% c 3,0 50c >-:l Toburn Jan 46) 8% 503 H 62c May 66% 1.75 Preferred. ?• Sept 27c Dec 26c 3.95 3.95 16 Dec 12c Mav > 21c May 90c * — Dec g 10 45c June 1.25 13% 4,500 4,392 5.75 7 Texas Canadian.:.... ...1 38% Sept e 13,531 17 69% 1,83 T T Tailors:. Sept Aug Jan 6Se 10% 115% 29% Ju 3,0/3 '26 27c Jan Feb July Dec 5% 56c 1 .......... Cockshutt • 20e 6% 812 Svlva ite. Jan Jan 110 10 97c - * Ymir Yankee Sept 9c 1 85 * B 3% 10 13% Jan June 62 Clontact-— Nov. 10% Feb Mar 9 10 211- Dec Feb 92) 12 61H Sudbury Basin Sept Oct May 5 61% SuHivan..:v—.—.-:.: ::.i Teck-Hughes :... 30% 57 Jau 59c ■ Tarnb 1 yn common- 8% 50 18). : Aug 2.65 7 Un, 4%c ... — Jan 11 % 500 7% 115 25c 1 * * Little L L Loblaw A— 3 50) 1.95 -----1 ' Leitch Dec- 1.27 C. roudam Aug 21% — Feb 9c 1.45 29 Lebel Oro Mar 50c Chestervilie Jan Aug J —.3 Laura Record 1% 1.20 .—- - Nov 10% 28 Shore....——-...-1 Laraaque G.—.—* Lapa Cadillac: 1 6% 9c -1 Research ---------1 Central. 'or.::- Dec 10% 8% May 1.22 --1 CistleTreth 6% 5% 10 ........ Jan 22% Jan '20% 40 1 47c 45) ,5c 6 25 C P R. 18% 115 8% * 1 1 1 - - _ Kirk Lake 55 350 8% Kelvlnator Kerr Addison Kirk Hud 17% May 31 5 Dec Feb July • 20 535 20 8% ■(ft! Feb Dec % 24 •-25 July , 9% JaD > 192 835 13% 1 1 39 June 168 B 3Dc International Pete July 76 22 Cdn Ind A1 A 30c m 30c 52 'V 7 12% 113 23% 9 ',20 3,565 r , 17.% Jan 166% De Dec .* . Straw Lake."-'—. O '-t 30 : ^,rar J'ly May 90 1 O it --c* Ste^n Rock Iron Jan Sept 2.67 Nov 18c 606 ■ 12% •13% * Feb l%c 14 s 201 8% 12% Jack Waite—-- 32 Canadian Locomotive—.* V 31% 151 B-............——; --* —25 202 8% ; 7% 34% Canadian Bank Com... 100 Preferred-.. 55 7% 31% 6% Canadian Car 27% 55 Dec 2,750 v-r; 26% Aur 1.57 May -18 • 18c * 120 1.15 18 18c International Nickel 57 1.00 3c _ ^•18':- —--* 100 8% 9 80 13,270 4%c -5,000 89% June 26% 21% 75 732 2.70 Int Mill pref 149% 151 21% a.... 12 - ,. Preferred:. —c: ; • Jan . 3lc a. + Stand Pav..,:,.:j.:. zzi * Dec Dec Int Met A. 6% 1.10 Canadian Breweries-...-* 18%c Dec 20 55 2,600 - Jan 53 18 87 ...i . 13%c Dec Se'U ...) — Steel Can.:.. Jan Mar 25 21% Jan 1.10 July 25 59 5.40 Dec 6c June 25c 87 21% Dec 45c 7 4% 29% - 2.25 101 II Apr 400 Feb 14c May 50 Sept 3,550 10% 5 Inspiration..—---1 .36 124 Canadian Ba'.ertes pref. 100 Jau 100 —* 4% -9%c . 50) 2.55 26% Sladen Mai Slave Luke.... Standard Rad io:..: i. Dec 20c 12 100 SIsooe.Golil.:-:...:... :-i Sept 2%c 15c ... South End Pete. .i.... Jan 62c 1 %c Qimnsons preferred... .100 x" :■ 2%c . Dec 10c 500 fi - 23) 148 5.To ; July 9,000 — * Jan 3.60 1,644 6 Silver woods.. Sept Jau 37c' 2.60 ,10% 2.60 —100 preferred i26 86 126 > 1.49 ' 5 101 29% 20 101 101 Can W ire A 15% 1.05 May 57 50 Huron & Erie Nov 2.60 36 Preferred Hudson Bay 5%c ——* Mo"tgage-—100 Can Steamships * Jan 320 Canada Malting Can Packers 1.10 10,100 1,000 4% Can Perm ..... 5% 2%c 1 * --1 —* Dew 2.80 - —.100 Preferred Dec Honey Howey.. 5% Calgary <fe Edmonton... Canada Cement—-—- Jan Dec 26 20c 56c Hlode <fc Dauch 2.65 1.18 Ct.lmoat—- July July 3% 19% • -.1 Jan Feb <c 93c 1 — 2 Out r 12 %c 15? Gil-:) 11 Jan • 6 WC'Fab Dec - cigaaa 55% Nov %c 19 15 500 • 80■- 48c 50) * - 20 Buffalo Ank.. Davies Pete : *: Sept 185 60c July Hard Rock--...—1 Dec 1,808 5 ic 2% Jan :7c May 4 V 5 )c 230 - Jan 2%c A Ug 1.17 6 Dec 9% 1) 1.94 13o - 27 : 1 1 1.92 * ... 152 . 1) 1 Shawiuigan Jan June 1% 12 'iM'- 17% 20c Dec Dec 3 'kc Mav 11 3) Dec 7 10c Dee 49% 151 ...1 Aug 2.70 1,50,9 2%e 2.55 ; Mav 1.700 ...1 ' 63 151 3% 15 A i/, 300 3c 9.10 5 12c 2 3% 5 4c 310 3%e 2% 15% 12c 3%C 12c 1 8,700 2%c May 55 ••• 35c 1.92 Senator Itouyn 13c* 590 ••-V 35c Jan /ug Dec 3% 3% Jan 1.69 2.55 iv 52 %c June 49.750 2,157 i:) * "ami River July 27-5 3.20 .100 ... Royal ite San Antonio 10c Dec :c 15% * Preferred. 3 -217 = .—* ,725 41c 4 '< M t.90 19 28c Dec 1.25 2.25 1,900 4 '-High 15c June 100 75) 4% •:."8 :•« • Jan 8%n 205 75c- •)/ 2.9() L L p Sherritt Gord 4.000 _. 13c 13 %c Jan 96 Dec . ...1 Jan ' Nov 53 Halcrow Sway 7c 9% Julv 4,850 4,675 35c Gold Rnval Bank.. 63c Sept 90 49% Great Lake vot trust.. Gunnar. -.—......----1 Gypsum.. Roc' 52 Oct 15c Oct 49 Jan 160% 6% .Dec 9.00 : 52 — 6% Brown Oil . Dec 9 * 50 :•■•-■ Preferred Grandoro....: 17% 1 Broulan "XlOHS" SiiielTers : Jan ..... 17% 22e OUUI/Oil Feb — - 20% * ——---5 •* B C Power "A"-* Coe1>enoiU' Dec 15c 1.24 j.-- - ,18 2 560 8% 7 Brl Dim Oil Domi 1 1 —— -..... Reno Oct 1.35 2.23 4% 3.05 Queonston Mines 17c 4,703 Preston Jan 3c 1,000 He - * Pr Metals.— Jan 6%c Dec 77 3%c 18c Jan 6c Dec 1.30 4 4 Jan 4% ■5 3%c I'^'L ■— 6 32c 70 1,400 200 .v- ...1 Low He Sept 28 Range for 1 ear 1941 ; Shares 2.25 1.30 :..1 Powell Rou ■J. 16) - 2,25 1 . Apr 14% 16c 1 •,- Pioneer. Jan Price ... Deo 3 18 16c 6% B C Packers.'— s : Week Par Pickle Crow Nov :: 3 90 2%c Niv l%c June 81 -* 15 Brazil Trac Brew .*• Dist—— Cdn Wa'lB Aug 14% Dec 137 20 6W Dec 14c lc Dec 93c 150 119 8.75 1 Bralorne 283 ' 255 Nov 10% June 4,510 4,250 9 7% ,J Oct June 7c 360 6% — 240 9,500 45 — Bldgood JK 267 1 193 I 252 9%c ' -100 Mar 171 15 270 270 8C - Sons.: Bob !o ■\ 252 J —* - rtram 10,509 preferred.... -100 Bake.i.-—....—1 5 % vo Gillies Oct 2,300 5% 30 Feb 20% 365 42c for of Prices Low High ... Pprron. :c-„: 1>" Ot 52c ■' July 10 76 2.00 May 3%c 4%e 40c • 97 1 9,759 16 76 50 1,910 4%c 15 23 6,500, .< .3 % 25 30c June .311 73 10.700 M pv 20 5 9c June 2,103 l%c 2%c l%c 2c l-v'3 % ;: 3% c * .>-> .. % 2 460 72 1.40 8c Exploration Bell Phone. Crov ... 47c 3.60 Pnwer..—----* leau Stocks (Concluded) High ,21 % 29 V 3.30 Preferred::.— •—•—.; 100 2.55 187 187 Beattie Goli----. < Francoeur Gat.i 8c 90c Base Metals...— Bath Power em Jan Jan 8lc Apr 1 ' Bank Mont.: Bank of N S C Sept 95 Nov 46c 1.40 4%c ... r 1%C Jan 84 2,801 ...... — Bank Tor B Feb 9c 7%c June 41) 55c l A unor. Peanv 4 18) 25 9.300 8' 52 %c Arntfield..—r-] Bear Apr 6c Ang o Hur.. Bank field Jan 10) '20 15c 16 %c 16c — teG oup, - - pref- — Aldermac— / — - - - ll%c Fanny F'armer Fed Kirk.. 6) June 2100 7%c 6%c y-JaiO&G.. A ° Cons. Oct ^vv;s 20c 20 %c 1 ..1 9% 500 Acme las....- 45c 3.50 Feb 4 - 25 29 * 4je J ily 215 6% 10") Abitlbi pref 6% 3 '25 2i — Falconbrldge Low Paymaster 3 Week's Range • ,*■ ''-ft Shares Miles Last 5' ■'Sale Range for Year 1941- Par E'tg "'I" t High Low Friday for Week of Prices High Lew Price Easy Wash....... — -.. * j.>o"o'nte Inv-...... +. .25 Eldorado 1 Sates Week's Range Par Sto-ks (Continued) both inclusive, compiled from official sales lists Jan. 10 to Jan. 15, IFerfc's range Sale Stoeks- Tuesday, January 20, 1942 1.65 Jan Feb * No par value O Id lot salei. a listed trading privilege*. & 1 ivait n; it G). f A •nii d 1 :--»toak Djferred delivery, dlvlteni e c A1 aitted to F'ormjrly the Natlo lal un¬ Band Uq ltditl )g dividend >f 818 a shve wu pil i on the cmLi 1 allitlig O v, r Canadian market. » Cash sate—not sti3'< of th) Nib)» included In range for year, x E<-dividend, Flt-rlglits y 2 Listed - in default OVER-THE-COUNTER SECURITIES Quotations for Friday Jan. 16 Bid Investing Companies Aviation Group shares.. Bank Par Pid Rid Par a- 09 Ask N Y Sto ks Inc 13.06 14.42 71 Group shares 79 6.69 Inc.-.1% ♦Amerex Holding Corp. 10 2.11 2.31 11 W 13 Amer Bosincss Shares... 1 2.51 2.75 Amer Foreign Investing 10c 8.17 1 Metals 6.41 7.06 Railroad 3.08 3.41 1.10 1.21 16.74 18.19 No Amer Bond Trust ctfs. No Amer Tr Shares 1953.* Railroad equipment Affiliited Fund Assoc Stand Oil Shares...2 4 8.98 Balanced Fund. 1 18.16 17.17 Stock Fund 1 9.39 9.97 5 22.35 Equity Corp $3 conv pref.l 15% 24.03 16 4% Inc —.1 17.87 Fidelity Fund Inc * 13.98 15.04 10.62 First Mutual Trust Fund.5 5.06 5.61 Fi-cal Fund Inc— ♦C'ltnmon.. ..... *5% preferred I .—6 2% 3V 3 4% 5 Broad St Invest Co Inc..5 20.22 1 . Bullock Fund Ltd.. 3.10 9.55 Commonwe 3.52 Itu Invest—1 27 29 2.75 3.18 Series S-4 2.72 3.03 7.28 ----- •2.90 3.35 Inc.2 14.23 15.59 Fundamcnt'l Tr Shares A 2 3.64 » 4.3,8 General 24.29 Investors Trust. 1 3.95 26.12 4.33 4.77 Inc common.. 10c Crum & Forster com.. 10 ♦8% preferred 100 117 29 100 112 31% Building shares 8.53 1 15.23 16.46 Diversified Trustee Shares Dividend Shares 25c 3.40 0.37 6.97 94 1.06 4. *6 4.80 ♦Series 1) 5.82 6.42 5.22 5.25 4.10 7.52 Income series.... Low priced bond series.. 3.69 6.84 4.98 5.50 3 42 3,77 Preferred stock series... 5.83 6.47 10.30 6.10 4.34 4. S3 5.32 4.04 4.45 Agriculture...— New England Fund 1 N Y Stocks Inc— —„ 7.08 6.43 4.43 ... 2.59 2.84 Automobile.. 3.70 4.09 RR Equipment shares.. 3.05 3.37 Aviation 9.41 10.35 4.16 4.69 Bank stock.. 6.54 25< 3.31 3.65 Buildl ,g supplies ♦Huron Holding Corp...] lucome Foundation Inc common, ,10c Incorporated LOG Independence Trust Shs.* Investors..5 7e 13c 4.22 4.66 7.44 8.19 Electrical equipment... 6.07 6.68 9.62 39 72) 16.80 5.62 Insurance8tock 1.19 1.30 12.74 13.70 1.77 Machinery Oils ... 7.i6 6.92 No par value, * Quotations not .25 45% .10 35% 6% American Surety Automobile.— Bankers BaStO 1 _ & American... 2% Shippers— .25 100 — • 47% 37% 7% £6 90 590 613 9% 4% 2% Bunding & Ins.. 12% Merch Fire Assur com 5 57% 60% 47% 51 Merch A Mfrs Fire N Y..4 6% 7% National Casualty...—.10 National F'lre...— 10 23% 24% 58% 7% 60% Mass National Liberty. National Union Fire New 156 18% ...10 31% 43% 8% 101 1J% 33% -5 20% 22% 27% New Hampshire Fire...10 25% New York Fire .....5 14% 15% .10 2i% 23 Nortli lllver.. 2.50 23% 24% 23% 25% Northeastern ...5 4% 3d 32 Northern 40 % 1 43 5 6%, .10 44% 46.% 113% H8% . .10 62 8 64 103% 106% Firemen's of Newark.. -.5 9% 10% ........12.50 Northwestern National.25 Pacific Fire Pacific 25 Indemnity Co... 10 Phoenix 89% 15% 34 Republic (Texas) 10 Revere 10 42 Rhode Island 26 St Paul Fire & 23% 24% Seaboard Fire & Marine. 10 5 41 % (Paul) Fire 2% Marine.62% 43% Seaboard Surety.. -5 8% 9% Security New Have 9% 10% bpri .15 67% 7i% Standard Accident li Stuyvesant 27% Sun l.lfe Assurance U% Travelers i - 33 20 1 9 55; 22 2 10% K -divide «d 1 9% Great American ..6 26% Halifax .10 Ha .10 lo% T6% 28 U S .10 88% 9i % U S Fire Llaitford Steam Boiler. .10 43% 46% U S Guarantee Home Fire security... .10 % 1% over 10 1 10 gfield Fire & Mar..25 _. Hait ford Fire 39% 32% Rel isurance Corp (N Y) .2 '23% Globe A. Republic '-22% 37% Providcnce-Wanhi jgton .10 40 29%' 118% 14% *28 .10 99 ,27 Preferred Acelde it —....5 5 —. 5% 95 121 f6% uenerul Rel Jiurauce Corji 5 Georgia Home 45% 10 .... Greet Amer Indemnity. x 20 Amsterdam Cas..__2 New Brunswick .10 1a Glens F,.lls Fire 14.00 Banking Ve .tral Nat Corp cl A—* ♦Class B * 8.21 10 7.62' ♦First B •ston Corp 2 Caruli 2,1 preferred 1 — 3% Camden Fire : Cor,fOra,lons furnished by spo isor or issuer, 12% 14% 46% 13% 2% _._—5 Glebe & Rutgers Fire.. .16 1.20 12.71 1 1.99 * 13% 44% 19 i_ 1 — — GibrJtar Fire & Marine .10 11%' — ♦Blair & Co. 5 2% Franklin Fire B Investment Maryland Casualty . 5.1; 10.58 — 1 iuccIn Fire. Fireman's Fd of Sau Fr.25 15.36 C— Wellington Fund.... 19 11% 6% 1 .10 Fire Assn of Phila 7.20 .... •24% - 64 U S El Lt A Pr Shares A 8% % 10% Fidelity & Dep of Md.. .20 Trusteed Industry Shs.25e Series 76% 39% 18 .10 ... Americau of Newark... Federal.. 4.30 Union Bond Fundser B... 5.54 3.94 Ml dng shares 75 36% 23 American Ue-I .surance .10 Excess - -a /17% 5 — Eagle Fire Trusteed Amer Bank Shs— diss B Equitable..: ---- - 1.70 1 1 1 — 10 Ins Co of North Amer.. 10 Homestead Fire. 2% Employers Re-Insurance 10 1.87 11.11 Equipment... ...... ♦series B 29% Jersey Insurance of N Y.20 Knickerbocker „5 Am Fidel & Cas Co com -.5 City of New York Trustee stand Oil Shares— ........ Ask 28% Coutl. ental Casualty.. -.5 14) 59% 1.80 -I — Bid : Connecticut Geu Life.. .10 1 ♦series A Bond series.......; 4.75 96c 12.15 12 56% •Super Corp of Amer A A.. i ♦series C- 2.70 American Alliance Baltimore 5.78 Trustee Stand Invest Shs— (Colo) ,ser B shares. ...* (Md) votl ig shares.^25c National Investors COrp.l National Security Series- 4.41 Fund D"—2.50 7.85 11.41 ■ Chemical Delaware F'und-.. 7.16 Ipeticer Trask Fund.-...* tandard Utilities Inc.50 7.81 76.49 .-3.1a ♦State St Invest Corp...* Par -...5 Home 10 American Reserve Sovereign Investors.....! "5.21 8.11 4.00 Tobacco shares: Cumulative Trust Shares.* 74.76 3.20 Railroad shares ♦Common B shares...10 —* 17.11 .25 American Home 4.50 '3.16 Fund Inc .10 American 2.82 7.54 Mutual Invest F'und Inc 10 —i' 37 12.12 4.00 — 2.60 Hteel shares Crum & Forster Insurance *7% preferred 7.70 7.00 — 32 Quarterly Inc Shares.. 10. Republic Invest Fund 1 Scudder, Stevens & Clark 15.91 Petroleum shares 26% 1.5f> — Ask 122% 120% 55% 57% 25% 27% 77% 80% 10 Aetna Life Agricultural-... •. 11.33 Series 1958. Maryland Fund Inc...10c Merchandise shares * 1 Plymouth Fund Inc..,.10. (Geo) Fund 1 Selected Amer Shares..2% Fund General Bond 1 Series ACC mod 3.08 _ Aetna 1.99 Putnam Surety... .10 ----- 2.0-, Selected income Shares—1 Manhattan Bond Nation-Wide Securities— Automobile shares :: Aetna Cas & wi 4.26 Group Securities— Agricultural shares - 1.76 1 — Mass Investors Trust—..1 3.34 * 39 h 1 „r — Mass Investors 2d Fund.l B Food shares 1 mod-- 11.37 Electrical Accumulative series...1 Series AA 13.30 Chemical shares .... 1 Series AA 12.05 10.35 1 Scries 1956. Bid 0.08 5.5 a — 14.81 Series K-2 Insurance stk series.10c Aviation shares Corporate Trust Shares.. 1 13.54 Series K-l Fixed Trust Phares A... 10 " Couscl InvestmentTrust-l 8.29 8.64 26.06 Century Shares Trust.Chemical Fund--.-—.-1 15.97 7.55 7.8t> General Capital Corp Canadian Inv Fund Ltd-.l 25.17 14.51 Series S-3 12.33 Boston Fund Inc. 22.94 Series B-3 1.84 Fundamental Invest 13.35 Series B-2 Series 1955. 1.57 10c Foundation Trust Shs A.l Basic Industry Shares.. 10 8.57 30.00 Series S-2.... Bank stock series Bankers Nat Investing— 8.38 27.35 Series B-l A .e-Houghton Fuud Inc.l Aviation Capital Investors Fpnd C 1 Keystone Custodian Funds Series B-4 Equitable Investment Corp (Mass) — Par 5.56 5.0, -Insurance Group shares. ltivestm't Co of Amer__l0 Eaton A Howard— Insurance Companies (Concl) Steel 7.27 Securities.. 1 Aeronautic Ask Bid Par Ask Institutional Securities Ltd 6% 28% 24 % 26 3 4 268 •76 8% JO 42% ,44% 40% 42% 117 % .21% 10 49% 51 % ....5 3% 4% 207 100 197 .100 370 Fidelity & Guar Co..2 Westchester Fire. 5% 26% 380 24% 25% 48% 76% 50 % ...10 2.50 35 *4 36% ..4 79% , THE COMMERCIAL & FINANCIAL CHRONICLE Number 4035 Volume 155 299 OVER-THE-COUNTER SECURITIES • yy New York Trust 0070k 707 ;0: Bank of New ,York.._.100 Bankers,...... .... ...25 51H 65 53^ 2*4 Chemical Bank & Trust. 10 Cli nton.. Colonial. ^. .... 1.. .. New York 60 10H —I Penn Exchange 10 13 16 50 17 J4 for discount at purchase. 15M Asked Bid Mar. Treasury Bills— 4, 1942 Asked Peoples National Public National Fifth Avenue.-.....—100 620 First National of N Y.. 100 1160 67 100 Merchants Jan, 21, 1942 0.30 7c Mar. 11. 28, lft42rJ..i 4,1942 0.30 7o Mar. 16, 1942 Feb, 0.30 y0 50 Feb. 11,1942 0.30% Mar. 17, 1942 Mar. IS. 1)12. 28^ Feb. 18, 1942 0.30 fa Mar. 19. 1942 Feb. 25, 1942 90 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% Apr. 0.25% f es ; 42 27 650 1190 135 Sterling Nat Bank......25 -"26 1942. 15, 1942. rf-- « 28 145 .....25 t .'-y;'1 ; Preferred 23 Mi • 24 *4 26 H 154 102 Commercial National.. 100 33 H ...20 12 H National Safety...... 12 are O National City quoted Ask 45 PaT ' - Jan. 29 3214 20 Manufacturers Bid National Bronx........50 42 Chase National.... 1.13.55 Title Guarantee & Trust. 12 ;.20 United States Treasury Bills Bid Bensonhurst National.. .50 10^ 26 Lawyers.. Central Hanover. AsJfe 14 Bank of Yorktown..66 2-3 U25 1375 Kings County Bid Par Bank of Manhattan Co. 10 236 9H 10 Irving ...,35 Brooklyn.............100 Ask 231 Guaranty.. .10 Bronx County. ■ Rates Bid Par •■■ New York Bank Stocks Companies ):1070:1 C00 Par T- Quotations for Friday Jan. 16 ::-v'Vy •' y - Quotations For Recent Bond Issues Corn Exchange Bk & Tr_20 ' Empire . - Fulton.......... i.. Underwriters 50 . 100 84 1155 ..100 1115 United States .100 ■" Transactions At The New York Curb 25 21 Trade Bank & Trust—-TO Continental Bank & Tr.10 3H Daily/ Weekly and Yearly Asked Mocks Central Illirols Public Servi e __l. 3%s, 1971--Philadelphia Electric 2%s.1971.. Sout hern Natural Gas Pipe.Lino. 3lis, 1956-1-. Wisconsin Power & Light 3>4s, 1971... Obligations Of Governmental Agencies 100 V io m 10iX Jan. of %% 1, 1043 100.10 ioo.ii ....May . }lH%---reb. 15,1945 100.3 100.3 •■i:;.:-'Corpy*^:yyy 1% July 1,1942 XH% Oct. 15,1942 tm%...July 15,1943 Jl%.....Apr. 15 1944 101.12 U 100.6 • Federal-Home Loan Banks 15, 1942 100 54s......Apr. 2s. 1, 1943 101.8 ...Apr. ,' 100.14 100.16 Int. Afaturitv 100.6 100.4 Other ..May 16, 1943 IHh Jan. 3, 1944— Call July 3, *42 at 101 — mm 100.26 101.2 June 108.^ 109 M i 110K 125)4 123 )4 .. JMar. 15, 1943 15, 1943 Issues versfo . .. Sept. 15, 1943 Dec. 15, 1943 Maturity .. .. E«-DlvIdea<J- securities listed on Total * Bonds, and Stocks ' June 15, 1944 101.22 Sept. 15. 1944.. and additional corporate the New York Stock Exchange for Bid in the new l%m 10J.9 Mar. 15, 1945 101.7 101.9 tMar. 15, 101.4 101.6 101.20 100.28 99.25 101.18 t Sept.15, 1944 101.12 101.11 tDec. 15, 99.26 99.28 Domestic 99.18 1% . H% 99.16 ■Replacing Old $4,280,000 1942 Exchange Jan. 1 to Jan. 16 1942 1941 1941 482,385 696,855 1,078,160 1,452,705 v.. $4,082,000 $6,602,000 $7,705,000 $16,020,000 Foreign government-.. Foreign corporate. 98,000 39,000 218,000 100,000 85.000 143,000 107,000 183,000 $4,280,000 $6,726,000 $8,066,000 $15,310,000 .. y 1.097,271,85i 1,042,081,856 1,702,727,682 1.220,595,297 1,099,148,506 64.667,201 251,732,947 2.310,956,675 3,427,475.715 336,414,111 1.071,717,468 4,189,242,528 1,686.495,443 128,799,608 81,591,343 429,159,221 257,197,385 108,751,530 182,794,441 42.489.798 144.742,963 815,156,214 373,137,314 687,564,099 (if preparatory following receipts and of reorganisation), to paid"—the "assessment securities been listed—Are not Included la this table. , of or securities themselves having stamped to indi¬ as so road,"public utility and industrial and miscellaneous companies. This table shows at a glance the volume of bonds and stocks listed during the last 10 years by each of the different groups mentioned: Stocks. Bonds. Public Indus, Public At Railroad. Miscell. Utilities. Railroad. Industrial Utilities. At Miscellaneous % I $ At $ I'ubllc $ Railroad. Utilities. <i Indus. At Alisotl. y S % ... 1940 ... 1939 ........ ... 1938 ... * 9*/",8-IU ... 1937 ... ... ... 1934 ... 1933 ... 1932 ... 1,957,600 ........ 9,830.349 1,089,720 1.874,700 3,322,440 ........ 170.88J Total bond issues listed during the year 1941 aggre¬ gated $1,113,246,600 compared with $860,079,620 in 1940. Of the 1941 total, $369,334,643 was for new capital pur¬ poses as compared with $73,693,000 in 1940, and $743,911,957 was for refunding purposes against $786,386,620 in 1940. Of the total bpncis listed, railroads accounted $75,580,200, a decrease off $304,949,600 under the 1943 total of ,$18,0,529.800; publi/ utilities totaled $586,084,900 an increase of $470,259,700 over the total of $115,825,200 reported for 1940, and industrial and miscellaneous bonds listed aggregated $451,581,500, an increase of $87,856,880 for over the total of Stocks $519*- ' previously - classify the figures we securities cate the amounts under each leading head, namely, rail¬ $1,042,081,858 in 1940, and $1,099,148,506 in 1939, while up 1941 1935 Government Issues, foreign and domestic, not here included, shown separately. Now.—Applications for the listing or trust company "assented" Indus. Miscell. ■y s 3,078,720,862 510,033,866 ; y Public 1936 In the FINANCING! 1,692,887,096 500.331,338 or FOR Stocks. Utilities. Railroad. 1,499,652,695 693,268,789 278,363,864 marked ISSUED Bonds. 44,717,89,2 117,319,144 440,809,787 ; 703,096.986 "assumed" COMPANIES OPERATIONS OUTSIDE UNITED STATES; 0":§ 86,113,945 .519,341,886 133,795,549 283,185.045 1932 * AMERICAN and Bonds - 1933:..-.;—-..'- OF Total Stocks Securities in 1941, totals in this classification being $1,097,271,851 capital footed $100,000 Bonds U% e 1915 listings fell in the refunding column, the securities listed representing new ?9S,000 Stocks—No. of shares. H% .. 1946 Old Issues 1934 the great preponder- years 84,082,000 100.30 99.23 7-1 v' Nat.Defense Nts 101.16 558.808.520 1936. $708,057,041. two preceding 724,000 482,385 693,000 . New York Curb 100.29 101.18 Now Listed 1937—* mulgated in recent " years.;& It is" tobe vnoted^ ihbv^vey; that the showing for the second half of 1941 was better than the first six months, the listing in the latter six months totaling $996,670,641, compared with the first six of 16,000 845 000 900,000 ,, Aslcert Capital, Ate. 1935 $1,692,887,098 in 1938 and $3,078,720,882 in 1937. The volume of listings in 1941 as in 1940 and 1939 was ad¬ versely affected by world-wide-unsettled conditions produced by the ;war and also by influences prevalent in the American markets, including private sales of new securities and various legislative discouragements pro¬ As 693,000 14.000 15,001) 10,000 86.205 . 100.27 Issued for New 1938 pared with $1,220,595,297 in 1940, $1,499,652,695 in 1939, ance ■ 1939....—-,— new the largest of any year since The 1941 total added up to $1,702,727,682, as com¬ months* total of 1,000 ■ - H% .. 109.6 $ the calendar year 1941 was 1937. 682,000 888,000 669,000 11,000 86.755 BECURITIES of $436,000 7.000 t These bonds are subject to all Federal taxes. * tings On The New York Stock Exchange For The Year p4l|l|| The aggregate amount r 39,000 88 015 Total.. * yVo'ooo point. Rate 101.13 101.20 m \%% .. Mar. 15. 1944 ,Total $2,000 64,000 799.000 '•"y .... .. % J These bonds are subject to all Federal tax.;). 599,000 Week Ended Jan. 16 3s...1916 U S Conversion 3s.-.1947 Panama Canal 3s 1961 U S Co Asked 101.11 2% 1H% H% .. v.-/.': Int. Bid Rate Sept. 15, 1942 Dec. 15, 1942 101.6 101.3 Federal Natl Mtge Assn— Call May 16,*42 at 100)4 100.24 1C1 4 $434 000 110 960 Total.—......... 100.20 100.22 XH% notes Feb. 1,1044 2s one or more 32adi of a 100.13 100.15 Housing Authority— S Figures after decimal point represent - Foreign Corporate Government ■ 42.815 67,605 Tuesday Wednesday Thursday Friday Quotations For U. S. Treasury Notes Reconstruction Finance Domestic Shares) Saturdays... ._i Monday Commodity Credit Corp— (Par Value) Foreign 105 Asked Asked Bonds (Number 16, 1942 104M 104 H .. Week Ended 10IV 101 J^g listed $363,724,620 recorded in 1940. during 1941 aggregated $589,481,082, an 1941 1139; old issues just listed aggregated $86,113,945 in 1941, $44,717,892 in 1940 and $117,319,144 in 1939. also that the volume of listing in 1941 was recorded. ; ■; - 55.073.067 29,406,019 505 ,001,900 380.529, 800 115.825 209 363.724 ,620 S3.938.1O0 43,204.727 233 ,372.850 677, 1939 $558,808,520 8.694,537 44.539.590 4.081.800 72,758, 700 196.223.000 on was 217 ,002.647 191, ,511.980 The following is the aggre¬ authorized to be or listed for the past 10. years: of $51,634,987 NEW YORK RTOCK Foreign Issues EXCHAXGE U. S. Government (Incl. Canadian). $233,584,900 American Telephone & Tele¬ Securities. Total. s % 65,313,500 ......... no 1940 U-—...... listings of securities of any y 6,853,885.700 a2,838,421,350 3 ; 2.848.730,560 2.581,369,900 2.668.889,830 !».!«:<I. X 00 * #..4 OM.tt I) 9/ i Y.682,944.320 2.994.683.820 186,990.700 5.706,005,275 8.675.639,050 « 270.129.450 2,038,224,600 2 76.000,000 1934 1933 1932 938.224,600 .. ' - V CORPORATE LISTINGS ON NEW City of New York corporate stock, STOCK EXCHANGE In 154.523.6 following tabulations we undertake to We give first the amounts of securities of foreign corporations per se, and secondly, the amounts of securities of American corporations issued for acquiring developing and financing or United States. Both amounts properties are 1.21 i. ;»I.33 1937.. 295.7S6-.003 1.543.810.965 of ma 332.345.4lii 1935........ 137,752.204 00 672,301) 2,775.968,270 929.608.0HI) 229.329.500 SECURITIES OF FOREIGN CORPORATIONS PLACED » 1ft,US 1.800 1933 1932....... the corporate listings in the above: STATES ,140.796.025 294,923.9110 outside included in the totals 4-> 1.4 >0,- 1 ) 771 show purposes. 1,113.246,600 860.079,020 1,014,505,100 J941,...... 1940....... the SI.- . how much of the listings in the above were for foreign Ola Securities. 1931....... b Includes 364,000 City of New York corporate stock. Replacing 1931....... $315,000,000 Includes a years: YORK AND L18TED ON THE NEW THE Replacing Old Securities Now Public 'V Stocks. s 150.007.243 86.113,945 353,350,894 589,481,082 1941 60.102,549 44.717.892 255.695.2:6 360.515.677 1940 1939....--- 128,661.401 108.202.644 248.283.550 485,147,595 1939 655,761 M Is Ml $ S $ $ $ 1.064 228.713 ... 984,021.944 1,534,909,897 1,413.274,258 1937 1936 140 ft 11,600 2V*. 63> .052 756.886,763 J 934 62,127.308 425 941,221 585,820,714 1033 05,60 L543 205.407.438 1 IIS.751.530 97 7c 8.185 68.080,216 1935 1934 232,841,2*5* 1933 37.48'i 798 116.369.263 359.266.499 1932 ,1932 '"'3,861 4.8 3",297*000 27.904 000 25 jkkf.000 19.053,500 33.25 i."ib 18.500.000 5.695.941 40,300.530 ... 13.803,500 ... i.oiV.uo .... ... 1st mtge. 50* 000*000 22.8Tmi.imm") 3V4S, series B, due 1966, and $6,875,000 Terminal mtge. 3%s,- RR. Association of St. Louis ref. and improv. series B, due 1974, both issued for refunding purposes. utility bonds listed in 1941 aggregated $586,- Public 084,900 and were mostly for refunding purposes with the exception of the large American Telephone & Telegraph Co. issue of $233,584,900 3% convertible debentures and $35,000,000 1st and ref. mtge. 3y2s and 3s of Pacific Gas & Electric Co., which were for expansion purposes, additions, etc. Other notable public utility issues were $80,000,000 Union Electric Co. of Mo. 1st mtge. and coll. trust 3%s due 1971, $50,000,000 Detroit Edison Co. gen. and ref. mtge. 3s of 1970, $50,000,000 Illinois Bell Tele¬ phone Co. 1st mtge. 2%s of ,1981, $48,000,000 Philadel¬ phia Co. coll. trust sinking fund 4y*s cf 1961, $29,000,000 Columbus & Southern Ohio Electric Co. 1st mtge. 314s 1970, $26,500,ROT Wisconsin Public Service Co. 1st" 1971, $17,500,000 Northern States Power 314s of $451,581,BOO, theigreatest proportion cf which were for existinlgjssues of bonds and preferred stocks refunding at Jower 301 280 interest ahd—dividend listed rates. The principal were $55,000,000 National Dairy Products debentures due 1980, $50,000,000 Firestone Tire & Rubber Co. 20-year 3% debentures, $45,000,000 Youngstown Sheet & Tube Co. 1st mtge. sinking fund 314 s series due 1960; $30,000,000 Wheeling Steel Corp. 1st mtge. sinking fund 3V2s series B, due 1966, $28,000,000 Jones & Laughlin Steel Corp. 1st mtge. series C 3y4S, les ... 1935 25! ,5(13,i»47 326 637.1 II 111 \ 2,o"ob*.G65 1938 fi.3 370,201 177.688.367 h? ,t Utilities. <T.7*4T«1O" Hi 407.310.983 301. Indu\. Railroad. ... 1936. 26 Public it Miscell. — 1938. 2.1 Ml 2038, of Chicago & Eastern Illinois RR. The Chicago & Eastern Illinois and Chicago Great Western bonds were issued in connection with reorganizations of these two roads. Also included were $11,418,000 Monongahela Ry. V 3y2s of 1964 and $46,500,000 San ... 1937 3 Indus, Utilities. $ ' 1940....... 1941. A, due 1988; and $15,354,500 gen. income mtge. 4y2s, due mtonio Publje^frvice Co. 1st mtge. 314s of 1970, liscellaneous bond issues listed totaled •' Railroad. Total S 1971, issue for refunding purposes; two issues of Chi¬ Great Western Railway, viz., $6,113,600 gen. mtge. income bonds and $10,130,100 1st mtge. 4% bonds, series UNITLJ ' Capital. Ac listings since 1937 when Of the stocks listed rail¬ due EXCHANTOJ? 32X,2t»7.6D0 issued for New stock reported. and miscellaneous stocks aggregated $505,001,996, tne largest since the 1937 total of $1,277,911,170. In the railroad bond group the principal issues listed were $18,000,000 Erie RR. Ohio Division 1st mtge. 3^4s of IN YORK STOCK Bonds. Stocks largest was $55,073,067, compared with $83,938,100 in 1940; public utilities totaled $29,406,019, the small¬ est since 1935, when none was reported; while industrial 5.892,995.975 3,75!,639,Oil) 6.270.129 451) ..................... 1935 /■•v' The following tables embrace the record of aggregate ' vt ■ x-t 311.739.500 1936 Canadian companies during 1941. ^corporate listings for the last 10 $1,534,909,897 roads accounted for ' 1938 As in 1940, there were b6,797,572,200 10.309.200 87,519,930 1941 the and cago GOVERNMENT BONDS LISTED ON One of the largest single utility bond issue ever listed or 15.120.242 114.271.513 issues listed gate amount of such 1937 , *4118,400 53,483,001) 22.989, 125 113.725, 100 cluded in the above tables. the Exchange. foreign 1,305 ,409.442 748, ,192 226 580 ,105,977 68,364.06) r [' Government 'issues*, foreign and domestic, are riot in¬ graph Co» 15-year 3% convertible debentures due 1956. This *5.720*737 59.315, 900 1933 Tih ,.1)16.412 9.3" 73.460.110 1.277 ,911.170 19.230, ,90" the notable additions to the list of securities during the year was the 293 0 39.5U0.755 was Chicago in exchangeTor securities of the old companies. 33' 165.220, COO 214.749.0UU 659.639 680 165 659; 100 390 ,598,770 94.548,825 »i0 , 621.142, 900 1105253000 989.572 370 1934 1932 (Great Western; the two roads issued a total 1 i»IH, IK) I 3*6-563 l«»l>(sIti.iJ-I 1935 /, Chicago & Eastern Illinois and /1' 205.417, ,700 943,589.000 391.804 265 133,538.617 1936 Listings of additional railroad stocks in 1941, totaling of The II 1937 $55,073,067- wefe nearly "entirely due to the reorganiza¬ tions 62.263, 500 543,823.100 1938 We notd representing new capital the largest since 1938 when 75.580, 200 586.U84.900 451,581 500 1940 341,886 in 1941, $133,795,549 in 1940 and $283,185,045 in increase of $228,965,405 over tne 1940 total of $360,515,- Corp. 314% taoMtioASSiean WfcWWOUJ^-c^Kii Jn'JE '£$ THE COMMERCIAL & FINANCIAL CHRONICLE 300 ;due $25,000,000 1961, Oil Standard Crucible :l Co. . ' , of $4.50 shares ;40,000 Flintkote issued Co., corporate for purposes; 400,000 Total. and and common that shares of Pepsi-Cola Co., Radio-Keith-Orpheum 120,000 473,550 Corp., shares common R. Squibb & $26,721,300 Sons, shows Co Oil SECOND Purpose of Issue Amount 50,000,000 Refunding; corp, purposes 15-year > l' " ' Common......... - Amount N. Republic of. 3% external sinking, fund dollar bonds, due Oct. 1 pi970-v..—. Panama. Republic of. 26-year 3 34% external secured ref. ' $50,000,000 ^ RAILROAD Amount Company and Class of Stock— Chicago & Eastern Illinois RR— Common stock (343,297 shs).__ — OF -----— — 5% preferred stock Common per . 18,305,200/ — - — • - $5 preferred (11,758 shs) 1941 ' : Standard Oil Co - •• ... • plan : ' Corp ' Total_ * $6,853.885,700 . Stamped to indicate holders' assent to the plan fcr the readjustment of the external debt dated Jan. 31, 1940, and the deposit agreement, dated Jan. 31, 1940, as modified and amended March 24, 1941. Total-. -4— during the year were RAILROAD BONDS Amount SIX MONTHS ■■■ Income 4 lis series A, 1970 OF 1941 $123,000 Issued Gulf Mobile & Ohio RR— per 196,100] New York Chicago & St Louis—• 6s debentures, 1950Lj-_- Peoria & Eastern $36,887,200 ./ ' B, '66. Ref & improv mtge 334s ser B, Total. ... - LISTED Company and Class of Bonds— SIX MONTHS 1941 1970 $29,000,000 Refunding Petroit Edison Co gen & ref mtge 3s series H, 1970— 50,000,000 Refunding v Illinois Bell Telephone Co 1st mtge " 294s series A, 1981 50,000,000 Refunding; working capital Northern States Power Co (Wis)— 1st mtge 3 Ms. 1964---——17,500,000 Pacific Gas & Electric Co 1st & ref mtge 3 Ms," series I, 1966——15,000,000 Capital expenditures 1st & ref mtge 3s. series J, 1970— 20,000,000 General corporate purposes Wisconsin Public Service Co— ' . ■. . 1st mtge 314s, 1971 — — - Flintkote Co 26,500,000 Refunding — common (1,000 shs) - Amount Purpose of Issue 3% convdebs, 1956 ---.$233,584,900 Extensions, additions, &c Philadelphia Co coll trust sink fund v 434s,1961 48,000,000 Refanding — — San Antonio Public Service Co— 1st mtge 3 34s, 1970- 4 • conversion of bonds $4 preferred stock (75,000 shs)— National Gypsum Co com- $4.50 conv — . — -- pref (3.430 shs) National Oil Products Co common. Common (234.920 ,4 • ; o-j.i 80.000,000 Refunding .? -»av *r. inui ■'i t ".-yju;*- a'.s trcl <- iLJt! ' i' } S- '4 ")• X 'c:; nr ' ' V; . -• " • •• • ■ i -C. ■' - (146.090 shs). —- , . , . ,. CHANGING NUMBER Capital stock (28.571 shs)--..- *978,240 18,906.625 *5,016.730 9,319,700 " . SHARES LISTED Savagj Arms Corp common BY No. of Shares r: (four for onoK 6,361,300 739,144 — SHARES ISSUED TO IN REPLACE STOCK THROUGH REDUCTION SHARES OUTSTANDING NUMBER OF No. of Shares ■ — SECURITIES ISSUED WITH CONNECTION IN NAME OF CORPORATION, THE PREVIOUSLY LISTED •' — '— , , , v , , x .. Ccrp (formerly Amerada Ccrp) Duplan Ccrp (formerly Duplan Silk Ccrp) common 8% cumulative preferred International Minerals & Chemical Ccrp (formerly tional Agricultural Ccrp) common. .. M 800,0001 Issued per recapitalization fbl '/jH*.: l plan Sf;4 1 922,075 350,000 17,655 (Interna¬ 436,044 — Corp)-. — — -- SECURITIES ISSUED THROUGH AMENDENTS TO 600,000 Old stock just listed . Amerada Petrcleum (The) Texas Co (formerly Texas t ^ *285,710 Pay bank loans, &c. ——-a—$93,842,432 •'".VC'G;L*j OF ,r 7% cumulative preferred. National Can Corp (formerly McKeespcrt Tin Plate Co)..—- 11,828 Conversion of preferred 1,600,000] CHANGE SECURITIES HAVING BEEN ' No. of Shares General corporate purposes Old stock just listed Stock dividend Exchange for 6% pref. stk, „r Van Norman Machine Tool Co— HA bp OF SHARES, AO. . Reo Motors Inc common (v t c) from 2,000.000 shares (par $1) to *500,000 * Those shares (par $1) are represented by voting trust certificates , . 4,500 Working capital United States Plywood Corp com— Vanadium C rp— v 'h-V#..'dD 250.000 122,700 100,000 Seagrave Corp (from no par to $5 par) Sweet Co of America (from $50 par to $12.50 par)-:-—.--,.—-- t: 'J- .... • 100,000 727,580 11,386,253 INDENTURES WITHOUT CHANGING AMOUNTS LISTED 5% bonds, 1944—....$29,339,000 20-year cell trust conv 5% bonds, 194921,661.000 20-year coll trust conv 5% bonds, 1950——-—-— 21,175,000 Alleghany C^rp 15-year coll trust conv Or'w >,(■ .: t f ,-i . No. of Shares - . ^ Union Premier Food Stores Inc— Total-—-- WITHOUT ' .— 4M% class A oreferred- 276,281) SHARES OF Detroit Edison Co (four for one) 14,899,100 Pay bank loans, expansion Remington Rand Inc common 158,145 Stock dividendSafeway Stores Inc 5% preferred-. 100,000 Corporate purposes common VALUE . *7,500.000 General corporate purnoses 60,0001 Acquisition of assets of con*343,000] stituent company 127,068 Repay loans, &c. . 5% cumulative preferred .v- " shs)*1,359,200 Old stock just listed Philip Morris & Co Ltd Inc— 4M% prefm-ed Common Total. —.._...._______$378,084,900 v COMPANIES 6,000,000 Refunding; working capital • VOTING No. of Shares Inc common (no par) PAR , „ (Gar) Wood Industries Inc— _• 1st mtge &coli trust 3 94s, 1971-_ CHANGING SPLIT-UP OF Monsanto Chemical Co— Common . 16,500,000 Refunding Union Electric Co. of Missouri— c Smith & Corona Typewriters .'■■•v! *194,180 Acquis, of constituent cos., Common 15-year FOR , Exchange Buffet Corp (from no par to $2.50 par) » ... *1,446,824 Stock dividend Standard Oil (Ohio) common PUBLIC UTILITY BONDS LISTED SECOND SIX MONTHS OF 1941 EXCHANGE SHARES IN LISTING CHANGING NUMBER OF SHARES ISSUED Working capital *960,000 Acquisition constituent co. 400,000 Additions. &c. 417,120 Old stock just listed Capital stock (44.909 shs).. Parry Corp— Common (146,000 shs) — Sun Oil Co Company and Class of Bonds— t COMPANIES 43.245 General corporate purposes . 15,500,000 17,867.000 15,000,000 TRUST CERTIFICATES 559.176llssued per plan of 3,727,840] recapitalization — Sears Roebuck & Co— .$208,000,000 American Teiep & Teleg Co. COMPANIES *10,000 General corporate purposes - 6% preferred stock. — — General Amer Transportation Co— Capital stock (16.304 shs) Total.— — - 51,362 $33,891,000 1,844,000 ' 3,000,000 3,550,000 1,600,000 3,160,500 13,993,000 12.500,000 ■ . (Robert) Gair & Co Inc common.. Northwest Airlines Inc— Refunding; working capital 1941_._ „ McCrory Stores Corp 5% pref-— , 1st mtge 3Ms, bonds, 1954... stituentcompanies Purpose of Issue Amount Columbus & Sou Ohio Electric Co—! -——- Refunding and general mortgage 5s series B, 1976.Refunding and general mortgage 434s series C, 1978.. —... Refunding and general mortgage 5s series D, 1980- Martin OF 1941-...- Des Moines Division 1st mtge 4s, 1939 Omaha Division 1st mtge 334s. 2d mortgage 5s. 1939 *101,400 Acquisition of stocks of con- Internat'l Business Machines Ccrp— FIRST 1,511,067 • Detroit & Chicago Extension 1st mtge 5s, Toledo & Chic Division 1st mtge 4s, 1941 9,625 Working capital Lines Inc common (10,140 shs)^..- BEEN Ry—Mobile & Wabash RR 1st mtge 5s. 1939 *7,1001Issued per recapitalization *142,050] and reorganization plan (Charles E) Hires Co capital stock. $38,693,000 BONDS Certificates of deposit fr r 1st preferred stock. 1st lien 50-year 4% Terminal WERE No. of Shares 1,SI 1,067 479,044 Certificates of deposit for 2d preferred stock....... 3,000,000 General corporate purposes 5% preferred Curtisa Publishihg Co—' Common (7,100 shs). Preferred (2,841 shs) Air DEPOSIT HAVING Wabash Ry ref and gen mtge 534s. 1975 Greyhound Corp— Common (150.000 shs). Hayes Mfg C°rp common, 6,875,000 Refunding '74 — UTILITY — — Goebel Brewing Co common. —6,000 11,418,000 Refunding Terminal RR Association of St Louis PUBLIC Champion Paper & Fibre Co—> 6% preferred Cleveland Graphite Bronze Co— OF , Southern Ry certificates of deposit for Southern Ohio stock trust certificates. pansion, &c v4 WHICH' CERTIFICATES Erie RR certificates for common stock purposes 34,459 Acquis, constituent cos. *4,000,000 Additional wcrk capital 3,912 Conv of bonds and notes 4 :4 3: 120,000 Payment for equip't &c. pref (80,000 shs) Common-.---.-. 18,000,000 Refunding - • 4,308,200 General corporate purposes 4,336,665 Discharge bank loans, ex- - FOR ""ISSUED, • THE SECURITIES THEMSELVES PREVIOUSLY LISTED " . ' Amount Purpose of Issue $1,944,790 Conv. of debs.; corporate -.4 Erie RR—Ohio Division— ser MtSdELtAWEOlrS1'JTOCKS'^ISTRD8 AND Central Foundry Co common Common by us The tables follow: additional listings. as new or Federated Department Stores Inc— Company and Class of Bonds— Amount Purpose of Issue Dayton Union Ry— Gen mtge series B 314s, 1965--- $2,400,000 Make settlements &c with proprietary companies 1st mtge 3148, 1971 Monongahela Ry— 1st mtge 314% bonds shs)—.*15,000,000 Refunding ——$15,864,177 - conv represent substitutions for they as securities already listed and are not considered SECURITIES Eastern % RAILROAD BONDS LISTED SECOND SIX MONTHS OF 1942 list of companies the These securities are not included in the tabulations above 1 " „ — Extended per adj plan a value of whose shares have been changed, the num¬ of shares, etc. 838,477 Refunding Union Electric Co of Mo— $2.75 * - list of companies for which new certificates were issued ber of shares listed remaining undisturbed, a list of com¬ Purpose of Issue $25,700 Conversion of debentures Burlington Mills Ctp common,-- i. . Total.. The amounts given represent thd ing the number of shares listed; Amount ' ; plan J'A "; 4,722,300 value. panies changing the number of shares listed bj^spllf^up"" Company and Class of Stock— Commonwealth Edison Co common Southern Natural Gas Co common. 5 34 % preferred Aviation Ccrp cap stock. 89,000 Payment and ext. of notes Ry— Includes shares of no par or stated value. par Amer Brake Shoe & Foundry Co— «. • - 1st consol 4s, 1960 • ' Purpose of Issue v.;; 158,600\Issued per reorganization < • in exchange for voting trust certificates without chang* -$13,541,842 Total American Airlines Inc common exchange plan .. 1st and refunding 4s 1975 General mtge income A, 2015 - a corporate purposes '■. Chicago & Eastern Illinois RR— General mtge income bonds, 1997 15,354,500 Issued per reorg. plan Chicago Great Western Ry— 1st mtge 4% bonds series A, 1988 10,130,100\Issued per reorganization General inc mtge 4148. 2038.--6,113,600 plan « V ^ » - , Company and Class of Slock— . Purposeof Issue i 287,600/ $411,159,564 for which certificates of deposit were issued during 1941; FIRST SIX MONTHS OF 1941 SIX MONTHS OF 1941 LISTED FIRST Company and Class of Bonds-*- , In the following tables we give a list of the securities . $3,811,200 Conversion of delicnturcs 9,730,642 Old stock just listed;gen. Southern Natural Gas Co common- INDUSTRIAL Boston & Maine RR— * - *148.470 Issued per plan of 287,500!' recapitalization declared issued are given in the following tables: i . w Amount Company and Class of Slock— Commonwealth Edison Co common Total and stock issues listed Pump &, Machinery common (14,847 shs) Total.. J780.300 _-s; account of which the several bond on 206,377 General corporate purposes 270,000 Pay bank loans Purpose of Issue , PUBLIC UTILITY STOCKS LISTED $4.50 pref stock (150,000 The purpose co. *8,858,170 Stock dividend _ 434% prior preferred 434% prior convertible preferred OF 1941 . 26,721,300 Construction of plants, &c. Worthington ' ( . *662,625l01d stocks just listed *5,706,400] 324,300 Acquis, of constituent - *$341,3001 Issued per reorganization *439,000 / plan .., _. _ ' . Common /PUBLIC UTILITY STOCKS LISTED SECOND SIX MONTHS OF 1941 ::;£; ;-V *2,339,217 General corporate purposes (lnd) common... _ reorganization - . Amount f — 35-year — *504,000 Acquis, of cortstituent col 3,718,400 Acquis, of constituent cos; com (258,030 shs) Symington Gould Corp com.. Victor Chemical Works cap stock. Westinghouse Electric & Mfg Co—• reorganization —$54,292,767 Company and Class of Stock— Gulf Mobile & Ohio RR— Common (3,413 shs) r $5 preferred (4,390 shs)... . . against predecessor *2,142,160 Reclassification of class A Common (45,867 shs) (E R) Squibb & Sons— Common (473,550 shs) $5 cum pref ser A (57,064 shs);.. *1,482.0001 Issued per reorganization *1,175,800/ plan , ' (14,820 shs) - " Sun Oil Co per Issued stock Chicago Great Western Ry— Gulf Mobile & Ohio RR-r- ' / . Safeway Stores Inc com (42,000shs) 5% cumulative preforred Sears Roebuck & Co— Purpose of Issue *$343,297\Issued 15,354,520) plan 17,631,950\lssued Class A stock- • MONTHS SIX FIRST LISTED STOCKS ' . B 7 % preferred 1 ! '■ •.." to Atlas Corp. as compensation fcr claims ; 120,000 '' — -.-.-.--i 3 ; 4,000,000 5% external secured sinking fund gold bonds, series A stamped. .—ii— —-——*11,313,500 New York, City of, 3% corporate stock (transit unification) 1980---^-ll^y-ii.-i.^^.-— & ?■ 1.364,000 United States of America 2% Treasury bonds of 1948-501,115,368,400 United States of America 2 34 % Treasury bonds cf 1952-54— 1,023,568,350 -United States of America 2 34 % Treasury bonds of 1956-58— 1,449,376,400 United States of America 2 34% Treasury bonds of 1967-72— 2,666,177,200United States of America 2% Treasury bonds of 1951-55—— 532.717.S50 bonds, series B 1967-----.- 1,122.200 / — Common (749,756 shs).. -$152,088,700 - Colombia, Pepsi-Cola Co. Revere Copper & Brass InC— — RAILROAD STOCKS LISTED SECOND SIX MONTHS • "*T 448.700llssued in exchange for class Radio-Keith-Orpheum Corp— * LISTED DURING THE YEAR 1941 ' qulsition, add'l equip.,&o 400,0001 Old stocks just listed ■>. 3,789.800] 'vj ... —... - Total. Total--- ISSUES LISTED AND AUTHORIZED TO BE "nVf: ' common Pittsburgh Steel Co— 1st series 534 % prior preferred-. Class A 5 % preferred Calif 294% of — during 1941: GOVERNMENT ; —. debentures, 1966 25,000,000 Pay instalment notes Westinghouse Electric & Mfg Co-r234% debentures, 1951 — 20,000,000 New capital, &c. Common stock. bonds listed and authorized to be listed on the Exchange $299,492,800 : - of glance government at a - . . and notes • following table ' *11,351,900 General corporate purposes • stock of Standard Oil Co. of Ohio. The . : 2,100,000 Refunding 805,331 Exchange for existing debt Hayes Mfg Co common 200,378 Additional capital funds 1' International Paper Co common 27,416,8351 Issued per feorg. agreement ' Cumulative conv 5% pref... j-. 92,979.300/ of Int. Paper & Pow Co.' Jewel Tea Co 4X% preferred.---5,000,000 Additions, &c. Jones & Laughlin Steel Corp— ^ 3;^;'; Common (1,311,161 shs)..—*57,632,OOOilssued per joint plan of 5% preferred series A_ 29,356.800) merger with subsidiaries 5% preferred series B-l —-i-.— 29,326,100/ c ? • . " Joy Manufacturing Co common... 384,100 Old stock just listed (Glenn L) Martin Co common 4,500 Issued to co.'s employees " Master Electric Co common--. 249,932 Old stock just listed McKesson & Robbins Inc common 30,34-6,218 Issued per re.rg. plan • f 5/4% cumulative preferred-.--. 5,600,000 Pay creditors claims 1 : Paramount Pictures Inc common.. 271,488 Conversion of pref. stocks Pepsi-Cola Co common.... 1,898,570 Merger of Loft. Inc. with u - Pittsburgh Coke & Iron Co 1st mtge 434s, series A, 1952. 750,000 Additions, betterments, &c. Remington Rand Inc 15-year 334% sinking fund debentures, 1956.— 15,000,000 Refunding Westinghouse Electric & Mfg. Co. and $18,906,625 com¬ mon plan of recapit-aL per rv-ization % preferred, j 5'% cumulative convertible pref.' Graham-Paige Motors Corp com— - of stock common ? - (16,813 shs)...*336,260 Stock dividend •• < shares common ' co. Stock dividend *1,000,000 Issued j,-.. -;= ^ _ Fruehauf Trailer Co 334% sink fund debs, 1956--.— 13,700,000 Pay creditors under plan of V ' ; • reorg., working capital Paramount Pictures Inc 4% debs, 7 ■ 1956——5.——.'u.4-4^: 17,638,700 Exchange for 334% debs. 1,898,570 were 646,722 — 1,135,000 Acquis. Du Pont Film Mfg/" ' com (13,000 shs) *130,000 Acquisition of properties ■ $4.50 cumul pref (40,000 shs)—. *4,000,000 Pay promissory notes, acr* SIX MONTHS OF 1941 3% debentures, 1961-: McKesson & Robbins Inc 57,064 shares of $5 cumulative preferred stock of and E. issues : Flintkote Co 15-year 294% debentures, 1956-110,000,000 General corporate purposes just listed; $30,346,218 Other company. 1 ^Common. - 7,500,000 Refunding Company and Class of Bonds— Robbins, Inc., issued in connection with the reorganiza¬ of 20,000,000 Refunding 6,500,000 Refunding Beneficial Industrial Loan Ccrp— Standard tion ^ ■; - *234,430 Acquis, of constituent Common (113,519 shs)__. E I du Pont de Nemours & Co— Firestone Tire & Rubber Co 20-year preferred of McKesson & $5,600,000 5V4% ■ . \ corporation with its subsidiaries; 384,100 common shares of Joy Mfg. Co., old stock - i - Laughlin Steel Corp., issued per joint plan of merger of the r Common - ' preferred series B of Jones & $29,326,100 5% Refunding INDUSTRIAL AND MISCELLANEOUS BONDS LISTED 1,311,161 common shares, $29,356,800 5% preferred series A -. - Dow Chlemical Co— —• ' . ^ - ' Common (1,075,429 shs). Cueno Press Inc 4 34 2,492,800 Corporate purposes Youngs town Sheet & Tube Co— 1st mtge sf 334s, ser,D, 1960... 45,000,000 Refunding cumulative 25,194,000/ *36,166 shs Acquis, of constit. co. stock Doehler Die Casting Co—- 15,000,000 Refunding 12,500,000 Refunding Wheeling Steel Ccrp 1st mtge sink > ' + ' ('<■ fund 334s, series B, 1966--.... 30,000,000 Refunding Paper & Power Co.; International of '*-• , debentures, 1961-.—- stocks just listed; $27,416,835 common and $92,979,300 5 % preferred stock of International Paper Co., issued per reorganiza¬ agreement ' : * Swift & Co 294% debentures, 1961 preferred stock of Fruehauf Trailer Co., old tion M . .0 Pittsburgh Steel Co 1st 4 34s, 1950. Revere Copper & Brass Inc 1st mtge 3 34% sinking fund bonds, I960. Shell Union Oil Co 234% sink fund refund-; purposes; of common stock and $3,789,800 5% shares debentures 1951 (1,085 shs)._____ Consolidated Aircraft Corp com.. Continental Baking Co— 22,000,000 Refunding debentures, 1947.....--..4.-. Phillips Petroleum Co conv 194% preferred stock of cumulative 28,000,000 Refunding Paramount Pictures Inc 3 34 % conv $2,100,000 general corporate for issued Common Celanese Corp of America—; Common (23,443 shs) trust Panhandle Eastern Pipe Line Co—• 1st mtge & 1st lien 3s, ser B, 1960 12,000,000 stock, of Dow ling purposes; 113,519 shares of common Co., 1st mtge series C 334s, 1961..,. 3 34s' 1961--. National Dairy Products Corp— listed aggre¬ ■\4Yz% preferred of Cuneo Press, Inc., issued for 5% cumulative preferred..—— Atlas Powder Co— —— 4, 3 34 % debentures, I960.;. .iwi44 55,000,000 Refunding ' Corp., representing old stocks just listed; Chemical ---.-. Koppers Co 1st mtge & coll preferred of American Vis¬ and $25,194,000 5% common cose — following: $24,206,000 $505,001,996 included, the " Steel Co of America— 15-year 3 34 % sink fund deos, '55 15,000,000 Ref'g; gen corp purposes debs, 8,000,000 Refunding " *■ Jones & Laughlin Steel Corp— v - Industrial and miscellaneous stock issues gating Company and Class of Stock— Amount Purpose of Issue Allied Stores Corp 5% preferred— $1,216,900 Acquisition of constit. co. American Home Products Corpr— -,T. . , - Common.- —.j__--_.--.--_ 43,515 Acquis:'of constituent COs,' :A American Viscose Corp common 24,20S,000'01d stocks just listed-—-J Electric Auto Lite Co 2 34 % 1950- aggregated only .$29,406,019, the principal issues being 150,000 shares *($15,000,000) $4.50 preferred stock of Union Electric Co. 'of Missouri and $10,569,119 common stock of Southern v ....... ' ; Beneficial Industrial Loan Public utility stocks listed during 1941 Gas MONTHS OF 1941 Company and Class of Bonds— Amount Purpose of Issue Corp— . >•-. 10-year 234% debs, 1950—--.-$10,000,000 General corporate purposes' Crane Co 2 34% sink fund dobs, '50 10,500,000 Refunding and coll. trust 334s, due 1961, and $20,000,000 •'Westinghouse Electric & Mfg. Co. 2Vs% debentures, due 1951, and a like amount of convertible 1%% debentures, 'due 1951, of Phillips Petroleum Co. ;mtge. Natural :' ;Vw.vY:,v..v-: 2%% debentures, due 1966, $22,000,000 Koppers Co. 1st ; INDUSTRIAL AND MISCELLANEOUS STOCKS LISTED SECOND SIX MONTHS OF- 1941. ;,v-. I INDUSTRIAL AND MISCELLANEOUS BONDS LISTED FIRST SIX California of Co. Tuesday, January 20, 1942 ,\}'p ,r }.' i n*"U.- Jilt' f . Volume 155 Mcnlhly Report ■ 301 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4035 - on Comparative Figures Of Condition governmental Corporations and Credit Agencies The monthly report of the Treasury Department, showing assets and liabilities as of Nov. 30, 1941, of govern¬ mental corporations and credit agencies, financed wholly or in part by the United States, was contained in the Of Canadian Banks Department's "Daily Statement" for Dec. 31, 1941. As computed, the Federal Government's proprietary interest in these agencies and corporations, as of $4,459,339,210, and that privately owned was $430,064,367. now Nov. 30 was the In AGENCIES OF THE SUMMARY, (d) OF COMBINED STATEMENT OF ASSETS AND LIABILITIES OF GOVERNMENTAL CORPORATIONS AND CREDIT following Oct. condition of Assets Current Real Capital and Other United e Securities Slates Cash Guaranteed Stock, dec. All Other Estate and Other Receiiabtes Preferred loans Due Accounts Business Reconstruction Fin. Corp.. 1,387,637. $ • Agencies 559,464 Export-ImportBk.of Wash. Federal Crop Insur. Corp.. Corp. Tenn. Valley Authority... 1,382,402 h47 993,654 50,674,400 a Assn.. Authority- J329.433, 583 002,265 251,789, 038 19,573 "993*586 573,162", 109 5,550,510 713.706.480 15,683.993 100,000,000 ,376,020 51,960,904 852",650 6.643,169 Regional agrlc. credit corps. ""220 7,178,591 70,379,618 55,031,350 3,884,009 9,449,781 63,848,219 941 258,350 005 41,479 322,130,740 185,668,134 126,292.133 17,435 . corp'ns & llquid'n): of sur¬ plus war supplies) Sec. of the Trcas. (U. S. 7,045,345 29,152,685 23,536 * 16,025, 053 Corp Autli.. Security Admin... Disaster Loan Loans 5,314 19,339 5,125,140 1,698,051 36,020 1,504 555,704 31,195,744 1,687,447 22,565,676 17,183,624 533,096,021 135,745 14,727 2,864",256 2,812 loans)-.' 37,648,887 2,754,936 — • banks other in includ- secured, 33,721.038 33,612,381 151,276,691 *.■.vy-v" 4 3,167,612 - , 27,651,8H 156,986,736 121,091,028 2,995,685 4,299,370 41,937,737 40,088,487 160,317,309 151,511,858 1,407,020,943 1,278,632,696 145,000,887 > 134,999,031 - bills rediscounted— ing Deposits made balance banks and with due other from Canada in bank¬ in V;. correspondents United Kingdom ing the 3,480,577 •. Due from banks and y , , 38,243,498 from banks and bank¬ Due correspondents ing where than else- Dominion / ties 150.094.68C " and Government Provincial No¬ ; . Canada in and the United Kingdom. Government V : 1,448,550,337 and securi- " • foreign British, 414, 258 822,797 51,560, 527 RFC Mortgage Co 72,457 ,170 400,076 ,073,504 4.270" 227 Associated Cooperatives. Inc.t. 3,688,139 29S~501 2,550",000 5,799 626,877 456,000 30,231 631,759,898 217,110 41,496,954 2,116,205 hi,548,864 1,219,600 1,127 19,889,754 hll6512803 41,461 Nat. Dofenso 6;833,683 2,812,217 25,305,255 799,880,288 57,016,103 7,606,032 2,756,157 ' 83.413.085 2,116,241 Valley 252,643 33,825 r 150,704,871 bonds, Raiway and other debs, and stocks ing 37,432,281 41,310,618 45,653,550 35,324,392 1,128,629,395 1,146,857,168 127,762,390 131,919,945 1,021,276,282 127,579,727 14,219,233 8,392,059 13,805,251 77,826,714 92,622,309 4,841,197 5,165,942 6,115,095 6,576,034 6,799,388 7,322,976 3,406,350 3,415,058 3,597,366 69,300,024 yii. 69,900,628 70,493,647 121,427,206 112,278,929 67,293,296 loans in stocks, de¬ days) Canada on ficient - . Elsewhere than in Canada. Other loans current ;v and in Canada Elsewhere Department: Fed. Res. banks for Indus, loans. v.y.;v value marketable cover discts. , and bonds securities of a suf- other 42,399,307 90,388,615 (not exceed¬ bentures, to 98,824,940 75,384,511 30 90,847,543 35,613,383 Call and snort 293,377 2,189 4,721 colonial public se¬ curities other than Cana¬ dian 11,374,934 217 Corp.t. corp'ns.r.. Panama RR. Co.t- ..... Puer. Rico Recon. Adm.. Inl'd Waterways Tenn. 2,755 (Indian Dept. 75,844,824 231,193,497 other banks other on to Canada 63,250 1,871,207 655,329 2,700 54,313 h5,797,964 1,000 372,462 16,739, 572 463,695 686 Indus., Inc.. Fed. Prison 123,678 106,819 - El. Home & Farm Interior and currencies Cheques 86,421,782 231,791,351 2,238,302 and 1,244,198 422,077 569,996 _ Farm banks other States foreign 4,351,604 42,593 16,592 4,065 U. S. Housing Other: 3,686,863 9,876,695 247,104,634 Canadian municipal 4,351,604 RR. Admin.) Corp U. S. Spruce Prod. Corp. 2,996,265 9,437,511 of securities agencies (in Navy Dept. (sale 6,189,832 — Bank with of United emergency War 6,441,246 88,406,759 of Canada. Bank of Notes 22,660,839 2,978,665 65,633 385 346 ,614,889 211,557,727 481,369,759 278,028,550 1,442,661,181 2,239,466,430 5,796.393 1,544 ,001 404 ,390 29,166,066 2,502,438 '28,635,955 97,396,452 1,164,920 761.129~.840 47,385 701 9,613,401 172,426 874 2,913 831 132,996,030 287,697,562 69,019 9,987,215 100 889 ,633,476 392,291 Production credit corp'ns.. 292,739,683 1,253, 532 h4,353 358 27, 575 3,311 272 127,443 828 15,085 38,238,764 ,287,952 149,368,747 ,917,769 35,999,614 108,845, 371 Banks for Cooperatives 2,700,991 1,109, 260 32,786 859 052,420 Corp.. 49,314,348 3,045 101 ,043,008 '•••" V-:: --.."". - 2,968,184 - Canada 2,587,088,056 5,595,715 23,761,102 dominion Nov. 30, 1940 9,434,037 Deposits 341,535,888 1,726 6,750,936 254,614 003,664, 774 Federal Land banks.x—.. 1,776.079, 499 230,081, 208 Fed. Interm. Credit banks. Farm Credit Admin Federal Farm Mtge. 86,400 11,064,627 25,647,697 21.603,366 33,825,803 205,159, 224 U. S. Houslng 14,139 :V7,48~,757 86.098, 813 30,250, 344 Comm'1*.. 319,100, 959 Rural Electrification Adm. Home Owners' Loan Corpy 1,794,110, 781 1174986,060 216,954,826 Federal Savings & Loan 813,807 Insurance Corporation— 431,436 187",083", 935 Federal Home Loan Banks. 114,997 Federal Housing Admin... Maritime Federal Nat. Mtge. 3,479,344,718 1,164,396,227 188,134,444 26,470,629 585,237,964 461,314,757 86,098,813 7,150,232 436,036,135 115,231 Public Works Admin U. S. 49,689,625 1,562,240,485 812,128,096 12,661,725 35,833,729 587,801 458,415,803 49,704,177 Federal Deposit Ins. h 150294621 506,407 742,551 198,031, 644 137,533, 844 Commodity Credit Corp 472,352 748,130 403,996,445 ' $ $ $ Total Notes 8,300,000 827,586,059 the and S $ m of Oct. 31,1941 6,465,853 ■ Dominion notes ■ 222 />.. . -v Canada gold and subsid- Canada Elsewhere Total Corporations Properly by U. S. Securities In > banks Nov. 29, 1941 * iary coin— from Government Other t the of of 1941 Assets— Investments 29, 1941, with the figures for 31, 1941, and Nov. 30, 1940: statement .■ UNITED STATES, COMPILED FROM LATEST REPORTS RECEIVED BY THE TREASURY*—NOV. 3», the condition of the compare, we Canadian banks for Nov. Treasury Loans Advances to ' , : . Due districts Items: m other gov¬ Real corpora¬ corp'ns mental 1,096.427,714 1,096,427,714 agencies Due tp other govern¬ sold or .... 2,860,504,793 above.. "**0 15,340,868,283 8,337,389,115 601,523,795 501,588.509 905,627,047 115,230,116 912,744,315 751,257,898 698,025,449 2517,482,< Total Proprietary Interest Liabilities and Reserves \ Distribution of 2,86®,5047793 by United States q Not Interagency United States Corp'ns I,.Total Liabilities; Interests Owned by Assets Over Due to Guaranteed by Govt. United States t . | Capital Stock Privately Surplus > {Net) Owned and Agencies Reconstruction Fin. Corp.. kl806 305,260 ft383.617.477 730,781,856 2,920,704,593 Corp— k703,052,582 219,897,428 206,379 140,119,337 1,063,069,347 558.640,125 101,326,880 206,379 187.928,065 12,470,629 Commodity Credit Export-Import Bk. of Wash. Federal Crop Insur. Corp.. 12,470,629 295,938,407 56,974,046 81,146,278 380,168,479 1,636 295,938,407 Corp.. Authority Federal Deposit Ins. Tenn. Valley 14,000,000 289,299,557 24,172.232 Public Works Admin 473,115,614 Maritime Comm'n.. Home Owners' Loan Corp y 2,434,163,272 Federal Savings & Loan In¬ 53,697^808 473,117,250 219,429,260 2,487,861,080 Corporation Federal Home Loan banks. Federal Housing Admin 21,321,249 Federal Nat. Mtge. Assn.. U. S. Housing Authority... kl 14,909,220 1,618,846 1 618,846 101,075,270 101 075,270 U. 8. Rural Electrification Adm.. 219,429,260 surance . Farm Credit Admin 5,730,901 89,756,892 6,272,193 1,276",962",789 Federal Land banks.x 1,880*.966 1,342 ,661,181 996,047 221 ,092,562 236,084,318 23,536 2,024.955 Banks for Cooperatives 29,152,685 31 ,177,640 _. 366,509 Regional agrlc. credit corps. 1,008,213 War contra per Deposit curity of 61,881,292 124,741,000 70,344,302 20,484,211 138,992,101 56,935,988 223,652,412 31,377,184 350,000 149,559 350,000 149,559 Auth.. 15,834,457 Farm Security Admin.... 29,009,347 Fed. Prison Indus., Inc.. 568,783 568,783 1,117,918 49,603,899 2,961,140 1,117,918 Dept. 15,834,457 147,515,414 — Nat. Defense corp'ns.r— Panama RR. Co.t - Puer. Rico Recon 712,739,447 i 338,978 762,343,346 3,300,118 Adm. 2,458,749 55",508",087 57,966", 837 Tenn.Val .Asso .Coop ..Inc. 100,000,000 213,735,518 67,517,085 60,000,000 128,000,000 101,316,624 221,196,245 zl46,218,433 120,000,000 26,022,886 21,259,418 5,925,624 21,652,626 5,000,000 a4,351,604 6,231*676 86,022,886 149,259,418 1,886,783 63,250 b29,129,l49 29,129,149 34,060^548 385,580,607 10,806,151 2,812,217 24,187,337 37,536,942 53,715,984 25,446,249 293,377 305,329 100,000 c32,198,341 205,329 22,416,117 24,000,000 cl,583,883 850,000 1,349,167 385,580,007 •a385,580,607 a4,113,380 10,806,151 499,167 350,000 25,212,678 bl,504 712,739,447 b2,417,179 25,000,000 "446", 249 55,508,087 1,000 292,377 27,546,311 21,283,800 .1)27,546,311 21,283,800 2,101,000 to other mental 1,591,700,076 1,625,878,423 453,688,616 460,130,348 398,783,923 banks secured, in¬ other from Canada ■ other to due 11,550,328 correspondents than and a25,212,578 in the 11,533,021 18,264,063 19,635,511 26,265,133 28,948,220 26,842,630 121,427,206 112,278,929 67,293,296 7,305,647 6,149,960 5,643,244 in Kingdom United 13,876,810 bank¬ and banks to • Can- , •> United Kingdom 30,184,479 payable 6,606 a60,158 and Acceptances a2,101,000 Liabilities not Dividends bl096427,7l4 incl. under heads declared and Interagency 16,448,976 2,799,717 2,263,055 133,750,000 133.750,000 up 145,500,000 145,500,000 145,500,000 Total liabilities a!6,448,976 16,448,976 430,064,337 4,914,080,210 4,330,231,748 4,045,268,946 2,405,763,793 6,356,714,372 4,094,750,364 2,405,763,793 454,741,000 4,017,288,020 3,666,338,525 10,451,464,736 4,889,403,547 or 2,280,865 reserve fund 583,848,462 m454,741,000 16,448,976 In¬ terests lncl. above ¥ 134,750,000 unpaid Rest or 16,448,976 43,013 letters outstanding— credit foregoing 6,356.714,372 4,094,750,364 2,405,763,793 12,857,228,529 5,344,144,547 ■'V::'T.V and by banks in Canada Elsewhere 1,096,427,714 al096427,714 ' ■ redis¬ bills made Deposits govern¬ corp'ns Subtotal... Total Canada in Due corpora¬ 1,096,427,714 962,492,339 than elsewhere balances gov agencies Less: on counted Interagency Items: m tions or agencies 1,135,522,582 public, demand in the by 1,639,201,355 of 2,101,000 73,497,553 Provincial to cluding 12,187,337 7,536,942 46,715,985 60,158 64,455,854 . 1 in a2,812,217 12,000,000 30,000,000 7,000,000 a7,606,032 Secure, Due 60,757,746 Fi¬ the Canada Bills 60,158 95,649,754 pay- 160,920,801 due Balance Loans 6,692,771 2,812,217 24,187,337 37,536,942 53,715,984 7,606,032 25,446,249 293,377 25,212,578 220,296,198 deducting Act nance $ 90,903,096 80,857,180 * - ernmental $ 82,243,767 79,200,600 Dominion to credits, under Advances Deposits ~ rec'd by Bur. Rev. In set¬ other Nov. 30. 1940 by the public, payable after notice of or on a fixed day in Int. from Nov. 29,1941 after ada rec'd from the RFC Act Feb.24,1938 3,682,026,578 Oct. 31, 1941 1,180,230,578 due for adv. the tlement of taxllab's.. 4,031,392,410 circulation—. in Govt, KR. loans (Transporta¬ Due 4,061,108,511 assets Liabilities— ing 21,283,800 1920) 1,858,917 foregoing Deposits Res. 27,546,311 of 1,889,447 included not the governments a63,250 1,871,207 bks. for Indus, loans. tions Act, assets Deposits 1,871,207 305,329 22,416,117 1,349,167 Fed. savs. & loan assns. Secure, 11,415,563 heads 16,652,626 4,351,604 bl,097,699 b6,049,298 Treasury Department: Advances to Fed. 4,829,171 10,658,644 to lists, &c. 125,925,624 21,652,626 7,606,032 RFC Mortgage Co - Other Notes (Indian loans) Inl'd Waterways Corp.t. • 118,506,067 4,485,721 11,122,340 loans and of controlled companies Balance 10,484,211 137,992,101 a56,935,988 100,000,000 63,250 Corp Prod. Corp. Other: Disaster Loan Corp.- 4,488,322 — Canada U. 8. Spruce iv'v¥ ¥ ¥ ¥ se¬ circula¬ note .payable plus war supplies) Sec. of the Treas. (U. 8. RR. Admin.) — Interior the for tion 200,000,000 cl00.773.024 bl00,000,000 agencies (in llquid'n): El. Home & Farm Minister the with Finance Total Navy Dept. (sale of sur¬ U. 8. Housing credit of 5", 548", 874 203,745,267 & corp'ns emergency writ- customers letters under of ' of 55,980,460 4,351,604 Fed. Interm. Credit banks. Production credit corp'ns. 1,802 ,078,500 236 ,107,854 100,000,000 124,741,000 a70,344,302 10,000,000 1,000,000 "bf,726 any) ten off I.:...:..— under 12,928,065 jil22,106,628 131,377,184 233,640,125 b831,458,629 140,119,337 1,326,880 (if not less $ ,008,213 221.092,562 03,817,426 325,000,000 558,640,125 100.000,000 101,326,880 175,000,000 187,928,065 14,000,000 14,000,000 150,000,000 150,000,000 380,168,479 Ja380,168,479 a86.098.813 86,098,813 240,589,230 Ii240.589.230 122,106,628 99,226,976 99,226,976 131,377,184 186,622,292 366,509 191 073,516 342 ,377,658 1,801,082,453 Federal Farm Mtge. Corp.. 86,098,813 240,589,230 122,106,628 70,344,302 20,484,211 138,992,101 56,935,988 100,000.000 437,387,930 86,022,886 154,490,494 125,925.624 27 052,150 101,316,624 221,196,245 139,299,557 $ at cost than Shares S $ - premises Liabilities as U.S. Interests Excess of Guaranteed ^ estate real on amounts 8,337,389,115 601,523,795 501,588,509 905,627,047 115,230,116 912,744,315 751,257,898 698,025,449 2517,482,039 2,860,504,793 18,201,373,076 In¬ Interagency terests lncl. than other by bank Bank more Subtotal Less: ' premises Mortgages agencies esti- r,»~~ - provided for. estate bank tions or loans, mated loss from ernmental ... cities, towns, mu¬ and school Non-current 2,101,000 2,101,000 gov- nicipalities 60,158 60,158 . Interagency Provincial to Loans to SectirB, rec'd by Bur. of Int. Rev. in set¬ tlement of tax Uab's. Becurs. rec'd from the "7" RFC under Act of Feb.24.1938 ; Government the to Canada ernments 25,212,578 25,212,578 1920) tlpn Act, . of Loans (Transport*- RR. loans v 21,283,800 Fed. 8avs. & loanassns. " * V 27,546,311 21,283,800 27,546,311 454,741,000 453,741,000 490.748 430,064,337 4,459,339,210 3,876,4 1,000,000 582,848 Capital paid Note—Owing to the omission of the cents In 454,741.000 footings in the above do not the official reports, th* exactly agree with the totals given. 1. THE COMMERCIAL & FINANCIAL CHRONICLE Government Preliminary Debt Statement of the United States Dec. 31,1941 The of the Receipts and Expenditures Through the courtesy of the Secretary of the Treasury we are enabled to place before preliminary statement of the public debt of the United Tuesday, January 20, 1942 of Government details basis States Dec. 31, 1941, as made up on the daily Treasury statement, is as follows: our readers today the receipts and disbursements for December, 1941 and 1940, and the six months of the fiscal 1941-42 and 1940-41. years Public Issues—Ponds— 3% Panama Canal loan of 1061 $49,800,000.00 ; 3% Conversion bonds of 1946.. 3% Conversion bonds of 1947.. 15,701,000.00 13,133,500.00 . :; Treasury bonds: 4U% 4% 3S4% 3%% 3H% 3% 3H% Month of December [For footnotes 117,352,100.00 2H% Postal savings bonds (22d to 49th series) July 1 to Dec. 31 303] , , $758,945,800.00 1,036,692,400.00 489,080,100.00 454,135,200.00 818,627,000.00 755,431,500.00 1,400,528,250.00 of 1947-52. . of 1944-54... of 1946-56 ....... ........... of 1943-47 of 1946-49.. of 1951-55..... -.Jvi---—' of 1943-45.——-.—......w--— ■ „ 1 \' r ■ ; ; , 1.040,635,649 1,516,413,212 8327,417,546 Miscellaneous internal revenue " , Social security taxes—Employment taxes.. , Tax ><&; ,, or more........ 20,522,185 Taxes upon carriers and their employees....... 66.504,652 3,348,392 158,558,844 Miscellaneous receiptSr—Proceeds of Government-owned securities: Principa!—foreign obligations Interest—foreign obligations .....— — t:-Other.. - .3 ( _ . Panama Canal - — — . — 96,996 .i tolls, &c ........... 13,969,729 11,981.908 —. . ^, I...... Seigniorage; , . employers of 8 Customs. — — on Railroad unemployment insurance contributions..—.—. ............ - General and Special Accounts ' - Receipts— Internal revenue—Income tax. 1,618,737,650.00 3% Of 1946-48—— 1,035,873,400.00 v; 3VS% of 1949-52.......— 491,375.100.00 2W% of 1955-60.— 2,611,092,150.00 2%% of 1945-47 —-v;; 1,214,428,950.00 2H% of 1948-51.—.. 1,223,495,850.00 2%% of 1951-54.:.v—w;————: 1,626,687,150.00 2 *4 % Of l956-59 981,826,550.00 2H% Of 1949-53... 1,786,129,150.00- ' 2^% of 1945 540,843.550.00 21^% of 1948. — 450,978,400.00 2%% 0f 1958-63.... 918,780,600.00 • 2)4% of 1950-52................. 1,185,841,200.00 1 V 2%% of 1960-65.... 1,485,384,600.00 2% of 1947.. 701,072,900.00 ,v>: 2% of 1948-50 (Dec., 1939)-571,431,150.00 2H% of 1951-53 1,118,051,100.00 2^% of 1954-56 680,692,350.00 2% of 1953-55. 724,677,900.00 2% of 1948-50 (Mar., 1941) 1,115,368,400.00 2J4% of 1952-54 1,023,568,350.00 254% of 1956-58 1,448,747,650.00 214% of 1967-72 2,666,172,900.00 2% 01 iJOi 00 632,695,950.00 Z.o of 1951-55 3M% of 1944-46. — — see page $196,046,600.00 . ..iw ——. ... 35,239,354 .. Other miscellaneous 40,965,781 - Total receipts.. • 3,235,652,245 _ Deduct—Net appropriation to Federal old-age and survivors insurance trust fuud.c. . 311:089,362 Net receipts. 2,924,562,883 ..... — ' Farm Credit Administration.e Farm Security - ..... 33,367,393,200.00 Series B-1936. - ' Series C-1938 ———— — Series D-1940Series D-1941 Series — Series G-1941 — Unclassified sales ' adjusted service Public Works Administration.e Work Projects Administration Other.^ Treasury Notes—Regular Series— River and harbor work A-1943, maturing Aug, — : 2,470,956.825.00 —- Federal Farm ?: 8,467,863,925.00 —;—.2,001,505,000.00 500,157,956.40 ' /-'■ ;o:vv;: 1946 Government employees' retirement 102,885,262 r j4,985,834 1 «*»» - Excess 740,200,000.00 989,000.00 of expenditures Excess of expenditures t " j* j •, *\( ^ ( \ ''«, . "■ v"v public debt retirements). 5.140,920,891 33,751,400 public debt retirements) 11,552,859.864 (excluding public debt retirements) —- Postal Savings System series, 30,1943 and 1944 7,317,117.785 retirements) of expenditures (+) or receipts (—) Excess of expenditures (excluding public debt Increase in general fund balance—. 63,000,000.00 Increase In the gross public debt Gross public debt at beginning of 2% Government life Insurance fund series, ma¬ turing June 30, 1946 1,657,665,677 1,240,637,493 Total excess of expenditures- 1,215,000.00 maturing 6,500,000.00 .....—- - '' - ———————— month or year.— — 3% National Service life insurance fund series, maturing June 30, 1945 a Hid 1946. 2% Federal Deposit Insurance Corporation series, maturing Dec. 1, 1944 and 1945.— 2% Federal Savings and Loan Insurance Corporatlon series, maturing June 30, 1945 " . Trust Accounts, Increment on Receipts— . — Less reimbursements to general 3,730,946,000.00 Interest $18,550,000.00 Unemployment trust fund series, mtv- ' turing June 30, 1942 254% Unemployment trust fund series, ma¬ on investments. 2,750,550,000.00 Total interest-bearing debt outstanding Matured Debt on $57,450,945,674.74 Which Interest Has Ceased— Interest on Investments • $3,737,030.26 31,440.00 from railroad Oct. 10, 1940) 1,087,750.00 Increment 1,746,500.00 11,144,900.00 555,050.00 412,028,392 311,089,362 572,778 372,150 875,104 413,501.170 311,461,518 j 12,034,523 77,850.000 102,834,201 8,750,000 12,026,364 31,170,853 17,288,279 j4,985,834 67,930,000 12.819,116 22,455,910 538,400,742 31,264,263 14,698,179 35,064,990 475,270 * ' / . resulting from reduction in the , ,. , 96,444,613 jl7,184,148 250*737*769 3214,043,288 20,991 989,304 1,633,266 146,139 9,704,517 12,199,814 1.270,032,306 49,194.967 355,800,000 weight of the gold dollar fund—Benefit payments —... Investments ■i-- Investments 25,453,830 278,400,000 59,728,606 -- -—■L--- ....... Surplus Marketing Administration—Redemption of commodity stamps Unemployment trust fund—Investments.. — Railroad unemployment insurance account. —-—--State accounts—Transfers to railroad unemployment Insurance account (Act June 2o Withdrawals by Other 1 Total gross debt. Series G is itatcd at ptr, all ctl eis trt — . — — 239,577 62,681,678 16,500,000 174.391,785 459,000,000 3,451,642 6,000,000 373,288,784 235,300,000 6,148,130 " 165,501,359.50 - 2,023,952.37 3,759,605.00 Thrift and Treasury savings stamps......... 30,131,375 3,909,667 23,642 ,, Railroad retirement account—Benefit payments.: S190,641,585.07 fractional currency 22,659,918 1,531,818,729 ' Expenditures— Federal old-age and survivors insurance trust bank and —. 330,288,957 422,275,107 26,704,673 - — 1938)... Deposits for retirement of National Federal Reserve bank notes 76*.000.666 j 54,288,139 "V $346,681,016.00 156,039.430.93 - 703,661 171,444 . Less gold reserve ♦ a325.003.600 13,914,238 ; Total receipts. 14,709,300.00 32,266,200.00 3,139,700.00 45,863,000.00 2,949,000.00 167,400.00 13,232,703 45,024.631,488 1,451,975 Seigniorage 125,250,920.26 Old demand notes and 1938) Transfers from States (Act June 25, ~ 426,161,095 —■ —— Other trust accounts Debt Bearing No Interest— United States notes . _ ^ Other funds and accounts— 4)4 % Third Liberty Loan ' Transfers 7.853,650.00 bonds of 1932-47 4% and 4)4% Second Liberty Loan bonds of 1927-42 bonds of 1928 4)4% Fourth Liberty Loan bonds of 1933-38. 3)4% and 4)4% Victory notes of 1922-23 Treasury bonds, at various interest rates Treasury notes, at various int. rates, reg. series Ctfs. of indebtedness, at various Interest rates. Treasury bills, regular series Treasury bills, National defense series....... Treasury savings certificates - account—Denosits by Railroad Retirement Board. unemployment insurance administration fund (Act Railroad unemployment insurance April 1,1917 (excluding Postal Savings bonds) — 2 H% Postal Savings bonds.. 3Y%f 4%, and 4H% First Liberty Loan 3,141,175 2,437,514 "lY,785,753 Transfers from general fund Surplus Marketing Administration—Sale of commodity stamps Transfers from general fund. Unemployment trust fund—Deposits by States Old debt matured—Issued prior to 2,057,100,451 42,967,531,038' 2,355,010 156,411 Railroad retirement account—Interest on Investments 288,000,000.00 8,976,679,561 48,961,443,536 45,024,631,488 241,479 Net receipts 2,444,000,000.00 751,855,164 44,272,776.325 „ 2)4% turing June 30,1942 , 4,323,043 2,209,513 fund—Appropriations. fund Net appropriations.c. fund series, maturing Jan. 1, 1942 2,019.388,610 37,711,834 926,959,453 Gold, &c. Certificates of Indebtedness— 4% Adjusted service certificate 8,049,720,109 1 >' Federal old-age and survivors insurance trust 5,050,000.00 2,898,303,170 55,039^819,927 640,395,380 111,459,783 57,938,123,097 —— — " " 65,000,000.00 —196,969,391 2,113,530 Gross public debt this date 10,250,000.00 > 2,216,358,008 732,602,323 + Trust accounts, increment on gold, &c., excess 6,458,000.00 .... 2,260,109,408 Summary 5,384,000.00 June 2.216,358,008 7,386,948,885 .... — 5,174^672,291 7,317.117,785 — (Including publ 10 debt retirements)... ...— 4% Alaska Railroad retirement fund series, ma¬ turing June 30, 1942 to 1946 j30.288.957 199.003,957 Total expenditures (Including Civil service retirement fund: 2% 3,909,667 67,930,000 — V. Public debt retirements (sinking fund, &c.) 90,500,000.00 —- 92,715,000 76,000,000 77,850,000 Subtotal.—.^ 424,000.000.00 ing June 30, 1943 to 1946 13,662,329 b45.041.878 fund transfers to unemployment Surplus Marketing Administration (surplus commodity stamps) 3% railroad retirement account series, matur¬ 4% series, maturing June 30,1942 to 1946.. 3% series, maturing June 30, 1944 to 1946-. 4% Foreign Service retirement fund series, mai; turing June 30, 1942 to 1946 4% Can'al Zone retirement fund series, matur¬ -9(830,892 -i— Total expenditures (excluding ing June 30, 1943 to 1946 b58,704,207 ""Ui",396 funds (United States share) unemployment Insurance administration trust fund (Act Oct. 10, 1940).. 1,328,100,000.00::;;;: - 1.767,068.629 11,224,656 Subtotal—i——————— Railroad $984,300,000.00 1944.to 1946 2Ys% Federal old-age and survivors lnsurance trust fund series, maturing-June 30, 8,214,186,367 w- Railroad retirement account.i.. 2M% Federal old-age and survivors lnsur-; ance trust fund series, maturing June 30, r 34,714.667 IV. Transfers to trust accounts, &c.—Adjusted service certificate fund , 3% qld-age reserve account series, maturing June 30,1942 to 1944 3,345,621 b597,495 —- —— (net)—-Farm Credit Administration.—- -———— Mortgage Corporation (capital stock reduction, Act JQH6 25; 1940) Public Works Administration, 155,555 25,109,019 21,055,547 Subtotal—— III. Revolving funds - Special Issues—Ponds— ;"«■ 82,124,519 172,599,913 91,142,244 14,063,105 111,771,499 01.336,011 Security Agency.h Other.!.....—-i.wu.i--— ' , - A.Yi% adjusted service bonds (Govt, life Ins. fund, series 1946)-Special Issues—Treasury Notes— • v Fed. old-age and survivors insur'ce trust fund: : 863,807,298 839,876,468 United States Maritime Commission . / . , — -.Treasury bills (maturity vajue)---—...——: .j. Federal Works Agency 44,003,225.00 B-1943, maturing Aug^-l*—: "TT- 1943 .Lr.:..:.;; .2;42G,953,600:00 ... 3,219,890,184 4,253,028,919 2,509,408,452 888,711,706 I.... Navy Department.t. 1, 1943 490,596.370 2,995,211.920 Defense aid (lend-lease) ' •" 19,865,401 44,501,699 276,855,629 Selective Service (administrative expenses). ' 3,062,418 129,856,786 40,171,137 Subtotal 1,165,903,100.00 269,561 41,268,810 15.887.206 20,040,213 525,283,445 National defense funds for the President.- ' ' , 1,517.990 654,084,742 278,029,460 .... - II. National defense (g)—War Department... 530,838,700.00 114,447,887 75,259,277 54.242.414 Refunds of taxes and duties Veterans' Administration Federal 41,008,001 ' 105,290,121 Authority... ■: Treasury Department (d)—Interest on the public debt... H% series B-1945, maturing 15, 1945 control and flood Tennessee Valley ' ' • ' $635,064,400.00 Tax series— 16,828,590 6,539 5,366,363 Railroad Retirement Board. 1 $4,831,004,000.00 Sept. 15, 1944 50,228,146 Panama Canal....---.v.. Post Office Department (deficiency)... $426,349,500.00 342,143,300.00 232,375,200.00 629,113,400.00 420,971,500.00 279,473,800.00 65,963,700.00 415,519,000.00 515,210,400.00 283,006,000.00 718,012,200.00 502,866,000.00 15,1942.. 15,1942.. 15,1942.. 15,1943.. 15, 1943.. 15,1943.. 15,1943.. 15,1944.. 15,1944.. 15,1944.. 15,1945.. 15,1946.. National Defense Series— Vx % series D-1944, maturing 481,108,501 218,341 — Interior Department d—Reclamation projects -.-$39,999,922,793.34 - J2,541,723 5,283,242 United StateB Housing Authority.f 63,746.000.00 233,039,900.00 b82 642,300 135,895,824 48,561,505 216,005,734 52,849,327 31,872,417 27,270,431 109,275,000 Public Roads Administration 6,139,697.093.34 6.000,000 53,128,438 251,270.912 ........ : Federal Works Agency—Public Buildiugs Administration — 1%% series A-1942, maturing Mar. 2% series B-1942, maturing Sept. 1&% series C-1942, maturing Dec. 114% series A-1943, maturing June 114% series B-1943, maturing Dec. 1% series C-1943, maturing Sept. %% seriesD-1943, maturing Mar. )i% series A-1944, maturing June 1% Beries B-1944, maturing Mar. 1% series C-1944, maturing Sept. M% series A-1945, maturing Mar. 1% series A-1946, maturing Mar. " ...... Other . r 3,799,438 Other National Youth Administration.... bonds of 1945 Total Dec. ' Social Security Board 2% depositary bonds '3% 15.fii2.922 3,309,041 9,048 730,991 103,5.3,086 Federal Security Agency—Civilian Conservation Corps — b87.063,372 4,855,195 6,245,696 6,000.000 Reconstruction Finance Corporation.f_. ! 207,295,588.00 1,182.751,000.00 173,155,613.09 ........... 3,943,097 11,904.007 Rural Electrification Administration.f 445^279,950.00 ..— 32,537,620 20.483,320 4,478,693 Federal Loan Agency—Federal Housing Adminlstration.f E-1941.——-2————-Y - 960,405,981.25 Series F-1941 b50,098,244 5.597,084 995,566,138.50 — — 393,206,899 1495,136,792 3.405,506 .... District of Columbia (United States share) —802,933,684.00 Series D-1939 ! 1 Forest roads and trails 1 ~ $171,115,629.25 311,031,682.00 403,893,743.50 • 486,268,083.75 Series A-1935——————————— -T Series C-1937 _ ..... Federal Farm Mortgage Corporations f Federal land banks - .... United States Savings bonds: * 386,289,582 345,976,205 rl ,637,446 44,602,796 28,091,519 Administration...s.—..... Farm Tenant Actj.;...................... - : / Agriculture Department d—Agricultural adjustment program.......... Commodity Credit Corporation—Restoration of capital impairment. — --... ' Expenditures— I. General—Departmental (not otherwise classified) — - trust accounts - States j L — —, — — - 144,487,499 222,007,402 06,444,613 235,802,841 j205.800.308 Other funds and accountsChargeable against increment on gold—Melting losses, &c.. Public Works Administration revolving fumd (Act of June 21, 1938) 361,926,501.94 $57,938,123,096.94 sated at cuutU redemption values. Special deposits (net) Subtotal. ———— 1,879 1,566,453 1,812 b24,240,152 b4,313,857 bl7,325,644 1,464,843,153 1,200,829,424 THE COMMERCIAL Number 4035 Volume 155 GOVERNMENT RECEIPTS AND & FINANCIAL CHRONICLE EXPENDITURES—(Concluded) Treasury Cash and Current Liabilities Month of December July 1 to Dec. 31 The cash stood figures Expenditures (Concluded)— Transactions In checking accounts of governmental a"eneies, &o. (net): Sales and redemptions of obligations In market (not): „; c. Guaranteed by the United States: Commodity Credit Corporation. Federal Farm Mortgage Corporation..- V Federal Housing Administrate blOO.OOO V - . / : ■ bl bl 24,020,000 0,550 17,009,884 b'292,850 900,000 27,927,599 ... 0,008 b594,665 Federal Housing Administration. bt ,275,347 bl5,530, 72 15,456,297 b'20,052,870 ... 141.862,090 1,082,374 ............... Administration..rt--—:T. 1,355,135 10,979,407 bt2.13S.301 United States Housing Authority .Other............... 8.473,905 j blO,822.433 154,948 17,074.572,727.53 : 13,609,474.10 ■ Gold reserve........... Note—Reserve 150,039+30.93 a*ainst $346,681,016 of United States notes and SI.159,022 of Treasury notes of 1890 outstaidlng. Treas¬ b4.900.873 bl. 0.093,904 bl 82,876,572.039.00 Reserve System Red 'motion fund—Federal Reserve notes.... „ 31,700 217,089,880 bl ,208,023 822,736,114,832.89 ... Liabill'les— 0,0 8,000 b"28,545,r56 795,903,384 673,.=07 25.514,477 .. ( Gold certificates—Outstanding (outside of Treasury) Gold certificate fund—Board of Gpveruors, Federal b42,3$0 000 b240,432 •... .---.-+822.736 114,832.89 Total 12,099,000 64,2l9.4°9 , Gold (oz. 619,603,280.9) b435,000 6,OF 0 000 21,025 LIABILITIES . 1.203,800 111,957,000 5,000,000 5,080,000 » b3 Home Owners'Loan Corporation...... Reconstruction Finance Corporation, v+Vv/V V 1,290,000 bl4,074 000 9,400 — ...................... (net)—Commodity Credit Corporation. Rural Electrification 245.000 : 715,000 Export-Import Bank of Washington... v b00,100 000 b400 000 AND GOLD Assets— ' Home Owners' Loan Corporation U 10,000.075 - "T 87",000 . Electric Home and Farm Authority Federal home loan banks -• 120.500 2,945,325 ----- , Other transactions b289.458.000 60,700 1,599,250 3,433,775 13,550 ' Federal land banks. b4.899,000 20,000 20,850 337,350 ................. United States Housing Authority «Not guaranteed by the United States: V taken entirely from the daily statements of are CURRENT ASSETS 53,000 ............ Reconstruction Finance Corporation... holdings of the Government as the items 1941, are set out in the following. The 31, the United States Treasury of Dec. 31. .. Home Owners' Loan Corporation i Dec. notes ury of 1890 also are secured ••■'Treasury. +.■'.+ Exchange stabilization fund.. 78,178,339 283,277 by silver dollars in the :'v : f .■•;■ 1.800,000,090.00 102,818,444 , ,483,308 j 0,641,305 799,577,899 bl27,766,50fl 2,204,421,052 822,520.853,071.50 jV 1,073,002,915 Gold In general fund: ■ Balance of Increment resulting from reduction In the weight of the cold dollar....... i. . Subtotal. In Total expendituresExcess of receipts. 732,002,323 Total...... Assets— Excess of receipts (+) or expenditures (—): Federal old-age and survivors insurance trust fund->..-..Railroad retirement account :---— —207,115,325 + 457,4t5 —2,432,008 + 5,624,. 06 Surpl us M arketing A dmlnistratlon...... - Unemployment trust fund- —... Other trust accounts. + 8,500,204 + 7,007,088 —850,408 + 855,8.8 —3,027.584 + 11,288,312 + 7,V5,920 + 1,700,520 —2,184,571 + 8.142,979 —3,0 4, 21 + 28,730,3r7 + 3,039,973 —2,597,i24 + 32,522,470 -28,057,725 4.428 4 S —44,084,750 —754,893,149 Other transactions (net)........ —293,571,410 Silver certl.lcates outstanding Treasury notes of 1890 outstanding -208,a. 7,401 51.960,240,758.46 GENERAL FUND Assets— Subsidiary coin 800,301,000 - 402,883,000 530,838,700 ^ Treasury notes (taxseries) Treasury bonds. .• 1,602,394.450 536,285,064 ry United States savings bonds (Including unclassified sales). Depositary bonds 3,400,444,000 — 530,838,700 2,479,375,900 3,009,897,050 l,9i 3.808.050 63,746,000 82,207.227 1,575,000 - 2,013,124.000 502,800,000 H 341,805,275 —.......— ....... ........ ••,+'/• " ••'■'•-•..., • '+\ • .................I... ••■; . Gold (as above).. .. Silver—At monetary value (as above)...... t':VReceipts— • 1,159,022.00 15,797.218.40 Total. Public Debt Accounts Public issues—Cash—Treasury hills 51,043,234,518.00 ...... Silver In general fund - -328,4 9,007 Treasury notes • • + 190,909.391 —'48,750,231 Total. 484,134,424.00 81,960,240,758.4 6 Lintti Vies— Transactions in checking accounts of governmental agencies, &c. (net):;: Sales and redemptions of obligations In market (net).. 81.476,106.334.40 374,447,718 05)..., Total + 421.337,925 -732,602,323 Silver dollars (oz. + 34,077,079 + 8,044.700 .... ... 1,141.675 993 0) + 10,271.394 - 12,1.8,422 + ir---• Silver (oz. -155,194,033 0 027,778 ' ---- ......... Other funds and accounts —822,736,114.832.89 SILVER Summary i 71,943.120.37 8215.261.161.33 196,909,391 Excess of expenditures. • 143.318,034.90 working balance.. (oz. 2,577,762.5) 5215.261.161.33 15,797,218.46 3,563,521.73 ... - ..... Bullion—At rccf»i.ia"e value (oz. 1,203.7),. At Cost value (oz. 1.352,870,757.2) Mi 680,692,350 lor 1,664.00 600.173,872.09 coin 1,514.632.04 3.607,210.00 United States notes 357.985,449 Federal Reserve notes.. IS, 295,037.50 Federal Reserve bank notes 20 4,107.50 National bank notes Subtotal...... 1,0.5,928.927 11,376,137,COO 4,182.040,499 Adjusted service bonds. 160,150 699,650 1,3!3,950 189,577,100 1,702,800 724,077,900 189,577,100 720,440.700 340,975.50 30,027,457.97 .... Unclassi.ied—Collections, etc Deposits In: Exchanges—Treasury notes. Treasury bonds Federal Reserve banks. Treasurer United States.. To credit of To credit of Subtotal. Special Issues—Adjusted service certificate fund (certificates).. 22,300,000 504,000,000 304.300,000 163,000,000 424,000,000 3+666 1,720,000 05,3 iO.OOO 101,904,000 322,000,000 0,000 000 ...... Foreign service retirement fund (notes) Canal Zone retirement fund (notes).'...... Alaska Railroad retirement fund (notes).......... - Federal i To credit of Treasurer United 2.0,000 175,000 "7", o'o'o",000 14 500,000 Subtotal. 254,484,000 Total public debt receipts. 606,606 3,547,072,589 1,141,912,000 1,203,009,077 18.182,105.88 743,482,000 12,708,326,350 8255,702,716.53 Balance today—Increment on gold (as above) Helrriorare (silver, see note 1) 5,053,877,149 $143,318,031.96 615,081.453. O 2.801,734,026.39 3,560.133,514.66 513.243,000 ..... 394,544,000 '7 441,250 ——1+,500- ....... Treasury notes Treasurynutesttax series):.....".r. _.16,801,800— :+ 7,273.475 Treasury bonds First Liberty bonds •;r ... Fourth Liberty bonds Postal Savings bonds '• 404,310 15,874,250 8,4 9,075 57.334,550 "s",574,450 10.450,140 Adjusted service bonds.; 24,021,900 214,900 968,600 + 208,250 v . 922,400 3,261,753,695 cates lssuod on account of silver 2,721,522,999 Exchanges—Treasury notes. Treasury bonds V 73,000 005,900 11,000.000 45,000,000 08,200,000 69,000,000 ' 20,000,000 12,100,000 10,600,000 11,000,000 ... Civil service retirement fund (notes) These reports are 43,000,000 3,500",600 6,000,000 Y4.266.666 30,000 18,boo 150,000 82.000 23,000 26,000 107,000 Alaska Railroad retirement fund (notes) | ........ 25,000,660 5,963,000 55,000,0CO not agree exactly with statements Issued by • (deduct). assets Deficit (deduct). c 20,000,000 1 • - ' • liabilities for each corporation and agency will include Inter¬ Items, 1. e., the amounts due to and due from other Government corporations and agencies. 31,259,000 35,000,000 may Non-stock (orIncludes non-stock proprietary Interests). agency ..... therefore d The total assets and — Postal Savings System (notes) Government life insurance fund (notes),.... Federal Deposit Insurance Corporation (notes) , revised by the Treasury Department to adjust for oertaln b Excess Interagency 131,000 .. " respective agencies. a 48,850,000 " 700,000 Foreign Service retirement fund (notes) Canal Zone retirement fund (notes) Aug. 9, 1934. disbursing officers and certain agencies today 1,800,000 * nteragency Items and the — ■ •, $5,539,547,525.30. was 1,762,800 750,000 Note 2—The amount to the credit of 726,440,700 500,000 Federal old-age and survivors insurance trust fund (notes), p Railroad retirement account (notts) basis of the average acquired undor the Silver Purchase Act of 1934 and under the President's proclamation dated 157,018 189,577,100 Subtotal. Special Issues—Adjusted service certificate fund (certificates) Unemployment trust fund (certificates) on the November. 1941. 724,677,900 , 559.453,420 weight of this item of silver b illiun D omputed and the monetary value of silver bulll >o revalued and held to secure the sliver certifi¬ 9,044,055 ' 825,380 Subtotal. 1.274,210 188,971,200 National bank notes and Federal Reserve bank notes.. 59,600 101,860 7,111,445 The Note 1—This Item of seigniorage represents the difference botwoen the cost value 1,200,550 . 500 19,414 ! ■ . i + ............ 424,609,914 100 14,288 : ...... Other debt Items. 53,815,836,231.19 ... cost per ounce at the close of the month of 07,892,125 12,969,800 955,350 8,222,200 *+,; Total * 88,064,015 1,498,000 74,050 1,249,150 3.2,250, .2,588,804^000- 92,050 25,342.900 - " 10,204,977 ........ 3,035.115.000, 10,525,650 3,182,600 United States savings bonds... ( 131,021,147.75 . _Certificates of Indebtedness. . - Working balance Expenditures— Public Issues—Cash—Treasury hills.. k 59,309,000.00 25,478,688.02 Postmasters, clerks of courts, disbursing officers, etc Uncollected Items, exchanges, etc.. 2,250,000 187,520.000 6,592,568.40 money... Other deposits. 30,000,000 ....... (notes).. 812.128,206.48 ... Deposits of Government officers—Post Office Department Board of trustees, Postal Savings System—5% reserve, lawful ,000.600 7,450,060 1,450,000 ....... Deposit Insurance Corporation (notes) 2 S3,815,836,231.19 Treasurer's checks outstanding 1,104.000 " ......... 435,547.77 Total ... Federal Savings and Loan Insurance Corporation 400,000.00 361,978.69 States...I Liabilities— 830,000 1,177,000 ...: Postal Savings System (notes) ........... Government 11 te I osurance Tumi (notes) National Service life Insurance fund (notes).,. 84.199,845.05 ... States.-...,.... Philippine treasury: 90,703,000 821,000 ............ ' Treasurer United To credit of other Government officers 43,000,000 217,000,000 . Federal old-age and survivors insurance trust fund (notes). Railroad retirement account (notes) -. Civil service retirement fund (notes).. 59,587,739.19 other Government officers Foreign depositaries: To credit of Unemployment trust fund (certificates)........... 965,713,262.37 1,756,351,000.0!) Special d3posltari3s account of sails of Government securities. National and other bank depositaries: • Excludes unexpended balances of appropriated funds. e ' held for sale, f Also Includes real estate and other property Subtotal.. 27,144,000 89,310,000 Total public debt expenditures. 280,316,000 148,813,000 451,753,914 3,731,046,795 8,976,679,561 2,057,100,451 h Also includes deposits 3,596,776,099 751.855.104 Adjusted for Interagency items and items In transit, ft 2,898,303,170 ... Excess of expendlturea .... with the RFC and accrued Interest thereon, $36,403,210; shares of Federal State building and loan associations, i Shares of .Excess of receipts savings and loan associations, 8138,582,850, +: t. j Also excludes contract Increase ( + )• or decrease (—) In the gross public debt: Public Issues—Treasury bills Certificates of indebtedness - ^ +8.339,000 + 287,118,000 Housing Authority had entered + 341, 329,000 + 24,260,000 —11,500 —441,250 -92,050 —464,350 —16,801,800 + 520,313,050 +288 551,900 —207,950,650 , Treasury notes.... Treasury notes (tax series) + '2,470 956,825 + 334,591,800 _• Bonds + + 2,119,133,338 Other debt Items 64", 56 F 987 + 5,021 551,191 30, 1941, against loan contract commitments amounting to 101,860 —157,018 -x7, 111,445 —9,044,655 contract k Excluded are the the of + 594,669,000 Total. + 2,057,100,451 authorities. securities Issued by local housing £■• Subtotal.. Special Issues.. to $315,119,600 now being financed by^ commitments amounting + 1,462,431,451 — Treasury, following amounts In bonds and notes held by the Secretary which are shown as interagency liabilities: Authority, $56,772,500; U. S. Housing Authority. Tennessee Valley $221,000,000; RFC, $676,795,000, Credit Corporation, $140,000,030. and Commodity liabilities of the Treasury Department and Represents interagency assets and m as $439,192,200. to disburse 8235,787,500 on additional Authority has also agreed Housing loan +1,055,788,124 19,414 —1,274,210 14,288 —825,380 Nov. Into definite contracts calling for maximum advances Advances have been made In the amount of $327,545,000, $754,311,800. of The + 8.H5.083.56! — _ National bank notes and Federal Reserve bank notes of As of Nov. 30, 1941. the United States commitments. • Includes the amouutof $2,413,946.05. representing receipts from "Social Security taxes—Employment taxes" collected prior to July 1, 1940, and which are not avail¬ a able for appropriation to Federal b Excess of credits (deduct). c old-age aud survivors insurance '.'x■ ■■. ■+ i Expenditures activities trust fund. 1.. + Y," ... r 1941 from appropriations for national defence Deluded under "National defense funds for the President," "Depart j This amount Is revised classification which appropriations equal to "Social Security—Employment taxes" deposited aa provided uuder Sec. 201 (a) of the Social Security Act 1933 lees reimbursements to the general fund for admi llstratlve Such net amount Is reflected as net appropriations to the Federal old-age Represents expenses. fiscal year mental," and "Panama Canal," above. Y were on the last ' " : , In made beginning Sept. 30, 1941, on account of the sale and trust fund, k Excess of redemptions (deduct)► • . +■. „ classification expenditures are Included in "Departmental" above. defense," Additional transactions are f Additional transactions are which Included In revolving funds, stated separately below. Included under "Transactions la checking accounts e n ^governmental agencies, &c. (net;" above. ft Additional which have were formerly classified as "Departmental." Includes transactions on account of RFC Corporation, ■ Rubber Federal National Reserve expenditures attributable to nattonal defense, payable from funds regular appropriations or the civil establishment, are Company, Mortgage Defense Mortgage Company, Disaster Loan Association, Plant Metals Corporation, Reserve and Company, Defease Supplies h Expenditures in fiscal year 1941 from appropriations for national defense activl- p I, above. les are Included in "Other" under "Federal Security Agency" la group 1, above. deducted from the capital stack and paid-in surplus of the corre¬ '■ r Includes transactions formerly , , . Includes Metals Reserve Company, Rubber Reserve Company, Defense Plan¬ ning Corporation and Defease Supplies Corporation s Includes capital stock and Defease Homes Corporation, corporations and and paid-in surplus of Government agencies. x „TM Cooperatives, Includes the Inc., figures are and liabilities of assets Figures as of Nov. 30, 194.1, ate not 1941. Figures shown arc as of Oct. 31, available. classified under the caption "Old-age reserve the as of Aug. 31, Federal Land 1941. b anks of Louisville* Represents canital Impairment applicable to fiscal year 1941 but not appropriated .. „ . ....... 1 •' z FDal report not received- Figures represent preliminary report of Corporation. Includes $1,000,000 repayment [ Spokane, ( . paid-in surplus previously held by the Federal Government. y by Congress until July 3, 1941. ....... Includes cash in trust funds. Ky., and Houston,. Texas, which have retired the capital stock and account." group not Includes accrued Interest. t Corporation. general expenditures la supplemented t ncluded under holdings of capital stock and paid la surplus Items Represents interagency p r 1 This amount Is revised on the last day of the month to adjust for changes In which were made begimlng Aug. 30. 1941, in order to include the expenditures of the United States Maritime Commission as "National ^ d Additional n sponding organizations. q of and survivors insurance which agencies are not Deluded la this statement. of Government agencies, which are day of the month to adjust for changes recemption of commodity stamps Issued by the Surplus Marketing Administration. collected and amendments are In ; ' :i of paid-in surplu§ by Federal Land Bank of Wash., in transit to Treasury . * (- <' ' " a J- » i ' - ■ „ o , u- •.. - ,j i. - ; r , v / , I )' •• ■ M I . - ' • THE COMMERCIAL & FINANCIAL CHRONICLE 304 Tuesday, January 20, 1942 General Corporation and Investment RAILROAD Aerco (which Corp.—Earnings- Trust Period Ended Dec. 31,1941— Profit before Company 154, production 1257. p. 1 The for Aetna (Fire) Insurance Co.—Extra Dividend— is, trustees 152, the to 3330. p. filed The the An extra V. 2 paid an extra dividend regular quarterly dividend Jan. on adidtion four suit of 20 cents per of 40 cents per capital stock, par $10, to holders of record Dec. 11. of 20 cents per share was also paid on Jan. 2, last year.— company in on Ky.; corporation at of tion Ohio, in of the be by-laws and may company's stock. outstanding " " " 1 the agreement of proposed and merger basis of the on of new stock shares 20 of .shares old stock common held not the the for 15, distribution final holders to Co. and of the sale (Canada)—Distribution— $149,023 cash in Quebec Power i directors have declared special of amount like dividend of $2 share per 13. paid were in payable per share on the common stock, March 5 to holders of record Feb. tributions quarterly usual on "depositary unless and should until complaint the to transit the into L. in the close to the 15 Co Associated & Traction the company the was $5, par 60 cents Dec. on 23, of this directors have declared last, the has outstanding shares and A chare. The $1 15 cents per share on is to in stock ownership The and also 1940 the of cents of 50 $3.50 totaled District Lexington Tobacco share Feb. of class A March 2, \ were Now Funds 1, 1941, declared 14 stock, common like with Court of the he said,—V. of further from 1938 York New from First $16 paid paid tEarnings per the of sale for certificates trust filing a false decided it let to carry business on ___ again.—V. 5% on of company common 23 Dec. on stock paid holders to of a dividend of record Dec. 50 15. 25 cents per share on March 31 and Oct. 1, 1941, and on Dec. 21, The previous payment was 12 V2 cents on Dec. 23, 1937.—V. 152, p. 1738. Associated Gas Electric & Co.—Trustee Files • 192,440 stock income. Stanley restitution Trust of losses securities holders trustees as those have been suffered by the in these two suits are in the main Associated Gas & ruptcy of Electric Act, securities bined Mr. holders Notes 5% identical Corp., and are which holders of Co. and its sole will both fix claims concerns and in under determine reorganization the the Clark were alleged affected of that the interests of the company's $10,507,064 .... $500,000 general taxes and other expenses year on notes payable .— 1,113,710 502,555 111,000 - ______ wages, — — one income tax____ 193,000 —— V... 496,000 ^ 3,500,000 unsecured preferred stock ■___ 2,630,584 stock ______ _ no par 1,460,214 — __ Total $10,507,064 shares.—V. 154. p. 693. the sale of the securities by the corporation. filing of the suit on Jan. 10 by the trustee followed by one the filing hy. the., trustees of Associated Gas & Electric Corp. Samuel I proved Jan. 13 ants In counsel prevent tion of Rosenman of the New York Supreme Court a $200,000 fees are assets of just to be about deducted. The company suit charged waste and dissipa¬ $750,000. approved —— — $44,499,645 $44,340,914 tRepresented by 600,000 shares tin company's own bonds, at par.—V. 154, p. 1189, deducting depreciation. (no Ale, Inc.—Writ Denied Stockholder "give jurisdiction to this court to regulate the internal affairs" of corporation organized in Delaware. He declared that an injunction not be warranted and that the moving papers were insufficient a including that no the proposed objections, Canada Machinery Corp., Ltd.—50-Cent Common Div. interim dividend of 50 cents par value, to holders of record made on this issue on June 28, last. The December payment brought the total for the year to $1 per share, the maximum amount permissible under the trust deed secur¬ ing the 1st mtge. & collat. trust bonds.—V. 152, p. 1585. on company Dec. paid 20 an on the common stock, no A similar distribution was share 10. Dec. Canada Vinegars, Ltd. Net for for Other $57,048 1,550 25,141 69,003 1,650 22,621 1,732 2,203 457 $40,091 $95,383 $80,160 1,500 __ income * 46,000 55,200 '110,400 110,400 $11,048 106,490 "$15,109 121,599 "$15,017 136,616 "$30,240 166,856 —~ $117,538 $106,490 $121,599 $136,616 sh. on 92,000 stk. (no par) $0,62 $0.44 $1.04 $0.87 Dividends paid ' __ surplus earned surpl. Balance, Previous 1938 $197,632 73,354 $173,890 72,001 1,550 19,927 50,620 taxes charges Net 1939 $135,301 75,650 1,650 fees Directors' Reserve 1940 $186,467 profit ___ depreciation. oper. (& Subs.)—Earnings- 1941 Years Ended Nov. 30— Earned surplus per cap. "Deficit. settlement offer made by a group accounting suit brought by offer 55,900 1,557 600 Consolidated Balance Sheet, ap¬ made by Carroll E. Gray Jr., former director, the estate- of George H, Bunvalso a former director and the The „ an 251,086 1,373,856 2,906,990 Earn, of defend¬ (an investment trust), for recovery of assets reported looted after a sale of control of the company In 1938. With settlements already made with other defend¬ ants, this brings the total recoveray to about $500,000, from which debenture when 8% . - 16, 1942 cumulative convertible Justice 37,183 1,086,936 78,343 236,362 : Burco, Inc.—Settlement Approved by Court— com¬ The day payable, 572,489 -V 55,900 redemption account surplus shs. estates. $10,000,000 <- 3,922,549 —____ ______ "Represented by. 176,641 Associated Gas & Electric Corp. in 1932 debentures, due March 15, 1940. He claimed these rights again were affected by issuance of additional debentures In 1933 by the corporation under the plan for rearrangement of its capital. Mr. Clark alleged that the banks should have taken steps sold $438,581 1,993,658 - within stock 552,390 complaint with the petition. The plaintiff had con¬ additional stock authorization would, among constitute competition with the sale of defense bonds by the Federal Government. Following the decision of Justice McLaughlin, the stockholders ap¬ proved the creation of the new preferred stock. See V. 155, p. 253. 3,837,572 - Bank¬ participation of ' — Earned surplus . direct subsidiary, Associated undergoing reorganization salaries, -I 1,557,500 Prov. for Federal 595,000 37,188 Dominion, provincial and other taxes The _ payable "Common in Gas & Electric (net)___ Instalments due Reserve banks litigation now being tried by Frederick E. Crane, formerly Chief Judge of the New York Court of Appeals, special master appointed by Federal Judge Vincent L. Leibell, before whom both , ___ Accrued company's a involved raised to result of alleged breaches of duties by the indentures covering-various issues. as tinder The questions to claimed 10,500,000 441,526 3,232,401 in Liabilities— Clark, trustee, filed suits in Federal Court, Jan. 10, seeking by Chase National Bank and Public National Bank & Co. (net) a* loan due Feb. 10,500,000 — per Total Accounts — — other (except depreciation fOn 176,641 shares f. ...——.—..J—— Bank $20,086,900 $20,086,900 6,403,905 6,403,905 would Oct. 31, 1941 Miscellaneous assets Against Two Banks—Alleged to Have Violated Trustee¬ ship Under Indentures— to pref. expenses Deferred charges-. Suit 93,500 Court Justice Charles B. McLaughlin on Jan. 9 denied an application by Sol Simons, as a stockholder of Canada Dry Ginger Ale, InCi, for an order restraining the directors of the company from carrying through an amendment to the certificate of incorporation increasing, the authorized stock issue. The Court also denied an application to require the directors to adjourn for 30 days the annual meeting of stockholders scheduled for Jan. 12 and to appoint appraisers to appraise the plaintiff's 372 shares of stock. Justice McLaughlin said the allegations were not sufficient to Assets— Capital assets 1940. 129,599 Supreme $720,543 175,000 220,801 $3.09 _______ amortization), less sundry operating par value common stock. receivable 652,346 545,000 bonds dividends for par), $928,565 ■ — stock-- Inventories with . accrued— interest "After no Accounts on compares w——-— Total Em¬ than 46,766 convertible cumulative common share Cash cents per share This ■■ 1,210,000 payable^—— Preferred 15,583 "Selling, operating and administrative and 147, 1,916,488 138,738 1,100,000 93,500 Earned $881,800 — other accounts and payable on —— Reserves $19,227,061 18,060,870 ' 284,391 - ____ — profit Dividends with Trusteed Funds stock mortgage tended Net . $44,499,645 $44,340,914 stock Preferred had of the - — Accounts 1941 ... ________ notes on - —— Canada Dry Ginger income Interest - _ — 1,201,521 2,299,701 _ ________ Mortgage on Canada Cement Building that operations instalment on — 1,199,604 1,839,954 1,145,265 901,705 Liabilities- quarterly dividend of Provision for Federal income tax_____—— violation — bonds - tCommon 75 cents each on Sept. 3 and March 1 and June 1, 1940. the company was continuing on stated — Total Inc. Foundation, District Southern receivable-.' 1940 $36,980,783 $37,937,856 _ . Preference 155, p. 86. of Profit previous under equipment, etc.— buildings, Total* Opera¬ production in all divisions to meet wartime demands. in the 20 Bendix plants in this country total more Interest 15 issued an order company usual the Earnings for the Year Ended Oct. 31, including sales of leased departments goods sold Depreciation and amortization- Apollo Steel Co.—Pays 50-Cent Dividend— The 1,305,649 investments. Consolidated Balance Sheet, Nov. 30 1941 {Investment payable March 2 to holders of paid each quarter since and Sales, 152, share.—V„ v the 1,004,345 ___ from compared with Bendix Balance Sheet, : 1,004,345 income charges to operation Bond refunding expenses.,— 2859. p. 1,305,649 dividends Accounts Broadway Department Store, Inc.—Earnings- Inc.—Exempted By SEC— Lexington for Foundation in connection has $1,124,512 "Land been has amount as Vincent Dividends Commission $1,475,648 Inventories ■-', -• Corp.—Dividend—Capacity Jan. the A and in act American $1,332,220 'Includes preferred stock, 45,465 and 112,012 common on the preferred stock while accrued class A dividends 1940, and 50 cents each ployees and ment 12,140 $1,631,060 Income Preferred stock, accumulations 1941 share, a on on 6. registration state¬ indicted 40,003 10,880 Net Pay Accumulations Co.—May convertible end $18.75 making false representations in the sale of securities. that the ownership and management of American Trusteed and Lexington Foundation have been completely changed the securities 286.000 40,000 share on the per per Commission on Jan. affiliation management Federal enjoined 395,000 10,720 & fees Government Aviation President the company from the provisions of the Investment Com¬ which would otherwise have made it ineligible to carry on because 1,780,000 10,720 1,824 & income taxes Directors' Prov. Dec. Co.—50-Cent Dividend— American Trusteed Funds business 1,800,000 Dominion for Reserves indirect an ("Wall Street Journal.")—V. 154, p. 179. incl. 1316. dividend a The Securities and Exchange Act, 110,000 - - provincial about 85 buses in the Binghamtonof New York State. Last year net taxes and all other expenses and charges, .— pany 110,000 profits 14,136 shares of $6 cumulative directors per record •Cost exempting 690 110,000 a the At amounted stock, no par value, payable Feb. 2 to holders of record This compares with $1.25 each on Aug. 1 and Nov. 1, 50 cents each on Feb. 1 and May 1, 1941. Distributions on common 2,541 110,000 Assets— cumulative of shares. 4115. p. 1,250,000 74,013 recapitalization program that would take care of accumulated dividends on both the preferred and A shares. Company A 20. 36,625 75,748 1,120 Prov. operates Traction offer will 40,000, The common. 27,300 1,250,000 79,315 $30,000. Cities capacity Jan. 25,300 1,500,000 ___— district after unit, Axton-Fisher of record Dec. 10. This com¬ and Oct. 1, last, 25 cents on April and 25 cents each on April 1, American Thermos Bottle 616,882 89.458 the trustees of the Although officials of the company were not ready to discuss details, it was indicated that plans are being completed whereby the company 1940, July 1 and Oct. 1, 1940.—V. 149, p. 1938 $3,551,996 592,507 23,300 on holders to with 50 cents each on July 1 1941, 1, stock, common pares 1939 $3,978,203 505,488 Deferred 15-Cent Dividend. 22 paid a dividend of Dec. 1940 $5,343,734 Legal expense Proportion of bond re¬ funding expense Electric successful bidder. Traction City-Endicott Bendix on (& Subs.)—Earnings— 1,750,000 Bond American Coach & Body Co.—Pays The an * remuneration Cash a that year paid 442,283 __ — Mortgage interest Depreciation subsidiary of Associated Gas & Electric Corp., which has notes of Shinn & Co., and which in turn controls the Railway & Bus Associates, parent of the operating com¬ Merrill Lynch, share were also made on to the usual semi-annual on Sept. 16 of 151, p. 1137. 1941 profits Executive pany.—V. 155, p. 258. funds Co.—Pays $5,859,362 Ended Nov. 30— $2 of company share.—V. cents per interest Bond in the system except electric all subsidiaries 50 the 1940, in Canada Cement Co., Ltd. Years operating subsidiaries. gas distributions of 50 cents per and Sept. 15, last. In addtion 15 of extra raised the and Corp. of plans States Life Insurance $1— Dec. 20, last, paid an extra dividend of $1 per share stock, par $5, to holders of record Dec, 10. Regular common payments tions— 1 the March authorize the Gas to the Bank of America Francisco. Proceeds will short term notes held by $1,350,000 semi-annual states, Jan. for certain refund to The company on on transaction. with accordance dispose of and units Triple Cities the $276,000 in hearing group given permission by the Federal Power Com¬ note California Western auction in a seller's market, with Federal Leibell acting as auctioneer as three dif¬ an for formal a 3% a Extra Dividend of "Total for the and Savings Association, San outstanding Denver banks.—V. 155, p. 154. them (the do so" by present not instructed issue Trust used be and complaint states, the 1938, to National v 15, to ^ company has been mission "protected debt securities." The bank, the resolution passed by the escrow agents on a the made Cities Triple 1257. p. The as present the certiiicates it held for the benefit on set bid was about was Pierce, Fenner & Beane on Jan. 16 offered after the close of business a block of 1,500 shares of common stock (no par) at a fixed price of 84 net. Dealers discount $2.50.— 154, Nov. control California Electric Power Co.—To Issue Note— named were the resolution, of Traction, shortly — defendants sold 1938 accused group of Los of Asso¬ plan "Recap" the of group income quarterly dis¬ and, in addition, a Dec. 5, 1941.—V. 154, American Chicle Co.—Stock Offered v. to Vincent groups Triple 357. P. been Judge sale Cities year, paid was Canadian individual regular Four last 1933 asked for Includes interest from Nov. 15, 1938. developed Johnson Taking dividend the Green, , headed by Edward Tirrell, automotive engineer for the City of Philadelphia, and George Schreiber, general manager of Triple Quarterly Dividend— the under ... trustee." electric A 13, 1941) at 12 and Shawinigan at 13, the 45.9% of the debentures.—V. 151, p. 538. Aluminium Ltd.—Regular The B. Scarsdale. the matured this corporation to and of Nov. (as represents Benjamin Bowling Robipson, agents. $61,000 to The (Canadian holdings other than those which permitted distribution in kind. distribution York; $302,043. of in of the actual looting remain as de¬ fendants, and the action as against these will be severed for future disposition. According to the statement to the court by Mortimer Hays, counsel for the company, these remaining defendants, how¬ ever, are "linancially irresponsibly."—V. 155, p. 47. another ' in defendant a of Fitch, D. which group, looting. the of Members named as depositary for such "protected/* alleges that among the securities so ex— convertible investment certificates, due payment another of price recently made by Montreal Trust 4 Va% debentures, series A, on the funds), two shares of Quebec Powej Co., and four shares of Shawinigan Water & Power Co. for each $500 of debentures outstanding. American holders had the option of having their cash invested in Qubec Power and Shawinigan or of having their holdings of these stocks liquidated and taking the total distribution in cash. The policy of winding up was to liquidate all of basis as recovery controlling accused 5 Vfe % that on had System was $1,518,500 named Henry and former trust suit of Leo Wiggin, Failey $276,000 at Auction for Bus Company— What District Aldred Investment Corp. that also acted for as Gets 1257. first 1938, escrow ferent A of holders of The $10,881,743 common new 154, p. is the are New was It 100,000 services 15,588 shares of new common, on the basis of six for each 100 shares of old common stock.— purchase of of shares V, breach a UtifWes Corp., formerly a large stockholder, in return Vf the action against them and against Charles Loeb, Ralph P. Buell, former directors; George T. Burr & Co., Inc. The settlement was in behalf of the discontinuance for court MISCELLANEOUS - International & did not justify the bank's failure to present the certificates for redemption and "because of its breach of trust, Public National is not entitled to re¬ tain $302,043 paid in fees and compensation by Agecorp for its wiil company's treasury the in Federal . certificates) exchanged for 23,384 shares of the new common stock plus warrants ; be of Co., Ageco certificates Reliance share for each bank the were some The outstanding 389,700 preferred stock and accumulated dividends. for receive to securities." Nov. , capital stock will be changed from 26,489 stock common of plan Electric & bank Starch, alleges compalint states, the company's shares of author¬ ized first preferred stock of $100 par value and 500,000 shares of ■common stock, without par value, to 400,000 shares of common stock of $3 per share par value. The preferred will be exchanged for new Under authorized in 1938. of calls for amend¬ ratified by a majority proposal to be voted upon at the meeting the to ments ivote Magee, Danie agents" These plan requires the vote of two-thirds of the company's stock for second The trustees Public National failed ratiiication A Gas changed .it will pave the way for dividend payments. The filed 9 defendants complaint that debt the Toledo Vacuum Cleaner Co., agreement of merger with an and wholly-owned subsidiary, and place the company in a position where a Bank National Public 258. p. company's outstanding debentures in exchange for new securities issued by Associated Gas & Electric Corp., called a special meeting of stockholders for to consider a plan of reorganization by adop¬ has Toledo, the and "escrow Reorganization— 10 by Sanford J. The Air-Way Electric Appliance Corp.—To Vote on Plan of The individuals. Angeles, , Jan. on individual ciated Feb. the 155, damages of $10,881,743 against Public National Bank & Trust Co. and The share share against suit recovery Associated Gas & Electric Corp.—Trustees Files Suit Against Bank—Charges Breach of Trust— seven-day 24-hour a on a four individuals.—V. and INSURANCE - B. $158,083 $35,671 1 placed December of see) Co. INDUSTRIAL - 6 Months Month \ taxes in basis.—V. week a PUBLIC UTILITY - News Nov. 30 1941 Assets— tLand, Dominion Accounts of Canada 3% bonds receivable Inventories Goodwill - ______ $1,295,012 19,184 5,000 137,934 357,901 24,001 122,153 393,995 24,001 $1,788,258 $1,850,601 was Total - - —— 1940 $1,244,238 buildings, plant and equipment Cash — - 15,438 Liabilities— '\ , stock ♦Capital .' Western owing of ; in connection with buildings, new $1,322,503 the asset 117,538 30,454 106,490 28,955 for shares 50,000 Vinegars, Ltd.: Balance — to Provision for containers returned 170,051 27,212 returnable——.;— for Reserve 22,500 containers Income taxes 48,000 —; $1,850,601 26 paid a year^end dividend of share on the class ,A and class B stocks, no par value, to record Dec. 16. A similar distribution was made on these July on Dec. Canadian National V Ry.—Earnings— $1.50 per holders of shares 155, on 1941 Ry.—Earnings— the the - 1941 $3,609,000 $3,305,000 wool, ' a as 1130. p. 152,. p, 2386. 'I - - ,7;: 'j The change— Schnadig, price than such notation A mail S. St. from that Income:.. vi v,, . Interest ■ year. defense last over materials range year as cotton, from 5% to 1375. p. Paul Pacific & RR—Court Equity— .. - finding of the ICC and preferred income equity of conditions in added, the stock—is closed further finding changed 1938 $3,600 181,385 $3,941 164,071 $5,743 171,885 $184,985 $168,012 $177,628 63,634 86,080 • already Federal (net) charges . Federal for Prov. and the ■ branch of the this need issue The issue insurance approval Income Net "No provision the Igoe in the Milwaukee the stressed the plan approving connections Jan. 2 to loaded cars during the the on the ICC Commission and preferred common was Road and received value asset net per preference share as compared with $12.80 on Dec. 31, 1940, of Dec. 31, 12, 1941—57,817 cars—— Dec. capital investments, ledger .values, $4,141,117; prepaid and deferred chgs., $2,078; total, $4,162,818. Liabilities—Notes payable to banks, secured, per contra, $450,000; accrued taxes, other than Federal taxes on income, $6,564; convertible preference stock (no par) stated value $10 per share, $2,010,000; com¬ mon stock ($1 par), $915,736; capital surplus, $1,791,882; undistributed net income from dividends-and"Interest, $469,669; treasury stock (606,034 shares at cost), Dr$l,481,034; total, $4,162,818.—V. 153, p. 544. Assets—Cash in ank and on $19,622; hand, the 1941, Charge and the Department of" Justice reported Jan 15 that Central Securities Corp, Edwin H Dickmeyer, its President; Louis F. Conter, former Treasurer of Lake County, Ind., and Edward JL. Reil, a former employee In the County Treasurer's office, were found guilty on pleas of nolo contendere entered to an indictment charging conspiracy to violate the Securities Exchange Act of 1934, in the fraudulent redemption of municipal public improve¬ ment bonds issued by the cities of Gary, Hammond, and East Chicago, Ind. 'WV-.V .7-.. Judge Stone, in U. S. District Court at Fort Wayne, Ind., imposed a fine of $5,000 each upon Central Securities Corp., Dickmeyer and Center. .Reil was fined $200. Suspended. sentences of two years' Im¬ prisonment were also imposed upon Dickmeyer, Conter and Reil, and they were placed on probation for four years. The indictment charged that the defendants entered into an agree¬ ment whereby Conter, as Treasurer of Lak County,.would give prefer-, ence to Central Securities Corp. over all other persons in the redemp¬ tion of the public improvement bonds and coupons issued by the three Indiana cities In return for payment to him of bribes totaling 20% of the aggregate amount of principal and interest received by the corpo¬ ration in the redemption :of such" bonds and coupons. According to the indictment, the agreement provided..that Reil would be appointed as an employee of the County Treasurer's office to maintain close scrutiny and supervision over the Treasurer's accounts kept in the three cities. ' Securities and Exchange company four paid V Period ♦Net End. Commission Street Dec. quarterly dividends of $1.75 with $6 in cash and are the that shares 466,223 of ■ stock capital all 16,457, of as Wertheim says & Co. 1941, 165,500 shares; Wertheim & Co., Thalmann & Co.), New York. of 31, Dec. National Bank, Chase of the Beavan 46,647, and Ladenburg, and and the Charles 53,138; 40,254; Ladenburg, by shares 321,996 follows: as Foundation, company Corp. Maurice Thalmann & 155, pp. 87, 49; V. 154, p. 242. company K. similar A Dec. $72,680 1941—12 Mos.—1940 cents $164,758 made on 28. Dec. 1940. Arrearages as 151, Fund, Inc.—Special Dividend of 5-Cents— on Dec. the paid per paid 24 to stock common company on Dec. in addition to the on were $468,149 >, $82,230 the on share was amounted to $61.25 per share, it was stated.—V. company share on v:;.'-/:;. Delaware The Dec. 29 paid a dividend of $7 per share on account the 7% cum. pref. stock to holders of record Dec. on distribution 1941 15, 3557. p. share 1941—Month—1940 31— depreciation, v •'*. - . says De Havilland Aircraft of Canada, Ltd.—Accum. Div.— vf Ry.—Earnings- income "After r Co., for their own account or for the account of Beavan Corp., reserve the right to purchase and sell such shares as they may deem advisable, The Cincinnati Co.—Sale of Stock Planned— filed of owners (owned - totaling for the year $7, which compares in stock paid in 1940.—V. 151, p. 2185. 5% par) 143,527 Wertheim, 16. on regular of record quarterly Dec. dividend special a to holders stock common dividend of year-end a holders paid 15 dividend of record Dec. 5 cents per 5 cents per 15 cents 17. of of 1. Like in preceding quarters. Dividends paid in 1941 share the same as in 1940.—V. 154, p. 243. per amounts totaled 85 Federal income taxes, etc.—V. 154, p. 1592. Disher Steel Construction Co., Ltd.—Accumulated Div. Cincinnati Central Securities Corp.—Guilty of Conspiracy The The The Jan. 2 paid an extra dividend of $1 per share in regular quarterly dividend of $1.75 per share on the to holders of record Dec. 19. stock, ($1 were of Hayden 258. each, 1941 31, has v.- amounts (11 loading days) 155, During Sheet, * : registered originally with the SEC on April 22, 1940. shares was sold subsequently and 321,996 shares remained unsold on Dec. 31, 1941. The holders of these shares now propose to sell them. —V. Chicago Title & Trust Co.—Pays Extra Dividend— c , — of accumulations and $12.63 - . (11 loading days) —_ 1 to company addition to the v Domestic Subsidiaries] ' stock amendment total A „(11 loading days) 1941. Balance Sept. 30— common company from cars——; The $12.14, June 30, of The shares 14, 1941—51,208 made for Federal taxes on income for the on the sale of-investments, determined for the basis of original cost, exceed net Income 260. p. market. Court Dec. period. indicated The 1941, on 155, with the Securities and Exchange Commission an amendment to its registration statement, disclosing the Intention of holders of 321,996 shares of outstanding capital stock ($5 par) to sell them on the New York Curb Exchange or the over-the-counter and 2 to p. construction or scheduled by the Com¬ contemplate a net increase In the kilowatts In the generating capacity of companies 315,000 Cuban Atlantic Sugar for further action —V. $91,174 57,750 of of profit Company period: 14, 1942—55,496 cars heretofore 1941 • 1940 $472,313 $545,837 1,480,506-. 1,537,435 Earnings per share —' $0.32 $0.35 ♦After depreciation, Federal income and excess profits taxes, &c.— V. 153, p. 1272. '-v-' and of Federal Judge Michael Milwaukee . the under now group years system.—V. ♦Net r; . the point that the Circuit that the projects Shares valueless. are sale of Commission.' Commerce provide program [Including the Milwaukee. 17 $25,000,000 Bonds negotiating for the private is Coty, Inc.—Earnings— case— it." Commerce to would 9 Mos. End. the common and further investigate It is convinced that warrant Interstate be returned Illinois of two The realized on of companies. construction next has been tax. purposes income company additional funds needed for the extenannounced by the company to supply generating capacity to meet the steadily growing demands for electricity from war industries. This program involves an expenditure in excess of $100,000,000 over the years 1942, 1943 and 1944. ? Loadings— 375 $103,419 55,602 "$137,733 52,725 "$156,934 101,150 year losses that reason for for pref. stk. conv. on the first mortgage 35-year 3% bonds to a group The issuance of the bonds is subject to $25,000,000 Proceeds sive fact concerning the value of properties under¬ petition filed Jan. Revenue . the Court, of is reported, it company, an of by Jan. Divs. that announced further not unless earnings agreed with the position of the ICC of • — —— and ■' ":P\ to the absence as evidenced ICC this on bv approved District the securities of The had Dr959 , ' taxes income on 51,108 Cr3,856 , — and forthcoming, Commonwealth Edison Co.—To Sell "is specific, definite stock "that debtor, railroad definite findings of and lying 44,573 Expenses ' — Extraordinary credits & speadily Privately— ' V ' the 1939 -V; $201,507 — anodizing treating, heat the processes reputation be ' opinion the L. Total that recently installed at the new plant, together with for accuracy and precision work which the company has stablished during the first year of its existence, indicate that a substantial increase in backlog without sales effort of any kind will the monwealth . ings, 1940 $4,288 ' '197,219 :: — Dividends announced Brooksbank plating of the" common the of make or Securities Corp.—Annual Report— 41941 point of view of working capital and the expansion program. the Mr. The Lack Court stated follows," value preferred - Illinois • of the current financing, together with the company's credits had placed the company in a favorable financial position facilities, capital stock of the corporation has been approved for., / ; Plan to go to Supreme Court— „ J" listing on the Montreal Stock-"Exchange and was admitted to - the Reorganization of the road was placed Jan. 17 before the U: S. official list at the opening of business Jan. 14. The listing covers Supreme Court in a move to speed up the case, which has been In 148,179 shares of 7% second preferred ^stock ($100 par), and 295,195 the Federal courts since June 29, 1935. additional shares of common stock j(no par) upon official notice of Attorneys for insurance companies and mutual savings banks peti¬ issuance. These shares are to be Issued in connection with the merger tioned the Supreme Court to review an opinion given bv the Circuit of Celluloid Corp. with Celanese Corp. of America.—V. 154, p. 1591. Court of Appeals. This opinion directed that the Milwaukee proceed¬ Central Brooksbank, the company's production In Sept. and approximately $25,000 as compared with an average Kopple, Treasurer of the company, announced that the com- Robert pletion on :;"V% ' ■ President.—V. 154, Circuit court "It the '■■■''P Years Ended Dec. 31— ran month during the preceding year. The company's present backlog Is approximately $350,000 and new orders are being received in substantially increasing volume. New equipment is being added at the company's new plant at Somerville, N. J., and it is anticipated that the company's monthly production of volume will shortly be Increased to approximately $80,000 per month. ,7 Additional j 1941, Oct., on red in although naturally This is especially appeal, last basic increases ■ Milwaukee, value. Ex¬ Corp. of America—Stock on Montreal Celanese Mr. According to of and certain and fully meets the rule which requires finding on values of assets." It explained that the evidence supports this finding of no j*1 ■ low higher Price lines. value of the old Dec. on . of $5,000 per Appeals at Chicago, in a supplementary opinion, has reaffirmed its finding of Dec. 5, last, as to the lack of equity of present preferred and common stockholders in the proposed reorganization. Preferred stockholders had asked clarification of the original opinion. < i t j " 20 paid an extra dividend of 25-cents per share in addition tO: a regular quarterly dividend of 25 cents per share on the common stock, both to holders of record Dec. 4. This made a * tot%l of $1.25 in dividends 'paid in 1941,' as against $1 in 1940.—V. company U. The the in went company customers. "Vr-'v. catalog is the largest Spring Book in the company's history," L. E. this definite a from Rules Stockholders Capital Transit Co.—25-Cent Extra Dividend— .The • etc. Chicago total after 150, v % against $1.50 on April 15 and July 15, 1941, making a for the year of $7 per share, the same as in 1940. Arrearages the above payments were reported to be $37.50 per share.—V. last, •, is "Still Holding Prices Down" to offset On the whole, the overall price structure are made various of million two living. prices metals, said Div.— dividend of $2 per share on account of accumulations on the. 7% cum. pref. stock to holders of record Dec. 24. A similar distribution was made on this issue on Oct. 31, paid Dec. 31 on company acquire •is engaged in negotiations with the Government for the production certain confidential and important aircraft parts.—V. 155, p. 87. company evidences items "This Canadian Tube & Steel Products, Ltd.—Accum. The of many in 26% ' V Catalog the cost book of true 1942 • - 188. 155, p. the issue was to supply additional working capital additional machine tool facilities to handle the ex- of purpose to panding volume of business. Approximately $50,000 worth of machinery ' has been added by the company to its facilities during the past year. '* was than more states rising good a Spring to cover the ~ , new 15 Jan. r;.::-■:.--y.p.y ; Potomac Telephone Co. of Va.—Plans , $4,795,000 Week Ended Jan. 14— —V. long as shares are available. following the termination of the authorized by the State Corporation Com¬ mission of Virginia on Jan. 2 to borrow up to $16,000,000 from Ameri¬ can Telephone & Telegraph Co., for needed additions and improve¬ ments in 1942.. i '' "... ; The Commission also empowered the company to Issue $10,000,000 in common stock consisting of 100,000 shares ($100 par), the proceeds of which will be used for the payment and discharge of $10,000,000 in outstanding demand notes held by the A. T. & T. as of Jan. 1.—V. 152, pp. 2545, 3017. •' 7" ' .\ of Gross earnings be will $16,000,000 of Virginia Company The and Orders others or so least Borrow The 1942 Canadian Pacific < received. is , $5,314,000 - 187.pppP'i p. order Chicago Mail Order—Spring Catalogs Ready— 1 Week Ended Jan. 14— Gross revenues —1 —v. the stockholders . and- Oct. 31, last, as compared with $1.75 on April 30, 1941, April 30, July 31, Oct. 31 and Dec. 20, 1940.—V. 154, p. 581. 31 and of the Chesapeake & to of $1.50— Canadian Industries, Ltd.—Year-End Div. on time six months public Fund will not issue any additional shares, with the during such period there will be available for sale only such shares as may be repurchased by the Fund in the ordinary course.—V. 154, p. 1629. "Represented by 92,000 no par shares, f After deducting depreciation of $739,163 in 1941 and $668, 456 in 1940;—V. 152, p. 421; /.-•»;< company the account that result 20,000 $1,788,258 — Total The at the 22,500 for customers for in orders received at For offering 125,000 10,000 184,561 30,592 payable Accounts effect in whether confirmed construction etc;-,.— Bank loan Liabilities value '^$1,322,503 . 305 In all cases the Fund will receive purchases of 25,000 shares or more. \ . —— surplus Earned THE COMMERCIAL & FINANCIAL CHRONICLE Number 4035 Volume 155 Suburban Bell & Telephone Co.—Gain in Phones— The number stations of in operation by this company as of Dec. totaled 213.284, a gain of 1,209 over the end of the preceding month and 14.401 over the 189,883 telephones operated in Dec., 1941. 31, 1941, —V. 154, Company The p. of no value, par was the one of issue on this cents 50 of holders to made on and on Dec. May dividend a 2. of $1.50 per share on cumul. red. pref. stock, class A $1.50 record 24, Dec. similar 18.. A 1940, one of $1 1938. distribution Dec. 28, 1939, of Nov. 1, 1941, 153, p. 393. Arrearages amount to $10.50 per share.-r-V. said to were 652. : paid 24 Dec. on accumulations on account on as , Central States Power & Light Corp.—Hearing on Dis¬ solution— A hearing p ■ be will the on held Feb. 3 before the Securities and Exchange proposed liquidation of the corporation and the States Utilities Corp. Central A plan looking toward dissolution of the companies was filed with the Commission recently.—V. 155, p. 87. Chemical Fund, Inc.—Stock Offered— The company, a mutual investment specializing in chemical shares, type company on Jan. of the management 16 announced a special offering of 263,000 shares of capital stock to be made simultaneously to stockholders of the Fund and to the general public. An amende its to mertt SEC has Investment a 54 effective. distribution of companies of $9.62. price The of statement covering the issue filed with the The offering represents an innovation in heretofore used by Chemical Fund and generally. The shares are offered initially at registration become method the offering of investment these dealers shares has throughout been the underwritten country. by Under a the group plan Eberstadt & Co., Inc., distributor of the Fund and manager of the underwriting group, the offering to the general public will be made fcr a period of 60 days at the retail offering price in effect at the time orders are received. During the first 30 days of announced this 4% F. stockholders will be given the special privilege of pur¬ to a limit of one new share for each share held, discounts from the general retail offering price, ranging from period chasing at by on shares up purchases of less than 1,000 shares to a discount of 6.75% on- Settle¬ application in its proceedings for corporate the U. S. District Court for the Northern Division, for an order authorizing it to accept the offer of the George and Frances Ball Foundation of $550,000 in full settlement of the claims of the company against George and Frances Ball Foundation, G. A. Ball, Frank B. Bernard, Midamerica Corp., and the past and present officers, directors, agents and employees of George and Frances Ball Foundation, growing out of the purchase by Midamerica Corp. of certain securities pledged by Cleveland Terminals Building Co. with J. P. Morgan & Co. and sold at public auction to Midamerica Corp. on Sept. 30, 1935, together with an assignment of the rights of subsidiary debtor in said securities to George and Frances Ball Foundation. A hearing on the application will be held before Paul Jones, Judge of the U. S. District Court on filed has Company an reorganization, pending in of Ohio, Eastern Jan. 28.—V. 152, Columbia Stock p. 3803. Products, Aircraft Inc. — Distribution of Completed— Securities and Exchange Act and was the first offering filed under the new rules issued by the SEC last year. Despite adverse market conditions caused by a declining market and declaration of the present Japanese War, the present underwriters, Floyd D. Cerf-CO. of Chicago, took over the distribution of the securi¬ ties on Oct. 23, 1941, and disposed of 43,220 shares remaining unsold' that date prior to Dec. Columbia was aircraft parts and accessories for bv Arthur V/. Brooksbank, Sr., the aircraft industry. formerly treasurer It was headed and production planner for Pratt & Whitney, who was assisted by a board consisting of Edwin H. Godfrey, formerly Engineer in of directors charge of design at Pratt & Whitney Aircraft; John R. Cox, formerly in charge of tool room and production work for du Pont, Pratt & Whitney and Ranger Engineering; John J. Borrup, general superintendent and factory manager of Pratt & Whitney Engine Co. The company started with a small plant at Dunellen, N. J., con¬ sisting of approximately 16.000 sq. ft., but its phenomenal rise during the past vear resulted in the transference of its facilities to a new plant at Somerville, N. J., containing approximately 36,000 sq. ft. to and numbers among its principal Aeronautical Corp., Bendix Aviation Corp., Air Associates, Glenn L. Martin Co., Curtiss-Wright Propeller, Eclipse Aviation^ Sperry Gyroscope, etc.' " ■< 1 * " • k ' u Columbia customers is subcontractor Wright and on making a total of $1 paid in 1941, the same as In last, 29, Sept. 149. 154, p. 1940.—V. Goods Ely & Walker Dry Years Ended Nov. 30— "Sales —— and adm. expenses— depreciation. Contribut. to employees for Prov. retirement 5,328 46,963 13,230 17,065 7~5~028 27837 21~827 $2,206,254 $782,821 Fed. reouir. State _—— §$211,747 Cr385,880 129,074 136,654 13,833 $1,004,810 $653,747 $790 043 $160,299 102,529 102,529 102 529 102.529 84.090 85 683 86 673 86,796 364,069 386,654 131.191 264,422 H$293,448 $454,123 $78,881 $469 650 4,965,437 4,886,556 4,416,906 4,710,353 $5,419,560 $4,965,437 $4,886,556 $4,416,906 surplus. .Previous surplus surp. $926,697 ' 1,201,444 profit pref. dividends— pref. dividendsCommon dividends- com. ——— & taxes Net ... Nov. 30. stock out¬ 217.782 251.035 261 389 263,765 $3.75 $1.85 $2.30 Nil and allowances. tAnd land development charged off. ^Agricultural Adjustment Act tax refund and in¬ thereon. §Loss. ^Deficit. - standing per "Less costs v exGess Second terest 66,125 53,944 First Earn, 78,599 63,050 69,345 —— longer no for Shares 45,632 42,581 14,960 & income Earn. 47716 §$391,529 ' 64.389 income Net 37,851 $744,214 $2,013,155 — refunds and res. 132,394 42,742 „— sub. from income Total 28,083,690 145,163 2~8~826 JRefund Tax 29,780 639 136,667 $590,537 cos., Other 30,359.358 57,328 non-consol. Recov. on assets in exc. of reserves provided. affil. Subs.)—Earnings— 120.303 expense income rec. (& 225,746 paid— Gross Divs. 39,454.862 148,984 plan remodel, tStore Co. 1940 Wr 1939 1938 1941 $42,020,378 $31,115,387 $30,701,868 $27,865,271 sell., gen. Cost of mdse., Prov. 31, 1941. organized in November, 1940. to manufacture precision Corp.—25-Cent Dividend— Dec. 29 paid a dividend of 25 cents per share the outstanding 120,000 shs. of common stock, no par value, to holders of record Dec. 22. A similar distribution was made on May 15, June 26 corporation Interest received company exemption provisions of the at Economy Grocery Stores Interest on'Jan. 18 announced the completion of its primary financing through the public distribution of 60,000 shares of common capital stock ($1 par) at $1.65 per share. • The issue was an unregistered distribution offered pursuant to the the ~ on District The •: Co.—Hearing The . . Commission Cleveland Terminals Building ment— (par share $25).. com. discounts, returns Detroit Consolidated Balance Sheet, Nov. 30 1 . Assets— $1,264,818 $1,323,840 239,512 Land and Loans ... trade tor 47,573 48.387 65,409 233,752 30,731 73,913 54,875 65,597 216,335 11,774,826 8,459,884 8,312,659 >6,187,460 9,110 1,332,787 to ; costs employees Insurance ... deposits—.— life insurance—*...— Corporation Inventories to receivable...-.—^....—*/ notes — •••■■" " >;./ ■ ■ Capital ■ Earned 5,419,560 •. , in .. stock at Such total a which market up to Dec. 31, last, 19,700 shares of $5 preferred open and under an authorization obtained from Commission as of Sept. 2, 1941, under up to $5,000,000 for such purposes was Exchange of of ture an (Texas)—To Export Power— v\ asked the Federal Power Commission for authority to kilowatt hours of power monthly to city of Juarez, emergency service. The company stated it could supply without impairment of service to its own or other U. 3. W;/-" v> ; •.•••• /.' 300,000 the for power customers.. The down December in generating of of units V. of one p. distributing local 262. 155, has been occasioned by the break¬ the three German-manufactured diesel in Juarez emergency power the ' company, the company ' ;:„••/;■■■•; stock, common 27 paid Dec. on $5, par to stated.— was holders 10 cents per share on record Dec. 18, This com¬ of with 25 cents each on July 1 and Oct. 1, last, 20 cents on April 1, 1941, 35 cents on Oct. 1 and Dec. 24, 1940, and 15 cents each on April 1 and July 1, 1940. Dividends in 1941 totaled 80 cents, as against $1 in 1940. '/"//:>://;;////■• The company's sales volume for the first ten months of 1941 was about $7,500,000, as compared with approximately $4,500,000 lor the same period in 1940 The reduction in the dividend, the company states, is "not due to a drop in earnings or any slowing up in business but rather to a large increase in (business) volume requiring greater inventories and to tremendous increases in taxes to be paid in 1942." pares —V, 153, 548. p. Felician (The) Sisters, O.S.F. of Detroit—Bonds Of- : & Co., West Bend, Wis. recently of¬ int., $300,000 1st Ref. Mtge. Sinking fered—B. C. Ziegler fered 101 at and Fund Bonds, Series A. The bonds bear interest at rate per annum from Dec. 1, 1941, to and including interest due Jan. 1, 1952 and 3x/2% per annum thereafter until until maturity. : ;; of 3% J. & Dec. at J. due July 1, 1941; office and trustee 1, of Aniline General of Three Month. at option or of the holder at office or $160,497 $111,536* 656,239 674,708 $799,719 $816,718 $835,205 : *820 t52,611 149,117. t86,489 117,420 129,850 144,470 $646,686 $656,239 $674,708 646,686 -■ v?- .debits or. credits** ■ . J794.131 $905,667 * cancelled treas. of 39,681 agency corporation at Detroit, Mica., or Milwaukee, Wis. Both principal interest payable in law.ul money of the U. S. of America. Defini¬ tive bonds in coupon form in denominations of $100, $500, $1,000, $5,000 and $10,000, registerable as to principal and inter-changable of issue, since cents made and on incl. June cents 25 of 20, July 30, $652,908 , tAdjusted. ' v ' \ 151,, f':" ■ 31**, '•■Credit./ tDebit. 1940/ .1938.—V. income oper.« Dec, at - per1 107,950' paid__**^_—;' Undistr. Vy • Balance Assets— -7;;^ ,,7 ; Sheet,. Dec. v.>:• 31 1940 •1941 ■, $12,304 4,4461464- _i__ 4,817,701 Film & Named in %..',/•',••* S. 1263. p. Corp.—Five Liabilities— Federal Last. sudden a move, 13, Jan. order the communicating consent of with the company suspended had agents Treasury any men officials ordered without ;,: . been in virtual : A The An N. hamton, /•A Y. . fiscal income and excess ) , profits tax reserves of $221,000. Net profits of the after tax reserves of $2,111,000, orders Unfilled 'of. as Nov. amounted 1941 30, approximately to and shipments are continuing, to. be made at the average a month. C. Russell Feldmann, President, declared,—V. $12,000,000, of $1,000,000 154: "are 432. p. ' ' ' ' ' , International Utilities Corp.—Ruling— / restraint charging Intertype Corp.—To Pay 25-Cent Dividend— The office."—V. 154, p. directors the on pleaded innocent along with ■/•,• /./•'. */ The indictments were made during a series of executive changes that the new company President, John E. Mack, a personal friend of President Roosevelt, called "a step forward in the Americanization" of General Aniline. Mack became President last autumn, succeeding Dietrich A. Schmitz. :/-/ These changes included replacement of various German-born direc¬ tors with well-known Americans including Mack, William C. Bullitt, former U. S. Ambassador to France; Ralph Budd, President of the Chicago, Burlington & Quincy Rlt., and Robert L. Stevens, New York fin°ncier and son-in-law of Brig. Gen. and Mrs. Cornelius Vanderbilt. The former directors had resigned, one by one, some .by request. ... / Company President Mack pointed out that the Federal charges dealt "with conditions that existed before the present management, was in¬ heavy chemicals and dyestuffs. They General Aniline and General Dyestuffs. of into compares June 14, 154, i with 656..— p.. ■ Nov. on ■*.—r End. 1728. Robert Foods Corp.—Director Resigns— of Stevens T. Mr. director. J. $391,922 $4,596,416 $4,386,319 166,777 167,042 ! 1,"*68,932 1,8">7.274 -30,875. ..15,000 45,990 46,929 281,125 540.248 480,000 125,750 553,328 436,000 on V. of Jan. $1,318,111 $1,373,946 taxes for Prov, & Co.,-Inc.7 has resigned as-a active duty with the Army Quarter¬ 155, p. 88. / ;: ; Net retirements*^ 40,000 - __*i_ income 40,000 . - $122,951 $124,269 earnings. oper. Other "1941—12 Mos.—'»1940 $407,912 and maint;— exp Other Stevens P. went Stevens master Corps as Del.—Earnings— 1941—Month—*1940 30— Nov. earnings— oper. ,'Oper. r . - Iowa Southern Utilities Co. of Peribd Gross on 15, per share of common stock, as of Dec. 31. 1941. with adjusted to market prices, wa6 $16.24 as compared 30, 1941, and $18.59 on Dec. 31, 1940.—V. 154, owned $17.47 Nov. 10, last, 40 cents 1940, and 20 cents on July of America—Asset Value— Co. asset value Net securities 16 on f 797. Investment ■ on dividend of 25 cents per share to holders of record Feb. 2. a Feb. paid Dec. 16, 60, cents cents p. declared payable stock, with last, .30 1940.—V. 13 Jan. on common This 4State -& Fed* inc* -taxes- General 157. quoted ex-dividend of 87 Va cents until further notice.—V. 155, p. I. G. Farbenindustrie, in three Federal of trade and "restraint of manufacture the German and Corp., indictments the New York Curb Exchange $3.50 Series of 1931 shall not be prior preferred stock that the rules not are Committee on Security Rulings of The officials and employees are to be advised immediately to communicate with any of these individuals directly or indirectly without my prior written aproval." 4 Vom Rath, Von Meister and Aickelin were among seven individuals named Dec. 19 with General Aniline, its selling agent. General Dyecompany they ducted $97,011 to $1,013,958. to amounted official quoted the Treasury order signed by J. Connell, as saying: "Effective - immediately" the per-» to be suspended from General Aniiine & Film Corp. barred from all company premises until further notice. stuffs amounted year, representative named "All new y of the com¬ after allowing Federal earnings corporation for eleven months of 1941, company Treasury that a another payment of 40 cents on Nov/ 1, 1941, for November, 1941, the/.first month by Net . pany's •' >. ■ . $4,832,438 in ($4,855,881 Corp.—Dividend—Earns; Tool Machine recently declared directors lowed last December, the blow struck without without immediate explanation. ■ The men suspended were Rudolph Hutz, a director; Hans Aickeliri, a Vice-President and former director; William H., Vom Rath, Vice-Presi¬ dent and lormer Secretary and director; F. W. Von Meister, plant manager at Johnson City, N. Y., and Leopold Eckler, Assistant VicePresident and plant manager of the Agfa-Ansco Division at Bing-/ warning, an executive said, and cost '$4,472,667 at dividend of 40 cents per share on common stock, par $1, payable Feb. 1 to holders of record .'an. 15.. initial of like amount was paid on Aug. 1, last, which was fol¬ the c control of the com¬ early since $4,473,705 stocks International ■ employees prior written or representative. Treasury a forbade 646.686 Dr8,705. Drl37,435 1940) less un¬ realized depreciation of $26,204 ($38,179 in 1940); balance (as above), $4,446,464 ($4,817,701 in 1940)V, 154, p. 1414: . addition, from $571,800 3,622,657 652,908 Total ♦Insurance in ' ;incowe--------------:- Treasury' : Treasury Department 527,400 3,418,132 : $1) '(par Capital surplusUndistributed operating Executives Indictments , stock Common $12,700 v brokers to Due v?*V , $4,832,438 $4,473,705 Company—U. S. Treasury Issues Order- Group ... U. The 154, , $14,737 V 14,937 brokers .from »Investments suspended from office and barred from company premises five execu¬ tives of the corporation, long under investigation for possible German influences. ■/'.<•'•'' •• ■/•"' ..V 1954. National First registrar, Principal and interest payable Bank, West Bend, Wis., corporate 50 was and improvement.—V. expansion . Dated $160,479 $153 033 balance Dividends corporation reports borrowing of an additional $1,000,000 from banks, and the issuance of 2Va% serial notes as evidence of the loan. This brings the total amount borrowed under a credit agreement dated Oct. 28, 1940, up to $5,000,000. Proceeds were used for plant; and Dividend—Sales dividend of a 1,675: _—T___ income Port, Gay lord Container Corp.—Additional Loan— sons Fedders Mfg. Co., Inc.—Pays Smaller The it 161" r ~ 6~211 4~235 5,559 t Although Company has Mexico, Inc., in , distributions quarterly this on payment pany's operations export 19,246 .' • The 155, p. 50. Electric Co. Paso El Regular made been previous In recently went to the SEC for approval of the expendi¬ additional $5,000,000 for open market purchases of its company preferred shares.—V. against $1 as 1938 $132,618 20,605 five sanctioned. The 1941, " 1939 $185,357 22,310 tapces cap. •V. Total preceding three 1940 $189,000 Thi3 12. Due > . . paid- in V • the Net Previous cents per 75 Dec. 103. p. Barred From made were and expenditure an the $4,426,123. of cost purchases Securities the in purchased of $6 preferred stock shares 31. Dec.- have share The , company $1.50 1432. in each cents total of a p. record company record of Electric Bond & Share Co.—Stock Purchases— The 53,700 25 of holders to & Franchise recently declared an extra dividend of 25 cents per. share and the regular quarterly dividend of 25 cents per share on the common stock, no par value, both payable Jan.. 20 to holders' $23,704,634 $18,456,818 reserve for clo.btful deots of $357,175 in 1941 and $248,946 tPar $100. fPar $25 —V. 154, p. 1727. ; t 1940. 152, of dividend of year-end a J'*... — Interest; ' Foundation Co. of Canada, Ltd.-^-Extra Dividend— . - ♦After dividends to ' jL'nl,'-- * earned Expenses / Corp.—Dividend Increased— stock 1941 $179,393 20,802 Calendar Years— Dividends be i ' paid 19 common and makes V. Steel Dec, par 262. p. Insuranshares Certificates Inc.—Annual Report- y - stock. 4,965,437 _____*__*: surplus be operated as part, part of the River - Tuesday, January 20, 1942 v ■ ' Total important . 262,673* 82,061. 153,172 60,458 1,320,142 155, on no with See 1940. The surplus-'1,393,604 '' the quarters, 1,404,400 6,275,875; 1,415,000 1,052,899 — company on compares $1,464,700 5,444,550 Notes payable ...i—w..-.._*.**.**_*..5,150,000 Accounts payable 1,790,299 Due ofticers and employees —, 642,688 Accrued taxes 119,196 Provision tor income, e<,c., taxes—i..*_—... 724,357 Other current and- accrued liabilities-;^-,..-.156,381 will project an education unit, scheduled for completion next May, will the Ford airplane bomber school. It will be open' only Fostoria Pressed /;W;/ ; .•• stock.—$1,464,700 1,399,300 preferred 7% fcieconu preferred 6% stocki.ti4V-.«--i;-^*-+^, icommon stock .......—.—, as The 9,528 now . employees.—V. share $23,704,634 $18,456,818 ..n—. Liabilities— t First — — Total ' —...i..—.. employees ... .— . — and Accounts Advances Cash — new known Ford training new system, 1,342,367 purposes... development The school Ford plant. The ——,— estate Loans dispatch.- the Rouge 332,142 —135,946 Investments Real of 1940 1941 • """Lands, buildings, machinery and equipment—.. * CHRONICLE THE COMMERCIAL & FINANCIAL 306 33,901 36,416 $126,081 3,071 / $1,352,012 $1,410,363 / 3,130 / and denomination. to as Marshall & cipal West Bend, Wis., co-trustee. Bank, Milwaukee, Wis., and Detroit Trust Co.* designated paying agents for the payment of prin- are and interest. .: - r Sinking fund requires $10,000 semi-annually July 1, 1942, to July 1, 1944; $11,000 semi-annually thereafter to and including Jan. 1, 1947; tnereafter to July 1, $12,000 and At the option of 1949; to July thereafter $14,000 $13,000 thereafter 1,-1954 1, Jan. not upon less - of Purpose—Net proceeds funds of the standing corporation, corporation dated Nov. tion of no Jan. 1, 15 days' this issue of bonds, together with other will be used to pay and retire the out¬ bonds of the wh.ch bonds were called for redemp¬ 1, 1937, 1942. real of founded later the that —V. Polonia, 1877 scnools 1883 In Detroit.. in for Prov^.c ai the a grew a that in 1910 the Chicago, fixed in selected the 1920, a work of the Detroit Province as the Milwaukee new seat for a Province province was new was in at 10 novices, 11 These sisters teach in 42 parochial schools, and own and conduct an orphanage for girls at Detroit and St. Joseph's Orphanage for boys at Jackson, Mich. The Jackson property is unencumbered and is not mortgaged to secure these bonds. The sisters own and conduct Felician Academy for girls in Detroit with a total enrollment of 165 including both preparatives and lay students. tion company i. pares V. stock, with 151, p. Inc.—Pays $1 Dividend on no Dec. 22 paid a dividend of $1 per share on the value, to holders of record Dec. 17. This com- paid on Nov. Ford Motor Co., Company workers for has jobs 15, 1940. In 1939, sales as 155, record Dec. 19./ A preceding quarters. a 154, p. ^ made on this issue in 1941, were reported to be was 30, Illinois Central RR.—System $1 was Carloadings— 39,,901 157. p. ' • • : Company ' . Jan. 3,'42 Jan. Jan. on Indian 15 special V 11,'41 , ' „ ' \ ;■ Deliveries amounted will to follow, the 5,500 Order the Government had ordered motorcycles for defense aid with a cost of approximately $6 296 000/ completion of a present contract which, announced light t*x if, of purposes the to recapitalisation company's the .sale of as 1, Aug. 1938) 1941 of the securities of Albia Light credit items have baen; credited to the in corresponding discount premium and expense and con-, *. / ' respectively.rj-V. 155, p. 263. : reserve, has asked permission of the SEC to borrow $1,200,000 company Commerce Trust Co,, Kansas City, Mo. The company will use the. proceeds, together with $1,066 000 of its own cash, to redeem $2 266 000 of 6% first mortgage gold bonds, series A, due Feb. 1, 1942. —V. 151, p. 3399. ' Kennedy's, Inc.—December Sales Up 22%— / Period End. that army °t motorcycles of the same 1941—Month—1940 31— Dec. >$1,562,490 155, so. p. t ;f 1941—11 Mos.-r-1940 $1,283,700 $8,482,743 , Leath & Co.—20-Cent Year-End Dividend— The company share 40 the on Dec. 29 paid a year-end dividend of 20 cents per stock, no par value, to holders of record Dec. 22. on 10 cents paid on April L July 1 and Get. 1, last, 20 cents on Dec. 28, 1939 and 50 cents on Dec. 28, 1940, Dec. on ^ common compares, with 22, 1937 and cents each " $6,893,284 •"•/ : on Dec. 21, 1936—V. 152, p. 988. 34,718 35,688 Co.—Receives Large Defense; parts to cover maintenance income (or. taxes, periods / from ■ I Indian Motocycle for amount income those Stock Dividend— Jan. 10,'42 loaded 155, benefit for / 20 paid a 50% Week Ended— Car income the Kansas City Gas Co.—To Redeem $2,266,000 Bonds— This —V. of The gales stock dividend and the regular quarterly cash dividend of 30 cents per share on the common stock, par $10, to holders of record Dec. 5.—V. 151, p. 105. • Federal discount, call premium, etc.,.applicable to bonds, and lb) the loss, (appropriately provided for prior 1940. incident Co. The , 54. Humphreys Mfg. Co.—Pays 50% Dec. in date tingency —v. The company on the had on charges the. estimated and " ./• dividend of 75 cents per share on cum. pref. stock, to holders of distribution similar payable State $500,448 in lieu of ;v deduction, of the Rv, not represent of $531,436 1 tThe purposes.. taxes amount) been had $57,091 6% the on Arrears rs of Sept. $41.25 per share.—V. design.—V. 154, p. 1414. (Francis H.) Leggett Co., N. Y.—Acquisition— This Reeves has & Co., announced hodse sale all of V. / manufacturers and distributors of Premier Food negotiations for the acauisition of Muschert, Inc., Trenton, N. J., Francis L. Whitmarsh, President, company, Products, its 135, p. on completed Jan. has 15. joined accounts The entire sales force of the acquired whole¬ the Leggett organization and, effective Jan. were serviced from Leggett's Camden 4225. 19, branch —» . paid.— Insurance Co. Detroit—Building School— started construction of a $500,000 school to train in the Willofr Run bomber plant, according to a paid 29 accumulations , 13,365 unamortized ,balance of debt equipment rubber-lined '/■ ! company's : ' ' ; the Co.—Accumulated Dividend— Dec. company on of of 263. p. -» $60,055 income have company & Hoover $513,813 • for;; comparative the to wae manager Guilford Realty The account R. this company, department.—V. snare par 50 cents 2644. of • -• ______**_ would refunded ■ $531,436 / and Federal (a) 'iy'f'*"•;• 431. $57,091 -V-i', V. oon--1 additional the as Manager of the synthetic sales announced on Jan. 16 by V. I. Montenyohl, Vice-President in charge of the division. • Herman C. Klein has been named to fill Mr, Hoover's former posi- - 13,105 The p. and which At the present postulants, and 29 preparatives. schools, of which 12 are high common 154, Appointment of John province. erected established of the Felician Sisters is primarily teaching in parochial schools and the care of orphans. time the Detroit Province has 615 professed sisters, Ford Hotels, value.—V. par division following cities: Bay City, Mich.; Chicago, 111.; and Shamokin, was transferred from Polonia to Pa. Coraopolis, The was Motherhouse of /; ♦Restated the (B. F.) Goodrich Co.—New Appointments— so Again, of meeting realized Convent was Milwaukee new 111. special 112,921 charges^5'; special income estimated to the Later other State at year province new •'■/ Pension Fund—May 150,066 150,877 / $60,055 charges expvvin stockholders will be held on Jan. 26 to consider and act on a savings and profit sharing pension fund for employees and on an amendment to the articles of incorporation whe-eby the common stock would be changed from no-par value to A In with Province rapidly that it, too, was subdivided in 1913 and established in Lodi, N. J. From this was formed province at Enfield, Conn., in 1934. In the meantime the mem¬ bership of the Detroit Province had increased in such rapid strides it However, $31,250 ' Section with Plan of Recapitalisation, and * 5'- ' -/•' 189. Goldblatt Bros., Inc.—To Vote on Otis, Ind.; Buffalo, N, Y.; Y. N. headquarters in the Diocese of Green Bay. LaSalle. 111.; then from 1878 States Wis., Polonia 19C0 marked the formation of a new province in About 150 sisters made up this province at that time. The Buffalo, Point, opened were the 1882 United left Sisters Detroit, Mich.; Pa. tne Stevens near 155, p. 633,562 150.000 13,182 debt for legal fees ...;v •othey' Change Par Value of Common Shares— Felician Sisters of the Order of St. Francis was Warsaw, Poland, in 1855. The Motherhouse some years in Krakow, Poland, and it was from that location first Felician Sisters came to United States in 1874. They three special $23,250 510,700 12,500 11,477 43,308 > before Net Net located established then income • 1941 (estimated) Operating -revenues in was 65 deducts. Prov. History—The r last, 1, fixed and estate Oct. & other 43,308 12,500 bonds: other fund, Amort. this issue on April 1, July 1 Dec. 28, 1940. 35 cents on Oct. 1, 1940 and July 1, 1940.—V. 152, p. 1917. $127,340 earnings*.* mtge. on Int. on cents per share paid on 75 net Interest par Georgia & Florida RR.- property and equipment included in the lien of the indenture amounts to $1,941,571. valuation Total with Common Dividend— Dec. 24 paid a dividend of $1 per share on the value, to holders of record Dec. 12. This com¬ on no Week Ended Jan. 7— than first refunding mortgage serial and iV*% 4% stock, cents on and 25 cents each on April 1 and 1952, published notice any and all of the bonds of series A may be redeemed by the corporation on any interest date by the payment of principal, accrued interest and a premium on principal as follows: 1% if redemption be effected on or prior to Jan. 1, 1947; there shall be no premium if redemption be effected after Jan. 1, 1947; redemptions for the sinking fund shall be effected without premium. . company pares (final retirement). and corporation the to General Machinery Corp.—$1 The common Ilsley Detroit, Mich., — Louis Kuehlthau, Total The share the paid company and capital on the stock, Jan. of North America—Pays Extra Div.— Jan. 15 paid an extra dividend of 50 regular semi-annual dividend of $1.25 per on 15, to holders of last year.—V. record Dec.. 31. 152, p. 2070. cents per share on A similar extra was Lehigh Valley RR.—New General Manager— F. sion R. of Gerard, the appointed Voelkner, General Pennsylvania General Superintendent RR. Manager resigned.—V. 155, Co., of the p. 53. with of the office Lehigh northwestern . divi¬ Chicago, in Valley been RR., ' has succeeding . G. Number 4035 Volume 155 Leland Electric The company the on stock, common distribution similar made the total a of paid 30 no cents 152, dividend a value, par made was 75 1940.—V. year Co.—Pays 25-Cent Dividend— Dec. on THE COMMERCIAL & FINANCIAL CHRONICLE March on in holders to 1941. No 31 25 of and - cents share per record Deo. June payments 1922. p. be :; .. made option of made ' . last, 30, were • 20. ' . V. A The directors The the A have declared dividend a of 50 cents per distribution paid company 154, made was regular 1, quarterly dividends 695. p. Nov. on last, prior accumulations 87W of cents 1939.—V. 19, Long Island Lighting Co.—Loses In High State Court. of Appeals at Albany, N. Y. on Jan. 8 affirmed an Division decision dismissing the complaint of the company the Public Service Commission on the ground that the com¬ of - action. investigabon 27, 1937, instituted ' an 31, the books.—V. its on the :7 90. p. '' i Louisville,Gas & Electric Co.. (Ky.) — Arranges to Raise New Money— 1 -Y <* 1940, 152, with stock, par $3.50 $3.50 June on $100, share per 19, to holders paid 1940, on and $4.50 on Co.—NBC ■ best Red :7 "7 V.;" in the Network Had of the Red Network of cation by iary index an , picture: :using audience listening the cab night-time bus increased 4% for ratings construction of program the all networks; N. fnr^hp Standard the each sales dealers to such amount an brokers, and 1942, 946 shares have been issued either $22,75 limited be and direct with than These sales and sold. the to public at $23.50 a -share share.—V. 155, p. 192. a Louisville & Nashville RR.—$2 ?; The directors Feb. 28 per 28 paid share Feb holders to of record $2 compares 27, For and last, $2 on vr< of stock $1.25; relax , The B.;C.- before increase advertising rates will zine, effective with the increase will not exceed July zine cents will be raised 15 to issue, 5.1%. it was single The from 10 "We cents, effective with issue, and the subscription price will be raised to $1.50 will common sense April the the of ' circulation of month's each setting a guarantee on delivery McHarg, V of 3,280,000 Vice-President.—V. directors The the This 31, V. 155, cents 20 a be The to basis customary - - , .7jv77::-7 : paid cents 1, Nov. of share per and 40 cents Jan. on 25, the on compares with cents March on May 29, V. on and year-end dividend of 75 of record Dec. 8. a last, initial dividend of 25 cents on Feb. an This paid on June 14 and Sept. 15, last, 40 cents on Dec. 17, 1940, 35 cents 53. 15, Act 25 In on 1940.— Manhattan Shirt Years Net Ended Nov. the mission sales, less cash discounts denied they Cost of saleS-_^-_u^._-_---__—1—II_ Depreciation Selling 7 and 47,889 tlnterest paid and Provisions 1. profit. for I'. - ___77: 1 $1,163,443 73 4,737 The other deductions—,*,-.,.-.. Federal taxes— \ ' ' .1,223 , ' 1 - $570,412 ■" ' i , Normal ■' f ,, income tax and declared value cess profits taxi Excess profits tax__ first income ; Shares of common Earnings •And - for credit losses. " ■ . tLess ■ .• Balance Sheet, •;• ■. $3.63 interest ested ■, • .. 30 Nov. ■tLand, etc 5,003,000 I 808,884 ^Accounts and notes account— v st*Ck Accounts 87.877 10-5,252 50,804 I $13,998,063 $12,288,839 $5,750,000 — and liabilities.^ accrued payeb'e (non-current)— Capital surplus shares for scrip for and doubtful $55 $500 in scrip at accounts. in for $4"S and in 1940.—V. cost. . 8nd 154, p. 297,048 - George;, Rosier, notified the Association's counsel hearing on Jan. 8, 1942 the Division intended the Commission to find not only that the corporate structure Association was complicated and that voting power was un- r V 7 the that among the security enter an order either distributed Commission holders but consolidated debt of subsidiary companies, consolidated net fixed capital of said subsidiary 7 companies; and .....' (2) conferring upon the new common stock full voting power, in¬ cluding the right to elect and remove trustees and directors; or requiring, in the alternative, that New England Gas Electric Asso¬ ciation liquidate its affairs and distribute its assets'." In the opinion of the trustees the proposal of the Public Utilties Division as set forth in Item 1 above would,- if adopted by the . exceed, when added to > 71:. of 5o.% the , ; , , . limted scope of the findings in a manner the_evidence-and would impose-upon the Association and rts"security holders such severe restructions as to any plan of simplification which could be suggested that security holders might find that rights and property to which they believe themselves entitled might be seriously affected. . Under the restrictions indicated as to type and amount of securities and the basis of values on. w.hi?h su?h securities could be issued, expand., the Commission, by there mi^ht be of Asociation not more than $350 principal amount Consolidated-— Jiave made known to counsel for-the Securities and Commission their objection to the proposals of the Public Utilities Division and on the basis thereof an adjournment has been 299,"81 shares j:After chares (par ($25 par) 908. of new The long term debt. trustees Exchange Montreal Li»rht. H<*at & Power Co. To Issue $14 910.200 3 ¥2% Bonds— ; The issue Qi'ehcc Publ'c $14 910.200. pcoble in Service 3%% Board first Canadian funds, has mortgage dated Jan.. 1, pureed . • authorized and 1942, that , the collateral and comnaav trust - to bonds maturing July 1, 1961. . T6-e new certificates iss"e wi'l refund outstanding ^ which similar mature amount c* July 1, 3% 1949, convertible the note exchange to upon security of the hearing now set for Jan. 8 to Jan. 27, 1942 so holders may receive this notice and have such oppor¬ additional time affords to make known their attitude proposed to be included in the order. Bank of Boston is trustee of the debentures maturing in 1947 and 1948 and the State Street Trust Co., Boston, Mass., is' trustee of the issue maturing in 1950. • The Old Colony Trust Co., Boston, Mass., is trustee of the issue maturing in 19627 tunity toward „ The as this the restrictions First National stockholders had and asked then in court the to and papers, Hartford & of The RR.—Reorganiza¬ the company were again brought the executive committee rep¬ road, and the committee representing the and the Boston and Providence Mines, Ltd.—Earnings— ' 1941 and interest 1940 $83,377 ________ $72,035 9,954 10.238 Sheet Sept. 30, 1941 $61,797 yJ-7;" ■ ■ i-V accounts Finance Jan, 12 Corp.—Smaller Dividend— declared and the dividend a of 10 ■., share per .. quarterly dividends stock to and 1941, p. 1415. 154, of 25 incl. 20, Dec. on cents usual quarterly dividend of 37 Va cents both payable Feb. 2 to holders of record the pref. stock, on Pacific First with cents share had been paid 1, 1941, and, in addition, the special distribution of 20 cents per Nov. made Ry. a Files Petition — of and for 54. for $1,800,000 Paul, the" for ICC authority to be issued by together certificates, trustee. as to The proceeds the company's own cash will be used to purchase stock. This will include six Diesel electric loco¬ rolling all-steel 500 sale the St. with trust equipment of Co. of application an serial Trust balance a Bids p. filed has $1,800,000 $2,275,000 of ballast the cars. issue be will received Jan. up 21.—V. 155, V ;. ' i Pacific American Fisheries, Inc.—Pays $1 Dividend— The first pei; company , stock, share The the $5, since company in 1941. 90 was Dec. on no dividends cents in of 1938 154, 20 par made was No 30, dividend a holders of record when $1 26. on the was the share per Dec. This distribution a of cents 15 248. p. Products—Pays 10-Cent Dividend— stock, common paid 29 to April made.—V. was distribution Dec. on par payment Pacific Clay on paid December, of 10 cents 25, paid Inst, during 1937.—V. making 1940. 152, The similar A 1. total a share on per to holders of record Dec. March were dividend a value, of 20 previous cents payment 1600. p. Pacific Indemnity Co.—Pays Extra Dividend—Earns. The company the and last, 1, last 2, Jan. of dividend quarteily extra dividend of an quarterly dividend of 50 -$10, both to holders of year, 25 cents share per rate increased from extra of 20 cents an 10 cents per cents was share per record par extra an 2 paid on Jan. regular stock, common Dec. 15. distributed 40 cents was paid to in share on On the April and the 50 cents. addition to the On regular quarterly of 40 cents. 9 mos. End. Sept. 30— 1941 Miscellaneous profit Total 2,832 2,107 $692,453 $722,571 $4.62 earnings 153, $720,463 and loss items Earnings per share —V. 1940 $689,620 Earnings $4.82 —— 1285. p. Panama Co.—Common Stock Of¬ Coca-Cola Bottling fered—What is believed to be the first in this market for a foreign industrial equity financing concern since the of the Securities Act took place Jan. 15 with the offering of capital stock of the above company. The financing is interpreted as first manifestation of the in¬ vestment relations between investors in this country and passage private industry in the neighboring republic in recent years. The offering consists of 33.750 shares ($1 par) stock of the company, a Panama corporation^ common dating from York Stock 1913. Elder & Co., members of the New Exchange with offices also in Chattanooga, Nashville, are offering the shares as and Knoxville agents, at $12.50 a share. available to the holder of each $1,000 principal amount of the debentures the discriminates against New Haven plan must be disapproved."—V, 155, p. 265. stock common motives on and d"ore"istion. bv by 229,980 Washington The balance of consideration for his present holding would be represented merelv by shares of common stock. The position of the holder of $5.50 dividend series preferred shares, while difficult to forecast,, would also be seriously affected. In any event he would receive only common stock. $13,998,063 $12,288,839 tAfter SRcoresected 104.1, 4 256936 297.048 ' —______ •21,874 reserve 4^4 714 714,464 i Total $25) pon 000 4,721.478 stock—Dr. l__i— •Treasury Of)"990 152 700 600.000 ' surplus Earned o7V'^7 190.285 4 "'0.305 -I — . at Division, supported ..408.578 navable provision $5 75A,(l0a (currentlvV—__—l,5f>0,000 pavpb'e Dividends Notes 3,027,850 " / §Liailities— Notes -payable Tax 2 560 782 61,338 lii—t .—a,!-..i'i- Common 5*.878 - 4,071,102 charges Total • held relief" receivable, $2,199; shares in other $692,737; interests in claims and explorations office furniture and equipment less depreciation, on share.—V. the requiring that New England Gas and Electric Association change its present capitalization to one class of common stock and one, class of long term debt, such debt, to be in an amount not to "(1) $700,464 ' 5,000,000 7'- 788,801 3 196.412 w Officers stock Deferred 1940 AC».200 , receivable, etc.^ Inventories the further I was the reconvened fairly-.and -inequitably - $72^,170 patents, Mtges. and notes rec., and sundry invests. ,(netK ask of ; 1041 plants, Goodwill, to other ' - Assets— at ; $2.19 and proceedings might have an opportunity to determine whether further on these questions was to be submitted. date of Dec. 31, 1941, the Assistant Director of the Public Under Utilties that . these drastic Equipment Issue— at person, 208,106 earned in such was its and equitable for distribution of voting power. The hearing was ad¬ journed until Jan. 8, 1942 so that a period might be provided during which either the Commission or the Association, or any other inter¬ 254,741 , 7208,107 ($25 par)y._-._i.i. share„__________^_^___„___^„ per provision Income.. stock 231,340 after" hearing if which by agreement of counsel expressed on the to be determined on the basis of evidence sub¬ to be confingll-io the question of simplification and the were 7 $456,915 $755,891 ____ and, such Commission Illinois Northern , matters the evidence Net Com¬ necessity I 310 089 .;"7:103,500'7.7" 96,237 -77 7, ! Cash dividends paid or -declared hearing 1941, 17, mitted .'■■ exr necessary for dismissing the complaint, in effect, to exercise $857,200. 22. the issue that undue complexity existed and pointed out requirement that voting power be distributed was a Massachusetts Trust of a well-known were power record 9,997 * /; 4 the of de¬ reserve, common, Regular the Association voting in group $55,228; Company that the absence of voting power conferred distinct advan¬ which were widely known and generally understood. The further suggested that the Commission first proceed to deter¬ whether simplification of corporate structure and distribution Dec. *.;.v Operating filed with the 49,161 out of 50,000 shares owned by the Third Avenue Ry.—V. 142, p. 631. 15. the $106,200; capital subsequently favor of —$73,423 ,/; less share per President, trustees In _ corporation ^^ determination, the matter of providing a plan on a fair ba.sis be undertaken. ! ;v 288,624 —312,028 expenses bf 44,835 :• to the in court, complaint Haven dividends directors the per and mine 7,330,127 842,820 ." administrative ,. shares.— answer $8,968,735 , 9,198,740' expenses •General the 1940 $11,564,*119 — which answer reference tages 1941 • 1,300 subsid¬ 2,000 ; with ~ Co.—Earnings— 30— I^J -.■ if 1935. type • , 1 D. Gampbellv from :F: of first the Canada Northern holders of Association are security that p. 1,500 shares ana Mr. Hesse lines car application ground the The Sept. 30— total, The on Milisop, 1,500 shares and Frank M. Hesse, 500 holds options to purchase 5,500 shares; Mr. Fink Milisop * appli¬ an (a payable, $126; explorations reserve, $70,000; (1,000,000 no par shares), $500,000; distributable surplus, $92,986; earned surplus, $194,088; total, $857,200.—V. 151, p. 3569. V employees for two years after Dec. 11, Fink, 14 Liabilities—Accounts four R. Jan. capital stock on George or Again— the profit $835; in receipt of a letter dated whiGh states: Under date of Oct, 9, 1941 we advised you that the Securities and Exchange Commission had instituted proceedings against the Associa¬ tion under Section 11(b) (2) of the Public Utility Holding Company cents holders to by from account, ity Division Intends to Recommend Revision of Capital¬ or liquidation— The are Jan. and that companies 7 to granted were trustees from Balance ization Jan: -8, to insurance Assets—Cash, Vi: New England Gas & Electric Association—SEC's Util¬ 7.77, 7 i"7' each cents 14. paid stock common 50 1940. 155, 15 Dec. company 'on share per Weir Mr. 22,000 shares, Mr. V." 154, p. 1266, 1940.— v,< E. Thomas shares. 7'I holders of record Jan...24..„,, Nov. 1, last,- 40 cents on Jan. on 1940, cents 40 options acquire common stock at $30 a share as follows: Ernest I. Weir, 1,500 shares; shares; to 31 reports 1941, minimum A McLouth Steel Corp.—Year-End Dividend of:75-Cents V;'The Net have corporation street the shown. asks law also denied Expenses Jan. assured,'. Malcolm m dividend Jan. 158., p. censorship code will cancel any of C. Instructions have been issued vo glad to see this code announced, and believe that it effect, especially among some of the smaller overlooked the importance of strictly observing censorship rules."—V. 155, p. 192, , been reorganization ICC the Years End. Income National Steel Corp.—Stock Options— Co.—4tf-Cent Dividend— 20 on the on will McCall's 153, p. 993. payable with compares 1941, not of declared have stock, common and issue annual average circulation. an copies McLellan Stores • > from $1. a year the Northern t With the change in advertising rates, McCall will guarantee that its delivered advertising rate will not exceed $2.50 per thousand based ' on the use of a black and white page. ' This will be determined by- ■ the New of proposed 7 salutary a which security class complaint. very have of the special restraining directors of meeting to ratify a "declar¬ granted Colony as anticipate any difficulty, but nevertheless we shall not vigilance. We should reiterate that ever since the war the are by according terms creditors anticipate that the stations class any savings bank group of its creditors petitioned for reopening of the reorganization proceedings in the light of the decision in Decem¬ ber of the U. S. District Court for Connecticut "that the acquisition of the properties of the Old Broadcasting Co. has had a self-imposed censorship in effect the promulgation of the code finds us already meeting its that so maga¬ stated on Jan. 16. Tne.y copy price of the maga¬ of mutual v^orc terms. McCall's in classes same order an "sufficient not plaintiff directors York resenting not our National McCall Corp.—Plans Advertising Rate Increase— The corporation do the Collins for also that had tion Before ICC Hnn of the censorship code a cut will he Immediat.elv made. nf the censorship code a cut will be immediately "We said "the outstanding New announcers and masters of ceremonies on these shows to from all subjects which the Government regards as tabooed. time these shows have been monitored with extra care in some different of advocates T. Corwin's Commission." Bronx, as Censorship Code— particular any . the tion 1941 During 1940 payments were made as follows: Feb. 28, Aug. 26, $2.75, and Dec. 21, $2.—V. 155, p. 158: • "» V " V. n on for taking any action to effectuate an agreement to merge the company into another, to be known as the Third Avenue Transportation Corp. ;v :;'v The company has 14 miles of street railway in upper Manhattan and Radio City and at other division points This practice will continue s0 that during any of these so-called ad lib shows, objectionable statements are indicated by audience participants which are in vlola- share, paywith $1.75 that 15. quiz programs now on N. B. veer away „ • per Aug. on not do producers, This 28. $3.25 of "We the Collins the than stockholder of the company a Ry.), Mr. functions -lodged Referring to the censorship code, Jan. 16, issued by the Director of Censorship, Clarence L. Menser, N. B. C. program manager, said: were , Dividend—* dividend a Jan. last, 23, Dec. on declared 15 Jan. on leading NBC Statement , to dealers at or . . able will, more as yield not Prior to Jan. 1, 1942, there were 22,849 shares of stock issued and sold; since that date and to and including 12, made will public monthly. common Jan. month the to $500,000 the between the William Justice Transit of aware Interborough Ry.—Writ Denied—,, dismiss Collins said restrain m.r out .of rather holders as Avenue injunction an the company dthp interest act Justice Third to fully are 265. p. Court the Justice he Red Network had 83% of this total gain during 1941. Two other net¬ requires obtaining an works divided the remaining 17% increase, and one network's listening average of approximately $50,000 new money each month for the next several months., To assure the obtaining of this money as needed,;_ ' rah^wiUnM loan - a 1041 *jt ixm the company has'filed an application with the SEC for authority to 1T^ thJfirctu years 1940 £nd *941 Mr- Witsell to its parent company, Standard Gas & Electric Co., each month™er IeF.0orttd ffr *alf;hour pro|rams commencing with January, 1942, part of unsold shares of its issue nd ^® ^ t 1*1 IfJt seven. Today of 150,000 shares of common stock at $22.75 a share. -The sales to the cab ratings give, the Red Network the first 13 half-hour programs ■The 155, routes. as compared with program of to Theodore C. Corwin fendants , the holders the company from holding a stockholders' ation of abandonment" of the company's program than ever before for both evening and dayas of which trustees of the trust property for all security undertake Supreme counsel are attempted impartially to raise all questions security holders in the answer filed by proceedings. Nevertheless, it should be borne in mind New York City ;• history of between or not security conflict any group.—V. stations used per program in 1940 is by have these in holders can all and rights the in that 18, of class or them of June 3974. p. the was stations per Here • are represented related above. benefit group : : * trustees matters affecting account on 1940 average number of stations per evening program was 63 1941 average number of stations per evening program was 73 average number of stations per daytime program was 47 average number of stations per daytime program was 62 • ' Mr. Witmer points out that the over-all national audience of the N. B. C.-Red Network has not only increased at a greater rate in 1941 over 1940, but it has for outstripped any other network. • • Kings 155, the cab £5®. 1941: . practices of These Inc.—$5 Dividend— County Lighting Co,, not a party to the. K;' 1940 proceeding. The Commission questioned an item of $5,141,704 at ■'r*J 1941 which 48.868 shares of the Kings County Lighting Co. was carried 'A ing at 1946.— ^ens^s. A typical survey shows the following comparisons between of ■ the • company's accounting practices. The company charged that the Com-, mission did not confine itself to examining its books, but after having instituted the inquiry introduced evidence with respect to the account¬ Jan. on 17, 1941 year in more PSc' callable are Dec. ratings of Red Network programs, he reported. December, 1941, was the largest month in the organization's history, with an all-time monthly net revenue peak, Mr. Witmer pointed out in his report summarizing sales operations for the year.' •' ". A most significant fact is that Red Network advertisers added Commission. The after National Broadcasting Co.,. Roy C. Witmer, Vice-President in charge of sales, has reported to Niles Trammell, President of N. B. C. Not only was revenue highest in Red Network history, but there was a sharp increase in facilities used by Red Network advertisers and The utility sought a declara¬ tory judgment that the Commission in its investigation of the com¬ pany's books did not have jurisdiction to make an order requiring it to write down (by charges to surplus) certain actual costs of its investments, to new and different values now determined by the cause bonds the Court a new time pref cum. Banner Year in 1941— Appellate against 7% compares Broadcasting , .j-r-';-'-.,""-^frf; plaint failed to state Dec. National The The the on This 9. on the share.— per Dec. Dec. on which to The notice 301 days Dec. 16 paid a dividend of $5 per share on last,' $5 share . basis. par after The trustees of the Association company record - $3.50 cum. pref. stock, payable Feb. 2 to holders of record Jan. 26. similar v. Printing Co.—50-Cent Preferred Dividend— for par 192. Mount Vernon-Woodberry Mills, 1 V of Lincoln a company p. the and during v on of 155, 307 Business of the and Property—Companv Republic of Panama, Oct. was incorporated 1913. 12, under the laws It is engaged in the busi¬ bottling Coca-Cola-and other carbonated beverages and in the manufacture of ice-cream and ice. all of which are sold wholesale in of ness the Republic climate the Formerly of Panama and in the Canal Z^e. By reason of the is subject, to relatively little seasonal fluctuation. business the major part of the company's- activities consisted of the preparation and sale of food products at who'esale and retail. The food products business was not prof'table. and during the past five the companv has gradually withdrawn from it. Company now practically eliminated such business, and intends to retire from soon as practicable. Ice-cream is not included in the foregoing statement with respect to food products, and the company years has it altogether as intends to continue its ice-cream business. company's food products business has been in the more ticularly profitable business Coca-Cola, with the of bottling result stantially increased in 1940 and 1941. that The d'mmution accompanied bv an in the increase carbonated beverages, par¬ its gross profits have sub¬ THE COMMERCIAL & FINANCIAL CHRONICLE 308 Summary of the Operations for Stated Periods information for the years 1938, 1939; 1940 and the ending July 31, 1941 (exclusive of the statistics for bottled beverages sold, in dozens, and of the classification by products of gross sales, less returns and. allowances, which have been compiled by t;he company's officials- has been condensed from the statement of profit and loss included herein and is submitted upon the authority of the company's accountants, Price* Waterhouse & Co, as experts, and is subject to the terms of their opinion covering the financial statements and to the pertinent notes constituting an integral part of , seeks be sub¬ a due . Sharp & Dohme, Inc.—New Vice President— > Johh S. Zinsser, President, announced the election of Dr. William A. as Vice President. Dr. Feirer has been director of the medical- is , on 1933.—V, promissory p. .338. a 154, for note . , $7,500,000 given by the Feirer Puget Sound Power & Light Co. (& Subs.)—Correction ■ Other v beverages Together .'*r ■ ,v : 307,439 237,952 300.068 265,081 247,928 846,432 820,736 ;—— Gross sales* less returns and allowances- 1938 546,364 293,109 1939 572,520 485,880 ' $390,821 $270,213 157,167 91,863 89,657 56,612 50,112 39,129 63,978 . $410,108 133,166 beverages The . 29,548 Bottled Pullman, Inc.—SEC Investigates Deals In Stock— .. 181,994 367,308 472,715 $805,681 $779,496 $835,800 423,011 509,868 J 586,074 $234,299 ' Ice-cream I' Ice. " Food ; products, • $617,513 Total Cost of goods 302,530 sold— ( Gross profitw-.— gen. Profit Other $314,983 $382,870 $269,628 136,018 179,536 174,371 & adm. exp._ from $249,726 $178,965 $203,334 6,219 2,408 $47,739 1,270 Net profit —i—_r— for income taxes $179,604 $200,553 $97,665 10,938 12,090 6,747 ■ : The ■ $168,666 $197,463 $90,918 $49,009 ? business in carbonated beverages, jparticularly Coca-Cola, is believed by the company to represent a nor¬ mal growth of such business. However, a large, but indeterminable proportion. of this increase is attributable, in the company's opinion, to the temporary increase in personnel 4n the Canal Zone incident to the construction of the third set of locks for the Canal, other defense construction, augmentation of military forces located there, and to the defense activities generally. Approximately 72% of the company's gross sales are made in the Canal Zone, The company is unable to make any .prediction as to how long the present abnormal conditions on The crown - - .. . Capitalization—On Sept. 27, 1941, the authorized shares of the com¬ were reclassified and increased to 206,56Q shares ($1 par) each, for the 103,280 shares (ho par) then outstanding, at the rate of IVa shares for 1, The direc¬ tors determined that stockholders of record Nov. 1, 1941, should be 154,920 of Which were to be issued in exchange receive the increase In Authorized ' Title of Class•Not of Outstanding *154,920 shs. 206,560 shs. (pgr JD Common stock including 33,750 shares now ($329,000) from ,the sale Increase the company's V;-' $96,459 Accounts receivable (net) 42,122 74,986 4,805 and non-current receivables Bottles and cases, below cost, including estimated of trade customers quantities 53,801 333,760 — (net) — equipment Deposit on purchase of deposits -Deferred charges 33,811 9.580 12,195 — Other Total : ——v $661,519 , Litbilities— $39,862 41,843 Accounts payable—trade - 26,996 indemnities—-. Capital stock (103,280 shares, no par) . Earned surplus ; Reserve for 155, "Proceeds employees' 129,100 423,717 of p. 962. Dividends— Dec, 24 paid a dividend of 10 cents per share on the common stock, par $1, to holders of record Dec. 11. A similar distribution was made on this issue on June 13 and Oct. 15, last, The company making stock a in The on total in 1941 of 30 cents. Nothing was paid on the common 1940 regular cumul. cents quarterly conv. dividend of 15 the 60 cents per share on class A and class B pref. stocks, no par value, was paid on Jan. 15, 1942 to holders of record Jan. 2, 1942. During 1941, distributions on the pref. shares were made as follows: Jan. 15 and April 15, 30 cents each, July 15 and Oct. 15, 15 cents each.—V. 154, RR3. p • ' Peoples Gas Light & Coke Co.—City of Chicago to Sue Company for $8,362,000— Corporation Counsel for the City of Chicago has been instructed by Mayor Kelly to sue company for approximately $8,362,000 which jthe company is alleged to owe under a 40-year-old ordinance that called for payment of 5% of gross receipts from the sale of natural gas. The company ceased such payments in 1918 after a ruling by the city comptroller that it was not liable to the tax because the natural gas it was selling was* mixed with manufactured gas, according to the city's Corporation Counsel.—V. 154, p. 1632., on directors on Jan. the common stock, payable March 10 to holders of record Feb. 20. amount was paid on Jan. 10. April 30. Julv 31 and Oct. 31. last and on March 11, June 10 and Sept. 10, 1940.—V. 154, p. 910. Portland Electric Power Co. — Sues Bank For $18,- 718,100— 267. p. : Independent trustees of the company according to press dispatches Portland, Ore., have filed a suit in Federal Court for $18,718,100 against the Chase National Bank, New York. The suit is based on involved financial transactions of several year.s ago, when the company distribution to retail druggists for 155, 161. p. '• i.' '• S. Adams re-elected was President of the corporation at a effective five years a year for each year of continued service after Jan. 1, 1942. Mr. Adams was granted an irrevocable option: to purchase all or any part of 50,000 shares of common stock at $5 a share.—V. 155? p. 160* > of with $100,000 after Jan. 1942, for 1, retirement a agreement payment to Mr. Adams of $2,500 a Superior Oil Co. •Net Engineering Co.—Plans To Issue - . at special a the (Calif.)—Earnings— tEarns. meeting Jan. 26 will vote on issuance of new convertible 'After rents 25 corporation on Jan. 2 paid an extra dividend of 25 cents per share and the fegular semi-annual dividend of 50 cents per share oh the Company $1,600,000 be Steam . on selected by-lot from a list of stockholders 20. 1942.—V. 155, p. 160. Jan. 15 dend of $1,625 and a premium of $10. In private a by the of end subsidiaries and 1941 payment The It is New 737,000 understood dividends of Oct. 1, York first to Stock and that out of the securities provided or the such extent of conversion act.—V. the directors have are bank loans new 154, do and service and to call*;: the' subordination that 155, p. seems necessary under applicable ' 270. • 848. p. similar 155, pp. .57 show Listed— year. steam-electric generating , major and at many 1942 construction plans is a the company's tp transformer capacity at its own substations The of additional transformer installation capacity at smaller distribution substations to meet the electrical needs of and wartime housing 154, p. 1731.. projects also is on the 1942 work - Period End. Dec. 31— Taxes 1941-r-3 Mos.—1940 $'74l.R00 1941—Month—1940 $816,P03 60,149 $248,845 74 019 59,686 194,012 172,397 $117,504 116,159 $115,140 114,691 $367,433 351,119 $348,671 $263,480 85.827 . 255.458 earnings Int., deprec. & divs,, Surplus -V; 155, p. 2S9. $1,345 $449 . $16,314 1941, decline a Dec., 1941—Month—1940 which sales has replacement division 1941—12 Mos.—1940 $728,622 $11,447,598 to $8,473,207 new„ car manufacturers continued been evidenced in recent months. Sales to Twentieth were Century—Fox Film Corp. — Employment Contract— Wobber, $1,250 , corporation reports an employment contract with Herman Western distribution manager, for five years, at a salary of week, and with an additional $12,500 a year for expenses.— a 155, p. 194. , Union; Electric Co. of Missouri—To Receive $565,599— - / The company will receive. $565,599 .as a partial liquldating. dividend Cupples Station Light, Heat & Power Co., a subsidiary, accord¬ ing to an application filed with-the SEC. The Cupples 8tation com¬ pany proposes to reduce the par value of its 10,000 outstanding shares of capital stock from $100 to 50 cents a share, in. order to provide a capital surplus out of which the dividend wilt be paid.— v. 154, p. 1497.:; r*/;.^"7"r-T—,-v-— - - from United Aircraft Corp.—* Pfd. Stock Sold — Common stockholders of the corporation who had until Jam, 13 to subscribe to 265,669 shares of 5% preferred stock (par $100) exercised rights to subscribe to slightly over 60% of that amount. The offering price was $100 a share. The unsubscribed portion consisting of 106,255 shares or 39.995% was quickly sold Jan. 14 by Harriman Ripley 220.732 scriptions for stock beyond the amount of their allot¬ ments. Business—Corporation has been engaged in business since Sept. 1* having acquired its assets at the close of business on Aug. 31f from its "predecessor, United Aircraft & Transport Corp. Cor¬ poration was originally a holding -company owning stocks and con¬ trolling the financing and operations of subsidiary corporation. As at Julv i, 1936, the corporation took over the business and assets of its domestic manufacturing subsidiaries and is now an operating company." 1934, Net (& Domestic Subsidiaries)—Sales- & Co. and associated underwriters at $100 a share. Most, of the underwriters are understood to have had sub¬ Southern Canada Power Co., Ltd.—Earnings— Gross earnings • Operating expenses— and 92. by reported to be up over a year ago but blow those of the previous month. Increased v61ume of the mechanical rubber division over a year ago and November 1941 was an important factor in total sales volume last month, it was added.—V. 154, p. 1704. the V. the company's inter-connected hydro-electric and system. in special $1,041,167 During ''-Yj'f.-'- amount of electricity available for this region's war materials industry plants and for normal growth, requirements .will be-increased early this year by the addition to the company's generating facilities of a new unit at Boulder Dam This will be the company's third gener¬ ator at the dam and will add 52,500 kilowatts of capacity to the included a special dividend of 30 cents per share quarterly dividend of 30 cents per share payable April 1 to holders of record Mar. 2. distribution was made on April 1, last year!— Period Ended Dec. 31— I-,. for declared regular Sales has authorized the. listing of $14,mortgage, series "B,"' 3ft% bonds, due issued and outstanding.—V. 154, p. 1194. facilities the Thermoid Co. restrict not struction and system-wide improvements which will total approxi¬ mately $7,500,000, according to Harry J, Bauer, President. The acceler¬ ated war program, reflected in virtually all phases of the company's operations, has been met by the plans for greater development of resources to A Reinforced electric power service for Southern California war activi¬ will be supplied in 1942 by this company through new con¬ program.—V. stock V. all ties various Wis., the common stock, both It was learned Jan. 7. amount of parent and earnings.—V. Development Program— Also Jn* Superior, outstanding bank loans to Southern California Edison Co., Ltd.— Plans Power addition into on Exchange refunding 1971, all of which factories. Generating; Station Swift & Co.—Special Dividend— The The power The ? consolidated mortgage .bonds at not to exceed 103% . . be evidenced by unsecured -notes; American Power & requirements subsidiary debt a year earlier. Substantially improved earnings permitted the company to retire the debt and pave the way for resumption of dividend payments on the outstanding preferred stock, which carries arrearages of $68.25 share. 2, . stock > liquidated completely had reduced with the maturity extended to 1947, net reduction of $3,369,500 from the per An Jan. sale company debt of is 12. kept in effect. v.'.-■■: :v SEC,; however, believes that In order to give Superior a satis¬ capital structure under the Publio Utility Holding Company Act, the open-account indebtedness should be converted into common The call priginally. was sched¬ St. Regis Paper Co.—Debt Cut To $2,400,000— $2,400,000 Dec. record also made on will Co. in~ addition The of was The ■ funded holders secured permission from the SEC to borrow Up to the Guaranty Trust Co., New York. Proceeds will of an addition to the company's Winslow Electric loan Power by several institutions on a 4ft% dividend basis. Annual savings from the refunding are estimated at $45,600.—V. 155, p. 160. • " :v.; a to per share factory Most of the funds for the redemption were obtained 15 in New York, when an equal number of shares was taken Jan. stock cents construction be began redemption of its 22,826 shares a share, which figure includes a divi¬ uled for April 1. on 25 Light Co., parent holding company; will subordinate this total amount of the loan in the open account indebtedness of Superior to Amer¬ ican. However, Superior is to pay interest upon that amount of indebtedness along with the balance ■•-of Indebtedness due American so long as current interest of the notes is paid when due; Also, American Power & Light GOr can exchange, ^onvert or ntherwise change all or any part of the indebtedness of Superior Water, Light & corporation has from for used $109,000 first close of business Jan. of 6ft%- pref. stock at $111,625 of 600,000— company has notified the Chicago Stock Exchange that 750 shares of the company's $100 par pref. stock will be redeemed on April 1, next, at $110 per share plus accrued and unpaid dividends. the ordinary distribution Superior Water Light & Power Co.—To Borrow $1,- ■ Reliance Manufacturing Co. of Illinois—To Call Stock of and common extra last year, as compared with 50 cents extra on Jan. 2, 1940, and extras of 25 cents each on Jan. 3, 1939; on July. 2, 1938, and on July'2; 1937.—V. 151, p. 3902. ^ The as undeveloped leases, Supertest Petroleum Corp., Ltd.—Extra Dividend— The ; ; Nil depletion, of The cents on March 21, 1941; 50 cents on Dec. 24, 1940; 37 ft cents Sept. 25, 1940, and 25 cents in preceding quarters.—V. 155, p. 55. on $$13,178 $2.50 * paid a dividend of 50 cents per share on'. stock, par $5, to holders of record. Dec. 16. This comwith 37 y2 cents per share paid on June 26 and Sept. 29, last; v. pares 1940 $1,057,345 share per depreciation, intangible development expenditures, properties, abandoned, and in 1941 after provision for Federal income taxes. fOn 423,014 shares of capital stock, $25 par. $Loss.—V. 155, p. 270.v:';'r- a common " v 1941 profit . convertible new adver¬ part of an as . Standard Brands, Inc.—President Re-elected—Option. salary , ^ 343,593 from -X ' • the sale of $2,0004)00- of -promissory notes to were used to purchase from the Squibb total of 52,910 shares of stock at $50 a share, which had tising program.—V. Ended, 15 declared a dividend of 25 cents per share A like year, f.V. reports a accrued been The company oil Dec. 26 the . r industries Pfeiffer Brewing Co.—25-Cent Dividend— The Plan, Inc., similar license for certain of the Saint Paul Union Depot Co.—Bonds Payne Furnace & Supply Ca.—Common Telephone Co.—Proposed Expan¬ • Chase National Bank. Proceeds Pays 50-Cent Common Dividend— the 154, a Corp.—Reorganization $661,519 Total —V. 1287. ' p. company, Company • . preferred, if the plan is adopted by our stockholders, will be used to restore working capital and cash reserves to proper balance," Mr. Collens said. ' J \ * ' r This Accrued liabilities t ! . share:—V.' 153,' per (E. R.) Squibb & Sons—Sells PromissoryNotes— Agreement ■ The Cash in banks and .on hand assets per recapi¬ talization plan providing for preferred stock for purpose of securing additional working capital necessitatedV by increased war orders. The plan proposes an issue of 7,500 shares of $5 convertible preferred stock, according to letter sent to stock¬ holders by Clarence L. Collens, President. Sinking fund provisions will make possible redemption of the new -preferred at $103 per share up to Feb. 1, 1947, and thereafter at $102 per share plus dividends to redemption date. Each share of preferred will be convertible into five shares of common up- to five days before redemption date. Company is now negotiating with underwriters for sale ,of the entire 7,500 preferred shares, the letter states: ■■; JUlf Inventories hands cents Rochester Telephone Corp.—Refunds Pref. Stock— BalSni:e ShMt' in five and Stockholders working Capital. Fixed of 14 Stock to be redeemed will be being offered." Purpose—The net proceeds to the company the shares being offered will be used to Investments dividend a cents outstanding stock provided for by exchange. As of Nov. 26, 1941, and; giving effect to the fore¬ transactions/ the capitalization of the company is as follows: such going paid This monetary consideration.—V, 155, p. 267. a New Preferred— - • „ pany entitled to '■•' Bell 3 Mos. End. Nov. 30— of The violation by the company. l together with its parent company, American ■ Tele¬ phone & Telegraph Co., has filed a joint application with the Securities and Exchange Commission for authority to speqd $4,761,000 In order to supplement existing facilities between Dallas, San Antonib and Houston, Texas, a distance" of 427 miles.—V, 155, p. 194. J . non-exclusive, non-transferable license to a Reliance Electric & . or equipment and tions.—V. the price of granulated sugar, us at year, make such investments in plant will be satisfactory to The Coca-Cola Co., use the and sion . terminating the reorganization proceedings of the corpora¬ discharging the Irving Trust Co. as trustee was signed by Federal Judge William Bondy. The court fixed eleven years as the time in which. security holders may present their holdings in exchange for new securities provided for in the plan or reorganiza¬ Coca-Cola CO. except in certain cases specified in the contract, and otherwise comply with the contract, Citrus Products Co. of Chicago, 111., has granted to the company the exclusive fight and license within the'Republic of Panama and the Canal Zone to bottle and sell "Kist" trade-marked beverages, and the company is the registered owner of the trade mark "Kist" in the Republic of Panama, but must reassign such trade mark to Citrus Products Co. in the event that the contract is canceled for just cause bottle Southwestern decree A conform, to the bottling standards specified therein, equipment as and on Dk^c. 15, 1939, an extra -Of $1.50 : par 10 Radio-Keith-Orpheum transportation costs and and Extra-'Dividend—K 22 paid an extra dividend of $1.25 per share regular quarterly dividend of 37ft. cents per share on the capital stock, par $25, both to holders of record Dec. 8; On Dec. 20, 1940, the company paid an extra dividend of $1 per share, Jame3 600 gallons of, syrup each distinctive 1632. The company on Dec. - actively promote the sale oiT Coca-Cola, refrain from selling imitations or substitutes for Coca-Cola, purchase Coca-Cola syrup from The. Coca-Cola Co. at prices to be adjusted from time to time in accordance least p. in addition to the \'" agreement calls for latter's of -with last, no of R. C. A. from Don Lee in return for tion the company distribution week. this The the that 301—V.. 154, South'• Penn Oil Co.—Pays Radio Corp. stated Jan. to as than Jan. SEC not later of America and the Don Lee Broadcasting System have consummated a television patent interchange agreement, it was the extent of diminution in continue or will Dec. 15, stock, on common initial An company's business which would be caused by cessation of such conditions. In the present war the Canal Zone and the adjacent terri¬ tory may be a scene of military operations, with consequent danger to the company's property and business. . v . Franchise—By virtue of a franchise from The Coca-Cola Co. (Del.), company is the exclusive bottler and distributor of bottled Coca-Cola within the Republic of Panama and the Canal Zone, It does not have the exclusive right to Sell Coca-Cola syrups to soda fountains within that territory. The, franchise is perpetual, subject to the conditions In the Canal Zone the Inc.—Pays 5-Cent Dividend— Radio Corp. of America—Television substantial part of the increased A , ■ value, to holders of record Dec. per share was made on this issue on May 1, 1941, which was followed by another payment Of 10 cents per share on Nov. 1, 1941.—V. 152, p. 2566. $44,941 ——_ company share 4,068 Net profit Prov. and Upon completion of a construction program and general corporate purposes, V ' ' Requests by interested persons on the declaration regarding the sale of the bonds may be made in writing to-tjre secretary of the denture ' and 201,987 . $95,257 639 deducts. / company has asked the. SEC .for permission . to sell $970,000 3 ft % first mortgage pipe line sinking fund bonds, due 1956,' at a price of 102.78 to the Northwestern Mutual Life Insurance Co,' Proceeds will be deposited #ith the* trustee- under the- company's in¬ Exchange Commission has sent a questionnaire to brokers asking for dealings on company's stock from March 27 to April 17, 1941. ' On March 27 the company, invited tenders of stock from shareholders in sufficient, amount to use up $15,000,000 which would be. used for. the retirement of the. stock. The company did not stipulate a price and later announced that the tenders were unsatisfactory. ; On May. 22 the company again invited stock tenders for the same amount, but named a. price of $29, a share and on June 6 announced that it had accepted for purchase 517,298 shares from a total of 1874;451 shares tendered. ,• :l;Y ( The stock sold at a high of 267/a on March 2^, at a low of 24Va on April 17, at a high.of 28Ya on May 22 and a low of 27 ft on June 5, the expiration date for the receiving of tenders.—V, 154, p. 1271. 10. , Securities Purolator Products, oper.— less inc. 1103. of , 1 Bell., 154, p. The earnings report of the company presented on page 267 in the Jan. 17, 1942, is for the month and 12-month period ended Nov.. 30.—V. .155, p. 267. . 1940 July 31, '41 527,627 (in dozens)— Coca-Cola 'Ji. 1940.—V. Bonds Privately— The * Issue of -Years Ended Dec. 3i—: 7 Mos. End. Bottled bevel-ages sold division since research in latter - > Southern Natural Gas Co.,Birmingham, Ala.—1To Sell financial statements. such and when the suit A months by the Central Public Service Corp. Portland General Electric Cpi, was. formed.' pending in Federal Court in which the Chase National $4,786,000 from the Portland General Electric Co., alleged to sidiary, financial The controlled was \ . seven Tuesday, January 20, 1942 $5,078 1934, 'Ji, Number 4035 Volume 155 oL business The the: corporation is carried, three subsidiaries, Three of divisions and facturing divisions and each has its and facturing subsidiaries •Pratt sales and character of through five operating on the divisions are Conversion Rights—Each share of the preferred stock shall be con¬ at the option of the holder on any date prior to Jan. 1, 1952 (or, if called for redemption prior to that date, then to and including, but not after, the date fixed for such redemption) into full-paid, vertible manu¬ own engineering, research, manu¬ The operating divisions and organizations. the THE COMMERCIAL & FINANCIAL CHRONICLE * :• the business done by follows: them non-assessable & Whitney Aircraft Division and its predecessor organizations been engaged in the design, manufacture and sale of aircraft have engines since 1925 and it is of one the two During the for accounted years the 55% and 75% between poration. This five past ■■ division of sizes of "Wasp" into stock, directors, which enables these engines to deliver a at high altitudes. " •■ .• ■ In connection with the defense lY-Yr'/iY :,y- " of type order further to Motors been Corp. and fee nominal Standard of output Jacobs Aircraft to granted for-the Hamilton the of $1 engine.; per Division prior to 19438076 This division resulted from - in consolidation the the or the com¬ outstanding respect to of payment opinion of adversely the and the in the to conversion such Income conversion price shall opinion. rights be aeronautical Statement for $ • serv. the or ac¬ -y'. * $ < , 720,000 feet, square . from licensees. taxes on Foreign 257,085 . 96,500 employees. United of for Pratt aries Gen'l repair owned by the cor¬ for airplanes and shop mental work.. Export ' Division * : •1,531,066 1,174,825 57,901 649,475 341,918 . Prov. consists) of through an organization divisions are sold all of the stock which fr. of the manufacturing Aircraft United Standard Service Propellers, Government to are be of ment For u been 776,409 Y 538,959 y';::Y ■':■■■ 524,543 4,915,560 6,907,965 5,826,418 3,964,989 2,829,369 2,217,321 2,945,885 1,974,031 1,522,773 sal¬ 5,008,511 3,215,276 33,094,854 1,765,327 which Hamilton license under the during without war 11,044,235 6,161,400 7,405 product'n Y Y: 33,094,854 the number substantially to of parts ' purchased from subcontractors has permitting the corporation to devote its increased, much greater extent to the manufacture of those parts requiring the more highly specialized precision operations and to assembly and test of the final product. a the For many it has been policy of the corporation in the case of large contracts to request purchasers to make either down payments years upon execution time, or of both. contracts with with U. the advance the S. British payments curement contract practice and a or was and Government adequate to insure French under partial of the by the defense the from provide for believed to be are balance of largely self-financed. As of Oct. 31, non-applied advances on contracts reflected in the The corporation has Developments balance total of a sheet at from all Unfilled Orders Sales No. of Gross Plant larriman •20,500; 30,700 ♦55,786,000 to be underwriters & purchased by each them of respectively & Lazard Freres & Co._! Lynch, & Pierce, 1.85 Beane ' 3.65 5.50 G. 3.65 Co- Cassatt Chas. W. Scranton & Co.— 1.25 2.75 Sm'^h, White, 3.65 11.00 & M.-P. Putnam Co., Inp Stanley .90 Co 11.00 Murphy & Co 3.80 & & Co. Barney Weld & & Co Co 265,669 shs.y *265,669 shs. *3,600,000 shs. 2,656,691 shs. 664,172 shares reserved for conversion of 5% cumulative preferred ♦Includes referred stock, ($5 0 30,756 ' '• 1,495,146 i. stock ($100 par) par) t v „•.: 1,887,048 1,111,460 667,145 $1,613,608 $1,595,320 $1,648,464 $1,795,921 724,004 724,004 724,004 724,004 $2.03 $2.01 $2.08 $2.32 j — and excess profits 241,250 taxes— r ^;:YyYY:Y\YY.:-Y/>-; YYYYY#YvY;;Y YCo.—Reorganization— presented were by The amount bonds of of all of of Canadian Canadian of the conversions 151, p. company was any in Net year one government, 1732. VV ;"Y '- held Gross the bank.—V. 155, J. Rogers matters. " He has production pany.—V. 155, of 13,283,455 10,791,214 —21,691,035 ——; —-$201,464,229 reimbursement having been as¬ $6,062,317 in profit before for estimated bank on $1,076,547 warehouse expense.. 978,512 864,366 $552,042 $212,181 167,000 loans 40,710 11,037 13,108 41,406 40,678 $332,599 Net profit Earnings per share of $117,684 common stock $2.94 Consolidated Balance Sheet, Assets— / ? , Dec. . $0.84 31 1941 , Cash:—— 1940 $304,972 less receivable reserve Inventories— (net) 556,189 3,146,469 1,300,867 ; 1,318,776 5,409 charges Trademark and 6,400 107,510 :.Y goodwill $284,664 700,491 3,449,385 —T Investments and miscellaneous assets Total 97,081 1 1 $5,868,635 $5,409,581 — — — - Accounts payable w-.—$800,162 $674,939 Notes payable 900,000 1,000,000 Accrued taxes, &c. 174,497 137,464 Income tax Deferred .' provision liabilities 40,710 66,136 i 72,953 867.400 stock Surplus from 167,COO — .——— — preferred stock Common 887.700 ... 2,100,000 —-— 2,100,000 305,622 recapitalization Undivided profits Common stock in treasury 303,345 508,808 213,460 Dr20,990 Dr20,990 $5,868,635 $5,409,581 — — — snecial assistant to analysis program for W. the ;_J,—1 (2,489 shares)—— p. Y 1497. ■ The compaiiv notified 155, the p. was Service Co.—Liquidated— liquidated entirely that SEC it early ceased be has to 271. a this month and has holding company.— " Westinghoiise Electric & Manufacturing Co.—Licenses California Firm To Make Defense Marine Equipment— the Year Ended Dec. 31, 1941 taxes—— 154, Western Public A. com¬ Corp.—Earnings— Federal 5,585,770 $1,530,554 . —V. coordinating the company's personnel work a : $4,743,062 Provision for estimated Federal income taxesProvision 6,933,472 profit Interest V. United Drill & Tool Estimated i 161, 92. 194. p. f 1940 Liabilities— 88,814 appointed serve ' : ;r. : ^ 1941 Depreciation to 4,500,000 ——— such p. been director was ' 1,540,416 — receive company's the Warren (& Subs.)—Earnings— Net profits from operations Income tax 17,070,597 defense — to of $8,464,026 Deferred : — amendment an in Yv sales 18,280 29,202 56,025,378 subsidiary L. from York amend¬ . Cuban, Cost of goods sold Fixed assets : bank—— to New proposed •Consolidated Earnings for the 6 Months Ended Dec. 31 47,145,418 subsidiary transformation the the - the treasury.—V. took •> important suggestion the representatives court advisement. into Accounts 1941— unconsolidated 141,559 504,483 ; ("Yy/Ah, 459,997 ; 6,184,880 Patterson, President, to. ' profits tax Provision for decline in inventory values Estimated For 5.50 —. . stock 215,795 153,159 excess 668,817 2,625,300 100,000 A license agreement was announced on Jan. 15 by this company, authorizing the Joshua Hendy Iron Works of Sunnyvale, Calif., to its plans and processes-to produce marine turbines, gears and auxiliary apparatus.—V. 155, p. 92. use 1.25 » Capitalization—Directors have authorized the issue of all of the stock as a single series designated "5% cumulative preferred ,ock," and have reserved 664,172 shares of common stock for issunce upon the conversion of such preferred stock. The eapitalizaon of the corporation, giving effect to the issue of the 265,669 shares I preferred stock, will be as follows: Authorized "• Outstanding cumul. income Estimated Earnings for Morgan ner $2,657,758 202,944 138,582 outstdg. 953,673 expenses .90 ~ $2,671,712 206,248 taxes committee. Total taxes profit — ended quarter Dec. 31, 1941, $1,348,945 — (F. W.) the estimated net, profit after $404,543.—V. 155, p. 271. The company York City was first Dec. 29, 1941, retire on Dec. mortgage income bonds. 30, 1941, The $109,636 of the company's funds, Co. the borrowed banks, with interest at 3% to used on balance of a condition Sept. $820,000— $820,000 from three was sales of $140,760, together with utilized to pay to Bucyrus-Erie contract for the 154, bank p. 1385. outstanding on Dec. 29, 1941, were and have declared holders Dec. of 1, 155, dividend of 40 cents per share, payable 10. A like amount was paid on a record 1941, p. 162. as Feb. with compared 60 cents in preceding ' purchase of Yuba Consolidated Gold of $2,247,076.— Fields, Inc.- -To Pay Dividend 20-Cents— The directors have common This loans 2 to quarters.—V. Of the loan, $679,240 annually. all of the company's maturing balance 2 New equipment. Total Woolworth Co.—40-Cent Dividend— The directors United Electrical Coal Cos.—Borrows V. ....... the was net March referred ommon i, — —T Oct. 31, corporation Fen- 3.65 Co.— Cuhn, Loeb & Co % payable to bank— United Air Lines Transport. Corp.—New Officer— 3.65 Merrill Lynch & Co., Inc. Merrill $3,051,610 243,152 325,379 199,755 in instalments from reimbursement receivable from the Government under Emergency Plant facilities contracts, the right D. percentages 11.00 3.65 lornblower & Weeks. Hutton 320,728 2,117,544 601,110 ——— ♦Payable ;> - the and 1.25 loldman, Sachs & Co.<—. E. the 2.00 Dominick Stone notes 1938 $2,510,021 '147,737 Western Grocer Co. *36,964,000 476,479,000 Hark, Dodge & Co layden, on (per contra) wages . signed to of 1939 119,178 company on Dec. 29 paid an extra dividend of $5 per share on common stock to holders of record Dec. 23. Together with thei four quarterly dividends of $10 each paid on Feb. 28, May 31, Aug. 30 and Nov.. 29, distributions on the common stock in 1941 totaled $45 per share, the same as in 1940.—V. 153, p. 1291. 7% 19,163,000 Ripley & Co., Inc. 18.15 & 33,415,611 — . — 9,300 per suggested amendments to the reorganization plan were company to Judge Brewster of the U. S. District Springfield, Mass., Jan. 7. A number of other suggested most 621,844 capital stock tax to Total S. 1940 342,011 -_i. $16,675,582 Reserve fdr sundry contingencies Capital stock ($5 par)—. Paid-in surplus ; Earned surplus the cents Washington Ry. & Electric Co.—Extra Dividend— 30,150,540 — for 126,574,000 444,348,000 Co., Inc.— & The $201,464,229 : compensation Federal payable of Jaker, Weeks & Harden Ridge Corp lominick 20,000,000 -„ and Unconsolidated U. S. Hue Jlyth : Accrued divs. pay. upon exchange of U. A. & T. Corp. stock on sales contracts—Customers 13,808,000 follows: as 320,728 Advances 14,416,000 names stock for Indebtedness $13,029,000 - unsubscribed $54,151,904 ==•====*=«, - months ended 6,000 50 The 1941 „y—„ miscellaneous 5,300 of the under limiting 3,245,802 ,— 1940 5,200 the • $2,552,534 5,365,358 5,298,816 2 sundry taxes 126,350,000 — Underwriters—The V. interest 17,446,000 by District Eastern 258. $3,012,219 39,391 Selling, administration and Federal 236,158,000 iJ. months) 9,344,322 —— Accrued State franchise taxes ♦Notes approved as the of 155, p. the deposits— commissions 51,715,000 (10 15,443,057 9,298,419' 514,351 Accrued Accrued ' '-v:-',- of 50 cents per value, to holders of record Dec. 20. 1941 Brothers by at bonds — payable $21,410,000 23,798,000 Government. are 987,449 (net)— -—— Accrued ■ of number presented 6,352,808 1,876,467 assets—^.——-—— — incentive Account At End of Period ; ♦Including emergency plant facilities under contracts with the U. of 11,220,790 8,869,248 9,329,730 charges 36,385,000 1941 33,642,037 Employees funds—Defense Savings Bonds Employees Railway Division 1941.—V. . $22,149,000 29,190,000 .. A 61,947,233 peace-time economy development "■• > Ltd.—Pays Extra Dividend— 1272. bondholders iVvvo- Accrued salaraies 10 ' w pursuant to the plan or reorganiza¬ Eastern share amendments demand Accrued approximately 31,500 employees. (excluding indicated by the following tabulation: • p. 41,428 12,510,161 5,313,382 and current Accrued Dealings— Jan. $3,983,653 85,534 __Y_. per 6,394,236 , assets Accrued to $4,069,187 stk. com. 79,097 Inventories Accounts distri¬ income profit Shrs. 11,299,888 Treasury Notes (Tax Series B—1943)— 1 receivable—trade, less reserve $10,000.— Total share per Initial 152, p. 3041. dealing to «• Wabash no par expenses profits 254,179 Accounts Reserve of the that of its Canadian subsidiaries) is Year— Net for 33,896,216 Cash—Defense Savings Bonds purchase account 1941, the $57,000,000. over During the Past Five Years—The corporation's business excess 232,836 Consolidated Balance Sheet, Oct. 31, Deferred An ;;■■■ — and Provision Brothers —- hand Year program which disc't 6,161,400 • 10,546,280 income Provision corporation's^policy that pro¬ be is Int. 135,312 Dividends Large contracts stock, Total income Depreciation 255,652 •Y 59,655,578 to in the Y 11,044,235 —. taxes its time corporation Governments. payments continuance payments progress followed contracts aggregate sources the This a for of ' \ Liabilities- so Court operations —V. 154, 36,599,137 ' -> manufacturing policy of the corporation has subcontracting wherever practicable for the supply of and finished parts. Under the .pressure of the emer¬ from 801,362 Y;Y: 918,946 , Other cents 17. cumulative if earned). issued 1941, 4,500,000 , Investments. 15, 4143. p. Earnings pay¬ the years facilities own in 152, ments -Fixed ($100 par, to be are the common on Court U. S. last, extra 2089. bonds, series B, dated Jan. 1, ,1941, /■■■■-A:'':■ •' /•' by order dated Aug. 29, 59,790,891 on 30, an p. (Hiram) Walker-Gooderham & Worts, Ltd.—Earnings 1,371,524 3,800 transformat'n ./.Assets—•• five of Dec. 14, last.—V. May -V • — accts. Other deductions Cash record admitted Income Vi' March Other income 138,676 /:/:/' plant a 1981. mortgage 4'/2% Warren ... dividend a on company on Jan. 2 paid an extra dividend in addition to the regular quarterly dividend Profits 9,287,347 58,871,945 Net 1940.—V. 152, ; on with 16 on a following securities of the company: bonds, series A, dated Jan. 1, 1941, due Jan, 1, :■/ ;• ,-//,'i \; 'V'YiO.-.' Y-."Y Y ' Y 4% income bonds, series A, dated Jan. 1, 1941, 4% •;/ 3 Mos. End. Nov. 30— Yi <•' - expenses doubt, defense Normal paid made Exchange 1/ 1991. District The v of Other income owned by the Standard-type propellers operating utilize semi-finished been of Through its wholly owned subsidiary, is it royalties. many to gency Ltd., manufactured or Corp., propellers in Canada.. Canadian Canadian S. —V. to peace-time economy the licensed abroad. which is owned by the corporation, maintains an organization one of whose functions is to assist purchasers and users of the corporation's equipment in the installation, maintenance and service of such equipment. Canadian Pratt & Whitney Aircraft Co., Ltd., 70% of the stock of which is owned by the corporation, is engaged in the partial manufacture^ assembly,„sale, servicing and repair of Pratt & Whitney aircraft engines and the" sale," servicing .and repair of Hamiltonproducts U. 24,496,256 expenses— and for 1, of Missouri 32,289,486 75,820,183 administrative for share per compares the basis mortgage securities share 63,371,945 Prov. Stock preferred stock • . issued" dated 36,385,123 amortiza¬ service and & York 4%% 51,715,706 Engineering & develop, salaries, costs, etc.— salaries ' airport, an and New Jan. tion 250,000 at & Divisioh. .. operates overhaul an due <■ 39,100 31 holders of was Wabasso Cotton Co., plants retirement & cents This losses—re- Selling and East Hartford, Conn., directly adjacent to the plants of Whitney Aircraft Division and Hamilton Standard Propellers The airport is used principally fox flight-testing and experi¬ engines, - as to General, mortgage 253,417 62,549 „ emergency plant facil. boats designed for non¬ This division operates a floor area of approximately 15, 1941, had approximately 6,100 . Division well as Dec. stock General and expenses arrangem't tion 20 5. Wabash RR.—New Securities Admitted 148,588,902 a v Airport poration, on capital The 236,158,402 126,350,127 Provision paid on Dec. 20, was company the share retirement of Dec. paid on March 15, June 30 and Sept. share In preceding quarters. In addition, per per share bution of like amount income licensees—Dr. Moving record Venezuela Syndicate, Inc.—Dividend No. 2— The on $ 35,302,215 • . Y 'r.: dividend a of royal¬ ties and other from cents cents due Jan. 1938 , 50,795,015 share per 12y2 holders to Dutch Bakers Inc.—20-Cent Y.'j- Dec, 20 paid on stock These 15,206 service. and as of Dec. cents 12 Va "Y'Y' ■:' 1971. ;YY-y. $ Kamp's Holland company "when Export Airlines three large four-engine flying having 15 ad¬ Periods 1939 v de common and of existing forthwith <■ Stated ; . rights & licenses Royalties and other in¬ air-cooled engine and its performance during its official Navy trials permitted the official announcement of a high speed in excess of 400 miles per hour. This division is also manufacturing for American Conn., the Calendar Years 1940 235,948,660 126,058,111 ing large flying boats and amphibions. This divi¬ sion is now engaged in the manufacture of observation-scout airplanes and ship-borne fighter airplanes for the U. S. Navy. The fighter airplane was designed around the Pratt & Whitney 2,000 hp. radial commercial The of of '■> « 10 Mos. End. ■ and four-engine stop trans-Atlantic plant at Stratford, Van Dividend— rights give their opinion as to the adjustment, if any, price required to preserve to the holders of preferred substantially equivalent - of come price of 51 net. Dealer's discount $1.—V. 154, !' •' ' • ■■■'. ':'.v;•"/ ',;•/>• .... any board conversion stock, the board of directors independent public accountant from sale of design & manufactur¬ Chance two an in convertible purchase of action with other declaration and to number Proceeds Vought Aircraft and the Sikorsky Aircraft Divisions. The former' specialized in the design and manufacture of Navy singleengine obseration-scout and dive-bomber airplanes and the latter in appoint product, parts & of 1939 at a fixed p. 1385.: (2) or shall recommended >•' "■ Sales . the shall more 1917. the which, preferred the any Oct. 31,'41 recently, the Hydromatic quick-feathering propeller, which is in wide military and naval use and is used by all major air l'nes in the United States. The propellers have aluminum-alloy,: blades.and the controllable-pitch mechanism is operated hydraulically.In connection with the defense program, this division has achieved a substantial growth and is also currently operating ahead of its assigned schedule. Nash-Kelvinator Corp. has been licensed to manu¬ facture Hamilton Standard-type propellers, for a period extending through the duration of the national emergency, for a nominal fee of $1 per propeller. -/"-t Vought-Sikorsky Aircraft Division and its predecessor organizations > have been engaged in the disign, manufacture and sale of aircraft since the such event, as than thereon, stock), securities warrants or affecting (ft): take or preferred other or options any other Consolidated U approximately 4,700 employees. It developed the first entirely practicable controllable-pitch pro¬ peller, the constant-speed propeller with automatic pitch-changing feature, and, such as conversion, at the value of preferred First predecessor its and corporation, of at any time reclassify the com¬ stock affect materially of who rights justed organi¬ zations have been engaged in the design, manufacture and sale of aircraft propellers since 1921 and it is the largest manufacturer in the United States of propellers designed for use with high-powered aircraft engines. This division operates; plants at East Hartford, Conn., and Pawcatuck, Conn, (leased), having a combined floor area of approximately 500,000 square feet, and as of Dec, 15, 1941, had Propellers shares stock have licenses -These stock, the conversion of Pratt Co. Engine the date the of (a) of action any stock, would countants issue or take dividends or corporation ,■■■■: program, & Whitney-type aircraft engines to meet the requirements of the defense program, :■ the corporation has granted licenses for-their manufacture, for a,: period extending through the duration of the national emergency, to Ford Motor Co., to the Buick and Chevrolet Divisions of General expand the of this division has achieved a large increase in its output of engines and its current production in terms of horsepower is approximately three months ahead of its assigned schedule. ■ I \ • In common shares class any stock or common dividend supercharger high percentage of their power advanced an shares of of corporation shall issue or common mon the manufacturing conversion upon stock developed is stock the event the mon engines ranging in output from 450 h.p. to 2,000 h.pY The two smaller sizes are single-row engines of nine cylinders and the two larger sizes are two-row engines of 14 and 18 cylinders respectively. It has also and of the converted. issued in radial air-cooled at stock for each $40 par common United States Smelting Refining & Mining Co.—-Stock Offered—Blyth & Co., Inc., on Jan. 15 offered after the close of business 12,000 shares common stock (par $50) price will be common be Y" four stock common constituted Provision has been made whereby (1) the con¬ adjusted in the event of the issue of any shares (other than any shares of common stock which may so version products of this division have of the total sales of the cor¬ • manufactures of be of stock largest manufacturers of engines in the United States. This division operates a plant Hartford, Conn., having a floor area of approximately 2,500,000 square feet, and as of Dec. 15, 1941, had approximately 20,200 employ¬ East ees. shall , rate of one share aircraft at shares stock common 309 Nov. stock, compares par with declared $1, 10 a dividend payable Feb. cents per 2 share of 20 cents per to holders paid on of May share record 1, .on Jan. Aug. 1 the 14. and 1, last, and 30 cents on Feb. 1. 1941. Dividends totaling 55 cents per share were paid in 1940,—V. 152, p. 2575.— " "~= THE COMMERCIAL & FINANCIAL 310 STATE AND CITY CHRONICLE Tuesday, January 20, 1942 DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS In ALABAMA , . Eufaula Bank & Trust Co. Sept. ■ addition, a "debt service the bonds further 1954, $42,000 in 1955* $43,000 in 1956, $44,000 in 1957, $45,000 in has been created, the money on 1958, $46,000 in 1959, $47,000 in hand and available for transfer to 1960, $48,000 in 1961, as 3y2s, and City Clerk, states that 4V2% re¬ that "cushion" fund now totaling $243,000 maturing Sept 1, $49,000 funding, series A bonds, Nos. 10, $5,367,768, according to the report in 1962, $50,000 in 1963, $51,000 11, 18, 24, 36, 41 and 44, totaling by the state comptroller, the com¬ in 1964, $52,000 in 1965, and $41,$7,000, are being called for pay¬ missioner of revenue and the su¬ 000 in 1966, as 3 ^is. Dated Sept. ment on March 1, at the National pervisor of the refunding depart¬ 1, 1941. Denom. $1,000. Bonds City Bank, New York, or at the ment^ maturing on and after Sept. 1, Eufaula, Ala. Bond Call—Ruby D. McEachern, 1937. 1, Due secure , Dated Sept. on fund" to 1, 1967. This fund is not to be drawn on unless annual net de¬ revenues 1962, are callable at par, on and after Sept. 1, 1945. Prin. and int. mature Nov. 1, as follows: 156,000 refunding bonds, series $1,000 from 1946 to 1948 incl., and 488. Dated Feb. 1, 1942. InC I terest payable J-D. $2,000 from 1949 to 1960 incl. Due on Bonds Feb. 1, as follows: $15,000 in maturing on and after Nov. 1, 1952, are callable in in¬ 1943 to 1946, and $16,000 in , ' ■ numerical verse order and on Prin, and int. (M-N) payable at the First Na¬ tional Bank, Galena. Legality ap¬ proved by Chapman & Cutler of Chicago. , _ of pointed out that annual debt requirements of the state highway refunding bonds amount ARKANSAS * J-J. 1957 man Miami, incl. Interest INDIANA Toledo, and A. B. Morrison & Co. of 1961 to Legality approved by Chap¬ & Cutler of Chicago. 2%s, at a price ; Hammond School City, Ind. of 97.40, a basis of about 3.04%. Arkansas (State of) Warrant Offering — Charles N. Dated Feb.. 1, 1942. Governor Reports Bond Service Due on Feb. Scott, Secretary of the to $7,175,000 which includes $1,Bpard of 1, 1959, with option of redemption* School Secure—The recent sharp expan¬ Trustees, will receive 000,000 for calling for redemption on or after Feb. 1, 1952. sion in the number of cars and sealed bids until 8:30 p.m. on Jan. an equal par value of the term trucks 27 for the purchase of $300,000 operating in Arkansas bonds. Although the term bonds Seminole County (P. O. San ford), service as , should serve reduction as of an offset to highway any revenues because of lower motor traffic, ac¬ Governor Homer M. Adkins who released figures showing the collection of more than $17,000,000 in highway reve¬ nues last year and the establish¬ ment of a "cushion" fund, now amounting to $5,367,768, as an ad¬ ditional security for the state's highway refunding bonds. "The phenomenal increase in cording to number- of motor brought in the state by of vehicles of which classification or have all been purchased reason within of the location cantonments, airports, other governmental agencies and national defense industrial plants, in my opinion, will tend to offset - from army .. K Fla. mature until April 1, Bond Election—O. P. Herndon, the state covenanted that certain funds,, if available, would Secretary of the County Board of be used for that purpose. Commissioners, states that an "In the event that highway election has been called for May 5 will not 1972, pledged for bonds and interest decreased to $6,175,000 annually," it was noted, "there revenues sufficient funds to pay the interest due on bonds would be and,, the have to the voters not exceed to of current terest of interest in a time in anticipation Rate of in¬ revenues. be to 6% Issued warrants. multiple of Vk 1%, and must be the same for The warrants all of the warrants. the issuance of $80,000 county hospi¬ are to be issued as from time to be required for the tal construction bonds, to supple¬ time may needs of the School City, and in ment $70,000 already voted. ; necessary in Election Rescinded The call amounts ; deemed pass' on — for election Jan. 27 to sub¬ the discretion of the Board of maturing principal of serial bonds. The warrants minimum revenues required mit to the voters $150,000 county School Trustees. will be awarded to the best re¬ would be $8,821,- hospital construction bonds is 429,- approximately $6,715,000 less said to have been rescinded; " ■ sponsible bidder,-Who has duly qualified and has Submitted a bid than the actual collections in the an on The for that purpose most recent calendar year or a de¬ cline of 43% which is almost un¬ reasonable to believe." Sale Details The successful be the Sold—An issue of $149,- net interest cost to the School City to be determined by computing 000 33/4% — meeting the principal and inter-; est requirements on the new state highway refunding bonds." Last r year the State sold $136,330,557 highway refunding bonds payable from the state highway fund. A report to the governor hy fi¬ nancial officers on the possible effect of lower gasoline tax reve¬ nues on the state's highway bonds, shows gross highway revenue " ; v ; California (State of) 4% % aggregating $65,000, Lake County .(P- O. Crown Point), have been purchased by Wyatt, Ind. 073,681.95 general fund registered Neal & Waggoner of Atlanta, at Other Bids—The $20,000 storage warrants was offered for sale on par: $35,000 funding, and $30,000 building bonds awarded Jan. 12 Jan. 16 and was awarded to refunding bonds. Dated Sept. 1, to Raffensperger, Hughes & Co. Kaiser & Co. of San Francisco, at 1941. Due on Jan. 1 in 1945 to of Indianapolis, as IV2S, at par 0.75%, plus a premium of $12.50. 1971 incl. Prin. and int. (J-J) plus a premium of $42.98, equal to Dated Jan. 21, 1942. Due on or payable at the Fulton National 100.214, a basis of about 1:47%— about Feb. 25, 1942. Bank, Atlanta, or the Bryan Bank v. 155, p. 250—were also bid for R. H. Moulton & Co. of Los An¬ construction fund. The collec- were-sufficiently. large allow an unallocated surplus $1,024,213 after making quired allocations. the to of re¬ Under terms of the act of 1941 - new high¬ way revenues is pledged and to be set aside annually in the state highway refunding bond sinking fund to be uSed exclusively to service the new state highway refunding bonds. These bonds were ap¬ to John Nuveen & Co. of Chi¬ cago,, and Leedy, Wheeler & Co. of Orlando, jointly, at a net in¬ . terest cost of on about Dec. 3.42%, as 13, it is now reported that the bonds as were sold follows: $160,000 maturing Sept 1, $30,000 in 1943, $31,000 in 1944, $32,000 in 1945, $33,000 in 1946, $34,000 in 1947, as 4s, $581,000 maturing Sept. 1, $35,000 in 1948. $^6 000 in 1949, $37,000 in 1950. $38000 in 1951, $39,000 in 1952, $40,000 in 1953, $41,000 in as follows: Sold—The John Trust Co. of of Atlanta, is said to purchased $100,000 2J/4% semi-ann. refunding bonds, ap¬ proved by the voters last June. Dated July 1, 1941. Due $5,000 on July 1 in 1950 to 1969 incl. Georgia, P. Int. Bate Premium Rice Nuveen & & CO Co Karriman Ripley & Co., Inc.. 2% & Mayer......... 2% Allman....... 2JA $281.51 175.8T 162.00 Seasongood Amos 71.85 103.00 have IOWA ILLINOIS Bond The Sioux City, Iowa Issuance Contemplated— City Council is understood making preparations for the issuance of ; Louis School District, $200,000 airport bonds. Waterloo, Iowa Bonds Not Sold —Knapp llh F. Matthews, City Clerk, states that tion recently approved the resub¬ the $3,877.27 sewer, special assess¬ mission of a proposed bpilding ment bonds offered on Jan. 12—v. bond issue of $200,000 for consid¬ 155, p. 146—were not sold as no Another Vote Required On Bond Issue—The Board of Educa¬ April passed by the voters last April but Chap¬ man & Cutler of Chicago, advised eration of the voters at the election. bids were received. The measure was KANSAS - - Wichita, Kan. Bond Offering—Sealed bids will several irregularities in the pro¬ be received until 7:30 p,m. on Jan. posal placed on the ballot which 26, by C. C. Ellis, City Clerk, for might interfere with the sale of the purchase of the following 1673. coupon bonds, aggregating $209,- 000: Catena, III. $27,- $53,000 fire station bonds, series 487. Dated Jan. 1, 1942. In¬ terest payable J-J. Due on Jan. I as follows: $5,000 in Co. of Davenport, at a price of 1943 to 1949, and $6,000 in 98,51—Vii 154; p. 738—are dated Bond Sale Details—The 3% water works bonds sold last October to the White-Phillips 000 — Nov. 1, 1941, in $1,000 denoms. which has the right accrued par and Interest rate is purchase at exceed not than less to will No bid of 1%. % of less than par terest not 5%, stated in fractions of and accrued in¬ Le¬ entertained. be gality to be approved by Bower-? sock, Fizzell & Rhodes of Kansas City, Mo. A certified check for 2% of the total bid, payable to the city, is required. KENTUCKY Estill County (P. O. Irvine), Ky. Bond Exchange Report — We . are informed by Herbert Hender¬ son, County Judge, that $276,000 refunding road and bridge bonds are being exchanged for a like amount of old bonds, through the State Local Finance Officer, Frankfort, Ky. * LOUISIANA New Certificates Iberia, La. Sold 1 , The City that $65,000 paving certificates have been purchased by a group Clerk — states ofJTew Iberia banks., MASSACHUSETTS Haverhill, Mass. Note Offering Gertrude A. Barrows, City Treasurer, will re¬ — ceive bids until 11 for Jan. 20 a.m. on the purchase of $1,000,000 notes issued in anticipation of revenue for the year 1942. Dated Jam 22,1942 and payable $700,000 on Nov. 4 and $300,000 on Dec. 22, 1942, at the National Shawmut Bank of Boston. ready for Notes delivery on will or be about Jan. 22 at said bank against pay¬ ment in Boston funds. Denoms. to suit purchaser/ authenticated and validity Notes will be to as genuineness the National by Shawmut Bank of Boston, under advice of Storey, Thorndike, Pal¬ & Dodge of Boston. Bids stating the rate of interest that bidders will offer for the wholes but not for any part of the loan, mer must be sealed and must include terest to date of on a delivery. 360-days to the basis is to follow and no In¬ year offer to discount the loan will be consid¬ ered. Lynn, Mass. X Joseph Cole, City Treasurer, will receive" sealed bids until 11 a.m. on Jan. 20, for the purchase at discount of $500,000 temporary loan warrants, due Nov. 6, 1942. The successful bid¬ der may have an option until Offering Jan. 23 on an — additional $500,000 notes, due Nov. 9, 1942, Somerville, Mass. Note Offering—John J. Dona¬ hue, City Treasurer, will receive bids until 11 a.m, on Jan. 20 for the the school board that there were the bonds.—v. 154, p. to Note to be East St. School Fund/ interest. interest Bidder Daniel Gainesville, Ga. noted here land the bond resolution, 70% of (the first $10,250,000 of Adel. Bonds FLORIDA Hillsborough County (P. O. Tampa), Fla. Bond Sale — The $99,000 3% coupon semi-ann. refunding, series 1941 B bonds, offered for sale on Jan. 16—v. 155, p. 145— were awarded to the Weil, Roth & Irving Co. of Cincinnati, paying a premium of $604, equal to counties. 100.61, a basis of about 2.91%. The largest allocation of this Dated Dec. 1, 1941. Due $9,000 amount, under terms of the re¬ from June 1, 1944 to 1954 incl. funding law, would be $7,175,000 for the state highway refunding Hollywood, Fla. bond sinking fund, $3,075,000 for Additional Information In state highway, maintenance and connection with the sale of the $2,500,000 for the state highway $984,000 general refunding bonds tions in proved by the voters last June. of $17,045,360 in 1941, including $92,020 from automobile division fees, $3,853,389 from motor vehicle license fees and $13,099,951 from the tax of 6^2 cents a gallon on gasoline. The net highway revehue totaled $15,536,867 after de¬ ducting $530,272 cost of collection and $978,220 representing 7.7% of the net gasoline tax returned to — J bonds Warrants Sold—An issue of $2,- geles, offered 1%, plus a premium of $79. not obligations of the city. Prin. and int. payable at the fiscal agency, Topeka. Bonds are offered sub¬ ject to rejection by the State who offers the lowest one funding bonds approved the total interest and deducting Cashion now states, by the voters last June, was pur¬ therefrom the reduction of taxes due to tire ra¬ Thomas L. premium bid, if $2,000 4% semi-ann. chased by Wyatt, Neal & Wag¬ any. tionings and other factors,' the that the Each bid must be accom¬ street improyement bonds sold gonerof Atlanta, at par. Denom. panied hya non-collusive affi¬ governor said. The State, he com¬ 155, p. 195—were $1,000. Dated July 1, 1941. Due davit as provided by law. Validity mented, faces tire rationing and recently—v. the threat of a reduction in the purchased at par by a local in¬ on Jan. 1 in 1943 to 1971 incl. and proceedings authorizing said use of automobiles and gasoline vestor, and mature $1,000 on Dec. Prin. and int. (J-J) payable at warrants will be approved by the First National Bank, Atlanta. 31 in 1943 and 1944. Chapman & Cutler, of Chicago. consumption, in a "stronger finan¬ The cost of such opinion must be cial position than ever before." Cook County (P. O. Adel), Ga. CALIFORNIA "It is my considered opinion," borne by the successful bidder. Bonds Sold The following the governor said, "that, Arkansas will not have to worry about $1,000. These bonds are callable. They are general bidder will County (P. O. Morgan), Bonds Mayor — Denom. accordance with the notice of sale. Eudora, Ark. Bond in GEORGIA Calhoun 1952. 1947 to after Nov. 1, 1946. Milford, III. payable at the Chase National Bonds Sold—Stokes, Woolf & Bank, New York. Legality ap¬ Co. of Chicago have purchased an proved by Chapman & Cutler of issue of $34,000 -3%%- refunding Chicago. '5 V.V ■ road bonds. Dated Jan. 1, 1942. Marion County (P. O. Ocala):, Fla. Due Jan. 1, as follows:> $2,00Q Bond Sale—The $116,000 cou¬ from 1950 to 1956 incl., and $4,000 crease below $10,250,000. In view Ala. of the increased registration of McCuen, motor vehicles in the state, these City Clerk, informs us that bids officers concluded that "it is con¬ were not received for the $20,000 to servative say that there is public improvement bonds, whieh nothing in the immediate future had been scheduled for sale on to warrant any belief that serious pon semi-ann. 1942 refunding road Jan. 15—v. 155, p. 41—because the inroads will be made on the bonds offered for sale on Jan. 16 city found that, due to the cur¬ 'cushion' fund." —v. 155, p. 144—were -.awarded rent situation, labor could not be Regarding possible gasoline tax jointly to Braun, Bosworth & Co. obtained to do the proposed work. declines, the financial officers Tarrant City, Bonds Not Sold—Z. D. and 1950 to 1952. purchase of $500,000 notes issued in anticipation of revenue Dated Jan. 20, 1942 "and payable Nov.x 4, 1942 at the Na¬ for 1942. tional Shawmut Bank of Boston.- Denoms. $25,000, $10,000 and $5,000. Notes will be ready for delivery on or about Jan. 22 at said bank. They will be authenti¬ cated as to genuineness and val¬ idity by the bank, under advice of Storey,. Thorndike, Palmer &? Dodge of Boston. Bids stating the rate of interest that bidders offer for the will whole, but not for . THE COMMERCIAL & FINANCIAL CHRONICLE Volume 155 : Number 4035 and must sealed of project. of delivery; Interest'on 360-days.to.the.year basis is to to date t a and follow no offer to San .;;v. that the call for tenders Jan. on non-callable city bonds for the water board division sinking . //y Bond Sale—The $29,000 refund-? ing .bonds offered for sale on Jan. 15—v, 155, p. 147—were awarded Rensselaer. Mcintosh, Minn, f Maturity —The Village Clerk now states that the $27,000 semiann. permanent improvement, revolving fund bonds sold to Juran & Moody of St. Paul, as 2%s at par, as noted here on Nov. 29, are due $1,500 on Jan. 1 in 1943 to ; 4 ' 4 ' The r ' ment bonds. revenue First Pascagoula, Miss* ■ / Had the /bridge company its contention that it Board of Education states that at from 4 the election held on Jan. 7 approved the issuance of lion $65,000 school bonds by a count of 573 to 61. He says that these bonds *t sale at will offered be tile Bank & special franchise struction & Co., Dated 1: $4,000 and . <fe 100.20 Ladenburg, Co., Manu- & Traders ' : Trust t - Clark Charles & Co... 1.40% 100.183 >■. ' - MONTANA ; . & Nuveen ."j Co. Schoellkopf,; Hutton & ;. Pomerpy Estabrook Co., At . Monell Ha'sey,, B'a'r > • > 100.239 & ; , —100,159 Co,.. Ae . .../. l'/2% Stuart & Co., Inc., & Co., Inc,, Adams; • - - • McEntee Parsons & & Co., Co., Graham, of First of $75,000 10 years. in Michigan Corp., Otis & Co., Gregory & Son, and E. Lowber Stokes & Co.1.60% tified 100.359 order to of 1% of the the bid, Village Treasurer, is required. Liberty Township Rural School District (P. O. R. F. D. No. 3, Bond Youngstown), Ohio Offering—W. E. Collins, Clerk of the Board of Education, will receive sealed bids until noon on name able to order of the Board of Edu¬ ; ber: Miami such cost to by deducting be Oct. 1 from 1943 to 1952 incl. by a terest A-O. In¬ A certified check for $100, payable to order of the Board of Trustees, is required. able unconditionally to the order Legal opinion of; Taft, Stettinus of the State Treasurer for $1,400. & Hollister of Cincinnati will be r The right to reject all bids is re¬ served. The approving opinion of Washburn & Clay, New York City, will be furnished the purchaser. In the event that prior to the delivery of the bonds the income received by private holders from bonds to the same type and char¬ acter shall be taxable by the terms of any FederaL income tax law, the successful bidder may, at his election, be relieved, of his obliga¬ furnished the successful bidder. Toledo, Ohio Hoyt, under the contract to pur¬ tions Plans Bonds Refund Year . u $1,279,5^0 N. —George Schooner, City Manager, in pre¬ senting to Council his budget for 1942, said that he plans to refund $1,279,500 of bonds maturing this including $1,038,400 general. $5^,267 of bonds year, obligations arid issued tion against anticipated collec¬ delinquent real estate The City Manager told the of taxes. Council not in such case, deposit accompanying his bid To This the CAROLINA NORTH for check payable chase the bonds and, water Prin. and semi-ann. certified check upon an incorpo¬ rated bank or trust company, pay¬ Reed, Co., Go!<iman. Sachs, & Co., Union Securities Corp., Kaiser & CO., Boatmen's National Bank, St. Louis, Hannahs, Ballin & Lee, and Minsch, the . 100.il & Co. and F. S. Moseley &CO. Fr°*es - „ 1.40% Bankers Trust, Co:, New York, National C'ty Bank of New York, Smith, Barney & Co,, Blyth. i, //;V , John , 100.158 ........... and may Bids must be acompanied : Jan. 6 the voters defeated the proposed issue system bonds;. Dated Feb. 15, $1,000. Due serially . Inc., Eldredge & CO., A. C. Allyn 6c Co., Inc., Equitable Securities Corp. and Lee Higginson Corp. 1.40% Kidder. Peabody & Co., Shields & Co W. E. Hutten- & Co., White, Weld Co., bid no est will be entertained. i ; , election bonds. Denom. two , on con¬ Township (P. O. Yellow Springs), Ohio deter¬ Bond Offering—The Clerk of mined the total the Board of Township Trustees amount, of the premium bid from will receive sealed bids until the aggregate amount of interest noon on Feb. 7, for the purchase upon all of the bonds until their of $10,000 3% fire department respective maturities. No bid of equipment bonds: Dated Feb. 1, less than par and accrued inter 1942. Denom. $1,000. Due $1,000 on county, , Cobleskill, N. y. an / George B. Gibbons & Co.. Inc., Stone & Webster and Blodget, Inc., R. L. Day •& : Co., E. H. Rollins & Sons, ; ; , 1.40% Bros., ; ; R. W. • Pressprich & Co., Eastman, Dillon & Co. i for & Noyes but than der offering to purchase the bonds at the lowest interest cost to the Co.,1 // 4% $75,000 station Feb. 9, for the purchase of $187,000 not to exceed 3% inter¬ Bidders are requested to name est school building construction Due the interest rate or rates/not ex¬ bonds, Dated Jan. 1, 1942. as follows: $500 April 1 and ceeding 6% per annum in mul¬ Oct 1 from 1943 to 1962 incl., and tiples of of 1% Each bid may name one rate for part of the $4,500 on April 1 and Oct. 1 from 1963. to 1965 incl. Interest A-O. bonds (haying the earliest ma¬ turities) and another rate for the A certified check for $1,870, pay¬ bonds will be awarded to the bid¬ 100.229 1.40% J. Van Ingen Inc. facturers won dollars^ Goodman said. 1942. of fire 1942-41- rates, arid each cation, is required. These bonds bidder must specify in his bid the were authorized by the voters at the general election last Novem¬ amount of bonds of each rate. The , Co., Bank Hemphill, r.nd B. Lehman for tax, Inc. and & Co.... Trust Commerce * & Co. exempt was Bonds Defeated—At once. Co., Stevenson Trust Co., - cities faced return to the corpora¬ tion of about two and a half mil¬ the ; a.m 11 bonds. more 100.01 Hallgarten & Co., Mercan- . . the " voters until purchase series Jan. 27, by W. E. East¬ Secretary of the Local balance, 1.30% Ripley & Co., Inc., Corp., Phelps, & Chemical » Assistant; Corporation Counsel George Myers, who represented Mr. McGuinrtess in the High Court, said the action dealt with the Albany ; assessments" but that it was a test case and undoubtedly Would apply to Rensselaer also. Bonds Voted—The Clerk of the Rate Bid & Boston Fonn Bacon, Lawd . & . N:w Bros. .................... Harriman protest since * Bank VanLahr,. Doll 8c chaser's choice. aid 1.40% 1906.;/-:V;:-;/:/v';;;;./ /;-/■ v ;,,; ,/ Federal Int. Rate u* Bank and Salomon Hutzler ; said to have : received the bid* Sealed on purchase bridge refunding follows: as National York Goodipan said the decision applies to taxes; paid, under and Bidder First Only four years—1927; 1928r1933 andvi934r--ML McGuiness and -As¬ sistant Attorney -General Jack /•' /{/ Savings Trust Co., for —- Jan. 1, 1942. Due on Jan, in 1943 to 1946, $20,000 increase an at bid for before the case involved,: assessments courts purchased $10,000 street improve- ;f or Bank of New York, as 100.119, a basis of about 1.275%—v. 155, p. 253—were also 1.30s. victory came, after five of litigation in which the Tax/Commission and the Although, J,he Provident Commission, for the inf. (A-O) payable at the Cleve¬ of $70,000 road and land Trust Co., Cleveland. A cer¬ National Thalmann Bonds Sold—The First National Bank of Memphis is be (EST), project bonds awarded Jan. 16 to a syndicate headed by the Chase . Greenwood, Miss, / '■,' • ■ Jan. 20. on ■/■*"; ; bonds was submitted to a vote at election held ■'./ *: special franchise, taxes on its Maiden Lane and, Livingston Avenue Spans/ " : works water Lr - ment Of Bond Election—The issuance of an 1940, refunding municipalities^ River Bridge company 's - conten¬ tion that it was hot liable for pay¬ refunding bonds sold to Kal& Co. of Minneapolis—v: 154, p. 1475—were purchased as 3s at par, and mature as follows: $2,~ 000 in 1944 to 1947, $3,000 in 1948 and $5,000 in 1949 to 1955. ; $151,000 December, ing as a "great victory; for the city/' ; Rensselaer; stands to • save about a million dollars. ' / 000 Biloxi, Miss. of Government Corporation Counsel James J. McGiiiness said as he hailed the rul¬ man < Offering erling, _ states that the $46,> Mississippi Treasurer for N. C. Bond will cember, 1941, as compared with $6,424,846.20 for the year ended Albany *alones wilL save in ex¬ of one • and a half' millions, „ years now 100.28 debt retirement at the end of De* as cess State Recorder 15 .June on State . Mountain Iron, Minn. Bond Sale Details—The Village r Due the Carolina in 1964 New York December. The figure for De* and $34,000 in 1965, without op¬ cember alone was $696,588.84, as tion of prior payment. There will <'U. Atbany, N. Y. ; ;' be no auction. Denom. $1,000; priri. Favored in Ruling • On Bridge compared with $597,853.94 in the and int. (J -J) payable in lawful Taxes—:Anf eight-word" decision same month in the previous year, money in New York City; coupon or an increase of 16.5%. by the Court of Appeals, on Jan. ; bonds registerable as to principal 8 spelled a saving of more than Syracuse, N. Y. only; general obligations; unlim¬ two and a half million dollars for Other Bids—The $1,700,000 gen¬ ited tax; delivery at place of pur¬ the municipalities, of Albany and eral 1960 incl. j_." : 100.059 .. last year of 36.1%, accord* ing to the income statement for neapolis, as 18/4s, at a price of 100.26, according to the Village .Clerk. ;•/j "» ! > the over : :• 100.40 " Securities Corp 2.40% Square National Franklin Square..., 2.60% Bank,. $5,000 in 1944 to 1948, $10,000 in 1949, and $15,000 in 1950 to 1960. 1 ! J to the C. S. Ashmun. Co. of Min¬ , and Equitable follows: MINNESOTA i Co., Co. & Franklin . Lakefield, Minn. k & reports Treasurer. fund, resulted in the purchase of $245,000 bonds at an average yield ; Bros., Corp.;" Eastman, Securities of $18.75, The Isphording, and Siler,, Roose & Co : 2«/4% 917 right to reject all bids is re¬ Weil, Rcth & Irving Co 2l/a% 2,266■*•£> served. The approving opinion of Reed, Hoyt, Washburn & Clay, Cuyahoga Heights (P. O. R. F. D., Brooklyn), Ohio New York City, will be furnished Bond Offering—George J. Galthe purchaser, litz, Village Clerk, will receive Sampson County (P. O. Clinton), sealed bids until noon on Feb. 6, Lehman Co., Dillon order North County Treas¬ Port Of New York Authority, N. Y, that $200,000 Income Report—The Port Au* semi-ann. county, court house con¬ struction and jail bonds have been thority had $8,741,376.33 available for sinking funds, reserves and purchased at par by the State urer G, 15 of of 2.4744%. " „ 2.40% & Union Miguel County (P. O. Las Vegas) N. Mex. ' Bonds Sold—The Purchased —Charles Oakman, City Controller, reports i Blyth Estabrook • * Co & Detroit, Mich. ' - new mexico MICHIGAN Bonds & Co., Inc., Manufac-' turers & Traders Trust Co., George B. Gibbons & Co., Inc., Roosevelt & Weigold, Inc. an-d Bacon, Stevenson - discount the loan will be considered. *• flood Federal, $350,000 a Blair local share in order to cover the must be include interest of the; loan, part any r 311 be that 1942 sufficient revenues to will maintain municipal services "at the level regards as essential to the health and safety of the public." — The were received until 11 a.m. (EST) $12,500 refunding bonds will be Tuckahoe), Ni -Y. /•.'■/■,j He again requested that consider¬ f submitted to the voters at an elec¬ Bond Issuance belayed—Ar¬ on Jan. 20 (today), by W. E. City Council is said to have in¬ ation be given to the discovery of tion scheduled for Jan. 26, ac¬ thur N. Ferris, Town. Clerk.7 re¬ Easterling, Secretary of the Local structed City Clerk J. R. Benson a permanent solution to the city's to prepare a $625,000 bond issue, cording to report • , financial problem. ports that issuance/ of- the $172,- Government Commission, for the Referring tP*" recently to finance the purchase of $4,000 not to exceed authorized proposed debt refunding, the Valley County School District No. 600 fire department equipment sewer construction. bonds authorized by the voters on 6% coupon semi-ann. general ob¬ City Manager stated as follows: 1 (P. O. Glasgow), Mont. ligation water' bonds. Denom. "A further problem lies in the ; Maturity—The District Secre¬ Dec. 2 last, has been delayed be¬ NORTH DAKOTA $500. Dated Oct. 1. 1941. Due $500 i 7 uncertainty which war Will cre¬ tary states that the $61,633.23 cause of war conditions. on Oct. 1 in 1942 to 1949 incl., Maryville School District No. 10 ate in the market for refunding semi-ahn. refunding bonds sold Fort Edward (P. O. Fort without option of prior payment. bonds. Interest rates already have (P.O. Rolla), N. Dak. /to the Northwestern National Edward), N. Y. '//;/' Certificates Sold---The District risen 10 points and are continu¬ Bank & Trust Co. of Minneapolis, New Bern, N. C. Bonds Sold—An issue of $20,000 Clerk now reports that the $4,000 ing their upward trend. Pending as l^s, at a price of 100.446, as Note Offering—Sealed bids will 1.90 % work relief bonds is rer 4% certificates of indebtedness congressional legislation to tax noted here on Dec, 29, are due on be received until 11 am. on Jan. offered for sale on Nov. 1, 1941, the income of these securities Dec. 31 as follows: $13,633.23 in ported to have been sold to the 27 by W. E. Easterling, Secretary Fort Edward National Bank, at were purchased at par by Mr. H. might be the last impetus needed 1942, and $12,000 in 1943 to 1946; of the Local Government Com¬ Carbonneau of Bottineau. Due in to destroy the market. V."' '/ /./■ '■.• '■ callable in full on any interest par. mission, at his office in Raleigh: "Budget messages from ,1937 payment date from and after 2lk Hempstead UniOn Free School Dis- for the purchase of $3,750 bond two years. through 1941 have all pointed to trict No. 16 (P.O. Elmont), N. T. ; years from date of issue. Oakes Special School District anticipation notes. Dated Feb. 1 the cumulative effect of the fund¬ Bond Sale—The $1,250,000 cou¬ 1942. Due on Feb. 1, 1943, without (P. O, Oakes), N. Dak. NEBRASKA ing and refunding program. Bonds Sold—The District Sec¬ pon or registered building bonds option of prior payment. Bidders "A financial program must Madrid, Neb. ! offered Jan. 16—v. 155, p. 198— are invited to name the interest retary reports that $20,000 3% be developed that will cover re¬ Bonds Authorized—The Village were awarded to a semi-ann. armory bonds approved syndicate com¬ rate, not exceeding 6% per an¬ quirements for normal operations, Council is said to have passed a posed of the First- Boston Corp., num, the denomination or denom¬ by the voters last June, have that will be sufficiently elastic to resolution calling for the. issu¬ Harrimari, Ripley? & Co., Inc.. inations and the place and bank been purchased at par by the provide revenues for the im¬ ance of $17,500 refunding bonds.; Smith, Barney & Co., Stone & and trust company therein of State Land Board. provements demanded by the Webster and Blodget, Inc., A. C payment of principal and inter¬ public, that will cover needs for NEW HAMPSHIRE Allvn & Co.. Inc. and R. A. Ward ests. OHIO Interest payable at matur¬ Philipshurg, Mont. Bond Election—The issuance of />.'■■/ Eastchester Fire District Halifax, . < Bonds (P. O. N. Offered — will be returned. C. he Sealed bids ' . Wilmington, N. C. Bond Issuance Expected ; ' • • ■ ' - * . ,•. . New Hamothire (State of) May Issue Bonds—It is reported that the $250,000 bond issue ap¬ proved by the General Court last year may be sold within a few months in order to take care of prospective deficits in operations , of the State's public institutions, & Co., all of New a ^ Mount bids: interest cost to the city, such cost '. Bidder" . ; Town- ship Committee 'recently ap~ proved an issue of $55,000 bonds int. - StuartCo., Rate Bid Rate Inc., Oo., Inc., E. H. Rollins & Sons, inc. - < * and F'^st of Michigan Oco.-iJ\fA%~ Marine Trust Oq. of Buffalo,- .. R". D; -White «te Co.,* .Grahan^„ Parsons £ Co.„S. J. van dK"-Oo.t -G, M.*P.. Mumhy & Co. and Bond & Goodwin ■ - ' 100.399 ' , ' ... to be notes at the lowest determined by deducting ledo, as 2V4S. at par ium of $2,917, equal basis of about plus a prem¬ to 101.944, a 2.07%—v. 254—were also bid for notes to their maturity, B-'un. accompanied by a rated bank or trust company* as 155, p. follows: Int. Rate Premium B'dder Bosworth & Co. and Rvan, Sutherland & Oo— 2'/4% Ha^vley. Sh«pard & Co., Hayden, Miller As Co. and McDonald-Ooolidge & Co...... werrin. Turberi fe Co. 9.\\% $2,561 payable, unconditionally to the during periods of rising prices and one which will shrink during-—periods-~of decreasing prices." Otis & Co.. ,, rTT.. r iTTTT..2»/4%- OREGON Lake County School 2,289 District No. 7 (P. O. Laheview)„ Ore. Note notes of Sale—The District Clerk short-term offered for sale on Dec. 23tr purchased bv Fordvoe & Co. reports were 2.523 ^ 100.408. sion Stranahan, Harris & Co., Inc., To bid from the aggre¬ gate amount of interest on the certified check upon an incorpo¬ " . . nurchase the Bids must be , Ingttt».d<.Coti.Tnc.. O. P. -OHUda- to the premium . & - Holly Townshio, Ni J<- Bonds • Authorized—The offering terest. Phe'na,. Penn ■ the'bidder from 1943 to 1962 inch and $45,000 from 1963 to 1972 incl. Other ; .Haisey, NEW JERSEY relief and needs for other expan¬ of pur¬ place Delivery at ity, York, as 2.20s, Allen Township Rural School Disprice* of 100,2099. a basis of chaser's choice. trict (P. O. Clay-Center), Ohio about 2.18%. The notes will be awarded, at Dated Jan. 1, 1942 Other Bids—The $150,000 buildand due Jan. 1 as follows: $40,000 hot less than par and accrued in-,. w m +« at that Portland, $40.0^0 at 99.26. bid-was-received. No other . 4K Wjttwsxtbv^^ 312 THE COMMERCIAL & FINANCIAL CHRONICLE Lane >'< Consolidated School (P.O. Lowell), County District No. ; . 71 Ore. >. reports that the semi-ann. school bonds now had offered been towns, would be transferred the to SUR. mended -i.." Bonds Sold—The District Clerk , and $12,000 which sale last for that of all It the the ended June $211,469 institutional the fiscal year 30, 1941, a total of collected from local was for units recom¬ shoulder State cost, of During cases. also is the of care inmates in August, were purchased jointly by Fordyce & Co., and the Charles N. Tripp Co., both of Portland, as the entire local cost of aid to de¬ P/is, at pendent par. Newport, Ore. Public Utility Slated—A Vote special dispatch from Newport on Jan. 9 reported as follows: An ♦ r $850,000 bond issue to finance acquisition of the West Power Com¬ pany System in Lincoln, Lane, Douglas and Coos Counties will be voted on March 3 by the Cen¬ tral Lincoln County PUD com¬ prising and vicinity Newport as the next step in the proposed for¬ mation of a huge four-county PUD extending along a major portion of the Oregon Coast. The the ■, v election and amount proposed bond issue nounced in was released statement a of an- by W. H. Waterbury, PUD attor¬ ney, after plans were approved by the PUD Board of Directors at Newport Wednesday night. The proposed bond issue will provide funds for carrying out the „ acquisition and for construc- tion of additional distribution* facilities within the district _ as necessary funds for well as working capital, materials and supplies, plus extensive rehabilitation of . the present properties. various institutions. children In addition, would be paid by the State. At present, the Federal government pays 50% of the cost of this program and the During the current fiscal State for is has its the year, appropriated $275,000 share of the program. It recommended that the fi¬ also nancial maintenance and physical operation of the V. Charles Chapin Hospital in Providence be undertaken by;; the State.A This project cost the City pf Prov¬ idence $369,873.69 during the fiscal year ended Sept. 30, 1940, and the change now recommended by the Tax Survey Commission was advocated by Mayor Dennis J. Roberts in his first budget message to the City Council Oast not mentioned by Governor McGrath his in the to message was General Assembly, it is probable that the of the Tax Commis¬ final report sion will taxation recommend to provide of the program. The report of PENNSYLVANIA Internal also of methods for the cost « < ■ included the following last November, Affairs, yond 2%% of valuation be em¬ phasized. The present maximum tax rate is fixed by law at $25 per $1,000 of valuation, but the law does permit the finance depart¬ ment to Brownsville. of Bank of the real estate tax be¬ tension authorize to be made under amount Columbia, Pa. ■ ; \ ; $50,000 bonds was sold last July to Glover & MacGregor of Pitts¬ burgh, as 23As, at a price of 100.73. Due serially on June 1 from 1946 incl. 1956 Pittston To L ipalities soon Bonds—The certain Board of Education recently passed a resolution - authorizing an - issue of ' $100,000 operating revenue bonds and directed Secretary Thomas J. Hennigan to make all preliminary arrangements for the sale of the bonds. conditions. be audited the after annually of close ants as the or office of finance. The the Rhode Island (State of) Program Would ®00 fL* Savings program To which Effect Local The audits.of counts a would city be town's or That uniform a counting system prescribed would shift an of more than $2,000,000 from the cities and towns to the State was outlined to the General Assembly on Jan. 6 by Governor J. Howard McGrath. The proposals, made by the Tax Survey Commission and concurred in by the Goveror, were based on a partial re¬ port submitted by the group which was appointed last June to study the financial problems of the State and its municipalities. "They are all extremely sound and each has my personal ap¬ proval," the Governor said. The full report of the commission will not be ready until February but the Governor explained that he reported the highlights of their conclusions so that the legislators might give thought to them while awaiting the final findings. Under the program, the State would assume a larger proportion of the cost of local relief require¬ ments. Unemployables, as well as employables, would i be pro¬ vided for by the State relief agency to the extent of 75% of ac¬ di¬ rector of finance be used by all $2,000,- estimated annual financial burden of the by a ; uniform fiscal That all to cities be year adopted [ for as Bonds tional and That return, statutes be amended to permanent than Edinbury, Texas Hagansport Rural High School District (P. O. Mount Vernon), > . • - Texas Hill, S. C. of Peoples Rock semi-ann. coupon pur¬ improvement bonds as 2V2S, paying a premium $125, equal to 100.25, a basis of of about 2.47%. 1955 incl. co Due . : . / . .. 13 reported on the sale in The 'V; ■ late Peoples Jan. National sold Bank $50,000 general bond issue an plus at bond sale. council First advertised been rate of Hamlin Independent School Dis(P. O. Hamlin), Texas / Bonds Sold—It is reported that trict the and the on bonds bids have bonds Dewar, Robertson & Pancoast of 1946 of Charlotte. was The whether had opened. Voted—At not in figuring the actual cost to the city consider to the interest the on 000 3y2% clarify this situation council rejected all the sell bids bonds and with decided the standing that the interest to under¬ the on premium not enter into the water and sewer reve¬ con¬ Bond from he noon time same better the' bank's than any offer received was in the previous bidding. TENNESSEE Rutherford County (P. O. Mur- Quarterly adopted a Court County Jan. 12 on Due will in 1943 to multiple of one-tenth of 1%, and be the Prin. bonds. same and enabling legislation Assembly for General Bellaire, Texas 10 the voters election on approved the issuance of $30,000 sanitary sewer construction bonds by a count of provide heavier penalties for non¬ 97 to 16. payment of poll taxes. Bexar County (P. O. San That beginning with the 1942 Antonio), Texas fiscal year no city be permitted to Bond Offering Bids Not Re¬ borrow money, except for emerg¬ quired—The San Antonio "Ex¬ ency purposes, without the ap¬ press" of Jan. 7 reported as fol¬ proval of a majority of its voters. The Bexar County Com¬ Such a provision is already in¬ lows: cluded in the charter of the City missioners' Court is not required by law to advertise for bids on of Providence. the sale of county int. of the payable at Bids . to the State for municipal¬ permission 1942 to be for all but not any part. of 1%. bear rate one ferent-rate^ will rates in any sold to the bidder offering to take the bearing the lowest interest to pay the highest price and offered rate. for bonds Prin. and bearing such payable in int. lawful money at the State Treas¬ urer's office, or at the National City Bank, bonds of New York. issued under are amendment known to as No The bonds will be awarded to the bidder offering the the city, which will be determined by ag¬ gregating the interest payable by the city over the life of the bonds to the terms of presented, and deducting the known No. Enrolled as the payment of secure principal and not are the Board of Public Works of the State shall annually to cause be levied and annual State tax an annual interest on said bonds and thereof within this bond payable. "In the income holders type and clared received from to be by relieved be of be sold taxation of rate be subject to by it without limitation or obtained request to the Delivery of the upon above Auditor.; will as Bid forms may amount. bonds chaser city, be made soon after to the Feb. 1 pur¬ as is possible. cost of bonds. for 2% The city will pay the printing and preparing the Enclose a certified check of the face amount of the bonds posit deci¬ a Court, or by the terms of income his and law tax obligations under purchase the to in such the case accompanying his returned." crued The at less bonds than interest. de¬ bid will cannot and par Accrued ac¬ interest to be calculated from Oct. Purchasers will accrued pay 1, 1941. required to be interest in New York delivery ;if tificates City. be of be made To expedite interim cer¬ desired will date to delivery./Delivery will furnished pur¬ chasers.; < The purchaser or pur¬ chasers will be furnished with the final but approving opinion well urer. ;'• Bureau by Federal contract bonds, payable to the City Tres••• laws, ei¬ of the or de¬ pres¬ enacted, the successful may, at his election, be bidder the the same be hereafter obligations of the city, and that the city has power and is obligated to levy ad valorem taxes within private under income tax Federal erty that the shall taxable ruling a by of character ent Federal ther bonds any prop¬ due event prior to the delivery of the bonds any all becomes the taxable valid and bind¬ prop¬ sum be are collected all on erty in the State, until said bond is fully paid, sufficient to pay the shall ing that stitution, The that the bonds for purpose, it is agreed that, within the limits prescribed by the Con¬ fur¬ with the Wood & York, stating suffi¬ revenues successful without -cost, of Thomson, To this bond, available of be Bill 1941, and interest, when sum funds sion will State Senate 20, passed Feb. 24, any, New State the Legislature, 1941 Regular Session, premium, if stipulated in said proposal. of Constitu¬ $50,000,000 of Internal Revenue bidder These authority the Act of an and each bid than'two be unconditional. with part a* dif¬ a more bonds will time accordance and considered the cost of be principal interest Rate The bid. one 1966. a Not the lowest to multiple of V\ A part of the issue may bid for less than par will be con¬ sidered and all proposals must be hospital bonds, WASHINGTON according to an opinion delivered Washington (State of) Tuesday by the Attorney General's to issue bonds in accordance with Large Bond Investments Re¬ Section 25 of Chapter 329 of the Department, Austin. The opinion was sought by ported—An Associated Press dis¬ General Laws of 1938 be sub¬ District Attorney John R. Shook patch from Olympia on Jan. 8 re¬ mitted to the Director of Finance after County Judge Charles W. ported as follows: The State's who shall report to the General Anderson at first refused to sign investment in bonds, $69,943,193, Assembly the result of his review $285,000 worth .of tubercular is the largest in history, State of such applications and his Treasurer Otto Case said today. recommendations with respect to hospital bonds sold by the Court Of the while the judge was absent in total," $36,684,183 is them. '' ■.. August on vacation. At that time money belonging to the six per¬ This section provides that no manent funds, including the per¬ Judge Anderson said that he was town, save under-certain condi¬ not sure the Court had authority manent school fund, which has tions, shall incur any debt which to sell the bonds without adver¬ $28,228,133; the university perma¬ would increase its aggregate in¬ tising for bids, and he reminded nent, $423,200, and the science and the assistance rendered. At pres¬ debtedness to an amount greater the Court that even though it had agricultural which together total ent the State pays five-elevenths than three per cent of the taxable such authority, it was to the best more than $4,800,000. of the SUR program and the cam- property of that town. The accident fund investment interest of the county to have munities the rest. Under the con¬ The Governor told the totals $15,747,300, teachers' retireLegisla¬ competitive bidding. templated system, it is understood ture that from 1932 to 1941 a sum The Attorney General's opinion nent, $423,300, and the science and .«&" that considerable number of so- in excess of $126,000,000 had been also said that there was nothing vested in Federal, state, county, called employables now on expended for public assistance in in the law to bar advertising for municipal or school district bonds chronic relief, the burden of this State, much of which "has bids. But bonds cannot be sold and warrants of taxing districts of which is paid in full by the cities been by direct contributions of for less than their 1 par value and the state amount to $7,694,120. — That requests of all ities 1, interest to be in for the payment of the bonds and TEXAS Jan. April the interest thereon upon this issuance. an all for City Treasurer's office. Hoffman Bonds Voted—At 1952, and $35,000 in 1953 Rate of interest to be in 1962. resolution seek the until $1,000. Dated Feb. 1, 1942. Aug. 1 as follows: $30,000 on Interest rate is not »fo ex¬ 4%, payable M-S. Dated April 1, 1941. Coupon bonds in $1,000 denoms., conyertibje ,into fully registered bonds of $1,000 and $5,000 denoms. Due $40,000 cient calling for nished, the issuance of $100,000 air base opinion land purchase bonds. The county from bonds. ceed payable F-A. Denom. therefrom Bonds Authorized—The until 1 p.m. (EST), 27, by Governor Mat¬ thew M. Neely, for the purchase of an issue of $1,000,000 road Jan. other in freesboro), Tenn. received Interest rate the night. The sale/to the bank was in reality a private sale but at the be on is not to exceed 2%, . iaccepted last bids for the purchase coupon refunding, $650,000 of State Bond Offering—Sealed bids will series of 1942 bonds. der. was E. Jan. 30, on must Then the Peoples National made James sealed receive will picture; relinquishing any claim to being the successful bid¬ the offer which — i-Zvf VIRGINIA jr-4- Virginia, authority of Bowen, City Auditor, states that a withdrew Offering more during Road Bond Amerdment and under Charlottesville, Va. the the WEST West tion VIRGINIA to firm ap¬ , sideration of bids. About this time Dickson voters and park bonds that were sold subject to the election—v. 155, p. 255. •' r of premium paid. To election the the 10 dollars the past three months. rate nue, question or March 1 in increased funds million one bonds Jan. on was issue on Pasadena, Texas Bonds held high bidder, the Peo¬ ples National or the R. S. Dickson firm Due 1972. to At this time the question arose as to who semi-ann. refunding been purchased by $131,000 4% proved the issuance of the $260,- long series of a by bonds building 3V2S. as Rock $125 premium. a concluded deliberations chased; $35,000; obligation interest Board the to of V..! . State Sold—The San Antonio. executive an 12 Hill 21/2% as x/. .V city council at session part v./. of Education is said to have pur¬ $5,000 in 1946 .. The Rock Hill "Herald" of Jan. follows: Bonds Na¬ Hill chased recently a $50,000 issue of reasonable ture * Investments of money in the six interest, the opinion ;; therefore, of them, espe¬ towns shall and accumulated added. Sold—The Bank sold annually, with provision for recap¬ properties on which taxes remain unpaid for a period of three years. cause Rhode SOUTH CAROLINA ac¬ to public inspection by its residents. open municipalities be soon as practicable. Units—A such would be paid by cities and towns. all ,, director of scope audits would be prescribed by the director and the expenses of them That RHODE ISLAND ? ; as the fiscal municipalities. ; this possible either by inde¬ pendent certified public account¬ year of City School District, Pa. Issue of excess That the accounts of all munic¬ v. Bonds Sold—An issue of to in assessment an of wonder, any Rock at the Tax Commis¬ That the present permissive ex¬ sold to the National Deposit were 01; This subject the towns today many Bonds Defeated—H. T. Kirchcially the metropolitan areas, are ner, City Secretary, states that the carrying, a financial burden that following revenue bonds aggre-' year by year drives them deeper and deeper into debt?" he asked. gating $925,000, were rejected by the voters at the election held on "They most certainly could not Jan. 15: $500,000 electric plant and meet the economic issues of post¬ system, $250,000 water plant, and war peace were they to come $175,000 gas system bonds. June. Although and ; it that the municipalities fur¬ balance in equal shares. nish the recommendations: Township (P. O. Brownsville), Pa. Bonds Sold—The $3,000 street improvement bonds approved by the Pennsylvania Department of cities Tv"Is State and sion Brownsville the Island." Tuesday,yanuary 20, 1942 & Raymond will of Cald¬ of New York, be required to pay the fee for approving the bonds. En¬ close the a certified check for 2% face value of the bonds of bid for, payable to the State. CANADA Canada Treasury of (Dominion of) Sold—An issue Bills $45,000,000 Treasury bills sold on Jan. 15 at an of 0.548%. Dated Jan. due April was average yield 16, 1942 and 17,1942. INDEX Paera 1941 Listings on NYSE Monthly Report on Governmental Corporations, etc.. nonrtit^n of Csna^ian B<mks.... 299 • 301 301 Preliminary Debt Statement of the U. S., Dec. 31, 1941 ; 302 Government Receipts and Expenditures 302 Treasury Cash & Current Liabilities 303