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M>li 1344
MONDAY
\al and
ommetciai an
Financial Chronicle
Reg. U. S, rat. Office
Volume
159
New York, N. Y.,
Number 4249
General
RAILROAD
Abraham & Straus, Inc.—Retirement Plan to be Voted
A
Special
consider
meeting
of
stockholders
proposed' retirement
a
retirement
at
65
age
and
has
for
plan
all
covers
been
for
called
employees
Jan.
25
who
American
The
completed
of
less
20
The
at
funding
times
of
The
service.
first
basic
The
according
employees
sisted it
of
3%
As
of
a
all
through a
one-half
of
of
1%
of
reports
company
of
the
under
on
plan,
Insurance
which
$46,000,
with
158,
benefit
five
p.
New
will
York
the
exceeded
$1,005,775
develop. &
incl.
New
for
Inc.
&
York
York
Boston
during the
1942 by 112%.
record
of
Net
Cincinnati
Detroit
69,357
352,438
334,508
95,690
84,613
413,899
104,907
Cr490
~Cr203
700,000
Cr2,261
$793,822
$3,860,056
$2,455,411
525,874
2,753,808
879,430
$245,847
$267,948
$1,106,248
$1,575,981
.
Earnings
4,514
7,298
Cr2,784
"Profits
until
$260,650
$1,109,032
$1.47
$0.34
30,
tax
and
1942,
purposes.—V.
write-off
after
158,
p.
of
foreign
Consolidated
Profit
for
"Based
General
Prov,
from operations,
profit
$2.75
(86,870
Stock
Exchange
376
Exchange.
investments
The
admin,
&
for
loss
on
expenses.______
doubtful
receiv.
Exchange...,
Net
profit
the
377
379
Financing
In
December
P.
Stock
Addition
to
insurance
Condition
Banks
16,044
21,279
21,679
for
Federal
income
+525,000
taxes
"200,000
$367,923
Market
and
"No
prevision
profits
taxes
necessary
of
$400,000
Statement
Bond
position
with Dec. 31,
value
$336,189
of
bank
of
Member
Banks
System—£
involved
for excess profits taxes,
tlncludes excess
(less post-war credit of $40,000),—V. 158,
the
of
is
the
large
gains
1942,
Dec.
on
directors
on
stock,
the.common
Jan.*21.
Distributions
May 1 and Aug.
—V.
158,
Jan.
p.
17
$5,
par
made
a
dividend
payable
during
Feb.
1943
of
1
were
15
as
follows:
preferred
B
been named Vice-President
and Comptroller and W. C. Stolk as Vice-President in charge of sales.
Mr. Sullivan has held various executive posts ,in the sales depart¬
ment.
Mr. Wardell became Comptroller in April, 1941. Starting orig¬
inally with the company in 1918, Mr. Stolk, who was made Manager
of the general line sales, succeeds C, H. Black, recently elected Execu¬
tive Vice-President of the company.—V. 159, p. 1.
division;
W.
J.
Wardell,
Comptroller,
has
Duff
Mr.
with
capital
Ide
1942
<
the
Oper. exps., taxes & int.
Prov, for income taxes.
152,549
181,779
recent
1,000,000
39,500
19,200
$773,281
$669,934
$876,699
2,963,112
Net
income
Previous oper. surplus..
tProfits on sale of sec.
transferred
2,977,021
241,640
fr.
of
11,715,558
$35.67
*1.50
the
of
Refund
of
221,592
1,250
'
$849,684
2,775,245
prior
directors
and
include
C;
A.
Frank
2nd, direct descendants of
includo
gingerbread
months
10
of
1943
mix
were
Assets
value, Knox Ide, President, announced
par
shares
will
be
from
used
time
to
properties and businesses'in accordance
expansion and diversification.
new
of
acquisition of P.
authorized
result
may
that
the
issuance
Among
Corp.
Duff
when
& Sons,
American
said
of
Inc.,
21,530 of
only
Products
Home
Mr.
Ide,
shares
expense
and
the
Coffee Refining
&
"there
to the
was
issu¬
negotiations
are
Therefore, we deem it
be sufficiently flexible
any time by the board of
at
incident
stockholders
acquired
Co.,
McKenna
committed
corporation
additional
to
not
commitments.
the
^during 1943 either for cash
Ayergt,
is
delay
of
the
companies
the
this time
in
capital
or
by
for
the
to
submitting
each
approval."
American
.
Home
Products
exchange of stock were: G. Wash¬
E. E. Bartos, Inc., Gilliland Laboratories,
Harrison, Ltd., Belle Center Creamery'&
Co., O. M. S. Corp., and Diamond Dyes.—V.
158,
p.
2574.
American Power & Light Co.—Denies Company Will
Accept Dissolution'—
L.
H.
Aller,
of
order
and
pending
in
,1—
$3,973,981
$3,760,108
$3,839,812
$3,624,929
164,803
352,299
15,082
the
in
the
that
the
U.
S.
to
the following state¬
which apeared under a
issued
report
There has been no change in tho
to* contest the validity of the
the review proceedings which are
Court of Appeals for the First Circuit
was
prosecute
Circuit
159, p.
the
dissolve.
which
and
and
company,
for
American Power & Light Co. might accept
and Exchange Commission, issued in Aug.,
company,
order
Boston."—V.
\
of
basis
no
Securities
the
liquidate
of
dissolution
______
was
Philadelphia date line
attitude
-73,537
President
"There
ment:
1942,
year's
tax__
which
permit
the
3,881
income
Federal
.'
109,273
capital stock tax
The
first
the
in
additional
policy
shares
directors- without
.1940
.___
conting.__
prior years'
Vice-President,
$1,072,526
o
for
reserve
Adjust,
2,885,523
Duff organization will
Chairman;
William
H.
is
is
Kitzmiller
A.
the company at
additional
shares."
pending
219,653
49,500
Home
Securities
organized in 1926, remained unissued.
ance
1941
$1,115,553
Duff
Treasurer.
same
acquisition of
company's
the
After
the
Inc.,
$891,213
the
special meeting, approved an increase of the
from
1,000,000 shares of $1 par value to
a
stock
that
stated
advisable
Calendar Years
$975,330
of
20.
Jan,
on
Cheese
and
American
of
approval
$2,737,000 in the full year 1942 and $1,613,000 in
profits before taxes in the first 10 months of 1943 were
net
shareholders, at
$7,356,941
1.62
<
the
Weibley
D.
concern
proposed authorization
interest-
105.
—
'
tLoss
has been made Vice-President in charge of the Atlantic
1942
$83.38
Account for
shares
'
to
against
Its
ington
Total
American Can Co.—Three Executives Promoted—
R. L. Sullivan
fill
158,.
baking mixes.
other
1,500,000 shares of the
as
$4,699,438 *$4,358,617
common
stock
1943
record
Feb.
1,
•
.
1943
10,951,919
stock
common
Dividends
2, 15 cents each; and Nov. 1, a year-end of 35 cents.
2037.
and
Edward
Capt.
the
of
time for the
:
—;
Income
cents, per share
holders of
to
1943,
"Deficit.
Co.—15-Cent Distribution—
declared
31,
invests., plus cash and receiv.
other than bank loans__A $18,591,357 $11,016,941
:
2,940,000.
3,660,000
dividends
A
Amount
The
to
board
,
loans
operations and a slight decrease in passenger revenue miles,
American Barge Line
the
Increase in Stock Approved to Provide for Expansion
follows;
as
was
of
as
30,000
W,
John
Secretary
and
several
1941.
,
Class
mail
in
of
$413,000, against $287,000 in the year 1942 ancl $89,600 in 1941,
total $1,355,000.
Corp.—Annual Report
corporation
John
President;
is
$3,826,000,
383
Averages—363
of
of
..
company's co-founder, and F. F. Tudor.
specialty products of the Duff plant
Sales
to
and express
according
to reports.
Mail totaled 26,163,969 pounds compared with 14,634,679
in
1942, and express totaled 20,976,790 pounds compared with 11,971,155 pounds in the previous year.
Revenue miles flown with
passengers in
1943 were 26.039,898 compared with 27,645,067 flown
in
1942.
The
company
pointed out that thousands of passengers
could not be accommodated.
Route applications for the future call
for 6,878
additional miles of domestic routes and 4,385 more miles
of foreign routes, the company stated.—V. 158, p. 2573.
showed
to
Co.—New Chairman-
Chairman
The
and
Exchange—.— 363
Balance, net assets avail, for class B
Asset values per share;
American Airlines, Inc.—Operations Show Gains—
1943
elected
issuance
unchanged.
Kitzmiller
383
________
Balahce, net assets avSil, for class A pfd. stk, $15,651,357
A pfd.
stocks at liquidating price, plus
accrued
Class
corporation'in
19
by the resignation of Roger D. Lapham.—V.
"Although
2246.
The
$1),
present management and personnel of the
Harmeier
Federal
—____
Class
p.
created
been
Corp.
2nd
Duff
less liabilities
Deduct:
17,600
"278,000
$361,637
Provision
has
above
continue
383
—
of
Statement
*_•
Reserve
and
financial
compared
289,929
reserves
1936.
Co.—Meeting Postponed—
stock, he said.
acquisition is subject
and Exchange Commission.
The
Clearings—_________ 380
American Cities Power & Light
The
$937,762
28,106
of
of
(par
,
Farley
transaction
Products
Transactions N. Y, Stock Exchange-_______ 363
90,979
300,893
series
stock
B
ciass
was
shares
shares
been completed for the acquisition by this com¬
P. Duff & Sons,/Inc., Pittsburgh, Pa.,
a
77-year-old food
through'an exchange of capital shares, it was announced on
by Alvin G. Brush, Chairman of the latter company.
The
of
,
390
of Bank
Course
Federal
400,798
$918,602
dividend
of
value
107,100
80,600
'
concern,
Jan.
18
and
1943
Condition
1
30,654
shares
market
by
1942);
American Home Products Corp.—Acquires Food Firm
pany
345
Reserve
$1,429,540
301,045
optional
$2,901,940
1237.
vacancy
The
$1,239,615
stock
In
2150.
p.
1941
__
—,
(119,383
meeting of stockholders was postponed on Jan.
because of the absence of a quorum,—V, 159, p. 105.
Edward
Section.. 380
Foreign Exchange Rates..—
for
j.~
....
_
stock
American Hawaiian Steamship
377
—
1
Depreciation of plants
Depletion of mines
A
annual
16
The
(Del.)—Earnings
$1,385,119
434,671
31,846
prices, the aggregate
1942).-. tRepresented
in
A
and
11,723,683
2,885,523
$25,997,272 $26,373,943
_____
1943
class
class
ls42),
158, p.
Feb.
377
i
—~
Stock
31,
8,058,265
11,637,024
serial
39,728
t7,594,440
3,726,744
376
:___
Exchange!
in
■
50,112
($10,835,123
of
$6,744
3,660,000
40,163
taxes
American Distilling
Exchange—376
1
$8,790
2,940,000
____
cumulative
—V.
Redemption Calls & Sinking Fund Notices. 381
Dividends Declared and Payable
381
$2.07
1942
$1,643,376
382,520
21,241
$25,997,272 $26,373,943
______
,
Dec.
on
$25)
(par
,
Gross
25,811
1,406
_____
$18,617,627
375
Transactions N. Y. Curb
1943
202,480
12,891
surpms
income
Total
authorized
6 Mos. Ended Dec. 31—
1942
58,497
receivable.,-
_______
surplus
Loss Statement
and
31.
stock
375
Exchange
Stock
Municipal
2245.
American Agricultural Chemical Co.
dividends
Capital
389
*$1,567,737
$0.32
from
375
_____
State and City Bond Offerings and Sales—
12 months ended Oct. 31, 1942, are after renegotiation
and Federal tax provision based on lower tax rates in effect
June
Federal
Exchange....
for
settlement
Dec.
1943
Earned
374
General Corporation and Investment News-
8,244
$241,333
share
per
of
was
$12,-
$25,924,479 $26,145,652
Capital
Miscellaneous Features
The
period
1940,
Negotiations have
assets,
for
basis
on
Dem- 31,-1942
Dec. 31,
______
Reserve
(Stocks).—_ 353
______
_______
profit
Page
.
Exchange
Stock
Combined
Net
at
payable and accrued expenses.—_____
Notes payable to banks, secured
Dividends payable
105,785
Cr 2,010
investments,
and
brokers for securities sold
394,576
27,734
86,422
exp.
oper.
;
Exchange—Curb
Over-the-Coimter Markets
at New York rates on
etC.'
Sheet,
and
374
Curb
Toronto
unrealized
cuirent
of
$7,306,851;
was
$18,526,349
Balance
374
Stock
Montreal
For
net
1943,
was
Assets—
Quotations
Exchange_._—
Stock
Philadelphia
foreign exchange loss,
.
depreciation
31,
1941,
"Investments
Exchange (Bonds)______ 364
Exchange—
369
Stock
Pittsburgh
taxes
from
Dec.
at
995,057.
in¬
209.
p.
unrealized
as
Dec. 31,
1941,
Los Angeles Stock Exchange..——376
$3,988,039
554,682
prof,
for
May,
company
Exchange.,.
Stock
Montreal
$4,731,503
$975,036
Stock
Cleveland
1943—12 Mos.—-1942
25,144
props.
&
income__^__
profit
the
net
sheet,,
$15,310,529;
Accounts
Exchange
Stock
Curb
Stock
Toronto
(estimated)
Reserve
Note—The
balance
Issue
St. Louis Stock Exchange
contingencies
exc.
since
which
Chicago Stock Exchange_—__
force
in
en-
amort.
oper:
disct.
This
Stock
New
years' of
214J.
Co., Washington, D. C.
insurance
of
1943—3 Mos.—1942
profits
rental
the 'systems
demands
:
$3,000
of
excess
death
and
65
age
in
$750
$800,529
Prov,
.Net
managing
enforce
Stock and Bond
com¬
<Including earnings of Canadian subsidiary only)
deb.
to
Employees earning less than
those earning more will con¬
plan;
to
increase
an
period End. Oct, 31
Int.,
been
unable to meet due to operating losses,—V.
159,
was
of
Addressograph-Multigraph Corp.—Earnings—
gineer'g,
Deprec. of
Government
Total
Assets at the end of 1943 amounted to more than $120,000,000, which
represented a $10,000,000 increase for the year.—V. 158, p. 1629.
Patents,
Chelian
in
Accounts
total insurance in force at the end of last year to
$514,000,000, the largest in the company's history, and exceeded by
$14,000,000 the goal set for 1943.
New insurance paid for during the
past year was $67,000,000, which exceeded by 50% the record of 1942.
oper.
the
government purchase of that com¬
Santiago and Valparaiso, Chile, for
Associated Press rispatch from Santiago.
an
tin 421,757 shares of common stock and
preferred stock of Central States Electric Corp.
§ln~
paid Feb. 1, 1941.
of
Due
brought
Net
and
for
salary
years
1%
and
compensation,
insurance policy.—V.
life
Acacia Mutual Life
1343
subsidiary,
In
—-Report—
year
to
struck
Baltimore
Tnis
6
shares
eludes $91,083
Liabilities—
times
salary
future compensation
employees
group
is
1%
year.
the
to
their
supplement
a
for
annual
$3,000
of
formula
one-half "of
contribute
not
annually
The
a
systems
has
Government
when
Co.,
Jan.
on
railway
subsequent purchases,
6,000
excluding the first five years.
is
$3,000
excess
provided
$3,000,000,
they have
for Service
benefits
proportionate
contract
past service recognized by the plan is esti¬
the payment required for the first year of
$150,000, which includes 10% of the cost of
of past service,
will
provided
street
to
as
Co., Inc.—Chilean Sub¬
the
service-credit
the
benefits
Copy
a
MISCELLANEOUS
•
Cash
at
in
and
full
Foreign Power
INSURANCE
-
years.
cost
annum.
service,
service,
and
on
tribute
of
placed
past
pensation
$3,000
women—with
$500,000,
years
service
for
is
Future
be
20
entire
mated
50
years
than
operation
per
and
men
a
pany's
years of service and are between the ages of 35 and 65, Inclusive.
The normal retirement age will be 65
except for employees over 55
at' entry,
for whom retirement will be after 10 years, or age 70,
whichever occurs first.
The plan permits retirement at earlier ages—
for
&
Chilean- Electric
signed
five
55
INDUSTRIAL
-
sidiary to Sell Properties—
to
It provides for
have completed
employees.
Price 60 Cents
Corporation and Investment News
PUBLIC UTILITY
-
Monday, January 24, 1944
on
ities,
Divs.
stock
CI.
A
sales of
conv.
optl.
stk.
tWrite-off
Balance,
of
A
series
in
on
as
basis
of
268,443
average
$2,885,523
$2,977,021
$2,963,112
A.. F.
Lafrentz,
Whelpley
of
Trustees.—V.
President,
Guggenheim
announces
Brothers
as
the
a
election
member
of
of
Medley
the
G.
B.
Board
of
157, p. 341.
266,188
American Telephone
709,782
$3,726,744
investments
§380,547
242,048
.
84,948
„
31___u._
to
162,288
cash
invest
Dec.
prices
class
div.
paid
^Computed
market
secur¬
net
on
American Surety Co—New Trustee Elected—
& Telegraph
Co.—Earnings—
Walter S.
book value, based on April 29, 1933,
acquired prior to that date, and cost
Gifford, President, reports that for the third consecutiver
year the gain in Bell System telephones has exceeded 1,000,000—the
gain for 1943 having been 1,234,000, compared with 1,172,000 in 1942
and
1,357,000
in
1941..',
At
the
end
of
the
year
there
were
approxi-
some
shortage of facilities.
The volume of long-distance
number
The
handled
calls
of
heavy.
telephone calls continues very
the Long Lines Department
of the
times the
by
for the year 1943 was 30% over 1*942 and was 2Va;
handled in 1939,
'
' *■
than 53,500 Bell System employees, are now serving .
in
declaring
interest charges for the 12
1943, were at the rate of 5.7% on average
vested capital—long-term debt and stockholders' equity—-as
with 5.5% for the 12 months ending Nov. 30, 1942. ,
A ■»
Court judgment "because it believes it to be the
worst decision that has ever been made in the history of -the- fight
for freedom of speech and the press."—V. 157, p. 2008.
number
More
armed
.
'..
.
m the
forces.
months
total in¬
compared
System.net earnings before
Bell
30,
Nov.
ending
American Telephone &
Earnings of
Period End. Dec. 31—
Operating
revenues
Operating
expenses
& excess
-™u,
profits
^Dividend
income
_
(net)
income
Other
6,988,000
9,600,188 ,28,976,000
40,846,000' 32,874,673 160,390,000
1,217,000
1,588,249 ; 5,167,000
L>r53,00Q
jDrl62,654 Dr384,000
r__
Interest income
43,900,456 194,149,000
6,111,517 24,244,000
48,998,000
income—.
Total
deductions
Interest
A
6,019,000
„
™_
_______
™™™_™_™
credit Tor the year 1942..
not import
did
-
"'■■?][■■■[ ■--%
Shares
15,000
'
Van Alstyne, Noel & Co.__
Beane^.2——-
ner &
.
Weeks_v__
11,000
&
,
3,000
3,000
3,000
Dempsey-Detmer &. Co.__
3,000
8,000
Hemphill, Noycs & Co,^_.;
Paine, Webber, Jackson &
Bond & Goodwin Inc.
8,000 '
Emanuel & Co.
8,000
Dominick &
opinion said:
%
„Y >',•'•.■%
be the case with respect either to other
or among
carriers or to consolidations of
'.
11,000
Co
Dominick
Johnston, Lemon &
3,000
3,000
Buckley Brothers.-___^____
Mitchell, Hutchins & Co._
14,000
Horhblower
Shares
Name—
Bingham. Walter'& Hurry
Grubbs, Scott and Co.__^_
Fen-
Merrill Lynch, Fierce,
may
carrier
'.motor
;
.'
Name—
Mead, Irvine & Co._„___
Robinson, Miller & Co., Inc.
2,000
Alien C. Ewing & Co
Andre de Saint-Phalle
2,000
r
3,000
2,000
Taussig, Day & Co., Inc.-
Curtis
7,000
Boenning & Co.x^j^a—-2.;,
Paul H. Davis & Co
.
.
follows;
as
are
kinds of:
transactions by
different
types of carriers there can be little doubt that the Commission is not
to measure proposals for all-rail or all-motor consolidations' by the!
standards of the anti-trust laws.
,V'<Y
,1'
"Congress authorized such consolidations becausif it recognized thatin some circumstances they "were appropriate for effectuation of the
national transportation policy.
It was informed that this policy would
be furthered by (encouraging the organization of stronger units) in the
187,582,749
24,548,855
Report*
1943—12 Mos.-
,-YY"/'%■%",'% Y•/,%/
Merger—
on
majority
"Whatever
5,000
5.000
Reynolds' & Co,™s»^_—.
,
2,000
&
Inc,;
4,000
Graham, Parsons & Co,™
4,000
Ryan-Nichols & Co
Kebbon, McCormick &: Co,
2,000
2,000
2,000
V 4,000
Francis I. Du Pont & Co.
2,000
&
Cohu
Torrey„;
Dickson
S.
R.
Boettcher and
industry.
And, in authorizing those consolidations it
the general policies of the anti-trust laws as a measure
5,000
:
& Co.,
Company™
Co.
;
4,000
Hayden, Stone & Co.
159, p. 210. ' .cy
—V.
permissibility.
It in terms relieved participants in appropri¬
ate mergers from the requirements cf those laws."
Y.
(B. F.) Avery & Sons Co.—Notes Called—
The merger plan was challenged by the Department, of Agriculture,
The company has called for redemption as of April 1, 1944 a total
••American Farm Bureau Federation, and McLean Trucking Co., Inc.,
of' $32,000 of 10-year sinking fund 5%
of Fayetteville,
notes due June 1, 1947,. at
N. C.r on the ground that it would eliminate "sub¬
1C1
and int.
Payment will be made at the Fidelity & Columbia
stantial competition" and the new company would "have no single
competitor" throughout the territory.
' -':*.-■
Y'%'%';/%% ;,';: Trust Co., Fifth and Jefferson Sts., Louisville, Ky„ or at the Guaranty
A
Trust Co., 140 Broadway, New York, N.
three-judge Federal Court at New York upheld an ICC order
Holders of any of the
called notes may, at their option, present,
approving a merger of the companies: into Associated Transport, :Inc.,
of New' York .City."' ■ :•
-r //•Is; ■.%•%',/% Y'Y/.Y';. and surrender said notes at either of the above- trust companies
The Supreme Court included in its decision an important pronounce¬
any' time before redemption date and receive 101 and int. to April 1,
ment on the relationship between the Motor Carrier Act- and anti-trust % 1944.—V.
158, p.. 1238..,- <%:■
■;Y. '
laws.
Justice
Rutledge,
who wrote the opinion, pointed out that
Congress over the. years has developed a transportation policy which
Bangor Hydro-Electric Co.—Capital Adjustment Pro"suggests
.that the policies of the anti-trust laws determine
•Omits Dividend—
'the public interest'
in railroad regulation only in a qualified way.
And in the Motor Carrier Act recognized that there may be occasions
The stockholders at the annual meeting to be held Feb. 8 will vote
of
•
their
;
.
'
1943—3 Mos.—1942
Period End. Nov. 30—
The
537,168
/v'v'
Consolidated Earnings
System
Bell
"
renegotiation.
^'ceedings.
.
Un(ienvritiHg--The names and addresses of the underwriters 'and the
respective number of shares of common stock to be purchased by each
ruled 7 to 2 that the ICC in
acting on a proposed merger of motor carriers may relieve the. com¬
panies from the requirements of the Federal, anti-trust: laws. •/ '
%'•Justice Rutledge delivered the
decision, which upheld a proposed
merger of leading motor carriers along the Atlantic seaboard into what
was
described as the "largest common carrier, of property by motor
vehicle in the United States."
Justices Douglas and BlacK dissented.
.3MTL891
149,049,318
6,858,372
42,979,000 $37,788,939
42,242,000 42,045,287
i.™™™
■
,
7
States Supreme' Court has
The United
t.,
'169,905,000^163,033,894
Dividends
168,478,000 168,181,146
Earnings per share.—
$2.29
$2.02
$9.08
$8.72
"After deduction of excess profits tax credit of 10% ,
Federal, taxes
for 1943 have been accrued at rates imposed by the Revenue Act of
1942.
tDoes nor include the company's proportionate
interest in
undivided profits of deficits of subsidiary companies.
JBefore reserva¬
tion of net income made in December, 1942, in , the amount _of $1,945,000, which represents the amount of the, unused excess profits tax
income
tNet
of the company's sales for the fiscal
five months ended Nov.* 30, 1943, 'is
In respect of the 1942 fiscal year, the
managemeht is, informed that no refund Will be required. - In respect
of the 1943 fiscal year and the five months ended Nov. 30, 1943, it is
—the opinion of the management that the net profit' as reported will not
be materially affected,
if at all, as the result of renegotiation proto
subject
,
Upholds ICC
52,62^,000 58,844,000
2,111,450
9,978,000 ... 8,973,867
*'2,5.59,000,
income
operating
Net
„
Y years
Court
Associated Transport, Inc., N. Y* City—Supreipe
18,713,164
12,102,000
taxes
taxes
Other
:
v
income
"Fed.
Telegraph Co.
1943,. partly estimated)
,1943—3 Mos—1942
,1943—12 Mos.—1942;;
$
;
$
■$
' $ ■■
53,904,000 56,962,900 209,607,000 199,441,190
32,255,000 26,538,098 118,030,000 100,485,432
for December,
(Figures
(2) The profit on a portion
1942 and 1943 and the
:
z
the Federal
appeal
1943, $25,989.
months ended Nov. 30,,
might consider the competitive ability "of an applicant for'member¬
ship, already is under temporary stay. The appeal, to be taken with¬
out delay, will stay it pending the highest court's ruling. \
; The Chicago Tribune,
one. of the defendants in the Government's
civil anti-trust suit against the Associated Press, said Jan. 19* it would
company
,
for year
30, 1943,
Notes—(1) Above figures do not include those of Canadian sub¬
sidiary.
Net income of such subsidiary (expressed in terms of Cana¬
dian dollars);
1941, $39,879; 1942, $50,441; 1943, $46,337, and five
ended June 30,
a
estimated post-war refund of $110,000
1943, and $55,000 for five months ended Nov.
deducting
tAfter
■
board of directors announced the step Jan. 18,
statement that "no newspaper, no press service can
operate successfully under a court injunction." •
.
The
judgment
(based on a two-to-one decision of three circuit
judges in the Southern District of New York) which would restrain
the
AP
perpetually from observing by-laws under which members
Association's
The
There are now
held because of
21,250,000 Bell System telephones in service.
700,000 applications for main telephone service
mately
Monday, January 24, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
346
'
.
'
-1942
it
.
-
420,350,836 382,259,714
Operating
revenues.
Operating
expenses. ,270,016,939
inc.
fFed.
taxes
profits
Net
Total
56,608,020
56,376,384
(net)
2,904,179
951,612
income
59,512,199.
12,731,712
..
57,327,996
12,887,052
46,780,487.
—
deductions.:
income.
Net
180,932,562
129,792,128
55,000,075
31,677,126
income.
oper.
JOther income
Interest
925,157,515
238,967,053
136,101,281
60,116,4-90
33,609,387
....
taxes
Other
239,206,129 1,031,881,628
excess'
&
1,635,246,469 1,452,715.473
44,440,944
216,833,268
7,321,365
228,296,507
8,628,006
224,154,633
61,176,234
236,924,513
51,706,608
172,978)399
§185,217,905
1,734,590
1,658,076
6,821,179
6,646,925
42,782,868
178,396,726
166,331,474
$9.53
$8.90
Tel.
&
—
Per
.
Tel,
Co.
$2.29
"Certain retroactive adjustments for taxes and other items made
during 1941 and 1942 have been distributed to the periods to which
applicable.
+Alter deduction of excess profits tax credit of 10%. Fed¬
eral taxes for 1943 have been accrued at rates imposed by the Revenue
Co.
Tel.
&
$2.40
stock-
earnings or deficits;
subsidiaries not
of net income
respect of the
p. 106.- ,
^Includes proportionate interest ;in
Electric Co. and all other majority-owned
(partly estimated).
§BeforA. reservations
made in December, 1942, in the amount of $4,312,786 in
unused excess profits tax credit for the year 1942.—-V. 159,
1942.
of
Act
Western
of
consolidated
Corp.—Retirement Plan Approved—
employees of this corporation has been
Commissioner of Internal Revenue and became effec¬
1943, the company announced on Jan. 14. The plan
the company's stockholders on May 3, 1943, and was
American Viscose
approved by the
Dec.
for
plan
retirement
A
26,
tive
on
was
approved by
submitted to
the company's employees. ,
,
'
intended to supplement old-age benefits under the
Act, and provides for a retirement income for
employees who reach the age of 65 years.
If any employee wishes,
he may retire before reaching the age of 65, but the income payments
are lower if he retires at an earlier age.
:
AIL employees between age 25 and 65 who have completed two years
then
The
plan
is
Federal Social Security
are-eligible to become members of the plan/ Benefits
the plan, together with Federal old age
designed to be equivalent in typical cases to
'of the employee's average earnings multiplied by the number of
service
of
contributory
kinds of
of
pro¬
benefits, are
approximately 1 Vi %
by-
vided
years
,/:' ' •:•
'.%■/.
membership.
provided. Retirement income
for service after the plan's effective date IS to be purchased under a
group annuity-contract issued by the Equitable Life Assurance Society
of the United States with contributions by the employee members and
the corporation. Pensions for service prior to the date the plan became
effective will be financed entirely by the corporation under an irrevoc¬
able trust with J. P. Morgan & Co., Inc., as trustee.
Under the retirement income plan the corporation contributes one
and
one-quarter times the amount contributed by each employee.
Employees contribute 2%. of the first $35 of weekly earnings, 4% of
the next $25, and 6% of earnings in excess of $60 per week.
In addition to the above provisions, the corporation is financing at.
its own expense pensions for employees who were 65 years of age Ol¬
Two
retirement benefits
are
.
iver
the date .the plan became
on
effective.
Develops New Staple Fibre—
corporation
The
into
fiber
practical
schappe
on
19 announced
Jan.
as
silk,
American Water Works &
the successful development
viscose rayon staple
This fiber, to all
is
Electric Co., Inc.—Output—
this company for the
kwh., an increase of
output of 80,072,300 kwh, for the corresponding week
output of the electric properties of
ending Jan. 15, 1944 totaled 84,498,000
week
5.52%
of
%%
of principal and Immediate
cotton system mills and the spun silk or
spinners,—V. 159, p. 106.:
:' <
;
,
; ...
A
purposes as fine
to the fine goods
Power
over
1943,—V.
the
159,
157,
p.
209.
.
'
company
was
fined
given jail sentences Jan.
conspiracy to defraud
of
and
sale
of defective wire
Co.—Convicted of Fraud—
$10,000
and four of
on
Dividend—
Co.—Weekly Output—
report for the week
Associated Gas &
Electric group was 144,842.197 units (kwh.V. This is an increase of
11,912,435 units or 9.0% above production of 132,929,762 units a year
ago.—V. 159, p. 210.
Jan.
14,
1944,
net'
electric
output
of
Associated Press—To Appeal Court
the
suit
was
Decision—
in the Government's civil anti-trust
against the Associated Press, non-profit news co-operative, which
handed down Jan, 13, will be appealed to the U. S. Supreme Court.
Federal
court
judgment
.
The company had been
:
paying 30 cents, a share each quarter on
the
Y.. ■'*'■;■
stock.
$0.75,
$0.70
and
$1
respectively,
share,
per
for such
during the six months' period ended Dec. 31, 3,943, was
two dividends each of $0.15 per share.
Proceeds will be used to increase its-working capital
general corporate purposes... v.
%
..." :%•'%%>■'.'
(Giving Effect
Capitalization
and. for other
V:
dividend
' '
;
*
rfY'".-,
•'••y ■. '• - •
1943,: the 141,562 shares of the company's
then existing
common
stock (no par > were converted .into 283,124
shares of jnew common stock (par $1), without reduction or increasein
the assets of the company, and without any ultimate increase of
the
capital or reduction of the paid-in or earned, surplus.
As at
Dec. 31,
1943, holders of an aggregate of 52,376 shares of the no
Note—Effective
par
of
Oct.
value common stock had exchanged
stock of a par value of $1,
no
value common
to make such
par
of
common
The
transfer agent
for the common
and the registrar is
for each share of
*•''
* •
Earnings for Stated Periods
Nov.
•,
(less returns,
etc.)
Cost, of sales
Selling, gen. and admin.
Net
Other
Co.,
Net
Prov;
.
Fed.
$1,210,996
23,085
$1,187,911
$697,93']
on
♦Including dividend from
the common
March
11.
\
stockholders received 30 cents per
cents extra on Dec.
Briggs & Stratton
C.
L.
■
Dividend—
per share
of record
share each
Jan. 17 declared a dividend of 37% cents
stock, no par value, payable April 1 to holders
Last .year
quarter, plus 30
47,31
Coughlin,
20.—V. 157, p. 1360.
Corp.—Renegotiation Completed—
President, in a letter to the
stockholders on Jan. 10
stated:
and
covering business for the year ended
Dec. 31, 1942, pursuant to Section 403 of the Sixth Supplemental NaticmaPDefence Appropriation Act, as amended, the company has agreed
with the War Depar,?, "mt Price Adjustment Board to refund $3,400,000, less credit for .
' income and. excess profits taxes. The
"Under
taxes
income,™
%
Sons—To Pay Larger
The directors on
$745,305
$934,724' $1,685,921
inc.
profits
(est.)
Net
$1,716,931
.31,010
7,939
agreed on the price
the Wisconsin Cheese Exchange at
the defendants
159, p. 210.
(E. J.) Brach &
$696,"41
48,964
$942,663
.
■
Plymouth, Wis.—V.
•
391,750
$1,110,041
*100,955-
Y_
profit
for
430,569
474,184
to
it.
Government charged that
of cheese at weekly meetings of
-
$925,785
$1,033,493
16,878).
-80,438
deductions—
income
etc.,
200,570.
$7,149,845 *$5,539,600
5,609,235
4,451,500
price
products.
obtain bulk
new
The
:
6,852,306
two
price set by the Kraft Cheese
after it revolutionized the market by in¬
They said they were forced to meet the
cheese, but were in no position to go
caused by the high
of the defendants,
one
troducing
above
$8,962,983
charges'of jointly
reports.
they offered
bulk cheese was
for
Kraft
*
Co.—-Acquitted on Government Charge—
13 other corporations and 12 individuals have been
company,
by a. Federal court jury at Chicago of
controlling the price of brick cheese, the United Press
The
defendants argued that the similarity in prices
^
1
-
——*__
The
acquitted
1941
1942
1943
$4,546,761
3,420,406
-
Borden
'
Years Ended June 30——
30,
.
from sales
income
Gross
Int.,
—
profit
■
(Inch Domestic Subs.)
1943
,
expenses
•
to unlisted
5 Mos, End.
.'v.
•
,
Bank of New York, New York.
of the company is admitted
trading privileges on the New York Curb Exchange.
819.
Corp.—Record Production—
The January issue of the "Bethlehem Review" contains the following':'
"Bethlehem's war-time production of steel for the year 1943 set an
all-time high in the company's records,, with an output of 13,000,000
tons of steel.
This exceeded the previous' top, reached in 1942, by
over
500,000 tons.
Other new major records by Bethlehem were:
Steel plates, 1,938,952 tons;, alloy steels, 1,661,387 tons; steel forgings
for ordnance, ships, aircraft, etc., 300,325 tons."—V. 159, p. 210.
Bethlehem Steel
stock is Bank of the Manhattan
stock
V;
594, 498; V. 152, p.
pp.
stock.had.not made such: exchange ,and. are
the basis of two
common
advised stockholders recently.
During
of planes delivered by the company to the
227% over deliveries for 1942.—V. 158,
n
% "
President,
'
but holders of 89,044 shares of
exchange at any time on
stock of the par value of $1
stock of no par value,
'
: >
entitled
shares
their shares for 104,752 shares
,
in excess of $250,000,000
least the next two years,
Belding-Corticelli, Ltd.—Extra Distribution—
: % '
/.
The directors have declared an extra dividend of $2 per share on
the .common stock, no par value, payable March 1 to holders of record
Jan, 31.
A similar extra'distribution was made on March 1, last year.
Regular quarterly payments of $1 per share have also been made on
; \ this issue up to and including Jan, 3, 1944.—V. 157, p. 341; V. 155,
26,
common
Beech,
1943, he said, the number
armed
services increased
p. -'1526.'
—
.
H.
Walter
■
67,592 shs.
*51,307 shs.
Commpn stock
(par $1)_
-41,000,000 shs.
433,124 shs.
Exclusive of 10,669 shares held in sinking fund for retirement of
preferred stock and 554 shares in treasury of company.
> ,
•
,tOf which 103,722 shaves are reserved for. conversion of preferred
stock, calculated after deduction of shares so reserved attributable
to
10.669 shares of preferred stock held in sinking fund-as-above
$20)
Corp.—Backlogs Heavy—
corporation has a backlog of orders
will require capacity operations for at
which
•
Outstdg.
Authorized
preferred stock (annual
$1.25^—par
Beech Aircraft
The
to Present Financing)
:
Cum. conv.
7
-V'-%
Y "Y.;Y,/;
dividend of 30 cents per share en
usual semi-annual dividend of 40
oh the class A common stock, par $20, both to holders
of record Jah, 12.
Distributions pf 40 cents each were made on this
issue on Jan. 13 and July 12, last year.
,
*
...
of
cents per share
years, and
equivalent to
i.,; -.';'
on Jan. 13 paid a
accumulations and the
company
account
paid
dividends
of
record
The
•-,v;//'•/Y/YY' ■" ,'Y"
during the three fiscal years 1941,
1942 and 1943 on the common stock, after giving effect to the con¬
version of the common stock into two shares of $1 par value common
stock for one share no par value common stock, was equivalent to
The
excess
The
it
the preferred
the reguar dividends on
Dividends—Company has paid
'. stock .since- issuance.
f
Jan.
Associated Gas & Electric
the
The stockholders were told that the necessity of future extraordinary
Noyes & Co., and Paine, Webber, Jackson & Curtis. The
charges to earnings or earned surplus will have been eliminated by
stock was priced to the public at $11% per share.
the recommended balance sheet adjustments if the plan is approved.Company—Incorporated in Massachusetts in 1925;
Is one of the
This should, he says, permit distribution in common dividends of a
largest manufacturers of plywood packing cases in the United States.
substantial part of earnings after preferred" dividend
requirements.
Plywbod ' cases,
which combine extreme 'lightness: in . weight' with
.Adoption of the pian will result in balance sheet statements consistent
strength- and
resistance to rough treatment, are adopted both to
with present day
utility accounting practices, leaving the earnings
domestic and export shipments.
While some of the items '.normally'
; of
future years unburdened by amortization charges and available
shipped during peace time1 in the company's packing cases ha.ve been
', for,, common, .dividends.. ' "
curtailed, nevertheless, the company's business has expanded because
It is the present intention of the directors to effect the redemption,
of
the requirements for packing cases in which to ship materiel for
in 1944, of at least $1,000,000 of senior securities of the company^
the Army, Navy, Air Corps, Signal Corps and other war- agencies, "7
The resulting savings, Mr. Graham says, will reflect some additional
The last few years have seen
the development of water-resistant
net
earnings available to the common stock.
adhesives and their application to products of the plywood industry,
It
is
the opinion of
the officers and directors, stockholders are
Also,
the
company
has developed processes for treating wood to
informed,. that to preserve common stock earnings, the adjustments
render it highly resistant to' the attacks of fungi,
rot, insects, etc, ,
//should be made via capital restatement in preference to an amortizaBecause of these and other recent developments in the plywopd field
tion program.—V. 159, p. 2.
It
is expected the company's products will enjoy a substantial post¬
war
demand.
Company -does
not anticipate: any sferious post-war
Bank Shares, Inc.—Pays Accrued Dividend—
reconversion problems.
;/,%%; v,"-Y;%Y. Y'%
The trustees of Associated Gas & Electric Corp.
ended
president E. M. Graham in a letter to stockholders,: points out that
common dividend normally paid Feb. 1 has been passed and that
is the present intention of the directors to pass the May 1 divi¬
dend/
It is the hope of the officers and directors, however, he states,
.that
sufficient earned surplus will have
been accumulated during
the first half of 1944 to permit the resumption of a common dividend,.
the
amount and
date of the declaration depending upon earnings.
v.:
Pierce, Fenner & Beane, Horn blower & Weeks, John¬
ston, Lemon & Co., Dominick & Dominick, Hemphill,
its employees were
15 paid a dividend of $1 per share on the
capital stock, no par value, to holders of record Dec. 31,
Payments
last year were as follows: Jan. 15, April 15 and July 15, $1.50 each;
and Oct. 15, $1.—V. 158, p. 1526.
company
:
Corp.—Common Stock
150,000,
par) was made Jan. 17 by a banking group headed by
Van Alstyne,.Noel & Co., and including Merrill Lynch.
13 after their conviction by a Federal jury
the Government through the manufacture
and cable.—V. 158,. p. 1238.
Arlington Mills—Pays $1
the listing of
1963.—V. 159, p. 2,
;
Gross sales
The
value
par
authorized
bonds, due Nov. 1,
a
surplus of $2,172,160,
Offered—Offer¬
additional shares of common stock ($1
Atlas Plywood
Co., New York,
.
Anaconda Wire & Cable
has
Exchange
Stock
York
New
proposed plan for restatement of capital by creation of a capital
equal to $10 a common share, by changing the
of the 217,216 common shares from $25 to $15 a share.
:The
$2,172,160 surplus thus created/ together with $246,079, the
earned surplus as .of Oct, 31,
1943, provides $2,418,239 essential to
accomplish the proposed balance sheet adjustments.
"
on
Railway—Listing—
Atlanta & Charlotte Air Line
The
Listing—Common
The
p.
•
stated.
>■//;•
commercial application. of a new very fine
of
the
"Avisco"
or
extra-strength type.
interest
public."—V.
harm to
trucking concerns may result in
1046.
between
ing of
stock. 45,045,897
share—Am. Tel.1
public
by
the
<'■'
competition
when
$15,000,000 first mortgage 3% %■
Applic v to stocks of
subs,
consol, held
Applic. to A-mer.
,
.
f685,000
11,175,000
-
555,000
177,803
'
$520,136
Canadian suvsrhary in amount of $68,46"
$249,724
$510,921
$632,911
renegotiation proceeding
Volume
net
159
effect
taxes,
Dec.
is
the
refund,
reduction
1942.
$1,783,898,
THE COMMERCIAL & FINANCIAL CHRONICLE
This
of
after
credit
$713,172
reduces
for
income
'
'
Sales,
'
I
■
•'
1
2040.
p.
1
'■
''
of
Cost
that
date
The amount
amounted
to
r———
borrowed from banks at
discounts; returns &
of
balance
of
assets
to
stock amounted to
The preference stock
outstanding
titled
in
dend,
liquidation
or
to
$55
pref¬
outstanding
erence
:
:
shares, is
share
accrued
and
$17,663,017
$9,467,565
issued
3,742,978
3,121,347
2,557.635
The
Co., Ltd.,
1;
1,619,323
tl,408,920
975,360
$11,326,038
$13,132,749
$5,934,570
142,582
80,424
8Q.301
—4__.—$11,468,620 $13,213,173
$6,014,871
profit
.
—
Total
■
;
:v'. '.':
••
18,'409,300
stock amounted
Prov,
'
•
$16,189,437
for
Fed.
exo.
for
Fed.
of
for
State
profit
of
minor,
876,325
value
par
Canadian Food
stock
common
of
Products;
Muirheads,
share of Canadian Food Products stock.
this offer may be made at the Trusts &
Toronto, Ont., Canada, or or before Jan. 28.
■
and
lieu
of
non-dividend-bearing
fractional
capital
shares
share
of
no
which
on
per
one-
a
authorized
50,000
per
Guarantee
Warrants
fractional
will
be
shares.
Canadian
of
value,
par
regular
Pood
of
Products,
which
Ltd.,
Products operates Honey
are
now.
of
rate
shops and
Dew
consists
shares
27,931
quarterly dividends at the
paid since July 2, 1940.
have been
annum
Canadian Food
$2
restaurants
1,209,203
prof.
income
subs.
various
cities
throughout Canada and in addition owns all the
outstanding capital
stock
of
Industrial
Food
Services,
Ltd.,
and
Woman's Bakery, Ltd., and also owns a
majority of the outstanding
common shares of Muirheads
Cafeterias, Ltd.
Industrial Food Service
675,358
469,039
to
applic.
cos.
474,019
536,301
■;
:
;
21$,451
and
16
and
br2,535 * ':".v* 5,584
-■'
plants
.
.
cafeterias
operates
'
taxes
int.'
-
in
no
under
outstanding,
taxes—§4,802,933 \§5,423,097
taxes—1,490,038 f, 1,999,477
income
Prov.
Net
•This is equivalent to $103.84 per share of preference stock.'-''-)'V'
tThis is. equivalent to $2,16 per share, on, 7,489,483 common shares
outstanding.
'■' K;.,.,t.;;.vo-vt 1
925,620
——w—_
_
Prov.
(The balance of, assets applicable to outstanding common
value capital stock of
par
of
in
income
Other. deductions
.
no
share
Non-voting
$34,598,737
en-
divir,
total
a
53,697,745
gen,
Other.;- income,
-
of 333,200
per
65,433,786
$16,688,339
profit
adm. exp$,
Depreciation ——:—
Sell,,
,
$39,098,737
4,500,000
_
%ck int. amounted to
applicable
Deposits
'80,952,987
Gross
N
each
twenty-fifth of
$97,641,326 $83,096,80$ $63,165,310
—;—
share of
one
For
al¬
sales, exclusive of deprec.—
Operating
"The
of
Ltd., and
Sept. 26, '42 Sept. 27* '41
.
1943, prices for Investments, the total net
corporation (before deducting bank, loans)
the
less
Oct. 2, '43
lowances
''1.* ;
'
Dec. 31,
on
on
Burlington Mills Corp. (& Subs.)- -Earnings—
Years Ended-—
'
■■
assets
profits
excess
net profit for the year ended
profit for 1942 to $1,070,726 from
net
previously reported."—V. 158,
as
and
in the
the
Blue Ridge Corp—Annual
Report—
Based
347
'
of
a
31,
Number 4249
other
and
undertakings,
retail
stores
in
food
services
Woman's
in
number
a
Bakery, Ltd,,
157, p. 2445,
Toronto.—V.
7,179
of
industrial,
a
bakery
operates
.
1'
Net
Cam.da Northern Power Orp., Ltc!.-Earnings—
profit before special credit &
12 Months Ended No'V. 30—
•
special charges
"Special credit,,—
Income Account for Calendar Years
"■■•••
'1943
tpividends
Stock
$1,766,916
dividends
$1,924,791
i
76,792
1940
$1,651,385
$2,055,230
—__'
5,063
.
Interest
1941
1942
114,377
1116,780
1127,285
§116,570
$1,853,147
$1,954,132
$2,147,523
$1,849,703
>274,268
,293,819
298,788
income.-
.
profit after special credit
Net
income
——_—■■.
Expenses
Interest
bank
on
•
loans
92,350
.
Taxes
-
_
93,316
99,842
$1,462,211
$1,580,022
—
—L_
V
$4,372,388
of
stock
earnings
Purchased power,
300,000
$3,372,388
$3,373,559
240.139
229,473
1,745,893
1,056,670
.
stocki_a.___™.
stock
common
operating,
ma int.
S3..97
S4.68
1942
$4,575,037
$2,161,120
taxes_L.
&
$2,255,553'
.—■-ii-L.-.
Canadian
Pacific
earnings
—V. 159, p. 211.
$4.87
2,319,480'
106,
Railway—Traffic Earnings1944
Traffic
660,169
..
earnings
159, p.
Week End, Jan. 14—
1,163,598
659,969
.
Net'
•
—V.
213,672
,
870,288
share
per
21,571
pfd.
common
on
shares
Outst.
Earnings
20,295
1943
$4,236,929
2,075,808
Gross
$3,673,559
1,000,000
■———
$3,778,457
cumul.
on
Dividends
;
=.,;
$3,437,654
235,904
—_
$3,778,457
charge
profit
Divs.
Total
—-
81,749
205,263
Miscellaneous
Net
(Special
65,008
$4,372,388
"
' V—
■
12,561
$3,778,457
—
1943
$5,170,000
$4,727,000
•_
"Adjustments of prior year Federal tax
"Net
income
Dividends
$3
"Exclusive
of
in
1,000,474
1,020,700
1,061,226
$0.03
$0.15
$0.56
loss
the
on
sales
of
securities.
the Second
after
deducting
with
"Accounts
and
sale
by other corporations of capital stock of
Newport News Shipbuilding <fe Dry Dock Co. J Underwriting participations (net).
::
I -.■',r A: : -'v >'.y'■
•>'
■
,'";1
;
$722,849;
accounts receivable
kers
securities
for
699,499.
1
Balance Sheet, Dec. 31, 1943
-.>v:
Assets—Cash,
and
sold,
$94,660;
-
,
investments,
accrued expenses, $40,113; provision for Federal, State and city taxes,
$101,777;. preference stock (333,200 shares, no par), $8,330,000; common
stock
and
Notes
and
$4,985,813; total, $35,699,499.—V. 153, p. 2247.
trade
acceptances
inventories
value
Ronald R.
has
President, announces that Charles O. Guernsey
position as Vice-President of this company. For
at the request of the Ordnance
serving in
an
administrative capacity .with the
his
20 months Mr. Guernsey had,
Department,, been
Philadelphia Ordnance District.—V.
157,
p.
life
(sundry)
dividend
A
1943
Nov.
of
25
cents
payable Feb,
were
1
share has been
per
the
declared on
Feb.
1, 50 cents.—V. 158, p.
1631.
,J
,
^
Corp.—SEC
Issues
Dis¬
Report
The
SEC
&
Minority
order
an
disapproving
plan
a
York,
New
Commission
the
to
of
and
for
plan,
Court
the
referred the
and report.
examination
'
• ;■
The report of the SEC on the proposed plans of reorganization states:
This is an advisory report on an amended plan of reorganization
dated
Nov.
30,
of
number
Exchange
1943,
proposed
amendments
the
Corp.,
by
Harry
Forsyth,
and
trustee,
on
proposed by parties in interest in Broadwayof the office building at 61 Broadway,
,
owner
-New York City.
".-'Y''":;■■
■■■■■■<:
■
opinion,
our
plan, would
the
.
The
the
principal provisions of the trustee's plan, as amended by
trustee after, the conclusion of the plan hearings, are as follows:
:
Distribution of Cash and Securities
■
classes of securities
Two
to
are
issued
be
the
by
;
to
are
distributed
be
of
$1,000
a
;
,
-y^
is
certificate
in
addition,
be
made
to
receive
a
$500
will
The size of the cash distribution
amount of funds available after
payment.
the
small cash
a
depend
upon
paying priority claims and expenses of reorganization and providing
for working capital of $100,000,
The balance of 2,125 shares of the proposed stock is to be dis¬
tributed to holders of the present second mortgage bonds./ Each holder
of
$1,000
a
second
bond
mortgage
is
to
receive
a
voting
trust cer¬
claim.
tificate for one share of new stock in full satisfaction of his
Stockholders of all
classes
to be
are
reorganization.—V.
157,
excluded- from participation
988.
p.
■'
560,582
in
1,400,000
14,819
116,160,650
870,288
14,850,009
7,562,986
^
for
reserve
discounts
$82,324 in
of
1942.
$7,543,965
in
(After
for
reserve
$6,718,360
in
1942.
158.
$50)-V.
13.43,
p.
interim
An
and ' $4,433,952
1943
no
dividend
of
cents per share has been
10
declared
on
par
and Dec.
15, last year.—V. 158, p. 1631.
■
.
■
■
..
;
....
•
;
has
until
postponed
been
Feb.
17,
dividend
of
15
share has been
cents per
declared on the
California Ink Co., Inc.
Years Ended
from
receivables
on
1941
43,655
36,441
9,342
19,153
$238,582
$443,779
600,509
432,462
goodwill,
$839,091
$866,241
$849,935
253,654
193,260
etc.
.
.
at
less
balance
meeting
a
above),
in
of
96,630
96,630
$2.47
$4.59
board
of
surplus,
Balance
S.
common
extra
stock, payable Jan. 28 to holders of record Jan. 15.
payment
was
made
on
the
same
date
in
preceding
demand
Treasury bonds
Customers'
directors,
Oct.
1,
Nov.
1939,.
20,
on
the
A similar
years.
Prior
expenses
income
Concentrating Co.—
.
;
$60,908
■
-
26,932
42,562
49,592
89,502
_'_____
.
the
common
Feb.
2.
In
stock,
declared
p.
par
preceding
$2.50,
of
12(2
payable March
quarters,
of 25 cents per share.—V.
31,
the
company
158, p. 1031.
The Commercial and Financial Chronicle
cents
per
share
44,729
to
holders
of
paid
regular
dividends
1
record
record
made
by
record
record
previous
hulls of
constructed
164
LST's,
various
in
)
this
S.
U.
Steel
of
monthly record production
established by company plants
was
Ind.
At
the
same
Gary Works
the
at
Works
at
time
the
36-inch
No.
slab
at
blast
3
mill
Ohio,
Youngstown,
the
and
topped
their
158,
1031.
p.
amount
value
per
with
compared
preference
$12.61
620,565
depreciation
•585,437
$2,604,655
96,630
of
on
Dec.
$823,006
$2,399,597
shares
of
no
in
1943
par
share
31,
as
of
1942,
Dec.
Account
'y^:-
1943
1942
$172,513
$180,297
expenses—:—26,715
25,748
4,933
income
'
and
general
for Federal
income
taxes
6,482
5,700,
5,251
Net
income
_—_A———A—
$137,434
100,000
$127,538
100,000
"
Note—Profits and losses on
the disposition of investments were car¬
directly to capital surplus,
;
.
Sheet, Dec. 31
1943
■'Assets—
Cash
in
bank
Investments
and
on
and
$786,054
value.—V.
156,
2188.
1942
$39,428
hand
" ———:—,—-
'
4,161,574
$10,475
4,101,637
1,984
1,655
$4,202,987
Prepaid and deferred charges
$4,113,767
Liabilities—
"
payable to bank, secured, due on demand*
for securities, "when issued"——
Commitment
pref. stock (stated value
Common stock ($1 par).
surplus
stock
215,116
$375,000'
"
——_
Conv.
Common
$175,000
11,555
9~537
$10 per share)
2,000,000
2,000,000
915,736
915,736
1,787,425
—T
—-——-—-—
net
in
income—,
treasury
(606,034
1,831,973
507,103
534,642
shares)___ Drl,481,034 Drl,48l,034
This
of
corporation on Jan. 5 offered to acquire the outstanding stock
Muirheads Cafeterias, Ltd., on the following basis;
each share of. Muirheads
preferred -stock, par $10, one-quarter
For
Total
-V.
158, p. 482,
—
-
:
$4,202,:
,p87
$4,113,767
(Reg. U. S. Patent Office) William B. Dana Oompany, Publishers, 25 Spruce St., New York 7, N. Y„ BEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
William Dana Seibert, President; William D. Riggs, Business Manager.
Published twice-a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other
offices: 135 S. La Salle.St., Chicago 3, 111. (Telephone: State 0613), in
charge of .Fred H. Gray, Western Representative; 1 Drapers' Gardens, London, E. Cs, England, c/o Edwards & Smith. Copyright
.1944 by William B, Dana Company.
Reentered as second-class matter February- 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and.
Possessions, $26.00 per year; in Dominion of Canada, $27.50 per yeax; Sont&r and Central America,
Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia,
Australia and Africa, $31.0Q per year.
NOTE: On account of the fluctuations, in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
31,
$16.10
and
1943..'.
Years Ended Dec. 31—
Provision
the
below
was
of $575,663, as compared with
June 30, 1943.
1942, and $563,458 on
asset
net
$16.12,
securities
market value of
the
aggregate
1,632; 000
1,632.000
Canadian Fond Products Ltd.—Makes Stock Offer—
on
steel
coke
1943,
the
indicated
Capital
dividend
the
the
company
new
a
of
Gary,
McDonald
in
Undistributed
a
production
new
a
tops
being
now
Accrued' taxes
by
set
to build
28,609
1
for
Calif.^—
$2,399,597
30,790
i_
——
(Represented
&
Trust
v..'
Dividends
1
;
:Tr""r.
.
$160,627
:
allowance
for
bondholders,
Francisco,
Taxes, other than Federal income——
8,977
Interest on notes payable—4,031
35,742
40,582
Dividends Cut in Half—
directors have
Dec.
was
Notes
1942.
are
overall
records
at
Administrative
1,100
taxes—
(
Co.
721,944.
698,099
,
___________
taxes
surplus
"After
Tiie
...
34,960
balances.—.
Total
in
tons
and
mill
June 30,
'Total
60,063
profits taxes
(Capital- stock
Earned
In
which
Balance
credit
Sugar
National
San
This
1943.
tonnage
1
payable
years
December
value
The
1943,
869,452
$2,604,655
Customers'
the
$1,206,897 on Dec. 31,
358,385
______i_—,■
share up to and including Dec. 1, 1943.—V. 157, p. 216.
Bunker Hill & Sullivan Mining &
;.
etc
excess
Liabilities—
addition, the company has paid regular quarterly dividends of 50 cents
per
60,063
473,827
i—_—
'..Total
Accounts
by .the
America
St.,
corporation
during
extra
Income
37,118
Federal
this
tons
craft
to
Pa.,,
mill
of
ledger
$319,051
receivable
notes
equipment,
Trust
including
Caribbean
Central-Illinois Securities Corp.—Annual Report—
1942
$279,001
Investments
of
of
:
that
ingot
1,150,000
As
$371,672,
balance (as
1,014,864
refund
be submitted
Bank
Montgomery
Sheet, Sept. 30
Inventories
"Property, plant,
Prepaid expenses
of
previous monthly marks set in November 1943."—V.
1939,
$185,775;
deposits
—
accounts, and
it
to
and
1, 1941, to an amount sufficient
deposited with the trust company for
the
to
sale
.
Bankers
the
will up to
Aug.
also
may
300
through
Y.,
N.
18
on
and
the
due
bonds,
by enough
addition
"During
$3.54
19.43
hand
for
Corp,,
York,
best
$185,898.
on
re¬
.
96.630
$2.26
the
deprecia-,
non-current
No.
$422,462
96,630
paid-in
New
$100,000
Tenders
their
landing
"Rolling
$600,509
$585,437
•
ized
and
furnace at the Clairton Works and new No. 2 blast furnace at Duquesne
Works set
new
monthly marks.
"Brands, formulae and goodwill ($303,000 included in initial value
of
capital stock at formation of company; $63,673 subsequently ac¬
quired for stock and $5,000 for cash), written down to $1, as author¬
Federal
of $1 per shafe
241,575
265,733
■1
$602,565
of
sum
announced
Clair ton,
"185,898
,
of
tank
over
and
Sept. 30—
stQck out¬
standing (no par)___
Earnings per -share.i—
Accrued
Bullock's, Inc.—$1 Extra Distribution—
The directors have declared an extra dividend
$342,157
Shares capital
.
,
>/'•;
——
Surplus,
on
new high
marks in 16 blast furnace units and 25 steel
producing units were set during the year.
There were also 33 new
annual
Carnegie-Illinois records made by the rolling mills, 13 by
miscellaneous producing groups, and one by coke oven units.
507,779
$813,825
Dividends paid
for
reserve
■
Trading
bids
Association,
p. 186.
1942
"In
240,386
$228,387
surplus
molasses
subsidiary,
76~950
130,964
..
Total
is
in
the
138,620
:
receivable,
$25,965 estimated
shipyards under top priorities for the invasion fronts.
The announcement went on to say;
171,666
:
the
22,743,000
set
Cr42~157
surplus
receive
purpose.
158,
of
31,903
13,985
585,437
Net. income
Previous
1944,
sale
it
:$470,163
:
taxes.—
&
Wall St.,
16
mortgage 7'■/«. bonds
1940
$729,947
'
Fed.
for
accounts
price less
$866,897), $442,092;
salaries
Investment
exhaust
Savings
and
collected—
contract
Carnegie-Illinois Steel Corp.—Output at Record-
1942
Cr3,452
inventories
Insurance
hand, $180,280;
sales
to
15,
-Earnings$565,806
(net)
and-on
(at
expenses,
agent,
as
the
recapitali¬
the annual
48,281
Miscellaneous
.;. ;■■
(less advances of
first
1943
:■'
banks
Feb.
.
$402,727
Sept. 30—•
operations-
$564,893
shipping expenses), $62,077; Inventories,;
planters, $6,236; growing crops (less amortiza¬
cultivation costs (future crop), $51,580; investment
accrued
accrued
that
of
date
-L
estimated
$385
Manopla
•
ried
common
$10, payable Jan. 25 to holders of record Jan. 15. This
compares with 10 cents per share paid on Jan. 27, last year, and on
Sept. 25; 1941.—V. 157, p. 342.
,
par
.
'
"$37,700
of
Co.,
V.
Brands,, formulae and goodwill—
Brunswick Site Co—To Pay 15-Cent. Dividend—
stock,
-
•'
'
r
Offer to Bondholders—
1943.
in
account
a
tax
meeting.—V. 158, p. 2464.
Post-war
A
amor¬
Burry Biscuit Corp.—Meeting Postponed—
U.
value common stock, payable March 15 to holders of
record Feb., 15, subject to the approval of the Foreign Exchange Control
Board.
Similar distributions were made on March 15, June 15, Sept, 15
the
and
$714,893
150,000
V'-'
-
payable,
$55,605;
planters'
credit
balances,
and wages, $6,0471 accrued interest, $7,940;(.
$30,395; mortgage payable, $46,201; first mort¬
gage
bonds,/$3,060,356; . war contingency reserve, $150,000; preferred
stock ($100 par), $1,500,000; common stock (no par),
$967,521; total,t
$5,848,363...
,.'v ■
in
$100,909
tAfter U. S,
•
The.special meeting of stockholders to act on a proposed
>
Ltd.—10-Cent Interim Dividend—
14.0 643
Liabilities—Accounts
pfd. stock (par $100), HConsist;ing of 73,213 shares of $2.75
conv.
pfd.
(par .$50*.)
and 50,000 shares of $2.50 cum. conv.
•'.Assets—
Bruck Silk Mills,
of
depreciation
deficit
hand
on
advances
$24,298;
$45,771,433 $43,280,777
accounts
1943 and $5,834,066 in
of
notes
doubtful
and
59,45,5
tax—
$223,154;
subsidiary, $5,000; property and plant (less
$3,01-3,691), $4,379,835; deferred charges
ceivable, $23,566; total, $5,848,363.
10,722,013
9,272,458
_•
sugar
(less-
tion
$314,990
Balance Sheet, Sept. 30, 1913
,
in
28,460
S7G39
_
loss.;
tion),
659,969
...
to
,
hand
1,400,000
16,924
carried
$410,087;
cum.
Cash
income
reserve
shipping expenses)
6,000,000
$886,530
"$37,700
contingency
$64,455;
3,704,288
4,920,000
§6,500,000
;ri
-—_____
.
the
312,573
_a._
$1)__—_—'
(par
Brands/formulae
bond and voting trust certificates for 10 shares of new stock and,
to.
2,623,533
companies-
135,109
$447.
6.692
Assets—Cash-in
$4,119,940
2,828,805
.
zation; plan
bonds and 79,220 shares of the proposed stock
to holders of the present first mortgage cer¬
holder
Each
tificates.
new
$3,774,919
expenses..
income__—
subsidiary
stocks
and
Prov.
income
Cuban
"Indicates
V'
to
Loss
1,610,107
135,958
44,839
for
Balance
reorganized com-"
YY\Y
new
in
surplus
tization
v
$2,631,746
1,190,687
and
profit
War
:
•
pany: $3,961,000 of first mortgage income bonds, equal to 50 % of the
face amount of the present first mortgage issue; and 81,345 shares of
common stock.
All the proposed
50,989
12,899,200
$45,771,433 $43,280,777
_____
(trade)——__
on
Depreciation
be fair If further amended
(as suggested), we deem it financially unsound
and therefore not
feasible,
While some of the amendments are desirable, none of them
in our view would cure the basic unsoundness, of the plan.
;
in
While,
Net
.1,098,818
777,448
state taxes
&
stock
"After
Profit
selling
charges
other
a
and
___________________
'—
income_--__'____-_w^___L_-_^_-w.„_„
Provision
the
for
amended,
as
100,000
51,124
Earned surplus
reorganization of the corporation, together With, proposed amendments.;
The plan was filed with the U.
S. District Court for the Southern
District
Other,
:
§5(•{>
shipping
expenses
1942
$1,327,091
mo¬
_k.__
income.
Total
74.752
829,391
acceptances payable
interest
Preferred
Total
producing,
operating
Other
:
64,336
12,312,267
:—
declared
pfd,. (par
Issued
24
Jan.
on
52,330
Long term debt; 3% promissory notes—
Reserve for credit and other contingencies—.
cum.
approving Plan—
15,439,646
46,141
100,000
—
Accounts
1943
and
syrup
-i
.charges
anticipation
Broadway-Exchange
of
Net
316.807
.
sugar,
_________
administrative
7,269,617
110,559
74,250
tax__i—
1943
of
'
137,316
policies—.
price
produced
Depreciation
$6,126,718
Liabilities—
common
holders of record Jan. 19.
Payments during
1, May 1 and Aug. 1, 25 cents each; and
to
follows:
as
Cost
15,444,277
insur.
contracts
lasses
Sept. 26, '42
-.
Statement-
Years Ended sept, 30—
Sales
5,000,000
_____
of
Total;
Capital
stock,
; Caribbean. Sugar Co,—Income
also
1943.
5,129,328
mach.,
bldgs.,
.
Broadway Department Stores, Inc.—25-Cent Dividend
in
1943;
Sheet
receivable—.
investments.^..
fixt., & equipment—
security
Common
342.
Balance
——
$Res. for Fed.
Monroe,
resumed
now
the past
$285,662
receivable—.
accounts
Dividends
'
of
in
$6,324,343
Sundry accounts payable & accrued
(J. G.) Brill Co.—Official Resumes Position—
$533,659
taanks_^.__
of. excess profits
investments
*
(•Land,
'
in
refund
Post-war
Deferred
(par-$l), $7,489,483; capital surplus, $10,214,008; earned surplus,;
allowance
Consolidated
accounts receivable
and
Other
to banks, due Feb. 24, 1944, $4,500,000;
due to brokers for securities purchased, $38,304; accounts payable and
and
surrender
Sundry
payable
and
certificates of indebtedness—™.-^
States
*
„
Liabilities—Notes
debt-retirement
1942
Oct. 2, '43
hand
on
United
Cash
total, $35,-
in
Assets—
Notes
"■"
$34,192,042;
■
Merchandise
S. Treasury bends, $600,000; dividends
interest accrued, $89,948; due from, bro-f,.
U.
and
$74,752
Comparative
Cash
purchase
of
credit
flncludes
,
1943,
reserve resulting from amend¬
of 1940,
tAppropriation of net profit
^Includes amortization.
§After allowing
Revenue Act
contingencies!
post-war
$237,367 m 1942, $271,576 in 1941, and $11,135 in
1940,
representing security received as dividend
priced at market
quotation.
§Net income under indemnity, agreements in connection;-
'
for
reserve
for
1,169,524
$0.06
or
to
'
■
-
,
;
profit
ment of
$1,833,409,: $1,529,344
',
pfd. stock..
com. share™
per
$210,011
optional
on
conv.
Earns,
i
been
Co.—Bond Issue—
Central Ohio Light & Power
Commissi^
has filed with the'Securities'-and Exchange
registration statement covering the proposed issuance
series A 3 Vz %
first mortgage bonds due in 1974, to be sold
Company
of $4,300,000
a
at corn-
of first;•
of first
be applied to the redemption of $3,^81,00d
series C bonds, due 1964, at 106-/i, and $394,000
series D bonds, due 1966, at 103%.—V, 159, p.
would
Proceeds
mortgage 4%
107.
mortgage 3Vz%
Light Corp.—Tenders—
The corporation is offering to purchase at 100 and interest to date
of purchase $2,485,010 of its first mortgage and first lien gold bonds,
bVz'M
series, due Jan. 1, 1953, according to an: announcement by
Benjamin H. Brewster, President.
The oifer is good until Feb. 14.
There is now outstanding $3,549,000 principal amount of the bonds
The Manufacturers Trust Co., 45 Beaver St., New York
N. Y., will
receive tenders of the bonds to be accepted on a
'first come, fust
Central States Power &
•"%
2359.
basis."—V. 158, p.
served,
!'y,'.;
stockholders for the fiscal year ending Sept. 30,
Dwane L. Wallace, President, states: ' .
/>'-< ■
Company's sales volume after price, adjustments amounted to $70,-,
729 401, as compared to a sales volume after price adjustments in the
previous fiscal year of $31,920,529.
Tlie price adjustments
-■
in the sales volume for fiscal year 1943i resulted in a total reduction
of the sales ,volume of $10,443,449.
Of this amount, $4,312,138 were
voluntary price adjustments made during the course of the fiscal year,
included
on
weight
a
economies effected by your
ended.
the
to
just
year
In
credit, with a
a, new V-Loah
tJ.
National
participating in
War Department, with The Fourth
Kans,, acting as. agent. The banks
Agreement are substantially the same as those
participated in the original V-Loan Agreement.
As of
guarantee by the
90%
Wichita,
Bank/
this
Loan
new
which
there was $10,000,000 borrowed against the
provided under the new V-Loan Agreement. . ' '
For the continued success of company, it is necessary
1943,
30,
the fiscal
company during
retired its V-Loan Agreement with Chase
which provided for a $20,000,000 line_ of
90% guarantee by the War Department, and established
Agreement calling for a $15,000,000 line of credit, with
1943, company
Bank, New York,
May,
National
a
provision-for additional adjustment that is
considered fair and reasonable, after giving
is a
profit margin
remainder
the
and
based
banks
Sept,
line of credit
that post war,,,
These
laid before the much looked for "V Day", arrives.
plans must becarefully worked but and the necessary funds be pro¬
vided to enable them to be carried out,
To .insure the availability
of these funds, a further provision for conversion from war to peace
time operations was made out of the earnings of fiscal year 1943 in
the amount of $831,568,
bringing the total reserve for this purpose
to $1,586,030.
The amount of the reserve set aside for fiscal year
1943 is equal in -amount to the
post war excess profits "tax credit
provided for in the Revenue Act of 1942, which company was able to
obtain as a reduction in Its tax liability by reason of its reduction
in outstanding indebtedness during the fiscal year 1943.
The detailed
plans
be
,
planning for post war operations
although it must be realized that
to interfere with the war effort of
is progressing very satisfactorily,
such planning cannot be allowed
.
1943
—
—
sales-—-,
of
Total cost
margin on sales
Gross
Total other oper.
exp,—
$70,729,401 $37,588,529 $13,646,040
57,485,585 24,087,048
9,158,315
$431,438
$13,243,816 $13,501,481
1,772,868
- 985,522
$4,487,725
460,778
$24,754
57,312
$4,026,947
44,194
$4,071, 141,
* $30,035
■
income
146,486
302,992
406,683
2,512
—
for
for
Fed.
est.
17,742,017
taxesA
income
State
Prov.
for
surplus
res.I- -
Prov.
for
con vers,
from
,
'
to 1 peace
time
operation
——1-
.
V
City Bank. Farmers Trust Co. has been appointed as co-transfer
agent for the 6% cumulative preferred stock.—V. 158, p. 2466.
.
:
of adjustment mortgage-bondholders, of which Darragh A.
Park is Chairman, on Jan; 18 petitioned the ICC for a modification
Consolidated Vultee Aircraft Corp.—Output at Record
of the reorganization plan approved by the ICC on Dec. 6, 1943.
Three major objections to the Commission's new plan are presented.: r" • '■ National '.production figures for the aircraft industry for 1943, com¬
piled by: the War .Production .Board, show that this corporation is
(i> Vigorous objection is made to the three-year moratorium, on
the world's largest producer of airplanes, it was revealed on Jan; 18
common
stock dividends; and participating preferred stock dividends
by, Tom M. Girdler, Chairman of the board, who added that the com¬
Which is implicit in ,the new proposal of the Commission. • «>"
' pany in 1943. delivered more airplanes by number and by weight than
(2) A number of criticisms are made of a proposal retirement fund
any other manufacturer.
;•
which, it is pointed out, is so rigid that it is limited to the retirement
A telegram from the Aircraft Production Board, a unit of the WPB,
of contingent interest bearing bonds and excludes fixed interest bearing
disclosed that "Consolidated Vultee deliveries of more than 126,000,000
bonds, and is not available for investment and Government bonds and
pounds, including spares, compared with 115,000,000 pounds delivered
liquid securities to hold as contingent reserve for times of stress,
by the second largest producer.
The third largest producer delivered
(3) The group objects to the voting trust provisions of the plan ,
•73,000,000 pounds.".
.
under which control of the reorganized company for a period of from
Mr.-,Girdler-stated; "Consolidated Vultee< in. 1943 delivered over 12% ,
three
to five years is given
to individuals representing a minority,
by number and over 16% by weight of all aircraft, built in the United
interest in a single issue of senior bonds resulting in the disfranchise¬
States.
The
difference between
numbers and weight in percentage
ment of the new preferred stock and common stock.■ - ; > , :
„ V
figures is due to the fact that the company produces more heavy
The Group says: "In the nature of things, questions such as these
four-engine bombers than any other manufacturer,"' \
v"
should be left to the judgment and discretion of Management and,,
not foreclosed for all time by a Government fiat.
The Commission
Common Dividend—
should take advantage of the 60-day locus penitentiae contemplated
ICC
"Loso.
post-war
1943,
in
$738,201
Account for 41
Income
of
—
$4,979,135
(including fixed
$1,030,810
income
50,151
—
$1,080,961
income————
Total
35,009
Other charges.1,
$338,681
-A—-—
Net' 'profit—J
Dividends
208,199
„————
157,
figure
158,
Consolidated—New Pres., Etc.—
of directors, announces that
a
special meeting of the board of directors held on Jan. 12, 1944
the result of the death of Robert S. Gill, President, the following
at
as
W.
elections
made: Arthur B.
were
Vice-President;
a
member
Mr.
Chairman of the board
McGee,
of
Basil L.
the
Richardson
Emery,
Richardson,
Secretary.
in
Russia,
1936
C.
Y.
ciated
as
China
has
been
30
years
with
the
company,
the
major
being successively' Manager
and Great Eritain. He returned to the home office
in charge of sales and advertising.
Vice-President,
Emery has been
with
President; Cyril Y. Emery,
Axel K. Jensen was made
board.
part of which was spent in foreign service,
in
the London
32 years with the company, being first asso¬
office and then with the Perth Amboy, N. J.,
plant. He was made a director in
in 1937, and has in recent years
1936 and Secretary of the company
been in charge of production and
research.
B.
L.
Emery
Passengers Carried—
who
has
been
with
the company
declared on the common
Similar distribu¬
quarter since and including
"■■■
Jan.
on
3
stock,
on
\
dividend of 25 cents per share on
the $1 cumulative and participating first
paid
a
to holders of record Dec. 7,
A similar dis¬
July 1. last year; none since.—V. 157, p. 2447.;
$10,
par
made
was
on
Directors—1
;.'A:
Gustavo Pellon have been elected directors.—
vA
V,'^
Inc.—Renegotiation
Completed—
158, p. 2578.
for 28 years has
Cutler-Hammer,
'.
settlement of its "renegotiation", with
for the year 1942, resulting in a net adjust¬
Government. "This amount,", H. F.
Vogt,. VicePresident,- says,
"has been charged against : reserves of
$1,250,000 which had been set up by the company from its 1942 earn¬
ings, and it therefore does not reduce the net profit shown by the
company's statement for the year 1942."—V. 158, p. 2044.
• .
closed.
,
.
4
have
$23,600
at
made
called
been
for redemption
Delaware Floor Products,
;
-
period
The
as
of Feb.
1944, a total
16,
first mortgage- bonds at par and interest.
Payment will be
the office of James 'Donn,
trustee; 2790 N, W. 17th Ave.,
Miami, Fla., or at the First National
.on.
are
at 102 Park Row and at 276 Fifth
17, and that at 285 Broadway was closed
the interest of economy.—V. 159, p. 107.
Chrysler Corp.—Government Agency to
'
' '' * -
Apartments, Miami, Fla.—Bonds Called—
Dallas Park
There
Units Closed—
in favor of the
$948,352
',
Jan.
on
of
ment
restaurants
The
closed
were
the following day in
corporation ..announces
The
the Government on profits
y,;;:-.-
1240.
X. Finn, trustee of the .company, in '.reorganization
announced that three of the company's New York vnits
17,
deposit of second
for
Bank of Miami.—V. 136, p, 4466.
Inc.—Deposits—
mortgage income 6%
bonds due
(closed!
further
;•<%'•
1946, for exchange for new 15-year sinking fund fixed
5% bonds dueJ Jan. 1, 1959, par for par, has been
extended to the close of business Jan. 28, 1944.—V. 159, p. 6.
Aug. 21,
mortgage
Advance Ad¬
'
corporation has had its contract
The
at
Delaware, Lackawanna & Western
with the Defense Plant Corpo¬
The increase will provide 'additional facilities;
a
Detroit plant and raises this contract to a total ol. $4,450.000.-—
158, P. 2359.
.
'
raised $2,000,000.
ration
RR.—Merger Hear¬
ings—
of the company to merge the properties of its
York, Lackawanna & Western Ry., and for authority
.securities has been assigned Tor hearing at the -offices
the Interstate Commerce Commission Feb. 9.—V. 159, p. 213,V
application
The
leased
line,
New
to issue certain
Cincinnati Street Ry^-Earnings—
-Net
of
1943—12 Mos.—1942
1943- Month—1942
31—
Period End. Dec.
profit —$63,426
profit after all charges and
"Net
$68,245
$746,166
$741,050
taxes.—V. 158, p. 2576.•
Delaware Valley Utilities Co.—Redemption
The
Nehi.—V. 158, p. 107.
Colonial Stores, Inc.—1943
V."
5 wks! I
V
'.
Period—
;
4 Wks.
53 Wks.
'
52 Wks.
Ended
Ended
Ended
\
2359.
p.
v
Commonwealth & Southern Corp.—Weekly
Output—
output of electric-energy of subsidiaries
to show general business conditions of
week ended Jan, 13; 1944," amounted to 258,540,824 as compared with 235,321,608 for the corresponding week in
1943, an increase of 23,219,216 or 9.87%.—V. 159, p. 212.
"■
kilowatt hour
weekly
this
adjusted
corporation,
territory served for the
Connecticut
Life
General
Insurance
Conn.—Group Life Insurance to
V.
was
Co., Hartford,
announced on Jan.
insurance
to
men
on
157, p. 601..
■
12 Months
Ended Nov'. 30—•
profit
and
all
Co.—Earnings—
common
^
share
—__
including
$2,752,268 in 1942).—V.
1943 >
1942
•
$3,733,977. $3,621,576:
$2.62
$2.53
"
—
charges,
Federal taxes
(of $2,913,716 in
158, p. 1439.
Connecticut River Power Co.—Bonds
.
...
1943
,
..
Called—
Agent—
appointed
re¬
of
Rio Grande Western RR.
&
Interest Pay¬
—
order
the U.
of
S.
Detroit
Net
Edison Co.—Holds New
Ordinance Not Valid
would be reduced approximately $2,000,000 if
2C% of gross revenue, adopted by the city of Detroit
municipalities, are found valid. Alfred C. Marshall, Pres¬
for
income
1943
other
and
advised company stockholders in a letter accompany
does .not consider that these ordinances are
ident,
"The
company
their
validity
159,
will
p.
doubtless
be
H.
dividends.
valid and
the courts," Mr. Marshall
6.
V Devoe & Raynoids Co.,
W.
tested in
Mathews,
Inc.—New Gen. Sales Mgr.—
Vice-President, announces that George P. Gray has
promoted to General Sales Manager of the Brush Division of the
company.
Mr. Gray will make his office at the brush headquarters
of the company-in Princeton, Ind.vln his new position he-will direct
-sales of
Deraytex, the company's new synthetic bristle, and bristle
been
brushes, in addition to
and artists' brushes.—V.
marketing the regular
159, p. 213,
line of paint, varnish
,
'
company
Payment will be made at the Old Colony Trust Co., trustee, Boston,
Mass., or, at the option of the holders, at the following agencies, viz.:
State Street Trust Co., Boston, Mass., The Chase National Bank of
the
City of
New York, New York, N. Y., and Harris Trust and
Savings Bank, Chicago, 111.—V. 158, p. 2189.
Consolidated Laundries Corp.—Group Life Insurance
M. Weinstein, President, on Jan. 18 announced the introduction
of group life insurance for all male employees of this corporation.
Every one of the more than 800 men who work for this laundry com¬
T.
been
ordinances taxing.
has called for redemption as of Feb. 15, 1944, out of
sinking fund moneys, a" total of $383,000 of first mortgage 3%%
sinking fund bonds, series A, due Feb. 15, 1361, at 104 and interest.
The
has
Certain Past Due Coupons—
on
said.—V.
Connecticut Light & Power
"Net
City
District Court for the District of Colorado,
due interest oil D. & R. G. RR.
mortgage bonds, Rio Grande
■Western Ry. Co. first trust mortgage bonds, Rio;Grande Western Ry.
Co. first consolidated mortgage boncls, D. & R. G. W. RR. Co, refunding
and improvement mortgage bonds, series B, and D, & R. G. W, RR. Co.
general mortgage bonds, and the Treasurer is paying such coupons
upon presentation.
It should be understood that not all of the coupons
attached to the above bonds are now payable.
Only'those which were'
declared payable prior to the general default, but not presented prior
to Nov.
1, 1935, may now be honored.
It is suggested
that if those who still hold bonds of any of the
above issues advise the trustees promptly the issue held, the amount
(par value) of their holdings, together with the numbers of the coupons
attached.
The serial numbers of the bonds, if available,1 will also be
helpful.
If; upon receipt of this information, it is found that they
hold coupons which are now payable, the trustees will then advise as
to the method of presentation to the Treasurer.—V. 159, p. 213.
Maritime Service Men
17 that this company has issued group
active dutv with the Division of Training,
United States Maritime Service.
The insurance, the announcement
said, will total $25,000,000 and covers 25,000 personnel.
This pro¬
tection is provided without cost to the men, premiums being paid
from
the
training
stations'
welfare and ships'
service funds.—
It
life
Denver
ments
By
Jan. 1,"44. Dec. 26, '42 Jan. 1, *44 Dec. 26, '42
' $9,411,019 $7,458,822 $90,901,063 $80,126,147
'
Salds
158,
Jersey
payment was authorized of certain past
Co.
first, consolidated 4% ; and. 4 Vz %
'
Sales Higher—
Ended
—v,
of
has filed with Delaware Supreme
company
ruling in favor of
Bank
for . the" scrip certificates for fractional shares
non-cumulative preferred stock.—-V. 154, p. 428.
agent
and $3
common
Court notice
of intention to ask for a rehearing of its action against Nehi Corp.
in
which Coca-Cola alleges unfair competition and infringement of •
trade-mark.
The Court1 recently sustained Chancellor Harrington's
Counsel for
National
First
demption
r
Coca-Cola Co.—To Ask Rehearing—
"After
C.
each
,'<
Cuba RR. Co.—New
■
843,000,000 revenue passengers in 1943,' an
preceding yeaf, it is. announced.
The
73,265,127, a decrease of 1.4% from December,
was
p.
Earnings per
439.
p.
Chesebrough Mfg. Co.
been
record Feb. 5.
of
issue
ditional Funds—
583,021
income
Estimated
—V,
74,250
payroll adjustments—
and excess profits taxe3_
for
Reserve
this
Dr. Alfred Lombard and
V.
the
over
Weeks Ended Oct; 9, 1913
profit
Net
-
Other
9.8%
F.
John
The
charges)iA-A—
■-.»-r,; 3,694,804
administrative and general expenses„_r2———
253,521
Selling,
tribution
Director—
share has
holders
accumulations
of
preferred
of
of
authorized the listing of 462,665
shares of common stock
(par $5), all of which has been issued and
is outstanding in-the hands of the public.,
...
'-f ■■. y.
York Stock Exchange has
Total net sales—
per
to
on
Black well Co.—Accumulated Dividend—
&
company
account
carried
company
1942.—V.
Ave.
Virginia—Stock Listed—
Chesapeake Corp. of
Cost of sales
Surface Lines—More
Chicago
The
increase
V.
New
The
Raymond
being
,
The
158, p, 2578.
Crosse
Balance Sheet,
t
15
1943, when dividends were inaugurated on the common stock.
15,
Chicago
pn
Sept. 30, 1943
'
Assets—Cash on demand deposit and on hand, $9,405,468; U. S. Treas.
tax savings notes, $9,800,000; U. S. Treasury certificates of indebted¬
ness
(at
cost),
$3,250,000; accounts receivable
(trade), $2,506,109;
inventories
(less provision of $840,819 for obsolescence),, $7,988,416;
advances on purchase contracts,. $15,624; advances to employees, $10,327; accrued interest receivable, $54,184; post-war refund of excess
profits taxes (est.), $35,016; property/ plant and equipment (less re¬
serve
for depreciation and amortization of $1,430,747), $2,747,124;
unexpired insurance premiums, $61,699; leasehold improvements, $12,049; deferred tool charges, $4,562; sundry prepaid items, $3,957; total,
$35,994,535. y..
- ;■' /yt'.'O/^yy V
-v
Liabilities—Notes
payable banks,
$10,000,000;
accounts payable,
trade, $1,797,247; accrued salaries and wages, $418,986; accrued inter¬
est,
$28,767;
accrued income and excess, profits taxes,, $7,897,273;
accrued taxes other than income, $534,372; accrued .prtce adjustments
on
U. S. Government contracts,
$9,770,384; sundry accruals, $15,910;
advances received on foreign contracts, $177,581; employees war bond
deductions, $61,811; -sundry liabilities, $19,534; reserve for conversion
from war to peace time operation, $1,586,030; common capital stock
(par $1), $350,000; paid in surplus, $54,522; -capital surplus, $2,835;
.earned surplus, $3,279,283; total, $35,894,535.—V. 158, p. 544
.
,
.
cents
made
—V.
Billett, partner of the Chicago investment firm of
McCormick & Co., has been elected to the board of directors
& Southern Air Lines, Inc., it is announced by Carleton
Putnam, President,
Kebbon, McCormick & Co. was a principal under¬
writer of a new issue of voting trust certificates for 60,000 shares of
common, stock
of Chicago & Southern Air Lines, Inc.,' which was
offered publicly early in November of last year.—V, 159, p. 107. '
of
■
;
.
Southern Air Lines, Inc.—New
&
Chicago
50
been
have
May
II issued a certificate
Jan.
on
of
payable Feb.
tions
permitting abandonment: by ;
Charles M. Thomson,
trustee of the company, of a branch line of
railroad
extending from Winde northeasterly and northerly to the
end of the line at Ladoga, approximately 24.368 miles, in Delta and
Alger Counties, Mich.—V. 159, p. 212.
>
's
;;' S:'
350,000
—
stock,
Western Railway—Abandonment—
Chicago & North
The
dividend
A
(d t to think these things over and to modify its plan to
of the new common stock allotted to holders of
adjustment mortgage bonds."
/
;:'f
> ■/"f.'yy
The 60-day
period during which parties in interest may ask for
modification expires on March 1, 1944.—V, 159, p, 4:
\ 'Vv';
emasculation
avert
Jan.
$1,614,407
"$32,609
350,000 y ; 682,500, y
llncludes Federal excess profits tax of $4,550,300
after
excess profits tax refund of $39,385 in 1942,. and $7,484,111
paid
The
by subsection
—.
—$22,203,414
income
announced
19
Jan.
on
The group
v
Net
Dividends
company
Consolidated RRs. of Cuba—Co-transfer Agent—
v
RR.—Adjust¬
of Plan—
Bondholders Group Seeks Modification
Childs Co.—Three
2,294,794
15,342,952
1,254,462
■' %'■
' v y.
831,568
;. war
company
Chicago, Milwaukee, St. Paul & Pacific
.
,
the
Mail
catalog,
Inc.—Output—
that System output of elec¬
tricity (electricity generated and purchased) for the week ending Jan.
16,
1944,'' amounting to 227,200,000 kvvh,, compared with 166,300,000
kwh. for the corresponding week of 1943, an increase of 36,6%. Local
distribution
of
electricity
amounted to < 209,400,000 kwh,, compared
with
159,800,000 kwh. for the corresponding week of last year, an
increase of 31.1%.—V. 159, p. 212.
;
^
1 / • ;
; ,, . :
; with the issuance of its spring and
completes its • transition of name to
Aldens Chicago
Order Co. in all contacts with its customers.,
Commercial contact, however,-will continue in the name of Chicago
Mail Order Co.—V. 159, p. 107.
y y.y.
•
«' ,yy/'Ay
-
—4,800.000
(est.)
and
contracts
Govt,
Prov.
Consolidated Edison Co. of New York,
The
2,564
161, 941
deductions
Prov.
>
$11,773,940 $12,662,445
991,941
523,828
refund of U.S.
)I "
income
Total
•'
1
.
,
paid by Consolidated and there is no cost whatsoever to the employees^
nor is a physical examination necessary.
The only requirement is that
a
man
must have worked on a full time basis for a period of three
months or more, at one of the 15 Consolidated plants or units located in
the metropolitan New York City area,"—V. 159, p. 109.
that
announced
further
is
It
summer
December
Other
107,
p.
The
staple rayon and cotton lines.-
"$32,558
Profit
Other
1.940
1941
159,
certa'n
is
Chicago Mail Order Co.—Spring & Summer CatalogDistribution of this company's spring and summer catalog began on
Jan. 19,
Containing 488 pages, it offers the same over all variety of
merchandise as the 1943 catalog.
Since the company specializes in
ready to wear and soft lines in general, it has not been forced to:
curtail the size of its book, although some cuts have been made in
L,
.'
1942'
/:
for
Kebbon,
'
Sept. 30
$11,470,948 $12,515,959
sales
Net
the company.
Account, Year Ended
Income
foreign
insurance
with
been
advertising.—V.
export
s
remarks to
his
in
in
was;
ment
Report-
Aircraft Co.—Annual
Cessna
which
,
has
Jensen
K.
covered by a policy effective Jan. 1,, 1944.
The. amount of
protection is at least $3,000 and is scaled upward to $10,000
key employees.
1 1 ; '
announcement further states: "The entire cost of the insurance
pany, is
1942, and is Manager of domestic sales and
•
;«•
V '
.-,"u' , '
the company 35 years, a good part of
service.
He is Manager of export, sales and
director since May
a
advertising.
A.
Monday, January 24, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
348,
Diocesan Investment
The
share
Feb.
V.
trustees
on
holders
1,
157,
of
11
p.
the
Trust (Mass.)— 11-Cent Dividend
have declared a quarterly dividend of 11 cents per
certificates of beneficial interest, payable Feb. 1 tp
Jan.
14.
Payments last year were as follows:
record
cents,
1423.
and May 1, Aug. 1 and Nov,
Discount Corp. of New
Repp,
Mills.—V.
York—New President, Etc.—
been elected Chairman of the board and Herbert
Vice-President, has been elected President to succeed Mr.
Dudley H. Mills' has
N.
1, nine cents each.—
158, p.
1530.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
Divco-Twin Truck Co.
Net
sales
Cost
of
Sell,,
2,587,940
$4,049,884
2,839,104
306,099
456,052
Operating
"Total
$187,672
$754,728
$414,871
18,494
$308,465
profit— •
.37,681
23,553
6,054
income
$314,519
expense..,
and
'•
gation expense—
deductions——
Excess profits
Res.
Net
68,500
.
6 Mos. End. Nov. 30—
$477,796
Earn;
"■Net
$347,281
..
.
——:
■"After
944
The
56,250
56,250
$904,978,;
.
225,000
$0.54
,1168,750
225,000
,
$807,.194
'
225,000
$0.68
fense
Supplies
the trucks
which
on
repurchased during
sold
were
to
Defense
sales during the previous year..
as
of
Note—Provision
$25,516
and
$741,259 "i $488,463
225,000
225,000
$2.12 ;
$1.54
$34,242 in
*Oper,
current year
Total
•"Inch
in banks
Oct., 31,. 1943 %
Sheet,
and
hand,
on
$437,433;
U. S. Treasury; notes,
property,
items,
of
total,
taxes
and
other
expenses,;'$100,697; - provision for Federal income taxes,
$136,000; deferred income, war contract fees, $20,000; reserve against
reconversion to peacetime production, $40,000; common stock (par $1),
$225,000; capital surplus, $141,199; earned surplus, $304,978; total, $1,660,822.
%
.vu.-.7 /%%'7%::'\/7/
payable,
trade,; $92,948;
accrued
wages,
has
profit
was
required; neither
refund will be. required in
that
-believe
,
Name
The
—V.
; y
■.
,
V.: y%;':7%777' 77;y."'
%y-;^
158,
change
to
name
V.
'as
results
Co.
and
18,150
11,850
58,734
38,246
•
Cooperative
Wholesalers,
Inc.,
N.
v.;
of
on
W.
Davis
in
Jan,,
1942,
2347.--
p.
the
'
'-
ended
Jan.
13,
1944,
.
follows:
as
vV';
Electric
\
&
Pwr.
Pwr.
&
above
The
operations of Merchants
the
and
1943,
and
consolidated
its subsidiaries for
;
Jan.
on
payment
30,
of
results
the remaining
the continuing corporate entity month of the period.. >
;
March
figures
preferred
the
System
inputs
of
a
for
as
the
(a)
1,
$500,000
(b)
1943);
of
purchase
of June
.
in
the
their
holdings
of
capital stock
.
I*
.'
'
-.il
■
are
1943
Amount
171,032
25,991
83,905
15,720
95,763
in'
do
6,428
102,191
not. include
stockholders
by the
at
.System
special
a
and
payable on the date of closing (paid in May,
of the basic purchase price to be an amount
cash
inputs, of
sheet
additional
for
terms.of
the contract.
Consolidated
Gross
Net
Income
,v-7;
'•
Allyn
any
Co.,
30
part
to
at
price
of
a
July
Other
income
Profit
Federal
prior
before
Federal
normal
income
Co.
years)
Consolidated
-
;
;
Prior
to
;
.
net
,
-.
merger^
/
'. "•
..
•■•'•''
■
Co.
•Carl
Balance
Sheet,
_
$6,230;
in
banks, $500,000;'accounts payable and
accrued expenses, $403,014; Federal taxes on income (estimated), net,
$816 628; U. S. Treasury tax notes, Dr$165,563; prevision for dividends
on preferred
stock, $32,382; estimated cost of capital stock to be pur¬
chased from stockholders electing to receive cash under, merger agree¬
ment, $244,644; 10-year 4Va% debentures (called for payment on Dec.
Liabilities—Notes
payable
after
down
to
the
Jan.
sinking
after 1944
price of 100%
year
a
purchase
Jan.
will
debenture
have
annexed
warrant
entitling
the holder
to
unless redeemed prior thereto,
stock, at prices running from
15; 1959,
stock have
been
reserved
for
"7%
Swanstrom
business
originally
was
and
of
begun
American
Gas
and selling
in 1926 by
the product
manufacturing
this country
Accumulator
Co,,
and
in
assembly work. These nuts, which have a fibre insert, are
;sold under the trade names of '"Elastic Stop Nut" and "Esna" and
have the advantage that
they maintain firm bolted connections under
conditions
ruin
the
on
the
nut
obtained
collar.
•
is
its
As
own
threads
standard
similar
by
the
nut
threads
causes
effect
continues
manufactures
,
a
of. severe
extensive
that
is
into
the
off.
Elastic
Stop
alsd
special
bolts.
of
even
nut
fibre
to
grip
under
specially
heat,
standard
threaded
the
nut
nuts
and
bolts
to
standard
drop
or
forming the
collar
tions
vibration'where
severe
bolt
all
use
•is
of
body
the
on
the
The
of
all
metal
of
The
the
an
bolt
and
nut
main
for
has
for
body
of
feature
unthreaded; fibre
presses
or
action
hold
strain.
products
made
are
molds
of
fast.
not
under
so
the
This
Company
use
also
condi¬
far
had
use.
Although
because of
the volume
the war,
of
business
the,character
of
has greatly increased
and quality of its present products
company
250,000
Neb
Lincoln,
■■
150,000
___
150,000
150,000
Co.———1
&
Dann
Years
Account,
100,000
»
Gross
CoSt
-::
,
- -
sales,
of
■
Ended Nov. ,30
-
--
,
discounts,
less
goods
Selling,
administrative
expenses——
accounts—154,368
83,433
$13,115,963
doubtful
for
income
1942
8,536,662
2,627,801
23,319,947
5,481.970
-
general &
1943
etc.——_— $42,072,249 $25,356,635
$14,108,737
71,514
147,363
-w—
—'
income
Total
$13,263,327 $14,180,252
Federal
53,013
709,000
1,174,140
1 10,040,000
9,459,860
Crl,004,000
5,800,000
Crl25,000
provision-——— Cr4,299,000
Cr5,980,000
$1,964,313
128,300
415,245
$1,641,217
12,317
583,807
■
taxes.-,--
income
taxes—
excess profits
of
refund
Post-war
income
Net
-
dividends
Preferred
—,---,•
(cash)—.
dividends
Common
8,000,000
income & excess profits .taxes
renegotiation
to
taxes—
provision
renegotiation
Reduction of Fed.
applying
—
profits
excess
10,035
—
———
deductions
Income
Federal
—;
'
-.-7
Balance
Sheet,
1943
30,
Nov.
U. S. Treas¬
1946, $9,035,000; interest
savings notes, $21,723;
accounts receivable—trade (less
reserve for doubtful accounts of $329,7241, $5,171,932; other receivables
(net of reserve of $21,542), $69,405; due from employees, $451; claim
for refund
of Federal income taxes, $1,606;' Inventories,
$9,070,173;
other
assets,
$2,601,587;
pdst-war refund of Federal excess profits
tax
(estimated), $633,000; accounts receivable—foreign, $8,672; fixed
assets
(less reserve for depreciation and amortization of $1,711,081),
$4,405,841; intangible assets, $12,273; deferred charges to operations,
Assets—Cash
ury savings
accrued
on
hand
on
notes,
and
series
deposits, $2,103,773;
demand
C
1945
due
and
total, $33,317,538.
$182,103;
payable under Regulation V Loan 3%, $7,000,000;
payable—trade, $1,609,015; accrued liabilities,
$12,166,139;
renegotiation
provisions,
$3,025,000;
other
liabilities,
$2,309,921;
deferred income
(foreign commissions); $6,212;. reserve for general
Liabilities—Notes
accounts
$1,500,000;
6%
(par $50), $1,602,800; common
cumulative convertible preferred stock
stock (par $1), $453,479; capital surplus,
earned surplus, $2,504,612;.
$33,317,538.—V. 159, p. 214.
$832,666;
total,
appropriated surplus, $307,695;
,
-Hearing Feb. 1-
Engineers Public Service *Co.
set
has
SEC
The
a
hearing
for Feb.
1
the
on
the proposal of the com¬
to acquire through its subsidiary, Virginia Electric & Power
utility properties of Virginia Public Service Co. In connection
Co.,
with
acquire from General Gas &
Electric Corp. its common stock holdings of Virginia Public Service Co.
amounting to 782,000 shares and being all of the common stock out¬
the
program,
Engineers
proposes
to
standing.
In
separate
a
of
part
in
Electric
&
to
declaration General Gas stated the transactions are
program whereby General seeks to dispose of its
subsidiaries which the trustees of Associated Gas
general
a
interests
certain
parent of
General Gas, have been ordered to
the Commission by order dated Aug. 13, 1943, pursuant
(1) of the Public Utility Holding Company Act of
Corp.,
11-B
Section
1935.
—V.
,
enable
159,
t
,
from the sale will be used by General for
Acquisition of Public Service by Virginia Electric
proceeds
will
Co.
■'••'
.
Cash
purposes.
p.
it
to
build
up
its
integrated
system
in
corporate
& Power
that
area,
108.
loosened,
self-locking
compressive
firmly
vibrational
line
Nuts
The
receive
bolt,
bolt
severe
this1
to
collar.
designed
but
nuts.
might be
400,000
-..--x---.--
Income
;■;
dispose of by
a
nuts
450,000
-
pany
,
r
in
825,000
:
—
•
exercise
Upon
-
Business—The
Nuts
issuance
is, engaged in the manufacture and sale of self-locking
wide variety of types, sizes, materials and finishes, together
auxiliary material used for fastening gangs or series of bolts
of
with
•
to
any
1959.
in whole
redeemed
Company
$1,899,366; -U.
loans
$1,000
the
and
Stop
A.
nuts
the amount of $1,229), $301,329;
small
through
15. of
1945,
15;
15,
If
Co-
Sept. 30, 1943
S. Treasury bonds (including accrued
other marketable securities,
receivable '(less reserve for doubtful loans of
$245,274), $4,898,682; trade notes and accounts receivable (less reserve
for doubtful accounts of $11,500), $680,311; inventories. $707,055; In¬
vestment in wholly-owned subsidiary in liquidation, $186,413;. sinkingfund, cash on deposit with trustee (for purchase of debentures). $287;
post-war refund of excess profits tax (estimated), $120,145; cash.sur¬
render value of life insurance, $31,005; employees' and sundry notes
and other accounts, $38,295; land, buildings, machinery, furniture and
fixtures
($595,907)
less
reserves
for depreciation and amortization
($184,779), $411,128; patents (less reserve for amortization of $296),
$4,705; deferred charges, $161,978; total, $9,446,928.
Asseis—Cash,
'interest
July
105%
redeemed
reedemed
be
on
if
Jan.
companv,
from
being manufactured in the plant of American Gas Accumulator Co.
by facilities that it provided/ Company was.incorp. in New Jersey om
Feb. 14, 1934.
Its certificate of incorporation provides for perpetual
•existence.
Company acquired in 1934 all of the machinery and equip¬
ment which previously had been
supplied by American Gas Accumulator
.
Consolidated
July
mature
of the
100%
to
also
part
on
and
ranging
down
may
in
1944
$825,000
:
Co
--a—
contingencies,
common
History
,
'
—
1946
stock
warrants.
Elastic
132,840
* r
Other members of
the option
Warrants—Each
before
or
of
of
the
of
195,739'
preferred stock---_-_—_--—^32,358
•
Subsequent to merger on
•
shares
45,816
$280,968
profit————
.Dividends:"",
.
374,746
(less adjustment of
America—Debentures Of¬
prices
respective
200,000
Common,
company's common
$14.50 per share-for stock
purchased before Nov. 30, 1946 to $18 per
share
for
stock
purchased after Jan.
15,
1952. -A total of 122,500
$367,992
and surtax
102 (4%
15;
at
at
Inc
&
Other
1958.
on
shares
15,
time
non-detachable
35
income^—V $413,808
taxes cn
tax
to
Purchase
purchase
2,080.265
,
15,
notice
Jan.
time
Stock
Jan.
redeemed,
debentures
from
on
$2,822,993
--i■-%Ji.-:-
The
fund
Sept. 30, 1943
. —~--—
be
days'
Incl.
and
1958.
a
Operating profit
on
dated
are
may
or
underwriters
the
of
names
17
-
:
Debentures
earnings—from interest, etc.—small loan division—^
$919,793
division—1,903,199
Expenses
of
875,800
—
Balance—profit
of $2,000,000 of 3(4% sinking fund
The proceeds will be added
to the
Nut Corp.
in
deem advisable
may
company
Mackubin, Legg & Co.__^__-—
com¬
Jan.
on
time
to
the
of
&
Bankamerica
company
plus accrued interest.
Debentures
sales—industrial
Cost of sales and financial services..
Stop
100%
Co.
15,
;
1,953.000
.
the development and improve¬
and 'Co.,
Cruttenden
Provision
held
and
First Trust
The
6.7
underwriting group include Eastman, Dillon & Co.;
Allyn & Co., Inc.; The First Trust Co. of Lincoln,
Neb.; Cruttenden & Co.; Bankamerica Co.; Mackubin,
Legg & Co.; Wyeth & Co., and Vietor, Common, Dann &
/•'.■ yvr-y.-* y'
Six Months Ended
Statement,
at
up
amount of
'
18.8
A. C.
amounts, if any, which may be paid under the
$3,500,000
result
the
Government as
and the
severally underwritten by them are as follows:
Byllesby
A. C.
-
meeting
M.
15.2
the
29% for the frac- ;
tional year ending March 31, 1944; 29% for the year ending March 31,:
1945; 25%, for each of the three succeeding years ending March 31.
«'•, At any time on or prior to three years from the date of closing, :
Domestic Industries, Inc., may discharge the full purchase price , by
payment of an additional $500,000 to stockholders of Service -Caster &
Truck Co., less that portion of the deferred purchase price to be paid
"to that date.
No provision has been made in the consolidated balance
banking
existing
time
Underwriters—The
Pet.
H
15, 1959 (with annexed stock pur¬
Was made Jan. 17 by a banking group
headed by H. M. Byllesby & Co., Inc., and Ladenburg,
Thalman & Co.
The debentures were priced to the pub¬
balance
S,
expansion,
from
Vletor,
'
chase warrants)
the following percentages of net earnings:
equal to
the
U.
Ladenburg, Thalmann &
Eastman, Dillon & Co.
debentures due Jan.
lic
the
interests
Wyeth
'TwrtT*fiG
i
1944
99,625 "
the
provides
products, post-war adjust¬
and such other corporate purposes as the board
directors
amounts
fered—Offering of $3,500,000 15-year 5% sinking fund
in that: company
under
under such
of the estimated net cash
new
the best
,
,
Gross
The basic purchase price is stated to be as follows:
1943.
due
agreement
450,000
client
,
Elastic
and $20 for each two shares thereafter.
Under date of May 14, 1943, Domestic Industries, Inc., entered Into
contract with all of the stockholders of Service Caster & Truck Co.
Such
'
notified
to
1942,
of
ment
19.
debentures due Jan.
15, • 1959.'
company's general
funds to
be
used
for
corporate purposes. - The
.bonds will be purchased by;an insurance company at par plus accrued
interest.—V.. 159, p. 214.
■'
1944,
1,
become
to
the $3,500,000 of debentures now
loans will be reduced to 314 %
fixtures, land and buildings amounting to approx-
ery,
H.
197,023
Corp.
Co.^,_
Lt.
approved the sale
1943,
and
company.
Future plant
Edison Bros. Stores, Inc.—Debentures Approved—
there were warrants issued or issuable entitling
the holders thereof to purchase 85,086 shares of class A common stock
at S6.50 per share to Feb, 1, 1946, and $10 per share thereafter and
3,178 shares of class A common stock at $16 for each two shares to
Sept. 30,
At
.
due
the
'
has
.
'•
of
^The payment of outstanding commitments for machin-
of
panies, not appearing in both periods.—V) 159, p. 214.
The
monies
to
contracts
'
.1'-'
-Thousands of Kilowatt-Hours
Lt. Co._
Power & Lt.
National
'7
a
(4)
'
■'
/
453,479 Shs.
(3)
Services, Inc;—^Weekly Input—
week
were
•
690,000 shs,
7, 1944, between the company
and other banking institutions,
renegotiation of its war contracts for the year ended
Nov.
-
announced
company
^
V
7./ 7:.%'"'7' \i!
The
,
subsidiaries of
American Power & Light Co., Electric Power & Light
Corp. and National
Power & Light Co., as compared with, the
corresponding week during
1943
.
31,056 shs.
(1) The maintenance of cash balances, the carrying of in¬
ventories, accounts receivable and other current items
City—
Y.
•(2)
operating companies of Ebasco Services Inc., which
its
1943.
from
fjr
.
:
P.
157,
The
and
31,
11,527
$53,183
Jan. 4 registered with the Securities and Exchange
$100,000 of 4%
debenture bonds issued in $25 principal
% For -the
principal subsidiary, Domestic Industries, Inc.,
accompanying statements, therefore, reflect-:
& Manufacturers Securities
its consolidated subsidiaries from April 1, 1943, to Aug.* 31,
pf Aug.
the
taxes--
1131.
Ebasco
.
Industries, Inc., is the name adopted by the continuing
resulting from the merger of Merchants & Manufacturers
Co.
8,870
$52,306
.
.
■'•: •;7 : '7
Domestic
2,593
$13,855
$12,928 •.-•'
•
port—
Securities
$64,710
Clayson, Jr., Vice-President; since Feb., 1941, has been
President, which office had'been vacant since the death of
Horace
Domestic Industries, Inc. (& Subs.)—Semi-Annual Re¬
corporation
2,075
•
v—•-
Operating Susidiaries of-
the
245
$61,176
.
owned
-elected
meeting held on Jan. 19 approved
of this - company to Divco Corp.
annual
$64,465
344.
$16,448
■
granted
been
claims
company
ments
1530.
p.
is
American
their
at
304,160
and-maturing between 1945 and 1960. The company's entire
by 162 retail stores.: Proceeds will be used to purchase
a
new warehouse in
New York.
Present warehouses are in New York,
Boston and Philadelphia.
Changed—
stockholders
proposal
.a
%%
,
.
.
■>
$3,500,000
50,000 shs:
institutions of its intention
agreement on Jan. 17, 1944. $7,000,000 of such borrowings are to be used by the company to pay in
full its notes outstanding under a so-called Regulation V Loan Agree¬
ment dated July 29, 1943; and the company will promptly take such
further action as shall be necessary to terminate such agreement
of July 29,
1943.
Purpose of Issue^—Company intends to add the net proceeds to be
received by it from the sale of the debentures with annexed warrants
offered hereby, estimated at $3,278,800 after deduction of estimated
expenses of $81,200, to its general funds as additional working capital.
Such additional working capital is intended to be used, in conjunction
with $3,500,000 of the $10,500,000 to be borrowed by the company
pursuant to
the Regulation V Loan Agreement, as stated in the
preceding paragraph hereof, for the following purposes:'..";:
income-and
p.
George
■
1942,
'54
1
Outstanding
$3,500,000
time prior to July 1,
bearing interest at
annum.
The
$368,625
.
and
production
^
ended Oct. 31, 1943.
'*
•••(2) Subsequent to the date of the balance sheet the company bor¬
rowed $200,000 under a regulation V-loan agreement which provides
among other
things 'that net working capital must not be below
$450,000 increased by 20% of net earnings after April 30, .1943, and
that dividends are limited to 60%
of net earnings subsequent to Oct.
31,
58
Eaton Paper Corp.—New President—
has the company reason to
renegotiation of contracts fort
the year
$60,832
has
any
notes
to borrow $10,500,000
amounts
been
of
$16,393
$15,003-
profits
Commission
Renegotiation and V-loan and renegotiation of war con¬
completed for the year ended Oct. 31, 1942, and no
Notes—(1)
tracts
$14,945
•%
developed
the Debentures
due
Loan
monies
war
per
355,816
debs,
fund
that upon the sale by the company of
offered
the interest rate upon such
1943—12 Mos.—1942
$416,648
fully,
were
Sale of
pfd. stock ($50 par)
($1
par)-——
stock
V
company
all
and
-Earnings-
87,335
rr.;
company
stock
••
,
refund-
$4,925,836,
158, p. 1241.
.-$103,728
deductions..
Fed.
The
,
Liabilities—Accounts
Co.
Registers With SEC—
and equipment (less reserve for depreciation of ,;
patents, $1; prepaid taxes,- insurance and- other
$1,660,822.
JypV\%;/%••':':
7%
plant
$462,635;
$16,814;
reserve
■
Eastern
/
231;
•$126,974),
(less
receivable
$2,703,093,—V.
to
■)
cash
and accounts
to
a
;
amounted
1943,
94,039
income--—
income
excess
$1,000), $383,-. ,;
Inventories (less reserve of $10,000 for service parts), $148,912;
surrender value of .life insurance policy, $12,800;-inventory, $123,r-'.
746;
$1.10
after
1942
%
$108,984
income
Interest &
arid
Balance
notes
1942
v„,...
.
it
credit providing for loans to the
1946, to be evidenced by 90-day
the rate of 3%%
per annum,
in an amount not exceeding $15,000,000 at any one time outstanding,
the proceeds of which, loans are to be used to provide funds for
or^
to replace funds
used as working capital in connection with or on
account of War Production Contracts;
including cancelled contracts.
It is provided in such agreement that the company will, upon written
request, assign as security for the repayment of the promissory notes
\
•
1942,
and equipment,-and $6,165 in 1943, $20,424 in 1942
for amortization of dies;"tools -and patterns.
Assets—Cash
the
$338,509
$1.32
income-(also in
on
1943—3 Mos.—1942
taxes
&
income
Net
in
Power
--.ii
revenues
oper.
Other
cost basis,
Supplies Corp. and recorded
$32,010
30,
amounted
Missouri
V.-158,
$75,250;
of
from De¬
manufacturing
•v%7;
1943,
liabilities
exp.
Net
•«
1941
■■
.'■•
1943
the
to
conv.
company at
shares- ..7., y,
common
at Nov.
assets
current
Operating
,
$29,354 in 1941
included in the above statement for-deprecia¬
in
$32,815
1940 is
in
tion of plant
the
approximately .the
at
Corp.,
270,000
Period End, Sept. 30—
^Included in net sales is $638,732 realized from the sale to customers
trucks
shares
Effect
Agreement dated Jan.
and Guaranty Trust Co. of New York
;
provision for Federal taxes
contingencies of $50,000).
East
.
.
.
surplus, Oct. 31.. '
stk, (par $1)
of
61,000
by
Regulation V Loan—Pursuant to the provisions of a so-called Regu¬
$966,259 .! V $657,213
$863,444
on
stock.-
number
and
sinking
cumul.
lation
151,-p. 6.
for
the current
com.
a
$15,000,000,
:■
Earnings per share on
308,988
...438,463
741,259
807,194
Earnings' per share.
of
y..,
__A_„—$395,349
profit
reserve
"
Shs.
than
more
Giving
1959-_._^„-_
promissory
v"
$122,185
$961,228
cash
mortgages, -totaling
15,
Common
Duluth,
the
of
•■': •
its 120,000 shares of common stock.—V.
surplus,
in
6%
the-Canadian
proceedings
/'
y
5%
Jan.
,
-1—**,—•'.
common
reorganization
& Atlantic Rv.
Duplan Corp—Earnings—
taxes^.-—-
paid
.
10,000
30,000
$154,034 ;
for: Fed,
Total':
Divs.
4%
157
79,500
;
intervene in
Ry.'to
Shore
authorized
employed
used
are
Authorized
asking permission,, the Canadian Pacific told the ICC it owned
all the outstanding Duluth, South Shore & Atlantic first consolidated
7,698
.
521
186,800
Commission: has
Nuts
Capitalization
15-year
'
126,000
V
product.
earn,
Nov,.
10,515
1,810
%;,%:• 412
213.
p.
In
reconvers.
provis.
Balance,
at
:
3,650
Commerce
Interstate
South
9,787
,
159,
methods
war.
Stop
extensively in the assembly of aircraft
accessories such as carburetors, landing gear,'instruments and other
equipment, and in the assembly of aircraft engines.
Certain other
ordnance equipment subject
to
vibration, such as tanks and other
combat
vehicles,
radio
apparatus
and
other instruments,
require
considerable quantities of Elastic Stop Nuts.
.110,700
profits
.income
,
~
;
;
tax-1—'••>•,
peacetime
Excess
.6,077
,
.
tax—> 4.
against
to
■
total, $9,446,928.—V.
production
the
Elastic
shares
£>r$244,644;
-Pacific
$444,424
$792,409
3,258
.
Miscell.
Normal income
$206,166
835
%
liti¬
patent
the
.before
Duluth, South Shore & Atlantic Ry.—Canadian Pacific
Gets Intervention Approval—
' V
The
Patent
and
con¬
8,436
8,403
ment,
"
income —-a!-—--
Interest
for
reserve
352,907
shipping,
service
and /feen. exps.
'
$826,000;
surplus, $673,193; earned surplus, $963,448; estimated
shares of preferred stock of merged companies (repre¬
of preferred and 440 shares of common stock of
continuing corporation)'to be purchased for cash under merger agree¬
of
senting
cost
$2,517,217
1,749,439
249,052
goods sold-,—-
Interest),
plus1 accrued
capital
$3,200;
1940
1941
1942
$1,840,424
1,346,653
,-.r—*$3,145,456
admin,
Other
(& Subs.)—Earnings-
1943
,$l02
at-
•
tingencies, $100,000; reserve tor product guarantee, $17,340; reserve for
compensation Insurance, $8,000; preferred stock (par $25), $4,853,975;
class A common stock (par $li, $415,311; class B common stock (par $li,
Co.,below,
Years Ended Oct. 31-
1943,
1,
Divco Corp.—New Name—
See Divco-Twin Truck
349
Fairbanks Co.—Omits Common
Dividend—
to omit the common dividend ordinarily
Distributions of 10 cents each were made on
this issue on Feb.
1, May 1, Aug. 1 and Nov. 1, last year, and on
Aug. 1 and Nov. 2, 1942, while from Aug. 1, 1941, to and including
May 1, 1942, quarterly dividends of 15 cents each were paid.
George M. Naylor, President, announces that the company is now
actively engaged in renegotiation with the Navy department and that
until
the effect of such renegotiation upon the earnings and assets
of the company
could be estimated more accurately, the board had
felt it advisable to defer any common dividend payment.
The board
had also regarded as advisable that such payment be omitted at this
The
payable
directors
have
about Feb.
1.
voted
1
THE COMMERCIAL &
350
order
in
time
to
equip the company's plants, after the war, for peace-time business.
The regular quarterly dividend of $1.50 per share was declared
the 6% preferred stock, par $100, payable Feb. 1 to holders of
Jan. 21.—V. 158, p. 2251.
;
/
■
.
'/
on
record
$
revenues
Federal
Other
•"
taxes
—
deferred,
for
Provision
maintenance
retire,
Prop.
Net
Other
.
Net
(net)—
6,911,343
33,851,721
32,752,175
:/ 3,500,505
14,049,172
$19,802,549 $18,258,790
1,972,816
7,853,940
7,890,796
1,851,967
1,438,022
11,948,609
10,367,994
80,062
328,252
388,684
1,357-960/ 11,620,357
9,979,310
$3,410,838
applic
to minority'. interests ; AA.
.
*
'
.
subs.
of
income
.
1,779,791
A
.
of
Other
1,779,791
—,A~iA.
;/■ /161
income
Total
.Fed.
taxes
for Fed.
Prov.
i,'
income
'
9,523,805
7,986,750
taxes on
13,300
5,000
AA
—
67,600, ;//
/'
Total
Fed.
taxes
Fed.
Other
other than
on income
'
7,976
*6,509
4,690
37,812
85,107
555,032
debs.
on
expense
for Fed,
taxes
income
/•/;■/:
„
5,000
13,300
,
adjustment
after
of
for Federal
ended Sept. 30, 1942.
cum.
of
•'
■
.
A
-
.,
-'"/
>,
f
a
as
Dividend—•
of accu¬
payable
paid in
this issue amounted to $52.50
//'- A dividend of $1.75 per share has been declared on account
mulations, on the 79r
cumulative preferred stock/ par $100/
Feb. 1 to to holders of record Jan. 22.
A like amount was
quarter last year.
Arrearages on
share at Nov. 1, 1943.—V. 158, p. 2580.
each
per
:
:/-;/,//
//
.
32%—
General.Electric Co.—Orders Received Off
,
Hearing on Refunding Plan
hearing Feb.
follows:
.
bearing
debentures,
">:/. •.1
-
this
by
received
Orders
during
company
the year 1943
amounted
$1,360,643,000 compared with $2,003,039,000 for 1942, a decrease
32%, President Gerard Swope announced on Jan. 13.
Cancella¬
tions of orders during the past year totaled more than $450,000,000.
"The amount of unfilled orders on hand and assured business pend¬
on
7
.
The
of
following proposal's
.
r
an
interest rate
.
of.-3 V/L per annum, no
to approximately a
prices,'• Mr. Swope
at The close of the year 1943 was equivalent
year's output at current production rates and
•: ■'
••••' / •
/v v"■■
.7
ing
Stated,1
1943
In
periods
and
1942,
the orders received were
follows:
T" Period—
the serial debentures
'.■*■
•
■
quarterly
By
as
First
/
1943
Second
quarterquarter-..—-.
Third
,
quarter
'Fourth quarter-..—/
$422,047,000 ;
519,482,000
258,375,000
160,739,800
51,360,643,000
Year
:V- 1942
$299,120,000
Change
+ 41% /
566,252,000
474,077,000
663,590,000
—
8
—45
—76.
$2,003,039,000
.
—32%
'"'/:/ A'A /
/A'A'■/
this
'of
.-T
the
for
company
of March.
.
year
///
,
coveringThe operations
1943 will be issued in the latter part
\ T/:--;/"/ '-■/
••■'.!:-■ /' ■ ';/■"
/
that the annual report
It was also announced
Engines for First U. S, Propellor-less
Builds
Planes—
announcement that fighter
jet propulsion engines, had sue- .H
and would soon be in production,
is a background of many months of close co-operative effort between
British and American air forces, the Bell Aircraft Co, and the General
Electric Co., it was officially ^stated.
: "/"■'-/'
'/;--/: ;
General
Behind
recent
Arnold's
H.
H.
planes, powered by American-built
cessfully passed experimental tests
Co.—5% Bonds Called—
has called
company
porate trustee, *16 "Wall
divs. as
Oct.
.
,
for redemption as. of Feb. 15, 1944, all of
its outstanding first mortgage 5'r
bonds due 1954 at 101 % and in¬
terest.
Payment will be made at any time before date of redemption,
with full interest to Feb. 15/ 1944, at the Bankers Trust Co., cor¬
Per Share
Total
—
Florida Power & Light
—$6 Preferred— $7 2nd Preferred
Total
Per Share Total
—$7 Preferred—
Per Share
hold
will
summarized
are
The
;
V'\
V "
,
,
$1,072,409
$1,502,183
cumulative dividends on preferred
has/been made in the above statement
stocks, for which no provision
follows:
'■'/
Undee lared
60,683
'
undeclared
of
summary
67,600
overprovision
$18,750
capital stock tax applicable to the nine months
Note—A
,/
:
$178,281
$164,141
credit
"'Net
-,///';/
•
on
income
Net
$1,133,092
$1,569,783
$191,581
$169,141
..
——
General Cable Corp.—Accumulated
-
being indicated, in the
' / •':•. •■ /••''
■■
■-■
(2) It is proposed that $500,000 of the proceeds from the sale of
the new bonds is
to be -pledged with the trustees under the newmortgage, the money so pledged being subject to withdrawal against
'• future construction expenditures;
>
-/':.:/:/•// *:- v';■ •;/■■/ .■ <.•
(3i The
balance of
the proceeds, together with other funds of
•Florida Power Corp., is to be applied to the redemption of the first
mortgage bonds and debentures of Florida Power Corp. outstanding
and the first mortgage bonds and debentures issued by Florida' Public
Service Co. and assumed by Florida Power Corp. in connection with
the recent merger of these two companies.—V. 15.9,: p. 109,
6
■
/-
15. Payments
2/ 20 cents,-—
.:■//////:
■-
1943—3 Mos.—1942
T; 1943—9 Mos.—1942
profit—/
$2,707,798
$2,563,549 $7,713,826 $7,790,207
income___'_-._.-___>
667,202
583,544
1,883,196
1,781,742
'After taxes and charges.—V. 157, p. 1742...
/'t■./'//„:'
.
.
schedule of maturities of
38,288
37,116
9,512
declared on the common *
Period End. Sept. 30—
♦Net
/; (li
filing;
9/171
290.;:/.;::/_:/•-./..///■// /'-v-: '..//•/,.
153',;. p.
Gross
,
Florida Power Corp, proposes to issue and sell at competitive
-bidding $16,500,000 first - mortgage bond,s, to be dated Jan. 1, 1944,
and to
mature Jan.
1, 1974, no coupon rate for the bonds being
indicated in the filing, and proposes to issue and sell at private sale
to John Hancock Mutual Life
Insurance Co., at par $4,000,000 of
-'
serial
&
-..'AAA—Aa
Balance
Prov.
1,474,047
—
"
Power Corp.
SEC
The
which
$2,695,551
.1,524,165
$3,080,946
379,122
,
deductions.—.
int.
Other
disct.
debt
Amort.' of
$580,215
364,725
debentures
on
Industrial Securities Corp.—5-Cent Distribution
dividend of five cents per share has been
To
363,407
,.
expenses,
(less
Gatineau Power Co.—Earnings—
and July 30, last year.—
'
30
Jan.
on
109.
p.
Florida
19,267
'/ $543,037
Balance
159,
made
Feb. 7—
48,048
188,980
A-'——^—A
Interest
'
6.477
taxes
Expenses
Corp.—To Pay $1.60 Dividend— .
declared a dividend of $1.60 per share on the
Jan. 29 to holders of -record Jan, 22."/Distribu-.
haVe
directors
The
/
22,968
taxes
$12,577.611.—V. 157, p. 219.
capital stock,: payable
tions of $1 each were
$3,126,273
$3,667,281
$677,988
$761,462
————
undivided
(The) First Boston
1943—12 Mos.—1942
$3,666,335 $3,125,652
946
621
$761,301
V
161
A^AA''
income
Other
V.
(Company Only)
1943—3 Mos.—1942
$677,976
12
'
subs...
from
of Income
Statement
Comparative
Period End. Sept. 30—
Gross, inc.
$2,320,000; surplus, $6,900,000:
stock,
sundry, $7,481; total,
V.
■
loans,
Liabilities—Capital
60,683
i
taxes
income
stock, par $1, payable Feb. 1 to holders of record Jan.
last year were as follows:
Feb. l, five cents, and Aug.
■
profits, $381,293; depreciation, reserve for real estate, $1,555,652; de•preciation, reserve for mortgages, $45,000; reserve for depreciation,
$301,600; reserve for depreciation, furniture/and fixtures, $2,787; re¬
serve for taxes, $84,500;
deposits, $932,816; dividends unpaid, $46,482;
9.456,205
7,926,067
aNet
credit after adjustment of $18,750 overprovision for Federal
capital stock tax applicable to the nine months ended Sept. 30, 1942.
TFull dividend requirements applicable to respective periods whether
earned or unearned. ,
;• /•i;
■ /
/•■/■
/;•,/; A;//
■
/T
$172,550; real estate, $4,764,231bonds and mortgages,!
stocks and bonds, $6,488,517; ' fixtures, $11,148; accrued
interest, $45,094; sundry, $32,137; total, $12,577,611. •
;
858,265
1,182,631
-J/,.
surplus
Balance
.
1,562,459
871,565
,
banks, $936,234; time and
and deposited in
office
in
Assets—Cash
363,407
1,511,163
.■'
85,107
1,187,631
AAA—-A-
Balance
555,032
388,634
1943
■
/'^/ :•-//•/;,//■/..-/.-;//
-■'// /-/
Fulton
A
$127,700;
19,267
37,812
4,690
•
49,157
87,000
■'.■'■/■ $29,074.
rents, sales from real
':/,:,/■///■/.*;'-
Balance Sheet, Dec. 81,
/
Canadian
dividends,
interest,
from
income
/"v::;/
:*
•
188,980
373,896 /
—1,4—/
& other deducts../.
Expenses '
Int.
48,048
7,976
22,968
taxes,/AAA--A
Other
"'6,509
,
'
6,477
income
on
9,979,931
,
demand
than
other
taxes
Fed.
621
,
1,357,972
1,779,952
'
946
"'Includes
-estate,/etc;
(less
.
payable—banks,
$5,000,000;
accounts \ payable, :
$1,725,150; provision for Federal and
U. S.' Treasury tax savings notes of
$3,345,000), $7,889,157;. 3% sinking fund debentures, due Dec. L 1956,
$3,800,000; reserve for employees' benefits, $226,200; reserve for patentlitigation/ $133,070; reserve for contingencies, $1,850,000; minority
interest in capital stock and surplus of subsidiary, $22.9,285; common
stock,(par $10), $4,266,760; capital surplus, $1,992,231; earned surplus,.
$7,029,237; total, $38.426,172.—V. 158, p. 2361.
... //'
'
.—-h-h—,V :'/■ $214,674.,
paid;//: 185,600 ■
'
receivable
.Liabilities—Notes
$4,285,0$2'; accrued
profit
'Dividends
9.979,310
"
12
T'T/.,
-
11,620,357
11,621,303
1,357,960
Dec. 31, 1943
and income'taxes
Surplus
corp. in
subs. A_A
of
equity
income
estimated capital stock
'
Elec. Pwr, & Lt. Corp.v-
Net
;/A,/;A;>v
depreciaticn__i.-i._^_„__^__:—AAA-AA'AjvA
for
Reserves for
•'// Net
equity of corp. in
Net
Earnings for Year Ended
/
customers'
.
-
$427,573
expenses-——'———rA-A—. ,/A. 76,742'
Gross
Operating
Reserves
'
72,176
./-'"A //
'/,.
banks and
in
accounts
tomers'
$38,426,172.
1,937,987
AAuAA-.A/
on hand, $6,746,976; cash on time de¬
notes and contracts receivable and cusreserve for bad debts of $673,345),
$8,146,124; • sundry notes ; and accounts receivak(le and advances (in¬
cluding $4,778 due from employees), $313,323;/inventories, $14,795,497;
■surrender value of life insurance policies, $275,781; land ahd buildings
and sundry investments
(less reserves of $70,434), $170,162; capital
stock
of
affiliated company—at cost,
$150,000; postwar refund of
Federal excess profits tax, $1,037,827; property, plant and equipment
(less reserve for depreciation and amortization of $5,475,303), $4,233,456; patents,, trade-marks and goodwill, $1; prepaid expenses, $389,830;
deferred charges on war contracts
(balance: unamortized!, $347,269;
debenture discount and expense' (balance unamortized), $69,926; total,
Assets—Cash
posit,. $ 1.,750,000;
.
:
Pennsylvania—Earnings—
Finance Co. of
divs. to public:
...
Sept. 30, 1943
Consolidated Balance Sheet,
-
14,493,385
.
3,416,827
Portion
•:
32,386,756
365,419
$3,789,954
Balance
-
33,412,950
438,771
7,206,781
deductions LAa
Balance'
fPfd.
6,894,228
17,115
and
public
to
int.
other
5,429,732'
7,177,866
28,915
income
Gross
.
5,544,707
-
income
22,312,484
23,632,874
1
revenues—
opor.
the National Association of Insurance Commissioners with respect
and certain other assets.
/'.'•// : ' ;
Predicting higher loss ratios under Fidelity bonds during the next
several
years,
Mr.
Bach pointed out that bonded employees are
handling more money than ever before due to, the greatly increased
volume of wartime business. . In many cases, he said, employers lack
both the time and facilities to supervise adequately the activities of
such moneyrhandling employees.
'Outside auditing facilities also are
not as readily available as heretofore, due to the manpower shortage
in that profession, and it 'is to be expected that many defalcations
now
being committed will not be discovered until at a much later
date.—V. 158, p,; 1636.
,,,
•'\ ,=' ;■ ' ••'. '•//■; . / •// //'; ;:• /': v -A■ ,/'
securities
to
'
deplet.
'
reserve
on
/
91.77%,
or.
insurance
the
lby
225,000
■"'V/
225.000
reserve-
&
his
fact
departments require such statements to be made
standardized forms and in accordance with valuations established
that
45,944,133
6,613,327
18,321,356
13,516,125
19,459,360
13,735,230
4,813,333
3,435,231
4,989,776
3,284,095
taxes
an
1943 fiscal year, company purchased 13,095
close of the
the
to
Sprayer &
State ihsur-/.
to be $15,-
increase of $2,498,505 over the amount shown in
annual report.
This increase. it was explained, was due to the
552,273,
139,094,681
;r33,842,335 147,715,372
13,166,725
11,510,026 49,937,441
1,987,591
1/759,785
7,312,517
36,375,760
—~
Operation
Maintenance
$
.
year, - Billings and
1943 fiscal year are
of the outstanding capital stock of The Niagara
Chemical Co., Ine., at a cost of $2,095,200., This company
is
one
of the largest
manufacturers of insecticides and fungicides
and
operates
plants at Middleporc,
N.: Y„ Burlington^ ■ Can., and
Jacksonville, Fla.
/
'
'
1 ■
.' ''
/'
fact that the com¬
the
balled to
was
pany's statement of condition as reported to the-various
ance
departments, would show its policyholders' surplus
1943—12 Mos.—1942
S
S
1943—3 Mos.—1942
Subsidiaries-
Operating
Subs.)—Earnings—
(&
Electric Power & Light Corp.
Period End. Sept. 30—
attention
stockholders'
fiscal
Acquisitions
Prior
shares
purposes.
The
refund
the
after
its- current
in the operating results for our
referred to has been deducted. /
profits reflected
'pany's
during
manufactured
materials
through appreciation of $377,262 of the book value of the comsecurities and by the contribution of $72,737: from earnings.
He also reported that a contingent loss reserve of $1,700,000 had been
established.
This is a tax-paid reserve' free of all liabilities and
available ; for
catastrophe
or
excessive losses
or ■ other
corporate
year
provide funds to re-
the company's cash to
conserve
Monday, January 24, 1944
FINANCIAL CHRONICLE
.
Following years of work on jet propulsion engines dating back to
the RAF in July, 1941, transmitted to the U. S. Army Air
/"Forces information on a jet propulsion engine which had flown suc¬
1933,
Street,"New York City.
Redemption—
•,
cessfully two months before.
Recognizing the tremendous possibilities
of this new form of aircraft power unit, the U. S. Air Forces asked
Smith, President, on Jan. 14 announced that the $7
that an engine be sent to this country, and in September, 1941, the
requiremt's
7.00 '
3.599,134
6.00
1,532,568
7,00
523,698 / preferred stock has been called for redemption on Feb. 14, 1944, at
engine that had made the first flight was turned over to the General
$110 per share. Holders may surrender their certificates at the Irving
Electric Co.
:-/v.
'.// / * "■;-:',/.
Trust Co., One Wall Street, New York City, at/any time prior to "the
Undeclared
':•/
'•■//'••l/ A/.A- : ///AAA..:;/ A.\AT'A ' ?
In
less than six months, the first of a number of jet propulsion
."redemption date and receive the full redemption price,/-T^-T-:--//-'.'"-;-TT
cum. divs. as
"" V. .;
A/
'/
/■
■/'./
.
A dividend of
83 6/10 cents per share has been declared on pre¬
engines of modified design was ready for test. The Bell Aircraft Co.
of '"Sept.
1,
;•
A/
/'AA A.vA',;/VA/'/At A'-A
carried out their assignment to build a plane suitable to operate with
ferred stock for payment Feb; 1, '1944, to stockholders of record at
•1943
$73.96% $38,030,849 $63,40 $16,194,135 $80.50 $6,022,527
the close of business Jan. 14, 1944., This dividend -covers-the-period
/'•two of these engines, and in October, 1942, the first successful flight
*
For the 12 months ended Sept. 30, 1943 (based on number of shares
in this country of a plane without, propeliors was made/
Since then
1942
1,
Preferred Stock also Called for
$34,431,715 $57,40 $14,661,567 $73.50 $5,498,829
$66,96%
——
♦Annual
V
div.
McGregor
,
,
.
,
■
outstanding
end
at
period). /AAA/■■■A/■•
of
Balance Sheet,
■'-'/A.
/
1944./Dividend checks: will not-be mailed until Feb.
1944, the announcement added. See also V. 159, p, 214.
Jan.
•
1,
to Feb.. 14,
1
.
•
England,
■
Assets—Investment securities and advances
Food Machinery Corp. (&
(subsidiaries, etc.). $177,-
special cash deposits,
(U. S. Government obligations),
$542,000; dividends .receivable (associate, companies), $281,488;. other
current assets, $44,207; unamortized debt discount and expense, $3,167,002; prepayments, $13,181; reacquired capital stock (973 shares of
$7 preferred stock and 902 shares of common stock), $103,109; total
992,743; cash, in banks (on demand),.$15,067,688;
cash
temporary
Years End.
investments
♦Net
sales
Cost, of
Net
stock
(no
value),
par
long-term
$155,044,139:
debt
(gold debentures, 5T
series, due 2030), $29,178,000; accounts
payable, $15,692; accrued interest (including $1,629 for which cash is
special cash deposits), $245,7.091 accrued taxes, $80,115; total cur¬
rent liabilities, $355,304; reserve. $156,069; earned surplus. $8,486,568;
Total
total, $193,220,081.—V.
profit- $12,928,357
income.
149,145
$6,017,973
$2,724,491
294,298
313,745
discount
Plant
removal
-
?
,
New
•
trol
Federated Petroleums, Ltd.—One-Cent Dividend—
directors
The
Jan,
have
stock,
common
declared
compares
dividend
a
payable
value,
par
no
This
31.
with
1%
1
of
Feb.
cent
21
each
cents
per share
holders of
to
paid
Sept.
on
on
Net
the
1943,
'
Oct.
on
28,
and
1942,
with
1
cent
each
Feb.
on
20
Dec
and
30
Net
and
Net
premiums
insurance
of
$10,540,174
--
'
profit ,—;—
dividends
Common
dividends
Common
written
were
equal-
shs.
this
company
Jan.
18
the
to
This
represents
1942
net
during 1943. according to the annual report mailed
company's stockholders by President Frank A. Bach.
of
decrease
a
$755,381
compared
company^
the
to
Bach
stated, occurred entirely
in the Contract Bond Department and was due partly .to the country¬
wide decline in the building and construction industry that occurred
last
writings.
year
■premium
a
to
bonds
in
approximately
of
reduction
a
for
Mr.
with
connection
year...
total of
company's assets
$31,876,929.
the
are
amount
to
books
its
on
$18,477,576
in
•amounted
the
year
or
After
451/
in
the
Federal
•
the
earned
are
decrease,
building
All other lines written by the company showed ah increase
During
to
partly
allowed
rates
projects.
for The
and
This
of
in
Bond
at
and stock
$23/148,799.
bonds,
which
$16,887,326.
by
$2,215 311
investments of the
Of
include
Cash
these
U.
company
investments
S.
banks
in
7.9 8V
Government
at
the
end
issues
of
1943
$4,855,880.
payment
of $720,000
and
providing
for
all
neces-
*n!7 added $795,549 to surplus. a®^e latter, at to voluntary reserves,
rrmAaVe«S'7osHf4QC0(mPany iSet The ®783-566 the close of business
of
Dec.
31,
Bach
called
has
the
a
company
now
lalue
securities..
of
stood
at
$10,653,767.
surplus amounted
policyholders
Mr.
1943,
reserve
of
attention
Si,450,000
reserve, was
of
the
same
date,
the
that
the
to $13,053,767.
stockholders'
This
As
($10 pari--,„——
per share
to
the
fact
for fluctuation in market
increased $450,000 during the
w—-—
v
■/General
$1,670,704
$2,144,003
$1,752,926
15,250
$1,913,866
90,000
746,683
746,683
640,014
426.676 '
$4.07
426,676
$4.27
426,676
$3.70
$5.02
-
•
(less
tax
income
taxes
of
postwar refund of $942,480),
/ \
$16,115.
Renegotiation
close
of
Gibson,
T.
Frosted
of
Burt C.
of
Corp.—Subsidiary's Name Changed—
Vice
President, on Jan. 13 announced
Corp. was changed recently
Sales
Foods
that the
to Birds
-
of the new corporation have been elected:
George L. Mentley, Vice President in charge
Bailey, Vice President in" charge of production;
Barr, Vice President in charge of marketing and advertis¬
Olney,, President;
sales;
Donald
Proceedings—Contingency Reserves
our 1943 fiscal year company added to the reserve
$1,142,178. The total amount in this reserve Sept.
30,. 1943, amounted to $1,850,000.
This reserve among other things,
is set aside to provide for possible losses in connection with liquida¬
tion of excess inventories, amortization of idle facilities, accelerated
depreciation of tools due to continuous use and cost of conversion
from war to peace-time manufacture.
On Sept, 30, 19.43, -company sent to the Secretary of the Navy its
check for $1,750,000, representing voluntary refund of profits on war
the
229,058 on Dec. 28, record
announced last week by W. W.
totalled
Eye-Snider, Inc.'
The following officers
•
contingencies.
for
electronic con¬
(GEA-4126)
new 12-page bulletin
Jan. 25 dividend, it was
General Foods
name
$8,577,916, and other
Renegotiation; proceedings for the year ended Sept.'30, 1942, have
been concluded.
After giving effect to credit for Federal income and
excess profits taxes a
net refund of $71,641 was made to the United
States Government, and this amount was charged to the reserve for
stockholders
Electric
for .the
Edwin
revenue
profits
a
Trench, Secretary.
.
;
426,676
in
Of this number 45% are women. Their geograph¬
ical locations cover every State in the Union. A year ago, on Dec, 18,
1942. the total was 221,501, so that the present all time high is an
increase of approximately 7,500' in the past year.—V. 159, p. 216.
.
90,000
746,683
the various applications of
Number of Stockholders Gain—
/'-/-
//-
from leased machinery,'processes and royalties,
flhcludes- $379,118 for Federal excess profits taX/ ^Includes provisions
for excess
profits tax
(less postwar refund of $34,8381, $2,805,448,
and other
income taxes of $18,388.
^Includes,; provision for excess'
TIncluding
At
Of dividends
and
es
ing
Earnings
,
increased
Were
..
and
recently issued by the General Electric Co.
$1,913,866 ' $1,670,704
outstand-
'
by
on
229,462
^
Preferred
& Deposit Co. uf Maryland—Assets Increase
bonding
conting,_—
ization
.
interestingly described
are
date
,1941.—V. 156, p. 1237.
Fidelity
$3,286,181
$2,382,388
1,142,178 /,'.; 400.000
-A:-. V ••;/''•;/'•:
—
for price
Reserve
■■
and
for
Reserve
record
28
income
•
-
C.
Electric Publication Issued—
General
fundamentals
The
/
22,930
v /
expqnse-
of R.
appointment
.
421,715
$6,312,272
$3,038,236 /, $2, 136,381
465,677
13.830,598 11,101,439
■'-. --■ ■ /■' T
/-v '
' ///'■
127,923 -... ."•■ 99,285 ■
and
in
altitudes,
Hardy as District Manager of General tJ
Cleveland, Ohio, has been announced
by L. T. Blaisdell, Commercial Vice-President of the East Central
District.
Mr. Hardy succeeds the late Erie F. Whitney, who had been
I
mangager for 14 years.
' ■ ! './,/
'
E. A. Green has been named General Assistant to the Manager of
General Electric's motor division, according to an announcement made
by W. H.- Henry, Manager of the Motor Division.
This appointment
en'ective immediately,'.
.-/
,"/
The
$1, 714,666
.
here and
been made, both
have
them at extreme high speeds and high
mishap.
'...-'■■; .;7v",..T/.t "./.
Electric's Central Station division,
415,708
.
flights
successful
of
single
a
/// New District Manager, Etc.—
:/'//■
8,256,548
$13,077,502
§9,663,398
faxes
for
int.
/ expense
1824.
158, p.
2,905,171
592,107
income
Provision
Debt
10,292,311
455,392
39,246.511
1,031,691
operating
Miscellaneous
.in
■
1942
1941- /
1940
$9,515,251 $13,472,194 $10,386,921
:/•/*;'/
;
etc.
expenses,
'
oper.
.Depreciation
$193,220,081.
Liabilities—Capital
and
sales
Subs.)—Earnings—
1943
$53,256,559
Sept. 30—
many
without
all
'
,$8,662;
hundred
several
Sept. .30, 1943
George
E.
O.
Pre,scott. Secretary and Robert-L. Garner, Treasurer.
of Birds Eye-Snider, Inc. include the following General
officers: Charles W. Metcalf, Executive Vice President;
Udell
C.
Young,
Vice
President in charge of manufacturing and
■engineering; John S. Prescott, Vice President and Secretary; and Mr.
Gibson.
Mr,
Olney was made a director.—V. 159, p. 7,
ing;
/
John S.
Directors
Foods
contingencies
Corp.
General
Motors
Corp.—Conservation
Program
by
Chevrolet Motor Division—
„
•
.
Designed to help assure maintenance of the
through preservation of the basically
facilities
instances,
service
irreplaceable
departments,
a
nation's' transportation
essential, and, In many
maintenance tools and equipment in dealers'
modern and comprehensive wartime tool con-
Volume
servation
the
reaching
for
Motor
It
says.
nation-wide
of
program
Chevrolet
ment
is
basis
has
General
of
one
as
$4,177,655;
just been inaugurated by
Motors
the
Corp.,
and
General Shoe
value of
assets
Corp.—Annual Report—
Sales,
Dec.
on
Discount
redemption, reduces the lunded
Oct.
11,
1943,
and
the
on
amounts
Directors
market
open
the
as
on~Dec,
from
board
time
to
payment
securities
»
impairment
an
circumstances
the
the
of
payment
future
dividends
would
at the
be
had been
of
Profit
business
declared
were
cumulative
on-the
including those dividends normally payable
to
Net
$473,300,
;
.
Comparative
v. ..
.
of
Years
Ended
Total
income
V-—
Deductions
Federal
Other
~
income
tax
;
benture
Net
indenture
income
Cash
security profits
based
less than
depreciation
the market value
on
that
shown
Dec.
at
of
Balance
Sheet,
•
Dec.
U.
S.
....
Accounts
and
receivable
securities
for
S.
Office
and
accrued
equipment
1942
•'
Other
,
with
dividends
Capital
$6
($10
par
15.000
y
—.
66.989
,.
118,384
i....-;-
for
for
Note—Pursuant to authorization of the board of directors
revenues
;
"
''■(V'-'i. •■'''
....
'J
y
at
'•.'."rlj
retirement,
(no
goods
general
1943
Net
Prov.
1942
-1941
-
v
for
payment
1942.—V.
of
158,
Federal
operating
76,225,689
Prov.
from
at
to
for
in
1943
and
"
$5,125,030
312,781
1,276,116
1,010,000
t3,375,000
profits
excess
Dominion' and
State
tax—
1,062,000
88,000
tax.
$5,437,810
73,89.9
521,580335,864
254,295
deductions
deprec.: and depletion
income
$5,921,237
225,219
$8,212,990
200,763
for
140,000
taxes——
1,055,137
1,090,000
Liabilities—7%
846,862
750,000;
990,000
15,000
150,000
$250,000;
10,617
Cr26,452
743,979
1,077,206
1,143,788
$805,234
$1.87
$327,560
$1.70
of
$3,010,390
448,986
$1,853,753
448,986
funded
15,796
$1,988,199
'5%
receivables,
•
of
profit
Dividends
pfd.
conv.
on
stock..
Dividends on common stock—.
:
-
case
Surplus
Earnings
share of common stk.
per
>Including .provision of.$1,276,116
amortization.
Adrian
D.
:
depreciation,
for
depletion
tAfter deducting $375,000 post-war refund.
President,
Joyce,
states:
%
.
'
The renegotiation of the company; for the period ended
in no assessment and inasmuch as the general
resulted
company
do
We
'
pro¬
■
When
and
of
j
1942
1941
$50,327
$336,682
$112,876
102,784
$201,736
301:256
221,391
Consolidated, Balance Sheet,
%
31, 1943
Oct.
cash
$244,935),
$6,271,318;
of life
insurance,
$587,736;
miscellaneous'
notes and accounts receivable and advances (less reserves of $17,048),
$164,989; estimated post-war refund of excess profits taxes, $408,300;;
049;
surrender
value
investments, $35,893; property, plant and equipment (less reserves'
depreciation, depletion and amortization of $10,908,927), $17,236,-
other
for
to manufacture (less
deferred charges $543,672; total, $52,476,771.
750;
patents
and
rights
Liabilities—Notes
accounts
insurance,
U.
S.
payable,
payable to banks
$5,255,869; accrued
$640,846;
Treasury
Federal,
notes,
tax
State
series,
$705,000),
•
$4,289,691;
The
Like
taxes
(less
long-term
(per
157, p.
declared
an
amounts
1943;
in stock.—V.
deficit*
$2,750,000;
for
contra),
474..
claims
at
truck
motor
dealers.The
combination
company's
be
similar
of
divisions
to
handle
other
products
or
of
groups
"division"
is a new unit. The "division''; differs from a
in that a Harvester "department" has a single func-.
engineering or manufacturing, w?hile a "division" will
within itself all functions necessary to design, produce, and,
cases, market the product.—V,
158, p. 2253.
such
;
as
V.
to
proposes
sell
all
were
dividend of
disbursed
the company
on
paid
10
Sept.
an
taxes,
Dec.
Co.
York,
16
of
in
counts
Two
action
the
Counts
16
of
of
Pre¬
Formed—
and
the Securities
Ex¬
the
gross
have
Iowa
Bank
N.
&
Y.—
of
a
p.
a
director of The Midland National Bank of
Henry
Judge
N.
for appointment
shares
39,460
of
Title Insurance
Co.
of
2363.
Co.—Receivership Denied—
Graven
at
Newton,
Iowa,
denied
of a receiver for the company,
stock
in the
company
held by
Jan.
but
19
ruled
Martha Bech-
Davenport, Iowa.
ruling
on
the stock had the
the Bechtel interests
developing the company.
The
The
director of the Real Estate
158,
pany
stock
of
Harrison
Southern Utilities
request
invalid
The
The
Von Kuster is also
District
tel
of
M.
and
elected 1 directors.
been
Minneapolis and
Minneapolis.—V.
•
John
Minneapolis),
Justice
the David C. Bell Investment
(Vice-President of Marsh and
Honorable
Henry
M.
Gallagher
Minnesota Supreme Court, Waseca, Minn.),
(President
Kuster
Minneapolis),
(ex-Chief
1,
of the outstanding .first mortgage 5%
gold bonds due March 1,
1950,'have been called for redemption as of March 1, 1944, at 110
and
interest, it was announced on Jan. 10 by Public Service Co¬
Von
E.
of
Mr.
Chemical
Syndicate—Final
two
alleging
McLellan,
extra of 25 cents
New
Etc.—
elected President, succeeding H, W,
of the board.—V. 158* p. 2253.
Elects Three Directors—
Paul
a
Broadway,
Corp.—New President,
been
misconduct and abuse of trust in operation,
of the companies were involved in the action.
The settlement in no
way involves any admission of wrongdoing on the part of any of the
defendants, but was actuated by a desire to avoid lengthy litigation,
W. H. Oppenheimer, counsel for the concerns, told the court. '
It
was
also explained-to
the court that Investors Syndicate has
named three independent trustees in a voting-trust agreement/ These
are Henry M. Gallagher of Waseca, Minn., State Supreme Court
Chief
Justice
who
resigned Jan,
i; John M. Harrison and Paul E. Von
Kuster, both of Minneapolis.
Counts
earnings for the year 1942 have been
to $2.37 per share due to renegotiation
165
has
signed last Oct. 18, The suit alleged certain sales practices, which
three companies denied.
1937.
Payment, will be made at the
Mining
becomes-Chairman
change Commission against Investors Syndicate and two affiliated
firms, Investors Syndicate of America, Inc., and Investors Mutual,
Inc.* were dismissed in Federal Court at Minneapolis Jan.
17 by
Judge Gunnar IP. Nordbye.
Dismissal followed a motion of Edward H. Cashion, counsel for the
SEC.
The other 14 counts has been disposed of in a consent degree
Hubbell, Inc.—Renegotiation Completed—
trustee,
final
The
•
&
used
in the City
and
Carlsbad, N. Mex.—
';":7:;';.
Douglas
B.'
Investors
cents per
I
'
ferred by SEC are Dismissed—Voting Trust
Harrison
to
gas
110.
International
Donald
its property
of
for additional facilities at its plants in
159,' p.
Chadbourne who
$126,063;
accrued
$90,000;
company's contract with the Defense Plant Corporation has been 1
to $18,850,000
through the authorization of an additional
The
All
47.
factories
and
will
The
some
corporation, reports-that
p.
exclusive
as
'
$175,000
and for collection
and overcharges,
of. manufactured
extra
158, p.
from $2.66 per share
refund.—V. .158, p. 578. ,•
78,
truck
motor
increased
2046.
p.
reduced
V.
jurisdiction-will include the
'
Facilities—
contingencies
investment firm,
.June:30,
ordinated Transport.
Trust
Co.,
successor
divi-
.$19,654
Hudson River Traction Co.—Bonds Called-—
debt, $5,000,000; minority interest, $186,544; 4V2 % cum, conv. preferred
stock (par $50), $9,997,000; common stock (835^531 no par shares);
(Harvey)
•
through broker, $5,700,000;
taxes, royalties, interest and
Dominion "income
15.
on
has
truck
President,-
and
truck
contain
$98,545;
or
and
of
amortization),
Feb.
while
International
new
entire
trucks.
President,
is.
tion,
share
and the usual quarterly dividend of 50 cents per share on the class A
and class B stocks, no par value, all payable March 1 to holders of
in cash and 2%
Vice
"department"
'
last,
the
to
creation
have
International
Second
the
to
of
This program is expected to take shape gradually as experi¬
gained with the new form of organization.
Heretofore the' Harvester company has been organized by depart-*
Hancock Oil Co. of Calif.—Extra Distribution—
record
$3,888,917;-frade^■•'notes
and accounts receivabley(less
inventories, $22,889,602; other cur¬
rent accounts receivable and advances (less reserve of $27,906), $351,of
Assistant
to
company
Division
the
announced
distribution
and
directly
12
the
of
products.
in
"$105,210
report
Motor Truck
—
Jan.
on
division
engineering
merits.
33,000
.
will
creation
:
88,861
$439,467
reserves
andodistribution
have
President,
truck
former
Moulder's
well
ence
51,709
for
company
Pa., .an
HagerstoWn, Md.—V. 158,
.The directors
Harvester Co.
motor
farm
equipment sales branches and combination
managed
cooperatively by
the International
truck
division
and
other interested departments of
the company.
It is understood that the Harvester company contemplates probable '
(Md.) ,Gas Co.—Sale Proposed—
of
'C
prices, sales profits, etc.; did not change during 1943
expect there will be any assessment against 1943 profits
as renegotiations are completed. •
;
; "
Assets—Cash,
1943
.that, the
Philadelphia,
($646,686
design, production,
Wayne
as
$923,408
810,532
$100),
$129,439;
the-manufacture
the
.
reserve
reported
.$652,908
market), $4,490,296;
on hand, $31,827; accrued interest
(purchased U. S.
bondsi, $165; due from brokers, $3,230; total, $4,525,517.
Moulder,
dealers
.
(par
in
to
as
not
'
.
-
of
$661,563
Sheet, Dec. 81, 1943
International Minerals & Chemical Corp.—To Increase
reserves
July 1.
Hagerstown
It. Is
Co.
Oct.' 31, 1942,
policy
due
117,420
Indianapolis, Ind.,. : and Springfield, O.; the motor
department at Ft. Wayne; and all exclusive motor
truck sales operations, both wholesale and retail; in the United States,
Sheet, June 30, 1943
$4,865;'total, $9,323,486—V.
and
.
bonds
107,950
appointed General. Manager of the
truck
bank, loan (secured by pledge of sugar bags) (per contra),
bank overdraft, $156,354; accounts payable, in part;secured
(per contra), $163,427: accrued wages, $54,208; interest on first mort¬
gage
99,800
and
Ft.
in
$1,001;
449,380 ^
•7
105,584
sion
Mr.
v
the
ruled .against>the
.
39,681
income
McCormick,
of
V.
P.
.
$100,254;
Net
.
Dr52,611
30.016-
$658;601
separate
a
'"
stock
"$816,718
banks and
in
Fowler
of
nori-cumulative first preferred stock (par $100), $2,second
preferred
stock
(par
$100),
debt, .$3,000,000;
$799,719
Cr820
31
Dec.
control
1,106,751
non-cumulative
common
various
$1,417,222
$3.80
Minority int. in prof, of subsid. co.
'
$791,379
Liabilities—Capital stock ($1 par), $465,800; capital surplus, $3,409,673; undistributed operating income. $658,601; treasury stock (1,100
shares), Dr$8,557; total, $4,525,517.—V. 158, p. 2469.
■'*^
rehearing
$119,080
656,239
been
1937.
taxes
646,686
-
oper.
International
221,115
income
652,908
;7°
Assets—Securities in portfolio (net book value at
Vice-
$1,443,433
income^........
.661,563
claim.
and
$102,036
profits
paid
cash
1,226,220
_________—i—.... V
$160,479
32,391
Government
$3,095,056
$153,033
Balance
Earnings—
operations.
6,211
$138,471
$796,576
627,173
1943
ry.
22,310
5,559
or credits.
of cancel, treas.
3,286,740
$1,276,547
expenses.
1940
$189,000
20,802
debits
3,644,447
•
a
1941
$179,393
26,117
,
Assets—Roadway, buildings and Boqueron Terminal (less reserve for 7
depreciation of $1,122,028)., $6,950,541; equipment (less reserve for de- >
preciation
of
$1,238,380), $453,646; construction work in progress, 7
$198,919; investmentin, and advances to, wholly-owned Cuban com-...
panies, $278,704; Cuban Government mail and transportation service,
$93,213; capital stock,in treasury (2,336 shares.of first preferred stock, .>■
1,530 shares of second preferred stock, and 2,323 shares of common
Stock), $i; deposits, $549; materials and supplies (at cost), $179,018;
empty sugar bags, in bond purchased in behalf of sugar mills (pledged
per
contra), $100,254; accounts receivable, $637,147; station agents'
and conductors'
balances,, $2,048;. listed - securities,, at market value
(pledged per contra), $9,025; Irving Trust. Co., deposit for interest on
first mortgage bonds (per
contra), $90,000; cash in banks and on.hand,
$11,280; deferred charges against future operations, $319,141; total,
$9,323,486.
.:7
63,776,677
$5,480,043
441,194
——_
for
income
Charges
•
$7,953,200
259,790
—
ask
to
1942
$134,943
496,300
Subsidiary—.
decided
.33%.
Years
$164,588
balance
Undistr.
,
p.
Calendar
taxes
cap.
for divs.
'.(. stock
Dividends
$12,160,915 $11,638,327
subsidiary.—V. 158,
79.82%
.78%
■
27,668
'Total
tLess U. S. Treasury tax
taxes,
1858.
p.
lor
19.85%
$162,611
income
Adjust,
407,798
183,217
& Rubber Co., Akron, O.—^New
a
&
3,646,388
3,848,779
......
__1
Account
'
627.391
:
1942
';
79.95%
...
earned
Previous
2,500,000
206,816
(par $1)___
income
Total
.
,
89,191,417
—
Federal normal
Federal
A
int., deprec., etc....
income
.
512,379
496,300
.J!,—
income
Other
•,
.
bank loans and serial notes
Sundry
Net
$232,002
53,834
2,350,000
218,819
...
Years Ended June 30—
1943
$33,600
admin.
selling,
income
on
1
92,162
conting.
Net''loss
expenses..
before
Total
Int.
sold,
of
Other
&
1943
<1.66%
17.61%,
..........'■
Income
Franchise
983,839
50,276
insurance
......
_
1943
58,050
■
par)
_________
Expenses
116,499
.1
A.
at
capital
compared
152,438
880,772
debentures.
fund
its
companies
.assets
Dividends
20,000
25,600
152,438
income
on
Railway operating revenue...
v
.
insurance
and
paid
was
composition
the end of Dec. 31, 1942, shows:
bonds
;>
4,809,648
■
57,650
,_u________
taxes
cents;
50,962
65,499
212,800
■.
___
.
•Railway
$97,144,617 $81,705,732 $68,901,706
sales
and
Other
(net)..
the-portfolio
...
Fire
136,948
_________
in
Casualty-surety companies
576,997
•
changes
condition
Treasury
motor
meet¬
a
the
521,000
5,933,595
*
recent
to
S.
2,337,115
■
2
Certificates, Inc.—Annual Report-
.1
U,
$1,986,178
(secured).
Guantanamo & Western IiR.-
(& Subs.)—Earnings-
years Ended Oct. 31-^
Profit
;
334,276
...
Balance
1944
$35,725
:
216.
Glidden Co.
Cost
..Due
1942
receivable......
employees....
"Profit.
Net
1943
31
$318,421
and
Georgia & Florida RR.—EarningsWeek Ended Jan. 7—
p.
in
with
Oct.
Chancery of New Jersey
posed plan of recapitalization.—'V. 159,,' p. 109.
from capital surplus.—V. 158,
share), by the transfer of $824,850
2361.
"v : "
V.
159,
$308,735
Portion
company has
the Court of
which
Securities, Ltd.—Bank Shares Div.—
Insuranshares
Inc.,
stock
held
The
$5,026,300
$4,378,699
:
Operating
9,117,799
As of Dec. 31,
1943, the liquidating value per share Of the
stock, valued at the bid side of the market, was $9.74.
im¬
Vy Guantanamo Sugar Co.—To Seek Rehearing—
ing held on Oct. 7, 1943, the capital of the corporation- represented
by the preferred stock outstanding on that date was increased from an
aggregate of $549,900 to $1,374,750 (namely, from $30 per share to $75
—V.
to
and
.
563,700
6,300
66.989
2,058.898
Dr89,442
Dr20,066
1,236,654
Total
per
10,416,055
$12,160,915 $11,638,327
Aircraft Corp.,
year
2.369,000
' 932,850
,
preferred stock purchased for retirement
p.
729,065
\
158, p. 2469.
April 1,
'
President of
'' '-:
.A' -■-'
series.
surplus
surplus
Earned
785,368
u
2,391
2,000,000 "
due 1953____._.._!
12,438 (1942, 13,790) shs.
200 (1942, 210) shares
series,
stock
2,572
'
stocks—
Common
11,487,280
2,147,253
35,406
trustee..!
Goodyear Tire
$10,789'
23,973
33,769.
$6,251
-
—
debentures, 5%
dividend
$5.50
13,058,494
income....
oper.
income
71.271,245
30, 1.822 cents.
In addition a 2*<a%
stock dividend
in Bank Group Shares on Jan. 2, 1943.—V.158, p. 1278.
.
Sheets,
"After reserve for bad debts and discounts.
$5,026,300
payable
....—
dividend
$6
equipment
merchandise..
__
stock
Total
,
notes
—
...-vw-
......
Preferred
983,866
Thomas A. Knowles has been appointed a Vice-President of the Good¬
Taxes'accrued
Convertible
17,820,956
1,006,856
205,341
Sept.
.
1,541
payable for securities purchased.....
Preferred
for
surplus
Liabilities—•
Accounts
19,795,529
174,131
109,461,614 100,579.481
semi-annual distribution of 2.75 cents per share has been declared
the Bank Group Shares, payable April 1 to holders of record Feb. 29.'
Cash distributions during 1943 were as follows:
$1.63
12,357
$4,378,699
—
—
76,607.591
1,636,513
Net
•■'
$1,820,777
383,500
surplus...
674,312
7,338
plant,
receivable
accounts
Earned
356,877
1,284
u
of
obligations
Government
Paid-in
$3 ,481,599-
sold....—2,733
depreciation)
(less
Total
■
amortization
expenses
tProvision
200,000
receivable.:
interest
6,699,776
1,016,562
1943, $191,000;
■
v..
$2,000,420 in
Dividends
profits tax,
hand__
on
accounts
officers
to
Common
299,615
excess
payable
Preferred
292,832
Federal
;—
Reserves
108,459
_
hand
8,224,034
Institutional
39,704
outside: companies..
2_.
refund of Fed. excess profits tax (est.)
Accrued
$746,138
securities............
on
31,
Dec.
299,242
...
_
banks
in
Total
31
$3,666,808
stocks
Government
in
at
1943
stocks
Bonds '
Cash
U.
Accounts
f/.') *y:"'-iV..;:.'-;"-'.;'•
Investments—
Preferred
and
15-year 314%. sinking
' ,v
Common
of
Real,, estate
Buildings, machinery and equip, etc.,
Goodwill, patents, and trade-marks
Dr$13,613
was
23,024
9,320,155
A
564,176
$1.90
1943
^Liabilities—
investments
16,434
10,247,452
—V,
$1,064,151
39,704
627,055
$1.57
share
Employees',stock.purchase accounts
123,162
investment list,
per
$1,023,373
627,393
',
Sinking fund
31, 1942.
Comparative
Assets—
.
as
$1,573,851
,1
509,700
V
Miscellaneous
Due
net
2,148,400
Inventories
1,804
$45,434
unrealized
$3,171,773
2,936,700
39,704
common
-Customers'
or
losses)
or
$4,165,836
income
$1,229,136
S.'Government
Due from
46,797
113,821
2
rev._
Net
21,940
______
banks and
in
Post-war
2,502
,
1943—11 Mos.—1942
9,343.1^9 109,635.745 100,844,822
10,263,886
Operating taxes
$1,595,791
175,057
.
payable under de¬
(exclusive-of
Note—The
1943,
taxes
Co.—Earnings—
1943—Month—1942
•Operating revenues..
Operating expenses
«
$3,346,830
Consolidated; Balance
1,000
;
•
interest and
13,752
taxes-.—..
on
.
taxes
Debenture
11,976
—-
dividends
Assets—
1942
47,723
$1,582,039
provements, charged to operations, amounted
$561,695 in 1942, and $326,508 in 1941.
U $158,150
$210,480
—
!
__
income
taxes
dividends
1
"
$3,334,854
89,981
$25,600.
Stock
31
Dec.
■'1943
■
$4,238,157
_____
$4,255,817
Note—Depreciation
v
■
Statement,
Income
■'S'%-r
share
2581,
p.
.....
__
."Less post-war refund
1942,
1944, amounted;
1,
of 40 cents per
21 to holders of record
like amount was made cm Nov. 10.
on
Earnings per
U.
Feb.
on
158,
revenues
Uncollectible oper.
■■
—
profit
Common
■
>
for
Preferred
on Dec. 31,
1943,
stock outstanding,
preferred
3,218,463
17,660
;
.
4,051,609
Operating
'
on Oct. 28,. 1937, had postponed,
the understanding
that when
by the •board, of directors these
to holders of the preferred stock .of
on Oct.
15, 1937.
during the year, and
since.—V.
none
dividend (No. 2)
a
$20, payable Feb.
par
distribution of
bad
—
with
dividends
stock,
initial
Period Ended Nov. 30—
$4,800,502
charges
before
"Provision
directors
payable only
'
...
income
Miscellaneous
directed
be
An
Illinois Bell Telephone
■
for tenders
the market value
in
.
profit.—.
income
for
$7,386,463
—
preferred
such prices and in
decline
a
■'
■
,
the corporation to such an extent as to
preferred stock capital.
In view of these
dividends
close of
dividends
No
undeclared
board
these
'
provision
.'Operating
of
of
should
payment
record
there
portfolio
and
expenses
■
■
$8,855,190
______
Miscellaneous
2,
date
the
in
-common
1941
4,617,033
•
time, as
may deem advisable;
directors
of
sales.._______
profit: .........I
general and administrative
Selling,
$1.50
on
last;
1942
$40,886,382 $33,738,750 $23,729,199
392,872
298,280
236,056
31,638.320 26,054,007
18,692.641
sales,;___,_„__
Gross
its
of
shares
allowances
directors have declared
the
'
1943, directed the payment on Dec. 8, 1943, .of,
per share on the $6 dividend preferred stock
and $1.37 Vt. per share on the $5.50 dividend
preferred stock to holders
of record Oct. 15, 1937.
These dividends had been declared at a meet¬
ing held on Sept. 2, 1937, payable on Nov. 1, 1937.
However, prior,'
the dividends
create
Idaho Power Co.—Common Dividend No. 2—
The
Jan, 25.
1943
—
and
returns
on
Cost' of
on the open market a total of
a cost of $424,328.
Corporation
5,662 shares of its preferred stock at
gives notice that, it may purchase additional
the
$8,961,567;
,
.
subsequently,
less
Total
debt $2,000,000.
Corporation purchased for retirement under an invitation
to
surplus,
Corp.—Earnings—
Years Ended Oct, 31
Service
Corporation called for redemption on July 4, 1943, $368,000 of its;
debentures. {5%
convertible series due
1953
at
101.
This, together
with Jme purchase of $1,000 of these debentures prior to the call for
such
earned
oh
31, 1943, was $3,807,606.
After
deducting $2,000,000 of debentures, the balance of assets was equal to
$143.03 per share of preferred
stock.
After a further deduction of
the preferred
stock at $100 pey share and $473,300 of
undeclared
.cumulative dividends on the preferred stock, the remaining assets
were equal to
11 cents per share of common stock on Dec, 31,
1943.
At the end cf 1942 the asset value for the
preferred stock was $69.72
per share.
-" v,
stock
$8,444,163;
surplus,
stock in treasury, at cost (common 10,088 shares, convertible
preferred 400 shares), jDr$176,565; total, $52,476,771.—V. 159, p. 8.
far
moves
market
dated
capital
351
capital
announce¬
an
important
most
made in the industry to keep cars and trucks operating
duration.---V. 159, p. 216.
the
The
of
Division
regarded
General Public
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
Bechtel
held
fication
in
by
shares
the
1938.
were
Bechtels
The
which
held
was
Bechtel
effect
had
of removing from the combeen largely responsible for
invalid
on
worthless
interests
the
at
ground
the
received
time
that
of
39,460
a
of
common
reclassi¬
358,000
issued in
action
increased
They are
petition Judge Graven
denying the receivership
no
charge of insolvency
In
been
3,000
held there had
that its manage¬
against the company,
competent
was
tain
Kendall Refining Co. (&
and
sales
Net
revenues
Depreciation
—
Depletion
Net
income—
income
Total
discount
charges
Interest
sales--—
Net
paid
share
per
..
—
—
•
Consolidated
$296,353
$2.10
Co.—Earnings—
W;;/"'."
Net
mdse.
manufac.
other
and
shoes
of
sales
■
fCost of shoes & mdse.
"sold
Deprec, of phys. prop.-,
Other
219,063
79,747
income
dividends
Bate
share
per
"
given
Fed.
administrative and warehouse expenses and credit losses
on purchases), "Includes excess profits taxes of $146,$5,951,013 in 1942 andJ$9,496,000 in 1943 and is after.deducting post war refund of Federal excess profits taxes of $104,848
in 1942 and $949,600 in 1943.
^Maintained on the "last in first out"
basis
(less income taxes applicable thereto 1.
77.777.7 .777 ,-.77
selling,
ties,
in
*
&
State
V.
Ltd.—Mill Operations, Etc.—
"Renegotiation of 1942 Government sales was
completed during the year, and settlement was consummated on a
basis fully provided for by
the 1942 consolidated income account as
published.
If any similar renegotiation settlement covering the year
1943 does become necessary, we feel it is adequately provided for in
the reserve for contingencies."
: •
7.-77y,;-'7
' >
The
7-7.7 %
stk.
Com.
:
cap.
.&
Capital and
'>},
1942;
.1943
■
'1940
1941
sur-
plus begin, of year:
•'
•
stock capital— $50,250,000 $50,250,000 $50,250,000 $50,250,000
Com;
Earned
surplus
Total
Net
*$80,033.635 $79,082,842 $78,560,805 $77,937,168
——
for
inc.
30
Nov.
7:,;
ended
year
6,737,648
above)—
(as
Divs.
In
dividends
—_
c'Com.
'
stock
common
on-
—V
treasury
7
7,207,038
.
6,994,953
6,473,612
$86,801,233 $86,077,795 $85,767,842 $84,410,780
6.030,000
6,030,000
6,700,000
5,862,500
Total
Common
27,687,168
28,310,805;
28,832,842
29,813,635
—
'7.
■"
Crl5,840
DrlG,920
Operating Costs
7
77'-7
stock cap. & sur-
"7 '7,
•
plus as at Nov. 30— $80,788,203
"_V.-
.
,
t$l,206.421
7''7
V
follows:
as
surplus
Consolidated
Balance
Sheet,
Assets—
,
property
tPhysical
Post
'Cash
S.
(net)
notes
1943
1,040,000
own
common stock—
receivable and advances--'
Advances to
&
SEmployees'
Inventories
Deferred
investments
222 972
19,255,192
18,832^697
9,449,066
,v,..
—
104,848
188,134
met)-—
1,238,000
243,134
§Company's
Accounts
i
16,002,933
472,805
in assoc. companies
receivable—_
32,778
—_——26,248,984
notes
__—__;
charges,
etc.-
1942
1
$15,558,330 $16,394,500
:
——
tax
Govt,
"... /
>7——:—7-
taxes
in stocks of other cos,
Investment
•tf.
Federal
'7-7
Nov.. 80
—,———
—
of
refund
war
'■;7;''■
77
capital $50,250,000 $50,250,000 $50,250,000 $50 250,000
30,538,203
29,813,635
28,832,842
28,310,805
stock
Common
Earned
416,825
——
Total
——
—
243T34
16,357^079
977's05
;
banks and
hand
on
1943
$29,881
;7 77v
—
$88,908,181 $86,970,408
'Liabilities—•
—
i
;
„
payable
7—
Officers', stockholders' and employees'
Accrued employees* vacations
Accounts
$50,250,000 $50,250,000
4,913,971
73,807
635,813
320,141
.
balances
^Employees' partial payments for war bonds—
Reserve
for
Insurance
Reserve
•sftpor
j|
l
for
contingencies—
cost
S
'
806,246
of
replacing
—
inventories-
surplus
805 454
1,000,000
reserve
excess
Earned
taxes
3,759,593
409,972
605 810
325 944
-r——-7—_L—.■
30,538!203
29,8137635
7
.
.
y.
.
..
'7
309,860
337,131
$755,630
$715,843 ■'
' 22,340
.
$88,908,181 $86,970,408
Total
after
depreciation
of
$26,445,443
in
1942
and
$27,129,438
in
I943
Operating
deposits for income and.social sec.
taxes and the purchase of war bonds..—,
Reserve for contingencies
Common stock (par $10)
———Employees'
surplus,
;
———-———
deficit
Total:——..
The
directors
common
'
-
a—^r.
—1
3,931,407
1,141,082
taxes
—V.
158,
——-
:
June
29,
75
$55,173,354
36,082,233
10,538,656
$793,682 : $9,269,943
$8,552,465
8,097,702
737,364
8,773,367
2583.
p.
Corp.—Reduces Capitalization—
Michigan Bumper
.
$5,230,097 $62,790,113,
3.451,608 39,721,831
984,807
13,798,339
$847,290
830,521
oper. income..-.
income—-—
Net
Net
special meeting held on Jan. 18 voted to
stock from 1,000,000 shares of $1 par
to. 250,000 shares of $1 par value and to reduce the number of
outstanding shares from 664,000 to 166,000.
This will wipe out a
deficit of $298,613 In earned surplus: account and paves the way for
The
at
stockholders
the
reduce
a
authorized common
value
10-cent dividend on the
of a
the
declaration
V.
154, p. 1266.;
%
.
..
Michigan Gas &
The
directors
of
account
Electric Co.—Accrued Dividends—
Jan.
on
smaller capitalization.—
7 ';7;
7 declared a
accumulations on
dividend of $1.50 per share on
the $6 preferred stock and
6" preferred
regular- quarterly dividends of $1.75 per share on the
1"/o prior lien stock and of $1.50 per share on the $6 prior lien stock,
all payable Feb. 1 to holders of record Jan. 15.
Distributions of $1.50
per share were made on both, classes of preferred stock on Dec.
29,
1943, the first since February, 1933. 1
■ '
• ' 7;• All arrearages on the two classes of prior lien stock were also wiped
out on Dec. 29. last.
See V. 159, p. 10.
• v, v
stock,
and
the
Hart, Inc.—Three
Miller &
...
9,945
18,607
.
1,735
5,470
15,000
245,130
'884,442
465,141
245,130
" 970,237 '
'552,928
$755,63d
$715,843.
,
Preferred Dividends—
'
a dividend of 75 cents per share on the
payable Jan. 25 to holders cf record Jan. 20.
follows: Jan. 20 and April 15, 50 cents
cent's, and Sept, 27, $1.75.—V. 158, p. 1279.
—
dividends of 25 cents per share
$10, payable March 13, June 12
and Sept, 12 to holders of record March 3, June 2 and Sept. 2, re¬
spectively." Distributions of 50 cents each were made on . March 12,
June 12, Sept. .12 and Dec. 12, last year.—V. ,158, p. 2255.
The
directors
$1
the
on
prior
have declared three
preferred stock, par
Minneapolis-Moline
Power
,
Implement Co.—$1.62y2
Dividend—
directors
The
$11,140
11,977
have declared
stock, par $10,
Payments during 1943 were as
each;
,
$5,245,147 $52,924,985 $55,366,600
15,050
134,872
193,246
$5,919,779
revenues:.
expenses
Operating
•
payable
$25,029
—,—i
—*—
11,552
for Fed. inc. and exc. profits taxes, net-,
18,679
Federal, State and local taxes——, 15,469
surplus
Sales Off 27.2%—7
...
19,974
75-Cent Distribution—
■"Represented by 3,350,000 shares of no par value. tPhysical proper¬
ties at tanneries, shoe factories, supply departments and sales branches
,.
7 ". 7,921
items
Paid-in
below.—V. 156. p. 1690
1943—Month—1942
1943—12 Mos.—1942
$4,016,918 $5,515,676 $39,238,085 $51,664,040
retail-„___u:
at
Ac-
,
Shoe Corp.—December
158, p. 2471.
Operating
'*v.
1,735 ,
Liabilities— '
Earned
Power & Ice Co., Inc.—
Operating revenues
$5,931,831
Uncollectible oper. rev,-12,052
101,679
Accounts
1,000 000
370 000
-
—
———Y—!
charges
Total
Other
50-Cent Dividend—
Light & Power Co.
Puerto Rico Ry.,
"
Prov.
stock
"^Common
equipment at St. Louis, Mo., net after "'
for depreciation—v—<y
■provision
Accrued
'■
.
,
45^329
32,078,425
475,619
7-"';'7i7'"7
Michigan Bell Telephone Co.—EarningsPeriod Ended Nov. 30-7
1943—Month—1942
1943—11 Mos.—1942
;
receivable,
Supplies and 'materials^-—V'.: 96,961
Deposits for income and social security taxes
and the purchase of war bonds, employees— ..;v7 5,470
Est. post-war refund of Federal exc, profits tax
'7 7,200
Cash surrender value of life insurance^—
9,700
&
1943
accounts receivable
and
payable
Period End. Dec. 31—
"
56,570
.25,000
95,131
79,972
Accrued interest receivable—7—.v' :; 7:,400 •
> '
192
Stock
in process and remnants at estimated v.77";:
7:--::;-realizable values
34,128
29,598
Plant
86,
,7':71:;>";
total, $4,922,366. • ;
Mayaguez Light,
Melville
$56,072
; „7-—- :
25,000
Government bonds
Deferred
Nov.
,
reserves
See
77\--:;77'».T
1042
Sept. 30
Government bonds-_r.i_--_,-_--—50,000
Deposits in savings banks and special account/
69,558
S,
at
as
hand, $1,196,671;
on
Corp.—New Director, Etc.—
Assets—.
Accounts
and
Maud Muller Candy Co.—Pays
of
Stephens
in
Sheet
Balance
quired by Government—'
Inc.—Annual ReportPresident Lester Watson states: Since the last meeting of stock¬
holders
four
distributions aggregating $3.50 per share have been
made, namely $0.50 per share on Jan. 20, $0.50 per share on April 15,
$0.75 per share on June 29, and $1.75 per share on Sept, 27, 1943.
These distributions have been charged against capital surplus.
•
The bleachery for the 12 months ended Sept, 30, 1943, showed a
net income, after depreciation charges, of $231,652. This amount com-:;
pares with $270,546 in 1942 and $202,888 in 1941.
After deducting
administrative expenses and reserves fdr Federal income and excess
profits taxes and Missouri, income tax, and after adding miscellaneousincome, the net earnings of the company were $100,040, or approxi¬
mately $4.08 per share.
In 1942 the comparable net earnings were™.
$5.35, and in 1941 $5.67, per share.
The marked reduction this year
reflects, to a great degree, the full impact of the 1942 Federal tax
laws which, due to our fiscal year,'were applicable in 1942 to only
three
months of that fiscal year/ and
also reflects the somewhat
lessened earnings of the plant as compared to last year.
.7.7Y77
U.
7
for depreciation
Sales
U. S,
^Divided
tax.
,
2582.
p.
C.
Cash
$1.27
excess profits
JanK 14 paid a dividend of 50 cents per- share on
no par value, to holders of record Jan. 11.
Pay¬
ments
last year were as follows:
Jan. 25, 30 cents, and June 26,
-.25, cents,—V. 158, p., 1071;. '
,%7.7; "Y
'..7
7-.; +577,438
but excluding taxes and de¬
$$,8.08 per ton.—V. 159, p. 217.
-
Comparative Balance Sheet,
$80,063,635 $79,082,842 $78,560,805
$0.06
$0.13
$0.40
shr.
-
89,775
The company on
the common stock,
-7-.7v7V;7:7Y7
■
.
$254,220
7
2363.
p.
7
-r—-----—
—
t$16.87 per ton,
" Crl2,525
Crl5,000
$22,539
accruals, $748,692; provision for
Federal, State and local taxes, $284,864; five-year 5% first mortgage
convertible bonds, due May 15, 1944, $8,700;_ contract payable (noncurrent), $24,323; reserve for contingencies, $60,000: capital stock
(438,150 shares,' 110 par), $2,379,565; capital surplus, $111,480; paid-in
surplus, $147,100; earned surplus, $1,157,642; total, $4,922,366.—V, 158,
the law firm of Beekman, Bogue, Stephens &
Black, New York City, has been elected a director to replace A. F.
Wall, who had resigned.;.
H. L. Cook, has been made Assistant to the President,, and W. A.
Brown, Jr., and Mr. W. D. Jordan have been elected Vice-Presidents.
—V. 159, p. 9.
■ ,
-
•
30
Surplus Account Nov.
$46,799
$174,019 "7,
banks
in
charges, $19,680;
Lowell Bleachery,
,
Stock
Common
Consolidated
com.
*29,637
"
of $24,288), $1,748,950; U. S. Government securities,
inventories, $401,580; buildings, equipment,: etc;
(less re¬
of S856.784J, $846,790; patents (less reserve for
amortization
of $98,902),
$158,694; prepaid expenses and deferred
(less
tailing retreatment
outside
Liquid Carbonic
states:
report
617
3.136
38,773
$550,000;
serve
—V.
Renegotiation of Government Contracts
415
2,299
283
2,299
118,614
.
$14,317 Federal
Includes
289
$347,748
480
..~_L
Consolidated
below:
of production——
158,
J;
$54,690
328
taxes
inc.
Assets—Cash
Lehigh Coal &
1941,
$88,154
:
.
Earnings per
discounts
(less
767
$293,441
$347,459
7:
7
^'Including
7
86
(net)"
Net' income
milled
preciation.
623,637
522,038
7, ,
.
$54,804
7 22,372
1942
'
Navigation Co.—To Change Par—
Earnings per share on
■'
-7777: 'v The stockholders at the annual meeting on March 28 will vote on a
common
stock
7 7$2.01
"
$2.08
$2.15
$1.93
proposal to convert the authorized capital stock of the company from
'■'Excluding dividends on company's own common stock amounting to
3,000,000 shares of common stock without par value to 3,000,000 shares
$16,920 in 1943, $15,840 in 1942, $15,000 in 1941 and $12,525 in 1940.
of common stock of $10 par value. Each presently outstanding share of .,
tAfter charging operating expenses, maintenance of physical proper¬
common stock is to be exchanged share for share for the new stock.—
.
$65,782
19,388
income T—
(The)
980,793
7 77"..-.
.'r"-,'";
724,563
7'';
Surplus for year
$274,053
paid
.
'Operating expenditures
%
377,979
.
deduct,
three
is
Value
6,473,612
5,849,975
; 7 1.75
$725,433
737,627
profit
Interest
summary of the mill operations of this company
months ended Dec. 31, 1943:
The mill treated 66,&86.
tons of dry ore,> recovering $1,244,330,
including premium.
A short report covering the activities of the company for, the, first,
quarter of the current fiscal year (the three months ended Sept. 30,
Tons
1940
$792,431
831,729
" 1943
income
Income
following is a
the
1943)
1941
: $897,511
1,563,931
exp._l
&
Liabilities—Accounts
'
——
-7,207,038
6,685,000
1- 2.00
1.80
1.80
.
The funds available
capital to maintain and
financing.—V. 158, p. 1279.
Production and
6,994,953
6,014,160
6,737,648
6,013,080
income—--.
Net
^Common
but it now appears-;
time to time to meet
V"''
$1,837,984
sales
of
Total
date of its
up to
under this credit will be used for
increase production and replace the;
$2,500,000.
for
*$377,291
2582.
p.
sales
Other
proposed revolving credit agreement will extend from the
execution until Oct. 15, 1945, and-will provide for bank credit
present
158,
Operating
;.
agreement. ' The principal features of the Regulation V
assurance of credit afforded thereby for war production
and the protection, offered in the event of cancellation of war pro¬
duction'contracts.
7 7
Unless
sooner
terminated in accordance with its provisions, the
working
1942
1943
$54,203
the
are
Lake Shore Mines
7;
Profit.—V.
.
3 Mos. End. Nov. 30—
existing
the
all
after
Martin-Perry Corp.—Earnings—
into
Bank,
loan
8,122,117
1,648,506
§2,484,042
*
production.
■'
-7':'7'
meet these conditions, your company proposes to enter
a
revolving credit agreement with the Merchants National
Cedar Rapids, and National City Bank, New York.
This will replace
130,17777 7 99,815
&
earnings
may
new
8,022,302
9,691,080
19,283,181
17,084.161
Prov. for income taxes- §11,953,086 7 §9,639,208
Add. to res. for conting.
222,442
450,000
fProv. for exc. cost of
replacing inventories. 370,000
Net
at the time it was made
require additional funds from
purpose
To
r
;; 7;
9,560,903
17,004,413
tv-r.-
-7; j,
Oct. 31—
" :
charges7_y-^.-_—
,10 Months, Ended
:
Net' loss
this
•
19,064,118
profit-
operating
the
company
The
Net
contemplated
are
.Market Street Ry.—Earnings—
Cost
that
0■
7"__'7—~%7
93,251
Other' charges
27
Net
answered
% ;:7l940"H':'
' $
1
$■'
$ '
7
'■
7-:':r% '•: ■
7,:: •":!;.V.,"■'"77;"7 »C
142,841,095 144,256,386' 116,530,244 ,89,257,330
"v-7 7: "'■•TV5
122,621,914 126,160,395 105,929,054
79,711,487
1,061,812
1,091,579
1,040,287 7 1,523,540 ■
1941
1942
1943
"
present
this
Ended Nov. 30
Years
Account
Income
routes
approximately 100 miles of the city,, and
' surrounding cities.—V,: 153,: p. 1474. / 7 '7
of
range
at
the central area of the communities to be
to serve Chicagoland within a
stops are planned
property and in
Six
served.
President, in letter to preferred stockholders, states:
Dec.
1,
1942, the revolving credit agreement, which
products, will exist after the war:' Company should not have
extensive delays or appreciable reconversion costs in resuming
.peacetime production.
■ '7'- '■■'■i-1,
During recent months, additional demands have been placed upon,
company to increase production for the war effort even beyond
"operations.
Additional working capital will be required to meet
stepped-up
production.
The
present revolving credit agreement
total',
'
customers
the<j post-war planning of Mandel Brothers.
the store's
any
$876,645; Federal income and excess profits,, taxes
(less Federal tax series notes of $402,045),' estimated, $127,955; mort¬
gage payable in quarterly installments during 1945 to 1950, $81,000;
capital stock, $3,954,520; capital and earned surplus, $4,641,364;.
$9,694,984.—V. 157, p. 255.
Consolidated
air carrier system to transport customers' pur¬
and store employees living in or near
Mr/Kaufman stated that this was but one
an
as
such
these
expenses,
International Shoe
well
petition the store states that it proposes to operate helicopters
other aircraft as can be landed in small areas on or near
In .its
■
and
the
payable and
in 1944, $13,500; accounts
Liabilities—Mortgage payable
in
step
producion of the company.
.
■.
Company has continued to devote its resources primarily to
war
Fortunately, the company's peacetime products continue to be
essential in time of war.
We are. confident a substantial demand for
$1,313,320;
and interest receivable (less reserve for bad debts of
$16,375); $874,789r inventories, $1,468,102; life insurance, officer (sur¬
render value), $67,205; miscellaneous mortgages, notes receivable, etc.,
$106,528; properties, plant and equipment (less.reserves for depreciation
and dep!etion of $6,821,927), $5,424,947; prepaid and deferred charges,
$290,095; total, $9,694,984.
' •
'
operate
as
the localities to be served.
effort.
notes
accrued
19
to
chases
par
then proposed to enter into- with the Merchants National
Bank,.. Cedar Rapids, la., and National City Bank, New York, was
outlined and submitted;
The .agreement was thereafter adopted and
company has been
operating successfully under it.
This has been
found to be a very satisfactory method of financing the current war
and $3,640 in 1942. -•*.$; 77
Balance Sheet, Oct. 31, 1943
1
"
U. S. Treasury certificates, $150,000; ac¬
Assets—Cash,
counts,
of
letter
In
Jan.
on
company
of $28,000 in ,1943
post-war refund
Choate,
E.
Sylvan
Board
Manufacturing Co., Inc.—New V Loan
La Plant-Choate
7
the importance of aviation in the post-war period,
Kaufman, Vice-President and General Manager, announced
that the store has filed a petition with the Civil Aeronautics
Recognizing
17 declared a
no
Operate Helicopter Service after War—
J.
V:,'%7"7i;7,7-.-7/-'7, 7vV|7;- :v7;'/:
:
Chicago—Applies for License
Inc.,
Brothers,
Mandel
to
j.-..7:.'V'..7.'.;7
■'
..
Jan.
on
capital stock,
the
R,
$830,213
533,860...
.
$169,187
$1-43
-7
7--,
Surplus
Earnings
After
taxes,-
and exc. profits
-7$564,639
395,452
profit
Dividends
24,350
,
,
for Fed. income
*Prov.
media.—V.
dividend of 30 .cents per share
value,-payable March 15 to holders of
record Feb. 28.
Distributions during the year 1943 were as follows:
March 15, June 15 and Sept. 15, 25 cents each; and Dec. 15, 30 cents.1
—v. 158, p. 2047.
''-77:
''..7-;
--77-"
directors
The
on
$1,330,194
65,317
3,616 7., , 4>"93
502,000
429,672
---
•
feature of these plans is an increased advertising budget
which will bring the McKesson name and its, six national
products on a coast to coast network, in addition to other
158, p. 2254.
major
advertised
'
1943—6 Mos.^-1942
$726,720
$456,931
$0.96
$0.60
———•
30-Cent Dividend—
$1,140,533
70,278
•
.
,
~
-
_.
on
profit
amounted to $223,590.
$l>39|j'344
$1,117,541
22,992
—
income
'Cash
*
-----———
_
—
operating
Other
■
1942
$9>636,875
8,908,870
7,729,289
506,030 /
135,665
142,950
-—_
A
of $2,500,000,
1943—3 Mos.—1942
$490,568 '$265,354HEarrt. per com. share-7
$0.65
$0.35
> * After all charges, including Federal income, and' excess profits taxes^
'llOih 757,632 shares of capital stock outstanding.
'
7
Dividends received from subsidiary companies during the quarter
l043
$10,668,106
operating and general expenses------.
Cost,
representatives of this corporation, attending a three-day conference
at Bridgeport, Conn., which ended on Jan.
14, have completed plans
for 1944 with a view to "building solidly for the post-war era."
.
"
months of last year.
Period End. Dec. 31—
""Net
;
Subs.)—-Earnings—
Oct. 31—
Years Ended
real
the
in sales and
Dec'. 31, net profit amounted to $726,720,
share, compared with $456,931, or 60 cents a share for
a
the same six
in the issuance of cer¬
the stock.—V. 159, p. o.
with allegedly violating State statutes
stock and in other transactions concerning
company
cents
96
or
as "a record breaking year of achievement
production," executives, merchandise managers/and ppecial
described
Reviewing 1943,
months ended
the six
For
Robbins,. Inc.—$2,500,000 For Advertising
McKesson &
'
Co.—-Earnings—
Keystone Steel & Wire
and
the
and able and that a receivership action
the subsequent sale of property would result in heavy loss to
stockholders and mean the "financial death" of the company.
The receivership action' had been brought by J. B. Weede, a
estate man in Des Moines, on behalf of the State.
It charged
ment
§Consists of 9,400 shares
$13,050,000 in
1942 and
$9,800,000 in
Iowans.
are
by 3,400 shares of common stock.
.stock,
HReserve for Federal .income
and. excess profits taxes1943 offset by U, S„ Govt.' tax
notes of like amount.
■"■"JVTaintained on the 'last in, first out" basis
(less income taxes applicable thereto).—-V. 158, p^ 392.
. r.
7
' 7,' 7, .1 ;
'
.
' •' "
common
11%.
remaining 318,540 shares by
held, he said, by 4,000 smaller stockholders, of whom
the
of
value
the
fSecured
estimated that his
Judge Graven
the reclassification.
Shares
Monday, January 24, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
352
$1.62J/2
per.
on
share
Jan.
on
the
payable Feb. 15 to
arrears on this issue.
value,
Payments
$1.62^,
-
18 declared a quarterly cash- dividend of,
$6.50 cumulative preferred stock, no par.
holders of record Feb. 4. Dividends are in
-
Mississippi
Valley Barge
Line Co.—Stock Offered—
Walker & Co. of St. Louis'
of common stock ($1 par)
of $3 a share. The shares represent the bulk
shares outstanding, constituting 39.66% of the
Offering was made by G. H.
on Jan. 14 of 227,000 shares
at a
of
price
277,612
voting
power
V. 159, p.
,
follows: Feb. 15, May 15 and Aug. 16,
157$3.25.—V. 159, p. 10.
last year were as
each; and Nov.
of the company,
held by Atlas Corp.—
10.
(Continued on page 383)
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
United States Government Securities
Below
353
the New York Stock
on
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation
Stock Exchange during the current week. Figures after decimal point represent one or more 32d of a point. (See note
below).
furnish
we
a
Jan. 15
Daily Record of U. S. Bond Prices
Treasury
Jan.18
Jan.17
Jan.19
Jan.20
Jan.21
Daily Record of U. S. Bond Prices
Treasury
2%s, June, 1964-1969
[High
] Low
~
4V*S, 1947-52
[Close
;
Total sales in $1,000 units
High
103.2
[Close
V.
.
Low
100.21
100.21
'V
100.21
100.21
;.?■
.
w-
v- ,'
2V4S, 1952-55
[High
Low
Total sales in $1,000 units.—
"
'
[High
Low
[close
Low
Total sales in $1,000 units
;
[Close
•
•
Total sales in $1,000 units—
[High
1947
2S,
[High
\ Low
1946-48
Low
•
[Close
Total sales in $1,000 units
[Close
High
Total sales in $1,000 units
2s, March 1948-50
.
low
Close
[High
3s, 1951-55
Low
UUitd..M
[Close
[High
2s, Dec. 1948-50-
-Total sales in $1,000 units
High
111.23
Close
111.23
Total sales in $1,000 units
1
Total sales in $1,000 units
[High
2s, June, 1949-51
Low
•
r-;.
[close
[High
[ Low
1945-47
Total sales In $1,000 units
[High
[Close
Total sales
Low
Close
111.23
Low
2%S, 1955-60
2% s,
100
\
•;
ay4S, 1954-56
High
3s,
100
8
[Close
Close
,
100.1
1
[Close
V.V
Low
Va8, 1949-52
100
[High
Low
Total sales in $1,000 units
3
100
|
Total sales in $1,000 units
[High
.
100
100
LOW
2y4s, 1951-53
1
1
.
V'V'-;.
V-
100.1
100.1
10
100.21
3'/a s, 1946-49
100
100
"jHigh
:
100.21
Low
in $1,000 units
2fl,
Sept.,
1949-1951
J
in $1,000 units..
Low
[Close
'
Total sales in $1,000 units
High
Low
2%s, 1948-51
Close
[High
2s, Dec.,
101.8
Low
101.8
1949-1951
Total sales in $1,000 units
;.V.:v
101.8
Total sales in $1,000 units
[High
\ Low
■
2%s, 1951-54
-
;
High
2s,
[Close
;
,
Total sales in $1,000 units.
Sept.,
1950-1952.
Low
Close
Total
—
sales
in $1,000 units.
[Hign
2'As, 1958-63
2s, 1951-1953—
[High
{ Low
Total sales in $1,000 units.
Total sales
■
in
100.8
100.9
100.8
100.9
100.8
100.8
100.9
10
-J;
100.8
[Close
Low
[Close
1960-65
3
1
(High
Low
1951-55-,
2s,
[Close
-
'
'
i
Total sales in $1,000 units
1945
' '■
'
*
'•
•
•
'
,
Low
2s
1953-55
ClOSG
[ Low
[Close
—
7
Total sales in $1,000 units...
'[High
[ LOW
..
1948
'•'v
•>", [High
1%S
1948
j Low
[Close
-—
[Close
Total sales in $1,000 units
'•
Low
[High
•
Close
Total sales in $1,000 units
2% 8,
|I
Total sales in $1,000 units
-
[High
2%s,
Total sales in $1,000 units
—
^
[High
2%S, 1949-53
Low
Close
Federal Farm
Total sales in $1,000 units
2%S, 1950-52
Mortgage
"
-
[High
'•
*
«
[High
3%s, 1944-1964.*...
Low
[ Low
[close
-
y
Close
::
Total sales in $1,000 units
Total sales
in $1,000 units
High
High
3s, 1944-1949
Low
2%s, 1952-54
Low
Close
Close
Total sales in $1,000 units—
Total sales in $1,000 units.
[High
[ Low
2%8, 1956-58.-
Home
[Close
v
2%S, 1962-67
[close
'
Total
^
sales
k:.
100.20
[Close
in $1,000 units
100.20
;
1
-
r j.-'1-/'-'vX' X-1%S, 1945-1947.—
'High
[High
{
Low
[Close
Low
1963-1968
100.20
■[ Low
1944-1952
:■■■
Total sales in $1,000 units
Total sales in $1,000 units
Close
Total sales
Loan
3s,. series A,
fHigh
\ Low
v
Owners
[High
Total'sales in $1,000 units
2%s,
100.8
$1,000 units
[High
,
2% 8,
3
Low
•
Total sales in $1,0QG units
(Hign
\ Low
2%s, 1956-59
1950-1952
Close
Total sales in $1,000 units.—
V/
...
[High
-
2s, March,
[Close
;
75
100
100
[Close
[Close
Total sales
100
100
Total sales in $1,000 units
High
.
*
Total sales in $1,000 units
[Close
Vis, 1944-46
Jan.21
100
100
Low
Dec., 1964-1969
2 Vis, 1967-72
Total sales in $1,000 units
3
Jan,20
York
Close
*l¥z
3%S, 1946-56
Jan.19
New
High
2 Vis,
[High
.
.
the
3
103.2
Total sales in $1,000 units
Jan. 18
on
100
103.2
Low
1944-54
Jan.17
bonus
100
[Close
vV-
Total sales in $1,000 units
48,
Jan.15
f High
Low
\
—
coupon
in $1,000 units.
•Odd
lot
sales.
{Transaction
of
registered bond.
NEW YORK STOCK RECORD
LOW
Saturday
Monday
Jan.15
Jan.17
AND
HIGH
SALE
PRICES
Tuesday
Wednesday
Jan. 18
Jan.19
STOCKS
Thursday
Jan. 20
'
$ per share
$ per share
*60'/a
60%
60%
60%
110%
110%
109%
I per share
109%
*47
48
*47
48
*54 y4
54%
*53
*60%
54%
10%
11
60%
*109%
110%
S per share
:
60%
60%
110%
*47
48
55
110%
48
55
*53
48
'
54%
10%
11
10%
11%
10%
11
*28 %
29%
29
99
28%
29
*28%
29
20 Vt
20%
*20
20%
20%
*20
20 %
>
40%
41
41
75
75
*75
6%
*130%
6%
138
26
78
*128
41%
.
6%
135
2%
26 %
»:
41 Vii
6%
2%
2%
'
20%
25%
*75
6%
*130
2%
25%
41%
80
•
2%
25
6%
133
2%.
41
41
*75%
80
6%
6%
132
132
2%
2%
26%
26
24%
26%
25 %
25 V*
26
25
26
39%
24%
40%
25%
40
40
39%
40
26%
27%
26%
27%
26%
26%
*70
75
*10
*70
10%
147%
147%
75
10%
*147
14%
14%
*14%
31%
30%
footnotes
see
*10
75
10%
147%
15
*14%
15
30%
31
page
363.
*70
10%
147%
31VA
26%
147%
148
31 '/a
For
*70
10%
*39
14%
30%
39%
,
26%
S per share
*60%
*109%
*47
*53
10%
X28
20%
40%
*75%
6%
132
2%
24%
*24%
Friday
Sales
$ per share
60%
110%
*109%
110%
54
53
10%
10%
28
*27%
28%
20%
*20
20 %
2%
25%
25%
40%
*75%
6%
134
2%
41%
80
6'/a
134
,
'
Adams-Millis
4,000
190
11,500
80
2%
11,500
25
25%
13,600
5'/2 %
24%
25%
3,800
39%
39%
28%
'26%
3,900
26%
26%
*70
75
70
70
100
10%
10%
10%
600
147%
147%
148
15
30%
*14
30%
15
30%
800
200
4,000
63% Mar 12
.
9
'—25
41% Jan
par
7% Jan
Par
25'A Feb
2
Corp.—
No
52
29
July
3
5
57ys Sep
18
6
13
Apr
7
Mar
16%
29%
Apr
41%
Jan
28
76% Sep
3
81
Jan
69
Oct
3% Jan
7
7V« Apr
6
4
Nov
Jan
25
128% Dec
28
1% Mar
69V2 July
67
85
31% Sep
45% Sep
Chemical
&
13
Jan,
11
18Va Jan
3y4Julyl4
25
No
11
31 Va
100
64
Jan
15
75
1
Dye
7
Jan
19
11% Jun
par
Jan
1
32 V4 Sep
Allied Kid Co
Jan
8ya Nov
48% Jun
2
Allied Mills Co Inc
Dec
Dec
8
2
No par
43
48%
8
11
Allen Industries Inc
113
14% Jan
Jan
Alghny Lud Stl Corp
Alleg & West Ry 6% gtd—
51%
38% Jan
S'/eJan
war
104
Mar
31
May
39
Sep
5% Apr
Highest
$ per share
32'/a July 13
21 % Mar 30
5'/a Jan
pf A with $30
May
10
No
115% Sep
100
Allied
37
23
pf A without war——100
$2.50 prior conv preferred_No par
700
30%
108
4
S per share
Nov
5%%
39%
148
5iy3Jan
Year 1942
I per share
35% Jan
Address-Mutigr Corp..
10
Air Reduction Inc
.'—No par
Alabama & Vicksburg Ry
100
Alaska Juneau Gold Min
10
Albany & Susquehanna RR
.100
Allegheny Corp
1
1,400
*39%
*14
100
I per share
Lowest
No par
Adams Express
600
•
*10%
14%
preferred
Acme Steel Co
300
6.900
10%
30%
4%
No par
Abraham & Straus
30
75
148
Abbott Laboratories
60
53
10%
6%
Par
500
48
132
Range for Year 1943
Lowest
Highest
EXCHANGE
'
48
41 %
Range for Previous
STOCK
Shares
*60%
80
NEW YORK
the Week
60%
48
for
Jan.21
140% Jan
9
25
25
July 2
May 26
4
165
5
10% Jan
8
July 15
14% May 22
No par
16V4 Jan
4
37% Nov
17
18% Jun
it
3y2
3y2
B%
18
57%
Jan
26%
Dec
Dec
Dec
04% Feb
% Oct
Apr
6% Nov
Apr
Jun
May
Nov
3% Apr
6%, Nov
17
Jan
118% Apr
10
May
11% Apr
22%
73%
7%
149
Jan
Feb
Dec
Jan
12ya Jan
16% Nov
Monday, January 24, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
354
Range for Previous
STOCKS
Monday
Saturday
14%
15
38'/2
38%
39J/s
39%.
19
•
96%
*96 JA
19
19
19%
*2.
2 Va
•
19%
29%
30
87
86
86%
*30'/a
;/
30
*86'A.
31%
31
60
17%
17%
,
60 Va
13%
38
38
*29'/a
85%
85 Va
"30'/a
31'A
A
30
31%
31 VA
59%-
59%
14'%
13%
37%
37%
129%
128 Va
*37
~
*128
129 Va:
"
173% 173%
35%
36
71
71%
23%
23%
110%
105
51%
2%
9'A
*8%
70%
61'A
61 VA
35 Va
35 Ve
62
62
*61
62
36
36 V "•
*35%
35%
3%
A/': 3%
4
*3%
41
41
66
66
4%
62
6%
46
46
16%
15%
83
83
83%
14%
14%-
14%
16%
83%
14%
9%
*9%
9%
23%
*120
120 Va
33%
33%
9%
AV 33'A
2%
2%
2%
2%
46%
46%
41'A
41% V ;/
46 % i
47 %
41%
42%
9%
9%
9%
•
13%
13%
13%
65 Va
66
65 VA
66%
65Va
14 V4
14'A
14%
141/4.
14 Va
14%
*14'A
13%
:
14 Va
28
27%
38 Va
27%
.
*14VA
38%
26'A
%
16
16
19%
19%
15%
61
62%
62%
142%
10%
142%
10
44%
45
*116%
118
118
6%
7
6%
68 Va
69%
4%
4%
V
4%
*4%.
A
48
*44
47
*45%
:
:
A
/
25 Va
25 Va
25%
26%
26%
*26%
26%
*20%
21%
*20 Va
21%
25%
2%
.
5%
*44
.
;
ioi
101
-
33%
13
95
*102
57%
*83'A
27%
28
*57
111
12 Va
.
54%
*36
*115
*15%
*7%
73
3%
*84'A
28%
*44%
83
.
;
39%
39'%
39%
9 Va
9 Vs
*9%
974
9 Va
9'%
9V4
*104
12%
12%
2,400
93 74
94
93%
88
*86'%
36%
*36'%
36 %
58
84%
27%
28 y4;
39
a;y:
.
•5874
■
28 %
*27 Va
29
:
30
-
:
/A
24,500
/'
4
28
28
*27%
60
60%
60 Va
25%
25%
25%
25%
25%
2574 1
4,100
61
60
60
60
100
:•>
29
28
*56
110%
111
111
12 Va
54%
*7%
7%'
*15%;
.
72
4
.
A,
71
71
'
:
*7'A
7%
7'A
7%.
3%
:
57 Ta-
3% >■
70%
4
3%
12%
54%
57%
*113
lie
*113
16 Va
*15%
16%
' 57%
V
110
;■
160
/
V,
12%
54%
10,000
500
57%
520
5774
"
:
116
15%
■*15'%
15%
15%
15 3 4
7%
7%
7%
7'%
•
*
71%
71
3%
73
374
4
72
374
74
4
A" .'
'A-
50
pref series A
conv
6%
5%
preferred—.——-.100
conv
500
.
Austin
290
■
29,100
.No
Nichols—
Aviation Corp
of Del
19%
6%
11%
12
:
1974
20%
19%
6%
7V«
6%
7%.
6%
7
11%
10%
10 Va
10
62'A
62 Va
62'A
25 Va
25%
*12'A
12%
9%
19%
20
11%
20%
6%
20%
.
25
11
12 V4
A"
1174
20
V4
674
7%
11%
1174
19 ®4
774
34,300
20,100
preferred—;
Bangor & Aroostook—
10
10'%
10
10 Va
10
10
10%
10
10
62%
62%
62%
62%
180
62%
62%
62%
62 %
24%
25 Va
25%
25%
25
3,600
25%
25%
25%
12
12'%
*12
12® 4
12 Va
12 V4
*12
12%
*43
.44%,
*43
44%
*43»
44
44'%
*12'A
12 Va
*43
44
43'/a
16%
17
16%
16%
16%
1674
17
15%
16
16
16
1574
15%
15%
15%
1574
15%
27
27%
*27
27
27 Va
*26%
*26%
34
34
34'A
34%
*34
*107
109
*31
*114'A
*107
*10
4,700
62'A
25 Y*
34 Va
108
10 Va
27
27%
*26%
*34
34%
34%
B107
10
32
*31
32
*31
116
116
116
115
10%
10%
115
10%
10%
13%
14
13%
14
14'A
14%
34%
34%
34%
34%
34
34%
*107
10
10
10
32
*31
32
%
■
900
A ■; no
4%
preferred——
Asphalt Corp
Conv, 5 %
Barber
Barker Brothers—
preferred
5%%
Oil
1674
5,000
Barnsdall
15%
15%
3,400
Bath Iron
27'%
200
Bayuk Cigars Inc—
34'%
700
Beatrice
*9%
*31
Works Corp—
Creamery
Corp
300
Beech
Aircraft
Beech
2.000
32
Creek RR—
Beech-Nut Packing Co
*114% 116%
'
*114%
116 Va
114%
114%
10%
10%
10%
*10%
1074
1,400
Belding-Hemingway
13 %
13%
13%
8,800
Bell
13
13
3474
3474
3474
Eendix
3474
3,700
10%
3474
13
34%
I
$4.25 preferred———
108
97%
;
Co
16%
>107
108
108
10
*31
10'4
32
10%
34%
1674
*107
108
*10%.
34 Va
16%
& Ohio—.——,
12'%
7 -Y -
16%
10 Va
Baldwin Loco Works v t C.
11%
44
lOVa
21,800
Baltimore
43 Va
*26%
20'%
Aircraft
Corp.
Aviation
Dec
77b
23%
•Nov
125% Nov
Oct
29
21% May
267b
iS
y
Jan
.
Jan
4% May 10
% Mar
36
Jan V 4
Jan
2
18% Jan
Z
-
u
3
10'% Jan
-2
2
29
8
Apr
22
Jan
3%
Apr
Oct
23
142'%
Jun
165
Jan
9Va May
12
Jan
.
May
18
Dec
28
144 % Feb
1
161
Aug
35% Jan
2
45
Apr
141% Oct
11V
19% Jan
6
11% Mar
151% Aug
29% May
9
2
y
Jan
12
-
21% Jan
14
14'%
63A
35% May
in
132% May
18
;
29
Apr
3
136'% Jun
31
167e Jun
29
93/b
24 7
35% Jan >/
May
Nov
148%
Oct
36%
> Mar
144
Nov
213A
Feb
12
Jan
7%
Jan
43
Y
Oct
12
Jan
'21%
Jan
7874 Mar
97'%
Jan
32% Aug 11
-
'
Dec
Apr
Mar
17%
23
Aug
15
Aug 31
115
5
Jan
9%
Feb
.;
Oct
,474 Mar
17% July 15
33
Jun
2
17% Jan 14
91
Dec
16
Nov
Nov
24
32% Mar 23 /•
47% Apr
6%
59%
527/e
8
4
15% Apr
;
1
;,
Jan
12%
69% July 24
6
5
36
Feb
119
26%
16% July 14
Dec
8'% Jan
25
Feb
Mar
Apr
173
12% Jan
,
113%
v'
Y'Y
Apr
15%
45 Va Oct
2
Feb
Jan
May
•
11% Jun
6'% Jan
54
4
16
29
48% Oct
4
16% Jan
•
154
v
Jan
127% Jan
<
158% July 22
101'A
Apr
134%
Jan
2
"2./
63% July 15
33%
Apr
49 3A
;:/
Jan
42% Jan
43 % Jan
129% Jan
6% Jan
Apr
143®%
Jan
Apr
120
77b
Nov
33%
Dec
116%
Jan
4
Nov
374
1
14
6
12% July
Jan
115% Jan
8
121% Aug
3% Jan
5
53% Jan
7
88®/a Nov 12
2
8% July 16
3%
Dec
5
37% Nov 30
79% July 21
513A
Dec
3'%
Apr
11
54% Mar 30
38®%
Jun
24'% Nov
9
Jan
4
16'% Jan
5
8
29% Apr
7
23% July 15
116
Mar 18
14% Apr
7
32
3% Jan
Y
42®% Jan
24-
14
87% Dec
1'% Jan
3 Va Feb
5
Jan
11
Jan
2
49
Jan
20
30
Jan
6% Jan
2
9
4% Jan
7
Feb
75
6'% Jan
27
4
72% Jan
11
59
Jan
7
29
Jan
5
100
92
Jan
4
44% Jan
7
Jan
2
66
24% Nov 29
19
44
•
8
4
Jan
Jan
18% Jan • 7
106
/
Mar 16
6% Jan
•
4
77b May
1
Mar
273%
Oct
17% July
Dec
36
Sep
4'%
Sep
67%
Feb
40'%
Oct
66
Jan
21
Jan
333A Dec
2%
57b Mar
2®% Apr
79
May
4'A
Apr
61% Mar
8%
Jari
Nov
43A Oct
July
6% Jan
77% Jan
82
53
Jun
J
Jan
20
Jan
287b
Dec
81%
Jan
100%
Dec
27% Jan
53
Oct
60%
Jun
72%
193A
Jun
34%
Oct
,16%
Jun
34
Jan
33
Mar
45'/a
Jan
Apr
23'/a
Jan
99% July
109'A
Feb
143%
13
83
Oct
Jan
Dec
May
May
70
Jan
116
Jan
24
111
Jun
Dec 31
9% Aug
85% Aug
6% Apr
4
4
8
20% Dec 31
10
6
63 'A Dec
8
12%
42
43
2
2
2
9
5% Jan 13
30
Jan. 4
12 Vs Jan
2
13% Jan
7
23 Ve Jan
7
24% Jan 16
105'/a Dec 22
7% NOV 30
253/4 Jan 25
93
Jan 25
9Va Dec
3
9Va Nov 29
Apr
112% Mar
Sep 28
2
12
May
68% July 14
33A Jan
Nov
Jan
107
Sep
10% Jan
33
17
51
16
34% Jan
Feb
Jan
12% Mar
Apr
123
5'A Jan
30
46%
12
7
2% Jan 21
28Va Jan
5
3'% Nov
9
'
Jan
Dec
7
Jan
Jan
Jan
24 7
Sep
57
6
Jan
6'A
7'% Jan
.
Jan
57b
13% May 29
50% Jan 14
52
Jan
9
113
Jan
767a
.
Feb
5®%
28®%
27
113% Sep
70%
:
227a May
20
18
84
Dec 31
40% Jun
5
10% Jun 26
10% Jun
5
110
Oct
4
15% Jun 28
97% July 21
94'/a July 22
39% Oct 20
108% Nov 30
67% July 24
90'/a July 22
38
May 26
36'A Oct 26
68
Oct 20
28% May 27
2
Jan
Apr
Aug
50
6% Sep
3
-
7 /•'
47% Sep 23
*
46
y
17b
39
'
31% Apr
111% Jan 20
34
1087* May
:
4
7'A Apr
Apr
,
2;
"May
9
55% Jan
Y"
22
49% Sep* 20
Jan
Apr
503A
347%
65% July 14
146% July 23
2
B
20 Va
Jan
4
par
(The) ——3
127a
29
—No par
$5 prior A——
Apr
15
1
10%
9%
6
82 '4 Sep
Jun
20 % Jan
x26
..No> par
Atlas Tack Corp.
6%
116 % Jan
—No par
Atlas Powder—
100
A
7%
•
Atlas
12%'
*113
100
Corp———
—5
preferred—
——.-50
4%
*54'%
4
57%
116
110
preferred—-——100
Refining-——i———25
non-cUm
Atlantic
40'A Nov
35% Mar
I,
•-15% Jun
8
Nov
Jan
-
7
1
Topeka & Santa Fe
100
5% preferred
100
Atlantic Coast Line RR——100
Atl G & W I SS Lines—
— 1
-5 %
200
-
110'%
*53%
'
71%
73
57%
116
110
12 Va
54%
*54
..
V-
12 Va
12 Va
%
54%
57%
*114
115
*15 V4
16%
i 12
111
111
111
54
V,
57%
56%
115
116
12'A
56
*54%
56%
*110
12%
12'A
25%
25%
Y
27
7
4
Atch
,400
>.
100
Oct
Dec
57s Nov
Oct
10 Va Jun
100
preferred,
37
2% Apr
4®/a
May
27 % Apr
No par
Investment Co
5%
70
22,600
85 Va
28%
Assoc
—-1
100
Mar
25
Oct /
Dec
•
7
,-100 '•
1st
2
11
—5
preferred
56
7% Feb
No par
Dry Goods—
preferred———
1% 2d preferred—.
■A / ioo
.
60%
*85'%
59%
84%
87%
103'% 103%
103%-
85 %
.
7%
6%
Apr
12% Jan
—5
/ Associated
,A'A' 440
,%■: A; 10
93%
*103%
-
y
12%
12%
88
'■
100
500
107
*104
107
*27
,
7% Jan
68
Jan
Jan
2
47
Oct
,3%
1%
:>
6
2 / >17% May
Dec
35
36%
Y
7 Vs Feb
2
Dec
42%
Sep
May 27
V >9% May
•
5 ■/
5% Jan
39% Jan
prior preferred—No par
-7% preferred
-—100
Armstrong; Cork Co
No, par
Arnold Constable Corp
—5
Artloom Corpji———No par
6,100
,
>A:
2
4% Jan
v
X367a
5
May
87a
2'/a May
32%
22.
66% Sep 20 Y
-37% Jan
-
$6 conv
110
.
"'V
60
26
5
.20
Andes Copper Mining;
A P W Paper Co Inc——
Archer Daniels Midl'd—
Armour & Co of Illinois
/•
1,400
•
.
9 Va
V'.'
100
.
102
28
25%
70
2
Cable—No par
Anchor Hock Glass Corp——12.50
$5 div preferred———No par
11,500
5%
*27
25%
7
49'A Dec
Jun
'
Anaconda Wire &
; aa ioo
..
83
*99
100
:
prior
Anaconda
Y-Y>"A' ■AA 200
'45
5%
82%
58%
'27%
.
vA
2%
'*57
■
4
27'A
28'A
$5
100 ■:
Smelt————1
conv preferred
,——25
Copper Mining
50
Jan
,'i >;
6
4% Apr
407% Jun
.
10%
>
Dec ;
2
/
Jan
25%
25% Dec
7
Jan
1%
1
Y*
Jan
32
187a
S
17
Jan
2
par
Lead &
Amer ZIpc
78'/a Jun
36% Apr
53"'% Jan
preferred..—iA..i.NOApar
1st
Woolen————No
/A../ Preferred
300
!
A
10
3874
-
39
*84
5
^^100
—
American
A; 1,300
'
*2'%
preferred—
5%
$6
116
10
5%
82%
89
57%
85 Va
*114%
45
*43%
100
103% 103%
58%
27'A
60
"25%
57%
.
2%~
5%
94%
*36'A
:
10 %
*2'4
9%
94%
103%
58%
116
13
*88
39
103%
84
28%
*27
*36'A
84
84
89 V4
,
107
A
13
95 »
*88
39
57%
58'/»
*94%
A
,
A
"
9% A
*9 Va
'
Va";
13
20%
*10
38%
*104
107
103%
*102
103%
A 9%
13'A
21
20%
.
100
*9%
9%
*104
89'A
*36'A
39
*38%
A.
95
94%
*88
89%
*88%
38%
13%
13 Va
13 Va
95
.;
106
*104
106
39
A *9
9%
9'A
9%
9%
*104
101
*9%
.
.
4
Jan
35
A Am Water Wks & Elec„—No par.
•
83Va
83
39
*9%' A 9%
Y
5%
'■■:/ 99%
39%
39%
9%
25%
*20%
44 Va
101
103
*101
39%
*9%
25'%
25%
10 VA
5%
83 Va
83%
25
25%
*114 %
44 Va
•
2% Jan
•
>
3% Nov
/
Jun
Y
"
—14
Corp
American Viscose
v
14.600
25%
preferred
Amer Type
\ 1,500
V'i: ■'A>/ loo
4%
25
2 Va
5%
5%
84
84
Va
83
44
44
5%
A 3,200
.
25%
A/ 2%
2'2
,*2%
.
44%
.9,300
47 /•
4%
•
*44'%
47
200
?
,
.
116
*10.
10%
*10
73%
72%
4% ''
Vz
*44
20%
*114'%
116;
*114%
73%
4
..
.87%
'-. 7%A.A
7
7%
26
20%
86 %
6%
7
25'A
'
25 Va
.21
*20%
2% /
.
A
5%
5%
83%
'A
*2
44'A
*2 Va
*44
25"
86%
32,700
7%
87%
200
-25
—100
Foundries Inc—.——10
B—:
Common class
674
6,500
I
118
674
7 '://
.
A
480
.
100
Tobacco—.———-.25
Telep & Teleg Co
/ American
14.500
46%
44'A
118
v
■
■72%
45'A
26%
*26 Va
.10'4
*10
10%
*10
45'A
25%
25
116
*114%
116
*114 Va
4%
A
11
118
3,400
.
v'A
142
10%
'/■'
4'A
'
62%
141 %
/
72
1,500
62
61%
62%
■
7
■
6
6
23
May 10
NoV
3
Jan
®/a
16 %
87% Jun 16
26
July 14
■
Feb
—100
—-—100
Siimatra Tobacco—i—No •par
Amer
15,300
156%
Stores———No par
Stove Co
——No par
Refining.
9
2
12
Jan
Preferred
Am
V 1,000
30
29%
156%
'
Y
1.000
;£'/»
114%
11
44
6%
89
;;
47 •.;/-
*45%
30'4
142
■'
'
47b
4%
American Sugar
61%
10%
.
%>
7
70
A'
69
69
'
A 2,000
30
44
.
44 '/a
6%
6%
*6'A; A
6%
68%
American
d
18%
Va
*117
11V4
118
*86*
American
A 1,000
6274
A 142
143 A
6%
89
*85
/
/
.
62'A
44 Va
-
61%
62%
61
*117
Va 1
A A. 5.400
A-
29%
156%
GO V'a
*116%
89
29 Va
156%
44%
All,200
15%
18
*114%
114%
29%
156%
•62'A
7
Va
6
>
68
.
10
44
18%
30
114%
A American Snuff——-———25
'7% noh-cum preferred——100
Amer Steel Foundries——.No par
"
'
142
143
A
10% A A 10%
142 %
18%
29%
114%V
200
,
■
26'A
i
f
18%
29 Va
60
.
43%
152 Va
25%
15%
156%
62
•
61 Va
.
118
*85
6%
60
■A
710
*15 Va
26 Ve
15
•
5,600
*43 A:
30
"
•
'A- 114%
29%
6%
*85
15%
560
♦
Dec
16'A Nov
7
3% May
5
Apr
.
7% Mar /:•;•
;:/>
4% Jun 10
10
Jan
Mill———25
preferred———100
Safety Razor—.——18.50
'^American. Seating Co——No par
Amer Ship Building Co
No par ;
Amer Smelting & Refg——No par
'Preferred'
-^.-100
//'v.:
29% May 18 '
8
7
i,4'% % conv
American
600
37%,
*150
152%
25%
26 V4
i,i8o
-r.
AAA A 400
149 ■•'A
37%
147
43'A
43%
,;
28%
27%
148%
*150
15 Va
156%:
156%
*116%
6%
*150
152%
■
114%
*29
'•
"
156%
61 %
156%
148%
66'/a
:
-
.
2
> 8
30
American Rolling
-
'
37%
37%,
25%
15 Va
—100
Jan
100%
27
128
39
•
'
28
148
±'.''
223A
547% Dec
,
No par
Amer Power & Light
No par
Ay. $6; preferred—-—No; par
$5 preferred™ui_j— -—No par
Am Rad & Stand San'y—No -par
Preferred
•100
8.900
*14'A V 14%
14%
14%
14%. A
14 Va
37%
■'
'
-
13%
65%
■;
66 %
66
*14%
*14%
•
•■/■' .'43%
26%
114
29
13%
13%
f /13%
18,200
A/'
378 May
Dec
-
6,500
,/
:
.
163
*160
164
"
*27%.
*43
'
156%
61%
61%
61%
62 Va
143% 143%
10%
10%
45
45%
13%
66%
18%A 18% • /.,< 18%
29 Va
30
30 AA
156 Va.
*160
148
5,700
6
7% Dec
,
May
■
27% A 28
1521/2 A
15%
113%
28%
29%
A *150
•'A
30
113%
112%
9%
37 Va
A
Dec
.'
15
1% Jan.;
American News Co—
6.700"
■
>.
41%
9%
14'A
148%
43'A
•
"">/ 25%
19%
30
30
30
112%
*29
*43
16
X19%
>■
41 Va
9%
,
38%
148%
152%,
26%
26 Va
rA
26%
'
■
41%
14%
28
37%
43
*150
152
*150
A*27%
148
43
43%
*42%
•
38%
148
148
147 Va
14'%
*14%
28
-
38%
46%
9%
14'A
•
103
Dec
Co——No par
preferred-
.6%
lio
400
"46%
46
A
.1,300
:*
i>
2%
41%
,
Mar
Mar
8
,46 '/a Jan
Mach & Metals
—No par
Amer Metals Co Ltd—.—No par
Jan
110
69
14
'■
—100
20%
May
92
22 Va Nov
-
7
May "
,
105
:•>
2
1% Jan
Products
Mach & Fdy,
Jan
25
Amer
A
/
'
2%
Amer
eoo
;
46 Va.
*14'A
14%
,
2'4
■
3,300
;A;;
:■
3274
32
33
7%
Jan
73%
18% Feb
6% Jan
preferred--———50 A
preferred
1.000
V,
120
-
14,300
.
23
,
*119%
119%
2%-
9%
66
66
•
90
V
23
1574
83%,
.
14%
A, 14%
a; v 9%. •A 9%
14%
32'/a
165
13'A
13%
13%
A
41'A A
9%
*162
>
165
*163
165
VA.AA''-,,:, 700
AAA// 20
-A
46 Va
40%
•
:
6 '/a
*6% ■■'/,.
83'A
•
'A- 3.300
Oct
33
104 '/a Jun
/
,
Dec
176
May
27
;,42% Dec 29
?20"
conv
11% May
74 3/4
Apr
15% Jan
——I
American Ice——-A———No par
•6 % non-cum pref erred.IOO
Amer' Internat Corp———No por
American Invest Co of 11%:.--——IA.
-5% conv preferred-;
^™50
American Locomotive—-—No par
100
83 V*
22%
2% A
46
;■
.
9%
16
7
112% May 10
1
;»Y"3% Dec
Apr
55'% May
July io
Feb
Mar
20 y.
1
130%
97'% Jan
20
Co—..—
American Home
1,000
A/15%
33 Va
'
A/A- 9Va
10
*163
166 Va
*164
•.
Apr
IVb
Oct
Jan
33
13% Dec 30
European
,6%
400
1.500
1
15%
119'A
•■:/ :>.:
'
774
46
.
;
4%
15%
A;
1.100
14,900
61 Va
46
9%
f
4'/a
774
*46
9% "9% •'
22%
700
.
4%
-'
6'A
,
/>
*59'A
/'/
7 74;/,
14%
2%
;
67
A';
4%
6V4
;
,
121
43
62
83 %
>
8,600
■
36
67
774
14%
*33
33%
33%
42%
42%
4%A
83%
22%
A 36., A/
4 Vs
.
67%
>59
15%
*9 Va
1
1674
60%
•
42
67%
.
*119'A
*33'A
47 Va
47
9%
121
1,000
16%
A; 42'A
42
14%
A
120
56%
Nov
6'/8
•
Apr
Aug 18
4
9% Oct
49
23
116% July 23
6% Jan 26
10
%
3% Mar >
91% July 15
4
Thing——1
Sees—No par
American Export Lines Inc
1
Amer & Foreign Power.
No par
;/; ; $7 preferred---—
No par
$7 2d preferred A—
No par
$6 preferred---—-—No par
American Hawaiian SS Co
10
American Hide & Leather—
1
' 3,900
/
GO
AAA
36
4%
83%
'
22% A
22%
*119'A
A
4'A
15%
83%
14%
•
,9%
«-
120
120
2%
2%
.
14%
.
374
,
6%
A V47':A'A
*46
.'
16%
83%
17%
;
61
*6 Va
47.
15%
22%
>22%
*23
6%
Apr
24% Apr
Feb
Encaustic
American
Amer
5,500
5
69%
■
A'A
A;/ 7% >77%%
7%
6%
*46 YY
46
16
'*45%
.
'''j ;■ /
42
61
Jan
80
.96 "
-Stamped
-
100
24%
5
68%
;
A A
1st
Distilling
Ame'
1,800
:
9%
*24
■;
5
70%
16%
•
67%
/'/;:.. 4 v4
*7%
A'
4%
70
A 35%
4%
62. 'A/>v"
5%
38%
8
185% July 29 //: 159
5
1
Sugar™™-—10
preferred—™„——..100
6%
:,'v i 1,700
274
9%
24%
24
.
50%
*2%
9%
*8%
At;
14,100
'
.
37/a
67 Va
.
4 Va
*61
YY
7%.
6 %'
7%
7%.
6%
7%
*6V4
66%
A'
4%
4%
*61
62%
2%'A
2%
35%
A:
31
Nov 30
45% Jun
Nov
American Crystal
900
20
f
108%
50%
49
3%
67%
58% .Dec
9 % May
107 y
Co.
American Cblortype
2,100
%
12
15 Va
50%
109
104
:*
? 35%
*40
24
Apr
43% July 14
2
Nov 30
18'% Jan
Jun
25'A
134
6
59% NOV 29
.No par
18%
8
9% Apr
■/
Oct
NOV
13
Sep
% July
18% Dec
No par
conv
Jan
Jan
70%
24% Jan
>
1%
18%
71% Jan
168
Apr
Aug
Dec
3% Jan 20
—1
Jan
Nov
193/a
Mar
61
—100
preferred
American. Chicle—.
.
103
A:1 '61 'A'A '61 Ayy:
,.
a 310
105
61'A
.
27®% Jan
127% Jan
—i§o
Cable, Inc™.
Chain &
.5%
V.
103
."':'/;
104
61 'A
4
>
42'A><y;
*3%
*40
,A
66
66
v.
4%
■
*61
! 42
*40
;
V*
4%
'
1
15 Va
15 v ./ 15
*103
,16%
■;
111%
Am
2,300
t 'A 30
A .12 v:'
*12% V 12%
71
16 %
,/
/
,
1,100
;
/'A
110
111%
24'A
/
23%
111%
9'A
4%
72%
23%
:
'*108 %
>■
2%
70
16%
23%
108% 108'A
48%
:
70%
16'A
V
35 Va
v72%
73
23%
par
Jan
30'/e
11
34
4
2
4
4'% Jan
100
.No
^
Can.,
Jan
Nov
Apr
43
76
5
5
8% Jan
47
6%
81
July
7
2
27
1
preferred——
conv
Jan
"
14%
21
86 % Jun
Jan
10
A- -Preferred ————™r„
.No par
-American Car & Fdy——™
-^—100
;A" .7% non-cum preferred—
4.500
.
^—
;
23
50
Bosch Corp™—_
American
V 150
35 Va
Inc..——.
Bank Note™—-
22
31% Oct 29
■
52
10
Cable & Radio Corp—
Amer
2,100
A
par
64
Apr
2% July 22
14
Jan
2
23% Sep
13% Jan 20
x67
Dec
43% July 10
$ per share "
share
4
'
108
24'A
">'YY.
16%
72
16%
17 V«
16%
9 VA
174%
/■
35%
72
104
*8%
24 Va
5
174%
111
2%
'
*8 Va
174%
86
-.
5% %
' ' 210
: 51,800
//
85%
Corp__r
Brake Shoe Co
Am
1
50
preferred—-.——-
American
1,300
,™^——
Agricultural Chemical. ,No par
6%
VV'J
;
85%
35'A
48%
2Va
'
86
American
;.
...
10
9%
American Airlines
.150
AA' 51,800
A 128% 128% "
9%
9'A
174%
15
101%
49'A
49
//>> 2%
■
-
*70%
V 72
71
,
5
111
.
*24%
24% /
;4%
5 Va
24%
24%
5%
5
>.
104
108%
,
/; 110% 112%
49%
50%,
*2%
2%
*8%
9%
112 'A
*50%
*24%
104%
*102
37.74
12'/a
12'A
.
■/
14%
*103
15 /A
104
■
14%"
37%
111
12%
11%
*14%
1,000
3,800
/
13%
Y/
Amer
A
-
13%
'.
110
61
Amerada
1.000
37%'
'y/':
*108'A
••
...
59'/a
par
18
97
l26'% Jan
7
17®% Jan
7
7% Jan 13
.No par
.No
Petroleum
1.800
•A
59%
23%
*110'A
-
110
15
*14%
111%
*2%
11%
11%
15
*102%
110
109
110
109%
31%
128% 128%'
9 Va
72
23%
:.'
A:
*108%
/
8574
31
'
23% A;
:
8574
31
.No
preferred-^—.—.
6%conv
700
:
.18 V4
35'A
.
*71'A
71'A
23%
HO
*108%
11%.
15
71 Va
23%
23%
.
110%
"10%
71
71
■
110
*108 %
35
.
-
■
85%
17%
174%
*173%
1
33
,13%
'
6,900
*
33
60%
86 A A,
:,x84%
•
2%
31%
*5874
37%
;
'
"2%
2%.
•
.
17%
128%.
,
V4
37%
14'A
8%
1,400
60%
60'A
,
19 Va
*60
17% A
\ 13%
38%
19'/a
™
$ per
16% Sep
2
73% Jan
-
Lowest
I per share
share
6'% Jan
.No par
_100
Alpha Portland Cem——.
Amalgam Leather Co Inc—
38»/a
19%
preferred
5 % /
5,400
*17'A
59%
60'A
A:
Allis-Chalmers
85'A
17%
*60'A
A-A 500
A, 31 A"1
*587/a
59
:
'/"■'Av'AJ >/>9%-:y y
9%
84%
84%
'
84 Va
84% '
173% 174 •
173% 173%
34%
35%
35%
36
84%
84%:
19%
17%
60%
96%
*19 Va
.
A
86 Va
9 Va
9 %
9 %
2
/
15
96%
38%
31
A A 17%
37%
37%
.
>128
129%
*128
2'A
31'A
86
60;/
17%
60%
15%
*60%
15%
60 %
14
2%
30
:
31%
59%
17%
19%
■
*29
60
19 Va
'• 2%
.
14%
38
38%
38
3,900
—
96%
>96'A
'
*2 V4
■
;
97'A'
*96 V4
.
39
38%
2'A
2Va
Y
97% >
1 per
Par
Corp
Stores
Allied
15
147/8
14%
14%
Shares
Year 1942 '" '
y
Highest
/:
.
Highest
Lowest
EXCHANGE
the Week
S per share
$ per share
share
$ per
15
*96'A
96%
•
'
14%
15%
97%
.
<
Jan. 21
Range for Year 1.943
STOCK
NEW YORK
Sales for
Friday
Thursday
Jan* 20
Jan.10
share
$ per
# per share
share
15
Jan.18
Jan. 1.7
Jan. 15
I per
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
Apr
143/a Apr
12% Apr
28'A July
153/a Sep
47
Sep
19% July
20% Mar
.7
6
29
17
14
21
20
19
22
27
May
33% July 24
X29
X110
Sep
143/s Sep
33% July
114
Aug
117a July
20% Mar
397s Apr
9
24
13
28
1
16
6
,,
,;
.
7
Apr
1% Apr
15%
Apr
23A Jun
9 Va
Jan
3%
Dec
31
Dec
4Vs Jan
9%
Jun
143A
Jan
2®%
Jun
4Vs
Jan
4%
Jun
7%
Jan
4
Apr
6'/a Jan
22
Jan
36
Dec
6% Mar
13%
Dec
Apr
6%
Nov
24% Aug
33%
4%
Dec
87b
Jan
12%. Dec
12'%
Jun
18 Vb
Jan
Apr
X23 'A
Nov
26
Oct
15%
20
Apr
23%
Jun
64
Apr
30
Feb
1103A Jan
63% May
9'A
Dec
9% May
177s
Nov
28% May
397b
Jan
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
LOW
Saturday
Monday
,
Jan. 15
11 per share
;
ISVa
=■55
17%
57
*55
15%
59%
"■117
118
*391/8
18%
8%
*16
18%.
8%
V
>
8%
16%'
16%
16%
I61/2
16%
16
*14%
16%
*14'/a
*92
97
*92
14'A
14
14%
16%
-
16
*14
97
Y
V-
16
/116
14
147a
45%
46
*45%
92%
92%
46%
47
47
92%
921%
92%
92%
48%
48%
48%
*481/4
48%
*34
34%
34%
34%
29%
29%
36
14%
'
'
34%
34%
35
29%
291/8
29%
29%
29%
29%
351/4
35'Zt
35%
35%
35%
-35%
35%
36%
3%
3%
3%
3%
3%
3%
3%
3%
*38%
39%
38%
13%
v
13
49
3%
39
*40 V2
38%
38%
*38%
39'/2
13%
131/4
131/4
131/2
13%
13%
*40%
421/a
*40%
42%
42%
13
*40%
9%
9%
9%
9%
9%
9%
9%
27%
27%
27%
27%
27%
27%
41
*431/4
43%
14%
151/4
v
*39
41% Y
44
43
"
447a
15%
'7
*40
15'/4
18%
45%
9%
15 74
43
■;
*4l7a
183/4
*1874
18.3/4
9%
9%
9 3/a
9
U73/4
*116
7%
103
*116
6%
77a
103
87a
"
51%
81/4
*17%
8
177a
•
*19
,:•
1974
/ 33%
.
*34
34%
29%
34'%
29'/a
,.'■36%
■
36
'
>
38%
13
*33
33%
283/a
*40%
42%
9%
9%
■
*10872
12%
12
12%:,/
4
•r
■
;•:
■'■
27%
9%
40
7/1
7::
93/4
44%
14%
*41%
43
*41%
18%
8%.
9%
37a
12%7
4
6074
48
,
93/4
9%
3'/4
374
14
14%
YY14Y"
76
76
21%
21%:
*25%
21%
25%
*53%
v
25%
55%
6%,
6%
16%
16 %
16%
24%
:
17
24%
7%
9%
*7%:
*44'/2
7%
46
:
45
7%
L.-f
;
30
29%
29%
*29%
4%
4%
4%
4%
37%
44%
126
*124%
*116
124%
117
v11%
*17%
11%
V17%
20%
-
*17%
117
20%
117
*2%
2%
2%
*107%
12
*24%
11
7%
7%
*115
11%
24%
•25
25
17%
*7%
120
*115
7%
8%
34%
*5
5'%
120
34
r
59
59
*18%
57%
19%
*18%
58%
19%
26 '/a
26%
*108%
109 %
*29%
30%
29%
45%
45%
%
6% •; 7
13%
14
.5
*17
*28%
6%
5%
4%
19
16%
16%
16%
41%
39%
39% 1
49%
15
*15%
*14%
16
•
*15 '/4
1%
*26%
81%
15%
*l'/2
27%
81%
15%
109
20%
56
120
148
106%
28%
*114
82
23%
16.
'
*106%
287/8
28% :
*112
29
36%
*16
14%
14%
13%
14
151/8
14%
14
27
26%
27%
27%
26%
26%
26%
27
For footnotes
see
page 363.
;
27%
21% July
3% Jan
6% Mar
10%
Nov
69%
Dec
95
Jan
25% May 20
10
Jan
17
Deo
30% July 13
16%
56
Deo
537a
Nov
1%
Jan
53/4
Jun
7%
Nov
30
7
117b
Jan
16 3/4
Nov
13% Jan
13
271/4 Dec
291/2 Jan
23
38
..25
6 3/a Feb
9
par
36i/4 Jan
/
;■
...5
—100
Co
...
class
A__1
21
41/2 Jan
10
40
100
x85
2
Jan
25
Jan
Mar 27
1% Mar
16
97«
Apr
157a
Dec
Mar 31
,27%
Dec
33
11% May 7
473/4 July 2f
9% Apr
6
46% July 22
3%
Aug
Jan
7
8
8
l3/4
31% May 29
3% Jan
100
7
Corp
'
5%
Foundry
111
Lt
6% prior
16 ■••■
1%
•r:
50%
1%
28
:
■'80 3/a
*26%
105
1,300
28
....
803/4
15%
■
400
1%
80%
153/4
10
153/4
*60
20
6,700
.
2,700
*104%. 105
•,
61%
200
61
570
'>
41
*92%
55
*53
363/4
90
41
40%
*107
400
109
Jan:14
53
"
10
8
16% NOV: 29
tChilds CO
—...
Special gtd 4%
23% Jun
16
7
Dec
1
115
41:
82
8
27
4
72% Oct 29
34
37a
18
Apr
104
35
2374 Jan
327s
Deo
19
Jan>
187a
Oct
; 6
8
157a
14 3%
Jun
13
93
Apr
Sep
10072 Nov
5%
Apr
27% Apr
j,;
972 Oct
1%
Jun
2 3/4
4
8 3/4
Jun
133/4
167/a Dec 31
4%
Jan
6
22
6
J* Jan
36% Nov 24
22
54
12
133/fe Jan
4
IS3/* Apr 30
18
Jun 10
( Dec
.
7
67% Jan
10y4 Jan
963/a Jan
2
153/4 Aug 18
4
Feb
10
13
32 % NOV
30
Mar 17
123
4
32% Apr
«
85 3/a July 15
23/4 Jan
27
33/4 May
7
243/4 Jan 30
-
2%
Deo
83/4 Nov
41% May 20
May 27.
Dec
1
Jan
Apr
Jun
12
11% Jan
48
36 3/4
7a
23/4
5
Apr
106
Sep 27
63% Dec 30
8'/a Jun
25
33
Apr
393/4 Jan
47
July
52
Jan
Jan
117a
Nov
11%
Jun
133/4
Feb
1
Deo
20
May
437a;Jan
May
99
Oct
34
27a
Mar
7
28
Jun
11
120
Dec
747a Jun
7
673/4
Apr
1163/4 Aug 10
107'/4
Jun
22
42'/a Dec
27
22
7
" Jan 23
10872 Dec
29
92'% Sep
29
OS3^ May
77% May
54
13
Feb
6
33% Nov
18
Jan
12
Sep
47
May
Jan
7074 Deo
92
32
2
50
25
.
Jan
28% Jan
stock.——50
274 Feb
9
4
84
Jan
8%
Feb
101% Jan
-
Sep
17 '/a
109% Jan
67
Jan
7% Nov
Aug
Dec
39% July
145
Oct
Nov
4
i
Deo
378
9% May 11
17% May 13
7% May 12
217/a Jun
2
2% Jan
Oct
Apr
July
July 22
July 23
Jan
Jan
33/4 Nov
Jan
Dec
193/4 Apr
24
Jan
July
"
1%
Jaii
2% Nov
110
Jun
274
21
.
237o
Mar
11
■"
Sep
Apr
7% Jun
Apr
1%
30
8% Nov
87a Dec
17a May
90
Aug 27
18% Jun
5
25
Aug
50
Jan
par
Co (The)— __ 1
—
—100
gtd
50
Deo
67a
2
10% Jan
preferred—————100
preferred—.
Jan
97%
2
v
;—No par
6% % preferred———100
City Investing Co.
.—...—100
City Stores..,——
—5
Clark Equipment—_il—No par
O. C. C, & St. Louis Ry. Co
..100
Clev Graph Bronze
120 3/a
"3% Mar 12
109"
7% Jan <7
Copper Co————25
Clev El Ilium $4.5(1 pfd——No
Deo
Apr
Apr
2% Jan
No par
—5
Deo
97%
33% Jan
1
par
^-10 ;
Chrysler Corp.,
City Ice & Fuel——
Dec
29%
111
8
8% Jan:13
•
Oil——
4274
14 3/4 Apr
5
21
July 16
5
993/4 Jan-
40
Cotton
Jan
18
No par
-100
——5
preferred——.
__-r-^_50
Mail Order Co—
-*—5
Chicago Pneumat Tool——No par
$3 conv preferred
—No: par
Pr pf ($2.50) cum div—No par
Chicago Yellow Cab—.—No par,;
5%
2
32% Jan
ilQO
5%
Chile
Jan
i..No: par
....
Chickasha
7
Mar 19
Clev & Pitts RR Co 1%
93%
53
•
Jan
3
Chicago
5%
114%
: *92%
>54
300
82
*753%
■,
93%
100
155
*114
109
-r
93%
6%
*142
114%
*40%
*107
"v
'•V 36%
82
*114
41
*6%
155
*75%
"
6%
36%
■;
V,
200
:
3
Chicago Great West RR Co..—.-50
„•
,
2
98
Class. A
'
12
Jan
3\
X33
Chic & East 111 RR Co—No
17,400
1,300
15%
V 15%
*104%
6%
•
Jan
13
100
Champion Pap & Fib Co
Apr
Apr
2
4
Deo
Apr
8% Jan
2
130
.
15
77
12
Nov
82
27
1% Jan
3 %
July 22
120% Sep
16% Jan
Jan
28% Nov
30
1
16% Nov 26
89
Deo
25
96% Feb
973/4 Jan
Chain Belt Co
i
54% July 19
40 3/a Jun
108
Jan
110
1
preferred—...
117
14
No par
Products——1
Certain-feed
22
Dec
128% Sep
par
Feb
4% Nov
38 7a
39% Dec 20
147
4
preferred—100
Co.
4%%
Preferred
16,600
6
16
'k
——No
37'/a
Feb
Apr
77
Apr
22% July
2% May
6
Jan
119
100
.—100
Cerro de Pasco Copper
12,800
"20% 121%
7
26% Jan
95% Jan 26
100
■
14
•
preferred
prior
Nov 30
40
No par
Century- Ribbon Mills.——No pat
10,800
14%
r1
16
21
No par
Chesapeake & Ohio Ry—..._.i.25
>
32% Dec
127% Jan
.100
5% Apr
73/a Nov
29% May
32
97% Dec 31
25 % Jan
1
Ry__
1
•-
7
14
14
36%
,-v.
r
Xl3% Nov
10,300
,'a; 45% "46%
40%
*142
'
par
No
>
*50y4
79%
■
36%
36
353/4
36
36%
,
,
35%
*143
:
•148
115
*15%
•
*63%
64%
160
24%
■243/a
24%
2,700
1063/4
1063%
107'/4
260
; 28'/a
2,600
1063/4
28%
111
16%
28%
15
14%
14%
.
111
40
16
14%
143/4
*108
15%
133/4
15
28%
112
15%
14
14%
27
27 %
26 %.
26%
900
64
16
1,200
*13%
"15
14
:■
650
15
1,630
'
..
Coca-Cola Co
-
27
"271/4 '
27% ..27i%.
14
14%
""27%
27
27
•
27
580
3,800
1,300
Class
A
(The)—
——
Collins & Aikman
5%
conv
preferred
Colo Fuel & Iron Corp
July 20
4
123
Sep 21
July 14
Dec
28
6874 Oct
361/2 Jan
11
25
Xl03% Dec
6
17% Jan
4
Jan
7
13% Nov
8
19 3/a
88
61
—No par
100
No par
{Colorado & Southern
100
4 % non-cum 1st preferred—^100
4 % non-cum 2nd preferred—.100
Columbia Br'd Sys Inc cl A
2.50
Class B
40
153
Jan
142
-No par
No par
Colgate-Palmolive-Feet,——No par
$4.25 preferred
—No par
2.50
4872 Mar 30
May 13
33%
No par
—100
Preferred
.
24
28%
13%
13%
Cluett Peabody & Co—
'
148
1143/4 1143/4
63%
116
*14%
Climax Molybdenum——No par
3,100
36'/4
*143
'•
3,000
36%
36%
115
64
"
35%
36%
148
*28
27%
'
Apr
Feb
7
600
:
15
1%
155
*112
14%
26%
—
30
41%
*27
23%
23%
106%, 106%
15
26%
6
2
Feb
2 %
7
Sep
Oct
Nov
91% Apr
193/4 Apr
preferred
Checker' Cab Mfg
50%
/'
*6%
64
14%
14%
13%
5% Apr
18% July
83% Apr
4%
19%
1
3%
22%
:
30
6
59%
36
16%
15
10% July 15
29% Nov
Jan
Apr
110
14%
*114% 115
114
14%
14%
*14
Oct
2%
Jun
6,200
*14
6%
*143
23%
114
16
~9 %
6V4' Jan
10% Aug
3
39 3/8
Aug
Apr
Jun
Nov
125
Deo
72
Mar
11274 Nov
31%
102
Deo
Deo
841/4 Mar
May
50
Jan
32% Apr
25% Apr
44
Jan
'
106% ,107%
28%
28%
116
26
Jan
27%
7%
58%
35%
148
23%
15%
46
'
55
7
/
%
1101/4
'•
31
57%
109
Dec
503/4
26%
*50y4
28
82
Nov
20%
1
110%
*391/4
V/z
*40%
*114% 115
64
'
64
107i/4
1191/4
26%
110
-16
*107
36%
*143
16%
15
1
*53
16
*14%
15
114
22% Jan
52% Jun 24
Central Violeta Sugar Co—
300
50%
.
2
9% Jan
5
', 657a Nov 19
16
Jan. 9
fCent RR of New Jersey......—100
#
1,590
40 %
41%
*53
114%
24%..
613A
*18%
"18%
.
7
*38%
114
5
15
2d preferred——
Central
700
*92%
148
'.
58 3/4
17%
*77
;
preferred _————20
Central Aguirrc Assoc
2-No par
4,600
17
36%
41
36
64
5%
17%
*147
Oct
26%
Oct
5%
10
5%
,
59
,6%
109
-36
114%
•'
4,700
17i/a
82
*40%
36%
V
33%
17
'*92% .93%
:
120
33
17
*104%. 105
.
114%
*107
93%
53/a
17
*26%
25
Feb
prior preferred
Celotex
400
163/4
155
114%
55
*143
,v
6%
37
;
*77
36
,
60
*115
33%
v
'
*36%
36%
24%
116
59%
*147
109
*63%
106%
37
29 ]/•'"
-*6%
155
63%
24%
,
36%
115
63
,
6%
7%
21%
1%
15% Mar
16 %
6%
Jan
6 % Dec
1%
1,100
5%
106%
61
6,900
*7%
V
llVa
■23%
16%
104%
104%
11
series
Central
231/2
7%
13%
15%
*53
19%
11
45%
80%
*27
114% 114%
40%
40%
36%
115
1%
109 5% Oct
4
4
2
7 %
■
120
'20'/a
15%
"*92%
:
5%
79%
*107
93%
118%
16% "
15%
r
230
20%
80%
*75
'
*117
5%
Oct
11%
2
—
125
18%
15%
*36%
82
*143
:.1 %
35% July 19
31'/a Jun
7
9
125
*58
7%
*15%
-
7%
5%- Sep
Sep
May
19% May
14% May
1
5
6
Co new—.——25
Preferred.
'
45%
80%
*145
41
36%
1%
16
(J I)
Dec
Dec
5% Jan
Corp
105'/2
5%
14%
-
3%
85 %
.
y4 Aug 17
20% Jan
2% Jan
Co
1051/2
33%
*50'/4
•
2% Apr
47%. Jun
54
Oct
30
Celanese Corp of Amer
*29
81%
*6%
115
35%
36%
*15%
"
31
28
60%
;
37
*40%
16
14
Jan
24%
Caterpillar Tractor
470
*14
50%
■
112%
6:
% Jan
Ohio
&
Steel
80
17%
18%
80%
104%
155
*92%
*53%
14
Clinch
7,000
17
*115'"
:
19
16%
Jan
*103% Mar
Jan
Jan
—
2,700
*7
59%
5 './>
8%
14%
18
No
391%
20
33%
51/4
15% —15%
60%
*114%
*501/4
15
/
•
Dec
6
35
16
Ginger Ale—.:
Dry
45%
;
17%
78/4
28
:
104'%
;• 7
•"■
50
59
•
Case
—
,10
16%
,,
16% —16%
*14%
38%
10%
13%
17%
28% July
9% Apr
18% July 16
Copper—5
Cons
118
25
/;/;
19%
171/2
17%
*48
45%
23% -23%
6%
5%
19%
Jan
10% Nov
29 V4 Apr
1
125
110
,
Nov
43
Apr
49
50
& Hecla
Carpenter
4,100
/
'
391/2
39%
36%148 Vz
*17%
■••
115
45%,
14%
.
36 %
*146%
,
38%
11
*29
35%
Apr
6
par
Carriers & General
1,400
2,900
25%
7%
13%
19
400
4%:
11%
109%
45%
t
6%
*17%
■
11%
109%
•
.Jan
7
21 % Jan
Zinc-Lead
Carolina
300
30 3/a
*4V4
113/4
*24%
30%
45%
13%
,5
17%
:
99%
99:%
*30
45%
23%
*18%
25%
109%
6%
19%
17%
19%
25
■109%
13%
■■■
5%
19%
26%
1091%
26
44
preferred
p.y
Canadian Pacific Ry
1,100
58%
Nov
Sep
No
5%
6,200
*18%.
30
45
45%
25%
*109
99%
3%
5%
Nov
40
par
Administration
20 %
33%
Sep
9%
21%
7
California Packing
108%
115
20 %
Jun
7%
4
3
$3 preferred A—
2%
34
May
15% Jan
:
6
41
100
.—No
46
*107%
'
X15
31% Nov
6% May
75 •
May
Zinc—.
Capital
7%
*44%
2%
120
&
600
*7%
7%
46,-
108'%
:;-;/• 5
5%
58% .59
Mar
30
10% Apr
1
./
Byron Jackson Co.
16,400
/
2%
33%
5%
Oct
25
w
15% Jun
Mills
9%
*107%
*115
34%
5 :/
Copper
Cannon
9
*443/4 '..451/2
11%
20%
*7
Dec
3%
Jun
July 14
8'
.105
.
Byers Co (A M)
—No, pat
Participating preferred—...
100
400
9
2%
7%
Dec
28%
Jan
iy4
.......10
Southern
108%
7%
May
9% Jan
2% Jan
L
Canada
45%
•
34
Butte
7
2
100
;
preferred
Canada
2%
-
20% Jan
Bldg 1% preferred.. 100
60
*107%
Vv.
1
.7
3,400
2%
10%
22%
18% Mar
12
5
16
1
363/4
118
17%
*23
Nov
7.. 24% Jan:
.
preferred
conv
'
6% Nov 30
14% Jan.
_No: par
preferred..
5%
8
Nov 30
par
1
24%
117%
17%
11%
Jan
9 Va
May 10
116% May 10
7:
1
24%
124%
20%
23%
17%
May/,,
118% July 27
2
43
par
No
;
*34%
106
17%
10%
—l.No
353%
37%
11%
23%
•
Wheel
Campbell W & C Fdy__
124%
20%
3
Jan
76'% Jan
.par
4,600
*105%
11%
2%
Jan
42% July 23
20% July 10
10% May 6
12
.100
Terminal
10
*107% 108%
108%
11
104V2 Jan
Nov
44
4
par
1
24 3/8
45%
37%
11%
2%
108%
-.
Feb
40%
44% May 21
18 V* Jun
5
8
13
Jan
6% Jan.
5*
..No
167/a
*146%. 148%
106
20
20%
*107%
■
Mfg
preferred.....—
"6%
2,300
Dec
95%
Apr
19%
'
■;
46
36%
124%
:.11%
17%
20%
/ 45%
*105%
2
Jan 16
.100
(E G)
16%
36'/2
124%
*116i/4
■
11%
16%
36%
37%
7
9% Jan
29% Jan
...
Calumet
41%
105
37% Jan
...
4,300
30%
124 '/a
124%
117
117
/
11%
/
45%
37%
Co....
6%
4%
105
33
par
.....No par
6%
99%
36%
*44%
6%
7.%
148%
■
par
5
Callahan
30%
36%
■
12% Apr,; 5
soya Jun
7
No
2,400
4%
*146%
37%-
45
8
4
No
iif
99%
36%
45%
7
8% Nov
20% Jan
$5 preferred
.
Jan
par
1
Co
preferred
-*5%
1,900
55
'/
30%
148%
105
15
1
par
No
No
1
Burroughs Adding Mach__'„No. par
210 /
•25%
*54
.
4%
„.
36 Ve
37%
25%
,54
*441/2
*146%
*104%
22%
6%
.
7%
37'%
44%
37%
22%
*44
46
146%
105
22%
24%
9%
36%
45%
37%
■:
.
20
Bush
900
7 'J
43
May
1
Bulova Watch
3,000
%
.
■v;
146%
148
3 %
*34%
;
45%
99
4%
14% NOV
Butler Bros
14%
*29%
30
8
600 ;
74
16%'
35
*44%
11% Nov
2,700
9%
28%
14
II
24%
t-: "71/4
,
22
Bush Term
74
54
8%
99
38% Dec
■'
"
45%
46
30
4%
24%
16
180
14
-
■
17
*34%
7%
ft* 44 %
99
v
99%
/
"
">■■■■•
28% Jan
,
10
75
""-25% .'25%
55
16%
:
45
■
991/2
105
25%
9%
9 }
•sf.
r,
45
99%
36%
25%
3
Burlington Mills Corp
—1.'
,
22%
22%
*54
25
99%
*146%
>.7 22%
35
46
V 3%
■'
1
14
6%
*34»A
7%
*44%
3%
3%
Oct
May
72
July 14
6 % Apr
Buffalo Forge Co—
Bullard Co
'%•'
6,900
> 71,800V
74
Y
6%
24%
45
9%
31/4
30
39
Budd
1,300
7;7:/;-7
46 %
28 %
6%
34%
9
9%
%
34%
45%
*44
3%
'•'
13 y8
2
7%
500
'
15
9
Budd
2,000
Jan
Dec
13
Y
3,100 r
-
Jan
21%
35
2% Jan.
Jan
Dec
30%
22% Jaa
Briggs & Stratton
700.-
60
,
28 74
lif
•;C, 16%
:
■
14%
12
75
25
26% Jan
Brooklyn Union Gas...
.
19% Jan
7% Jan
Apr
July 15
5
Bridgeport Brass Co—
1,640
Deo
Apr
July
13% May
1
51
15
7%
•
1.2% '
4%
•
46%
"
24%
9%
*58
9%
14
34%
9%
47
■r. 28%
75
241%
*34
60
47
9%
6%
'
4%
28%
14
54%
12 %
4%
.
Jan
29
58
6
96% July 29
/
Jan
121
Jun
8
Dec
66%
'
Sep
Jan
8%
k
Sep
11%
21
(assented) _100
Bower Roller Bearing Co—.
5
Braniff Airways Inc.
—2.50
—
Boston & Maine RR
1,040
'
•
/ 7/
*108% T10
12%
*58
7,
%
65%
110
4%
(The)
Jan
5
56% May
8
.
Bruns-Balke-Collender.___._No. par
33%
28
12 74
48%
74%
25%
*54
OQ
/...
■,■;:..,•'%
%
6%
16%
25%
54%
%
.
<
'
17
_1
—_
14%
6
' July 24
21% Mar 30
9
54
24 %
Dec
49j/2 May
105
July
18% Apr
24
Jun
15% Nov
Apr
8%
;
6
i
Dec
19
2
Bucyrus-Erie
.!•
19%
33%
60
9%
22%
8
18
7%
28
Co
Inc
Nov
28
19% July 14
13
85
38% Jan
1,400 v
Y
19
*108%
4%
14
221/4
25%
*54
:V %
| if
22%
-
53%
18
33%
Stores
Bristol-Myers
35,900
109
41V8 Jan
par
par
4,500 /
7%
27%
Bond
•
18%
*33 %
12%'
*28
3'/4
7
52%
7%
5
No
Brown Shoe Co—
117%
106%
•
Brass
Jun
100
9
No
800
/
19
18%
110
76
*75
7%
>;■
28%
47
283/4
7%
52%
•■>17%
33%'
*58
93/4
*28
•
14%
*107
&
class A_,
500
9
*116%
105 %
Co
Brewing Corp. of America...
,
4%
48
7%
51
7%
12%
4%
*59
'
.
28%".
374.
HO
12%
117%
101V2
18%
28%
*108
76
*75
Aluminum
Ann
17%
3
69% Apr
5
Jan
27
July
121% July 20
9Vz Jan 26
5
Class B—
3,600 /
18-%
*8%
9
*116%
18
33%
;
48
*28
7%
28 3/a
14
*35%
Bon
2,700
/ •.:?,
717
11% Nov 29
Bohn
43
18%
131% Jan,
76
Boeing' Airplane Co—_
5,700
15%
18%
3
Bloomingdale Brothers
—No par
Blumenthal & Co preferred
_100
/
Borden
7
40
44%
7
18
33 7a
76
*145
Bliss & Laughiin Inc
'
5
Nov
38,
54
Nov 30
110V* Jan
4.
par
Borg-Warner Corp—;
-7
40
50%
*18%
:
28%
■
60'A
48 ^
;,y
28%
*3%
„No
—.
8% Jan
.157
7
I per share
9% May
46% Mar
17
""•
9%
44%
100%
50%
Y.
19
*108%
3/a
4 74
*59
4872
28'/a
*6%
11% Jun
Co
27%-,2,500 7 Briggs Manufacturing
15
9
100
8
••■;
28 3/a
4
601/4
487a
59%
2
400
.
42 Va
9%
27%
14%
117%
*33'/a
.
110
■'
4
*104
6% Jan
Blaw-Knox
3,300 x-
13 %
0441/4
6%
18
19
,■■:
■
*1%
-
.1,200.
38%
137a
*39
9
7
-7%
19'/a
287a
*59
1
19% Mar
9,000
3%
*3%
38%
,
27%
'
,v
18%
*116.
1173/4
*17%
18
1S%
109'A
:: 12%
/.
4
900
-
29%
36
•
3%.
*40%
>
43
18%
*101%. 103
50%
517a
8%
7
is
:
337a
*28
*108'/a
.
Jan.
40
151/4
*41%
9'A
f
6%
102%;.;;,;
51% 752%
,
16
800
?
<
.
\
No par
no
v:
49
44%
*44%
•-*15
43
*18%
117%
/
Black & Decker Mfg Co
6,700
92%
*48%
'.;
40
39
45 Y
15
*41
19%
*116%
6%
41
447a
■
v
'
;
40
10
,
27%
*39
33%
,
42%
9%
27%
■7
8
30
14%;;*
46
92%
46%
92%
92%:
*48 %
49
291/4
:
27% Jan
"
•49
34%..
:■
No par
22.% Jan
.
Highest
I per share
20
Blgelow-Sanl Carp Inc—
300
;
95%
.14'/8
.
17% Sep
•
"54% Feb, 23
1
..
„
3,500
16'%
.
95 y4
13% Mar 17
par
500
.;
16%
"15%
.
97
.
92%
461%
*16
16%
*14
*94
.
97
13%
14%
13%
*16
16%
*92
*91 '/a
*381/4
No
Best
>
7,700 -
8%
.
Loan
800.
18
8%
Indus
Year 1942
t per share
•« per share
■
Lowest
600.
59;"
18
Par
1
Highest
Pr pfd $2.50 div series *38-No
par
& Co
—.—J—.No, par
Best Foods
:
1
Bethlehem Steel (Del)
No par
7% preferred—
—100
8,100
v
39
38%
8%
'
400 i
■*
.
;
117 ,.'
116%
1
18
8 J/a
47
*41
;
39%
*17%
8%
58%
:
117,
39%
*47'/a
7
58%
*116%
18
*17%
16%
Range for Year 1943
Lowest
'
97
47
58%
36%
16
.
Range for Previous
STOCK
\
Beneficial
900
/
S7
*36
15%
;
'
•"•■■
*55
36%
.
58%
39%
7
YORK
EXCHANGE
f
Shares^
.
18 7
18
NEW
the Week
$ per share
share
57 /
■
15%
117
39%
8%
*14iA
14
*55
Sales for
Jan. 21
18
•
*36
15%
117
18
*98
7.
58
8%
;
57
15%
587/a
*17%
18
*367 y 37%
39%
39%
8%
*55
.
117
117
39%
$ per
18%
15%;.
58%
117%
39%
18
81/2
371/2
,15%
59%:
*116
39%
'
...18
-
58 %
57
*36
37%
15%
581/4
18%
*55
37
151/2
•
S per share
18
Friday
.
18
57
371/2
I0V2
'
.
STOCKS
Thursday
Jan. 20
Jan. 19
* per share
17%
/V 371/2
FRIGES
Wednesday
Jan.18
S per share
187a
SALE
HIGH
AND
Tuesday
-
Jan.17
-
108
Dec
18
8
10974 July 17
28 3/a July 15
1147a Oct
6
July 14
21/4 Jan
2
3% Jan
2
Jan
2
19
Sep 25
1974 Sep 25
173/4 Sep 25
153/4 Jan. 6
26 3/4 Dec 31
2
267a Dec 31
3
15 % Jan
139
367a Jan
Jan
149
Nov
56% Mar
92
Nov
55%
Jan
63%
Jan
11% Mar
173/4
Nov
977*
Apr
10% May
96
May
13% May
7a Apr
1
May
"% July
87a Apr
8 3% Apr
1077a Deo
183/4
108
Oct
Deo
187a
Jan
4%
Sep
5'/4 Sep
5
Sep
167a
Deo
167a
Dc*
.
;
Tuesday
Monda*
Saturday
4%
80%
74%
87%
4%
4%
4Va
"79%
80
79%
*72% '
74%
74%
*86,A
88
*87
,
17
17
40
40
: *39%
'
41%
41
*105%
-
45
14%
15%
■'
-
u
20%
2ty2
3%
v"
3%
21%
21%
102%
102%
26
22
14
16%
21%
12
12%
123/4
13"
21%
22
22
22
13%
13%
133/4
14%
15%
15%
15%
8%
34%
AA 11% "•'11%
44%
44%
11%
19
55%
56
5%
5%
2
2
19
'V
1
,
19'A
.
*28 »A : 29
46%
,16%
16%
99 W- 99'A
29%
30
*45 %
A 27
*
46%
16%
16%
*98%
98
V:
70%
70
26 y4
25%
12%
13 Vb
12%
70%
,
29%
70%
70%
26%,
118
*114
115
*114
107
*103%
107
*104
107
*103%
23%
24
.24 ■;
105
*104¥s
44%
6
5%
5%.
16%
45
6
150
*131
A
22%
16%
45
V:
:
17
115
*113
Dec
:97%
:
Feb
Va
7% Jan
•16% Nov
,
,
94
Jan
% Nov
9
>
Jan
3
Oct
•
•
7
1
29% Oct
Dec
123/a
Apr
Jun
;
%
;
i:8 ■ A Sep
10f
1
18%
Apr A"
.
78
July 24
Apr A
1%
Jan y
27
18
.
29
a
■
27% Mar 30
Jan
33/4 July
16
Aug 11
18% Dec 27
16
47% Dec
43/a
Oct 25
107;
6
Jan
6
233/4 Jun
Jun
2
Jan
5
82
7
7
96
11%
:
8
v
,
¥4
Jan
Nov
9 '
Jan
27
Jan
¥4
96
May
Jan
163/4
ll'A July
oct
Apr
77
5
Dec
Apr
2'A
110% Sep 24
103 ¥2
Jan
150
150
'
23
•
22%
23
5%^:
28%
Dec
Cuneo
.*
• 100
,
conv
37% July
3 8 3/4 Jan
15
Apf
Jan
53
Aug 24
45
A
Dec
1863A Sep
8
6
2% Jan
2
A;;
Jan
2
•
May
2% May
23 y2 Mar 12
15;
Jan
23% July 27
:
2
4
17
Oct
26
10
99% Aug
6
77
14
a 38/' July.
•
Nov 30
82% July
:
22% Aug
7;
9 f '>14 % Jun
115% Dec
1
Feb;
8;
.17/
Dec
9% Apr
10;
Nov
Nov
r
f
A;-V 9
Jan
88
Jun
.
140
Jun
74%
Jan';
A
133/4 Jan
!
I
13
; Mar
Dec
■13 V4
Jan
19%
Sep
.
Feb
00
19:
95%
83A May "/
:
.
13% May
2
8
-
Jan
.12%: Jun
Jan
Jan
05
-
Nov
is
i
Oct
81
Jan
80
.44 ,:
,140% Oct 28, A
26% Jun 29
.
Oct
9¥a
25%
■«*
.
Nov
20s/a
Jun
18
/
;
/
5% May
;
V
119% Nov
/'
Oct
32%
>
12 ..-Jun
8
,
Dec
10a
Jan/;
II
24% Mar 29
4 /
15% Jan-
Jan
303/8
/ Jun
5
116
Dec 27/
a 45% Sep 17 >
2\
Feb/26
Feb. 10'
84
88%
8% Jun
Jun
63
.7% May 10
■
14% Nov 30.
■96
12% Sep
,1
•
30% Jan." 2
.
Oct
107
,
•
84
>
26% Jun 10
.
'A
Mar
233A May a;
-
,s
Jan, y 8
2>
Jan
15
20
11,
11
14
106'A Jun 10
25% Oct 26
45
Jan
(5%
Jan
V May /A
Jan
.
Nov
41
Apr
2'
92% Mar 20:
—J—No. par v
/A $7 preferred—-——-4- . -No, par
'A Prior, preferred—No par /
Dec
20%
14% May
27
7% Jan
100
Dec
/A' 9%
Oct
10% Jan
4% %
Curtis.Pftb Co (The)
Dec
Nov
16%
Oct
9% Jan
18
145/e
.
.31
'
-3
preferred——_-—_/100
Jan
32
Nov
98%
/
Jun
5% May
■
Nov
%
Apr
/
Oct
3 ¥2
A 47
27'A Dec
^-30
179
12%
..
Dec
58
Apr
6
11% Jan
2,
Jan
:
12
.
-81 % Jan
105
Dec
Apr
85
223/8 July 14
108% Aug 19
4
X66
Jan
Apr
103A
2
•■'•
-
y.
May
Apr
5
18 3A Jan
10Q
Nov
37"%
Apr
Mar
23%
7 A.
42%
21 V
159
2
2%
17
II
22
Jan
37% Jan
21 ¥2
12 ¥2
'61 ¥2
Apr
8%
Jan
¥2 Dec
27
Apv
45
16'/a Jan
9
Nov
50Va
14% Jan
A
Dec
4%
5
95
,
r100
I0Q
Apr
61% May
53% Jan 20
/
—10
preferred^-,--.
47
Jan
173
'2%
:
17% Aug 20
13% Dec
37
83/4
Apr
17
15
273A July 2
x9% Jan
lnc_—
Press
/
14,500 V
';.
L'; A
25% Jan
Sep
'
6
7% May
No par
Packing CO---—
Cndahy
•
*
4 % Jan
A
-
preferred-, -a—;.
49% Sep 2C
Apr
5%
30%
'A
; 403A Jan
preferred—i__—100
Wheat Corp (The) ——2
preferred—,
28
21%
23/i Ma>
4
15% Jun
Jan
7
A
36% Jun
26% Jan
■'
,
115
*131
22%
4,100
<
,
6
16%
17
16%
22%
105
x4% Jan
V\ !/V 800
A ; > 19,500 A Curtiss-Wright 22-w-i—1;:/A
; Class ..A——■'
7,200 .
Cushman's Sons Inc 7% pfd—100
!$8 preferied—
—'—No par.
V;
2,400 L Cutler-Hammer -Inc—w—j-no par!
45
.
5%
*131
150
22%
22%
22%
6
114%
/
4/7%
»•
S'#- -io-;
A
114
V'
45
*113
115
*113
Jan
:
9% Aug
4
- Sep'
11% Apr
.
16
preferred—i.-w^i-4-—^100
Z 5%:
V500
*
5%
V A
6
5%
16%
16%
115
Jan
3 3/b
t
,,
83
89
_1
"Co——-w-^—2——25
Cuban-American Sugar,.
:;*!
■K
104%
:'v 5%
' >
6
"45
:
233/4
Apr
19% May 12
Nov
7
conv
Quba RR- 6%
.wr-V';.
A/,
23%
104%
8
*114% 115, a
;
115
*3n1
150
;
22%
■
-..
;
•
45
,*113
115
*131
r
-
16%
.16%
*114%
*44%
114
114
Jan
Apr
2
.
6% Apr V 7
24% July 15
333A Jan 24
—1'
Crucible Steel of Amer
A
24%
-
*23 Vb
23%
■,A> 5%
6
g '
A
107 '
;
640
VV'vV': 6,900 '
.115
23
;
■
13
12 %'
.
r'' t,
C00
f-A'' V 1,950
71
*104
V
U041/8 ,105
105
*io4y8
6%
6
,
45%
45%
22%
v
118
*114
116
..
.23
*231/2
23%-
*23
; *104% 105
6%
6 Vo
.
24
23%
/,..
:
1
11
•
Jan
44 ¥2
;
Jun
;
11
4% Jan
.-
•
Oct
ai
21% Mar 29
-17%
No par ——No par
$2.25 preferred———-u—No par
Crown Zelierbach Corp
5
$5 conv preferred
-No par •
6,300
27
*114
:
.
23".
30%
26%
VV
115
*114
107
23%
29%
3,300
-A..
9T%
*70
:.
V
:
97%
123/4
'12%
/23%:
Nov 23
Sep
Dec
10 ¥4
;
9% Nov 29
r
Refining——25
—100
—
Crosley Corp (The)
Crown Cork <fc Seal
500
/•
;
16 Vb
5%
Cream of
2,500
A; 1,500
46 VB
V; 16 V.
16%
—
4'—:
Coty Internat Corp—i—
.<
300
} 21%
46%
46
'
480
18%
29%
:
5
109
.
34
•
.
17%
12
v,\ 3% May 12
24 Va Nov
$2.50
;
1
5
-No par
Inc--—
Coty
: Crane "
6,600
;
28%
"
-
12% v
23 y4
:-
18%
118%
23%
"21 /;
:
6,600 V
22,600
-A:
19%
Preferred
180
105%
28%
*103%
22%
v
2%
19%
97%
25%
12%
5%
«
Motors
Products
Corn
3,800 Z
A/
1043/4
25%
-V
30,
; v 29%
30%
26 y4
70 y4
5%
.15%
; 97'A
98%
29%
'30 ¥a
*113
*22%
-A 46
16%
70 %
25%
150
•
46%
Jun
*
Nov
Jun
1%
,12%
July 20
Jun
11
105 ¥2
.
21% July
11
.v-2% Feb
•
Copperweld Steel Co————5
Conv pref 5%
series—50
Cornell-Ducilier Electric Corp
—1
Corn Exch Bank Trust Co
.—20
120 "•'•
563/a
.-V
Insurance
Continental Steel Corp
4,800
.V :": 690 "
177
28%
,
*114
16%
*113
*130
*45%
.
'% Jan
'A'7% Jan
—20
Continental Oil of Del
200
-
VA-
18%
18%
*28
10
24%
5 ;
5
15% Jan
91% Jan'
—10
Inc_—
Can
Continental
6,600
11,300
-
18%
27
Oct
¥4 Dec
7% May
as
25
7'
Dec.
S
Continental Diamond Fibre_r— -_5
2,100
47 '.V,
56
21%
28%
i6; ;•
Continental
•A
.
21%
99
16%
;
*20%
A
323/4
46%
•
Continental
1,900-
5%
*175%
104%
*28
•
:
,
1041/4
105
18%
,
46
25%
6
5%
16%
•
28%
12%
6%
,116
46%
G%
167/B
99
105
46 Vs
v
21%
21%
46
A
99
*70
23
116
2*A
19%
.104%
105
28%
28%
29%
2
19
:
56%
5%
5%
2% V 2%
19 3/8
19%
,v
'
19
46%
176%:,
5%
2%
19%
18%
24 y4
23 V
104 Vs
5%
,
X46%
A 56 •. ■ ;•
175%
:.
176%'
5%
18%
18%
56%:
*175%
•
3,600
1,100
45 'v.
5%
11%
49
V'
*48
•47 .A/
55%
5%
2%
.'28%
107
24
18%
175%
19%
V *45%
118
*1031/2
183A
3%
"
;t
No par
5
——
A.
,
!
11%
48%-:
18%
:
18%
175%
•V
19%
13
12%
*114
48%
v,
"
2%
/V 19%
27'A
•
46%
..A ;l47
104%
:
'11%
56%
V *20%
'■
25%
11%
46%
21%
70
70
32%
25%
18%
5 Va
21
•
323/4
56
105 Vi 105 y4
21%
*20%
32%
*25%,: 26%
26%
11%'
11%
48%
19%
2
19%
19%
*105% 105%
32%
*25%
46%
;/
176
5%
•
5%
v
•:
55%
'/
19%
V;' 5%
19
19%
176
175%
175%
5%
50
46 y4
55%
,
45
*48%
50
46 V4
-
44%
12 y4
12
12%
.:r"
19
19%
46
44%
32%
26-V
*48%
45%
44%
5%
32%
26
12%
50
*48%
u3/8
••
5%
-
32%
'
12%
11%
.
5%
5%
26
*25 y4
A.
:
*11%
11%
;
2,600
/■
34
12 »A
'
109
33%
*44
32%
32
32%
26
*108%
33%
;
V 44% ■A 44%
2,600
V/ V
8%
w——
Jan
<7
"
6% pfd—100
Consolidation Coal Co.
i——25
$2.50 preferred —————50
Consumers Pow $4.50 pfd—No par
Container Corp of America—20
Continental Baking Co—;
No par
8 % preferred
—100
V
260
.
V
21
2
Jam 13
17% Jan ? 7;
,.10% Janl 2;
Jan;
6
90
Consol RR of Cuba
800/
A.
104% v
■
203/4
8%
109
*108%
33%
12 ;•>:
33%
"
"A
8%
•104
;
Preferred
20 Va
July 14
Dec
Oct
29
Apr
.
Corp—6
v
91%
-82
Dec
35
Jan
1% May 10
2
21% Jan.
^-1—No par
preferred—
—100
Laundries Corp
leVa
-
Jan
¥4
11
7
' 2
2%
Jan
Jan
.,'16
Jan
84%
.
24
Jun
¥2 Nov
¥2
45
20
44 '/a Jun ; 1
Jan
;
5%
July 9
44
V
2
'
30%
107% Sep
363A Jan
Natural Gas wd—i^lS
Consolidated Vultee Aircraft——_l
2,500
33%
11%
44"%
21%
8VB
108%
*107%
34%
; 5%
v
5%
5%
31%
8%
12
44%
.
45%
1041%
21%
9% Jan
Oct
41
11
29% Jan. 15
.
23
industries—
partic preferred
^
$2
3,200
:
Trust——par
prior
Consol
2,200 :
•
.
;
19'A July 14
Consolidated
i4,ooo
:•
>
45%,;..
45%
45%
104%
104
v- 104
21%
v 21 Vb
8 Va
8%;
108%
*107%
33%
*11%
*25%
46%
34 Vs
34%
A
*45%
a
46%
21%; 21%
108%
34%
15%
.15%
103%
8%
*107%
r'
13%
15%
-
-
7
Jan
——100
preferred-^
Consol Film
4,500
15%
14
14 y4
8
8%
108%
/'
11%
21%
Mar
30% Jan
Qonsol Edison of N Y
—No par
$5 preferred—^2—No: par
24,000
117/b
14
,
8%
25%
;•
'
61
19
Consol Coppermines
1,100 /
-
98'A July 15
i'A
4,900
26%
25%
26%
25%
r
21%
15%
21%
*107%
,
25%
17%;
83/4 V
V
8%
.A1
9
*8%
>•
11%
*46
103'%
21%
21%
A
'
9
V: 17%
17
A; 16%
17
21%
*103
47 : /
46%
103
103%
•A
16 %
16
16%
47
*2%
2
Sep
Sep
54
29
2
104% Jan
conv
6% %
V
V'V 1,300 V
•2%
Sep
28
18
9
Consolidated Cigar^^
2,700 v
26,200 I
A
i
11%
14 %
46%
2%
3
:
10 V
2PA
103%
•
21 %
21%
14%
25%
25%
A;.
12
11%
700
••
21%
1033/4
<■:. 2%
8%
a
3%
21%
103%
v
1
73
;,79%Jan 13
No par
Congoleum-Nairn Ino_——No par
V
'AV:
107
21%
*i6y2
a /
1,600
•
2
77% Sep
2
37-
14
Commonwealth Edison Co
Conde Nast Pub Inc—
100 '
^
5 % Jun
2
Jan
1% Jan
Solvents—uUi..No par
Commonwealth & Southern—No par
$6 preferred series———No par
7,200.
:
,
103%
/v;.t '2% ■'
9%
9
9%
:-.v 21%
14%
*103
16%
.;
"
12
*21%
2%
2%
:
21%
3%
3%
"3%
;
22%
*106
107
i:.
9%'j
.
*21
-v
-
25%
103%
103%
103%
.r:
25%
24% A 26 Vo
*11%
3% ".. 3%
21% v 21%
f."
41
A21
*106%
107a;,
>
82
22Ve
22%
21%
3A
h
;■
■
4'A%
>
Highest
t per share
:
,40% Jan
Commercial
:
13,900 "
4,400'
27,400
'
share
1942
Year'
•
/
Lowest
per share
f per share
25% Jan
Comm'l Invest
5,900 :
/
.
•
%
■
22%
22%
*21
.
16%
2%
'
8%
9%
u
9
107
'
16%
2%
*3%
25%
V1.' *9
'
22%
103%
:
16%
8%
,
81%
op
21%
v
3
17
81%
251/2
;
3%
3%
103
103
81%
25%
22%
21%
V
V
22
21%
.
15%
15%
81%
gy«
21%
3%
.
'
443/4;,
15%
y
Highest
Credit-——10
Commercial
100
•v
;
44%
15%
;A
.
V,
1,000
:5,200
44% "
44%
: 1,300
/•:
■;
105%
*100
107
>100*
■;.*
;
300
.
41
40%
40%': 4i
25%
*105% 107
107
*105 %
107
3%
39%
25%
*•22 V*
a
39%
%
"
7.
17
15%
25%
'*9%
17
17
39%
15%
81%
25%
87
a A../ U
81%
'■
■••
'
22%
20%
,
%
:
*80%
25%
22%
20%
8%;
44%
44%
15%
U
■'
17
105%
44%
107%
9%
22%
*2%
105%
' 41%
*105%
•44%
*9v«
;
22%
-
39%
.•;,A,41'A
39%
41
'
9%
*105
16%
39%
15%
25%
25%
25%
16%
40
*85
Par
■
—No par
preferred series A
..100
5% preferred—
100
Columbian Carbon Co——No par
Columbia Pictures
—-_No par
$2.75 preferred—_—r__No par
80
V.
■
$ per
6%
2,700
73%
73%
87
17
41 ;:A
A
81%
81
*85
39%
n
%•
82
81%
A
•
V
Lowest
'.V
.
Range for Year 1943
■a.
Columbia Gas & Elec
23,300
.
'
74
16%
%
15
86
*72%
79%
:
■',
Shares
V
4%
*79
V
79%
78%
/
share
per
4%
4%
4%,,
16%
15%
44%
*72
87
87
45
44%
74
73%
41%107%
40%
'
115
>105%
4¥a
78%
74%,
86%
x78%
$
$ per share
share
4%
4%
80
80
17
40
,A
16%
'
4%
■
$ ver
share
$ per
$ per share
the Week
Jan.21
Jan. 20
Range for Previous
STOCKS
NEW YORK STOCK
EXCHANGE
Sales for
Friday
Thursday
Jan.19
Jan. 18
Jan. 17
Jan.15
t per share
SALE PRICES
Wednesday
AND HIGH
LOW
Monday, January 24, 1944
CHRONICLE
& FINANCIAL
THE COMMERCIAL
OCt
D
*6 3/4
,
•
6 3A
67A
*111
112%
<■
•
14 ¥4
14 ¥»
14 3/8
14%
40 ¥a
22%
23
39 %
40 ¥4
40
393/8
•y
17 ¥2
17 ¥2
22%
23
21%
22 ¥2
213/8
¥4
6%
'
73/a
7 ¥b
7%
18 3A
■
A;
18 3/8
18%
A
*47
52
*47
*32%
32%
*32 ¥4
33
' ;
*39
*173/4
21%
19
>
39%
A
■
.
*32 ¥4
73/4
18%.
.:
.;
33
33%
32%
32 ¥4
39 ¥4
13%
1,700
Diamond T Motor Car Co—
287/a
295/8
3,500
Distil
*>91
98
15%
*15 ¥2
16
443/4
443/4
44¥4
343/4
*34%
*44 ¥2
44%
443/4
343/4
35
253/s
25 ¥2
52%
;
-
126 ¥a
12G¥a
*107 VB
29
29
'
*113A
107¥s
51%
51%
125 ¥2
44%
34%
35
125%
¥a
■:
9
*11 ¥2
12 ¥4
122
*116 ¥2
140 3A
141
140%
1253/4
1253A
12%
122
....
120 ¥4
120
1253/4
1253/s
125%.
107%
107%:
108
8 ¥2
83/4
12%'
8 3/4
■'
9 ¥t
*11%
*116¥2
122
1393/4
*125
120
140%
:{
126
*125%
*1193/4
120
¥2
120%
9
*
"
.
140 %
135%
1203/4
■-
137
200
12
11%
12
36
353/4
35%
2,200
Eastern
7
*7¥s
7%
1,000
Eastern
7
*162
163
163
164 ¥2
164
182
180
180
*178
180
*178
180
178
423/4
423/4
,
73/8
423/s
423/4
423/4
*18
18%
.42%
18e/8
18 ¥«
18%
38
373/4
38 ¥4
10 ¥4
10 3/8
38
38 ¥1
373/4
10%
10%
10%
103/a
4¥a
4 Vb
4
4
4%
4 ¥4
4%
4
4
y 7%
*18
10 ¥2
10 3/s
105/a
103/a
*33/4
3%
*3%
4¥b
43/a
4 ¥4
86 ¥2
85 ¥2
85%
84%
82%
84
82 ¥4
83%
82
82
80
41
41
29 ¥2
295/s
58 ¥4
*573/4
101%
102
9%
93/a
41%
*29%
58 ¥4
58 ¥4
101%
101%
9
41 ¥2
41%
29 ¥a
29 ¥2.
¥4
9
¥4
90 ¥2
90
94 ¥2
95
3/4
3/4
footnotes see page 363.
,;
1,400
330
94 ¥a
%
1,300
■65,900
90 ¥a
%
; *
10
95
*94 ¥4
%
42
>
1,500
2,000
102
903/4
95
*%
82
*41 ¥.
t
102
101 ¥2
90 ¥2
91
95
*81
41%
7,000
101%
573/4
1013/4
89%
90 ¥4
85%
85
1,300
58
88 ¥2
95%
%
*
'
29 ¥2
88 ¥2
913/4
45/a
29%
9 ¥4
*90
3%
4 ¥4
58
573/4
9-5/a
9 ¥2
■
400
81%
90
500
90%
90 ¥2
450
95
13
89 3/4
90 ¥2
893/4
90
10%
3%
29%
9%
89%
10 ¥2
4%
2,400
4,300
•
595/8
101 ¥4
9 ¥4
300
18¥4 v.
383/4
29 ¥2
*57 ¥2
9%
88 ¥2
For
41
1,700
82
82
93/4
89
%
81 ¥,
30
573/4
'
20
43
4
86
86
¥2
*87Vi
*94 ¥4
573/4
85 ¥2
4P/4
1013/4 102
*18
38 3/8
S53/4
41%
18
38
87%
29 3/8
18
700
A
178
427/s
383/4
8 6 ¥4
¥2
42%
"385/8
4 ¥4
29
42%
163
38
43/a
41
42%
18 ¥4
423/4
43/8
'1
7¥a
•
95
96
%
13
60
u
1,000
cum
preferred™
Co
•
Autc^Llte (The) ^
Boat
A—
V
preferred
No par
$6 preferred——
_No par
Electric Storage Battery.—_No par
El Paso Natural Gas_„
...3
Endicott Johnson Corp—
^50
4% preferred—^
—
—100
Engineers
No
preferred—No
$6 preferred
——No
{Equitable Office Bldg
No
$5
$5 ¥2
35 % Jun
5
10 ¥2 Dec
Jan
4
13% Apr
Jun 24 J
115
134
Jan
5
,124.
Dec
1
7
115% Dec
1
par
par
par
par
122 ¥2 Oct
159 ¥4 July
11
4
28
29
1
17
8
29
15
Aug 11
1213/4 Sep
2
130
„
37
Oct
Jan
18
Apr
27¥4
Jan
Apr
39 ¥2 Aug
9%
22%
Dec
87
Nov
Jan
Dec
26
Dec
16 3/4
Dec
Apr
8
Apr
51
May
Oct
Apr
134%
Dec
13% Mar
16%
.95
3/4 Apr
8
Jan
112
Feb
120
102% May
120
Apr
144
Jan
127
Nov
111% Mar
118 ¥2
Deo
34
Deo
Jan
20
170
May
19
108
Apr
Jun
8
453/a July 15
Mar
2
184
170
Sep
20
2
30
10
20
1J
Sep
30% Jan
4
39 ¥a
July
14
Mar
8% Nov
.
1 % Jan
30
" 4
VA Jan
5
31V* Jan
20
••28¥a Jan 20
2
333/4 Jan
7
23 ¥4 Jan
49% Jan
5
101 ¥2 Dec
27
2% Jan
54
Jan
57% Jan
62 ¥2 Jan
¥4 Jan
-
53/8 May
6 3/4 May
Nov 19
88 ¥2 Nov 19
42% Sep 20
92
';
16% Apr
2 ¥4
Sep
9 ¥2 Sep
July
4¥a Nov
151%
Dec
180
Nov
May
Oct
Dec
15
Jan
20% Jan
30%
Dec
20
9% Dec
133,6 Jan
A Feb
% Jan
1% Nov
1%
Nov
17 ¥4
Apr
35 ¥4
Jan
15
Apr
323/4
Jan
29
Jan
34
30
¥4 Apr
393/4 Apr
19
1¥« Apr
26%
Feb
49%. Dec
3¥s
Jan
66
Jan
July
73
Jan
47% Apr
A Dec
83
Jan
Dec
27
11
1 ¥4 Mar
1
92% Sep
¥a Nov
Apr
40
46
96
Nov
36 ¥4
Sep 27
92
Jan
10 ¥a
,
9
58 ¥2 July 17
103 ¥2 Dec 23
X32
Dec
Oct
7
2
17
8
19
'1
703/4
28
8
Dec
29
16%
8¥a May
Jan 19
93/4
73/4 July
Feb
32 ¥4 May
445/b July
11% Feb
Jan
21
2
146%
Jan
Oct
13
113/s Dec
Oct
4%
Jan
;
3% Jan
9% Nov 30
11%
18%
apt
31V4 Jan
35
$7
Public Service
preferred—
1073/4 Dec
8
100
3
Elec & Mus Ind Am shares.,—j,.Electric Power & Light
—No par
Electric
May
153
31
—4
—^5
73 ¥2 May
Dec
Nov
16 ¥a Mar
Dec 22
25% Sep
13 ¥s
Jan: ;
70
July 12
34
Dec
30¥s Nov
6 3/4 Aug
Dec 31
45
27 ¥4
3 3 ¥4
15
355/8 Oct 26
Jan
9
■
14
May 10
,
,
2% May;
37
5 ¥4 Jan
X173
Edison Bros Stores Inc.——2
Electric
20 ■'
X106% Dec
16
7
Jan
110
>10 ¥4
.
9% Apr
30
July 12
33 ¥2 Mar
8
100
Nov
•25 ¥4 May
16¥4 July 15
Nov 30 •
44
Rolling
Eaton Manufacturing
.
.26
Airlines inc.-a—— 1
Mills
_5
Eastman Kodak CoNo par
6%
2
.122 ¥4 Nov
10
Eagle-Picher Lead Co
11%
35%
163
T83/a
10,900
113/4
164
,
60
35 ¥2
164
*180
: :
11 ¥4
7 ¥2
.
"
121
35 ¥2
164 ¥2
182
Corp——.———No par
8% preferred
—
-—100
Du P de Nemours (E I) & Co——20
-$4.50 preferred——„No par
Duquesne Light 5% 1st pfd—100
353/4
*7 ¥<
164 ¥s
No par
ChfmicaJ Co.N" var
$4 preferred series A——No par
Dresser Mfg Co——J—„No par
Dunhill
International
Dow
'
13
Jan
.•15% Jan
Dougia* Aircraft—.
5,000
>
18
22% Feb 20
Duplan
140
8
38% Feb.
<
fc Mar
A; 4% Apr
;
18% Apr
35 ¥2
17
20
10
102
Dec
Oct
12%
Aug
145/8
42 ¥s Nov
6
83% Jan
r
Co——_—-yi„_No par
:
122
75/8
164 Vb
1,900
,
¥4
1333/4
*1257/s
'*120
7%
*180
9
v
6
-
8% Jan
100
—
Jail
Jan
8
22% July 14
7
.173/4
Jan ::
15%
48 ¥2 Apr
1
21% Jan
2
-No par
;
11 5/8
11%
7%
80O
2,500
*116 ¥2
12¥4
122
36 ¥2
11%
'.
28%
12
36 ¥2
.
108
700
11 ¥2
ll¥a
353/4
11%
V
28 ¥4
28 %'
6,300
:;
51%
125
108
28%
283/4
1,000
7,600
,
26
..
,
103/4 Mav
12
Mar
37
.
-25
Class ;A-i-.J-i.—v-Ai—No par
Doehler Die Casting Co
No par
Dome Mines Ltd——
-•___No par
24%
51 ¥a
28%
1393/4
125
"120
35%
523/s-'; '
*ny2
140 ¥2
11%
51%
*116 ¥2
122
'1393/4
36 ¥4
51%
Ltd
par
17% Dec
2
Jan* 2
173/4 Jan
Dixie
343/4 /■
Jan,
8% Jan
16% Jan
160:
1
107 ¥2
A
12%
*11 ¥2
*116¥2
24%
1253/4
87/B
125
140 3%
24%
preferred—
2
20 ¥2 May
40
400
Cup
36 ¥a July
par
44%
44%
24%
24 ¥2
5%
800
;
Corp-Seagr's
5
.100
157/a
125
29 v;
29 '
*8%
9
126
*125,
121
:
9 8 ¥2
:
*34 ¥2
51 ¥2
;
107% 107%:
1073/8
29
*116%
*120
44 ¥4
34%
25
52 ¥2
29
9
8%
44%
;
24 ¥4
24%
¥2 1263/4
*125
1073A
98
*15 ¥2
44 ¥2
.
'
52%
..
'
aa'34%
35
255/a
■A 25
52 3A
28%
98 ¥2
*15 ¥2
;•
28%
*97
a; 1534
-
100
July
*
12
._20
•
.
•
AV 3¥4
—50
Edison—
& Raynolds
13%
153/4
"15 ¥2
1,000
;
.100
8
20
6
1
19
30
10
43
Jan
12
-10
& SWRR Co.
A—No
Diamond Match
—
No
6%
partic preferred-—
Devoe
29%
98%
:
973/4
,15%
Detroit
13%
29%
973/4
1534
—
—
29 ¥4-
.29,
993A
Deisei-Wemmer-Gllbert
{Delaware & Hudson.;
Delaware Lack & Western—
Jun
V
243/4 Sep
Jan
.
29
v
.
;
il: 4
Apr
2%
5
116
11
26
—20
——
13 ¥2
13%
*15 ¥2
293/a
720
■
:
20
Jan
10
par-
^—_No
Detroit Hillsdale
:
39 ¥4
7,400
y
32 ¥4
*97
29 ¥2
29%
29
*97
35
13%
13%
i3%
13%
13%
14
V
A
33
'
13%
73,700
A
50
39%
32 ¥4
*39
200
.
19
Preferred
300
44,500
7% X
75/8
183/4
*46
& Co———
<
22%
21%
50
32%
33
39 ¥2
..*39
.
4,500
■
y
18
*173/4
108 3/4 Jan
4
3
Jun
19
Records Inc—4——1
Deere
'A Mar
2
12
Dayton Pow &
34%
18
*46
32%.
38 3/4
34
22 ¥4
y i83/4
50
32
32%
7%
73/4
73/a
18%
*47
.
323/a
{ *39
175%
22 y8
:,/v
18%
52
32%
,
39%
*39
39 ¥2
m
32%
323/a
32%
32 ¥4.
32
;7.//
18%
34%
17%
383/4
34%
21 VB
'
39
383/4
Decca
7% Oct
19
9
Jan.
V
Chemical Corp (The)-.
-100
Lv 4Va% pfd—
Davison
v
Jan.
>'•17
-25
—-1
1,200
V;
Ay
22
21%
5
3% Jan
5
Corp.-.
preferred—-——
5,206
: 14% (
113 ¥2 A
*112
22
*34
*34
:
14%
14 ¥4
113%
Davega Stores
V/ 5%
*19 y
'
21%
393/4
17%
*47 v/
52
39
.
*112
22%
34%
18
'"*17 ¥2
*17%
18%
22 ¥4
40
;■
*34
35
*34
35
*34
:
213/4
213/4
22%
22 3A
■
14%
14%
112 ¥2
*111
112 ¥2
*111 ;
6¥a
•y*6%
*19
14%
14 ¥4
14
..
112 ¥2
*111
6%
*6%
*19
*19
*19
*19
»;
6%
;y *6%
63A
100.
*6%
%
Oct
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
:;i
Jan. 15
S per share
11
11%
10%
11%
49%
10%
11%
nv8
49%
49%
*76%
7%
7%
'■*,
/ft7%
*76%
10%
49%
82
11%
22%
7%
7 %
3%
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11
ii%
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11 %■
llVs
11%
22%
23
23
23
23
23
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3
3
3%
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.
...
3
3
,
,«
:.
35%
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36%
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36%
36
36%
23%
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23%
23
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23%
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12y4
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15
15
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20
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5
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:.
41
106 A
106 A
106 A
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>
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108 "
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is%
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491/2
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50
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55
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*12%
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50
*53%'
121/4 i
55%-'
17%
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17%'
21
21
21%
21 %<
ft
14
•14%
70
70
14
•>,
12%
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53%:
54%
16 ft.
•
161/8
22
13%
70
54%
■
1
*21 %
141/4
ft
*68
7%.
>49%
•
•.
13%
•ft
70 ft
*33,
33%
33
> V 33%
ftft 33%
»/a
32 Ye
32
32%'
32
32%
31%
109
109
*103
'
3% >
3%
3%
109
3%
3
3
3%
3
1091/2
3%'3
.
> 109
109%
-
14
33%
33
32
'
51%
•
12%
v*.
54%
•
16%
'
22
V
•
22.
v
*68.
32
14 %/v 14%
.14%
ft* *28
28 34
>28
434
'; 4%
•:
33/4
V
•
'ft-
3
1334
47/a
3 3/4 ft1.
3%
3>
3
13%
*51 >'
•' ft'
'
*51
*106%
110
.,*44%
*io%ft'10%ft
ft!
ft;
45
ft 53 ft/ft
*51
52%
>10% ,10%
3
-
'
:
*106%' 110 ft.
•,
15
*27./
?
13%'
ft
8'4
,?
v
*146
>:■
'
8
5%'
'45 ft
x8%ft
-
28%: -v"
4%
52 %
10%
13%
52%
.
*•
t
-
>:=> ft-
8
•
5%
X 8%
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14%
92%
94%
's
27%
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/*27%ft
':
*145
ft 147
.
>
>37% >37%
42%
A. 42%
115%
37 Va
115'%
>
41%
283/s
' 13%
>51
ft
300
3%
1,800
3V8
1
2,900
-
.■■■ft;:''
27%
53
.
■ft
121
*103 ft' 108
121
*116%
-
105%
130 >
105%
>
*129 :.'
129
129
•:•
27%
53
ft* 51
i'.-: /
10%
1063/4
45%
500
10
10%
106%
36%
ft-;'42
'
••
42
,
> ft
2,500
100
1
>
8 % > ft
•
27%.
36%
:■
'
8%
V
6,200
'
■
116%
*i04
2% :
2%
•/;•
116%
■
2%:
2% %
116%
116%
107
"i
53%
53%
ft 130
:
'
130 ~
127%
*126%
■
39%
127
*38%
r
♦38 ft-'
/ft
.
5%
20
Va
20
20%
*7%
,
5%!
5%
7%
107
40%
500
.
37%
30
V:
20,100
>
42%
,*115%
,
3,000
117
2%
70
ft
2%
10,600
120
30
110
ft.110
*126%
-
109%
1%
1%
21%
>
129
20
116v
2
9%
July 29
86
10
100
3
Steel
Corp
preferred.,—
conv
: 6%
.
prior
/,
preferred
-
5%
Trailer
conv
1%
>.
21 %
22%
23
115
1%
1%
*52%
1%
55
21%
'23%
*107
ft
*23
20
;
6
pfd
211/4
21%
lOO'A
1001/4
*99%
9
9
72
72
73
6%
11%
11%
*35%
8%
86
20%
8%
9
*85%
7
27
27% Mar
4
9% Apr
ft 12%
Jan
16% Jan
21
1
14% Sep
18%
Nov
13% July
5% Jan
16
30
50
17
Dec
May
Jan
2
1
96% Jan
12
No par
ft Gar
Co
Wood
(The)
A o
2
6
19% Jan
11
par
3
20%
46%*
*46%
19%
46%
46%
1%
1%
IV2
1%
.15%
15%
861/2
87
5
Jun
10%
Oct
45
27
Apr
38%
:•
42%
18
Jan
Apr
97
Nov
4% Jun 10
1%
Jan
4'/a May 17
1% Jun
107
4
51
4
Mar
1
151
Aug 23
20% Jan
5
130% Jan
2
....No por
30 3/4 Jan
113 % Jan
No
No
—
Equip Corp
preferred
8
93!
July 28
83% Jan 14
32% May
148
„
Nov
39% July
5
4
3
22%
*19%
21
100
100
9 'ft.
Apr
Apr
Dec
30
120% Dec 28
107% Sep
:•
20%
:'.
22%
112
-21
:i 1,500
*99 %
IOOV4
100
100
110
8%
'ft'
74
11%
ft 11
86
86
86
19%
20%
20
20%
46%
46%
46%
46%
1%
1%
1%
1%
9
83/4
3
88%
42%
3
ft
2%
*88%
89%
Oct
Feb
7
56
July 13
30
Jan
44%
Dec
19
7
v
2
131'A May
39
Nov
6
18
6% July 23 4
24% May 29
13% Jan
25
4% Jan
.2
103% Jan
5
112
2
2VBMay 10
25% May 20 ft
115
Aug
4
•
•42%
41%
5,400
:
•86'
74
1,200
11%
11%
20
46%
600
1%
1%
20
46%
.
ft
1%
4,800
4 Va %
8 'A Jun
Nov
8
13
15% Jan
5
ft Gobel
*100
100%
*100
3Q
■39%
3
2%
ft
*106 Va
.106'%
106%
9%
9%
9%
9%
39%
9%
|
*101%
*101%
104
1%
1%
1%
104
3.
ft
3
2,200
89'%
*89
90
150
42 Va-
-41%
42
101%
5,600
1,200
38%
4,900
3%
4%
4
16%
16%
*16
10%
' 10%
4%
■ft:
38%
38%
38%
*106%
107%
*106%
107%
*9%
9%
9%
'
.
104
1%
1%
101%
38%
107
*101%
*16%
16%
*10%'
101%
>10%
9%,/:
'
10%
4: ft
•
3%
'
17%
•
17%
10 Vv
101
38%
*107
100%
1%
10%
,300
9%
33%.
33%
*23%
14%
14% .'15
-
28%
28%
148
*61
70
*47
■
*146
d
341/4' '34%
2
151/8 Dec
91
16 V4 Jan
4
"15%
Jan
4
108
Jan
4
143/4 Jan
14
43/4 Jan
~~2
60% Jan
28
26
26
'
47%
22
21%
*11%
12
*11%
.
12
.
'
131
129
101%
26
47%
48
21%.'
11%
11%
4'/a
ft
4Va
130
21%
17
Va„
4
8,600
8,500
.
-1,000
17%
10 Va
11%'
12
11%
11%
:4%ft
7%
36%
36%
36% ft 36%
35%
45
45%
44%
44%
45 Va
.
7%
153/a
*125
447/a
44%
28
10
74
13% Mar
11
101%
May
Sep
7%
Jan
3
Jan
x40% Mar
Feb
Jan
20
Jan
163/4
110
_5%
Nov
12%
Sep
16
41
Jan
5
48
37%
Jan
44
A Jan
2
1% May
61
Apr
5%
Jan
50
May
65%
Jan
% Jun
6
i
26 Va
26
*146
*61
70
47
48
21%.
21%.
12 ft
11%
12%
11%
11%:
-
4
7%
'
7%
44%
36 '/a
It
1% Jan
8
73'% Sep
247/$ Jan
13
97% Aug 25
73
Nov
82
Feb
12
45% Sep
20
13
Jan
27
Dec
Jan
14
Oct
25
56
Jan
83%
Dec
par
par
par
par
83
25% Jan
Co___
44%
1,300
ft Great Northern Ry 6%
Preferred
*12
ft
12 %
,113/4
4
11%
1,100
ft
126
7%.
:2,ioo
126'
5%%
44%
7%
73/4
10,500
36%
3,000
44 3/a
443/4
.
2,500
<5
Gulf
6
Mar
9
13% May 29
6
Apr
3
37
Sep
22
Ve May
32
July
23
July
25
6 3/4 Apr
22
26
pfd—No par
7
18
Apr
1
32% May 10
23'/4 Nov
19
24
273/8 Jan
2
11
Jan
A Sep
Oct
22%
Apr
Dec
10
130
Apr
65
Jan
27
50
July
Sep 27
25
No par
14V8Jan
4
—10
11
8
10%
10
Jan
Apr
14%
Dec
Jan
4
13% July 16
9
171/4 May
4
9 j/b May
Jun
11
81% Jan
3% Jan
19
1603/4 Jun
12
1% May
48% Jan
12
lO'/a May
5
va*
253/8 Jan
2
44% Dec
10Q
—No
preferred
Corp
,
2
29
5
41% May 12
2Va
18
Jan
63% Nov
Apr
Mar
10% Nov
2% Jan
—
No par
28% Jan
143
331/2
25
preferred——
Feb
Feb
154
50
Dec
Nov
183/4
2
2IV4 Dec
5% Jan
8 3/4
8% Nov
25%
10
19
l»/8 Nov
Dec
13%
Jan
138
Dec
19% Jun
57% Sep
31V4 Jan
preferred—.
Oil
Sep
17
7
July 13
4
5
15
/Gulf Mobile & Ohio RR——No par
*
17
Jan
x58
2% May 10
14
Guantanamo Sugar—
8 %
220
363/s
ft
36'A
•
2
Dec
Grumman Aircraft Corp
2,000
A
27
29V2 Feb
■
-
Dec
1013/4 Dec
13% Dec
Greyhound Corp (The)..
12,400
813/4
11
73/e Jan
& West RR——100
(H L) Co Inc
...
—1
Green
1,000
21 %
NOV
33/4 Dec
Green Bay
47'/>
Dec
4%
Jan
21% Jan
No par
————100
90 %
29
par
—
27
Jan
1% Jan
9% Apr
H Jan
Great Western Sugar...
,
40
10% Jan
41% July 17
108% July 14
8
Jan
60 Va
8
9
11
80
preferred., -ft—————20
5%
278
4Vi Jan
-No par
ft—:—.—10
Steel—
102
6
90% Jan
-100
—
Great Nor Iron Ore Prop—-No
70
ft 21%
126
■
26
147%
ft
>46
.'/- 4ft.
126
•
'ft-'
12%
ft"
1% July
Oct
Feb
Jan
Co——100
Graham-Paige Motors.;
—-1
ft Granby Consol M S & P—
5
Grand Union Co
—No par
(W T)
3% May
Nov
4
Co——>——1
ft
Preferred
Feb
Dec
223/s July 16
—--1
Dec
15%
2
22
Oct
Jan
10
143/4 Jan
Jun
Jun
79%
4
Gotham Hosiery———tNo par
•3,200
18,200
147%
36
35%
Jun
19%
Jan
(
Grant
28% >28%
"26
*61
138%
7%
ft
28%
*146
4
4
7%
36%-
27%
21%.
:
11%
May
55 %
%
313/8 Nov
59
-No
>5% preferred
—No
Goodyear Tire & Rubb—...No
■1 ft'
$5 conv preferred—..—No
Granite City
24%
15%
15%
47%
*11%
4 Va
126%. 128.':/
7%
*231/2
24V2.'
15
70
47
8 %
9
Jan
Jan
14% NOV
107%
May 20
14% Sep 17
85% Oct
4
(B F)
Co
1,900
343/a
v
26
,A 21%
Mar
22
233/8 May 29
Dec 11
%
2
preferred
tQoebel Brewing
1,400
lO'/a
34%
146% ft
26
'
■
7%
7%
;
70
23
Apr
24% Jun 10
9%~May
Apr
5%
% Mar
14%
113
253/a Jun
10% Apr
101
14% Nov
109Va May
Jan
(Adolf)—
'Goodrich
90
1%
3% ft,
17%'
10%
34%
*23%
-
28%
*61
,
11%
126
27%
28%
146%
47%
22
34Va
.
24%
15": ft 15
*61
11%
"
4»4
4%
*23%
-15 'A
:
4
21%
34%
147%; 147%"
70
48
24%
*23%
ft 15
148
*61
34
4
July
Sep
Jan
3'% Jan
5
'
1
■
28'%
28 %
25%.
25%
*25%
*146
24%
*23%
24
*14%
34%
4
2
3%
July
30
No par
"
33%
233/8 Mar
Jan
10% Mar
09% Aug
A Jan
128
No par
—..50
sGold & Stock Telegraph
1,600
.
1%
3%
•
'
107%
9%,
ft
104
1%
1%
3%
16%
101/4
ft
101%
*101%
.102
1%
4ft ft
3%:
16%
9%
102
1%
"
42 V4 "
101%
17
Jan
Apr
13% Aug
1% May
4
Sep
60
■'
•
89V2
42
-
89%
101%
38%
101
38%
106%
'39%
*106
ft
100 Va
100'/a
59
ft /: 9%
•
•
1% Jun
122
—No par
(The)
conv
2
9
28
Corp——20
$6 preferred.
Glidden Co
3,800
Mar
No par
Glmbel Brothers...
200
Jan
123/8 Jan
X104
/ Gillette Safety Razor——No par
$5 conv preferred—.—.No par
1,800
*85% '87
/"/"/ft A
31% Jan
No par
Jan
87
'
3
*88Va
41%
9
74
:
Va
Telephone
102
131 Va
4
preferred
Jan
116% July
1% Jan
Apr
% Jan
———100
•/General Tire & Rubber Co——5
•ftft 4%% preferred
100
6%
30 3/4 Oct
40 Va
Apr
No par
Gen Time Instru Corp—
;
Mar
ft
Nov
122
125% Nov
par
1
61
64%
Nov
132
44% Jan
Steej Cast $6 preferred—No par
ft General
800
21
*73%
1% ;'
1,800
20%
112
21%
9
'
ft
22%
201/4
*107
11%
ftGen
820
111%; Apr
% May
Feb
21'/a
Apr
21 Va
Oct
Jan
901/4
Apr
*23%
Dec
33/a
93/b
21
July 23
par
100
1
Sep
6% Sep
66% Nov
1
Dec
4%
2
44% July 15
119 % Sep 23
3
140
2% July
16%
Feb
5% Nov
137
2% Jan
ft General Shoe Corp.—
300
21%
ft1'.
—„No
preferred—
Realty & Utilities
$6 pref opt div series
Jan
Apr
120
Jan
46%
30
17Va Jan
10c
Railway Signal
1,900
74
46%
Gen
15%
8%
20%
Gen
6%
1%
15%
11%
s86
3,400
17.300
21%
115
88
23
2OV2
*107
"21
Gen Public Service—;
87%
22%
20%
112
1,700
1%
106
104
128% Nov
par
No par
——1
No par
General Printing Ink
22
l3/s Aug
<
-No par
Adv A—
2
13
9% Jun
33/a
Dec
7% Nov
Sep
3
Feb
53
Mar
9% Jun
Oct
10%
3% Apr
98
35
98 %. May 19
Jan
3%
Feb
2
5
34
51
Aug 31
713/4 Jan
100
«
2% July
8% Apr
Jun
8% May 19
...
$6
29
par
Gen
Gen Precision
Jan
143/4 Apr 26
53% Apr
2
11% Dec 20
Jan
//'
par
100
ft,
21
1
18% May 20
.ft
Outdoor
May
53/4 Jan
preferred
Common—
16
Jan
134
preferred series A.No par
conv
Jon
30% July 13
ft 6% Jun
100
General Mills
5%
11
No par
General Electric Co.
;
Sep
37
> General Foods Cor^
...No par
$4.50 preferred-^—.No par
ft Gen Gas & Electric Aft—«:
No par
ft
4
Sep
Jan
8
4
ft General Cigar Inc
ft: 7 % preferred
i'.-.ft $6
15
2%
23/8
1
2
•j.
;
Jun
14% Oct
12
General Refractories
73%
46%
3
88%
41%'
89%
Jan
15% Apr
Aug 23
7% Jan
—
2,000
'
2%
2%_.-2%
42%
Feb
May
85%
110
2% Jan
preferred
15%
'
*88%
Jan
Dec
38
4% Jan
General Cable Corp...—No
Class A.
No
21%
11%
*20
20%
■
11%
42
75
Sep 28
38% July 10
31% Jun 10
102
1
Amer
cum
11
63/a Jan
-No par
$6 preferred
7%
12
51
—...
No par
Transportation
—5
ft General Baking—...
—;
5
ft ft $8
preferred...
—No par
Generai Bronze Corp
—5
:
Gen
.
Jan
93/4 Jan
;
U.
..—100
General Motors Corp——.10
$5 preferred..
..—No par
30
■
s
—5
50
Gen Amer Investors.
:
11
1% Jan
9Va Jan
Industries Inc——1
ft Gaylord Container Corp
5 % % conv preferred
ft
2Vb Jan
1
20
21%
73%
:
*85%
36?8 Mar
15% Dec 21
Feb
29% Dec
100
57
11%
86
Jan
19% May
Co
56
.
73%
■
Feb
5%
28
54
100
preferred
Gamewell
:
1,300
109%
1%
21%
*107
21%
73
11%
*11%
21%
22%
20
21%
*991/2 100%
lOO'A
*111%
1%
21%
-23'/4
112
ft
21%
21%
22%
21%
Dec
21%
3% Jan
preferred
(The) cl A
V Galr Co Inc (Robert)
5,600
7%
'
.-*1%
'21%
,
55
15%
19%
.
115
1%
55
87
*107
27%
101/4 Jan
10
j Gabriel Co
8,300
■■■.
20%
*7%
•
-••1%,
55
87%
19%
112
211/4
-
22%
1%
*111%
1%
*52%
1
15%
23%
.
19%
*107
Mar
/Apr
39% Feb
500
41
ft
*107
109%
>
21%
21%
115
1%
*151/4
15%
23%
21%
55
22
88
112
ft
ft
1%
*111%
87%
15%
87%
19%
*19%
*107
1%
:>■
l'/4
*53'A
15%
ft
1V4
22%
ft".
115
*111%
55
88
*15%
-21%
•
ft'
1%
*52%
22%
22%
1%
*111'/a
-22%
115
♦111%
87
1%
Jan
15
23
Dec
96 %
Aug
8% Sep
No par
F'k'ri Simon & Co Inc 7%
ft
Feb
16%
May
25
Corp
Francisco Sugar Co
/'■
Jan
1
Machinery Corp
Foster-Wheeler
Dec
Dec
39%
10
10
Food Fair Stores Inc.
Food
53
Dec
Nov
18
9% July 15
30% Jan
'
1%
105
May
5%
16,400
127 >/2
6
7 %•'••
71/4.
•
109%
*39
6%
20%
20%
,
7%
:
53%
*126%
,
39%
6 Va
20%
7%
*107
53%
•
127 " ft/
39%
6%
20%
7V4
'
127
•
.
39%
5%
20%
7%
4107
>53% ft,. 53%
1271/2-
*39
6
19%
.'
22% Jun
3% Jan
500
129
-ft
130'.
*129-
•
.
108
>
•
•
*
120
•ft;108
53%
•
40%
5%
109%
52%
-
127
*38%
'
5%
7%
*107
53%
127
127
20%
7%
-ft 107
53 Va
53%
Apr
16
11
'
53%
29%
39% Jun
10
910
■
28
■'
41%
2%
*116
107
'*129
-
107
ft
*129
Apr
Jun
5,400
3,100
5 3/8 '■
147
•
37
37%
30
92.
V
147
.,
2,900
V
14
:
'■*27%'
41%: 42
*1151/2 117 ft.
ft
8%
13%
.-91
•'
147-
.1,600
8
5%
ft-'
ftft.'ft
27 3/4 i •
•
•
'-
-
53/8
J-ft
150-
*147
X89%ft:91ft.ft;.;
147
116
ft-:. •>.: 7%
8%
147 >
13% '14
37%
ft
116'
•
..ft,:
53/8
-ft
147
*145
;
■
117ft
-2%
-
•
87%
Jun
7,200
-ft:
ft.' ft 45 V*
10%
8 3/8:
•
"
91%::..
27%: —
27%
'•4
37%
ft
112% July' 12
28
170
;
133/4
108 >••
147' 'i
.5%
90 %
-
41%
f
2%:
2%
26%
36
1,700
5%
*13%
•
?
'
27% ft'.
5
;
ft
15
" .45V4'-v
-
8
>
•:
■14
13%
147
36%
*116
115%: 115%
2%
Jan
7
Follansbee
Dec
43%
13%
19% Jan
Fruehauf
3%
..';•
4%
*13%
'
.
8V4
5%
•ft;
91'
'41%:
:
5
14%
7% Apr
29% Apr
July. 15
25% Jan
i
'
2%
*117
'ft
8%
-
5%-
*145
42%
'
8% ft
-'ft 27%
28 V " .ft
'3734
-
31% Jan
2
Feb
Jan
Jan
43
par
1,700
14%
4%
8 Vb
147
147
14% >
89%
91 %
90
•' ft"
13%
*145 ft 147
27%
■
*
8%
5%
14%
14
,
ft
5 % ft"
'
14
•
1
iyJ/8 Jun
4%
181/a
87
50% Jun 28
No par
19
ft 1,
*28
:
-
.45-'-: ft- > 45
44%
ft.
-ft 8% /ft ftftft 8
-ft
8%
*146 -ft 147
'
104»/4 Dec
par
Freeport Sulphur Co
.'.ft-'3 ft-
15
10%
*10%
10% ft.ft.
>107%' 108 : ft *106%
10%
45
*44%
8%
8
14
No
Shoe class A
10
3%
*14%
.,
52%
•;•
.'
.
4%
*13%
t:
*106%- 110 ft
/.
*146 A 147 ft
147
8
ft;.
8% '
"ft
44 %
-1
27
Jan
Jun
11% Apr
74 % Nov
ft Florence Stove Co
ft:
'
ft: ft ft
12% Jan
25% Jan
42
Dec
3
6 % Apr
6
25% July 14
98% Nov 22
13%
ft Florsheim
1,900
3%
3%>
>
"ft:
*14%
4%
•
13% >13%
13%
•14%
28 ft
28 ft
:/Y
5
-
2
8
Jan
Apr
'
.'
ft'.
>■> 14%
->23
4%
Jan
Jan
24%
8
24
93
Dec
*109
3,600
'
14%
4
.
~8% Jail
Sep
19%
7
680
ft
3% Jan
Jan
69%
5
11
33
109%
Feb
29% Apr
18 y8 Dec
15% Jan
70
109%
Jun
19% July 13
105% July 27
97% Jan
700
14%
.
6
2
par
1,200
;
29% Jan
par
600
"•
37%
15
.—100
preferred
Oct
Jun
No
$4.50
Dec
IV* Nov
19
78% Jan
1
(The)
;•
1
par
_10
No
4% Sep
7Vs
28%
27% Apr
11% Nov
No
380
-
1
20
Mar 26
29
67/a Jan
$2.50
A
1% Jan
4%
Apr
May
11. Jan
100
Stores
19
j
110
109%
Flintkote Co
ft
6,400
••
National
series
32%
33%
ft
r
141/4
14%
70
32
109
•
8%
preferred
.First
600
.ft
54»/2
ft 16%
16%
22
:
27% ft
-.12'/8.'
12%
*68
70
33%
36
..
50
-55%
■
120
6%
;
Dec'
May 27
Nov
87/a Nov 29
,__No par
*
70
Dec
42
18
No
70
28
13
preferred
Oct
Jan
5
3% July
Oct
10
8
■
io y8
44
30% Nov 30
5
Enamel Corp
Fidel Phen Fire Ins N Y
2,900
7%
•
>49%
21%
13%
'
*68
;y 33%
*26
7%
>
t;
>
19
Jun
21
__2
Dept Stores
4%
Highest
$ per share
3% Jan
32y4 Jun
29 % Mar 30
% Jan
No par
Firestone Tire & Rubber
.
'800
105
•36.;'
27%.
16%.
y.
21%
21%
•
14
'
*68
16
16
>•
201/4 -/20%
36%
*27 '/a
7%
i
*35%
27%
.-
•
27%
ft,"
:
9% Jun
14% Jun
7
1,600
t,
2
2.50
Ferro
1,300
4,500
■•
36%
105
105
*26%
36
:•
36%
20'%
-
*102
105
1,100
y
4
4
4
17
conv
16% May
16% May
t per share
52% May 19
78
Nov 24
8
Jan
41/4%
S per share
Nov
18% Dec
Federated
Lowest
5% Jan
20
86
90
•461/2 ft
3% Jan
.3
.
Federal Motor Truck.
v
500
•40%
'
106.V 106%
361%
*20
201/4
105 ft
••
ft 36
49%
*35%
17
*54
32
-40
45'%
5
.—5
Corp
Federal-Mogul Corp
1,900
/
181/a
:45'/2
40%
,
36%
20
•ft
181/a
451/2
106ft
*36
18%
18
•
•
18
—_
600
95% >
95
r
ft. 40%
45%
40%
106 ft
•<
■95
1061%
45'/4
40 J/4
•
...
20%
/ 108" "■ :
27%
18%
;■
ft
36%
36
'*26%:
•
714
•
49
ft
:
v
24
*231%
■>23%'
*94,
;
-
♦26
ft
18% ft
46
*23
94%
5%
68% Jan
«
,
1,100
•
9
12
Federal Min & Smelt Co
170
ft
Jan
39% Jan
Fajardo Sug Co of Pr Rico.*;
20
Farnsworth Televis'n & Rad Corp_l
Federal Light & Traction
15
s
$6 preferred
No par
500
-
V'
8
9
—50
Fairbanks Morse & Co__
v
3,900
80,000
20% >:
5%
-5%
5
ft,
23%
•
94%
ft.
'
40% ft
1061/4 >'•
106 A
*23
•y.
94%
•
40%
36%
*105
108
<
106
23%
v
-45%::
41
40%.
•:••>
5%
*45%
181/4
46%
40%
'
5
5 >/8
•
23 l/4
95
*46
'
•
*94%
23%
*94%
18 >
ft
3,700
8% Jan
100
Exchange Buffet Corp
'
5%
•
ft
20
20%
20%
J
1,
23%
par
Eureka Vacuum Cleaner
Evans Products Co
200
15%
-
No
int
RR Co_„
Ex-Cell-0
;
100
20
benef
Year 1912
Highest
I per share
par
5% pref series A—
1,300
13%
15%
20%'
—No
common—
Erie & Pitts
1,400
37%
V
100
100%
20'%
20 ft
5%
''19% 4
23%
15
-
100%
100%
100% ft
100%
/
20 y2
20%
*14%
14% ■14%
■
37%
131/2
>
par
2,400
-
3
24%
13%
.
**2%
37%
36%
23%
.
3t
;
35
*100%
7%
7%
11%
Range for Year 1943
Lowest
,
Ctfs of
1,800
'■
22% '
7%
•
11%
22%
'
-
Erie RR
40,400
82
11%
4
11%
23 %
''
,r
11
50'/a%
Range for Previous
STOCK
EXCHANGE
;
6,000 ;
10%
22%
7%
11%
23
*2%
11%
*76%
82
".ft
,
Shares
49%
10%
49%
*76%
82
"76%
11%
STOCKS
.
NEW YORK
the Week
$ per share
11%
49%
11
49%
.
11 %
•
.
Sales for
Jan. 21
$ per share'"■
11%
10%
49% • 49%
v;
82
11 -ft
'
Friday
Jan. 20
$ per share
11%
10%
49%
82
7%
10%
11%
'
ft"
Jan. 19
$ per share
1
Thursday
Wednesday
Jan,18
$ per share
ll'A
*76%
•
Tuesday
',
Jan,17
■
PRICES
LOW AND HIGH SALE
Monday
Saturday
11% Aug
14% Jan
3%
86
Jan"
Sep
Jun
4%
Oct
Jun
3334
Oct
50% July 26
H
*27%
29
*35
*35
36
16%-
*13%
29
36
16'/a
"106
.'
*27%
*16%
16%
14
106%
For
footnotes
14
'106
see
14
106%
*27%
29
*27%
29
*35
36'
*35
36
35
163/s'
16 Va
16%
16%
-
*16%
*13
14%
*13
14%
'106
106%
*106
106 V5e
*27%
*13
1061/2
29
*27%
35
351/4
16'/a
16
14%
107
*13
!
106%
Hackensack
29
35'/4
180
:
Hall
200
14Va
Hamilton Watch Co
30
6%
25
Printing
35
10
Co
.-No
par
100
preferred
page 363.
223/4 Feb
25
...
preferred class A—
900
16
107%
1%
Water
m
11
28% Sep
3
Apr
13
1
38
12ViJan
5
9% Jan
18
18% July 23
15% Jun
4
104% Mar 13
110% July 28
Jun
19% May
25
29
Apr
35
Dec
8% Mar
13
Aug
8
Jun
95
Mar
Feb
11% Nov
10B3/4
Feb
V ■
,
SALE PRICES
AND HIGH
LOW
Saturday
Monday
Tuesday
Jan. U
Jan. 19
Jan. 15
Jan. 17
6%
6%
6%
*7 Va
105
*104
105*
*104
105
800
50
7
7
2%
2%
2%
104%
104%
,70%
*67
"
2%
2%
*163
*163
25
24%
80%
80
80
129%
*128
24
*114%
115
115
*20%
21%
*20%
21%
*39
40
*39"
39%
v
13%
14 Va
14%
14%
14%.//
14%
44%
44%
43
15%
15%
15 %
*109%
64%
59%
1%
/
'7 Va
8
32%
1%
1%
*1%
7%:
6%
6%
7%
25 Va
25%
25 Va
9
8%
1%
1%
1%
,
15 Va
:///. 7%
r
,*i%
1%
*6%
7'A
7%
7 Va '•''
25%
25 Va
:/'■
8%
8%
1% -/
1%
.
Howe Sound Co—;
1%
/ '/•
•
1%
800
Hudson
7V4
300
5%
,/A 25
25
5,700
.
Hud Bay
Hudson
8%
A - A 8%
9 //.'
i%
1%..:
•/z-/l%'
lV'a
26%
26%
1,700
14 Va
66,900
35'A
13,800
"
.
3,300
■
—No par
Motor Car—
Hupp,Motor Car
.
%
4%
/ 22 %
4%
100
preferred——100
Min & Sm.Ltd
No par
Manhattan
&
non-cum
5,800
'
t
8%
.
Oil of Texas v
600
Va,
7V4
.
25%
25
32
32 Va
Houston
5,200
7%
7%
/
7%
B
Houston Light & Power
1,900
,
115
31
Jan 5
36% Jan 12
No par
9% Jan 5
No par
44
Jan 2
——i——100 / 105
Mar 10
Co .—.No par
59% Aug 31
t c
25
3% Jan 2
5
30% Jan 4
preferred——
5%
60
65 'A
65 %
..
32%
32 %
1%
*6%
1%
65%
7%
59
109%
*109
109
Class
Apr
104
12%
6
Apr
Apr
14
29
11
28
80
Dec
May
8% Nov
Jun
l7/e
Jan
Apr
94 Va
Deo
May
58%
%
45
141%
51
Nov
75%
Feb
Dec
Oct
134
;
12% Mar
•
48%
Dec
102%
30% Mar /•
May 10
July 13
July 2
July 12
Feb
14%
Apr
125
Oct
158
Apr
10% Apr
Jan
*
79
Mar
11
15
Dec
17
Nov
7%
Jan
Nov
29%
Mar
14%
Dec
Jan
6
12%
Dec
18% Jan
\
Feb
115
Dec
110
38%
i
Feb
21%
Oct
27
Jan
39%
Oct
8%
Jan
11%
Nov
30%
Apr
44 %
Dec
96
106
May
Oct
34%
Feb
1% Aug
5Ve Aug
% Jan
2% Jun
18
10% Jun
17
2
Sep
~4%
2% Apr
29% May
Jan
23%
16%
Apr
i
3%
29% Mar 30
Jan
?!'• 5% Nov
11% July 12
2% May 10
2
Jan
88
Jan
79%
July 22
17
Jan
4%
5 % May
23
2
23
28
2
26
T
16%
3% Mar
/
Jan
146
X126
57% July 30
114 July 12
68% Nov 1
9% July 13
41% Apr 5
Jan '; 7
Jan 8
Jan , 7
Jan 2
Corp—-—m^.1 •. -ft Jan
98
13
17 Apr 8
117 Aug 14
42% Sep 20
45
July 2
8
Jun 22
.12% Sep
nighest
I per share
I per share
July 14
Aug 16:
21%
25%
40%
17%
•
No par
Household Finance,
100
July
Apr
Aug
Dec
Jun
Aug
71
118
14% Jan 6
16% Jan 18
28% Jan 21
7
Jan 6
—10 /
1
—10
—5
No par
;
.»
100
——12.50 /
preferred—-—
7%
Houdaille-Hershey cl A
5,700
/
(Del)
Homestake Mining
300
15%
—
Holly Sugar Corp—
1,300
43
*57%
59
*57%
109
32% '
*1%
i%
9 •
1%
15%
■65
7%
9
Hollander & Sons (A)
13,300
43 'A
*42%
66 -J -:
*32 Va
8%
8%
42%
15%
59.
.
25%'/'
*6%
25%'Z ',// 25
.42%
109
1
-v
Holland Furnace
*116
43'A
'..15%
109
7%
/
Hires Co
700
•
-/'V'H
14%
43%
43
(C E) The
600
200
L
•',
14
14 Va
Hlnde & Dauch Paper Co
___
.
39
A
H3%
Z
Z
*116
;
42% :f
X66
32%
•
*32 Va
;/>
•iV,>
*57%
109'% €09%
65%
65
32%
32%
*1%
*57%
65%
7%
32%
15%
109%.
65'A
8
7%
15%
58
109%
64%
15%
z
14 Va
14%
43%
"42%
.16
58
59
*58
*109%
•'
4
43 Va
14
/
:
..
21
■
43 V8
43%
*42%
43
43
*42%
..*116
43%
44%
43%
14%
39
*13%.
300
20%
20%
Z
100
Year i on
Lowest
3% May 10
110%
71
172
29%
87
136 %
__
40
119
*19
V-
*38
*38
/
'
21%
21^
//
14-
14%
*116
*115
*115
38
*13%
14%; V
*14%
20%
38
v/
13%
13%
14%,x
14
39
39
v
.
21
400
■
■
66 '■/:'
116
117
*19
/
20%
21% /;
*20%
•
66
*115
21
*19
•
66 %
4,300
80 //
130%
*128
*63%.
*115/117
21
21%
*20
21%
*20
66 %
130%
2
2
Co,
Glass
Helme
30
24%
'
*79%
80
*79%
*128
l%Jan
135
,25
93% Jan 20*
(G W)__
.-I
—'25 %/56% Jan 6
7% non-cum preferred
—100
152
Jan 5
Hercules Motors
i
—No par/ /- 12% Jan *8
Hercules Powder
__No par
.
- 73
Jan 5
6% cum preferred
_100
128
Dec 23
Hershey Chocolate
,
No par /
49
Jan 9
$4 conv preferred—z_No par //100/; Jan
5
Hazel-Atlas
30a
•
.
163
/
24
24%
23%
.
*64
117
*19
24
81
.1301/2
105
Mfg Corp_
Hayes
2,000
>.;■// 360
,69
163
*163
*79%
66%,
•115
117
'
*128
,
123
•631/2
66%
/ 68 %•/:
*67
23'/2
80
128
129
*63 %
66 Va
*63%
"-•r
24 J/4
79%
25
*79%
104
•163
•163
__
*24%
*128
68
68 %
68
68
*66 %
67%
*66
104
104
104
1C4
104
•103
104
103
2%
*2%
21/3
21/3
2%
2%
•
*2%
Feb
4% Jan
86
Jan
6
Dec
13% Jan
—100
—1
100
.
1
preferred
Hat Corp of Amer class A
6%% preferred
Hayes Industries Inc
107% Sep
18% July
144% May
7% May
109% Oct
; 10 % May
6
6
3
."5
2
14
99% Jan
No par
6%
800
7
'/■
7
7%
•7
10
107%
*105
107%
*105
v.
6%
6%
•
2,000
142
6%
*140%
142
$
par"
No
Hanna <M A) Co $5 pfd
Harbison-Walk Refrac
140
,
16 VA
16
16
*6
106%
106%
107
16
6V4
105
7 VA
7 VA*
*140%
61/4
,
105
105
.
7%
7%
7%
*106%
141
•
..141
6%
6 %
6%
16
141
•140
141
*140
141
*140
16%
Range for Previous
Range for Year 1943
Lowest
Highest
per share
$ per share
.
Par
Shares
share
$ per
share
per
107
16%
•106 %
106%
16%
16%
16%
16%
S per share
share
per
106'/a
106
106
106
16%
$
$ per share
S per share
*105%
$
1
'
'•
■
.-
STOCK
YORK
EXCHANGE
the Week
Jan. 21
Jan,20
STOCKS
•
NEW
for
Sales
Frfdav
Thursday
Wednesday
Monday, January 24, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
358
:
Dec
1%
A Jan
.
Apr
I
-
13 %
13% / 14%
13%
14
13%
14
32
31%
36%
34%
35%
34%
34%
49'A
49 Va
49%
50
12%
13
16%
16%
28%
29%
48'A
48%
48 %
48
48%
49 % /,
10%
10%
10%
11%
11%
13
16%
16%
16 %
16%
16%
16'%
40%
40%/
40
40 %
'
%
96
76
76
76
10%
75%
10%
10%
10%
*7%
7%
7%
10%
*714
z
7%
.
33%
33%
111'A
7%
7%
7 Va
163
*162
72 Va
72%
72%
171
170
172
,
*170
'
•
16 Va
16%
67
68
4%
14%
8%
14'/a
69 V4
8%
,
8 Ve
73 %
73 Va
*73
•
40
40
36
*60
..
:
117
12
11%
11%
11%
11%
17
17
17
14 VA
14'A
32
*90
91%
*128
1291/4
*80 Vt
59
107%:.
*106%
89%
90
*80'A
22
59
14%
31V4
*106Va
128 %%
100
:
*128
21 Va
58'A
69
69
69
69
69
10%
10%
*17%
69
69
69%
69%
11 VA
10%
11 Ve
*10%
11%
10%
*18
18%
18 Va
18%
18'/a
18 VA
X17%
68%
11'A
./. *17%
18%
Nov
/
Preferred
___
8
3% Jan
5
Dec
Dec
147
May
166
July
% July
-Jones &
4%
24% Apr
,
30%
126%
Jan
7%
RR
v
400
Kalamazoo Stove & Furn
100
Kan City P
Jan
60%
Jan
1%
Oct
3%
Nov
30%
Oct
.'46%
Jan
44
Apr
p
38% July 26
39
48%
Feb
26
May
32
Feb
7
60
Dec
30
26
May
39%
102% Jan
15
115
July 14
94
May
104 Va
Oct
6% Jan
7
16% May 10
1% Jan
.7 Va
Nov
6% Jan
7
16% May 10
2
Jan
6%
Jun
/'
11% Jun
18% Sep
9% Jan
7
90% Jan
14
10'% Jan
4
27 % Jan
5
5
135
.
43% Mar
Jan
9yaJan
>
7Va Nov
10%
Nov
95
Jan
Dec
3
145% Jun 10
24%
Apr
32%
32% Apr
16 Va July
12
127
'8
5% Jan
:
18% May
July 14
34
92% Sep
79
10%
Nov
33%
Jan
107%
50% May
27
73%
122
July 21
Jan
Nov
138
May
85
109% Aug 19
136
Apr
Jan
Aug
6
65
Apr
5
53%
64% Dec 29
82
Apr
6
61
129
Jan
Dec
Nov
.
28
26"% Apr
9
•
Oct
11
7
78
19% Jan
Nov
54
5%
.
Apr
13
Dec
88% Apr
.
7%
Aug 16
125
Mar
2
Jun
18
Feb.19
26
21
111% Aug 26
99% Mar 30
70
Jan 21
No par
600
Oct
Dec
15%
11
69% Dec 20
/
4
11
39
—100
stamped—100
:
Nov-
136
Dec
v
24
Dec
Dec
Apr
1%
,
5
Jan
57
Apr
71 % July 12
2
3% Jan
1
Laughlin Steel..
'12%
38
July 14
14% Dec
37% Jan
1
700
V.7.
%
3% May
■
Mar 25
138
.2
45% Jan
,--—100
—-No par
——i—100
;/
■
61
36 % Apr
6
8% Jan
129
Jan
Apr
July 2
6% May 11
Nov 30
Jan
40
4% May 10
55% Jan
25
Jan
8
151%
July 27
177
i
Feb ",
28
74% Jun
100
.
Jan
10%
5% May
109% Mar
67
pref series A—
,—100
5% pref series B couv__
100
Joy Mfg Co
i
1
500
</
6
Sep 24
9% Apr
177
———
Chicago
&
Joliet
.
> 8,400
■Z
Mar 29
9
2
v
Inc
No par
4%% preferred—100
Johns Manville Corp—No par
20
V
11'A
18%
9
Jan 21
Jan
56% Jan 20
162
Jan
9
Jewel Tea Co
>t 1,600
68%
10%
111%
Mar 29
19
Jarvis (W B) Co—
100
21 Va
59
100% Aug
5% Apr
115
5
preferred
700
.
100
21%
*58
58'A
58%-
128
$6
40
V
90 Va
*80'A
/
21%
59
58 y4
107%
Jan
6
—_—No par
Salt
700
%,/";• :
14
128
100
21 Va
r"
107%
128%
*80'A
21%
300
31 Va
90
*58
59%
*10?A
69
*128
100
14%
Z /
.'
91
90
129
.
107%
*106%
107%
*80VA 100
,!
21%:
32
23 Va
.
510
15%
31 Va
14 %
14'A
*31
91
89
:/ ,/
/A.
Oct
144% Jan 20
No par
No par
Interstate Dept Stores—,—No par
Preferred
100
Intertype Corp
——No par
Island Creek Coal
1
900
139
*137
139
18%
5
preferred.
Intern'l Telep & Teleg
Foreign share ctfs__
800
/
*29
6
Jan
__
,
Feb
38% July
6% Jan
28
29%
*15
.
,29%
*137
31 »A
90
21%
.
29%
14%
107%
15%
29%
139
32
*80 V4
22
*58%
29%
*1381/a
.
128 V4
100
21%
'/a
*31%
129'A
*128
100
21 %
*15
14
14
31%
89 lA
16
6%
36
17%
*10934
I
Apr
_50
100
12%
*16Va
/
27
5%
International Shoe—-—- —-No par
International
39,800
12%
*12 Va
/
17 Va
110
110
30
139
14'A
31%
*106 Va
.
*29 Va
110
*15
15%
*138'%
.
138%
110
110
*15'A
•
29
107 3 4
*107
109%
110
12%
12%
*16%
Feb
8% July
% Jan
7%
12%
;'Z
Dec
12%
International Sliver
117
*111
July
54
i
74%
500
:
153
15% Apr
800
35%
61
July 23
78%. July 24
5
July i6
Jan
4
700
42
35%
Jan
11% Jan
conv
5%
320
Dec
100
18
6
A-——25
Inter Rys of
1,400
-71
preferred
Cent Am
preferred—
5%
3,700
8%
*58Va
,
12%
11%
11%
11%
16
68
70'/a
'
13,600
14 V8
8%
35
May
168
17
Jan
-
106
Corp__——1
Int Nickel of Canada—
No par
Preferred
—100
International Paper Co__
—15
290
13%
&
Min
4% preferred—:
International Mining
19,800
27%
132
67%
,:
■
117
*111
11%
4,200
./ *39%
*60
*16%
*31%
70 /
"
59%
117
4%
'
40
*11-1
500
t
Z
,
36
17%
14'A
/
70
71
40
12'A
138 V*
70%
70?%
./.
14
•
59 Vz
12%
139
8%
8%
International
132
a
;v.68 Va
8%
36
17%
29
.68
'*8
61
11%
29
13%
13 %
,68'A
Int
2,600
27%
27%
13%
4,400
Apr
74
./ 10% Sep
163%
i
;
Feb
21
7
19% July 24
Chem——5
Hydro-Elec Sys class
2V8
4%
132%
40
*11%
*23%
27%
67%
,
..-
16%
*69
4%
132%
132 Va
170
•
4%
28
27%
2,500
'
/
2
A
36
17%
138%
5
700
.
16V2
2 ' //•■.
/■••••; 2
171
170
169%
169 Va
60 %
12 %
16
72%
35%
11%
16
72%
72'A
71%
*39%
17%
*15'A
162 Va
40
61 %
110
162%
162
162
36
11%
110
7%
7
'
••
No par
Int Business Machines——No par
International Harvester-.
No par
Preferred
A.
;-100
16%
28
100% Apr
21% Jan 28
v
100
——2.
preferred-—
6 %
Oct
Apr
./
Interlake Iron--—.—
4%
Jan
8% May
Intercont'l Rubber———No par
7,300
.
Oct
Mar
44% Jun
9% Nov
62
,
Ctfs
2%
6
Nov
23 %
42
8
158% Apr
Copper———20
6,200
8 VA
7VA
May
.
Inc—-+.-I
Interchemical Corp
—-No par
Insuransharj»s
10
::
111 VA
7%
7 Va
61
11%
110
*110
Inspiration Cons
.
500
34
7Va
"
117
*111
111 %
7%
Z.
69 Va
72%
40
36
61%
34
*35%
40
36
/• 117
34%
*111
40
36
*59 V3
100
69
8%
71
.
7%
69
14 Va
68%
8 Va
8'A
73 Va
; .»
/
2%
132 Va
13%
69 Va
*7%
16%
;
.
134
67%
14%
68
14% >
68%
7%
4%
28
27%
*131 V»
133
*131V4
132
131 Va
28 lA
3,300
No par
13
86% Nov 29
100
ii
Jan
«%
Jan
13
May
32% Jan
May 10
32% Nov
:
—-No par
.——
Co——
Steel
48
11% Jan
V
o%
6
5
Jan
4
—No par
preferred
6%
Inland
1,500
76 VA
16% May
31% May
8
37
/
Lt——No par
Rayon:
'/Ingersoll-Rand—
1,700
.
167
10%
16%
4%
4%
4%
27%
,
*96Va
*160
10%
*110
?.
169%
16'A
68
4%
."
16%
16%
67
27%
-.
96%
167
*68%
16 Va
4%
!
Industrial
-
10%
73
2
2Va
-
66%
66%
111
2
16%
16%
27%
2Va
2 Va
2
2
96%
Indianapolis Power &
1,600
:
*33%
/
162
169 %
173
■
.
40'A
*7%
7%
72%
72%'
^-,470
3,100
16%.,.
39%
75%
7%
7%
162
12 VA
16%
Jan
18% Jan
i0u
.
6% preferred series A
.—.-100
Leased lines 4 %
100
RR See ctfs series A——.—1000
/,
76'A
.
112
7 Va
*12
1,030
.50'A
75%
...'.
34%
7%
7%
72%
•■'■
*111 V'4
7%
162
162
165
72%
*33?%
112'
'7%
7%
163
172
34?%
7VA
7Va
10%
*7%
50
Co20
Central RR Co
Illinois
■/
10%
75
10%
A
V:
"
*160
167
75
.
40
96%-
96
96
7%
*111%
7%
40
.13%
.
:/■:.// 34 '/
16%
V
16%
'
:
10%
34%
111%
'
112
7%
/
/■:.
12% //
12 V'4
40
*160'/
75%
75%
7%
34%
3 4'A
*111 %
/•
96
167
167
'
,
.
39%
*160
*160
167
■<t
40
40
96%
96'/a
■
97%.
97
26%
26%
12%
30
12%
*160
i
26%
26%
26%
26 5 a
26%
28%
27
%
26
12 Va
Idaho Power
,
8% Jan
12% Jun 25
4
xl2% Jan
121
Dec
5% Jan
; 19
Dec
7% Jan
83 /Jan
"::.;"17% May
19
Dec
May
7% Aug
/•*;
24%
Jan
Jan
64
79% Jan
Jan
11
'
*123%
—-i.' '
•
.
V
1
123%
7%
■
7%
23
22%
*22
"
*13%
14%
*13%
*103%
104
104
v
18 VA",
*17%
22%
*103 Va
17%
*110
*20%
21
13%
14
13%
■'
*112
*112
31
31%
19%
19%;
*19
*32
32
32
4%
4%,
*4'A
*55%
56
*55
17%
*110
111%
21
13%
31%
14
14%
104
21
21
'
'13%
22
;
111 Va
*110
17%
22%
22%
22%
*63,4
7%
*6%.
7%
31%
/
7%
8
22 VA
23%
14
104
*13%
;
*103%
,
30%
*
14%'.
*17
17%
18
111 Va
*110
112%
20%
13%
113
31%
31
■
*112
113
19 %
19 VA
19 VA
*19 Va
19%
32%
32
32
*32
4%
■
*4'A
56
56
*4VA
4%
4%.
4%
22%
7VA
*6%
28%
7VA
28%
28%
•
.
*6 V4
7
32%
32%
32%
32%
12 VA
12 VA
12 Va
13
12%
13
12 Va
12%
12%
12%
63
63
63
63
29 Va
29
29 %
29 VA
63
66
63%
63%
62%
29%
29 VA
29%.
29
29%
8%
8%
23'A
23%
5%
5%
113%
113%
5 lA
5%
17 VA
17 VA
39%
40
8%
23%
5 Va
8%
23%
23%
*113
115
5TA
.
5 VA
1%
1%
32%
•
32%
3,700
:
Kroger Grocery & Bak
Laclede Gas Lt Co St Louis
-
*12 VA
12%
1.310
62%
62%
610
2.9
29%
.2,100
16
30 VA
18 V2
*37 VA
44%
40 %
8%
8%
4,800
23%
1,300
5%
1 Va
:
23%
115
*113
5%
*1%
5%
1%
23%
5%
1%
1%
15%
16
16
16
16
16
15%
16%
30%
30 Va
30%
30 Vh
30%
29
30 3a
30 VA
30
18%
19
19'
19
19
37 VA
37%
37%
45.
45
45%
4,200
7%
10,500
19
*36 Va
38 VA
37 VA
44%
18%
187a
*36%
44%
*18%
38 VA
'
44%
7 V4
7%
39%
39%
45
7
7VA
*39'A
For
18%
18 VA
VA
39%
footnotes see page 363.
7
*39%
'7%
39%
*37
44%
7
39%
37V'a
44 7
8
*37 VA
45
a
7
39%
40
7?
•
.
7%
40
7 Va
40
40
5,000
.
Corp (The)—
Lehn & Fink Prod Corp
Lehman
4,100
900
'
Lerner
100
500
:
Lehigh Valley Coal—
3% conv preferred-
2,800
1%
1%
Rubber & Tire
Lehigh Valley RR
12,400
6 VA
30%
%
Lee
400
50
115
*113
..
20
Dec 13
Sep
17
115
24% May 11
-
,
Stores Corp—
Libbey Owens Ford
—No par
Glass—No par
Libby McNeill & Libby—
Life Savers Corp
7
—5
■
11%
Feb
Dec
100%
Jan
Jan
11%
Sep
93% July
10% Apr
103 %
Dec
14%
Dec
7
Jan
9
Dec
105%
Jan
Jun
37%
Jan
11% Apr
15 Va
Dec
July 15
24%
Jun
29
Jan
6% July 26
1%
Jan
2Va
58% July 29
30%
Sep
40%
Feb
Mar
22%
Jan
Jun
3%
Jan
24
8
20% July 15
34
4%
100
17
Feb
10% Apr
22
3
32 % Sep
30
19% May
27
Jan
32% Nov
6
22%
Apr
29%
Jan
16% May 21
Oct 19
7%
Apr
13
21%
Apr
41% Sep
7
11%
Jan
18
24% Sep
4
73
'17% Jan
7
29% Jun
7
27
29
9
Jan
4
29
July 17
107% Jan
-No par
50
1
5
Apr
May
Apr
35% Apr
7
27
120
July 20
2% Jan 2
{iiJan 2
11 Va Jan 6
24
Jan 12
14% Jan 6
: 23% Jan 8
31
Jan 12
5
Jan 2
30
Jan 4
Oct
6
i
/
8% Dec
50
Oct
7.%
29% Nov
26%
16% May 11
113
4
20
13% Dec
124
May
81%
Nov
104
26 Va Jan
Lehigh' Portland Cement
—25
4% conv preferred—
,_100
23%
23%
115
'
Sep
11% Jan
.
Lehigh Coal & Navigation Co-No par
V
•
'
Jan
35
—No par
No par
a—5
___.
*39 'A
16 VA
45
(The)
Bryant—;
8%
30
1%
Lane
39%
16
1 Va
Lambert Co
100
18
8%
8%
17
Jan
16
29% Apr
9% Jan
100
100
preferred—
*17%
16%
*1%
5%
No par
18
*17
40
*113
1,400
r
..
29%
.
17 VA
39%
8%
7JA
29
32 Vi
-
4,500
.
39%
*16%
8%
115
32%
63 Va
29 VA
23 VA
113
.
*6%
VA
29
29
Corp—__No par
Feb
Mar
2%
10% Apr
15% Jan 2
25
Jan 7
1"% Jan 13
34% Jan 12
18% Jan 2
2% Jan 11
"23'/a Jan
4
24% Feb 26
Col—No par
(G R) Co—__1—1
$5 prior- preferred
No par
Kresge (S S) Co
_10
Kresge Dept Stores
1
Kress (S H) & Co./—
No par
170
22%
22%
8%
Kinney
22%
*6%
23 VA
1,200
22%
22%
18
>
23
7%
40%
5
23
32% :
40 Va
Kimberly-Clark
Keystone Steel & Wire
1,400
56 VA
32%
*17 VA
■' 200
56 VA
32%
18
;•
28% Jan
No par
Kennecott Copper—
19,200
33
56 Vt
Aug
—
;
20
56 Vi
32%
41
70
;
:
31V*
56
29%
*40
1,100
13%
56
29 Va
*17%
700
20%
112
5
4%
29 VA
VA
1 '
*32 Va
33
29%
.
500
112 VA
56
22%
28%
*32%
•
30
/.
non-cum
19%
19%
19%
33
./
4 %
30%
31 %
30%
31'A
200
<■
112
113
preferred——100
Kaufmann Dept Stores—i——l
•
5% conv preferred
100
Kayser (Julius) & Co_—i—_5
Keith-Albee-Orpheum conv pfd-100 "103% Feb
1
Kelsey Hayes Wh'l conv cl A
—1 •
14% Jan 2
Class B—
1
;
8% Jan
4
Kendall Co $6 pt pfd A
No par
102
Jan 29
V
13%
13%
13%
1,700
19 Va
20%
20%
20%
20%
*13%
13%
103%
*110
City Southern—___No par
5
117
19% Sep
127
23
2
13
/6
.
2
11VA Jan "2
& L pf ser B—No par
Kansas
i
23 Va
13%
18%
*110
21
-
-10
4,600
: ;■
103%
104
17%
13%
7%
*18%
•
14%
13%
*103%
104
*22%
23
23
22 Va
//
7%
/'
7%
7VA
1111, A
*112
,
~7% *
;/■ ./
*123%
*123'A
*123%
*123 %
123 V2
73/a
'
7%
181/4:
.
•
19% Jun
18
39% Oct
30
Dec
2%
8% Mar
'May
Dec
11% Dec
20
15%
Apr
18% May
28
Dec
23 V8
Jan
Aug
113
Jan
8% May 19
2%
Jun
4
Jan
1
M
Dec
1% Jan
8% Jan
15% Aug
2% Jun
20% Jun
5
104
25
July 14
17%
22% Jun
26
11%
Apr
38% Dec
23
18
Apr
43% Ded
31'
Jan
33%
-Dec
26%
32
8%
41
20%
Apr
4
Mar
20
Mar
14% Aug
Dec
Dec
5% Jan
33
Jan
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
STOCKS
LOW AND HIGH SALE PRICES
Saturday »/
/. ;• ' Jan. 15
Jan.
■
$ per share
*69%
17/. ' />
71
*70%
70
70
71
.
71
70
•
*70%.
.
I per share
Shares
71% :
711/4
*26%
27%
40 %
40
/
:
-
600
27%
27%
27%
391/4'
39%
39%
391/4
38%
39%
39
38%
38%;
19%
19%
22%
221/4
23
22%
22% :
22%
23%
23
"161/4
15%
16
15%
15%
15%
16%
16%
58 »/4
58%
591/4
59%
451/4
45%
45%
46
9%
9%
22
591/4
591/4
58%
59
581/a
45%:
45%
45%
45%
45%
9%
9%
9%
9%
29%
29%
29%
18 Ya
18%
38%
18%
15%
9%
28%
X29
18%
18%
155
*1521/2
21%
21%
74%
V
•,
59%
46
47
9%
Long Bell Lumber A—
29%
*29%
.
Loew's Inc—
———No par
Lone Star Cement Corp.,:
No par
4,100
29%
*
Loose-Wiles
600
73% Jun
4
164 %
73%
25% Mar 29
64% July 24
37
Jan
51% Jan
31%
Jun
27
20
27
9%
18%
*152%
155
*1521/2
18%
18%
18%-
155
74
18%
/
Lorillard (P) Co————
l_10
7 % preferred-——u——100
3,800
.*152%' 155
21%
21%
74
•
21%
74
*20%
18%
32%
"*207/a
74%
;
76
..
200
;
•
Louisville Gas & El ANo par
1,600
21i%
75 '
,
Louisville & Nashville——;—,—100
-
6
31
Oct
21 % Jun
15
28
Oct
163/b
8
8
46%
Dec
42%
Jan
7%
Dec
19 ya Nov
16% Nov
,
Mar
11%
153
k
Apr
65%
Jan
,
Mar
128
Dec
,24%
V
.
11% Apr /
5
163% July 22
22 y4 July 19
79
July 24
6
20 % Jan
Nov
12%
-
2% Mar
1V/4 May 10
13
15% Jan'
59%*Jan
Feb
37%
Jan
*
•
21% Jun 26
16% Oct > 7
148% Jan 12
«
Dec
23% Nov
22% Jun
: 25% May
,
Jan
177
11% May
14% May
27
Jan
74%
Apr
28% May
44
May
43
July
21% July
18% Jan
—25.
/
Apr
16%
182 % Aug 19
2
42'% Jan
7
37 Va Jan 11
6% Nov 27
-
No par
Biscuit
50% Apr
50% Apr
12% Nov 29
par
4,300
4,100
9%
Dec
Highest
I per share
per share
July 15
.
74 %:
73%
59%
.
71
1
share
22% Jan
4
24
Jan
7
34% Jan 19
12% Jan- 4
15% Jan
6
No par
—
I per
62% Nov 30
Liquid Carbonic Corp
No par
Lockheed Aircraft Corp—.—.—,_-l
6,300
Dec
171
Link Belt Co—
Lion Oil Refining
13,200
'
..25
Lily Tulip Cup Corp..—par
Lima Locomotive Wks——^^Na par,
2,500
VV
16%
9%
*29
29%
*29
21%
21%
74%.: 74%
23
,
-
62
Preferred
200
,'
25
Year 1912
Lowest
Highest
' ,1/.. v Lowest
Par
I per share
Series'
,
110
'
*152%: 155
155
*20%
*19
20
*19
59
■45%
/" 38%
1,500
/
',//".■
".//.
•' '■
Liggett & Myers Tobacco—
800
19%
*26%
/•/•'
16%
•
74%
40
19Vo
271/8
72
:■
'
19%
21
*21
40
19%
27%
16%
*152%
39%
176%
38%
20%
18%
39%
72%
176%
38%
19%
.
39%
*71%
1761/4
-
401/4
20
28%
*26%
72%
*175%
71%
;
39%
38
9%
72 Ya
1761%
27%
72%
175%
*26%
*19%
k..
,Z
71%
175%
27%
*174
Range for Year 1943
"■EXCHANGE"/..';
700
.
■176%
72%
175%
72%
175 Ya
71%
Range for Previona
NEW YORK STOCK
the Week
■'
72%
721/4
*174
Sales tot
Jan,21
$ per share
S per snare
share
t per
Friday
.
Jan.20
Jan. 19
Jan. 18 ■•/
f per share
Thursday
Wednesday
Tuesday
Monday
,
Sep
Dec
18%
Jan
76%
Jan
'
'
*26
27
27
27
138
*133%
138
138
35%
35%
*28%
28%
34%
35%
28%
.28%
28 Ys
28%
28 3A
28 Ya
14V4
16%/-
14Va
14%
16 Va
16%
14 Va
*14Vo
14%
14 y4
16%
16%
16%
16%
7%
*285
k-;,':
8
315
7%
•:
7%
*10%'
11
*10%
11
*18%
19%
*19
19%
•2%
2%
,6%
'./
*2%
/ /' 6%'
.
6%
*280
315
*280-
2%
2%
^7%
19 y4
19 V*
2% :■■:■•
6%.
6%
6%
13%
14
/
17 Vo
14
17 V4
5%
5%
/•
.,14k-.:/
13%
14%
-
'
'
14% •■•'"
17%/'
,
.17
13%
14%'/
14 y8
16%
14
13 Ya
165/a
>•
.
17 %
•
'
.
•
*38%
39
27%
:
38%
.
27%
22
38 y4,
27%
:
22%
*170
•
:
*
*27
28
k 22
•
53 Ya
53%
53%
54%
5%
5%
5%
'
5%
22 y4
53%
*53 3A
5%
5%
5%
5%
'
*34%
.
35%
35
*20%
,35
110
*106
21
*16%
35
*106
110
*106
16%
21
21%
35
-
/•/'
35
*106
*16%
110
*106
*106
112%
21%
21 Va
16 y4
163/a
16
*105
'•
'35
:
*
29%
*29%
15
29%
*14%
*14%
30
29%
: 15 ■::;/
*29%
*29%
29%,
*14%
29 3A
'
14Ya
14Ya
50%
50%
50%
50
50 Va
50
22%
22%
22%
23%
23%
23%
23% /23%:
•
,
*105
50%
May:Department Stores—:
3,000
': 500
1
60
'
1
2,500
kZk 900
51.
1,700
2,600
'
'
23%
23
23%
23
.
McGraw-Hill Pub Co-—z^^No par
Mclntyre Porcupine Mines—
5
McKesson & Robbins Inc-I——18
/..•.-
10%
10%
*112%
113%
*112%
9Vo
9%
10%
10%
■
*10%
103/4
103A
113%
*112%
113%
87/a
8%
16%,
10%
10%
*112%
:/: >'■ 87/8
83A
113%/
9Vo.
6 %
101
6
41
570
*27%
28 3A
100
28%
*28
28 % "
8%
8%
■
*83
86
*69%
70
*32%
*83
33
86
70
/
*83
70% /
71
33%//
.■
32%
*32
72%
x32%
32%
9Y4
9%
10 y4
40
*38%
39 Ya
*38%
39%
*27%
28%
*27V2
28%
*27y2
283/4
*27
*29
9%
.:■•■■
9%
9
9
73
72%
32%
*39%
■
9Ve
•
39
*84%
71
■
.
9%
39%
9
85
32%
■/'
71
33%
•■:
85
86
*83
86
-
41'
39%
■'(
72
■
72
*32
-
93A
/
,
10
85
■■/:•
•;■
33%
v
260
700
:
10 Ya
41
.
8,800
'
a27V4
Va
28 3A
29 y4
29%
29 Va
*28%
29 y4
*28 Va
2.8%
28%
6%
6%
6%
6%
6%
6%
6%
6%
6Va
25%
26%
26Vo
26%
25%
26% / ""•: 25 Va
25%
*27%
28%
*28*%
29
28%
28 %:
28%
*119
*72
120%
V2
120%
*72
120%
73 Va
*107
107%
74 y4
107%::
*107
*110
6%
■:/■
73
6%
6%
96 Ya
r"
120
107%/
Z-,
'■■■'
6Ya
6Ya
25 Ya
25%,
28
28
120%
'
72%
107% /
72%
107 3A
*107
*107
6 y4
-6%
6%'/,
/
95 Ya
93 3A
187/a
18 Ya
6%"
*93%
18%
6Ya
94 Ya
-18%
93%
18%
107%
19%
Y4
2%
2'A
:
19
18%
:
18%
6%
Minn Moline Power
3,500
94% ■',94%
.
2 Ya
2%
9Ya
9Va
•>30%
•" 9
30 Ya
k 80%
80 V*
80%
2 Ya
2%
■:
'
2Ya
2%
2Ya
.
%
97/a
9%
93A
30 Ya
30%
31%
*30%
80
80
80%
81
116 Ya
80 Ya
116
,
2%
■>
9%
30 y4
9%
30%
9%
*30
400
18%
f
2,000
80
k
•'/w—
/V
2.5Q0
17,100
1,100
Mohawk
80
1,500 I
Monsanto
79%
No par
Mo-Kan-Texas RR—
2 Ya
9Ya
31 Ya
1%
i
preferred series A
Carpet Mills
11—
.*116%.
'
*116%
*116%
*116
Ya
*116%
117%
*109Va
109%
117%
117%
*116
117 Ya
109
109%
♦109
109 Ya
109%
109 Ya
109 3/a
109%
46 Ye
46 Ya
46 Ya
46 y4
46%
45%
46 3A
46 Va
Ya
39%
22 Ya
23Va
*35
17 Va
18%
28%
*113
18 Ya
k'/:* 74%.
75%
,
75 Ya
*113
:
28% '
Chemical Co
—
10
5
75Ya
•
114
*113
114
.
114
•
Motor Products
18 Ya
2,600
28 Ya
5%
5Ya
•
.
1
-
'
110
21 Ya
743A
•
100/
V
74%
*114
7,705"
;
73 Ya
i.
300
.
50
117
'
9Ya
9Ya
46%
46%
*%
12%
31
:
9
123A
31
14Ya
9 Vs
9Ya
21%
10 Y4
21%
21Ya
.
19
': 9
-;;
.':"/; 87/a
•
9
; 29 Ya
"
29%
12%
12%
••-;--:
•,
/-
20%
13%,
20 Ya
133A*I13A
.
12%
10
213/4
217/a
170
*168
18 Va /
83A
12 Va
A
20Y8
13 Ya
.133/4
.
13Ya*
12%
93A
9%
'
.;
.
/; ,*ii3A
,
/
'.,//■
.
:
.
Ya
213.4
*18%
L
9QY8
*90
90
National
1,600
,Z
1,900
Inc.——1
10
National, Aviation Corp
5
National Biscuit. Co———10
7 % preferred—-^——-100 *
.19
18 Va-
303A
83/4
*8%
8%
6%
:___■■
Z
18% '
8%
28 Ya
28 Ya
28%
123A
12%
,
12%
•
:•
12
12
20%
197/a"
20%
133A
133A
13 Ya
13,3/4 •;' ■'
*113A
12'A
307/a
;
:'
30%
•
.
12:
*11%
■
:
y
900
>12j/4 :k, 12%
ll7/a
12%;;
Z 20% '.203/4'
National
900
/
.
4,600
:
9,900
♦
1,000
••
•''.
'
11 '
•
31 Ya'
•
31 Ya ^
,
■
'
97/a
27%
7,800
*90
90 3/8
90 3/a
90Ya
19%
'.Nat Enam &
v*
1'z.w
,*26%'■/'27% 1./■!;'•.( *26 Ya- .■k^TYa'-f'1
9 %•• :.
;
9%
".. 93A/
6,500
89
90* x k :z/ 89%' k" '903A
//"■
120
93/4
.
19%
Apr
36
,
Stamping—No par-
—1
preferred—,—No par
V, ^4.50 qonv
25 y8
22
Jan
22
Mar
Nov
101
Jun
9
Jan
3% Nov
13% Sep
Dec
12%
May
99% Aug
Oct
14
10
,
Jan
46%
Jan
76
Sep 29
Nov
29 ya
176
Jan
108% Jan
24% Dec
29
Sep 30
16%'May 19
14
8
39
28
27%
9%
Oct
25% Jun
Jan
15% Dec
11% Sep
18
4
5%
Jun
Apr
6%'Jan
91/a Nov
Dec
Nov
Feb
26
64%
Oct
78% Sep
•
27
'
34% July
12 y4
108
Jan
7y4 May
-
77
Mar
55
Dec
72
Feb
20%
Jun
32
Jan
4%
8
Dec
:
July
July
22
%; Jun
32% Mar
21
Apr
33%
Oct
34% Apr
24
Dec
30 Va
Jan
9% Apr
5
Apr
7%
Jan
19%
Dec
42
/
30% Sep
31% Jun
5
/
7
16% May
88 y4 Apr
35% Jan
'
76% May 6
110
Apr 21
113% Feb
4
103%
23%
10
57y2. Jun
3% Mar .4
11% Apr
6
3%
'
30
4%
114% Aug 24
May
May
May
102% Apr
23% Apr
Oct
91
66
•
July 14
Jan
117% Feb
120
Oct
110%
Jan
34%
Deo
39% Oct
6
28%
Dec
27% Jun
.7
12%
Dec
Jun
5
6»/4
Jan
18% Apr
-.7
48 Va Mar
29% Mar
,
11
Oct
97/a Apr
12%
Nov
20% Aug
Mar 29.
31
Oct;
Oct
18
110
Mar 19
Apr 29
17
Nov
112
119
121
50
Dec
Mar
14%
1%
.
12% Feb
92 % Jun
Oct,
67
.
Jan
tJan
5
Oct
111,
Apr
30% Nov
Dec
108
1% May
July 23
July lif
Oct
Nov
59 Va
Jan
98
8%
Oct
Oct
108 V8
*107% May
25/
8% Jun
6 k
29
12 Va Mar
21
July 1^
128
2
25%
Jan
3%
Jan
7
Jun
3
^2
Sep
/• 77
Jun
25
60
"Jan
63
Feb
Jan
17
Dec
11%
23% Jun 26
79 %
;
117
Sep 22
Aug
4
,
49
May
108% Sep
Feb
1% Feb
11
15% Jun
Dec
Nov
39%
Feb
I
23
176
.
10% Sep
9
3% July
7
3
Apr
5%
Jan
'5% Nov
8%
9%
13
May
140
May
12% Apr
•
;
Oct
29% Nov
19% Oct
'6% May
2.4
29% Dec 20
Jan
16% May
13% May
,
July 16
Sep 14
21% Jun
Deo
3%
■
11% July 8
12% July 14:
137/a July 7
2
3
7
2
7
12
5
4
9
4
.
Jan
•
6%
7
40% Apr 29
19% Apr
1
113
30'/a Jun
27
44
69%
Jan
4%
11% July 19
2
2
4
■
X5%
"7% Jan
Apr
6
89
Jan 2
Jan: 7
Jan 5
Apr 13
July 3
Jan 2
Jan 12
Jan
Jan
Dec
94
10% Apr
115% Aug
.
Dec
Oct
16%
Oct
166%
Jan
16% Dec
.3% Jan
11
Jan
5% Nov
20
Dec
13% Aug 23
6%
14% May 10
>
21"% July 23
2
12%
Apr
4%
Jan
15% Sep
20
12
Dec
Dec
17
29% Sep 30
ll'A Jun
4
Jan 12 ^
70,j4 Jan 4
90% Nov
3
20% Dec
10
Sep
9% Dec
15% Aug
7% Nov
8% May
3
36
9%.Mar;16:-,
.^sy* Jan 14
- < 17 % Jan J.5
•
1%
Jan
50% Apr
/, ^6
.
Aug
19% July
22.% Aug 18'
17% Sep 21
113 % Oct
2
67/a Jan l3
National Gypsum Co
Oct
110
Nov 20
14% Jan
/:■ 6% preferred————T——10 .,
Nat Distillers Products———No par ■
„^,--
'
30%
Container———1
'
*26 Ya
■Z 9%
.
;
National.Cylinder Gas Co——/—1
Nat Dairy Products———No par
National Dept Stores_i.—-r-No par
*
*
'.':13'3A. ■■•133/4 z.
' *113/4 ;• i2/:.vk:
k
2,100
■
27%
,
93/4"
■
*12>A
.
12%
20%
.
preferred
Corp—No par
National Can Corp———-10
Nat Cash Register————No par
300
k
conv
Nat Bond. & Share
-
8Ya "
283/8
31
Jan
Feb 8
Feb 19
Jan
Feb
8% Jan
15% Jan
162 - Jan
16% Nov
5% Jan
18% Jan
10% Nov9% Jan
Nat Automotive1 Fibres
7,100
170
28%
"
90
*168
Acme Co—————1
4,400
34%Dec
Apr
% Nov 29
6%
23%
13
5%
8%
Chatt & St. Louis—Z100
9,900
21% " 21%
.
'•"■ >
:'
k
:
•'
11
'
Z
;
:
-
11% :
11
21Ya
170
•
10
*11%:
Nashville
7
4
% Jan
2%
53
15
62
111'
5%
34 Va
.
Nabco Liquidating Co——No par
Nash-Kelvinator Corp
5
26,300
•
-11%
12 Ya
30%-
*26 Ya
..
97/a
'9%
'
470
15 Va ;
'9%
/:
'
"12%:
20%
:
.
27 %
/
<
Z "3,700
Va '' '
32% Z
15 Z,
:
v
8 3A
12 Ya
31
32%"
'
28%
1214
30.Ya
/
.
11%
*168
183A
%"!
15%
11
170
*18%
8Ya
20 3/4
*26Ya
200
v
•
./
12%
27%
'• 12
12 Va
Zll'%
;32
::•' 15%
11%
12%"
20Y&
30 Ya
k
-93/4
11%
*31%
10 3A
12
30 3/4
;
10%
>11% '■"11%
29
*26%
•
10
283/a
*113A
:
15 Va
VA
13 3A
k
k/ii%: "1-2-
2,900
48
,/• %. ZZ 3/4 '
12 3/a
14 Ya
29% /
"
9 Ya
>46Va
'•
34 /'/%./
12 Va
31 Ya
22
18 Va
••'
'
•
9%
:
48
.
31 Ya
•
12 V4
28%
%
12%
10 Ya
*168 /
.'9%
>46%
-
11%:.
21 Ya
;
19
9
10
48
%
15 Va
*10 Ya
170
19
1
9%
•
12 Va
.
32 Ya
11 Vi
213A
*168
12%
■
9%
*46%
:
\r
14
V' 9%
10 Ya
170
*18%
Z
11%
107/a
*168
15
9%
11 Ya
10%
34
31
15%/
14 3A
••
48
12
31
:
11%
'11%
:
%
Y4
12
31
14 Ya
r.
%
*46 Ya
.
9%
9%
9%
y 9%
47%
47%
7/a
'12%
9 Ya
:
:
Corp—————5
Mueller: Brass Co—i.——T-l:
Mullins Mfg Co class B——1
:
$7 preferred—-—-4.———No:par
Munsingwear Inc—
No par
Murphy Co (G D)———No par
4%% • preferred
—
,-100
Murr'ay Corp of America——10
Myers (F E) & Bro
•—No .par
1,500 i
'
: :>2iv4
•
Corp——No par
Motor Wheel
73:%
75%
114
5,200
"j
.-5%
72.
*74
•:
17 Ya
27%
21%:
series C—No par
(John) ,& Co—-—No par
& Essex———————50
18%
*21Y4
■
Morrell
Morris
22,590
17 Va
:
28%
:
/ 8,100 y
24 Ya
18 %
72 '
■:
$4 preferred
—
Montgomery ward & Co—-No par:
39
' 24 "■■■'■•
.
17%
5Va
213A
15%
'46%
*35 Ya
24%
Preferred series B—-No par
140
110
;
46
.'-No par.
$4.50
90
;
117 Ya
109%
pfeferred,
60
■
'117%
:
39
•"■
28%
72 "■/
*117
/'
46%
:v 17 Y4
18%:
18 Va
*21
,
.
23
'*713A
/•
21 Ya
*74%
-
114
*113
.
5Ya
*20 Ya
453A
*35 Va
17%
28 Ya
'•■/•/: B'-"
72
72
20 3A
'
.
23JA
17%
18Ya
29
5
72
■
75%
28 Ya
5 Va
72
20%
114
.
18 Ya
4Ya
./•:■
21%
.
173/a
.
39
22 Ya
:
23 %
17 Va
28Ys
117%
*35
39
Ya
18Ya
28 3A
72
'
*75
r
22
18%
17Ya
18%
5
43A
72
*35 lA
23
28%
*20 Ya
*116
39
22 Ya
18
18 Ya
*35%
.
.
.
117 Ya
22% May
19
6
.
'
*116%
Jan
7% May 29
3% Jan 4
17% Jan 12
75% Dec
1
113
Dec 24
116% Dec 29.
IOGV2 Nov 26
33% Jan 14
31% Jan 8
13
Jan 5
9% Jan 7
11% Jan 12
21"% Jan, 8
—,—100
—20
Jan
6 Ve
162
3- ^an. 2
64% Jan 17
13% Jan 13
No par
——10
Mission; Corp--——
»
2%
-
Impi-Z—-1
$6.50 preferred
:
9%
31 Ya
9% / /. /■
31
*79
,
*18%
17% May
3% Sep
26 y«
"I
July 17
27% Mar 26
' Aug 23
60
Sep 13
4
106%
58
107
'107
.
*110
Jan
liy4 Oct
12%
32
2
4
18% Jan
20'4 Jari
Minn-Honeywell Regu—No par
4 %' conv pfd series Bl
100
v
4%'% preferred series C
100
400
,,■".
■
5% Jan
—10
,
8%
Nov
3%
Jun
4% Jan
?
176
Jan 13
26
.
8% cum 1st preferred——100
50
"
19
;
23% Sep 24
Steel Products——No par
Midland
"
*110
*93%
73
73
5
2%
.
Dec
2
43% July 16
13 /
4% Jan
25* Jan
5
—
Copper-—
——
Mid-Continent Petroleum-
Z 5,700
300
120%
120%
/
Co
Miami
2,900
•
Machine
Mesta
500
25%
28'/a
*119
*110
6Ya '
6%
6%
28%
72%
*107
/■';•/
-■•'
25%
120
72%
73
*110
*93Yi
6Ya
94
120 Va
*107
*noy2
:
94
120%
*27 Ya
■
16% Jan
X6%
■■:•■ '".
■
6% Jan
' Feb
Jan
67% Jan.
60
Jan
27
Feb
Merch & Mln Trans Co——No par
113% X
*112 Ye
k
8%
~4%"jaii
:
May 27
4
9
15
9
;■•■• ■//
2% May
5
May
,
Apr
7% Jun
24
Mead
•
conV preferred—z
100
Corp——————No par
$6 preferred series A—-No; par
$5,50 pfd ser B w w———No par
Melville" Shoe Corp--,—
—1
Mengel Co (The) ———1
5 % conv 1st preferred——4.-50
113%
*8Va
24
/: 14% Jan. 27
1,800
.
Jan
27% Jan
'
8% Jan 11 *
38 % Jan- 7
2,100
10%/
10%
-'• ,•'.■.■
v.
Jan
13%
Deo-
11% May
% Mar
•
July 14
;
Jan 7
Feb 4
Jan
9
Jan 16
Jan 7
Jan. 7
¥ '
• ■•■/.■-/■. •:
McLellari Stores Co—1
■: ;,■
27'A
*112%
v
'
9
:/
19
6% July 13
18y4 Apr 15
,
19% Jan 13
-1
McGraw Elec Co——
500
k 21%
9% NOV
:
Jan
35% Jan
:
17% Apr
11
X17
Jan 11
2%
21%
100
12%
HVa
104
131
Deo
Mar 15
8% Jun
*
23% Jan
Deo
26%
12
Sep 23
19% Apr
5
4% July 14
; 19% Nov 26
165
Jan
5
> 37
Jan' 2
i-10
1,000
: '.
:•
320
8
22
122
24% Mar " 6
,■
•
•
Maytag Co—
—
No par
$3 preferred—————
No par
$6 1st cum preferred——No par
McCall Corp
/
•
McCrory Stores Corp————1
5% conv preferred w w-i—^.100
'15%:,.
.
•'
par
1,500
29%'.
15%
.
Mathieson Alkali Wks——-No par
7% preferred
—/
—100
112% '
•29%
lSVa
No
v
16 Ya
.
50%
*49%
.50V4
:■'' ■:■
•. ■/
—N01 par
z
20
•21 Ya
15 Ya
;
15% Apr
6
30% July 15
,! 15 y4 Dec 31
1% Jan 27
SViJam 2
9
Jan. 5
9% Jam 2
14% Dec
9
3% Jan' 5
31% May 1
'
May
13814 Nov
8
•37y4 Jun 28
2
2
El'ec Co——L..1
Master
300
107
29%
15
147/o
50
*
———-—1
Co
.
1,500
5%
35
-
k'21%
112%,
112%
*105
/
3% Jan
6% Jan
-14% Jan
•
—
-
54 ;•)'
•107
163/a
112 y4
•
(Glenn L)
Martin-Parry Corp
Masonite Corpj
Z 1,300
'
27% "
/ .'5%
:
21 Ya
16 y4
*106
112%
-
Martin
12,400
.
175:
// 53%
'
110 > k
•"•
21%
6»A
■'. 22 ■::■; -,
*172
5%"/-.
-
21%/ /;
.■/:•■' 16 ■-'■/
16%
4,100
'
"315
1
-L—5
Market'St Ry 6% prior pfd—/1O0
Marshall Field fc Co—
No par
1,140
.
40
.*27%
.
.
:
■
•
17%/
/'
'/21%'
■
-
•"
6%
:
k:"4 39%
*34% '•".35 ■'•/•
35
*106
•
110
21
Maracaibo Oil Exploration—
Marine Midland Corp——
400
16,000
Nov 17
Nov 29
15
1—1
—
V
13 Vz
../* 17
27%,'
175
54% "'54%
54%
5%
,6Ya
;
,
: 137/a „'.14 ":
;
"/ •22'/a
22
,
*172
173
53%
6%
-
—10
50
7,300
"2 Ye
;
13%
;:
July 22
28,
Jan
2
19% Jan
2
10
Jan1 4
Mandel Bros——
—No par
Manhattan Shirt——/———25
100
100
;.
'/
39%
*27
27 Ya
215/a
.173
7,000
12
19%
*2%
17.%
'•;•
••■6% .:■':'■
■;
•39%
39% '
27Ya
■
22
173
175'
10
7Ya
•
*10%
14 /: ■'":. '■
16Ya
:"k 6
6%
*38%
39%
.,
6.%'
135/a
13 Ya
•
163A-
6
6V4
':
173
22%
*172
5%
39
/
,27%
*21%
175
"■
5%. / 5%
.
Magma Copper-;—__•:—
Mahoning Coal RR Co
Manati Sugar Co
1,100
;
'
k'--13%
'
:
1,100
i6%:
315 •
v
29
133
Macy (R H) Co' Inc
—No par
Madison,Square Garden—__UVo par
*19Va
2-Ya "'.!
*2%
10
——100
1,200
•
.,73A
/
;
19 Ya.
.
6%
.6%;
13%
'
14
13%
315
Forbes—
Mack Trucks Inc—-—No par
28% ;
14 Va
16%.
.7Ya-
*19%
:
14%
315
*10% -11 Ya
10% '
2% "2%
65/a
13%
1
,
•
&
6% preferred—
10
1,900
287/a
•
MacAndrews
300
.35%/
35 -7
.
.
16 y4
.
.7%
7%
:io%
'.
11
■■•
14%
16Va
27%/;
•
*135
•
29
*280
315
19 y4
7%
7%
*10%
*18%
vk'
35
14%
/
'
'■:_/••
35%
14
/ \ *26%
27%
*135
—""
'
35%
35%
28%
315
'■•:.; 27%
27%
*135
16%
*285
27%
■
.
34%
35'/4
:
27
*26%
*135
■
■.
,
9% Nov
17% Apr
14% Mar
3% Apr
€0
Jan
1$
11%
16% Jan
26
Sep
Nov
6% Dec
72
Mar
*
19%
19% .19%
167%
143/ 143
*166%
19%
19%
19%
*30Z
30%
*166
;■
6
%
-."V.
-
3oy2
60%
3OV2 /"
V '6 %'-•'/
,59%'
12%
12%
■26%
,
r
84
:
28%
;
5%
.:
'.'
•:
,
:.
/
1
:
•.
:
£,:
26% "1'
*141
■'
-61/4
60
12%':
''
84
83%,
86% 86%
"
'5%
60
12
'
10%
*9ya
14%
,14%.
24%
14%
1
168/-
•191/4
9%
*29
••191/4
40
1
1,500
-
.
«%' ,6%:
■''•■
12%" ./121/2-'
/
'
26%
83%;
83
.'
•
3,500
*
86%
•■•■•••
83 ••
*85
86%
5%:
5%
5%
,
.
;
•'5%
86
v
v
5%
'
"
9%
j'.i"
9%
:
*9%:
•'•
9%'
:.;•■
83'.-
86
:
1,400
•..".'5%'-;
9%
-
14%
•
,
.
-10
3,700 L Nattonal^Supply (The) Pa—
1,900 . / *$2 conv preferred—z———40
„5%%. prior preferred——10Q
560 f
6 % prior preferred-,—*——100
160 1
26%
-
i 82 V -
"•87%:'
.
*24.
14%
*56%
*108
.
*23%
241/4
*96
98%
69
*56%
59
*23%
"14%'
*23%
30
29
29%
28%
18%
,18%
18
18
18
13%
14
14%
14
110
.
.
24%'
*97
98%
59
*108
*108
*23%
96%
*56%
110
13%
14%
24
96%
•
29%
.
'.-•14%.
J
98%
>96
.
*56%
.
■;
9%Z
110
29
28
18%
17,%
••
.
1,200
••
•
24%;
:
-*56%'
1,300/
'
*23% "24
98%
59
' '
*97
.
98% :
x
*56%
;
59
'*
"lO
'•
'
*108
1
■
15
"
*97
59
14%
110
*108
-
28%
29
18%
18:
14%
14
141/4
14%
99%
*98
99%
110
*108:
.29%.
"
k
29%
110
4
29%
-
j
!
3,600
f:
4.200
•
■
18
18
;
.14%
••
■
''14'*
•181/8
14%
„
5,600
99
:
300
'
*98
99%
For
footnotes
*98
see
99%
page 363.
*98
98% .98%
99
♦
Co—i——No parNatomas Co
———No1 par
Nehi Corp———^-^-^No par
Neisner Bros Inc
—--1'
4%% conv serial preferred—ilOQ
Newberry Co (J J)-~~~-~-,No par,
5% preferred series A-^-^100
Newmont Mining Corp———-—10
Newport Industries
-1
Newport News Ship & Dry, Dock—1
$5 conv preferred——,-No par
National Tea
'
.
"& St'l Cast Co——No parNational Oil Products Co———i—4
National ..Power 85. Lt—.,
No par.
National Steel Corp—————25
Jan* 2
Jan .13
.li
• 160
137^ Jan
145
"May
168
28
129
Mar
146
.
/ 57
Jan/ 5
62
Jan 2
2% Jan-2
6
Jan 5
<:
9% Jan 7
16
.
Jan
.
4
4
Jan 11
74% Jan
37.
.106% Mar31
26% Jan
2
10% Jan 12
12
Dec 14
94% Nov 8
Jan
Jan
May 27
13% Dec
17% Mar
36
Jan
4
29%
Apr
36'
7% Jun
-
7
Apr
3Va.Jan
54
Oct
64% July 14
,
15% May 28
S% Jan' 2
14 V4 Jan- 4
Jun
22
,
,
.
Apr
178% July 13
150
6
.14% Jan 13
27
Nov ' 17
1
2% Jan 2
52 / Jan' 5
•
.••'.26%
,26%:
591/2
12%
•
preferred/A——100
preferred1■/———i-'iTOQ;
Nat Mall
:
11,300
/•■ 6.%"
/.
/ .591/8
•■
,
7%
"6%
•
300
30V2:
;
'
100 /
.
'
9%".
14 Ya'
.
'"•'••.59%*. 59%
26%
*83.
5%;
/r14%
,9%
zi9%V
*166%
'"*140%' .i4i% z
19 '
•
9,900 1 NatlonaLLead Co—^—-i-10
'
y
•
10
:Z19%
'
/
141%'
/ *28% '30%'
12%
.
25%'
•
,
.
.167 /
•
'
■
,
15 % ,k
•19.
:
6%'
59%
!
26%
-
•'
*139%
30
.-■/ 6%. ;
12%
26
:
19
29%
.,19%
19%
.167
143
19
301%
6%
-
166% 166%
•i
-
59%,
.
.86
5%
141
•
; 19 %
18%
*30
-12%/.
•
26%
86
87
5%
141 -/
83% ,*83%/
84
*85%
•
■
60
:i9%,
*166"% 167%
:
,
•19%./
:
.
6%
6%
60%
19%:
167 %",
,141% .141%
V 12%
;
,19% •:
.
28 ¥2 Jun
1
2
88
•
Jun
IV2 May "8
5
19% July 14
10 y4 Apr
'
25yaOct
1
98% Nov
10
57% Sep
Aug
17
5
37% Apr
114
1%
43% May
9%
2
80% Jun
;
.
14
May
6% Jan
16% Feb
Jun
45% May
51
Nov
63
Feb
70
Feb
2% Mar
4
Oct
4% Oct
9%
Feb
"5% Mar
.
9%
Dec
11
May
Jan
70% May
.
17
Dec
75%
Sep
28
Apr
39%
Dec
104
Mar
110%
Dec
Feb
8
22%
Apr
30 %
19% Oct 25
21% Mar 30
7%
11r Jan
15%
Apr
Dec
May -6
93%
Dec
102
Jan
109%
Jan
Monday, January 24, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
360
Saturday
Monday
Jan.15
Jan. 17
J per
I per
share
39
22%
22%
71%
72 y8
69%
13
129
%-\7
*126
129
127
*123
*123
54"
'
53%
*
185%' 186
186%
185%
122
i>120%
*120%
122
*120%
lt>%
53%
8%
8%
8%
14%
14%
113%
*113%
*17%
39%
■40 %
*40
Z 40%
5%
-5%
5
5%
*40%
41%
*40%;
41%
13%
13%
13%
13%
18
18%
17%
46%
46 %
4V/2
18%
46%
10
10%
:
105
105
9%
19%
19%
19%
*150%
152%
*35
*64%
*150l/2
66
;y 11%
11%
10%
10%
9%
*46%
9%
9%
103%
103%
16
11%
11%
11%.
9%
9%
26%
26%
*120%
46%
21
16
32 %
'.'7 3
18%
19%
/
55%
y
94%
,•
55%
*93%
10%
10%
■
17
*16
;
v,' *56%
57%
*5%
7
"
14
:.
41%
50%
13%
13%
58%
58%
41
38%
39% ..y. :.y
.
49%
8%
'
*8%
47%
,
*45%
47 yy
21%
21%
50
50%
50%
95
y.y
95
94%
20%
20%
20%
20%
24%
■'
24%
24%
28%
27%
28%
27%
,
:
*106% 106%
115
*11%
114%
yyy
13
45%
*99
146
5%
*5
62%
*5%
5%
63%
62%
7%
*183%
v:
*69 %
12%
13%
177
*170
-
8%
186
58%
14%
61
*13%
,
8%
9%
~9%
61%
*59%
14%
13%
18%
%
9%
11%
88
18%
18%
19 %
"9%
*74
75
*74
*19
:
9%
10%
11%
12
*11%
.
9%
88
74%
18%
*74
18%
19%
19%
*96
46
:
9%
9%
10%
14%
*
120
*1461|
147
440
25
*24%
25
102 %
120
*102%
120
*5%
5%
'.7%
64
5%
64
5%
5%
7%
70%
*69%
70%
12%
12%
:
.
:
*170
177
*170
186
*183%
186
*4%
5
4%
5
5
•
8%
5%
•■*8%
8%
*91%
100
i4%
9%
89%
*74
18%
*19
9%
57
61
*59
*14%
14%
90
9%
y
89%
9%
90
75
*74
75
18%
*18%
18%
19%
*19%
9%
14%
1,200 '
'
,l'
100
■
'
.
20
*9%
9%
89%
*74
18%
*19%
9%
11%
11%
-
150
62
2,800
1
14%
"9%
1,700
90
•
740
75
900
18%
20
200
=
2,500
56%
*119
14
92%
101
36%
57
57
57
57
120
*119
120
*119
14%
13%
14%
22
; 67%
Oct
18
54% Jan
12
64
July
2
13% July
6
2
14% Jan
13
42
16% Jan
/
Mar 15
10
xl6%
6% Mar
4%
Apr
16 /
Apr
13%
Dec
119% Sep
9
160
Oct
11
3% Jan
2
v
,
43% July
1% Jan
7
8%
Jan
106%
Dec
4
20%
Apr
I: 38
Dec
2
90
Mar
101
Nov
45% Dec
July
Apr
17%
Oct
14%
Oct
17
Jan
8
1%
Jan
2%
19%
Apr
29%
.
May 20
13% Aug
6% May 22
fe Mar
13%
May
6
/V 60% Mar
4
20
8
29
7
100% Sep
205/4 July
Nov
8
3% Jan
6
1% Jan
6
9% Oct
*
6
1%
18
5
;
46% Jan
61% July 14
28% Jan
41% May 20
23
Feb 20
13%
*'
20,200
92%
93%
92%
937/8
2,280
100%
100%
101%
620
105%
104%
105%
480
115%
115%
580
118
100
104%
105%
104%
105%
114%
114
115%
115
115%
115 y8
116
117%
117%
*117% 118
38%
38%
38%
*117%
38%
-
& Co class B_
38%
5%
10,400
conv
25% Sep
7%
4
103
Jun
17
14
July
79% Jan
5
100
/ July
Nov
oct
Dec
3%
1% Feb
Jan
8
102
8
7% May 20
68% Dec 27
9
Mar 30
26%
5
7
56%
Dec
7%
Apr
Jan
6
Jan
25
59
Jan
14
9% Feb
4
/
Jan
77% Jun
15% May
•
,
Dec
65
Nov
19%
Oct
May
4%
Sep
Apr
38%
Oct
4% July
6%
Jan
43
15%
May
Jan
8
3
y
68
Jan
10% Nov
1. :
;;
3
165
Feb
165
Aug 31
165
May
175
168% Nov
3
168% Nov
Jan
9
182
170
Jan
4
'
Jan
46
4
34%
:
9
80
Apr
3% Feb
...No par
Nov
May
18
102
Dec
110
6% May
Jan
;
Dec
65
18% Jan
100
79
107% Mar
30
24
146 tt Dec 31
26
May
7
70
_10Q
*14%
1
3
10% Dec
'3% Jan 16
Jan
Jan
"■
Apr 26
50
9
40%
76%
'
Apr
May
109%
7% Feb
42%
Jun
55 %
98
117% Jun
7
13
Jan
Jan
13
Dec
8
7% Jan
2
150% Jan
4
July
90
'
56
3%
7
'10% May 11
5
24.
,
6% Jun
4
Jan
4%
59%
,
8
30
92
Dec
28
74% Dec
2
62
Oct
33%
Jan
Jun
70
6%
Jun
July
,10%
153
Feb
Jan
July
22
14% Jan
Jan
21
Jan
Feb
Jan
6%
Jun
153
17
10% Dec 17
Jan
;
58
Nov
1% Jan
May
20
16% Mar 29
168
4
Feb
5%
Dec
47% Apr
8
52% May 12
75
Mar 31
29
20
18
4
x.
Jan
18 ;
Jan
7
6% Jan
6
6% Jan
14'
24% Jan
4
21% July 16
23% Apr
Jun
13
48% Jan
4
58
114% Apr
7
123
■
Sep
Feb
11 % Jan
6
17% Apr
75% Jan
20
96% Oct
85% Jan
2
107% July
96% Jan
4
114% July
108% Nov 30
129% July
113% Nov
122
26% Jan
18
2
11% Jun
Aug
40% July
3
17
13
5
5
20
20
15
18
1
14%
15%
.
Jan
Jun
18%
Oct
3 % May
5%
Jan
5%
5
1
13% May 2913
Jun
4
40% Jun
No par
Gamble—
Apr
•
■
Jan
32% Jan
Apr
July 30
113
pfd (ser of Feb 1 '29)—100
Pub Serv Corp of N J
...No par
$5 preferred
—
No par
6% preferred.:
——
_100
7% preferred
—
,—100
8 %
preferred—'
—100
Pub Ser El & Gas pfd $5No par
Pullman Inc
No par
Procter &
Jan
28%
3
5
.-1
5
50
Dec
23
1
90% Jun
No par
1
2d preferred—
Jan
6%
6
49
30
917/a Sep 30
Dec 23
104% Nov 29
.—-100
No par
Jan
•27%
22
.No par
-
Feb
Dec
26 V4 Jun
Jan
51%
22~
14
Oct
Dec
297/a
Apr
20
Dec
7%
V
Mar
Feb
71
30
Apr
5
x51% Sep
4
Jan
May
.
4
29%~Mar~29
30
Nov
.
.72%
28
8% Jun
13% Jan
J
Phillips Jones Corp-——No par
7% preferred—*-——
^_100
Phillips Petroleum——No par T
;•
Pnoenix Hosiery
—
5
Preferred ———„——_100
5%
120
100%
93
105%
38
13%
Nov
Jan
10% July 19
2
68% Jan
18% Aug 23
24% Oct 28
23%
47%
Jun
18
,,
8
26 % May
25%
19% Jun
58% May 20
27
Jan
Jan
Aug
108% Feb
Apr
36
18
Jan
20
Jan
4
19
37
Oct
15
•?•
15% Mar
34% Feb
12
Dec
Sep
%
16% May 18
5% Jan
Dec
82
4
36
27
.59% July 23
5% Jan
;
7 29%
60
May
>
7% Sep
4
Nov
2
May
18% Jan
16% July
'24% Sep 20
6% Jan
1%
44
104
Dec
17% Feb
1% Feb
Dec
17% Mar
Jun
Apr
1% Jan
;
11
32% Apr
2
Jan
8
14
32
7 113
108% Jun 18
Apr
56% May
17% Mar 26
Jan,/4
Jan
44
3% Mar 26
45
Jun 29
:
Oct
11%
2% Apr
,
2%
17
19% May 22
11
13
6%
July 10
32
11
23% Jan
Oct
Dec
77
Jan
13% Jan
Dec
Sep
Jan
7
51% Dec
33%
Oct
27
Apr
t
106
80
Cement
3
101
;
2
16% Nov
9
;
July 12
4
1% Jan/ 5
;
Nov
4
■■•■:■
113% July 26
Jany 7
16
11%
7
11% Oct
Jan
1% Jan
8
Apr
5
2% Jan V 2
727% Jan
5%
17% July 15
23% Jan 20
100
Jan
148% Nov
1% Mar
6% May 10
4
Jan
2
Oct
Apr
121
9
7
19
101
Apr
25
28
Jan
74
30
No par
preferred class B„
—100
preferred class A
——100
5%% 1st ser conv pr pfd
100,
Pittsburgh & West Va_„
;
_100
Pitts Young «fe Ash Ry 7% pfd—100
Pittston Co. (The)
——
i
Class A preferred——
,1—100
Class B preferred—100
Plymouth Oil Co
5
Pond Creek Pocahontas—
No par
Nov
45% July 20
28% May 24
22%
2
72% Dec
1%
34
4
22
Pittsburgh Steel Co
Nov
Jan
12
preferred——_
24%
Jan
17 % Jan
preferred
Apr
<15%
15% Jan
Pittsburgn Forgings Co
Nov
20
22
preferred——
Oct
21
31% Dec
91% Jan
Oct
16
Jan
5
Jan
—No par
Corp——_;
—^-3
Philip Morris & Co Ltd——
10
Preferred 4 % % series
100
-.Preferred 4%% series—-100
25%
7
19
preference com-
7
9% Apr
20
33
preferred—--100
8% Jan
6% Oct
,
Apr
23% Jan
147
Sep
Dec
Mar
67% Dec
43% Apr
13% Apr 29
55 : July 23
25% May 20
5
12
5% conv 1st preferred-—
101%
113%
Jan
35% Jan
Pressed Steel Car Co Inc—
57%
38%
46
2
6,900
*35
38
8
2
11%
1,000
105
363.
Apr
16
Poor
12
114%
38%
48
38
Jan
3,600
36%
*117%
Jun
15
Jan
132
Sep. 15
7% Jan
9%
*11%
118
27%
154
28% Jan
5%
1,420
,
■■
*35
*34%
*
...
57%
*165
*165
~9%
8%
8%
*91%
57
60
59%
14
8%
100
57
57%
105 %
118
Apr
5
No par
Pitts Screw & Bolt—
2,400
..'
12%
92%
Dec
143%
8
Jan
Philco
7%
y
y
37
101%
Jun
Mar
15% Jan
.
Jan
17%
105% Jan
Pitts Ft Wayne & Chic Ry—
177
*183%
11%
92
Jan
79
4%
2
i
*11%
101
Dec
6V2
2% Apr
11% Mar
•■■21% Jun
100
preferred————100
preferred-———-100
$5 conv
3,500 '
11%
14%
Deo
30%
Jan
7
prior
6%
150
•
12%
120
12%
Jan
2%
59
10% Jun
7% Jan
Jan
9
2
6% Jan ; 5
Oct
10V4
6% Apr
2
23 % Jan
Dec
34
17 :
Jan
,
x
;
Dec
105
5
pfd-100
1
Pitts Coke & Iron Corp—
2,700
i3%
:
11%
14%
Feb
Sep :
Nov
3%
Jan
/
3% Jan
Pittsburgh Coal of Pa——100
'
3,200
12%
•
600
■
7%
186.
59%
»
Dec
38 / Mar
7%
10% Dec 31
Plllsbury Flour Mills—
—25 ;
Pitts C C & St Louis Ry Ca_—100
•:
65
64
7%
7%.
114%
38
^
'.
70
y.
13%
:
400
U
177
:;n
Sep
17%
Apr
21% July 19
50% July 2
'
146
105%
see page
100
10%
*10
z
6,800
*24%
..
105 %
38%
10
46%
45%
y
1004
y.
99
*11%
*119
120
92%
92%
,100% 101%
For footnotes
i4o
'
'•■■/.;
12% y
.
11%
38
38%
116
12%
57
*117%
12%
; *11%
56%
118
20 y
11%
12
12%
36
*117
>114%
*95
46%
700
y
146]|
24%
70
,
12%
102
14,800 /
■;
!
*170
-
9%
10%
10%
14612
56
19'%
57%
92%
y
46%.
*91%
18%
36%
101%
.
116
*12
,v
64 y2
y
110%
Apr
7
2
—_——No par ..•V.
Petroleum Corp of America
5
Pfeiffer; Brewing Co——
No par
Pfizer (Chas) & Co Inc——1
Phelps-Dodge Corp————25
/
Philadelphia Co 6% preferred—-_50
:
$6 preferred
No par.
Phila Electric Co. com——No par
$1
-4,000
y
108%
*183%
89
57%
92%
13
98
*107%
108 3/4
*114 Vb
116
12%
"9%
36
13%
*107%
108%
'
-
.
*165
58
101%
84%
61
35%
14
84%
8% y;x y-x
57%
*119
85
57%
35%
14%
84%
85
.
*7%
100
74%
/
200
7,100
28
*69
14%
■yy: 600
24%
27%
*5%
y
Apr
28
'
1,200
20%
24%
27%
'
5%
12%
120
20%
24%
27%
63%
7%
*11%
*119
20%.
24%
5% y "
*169
*9%
87%
-
87%.
84
*8%
56%
*169
>169
20%
12% y
59%
;
27%
64%
69%
*92
100
.
21
*102%
7%
69%
y
46% r.V"
46%
47
24%
24%
:''
8%
a//
24%
146
:y y
57%
8%
95
yy
*10
120
5
:y *45%
8%
12,800
,
186
5%
-yy
14,600
.
y.
10%
Jan
4%
20
Apr
6
142
Jan
Jan
8%
1
13
69
No par
Corp.—-—1
—10
96
31%
3% Jan
Pet Milk Co
y i 510
45%
177
*96
14%
■;
8%
.
21%
*12
12%
;
12%
8%
9%
96
X98
*170
62
9%
9
•50%-
*84
*183%
59
*26%
28
20%
186
y
9
'
300
28
Jan
Apr
8
11% Jan
Marquette Ry Co
5%
Jan
14
100
:
14% Oct
6
Coal & Coke Corp
5%
1,400
;
21
-y-
177
5 %
8%
61%
70
:
,•'
:. yy 700
:
95%
95
*170
100
*96
-yy
39%
49%
146
63
13%
58% /
39
27%
24%
Pere
52%
,
53
July 22
6
.
15
:
Dec
:••■■:/'
29 % Jan
100
Inc—-
Nov
85%
41% Aug 18
-
45
Jan
8% Jan
;; Pepsi-Cola y Co—1.;
,
1,600
13%
57%
■
y--.,
.10,600
V
„
21%
46%
:.y; 5%
50%
50
,
*183%
.yy
5%
5
&
7%
:/
7%
70
70
*12%
*102%
63%
■
19
,y
49%
95" "95%
12%
24%
120
*102%
120
;. i46ii
.
900
6%
21%
101
*10
■
24 y2
6%
49%
85
yy: 46%
146 li
32
24%
24%
*24
*102%
10%
*10
;
147
*26%
.
47
*114%
*98
800
.
21%
28
*12
:•
46%':
45%
46%
10%
*10
*14651
13
y
400
'
50%
114%
114%
114%
57%
14
No par
$7 conv pref ser A——
No par
Penn Glass Sand Corp
—No par
5% preferred
—100
Pennsylvania RR
————50 :
Peoples Drug Stores Inc—-—
5
Peoples G L & Coke (Chic)——100
Peoria & Eastern Ry Co———100
■
13%
8%
*107%
101
•
'
-
conv
Penn-Dixie
16,700
22
6
31
Paramount Pictures Inc———1
Park & Tllford Inc———
1
Park Utah Consolidated Mines—1
Parke Davis & Co—
No par
Parker Rust Proof Co————
2.50
Parmelee Transportation^—No par
Patino'Mines & Enterprises
—10
Penick & Ford—;—
No par-
Penn
200
;
yy-50
>107% 108%
107%
: *11%
101
*99
'
107%
»
24%
*83%
85
*84
.
;
.
500
Cos
Penney (J C) Co—
Fenn-Central Airlines,
•
8,000 /
; 1,200 y
y, -21%
f
20%
24%
yy
*114%
9
22.
,/
'
1,300 y
■
■*111%:
27%
57%
-9
8%
-
17 %
Jan
x3% Jan
preferred
:—
—100
Consol'd Corp————1
Oil Corp.
—10
Packard Motor Car—
No par
Pan American Airways Corp
.-5
Paraffme
Sep
11 Va
7'
Apr
23% July
—No par
5.60%
Panhandle Prod. & Ref
39
!(
18% May
116% July
Electric—*—25
Corp-——No par
Petrol & Transp
Apr
Dec
2
2
Jan
36
6%
Pan-Amer
Jan
116%
9%
Jun
101
6
7% Jan
107
»—8
& Teleg—;
39
4
14% Apr
15% Jan 19
f.
50
Panhandle East P L
5,800
■y-
yy
91% Jan
Pacific Western
7,600 ;
■■<?<
40
17%
y.-
50
13%
26%
26%
••yy
8%
20%
yy
6V8
r
y y-
56
Nov 29
8
Pacific Tin
200 ■;
40
&
Telep
Pacific
2,400
2%
*56
48% Jan
Coast Co
-—
--10
preferred non-cum-—No par
2nd preferred non-cum—No par
Pacific Finance Corp (Cal),—
10
2,700
y'y".yv
56% Jun
1st
4,500
22
9% Jan
Pacific
Gas
Dec
192
6% Mar
18% July 21
49% Jan
2.50
Inc
Jan
'
Mar
6%
Pacific Amer Fisheries
3.600 :f
'
a95% y
108
Farm
4%
f
4
Nov
Jan
'
Co—--a—y^-i-No par
Owens-Illinois Glass Co
12.50
5,800
■
122
Jan
Feb
"23%
Apr
113
preferred-/———y———^,100
Outboard Marine & Mfg—
—5
:
15%
Feb
30%
Jun
162% Jan
—No par
Equipment——No par
Omnibus Corp (The)— -——
-0
8% conv preferred A
100
Oppenheira Collins
No par
Otis Elevator
—No par
s
9
38
Feb
% Oct
Mar
Ohio Oil Co
Oliver
7
July
19
143
par
„———j—
26% May
5
Jan
80
192% July 14
—100
Norwich Pharmacol Co
16,000
18%
2%
23
4
21
'
9
yy 24%
85
:y:y
57%
40
Preferred
yy; 400
;
55%
•
95%'
'
.
8%
94%
94
;
>38%
39,
•
9
21%
(
\
39
27%
yy 57%
58%
*57
55%
.
May
1% Mar
4
12% Nov 30
50
pfd .No
44% May 29
W Jan
Lines—— .No par
50
Northwestern Telegraph—
Norvvalk Tire <& Rubber--— -No par
1,900
''29%
yy
i9>.yyy.y-
■18%
y y
22
49%
•
Jan
190
G
1%
%'
29%
y
17%
■yyy *5%
13%
13%
50
-
50
57%
50%
>-yy
v:
•
22%
.
26%
26%
26%
9
9
8%
yy
-
* 1
»
40
27%
-
Va
"
2%
*21%
6%
49%
:
58 %
v
27%
6%
6%
50
14
*26%
26%
'
94
57% :
50%
49
22%
*49%
*57
6
y 40
yy
8%:
57%
58:%
14
26%
*55%
yyy "6
50%
13%
51% H
59
*40%
27%
21%
3
300
,
69
64%;
*111%
y
27%
*21%
54
7,800
■
S
*104%; 105
24
24% ;
■
11
*16%
*111%
Dec
11,900
yyt;
14 %
17
21%
23%
30/
£,.;\
47%
yyy 11
*39%
27%
'<?
yy. 47%
•-•
39%
21%
18
3,900 y
2%
2%
v ; 14% '
■■•:.• .,ir-y,
,
Dec
'"■/•; boo
9V2 -t.yy
■
11
17
.
54
Pacific Mills——
.'-.'f. 6«■•■'■
55%
:
yyy 2%
27%
57%
6
'
6
Pacific
;
:
31% '
14%
2%
2174,;
57
6%
"
28 % Jan
Pacific Lighting
111% i;
95%
2%
40%
'17
109
1,400
•
3%
95
11%
■
May
70
,
V2
14%
14%
..
*111%
*21%
21%
51
f-y.
-
94%
27% :'
:y 27%
27%
21%
:
y 2%
*111%
*111%
27%
2%
y
-18%
18%
*55
y;
94
11%
*16%
'y:
1
1.400
y
13%
-18%
6
,y
6
.•
55%
14%
4i
.
10%
*39%
18%
4
.
*9%
1%
39%
94
14%
17
*16
6 %
18%
18%
*55
Nov
7.800
' pt
150%
-
si%
:
19-
10%
94
14
40%
40%
41
41
;
6
•y;
132
y y 280
y
119%
3%
29%
•
22
80
26% y .y,
4%
:
24%
1%
•
Jan
Jan
,
101
—
840
;/
30%
*150
105
29%
18%
55%
2%
2V2
2%
2%
6%
.
*55
48%
64%
1%
29%
y, 18%
yy
v
10%
:
10%
1%
29%
:
Dec
110
=.v
42
119%
2%
2%
16
111
23%
.
16%
Dec
y-y yyy 300
9% yyy-
*12%
60%
58%
vy-
X
18% y 19
'■
14%
14
y
6
■y
6%
*55
95
14%
19
*18%
24
Apr
60%
Northwest Air
%
21% :-;..yx
9%
*104%
105
12%
20
Northern Pacific Ry
11%
30%
112
*47%
58%
1%
29%
29%
19%
95
-
y
•.
23%
,
59%
.1%
1%
y
24%
;
57%
60%
30%
14%
*55
48%
*104
105
23%
1%
19
2%
*47%
49%
*104
24%
M 19 %
yy; 6%
6%
6%
18%
49%
29%
y
yy
19
*18%'
49%
59%
1%
30%
2%
,.y
2%
•
14
Dec
1,900
26%
31% ;
*9%
111%
,
32% Dec
132
500
46
3%
30%
y-
9%
110%
-
2%
y 105
24
61l/a
*60
-• *1%
30%
'
yy
24%
*9V8
110%
■v
2
7
Northern States Pow $5
59%
yy 41%-
y 13
3%
31%
30%
.
;y
9%
111%
2%
*48%
*104
105
24%'
9%
112
*2%
;:v,
49 VB
49%
*104
,
:V"
3
31%
31%
16% Jan
63% Jan
-
/Outlet.
21%
4%
4%
13
:yyy.; yy-.. 3% V" 4-
y -4
*110%
9%
.
110%
110%
3%
32%
9%
13%.
*13%
■■-y-
4
31%
-y,
:
9%
*110
„
3% :
par
-BO
Oo_—
10% non-cum preferred— -.—50
100
Y Lack & West Ry Co—
4,100
45%;
150 %
*149%
.
Dec
preferred—..No
230
-
:
120%
*119%
4%
6%
120
65
*11%
27
13%
May
36%
*9%
42%
150%
Dec
4,000
153
*34
30%
*26
*149%
yy-.- 4%
.
13
1,800
/•v yy 20:
•
19%
*13%
*41%
120%
4
5.000
9%"
-
19%
16
y 30%
13%
150%
4%
*149%
yyy 4%
13%
13%
*8%
21%
27
■*119%
120:
6% Jan
preferred series—
—50
$%% preferred series—
North American Aviation
I—-50
Northern Central Ry Co-—,
103%
-
y
46
yy 26%
;y,:;
27
26%
119%
4%
4%
3%;
3%
*9%
y,
par
York Dock
Adjusts non-cum pfd— ——100
—10
Nwth American Co——.
103%
r
9%
42
y;
.No
11,400
.11%.
*13%
30 %:
30
42%
Jan
Noblitt-Sparks Industries,— .——-——5
Norfolk & Western Ry— ——100
9%
*150%
x41%
30%
42%
150
150
13%
32 ■:
v
30%
15%
1,500
59
y.: 21%
16
Jan
300
15
L *63%
*45%
21%
*13%
yyy
42%
*120%
4%
ie
30%
27
46%
-h;
21
10%
25.900
65 %
.*11%
yy;, 9%
,
May 22
IN Y Ontario & Western—
N Y Shipbidg Corp part stk —1
46%
'
*13%.
121%
10
46%
21% '
150
*13
y
46%
•26%
121%
*149
4%
■•
26
11
100
18%
59%
59
59%
5
N
45%
yy 9%
36%
*63%
59%;
Feb
par
14% Jan
53.800
•
5.
14%
153
*35
66
:
*65
22
yy: 42
>150%
36%
51
■y,y /.yy 20
*40% " 41%
19%
*35%
48%
30%
42%
19%
150%
21%
30%
42%
9%
150%
■
30%
•:*
103%
9%
103
151%
Dec
N Y & Harlem RR
600
40
*39
9%
19%
19%
;7
35
6%
v.
*17%: 17%
v
,
■
9%
*12%
.
•yy
22%
*12%
:
9%
11%
9%
14%
45%
20
74% July 24
yy:;'
hob
1MOO
113%
18%
66
10%
14%
14%
18
59%
11%
14%'
45%
8%
r
mwi
52%'
*113%
41%
18%
*65
*11%
49
14%
/:
5 7,
;
41%
40%
15.;
:
36%
58%
22%
5
g
g
•
v40%'
27
101
*100
40%
*39
45%,
8%
58%
*47
:%
18%
58%
58%.
40
-
17%
,*17%
/'/
31% Jan
^
8% 7 -9:7,
14%
45%
*35
66
*65
•/
V;
106
*150%
/:/ 36%
*35
37
18
100
N
300
■;/;/
53
52%
113%
18%
19%
19%
151%
14%
.
*52%
.
;;
*113%
"
9% 7 9%
;
.«
•
*39
101
*100
46
*103%
16%
9%
//:, 18.
5%
41%
15 •,%;
17%
m
*8%
*8%
8%
113% ■/
11% Jun
''
52%
101
14%
27 ;
26% July 23
New
8.900
■;
■
16
52%
14%
5
200
.
35%
*120
16%
.
52%
*113%
40%
*45%
y
16
%
15%
189%
121%
189
189%
121% ;
52%.
8%
20
N
1,730
■.
35%
36
189
189%
122 ■■"/ *120%
*100
;
y
15%
;
36
52%
:
is
14
M
16%
12
"70
.
56
%v
15%
%
52%
8%
To
*40%
%
54%
55
54
53%
2
10% Jan
*123
*123
//.— ?■">'
130%
130%
130%:
52%
„
113%:
5%
,104
130%
*52%
101
*39
10
9%
104
.
*17%
17%
130%
Oct
17%
27% Jan
par
100
$5 non-cum
\
Feb
12%
par
1,700
13
33%
35%
'•?"
52%
8%
14%
113%
17%
.?
*100%
14%
113%
17%
14'/a
*113 %
11
101
*100%
101 ,v
*100%
*12
*30%
16
53%
8%
13
32%
share
32%
.No
Brake
—
No
Central-..
—
Y Ohio & at. Louis Co6% preferred series A
Y City Omnibus Corp—— .No
500
*30%
$ per
23% May
6% Jun
13.500
:
Highest
;
I per share
New York
2.800
y
*12%
15%
16%
:
25
13
186%
122
*52%
52%
8%
52%
52%
52%
53%
*53
24%
33%
*121
16%
....
24%
15
y
53
16%
16%
16%
53 %
■
35%
24%
35%
186%
*34%
71%
•A
3A
*34%
35%
70%
: 53
;
186%
*34%
.
71%
24%
129
53
14%
14%
70%
y
Lowest
I per share
$ per share /
1913
Year
4
,,
.Highest
New York Air
78.300
22%
12%
15%
35%
14%
22
70%
*30%
53
15
i9B
14%
21%
*24%
*123
53%
.%
53
%
*%'
,
21%
-
17%
68%
*123
■
17%
21 y8
129
*124
17%
21
12%
>30%
33%
17%
-
Par
500
37%
Year 1943
7 Range for
;'•/ Lowest;'
■,
Share «
per share
37%
38%
*37%
17%
33%
*11
13
**30%
33%
*30%
24%
24%
*12
■
"Z 68%
71
24%
24%
24%
*11
*
22%
21%
t
f per share
\H
16%
17%
21%
71%
24%
21%
38
*37%
the Week
Jan. 21
Jan.20
,
€ per snare
38
.16%
.
>
short
38
38%
17%
17
17
$ per
share
38
17%
*38
-
NEW YOIML STOCK
EXCHANGE
Sales for
Friday
Thursday
Range for Previous
i
STOCKS
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
Jan.19
Jan.18
8%
Jan
Jun
8%
Jan
22%
Jun
29%
Jan
42
Feb
52%
115
Feb
6% July
9%
62
*
122
Oct
Oct
Jun
14%
Jan
Mar
86%
Jan
73% Mar
X99 %
Jan
79% Mar
111
Jan
99
Mar
123
111% Mar
116
20 %
July
28%
Jan
Oct
Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
Volume
LOW
-
Jan.15
!
I per share
15%
111
103
Jan. 18
103
# per share
Y
15 %
15 3A
16
13%
13%
$
share
110'A
110%
♦110
104%
*103
105
20'A
20%
20%
*13
13%
*13
,15%
15%
110>A
♦110%
111
104%
*103%
104 %
20%
20%
20%
Oil
Pure
13
13
12%
12%
10
9%
6 %
1,400
5%
Z
preferred
preferred
14
104% Feb
3
—100
92% Jan
2
par
13% Jan
2
22% Nov
.10
10% Jan
4
15
;
conv
_
—No
11'
Lowest
f per share
Jan
Quaker State Oil Ref Corp.
400
$ per share
Par
Year 1942
Pighest
No par
—100
(The)
Purity Bakeries Corp
1,100
Lowest
;
/
9,900
21
13%
*13
Range for Year 1943
EXCHANGE
200
20%
20'A
13%
15%
*103
Range for Previous
STOCK
Shares
110'A
1103A
104 »A
20%
I per share
per share
NEW YORK
the Week
15%
157/e
1103A
103
20'A
16
ver
for
Jan. 21 ;<
Jan. 20
103'A
*110'A
20 y4
?
Sales
Friday
Thursday
Jan. 10
,<
15%
..
STOCKS
HIGH SALE PRICES
Wednesday
Tuesday
I per share
16%
*110
AND
Monday
Jan.17
Saturday
per share
19% July 19
114% July 22
107% July 23
7
Highest
t per share
Apr
11%
90% May
80% Jun
106%
92%
Dec
5
9% Mar
14%
Nov
July 26
8% Mar
10%
Oct
Dec
Dec
,/../
R
10
*70%
Y
9%
105
70%
9%
9
9%
9
107%
105
106%
X89
29%
29
10
29%
70%
70%
70%
90
29
70%
70%
9%
37,100
90%
*28%
29%
91%
29%
500
17
33 %
33%
28%
:
•
"
13%
13%
13%
13%
13%
13%
13%
13%
13%
29%
29%
29%
29%
29%
29%
29%
29%
16%
17%
16%
17
16%
17%
17%
17 %"
v:
34
33%
33%
*32%
35
*32%
35
*32%
33%
/.
27%
♦27%
28
*27%
28
*27%
95
/
*27%
6%
:
27%
28
95
7%
*7
7%
6%
95
*90%
v.
'
28%
*6%
6%,
Rayonier
1,600
17
*90
95
-vZ
,
100
7
.
100
*90
•/
•
4,800
100
100
21
Jan
29% Jun
2
15% Jun
32
14% Jan
22% May
3%
Dec
54%
Dec
Jan
22
Dec
7%
ju.»
12
Dec
23% July
26% Feb
5
11%
Apr
15%
Nov
NOV
Aug 24
26% Jan
20
35
Nov
5
23% May
28%
22% Jan
22
30
Jun
5
20
23%
3% Jan
14
.100
2nd
.50
preferred- -50
—5
1st
Dec
Apr
Jun
15%
26
11% Jan
26 % Jan
Dec
69%
34%
7
:_5o
66% Jan
preferred
Hosiery
Preferred
40
54% Jan
6
2% Mar
46% Mar
1
101% Dec 30
-1
...
non-cum
Silk
100
4
2
10% Jun
.25
Inc
non-cum
4%
Real
12% May
71% Oct
Jan
3% Jan
No par
preferred
4%
300
.
—
Reading Company
2,000
7%
7
7%
$2
2,600
Z
.
preferred
conv
4% Jan
59
.__1
Raybestos Manhattan
2,100
29%
34
17
*27%
13%
29%
13%
29%
6%
10,720
*28%
*
No par
No par
$3.50 conv 1st preferred
Radlo-Kelth-Orp" mm
1,200
9%
91
'/
Radio Corp of Amer.
29,400
9%
9'/a
90%
%
I
/
10
70% /
70%
9Va
29
29
9%
16%
13%
29%
."V *90%
70%
9%
105
29%
*6%
9%
*
107
*28%
9%
10
10%
10
.
71
9»/8
•/
70%
10%
6% Dec 24
May
1%
Sep
3% Nov
Jan
8
80
23
39
Jan
70
20
Jan
8
Apr
22
Jan
5
86% July 27
13% Sep 20
20
May 6
11
6
6
Deo
Nov
Dec
'
*
*■'
56
57%
55%
56%
12%
12%
12%
*12%
12%
*12%
12%
*18%
19%
*18
19
*17%
19
19
19
16%
57
56%
12%
19 —
■
16%
16%
16%
16 Va
16%
16
89
89
89
89
89
76%
77%
76 Va
77%
77
78%
9%
8%
*8%
9%
Reis
Reliable Stores Corp
Reliance Mfg Co
100
16%
*86
(Robt) & Co 1st pfd—. 100
,„No par
-10
300
'
79
76%
9
9%
9%
18
17%
*100
*100
103
*87
18 %
17%
89
17%
*100
89
*89
91
88%
7%
7%
7%
84
84%
84%
85%
66
66
66
7% Z
7%
*11%-
29%
29%
7%
7%
-
*90
'
7%
91
87
66
66
66
66
11%
11%
11%
87%
87
87%
9%
9%
9%
29%
29%
29%
29%
11%
11%
87
87%
9Va
" 29%
*
29%
'
9%
9
39
*37%
39
*36
14%
14
14%
9%
9%
13%
13 '/a
*6%
9%
*13%
6%
'
"
13%
6%
19
18%
*26%
15%
*44%
45 Va
45%
./3i%
32%
31%
♦
ZZ
44%
44%
■Z
7%
K
Z
s
"
%
4%
44%
2,800
Roan
13%
:
26%
15%
/
31%
45%
31
31
;
'
%
39a/a
800
18%
.:/•
•
27%
17
46
*3%
/ ."i;;*6%
44- ;■
44%
112
*113%
'
*%
*%
%
%
*3%
4%
*3%
*6 %
9
*6%
ft
f
.ft
%
A
St
"■</:
4%
*3%
44
4%
*6%
9
9
;
38%
*105%
106
106
39%
106
*39
39%
;
106
40
*39
40
*111
112
111
111
*110
111%
*109%
110
109%
109%
*109%
109%
22
21%
21%
21%
3
*2%
107
107
106%
39%
39%
X110
110
*
108 %
109%
22%
22%
*108%
*108%
110
12.000
No par
100
5
5
-100
No par
No par
..No par
v
♦21
r'.
*2%
2%
18%
18%
18%
17%
/
14%
15
14%
67
67
12%
12%
74%
12%
12%
74%'
*72%
z/z
*2%
88
87%
18%
12%
15
17%
'■<
109%
22%
22%
23
1,600
*2%
3
100
87%
88
4,800
3
,/
88 Va
17% >18%
18 Va
Seaboard Oil Co
Seagrave Corp...*
Servel
9%
9%
*9%
9%
50%
49
:'Y 24%
24%
24%
9%
49
*48%
24
24%
$5 conv preferred
12%
12%
73%
72%'
72%
300
12%
12%
*72%
:
Sharpe & Dohme
—
$3.50 conv pref ser A
4,000
•
73
9%
*9%
9%
9%.
*48'/a
50%
*24 y2
25%
3%
3%
*26 y4
26%
26%
*251/2
26%
/ *25%
*49%
9%
9%
9%
900
Shattuck
50 %
*49%
50%
100
Sheaffer
24%
25 JA
2,200
*3%
3%
500
27
26%
"26%
26%
26%
26%
10%
11
25
25
'
*3%
10%
39%.
27%
26%
26%
26%
25%
25%
11%
10%
11
39%
.
17%'
39%
39%
40
17%
17%
17%
-
:
.
*3%
3%
11/
11
39 ya
39%
17%
•
39%
*17%
10%
39%
ID'/a
17%
17%
..
1,900
31
*22%
23%
30%
27
12%
,
12%
*22%
31
26%
31%
127
>
12%
*30%
*22%
/
31
23%
30%
23%
30%
26
26%
26%
12%
12%
12%
"
30%
12%
:
26%
12%
>
3%
32
3%
3%
*3%
3%
3%
3%
3%
31%
31%
31%
30 3A
31%
31%
31'A
31%
35%
34%
35%
34%
/'
34
149
*145
149
*145
3%
31%
3%
3%
34
Y 34%
*145
34%
*145
149
23%
23%
23%
23%
23%
13%
13%
13%
13%
13%
26%
26%
29%
/
*55
5%
26
26%
38%
*36
38%
*36
59
*58
'
*58
59
*58
59
'
59
6%
53%
/ "
36%
*110%
36%
36%
110%
*35%'
110%
110%
*110%
62% .62%
115
*113%
62%
62%
*113%
25 %
6%
52%
■'Z.Z
54
54
,54%
54
6%
6%
6%
6%
62%
62%
115
115
*108%
109%
109%
110
109%
29%
29%
30
29%
29%
113
*110%
111%
*110
"
*%
•
if
1
35%
35%
35%
,
/
3
•2%
3
3
2% "
35%
35
41%
41%
42
41
41%
37%
37%
37%
37%
34%
341/4
33%"
34%
54%
54%
54%
54
54%
40%
62%
109
111
*109%
111
'
35%
41
37%
34
541/4
54%
40%
,
100
35
41%
lira 1—»■
—
Mobile & Ohio stk tr ctfs
.No
29
*28%
28%
28%
28%
*281/2
29
65
64%
643/4
64%
64%
64 3A
65
Conv
280
29%
4,600
$4.50
preferred-
Square D Co
1,700
2,500
3
$4.25 preferred'—
Brands,
Inc—
1,300
$4
13%
13%
13%
13%
10
10%
13%
13%
10%
10%
*15%
8%
8%
8%
*15%
16
16
8%
8%
14%
15
14%
15
14%
14%
58%
58%
58%
58%
59
59
123
5'A
5%
%
*122%
6%
5%
5%
6%
123
♦122V8
123
18 3A
18%
18%
77
77
8%
14%
*58%
123
300
65
13%
13%
10
*9%
10 Va
*15%
16%
1,400
13%
13%
7,600
10
"•
ioy4
3,000
*15%
16%
100
8%
8%
14%
14%
14%
14%
15%'
59
59
59 y2
60
60 y2
123
123
8%
8%
123
*122%
8%
4,500
28,500
1,600
123
30
5%
*5%
5%
5%
5%
5%
5%
5%
4,400
6%
61/2
6%
6%
6%
6%
6%
6,500
1.700
18%
18%
*76
V78
18
*75
18%
79
21%
23
22%
22%
*29%
31
31
31
*30
8%
9%
8%
8%
27 y2
27%
27%
27%
For footnotes
see
page
363.
8%
cm
•
22
*21iA
22
31
*30
31
8%
27%
*
8 3A
27 3A
9%
28
$7
cum
17
31
Dec
59
July
Dec
11
17%
Apr
Dec
24
Nov
.
3
5
60
64
13
42
July 14
116% July 13
Sep
25
110
31% Dec
108
Dec
40%
Apr
109 Va Aug
115% July 30
A Jan
2
2% Mar 13
1% Jan
4
6% Mar 13
89% May
4% Jan
45%
Jan
38% Jan
114
Feb
49% Jan
113
Jan
110*
Jan
Sep
% Apr
6% May
2%
Oct
11%
Jan
13%
Jan
29%
Dec
38% Dec 21
10 y4 Jan ,'"5
44% Dec 20
40
May 8
6
Apr
Jan
'
/*
5
9
Jan
17
Sep 27
7
,
2% Sep
Sep
27% Jun
29%
31%
%
Ost
28% Jan
18
Mar
;_25
28 Va Jan
12
38% July 14
20
2
30%
47
Dec
37% Jan
4
25%
Apr
40
Nov
Nov "29
21
45% May 26
9% May 5
Apr
Apr
29
46% Jan
2
31% Mar 31
.i——,—25
Spring.—.———1
Starrett Co (The) L S—No par
Sterling Drug Inc.—
———10
Stewart-Warner Corp
—
5
Stokely Bros & Co Inc
—1
5%
prior preferred
—20
Stone
&
No par
Webster.—
5 V4
25
Jan
8
58% July 30
7% Jan 12
60
Sep
66
May
14% Jun
4% Jan
14
14% Dec
xl7
July 12
Sep 29
10% May
5% Jan
1
7
7
1
5% Jail
15% Dec 31
Sun Oil Co—.—.—No par
48 Va Jan
63% Mar 30
Studebaker Corp
(The)—Y—
Class A
pfd (4%%
Sunray Oil Corp—
cum)——100
1
700
Sweets Co of Amer (The)
1,000
May
No par
200
31
Nov
35
Standard Oil of New Jersey—25
Btandard Oil of Calif—.
.Standard Oil of Indiana
9,400
22%
*30
Feb
61
lOOTs Jan
30%
*22%
31
3%
6
4
-No par
.No par
29%
217/a
Nov
18
Aug
Jan
Aug 20
Dec 30
27%
21%
*30
1%
6% Sep
Oct
3
2% Jan
33
July 31
27%
100
""
22
Apr
70
9%
18%
80
'
1%
117
9%
*18%
*77
6% Jun 30
10
9%
18 y4
78
50 % Mar
Jan
*8ya
18%
39
Jan
49
Co..———10c
Superheater Co (The)
No par
Superior Oil of Calif——.——25
Superior Steel Corp—
100
Sutherland Paper Co
—10
*76
Jun
34%
112% Nov 17
107
NOV 29
.No pat
No par
preferred—.No par
prior preferred
No par
Standard Oil of Ohio
28%
16
23%
6
Standard Steel
6%
.
6%
77
97/a
16
5
5
28
preferred
1,000
64%
49% May
66
Apr
Jan
$6 cum prior
5,600
28%
Feb
9
Jan
—No par
Standard Gas 8s El Co
7%
65
18%
-No par
—
41%
29
12% May
33
.No par
pref series A
Standard
par
1
100
conv
$4.50 preferred
111
14,900
65
5
109
;———
preferred
Squibb (E R) & Sons.
5%
'/■ $5
54%
*28 y2
Nov
30% Apr
Jan
54%
7
18%
2
7
54%
41%
Jan
Jun
2
54%
7%
21% Nov
.«12 %
7
Jan
3,200
41%
Apr
9% Apr
10
.
35% Jan
11,700
7y8
14%
5
.No
14,900
41%
par
6
11
21% Jan 26
1
—-i,
—-—.
Apr
14% Sep
30% May
10% Jan 13
Spiegel Inc—
37%
7Va
par
25
Jan
144% Jan
Mar
600
35
V
,tm » ■■■
122% Nov
Jan
26%
17% Jun
6
37
33%
41%
13%
2
8
Jun
15%
Apr
60
41%
71/8
10
21% Jan
30% Sep
149% July
14
Dec
2%
Sep
37
41%
16
15
16
Nov
10%
Mar
33%
7%
9%
Jan
29% Dec
!;/
21%
37%
41%
*15%
2
20'A Jan
132
6
49
33%
41
——
15%
1% Mar
Apr
:
30
33%
7Va
18%
11
5
Sep 20
8% Sep 22
37%
37%
33%
41%
*74
*2%
20% Jan
35% Mar 15
'
7%
6
*109%
3
7%
*122
110
29%
35 %
*40%
8%
109%
15% July
9
Apr
6% Mar
10
44% July 24
115
29%
7%
13%
.*61
*113 Va
*%
2%
"2%
35
*64%
'
16% Jan
19
.
1,500
;
110%
62%
109
29%
*
30% Oct
18
50
*61
Apr
7,000
6%
54 y2
19%
,
32% Jan
700
115
*28%
Z
2
Spear *& Co
r $5.5) preferred
Nov
56
36%
41'/a
41%':
11
15% Nov 30
2lA Jan
non-cum
Dec
27
23% Nov 30
36%
7%
-
28% Jan
15% July 15
Railway
17
—.1
110%
41%
•
6V2
54
f
Xl3% July 14
45% Sep 22
4% Jan
11% May
20% Aug
5
25% Jun
'
•"
27% Nov
.No par
2
35%
*113y8
29%
2%
37%
34%
54%
.
42
37%
34
,/
28
2
.No par
110%
110
35
'
2
Jan
Jun
Sperry Corp (The)——
Spicer Mfg Co
—
$3 conv preferred A
35%
n
3
6%:
54%
2%
7
May 29
rso
5,400
>
110%
62%
*109%
35%
6%
53%
•
115
29%
ii
.
35%
110
112
*109%
59
35
Aug
18% Dec
20
30
Apr
16% Jan
1
.No par
38%
*58%
111
*1131/8
109%
*29'/a
*36
30% May
10% Apr
Oct
Jun
5
5
Dec
Nov
7% Nov
57
2% Jan
9%
66
Spencer Kellogg & Sons
800
26
38'A
59
6'A
62%
z
25%
26 Va
,
30%
*58%
Apr
Apr
4% Mar
39% July 16
Sparks Withington,
62,700
-/;/
30%
30%
25%
5%
;
5%
57
*36
54
*110i/4
♦112%
*5%
*52
59
351/4
111
5%
5%
5%
57
38%
6%
36%
*35%
.
90
4%
64%
2
5%
5,400
56%
*56
56%
30%
26%
-
52%
<
*52
30%
30%
*36
26 %
*5%
5%
57
37%
26%
*36
5%
5%
*5%
*52
30%
*55%
56%
5
8
Jan
11
29
-31% Jan
4
17% Jan 14
6
44%
30%
10% Jun
2% Jan
44
*29%
73% May
.No par
44%
30%
16% May
7
8
12
44%
56%
10% Nov
60
2
Southern
Dec
Apr
Deo
19
*» *••••••
11%
Nov
8
Jan
Corp—
Typewrlter.No par
J'mid
Southern Pacific Co
62%
62
20
42% Jan
44%
*55%
43% May
47/e Jan
6
17% July
5% Jan
21
Dec
3% Mar
73% July 26
„
64% Jan
100
44%
Z
30'A
25
preferred.— —100
/Z>
57
5%
18% Sep
45
44%
56
5%
13
44%
44%
57
10% Jan
15% Jan
35% Jan
44%
5%
30
No
22%
.*5%
90% Dec
36,800
44
*52
12
23%
22%
5%
59% Jan
22%
22%
5%
Dec
15% Jan
22%
57
1%
96,500
22%
5%
10
27%
22 %
*5%
4% Jun
26%
23%
*52
8
No par
22.
5%
Jan
2
Southern California Edison-—25
—7.50
Southern Natural Gas Co
23%
5%
17 Va
3,700
.22%
57
113%
Apr
2,500
*
Dec
Jan
10%
13%
27
Jan
106 '/a
1
23%
26%
Dec
116
26% Jun
13%
267/a
39
25%
24ya July 19
23% Nov
1
Corona
preferred-
Oct
Apr
109% Aug
Mar 23
98
4
10% Jan
8 %
Dec
May
14
22% Aug 16
Southeastern
30
21%
Dec
23%
261/4
*5%
5,400
■■<■■■/"
Jan
Apr
16% Jan
105
13%;
27%
sk
112
19%
78
16
24
>26%
*52%
Feb
13%
26%
"
115
23%
*145
145'/a
26%
.
4
Deo
12%
1
145%
-.26 %
:<•
Feb
13%
13%
57
1,300
34%
43
Greyhound Lines
5
South Porto Rico Sugar—---No par*
5,900
147
14.
24
x233A
13%
_.25%
3%
31%
36% Dec
7%
x9%
107% July 24
15
15% Jan
Smith &
2,100
23,800
29%
17
Jan
149
23%
'V
34%
34%
34
•
44% Dec
12.
—No par
—.10
&
Jan
104
114
Socony Vacuum Oil Co Inc.——.15
South Am Gold & Platinum——1-
Smith (A O)
800
30%
*26%
12%
26%
12%
-
30%
25%
'
7
10% May 25
$1.20 preferred..—
23
*22
23
30%
26%
.12%
*22%
'
31%
Steel
Sloss-Sheffield
Jan
110
47% July 24
Sep 17
12% Mar 26
7
6% Nov 30
109% NOV.
44
Jun
Jan
No par
——.15
Iron.—20
Oil
Corp.,
Skelly Oil Co
!
700
17%
17%
Sinclair
20,300
Jan
105% Jan
Apr
Jan
5
Mar
Jan
■ft Nov
1%
Sep
Sep
Sep
2
8
13
Dec
10
Mar 11
9
24
8% Jan
No par
34%
May
Jan
14
19% Jan
21%
Jan
7
-No par
13% Nov
47% Nov
%
4
Simonds Saw & Steel.—.
600
May
23
36% Mar 30
5% Dec
Coalition Mines——_5
Simmons Co..
1,800
/
39%
*39
Silver King
Feb
7
A
Jan
"
;23%
12%
3%
17%
39%
27
•;>Z'z:. 3%'
10%
11
*22%
,
*25%
27
26 %
Z.-Z 17%.
3%
26%
26%
26%
■
3%
3%
(Frank G)_
16
34% May
9
1
Jan
(W A) Pen Co——No par
-15
Jan
Nov
6% Nov
1
9
No par
No par
—No par
9
9%
1% Mar
54
Union Oil.————
Shell
■;
Apr
Apr
Jan
3% Mar
No par
Sharon Steel Corp.—
370
12%
50%
1
800
67
Jan
6
3 Va Jan
96
Oct
Jan
54
2
:
—No par
15
66%
*72%
24%
No par
Inc..
*14%
-■r-: 12%
: 27% Nov 30
_5
—
*
14%
'
/ *48%
No par
;
Sears Roebuck & Co
12,500
f'
^f Del.
67%
*14%
67
67
$4 preferred.
80
109%
109%
67%
75
*72
%
87%
*14%
68
12%
75
*22
3
18
14% ? 15" />
*67
109%
*2%
/V-:
18%
18
•V
67
,
■
2%
87%
14%
67
.
/
87%
87%
87'A
87%
87%
3
22
31
Jan
35
Jan
27%
Apr
6%
1
■
Jan
6%
:
28
50% Aug
100
Paper Co
$4.50 preferred
40
110
Oct
18% Jun
4
100
Scott
39%
x38 'A
28
6
43
preferred
300
39%
39%
7
11% Jan
3% Jan
non-cum
8%
3%
4
20% Jan
A Jan
Oct
Jan
5%
31% Nov
July 19
19% Dec
10
74
85%
x20
9% May 8
21% Dec 28
...J
100
39%
39%
38%
110
12
17% May
Jan
5% Jan.
No par
Jan
14% Oct 31
7% Jan
9
100
39%
38%
39'/4
2,300
■
/ 2,600
;
39% July 21
12% Sep
May
75%
2
III
—,
-
39%
7%
7%
34% Feb
preferred
400
112%
7%
7%
32'A Jun"
Francisco
non-cum
106%
43%
112%
7J/a
7%
25% Jan
7%
129% Mar
6% May
Apr
1
11% July 13
No par
—_
(The)—
Louis-San
5%
'
106%
Co
93% Jun
Jan
86%
3% Mar
15% July 19
2
Jan
5% Jan
-10
fSt Louis Southwestern
20
7% Jan
80
...No par
No par
♦105%
43%
112%
7%
7%
64
-10
106%
43%
112%
7%
20
Safeway Stores
6% preferred
Savage Arms Corp
Schenley Distillers Corp
5 % % preferred
44
112
r
v.v
43%
•/
9
112
43 3A
112
.
Feb
Co__
Typewriter..
6%
50
4%
"
70
.100
Joseph Lead
ISt
500
3,600
■
59% Nov 29
$2.50 conv preferred—
2,700
•
u
.100
Rustless Iron & Steel Corp
230
31 %
31
%
;v/. %
%
78% July
Deo
100% Mar
Jun
18
Antelope Copper Mines—
Ruberoid
300
I 9,900
:
4%
7
Feb
Dec
5%
Dec
98
—
Mfg
Royal
1,100
■
17%
46
,/
•31
30%
18%
*26%
17%
46%
15%
*45
38%
•v
■
-
6%
27%
'
.
13%
6%
19
*18%
L *26%
15%;
45%
Z
26%
13%
6%
*6
19
*18%
///■
15%
13 Va
♦13%
6%
Rheem
70
20
No par
Richfield Oil Corp
Ritter Company
7%
7%
39-/4
800
9%
'*%
6%
*112
112 -.?■> 112
14%
9%
6%
46%
31%
•
'•/
6%
9
,
:
4'A
•
4%
*6%
14%
9%
'
V,
78
4%
.
V
27
*45
1SZ
14%
*13
18%
"15%
31%
»%
v--' *%
•%
v
45%
*14
9%
6%
18%
15%
14%
300
Nov
19
76
—1
37%
9%
9% Apr
49
.100
Tob class B
(R J)
Common
37%
*36
5% Jan
Dec
Mar
Sep
*94% Jun
28
...1
9%
13%
27
27%
15
15
8,800
88% Oct
Deo
13%
24
73% Jan
Dec
13
38% Jan
2% Jun
6
101% Dec
.
71%
x55
20% July 14
95 % Jan
No par
Spring
*36
9% /•
*6%
18%
27
*18%
"/: 27
*13
6%
29%
29%
-
10% Apr
Jan
16
7% May
5
27
74%'Dec 23
4% Jan
14
Oct
—
39
*36
14
9%
29%
29%
93
Dec
7% Feb
10% Mar
,—„
preferred.
conv
Reynolds
Reynolds
42% Jan
—1
19% Jun
.100
ser A
preferred
5% %
370
2,000
4
100
preferred
prior pfd
14%
39
13%
14
9%
V
*36
,
V
20
100
...
Jan
69% Jan
No par
Reynolds Metals Co
1,600
;
/•/••.
•
conv
5%%
390
11%
Saratoga RR—
Inc
Revere Copper & Brass
7% preferred—_
180
Z
conv
6%
200
3,500
87%
9
5
V
6%
.
66
&
Motors,
Republic Steel Corp
.
'•
11%
11%'
87 %
9
:
•
87
*86%
11%
87
9%
/
v
'
.
7%
87
66
87
Rensselaer
Reo
13,800
90%
7%
7%
7%
87
'
102
*90
86 %
87 %
:
9%
91
17%
*100
87
11%
•
87
9%
*90
102
*100
67
*66
66
;
102
*
9%
11%'/
87
*100
103
8%
17%
17%
17%
4,270
1,600
80
78%
8%
9
9
'
17%
17%
17%
103
84
.
/
9
12
1
Preferred with warrants..
"
74%
14% Jan
..25
Remington-Rand
4,300
89%
16%
16%
Z
19
*17%
89
77%
*87
330
12 Va
300
56%
12%
•
89
16'/a
16%
89
*87
55
55%
*17%
57%
55%
*12%
*56%
*12%
Sunshine
Mining
—
Swift 8s Co
—
122
130
Apr
4% NOV 30
Sep
29
6
Oct
1
3% Jan
2
12% Jan
2
22
May 28
23
14% Jan 20
82
May
58% Feb
26% Jan
4
22% Dec
34%
Jan
42
62
Dec
5%
Apr
Jan
3% Mar
4
3%
43
116%
Apr
Jan
Apr
Apr
8%
Nov
4%
Jan
~6%
Nov
6% Nov
55%
128
Jan
Dec
18
7% Apr
Dec
5%
Jan
liya May
15%
Jan
~9%
16% Dec
26% Dec
7
32% July 23
33
_3% May"*
July 24
12 Va
4% Feb
1
12% Jun
—..—..25
22% Jan
2
27% Nov 19
5
May
17% Feb
3% May
20
Sep
4% AUg
Jan
25
Monday, January 24, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Range for Previous
STOCKS
AND HIGH
LOW
tfatnrdaj
Monday
Jan. 17
Jan.18
t per
f per share
$ per share
I per share
share
29%
29
29%
29%
29 %
29%
28%
29
31
31
6%
6 %
6%
31
30%
31%
31
32%
31%
30%
32
6%
6%
6%
31%
Sylvania Elec Prod's Int
14,100
%
6
.
2,500
6%
31
6%
6%
6%
6%
8wlft International Ltd
.
22% Feb
4% Jan
No par
i
$ per
-
15% Aug
8% May 20
2
1
29% Nov
19 % Mar
22
8
3% Aug
35 % July
share
per
share
per
share
35% Apr
8
8
27% Nov
—
Symington, Gould Corp
Lowest
Highest
Lowest
Highest
I per share
Par
4,800
28%
28
28%
28%
f-
Shares
$ per share
$ per share
EXCHANGE
Year 1942
1943
Range for Year
STOCK
NEW YORK
for
the Week
Jan. 21
Jan. 20
Jan.19
Sales
Friday
Thursday
Wednesday
Tuesday
Jan.15
SALE PRICES
v
25 Va
Dec
5% Jan
T
*7
7%
*7%
*43%
5
*4%
45
5
*4%
45
*4%
5
5
11%
11%
48%
48%
48%
48%
48%
11%
11%
11%
11%
11%
48%
49
48%
49
4%
5
5
34%
35
35
35.
34%
15%
15%
15%
15%:
35%
15%
15%
15%
•
9%
20%
20
20%
13
13%
14
14%
,51
51%
*50%
4%
12%
34%
34%
34
2%
26%.
26%
27
48%
49
49%
48%
48%
48%
49 %
8%
8%
8 Va
8%
*18%
19%
3%
3%
19
*18%
13
19
12%
*12%
9
9%
9%
22%'
22%
22%
22%
22%
30
30 Va
29%
30
29%
*100
lOOVa
9%
9%
7%
7%
75%
75'
3%
3%
89%
100%
7 Va
*100%
100%
7°/8
7%
7%
74%
9%
9%
55%
55%
53%
53%
55
10
10
10%
10
10
9%
82
81%
82
81%
81%
80%
:
113
100
99%
115%
*111 %
19
95%
*95
27
*26%
27
105%
24%-
23%
102 %
102%
20%
20%
112%
112%
64 Va
64 Va
25
25
113
116 %
*115%
112%
*111%
113
19
18%
19
18%
99%
99% 101
28%
10,100
V
104%
*104
23%
102 Va
1027a
102%
22
64
25
25
*24
25
1% ;•
13%
13%
26
6%
7'%
54 %
52%
8%
8%
28%
*28
78%
77%
*101
101%
101%
4%
18%
73%
73%
10%
10%
44
*36
37%
*5%
17%
112
54%
54%
*8%
8%
8%
8%
8%
8%
8%
8%
27%
28
28
79%
79%
80
9
32
*41
41%
*38
38 %
2%
2%
28%
28%
101%
101%
*4%
4%
4%
4%
9%
9%
9%
9%
17%
*110%
6
*8%
32
*41
37%
73%
73%
171
*168%
-
11%
44
43%
43%
36
36
18
111
6
6%
9
41%
37%
*36%
37%
2%
2%
2%
2%
42%
131 Va
*130%
122%
122 %
24 Va
57
50
74
122
24 %
*47%
3
3
3
77
77
*75
*71
122%
122%
24 Va
122%
24%
50
*47%
50
*4734
3
*2%
3
*2%
24
23/4
*78
73
4 Va
:
4%
,
r.
*75
15%
.
73
*70
169
*164
■
169
500
32%
37%
1,100
j
2%
13,600
42%
6.100
132'/a
42
132%
1,000
*54
75
*72%
74%
53 Va
53%
122%
243/s
8%
U S
1,600
122%
24%
•
24%
3
*2%
4%
2%
82
16
4%
4%
*35
73
72
72%
*71%
169
*164
'
30
%
$6
.
non-cum
19%
9%
18%
9%
19
9%
39
40
*38
117%
*117
*117
18%
9%
19 Va
.1.8%
18%
*9%
19
10
*9%
10
39
39
'*39
*37%
9%
38%
39
18 Va
18%
10
10
Preferred
Universal
-
39
117%
*117
117%
*117
117%
117%
117%
*41
42 %
*42
42%
42%
42 Va
*37'%
*117
-
42 Va
*62%
67
*62%
67
*63
67
*63
69
*63%
69
*65%
69
*65%
68
*65 Va
68
22
,
*65
70
*64
70
*64
*21
22%
*21%
22
,21%
21%
21%
21%
*21%
4%
4%
4%
4%
4%
4%
4%
4%
54%
55%
4%
56
54%
117
*115
40
*39%
*115%
*39
.
54
.
39%
*33%
34%
34
34
*103
108
108
*143
—
*143
*
54%
116%
116%
39%
39
108
116 %
54%
39
105
2,500
116%
39
*34
*103
34%
108
41
*39
39%
*39
*34%
70
39%
34%
140
>
40%
39%
*38
*104
108
34%
*104
34%
700
V
.
-
300
Mar
22
10
July
10% May
97
Dec
34%
Jan
May
31% May
7
43% Jan
.
i
108
5
4
Jan
6%
Dec
25% July
8
7% May
18%
Dec
16% Apr
6
8
8%
Jan
12% Mar
% Mar
2% Nov
May 25
4% May
Leaf Tob_;
1.
par
No par
preferred—_-4—1—^—100
•
Jun
71
5%
Jun
7%
Jan
,7% Aug
16
Oct
:
34 Va July 14
19% .Jan
26% Nov
'9% May
Oct
101
13
•9% Jun
1
1%
77% Jun
18
21%
11% Jun
10
July
59
Jan
78% Nov
7% Nov
28%
2
Apr
29
108
114% Oct
19
10
20
74%
Jun
81% Feb
Oct
33% July
Jun
Jun
y36% Jan
89
Apr
104%
~9%
Mar
113
37
Jan
2% May 10
15 Va Sep
4%
13% Dec 16
2% Nov 17
30VeNov 13
59 V* Jan 15
Jan 12
Dec
18
8% Dec
Apr
Dec 24
96
Jan 30
9
3% Nov
1% Apr
,
3
5
Apr
8
25%
Jun
76% Sep
21
48 Va
Jun
2% Dec
30
29% Dec
10
Dec
Jan
50
33 Va Aug
9% Jun
23
July
66
35
100
.
3% Mar
11% Apr
6
~2%
Sep
4
99% Dec 23
2 Va
77-%
Apr
5% Apr
13% May
Apr
6% May
July 13
19
40 % May
75% Oct 20
159
181% Apr
17
10 Va Oct
29
44% Nov
1
May
!;V 4% Apr
■
-6% Sep
Feb
>35
72%
Jan
16% Oct
"4"%
Feb
5%
Dec
Feb
87,
11% Jan
Dec
64
174%
Dec
6% Jan
■'34%
Jan
41
Sep
24 Va
Apr
34%
Jan
2 Va
Apr
4% July
14% Oct
x42% July 14
1. 7% Apr
'•!
26
19% Apr
8
7
Jan
7
99
Jan
37% May 25
22
May
9
2
26% May
30% Aug
20
32%
Dec
1
Mar
27%
Dec
114 Oct
.;
Jum
114
8Va July 19
■
9% Jun
42
,
10
July
44% Jun
46% Sep
130
20
Dec 29
62
May
74
Nov
7
1
59% July 15
July 19
29
Apr
5
50% Aug 21
125
Apr
% Aug
3% May 10
,
13% May
Mar
54
37% Apr
58 V
Apr
44% May
107% Jun
15%
Apr
39% Mar
29%
Dec
103% Dec
51% Jan
71
Jan
55%
Jan
119% Jan
24
Jan-
46%
Jan
% May
1% Oct
%
3% July 19
6 '
% Jen
5
Jan 23
^ Oct
;
11July
22
Feb
20
Jan
sa
Oct
58% Dec
May
j 16
35% Sep 29
5
Oct
17
104% Mar
1
3
Jan
20% Dec
7% Apr
•
11
Jun
Feb
-
23%
8
69% Jun
x26
30
21 % Aug
22% May 12
114
5
Dec
102% July 16
85% Nov
28% Mar 30
8
16%
May
Jan
40
May 27
3
114% Jun
6
Jan
108
63%
97
8
2
Dec
113% Nov
100 % Mar
22% July 14
!
9% Jan
83
May
Apr
Dec
46
Jan
7% Sep
58
86% May 27
xll8
Nov
6
Jan
5% May
11% Feb 26
2
.150
Nov
56%
4
24% July 15
90
Jan
56
•
*-
—
1% Jan
—l
5
—....;—lNo
1
Oct
Dec,
Apr
3
Oct
4
88
Oct
27
34% May-
60%
2.
2
16
7
27
12
15% Nov
...
20% July
6% July
41 %
July
75 V2 July
165% NOV
July
*41
142
••
May
,
Apr
Oct
61
152% Dec
v
—No par 115% Jan
4
—2.50
8% Jan 7
Van Raalte Co Inc
...
5
25% Jan 11
7% 1st' preferred
100;. 115
Maris
Vick Chemical Co
..5
40V8Dec 29
Vicks Shreve & Pac Ry——
100
51
Jan 22
5%
non-cum preferred
100
57
Feb 15
Victor Chemical Works...—.
5
20% Nov 18
Va-Carolina Chemical
No par
2% Jan
4
6% div partic preferred.
—100
39
Jan 5
Va El & Pow $6 pref—
—No par.:. 115
Dec 30
Va Iron Coal & Coke 5% pfd
100
20% Jan 14
Van Norman Co.—:
Virginian Ry Co
6%
preferred
Vulcan Detinning €o
Preferred
*143
*143
*143
*143
—
54%
53%
39%
34%
"4,100
115%
39%
*34
4%
53%
39%
900
22
4%
115%
116%
*39%
40
39%
39%
55
22
50
4%
*53%
116%
116%
39%
*103
••
200
69
63 Va
63%
10
i
42%
*41 Va
;
400
39
42%
*41
700
"
119
*41 %
85
34% Mar 31
50
Vanadium Corp of Ami
3,900
10
—No par
preferred—.——25'
Universal
8%
19%;
103% May 26
25% Jan
preferred—'.—No par
conv
v
18%
*
Universal-Cyclops Steel Corp.—^.1
Laboratories Inc—.1
i
169
*164
10% Feb
101
Jan
8
46 , Jan
4
64 Vs Jan 13
47% Jan
7
112 ^ Jan
8
20VsNov 18
42VaJan 4
50
—No par
100
—
Stov^kyards Corp
United Stores class A—
50
73
1% Nov
15% Nov
Jun
Jan 15
32
100
.50 ;
United
1,900
35%
4%
35%
169
300
16
*15%
.*35
Smelting Ref & Min
U S Tobacco Co.....
1,900
100
-
^^10 ' .
—
Preferred
600
82
20
.10
1st preferred
U S Steel Corp
7%
2%
2%
*76
Co.!
non-cum
Preferred
.
3
10
u
& Foundry...—
KU S Rubber
3,800
122
Sep
Dec
27% Jan
Jan
108 , Jan 16
4% Nov 8
87/»Nov
4
29 Va Jan 13
29% Jan 13
....
US Plywood Corp.——.1
& Impt
No par
21,000
53%
Jun
Ji Mar
5
, 1
4
Jan
13% Jan
U S Realty
800
55
55%
V
preferred———100
l1"
U S Playing Card Co
,
2%
5%
.
No par
—No par
Leather Co—
U S Pipe
100
*37%
preferred
Preferred
/
2,400
»
5
50
Mach Corp
U S Lines Co——
50
*15%
4%
35%
*164
'
9%
32%
*47%
*76
15%
*4 Va
36
*8%
S
Prior
30
4
conv
20
100
:
Partic & conv cl A
2,900
6%
50
*2%
23%
79%
35%
*35
*70
35%
"10%
--"V
*15% '.15%
4%
2%
2%
79
•
U
4,600
,,
112
5%
2%
3
2%
18%
18
*110%
S Hoffman
5% %
1,700
*47%
50
15%
*164
53%
122%
24%
*35
169
*164
*72%
53%
24%
72
72
55%
73
122%
81
5%
2%
42%
56
53%
54%
5%
Co
...
preferred—
U S Industrial Chemicals——No par
700
37%
132%
56:
74
36%
42%
42
*71%
56%
■
U
20
t
36%
*42
132
42%
132
24%
36 Va
*35
41%
131%
131
10,200
45
3%
9%
2 Va July
8
9 V# Jan 8
59
Jan 29
168
Dec 15
5% Jan 17
39% Jun 17
30
Jan ,4
No par
Freight Co
7%
.
'
122%
4%
4%
53%
54%
15%
1534
*15%
4%'
2%
2%
*2%
56%
57
*71
24 %
*47%
131
132
42%.,
11
r;
42%
37%
2%
2%
53%
9Vt
32 %
32%
*42
37
43%
54 %
6Va
*8%
42%
41%,
2Va
53%
9%
32%
38
42%
74
9%
41%
2Va
57 %
112
*6
*42
43%
57%
6
32 V*
9%
18 Va
*110%
111
6
32%
5%
18
18
111
6%
32
9
32%
36
5%
20
*44
45
36
,
172
168 Va
11
*44
5%
5
*
11
11
45
"
36
17%
17%
*110%
18 %
112
171
?6
*44
5%
*5
5%
11%
10%
11%
11%
2%
*71
171
175
ex-distribtion_
1
Mfrs Inc
U S Gypsum
18%
73%
43%
*130
1,200
17%
74
37
5%
U S
73%
17%
72%
Dec
4% Jan
34% Feb
8%
23% Nov 30
{'. 60V4 Mar 9
2V« Jun 16
16% Jan 6
99
Dec 31
3VeJan 4
4% Jan 6
;
84 % Jan 2
—5
.—No par
.
440
17%
*170
500
3,200
4,800
73%
Mar
Apr
17% July
Mar 18
3
5VaJan -4
preferred ;
———100
United Paperboard—:
.....10
! U S & Foreign Secur
-No par
$6 1st preferred
No par
18
18
Jun
3
52%
15% July 14
,.
5%
99
18
9% Jan
Jan
3%
July 23
26% Jun
—5
v
Corp_——1
United Gas Improv't
99
;/
73%
74
175
160
•
24% Oct
Jan
30
6% May 24
15
7% Jan 4
94% Dec 27
2V« Jan 7
' 38 V* Jan 4
United Merch &
1,300
9%
9%
17%
18% "
37
100
*99
■>
4%
,
9%
9%
V
29
102
18
May 27
34% Dec 31
,
17% Jan
No par ;
United Fruit Co—
,
13,600
2%
2%
28 Va
4%
4%
99%;
99
99%
99
3,300
101%
4%
•
9% Sep
41
Dec
42
Nov
2 Va May
4
49
187/8 Jan .-7
U Jan 2
No par y
No par
i„.
United Electric Coal Cos
United Engineering & Fdy_
}
400
79
29
102
Oct
95
Va
8% Dec
Sep
34%
July 12
8
8
Jan
5
28
Oct
14
Oct
37%
Apr
7%
8
28%'July
-———100
Preferred..
'
2%
*28%
*101%
28%
102
*101%
10
10 %
2%
2%
2%
28%
28
78%
79%
79
1,200
>
"21%
28
*27%
28
78%
*73
6%
6
*8%
32
54%
99
18 Va
5%
17%
54%
4%,
*42%
*42Va
*110
54%
*171
175
♦171
2,400
54%
May
"4%
53% Dec 22
55 Va Jan 16
Co———
—5 v
preferred ———No par
$4.75
United Dyewood
2,200
7%
.
Apr
July 22
3% Nov
Apr
5
13% July 14
4
16
Jan
109 Vz Jan
Drug
:
700
7%
,54%
101%
99
o
7%
"
Vf
-No par
—
Corporation
preferred—;
United
4,900
13%
'99
*98 Va
-y
*6%
28%*
9%
18%
$3
54%
2%
4 Va
10
7%
80%
78%
2%
99 %
*6%
Vv.
preferred ——!——!
100
Biscuit Co—
——No par
conv- preferred—
u
100
United
*6%
28
28%
9%
7%
37,000
-29,600
8%
*8%
28
2%
*99
13%
97%
1%
b%
98
13
97%
5
preferred———-100 '
Lines Inc.
10 /
United-'Carr Fast Corp
400
■
,
par
par
.'—No par
\ United Carbon Co
3f%
13%
98
13%
97%.
5%
35%
7%
29%
*4Va
26
54%
7
54%
*29
2%
13%
13%
97%
Z
97%
4 Va
1%
V
13%
97%
700
35%
35
'
97%
64
1%
1%
V
36
35 Va
35%
i%
*62
conv
United
.
30
26
*25
25
25
1%
5%
United Air
5,900
T.000
112
63%
*61%
63% ' .63%
H
112
112
114
*110V4
114
>
21%
*111
par
United Aircraft Corp—
8,800
103 %
102%
*21%
21%
:
2
28
18
V
42
Jan 18
8
Jan .2
x76% Dec 2
113
Jan ;; 5
105% Jan 2
15% Jan . 8
80 V4 Jan "2
79% Jan 6
24V4 Jan - 8
x24V4 Nov 30
93'% Jan 4
17% Jan 20
j.
Union Tank Car
700
24
103
21%
,•
104
23%
23%
23%
22
103%
104
104
22%
22
35
4%
400
28 Va
%
105%
' 1%
Union
300
: .v
26%
64
13%
95%
28%
V
;v.
25;
Pacific RR Co
1——100 V
non-cum preferred———100
California
Union Oil of
;•
5,200
100%
*95
4,900
26%
64%
97%
100
v
95%
95%
100
>
19 Va
18 Va
26%
*63 Va
35%
*112
Paper
-No
Union Carbide & Carb
—No
Union El Co of Mo $5 pfd—No
Preferred $4.50 series
No
Union Bag &
20
Jan
6% Jan
67
No par
par
Co
Under Elliott Fisher
.
4,500
29
*110%
!,
81%
116%
26%
111
•
81%
*115%
112%
102%
35%
81%
28%
21%
35Va
81%
81%
—1
Twin Coach Co——.
,
1.700
28%
23%
35%
5,700
;
27
102 %
.
9%
95 %
21 Va
1%
56%
9%
28%
23%
1%
56%
27
102%
1%
9%
9%
9%
'
10
9%
:
95 Va
23%
1%
56%
7%
76%
9%
99%
102 V2
*110%
-57%
Twin
980
3,600
75%
■
*115%
V
23%
21.
57
9%
5,000
7%:
7%
•
pfd—*-No Par
City Rapid Transit——No par
preferred—.! ^
—100
$4.50 prior
600
95%
28%
*104
105%
*104
75
5,300
;
27
27
29
28 %
29
28%
7%
7%
74%
9%
116%
100
*95%
95%
*26%
30
101
7Vt
9%
19%
99
*94%
105%
113
19
100
29%
100%
74 Va
80%
115%
115%
111%
18%
30%
100%
Truax-Traer^Corp———.—No par ; :
20th Cen Fox Film Corp——No par
$1.50 preferred—No par y
"
•10,600
22%
22%
22%
1,300
....
1
.preferred—-No par
$6
530
:
8%
Apr
6% July 14
.15% Jan 27
11% Jan '5
l7/a Jan 8
,,69 1 Jan 6
- 6 % Jan
4
, 127/a Jan ., 7
25- Jan 7
V 99
Nov 9
;; 4% Jan 5
Tri-Contlnental Corp
6,800
88%
8%
.
29%
v
*115 Va
99 Va
19 Va
19
•
111%
115%
115%
*111%
55
V 3%
88
8%
Dec
4
5
2
* 6% Jan
Transamerlca Corp.——.
—2
Transcont'l & West Air Inc—;—j_5 1
Transue & Williams Sfl—y.-No par
*
600
13%
.3%
w
22%
;
56 Va
9%
9%
,
88%
9%
75
75%
75
9%
13%
3%
14
Oct
Jan
42 %
30
41% July 14
i2
/
: 1.800
19
,19v
Nov
'
4
9%
,
1,800
8%
8%
8%
100%
30
74
9%
:i,800
8%
100%
7%
v.
48%
88
22%
22%
48%
19
3%
%
9
29%
100%
*100
."
49%
1,030
v
35
7% May
2
26V* Feb
IVaJan
Apr
1 Va Mar
53% July 14
5
,
5% Nov
Apr
32
13% May 29
$3.50 cum preferred-!—Nf par
16 Jan 4
; Tide "Water
Associated Oil—— —10
9% Jan
$4.50. conv preferred———No par
■j94% Jan •. 4
VTimken Detroit 'Axle
10
23% Dec 14
Timken Roller. Bearing-No par40% Jan 20
3,100
*13%
*8%
22%
26 Va
3%
89%
30
13%
103 %
26%
19
9
3%
88%
89
<
13%
102 Va
26 Va
.
*48%
89
3%
3%
3%
89
90
Products ——-No par
Thompson-Starrett Co_
-No par
———
-
j.
3,300
13%
26%
3 • Jan
8 Va Jan
(J R)
Thompson
Thompson
600
103%
13%
13%
V
-25
Avenue. Transit Corp._No par.
Third
.
3,000
2%
19%
8%
13%
13%
2%
19%
33% Jan
10
$3 div conv. preferred
(
1,900
34%
2%
19
*18%
100
*34
34%
103
49%
*8%
8%
19
,
13
*12%
*89
8%'
100
20 %
27
*26%
140
4%
12%
*2%
103%
103
103
12%
34 Va
13%
13%
13%
13%
43%
*4% i•*12 Va
!
4
3
5V4 Mar 16
—
43%
4%
*19%
20 % v
20%
100
3,600
7%
24
Apr
45
50
5
—-5
-
*7%
44
12%
2%
*2%.
2%
26%
27
27
*4%
120
93
.*91
7%
43%
4%
34 V*
102
102 %,
102
103
44 V4
33%
13%
13%
13%
13%
7% \
4%
20%
•
95%
*93
33%
2%
20%
20 %
20%
20
102
6
33%
*20
6
*5%
12%
7.700
*57/a
6%
44%
4.600
V 5,000
13%
52
52
95
9%
21
20%
/ 51%
*51%
*12%.
2%
2%
4.300
*13%
51%
7%
4%
15%
14
7%
45
1,900
9%
9%
•20%
14
12%
34%
2%
*12%
9%
20%
14
*12%
12%.
*12 Va
9%
20%
2.200
.9
*—
——
4,100
.
4Va
15%
95
7%
7%
*4%
4%
*4%
6%
*43
43
43
43
*4%
7%
7%
7%
7%
43
15%
*5%
95
*92%
94
94
94
35
15%
51
52
*6 Va
6%
*6 Va
6%
*6%
*93%
34%
*13%
14
13 %
*51
51
34% V
19%,
21
19 %
•
1,200
35
.15%
.
49
47/a
5
5
35
9%
9%
9
9%
9%
9%
19%
5 Via
5
5
100
4%.
*11%
48%
35
11%
11%
11%
5
4%
*4%
*11%
48%
4%
4-5
__
5Va % partic preferred
50
*44%
4%
45
45
*44%
43%
43%
*4%
45
*43 %
7%
-
Talcott Inc (James)
7%
*7
7%
*7
7%
*7
•j
8% Jun
5% Jan 25
35
Jan 2
Telautograph Corp
3
Jan 9
Tennessee Corp
8% Jan 8
Texas Co (The)_
.
—s.;
25
41% Jan /■» 2
Texas Gulf Producing—No par.
3% Jan '2
Texas Gulf Sulphur——No par v ,33% Dec 29
Texas Pacific Coal & OIL.
10
8% Jan 5
Texas Pacific Land Trusts
1 «
IV* Jan 7
Texas & Pacific Ry Co.
100
' 16 Va Nov 30
Thatcher Mfg Co...
Na par v
6% Jan 12
$3.60 conv preferred—-—No par
35
Jan 5
The Fair
—No par
2% Jan 8.
Preferred
100
J- 52 ?• Jan 6
Thermoid,-Co..
-1
4
Jan 7
1
7%
*7
25
—25
100
100
Jan 14
29% Jan 2
80
Jan 8
27
113
Jan 26
25% July 15
12% Feb
25
37% Oct 21
Oct
5
44% Oct
120
65
14% JjUl
7% Jun
19
112%
Mar
Jan
20%
Dec
116% July
42
6
30
May
Aug 28
50
July
6
15
Sep
60
Dec
55
55
67% May
26% Feb
18% May
Jan
*
25 Va
40%
Oct
110% May
117%
Dec
Jan
21%
Nov
Jan
40
Oct
1
24
Apr
31%
35% Sep
8
26
May
29%
Aug 18
70
Jun
110
150
Nov 22
Jan
2%
Jan
45
X123
Nov
Jan
1
1
1
Aug 30
Oct
1
6% July
68% July
Jan
11% Mar
26
22 Va
14
120
Mar
Oct
Oct
96 Va Mar
138
Jan
.
W
47%
47
103%
*10%
27%
*26%
*105%
-
108
For
•
47%
10%
27%
*105%
47%
10%
27%
108
footnotes see page 363.
47%
10%
47%
10 %
47 Va
10%
*26%
27
*26%
*105%
108
106%
47 Va
.10%
27
106%
47%
10%
26%
*106
47%
10%
26%
110
*47
10%
26 Va
*106
47%
1,300
10%
2,000
26%
400
110
100
Wabash RR 4%% preferred——100
Waldorf System
..—No par
Walgreen Co
No par
4%% preferred
..100
24% Jan
7% Jan
20% Jan
103
Feb
.40 Va Dec
31
11% May 29
28 Va
109
July 15
10
Jun
21% July
6% Mar
16
Apr
97%
Jun
30%
Jan
7%
Nov
20% Nov
102 Va
Oct
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
363
NEW YORK STOCK RECORD
»
Saturday
Monday
Jan,15
Jan. 17
I per share
49
! per
Tuesday
•Jan.18
49%
49
49 A
17%
17%
17%
7%
7%
7%
-7%
9
8%
8%
*8%
1%
1%
47
12%
12%
12%
24 %
24%
23%
V23 %
23%
*17%
18%
*22%
>17%
*25%
25%
*46
48%
*17%
7%
7%
9
8vs
17%
"
Walker
*
49%
49%
17%
600
Div redeem
7%
5,700
8 Vs
500
8%
8%
1%
46%
13%
n%i
i%
*46%,
'•
*23
24
*23
23
23
23
*22%
23
17%
17%
25
,V>'
*22%
*16%
17"%
*16%
17% A ft
23%
38% Jan
15% Jan
2
.~~r.No par
4'% Jan
% Jan
5
-No par
——
preferred
,.50
26
Warren
Washington Gas Lt Co~~~—No par
Waukesha.Motor Co—,—^,.——^....5
Wayne Pump Co————.,——,„*1
Webster Eisenlohr.,—«m~~~~No par'
Fdy & Pipe
No par
.
9% Jun
'
A
7%
*
''A
'
25%
25
■
7%
-
18 Vs
'/• 7
6%
,
-25
7%
6%
•:
24%
24%,
/A
:
6%
6%
1
■
23
23
23 ;v.
23
*77%
78%
78 H,
19%
19%
84%
84%
.
:
122%
78
*98
:
19%
19%
84%
,
22%
*77%
85 s-;'
7
99%
99% '99%
87%
87%
87
117%
117%
*117%
117%
117%
19%
19%
>A .19%
19%
*18'%
106%
106%
106 Vs
106%
30%
30%
30%
AA, 4% ::: 4%
30 %
30%
30%
4 'A
A
4'A
10%
*9%
10
43 %
42%
43%
23 'A
23%
23
23%
22%
23%
.22%
! 96
95%
*130
28%
105%
*55
98
*55
A/. 21%
21%
.67%
67%
59 .¥.:■>
21%
22'A
*65
7%
5%
68
*25
:
25%
;
*65
V
*4% /.asaA'A:
A
6%
7
.
7
/■
4%
4 Vb
4v4.;.
4%
..
■
56
22%
23%
23
23%
23
23%
22%
23'A
'.V 22%'
33
'
28
13%'
8%
>
*32%
*81%.
i
83
*11%
11%
28
*26%
28
107
*55
;
98
,V
98
21%
*19
21%
*106,
59
/>
'
7%
21%:
-
68
*25
•
>
25%
*65
21%
21%
*67'%
67%
19%
*18%
19%
26
8
8% July
26 '/a July
2
15
May
20'A
Jan
79% Nov
3
59% May
*71%
Nov
'A
21%
'A 7'%
5%
: A-
*65
*4%
A/A'
21
5%
■
'
*4%
99
21'A
48%
*50
51
50%
50%
83
83
83
83
*68
69%
68%
69
*28
29'A
29%
.
49 A.
49
Ay;
"/A;
97
21%
50%
49
14%
15%
15%
29% > :>A29%7 29%
15 Va 7 7 7 15
15 '■
38'A
37'A
38 Vs
96
96%
15
15
a"
36%
*37b
;
37b
4
*Bid
35%
35%
22
99
$6
asked prices;
and
23%
99
49%
51% A
*51
53
500
82
*81
.;. 84 A
110
*68 Ayy 69%
200
49%
*68
*^8%
30%
69%
30%.
■:>f;
50
96%
14%
7
,15
36%
96%
96%
14 %
15
37'A
97 vA
97
14%
14%
15;
A
30
1577 7 .•
36%
15
37%
30
15
14%
97
35%
35%
347b
3%
4
347a
4
35%
700
37b
tin receivership,
Stocks,
a
4
and Miscel.
Shares
i
Bonds
40
Jan
5
/>
4
•
32%
Dec
5
22
Mar
31 Va
Jan
9
A
60
..
Yale & Towne Mfg.
Young Spring & Wire
Youngstown Sheet & Tube—No par
5'%% preferred series; A
.100
■:
290
15
8,300
2,700
4
n New Stock.
rCash sale,
!
>
:
on
.
Bonds
.
$7,500
A
•
Jan
5'% Nov
3%
Jan
2%
Deo
1%
Apr a
1% Aug
Apr
3%
2'A
Sep
51
Jan
22'A
Apr
4%
Jan
53
May
15%
7
Oct
8'A
Deo
,6%
Jan
*73%
Jan
■
Sep
107%
2
Jun.
16%
110%
Oct
Dec
24
Jan
21% May
42'% July 3
25% Oct 28
31
Deo
Jun
14%
21%
Jan
Sep
20
117
Nov
125
July
Sep
18
106
Nov
117
Mar
54
Jan
57'A
Jan
149
134
54
57'%
Jun
Jun
42'A
oun
18
44
Jun
108
Apr
20
80
Jun
104
Jan
70'% Sep 29
39
Apr
62
Jan
31% Sep 10
17'% July 13
41V* July 14
15% Jan \
1
23%
Oct
Apr
7%
Nov
Jun
5
28%
37%
Jan
4
98
Nov
12
78
Jan
16% Jun
7
7
May
87
Oct
12%
Jan
Deo
20
2% Jan
y Ex-rights.
x-Ex-dividends.
wd When distributed.
' 8% Feb
1% May
377s July 13
43A May 10
19% Jan 12
2
Jan
2
No par
1
the daily closing averages
Averages
of representative stocks and
bonds
—Bonds—
20
30
-
Rail¬
/yAa trials
roads
10
Total
10
First
Second
10
65
-18
Indus-
ft-
-
Date-
$12,607,300
•
40
10
•
.
■■
15%
Apr
6
Total
Sales
Dec
the New York Stock Exchange as compiled by Dow, Jones & Co.:
Bond i
Government
-
;
Jan
15%
Jun
:
Feb
69 %
;
Mar
1%
2.
9% Jan
27'A
Deo
3
11 % Apr
Slock and Bond
are
17'A Dec
58'%
-
4
Jan
82
Jan
12
21% Jan 13
7% Jan
4
30
Jan
6
,
Apr
93
July
A,-: 12'A July A
5
121
Dec
24% July
Oct
50
80
22% Aug 11
.
9
Jan
108%
42'A Dec
24% July 22
Jun
Jan
;A>>':::>i>>A>§*
Special sales,
s
25
20
Jan
2
Jan 20
Dec
7
Oct
4
Jan
9
Jan
9
Dec
3
..
25
No par
Zenith Radio Corp
Zonite Products Corp
3,200
6
Oct
A71% July 14
8
Youngstown Steel "poor——No par,
Z
Apr
99
27
10.
8,200
'i
Jan
115
Jan
17% Jan
—10
Co
-
57'% Jan
.
2,700
100% Jun
9 Va Jun 28
14% July 14
>> 9 % Sep 20
A 86'% Oct
2
100
pfd
63'%
Stocks
$142,000
.
127
Apr
2
6
2
4
.
listed
United States
Bonds
,
83
Aug
23
2'% Jan
8
Jan
,4 'A Jan
...
Dec
Apr
109
9
1
2
a
Feb
3
2% Jan
,
Oct
19'A
13% May
10% July 26
7% Oct
1
86
Apr 30
27
Oct
1
6% July 19
.
Jan
8
112% Jun 23
8
15
,
Jan
8V*
July
Jun
July
2
3% Jan
3%
30
Feb
29'A May
;
14
13'A Jan
-10
6%
Exchange
Foreign
-
$12,457,800
'661,940
100
136
12
22% Nov 30
No par
Co
Pow
ill'l;
Deferred delivery,
Railroad
Number of
Saturday
Monday.,
2
5
Jan
Deo
20
Apr
4% May
23%
24% May 29
4
x20% Jan 19
1,000
Daily, Weekly and Yearly
"
24% Dec
15
Sep
2
3
49% Oct 27
Jan
Jan
.
;
'
35%
35%:
5
Jan
12% May
81
120
.
'"a
-i
37%
^
30
Feb
104%
97
11% Apr
Jan
18
22
A
2
2
15% Jan
113%
.102
May
10'% Sep
6Ve Apr
8
Nov
3
Sep
110
2
2'A Jan
5% Jan
37% Oct
10'A Nov
7% Aug
31% Dec
5 ;•
Jan
15
—-No par
(F W) Co
Below
Week Ended Jan. 21,1944
16% Oct
,
'110
*94
82
Transactions al the New York Slock
,«
Jan
29
5
30%
Worthington P & M (Del)—No par
16'%
7 % preferred A
100
104
6% preferred B
1.
—100 A. 100%
Prior pfd 4'%% series
TOO
44%
Prior pfd 4'%% Conv series—100
46
Wright Aeronautical
—No par
.78'A
Wrlgley (Wm) Jr (Del)——No par
58%
7,700
*105
51%
69% A
37 Vs
sales on this day.
no
93
,;
5
preferred
Woolworth
7,300
49%
15Vs
*37b
4
Apr
8
20
———
Woodward Iron Co—
800
39%
22
110.
conv
Wisconsin El
y
A
96%
,35%
Jan
36
2
31
Motors-———--1
preferred
—.-10
Wilson-Jones
300
22
> 39%
6%
600
.
'
—
/T
35%
Jan
11
Jan
.,
preferred-
Wilson & Co Inc
"A.
51
30%
37*%
96%
14%
96%.
15%
7
15
1,500
11%
21%
v
,
A
8,900
82
11%
39'A
22
'
96
91
104
Jan
.
Willys-Overland
12.600
;
82
;
"•
.21%
*105
83
*68
:
37%
•737%
'
8%
*120%'
A* 94.
49
51
83
A'-v
70 '
Ai: /AAA *68 A:
A
99
50%
83
Apr
Apr
Mach, Corp——1 A A 2% Jan
.preferred—-—.—No par
40
Jan
conv
July
34
20
Wilcox Oil & Gas Co
500
13.
8%
11'A
39
110
*94
7
•"—A.."
.•*20%
21%
*105
48%
48%
$4
3
41%
87% Oct
119
Jun
„V,
1
Jan
Feb
14
22
Min Springs—_*No par
NOV
Oct
Sewing
Prior
"
A
83
.
/
21%
110
«
A--,. 6%
'
12%
82 Vb
82
*10%
39'A
*94
v
8%
*120%
21'A
38%
21%
*48
A
•'
39 '/a
5
13
8%
:
21%
*105
;
v
200
'
11%
*120%
38%
105.
*91
99
White
25%
*4%
A
6%
12%
.
81%
I A* 11
11 Vs
White Rock
2,600
18
1%
20'A Dec 31
.
White Motor Co——
1,800
i
'
Oct
Jan
Aug 20
Elec
(The S S)
14
11%
8
Jan
85
„
.
12
July 23
19
99
.
-50
-50
13'A Jun
1
4
V
.
Oct
4
19
.
2nd preferred—100
White Dental* Mfg
68 /
•
*24%
;/5v;/'A
6%
13
*20 %
22
*102
81%
83
11 Vb
22
*90%
/•
12%
6%
;
8% A 8%
*120%
39%
21%.
'
110
6%
.
8% '
*81%
A: A
''
38%
21%
*104
83 A
.
*20%
39% 'A
.22
*20%
A 39
6%
13
8%
8%
•/
590
?
'< 5,100
7%
5'A
*65
25%
■•
v.;
*5
■
'
5
6%
'.
68
*24 Va
7 7%
A
21
24%
4
109
-
200
21%
21%
'
4
Jan
preferred——]~—L—No par .106% Jan 15
Wheeling & Lake Erie Ry_——100
52
Mar 13
5%% conv preferred-,
100 ;
85
Jan
9
Wheeling Steel Corp—_No par
18
Jan
2
Av-' $5 conv prior pref
.—No par -V
*58% Jan
5
1,600
.7'
Jan
5
$4.50
200
Dec
39Va
30
.
".
21%
*5'A
25
100
HO
68'A
A
21
.
68
25
v
4%
11%
*120%
98
■:
A'.''-/ 7%
7%
5%
■A,
Nov
8%
20'/aDec
.
Instrument—12.50
Westvaco Chlorine Prod—No Par
Weston
29%
4
57
.
.
Supply Co_;
—10
Maryland : Ry_—•——100
Westinghouse El & Mlg—
1st
partic preferred
-50
59
98
'
AyA'A, 300
67
*18%
21%
5%
-77
Nov
Feb
4'A Apr
4
11% Jan
103
Jan
4%%
Westinghouae Air Brake——No par
A ? 4,600
A
1
% May
16
6
8% Jan
.
.
Auto
nonrc.um
Nov
50 Va Jan
67'% Jan
..
—-.100
3.900
107
*55
■
98.
.
.
Western Union Teleg class A-No par
Class B—
No par
;
26%
107
■
4%
Nov
6
21
,...
10,900
33
26%
Western
1,400
6,700
;
V
95%
t 132
Western
4,000
i
•
23'A
21%
'
19%
AAA *7% :
5%
13
*11V
-
;
.
59
98
68%
;
21%
7%
5%
*65
.
;
v7 *
23'A
■'?.
*32%
107
*55
;'A
98
21%
A>8 8 Ay
19%
21%
7
*81%
.
A*
*120%
10%
.7
*131
33
*105%
,
67%
4%
8%
87/b
■
94%;
96'A
130%
32%
>26%
f,
59
A
96
130
132
■i 32%.
107
f
95%
94%
*130
132
(f
21% V
•
13
10
700
July
15% July 15
21
69
-^->1
i
Oct
5'A
2'/a Jan
pfd
100
West Va Fulp & Pap Co——No par
6% preferred
-100
40
;
4'A
22%
"*
6%
■
7
<
22%
10 %
,,
'
*13
;AV 4%
A'
23
.
preferred
16 V*
17% Jan
No par
CorpA
West Penn Power
1,000
42%.; 43'A
*10
Indies, Sugar
2%
12% Jan
West Penn Electric .class A —No par
7% preferred
—
100
6%
200
30%
42%
\
;
-
25%
4%
30%
,30%
"
..
68
>:
/
-
41'A Nov
Apr
Jun
32% Apr
23% Sep
Dec
15% Jan
A
220
77.7. A
<
10
*19
•V
;;A 25%
.
-
"22 AATs/a
5%
21%
.
5%
*30 'A?
7>'i\'
1:
42%
67
>
19%
7% '
5%
30%
117
10%
*55
67%
A
7%
30%
117;'
42%
'
21%
67%
A;
*18% ' 18%
!-
42%
*96%
*191'
,
19
i8%
10%
*105%
98
I 21%
,
19
18%
95% "95%
28 %
98
18%
300
*106% 106%;
4%
,...180
'
'
32%
*26%
106 Ar
1":
117%
87
■
42%
*130
34
106
'
59
*97
a
96%
*26%
*26 %
105%
i,
117%
87
22%
•
132
*130
'A*'}'} -'I,
35
A
23%
95%
133
y
87 Va
117%
19
,
87'%
-
100%
86%
West
13,800
86%
'
$4 conv preferred^
100
7 ;
3%
2% Mar 29
20
Wesson Oil & SnowdrifT.>-_„No par17% Jan
1,000
>19'A
100%
;•
22%
10%
43
A'
117%
A;A 4%
>
9%
42.%
19
*86
1
*117%
106%
*106
A,
:
•
86%
87%,
/
86
101 :
A 3,600
22%
j-y HVz
19%"
86 >A
100..
100
v
*76
,
400
r
18%
87%
-
85%
*98%
7
'22%
*
77%
,
18%
19%
■
85
■
87%
:
18%
86
*76
78' 'A
6%.
900
25
+
22%'
/ 22%
22%
*76%
19%
18%
,*85
'
'••A .99
99%
22%
:
79%
.
17%
*24%,
■
■:
16%
25
*24%
7
'
*22'A1 23
Apr
13% Mar
5
May 29
13
'
23%
# per share
31%
27
18% May 25
4
Jan
22
Highest
f per share
'
7% Jan
5
.
500
7
54% Oct
4
4% Jan
200
23'A
$ per share
12
No par
—No par
Warner Bros Pictures
39,700
.
preferred
Class B—
$7
300
13%
(Hiram)
Ward Baking Co cl A
200
47
13
A24XAA,
24
2,900
v
Year 1943
Lowest
Highest
f per share
G & W—No par
Walworth Co
7
12%
46
Range for Year 1943
Lowest
Par
*17%
,
7%
*23
;24
Shares
7%
*1%
12%, 12%
/
EXCHANGE
*8%
■
46%
46
12%
12%
,
1%
47
*45%
12%
1%
1%
*1%
•
.
47
NEW YORK STOCK
the Week
$ pet share
49%
8 %-"
49
*8%
•
48%
17%
7%
-
Range for Previous
Sales for
Jan. 21
share
s per
*17%
48%
17%
7%
•49
.
1%
*1%
47
,
S per share
-
Friday
Jan.20 V
17%
%
17 %
'■
Thursday
Jan. 19
.
$ per share
share
STOCKS
SALE PRICES
Wednesday
AND HIGH
LOW
Indus¬
Grade
Grade
Utili¬
ties
trtiii-
Stocks
A tie!
trial!
Rails
Rails
Total
40
Bonds
'
816,360
815,180
—I
Tuesday
A
Wednesday
Thursday
•
—:
-
i.-
—
Friday
—<
.
Total—
14,587,100
13,307,200
639,230
730,440
813,780
11,308,900
13,997,600
16,214,800
4,476,930
283,000
'/
10,000
14,880,100
35.77
107.16
104.19
138.10
A 35.66
22.25
48.32
107.16
104.07
69.90
271,000
5,000
11,584,900
January
18—A.
137.87
35.86
22.24
48.33
107.24
104.10
70.34
3.000
14,249,600
January
January
19
a:
137.83
35.90
22.23
48.33
107.33
104.04
70.18
20
A—
138.16
-
249,000
•
A; 178,000
467,000
Y
$81,873,400
110.29*
70.29
13,599,200
.A.
A
138.40
11,000
January
January
15
281,000
y
16,859,800
17
$214,500
A
138.07
21
January
$1,693,000
48.45
22.37
97.98
110.20
97.83
110.13
97.95
110.11
v
97.92
36.03
22.27
48.46
107.09
104.62
71.06
110.14
98.23
36.51
22.35
48.61
107.09
105.09
71.56
110.23
98.49
$83,780,900
'
Week Ended Jan. 21
1944
Stocks—No. of
shares.—
S.
Government
Railroad
(When,
12,010,962
$214,500
■A-:
Industrial—.
81,873,400
$918,350
$221,500
3,342,000
1,693,000
$84,000
6,024,000
9,205,000
65,215,400
233,850,900
$68,641,400
$240,793,250
-
203,895,800
83
•
.—1988
series A
>
Bonds—
Western
Inc
85
87'A-
4%s series B-——A—1988
and if Issued)
Ask
■A..
Akron Canton & Youngstown—
4s
as
Bid
A'AtAV
Bonds—
...
Si
1943
12,942,610
vr*
—
Foreign.
1944
,..4,196,355
Reorganization Rails
Jan. 1 to Jan. 21
>./
1943
4,476,930
Bonds
U.
A
89 %
Stocks
Akron
Y
Total-..
—
$83,780,900 ;.;
—
$213,322,300
Chicago & Northwestern—
a
1st & gen mfge l-4s—_1989
2d mtge conv inc 4%s—-1999
A
A,
Bid
95
4'As
&
Youngstown—
i..
—:
.
99%
100%
58%
59%
5% preferred
Chicago .& North Western com—
5 % preferred
—
Transactions at the New York Curb
99
-TOO
59
-
Denver &
•
Stocks
57c
Bonds (Par
of
Week Ended Jan. 21,1944
Shares)
Tuesday^..——.—
W ednesday
Domestic
163,820
Government
598,000
237,585
1st
Total
48%
83%
—1971
88
89
__a—1991
51
Gen
mtge
4s
7666,000
178,915
2,000
2,000
27,000
5,000
it
1,253,730
$3,643,000
$47,000
$8,000
5,000
$1,000
505,000
776,000
va, a/a
$3,698,000
;
Week Ended Jan. 21
tl
-——
Jan. 1 to Jan. 21
3%S
976,746
$3,643,000
1__.
47,000
—
8,000
1944
3,431,825
11943
2,362,316
■' $4,062,000
106,000
$11,663,000
$12,928,000
330,000
9,000
50,000
^63,000
"* 15,000
A'
Bid--
$3,698,0Q0
.
$4,177,000
•
Ask
103%.
104
101%-
1963——
com
y
—
Paul
t
Sault
&
Ste
16%
17%
37
38
18%'
36%
37%
M—
7'A
c
1%
c
Pacific
8'A
2
Preferred
25%
common
a———
—
26%
54 %
55%
Bid
Western
102'%
$12,043,000
$13,706,000
'
Public Service
Ask
(Indiana)-*-
—1973
Public Service (New Hampshire)
3'As series A
1973
103%
104%
107%
108
Puget Sound Pow & Lt—
4'As
3'As series E
* 99
1972
107%
108'A
Delaware Power & Lt
3s—1973
105
105%
San.Diego Gas Ac El 3%s__1970
110%
112
Florida Power & Light
3%s_l974
105%
105%
South Carolina Elec & Gas—
1979
101%
101%
1972
108
109
Southern Colo Power 3'As—1968
102
102%
Utah
Power
101%
West
Texas
4VbS
-
Iowa Power &
...
104 % ■' "104 %
3%s
—
2%s 4ebs
108'A- 109
Light 3'As—1973
;
101%
A—1973
—1953
99%
-
Northern Indiana Public Service
Panhandle Eastern Pipe TJne—
Total..
Grande
Rio
Light 3s-——1963
& El—•
3s
:JL
—1973
Central Pow & Lt 3%s
1973
A.
Bonds
Foreign government..
Foreign corporate
1943-
1,253,730
St
Free
52
Blackstone Valley Gas
•
—
1944
Stocks—No. of shares—.
D
■
,
Atlanta Gas
..
&
Optional v t
Atlanta & Charlotte Air Line—
Total
23
48
Recent Bond Issues
j.652,000
744,000
A'/
Minn
49%
82%
4%s
63
47
606,000
5,000
499,000
648,000
241,815
Thursday
Friday,
income
28%
$493,000
"is" 000
,
661,000
168,060
—
...
2018
-—1993
Minn St Paul & Saulte Ste M—
Foreign
Corporate
$493,000
.263,535
—.—
Monday—
Value)
Foreign
61%
22
17%
100
preferred
Preferred
Grande—
Rio
4'As
1st 3-4s income
(Number
Saturday—
Income
*
Common
60
Denver
Daily, Weekly and Yearly
27
Chicago Rock Island & Pacific—
Chicago Rock Island & Pacific—
A;
1st 4s—:
1———1994
Conv income 4'As
—2019
Exchange
96
—2014
—
Canton
Common
.
Ask
Pacific—
mtge
-
101%
■
A
100%
100%
;
-
3%s
York Corp.
&
Lt
3%s
1968
Util 3% 8—1973
4%s_
1958
102'A
102
102'/a
104'A
105
Monday, January 24, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
364
,
,
'
,
.
•
;
,
•
B - 1
.
.
,
Eond'Kecord
prices
NOTICE
The italic
letters in
-1952
Tree
try
i
J-D
—,,1944 -1956
.——"—1946 -1946
3 Vis——.——1944 •1949
M-S
3%s__
1946
—1949
3s_
———1946
3s_
—1951
2%8~
——1955
2%s__—
—1945
2%s—
1948
2%s.,
1951
23/is
.,—1956
2%s
—.
—1958
2%'s
:
1960
3VaS—
3 Vis
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
.
Treasury
j-d
WIS
1947
1951
M-S
1954
Treasury
„
M-S
J-D
1965
J-D
.1945
J-D
-D>v
100
M-S
t J-J ■>.
*104.3
J-J
A
lVaa series M
3s series
J-D
York
New
100.15
101.4
100.23
101 v."i
L
:
M-N
-
100.2
14
103.16
•
103.16
100.9
:
100.29
101.12
101.11
'
M-N
;
101.3
*101.1
102.27
100.10
100.20 100.20
100.20
■
-J-D
101
38
109 %
109
109 y8
J-D
103'a 110%
•
;
>
1
,
.
-.1968
HEctor 2-2300
of 1899
Assented to Nov. 5, 1942,
4s of 1904,
:
>
1-1693
.,1947
1
,
/
'
;/
'
'
■
.,1945
f 7s series B.
C.
f 7s series D_
.,1945
j-j
External s
A
External s 1 7s series
'
j-j
.
.,1945
*17
a-0
'"■'/V';
j-d
i;>';57%
,,1948
S f conv loan 4% s
—1971
8 f extl eonv loan 4s Feb„:l„.;,1972
S f extl conv loan 4s Apr,,,
1972
Australia (Commonw'lth) 5s of '25-.1055;
External 5s of 1927„>
—1957
External g 4%s of 1928~_
-1956
s
V A-0
J-J
(City) s f 5s
1957
5s—
——1958
Sinking fund gold 6s
^.^.,1950
Buenos Aires (Province of)—*
1
•«...
A-0
A-0
J-D
(Dora of) 30-yr 4s
—I960
f 4%-4%s_
•
=.
1968
15 1948
Jan 15 1953
Jan
2%s
3s
—
---Jan 15 1958
rr-r-77—
A Carlsbad
1954
(City) 8s
(Rep)
s
nb's
A Extl
A6s
__
'
18
A-0
—
assented—^
sinking fund 6s
A-0
F-A
18
18%
1961
F-A
17%
Jan
1961
J-J
jan 1961
f 6s_
J-J
—Sep 1961
assented
,,1962
M-S
A-O
1962
A-0
JSep 1981
sinking fund 6s
footnotes see
M-S
page
368.
95
95
72% 73%
73
73%
73% 74%
74% 76%
50% 50V2
109V4
102% 102%
103% 103%
102% 102%
18 % 18%
18
M-N
M-N
—1960
A 6s assented
Fnr
J-J
J-J
Feb 1981
6s_.
-
104% 104%
7.01 % 102
101% 101%
__
"
18
17%
18
*17%
18
18%
21
"18
18%
1.8% 18 V4
17%
*17%
3.8%
18
18%
*17%
17%
V
69%
:
18%
18%
•v
A
101%
85%
79
85%
94%
6
83%
79
96%
100
97
,.——1.1.1968
A4%8 assented—
101;
AExternal sink
1950
——1963
...1961
1966
fund gold 8s
A4V2s assented
(City of) 8s
AExternal loan 7Vas
APorto Alegre
-
35
36%
34
34
24
34
(32
34%
APrague (City of Greater) 7yas—.1952
Queensland (State) extl 6s
...1947
ARJo de Janeiro (City of) 8s__
1940
53%
56
j-
1958
..,.1947
,.i
52
;
51%
A Extl
1953
6V2S—
sec
do Sul (State of)—
87
external sink fund gold—
external loan of 1926—.
Rio Grande
100
A7s
68%
80
Santa Fe
78%
A Sao
70
6
79 y4
.'71%
8
60%
107%
111%
4
101%
107%
97%
'
97%
104%
3
301%
1037/s
32
101%
105%
13
100%
105%
18%
24Va
18%
26
18%
25%
195/a
26%
71
18%
25%
1
19%
26
22
18%
25%
19%
26%
27
18%
25%
19%
25%
"*5
13%
25%
20%
2"
7
18%
25%
1
12
•
external sink fund 4s
Paulo (City of Brazil) 8s
A 7s
t
8s_
extl water loan
A 6s
t.
1946
1968
,1966
1967
1964
...
loan
IA San Paulo (State)
A 8s external
104%
8
;1
A6V2s extl secured s
80 Y*
48 Va
,
14
2
municipal
69%;
..
4
12
extl loan of 1921
A 6s
92%
1
1
A 8s
97
A 7s
42
94
87
"l
95 Va
83;.
1
;_1952
...1957
1930
.
§ ASecured
s
f 7s
18
18
5
*61
*9%
"q-j
Q-J
23%
82%
98
10%.
10%
15
15
-
HVa
External
readjustment,
conversion
3%-4%-4ft extl conv—
4-4Vi-4%s extl readjustment—
3%s extl readjustment
AWarsaw
A4%8
(City)
assented
external 7s
1979
,1979
1978
1978
1984
1958
1958
19%
32
32%,
V
100
*90
M-N
11
33
33
32
*84
'5
18%
■
34
'
89%
93
84
-
65
82V4
94
v; 94
34%
18%
3
:.
95
95%
82%
*93
101%
100
*100
*98
«;
,85%;
98%
99%
94
96
96
F-A
96%
94
.
J-D
A-0
96%
80%
95
87%
72
90
73
*87
*83
77%
26
71
,
'
9
94%
72%
A-O
;
90
M-N
*81%
M-N
90
90%
M-8
>31%
90%
89%
73
92
104
104 ;
*;o5%
M-S
90
70
14%
35 ;;
34
24%
M-S
16%
16%
18%
26
13%
J-D
16%
16%
18%
79
12%
23%
17
17
18 %
25
13
23%
A-O
ArO
*12
,
11
16,
21%
13%
23
A-O
...
13%
A-0
>*23%
A-O
12%
14%
J-J
14%
18
7
14
J-J
12%
15
22
11
17
.17%
38
17%
36
30
54
J-D
*13'%
38%
J-J
*33
38
M-N
25
*48
F-A
100% 100%
100 %
2
17%
10%
20'4
.
90%
"„•
102%
A-O
35
35
36
.2
18 Vs
37%
F-A
30%
30
31%
60
iey4
32%
A-0
39%
40%
39%
40%
17
20
J-D
31
31%
11
17
34%
34%
1
35
M-N
18
34%
1
17%
35
J-D
34%
73%
83%
33%
82
82%
20
36%
36 y4
1
18%
39
M-N
*30%
31%
17 y4
33
M-N
*26
42
32
52%
J-J
39
39
32
48 %
*32
36
29%"
M-S
82
39
M-S
A-0
M-N
31%
.
59%
.
13
13
*13
M-N
"46%
60
72%
13
10
13%
11
12
13%
ll'A
12%
9 y4
92%
92 y2
.
J-D
F-A"
28
55
•12%
J-D
92%
F-A
*87
M-N
M-N
66
66
*56
61
3-D
19%
13%
95
84
*86
M-N
20
14%
85
*88
M-N
48%
31%
87
78
88
85%
88
31
64
72 %
61%
_3
60
69
68
•
External
17%
"
14
/
J-D
J-D
10%
16%
M-S
M-S
h', .12%'
10%
5
*18%
F-A
9
7
15
16
*12%
A-0
16
16
11% '
*14%
F-A
13 y4
12% .18%
20
10%
.M-S
10%
12%
11%.
7-7:
12%
■9
12
-
*15%
15
20%
15%
89%
*16%
J-3
97
11
18'%
*17%
3-D
70
,
85
15%
*11%
J-J
...
57%
,
85
__
*12%'
18;
*85 t
/
24
*
12
68%
./.i. ■■■■
'97%
18
23%
15%
5
18
79
1968
1940
(Kingdom)—
A8s secured external
1962
A 7s series B sec extl
1962
ASUesla (Prov of) extl 7s
—1958
A4%s assented
1958
Sydney (City) s f 5%s
1955
AUruguay (Republic) extl 8S_
1946
AExternal sink fund 6s—
1960
AExternal sink fund 6s
1964
3%s-4-4%s ($ bonds of 1937)—
99
'101-
97
77
J-J
Serbs Croats &.Slovenes
89%
*98
1950
—1956
extl dollar loan
100%
31
18%
101% 101%
M-N
—1940
(Rep of) gold 6s
A4%s assented
loova
96va
89
I>
42%
*28
J-D
.
ser—1960
f 6s 2d ser„__1961
AStabillzation loan s f 7s
91
2
72
V
A-O
Nat loan extl s f 6s 1st
iAPoland
94%
5
88%
5
12
85
J-D
sink fund extl loan
ANat Loan extl s
94
78 Va
86 y3
72
86%
84%
M-N
A.1963
.1963
Stamp mod 3%s ext to
1994
Ext sec ref 3Vas series B
—..1967
APernambuco (State of) 7s
1947
A Peru (Rep of) external 7s__
—1959
59%
82
87%
72
>
A-O
(Rep) extl s f 5s ser
AStamped assented 5s
23%
33
,
*17%
18%
4s
65
109
101%
J-J~
J-J
23%
84V2-
73
101%
M-N
23%
56%
73
67%
A-O
A Panama
77
109
'
J-J
J-J
1960
assented
AExternal
50V2
Feb
A»«af^fcedT
sinking fund
s
) - 73%'
jVi. . ; ;
1943
f 7s
fund 6s
A Extl
external
-
i842
External
7s assented
AExternal sinking
ahs
.
24
68
937/8 94%
93% 94%
89% 89%
100% 100%
72%
M-N
J-J
»
-
•
24
42
16
82% 84%
.
External
24
16
45
42%
17%
sink fund 4%s——1956
sink fund 4Vis.—.
1965
•External
24
;
,•
12
32
:
,100
6s,_—1944
external
15%
:'
5.7%
*100% 102
*101%
i ■
!
51 >
51
53
> 48% ■>. 48% 50%
■
' 48%
48% 50Va
.
• 50% •
50Vi 53V8
'
93% 93%
,
*94
95
__
97% 97 %'
A-0
1961
1967
25-year 3 %s
30-year 3s
30-year 3s_.—_—
;
99%
92Va 92%
84% 84V2
.
70
18
.—1958
—
—
15 Vb
'
26:
99
1
A-0
s
s
.
'
external s f $ bonds
External
A Chile
-••"57%
^
M-S
M-S
F-A
f 4V4-4%s
External readj 4%-4%s
Refunding
93%
.
74
75
68%
MS
1963
Municipal Bank extl s f 5s——1970
Oslo (City) sink fund 4%s—
—.1955
■
'
18
84%
82 V2 '
-
M-S
F-A
J-D
^
—1961
—1977
.1970
1976
1973
—1984
stamped,
——
s f 4%-4%s
External
-
.
J-D
Brisbane
Sinking fund gold
;
,
J-J
J-D
f 6s.
"•
-vl'-T "
18%
92Va
""
M-S ;
External s f 7s
Canada
■
99
M-S
M-N
__1949
«___i._1955
.1955
JABrazil (U S of) externa) 8s
.,1941
AExternal s f 6%s of 1926.
,.1957
AExternal s f 6%s of 1927
1957
A7s (Central Ry)
u,——i.1952
External
M-N
M-N
F-A
_
6%s
Belgium external
3%
17
(National Government)
external 4 V2s
A6s
23
•
*16%
a-0
47%
3-D
•
—,1957
f 5s
s
16
L— '■
.
*16%
;
"
13
73%
.
3-3
§ A Treasury 6s of
16
18
.
17
.,1957
S f
■
60%
72 "
85
A-O
.,,1954
15 Va
6
18
*17
a-0
..1957
Argentine
:
;
15%
''
j-j
,1958
62%
V.;
2
>
17%
17%
.
..
~
.,1957
AExternal s
■
17%
61
.,1945
A
17%
j-j v
.;■
■'•
*63
m-s
.
59%
71
A-O
1913 assent
,1933 >
Assented to Nov. 5,1942, agreement1
(State)—
/
A Sec external s f 6V2s
—1958
ASec external s f 6%s—
—1959 >
AMontevideo (City) 7s
1952
A 6s series A
:
1959
New South wales (State)—
,
>
54%
62%
,
"
.,1968
61
59'/8
30%
M-S
;1945 k.
agreement
Norway
55
46
54%
.
."'rA
A-0
.,1948
139%"
38 Va
2
M-S
agreement
External
44
106%
5
A-O
.1945
agreement
External s f 5s_,
•
1C7%
60%
60%
71
A-0
/^Assented to Nov. 5,1942,
Teletype
NY
New York
103
*143%
/
Mlnas Geraea
Stock Exchange
30
102% 103%
A-O
AAssenting 4s of 1910—
Assented to Nov. 5, 1942,
>
& Municipal
Govt.
100%
F-A
..1943 ''
A Assenting
i: >
Broadway,
103 V4
72%
"103%
J-J
5,1942, agreement
/:
1 US) extl 5s ol 1899 *
1943
A Assenting 5s
:
■
120
102%
102%
102%
A-0
•
101%
100
*104'%.
A-O
-Assented to Nov.
A Mexico
.
Members New York
29
*103%
1964
,
assented——.^
A4%s stamped
•
Wertheim & Co.
58
19
*102%
.
J-D
(Prov) 4s readjusted——,1954
Irrigation—
Mexican
Foreign
;
;
(Republic)
Mendoza
;
Telephone
"
J-J
s f 6s series A—1952
.
(City) extl 6yas———.I960
Irish Free State extl s f 5s
—\S30 \
A Jugoslavia
(State Mtge Bk) 7s_—1m57 >
AMedellln
(Colombia) 0VaS_—
,1954 ',
Haiti
-
Foreign Securities
39
*100
'
■/v.-v//->>
paid-^L——
A6s part
;
;
7
1980
60
7
21%.
40
19
64
21
,
—
Greek Government—:;
A7s part paid—.
7
100.25
38
38
4
65
.,
100.25
101.11 102.28
*100.25 100.26
21 Va
J-D
5%s 1st series,,,——
—1969
T
5%s 2d series^.,,:
——,1969 '<
AEstonia (Republic of) 7s
.1967 •
Finland (Republic) extl 6s
1945
French Republic 7s stamped,:
1949
7s unstamped,,
—1949
,.
100.25
*100.12 100.14
,
100.9
100.12
:
37
30%
30%
"
60
64
F-A
1926
.—,1940 "
§A2d series sink fund 5%s
.1940
Customs Admin 5%s 2d series
1961
-
64
48%
34- ;•
4
60%
M-N
F-A
§Alst series 5%s of
100.30;
100.9
64
52
38%
36
36
M-S
1942
5%s
34
37
M-N
:
1962
5 A Dominican Rep Cust Ad
42%
65
23
25%
"
1955
5'/2s
gold
59%
F-A
1952"
External gold 4V2s
;
City
Corporate Stock—
3%
M-S
External
/
101.2
24%
16
59%
34
J-D
SADenraark 20-year extl 6s_—1942
100.14
32
52
*57'
40
M-N
(Rep of) 8s ser A-1951
ASinking fund 8s series B
104,20 104.20
100.26 100.28
28%
18
40
>
6
A-O
.—,—,1945 ^
5%s
"v
17
23
>57
■
j-j
Helsingfors
Unification Issue—
Transit
—6' *101.9
'
J-D
wks
APublic
■
10T5" 102.T.
105.3
100.8
5%s—1953
:/f.: Sinking fund
A Czechoslovakia
100.9,
loo.il
*105.1
J-D
■1952
—
*100.9
100.9
.
-
101.25 102.13
106.23 107.8
101.3
*100.22 100.24 t
M-S
;
16%
*21%
••;.
,,
A-0
External 5s of 1914 series A_—1949
External loan 4%s_,
1949
4%s external debt
T—,1977
-
/o
104.30 105.7
101.8
101.8
M-S
1944- •1947
1945-
..
100.22
100.6
100.10 101.4
*101.1
M-S
1944- ■1949
1944-
—
Owners' Loan Corp—
100
*101.12 101.16
J-D
,
100
*101.18 101.20
M-S
1964
104.20
78
6V2s_
Mtge Bank
v ::16%
A-o
r
1970
—,1947
f $ %onds
s
Sinking fund 7s of 1926,——,,1946 :
ASinking fund 7s of 1927—
1947
Copenhagen (City) 5s
,1952
25-year gold 4%s__—„
1953
A Costa Rica
(Rep of) 7s
—,1951
Cuba (Republic of) 5s of 1904—,1944 ,
104
114
*104.11 104.13
..-■'■L",
',,v;
external
24 V*
17%
11:
24%
17%
17%
"*
'
.—Jan- 1901
A
100.10 101
100.21
100.2
102.2
,
V J-D
1948
103.24
104.5
*102-
'
,
M-S
1928
1927,
A Colombia
107.23
103.6
*106.24 106.28
J-D
V
107.6
106
1106.20
> ;
Oct 1961
of
of
24%
17
.17% '.,22%
J-D
.1981 )
24%
24%
18%
53
M-S
53:
(Republic of)—-
Abs
3s
100
100
loo
100.1
*100.10100.12
*106.9 106.11
»101*22 101.24
j-d
-1951
—
.
,
/;
■
Treasury
3s
100
V
J-D
Colombia
A 6s
*100.12 100.14
*100.1 100.3
__
.
111.29
17%
16%'; 17%
•
25
19
•
16%
;":.>i6%
16%
.25%
17
18 >•'.
16%
M-N
M-S
/
'
26
18%
18%
__
17 •
*16%
'
•:
A-0
'
17%
n%
17,
•
'
*16%
,,,,1960
(Hukuang Ry)
Chinese
108.26 112.20
103.9.
*103.7
MS
J-D
a
108.21
.v
*103.22 103.24
'
2s
—Sep 1949' •1951
2s_——
Dec 1949> -1952
Treasury 2s
—March 1950
•1952
Treasury 2s
——Sept 1950- •1953
Treasury 2s —————-—-195T
•1955
Treasury 2s—
.
,1951- ■1955
Treasury 2s—
—
-■—1953-
3 ViS
'
'
Treasury
Home
.
111.26
18%
,17%
.,
High
19%
*16%
a-o
Low
■
°i7%
v.'1
M-N
A7s assented,,,
;
v.
108.15
NO.
J-D
J-D
'/
Range for
year 15)43
Sold
High
•
17%:.
>
J-D
.
^1960
A Chilean Cons
108.10 109.11
107.3
*107.1
M-S
,
Bid & Asked
.
,___1962
A6s assented,,,
Munlc 7s
.
* 107.10
107.3
1957
,1957
6Vas
M-N
J-D
A Guaranteed sink fund 6s
^,^.1961
Aps assented,
—
—
1961
AGuaranteed sink fund 6s_
.,1962
,
103.17^ 104.26
*106.19 106.21
:
6s assented
„
M-N
—1963
1963
Bonds
Friday's
or
i
Low
A6%s assented,,—
;
.
112.23
109.9
Sale Price
6%s,—.1961
A6%s assented,^,,,
„_1961
111.28
*106.12 106.14
M-S
J-D
*
;
Last
Period
A Sinking fund
: .
103.11
*103.9
J-D
106
110.6
*111.15 111.17
M-S
Mar 1948
-1950
Dec 1948'
•1951
Jun 1949'
l3/4s———June 15
Farm Mortgage Corp—
ni.2
*ni
"
Treasury
Federal
•;
„
110.27
105.15
*106.20 106.22
*109.2 109.6
4*111.10 111.12
,
"
1959
110.13
*103.9
J-D
1963
"'
.
106,30
Interest
-
•
sinking fund 6s_,
/AChiie Mortgage Bank
111.23 111.23
103.11
111.23
>
WIS
v
-1950
2s——
2s
*111.2
M-S
1960
2Vis
<,—
.1948
Treasury 2Vis—.——
1953
Treasury 2ViS—
—
—1949 1952
Treasury 2Vis——
1950 1954
Treasury 2Vis
—.
—1952 1958
Treasury 2V2s_—
.—1956 1967
Treasury 2 Vis
—
1962 -1968
Treasury 2Vis «—
——1963 1969
Treasury 2 Vis—.
June 1964
-1969
Treasury. 2V2s ——Dec. 1964
-1972
Treasury 2ViS———
1967
-1953
Treasury 2 Vis—
—i—1951
-1955
Treasury 2ViS—
——1952
-1956
Treasury 2 Vis——
,———1954
.1947
Treasury 2s
Treasury
'•>
:
;
a
105.21
105.6 *
111.4
*105.4
106.3
Stock Exchange
Ended Jan. 21
(Continuedr—•
(Rep)
AExternal
;
100.27 103 ;3
'>105.13 105.15
*110.7
110.9
'
•
1948
Treasury
Treasury 2s
/
J-D
1955
—
Treasury
J-D
■
'
114.1
103.4
2
100.21 100.21
A-O
1952
111.30
6103.2 6103.2
*106.3 106.5
&
■
,,
Chile
High
Low
•no.:;
>111.19 111.21
A-O
,
——'—1947 -1954
4 Vis
Treasury 4s—
Treasury
of
Week's Range
Friday
bonds
Week
1943
year
York
New
Range for
Sold
High
Low
Government
ij. S.
Treasury
Sale Price
Period
Bonds
or Friday's
Bid & Asked
Last
Interest
Stock Exchange
Week Ended Jan. 81
-:y
Week's Range
Friday
BONDS
New York
YEARLY
-
deferred delivery sales are disregarded in the week's range, unless they are the only transactions
in the week in which they occur. No account is taken of such sales in computing the range for the year.
the month when the bonds mature.
.
• *
weekly range are shown in a footnote
"Interest Period" indicate in edch case
of the regular
the column headed
WEEKLY
-
and defaulted bonds. Cash and
interest"—except for Income
"and
are
and when outside
•
.
.
(
Mew York Sleek
«»
FRIDAY
the week,
'
•
68
63%
61
»
66V2
66
72 %
*55
60%
52*/8
66
J-J
*11%
12
10
13
F-A
13%
F-A
*10%
10
F-A
11
'rW WWlt
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
Volume
'
.BOND S
<
''
'
Last
Interest
Period
Ended Jan. £1
Week
Week's Range
Friday
'
Exchange
Stock
New York
or
Low
Railroad and Industrial
BONDS
Bonds
Friday's
Range for
year 1943
Sold
Sale Price Bid & Asked
Low
NO.
High
Week
series
—1953
1953.
A unstamped
10-year deb 4%s stamped.
1946
74
j-d
Alabama
—1967
3%s ser A
mtge
1st
Power
3Vis..—-1972
Albany Perfor Wrap Pap 6s—,-1948
mtge
F-A
J-J
2
104V4 104'/8
103
,
%
106'
101%
4
107
110
90
3
62
90 '
5
.62
101 Va
5
107 '/a 107%
107%
j.j
-
A-O
90
'
89 Vi
101
101
*102 Vi
A-O
A 1st
105%
:
90%
101 %
•93%
100%
Central Illinois
modified
J-D
100
modified—w—-——-—1950
4-0
93
——1950
A-O
89%
87%
69
-1949
income——.
.
.
93
*
1998
4%s debs_
-1951
Allis-Ghalmers Mfg<conv 4s
—1952
Am & Foreign Po% deb 5s„——2030
A-O
F-A
Af-S
Amer I
103 Va
.-1949
1949
100%
95%
53
70%
.11
87 Vi
Af-N
Corp conv 5%s__
:
105% 105%
105 Va
G Chem conv 5Vis—
:
89'A
70
60%
-
5s
■k
88%
87%
103 %•
103
104
16 ;
•
-
3 Vis
3s
Amer
3s———1962
M-N
107%
.107% 108
51%
74
sink
fund
4s
Af-S
J-J
105%
113
——1995
AO
gold 4s of 1910————1960
1st 4s——1958
Trans-Con Short L
A L
121
103 %
J-D
110.
111%
120
4
J-D
5s——1946
111%
112
110%
112%,
87%
71
34%
18'/»
40%
32%
31%
33%
16%
38%
29
V;, J-J
86%
32%
29
30 %
16%
36
26%
27%
85'/a
20
34
74%.
75%
76%
65
76
108
100%
V, Af -N
1948
Af-S
1992
gold 4%s
M-s
impt mtge 3 Vis D
"108
100
106%, 111.
100%
100
100
83
133%
133% 134
101%
100%
,
96%
102
92%
23
M-N
107%
107% 107%
1996
F-A
V— V.
107% 107%
1946
J-J
137%
102%
102
108%
118%
121
120
J-J
1989
130%
115%
1996
,
Div
1st
gold 4s
cons
2d consol gold 4s
1989
tAChicago & Alton RR ref
~3
;./•
*117
A-O
25%
25
,
26%.
A
-
4,
33
121% 121%
J-J
3s_—__ 1949
Illinois division 3 Vis
3Vis
,
-
■'
111%
iu%.
J-D
1-
108
114%
.
1,569
108%
15%
31%
J-J
.41 %
—1948
—1953
J-J
331
87%
92%
Atlantic & Danville Ry 1st 4s—1948
93%
351/4
4s—;—Oct 1952
71%
72%
509
63
92%"
142
'74%
41%
41"
32%
f-a
91%
F-A
98%
5s
series
A
35%
:29"
29%
40 1
92%
102 Vi
93%
40
100%
967/a
111
91%
98%
145
53
102%
81
85
73%
.
99'/a
65
287
95%
105
97'A
105%
88 Vi
,
inc
1997
(conv),,.
J-J
51%
52%
92%
105
32
49%
125% 125%
10
118
124%
79%
81%
43
66
77
54%
51%
54%
66
38%
48%
56
54
56 v8
28
31%
58
53%
52%
54
170
31%
53%
50%
52
27
29%
49%
15%
Af-N
J-J
81%
J-J
J-J
1947
J-J
1947
J-J
.ARefunding gold 5s series B
ARefunding 4s series C
.
.
mtge
1982
45%
,
1977
1971
ref
78
100% 102%
1988
'
34
Af-S
&
102%
103% 104 Vi
*,_•
1958
AGen inc mtge 4%s
2038
JAChic Ind & Louisville ref 6s A__1947
90% <
39%
>
v
1949
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series A
73% ;
91%
-.
registered
AGen
>
92%
.72 Vi
1964
104% V
93%
6
102
102
*100% 101
:
Chicago & Eastern 111 RR—
103 %'
102%
101A
104
1st
110
102
II
&
101 iO
102
7-j
1949
;
1st & ref 4%s series B
V.;
107%
>101
.
J-J
1949
Division -4s
-General 4s
'
304 -.
111%
V"
M-N
1st cons 4s—July 1952
4s
1949
registered
Illinois
107%';
105%
22
111% 111%.
J.J
4s—
112
87%,
33%
R & A
105
8
110%
*102
J-J
J-J
mortgage
112
75%
120%
96%' 107
•
•95%
*110
J-D
Second
A-O
J-J
71%
■
B———1944
coll gold
N
19%
55%
114%
22
110
J-D
1st 4Vis A——1944
unified 4 Vis A——
General
37%
99%
107%
108%
1071/4 108%
107%
93 Vi
L &
20
80
102%
107% 107 Vi
M-N
M-S
Atlantic Coast
28
Ref & impt M 3%s series E
Potts Creek Br 1st 4s
~
30-year 5s series
27%
&
-
120% 121%
Nov
1st
J-J
19%
Chicago Burlington & Quincy RR—
Adjustment gold 4s.
1995
4s————-——1995
Conv gold 4s of 1909——
—1955
Conv 4s of 1905.;*—;———-1955
Atl & Charl
57%
78%
Ref &
Topeka & Santa Fe—
Atl Knox & Nor 1st gold
35
,98%
106%
48
54%
99%
78%
103%
113%
54%
79%
RR
General
*<12-V
105% 105%
113%
J-D
A-O
•
102
A-O
6'A
F-A
110
19
105%
105
15
Chesapeake & Ohio Ry—
61^
*102%
105%
Stamped
Conv
•
'
22
(Deli-1957
C
22
80
1978
Reries
General 4s
;
78 %
80 *..
Q-J
69 %
F-A
income debenture?
Atchison
•
68%
14%
1987
Certain-teed Prod 5%s A
105
Wks St Elec 6s series A—1975
100%
118
.'3,:/ V 98'/a
Jan
14%
117%
166
104% 104%
deb
50
6%
A-O
Banking—
<
:
,
§ A5s stamped
—_V„,1942
110%
115% 115%
104'/a,
————1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B_,—.——1955
1st
107
115%
A-O
Arbor 1st gold 4s
7s
107%
M-S
Anglo-Chilean Nitrate deb——1967
Ann
22
108% 108%
108 Vi
J-D
23%
15%
Through Short L 1st gtd 4s__—1954.
' Guaranteed gold 5s_,
.i960
110%
,——,..1956
debentures-,.
Tobacco Co
Am Wat
A
—1966
debentures—
conv
41%
14Ya
A-b
Central
107V4
91
40%
15
F-A
107%
41;-::
107% 108
107%
57%
68 Vi
41%
,1962'
,
A-O
30%
84%
Central Pacific 1st ref gtd gold 4s.l949
1
American Telephone & Telegraph Co.—
3 Vis debentures
1961
57
83
J-J
.1987
102'/a
55
1987
4s——.
100%
*
1968
registered—
102
84%
.1987
Central N Y Power 3%s
917/8"
78%
103% 106
31-
;
110
4s
60%
105 %
102
56%
,1961
registered,—
AGeneral
106
105%
156
v
106% 107
J- J
102
-
/ 92
104% 106
104%
M-S
69 '/a *
62
;•
48
102'i
A-O
1959
Light 3%s.
107%
55%
104% 105
m-n
1959
tACent New Eng 1st gtd 4s^
JACentral of N J gen gold 5s_.
:
■94
53%
.
17
70%
Allied
Internat
/
93
"
Alleghany & West 1st gtd 4s
Stores Corp
•
83
19
99% 100
5s
5s
110
F-A
—,—1945
:
106%
101
107
55%
High
62
107%
J-D
AChatt Div pur money gold 4s__1951
AMobile Div 1st gold 5s
^.1946
«
107
104%
J-J
1945
Nov
ARef 81 gen 5%s series B
ARef & gen 5s series C
90%
94%
-
—
mtge 5s—
5 A Consol gold 5s
■
Alleghany Corp—'
——
m-n
Celotex Corp 3%s debs.
^1955
ACent Branch U P 1st gold 4s_—1948
tCentral of Georgia Ry—•
Albany & Susquehanna RR 3Vis—1946
3Vis registered.——1946
Am
Corp 5s w w—,.1950
103
A-O
A5s
Gen
gtd gold 4s——,1981
Corp 3 Vis debs
—1962
102
*103% 104
109% 109%
Celanese
J-D
F-A
109'%
tjoto
100% 102
Cart & Adir 1st
&
year 1943
Higti
Low
102
Carriers
104%
M-N
1
•
m-s
—1965
102
A-O
assented
warrants
4s_.!
at-a
——1948
with
6s
Ohio
&
Range for
Sale Price Bid & Asked
J-J
71%
48%
36
74 Vi
74
Clinch
1949
Week's Range
or
Friday's
Last
Period
76%
64%
J-D
Alabama Great Southern RR—
1st
Interest
21
tSACarolina Central 1st gtd 4s
Carolina
AStamped
Friday
Exchange
Jan.
*,
jCompanies
Adams Express coll tr gold 4s,_—1948
Coll trust 4s of 1907,,
—-1947
Stock
Ended
High
fAbitibi Power & Paper—
§A5s
New York
.
-a
1st
&
gen 5s
series A—
—1966
'U
.107
104
•V' 5
105% 105%
13%
11%
13%
360
6%
May 1966
J-J
14
11%
14%
190
6% .15%
1956
J-J
93
90
93
4s series A
May 11989
gold 3Vis series B—May 1 1989
J-J
77%
75%
77%
J-J
71
69 Vi
71
AGen
M-S
Af-N
AGen
3s„
Atlantic Refining deb
4%s
May 1 1989
J-J
79%
77%
79%
.
A 1st
& gen
6s series B_,
Chicago Ind & Sou 50-vear 4s
53
66%
93
300
tChicago Milwaukee & St Paul—
AGen
B
series
C
43%
74%
121
40%
70
342
44%
'
79%
AGen
&
Baltimore
Ohio RR—
v
-
July 1948
mtge gold 4s
1st
Stamped modified bonds—
1st mtge gold (int at 4% to
V
Oct 1 1946) due
;
July 1948
Ref Si gen ser A (int at 1% to
;>• Dec 1 1946) due—
—1995
1'.. Ref & gen ser C (int at lVi%
to Dec 1 1946) due
—1995
;
:
(int at 1% to
due
2000
(int. at 1 % to
v' '
Sep 1 1946> due
1996
A Conv due—
Feb 11960
A-O
80% >
76 r/
45%
J-D
50
45%
'
.
"
'
1
to Jan
1950
—1959
due.*
1947)
Toledo Cin Div ref 4s A
Bangor & Aroostook rr—
4s
,
48% ,50
Af-S
43%.
45.-.:
■
.
•;..- iy.
52%>
V
I
45 V,
'i
V.'
Af-S
45
43%- 45
34V-
234
45
4%s
series
F
May 11989
J-J
79%
777/a
79%
229
45%
-1975
F-A
48%
47%
49%
2,135
18%
.—Jan 12000
A-O
13%
13%
14V4
2,552
4'/a
V
AMtge gold 5s series A
adjustment 5s
'M
■
.
32%
205
'■
f.
52% V
AGeneral
-v
69
61
'
59
61
J-J
63
60Vi
63
79
J -J
•
210
74
32%
24%
-
1
—1987
.
V
A4Vis stamped
AGen 4%s stpd
§ A Secured
•••.>
•
J-D
debentures-—_—— ,1956
A-O
100%
A-O
104%
(
J-J
53
52%
51%
52%
104
52%
51%
52%
68
46
61%
A Conv
M-N
14%
14-
147/a
1,873
59%
76%
74%
77 :'t;w
60
76%
49
.102
-
105% 105%
25%
82%
99%
1
128%
30
132%
98%
103%
105%
2
103%
106 v
10
looyg
20
102%
gold 4%s
3 '/as
55%
1966
1950
gold 5s,1945
Af-N
Consolidated
5s
—1952
——■—1955
—1960
gtd
,
>_'•
*_'_
103
M-S
*92%
M-N
*101%
A-O
108%
F-A
103%
Af-N
61
53%
55%
269
45%
26
108
Vi 109%
23
4s
1966
Canada Southern cons gtd 5s A
Canadian National gold 4Vis
,
Guaranteed
Guaranteed
gold
95%
109
95%
73%
86%
39%
58
23 Va
'■
36
5
108%
r
103%
'ADebenture
105%
110
4
109
1st
115%
v 110%
109
109
Af-N
49 %
47 % >. 49%
96%
228
35%
.
Collateral
For
trust
24%
465
tl%
23%
23%
23%
237/s
216
11
22%
90
90%
3
81
71%
71%
73
A-O
J-J
A-O
87%; 87%.
footnotes
see
page
75
53%
71
62%
75
11
77
92
75
58
12
...
-
mtge 3Vis,
1966
L
——:
/
J-D
Af-N
F-A
1967
1969
General
gold 4s__—
5s series B
*,1993
Ref & impt 4%s series E
i
St L Div
Cleveland
1st coll tr gold 4s_—__1990
Elec Ilium 3s
1970
& Pittsburgh RR—
C
3%s
Series
D
3Vis
gtd
gtdi
s
series B
J-J
79
M-N
F-A
1981
J-J
118%
2#
106%
109
12.
113%
118%
Colorado
4%s
&
B_!
(stamped
Columbia
G &
E
113%
118%
119%
Columbus & H V
111 %
118
Columbus
& Sou
Ohia El
Columbus
& Tol
1st
1
111% 111%
67
110%
114
J-D
111%
111% 111%
15
111%
113%
75
71%
♦101ft
J-J
J-J
105
1960
M-S
102
Vi
—
105% 105%
101% 102
101%
6
68
92%
50
62%
770
59%
,<56
:
83%
110%
113
59
-
84%
71
89%
85%
90%
46%
41
61
<46
53
r
65
27
58%
83%
106%
109 Vi
107
*
—
—
*—
107
105
108
*108
—
108
108
105
106
*106
*106
*
99
A-O
96%
99
57
71
99
67
75%
94%
64%
A-O
97%
95%
97%
A-O
89%
87 %
91
162
A-O
83
79%
83%
246
1945
J-D
1970
87%
59%
78%
103%
85%
A-O
.
88%*
105
A Commercial
Income
deb
extl
extl
4s
105%
1st
1970
A-O
M-S
.,1955
91
101V4
Conv
debs
3%s,_
—
104
55%
80
87%
104
,
93%
56%
65
46 %
53 Va
103% 104%
31
92'A
104 Va.
103% 104%
68
88
103%
*108%
F-A
Mackay Corp—
w w
Apr 11969
mtge 3%s series I
"
J-J
gold 4s_,1948
3%s__
Commonwealth Edison Co—
95%
Af-N
,,1961
1st
56
Af-N
__1980
May 1952
Debenture 5s^
113%
88
90%
.,1977
deb 5s
1
86 %
112
108%
109%
3.3.55
1973
Ry.—
modified)
3
111%
88
110%
8
68
59 Va
Southern
117% 117%
F-A
F-A
111%
96
111%
*115% 116
-u
F-A
gtd
116% 116%
117%
A-O
84%
107%
107
1977
f 4%s series C
5s
14
97
•
1
1st
f
•
59
J-J
1948
s
.
M-N.
.—,1950
ref 4'/2S series
&
•
28 Vi
*100
62%
J-J
1991
38
*108% 110%
92%
'.*_/■
41
18
109% 110
J-J
*
—
*
J-D
.1977
Cin Wab & M Div 1st 4s
;
:
•
J-D
1993
:
-
?4
■
108% 109
108%
F-A
,
4
66
1971
Series
88%
105%
55
1st gtd 3%s D
Union Term
105'A
97
55%
Colo Fuel & Iron 5s inc mtge,:
J-D
105 V4
21
105%
64%
109%
106% 106%
110%
100
94%
54%
108 Va
116% 116%
107%
7
41
55
2
1
20
647/«
109
18
:
62
56%
102'/a 103
'■■■
55
54%
109
97%
.
2
109% 110
,109%
J-J
A-O
a-o
117
"'
49
55%
153
,
V,;
J-J
Af-N
Coal River Ry 1st gtd 4s„_
Vi
65
: A-O
102%
96
68%
65
65
,—1957
102%
117
66%
68%
:'
V
.-*.,.1943
cons
12
1954
13'/a
92 »A
67
'9
77%
5s_—-1952
——
102
116%
368.
41
70
17
65%
75
105
102
97 Vi
64%
..
I°51/2
A-O
106%
z
84
i
M-S
Cleveland
24
,1944
4Vis
84
104% 105
1st
50%
24%
J-J
6s equipment trust ctfs
Coll trust gold 5s
38
10
92%,.
105
mtge gtd 3%s series E.
Cleve Cin Chic & St .Louis Ry—
Cin
•
A-O
J-J
—1970
,19
5
91%
,,1962
5s
General
117
„
4'/a
J-J
Cincinnati Gas & Elec 3%s
105%
1
5s
tAChoctaw Ok & Gulf
104 %' 109%
83%
A-O
Guaranteed gold 5s
480
9'A
61%
4.141
..
1
99
J-D
Co deb
tAChilds
111
61
J-J
Guaranteed gold 4%s_—
—1955
Guaranteed 'gold 4 %s—
1956
Guaranteed gold 4Vis
*—1951
Canadian Northern
Ry deb 6Vis
1946
Can Pac Ry 4% deb stk
perpetual
10'A
77%
—
1st & ref 4'As series D
101
44
112
1957
1969
20%.
64%
35
46
■
96%
112
1962
Oct
908
84
M-S
Dec 11960
✓
91
105% 105%
F-A
.July 1969
5s
gold 5s
47
;
J-D
Chicago Union Station—
1st mtge 3%s series E
,1963.
1st mtge 3V4s series F___
—1963
Chic & West Indiana com 4s——1952
:
101%
101
103% 103%
109
105%
94
:
92%
80
*100%
Af-N
J-D
78
__
45
F-A
Af-N
95
*93
guaranteed 5s
1st
California-Oregon Power
41%
J-D
1960
ACertificates of deposit-
1st
—1968
40 Va
45%
9%.
J-D
gtd 4%s—1961
Cleve Union Term gtd 5%s_,
^^1972
3%s„
77
33%
1
V.V
'
Gen
Power
46%
69%
68
'
1951
Memphis Div 1st gold 4s
Chic T H & Southeastern 1st 5s
Cleve Short Line
Elec
25
914
68%
68
J-D
1951
General 4%s series A
California
15
40%
Af-N
1960
Chicago St L & New Orleans 5s____1951
Gold
4-
45%.
A-O
M-S
50
50
50
69 Va
1952
103
July 1970
4s_—_ 1955
Bush Term Bldgs 5s
74%
23%
22%
23
68
J-J
1988
of
1934-
AConv
105%
102%
> F-A
1927
52
53
-
67%
103
105 % 105 Va
part paid
§ A Secured 4%s series A
101
39
-1949
deposit
5ARefunding gold 4s_„_,_,_
v;
100%,
5
C
4%s series A
ACertificates
/
99%
4 Vis
t A Chic R I & Pac Ry gen 4s
■i
.102% 102%
M-N
Bush Terminal 1st 4s_—
65%
81%
52%
102 %
86
§ A 1st & coll 5s—————1934
A Certificates of deposit
—
35%
39%
J-D
105 V4
85
A——-.1947
Debenture gold 5s__—:*
.—1950
1st lien & ref 5s series B——1_1957
Buffalo Gen Elec 4Vis B.
—1981
Buffalo Niag Elec 3%s series C—1967
Buffalo Rochester & Pgh Ry—
Stamped modified
(interest at
3% to 1946) due—-1957
tBurlington Cedar Rap & Nor—
33%
74
J-D
F-A
86
& ref 6s series
122
J-D
f-A
J-J
lien
70%
84 Va
May 1 2037
May 1 2037
*100% 100%
,1960
1st
68 7a
82
May 1 2037
4Vis stpd,
ref
Income
Bklyn Union Ous 1st cons
70%
84%
M-N
Af-N
ref gold 5s
128% 129
J-D
Bklyn Edison cons M 3Vis.
64%
67%
ref
*99'/a 100%
128%
1st mtge 4s——.—1944
Boston & Maine 1st 5s AC
1967
1st M 5s series II
—-1955
1st gold 4%S series JJ—
-1961
Bklyn Union El 1st gold 5s—
33%
34
&
104% 105
Alnc
"7
96
&
T;
60%
67
69%
A 1st &
100% 100%
JABoston & N Y Air L 1st
32
M-N
-1936
,
64
68%
69%
A 1st
8
,1952
debs
Consol mtge 3%s series F—-— ,1959
1960
Consol mtge 3s series G
,1965
Consol mtge 3%s series K
'
64
65%
62
11
1950
4s series RR—
mtge 4Vis ser A—
32%
30%
33%
70
79
A-O
47%
16'A
38
40%
79
A-O
79
46
51%
78
1960
787/a
;
66'%
M-N
.*1987
6%s
■
218
77
1951
mtge
67%
68
M-N
registered
Fed" inc tax, —1987
AGen 5s stpd Fed inc tax— -1987
52%/:
,37%:
65%
66%
M-N
AStpd 4s n p Fed inc tax— —1987
4s
/
V;
67%
68
M-N
207.
*48%
J-D
..1st
M-N
M-N
—1987
45%
74
J-J
Big Sandy
4s
A 1st
M-N
J-J
.1951
Beth Steel 3 Vis conv
f*.
768
32%. 34%
1989
2%s
77% ' 79%
tChicago & North Western Ry—
AGeneral gold 3%s
1987
3%s registered:
—1987
"35%-- 57'>t.
158,
t
F-A
.1951
1st gtd 3s_
Beech Creek Extension 1st 3Vis—
Bell Telephone of Pa 5s series C—
Beneficial Indus Loan 2 Vis
79%
.V
stamped
Battle Creek & Sturgis
•
32s/a
J-J
77%
406
May 1 1989
.
ref 4s—
Con
,
60%
E
; A Conv
,
171
82 Vi
•43%
J-D
78%
82%:
series
tChic Milw St Paul & Pac RR—
'
A-O
Ref & gen ser F
Pgh L E & W Va System-—
Ref gold 4s extended to—-1951
S'west Div 1st M (int at 3Vi%
.75%
'
Ref & gen ser D
Sep 1 1946)
59%
286
81
4%s
AGen
■
/
*108
109 3A
110%
107%
111
112%
__
108 %
*113%
112%
-
May
.
>
128
117 Vi 128
21
54
114
;
1968
J-D
109% 110%
17
108%
1958
J-J
112% 113 %
117
1087/a
111%
115%
if n
Monday, January 24, 1944
Interest
Stock Exchange
Ended Jan; 21
New York
Week
Asked
Sold
Hiah
Sale Price Bid &
Period
No.
Low
4VaS__,
& L 1st & ref
Conn Ry
.1951
.1961
f 3%s A_——
.1953
Consolidated Cigar 3%s s. f. debs.
Consolidated Edison of New York—
Conn River Power a
A
1
A
22
100%
1041%
Litchfield
44
103 3A
107%
104 Va
108%
Vi
12
106
109%
Bridge gold 4s
'
Div 1st gold 3s_—;
Cairo
106
A-O
108 % 108
J-J
43
49
47
103 3A
31%
1955
J-J
*47 Vi
J-J
48%
33
51%
2
32
51 »A
1965
M-N
20
103
1967
M-N
109% 109%
1970
M-N
111% 111%
56
>■
48%
3Vis
3 Vis.
mtge 3Vis.
mtge 3Vis
mtge 3%s
1st mtge
1st mtge
1st
1st
1st
,1966
1950
A
1955
J-D
1942
J-D
5%
Ry 1st
a Deposit
receipts—,
A Cuba RR 1st 5s gold
A Deposit
receipts
§ A Cuba Northern
74%
77
f-a
64
62%
64
65
65
68%
68%
68%
J-J
Deposit
A6s series
B
'
98 Vi
36
93
98%
11
32%
45 3/8
25
27
40
44
"
.
60
;
.
y'V
:
47 Vi
$6 %
3
i
10
30
"5/:
.-1972
—1947
Telep & Teleg deb gold 4Vis—1952
Int
83%
18
62%
80
62%
59%
62%
520
475/a
60
55%
58%
236
43'/a
56%
58%,
48
*102
a-o
;101
104
24%
52%
223
6%
24%
473/4 '
102
23%
48%
46 %
60%
47%
126
63 Va
36
370
105%
104%
107%
92
101% 101%
F-A
118
234
;
3%
66%
/. 8
1%
147
803/4
63%
80%,
: 3%
,77%
80
F-A
102%
76%
•74%
763/4
101%
95%
*96'/a 100
V' M-N
V; J-J
70
38%
11
107% 108%
108%
48%
23%
102%
104'/a 104%
j-j
M-S
106 3%
1023/4
60%
46%
A-O
104%
1013/4
523/4
.46%
46%
J-J
47%
108 %
102%
1
;
.19%
■18
18%
A-O
3%
1959
J-D
68%
64%/68%;
1961
J-J
96%
96%
■
243/a
108%
.
_
101
50%
'■'•■
•52
j-j
v;;. J-J
.?.
99%
82
85
51
.
i' m-S
1951
ref 4s-
JAlowa Cent Ry 1st &
r.%/17..
*108% 110
106% 106%
.
A-O
.
!:■■
99% IOO
10O
a-o
5s—.1955
Debentures
65
5
82%
J-J
1st lien & ref 6%s
.
61
*87%:
M-3
1st 5s B—
Int Rys Cent Amer
101
96%
/
47%
83%
j-j
.
gold 5s series C___.__y._^_i956
El deb 6s„_—
.1944
Internal Paper 5s series A & B—1947
Ref sink fund 6s series A
1955
39%
26%
13
45%
101
101
1st gold 4s
A 1st
48
61
1
•■■■'
,77
48%
y j-dy
Internat Hydro
40%
42
-44 %
%
45
a-o
V4
27
'*55
J-D
51%
38
'
17
46%
•
53%
44%
36
:
'.'.A--
*55;
45
receipts—
extended to
111%
103%
Vi
60
'
Vi.
98
43
46%
109%
108%
42
j-d
jAlnd & Louisville 1st gtd 4s-
101
•
1950
1956
Indianapolis Union Ry 3%s ser B_1986
Inland Steel 1st mtge 3s series F«-1961
Inspiration Cons Copper 4s
__—1952
Interlake Iron conv deb 4s!
„___1947
tAlnter-Great Nor 1st 6s series A_1952
AAdjustmenfc 6s series A—July 1952
A 1st Ss series B_
»__1956
58
26
'
.,
783/4
63%
24'
■;!■■
■
f-a
.
1963
1963
1st ref 5s series A.
Ind 111 & Iowa
111%
112%
106 Va
.
1
J-J
J-J
111 Cent and Chic St L 81 N O—
49
98
48
J-D
ADeposit receipts——
Curtis Publishing Co 3s deb
,
3
■•■•'
103
103
j-j
1
109
7
:
J-J
110
110
"/Y J,
*108% 109 Vi
103
43%
extended to
series A
A7Vis
A-O
f debs-
/
103% 108%
108%
M-N
2Vis s f debs
Crane Co
Crucible Steel 3%s s
108%
-
'
M-N
1969
108
,
97
80
77
Joint
108
54'%
"5
80
j-j
1st & ref 4%s series C
Power Co
Consumers
42%
97
*96
Springfield Div 1st gold 3%s—1951
Western Lines 1st gold 4s
1951
511/4
'
673/4
843
55%
56%
85
51%
55%
j-d
High
86
74
3Vis_1953
Omaha Div 1st gold 3s——_1951
St. Louis Div & Term gold 3s—1951
Gold 3%s——!
1951
105%
10
,105 Vi
105
105%
J-D \
7
4%s——
1943
year
Low
No.
High
69%
74 ,-.V
f-a
Louisville Div & Term gold
1958
4s.
Debenture
40-year
m-n
—1955
1966
1950
1951
Refunding 5s
102V4
104% 105
106
106%
J -J
1951
deb 4s,
111
100%
'
1954
4s.
Debenture
10834
14
101 Vi 101%
A-O
1958
3'/2s.
19
102% 103
A-O
1958
Illinois Central RR—(Continued)
114
113%
'
novi 111
110%
F- A
J -J
1948
.'
Range for
Sold
Asked
Hiah
Low
Bonds
Friday's
or
Sale Price Bid &
Period
Low
*113 V«
J-J
1948
debentures.
3%s debentures.
3 Vas debentures.
3VaS debentures.
Consolidated Oil conv deb
3148
fAConsol Ry non-conv
•
Week's Range
Last
Interest
Exchange
Ended Jan. 21
Week
1943
year
Stock
New York
Range for
Bonds
Friday's
or
Friday
BONDS
/
Week's Range
Friday
Last
BONDS
85%
6
v
D
Dayton P
& L 1st mtge 3s——
1970
series B—-I965
Dayton Union Ry 3 Vis
Delaware & Hudson 4s
extended—1963
Delaware Power &< Light 3s—^—1973
t§ADen & R G 1st cons gold 4s—1936
§AConsol gold 4Vis-———1936
J A Deny & R G W gen 5s—Aug 1955
(subject to plan)
Assented
A
ARef & impt 5s
1978
series B
Ft Dodge 4s ctfs
1935
t ADes Plains Val- 1st gtd 4Vis_—1947
Detroit Edison 4s series F———1965
Gen & ret mtge 3 Vis series G—1966
Gen & ref 3s series H——
1970
tAUes M &
Mackinac 1st lien gold 4s 1995
a Second gold 4s-s
,-—1995
Detroit Term & Tunnel 4Vis—-1961
Dow Chemical deb 2 Vis-—^——1950
Dul Miss & Iron Range Ry 3%s_—1962
J§ ADul Sou Shore & Atl gold 5s_—1937
Detroit &
Duquesne
3Vis——1965
Light 1st M
Minn Nor Div 1st 4s—1948
Va & Ga Div 1st 5S—1956
Ed El 111 (N Y) 1st cons gold 5s
1995
Elec Auto-Lite 2Vis debs—.-1950
East Ry
East Tenn
Elgin Joliet &
East Ry
3Vis—-1970
W 1st 5s—
—-1965
stamped
———1965
Empire Gas & Fuel 3Vis—1———1962
Erie Railroad Co—
1st cons M 4s series B
1995
AGen mtge Inc 4Vis series A—-2015
N Y & Erie RR extl 1st 4s—
:1947
Ohio Div 1st mtge 3 Vis——1971
El Paso & S
5s
48%
J-J
J-J
V
;
5%
F-A
43
3%
12 V4
18%
4%
4%
44%
154
Flintkote Co 3s
deb——1961
1958
Peninsular 5s_—1943
debs—
lAFlorida Cent &
iFloriaa East Coast 1st 4Vis_—--1959
A 1st St ref 5s series A————1974
40
21 Vi
18%
21%
J-J
110 Vi
A-O
*110%
M-S
,;~8
A-O
J-J
28%
29%
J-J
109 Vi
A-O
V.■ *148
J-J
■102%
J-D
87%
•
J-J
102%
66%
66
y 98
J-J
j-j
*109
El L & P 6s~^.
1st 5s
55
1959
,•
Glover RR(Proof of claim) —
■■%-/:■■
:^
J-D
M-3
.1982
43%
I
.1956
M-N
.
—
76%
-I960
.1997
j-D
.1997
106
19%
Lehigh Valley N
15
14%
gold 4s.
1954
J-J
5%s___—1949
J-J
102%
102
102'%
22
98
Ala Ry 5s—Oct 11945
1934
tlAGa Caro & Nor 1st ext 6s
1956
Goodrich (B F) 1st 4%s
J-J
27%
25
27%
183
19
J-J
57
53
57
34
30
Grays Point Term
1st gtd Ss_.
*101% 102
M-3
1947
Gotham Hosiery deb 5s w w
J-D
*99%
1961
J-J
General 5%s series B
1952
J-J
General 5s series C—
1973
J-J
General 4%s series D
1976
J-J
102%
Great
Northern 4Vis series A.
38
105% 106%
105%
J-D
1946
1954
i
108%
68
43
52%
75%
35%
38%
482
29%
42%
34
35%
17
28%
40.
38%
40%
190
323/e
45
36
38%
25
313/4
413/4
61
35%
40%
m-n
38%
"23
83%
102 %
•
-
J-<t
101 Vi
100
101%
188
83%
100%
1940
J-J
102%
102% 102%
105
99%
105%
Louisville Gas & Elec
Gen
mtge 4s series H
1946
J-J
102 Vi
99
103'%
Gen
mtge 3%s series I
1967
J-J
93%
A Debentures
r'
Feb
ctfs' B
Gulf Mobile & Ohio 4s series B
.1975
J-J
92%
series A—,
.2015
J-J
16%
57
92%
92%
5
;
74
71 Vj.
AGen mtge inc 5s
,
72
15%
1st
Sir, roi
94%
1st
&
69%
H7
m-n
45
43%
45
67%
66%
67%.
*97
A-O
104 Vi 104%
10
102%
M-N
111% 111%
2
109%
111%
..
■
.
130% 130%
Hocking Valley Ry 1st 4 Vis
1999
j-j
t§AHousatonic Ry cons gold 5s
4 Vis debs_,
;
1937
m-n
89%
1954
M-N
105%
Houston Oil
Hudson
Co
1st
Gas
s
f 5s series A—1962
1st
gold 5s__1949
Hudson & Manhattan 1st
AAdj income 5s_
Feb 1957
Illinois Bell Telep 23/4S series
Illinois Central RR—
8
lst gold 4s—
1st gold 3 %s
Extended
1st
1st
•
1957
5s A
a
A'
'
trust
gold
Collateral
For footnotes
89
58%
40 Vi
61%
28%
46
19%
M-3
96%
101%
104%
100%
92%
see
368.
107%
105%
105'
105%
1003/4
100% 1003A,
'96V4
973/a:
97%
103%
A-O
J-J
:
103 % .108
14
94% 105 Va
100
88%
•45
85
125
100
95%
103% 103%
22
102%
105%
107% 1073/4
107%
J-J
25
106 Vi
109%
103
105
*103% 104%
96 Va
*
78%
96 Va
104%
95
105%
m-s
104
103
30
94
103 Va
J-J
102
112
112
11
110
111%
102%
m-n
3-D
93
A—1960
J-D
fund__Feb 11957
AManila Elec RRAs-Lt s f 5s
___1953
A Manila RR (Southern Lines) 4s
1959
*§ A Manitowoc Green Bay <fc Northwestern 1st gtd 3%s
1941
Marion Steam Shovel s f 6s
j.1947
Sugar 4s sink
60%
60%
51%
65
•
A-O
67'%
65%
67%
m-n
65
62%
65
294
47
61%
j-j
65
59%
65
78
43%
59%
m-n
66
64
66
101
46%
62 vi
57
69
70%
m-n
54%
m-s
*32%
m-n
84%
72
70 VA
77
.
94
59
49 Va
70
56
50
14
58%
50
.—
—
i
76%
76%
J-J
76%:
1
39
a-o
101
101
1
-100%
a-o
101 Va
101%
1
100
.L
101%
70
103
102 Va
—
Market Street
140
■
47%
45%
91% "93
58%
Railway—
(Stamped mod) ext 5s__i
McCrory Stores deb 3%
Metrop Ed 1st 4'/as series D__
Metrop Wat Sew &,Drain 6%s.
t§AMet W Side El (Chicl 4s
'■
65
Si:
107
107%
4s series A—1943
mtge 4%s series
Stamped
97
1953
4s~"
page
104 Va
M
Maine Central RR
97
96
•
1955
eold
111%
102%
f-a
Gen
97%
96%
94%
108 %
m-s
Manati
101
78%
*102% 102%
Paducah & Mem Div 4s—
31
*96%
145
*109% 110%
62%
46%
*100
A-O
102 Va
98%
97
M-s
D—4—h.w>_2003
116% 118%
6
13
122%
1023% 102%
88
120
27%
120
101
m-s
105%
58%
56%
98% •1043/4
:7
2
'98%
A-O
i-1946
2d gold 3s———1980
Mob & MPntg 1st gold 4%s—1945
South Ry joint monon 4s—
1952
Atl Knox Si Cine Div 4s
..1955
-
103%
98Vai 104%
18
.
35
102%
a-o
2003
105 :
99%
104%-
'
J-J
107%
103 Va
120% 120%
120%
A-O
106
"
133%
1952
■ni'-IIMi
103
59%
"
80
1
101% 102
J-J
1952
lines~3%s"
trust
28%
j-j
1951
127
42
117% 117%
58
j-j
1951
Refunding 4s
Purchased
A-O
1951
4s^
58%
m-n
F-A
.1951
ZSSSS™
gold~3%s"
gold 3s sterling—..
Collateral
.1981
j-D
1
89%
105% 105%
89
'-104
m-s
121 Vv 123 %1
—
104
104
>.
1073/4
104'A. 109%
2
105%
*103»A
f-a
St Louis Div
-
H
Hudson Coal
*105
■:■.:
/•.IV;
ext—1950
tJnif mtge 4s series B ext—^-1960
106
.-1969
C': n
121121%
*i07%'-i'i;:"
75
1233/4
105%
"4
104
f-a
50
115
4
104
a-o
A-O
3%s series E—
55 Va
34
,
*106% 1073/4
J-J
2003
—2003
ref 4 Vis series C
ref 4s series
.
123% 123%
a-o
.
*';
5s series B
Unif mtgtf 3%S'series. A
97%
J-J
-1961
ref Term.M 5s
1st &
69%
64
.-1952
stpd—,
Gulf States Steel s f 4Vis
•_
Gulf States Util 3Vis series D_
&
9
Louisville & Nashville RR—
1st & ref
Gulf & Ship' Island RR—
1st
Lou &
69%
r
a-o
93%
58
16%
1963
3%si——-1966
Jeff Bridge Co gtd 4s-_—_1945
.75%.
'
a-o
Lorillard (P) Co deb 5s___
48
66
97
,
38%
,1949
—949
—.1951
_„1963
ref gold 4s-
112%
112%
168
71
60%
m-s
92%
70
73
44
■
583/4
:m-s
109
93% ' 94%
63%
613/4
:
:,
74%
70
m-n
1977
*64
93
73
:
m-n
1949
102%
102% 102%
•
64
89%
67 3%
_2003
3%s ext to-i.
Long Island unified. 4s^
26
"
V
60%
F-A
2003
General 4 Vis series E
Feb
72
,:
71%
70
2003
General mtge 4s series G.
West deb ctfs A
.7i':;?
*66%
96
83
~6
-
101%
85
75 /y
70
71,-?:
87
1
84%
84 %
*70
2003
debentures
Louisiana & Ark 1st 5s series A
AGreen Bay &
8
98
v:
j-j
Miami gen 4s series A.
'3s
'
84%
94%
86
*84%
•; V
75
2
95%
4
1950
Long Dock Co
Stampede—LI
'
■'"
s
100% 100% ■■:
f-a
i
98%
98 %
78
67
99.
95'/a
733A
52
66%
4s—i._i___.1955
7s—*-1944
Little
Guaranteed
1'.'
98%
.1974
debenture——,—^—.-1951
109
4s
-!•'■
-
2003
4
v
2
90 Va >;
-,
98%
'
f-a
1964
Y-4Vis ext
33
,.112
112%
107% 108
102
102 %;
89%
1974
101%
99%
97
—
111%
111
103%
99%
,
93%
80
m-s
Liggett & Myers Tobacco
5s
83'A
983/t
Y
55%
103
30
93 %
y!;
a-o
1954
registered-"
4Vis stamped modified
?
4Vis registered
5s stamped modified
34%
Steel
1 a Georgia &
94%
?
KtT"' 63 J-
1964
Libby. McNeil & Libby
J-D
Co cons 5s_—1949
Castings
Gen
993/4
r
Lehigh Valley Terminal Ry ext 5s_1951
Lex & Eastern 1st 50-yr 5s gtd—_ 1965
Gas & Elec of Berg
99 3A
85
j-j
1954
4s
99%
80%
85 Va
12
89'%
1945
Lehigh Valley RR—
.
4s stamped modified-.
103%
94
1965
stamped—L—.
Leh Val Harbor Term gtd 5s
4%
98%
75
99'%
Dec
1954
r.
101
2
99%
"
6s- ■ -
38'/a
4%
26
4%
1%
99%
99%
'
1975
.ref sink fund 5s
1st
102%
98 Vi-
98
98
112
20
13
::
4%
'-■
stamped
5s
44%
35
108%
108%
100% 104%
105 Va
13
j-D
5%s series D
stamped
1st & ref sink fund 5s_
99
__
106%
107
—
100'/a 100%
f-a
Lehigh & New; Eng.RR 4s A
103%
83
12%
'11%
*103%
105
i
175%
-.99%
f-a
Lehigh Coal. & Nar. s f 4 Vis A
Cons sink, fund 4 %s. series- C
105
13
12vi
12
j-b
11%
Food Machinery Corp
r
~2
45
43%
170%
**4>/a
A-O
_1953
Mich Sou gold 3%s_
registered
Lautaro,Nitrate Co; Ltd—
a 1st mtge income.. reg_
"104%
102%
.
117
117
98% 100
M-N
il956
deposit
3s debs
Francisco Sugar coll trust 6s_
of
ACertificates
J*
;/WCi:: *103%
M-N
J-J
88%
' ;
*£-
-1945
3%s
107%
99
9f
/ ".■ *33 Vi.: —;.;i;
tFbnda Johns &
§ A2-4s
102%
102
102
95
83
__
4
m-s
103%
ref 5%sf series C—2,..
Lehigh Si N Y 1st gtd
M-N
m-s
93%
1
93%
■
103% 103%
m-s
1950
Light extd 5s__
& ref
Coll
65%
'
106%
46
"iV-''
■!
106% 1073%
1961
Lake Sh; &
103%
92%
*101
•
*106%
1954
Coll &
100%
Y
124
.
106
M-S
1954
85
*17o
■:f
80 Vi
194
67
M-N
A-O
Laclede. Gas
•
M, 38
103%
102
J-J
j-j
151%
102 V4
102'A 106 V2
64
82%
100%
,65
99%" 100%
100%
1961
1997
unguaranteed
61
46
91%
*88%
4Vis
118
111%
*93V2
111
S/'Si
87%
89%
Vi
—
;
j-j
1053/4 110%
40
108%
103
r£vi5/
*81 Vi
87
A-O
j-j
Kings Cp Lighting
1st & ref 6%s
148
.*106 //.A/'
A-O
j-j
1961
75
693A
118
78%
48
■
91%
91%
1961
Kings County
107
2
Vi
*45 ?
Plain:
99%
62%
*114%
:
Stamped'-..2.
34
Koppers'Co lst"imtge' 3%sLi,.
Kresge Foundation 3% ' notes
JAKreuger fc.Toll 5s ctfs
102% 102%
M-3
j-j
"
89
61
114
80%
91
61%
,
:
108'A 108%
j-j
1961
22 V*
33%
107% 111%
38
*106% 107%
nor
110 •
„
M-N
1987
Kentucky & Ind Term 4%s-
106% 109
"20
30
109%
109
;
108%
Kentucky CentraF gold 4s_^_
102% 103%
5
102% 102%
*107% 108%
7
M-S
96%
98%
U
83
,
■
74%
77
80%
j-j
Kansas City
51
■
85%
33
100
98
M-N
j-j
1960
Term 1st 4s
71%
74%
A-O
112%
y
26
27 A.
V:.
J-D
40
5,
;
107%
109%
103%
41
•; 42
42
J-D
109%, 112%
—
<105% 106
J-D
100%
89
Va 104
109% 110%
M-3
20%
6%
*101
deposit
of
ACertificates
80
•
deposit
5s
& Rub 3s
78
A-O
—.'
Kansas City Southern Ry 1st 3s—1950
Ref &[ impt 5s—,—
—Apr 1950
ACertificates: of
Lehigh Valley, Coal. Co—
1st & ref sink fund 5s
Firestone Tire
*98% 100
78
80%
A-O
gold 4s„1990
& M Ry ref gold 4S-1936
Kanawha & Mich 1st gtd
;
45
AK C Ft S
r
67
94
K
12%
3%
42%
%
46%
32
96%
50%
22%
191
"4%
A-O
&
49%.
Vi
21
221f
v 58
6
Clear 1st 4s
Laughlin Steel 3%s.
James Frankl &
80%
Jones
50%
50%
F-A
103
74
10
,105% 105%
48 Va
50 lr
A-O
108%
103
468
87
86
87
M-N
104%
/ViA//
#103
J-D
10
105% 106 Vi
:.
J-J
^.
1945
X955
1960
1950
1938
*89%
97%
a-o
103 V4
105%
m-s
111% lllVa
q-a
*
*
111%
a-o
*92'%
f-a
*15 %
,98
1
89%
99%
105% 1063A
111
113%
84
6%
—
96
15%
Volume
159
Number 4249
THE COMMERCIAL &
FINANCIAL' CHRONICLE
367
NEW YORK BOND RECORD
BONDS
New York
Week
Stock
Friday
Interest
Last
Period
Exchange
Ended Jan.
Week's Range
or Friday's'
Sale Price
Bid & Asked
21
BONDS
Bonds
1
Range for
Sold
year 1943
•
Hiah
Low
No.
Low
1st
Lans & Sag
gold 3 Vis
Ref
&
3%S
M-S
,1951
,
M-N
1952
—
impt 4 %s series C
—1979
M-S
ARef
&
{Minn St Paul &
§ Alst
4s
cons
§ Alst
61
y
104%
25
-
49 Va
63
^
98%
78
109%
<N Y
96
50
38
77 %;
61
49
27%
59%
*60.
31
7; 8'A
Q-F
3%
65
27%
;
61
31
>■ 34
•
8V4-
■t
3%
••,v,
7%
,
3% )
.
J-J
27/e
2%
8
J-J
Alst
J-J
& ref 6s series A
1946
..
5%S—;—:——X—.—1949
Alst & ref 5%s
227
32%
31%
9
31
5
J-J
■
\
62%
15%
75
■Y-)'9
.
30%
7%
64%
'
■95.)
458
62%
41
Prior lien 5s series
J-J
Prior
lien
ACum
4Vis
series
D
68
J-J
A—_—XX1962
.
69
J-J
58
40%
57%
j
:
39%
f
J 181
56
54
A-<V
1978
adjust 5s series A—Jan 1967,
/
; 66
56
80
58%
>
'
♦
Alst
r
& ref 5s series A-—.—1965
A Certificates
of
Alst
A
&
ref 5s series
Certificates
Alst
ref
&
5s
m-~s
of
A Con
3s
) >
of
M-N
10%
10%
60 Vi
59% '. 61% *
M-S
:
1951
Essex
1st
Constr
M
5s
Constr
M
4 Vis
series
A_
J-D
54
) M-N
—1955
series B
v
1955
101
-
50%
26>;i;
53%
U-N
UN
Nash Chatt & St L 4s series A
F-A
J-D
109%
;
•'
34
;
A-0
Nat
Dairy
Nat
Distillers
Prod 3'As debs- ____196Q
Prod
3'As sinking fund debentures
i.
of
National
Steel
1st
JANaugatuck RR 1st gold 4s—
:
1965
1954
Newark
■
3s_—
1948
Consol
mtge
Gas
cons
5s_—
M-S
1952
A-0
Pow
& Light
1st 4 Vis
382
35 VA
Ore Short Line
Q-J
31%
_2047
New Orleans Great
Nor 5s
A_.
)';
1983
1952
.
A—1952
3
,
Otis Steel
1955
:
Alst
5s
series
of
Alst
of
5s series C_—
ACertificates
of
Alst 4Vis series
ACertificates
Alst
&
series
A___,
&
&
impt 5s series C_i_
&
Lake Shore coll
3Vis
gold 3Vis__.—.—1998
3%s
gold 3Vis—— —1998
registered———.
:',v ■)
5Vis
series
4Vis
series
C_
1st
••
Y Dock
to__
3 Vis
&
&
series D___
1965
70V'4
73 Vi
73
55%
68%
70
73
115
55%
68%
108% 109
97
108%
110%
110%
112 V*
F-A
'
-
ANon-conv
deb
o")■') ANon-conv
RR—j
-
deb
4s________J__i-1955
^s—j.—i___i_1956
ADebenture certificates 3%s_i--1956
AConv
deb 6s_____.
i
_____'_1948
,
;/
§ACollateral trust 6s
.___1940
1957
ADebenture
4s
Alst & ref 4%s series of 1927
,
fAHarlem River &
,-lst
68%
64
16%
U-N
105%
M-S
„1972
J-D
gold 5s
Nav
)■%_:'■
M-N
5s——1945
gold 4s—__ 1946
1967
;:)•__
J-D
_1946
90
V;
-
89%
■
:
626
-
:
V
■). 457
'■)) 82
•
84
:,7 .■".-;•
'
"
475/a
.
:
64
•')
•
45
:;..)))
:
.
23 Y•
■;■
;
r:)
•■
_j" y;»'
'
I
89
■7',,..
page
368.
1
108
110%
12
106 Va
HO Vi
99'/4
10
,
105'A
'
109
109
66%
61
64%
r
100
101
-
105
-
'
112%
;.
'■
78%
-
97%
87%
.
3a ;
35
:.49%:
;
47%
46%) 49%:
49%
48%."'50%)
M-N
48 Vi
48%
50%'
J-J
47%
47-y
49 Vi
J-J
53%
52% ' 557/a'
A-O
85%
85
87
23%
22%
25
629
J-D
51%
51
53%
437
)
55%.
•
420
119
453
,
37%
,
M-N
103%
10
9%
4%
58 '/a
4
110
.
4%
56%
110
'
108%
107
,
•
10V-a;
-V
58Vi
■
14
38
110
107
24
153
■*
22
'
10834 108 34
2
>
7
109%
7
58%
86
,
98%
J-D
J-J
101% 101%
106%'
9
42
108 Vi
F-A
108 Va
M-N
108%
108 Vi 108%
6
26
121
110%
1083/4
108%
110%
9
5s
J-D
108
110%
88%
1193/4
1243/8
;148
101%
1103/4
117
.
169
110% 111%
117
98%
108
122
122
117
99%
89%
64
J-J
96%
107
106%
A-O
95%
100%
106% 167
100% 101%
15
3%s__———————1952
106%
M-S
deb
A-O
58'A
Apr
24%
F-A
Marquette; 1st
series A 5s*__—1956
4s series B___—
gold 4Vis series
conv
3Vis
deb
1st gold 4s—
series
B
gold 4Vis
—y—1963
F
4s
Series G
Series H
Series I
Series
J
4s
cons
-
■'
,
Pitts Coke & Iron
Pitts
106
j
Steel
1st mtge
i
104%
107%.
106% 106%
36
)
__
'
123%
/123% 123%
7
J-J
107%
M-8
111
110% 111
56
J-D
102%
102 % 103
6
J-J
49%
46i%
50
423
M-S
211/4
20
21%,
\107
107%
36
.
118%
129
Ill
125%
96
107%
110% 112%
102
1043/8
'
'
M-N
■•
M-S
*104%
652
:
__:■;
J-J
83/4
104
1041/2 104%
~9
7%. ':7%
104%
20%
5
;
43%
19»%
106 Vi
104% 1063%
31/4
9
4%
7%
103%
8
M-N
104
105'4
F-A
*991%
104
107
J-D
*1121%
110
113
M-N
*113
111%
113%
F- A,
*1131/4
1123/4
114
F-A
*1221% 124
1193/a
123%
•
—
M-N
H91/2
1231/4
117
4Vis A
4%s^
1st 4%s series A
1st mtge 4%s series B^_
1st mtge 4Vis peries C
'
r
J-D
116% 1167/a
5
1053/r
A-O
116% 117
9
105
117
1977
4%& series B__'_—
Pitts & W Va
88 34
84%
1970
-
conv
643/t
57%
1975
'
1st :mtge
96%
23
1957
4Vis series C__.
,
r
;
1943
mtge 5s series B
c
243/4
:■•;
guaranteed 4%s__1964
mtge 5s series A
/1
;
guaranteed 4s_—1960
4%s—
—1963
Gen
72%
58%
107
,1953
gold
4s guaranteed
cons
5%.
182
86
*128% 133
*6%
gold——;1949
guaranteed
Gen
I
,1937
guaranteed—.
cons
87%
85
88'/8
86
—
Pittsburgh Cine Chi & St Louis—
Series E 3%s gtd
88
106%
44%
109
100%
112%
106%
97%
J-J
1949
t§APhilippin"e Ry 1st s f 4s__
ACertificates' of deposit—
57
95%
F-A
series C—1977
{Philadelphia & Reading Coal—
Aref 5s stamped
■—_1973
3s debentures
157
24%
111
98'A
.
———1974
AConv deb 6s—
58%
97%
J-D
90%
5
107
M-S
1952
Wash
23%
.
J-J
Cr———._198(1
Bait &
57 %
*__.Y
241
112
J-J
—1956
General 5s
Series D
111%
.
112
4s_ii_—Apr 1990
SeriJS
I
•
103% 106%
1061/4 109%
32
F-A
B__————M968
106
109%
26
99% 100%
J-D
series
...
15
108% 108 %
10O
1073/4
104
106% 106%'
108 % 109 )Y
108
108%
A-O
101
102
F-A
M-N
10J% 103%
106% 109
:
__■
358
"
104% 108%
IO934
67
57%
115 Vi 117%
99% 101
.• ■ •
90% ,104
2
10
)
106% 107
21
41V4
87
100
116% 116%
100%
62%
12%
87
100
10O
106%
85
63%
A-O
A-O
36VA) 55
)
106
105
4Vis series A__—______ 1965
Gen
103% 103%
IIP/*
104
102%
A-0
49%
8Va
108
110
105
Debenture gold 4%s__
—1970
General 4 %s series D____——1981
Gen mtge 4Vis series E_
1984
53
49%
,;
*109% 110 %
*106
*104
*108% 109%.
•.
>
52
-
110 %
J-J
,
,49%-
31%
107
J-D
Philip Morris Ltd deb 3s———1962
52
33
10
J-D
'
49
)31%
108%
M-N
,
74%
.1961;, ,32%
108
J-J
.Philadelphia CO coll tr 4VAs—
1961
'Phila Electric 1st & ref 3%s——1967
1st & ref mtge 2%s„————1971
80%
34
108
103% .106%
106% 107
*104
106
General
104
<31%
84
U-N
10 5'
.
106%
A-0
*109
'Phelps Dodge
•
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103
M-N
*
■
Y 38 y
24
,.)■-■ y).'" ):).
1st
79%
60
;
12;.:
105%
i
F-A
;
k'
.
105'%
105
■
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1st
117%
102VA
110
*104
105
M-S
,
..
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f
s
A Income
110% 112%
100,
105 Vi
2
111%
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Peoria & Pekin Union Ry 5Vis—y1974
' )■ )
■■.,);?
.
"I J-!
110
J-D
gold 3s loan ctfs_^w__1955
100
115'%
J-D
__1971
"Peoria
106%
-•••
99
Peoples Gas L & ,0 ref 5's__T_
1947
& Eastern 4s ext—1——-i960
;
107% 110%
■
.
)
4 (>4
M-3
M
107% 110%
8
•
) 50%
,
109
1021/4
65
22
VA
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r
104%' 104%''
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72%;:
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112%
Pere
■
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1
•
99%
112%
Phila
*115
•115%
"111.. 111;"-
105
92%
ref
'
70%
•
gold 5s
Conv
■82
77%
1:4
J-J
J-J
109%
110
87 V'a
f
80
106% 108%
'),)
47
1963
108
109'/2
y
y,y;
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,
407
81
.
/
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'
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67
50%
483/4
47%
).
11
106
80
48
prior lien 6s stamp.^.... .1958
106%
105
27
86%
53
20
Co
General
:
61
52%
67%
69%
30
7
70'4
.") -'
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110
104%
104 Vi 104%
General
!_■/ '•)
67%
74%
114
751/4)
:
68%
M-S
A-0
111
3
109% 110%
-
'
111
107Vi
19
•
'
J-D
309%
19%
109*%
106%
1
108% 108%
108% 108%
J-J
4Vis debentures.^
___1974
;)):)•)•;■') )'))r')-::;'')SY.);,
0 .Y),
Pennsylvania RR—
,,))
y :
Consol gold 4s,
^
—1948
/')).
4s sterl stpd dollar——May i 1948
*) Gen mtge 3%s series ,C__
—1970
Cons sinking fund 4Vis—
1960
):7':,7)')f
51%
) 1.803
-
'
,75
''':
•'•;■'
461
67%
106
■?«
80%
78%
1955
see
70
•47%
,'■•
101% 1011/2
1954
4s
footnotes
.: »v
■
-.
61%
106
-
-108%
J-J
12
106
108
105
Pa Ohio & Det 4%s series B______1981,
1st & ref 3%s ser D
1968
Penna Power & Light 3%s_
1969
75%
,
77)7
90%)
101%
72.;,-:
1965
For
'
97% 100 ))'■
885/a 90%
106%
1993
N Y Rys
3
/
65%
.
,
'i
■
"V,*7
63
100
'■
109
' A-0
105
J-J
4s_______1961
58
65
110% 110'/a
*103% );__",
--
J-J
1946
Y
99
Port Chester—'
4s___
General
) 77
■
1992
A
50
'
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•
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17
105% 106
*106% 107%
109% 109Vi
)
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79%
67%
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•,
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52%
73%
J-J
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4s_.^^___^_^_T_1947
Zr- ANon-conv)deb:3Vis___._»_____i947
.-'•
93
87
M-N
._l973 ) ■;*..
deb
79
83
JAJ
:
66 Vi
72
112%
4s__^__———i—:i___1963
Pennsylvania Glass Sand, 3%s___—1960
61%
65%
;F-A'
,)
*112
Secured
71%
44%
59V4
.
J-D
,
l_i________12043 )
tN Y New Haven & Hartford
49%
20
':K.
■4Vis series B
) ) ANon-conv
100
72%
70
A-0
,
r
-Mtge 4s series B_
„_2043
N Y Lack & West 4s series A—i.Y.jl973
.
74%
,Y
JL-Q
1966
109
M-3
Guaranteed 3%s trust ctfs D
1944
Gtd 4s series E trust
ctfs_______1952
72
.26
88%
A-0
:
630
73%
3%S—1966
Pennsylvania Co—
75%
/
.76%
'
gold 3%s__-__'_—2000
"■•..Mtge; 4s series A
'
64%
48
74%
),)
-y.
/ A-0
85%
58%
111
97%
50
*103s/a '■•'—Li'
^
.
F-A
,
83%,
62%
81%
8534
Trans deb 6s_____
___1944
Paterson & Passaic G & E cons 5s_1949
■;.■■) 64%
39
70
%■
M-S
'
3Vis A—— —1963
ref 3JAs series E_:
Harlem
41
75
)-J 64
■
Y & Erie—See Erie RR
Y
Y)
A-0
194?
N Y Gas El Lt H & Pow gold 5s„_1948
Purchase money gold 4s_ii-iiAful949
N
:)Y
):)Y 89%
■
•
50%
J-J
Panhandle East. P L 3s B__ ,______1960
)
Paramount Broadway Corp—
■■- >
■ •-.
108
80%
■
A-0
•■
gold 4s__—
1951
Conv 5% notes_^__w__^^i—i,«il94T
1st lien
N
)
1st
N Y Edison
104
.)
108
77
77
90,
*
1978
mtge 3Vis extended
77.YY
■4." 67%
F-A
A_____1974
N Y Connecting RR
103
33
,
Ref
625
J-J
Parmelee
78
613-4
.
\
Ref
N
F-A
..—1998
New York Chicago & St Louis—
56
66%
42
J-J
Pacific Tel & Tel 3VAs series
B____1966
Ref mtge 3%s series C„
1966
Paducah & 111 1st s f gold 4%s
1955
..
73
65 5 a
F-A ))■
:
40%
64
208
109% 110
&
1st
97
77'A
"1): );■;
)'
F-A
.—1998
6
66 Vi
J-J
1st & ref M 3s series K___
96%
76
;
)•'/'—
J-J
89
58
53
J-D
Ill
73
10
63Va.
'
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J-J
1997
registered
Mich Cent coll
78
■
M-N ;,:)
.__1997
j
94%
69
55
.
83%
51%
A-0
69%
72%
J-D
84
106-
;Y
2 "
104% )
>'■ Z'):6V
98 : ;'),v
73
)'). 97
74%
A-0
Y
.:■))
373
mtge 3%s series H____1961
1st & ref mtge 3Vis series I_____1966
'1st & ref mtge 3s series J
,.11970
1st
125%
77;.
12
).
,
104 :
•)
122 Vi
'%
•
104
75%
■
96
91
65
50
J-D
85
44%
J-J
._j.2013
3%s
'■
48
__1948
11614-118%
"
:•
104
77%
Y" F-A
1—1952
Hud River
r*
j'y-f.lfj'.
96-%
62%
F-A
;))■' )'
impt 4Vis series A—_.—2013
Ref
Conv secured 3'4s
registered
14
<
.
94%
;;
98
A-0
1998
Ref
•3Vis
'
•
deposit^-—,A.Ay)7) «-*•)
Central RR 4s
N Y Cent
)'; 4)^/.',)'.
•70%
,.
—
5Vis series A——————1954
114%
series G__i.___1964
86
72 Vi
"
•._,
Newport & Cincinnati Bridge CoGeneral gtd 4%S-_i-_-__-_2Y.—1945
Y
,108
,
Coast
)
100%
70
54
'));_)■)):' •;YY d-i'
94%
F-A
,
123
113
_2047
4%s ser A—_1962
1st mtge
Gas & El 4s
;119
74%
——1956
40
132%
53
J-J
2047)
49
124%
UI'y.
94'4
57%"
85%
34
119%
*88%
1965
cons
Pacific
105
95
116
,
37
•';) •■'94.1/2
deposit
■■.■•); y) ACertificates" of
N
96%
,
—-
deposit
96
_^___1967
1st
con
1st
Pacific
105
1031/a
■
5
87 Vi
*107
,
101%
,
■
))'■:
116'A 1161%
,
A-0
:
———1950
D
of
)),;
34
,)
1
•1233/4-123%
r
f
)•".,
88 ;
82%
-
).).') )"VvY 9 :■
86 34
:■' *82
■'!.;
■
68%
.-—7
1954
deposit
116%
:
A-0
—
B—-—
ACertificates
\
deposit
-
■'>'•'■:■
871/4
'•
-
).;)j-J))Y")
,
73
29%
110%
111% 112%
147
:
J-D
____1953
38
543
U—
108%
: ■"")-., 49;" ) 105%/108%
73
/ 102%
108%
:
115% 116
■
,
1
A-0
tNew Orleans Texas & Mexico Ry
§ANon-cum inc 5s series A—.-—..1935
ACertificates
87%
r
j-j.
J-J
106
__2047
1
Elec
Oregon-Wash RR
46
*101%
" ■'
:h
A-0
:
*72%
Q-J
Q-F
Guaranteed stpd cons 5s
50%
584
104 V4 105
104%
.;'■
F-A
I960
112%
102%
10
122
"70Vi
Q-A
1st mtge 4s
4s—_—;
mtge
Oregon RR & Nav
54 Va
55
102 Vi 103
M-N );■•)
1986
22%
110'%
108%
*125
1st & ref mtge^3%s_:—_19671st mtge 3Vis—— _1964
mtge 3%S
Oklahoma Gas &
100%
37%.
50
-
""J-D YYY
____1961
J
102%,
J-J
1945.
N
.'-i':--'
M-n
J-J
111%
8 Va
108 Vi
46
.
*121
2047
Ontario Transmission
96%
48%
84 3/8
8614
1063/4107%
■)103% 104Vi
J-D
1945
108%
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M-S
gold 3s—__Jan 2047;
1st
107%
99%
■"')
86%
A-0
■:■
-5
1,724
85%
43
O-A
^.1997
ry & Id
83%
"38
deposit—.—,.
impt 5s series C—
impt 5s, series D
(Wise)
1st
417-
109% 109%
107%
M-3 YY:)
V
90
P
■'):).
M-3 yvy
_1949
83
O
113%
89
*111%
J-D
3 Vis—— __y_1949
16
2
103% 103%
46
N
1978
9
*108% 109
103 Vi
F-A
{§AOg & L Cham 1st gtd gold 4s_1948
1U
103%
■
19%
16
1974
Ohio Edison
44-
'V
49%
Mountain States T & T 3%s
1968
Mutual Fuel Gas 1st gtd 5s——1947
109
no
'
54%
45 Vi
12
,
;;5i;V'vV 'c'T''
101% 107
101
High
31'/a
11%
22% 24%
*109% 110 V»
85
59
'4565
95%:
*94%
101
'
,
87 Va
87 Va
109 Vi 109 Vi
J-J
59%
^38,y ;
13-
:110% 111
jj
M-N
gtd 3Vis———2000
35%
5
114%.. ',114%) 114%
105%
105%) 106 v
,
17.
15%
63
HOVi
J-D
-1958
Montreal
&
*
&
&
i
58
*104% 106
•
A-0
ref 3%s—>1966
Tramways 5s ext
(John) & Co 3s debs_
61%
1
59%
59% <7
7
63
A-0
debentures—————————1965
Morris
5%
36%
698
59 Vi
F-A
1st mtge 4%s_————1960
Morrell
299
59% ,61%
Low
58%;
423
:
Monongahela Ry 3Vis series B—;_19G6
Monongahela W Penn Pub Serv— ;
&
Y-
year U)4d
No.
18%
11%
1974
impt 4%s series A
inxpt 6s -series B_
(Minn)
59%
-'35%
_
60 Vi
&
35%') 58
36%
59%
4
11%
A-0
Northern States Power Co-—
27%
36%
Moh'k & Malone 1st gtd gold 4s—1991
1st
11% V1.
')■.)
/
It
•■35%
43
511
A-0
F-A
Power
59%
&
Ref
59%
59%
.
'
61%
59%
deposit
Alst & ref 5s series ,I2__—J—1981
ACertificates of deposit——.—
6s
61
59%
deposit—1———
5%s_—
—1949
ref gold 5s series H_—1980
Montana
•
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59%
60%
M-N
■
35%)
35%
' )-'• 729).
1,015
60%
—
Ref
Ref
y
v
6
;
Range for
Sold
41%
*11%
23%
-M-N
1998
registered—
■Ref
122
•
•
60% -
23%r 25,
59% ' 61%
A
60
60%
'
of
A Certificates,
59%) 61%
23%
M-S
1977
gold
v
Alst &
■■'•
F—'
deposit
series G——1978
ACertificates
60%
.
General ,4s————1975
.> A
>
F-A
deposit——li—
Gen lien
-
57%
J-V/:''
{Missouri Pacific RR Co—
■
40
,
M-S
Ry 1st gold 4s_1996
4s registered—
)
.
Y.-
/'
—
M-N
vNorthern Pacific
prior lien 4s—1997
38
:
Ry Co—
4Vis .series A_^.____
mtge
ACertificates
54%
35%'
: )v l9 --
F-A
Bonds
High
'
-F-A
Alst mtge gold 5s
(stamped cancellation of guarantee)_______1945
'
,
,220
J-J
:
AGen mtge 5s conv inc
2014
t§ANorfoik Southern RR 5s A____1961
77%
67
33%
: 67
.
V
'■
41 %
40%
•
Rang*
Friday's
Low
J-J
59%
Missouri-Kansas-Texas RR— 7:;7<,
40-year 4s series B„u———,*..1962,.
or
J-J
100
Vi"
Week's
Last
Sale Price Bid & Asked
'j '
North Central gen & ref. 5s
Gen & ref 4%s series A_
{Northern Ohio Ry—
-JO
1%
104 % .)
,
58%
30%
') 4%
25 y)
'
'
1967
Norfolk & Western
31%
41
•
3%
75
''100
J-D
)t
16%
34
-
•
6%
■
2%
J-J
1959
——1990
16
=
'
6
M-3
series B_—_—„ 1978
tAMissouri-Illinois RR 1st 5s
Mo Kansas & Texas 1st 4s__
31 Vi
31%
31 %
»''
Telephone 3VAs series B__
1st
8%
5
31
31%
J-J
"
'
-
Period
Norfolk Southern
30%
58
Sault Ste Marie
5s
Interest
Niagara Falls Power 3Vis
1966
Niag Lock & Ont Pow 1st 5s A—1955
Niagara Share (Md) deb 5 Vis
__1950
65
-
9%
'
•
,
Friday
Exchange
t§AN Y West & Bost 1st 4%s__^_1946
65
78
60%
7
M-N
.———1938
§ A 1st stamped 5s gtd as td int—1938
A25-year
102
57%
'
'
Stock
Ended Jan. 21
J!AN Y Susq & W 1st ref 5s.___-._1937
y § A 2d
gold 4%s
-1937
§ A General gold 5s
__i.1940
ATerminal 1st gold 5s__y_—_y__1943
75%
m-a
stamped—l—.——1938
consol
97
40
61
*86,
J-J
gold 4s——
1949
ext 50-yr 5s series A—1962
3
i*
92%
29
81%
60%
78
M-3
ref
78
104% 104 Vi
61
J-D
tAMinn & St Louis 5s ctfs_——1934
&
104 %:
J-D
JAMilw Spar & N W 1st gtd 4s
1947
t§AMilw & State Line 1st 3%s—1941
A 1st
80
81%
A-0;
4%s__—r^1939
99%
102% 102%
J-J
Michigan Consol Gas 4s
1963
tSAMidland of N J 1st ext 5s_7—1940
jgAMilw & Northern 1st ext 41/2S__1939
AgConsol ext
*92
York
Week
Nigh
Michigan CentralJack
New
•
J-J
107 Vi
107
28
100
107%
M-S
1071%
x
1952
102%
102% 103
95
103
—1950
J-D
103
103%
13
98 V?
103%
1950
J-D
103 Vi
103
103'%
15
'98%
103'4
1958
J-D
65%
61%
65%
75
—1959
A-0
65%
62
65%
^_1960
A-O
65
62
65
9
55
64
164
53%
63%
101
533/4
64
Monday, Januafy 24,1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
368
St Ash 1st 4s ser
5s series B
Pitts Young
gen
5s
series C
1st
gen
1st
4'As series D
1st 4,/28
inland Gen Elec
1st 5s
extended to
...
Potomac
El Pwr 1st
M 3'As
3'As
Steel Car deb 5s
mortgage
1st
Pressed
*121V.
•
J-D
,J
J-J
&
ref mtge 5s
& rel mtge 8s_;—
1st
3-%s
of Nor 111
Public Service
;,
23
-
M-N
i-:r
..
—
'•
'
Trenton
series A
series B
ref 4'As
ref 4»/2s
Gen &
Gen &
Rand deb 3'/aS
Remington
1956
1960
4'As series C
Copper & Brass 3%s
Gen mtge
Revere
90%' 98
J-J
Grande West 1st gold 4s_.1939
& coll trust 4s A
1949
Roch Gas & El 4%s series D
1977
Gen mtge 33As series H
1967
Gen mtge 3'As series I
—1967
Gen mtge 3'As series J
1969
*§AR I Ark & Louis 1st 4%S.——1934
jARut-Canadian 4s stpd
1949
i§ARutland RR 4 Vas stamped... 1941
A 1st
A-O
cons
10
MS
j-J
J-J
1st
106 %
105% 106
23
101'A 105%
34
101'A. 106
Ref
ioo
5
102
102
46'A
47%
*111'A
86
17
54
27
110
1081/4
-7
110
109'A
279
22
12 %
11
9
14'A
126
,.9'A
15%
2.05s
& Adir
gold 6s
Lawr
St
2d
Gulf Division
River &
1933
4s stamped—
Certificates of deposit.——
§ 1st
Peor &
| A St L
St
Francisco Ry
San
}St Louis
a
J-J
deposit
-—
series B
...1950
of deposit
series A
.1978
A Certificates of deposit stpd
A
Certificates
Louis-Southwestern Ry—
4s bond certificates
fSt
bond ctfs
{ A 1st term & unifying 5s
A Gen & ref gold 5s series
Nov 1989
inc
2d 4s
*61'A
■',<
...
J-J
___1952
1990
A
4S.1908
1st cons gold
E Gr Trk 1st 4'As
K C Sh L gtd 4'As
St Paul Union Depot 3'As B__
Schenley Distillers 4s s f deb
Scioto V & N E 1st gtd 4s
Paul & Duluth
.1947
1941
1971
JASt Paul
f§ASt P &
1952
1989
ISeaboard Air Line Ry—
8 A 1st gold 4s unstamped———1950
§ A4s gold stamped
1950
S ARefunding 4s
—.—1959
ACertificates of deposit
A 1st cons 6s series A
1945
ACertificates of deposit————
t§AAtl & Birm 1st gtd 4s
1933
1935
All Fla 6s A ctfs
certificates..
Shell Union Oil 2'As debs—
2%s sinking fund debentures
1935
1954
1961
1941
1952
1950
series B
A6s
f§ASilesian-Am Corp
coll tr 7s
debentures 4s
Oil 3s debentures
Co
Simmons
Skelly
1964
1963
1962
...1979
Oil 3s debs
Socony-Vacuum
Ala RR gtd 5s—
Bell Tel & Tel 3%s
Sourh & Nor
Soum
3s
debentures
Pacific Co—
Aug 1949
1949
1977
1968
..1969
1981
1950
coil)
(Cent Pac
4s
registered..,
4s
1st 4%s
(Oregon
Lines) A
Gold 4'As...
Gold 4'As
■
Gold 4%S...;
San Fran
Term 1st
4s
—1955
1st ref gtd 4s
South Pac RR
Stamped
—
Southern Ry 1st cons gold
Devel & gen 4s series A
Devel
&
gen
6s
5s
...
6'As
Mem Div 1st gold 5s
St Louis Div 1st gold; 4s
Devel
&
gen
Southwestern Bell Tel 3'As
1st St ref 3s series C
Southwestern
Pub Serv 4s
ASpokane Internat
Stand Oil of Calif
Standard Oil N J
2%
B
1994
1950
1950
1956
1990
1951
36
35%
1964
1968
—1972
1st gold 4'As—2013
2%s debs
1966
1961
1953
1958
1961
deb 3s
debenture
Superior Oil 3'As debs
Swift & Co 23As debs
107%
107%
109%
105'A
104%
107% 108%
54
103% 103%
A-O
4
97%
5
97'/'a
40
106'A
111
4
105'A
108%'
102%
101%
M-N
103%
103% 103%
J-D
109%
109
109%
106% 106%
12
94%
101% 102
102
F-A
-
101% 102'A
101%
A-C
98
100%
101%
ms
NOV 1
May 1
—Nov 1
——May 1
ri.
101
*101%
M-N
101 %
M-N
*101%
M-N
1953
*101%
F-A
'77''
78'A
90%
Cons
..1968
series B
Elec' & Pwr 3'As
M-S
..1949
Va
9
18%
101%
20%
101 %
refund
Ref & impt
20
108%
114
109% 109%
-v.
90%
1
79%
112
91%
90%
nor
7
A-O
88
38
37%
38%
5
32
31%
32%
1,503
19%
75
32%
34
19%
cons
5s
,85%
98
-65'A
84
65
62%
20
.
,33
,
27%
48
35'A
1,003
*126'A
AGen mtge
24%
126%
—
28
50
51
48%
51%
758
27%
25%
2,817
14%
30%
117
13%
29'A
r.;:
35%
2,810
15*
30%
32%
34%
210
14
29 %
50'%
ms
33%
34%
...
23%
27%
26%
35%
ms
%9»A
*40
31
56%
51
1st 40-year
Gen mtge
5s stpd gtd
3'As
1st 5s E
...
F-A
__
k
v"
'■
y
105%
J-J
A-O
A-O
—
.
107%
105%
J-J
—
74'A.
M-S
Af-S
M-N
M-N
A-O
J-D
MS
J-J
1940
123%
25-year
107%
109%
109%
112
109 7%
112%
92%
266
84%
99% 100%
36
112
112
91
92%
100
Western Union
Teleg gold 4'As
gold 5s
Westinghouse El & Mfg 2%s
West Shore 1st 4s guaranteed.
81%
110
36%
81
7; 172
36%
M-N
102%
102 % 103
46
J-D
103'%
1023% 103i/a
88
MS
102%
1013% 102%
220
101% 1013%
10
M-N
—
53%
<66%
52%
66%
99
87%
70%
91%
82
85
} A Wisconsin
95
100
—
107
92
68%
81
98
1063%
"
...
■
52
873%
100
42
92
92%
84
102
38
89%
110%
105
j-J
102% 1033%
—
35
100%
101%
116% 116%
103%
1
U4%
116%
61%
125
47%
673%
60%
61%
■
—
1930
M-N
18%
19%
111 %
7
41'A
103% 103'A
10
102 %
104'A
105% 105%
29
104
19%
18
110
1971
A-O
J-J
110
*107% 108
2
'
*119
F-A
54
104%
—
•
*—
123
119
125
104
102
105%
110%
113%
103%
Youngstown Sheet St Tube—
Conv deb 4s
1st mtge s
M-S
102%
102% 102%
18
101% 103'A
101%
101% 101%
55
95% 101%
M-N
;.
■
—1948
—
1960
f 3%s series D
Deferred
the year's range,
Under-the-rule sale not included
delivery sale not included in
n
d Ex-interest, e
In the year s range.
93%
94
95
88
94
F-A
1959
A-O
105'A
105'A 106%
25
104%
106%
1965
M-N
106
105%
106%
49
105%
107
pound unit of bonds.
tCompanies
the Bankruptcy
le
the year's range.
105%
111 'A 112
1950
debentures
108 %
106'A
Company 3s deb
3s
112 VB
102% 103%
103%
*105%
94
23%
109
.
105%
103 %
—
Tcxarkana & Ft Smith 5Vis A
Texas
26%
.15
107
'
*17
65
143/4
117
107 %
6
56
a
J-J
47%
"
-
...1968
3'As
Wisconsin Public Service 3%s
Wisconsin Elec Power
'
61
■■
.
S ASu & Du div & term 1st 4s
ACertificates of deposit
<
93
108"%
107'A
103
M-N
111 %
88
112'A
106% 107
*105 %
M-N
104%
109%
98
103%,
111% 111%
'104% 105%
105%
deposit
.*.
%
93%
100%
56
J-J
of
a
,
101
10
99
*110% 121%
103%
1949
Central 1st 4s
ACertificates
A-O
J-J
'•
•
111
111
'
101% 102
101
111%
104
102'A
2361
■
102%
1
54
93%
102
iz-J, ■ '■ '■
62%
58%
—,
102%
83
61
61
57
1013%
504
87'%
101%
56'A
62
58%
...
77
102
41%
J-J
JS
Af-S
77%
43
2361
1954
*.1949
Wheeling Steel 1st 3'As series B
1966
Wilson & Co 1st mortgage 3s__—1958
Winston-Salem S B 1st 4s
1960
94
102
84
188
MS '
619-
'
95
793%
J-D
167
110%
2
8
110% 110%
'tr
—
793%
Wheeling & Like Erie RR 4s
572
107'A 108'A
75% 77%
94% 95'A
120%
106
80'%
West Va Pulp St Paper 3s
70'A
77%
"2
109% 109%
98
104
108%
.y v.:
*
80%
68%
70%
108%
45
104
M-3
69%
71'A
96%
36
100
102
M-8
91
68'A
93%
35
118 34
'■•777.W
*118%
--
35%
88
;
-—•
37
104
77;
1951
1960
1951
A
A5s assented
55
69
95%
31
3
•/■y
•
98%
•
1950
30-year 5s
70
102% 103
91
18
1940
JAWestern Pacific 1st 5s ser
301
2
25%
i7
:
.
40 %
40%
*94
*104
J-J
123
70%
102%
,7 ;7:/
98
%
26'A
98
783
27
1
'lY-
•
*101
A-O
107
70'A
;
40
97%
CO
J-D
1950
——1967
.1963
1960
:■
40
F-A
54%
74'A
26%
1
■
*38'A
F-A
1977
105%
71'A
J-J
J-J
J-J
A-O
40%; 7Wvi
*39%
-y. ■
F-a
68
98
95
71%
■:
49%
*_
Q-M
72%
311
96%
94
98
J-D
>
1948
1945
1945
1952
104
105
48
105% 106
A-O
Maryland 1st 4s
105%
1
16
I—
.
h...
A-O
ref 5'As series A
101%
15
107%
1st &
101%
,
*123
107
mtge 3'As series
..
61
40
2
103 %
105% 106
1st
Western
•
.
.
105% 105%
*103
102
'
68
56
-
V
102
99%
57
*52%
—
98%
.'77 2
100% 100%
;
44
17
7
68
100% 1007/a
100%
46%
15%
65
47%
44
34
70
62%
'
A-O
100%
30
137
69
59%
40'A
MS-
■F-a
1978
1980
guaranteed 4s_._
Westchester Ltg
West Penn Power
42
V
93 VB
3S
101'A 102 %
60
Apr
A—1975
1970
Washington Central Ry 1st 4s
Washington Term 1st gtd 3'As
26%
—
1944
111
—.
Apr
1981
.1991
.Walworth Co 1st mtge 4s
—.1955
Warren RR 1st ref gtd gold 3'As_i.2000
49'/»
27%
49
49%
51%
51
inc 4%s ser B
JAWabash Ry ref & gen 5'As
A Ref gen 5s series B
ARef & gen 4'As series C
ARef & gen 5s series D—
106
123
series A
4s inc series A—
102%
J-J
——1971
1st mtge 4s
104
102%
10
110%
110
M-S
Wabash RR Co—
32
17
5s
AGen mtge
101%
104
104
104
92
6%
25%
33%
*102%
cons
W
72
50%
85
331
44%
24%
35
1st
46%
:/•
44
65-
41%
44%
1
' 72
71
■■
•v
98
97%
72
J-J
gold 4s
86
108%
39%
J-J
f
72%
25
88
39%
31%
30%
A-O
A-O
A-O
1953
s
100
92
i
..
84%
110
104%
*110% 111%
J-J
..1958
108%
111
109 Va
40%
39%
.v'l ■
mtge 3%s series B—1974
103
12
tThe price represented is the dollar
Accrued interest payable at the exchange rate of $4-8484.
^Negotiability impaired by maturity.
Gen
102
103%
'
93%
*112
F-A
<
41%
35%
38
'
not Included in
Terminal Assn St L 1st
102'A
102
■
—
*108%
M-S
..2003
37%
408
,7-,.7.
M-N
...I
f 4s series B
s
38%
19
1,090
y
35
35%
J-D
J-J
F-A
1951
103%
102'A 102%
A-O
-1955
103
101%
103
*102% 102%
M-N
102%
101%
*101% 102%
M-N
102
101%
—
103
M-N
1954
1954
1955
101%
*101% 102%
M-N
101%
101%
...
101%
M-N
,
101%
100% '102%
101%
101'/a 101%
M-N
1951
Included in the year's range,
Tenn Coal Iron & RR gen 5s
102
101
102%
*101
*101% 102%
96
38%
J-J
J-D
J-J
-.1972
J-J
J-D
J-J
M-N
Apr
F-A
104%
May 1 1950
Nov 1 1950
2.G0s
100'A
73
36%
J-J
A-O
A-O
J-J
J-J
100%
M-N
Registered
Southern
7
97%
91
89%
M-N
J-J
J-J
F-A
A-O
F-A
102% 102%
5s_
United Stockyards 4%s w w
44
99
89%
—
F-A
27
102%
62
78'A
3
43
83%
82'A
•-
t A Seaboard
19
103% 104
J-J
—May 1 1952
Nov 1 1952
May 1 1953
i' 2.65s
67
77%
81
96'A
95
89%
MS
A-0
ms
M-N
105%
103%
M-N
,
2.35s
2.50s
107'A
61'A
*92
St
112%
9%
—
95%
83%
109%
102%
—1955
1952
———1958
1944
2.15s
-
55%
62'A
95
,
1989
1st
A
;'l ;
M 4'As
ACons
62'A
96%
1077/a
—
Corp—
2.10s
>•
__
*97%
m-3
J-J
lien 5s
A Prior
105'A
*106
J-J
—1950
A-..
lien 4s ser
Certificates of
A Prior
—
1946 '
1959
1955
N W 1st gtd 5s
mtge 5s_.
P 5s stpd
Pub Serv 1st
L Rocky Mt &
St L
'
M-N
108
99
Mountain & Southern-
JSt Louis Iron
117
105%
111% 112
-
2.55s
Grand
116'A
117%
F-A
1959
1967
1947
1970
1971
...1980
-
2.20s
106% 106%
St Jos &
102 %
A-O
May 1 1949
Serial debentures
14%
13%
A-O
J-J
J-J
A-O
101 %
100%
A-O
3'As debs
Canal gen 4s
States Steel
United
40
46 :
12%
•:&:
1966
Island 1st 4s
1947
1st gold 5s
1996
——1990
100 %
91
2
-Nov 1 1949
U N J RR &
2.45s
Ltd 1st M 4%s
87%
4
1945
—
J2.40S
Pwr
21
101% 101%
1971
mtge 3'As series A
United Drug
124'A 124 %
*
Saguenay
99%
101% 102
~
*109%
44%
13%
99
99%
J-D
M-N
...
United Cigar-Whelan Stores
110
44'A
76
37%
32%
A-O
;,102
58'A
45
88'A
48'A
*125%
,
—
J-D
>
112
62%
21%
31
31%
'106%
5s„
United Biscuit 3%s dehs
86
103%
137
125
"116
3%s
land grant 4s
&
106'A 106%
:'X: M-S
MS
MS ■
MS
95%
102%
34-year 3'As deb
35-year 3'As deb
•
A-O
Pacific RR—
Union
78
58
V
106
106'A
—
t§ARio
78%
977A
96%
4
.
J-J
99%
88%
105% 105'A
97%
F-A
M-N
M-N
B..1961
4'As series
Republic Steel Corp
J-J
J-J
J-J
1997
1997
1958
.
98%
/
72%
ms
debentures
3s
69
199
99%
99
85%
85%
U
t§AUnion Elec Ry (Chic)
Union Oil of Calif 3s deb
98
A-O
1951
67%
149%
R
Cent coll 4s
67%
53
112%
Union Electric Co of Mo
Reading Co Jersey
88 %
64
'
222%
108%
12
68
108
220
>;,/v
70
84%
1953
deb A
Tri-Cont Corp 5s conv
112%
.
•
110% 110%
110%
A-O
-V"
■r
145%
*147%
*222%
.
J-D
Toronto
97
109%
106%
l
110% 110%
*106% 108%
J-J
20%
7
-
91
!
.
J-J
'
159
■
..
—
j-j
Tol St Louis & West
"
*98%
M-S
ref 8t lmpt 3%s__1960
1st 4s
1950
Ham & Buff 1st gold 4s__1946
Gas & Elec 1st gold 5s—1949
—
M-a
1960
Jan 1960
Tol & Ohio Cent
102%
95%
-7
;
*
20%'
22
M-N
1972
2037
—2037
1968
rel mtge 3s
&
1st
102 %'i
.102
102
J-J
84%
85%
84
84%
83% 84%
Ill
111
71
73
84'A
J-D
L,—
*111
F-A
A-O
5'As A
116%
2
85%
series D__
Ry 1st ref 4s
Ave
AAdj income 5s
110%
108%
2
109% 109 %
109%
1977
1979
—1980
1964
A-O
series B
5s
& ref 5s
Third
"*105% '107%
-
J-D
ref 5s series C
Tex Pac Mo Pac Ter
100%
90
■
&
Gen
__
—
—
138
105%
J-J
'»•
_w ■
99% 101
ioi
M-S
'•/
•«.«.'
•
J-D
& ref
Gen
■
"
lsi
Gen
124
118%
—
High
101%
No.
Hiah
1943
year
Low
115% 115%
—2000
1st gold 5s
Texas St Pacific
109
107%
2
Sold
Asked
Low
Range for
Bonds
Friday's
or
Sale Price Bid &
Period
High
Low
NO.
107% 107%
F-A
1957
1956
1968
Securities 4s_.
1L Providence Terminal 4s
Public Service El & Gas 3'As
{AProvidence
Sold
*:
High
Low
Last
Interest
Stock Exchange
Week Ended Jan. 21
New York
Range for
year 1943
Bonds
Friday's
Bid & Asked
J-D
1948
1962
1974
1977
1960
..1950
1960
1977
1951
A
or
Sale Price
Period
Ended Jan. 21
Week
1st
Interest
Stock Exchange
New York
Last
Week's Range
Friday
BONDS
Week's Range
Friday
BONDS
reported
as being in bankruptcy, receivership,
Act^or securities assumed by such companies.
•Friday's bid
andN asked
ABonds selling flat.
prices; no sales being
' -
or
quotation per 200-
reorganized under Section 77 of
transacted during current
week.
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
369
YYY-kYYNEW YORK CURB EXCHANGE
AND
NOTICE—Cash
In
footnote
a
week in
the
in
list
In the following extensive
,
Jan.
ending
15, and
Curb
Jan.
Aero
Co
1
Supply Mfg class A
Class
3%
3%
7%
500
1
8%
9
200
Air
Accessories
50c
2%
2%
Investors
Convertible
.
Alabama
Great
Alabama
Power
...
3
50
Southern
90
Co
Fisher Inc
&
5
Jan
9%
1%
Jan
Jan
1%
Jan
72
50
102
160
01
-
110
.100
3%
25
24
25
—25
27'%
27%
27%
*
30%
28%
30%
100
110%
•
18%
J.
Class
■7%
Oct
A
conv
6 %
common
new
common—
22 J/2
Dec
75
preferred
-—
Goods
Aluminum
Mfg
Aluminum Industries
6%
23%
Jun
29
Mar
29%
Dec
35%
Nov
Am
115% July
18 % Oct
Am
Book
Cities
American
" 28% Mar
18%
100
13%
Jan
10%
10%
80%
'
81
Mfg
84
950
300
100
:
...
500
20%
1%
1
6%
6%.
——.—25
39
50
15%
200
15%
ft
10
37%
41 1/B
3,300
36%
Vh
4,400
2%
10
10
American & Foreign Power warrants-
42%
42%
42%
40
American
Cyanamid class A
Class B non-voting
Hoe
1
•YY:;'l
;
5%
preferred
$2.50 convertible preferred
w
•
47 %
Apr
Jan
19%
Jan
3%
A
J an
American
Light
Mfg
Co
;
500
43%
43%
Y.Y 25
Potash
American
$5
Jan
42 %
Jan
23%
Jan
28
1,700
13
Jan
19%
Inc
$3
American
Feb
26%
Apr
25
Jan
39% May
80
Jan
89 %
Oct
50
-
r.Y
1 Vb
„2
;
Jan
1%
1st
Superpower Corp common—*
4
SB
%
*
*
108%
preferred
series preferred
$6
American
Thread
American
Writing
Anchor
26%
,
Jun
Dec
57%
5%
Jan
4%
2,100
2%
Jan
common
Fence
Post
150
15%
3%
3%
4%
4%
4%
3%
3'''■•■••
3 Vb
400
■•2%
18%
107%
60
Jan
'
17% July
Jan
300
3%
Jan
1,100
2%
Jan
2
Jan
•
4
>
May
5%
5
Sep
May
Y 700
1%
Jan
2'A
Jan
700
8%
Jan
15%
Jun
310
/
97%
Jan
13%
111
Aug
3%
1,600
1%
Jan
5%
Jun
3%
3%
5,300
1%
Jan
6'A
Jun
10%
1,600
8%
Jan
105%
460
88%
Apr
'
10
10
& Light $7 preferred.*
105
preferred
6%
Arkansas
Power
9%'
,
.-
Y'Y 99
10% July
100
Dec
'
Equipment Corp
Aro
—2.50
new
Oil
&
Refining
1
Co
Breweries of Canada
Associated
•
dep
rects
YY .8% Y 9
Atlanta
Coast
&
Birm
Atlantic
'•
Coast
Atlantic
Line
:;Y; J?
''
r-4 O O
|
1
1
~8%
V
.
34%
6%. Nov
10% Aug
5%
10
Jan
4%
Jan
Jan
Jun
7
July
17% Nov
6'A
!
Dec,
%
Feb
1%
Feb
69%
Feb
f
1
CO O O
3%
Jan
2,425
28%
Jan
9
8
Jun
ft May
2'%
1
Y 80
9%
400
4%
Jan
8% July
4.200
%
Jan
6
200
2% July
8% Apr
4%
Dec
12%
3,500
10%
Nov
3%
500
2%
Jan
5
12%
Nov
5% July
700
9% •Y 9%
;
3%
Jan
6
Jun
400
.
4%
Jan
11
July
Sep
22%
221/4
50
16%
Jan
23
9]/4
-
9%
200
5%
Jan
10%
Dec
•
Class
B
non
Capital
City
Stainless
Barlow
&
Carman
&
Co
$1.20
Baumann
7%
Beau
(L)
Carolina Power &
1st preferred—.——
Brummel
Ties
$6
$1.50
convertible
Bellanca
Aircraft
Bell Tel of
Benson
&
preferred
Carrier
Corp
A
Products—
Castle
(A M)
Co
Convertible
preferred—
•
Berkey & Gay Furniture
Blckfords Inc
Corp
Hudson
of
—1
Central Maine
Gas
&
A'rcraft
Bliss
common
5%
(E W)
1
common—
Cherry-Burrell
Ridge Corp common—
1
$3 optional convertible
preferred—•
Blumenthal (S) & Co
*
For
footnotes
see
page
2% Feb
4% July
5% Mar
pfd
Cities
$6
Service
15
2,300
1% Apr
16
Jan
3%
Feb
7%
—
Jan
21% Mar
3
i',
34
34
900
36%
%
1
12
6%
36%
1
•
'
Oct
Cleveland
Sep
Colon
Dec
Colonial
6'A Sep
15% July
25
July
Nov
5
Mar
Jan
136
Apr
Jan
45
Jan
Coal
Aluminum
Club
70
33
35
300
7%
3,200
Nov
%
2,100
12%
14%
5,400
2
2
2%
45
46%
300
12
11%
12
300
Jan
Jan
1% July
9% Mar
13% Aug
6
10
Jan
Jan
10% Jan
1,400
46
42
If Jan
37%
6
Jan
Jan
Apr
9% July
16% Mar
3
50
4%
May
July
15% July
Oct
Dec
3 %
100
1%
Jan
5%
Oct
Jan
5%
Oct
6,100
13%
200
23
Aug
100
22
114
150
Oct
2% May
Jan
13%
Mar
Nov
23 % May
5% Aug
7%
Apr
20
38 %
Jan
% 114 %
70
106%
Jan
116
Aug
20
102
Jan
112
Aug
109 % 110
110
50%
Oct
15%
2,000
4%
500
9
200
Y
—
--
,
Y
Jan
Feb
Jan
13
Jan
21
2%
Jan
6
12,500
12 %
6%
15%
13%
10 %
7%
7
15 %
12 %
Jan
10
July
Aug
114%
Jan
84%
Jan
99
100
7%
Jan
(5
'8
6%
.1,900
1
Apr
Jan
9%
Jan
80
Jan"
75
64%
7
—
25
••
87%
87
7
5%
lOVat May
9
Sep
7% May
14 %
Jan
•—
Dec
1% May
Jan
4%
Oct
112
NOV
4%
—
4%
Feb
9% Mar
ft Jan
2,000
6%
5
Oct
116
190
9%
__
25
Jun
4%
98%
.ft
Jun
8% July
9%
6%
.
18%
97%
.
102
10
-
Oct
H Jan
9%
47'%
47%
4.
$7
1
ft
:
100
21
19
Y. 400
Aug
105
Sep
84% Jun
8
Jan
July
14%
15%
10,500
3%
94%
98%
51%
700
4%
90
10
101.''
7%
Y
,7
Jun
96%
Jun
70
76
Jan
99%
Dec
250
73
Apr
99
400
7%
99
99
11%
Jan!
900
;
101
V LA"-
Mfg
Illuminating
.
Corp
Columbia
5%
Fire
&
Gas
Co
V
t
$3
c
11
;
200
<£1
■; 6% Feb
13
Jan
% Jan
&
Public
Southern
8
Jun
22
July
1% July
Apr
5%
Apr
28% May
36%
Nov
5%
6
Jan
7%
Jan
19% July
14
July
5%
.
7%
'
3,800
8%
5%
2,700
3
1,400
Mar
3%
Dec
8
Mar
11%
Jun
1%
Jan
3"%
Feb
lVa
Jan
7% July
10% July
4
July
45%
46
46%
550
39
Dec
55%
58%
/
Feb
58%
60
340
24
Jan
60
Sep
warrants-
Service
25
._
1
Coke Secur common
32
200
14
%
500
10%
10%
200
32
1946-
1
*
—
Biscuit
Co—
Utilities
10%
.
21
Jan
ft
Jan
7%
Jan
11% July
% May
Nov
Jan
32%
5%
1
4%
4%
4%
300
2%
Jan
67 %
66%
67%
2,100
56%
Jan
115 %
67
Dec
Jun
July
4%
130
111 Y Jan
121
Jua
107% 108 %
100
i
July
1% Apr
%
_100
—!
22
26%
—
•
—
common
series B preferred
preferred series C
__
ft Mar
1/64 Jan
300
%
20%
20%
_•
Gas
Dec
8% May
2
2%
25
4 %<&
4%
1,600
V
—1
———100
Consol G E L P Bait
ConsohufcUfca
450
13%
Jan
Electric—
preferred
Consolidated
37%
100
—
-
;
4'11
12%
13
—
250
'
4%
1,200
37%
__
__
19
4%
5%
—.
extended to
Gas &
,
_*
warrants
Community Water Service
Compo Shoe Machinery—
Conn
%
*
Arms
preference
Commonwealth
*100
——
Airlines—
Patent
•
ordinary*.
Colorado Fuel & Iron
Colt's
*
common..
Development
19
19
_4
common
Co
*
1
.
98% Jun
48
.7%
!
Jan
99%
90
—
-
2,300
9
9
;
—
*
Jan
Jan '
Mar
14%
'
% May
26% Aug
18% May
ft Jan
9
95%'
—*
preferred
ft
ft
20
—10
Inc..
Utensil
Plow
Community
50
6% July
~7% "7%
.j;,;
—
Co————1
Electric
3%
55
Jan
1%
•
—*
Lights
Cleveland Tractor
Cockshutt
2%
3%
12%
Neon
6% July
115%
■
Controller
Clinchfield
150
Y
1%
140
_*
L
P &
Service
Jan
5%
15,000
13%
1%
—
Co—5
—
Jan
13%
5%
6%
5
common——
4
13%
7%
3
1
preferred B—
9%
'
13%
7
Jan
—
—100
preferred-
3%
"2%
r
50o
Mining
Jan
Y5'/«
Jan
'
Consolidated
Jan
Apr
Apr
Aug
Apr
1%
Jun
7% May
3%
■•400
loo
.
Chicago Rivet & Mach
Chief
%
2
1%
July
20%
9%
Childs Co preferred
3%
■
1% Apr
Dec
5Ve
>
98%
Chesebrough Mfg
Chicago Flexible Shaft Co
1,100
26
ft
5%
4%
1
common
1,500
i2ya
ft Jan
% Jan
100
%
pfd—100
Chamberlin Metal Weather Strip
Charis Corp common
t.
V/z
7
-
__*
Blue
1,700
5,300
preferred_100
Utilities
Co
2%
7%
1%
3%
5%
200
6%
*.
com
Light 7%
Central & South West
Clayton & Lambert
Birdsboro Steel Fdy & Mach Co com—*
Blauner's
31% May
1% Jun
3%
1
Proaucts
Claude
36%
Oct
Apr
25
25
1
Elec
&
Power
Steel
Dec
,,'
Dec
13 % May
3%
10
Power 7%
York
Nov
12%
—
1%
17%
99%
Jan
5%
1
America
39%
1
common
31% Y
Jan
Jan
9%
3>/b
.*
& Co—
Cat aim
Jan
_*
Feb
Mar
10%
500
—
•
-
29%
40 Vb'
..100
common—
Dec
6%
10
82
7.600
6,100
•
'
common
1,000
39%
,_20
Canada—
Hedges
17%
:<
—
.
•
common.
(J W)
Casco
7%
——1
common
Nov
•
r
-
Dec
——100
-10
Jan
5%
3%
•
preferred
Jan
—————1
common-
22
Jan
7%
11%
31%
Light $7 preferred—*
2%
————•
common
Beaunit Mills Inc
_1
—
Jan
14%
102%
9%
-
—*
19%
7%
May
200
25
common
1,600
Seelig
Basic Refractories Inc
16%
101
10%
•
class
Co
23,700
2%
Nov
2
Alcohol—
Class B
Carnation
7%
1
Steel—
17
101
1
22%
Mfg—
convertible A common——_S
29%
84
1,200
100
6%
.
Jan
Oct
100
Products
20%
1
common
July
5
voting
Y 21%
30.
22
"9% ~9%
Dec
15
Jan
600
5
1
Assn.
7%
preierred
Canadian Marconi
Clark
preferred——;—
5%
75
10
1%
1
Canadian Industries Ltd—
6%
——.—
common
1%
21
—
~9 %
City & Suburban'Homes———10
Baldwin Locomotive—
Barium
6,000
78
$6
preferred——
;
—*
City Auto Stamping—————*
B YV
YY
Co
19%
78
Yv
10
voting—
Power
2
5
9%
Industrial
A
Cities
Rubber
18'%
1%
__£1
Ltd 6%% pfd
Foundry Ltd—
Class
Central
Dec
pfd
$6 preierred BB_
Baldwin
19%:
50c
preference—
Canadian
60c
7%
Sep
50c
Corp
&
"Participating
May
40% May
'
for
11%
1%
Canada Cement Co
Canadian Car
Ohio
'
Voting Machine—
*
(BF) & Sons common—^
5
6 % preferred
25
Ayrshire Patoka Collieries
—-—1
Automatic
warants
300
25c
i
Insurance
New
8
3%
12
Fire
'
Cessna
34%
11%
—
Avery
Purchase
15%
rets—
Power:
Tungsten
Camden
Central
1%
1
Babcock & Wilcox Co
15%
12 %c
Electric
Central
6
2
,v
Callite
Sep
Y- 7%
5
Corp
Products
"8%
32%
1
Atlas
Plywood
15%
•
certificates
Central
' "
7
I
50
Co
Atlas Corp warrants—
Atlas Drop Forge common—
Automatic
•
Co pfd—100
RR
Corp—
Rayon
700
6
—*
Fisheries
Coast
Atlantic
300
12%
—£1
reg
Tel class A—
&
1,500
9%
5%
;YY- Y
Associated Laundries of America
Associated Tel
4% July
•
Products common
Carter
8%
Y
Associated Electric Industries—
American
9
YY'Y.
5
Art Metal Works common
Ashland
2%
Jan
2.50
dep rets 5%
Sugar Estate
California
11 May
■
3%
•
Aug
Dec
1%
Wireless—
•
105 %" Oct
2%
107% 108
3%
22
Aug
2
400
Power—
Corp
trust
&
Calamba
5% May
...
Jan
18,400
>
2%
:Y.Y2%
13
Apex-Elec Mfg Co common
:*
Appalachian Elec Pwr 4V2% pfd_—100
Arkansas Natural Gas common
*
Common class A non-voting
•
3*a
21,700
18%
—1
Angostura-Wupperman
.
'
%
108*%
5
•
preferred
Paper
22
Sep
5% Aug
3%
•
American
13% July
ft
107
Voting
Sep
4,100
2
5%
Feb
Aug
:
~3%
*
common
Cable Electric
Cables
Oct
Jan
7
American
17
Jun
UVb
10%
Y
—
Jan
Aug
43%
common
18
11%
50
•
July
%
Y; 4,400
Chemical
Seal-Kap
;
18% July
Jan
~3%
25
Corp Am dep
(P A)
15%
15%
•'--YYr
Jan
July
1
Sullivan
Biscuit
Dec
12% May
33
1
preferred
Butler
83
Jan
14%
100
»
preferred
&
18%
*'
—
preferred.
Hill
18'%
Y"
10s
common
& East
Jan
10% Mar
Sep
25%
37 %t
u%
44%
f
38% July
Jan
13%
37%
.10
:
Oct
7% May
1% Apr
•
———
1st
July
20 %
&
reg
Ltd—
Buffalo Niagara
Jan
Aug
1%
£1
*
$1.60
2%
2,500
Sep
12%
119
12%
5
Bunker
"7%
Jan
Jun
22'/a
Jan
ft Feb
—
ord
rets
B
2
£1
dep rets ord reg—
Burma
20%
-Y Y';
"1%
2,300
'Y.y
.
Celanese
Burco
33
.100
1
Sep
11%
7
—
Buckeye Pipe Line
July
100
17%
Republics
American
Co
(EL) Co common.
Bruck Silk Mills Ltd—,
6% July
7
1
29 %
112
100
17%
Co—*———
7% Mar
61
Tobacco—
Jun
16
.100
Maracaibo
12% May
Dec
30%
Bruce
July
26%
Meter Co
American
23%
Jan
2%
—
Oil
17%
15%
:
17%'
common
28%
Jan
7%
4,400
100
;;
Class A preferred
Brown Forman Distillers
Jun
26%
:
-20
Preferred
American
35%
common— -25
-25
& Trac
preferred
6%
American
•
35
:
43%
.
-25
Mach
Laundry
American
5%
11%
1,200
—
dep
Feb
3%
10%
common
American
Ciass
3% May
Jan
93 %
400
27%
5%
35
1
.
Rubber Co
Hard
American
10
3
'
1
convertible
S2
3.800
9%
3%
*
Co
Burry
Corp
19%
9%
•
Brown Fence & Wire
3% July
.45
July
Jan
150
.
107 Va 108
107%
common.. -10c
%
12
8.100
16%
'26%
26%
100
General
American
Jan
British Columbia Power class A
42% July
37% Oct
Jan
550
16%
10
preferred
4% %
41
•
common
Electric
&
%
dep rects ord bearer
Amer
Oct
Mar
9%
Jan
1%
Gas
.*
33
Jan
"1%
American
-
Jan
900
1
&
Sep
2% July
x4% Nov
37 V':'. 37
39
25
A
i
Fork
109
Jan
300
i
30%
Mar
900
A
A
British
Mar
120
Dec
Dec
Jan
2
1%
$5 prior preferred
Brown Kuboer uo common
Class B
American
73%
100
i7e
29%
11%
Jan
6
Apr
%
22%
British American
& Light-
Power
A
Jan
18%
100
class
Convertible
Class
106%
100% 101
"
1,350
-1
Co
Central
American
3,8001'
:110%
110
101
common
preferred
American Beverage common
American
•YLU"
100
Ltd
Aluminium
•
common
;
9
1%
11 %
British
Class
Aluminum Co
Jan
1%
B
Mlg
Class
350
•
2%
±00
preferred
Brillo
Dec
Dec
2,400
8
.19%
Preierred
Apr
3%
10%
Jan
6%
Bridgeport Oil Co
10
28% May
ft
'■
3
—I
-
Dec
Apr
::io
300
ft
8%
& Pwr...
Nov
Oct
4
""%
Bridgeport Gas Light Co
class
Jan
Jan
23
6
•
Aeronautical
Corp
Apr
46
50
v
1
Brazilian Traction Lgt
Breeze Corp common
Nov
110
Apr
1
*
common
50
24-
•
105%
Jan
86%
24
Hi"*'
11% July
82 % July
Feb
100
114 %
Jan
Low
I (5'%;
II":'Y;'
,
common
Saturday*
Range for Year 1943
High
•
preferred
Brewster
Shares
3%
1st preferred
2d
$5
Jun
low
-25
7%
on
for Week
of Prices
common
.100
Brill
Allied Intl Investing S3 conv pfd.
Allied Products (Mich)
Co
Bowman-Biltmore
Dec
3% July
94
(H C)
ahown
Sales
Range
Sale Price
Borne Scrymser Co
Bourjois Inc
July
35%
Jan
%
Last
21
1st preferred
4"% May
3% July
Feb
470
105% 105%
Allegheny Ludlum Steel—
7% preferred —
Alles
9
600
116
115
$7 preferred-
preferred—.
7 %
5% May
90%
-
Sep
Jan
3%
3
22%
Dec
27%
—10
Appliance..-
Bohack
5Va
Week's
Friday
Exchange
Jan.
are
.*
Exchange itself, and is intended
Curb
Par
Oct
3%
«
Curb
Ended
High
July
1%
1,300
2
preferred
Electric
SB
Corp
common
Air-Way
7'/4
5
York
Week
26
Feb
100
7
1
B_
Ainsworth Mfg common
Air Associates Inc (N J)
Aircraft
Low
50
23'A
17
20
;.\ 23%
23 %
—10
common
STOCKS
New
Range for Year 1043
Shares
High
Low
Par
Acme Wire
Sales
for Week
of Prices
range
the New York Curb Exchange for the week beginning
on
1944). It is compiled entirely from the daily reports of the
bond, in which any dealings have occurred during the current year.
Range
Last
Sale Price
21
complete record of the transactions
a
Week's
Friday
Exchange
Ended
RECORD
(Jan. 21,
whether stock or
STOCKS
York
Week
furnish
we
present Friday
the
to include every security,
New
YEARLY
disregarded in the week's range unless they are the only transactions of the week, and when selling outside the regular weekly
which they occur. No account is taken of such sales in computing the range for the year.
v :
,
~
deferred delivery sales are
and
210
103%
Jan
110%
Jun
4%
900
2
Jan
5
Jun
115
4%
115%
373.
r
.
Monday, January 24, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Week
Last
Curb Exchange
York
New
preferred
Royalty
8%
.—
Oil
Consolidated
Consolidated
:
Steel Corp
Consol Textile Co_
Continental Gas & Electric Co—
Varnish Co
Cooper-Bessemer common
$3 prior preference
Copper Range Co
Cornucopia Gold Mines—
Cook Paint &
dep
Dec
15% Mar
Jan
13
8%
Jan;
15% Mar
36%
Sep
41
4%
Jan
da
Jan
A
Apr
Apr
11%
''
5%
5%
3,600
f
150
%
2,800
8
%
500
Class
Jan
26% July
2,500
15%
Jan
30%
10% July
26%
2%
2%
200
2%
Dec
%
%
2,500
37a
Jan
4%
4%
300
—
a
2
2
4% July
Gray Mfg Co
4%
Great Atlantic
10%
67/a Mar
.
.
25%
;r%' r#
Apr
Jan
6
Feb
15%
Apr
%
-
20%
9,800
11
Feb
227/a
Jun
A 5%
2,400
vl%
Feb
3'/a
Apr
l7/a
Sep
3
July
8
20% A
5%
Dec
10
5%
& Pacific Tea-r-
Apr
40
July
12%
Jun
Mar
108
Jan
A
% May
33% Oct
J an
July
5%
1% Jan
600
,
.
18%
5V« Jan
A
12,700
Oct
Sep
May
Dec
July
27
32
:
500
'.A1
"a
■
25
Oct
9
r
a
85% July
A
127% Mar
140
July
350
27%
Jan
36
Mar
600
5Vu
Jan
10
Apr
*3-%
100
■
:
•
;
'
AA-1%. Jan
102 V2
60
i 109
109 % A
-.111%111%
;
Apr
3V4 Jan
67% Mar
'•..A.-
134'
'3%*
.A
Oct
.5%
.3% Jan A;
.
;' 7%.
"134
—"'A:,'r,7
31%
175
,'";-3i%":.32":v.i
{
56
Jan
13,600
•
85'/a
84,A
•
1st
1
5 j r 5%
7% 10'A
V
•;■ r
—
32
30%
.
5%
10
Feb
22%
350
/
Jan
.
4% May
114
Sep
•116
Nov.
.
Mar
19%
4%
Jan
31
Great Northern
1%
200
.
.
common stock—<-A.—r*
preferred.———.100
Papey..—'
25
Greenfield Tap & Die—.
•
Grocery Stores Products common—25c
Gulf States Utilities $5.50 pfd...
•_
7%
Sep
600
5%
52%
13
-
26% Jan
100
""%
11%' Nov
10%
Apr
96
'"■A
Non-voting
Dec
Jan
Jan
39%
10
Nov
:
A
Jan
12%
2,400
15%
.10
10
•
2% Aug
U
900
■:
;.,
....
4% Jan
Sep
100
(3:4% Feb
45
Sep
112
Jan
100'
39%
Dec
43%
•
;f
30O
'•,
,/<v.
10%
14%
,
39%
5
Jan
19%
.
V
—
.
Varnish
Jan
Sep
15,
10
1.
common
Grand Rapids
1%
100
10%
10%
10%
2
••.
Mlg
Gorham
Oct
ii!
:
—*„
preferred—
$3
Sep
2%
is
4%.
5
■'—*
2.50
—8
Sugar
—
Cuban Tobacco common
Curtis Lighting Inc common
Curtis Mfg Co (Mo)—
Atlantic
Jan
Jan
•
11
*1
50
*
Mines
Inc
Gorham
July
100
10%
.
10%
•
Mfg Co
class A
Goodman
9
10%
.;-v'
•
_*
class A
B
preferred.....
Goldfield Consolidated
Jan
July
Jan
89%
*
$7
Jan
31
76
9
52%
112%
112
—*
—
'
26%
•
Co
2% May
250
,
May
% Jan
50
44 A
Dec
>
2
3%
43
•
.
»
300
76%
Aug
"75
V2 May
2,000
76
•
•
Godchaux Sugars
Jun
3% May
13%
common
Gladding McBean & Co
Glen Alden Coal
Jan
i'-'ji:.:' 125
'•
Gilchrist
Apr
90 %
(AC)
Preferred
2% May
A
Jan
100
2%
Gilbert
Nov
7% May
Jan
79
80
85
24
...
"1% •"!%
1%
'76
82
A
Jan
30
60
74%
Jan
61
50
A
Dec
200
.
103
8%
38%
2%
Dec
preferred.—
.
<
Georgia Power $6 preferred
$5 preferred
9
12%
23.
Electric common
Sep
4%
300
"1% "1%
preferred
convertible
$6
Gen Water Gas &
High
Low
V
84
-.
74
74
1
•
1
•
•
•
General Shareholdings Corp com
Oct
800
11%
:
Rayon
2% May
Jan
76
,
200
■
General
$3
38%
—A:.
23 •
common..——*
—10
preferred..
$6
Cuban
Aa/;
Nov
10%
3% Aug
410
84%
23
preferred
convertible
106% ArA
9%
97/B
13
13%
105
—
8
*
-1
•
—5
•
25o
W
Crystal Oil Refining
3%
1.800
reg)—£1
receipts (ord
Liquidating Co—
Croft Brewing Co—
Crowley Milner & Co.
Crown Cent Petrol
(Md)
Crown Cork International A
Crown Drug Co common
C
Jan
3%
Public
5%
Petroleum.
Creole
Jan
5%
9%
3%
1
—*
1
50
preferred A
Cosden Petroleum common
5% convertible preferred
Courtaulds Ltd— v
A-" A;>
$b
American
l'/e
900
—5a / a. :
—*
Reynolds
&
Cor; ton
Jan
107
50
1,600
9%
General
112
1%
9%
1%
—
7% July
Jan
114% 114%
*
'
* A A--"'
—*
5'/a
d——
Coro Inc
6%
3%
400
81
pfd
Outdoor Adv 6%
Range for Year 1943
Shares
High
Low
Par
100
Service $6 preferred..*
Co A stock
*
General
Sale*
for Week
Prices/
of
Sale Price
■
.
.
Mar
41
Jan
31
575
6%
6%
105%
100
1
*
7%
prior preferred
Continental Roll & Steel
__
High
Low
35
34 '%
5 ■>
—1
100
:
10
*
10a
Ltd
Year 1943
Range for
Shares
Ended Jan. 21
Week
Range
Last
Curb Exchange
York
New
High
Low
Par
Consolidated Mining & Smelt
Consolidated Retail Stores
tor Week
of PriCes
Sale Pries
Ended Jan. 21
Sales
Range
Week'*
Friday
STOCKS
Week's
Friday
STOCKS
■AAA'
*,;
•
preferred—
Gypsum Lime & Alabastine
$6
.•;c
107 V2 Mar 'A"
50
A. 14%
6%
Mar •/:
Sep
AAA AA A
H
Derby Oil & Refining Corp
A convertible preferred
Truck Cochanged to Divco
Name
Dominion
Dominion
Dominion Tar &
Gas &
5%
States Corp
5%
& Light
67%
Empire
Emsco
1%
Motor Co
dep
Am
Ford
Motor of
Fuller
$3
(Geo A) Co
—
stock
convertible preferred
24
A
Jan
Jan
•2 '/a
900
.
Jan
& Hardart
&
Jun
Hubbell
Apr
Humble Oil
4
•*
Mar
3
July
117%
Apr
Baking Co
Hardart
5%
76
«
Jan "I
18
Jan
42
Jan
59%
19% Jan
38 %
Jan
% Jan
7
10%
Jan
36%
(Harvey) Inc
& Refining
Co..——
Ligonier
Hussmann
—
Huyler's common.—..
33%
34%
300
10%
Jan
36'
Dec
34
41%
41%
42
1,850
31%
Jan
42
Apr
5%
5%
6
2,700
2%
Jan
8
7%
8%
6%
12
Apr
15
Jan
9
% May
Jan
89
Dec
43
Jan
907/s
7
Jan
62
85
90
47
48
2,300
;.vA. 250
1
1
8%
9%
:
Jan
A 100
4%
5,900
Dec
Feb
7? 9
July
31
Sep
Jan
9 % May
88
Feb
105
Nov
29
.0.60
113
107
Mar
43
Nov
6% Jan
12 %
Jan
1% July
1%
10,600
i7fl
Jan
32%
32%
425
22 %
Jan
35
5%
5%
1,100
2%
Jan
6
25%
18%
Jan
34%
Jan
21
7%
2%
V
1,200
20
2
1,800
6% Nov
4,600
1%
Jan
400
7'A
Jan
Jan
24
13
13
15%
15%
16%
5%
5%
1,900
600
6
3%
Jan
Nov
29%
Jan
71%
4%
4%
500
3'A
Jan
Interstate
6
15%
Jan
17 V8
600
17 Vb
100
11%
150
Jun
14% July
Jan
15%
Jun
Dec
24%
Jun
15%
Jan
32% July
10%
6.300
6%
10%
10%
'
15
35 A
35
4%
11%
Sep
Nov
20
Jan
29%
Jaii
3%
10
200
3%'
4%
Jan
16
100
15
Dec
4% Aug
{
50
19
19
39%
Apr
Jan
3,900
,500
:
4%
4%'
4%
X7%
7VB
X7%
2%
2%
Apr
115% Aug
20%
Jun
42
•
Dec
*
38%
Dec
Jan
800
5% Mar
Oct
3
A
AASOO
2%
v
Mar
27%
Feb
14%
400
26%
38%
39%
23 %
108%
26'/e
Dec
35 :
105
103% Mar
8% July
5%
12%
11
12%
.
2%
Dec
Jan
22%
Jun
Jan
,
3
4%
Jun
3%
Jan
9%
Dec
Sep
Jan
u
A 2,900
'
42
11V
12%
ll'/a
11%
12%
11%
Jan
5 ;
Jan
45%
Jan
10
Oct
Jan
16%
Apr
9%
300
.
Oct
5% Mar
15 % July
1.000
Jan
15'% July
300
12
,11%
87/a
Dec
10% July
Jan
24 A Aug
9VB
9%
7% July
Jan
9%
10
800
16%
Sep
112
91
Jan
130
20
Feb
45%
Oct
•:
180
20%
Jan
48
Oct
%
Jan
1% July
125
15%
Jan
38% July
550
69%
Feb
87%
Sep
100^
12%
Jan
16%
Jun
900
2%
Jan
11% May
4,800
1%
Jan:
Jan
109% no
51
47%
48%
'
53
27
;
A/
/
230
A
8%
.,
27
•
80%
A
83.:.
15%
'15%
7%
8
3%
7%
3%
A
1
._*
•
2,400
5
May
14% July
21%
26
:
A8
Jun
1% May
Jan
Jan
21%
Jan
26
Dec
45%
Jan
Jun
A Jun
Dec
Dec
NOV
3%
21%
7 %., V
v'A
7%
32
Feb
24%
1%
Jan
•:. 100
%
Feb
250
14%
Jan
21
Dec
10% Apr,
1,000
l'/a
:sl%
• ., — .
( A
100
July
9 s,a
Jan
3%
,
200
45
25%
45
1%
. .•
200
500
%
21
Jan
% Mar
1.900
1%
■
26
6%
•"•**100
21'% July
Jan
14
8
10% July
Jan
13%
21%
21%
Nov
6%
6,100
1%
1%
-
8%
19%
fa
8
♦
Mills—
8%
18%
—:
*
10
•
_•
•
Hosiery
1
25
"3
13,600
2,700
16,800
6
46
300
7%
,i
jV
iV
.
I8V2
13Vb
1
;
'
7
100
,;a8.- :A-8
«
1.,:A. l
Ya
Jan
2%
Dec
200
;
;
10 Vb
Oct
A July
July
2 ;
Jun
6
July
\j ' I,
Jun
Mar
5%
44%
' 109"%
..
Jun
22
1% Mar
Aug
2%
Jan
11% Mar
.ColLALAA—J.l
Jacoos
(P L) Co_A_Ai—uI
Jeannette Glass Co1 —A—T-;
—*
Jersey Central Pwr & i.t 5%% pfd.ilOjO
4% Mar
20%
Sep
15
Jan'
44
Apr
45
Jan
64
July
9
Aircraft Engine
Jacobs
'
Mar
Jan
29
11%
9%
27% July
11%
*
'
15
3%
•
.
20
Irving Air- Chute^__i.i
1;
Italian Superpower AilL—_————• >
A
t
.L
*•
A .' A i
A;
'■
.. A"-.
A.". A"
Sep
.16% Jan
3%
Jan
600
preferred.^
, ;v;.7%'
Investors
Royalty—Aj.;
—
.1 .
A •
Iron Fireman Mfg voting trust ctfs—*.; :;A—A-.'
May
21%
shares..
Products ——;
Safety Razor B—
Utility class A—
Interstate Power $7
•
^
Jan
300
1
preferred—il
$3.50 prior preferred—.1
Interstate
Home Equipment.
Oct
600
Jan
A
$1.75
Nov
57%
20%
6
26%
50
R
PlflCD
Jun
29%
17%
Registered
International
International
International
July
6%
130
20%
100
21%
•
International Minerals and Chemicals—
A A, ■
Warrants
L
1
—
A-'-A'International Petroleum coupon shs
•
18%
Mar
61%
200
—5
1
1.
1
1
•
...100
10
3
61%
•
—*
11% May
25
100 Aa A- '.10 a - 81 •
15%
series—
$3.50
International Industries Inc
International Metal Industries
13% Nov
13
Jan
21%
£1
Preferred
10% Mar
8
2%
7%
Jan
25%
...;
Co
preferred.
A
Insurance Co of North America
International Cigar Machine..'
International Hydro Electric—
Dec
18%
Zinc
7%
Sep
7
'
Dec
(
6%
9
21%
Indianapolis P & L 5%% preferred.100
Indiana Service 6% preferred
..100
7%
preferred
:
100/
Industrial Finance v t c common..—1
May
1 %
1%
500
500
7Vu
12%'
Ireland
July
2% May
Jan
5%
26'
9%
Apr
12 Vb
9%
v
■
22%
Imperial Chemical Industries—' AAV:
Am dep rets regis
*
£1
— ■?
Imperial Oil (Can) coupon
•
11%
Registered
...
A—
*
11%
Imperial Tobacco of Canada
5
Imperial Tobacco of Great Britain &. A// ,•
Dec
2
42
89%
85
July
7%
Jan
11% May
9%
• " ; 5%
50 " 44%
5% conv preferred L;——--A.
Dividend arrear ctfs——
Illinois
Jun
>32,100
77
4% May
A 46
Jan
4%
Nov
May
6
x33 % May
Jan
31
130
3,200
6%
12
,
1
1
*
5
,
Illinois Power Co common
A
Dec
f.-.f
1%
1,300
4%.
44
2%
Jan
A19% Jan
AA200
30
Jun
1% May
250
90
3%
Apr
34%
85
IV2 Jan
300
12%
12
12
100
5
*
.5
•
preferred
Hummel-Ross Fibre Corp
July
26
33%
200
100
400
Nov
27/s May
720
575
800
&
A
A
6%
6%
•
Horn
Aug
31%
■
Jan
20
34
May
5%
•
1
_._.*
•
(AC)
78
1 Va
200
A
58
A Jan
2
•AA:
2%.:
A*'3%'
•
& Cc common
Co common——.
Horn
9% July
,.
8
5,900
May
•
'41%'
S
•
G M
L_
Inc
(Geo A)
Horinel
Oct
21%
Jan
v
'
33%
Canada-
conv
A%
56%
1%
1%
56%
£1
A
Dec
150
.•A A..
32%
Ltd—
non-voting
Class B voting
Ford Motor of France—
Amer dep rets bearer
Fox (Peter) Brewing Co
Franklin Co Distilling
Froedtert Grain & Malt common
Class
Horder's
6% May
Jan
66
3%
58
1
reg
Oct
Jan
21%
V-
,04%
3%
33
Airplane.
rets ord
■
5% '
29%
.4%
5
preferred ——
Hydro-Electric Securities....
Hygrade Food Products
1
1
Falstaff Brewing
1
Fansteel Metallurgical.
•
Fedders Mfg Co—...
—
5
Federal Compress & Warehouse Co__25
Fire Association
(Phila)
...10
Ford
t;
:
2.50
.10
1st
Fairchild Aviation
Fairchild Engine &
11
Jan
2
6'/a
—
50
...—-1
Inc common
Eversharp
Hollinger Consolidated
Holophane Co common
5%
7
69%
67%
A
1
convertible preferred
Esquire Inc
Eureka Pipe Line common
Jun
50
Nov
7
'
5
$3
14
Jun
Jan
42
A-—*.•
Heyden Chemical common
Hoe (R) & Co class A
10% Mar
17% Feb
A
25
Jun
AAA—;A
■
—
10c
Equity Corp common
30% Mar
'
30
—2
3% Jan
•
600
6%
——
—4
100
•
Electric 6% pfd
Power participating stock
Derrick & Equipment
Empire District
21'%
.
.
common..
Henry Holt & Co participating
Hewitt Rubber common
Sep
Jan
Sep
Co
5
25
'
A'2%
'
25c
—«
*
—*
Preferred
Horn
1
15
National Watch Co
Emerson Electric Mfg
Elgin
Class A—
4'% May
Jan
'
9
800
—
1
*
Option warrants
Electrographic Corp
Apr
'50
100
48
A
Dec
1%
-
5
50
8%
•1% Mar
10% Mar
A'-
*
5
*
*
2d pfd A——•
preferred
Electric Power
19'%
Mar
% Jan
0"
A
:
—•
•
preferred series A
$6 preferred series B
Eastern Sugar Associates—
$5 preferred v t c
,>
Easy Washing Machine B
Economy Grocery Stores
Electric Bond & Share common
$5 preferred
$7
Apr
2
10
(A
06
4%
"*6%
•
100
100
25
—•
Fuel Assoc common
prior
Eastern
$6
23
—
—*
preferred
6%
preferred
Eastern Malleable Iron
4 % %
13
22
A.' A. "
——-10
Duke Power Co.
*
Durham Hosiery class B common
*
Duro Test Corp common
1
Duval Texas Sulphur
*
East
Jan
Corp..
A
Dept Stores common.
preferred
Hecia Mining Co_.__^—
Helena Rubinstein——
Jun
14 '/a
600
Harris Co
Driver
79%
18
'
•
25
*
Corp
Draper
Jan
6,600
21
23
com—*
Chemical Ltd.
Hearn
Nov
A A: 48
48
Hazeltine
Mar
6
Jan
A
200
3%
3%
21
Corp...;—1
1
common
Co
Industries class A
Bridge Co Ltd...
Steel & Coal B.—
Domestic
?
if
\l
3%
Divco Twin
Dobeckmun
July
111
A Feb
Heller
Stove Co
Products
Gray
Mich
Steel
Vilbiss Co
Detroit
72
x8%
200
19%
Jun
62%
ww
A
19
Oct
4%
1%
'
—20
A
Jan A
50
110
J"
Dec
6'A
•
i
Paper—
'
21
10
Hartford Electric Light
25
Hartford Rayon voting trust ctfs—.1
Harvard Brewing Coi—.
1
Hat Corp of America B non-vot com—1
Jun
35
Jan
Jan A
1% Jan
4,900
6
v,..;''o V
3
common...—1
10
De
common
10
7%
preferred
10
Diamond Shoe common.
*
Iron
Detroit
3'/8
.XV"
-
Foundry
Detroit
24%
2,200 "
4%
5%
•
1
:—
140
A,
Hammermill
19'%
11% Jan
200
,3%
4%
•
com
Gasket & Mfg..
preferred—
6%
33%
700 '
Nov
July
7
Jan
200
6%
6%
Hamilton
24
Jan.
15
'
6%
5
50
100
debenture
Detroit
16%
1
preferred...
$6 prior
15%
35
Dejay Stores
Dennison Mfg class A common..
8%
24
33%
r—1
A
Class
20
24
16
•
Rubber Mfg
convertible
Dayton
20
24
—8
Darby Petroleum common—.
Davenport Hosiery Mills
Oct
4%
4%
Lamp Co—_
...8
Bridge Co >Ltd„_———*
Hall
20
8% Jan
1,500
■; 25'
21
6%
r
preferred.—:—li"_jT——^.^__100
preferred—1^1—
100
6%
7 %.
.
Julian &. Kokenge
Coi__A————•
3%
vr;t
vsV6%
-
A'3%
6r'A
-t.2%
-
»■*> 89
;
22,400
18
-
-
;
.
2% Jan
6%
Jun
Jan
2%
Jun
i.eoo
.
1
A66
89
/
Jan
69%
-
18
.
100
C 2%
100% 101
100 %
•
100
;;
6Va''.i
..•••
Jan
13%
125
Jan
79
/.12*
18%
Jan
89
A Aug
97
Aug
102%
Oct
19% Sep
fe;v'
.
Gatineau
5%
Power
preferred
Gellman Mfg Co
General
Co
Tnn
2
common—II
•
General Finance Corp common
5% preferred series A
Fireproofing
Gas & Elec $6
For footnotes
common""
preferred B
see
1%
1%
u
10
100
68%
1
10
Dec
82% July
Jan
%
100
page 373.
£1
12%
12%
12%
200
Jan
—•
Jan
2
Jan
lOO
7%
Feb
1,900
xl3'%
Sep
1
—10
9%
8%
15%
116 %
8
15%
115
8%
16
116%
50
90
•
Apr
2%
Jun
1% May
13%
Sep
4 % May
8% July
16%
120
.
...
.
•; -
July
Dec
"
Amer dep rets ord reg
Gen
73
73
*
Alloys Co
Gen Electric Co Ltd—
General
6%
•
common
..
.
-1
•••".
'
.
•
K
i
'.f
.Kansas Gas & Elec 7^>
Kennedy's Inc.—7
Ken-Pad Tube & Lamp
■
•
—*
„
8
A_.__._l——*
■-
15
Key Co common——1.——
■.*
Kings Co Lighting 7% pfd B——100
5%
100
preferred D
Apr
Kingston
Dec
Kirby
Products—i_.
Petroleum
—
11
1
100
9%
9%
•:;i3%
17%
2,100
59%
30
>59%
1
123
May
6%
Jan
10
Dec
5%
Jan
14%
5% Sep
%
preferred...100
5%
115% Jan
Apr
Sep
45
July
63
Nov
32
Jan
49
Nov
4
Jun
2%
2%
600
1%
Jan
'2%
4%
4%
4,900
1%
Jan
4%
5% July
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
New York
Week
Curb
Sale Price
1
Klein
(D Emil) Co common
Kleinert (X B) Rubber Co
4%
convertible
1st
13(4
200
16
Apr
Apr
50
10
92
Jan
Nebraska Power 7%
Nehi Corp 1st pfd
July
4(4
200
7%
—
Jan
Lakey Foundry & Machine
Lanison
5
.
Lane Bryant 7°fc
Lane
Wells Co
15
3
5%
7
200
6
7
500
1%
1
Jan
1,225
25%
9%
Jan
87%
Jan
England Power Associates
6%
preferred
preferred
$2
New^
England
Haven
common
Clock
900
Class
B
*
-
Convertible
Arizona Land
Jan
Apr
N
Y
NOV
Apr
N
Y
&
Dec
6
Mar
N
Y
Feb
105
Leonard
Gil
Development
Le Tourneau
N
N Y
(R G) Inc
5(4 Mar
Feb
2
% Mar
"""*%;
.:-1*« Vn>
*""%
3
^5 Jan
17,300
,•
-
24%
1
(
Jan
Honduras
Y
Lionel
Lipton
Lit
(Thos J)
Brothers
Loblaw
Locke
Class
Power
& Light 7%
preferred
Niagara Hudson Power
32% July
5%
preferred
2d preferred
2,300
6V2
Jan
9%
Apr
Nipissing
1,700
i4
Jan
2%
Apr
Noma
North Amer Light & Power
6%
6(4
20
Jan
55
Aug
Jan
52%
Oct
1,200
110(4 110%
21(4
204
110
Jan
Mangel
29% May
Mapes
Co Ltd—
munication
81
—
Jun
-
'
—
Jan
7
'
2
1V
1%
2'/a
5,800
%
Jan
1
6(4
5(4
6%
3,600
3%
Jan
common—1
%
%
4,200
a'a
Jan
105% 109%
350
52(4
Jan
; 103
Dec
22(4
Jan
34
34
July
July
53
Mar
•
i—i
class A
American
.4%
5
.
.
5
U '
14
——*v
McWilliams
*
Dredging
Mead Johnson
—
:'•
—
'9%.
;
—145
& Co—.
35~
Stores
_•
common..—■«.,
•
V 145
v..-,
44
-
7%
•
Warrants
6%%
A
preferred
i
(A
200
4
145
25%
Textile
•
Apr
1' 8%
4% Jan
8t
Jan
•
13% May
Xl50%
Jan,
2?/a
1,200
Jun
4"% May
Jan
12EB;
7
44
250
1
Jan
2^.
>
,-
4%
52
Jan ;;
1 77
1%
Sep
Jun
Oct
t
%:
108..
.
14
3
350
3
5
y
■
1%
Apr
4
Feb
6
Jun
83
Dec
83
Dec
82
Jan
104
Aug
102(4 Mar
112
Nov
8
% May
5
7^7 .%
Michigan Sugar Co
Preferred
10 4
———
Micromatic Hone Corp—,
Middle State? Petroleum
Class B vtc
l
1
class A vtc.l
••
Jan
,
Apr •
7
7%
■
.
400
2,800
100
—25
8
•
23
•
8%
7%
4(4 Jan
7.000
23
I
16%
!%•
1%
/ 1%
300
-
,
200
Jan
27% May
Ogden Corp common
Ohio Brass
6%
Jan
:'i
preferred
Ohio Power 4%% preferred—
19
100
Ohio Public
100
6%
Service 7%-
1st preferred—*
Oilstocks Ltd
Oklahoma
$3
1st pfd,
Jati
17%
Jan
91
Jan
10
113-
116
116
100
110
110
20
5%
Jun
22% May
110%
Dec
106(4 Jan
115% Jun
107
Jan
118
103(4 Mar
112
51/a
5
Natural Gas common-—_15
Oct
July
15% Oct
19% Apr
55 % July
Dec
—
20%
111%
21%
2,500
54%
200
48
Jan
690
110
Feb
7
Jun
8
Feb
Jan
8.
Jun
Jan
7(4 Jun
54%
•
54
3%
50
-
prior preferred—
111(4 112%
3%
preferred
conv
2%
250
60O
113
116
100
—
common—
500
19(4;
110% 111%
111
*
—
3%
37/a
-
•
common
$6
...
Oliver United Filters B—
16% Aug
•
=
Omar Inc—..
117
May
Overseas
Securities-^
l
&
Sep
Apr
1% May
5> Dec
7% Mar
h 6% July
Can
Co
Pacific Gas
5(4%
Common
•
1st pfd—
preferred
Pacific Lighting $5 preferred—
Pacific Power & Light 7% pfd_,
35%
1,900
31
100
28(4
Jan
380
102%
2(4
Jan
106% 108
•
Dec
Dec
Page-Hersey Tubes
Feb
1st
400
19
36% July
-
Jan
Jan
3%
33 % July
110
Oct
99
100
Nov
Jan
86
3%
Jan
9%
Oct
6
M
5% Sep
19%" Aug
Sep
6%
Apr
14
•v
15% Feb
72%
•
—
73
120
5
19
•
preferred—
-
101%
5
?■■■■■
Pantepec Oil of Venezuela Am shs—
$1.30
Service—
99
101%
100
9(4
1%
Public
14% Sep
Jan
32%
Dec
Pacific
Jan
35
32%
9%
Jan
8(4
....
25
25
Elec 6%
&
1st
10%
x3(4
-
—.
class B
Co
Edison
% Mar
4% Mar
1,000
23
i 111% July
?% Jan
700
'
—
O
Pacific
4%
1,200
8%
1
<—*
6%-. 7
5%- s 6(4
8 £8%
7".
-
4%
„%>
„_v-
500
%
6%
,
<7
—
4%
4%
pfd_100
-
Corp—
.
Feb
50
6%
Jan
Feb
(4
3% July
40
•
i':Michigan Steel Tube^.i—2.50
23%
400
30
Jun
lA Jan A.
400
5.-5
3
Nov
2(4
-
•
1,000
Apr
112%
>
1% Mar
28.,
—
——«.l
Jan
Ji»:. Jan
6,200
—
v7>
8%
1(4 May
-98(4 Jan
1
.
t:
Jan
,%
200
ui'-
Michigan Bumper Corp
common
1
7;7 1%
Participating preferred
—15
Metropolitan Edison $6 preferred
•
New
5 v
5,200
1%
—■—25c
Corp—
7(4
—
1
V 300
Dec
6% May
!'
Jan
1(4
10
3%
•
6%
,
29%
30
Mar
Jan
,700
%
42(4
#7..
—"
:'
100
Messabi Iron Co—
Metal
7%
_•
—-——
—
:
51(4
Co—
preferred
$5(4
Merritt,Chapman & Scott—
RR
30%
•
1
*
Mercantile
Jun
% May
' Jun
4
a
3 % * • •"'"700
9% 7 9% 7T 1,400
3(4 '•"•'•-£ 3%
6
Memphis Natural Gas common
4(4
50
;
Utility Securities
-
Jan
——
...
y.•
—
9% July
1% May
'
'
5
Ohio
Massey Harris common—
McCord Radiator & Mfg B
30"
30%
•
Novadel-Agene
Jan
--•'
Margay Oil Corp———
—•
Nov
5
Northern States Power class A
Jan
V-
'■/
.
Mass Utilities Association v t C——1,
Jan
8
200
Sep
90
2
26'
—
t
L——
Marion Steam Shovel--
Jan
8%
6,600
—
i
Com-
91
Vs Feb
U May
6(4 May
104% Oct
12% Apr
9%
Jun
6%
Jan
57
40
3(4 Jan
n74
;
Nor Indiana Public Service
2%
Jan
2%
81
700
9%
prior preferred
North Penn
1L.
Marine
International
Marconi-
'
—
(The B)
5%
11%
—
preferred—
6%
i'
/i;%.
—
1
preferred———*
Co
0i
Consolidated Mfg Co—
•
Stores
convertible
$5
Manischewitz
Jan
•ft Sep
9%
Mines—
Electric
North
v' 1,600
'
•83% July
76% July
1/128 Jan
1,100
Jun
11%
Northeast Airlines
1% & 1%
42
40
2,200
Dec
3%
Jan
A
a7a
*-
Sep
70%
1
Northern Central Texas Oil
r
•
-
—1•
North American Rayon
Class B common
Aug
V'*
M
v
111%
,
9% July
Jan
18(4 Jan
f- :Y-V
250
27% ,•:
27%
5.(4
103;
$6
2,100
100
Nineteen Hundred Corp B
1
Manati Sugar optional warrants-
77
54
aa
1/64
5
preferred—
Niles-Bement-Pond
Jun
400
:
A
18% Oct
16%
1,175
6%
Class
Oct
Jan
54%
May
5%
1/64
1
common
18%
56%
JS
83(4
76%
77
Jan
Niagara Share class B
12%
51%
—
80%
80%
100
50
54%
23
Jan
100
300
53%
July
1%
24(4
54%
Nov
105
55,500
Jan
100
113
Feb
3%
-
2'/a May
Jan
95%
3%
111
111
-
Oct
102
10
31/4
warrants
100
common—
220
10
common
1st
warrants
preferred class B_„
Corp
114%
103% 103%
113
114%
Jan
optional
preferred class A
Lynch
24% May
13% July
Jan
optional
6%
*
Jan
18
200
23%
Nov
Class B
7%
Exploration
8 (4 May
36%
Class A
1%
&
Jan
102%
Nov
1%
Land
2%
Xll
Jun
1%
Louisiana
350
10
13
•
Louisiana Power & Light $6 pfd
8
110
12%
Long Island Lighting common—
Feb
4% May
66%
Dec
4>8 % :: 8%-
-
July
Feb
66%
Jan
8(4
4
31
Jan
2%
66%
7(4
Lone Star Gas Corp new common-.,—10
Jun
100
.1
11(4
16
68% Mar
10%.Mar
pfd-100
100
18%
Jun
21%
Dec
100
shares—
100
15%
9
Jan
53
7(4
•
11
18%
5
Sep
3%
23
preferred__100
%
0
*
A
18
110(4 Oct
131/4
200
1,900
10
17(4
•
common
Groceterias
Steel Chain
5% May
53% July
1(4 Jan
—10
11
preferred—25*
Inc 6%
Rosario-
11
10
Nov
3-%
7(4
11 '■/
5
Corp
7
Shipbuilding Corp—
5%
Material Co
Line
Jun
11% May
Jan
28
•
common
N Y State Electric & Gas $5.10
N Y Water Service 6% pfd
28(4 Dec
% May.
Feb
12%
Co
Merchandise
Founders
Nov
1
1
;
2%
1
25
6
Dec
4(4 Jan
2,900
19%
56
Jan
Dec
Nov
4(4
Sep
V
19%
55(4
City Omnibus warrants
Jun
1
9%
19%
56
•
14%
21%
1
)
*
7%
200
1
common
Auction
11%
.
1
preferred
•
•
Y
6% Jan
y
49%
105% 106%
25
——
N
$6
Lefcourt Realty common
Co
common
Jun
a 19(4 May
10%'
10%
10%
*
48%
49%
*.100
39(4
100
1
-
Langendorf United Bakeries class A
3%
*
Tel
&
Jersey Zinc
&
1,800
*
Tel
Mexico
5%
100
—
1%
100
28%
Jan
2(4
3,800
2%
:v;:.
100
Nov
4%
8(4
10,100
2(4'
14%
1
—
of Delaware
preferred--.
Corp
14%
2%
1
Mines Ltd
86
7
New Process Co
Shore
Sep
Nov
86
♦
5%
New
Lake
114
•
Jan
20(4
1,380
40%
38%
40%
—100
*
Feb
*
New
(N J)
1
—
High
Jan
104%
100
5
New Idea Inc
RR
Low
12%
100
Nestle Le Mur Co class A
New
Lackawanna
preferred
Range for Year 1943
Hiah
26(4 .26%
(Herman) Corp___
Neptune Meter class A
iy. j
•
Low
•
Shares
Nelson
85
Sep
14% May
8% Nov
•
12 (4 Mar
Co
for Week
of Prices
Feb
n
—
—
Oil
Sales
Range
Last
Sale Price
Dec
105 ,'.:i
New
..
Week's
Friday
■
v
21
For
Navarro
Oct
10
Feb
200
69
101
100
10
1
.
16
102
'• V,
Exchange
•'■'.''v'
9(4 July
Jan
16
Curb
Ended Jan.
Oct
12
101
Week
Sep
16
4(4
.
,
preferred
%
Jan
9(4
__
100
special preferred
Brewing Co—
High
(4
,
1
(S H)
Kreuger
300
.
'-u
—_*
Koppers Co 6% preferred.*
Kresge Dept Stores—
*
Kress
Low
%
16
•
10
Knott Corp common
Kobacker Stores Inc
%
—
New York
Range for Year 1943
High
Low
Par
Kirkland Lake G M Co Ltd-
V;
Shares
of Prices
STOCKS
.
for Week
Range
Last
Exchange
Ended Jan. U
Sales
Week's
Friday
STOCKS
*
371
Jan
26% Nov
Jan
19% July
•"•'37
Aug
Jan
'
Middle
West
common...——5 •v'.v 10%
Corp
Midland Oil Corp $2 conv
.preferred,-*
■—
10y4
-
t
10 Va
6,600
,
4%
Jan
8
*
—
Mar
Midland Steel
Products—
Mid-West
common.
Midwest
Oil
Midwest
Piping
Mid-West
Co
10
—
Supply—*.-
&
26(4
25%
—1-%
8% *
8%.
<
Refineries
••
■—
Missouri Public Service
Monarch Machine Tool
*
—
;
9(4
17%
,
——1-
Monogram Pictures common
Monroe Loan Society A
£
Apr
Parkersburg Rig & Reel—
Patchogue Plymouth Mills
1
2(4
*
28
Jan
6%
Jan
8(4
Jun
Peninsular
•
28%
Jan
36
Oct
50
30%
Nov
32%
Apr
5%
30,600
3(4
Jan
5%
65%
75
<
150
144
lit
325
1;
••
Jun
98
Dec
Jan
112
8
Jan
4%
Jan
>
400
-•
xl4%
%
:• -
'
—
Mountain
City Copper common
5c
Mountain
Producers—
Mountain
States
120
163
250
6%
Co
V
common-
& Tel
—>?$'?■
common
preferred
—
<
1%
534
:
100
•
2(4
**—*
100
Nov
V,-.
.
V
/
6
130
600
100
130
"
-
20
Jan
--
13%
13(4
600
6%
7(4
—
—
& Elec class
•
Penn
$6
Nov
July
Penn
21(4 May
Penn
4
Jun
1(4 May
Salt
Traffic
Penn Water
Corp
;
—
Hess
—1
common—
1%
preferred
National Candy Co
National
$3
;
16
1%
200
6,300
10
Jan
A «^an
-'
25
May
35
Nov
18
Mar
50c
50
preferred
National Fuel Gas
National
1%
•
35
12
'12%
35
50
Phila Electric
Phillips
Mar
Packing
Phoenix
Securities
& Light
Power
$6 pfd
National Refining common
National Rubber Machinery—
_*
•
Steel
National
Gold
132%
Nov
Pitney-Bowes
15(4
Jun
Pitts Bess
14(4 Mar
5%
National Transit
National
National
For
Tunnel
Union
Mines
—
Radio—
footnotes
see
page
64%
650
647/b
130
325
~7
"7
200
(4
Jan
Apr
69% Mar
t;
25
9%
9%
—.
300
:
~6%
22%
23%
15
itiM
—Zl
12(4
Inc
—
Jun
51(4
Jan
69
Jan
125
104
Jan
4
Jan
5
Jan
15(4
2
28"%
Sugar
Sep'
Powdrell
Jun
Power Corp
Nov
&
„
50
2.300
8(4
Jan
13 %
2%
4,300
8%
■1,800
Sep
Jan
2(4
Jan
7% Jun
Jan
42 '/a
Jun
60
56
1,580
47%
Jan
65% July
10%
Jan
14% Jun
84%
Jan
2%
Jan
8%
Prentice-Hall
Sep
—
11%
200
11%
101
98
3%
—
1,700
100
3%
Jan
]2% Mar
"2%
10%
2,700
i7b
Jan
11
2
2
10%
5
4.000
3%
Feb
.
6%
900
27%
50
6%
—
Inc
27%
——,
40
1
"n
'U
1
%
Jan
12
Apr
Producers
Sep
Prosperity Co class B
of
Metals
4%
Corp
America
102
July
of Nevada
Gas
Public Service
11%
200
3(4
Jan
12
Dec
6%
1st
11
200
6%
Jan
13
May
7%
13(4
10%
Nov
12%
19%
400
9(4
Jan
21
7
Jan
Nov
Common
Apr
$5 prior
7
x9
Jan
30% July
%
Jan
1^5 Sep
3%
Jan
Jan
Jan
13(4
Apr
Nov
2%
Feb
% Jan
4%
Apr
Puget Sound Pulp & Timber..
Pyle-National Co common
Pyrene Manufacturing
•
5
10
Aug
^ Jan
100
4
Mar
8(4 July
100
7
Jun
Apr
109
Dec
Apr
115
Nov
'%
:■
.:
3,500
100
—.100
10
43
8
8
—,—•
Jun
109
•
—-——
Apr,
8
3*2
8
....—
preferred
Sep
Dec
7% July
% May
Puget Sound Power & Light-
May
.
2% Nov
Jan
34
600
6%
6(4
——1
...——*
preferred—.—
8(4
15
11
104
1
1st preferred
100
Jun
Dec
of Colorado—
11%
4(4
4%
Dec
Pressed
Oct
98
14%; Nov
19
16,800
common
8(4
11,200
Jun
1(4
6
5
Pratt & Lambert Co__-
11%
4(4
July
9(4 Jun
July
,15%
—10
,.25c
Premier Gold Mining——
11%
3%:
9% July
34
30
.7.50
5
35V. Nov
19%
4(4
Feb
Jan
7%
60
;»
—25
—1
Alexander——
July
1%
Sep
34% Sep
7% Oct
Jan '
of Canada—
54
11
July
July
8%
'
common—
13%
11%
3
4%
60ft
—50
-10
common^*—
13 %
Jan
Sep
July
38
8(4
—.
common——
Scale
Dec
87%
173
1,500
2
2
Meter
MetallurgicalPlate Glass.—
Feb
10
100
Jan
74%
150
31%
23%
IIIIl
Pittsburgh & Lake Erie
Pittsburgh
10%
5,400
Sep
Jan
Jan
10%
44%
101(4 101(4
1(4 Apr
105
76
21%
f;:
6%
E RR
500
•
30c
373.
Nov
2%
„
Ltd-
Postage
& L
400
12.50
&
50
128
128
«
pfd—..
common—
Mines
12%
<2% Mar
Sugar Refining——
Tea 5(4% -preferred
—10
National
Ltd——
Nov
41
"
11%
*
Car
350
93
HZZi
-
common—
11
...
National
95%
162% 162%
.:/
Co—
Governor
Providence
National
68
Jan
100
1,340
»
Power
52
_•
Mfg & Stores common
"r
;
64%
Co—
51%
(4
96% 100%
95 %t
Hioo
Polaris Mining Co„._——
•
—
-
—
Philadelphia Co common—
Pioneer
Jan
Co
Sep
23%
33(4 July
Pierce
25
*
;
City Lines common—
convertible
1%
.*. ~i Z-":
Jan
; ,
Pneumatic
15(4
—
Bellas
Sep
44
•
Potrero
Breweries common——-—
9%
/ 27%
-2.50
Power Co-
Pharis Tire & Rubber—
Apr
Dec
Co
&
Mfg
Perfect Circle
Plough
Nachman
/
■■
100%
50
—
Jun
Aug
4(4 Jan
Co
Nov
6%
10(4
Mfg
Pepperell
20".
.57
*
com
8
(v*-
Jan
A
180
N
National
5
65
!/^:
Light $7 preferred—
preferred.—
Pittsburgh
Pleasant Valley Wine Co——.
National
~i%
1
&
Power
4% Jan
13|% Jan
112% Jan
—
—
Penn Gas
*2%
400
7(4
33%
33%
25
g,
400
17%
16%
-
Jan
9,
--
4;r
"l%
3,100
19
19
A—
Pennsylvania Edison Co $5 series pfd_*
$2.80 series preferred
•
13(4
-•
Jan
15(4 Nov
.
1(4
preferred
common
Pennroad Corp common
13
Apr
2ft(4
50
.
Murray Ohio Mfg Co—
Muskegon Piston Ring
Muskogee
4
Dec
—
,vl%
10 >
Power
Mountain States Tel
29
:
-
1% Mar
v\
29
—
8%
5% Jan
'
V $1.40
Telephone
Aug
Jan
4,500
3%
—
.
.
•
59(4 Mar
600
,.—10'.A;--— '-'■'V.f'"£&■': -•
173 v
: 172'4 173
Montreal Light Heat & Power—-—.—*
- -18 %
16.(4- -18(4
•
Nov
500
17%
3 .,y
..
—
Moody Investors partic pfd;
Mtge Bank of Col Am shs—
Mar
100%
,,10
90
Apr.
2% July
2(4 Sep
Apr
49 "
<>30
14(4
9%£
17(4
3%
—,—v,-'
Ward A
19
Jan
Jan
ft 300
56 (4
98
14
Dakota Utilities
Montana
Montgomery
July
35(4
700
14(4
9%
•
100.
10
——
July
Dec
5,(4
—
15,100
8
V
Jan
—^
2.50 >
1
Corp
8
1%
500
109(4 109%
-r_
•
common
Mock Jud Voehringer common
Molybaenum
A,-98 ' o"
100
Mississippi River Power 6% pfd
~8% ~8%
~8%
1
*
7 22- '
55%
97%
56.
Co—
Corp_
100
8%>
-
21
15% Jan
•
common—,
Motors
575
..
•
; 17 4
2(4 ,i 2%
-
11S.
Mining Corp of Canada—.
•
Minnesota Mining & Mfg
Minnesota Pwr & Light 7% pfd—100
1%
-
17.
—
—1
—
'200
20(4
26 %>
20
—
—•
——
———J—50
Abrasive.
.
.
-
$2 non-cum dividend shares.,
Midvale Co
Paramount
Parker Pen
'
f
12
11%
12%
98%
95%
99
1
—
—
—
.
26,400
8(4 Nov
12
600
92% Nov
120
—
(4
7%
I
rH y-*
11
8% Mar
100
Jan
13%
8(4
Jan
15
7(4 Feb
Sep
Aug
Apr
Jun
9% May
Monday, January 24, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
372
EXCHANGE
NEW YORK CURB
Sale Price
Curb Exchange
York
New
Range
East
Ended Jan. 21
Week
Sale®
Shares
for Week
Week's
of Prices
-
.^ZZZ..-
High
Low
Par
6%
Quebec
.100
preferred
Power Co
io'/e
10%
Jan
92
Feb
156
Feb
July
13
July
13
100
Sun
Drug Co—
Ray
Swan Finch
11%
Sep
20%
200
12%
Jan
21%
Jun
17%
17Va
18
Z
1,000
13%
Jan
20%
Jun
13%
13%
13%-
50
Jan
13%
Oct
Jan
77/a
43
52Va
Oct
15
Sep
12% Mar
•
15
Cement class B com
Oil Corp
superior Fort
Sep
20%
50
preferred
Sunray Oil 5 % % conv
Jan
20%
*
*
1
Co
Machinery
Sullivan
Mar
70
146
70
73 %
73 %
Quaker Oats common.
(S)
High
1% July
%
11%
50c
Stakely Foods Inc common
Stroock
Low
High
Low
5
Corp
(Hugo)
8t(nnes
Range for Year 1943
Shares
of Prices
Sale Price
"vPar
•
High
Low
Sales
for Week
Range
Last
Curb Exchange
Week Ended Jan. 21
York
New
Year 1043
Range for
Week's
Friday
STOCKS
Friday
STOCKS
:0% July
8% Mar
R
Radio-Keith-Orpheum option
Railway & Light Securities
warrant*.
•13%
%
*0
Utility Investment A——I
Rath Packing Co. common.
.—10
Raymond Concrete Pile common—.—
ft
Jan
2V« Jun
150
7%
Jan
14% July
13%
%
•
common
Voting
31,800
1%;
1%
1%
.
Raytheon
Red Bank Oil Co
Engineering
Electric &
Republic Aviation
Reliance
Dry
Stix
Rice
23
12 ";;•■
3%
13 %
13%
Richmond Radiator
Rio Grande Valley Gas
1
c——1
Ryan
Land Co
Va Jan
"
13%
2%
Dec
5% May
Jan
10% Dec
7
1,100
Co common
300
ft
91%
Security Trust Co
7/a Apr
Jan
80
Product, Exports
Tobacco
*
1
"2%
Jan
.
2%
.
5%
17%
17
"3%
"4%
"1%
7
Jan
22
Jan
17
Apr
Todd
Jan
12
Nov.
Jan
Jan
1%
Mar
4
Jan
18% July
Z, 49%
Feb
85
3Vt Jan
■
5% Mar
3%
Jan
ZZZ 614 Mar
Inc..
July
5%
Jan
Nov
3
Jan
Jun
67
11 Va Aug
May
109
108
Jun
Z"
"u
116
Oct
1
Feb
Jan
4% Dec
1,100
4,700
18%
18 Va
109 Va
1%
1,400
f
i
20%
6 % Jan
500
%
Jan
3a
Dec
1% July
:
7% July
Dec
9
■v.
16%'16%
16% Z ;
6 Va
NoV
'
"7/a
Z'
%
Mar
Mar
Jan
40
r
4%.
14
4 V4
18%
102
107'
—•
—.1
1
preferred..
convertible
59%
59%
59%
...
Tung-Sol Lamp Works
80c
'62
Feb
53
60
Sep
2V4 Jun
Jan
'Jan
2%
600
4%
4%
108
10
i
warrants...
;
Tubize Rayon Corp new—
2% May
ft Jan
400
Corp
Lux
Trunz
Dec
.
.
Mining of Nevada
Tri-Continental
8V2
Jan
%
43
20
1%
"4%
•
100
100
1
1
Transwestern Oil Co
Nov
8
■v.. v:
preferred
Tonopah
Trans
Dec
22;. Apr
2%
'
5,900
60
*
Shipyards Corp
Edison 6% preferred
7%
•ZZZ 5% July.
16% NOV
4%
300
6,800
*
«„
Toledo
16
>
100
'
dep
2%
Z''z;^
*
1
Dec
July
Va Apr
6%
dep recs def reg—
f2%
300
Z.'.''
67/a
1%
6%
"
Ltd—
rets ord regis..
Amer
7%
13
-
-5,900
18%
17
Jan
17%
Nov
108
■
500 "Z
-
6%
3%
100
1%
•
.....
Amer
%:•"••
115 Va
Mar
50
500
60
Tobacco
102
Jun
15% July
Jan
6%
Z 20
6%
20
Allied. Stocks
Tobacco &
Nov
4% July
1%
Realty & Construction
Tishman
6%
114% 115%
1
...1
Inc
Roofing
Tilo
5%
26 Va July
17% Mar
600
4,600
'■
Apr
1%
% Nov
Jan
;Z
100
z.'
3Va
Thew Shovtl
13
100
2
5
pfd.,.
7%
24%
-13%
23 Va
13 %
29 % July
Jan
ZjV:Z■
1
•
—--1*
Aeronautical Co
Consolidated Petroleum
Ryerson & Haynes common
Ryan
& Light
Oil &
Jan
•
Rochester Gas
y8
Power
Texon
3% Oct
10 V4
Roeser &
is
Texas
800
'Z-
& Elec 6% pfd D——100
Pendleton Inc..
—*
Rome Cable Corp common
5
Roosevelt Field Inc
5
Root Petroleum Co..
——
$1.20 convertible preferred
—20
Royal Typewriter.————
*
Royalite Oil Co Ltd—.
—
Ruaseks Fifth Ave
—
Mar
Tampa Electric Co common
Technicolor Inc common
'
21 Va
%
105% 106
106
51
14% July
•ZZ
3Va
3
Co v t
■•
13%
z
Va
warrants
Richfield Oil Corp.
Nov
Jan
2%
50
Z
3%
Mar
4,500
12 lA
3%
w
19
30,500
4,900
ZZ 200
2%
2
23
*
Goods
Z-
2%
.1.
Z
38% Dec
Jan
46 V4
400
;
•
_
27%
Dec
13 V«
3% Mar
1
•
Taggart Corp common
38%
.
■
•»
20%
26%
*1$
*
5
1
—
Roller Bit Co
Reed
16%
15%
;
preferred
•
Manufacturing common__50o
convertible
$3
% Mar
v*. Jan
'.;.
Z. 900
■
Railway &
2,100
14%
Dec
17% Dec
6Va
10,300
1%
Jan
5% May
11%
400
6%
Jan
6
11
• :
—
—
•
11%
Oct
U
2%
1% Apr
8t
6t
1—•
Ltd—
Lawrence Corp
Class A $2 conv
Oil Co
:—
United Corp common.
Sanford Mills—
——
Savoy Oil Co——.
.
Salt
Dome
Samson
common
Co
Schiff
common
preferred
Scovill Manufacturing
Scranton Electric $6 preferred—.
Schulte (DA)
Convertible
Z
2
Apr
*
Z % Jan
16% July
16%
800
12 y4
Jan
2%
12,900
%
Jan
50%
52%
650
22 Va
Jan
16'/a
Aug
36
3% July
"-1%
2
52%
25
200
2
'
:
Oct
2%
Jan
24%
75
34
33%
Dec
1
11%
Jan
ft Jan
700
2'/4.: 2%
2%
34
Dec
2Va
55% Dec
July
Va
25'/a Jan
1,300
29
I;
32
17% Jan
28
29
25
•
Lace common
—•
Spring Brook Water Service-
Scranton
9%
9%
9%
V
148
Jan
'
2'/a
Z
6,100
Dec
4%
.1% Jan
115
125
146
146
146
12.000
4%
4%
4%
5
.—100
1
—1
«*
5
*
1
preferred
16% July
Z 12 V4 Dec
50
pief——L
Regis Paper common
7%
Sep
',
29% Nov
SB
common
Steel Co
Scullln
Bros Inc
Seeman
———1
—*
General..
Securities Corp
...
——.1
•
Z—•
common.
1
Co.———
Shoe
Selby
$5.50
prior stock.
Sentry Safety
"1
fiy
Shawinig'in Water
2,500
69%
%
3V4
Co
common.
Simmons-Boardman Publications—
$3 convertible preferred
2%
11%
Dec
95%
6oo
83
Jan
114% 115%
60
Solar
Corp
Sonotone
12%
ZS":'' z
•
3Vs
111
175% Jan
;z 3
:
Z;—»z/;,'4 V. z
.
2%-
2%
lVa
2%
43%
'Z 43
10
10
5
Phosphate Co
Line
Southland Royalty Co
Spalding (AG) & Bros
1st preferred
Spanish & General Corp—
Amer dep rets crd bearer......
Amer dep rets ord regis
1
„•
5%. July
Z 3.700
2Va
Jan
.4% May
Jan
Jun
600
^/a
Nov
30
30 y2
•
30%
,
32
Jan
-
33
Aug
Feb
32
Sep
20
10
100
1
(Ky)
(Ohio)—5% pfd
•
•
1
1
Preferred
Products Co
Standard Sliver Lead
NOV
72
90
63
Aug
10
115
Mar
129
5%
6
6
6%
6%
Jan
3,400
1%
9%
Jan
900
10
Jan
6%
7%
4%
6%'
7%
18%
19
16
50
17%
17%
1,400
110%
100
%
% May
Jan
5% July
Jan
2%
Jan
1
Jan
6% May
19%
Jan
Stein
56
8%
-17%
Oct
12%
Jan
18%
Jan
ft May
ft May
16%
Jan
64
6%
Nov
11% July
ft
Feb
is May
200
1%
1%
500
1
1
1%
1%
800
& Co
Sterling Brewers Inc..
Sterling
Stetson
i
—
~~~1
.III~*
5%
Co
common
For footnotes see
page
373.
5%
5 Va
400
Jan
2%
Jan
Feb
35
1%
Jun
56% Aug
13%
5%
44
S
and
U S
$5
U
S
United Stores common..
Wall Paper.
United
Universal Consolidated Oil
Universal Cooler class A
.
3%
1%
*8%'
8%
.
Va July
2%
Jan
1%
jr'
ft
2%
r7 %
2
2%
Jun
Jan
37/a
Jun
Dec
2%
Feb
tV Jan
Jan
3
Apr
Dec
13
Apr
4%
1,300
Feb
7%
1
200
Feb
2% May
Jun
July
19
21%
21%
21%
;•
1%
;
19% Nov-
15% Aug
50
9,700
14%
42%
'
;
19%
Oct
Jan
21
Oct
Feb
2
3
May
Sep
Jan
2
500
%
200
1%
Jan
68% July
45/a
Jun
2 % May
.
75%
1%
1%
31%
400
9%
Jan
49
75
75.;:,
_
Aug
3,300
2,700
<
4%
4%
•
■;
59 %
57
4%
,
3 Va
2%
;
58
Jan
22
16
700
19%
18%
Z-
% Aug
15
19
18%
2%
Aug
1% May
Jan
1%
2,600
,
8% July
11
80 Va
1%
200
19%
•
6
400
~7
"2%..
,
Jan
400
1,800
1
Valspar Corp common
convertide preferred
Venezuelan Petroleum..
$4
Virginia Public
Vogt
30%
31
5
9
9%
Service' 7% pfd_„ I-100
76
Sep
7%
_.
Jan
12
Jan
12 Va May
1%
Jan
' 1 Va
200
8%
375
H Jan
2%
Jan
4%
Oct
Nov
1% May
10%
Dec
Dec
Jan
10
July
class A_—
Sep
~Z
6%
5%.
Maryland Ry 7% 1st pfd__100
Stationery com
•
Westmoreland Coal
20
Westmoreland Inc
10
Weyenberg Shoe Mfg
1
Wichita River Oil Corp.......
10
Williams (R C) & Co
•
'
Western Tablet &
800
__
__
Oil-O-Matic
Williams
Willsoa
Products
American
6%
deposit
receipts
Preferred
Wright
Hargreaves Ltd...
Nov
4
Jan
6%
Apr
5%
Jan
Apr
67
21
23
13
Jan
Jan
July
Feb
5%
Jan
5%
__
__
.
Jan
7% Mar
_Z
11% July
18
Dec
95
May
19
Sep
26
May
15%
Sep
97/a
Jun
9%
Oct
97/a July
,
.1
1%
10%
10%
25
pfd__100
10
-
—
3%
1
12% July
Jun
T
4%
Jan
8% July
*
5
__
2{g
.
2%
■
3Vs
Sep
Nov
6% "Jan
Rs
£i
110
3 %
4
100
314
„
4% Mar
Jan
.
__
3%
Jan
9
108
f
Woodley Petroleum
—
Woolworth (F W) Ltd-
Oct
110%
14%
Heating.—Z.
Inc
4%
Jan
150
__
23
Dec
Jan
98%
400
105%*
103%
July
ft May
9
14,400
8%
105%
Western
Jan
2 Va
15
2%
'
6%
8'%
15% July
IV Va
100
J'
8%
Feb
-ft Jan
1,600
4
4
Apr
% Apr
•;
••
4
5% Mar
10% July
97% Nov
7%
\ '•
%
A
Feb
86%
"
—
—
__
Dec
5%
300
8%
8%
—
preferred
Portland Cement.
1,000
113
2%
Power & Light 7%
6%
July
Jan
44
12
W
•
Aircraft Co
Wolverine
25
1% July
32
Jan
Manufacturing
Wisconsin
100
Jan
Jan
4%
550
122
116
120
%
18
520
Winnipeg Elec common B
3%
3%
—*
4
10
;
.1"
stock
priority
Oct
*9%
-
~2%
July
100
'
■'•
Sep
Z 47
Jan
1%
Dec
Sep
80%
-
6%
73 %
Jan
Jan
2%
"
Feb
2%
Jun
Aug
% Jun
42%
7 Va
«T(f
50c
....—2
;
10
Pictures
$5.50
4%
:
63
Z %
60
1%
—
Jan
Oct
July
July
260
Feb.
A
200
,
3
Insurance.
Oct
7%
9 Va
cZ
8
common——1
Voting trust ctfs
......
1
Universal Produces Co
•
Utah-Idaho Sugar
9
Utah Power & Light $7 preferred
*
Utah Radio Products
1
Utility Equities common
10c.
Universal
93
400
9%
1Z Z. Z
78%
80
B
Class
Feb
80
3 Va
1
1
•
Reclaiming
Rubber
39
1,000
6
Z',V 9% i
preferred with warrants
1st
U S Radiator common
61%
Feb Zj
Jum
%
Jan
2,100
5%
.
5%
5%;
class B
Graphite common...
U S Foil Co
Sep
43%
43 %
'
Inc
/J B)
July
9
common
5% Z
—1
1
9
International Securities:
•
United Specialties common
U
5%
360
-'Z
44
43%
Z
44
2,050
71%
13 May
li May-
.
Jan
zft- ;"% ■;.Z.v 400
7i 'Z
.71 % Z
23
Preferred:
•
2% May
Dec
ft Jan
54
•
ZZZZZ
l
6% 1st preferred.
ZZ
r
'ra
5% 2d preferred
Z_ZZZ~
20
Sterling Aluminum Products*"'
~ i
Oct
200
1,900
1%
(A)
Oct
114
Jan
110
8%
8
—ZZZ;
•
July
123
Z-<'
%
250
Canal Co..
..100
United Profit Sharing
......—25c
10% preferred
....—.10
United Shoe Machinery common
25
United N J RR &
Sep
56 %
54;
1
Sterchi Bros Stores
Oct
July
3
Jan
Jan
i
Steel Co of Canada
Sep
May
13
200
%
—
May
4% Jun
3% Mar
voting trust ctfs ext..*
100
•
Class B
*
Walker Mining Co.
1
Wayne Knitting Mills..
3 ' Wentworth Manufacturing
1.25
West Texas Utility $6 preferred
*
West Va Coal & Coke
9
Western Air Lines Inc..
1
Western Grocer Co
;__20 :
Jan
1%- Jan
109
Z-
y;
—
16
21%
yZ'
4,700 ;
Z 29%
;Z
Waitt & Bond
Va
'
17%
——*
preferred,. I—mi*
.
Jan
ZZ'Z :"*::
Wagner Baking
1
12%
550
16
62'/4
Jan
-
'
"ft May
•
Jan
115
.'Zz.; ft
May'
<—
Jan
2,800
2,100
■ZZ' 100
ft
Z 60%
61
V
Jun
Jan
2%
5,300
ft
•
.
%
.
Jan
Dec
1%
.
3/4 Jan
1,350
ft!
•
ZyZ; %
%
.
«
Dec
2%
1,300
1
Waco
Apr
■}
,
t
Sep
%
3%
2,200
t
ZPZ
10,800
2%Z
%
•'.
ft
Z 10
—
United Molasses Ca LtdAmer dep rets ord regis
7%
%
1
Z,.;z
;■ ■
■<
.■■■■
16,200
.
Z-v'Z
118% 120
ft
Z'Z.
•
Jan
550
60
Jan Z
33,600
Va
.
z
Z' 2 Va
2%
Dec
40
23
50
41
40
■Z-;*
'
July
12
%
40
3
6% July
Apr
7%
9%
B
class
Nov
130
(The) Corp voting trust ctfs
Tube
2
*
Starrett
May
Jan
%
130
9%
ZZ
---
-120
Sep
Nov
28%
1,200
—
Ja
'•'•V-Z
Z
14% May
17
July
Jan
Jan
Z 12
57 Va
88%-
84
:
6 Va
-
>r
1 Va
.
July
ZZ 3
...
July
3
Jun
44%
29%
200
3:
88
f-
1%
.
;
1,600
Z 300
7% July
Jun
Dec
37% Jan
72
1
Standard Power & Light
Common class B
Standard
4% July
49 '/a
70
70%
130
10
Standard Dredging Corp common
$1.60 convertible preferred
Standard
6
'
'
ft
•
•
2.78
1
Standard Cap & Seal common
Convertible preferred
Oil
31%
31%
31%
,
Standard Brewing Co.—
Standard Oil
Dec
4% July
%
Spencer Shoe Corp
Stahl-Meyer
Inc
Standard
109
Jan
28
25
Pipe
Jan
Mar
Jan
800
participating
$3
1%
•Zi
United Milk Products
Universal
Apr
40
43%
preferred B
25
5 % %
preferred series C
—25
Southern Colorado Power class A—25
7% preferred
100
Southern New England Telephone..100
Southern
2% Aug
241
2%
'
6%
Southern
Nov
28
2
Southern
5%
Oct
15
Dec
96
10
200..
7,500
5%
.
10
Pa Pipe Line
California Edison—
original preferred.
Southwest
13% July
•1%
4%
4%
:I£
ZZ.
•
—
:
preferred
1st
'
'■
5
3.
200
Z
111
.3
111
Z:
J
'
;
Option warrants
<1
United Light & Power common
Common class B
•'
.161/4" i:
16
:;•
Dec
4%
Z
Jan
5
8%
8%
8%
16%
V
3% May
Jan
Dec
•
\»;>
•
ZZ
preferred non-voting.
$7
1st
li-wz
—w
1%
-Z- 2%
7,700
:-Z 3% May
Jan
2
r
2.100
5%
■
Z
2%
Zy. 4%
...
United Gas Corp common
Jun
;100; July
119% Jun
Jan
1
180
275
3'/a
1
25
South Coast Corp
26;
21% May
ZK v;.:;.; 100 Z
26
255
270
1
Manufacturing common
common
South Penn Oil
Soss
Dec
Apr
4
16%
10% Mar
£1
100
1
—1
1
Aircraft Co
Manufacturing Co
Solar
111% Apr
Jun
8% July
Jan
800
94
114%
*
Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec 7% pfd
Singer
% May
Jan
1.000
July
4%
Sep
2%
94 Va
May
; 73
•
1
100
Simplicity Pattern common.—_—
72% July
5
100
—*'
•
Silex
10
12%
2%,.
25
100
Sherwin-Williams of
1% May
Jan
12%
& Power:
Canada
7%
7%
May
17
ft Jan
-
100
Jun
Jan
52% Jaji
1,400
ft;
3%
3%
l% July
9 Va
% Jan
,
3
51%
:
50
^
—
Sherwin-Williams common..
5% cum pfd series AAA
r
250
July
46
Z
Jan
4Va
<
1,000
70
69%
Jan
United Elastic Corp
2%
5%
Zz
warrants
Corp
United
3,600
3 Va
W' 3
2%
10c
Corp
10
Unexcelled Manufacturing Co.
•
Union Gas of Canada
*
Union Investment common....
United Aircraft Products
—*
United Chemicals common.—.
•
$3 cum & participating pfd.
I—IIIon
United Cigar-Whelan Stores..
%
$5 preferred
$6
Z 13% Mar
7Va
68%
1
Seton Leather common..—.
•
Shattuck Denn Mining.———„—5
x3% Dec
%
800
•
I'lVa:?
>
7%
7%
69
—1
Control
7%
Jan
3,600
z.;
70% Dec
16% July
29% Feb
ZZ: 100
1V8
:>7
Allotment certificates..
Serrick Corp class B
800
40%
Jan
<44' " Apr
280
10%
1 •/*,■
7%.
5
..25
;—
70
40%
1
Segal Lock & Hardware.
Seiberling Rubber common....—
Selected Industries Inc
Convertible stock..
67
10
*4
68
*
•
preferred
7'/a
1
Scranton
Udylite Corp
Ulen
Realization
Va
3
r
6,500
Aug
2
Jan
Nov
10
Jun
5
Aug
4
Apr
Volume 159
THE
Number 4249
COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
bonds
:■%
>>>■">
Exchange
Week Ended Jan, 21
York
New
>■
Curb
Period
:
Last
or
BONDS
Bonds
Range for
Sold
Friday's
yearJ943
Sale Price Bid & Asked,'
High
Low
v
Low
No.
■
New
2%s
3%s
8
J-J
Writing Papey 6s_
.1961
Appalachian Elec Pow 3%6——1970Appalachian Pow deb 68——2024
& Lt 5s
Pr
10
8§ %
,25
106%
109
19
105%
84'A
169
'463/8
§ Associated Gas & Eleo Co—.
>.A Conv
AConV
deb
»■.
J-J
24%
24
24'A
23:
13%
24'A
24%
24%
52
13%
A Conv
86%
12%
10
24'/a
20
M-S
J-0
$102
5s
& Sons <B. P.)—
,
•
without., warrants—-—w—1947
Public
Service
High
,87%
87%
$104
108%
106
108% 108%
105% 106
F-A
^109
108% 109%
F-A'
5s
.
—1979
5'As
110
107
107'/4
111%
'■'
2,';;
Y-':
;'
101%
40 "
"
6
105%
39
102%: 107
105
'106% 106%
$106
108
F-A
103
30%
106
106
115%
115
M-S
„
106% .109 :
■100%
$106%' 107%
J-J
.1962
107
11
"
91
108
,
105
'15
•
103
106
J-D
1972
Philadelphia Rapid Transit 6s
99% 101%
Elec! Power
40
M-N
'•. V3%S. .———.—-,-—-^.—-1970.
Philadelphia
40
M-N
:
...
J-J
->-1964
—1977
High
115%
54%
27
103% 104
5s———.1955
17
,;V "13-',
104% 104%
Light
Low
103% 108%
104
A-0
Pennsylvania Water & -Power 3V4S-1964:
92%
:
88%
103
".1st
109'A
No.
"V;'"V
106
A-O
Power
Range for
'/year 1943
,
,115%
A-°
4s————.1962
,
.
$115%
M-N
3s—.——.1971
Sold
105% 105%
105%,
■V"
J-J
•
Bonds
,
F-A
26
26
72%
$106% 108%
,/ Avery;
1S48
Park Lexington 1st mtge 3s__
Penn Central Lt & Pwr 4'As
106%
88
M-S
Atlantio
1964
J-J
'
14
104
Assoc T, & T deb 5%s A—————1955
City Elec 3'As——
J-J
1954
'
F-A.
5 % s—-1977
deb
24%
24%: 24%
24'A
24%
Friday's
Pacific
26
A-0
mtge
.
Ohio
26
F-A
ADobenture .58 —————1968
,
or
Oklahoma Nat Gas 3%s B—Aug 1955.
Oklahoma Power & Water 5s-—.—.1948
26
AConv deb 5s_——--_—_1950
,
1st
,
80%
14%
24%
$24
Hf-9
4%s
w—1948
4%s—..1949
deb
Week's Range
Last
Sale Price Bid & Asked
127%
83
84
Ltg 4s——2004
5s~_
North Continental Utility 5]/2S
109
124
$125% 127
105
105%
105%
J-J
Period
Ogden Gas 1st 5s.—-J——.U.--1945
Ohio Power 1st mtge 3'As——1968
100
1081/8
108
A-0
-1953
Arkansas
Debenture
"
J-D
J-J
.——1956
Associated Elec 4%s
,
99%
99%
J-J
Amer
58
103% 104
Interest
Low
105
108%
107% 111
96
106%
$106% 107
103'/a
M-S
Friday
exchange
High
103% 104%
$108% 109%
J-J
f decs
Amer Pow & Lt deb .6s._———2016
6
104% 104%
104%
J-J
f debs———1960
1970
s
3%s
Curb
N Y & Westchester
debs__————1950
f
S
York
Week Ended Jan. 21
American Gas & Electric Co.—
*
EXCHANGE
Week's Range
Friday
Interest
373
108%
109'A
105% 110%
111
115%
$106% 107
''.
.
—
117
105
—,
108
Portland Gas & Coke Co—
'
Bell Telephone
-
1st
5s
A5s
of Canada—
J-D
5s series B——-——1957
M
series
Q-F
6s————1998
BIckford's Inc 6%s————,—1963
,
2%s———
Edison
NorthernPower
Canada
Central
111
A Central States Electric
A5%8
Central States P & L
101% 102
11
100 %
100
105% 105%
38%
37%
21
85%
105%
151
13
13
46
"8
100
38%
M-S
39%
J-D
102%
1955
A-0
5s——Jan 1966
M-S
Cities Service
Registered
Conv
deb
Debenture
Debenture
———.
;
5V2S
144
77%
■
,
6%
M-S
..1964
Shawinigan Water & Pwr 4%s—.
.1967
3i6
84%
83%
98'A
5sr—^.—1969
11
84%
Joaquin Lt & Pwr 6s B—. .1952
A Schulte
99 V4
20
99
Real
100'/*
6s——.. .1951
4%s
•1st
:
M-N
$117% 120
y
California
101%
Southf.rn
California
86
101%
Southern
Counties' Gas
117
.•20%
1
$70
•:
•
J-D
106% 106% ~
2
104
J-J
102% 102%
A-0
122
122
100
102%
U-N
——
.-10
J-D
$92
M-S
'
Electric
,
Power
94%
•
F-A
102'/a
Lt & RR 5s-———1956
M-S
■-
6s-5s
109
Z Gatineau
A-0
J-J
104% 104%
1
J-J
105% 105'%
1
103%
47
102%
105%
105%
109%
103
106%
General Rayon
M-S
AGobel
(Adolf) 4'/as
series* A—-1941
1950
stpd.—
-1950
-Mountain* Pow -33A——1963 -
104%
84%
84%
85
18
87
86%
88
77 '
64
L. 8s>_i___
-
99%
Guantanamo
J-J
104%
Debenture
,
3Ws—————1966
A—-——Jan 1949
"5_
6s
'
gold debentures..
& Light
Stinnes
•
International Power Sec—
\
A6%8* series C————1955
A6%s (Dec I 1941 coup)——1955
,
-E—.————1957
A7s (Aug 1941 coupon)——1957
A7s series F—————1952
A7s (July 1941 coupon)——i.1952
Interstate Power 5s
.—1957
Debenture .Rs——-i—1952
Altallan Superpower 6s
—-—1963
A7s
102
38
-
*
■
90'/a
:
91
'
>
: ■>;'
104%
104
J-J
A-O
-1946
&
Light: 5s
66
Electric
series
6s
.
J-D
N
J
-.1949
4s—.—
& Power
A
—————
■
"
V.-''
.96%
80
26%
27%
24%
27%
24%
89
89
,
J-J
"63%
65%
J-J
29
:
■
2
■
90
65%
M-S
J-D
M-S
28
>
$104
■—_
A Income 6s series
.
(
:
13
11
114% 117%
96
112%
25%
M-S
24%
25%
118
$109% 110%
•116
—
116
116
$87
30%
110%:
102%
110 Vi
110
,
$100% 101
:•
F-A
4%
118%
85%
90
63%
100'/a
84
J-D
•—
97
97%
13
75
J-D
97
97
97%
18
73%
•
100
100
Foreigg Governments & Municipalities
67
16'A
7
107
110
bonds
106% 108
122
$111
44%
113
»
121
113
New York
123
111
1
Week
Curb
> ■■>>
■:
.
Fxchange
Friday
■
Period
Week's Range
or Friday's
Last
Interest
Ended Jan. 21
•
Bonds
Sale Price Bid & Asked
Sold
'
J-J
J-J
107%
3-D
107
107%
$106
A-0
'
■
■
108%
.
13
104
Low
106% 1C8%
31
,
"
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1946
A 20-year 7s__„..-___-_—_ Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s—
——.—1948
107'/2, 109 Va
•104% 104%
110%
•
$99% 100
M-N
$110
J-J
86%
$102%' 103%
112
99%
107
Danish
5%s_—
Extended
112
A Lima
A-O
J-J
:-—
'i..- : ^' -$5i ' ■■■•
■».
—
;V'—■;
$5i
Range for
year 1943
High
52
54%
46
54%
23%
$67%
68 Va
F-A
1952
-;
Low
No.
M-N
.1953
$60
65.
42
60
20%
10
20
16%
J-J
6%3 stamped.1958
M-S
16%
20%
M-N
(Peru)
High
14%
44%
7s——1958
City
.
■.
J-D
1955
5s—
Danzig Port & Waterways—
A External 6%s stamped
100% 102%
17%
64%
11%
20%
20"
17%. 17%,
36
:
A-0
65
65%
10
64
49
AMaranho
108%
13
105%
109% 109'A
F-A
J-D
5:'
100% 100%
110
110
118
110
118
108
os
10
114
J-J
—
,112% 112%
75%: 77%:
M-S
76%
J-D
—'
75%
78
M-N
76%
75'A
77%
30
131
•
A Parana
A Rio
117%
$107
109%
79%
50%
105
35
32
.
32
'
36
24%
1931
.1972
'
37%
38
(State)
do Janeiro
7s————1958
M-8
6 %s——,—1
J-J
J-D
Government
6%s
1959
1919
-1921
'-17
J-J
:_-■/>•
34
4%
4%
17>
18
20%
60
J-D
J-D
60
45
60
$33 ■
■■
34
,
"
.
34%
34
,22'/a
1
17
35%
36
4
4%
5
2%
9%
'4
4'/*
20
2%
9%
,
79"
97
96 %
97
59"
76%
96%
99
98%
99
71
82%
98%
Nov 1949
J-D
102%
109
106
"112
•No par value,
a Deferred delivery sale,
d Ex-interest,
e Odd-lot sale.- n Under-the-rule sale,
x Ex-dividend,
y $8 liquidating dividend paid.
$Frlday's bid and asked prices; no sales being transacted during current week.
/
:
ABonds being traded flat.
.
Cash sale."
109
A-0
M-N
$33
A-0
-
'
79
50
J-D
101% 102%
$110
112
1927
A5%s———
114%
49%
r
M-lf
Oct
$33
M-N
'
110%
-
112
2
81
of
Mortgage Bank of Chile 6s_>'
Mortgage Bank of Denmark 5s
"
M-S
.16%
18*
18
J-D
102%
107
i
A Issue
A
ua -
•
stamped——.1951
Mortgage Bank of Bogota 7s
—1947
A Issue of May 1927——..————-
103% 107%
*;■
7s
37
$35
.
105% 109
7
104%
AMedellin
106%
2
'
M-N
109
103
;
/,
1964
Traction
Penn
94
1954
N Y State Elec & Gas 33As
109
104%;
33%
Service—r
A
115% 115%.
96%
108%
.
Public
108
108% 109%
-
Orleans
24
$108% 109%
ARussian
Debenture 5'As
5
103'/* 103 7/b
-35
36
:
,106%
122
104
New
i
%:
35%
74%
:
5
.
107% 108
:
122
J-J
England Power 3»As——
1961
New England Power Assn 5s—_„1948
97
112
35%
17%
61
'
.
29
Mississippi P & I*5S——1957
Mississippi River Pow 1st 5s->-—1951
New
110%
35
16%
19
'
21
107% 107%
1950
■
$107% 111
'
29
J-D
-j":
109%
65
38
17
16%
—w
108
-
103%
J-D
6s stamped extended to 1959—-! A York Rys Co 5s stpd——-——1937
A Stamped 5s
1947
96
109
18%
•5
■
105% 105%
u————-1948,
109%
116%
*96%
107%
■'
'107% 108%
103%
F-A
80%
105%
si" "
106
■
3
97%
110% 110%
J-O
'
M-S
5s_'„—
96%
A-O
4
28
J-D
deb
25
108%'
111
111% 112%
5s——1960
'
44
15
F-A
West
'yy.:>y,2
107%
105%
117%
M-N
—1952
Western Newspaper Union—
6s unstamped extended to 1959—
27
Minnesota P & U 4%S—--——1978
1st & ref 5s—-—.—1955
'■
13%
.
28
'
26%
Milwaukee Gas Light 4%s———1967
5s
32
J-D
110%
Conv
12%
A 5s income debs—
—1954
Wash Ry & Elec 4s_>——
—1951
Wash Water Power 3'As
——1964
102%
5s——1948
97%
A-O
103
106 %
Gas
107 :
A-O
West Penn Electric 5s__——2030
100%
El Assn 5s——1947
34%
C,o-r-.
(Delaware) .5 %s_JL952
107 >A
101% 101%
Amsterdam
88
23%
>
88%
64 Va
—-
>104
104
,108% 108%
.
J-D
104%
$109 % 109%
New Eng Gas &
35
88
65%
■
6
22'A
$116
104
J-J
——1968
99%
M-N
New
y
Waldorf-Astoria Hotel—
Mlg—
Suffolk Ltg 5s————1948
107
F-A
Utatt Power & Light Co-—
Debenture 6s series A————2022
102
M-S
Nassau &
89
65%
35
:
'
104% 105 Va
J-J
94'A
'
Nebraska Power 4'As-*—————1981;
6s series A__——————2022
88%
65%
102%
101
V
105
M-N
1956
—
--——2022
—
1st lien & cons 5%s—-.1959
111%
stamped—-——-———1948
-
65
26
,
United Light & Railways (Maine)—
Mengel Co conv 4%s
—,——1947
Metropolitan Edison ,4s E——1971
4s series G—1965
> Middle States Petrol. 6'As—r——lg43
Midland Valley RR— •
.>>•
Extended at 4% to.-—-———1963
•
19
24
'
27
22%
J-J
7
3
27%
J-J
•
35
$23
A-0
1966
5s—:
City Rapid .Transit 5'As—1952
United Light
104% 108%
22
26
.35
J-J
53
y
94%
J-D
86%
32 Va
.1950
,97%
91
44
1041/2
94
88%
86%
'
United Lt & Rys
93
107% 107%
94%
F-A
*
88 V«
deposit——
Toledo .Edison. 3%s
111
109"
P:t^
$102% 104
94
94%
M-N
88
86%
86%
106%
44
1
105'/* 105%
:
88
88%
86%
87%
Power ,5s—-———1979
Water
Twin
102%
F-A
6s
.
-105'/*
M-S
87%
■
F-A
78
"
"•
Electric 6s_——2022
Kansas Power & Light 3'As.
—1969
Kentucky Utilities 4s
——1970
Lake Superior Dist Pow 3'Aa—
1960
Louisiana Pow & Lt 5s——1957
McCord Radiator • 6s
J-D
87
'7a
■
F-A
98%
'
105% 106%
24 %
Kansas Gas &
.
106%
J-J
Jersey Cent Pow & Lt 3 'As——1965
Kansas Electric Power 3'/as——1966
,
A*0
108%
'96% 107%
100
108%
>3
103
.
•
75%
106%
6
86 Va
87'/«
.1957
;
.
Service
A—.:
series
6s
Tide
100%
57
1
K
>102
$101
F-A
series
,52%
11'
IO31/2 104
i.-
■
1957
6s
stamped—————,-1946
Electric
Texas Powex
105
.•
'93% 102%
—
V
■
$109% 111
U-N
Indianapolis P & L 3%s—-.——1970
•
(Hugo) Industries—
7-4s '2nd
——.
■
65%* 65%'
•
■
J-D
stamped—i—J—
Certificates of
98%
,97
—
j:.
"$99 —
>'» V
107% 107%
'A.—
F-A
-
'
/..is
(Hugo) Corp—
3d
7-4s
58
91%
>10
V
>■'
109%
103% 104
*■
-
AStarrett Corp hie 5s
107
51
J
102
A-O
B—.Jan 1949
-l:,
104% 107%
98%
A-0
Illinois Power & Light Corp—
■ ,
'
1st & ref -6s series A
1953
1st & ret 5s series C
——1956
1st & ref 5 %s series B
—1957
Indiana Hydro-Elec 5s———1958
Indiana Service 5s
—
1950
1st lien & ref 5s^
———1963
>-,>■;
108
$103% 105%
72% 75
A-0
.1951
—Deo 1 1966
8s—.—.—
6s
Standard Power
123% 124%
103
106%
>$108
'■
J-D
Hygrade Food 6s ser
6s series
"Debenture
103
2
101% 191%
JrJ
J-D
Houston Lt & Pwr
6
102
M-S
Grocery Store
.
108
;
99%
93%
87% 103%
85
$101% 102 y,
99
99%
,
Electric—
6s
79 "
105
97%
F-A
'
107
62
A-0
&
&
91%
101
94%
$103% 1041%
t.__.
-63
"
-•
,
J-D
Green
•
104% 105'/*
103%
P
79
12
98%
\
"M-S
J-D
Products—-——1945
& West 6s_———1958
104%
105%
M-N
y
(Calif)—•
82%
101"
.
Great Nor Power 5s
•
100%
103%
'
M-S
United
Grand Trunk West
7
-1989
u.
(stamped)
.—May 1948
Conv 6s stamped———May 1948
5
$58
$104% 104%
■
J-J
i
104% 105
;.y
.2022
Stinnes
M-S
J*D
Co. 6s ser A-—^il948,'
Glen
;
>«*>>
A-0
Georgia: Power & Light 5s——1978
Alden Coal 4s--—-T——i-1965,
■v
;
F-A
Texas
5s—iT——1953"
•
,
-1970
100
123'A 123%
105
J-D
Aj_j—^—.-41969
Power 3%s
General Pub flerv
•
CT---—-1966
97%
105'/*
.1957
F-A
Southwestern
123%
131%
.
-
-+*->—.—1961;
stamped
100%
J-J
Standard Gas
1031/0 105%
103%
Florida Power Co ,4s ser
70
3
'105% 105%
—
85%
-1951
101% 105%
■
102% 103
123%
M-S
M-N
Finland Residential Mtge Bank—
131
68
1
-1971
.121
160
y
94
.
93%
Empire * District El 58——T———1952
Federal Water Service 5'/as—L:—-.1954
Elmira Water
^
'
"
y
1st mtge 3s—:
Southern Indiana Rys 4s—
:.'
M-S
'A—1956:
& Light 5s^u-—2030
Eastern Gas & Fuel 4S ser
127%
/
■>v/
91
A-0
7
>
103% 104
334 s——————1955
74
91'
.
.1970
4
99% 100%
100%
F-A
Cuban Tobacco 5s——1944
Packing
99
108% 114
■
3'As
Gas
Spalding (A G) deb 5s_
Continental Gas & El 5s.———1958
Cudahy
>7'
„
.
.
i
i'.'y
109% 112%
110%
J-D
Gen mtge
79
y >7>
Southwestern Gas & Elec 3%s_^
110% 110%
156
.1947
—
3s->;_.1965
Edison
85
y>J'r-.
135%
>
.1970
D
series
Sheridan. Wyoming
Cop.1 6s—
South Carolina Power 5s
: 39
,
99%
109%" 109'/*
127
127
'
:d
•
J-D
.102 % 106%
'
157
1001/4 100%
M-S
24
'
Estate
Southern
100% 100%
99%
A-0
94
99%
100%
3
■
95.%
106% 110
14
■
/
'
A-0
99%
loo
112%
110%
77
140% 142
J-D
.1951
1
98%
112
110
,
5.
IO41/2 105 V8.
,
A-0
.1979
Safe Harbor Water 4%s—
Bcullin Steel Inc mtge 3s—
98%
4%s——i—.———1954
AConsolidated Textile 5s stmpd—1953
-
■:1 ■ 12
92%
': 106% 107% •
106%
J-D
San
99
Connecticut Lt & Pr 7s A—1951
Consol Gas El Lt & Pr .(Balt)r-'
3'As series N—
——1971
1st ref mt.ge 3s ser. P———1969
1st rcf mtge 2%s ser Q——1876
Consolidated Gas (Bait City)—*
$92
:;>
101%
97%
lll'/a 111%
:
M-N
103 '/a
98%
M-N
..1949
certificates—-
105
1.01
95%
89
%
99%
100
perpetual
100%
98%
——1949
101
110% in
111%
J-D
103
6
v
A-0
,———
A-O
1959
Queens Borough Gas Ss Electric—
5 %s series A———1952
78%
A-0
F-A
—--——1950
in
-1961
101
Public Service of New Jersey—
101%
5s——1958
5s.
M-N
-1956
;
4%s B
y>
101
'
45%
1
102% 102%
$104% J. 06%
99% 99%
99%:
98%
Cities Service P & L 5Vas——1952
.
73%
74%
B—
100
100
'
M-S
series
39%
38
100
J-J
5VaSr-——1953
J-J
46
128
E__—.
5s
F-
(Can)
3 'A s_—
Sinking fund deb 4s.
107%
J-J
...1954
Echson
series
Corp
1 st mtge
100'A
2
§ A Chicago Rys 5s ctfs——1927
Cincinnati St Ry 5 %s A—-.——1952
6s
106%
101% 104%
100%
1950
Public Service Co of Colorado—
102'A
4
101%
J-D
5s———-1948
———*
4'As
102% 109%
107
104
104
iU-N
-1953
,—'—1964
Potomac
Power
J-D
—1970
5s—
El & Gas 3%s
117% 121%
180
M-3
Boston
114% 116%
11
120
$105%
A-0
Birmingham Electric 4Vas --—1968
:
120
$150
M-N
1960
C
Bethlehem Steel
1
114% 114%
stamped extended-
j
§Reported in receivership.
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"Wi," wben issued; "ww," with warrants; "xw," without warrants.
t
Chicago Stock Exchange
Baltimore Stock Exchange
L
.*
..
.
of Prices
High
Low
Par
_—_—*
v
,
:
Arundel Corporation
Range
Last
.
Sale Price
STOCKS
,
17%
18 7/
Bait Tramii Co
Aug
12%
67%
385
57%
Jan
6714 Aug
115
Power common
67%
preferred B
———100 " —
Chemical Co—
1
Eastern Sugars Assoc com v t c
18%
11514
114%
Jan
100
12%
Jan
15%
8%
6% Jan
9%
Feb
148% 150
43
43%
27
10%
84
27%
27%
20
65
"v
Fidelity & Guar
Co of Amer
69 %
229
25
pfd—100
30
New Amsterdam Casualty—
—2
U 8 Fidelity & Guar
50
(Tom) Distillery.:
Vernon-Woodbury Mills
National Marine Bank.
Bonds—
''
—
'
1 July
35%
Jan
44
Dec
914
11
Jan
common
26
Mar
27
200
-,
.
Dec
29
77
Jan
25
41
Jun
22
J an
28%
Jan
44
Dec
Corp
Inc common
49
Mar
56
Jun
Brach
&
55
Mar
64%
Jun
Bruce
Co
(E L)
common
Low
''
Son
Boston Herald
25
100
*
69
20
5
6%
,
,
:
6
2
Jan
Jan
:,5
■■■ •
8% May
;
245
1%
Jan
595
2%
Jan
7%
412
2%
Jan
13
13%
487
11%
Jan
34%
548
23
Feb
35
14%
Passumpsic River RR—
_>
——100.
215'
14%
6%
33
10
98
98
514
*
50
5%
Fuel Associates—
prior preferred—.
preferred
4%%
6 %
1%
—*
——100
Common
57
Employers
Decker
6
3%
Jun
Co
Capital
General Electric
Gillette Safety
•
«
—,—
—
^
♦
$
$7 convertible
A——
preferred—
6
preferred
Co
Nash-Kelvinator
-100
V ;
RR
—
-50
•
4%
Feb
12
80
1
30%
31%
2%
4
Mar
y
75c
241
28%
Jan
; 70
yy
2%
Dec
250
26
175
70C
200
47%
8
5
•'
2%
7%
-
35%
Inland Steel
12%
Jan
12c
Jan
35%
Jan
May
1%
Apr
July
50
3%
Jan
Jan
14%
Feb
10c
86
Jan
July
Joy
Katz
26%
95
19
Jan
6%
cpm
28%
1,218
23%
Jan
32% Apr
1
1
400
preferred
1% Mar
20
8%
Jan
11
13%
165
9%
Jan
14%
8%
168
5% Jan
33%
385
8%
33
29%
Jan
28
379
27
13%
25
78%
77%
80%
775
11
11%
39%
16%
350
3%
37/B
1,550
8
8
••yy
100
6%
8%
9
McCord Rad & Mfg
Field
15%
1%
Masonite Corp
Sep
36
Midland Utilities—
July
Co—(
Convertible preferred A__
*
v.y >
Miller & Hart—
Dec
37
Feb
7%
Jan
15
Sep
Common
76%
Sep
,
v
t c__
73
—10
Utah Metal & Tunnel...
71%
876
63%
Jan
74
44
345
42%
Sep
47
42%
42%
110
25%
Jan
46
22c
25c
750
18c
Oct
48c
Jan
11% May
—
*
Westinghouse Electric & Mfg...
page 379,
Sep
July
•
July
Minneapolis Brewing Co common
Co common.,
Nabco Liquidating Co common
Nachman Co common!—
.....
Montgomery Ward &
-50
10%
21
—
10%
20%
21
94%
96%
120
50
191
7%
J6
Jan
80% Jan
21
1
*
*
*
Oct
99% July
Gas common
July
July
8'/a
674
:
Jan
3Va
%
Nov
Jun
Jun
487a Sep
1027a
Feb
96
10
Jun
'87a
147a
Jan
41
190
12%
'■
43/4 Jan
150
'
Oct
July
574
Jan
'
16
V
Jan
58/a
'
Jun
7
20
y
Oct
1% July
Feb
1%
;. 450
7 ":T
7%
1,950
1%
200
78
Jan
2
yy-1%.
July
17%
50
9%
Jan
20
Sep
400
157a
Jan
217a Jun
13
1%
17%
-
87/a Jun
5 yy Jan
.•
•
23
26
Jan
277a May
13%
L_
* "10%
" "
22
25%
14%
1,100
10
Jan
167/a July *
38%
38%
100
327s
Jan
427a July
5%
57/B
300
3%
Feb
10J/8
10%
80
2,100
1,500
8%
20%
6
6
300
2
Jan
2
,;;
2
1,000
1
Jan
97a
8%
Jan
...
300
,
7%
300
8
Feb
4
Dec
21
Jan
9%
,.
67a Dec
107a
4% Jan
20%
..
Dec
11%
Sep
37a July
12
"
July
67a Nov
50
Sep
457b
. —
46%
200
33%
Jan
7e
650
9/4
Dec
17a Mar
%
Jan
1574 Sep
•
—1
12
2 : " —
National Standard cap stock.
—10
33%
Noblitt-Sparks Industries Inc capital__5
North American Car common..—
—20
Cylinder
National Pressure Cooker common
Dec
200
49
y.
v" 14
Apr
National
•
Inc
see
71
43%
..
...
Co
footnotes
71%
43%
—23
.
747a
Jan
200
'
_
7
787a July
Jan
1
17
350
101% 101%
•
57
50
y
6%
13V2
48
19
Jan
30
47/s Nov
1674 May
23% May
Jan
63
July
'
53%
48
•
4'/a
100
11
; 6%
•
-7,
11% Jan
100
18 yy
4%
6%
187a
May
27a May
7.
Oct
600
7
73
7;,'
9
17
7% Jan
250
7;
9% Aug
>
Jan
10
Oct
137/a
Jan
7
Jun
21% Oct
Jan
650
Jun
97a
Jan
7%
Aug
6
17% Jan
100
75
9
V > 567a July
1% Jan
ry
11
-
•'
—10
Jan
6
6%
6
„
'y
•
2,400 y
16%
18
;
100
$1 prior preferred
stock
20
75
.
.
prior lien—.2
Feb
500
16%
-y
Midland United
3%
7.7
il Jan
47a
19%
v
:
,
14%
5%
Mickelberry's Food Products com——1
Middle West Corp capital
5
>
300
4%
.
common.—..
10% May
1%
7
12%
y1;;
*
Jan
10
NOV
-
474 May
Jan
Jan
*■
Sep
1674 Nov
i
67/b
•
"
;":t 43
Jan
300
157/a
31
Mar
300
10
87/a July
„14% July
4%
400
Apr
67/8 May
2
950
r
13%
44%
•
450
13%
8%
-
:
-.
20%
:-
15
"
-
July
.
Jan
14
700
8%
class A—" 26
common.
v
•>
Dec
July
16
yy
Jan:
6%
-Jun:
42
Jan
23
1,350
537b
13:
■:
150
6
.1
A-.——*
Jan
300 >
53
"
7
7%
common.-—.——*
—~
$3% preferred'—.?.yL—
* * "* 17'A
Liquid Carbonic common
—* 7 " —
25%
60% Apr
600
y
July
10%
12%
8%
2,950
Univ common—5 7"
Salle Extension
Marshall
66c
87/b
Oct.
83/4
Jan
10
31%
8%
4%
pref.——50
100
19
Jan
10
-'400 s"
30
14
.
Jan
2%
Jan
28% May
27%
13%
•
Lamp
11%
26%
'
200
Jan
10
common.L——2——1 " '
Switchboard common.....
_*
23% July
17a
Co
Drug
Feb
37a
♦
—
243/4
17
150
*—
*
10074 Aug
Jan
5,450
;
y
227a July
Jan
10%
67»
1
•
—•
Jan
11%
f.
Lincoln Printing Co
26%
10%
150
233/4 July
83
.
300
'
Sep
3l/4
Jan
14% Jan
50
8
10
Cojvtc—-—■*
' "
\
Manufacturing Co, common*1
La
27%.
27%
Rubber
(S D)
~
,
l3/a
16%
160
7'-
5% Aug
27% Feb
800
15%
20%
10
100
20% Sep
*
300
8%
-*
5% May
Jan
100
21
20%
Iron Fireman Mfg
7%
Co
.Z
Jan
6
13
,
y
common—...*
preferred..
*
Oct
26%
Jan
V
7V
:
11
Libby McNeill Si Libby common
85c
110
24%
:
Harvester
Apr
110%
July
2%
103/4
v
.7
■
39%
1
capital—
Co
Ken-Rad Tube &
lc
■
300
:
3 ::
capital
Co
Kentucky .Utilities Jr cum
15C
:
98
31
——•
common;(new)...
Oct
6%
'■
•;
*15%
—
Co capital.:
Jun
215
May
27
21% Jan
15%
6%
8"%
common..———* "
*
8%
100
July
18
24%
15%
15
Motor mparts—
International
6% Apr
33
85
Jan
21
common
Interstate Power $6
Jan
Jan
33/4
19%
39
Oct
67%
16%
Indep Pneumatic Tool v t c.—„
Indianapolis Power & Light com
Indiana Steel Products common..
Jun
15C
307
19%
8
Oct
49%
50
100
96%
15%
6%
•
40
21®/a
39
Jan
38% Jan
400
21
8
Jan
2
Nov
2%
2%
39
Aug
978
4,050
1974
rV::5-y "75 'O
,
14
"
60
45/a
4%
19
24%
July
Oct
Mar
.y
25%
19%
*97%
10
42
257a
11%
Illinois Central RR common
Apr
6
-
80
21
61
3% Apr
100
*yy>
15%
2%
Jan
1,150
57%
14%
■
Oct
26
350'
80
25 V\
4%
113
5,600
477b
:?•
57
...
w
Oct
10c
:v
Inc
Waldorf* System
Illinois Brick
1% July
12%
105% 106%
Werner
Kellogg
590
47
y.
5%
1% May
Jan
200
14
■
10% July
A Jan
99%
220
,
Nov
Mar
Jan
6
50
800
80
8%
4% Jun
A Jan
300
9%: :'yy-7
5%
10
Houdaille-Her^ihey class B—
Sep
82
Jan
37
616
%
"
1
5
—
Lakes Dr & Dk com
Hupp Motors
9% May
Jan
2%
Hein
July
1% July
—
preferred
For
»6
100
40
Dec
—
Twist Drill
Warren
Jan
.
6i
14
■
Corp
Heileman Brewing
32.78 July
Jan
30%
10c
--
United Shoe Machinery Corp
S
26.08
1,322
414
•
U
Jan
180
6
:
31%
*
Jan
*
...
(The)
Co
Co
Sep
24c
—25
Inc
Stone & Webster
6%
9%
39% Jun v
—
•
Fruit
Jan
2,000
Assn.
Drug
2%
45c
•
Union
52
38c
—
RR
Quincy Mining Co
Reece Button Hole Machine
United
9%
15c
,.2.50
•
United
32%
Great
:■'
93
7%
53/a
S 47%
(H W) common
Gossard Co
Apr
12
12 Vb
•106%
—
Pacific Mills
Torrington
Dec
34%
7%
8
1
North Butte Mining
Shawmut
14%
Jan
6
297a Nov
69% Jan
common——5
Gillette Safety Razor
Jan
47%
5 i.-j,
——
...
General
2714
65c
V
„
.———
England Tei & Tei
Pennsylvania
•
„
»
General
12
25
25%
—1
Service Cos
7%
<
25
87/8
2078 Jan
170
60
y
common..—1
—10
k —
Motors Corp common
_10
53%
Outdoor Advertising com—"
243
32
150
2%
Auto——
Finance
14%
3%
Narragansett Racing Assn Inc.— ...1
Old Colony
Nov
37%
107a July
*
;
25
pfd—100 '
Util Corp
11% July
2%
2%
.100
Associates v t c_
Mergenthaler Linotype
New
70
NOV
—
Massachusetts Util
National
Jan
1
—L;''y
(Del) common—
Maine Central RR common,
5%
25
80
1
Kennecott Copper
Corp
Jan
50 f
8%
'■
•
Lamson
214
55%
551
Jan
7%
■Preferred
Oct-
36%
Jan
5%
%
„
——_* >
common—...L_
*
Gardner Denver
Jun
9% July
124
36%
'
*
-15
Royale Copper
Isle
37%
Dec
8%
—
Hathaway Bakeries class
Jan
3%
*
93
—
Razor Co.—
19%
10°
1,000
116% 116%
60
|
4%
9%
5914 Nov
10
35%
Nov
19%
23% Dec
,
9%
-*
common
(Peter) Brewing
Fox
2% May
Jan
309
32
1
Corp
Jan
42
5
50
cum
Elgin National Watch Co
7% May
•
36% >
„
95%
Manufacturing com—1
Inc common__10
Electric Household
Oct
99
Feb
4% Jan
9%
—•
Jan
127/a Jan
y
A
10
Dodge Mfg Corp common.—
Domestic Industries Inc class A
31%
—7
13
22%
28
& Cohn
Dixie-Vortex
General
9
150
200
19%
y
93%
—30
(Alf)
&
Deere
Apr
17%
Jan
75
Va
9
Dec
98
1
Public Service
First National Stores
General
25
14%
-V",
———* :
Association———•
Group
33
83A
383/4 July
,4%
—* y., 57%
Drug Stores
Dayton Rubber
May
55
Grocery Stores
Engineers
5
4%
197s July
Jan
9%
———1*
Common
98
Ry common.—100
6% 1st preferred series A
100
6% preferred B
—100
Eastern SS Lines Inc common
——*
Eastern Mass Street
Economy
57
32%
100
Apr
Jan
%
1
common—
Cunningham
r..v-
/v, k.
20
1%
57s
Jan
4
400
y-
26 Va
28
Edison
Four-Wheel Drive
Gas &
Eastern
87a Aug
13%
22
common.————5
Co common——
16 Va July
31%
6%
47a Aug
-
.
Cudahy Packing Co 7%
Jun
8'% Apr
0; 7
Co
Crane
Jun
8V2
!•.
•
,
common
25
common————1
Consumers Co v t c pfd part shares—50
Common partic shares vtc A
50
Common partic shares vtc B___
*
Container Corp of America common_20
32% Apr
8
Jun
34%
10
Co
■
6%:
—
Range
v'
1%
'fil,•/
Service
i• j.r\-Iv•;h
8V2
6 Vz
800
%
9%
28
Consolidated Biscuit
Dec
20
Jan
Jan
1,861
:
Apr
39% Mar
700
<
—
,
common.—„—5
Corp
Commonwealth
34% July
69% Aug
6
6
■
•
Jan
.-V*'•.
":-'v
25
6%
July
102
13%
*
100
*•"
5
5%
ly y;
■
•
common
Cities Service
13'/4 Nov
8%
2,901
28%
27%
28%
—100
Calumet & Hecla
Copper
Chrysler
'Jan
14
'
Lyyyyy :-.y
,.>.•}y'
stamped—
100
■y\:; .;.6 ^
stamped.
stamped.—100
—
Preferred
Apr
62% Jan
24
255
5
Personal Prop Trust——
& Providence RR
Connecticut &
Jun
31%
Jan
81%
132
3,265
v
68%
r,
100
/
35
9%
Jan
100
*
preferred
preferred.
Chicago Towel Co—
Common capital ———
158% July
Jan
9
60
102%
Sep
23
Jan
"
574
33% Nov
16'A
...
——
Chicago Corp
Convertible
Dec
32%
Nov
24
813
19%
—
C 1st pfd
class D 1st pfd
class
Cities
Jan
127%
2,853
19%
'.7
8% class B 1st pfd
10%
Jan
17%
225
Stamped
■
130
12%
716
50
87/a
94
30
Serv $6
Pub
Illinois
Cherry Burrell Corp
High
4%
"•,'3
69
••
'y
Boston
30%
34
35
'
Traveler Corp
RR—
1% prior preferred
5% class A 1st pfd—.:
Boston
Year 1943
Low
25
100
102%
—100
Boston & Maine
7%
sales lists
Range for
4%
12%
672 May
36%
19
1
_*
50c
Prior lien preferred-——
*
Preferred
L_
•
Central States Power & Light pref
*
———
*
1% Mar
.
35%
10
convertible preferred
Common
Shares
156% 156 7/a
25%
24%
156%
Jan
16%
'22%
1 '•
Brothers
Convertible
High
29%
50
74
200
Sep
',. '27% July
3% Nov
1,700
yyy
5
678
'
1,550
35
8%
8%
15
Burd Piston Ring common
—
4%
4%
100
Inc
Boston & Albany RR
Boston Edison
Boston Elevated Ry.
1587a July
y
.
7% Nov
550
;
9%
9%35
Central & South West Util com
Sales
of Prices
Sale Price
Par
&
111% July
Jan
Jan
3
200
21%
21.
*"■■;.
;
—
17a
4
18% July
42% July
'
for Week
Last
1%
3%
1" *
5 * r
d v'
_
Corp common
Sons (E J) capital
38,700
Week's
Friday
Bird
;
9%
1
Warner
$10,000
61
compiled from official
21 both inclusive,
,100
8%
5
common.
Manufacturing Co capital...
Binks
Exchange
Boston Stock
,
1,8%
y'
7
128% Jan
-
Nov
yy;: 6% Apr
Jan
90%
10
150
1,550
y
' "
pfd
Central Illinois Securities Corp—
Tel & Tel—
25%
5%
87/a
;
Berghoff Brewing Corp..——
Oct
35%
175
783
Corp.—
Aviation
Bendix
5%
Anaconda Copper
12% Jan
200
5%
—: *:-
Central
American
350
39%
156% 156%
*
Butler
All.es & Fisher Inc.
American Sugar Refining
20%
"4
Belmont Radio
43% Aug
54%
,
—
1
27b Jan
5%
3 " "
Borg
60
STOCKS—
120
:A
109% 109% ■yy-7,-
'
—100
.5
Bastian-Blessing Co common.—
Nov
y.
Jan. 15 to Jan.
4%
38%
Aviation .Corp (Delaware)..
Dec
85
37%
36%
54%
.
6
4%
...
Equipment Corp .common.—.——1
Asbestos Manufacturing Co'common_-l
Bliss & Laughlin
.
„
350
19%
.* ' '
Aro
1014 July
29 74
22% Jan
43%
2614
43%
26
1975
—1975
5s series A—
145
82%
82%
y..
7V'vy■ :'•-V:;-';;':.'
i.•'
-
Transit Co 4s
Mar
125
,
Mt
•
10%
—
Moore
capital
& Tel
Co
627/a Mar
40 %
11%
'
" 148%
— y
Deposit Co—
,—20
Fire Corp—__——10
A com™—-—5
Oil of Texas 6% pfd Vtc
25
Fidelity &
&
Armour
Jan
Jan
517a
50
6074,
4%
Service preferred—100
Public
American
American Tel
High
Low
High
11%
*
5
Laboratories common—>_—*
Allied
Feb
140
8%
common.—
Aluminum
Range for Year 1943
Shares
60%
■
;yv:
7: y
for Week
of Prices
Low
*.
;
Allis -Chalmers Mfg Co.L_.i--—J.
;;VA/'V"J:vVVVv-r' V* \\ :;•
Jun
120
22
14%'
14%
Range
Sale Price
.
Castings
Co
Adams Oil & Gas
Jan
905
67
8
:
;
common——
Jun
10 %
4 % 'io
Baltimore
335
1.50
2.95
—
Consol Gas E L &
Houston
1.00 Mar
10
—
Davison
Finance
Mar
19
Jan
16
,Week's
Par
Abbott .Laboratories
Advanced
1.35
*
...100
t c
com v
Preferred v t c_.——
.STOCKS—
345
is
1
Friday
,
■
1943
High
Low
official sales lists
Sales
both Inclusive, compiled from
Last
.
Range for Year
-
.
Jan. 15 to Jan. 21
y
-■"
Sales
for Week
Shares
Week's
Friday
" •'
'
'
official sales lists
inclusive, compiled from
21 both
Jan. 15 to Jan.
Monday, January 24, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
10
15%
16
300
12
12%
500
9%
Jan
147a July
12%
50
4%
Jan
147a Nov
12%
550
26%
Jan
38
32 %
35
33%
36
,
.
100
,■
"
18%
187a
750
.
237a Jan
83/a Jan
July
377/a July
19%
Sep
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
OTHER STOCK EXCHANGES
Week's
,! Friday
Low
Par
Cleveland Stock Exchange
Range for Year 1943
Shares
of Prices
Sale Price
»
Sales
for Week
Ranee
Last
STOCKS-
Low
High
Jan. 15 to Jan, 21 both inclusive,
compiled from official sales lists
High
Friday
*
Northern Illinois Corp
11
7%
:__*
10%
11
300
7%
Jan
10%
17 %
common—
Northwest Bancorp common
North West Utilities—
•
17%
17%
300
10%
Jan
17% Dec
Dec
9
Jan
23
Oct
City Ice & Fuel
4%
130
25
23%
23%
100
Jan
10
Dec
Clark
Apr
15
Oct
'
——6
common
Penn
9%
.
Electric
Switch
A-
Pressed
'
•:
RR
50
Steel
capital
2%
Feb
5
14%
Jan
18
Dec
V*': Z
Oats
Co
27%
i
Preferred
27%
1,250
23%
Jan
33
May
Electric Co
Schwitzer
Cummins
;
J——5
v.
—
Sinclair Oil
South
Corp
-
Works
St Louis National
Oil
of
Indiana
capital-.
1%
Jan
Jan
30
11%
1,200
:
"common——5
Jan
8%
Sep
Jan
50%
Jun
Van
Jan
17%
Oct
Jan
Jun
Jan
800
13%
1,050
2,950
14 Va
18
17%
30%.
28 Va
27%
30%
International capital—
28 Va
29
600
27%
Nov
48%
48%
48%
450
42
Jan
12%
12%
350
8
Jan
Corp capital
—.,——25
Trane Co (The) common—„——-2
United Air Line Transport capital
5
.__
23%
73
73
73
53%
53%
54 Va
4%
•4%
Steel
S
common.^.——*
Utah Radio Products common—
>
1
Wieboldt
Stores
Cumulative
Williams
Woodall
Zenith
Inc—
Oil-O-Matic
Radio
95
99
/
common———*
,
Jan
Z'
Products
Dorn
Iron
•
St San com
Steel
Jan
Z'Z
1%
Feb
'
200
3Vt
Jan
400
•:
'
36 Va
Glidden
New
Co
York
Ohio
Electric
Interlake
Iron
■
U
19%
Jan
,
Corp
Jan
Dec
60 %
200
45 %
Jan
65
Central
Oil
58%
300
54% NOV
69
S
14%
Brands-—
5%
Dec
Rubber
S
12%
23%
24%
300'
15%
16%
350
—
:r'■
.
,
6% Jan
:
11%
,
•ZyZZ- '-v'
,
Jan
Jan
,
950
5
17%
400
14
Jan
\
1,882
9%
Jan
20
May
5%
100
5%
Jan
10
May
2
2
135
1%
Sep
3
Nov
8%
8%
100
7
Jan
9% Sep
■'ZZ'-'"'
."Z
100
Ford
37 Va
Week's
..."
8
—"
:
8
60 Va
Dec
Atlas
Hatfield
Jan
46%
Sep
Baldwin Rubber common.
Jan
18%
Sep
Yards—.
—
Mfg common
i&.-Vv-
Milner
&
Cleveland
v..
Range for Year 1943
.
b
•:.%•'! •Z V High
5Va
2OV4
11
Jan
Jan
Sep
28 % July
Trailer
Fruehauf
Wood
1
6
Sep
91
:
Mar
25
1%
10
Goebel
Nov
Graham-Paige
85
■
5
Jan
Dec
Hoover
11%
V
Dec
Hoskins Mfg
,i
115
9
9
60
100
v
19%
87%
50
Z
'
Jun
Z:
Jan
7'/4
!
3
67
87%
Feb
7%
259
120
Jan
9%
Oct
Kingston Products
9
Jan
Kinsel
74% July
>•
9%
Jun
Jan
23% July
Jan
88
•> Z
11%
•
30
103
-
88
103
7%. Jan
•
34
preferred.'——100
Z
39%
119
20
5
101
.
;
Mar
Z
35
15
39%
.
51
20
v
Feb
Jan
Feb
V
—
2.50
—___.
—4
2Va
—
414
6
56%
58
10
56%
Procter & Gamble-
Rapid
33
2%
6
•
Magnavox
LaSalle
Wines
10
'
■
.
.
Z:
.
: 25
86
-
1% Aug
1% Jan
McClanahan Oil common
30
May
Michigan Die Cast
Michigan Steel Tube common—
Mar
Mid-West
Dec
July
u.
S.
S.
—10
Playing Card——.
Printing
42%
42%
*
9%
0%
9%
'
—
—
Z——50
Preferred
Western
42%
.50%
8
10
Bank
,
,
50%
8
1
*
General, Motors
Standard Brands
For footnotes
10
•
see
page
379.
53%
Dec
6,870
400
1
Jan
3
Jan
4% July
5
Apr
17%
Jan
70c
Jan
1%
2
Jan
4%
22% July
160
5
1,415
3%
Jan
3%
1,125
2
Jan
53 V*'
/ 328
17
Jan
44%
28
Sep
6%
Jun
4% May
Jari
1%
Apr
Apr
2% Nov
1% Mar
Z»-
•
■
•1%
6
%
27/a
3
875
1%
1 Va
400
Jan
6%
83c
Jan
4%
56
380
14%
Jan
12%
319
15%
15%
200
50c
55c
6%
2%
1,300 '
100
2%'
9
% Jan
9% Jan
46c
1%
Dec
July
•
64
100
49c
Feb
22 ¥4
22%
685
19%
Jan
2%
4%
1%
1%
400
•
2
Nov
200
2%
Jan
560
3
4%
__
3% May
2% May
6% July
V
20
1
Jan
Oct
16%
Jun
83c
Apr
4
Jun
75c
Apr
23"% Aug
4% Apr '
4% Dec
Jan
13c
July
13%
Jan
64
X
r
Jan
20
12%
15%
228
19%
—
Abrasive
Products
33c
31c
—-!
Motor Wheel common
5
Apr
2%
5
200
4 Va
Jan
6%
1%
250
1%
Nov
2% Mar
275
10%
Jan
16%
Jun
18%
Apr
2
—-i-*
1% July
28c
Jan
common——50c
common
29,700
1%
5
:
35c
800
1%
1%
Jun
Apr
17%,r
18 Va
18%
100
11%
Jan
3 Va
18%
17%
Park
Chemical
Co
—__1
common
3%
1,660
1%
Jan
2%
Jan
5
May
Jan
32
May
Jan
10
4
613
•
3%
Parke,
common—:
*
Wolverine common—•
30 V*
Parker
9
9
140
6%
Oct
Peninsular Metal Products common___l
1%
1%
300
l7/«
1%
200
1%
Jan
3
3Vs
200
2 Va
Jan
Motor
Car common
Davis
Prudence Investment common
398
48 V4
Jan
58
2%
Jan
10%
Dec
30Va
Jan
42
July
Jan
10
Oct
Jan
54
Jun
6
1
(H W) common
2
1%
30%
451
28
5%
76c
3% July
Jan
■
May
1% July
2% Mar
Sep
45
160.
228 •,;
15
200
.
.
,
,
3
38
4Va
Rickel
3%
Nov
Paper common.———•
common —________—10
3%
3%
1%
Jan
3%
Jun
11%
11%
100
10%
Dec
14%
common——..1
2%
2%
300
1%
Jan
1%
300
Simplicity
Pattern
Standard Tube class B common—_—I
Dec
Timken-Detroit
13%
10
10%
Jan
16% July
15%
15%
32
10%
Jan
15% Aug
4V4
37
53%
53%
219
29%
29%
57
2
Jan
5%
Jun
Universal
Class
44%
Jan
55% July
Warner
25
Sep
31%
Wayne
Dec
"B"
Walker & Co
Aircraft
23%
Dec
33Va Mar
2%
600
1%
Jan
2% NOV
3 Va
100
2% Feb
3 % May
6
Jun
2
——1
27
—1
;——
common—
Screw Products common
5%
5%
5%
100
4% Mar
*
7%
7Va
7%
900
3%
*
—_——
"A'_
Dec
200
%
1%
27
1
"A"————
Cooler
1%
Apr
2% July
2% May
10
Axle .common—'
1,925
3 Va
Scotten-Dillon
Nov
%
4%
15%
—
Gas
Jun
15%
Oct
13%
25
T
City Ice & Fuel
Apr
15 y*
Oct
Unlisted—
Columbia
3%
1%
Udylite common
United Specialties
Rolling Mill
1%
Jan
Jan
32
47/a
1
2%
Tivoli Brewery common
American
Jan
2
32%
■
500
Apr
7% May
30% Jun
Jan
12
,
8%
20% Mar
43
;.
21
2,670
27/a
53%
1
common—
Jun
River Raisin
U.
2
common
Prod
Screw
Packard
32%
32%
—
Leonard
53%
1
,
13% May
31%
,■.
Feb
24%
270
•
,
13%
37
25
,
40
Z^'
Jan
150
-1
3%
32
".
4V8
93c
27/a
.
Dec
5,502
19
3%
1
common—.
common
101
Jan
18%
;
5%
Jan
'
Kroger
Drug
———
35'
.
Jan
1,330
(S S) common.—________-10
Lakey Foundry & Mach
—;___—~1
Motor
15
41
16%
5Va
5
/
''
2%
*
1
'
preferred
*
80
34%
30
255
V~.
12
•
955
Kresge
Masco
11%
4%
3%
———5
10
Bearing
50
Z 328
!
..."
4%
%
Z--.'
1
1
—
Hurd Lock & Mfg common
8%
510
93c
—1
common
Dec
*//
—
&
101%
4
:——:
Ball
Feb
73
15%
1
common—
Houdaille-Hershey "B"
8
9%
3
Brewing common—
Nov
118% 118%
1%
411
4
1
common—;
103
-.".72 %
1,311
15%
common.—_—_____10
Jan
—'—-—— -—*
——
•
43
1%
12 Va
5
common..
84
34
"A"
Hobart
11%
27%
1 Va
High
200
Dec
24
Jan
Nov
110
6
■
Jan
17%
Finance
Motors
27%
r 12 >4
19
Industries common
General
.".'Z.
1.J.V
Frankenmuth Brew common———__1
Gar
7%
—5
Detroit-Michigan Stove common—
■
•/LOW
6%
common—10
common
Range for Year 1943
"Z-SZ;:
6
20
Nav
common
Iron
High
12%
*
,
Shares
6
z*-
1
common—
Edison
Gray
;:Z
common—____10
Paper
Detroit
40
26%
of Prices
7%
——*
:
Sales
for Week
Range
6
Machine——.—_*
81%
*
—______10
Exchange
Week's
Sale Price
McLaren common—
Detroit
10.
18%
'■'
partic
96
202
54
DETROIT
—1
Briggs
22
ZL
—50
_
Hilton-Davis
53'%
__
Low
138
——■
new
60
al7% al73/4
__
•
Forge common—————5
Drop
102
Insulation
Gallaher
200
Sep
15%
101% 102
—50
Gibson Art
90
al7% al7%
al7%
ZZ,.
30% Dec
Crowley,
ZZ 1351
3
11%
102
—100
—
Eagle-Picher
al97/a a20%
Last
Jan
Low
Z-iZz.
6%
26
11
20
—:
■,
Formica
40
210
Friday
Jan
Shares
L
108
6%
*
Telephone.
'
Dec
100
a37V« a37%
Detroit Stock
Sep
High
108
100
——
Dayton & Michigan preferred
'
90
'
Detroit
for Week
Range
•Z
—8
.
—*
Cincinnati Street
•;
Mar
Telephone: Randolph 5530
5%
Sales
of Prices
Low
Cincinnati Gas & Electric preferred.100
Corp
20
60 Va
130
a40% a40%
__
Exchange
Hall Lamp common.
Crosley
37 Va
20'
;,4
__
12% May
20% July
compiled from official sales lists
Laundry Machine ———20
Cincinnati Union Stock
100
Building
12%
27 y4
Preferred
100
Chicago Stock Exchange
25 %
15
26%
Cincinnati
Xr-mX
New York Curb Associate
24%
700
15
9%
& T P
20
19 Va
5%
*
46%
14%
Champion Paper & Fibre———1—*
N O
a33% a34%
Detroit Stock
General
C
34% July
al8%al8%
40
July
19% May
Jan
9%
;
13% Mar
Feb
New York Stock Exchange
July
Jan
9%
—
Par
Churngold
Dec
23%
81
Jun,
?30
15%
10%
_——x.—*
—
10%
3,204
18 Va
common—w.—*
STOCKS—
Last
./■■ZZ/ZzZZZ
——
10
33 %
Jan. 15 to Jan. 21 both inclusive, compiled from official sales lists
Sale Price
STOCKS—
Brewing
11%
33
Watling, Lerchen & Co.
V'4'!
V.
Friday
Preferred
July
May
17%
_——25
15
20
.
Jan. 15 to Jan. 21 both inclusive,
Burger
Nov
15
•■•'"'Zv-vV
Apr
Cincinnati Stock Exchange
Baldwin
7
Jan
5%
1
Consolidated
American
Jan
%
a41% a41%
33%
V
Brown
Industries
1%
11
Feb
19%
common—
Burroughs 'Adding
Aluminum
75
3%
May
Jan
26%
f
4
25
10%
9%
Corp common—1
Co common————10
.
100
Jun
"c.-"''
Dec
2,450
2,750
9%
Nov
15
550
17 Va
Truck & Coach class B_——1
Yellow
6%
Oct
2%
39% July
common'-—
Studebaker
IOO
'
:
RR
9V2 May
Jan
17%
—•
Standard Oil of N J——
U
3%
14 %
:
12
Z-
Steel
Apr
30%
12%
r
Republic Steel Corp common
•'. New
3%
Jun
500
17
24
11%
31%
v-
300
6
37%
16%
Radio Corp of America common
Standard
July
21
36% Mar
Apr
17%;
v!"'
■
15
Feb
Jan
i
•
common.—
July
5%
1
(The) common
■i
Jan
12
30
Members
6Va
24%
1714
12%
*
1
Inc
Oil Co
Pure
:V
100
5%
5
•
—:
Paramount Pictures Inc
Pullman
9%
20
25
Apr
950
37
3714
—1 :
capital—
York Central RR
New
84
18
37
*
•
common
37% July
9%
—*
common
(Glenn L) Co common—-
Nash-Kelvlnator
12%
18
4% Mar
58%
—
•
Co
Corp
12%
NOV
99
6%
^
Martin
50
*
,V?,;
,
Republic Steel
59% July
4% May
58'/a
60 %
1
Curtlss-Wright
General
159
37
Addressograph Mul common________10
Firestone Tire & Rubber common.
General Electric common
•
25 %
9%
:
common——.—*
Corp
32
a22
18
Inc—
Works
;
■■■:,S. Unlisted—
25
—
Copper Hiding
50
Atch Topeka & Santa Fe Ry com—100
Bethlehem
32
a22
99% July
Jan
900
5
35
35 V*
Anaconda
/
Z
Jan
85%
40
3%
5
.
common——*
Radiator &
American
89
12%
Unlisted Stocks—
•
■
Feb
95
a38% a39 Va
•«._•'
•
Apr
32% July
74% Oct
:
80%
ZZ
3%
3%
common————2
Corp
47 V2
Dec
53% July
14% Sep
} ;
Jan
V 2
27 Va
35%
Jan
;
150
95%
98%
35%
a42%
25
:
-
prior preferred——*
Industries
1,250
1,450
4%,
99
16%
59%
'
100
;
95
Westinghouse Elec & Mffg common—50
V '22% ''JanZZ
200
23%
Gypsum Co common——_—20
U S
U
12Va
'
Jan
508
18% Mar
/•:: 7
&
Texas
.
30%
25
20%
32
Refining
ZZZZZZZZZZ2
Weinberger Drug Stores—
West Res Inv
Corp preferred
.—100
Youngstown Sheet & Tube.:
Nov
14 %
Jun
•'
Warren
38% July
4%
Swift
15
Thompson
July
Jan
July
20
•
57
a42
ZI-IZZZs
Vlchek Tool
Jan
60
Jan
692
57
5
Bros.
13
1%
Jan
15%
14%
6%
Electric
42
Swift
25
Reliance
..:'Z
28%
50
Apr
5
a42% a42%
z.- -.z .c
Z^ZZZZZ*
Riehman
900
July
14 Va
A—
Standard Oil of Ohio
Sundstrand Machine Tool common——5
capital
class
Patterson-Sargent
Nov
18
Co
Paving Brick
LeMur
Apr
13%
'
Nestle
27%
300
4
3%
/
;
Metropolitan
50
34%
33%
:
,
Jan
3
18%
«
101%
Jan
Jan
14%
_ZZZZZ*
...ZZ0
"B"
Feb
1%
10%
9
—
July
50
71
Z_Z*
83
:
•
Jan
all3%all3%
_ZZZ—Z*
Rubber
20
2%
2%
&
(AG)
200
r
16
Jun
10.
59
Electric
McKee
34% May
13 Va July
Jan
308
Laughlin
450
V
34%
16
29%
22 % July
66
*
Steamship
&
Leland
Sep
4%
3... -Mar.
,
Jan
65
Kelly Island Lime & Tr_——*
Oct
May
90 Va
13
66
20%
200
-
6%
•
33
14
Jones
5
575
*
F)__—
Goodyear Tire
Interlake
250
20%
___ZZZ
40
:22%
6%
6%
33
24%
Jan
59%' Jan
100
300
34%
Jan
19
:
v!/ 100
:
Z
7%
100
11
Mar,
15%
19
Rubber
(B
a
al05
20%
*
Z
preferred—
Controller
19% May
14
301
21%
22
25
3,350
103% 103 Va
__
Sterling Brewers Inc common——1
Stewart-Warner- Corp
Electric
Goodrich
14% July
3% Apr
3%
Standard' Dredge preferred—!———'-20
Common ————•
1
Standard
Jan
1.0%
10%
capital—»;/
2%
88%
capital—___5
Stockyards
W 300
34%
34%
Southwestern Light & Power pfd-——*' v<
Spiegel Inc. common
__2
V
Feb
88%
.
—
;—*
Bend Lathe
155
Jun
Mar
147%
3%
—
1
-
13%
92
30
19
,
.11
*
common
Corp class B common
70
4Va
-
21%
'.
>—_1
Signode Steel Strap Co preferred—30
/
•4
.19
*
Jan
Jan
6%
.
510
v
26%
20%
4Va
common
.
Iron
Faultless
;z Z
153
153
:
26%
capital
Sears Roebuck & Co
Serrick
100
common—50 c
Manufacturing Co common_10
Sangamo
7.4
50
11%
73
Cliffs
Range for Year 1943
High
15%
a
a105
■>'
Shares
1
■
Cleveland Electri'c Ilium $4.50
pfd
Cliffs
Corp common...
;
Eaton
Mfg
;
;
;> 1*"
73 %
•
■
Manufacturing
preferred
6%
;
11%
>£V'?'.*
k:;
'
common
Raytheon
Reliance
21 Va
A
V
100
al5%
—.100
Controller—.
Cleveland
Jun
100
Car common—'!———1
"
;
Quaker
12
100
.
•
3Va
•
Pennsylvania
:
17 %
3 Va
10
i
15
;
17%.
3 %
__5
common
class
400
10%
15
Manufacturing Co common—'1'
Peabody Coal Co class B
•
__T'
for Week
of Prices
Low
*
_
Preferred
Corp
Ontario
Sales
Range
Sale Price
Par
preferred
Omnibus
Week's
Last
o
STOCKS—
2%
2
2%
5,190
68c
Jan
30
30 Va
1,100
800
17
Jan
29
2
Jan
5
Dec
3%
Dec
5
Mar
—
-1
4
1
1
3%
3%
400
Jan
7%
Jun
2% May
%
Nov
Monday, January 24, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
376
OTHER STOCK EXCHANGES
compiled from official sales
Sales
Week's
both Inclusive,
Jan. 21
Bandini
2%
1,540
5%
2,150
3%
Jan
Jan
15
Jan
American
100
7
700
10c
Jan
50c
Oct
Baldwin Locomotive
Furniture Co————1
Diamond Corporation—
2
Preferred
15%
Douglas
Electrical Products
Car Co
Menasco
Nordon
22 %
Jan
—
7%
900
117
700
5
1,703
Jan
39%
273
26%
Jan
50 /.
738
34
Jan
50
Dec
700
57%
Jan
85
May
%
Jan
10% July
Jan
46
Jan
11%
40c
;
'300
950
30
31
559
27c
Jan
16%
240
13%
Nov
«Jan
1.80 May
Oil Corp—
Corp
23%
Jan
35%
30%
Jan
36 Va Aug
26%
Feb
30 %
Oct
Sep
235
30
-
47%
47%
305
39%
Jan
48 %
42%
747
34 %
Jan
19
125
18
; 19
6
67/a
9%
4Va
3,325
3
8%
9
595
8%
19 Va
1,577
1,000
50
70
Standard
Brands
Standard
Oil
Standard
Oil Co
& Webster
Stone
Studebaker
&
Swift
Inc
.
-
Company,.;—,
Texas Corp
Texas
(N J)_
Corp
Gulf
Sulphur Do—
Union Carbide & Carbon
Union
United
United
Pacific
Air
Nov
Feb
Jan
19
33%
65
55%
14%
86
13%
Dec
29 % a29 %
15
28 Va
Aug
13%
a
115
2
231
9%
Aircraft
*
United States Steel Corp..
Warner Bros Pictures Inc
Western Union
J" "r
1—100
Westinghouse Elec & Mfg Co—_ ,50
Willys-Overland Motors inc—
1
,
li.
For
footnotes
see
W)„,1,111110
page 379.
26%
10
Jan
Feb
15%
Nov
16%
9%
Oil
Devonian
V.
•
Fort
317/a
Jan
235
35%
Jan
42
36%
Apr
39
•
Dec
Jan
293
29%
Dec
35
5%
36
>
8%
Jan
7J/4
440
10
54
Apr
150
21
May
24%
V
Jan
20 Va
16%
8%
584
8%
Dec
14
Apr
16%
90
10 Va
Jan
18% July
125
3%
850
21
July
2%
Jan
5
Jan
31%
a21% a22%
210
20%
a37% a38%
441
33% Aug
1,065 '
Nov
: 505
0
262
23%
35%
'A:V. A A-"-''
Associate Member Chicago
35%
Sep
2%
Dec
Jun-a
127/8
Feb
16 Va
Oct
20 Va
150
Aug
25 Ve
Oct
^
125
y/.'A
Jan
706
1,360
8
yyvV.A:
.
3%
;
July
Mar
14% May
Jan
4 Va
25c
100
<
.'.
.
98%
Oct
6%
>-
Apr
Dec
r
Jan,
lc
400
2%
7%
204
5%
Nov.
284
Aug
3c
Jan
23'A
7%
90c
Jan
500
•
Oct
.
3% July
v.
'
?
9% May
24% May
15% Jan
1871
Missouri
St., St. Louis 2,
-A'A
'
y
Phone
/y
*
CEntral 7600
Bell Teletype SL
/V;
693
'
Exchange
inclusive, compiled from
Last
Sale Price
Par
Manufacturing
—1.
,,100
__4
Electric
A—
common
Feb
Jan
89%
Dec
Hydraulic
15
July
Apr
47%
Jan
60
/
—
.
„
Week's
Range
of Prices
Low High
' A 6%
75
8%
8%
7%
9V2
60c
II
Sep
9% July
7
8
100
*
;
36
35%
*
Preferred
International Shoe common
A.,
5%
36%
5%
16V2
16Vs
12
12
20
—25
Landis Machine common
McQuay-Norris common
Piping & Supply common
*.
7%
Feb
5%
Jan
14%
Dec
Midwest
253
24%
Feb
27%
Dec
Z_
41V2
4lVa
A,
17
13%
17
14
15
15
32%
126
13Vi
106
9%
19
10
Missouri Portland Cement common—25
Jan
I6V2
50 % Aug
25
42%
70
34%
Dec
34%
13%
412
9%
Jan
15% July
Dec
84% Apr
81%
Oct
20
18%
Jan
29
,a28V8 a28%
175
24%
Nov
39% May
1%
240
1:
Jan
a<v?s'0
a53 % a54q%
291
12%
200
7% Jan
a43%
a42% a43%
155
35% Aug
180
National Bearing
Metals common
*
,*
331/2
National Candy common—
1st
A—A—A—
preferred
100
„
Dry Goods common,—__
preferred
100
„
Service common A—1
Scruggs-V-B Inc common,;
5
A
Rice-Stix
Sep
2% May
59
July
15% July
48%
Oct
82
2nd
St Louis Pub
Scullin Steel
common—A—
Stix, Baer & Fuller common,—
Wagner Electric
common
A0
10
—15.
9
31%^
15
33%
126
13Va
106
9%
19
10
AA A
official sales lists
' yAy..;.";.;
Range for Year 1943
Sales
for Week
Shares
High
Low
5%
65
5
5%
195
22
25
100
6V2
75
,
7%
common-—9V2
Pressed Brick common,—100 . ; 75c
50c
1,588
Jan
v.
8
95c
Jan.
CO
93
*50
V
4%
Feb
Jan
Jan
9%
10
Jun
Jan
5%
25c
2,340
Oct
9%
Nov
2%
'J": 1,000
18% July
104%
and Unlisted Securities
Associate
STOCKS—
A;;-
19
82
•;
Dec
4
Jan/
v
Jun,
17% May
Jan
13%
Nov
5%
Jan
92
■
2c
<22%
.
Friday
Laclede Steel common
85
8
14% Nov
1%
Mercantile Exchange
'
59%
Jan
•
10
5'A
Huttig S & D
48
Jan
y.2
25
Jun
11% Jun
Jan
6 Va
100
12%
Hussmann-Ligonier common
36% July
130
6
100 v
31%
Jan
18%
155
•f
80c
>.
•yl-'/ A
Emerson
Apr
a99%al00%
High
Low
'
50
3%
SI. Louis Stock
Jun
29%
30
Range for Year 1943
:
3%
'/ .■•/.
Jan. 15 to Jan. 21 both
?
20% July
Jan
>
Shares
.50
2c
f
'.7
-ft
A
New York Curb Exchange
12% May
Jan
28%
6%'
1%
Chicago Board of Trade
Chicago Stock Exch.
25%
14%
88
a39
10,486
380
80c
1
-
' 22%
.
Elder
20
a94% a96%
•I-.-
•
Members
Key Co common,
197
1, 80c
;| 2c
St. Louis Stock Exchange
29%
12%
Jan
Jan
New York Stock Exchange
29% Nov
1%
'A 2 % May
32
17%
|
1
Nov
a34% a35%
a95
■
Jan
a23
2% Aug
522
•
Aug
Nov
a23
Feb
1% July
•/ :■
if Jan
275
60c
4%
1
American Investors common—
a33% a33V*
alOoV
V
10 %
a49
Feb
'
■■k 7
Established
16%
13%
%
Jan
%
Sep
31
Jan
22
1,181
98%' 100
•'
v'Tl'v'
300 North 4th
370
a49
V
Feb
63 Va Mar
ft Edward D. Jones & Co. If
430
a49
I':
24
-
8%
55c
«
St. Louis Listed
12%
a30%
106
351
Oct.
43 Va
;
16%
.142%
.25
—
23 V4
a27% a30%
11%
Jan
101
7
.
1 If '!w-ml
Mining
Shamrock Oil & Gas common
Standard Steel Springs
Westinghouse Air Brake
12%
a8%
-v
7; 60c;if
Corp
1
Co
Renner
22 %
15
30 V® Mar
4Va
.v
3%
;• i
*
Jan
5
'
a54%'
Nov
;
Apr
Jan
442
a8%
.
34% Nov
Jan
■|; 187
8
8V0
1
—10
San Toy
May
"
12
27%
14%
2%
36%
48%
54
4%
16%
.
00
Pittsburgh Screw & Bolt Corp
'
24
a54%
Jan
328
16%
101
.
Pittsburgh Forgings
Pittsburgh Plate Glass
Apr
a 18%
{5
Jan
22%
Jun
'
:
4%
,
Dec
Feb
10%
al8
a54%
26%
48 Ve July
36%
a87% a88
22% May
Jun
260
a22% a22%
Nov
Apr
1,545
10%
14%
v.
63 Va July
a29 % a29%
:
Fireproofing
National
Mar
17%
18 Va
26%
65
8%
8
•
Fuel Supply
Mountain
16% May
10
Jan
30
27
16%
•
t
Manufacturing
McKinney
>28% Aug
Nov
6%
17%
34% July
13%
V
'
High
8%
Star Gas—i—
Oct
25%
al6%;al8
12%
23%
Lone
July
27
a
a87%'
Koppers
39% July
5.
8%
"
30 % May
379
200
]S
Sales
4
Refractories
Co preferred
17 Va' Nov
Dec
235
a 16%
.:
120% Aug
for Week
26 Va
1—10
Pitt Brewing—
July
15
t
a38V4
,10 v
Jan
1%
Low
»
——
Apr
37
.
590
?7%
114%
Range
•
Dec
5%
Dec
a58% a58%
"
Apr
26% Aug
90
of Prices
Sale Price
Allegheny Ludlum Steel
Blaw-Knox Co
Clark (D L) CandY—
Columbia Gas & Electric common
7% May
4%
29%
136
3%
Dec
2,478
23%
5fA Sep
Apr
a30% a31%
175/3
Apr
22 Va
Week's
Last
Par
Oct
20%
180
23
32 Vb
Apr
1 % May
Jan
Nov
393
16%
Jan
16%
Jun
Jan
%
60
a45% a46%
23%
3,742
compiled from official sales lists
Friday
"S"
STOCKS—
15% July
12%
7
3,072
7% Jun
1
Dec.
5
10
28 %
12
«
•
35
a27% a28 %
28%
Jan
39% Dec
Jan
50
a42% a42 %
3%
V
Sep
30
41%
41%
Sep
29%
Jan
22%
420
a36% a37%
ZC~"r5
Telegraph Co,
Woolworth Company (F
111
1,550
v
Dec
.
July
69
15%
' :A
Feb
39%
101
.V
Nov
29%
80
a4%
a35% a357/a
Dec
'July
38% July
Nov
115
a
8Va Mar
Jan
Jan
Apr
20%
13
a80% a81%
United Corp (Del)
6%
3%
12%
10
a58% a59%
Corp
Company—,100
Transport,
5
Corp
~~~
B
A
200
A100
4
-
a34% a34%
a
July
64% July
v
17% a!7 %
a
♦
Railroad
Lines
Jan
Jan
6
Jan
48
Nov
31%
a20 %
4
23
__
41%
Dec ,1
3%
100
465
a60
a20
.1—10
Co,'
24%
156% July
Feb
595
43% July
1
39% Aug
32%
Jun
11%
Jan
130
5%
5%
a46
*
*
,—25
(The),—
Tide Water Associated Oil
July
4c
Jan
25%
25%
a58
a4%
*
*
25
25
*
i
25
(Indiana)
Company
Sep
7c
1.25 Sep
Dec
6%
a36% a37%
•
15
Inc
IV2C
131%
841
a44 % a45%
• '
,
22% Julv
Jan
300
'•
._„,*
& Co
15%
Jan
al56%al56%
Seaboard Oil Co of Del—,
Roebuck
V
Feb
a37% a38%
9 % May
Jan
3%
2%
6,574
2%^ 2%
15V2 15V2
23'/a 23%
..
21 both inclusive,
A-AL'..f •
•
24% July
2c
a9%
a9%
Pennsylvania Railroad Company——50
Phelps Dodge Corporation
;__25
Pullman Incorporated
•
Radio Corp of America
•
Sears,
i; '.t V
May
19% Mar
85c
2c
.xi 'If;7'.,;.; : V,'.y.'rfy-i y
Harbison Walker
18
Socony-Vacuum Oil Co
Railway Co
10-
,
"
6,00Q
1.30
2c
2c
Jan
Jan. 15 to Jan.
V'
Sep
6Va
Jan
6%
35
Sep
39% May
Jan
1%
1,528
Va al9%
19
& Co Inc—:———*
RR
_
•
American Aviation, Inc.
1
Southern
30% May
8%
:Z;
a 19
Montgomery Ward
New
York Central
;
32
Jan
160
—
Corp
Feb
16
5%
*
a37%
* '
*
Great Northern Railway—————*
28%
International Nickel Co of Canada——*
„
International Tel & Tel-———*
12%
Kennecott Copper Corp
—*
a31
Libby, McNeill & Libby
7
Loew's, Inc
,
—_*
Republic Steel
28%
5%
—,
.—L
32% Aug
28%
1.25
4%
*,
10
133
A;
Pittsburgh Stock Exchange
25% July
Nov
1,320 v
Electric
.
Jan
29%
37%
1.25
56 Va July
Sep
•21 Va
37%
—
;
9
2,096
7c
Sep
Jan
4% July
Jan
1,147
Corp
.—*
15%
15%
Corp———--* —
a25
a25%
Commonwealth Edison Co—.—-—25 ,: a25
%
%
Commonwealth & Southern Corp—*
/A
:;v.12Va 12%
Consol Vultee Aircraft Corp
:
1
a5%- a5%
Continental Motors Corp—
—-1;;
32%
32%
Continental Oil Co (Del)
——5
a32%
a 16% al67/a
Crown Zellerbach Corp,——
—5 A:A,
a5% a5%
Curtiss-Wright Corp —.
—'—1 f:
17
17
Class A
1
'
Co
13
Jan
27
*
Car Co—
Jan
4
30%
& Electric
Co——
Jan
7 Va
2%
25%
7c
Sep
43
44
485
45%
Jan
July
17%
2
1,747
.
2%
15V2
23%
7% May
Jan
Jun
27
1,227
Commercial Solvents
American
Westmoreland
30 %
5
Oil
Jun
:
Westmoreland
42
30%
———
Packard Motor
46 Va July
Jan
31%
Borg-Warner Corp —————
Case (J I) Co—.—
——100
North
Ex-stock
Jan
32
l'/a
;
1%
167/aJan
1,221
1 Va 1%
35Va 35%
lVa
35%
distribution—--.—A—-J.-"
Inc A——
10
Coal
——.—20
'5% Mar.
35%
24
_—
Ohio
Nov
$3
55
31%
—*
a37%
100 a.156%
;
14 a44%,
Anaconda Copper Mining Co
—50
Armour & Company (111.)——
5
5%
Atchison, Topeka & Santa Fe Ry—10G
a60
Aviation Corp
;
3
Baldwin Locomotive Works v t c
;_13
a20
Barnsdall Oil Co_,
—,
:—5
— .
Bendix Aviation Corp
—5
Bethlehem Steel Corp—
*
Boeing Airplane Co—
—_—5 A ,, •
Borden Co
.i
——15
'—
North
11% July
23%
Unlisted
& Robbins Inc
Jan
31%
Mammoth Cons Mng Co—10c
Cons Chollar G & S Mng Co—,
-1
Zenda Gold Mining Co--,-—.
25c
McKesson
7%
23%
8 %
preferred
United Gas Improvement—
100 ;■!
,,
11%
3
Jun
500
a23% a23%
11
Sep
6%
Jan
50
-
39 Va
39
9
^
100
3%
Black
.
——*
*
Corp common——
Apr
85 Va July
100
V2
%
lVa
%
Jan
May
33%
337
%
Va
*
,
10 %
67 Va
47
•
17 /17
.. —
-—25
Preferred
,
19 %
;' July
3
14,027
7
■
a437/8 a44%
37
Transit
United
2.10
9%
39
Mining—A
Investment Corp common——25
10
Nov
222
'.
Participating—30% 31
A
Class
Tonopah
44 % July
'
(B F)
'
27% July
Jan
6%
•
,_1——50
—
• /. 33%
34Vs
2nd
50 AAA
28
28
Salt Dome Oil Corp—
——1
AA:
9% 9%
Scott Paper common—.—,
:
.
39 Va - 39 Ve 39%
Sun Oil
:
60 '
58% 60 Tacony-Palmyra Bridge— '
31% Dec'
450
Feb
3
.
46/.
preferred
preferred
1st
,
12 Vs
"y.t
5%
28 V®.
21
24%
118
33%
28 '/a
4%
27Va
20%
24%
118
- 33%
y 27 %
,1.'V.,
,—50
Reading Co common;
Jan
15
Mar
10
470
"
42%
25
Stocks—
Amer Rad & Std Sani Corp—
Amer Smelting & Refining Co
American Tel & Tel Co
—:
American Viscose Corp
Jan
5c
1,000
Feb
8c
123
35%
Air Inc—5
;
1,710
8c
15
30
2
California
8
a30%
15
a30
35%
6%
.;iv^V;9:V
1.10
8c
8c
•
——J
Transamerica
all'/a-
1.05
1.10
—
—
Dec
6Va
A6
5'/aA
27%
20%
24%
118
33%
28 Va
20%
40
5%
1
50
*
"."$1 preference common
—*
4.4%
preferred
100
Philadelphia Electric Power 8% pfd—25
Philco Corporation
—
3
Pennsylvania RR
Philadelphia Electric Co common
13% Sep
87Vac Dec
all %
-
5%
y:
Jan
10
8%
6
Sep
11%
7%
8%
—*
158%
366 A
—
.
Jan
■
—
50
Pennroad Corp
24% Mar
16%
—25.
25
25
Calif Edison Co Ltd
6% preferred class B
51/2% preferred C
_
—
Boutnern Pacific Co
Standard Oil Co of California—.
Co—
Corp
July
10%
—30
—
Southern
Goodrich
4
14
10%
15
53%
"
& Light—
National Power
Feb
65
32
a30%
„
Jun
V
:
85
a9%
31
Union Oil Corporation——-15
Sinclair Oil Corporation—
*
Solar Aircraft Co
—s.™—
—1
Sontag Chain Stores Co Ltd—.
*
General
July
10%
Shell
General Foods
Mar
41
85
1
Aeronautical Co
Safeway Stores
Inc
—
14
v
10%
a8%
85
Motors
Lehigh Valley RR
Jan
49%
49%
•
10
Coal & Navigation
Lehigh
7% July
Jan
9
,
General
;A
44%;,'.
,
Oct
16
127%
585
80% 8lVa
6%
6%
44% 46
41
41%
52% 53%
80%
*
High
Low
11V4 Mar
648
7%
:
6%
V. A; 7%
,,
55% July
Jan
32
Rvan
Columbia Gas
2%
Jan
.
—A
•
—
Battery
Electric Storage
May
39%
Electric
Mining Stocks—
50
44%
—
5
—
common,,.
preferred
Prior
Oct
A 12%
10
Republic Petroleum Co common——1
Richfield Oil Corp common—
*
Oil of
Jan
Jan
1
400
742
156%
Range for Year 1943
}
430
15% 16%
156% 156%
19% 20%
25 Vs 25 Va
66 % July
Dec
20
of Prices
__
Asphalt Corp,
——
10
Manufacturing common—*
Wheel Co
*
Curtis Pub Co
Sep
8
Jan
7%
100
2%
a53% a53%
7%
7%
7%
common-—-25
6% 1st preferred———————25 V
5%
1st preferred
L\
—25
Pacific Indemnity Co
—:
10.
Pacific Lighting Corp common———*
Pacific Public Service 1st pfd
—*
Union
35
3%
48
675
2%
.
a53%
—10c
1 ■>
10c,i
———1
Co
—10 /
Transcontinental & Western
;
12%
35
.2%
Mfg Co
J '
Corporation Ltd
—-—1
Corp common——10
Sunray
567
21%
7%
12%
Finance
Security Co
19 Va Aug
—•
Investment
Pacific Gas &
9%
Oct
—
Corp
Petroleum Co_
Lockheed Aircraft Corp
Pacific
Sep
10%
21%
1
Lincoln
Angeles
81
Jan
Corp———4
imtercoast Petroleum
Lane-Wells Company
Los
Jan
6%
5
•
100
,13
Works v t c
Shares
Low High
Par
& Tel
Chrysler Corp
10% May
68 %
a51% a52%
Ltd class A————-1
Foster & Kleiser Co———,——2.50
General Motors Corp common———10
General Paint Corp common*
Gladding, McBean & Co
Goodyear Tire & Rubber Co
•
Hancock Oil Co class A common
•
Hudson Motor
Nov
45
10
Tel
for Week
Range
Sale Price
,
;
Sales
Week's
-
Dec
15
Jan
7%
530
Budd
Jun
2.05
Jan
75c
300
7%
——*
Development Co
V
:
a6%
9%
Friday
.
Budd (E G)
Jan
a80% a8l%
Exeter Oil Co
Holly
15%
Jan'
Barber
1% July
2
1.35
530
15%; 15%
a6%
-
American Stores—'
Oct
5%
"
Feb
iff
;v: 100
1.35
15%
•
15%
——
America
Aircraft Co Inc—.
of
300
%
:■
1.35
1.35
Chica Oil
Creameries
37
%
■
Corp—
£
Broadway Dept Store Inc commonCessna Aircraft Co
———-*;•
Chrysler Corp
——
Consolidated Steel Corp—
—
^
Bolsa
12%
12%
35
%
;
VA/' V-.'/ J.'VZ.Vr'.;;,;
2%
Berkey & Gay
Blue
'•
4% May
Feb
4 7/a
k
compiled from official sales lists
Jil both inclusive,
High
Low
1.80
*
1
Consolidated
Barnhart-Morrow
STOCKS—
5'/a
1
Corp common——
Barker Bros
:
2%
50o
Accessories Corp
Petroleum Company
Aircraft
Range for Year 1943
High
Low
V
Last
Shares
of Prices
Sale Price
par
Jan. 15 to Jan.
lists
for Week
Range
Last
STOCKS-
finlofi
(AiaAlr'ct
Friday
Philadelphia Slock Exchange
Exchange
Angeles Stock
Los
Jan. 15 to
-
250
584
403
121
50
130
20
30
300
311
250
189
50
170
10
48
9
15
9
-9Va
31 Va 32
115
445
92%
$3,000
.
Apr
July
Feb
Oct
7V2 Jan
20c Jan
3% Jan
28% Jan
4% Feb
15% Dec
9 Jan
38 Jan
14% Jan
.12% Jan
Jan
Jan
11
14Va
117
67/®
101
8%
8%
7%
6%
Mar
Jan
Feb
Jan
Jan
Jan
Feb
85
Mar
24Vt Jan
:
,
7Va Jan
65 July
8V2 May
7'/2July
9% Dec
70c Apr
7V2 Oct
38% July
6V2 Mar
18 Mar
12 Dec
45 V2 July
20 Mar
16 Va Aug
(
16% Jun
40 Sep
,124 Nov
.10% Dec
105 Nov
11% Jun
17 Dec
A.5 July
10% July
34 Oct
Jan
6%
205.
2%
Jan
8%
Jun
a39 %
95
35 %
Dec
40%
Jun
bonds—
St Louis'Car 6s
extended
—1945
92
92
Nov
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
Montreal Curb Market
Montreal Stock Exchange
Friday
Last
Par
Glove
Acme
Works
Ltd
Low
■
Algoma Steel
V
Preferred
■
Aluminium
Ltd
Aluminum
_
Can
pfd
Asbestos Corp
Associated
Bell
&
•'
'
Columbia
Class "B"
Bruck
Building Products class A
Bulolo
Gold
"A"—
Dec
22%
Feb
204
141
14%
Jan
22%
Dec
29
"
.
16%
15%
2,725
7'%
1,447
103
20%
851%
851/4
Feb
60
Feb
3
85
•
Preferred
.
Northern
Canada
Power
Canada Steamship
5%
•
90
Oct
5%
Apr
12
Jujy
Commercial
9
7
Jan
14% May
Bronze
Nov
38
May
18% Aug
22
Jan
5%
7,705
1.45
Jan
6 %
43%
275
27%
Jan
42%
34%
34%
34%
65
—
*
_.
Mar
23
17%
Jan
43
25
Feb
33%
45
1,215
125
Alcohol
5%
Ir5%
.——.—*
—————*
Pacific Railway
33
b
Crown Cork & Seal Co—
vi27iV:/
12
.
41%
405
28%
f
Dominion Bridge
»
—
Coal preferred
Dominion
Glass
Dominion
Steel
Dominion
Coal B
..—25
—*
Dr.vden Paper
;
Dairies
i
preferred..
-
Steel
16
*
Wares
Nov
31% July
Jan
16%
118
8%
3%
3%
5%
50c
7'
Sep
15
v
VV
86%
12%
Nov
7%
•
8
94
Jan
5
94
Gypsum, Lime & Alabastine..
Hamilton
'''
—»
6%
'
W
—
■
Smith
Howard
Paper
Jan
Bay
Imperial Oil Ltd
Imperial Tobacco
Preferred
Industrial
common—
Mining—
108
i
•
98%
United
2,560
12
Jan
7%
23%
24
7
•
13
10
-Feb
15
Aug
7
2%
/• 60c
.L
6%
Preferred
—25
—
of
Petroleum' Co. Ltd.
International
International
22%
Canada com..•
30%
$1
6% :,v
«
22
22
22%
common——..—*
Power
—100
Preferred
22%
23 V
22%
Lake of the Woods common—
Laura Secord
.
1
Candy..,
111
111
•
24%
14
390
V
25
14
25
•
——
8%
Jan
common.—*
2%
2%
625
6%
6%
25
6 %
10
10
6%
6%
Oil
McColl-Frontenac
Mitchell
(Robert)
8%
71
;_—_—_*•
......
16%
8%
17 V
Preferred
Mont Light
50
71
7% May
-432 "
National
common——.—
National
35
35
34
34
41
15
15%
15%
Car
Steel
35
41
*;
,.25
'1
10,627
34
„_—40
Breweries
Preferred
Corp new..._..—*
Niagara Wire Weaving—.—
—*
16% v
16
Oct
Buffalo
Jun
Canadian
22% Mar
36'%
Apr
915
24'.'a
Jan
30
Aug
9Va
Jan
14
Jun
13
50
8%
5,560
14
14
32%
36
3
3
13
13%
300
■
Century
Jan
:i
Jan
21%
112
Jan
July
3%
605
24%
855
25c
25
25c
20
25:;
12%
20
'■
21
'
V
'"-
■'
Ottawa L.
t
1.00
Apr
100
13 %c
Jun
3%
3%
200
1.50
Jan
5%
Jun
^
:'V
23
.1
2]
23
25C
23
390
20%
'
■
Jan
22%
Dec
Jan
75c
Jun
10
Jan
18%
140
15%
Jan
20
870
14%
Jan
22
2
100
V
2
7%
Ltd
Penmans
125
^
Placer Development
25 c
25c
48
xi
4
4%
300
3
123
123
123
10
46
"
•
I'J.V wil*:''.!
common.....1*
S:
Corp
10
.
4 '/a
4
.
Power
of
Corp
Price
&■'
&
%
Paper
Lawrence
St
common..—
Corp
.
'
'
22%
101
5%
105
105
14'/4
14 %
1.75
1.85
31/4
38
Oct
15
'
'
-
Mines
Gold
Gold
1.85
27%
Lake
Gold
,'.
200
Jun
Pato
52
Aug
Perron
Feb
Pickle
45
10
Jan
17%
Jun
Red
v. 100
4
Jan
15
24
Feb
.v;
175
25
6%
87
Jan
Apr
6% July
24%
Jan
Feb
103
43%
Feb
53
366
7%
Feb
11%
125
3c
3c
Ltd—
7c
58c
55c
16,200
9,200
4c
4c
8%C
1 ;•■■
—
9%c
82c
82c
.
Ltd..—*
v
7,600
9c
59c
2c
,
9c
1
9%c
Mines Ltd-.*/
7
1
,4j/2C
Ltd
Ltd— —1
.1
■7:
Steel
Mines
Ltd——
Cadillic Gold Mines Ltd——. 1
Gold
Gold
21
25
10
100
3%
1,895
15%
3,480
130
Wabasso
Cotton
...
Wilsils Ltd
Winnipeg Electric
common..
Mines
Gold
Ltd—*—
5
1.75 Jan
11%
120
Feb
Apr
'y' Oils—
,
.
:
Oi)
'
Pacalta
;
*■?'■?.
4
preferred
preferred
#
Feb
127
Limited—..
*
70
70
155
66%
Jan
76
11
11
Nov
10
r
24
9
43
5
Dec
580
3%
Dec
6
May
58
Jun
'100
17%
18
200
1,115
47
•••
17% Aug
2% Jan
19% Mar
63% July
8% July
65
365
21
Jan
117
60
65
Feb
97
Oct
5
24
Jan
27%
Dec
Abitibi Power &
,
Acme
•
.100
133
133
133
5
128
135
135
113
129
■
Montreal
Nova
Royal
.100
—
Agnew-Surpass
For
footnotes
see
page
379.
Mar
3c
Sep
347,500
2%c
Feb
6c
Aug
3,500
> 3%c
Apr
8c
July
15
11%
Feb
3.95
Jan
75c
Dec
1.16
Sep
63 %c May
1.45
Dec
6c
17%
6.25
•
100,
8c
39c
1,800
8c
4.000
3.45
200
100
3c
16%
Sep
6.10
•:
Jan V
Sep
6%c Nov
2.15 Mar
3.50
Dec
July-
1.09
NOV
1.44 May
2.08
Sep
4c
Jun
4c
Feb
200
4c
8c
18,100
l%c Feb
3%c
.
'
Nov
26,000
80c
1.55
400
3V2C
3%c
1,900
2V2c May
82c
"
*
71c
72c
2,600
;■■■■-*
57c
57c
2,500
65c
Nov
70c
70c
71c "
1,500
36c
Jan
68c
Dec
16c
19c
2,000
12c
Jan
16c
Feb
3.25
3.25
125
4.00
Apr
3.25
60c
200
3.25
3.55
3,125
4%c
4%c
1,000
21
210
60c
3.55
—
>:
20%
v—
66 %c
Jan
38c
Jan
1.04
July
2.60
Jan
50c
Jan
2.66 Jan
4%c
Jan
20
Nov
76c
Oct
4.00 July
6c
Jan
26
Apr
Shoe common
...t
Oil- & Gas Co——
Alberta Pacific Consol Oil——.. ;-l
Copper
Aldermac
»
—i„—...*
Algoma Steel Corp
Ltd
Co.
common...
of
Canada 5%
Mar
82
147
Jan
240
36
223
Jan
254% May
Armistice
137
137
137
118
132
Jan
150
Ashley Gold Mining Corp.———-
Gold
Shares
14c
17c
9%
Lotr
Jan
16,980
5
Jan
33
46
3,340
.31%
;
35
75
10
8c
10c
6,500
12 3/4
12%
1.40
25:
4,675
6c
13
1314c
414 July
Julv
Jun
60
Jan
14c
Nov
14
Mar
Jan
1.60
July
Sep
Feb
14c
12c
15c'
High
70c
3%
9%
Range for Year 1943
Hiah
3
■
.
2,340
9c
Jan
17c
17c
3,794
9c
Jan
21c
Aug
10 %
60
8%
Dec
11
July
Jun
365
————
-II
99
89
300
99
Dec
102%
Feb
47C
Jan
84 %c
Jun
Jan
7.10
Dec
133% Mar
95
96
97%
60c
64c
18,000
6.25
6.25
6.50
21,310
15 %c
14 %c
16c
35,900
12c
Dec
33c
July
47%
Aug
160
151
240
Aug
of Prices
64c
Anglo-Huronian Ltd———
—1
Arjon
Gold Mines——:—
150
for Week
•95%
—
151
Sales
Range
1.16
45c
52c
41,300
35c
Julv
60c
Oct
8%C
5%C
9C
23,300
3c
May
5%c
Sep
pfd. TOO
240
official sales lists
Week's
75
/ ,AJax
144
Jan
33
12%
Anglo Canadian Oil.————-
133
Exchange
Funds
Low
3
9%C
.100
—
"ioo
CO—
.100
——
lc
1.06
.100
& Oil
Gas
.100
....—.
Scotia
•'«
—.—..—*—
*
Sep
Mar
'
Commerce
Paper common™,
preferred
7% preferred
6%
Aluminum
...—
20,000
4.70 July
Jan
2.04
Par
Aluminium
Banks—
Canadienne
Oct
3'/4c
1.60 Aug
t,
Jan
1.06
Sale Price
STOCKS-—
Apr
27%
27c
3.15
2.00
Last
9% July
41/8
51
63%
Jan
6c
Friday
Jun
7%
50
27%
18c
80C
Canadian
Dec
115
21c
500
Toronto Stock
Apr
27%
100
13,600
Jan. 15 to Jan. 21 both inclusive, compiled from
' Apr
64
29% Aug
31c
3.45
*
Royalite Oil Company
Sep
72
117
*—...4—25
1
44c
1.50
—
*
Oils Ltd—
Nov
11%
100
—... ...
Mfg
Zellers
July
Dec
Feb
Jan
July
Jan
—.—.—..100
Preferred
Woods
"
7%
8c
4c
19%
80c
75
200
''A,
Lta_.
Co
18% July
130%
Dec
.
Jan
3.80
6.25
1.06
Exploration Co Ltd—— 1
Hargieaves Mines Ltd.,
-*
July
9%
6%
Jun
6c
7..
16,000
f'r-y:
8c
1
10
59%
*'•
4c
Apr
Aug
10% May
90
—.:
Feb
4c
31c
'
Ltd—.1
Mines
Jan
8% Mar
70
.
Sep
1c
2c
11,200
8c
.6
471
*
—
68c
..
5%C 13%C
:
Mines Ltd
Gold
Crest
Jun
64
,—_.—_—*
Feb
Mar
2%c
V
•"•■v'-'t"—'
————1
16
10%
,
2c
39c
'•
17%
Mines Ltd—.——!
Nov
10%
4
Jx-.)
Ltd——1
Dredging
Mines Ltd
Gold
12
285
7%
Aug
3.80
>
,
44c
1
Home
64
4%
'i.%.
" /
Anglo-Canadian Oil Co Ltd———-*
10%
Corp
.
V.
Crow
Wright
10% July
64
Rapid Transit common..
City
y,'*!
; 8c
—
Dec
United
July
1.25
4%C
4
Dec
13
^
Feb
7c
40c
10,600
v
12c
1
Ltd.——
19% July
114
•
3c
62c
Aug
.Jan
16,000
300
29%
33/«c
93%
5
•
12c
1.25
.—.——-I
—
Jan
128
'"t.
8C
7
7': 3%c
Jan
128
•fc.'^'
,
.'V;J;
_1
Ltd—
Mines
5c
29%
■;
0
Jan
128
Wm. '
■
Ltd.—*—II—III1
Jun
■
2c
2%c Jan
1,500
V
4c
3c
•
,7-
T-*
Ltd—
9%
47%
common——...*
2%c
4c
Ltd—— i
6
62
5,400
19%
new;
Dec
Oct
Sep
Sep
Fen
Brothers
May
V
•
1
Sladen-Malartic
Aug
50
;
93
Oct
Twin
Dec
2
21% Aug
Towagmac
32%
Tooke
12
Jan
65
Mining Corp Ltd—.——.*
Cons
Siscoe
Apr
14
*—.—25
Mar
1.25
Jan
Shawkey Gold Mining Co Ltd.,
1
Sherritt-Gordon Mines Ltd.—.—---1
8% May
87
715
Preferred "i———
9
250
Mar
Jan
*
Mines
O'Brien-Gold
18
2,417
Power.—.——
106
19%
I"
Moffatt-Hall Mines Ltd
Normetal
.
25%
Feb
16
Canada common——
25
Jan
47%
Lamaque Gold Mines Ltd—
Pandora
53
Canada
Feb
102
39
•
90
Ltd
Mines
Gold
Shore
Sep
15
Co.' of
Feb
265
Jun
50%
Southern
4
,7%
21
Kirkland Gold Rand Ltd
16
Steel
May
55% July
4
Feb
59
1
Joliet-Quebec Mines Ltd
Oct
53
Paper preferred
Oct
7
Mar
20%
——
Mines
Jun
.100
Lawrence
Dec
58%
Mines
July
Shawinigan Water & Power...—
*
Sherwins Williams of Canada pfd—100
8t,
49%
58%
> V'
Mines
22
Jan
135
15
Dec
Mar
20%
Mines
Gold
Ltd
Gold
Consol
Oct
95
130
1
Nov
25c
——*
Mines Ltd...
Gold Mines
40
21%
3%
15%
—.—^50
Mills pfd—..100
Flour
Mar
67
...
72
126%
15
9
V-
July
%
.
Mines
22
7
7
common.*
—
J-M
Nov
21
■ ■
""
_•
common
preferred
A
Lawrence
Jan
Feb
12%
r
Class
St
16%
68 %
120% Mar
93
'
13
—*
—*
Regent Knitting common
Jan
20%
'it'-/" 1" "
■
*
Quebec Power
Rolland
21 %
•
Sep
July
1.75
Feb
45% Mar
10
20
;
.
"B"—„*
Worts
10
July
9% July
12%
86
7
*
100
6%
i
Sep
11'%
...
V
Jan
Sep
11%
common
5%
34
50
—
25c
25
5%
Limited.——*
Francoeur
41% Nov
50
Ltd
preferred
5%
1
.•
.100
pfd
Falconbridge Nickel Mines Ltd.
36
————*
Canada——
& Co
Bros
5%
•••'
-_*
new
Jun
Jan
150
1
1.00 Mar
7%
f-Xim- ■'
,.*
Nov
Feb
97
——_—
25
7%
pfd—100
"A"__
*
14
Jan
97
common
Oct
15c
25c
,
3%
1.50
15%c Aug
21
25c
48
26%
36%
—.—_——*
Tubes
20% July
Jan
16
15c
common..*
Jan
24
7%
86
Oct
July
15C
pfd—...100
Jan
9%
26
<
24
7%
86
—100 I
—....
Page-Hersey
7%
Power common.....100
H, &
Preferred
20
1.75
cum
Ltd
Malartic
Eldorado
180
-
Oct
75c
;
Jan
12 %
2,430
Jun
24%
'15c
Company.——*
Corp
Dome
7,610
5
Mar
Jun
6%
.
^
Jan
'
Ltd
Mining
Dec
1,327
5
:
Ottawa Electric Rwys—
2% Nov
19%
Dec
May
y. 4%
f, 2% Dec
3%
Dec
13
35
Jan
20
-
7%
Feb
12
14
25C
24 y4
20%
5%
Gold
Dec
2
60
275
.
V
13%
25
24%
»
A
19
Gold
1,512
24
Aircraft —————*
Ottawa Car
"
3% Mar
325
35
19
Cadillac
51%
25
Jun
155
19
Cartier-Malartic
16%
51%
25%
—
2%
26
17%
Power
Canadian
24
'
Feb
25%
50
*
Ogilvie Flour Mills common—
._.*
Ontario Steel Products common—..*
Noranda Mines Ltd
15
21%
19%
Sep
6% July
Jan
1.25 Feb
•
10
21%
Apr
28%
17%
'
Bouscadillac
22%
*
126% 126%
—.—100
Heat & Power Cons—... •
Montreal Telegraph
•
100
common—
——:—
Jun
6%
12
28%
13
....
Ltd...
<3old
Central
19
718
.
K
Cottons
Montreal
.
24%
28 %
7%
Bidgood Kirk Gold Mines Ltd
13
.
July
3%
Feb
3
Apr
Apr
12
Feb
8
50
—20
Beaufor
Jan
23
98
50
:, v;.
6
;
23,627
2
—_•
12%
NOV
Vfr©
495
v
I6V2
*
-i
9
8%
87/B
—*
—
7%
77
2V4 May
33
6%
2
Ltd.—
Co
100
'
'
Ltd—
.
Mines
Arno
Howey
—
Jun
50
Mines—
Oct
Oct
'
Massey-Harris
10%
12
preferred—.:
v"
;
39% Mar
17
1,080
i/V 85 '
111%
Jun
12
6%
17%
Brewery
cum
20% Mar
1,683
•
May
10%
Jan
Limited
Walker-Gooderham
„
28
80
31
3 %
Jan
"
22%
,30%
Oct
Jan
2
543
1
International Nickel
19%
85c
2.350
Jan
■
6%
Aug
Mar
'
Paper———*
Ltd
Co
Jun
10 Va
169
Jan
17% July
Jan
10
y
Jun
32%
Jan
125
13%
4
15%
60c
19
Apr
'
Jun
T07
10% Mar
1,100
'V 525
Jan
8%
2
Corporations class
16% July
Feb
-
148
12% Aug
Jan
27
35
11%
131/*
24
common...—...*
Bronze
.
920
'}■
14%
7%
———£1
—.
Acceptance Corp com—..*
International
Jan
-•
:
29%
10%
11%
12
and
Walkerville
7%
Jan
Dec
35
Sep,
July
1.75
Power
Grain
Sep
8
Jan
1,320
108
14
14
•
common—5
—
Can
4%
8.90
275
29%
t :
•:
••••
1,560
:
14%
108
29%
*
of
405
7
5%
12%
14
——_——.-100
Preferred
Hudson
...
5%
12%
...—.*
Bridge
Hollinger Gold Mines—c_.———5 k
15
30
2
10
Bridge
Oct
110
20
152
3%
SouthernGanada Power 6%
'
16
10%
152
Paper Co.—.*
Aviation
Reliance
110
25%
...
Island
Oct
101
75
Manufacturing 7%
Sarnia
Jun
Jun
230
Ltd
&
&
Distillers
Quebec Tel
Sep
14%
Jan
91
?
Power
Noorduyn
91
10 %
...»
Power
July
107
.15%
*
pfd——
Corporation
Paton
Aug
16% July
11% July
Jan
465
'
108% 109
Apr
25%
Jan
72
13
Moore
44
51
50c
Insurance
Preferred
\ 5% July
.
Mar
14
570
9
1.45
22% Aug
36% Jan
54%
:
Montreal
26
17% Mar
*•>■. 16
7
100
J) Ltd...
John
Melchers
8% Julv
Feb
21
-V
Mar
17% Mar
55
115
Limited..—5
Massey-Harris Co
Jun
81
Jan
,
•
50
vVl;V>5s;:
12
12
109
Nov
V.
225
July
55
1,233
99
"B"—
B
MacLaren
9% July
Mar
,
25
16
10%
6
Class
Lake. St
Aug
11
Jan
72
980 :
:•
■/£.:
70c
Nov
5%
V
192
86%
t
—100
405
286 V,:
<
72
■
7%
:•
Jun
126
Dec
118
1,427
9%
•
11%
5
7
8%
9
■'
common—1—
V
8%
15%
ic
"!■ '■**;
——100
Preferred
22
470
„:/••■ 25
Players
Gatineau Power common—.—.
705
70c
'
•
;-—*
Canadian Corp..——*
Foundation .Co of Canada—'—*
Sep
13%
(A
Fire
■
22% July
■
common.—*
Ltd
Canada
:
no
'• 'V w-'
Company....10
Hydro-Electric Securities Corp.—*
International Utilities Corp A——*
Oct
25%
v1', 7%
English Electric class "B"
Halifax
Jan
of
11% July
8% Nov
99
•3.152
Co Ltd
Aircraft
Freiman
July
33
72
7%
—■
_—»
•
—
;i
72
July
29
41%
9%
8%
46
Jan
; •
8'/«
''
-I*-''
Chemical common—*
Dominion Textile common............*
Nov
27 % Mar
Jun
22
8
8%
13%
2d
13
118
•
Foreign Power Sec Corp Ltd—__—_*
Fraser Companies, Ltd
._*
Voting trust
*
37%
"7
Paper
Sep
110
'
16
Ltd—*
Aircraft Ltd
12% May
Jan
1,055
52
Ltd
Alcohols
Motor
Jan
'■■■P
97
"B"
,
common.
Products
Ford
Feb
Feb
321-
:
.100
Ltd
Fleet
:
:
Dec
11
29%
35
25
:
13%
Nov
730
29%
100
Ltd
Stores
Tar &
'
25
r
—25
common
&
I'
34%
'
Nov
6
27%
Jan
5%
17%
7%
22%
Company..—L
Woollens
Fairchild
7%
175
35
Apr
'
265
40%
Dec
;
Jan
21%
^
■'
East Kootenay Power 7% cum pfd—100
Eastern Dairies Ltd 7%
cum pfd—100
9%
4,147
'■
28
I.-.—
pfd
100
pfd—*.100
preferred
Dnnnacona
July
6%
Jan
12
•
40%
*
Dominion
3%
Jan
3%
f
1,450
\ll:<-
Distillers Seagrams common™,,..;
Dominion
/34S,..:
28
::
28%- /
Mining & Smelting..
'
425
10%
Glass
-
175
5%
12
25
Consolidated
Consumers
5%
:v-Y5-%
common
—
*
General
22
25
Canadian
5'/e
22% ;i VV 30
9%
24
Power Co...
Frere Limitee
Dominion
Seu
39
Locomotive
Ltd
Oct
39 V2
25
Cockshutt Plow
Famous
277/e
Jan
25
Ind
July
Dec
45
Canadian
12
Jan
27
.....lo0
"B":
Class
7%
"24
175
&
227
44
Dominion Engineering Works Ltd—.—*
Dominion Oilcloth & Linoleum
—*
■<"
720
M
«:
Foreign-Investment com....*
Canadian
•Eastern
38%
22%
u-1 *!■£><
■
9
26
38%
25%
*
"
—
665
8%
25%
9
...25
common...,
:
David
10%
7%
Consolidated Div Sec pfd———2.50
Consolidated Paper Corp Ltd
•
':
Nov
5%
cum
Catelli Food
Oct
41
common—,r_*
—_
Celanese
Canadain
■
5
~5%
V
Canadian Converters
,
145
18%
43%
common:
Preferred
Rights
■X :■
34%
18%
•
common.—,
Canadian Car (6 Foundry
New
34%
.
July
20%
Preferred
30%
569
—*
Breweries
Canadian
11%
4
5
Mar
2,035
11
34%
:
Cable class "B"——*
Preferred
Canadian
:
.
8
7%
8
11%
50
—
90
-90
•
common
preferred
Canada Wire &
Canadian
luu
__
7%
Investments
Vickers
Nov
7%
Oct
NOV
24
Marconi
Canadian
62
122
2%
44
Light .&
Dec
Feb
Dec
431
20%
Canadian
26% JOly
5% Jan
10
21%
Canadian Power & Paper Inv Ltd
pfd.*
5 7c
cum.
preferred
—.*
83 :•■
•
4% July
32% July
3%
21
Canadian
106%
Jan
20
50
■
High
Jan
3
.:y.±Z''y
...—
.20%
v'r;:
:
92
220
104% 107%
105
'
12%
109%
65c
'
Industries
Sep
15
100
1
20%
General
8%
8,760
62
110% 110%
7
Dredge & Dock Co Ltd—*
18%- Sep
Jan
34%
•
Canadian
Sep
Feb
31%
———*
Canada Wire & Cable 6%%
Jun
12,299
...*
Sugar Co.—
Canadian
9
4%-
Packers Ltd...
Dominion
Low
3%
33
•
5% May
.
17
11%
Ltd
Canadian
Jan
13
260
&
Co
July
Mar
5%
165
.
Jan
2
250
3'/4
8%
Columbia
Canada
Oil
Range for Year 1943
High
3
^—100
Canada Malting Co Ltd
Canada Northern Power
Sep
Sep
28 %
236
6%
r'-Il-.V
158%
Jan
2,716
3%
British
Dec
15%
American
Shares
62
.—100
Pfd.......
British
25% July
Jan
15%
.k
Sep
Nov
21
Cum.
•V
3
Ltd 6% cum pfd—...—100
Bathurst Power & Paper Co Ltd "B".»
Beauharnois Power Corp Ltd
....*'
Brewers & Distil of Vancouver Ltd—_5
Feb
48
15
16
*
—
Sep
1%
Low
common..—..
Aluminium
May
103%
Dec
46'/a
133
7
12
155
8
common—_100
99
1,626
-
24
_6 %
8%
365
15%
23%
.*.5
11 Ve
2,480
22%
22%
23%
'3%
..100
class
Canada Iron Foundries
10
22%
...
Preferred
Canada Forgings
196
"'-i
—*
.....
Dredging—
Canada Cement common—
97
48
155
*
Mills....
Dec
23
V
—*
—.
Silk
88
15
■
*
:
98% -V
249
21%
'
Pwr__—a—.*
Lt &
Power Class A.
July
Sep
22
15%
Telephone Co of Canada—...100
British
V,
22 >%
Paper class A..—•
Brazilian Traction
Feb
90
96%
'"*>.■/;
.
•
common..
14
11
Jan
48
'
/*»*•
a_———:_—_*
—
Breweries
Bathurst Power
JanFeb
280
for, Week
of Prices
Par
Abltlbl Power & Paper
6% preferred
Nov
82
25
10%
90
,
95%
96
'•>
Nov
70
•30
13%
10%
—100
50
Anglo Canadian Telephone pfd
13%
90
common—a../—,.,.—*
of
Co
—
70
35
75
V'
Sales
Range
Sale Price
—
—*
100
;
com..--.;
——_
74 «/2
13%
pfd—100
Agnew-Surpass Shoe common.:
*
STOCKS—
Range for Year 1943
Low
Htgn
Shares
High
75
6%%
Week's
Last
for Week
Range
of Prices
Sale Price
Friday
Sales
Week's
Funds
Jan. 15 to Jan. 21 both inclusive, compiled from official sales lists
compiled from official sales lists
Jan. 15 to Jan. 21 both inclusive,
STOCKS—
Canadian
Funds
Canadian
'
3.00
Oct
Monday, January 24, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
Sales
Friday
Mines
Astoria Quebec
pfd-100
Proprietary 5 'lo
Mines Ltd
Gold
Aunor
Montreal
Nova Scotia—
of
Bank
Bank of
of Toronto
Bank
152
Preferred
—■-£>«
__,.x——
•
B
Class
Bidgood
Klrkland Gold—
Hats
Bobjo
Brazilian Traction
11%
Sep
26%
Dec
2,445
14%
Jan
28'A
Jun
7%
7%
7%
80
5'%
Feb
8'A
Nov
21%
22 VB
i,295
ft/ /ft 305
17%
Jan
22'/a
Jun
17%
Apr
2 7'/2
Oct
21
Nov
29
23
23%
24%
240
78c
70c
81c
85 ¥2 c
86 %C
91c
79,558
68,175
ft';.
(
6¥aC
8c
9 Vic
17
367
■/ft"
"
3c
9%
9%
24%
24%
24%
10%
——
10%
10%
ft
—
9,800
21c
9c
2,500
5c
6V2
145
'Aft 11
41
8%
12%
8%
38%
—
—:—:—.
Co
Federal
25,000
6%cJuly
14c
Aug
35c
14,600
10 %c Jan
47c
May
1.49
115,066
65c :
Jan
2.14 July
1.55
215
1.51
Dec
2.65 Aug
1.86
1.93
Jan
2.09
Oct
12
11%
Jan
31c
75
5%
1.38
1,400
80c
1.58
18,830
85c
Jan
/ft 15
15
15%
90
40%
133
34
1
1
80c
■
'
Dec
38% July
May
1.25 July
31'/a
300
50c
20
2,500
■10c
Jan
70c
80c
90h
50c
Feb
3'Ac
*
—i
2%c Dec
Jan
41%
Oct
Jan
29% Aug
3%c
2.000
35
.200
28%
29%
977
18%
25%
160
162
4c
142'A
Jun
167
162
20%
Jan
50c
55c
60
50c
Feb
31
31
y. 5
22
Jan
8%
8%
425
7
Nov
11'/a Juiy
8'/a
10
9%
10
450
5Vz
Jan
10%
8
8
160
6%
Jan
4%
4'A
4'A
275
13%
13
13%
360
2%
1.90
1.90
2.00
39,130
14%
30
12
Jan
31
25
20
Jan
4y4c Jan
1.09
80c
600
29
•
—
__—J,
—
footnotes
1.82
,
see
page
I
379.
210
84
6%c
5%C
7c
1.00
1.00
1.00
24
24
24
,
42c"
4.80
Jan
30
Mar
21
3
3'A
74
24
24%
46,200
17
A
,
5
1,315
Lake
Lapa
86%
Leitch
39 %c
46c
297,825
9'A
107
86 %
86%
65
77
Jan
100
101
.3.65
3.60
MacLeod-Cocicshutt Gold Mines
1
2.42
2.42
Mines
1
Mines.
Madsen
Manitoba
Leaf
Preferred
Red
McKenzie
Gold
McVittie
Graham
3c
ft 10
6%
ft'. 15
8c
- •
9
21
72.200
8%
21
Mining
Moore
4ygC
Light
7c
8%c
24c
preferred—ft—100
79
_i
Power
;
.—ft,
21%
Co
Ltd
1 75
ft;:
8'Ac
A—~r
' 18
15%
15
National Steel Car^
National
Trust
Negus Mines
Nipissing
.-'
1
Mining
Corp
North
Star
Oil
Preferred
O'Brien
Okalta
—A——
Gold
Oils
_>-
Mines
.—ft—
J*
\
Gold
Mines
Paymaster Cons Mines Ltd
Gold
Perron
Gold
Pioneer Gold
,Porto
Rico
Powell
5%c
l.'
Mines
Mines of B
.;
C—a
if
preferred-A—aA——100
19c
Sep
21c
Oct
/
ft-ft .,2.40
118 ft. 110
ft
1 35
Metals
of
America——-AAftftlA7.ftft 6%'
East Dome Mines.AftA
—.3 ft
Prospectors Airways !Ai_Aftft—AAA— ft* ft
Queenston Gold
Quemont
Minesi.A—A-A—
_i
Mining 'Co__A A—•
Reeves-Macdonald Mines—Aft—-1
Gold Mines,—.
Silk
ft..A——1
Mills../_aa.—AA-aA.'•
Roche Long Lac
,
_____!
Royal Bank of Canada
100
Royalite Oil Co____A—x__ft___»
Russell
Industries
common—
.—10
.
! 4'/4c
•
■
.
2,525
7
453,994
ft-' 500
19,000
4%c
24
125
'
16,800
9c 10%c
974c
:
55
138 ft
136
138
3%c
3%c
4c
9,500
2c
July
14 V4C
12c
15c
209,600
3c
Jan
4'Ac
2%c
5c
21,500
lc
Feb
4'Ac Aug
!5c
Aug
3%c Aug
a.a_x—ft-—i„.100Gold Mines.—.—
•St Lawrence Corp
San Antonio
Gold
1
-common.—.ft—a*-'
Mines
Ltd
_i
—
21
20
19% -19%
200
3%c
-
200
2.85
106
1.50
Apr
Jan
50c
ft. 1.45
Sep
Sep
Dec
Nov
Nov !
July
Jan
11
58c
Jan
4
Jan
1,15 Sep
9- ft. July
// ft 6
ft
2.50
: 1.72. Jan
20c.
ft
Feb'
31c
Jan
_
*
Sen-
23c'
Aug
78c
Dec
3c
Dec
12c
Sep
25c
Jan
35c
Mar
2c
JVIay
22
3%c
Jan
Jun
132 ¥2 May
9'Ac
25
10c
Apr
July
Dec
150'A Aug
26 ¥2
July
Nov
ft/'ftft 5
15
Jan
22
Aug
56
152
Jan
205
Aug
270
.
5c
10,000
—
3
3%
130
3.75
3.65
3.80
23,380
__
Aug
Nov
2.10
Jan
>
Aug
5%
19%
»
ft Preferred
St Anthony
;
Dec
1.10
Apr
-'ft 52c
1,000
35c ft 35c
39c
Jun
1.25
31.6Q5
148,681
1,07 '
May
100'A
1.41
6V2C Nov
4%C Aug
1.28 May
105'
62'A'c
19c
a
74c
'
J
Aug
ft
Jun
ft-. 2,800
•
103
Jan
4 ¥4 Aug
6,500
'
2.75 ;
4%c
24
24
6% 4
'1.09
7
97c
1.01
56%c
__7
a
.
35c ft' 35c/
'35c ft'
'ft
Dec
Jan
•
Feb
Nov
Nov
17¥ac May
•ft" 4,500
-
* I2.6O
2.65
20%
1.40
1.34
9c
1.25
3c
I
Oct
Sep
*1.25
57c
2c
Dec
Nov
7
88 ¥a
34,950 ft
,
1 30
1.45
78o
ft 64c
Dec
47c
100
Sep
Nov
5
Apr
68c
15,415
2.22*
/•ft-.
90O
2.45/
".'/■A; 170
118
2.00
2.18
,
2.00
.2%c Dec
55,775
Oct
1.10
Apr
2%
206,715
V
434.
Apr
Jan
"
Sep
1.16
Mar
1,000
,
Aug
4%c Aug
May /ft.
38c
I:
Sep
52 ¥2
A
8¥ac Jan
25
4%
' 1.05" 1.15
1.07 '
—_l ,ft
500
Sep
1.95
Jan
tolc
17.412
42c
32c
40c
.
ft:'
RouynAGold-A'—A——„_l
Reno
29'Ac Mar
8%c
1
—
47c
67c
ft ./. 3% May
ft/13.900
97 ft .97
1.32
1.42
8'Ac 8%c
5%c 7%c
Voting trust AA—aLA_A—
—.ft 1 28 A 1.24
Corporation:AAA—. ' "6%/6%
Premier Gold Mining Co.A—A
—1
__v ft
1.05
Riverside
Apr
47c
Apr
Oct
167
.
Jan
65
/ft
Jan
Feb
1.00
ft. 24.900
75c
Power
Sep
Jan
7%
70c
1,32
Mines.—A_A__/AftAA—ft1
Pickle-Crow
Sep
Jan
7
ft 3 i/ae 4%c
47c
11 •
Mines.—
Oct
20c
60,370
Peoples Credit Securities.^
July
] Oc
52c
——A—_x—97
Gold
15%
74c
25
ft'72c
Ltd.—•
Oct
Nov
1.05
3.100
44c A
Oct
ft/
22
40
48,870
68c
7
4i/4C
*
1
:_A_^___
Mines
Malartic
4%
1.55
65c
47c
..ft
»
—
Cadillac
4%
1.48
A
Oct
Apr
lie
2%c
ft
9,642
ft
xA
1.4s
Dec
29
Jan
90
_1 ft. A
—
Refiningi
Porcupine
Pc
12c
1.25
68c
Petroleum
14%
2,500
120
10
Jan
35c
2,600
125
v
j
—
&
Page-Hersey Tubes
Partanen
61c
5
—...A—
Mines..
Orange Crush preferred
Pacalta Oils
Pandora
59c
—x—
Omega Gold
Pamour
Aft 78c
Dec
125
3.233
79c
Dec
11%
78,100
9%c
Oct
1.75
9
6c
6,715
2.50
49 ¥2
,
12
7
59c
—* AA
common.—
■
Nov
Jun
Jan
6
6,100
11c
81c
ft;
Ltd—
Northern Canada Mines
///ft':
27
Mar
25'/4
1,745
51 %
J%c
ftft.
Norgold Mines
2.12
Jan
110
64c
51%
-
Oct
.
Oct
Apr
46 ¥4 c
5 ¥4 Aug
500
'
;:
18'A
15%
60c
2.45
„5
Mines
A
18
44%
95
Nov
2 29
80
ft
Jan v
1,175-
Nov
Nov
24c
Jan
Mar
25c
8c
9% July
28c
50
.
.
Dec; ft;
1.22
65
Aug
25c
Feb
2,994
161% 161%
.———100
A.:
——
Noranda Mines-A..——a-—AftA—ft,—_*-•
Normetal
8'Ac
25c
5c
Jan
18 l/aC
355
10
1.55, Nov
Apr
4
875
28%
...
'
5c
11c
a:
Sep
58
Jan
12,620
10
109%
27%
10
20
National Sewer Pipe class
.Tan
43,393
14,500
1 70
common—'
National Petroleum
42c'
48
July
9% July
100
22
48%
1.75
19%
48y2
Jan
22
105 ft Dec
19,875
3gc
4ic
•
L_;—.10
Grocers
Preferred
.
July
l¥»c May
513,100
.
Oct
10
83c
175
40c
77
common
Preferred
National
7 Va
ft 32c
'ft 1.86
34c
Jun
Jan
Feb/,
57,500
2.15
79
714
>ji/2
Jun
A 6c
61
4.7
16,100
2.04
9'/4
17
h
-
Nov
Jan
10,600
21c
Gas.-_._A_-—*'ft
&
14 ¥2
715
3%c
8¥a
92% Jan
14,305
8c
•
Heat
r,
6
23c
•,
Muirheads Cafeterias common—A—A*
Corp
5 ¥2
Sep
3.75
Jan
Jan
Dec
1.63
Jan
4%
55 /
1
Canada
Oct
3 V»C Aug
2%c Mar
75
'
—
&
1,145
ft//
Oct
4.00 July
2.40 Sep
Apr
10 ¥4
A
130
59
1.40
6'/4
5,525
1.49
5c
1
Porcupine
Montreal
58%
I.43
A.
NOV
%c Jan
150
////,;
.59
!
1.65
,■' 30
105
1.07
22%
Jan
70c
25
I
•
..
8 A 8%
5
a.
Mines—
Mines—,——
Monarch Knitting
Aug
' 20c
104
*
Mines—..
Oil
of
Corp
Moneta
*
20
Mine?—Aa—
Mid-Continental
Sep
5'Ac Nov
20%
II
'ft
-V
100
Mills
Mercury
11 'A July
May
10
6%
14%
7c
8%
6%
14%
1
Mines
Gold
McWatters
Feb
12 %c
2c
common
Lake
McLellan
May
%c
2%c
——
Porcupine
Mclntyre
8
20c
——1•
x—
Preferred
85
19c 22
21,610
common
Frontenac
McColl
Oct
16c 18 %c
21c
ft 41,400
—
Massey-Harris
45"
lc
13,775
1.73
Sep
24 ¥2
/ft
Apr
t.51 Mar
2.50
*3.60
*
Maralgo Mines
Jun
7,655
1.68
Preferred
1.27
2.30 Jan
3.35
*
common——^.♦A'
Milling
ft-
Oct
14
4¥aC Dec
»
19% Feb
18
3.40
Maple Leaf Gardens common
Maple
67c
150
Nov
9%C Feb
..
Jan
36.600
1^71 ft;
Mines
Eastern
&
60 %c
—„_:1; A
Gold
Fields
Gold
150
4.001
Lake
Red
Malartic
Ltd
May
9% Jan
lc
Jan
Sep
Sep
6.10
61
3%c Jun
17,350
22%
3.70
22%
16%
Jan
54
Sep
-
ft: 1.40 Aug
r
Jan
3.65
Aft 175
i
Macassa
95
4%c
23%
_
22%
'
9,200
23
1.21
1.10
•
12%
6c
1.08
1.21
•
10%
2
4%c
1.26
1.24
3%c
•
A
Class B
12
4c
7c
class
Sep
May
765
Dec
95c
13c
8c
Sep
Mar
40c
;ft
40c
56,150
ft,
Aug
2 V2C Aug
10 '4
Jan
81.700
4c
_
,
39c
3c
Gold Mines Ltd
Groceterias
Loblaw
__
9c
ft
Aft
Jan
1,675
8%c
Nov
Jan
55c
1.585
6.30
60
8%c
14%
13%
1
1 ;•
Gold Mines, Ltd
Little Long Lac
17%
6.10
60
6'Ac
13%
29c
20c
1.000
Feb
3%c Oct
%c Jan
3,500
6.20
Dec
10c
Jan
4.75
113,985
16% A? 16%
July
Aft 23
l%c May
6,100
ft
24
.
6,043
82c
__
1
—*
100
—i
—_3
Ltd—
;
50,800
1.07
39% Apr
y
July
36,400
80c
1
Mines.—
57,816
10'Ac 10%c
__
lc
/
July ft
ft 100
Mar
13c
3,266
40c
93c
99c
Mines,
/
July
4%Ci Oct
1,000
Oct
July
100
Jan
6
Sep
.■ft. 17
Jan
100
Apr
66c
Mar
17
Feb
7V2
29
27% Nov
1,885 /
.
12%
10% Jan ft
90
Jan
90
Sep
17% July
ft ft
Jun
28% Sept
1,530
ft/ft
a
Jan
26c
Oct
Dec
185
Mar Aft:
6%
' a;A
:
so
35c
40C
Preston
247/s
10
600
17%
Dec
11%
-
Sep
73%
J an
155
30
July
■ft' 32% Mar
17% Nov
Jan
..
1,450
.
3c
1
——
Lebel Oro Mines
Pressed
Jan
7c
9.10
7c
1
Banking & Loan—
Cadillac Gold Mines—
95
12%
''
ft
3,289
•
2%c 4%c
27c
36c
/
6c /, 7c/
2%C
3'c
9.10
9.45
3c
,
1
Mines
Bay Mines
Laura Secord Candy—
Dec
19%
Nov
Shore
1.00 May
24
7
55
6c
27c
Landed
7%c Aug
Feb
May
Gold
Lamaque Gold
Dec
Jun
25
48
31
22%
23 %
1
1
a——i
Lake Dufault Mines Ltd..
Dec
12
7' '2
<
Lake
Sep
4%
77'A
75c
18c
Jun
ftftft
ft Aft A
99%
_a: " ' 5%c
"
•
——
Mines
Kirkland Townsite
Jan
Dec
2%c Jan
Mines
Kirkland
Sep
Dec
9'A
—1
_i
1
1
585
2,322
3.10
Jan
.
30%
22
23'%
22
23%
——1
ConsolJ
Hudson
32% Mar
3
7%
11/
7%
•
99
99%.
lr
Kerr-nddison
Sep
Nov
—•
•
Petroleum
Klrkland
Nov
1.64 Aug
•
.—'—50c
Mining
■
80
1
Mines
29
5%
29
4%
24
—i
M
Pacific
16%
Apr
3.95
Gold;
Jason
July
34
*
—30%
common.
Mines
Jellicoe
J
21 %c July
Feb
3.70
•
Jacola
14% July
28,600
Nickel
Mining Co
Pacific Oil
11c
10c 11'Ac
Waite
8
Jan
Dec
•
—*
—100
100
Jack
July
Jan
Jan
Shops
Jun
;
International Utilities "A"
10
Feb
3
1.31
Nov
34
8%
ii,000
31
Dec
4c
14c
13c
lO'/aC
1.00
10%;,
J»°7%
11
preferred——A———100
A
International
July
270
July
22%
22%
30
227b
20
common——i
July
Sep
Apr
18
Mines
Mining
24c
85c
14%c
30
100
Dec
5
1.50 Mar
5%
15c 16%c
34%
3'Ac
Nov
15%
Jan
123
Class
International
Sep
46'/a July
136
Oct
Nov
180
70c
5%
16c
y
35
70c
•
535
129
41%
132
41
Sep
1.74
'?
Jan
■9%
37
'■
Dec
1.45
Mar
1.51
Nov
4'A
Jan
3
5%
1.29
5%
3
Gold Eagle Mines-
For
Jan
20c
21%
Gold Belt Mining Co__—
Goodfish
500
3
God's Lake Mines Ltd-
Gate
Dec
21%
Gillies Lake-Porcupine
'Golden
Jun
19c
p'/4
of Canada A
»_*
———-*
preferred
preferred
Goldale Mine
31c
13%
13 %c Nov
295
274,432
21,653
5 ¥2%
Gold
75c
35,185
12
16c 23 %c
1.37
General Steel Wares
Glenora
12c
lie
1.22
1
Sep
26c
31c
Ford Co of Canada ciass A:
5%
1.75
1.31
20C
.—1
—
Gold
1.35 July
Jan
1.00
Dec
1.88
common————---*
Power
Jan
54c
*
1
common——'
1
Mining—.".
.-—-1
—
Oct
1.59
300
Nickel Mines-
Preferred
Gatineau
20
Apr
Jan
35
A.
•
Dec
14%
16%
45
3,480
_25
Mines
Kirkland
Francoeur
19
15.100
Federal Grain class A
Floury-Bisell
80
:
14%
Nov
12% July
Jun
10
14%
.
——
—.——
Preferred
10%
23% July
138
Feb
7%
1.55
——1
,
Farmer Candy
Fanny
Jan
-
1.91
——
Falconbridge
112
8,812
;
.
1.75
.
Investment Trust
B
Jan
5
11
Mar
35C
--
.
English Electric Co
Class
15
133
36c
1.44
——;—-————20
Gold
21%
7,350
- 50
1.54
Malartic Mines—.
Eldorado
78c
Dec
Jan
ft
Jun
70c
■
1.10
11 %C
:
—
——
»
75c
.
26
Jan
10
'Oct
6'A Nov
3% Jan
1.77
—————
Economic
Dec
>
1,290
_————
—
Oil—
53
s
27% Aug
Jany
22
•
5
.
1.75
—
Crest
!47/8 Dec
19
.Oct
July
1.10
Corp—Seagrams common
Fnstprn
151
1.78
*
Dome
Mines
;
--*
Dominion Bank
s
.—100
Dominion Foundries & Steel com
•
Dominion Scottish Investors common-!
Preferred
—
--50
Dominion Steel class B
—
2d
Dominion Stores
*
Dominion Tar & Chemical common—*
Dominion Woollens & Worsted com—'
Kn.st
Feb
133
1.10
—x
Eastern Steel
39
95c
Coal—->.-100
Mining
Jan
133
Corp common———
—*
Petroleum——■•
Duquesne
Dec
34%
14%
July
31
Dec
Jan
26%
Imperial Varnish preferred—. 29.
29
8,260
Inspiration; Mining &; Dredge—/——l
. 59c .,**
58c. . - 61c
ft
International Metals common A——-_•
17
17 17.%:. ../:;//.BIS):
31f
Preferred __A—1—L—100
100'A
100* 100%
11% July
24'A
400
5%
18%
Oct
July
,
14
Dec
.21
v
—
9% July
A 24
•
ft,
18%
Nov
Jan
28
10'/a
42%
27%
520
45.
45
Oct
27
15%
15
5%
——
Aircraft
Preferred
•
100
5'/2
6'/a
260
25%
15%
Jan
Sep
245
28'A
38
%
7%
60
26
Gold Mines—.
Mines
320
25'A
:
Mines——
Denison N-ickel
9
J an
10'A
146% 146 %
Bakeries -——~——--Consolidated Mining & Smelting——5
Consumers Gas (Toronto)
100
Distillers
375
■
Consolidated
Mines
13
8%
ft/;
6 'A
Jan
19
Oct
142'A Aug
Jan
6
235
May
68
Jan
.28
315
•
,
25%
Cockshutt Plow Co
Delnite
43
14%
Nov
1.35
526
8%
12%
2%
128
Jun
38
Jan
59
A
1,595
23%
Oct
Jun
Nov
5
5%
98
150
Jan
30%
131
Corp————
Chesterville Larder Lake Gold Mines—
Chromium Mining & Smelting———.—
Dairy
C%
585
,105
23
Patricia Gold Mines———
Porcupine Mines-.
Pass
270
43
Wirebound Boxes——ftGold Quartz_;
—
—
Jan
124
3.1
"3b
8%
:—100
Pacific Rv— ——
2ft
Wallpaper class B—,
—*
Petroleum
Conduits National Co
Coniagas Mines —
Feb
Jan
5
—-—
—
36'A
65
—————>—
Commonwealth
Dec
135
Chemical Research
Davies
11%
common-————*
Willans
July
79 %
?
38
_
27
44
ft/ 5
Industrial Alcohol A
Locomotive
Castle-Trethewey Mines
Dec
133%
28 'A
Oct
Jan
133%
common——'
Oct
Sep
19
34%
v
7'/a
9
107
;:92
35
Canadian
Cub
150
5
Feb
Jan
60
91
.
Nov
500
90%
5¥a
9%c
40
■
44
■■■„
Nov
45
20%
43'A
Jun
'
107
20 y4
44
Feb
35c
4'A
15
1,190
106%
20%
Oct
2.60
3
6
7%
..ftft/f 6:'
6%
Sep
Nov
11% Mar
Jan
9c
ft.—-w-—-100
Malarfclo
14,590
4c
26
Feb
24c
Dredge & Dock-—:4
Food Products——---—
Oils
9%
1.15
5
Aug
-
Preferred
a
11% July
Dec
May
23
30
-
21C
'■
common—
Preferred
n
Jan
9%
200
■
17
Mar
2.23
——
Canadian
Dec
24c
Ltd
—
July
2.02
———-———25
Celanese
*.uu
10 %c
<2.20
—
& Foundry
Jan
Jan
l%c
1,000.
ft 3c
i.
Feb
17 %c
14%
--14%-' /14%
•
Oil
6c
31c
Nov
3c
v
4,500
18,700
ft: 915
A.
—
5
_l
v. 13c
13
^
:
i.ou
70,000
17
—
12
• A, 3.55
3.30 3.55
Homestead Oil & Gas
;———„1
a „
4c
4c
Howey Gold ..Mines
:
i
_1
30c.
30c
33c
Hudson Bay Mining & Smelting•
29'/a A 29'A 30%
Hunts Ltd class A———;
—*
ll'A
ll'A: 11%
Class B
*
ll'A..:
ll'A 11%
Huron & Erie Mtge—————100
■
—72.
72.
Imperial Bank of Canada———100 , 164%
164% 164%
Oil—
Home
Imperial Tobacco ordinary
314c
15%
12%c
5
Dec
4%c Jan
:
.
,
—
Imperial
85c
Oct
.
59c
Nov
Mar
46 c
8¥aC
common-.-—-
Canadian
4
4.00
July
77c
Jan
19 %c
4,100
750
7c
3.95
;/.:ft'//7c/:'
65
—;
"
Aug
21%
Cable class A——
preferred
Nest
23%
22%
23
24c
Jan
July
7
ft
■
——*
Hollinger Consolidated Gold Mines
Jan
:
Mascot
Hinde & Dauch Paper Co
Jan
preferred
————20
Convertible preferred—;—
Crow's
Sep
Mar
7.40
——■>
Coniaurum
12c
23%
Lines common—_•
Canners
Lake
18
Jan
9%c
1st
Coin
Feb
8c
500
—
Preferred
Cochenour
10
—
Gold Mines—
Highwood-Scarcee Oils —
11,607
1,020
Bakeries common—:
—Canadian Bank of Commerce—100
Canadian Breweries common
.•
Central
Hedley
12c
Canadian
Central
Hasaga Mines
Dec
180
'
--—■—
Canada Steamship
Preferred —
Cariboo
Dec
y
23
Feb
July
3
July
6¥2 July
,
.
1.20
5'A
1
14%
771
'ft20
ft.
'•
-
"
9%
43%
26 '/a
class A———~
Malting Co——
—
Canada Packers -——:
Canada Permanent Mortgage
-100
Canadian
1
—1
*
Jan
Jan
ll%c
Canada
Canadian
—1
21¥ac 22 %c
Canada Foundry
Canadian
Harker Gold Mines————
63c
—,
—
Mines
Gold
6%
24
——
Canadian
Aug
Jan
Carpet—
Rock
21%
5
20
;
v
Hard
66,000
/,
"Bird ——
Bread common—
Canada Cement common
Preferred
17
Packers
Canada
Canadian
17
17
Camp
Canadian
17
■ft/fta/.
Harding
Sep
May
90
.
3.65
5%
„
.
Sec
1.10
Jun
460
8%
43%
—
preferred
160
9%c
843,934
1
-*
—100
-4^—
Co Ltd
Hamilton Theatres
Jan
70c
200
62c
Hamilton Bridge
Nov
9¥aC 10 %c
—
—
Calmont Oils ft
Canadian
95c
3%c
15
3
'
3,500
Jun
July
3'/2C Nov ft
/ft
2c
-
8%c
Dec
10
41c
-1
1
Hallnor Mines
Oct
—
6%:
^lines
Sep
24
•
Halliwell Gold
Jun
1.87
Apr
-v' Feb
15
140%
95c
17
preferred
Light & Pwr oom—
preferred r—Calgary & Edmonton Corp
New
49 %c
—
,
18'Ac
*
Lime
Halcrow
July
26 ¥a
2nd
Preferred
Jan
15
10c
Burlingtoh Steel Co
——
1st preferred——
Canadian Car
1,500
650
Caldwell Linens
Canadian
& Alabastine
Swayze Mines
ftftftft 387
—-
Columbia Power class A
British Dominion Oil
—
Broulan Porcupine Mines, Ltd
—
Brown Oil Corp——ft—'—•--•
Buffalo Ankerite Gold Mines
Buffalo Canadian Gold Mines
Building Products Ltd
——
Bunker Hill Extension Mines—
.
Canada Wire &
Gypsum
15
British
Preferred
17%c July
2
Apr
Oct
15
-':
American Oil:
British
British Columbia
8%c
11%C
& Distillers
Brewers
Gold Mines
154% 155%
ft//:
Ltd
Cordage
Brantford
Gunnar
70c
8%
Gold Mines
Mines.
Grull Wihksne Gold
Dec
22 %c
—
Bralorne
Nov
570
43%
*
Mines———1
Ltd——^1
Saddlery common
Western
3
42
740
56c
———22Vz
—
Feb
70,205
.
Great
Oct
•
Preferred
.
>
51% Jan
150
.
95
58
Jan
5%. 5%
:
,23
July
16 % May
29
22'% 22/a
Dec ft
3 % Jan A,ft/Aft'- 7
255
5%
5%
7%cMar
2'/bc Jan
1,000
3%c 3%c
24c
Aug
ll%c Jan
10,900
17c 18'Ac
5
Jan
Aft. 7% Jun
435
6%
7
24c
Nov
3c
Apr
58,300 [
6'Ac 9%c
7Vac Jun
ft:, 2%c Nov
45,085
4.00 Nov
; 3c
4c; . ,ft 400
2.50 Jan
3.60. 3.65
8
Jun
4% Jan
200
5% 5% /'•ft ft/A 6 ;•!. 85
101
Nov
Jan
100
100
4% Dec
3
May ft;/
1,100
5. AcS/ 44,205
1.15 NOV '
40c Mar
1!4 1-29
6c Aug.,
1,000 ■ft:/. 2c .Apr
5%
5'A
I7c.ft Jun;'ft; ft'' 44c Dec
106,108,
44'Ac 61c
47c Mar
ft/ 30c
Nov
3,300
41c 42c
10c
Jan
ft ft 17c
Sep
2,800 ;
12c 12'Ac
16 ¥4 July
14
Mar
210
15% 157/s ft
12% Sep
8.50 Jan ft
4,004
12 12'A ■ft 9,790
4.10 July
2.65 Jan
•
,
High
Low
62
135
21 22%
—i———
Mar
161,400
*
Mines Ltd
Bonetal
255
c
85
24
—
;—
Dec
ft
21
t
Common
•
•
Range for Year 1913
Shares
%>5
56
4'Ac 4%c
-5'/a^ 5.4
.—
.
for Week
88
16%
com—w—*
21
100
%C
95c
Brewing
B
Class
230
'J'
2.25
155 ¥2
preferred—————^
preferred—------lo
Ribbon
Blue
Blue Top
Mar
15%
42 %C 54
15
--
Biltmore
259
1.93
of Canada—
tuu
Mines—-————i
River
Jan
23 VB
Bell Telephone
Berens
227
24
—
—
—
Jun
ir
:
preferred-J.——————*
V
161
■
/•"
PUT
4%o
19 %c Nov
10c
50c
J
class "A"
Beatty Bros
19%c July
May
2.15
*
Mines Ltd
Beattie Gold
>
Radium,
Exploration
Bear
A—;—~
Paper class
Bathurst Power &
Jan
4c
48
3
42
15
Sep
Aug
10c 10%c
ft
10c
■-A,
'Base Metals Mining——
3.50
Jan
8%c
aft/: 115
3
Range
of Prices
>LOW HlQfl
—^--.--.-*.50
Graham Bousauet Gold Mines——1
Great Lakes Paper common v t C——*
ft'/ft/ 12
40
42
:;.Ay.
;
Goodyear Tire & Rubber Co
Sep
150
233 234 ¥2
A'-".'
;
V:1;'.;'.:;!';;
28
Vv:
•
>
.
1943
Hiah,
14c
Jan
1.35
34,000
241
••'"ft-
,
1U^
.
150
240
; '
Week's
Last
Sale Price
■
1
Preferred
28,000
16c
152
233
——
,
20
14c 16 ¥2 c
15c
ftft 15c
Bread common-.
Barkers
2,941
15¥aC
J"
Consolidated Mines
Bankfieid
3.25
2%c
268,525
3.20
*
—1
Mines
Bagamac
9%C 12 %C
103% 103%
11 %c
Ault & Wiborg
Low
Hiah
Low
Par
Range for Year
Shares
of Prices
Sale Price
STOCKS—
for Week
Range
Last
STOCKS—,
Sales
Week's
Friday
'
Jan
1%'Jan
2c
1.86
Jan
6c
Feb
3% July
4.00
Sep
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
River
Gold
Senator Rouyn,
——.11 5%c
Mining—
>—1
Ltd
Sherritt-Gordon
Gold
74c
Dairies
Silverwoods
Preferred
common
Sladen
,
9% %
———I
57c
1
69c
69c
72c
20
20%
4%c
20%
4l/ac
67c>•••
65c
19
1
.19
21
4%c
68c
19
■
2%
2%'
U
/•
*,
Malartic
—
_100
Mines
'
Mines
Slator
(N)
Co.
South
End
Petroleum
Ltd
a
J:—--—
Co™.
*
La.
108
*
Springer Sturgeon
Standard
Chemical
Standard
Raving
*
Preferred
Steel
of
Canada
Preferred
-_i_—
Co
»
common——
—
25
*
2,10
2.25
2.25
Sud
5c
1.73
Mines
Contact
-
1
Gold
Mines.
—
Canadian
4%c
1.61
1.60
.'1514"
3.30
*
—I
.
Oil—
3.25
16
3.50
1.10
1.10
9
11
llO'/s 110 Va
1074
———100
—
—
:
■
s
90c
6
100
10
Westons
Sep
.
Mar
-
:
V-
Aug
26
Jan
10
32
Dec
37
Feb
4,500
5%c
Dec
10c
Jun
600
3%
Nov
6
Apr
7'A
2.03
2.14
6.25
6.50
2,958
4.40
Jan
17c
15c
18c
110,150
9Vac
Jan
*
4.60
4.50
4.65
4,533
3.40
Jan
5.80
com—,*
58%
57%
59
1,372
Jan
20%
_a
Worts
95c
25,600
Jan
2.05
Dec
7.25
36c
Sep
Sep
Aug
64%
Dec
19
Jan
21%
Aug
19c
Jan
25c
Dec
47
325
1,800
5%
81
21
25c 25'Ac
common.*
...
:
"A
Flour Mills
5
15%
common
.^——100
3
Jan
9
Oct
.624
40
Jan
91
Jun
79%
/A:'.: ,10
55
Jan
90
Jun
y:y 17
July
15%
•-
'
16
107
107
9%c
*
17c
339,500
7%
783
15 %c
1
—,
1,130
83
79%
——
5%
75
;
common—
.*
6%
6%
.
-
>
12
Feb
94
Jan
720
■.
■
70
•
■
106
l%c May
i'
3% May
20
Jan
...
Dec
5c
•
July
8'A July
63
100
63%
66
650
•
—
_
3.25
3.15
3.50
7,370
2,50
Jan
4.25
Apr
4c
4c
4%C
7,000
2%c
Dec
12'/a c
Dec
7
7
50
8
July
Wrlght-Hargreaves Mines
Knitting Mills
'5
6.45
Ymir Yankee Girl Gold Mines
York
20
July
July
July
2.10
—1
Preferred
9
4Va
Ltd..
—
Dec
Sep
May
Oct
Sep
Jan
4
—100
Ltd
6
1
Wiltsey-Coghlan Mines
Winnipeg Electric common
Aug
27%
Jun
4
;
Preferred
Aug
6c
;
Grocers
Jun
80
6c
/.Preferred
Western
10'A
•
Preferred
Western Canada
74c
Dec
Aug
220
1
&
Apr
5%
77 %
•.;■
500
—
Walker-Gooderham
Dec
33
—
Wendigo Gold Mines
89%
14%
■
Mines,
Dec
■
6c
Waite-Amulet
Aug
835
%
Ventures, Ltd.
N°V.
2.25
15 4
3.45
1.94
9
110
14
<
Feb
12
35e-
io
6%
Sep
18c
Feb
100
75 A
27%
■
>
—*
—
90
89%
••
10,100
.
8%
75
:
■
Upper Canada Mines Ltd__
1.80 Nov
Jan
Jan
Jan
Jan
Mar
46c 48 %c
8%
;
'•
27%
——.——50
Oils
Oils
Dec
Jan
Jun
Dec
6Vs
7
32%
Vermilata
Apr
_5c
91
6%
——.—*
85
:
100
6%
<-4—
__
"A"
15
91
v.
8%
•
0
United Steel
2lc Sep
2.40 Sep
Jan
65c^
1.38
10 A
1.85
L-,
15
46c
0
—100
July
Jan
10c
35
55
12,491
33
United
76% Apr
2.65 Oct
^
84
91
.
*
—
Corp class
class
82
15% c 19 %c
95c
Jan
68
10
15
Union Gas Co.———
Class B
90
Jail
68
10
88
High
61c
50'%
2,300
53
84
A-—-—,
—;
United Fuel
.
1.15
53
18c
City Rapid.Transit common
LOW
1.02
1
—-———-a—_
Preferred
United
:
Range for Year J943
*_•
50
class
Shares
High
90
V.
100
——
Transcontinental Resources
July
Dee
73
-
2V'sC Jan
<3,854
205
16,495
^ 172
1,110
2.25
■-
Tip Top Tailors common—-———0
Preferred
2.22
415%
2.25
1
Ltd-——
Tamblyn Ltd common..—
Teck-Hughes Gold Mines
4,
Texas
4%c
1
__
Mines—
Cons
Sylvanite
7; Jan.
Finance
Preferred
Jun
^3
10
Mortgage Co
Traders
77c Dec
19 4 Aug
59 4 Jan
66
Jan
'..
10,000
20,350
Basin Mines—.—,
Jan
1.10 Jan
L51 Jan
12
pec
10c Jan
L46:,Janyy
12%
19c
Sturgeon River Gold Mining
Nov
10
preferred—12%
—1
18c
18c
Stuart Oil
Sullivan
54c
192130
Toronto
Towagmac Exploration.
—
8c
General Trusts Corp—
Twin
1.11
:
Elevators
Toronto
for Week
of Prices
Low
Mines—_.
A
1
preferred——..50
Gold
Toronto
106'/a Dec
64c Nov
69c Dec
Jan
Mar
Jan
3 Ac Jan
250
225:
,
25^ Dec
13'/a Dec
.
—
45,160
35
4,000
125
Steep Rock Iron Mines-——.-;—
Sudbury
320
8,000
8,600
120
69%
70
10
3%
86%
39c
15,500 > 29c
H A
63 63%
70 '
2.04 2.10
11
y
.
common-—-
Feb
Jan
*'-8
To.burn
Jun
Sen
Jun
Feb
Mar
July
9.75 Nov
10'A Nov
9
Jun
5.75 Jan
9% Sep -}i-
35
60
A'
60
24,5U0
Sale Price
■Par
Mar'..
13
2c
85c
125
914 '■
STOCKS—
Sales
Range
Friday
•
97/Bc
62Vic
19'A
4c
1.05
1.04
Mar
Nov
May
Sep
Jan
18c
1,015
5-.
27
14'/a
107
56c
—4—
Gold
28
16
109
58c
67c
9.40
11
*
—
-
Preferred
9.00
11
8%
class A--———
Class B
Siscoe
74c
"
—
ii
—
Simpson's Ltd
71c
9.25
1.
Mines
Sigma
2%c
1.00
2'/8C Jan
21,207
50c
15'/a
4c
1.00
1
Mines—
i
High
3,000
91,750
295
11,950
600
5%c
4c
1.00
Shawinigan Water & Power——* VShawkey Gold Mining—
1
Sheep Creek Gold Mines
50c :
.
Last
Low
High
5c
45c
12
48c
.
Range for Year 1913
Shares
of Prices
Low
Sand
*"■
for Week
Range
Last
Sale Price
STOCKS—
Sales
Week's
Friday
-
379
Week's
.*■
*
common.—
63%
—
5% Mar
Oct
OVER-THE-COUNTER MARKETS
Quotations for Friday, Jan. 21
Insurance
Investing Companies
Aeronautical Securities
IV* \.x3.33
,.10 < 22%
Affiliated Fund Inc.—
AAmerex
Holding Corp
American Business Shares.:—__1
13.97
12.88
Scries
'6%
Series
K-l
14.36
Series
—1
3!4
5%
Basic
4%
3.66
Bond
Inv
Broad Street Invest Co
—5
Inc
Ltd
Fund
v
1
103.81
16.73
—.5
Inc.—
17.99
—1
29.21
27.02
14.70 V 16.11
,
Loomis
——1
Fund
9.51
Mass
Investors
Mass
Investors
2,400
148
.—100
,
4.24
20.56
1
10.09
10.43
A
'5.01
X4.61
11.40
1 •'
36'%
—1/
2.34
_•
25c
1.23
6.87
Series
: 2.62
.—l
L18%
•
x4.61
17.92
Cumulative Trust Shares
Delaware
Fund-.—.-.—....^-.1,
31.09
33 '4
19.21
28.91
32'4
17.84 ;,
4.15
23.27
5.33
4.60
>
4.24
5.54
^
Automobile
l'
''
V
shares
Agricultural
shares
Food shares—
Administered
General bond
shares—
—
Merchandise shares.
shares
Petroleum
Railroad
*
RR
Series
Steel
Bank
Group
Co
20.24
2.20
21.76
2.49
Investors Fund
Par
54
49
10c
Fund
(Geo)
of the
1
Trust
14.38
/13.37
•
X89.39
Manhattan
Co.—lO
X9.28
Investment
Continental
6.00
Bank
6.63
♦
X13.77
14.66
48%
A Series
•
79.21
85.12
1
X2.33
1
2.20
2.08
Corp.
C
ASeries
D
l
Oil
Trustee Stand
13.55
1
& Trust—10
6.46
43c
71c
Union
B
—:
Bond
series
C
Boston
Sep
tSept.
15.
15,
Mar 15,
tMar
1944—
1944
1945
.
1945
.
1945
1946
tDer
1946
15.
.
-
99.31
100.1'
%%
100.13
99.22
%
99.31
1%%
100.26
100.19
100.17
3/4%
.
tMar 15.
100.15
>
1V4%
.
15,
%
100.5
100.17
%%
1
.
tDec. 15,
100.4
1
100.15
.
99.24
100.1
100.28
73
:
32%
29%
45%
19 %
25
37%
90%
/
Public Nat'l Bank & Trust—17%
& Trust
Title Guarantee
—100
50'A
53
;■
94%
37% ;
6%
6
1,305
2.29
36%
35%
;
12
United States Trust
1,515
1,475
12%
51
2.19
34%
preferred—
National City Bank
New York Trust—
20%
49%
76%
3.15
16%
47%
—20
(J P) & Co Inc—-100
Conv
A»k
165
100
3.07
10 r'.
15%
100 1,440
25
34%
Trust Co com__20
Manufactures
48
46%
72%
Bid
150
100
1 ,350
Reconstruction
100.8
100.6
—
101%
101%
tl%
U
0.75%
101%
101|1
103 ft
10314
105%
Bid
Ask
100.3
100.5
100
100.1
1946
1047A
105%
...1947
106%
107%
130
131%
Apr 15. 1944
.....
S
Housing Authority—
1%% notes
Feb
1, 1944
Issues
Other
V S Conversion 3s
U S Conversion
105
106
Ask
Finance Corp—•
Panama Canal
3s__
3s——.—1961
REORGANIZATION RAILS will be found on page 363
8.07
6.41
18.44
15.90
RECENT BOND ISSUES will be
1.70
15.98
1
found
on page
363
17.57
Investment
Banking
Corporations
Co
__1
Corp
IVe
23%
United States Treasury
2%
10
24%
Rates
quoted are for discount at
tSep 15, 1947 —
1%%
Certificates of Indebtedness—
;
l%s
t7/es
$7/8s
t%s
t%'s
100.20
,
1
1944
——.
——
Ask
Feb
100.22
Feb.
.
0.50^
0.50%
0.69%
0.75%
0.75%
0.77%
^
Mar.
Ask
9.
1944—
b0.37
0.33%
Mar.
16,
1944—
b0.37
0.33%
Mar.
23,
0.33%
30,
19441944-
bO.37
Mar.
b0.37
O 34%
b0.375
0.35%
b0.375
0.35%
b0.375
0.35%
b0.37
0.28%,
1944-
b0.37
0.30%
194417, 1944-
b0.37
0.32%
bO.3?
0.32%
1944-
bO 37
0.32%
April 6, 1944—
April 13, 1944-
1944-
b0.37
0.32%
April
20, 1944-
10,
'
Feb.
b0.54
May 1,1944—
—bO.54
Aug. 1, 1944—
b0.7l
Sept. 1, 1944——
b0.77
Oct. 1,. 1944—
b0.77
Dec. 1, 1944:
b0.79
t%S Apr
Bid
Mar.
1944-
Jan. 27,
Feb. 3.
Bid
Bills
purchase
Ask
Treasury bills-
Figures after decimal point represent one or more 32ds of a point
Int. Rate
Bid
Ask
Maturity—
Int. Rate
%%
Trust
Lawyers Trust
38%
49%
103%
103%
104]fr
1955-1945
1955-1945
21.20
16.87
——
&
80c
5.86
U S El Lt & Pwr Shares A—
AFlrst
1944
15,
68
24.37
7.38
Union Preferred Stock Fund—
B
;
19.40
,
—
<: 3s Jan. 1, 1956-1946
3s May 1, 1956-1946-
23.64
A__—
'
B
Series
Fund
1964-1944
3s
_25c
Class
1946-1944
3 Vis
I
Quotations For U. S. Treasury Notes
Jun
10
,2.50
:
Guaranty Trust
Irving Trust
Kings County Trust
101
bO 90
15,
4s
5.61
I.
Trusteed Industry Shares—__25c
10.91
95c
1.15
100.3
50%
Morgan
1944
Federal Land Bank Bonds—
June
4s
ASeries B
12.52
.
x47%
4
Par
92
Bid
Shares—
ASeries A
,12.25
100.2
39%
Obligations Of Governmental Agencies
0.85s
Trusteed Amer Bank Shs—•
1
%
5.00
37%
Fulton
51
87 »
97%
36%
47Vt
Commodity Credit Corp—
tl%%
Feb 15,1945
Federal Home Loan Bank—
Trustee Stand Invest Shs—
ABlalr
1
64
Fidelity & Guaranty Co„2
U S Guarantee...
4.04"
3.92
10
Exchange Bank & Trust_20
Empire Trust
—
50
First National Bank
100
4.00
;
Super Corp of Amer AA.
25.10
.
331
61
4.85
Westchester Fire
22%
100
common—
new
10.12
1
1
;
Shares.
Fund—
23.09
1944
125%
10
Ask
Bid
21%
Bid
Mar 15,
25
100
City Banks & Trust Cos.
,
—100
a
Maturity—
37%
91.19
.2%
1
Income
•—
C____—
35%
29%
Commercial National Bank &
Wellington Fund..:
\
Standard Accident
103
47
28
New York
X2.22
of America—.10
shares
8
1
Fund, Inc
; 28c
—5
shares
Insurance Group
Investment
25%
98%
44
2,96
51%
Scudder, Stevens & Clark
7.26
1.53
—
Flre.i
Home
3.60
1.40
shares
27%
10
10
Inspect..l0
Hanover
24'A
2.86
49'A
U S Fire
Chemical Bank & Trust-——10
9.96
86c
xl 05
Aviation Group
U S
Chase National Bank
Union Stock Fund B__
Independence Trust Shares.:—•
Institutional Securities Ltd—
297/a
Central Hanover Bank & Trust 20
.3.28
-10o
Incorporated Investors
•
28%
X2.55
1
Fund Inc
Common
8
X2.64
Republic Invest Fund
4.42
16c
Springfield Fire & Marine
Travelers
X2.00
•
Foundation
Income
10%
16%
69 %
American
5%
28'A
-
10
9
Hartford
6.92
4.57
4.42
.
22'A
10
15
65%
—5
1
Series
1
AHuron Holding Corp
Security New Haven
•
6.29
4.01
shares
44%
Bankers Trust
100
4.40
Tobacco shares
Utility
42%
—
Hartford Steamboiler
;•]
Shares
3.72
4.33
.10
62%
-
Rutgers Fire Ins. .com.
preferred
Brooklyn Trust
Plymouth Fund Inc
6.54
.
3.93
4.15
Seaboard Surety
__1
6.95
6.15
5.90
% 6.61
5 94
St Paul Fire & Marine
19%
Series 1958
.,
3.37
shares
40
1953
6.32
5.55
;
47%
17%
Series 1956
State St
;
44%
Series 1955
8.09
shares——,
Equipment shares
;
shares
Trust
Quarterly Inc
5.44
26'A
8.57
6.12
6.31
•
Fire—•„
8
Bank of New York
;
Amer
7.36
4.94
(Paul)
3%
10
(Texas)
8
&
6.41
North
Spencer Trask
6.01
36 %
2
(NY)
.10
Marine
5.82
Steel
7.51
—-
&
Bank
6.83
Mining shares
Fire
7.36
/
Sovereign Investors
5.36
Gibraltar
6.69
Railroad equipment
5.11
Price Shares
Low
15%
33%
Revere
5.37
4.64
Industrial Machinery shares—
87'A
14%
27%"
6.63
Selected
Investing
83 V*
5
Preferred Accident
25 %
4.87
Selected Amer Shares
;
—.10
Phoenix
\
A.
49%
Providence-Washington ——10
1.51
:
5%
94
107%
47%
—5
u_
102%
__io
Republic
10.81
6.20
shares—
Indemnity Co
14%
9.83
9.64
—
Pacific
13%
Corn
;;
Fire
__6
6.02
■
/>
^
Electrical Equipment
23%
4%
89%
.25
Pacific
Reinsurance Corp
.vy,
/
-
48
15%
21% '
8.56
v'8.77 ;);
Chemical shares
Fully
5.56
5.73
31%
13%
5
86
Globe & Republic
..
29
45%
.12.50
82
Fire
27%
10
—.2.50
64
Newark
190
25%
10
River
60
of
180
2
5
10
1 45
7%
6%
2
10.71
7.79
7.35
6 60
5.63
Building shares
•H.
"8.89
9.74
equipment
'
>
6.68
—•
shares
Aviation
,
7.46
8.08
...
9.93
7.78
Putnam
Group Securities—
42
10
Phlla
Railroad
;
x31%
58%
10
Glens Falls Fire
9.49
6.78
58
20
;
20
Great
9.03
25
55
...
Northern
6.43
8.63
-'22%
Northeastern
41%
33%
62%
45 Va
5.84
—
34^.04
31.66
5.14
•
1
42
39
5%
10
Fire
40
Oils
..
York
5
2nd
—
r 7'%
lo
New Hampshire Fire
New
10
Globe
—J:
50%
0%
Casualty
New Brunswick
5.60
22%
North
10.88
North Amer Bond Trust ctfs
—
86%
General Reinsurance Corp
■11
47%
5
(Detroit)
*
Amsterdam
17%-V 19 V4
12.94
Machinery
Metals
1.92
5.73
1.74
x5.16
9.39
3.60
21.23
4.81
iv: 6.89
Insurance; stock..
,,
81%
Fire
New
10
12.01
stock
Electrical
.25
5.35
1
Chemical
2..09
13.23
7'A
Y
—
National Liberty
National Union Fire
62V4
40%
6%
20%
7.27
Building supply—U—..
..
*20.57
X12.32
*
Capital Corp
General Investors Trust
6.15
1.30
.
1.19
Equitable Invest Corp (Mass) .8
Equity Corp $3 conv pfd
1
Fidelity Fund Inc^
•
Financial Industrial Fund, Inc.
First Mutual Trust Fund
8
Fixed Trust Shares A
—10
Foundation Trust Shares A—1
Fundamental Invest Inc
2
Fundamental Trust Shares A__2
General
Bank
„
-5 40
59%
37%
2%
100
9.90
....
25
—.10
__5
6.56
Fund....—
Automobile
Aviation
-
P
....
Agriculture
3.55
1
^^..2.60
Dividend Shares...——-25C
Eaton & Howard— Balanced Fund—
1
Stock Fund
1
C
-
Surety
N
National Fire
L-_-
New England
19.37
National
16Vp
Franklin
New York Stocks Inc—;:
Diversified Trustee Shares—
•:
4.34
,
series
30
111%
5514
14%
Firemen's
7.45
X6.25
series——
—
28
100
preferred
52 5A
10
Fire Assn of
3.28
6.78
Preferred stock series
-v
10
Reserve
Federal
2.89
series
Low priced bond
Casualty
Re-Insurance
Ins
Fireman's Fd of San Fran—10
priced stock common-
Income
;
,
;
.
—10
shares
B
ACommon
.'A7V>
28
X26
L—10
preferred—.
-100
Crum & Forster Insurance—' : .;v
A8%
.
Low
Bond
Fire
Fire
Fidelity & Deposit of Md
National Security Series—
2.62
.—l
mod
AA
Monarch
Employees Group
Employers Reinsurance
7.43
National Investors Corp
2.18
i:
15%
Connecticut General Life
1.36
1
14 %
Continental Casualty
3.50
series B shares.
(Md)
2.18
2ya
City of New York
;
voting shares—
(Colo)
38
•
Securities—/
Na tion-Wlde
Mfrs
Camden
'
—1
Merch &
Bankers & Shippers
Boston
10.85
10
Inc
5
.4
Merchant Fire Assur—
11%
•
10%
8"%
77 Va
12 Va
Massachusetts Bonding-
19%
10%
Automobile
22.11
Fund—
2d
10%
17%
11%
—.5
41
9
8%
74
.1
Fidelity & Casualty_5
Newark-
'38
5
Casualty
Equitable
Baltimore American
■4.66
i
Trust
Fund
Invest
Mutual
9.23
..lte
Maryland Fund Inc
143
8.39
Maryland
American
6.48
38.60
;•
.....10c
Knickerbocker
23
American
90.70
37.83
V
Sayles Sec Fund——10
Common
10 29
Securities com—1002,300
Christiana
5.91
88.89
—
Manhattan Bond Fund Inc—>.
29.17
;
• 4 27.50
Century Shares Trust
Fund...
20
74%
21
American
4.62
X4.16
S-4
Sayles Mut Fund—
Jersey Insurance of N Y—
34% < 36%
71
American of
10.38
Series
82'A
American
13.53
9.43
Loomis
3.65
x3,05
12.30
15%
79%
American
26.12
S-3
13%
10
Alliance
A«k
10
.10
10
Life
American Casualty
18.01
23.79
—\
■_
;
Fire
Insur Co of North America
25
Aetna
"fcid
Par
Homestead
55
American
19.42:
S-2
Knickerbocker
-
Ltd
Fund
Inv
;
16.45
17.63
Series
.v.
v
99.66
America.
of
Tr
Fund
-
52 Va
Companies
Ask
148%
Agricultural
10.42
Series
41/8
preferred
—5
Industry Shares.——10
Chemical
20.07
:
;
Series S-l
A6%
Canadian
29.59
9.51
K-2
v
Nat Investing—
Bullock
28.87
26.98
—I
....
B-4
6
13.35
ACommon
Boston
B-3.
27.53
B-2.^.^.
Series
X18.26
B-l
Series
■
3.67
—1
Stand
Axe-Houghton Fund Inc
Bankers
Series
3.64
24%
3.35
Bid
HOVs
10
Aetna Casual & Surety
Aetna
Keystone Custodian Funds—
Foreign Investlng.lOc
Oil Shares
2
American
Assoc
6.87
6.32
,~1
10
IPar
Ask
Par
Ask
24,
2,
dividend of $31.50 a share
payable Nov. 30, 1943, to Adams Oil & Gas Co, stockholders of record Nov. 23, 1943.
d Deferred
delivery, r Canadian market,
s Cash sale—not included in range for year,
x Ex-dividend,
y Exrights.
fin default.
tThese bonds are subject to all Federal taxes.
AQuotations not furnished
•No
par
value,
by sponsor or issuer.
a
Odd
lot sales,
b Yield
price,
,
c
,
Ex-liquidating
' '
380
SANK CLEARINGS
THE COURSE OF
22
.335,450,595
,.'•481,000,000
Philadelphia'
City
Kansas-
Louis'
—„
—v.—*
Francisco
Pittsburgh
—
'...
—~r.+.
Cleveland
-
:
BaltimoreTen
10.1
+
16.6
174,906,153
160,215,423
'
+
37,261,537
.
107,905,021
Mississippi—Vicksburg
;
I Louisiana—New Orleans
12.5
289,133 .'i-'rtV-i'
'•
Total
-
•
.
$6,652,137,192
+24.0
+11.8
95,922,361
+
1,296,806,358
1,449,838,820
.
..
215.171
327,159,458
277,154,902
,
62,108,737
+16.2
.
28,800.547
•',.; 2,749,647
V '' 198,450
. .
3,464,300 :
.
+' 5.0
+23.4
77,571,680
380,309,024
(10 cities)
Grand
■
48,821,064
•
219,394,969
,
,
1.9
Lansing
.
South
30,314,000
Bend
Terre
Haute
L
.
Moines
Des
Illinois—Bloomington
Chicago™
Peoria
.
—
V;
Rockford
+28.6
25,812,000
2,532,731
6,259,181
26,449,777
1,396,060
8,742,235
4,010,416
• , 371,844
366,216,279
12,896,231
6,280,903
481,468
430,636,465
+15.5
+14.9
+ 7.8
5,639,444
458,708
456,068,289
1,567,402
5,641,498
2,066,631
> 5.6
1,927,400
—
+K
1,925,002'
V
Springfield
2,375,368
'2,285,242
2,866,277
8,255,389
31,539,179
; 1,726,892
11,271,886
1,898,218
5,955,822
2,483,122
'VC;...*
Decatur
.
' • 4,154,543
i'; . ' 2,907,382
30,420.000
+ 2.3
—11.7
+ 6.2
-f37.2
3,446,510
8,721,510
7,254,252
''•-553,169
464,402,483
Sioux City_„
1.4
—
33,893,753
1,717,375
3,526,915
7,701,753
35,991,696
,
2,355,991
14,490,992
'
—
—
Iowa—Cedar Rapids——
the foregoing will appear
in
much as the \yeek
at time of going to press.
has to be estimated.
In the elaborate detailed statement, however, which we present further below
are able to give the final and complete results for the week previous
the week (
ended Jan, 15.
For that week there was an increase of 9.2%, the aggregate of
Complete' and exact details for the week covered by
in our issue of next week.
We cannot furnish them today,
as
ends Saturday and the Saturday figures are not available
Accordingly, in the above the last day of the week in all cases
+ 4.5
2,955,572
29,895,000
—
Wisconsin—Milwaukee.'.
$7,948,943,550 +22.0
+17.1
+ 4.1
V
575,666
4,498,669
3,216,610
+ 2.2'
589,010
'V 5,213,173
;
4,675,745
V
•
Wayne_^—3,089.696
Indianapolis
380,373
^
601,681;
;
6,103,338
4,867,878 V
'
Rapids
Indiana—Fort
$9,699,032,920
7.3
—
275,494
,/jy Seventh Federal Reserve District—Chicago— -
+27.3
—
41,399,321
+33.3
5,334,252 V
4.945,158
8.0
+
$8,249,194,100
week.
;
49,664,843
35.7
+
•.'"•;
1' 6,627,944
32,171,964
25,456,633
100,400,000 v, 79,600,000
2,536,188
1,552,313
1,657,057 -V. 1,472,365
V 24,682,000; • 24,116,000
+ 9.6
+ 9.5
: • +
,
" 187,807,616
8,520,164
+13.1
+ 5.3
*1,900,000
42,762,439
Michigan—Ann Arbor———
days.
cities for
all
Total
+
$5,386,967,297
1,265,169,895
cities, one day
All
1.2
+
115,000,000
2,206,397
i;
Mobile
+ 18.3
137,300.000
180,634,000
•
Alabama—Birminghanu+—:
41,862,598
222,466,311
9,386,896 ' + 34.6
35,460,763 + 0.2
2,082,521
46,809,028
47,976,215'
1,864,364
98,537,143
34,650,520
-
116,774,489
■;:••+'
130,100,000
2,323,141
;
55,948,428
1,981,658
+12.2
Florida—Jacksonville,—
8.7
$6,860,017,235
1.389.176,865
cities,-five days
Total all cities, fivss
250,453,311
Macon
22.6
+
144,252,312
,
'\
+
298,007,709
Other cities, five
,
I
•
2,478,018
12,634,481
35,538,358
Georgia—Atlanta
Augusta
+ 35.4
$3,367,296,084
411,175,838
523,000,000
301,473,492
170,621,236
151,100,000
245,107,000
203,862,722
173,099,578
121,390,626
:
San,
139,097,766
37,034,336
Tennessee—Knoxville„—i.
%V«
-
$4,559,186,543
,
v
St,
cities).——
•
280,950,305
Carolina—Charleston
841,374
3,938,000
931,138
4,968,000
+24.2
+14.5 •
1941
$
>, '
i.
.
1,024,354
5,528,000
65,290,837
.
-V ,+
1942
$
Inc. or ■ ■
Dec. %
,
•">" ,.»'•• >
+15.1
— 8.8
+ 9.7
+17.2
Sixth Federal Reserve District—Atlanta—
'
1943
1944
'
'
75,119,555
2,259,634
152,572,773
43,395,597
—
Maryland—Baltimore
District of Columbia—Washington—
Total (6
1943
$
>
,
1,271,746
—6,331,000
Richmond———
Nashville——u.————
>>
Telegraph
Clearings—Returns by
Week Ending Jan
District—Richmond—
Virginia—Huntington
Virginia—Norfolk—
follows:
for the week
Chicago
v.
South
1.944
$
7"-'':.
■ )'
'
West
compiled by us, based upon
week Ended Jan. 15
>> >'•
'
'»>
.■+■'•'
Fifth Federal Reserve
with a year ago. Pre¬
telegraphic advices from the chief cities
of the country, indicate that for the week ended Saturday, Jan. 22, clearings for all
cities of the United States from which it is possible to obtain weekly clearings will
be 22.0% above those for the corresponding week last year.
Our preliminary total
stands at $9,699,032,920, against $7,948,943,550 for the same week in 1943.
At this
center there is an increase for the week ended Friday of 35.4%.
Our comparative
summary
A
■
>
increase compared
this week will show an
Bank clearings
liminary figures
.-1.
\
.
"
1,489,261
4,673,808
' 2,021,450
V 1,806,161
1,611,694
5,457,946
2,414,259
+21.1
+20.2
2,090,368 +
0.1
..
"
we
clearings for the
■
whole country having
Total
against $8,230,-
amounted to $8,986,379,883,
this city there; was a decrease of
recorded an increase of 20.6%. We
060,157 in the same week in 1942.
Outside of
*2.9%, the bank clearings at this center having
Missouri—St. Louis.
in
12.8%.
,*
following we furnish a summary
In the
■'•»
Districts
Federal Reserve
•
> Week Ended Jan. 15
1st Boston
York
Philadelphia
2d
New
3d
'
;
—
7
6
10
17
4
7
9
6
10
,
6th Richmond
—;—
6th Atlanta
—
7th Chicago
——-
—-
Louis
9th Minneapolis
8th St.
—
—
10th Kansas City
——
11th Dallas
—
Francisco—
Total
New
\
"
"
"
"
"
"
York City
>>,
>•>■+
Dec. %
$
s
375,361,163
4,351,718,838
587,549,283
20.1
3,945,090,223
6.3
'+■
,
+
8.6
+
12.2
327,159,458
+
16.2
+
610,459,504
486,670,930
7.6
241,812,060
'
>■
>
22.0
11.3
199,896,209
+
9.7
108,329,326
156,057,986
85,928,513
443,225,076
+
12.8
370,455,620
8,230,060,157
4,038,425,162
9.2
+
2.9
—
7,564,504,006
3,776,137,796
St. Joseph!—
6,138,817,036
3,014,293,490
Jan.
Total
:
1942
Dallas
-
;
26.5
685,807
517.065
—20.6
3,363,213
2,379,098
322,387,273
260,295,123
1,247,019
829,908
457,091
Washington—Seattle
;
Oregon—Portland
1,421,084 V
1,052,122
1,002,109
4,486,594
+
4.6
4,460,029
3,747,555
San
7.4
2,671,023
+
19.1
3,260,833
14,538,950
13,440,987
5,729,880
+
13.1
6,391,319
5,066,938
16,151,900
0.5
16,856,000
.+
16.6
609,485
662,649
376,549,334
+
0.1
375,361,163
305,574,746
6,417,240
—12.4
,16.074,713
1,487,561
2,091,874
—28.9
1,657,740
1,341,052
16.3
52,200,000
—11.2
1,116,421
752,465
56,800,000
1.371,367
;
1,037,993
+
18.5
1,361,141
+
20.6
3,788,366,210
11,911,701
+
4.9
12,630,790
5,911,536
4
l.o
6,173,959
5,375,984
+ 43.5
542,301
—21.0
590,546
Jersey—Montclair—
24,574,359
12.5
34,638,374
Total
499,796,694
+20.1
3,945,090,223
(110 cities)—
Outside New York
8,230.060,157
4,038,425,162
3,920,929,560
:
'w--
'-•
>
NOTE—CANADIAN
DEC.
SEE- NOTE
31, 1942,
PAGE
36,180,049
32,165,399
4,351,718,838
—
+
Toronto Stock
5,394,599
V -'
r.
.——1_
STOCKS—
723,997
605,154
+ 40.4
630,921
597,134
+
6.9
1,445,794
1,103,102
+
49.1
532,955
442,822
1,407,313
603,000,000
572,000,000
1,631,618
1.503,375
5.4
592,000,000
474,000,000
+
1,629,292
Hew Jersey—Trenton.—
(10 cities)
2,602,390'
+ 10.5
1,563.010
2,727,373
1,351,237
+ 17.1
1,420.417
1,214,886
2,054,419
2,021,011
+
1.7
1,911,716
1,366,740
9,071,600
..
„
4,573,400
+
98.4
6,595,700
4,912,700
610,459,504
489,784,406
624,610,927
—
587,549,283
6.3
+
2,537,458
Canada
Cleveland
Columbus—.
Mansfield
Tounestnwn
.
...
,
...
Pet tsylvania—Pittsburgh
T)tal
(7 cities)
+
29.4
3,128,965
105,112,210
99,716,613
+
5.4
94,611,612
211,840,515
193,292,469
+
9.6
+
8.9
169,461,388
14.623,400
133,700,247
15,334,400
2,038,293
Co
3,240,696
+
5.2
2,962.629
210,609,601
+
8.9
199,113,583
Consolidated
Paper
Corp
8,6
486,670,930
382,939,320
527,111,294
—
+
0.1'
official sales lists
Sales
of Prices
Shares
'•'■■■.
for Week
/■
■•;
•-.
High
Low
9%
10
2.00
6ft
45
2.00
1943
Range for Year
High
10
200
6%
*
11,876,300
'79 ft
31ftc
—
85c
.-Nov.
10
Jan
ZVb May'
Jan
20,496
6%
79 xk
ft
6
_•
pfcLIIIlOO
Oil
Dalhousie
33c
;
Aircraft
Dither Steel
Construction common
common
c
*
—a-
v
Howard
t
&
—*
Mills
Oil
Selections
...
Pend
Oreille Mines &
Temiskaming
Mining
;
Metals
.*
_x
i
i
29c
3
3ft
15
1.50
200
14
1.7
673
25%
110
1.50
10
.
Sep
14 ft
22
Dec
31
78c
Jan
1.35
4,325
20%
100
15
Feb
14
100
12%
Apr
4c
1.500
2c
Dec
21c
47c
90,950
7y«c
Apr
1.60
1.72
4,066
1.05
Jan
3%c
44ftc'
1.62
8 Vie
8ftc
9c
8,100
Jun
6ft Mar
Jan
20%
'■
Dec
47c
Dec
1.00
ft July
81ft
Jan
3
3,000
14
20%
common.!*
Osisko Lake Mines.™—
July
1.25
*
Gas
Paper
ft
Z—*
Co-»-___
c—
Smith
"
6
Jan
74
24%.
*r
1.50
16
Preferred
Dominion Bridge
J
100
1.50
'
deHavilland
.155,198,064
572,245,501
OF
AS
DISCONTINUED
1944.
17,
2.00
1,909,506
3,409,972
2,576,810
3,155,172
229,427,336
—
Funds
Low
74,426,360
2,037,510
—
,
2,879,222
2,866,214
16,691,800
IT—
I.—
293,726,362
»
Marconi
Consolidated Sand & Gravel
Fraser
3,726,158
—
Cincinnati
r
6,138,817,036
3,014,293,490
_™1
Vinegars
Canadian
Foothills Oil
Fourth Federal Reserve District—Cleveland—
Ohio—Canton
Par
2,106,189
1.581,912
Wilkes-Barre——_
1,413,240
+ 15.3
2,875,638
—
■
"
+ 16.5
'
York—•
Total
515,508
1,060,030
902,079
fecranton
4.598,732
4,330,862
166,719,000
3,170,047
1,501,617
3,516,012
370,455,620
Range.
Sale Price
-
1,639,001
Reading.
-.
7,564,504,006
3,776,137,796
Week's.
Last
■■
1,132,989
w
26,739,565
6,401,260
4,412,160
205,407,000
4,185,708
1,805,567
3,173,278
Exchange-Curb Section
Canadian
Thlrdi Federal Reserve District—Philadelphia—
————...
+
'
Jan. 15 to Jan, 21 both inclusive, compiled from
Friday
Philadelphia—
48,463.881 ;
1,097,203
40,817,610
19,511,398 , :
1,301,495
51,310,917
9.2
2.9
+
WERE
JAN.
250,
;
■
■
CLEARINGS
BANK
3,253,224,918
26,458,448
5,228,049,721
Chester
/1 65,718,670
+12.8
.' 443,225,076
8,986,379,883
(10 cities)
Grand Total
26,841,924
5,705,970
'
24,201,402
...
5,219,491
22,139,591
;
'
Newark
5,084,201
1,895,050
Stockton—
+15.0
+30.6
+ 1.5
+ 8.5
9,375,163
+ 8.6
3,630,847 > + 38.2
235,223,496
+15.5
4,648,921
+ 9.4
1,376,622
+37.4
4,367,357
+19.5
271,592,226
Santa Barbara
526,053
8.5
■
7,716,853
428,328
Lancaster..
108,329,326
85,928,513
1 ' f V-: f.'» •
"
'\r-'
10,069,437
4,070,704
5,972,977
,
»
-1,451,442
4,048,871
3,124,523,541
12,496,711
—_
—
:
1,043,209
4,201,634,995
1,230,465
—
+
V
1,218,061
:■
5,065,450,323
•.Bethlehem——.—
9.7
+
43,500,000
>, 66,043,000
Pennsylvania—Altoona—
'
'.
10,177,144
Francisco™
-'*•
5,623,991
i-r.v
(12 cities)
119,397,605
• V"
82,592,823
1,399,577
73.687,966
26,922,304
5,018,739
13,022,343
District—New York—
'
Total
+19.8
4,7
69,255,970
6,967,415
2,264,000
V
14,505,200
—
582,830
Northern New Jersey™
-
San Jose—
13,938,747
——
Rochester^—
.
Pasadena
'
16,076,600
—
+
.
•
*,
*1,940,815
10,194,831
» 2,766,000
1,356,638
6,430,334
+ 10.2
+ 9.6
1,129,840
5,969,938
95,000,322
1,827,665
74,784,100
-29,197,750
.
Yakima
27.4
Connecticut—StamfordNew
0.9
—
3,163,200
_
2,902,000
11,859,981
'""v
California—Long Beach
+
•
.
156,057,986
;>> 2,166,202 >+11.74,097.180
V
95,370,544
+ 9.7
83,474,333
I
Utah—Salt Lake City™
509,113
638,112
6,478,675
—
199,896,209
+:5.3
,
130,936,616
/;->'*<>
t.
+
Jamestown->__——,
Byracuse—
;';•.
-
1,115,752
York—Albany—.
York
V
6.2
—
Buffalo——
+11.3
+ 7.6 >
+44.2
v
1,353,452
6,247,629
!
(6 cltles>
Total
>>
31.6
Haven
New
$
+
Island—Providence
Hampshire—Manchester—
Elmira
1941
+
._—.+•+•
Blnghamton-
V!
Wichita Falls
4,694,294
(12 cities)
+12.9
137,498,855 > 107,498,197
5,330,208
4,652,428
756,127
}
647,174
> 790,702 .. . .
' 714,364
267,638,911
.
;
921,052
Rhode
-
—
Galveston
494,418
8econd Federal Reserve
874,776
2,420,389
104,661,000
> 13,074,146
V
3,180,000
Texas—Austin—
325,260,677
•
Hew
Inc. or
Dec. %
4,066,172
;
Worcester
Total
" ' 4,241,276 ,v
5,202,451
+30.0
'SV.
2.126.510
2,423,045
+18.8
5,376,091
178,411,893
5,959,641
1,014,504
—
297,838,439
(9 cities)—
1,213,531
Connecticut—Hartford—;—.—
New
—
322,382,575
Springfield-
115,693,691 <
15
"■
V
3,227,006
t
*
—
—
3,213,238
■
-..•'-u 6,987,340
191,899,4118,593,950
1,068,486
>
988,016
.
Colorado—Colorado Springs
Pueblo—
3,815,775
.
—
City
Louisiana—Shreveport
Ended
$•■;->.
807,122
Bedford
2,808,374
826,227 c
> 928,693 ' :
3,519,508 >
115,438 >
110,49^
3,484,168
2,949,014
44,295,215 *> 33,118,531
1.0
+47.2
+14.5
196,380
3,596,270
68,996,118
194,338
5,295,005
78,996,118
^
Wichita
Missouri—Kansas
the figures for each city for the
1943
:>•'•.
>■ >"
Lowell
Hew
Tenth Federal Reserve District—Kansas City—
Fort Worth—
District-
Fall River
New
29,665,801
Twelfth Federal Reserve District—San Francisco—
—
Portland
75,041,496
154,164,755 *■
+22.0
173,405,285
.
•. 2,903,593:
•
.
-Boston—
Massachusetts—Boston
•
211,640,661
Eleventh Federal Reserve District—Dallas—
'
First Federal Reserve
'
5,058,105
-
.
...
Kansas—Topeka—__
.
.
Maine—Bangor
...r
> > + >>•>'': '
293,726,362
>
,
$
3,583,992
1,458,320
1,249,168
Omaha
187,707,773'•
115,693.691
+
Week
1944
187/^707,773
\
•; ■
I
+14.1
3,510,721 ^+27.0 > 100,380,797
+15.540,664,951
+ 1.1 ... ' 3.392,509
1,218,380 >+19.7
' 1,052,606
1,167,535
+ 7.0 >•
1,154(302
5,534,080 — 8.6
4,008,869-
48,857,470
V
Lincoln™
187,807,616
219,394,969^
460,976,731,;
+
173,405,285
.
Clearings at—
> >
^—
Nebraska—Fremont
382,939,320
267,638,911
119,397,605
detailed statement showing
15 for four years:
week ended Jan.
241,812,060
* •/'"
3,800,378
Montana—Billings
■
154,164,755
,
8,986,379,883
3,920,929,560
50,208.074
35,773,699
626,000
+13.9
254,451,957
792,000
115,840,275
42,301,322
.
3,543,315
Dakota—Aberdeen
(7 cities)—
+36.5
r'.'-'•>.'•'"•• v.;
;•
147,096,478
St, Paul
305,574,746
3,253(224,918
'489,784,406
222,466,311
277,154,902
572,643,003
+13.9
551,400,301
254,451,95 7
,
4
>>
0.1
+
250,453,311
•'
>—4,337,128
North Dakota—Fargo
Total
'
101,100,000
65.335.700
44,284,360
1941
+
527,111,294
"J-';/5.'' •l':-.'-1.-, •<'
Helena
>+1942
376,549,33 4
297,838,439
130,936,616
499,796,694
—
We now add our
; 1944
$
377,040,251
5,228,049,721
624,610,927
572,245,501
.•... .J. 280,950,305
380,309,024
593,097,008
289,864,736
211,640,661
110 cities 1
—
Outside
i,
"
"
"
10
4th Cleveland
12th San
1
12 cities
*12
"
—
M
Minneapolis
South
•
131,400,000
District—Minneapolis—
Minnesota—Duluth
:
Inc. or
;+
68,674,848
43,750,109
827,000
f
460,976,731
-
'
289,864,736
I--*
•>
Ninth Federal Reserve
CLEARINGS
1943
V
^
(4 Cities)
•"■
Districts:
by Federal Reserve
SUMMARY OF BANK
'
Total
;
.
t
74,353.62 )
47,582,107
1,129,000
+18.1 •
+ 8.3 '
+ 8.8
Illinois—Quincy
the Minneapolis Reserve Dis¬
increase of 1.1.3%,
Reserve District of
trict of 22.0%.
141,200,000
—.
...
Tennessee—Memphis
in the St. Louis Reserve District of 13.9% and in
In the Kansas City Reserve District there is an
the Dallas Reserve District of 9.7% and in the San Francisco
7 6%,
166,800,000
—
Kentucky—Louisville
the Federal Reserve Districts in which they are located
in the New York District (including this city) the totals
show a gain of 20.1%, in the Boston Reserve District of 0.1% and in the Philadelphia
Reserve District of 6.3%.
In the Cleveland Reserve District the totals are larger
by 8.6%, in the Richmond Reserve District by 12.2% and in the Atlanta Reserve Dis¬
trict by 16.2%.
In the Chicago Reserve District the totals record an improvement of
group the, cities according to
and from this it appears that
+ 7.6
Eighth Federal Reserve District—St. Louis—
.-;••
> 572,643,003
551,400,301
593,097,008
(17 Cities)—
51Ac Jan
.
.
Oct
"NoV;
Oct
1.75 Jun
July.
20
.
12%
7c
Apr
'May
25c * Sep
1.90
Jun
12c
Sep
•
M
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
"Volume'159
■'
Name of
Bank Shares, Inc.,
A
Class
common
Barnsdall
Company and IssueAmerican, British" & Continental Corp.," 5 %
''■ ■■■;'■■■
'■
(A, M.) Co.,
California - Electric
mtge.
.Co., -1st -.-trust
Power
bonds
vl
due; 1956■
••
5%
.
;J;.1
3V*9o- bonds due 1966_^_—
*—+-Feb
1
Cincinnati Union Terminal Co.—
a!; 99y9/99t:-y-r\% vlst mtge, 3%% bonds, series E, due 1969—
_™_Feb
1
Clinchfield Coal Corp., 79c preferred stock-,—
.-Feb
1;
Consolidated Cement Corp., 1st mtge. inc. 6s, due 1950—Feb
1 •
Dallas Park Apartments, 1st mtge.- bonds..;—__r—_—Feb 16
Deep Rock Oil Corp. 12-yr. 6% debentures.—
Feb 15
Dow Chemical Co., 5% preferred stock
1—Feb 15
211
-
Central
M-18
1
1-17
1-15
3-11
2- 1
1-19
2-15
1-25
1-15
Portland RR. Co.
2-25
2-15
Public Service
3-1
3-15
2-28
: 25c
3-15
2-28
1-20
1-10
3-
1
2-1
25c
2-10
';Signal/;;^«_y_y»-v^---^r^''vr ,7;'.!!'.'l;/$l''"-:;
2-
.Annual
3-
55c
Corp., common ; 99
3-
2- <6dv
i'
2-5
(7
2-18
1
$50C
&
Investment
Diocesan
Shares
of
Trust—
3-
1-24
:
1-25
;
.
25c
-
I
!':■ 1-31
$30c
t$1.25
:
—_
1
Products Corp.,
$4.50 pfd. stock—Feb
West Virginia Pulp & Paper Co., 6 r!n preferred stock__Feb
York Corp.—York Ice Machinery Corp.-^- ■^
1st mortgage 6s due 1947.——:
Apr
.
$1.50
Felin
$1.75
—
"«5<S!
""Announcement
in
this issue.,
$In Volume
158.
•
;
Insurance
(Dallas, Texas)
Stores
-
3-15
.
3-
$1863
1
B (quar.)
$1675
2-15
50c
!■
3-
7%
;
49
Investment News
■
■
(quar.)
preferred
Van
6^
3-13
2-25
5-
1
4-20
5-
1
4-20.
$1
!"' '
1-24.
2-1'
25c
5;
3-15
.
3-
lv.V"
'
35p :
2-1
2-
25C.
•
1-20
'
1
1-20
1-29. "C.
2-5
62 Vac
(accum.) S.2u!>
2-5
1-29
f20c
4-
1V
I20c
4-
1
•40c
2-10
2-10
f30c
2-
I
1-15
25c
2-
I'
,,
1-31
..
•
preferred
2-29
2-29
.
'
1-31
,
(accum.)———
■
='■ 6(;c
;a
$2198
-
'
2-
1
1
31-
1
1-
1
.
S
1
;
•'
•
Common
'
59c
2-15
.
12^—
(quar.)__r_—
Amerada
2-
Department", in the week when
,$l'
7-1
D25
2-14
1-29
30c
2-1
1-22
2*
1-22
dK
preferred
57c
.//■
2-
9v9975,o9
A
optional
dividend l/64th sh. of class B
•
69c
1
preferred
of
■;'
(quar.)
Co.
(quar.)——
1
■
59V
2-
2-15
2-15
1-20
1
30c
2-
30c
py- 2- 1
1-20
25c
—
"—;
3-10
2-25
3- 1
2-15
,:•
2-1
\
2-1
$1
1-10
P- 1
20c
30c
37J/2C
$2
! 50c
$1.25
1-14*-j
2-1
1-15
.
2- 1
1-31
30c
——
2- 8
2-1
'
—/—.
j-20
2-15' '
$1.25
'■
1-15
-
1-18
v; 2- 2
,
1-5*
1-17
2- 1
2- 1
1-17".
/,!"':• ■•;■■>•. \,!V: I,';".
2- 1
1-14 O
,
Zinc Lead
prior
.
.
—
5
2-25
2-26
\
,
'9- 2-919
9:2^59
■
1-20* 7
(quar.)
■
& Smelting—
y.9
preferred (accum.)
$1.25.
Amoskeag. Co., common (,s-a)__
'
75c
7- 6
6-24 1.
$4Vi preferred (s-a).—
$2.25.
7,- 6
6-24 /'
Ampco Metal, Inc., common_^_—
10c
3-30
3-10
Anchor Post Pence, 6% prior pfd. (quar.)— :
$1.50
1-31
1-21
Anglo-Canadian Telephone— ■•/"■-!,. '■■^'■■9999'''.. ",9:.J,
5Va9a ■ preferred (quar.)
————.—
$68%c
2- 1 /.1-11
Appalachian Electric Power—
;-'.//!' .:,;vV
,:!- >'
4V2%
preferred (quar.)—
$1.12V2
2-1
1- 5.v,
$5
1
2-
1-15
•-/
37V2C
preferred
American
1
2-15
■
1-15
-
'■:9 '■1
V
cash—
or
Georgia, $2 pfd—
!
American Sugar Refining," com. (year-end)_
American-Viscose Corp.,
common____^!
2-17
2-
Stove
American
1-22
:
Co.
Export Lines, 59c pfd, (quar.)_„.
Home Products Corp.
(monthly)—
American .Light & Traction, com.
(quar.)—.
2-15
1
,
1-21
1-31
2-15
Equitable Assurance of N. Y. (s-a)
,;! 1-21:
'.
^
!
2-1
American
2-
/
1-12 -!••'
75c
-
Sz/, Light— ,■,
;;;"
dividend series-/(stock;'"'';!'-';,
American
3-1
,
1-28
2-1
'
12V2o
■
American.
*25C
25c
V
"
2-9
$1
5c
(quar.)«
Corp." (increased)___
2-18
1
25c
1
/■■."■25c2- 1
Discount
2-
50c
x
1-
30c
■,
■
American
3-1
.
2-
.v
■
Petroleum
Conv.
1
Marine
Bancorporation—
Initial stock
(quar.)——
Fully participating (quar.)
2.-'; 1,
2-15
$1.12'/a
■
'i'""'!;
give the dividends announced In previou»
'
2-15
-t—'
Madison Square Garden Corp.
we
'
2-15
Mackintosh-Hemphill Co.
v2-
1-21
Industrial and Miscellaneous Companies
3-1
$2.50
3 -T
:!' -2-11
3-15
2-15
<
—
:
Lynch Com.
.
t25c
(Thomas) Nurseries (irregular)
Consolidated Gold 'Fields——
5
Oy
(s-a)_
1-
2-11 "
3-15
20C
4-15
3-1
(s-a)
non-cumulative preferred
'
1-15
'-:";4$i;
(S. S.)Dental Mfg. - (quar.)j2!2i
National Life Insurance (s-a)—
3-11
1
&
Louisville ^Henderson & St. Louis Ry;-y
.
26c
Worts—
Extra;
2-98
6%■ 1st
1
preferred.___.....2
3
$250
(quar. V-~—
1- 3;''"'''
1-15
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the '
orpopdine1 .table'
.•;v:'- '
'.;■//. '■';!;!■ .;,r:"■,''•;' .:
;.'••!-
!:>"2+:4;;
Taylor, 8% 2nd preferred (quar.)—
■,'P"2-;'T 3!
-„"T"
"'$1.50
preferred (quar.)/v——
3-3
Louisville & Nashville RR. (irregular )—^._^W ■!■/■!;,; V$2';t;
Lord
4
2-
'
Wisconsin
75c
A (quar.)
$1.25
&
2
3-20.
.
■■■•
.
White
2-
2-25
75c:.
—
Common; (ouar.)
'■>'
•
American Can
1
5-
3-
■■
1-31
i
4-10
American Cities • Power;-'
3-15
4-
.
'"!>
2-1 '
.
; 2-
2-14
$2.50
(quar.
B
12-15
''
2-29
$1.50
2nd
class
12-15
«
3-
50c
Co.—
Corp.
Amalgamated Sugar,
2-
V'.'3-;i"/!!
30c
B.)
2-99
1 ■;
,
2-7
25c
1-15
3"
9 87VaC
'
2-10
$1.25
"
-
4
2--1
4-
'
.2-10
"'"3-:''l
1-15
1
$2.50
:
(quar.)
preferred (quar..;)_^«—'
1st
1
$1.50
class A (s-a)__—
••
.,
'■
75c
(accum.)
(quar.)—.
(quar.)——^—..2
Mfg., $1 conv. preferred.—^
Mfg. Co. (reduced)
..
..T.—
West Virginia .Pulp & Paper—'
'!i'-;
Axk 9e preferred (initial quar.)___—Wheeling & Lake Erie Ry:;-r-^'':;:!';
4%
prior lien preferred (quar.).
"
(quar.)
2-16 '
3-1
?5c
!
Wentworth
1-25
.
2-15 '
2A-1'
4-1
.
•We3t Point
//. 1-24
.
2-11,
;
,
3-1
40c
$1 preferred
,;'
Below
2-21
$1.75
preferred (quar.) ______
_
50c
Lanston Monotype Machine
:
$2c
Leitch Gold Mines (quar.)
^—r-_'/ !
50C
Life Savers-Corp. (increased)..
75c
Liggett & Mvers Tobacco, class B (quar,)—
79^
$1.50
:
'(quar.);-.^..L*—i.;
Adams-Millis
Kroger Grocery & Baking Co., com.
116
( J.
non-cum.
Common
1
2-1
23/4C
•
1-31
15c.
59"
1-24
15C
pfd. (quar.) - '4 $1.75
•
6
1-28
2-
'V
2-
;;/
1-21
2-15
37VaC
Young
2-29
2-
1
25c
class A preferred
Yuba
2-
62VaC'
Keystone Steel & Wire
;
(irreg.).
2-15'
1-31
$1.75
5%
2
com.
(quar.)
Sugar Co.
Sciver
2-15
/
2-15
.
$1.50
-
Kentucky Utilities, 7% junior pfd, (quar.)—.
50
259
announced, but
;
...
..
'..Appleton!Cb;..*.ii_-»_--_9i,_—-_V--.---.--.-ii—60c2- 1
.1-20
Armour & Co. (111.), $6 prior pfd. (accum.)_
$1.50
,
4-1
3-10
Associated Telephone Co., Ltd.—
!
'
$1.23 preferred (quar.)—.
3IV4C
2-1
1-15
Atchison Topeka & Santa Fe Ry., common.
$lVa
3-1
1-28
5% non-cum. preferred "(s-a)-^—.
$2Va
2-1
12-30
,'Atlantic City Electric, $6 pfd. (quar.)
$1.50
2- 1
1- 5
Atlantic Rayon Corp., $2.50 prior pref. (quar.)
62Vzc
2- 1
1-15
Atlantic Refining. 4% conv. pfd. A quar.)^• $1
2- 1
1-5
Atlfs Plywood Corp. (new common) (quar.)
15c
2-1
1-10
$1.25
preferred (quar.)—
31c
2- 1
1-17
Atlas Powder, 5% "preferred (quar.)_,—,—$1.25
2- 1.
1-20
Ault& Wiborg Proprietary, 5%% pfd. (quar,). f$1.37Va
2-1
1-15
,
Per
Masonite Corp., common (quar.)
41/2% preferred ^quar.)^.———^,4.—
"■
Massachusetts
Maud
When
Holdert
•
"
Abercrombie
Name of Company
& Fitch
Share
(annual)
Payable
of Rea.
50c
1-15
1-.4
Alabama Power, $5 preferred (quar.$1.25
Aloe (A. S.) Co. (quar,)—'
50c
2- 1
1-21
2-1
1-20
3- 6
2- 7
Aluminium, Ltd., common
——
(quar.j—
6% preferred (quar.)__,
Amalgamated Leather—
6%
45c
.....
Walker "(Hiram) Gooderham
•
.;'
40c
'
Industrial and Miscellaneous Companies
'
1-15
\ $1-75
59^
;
2
40c
*4^.''"
(
Jamestown Telephone,
3-
25c
-
International Harvester Co., 1%
?
The dividends announced this week are:
.
1-25
2-15
$i.i2ya
Thompson ( J.
Trunz, Inc. (irregular).................-.—•
2-15
50c
...
Institutional Securities, Ltd.—
Bank group shares (irregular) •:
declared.
:
•
!' $2
:
Swift & Co. (increased quar.
1-10
1
•
$6 preferred (quar.)
Illinois Power, -5% preferred
115
which have not. yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and
"
3-
1-39
'
1
3-
75c
;'w;/$■ -r
:
Idaho Power, common,
.
second table in
a
"
1-20
2-16
3-15
,;v
1-22
10c
$1.25
;
■
Hussman-Ligonier
$1863
Class B
follow with
2-28
•
$1.05
:
(A.) Co. (quar.)
"
Hooker Electrochemical
;
we
1
3-9
2-21
2-14
3-15
—••
Homestead Fire Insurance (Bait.)——^— '
114
are grouped in two separate tables.
In the
bring together all the dividends announced the
Then
2-
25c
2-14
;
3
.1-15
$1.75 convertible class A (accum.)—*—
;
i
show the dividends previously
3-31
$8.50
50C
::i 1-15
9-2919
25c
(quar.—__y;;
A •& B
on
Hobbs Battery Co;—•
48
Dividends
we
2-28
1-21 r:i'.
!
1+15
35c
Hanna (M. A.) Co., $5 preferred (quar.)—
.Hearn Department Stores, 6% pfd. (quar.)—
-■ ■# 114
DIVIDENDS
which
2-15
"
1-90
1',
$1.75
(quar.)
Loblaw Groceterias Co., Ltd., class
current week.
/■".
2-15
3-31
$1.75
(accum,).
(quar.)
Utah-Idaho
1-20
-
we
'
3-15
3-
;.
Hale Brothers
.
first
3-15
$2
$1.25
::
common...........
United Corp., $3 preferred
2-
Co., common (quar.)^u—' 99^25^9
Hancock Oil Co., class A and class
';
$1.75
;. 2-15
3-15
V 3-90
Hosiery,. - 5%,% preferred (s-a)——- $2,87 VaV; / SV'T/'.V 4- 1
569*0
Glidden Co.,AV2%„ ConV. preferred (quar.)-.
3; 3-11
Greenfield Gas Light—
•
I
.
^
;
vi-15
2- 1
75c
6 %■: non-cumulative preferred tquar,)ii--
;:U Extra-
;
1-21
3-15
$1.50
United N; J. RR, & Canal
1-31
.2-1
$1,75
preferred (quar.) —
——————
General Foods Corp., common* (quar,'J.\ r::.j:4Dc9S
$2088
.
(quar.)
1-26
2-/1/.;i
;
■
/
General
*
1
50c
2-15
v
25c
1-21*
87VaC
7"3-
'
—
1-21
3-15
50c
pfd.
^
1-24
,
"
1-25
,50c
1
com. (Irreg.)—
$3.50 preferred (quar. )^-_i"
General Cable Corp., 7% pfd, (accum, )—
C Fulton Industrial .-Securities,
1
:
'
$1.25
$1.50
;
2-21
(J; J.), 7% preferred (quar.)j,——
Franklin Fire Insurance (s-a
Gulf
„
1
■
Inc., $1.50 conV. preferred (quar.).
Strawbridgo & Clothier, 6%-prior pfd, (quar.)
2-">5
Fairbanks Co., 6% preferred (quar.)—
Federated Petroleums (irregular)——
■:
1 :
15
1
2-
2-1
2-15
3-10
3-
.
;; 37Vac
1
1
1
cumul. preferred stock.
—Apr
1
Twin State Gas & Electric Co., 1st & ref. 5Vis. ser. A
Jan 29
West Virginia Pulp & Paper Co., 1st mtge. 3s due 1954—Feb 25
Westvaco Chlorine
2-
40c
1
50
7%
50c
41 %c
Sterling,
ul-31;!;;
1
50
Corp.,
1-21
'•
^_.__u_!
$1.50
1-17
2-25
99
—
2-
1
Tubize Rayon
1-22
2-1
"
1-14
2-
r
Purchase money 1st lien 6% bonds dated 1920—
-Mar*
Trustees of Temple Baptist Church, 1st mtge. bonds—FebTubize Chatillon Corp., T/o. preferred stockl—^.I-^-Apr
1-22
12-31
1
58'ic
(monthly
(Del.)
preferred
Stein
2- 1
2-
1 :'
■;
1
1-3
2-
Standard Oil of California
(iirreguiar)iuldl
Standard Stoker (irregular)
1-24
1
i5c
-
2-
1
10c
1
2-
.
,
\9:2- 19:
,
SJ: lie'
Erie.& Kalamazoo RR. (s-a)
113
•
3-10
Sparks Withington Co., 69c conv. pfd. (quar.)
1.-20
1
2-
75c
35c
beneficial interest
General Cigar
1 ;
29
Springfield City Water Co., 1st mtge. 4s, ser. A, due 1956—Apr1
.■'Standard-Public Service Corps— .
;
•
1st lien 6% bonds, ser.
1st lien 20-year 6% bonds, series A, due 1948——-Feb- i
Tennessee Coal, Iron & RR. Co.-r—rC"oLj
;
General mortgage bonds, due 1951—,.
Jan 24 />•
Tennessee Consolidated Coal Co.—
'
3-25
25c
$40c
Public 'Markets
preferred
69c
-
.
(quar.)
Dominguez Oil Fields (monthly)—
Dominion Bridge Co., Ltd.. (quar.)
Dominion & Anglo Investment—
"7'i 5%. preferred (quar.)
Dun. &. Bradstreet, Inc. (quar.)
Duquesne Brewing (quar.)——
:
I
2-
'/";!;•// $2
Dennison Mfg., 8% debenture (quar.)
$6 convertible prior preferred (quar.).—
Derby Gas & Electric (quar,)
:
Salmon River Power Co., 1st mtge. 5s due 1952
Feb
Southern Pacific RR, Co., 1st refunding mtge. bonds—Feb
2- 4
••■■■
(monthly)..
(monthly)
Slaton. (N. )■ Co.,, Ltd.
Smith Agricultural Chemical,
1-19
1
4-1
$1.75
Dallas Railway & Terminal, V'/o pfd.?(quar.);
;
2-
■■
12- 7
1-3
:
+$1.25
preferred- (s-a)__
$1.50
.
1
1-26
$2.50
40c participating preference (s-a).......^
Sioux City Gas & Electric, common.^.;
1-14
1-15
25c
1st preferred (accum.).
Seal, Ltd. (quar.)—
$1" partic.
Crown Cork
$2620
4%. bonds due 1944-?1955,
—Mar-V:;i-t
Safe Harbor Water Corp., 1st mtge. -4Vis-due 1979_>_>—Feb ; 3
St. Joseph Ry., Light, Heat & Power Co.—
1st 4Vis due 1947^
:_Feb
1
3-
gtd. (s-a)
$2.50 preferred (quar.)
Silverwood Dairies, Ltd., com.
•
79c
Dairy Corp. (Canada), 5%
M-,
bonds
-4-4^-;-ii-;---Feb:'"' -L;.
Roman Catholic Episcopal Corp. of Ottawa—
- '
2-
.
of Colorado—
preferred (quar.)
Signode Steel Strapping,
■
1st ref. mtge. monds—Feb
Queen of the Holy Rosary Cathedral, 1st ref. mtge.
■
1-20
2-15
S7c
.
Central Catholic High School,
2-10
'
47
1.
".! 1-20
2-15
50c
Sierra Pacific Power, common
Crosse & Blackwell—
\:-l47
5;
'"'
1
2-5
46
1
1-15.
1
46
Reliance Mfg. Co. of111;, preferred- stock———^Apr " 1
1
.
1-21
25c
Saginaw & Manistee Lumber, 77c preferred.
Scott Paper, common (quar.
$4.50 convertible preferred (quar.)
^
$4 preferred (quar;)
.,!..
2-
2-15
50c
1$1.40
■
2-
1-31
1-20
/
10c
Rutland & Whitehall RR
.
,l!<::
.3-
31V4C
(quar.)
1
$17^c
(Me.), 5%
Co., class A (quar.
Hosiery Mills,.. 7%
,,Roberts
(Toronto)—
Continental Life Insurance
"
!
1-22 ,!."
2-15
60c
"
1-31
$2.50
Silk
Seaboard Oil
Vultee Aircraft
1-28.
1
2-
$1.50
Valley
"
#
,
2-25
,
2-15
2-
$1.75 '
(quar.)
Scale, Ltd., common (irregular)..
preferred
preferred
Real
1-26
1-20
.
'
1-25
1
2-
15c
$1.25 convertible preferred
35c
2-19
i9:
2- T
■
v,
:
1-21
1
1
■
75c
68 %C
:1
G9c
Randall
1-25
•
1-31
V,3-
50c
convertible preferred (quar.)
Connecticut Light & Power, $2.40 pfd. (quar.)
'■
$2.20 preferred (quar.)
—■
.
37M>c
preferred (monthly).....
...
i.
7% preferred (qua*)
8% preferred (quar.)....
Public Service Elec. & Gas, $5 pfd; (quar.)..
.M• >7r'c■
preferred '(quar.).-^
2+10
1-31
1-21
2-15
2....
______
6%
12-22
20c
$1.25
75c
4-
3-
•
:
Public Service Corp. of N. J., $5 pfd.. (quar.)
1-25
1
3
1-
$1.75
'
$2.75
214
$25c
preferred (quar.)
5%
1-31,;!
2-25
9
25c
Belt
1-21
1-31
2-1
$3.50
$$1.75,
T--
...
!
(quar.)
Railway
,.;!.'
Trust—
Investment
Columbia Pictures Corp.—-
6
■
7%
2-2
25C
„
:
108
l
1
Philadelphia Rapid Transit- Go.-, -5V<r- icolh .trust bonds—Feb
1
Phoenix Hosiery, Co., preferred; stock-2—w——
Mar.. 1
Price Bros. & Co., Ltd.—' '-A; ; ?A.! a..a9 y 9
4% 2nd mortgage conv^.debs.v-due -lG57w—ui.—
—Mar
1
Protestant Episcopal .Church- in -the Diocese of Chicago ?v v; ; '
■/;.
(Board of Trustees pfj^series 'H" 5.y2,7o notes dated
'
;
Pneumatic
.1-19
3-15
?$1
(quar.)
1
2-15
15c
Philadelphia Insulated Wire (s-a)...
Phillips Petroleum Co. (quar,
Pittsburgh Forging Co. (quar.)
2-1
17c
Life Insur ance
1 '
2-
$1.75
preferred'.' (quar..)^.2-.w—
Grinding ,Wheel..^.....„.iLH»i^.
77c' preferred
*
;
213
■
6fi
12-31
4-1
;
2-
,
•
■
'
Peninsular
2c
Products, Yk\ preferred (quar.)—
Cherry-Burrell Corp., common
5%preferred. (quar.)
Chestnut Hill RR. (quar.)
—
Chicago Wilmington & Franklin Coal
Citizens Nat'l Bank & Trust (B'klyn) (s-a)City Title Insurance (N. Y.) (quar.)
.
Pennsylvania State College^»^^;'^,y';'»"V:::v.i,;'':-,"^Kr
3%% Serial notes dvie !945.-'1946^=;i^^-i—_-.—Feb
Philadelphia Electric Ppwer :Cor, lst- mtge. 5}/ss due 1972-Feb,
Republic -Steel Corp.."%gen.: mtge.- 4%sr ser. B, due 1961—Feb
Roman Catholic Bishop .of Toledo—
1
2-
$10c
Chemical
Consolidated
.1940
2-
15c
preferred (accum.)
Chain
'V;
(accum.).....
$1.50 class A (quar.)..
$1.25
International
5%
■
-
2-18
25c
(quar.)
Canadian
59o
mortgage
$1.50 class AA
Peoria & Bureau
..——w-1
Castle (A. M.)
bonds
.——Feb ; 15 :
8
-Great Lakes Power Co., Ltd., gen. mtge. 5s due 1957
Feb
4
8
Hawaiian Irrigation Co., Ltd., 6% bonds, dated 1909—July
1
Hudson River Traction Co., 1st mtge. 5s due 1950
Mar 1,
V,"
Internat.onal Rys. of Central AmericiM'-^:'#.^
1st lien & ref. mtge. 6 Va % bonds 1947.—
Feb
1
$2253
Iowa Pwr,& Light Co., 1st mtge. 4Vas, ser. A,' due 1958—Mar
1 ; $1134
Iowa Power & Light Co., 1st mtge. 4s, due 1968——Mar
1
$1134
Iowa Southern-'utilities.- Co. of, Delaware— ../a/. 99)9"'9 '■
99:" 9'
4JA% debentures due 1966——
;
—Feb
1
8
Kansas City Gas Co. 1st mtge.- 5s, due " 1946^.1-^^—Feb • 1 / $2363
Lexington Ry. 1st mortgage 5s due 1949_a_
——Feb
1
$2582
Monroe Coal Mining Co.,1 st mtge. 6s due 1947.
—Feb
1
$2583
Montana Power Co.; .Ist-.jSi- Tef.-mtge. 3%s,-due 1966—Feb 10
217
111
National Power; & Light Co.f S6 preferred stock^,_—Jan 31
New; Jersey & Hudson."Ry/TSi F6rry Co"., lsfe 4s due 1950_Mar 1
Northwestern Barb Wire Co., 1st 5%s-due 1945.:
Mar 15
112
Ohio Edison Co., $6;60, $7 and: $7.20 preferred stocks—Jan 31
12
Pacific Western Oil (Corp.y 3Va% +debsydue 1949.—Feb
1
$2365
Park & Tilford, Inc., preferred stock———Mar 20
1st
3-1
2*/2%."
I"20
$1.50
'
„„
....
Ohio Casualty Insurance Co. (s-a)
Pacific Power & Light, 79c preferred
75c
(irreg.)
com.
preferred (quar.)
1-31
50c
'
1-29
'
O'Connor Moffatt & Co.—
50c
Millsy'
'
107
1
77/
,
Mills, Ltd. (interim)
Callaway
■:
1
Silk
Special
■
$2360
RR;, ,79c gtd. (s-a)
Ogilvle Flour Mills, common' ^ quar,).,..
2-11
I2V2C
212
28/
North Carolina
2-15 ■:
2-15
r;-
15c
'
2-.15
y:&
37Vac
CaUfbrn ia-Western
$2359
$7 preferred ;stock.i' •
■'
75c
3-~l
England Fund—
of! beneficial interest
...
2-15
.
3-15
!
1-31
20c
.1-14
Bunker Hill & Sullivan Mining & Concentrating
,
'
3-
Buell Die & Machine (quar.
-
Durham Public Service Co.—
% bonds, series A, due 1949
Apr
(T,) Realty Co., Ltd., 1st mtge. 4s due 1951—--Jan
Elgin, Joliet & Eastern Ry.—
*
1st mortgage 3 Vis, series A, due 1970—
Mar
Florida Power & Light Co.— -
3-
■"
Brunswick Site (irregular)
mortgage
Ref. mtge. 7
preferred
Bruck
,
'
■■S-
75c
,'1-14'
common^stock).
Broadway Department Stores,
mortgage 4s, series A, due 1965.:—
Mar _1
107
Central Pacific Ry. 1st refunding:mtge. .bonds..———Feb 29
Central -States Power & Light Corp.'—- ■ !
.£■;'
1st mtge, & 1st lien. 5'A % gold bonds due 1953——Feb 14
Chesapeake & Ohio Ry,-+-v/:.;v:;;;!:.!
:t9J97999 9:;9- •
9^:9 ■
Ref. & impr. mtge..3V2% bonds, series E, due 1996
Feb
1;■■
Chicago & Western Indiana RR;—-. r
•
'
"$2249
1st & ref, 4 Vt% bonds, series D, due 1962~—_—.
Mar • 1
Cincinnati Gas & Electric Co^—'99'
v'/A./!a;/
'■■■' i9L9
Eaton
50c
62VaC
(reduced s-a)-^_
.
.
*1728
,•.
1st
1st
W.) Co., common
Of Red,
$1.50
'
(quar.)
New England Water Light & Power-Assoc,
preferred (quar. ).^™..
New Process, 7% preferred (quar.)..
1-10
2-
H older $
Payable
—
Ctfs.
1
2-
3
1-20
2-1
-
Brach (E. G.) &
-
3-
$1
$1.75
25c
C.)t l'/o 1st preferred (accum.).
/.Bond Stores, '(quar.)1
Boulevard Bank (Forest Hills, L. I.) (s-a)_^
Bourne Mills (irregular)
;
British Columbia
Electric Ry.
Co., Ltd.-—
5%
prior preference (s-a)-.
106
•
1-31
(quar.)
...
Carolina,■'Clinchfield;&Dhio;'Ry;"^^v"V''v,'i:\'!;r'C;'^\:;,.,,f?>",:,^, ;:.\;-'v,.'4.i'
2-15
3-1
Bohack (H.
3
1941i-«-Feb. 15;,,.
Co.,'1st mtge^ 7^'."bonds due
Caribbean Sugar
New
.,3-10
20c
■
6% preferred (s-a)
:5% .preferred
Blue Ridge Corp., $3 conv. pfd. (quar.)—..
Holders option (cash or l/32nd share of
10G
1
Light, $6 preferred....
Nestle-Le. Mur, $2 class A (accum.
National Power &
When
thare
Name of Company
f
1-12
$$2,
■
,
■
1
7% preferred .stocki_i_;———--Feb ,■; 1
Byers
.
Bliss (E.
.
1-13
'
m
1934——Feb 29
,
1-12
''
.
American^ Utilities Service. Corp.—.
'/•<;
Collateral trust 6% bonds, -series -A, dated
Per
0/ ftfic
1-13
15C
;
(quar.)
Electric, $7 preferred (quar.)___^__
Common (quar.),
41525
Avery (B. P.) & Sons Co.; 5% notes due 1947,—,.—-Apr
Brooklyn Borough Gas Co.; 1st mtge.-4s due. 1965——Feb
Haider i
Payable
30c
■*
Birtman
Page
debentures
1953
due
.
'
Date
'
Wnen
'
40c
-
(accum.)
Biddeford & Saco Water
preferred and common stocks called for redemption,
including those called. under sinking fund provisions.
The date indicates the redemption or last date, for mak¬
ing tenders, and the 'page number gives the location
which the details were given in the "Chronicle.
rest
Share j
(s-a)
common
Belding-Corticelli (extra)
Belding-IIemingway Co. (quar.)
of corporate bonds, notes,
Below will be found a list
Oil
Company "
class A
oo.
$$2
1
•
;.V_
-
-
$$1.50
American Fidelity
Co.
American, Furniture Co.
American; Hide &
American Stores
f
2-3
—^
(quar,)„_
-3-1
2-18
2-1
1-21
25c
2-
1-21
50c
—
(irregular)—
Mclntvre Porcupine Mines (quar. )————_.
.'
.Meadville: Telephone (quar.)———i-—
Meier & Frank Co." (quar.)——————
.'
Special;
8%
1st
1
American Sugar Refining, '1% pfd.
American Thermos Bottle (quar.)
'
$2
(quar.)——
(quar.)—
$1 prior preferred (irreg.)—
$1 prior preferred (irregular)—!————
$1 prior preferred (irregular)—.
—
1-14
2-15
2-10
3-31
3-21
4-
1
2-23
Montreal Cottons, Ltd., common (quar,)
7% preferred (quar.)
—i—
—-—
4- 3
3-6
Nation-Wide
Abestos Mfg., $1.40 preferred (quar.)
Augusta & Savannah RR
$1.75
-
50c
2-
35c
2-15
$2.50
1-17
1
1-20
2-1
.
1-10
Series
B
7%
(accum.).
(irregular).
National Bearing
Metals,
preferred (quar.)
1
3- 3
4-1
3- 3
1
3-13
3- 3
25c
6-12
6-
25c
9-12
9"2
2-
2
V<2-15
$1.62"'/2
t$l
f$1.75
:
American
Y.)—
(N.
Insurance
(s-a) —
Common
i,
,
—
—"■*>'
(quar.)—
2-15
2-1
2-
4
'
Benson
Aircraft
3-15
2-15
Best
&
&
Co.
conv,
2-1
1-15
25c
3-
1
2-16
Blue Ribbon
2-
1
1-18
Booth
pfd, (quar.)__-:
-
Blair & Co., Inc.
!
(resumed)
Corp., 59c
conv.
—
pfd.
1-5
$1
50c
(resumed)———
$2
(quar.)
Hedges,
2-28
2-
1
'
2*"
1
(quar.)—
Fisheries, $6 pfd, (initial quar.)
"
2- 1
2-1
1- 5
50c40c
2- 1
2-15.
1-20
1-25
40c
—
-
—
Bellanca
2-15
2*15
3- 1
25c
—
$1.75
7c
5c
$25c
r
class A (quar.)_-,,
Bavside Nat'l Bank of New York (s-a)
Bathurst Power & Paper,
Extra
;
:
10c
—
Extr&
3-15
(Colo.)—
—
Baltimore
1-21
25c
-50c
.
'
•_
common
.
5
Minneapolis-Moline Power Implement—
Securities.Co.
1-24
3-3
—
Extra
1-15
75c
25c
(quar,)_
-
4-1
4^
50C
"
Co.
1-24
1-31
-
'
preferred
preferred
1'
1-31
2-15
1-31
15C
,
25c
Miller & Hart,
$6%
:
1
1-11
-2-
3-1
$55 VaC
50C
3c
(quar.
Leather, £'?<> pfd. (quar,)-
2-
1-14
' 37VaC..
Midland Steel Products, common.—
$2 non-cum. preferred...
,
2-15
50C
-,**•
——
;
87VaC
Bonding & Insurance (quar.).
Candy Co.
Midwest Rubber .Reclaiming
preferred; (accum,$1
American Barge Line Co. (quar.),—
15c
Co.
1
-
convertible
American Book
3-
Muller
$1.12 Va
2-35
,1-25
+62Vac
2-15
2-1
12-31
1-22
$1.50
2- 1
1-21
15c
;
1-10
•
Payable
of Rec.
Name
Bon
i,
(quar.)___
Co. (quar.)—
B
Edison
Boston
Fund, Inc. (quar.)
Boston
Bearing
Roller
Bower
—__
,
1-31
,
1-10
1-31
Greyhound Corp. (quar.),
514%
preferred
(quar.):
Griesedieck Western Brewery—
3-20
3-10
3-31
$1%
.
3-24
2-
_
1
1
1-15
1
1-12
2-
preferred (quar.)
———$1.25
Byers (A. M.), 7% preferred (quar. )„_,,,
$1.75
Caldwell Linen Mills, Ltd., com. (interim)-,
t25c
$1.50 1st preferred (quar.)—,—
?38c
80c 2nd partic. preferred (quar.),,,—I20c
Calgary Power, 6% preferred (quar.),,,,,,
$$1.50
California Electric Power, $3 pfd. (quar.)—
75c
5%
22-
1-15
Extra
(quar.)—————- -
Canadian
Investment
shares
Special
$10c
$25c
2%
(irreg.)—;——!——
Capital Transit Corp.
Corp.,
Celotex
(quar.)
common
®
preferred (quar.)
———
Hudson Gas & Electric—
5%
(quar.) —
Central New York Power, 5%
preferred
7%
Century Ribbon
Century
(quar.)
:
Mills, Inc., 7%
Home
1-10
1
1-10
2-
1
1-10
12-31
preferred (quar.)
x.___
$6 preferred (quar.),_____
Huston
(Tom)
Peanut, com.
(quar.
1
1-15
2-
1
1-
5
2-15
2-
1
•i
Trust—Shares
Quarterly
Quarterly
1
.—
—
Texas Pacific Ry.—
5% preferred (quar.),,
_
_
5% preferred (quar.)
:—^
5% preferred (quar.),
5% preferred (quar.)—————
•
City of New York Insurance,'.——
Cleveland, Cine., Chicago & St. Louis-
12-31
1
12-31
1
1-15
2-
1
1-15
2-
1
12-31
2-
.
(s-a)
Common
1
1-10
1
1-15 i'v
International Match Realization
5%
preferred (quar.)
'
1
1-15
2-19
7%
preferred (quar.)—
& Iron
Columbia Gas & Electric, 6%
$4.25
2-
Commonwealth Edison
Concord Gas (N, H.),
Co.
7% preferred
Connecticut & Passumpsic
n
'
•
6-14
10-14
9-14
Interstate
1
2-15
Department Stores,
7 %
preferred (quar.)
Intertype Corp.
5-15
Ironrite Ironer,
3-
6-1
9-
1
1
1
$6
Class
(quar.)
A
;
Diamond Alkali Co.—
6%.
Shoe
Diamond
Distillers
Corp.,
Dixie
7
:
1-15
1-31
■
(quar.)—
I
Employers Group Associates (quar.)
$5
preferred
—
:
2-
1
12-31
2-
1
1-15
2-
1
1-21
Fidelity & Deposit Co. of Md.
First
Boston
2-
1
(irreg.)
Corp.
Florida Power & Light,
$7 pfd.
(final),
Gar
Wood Industries
Louisiana
5
General
Baking
Foods Corp.,
$4.50
General
Metals
General Mills (quar.)
General Motors Corp.,
pfd.
$5 preferred
,21—■
(quar.),
General Outdoor Advertising, 6% pfd. (quar.)
General Shoe Corp.
i
General Steel Wares,
Gibraltar
Fire
Globe &
7%
Marine
Insurance
A
,
3-
3-15
1
1
1-17
2-
1
1-17
'
1
1-11
1-31
1-15
'
1-31
1-22
1-25
Class
Gotham
B
common
Hosiery
Co.,
7%
preferred (quar.)^
preferred (monthly)
50c
Power & Light (irreg.30c
Subject to the approval of the Washington
•
Dept. of Public Service
>•
..
1
Purolator Products, $4y2 preferred (quar.),,
$1.13
2-15
2-15
1-14
1-24
2-
1
2-15
2-
2- .1
1-20
1
1-21
12-20
12-10
I
87y2c ,7
10c
2-
50c
3-
1
4-
1
$3
■
$5 convertible
Reliance
2-15.
1
1
1-15
1
4-15
15c
2-25
2-U
2-
1
1-18
2-
1
1-13
2-
1
1-14
2-15
2- 4
(reduced)
$1.50
(quar.)—
•
$1.31%
common
.1
v:
.
$1.50
SI.50
_
6%
preferred (quar.)
Rice-Stix Dry Goods (irreg.)
Richmond Insurance (N. Y.)
(quar.)
McLellan
1-22
6%
1-15
Melville
2-
1
1-15
-
<7
■
Stores, common
preferred
Shoe
—
1-31
2-
1
2-15
2-
1
3-
1
2-12
2-
1
1- 6
2-
1
1-
6
1-31
1-17
7%
1-31
1-17
$6
1 >
1-15
1
1-20
2-
1
.1-20
4-
1
3-18
4-
1
3-11
2-
2-
2-15
1-15
1
1-31
5
,
1-18
1-29
1-22
1
1-14
4-
1
3-15
7-
1
6-15
10-
2
1-31
„
2-
Hill
2-
1
1-18
1
1-10
National
1-31
1-20
2-15
7
1-17
2-
1
1-10
2-
1
1-10
2-15
2-
1
1-31
1-15
2-
1
1-13
3-
1
2-15
2-15
2-
1
2-
1
1-
1
1-20
50c
$1.25
$$2
$40c
3-15
2-15
$1,75
Roos
1-25
Rose's
1-31
1-20
2-
1
1
1-3
7/1-15
2-
1-3
1
1-
■.7/2- 1
3;
2-
1
1-15
2-> l
1-15
2-.1
1-15
$1.50
2-1
1-15
2-
1-15
$1
2-
$1.50
1
1
2-2
5C
2-
1
1-12
1-31
12-31
75c
2-15
2-
$1.50
2-1
1-20
50c
1-31
1-17
1
10c
2-21
1-27
25c
2-
1
1-20
25c
2-
1
1-22
56y4c
2-
1
1-15
50c
2-
1
1-20
15c
2-
1
1-11
50c
2-
1
1-15
50c
2-
1
1-15
75c
2-
1
1-15
25c
3-15
2-21
2-
1
1-22
2c
5-
1
4-21
2c
8-
1
7-22
10-30
10-20
———,
—
50c
3-15
2-15
2-
1
1-21
2-
1
1-21
2-
1.
1-13
New
(quar.)
1
1-15*
2-
1
1-21
10c
5c
2-15
2-
1
2-15
2-
1-
1-18
13 %C
Co., 5^4%
England Fund
2-
$1%
—
preferred (quar.),,
Neisner Bros., Inc., 4%%
pfd. (quar.)
Newberry (J. J.) Realty Co., 6% pfd. (quar.)
6Va% preferred, Class A (quar.)
Newberry*(J.-J.) Co., 5% pfd. A. (quar.)—,
com. •
Shops,
■
2-
1
$1.18%
2-
1
1-15
1
1-14
$1.50
2-
$1.62%
2-
1
1-14
$1.25
3-
1
2-16
1-29
1-20
-
-
,
15c
y :
13c
15c
Scott
«
-
$4
Paper
$l5/a
2- 1
20c ..'. 2-1
(quar.)__
2-21
2-15
2- 1
2- 3
2-.1
2- 1 2-10
2-1
2- 1
(quar.)___,-_,i--25c
$iya
$1t
$4y2.preferred (quar.),—
Co.,
preferred (quar.)
v
Common
Candy Shops
(interim)
2- 1
2-25
2-1
4- 1
2- 1
2-10
2- 1
2- 1
2-15
3- 1
$15c
25c
——-
(quar.),,
—
6'/2% pfd.$$1.62y2 ;
preferred (accum.)
—
$2
Co.
6%%
(quar.)
Southeastern Greyhound Lines, com.
Sinclair
Oil
Corp.
Common
Edison—
(quar.)
Canada
Power,
Southern Indiana Gas &
4.8%
• 7
preferred
3- 1
-J———
common (quar.),,
Electric Co.—• v ,.-:'r
.
■
1.-20
3-10
1-10
1-31
1-15
* 1-15.
1-15
2-15
2-15
„
-
-
1-20
2-15
$20c
'
:
1-20
2-15
37'/2c
.
1-15.
.2- 1
$1.20
Service—
1-18
1-18-
"
.
(quar.)
Southwestern Public
12y2c
37y2C
12y2C
(quar.)
;
Southern California
Southern
_
2-1-
3-1
(quar.)__
$20c
Sharp & Dohme, $3.50 preference A (quar.) 87y2c
Shawinigan Water &, Power (quar,),,—$23c >,
Sheraton
Corp.
(quar.),:
—:
25c
Sherwin-Williams (Canada), 7% pfd. (quar.)
$$1.75
(Laura)
2-10.
1-21*
1-15
2- 52-15
1-15
: 1-20
2-10;.,
2-10
1-17'
12-15
12-31
12-31
1-20^
1-20*
1-20*
2-15
3- 1
—$lJ/2
preferred (quar.),,—
$6.50
.
'
1-20
(quar.)—t. $1 %
Spencer Kellogg & Sons—
New com.
(initial quar.),—
45c
Squibb (E. R.) & Sons—
$5 preferred .series A (quar.)—
$l3/4
$4.25 preferred series B (initial quar.).,
$1.06V\
.2- 1
2- 1
2- 1
1-15
1-15
(quar.),,,—$1.12V^a
3-15
3- 1
3- IV
2-18
6'/2%
preferred
Standard Brands, $4.50
2c
Products (quar.)—,—-—
preferred B (quar.)—r
Co. of America-$-
(quar.)
(quar..),-,—
Ltd., common
(quar.)i
Extra
National Liberty Insurance
:
3- 1
2r 1
2- 1
Simpson's Ltd.,
$38c
—
2- 1
(irreg.),—,.—50c
and 25c Stores
Silex
2-25'
$1.50
.
conv.
1-20
1
•
.
preferred (quar.)___,_——y ; 25c
Saguenay Power. s y2 % pfd. (quar.)—J$1.37y2/v
St. Joseph Ry., Lt. & Power (quar.$1.25
St: Lawrence Flour Mills; common (quar.)™
, J35c
7% preferred
(quar.)—
—$$1.75
Schepley Distillers '
50c
$1
1-15
3-
34 %c
2c
Semi-annual
Brothers,
5, 10
Saco-Lowell
1-25
2-15
2-
.7
■
.
—
National Distillers
National Lead, 6%
National Tea
1-17
$1.50
3
2-
——
1
•
1-1?
2-15
1-21
1-21
1-15.
37J/2c
Light & Power
Paper,
preferred
6%
$1.50
Machine (quar.),
—1
Rolland
2-
1-31
preferred (initial)
(quar.)^
$5
preferred
Transit Corp.
Rockland
1-20
$1.75
&
Electric Welding
Quarterly
Quarterly
Quarterly
conv.
Secord
.
2-15
1-
1
12-31
1
1-21
25c
—
2-
1-20
2-
Rochester
1-31
$1.75
Mfg.———-——National City Bank (N. Y.) (s-a)——
National City Lines, class A (quar.)
$3 conv. preferred (quar.),—
National Container (quar.)
Chemical
1-15
2-1
15c
preferred (quar.)—
—
Moore Drop Forging, 6% non-cum. A (quar.)
Morrell (John) & Co. (increased)
——
Mountain City Copper (irreg:)__
1,
Munising Paper, 5% 1st preferred (quar.) —
Nashau Manufacturing Co. (irreg.
Narragansett Electric, 4^4% pfd. (quar.)—
Battery
1
20c
$3 partic.
National
$1.50
$1.75
preferred
National
1-14
Riverside Cement Co.,
1-15-
1-17
2- 1 :
3- 1
2- 1
2-1 k
50c
15c
15c
$1.25
(quar,),
1-25
1-25
1-19
Rochester Button Co.—•
2-
$1.75
preferred (initial quar.)—
prior lien preferred (initial quar.)—
1-15
1
2-
v
50c
Extras
:••••
I-21;
■
prior lien
9-15
...
1-14
2-1
Mfrs.
6%
,3-20
1-31
2-
preferred
(accum.)
preferred (accum.) ■
—
& Schuylkill Haven RR. (s-a)—_
Mississippi Power & Light, $6 pfd. (quar.),
Monroe Loan Society,. class A (quar.)
5Va% preferred (quar.)——
—
Montana Power Co., $6 pfd. (quar.)——
Montreal Light Heat & Power Cons, (quar.)
Moody's Investors Service—
$6
Mine
12-31
$1.25
(quar.),.
7% preferred (quar.) —
Insurance (s-a);—
Merchants Refrigeration, 7% preferred
Michigan Bakeries, Inc. (irreg.)—
$7 preferred
(quar.)
—
$1
preferred
(quar.)
Michigan Gas & Electric—
5%
1-13
2-1
50c
(quar.)^__—
Stores,
2-15
common
1-31
$1.50 7,7:1-31..
(quar.)—j
Corp.,
40c
3-20
1-10
1-10"f
2-1
$1
—
$2
2-1
■M' 20c
1-22
1-15
1
2-10
4-
1-20
1-13
S. 1-21 ■
class A (quar.)'
Rhode
3-10
12-21
1
Island Public Service,
4
1
7
2-
(quar.)—
preferred
5%
(quar.),—,
3
1
2-
'
6%
8-
1
1-20
5
interim),
preferred
(quar.
Mfg.,
11-
2-
2-10
1
B
Class
8-15
50c
,
2- 1
2- I
^
35c :
2-15
35c
2-15
' 37%C:;.^;; 1-31
313/4c
2-1
interim),,,^,—
(quar.
Common
Rheem
11-15
$L%
50c
preferred A
preferred B
& Brass, 53/4% pfd. (quar.)__
$1.3iy4
7% preferred (quar.)______—$1.75
Reynolds (R. J.) Tobacco—•
•
' "
6%
Revere Copper
$1.50
2-
1
2-
5-
5-15
1-20
Co.
$1.50
J.
2- 1
2-10
2- 1
25c
$1.25 y/ 2- 1 ;£•; 1-20
30c
2- 1
1-21
Fund, common,,,—5c
1-31
1-10
(quar.)_,_
.. ' . 15c ..'
5- 1
4-15
(quar.),
15c
5- 1
4-15
Republic Investors
3-
1' 1-20
preferred (quar.)^,^,^—
Manufacturing
3-15
5-
$1.12%.
■
•
75c
^
Reading Co., common (quar.)__,„—^Reed (C. A.) Co., $2 pfd. A (accum,)
Y
Reliance Electric & Engineering—
^ - '•
2-3
1
•
25c "y 2- 1
—'
preferred (quar.)
-
•
2- 1
1-15 •
1-25
2- 1
1-20 >
2- 1
1-20
2- 1 : >1 1-25
2- 1
1-25 ■
; 2- 1
f 1-20
(quar.)-^_,,„_—25c
Extra
•
2-29
2- 1
2-25
$1.50
(quar.)_,.,___
preferred A
6%
3-14
15C
•
2- 1
$15.50
15c
preferred (accum.)
6%
;
Raymond Concrete Pile
1-14
1
-
,
Railway & Light Securities, common,,.
1-15*
7; 4-
$ll/a
"of N. J.—
6%
•
%
1-14
2- 1
$1
4-
3-
&
Mil
2-: l
7
& Co. (quar.)—,4—
$3
Valley RR. (s-a)
—;—_ >
75c
Maytag Co., $3 preferred (accum.)
$1.50
$6 1st preferred (quar.)
35c
McCall Corp.
(quar.)—
—
McColl-Frontenac Oil Co., Ltd.—
/■.y': $ 15c
Common (year-end)
__
$1.25
McCrory Stores Corp., 5% pfd. (quar.),,—
25c
McGraw Electric
(quar.),,
.
Merchants
25c
V
25c
W
Marshall Field
Mercantile
50c
.
12-31
Massav;ippi
3
25c
Goodyear Tire & Rubber, com, (quar.)_____
5% convertible preferred (quar.),
Gordon & Belyea, class A, common,,
Electric—
Mills,
Paper
Marathon
1-15
1-29
2-21
1-
$114
preferred
1
75c
»—
1-15
«
1-15
_2
(quar.f,
Oo;
Safety Razor, $5
2-
75c
preferred (quar.)
—
Magnin (I.), 6% pfd. (quaj.),__-,__—
6% preferred . (quar.)__i_„-„
6%
preferred (quar.)
,__
6%
preferred (quar.
;
Manischewitz (B.) Co., 7% pfd. (quar.)—_
1-15
25c
,
1-14
$10c
5'/4%
1
pfd. (quar.),,$$1,75
1-31
1
25c
Inc., common
Luzerne County Gas &
1
Republic Insurance of Amer. (s-a),
Gilchrist
Gillette
&
1-14
2-15
25c
1-20
2-
%
2-1
2-
-
2- 1
«,
Quaker Oats, 6% preferred (quar.),,,,^—__
$iy2
Quarterly Income Shares, Inc. (irreg.)—12c
Quebec Power (quar.),
—,
% $25c
Radio-Keith-Orpheum, 6% pfd. (quar.),,,,
$1.50
$1.12% 7:72-
3-17
2-
;
1-11.
•>
•.
quar.)__,_—
Public Service Corp.
1-20
7
,
-
41J/4c
i
;
Puget Sound
1-25
1
$1
—
1
1
40c
$1
$114
$114
1
.
,.—
of Colorado—
(initial
Common
2-
2-1
common'.;
.
1-25*,
'
held,,,
shares
100
Service Co.
Public
.
2-15
(stock
B
v
1-21
•
$1.75
;
Light, $6 pfd.
&
2-
15c..
$1.1214
(quar,)—
—
Power
2-
lOc
(s-a)
Corp.
1-20
$1%
(quarj._
common
2-
20c
25c
75c
Co
General
Co.,
3-31
3714c
.—
1
4%!%. preferred (quar.)—
b'Loose-Wiles Biscuit Co. (quar.
1-24
3714c
3714c
.Foster Wheeler, 6% prior pfd, (quar.),,:
6% prior preferred (quar.)——,
6% prior preferred (quar.)
Froedtert Grain & Malting Co. .(quar.)L— '
Gardner Denver, common (-quar.)
$3 conv. preferred (quar.)
2-
>
•
2-
$2.50
:
25c.
$1.50
$1
$1.60
■
__
20c
"i
•
50c
-
class
&
A
3- 1
1-31
each
for
1-18
7 -
2-15
83%c
(quar.),
1
Tailors
Loblaw Groceterias,
4-
(quar.)
2-
——
preferred (quar.
Liquid Carbonic Corp., com. (quar.)
414 % preferred A (quar.)—
4V2% preferred A (quar.)
25c
15c
Faber, Coe & Gregg, 7% pfd. (quar.)
1—
$1.75
Fair (The), 7% preferred (accum.$1.75
Falstaff Brewing Corp., 6% preferred (s-a),
3c
Products,
Custom
1
Eversharp, Inc., 5% preferred (quar.),:
^
Exchange Buffet Corp. (irreg.)————
Fibreboard
$1.06 V*
6V2c/o
1-14*
class A
6% prior pfd.
Tire,,,,
Link-Belt
1-25
Federal Electric, $1.50
2-25
Liberty Loan Corp., $3.50 pfd. (quar.)—___
Lima Cord Sole & Heel,,^,—^!,,,-:,.,,
1
Co. (quar.)
1-15
1
$1%
1?15-
1
Farmers & Traders Life Insurance
1
$1.25
'■
(quar.),-
class
Co.,
1-11
2-15I 2-15'
3- 1
$1.37%
(quar.)
Gamble
&
$1.50
(quar.),,
/"■. dividend) three shares of class B
1-15
2-
:
2-15
12-31
2-
;
—
.
2-1
3-
(quar.)
1
2-
(s-a)
Line Co.
Prosperity
25c
1>¥
$1
Smith,
Pipe
Procter
1-15
$20 77.2-
1
$2
Eureka
&
2-
25c
Extra
Eppens,
Rubber
$1.25
$25c
$1.50
$1.25
25c
preferred (quar.)
.
,
Steel Products, Ltd. (quar.),.
—,
Electric Bond & Share, $6 preferred (quar.)
,5%
2-15
1
$1.50
75c
Eastern
1
$1.25
2-
<2c ;v
;
32-
20c
County Trust
2-
6214c
common
25c
.
4.
Leonard
;
..
Chemical Co.,
1
3-15
1-20
1-20
1-11
1
2- 1
$1.75
pfd.
6%
Power,
preferred
5Vie/o
1-15
2-
4
Lee
Electric
1
1 'y
11
34222-
$1.75
$1.50
•
(quar.)
preferred
7%
Potomac
1-
3-
614%
$114
1-21*
12-24
1-15
$1.75
Lehigh Portland Cement Co., com. (reduced)
4% convertible preferred (quar.)
4
1-15
2-
preferred (accum.)
Potomac Edison Co., 6% pfd. (quar.)
1-
Lerner Stores,
1214c
$2 preferred
(quar.)
/ / 50c
Dominion Fabrics,, common (quar.)
$20c
6% 1st preferred (quar.)
$75c
2nd
preferred (quar.)
$37!4c
Dominion Tar & Chemical, 514% pfd. (quar.) $$1.3714
Dow
1
Lane
1
2-
'
3
1-
1
2-
,
2-15
2-
1-10
2-
Bryant, 7% preferred (quar.) ________
Lamaque Gold Mines/Ltd. (interim)
Lebanon Valley Gas Co.r 6% pfd. (quar.),,
2-
1-10
1
1-31
1-20
1
1-11
1-10 *
1-15
12-30,
'2-1
1-17
2- 1:1;. 1-17
2- 1
1-20 *
2- 1
,
1-31
7% 2nd preferred
2-25
2- 1
2-
$23
10c
Lafayette Nat'l Bank
1-20
' 2- 1
:
'
1-20
2-
1-15
2-28
25c",
3-
•
1-15
1
2-15
1-17 *
25c
4.4% pfd. (quar.),,,,
$1.10
Philip Morris & Co., Ltd., common (quar.),,
; • 75c
4'/2% preferred (quar.)__
—$1.12J/a
4V4%
preferred (quar.),
$1.063/4
Phillips Jones Corp., 7% preferred (accum.)
$1.75
Phoenix Hosiery, 7%
1st preferred,—$32.37
Pittsburgh Bessemer & Lake Erie RR. (s-a),
75c
Portland Gas & Coke, 6% pfd. (accum.)___
$1.50
Extra
*
2-10
2-15
class A
Industries,
1
2-
$1.75
2-15
75c
(quar.)
Cup Co., class A
Domestic
2-
•
1-13
2-15
Philadelphia Electric,
(quar.),,___,,_,^,____
(N. Y.) (s-a),
Kokomo Water Works Co., 6% pfd. (quar.)
Kroger Grocery & Baking—
\
>
1-25
'
—*
Dividend Shares (irreg.),:—
25c
87'/2C.
3-31
20c
1-20
,w
1-20
1-15
1-17
12-15
1-11
(quar.),,
Nat'l Bank (Brooklyn) (s-a)__,
7%
2-15
50c
.
;
$$iy2 /
2-28
$1.75
(quar.)
1-31
Knickerbocker Insurance
8
31V4C
$1.40 cum. cl. A (quar.)
35c
(quarj_w„
—$75c
(quar.)__i,
$5 preferred
preferred
Peoples
15c
Kings
3714c
$1.1214
——
Co., Ltd., ordinary (interim)
Corp.-Seagrams, Ltd., 5% pfd.
1-21
•,
1-20
60c
.
v't
—
1-
$3.50
43%c
$2
■
.
1
(quar.).____
2-10
$114
preferred (s-a)————
participating
Distillers
•
1-21
2-
(quar..).
1
V,
1-10
1
,
1-25,
1-25
1-2Q
2- 5
10c
(quar.(___
A
1-15
2- 1
2- 1
2- 1
6%
10c
common
pfd.
com.
-
2- 1
2- l
2- 1
2-15.
75c
(irregular)
class A (quar.)
(quar.),,,^,.,,,,
Ltd.,
1-15
2- 1
2- 1
2-15 -V.''
2- I I
1-31 '
$1.25
32y2c
30c
50c
& Co.,
5%
Co.,
2-15
,
Co.
&
C.)
1-17 >
1-17
1-20 '',
1-15'
$1.50
$1%
75c
6-10
I
1 ?v
,
"
1
2-15
Pearson
of California—
Peninsular Telephone,
2-15
2-
common-,-^,,
2-
$134
(stock dividend)
—
Detroit & Cleveland Navigation (resumed)—'
Packing
$2
$$iy2
2-
2-25
(S.
Parker
*>:' 40c preferred
12-30
2-
Kellogg Switchboard & Supply, common,,,,
5%. preferred (quar.) ___—
1—
pfd. (quar.)——/;
Dayton Rubber Manufacturing Co., common
Deerfield
(liquidating^
common
Knitting Mill?,
■:
25c
(quar.)
Jewel Tea Co., Inc., 414% preferred (quar.),,
Kalamazoo Stove & Furnace Co. (quar.),,,,
?'1-21: S
1-31
$1.50
$1.25 "
25c
7,//'' 50c
.// 2%
(quar.)
preferred
Davenport Water Co., 5%
1
,
preferred
5%
1-21
1-31
$1.50
$1.6214
——
7% pfd. (s-a.)—
Crown Drug Co., 7%
preferred (quar),—_
Crura & ForSter, 8%
preferred (quar.)
Cuneo Press, com.
(quar.)
414%
preferred (ouar.)___„—
Dallas Power & Light, 7%" pfd. (quar.),,—
1
3-
$1.50
$$1
(quar.)_—_—_
Corp., $3.50 pr. pfd.,
preferred
Jantzen
:
$3
*
8%
1-15
.
Quarterly '
.
11-15
2-
preferred
7%
.
8-15
*12-
River RR.—
Crowell-Collier Publishing,
2-
40c
International Utilities
———35c
...
75c,
6% pfd. (quar.)—v
Consolidated Cigar Corp., 614% pfd. (quar.)
Consolidated Edison Co. of N. Y.—
$5 preferred
(quar.)——.,—
—
Consolidated Laundries, $7:50 pfd. (quar.)—
Corn
Exchange Bank Trust Co. (N. Y.)—
5
$1.25
(quar.
preference
3-14
$1%
$l/2c
preferred (s-a)
5
2-
____
2- 1
2-1
2- 1
y 2-15
Pennsylvania Power,
convertible preference "A" (quar.)
International Nickel Co. of Canada—
.
1-15
2-
■.
6%
1-15
(accum.)
Connecticut River Power,
Davis
1
2-15
Penman's
—
1
-
•
4
7-14
$F25
$1.25
Parke
^
2-15 r
common,,,,,,,,,,,,^.,
4-14
25c
$1.50
pfd. A (quar.). .
5% preference (quar.)—
Cumulative preferred 5% series (quar.) — ;
Columbus & Southern Ohio Electric—
6V2%
preferred (quar.)—,
=;
Commoil, Ltd. (irreg.) —■
(quar.)
Corp.,
convertible
6%
-1-24
12y2c
—_—
Pacific
25c
6%
1
$1.0614
.——
Colorado Fuel
"V-.
preferred
$5
Interchemical
:t
2-
37y2c
$1.75
$3c
—:
preferred (quar.)'
Coast Breweries, Ltd. (quar.)—
—
Colgate-Palmolive-Peet Co., com. (quar.)_—
6%
2-
$114
——,
_
Tractor
Cleveland
Clinchfield Coal Corp.,
Pacific
International Metal Industries, Ltd.—
3-1
$5
—.
„——;—
^
1-20
1-15
$1%
preferred (quar.)
Inter-City Baking, Ltd. (irreg.
International Detrola Corp., new (quar.)___
International Machine Tool (quar.)__,_,
2-
$l'/4
$1%
$1V4
$iy4
50c
,
1-22
25c
Hummell-Ross Fibre Corp.,.
1
&
Orl.
New
Cincinnati
;
i
1 7
5%
3-15 '
2-15
1-31
1-31
$$1%
:v,C
preferred (quar.)___,_,,,____L____Lighting Corp.
(quar.)__,_2_,___.i
Public Service,$1.30 pfd. (quar.)__
75c
2-
25c
25c
——
—
•Pacific Finanee Corp.
2-
$1.50
3-
75c
25c
Corp. (reduced)——
(quar.)—
1-12
2-10
$1.75
V'
2;
$1.75
$1.75
(irreg.)—44c
Cotton Oil
;
2-
v
—30c •:2-15
Securities
Overseas
1-15
1- 4
1-13
l-*5
3-21
50c
50c
$25c
:
Steel Products
preferred (quar.)______,-_____,i_,„
7%
V
I,
(quar.)i„—
2-. 1
30c
5% pfd. B (s-a),
6% pfd. (quar.),
Illinois Central RR. Co.— ,.nn:
Leased Lines, 4% gtd. (s-a)
i.4
Indiana Associated Telephone Corp.—
1-15
1
2-15
2-1
pfd; (quar.)
Hydro-Electric Securities,
2-
2-15
1 %
Ontario
1-29 •!•
1
3-
A
(quar.)
class
Filters,
United
Oliver
1-29
2-15
$1.50
4,
|
1-15
4-1
55c
$1.50
(quar,),
Co.
1-22 "
4- 1
3- 1
58Vbc
Extra
•
3-
40c
•r".
Okonite
i 1-15-
.
2-15
•
8%c
$3
2-
1
2-10 ;
1-20
60c •1 .1-31
preferred,,,,—,,,—:,
$7.20
Edlscn,
preferred *
$6.60 preferred
1-15
1
2-
com...—
$7
1-15
1
2-
45c-
•
(Joseph) Co., 6% pfd. (quar.
Lighting & Power Co, (monthly).:,
7%
•
2-
'•
Ohio
$1.50
■
25c
40c
——20c
New
.*(quar.>____z.__.,—87'/aC
preferred
7%
2-15
;
of
RR.
Norwalk Tire & Rubber,
1-25
1
3-
1
$1.50
.
Houston
pfd. (quar.)
Pasco Copper
Chickasha
2-15
:
2-15
$1.50
Shares
de
Cerro
pfd. (quar.)—
pl'd. (quar.)
Co.,,
1
17c
$1.25
Light Co., 6%
Central Power &
&
A.)
1
Central
Common
$1
v..
(A. C.),
12-28
12y2c'
: 25c
——
1-25
50c
6%
1
$$1.50
.
2-15
!
60c
3-15
•
,
Corp., Ltd. (quar.)
Canadian Oil Co., Ltd. (quar.)—;
—Canadian Pacific Ry., 4% non-cUm. pref._,
Canadian Investors
1-25
25c
preferred (quai,.)___,_^__,Ji,_,____
6% 2nd pfd. (quar,)„„___
7%
participating pfd.
(quar.
Horn & Hardart Co. (N. Y.)
(George
4
,
(year-end)——$1
Pacific Ry,
Northern
1-14
2-
2-15
$1.75
2-
$4c
Ordinary shares———
,
J
25c
3714c
Hampshire (quar.),,
Northwest Engineering
(irreg.)
Northwestern States Portland Cement (quar.)
2-15
(quar.),,
2-
+$1
(founderslights.)—
Fund, Ltd.—
Celanese Ltd.
2-
Northern
$1.50
(s-a),___
4-
+50c
--
—
——
preferred
5%
Canadian
1
30c
2-
+85c
+37%c
2-
$1
(quar.),,,,^,,
convertible preferred
$1.50
1-15
68%c;
$1.62 y2.'
Air
1-15
2- 1
3- 1
2- 1
2-10
2-1
2- 1
2- 11-31
2-1
50c
15c
York
1-15
!
of Rec,"
Payable
$1V4
Brake___,^_——__—__
Merchandise Co. (quarj_„
Norfolk & Western Ry., adj. preferred (quar.) v
Northern Illinois
Corp.,
common,,,
1
$1:
Hormel
Horn
8
.2-
conv.
York
1-25
2-1
:
1-31
'•
2-
1
2-
75c
1-31
2-15
2-15
1
2-15
75c
Shipbuilding & Dry Dock—
preferred (quar.).
Holattt
When
■
thare
■
News
New
•
2-14
$1.75
68 %c
(quar.),
common
Co.
5%
3-15
1
3-
34%c
(quar.)
preferred
7%
Home*Insurance
1-15*
2-15
Ltd.—
convertible preferred (quar.)—■
Canadian Bronze Co., Ltd., common (quar.)
$3.40
1-10
2-
Sugar Corp.,
Holly
1-15
2:
1
(quar.),..
E.)
3-15
1
4-
——
(Charles
Hires
2-
'
•
Extra
1-15
j
4-
Newport
New
•
California Packing, common (quar.)——
37%c
5%
preferred (quar.),—,
——-—62'/2e
Canada Starch, 7% preferred (s-a)——$$3.50
Canada Southern Ry. Co. (s-a)—_
—
t$l/2
Canadian Breweries,
$4 convertible preference
1-15*
2-
2-25
25c
(quar.)
Hershey Chocolate, common
j
T
preferred (quarJ
:
Instrument, 6% pfd. (quar.)
Harris (A.) & Co., 7% preferred (quar.),,,
Hartford Electric Light (quar.)
Hartford Times, 514% preferred (quar.) —
Hat Corp. of America, 614%, pfd. (quar.)—
Hercules Powder Co., 6% preferred (quar.),
1-31
1-28
1
3-
Company
Name of
of Rec.
13 %c
:
514%
1-21
2-29
i
$3
Hammond
1-17
2-
$1.50
Bronxville Trust Co. (N. Y.) (quar.)
$1
Broulan Porcupine Mines (interim)
f4V2c
Bullock's Inc. (Los Ang.), cornnjon (extra)„, ;?,v
$1
(quar.)—„
preferred
2nd
6%
1-15
1
2-19
50c
•—
_;_u.
A (accum.)
British Columbia Telephone—
Corp., Class
Brandon
Grace
2-
Payable
(s-a)_l.
(N. Y.)
Bank
National
1-15
1-31
$1
62'/2c
50c
16c
(quar.)
Ami Co., Class A
Class
thare
of Company
Name of Company
When
fhare
Holdert
Per
Holdert
**er
When
Per
Monday, January 24, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
382
pfd.
Standard Dredging Corp.,
Standard Equities
$1.60 pfd.
(name changed
40c
(quar.)
.
2-19
3-10
to Shera-
Corp.)—See dividend below—
Standard Wholesale Phosphate & Acid
.
.
ton
Common
Wks.—
40c
Stanley Works (The), 5% preferred (quar.).
Steel Co. of Canada, common (quar.)——
3iy4c
3- 4.
3-15
2-15
2-1
2-1
2-1
^—
.
$75c •
preferred - (quar,) _—
$75o
Stott Briquet, $2 conv. pfd. (quar.50c
Struthers Wells, $1.25 pfd. (accum.),,,
' 93%c .
$1.25 preferred (quar.),!
313/4c
Suburban Electric Securities Co.—
:
•
•
.
$4 2nd preferred (accum,)__
$1
Sun Oil Co., 4Vi% class A pfd. (quar.)—..
$1.12y2 Tacony-Palmyra Bridge, 5%. pfd. (quar.),.- ,,
$iy4,
7%
.
1-29
1- 7s1- 7
1-202- 52- 5'
2-15
2-15
'
'
:
2-1
2-1
1-17.*'
1-10-
2-1
12-17-
(
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
Name-of Company
Tech-Hughes
Gull'
Texas
Gold Mines,
Sulphur
Texas Power & Light, 7%
$6
preferred
Texas
Water.
Thatcher
Toburn
Gold
Toledo
Edison
1
1
1-17
2-15
.2—™
$1
12-15
2-22
1-22
pfd, (monthly)™—
41 %c
2-
1
1-20
50c
2-
1
58V3c
2-
1
Manufacturing Co.
tic
Co., 5 %
'
™
—
-
Co.,: com.
6%
(quar.)
12 >/2 c
$—-
-
(quarJ
pfd..
Transamerica
Tung-Sol Lamp
-25c
™™__
Works-—
Oil
California
of
Electric
Union
Co.
1
2-21
1-15
2
(quar.)
2-
2-10
1-10 V
Missouri—
of
•
/
$4>/2
•
$5
preferred
preferred
United
$5
(quar.)
$1.12V2
;
2-15
1-31
$1.25
™:;™™™™™
(quar.)_____
2-15
1-31:
—
preferred
(accum.)
(quar.)
class A
1
2-
$1.25
:
Ltd., class A
Corps.,
United Drill & Tool Corp.,
$38c
1-17
,
1-15
2-15
15c
™__
;5.:: 2- 1
(quar.)--
10c
United
Light & Railways Co.
2-
1
1-15
2-1
1-15
,
58Vhc
,
6.36%
2-
1
6%
•
53c
50c
2-
1
1-15
$i%
4-
1
3-15
6-15
Merchants &
_„„™.—___—
$1%
,5% preferred (quar.)___
Hoffman Machinery—
•
.
7-
1
68% C
2-
1
;
preferred (quar.)
V. S. Industrial Chemical, common (quar.)„
Vu %
conv.
___—™_™
$5 preferred
1
1
5-15
$1.25
preferred iquar.) ——_—-•—/—
:40c
3-10
preferred A (quar.)
!"
6-10
40c •;
6.4% preferred A (quar4™-.—™™™™_Universal Leaf Tobacco, common (quar.)
/M//$t'; ■/:. 2- 1
/
•
.Vertientes-Camaguey Sugar
_™
20c
_
preferred (quar.)
$5
preferred
37'/a
common—
c
1
'
;/
6-
1
6-
1
1
preferred (quar.)
preferred (quar.)
7%
preferred (quar.)
Wellman
$1.75
>?:
—
i
Engineering Co.
™,
2-29
$1.75
8-31
prior preference (quar,)_—
& Co., $6 preferred (accum.)
Wilson
Line, 5% 1st preferred
Winters & Crampton Corp.— 7%
$1.75
conv.
7%.conv.
5%
Public Service
preferred
2-15
(F.
W.)
Zeller's
Ltd.,
2-
\
1
:
30%
"Transfer
*
Jamaica
books
not
tax,
15%;
1-25
„
_
*2-15
5-15/
8-15
tax.
closed
1-31
..
$iMsi
...
2-
1
for
2-
1
1
40c
.
2-1
40c
>
3-
50c
3-
t20c
2-
t37y2c
1%.
a
Less British
—
1-15
■
f
1-15
1
income tax.
v
Official
<
.
54
issued
The
38
+
nors
India
to make
recommendations
to the validity of outstanding
in
railroad
be made.-
securities
'
■
has
"when,
recommended
as,
■■■
_■
a
good
Jan.
company
11
by
to
was
the
so-called
compromise plan
for
■
reorganization
presented to the Interstate Commerce Commission
Char'e* H., Thornton, Chairman of
protective committee.
'.
the
minority
common
stockholders'
Mr.
Thornton
ba^ed
his
proposal on
the compromise
+
80
5
+
36,941
+
91,761
+
132,881
30,015
+
685,515
37,098
—
■
+
+
386
—
344,083
+
•
533,732
33,734,806
—
—
+
•
233,608
2,104
+5,669,316
.//I/.''':'
'
.
13b)
' \
248
8,898
+
26,965
(Section
+
27,686
136
298
11,249
234,154
+ 5 ,717,285
61,224
accounts
53
accts.
34,166,668
to deposit &
note liabilities combined
62.3%
Total liabilities & cap.
+
advances
2,268
128
'•
+
9,406
——
15.4%
.2%
—
indus¬
make
to
Tariff Act of 1930, the Federal
for cable transfers in the
different countries of the
^\
RESERVE BANK TO TREASURY UNDER
FEDERAL
BY
14 TO
TARIFF A T O
1944
JAN. 20,
Buying Rate for Cable Transfers In
Value in United States Money
;
,ii
-
,
'
.060586"
1
^
-
-
-
New Zealand, pound—
Union
of
South
v
-
3.244203
3.980000
—
pound
Africa,
'
-
"Nominal
sug¬
.051275"
.051275*
.909090
.909090
'.909090
.892500
.572766"
.301215
.301215
.301215
.205820
.205820
.205820
.909090
.909090
.909090
available from net current assets for retirement of this
bank
159,
could be had
loans
.890625
.892500
3.244203
3.244203
3.244203
3.980000
3.980000
3.980000
3.980000
.658300
.658300"
.658300"
.658300*
.529420"
.529420"
.529420"
.529420"
Tool
-
■
Co.,
Sidney,
Ohio—Contract
cents per share has been
10
cents
1941.—V.
share paid
per
156, p.
Muirheads Cafeterias,
has been awarded a $500,000 contract from the Defense
to
provide machinery and
equipment.—V. 158,
company's
'
Canadian
See
The
pages,
with
1058
for
in
Spring book.—V.
Fall
159,
the
in
218.
p.
catalog
new
Winter
and
catalog
Mount Washington
-
Ltd., above.—V. 156, p. 256.
number 814, compared
1170 in last year's
of
was
Inter-State
President
of
service
The
to
to
sold
Theater
been-
of the
was
Treasurer
Co.
of
Northeast
Boston
property
('Boston. News Bureau"),
to
and
New
Aug. 2, 5 cents; and Nov.
National
(Mass.)
The
Clothing
made
the hotel from
owner
Circuit.
Continental
had
Boston
7 cents per share
(Colo.)—Distribution—
series B
record Jan. 15.
I, 6 cents; May 1,
has been declared on the
par
1, 4 cents.—V. ,157, p.
1561.
is
Boston.
Airlines,
Y.. D.
The
Inc.,
Markson,
group
for
said
airplane
York.
Foster Reynolds of Providence, R. I.—
Life
Insurance
Co., Montpelier,
Vt—New
High Records Reached—
of 3.62% for the year 1943, a bond, portfolio
default either as ,to principal or interest, and the
$1,000,000 to surplus, are reported by this com¬
interest earnings
Net
with
a
no
4 cents;
v
v
Hotel, Bretton Woods, N* H.-—Sold
corporation on Jan, 15
for a reputed price of $500,000, including an adjoining 10,000 acres
in the Ammonoosuc River valley
at foot of the Presidential range,
according to a United Press dispatch.
The purchaser was Bretton
Woods Corp., headed by David Stoneman of Boston, Mass., a director
hotel
of
value, payable Feb. 1 to holders of
Distributions during 1943 were as follows:
Feb.
shares,
and
to Boston Interests—
This
dividend
A
Summer catalog now being mailed
shortages occasioned by the war..;
and
merchandise
example,
the
;
Ltd.—Offer for Stock—
Products,
Food
:.;v
•■
Spring
new
reflect
declared on the common
21 to holders of record Jan. 27.
This compares
on Jan. 4, last year, and on Dec. 23,
2135.
.
payable Feb.
15
1
•
,
of
dividend
A
stock,
Machine
Co.—10-Cent Dividend—
Mountain City Copper
debt,
asking at low interest
for the
10.
p.
2049.
to
.909090
.890000
3.244203
.658300"
.529420-'
Corporation
The
4.035000
rate.
short-term
continues
.572766*
.572766"
4.035000
Nation-Wide Securities Co.
.
.895000
.893125
.891250
3.980000
.658300"
.051275"
.205820
'. 3.244203
.529420"
Noncontrolled
.060586"
.301215
Uruguay, peso—•
Controlled
.060586*
.060586"
4.035000
.909090
.891458
.891875
3.228000
3.228000
3.228000
4.035000
.205820
.909090
—
.251247"
.572766"
'■'
———
.251247"
.893750
.572766"
4.035000
.301215
4.035000
.301215
/ .205820
—
.251247"
.909090
.909090
—.894062
.572766"
-V
.297733"
.051275"
.051275"
.894375
1
8 •".■:
$
.297733*
.060586"
.060586"
.051275"
•+:'
.
3.228000
3.228000
r
—
^
.251247"
.251247"
.
3.228000
.
•
Jan.20
Jan. 19
.297733"
.297733"
.297733"
•;
$
$
->■
New York
Jan. 18 <
Jan. 17
^ Jan. 15
";Sv-®
.909090
application
plan but
gested that it be imoroved by using the large accumulation of liquid
.assets built up during the last three years to pay in eash $57,386,227
of prior liens.
Or.!y about $23,000,000 o£ free cash, be estimated,
437,418
+
77,*052
+
5,749
Other capital
con¬
ruling
Stockholders' Committee Has Alternate Plan—
alternative
+
7)_
Montgomery Ward & Co.—New Catalog Ready—
above
142,680
—
—234.576
1,447,054
•%■—'Jan. 14.
1
Associa¬
Practice Com¬
the
403,756
accrd. divs..
Commitments
(British), rupee
Plant
and if issued"
that
212,344
13,013,603
availability items^^—.
Surplus (Section
563
3
——
"Free
15 ruled that:
to the National-Uniform
as
An
—
+
1
-
A
Official
,
Committee appointed by the Board of Gover¬
tracts
of the
546
+
•
—
v
CERTIFIED
RATES
——
Monarch
in settlement of contracts calling for securities to have been
such plan approved under the date of April 9, 1940.
mittee
+
acct-
Surplus
-948
under
Railroad Advisory
4,787,377
188,097
trial
.
.
,,
Awarded—
the plan of reorganization of this
approved by the Interstate Commerce Commission under, the
of April 9, 1940, cannot be Completed and any securities to be
delivery
+
155,576
,
of reorganization will not be
9,352
accts—
Capital Accounts—
paid in
requirements of Section 522 of the
———
Mexico, peso
but
Delivery of securities called for in
any subsequent plan
+
Capital
Newfoundland, dollar-— •
in¬
for
company,
under
16,905,671
501
—
F. R.
England, pound sterling—
p.
date
5,717,285
15,376,332
Total liabilities
25
acting under the provisions of Section 2
Code, on Jan.
+
—
Canada, dollar—
,
'
(b) of the Uniform Practice
234,154
4,069
28,754
—
897
•+
.251247"
rates.—V.
National
+
1,521,555
Other liabs,, inch
with
the
.1,164
—
;;
t
Deferred
—.297733"
The company
of
+
34,166,668
™
—
183
—
51'
Official
••'
agricultural loans
brokers and dealers
Committee
assets
507
—
11,758
:(>
Free—
Missouri Pacific RR. Co.—Ruling on Contracts—
Practice
64,390
4,776
—
accounts,
EXCHANGE
,
Australia, pound
Brazil, cruzeiro—
Corporation and
tion of Securities Dealers, Inc.,
442,882
1
Ratio of total res.
—
V
Argentina, peso—r
1-15
and
to
+
184,263
+
'
Noon
Reserve
loans
22,396
+
—
Total deposits
Country and Monetary Unit
''iy
r^
,
89
+
35,201
2-19
:
dividend.'
9
12
JAN.
1-20
,2- 1+
:
Gov't
+
v
Investment Mews
issued
6,123,625
l
CO CO
I
1,900,651
premises
Other
574
2-10
:
1
2- 1
t20c
S.
U.
—
FOREIGN
1-15
'
this
industrial,
Uniform
6,094,852
+
136
tifying daily to the Secretary of the Treasury the buying rate
world. We give below a record for the week just passed:
1-15
t$1.75
_.
and
Pursuant to the
(Continued from page 2521
National
+
51,910
+
3,781
+
■
*
>
would be
The
+. 57,955
.
Foreign Exchange Rates
■; 1-15
<
following
General
«
6,366,984
(
81,813
Foreign
figures revised (Chicago District)
7-31
——
Income
$25,000,000,
+
7,975
■
11,912,784
banks
foreign
U. S. Treasurer—gen.
deposit accounts.except
1-31
4-29
18%c
18 %c
United States Government deposits.
creased
1,530,690
Deposits:
220
+
;
—432
817... ,/■
,
,
"Jan. 5
i
———————
Federal
Commercial,
+
—
1,7
System in 101 leading
principal changes for the
week ended Jan. 12: An increase of $576,000,000 in de,mand deposits-adjusted and a decrease of $432,000,000 in
'
657,159
—
63,890
vr+
1-12
2-
$1.25
resident tax,
the
—1,135,663
.
.
5,344
8,845
;
week
1-25
,
v
2-15
The condition statement of weekly reporting member
the
2,069
—
2.040
11,964,267
Other assets
+
+
6,516
;
during
Condition Statement of Member Banks
of
.138
"v
securities,
guaranteed
Uncollected items
+ 576
6,253
™.
demand
to
interbank
,1-25,-
2-.-1...
18%c
Debits
Free—
shows
3,037
30,842
+
88
+
25
40
~
Official
banks
7,019,802
■
R. notes of other banks
F.
—1,046
17 •'
.+
.;
2,189
Colombia, peso—
"cities
33,879
—
677,900
Govt,
and
from
Due
-
—.
1
18
+165
569
Foreign banks
fPayable in U. S. funds, less 15% Canadian non-residents' tax.
tPayable in Canadian funds, tax deductible at trie source.
Non¬
resident
'
...
U. S.
'•+
5,907
—
2,578,690
Member bank-^ reserve
89
—
■+—
8,881
/
.
Government deposits
8
1-10
2- 1/
f
50c
SlVSr
$2.50
1,740
FreexLess
'
•™^.™i;:
1,636,392
'/
-
,
20
+
—
27
+
34,308
deposits
1-
:
(quar.)———
preferred .(quar.)
Bonds
Bills
7")
9
+ 107
—
%
2,779
—
Time
;;
1
if
—
4,692
deposits-adjusted
2-
/
6%
'
direct
Certificates
224
+
—
—
8,777
-
Interbank deposits:-.
Domestic banks
Co.——
common
f''
:
5,907
-w
10,404
securities,
and guaranteed:
Liabilities—
39")
—
:•
1,237
v
U. S.
.
—■
—
3,090
S„ Government
■*
1-
___
Co.
(Rudolph)'
"
1-17
—
Wrigley (Wm.) Jr. Co., common-^--—,
Wurlitzer
'.
41,079
F. R. notes in act. circulation298
domestic banks
3-22
2-
if.
—
1
-4—
'
vault
2-
50c
Wood (Alexander & James), 7% pfd."(accum.)
Wool worth
','v
''■/;\r
discounted
Notes
17" J
1,104
—
4-
■■
(s-a)
Corp.—
(quar.)
f'
,»
—
792
81*1
—
296
1
Borrowings
preferred (1897) (quar.)——
Wisconsin
41,079
discounted-^™,.
Govt,
Total
'•
'
838,884
—
by U. S. Gov't obli¬
bills
Total
with Federal Reserve Banks
in
Demand
Wisconsin Electric Power—
6%
S.
"
177
+
25
+
824
;;; 546
;«
$11/4
preferred (quar.)——
preferred (quar.)———
preferred (quar.)—————
conv.
7%
\
U.
*
———
-
Liabilities—
1-17
.+
+
51
$iy8
White Sewing Machine Corp.—
$4 convertible preferred (accum.)——w—
Wilson
loans
Balances with
8-15
2-15
(quar.)_™_™ $1,371/20
convertible preferred
•
"
68,547
—
905
—:
t$1.25
Weston (George) Ltd., 5% preferred (quar.)
.Westvaco Chlorine Products, $4% pfd. (quar.)
Wheeling & Lake Erie Ry.—
+
S2
4,697
Industrial advances
8,300
banks-
to
Reserve
2-15
'
+
+
5-15
$1.50
Penn
5'/2 %
2-14
/
1
3-
10c
.
-
V
;
5-31
$1.75
—,
12
13
Government obligations
S.
securities
Other
Cash
Electric, 6%> preferred (quar.)v- K
7% preferred (quar.)
Western Tablet & Stationery, 5% pfd. (quar.)
West
6,551
+
+.226,369
-
pur-
'
—™„—
Obligations guaranteed by
5-15
Vlr31 :./";l-15':;
$24.50
+
17,745
5-15
:
r "
Treasury notes
v
7%
+
996,706
—
2,859.
—
20,120,210
'
Bank
——I
Treasury certificates of Indebtedness
'
-
U.
'
Other
1-25,
$2.50
——
•7%
:
.360,061
Total bills
Sine*
+
Treasury bills—..
2-15
5%
<■'
Loans
1-25
2-10.
for
dealers
Real estate loans
v
1-15
3-
and
Other securities
1-15
$1.25
preferred (quar.)„
preferred (semi-annual basis)———
Webster-Eisenlohr,. 7% preferred (accum.)
Welch Grape Juice Co.—
■?
5%
,
Other
other loans for purchasing or carrying:
v-
•
1-15
1
2-10
$1.25
$1.12V2
(quar.)™-
V
4-10
1
2-
.
$1.25
___i——
(quar.i
Washington Ry. & Elec,, 5% pfd.
4-15
3-10
2-
67 '/a c
;
(quar.)
preferred
$4.50
Decrease
Jan. 20 '43
1,005
+
258,574
gations, direct & guarant'd
1-13-43
49,539
carrying: V,
or
V Other securities
•
•/' 7-15/"
2-
$11/4
-
—
1
4-20 ;
$1%
(s-a)
(s-a)
Gas Light,
Washington
notes
reserves
Secured
and agricultural
Government obligations—-
U. S.
1-15
3-20
$11/2
™__..—
Brothers, $2.50 class B
,8-
371/2 c
.
industrial",
brokers
Loans. to
:V/y;chasing
1-12
5-1
371/2 c
Virginian Ry., 6% preferred (quar.)
6%
preferred (quar.)___.
„™
Detinning Co., common (irreg.)—
1-5-44
6,360
'5-25*
.
2-, 1
1-12-44
v.'
10,716
2-25*
'
.-
Investments—total
Commercial,
3"
7-
.
Vulcan
: /:v; ■'/;
and
Loans
!
4-3*
,
.
$1.35 class A
Jan. 12,'44
19,501,575
Total bills and securities
Decrease (—)
4-10
.
...
—
—
7%
Jan. 19, '44
Increase (+) or
Assets—
4-15
$1.25
(quar.)a--L •
$5
Warren
and
Bills discounted:
(In millions of dollars)
1-15*
7-15 /
6.4%
hand
on
cash
-direct
1-15*
2-
%
.Convertible partic. class A (irreg.
Sugar Corp.,
2-
50c
Leather Co.—
•U. S.
v/;;.-/
1-20
25c
'
:
"
25c
•-
S.
certificates
Total
of the principal assets and liabilities of
summary
or
1
"
U. S.
5
A
•
^
Mfrs.—
preferred (quar.)
5%
,U.
Gold
posit accounts, follows:
•United
1-15
,i
Increase ( + )
(—) Since
reporting member banks, and of debits to demand de¬
prior preferred (monthly)
prior preferred (monthly)™-™.™—_
thousands of dollars)
•'■
Assets—
Other
000 in New York
1-18
(monthly)™„„™™_\
prior preferred
7%
(quar.)___
(Del.)—
1
$1.18%
Drug Co., $4.75 preferred
United
2-
'•
Redemption fund—F. R.
Deposits credited to domestic banks declined $18,000,City, $12,000,000 in the San Francisco
District, $11,000,000 each in the Cleveland and Dallas
Districts, and $51,000,000 at all reporting member banks,
and increased $19,000,000 in the St. Louis District,
1-18;
(In
..'; ,r;
due from U. S. Treasury™-.
$52,000,000 in the Kansas City District, and $576,000,000
at all reporting member banks.
United States Govern¬
ment deposits declined in all districts.
Cigar-Whelan Stores—
United
Reserve Banks Combined
York
$27,000,000, and holdings of Treasury notes declined $25,000,000.
Demand deposits-adjusted
increased $167,000,000 in
the Chicago District, $150,000,000 in New York City,
:
1-15
1
20c
25c
(quar.j_
preferred
conv.
Union
1
\a-'X;-yr
'
80c
-
2-
1-31
3-
$1.50;•
(s-a)
Corp.
2-1
2-15
Statement of Condition of the 12 Federal
obligations de¬
000,000 in New York City, $24,000,000 in the Chicago
District, and $107,000,000 at all reporting member banks.
Holdings of United States Government bonds increased
1-20
2-15
5c
Trane
>
-
1-20
"•
States
Holdings
New
1-31
Jan.
Mines
United
$81,000,000, and loans
New York City.
of Treasury bills declined $159,000,000 in
City, $24,000,000 in the San Francisco Dis¬
trict, and $89,000,000 at all reporting member banks, and /
increased $71,000,000 in the Chicago District.
Holdings \
of Treasury certificates of indebtedness increased $33,-
1-18
2-
(quar.)„—_
6%. preferred (monthly)
7%
preferred (monthly )™„_
..
2-
$iy2
90c
$3.60 preferred
Mfg.,
Machine
Thomas
$1.5Q
$6 prior
carrying
or
United States Government
on
clined $39,000,000, all largely in
1-18
1
2-
$1.75
pfd. (quar.)
(quar.)_
r
preferred (quar.)
to others
1
3-
purchasing
of
purpose
Government obligations-increased
12-31-
3-15
50c
(quar.)
.the
of Reo,
1
2-
$10c
(interim)—
Ltd.
Payable
r.lehare
•
Holdert
When
Per
1
383
item
no
addition
in
almost
of
Despite the continuance of low money rates, the net
is only a shade less than the 3.81% earned the year
than the 3.61% earned in 1941.
pany
earned
interest
previous
and is even better
The
ance
in
company
In
force
insurance
year
since
life
New
Dec.
force
1929.
insurance
$47,643,733, or 15.4%
The
coin
company's
nf
reports that its total of $641,482,966 of insur¬
31 is an all-time high.
The $26,494,410 gain
during the year was the highest during, any
also
on
in
sold
assets
«ti7 7nnqsA
by
the
company
for
the year 1943 was
greater than in 1942.
Avar*
now
the
stand at a total of
fisrure
renorted
a
$268,948,832, or a
year
ago.
They also
of increased assets
record
unbroken
an
All
as
1943
Ended Sept. 30—.
Years
Selling,
admin,
New York
income
for
6,952,604
1,643,121.
890,715
™
t
5-year
refrigerators
disposal of cap.
(.—
assets
676,774
95,758
t940,835
438,951
435,974
1,680,000
2,ioo"ooo
370"000
1,905,000
1,500,000
•
48,753
longer
no
years
1,380,000
*5,310,000
re¬
4,115,551
paid
3,828,755
2,145,804
1,072,906
reconversion of plants,
tlncludes $750,000
for revaluation of automotive and refrigerator inventories;. $40,835 for
interest paid;
$150,000 for provision for post-war reconversion of
plants.
lAfter credit of $590,000 for post-war refund.
~ •
Note—Provision for depreciation in the amount of $1,203,231 in
1943; $1,247,983 in 1942; $1,288,418 in 1941, and $1,251;361 in 1940
•Provision
deducted in the above statement.
been
has
post-war
for
.
,
t
branch
1
under
however, the profits on war contracts for the
considered not to be excessive and no provision for refund is
possible at this time;
■
year are
war
to peace-time
production
capital,
production may make heavy demands upon company's working
both because of the large amounts that may be tied up in Government
contracts and the amounts that can be expected to be required for
the peace-time products.
To meet this expected problem, the corpora¬
tion recently, established a credit with a group of 21 banks with which
it
has done business
over a period of many years.
This credit
amounted to $75,000,000 and was the first to a large corporation to
be guaranteed by the Government under the new series of "VT" credits
provided to protect industry, if and when necessary, by
additional working capital available in the event that war contracts
are
terminated before completion.
The credit is also available for
current war production needs, and company has already taken advantage of that provision.
Consolidated Balance Sheet, Sept. 30, 1943
*
,
1
making
:
restricted to use on U. S. Gov¬
S. Government securities at cost
(aggregate quoted market price $17,000,473),
$16,985,261; U. S. war savings bonds for sale to employees and cash
on
deposit for purchase thereof, $577,314; notes and accounts receiv¬
able, Including billings for costs and fees on cost-plus-fixed-fee con¬
tracts (less reserve of $39,890), $24,633,487; unbilled costs and fees-on
cost-plus-fixed-fee contracts, $14,828,315; reimbursable expenditures for
production facilities, $662,590; inventories—at lower of cost (first-la,.:
first-out) or market, $5,326,488; Investments ih and adva'nees to sub¬
sidiaries not consolidated (at cost), adjusted where required for losses
since acquisition,
$3,944,575; cash surrender value of life insurance,
$248,840; land contracts, mortgages, and real estate held for sale,.,;
$374,832; post-war refund of Federal excess profits taxes (estimated),
$610,000; employees' traveling advances and accounts, $23,451; miscel¬
laneous investments,
notes, accounts, and advances (less reserves of
$77,291), $142,276;. property, plant, and equipment (less reserves for
depreciation of $11,012,088), $12,446,187; patents and goodwill, $2;
deferred charges, $579,461; total, $99,926,603.
Liabilities—Accounts payable, $14,112,6321 accrde^expenseS; $653,911);
Federal taxes on income (estimated), $8,207,992; advance payments on
cost-plus-fixed-fee contracts, $25,336,293; reserve for five-year war¬
ranty on refrigerators, $2,474,915; reserve for warranties,, operating,
and service requ'rements, $188,295;' reserve for post-war reconversion ,
of plants, $750,000; reserve for contingencies, $1,000,000; capital stock
(par
$5), $21,455,942;
capital surplus, $6,438,735; earned surplus,
Assets—Cash (including $7,755,422
contracts),: $18,543,524; U.
ernment
interest
accrued
plus
$19,307,880; total, $99,926,603,-
Retirement Plan—
To Vote on
meeting
annual
the
At
continuously
of
three
years
employees
salaried
more
or
years
vote
have
a
on
served
whose base salary is in excess
year
a
will
who
and who are between S3 years and
and six months of age.—V. 159, p. Ill,
$3,000
64
for
stockholders
19
Jan.
on
for
plan
retirement
proposed
to
to
six
whatever conditions
Stock—
all
the
company's
outstanding $6 preferred stock, aggregating 13,048
shares.
Redemption will take place on Jan. 31 at $100 a share and
stockholders at
1,048
and
in
special meeting on Jan. 18 voted to retire
of the public
will be handled
There are 12,000 shares in the hands
dividends.
accrued
a
company's
the
Retirement
New York, 16
treasury.
of
Co.
through the Bankers Trust
York, N. Y.—V. 159, p. 218.
Wall
St.,
New
Higher—'1
;3-wks. & 5 3 wks. & 4
;
x
! days end. days end. 12 mos. end. 12 mos. end.
Period—
:((■ ;,// Dec. 31, '43 Dec, 31, '42 Dec. 31, *43 Dec. 31, '42
Sales
$7,118,903
$6,685,669 $91,789,801 $89,948,288
•/..
y
j
the
end of the
Haven & Hartford RR.
Russell, Comptroller, on Jan.
E.
calendar
14 announced that sales for
the
1943 were the largest in the history of the company,
operation decreased from 950 in 1942
year
to 874 at Dec.
31, 1943.—V. 158, p. 2472.
Nestle-Le Mur Co.—Accumulated
England Gas & Electric
New
the
For
week
12,634,281
above
year
ended
kwh.
production
ago.'
-
of
Jan.
increase
Association—Output—
the Association reports
electric output
This is an increase of 371,828 kwh., or 3.03%
12,262.453 kwh. for the corresponding week a
■
Gas-output for the Jan.
an
14,
14 week is reported at 162.629,000 cu. ft.,
above production of 154,014,ago.—V. 159, p. 218.
of 8,613,000 cu. ft., or 5.59%
ft. in the corresponding week a year
000 cu.
District
Judge
Carroll
The
Association
the
week
reports
ended
Jan.
number
15,
1944,
614,381 for the-week ended Jan.
16, 1943, an increase of 1.73%.
figure for the week ended Jan. 8, 1944, was 65,740,685,
increase of 2.12% over the corresponding week last year.—V. 159,
Comparable
an
of kwh. available ,for its territory
as 65,730,811, compared with 64,-
p. 218.
.
$4,185,706 $48,638,591'$39,832,198
7,433
52,013
84,364
$4,536,'778
Operating revenues
To Settle
Operating
$4,178,273 $48,586,578 $39,747,834
C.
Hincks
18
Jan.
authorized the
to settle and dissolve claims of a group
Net
of Spring¬
$5,519,686
5,547,442
5,196,291
Steel & Wire Co.—Bonds Called—
Barb
Northwestern
Co., above—V.
Wire
157,
p.
477.
.
..
(& Subs.)—Earnings
Nunn-Bush Shoe Co.
profit
'
1941
1942
$3,192,322
2,126,711
$2,758,071
2,057,737
$1,065,611
$700,334
,
saIcs__„__A-i
on
1943
$3,533,875
2,037,488
Years Ended Oct. 31—
Gross
Selling and administrative expenses
Net operating profit
Other
a
mort¬
sharing and retirement fund
■ taxes_/._^
Federal
$62,543.
to settle for $350,562, a reduction of
$153,721
of
claim
the
State Street
Trust Co.
$148,775 in first mortgage
110,
(, -y-■'/:,((:;>'(;vv^
'
-
Cash
Consolidated
Cash
surrender
30—
v/-
' 1943
/(,.'■•
Operating
13,208,720
expenses
Maintenance
i
.
—
excess
((•;, 1,447
operating
Utility
(net)
income
Other
profits taxes) (estimated)
$7,169,931
9,610
196,068
2,042,744
$7,365,999
2,251,435
3,439,389
2,794,819
$9,016,615
income
Income
deductions
Federal
incomq and
excess
profits taxes.
equipment
trade-marks and good-
income
p.
$3,534,482
^
Provision
Due
*
for
Paul, Minn.
The
Government case was rested
Attorney
and
M.
Jan. 7 by Victor E. Anderson, U. S.
L. Countryman,
chief counsel for the line,
immediately moved that the Government's claim, including $3,222,398
in overpaid freight rates, $646,000 for building a rail line from N. P.
lines to the dam area, and $800,000 for operating the special rail
"
dismissed.
be
-
Judge Bell, in denying the motion/ said
in the case and believed such a
evidence
of
.
.
he wished to hear all of the
course would safeguard the
was
March 13 to p-ive the rail¬
their rebuttal.—V. 159, p, 112,
receded bv the iudge until
Northern States Power Co.
(Del.)—Weekly Output—
this company for the week ended Jan. 15, 1944,
kwh., as compared with 40,082,000 kwh. for the
corresponding week last year, an increase of 7.7%.—V. 159, p.. 218.
Electric
totaled
output
of
681,561
i
24,256
$4,615,316
income-—
and
profit-sharing
cumulative preferred stock
stock
Common
—
-
$604,900
$455,480
234,522
230,788
870,000
415,000
375,000
.300,000
1,368,100
retire-
300,000
post-war ad-
etc.
Justments,
5%
1,314,300
(par $100)
Earned
84,132
83,303
1,089,488
Dr74,471
1,099,262
$4,936,036
surplus
^
——yl
$Treasury; stock
—
-
reserve
in
$11,929
of
and
1943
$4,615,316
tAfter
in
$12,428
Dr74,782
1942.
depreciation and amortization of $924,413 in
$887,993 in 1942, 45,921 shares of common stock in 1943
shares of common stock in 1942.—V.
158, p. 1476.
for
1943 and
and 5,946
Co.—Pays Accumulated Div.—
O'Connor, Moffatt &
share on
stock, no
of record Jan. 31. Distributions
arid May 15, 75 cents each; and
declared a dividend of $1.37J/2 per
of accumulations on the $1.50 cumulative class A A
directors
The
438,165
438,165
—
surplus;, ——t—-—
Capital
account
have
value, payable Feb. 15 to holders
during 1943 were as follows: Feb. 15
par
16 and Nov. 15, $1.37l/a each.
' .■
Payment of the current declarations will
the class AA stock.—V. 158, p. 1769.
Aug.
on
wipe out all arrearages
Owens-Illinois Glass Co.—New Director
of Subsidiary
of the company's legal
department, with
E.
James
general
the railroad.
c"se
attorneys time to plan
on
Special reserve for contingencies,
"After
Pacific Ry.—Request Refused—
The motion of attorneys for the company to have the Government's
$5,500,000 in counter claims dismissed in the suit in which the rail¬
road is
asking $3,800,000 for freight due from Grand Coulee Dam
Shipping, was denied Jan. 10 by Judge Robert C. Bell in Federal Court
District
taxes
Nunn-Bush
to
reserve
Northern
4,600
;;
—$4,936,036
$2,319,745
(;
1736.
(
22,511
expenses
Total
158,
65,900
646,482
...
(. Liabilities—/■(■' •
:(/''(((;X
Accounts payable (trade creditors and others)
Accrued wages, salaries, taxes, etc.--
.
390,408
1,672,438
$9,007,005
income
!——
-
963,193
386,000
1,875,185
2,361
refund
(post-war
Government
S.
,
■
Prepaid
1,932,602
_
59,887
of own
for sale
employees
from
tProperty, plant and
11,532,383
955,9.04.
120,332
1,016,664
Lasts, dies and patterns,
1942
1,833,166
,
depreciation—
Rental of hydro-electric generating plants (ineluding taxes)
\
State, local and miscellaneous Federal taxes_™
for
Provision
127,694
stock
U.
from
of
$27,265,980 $23,660,955
revenues
1,961,524
Insurance-,
value of life
Total
operating
Total
200,156
62,787
receiv.
common
$16,293,170 $14,597,000(
10,390,332
8,678,444
582,478
385,511
(gas)
(water)
$543,974
Investments
Notes
1942
1943 V
$383,915
1,080,100
742,703
1,802,496
securities
receivable
"Accounts
Public Service Co.—Earnings—
(electric)
Operating revenue
Operating revenue
Operating revenue
f-•(((''' (v;
Inventories;;
Due
Northern Indiana
31
Oct,
Sheet,
Balance
in banks
hand and
on
$1.12
of property, plant and equip¬
1942, and $69,037 in 1941.
('>/('
S.10 Government
U.
70,605
135,456
$1.07.
•
'
Jan.
on
$1.19
V ! Assets—.
18 petitioned the SEC for consent to reduce
its capital stock from $35,575,565 to $21,077,797, (according to
an
announcement by the company.
The purpose of the petition is to
enable the company to charge, against capital^ surplus $14,497,768 in/
connection with
the write-off of book cost of property previously
ordered by the Federal Power Commission.
A petition to /the
Public Service Commission of the State" of New
York regarding the same matter was filed on Jan. 11.—V. 159, p. 218.
company
150,000
$259,973
for depreciation
provision
■
The
169.330
$57,457 in 1943, $58,503 in
was
100,000
$249,865
68,512
135,456
;
66,809
,
share
common
Note—The
ment
Power Co.—Seeks Capital Reduction—
Niagara Falls
y
dividends
dividends
per
$409,973
de«
price
75,000
Earnings
,
$349,865 .i:
$341,836
$266,836
Common
59,600
39,193
Cr4 600
Cr61,300
year
inventory
151,932
(
profits
to earned surp—
Preferred
of Boston, a
reduction. The plan would
bonds to satisfy the claim.—V. 159,
154,351
204,600
;.(;.; 43,981
150,043
clines, post-war adjustments, etc.,
transferred to special reserve
Balance transf.
r
excess
the
for
for
Approp.
The plan
payment of $131,854 is proposed, a $21,866
give
625,000
(
taxes
(estimated)
income
'
the
of
tax
provided $399,834 of first mortgage bonds for this debt.
The Union Trust Co., Springfield, has a total claim of $156,100 for
which the settlement provides $131,615, a cut of $24,485.
The plan
had allocated $151,098 in first mortgage bonds to this claim. ;: \
For
refund
Net
;
14,132
28,500
(
46,562
profits
excess
State -taxes'
Post-war
15,771
306,300
sl5,062
390,000
Federal. i normal
bonds for this claim.
Trust Co., with a claim of $1,980,835, Is to get $1,679,899,
a
saving to the debtor of $300,936. The plan would have given" this
bank $1,917,192 in first mortgage bonds.
The $1,861,598 claim of the National Shawmut Bank, Boston, is to
be satisfied by a payment of $1,611,686, a cut of $249,911.
It would
receive $1,456,865 of new first mortgage bonds and $344,921 of income
bonds under the plan.
'
;((///y.'. yy yy(4'
The Second National Bank, Boston, has a claim of $413,106 which
2,996
$703,330
(
$1,507,203
paid & other miscell. charges^
Contributions to Nunn-Bush profit-
Irving
4,658
$1,070,269
10,816
Int.
gage
it is proposed
$1,496,387
:
,'w
income
Total income
(
Bank of Boston is to.
reduc¬
,Under; the proposed payment First National
get $3,101,672 in satisfaction of a total claim of $3,626,929, a
tion of $525,257.
The plan had provided $3,510,381 of new first
road
$6,188,189
484,741
-
2584.
p.
(( Northwestern
See
$541,175
536,636
income1
158,
27,158,700
7,069,448
2,842,122
794,976
$520,804
income 1_„
oper.
Net
—V.
32,731,891
9,666,498
912,782
3,103,192
expenses
Operating taxes
claim is that held by Chase National Bank, totaling
and the settlementproposal provides for payment of
cut of $594,961. The commission had provided $3,917,184
in first mortgage hoxids and $225,605 ih Income bonds in satisfaction
of this claim.
*
The
Up 1.73%—
5,281
$4,542,059
revenues
largest
The
case
New England Power Association—Output
for
—
$4,280,312,
$3,685,351,
line
4
1943—11 Mos.—1942
1943—Month—1942
.
of
at St.
;
Operating
principal and accrued interest amounting to $12,472,603.
The banks which now will surrender motes and collateral to the
New Haven's trustee
are
the Union Trust Co. of Springfield, First
National Bank, Second National Bank, National Shawmut Bank and
State Street Trust Co., Boston, and Chase National Bank and Irving
Trust Co. of New York.
Dividend—
account of
accumulations on the $2 cumulative and participating class A stock,
no
par value, payable March 15 to holders of record March 1.
Pay¬
ments last year were as follows:
March 15, 20 cents; June' 15, 10
cents; and Sept. 15 and Dec. 15, 20 cents each.—V. 158, p. 1736.
157, p.. 477.
Uncoljectible oper. rev-
and New York banks against the company for a
cash payment of $10,692,642.
Judge Hincks recently approved and
forwarded to the Interstate Commerce Commission a plan for reorgani¬
zation of the road.
The payment authorized by the court is in settle¬
Net
cents per share has been declared, on
of 20
dividend
company (now
have been called for
Co.)
Period Ended Nov. 30—
(Mass.), Boston
—v.
A
this
of
1945,
Wire
Northwestern Bell Telephone Co.—Earnings—
that the number of stores in
and
of
1944,
Trust
'
,
of the road
trustees
Gross'
W.
&
V.
bring."—V. 159,
may
war
_
—
.
,
"/o sinking fund bonds/ due
known as the Northwesternredemption as of March 15,
at 102 and interest.
Payfhent will be made at The Northern
Co.,
successor
trustee, 50 So. La Salle St., Chicago,, 111.—
1,
Steel
been
,
National Tea Co., Chicago, 111.—Sales
;
.
$94,000 of first mortgage 5 xk
of
total
A
Aug.
of
Bank Claims—
months and
'
Northwestern Barb Wire Co.—Bonds Called—
•
New York, New
p.
under con¬
•
11 Months Ended Nov.
National Power & Light Co.—To Redeem
The
.(.(•'
ago
years
111.
■
was
daily flights, Northwest Airlines is handling special loads
tract with the Air Transport Command.—V. 159, p. 12.
in the judgment of
be,
meet
p.
ment
in 1943,
week.
established in December when 163,064 pounds were carried,
an
increase of 56,246 over the same month in 1942, and the second
straight month of record-breaking loads during the last year.
((..Express pounds for December totaled 95,898,289 as compared with
thfe November total of 70,464,499 and is an
increase of 71,516,786
pounds flown tn December of a year ago.
/'> ■
'
.y
In addition to
carrying vital war supplies on regularly scheduled
however, con¬
the board of directors, of paramount
importance in putting the company in the strongest possible position
field
,■;
air cargo began shortly
a new all-time record
Monthly records by NWA in the handling of
Pearl Harbor, Mr. Hunter declared, and
high
retirement and the conservation of its resources,
"Debt
tinue
i• ■ :
:
Established—
report
annual
after
result of studies now under way.
a
as
Federal
from
transition
Credit—The
"VT"
line
required.
believed to be
V
showed air express pounds in 1943 increased by
391,483 over 1,164,249 of the previous year,
and the billion-pound
mileage total for 1943 was an increase of 144,029,792 over the total
-for' 1942.
/'• -•/,(;.((■ (.-(;/■(" "V .■■
.-
accomplished through the
abandonment of) unprofitable
operations and further progress in this direction is anti¬
adopted1 several
cipated
V
have
annual" savings
"Substantial
policy
for 1942 Completed—Renegotiation proceedings
the War Profits Control Act for the year ended Sept. 30, 1942, have
been completed and no refund of profits was' required.
Proceedings
for the year ended Sept. 30, >1943, have not yet been started and no
determination of the amount, if any, which may be refundable is
Renegotiation
operating practices.
in
.,
planes,- carrying vital materials to war produc¬
throughout the nation, hauled 1,554,732
corporation's
The
interruption of transportation service/
"With the return of competitive conditions in transportation after
the war, our first job will be to continue the modernization of our
plant and further improve its standards of efficiency, and the com¬
pany is now studying a five-year program with this in view.
It is
continuing to explore all possibilities for developing further efficiencies
1,505,151
4,617,053
2,145,799
profit
Net
Dividends
:' '.'(
to prevent
required
Cr478,347
—i--
quired
/
*600,000
!
•..
pounds oyer a total of 1,000,634,952 pound miles
Croil Hunter, President and General Manager/reported last
reached a level without precedent and amounted to approxi¬
$120,000,000, or nearly 17 cents for every dollar of operating
-v'(• /
;'4',>(('.(,'./■ (.;(■■ "'"4■(,((>:.■;
''Wage rates increased materially, the full effect of which will be
felt during the current year,
Fuel and other materials and supplies
cost much more.
;/;,:(((;;'.( (•' .-c //((''•'
"The tremendous volume of traffic created by the war was such,
however, that net earnings exceeded $8.50 per share.
In 1942 they
were $7.61' per share. •,•, '.•••, •
• y.
r
//. .44
"The
demands of
war
in the field of transportation have been
colossal, but so far they have been met and the civilian economy has
(been kept going. ■ 4'"y(
y-/;4
"As of Dec. 27, 1943, the United States assumed possession and con¬
trol of the railroads of the country to be continued until no longer
117,828
.
income deducts.
.4—Fed. & State inc. taxes
Excess profits
taxes—
Taxes provided in prior
deductions
This
mately
2,987,900
1,305,831
•,
express
(:
continues;
.
tion centers and military areas
revenue.
10,079,663
•>,.:( ,iV■'(V;
Northwest Airlines, Inc.—New Records
"Taxes
'2,059,014
928,886
9,036,690 ;
1,042,973 :.
Williamson
Mr.
145,378
Sundry
Other
12,099,325
14,073,843
ii—iii.
war-;
ranty on
Loss on
•'
73,489,575
59,331,236
;p, 2473..
to
letter
a
15. F; E. Williamson,
Jan.
8,595,725
10,975,958
profit
Total
Prov.
6,076,108
In
$
'* • 'ri V'
10,085,243
..4/
Operating
Other
'''
6,073,553
^
expenses
'$■"
;a.' ■ /
Central RR.—Earnings Exceed $8.50- a Share
stockholders, accompanying, the dividend payable on
President, reported that in 1943 the volume
of traffic handled was the highest in the company's history and that;
gross revenues also had reached a record high, despite the fact that
not in a generation had the revenue received per unit of service been
lower.
For carrying a passenger one mile, the average was 1.9 cents
and for hauling a ton of freight one mile it was less than 0.9 cents.
.
-•
company--proposed to use the proceeds to pay the $4,999,000 of
Gas Light Co. general mortgage gold bonds, 5%,, assumed
toy it and maturing on March 1, and the $4,000,000 of promissory notes
of the company dated June 14, 1943, and expiring on Feb. 28.
The new bonas would be offered for sale by inviting competitive
bids.
The serial notes would be sold to commercial banks.—V, 158,
Paul
St.
Broadway,
165
trustee,
&
York, N. Y.—V.
with-the SEC a plan to issue and sell $5,000,000
series due Feb. 1, 1974, and $4,000,000 of
bonds,
mortgage
Thfe."
Payment will be made at
Trust Co., ^successor
158,. p. 894,*
,/
■
Bank
Chemical
the
New
first
of
.'2Vk%;.serial'"notes;.
'
1940
1941
82,061,475 122,045,258
69,032,763
98,934,725
sold
168,777,567
advertising and
goods
of
Cost
1942
':
184,936,1162
sales 4--^-----.--.
Net
((
Service Coordinated Transport.
Public
by
'
•
Company has filed
gold bonds due
50-year
1950, of the above company have been called for redemption
of March 1, 1944, at 105 and interest, it was announced pn Jan. 10
v
•Earnings—
Subs.)
Nash-Kelvinator Corp. (&
first mortgage 4%
outstanding
the
of
March 1,
$29,717,000.—V. 158, p. 488.
making a total of
housing loans,
war
Filed—
demption of Bonds—
company's history,
»
' ■
During the year the company paid $19,397,897
beneficiaries, including dividends of $3,950,548.
(Minn.)- -$9,000,000 Issues
Northern States Power Co.
Hudson River Ry. & Ferry Co.—Re¬
&
Jersey
New
in every year of the
'
'
to policyholders and
v
,'
The
company's participation in war financing was such that its
direct contributions to the war effort in bonds and loans exceeded
the company's premium income, for the year by $3,295,934.
These
contributions included the company's purchase of $6,900,000 of U. S.
Government bonds and $22,817,000 of Federal Housing Administration
reflect
Monday, January 24, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
384
Naylor,
Manager
offices in Toledo,
and director of
Secretary
—V.
159, p. 112.
.
*
Ohio, has been elected a Vice-President,
the Owens-Illinois Can Co., a subsidiary, ,
I
t
Pacific Mills, Lawrence,
The
less
43,185,000
year
a
company
tax credit
reports
that
of $1,238,775.
ended Jan. 2,
Mass.—Renegotiation—
the
Government
recovered
$1,703,000,
under renegotiation of contracts for the
1943.—V. 158, p. 2473.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
interest.
Co.—Earnings—
Pacific Telephone & Telegraph
$■
revenues ___
Uncollectible oper. rev.
Operating
Operating
Net
Net
10,165,566
1,672,368
______
92,102,786
62,613,790
17,196,113
112.
1,108,122
12,960,518
12,292,883
1,019,019
._
159, p.
1,913,116
v.;' -
17,444,359
17,865,373
-/'--v:
_•
the
of
Philadelphia
A
of
Co.,
holder
engines, many of which embody
horsepower, at only a 60% increase in Government billings
was reported on Jan.
5 by this company in preliminary figures on its
war production for the year just closed.
Geo. T. Christopher, President and General Manager, told a press
conference at Detroit, Mich.,
that the company estimates its 1943
business in Rolls-Royce aircraft and Packard marine engines for PT
boats at $355,000,000.
This is 3 Vz times greater than the company's
biggest car production year.
The company expects its 1944 volume to touch $500,000,000 and to
accomplish this production goal it has added a new modern plant, in
70%
A
increase
in
of
output
war
4
Ohio.—V.
Toledo,
V:'1
./-v'
159, p, 219.
Parmelee Transportation Co.—To
Landman, President, on Jan. 12 announced that
during the past year have enabled the company
W.
L.
;
Pay Debentures—
funds to pay off in cash in full
158, p. 2473.
debentures due April 1, 1944.—V.
Mines
Patino
■
'■
1943, esti¬
mated^net income of £888,534 (equivalent to IJ. S. $3,585,235), plus
36,627,747 bolivianos (approximately $.872,089) before; providing lor
income taxes.
After taxes estimated net profit amounted to £888,534
(equivalent to U. S. $3,585,235), and a loss of 6,553,253 bolivianos
(approximately $156,030),
For the same period in 1942 profits, alter
taxes as adjusted,
amounted to £885,657 (equivalent to U. S. $3,573,626), plus 17,223,634 bolivianos (approximately $410,086).
Tin
in concentrates shipped
but not sold at Sept. 30, 1943, was
valued in inventory at £334 per long ton of fine tin (60 cents per
pound; fo.b. South American ports, the same price prevailing at
The
reports for the nine months ended Sept. 30,
company
1942.
Sept.. 30,
'•
months of 1942 included
lent
to
(approximately $302,751) non¬
account of settlement in 19t2 for late
Bs.. 12,715,529
plus
$737,517),
recurring profit before taxes on
shipments and
1941
inventory.
:
,
purposes
Jong illness, at the age
in
died
plan
5%
1943—Month—1942
1943—12 Mos.—1942
$3,825,941
$3,914,895 $34,773,695 $32,603,812
Period End. Dec. 31—
—V.
'
..
__
158,
2474.
2584,
pp.
v
-
•
'
$280
were;
Salomon
Bros. & Hutzler, and associates, who bid 99.589 on 2J/4%
certificates,
and Harris, Hall & Co. (Inc.), and associates, who bid 99.273 on 2%%
ccrt-ificflt/cs
Other
2.29%.
approximately
of
company
■ v. '•
will be dated Feb. 1
1944, and will mature in 15
instalments of $148,000 each,, payable Feb. 1 of each
1945.
They are to be issued to finance in part the
purchase of seven type 2-8-4 freight locomotives, with 22,000-gallon
tenders, without boosters; five type 2-8-4 freight locomotives, with
22,000-gallon tenders, with boosters;
100 70-ton composite gondola
cars, and 100 70-ton composite flat cars. ■ ■/'•
The winning group expects to formally re-offer the certificates fol¬
lowing completion of the Fourth War Loan Drive at prices .to yield
from 0.90%
to 2.50%, according to maturity.
4
'
Associated With Halsey, Stuart & Co., Inc., in the successful bid
were:
Ladenburg, Thalmann & Co.; Otis & Co.; Hornblower & Weeks;
First
of Michigan Corp.;
First Cleveland Corp.; Marx & Co,; Newburger & Hano, and F. S. Yantis & Co., Inc.—V. 159, p. 219.
certificates
The
annual
equal
year
starting in
The
W.'s
plan
is
plan
shares.
the
and
stock
sales
of
iCost
admin,
1941
$5,542,744
6,799,638
5,090,359
4,564,214
and
____
508,655
$317,927
$11,900
451,641;;'
583,683
...
expenses
440,486
$347,144
of
tefund
are.
the
by
Pennsylvania
the
Net
revenue
other.
Public
to be separated.
approval
to
of without
Total
.
has
set
York
New
and
Feb.
for
7
hearing
a
on
amendments
any
60,000
76,000
$119,028
66,000
$234,633
33,000
$13,812
132,000
:
Statement
-
arnings
,•
-
per
share
$209,992
66,000
$1.06
$0.54
$0.95
;220,000 shrs. cap. stk.
'"After
:
:
on
Gross
sales, less returns and allows.
of
Cost
goods
Provision
for
& adm.
gen.
Gross
Other
6,636.435
depreciation.
Oct. 31, 1943
Balance Sheet,
.
Assets—Cash
profit
Gross
Other
-
j
accounts receivable (less reserve for doubtful accounts of
$1,099,827; inventories, $995,269;
other receivables (nonurrentj', $6,864; cash surrender value of life insurance, $16,342; inestment.
$10,004; prepaid expenses and deferred charges, $44,894;
485,043
ar
savings
ederal
taxes
ipital surplus, $424,529; earned
surplus, $1,864,208; total, $3,494,277.-
Acquisition—
The
company
.
-
.
Materials, Inc., which will operate
This division will manuwill be expanded to prooafs.—V. 158, p. 1941.
has acquired Molded
division, it Was announced on Jan. 5.
icture truck brake linings and eventually
s
a
uce
brake lining
for passenger
Philadelphia Electric
electric
The
eek
ended
output
Jan.
15,
for
Co.—Weekly Output—
this
company
and
its subsidiaries for the
1944, amounted to 135.022.000 kwh., an increase
the corresponding period last year.—
M4.960,000 kwh., or 12.5%, over
.159,
p'.
•' :
219.
$3,316,154
Philadelphia Rapid Transit Co.—Bonds
Called—
tax—')
Net
-V.
refund
tax
..91,821
162,577
of
417,209
272,257
950,000
1,690,000
_
:
Net
CrllO.OOO
—™__$1,345,046
....
B,
Tucker,
$1,266,474
$1,136,044
-Net
Vice-President.*
departments
will
He
and
director of
will
have
be
glass
supervision
developments in
of
ments
last
year
.and
Oct.
share has been declared
per
payable
Feb.
were
follows:
as
1
on
holders of record
to
Jan.
air¬
A
corporation has notified stockholders that to
The
Corp.
22.
$2,778,307
*6,607
*6,613
*18,007
$236,760
$2,468,448
$2,760,300
33,547
14,464
28,974
102,454
325,011
$207,786
$2,365,994
$2,435,289
2,362
7.029
Crl44
'1,343
9.69H
$208,464
$2,367,013
$2,432,620
154,200
1,541,100
1,589,300
$54,264
$825,913
$843,320
.
$215,985
■
,
142,550 '.
:
$73,435
surplus..
letter
America.
to
another
two
v.
achievement
won
by
years,—V.
operating
47.
P-
Radio
;'V'
:
America—Earnings1943—11 Mos.—1942
1943—Month—1942
$42,233
76,358
$38,441
60,647
$439,161
694,010
$490:814
698,179
$34,125
.
loss—_
income,!
commun.
by
v;!
awards for high accomplishment
RCA divisions and subsidiaries in
various
159,
Department
of
number
Period Ended Nov. 30—
$22,206
$254,849
$207,365
14,446
1,400
$207,365
$32,725*
$22,206
$240,403
non-com..
169,157
"44,840
1,687,575
income...
$136,432
"$67,046
$1,447,172
7,553
$777,083
"$67,046
$1,439,619
$776,333
$134,141
"$67,046
$1,439,619
$686,333
116,890
59,000
1,163,790
620,195
$17,251
"$126,046
$275,829
$66,138
loss
Operating
Ord.
continued
of
Navy
the
,;i- Vvv
the
16
to
Operating revenues
Operating expenses, etc.
Other
months
six
from
receiver
a
effort
war
last
America—Flag Award—
effort has been awarded RCA Laboratories, Princeton, N, J.,,
brings
Net.
stockholders must present their Potrero stock certificates to the
Trust Co. of New York, transfer agent, for stamp¬
$230,517
Radiomarine Corp. of
v
receive a liquidat¬
.
income,
1
984,448
Continental Bank &
ing to indicate payment of the liquidating dividends,—Vi
159, p. 47.
Gross
ord.
Deducts,
Public Service
Hudson
See
&
Coordinated Transport—Calls Bonds—
Traction
River
Co.
New Jersey
and
Ferry Co. above.—V. 158, p. 1477.
Net
•
i
& Hudson River Ry.
Extraord.
Months
Ended
(& Subs.)- -Earns.
Dec. ,31—
revenues
(corp.
Total
$
Other
66,403,232
15,038.850
12,553,560
13,856,973
13,220,604
expenses___i»_
15,848,062
15,221,571
8,696,028
9,184,887
20,188,932
profits.taxes^
excess
19,443,106
■,
taxes
Balance
31,975,079
deductions
"Subsidiary
(int.
bonds,
on
companies'
etc.)
Net
31,487,071
14,565,911
— -.
13,438,464
1,501,128
1,501,128
dividends
income
S.
Corp.
P.
S.
15,908.040
of
N. J.
pfd.
16,547,479
9,850,936
diVs._—™_
9,850,936
6,057,104
6,696,543
divs.____.__-™™
5,503,193
5,228,033
553,911
com.
$1.10
earnings per share
Public
Service
Corp.'s com. stk._
on
Corp. of New
Jersey
not'consolidated)—
Earnings
per
"Payable
to
share
and
Service Electric
public
Gas Co.)—V.
(principally
$1.01
$1.01
stock
preferred
on
of
Public
combination
the
month,
government
of
Puerto
Rico
has
become
the
first State or
territory under the American flag to own and control all electric power
facilities
its
borders,
states
an
Associated
Juan, Puerto Rico.
The
In
dispatch
a
York
&
within
Jan.
on
Power
14,
Co.
and directors
WRA
paid
were
dispatch from
•
the
and
obtained
by
Juan and New
Authority
completed
was
organization elected.
for the property of
the
and officers
Puerto
Rico
Ry.,
the
service in No¬
the
company's
shipments handled in
1942,
with
commercial
nation's
27,939
shipments for
?
.*
airlines
during
the same
'! .-.v V'.,/;
-r.
-■
.
V.
159, pp.
113, 47.
Reliance Mfg. Co. of Illinois—Part of
stock,
unpaid
on
.April
$100
par
159, p.
,
retiring
113.
43,255,447
19,511,479
4,627,892
5,130,265
9,248,866
10,204,462
$2,967,110
$4,640,174
$5,580,007
$8,806,971
331,845
186,607
466,377
320; 095
$3,298,955
from
operations
amort,
&
$4,826,781
$6,046,384
$9,127,066
306,819
costs
148,499
151,975
299,273
7,500
11,512
15,144
inc. taxes-
$3,142,956
$4,663,294
$5,731,967
& foreign taxes
income^—(est.)
2,181,978
3,256,636
3,957,394
6,593,144
$960,978
$1,406,658
$1,774,573
$2,203,200
of
on
prop,
debs.™—
not used
operations
Profit bef.
JU.
of
™™_
& exps.
in
1943—6 Mos.—1942
10,574,129
income
Total
Exp.
8,302
(& Subs.)—Earnings—
1943—3 Mos.—1942
Sell,, adm. & gen, exp,_
Int.
shares,
23,754,422
sales
of
Other
these
$31,349,425 $20,344,568 $58,084,320 $38,522,913
sales
tCost
shares of its pre¬
plus accrued and
shares will be
1, 1944, will redeem 750
value, at $110 per share
After
dividends.
Period End. Sept. 30—
"Net
Preferred Stock
Redemption—
company
ferred
$1,700,000 for that of the Mayaguez company.
a $20,000,000 WRA bond
issue subscribed to
^recently by three continental banking concerns.—V. 156, p. 347.
air-rail
36,189
were
;*
Prof,
San
properties of Puerto Ri«o Ry., Light
Light, Power & Ice Co., Ltd. to the
Resources
new
$10,000,000
between
ceremony
the
Mayaguez
Water
of
Light & Power Co.
Funds
telephone
transfer of
and
Government's
V
Press
further adds;
long-distance
compared
-
Remington Rand, Inc.
corporations,
service
for
combined
November,
There
reports.
service
in
over
month in
v\
•.
Indicative of the increasing
use
of combined air-rail express by
shippers and consignees located at off-airline points, charges on this
traffic were up 37,2%
for the month, the agency pointed out.
For
the period, January-November, 1943, air-rail shipments increased 28%,
while
charges were 67.4% higher than for the similar 1942 period,
it was reported.
■'
* ■
\
Shipments handled In air-rail service between the 350 U. S. air¬
port cities and the 23,000 offices of Railway Express either originate
at or are destined td an off-airline point, or move part way by .rail.—
1942.
Puerto Rico Ry., Light & Power Co.—Acquired—
insular
29.5%
division
outstanding.—V.
158, p. 2620.
Through acquisition of properties of two public
the
carried
Inc.—Nov. Shipments-
Agency,
the
The
stock
common
on
the
.:Vv
;
shipments
increased
Called for
alone subs,
'
,
113.
p.
Express
express
express
$1.22
:
Comb,
air
inc..
surplus..
159,
Railway
Air
vember
1,468.510
i:
i
Corp. of N. J.
90,000
chgs.
net
earned
"Loss.—V.
167,514,031
78,020,932
•
Depreciation and retirement
"Federal income taxes™
i
750
transferred
120,895
____
:
Maintenance
from
inc.
to
387,944
183,624,856
subs.)
and
revenues
Expenses
Net
183,236,912 167,393,136
(subs.)
revenues
;
$134,141
income—
income,
income
Deducts,
1942
1943
$
Oper.
2.291
inc.
.V
Public Service Corp. of New Jersey
12
ord.
from
ord.
Net
23,903
$8,796,344
S.
on
Puget Sound Power & Light Co.- -30c. Common Div.
Net
-To Reduce Bank Loans—
The
the
directors
new
This
on
the
The
stock
new
Frank
a dividend of 30 cents per share on
stock, payable Feb. 1 to holders of record Jan. 24.
been approved by the Washington Department of
An initial distribution of. 60 cents per share was made
recently declared
common
distribution
107^000 of 5% collateral gold bonds, dated Dec. 15, 1908, at 105 and
$2,475,061
$246,053
representing
of
the
Pay¬
ing dividend of one share of the Mexican subsidiary, Compania Manu¬
facturer del Potrero, S. A., for each share of Potrero Sugar common
stock,
47,762
$243,367
transferred
war
according
the common
Jan.
Potrero Sugar Co., Inc.—Liquidating Payment—
;
star
the
—
and July 1, 40 cents each,
;
„
18
cents—V. 157, p. 2352.
30
1,
cents
40
$10,
4,780
$196,970
net inc._V
earned
in the
in
par
•■/■ ""19,743
$2,717,572
60,735-
income-
from
This
Pneumatic Scale Co., Ltd.—40-Cent Dividend
dividend
$2,427,299
.....
Radio Corp. of
sales, has been elected a
of the export and optical
and plastics.—V. 158, p. 2619.
stock,
$238,587
534
inc.
to
with -special
associated
.4,855,878
$216,713
-'Loss.—V. 158, p. 2620. ';
;
formerly
4,603,226
income
Deducs,
'""•c-L--:
2051.
p.
$7,573,450
394,217
Credits
Net
725,000
Crl69,000
$7,030,525
456,496
income—-
Extraordinary
162,958
1,100,000
1943—11 Mos.—1942
$632,804"
$673,209
inc
ordinary
Extraordinary
excess
_
Inc.—Earnings—
1943—Month—1942
ordinary inc...
from ord, inc..:
Deducts.,
575,000
;
payroll
1943,
of $1,0.18,682,
taxes
revenues^.
oper.
Gross
.
R.
..
railed for redemption as of Feb. 1, 1944, a total of
be^n
5,432,781
November,
income
'
$2,599,001
810.000
___
Federal
for
communication
83,178
$3,478,731
and surtax
(est.)
income
158,
dividend
Th^re have
5,728,036
Operating
income—
Ordinary income—Non¬
$2,515,824
____™____™__.
profits
Public Service.
.
t434.921
revenues..—
revenues™.
'/ Net
1,464,712
$4,093,255
_____
deductions'
Post-war
San
$541,440; accrued expenses, $225,089;
employees' earnings for purchase of U
S.
bonds, $6,303; dividend payable, $66,000, reserve for
on
income, $146,707; capital stock (par $1), $220,000,
from
withheld
16,311,202
523,441
expenses____ 1
■;
income
Excess
payable,
Liabilities—Accounts
mount
1,022,283
21,743,983
*23,305,168
Period End. Nov. 30—
409,919
1,035,939
.
tax
35.607),
for depreciation of $1,-
29,033,204
2,697,023
5,939,295
867,367
'
,
income
20,000;
roperty,. plant and equipment (less reserve
31,853),' $908,365; total, $3,494,277.,, , : .
1,157,285
2.082,849
133,244
2,262,102
"1,559,408
•
_______
Operating
$10,329,749
6,540,116
$4,001,434
operations.
from
Normal
hand, $353,286; U. S. savings bonds,
banks and on
in
2,438,670
98,455
Operating
1941
372,300
exps,_-_L^____.^Lvy
income
Balance
$0.06
2,832,867
_______
Oth. communication inc.:
.
allowances and Federal excise tax.
tlnluding depreciation of $154,573 in 1943, $134,588 in 1942, $117,730 in
941 and $110,318 in 1940/
llncliiding depreciation of $2,772 in 1943.
2,783 in 1942, $2,609 in 1941 and $2,412 in 1940. t-•
•
.
• <•,.
199,291
Calendar Years—
1942
.
$11,877,536 $11,377,252
sold
Sell.,
"5,046
deducting discounts,
3,460,954
276,485
;
,
Earnings
9 Mos. End.
Sept. 30, '43
1
-•
.
of
Vv-
,
Period—
Balance
income
Net
ividends
3,990,153
.
1,200
/
20,721,700
•'
*.
332,535
RCA Communication,
Stock
.
P.
140,000
27,875,9^8
;
taxes of $303,676 and U. $.
and for the 11 months ended
Nov. 30, 1943, payroll taxes oL $3,305,968 and U, S. Government income
taxes of $17,539,296,
tDeficit.—V. 159, p. £7, 1
,,
.
/■/';.
or
3,775
3,519
v
income
profits tax
excess
3,192
1,864
.
charges..
Fed.
for
i
of equip.
Loss on dispos.
Miscellaneous
Prov.
__
2,11-8,858
:.
374,940
revenues.,
Government
Exchange has authorized the listing of 500,000
shares of common stock (par $11, all of which is issued and outstand¬
ing in the hands of the public.
>
Income
income
Total
65,814,470
_______
accrued
"Includes
.
(Clias.) Pfizer & Co., Inc.—Listing of Common Stock—
The
865
$20,058
$317,927
$184,084
$349,992
$
86,536.170
79,202,437
Operating income
'
"2",848
Income..
net
Taxes
7,293
,
tax...
proc.
Miscellaneous
$184,084
$
6,526,298
1,984,394
expenses
directed
court
Federal
profit
Operating
1943—11 Mos,—1942
7,979,798
revenue
Total,
.
..
1940
$7,626,220
7,512,988
sold...
general
JSelling,
•
.
goods
1942
$5,199,940
1943
$8,443,815
Years Ended Oct. 31—
1948.—
inextricably joined
are
disposed
or
,
.
.
bonds
subject
Other
'
1,
'
to Suburban's plan, and to decide whether it is "worthy
consideration," with the P. & W. amended plan held in abeyance.
—V. 158, p.
1862v>/>:c;i^
•
"Net
March
107,078,356
.
;
revenues
.
Pharis Tire & Rubber Co.- -Earnings-
retired
Expenses of Car and Auxiliary Operations
Auxiliary Operations—•
Total
of
bidders
11
and
expenses
Net
purchase any or
Issued un^er its
objections
A
on
1948.-
four
of
also contains an offer bv it to
shares of common which would be
plane assembly
Jan. 18 awarded, subject to Interstate Commerce Com¬
mission
approval, an issue of $2,220,000 of serial equipment trust
certificates of 1944 to Halsey, Stuart & Co., Inc., and associates', on
their bid of 99.69 for 2'/4% obligations, an interest cost basis to the
Company
fully
Total
payment
and the Interstate Commerce Commission.
that copies of the plan be submitted to both
commissions for consideration and requested both
to submit reports
by March. 15, next.
: ■'--v;/1t .•
Awarded—
cates
is
the
proposes
one
court
The
Certifi¬
Trust
Railway—Equipment
Marquette
Pere
;
1,
1,
Co.—Earnings—
________
Pittsburgh Plate Glass Co.—New Vice-President—
Sales
loan
March
five-year bank loan
reducing the loan to
retired* semi-annually with
pay¬
be
to
the
retired
March
Utility Commission
Chicago,
Off 2.3%
is
until
fully
company's
on
„
new
for every four
Suburban's
is
the
overwhelming majority of the
by an
in
&
P.
balance
The
loan
under
off $1,000,000
Period End. Nov. 30—1943—Month—1942
Sleeping Car Operations—
$
S
Total
revenues
9,964,192
3,655,156
plan
at $200
the
that
113.
Pullman
income
until
$562,500
p.
outstanding
bonds, due Jan. 1, 1974, $120 in cash and
paid and non-assessable (no par) common stock.
full
profits
Peoples Drug Stores, Inc.—December Sales
each,
Revenues
30-year
pay
It will pay
of
159,
Transportation
W.'s
&
V.
bonds
for each $1,000 existing bonds,
new
common
could not; be sold
Under the Suburban plan the issues
railroad and a nationally
111., on Jan. 14 after a
of 69.—V. 159, p. 219.
'
.
, ,
-
executive,
railroad
of
$400
been accepted
Suburban's
together and
Newcomet, Vice-President of this
Horace E.
of
(no par)
new
10,573
Under
Pennsylvania RIt.—Obituary—
known
ments
.
of this statement, conversion of pounds sterling
is at $4.03Va to
£1, and the exchange value of Bolivian currency is
approximated at Bs. 42 to- $1.]—V. 158, p. 1537.
'
the
[For
77-B
Section
mortgage
of
the
Philadelphia Suburban
the
issuance
has already
first
plan
£182,780 (equiva¬
Profits for the first nine
of
Suburban's
all
offered by
the
of
shares
shares
(Inc.)—
Consolidated
Enterprises
&
favorable
to accu¬
with interest the 6%
conditions
mulate sufficient
of
bondholders,
5%
under
$800,000 of the $2,627,000 of P.
5% gold bonds due June 1, 1960.
mortgage
which
increased
the company
of
under
will
announced
$4,500,000.
for reorganization
plan
delphia Jan. 17.
The plan was
and
is
declarations
should be considered quarterly.
the company's five-year bank loan agreement
off $1,000,000 March 1, reducing the loan to
The balance is to be retired semi-annually,, with payments/
that
$562,500
It
Reorganization
Bankruptcy Act was submitted to U,' S. District Court at Phila¬
Instead
Pacfkard Motor Car Co.—1943 Output Up—
Ry.—New
agreement
new
the
dividend
added
company
$4,500,000.
Western
Plan—
first
.f..;
He
the
47.
p.
&
further
tors
of
and Granting
delphia, Pa.—V. 159,
1,074,824
income™
oper.
income
s
'1
108,600,838
71,205,460
24,434,860
6,115,673
2,420,420
_
8,896,163
6,670,322
revenues
expenses
Operating taxes
—V.
21,500
will
office
at
92,425,624
322,838
8,916,183 108,840,038
20,020
239,200
10,187,066
Operating
be made out of moneys held in the sinking
The Pennsylvania Company for Insurances en
Annuities, trustee, 15th and Chestnut Sts., Phila¬
Payment
fund
Lives
1943—11 Mos.—1942
1943—Month—1942
Period Ended Nov. 30—
385
on
has
Nov.
common
Jan.
20
on
McLaughlin,
1, last.
stock
the
was
New
quoted
York
"ex"
Curb
the
30
cents
per
share
Exchange.
President, said that in the,opinion of the direc-
income
"Including for
fixed-fee
Sept. 30,
contracts,
1943, billable costs
tlneluding
for
Sept.
30,
and
1943,
fees on cost-pluscosts
under
cost-
plus-fixed-fee contracts.
^Including U. S. excess profits taxes for six
months period, $3,247,000 after deducting debt retirement and post¬
war credits of $361,000 in 1943, and $5,580,000 after deducting $620,000
in
1942.
Note—Provision for depreciation of properties charged to
loss amounted to $238,595 for
profit and
the quarter ended Sept. 30, 1943; $245,-
J
quarter ended Sept, 30, 1942;
ended Sept. 30, 1943; $455,206 for the six
the
for
168
Assets—
savings notes_„_„—
----and notes receivable—-.
U. S. Treasury Tax
drafts
"Accounts,
Unbilled
/
fees
and
costs
contracts
cost-plus-fixed-fee
on
Inventories
•
8,952,228
and
Investments
assets
equipment, net—.
820,619
advances—t———————
and equipment—
charges—
Deferred
1
loans
$928,295
®645,888
3,933,471
2,767,578
1,787,794
:
interest, insurance, rents, etc.—
Estimated cost of redemption of merchandise
coupons and completion of service contractsU. S. & foreign inc. & exc. prof, taxes—est
11,208,546
Reserve
for
Reserve
555,262
for
for
stock
Common
Capital surplus
Earned' surplus
2,478,860
16,300,000
4,623,296
1,743,040
8,836,550
10,484,544
.
J—$74,201,283 $64,573,562
"After reserves1 of $1,060,906 in 1943 and $1,091,876 in 1942. (After
reserves, for
depreciation and amortization
(including $337,443.89,
Sept. 30, 1943, $309,555.83 Sept, 30, 1942 on buildings not used in
operations) of $16,757,336 in 1943 and $16,213,097 in 1942.—V. 158,
■p.' 2474/
:
V-'-'
v'%//'/:/// //
i
.V
Total
1943
Sept. 30—
Operating
expenses
The
company
Dec. 31,
Per
$100 bond-———
Per
preferred
Per
common
share——share
—
.
■//
2620, 2474..
for
Reserve
and
31, *42
Reserve
Net
royalties)
for deplet.
■. ■
Balance Sheet,
■
,
/
State
and
taxes
excess
Jas, A.
-
close
of the preceding year.
V.'".
'
••
<•
/•'•
1943
".V,
Bank &'
or. at
agents,
will be made at the Continental Illinois National
Co;/corporate trustee; 231 So. La Salle St., Chicago, HI.,
option of the holder, at the office of either of the paying
Payment
Trust
the
Depreciation, obsolescence,
Interest
paid——.
Federal and State taxes on
etc.-—1,040,907
i
———584,806
17,753,450
income
Rose's 5,10 & 25 Cent
Sales
—
—V.
159,
p.
-:/;
48.'
Feb.
20,
San Diego
Gas & Electric
suplus———
Previous
Total
Cash
18.562,741
—
Nov. 30—
.
Surplus at end of year
Prov.
(other
Taxes :
Federal
2
45,159,537
1,071,843
342,998
23,884,464
taxes
than
operating
Federal)-:—
1—
Other income
Gross
Income
income
Net
on
Dividends
on
common
—V.
55,331,442
1943
9,483.501
__a.—
—
—
16,677,157
estate, buildings, etc
Investments
Post-war
Other
Brands,
/■.
—
credit on excess profits
goodwill
■
Prepaid items
.—
JRetirement and insurance fund—
Total
——
17,721,356
205,653
278,767
918 354
1 196,410
1,125,518
tax
receivables
trademarks,
1942
9,532,139
11,262,468
—184,199,035 172,802,712
15,372,434
receivable-.,;
Inventories
"Real
Dec. 81
'
Assets—
Cash"
Accounts
19,860.232
52,471,210
——
-
-
1,427*,214
x
1
608,872
2,261,223
555,353
2,716,586
231,129,804 217,214,950
456.930
375,000
$1,548,383
(.' 375,000
1,031,250
1,125,000
158/p. 1863.
Sought—-
National Bank & Trust Co., exchange agent, 46.
York/N. Y., in a notice to holders of all outstanding
and leasehold 20-year sinking fund .6ft, gold bonds
and
realty extension first mortgage 5'/2%
sinking fund gold loan
certificates of Savoy-Plaza
Corp. . (the old company), or. certificates
of deposit therefor, announces that in addition the securities hereto¬
fore received by the exchange agent to be delivered upon exchange of
th aforementioned obligations pursuant to the plan of reorganization
of Savoy-Plaza
Corp., the trust company has received from SavoyPlaza Inc. (the new company], certain cash representing interest on
the income bonds of the latter company included among the securities?;
so
held by the trust company.
Holders of the old securities are
requested to present the aforementioned obligations for
The
Commercial
St.,
first
mortgage fee
New
exchange,—
V.
159,
p.
114.
.
•
.
Ry.-^-Asks ICC Approval of Plan—
The company on Jan. 18 asked the Interstate Commerce Commission
to approve a plan of reorganization which
already has received the
approval of the U. S. District Courts for the Eastern District of Vir¬
ginia and the Southern District of New York,
The olan calls for total capitalization of approximately $196,870,000
Seaboard Air Line
of
the
fund debentures to be created
upon
company's
Oct. 31, 1943
U. S> savings bonds,
in banks, $1,139,557;
band and
on
accounts receivable,
2475.
Sharp & Dohme,
Fred A.
V.
Platte has
Inc.—Comptroller Appointed-
been
appointed Comptroller of this
.'/ //..,■ '•/
158, p. 2475.
/
.•
,
Sheraton Corp., Boston,
Mass,
directors of this corporation
corporation.—
-v., ■„//■ /"//../
;';/•
—
Dividend Again In¬
./,;/' •/=/'/.■/•...'
■.//:
creased—'
0/
(formerly Standard Equities Corp.)
25 cents per share on the
of record Jan. 20. During
Feb, 1, 10 cents; May 1, 15
and Nov. 1, 20 cents each.
declared a quarterly dividend of
capital stock/payable Feb. 1 to holders
1943, the following payments were made:
recently
cents; and Aug.
2
Results for Fiscal Year
annual
The
report
for
the
Ended Oct. 31, 1943—
ended
year
1943, shows net
Oct. 31,
ordinary operating income of $123,279 after provision for income and"
excess
profits taxes, equal to 93 cents per share on 131,589 shares
issued and issuable.
The total earnings after all income taxes'for ther
fiscal
Inc.—Exchange of Securities
/:,/,'.'/
U. S. Government, $512,029; notes and,
accounts receivable (trade) and other accounts receivable (less reserves
for bad debts and dealers' bonuses of $111,422), $1,670,729;" inventories,
$1,959,533; post-war refund excess profits tax, $121,145; investment
in and amounts due from affiliated companies, not consolidated
(less
reserve to reduce to their book value), $747,614; other non-current in-,
vestments (less reserve), $56,466;
plant and equipment (less reserves
for depreciation and amortization of $3,543,789), $1,802,808: unused,
real
estate,
$18,000;
deferred
charges,
$78,542; developments and
patents, $1; cash, set aside to pay dividends from Oct. 1., 1938, on
scrip certificates not surrendered for class A preferred stock, $2,177;
total, $8,208,600.
./ -/'//
Liabilities—Accounts payable, trade. $657,898; Federal income and
excess
profits taxes payable (less U. S. Treasury tax savings notes/
series
C, of
$935,000), $476,000;
other accounts payable, $156,477;
accrued liabilities, $217,851; reserve for contingencies, $393,241; reserve
for
insurance on branch inventories, $66,342; $2.50 cumulative con¬
vertible prior preference stock (21,042 shs. 110 par), $1,052,100; class A
5'fa cumulative preferred stock (par $1001, $1,886,006; class B 5% noncumulative preferred stock (par $100), $33,700; common stock <271,106
shs. no par), $271,106; surplus, $2,997,878; total, $3,208,600.—V. 158,
were
year
$390,007,
or $2.96
sale of assets are included.
;the
Wall
company
Assets—Cash
$2,005,313
668,561
stock-.
of the
July it was reviewed, revised
project being given early in
Consolidated Balance Sheet,
r
$100,000;
1,398,324
1,695,500
1,287,711
preferred stock.
by
two-thirds
than
———^
Dividends
handle,
receipt of consent from holders of mora
outstanding preferred stocks. Suf¬
ficient consents were received on Nov. 30, and sale of the debentures
was completed on Dec.
10, 1943.
'
,'//
.:■ /*'
issued
and
The
—————-
produc¬
•■■:.;/1./;'//./•v V / 'i-/
$1,500,000 of 4%' 15-year sinking
chase
104
30,000
G„-—-_/--r
Plant and Facilities—Private Financing
synthetic rubber was put into factory
GR-S
new
402,661
$1,619,150
income
deductions
,.///';,
...
plans for financing the expansion were prepared and
opened with large sources of capital.
As a result the
board of directors in'October authorized the company to enter into
a
contract with The Mutual Life Insurance Co. of New York to pur-",
$2,287,711 $2,005,148
// ——/;■
■
165
income—
v;//;.///''/;;
Meanwhile
911,247
1,373,948
2,185,000
-
■•/:;//;>//';/■'■'/)/
•:
negotiations
1,579,857
417
:—_
the
August., ■•■';/
p.
769,374
income
on
profits taxes after deduction of $116,-
Renegotiation
/.. •//?"■•".. ;'/
.
1,795,098
of limited-term investments-^-,,
for employees' past-service retir. annuit's
93,985
referred
1Q4.9
1943
102,743.
93,845
•■;•;'■/,•,•//S)::'./'■•/■'//■ //
;■
;'''/.//'
post-war refund;
Production Board during May,; June and,
and re-reviewed—final approval to the
$14,285,628 $12,990,677
4,997,836
5,844,080
Amortization
———58,894,183
Comparative Balance Sheet,
,/
Depreciaton '■
72,331,442
17,000,000
-v
_—
;
,
operating revenues
Operation' '
Maintenance and repairs
Total
73,894,183
15,000,000
surplus——_——
dividends
55,331,442
—r__„r—,
369
60,736
production program for 1943 and 1944 was to be accomplished, much
additional machinery
and a sizable increase in floor space would
have to be provided. A survey made by the engineering firm of Cover- ;
dale & Colpitis/ subsequently confirmed this; conclusion. ' .
■/•
The directors, after careful study, ordered detailed plans and spe¬
cifications prepared and'late in April the entire expansion project,
involving the expenditure .approximately of $1,500,000 was:
to the Office of Rubber Director for approval.
There and in the War
'/
Co.—Earnings—
35,100
peculiar characteristics of the material remain to be solved. Seiberling
development and production men concluded early in Feb.:, 1943, how¬
ever, that if the company's share
of the Office of .Rubber Director's
Dividend—
"■/"
157, p. 558.
V.
$219,489
47,600
94,142
Expansion of
dividend of 25 cents per share on the
usual quarterly dividend of 25 cents per share
the common dividend being payable Feb. 21 and
on Feb. 15, both to holders of record Feb. 10.
common stock (during 1943 were as follows:
May 20 and Aug. : 20, 25 cents each, and Nov. 20, $1.50.—
the
on
$813,918
67,494
common
When
stock and the
preferred stock,
the preferred dividend
Distributions! on the
common
§15,030
((215,000
-
tion, it was found to be much slower to mix, more difficult to
and slower to cure,
Many processing problems arising because
have declared a
directors
The
*-
11,017
201,307
its war produc-'
result, $175,000
of the company's profit before Federal income and excess profits taxes
in 1942 was declared to be excessive, which amount was paid to the
Federal Government during
the past fiscal year, and the provision-"
previously made for Federal income and excess profits taxes for 1942,
and the surplus account of the company, were adjusted accordingly.•
//■"■'/
Saco-Lowell Shops^25-Cent Common
Cr28,613
During the year the company's profits derived from
in the preceding year were renegotiated.
As a
$11,171,481$9,688,414
^
1,767,679
tion
Stores, Inc.—Sales Up—
1943—12 Mos.—1942
1943—Month—1942
$1,982,571 $1,812,903
Period End. Dec. 31—
Savoy-Plaza,
Earnings for year
288
94,165
class B
credit of $15,000.
'.',/
National Bank of West
First
sales-,-———414.263,939 369,212,044
Operating profit—..
—..————.
37,797,860 44,973,953
Interest, dividends, etc
144,044
185,584
37,941,904
pref. stk.
class A pref. stk.
;
$Cr46,509
$732,928
stock
$609,301
52,950
fllncludes $1,168,000 for excess
National'Bank of St.. Louis, St. Louis, Mo., or the
Bend, West Bend, Wis.—V. 158, p. 2620.
Boatmen's
The
Net
income
of Toledo, Ohio
the Holy Rosary
of
Net
$
reserve,
$3,834,604; treasury
/' •/;•'//, /
outstanding first
the
of
Year Ending
1942
accrued taxes,.
refunding mortgage serial bonds of the.
Cathedral and ail of the outstanding first
refunding mortgage serial bonds of the Central Catholic High School,
/both issued under the indenture of mortgage dated July 1, 1940, have
been
called for payment as of Feb.
1, 1944, at 100 and interest,
All
Queen
profits tax of
/•'■//;'
valorem taxes,
—To Redeem Two Issues
Comparative Income Account for Calendar Years
,
in banks,
Catholic Bishop of the Diocese
of Bonds—
Roman
;
the latter part of 1943,
it may continue to be wise policy I unless Government controls of leaf
tobacco
growing are further relaxed or suspended for 1944 in line
with the heretofore announced release of all other crops) to restrict
within the demand therefor and for a further period the output of
Camel cigarettes and some other brands with the result that, ■ after
supplying the extremely heavy requirements of the Armed Forces, the
civilian supply of these brands may be at time not wholly sufficient."
•■■■
§§408,759
$1.42
;
receivable,
surplus, $12,642; earned surplus,
total, $4,646,266—V. 157, p. 171.
capital
stock, Dr$95,140;
-
-
$1.49
$211,815 in 1943 and $211,815
/•/(•■ T-';///•••/.'/V>
Sept. 80, 1943 /
/V//-;;; N' '/ '•
payable, $81,857; accrued ad
Federal income taxes, $46,973; other
accrued
$14,294;
"Following some restriction of output during
Total
and
interest
in an
Gray,
$1.19
68,525
$301,265
$355,081/capital
v.
.
21,031
-
$6,583; contingent liability, $2,603; deferred credits,
stock (211,815 no par shares), $366,924; property insurance
accompanying letter to stockholders,:
/"■';■ '//"
"The five-year revolving or stand-by credit for $75,000,000 arranged
in
1942, has proved quite satisfactory in providing short-term funds
for actual seasonal needs.. The $18,750,000 of notes issued under; this
credit and held by 12 of the company's depositary banks at the end
of 1942, plus additional borrowings thereunder early in 1943 to com¬
plete purchases from the 1942 crop of leaf tobacco acquired after the
close of that year, were reduced to $7,500,000 before any borrowings
were made for purchases from the 1943 crops.
It is expected to make
in 1944 at least a comparable retirement of the $37,500,000 of XYs%
notes outstanding at the end of 1943 and issued under the stand-by
credit in
connection with purchases
from 1943 crops.
As against
these notes and other current liabilities the company had at Dec. 31,
1943, current assets of $203,054,970, with a net current asset position
of $146,819,349,. which latter amount is $3,105,539 greater than at the
President
hand
on
accrued
$19,845;
$2,780,562 (before post-war credit of $278,056), were $18,031,505, being
equivalent to $1.80 per share. Dividends amounting to $1.50 per share
were paid in 1943.
\
-,;v.'i/2
■;'/ V//' ''/'//"///./•/
states;
111,294,200
on
war
to
Liabilities—Accounts
■
largest in its history,
income,, including
on
/
96,807
prepaid
other
$414,263,939, compared with $369,212,044 in 1942.
Company's
principal products were billed in. 1943 at or below OPA ceiling prices,
which remained without change during the year and which ceiling
prices (except for increases in Federal excise stamp taxes) were not
higher than prices prevailing continuously since 1937,
As compared
to these ceiling prices on its manufactured products, the Company's
principal raw material—leaf tobacco—was purchased in 1943 at costs
much above those of any,crop year since 1919.
•'"/'■'• '/,./...•//,/•Federal
//
(contingent upon future oil and gas production), $398,641;
lease rentals, $2,546; prepaid insurance, $7,692; deposits/ $2,010;
deferred charges, $1,652; total, $4,646,266.;.
being
.
100,959
$846,731; accounts receivable,
$1,349; inventories. $395,413;
marketable securities (at cost), $292,745; accounts receivable (trade)
over one year old, $7,451; U. S. war bonds and notes,
$200,000; other
investments, $19,180; net fixed assets, $2,350,957; deferred accounts
Co.—1943 Earnings $18,562,-
-
181,810
,
$315,065
—
amounted
•'
Assets—Cash
$414,263,939 Largest in Company's
History—
:.//"/.,/./T'. ,//''■/;
'■ ;'v
The. financial report for 1943 shows net earnings of $18,562,741,
alter all charges including depreciation and income and excess profits
taxes.
These earnings wers equivalent to $1.85 per share on the
combined 10,000,000 shares of common and class) B common stocks
outstanding and compare with 1942 earnings of $19,860,231, or $1.98
far the
share
paid
.■
$119,899;
for Year
per share on the same number of shares.
Sales of the company for 1943 were by
31,319
16,114
71,174
$252,413
Note—Dividends
219.
(R. J.) Reynolds Tobacco
1
$673,590
■
138,921
leases
——
Rayonier/Inc.—Secondary
741—Sales
185,021
(devel. costs)—
Earnings per common
Distribution—A secondary
offering of 5,000 shares of $2 cumulative convertible pre¬
ferred stock (par $25) was made Jan. 18 by Blyth & Co.,
Inc., at $29% per share. Dealer's discount 70£.—V. 159,
$767,133
146,283
131,417
income
in. 1942.•
p.
15,473
charges—A—
reserves
deplet, (produc.
Depreciation
$208.76
205.83
13.71
$233.66.
//. 262.13
252.95
21.01
19.82
; ;//•'/ .;/':///
$238.51-
—
■
—v. 158, p.
'43 Nov. 30, '43 Dec.
11,485
$617,401
income
income
Total
available for each
values of assets
follows*.
reports market
inc. taxes'
800 for
Securities Co.—Asset Value—
outstanding securities as
of its
class
106,276
...
$2,159,469
135,508
stock/^
"After deducting returns,,allowances, bonuses,.cash discounts/ excise
tpx and freight.:
■; :
(Royalties, rentals and other income, less provision for bad debts
and other charges.
'.'"/
/..v.
(Decrease in reserve for loss on investments in and amounts duo:
from affiliated companies, not consolidated.
- "•,•/•■
§Increase in reserve'for loss on
investments in and amounts due
from affiliated companies not consolidated.
:
.v.- ,;.,>//'■/'./..*/-/•;■v:
:<
((Includes $70,000 for excess profits tax.:
//
''
;//;/)
§§Includes $292,000 for excess profits taxes after deduction for post*;
$658,117
income
Gross
*
123,278
$755,649
118,219
10,680,018
$3,013,935
1,780,017
Cr22,086
Cr2,813
214,869
.
319,471
15,590
Operating income
,
Railway and Light
1941
:
8,821,796
income
on
Div.
$1,083,864
$1,311,089
432,162
$601,811
/:/
General' .expenses;-
Other
1942
,
$1,110,591
390,561:
earnings
Gross
Div.
'
$2,859,592
1,505,114
120,669
Cr'15,768
203,248
(Cr43,532 : /tCr95,359
:
$4,047,465
1,960,506
34,020
Cr20,513
213,484
investments"
for
Div. on
Pendleton, Inc.—Earnings—
Roeser &
Years Ended
.
—
—
for Fed.
Net
Preferred Dividend—
An initial quarterly dividend of $1.25 per share has been declared
on the $5 preferred stock, payable Feb. 1 to holders of record Jan. 15.
This stock was recently issued
in exchange for outstanding $6 first
preferred stock on a share for share basis,—V. 158, p. 1178.
207,223
4,623,300
' 1,743,690
...—8,845,650
—
13,017,336
preferred stock ($25 par)—_——($1 par)'.
—
$4.50 cumul.
—
Depreciation
////■■/'''//////
.
exps.„
(Royalties
Interest, net
Reserve
1946
1941
7,450,357
14,226,407
profit on sales-
Selling & admin.
Prov.
'
..
$9,609,826
goods sold-
Gross
per share has been declared on
the common
payable Jan. 25 to holders of record Jan. 15.
Jan. 25, $1.25; and July 15,
■
Of
Cost
Riverside Cement Co.—Initial
161,087
debt—-,-
Funded
p.
1942
$18,273,872 $11,681,388 $13,693,953
sales
Div, on prior pref.
241,607
138,095
insurance, etc.--——------, . 156,529
foreign exchange fluctuations.-—.: .. 255,228
contingencies—————————
2,151,004
cents.—V. 157,
75
Subs.)—Earnings-
Seiberling Rubber Co. (&
' '1943
Dividend—
Hhe Chicago book, reflecting
is announced.
save
Years Ended Oct. 31—
dividend on the ordi¬
A distribution of 12 lA> </o
1366.
■///."'"
1943 were as follows:
2456.
Distributions during
1,145,645
after one year
value,
par
no
$1.25
of
dividend
A
stock,
to
company
last
15,
10
Ltd.—Omits Dividend—
Rike-Kumler Co.—To Pay $1.25
740,305
10,887,513
Advance on. U. S. Government contracts—--' 6-335,735
Dividends payable -—j.643,8o5
due
was
now
number'" of items carried and a desire by
newsprint, is nearly half a pound lighter than
year's and has 1062 pages against 1232 a year ago.—V. 158,#. 219.
the
voted to take no action on a
recently
shares for the year ended Sept. 30, 1943.
paid for the preceding year.—V. 157, p.
copies of tho company's 1944 Spring and
being mailed out as. rapidly as freight car
7,000,000
are
space becomes available, it
a
continued shrinkage in
Distributions last year were as. follows:
Feb. 15, May
15, 35 cents each, and, Dec. 27, a year-end of
2475.
;■ ./.%
"• V./
'" "•/
Catalog Ready—
Sears, Roebuck & Co.—New
:
'/,,//■
•
of 5%
($100 par) and 850,000 shares of common stock (no
figured at $100 a share for purposes of capitalization..
159, p. 114.
stock
but
Approximately
Summer catalog
HAfter deduction of reserve.-
been declared on the
B stocks, payable Feb. 15 to holders of record
and common
was
nary
1,260,646
2,133,043
1,525,615
801,617
——
taxes,
Liabilities
—v.
of 35 cents per share has
Rhodesian Selection Trust,
It
—,/
_v—
Trade accounts payable
—
Commissions, salaries and wages
Reserve
.1
par),
55,331,442
16 and Nov.
cents.—V.. 158,. p.
Aug.
$74,201,283 $64,573,562
—u
Accrued
...
,
' ■/■
Liabilities—.
.
common
Jan/25.
The
"Net
Total
Bank
944,928
patents, 1 etc,-..,-/-—
.Goodwill,
Dividend—
interim dividend
An
charges of $6,321,000 annually before dividends.
remainder of the capitalization consists of $15,000,000
with
annual-
-
$96,870,000,
contingent debt provided by the plan is
fixed and
preferred
231,129,804 217,214,950
—
charges of $1,746,000.
Total
12,000,000
10,000,000
90,000,000
58,894,183
—
depreciation and obsolescence.
35-Cent
9,389,593
1,578,452
1,674,100
8,489,305
1,322,973.
-
----
—
buildings, machinery
19,986,032
4,202,716
1,101,401
—
.
"After
2,588,270
19,064,964.
4,769,598
—
profits—:
Total
..
govt, facilities
——-—h.——
Rpntal machines and
(Land,
Undivided
—
Reimbursable expenditures under
Other
17,882,342
taxes,
fixed-interest debt having total
$44,370,000 would be
which
fixed
2,918,367
18,750,000
2,000,000
26,215,141.
etc.—h———-'—,——
Serial notes payable beyond one year__
10,000,000'
Common stock (par $10)—,liT——10,000,000
New class B common stock (par $10)
——90,000,000
Accrued
$8,387,777
1,100,320
$9,145,744
2,050,000
15,323,482
—
payable current year—----—
notes
Serial
1942
1943
c
payable-—,-
Notes
Sheet, Sept. 30
Consolidated Balance
payable-.-,:—
Accounts
of
'
.
3,067,245
37,500,000
1 2,000,000
19,668,376
Liabilities—
$521,633 for the six months
months ended Sept. 30, 1942.
Monday, January 24, 1944
l
CHRONICLE
COMMERCIAL & FINANCIAL
THE
386
a
share, when realized gains from
These figures represent
only the earn-'
parent company, says President Henderson, and do not
include unrealized gains or undistributed -earnings of subsidiaries which
in
many
instances are substantial but which are being ■ principally,
applied to amortization,of mortgage obligations of the subsidiaries.
■Valuing the real estate properties at prices which the directorsbelieve could
be currently
realized upon a sale, the indicated asset
value of the company's stock as of Oct. 31, last, was approximately'
$24.01 per share.
If the real estate properties were taken at their
book cost, the indicated asset value would have been $14.55 on Oct.
31, 1943, as compared with $11.29 a year earlier,
r
ings
of
the
Go.—Earnings-
Sierra Pacific Power
1943—Month—1942
Period Ended Dec. 31—
Operating
"Gross
Net
revenues
$221,389
$201,777
58,149
48,510
____
76,690
64,999
income
income
"After
retirement
reserve
accruals.-
1943—12 Mos,—1942
$2,520,990
,
660,103
557,991
$2,573,164
665,295
562,601"
......
35-Cent Dividend—
A
dividend of 35
been declared on the common
1 to holders of record Jan. 20.
Distribu-
cents per share has
stock, par $15, payable Feb.
Volume
159
Number
tions durihg 1943
were
each; and Nov, 1,
1
year-end of 35 cen^s.—V.: 159,
a
Sinclair Refining
negotiable notes will be retired
Feb. 1, May 1 and Aug. 2, 30 cents
follows:
as
THE COMMERCIAL & FINANCIAL CHRONICLE
4249
consist of
p. 114.
Smith
stock,
no
value,
par
during the year 1943 were as follows: Feb. 1 and May
each; Aug. 2, 75 .cents; and Oct. 28, $1.50.—-V. 158; p. 295,
25 cents
1...
■
i•
'
'
■
•
dividend
stock,
I
'
45
'1
9,013,033 111,094,760
32,631
290,804
10,509,619.
f 6,930,195
93,234,596
60,987,241
18,241,9 24.
...
Operating
2,302,784
8,980,402 110,803,956
5,757,961
71,349,355
1,890,904
24,472,871
income——
1,276,640
1,331,537
U'-1.
1,069,311
988,629
revenues
—
expenses
Operating taxes
Net
Net
oper.
income
—V.
159,.
...
with
Southern Canada Tower Co., Ltd.—Earnings$261,184
$787,360
Oper. and maintenance-
89,942
78,291
271,239
a
14,994
66,186
168,930
220,717
———
118,700
Surplus
116,177
356,910
$530
*$9,779
-V.
^Deficit.'
$6,lip
159, p. 114.
and
"Operating revenues$2,477,296
Uncollectible oper. rev...
9,000
the
on
of
15,
159,
caused
the
of
the
stock of the
Stoker
directors
26,000
stock,
Feb.
This
2367.
p.
stock,
19
declared
$5,
par
Payments last
year
Operating
——!
Stewart-Warner
Natural
The
Gas
VT
000.000
The
Net
revenues—
$702,538
$707,159
$9,063,815
382,948
380,329
5,312,552
4,094,630
it is
1944,
of
I
25
cents
"
'
Bank..&
Net
income
—V.
158,
$319,590
«
$326,830
$3,751,263
214,504
2,508,917
2,428,716
—
Northern
and
Manufacturers
Bank
2621.
p.
Bank
National
$3,601,472
205,379
income-
oper.
of
It
the
New
Trust
Southern
it'
Railway—Earnings-
same
National
understood
Week Ended Jan. 7—
.Gross
159,
1944
1943
$5,631,277
$5,379,873
'
earnings.
—V.
„
Period Ended Nov. 30—
Operating
1943—Month—1942
$2,008,793
$1,689,708
600
6,600
6,600
$167,870
$2,002,193
$1,683,108
and
100,064
1,177,065
1,079.973
and
21,447
492,982
236,684
Operating revenues
$200,178
Operating expenses—116,368
Operating taxes
45,439
Net
Net
income—
oper.
$38,371
income
—V.
24,605
158, P, 2621.
V:.::
•
;
v
$332,146
Co.
with
of
213,385
;
to
the
of
Chicago:
of
New
Bank
of
Detroit
and
'
the
commitment
new
the
the
of
earlier
Operating
1943—3 Mos.—1942
—————
$2,742,144
Operating revenue deductions——
1,642,687
Net
revenues
operating
Other
1943
$2,330,711 $10,503,470
1,457,875
6,464,245
$1,099,456
$872,836
and
income
20,869
190,820
—
$1,104,067
$902,705
in
Natural
National
i
income
divs.
:
592,850
328,104
1,643,320
'
i
6Va%
on
$511,236
$574,601
Net
fibers;
of
of
Sulphur
supplant a
negotiated with the
158, p.
97,391
385,688
$415,081
_
$477,209
*
The
SEC
purchase*
will
hold
from
Total
Kansas
appertaining
certain
such
to
adjustments.—V.
properties,
159,
48.
p.
for
y/.yi.'";
directors have declared
stock,
common
Feb.
11.
June
$62,500
cash,
no
value,
par
dividend of 10 cents per
a
subject
The directors
Feb.
payable
Feb.
no
Cash
19.
March
have declared
stock,
common
holders
to
21
After
10
and
last.—v.
10,
of
%
a
made
during
■'
of
.$88,500
•
ment
for
of
on
Jan.
was
appointed
stock
common
of-outstanding
such
authorized
8
purposes.
on
advanced
of
ment
pay
Of
on
the
facilities,
June 30,
capital.
The
of
stock
by
1943,
remainder,
improvement
be
to
delivered
at
satisfaction of
in
exceeding
in
pay-
advances
used
par
Nov,
25,
payment
a
$677
facilities
of
a
like' amount
-
of
and
65
Upon
shares at
the
issue
for like
note
be
will
amount due on Dec. 31, 1942.
applied to the construction and the
$10,754
and
to
provide
additional
working
,
such
and
5,040,256
20,304,102
990,956
1,248,973
5,962,006
1,224,754
'
4,779,615 '
1
2,769,857
(nine
times
delivery
20,289,852
2,877,899
7,018,253
,
4,626,795
12,196,513
12,634,536
$2,319,907
net--.
15,012
$1,923,624 $11,987,838 $11,534,682
12,011
365,360
376,632
$2,334,919
$1,935,635 $12,353,198 $11,911,314
1,047,195
897,154
3,796,635
3,912,817
$1,038,481
$8,556,563
$7,998,497
applicable
to
38,330
31,611
167,321
209,002
$1,249,394
$1,006,870
$8,389,242
$7,789,495
,
surplus
Note—A
undeclared
of
summary
corporation follows:
arrearages
:%
and
State
income
cumulative
dividends
$4.02
excess
$5.42
profits taxes and
con¬
'
;
Sept.
dealers
$25.70 $11,564,173
share
30
5,285,408
$13.95
$6,278,765
—v.
months
a
—
ended Sept,
taxes
$71,732,803
'
Account
(United Gas Corp.
Only)
1943—12 Mos.—1942
1943—3 Mos.—1942
$1,749,447
deducts.
revenue
$81.08
30, 1943, based on number of shares
of period.
Income
Oper.
of
as
Period Ended Sept. 30—
.
cents
divs.
Natural gas revenues—_
the 113,276 shares
on
1;
was
$81.08 $71,732,803
11.75
1943——
30,
*For the 12
'
Corp.—Secondary
to
Total
$74.08 $65,540,043
7.00
6,192,760
declared.
Undeclared cumul.
capital stock.
Discount
PerSh.
$8,415,419
3,148,754
$18,70
7.00
requirements
outstanding at end
a
Total
of
as
;—
dividends
preferred
$72nd Preferred
$7 Preferred
——
dividend
Total
Less
divs.
on
'
x
■■
$613,610
$4.32
and
1942'—
1,
*Annual
1942
1941
$21,182,741 $10,472,457 $10,208,851
1943
—
cumul.
Undeclared
Oct.
$455,094
■
-
PerSh.
on
1,407,568
C-—a——
$1,676,415 $11,124,452 $10,752,850
1,399,611
7,525,981
7,501,655
791,149
17,197
4,467
770,366
—
191,939
177,427
767,246
740,232
Prop, retirement reserve
101,200
101,200
650,000
653,600
$31,543
*$6,290
1,820,656
$1,410,859
$1,066,214
taxes
natural
Net
gas
income,
Gross
1943
tolls
$467,684
$663,573
58,934
:___
and
revs.
net
'
2,012,086
—
income-—-—
$2,043,629
other deduct.
&
10,001,604
9,324,230
$1,814,366 $11,412,463
$10,390,444
942,813
941,436
3,805,955
3,822,725
$1,100,816
;
66,047
32,075
%
for
from
Net
other
profit
Previous
34,725
59,050
income tax
accrued
63,350
21,203
70,512
-
of
capital
assets
Cr26
;
$872,930
$7,606,508
$6,567,719
*Loss.
Balance
$68,419
344,593
$121,067
$413,011
$456,983
——i——
335,916
Sheet, Sept. 30,
1943
Assets—Plant, property and equipment (including intangibles), ledger
value, $28,979,685; investment (ledger value) subsidiaries, $218,298,180;
other investments,
$2,598,550; miscellaneous special funds, $3,391; cash
banks, on demand, $6,393,408; special deposits, $13,346; working
funds, $44,715; temporary cash investments, U. S. Government obliga¬
tions, $1,245,000; notes receivable, $1,275; accounts receivable, $863,524;
in
materials
and
supplies, $272,630; prepayments, $119,257; other current
assets, $13,425,. cost of proposed financing and related
$327,489; unamortized leasehold improvements, $116,049;
other deferred debits, $30,604; total, $259,320,529.
and
—u,_
—
surplus
154,779
30.000
contingencies^
sale
75,430
,
20,900
expenses
and
Loss
91,750
91,748
•
general expenses
;
—
income
71,297
maintenance
and
Net
1942
■
accrued
proceedings,
Liabilities—$7
Total
surplus
Dividends—
A
40,230
30,000
taxes accrued,
$335,383
1,397,237
$344,593
2,046,537
,
41,490
stock-
stock
42,160
24,138
preferred
stock__—_
Common
$7
2nd
stock
;
cumulative
preferred Stock (449,822 no par shares), $44,982,200;
preferred stock (884,680 no par shares!, $88,468,000; common
($1 par), $7,818,959;. long-term debt, $33,435,000; note payable
(Electric Bond & Share Co., without collateral), due on demand, $25,925,000; accounts payable, $2,312,151; customers' deposits, $813,199;
12,000
____1,i.—
accrued
'
Surplus,
Number
———A
Dec.: 31
of
vehicles
:
—
$39,359;
reserves, $4,901,099;
for
V" The
net
stock and
profit for 1943
is
$0,116 per share on
profit of $1,404 per share on
equal to $0.75 per share on the class A
the common stock, and compares with a
the combined class A and common stock
$1,864,034; interest accrued, $491,655; other current and
(including $13,345 for which cash is. in special
liabilities
deposits),
inventory
tions
in
aid
deferred
reserve
adjustment,
credits,- $39,011;
property
retirement
for uncollectible accounts, $61,698; reserve
$28,048;
other reserves, $15,789; contribu¬
construction, $174,868; capital surplus,
$18,932,640;
$29,017,818; total, $259,320,529.—V. 158, p. 2623.
of
earned, surplus,
for
in
as
the
of
notes
the
mature
$50,500
of
or
are
stock,
earlier
all
the
1942.—V,
158,
2087.
p.
United
cash
number), aggregating $50,500, are
held by the Schiavone-Bonomo1 Corp.,
and certain directors of that
corporation have indicated their willingness to advance to the applicant
the funds necessary to pay these notes as they mature, to wit, $4,500
on
Dec. 31 in each year from 1943 to 1946 and $6,500 on Dec, 31 in
each year from 1947 to 1951, and to take in payment of such advances
the capital stock, at par, which will be issued in lots of 45-shares
notes
3,427,292
——$1,287,724
stocks of
Other
Title Guarantee & Trust Co., N.
him.
,'
remaining
12,981,379
2,549,713
.
in
Of these funds, $4,444 was expended
to locomotive, $17,623 for construction, improve-1
and additions and betterments; $4,500 was used to
for,, improvements
1943—12 Mos.—1942
revenues.
income,
Balance,
■
share.—
5%
not
cents
702,737
minority interests——
quarter ended Sept. 30, 1943, company reported a net profit
after charges and provision of $1,475,425 for income and
share.
Other
the Vice-President
issue
dividend
all
out
profits taxes, etc.,, equal to $1,19
Interest
'.
j'.
to
wipe
Taxes
158, p. 2476,
company
75
amounted
$8,373,239 $42,168,588 $39,695,447
1,123,930
oper.
Portion
account of
....
Reserve
to
of
1, 1944,
10,511,773
4,882,908
-
197.-
p.
share—
common
Administration
record
■'<'
1941, in Illinois and operates
"
to issue and deliver to Joseph J. Biunno, Pres¬
Company proposes
ident, $38,000 of the
quarterly
3,239,530
—.
Gross income
Net interest to public &
other deductions —A
cumulative
will
158,
Depreciation
the
■
Assistant
$100.1,
(par
Company was incorporated
wholly within that State.
heretofore
the
indebtedness or
•.
$1.25
distributions
Federal
Operation
Springfield & Southwestern RR.—Stock Authorized—
ICC
carries
declared on
V $488,882
Federal
.•%;'
manufacturing, L. F.__Malkovsky.—V.
The
share has been
_
per
the
Class
.
which
Net int.
B.
planning engineer,
a
Tacony-Palmyra Bridge Co.—Earnings—
Wilson, director of budgets and statistics of the Sperry
Gyroscope Co., Inc., has been promoted to Assistant Treasurer, accord¬
ing to R. E, Gillmor, President.
R. N. Bayless, budget assistant, was:
made director of budgets and statistics.
Frank F. Gilmore, organiza¬
tion
the
Years Ended Dec. 31—
!
*
stock,
A
record
follows:
as
Sperry Corp.—Officials Promoted—
John
was
$12,087,558 $12,315,506 $55,230,074 $56,104,118
depletion reserve
V. 158, p. 2367.
V.":'
10 to
1943
were
on
no
retirement and
Property
Other
a
.share
stock,
per
608,414
revenues-
taxes
Federal
to
cents each, and Sept. 1Q and Dec. 10,
20% stock dividend was paid on Dec, 28,
40
In addition
159, p. 49.
payment
1943—3 Mos.—1942
expenses^-
oper.
Offering—Blyth
& Co,, Inc., on Jan. 11 completed distribution of an of¬
fering of 6,000 shares of common stock (par $1) at $6.25
the
on
share
holders of
March
payable
distribution
June
50 cents each;
class
capital stock.—V. 158, p. 1180. •'%.
15 cents, and
dividend of 45 cents per
a
value,
par
cents per
Ended Sept 30—
Income
.
93%
Symington-Gould
Spencer Kellogg & Sons, Inc.—45-Cent Cash Dividend
;
$1.25
preference
.
share
Payments last year were as follows:
Feb. 20,
and Oct. 20, 10 cents each.—V. 158, p. 1384.
30
new
profit
excess
;1
Sparks-Withington Co.—10-Cent Distribution—
The
cumulative
2,595,443
Other taxes
$134,410,
of
discontinued,
been
v':
sales,—
For
•of
company,- that portion of its electric and water properties which are
located
in
Morton
County, Kan., together with
current
and
other
•assets
has
dividend cf
a
$3
$8,883,696
revenues
oper.
Federal
Tanner, Charlotte, N. C., is President
corporation.
("American Wool and Cotton Re¬
tOn 113,276 shares of
$2,201,037
hearing Jan.' 24 on company's proposal to
City Power and Light Co., a non-affiliated
a
the
of
tingencies.
Hearing Jan. 24 by SEC—
the
1944,
1,
(& Subs.)—Earnings—
revenues
Total
2197.
Kenneth
the
on
current
*Net
$2,586,725
96,135
pfd.—
cum.
Balance
:
Feb.
and ims become a major
:
effect
Net
shares
40
preferred stock.—V.
tEarnings
Net
the
on
previous
revenues-,.
gas
oil
Crude
Superior Steel Corp.—Earnings—
$4,230,045
—_
—
deductions —
Accrued
to
division
declared
19
United Gas Corp.
Other
dividend
9 Mos.
Gross
prior
p.
Arrearages as at Jan.
share.™V. 158, p. 1577.
$5 per
full
natural
The
the
$4,039,225
4,610
revenues——
income
Income
by mail
115.
by lot of 6,000 shares
company
on
April I.
of the shares to
Holders
.
Period Ended Nov. 30—
Preferred
of
14 to holders of record Feb. 2,
This compares
paid on Feb, 9, last year, and $3 per share on
Period Ended Sept. 30—
the
preferred
stock,
no
par
value, in addition to a regular quarterly-dividend of 31% cents pershare on the same issue, both payable Feb. 15, to holders of record
Feb. 5.
Payments last year were as follows:
Feb. 15, May 15 and
Aug. 16, 62% cents each; and Nov. 15, 93% cents.
•: ?:
12 Months
Jan,
on
accumulations
per
15,
and 40 shares of the new non-voting class B stock.
specializes in the production of fine fabrics woven from
other synthetic yarns, aS well as from mixtures of these
Treasurer
A
(& Subs.)—Earnings
the
share.
Airport
United
Chase
City;
Indiana
'
;
will
V
the
York
power,
accumulations
Southwestern Public Service Co.
159,
call
of
stock
per
share on Jan. 28, 1941.
per
Struthers-Wells-Titusville Corp.—Pays Accrued Divs.
.
$110
notified
be
added.—V.
share
1942.
The
$1
June
$30,-
a
heads
all
porter," )—v. 116, p. 347.
$366,451
180,934
..
will
directors
Balance
32,584
.
Portion
the
authorized
17
of
when
1940,
*
company
rayon
$46,359
•
.
% v..-;.
voting
The
Call
8,
par value/payable Feb.
'
Co.
type which was
of banks and subsequently repaid.—V.
exchanged for
$168,470
600
rev._
oper.
1943—11 Mos.—1942
$200,778
revenues
Uncollectible
Nov.
'
last
4,
*
preferred
price
corporation's
The
capital stock of the company is to be increased to $1,862,800 by
the creation of two new classes of stock; A and B, each of which will
-have a par value of $5.
The present $100 par value stock will be
Co.-<Earnings—
Jan.
on
call
the
account
The
Southwestern Associated Telephone
since
record
of
Feb.
on
United Corp. (Del.)—$1.25 Accrued Dividend—
1,
Stone-Cutter Mills, Spindale, N.C.—To increase Capital
219.
p.
loan
group
for
Co.,
Indianapolis.
is
made
559.
the
share on
per
holders
department of its Pratt & Whitney division.—V, 158, p. 2368.
158, p. 2476.
Trust
York
'
$15,000,000
p.
to
United Aircraft Corp.—Changes in Divisions—
record
June
;
•
Trust
'
Net
157,
effective Jan. 1, it was announced on Jan. 11,
Institutions setting up the credit.
Other par¬
the First National Bank, City National Bank, Harris
the
and
Co.
National
payment
cents
7
share paid
share
of
and
1
corporation
'
Feb.
cents pei
Corp.—To
7%, cumulative
at
payable
50
Redemption—
announcement
per
holders
to
March
this
estate
banking
of
ticipants include
Trust
by
first
Rayon
redeemed
be
Corp.—$30,000,000 "V-T" Loan—
announced.
Continentals-Illinois
syndicate
$7,696,102
taxes——
oper.
Operating
loan,
real
$228,735.
dividend of 75
a
value,
with
disbursed.—V.
directors
the
of
The
follows:
have been completed
Arrangements
$2,253,520 $26,901,059 $23,679,827
1,546,361
17,837.244 - 15,983,725
$2,468,296
1,765,758
revenues
expenses
declared
par
the
was
Tuhize
'
Operating
no
compares
was
Stock for
.
dividend
a
as
which
cents
75
by distribution to Standard
payable March
were
of
consolidated company
new
•
1.
year,
.
Co., Inc.—To Pay 25-Cent Dividend
Jan.
on
common
16.
158,
in¬
en
Trunz, Inc.—To Fay 75-Cent Dividend—
The directors have
new
all the
last month
chavges in the company's condition state¬
• He
indicated all known litigation of this
up.—V, 158, p. 2623.
cleared
y
Consolidated
Appeals
from these transactions, together with
the realization of the assets thereby acquired are
operating
has,been
new
bommon
Gas
Oil received
net
as
value
ment," Mr. McAneny *said.'
kind
The
formation
the
of
accounting proceeding, Mr. McAneny
and settlements of other claims
an
decision
directly
114.
p.
this
realizable
resulting
included
15,
<N. J.)—Sells Gas Stock—
Ohio
estimated
an
15.
company all the stock of its gas utility
Co., Hope Natural Gas Co.,
Peoples
and River Gas Co., as well as the stock of a non-
East
with
Court
the
of
trustee in
.losses anticipated in
capital
Feb.
cents;
$60,000.
decision
compliance
"Losses
June
record
40
cents each, and Sept. 1 and Dec. 1, 50 cents each.-r-V.
.25
$2,257,020 $26,943,059 $23,705,827
42,000
Oil
transferred to
the
on
Feb.
1943—11 Mos.—1942
3,500
declared
holders
March
.
about
the
the company received mortgages,, mortgage certificates and
a hearing Jan. 21 on an
application by the company
declaring it had ceased to be a holding company.
the provisions of the Public Utility Holding Company Act,
Standard
The
1943—Month—1942
to
15
follows:
properties.
shareholders.—V.
Oil
Southern New England Telephone Co.—Earnings—
Period Ended Nov. 30—
March
as
and disposed of the Consolidated Gas stock
351,281
*$13,582
expanded
during the year, exclusive of those arising from the company's title
insurance business, required expenditures of $578,726 in cash or by
credit to deposit accounts.
In consideration for part of this amount
held
order
escape
Standard
Interest, depreciation &
—
the
Natural Gas Co.,
utility pipe line company, New York State Natural Gas Corp.
'
dividends
share has been
per
payable
were
Holding Company, Company States—
an
Co',
230,347
'Taxes
in
remaining
gas
'subsidiaries,.
$808,460
_
companies
week ended Jan.
stock, it is understood, was placed
small group of investors through Morgan
Stanley & Co.
'
Standard
1943—3 Mos.—1942
1943—Month—1942
$210,054
earnings
its
The SEC
for
Period Ended Dec. 31-^-
operating
with
has disposed of 25,618 shares of Consolidated Natural
after the completion of the plan to divest
stock
Not
'
Gross
compared
Sept. 15, 50 cents, and Dec. 15, 65 cents.—V.
cf
To
■
utility
system for the
as
cents
year
company
itself
48.
p,
50
value,
last
Co.
Gas
14,005,431
10,545,204
14,981,730
11,401,317
kwh.,
Standard Oil Co.
The
Operating
>
of
par
no
cents;
93,558,751
324,155
rev._
public
Gas & Electric Co.
207,273,000
Payments
1943—11 Mos.—1942
^
oper.
the
said
Standard Oil Co. of California—50-Cent Dividend—
.
;
10,532,995
23,376
Operating revenues
Uncollectible
of
Co.—Weekly Output-—
of
1,
Telegraph Co.—Earnings—
1943—Month—1942
Period Ended Nov. 30—
ments
vestments made as a
15, 1944,
177,279,000 kwh. for the
corresponding week last year, an increase of 16.9%.—V. 159, p. 220.
totaled
A
Southern Bell Telephone &
'
output
Standard
share has been declared on the common
payable Feb. 1 to holders of record Jan. 21,/
cents per
Distributions
larger gross earnings of the trust, transfer and mortgage servicing
departments, but a slight decline in the gross inebme of the banking
department, the latter attributed entirely to a lower average of loan
balances outstanding last year.
Income from stock and bond invest-.*
Discussing
Standard Gas & Electric
Dividend
Agricultural Chemical Co.-i-25-Cent
dividend' of-25
will
See
Electric
A
capitalization
1519.
Standard Equities Corp.—Name Changed—
Sherdton Corp. above,—V. 157, p. 1566.
!'"•••
Co.—New Vice-President—
James E. Dyer has been appointed to succeed the late J. W. Carnes
as
Vice-President in charge of sales.
Mr. Dyer has been with the
Sinclair Co. from its formation in 1916.—V. 156, p. 1421.
,
its outstanding
and
$93,500 of capital stock,—V. 155, p.
387
paid.
non-
The
Y.—Stock Reduced—
approved
the reduction of the capital stock of the company from $6,000,000 to
$3,000,000, a decrease in the par value of its 500,000 shares from $12
to $6 per share, and the transfer to surplus and retention for com¬
pany
use
of the $3,000,000 released.
As a result, surplus will be
increased from $479,029 as of Dec. 31,
1943, to $1,979,029, and the
reserve for contingencies from $564,248 to $2,064,248.
The
an
stockholders
at
the
annual
meeting
held
on
Jan.
19
operating profit in 1943 amounted to $25,4.23, as compared with
operating loss
of
$83 558
in
1942.
attributed the improvement in earnings
primarily to the effect of the increased activity in the real estate
market on the company's title insurance income, which increased from
$1,434,149 in 1942 to $1,695,026 for 1943.
The number of applications
received last year were 21%
greater than in 1942, and the gross fees
and premiums thereon were 23% larger.
Mr. McAneny also reported
States
Printing
&
Lithograph
Co.—Plan Ap¬
proved—
The
dends
stockholders
on
the
exchange of
cumulative
6%
one
.
Jan.
14
approved
cumulative
preferred
on
share of present
preferred
a
plan
stock.
preferred for
to
refund
The
1%
back
plan
shares
of
divi¬
calls
for
new
5%
stock,
with dividend accruing from Jan. 1, 1944,
and a sinking fund
provision to retire that' issue over a period of
years.
In giving effect to this plan, earned surplus of the corpora¬
tion will be reduced by approximately $1,217,750 and the
par
value
of
the
V.
158,
outstanding preferred stock will be correspondingly increased.—
p.
2198.
George McAneny, Chairman,
United States Rubber
Co.—To Increase Output—
Because of
of
tires
tion
for
increased military requirements and the serious shortage
civilian transportation, the company is expanding produc¬
facilities
of
four
major tire plants, Herbert E, Smith, President,
,
at Chicopee
These plants are located
Claire, Wis.; Detroit, and Los Angeles.
"More than $25,000,000 will be spent by
Jan. 18.
stated on
North
is
program
principal sales office is located In New York City.
It
a
sales office in Philadelphia, and a wholly-owned
sales offices in Chicago and San Francisco. Approxi¬
mately 76% of the company's total tonnage sales of white paper during
the fiscal year ended Oct. 31, 1943, was made direct to publishers of
magazines, trade and religious publications, house organs, educational
texts and
books, to printers of posters, labels and circulars, to the
U, S. Government, and to manufacturers and converters, while approximately 24%; of such total tonnage sales was made, largely under the
company's 'own brand names,
tp paper merchants who resell to
.printers,' stationers and others.
The kraft paper is sold principally
east
of
the
Mississippi through the company's sales offices, both
directly to converters and to paper' merchants for resale.
Kraft liner
board,
used principally in the mtwmfacture of containers,
is sold
directly to fabricators through the. New York sales office.
in the ordinary conduct of the company's business, sales are made
both
under
contract
and
without
contract,
sales under contract
that
of
.
ordnance plant from the making of ammunition to
tire
production.
Previously known as the company s Gillette tire
plant, it was taken over by the Government at the time of conversion
the
Claire
Eau
,
for the
elected
the most
will be
with the rubber company continuing to operate Tt
on a contract basis.
Additional; buildings will be
equipment installed throughout to make it one of
tire-building plants in the. country.
Large-sized tires
ordnance,
to
Government
and
new
modern
first is expected to be
in the latter half
'
produced in this plant for,, the duration.
The
produced by late' spring.
Capacity will, be reached
1944
v '
' '
< ,"•* '•
*'v h' •'
r' y
!/ t ' v, • ' ■..
• ';
"At tile Chicopee Falls plant we are adding several buildings.
this work is completed this plant will be the largest producer
tires east of the Alleghahies, and its total tire-building
Virtually double that of pre-war time.
Present, plans
,
of
When
0/ truck
capacity will
call for completion of construction by late spring and capacity production in tne
second half of the year.
Fairly substantial quantities of passenger
tires will also be produced here, in line with war-time production
'
Universal Cooler
Corp.—Earnings-
'
1943
Ended Dec. 31—
Quarter
•
,
Federal
taxes
1942
$4,512,170
,
profit.
Net
$1,552,635
663,915
151,404
110,000
524,000
wA-;—1
$41,404
profit
per share on class A & B
Balance,
Earnings
*On class B shares,—-V.
Utah-Idaho Sugar
The directors
common
.similar
and
on
158, p. 1078.
,
•
payable Feb. 25 to holders of record Feb.
distribution was made on Feb. 25, last year, on Feb. 16,
Feb. 28, 1941.—-V. 157, p; 559.
-
Capitalization
and
Oct.
of
A''A;'■'//;!
/Aa,;;:,«A
35,166,697
/A-
1943,
31,
the company
due 1954, in the
Of these bonds those in
$4,618,000.
stock
Common
———v.
of
excess
$15
directors by
.
1942
Pulp & Paper
fered—An Underwriting group
Among
principal underwriters associated with Harriman
Bipley & Co., Inc., in the offering are: Blyth & Co., Inc.;
the
Co.; Alex. Brown & Sons; The First
Goldman, Sachs & Co.; Lehman
& Co., and White, Weld & Co.
Redeemable, otherwise than by the annaul retirement fund, at the
company,
at $110 per share on or before Jan. 1, 1954, and at $105
per share thereafter, in each case plus accrued dividends.
Redeemable
by the annual retirement fund on. any Feb. 15 (commencing in 1945),
at $107.50 per share in 1945, at $107 per share in 1946, at $106.50 per
share in 1947, at $106 per share in 1948, at $105.50 per share in 1949,
and at $105 per share thereafter, in each case plus accrued dividends..
The annual retirement fund shall be an amount (to the extent earned)
sufficient to redeem 2'/2%
of the total number of shares of this series
theretofore issued less shares surrendered
to the particular annual
retirement fund and, to the extent not earned for any particular year,
shall be cumulative.- Dividends payable quarterly on Feb. 15, May 15, ,
Aug. 15 and Nov. 15 of each year.
Transfer agent, Irving Trust Co.,
New York.
Registrar, City Bank Farmers Trust Co., New York,;,.
1941
7,720,719
1940—A
5,044,352
1939—
1,900,370
Boston
Corporation;
1937———A
3,816,183
1936
2,299,191
1935
1,182,395
—
" 900,258
1934
*A*Including losses on securities sold
;
V/A
cumulative
tion
Feb.
on
Company will call for redemp¬
which are
shares of preferred stock
redeemed will be reissued.
•A;'a:v:'a/;;//'''/;/ a/', a -1
exchanged or
.
a
'a';: //. //A
names of the underwriters and the percentages of unexchanged
to be purchased by each of them, respectively, are'as follows:
/'
"'A'/a
The
:A;A
-■
,
which
are
produces for sales certain chemicals
In
by-products of its manufacturing operations.
Hornblower
Paine,
&
Co,_„_—.
Co._—
Co.—
—_A—.
3.21
3.21
White,
Weld
&
Drexel
Lee
Co
&
Hutton
E.
W.
Higginson
Lynch,
Corp
Pierce,
Merril
ner
&
Stone
&
Webster
Fen-
;
Blodget,
and
certificate of
the
of
per
15
share
to
$1.12V2
Feb.
on
holders
of
The
Trust
$1.50
to
One Wall St.,
Co.,
company
With
respect
V,
pany's
./v/a
•
159, p.
Western Union
Jan.
17
commercial
by
Folger
Mr.
of
Manager
last
Appointment. of
Assistant
was
Vice-President, Commercial
before "becoming Assistant
Walter W.
Semingsen, of East Orange, N. J.,
Vice-President of the company's commercial
by Wilson S. Fowler,
Vice-President.
announced
as
department
Richard R.
Interest
Misc.
72,999
71,181
10,522,000
918,937
§779,903
133,068
166,104
97,295
39,206
31,904
12,385
82,869
10,342
deductions^
and ex¬
Federal Income
for
time
war
4,408.772
2,239,593
3,010,901
—
Net profit
A
-1,265,399
'/——--'A
of Tenafly, N. J., Assistant Superintendent of Tariffs, will
Mr, Seminersen »s As^Nnt to the Vice-President on methods
organization.—V. 159, p. 259,
§873,115
,809,258
and for
post-war credit.
■ ,
$1,804,588 in 1943 and $3,684,229 in 1942 for depreciation,
for
normal
and
to $1,530,000
amounted
surtax
profits taxes $5,289,000 after a $61,000
excessive
(Includes
obsolescence.
amortization and
$ After credit of $335,000 lor
-
;
-
debt retirement for year 1943 and
post-war credit- (estimated) of $1,835,000.
/-..A '//
§Loss.
after
/.rA-
Consolidated Balance Sheets, Sept, 31)
'/
./
'; Assets—
; .'■■■> AAA'/. ■/"'/■A;-%///■
* ■" ,//v
1943 . ./ ' /■/ 1942- '•
Cash and demand deposits
$9,785,262 $1,275,472
Cash (restricted to expenditures on war contr.)
2,889,221
885,775
U. S. Government securities,—3,556,351
43,950
Accounts receivable'1' ——A—15,104,096
45,956,473
(Accounts and drafts receivable, trade----^—,
442,962
19,686
/■///■/
A,. A:'
.
//A-—A-!;/- AAA-AI-ZA
and
contingencies
other
*6.819,000
$20,015,000
profits taxes//—-/
cess
Prov,
A
Ai_.:A__,iA
v
other
§851,084
845,938
/
27,606,947
:
.
—
15,169,584
Inventories
Other
*
current
assets
7,647,799
'
—
7,573,760
Deferred charges -A.A—-j.-a--—i/_/A—'.-'a 755,636
IReal estate, etc., under lease to war industry
756,451
Post-war credit of excess profits tax, est.1,896,000 ;
Long-term note receivable (includ. interesti»„__
359,643
Sundry receivables and investment
41,751"
Deposit in Canadian bank
.
32,245
plant and equipment————w——
Property,
11,0^1,409
3,248,534
7,597,899
431,807
787,195'
61,000
ww—;
18,999
49,566
$66,010,761 $71,473,763
Liabilities—
\A-
■
p^tiOie/secured by mortgage on plant and
Nooo
equipment
payable,
Accrued
payroll,
trade
$7,982,783
9,894,284
3,503,256
2,400,211
23,616,121
:—i—
etc
taxes,
6,880,000
1,707,407
33,229
—„
Federal income
Provision for
$839,650
—
Accounts
taxes-'™x.„A^A—
3,647,852
deposits, sundry payables,
Customers
officers
——
:
———_
—
conv.
Capital
167,350
;
-
296~701
a'
1,955,760
2,184,258
9,444,932
2,097,488
9,085,418
1,271,300
§1,729,160
Dr64,975
Dr237,075
$10)/
a——
——
^_
—
for depreciation
reserve
—2,253,000
2,986,920
——„
(par $1)
—
*After
34,942,316
6,363,407
Operating surplus
—rr—
IJCost of preferred shares held in treasury——
Total
152,726
5,779,534
and policy adjustments-
preferred stock (par
cumul.
stock
surplus
29,826
.
Advances by U. S. and Canad. Govts, on contr.
Reserve for war time and other contingencies—
$66,010,761 $71,473,763
amounting to $2,795,646 in 1943 and
1943 and $6,792 ill 1942..
of $179,455 in 1943 and
1943 and on 38,500 shares in 1942,
' /
" A
$2,183,364 in 1942. tAfter reserve of $4,214 in
I After reserves for depreciation on revaluation
1,5,200 shares ill
^Deficit.—V. 158, p. 2519.
"
1942.
Corp.—Earnings—
Zonite Products
,
Subsidiaries)
.
;
Mos.r-1942
1943—9 Mos.—1942
profit-,
,,
§$129,718
*$.90,641
*$400,666
$190,666
(Earnings per com. sh.
$0.16. '
$0.11
$0.48
$0.23
(After air charges and Federal
taxes ($355,024 for 9 months In
1943 and $142,769 in 1942 for the same period).
'Including a $5,000
recovery of portion- of
the reserve for future advertising, and after
providing for depreciation and Federal income taxes.
JOn 825,656
shares of capital stock.
§Ineludes $11,000 for recovery of reserve for
future advertising and $27,215 recovery of reserve for possible addi¬
1943—3
Period End. Sept. 30—
(Net
.
tional taxes.
1c4j
Tne
pany
mat^nal
succeed
p.
588.
•
:
1
.
subject to renegotiation. However, the com¬
that the results of renegotiation will have any
the net after all taxes and reserves.—V. 158
"
earnings
does not
Selby,
and
•
14,577,437
349,974
439,785
(And Canadian
year.
,
10,172,026
27,167,163
a
as
Eastern Division, was announced
Vice-President in charge of the
Assistant to the First
New York for 10 years
was
at
Vice-President
21,781,445
109,273,626
167,755,815
Other income A;.
6%
Telegraph Co.—New Gen. Mgr.—
Carlisle Folger, Assistant Vice-President,
R.
of the company's
Wilson S. Fowler,
department.
Appointment
General
.
■'•- .• •
■•
sales„_,w—A.._
Common
Feb. 15, 1944, all of
dividends; the latter
made at the Trying
.
'■
••.
134,117,270
92,386,059 ' 19,115,499; 13,699,411
Adm.,1 sell., service and A'"A7V''• '■
.'""A1 •/ "■/1 vt//.,.
A
Parts expenses
(6,471,382
t6,715,541"
1,820.008
1,729,111
Of
$148,711 in
;/'
'
Reserve for guarantee
series, payable
/
1940
S '
,
A
•
Due
New York, N. Y.
"
259.
•;'■
•
sales
Cost
cumulative
of
the experience gained in this precision
to,the production of finer products after
,a.;-'A' A-v/A av A;,.-;
';'A
Income Account (Including Subsidiaries)
1943
1942
1941
Years Ended Sept. 30—
Net
....
Mr. Canaday noted that "it is
aviation experience on the com¬
effect of our
contribute
will
war."
the
/ 1■
•
■■
field,
aviation
the
certainly
but,
future,
manufacture
Stock Exchange has authorized the listing of 155.830
preferred stock, 4%7o
series (par $100).—
York
New
the
to
difficult to forecast
0.64
Cumulative Preferred Stock, 4V2% Series—
Listing of
The
shares
4J/2 %
aaAa.,,
thought and study to the future place of Willysthe transportation industry. •/'A.; •A'Aa-a"". //'/-a'//"
whl build its post-war future, he continued,/against
the unprecedented background created by its' military "Jeep," which
in the severe test of war has won a world-wide reputation of depend¬
The
0.64
0.64
7.06
Called for Redemption—
dur¬
Oyerland in
etc.'™
Liability for workmen's compensation claims—-
Preferred Shares—
has called for redemption as of
6% preferred stock at 105 ana
per
share.
Payment will be
company
outstanding
amount
ii—.
Co
Loeb & Co
the new preferred stock,
record Feb. 1.-
6%; Preferred Shares
its
Kuhn,
A'./-"-'/',;
incorporation.
0.96
declared -an initial quarterly dividend of
Jan.' 18
on
Whipple &
••..
that
giving considerable
A'
1,93
0.96
Kebbom McCormick & Co.—
Scott, Horner & Mason, Inc,
-/-v—3,21
Inc.
directors
The
Bacon,
A-,
Initial Dividend on New
&
and
Mr. Canaday pointed out that although the
first obligation > is /to continue its all-out effort to help
speed victory, "it is more logical now than it was a year ago to look
toward the day when we shall resume normal peacetime operations.'*
For this reason, he added, officials and directors of the company are
1.93
1,93
1,93
Jackson
Hayden, Miller & Co
G. H. Walker & Co.—
3.21
A" A
1
■
Weeks
1.93
The Wisconsin Co.—
1,93
Baker, Weeks & Harden!—1.28
3.21
Beane_^._
&
Webber,
Curtis A.._i.———
4.81
4.81
&
Barney
operates two small cylinder-.,
supply at each of the mills is adequate.
4.81
-
a-a;a-^.'/a
"
Discussing the outlook,
1.93
4,81
Sachs & Co.—
Goldman,
Smith,
Department,
of
Hemphill, Noves & Co
'/,
Lehman Brothers
mills, principally from purchased pulpwood. Small amounts of
purchased pulps and some waste papers are used in the manufacture
of certain grades of paper.
Power plants at each of the mills are of ample capacity for all of
the steam and power requirements.
The company considers that the
At-each of its mills the company
%
3.21
/ :;
AA.A
& Co., Inc. 14.65
Corp
Boston
on
water
/ /:/"/ ..aa/,/;/;>////•
Union Securities Corp
A. G. Becker & Co.,
.
Harris, Hall & CoA (Inc.)_„
Hayden, Stone & Co._
4.81
A:A
Harriman Ripley
First
;A' - /"■. :/^.A
A'.' Underwriters
■
Blyth & Co., Inc.^---/__„/ : &.41
Kidder, Peabody & Co.—5.13
Alex. Brown & Sons
4.81
year) of these machines is approximately 1,800 tons.
Pulps used in the manufacture of the company's paper and board
and for sale3 to others are produced almost entirely by the company's
some
the shares of preferred stock
for exchange, and, none of the
not deposited
■
outstanding
are
company's
^Provision
Jan. 14.
p. m., EWT, oh
15, 1944, any of
expired at 3
loans
no
fiscal year 66,400 shares of preferred stock were purchased
subsequent retirement at a cost of $660,276 under mandatory pro¬
vision
shares of
shares of
together with a cash dividend adjustment of 37 Va cents per
share, which adjustment together with the dividend receivable on the
cumulative preferred stock, 4V2%
series, will give the stockholders
who exercise the right to exchange a dividend for the quarter ending
Feb. 15, 1944, the date when unexchanged shares of preferred stock
will be redeemed, at the annual rate of 6%.. Such exchange offer was
made to holders of record of shares of preferred stock as of Jan. 7 and
-
pulp
to the holders of its outstanding 155,830
that
stated
report
the
for
; stock,
■
Covington plant the company also
The
ing
,/
il 1
.
/; v'/v,1:/•//-.■•
•.ernmenti contracts."
of cumulative
approximately 48,000 tons.
Company entered the liner board field in 1929.
It facilities at Cov¬
ington, Va,, have an estimated annual capacity (based on a 310-day
operating year) of approximately 43,000 tons of liner board and 31,000
tons of corrugating board.
Company increased its position in the liner
board field with the commencement of operation in 1937 of a mill at
Charleston, S. C.„ which has an estimated annual capacity (based on
a 310 day
operating year) of approximately 132,000 tons of kraft liner
its
"Earnings," the report said, "are subject to renegotiation under, the
Renegotiation Act which authorizes'the renegotiation of Gov-'
stock, the right to exchange such shares for
preferred stock, 4(4 '■/<■ series, on /the basis of one share
preferred stock, 4(4% series, for each share of preferred
preferred
.
At
821,683,
664,520
'
readjustment.
to meet the impact of post-war
■■•'.;"''/a/-A J /■''■
AAA a'
■
A
' * " a/aa-A;:,;;
a
for
Federal
Holders of Preferred Stock
Exchange Offer to
Company offered
.
type machines producing kraft fibre board and board specialties. The
estimated aggregate annual capacity (based on a 310 day operating
Purpose of Issue
y
728,400
145,000
32,911
653,869
2,862,012
278,795 " 1,904,834
126,614
55,000
in payments-, plant changes, abnor¬
excessive wear on -plant and equip¬
adjustments" the company set aside out of income a
for miscellaneous; contingencies and added $3,750,000
rehabilitation of plant and equipment to normal
peacetime operations. This reserve policy, the report said/was designed
of
purpose
,
board.
(net)/
Net
Income
$2,610,496
2,789,248
4,470,311
3,870,621
1,095,389
260,353
the Issue of the 155,830 shares' of cumulative pre¬
ferred stock, 4(4%
series, is^to effect the retirement by exchange or
redemption of the 155,830 shares of the company's preferred stock
presently .outstanding. '.•'
a- ■
■
A
/ A''-a/.:
•'
A-'/.."A;
The
stock
History and Business
j
Company, which is the outgrowth of a business established at West
Piedmont (now Luke), Md., by William Luke in 1888, was incorporated
on July 10.
1819, in Delaware.
Company owns and operates six highly
integrated mills engaged in the manufacture, of white papers, kraft
papers and liner boards, with collateral production of certain chemicals
and chemical by-products and other related products.
.
The aggregate annual capacity (based on a 310 day operating year)
of these mills for the production of papers and boards is over 500,000
tons per year.
".
A--./'A/
1
-a .'•
In the white paper field the company is one of the largest producers
in the United States.. Company's white paper 'line include magazine,
book,, writing, bond, lithograph, rotogravure, offset, envelope, tablet,
label, poster, ledger, index bristol, foil lining,, postcard, cardboard and
specialty papers.
■ A .
,
/ -''a/vA
'■' - v.\.
Company's white paper mills are located at Mechanicville/N. Y.;
Tyrone and Williamsburg, Pa.;. Luke, Md.; and Covington, Va., and,
Have an' estimated total annual capacity
(based on a 310 day oper¬
ating year) of approximately 248,000; tons, including raw stock for
the company's coating mill at Luke which has an estimated annual
capacity (based on a 310 day operating year), of approximately 21,700
tons.of coated paper.
a
.
■*'
.
AKraft papers are used principally as bag, wrapping, envelope, gum¬
ming and waterproofing paper.
Manufacture of kraft papers by the
company began in 1921 at Covington, Va., where present facilities have
an
estimated annual capacity (based on a 310 day operating year) of
793,096
1938—
Kidder, Peabody &
Brothers; Smith, Barney
Charges
$127,716
1,354,859
262,155
•
788,253
"369,222
76,109
A 483,888 A. 176,093
472,730
27,102
162,206
138,096
22,069
93.493
' A.
7,146
226,952
6,666
174,072 ;,; ;
'Bond Discty
$7,863,336
$225,124
8,535,207
326,100
Earnings
/against
protection
wage
reserves
;•
and Excess
Profits Tax
$4,900,000
4,065,000
2,200.000
times during
of 22
necessary
$658,772
of
its
Fed. Inc.
* Other
Int. &
-
and
,
ability for the Willys engine.
the
i
West Virginia
37 % cents a
premium
to redemption at such price (not involving a
per share) as may be determined by the
board of
resolutions authorizing such other series.
(Exclusive of 43,920 shares of common stock held in the treasury of
the company. A
A; -A.
A > /.-.•A A" AA,A\\A: A-.-//'" Ay/A "a:, - .-a a-; 'ft
A
4
Results of Operations, Years Ended Oct. SlA'A.
in
1943
Co.—Preferred Stock Of¬
headed by Harriman Rip¬
ley & Co., Inc., made a public offering Jan. 17 of the un¬
exchanged portion of an issue of 155,830 shares of cumu¬
lative preferred stock, 4%-% series (par $100); The public
offering consists of 25,200 shares, priced at $105 per
share, plus accrued dividends, the balance having been
exchanged for an equal number of outstanding 6%'Cu¬
mulative preferred shares on a share for share basis to¬
of 1% per annum)
such dividends (not in excess
be entitled to
and to
and to be subject
proper
requirements,
maintenance
total
to
-//"Under the certificate of incorporation, as amended, an aggregate
of 44,170 shares of the same or other series of cumulative preferred;
stock; (par $100), may be issued pursuant to authorization of the board
of directors, such other series to have respectively such designation,
4 A
1942,
establish
to'
order
•
ment, and
t902,432 shs.
1,500,000 shs.
*
as
sudden changes in schedules, delays
Trust
par)
(no
amount of $3,506,401. Current receivables, chiefly
-reduced from $49,224,692 as of Sept. 30, 1942, to
an
were
of Sept. 30, 1943. In addition to overall reduction In
accounts/payable, it likewise will be rioted, the report said, that cash
advances from the Government were reduced $29,162,782.
/,'/:.;•
Efficient financial control over the company's operations/ the report
mal
first, mortgage,
Irving
to
company
.
14.
amount
by the. company with the Irving Trust Co.,
dated as of Dec. 1, 1939, made by
Co., as trustee, and under which said
bonds-were issued.
Said mortgage was cancelled pursuant to the terms
thereof on Jan. 7, 1944, the date when such deposit was made by the-:
company with'the trustee.
Aa
--'A-:,/
aa'aA'/A. . t'v.a/''
The debt and capitalization of the company as of Oct. 31, 1943, and
•as
adjusted to reflect redemption of said first mortgage bonds, 3%
series due 1954, the retirement of the shares of preferred stock out¬
standing and the issuance of 155,830 share's of cumulative preferred
stock, 4Va% series is as follows: /AA/A/A
AAA'
. AA
A./ AAA
•aa//.a';Z;/;A ''' A A/ AaAa,A
y;Z.AAA
Authorized A Outstanding
Cumul. pfd. stock 4V2 %. series ($100 par)
*155,830 shs,
155,830 shs.
the
the
under
trustee
by
government^
"In
has been deposited
terest,
Increased
said, was Indicated by working capital turnover
the--year,;,./'A'"aA/a: ; :v-'//'■:„■ -••'/'/'.
,'•■,•/■••/
subsequently retired'and as of this date the aggregate
principal amount of sqch bonds outstanding is $4,383,000.
All of said
bonds will be called for redemption on Feb. 25,; 1944, and an amount
in cash sufficient to redeem all of said bonds, including accrued in¬
Manufacturing Co.—Reduces Dividend—
a dividend of 75 cents per share has been declared on the common
stock, par $20, payable Feb. 1 to holders of record Jan. 21.
Previously
the company paid 90 cents per share each quarter.—V. 159? p. 52.
w
gether with a cash dividend adjustment of
share.
The exchange offer expired on Jan.
Ay.';
had outstanding first mortgage
aggregate principal amount of
the aggregate principal
report
$23,194,857
of $235,000 were
West Point
aa
44,539,837 AA •> ) '
48,844,364 - A' '•■■■•
525,159
•538,143.
50,100,002 A/A •
(Giving Effect to Present Financing)
3% .series
bonds,
Co.—15-Cent Dividend—
dividend of 15 cents per share on the,,
have declared a
stock, par $5,
$28,473,713
1943~j._—AA.i A'AA.-—-——-A-A „'
Debt
' 1
*
/■ /'>/,
Gross Sales
511,557
As
*$0.05
50.34
shares--—
-
-
A;" A A A-
mean
-
1941
'
new
v
•
———
1940
"'.VA:
AAA' <: A
installing a
are
we
;
'
.
called attention to the greatly increased liquidity ,of the
especially as regards working capital,
The company's cash
position, it stated, increased from $2,161,246 as of Sept. 30, 1942, to
$12,674,483 as of Sept. 30, 1943.
U. S,. Government securities were
The
company,
439,549
1939-A-
V': A.
1
Tons
392,217
Years Ended Oct. 31
considerable amount of
tire-building equipment, and are enlarging facilities.for the greater
production of airplane tires.
Truck tires are also being produced in
Quantity
as well as a substantial number of passenger car tires.
In
addition to tires, Detroit is continuing to make a number of other
articles for the war effort.
'
.
A. ,'/
"A great deal of new equipment is also being installed at Los Angeles,;
and when capacity production is attained this plant will be able to
handle twice the rubber tonnage, as before.
This, does not necessarily
twice as many tires.
Los Angeles, like our other plants, will
stress the manufacture of heavy type tires especially for airplanes. ,/
"Besides the large-sized tires for military and essential civilian use.
this plant will turn out its share of passenger car tires to help meet
the goal set.by the rubber director's office for 1944. —V. 158, p. 2623.
piant
gross
post-war
its
previous year.
tonnage sales
for each of the five fiscal
dollar paper and board sales
years ended Oct. 31, 1939 to 1943: "
/■'
the
and
background of
build
,
ear
schechw^
tracts approximates
a
normally constituting a majority of total dollar sales.
The following table shows the total paper, and board
a.
•
$225,000,000, that the military "Jeep'-' has created
world-wide goodwill against which the company will
future, and that the working capital position has
been markedly strengthened,
A "As one of the large diversified arsenals of America," Mr. Canaday
said, "we have accepted some of the most difficult and intricate tasks
in
the armament
program without" benefit of design or production
precedent." As examples, he cited development of the intricate center
wing sections for the Navy, Corsair fighting planes and of landing
gears for the Grumman Wildcat which created
manufacturing prob¬
lems demanding the closest controls and planning.
The net income for 1943 of $3,010,901, compares with $1,265,399 in
the previous fiscal year ended Sept, 30, 1942,.
Net profit after cal¬
culation
of annual dividend/1 requirement for preferred shares, was
equal to $1.32 per common share compared with $0.53 per share the
has
subsidiary
tonnage, will be increased more than 30% above
of any previous time
in our history."
.
1 t
Mr, Smith summarized the company's expansion program by plants
as follows:
•
'
'
i
"A large part of the company's investment will be used to reconvert
tires, in point
net profit of $3,010,901, after all charges, for the year
ended Sept, 30, 1943, Ward M. Canaday, President, told stockholders
in the annual report that the company's backlog of Government con¬
Reporting
maintains
also
"When our expansion
1944 our production_ of
Report—
Willys-Overland Motors, Inc.—Annual
from its timber
logs,
saw
Company's
the company to increase
plants," said Mr. Smith.
completed in the latter part of
output'of theSe
the
for
Carolina the company sells stumpage
poles and piles.
and South
lands
Falls, Mass.;
Eau
1944
Monday, January 24,
COMMERCIAL & FINANCIAL CHRONICLE
THE
388
effect
expect
upon,
.
are
•
Volume 159
THE
Number 4249
COMMERCIAL & FINANCIAL CHRONICLE
'389
State' and
BOND PROPOSALS AND NEGOTIATIONS
uidation,
arkansas
Yield
Tax
Shows
bids until noon on
Increase—
aviation
for
being
December, 1943, were up to
$3,629,246 as compared with $3,166,887 in the similar 1942 month,
according to Murray B. McLeod,
Commissioner of Revenue.
license
Auto
fees
were
$1,034,829, as
$615,233,
and
gasoline
taxes were $922,630, as compared
with $1,062,549.
>
against
For the first six months of the
fiscal
started
year,
collections
tax
of
July
the
;A legal opinion of Wood, Hoffman,
sealed
Feb. 2 for the
King & Dawson, New York, N. Y.,
will be provided by Board of Li¬
quidation, City Debt, approving
1, total
state
were
$17,507,642,
as
compared
with
$17,475,580 in the similar. 1942
period.
License fees
for
the
latest period were $1,438,225, as
against $1,251,247, and gasoline
taxes $5,544,150 as compared with
$6,419,538.
^
.
$2,500,000 series A
The offering is the issue. The bonds may be reg¬
under authority of istered and released from registry
purchase1 of
Gross tax collections of the State
,
announces
Debt,
City
that the Board will receive
Arkansas (State of)
bonds.
made
.
Act No. 4 of the General Assem¬
the Board of
as
Liquidation, City Debt,
1916, adopted as an amendment to
the Constitution of the Sate at the
scribe.
full amount of
certified
1916, con¬
Section 24,
of the Constitution of the State of
a
amount
1921, as amended by Acts 178 and
182, respectively, of the Legisla¬
ture for the, year 1924, and Act
340 of the Legislature for the year
Board of
election
held
Nov.
subsequently
1936,
amendments
the
to
7,
adopted as
Constitution
of the State.
may pre¬
Each bid shall be for the
firmed in Article XIV,
bonds
$2,500,000. Enclose
check
of
for
the face
bid
for,
v
3%
of
1, 1944. Denomina¬
Due Aug. 1 as follows:
1945, $84,000 in 1946,
1947, $87,000 in 1948,
1949, $91,000 in 1950,
1951, $94,000 in 1952,
1953, $98,000 in 1954,
1955, $102,000 in 1956,
1957, $106,000 in 1958,
1959, $111,000 in 1960,
1961, $115,000 in 1962,
1963, $120,000 in 1964,
$122,000 in 1965, $125J)00 in 1966,
Hot Springs, Ark.
$127,000 in 1967, and $130,000 in
Bonds
Voted—rAn
issue
of 1963. The
City, through the Board
$200,000 municipal airport bonds of Liquidation, City Debt, is au¬
was voted at the election held on
thorized to redeem and pay the
Jan. 15.
v':/"
principal of any of the bonds of
Dated Feb.
tion
■
this issue in the inverse order of
the
value of the
payable
the
to
Liquidation, City Debt.
maine
Augusta, Me.
Note
:
Sale—The
offered for
sale
$300,000 notes
Jan.
on
17
awarded to the First Boston
$1,000.
$82,000 in
$85,000 in
For
the
1943
calendar; year, $89,000 in
gross tax .collections amounted to $92,000 in
$36,123/722, against $36,117,613 in $96,000 in
the preceding year.
Auto license $100,000 in
fees were up to $3,923,662 from $104,000 in
$3,617,781,
and
gasoline
taxes $109,000 in
were
down, to $10,246,389 from $113,000 in
$12,667,323.
$118,000 in
colorado
under, such rules
bly of the State for the Session of
were
Corp.,
at 0.43%
of
was
at
discount, plus a premium
The next highest bidder
Harriman Ripley & Co., Inc.
$2.00.
0.44%.
follows:
Other
bidders
H.
•
Discount
,
Shawmut Bank,
Rollins
Boston.... 0,445%
0.45
™
& Sona
0.468
™.
massachusetts
Beverly, Mass.
Note Offering—John Gr
Lovett,
City Treasurer, will receive sealed
bids
until
the
purchase
Dated
the
bidder
whose
bid
produces
the lowest interest cost to the Vil¬
Goldman, Sachs & Co
E.
as
:
Bidder—
National
were
$30,000 in 1964, $32,000 in 1965 Secretary Board of Education/will
and 1966, $34,000 in, 1967, $36,000 receive
sealed
bids
until
8:30
in. 1968,
$38,000
in
1969
and (EWT) on Jan. 24 for the pur¬
$40,000 in 1970 to 1974, with the chase of $150,000 coupon Series 1
option of redemption prior to ma¬ refunding bonds of 1944.
The said bonds will be dated as
turity of bonds' maturing on and
after Jan. 1, 1969, on any interest of Feb. 1, 1944, will be numbered
date on or after July 1, 1949, at consecutively in the direct order
103 to and including Jan. 1, 1954; of their maturities from 1 to 150,
at 101.% %!. thereafter to and in¬ both inclusive, and will mature
cluding Jan., 1, 1959; and at par serially $5,000 on the 1st day of
thereafter, plus accrued interest, May in each year from 1945 to
in inverse numerical order. ;
1956, both inclusive, and $10,000
Said bonds will bear interest at on the 1st day of May in each
a rate or rates not exceeding four
year
from
1957 to
1965, both
per
cent (4%) per annum, ex¬ inclusive will be coupon bonds
denomination
of
pressed in multiples of 14 of 1 %, of the
$1,000
payable semi-annually on Jan. 1 each,
and
will
bear
interest
and July 1 of each year. ■ Both from
Feb.
1,
1944,
to
their
principal and interest will be respective maturity datep at a
payable at Detroit Trust Com¬ rate or rates, expressed in multi¬
ples of % of 1%, not exceeding
pany, Detroit, Michigan.
The bonds, will be awarded to 2 % % per annum to May 1, 1948,
11
a.m.
Jan. 26 for
on
of
$300,000
notes.
Jan.
26, 1944.
Denomina¬
tions $25,000 and $10,000.
Due
Nov. 3, 1944.
lage after deducting the premium
In determining
offered, if any.
the net interest cost, interest on
premium will not be considered
as
deductible, and interest
on
bonds will be computed from Jan,
31, 1944, to the respective ma¬
turity date on non-callable bonds
and to the first call date on call¬
able bonds.
all
No bid
the
of
for less than
will
bonds
be
con¬
sidered.
The
bonds
are
for
issued
the
of constructing extensions
maturities on and after Feb. 1,
and improvements to the water
Everett, Mass.
and sewer systems of the village,
1954, on any interest payment
Note
Offering—Raymond
M,
date, at 102% of the par value Davis, City Treasurer, will receive and will not be a general obliga¬
thereof and accrued interest to
bids until 11 a.m. (EWT) on Jan. tion of the village but will be pay¬
the date fixed for the redemption,
26 for the purchase at discount able only from the revenues of
upon publication of notice of re¬ of
the combined water and sewer
$500,000 notes: Dated Jan. 26.
demption in New. Orleans and 1944. Denom.
$25,000, $10,000 and systems of the village after pro¬
New York; said notice of redemp¬
vision for the payment of ex¬
$5,000. Due Nov. 10,. 1944, Issued
tion to be ;• published five times,
in anticipation of revenue for the penses of operation and mainten¬
the first publication to be at least
ance, and will be secured by a
year 1944.
30 days prior to the date so fixed
first lien on such revenues.
for redemption, at least one of
Maiden, Mass.
NO additional bonds of equal
Note Sale—The $750,000 notes
said five publications to appear
standing and security with the
in a financial paper published in offered for sale on Jan. 19—v. bonds of this issue shall be issued.
the City of New York and the re¬
159, p. 262—were
awarded,, at
A certified check in the amount
discount,'
as ; follows: of $15,000.00, drawn upon an in¬
maining publications of said no¬ 0.424%
tice of redemption to appear in a $375,000 to the National Shawinut corporated bank
or
trust com¬
newspaper published in New Or¬ Bank, Boston; $375,000 to the Mer¬ pany, payable to the order of the
National
leans. In the event said bonds are chants
Bank, Boston. Village of Roseville must accom¬
not
presented
for; redemption" Dated Jan. 19, 1944.
Denomina-- pany each' bid'as a guaranty of
when so called/ they shall cease tions $25,000, $10,000 and $5,000.
good faith on the part of the
to bear interest from and after the Due Nov. 6, 1944. The next highest
bidder, to be forfeited as liqui¬
date fixed for redemption.' Said bidder was the Maiden Trust Co., dated
damages in case the bidder,
purpose
-
'•
Cortex,
Election
tion
is
Considered—An .elec¬
being considered to vote
the issuance of
an
Colo.
bonds for
revenue
airport project/
\
'
Florence,
Colo.
Bond Call—John
R.
Mauller,
City Treasurer, calls for payment
on Jan. 30 storm sewer bond No.
16. Interest
Otero
ceases
County
-
.
on
date called.
School
District,
Colo.
Bond Call—The County Treas¬
for
calls
urer
the
payment
lowing bonds and warrants:
School
District
No.
11:
fol¬
:
bonds
Nos. 210 to
221, dated Feb. 1,1921,
maturing Feb. 1, 1944.
School District No. 11: all
rants
Oct.
war¬
registered to and including
27, 1943.
School District No. 31: all
war¬
.
.
,
bonds will bear interest from date
registered to and including until paid, evidenced by interest
coupons attached, payable on Au¬
Jan. 10, 1944.
gust 1 and February 1, respec¬
:
florida
tively/of each year, both principal
rants
Inverness, Fla.
:
w
.v/;
and interest
on
said bonds shall be
payable in lawful money, at such
paying agencies in New Orleans,
City Clerk, is asking for sealed
or in New York City, respectively,
tenders until 8 p.m.
(EWT) on
as the Board of Liquidation, City
Feb. 15 of series A, B, or C re¬
funding
bonds,
issue
of
1943. Debt, may designate. Bidders are
Tenders must designate offering requested to name the rate or
rates of interest to be borne by
price and must be firm for 10 days
said bonds, expressed in multiples
subsequent to the date of opening.
of
of 1%, and said bonds will
Tenders
'
Wanted—J. H. Spivey,
louisiana
^
■
;
^
Bossiet Parish (P. O. Benton), La,
Bond Offering—D. E. Burchett,
Secretary Police Jury, will re¬
ceive sealed bids until 2 p.m. on
Feb. 8 for the purchase of $40,000
not to
exceed 5%
Sewerage Dis¬
awarded to
be
the bidder
whose
discount, Other bidders
at 0.43 %
were
follows:
as
pay
Discount
v
Bidder—
First
Bank,
National
0.434%
Maiden
Middlesex County Nat'l Bk.t Maiden
First
0.438
Bank,
National
Boston—.—- 0.44
r
the City, to be determined by
computing the amount of interest
payable
entire
on
life
the
and
bonds for their
deducting there¬
premium
from the amount of any
which may be offered.
All
bids
V-:
checks.
Miller,
Canfield, Paddock and Stone, At¬
torneys, of Detroit, approving the
Salem, Mass.
Note Sale-v-The $1,000,000
offered; for
sale
notes
Jan. 20 were
on
awarded to the Bankers Trust Co.,
of New
highest bidder was the
Bank, Boston, at
Second National
0.394%
discount.
Somerville, Mass.
awarded
Bank
of
to
the
Boston
V
$1,000,000 notes
Jan.
on
Dated Jan.
count.
able
sale
for
Royal
Approves
Oak,
Mich.
Refunding
First
at
20
National
0.437%
20,
were
dis¬
1944, pay¬
Nov.
3%
per
annum
May 1, 1951, not
exceeding 314% per annum.there¬
after to May
1, 1954, and not
exceeding 4% per annum there¬
after, payable to May 1/1944, and
semi-annually thereafter on the
first/days of May and November
in each year. Both principal and
to
interest
will; be
Detroit
t
Trust
payable at the
Company in; the
City of Detroit, Michigan, or at
its successor paying agent named
by said school district/which shall
be a responsible bank or trust
company in the City of Detroit,
Michigan. These bonds will not be
subject to redemption prior to
maturity.
V
These bonds will be the general
obligations of said school district
which is authorized and required
by law to levy upon all the tax¬
able
property therein such
ad
valorem taxes as may be neces¬
sary to pay the bonds and the in¬
terest thereon, without limitation
as
to rate
or
amount.
.<■
,
Bids shall be conditioned upon
the unqualified opinion of Claude
H. Stevens of Berry and Stevens,
attorneys, Detroit, approving the
legality of the bonds. The cost of
said
legal opinion and of the
printing of the bonds will be paid
by the school district. The bonds
will
be
delivered
at
Detroit,
Michigan.
L-'.%
.
%
A certified
amount
or
of
cashier's check in
$3,000.00,
drawn
an
incorporated bank or
trust company and payable to the
order of School District No. 7 of
upon
the
Township of Royal Oak, must
each proposal as a
guarantee of good faith on the
part of the bidder. No interest
will be allowed on good faith
accompany
checks.
In
4
the
:/
event that
prior to the
delivery of the aforesaid bonds,
the income received by private
.
Action---
The City Commission, on Jan. 10.
Note Sale—The
offered
legality of the .bonds. The cost of
opinion and the cost of print¬
ing the bonds will be paid by the
Village.
'V
such
York, at 0.38% discount.
The next
bid offers the lowest interest cost
to
will be allowed on the good faith
the unqualified opinion of
;
Goldman, Sachs & Co—~—____ 0.45
Second National Bank, Boston—™ 0.483
for the bonds.
exceeding
and
the
No interest
Bids shall be conditioned upon
(New York delivery) 0.4375
Leavit-t & Co.
if successful, shall not accept
riot
thereafter
holders
from
bonds
of the
same
type and character shall be tax¬
able by the terms of any federal
the
city's
refunding income tax law hereafter adopted
agent, to proceed with plans for by Congress, the successful bidder
again refunding $1,988,000 of gen¬ may, at his election, be relieved
eral obligation and tax notes first of his obligations under the con¬
tract to purchase said bonds, and
refunded in
1935, according" to
in such case the deposit accom¬
press reports. The plan calls for
authorized Louis H. Schimmel of
Pontiac,
,
,
6,
1944.
The next
improvement bonds.- shall so provide that in no case
extending the maturities of the panying his bid will be returned.
Dated Nov. 1, 1943. Denomination
shall the annual charges for prin¬ highest bidder was Leavitt & Co.,
Envelopes containing the pro¬
bonds eight years to 1973, with all
at Q.443 % discount.
$1,000. Due Nov. 1, as follows: cipal arid interest vary more than
bonds to 1965 due serially and posals should be plainly marked
$1,000 in 1944 to 1946, $2,000 in $5,000 between any two years
'v
"Proposal for Bonds."
Any in¬
Michigan
$895,000 worth due thereafter call¬
1947 to 1960, and $3,000 in 196f to
throughout the life of the bonds.
able in inverse ratio biennially terested bidder will be furnished,
1963.
Principal
and
interest All bids • must be unconditional,
Roseville, Mich.
from 1946 until 1962. The maxi¬ upon request, a report of the es¬
(M-N)
payable at the Bossier and no bid of less than par and
Bond Offering—W. E. Utt, Vil¬
facts
pertaining to the
mum
interest rates would range sential
State Bank, Bossier City. A cer¬
accrued interest from Feb. 1,1944, lage Clerk, will receive sealed from
3% to 334%, an average of financial condition of the school
tified
transcript and approving will be considered. Bids must be bids until 8 pm. (EWT) on Jan.
district. Such requests should be
opinion of Chapman & Cutler, of made on the form furnished by 31 for the purchase of $750,000 not slightly more than 3 % %;. If the
plan meets" the approval of the directed to Matthew Carey, Re¬
Chicago, will be furnished the Board of
to exceed 4%
water, and sewer
Liquidation, City Debt,
Agent,
2252
National
Michigan Public Debt Commis¬ funding
successful bidder without cost to
without alteration or qualification. revenue bonds, of 1944. Dated Jan. sion it is
Bank Building, Detroit, Michigan.
planned to refund these
him, and all bids shall be so con¬ The cost of
preparing and selling 1, 1944. Denom. $1,000. Due Jan.
obligations on April 1, the next
ditioned.
Payable from an un¬
Wayne County (P. O. Detroit),
said bonds shall be paid by Board 1 as follows: $16,000 in 1948 and interest
paying date.
Issues * of
limited ad valorem, tax. Enclose
Mich.
of Liquidation, City Debt.
The 1949, $17,000 iri 1950 and 1951,
$785,000 in general water bonds
a certified check for $2,000, pay^
bonds will be delivered as soon as $18,000 in 1952, $19,000 in 1953
trict, No.
able
to
1
J.
H.
Mercer,
President
Police Jury.
New Orleans,
the
La,
Bond Offering-rNorace P. Phil¬
lips, Secretary of Board of Liq¬
successful
shall be
bidder
or
bidders
required to pay, in addi¬
tion to the price of the bid, inter¬
est accrued up to date of delivery.
in
in
$24,000 in
$26,000 in
$20,000
$22,000
$28,000 in
1954, $21,000 in
1956, $23,000 in
1958, $25,000 in
1960, $27,000 in
1962, $29,000 in
Bids
bids
and refunded special assessment
1955, bonds would be
Were received for the purchase of
refunded later.
1957,
an issue of $34,700
Lenore sani¬
1959, Royal Oak Township School Dis¬ tary and storm water drain of
trict No. 7 (P. O.
1961,
Berkley), Mich. Dearborn Township, offered for
1963,
Bond Offering—Edward Parkin, sale on Jan. 10.
No
practicable after Feb. 2, 1944, and
Received—No
THE COMMERCIAL &
390
apolis, or at the Union Bank &
Trust Co., Helena. Issued for the
MINNESOTA
(P. O. Grand
Rapids), Minn.
Certificate Offering—R. J. Whal¬
Itasca County
bonds, on Jan. 1,
h..;
- !•
and 3%
2%%
outstanding
of redeeming
purpose
1944.
^
ing, County Auditor, will receive
sealed and oral bids, until 10 a.m.
on
Jan. 28 for the purchase of
Mountain
1944.
Iron, Minn.
Sale-—The $40,000
of
certificates
bear
the
to
chased
Dated
of)
Tax Col¬
Commis¬
—
York
and
Co.,
100,104
1.40
Co
Teachers Retire¬
State
Hemphill, Noyes & Co., and
associates at a price of 121.689. /
11 a.m. (EWT) on Jan. 25 for the
purchase of $20,000 not to exceed
6% public improvement water re¬
funding bonds. Dated Feb. 1, 1944.
Denomination $500. Due Feb. 1, as
follows; $500 in 1946, $1,000 in
$2,225,000
Sale—The
Bond
HAMPSHIRE
ders
re¬
more
one
-
':%V MISSOURI
.
St.
Nov.
"
bonds.
Nov.
Charles, Mo.
Sale—Baum, Bernheimer
Bond
1, 1946..
9,000 Ocean
in
Front improvement
$1,000.
Denom,
1, 1947.
Due
,
in
highest
bidder
0.50% to
1.30%, according to .ma¬
July
16, 1943. Demon. $1,000. Due Jan.
16, at follows: $1,000 from 1945 to
1949
from 1950 to
from 1957 to
inch Principal and interest
inch;
$4,000
1956. incl. and $5,000
1959
(Jan. and July 16) payable at the
Mississippi Valley Trust Co., St.
Louis. The bonds were
refund
the city to
of
a
bearing
obligations
sewer
higher
rate
tional
for
issued by
like amount
a
of interest and op¬
redemption.
In the
opinion of counsel, they will be
direct obligations
of the entire
city of St. Charles, with princi¬
pal and interest payable from un¬
limited ad valorem taxes which
all the tax¬
may
be levied upon
able
property located therein.
MONTANA
(State of)
$315,000 Army
Board revenue bonds were award¬
ed to a syndicate composed of
Allison-Williams Co., Piper, JafMontana
'
Bond Sale—The
1, 1953 to 1964 optional as fol¬
maturing July 1,
July 1, 1947;
bonds maturing July 1, 1961,
1953 to
1960,
on
NEW YORK
Colonie, Latham
Water District
(P. O. Newtonville), N.Y.
Bond Sale—The $12,500 water,
offered for
159, p. 262—
were
awarded
to
the National
Commercial Bank & Trust Co., of
Ninth
sale
Series,
on
Jan.
bonds
19—v.
Jan. 1, 1947; bonds matur¬
ing July 1, 1962, on Jan. 1, Albany, as Is, paying a price of
1946; bonds maturing July 1, 100.024, a basis of about 0.99%.
Denomina¬
1963, on Jan. 1, 1945, and Dated Feb. 1, 1944.
bonds maturing July 1,1964, tions $1,000, one for $500.
Due
on
on
July 1, 1944.
Principal and
payable at the North¬
National Bank,; Mipn.ea^
Dated Jan. 1, 1944.
interest
western
each bidder
and
his
each
must specify
the:amount
bid
rate.
The
of
in
bonds
of
will
be
bonds
awarded to the bidder offering to
purchase the bonds at the lowest
part
name
bid may name
of
earliest
the bonds
maturities)
balance,
accrued
all
of
interest, or for less than
bonds will be enter-;
the
In the event that prior
tained.
to'
delivery of the bonds the in-,
received by private holders
from bonds of the same type and.
the
come
character shall be taxable by the'
no
bid
may
more
name
than
terms
law,
of any
the
lowest
cost
interest
was
of the bonds until their
maturities.
No
respective
bid of less than
and accrued interest will be
entertained.
In the event that
par
Bond
New Bern, N. C.
Offering—W. E.
]
Easter-;,
ling, Secretary, Local Government
prior to the delivery of the bonds Commission "will receive sealed
income received by private
bids until 11 a.m. (EWT) on Jain
holders from bonds of the same
25 for the purchase of $150,000 not*
type and character shall be tax¬ to exceed
6% water coupon bonds. "
able by the terms of any Federal
Dated Fell. 1, 1944. Denomination >
income tax law,
the successful
$1,000.
Due Feb. 1, as follows:
bidder may, at his election, be re¬
$4,000 in 1945 to 1964, and $10,000
lieved of his obligations under the
in 1965 to 1971; Registerable as to
contract to purchase the bonds
principal only;
general Obliga¬
andpin such case, the deposit ac¬ tions; unlimited tax; delivery at
companying his bid will be re¬ place of
purchaser's choice. Prin-/
turned. The approving opinion of
cipal and interest (F-A) payable
Reed, Hoyt & Washburn, of New in New York City.
Bidders are
York, will be furnished.
Enclose requested to name the interest
a
certified check for $400, pay¬ rate or rates in multiples of V\
able to the State Treasurer.
: of 1%. Each bid may name one'
rate for part, of the bonds and'
A
Lenoir, N. C.
v .
Bonds
V oted—An
issue
of another rate for rates for the bal¬
the
,
$75,000
airport bonds was voted
at the election held
recently,
but no bid may name
than three rates; each bidder
ance,
more
must
Vwj'y.v';;.(%'
July
optional July
lows: Bonds
may
specify in his bid the-amount of
Louisburg Township (P. O. Louis* bonds of each rate.
Each rate'
burg), N. C. ' J-"';'
must be bid for bonds of consec¬
in
Bond Offering — W. E. Easter- utive maturities.
1956.^-v
to 1948.
Rate of interest to be in
The bonds will
multiples of J4 or one-tenth of ling, Secretary Local Government be awarded to the bidder offering;
West New York, N. J.
Bond Sale—The $600,000 regis¬ 1% and must be the same for all Commission, will receive sealed to purchase the bonds at the low- ;*
bids at his office-in Raleigh, un¬ est interest cost to the City, such
tered temporary refunding bonds of the bonds. Principal and inter¬
offered for sale on Jan.
19—v. est (M-N) payable at the Roslyn til 11 a.m. on Jan. 25 for tne pur¬ cost to be determined by deduct-r
National Bank & Trust Co., or at chase of $35,000 not to exceed 6% ing the total amount of the pre-,
159, p. 155—were awarded to the
refunding
road bonds. mium • bid from; the aggregate
Grosvenor-Dale Co., Inc., of New the Irving Trust Co., New York. coupon
York as 2%, paying a price of Issued for the purpose to pay final Dated Feb. 1, 1944. Denomination amount of interest upon all of the:
decrees or judgments in condemn¬
$1,000.
Due Feb. 1, as follows: bonds until their respective ma-,
100.34, a basis of about 1.66%.
proceedings
instiuted in $1,000 in 1945 to 1957, $2,000 in turities. No bid for less than par
Other
bidders
were:
Hudson ation
County
National Bank, Jersey Supreme Court, and to pay sup¬ 1958 to 1962, and $3,000 in. 1963 and accrued interest will be enter¬
to
1966.
Bonds maturing after tained. In the event that prior to
City, for 2s, at a price of 100.00, plemental engineering expenses
Feb. 1, 1959, will be subject to the delivery of the bonds the in¬
and J. S. Rippel & Co. for l%s, at in connection with the construc¬
tion of the Village sewerage sys¬ redemption on Feb. 1,
1959, or come received by private holders,
a price of 100.016.
tem. The period of probable use¬
on any
Feb. 1,; each year there¬ from bonds of the same type and
The bonds are dated, Feb. 1,
fulness of the object or purpose of after prior to their respective ma¬ character shall be taxable by the 1944, and mature Feb. 1, 1945.
Redeemable at the town's option said bonds is at least five years. turities, at par and accrued inter¬ terms of any Federal income tax;
An amount equal to at least 5 %
est. Principal and interest (F-A) law, the successful bidder may, at,
at
any
time prior to maturity,
has been provided in the budget payable in New York City.
Gen¬ his election, be relieved of his.
upon written notice delivered to
for the year 1943, as regards bonds eral obligations; delivery on or obligations under the contract to
the registered owner at least five
authorized for other than payment about Feb. 10, 1944 at place of purchase the bonds and in such '
days prior to the'date upon which
of judgments.
The Village oper¬ purchaser's choice. The bonds case the deposit accompanying his
such redemption is made.
ates under the Village Law and are payable from an
unlimited bid will be returned. The approv-,
the proposed bond issue is author¬ tax to be levied
opinion of Reed, Hoyt &■
upon all taxable ing
NEW MEXICO
ized by said law, In the event that
property in the Township.
Bids Washburn of New York will be
Bernalillo County (P. O.
prior to the delivery of the bonds to be on forms furnished by the
(Continued on page 391)
the income received by private
Albuquerque), N. Mex.
Plans Refunding — The County holders from bonds, of the same
1944, bonds. Due $25,000
1, 1944 to 1946.
240,000 214s, refunding, Series of
1944 bonds. Due $20,000 July
rate
to the
proving opinion of Masslich &'
determined Mitchell, of New York, will be,
by deducting the total amount of furnished.
Enclose
a
certified;
the premium bid from the aggre¬
check for $700, payable to the'
gate amount of interest upon all State Treasurer.
the
South Orange,
fray & Hopwood, both of Minne¬ Commissioners are taking steps to
apolis, and Peters, Writer & Chris- refund one-half of an outstand¬
ing issue of $500,000 court house
tensen, of Denver, as follows:
$75,000 214% refunding, Series of and jail bonds.
1, 1950 to 1952;
name
Town, such cost to be
Iialsey, Stuart & Co., and asso¬
N. J.
Co., Kansas City, recently pur¬
Bond Sale—The $59,000 trunk ciates, for Is, at a price of 100.106.
chased an issue of $48,000 1 lk %
sewer bonds offered for
sale on
coupon refunding bonds at par
Roslyn, N.Y.
Jan. 17 were awarded to Dolphin
and;; accrued interest and' also
Bond
Offering
—: James
P.
& Co., of Philadelphia as 1.10s,
agreed to provide printed bonds
Kehoe, Village Clerk, will receive
at their own expense; to pay the paying a price of 100.14, a basis of sealed bids until 10 a.m. (EWT) on
about 1.076%.
The next highest
fee for registration at the State
Jan. 21 for the purchase of $10,200
bidder was M. M. Freeman & CO.,
Auditor's office and to pay for
not to exceed 6% coupon or reg¬
for 1.10s at a price of 100.094.
the
approving legal opinion of
istered sewer bonds. Dated Nov.
Dated Feb. 1, 1944. Denomination
.Charles
&
Trauernieht. of
St.
1, 1943, Denomination $1,000, one
$1,000.
Due Feb. 1, as follows:
Louis. The bond house re-offered
for $200. Due May 1, as follows:
$5,000 in 1945 to 1955 and $4,000
the issue at prices ; to yield from
$2,200 in 1944, and $2,000 in 1945
turity. The bonds are dated
may
.
1953.
next
one rate for
(having the
and another
for the balance, but no bid
name more than two rates,
bid
two
$175,000 in 1952, and $73,000
The
Each
part of the bonds
earliest maturities)
Federal income tax,
successful bidder may,'
rates, and each bidder must at his election, be relieved of his '
specify in his bid the amount of obligations under the contract to
bonds of each rate.
The bonds
purchase the bonds and in such J
will be awarded to the bidder of¬ case the
deposit accompanying his'
fering to purchase the bonds at bid will be returned.
The ap¬
but
1951,
in
$150,000
1950,
the
to
and another rate for the
i
$1,203,882.
for
rate
(having
x
with
the
rates in multiples
requested
are
interest rata or
of Lehman Bros,, Phelps, Fenn &
$30,025,908, an in¬ Hillsborough County (P. O. Man- Co., Union Securities Corp., Mer¬
than ' $4,000,000
chester); N.H.
rill
Lynch,
Pierce, Fenner
&
over the preceding
year, accord¬
Notes Sold—An issue of $400.- Beane, all of New York, Schoelling to figures made public Jan. 5. 000 tax notes was sold Jan. 10 ko'pf, Hutton & Pomeroy of Buf¬
Top revenue producer was the at 0.374% discount. Due Dec.. 12, falo, Eastman, Dillon & Co., J. R.
State's sales tax, which yielded 1944.
Williston
&
Co., both of New
$13,213,807 in 1943 as against $12,York, and Sage, Rutty & Co., of
138,754 in 1942.
;
';V/'
Rochester, as Is, paying a price of
NEW JERSEY
Despite the fact that a legisla¬
100.27, a basis of about 0.962%;
Ocean City, N. J.
tive reduction went
into effect
divided - as follows:
J v, ; 4;%;.
V Bond
Sale—The
$23,000 6%
during the year, the State income
$1,652,000 general bonds. Dated
registered bonds, divided as fol¬
tax
yielded $9,259,821 in 1943,
Jan. 15, 1944. Due July 15, as
compared with 1942 collections of lows, offered for sale on Jan. 19—
follows:
$150,000
in
1949,
v.
159, p. 262—were awarded to
$6,739,404. •
1
':
! $325,000 in 4950, $540,000 in
Other
major revenue sources the National Bank of Ocean City,
/'■:
1951, $525,000 in 1952, and
included the tobacco tax, which paying a price of 111.974, a basis
$202,000 in 1953.
;
netted $3,595,595, as against $3,- of about 1.88%.
573,000 school bonds. Dated Jan.
322,552 in 1942, and the -beer and
$14,000 Ocean Front improvement
15, 1944. Due July 15, as fol¬
wine tax, $1,709,767, as compared
bonds.
Denom. $1,000.
Due
lows: $50,000 in 1949, $125,000
of
crease
interest
and
(F-A) payable in New York. Bid¬
of
total
ord
Principal
choice.
—
NEW
Bidders are re¬
1949, interest cost to the Township,
$1,000 in 1950 and 1951, $1,500 in such cost to be determined by de~,
1952, $2,000 in 1953, $3,000 in 1954, ducting the total amount of the
$3,500 in 1955, $4,000 in 1956, and premium bid from the aggregate"
$500 in 1957.
Registerable as to amount of interest upon all of the'
principal only; unlimited tax; de¬ bonds until their respective ma-*,
livery at place
of purchaser's turities. No bid of less than par and.
funding bonds offered for sale on
Jan. 20
v. 159, p. 263 — were
awarded to a syndicate composed
5 years.
Secretary.
quested to name the interest rate
or rates in multiples of *4 of 1%.
1947, $1,500 in 1948, $500 in
of 44 of l%vEach
Rochester, N. Y.
Easter -
E.
ling, Secretary Local Government
Commission, will receive sealed
bids at his office in Raleigh until
was
$5,000„3!4 % : water bonds.
Jan. 1, 1944. Due Jan. 1,
1964, optional in
1943 collected a rec¬
sion during
&
&
System (P. O. Albany), N. Y.
The $2,232,000 registered New
re¬
The Robert E.
Co., of Omaha, has pur¬
Sold
Bonds
Schweser
Mississippi (State
Childs
Offering—W.
Bond
'
ment
Neb.
;■
MISSISSIPPI
Reports Record High
lections—The State Tax
100.23
*■
State Bank,
4Vi>% interest.
Iron First
Mountain
to
Jan. 17—v. 159,
awarded
262--were
p<
of¬
indebtedness
fered for sale on
P.
IVa%.
Sons-l^
&
Inc.-1.30
Co.,
for sale on York State bonds, offered for sale
262—were on Jan. 14 were awarded to a
awarded to the Continental Na¬ syndicate composed of the Chemi¬
tional Bank of Lincoln as Is, pay¬ cal Bank & Trust Co., Kean, Tay¬
ing a price of 100.59, a basis of lor & Co., F. S. Moseley & Co., all
about
0.809%.
Dated March 1, of New York; Mercantile Com¬
1944. Denom. $1,000. Due March merce Bank & Trust Co. of St.
1, as follows: $20,000 in 1945 and Louis, and Stone & Webster, and
Blodget, Inc., of New York, at a
$30,000 in 1946 to 1949.
price of 121.815, a basis of about
Greeley Center (P. O. Greeley),
1.124%. The next highest bidder
to Chapter
212, Laws of 1941. Enclose a certi¬
fied check for $2,500.
;
^
Certificate
C.
Price
100.08
Int. Rate
Rollins
funding bonds offered
Jan.
118—v.
159, p.
pursuant
and
under
Neb.
Sale—The $140,000
Bond
July 1, 1944,
Issued
$1,000. Due $100,000
and $95,000 Dec. 15,
H.
Blair &
above
CAROLINA
Fremont, N. C.
Bidder—
E.
New
Fremont,
$195,000 road and bridge certifi¬
cates
of indebtedness.
Denom.
-
follows:
Sherwood
NEBRASKA
NORTH
Other bidders were as
of 100.008.
Monday, January 24, 1944
FINANCIAL CHRONICLE
.Feb. 1, as follows: $2,000 in 1945
to 1949, and $2,500 in 1950.
The
next
highest bidder was State
Bank
vof Albany for Is, at a price
type and character shall be tax¬
able by the terms of any Federal
tax
income
law,
bidder may, at his
lieved of his
contract
to
the successful
election, be re¬
obligation under the
purchase the bonds
the deposit ac¬
and in such case
companying his bid will be valid
legally binding obligations of
the Village, and the Village will
have power and will be obligated
to levy ad valorem taxes upon all
the taxable property within the
and
Village
bonds
The
payment of the
with¬
for the
and interest thereon
out limitation
opinion
of rate or amount.
Hawkins,
of
Dela-
New York,
furnished to
field & Longfellow of
to this effect will be
the
successful
certified
to the
check
Village.
bidder.
Enclose a
for $204,
.
payable
Municipal Bond Sales In December And The
Calendar Year IM3
-
;;
and municipal financing
effected in the closing month of 1943, the total was no more than
$17,378,044, was in keeping with the wartime trend of such borrow- ,
ing. Again, as in previous months of the year, issues for refunding
purposes bulked large in the December output, and the record for,
the entire year shows that offerings in that category represented.
approximately 60% of the grand total of sales for the entire 12
months.
This was the largest percentage of refunding offerings
brought out in any 12 months period, although the dollar volume
was considerably smaller than was the case in some of the earlier
years, particularly in 1940 and 1941,
The impact of wartime restrictions on municipal financing in
1943, resulting from greater shortages of materials and manpower,
in that period, is seen in the fact that despite exceedingly favorable
market conditions and the existence of greater investment demand
than ever, the grand total of sales for the year was only $435,223,191.
This was the smallest aggregate of any year since 1918 when the
disposals were $298,525*458, and, it may be noted, was even some
The
small volume
of long-term State
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4249
159
,$100,000,000 less than the 1933 total of $520,478,023, which latter was
the period when municipal credit in general, owing to widespread
defaults, etc., was at its lowest ebb.
Referring again to the 1943
output, it should be noted that the total emissions of only $435,223,191 included no less than $259,481,836 for refunding purposes.
In the
preceding year, sales amounted to $523,704,607 and the refunding
figure was $181,264,294.
In connection with the grand aggregate for 1943, or any previous
for that matter, it should be recorded that our figures do not
include the so-called secondary offerings or issues placed with the
Reconstruction Finance Corporation or any other federal agency, exyear
subsequently liquidated by such bodies.
totals, the results of the bond
exchange offerings by Philadelphia, Pa., in recent years, also the
financing incurred by the City of New York in 1940 incident to its
acquisition of local subway facilities.
;
;
With regard to secondary offerings, representing sales of hold¬
ings by insurance companies and public sinking funds, it has been
estimated that the total of such liquidations was in the neighborhood
of $200,000,000 in 1943, Such operations, of course, were carried out
by sources to whom the tax-exempt feature on municipals was not
of material significance and for the purpose of reinvesting the pro¬
ceeds in government obligations.
As a result of the extremely high
prices commanded by State and municipal bonds generally through¬
out 1943, these liquidations were effected at "fancy" prices and re¬
sulting large profits to the sellers.
The successful bidders for such
business, in turn, had no difficulty in placing the obligations among
other investors. The diminished supply of new instruments put out by
public bodies, coupled with the further enhancement of the value
of the tax-exempt feature by virtue of the constant increase in the
Federal tax burden, served to" emphasize the demand for municipals
despite steadily advancing prices.
The only important exceptions
to the trend of higher prices obtained during the periods of the
various war loan drives and throughout the larger part of November,
when the general price level sharply receded as a result of the
incidence of strong peace rumors.
Most of the loss experienced in
that month was subsequently regained and at the close of 1943 the
various price indexes showed substantial increases above the levels
which prevailed at the year-opening. - TVT
;
l- TTT fv
v TTT.
Referring again to operations during the closing month of the
past year, we find that temporary borrowing in that period totaled
$79,617,500, of which $43,467,000 was accounted for by local housing
authority note awards and $2$,000,000 by the City of New York,
which disposed of revenue bills in- that amount.
No United States
Possession or Canadian municipal issues were publicly offered in
this market during December.
Below we furnish a comparison of all various forms of obliga¬
tions sold in December during the last five years:
,cept where such loans
.
are
In addition, we have excluded from our
'
■A4vy.:, V.>V-"
•'
•
"•
fv •*'' ;
v:
Perm.' munic.
1943
loans
(U.
"
loans
79,617,500
(.temp.)
Canadian
loans
f
in
Placed
in U.
L
of U. S.
•
.
46,445,245
90,000,000
g
•
90,115,445
63,173,658
50,000,000
perm.)—
1,686,231
353,423
None
None
None
None
None
None
Canada—9,430,477
Placed
/
Bonds
$
61,257,542 202,531,474
81,709,357
97,042,565
90,000,000
75,000,000
>.
Po~ sessions—
253,740,984
14,257,826
None
None
None
None
•
Page
No.
Name
Below
out in
2520
161,426,021
156,524,784 233,320,322 628,315,023 217,546,929
issued by .New York City in December; $25,000,000
1943; $25,006,COO in 1942; $30,000,000 in 1941; $45,000,000 in 1940, and $35,000,000
in
in
1939.!
,
The number
County
Berlin, N. H
54
Blairstown,
55
Burieigh
No.
well
the 12 month for
as
a
For the
Month of
Month of
1943—
$17,378,044
_
1942
12 Months
$435,223,191
>523,704,607
18,3493,308
1941_
1929
1938——
—
/
1,125,901,000
143,269,610
85,222,370
_
1937—
1936—
952,615,173
.1,233,706,974
'0.115,445
1939—-—-—i:
$290,827,938
1928
61,257,542
202,531,474
1940—.
1,099,757,500
1924
902,307,162
149,428,822
1923
1927—
1935—
1934—•
$1,430,650,900
1,414,784,537
1925
—
1,509,582,929
144,878,224
—
1,365,057,464
1,399,637,992
1,398,953,158
1,063,119,823
157,987,647
93,682,986
113,645,909
-
96,994,934
1,117,351,518
1922-—„—
1,220,150,097
1921
939,453,933
1920
121,702,118
12 Months
111,025,235
1926—
133,567,228
—
For the
.
December
66,049,400
1,100,717,313
220,466,661
1,208,548,274
—:
55,476,631
'
1933
45,217,320
'520,478,023
1919—
683,168,255
62,082,923
691,518,914
22,953,088
296,525,458
32,559,197
—_
451,278,762
„3
Cleveland, Tenn, ——_—_i%
1945-1958
157
r547,000
Too"""
T.75
Columbus,
1945-1964
157
Columbus
100,000
56
Ohio
154
—
Ohio
District,
4
—
'—
2520
De Soto Special Road and
2524
Dickson
2522
East
Rutherford
54
East
St.
56
Eastvale,
District
No.
5,
City,
Louis,
2627
Euclid,
Ohio
2407
Exeter,
N.
2406
Franklin, Ky.
Franklin, Ky';
Warren
ships
&•
totals
do
not
include
bond
by
1,
monthly output of State and municipal bonds in each of the
1943 end 1942 is shown in the following table:
4943
$49,289,682
57,236,250
January
February
$119,523,451
-41,202,781
154 ' Grand
School
2Vz
May
Neb—
2409
Greenfield,
2520
Hardee
County, Fla
2520
Hardee
County, Fla.
Ohio
32,394,124
101.50
__2*/4
1956- 1963
82,000
101.50
iy4
1945- 1948
1-76,000
100.07
1.21
1945- 1950
rl25,000
100
1.00
*/2
l
1944- 1954
'
—_2.70
2520
Hardee
County, Fla—
2520
Hardee
2520
Hardee
2520
Hardee
County, Fla
County, Fla
County, Fla-.
2520
49.472,261
August
47,317,829
28,167,487
——
47,195,810
comparr-
more
2.69
100.01
2.69
100.01
2.69
bidder must specify in his bid the
amount of bonds of each rate. The
2.69
bonds will be awarded to the bid¬
2.69
der
100.04
4.00
Hillsborough County, Fla.—2*/2
1956"
r75,000
100.17
2.48
2407
Homer
100.59
1.08
2519
Hot
—
Consolidated
District,
2523
i'/4
1__3
Johnson
2410
Kingsport,
County,
1945-1949
60,000
1945-1983
2,075,000
1%
1956-1963
r33,000
To0.26
2.70
Ark,_
Bridge District, Fla.—
2625
1959
r60,000
100.28
Ky
Lafayette,
2625
Lawrence
i>/2
Kingsport, Tenn.
2406
2520
La.
iy2
Lakeland, Fla,
Leonard,
Liberty County,
Texas
a
Macon
Mo.—
Texas
1954
——„iy2
1945-1948
District,
Minn.-1.35
1945-1960
Distjict,
County, Fla.—
111.
Minn._1.40
1961-1963
2521
Mankato
School
2520
Martin
2625
Massac,
Matawan,
N.
J
2626
Matawan,
N.
J
2406
Mercer
2627
Middleport,
2520
Monroe
1.80
Ky.;.—;
Ohio.—
Montana
2627
Moody,
Texas
2521
Muncie,
2'/2
Newport
News,
Oneida,
1.79
r39,000
100.35
1.99
r2,401,000
Va
350,000
TOT.25
1945-1960
—
100.00
0.64
Too.25
16,000
T47
1946
111—
21/a "
Fla.—_——3'/2
1957
TooTs
r455,000
1945 -1963
35,000
T02
101.02
1957
32,000
100.75
1945
1949
25,000
100:75
3.38
54
Pasco
County,
Fla——
3 Vz
1950- 1960
50,500
100.75,
3.38
101.30
3.66
awarded to Fox, Reusch & Co., of
2.00
basis of about
Ore.
1—1*4
—
1944- 1953
County,
St.
Bond
27,672
1945- 1954
.—3 '
„3%
Petersburg
—
fered
10,000
1968
dl,500,000
1950
r50,000
100
1944-1963
195,000
100.81
1.31
1947-1956
Turnpike Commission, Pa.
Wadesborough, N. C.
Sale—The $20,000 public
improvement refunding bonds of¬
3.38
Special
<
trict,
Road
Portland,
157
and
13,
No.
Dis¬
^—2
Bridge
Fla.—-—
—_1.40
Conn.
15,000
100.14
1.65
City Consolidated
No. 1, Okla._2-l'/2
Quapaw, Okla.
Roseville, Ohio
1%
Ross Township, Pa
134
School District
8,000
100.25
1.65
2524
60,000
101.52
1.65
100
1949-1974
Roswell,
N. Mexi_—'
2626
Roswell,
N.
2407
Saginaw, Mich.
2524
St.
George, Utah_—
2522;
St.
Joseph School
1945-1959
1945-1954
2 >4
2407
St. Lucie
2520
2628
2523
2522
.
158
Tarrant
55
1-75,000
TOO.69
L46
1945-1958
156,000
101.32
1.57
2.02
'TTt;v
1949
No.
r30,000
100.37
1,250,000
17,000
Robert
P.
100.28
1~34
Tompkins, City Auditor, will
re¬
1945-1955
55,000
100.11
0.98
ceive
1952-1960
r83,000
100.03
2.38
1945-1958
1-40,000
103.00
3.53
100
4.00
1945
1944-1952
Fla.——
1,
77
•
.
Bond
District,
(CWT)
1944-1.968
25,000
r50,000
100.19
160,000
rd31,500
101.02
1.15
| to
1945-1954
103.00
2.50
of
12,000
100.27
1.20
14
of 1%.
1!4
1951
3!4
114
1946-1955
1956-1957
rd38,000
Tog". 6 4
1952-1960
d31,000
105.44
1.48
38,317
2 Via
2 >/2
3
Texas.___,
2523
56
2521
153
—
Texas.—,-
No.
2,
2.00
111.12
1.79
r48,000
105.31
2.11
1951-1970
rdll8,000
101.00
3.38
1944-1958
—1.30
Mont
r37,000
rd461,000
100,09
1.28
"
3V2
lb2
1%
3 Vs, '
Youngstown, Ohio
Ypsilanti, Mich,
.•
111.
1945-1959
175,000
1945-1964
96,000
Too
1964-1966
10,000
Placed
in
'
*Incli'
including
the
"2
No.
•'
Name
MUNICIPAL
■1.44
approving
"3.50
Lewis,
Montreal
,2628
Catholic
2524
Ottawa,
Ont.
2524
Ottawa,
School
Ont.
"^eludes
Dominion
$2,692,260
War
Loan
borrowings
Victory Loan sales
during 1943 in amount
States
and
Maturity
Amount
Basis
Price
270,000
1944-1963
184,900
1944-1963
4,886,000
2
1945-1949
237,682
99.00
41,895
100.08
1944-1957
215,500
100.93
1944-1947
162,000
101.93
1.81
—2*/2
1944-1952
35,500
101.93
1.81
3
1944-1957
18,000
101.93
1.81
1944-1963
2,864,000
100.41
York Township, Ont
2524
Ottawa, Ont,
2524
Ottawa, Ont.
2411
Toronto, Ont.
!__
—
3*/4
_
___
:
—_
_____—
.various
2 1/4
1
-
—various
Canadian municipal bonds sold in December
:
$9,430,477
fur¬
(State of)
Bond
Index
Un¬
changed—J. A. White & Co., Cin¬
cinnati, reported on Jan. 19 as fol¬
•
has
week and bids show
*/4
be
lows: The Ohio municipal market
been firm during the past
:
Dist.,
-
will
a
'
515,000
__3'/4
Ohio
Municipal
'
DECEMBER
opinion
Enclose
dOptional.
1944-1958
—
1,950,000
Canada
by
1944-1955
__
Niagara Falls, Ont-.™-
5,325,000
of
IN
obtained
Refunding bonds.
—various
——
1,500,000
Dominion
r
'
Que.
500,000
issued by New York-City as follows: $243,000 000
$237,500,000 in 1941; $294,600,000 in 1940, and $302,-
funds
3*/a
2524
North
$1,989,003,300
r
or
multiples of
Principal and interest
certified check
for $125 payable to the City.
k$17,378,044
FINANCING
Rate :
2524
securities
loans
Rate
in
nished the purchaser at the City's
expense.
__various
Kingsville, Ont.
Leamington, Ont.
67,500,000
1942;
temporary
'
2524
None
in
munici-
be
said bonds have been taken under
"
•*
None
Tncludes
(87
December
$79,617,500
CANADIAN
None
"77
•
for
municipalities from agencies of the Federal Government,
None
1943;, $?'
ir
505,538.386
4.035,334,604 3,992,716,852 3,258,906,906 3,794,526,671 2,882,127,018
_
sales
palities covering 97 separate issues)
$90,000,000
f.
Bonds U.
bond
Total
k Not
to
the supervision of Squire, Sanders
& Dempsey of Cleveland, whose
100
100.49
1953, and $2,000 in 1954.
the authorization and issuance of
136,000
-——
4
Ohio
Youngstown,
Zion,
1953-1970
1960-1961
noon
(M-S) payable at the Athens Na¬
tional Bank. All proceedings for
T.92
*
until
Feb. 7 for the purchase
interest
1945-1954
—lVa
Trimble
on
—-
'bids
$11,000 not to exceed 5% swim¬
ming pool bonds. Dated Sept. 1,
1943.
Denomination $1,000.
Due
Sept. 1 as follows: $1,000 in 1945
1948-1955
Texas—_____4
Township, N. J
(State of)
Offering
scaled
of
County, Castleberry
School
OHIO
Athens, Ohio
Tax
Tennessee
2625-153
IV2S.
as
County Special Road &
Teaneck
2410
dl50,000
a
rd200,000
1964 '.'!
Salt
Special
were
maturing Feb. 1,
The next highest
bidder
was
Vance,
Young
&
Hardin for $5,000 l%s, and $15,000 2s, at a price of 100.055.
30,000
1950-1958
—3
District, Mo._lV2
St. Louis County Independent
School District No. 35,. Minn._l%
18
and $10,000
1963,
45,000 '
1945-1959
2*4
Jan.
on
3.00
1945-1947
„
2626
Mex
2s,
r31,000
__——
56
sale
price of 100.20, a
1.732%, as follows:
$10,000 maturing Feb. 1, 1962, as
Putman
2524
for
Cincinnati, at
■
Yellowstone County School
1,059,984,636
pay¬
1947
2304
880,685,488
$1,000,
3
Que.
+2,823,246,02812,338,373,944
check for
certified
a
Fla—
2411
m J
re¬
County,
(perm
Placed
be
County,
Winter Garden, Fla
lo
Canadian
will
Pasco
2628
"Temp. loar,.\
bid
Pasco
2625
1939
his
The
54
Texas
1940
the
54
Texas-^-^.——
1941
of
able to the State Treasurer.
1-48,000
—1.10
bonds
approving opinion of
Reed, Hoyt & Washburn of New
York, will be furnished. Enclose
Tio
■
35,000
Ohio—
Y
Ridge,
companying
1.03
turned.
rl4,000
1945
—0.65
l'/a
Middletown; Ky._—T
N.
100.23
rlo.OOO
——
Canton,
from
the contract to purchase the bonds
and in such case, the
deposit ac¬
T~59
100.01
19527"":.
holders
ful bidder may, at his
election, be
relieved of his obligations under
102.50
8,500
r700,000
„——
l'/t
111.
Normal,
T-79
100.01
1945-1953
___1.10
of)
Too. 01
1945-1950
Ind.
(State
3,500
12,500
1944-1948
2
all of the bonds until their
maturities.
No bid of
type and character shall be
taxable by the terms of any Fed¬
eral income tax law, the success¬
28,000
1944-1950
g__1%.
Fla.__
deter¬
aggregate amount of interest*
upon
vate
1.36
1944-1956
be
bonds the income received by pri¬
2.67
1944-1950
—1.80
100,13
100.21
1957-1962
to
the total
premium bid from
same
300,000
1954
4
—
County,
2522
Park
L36
1-166,000
2.70
—
County,
North
L65
100T3
800,000
School
2406
219
Too" oi
d56,500
Mankato
2626
TOO~03
cost
deducting
less than par and accrued interest
will be entertained. In the event
that prior to the delivery of the
17,500
—2
40,000
County,
North
2.07
36,500
rlOO.OOO
1945-1949
2521
152
1.46
100.005
25,000
r59,355
1944-1953
such
by
respective
T.46
100.27
1944-1956
1945-1969
_3V2
j
the
2.675
100.27
^.^2.20
—
56'
T.73
73,700
+_2te
56
154
1944-1956
_______various
,.x—
County, 111
mined
amount of the
1-26,000
.
Tenn.
2410
bonds
lowest interest cost to the
County,
Mich.
Springs,
offering to purchase the
the
at
School
Huntington, N. Y
Indian River County Wabasso
2520
1
1942
each
12,500
2625
Waco,
523,704,607
952,615,173 1,233,706,974 1,125,901,000
686,865,385 1,130,138,301 1,424,106,245 1,495,510,061 1,181,237,632
and
2520
Waco,
435,223,191
rates,
100.01
Page
1943
Of
2.69
100.01
100.01
all these forms of securities put out in each of the
Perm. loanr
during
v
r84,000
Waco,
last five w
650,000
100.01
rl87,000
1956- 1957
•
of
two
for
name
rl60,000
2410
43,642,050
bid may
no
rl74,000
18,393,308
36,268,599
balance, but
than
part
rate
1962- 1964
$523,7(14,607
S+-"' s, $586,865^385 temporary municipal loans negotiated,
$220,985,273 obligations of Canada, its Provinces and municipalities,
(not includ in" $2,170,800,000 temporary issues or Dominion war
loans araoo.;•*"•••* to $2,692,260,750).
In the following table we furnish
In
the
another
1960- 1962
17,378,044
was
Total
2.69
and
1958- 1959
Waco,
during the calendar year
$1 "43.073,854, including $435,223,191 of new issues of longterm bonds by the States, counties and minor civil divisions of the
a
maturities)
Each
(having the earliest
—2.70
2410
month
bonds
rates,
for
rate
one
———_2.70
2410
Average per
name
or
1%,
of
1-89,000
1952- 1955
2.70
2406
The tf'trT of all municipal loans put out
United
of the
1.37
100.01
may
rate
%
"County, Fla———2.70
Haubstadt, Ind.
A—4
District
1943
100.73
interest
multiples of
r78,000
,—2.70
$435,223,191
—
22,100
1951
Hardee
in
bid
r501,000
1974
the
name
100.39
78,000
„__4.___2.70
2410
Total'
5,400
1946- 1955
•
•
38,075,880
17,016,303
36,854,360
30,798,098
V
0.92
$25,000 Feb. 1, 1957 and 1958.
Registerable as to principal and
interest
(F-A) payable in New
York.
Bidders are requested to
15,000
1953
—1
2523
Z
50,947,363
———.
Due
',,256,000
County, Mont
$23,195,332
—
December
2.75
1944- 1953
.
16,589,990
November
59,702,347
1.46
100
—2
•
,
100.17
1944- 1948
2>/2
_
——1'
_
—
Island,
30,000
400,000
Dist.
—:
H.__
2.26
3.95
Town¬
$20,530,382
October
48,889,344
22,647,568
36,473,632
l
1942
sealed
100.30
2.25
3,500
County, Ky
Van Wert, Ohio
Vincennes, Ind,.
September 'a
49,616,172
———
April
July
1943
•
March
June
1942
receive
1944-1958
—2%
Mich.—
Golden Valley
The
years
a.m.
100.21
•_
Clinton
Fractional
No.
2407
111.—
District
1941
'•457,140,955
will
r33,000
1950
1945-1956
School
and
35,779,384
2.00
rll5,Q00
2.30
County
Note---124'p. '1942
;
-
Commission
bids until 11
100
(EWT) on Jan.
25 for the purchase of $50,000 not
to exceed 6%
coupon road and
bridge refunding bonds,
Dated
Feb. 1,1944. Denomination $1,000.
4
Suwanee
1,487,313,248
1916
186,773,236
—
Too"""
District,
—
Erin,
..
,
———
r36,000
Bridge
*
School
Pa.
2626
2406
Fla
Pa
2625
1917
160,000
1,500
1944-1957
'
2'4
2523
1918
1,256^254,933
Easter-
E.
4.00
1945-1954
—3
Culberson County, Texas
exchange programs offered
1930!
849,480,079
45,760,233
.
C.
Offering—W.
1944-1953
158
City'of , Phradftlphia, Pa;, in those years;
The 1940 aggregate does not include
private placement of $309,664,300 New York City corporate stock in connection with
acquisition o
.
:-v'»to. transit systems.
■'•■.;//;'V+
117,952,271
:
1931
100
N.
Bond
ling, Secretary, Local Government
_2
Courtland S. D., Miss
.
.
City School. District,
Bridge District No. 2, Fla—2.10
Lake City, Utah,
0.56
Saratoga Springs, N. Y
—1.40
Sedalia, Mo.
—1
Stokes County, N. C——21/2-2,/4
1932
rdl2,000
1.41
2520
December
Randolph County (P* O. Asheboro),
dlO.OOO
1946-1957
School
3.00
series
of years.
State Treasurer.
100
Pinellas
as
1.61
101.44
2520
following table shows the aggregate of State and municipal
$3,000, payable to the
2.14
100.86
60,000
23,000
Pa.
The
for
certified
a
100.49
1946-1957
Perry, Iowa
permanent i sues for December
check
390)
page
Enclose
36,000
1945-1964
Pendleton,
265
Linden
School
2409
were
(Continued from
r$100,000
1944-1955
l*/a
Okla.l'/t
Chickasha
2410
In December, 1941, the figures
1953
.
1944-1954
Cherokee, Iowa
2406
ecember, 1942.
i3/4
28, N, D—
2627
and 107 for D
respectively.
Basis
Price
furnished.
—
County
District
emitting bonds and the number
separate issues made during December, 1943, were 87 and 97
respectively
This contrasts with 75 and 86 for November and was 99
and 343,
Amount
&
Iowa
2521
153
of municipalities
of
Special Road
Bridge District No. 1, Fla.—_2.20
55
2523
"Includes tr; porary Securities
Maturity
record of the various municipal issues brought
a
December, .1943:
Alachua
2524
Total
Rate
give
we
2626
1939
.1940
$
18,393,308
55,000,000
"Temp, munic. loans (U, S.),
Canadian
/.
g
:
17,378,044
S.)
1941
1942
,
391
because
of
the
no
Fourth War Loan Drive.
dex
•
weakness
opening
of
the
Our in¬
of the yield on twenty Ohio
municipals today stands at 1.40%,
unchanged
from
the • previous
week.
The yields on
10 high
grade bonds and on 10 lower
grade bonds again are 1.23% and
1.57%, respectively.
THE
392
bonds
Okla.
which
Sale—Alva C. Shelton, $15,637.50.
Midwest City,
Bond
Town
indebtedness (both
matured
and
interest),
will come in 1960, will be
bonded
ent
OKLAHOMA
Cleri^, reports that the only
for the following
of par for
$225,000 bonds, an offer
Gs, was accepted: $200,000
works bonds; $25,000 fire
"
PUERTO
received
bid
Puerto
water
Rico Water Resources
and
,
San Juan),
Puerto Rico
/
equipment bonds. The $200,000 bonds mature $9,000 in 1947
;
RICO
Authority (P. O.
station
Maturity of Bonds r~ Following
is the maturity schedule of the
1968, and $2,000 in 1969; the
new
issue
of $20,000,000 214%
$25,000 bonds mature $2,000 in
electric revenue bonds, of which
1947 to 1958, and $1,000 in 1959.
$10,200,000 were publicly offered
These are the bonds authorized at
on
Jan. 13 by the First Boston
the election held on Dec. 28, 1943.
Corp., New York, and Associates.
to
Detailed account of
PENNSYLVANIA
Johnstown,
Plans
Pa.
— A
reconri
presented to the
Refunding
mendation
was
'Principal
City council to refund $150,000 in
maturing bonds to balance the
Amount/.;'
Pa,
Offering—Leland Estelle,
Borough Secretary, will receive
sealed bids until 8 p.m. on Jan. 24
for the purchase of $13,500 not to
Bond
interest
314%
exceed
coupon,
registerable as to principal only,
bonds. Dated Feb. 1,
water works
1944,
$500. Interest
Denom.
F-A.
$500 on Feb. 1 from 1945
1971 inclusive. Issued subject
Due
to
to
favorable legal opinion
of Towns-
end, Elliott & Munson
of Phila¬
delphia. A certified check for 2%
of the bonds, payable to order of
the District Treasurer,
These bonds
is required.
will be payable from
Is¬
the
Municipal Borrowing Law of the
Commonwealth (Act of June 25,
1941, P. L. 159), a$ general obliga¬
tion utility bonds, which shall not
be
considered
a
debt! of the
borough within the meaning of
Sections 8 and 15 oriArticle 9 of
the Constitution of Pennsylvania
unlimited ad valorem taxes.
sued under section
601 of
because the
net revenues
the water
from
derived
works to be ac¬
quired for a period of five years
have been sufficient to pay the
interest and sinking fund charges
during said period upon the pro¬
posed issue.
Washington County (P.
O. Wash'
ington), Pa.
Bonded Debt Being Reduced—
The county's
bonded debt account
during
1943
by
reduced
was
included $15,000
but not
presented for payment at the close
This
$165,000.
due from previous years,
of
$150,000 bonds ma¬
during 1943. The
bonded debt account of the
1942
and
tured and paid
total
1944, is $2,529,$7,000
1943, which
been presented for pay¬
county on Jan. 1,
000.
This does not include
matured bonds during
have not
ment.
During 1943 the taxpayers paid
out $150,000 for bonds that had
matured, and $115,098.75, in inter¬
est on the bonded debt, making a
,
264.
/,: ■';
■
•.;.■/4
; Hue
/
.: ":
1945 Jan. 1*
/'
•
-
be awarded to the
to take them at
bidder offering
the lowest interest
Company
amortitzation fund.
built up the
UNITED STATES
United States Trust
of
The
city's contributions to
the
$5,500,000; of this, $4,932,000 came from interest ort de¬
Bond Offering—Bids will be re¬
linquent and extended taxes and
delivery. The right is reserved to ceived until noon (EWT) on Jan.
deferred street improvement in¬
reject any and all proposals, and 25 for the purchase of $1,629,000
stallment assessments, while $568,in the event that all bids are re¬ various block of state and muni¬
000 represents interest received
jected the County Board of Com¬ cipal bonds.
on security investments and bank
missioners reserves the right to sell
balances.
The
fund
itself has
said bonds at private sale at a
WEST VIRGINIA
earned $4,600,000 interest from the
price in excess of the highest bid
investment of these monies.
West Virginia (State of)
received in pursuance of .this call,
With the help of $300,000 to be
Receipts Exceed Expenditures
or, in its discretion, to readvertise a call for bids. Principal and —It was announced at Charleston provided by a recent tax levy for
bond principal due in 1944, the
interest payable at the Chemical on Jan. 4 by Cleveland M. Bailey,
Public
Debt Amortization fund
Bank
& Trust 'Co., New York State Budget Director, that the
by the State will be in' a position by the end
City. Purchasers are required to revenue derived
of this year to assume the remain¬
furnish the printed bonds, but from gross sales, consumers, beer
will be furnished with an opinion and a few minor taxes exceeded ing outstanding bonded debt, pay¬
on
their
validity
by
Huger expectations during first half of ing both principal and interest in
the future as they come due.
Sinkler of Charleston. Enclose a the current fiscal year, but that
price not less than par
and accrued interest to the date of
cost
at
a
New
York
fund total
Excluding the bonded debt re¬
payable liquor profits were well below
quirements for 1943 and 1944, the
The legislative estimates.
bonds will be general obligations
He said that receipts for the budget for 1944 is $2,700,000 high¬
145,000
.
of the County, payable as to both State's
general
revenue
fund er than for 1943; despite this in^»
315,000'
/•.,/■'
principal and interest from an ad totaled about $18,800,000 during crease, there has been a reduction
320,000 :
'
320.000
July 1* valorem tax upon all taxable the July-December period and he of $1,500,000 in the total city levy
330,000
/ ; V
1948 Jan. 1* property within the County, with¬ predicted that by next June 30 for 1944 and of $2.03 per thousand
330,000
vriYJuly 1* out limitation as to rate or they would amount to approxi¬ of assessed valuation in the tax
rate. "
*
:•••
mately $2,500,000 over estimates
340,000;
1949 Jan. 1* amount.'
South Milwaukee cut its tax
in the 1943-45 budget act;
340,000
July 1*
rate $4 per thousand in 1943 and
345,000
1950 Jan. 1
It had been anticipated by the
y"';' TEXAS
350,000
..
July 1 Dallas City and County Levee Im¬ 1943 Legislature that the revenue $3 for 1944, The budget also in¬
cludes $2 per thousand for post¬
350,000
1
1951 Jan. 1
would total $35,210,000 during the
provement District (P. O.
war reserves.;
South Milwaukee
360,000
July 1
first year of the current biennium
Dallas), Texas
<
has $85,000 in government securi¬
360,000
1952 Jan. 1
and appropriated $39,251,000 for
Payment to Creditors Scheduled
365,000
'
July! —The Bondholders' Committee governmental operations during ties set aside for street repair and
equipment replacement and $55,- ,
370,000 f/'Z-Vri1953 Jan. 1
for the above district is announc¬ the 12 months.
000 for water pumping station im■
375,000
>:•
- • .
July 1
On the basis of the present in¬
380,000
'
1954 Jan. 1 ing, in a letter dated Jan. 19, 1944, come and due to the liquor provements.
to holders of certificates of de¬
West Allis maintained constant
385,000
July 1
posit and to holders of district profit decline, Mr. Bailey said tax rates for several years to per¬
390,000
'
1 1955 Jan. 1
bonds that a payment of $5 per that the State may have to use mit the city to build up a fund of I
395,000
"
July 1
about $2,500,000 of its surplus to
deposited bond will be made on
$2,095,000 in U. S. Treasury bonds
400,000
1956 Jan. 1
Feb.
11 on the bonds deposited meet its bills in the fiscal year if to retire its entire debt. The cri¬
405,000
'
July 1
the
money
appropriated is
with the committee at Jan. 29, all
tical point in the city's finances
410,000
1957 Jan. 1
• '
'
1944. This payment is made post spent.
came in 1935, the association said,,.
415,000
/ ; ■
July 1
The budget director said that
sible as a result of the collection
"when
delinquent tax payments
420,000
1958 Jan. 1
of certain judgments held against during the recent six-months' pe¬ started to come in.
Instead of
425,000
July 1
riod
the
liquor profits totaled
the district, the letter states.
A
spending this money the city put
430.000
1959 Jan. 1
only $500,000 against an estimate it into a sinking fund. In addition
total of $2,778,000 bonds, or about
435,000
v July 1
46% of the entire issue, have been of $3,250,000 for the full year. In to its sinking fund for its debt, the
440,000
1960 Jan. 1
deposited with the committee and the 1942-43 fiscal year the sale of city levied $325,000 in 1943 and
445,000
r
July 1
inquiries regarding the situation alcoholic beverages netted the will levy $250,000 in 1944 for a
455,000
1961 Jan. 1
'
should
be addressed to W. D. State $4,650,000.
post-war municipal improvement
460,000
:
'
July 1
He reported that the gross sales
Bradford, Secretary of the Bond¬
fund. This fund then will have a £
460,000
1962 Jan. 1
holders' Committee, 115 Broad¬ tax collections totaled $10,570,598 balance of approximately $1,000,- .'"j
470,000
July 1
during the July-December period ooo.
v
way, New York 6, N, Y. Other in¬
j
475,000
•:.■■■ 1963 Jan. 1
formation contained in the letter compared with a 12-month esti¬
480,000
July 1
mate
of $18,750,000, and
added
is as follows:
WYOMING
485,000
1964 Jan. 1
that the revenue from the levy
As a result of committee suits
495,000
July 1
Wyoming (State of)
j
probably would exceed the ex¬
against the district, foreclosure
495,000
;
■
1965 Jan. 1
Local Units Prohibited From Is- j
pected total by about, $2,150,000
505,000
/
July 1
proceedings have been brought
suing Utility Revenue Bonds—In j
at the end of the fiscal year.
510.000
1966 Jan. 1
against substantially all delin¬
Consumers' sales collections, he a decision rendered November,
520,000
-V
July 1
quent properties of the district
added, now total $5,829,372, while 1943, in the case of Jensen vs.
and judgments against many large
525,000
1967 Jan. 1
the
estimate
for
the
year
is Village of Alton, 143 Pac. (2nd) J
535,000
"
/,
July 1
delinquents were obtained during
190,
the State Supreme Court
the closing months of 1943.
Some $8,500,000.
535,000
1968 Jan. 1
that
under the laws of '
In addition the State has taken ruled
545.000
July 1
of the judgments have been paid
in $64,461
in settlement of old Wyoming, municipalities were not j
or are in process of payment.
550,000
1969 Jan. 1
A
authorized
to
issue
municipal, j
personal income tax accounts. No
*These bonds did not ccinstitu- judgment against the largest land
light plant revenue debt until J
revenue from this source was in¬
owner, Industrial Properties Cor¬
tue part of the offering as ar¬
cluded in the budget estimate be¬ further legislative approval was )
rangements for their sale had poration, including levee district cause the tax was abolished by given.
been made previously, the under¬ taxes, penalties and interest ag¬
the 1943 Legislature.
writers announced/ Nor did the gregating $304,569.18 was entered
The beer barrel tax produced
offering
include
$6,950,000
of on Dec. 1, 1943. A motion for a
$607,238 in the past six months
Bonds constituting a portion of new trial of this action was argued
ALBERTA
■' j
against an estimate of $1,000,000
Jan. 8, 1944.
each of the semi-annual maturi¬
$270,000
budget.'
New Albany,
the financing
appeared in v, 159, p.
Monday, January 24, 1944
COMMERCIAL & FINANCIAL CHRONICLE
Jwiy
1946 Jan.
July
1947 Jan.
140,000
i*
1*
1*.
1*
certified check for $3,500,
to
the
County
Treasurer.
,
.
■>;■']
■
■
CANADA
v!
for the full 12 months.
Charter
Alberta (Province of)
With regard to suggestions that
to
Jan.
1,
taxes have
brought in $262,000
Interest to be Paid—S. E. Low, j
and July 1, 1960 a plan of reorganization be pre¬
total
of
compared with an estimate of
$265,098.75.
However/ to Jan.
1,
1968,
inclusive,
as pared,
the
committee's letter $600,000 and the inheritance to¬ Provincial Treasurer, is notifying ]
there was still a balance on Jan.
these
bonds
had
holders of debentures which ma- !
already
been states that foreclosure proceed¬
taled $238,375
against an esti¬ tured July 15, 1941, that interest i
1, 1943, of $26,676.25 of matured sold.
;;//\ /■
■
v.
ings against all delinquents are
mated $600,000, but
bonds
and
interest
from
1942
Mr, Bailey will be
Note: The formal announcement moving to a point where data will
paid to holders of these
which had not been paid, making
pointed out that the bulk of pay¬ bonds at the rate of 214% in re-r
of
the
public offering of the be available upon which to formu¬
ments on these two levies come
a grand total of $291,775 paid on
bonds appeared in the "chronicle" late a plan of reorganization.
In in the last six months of the fis¬ spect of the half-year ending Jan. ;
the bonded debt account in 1943,
of Jan. 13, on page 177.
the
meantime, • the
committee
15, 1944, being at the rate of $11.25 ;
cal year.
During 1944 there will be a re¬
for each $1,000. The Province will \
states that it will continue to ac¬
■'/'
•/ ■; "/
•*":
'
• ''/
duction in the amount of interest
RHODE ISLAND
also pay to holders of its deben- {
cept deposit of bonds and calls
to be paid on the bonded debt ac¬
WISCONSIN
tures which matured Jan. 15, 1939, j
attention to the possible effect of
Newport, R. /.
count, which will bring this item
interest at the rate of 2 14 % per '!
a
Texas
statute of limitations
Milwaukee, Wis.
Note Sale—The $100^000 notes
down to $108,636.25 or a reduction
which may be raised as a bar to
City and Adjoining Units Re¬ annum in respect of the half-year j
offered for sale on Jan. 20 were
of $6,462.50.
:
...
the enforceability of any obliga¬ duce Debts—Municipalities of the ending Jan. 15, 1944, being at the \
The
bonded
debt
payments awarded to the Boston Safe De¬
tions more than four years past Milwaukee area have* made some rate of $12.50 for each $1,000. Thef
reached their highest peak in 1939 posit & Trust Co, at 0.40% dis¬
due, In this connection the com¬ enviable records in the, fj.el(j of Province will also pay to holders J
when
bonds
matured
to
the count, plus a premium of $3.00.
mittee's letter states that at the municipal finance during the last of its debentures which matured ;
Dated
Jan.
amount of $180,000 and $148,593.75
21,
1944.
Denom.
moment it regards any obligation few years, the Municipal Finance Jan. 15, 1942, interest at the rate
was paid in interest or a total of
$25,000, $10,000 and $5,000.
Due
of 214 %. per annum in respect of j
of the district in default for more? Officers Association reports.
Nov. 9, 1944.
The next highest
$328,593.75,
Milwaukee shortly will have a the half-year ending Jan. 15, 1944, !
bidder
was
the First
National than four years without action by
There will be reductions each
the holder as being of a doubtful reserve fund equal to its entire' being at the rate of $11.25 for each
Bank, Boston, at 0.41% discount,
year with the exception of 1945
enforceability.
outstanding debt, the association $1,000. On presentation of their j
debentures for notation thereon, j
(when there will be a slight in¬
SOUTH CAROLINA
reports; South Milwaukee, a com¬
crease), until 1953 when the total
El Paso County (P. O. El Paso), munity of 11,134 population will holders of bonds matured July 15,*}
Charleston County (P. O. Charlesamount to be paid will be $210,be entirely debt free in 1948; W§st 1941 will be paid interest at any
T exas
381.25.
The next year it will drop
ton), S. C.
branch of the Imperial Bank of
Allis, of 36,300 population, has^a
Bonds Sold—Emerson & Co., of
Bond Offering—-E. H. Robert¬
to $198,031.25; but 1955 will see
Canada, or at the Bank of the
sinking fund sufficient to pay off
a big
Manhattan Company, New York ;
son, Chairman County Board of San Antonio, purchased recently
jump to $226,425.
Then it
its entire debt.
\.1(
will begin to drop again in 1956, Commissioners, will receive sealed
the following $879,000 refunding
Milwaukee. accumulated its re-> City, or at the office of Lloyds ;
the total requirements for that bids until 11 a.m. (EWT) on Feb.
Bank Limited, in London Eng- ;
serve fund, which by„ the end of
bonds; as 2s, at par:
year being $202,906.25.
In 1957 9 for the purchase of $350,000
1944 will equal the $10,300,000 of land. Bonds Matured Jan. 15, 1939 }
there will be another big drop, public improvement bonds. Dated $369,000 Road and Bridge bonds.
debt outstanding, through a Public and. Jan.15, 1942 will be paid in¬
down to $164,786.75, only to rise Feb.
1,
1944.
Denom.
$1,000.
420,000 court house and jail and Debt Amortization fund set up in terest at any branch of the Im-/*
.again in 1958 to $168,075.
How¬ Due $35,000 Feb. 1, 1946 to 1955.
1923. City officials point out that periaf Bank of Canada, or at the f
poor farm.
Bidders are invited to name the
Bank of the Manhattan Company I
ever, in 1959 ft will take a decided
Dated Feb. 1, 1944. Due in 1945 it was the delinquent and deferred
of New York City.
drop ton. this tjmp to
1
*0; rate or rates of interest which the
installment taxpayers who have
bonds are to bear and they will to 1954.
and the final payment of the pres¬
ties
Jan.
1,
1950
1959, inclusive,
,
"
,
,
@FedFRASER