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Volume
New
Number 4243
159
PUBLIC UTILITY
-
INDUSTRIAL
-
Sales,,'
Net.
of
Cost
Profit
Sept.
-
INSURANCE
sales-,
on
Commissions
:' $5,673,730
'
'
paid three liquidating dividends, totaling $3.95 per share and aggre¬
gating $740,771. Holders of common stock also received approximately
42 cents per share and aggregating $78,628 in the form of a deficiency
dividend.
,7' .'i: ;...v;.vt" v,t
\
Previously and on Feb. 15, 1943, company's 4,426 outstanding shares
of preferred stock were retired at par of $100 per share plus accrued
dividends of $2.25 per share, aggregating
a payment
of $452,558.—
earned
52,380
—______
V.
gross
Operating
Other
____
income
income
_____
(Excess
profits
Normal
Net
value
profit
paid _1
Earnings
0Includes
on
of
$1,135,551
124,787
■'■■■_"■ $8.42
•
_•
______—_
______
—.1
compensation of $51,709 to certain officers,
special
Stock and Bond
$108,700. r
77
/ ■ -y;-
based
: 'T-vVy-1
depreciation and amortization of property, plant
amortization of leasehold improvements, charged
manufacturing, and other expense classifications, totalled $188,563,
railway„—
railway
oper, income—
Net
ry..
•
From
Montreal CurbExchange
Net
from
Net
ry.
66,521
4,004
>864,364
,107,678
576,198
621,320
158, p. 2245. ',
Net
-
V.
158,
Condition
Alabama Power
333,040
Operating
21,514,981
17,927,843
10,035,697
3,815,435
1,927,499
2,167,474
Fed.
Int.
&
1943—12 Mos.—1942
1943—Month—1942
$2,592,493
.
1,118,244'
' 265,600
$2,344,926 $30,077,538 $28,237,080
757,329
9,741,669
9,647,076
3,171,600
250,000
2,988,490
2,953,079
2,685,340
1,572,403
873,941
563,7l0
164,049
$644,938
$1,173,547
deductions
other
311,657
531,346
L_„
$333,281
$642,200
$4,820,070
$3,727,819
189,082
189,082
2,268,985
2,275,223
3,970,495
______
Divs.
—
.
stock
pfd.
on
1'
110,154
$8,668,291 $11,932,078
3,848,220
8,204,259
______—O
Balance
r—V.
158,
I
'
p.
'$144,198
$453,118
revenue
profit
•After
on
;
the
$1,452,595
1943
1942
$654,177
$542,404
v- 3,209
17,863
'
—
depreciation
payment of $107,338 in 1943 ancl $25,893 .in 1942 for-interest
income, -mcrJigage bonds.—V. 149, p. 1315.
6%
Alliance Investment Corp.—Dissolved—
The
corporation has ceased to be an investment'company and its
will terminate,, immediately, the Securities and Exchange
•registration
Commission* ordered' Dec.
Alliance
,1943,
as
was
a
organized
result
of
All
of
the
State
of
•"*
27.
March .27,
appropriate
stockholders, company
.laws
who has
has been
the
Black,
Executive
,4;
:
•
v
years.
Network Co.,
Inc.
undertake
to
the
man¬
Figgi\
W.
chosen to
succeed
,
has
Sullivan as President and
in charge of sales, has been
Mr.
Figgis,
Mr.
1936;
Mr.
Vice-President
Colt, President of the Bankers Trust Co. of New York, has
director.—V.
a
158,
p.
2357,
Inc.—Earnings—
J
Sept. 30—
for
reserve
provision of
possible
income
$681,810 for income tax
1942 ~
$5,176,912.
1943
$954,481
profit__„L___:_._-_^--_—■
•After
;
.
Vice-President of the company since
since 1.940.
has been
9 Months Ended
•Net
'
1940, has been elected
been Executive Vice-
since
who
succeeding
Vice-President,
been
Sloan
President, Etc.—
President
been
.D.
who has been Vice-President
Figgis
has
board;
American Export Lines,
tax of $1,350,000 in 1943
in 1942.—V. 158, p, 2150.
and
of
American
Exchange_i_-i-_L-?595
Power
Light Co.
&
Period End. Oct. 31—
Operating
i_ 1..12595
Federal taxes
1943—12 Mos.
Mos.—1942
$
$
$
revenues
$
34,286.221 ' 31,074,109 132,400,345
13,466,223
12,332,120
49,868,822
____
Operating expenses
———2619
(& Subs.)—Earnings-
1943—Month—1942
Subsidiaries—•
Exchange.—1.2595
121,666,327
47,951,110
4,758,186
2,295,475
18,792,205
2,523,105
__2__
taxes
2,329,946
10,102,361
15,854,151
10,036,673
and deplet.
2,930,145
2,956,525
11,801,152
11,713,623
10,608,562
11,160,043
41,835,805
36,050,770
107,256
59,082
351,160
152,202
10,715,818
.reserve
.
Other
11,219,125
42,186,965
36,202,972
De
Haven,
000,000
V.
was
1925
action
y-
in
of its
formally dissolved
^Delaware.
board
in
of
On
Feb.
directors
accordance
19,
and
with the
Delaware.
company's assets, were
reduced to cash and, except for $17,604,
.
income
\net)____
dispatch.
President,
to
Allied
said
a
income
interest to public &
Net
provided for payment of aboht $27,profit of $22,400,000 after taxes. (See
it
Mills, Inc.,
Gross
deductions
other
3,838,525
3,946,523
15,641,753
15,722,965
6,877,293
7,272,602
26,545,212
20,480,007
1,786,149
1,792,946
7,157,302
7,171,751
5,091,144
5,479,656
19,387,910
13,308,256
11,973
17,558
53,101
41,539
5,079,171
5,462,098
19,334,809
5,079,171
5,46^,098
19,334,809
28,725
16,913
80,675
64,604
5,107,896
5,479,011
19,415;484
13,331,321
390,474
2,787,858
158, p. 2149.)
Balance
.New Vice-President—
On
Dec.
17,
pany.—V.
158,
J.
p.
J.
Quinlan
2461.
♦Pfd.
■-
elected
was
;'
'
Vice-President of
=;:
■■■
r.
the
divs.
to
public-..
com-"
Balance
;r-:
____________
Portion.,
applicable
minority interests
Allied Stores Corp.
Period End. Oct. 31—
Total
sales..
net
•Total
Profit
taxes
taxes
Corp.—Earnings—
—
before
many
Can Co.—New
Sullivan,
been elected
Earnings—
1943—3 Mos.—1942
*
$
,
-1942
1943—12 Mos,
$
'
>
&
$ *'
49,617,387
43,081,495
49,542,403
Fed,
Net
5,477,413
4,486,310
18,968,489
surtaxes
Co.
13,323,548
.
of
_™,
3,600,000
2,700,000
12,000,000
7,010,000
Corisol.
net profit..—
1,877,413
1,786,310
6,968,489
6,313,548
$0.88
$0.82
$3.23
.
13,266,71'
Light Co.—
company
.above; '
income
Total
income
income
Power &
equity
(as
Other
on
in
subsidiaries
American
inc.
res.___
equity of Amer. P;
L,
of
43,081,495 192,557,907 163,163,012
spec.
&
Net
194,580,918 164,006,611
^
before
to
'
sales_._.__
net
&
(& Subs.)
(Proy. for est. Fed, exc.
profit* taxes, normal
6 Months Ended June 30—
Gross
$2,551,084
2245.
Allerlon New York
•Net
for
Blue
the
President,
Other
'•
income
Net
.
J.
made
/
Co.—Earnings-
taxes—J-
income
of
C. H.
County (111.) Recorder of Deeds, according to an Associated
The transfer was part of a $27,000,000 transaction.
The stockholders on Dec. 8 ratified the sale contract, when John B.
profits tax.
excess
Gross
v.-'
Young & Rubicam, one of the larger agencies,
board
1,515,894
taxes
income
risk
/
the
of
the Peoria
——
the
.
of
American
Federal
Banks
However, I have in mind, at
fuller knowledge of the enter¬
period.
obtained
have
I
2,443,679
2,776,325
depreciation
1
General
Member
of
indefinite
an
when
measure
director
a
M.
7.494.008
8,929,844
expenses.—_
for
Prov.
Federal
Statement
Auction Sales——.—
253,349
10,594,372
for
d..te
can
..
__2S19
Stock and Bond Averages—_—
$729,449
151,379
hold
Prop, retire,
Period Ended Nov. 30—
revenue
-2609
2619
of
....
agement of the Tanning Products Export Corp., which has headquarters
Buenos Aires and supplies tanning extracts to the American tanning industry.—V. 158, p. 1630.
■
2612
Statement
1940
Press
Gross
Condition
~:
committee.
■it»
S.
Transactions N. Y. Curb
-.V
411,507
251,424
1,086,102
309,071
income—J
2245,
' v
p.
-2609
■Mr.
Transactions N. Y. Stock
$1,034,737'
$1,952,611
969,522
oper.
ry.
1941
1942
$1,957,061-
railway____
Net from railway,—
Net ry. oper. income—.
From January 1—
Gross from railways,-..
Net from railway-—
from
Gross
and
-2609
Reserve Banks
RR.—Earnings—
1943
to
Black
Combined
of
At present he is head
of thq War Advertising Council, the coordinating agency for contri¬
butions of the advertising industry to the war.
'v-t 1 f .
Lunsford Yandell on Dec. 31 resiged as Vice President, Treasurer
Federal Reserve System—_--.__.2619
November—
executive
the
Chairman
Investment News.2573
'
,
Alabama Great Southern
of
Mr. LaRoche was with
as
-2608
1.~_ .~T_-,
Foreign Exchange Rates.
25%
President of -Time, Inc., has been elected a director
and Mr. LaRoche has been made a director and
stockholders."
-.2608
The Course of Bank Clearings
429,619
.
..2607
-2608
Exchange
Inc.—Sells
System,
Broadcasting
v,v
and
Redemption Calls & Sinking Fund Notices—2613
Dividends Declared and Payable
2613
2,167,579
735,866
931,821
2461..
p.
involved in equity ownership, to
Invite participation by other management officials, fellow members in
affiliated stations'""and
possibly the public.
In ail probability such
shares would be offered by the company and not by any of the. present
^ J.~_ -
:
_
General Corporation and
59,087
.3,151,90?
1,048,301
1,685,401
2,719,371
Network
later
prise
Miscellaneous Features
T;
85,309
78,994
railway—T.¬
income™
•152,627
158,
Chairman
$218,917
,574
oper,
of
some
Toronto Stock Exchange—Curb Section.. -2611
-2311
Over-the-Counter Markets
1940
$255,947
118,514
4,116,717
railway,—
Stock
Toronto
January l—-
Gross,from
—V.
1941
1942
$318,588
136.612
!.
1,733,579
Noble, in announcing the sale of part of his holdings, said:
transactions leave me. with'substantial control of the shares
the Blue Network (American Broadcasting System, Inc.),
which I
State and City Bond Offerings and Sales...2624
$388,052
from
from
2,461,584
"These
..2608
Montreal Stock" RYchahge
wages,
1943
November-
;_—.
Stock Exchange
St. Louis Stock Exchange.
Akron, Canton & Youngstown Ry.—Earnings—
Net
18,236,451
4,878,438
14,927,081
10,710,325
3,521,649
B.ue
intend
.2607
Philadelphia Stock Exchange
Pittsburgh Stock Exchange-^—.—-
$47,492; accrued taxes (other
thaq income taxes), $103,304; accrued sundry expenses, etc., $45,287;Federal taxes on income of year ended Sept. 30, 1943 (est.), $3,009,900;
common stock
(par $i per share), $134,905; capital surplus, $555,024;.
earned surplus, $2,347,166; total, $8,413,435.—V. 158, p. 2357.
.:■
Gross
28,565,825
13,856,386
Mr.
..2607
Exchange—
Stock
the
.
,
.2606
Los Angeles
deposits, $64,031;. withholdings of em$30,113; accrued special compensation to officers,
and
34,077,082
income.—
Chairman
..2585
..2606
Exchange———,
Detroit Stock Exchange—
customers'
inbqme taxc,
accrued salaries
;
$51,710;
33,810
.
2__. ..2606
Cleveland
accouuti ' payable
$1,277,434;
banks,
payable,
55,407
Stock of Blue Network Co., Inc.—
Edward
J.
Nob.e, who recently acquired complete control of the
Blue Network, on Dec. 28 announced
that he had sold a I2'/2'4> in¬
terest in the national radio chain to Time, Inc.
In addition, Chester
J.
LaRoche, advertising executive, purchased a 12V2%
interest,; and
Mark Woods and Edgar Kobak, President and Executive Vice-President,
respectively, of the Blue Network, ■ acquired additional interests. ■
Time, Inc., and Mr. LaRoche were understood to have paid $1,000,000
each
for
their interest in the chain,
thereby reducing Mr. Noble's
ownership 25%; The interests acquired by Mr. Woods and Mr. Kobak
were
not disclosed, but were said to be smaller than the other pur-
of
-2601
Cincinnati Stock Exchange.
posits, $33,013: post-war refunds of Federal excess profits taxes (est,);
$116,700; sundry accounts receivable. $6,745; land, buildings, machinery,
equipment, etc. (less reserves for depreciation,, and for amortization
of emergency, plant facilities of $536,102ji, $757,313; special tools and
development, less amortization, $69,131.; prepaid taxes, insurance, rents,
etc.,
$50,109;
unamortized leasehold improvements,v $29:430; .1 total,
$8,413,435,
>-><
^' ,".v, '
/' •.
$747,069;
1,408,244
•
railway—
oper,
Roy E. Larsen,
Stock Exchange
Chicago
(including $1,050,000 set aside in special bank aceouhts), $3,230,673; U. S. Treasury tax notes, series C, and accrued
Interest, $802,247; accounts receivable (trade; (less reserve pf $40,500%
$1,547,885;
inventories, $1,770,191; mutual insurance and other deV
Liabilities—Notes
from
ry.
chases.
Exchange.
Stock
Boston
Assets—Cash
.{trade},
.:
Exchange:.--—
Stock
Baltimore
v/\'
Sept, 30, 1943
Balance Sheet,
Curb
York
New
Note—Provisions for
t'
.287,664
railway...-—_
from
Gross
Net
Quotations
Stock Exchange
New York
and equipment and for
to
$1,363,209
345,953
income..
oper.
■Net
Page
(After credit for debt retirement of $197,200 and. post-war
profits,
refund
i
:
_________—
Issue
This
16,800
tax__——_.
share on common
per
/n
130,930
v
__
Dividends
$1,700,507
1,586,120
January 1—
American
Century Distilling Co.'s
2,753,470
surtax—
excess-profits
the
(est.)—
tax___—_____
and
tax
Declared
income
taxes on
ry.
From
Distilling Plant Sold—
plant and equipment to Brookdale
Distilleries, Inc., of Wilmington," Dei., a subsidiary of National
Distillers Products Corp., for $1,763,000 was recorded on Dec. 24 with
of
107,162
__—_t—_____________—
Federal
for
Provision
Net
■
1940
194-2
$3,242,060
1,224,071
212,636
railway—
from
y
$4,143,913'
*
__
Neb
1941
1943
$3,155,009
railway—
from
•Deficit.—V.
'
Allied Mills, Inc.—Century
Sale
4,598
____
—.
deductions
Other
1,586,795
$4,139,314
—
income
Total
RR.—Earnings-
NovemberGross
$5,726,109
profit
administrative and general expenses.
Total
•Selling,
;
157,. p. 986.
MISCELLANEOUS
-
Alton
the payment of expenses and debts, have been distributed
stockholders.
Holders of 187,537 shares of common stock,
(having no par value and a stated vaiue df $2 per share) have been
among
J'.:•;■';■•
.$20,496,576
14,755,692
67,155
——
________———
plant facif. in excess of normal depr.
emergency
■
1943
30,
_______
goods sold
of
Amort,
Ended
Year
Account,
Income
,
'' ■:-
Copy
a
Investment Mews
applied to
Inc.—Annual Report—
iir Associates,
60 Cents
Price
York, N. Y., Monday, January 3, 1944
'Generali Corporal Ion an A
RAILROAD
1944
JAM 5
MONDAY
—
13,266,717'
$2.82
Expenses
88,774
Earns., per
com.
share.
•Excluding sales of stores not owned at all times during both periods.
(The provisions for Federal taxes on income have been made on the
basis of applying the "last-in, first out" principle of determining the
amount of certain merchandise inventories.
•
■<
Net profit for the nine months ended Oct. 31, 1943, was $4,940,374,
equal to $2.27 a share on common, comparing with $3,653,313, or
$1:52 a common-share,- -for- the
same
period a year ago.
Federal
income and excess profits taxes, normal taxes and surtaxes on income
totaled $9,200,000 as against $5,700,000.
Net sales for the nine months ended Oct. 31 ,1943, totaled $138,378,-*
290, as compared with $114,625,536 for the nine months ended Oct. 31,
1942, an increase of 20.7%.—V. 158, p. 2461.
tlncome
90,819
'442,114
656,758
691,278
2,676,451
38,725
105.522
277,312
329,200
4,591,392
16,019,607
9,823,789
-
——
Interest & other deduct.
taxes
Balance,
surplus—
* 4,323,639
•Full dividend requirements applicable to respective periods whether
or
unearned,
tlncome tax is shown, in this position in the
Staiement jas required by the system of' accounts and regulations
prescribed" for registered public''utility' "holding"1cbfiTpaiifes.—V-.—l-SHr'
earned
..
•
2574.
p.
-
'
!
•
'
•'
\
'
-
■
.
American
Industries
Management Co.,
Chicago-=A^
quires American Engineering Co."—
■
The
the
stockholders
sale
of
of
American
substantially
all
of
Engineering Co.
Its assets
to
a
on
27 approved
organized cor-
Dec.
newly
Monday, January 3, 1944
THETCOMMERCIAL & FINANCIAL CHRONICLEElectric
in
transac¬
Practically
poration also to be known as American Engineering Co.,
a
tion involving approximately $3,000,000,
it is announced.
all of the outstanding stock of the company will be owned by
-•ieuir-Industries- ■Managernen t ,_C o...
f Chicago—-an affiliate
Amerof the
group---o'wiierS*Iinct opcrators«o
:
industrial
concerns.
'•'
*
•
"Hele-
present , directed
800
entire output is at
pumps.
Practically its:
the war effort.
The
towards
••'
employs approximately
company
1943 will be in the neighborhood of $10,000,000.
announcement it was stated that the Engineering
continue its operations. in Philadelphia without inter¬
people.
Sales for
In making the
will
company
'
continue ■ to conduct
and thafe!--the--presem±-.management...will
the affairs of the enterprise.
'
■ , .
'
Leo
J.
Carlin, of Sonnenschein, Berkson, Lautman,
ruption
'
Levmson &
transaction.
the newly organized
V-. Sauter, Chairman of the
of
Officers
William
S.
and
DeJean,
K,
P.
Grover,. Treasurer
M,
Group
Dec. 23,
Insurance
American
The
Memorial. Hospital
on
American Safety Razor
.
corporation reports that
covering contracts
The
Government
the
^
Net
from
Net
ry.
•■;.
Net
—V.
:
.
158, p.
Tele-
./:/.v(.vv:
V.
>,
158,
2574.
p.
3,576,880
1,481,844
income—_
438,637
2574.
;
;. ■•
577,080
—
Nov'.
:
.
Taxes
Railway
222,170
10,41$
Net
ican
Dec.
share on Jan.-. 5,
Ann Arbor RR.—
Ltd.—Year-End Dividend—
2,391,840
199,219
265,894
,
21,850,109
18.629,351
4,465,322
Net
ry.
Net
ry.
—V.
62,037
45,627
4,695,510
4,353,093
3,782,906
777.305
371,230
1,617,828
1,151,327
714,515
469,686
1,119,327
604,245
Sell. Barge Line Interest—
Atlas Corp.—To
;
'■
$ 1,173,116
„L_
revenues
Co.—Earnings—
586,888
expenses
"
taxes
1943—12 Mos.—1942
.•,''■*$673,427. $13,345,885 $12,339,207
395,006
6,754,951
5,530,807
*Crl51,238 T 1,111,633'
1,478,904
126,561
Prop, retire, res. approp.
265,000
1,552,000
,revenues_M
$120,839
$430,449
$3,048,357
$3,194,.666
1934.
p.
(
.
go
Drl76,987
290,206
for
73,828
878,944::
lease of plant
income
after int.
Divs. applic.
.151,815
(net)
i'Gross income
j
chgs.
"l6~965
$3,211,631
$253,462
$3,301,063
92,144
1,548,240
*
"
* ,
i
.—______
'} 944,942
949,265
104,374.'
to pfd. stk.
Department of
.
Arnold Print
At
Works—Sale Brings $180,000—
North Adams, "Mass.,
the-recent public -sale lnl_the textile finish--
machinery, printing machinery, machine tools and miscellaneous
equipment supplies of the Arnold Print Works brought a total of
around $180,000, according to Samuel T. Freeman & Co., auctioneers.
ing
.
("American Wool and Cotton
Reporter.")—V. 158, p. 1127.
Associated Gas & Electric
Dec.
Co.—Weekly Output—
of Associated Gas & Electric Corp.
24, 1943^ net electric output of the
The trustees
ended
-
been
Dec. 28 announced that
increased to $1,000,000
thr"capital
by recent
The increase was accomplished by the transfer of $200,000 from the
surplus account in the form of a stock dividend.> ■•:'.;'.■/
y As of Dec. 31, 1943, the company will have a capital of $1,000,000
and a
surplus of $1,000,000.
The company also maintains a sub¬
stantial general voluntary reserve.—V. 155, p.. 1008.
Barber Asphalt Corp.—New
.
—V.
Thiele
E.
158,
Director—
elected a director,
Guggenheim Bros, has been
of
1934.
p.
'
-
...
Ltd.—Earnings—
Mos.—1942VV 1943—9 Mos.—1942
Bathhurst Power & Paper Co.,
'
;
Purchase Class
1
■■
-
•
»
*
1943—3
;
Profit
before taxes,
$325,083
$332,012 • $699,482 $1,213,294
Current assets as of Sept. 30, 1943. stood at $5,475,496, including
cash
and marketable securities
of. $2,155,486,; leaving net working
Period End. Sept.
*
30—
.
$4,761,872,
at
end of 1942.—V.
at the
'
Ended Sept; 30—
9 Months
at June 30 and
'
against $4,575,975
158, p. 1127.
"
'
•
•
less returns, allowances and discounts--Manufacturing cost of sales
Provision- for depreciation—™——
;_
Sales,
V: Gross
$4,226,981
>
(& Subs.);
Bausch & Lomb Optical Co.
1942
1943
(
$45,192,089 $33 ,028,631
28,335,600 18 ,592,937
416,950
472,111
10,736,353
,529,663
^ $5,848,026
147,808
$5 ,489,081
$5,795,835
$5,619,116
administrative expenses—
Selling, general and
■
.
McCarthy, President, on Dec. 29, in a letter to the
stockholders said;
At its monthly meetifig on Dec. 22,
1943, the directors adopted a
resolution for possible purchases of prior A stock ;for the sinking fund,
the use of contributed surplus as permitted
the charter in 1930.
.
.
board, itself, will determine, from time to time,
through
by ithe amend¬
be
used
^profit
""
Other income
130,033
the board, or by approved of at least four of the five
executive committee of the board)
authorized an aggregate amount which may now
be, used for possible purchases, but no authorization has: as yet been
given fori specific amounts or prices.
;■' ■".
,;v ; •■■":/';::
Any stock purchased for the sinking fund would be for retirement
board
.;'•:
re-issue.:—V. 158, p. 1726."
report for the week
Associated Gas &
Earned per
$
Net
ry.
30,109,044
28,599,333 328,916,260 280,080,991
—V.
3,344,506
300,453
318,564
revs
3,979,190
2,586,265
39,193,583
5,968,958
5,173,592
61,746,594
25,480,312
57,250,120
482,671
464,722
5,114,017
5,033,454
•Traffic'
699,050
:Net rev. from ry, oper.
7,635,740
10,957,537 109,686,405
accruals_i.
4,650,565
4,409,993
Equipment rents, net__
Joint facility rents, net
796,386
634,469
88,845,660
8,521,361 102,776,043
2,990,377
259,326
7,409,241
636,530
10<854,801
Transportation
288,634
operations
•
General
*
-
,
2,589,305
6,617,330
94,264,810
43,135,8471.32,802,063
income
:
5,351,801
'6,429,620
1,714,9361,521,745
158,812 $
172,314
58,406,002
7,749,873
5,754,2631,644,889
3,953,960
inc.
—
2,216,475
1,737,485
Net railway oper,
Other
:
Erie RR.—Earnings1049
1041
'
$1,815,878
857,037
613,931
,1,083,999
839,188
19,217,451
10,134,332
7,347,282
17,101,979
9,378,924
1—
income___
158, p. 2247.
...
20 ,431,858
8 ,558,154
3 ,461,128
18,693,911
4,853,345
2,383,108
.
''
;VV
'
J
1940
$1,666,003
.
7,080,876
^
and
structures
tax
income
railway
oper.
$2.57
with Federal Tax Lav?
1943' iv"";;
$1,782,321 $1 ,876,428
872,693
517,347
137,247
289,638
Net/from railway——
ry.
$2.41
' f
-ll
railway—,.—
from
Gross
177,443
$1,081,424
share_._
railway
oper.
;
1942.—V. 158, p. 2358.
From Januarv
Net
revs-
Maintenante of equipm't
Railway
from
24,476,929 275,903,464 242,739,945
2,684,459
35,898,021 23,945,337
320,238
3,429,117
3,223,339
290,370
2,863,223
2;185,225
827,337 • 10,822,435.
7,987,145
•
Maintenance of way
Gross
'$
from
:
oper.
-
937,260
Passenger
Railway
;'' '■•"•
Net
25,208,261
Freight
other oper.
$
•
.177,443
provision adjusted to conform
21,
November—
1943—11 Mos.—1942
Month—1942
1943-
117,023
$1,258,866
stock-—$1,012,946
common
Bessemer & Lake
Baltimore & Ohio RR. -EarningsOperating revenues—
tax
Oct.
145,514.
pref, stock—,—;
to
common
'Federal
passed
*'3,140,223
'■{'
:
$1,190,389
applicable
Balance
•.
1-
profit'*;
Dividends on convertible
has
not subject ..to
and
3,144,205
income taxesMM.r
'
Minority interests in net profits of subsid., incl.
divs. on pfd. stocks of these companies——
Net
"682,807
—
for Fed. and Canadian
Prov.
45,137
.375,000
651,151
:
contingency
Excess-'.profits
375,000
289,575
charges
Interest
Provision for
for such purchases, and in addition, actual, purchases
amounts and the prices ;set, from' time to time,
by resolution of
members of the
The
Total income..
within the
be
to
are
the sum which
1,274.159
$253,904
Public Utilities of the State of Arkansas. Nov;.
27,' 1942, directed company to segregate and separate from its electric
revenues in 1942 the sum of $625,000
to be refuhded to customers as
the Commission directs.
Company reduced operating revenues for-the
month of November,
1942, by $312,500, the balance to be absorbed
in the month of December, 1942,
Provisions for Federal income taxes
for the month of November,
1942, were affected by this refund,—
V. 158, p, 2462.
*The
,
-
F.
Thomas
37,500
18,750
) (net)' '
Net inc.
-
Co., Newark, N. J.—.
.
stockholder.—
to Atlas, the selling
• >
'Austin, Nichols & Co., Inc.—Offers to
A Stock—
Miscell.
oper.
Other
company-has
the
of
capital
$27,000
158,
All
844,830
.1,290,000
Reht
$125,000 "abandoned property , ac¬
earned surplus $5,000, the other
Insurance
Indemnity
Harold P. Jackson, President, on
stock
Mississippi Valley' Barge Line Co; hds registered
shares
of common stock (par $1) with the SEC.
The shares are issued and
outstanding; and do not.' represent- new- financing by the company.
They; are owned and are to be offered for the account : of Atlas Corp.
Underwriting arrangements and offering price to the public will be
1943—Month—1942
taxes
Net
to
('' action'of the directors.
amount
1943. Arrearages, it is said, now
p.: 1360,
,
.
The
Express *
71,210
Cr72,000
Other
a
capital surplus.—V, 158, p. 1726.
$120,000 being: transferred, to
:
,
Accrued Dividend
Acceptance Corp.—Pays $1.25
pared with $2.50 on Jan. 3,
to $1.25 per share—V. 157,
Mail
Arkansas Power & Light
Federal
$100. All
American
,
% Pays 25"% Stock Dividend—
Accrued Dividend—
corporation on Jan. 3 paid a dividend of $1.25 per share on
account of accumulations on the 5% preferred stock, par $100.
Simi¬
lar distributions were made on April 1, July 1 and Oct. 1, last, as com¬
53,441
5,508,502
Period End. Nov. 30—
Operating
■
14,164,029.19,141,163
2,125,946
The
89,122
158, p. 2246.
Operating
'■
eliminate
transferring
also
after
count"
Bankers
Period End. Nov. 30—
income-—
oper,
'
66,728
4.5,955
railway
from
Net
$347,123
$379,419
*.
1—
railway——
from
Gross
$440,145
121,283
118,798
income
oper.
/V
1940
1941
1942
$471,069
railway—
From January
■ .../;;:•/
1943.—V. 156, p. 1464.
1943
railway-
from
from
decreasing the par value of the shares to\$80 from
shares of Bangor Gas Co. stock is o^svned by
.
2,708,946
.
?
Co.—Seeks Ta Reduce Par-—
s
ihay
Earnings-
November-
Net
$622,549
6,000
the
of
Albert
The
year-end dividend of 9.1 cents per share was paid on the Amer¬
depositary receipts for ordinary shares to holders of record
7.
This compares with 2.91 cents paid on Oct. 16, 1943, and 9.1
Gross
$1,012,073
•.
Anglo-Iranian Oil Co.,
Cents per
"659,353
'$117,696
and its parent, the American dbs & Power Co., on
applied to the Securities and Exchange commission for per¬
to reduce its outstanding capital stock from $600,000 to $480,-
by
000,
ments, to
■
$1,281,902
571,583
-i——•
Gas&;Power;Co,
This
action would
directors
Atlas
$1,583,656
59,364
$87,645
—
company
29
mission
recently declared a dividend of $ 1.25 per"; share on
account of accumulations on the 6fd
cumulative class A .preferred
stock, par $50, and the regular quarterly dividend of $1.50 per share
on the 6Pk preferred stock, par.$100, all payable Jan,' 3,to holders of
record Dec.. 18.
Distributions of $1.25 each were also made on the
class A preferred stock on April 1, July 1 and Oct. 1, last, as compared
with $1 on Jan. 1, 1943, and 75 cents each on July 1 and Oct. 1, 1942.
Arrearages on the class A preferred stock as at Oct. 1, 1943 amounted
to $14 per;4hare,—V, 1§7, p. 1143.
>
•
.
'
$ $177,080
19,868
for
charges
This
158, p. 2247.
The
$138,150
'
<
158, p. 2152.
Dec.
66,879,351 ' 45,405,109
48,250,000
23,555,000
1,108,563
Atlantic Co.—$1.25
-
V.
of $1.50 per shareon
the common
of record Dec. 24.
A similar extra dividend was paid on Jan. 6, 1943, ana on Jan. 6,
1942.
' ''I; '■'.'•,• ''
V/V/V;' /'
[ V: ..
■ '•;.,
' ;
The directors also declared two regular semi-annual dividends of
75 cents per share on the common stock and two regular semi-annual
dividends of $2.25 per share- on the preferred, stock, the first,- being
payable on Jan. 5 to. holders, of record Dec.. 24, and the second on
July 6 to holders of record June 24.—V. 158, p. 1126.
A
charges
$1,558,432
-25,224
$1,262,034
3,484
1'7; 3,505
; Bangor (Me.) Gas
...
v
4,000,000
909,344
$173,576
inc.
net-
available
fixed
Fixed
—V.
6,391,840
income
241,554
$134,675
$1,029,208
232,826
$1,316,878
15,389
1943—11 MOS'.—1942::
4,000,000
oper.
ry.
'•
50,535
oper.
income,
Income
(
—V.
$158,187
©>•2,077
—
Net railway
Other
.654,161
1
5,108,563
Operating income —Equip. & joint fac. rents
$136,752
income
net
oper.
income,
35,036
*
—
earnings,
.
Rent
12,398,137-^11,810,931 140,342,637 102,378,688
7,289,574
5,419,091 73,463,286 56,973,579
revenues.
oper.
the board-
Bangor & Aroostook RR.—EarningsPeriod End. Nov. 30—
1943—Month—1942•<: ; 1943—11 Mos.—1942 :•
Railway oper. revenues
$1,019,584
$655,323 $7,753,781 $6,035,276
4,844,990
4,109,359
Railway oper. expenses { \ 477,606
369,721
1,591,913
896,709
Railway tax accruals—
405,226
127,415
1,742,120
" 280/233
,
series A debenture interest is on an
and ;op a declared basis prior thereto.
for
"
' 5,055
,
$108,908
" $710,517
$186,368
$70,187
-14^'"
deduction
-
v
v
Net
declared an extra dividend
stock, payable Jan, 5 to holders
•
$108,908
650,000
;
have
directors
-1.293,702
$1,360,517'
the money
$167,037,
2,258,758.
1943- -Mouth- -1942
30—.,
,
supplied by amendment.
- ' •
Proceeds from the sales will
Dividend—
Common
Amoskeag Co.—$1.50 Extra
The
4,819,349
2,077,662
Operating revenues
Operating expenses
.
of the Bell
transfer
$1,464,823
'
62,212
special war reserves (including accelerated depreciation)
authorized that $50,000 be set aside from November
to be invested in war bonds.—V. 158, p. 2358,
has
1940
«
61,755
Period End.
Telephone System's telegraph
facilities to the Western Union Telegraph Co. is expected to be reached
early in the new year and when the deal is completed the American
Telephone & Telegraph Co., retiring from the field of written com¬
munications,'"may drop part of its present corporate title.".■■■•;. :-"V
Telephone officials have been making an inventory of a telegraph
plant that might be of use to:the-enlarged-Western.Union Telegraph
system.
The principal assets in which Western Union is interested are
the teletype and leased
telegraph wires services, which are said to
produce about $40,000,000 of gross revenue yearly.
—'V/.'
No little difficulty is expected in the determination of a transfer
value for the teletype business for the reason; that the facilities for
interconnection in this system of written communication are the same
wires used bv the Bell System in its telephone business.
When Western
Union buys "the teletype system, therefore, the outright transfer will
involve little more than the machines and the plant used in estab¬
lishing connections between teletype subscribers,
The Westrn Union,
it is undrstood, will be required to lease from American Telephone the
same telephone wires that
are now used for teletype service, ;
The practical result will be that American Telephone will continue
,to derive an indirect revenue from the teletype business through rental
of telephone wires.
Western Union will ; operate the system and Ml
•the subscribers."V://'.V V" v.1' ■ '"('/
Western Union has a facsimile telegraph machine and system-.of its
own which has been competing with the telephone "company's teletype.
The disposition of this
is something to be considered in plans for
shifting the teletype system to Western Union.
("New York Sun.")—
the
for
basis
A
1
22,040
''
type'Facilities—'*,/;;.,■;'(
42,579
845,363
5,592
,50,000
war res.
spec.
Note—The
Atlantic Coast Line RR.- -Earnings-
.
Telegraph Co.—May Sell
for
Net income
1630.;
p.
oper.
1941
$219,059
30,140
railway
from
ry.
on
158,
$186,368
Balance
Extended—
'authorized
183,056
;
,
1—
railway
from
Gross
I
American Telephone &
$2,248,459
$120,187
$1,450,614
14,208
accrual basis since Jan. 1, 1943
just recently
36,426
'v
income
oper.
From January
Co.-—Year-End Dividend—•
The company on Dec.. 28 paid a year-end dividend of $4 per share
the common stock, no par value, to holders of record Dec. 22.
Dis¬
tributions of $1 each were made on this issue on April 15, June 30
and Dec;
1,
last, and on March 14, June 30 and Deo. 21, 1942.
—V.
C' $191,981
series A debs.—
income
Prov.
excess: profits taxes
1942.—V. 158, p. 2247.
1942 '
$386,598
:*V1943
railway..—
$466,765
railway
'
175,963'
Gross; from
American Ship Building'
.
46,223
Atlanta & West Point RR.—EarningsNovember—
Corp.—No Refund to Govt.—■
no refund was necessary to the U. S.
subject to the Renegotiation Act for
1942.—V. 158, p. 2246.
year
income- and
Central Hanover Bank & Trust Co. was
Net
\
$2,202,236
1,192
charges
Net
.■'
-gage' series A
.1238.
;
$190,768
income"———^
$199,858
——3.870
'i
75,800
Gross'
Fixed
Tht, on
to extend the time for the presentation of first mortV-h'/r bonds and series B 5% bonds due July 1, 1944,
to 3
p. m." EWT Dec. 31, 1943, for purchase in accordance with the
notice
of the railway
company dated
Nov. 30, 1943. / (See V. 158,
p. -2247.)—V. 158, p. 2462.• •;;
;
Newark, N. J.—Obituary—
of the four companies comprising
of Newark,- N. J., died in Orange
following an operation performed
previously.—V. 158, p. 251.
several weeks
$194,430
5,428
Operating income-—^
Non-operating income— "
by this company
Assistant Secretary.—V. 158, p.
American Insurance Co.,
Wiiliam
■.Tajfes
For
Vice-President; J. M,
Sibbe, Vice-Presidents;
Ackerman, Vice-President'and Secretary;, TV E. McBride,,.Treas¬
Alan Cowdrick, Assistant Secretary and Assistant Treasure;-,
urer;
-
1943—11 Mos.—1942
$1,879,801 $22,973,279 $18,709,903
1,358,733
16,653,534 13,914,864
—-I'?-—'^"T324,894-^ 930,299. - 4,117,509 '• 3,344.424
1943—Month—-1942
Period Ended Nov. 30—
RY.Uah^;Wh'Wr' ••;•■'-
Charlotte Air Line Ry.—Time
Atlanta &
The
Doroshaw,
J.
$107,823,762 Federal
include
compared with $49,558,684 Federal income tax in
;■
American' Engineering Co. are:
Executive Committee; E. I, Klein-
.
Operating ''revenues—$2,063,705
"Operating expenses—;
1,544,380
Railway tax accruals for month of November, 1943, include $9,630,000
income-,and v.exGess- profits taxes /compared. with $4,234,354
Federal income tax in 1942, and for 11 months ended November, 1943,
President;
C, E. Harrison, Executive
E. W. Sharninghausen and Carl F.
man,
.v,
^
Coacir Co.V
Baltimore
Federal'
in the
brokers
v.,':- <
J v(
Co.—Earnings—
(Including
Panhandle & Santa Fe Ry.);; ; •' -t -" ^
Period End. Nov. ,30—
1943—Month—1942 .
1943—11 Mos.—1942 ;.
//','■'1
S'
$■• ;
' ;'/;•■/
$
Ry. .oper,
revs._—41,752,126 33,795,827-426,6.70,373.325,204,388
Ry.
oper,
exps.__—__<, 22,549,917
17,754,040 .232,7-19,321 180,020,327
Ry, tax accruals——
U,665;769
6,030,186 130,592,177 : 68,370,143
Other debits or credits—
Dr279,234
Pr321,002 J>r3,948,799 Dr2,600,884
Net
ry.
oper. inc.--.
7,257,206
9,690,599 59,410,076 .74,213,034
they
of Wolf, Block, Schorr & SolisCohen, Philadelphia/represented the purchasers, and. Robert Dechert,
of
Barnes,
Dechert, Price and Smith, Philadelphia, the company.
Ralph Morgan, President of Morgan, Rogers & Roberts, Inc., and
Thomas
E.
Hovehden, of the Chauncey Real Estate Co., were the
Baltimore Transit
'
•„
■;-
.
and Morris Wolf,
Chicago,
Morse,
430
ago.
s
Ry.—Earnings of System
Atchisjptn, Topeka & Santa Fe
(Includes Gulf, Colorado & Santa Pe
,
auxiliary
Shaw"
kwKria"vyear'
of 128.098,765'
production
or.-
.
——
Ackerman
"• > • •
.
■
■
Established
in
1867,
the American Engineering Co. manufactures
various
products, including "Taylor" stokers, .'''A-E" ship
machinery, steam and electric steering gears, windlasses,
winches,
towing machines, "Lo-Hed" hoists, Diamond face grinders and
Kleinman,. Doroshaw,
eral
This is an increase of 16,320,
144,419,195 kwh.
was
group
/lfi.7# above
—V. 158, p'. 2574. /■
kwh.
7,399,152
94,145
2,580,489
54,589,200
" 7,329,079
66,155,875
27,883,503
''
Inc.—Earnings Restated— ;'
:
recently announced that certain adjustmenst
made at the close of the six months period ending Dec.: 31
would result in a^restatement of the consolidated net profits for the
first. quarter/ended Sept. 30.
As restated, the profits for. the first
quarter wilt be $884,000, equivalent to 59 cents a share, as compared
with $746,800, or 50 cents a share, as previously reported.
Officials
also estimated that, the profits for the second quarter would approxi¬
mate those
of the first quarter as restated.
Federal income and
excess profits taxes
for the six months period will be estimated on
the
basis of the
proposed Revenue Act of 1943 as passed by the
"House of Representatives and "after taking into consideration unused
excess
profits tax credits carried over from previous. years.—V. 158,
p. 2463. ;
'
'. •■ / • (;.,
•;
:
Best Foods,
officials
Company,
.
to
be
,
.
Total
income
deduct,
Misc.
Fixed
from
inc.
134,251
2,529,651
charges
-
4,724,518' 36,739,284
Railway tax accruals include—■
• '
Excise tax a/c Railroad Retirement Act
4,309,509
Tax a/c Railroad
Unemployment Insur, Act- -_3,979,293
Net
income
_______
((^Federal income taxes
"—vTl58, p. 2463. *"■ 7
Bangor Hydro
61,918,279
1,309,936
28,636,056
1.533,088
,
3,536,633
3,536,433
27,321,499 18,998,561
^
. _
Electric Co.—May Omit Dividend—
%
is expected
in financial circles that payment
Electric Co.—Earnings-
Nov. 30—
revenues
expenses—._
1943—12 Mos.—1942'
$864,204 $11,592,931 $10,091,736
556,373
7,313,197
6,245,477
1943—Month—1942
$1,003,758
698,105
724,892
693,542
67,312
67,288.
813,873
778,198
67,833
50,000
796,163
600,000
309
309
3,707
3,707
revenues—
$120,837
(net)_^__
'; 2,131
$191,271
1,028
$1,941,099
■ 13,141
$1,770,812
8,973
$122,968
$192,299
76,-671
,142,091
Net inc." after int. chgs.
Dividend applic. to pfd. stock for period——
$1,954,240
1,375,726
:
424,551
$1,779,785
1,174,287
429,174
Federal
,
of dividends on thiscompany's common stock will, be suspended as a result of the pending
plan for restatement of capital.
The company, has been paying 30
cents" quarterly on the stock and the next payment would "ordinarily
be due on Feb, 1, 1944. ("Wall Street Jounrnal.")—Vhl58, p. 2574.
It
Period Ended
Operating
Operating
31,972,287
1,290,058
—
Birmingham
Other
Property
Amort.
49,362
taxes—
taxes
retire,
reserve
tof ltd.-term in v.
'
Net
Other
oper,
income
Gross
—V.
income
158, p.
1727,
„
en.037
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
159
Black & Decker Manufacturing Co.
Earns; 1"*;0f'SIO.OOO of .firsfc-'mbrtgage' 4% bonds,, due 1965, at 102 and interest.
(& Subs.)
Cost
11,901,940
(of goods, sold
„
Canada Dry Ginger Ale, Inc. (& Subs.)
the City Bank Farmers Trust Co.;, trustee,
157, p. 7.
.
Brazilian Traction, Light & Power Co.,
: '■
/ 7;
'
Selling & service costs_
Adrqin. and gen. exps./
at
1
:
T.7 Period"Eha7NoV;"30— '■ '•/<1943—Mdnth7-1942" ~" 1943—1 t
Gross' earnings—-j-j,.
$4,525,860, $3,933,816 $47,532,527 $42,544,117
Operating expenses
2,141,243
1,845,224
21,816,512 " 19,850,590
$5,048,225' i4,058,972, $3,151,517,
Operating profit
Cither
deductions;
other
income. u
for
Prov.
233,393
261,653
war-time
**2,519,723
20,974
135,190
..';/••• '.7- '//,/
*3,511,599
and
1
post-war contingencies
•
600,000
148,7417
283,875
§1,396,908
Cr 1,107
$670,665
Common dividends /_:// f
622,821
622,821
389,263
/'./
$47,844
389,263
$1.68
——
Earnings, per share
'Includes
'
•
,
$2,890,08*2 for
$593,621
377,179
;
for
declared
third
a
Federal
record-
Jan.
Other
10.
liquidating_ payments
were
3%
in
stock
corporate
of
the
City
of
York.—V.
New
/
'■
The
of
have
directors
75
cents
declared
share
per
in
a
cash
.
liquidating dividend
the
no
value
par
1941
and
$159,320
in
The
each
4)
stock,
; subsidiary,
have
declared
stock,
common
31,
less
made
were
interim
an
$1,
par
deductible
dividend
payable
taxes.
the, year."—V.
Sept/30—
3 Mos/ End.
of
Feb.
4'^
cents
to
holders
29
Distributions
-J1'
three
of
per
of
;
Notes,
profit-/—//
Operating
Total
Definitive
income—-/——'
Other, charges'
:
Net
profit.^..—
Earnings
common :
—V.
Liquor
$2,330,010
983,212
920,975
$1,098,399
14,629
/ 114,012
108,868
175,360
432,857
420,883
$1.51
$1.35
_
$583,277
•
:
444;-
:; ■ Yearr--"
John
v
Montgomery, President, on Dec. 27, announced that at a
meeting of the board of directors a dividend of 15 cents per share
amounting to $217,000 was declared on the corporation's 1,449,000.
shares outstanding payable Feb. 15, 1944 to holders of record Dec. 31,
1943.
This is the first dividend payment made by the corporation
'
R.
the middle of
since
"This
U.
•
■
Johnson, President,
stock),
;
notes
:' 215,088
and
158,240
—
Dom.
of
1
Canada—post-war
160,444
..
270,378
25,731
8,032,437-
equip., less reserves-
8,014,942
._/——/—_
''' ' I
387,583
:::1'./;.
■" ;
458,669
$20,493,495 $17,272,549
/
S.
payable—trade, etc..
and
foi*eign taxes
$811,965
income./—3.068.872
on
—
.
;
...
/
$499,259
•
1,485,633
268,215
302,271
:
-117,990
2,089,437
Sept.
■
30
89,532
1,917,270
1942
:
-
1941
$162,683
Earned
1940
$98,677
(par
$5)——../—3,075,785
surplus...
1,470,092
surplus....—
Common stock in
*$102,353
162,311
'
stock
Capital (paid-in)
4,268
35,065
*11,993
1,634,297
1,108,352
386,294
118,894
1,136,110
51,114
158,999
*35,448
*122,109
income../
oper
;
'
income.._
oper.
.
3,075,785..
1,470,092'
9,598.680
8,602,561
Drl69,853
(11,000 shs.), at cost
treasury
Drl69,853
'Deficit.—V.
*1,640
Total
*16,655
/
,
1728.
Period End.
•Net,
profit
.
Brown-Forman Distillers Corp.—-Delisting—
/ • r
'Tha Securities and .ExchangesCommission.> announced Dec. 28 tthat
has
granted
the
class
new
stock.
common
■
of
The. order
trading session
Jan. -3,
on
$5
cumulative
will
become
jbrior
preferred
effective
1944.—V. 158,
at
the
stock
close
•
*$1,125,730
$842,714
$1,405,773
for;-'Federal/'tax
on
income/and refund i-esulting from
war'contracts amounted to $7,004,000 in
1943 and'$4,639,987/for provision of Federal tax in 1942.
Earnings per common share for the first nine months of 1943
amounted to $1.72 on 344,925 shares of capital stock and $3.26 a
share in the corresponding 1942 period.
Current
assets
as
of
Sept. 30,
1943, including $1,419,970 cash,
and
of
1943—12 Mos.—1942
.
taxes,
*$598,997
renegotiation
.
.
a
1943—9 Mos.—1942
chgs.
for
etc.
/©provision
application..of.,the; New -York Curb Exchange to
strike from; listing j&nd...registration the, $6- cumulative preferred stock
(no, par),• .of the corporation.. Pursuant: to a plan of recapitalization
approved by the stockholders, the subject security was
exchanged for
of
•
Sep'tr-30—
after
and, »prov.
it
\
Campbell, Wyant & Cannon Foundry Co.—Earnings—
■
-ii
158, p. 2247.
$20,493,495 $17,272,549
-V. 158, p.
560,952
,
'
Dec. 27 announced that production of
Flying Fortresses by the company in 1943 is 146% higher than last
year and constitutes a quantity beyond the greatest hopes of two
-years, agO,
/ r •:://
"The record includ'ed the following highlights:
G.
after
—
—
and
393,433
/
Liability for liquor purchased for delivery after
-
53,369
shares
P.
94,258
,
/.. 334,637
containers
$2.52
42,321
ry.
Net ry.
said Mr.
Boeing Aircraft Co.—1943 Fortress, Output Up—
delivery
for
■
Salaries; wages, commissions, etc.—.—
Liability to customers for deposits on returnable
$817,977
From January 1—.; ,■•/: '■ ■■
Gross '.'from-.railway—//1^ 2,517,585
.Net from railway.—. / /• 932,922
Net
•/•••-.'•/.
1937.
1,770; 430
5,076,180
•
Montgomery, "is the result of the most
profitable year the corporation has had since 1936.
The final figures
for 1943 will probably not be available for another. month following
the completion of the
annual audit a.t which time they will be
mailed to the corporation's approximately 80,000 shareholders located
In almost every state in the Union.
Net earnings will be substantially
larger than the dividend payment so .that the net worth of the cor¬
poration even after the dividend payment "will be considerably higher
than it was a year: ago.";—V, 152, p. 976.
- •
,:/
dividend,"
purchased
/._.—„//.^ ;■/
Other 'taxes
■
/>/./ November—-'
•';// //■ 1943 ■ /
Gross irom railwayj—/
$171,766
Net from railway—:
'
58,080
f
/
1
■
containers x'etux-nable by'■
cn
—\__
Accounts
BurlirigtoniRock Island RK.—Earnings
(
1,720,000
,
expenses and deferred charges
Common
Blair & Co., Inez -Resumes Dividend-—Has Profitable
450,450
.
Liabilities-
428,628
$1.79
the
.
p.;|l822.
of
profits
on
.
on.
(Edward G.) Budd Manufacturing Co,
—
.
Incentive Stock Plan Approved by Court—
■>.tl> December production highest in the firm's history for a single
"motnth,
92 Vr
the
above
in
output
and
1943,
January,
10
times
"
U.
the
District
S.
Pa.,
production during the month preceding Pearl Harbor.
.
■ >
(2) Fortresses are being built today: in approximately one-third the
man hours required
at the war's: outbreak and in / only 10% of the
man
hours required to build the first bomber in initial production
contract-M fire-w&r^'-days
(3)
Notwithstanding a 27% increase In labor rates since Pearl
irbor and numerous "war necessity" /changes, Fortresses are being
elivered for'approximately one-half the contract price at that time.
.
Dec.
on
Judge Guy K. Bard,
29
approved
the
plan
of
this
granting'/options to 160 key officers and
UNDERSIGNED ANNOUNCE THAT THE FIRM OF
THE
at Philadelphia,
amended
em¬
Fellowes Davis & Co.
.
company
ployees to subscribe to 300,000 shares
to
.
Boston & Albany RR.
•
"
tha
with
rnninanv
MEMBERS NEW YORK STOCK EXCHANGE
6 C^?any .f0^, post"war 0peratl0ns'
"'/,/
common stockholder.
r OnArfl.t.ion - t.hA
' operation - the
*
nvtoinal
original
ntnn
"bonus"
.'
-.
Judge Bard rejected
v
plan
rnKI^V.
'
r.
r.
ralph
•
3
'
court xnade
obtain approval of the ICC/ He said that the net result of this
financing will be that there will be a little over $2,000,000 less of. the
road'$ bonds- outstanding than ' there' were Sri 1942., He also stated
that one-half of the Boston & Albany's bonds are now; held; by the
New York Central,
be allowPd
WE ARE PLEASED
.'.
mo
$6,825,340
Other income1
■
c
'Total /
$717,369
Battery
A 100%
*
$8,241,810 $10,026,639
,/'
■
;
,
.
:■
' '/
/./".
.
•"
/,.
been
called
for
DAVIS ft CO.
ARE NOW ASSOCIATED WITH US
the
for' at least
company
one
and
year
cannot
the
options are exercised,;
The options
our telephone number has
to cortlandt
;/
not.
are
been changed
7-6800
.
.
..
v
transferable except on 'tfceMdeath of the optionee
'
f;
his. retirement because1 of disability.—V, 158,
redemption
as
The Commercial and Financial Chronicle
of Feb.
p.
or
2464,
Canadian
Locomotive Co., Lid.—Interest
INGALLS 8c SNYDER
/°°\
.members new york stock exchange
members
The" company
ment of 131/2.%
be
made
on
lias announced
oii
"Feb.
that
an
interest
its,,first mortgage 6%
1
to
holders
of
record
of
new york
curb
exchange
pay¬
bonds would
Jan.
100
BROADWAY, NEW YORK 5, N.Y.
21,
.i
JANUARY 1, 1944
Brooklyn Borough Gas Co.—Bonds Called—have
H. C/ Westendorf
FORMERLY OF FELLOWES
incentive stock plan, the officers and 1
new
representing 7%%
"There
v
Waldo p. clement. Jr.
-/
■
dividend in stock was announced to stockholders by Clarence
President.
and that
He ruled under these
./theoptions.//.until,' after one year has expired
they must: be in the.employ/of, the company at the
time
Co., Inc., Reading, Pa.—100%
'',////''
'
F. Bowers,
$1,152,520
158, p. 2247.
Mfg.
Stock' Dividend— /,
Judge
years..
,
$350,788
—/-
.' 'Rentals, interest,, etc,- -V.
Bowers
:, 1,290.078
$1,61/8,674 $12,277,499 $14,568,125
466,154
4,035,689
4,541,486
366,581
period of five
first
/..exercise
/and
deductions^/?.//,
income
1,142,671
/!)/
ft.
income
Total
163,645
94,389
.
the
expiration of five years and there were
requirements. 'that any of them had to remain with
with
$ 1,455,029 $11,134,828 $13,278,047
$622,980
Ralph p. Hinchman, Jr.
/:
employees entitle/d 'tQ - receive the options must remain
V'-.-i/■■;■/■ /
income^
.
/, // Under the
.
iff*
invalidated
a
conditions the granting of the options was illegal.
-
oper,
exercised within
the company any length of time.
____
ry.
Samuel H. Watts
vwa«
plan because the optionees
could exercise their option's any time from the date of
'
$6,641,998/$79,374,566 $70,983,832
I 4,208,784 • 55,594,463
.5,268,823
45,175,213
Operating expenses
Taxes ;/^_w^fc^//-i_„.»-/, /
698,974
9,689,459 / 9,394,920'
626,508m
: 284,005
255,408
2,698,498 '
2,962,536
Equipment, rents, Dr___
Joint;facil., rents, Dr_»_
23,803
257,318
173,116
23,024
'.././■■'
innnno
issuance to th^
1943—11 Mos.—1942
1943^-Month—1942
tn
price is set at 125%' per share of the price of the.
be
can
Boston & Maine RR.—Earnings-
—_
Vn :i„hvrihA
stock at the time of the granting of the
options which
to which the B. <fc A. /is leased.—V. 158, p. 2574.
Period Ended Nov. 30—
Operating. revenues
,
,TO ANNOUNCE THAT
WE HAVE ADMITTED TO GENERAL PARTNERSHIP:
be allowed to subscribe to 100,000 shares of the stock,
The
Bard
Net
its
^- • •
that the stockholders have already approved the grantH, Fernaid,. counsel, told the Commission that the bonds
\ ing of the options in general terms.
:„/"
be issued at the present time because, it will. be necessary■ Under .the. new .plan Edward G. Budd /President, will
to
..
ruling
Department.
the
George
■will, not
Net
andrews
hinchman, jr,
.
.
:
p.
>'
,
by
snowden
philip p. getty
samuel h. watts
'•
suggestion by Mr;. Holthuse'n
a
MUTUAL CONSENT
-1,
j
Massachusetts
of the road for
EXCHANGE
CURB
DECEMBER 31. 1943
was/'
which
P, U. Commission, has approved / thepetition :r;.Z that' the new-plan be submitted to the stockholders beapproval of an issue of $7,782,000 of bonds with such
;f0re the court marfp m riiiin^ nh
vaurtit»
""
maturity, rate of interest and other terms as may be later approved
/? !//
any
on
validity, saying
The
YORK
'^
:
iiijuixc-
from putting
company
"hnnno"
An
.approved by 67%; of,the voting stockholders.
.
NEW
HAS BEEN DISSOLVED BY
Jhdg^ Bard dismissed the suit filed by Henry;F.-Holt-.
/ into
into
//';
'«Aef
fnr
tioxi issued/July 9 restrained the
■
A
.
authorized,
common stock as an incentive for them
busexi of New. York,.a'
.
^
;u •■/'■'
Bonds Authorized
remain
,
/4) Boeing early .this year voluntarily advised the; Government that
on\qne contract, the established contract price .would be reduced by
$ 120|i)Qp,000.—V. 158, p. 1727.
;
Z,';/
./,.-■ /■>./
'
n
of its
MEMBERS
but unissued,
,
v
1,
-
-
-
;
/:
1944, ^ (total ■
••-.clear
on
account of arrears, which would
up; accumulations,
1943,—V/. 157,
p.
and the regular
6%
rate
for
1806.
(Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce St., New York 7> N. Y., BEekman 3-3341.
Herbert D. Saibert, Editor and Publisher;
William .Dana Selbert, President; William D. Riggs, Business Manager.: Published, twiee a week [every .Thursday (general news and advertising
issud) with a statistical issue on Monday}. Other
135 S. La Salle St., Chicago 3, 111. (Telephone/ State 0613), in charge of Fred H. Gray, Western Representative; 1 Drapers' Gardens, London, E. C„ England, c/o Edwards & Smith. Copyright
1944 by William B. D^na 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
offices;
Possessions, $26.00 per year; in Dominion of Canada, $27.56 per year;'South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia,
Australia,and Africa, $31.00 per year,
NOTE: Oh account of- the fluctuationsUn.: the rates,of exchange,, remittances- for foreign, subscriptions and advertisements must be made in .New York, funds.
;
"
1942
$1,259,449
90,090
120,022
/..//-/._...
and
■■/-
1943
credits—
Total
:4
158, p. 1238. /
bond,
1
$2,377,023
receivable—
(est.)
;
Govt,
S.
Prepaid
on
stock.
—
/
Sept. 30 /■
(net).//;'
922,949
v—/—./—^.//^—//i/w/^
5,433,601
Total property, plant and
12,930
-
in
tax
•
$1,421,965
$438,965
■•V-|
receivable
goodwill, trademarks, etc.—*.
$1,409,035
$1,113,028
$491,873
share'
•• per
accounts
Deposits receivable
;
11,935
696,976
•
and
accounts
■.custodiers
U.
$985,835
/
drafts
Sundry
1940
$2,081,611
$973,900
$1,340,684
151,835
_
Deprec. and Fed. inc. tax
mortgage
$1,328,009
/
12,676
/_//
included
are
tLess post-war
/
'■':■
•/
wholly
owned Canadian
above,! amounts to approxi¬
Consolidated Balance Sheet,
//■/'
Sept. .30
Securities
(mortgages
/
accounts
receivable
1941
$2,072,330
1,098,431
968,175
.
Other income
accounts
Inventories /———
;
-Earnings—
1942
$2,296,183
Expenses /
'
Assets—/'/;• /".■/■//
on hand
and on deposit—/l—
Dominion of Canada 3% Victory bonds..
—
U. S. Treasury notes, Tax Series "C"—at cost
cents
158,-p. 2153,
1943
Gross'income.
whose
1S42, $25,731.
;/
of' the' company's
$2.53
.$601,919 for the years ended. Sept. 30, .1943 and 1942,
on
later in
/(;
/
Cash
Bulova Watch Co. (& Subs.)
and collateral trust bonds, 3 % series due
1973, are now ready for delivery -in exchange for interim certificates,
at the Chase National Bank, of the City of New York, 11 Broad St.,
New York, N, Y., and at the State Street Trust Co., Boston, Mass., it
'is announced—V. 158, p.' 2247, /:/:/'/~ ,//'/■, ■ ://7/v ///;;
*
Jan.
dividend
Bonds Ready—
first
988.
p.
Ltd.- -To Pay Semi-Annual
Jan. 15, May 31 and Sept. 30, 1943. In 1942, a
of; six cents per share was disbursed.
:
D. R. Michener, Secretary, on £)ec. 23 stated:
"In order to con¬
serve-paper and reduce dividend distribution expenses, the board plans
,* to
pay two dividends in 1944,
the current dividend and a further
,
Definitive
157,
„■
income
net
■
604,157
$2.34
mately 16',^ ; and 15(4% of the consolidated net income for the years'
ended Sept.' 30, 1943 and 1942, respectively, and is stated in U. S.
dollar's on the basis- of Canadian official exchange rates.
:
The above summary includes provision for depreciation of building.^, ,
.machinery and equipment in the respective amounts of $608,431 and
total
payable, $1,415,092; accrued accounts, $97,111;
Federal, state and foreign taxes on income (est.),
(less U. S. and
foreign tax savings certificates of $695,244), $2,985,082; reserve for/
intercompany, profit in inventory of Australian subsidiary, $21,GPO:
.reserve for wartime and post-war contingencies, $880,889; reserve for
other contingencies, $70,594; common stock (389,263 shares), $1,946,315; capital surplus, $2,891,437; earned surplus, $2,272,266; total, $12;579,786.—V. 158, p. 543.
'
—
the
on
record
Liabilities—Accounts
Electric Co.
directors
share
Sept. 30, 1943
Assets—Cash, $1,738,101; U. S. and Canadian Government securities,
$1,017,711; trade notes,
acceptances and
accounts. receivable
(less
reserve of $33,374),
$2,192,818; inventories,-$4,296,481;, entire capital
stock of subsidiary, company (etc.), $285,880; investments and other
-assets, $579,814; land,-buildings^ machinery and equipment (less re¬
serve for depreciation of $2,328,400), $2,391,249; good.will,,$1; deferred
charges, $77,731;, total, $12,579,786.
v
Valley Gas &
17,- 194.1, $5.50 per share in cash.—V.
taxes.
'Less post-war credit, 1943, $216,269;
Notes—The
Dividends Hereafter—
„•
*
Blaekstone
Dec(
Broulan Porcupine Mines,
charged
Sheet,
;/■,
excess
share—
per
credit $28,378.
payable Jan. 20 to holders of record Jan. 10." Other liquidating pay¬
were as follows:
Nov. 1, 1940, $10 per share in 3% corporate
stock of the City of New York; Nov. 25, 1940, $2 per share in cash
•and $10 per.share -in .'3%
corporate stock of the City of New York;
1940.
Consolidated Balance
1.50,344
't
ments
-and
567,020
Earnings
(No.
common
697,695
$1,578,049
,
further
on
profits
income........——- $l,440,613
Dividends —
i—L—/./.^
362,494
;z:'//.:■"/;; /;/■•'V//:.
~
490,000
2,115,000
—
tax...
>.1251,115
Brooklyn-Manhattan Transit Corp.—Liquidating Div.
VI;"/?/:'
$2,993,108
:! Net
157,
988/
and
15,556
$4,296,728
taxes-.—
profits
excess
Foreign Income
fol- '
as
10,676
'
.
.taxes..1—/,
income
''Federal
;20,;1940; $g. ^xlj5hart in 3% corporatfr-stoek of^the City"
and/Dec/ 15,1941, 75 cents per share in cash and $1.25
-share
per
to manufacturing costs
and expenses amounted to $297,075 in 1943, $236,656 in 1942, $188,596
in
$3,019,349
15,311
Net. 'before
liquidating dividend of 40 cents
p.
.
excess
depreciation
31,982
$4,312,039
Other; deductions-
.
Note—Provision
$2,987,353
46,513
Interest
and amortization.—V. 158, p. 2358.
of New York;
$2.82
$3.78.
.
of
lows:. Nov.
profits taxes, $289,008 (Cr) for post¬
war refund' of Federal excess profits tax, $550,428 for State and ;fbff;
eign income taxes. and $56,422 for under provision for prior years.
tlncludes sales of $297,075 in 1943, $19,928 in 1942, $90,324 in 1941
and $102,421 in 1940 to foreign subsidiary not' consolidated, tAdjustment; upon translation of foreign currency amounts for net working
'assets of foreign subsidiaries /■ into U. S. dollars, §Includes $568,003
'excess profits tax.
*'Includes $1,605,692 for - excess profits taxes,
$429,093 for State and foreign income taxes and $15,062
(Cr) for
over-provision for prior years.
;
.
The directors have
i holders
471,474
7
$798,609
389,263
$1.72
$31,179
...
(ho par);
$4*265,526
income..
Gross
;
$2,088,592 $25,716,015 $22,693,527
.4per--shar-e-on-tha-nommon^stocky, no-pax^-'valuer payable Jant-47 --tn-
$1,065,095
$1,471,841
673,232
'
-
$2,384,617
,
■
Surplus
-Shs.'com. stk.
earnings/-—__
,
'Before depreciation
v:
287,549 '
26,457
500,000
$654,000
-
...
operating Income.,
(Income; credits/-..
Brooklyn & Queens Transit Corp.—Liquidating Div.—
profit/*,///
Net
•
'Net
,
on inpome
(est.).^Exchange adjustment-
1942
$1,527,842
less
Takes
and
administrative: expenses—
-
Net
.
.
and
Earnings—
1943
i» $30,336,128 $23,670,823
13,833,035
19,386,709
general
10.237,537
10,206,75-3
-
Of.-goods sold—
Advertising,
selling, distributing
-
,
''■'■./•
„
sales
Cost
Ltd.—Earnings
(Expressed in United States Currency)
.
,,
Sept,'30—
Years Ended
■
■Net
j7,959,35<T ,$6,647,131/ $5,511,011 $3,130,516
1/283",373"'
2,286,164
2,112,723- 1,960,785"
319,301
624,961
475,437
/' 398,709
...
made
William Street, New York City.—V.
22
3,845,507
-6,461,519
9,537,702
.
will be
Payment
1940
•
1943
\ 1942
-1941
'$'I5;861,2W,JIB.1S4i833 $11,972,530 /$6,976,024
..Years Ended Sept 30—.
fJNet sales
amounted
assets of1 $5,334,650 and
$2,477,069 on toept. 30, 1942.--V.' 158, p. 2153.
'
current
$1,357,779,
•
Canadian National Lines in New
November—
Net
ry.
./,%
..
j
"
1941
1,919.400
*594,508
*334,455
*3,261
Gliiuij
il'UllL
Net
ry.
'
iy_h.i.
railway
from
Net
■
'Deficit.—V.
158,
'
•
Net
-V.
expenses
$
'
Gross
Net
Net
ry.
railway
from
income
oper.
Gross
5,907,833
2,607,317
railway—
from
railway.
from
Net
oper. income
'Deficit.—V. 158, p.
Net
2,034,156
ry,
'2248.: /
Net
39,942
*23,158
-
railway.—,— :
Net
from
Net
ry. oper.
income.—
1—
From January
»*nlway——
railway—
from
Net
158,
1940
1941
/
*73,420
$85,675
*29,034
*56,034
-
/
1.069.853
314.088
1.255 781
*486,265
*232,232
: *103,832
*124,764
*901.825
*598,653
*438,333
Canadian Pacific Ry.—Annual
months
the
ago
10 shares.—V.
est to
railways
entered
Canada
of
upon
what
to
and upon the railways'
task of moving these vast
quantities of freight and unprecedented numbers of passengers and
delivering them where and when: they were required.
It can well be
a matter of
pride to all railway officers and employees that through¬
out
the year their efforts successfully have
measured up to every
requirement.
As in Great Britain and the United States, Canadian
experience of the past four years has shown that the railroads are
the mainspring of the country's industrial effort.
.
''/-'/'j'/;
It
has
been
a
year
of many
and great difficulties. / To these,
climatic troubles of last winter greatly contributed and for this and
other reasons operating costs steadily"moved
upwards, Shortage of
equipment and scarcity of labor were contributing adverse factors,
but
despite it ail, • war-time requirements- have been- met and the
ordinary bu-iness of the country has in no way suffered by reason of
the unprecedented traffic/which the railways have been called upon
to shoulder.
Freight and passenger cars have carried heavier loads
than ever before and engines have hauied longer trains.
Freight "Cars
reaching the end of their journevs have been re^aded and started
bsck in record times, and improvements to operating facilities" along
the line have expedited theirs movement/and further enhanced ' their
equipment/
'
steadily
was
seemingly
the
devolved
almost
increasing,
impossible
<
.safety in every direction,
This higher standard; of
//iLi/
Since the first great.war
interruption,
and the
direction./
without
and
steady
achieved
the case of
striving in
operating efficiency has not been
solely bv reason of the effort of the past 12 months.
In
the Canadian Pacific Railway it is the result of years of
.that
ended
progress
results which
has been
now
are
greatly to the national war effort are the fruits of
long-time planning and effective execution.
Nor- is thi* progress the
result of great increase in physical
facilities. .-/ Additions /to,; rolling
stock ^nd motive power were meagre during the years of depressed
contributing
so
of. what ordinarily would have been con¬
During the war it has been necessary
for national reasons to keep' additions to equipment at a minimum.
While
this company's traffic load of
the past year has been con¬
siderably greater than that experienced in any year of the previous
war,,
the rolling stock a^nd motive power available has been con¬
siderably less.
^
A
comparison of Canadian Pacific operations in this respect for.
far
short
requirements.
normal
sidered
compared with those of 1939 is of interest.
The
1943 registered an' increase of 70% in ton miles,
in passenger miles was about " 250%.
Over the
same
period the average daily mileage of freight cars increased by
more
than 25%,
while passenger*: miles" "per train mile showed an
increase of 185%.
The increase in gross ton miles hauled per loco¬
motive was 50%.' In regard to the greatly increased passenger business
this increase in load was achieved in part by curtailment of parlor
car
services on/certain runs and of tr°ins that in normal times hacf
served summer resorts and tourist traffic generally.
The, attitude of
the
past
as
of
the
while
(he
year
traffic
freight
"
fell
and
business
increase
general public in this respect has oeen
have accepted re'U'tanfc inconveniences
Thev
sympathetic and he pful.
as
a
the
late Fall the railways .were met/ with a government''
request for a special effort in this'direction.
In order, to cope with
the need the Canadian Pacific objective1 set was for a movement of
In
period.
the
points to the head of the lakes.
From
August 1 to the middle of December this company delivered a daily
average of 436 cars.
While the lake-head .to eastern points move¬
ment was in progress we also delivered an average of 49 cars daily.
During the crop moving period a total of 65,727 cars of grain were
handled; a daily average of .582 cars over 113 working days/. Of this
350
daily
cars
from
western
performance Canadian Pacific men have reason to be proud/ #
The'story Of the Canadian Pacific year would be incomplete without
referehce'Hd
its
more
direct contribution
to the flood* Of war materials
The - war 'witnessed com¬
pletion/ of -the order for Valentine tanks in company shops which
have since' then turned to the production of engihefe' for fighting shios,
while the manufacture of naval guns and mountings'1 arid other smaller
munitions continues to go forward according to requirements.
This,
of
course,
has been in addition to the abnormal , strain of
heavy
demands on fhe company's1 shops for essential repairs and construc¬
Canadtt1 is'/-'-sending
tion
to
the
battle
air
lines
are
also
sales
,
contribution in this war to $90,698,850.
While this is by no means the time to enter upon the discounting
of future victory or in any way to relax the continued all-out effort
Loan
(ensure it, we must recognize tha in some directions the
production shows a tendency to level off.
It is obvious
that, here and there the peak of production-has been passed.
-This
tendency, however, is not so pronounced as to permit us to yet turn
much of our energy towards post-war problems for new requirements
required
curve
of
1,255,237
74,
529.
p.
r
X
1, 1944 a total of
% %; bonds,. series
Aug. i; •; 1996,, at 102 V2 and interest,, J, Payment will be . made
Earnings—
Chicago Burlington & Quincy RR.'
;
1941
1942
1943
1940
1,145,673
$8,765,707
3.101,868
1,739,579
149,ooe,077 loe,947,216
88,485,oo6
Net from railway—• ■ 8,647,186
2,222,572
7,0.509
Nprom-Januaryi—e— f.093,729
-Gwss from raiiw^-lS 193,420,239
4,120,m
oo,048,637 32,660,8ii* 23,312.372
Net from railway——jy 91,207,112
36> 171,403 32>550'439 17,673,328 11,172,348
ri58°Pn!' 2465
,
-:y
Z
$9,995,800
from railway^./, $19,604,556 $16,464,263
Gross
'
.
Subs.)—Earnings—
Income Account
/-.;.:.
1942 /^f.-i ;U
*
$7,640,426
-
,
,
receipts—
1,254,763
1,209,116
1,083,323
1,220,682
$8,892,043
6,422,372
58,849,542
$6,905,603
•:i
5,816,076
Cr45,135
England Alcohol Cofor tax, war 'and; -■?*.
vv other
conimgencies—..:;
——
income
tNet
^Dividends
Other distributions
.
'
_
ry;
$1,220,708
835,521 '
; 300,444
.
1940
1941:-/
w
$427,140
$464,846
124,026
106,157
199,073
215,102
88,744
:
Gross from railway^c/L-.5,791,236
Net. from raiiway^.—.i 2,416,696
.Net ry. oper. income— ;•
914,174
—V. 158,' p. 2243.
//:
>
■
,
84,655
-/
oper,. income-—.
From January 1—
311,300
•
1942
.$482,,840 *
206,214 /
railway_ti._--
from
Net
Gr54i600
—-•— #
.
$1,538,816;
835,521
16,909,178
6,730,812
4.732,695
2,726,007" 1,416,370
*
Chicago & Illinois Midland Ry.—Earnings—
November—;.'/:
//;rv//--/l943,
Gross from railway-;;.
$520,898
■
.
$1,683,262 $1,893,916
•
.835,521:; :. §635,512
325,964
1/359,390
—
V,
236,706
Cr54,006
Cr45,565 ■■ » - *"
.250,000
-
19,571,663
8,185,970
3,543/196 V: 3,102,965
/ ;/•;'■ "/ rl1;"$•{
income_._
158, p. 2249.
Net
Prov.
350,676
23,080,872
'298,297
800,390 .^/ 326,374
Crl40,545
——
;
/'/"/--v.
New
from
rec'd
,
235,183
10,718.953
from
ry.; oper.
$1,701,711
285,541
275,271
,
Divs.
4,808,872
.
$3,033,466. .$2,036,731
earnings —$2,469,670
Depreciation, etc.
267,497
Reserve for income tax
- 692,608
Other income ———Crl28,562
Net
701,061
27,812,134
Net
Net
1940
$1,742,922
587,866
railway.!-^.:
$6,568,493
4,866,781
'
$1,755,679
484,527
914,386
• 334,859
Net ry. oper. income—;
%: From January 1—
Grossv from railway__—
$5,347,810
$5,822,280
1941
$2,185,924
.
786,249
$2,770,866
from railway—
from* railwayn««^_",
Gross
"Net
1942
1943
November—
1
.
1941;'///;^,/: 1940
Total income
-Agricul. & mfg. expense
132,883
-
4,876,189
5,578,246 1,955,502
2,277,054
980,801
899/003 ;i'
-
4.293.201,
1,507,741
1,083,921
^
Pacific RR.—Earnings
.1942'
1941 '
1940
Earnings per share
$2 0.4
'
$1 62 •
Gross from railwaylw"$19,508,371 $16,372,779 $11,369,041 $9,734,284
capital stock
'
$2.26
.
$2.48
nf n'n
/:v 'N«t from vahway^—;--; 7 :i40,742'; 6 737 253 ,2 697,893' ;./2 695.113
tin addition to the dividends shown above, the shareholders of Cen- ,• ;N t
n
'
v*5 nor, art ' aA40 gvi
i sai->14
1 roq '1R9
AccnAlofoc'fvnm
tho" priArnal .mrtn/n 'of T.tl'P.ft A: '/
l'' Oper, income.^;.^ 0,0-0,tl ^ 1,00./•
From January
tral Aguirre Associates received from the" special partners of Luce &
■■■.•'•/•-": '-y:r.-;
Gross from railway
205,796.470 102,902,527 127,113,731 104,047,099
Co., fc>, en G., m : i940, ,'1941' and .1943 a uisinm.tion' amounting - to
Net. from railway—./Ji// "SS,286,728
57,151,375 38,647,406 v 24,170,563
37-Va cents per share, and in 1942 a total of $1,306,800, all of wxiich
Net rv. oper. income/—' 52,108,975
are
included "in "bther'-'disfibutions/t1 Lflncludcs 'minoijty/ interest;
30,925,868 26,119,029 / 11,962,587
-V. 158, p. 2576,
amounting to $43,804 in 1943, $54,206 iri 1942, $22,994'(n 1941 ar^
$18,112 in 1940.
^'Includes $371,337 par value of common stock of
Tyuor Scores, iijc.j distributed as a, dividend, on a snare tur spare basis.'
Chicago & North Western Ry.—Earnings—
• /
Consolidated Balance Sheet/July 31, 194:1 V
v /
November—
"/"'
1943 ' '/ :
1942 /'"y: .'/'" 1941
y-/ * 1940
Shs.
i.
stk.
capital
■
,
,
_
-
/
v.;.
v
....
.
-z
7.42,674
l;
-742,674
outst.
(no par)
-
.
.
'742,674
Chicago, Milwaukee, St. Paul &
..
742,674
1943 Lfy
November—,:
,.
„
.
Arn.Wo
,1
marketable securities,. $848,058/ accounts re¬
$6,562,129;; growing crops, , $801,601; /
Assets—Cash, $333,102;:
investments, $1,434,497; investments in associated enterprises, $580,037;
oTaitn'?
fc.r rnfimde nf favpc "
4.A1-.*
prio"irl. rpnf.s hnd nlhA(vPYnp)Y^(*.C
claims for refunds of taxes,' $346,461*,;prepaid rents apd o;her expenses,
$173,285;/ fixed assets (net), $8,700,143; tptal, $21,048,834,
.
, Liabilities—Accounts payable and accrued expenses, $425,991; reserve
158, p. 2464.
Co.—Earnings—
Central Arizona Light & Power
Period End
Nov
,
^
^
1943—12 Mos.-^"1942
1943—Month—1942
30—
railway—_l/l'/ 56,782,231
N6t ry . -opeif,.. income/;/
v 158
•• "►
2570
.,
z'
125,957,757 106/44S,382
39,778,277
27,305,131
84,710,466
17,547,532
23,168,693 ■:« 16,055,076
8,525,100
-'* r:.' ; • • /.'
36,977,522
?
'
*Chicago Pnenmalic Tool Co.—Earnings—
'
■,
from
358,327 - 907,.!45
2,428,612.
4,229,270
.
Gross'lrS-raUway-^/fr 150,168,328
Net
$8,921,415 $7,701,786
1,416.922/
1,559,093
"
'
"
"
frof» /railvtay-.L;
,
total, $21,048,834.
interest, $220,320; surplus, $19,044,341;
870; minority
'
'XiCt f'iBCDIU
iNei; W- cp^r.. income™^-
taxes,
contingencies, $830,643;
—v.
.'
$747,859£ reserve - for tax,. watv rand Other
capital Stock (742,674 shares, no par), $3,766;-
income and general
for
"
>
railway—_ $13,650,437 $12,129,130
""
4,724,341/! 4,071,251/
from
'Gross
inventories,
$1,208,920;
ceivable,
,
(And Domestic Sales Company)
'Period End; Sept, 30-1- '1943—3 MOs.—1942 ' *1943—9 MPs.—-1942
$489,260x$473,062 $5,777,751 $5,753,306
^rofit^u^-/,; $754 251 ($780 123 ; $1,882^03 f$2,040 532
expenses/.—
287,295 / • 254,593
3,048,402 / .3,100,772 .^Earns. per com. share< $1.72 ; . $1.80 ,
$4.04
$4,ol
F^eral,.taxe§;.rV;pw——//'//"• ,72,224.:^>-.%.-56,345/''.4/'.( 641,389
629,399 //*Including realized profits on sales to foreign subsidiaries and, after
pttior,.taxes". /I'/L)/'//? 33,532
21,659 > ; 425,733 .
40o,282 /' 'charges, a provision of $9,995,000 for Federal income and excess profits
Prop."/ retire.; reserve—37,250 ..
49,000 , 493,007
518,250
taxes and $1,875,000 for contingencies, /•.floeluding- realized profits on
AjnotC -iPf limited-term l;':///• • // J ';//':::V'*V''.::;
sales to foreign subsidiaries and after charges: and provision for Fed'"'')jfiVe§tmen>U"<ift-^—-Uy''••"/
-3,132 ;
3,342.37,793 ,
.38,220
eral income and excess; profits taxes,* Also, after, giving effect to
/ Y"'
«'"*• ?
'
adjustments on account of Federal taxes overprovided in the first half
'V
Net'bpe^^evemies_/1/:/ $55,827/;, ; $87,123 $1,131,397 $1,060,383
of this/ year; No effect'given to any credit on accounts of post-war
Other income' I net)
.
253 z;//
16
• 7,820 v
816
refund i of excess profits taxes. tOn 335,320 shares of common stock.
OpVr^lSg
QOerating
—
,
—
.
„
.
Note—No
inc.
Net
Divs.
z-
applic. to pfd. stk.
2464.
V.,To8„ p.
'$T,06l/19'9
820,475.
108,054
.connection
has been made jn 1943 for possible liability in
.patent/litigation-decided* against the domestic- sub¬
as the amount .thereof is not determinable,—V. 158,
■.//■•; X'/%.//•;/•/•■•.//'■;'
„■1
provision
with
sidiary, company
p.
1344. ■;//.,/
.
..
•; /: ■ %//;XX'/X/."XX./X X/./.%'-" ,/'"-/////v-v•'.//'/
'
,
$87,139
$1,139,217
36,956
67,284 / /; 904,458
.//- : —: 108,054
$56,080
X;—;/.
after int. chgs.
income
Gross
Chicago Rock Island &
Railway—Interest Payments—
Central of Georgia
.
1935, Feb. 1,1936, Aug. 1, 1936, and'Feb.; 1, ;;
1937, on the first mortgage 5% gold bonds, due 1945t will be paid
beginning Dec, 27/ 1943, at1 offices of Guaranty Trust Co., New York
City, and the Liberty National Bank
Trust Co., Savannah, Ga.
The
interest due May 1, 1934, on the consolidated mortgage 5%
Tne
gold
interest due Aug. 1,
bonds,
Bankers
of
due 1945,
will be paid beginning Dec. 27,/1943,
City.—V. 158, p. 2575.
at office
Trust Co., New York
from
Net
From January
Gain
Profit, before
—V.
158,
bonds
of
:$34.495
$32,915
/"
558
————
$35,052
bond Int., deprec., amOrt/T/etc.
'
2359.
p.:
51,392
/' ;
,
:
3,334
$36,249
from
from
N/t
ry.
From
1943
Net
Net
1942
"
$4,841,871
1,508,418
913,966*
$4,841,676
railway..—
railway—1,284,318
oper.
income.
/,
362,472
,
January 1—
,
.
58,220,003
from railway...... '16,533,585
rv. oner,
in^oo-e...
5,664,366
O—ss
from
t-iiway
"Deficit.—V,
158,
p.
2249//
'
1
52.549,735
.16,761,204
8,393,424
'
.
.
1941
$3,401,411
417,819
on
p.
&
Burr,
offering of
2575.
88,366,731
760,925
25,577,270
73,789,233
16,407,300
16,232,393 / 0,900,642
;
Minneapolis & Omaha Ry.—-Earnings
1943 '
<
1942 ;
'1.941 /i'" ' 1940
"
from
Net
from
Net
•
railway../.
railway..
operV -income;*-;
From January 1—,
Gross from railway.—.
Net
from
ry,
railway.——
oper.
158,
p.
income...
$1,689,254 '
$1,510,855
$2,314,237
697,464
$2,117,029
553,800
292,925
283,152
371,033
347,505
69,847
,'73,679
ry.
.
16,492,140
25,027,818: ,21,423,122 ^18,286,484
2,775,578
7,674.372
5,317,418
4,034,299
4,600,408
2,963,333
1,457,359 - ) .286,407
2249.
210,657
;*
39,690,684
10,320,728
4,704,138
' ;• ...
Chicago Yellow Cab Co. (&
1S40
551,810
*83,072
32,548,207
7,608,251
1,063,004
3 Months Ended Sept, 3Q~r
Earnings
*
Inc.,
.
that subscription books on
have been closed. See also V. 158,
have 'announced
the common stock
'
.
'
"
ppr
1943
common share——......
and provi(5ion for income and
After, charges
Shares of
stock.-r—V, 158, p.--1344.
tOn
Subs.)- -Earnings-
"
•
profit......1./
*Net
200,131
capital-jstock,"
*
$134,730
t$0.52
1.942
$69,939
f$0.26
excess profits taxes.
(On 263,632 shares of capital
y
• f •
•: .
Cincinnati Gas & Electric Co.—Bonds
Called—
has called for redemption as of Feb. 1, 1944, a total
$246,000 of first mortgage 3'A% bonds due 1966 at. 105 and intcrect. ■ Payment .-will be made at the Irving Trust Co,, trustee, One
Wall Street, New. York City..
Holders of the called bonds had the privilege of presenting their
The
of
Stock Offering—
Coffin
■
November—
Gross
$2,912,69.4
Public Service Corp,—Books Closed
Central Vermont
the
.
of New Jersey—Earningsr
November—
Gross
Not
158, p. ,2576.
Chicago, St. Paul,
;;
—V.
Central RR.
3,743,431
railway.—„ 161,854,769 123,233,593
69,345,474
47,507,571
Net from railway——
37,631,018
33,696,284
Net ry. oper. income.
Net
)//:■
1,521,449
1,372,401
585,011
5,716,795:
1—///
$84,307
X;;Xi—Xi—
retirement
on
5,777,668
2,858,164
from j
Gross
1942'/'
$86,816
profit'
'1940 /
1942 1 7
1941 /'
$6,642,745
railway:/,.- $14,553,515 $13,052,629 $7,634,168
railway_„-
oper./income—X
Net ry.
Pacific Ry.—Earnings-
1943
..
—'52,321
Gross
from
X
'
November—
Gross
—V.
CentraMIoIlywood Building Co.- -Earnings—
"/"/'•
1943 XX
Six Mos, Ended Oct, 31—//•'"
/ '//;V://;X,/'//;-
arising, but it
-V.
of
war
constantly
below.
moneys in the /sinking fund at, the office of J. P. Morgan &
Incorporated, sinking fund trustee, 23 Wall St., New York, N. Y..
158, p. 2576.
z !'J;V'.
\
v ■. :/''/
,y/:;
out
Co.,
'2,375,159
,
,
.;/
to
is high time that they should be given
serious thought and that the foundation for post-war planning should
be constructively laid.
We now "have no reason to suppose that we
are
.
$7,637,280
^
Miscellaneous
making
plants, which are being run as a war effort on a non-profit basis.
During the year Canadian Pacifio contribution to Victory
Loans
totaled $47,171,500, of which $13,411,350 were personal contributions
of
officers and employees,
This brings the total Canadian Pacific
Victory
1943
molasses & cane
Sugar,
■y
their important con¬
tribution
to
the
company's war
effort.
Increased volume of war
traffic has been added to operation of training schools and overhaul
Pacific
2248.
areas.
of rolling stock.
Canadian
p.
Consolidated
Years Ended July 31—
war-time necessity.
outstanding performances of the/railway year the suc¬
cessful handling of an unusually heavy grain movement offers an
interesting example of the efficient • manner in which the country's
transportation needs are served.
For various reasons the movement
started late end had to be concentrated Into a comparatively short
Among
158,
Co.
Hudson
&
Chicago. Great Western Ry.—Earnings—
Review for 1943—D. C.
be a year of such activity as had not been experienced
in all their history.., National production of foodstuffs and war mate-:
rials was on a fast rising scale.
The movement of armed forces: and
their
due
—V.
Offering—rA special offering
of 8,200 shares' of common stock (no par) was made ion
the New York Stock Exchange by Paul H. Davis & Co.;
Dec. 28.
The price was $11,25 a share, with a ^pmmission of 40 cents a share, / There were 62 purchases, by, 30
firms.
Largest trade amounted to 1,000 shares; small-
Central Aguirre Associates* (&
Coleman, Chairman and President, has issued an annual
review for the year 1943 in which he states in part: : v
Twelve
E^
.*431,562
1
1.223 021
v
,
There'have been called for redemption as of Feb.
refunding and improvement, mortgage, ,3
$3,959,430
1,252,492
800,714
7.16,916,,;
'
$97,000. of
,
2,534,910'-
1,462,051
,
.
•
2,365,635
3,103,319
649,054
1,227,552
372,177.
730,602 X
3,583,684,
1,502,700
Chesapeake &' Ohio Ry.—$97,000 of Bonds Called—
'.
Corp.—Special
Celotex
/////-. //;'■
promised
•
$4,176,587
Delaware
November—
2248.
p.
1,902
(net)j.-j.
income
3,959,589
chateaugay Ore & Iron, Co.- -New ControlSee
$4,148.014'/ $3,936,682
%•
28,573 ■
~
22,748
•
$407,691
' 274,197
Dividends applic. to pfd. ' stocks for period-—
—V.
158,; p. 1728.y +
■■
439,474
$89,410
*38,480
*76,592
•
.
income—
ry, oper.
'Deficit.—V.
*61,746 ;
*100,504 /
/,
/
$121,962
?43,290
$406,047
1,644
$383,234
$385,136
Net inc. after int. chgs. y
246,485
,,
/rom
Gross
Net
,
1942
■/
$107,199
railway——./
from
13 Mos.—1942
,
reserve
revenues..
income
Gross
Vermont—Earnings-
1943
November—
Gross
.y
retire,
oper.
Other
11,982
,
2,619,461
790,349
v
Canadian Pacific Lines in
—L—^
taxes
1943-
'
-
$1,535,576 $17,666,692 $16,115,367
'
672,045 V 6,370,601
6,241,712
278,625
227,317 ''- 3,760,970
2,829,371
V /105,067 ;. V105,167
: 1,887,107762,602?
1. 125,000 X X 125,000
1,500,000
1,345,000
>
expenses....
\
1—
railway.—
from
.Gross
.
$178,154
/'"Z"■/'//'Z"
4,730,286
3,274,603
1,982,672
939,568
1,501,791
521,430
/.; \ yjy. V.v'.'
1—' ;/;■ '■•/■'
From January
Other
Property
$5,812,000.
$1,655,009
/ 763,083
revenues
taxes
Earnings—
1943—Month—1942
Period Ended Nov. 30—
Operating
Operating
1940
1942 "•/■■--/'/ 1941
$434,271 X $239,340
227,198
/, 13,564
182.771
129,639 ..170,285
,
1940
■
% $505,736
From January
•
XX
'■? ";'/;iy.'/Net' -from railway.,
X;X//X //// /X./■"/;Net ry. oper. Income...
/ ■'
; //■ ;
.—V, 158,.p, .2249.
,
-7 ///:/ ■/
■
Maine—Earnigs—
1943
from railway—$518,228
--/':// /
,1942
v"/;
1943
■
.
-
Federal
Canadian Pacific Lines in
■
.
Carolina Power & Light Co
78,266,000
88,583,000
<
$6,282,000'
158, p, 2575.
—V.
158, p. 2248.
November—
'J,/. /;.%
earnings
Traffic
1943—11 Mos.—1942
...
6,602,000
7,220,000
revenues—
1941'
$674,526
-368,630-. —226,340 —--205,353—^19,386
-
25,264.000 312,952,000 260,429,000
.
1942
$706,562
v,
$774,008
^
'"Week Ended Dec. 14—,•
—29,775,000
fry
'
•
Gross ironi railway-..
,
,
..
1943
.
JN°vemoer----,
,
:/;/,'■' Xl:;/':/
'1
1 S " •* •
,V'"'/
• V-$~
31,866,000 401,535,000 338,695,000
i
revenues
Operating
*74,864
37,001,000
..
Gross
*659,031
1943—Month—1942
,
Central Vermont Ry., Inc. -Earnings-
.
,
Ry.—Earnings—
Canadian National
Period End. Nov. 30—
v...
yr,.' .//
/
2248.
p.;
.
As Lord Halifax ' ;
it will not be well /.,;.
the European struggle
iii0oking...-towards-fche~4uture, I s'ee no indication of••g-'Slowtng ■ down-~^''Nef*^i,em railway
174,744123,130
59,763
Net ry. oper. income.
142,350
Canada's industrial activity.
For some time to come, any employ¬
Prom Jan. 1—
•
•
slack resulting here and there from cessation of - work in war
7,513,575
7,196,317
5,820,991
-Gross from- railway—*
8,459,329
lines will be
taken up quickly by renewed activities in peace-time
1,315,875
2,174,603,'
Net from railway—*^'./:/ 2,316,033
2,154,392
occupations, •■/
•
\
7".;
1,304,781 •
1,326,658 ."/ 628,476
Net rv, oper. b^ome
X" - 1,342,915
.;
Canadian Pacific plans for the future are not based upon a pre¬
—V. 158, p. 2153.
:/■//.
sumption that this country's progress will come to a halt when the
stimulus of war has ceased to exist.
I doubt if we yet realize the
Charleston & Western Carolina Ry.- -Earningsextent
of the
industrial advances Canada has made-oyer the past
1942
1941
1943
"V1940
four .years or the vast new resources that have been tapped as a part
November—
$331,558
$339,933
of the war effort,
These, together with the- greatly increased skill
$275,334
,$210,079
Gross from railway—
118,880
of our workers remain with us and will play an important part
in
141,751
86,431
52,777
Net from 'railway—.
29,726
69,738
.future deve.opment.- yyy
79,545
45,417
7-:-r;■
7.-:
://;ri:Y// /'.//;'■ 7 v/hf/X;.%:
Net ry. oper, income—.
1,432.573
*1,105,543 y *459,834
*1.199,383
income—
oper.
war.
end of
/.:
the
ment
1940
L844.038
209,938
sooner
of
year
happen,"- and
if
than now is expected,
unprepared
of
$111,295
11,071
*37,466
60,444
.
Prom January 1—>/./;
-
comes
/;/"
1
,
$1104,688
$126,900
*313,652
*371,586
1.598.000
income.i.
oper.
liabilities of
full
another
"Anything can
entirely
be
to
us
upon
however,
said,
for
England—Earnings—
*81,709
*138,928
$154,500
.
current
1942.:
1943
.
railway.—.X
from
Net
.
railway
from
Gross
has
of U.
entering
not
are
and current liabilities were $3,102,125 .after
S. tax notes.
This compares with cash of
$5,614,921
to
$9,550,000
deducting
Monday, January 3, 194.4
FINANCIAL CHRONICLE
THE COMMERCIAL &
company
.
,
trustee-priot
to the
bonds
(1944.-*-V. 158, -p.,2359.
Gross
Net
'
1943
-
'
railway—$3,158,944
■
•
'
1942
.
.
^railway-——'1,497,209
from
from
Pac^-Ry^Earning^r;
Texas'
Cincinnati New Orleans",&''.
Novembert—
Commonwealth & Southern Corp.- -Amended1 Plan To
to 3,P, M. on JDec. 31, 1943, .and" receiving
•
•
7 .
<
1
.
interest to Feb. l,
105 and
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
159
Volume
,
;,1941
" '
$3;Q46,166
.1,769,402.,
':
.
y\
•
(The) Crosley Corp.—-Year 1943 Reviewed-
"■
division,,
a
•
change
<*
into
the
Net~^y'7oper-;"income-^-r"~u-S96;387 ^ - - 4564,490 ;* -&46;649~——360,733*- •ttleirtffd^tfiF'disfcributioh;^"tfiF'^niii53S~ttocEST5riin"ttS^Ha?tReirii-?From January 1— ■ ^; ■'•••/''■ ,y ■'
group of companies -instead of the Ydistributiou solely of the common
'• 1;
■: ■'
'
20,618,634^16.650,655
railway
33,461,110- 27,692,938,
railway—15,845,158 i 12,643,989
ry, Cper. income™
5,769,672
4,519,351
from
Gross
Net
-
from-
Net
—V.
:/'\v YY'yY'. /""/"•
158, p. 2249.
5,551,119
stock of
6,302,673
4,407,418
8,618,094
,
,
Power Co.;
Consumers
;
v
•
'
-
-Kr 's'
plan
To Redeem
Cities Service,Power & Light Co.
Senior
t
,
It
with
company on Dec. 24 in a notice to the holders of debentures •
preferred s+ock sai^;
Y
.Y'Y-Y-IY"
f '■
,V
hearing will- be held before the Securities and Exchange Com¬
mission on .'Jan, 5,."lv44r, iwr tne -'puxv^c. among otner things,, of;
considering ' a plan> dated„'Deo.< 20, 1943; filed with said Commission
The
-
and
tha staff
To Pay
-
A
•
of objections
to said
amendments > and
presented by various other stockholders.
pointed out that there are " some details to be worked out
was
"before; the plan will be 'filed;;;',;'-
$9,600,000 Bank Loans—
authorized
board also
The
with five New York
the
aggregate
the
owned by others than Cities Service Co, (parent,
company) by the payment of the full principal amount-thereof (with
any accrued; interest), but ..without; payment- of the. premium 01 2%
to which they would be presently entitled' on a call for redemptions
;
Said plan further provides for the retirement of the outstandingpreferred, stock held by others than Cities Service Co, by the payment
of the invphmtarv liquidating value thereof C$100 per share.and any
accrued dividends) instead of the sum of $110 per share plus accrued
dividends to wnicn the $Y preferred stockwould; be "entitled oh redemp-;
Weekly Output— '
corporation's
with 230,584,671 for the corresponding; week
1942, &n increase "of 29,791,561 "or 12.92%
Compared
Period Ended NOV; 30—.
Gross
revemies
1943—Month—1942
General. taxes--■
Federal
Fed;
income
Gross
taxes-
prolits
exc.
^
on
by it. ; ^ "
Upon the completion of the transactions contemplated by. the plan,
the capitalization of Cities Service Power & Light Co. outstanding
will consist on)v of common, stork,
all of which will be owned by
Co.
the
and
bank
loan
mentioned.—V.
above
I^Bero^'dividends
158,
series
paid
Other
17,694,939-
Other
•*
789,079|^.
11,721,918
1,520,259
11,721,916
3,991,777
6,872,017
stock
that date
to
paid'^in'
Jan.
to
full
1,
'
10,286,694
12,716,901
$3
April.1,
1935;
the
on
share
per
City and Suburban Homes. Co.-r-Earnings—
6 Months Ended Oct. 31—
•Earnings per share—
♦On
per
annum
and
was
shares
374,518
$0.45
dividends of $3, $0.75 and $1
11 and Dec. 24. 1943, respectively.
1943, on the 1,482,000 shares of pre¬
and
1943
'■-
'
■
:
v
•
-.I-'
•
*.--'•.
.
•-
paid
shares ' in 1942.—V. 158,
YY
vYY
397,207
'•-• *
'
'
vr.;,
.'
.
7:".;-.'.
./
•
•.
..
Nov.
30,
.
'
There
The
been
called
6'/a%
first
have
for
as of Jan.
lr 1944 a total
gold bonds dated Jan. 1, 1928 at
par and interest. ' Payment will be made at the Whitney National Bank'
of New Orleans, successor- trustee, Whitney. Building.GravierandSt.;
of
$14,000 of
Charles Sts.,
redemption
certain
mortgage
New Orleans,
La.—V. 157,
p.
Corp,
Collins & Aikman
Subs.)—Earnings—
(&
•
Y $2,164,373
Y Y 386,952
income.—.-^™*..:
■
Fed. and State income taxes,; etc...
Net
-743,000
Y
profit
Preferred'1 divldendsY_,:YllY
.
Common '• dividends
000
'Surplus''
Earn,
1385.359
per/ share
•Deficit.—V.
1935..
p.
From
.
Electric
Gas
CO.—Seeks
Bidding Rule—
$3,378,044
$1,533,258
$784,926
729,000
1,822,500
1,093,500
364,500
$2.10
$1.07
Gas Co".
Net
.
■
oper. income...
January 1— YV:
ry.
Rfom
with
the
:
"$'2.33'
;:v
stock
r..
-Y,
v -"v ; '., ■". ■;
-
pp.
2.480,414
3,050,102
2577, 2249.
November—
Y
7.876,467
front
Net ry.
:
railway.™
railway'
front
FromJaituary 1—
Gross
■' Y
•
railway,1,622,211
front
Net
from
Net
ry.
1941
.
'
69,636
mium
722,016
1,501,254
737,009
Y
—V.' 158; p. 2249.
•
'
240,940
Be Voted On—
the
At'
vote
*
annual i meeting
on. new
; company.. The
1943.
—
-
.
oh
--?.?%'\
571,361
18,Y stockholders
Jan,
$5,602,809
'
$3.80
in
■;
-
:
Power
...^n|;t (of the Treasury; Department,
:
-
Period Ended Nov. 30—^
Gross revenue-'
Operating
'
!4:Y $5,034,878
Federal
Fed.
1,935.739,
,
amortiZ
Y Y
.
profits^
excess
-YY-Y Y:-"'(;YY...
13 Weeks Ended—
Operating
Fed.
!
profit..
taxes
'
r—
(inclY;excess profits tax); 1,063,000
■
'
'•
•
•
Earn; per
$482,000
$1.17
share on 366,268 shares common.™
Net
income
Divs.
Amort.-
-
of
Balance
•
Gross
Net
railway.—
20,110
Net ry. oper.
income—.
Y
$189,928-
$119,168
railway.—-..
from
from
1942
'
31,301
Y
6,867
6,746
Gross
from
Net
from
Net
ry.
called
1941
.
1940
ment
■
St.,
$102,812*
$121,836
35,504,
—V,
railway
158,
p.
income—
1/372,366
1,293,989
157,876.
55,333
2250,.
-
'
264,877"
98,758
3,175,069
3,197,036
^3,208,719
582,661
tax.J
3,258,209
6,937,523
8,568,001
_I—!_™
17,468
:
$749,951
285,388/
285,388
65,278
65,278
13,210
1,240,251
Y 292.004
139.268
1,081,703
„
189,706
69,413
-
Y
$399,284
$4,253,475
$3,710,230
$7,743,571
3,424,818
$7,918,386
3,424,816
See Western
of
estimated
$1,783,617;
receivable
from
special
cane
,
Compenr
$307,069;
:
,
receivable
from
sugar
(less advances),
realizable
value,
deposit for divi¬
for advances,:
growers
$16,932;: due to wholly owned subsidiaries not consoli-,
for contingencies,
reserve
capital stock
$77,000;
(729,-
earned
Pennsylvania RR.—Control Sought—
Maryland Ry. below.—V. 131, p. 110.
Cuneo Press, Inc.—Earnings—
9 Months Ended Sept. 30—
Jan* 14,
1944'at
101
and
interest.
at The Northern Trust Co., trustee, 50 So.
III.—V. 158, p. 2043.
recently
accumulations,
declared
on
the
a
7
';y
•After
■
"
Y
1943
$834,757'
:
Earnings per common
V.
' X
Y
:
profit
share--™™^.™™;.-
,
1942
$890,240
$2.29
$2.15
.
charges and provision, for income and excess profits taxes.—
157," p.
1268.
Dallas Power &
Light Co.—Earnings
Period End. Nov. 30—
tFederat
Y; Y;
v:-: .'Y,.
1943^Month—1942
$749,478
Onerating
revenues—
Operating expenses
$652,099
1943—12
Mos,—1942
$.1,062,521
1,767,948
1,248*484
58,881
60,676
689,521
_J—
63,201
95,253
926,550
revenues-
$176,550
$223,388
$2,270,171
793
50
5,591
Y
*
2,890,684
150,412
taxes....—
*
$7,904,795
3,408,331.
253,506
Y 19,276
300,434
taxes
appropriation
NH
oper.
Other
income y.i.z—!♦-
Gross
Net
income -.!!!.!
$177,343
chgs....
12EU950
after int.
713,301
mained
month
a
of
madqiilh previous months.
Pay¬
dividend, of
$1.75
Railway &
expenses
taxes™
Terminal
——
—!. Y
$423,013
312,347
253,622
Prop, retirement reserve
.
754
Was
$77,3.30-vfo.rr the
1942, t adjusting
1942,4 there t re¬
adjusted in * the
Y; i
,j.
.: y
.
1943—12 Mos.—1942.
$6,0.61,171; $4,442,085
3,583,464
2,847,964
•
,
78,715
42,979
636,785
15,216
85,338,
20,122
16,488
■
$2,260,054
Co.—Earnings—
1943—Month—1942
$530,682
taxes,—
-.Other;
At Nov. 30,
net ovmjqccrual of $77,331, which
Decembex\,;!,1942.—V. 158, p. 2466.
revenues
792,272
'507,386/^^1/5^^86'
cf
for the 12 months ended Nov, 30,
Period End. Nov. 30—•
,
$223*438 1 $2,275,762 1 $2,260,808
121,951
.1,535,403 » 1,467,228
applicable^ to pfd, stocks for period—
moiiihly pro-rata credit ; adjustment
and $154,660/
month
Federal
203,102
175,402
939,067
$54,955
$693,753
$612,111
-251,653
LaSal'le
Courier-Post Co.—$1.75 Accrued Dividend—
.account
supplies,
at
'
•Net
Operating
Operating
debentures, due April 1,1963, have been,
be mqde
The ' directors
accounts
recoverable
Stabilization Institute),
molasses on hand
unsold
;
1913
$1,986,566;
amount
(less reserve of
783,339
$351/899
'
-
Chicago,
1941 and 1940.
Sept. SO,
of
over-accruals
$637,288"
the outstanding 5
for redemption as of
will
hand,
on
hand,
and
rentals
Cumberland &
<
stock:
pfa.
1942,
Sheet,
$5 par), $3,645,000; capital surplus, $17,363;
surplus, $7,622,446; total, $12,999,967.—V. 158, p. 1032.
Net .oper.
Rent
23,796
;
railway..
oper.
$4,615,401 $57,296,492 $52,181,745
1,678,114
21,961,499. 18,815,130
1,204,029
6,900,084
7,412,966
Continental Telephone Co.—Debentures Called—
■
From January 1—
■;
$0,17
Ry.—Earnings-
.1943
Novembeiv—
' ' ' $4.32
1943—12 Mos.—1942
.
All of
Columbus & Greenville
•'$'6,322;d67
158, p* 2250.
-V.
$312,000
,
shax*es
Dallas
.
' i—
•* "
567,289.
1,474,494
pfd.iiStoqk-!—!
On
:expense,;
.
•''-r
2249.
158, p.
i;607
64.29f
"
677,000
;
—r-4--—
... "
profit-i.Y'-ILiXL-^.-----i'-__i:--Y.-Yi.._'
Net'.'.
—V.
;
1
,
.
Gross. incomeY ——■!-* .,$1,057,353 ; $1,150,595 $13,483,119 $12,560,880
Interest. & othe^j-dediic., , - 420,065. Y
40Q,643
5,739,547
4,642,494
Sept. 25,'43 Sept, 26/42,
$1,645,000
$nR9.ooo
•
in 1943,
Sugar
on
materials
Y
.;*Y.'' -',,V
prolits tax of $2,273,
$3,707, balance (as above) $148,537,
receivable for
molasses
Dividends
Y,1
Earnings for 13 Weeks Ended
additional, Cuban
Prop, retirement reserve
*-™j|
income "takes_-l
'
,...
$3.71;
1943—Month—1942 "
expenses^. _i ■
General; taxes
participation up to $2,000 weekly,, ■■■'." ' ;
^Y
...
• Y,;
'. :
A; Schneider, Vice President and' Treasurer, will be given ail option
for 7,880 shares ;of /common at $7.62 Va a' share, subject • to. approval- by
stockholders. .Salary: changes .are - subject to approval by the -salary
^
000
,.qbj "'
Co.—Earnings—
"'
Depreciation &
(Cuban
and
Other
Consumers
net
Stabilization
less
(par $5)
$1,279,976;
dated, $42,966;
,
"1 168:843
.•■nnrl
See Western Maryland. Ry.
■
profits after preferred .dividends up to a total of $3,50Q
■weekly while Jack Cohn received $1,500 -.weekly,;$200 expenses,, and a;
•
661,015
Consolidation Coal Co., Inc;—-Skle of Road Proposed—■
below.-L^V. 158, ^p. 2360. V
^
will Ybe.; a&ked> to
Y..YY ; YY"
The proposed contracts provide' that Harry Cohn, President,v shall
have a salary ofY$3,500 - weekly .plus- $300 weekly expenses ~and\ that
.Jack Cohn, i executive Vice President, :shall have; a salary ,of j $2,0oo
weeklyY pius ■' $200 expenses. Under ''the: former contract' Harry YCohp.
received $2,500 Weekly plus $300: expenses ;and a Y participation; of
12%
2,403, OOT''"'%
■
$5,498,397 ' 5
•
*
'
■
•Depreciation expense" Uiciudes for -1943 an.. additional appropriation
of $900,273 equal to. the current reduc tion in taxes,
resulting . from the
deduction for tax purposes of an amount (in excess of normal
depreci¬
ation) -allowable as amortization of emergency facilities under section
124 of the Internal Revenue Code.—V, 158,
p. 1823.
employment • contracts ;:lor';ithe^chiefYejfecu{ive!5Y;,bf. the
contracts are to run for; two..yearsf beginning,"Juiy.l;
v
2,220,918
1,152,506
121,518
'i.
'■
$154,517,
ferred credits,
$9,914,188
2,202;424
Earnings -per com. shr..
Y 364,656
attributed
cost
pre-
Net income %!-™!_!
•
Executive Contracts Wilt
"rry:^YyY^;.;-
$9,346Y714
bonds.
on
of
excess
Iilabilities—Accounts payable, $170,506; accrued taxes, $492,160; ac¬
payroll^ $21,744; other, accrued liabilities, $26,655; estimated
freight and handling charges in Cuba bn sugar and molasses, $469,808;
dividends (contra) payable, $169,095; liens on properties, $228,292; de¬
692,399
••■■■■•-
';::'Y'YY'Y'YY";'?
Columbia Pictures Corpj
of
in
of
$8,633,430 Y $9,221,769
713,284
47,422
v:.
1,255,672-
389,221
part
crued '
8,801,593
659,867
deductions..*..'!.
Other
*
income—.
oper.
income
amortiz.
&
$8,211,954
8,507,981
$7,926,752: x$8,871,821
.....
...
'
253,105
616,599
Int.
71,944
35,595
1,669,613
^
1940
.
$140,637" ' $135,011'
$155,406
61,440
'
22;515
'
'
'•
railway......
Gross
1942
$151,061
59,694.
: 22,345
.'
Income
oper.
1943—12 Mos.—1942
8,174,333
$7,340,354
586,397
Operating income
Ry.—Earnings-
1943
'
claims,
this amount may be subject to
to existing arrangements with the
final realization of sugar and molasses,
A
$71,986), $746,854; growing cane,
$41,908; membership in N. Y. Coffee & Sugar Exchange, $2,400; in¬
vestments
in
wholly owned subsidiaries not consolidated,
$16,092;
property, plant and equipment (less reserve for depreciation of $1,286,137), $5,27.1,915; work, animals and live stock, $32,611; deferred debits,
$291,488;,other assets, $38,222; total, $12,999,967.
10,471,554'
Taxes
$4.63
the debtors
(contra)v $169,095;
interest
Total oper, ■ revenues-, $46,837,672 $42,855,839 $51,341,289 $46,930,881
Operating expenses™..
26,551,255
22,523,956
28,762,833
24,291,236
•Depreciation _5,069,594
■ 3,945,595
5,437,044
4,616,282
7,344,594;5,952,021
1,909;558 % 947.345:
1,037,475
y 513,918
3.425,343 ;
hand,
dends
.
116.575
.
deferred
on
company.
Assets—Cash in banks and
$479,765;
■.
-
revenues.™
oper.
Other income
Net
■
.
Colorado & Wyoming
Gross
Y%.;
198,75 Is
,,;
Golfo
the
adherence by
$166,106;,
SS2,639,689 $38,808,378 $35,705,383 5
9,46*4,775' 11,509,707
10,355,477
Steam heating oper.; rev.Y Y. •857,049 Y
751,374
1,023,202
870,020
$659,214
140,459 % Y
del
by
sation-. Fund
revenues™. $35,509,069.
oper:
Gas,
Y
1940
5
.
.
; $687,171 -
493.020; Y Y
9,623,910r
..
•Deficit.—V. 158,
1941
:
Y
crediting $21,238 in 1943, $8,327 in 1942 and $10,000 in 1941,
for contingencies provided from profit and loss in prior
no longer required,
tAmount realized by Compania Azucarera
molasses
on
Tiie parent,- company proposes, to,, negotiate
Republic Co. of Chicago for the sale of the stock.
Central
'
$1.23
(less.^reserve), $386,284; estimated
Consolidated; Gas, Electric; Light & Power Co. of Bait.
Elec,
409,714:49,16.4
v
railway..: 12,966,393:
railway.^j..-.
-5,032,561
from
Net\ry; oper. income.*.i
.
,
from
Grass
Net
-
$Ji094,035
384,530.
-
Y 1942
the
HOn 729,000 shares
stock.
common
^V.» 158, p, 2577.;;;
Ry.-—Earnings-r;
-
expenses-
reserve
and
gFC to exempt from th* bidding rule
by- it. of 400;000 shares of Central Illinois Electric
proposed sale
—Earnings—
.■>; November—
Y YY;;.^'* 1943
Gross front railway...,- $1,411,398
-Net- from railway__™i. =Y
606,717
534,602
$899,225
Exemption
Y
y
;
;
Period Ended Nov, 30-4^ 1943—11 Mos.—1942
Colorado & Southern
39,494
and miscellaneous other items (net)
$890,857
-.,Y
52,851
taxes
f Additional income on
$101,744, reserve for contingencies provided from proiit and loss, no
longer required, $160,700, miscellaneous other items
(net)
$15,034,
total $277,478;
less additional Cuban profits tax $30,262,: balance
(as above) $247,216.
§Additional income on final realization of sugar
The -company, has. asked: the
the
; Y 422,100
":Nii
25.74J
165,267
Consolidated Balance
150.750"
.
24,035
112,627
company,
elec¬
for
Consolidated
-.'J
•
of
the- corresponding week of 1942, an increase of 40.1%/
of electricity amounted to 215,400,000 kwh., com¬
152,400,000 'kwh; for the corresponding week of last year,
increase of 41.4%—V. 158, p. 2577.
an
741,208
;
*$G1,731':
$1.57"
stock
common
on
158,
kwh.
86,889
' 116,835
year-
thereto
pared. with
■
■";
output
78,030
113,156
profits taxes
contingencies
for
Atlantica
Local distribution
,
71,300
"Yv;i49,061 '
": 149,082
r Y'-'yyu.YYY.yy'-
■
System
$247,216
$1,178,829
131,369
32,025
years,
tricity (electricity generated and
purchased), for the week ended
26, 1943; amounted to 223,600,000 kwh., compared with 159,600,-
Y $87,321 "$i;l463,707:
$1;034;421Y
that
§148,537
$2,178,923
•12,000
..
.120,473
-
'
announced
101,821
$4,972,282
444,152
for
Dec.
$662,253*; $2,564, 16
I 333,149^
359,201
-
Depreciation
inventory.:" w.rite-downYY-^'YLY-i-ii,*-"'
29
130,943
$1,629,273
j,
•After
to
ratify a plan for recalling
bonds of the company and putting "ler refinancingWalter L. Carr, Vice-President, said. He declined,
on. Dec.
company
46,253
1,381,228
•8,073
Y 1,213
Profit
Consolidated Edison Co. of New York, Inc.—Output—
-The
;
/ Nov. 27, '43 Nov. 28; '42 Nov, 29, '41
Operating proiit before deprec;_™.'.$2,l38.8'*4 v 4575.475 $2,465,097
other income Y—iiYY'!'! 25,539 - ; ■ 86,778 7:-99,019
■Total
voted
13,933
$804,255
•4,262
for
continued
:
.
outstanding
27
.
65,262
115,843
144,750
Dividends paid
HEarnings per share on
however, ' to make public: details' of the plan.—V. 158, p. 1935.
''yYYYyYY} %'■'
(Excluding Canadian Subsidiary) *••
9 Months Ended—
Dec,
on
program into effect,
2346,Y^Y'IY
-
stockholders
68,776
138,24o
t3,558
expenses..
Miscellaneous
Connecticut Ry. & Lighting Co.—Plan Ratified—
—-Bondk Called—
......
& other
income
common
Cloyerland Dairy Products Co., Inc., New Orleans, La!
$1,819,805
73,047
& disc't.
auditing fees
other
Prov.
Dec,
on
$4,715,814
77,667
86,272
income
income
Cuban
outstanding, after taking into account dividend
24,Yle43, amount to $27 per snare (exclusive of frac¬
tional scrip )^. or an aggregate of $40,005,387.
(2) The accruals for Federal income and excess profits taxes for
the 11 months ended Nov. '30, 1943, are at the rates prescribed in the
1S42 Revenue Act.—V. 158, p. 2577, 2466.
'
$0.40
——
in
at
as
$1,296,265
115,794
Y
.
A
Loss on property retired
Prov. for U. S. Federal
1942;
ferred stock presently
1942
$156,982
-
1528.
p.
>
1943
$168,202
1
Net income after all charges and taxes-—!——
arrears
151,479
Int.,- exchange
$G
per Share were paid on July 22; Oct,
Dividend
154.059
income
Legal and
corporation's
Y—1
L74.016
-—
operating
Total
3,574,148
118,561.
3,668,223
...
income
Adjust, with respect to
opers. of prior years-
on preferred' stock 0f parent corporation*
were
5,'704.257
;
Extraordinary
•
976,8i3976,813
248.118H",::;; 513,434
5,377,287
expenses—
Gross pro. from sugar
and molasses
46,575,567
,
Dividends
preferred
from
19,511,586
16,496,566
'.
YYYYY';'' /.Y-
...
10,941,610
3,470,138
.
44,927,163
Y
preferred, Stock of1 Cities Service Power & Light Co; held
Notes^-(l)
Depreciation
15,629,878
9,981.480
-'■y,,;'
,
f 16,196,748
and
.
1,377,795
'
Of ''subsidiaries--.™—
,Other,; deductions *
—.
Cost Of sugar purchas.-
64,776,532
4,388,303
;
cane
other
22,103,645
.
1,389,185
stock'
pfd.
—
Of
Manufacturing, shipping
3,403,196
.
Dividends
Cost
22,549,629
:
4,685,763
T_
ports
:
2,439,700
taxes
income
1943—12 Mos.—1942
75,581,803
r
.
Interest
Gas Co., The Wyandotte County Gas Co. and The Com-'
in unity /Traction
Co,, for deoantures and certain'preferred: stock of
Power & Light held by Cities Service Co.; and for the surrender by
Cities Service Co. for cancellation and Retirement of all remaining
Service
1942
'■■')
1941
1940 ' :
^ Yv.-'<':YY.:•
:'vY'.r;". Y1-.
YY'-.-Y 'm'Y"
y'1"'
''Y
:
Y "■
$14,174,748 $20,268,438 $10,093,333
$9,326,678
7,327,181
9,694,308
4,453,826
4,684,963
molasses, f.o.b. Cuban
29,811,333
-.
-
;:
(& Subs.)-—Annual Report
Earnings, Years Ended Sept. 30
-1943;''y'-y';-
1
5,707,327
.
s
Kansas City
2576, 2042. '
,
$
'.Y;
S
16,005,469 200,008,288 178,578,689
17,597,537
v
Operating> expenses% 7,380,5.73
Deprec. and amortiz.;
2,127i003
,
p.
Consolidated Statement of
in
Y Income from sugar and
Earnings for Month and 12 Months Ended Nov. 30
'
.
to
•
fullest
.
7,'
-:
facilities
\
Cuban Atlantic Sugar Co.
^
corporation adjusted, to show general business conditions of
served for- the week ended Dec. 23, 1943 amounted to 260",-
s
manufacturing
our
has
."
as
"
re-convert
but also, when we get into peace-time production, to provide
measure of employment possible.
Our employed' personnel'
increased three-fold during the,past three years and is still increasing."—V. 158, p. 2578.
y;1
the
"
territory
tipn Or vplulitary liquidation, or the suiri of $105 a share plus accrued
dividends to which -the $3 and $5 preferred stock would be entitled
on redemption or voluntary, liquidation.
'
'.7: !"'■/' ■
•
In addition, said plan provides for the procuring- of a bank loan
by Cities Service Power & Light Co. in the amount of- $20,000,000 in
order "to furnish part of the funds required to retire the outstanding
debentures and preferred stock; 'for. the exchange of' certain securities
held bv: Cities Service Power &"■ Light Co,
in The Gas Service Co.,'
Cities
required' to
ing
loans
sum of $3,600,000.
376,232.
-
,
this
of
be
anticipate that our production will be confined' exclusively to
.war
products during the. first half of 1944 and we are doing our
utmost to keep our plant loaded to the maximum
productive capacity,
not only to provide all of the war material we are capable of produc¬
weekly kilowatt: hour output of electric energy of subsidiaries
The
5^2% "debentures,
look backward
"We
-
by. the compahy for the sihiplificatibn' of the company's..capital ;Struc-:,
ture.
Said plan provides for the retirement of all the outstanding
we
orders
civilian production.
,
payment, of
banks in the
will
time
7"';:Y-7;^
;."..,, /'.
unfilled
what less
.
alternative' plans
Debentures—Bank Loan—
the year, as
find
,
"In that case, our total' volume of production in 1944 may be some¬
than is now indicated by our unfilled war orders, as some*
>
consideration
and:
we
part of our unfilled, war orders, we anticipate that, in the latter
part of 1944, the manufacture of some refrigerators, and household
radios may be permitted.
1
was
,
tiations
1944,
a
-
adopted after consideration of the request
to amend the present plan in the above particulars made to the board
of directors by' various' holders "of • substantial amounts of preferred
stock and common stock as a result of protracted, compromise nego¬
amended
The
.
end of
"Should the trend, of the war justify cancellation or reduction of
■
•
Vice-President and General Manager^ manufacturing
23 issued the following statement:
'
Dec.
on
the
"At
into 1943 and ahead
indicating that we., will be even
busier,in 1944 than in the 12 months ending Dec. 31, 1943,
(
"OuY billings
in 1943 will be approximately $8Q,000,QQ.Q ,as,.,.cpm-pared with" $43,i)00.000' in;~1942;'"aird $27',000)000 in 1941.
approved the filing of an amended plan to
capitalizatidn of the corporation.
The two substantial
changes in the plan previously filed are-the substitution of an 85% 15%
basis of allocation for the 80% -20 % basis in the plan previously
.1940 '
C. Cosgrove,
R»
President, announced that the directors at
(1 Justin' R. Whiting,
meeting'' held Dec. '28
$1,969,364 ' $1,506,842
'811,906* .
556,055 '
»
' ' -' •!'"
/■'
Be Filed—
share on
% .cumulative preferred stock, par
for
revenues—..
lease
of
Other, income—
$100, payable Jan. 3 to holders of record Dec. 22.
J,
like amount
has been paid each quarter since and including Oct. 1, 1940. Arrearages
as at Oct. 2, 1943 amounted to $7 per share.-—V.
157, p. 2346.
Net
after
—V.
158,
$25,858
161,555
25,667
—
$103,010
$25,858
,$393,753
$476,223'
chgs.
84,132
2,4S8
423,527
179,371
applicabhM;o pfd. stock for period™"
26,901
26,901
income—
Dividends
•
—
per
Gro'S
$103,010
plant
interest
p.
2466.
Dejay Stores, Inc.—Earnings—
Earnings
$31,822
$0.24
■v—■
.
common
per
1942
1943
-A—'—•££'£,.. $124,940
share——*—————-—'
+$1.00
profitj
Net
inventory^es^eriKirhpTOirislons—for—F6deraLJnicoinje._attC
excess profits taxes.
tOn 124,450 outstanding shares of capital stock.
5On 131,965 shares.—V. 158, p. 2250.
:£;£ ///,.£:£ ■£ ,/"
Net
Net
ry.
,
Corp.—Earnings
Years Ended
from
Net
Rev.
rentals,
from
Expenses
bef,
inc.
Net
of
income
$8,157
.
$25,652
17,965
$7,686
$10,052
r-
$346.
Sheet,
Balance
'£'££.
16,112
$9,406
deprec.V
other
•Includes
$26,164
16,642
*$25,843
16,437
etc.-
.—
1943
Sept. 30,
receivables, $2,047; cash in bank (security
deposits), $625; real estate taxes, $2,455; insurance premiums (unex¬
pired portion), $2,136; leasing expense, $3,617; other deferred charges,
$66; land, buildings and equipment, $595,719; total,^$620,327.
Assets—Cash,
notes payable, $28,704; real
estate taxes, $16,320; accrued intent on delinquent real estate taxes,
$726; security deposits and rentals ccmected in advance, $845; capital
stock
(11,287 shares at. stated value of $1), $11,287; capital surplus,
$462,948; earned surplus before depreciation, $99,375; total, $620,327.
N0tc—No provision has been made for depreciation from Oct. 1, 1933
to Sept. 30, 1943.—V. 156, p. 2221.,
■ v
>/
<//£/;:;,£
payable,^121;
The
deposit of second mortgage
mortgage fixed interest bondsSee V. 158, p. 2578.
for
period
for first
change
Jan.
1944.
21,
Delaware
!
•••
$3,687,468
1,164,441
$2,750,108
638,978
1,140,139
railway———
from
Net ry.
1,237,483
474,951
income—
oper,;
1— %%^%/ZV'
: ,/£
from railway.^-- : 44,366,789
Net
ry,
Distributors
directors
The
for
iron
cus
—V.
price.
$2,240,233
619,691
; 428,606
.
31,190,490' 24,452,409
14,659,191
9,026,816
10,695,065
7,831,758
disbursed.—V.
158,
7,194,253.
5,148,000
November—
.
Net
ry
1942
.
,
$6,001,171
1,981,685
—642,088-.;
incomeii
1—£ v.
oper.
1943
,
railway
l,Q27j236
_
1941
$4,900,264
1,033,600
341,922
1940 P.
$4,265,246
1,224,286
761,914
55,542,591
47,306,268
16,199,930
11,130,585
9,287,383
5,878,891
^
From January
.
Net
ry.
23,196,285
from; railway
Net
66,171,674
21,882,097
10,409,347
74,746,102
railways-
from
Gross
10,034,468
oper.-.income—
p. .2578.
from
Gross
from
Net
1943
railway
income—
Z
Light Co.—SEC Sanctions Transfer
Delaware Power &
1,120,600 shares of. common stock of the
holders of the 23,252,005 outstanding capital shares
of the United Gas Improvement Co. was
approved Dec. 28 by the
Securities and Exchange Commission.
v
-.
Among the 65,000 stockholders who will receive one share of Dela¬
ware
for each 20 shares of U. G. I. now held is U. G. I.'s parent,
the United Corp., which will get 303,311 shares,, or 26.09%
of Dela¬
ware's stock.
'■■■>:■■
i
All but about 42,000 shares of U. G. 12s holdings in Delaware (will
be distributed on or about May 22 next, to U. G. I.'s stockholders
of record of a date to be chosen by. the board of directors.
In lieu
of scrip for fractional shares, <cash„ will be
distributed at a rate to
l:e
based
on
the
average
of daily closing prices on the Delaware
£tock for the period from March 27 to 31,
1944.
Consummation of the plan is contingent on the vote of the majority
Of U. G. I.'s outstanding capital stock shares within 90 days.
The Commission found the Delaware distribution a necessary step
A
from
Net
from
Net
ry.
—V.
1,526,814
£.. 531,118
.
..
,
.
.
;
.
among
'
simplification and integration, since it will
reduce the company's stated capital by $16,463,014 and "facilitate its
elimination
as
a
holding company for unrelated utility properties."..
Immediately after the distribution U. G. I. will sever common officer
relationships between it and Delaware.—V. 158, p. 2578;,.
U.,
I.'s
G.
of
process
-1,915,319
$2,328,747
58,852
353,761
268,612
$270,348
$2,730,718
$2,597,359
745,300
61,800
765,145
/££ $177,476 V£ $208,548
63,260
$1,965,573
^;,./.;
amortization
&
deductions—
•
40,657 £•'.>£;
40,664
$1,852,059.
490,121
95
21,543
384
453,180
13,620
■>
.
//.
•
^
div.
minority
$167,788 - $1,453,908
$1,385,257
E. Co.J_" .£—-£..•■£ 77,652%££ 77,652
V.' G.- &
deductions: ;B.
Applicable, to
*
;
,——,.£$136,435
Balance
Pfd.
,
%' Eastern Utilities Associates—
Earnings, of sub. (as above)
—..
Non-subsidiary
■.// 1941'-V' 1940 "!¥>,■
$4,054,175
$3,792,513 $2,278,448
2,437,806 £ 2,469,772 >: 1,325,419
1,067,249
1,684,351 %Z 763,125
Total
19i951
$1,287,655
$1,356,183
:
1
I.
—
$1,287,655
:
290,46(3
213,004
$1,578,115'
$1,569,187
taxes and interest—
Expenses,
,
20,073
$1,356,183
interest—•
Applicable to E. U. A—————_
£
Earnings—
railway
income
43,424,777'
28,791,462
8,091,460
41,013,779
.
railway
oper.
158,
23,620,190
8,776,688
.
27.395,906
17,965,266
12,787,642
35,869,655
24,327,035
15,951,173
154,675
141.699
$1,414,512
—V.
ry.
1942
£
112,253
income
There
$1,436,415
-
interest.
$201,275
106.096
Gross
from
Net
from
Net
ry.
4.031,338
158,
.
'509,585
:f 647,689
v..\£ v'i/Z"£:£Z:
£ 301,840
£'£££■*.//
Net
ry.
1942
$156,900
31,459
39,096
>
income—
••
*2,339
Net
ry.
705,749
483,998/
268,652
like
1,082
company
amount
cents
20
1,366,385
£
271,365
320,360 £.'
'
/'
23,945
*5,441
,
John
Federal
J 1943
30—
but before
„
...
profit—
Earnings
...
common' share
per
•Computed
the
at
.
1941' \
..
■
$1,624,169
741,000
:
1941.—V.
,2
3394.
151, p.
the
the;,
\*;
^
the
of
Pennsylvania
President
appointed
been
of the
Co.,
Corp.,
Rubber
Eisemann
1.
formed _by;the .consolidation of the Efsemannt Corp., manufactures magnetos, fuel
various electric assemblies for aviqtionj automotive, marine and industrial internal combustion engines.'
The
I
Eisemanrt
Corp.,
the Airward
couplings and
and
Corp.
injection
systems,
p.
151,
1720.
Eisemann Magneto Corp.—Consolidation—
See
stock.
of 40%.
tOn 574,528 shares "capital
capital stock.—V. 158, p. 1440^
Brooklyn, N. Y,—New President—
Vice-President
has
Pa.,
Magneto
$2,153,361
$2,050,316 .; $883,169
"
t$3.67-„
:f$3,57 v
t$L5'4
rate
shares of
JOn 586,951
for
27 paid a year end dividend of 25 cents per
stock, no par value, to holders of record Dec. 20.
on Dec.
20, 1942, which compared with
20,
—V.
1942
,,
$4,009,361- $3,765,316
1,856,000
.*1,715,000
taxes.
taxes
income
.
called
disbursed
Seubert,
A.
Jeannette,
^y"E^tem^iFTjtnesrTne^Eamin^S7rny:y£:,:
9 Months Ended Sept.
the bonds
.
Dec.
on
was
Dec,
on
effective Jan.
Erofit after chgs.
of
any
22, 1944, and Will receive payment of
with .accrued interest on said principal to
157, p. 151.
Eisemann Corp.,
J
:
surrender
1,532,053
127,133'
2190.
158, p.
to
surrender.—V.
share on the common
A
'
income—i
oper.
•Deficit.—V.
:£•
.7,279
-
desiring
together
such
of
The
27,488
35.571 '
3,922
1,899,200'
railway——
from
Net
Z
,
total
a
Egry Register Co.—Year-End Common Dividend—
:£
1940
$129,353
'
2,190,600
oper,
'£
1944,
prior to Jan.
time
any
f
£Z;
$149,851
'
££
railway——
from
££■'■1941
1943
$216,000
.
railway—-'
from
28,
Jan.
Jan.
principal,
date
Duluth Winnipeg & Pacific Ry.—Earnings—
November—
Gross
at
£,.££
'V
'
of
as
28,
1944, prior to that date, may do so at the
National Trust Co., Ltd., trustee, 20 King Street East, Toronto, Canada,
redemption
867,593 £
877,033
redemption
sinking fund bonds due 1951 at 100 and
made at any branch in Canada (Yukon
of The Dominion Bank, Bank of Montreal and The
bondholder
Any
/ 2/438,019
3,148,011
1,167,477
1,054,889
income—
2251.
p.
3,917,004
1,324,976"
railway-—;
railway
oper.
for
be
will
.Royal Bank of Canada.
12,823
::/
called
been
first mortgage 4%
Payment
Territory excepted)
31,368
90,120
.
Eaton Realty Co., Ltd., Toronto—Call—
have
of $270,000
1940
.
$322,217
41,178 /
20,259 " £
•
89,848
oper.
1941
%
$279,104
$352,508
railway
railway—
from
Net
2251-"
158, p.
(The T.)
1943
for dividends
z./v Balance avail,
2251.
p.
from
Gross
Net
for distribution of
plan
company
accruals
income
Interest
1942
$3,570,231
.
railway——
oper.
ry.
'Net
in
.
1,829,708
$2,376,957
27,728
———£ •£/■ $240,736 -2
reserve
Gross
158,
—V.
4
-
.
> From Jan. 1—
Gross from railway—-
Western RR.—Earnings—
$6,310,494
1,471,737
railway—
from
Net. from
1167.
p.
Duluth, Missabe & Iron Range Ry.-
Net
Delaware, Lackawanna &
Gross
Republic Steel Corp. in 1939.
1730.
p.
148,
November—
the sale of the Chateaugay Ore
bodies which were leased to
ore
Retire,
111,746
$211,495
$213,007,.
(net) >: Z
income
Balance
-
.
167,634
.-
revenues—-
oper.
Non-oper.
Duluth, South Shore & Atlantic Ry.--Earnings
Y. (98% owned) to the Republic Steel Corp.
The Chateaugay.company has low-phosphor-
N.
Lyon,
undisclosed
an
,.
.
November—
41,822,256
29 approved
Dec.
on
of
Co.
Iron
and
Net
Vice-President—
Group,-Inc.—Resumes Dividend—
Subsidiary—
Sells Mining
(incl. inc. taxes)
Taxes
The
—V.
■
:!£;
corporation on Dec. 27 paid a dividendZZof 25"cents per share
on
the preferred stock,
par 25 cents, to holders of record Dec.
18;
This is the first payment since Feb. 10, 1937 when a like Amount was
%
1940
9,486,123
income—
oper.
££
From January 1—
13,083,779
railway
from
Net
-
<:
v
From January 1—
From January
Gross
•3,7837411-—3,978r33&1,987,128 V: 2.225.515
694,475 .5 V. 793,030
Miscell.
,
1941
$3,783,868
597,890
railway.—
from
Gross
Net
649,366
•
-
,
•
-
1942
1943
1,926,266
/£.
Subs.)—Earnings—
Period Ended Nov. 30—
1943—Month—1942
1943—12 Mos.—1942
-3,376,510—^Operating..^xe.yen:u^^^..:—$9.45,404----$93{>,476-$ll,O7it;368 $10;9I4 8ST"
,1,773,592 ;
Operation
525,934
• 566,644
6,411,095
6,190,881
V 756,687
Maintenance ——LXv-££J- 38,917
40,590 - c, 461,607
479 915
-
Ohio, on Dec. 24 was- elected Viceof Distillation / Products, Inc., at,Rochester, N. Y., effective Jan. 3.
He,, was . President and • General
Manager of American Anode, Inc., a subsidiary: of B.ZF. Goodrich Co./,/
The company produces vitamin C concentrates, and other vitamin
products.—V. 146, p. 3952.
,
,
Gross
income bonds for ex¬
has been extended to
■ ■
" £-
Hudson RR.- -Earnings—
&
November—
-
3,767/161
income—.
Distillation Products, Inc.—New
Net
Extended—
Products, Inc.—Time
Delaware Floor
70,146
•'
,
,
Eastern Utilities Associates. (&
Raymond W. Albright of Akron,
President
and General Manager
$13,662;
Liabilities—Accounts
railway——
oper.
158, p. 2250.
—V.
1940
1941
1942
$25,799
1943
Sept. 30—
$317,515
.££:■•'
railway——
from
Gross
1631,',.:
p.
■/' 165,984
From-J a nuaryl
Net 'ry.
Delancey-Clinton Theatres Operating
income—
oper.
,
$7,194,378;
1940
'1941
$320,201
$384,747
167,492
"-.197,594
25,744 & -£ 41,446
.1942
-
131,221
18,814
railway———
from
~r*After
$301,926,
railway——
from
Gross
/
1943
November-
$107,736; commonshares >($1 par), $143,517; capital1 surplus,
earned . surplus,
$4,882,479;
total,
$14,545,229.—V.
158,
o"£% £• ££'. -
($1- par),
Detroit & Toledo Shore Line RR.—Earnings—
/'/;': ■ £!\p>
Ended Oct. 31—
9 Months
«
/ •;
Monday, January 3, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
Eisemann
above.—V. 151,
Corp.
p.: 1720.
-
Elgin, Joliet & Eastern Ry.—Earnings—,
Eastern Massachusetts Street
,
$1,140,403
£ 569,405
Railway oper. revenues-
Railway oper. expenses-
Operating income
$173,362
29,471
41,596
<
Net
ry.
961,489
:;£
-122,578
v< .';*98,959
*194,700
594,137
29,996,951
30,943.399
26,729,826
19,858.089
income.--
oper.
1940
$2,1.96,440
$2,781,222
$2,431,419
271,662:..'.
152,568
$2,713,028
639,977
;
From January 1—
Gross
from
oper.
ry.
8,322,689
railway.—'
.Net, from
Net
railway^-—
i-'OCfi'i/.>)£'
158,
,11,139,644-
7,353,159
4,293,617
10,807,990
.
5,330,650
2,645,061
v
2251,
p.
' ' £: '
■(■'v.''»:•
t'r.
'
'
1,803,545
income,
-
' ' '
:
■
■
Empire Gas & Fuel Co.—Proceedings Dismissed—
350,473
312,241
804,021
£.99,347,
67,373
'
post-war
1,078,409
,7.
re¬
60,000
275,000
'-s. $78,613
income
,£ .275,000
$45,595$857,956.£;- $665,011
provision for retirement losses.—V.
•Before
$2,327,297.
:
$2,034,218 ,£$2,368,893
$449,413
27,376
—
adjustments
•Net
$1,989,545,
Kv■: 44,673'
1,875,734
v
..
railway—.
railway.——
•Deficit.—V.,
etc.-
for
3,825
3,770
3.273,698
.,
from
fund,
on
Depreciation1'
Prov.
$445,588
'
income.^
debt,
corp.
rents,
$995,573 $12,570,659 $10,016,534
326,179
7,307,416 "-5,813,503
223,806
i'
-iiii.
•,£££•)'%£ -
Other income
Gross
,
401,406
—
from
Net
'"1941
1942"
November—1943
Gross
1943—11 Mos.—1942
'
$169,592
Taxes
Interest
Railway—Earnings—
1943—Month—1942
Period Ended Nov. 30—
158,'p. 2467.
Securities
The
Exchange
and
Commission
its
dismissed
has
pro»
ceedings bearing upon the plan of recapitalization of company, a sub¬
sidiary of the Cities .Service Co., under, which Empire was authorized
to offer 3 Va % .sinking fund debentures in exchange for its outstanding
stocks
preferred
become
of
£ ££ (£'£:£
85%
by the public./ The plan provided it should
the acceptance of such exchange offer by the
of the preferred stock held by others than,
held
effective
holders
upon
more
or
the Cities Service Co.
November—
-
from
Gross
Net
from
Net
*22,126
income
oper.
ry.
$124,368
*58,954
Period Ended
1941
1940
$254,025
$275,645
64,908
134,448
»
'
•; 82,415
153,512
2,227,255
1943—3 Mos.—1942
$335,554
t$460.769
Sept.30—
w;
•Profit
£.115,582
2,588.042
803,037
1,070,372
railway—2,501,469
Net from railway
—
487,357
Net ry. oper. income—
616,415
158,
561,797
595,379
798,709
profit
$22,727
$0.11
depreciation,
———
Earnings per com. share
832,082
•Before
State
2250.
p
Net
provision
taxes,
income
for
tlncluding
fBefore
taxes^ .(estimated),
excess
.
...
.
.
,
1943—12 Mos!—1942 .
$$2,142,043 -i $1,798,025
78,368
320,834
47,530
265,297
and amortiz.—
fProv. for Federal taxes
Deprec.
1—
from
•Deficit.—V.
Eastern Rolling Mill Co.—Earnings— -
,
1942
$277,103
103,242
128,646
1943
,
railway—.
railway.—.
From January
Gross
Ry.—Earnings-
Salt Lake
&
Denver
913,850
1943
Gross
60,024,345
52,257,975
surtax.
3,300,000
Excess
tax..—
profits
11,050,000
7,300,000
income from utility operations
1 $13,274,450 $13,086,657
miscellaneous
incolfne—76,338
132,717
Balance,
Other
Gross
income
corporate
debt
and
post-war
will be determined
which
credits,
of contracts
year-end.
Figures for 1943 subject to renegotiation
U. S. Government.—V. 158, p. 2251. :;£v :
at
with
9 Months Ended
Eastern Sugar Associates (& Subs.)—Earnings-
and
$13,350,788 $13,219,374
.
^
discount
—-
expense-
4,802,829
4,885,637
1940
1941
1942
1943
Years Ended June 30-
Estimated
Net
107,645
$7,913,787
Compensation
received-
410,036
be
440,019
442,216
$5,395,180
453,025
$8,323,823
$9,273,986
$6,567,024
$5,848,205
Net
'
income
$8,547,959
;•
$8,333,738
*Operating
and
maintenance
charges, current, appi'opriations to
retirement (depreciation) reserve, provisions for accelerated deprecia¬
tion and for. post-war adjustments, and accruals for all taxes other
than income taxes.
.;."
■
"£
Total
7,212,138
7,318,951"
income
paid
Interest
Depreciation
■.
Balance,
Official to Retire—
Profit
—
prod., mfg., etc."
Cost of
on
——
Sheridan, a Vice President and for many years sales
will formally retire in March, it is announced.
She will
relinquish her active duties as of Jan. 1, 1944,—V. 158, p. 2044,
Sarah
profitprior
•Z1'.
Profit
on
Total
invest,
(net).
£
November—
Gross
Net
w:
/
from
railway--—, ; ;
railway
-£,,,
from
railway-.
Net ry, oper. income—
—V. 158, p. 2250, ;
—
$95,996
50,161
31,371
38,709
'
35,828
21,742
27,991
904,106
1,078.464
753,320
784,846
131,138
414,578
162,292
215,314
306,534
f 75,537
128,633
.
' '•
35,479
.
Detroit, Toledo & Ironton RR.—Earnings—
1943
November—
from railway-—
Net from railway-Gross
Net
ry.
oper.
income—
*
1942
1941
1940
$726,733
$651,021
$648,700
$694,202
318,664
283,551
252,356
364.777
198,419
221,501
182,868
225,603
8,567,563
7.593,467
8.064,351
6,783,529
3,912,176
3,255.652
4,181.654
3,176,493
2,288,745
1,889,706
2,667,822
2,032,868
From January 1—
Gross
from
Net
from
Net
ry.
—V.
oper
158,
railway—.
railway.—
p.
income
2250.
$958,077'':
12,450
.
$259,906
195,000/
contingencies-''
—
.£
276,247
,
•
43,581
Net
profit
———
(Remainder of loss on
ery
on
$680,820
.l,,,." i£
before
1942
$3,347,843
669,569-
all statements
and
1943,
subject
and
tentative
to
of 1943 earnings must therefore
further adjustment when final
by the Government of the exact amount to be refunded
£>»£%:.,£.,//"v':.
• :•
£
for the first nine months of 1942, shown
In the published report
above, no provision was
renegotiation,
lished
a
the
at
made for,, renegotiation.
To provide for
of $800,000 before applicable taxes was estab¬
This was later increased to $2,850,000 in
settlement
recently
arrived at with the Price
reserve
of
close
with
a
1942.
Adjustment' Board. '
'Z;^^ :/'./• ■"£ .,-:/.Z£v.,:';;
■£/£'• ;Z;J
Due
to
final renegotiation
the 1942 net income will amount to
approximately $397,000 instead of $926,000 previously reported.—V. 158,
p.
2579/
//-.";/./
Z;
.£
"/'
...
/''/£:///'/£ £Z.v
'
$1,528,582'
312.000
'
150,000 ;
$1,234,324
248,000
.
—-2^.
$299,695
Z
:
43,000
$1,066,582
$986,324
$256,695
.//•-.Fall River Gas Works, Co.—Earnings—
V
1943—Month—1942
£V Period Ended Nov. 30-
Operating revenues
Operation
Maihtenahce.
--—
"
Z
1943—12 Mos.—1942
•
7,048
14,366
'/:
$1,183,406 £ $1,063,092
-57,755.
9,092
'
Taxes
-
$95,607
$99,919
60,630
/
:
14,578
708.145'
/ .60S,679
74,4.41
,.>
M,,/;l91,547Z.
220,174
'206,595
dismantlement of Central Defensa (less recov¬
i
Consolidated
Balance
Sheet, June
30,
1943
Net
revenues--/
Non-oper, income, net—
$15,82.9
oper.
;.£
receivable (includipg;. $410,036 com¬
pensation from U. S. Government), $855,425; -sugar and molasses • on
hand, $4,061,926; planters' accounts, $70,295; materials and supplies,
$922,422; growing cane, $340,763; deposits to cover certain contested'
claims, $69,710; investments, $30,679;
animals and equipment (less
reserve for depreciation of equipment of $409,365),
$473,951; property
and plant (less reserve
for depreciation of $5,174,808), $7,342,179;
properties expropriated by U, S. Government, $209,155; deferred charges
to profit and loss, $110,414; total, $14,545,229.
Liabilities—Bank
indebtedness,
$1,100,667;
accounts and accruals
payable (including mortgage installments of $12,500 due Dec. 31, 1943),
$377,704; reserve for Puerto Rico income taxes, $171,499; dividend
payable, $134,420; reserves for claims, $127,830; reserve for contin¬
gencies, $230,000; purchase money mortgages, $75,000; preferred shares
accounts
Balance
Retire,
;
.$16,225
■
.
£
i;:
i
$177,118
;
$161,796
<
18,052
2,455
$18,680
44,678
.
$206,474:
$195,171
6,333
6,333
76.000
381
531
3,468
$9,722
accruals--/
res.
£
■'£/ 608
$16,*437
'
$58,309;
taxes^—______
^
Vs
4
1943 , ■
$4,104,253
977,429
tDr3,792
i
jute bag claim).
Assets—Cash,
been.^ elected
'
1940
$82,744
164
income
for
Z
is. made.
accordance
$1,516,132
215,066
$875,820
taxes-
for
Prov.
$.115,965
5,554
income—
oper.
From January 1—
from: railway----
Gross
Net
$75,618
from
Net ry.
4
"
Ry.—Earnings—
\
1943
1942
'n ,?1941
§660,754
/z :,£/-/-£/
•
Prov.
Detroit & Mackinac
453,442
year's
M.
manager
.
5,122,296
466,003
5,155,506.
38,800)
400,104)
—34,234
'
416,626
'
for
considered
determination
.
■'.
'
•
earnings after estimated taxes---^-—i_—
ernment
99,439
3,144,807
120,112
$8,833,967.'
operations
(factory wgt.)_
from
Income
92,162
recently
has
Corp.—Earnings—
Sept. 30—
earnings
net
R. "IZ,
"
/ .The 1943 earnings before taxes, as shown above, reflect a deduction
to provide for estimated renegotiation of 1943 business to Sept. 30,
1943.
This provision for renegotiation has been
arrived at on .the
same
percentage basis as that finally allowed in the renegotiation
proceedings covering the business for the year 1942.
This settlement,
however, does not constitute any commitment on the part of the Gov¬
Total tons of sugar produced
Interest
of
3,905,000
...
and
tax
consideration
without
from utility operations—'_ $87,648,795 $76,549,632
earnings
•Utility expenses
Normal
1942
Providence,"
Freeman,
Fairchild Aviation
relating to renegotiation of
contracts, etc., applicable to the calendar year 1942.
Note—Provision for Federal excess profits taxes has been computed
-Earnings-
(& Subs.)
Detroit Edison Co.
C.
Presideht.—V. 144, p. 450.
.
adjustments
Company—New President—
Exeter Manufacturing
Arthur
$61,567
$430,351 £ $403,407
$0.29
$2.05
;
$1.92
amortization., and Federal; and
profits tax and State. income
Government
12 Months Ended Nov. 30—
On Dec. 15 Stanhope Foster was elected a director to fill the vacancy
by the death of Warren W. Foster.—V. 158, p. 2467.
r/. ...£/
/•/
£v
Z ?' :■£:/" £ •
,
created
480,767
.134.502
1,577,190
•.
^New Director— ■
$11,815
$115,702
69,333
'
Interest
charges
—
Net, income 'LC—-—4.
Dividends
—V.
105,889
declared
,
'
6,106
$131,035
105,889
158, p. 2251.
Farnsworth Television & Radio
Corp.—Earnings—
1943
6 Months Ended Oct. 31—"
Profit before
•Net
.
taxes
profit—
•After*
ali
charges,
other reserves
° $4,577,845
1_—
and
*
including
estimated accrued
513,814
taxes,
1942
-
$3,013,405
'779^022
reserves
for
'
Volume 159
Number 4243
THE COMMERCIAL & FINANCIAL CHRONICLE
'
'
'
'
contingencies,
post-war
and
1943
for
reserve for
possible
civilian; production. :;
" Note—There was ^ substantial cArry-over 'tax
1942, a situation that did not exist in 1943."
'
,
;
Period End.; Nov. 30—
applicable in
credit
-■//'
'
.
.
'' '
,
Total
■•/://
ry./oper.-
Ry.
oper.
Ry,
single
Current
assets
of
as
Oct.
tax
$795,309
481,143
32,397
1,362
586
11,013
29,136
6,756
43,650
•
Net
' rents——.
'
;■
1824.
p.
..
:
.
.
/■!
.:-/'•'■■
././
•
v'.v,
«•*
;/■
^
dividend direct from the
A
notice
•under
-V.
convertible gold
receivers."
the holders
to
agreement
857
.139,810
$3,351
$4,629
$142,795
3,002
2,998
33,019
158,
2251.
p.
of
dated Oct.
5%
1,
1925,
"The Guaranty Trust Co., trustee
wlu^e
bond
will
coupons
—V.
be
p.
1207.
136,
returned
The
total
unaudited
balance sheet
consolidated
of. $6,757,406
assets
current
$2,442,226.—V.
stocks
from
listing
and
on
"/
^
r
158,
1936.
p.
and
10
ay ZK3'
,
.(
dividend
cents
of
made
20
trustee, Flint, Mich.—V.
and
156, p. ,2305.
-
-
.
Florida East Coast Ry.—Judgment—•
York
New
that
nounces
Trust Co.,
in
compensation
its
suit
their
lor
'
Net
1943
railway..!.
from
T
1942
$2,431,747
1,145,854
from
railway...
Net ry. oper. income..^
Prom January 1—
Gross from railway..™
Net from railway...77—
"
paid
was
Gross
—V.
on
the
1943
158, p. 2361.
y
1941
•
$1,213,856
Div.
refunding
new-
and
89,718
Supplemental
10,302,653
2,555,103
9,692,241
1,294,894
784,127
9,455,238' ! 6,166,466
972,104
525,821
^
at
these
2,121,202
and
from
rec.
■
-
"
bonds
The
the
wholly
Dec.
on
29
be
bid
Cabot
of excess profits
Appropriation
of
Act
1943
petitive
bidding for
the
$10,000,000
of
1
-
1941
$457,181
$1,068,118 /
190,592.
.
/
$654,233
145,913
185,955
'$311,268
'
,
$877,526 "
.9,400
.
$468,278
•
•
25,492
•
to
be
sold
to
the
•
•'
•
•
pmriAa
toapther
tlnnq
tWo
Wii
P»rnpd
with
Smf'
nwmii-VJ'
e,iVr*inc
f*nrn
15,000
75,000
$886,926
$351,760'
$580,335
+568,000
125,000
166,000
//
subs.«
Federal tax
m
•:
(
u«
■^
-ioSSoj
.
.: Earnings for
:
\ :Period
Month'
Endl;'Nov;:.30/-:
revenues "fl
V
75,000
;'-//u„/™/;
Net
operl
Rent from,
reserve™™
revenues-
$534,914
on
class B
96,494
stock™--™—
class A
"2,348
•
Gross,income. ™'.
—V.
••
'
$537,262
182,277.
•
stock_L"„____
■154,290
154,290
15,947
$1,522,262
640,605
63,646
applic. to pfd. stk.
158, p. 2580.'
,
$513,730
,158,291
$1,322,029
206,145
640,605
As Prev.-.
Reported
$1,307,301
.14,728
$1,522,262
206,145
63,646
81,445
Adjust.
electric <; $1,506,314
purch,
'
225,226
/
reserve
Other
'v
<
•
/••-'
in banks and
Dr7,819
$6,563,046
■
2,28.7,041
1,153,008
•S10n—• "
115
474,403
71,178
.
165,480
109,216
Cr$101,091
■•'.
104,621
107,124
;
66,326
104,621
110,972
$189,812
.$101,091
46,981
$208,436
$290,903
1,358
income
Gross
48,339
___™
77'/;
•
Income
dividend declared, $19,907;
'!
.
..
/
.
deductions™—/
..■
Miscell.
.
balance
credit
the
production,
research,
marketing,
to
write-off
of
and
water
59
$208,495
$339,242
■/:
:
.
168,008
177,236
$171,234
*55,188
$31,259
molded into a
*87.580
67,865
1,132
"754,742
/: ;'/■/„-/.-/_; ■ //754,742 !
/;
•*96,113/
*96,113
t^TT.
car-^
*787,486
*787,486
$35,839 "$1,490,269
"$1,454,430
.
Balance
™™/™_—7.
^Deficit,
flncluding
!
.
$638^22 from
associatea
*$55,187
companies.—V.
158,
889. /
p.
Geogia RR.—Earnings—.
\
November—
Gross
Net
from
railway
1943
1942
$884,063
$843,281
$567,885
263,168
407,061
207,435
207,219
367,086
185,026
78,409.
9,965,327
8,226,410
4,110,349
,.
'3,655,817".
3,260,831
4,971,380
1,484,586
3;717,567
/
762,989
1,307,279
*'650,807
from railway-—™
Net ry. oper.
income—
From January 1—
railway/—..
Net from railway——
Net ry. oper: income/™ :
—V. 158, p. 2252.
3,546,502
Georgia Southern & Florida Ry.1943
$526,675
November—
from
Net
r'y.
Net
railway./™.
income_™
.
;;
59,962
January 1-—>
froih
from
railway™™
railway
™^;
Net ry. oper. income—
—V.
214,722
railway
oper.
From
Gross
158, p.
1940
,
$371,512'
•
91,810
■
.
Net
1941 !
7.
from
6,754,163
1941
.
$538,588:
144,546
43,527
/
3,281,418
1,024,345
Earnings-—;
1942
1940
$439,939
$281,739
63,451
:
26,035
.
/
242,481.
188,498
' '
4,666,844
1,856,794
856,170
3,300,007
2,564,352
995,123
658,889
470,709
318,722
2252.
Glendale Water Co.—To Dissolve—
application
An
whose
has been filed with the SEC whereby the company,
principal assets/consist of cash and whose principal liabilities
of accrued' Federal income taxes .and capital
stock, proposes
Glendale proposes
-
55,188
lying val. of ice prop.
to ,est. val. Oct. 1, '42 ■•■_; /;//„™_™/
of
Foods, according to the announcement.
sales' groups of the respective units have been
'!
$148,072
67,865 /
properties.
reduction in
Prop,
14
™:
surpl.
elec.
plant adjustments—
P'rop,
increase of res,
for deprec. of electric
accounting/ sales/'and traffic administrations of each of the original
companies into a' single'integrated organization directed by a unified
assisted and counseled by Mr. Gibson and the staff,
The
$148,072
168,008
Previous
Prop,
Gross
•-.•••■'
'.7/
the: format
.management,* and
General
.
$23,161
consist
'
$191,170
_™__--:
income;—™™™-,
Net
•
C°rp.-Forms Birds Eye-Snide* Divi.
income
Gross: from
'organization./'v 1 ;/'• / ,./•
./•.1 The new- division- co-ordinates
41,749
1,153,008
.
hand,
on
*
•"G™"111
1942
$6,215,698
, 1,971,113
210,307
107,124
taxes™
™™„™__
Operating
•
>'•
$17,641,782'
•
fixed" cap/
income
taxes
Other1 income
of $2,931 to reduce to market
;^w.artime and ppst-wftr adjustments (funded), $75,000; portion -of
proceeds, -of: inwVince polWes, $51194; 'resKye for oontribatiOBS to
employees'-.pension T'und,increspect of 'service! prior to July 1, 1943,
""-v^'"^A'-rstoefc^','%^'S00',000r class B stock, $100,000;;treasury
v Stqek/TDr$SLl,744; "earned- surplus (of which -$343,138 is restricted on
';";.7:''
for
'
of
(depr.)
Federal
charging depreciation of $90,845 in 1943, $98,'684-in
organization
-'985,692/
912(225 / ,(to" be' known T as the/Birds Eye-Snider Division of General Foods.
'
.175,000/- 2,100;000 " 2,083,333
.' The. new unit is comprised-of Frosted Foods Sales Corp.! Q-F Whole: .salers; Inc./the recently; acquired Snider and Ray-Maling Divisions, and
$496,376' $6,570,865
'33/E, Maling, Inc.,- a subsidiary. Burt C. Olney, formerly Manager of
$6,173,834
the Snider Division, has been, appointed General Manager of the new
17,354
.
'
942™
Provision for retirement
fe?-'
.
.Net inc. after inti chgs.
Divs.
*
lease, of plant
.(net),
Other income / (net)/
V",,>.
Proposed Pro Fojrma- aft.
Adjust.
resale:-/^--/™™/™™'.
•55,166
175,000
30
-
Before
'
$414,335
79,645
$226,760
79,892
$243,926
on
,6,538.^153 / -'r ■ EdwinV^:''Gi'hsbn',f-YtcerPresideht;'"'on Jan, 3 announced
1140,550 / ,2;594,878 !/: 1,934,237^ ^ 7tioh7pf a/ne^w ' Operating/ unit within the General Foods
86,130
12 Months Ended Sept.
—1943 '
"
water™
revenues,
revenues,
tElectricity
provisi'on for. Federal1 income and excess profit Taxes, $633,075; reserve
1943—12Mo,.-
$1,378,586 $19,554;213
'505;494', .' 7,302,778
689,897
188,745,
Other •■taxes /-/'™
Prop, retire,
and 12 Months Ended Nov. 30
$1,674,686
of Income',
7:
.
Oper.
Florida /will . increase its - retirement i :jpfaj $i96;9Q7;/t6tal,
.
Operating
..Operating expenses
/ Federal:. taxes • /-//
between the carrying value of
present-day value thereof, after
Adjust.
$1,506,314
15,947
.
Oper.
Ad/mwaf S-i
pvi«?finff
-ty^'Ipo bOfr1
Statement
7.
'Oapital. a»r.
t
reserve
estimated
—
,• year to employees',pension fund, $12,350;
+w«//,
^urnius ^fiHt'wSL vSlS-
n
difference
the
Gross oper. revenuesOperating expenses
$505,335
.
;
tne
and
7
'
•
$336,760
'
hand Co., which owns ice. Properties and real
Florida
In
representing
property
;V»-'a-.-'-"V,'
whieh 4t
owns
estate
of
The figures,
insofar as they relate to the year
1943,
are
pre¬
liminary, being subject to veritication by the auditors.
A rate reduction affecting electric residential revenue in an estimated
amount of $38,200 per year will become effective Jan. 1, 1944.
non
as
:
ice
If.
37,058
$757,399; marketable securities
value)',- $325,173;' customers'
Accounts receivable (less reserve of $8,651), $411,358; sundry accounts
and accruals receivable; $4,491; inventories of- products ifinikhed'and '
jn
process,
materials and supplies, $630,144; investment^ in"-Wholly
owned subsidiary,' $23,149; proceeds of life insurance"policies deposited
with Detroit Trust Company (trustee), under terms of air agreement
dated Oct. 9, 1936, $103,390; funds
(cash) reserved for . wartime and
post-war adjustment, $75,000; post-war refund of Federal and Canadian
excess profits taxes, (est.),^$45,814; claim against closed bank
(less res.
of $18,095), $1; land not used in operations,: $45,303; balances due from
employees, $8,167; inventory of products held against customers' orders
which were suspended, upon cessation of automobile production; $50,217;
property, plant and equipment (less reserve for depreciation of $661,762)/$1,093,771;. prepaid insurance, taxes and other expenses, $66,768;
other deferred bharges, $118,688; patents, $1; total,.$3,758,833.
separately, and In
the successful bidder.
debentures
000
■
of
approximately
the recapitalization
reserve
the adjusted; carrying value of the ice property to estimated
salvage value at the expiration of the present lease in 1950.
Pro/forma earnings are not available to stockholders in the form
pf dividends until such time as the recapitalization plans of the com¬
ro015^?1Liabilities-Accounts payable, trade, $169,109; due to subsidiary, '
Commission Involved tS comribmfon bv American'to Ftorida' S^U;-?';$607':';acc™ed' wages, $76,864; accrued taxes (other than Federal taxes
the^m-eferred stock of Fl0r?da which it h^lds
wei?
on income and taxes withheld at source), $46,743; accrued taxes with-,
of the $22 000
of ^'SentuJe?of Vorid?^
nw^
held at source, $35,824; other accruals, $3,222; employees' deposits for'
Son^^ASaHm^a^e? SH(^da S^^Lte^ih i^whol^o^ed war bond purchases,; $23,636; reserve for workmen's compensation in- •
SSaiK ^vhich
D^Dertles antf
surance, :$25,C00; contributions authorized to be made during ensuing
■
for
a
!
1942
i942
/
Balance Sheet,.Sept. 30, 1943
(less
Company will issue an additional $5,000,000. of debentures to its
parent, American. Power & Light' Co., in exchange for the $5,000,000
old
debentures not surrendered
by American.
The terms of these
-additional debentures will be identical with those fixed by the comr
public.'
create
to
pany
have been completed,
approved oy regulatory, bodies having
jurisdiction; and consummated, as a:result of which it is contemplated
that the pro forma earned surplus deficit will have been eliminated. •
:
Assets—Cash
-
.
•
independent engineers to bo
approval of plans
reduce
taxes.
•
on
each.instance the interest rate will be named by
•
deAmed ,by.
1
and
it is .proposed
company,
$800,000
approved the
available
will
amount
an
the
■
owned
to
"7';
which adjustment the annual charge for amortization of ice property
will be reduced (from $72,590 to $25,608)
to an amount which will
/
.
reduced
'
at 101 Vz
debentures
by
tThe
Defense
gen." expenses.
program
and
herewith
$3.14
1942 and
$105,692 in 1941 011 buildings, machinery and equipment. • tIncludes
$43,C00 in 1941, $21,000 in 1942 and $364,000 after deduction of post¬
war refund of $41,000 in 1943 for excess profits tax.
^Includes provi¬
sion of prior years taxes of $14,000.
•
together, with
forth
$418,754
*
Light Co.—SEC Approves New Re¬
the redemption
is! set
$1.82
7; Net income
"After
competitive
securities,
to
be
Upon, completion
1347.
adjustment.;
■Dividends-
treasury funds will be;
plus accrued interest of Florida's
presently outstanding first mortgage bonds .in the amount of. $52,000,000 and to the redemption at $110 per1 share,' plus accrued dividends, of. Florida's 142,667 shares of publicly held: preferred stock.
applied
adjustments
J $241,752
Manufacturing Co.—Earnings—
admin,
Dividends
^
v:./ ' '/''
Exchange Commission
contemplated
forma statements.
$3.00
National
158, >p;
Net income before
87,733
.
$10,000,000 of
issue
■fit
and
such
pro
.
of the Company which involves the offering
bidding of $45,00,000 first mortgage bonds
sinking fund debentures. The company also will
to banks $5>000,00a of serial notes.
The proceeds from the sale
sale
for
:
Securities
$2,927,687
'§$358,147
.'tProvision ;for Federal income tax./.
Prov.
for
war-time
and
post-war
174,303
funding Program—
The
of
Maintenance
Florida Power &
2,676,064
$3,434,994
3,773,197
.
2252.
p.
of
will
$944,575
$886,926"
$843,658
130,461
18,174,143
7,855,246
77
2,676,064
$395,555
•
Based upon a study made by independent engineers, the provision for
depreciation of electric and water properties, charged to earnings,
.'/.aI\.iI (7' •':/77
'
«.
158,
t..
,
Net ry. oper. income.™v-V.
$5,603,751
•
...-.
its fixed capital and of the adequacy of provisions And reserves for
depreciation with respect thereto. When such adjustments have been
finally determined and recorded on the books of the company, substan¬
.
29,786,520
15,347,362
$6,111,058
322,377
.
stock....
•adequate.'--
;
operating profit../
Miscellaneous-income ■ (netj™.
:
$841,343
602,125
.
$618,561
223,005
$667,403
..
tial reductions in the provision for depreciation of electric and water
property and in the amortization of ice fixed capital will result.
The
1942
.
$1,723,905
1,365,758
^Net
.
983,150
$9,376,948
4,452,190
3,760,478
1,899,858
5,516,495
The company contemplates making substantial adjustments to its,
financial statements to give effect to the results of current studies of
stock,
common
and
profit from; operations.™™/
Selling,
>'
1940
$9,908,723
3,797,664
223,005
../™™
$345,026
pfd.
on
means
taxes__-___;_
amended.—V.
Gemmer
'
:
.$930,389
311,828
$122,020
income
Balance
-EarningsV: V:y;
;
income
Year' Ended Sept. 30—
No announce¬
1941
•
$2,006,843
943,514
4,982,705
'3,894,075
1,929,178
7,998,288
894,717.
Net income
Divs.
1
Plimpton & Page, New York, and William H. Rogers of Rogers, Towers
& Bailey, Jacksonville.
;
,7-;,v7,:.
Gross
374,250
1,128,815
'
taxes..;
,Gross
of
liabilities
of Florida has recently entered a judgment in favor
*, November---
$3,762,783 $47,199,503 $41,497,081
1,329,328
18,486,532
16,491,111:
,
1,865,487
668,000,
income, taxes-
Federal
1943—12 Mos .—1942
.1943—Month—1942
$4,095,608
2-^-
1943, shows
2,
,
Sixth
the
.
Earnings for- November and Year to Date
'
$1,734,328
7
:
•
1942
Georgia Power & Bight Co.—Report of Earnings—
Electric Co; and-the post-war credit for refund
ment has been made as to an appeal, which is. being considered by the
trustee's, counsel,
Francis T. P. Plimpton of Debevoise, Stevenson,
\
Oct.
charges.
vtOn, the 119,304 shares of- common stock.
exclude the' gain resulting from the - sale of Holtzer
profits
trustee of equipment trust series D, • an¬
the,! receivers of the company for
of and failure to repair the equipment
of The New York Trust Co. in the!amount of-$301,2501
revenue
General
|No allowance has been made for any post-war credit for excess profits
faxes, - and the " earnings are subject to renegotiation provisions under
•during the receivership prior to their disaffirmance of the series D
-iease,
Judge Louie W. Strum of. vthe ?U.: S. District - Court for 'the
Southern District
share
per
Net ■ profit-^_L_l_X__-,—l—i
fEarnings per common share.,
-
.
.
Operating expenses
Depreciation' & amortiz.'
^
*
v
against
use
.
current
/
Jan. 1 to Dec. 21
Georgia Power Co.—Earnings—
the
7
"
.1
?
.7
1942 :■" :h-1943
$34,375
$1,995,973
1943
$34,325
a
taxes__7___—.
Canadian
profits
excess
as
iThe
cents
6 Months Ended Nov. 30—
serial gold bonds, dated 1927, have been
1, 1944, at par and interest.
Payment
the Citizens Commercial & Savings Bank, successor
at
W.
,
for redemption as of Jan.
be
2580.
Period Ended Nov. 30—
-
effect
All of the outstanding -6%
will
158, p.
Gross
and Dec. 30, 20 cents.—V. 158, p. 2580.
each;
Federal
Capitol Building Co.—Bonds Called—
Week Ended Dec. 21
Interest & other deduct.
v< 10°' I
7
*After,
called
—V.
.7
,' Gamewell Co. (& Subs.)-
1943.—V. 153, p. 2468.
Flint (Mich.)
Louis
of
•/■■'/.' ^
''/' 7-7'-',
Fed, excess profits tax,
of
as
total
•
period^7'7/v'-:J7;::'7,:;7. ./■,.
!/// M'- //'//•/ ■ -V'
Operating revenues
the San
directors bave declared a dividend of 37!/a cents per share on
the common stock,
par
$10, payable Jan. . 20 ta holders of record
Jan. 5/ Similar distributions were made on Jan. 20, April 20, July 20
l
.
.
The
;and Oct. 20,
■
■■'•■■ /'
/
54Profit before
_
the resignation
'
Fuller Manufacturing Co.—Pays 20-Cent Dividend11
a
Firestone Tire & Rubber Co.—37^-Cent Dividend—
7
7
°C'' 3°' 1942' and live
Commission
registration
'/'•'■
.
Georgia &FloridaRR.—Weekly Revenues—
;
dividend of' five cents per share
tnSifrom':ri
th* common stock, par. $1, payable Jan. 14 to holders of record
TV
e':/hnri4/::Tbis.;ctopaies with 10 cents per share paid on Sept. 20, last,
to withdraw their capital
Francisco Stock Ex¬
change, effective in 10 days. The subsidiaries are Home Fire & Marine
Insurance Co. of California, Fireman's Fund Indemnity Co. and Occi¬
dental Insurance Co.—V, 156, p. 2222.
1
by the Securities and Exchange
Edmund
fill ..the. vacancy caused by
p. 2362.
v.; /,////'
Dec.,, 22,
Abrons.—v., 158,
""
/
Fort Pitt Brewing Co.—To Pay 5-Cent Dividend—
the holders."
to
V
Utilities Corp.—New Director —
F. Wagner was e4:cted, a director, of the cor-*
r
•
'
On
poration. to
several auxiliary warehouses in other locations.
•
^r ^ter' Dec'.'
appropriately stamped and
V.'i
2468.
p.
■
.
291943, upon ;n«cn.tation of such bonds with the April 1, 1933, and all subsequent coupons
attached at the office of the trustee.. The bonds and appurtenant
paid on
divisions,
"•
General Realty &
.
under the agreement dated Oct. 1,
hv+h>
per
i-V. 158,
29,489
registration statement was filed Dec. 24 with. the SEC covering
a
proposed issue, subject to approval by stockholders, of $3,500,000,
15-year-3V-Sh sinking fuhd debentures,/and naming Eastman, Dillon
& Co., as the underwriter,
Public offering of the debentures will not
be made- until, conclusion of the Fourth War, Loan campaign.
Pro¬
ceeds from the .sale of* the issue will be applied to the redemption
of approximately $3,000,000 outstanding notes, the balance going into
working capitaLaccount.
Company, a Pennsylvania corporation with headquarters in Phila¬
delphia, operates :,73 supermarkets in Pennsylvania, Maryland, Dela¬
ware and New. Jersey,
engaged in the retail sale on a cash-and-carry
basis, of groceries, meats, meat products, vegetables, fruits,
dairy
products, sea-food, tobacco, household supplies and related items. In
addition to warehouse space in each market, the company maintains,
main warehouses in Philadelphia, Baltimore and Elizabeth, N. J., and
-; /■'''■•
S ffnolSn.Sidn^rf^viHpnrf v^fvprt
r'S?»(mi
S wlitSs
these
fruits,
Eye
A
•/'
says:
first
amount
$31,709
.
/■
1, 1940, issued
due Oct.
Within
set up.
Birds
,
—
director3 ®» »«• 22
nf'o
146,013
'
Food Fair Stores, Inc.—Registers With SEC—,
~
gold bonds;
divisions.
•
19,424
'
sales
will include
rfwursaW"organization and through brokers,". Mr. Gibson said. "New
products will be added. '
i
"Birds Eye-Snider operates
14 company-owned fruit and vegetable
processing plants and a poultry plant.
It is .planned to Utilize the
facilities of these operations. fully,
These plants plus those of our
associated
packers-- total" * 37 - producing units, servicing our needs."
$197,146
20,557
12,699
division
L'^nlarged^js^trilmUon of .canned foods-is contemplated through the
21,830:
agreement dated
issued, under
-
v
-
$303,163
$18,184
885
.:/;•• 12,696
//
Struct., and; ,equip.!
.
.
$16,932
..
Depreciation- (way and
-
bonds, due Oct, /1,
Oct. 1, 1927, says:
"The Guaranty Trust Co. of New. York as/trustee under the above
mentioned agreement- holds a fund available for pro rata , distribution
amounting to $13.99 on each $1,000 bond outstanding under said
:
agreement 'and entitled to share therein. This fund arises from (1)
a
first and' final liquidating dividend received' by the' trustee from
Lindsay Goeltz and Robert H. Richards, Jr., receivers; in the cause
in the Court of Chancery of the State of Delaware in and for New
..Castle
County entitled:
'Gustave P. Ettensperger, complainant vs.
Atlantic Midland Corp., a dissolved corporation of Delaware, defendant'
and (2) additional monies held by the trustee.
The above amount
•per bond will be paid on or after Dec. 29, 1943, upon presentation
of such bonds with the Oct. 1, 1932, coupons attached at the office
of the trustee, v140 Broadway, New York City.
The bonds and appur¬
tenant coupons'will be
appropriately stamped and returned to the
holders.
//,'./•■■■'
'■ " ■■■
//>
■/•'
"Holders of bonds of the following numbers, CM-105, 230, 302, 518,
-547, 558, 559, 560, 951, 1027 and 1253, will be entitled to share only
sin the
additional monies held by the trustee, No. (2)
above, since
they are receiving their distribution of the first and final liquidating
19.32,
$175,315
,
-
income
Net
s
•
tion to Bondholders—
A notice to. the holders *of 5%
$17,'812 "
$2.70,755
£>f646—;——-373 — ~r 32,408"'"
$17,578
-
;
,
\
*
/
income
oper.
,
•
Financial Investing Co. of New York, Ltd.—Distribu*
ry.
/.
Total. income-—
Misc. deductions
—
Total fixed . charges—•';■"/; V:
■■■'■■>
-
Net
"Dili erinco m 51——r—~r
four
of
the
of
vegetables,
poultry, sea foods, and specialties; condiments and
canned fruits*
vegetables, tomato juice and vegetable juices, and other, products
under the brands, Snider, Lily of the Valley, Burt Olncy, Flag, Holi¬
day, Fort, and Mistletoe; Snider glass-packed fruits and vegetables;
and Ray-Maling canned fruits and vegetables.
435,714
2,558
Products
$646,921
41,786
2,879
revs.™_
exps.___—™
accruals—
organization
14 districts and three branches have been
1943—11 Mos,—1942
,1943—Month—1942'
$65,469
$62,742
'
31,.- 1943,
including $4,981,261 cash,
amounted to $12,606,611 and current liabilities, were $9,056,306,, leaving
;a working
capital of $3,550,305, compared with an adjusted working
—capitatDf $2;988;874 on April -30, T943r
A' renegotiation agreement with the/ Government covering the .fiscal
:
year ended April 30, 1.943, resulted in an additional cash refund by
the company of $400,000.
According to the company, this resulted
•in a decrease of $76,000 in net income after taxes for that year and
a
decrease
Of! $36,000 in
the company's post-war refund.—V. 158,
/
7
'
■■
Fonda, Johnstown & Gloversville KR.—Earniligs-
re-
a
,negotiation and post-war reconversion to
'
k.
.
to
liquidate
sold
dend
to
on
the
its
dissolve, all of its physical property having been
of Glendale, W. Va.
To effectuate this purpose*
to distribute $57,500 as a partial liquidating divi¬
capital stock, all of which Is owned by its immediate
and
Town
Corp. The balance of _its assets,
be used initially to^satisfy tax and
any other remaining liabilities and thereafter as a final liquidating
distribution paid to Pennsylvania State Water Corp.
«V".V.
parent, Pennsylvania State Water
consisting of $10,204 in cash, will
Co.—Employees' Insurance Enlarged—
Glidden
v
.
Through the Equitable Life Assurance Society Of the United States,
Glidden Co. has provided more than $7,000,000 new group life
insurance, without cost to its employees.
This gives 3,960 employees
the
of $3,400 apiece. Upon com¬
a
probationary period, an employee is now eligible for a
minimum
of $1,500 in
insurance, which may be increased annually
to a maximum of $3,500.
Employees protected by the old co-operative
plan as well as the new free plan may have as much as $4,600 each.
of
$13,474,000
pletion of
—V.
158,
coverage,
an average
or
Co.—New Plant—
in Du Bois,
G. Graham,
will establish manufacturing operations
Pa., shortly after Jan. 1, it was recently announced by T,
company
President.
Vice
Grand Trunk Western RR.- -Earnings— "
Net
Net
ry.
521,762
886,153
31,966,000
27,906,000
railway——.
9,286,949
income—
5,957,107
7,911,536
5,408,831
income._-
oper.
1—
Prom Jan.
railway
from
Gross
Net
from
Net
ry.
oper.
Co.
Co., Ltd.-
bonds
directors
principal amount (which includes premiums and
accrued
interest to Feb.
4, 1944).
Payment- will be made at the
Canadian Bank of Commerce
in Toronto, Montreal, Halifax, Saint
John, Winnipeg or Vancouver, Canada.—V. 155, p. 1920.
Ry.—Earnings—
Great Northern
Net ry.
railway-
income.--
oper.
GressmfrJomUrailw^y_-_Net
Net
ry.
94,631,250
34,770,397
p.
35,830,366
25,674,588
income—
2252.
oper.
—V. 158,
115,372,012
44,011,003
181,155,018 150,785,692.
70,536,621
65,640,497
railway--,-
from
1940
$7,981,155
railway.— $17,303,603
from
from
Net
,,V|
,
1942
1941
$15,311,875 $10,192,940
4,603,835
7,215,551
2,020,111
251,298
4,000,553
1,005,859
1943
November—
2,108,211
1,212,0Q5
26,716,921 ,21,540,806
sinking fund bonds dated June 1,
and due June 1, 1944 have been called for redemption as of
1. 1944 at par and interest.
Payment will be made at the Amer¬
National Bank & Trust Co., trustee, 32 No. LaSalle St., Chicago,
outstanding first mortgage
1937,
Jan.
ican
128,
111.—V.
3086.
p.
.7..V.:':
■
•
Expects Decision Soon on
Sugar Co.
Guantanamo
■
share.
per
Oct.
last,
15,
Besides
of
21
is
7
declared
of
payments
the company
70
cents
15 cents per share, declared
same datev>
v7';
15
1637.
p.
Net
Net
ry.
railway-
from
$3,186,529
.1,008,783 :♦ 1,241,284
391,020
551,834
„
income
oper.
$2,063,459
686,012
309,031
railway——
from
Net
ry.
railway——
from
oper.
—V.
.
income-—
2362.
30,186,248
34,721,126
13,111,792
4,546,832
11,532,563
4,999,206
158, p.
:;.Vi••
'
.
$1,685,482
508,762
21,608,459
7,290,848
3,526,548
Dec.
on
the
regular
stock,
common
20
paid
quarterly
$20,
par
in
made
was
to
Federal
The
1942.
Court
3,954,414
1,351,229
Mill
Associates,
at
for
Mass.,
which
of
Inc.,
the
of
receiver
Taunton,
Jan.
1944.
1,
payable
said amounts becoming due and
sink¬
ing fu^ri instalment until the first date for the payment of interest
and sinking fund instalment (viz. Jan. 1 of any year) following deter¬
mination by the board of directors that the current asset position and
cash
resources of the
company permit payment thereof in whole or
according
solved,
Commission.—V.
to
Supnlv
&
declared an extra dividend of 50 cents per share
share on the capital
stock, par $10, both payab'e Jan. 3 to holders of record Dec. 14.
An
extra of like amount was disbursed on Jan. 2, 1943,—V. 158, p.. 1034.
share
$1.50
the
on
This
20.
Dec.
year-end dividend of $1.25
of record
corporation on Dec. 28, las.t, paid a
The
compares
stock,
no
157, p. 2042.
29,, 1941.—V.
22.5C0
$622,424
$569,110
30,824
'
397,586
370,009
29,798
31,141
*
2,391
2.584
—
6,454
—
•
98,944
6,380
,
;
90,617
*>
.
$7,155
Gross
$96,095
569
3,766
(net)
7,129
S;
•
res.
$7,403
$8,437
$99,861
$84,471
2,916
2,916
35,000
35,000
income.-—-—^
$4,483
charges-,——
$5,.520
$64,861
x
:■
567
512
—V.
$64,293
declared—
158, p. 2191.
$48,958
49,140
$5,475
$4,436
income
Net
be
the
lean
Trust. C.,
Hawaii,
bonds daftd April
Period End. Sept. 30—
profit—
fEarns,
per
com.
sh.
"After depreciation,
which
or,
amounted
$460,388
158,
14,
1909, have been called
to
San Francisco, Galif.
1943—3 Mos.—1942
$437,925
$1.41
1943—11 Mos.—1942
:
$7,625,650
$8,499,864
$713,572
5,279,504
9,136
103,066
$212,662
$2,548,087
for
1943,
Federal
stock,
common
$10,
par
and
81,147
$628,235
6 ft
the
on
$705,458
non-cumulative
pre¬
—
recently declared a dividend of 43% cents per share
accumulations on the 7ft cumulative .class A preferred
directors
of
1744.7;7V..'
Operating
revenues
143,713
114,853
1,178,337
.v.--':
Co.—Earnings—
12 Months Ended Nov. 30—
,'i-
$5,893,832
2,478,489
299.199
310,419
_
depreciation—
Federal
excess
Charge
in lieu
income
State
profits
;
taxes—
705,796
—„
;
$438,758
$151,994
$45,904
adjustment income bonds.—V. 158,
on
p.
2253.
Earnings of System—
RR.
551,458
net
income,
-I
—
$1,506,825
i.
$1,348,773
-—
Dividends accrued
717,235
_
720,039
$806,762
'I..
:-x—
—
—
Earnings per share (412,000 shares common).
Eala.nce
—V.
18,723,085. 226,568,756' 192,686,535
13,178,628
11,925,869
Railway tax accruals.—
3,611,497
2,243,059
rents
147,792,011 122,631,718
38,284,841
28,855,257
(net Dr)
Net
392,967
r
5,374,931
5,707,179
553,063
2,790,428
4,001,094
34,784,725
28,463
953,798
10,783
_56,134
52,576
deductions
avail,
for
exps.
&
Other
2,905,098
fixed
36,516,812
35,685,389
4,018,774
■
charges
Net
oper.,
Other
V.
158,
1,115,018
1,307,845
13,034,386
2,710,929
22,651,003
and
profits
excess
RR. Co.—Earnings-
Net
ry.
oper.
income-
from.
railwa,yirt-_
railway—1—
from
$519,609
160,723
191,811
180,158
87,976
115,399
8,151,497
6,436,207
2,532,070
1,895,774
1,650,569
1,445,378
1,076,060
346,975
586,537
40,000
480.000
' 480,000
$99,206
$106,884
'$1,129,523
$1,178,749
3,414
3,051
39,511
$102,621
$109,935
$1,169,034
43,732
50,859
589,409
628,778
13.503
14,211
160,969
157,825
———$40,385
$44,864
$418,655
$430,454
earnings
•
earnings-—
debt.
debt
i
38,309
.
$1,217,058
disci,
of
income
,?
etc.—
expense,
is
$500,000 4V2% Debenturesthat
announced
1C4Vz
5,568,948
3,679,250
;
1,420,439
•
V
Net ryV oper.'income'-—
—V."15^,!-p.! 2253'.i l
&
1940
$593,832
381,132
415,043
124,250
' ' ■
9,045,487
4,050,661
railway.,—.
from
Net
:
1941
1942
$765,332
1943
$886,255
railway.
536.780
\
will redeem on Feb. 1, next, a
sinking fund debentures due Dec. 1, 1966,
will be made at the Chemical Bank
Trust Co., trustee, 165 Broadway, New York, N. Y,
Holders of the
called debentures may receive
104%
and interest
it
at
2.012,944
383,900
40,000
To Redeem
taxes.-
.
47,522
fund,
on
$4,605,207
2,277,177
39,325
•:
48,641
total of $500,000 of
Illinois Terminal
from
: \
21,883,928
income
Federal
for
'November—
Gross
net
Interest
14,632,884
1,790,080
;
2253.
p.
inc.. taxes
income
and
_
providing
"After
24,200
retirements-
for
Amortiz.
________
$1.14
$4,807,381
163,261
taxes
Net
income
"Net
$396,992
198,463
:-:r
other
and
$410,511
Fed.
Total
rent for leased
railroads
$0.72
'
1943—12 MOS.—1942
1943—Month—1942
earnings.—
and maint—
oper.
Oper.
fix.
charges
Interest,
•
-
,
Period Ended Nov. 30—
Gross
744.759
8,904
income
Miscell.
2253.
35,824,629
—123,574
income-
oper.
ry.
Other
p.
State
facility
joint
158,
334,902
$471,859
Iowa Southern Utilities Co. of Del.-rrEarnings-
$
$
$
19,973,520
expenses-
&
334,902
$296,635
preferred stock—,.
on
$1,526,802
$631,538
——
_
19,976
32,978,
—
deductions---^—
income
$1,315,795
-
Income
Gross
505,192
—.
2-
;
.
1943—11 Mos.—1942
1943—Month—1942
Railway
Equip.
*!■•
47,063
ofI( Federal excess profits tax•
earnings from operations,
Net
$1,925' '
oper.
407,665
319,356
tax..—
1,287,908
Net
taxes
Income
Period Ended Nov. 30—
685,239
239,311
—
'
Illinois Central
1942
$6,157,943
2,679.963
—
—
———
for
;
»
1943
.,
-
and
1,607,107
97,222
Feb.
to
and
the
1,. 1944,
company
its 4%ft
Payment
interest.
and
presentation
upon
Jamaica Public Service Ltd.
Operating
(&
of said
debentures
Subs.)—Earnings—
1943—Month—1942
Period Ended Oct. 31—
Total
surrender
time on or before date set for redemption.—V.. 158, p. 2192.
at any
1943—12 Mos,—1942
$1,374,210
$1,362,858
63,185
916,179
898,130
$39,735
_^.__
$39,325
80,130
revenues
$119,865
$36,139
$446,678
$476,079
deductions—
■
•.
Indian Motocycle Co.
(& Subs.)—Earnings-
Other
1940
1941
1942
'
1943
31—
Utility
Sales, less returns, allow.
discounts
and
$11,342,499
$8,978,758
$4,225,773
$4,968,195
9,890,177
6,762,841
3,284,665
3,723,979
$1,452,322
——
of
$2,215,917
14,393
$941,108
$1,244,216
sales———:
income-
oper.
income
Retirement
*1,436
*3,980
$34,703
$442,698
res.
8,333
7,500
98,333
90,000
8.560
8,989
103,647
101,157
$18,213
$240,717
$279,366
requirements-—;———
94,405
_______
accruals
deductions-—-,
Income
"5,555
1,527
$41,262
net_____
income,
Gross
profit fr. opers.
Cost
deprec.
711';
profits of subs.—
adm.
and
594,333
expenses
Depreciation
37,735.
48,261
$2,230,310
,
$470,523
■
1943—9 Mos.—1942
$909,470
$720,455
52.92
$2.32
and
excess
Net
423,383
.
>.
387,538
54,437
-
■
73,776.
*144,874
*184,740
^
income
Preference
$24,368
dividend
158,
p.
..
;
90,750
2047.
$1,281,951
$989,369
578,042
$1,453,033
Sell,
'
"Debit.—V.
James Mfg. Co.—Pays $1 Extra Dividend—
,
" .
company on Dec, 31 paid an extra dividend of $1 .per share and
usual quarterly dividend of 25 cents per share on the common
stock,, par $25, to holders of record Dec." 20.
An extra of like amount
The
the
$673,960
Federal
(Cr).._,
income
taxes
34.757
profit fbr year- V $398,033
and
150,000
other
contingencies-
2,682
;■
.'
6,698
$381,459
$1,014,646
7; $703,083
was
Post-war adjustm'ts
,
,
500,000
'■"
'
.
—
.
Common
87
109,449
dividends
$225,421;
$514,646
$248,033
'r-
ft
th?*.
.
$703,083
134
89
65
72,891
f h vri:
,
"
Balance Sheet,
United
$381,459
.
Aug.
31,
i
66,777
t
i.('
30,325
bonds, series E
bad debts
receivable
depreciation
of
$4,302);
1513.
The
$28,680;
'V"u;
to
''Kr'r- 5.-v
an order permitting to become effective
reduction from 3ft to 2V4ft in the..'interest
$2,650,000 of serial notes of company, due serially'rihd owing
Chase National Bank and Central Hanover Bank and Trust
SEC
on
Dec.
27
issued
declaration regarding the
on
The
Co., said reduction in interest rate having been agreed
in consideration of the prepayment' by the company
to by the banks
of $795,000 of
originally maturing on Nov. 1, 1950, and Nov. 1, 1949, and
which were paid on May 1, 1943, and Nov. 12, 1943, respectively,'and
the advancement of the maturity date of
an additional $530,000' of
notes originally maturing Nov. 1, 1948, so that such' notesh>vill mature
on
May 1, 1948.—V. 158, p. 1859.
/
receivable
$8,409;
inventories,
$2,088,765; investment, $9,900; land,
buildings, machinery, equipment, etc..- (less reserves for depreciation
and amortization cf $723,955), $949,035; store property and equipment
(other),
for
1942.—V, 155, p.
such notes,
1943
States ;'war' savings
$16,305; accounts receivable, trade (less ..reserve for
of
$37,4941, $1,317,479;
installment and floor plan motes
(less reserve
for bad debts of $5,181), $11,799; accounts
F,
reserves
this issue on Dec. 3L
duced—
a
rate
Balance
on
Jersey Central Power & Light Co.- -Interest, Rate Re-
V"
,
disbursed
2,803
133,000
470,750
Net
$839,978
2,130
110,200
12.758
235,235
-
$492,210
$1,507,394
45,413
4,721
Operating profit —_
paid —.1——.
Miscell.
deferred charges,
Jewel Tea Co., Inc.—Sales
Period Ended
Sales
—V.
Show Decline-
1943—4 Weeks—3942
1943—48 Weeks—1942
$4,247,189
$4,671,056 $48,327,513 $48,919,059
Dec.'4—
—U
;
158, p. 2192.
•
<
'
total, $4,755,951.
$692,216; accounts payable (trade). $205,643;
"accounts payable, other, and accrued liabilities, $495,338;. liability under
renegotiation, $269,885;-reserve for post-war adjustments and other
contingencies, $401,481; 6ft non-cumulative preferred stock i$10 par
value), $1,350; common stock
(121,880 shares, no par), $2,690,037;
total, $4,755,951.—V. 157, p. 994.
Liabilities—Bank loans,
income
divs.
for
$2,456,257
1,521,744
.
136,850
interest
of
"Exclusive
(less
provision for war emergencies and contingencies
$118,000
68,385
stock, par $10, both payable Jan. 3 to holders of record Dec. 22.
account
on
$2,346,146
110,111
,'v
$100,158;
Corp.—Earnings—
$314,288
$1.01
*
,
2191.
p.
Provision
6,054,844
Deficit—:
and
at the option of the holder, at the Amer?-
464 California St.,
Hercules Motors
"Net
$526,783
avail,
Federal
inc.
Consolidated
oustanding 6ft
Honolulu,
Exchange
Securities and
$2,445,021
charges
adjustment
on
...
redemption as of July 1, 1944, at 105 and interest.
Payment will
made at the Bishop National Bank of Hawaii, King and Bishop
Sts.,
492,259
Other
bonds
Assets—Cash,
All
504.875
75,350
the
dis*;
has been
510,046
49,140
Hawaiian Irrigation Co., Ltd.—Bonds Called—
for
subsidiary,
a
$203,526
Preferred dividends—*_
Dividends
504.875
48,306
—
Iowa Public Service
$49,471
45
49
^
$77,342
accrls..
.Balance
Retirement
Interest
$7,867
247
levs-
income
Non-oper.
504.875
charges—.
deductions
,
$232,147
r
Interest
oper,'
$1,278,865
to
8,977
1943—12 Mos.—1942
$47,463
$48,774
revenues,,-'
Taxes.
Net
$1,201,495
General
income________
Gross
Gross
1943—Month — 942
Period End. Nov. 30-
Operation
Maintenance
$1,040,613
Operation
550,922
income.-
Non-operating
before
.
680,759
$1,079,965
1942, and
Haverhill Gas Light Co.—^Earnings—
Operating
.870,875
858,403
Inter-Mountain Telephone Co.—40-Cent Dividend—
The
directors recently
declared a dividend of 40 cents per-share
■p.
with the
$223,170
___
Gross
par value, to holders
with $1 per share paid on Dec. 23,
common
share on Dec,
per
939,842
1,015,904
is
Little
Corp.,
$774.0^2
and taxes__
exps.
Operating income
Years End. Aug.
$1.25 Year-End Dividend
Hartford Times, Inc.—Pays
per
1,021,014
1,032,625
local
and
Payments in 1942 and 1943 were as follows: Jan. 2 and April 1, 40
cents each; and July 1 and Oct. 1, 30 cents each.—V. 157, p. 2449.
10, authorized .',
corporation,
above
1943—Month—1942
rev._______
oper.
Oper.
Net
quarterly dividend of 50 cents per
usual
Dec.
Manhattan RR.—Earnings-
From January 1—
Co.—Extra Dividend—
The directors have
the
1,130,668
taxes
ferred
per
1732..
p.
Period End. Nov. 30Gross
Gross
,
—V.
share on
No extra
■
report filed
a
158,
Hudson &
:
Hartford Fire Insurance
and
maint. & retire.
depreciation-.-—
Bal.
Co.—Subsidiary Dissolved-^—
Shaneferoke-"Coal
The
the payment of said interest and
part.—V. 157, p. 42.
in
7
\ ..:-
-
directors have postponed
The
1940
$2,830,498
The
$200,000
Mr.
-
Hudson Coal
Income
Inc.—Sinking Fund, Etc.—
1941
$2,999,739
7'.'''V''';.
•
Mass.,. on
Boston,
3325.
p.
a
viz. $65,729,
1743,
20,
Sept.
at
1942
to sell its ;.
stock, par $100, and a dividend of 40% cents per share on account
Royal Little. .. The;);' of arrearages on the 6% ft cumulative class B stock, par $100, both
President, will : takeB \ payable Dec. 28 to holders of record Dec. 15.
Similar distributions
over
and operate the plant.
Accrued and unpaid dividends at
The; Court order "authorized the sale. tor>.; were made in preceding quarters.
Oct. 1,
American Associates, Inc., of the Nemasket inventory and other,
1943, amounted to $65.18% ' per share on the 7 ft preferred
stock and $60.41% per share on the 6%ft preferred stock.—V. 157,
erty for $93,768.
("American Wool and Cotton Reporter.")—V... 139,
equity
in
Nemasket
meeting held on Dec. 9, 1943, determined 'that
earnings of the company for the fiscal year ended Sept. 30, 1943, are
available for interest on
the $5,750,000 outstanding 40-year income
bonds at the rate of 1ft, viz. $57,500, as well as for the sinking fund
instalment on the said bonds with
respect to the fiscal year ended
directors
7'7-
^
$928,897
;
,
1943
Net income——
on
cents
34,049
459,^36
$673,925
$80,266
2252cJ'}}'^\ 77:.;7
p.
34,062
461,392
;
$3,077,532
Interest
:
40
*$55,409
158,
3,127
41,381
•j
$3,243,258
Other
Corp.—Sale of Plant—
District
Butler,
Morgan
-v--bA'•
Ilarborside Warehouse Co.,
The
of
dividend
extra
an
7
on
•
dividend of 30 cents, per
holders of record Dec. 10.
V
Iowa Electric Co.—Accumulated Dividends
Iloosac Mills
201,102
17.122,2^5
45,711
$1,422,082
_______T_
Prov.
From January 1—
Gross
Net
1940
1941
1942
1943
$3,101,486
J,
railway-
from
.
.
.
chgs.
fixed
revenues
Oper.,
per share made each month
last year, paid a year-end divi¬
29,
158,
3,081
41,654
after
All Fed.
cents
Jan.
on
$
November—V
$1,169,379
$1,376,371
.v
Indianapolis Water Co.—Earnings-
—
Railway oper. revenues-
Gulf Mobile & Ohio RR—Earnings—
$124,774
.*$10,674,
12 Mos. Ended Nov. 30-
dividend of 70 cents
year-end
a
.—7-7-
Deficit.—V.
Gross
&
7■
:
•
r
of
share.—V.
per
company
and
payment
stock and dividend arrears was
approved by stockholders May 27, 1943, but was stayed by the Chan¬
cery Court of New Jersey on the petition of two preferred stockholder
groups.
Hearings on the issues in question have been completed.—
V.
158, p.
2252.,
^7';;77-77-;-.:.;v
Gross
Sachs
Goldman,
by
Honolulu Finance & Thrift Co.—Extra Dividend—
eliminating the preferred
plan
The
made
were
v,,; 7
A distribution
payable on the
regular
during 1943,
dend
Int.
decision on the restraining order blocking consummation
of the recapitalization plan is expected according to David M. Keiser,
President, in the annual report to stockholders.
early
An
*
share, payable Jan. 28 to stockholders of record Jan. 18.
This
payments for the fiscal year ending Jan. 31, 1944, to a toal of
"Income
'
Plan—
68,212
from. inc.
Maintenance
Apartments, Chicago—Bonds Called
$1,101,167
7 7"- 3,051
charges.—
deduct,
Net;
■
(The) Greenboro
Air the
purchase
Dec.
on
American
Gross
Companies Acquire Stock—
brings
$2.50
103.89 of the
at
1944
$121,723
5,776
.
—
income
Total;, fixed
or
the
$20,000
of
the
for
'Y/'7>
share
-Bonds Called—
of 5% general (.closed) mortgage sinking fund
due June 1, 1957, have been called for redemption as of Feb. 4,
total
Miscl
7::;v>;7;7 :;v
2252.;-..
p.
Hibbard, Spencer, Bartlett & Co.—Year-End Div
The
Great Lakes Power
A
158,
Total
•
,
22,711,911
8,634,460 v 5,666,972
5,796,434
3,255,504
income
"$16,450
income-
oper.
ry.
Other
of insurance companies has purchased
for investment
52,700 shares of 4% ft preferred stock of the Company, which
Arrangements
158, p. 2191.
—V.
Net
this
operates retail stores in Washington, Baltimore and New York, out of
57,000 shares outstanding.
The shares were acquired from individuals
and do not represent new
financing by the company.
■■■•.
r
per
$2,305,671
745,438
500,594
27,957,745
railway---—
from
1,049,708
of
to holders
made on
been
group
The
1940
$2,535,433
667,838
454,395
$2,680,000
$2,859,000
882,566
railway.—'-
from
25.—V.
Jan.
Co.—Insurance
Iletch
'
1941
1042
1943
November—
Gross
record
of
holders
in which rubber and textiles
158, p. 2252.
products
according to officials.—-V.
employed,
are
■
manufacture
will
unit
This
>
has
distribution
1943—11 Mos,—1942
$1,280,783 $15,315,754 $14,549,048
11,525,654
9,886,234
851,705
1,450,176
2,119,350
194,560
1,238,757
1,167,093
112,795
■
A
Goodrich
F.)
(B.
,
v
,
qach February since and including 1930*.;•' • t• "\"r• <' :
The directors also declared the usual quarterly dividend of 75 cents
per share on the no par- value common. stock,
payable Feb. 15 to
about
The
25.
both payable Feb. .15
no par value,
A similar extra
stock,
Jan.
record
,
extra dividend of $1 per share and
of $1 per share on- the $4 convertible
dividend
RR.—Earnings-
1943—Month—1942
$1,334,514
* 1,175,127
72,704
103,133
Railway oper. revenues.
Railway oper. expensesRailway tax accruals—
Equip. & jt. facil. rents
issue
984.
p.
regular quarterly
preference
Indiana Harbor Belt
Period Ended Nov. 30—
.
declared an
have
directors
7
.
Dividend of $1—
Hershey Chocolate Corp.—Extra
the
311,100
ton
etc.,
\
shares of
The
"
for 4943,
taxes, amounting to $1,391,120
capital stock.—V. 158, p. 1133.
profits
^Monday, January 3, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
8
Julian & Kokenge
A
mon
dividend
stock,
tributions
—V.
of
50
cents per.share has been
payable Jan.
were
158, p. 87.
made
Co.—50-Cent Common Dividend—
on
declared on the
com¬
15 to holders of record Jan. '3. Similar dis¬
this issue on Jan. 15 and July 15, 1943,
'
Volume
-THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
159
Corp.—65-Cent Year-End Dividend—
;i
oh Dec. 20 paid a year-ehd dividend of 65 cents pet
share on the $25 par value common stock, to holders of record Dec. 15.
Payments of 30 cents each were made on March 31, June 30 and
".Sept. 30, 1943.. Distributions during 1942 were as; follows: March 31,
June 30 and Sept. 30, 25 cents each; and Dec. 19, GO cents.—V. 157,
13G3.
p.
November— '
company
•
■
./•;>"//..
■
.
Southern Ry.
Kansas City
oper.'
expenses
Federal
income
taxes—
Other
taxes
Railway
income
$557,913
238,807
,eich
net debit
10,485
income/
2470.
$308,621
£)r$168,271
rents,
$4,975,448
r
;
51,922,469
43,151,858
25,557,580
16,877,544
9,621,195
6,187,156
''
"
after .charges and
Earnings
1942
•1943
1
taxes
Net ry. oper.
—V.
158, p.,
16,843
'
$0.30
$0.46
"
.
•
'
'
Net
•
1943—12 Mos.—1942
$7,699,305
91,809
,663,712
3,290,681
1,652,283
$694,021
$750, 334
.Operating expenses
____
314 728
264,962
:—
139, 655
taxes
30 993
45,942
608,196
62,500
817,833
investments /__
125
125
$196, 166
$228,683
$1.80
Gross
;!/;.>////!; //"/:
Net
income
Nei,
$2,293,219
$2,380,827
13,182
$229,631
$2,306,401
$2,383,606
119,448
,158,962
1,346,066
520,784
1,494,842
chgs.
Divs.
applic. to pfd. stk.
—V.
158,
Kansas Oklahoma & Gulf
Net
from
Net
ry.
1943
Q
railway
from
520,784
2470.
p.
November—
Gross
2,779
'
$197,404
int.
after
inc.
1,500
'948'
1 ,238
(net).—
Gross income
f
y
1,500
Ry.—Earnings1941
1942 $
163,767
railway.—™
98,407
94,118
57,848
3,680,609
2,891,113
2,285,147
2,060,319
Net
1,266,944
1,125,456
Net
ry.
income.__
796,873
income
—V.
:,v<
•
from
oper.
1,716,090
1,557,759
722,132
-
751,810
'
158, p. 2253.
20 cents each.—V.
20,
Oct.
158,
"
87.
p.
Kinney Mfg. Co.—Initial Common Dividend—
The company on Dec. 30 paid an initial dividend of $1 per share
on the common stock to holders of record Dec. 21.—V. 157, p. 730,.
■
Krueger Brewing Co.—17Vz-Cent Distribution—
(G.)
directors
The
declared
have
dividend
a
of
cents
17Va
share
per
Jan. 17 to holders of record Jan. 10.
Payments during 1943 were as follows: Jan. 16, 12V2 cents; April 16,
7M» cents; and July 16 and Oct. 16, 12Vst cents each.—V. 158, p. 1639.
the
on
stock,
common
payable
Of .the
war
Total
"Net"' oper.
.
$656,984
$2,683,771
2,058,972
,
9,028
for
$166,727
$163,731
$664,056
57,082
228,151
Net income
■'Includes Federal
108,639
185,269
197,866
Gross
from
Net
from
Net
ry.
$165,457
33,231
railway
' 129,098
income—
oper.
$386,276
' 2135,054
166,976;
$309,681
16,709
railway.——
174,386
,
from
Gross
ry.
—V.
825,681
158, p.
Years Ended
Sept. 30—
*
1,494,212
2,365,597
1,358,050
for
•'
income
$340,678
$217,560
$101,594
46,186
Dr45,945
7,495
$386,863
$171,616
$109,089
$107,788
325,388
338,344
349,008
352,932
52,000
25,000
5,000
11,200
$191,729
$244,919
$256,344
income
Total
Depreciation—™-:
for Fed. inc. taxes
Prov.
"$9,475,
loss
Net
income.
"Net
Note—The
in
1941
the
of
$105,799
—
the
face
1
,
,
of
excess
in
$54,904
amount
of
1,989
.■
x
periodj over cost has been excluded from income and has
to the reserve for depreciation of improved properties.
been
added
Balance Sheet,
Consolidatd
Assets—Cash
deposit
demand
on
on
$449,337;
hand,
U.
S.
obligations,
depreciation of $5,748,819), $12,091,713; prepaid expenses and deferred
charges, $269,437; other assets, $23,793; total, $13,066,777.
: J :
;
Liabilities—Accounts
payable,
$42,505;/ accrued liabilities (including
$412,477; deferred income, $3,554;
Federal taxes on income of $52,000),
"For
on
:
from
from
Net
ry
railway..*™
railway.——
income—
oper,
From January
1—
from-railway—
Gross
Net
from
Net
ry.
railway—i..-
:
common
stock
stock
(par
$1),
156,
p.
432.
•
,241,854
2,062,735
,570,081
152,403,181 108,585,882
,090,30.1
37,977,499
,080,509
,445,928
2254.
,
Petroleum
Corp.—Earnings—
'
1943
1942
$28,575
$18,760
r
charges and taxes
;
shares—
common
113,164
-
share.
common
1847.
p.
directors
of
113.164
$0.25
■'
$0.17
•
,
.
recently
declared
accumulations
Dec.
to
31
1
and
$26.25 per
1,
of
$4.50
1,
June
1,
Sept,
Arrearages
157, p.
28.
stock,
on
par
of
Distributions
and
1
Dec.
at
as
share
per
preferred
Dec.
record
1942.
share.—V.
of
cumulative
7
March
on
Dec.
dividend
a
the
on
holders
to
made
were
June
profit
charges,
$353,742
Dec.
1,
1943.
2,
1943,
1946.
,
Co.—Earnings—
in
1943
profits
1943
reserve
on
$656,000
and
158,
taxes.—V.
in
1942
-
$125,376
$94,539
and provision
contract
war
renegotiation
1942
for
Federal
income
and
1533.
p.
Madison Square Garden,Corp.
/
Net
profit
Earnings per
1,100
131,563
107,218
26,408
Cr2,607
30,835
775,000
825,000
485,000
810,000
410,000
175,000
62,000
"After
$291,793
$1.22
and all other
sliare.*™.:
depreciation
(& Subs.)—Earnings-
1943—3 Mos.—1942
period Ended Nov. 30—
136,363
;
estimated Federal income and excess
1943—6 Mos.-r.1942-.
"$219,743
$0.89
$138,558
$0.58
24,837
22,326
19,199
300,000
100,000
$2,127,967
directors
$1,544,558
910,125
910,125
728,100
728,100
common
stock
$1.61 '?•**
share.
The
declared
recently
a
700.000
$2.92
$2.20
.
net assets of Canadian subsidiaries
Canadian funds (net), etc.
discount
on
Consolidated Balance Sheet,
banks
securities
and
at
.
notes
the
all accumulations on
1943.—V. 158, p. 2471.
clear up
1,
and
Earnings for Four Months Ended Sept. 30,
-
.tEarnlngs per
vp.
accounts
common
amounted-to
"Taxes
'
1043
/'"Net profit after charges and taxes
1
Sept. 30, 1943
$5,113,239;
will
Majestic Radia and Television Corp.—Earnings—
and
hand, $3,071,352; U. S; and Canadian
on
cost,
declared
just
700,000
728,100
$1.80
dividend
prior preference stock to Jan.
6%
896,075
.
dividend of $6 per share on
account of accumulations on the 6 r/o prior preference stock,* par $100,
payable Jan. 3 to holders of record Dec. 27.
A similar distribution
-was made on Oct. 1, last, while on April 1 and July 1, 1943, payments
of $4.50 each were made.
;'/■'•/ ■
•
/
19,333.
200,000
...
—
"$101,834
$0.41
charges, including provision for
profits taxes, etc.—V. 158, p. 1349.
Maine Central RR.—To Pay $6 Dividend—
The
$93,'430
share—.-...
i—™—...
$0.09
tOn 989,434 common shares.—V2158,
$152,438.
2582.
Maryland Fund, Inc.—Net Assets—
:i; At the close of business Nov. 30, 1943 the company had net assets
'-amounting to $5,400,215, equivalent to $4.87 per share on 1,109,257
shares outstanding.
This compared with net assets on May 31, 1943
*of $6,140,427, equivalent to $5.48 per share on 1,119,922 shares out¬
standing, and with net assets a year ago of $4,565,955, equivalent to
$4.08
share on
per
The
Nov.
statement
1,119,922
of
shares
distribution
outstanding.
account
1943 follows:
Income from dividends and interest,
for
three
the
months
ended
30,
$103,214;
expenses
(.other than
.
total/ $26,845,582.—V. 158. P. 1734.
.
Los Angeles Railway
'
•
;
(cost, Oh the basis of the cost
.
1943—Month—1942
Period Ended Nov. 30—
$1,725,964
Operating revenue-/™;.'™
Operating expenses—™
Depreciation _J__.™.™..
1,380,606
132,125
144,351
1943—11 Mos—1942
-
$1,455,736 $18,197,344 $14,449,045
907,095
11,059,743
9,816,672
133,828
.285,235.
82,286
1,714,610
1,450,631
tl,368,310
251,918
137,508
13,017,269
""$191,795
$277,306
$2,405,721
$1,813,432
48
24
1,463
999
-...—™;
"$191,747
$277,330
$2,407,184
$L814.432
debt
47,268
66,418
582,995
1,095,104
income
■
■
■•///■■
1,515,984
1,307,803
Liabilities—Accounts payable and accrued taxes,
$26,699; distribution
payable Dec. 15, 1943, $77,648; capital stock (par 10 cents), $110,926;
paid-in surplus balance (after charging amounts representing portions
of distributions to stockholders), $8,489,685; distribution account bal(representing, income'surplus), $9,318; security profit and loss
(computed on the basis of identifying the cost of specific cer¬
delivered against each sale), Dr$l,376,666; excess of specific
certificate cost of investments over value thereof on closing market
ance
Operating/ income
Non-oper.
4,065,281
2,004,624
total, $5,504,563.
$1;
740,610
■
102,504
4,878,305
of specific certificates held, $6,647,617),
$4,814,571; cash on deposit with custodian, $618,806; dividends and
interest receivable, $71,185; furniture and fixtures (at nominal value),
Corp.—Earnings—
1940
Gross
and its Vfa cumulative prior preferred
registration on the Washington Stock
/
3,242,026
.
income
Interest
Net
000
the application of the corporation to withdraw
(par $50)»from listing and
■Exchange.—V.
9,619
™,
90,800
com.
1940
,336,703
payable, $527,021; accrued payrolls. $110,352; .-taxes), $11,709; provision for Federal income tax, $4,863; provision
for Federal capital-stock tax,
$156; miscellaneous taxes, $164; net
and social security taxes, $196,612; accrued
income, exclusive of security profits or losses, $86,323; balance of
miscellaneous accrued liabilities, $2.11,501; cus¬
/■income,> Aug. 31, 1943, $657; total, $86,<980; portion of consideration
tomers' credit balances and deposits, $221,486 r reserve for income and
paid for capital stock reacquired representing the equalization of the
excess
profits taxes (less U. S. Treasury tax savings notes, series C,
per-share amounts'of the distribution account at dates of reacquisition,
held for payment of taxes, $1,600,000), $217,983; dividend declared on
$13; cash distribution to stockholders (7 cents a share payable Dec.
/preferred stock payable Nov. 1, 1943, $33,750; general corporate pur¬
,15, 1943), $77,648; balance, Nov. 30, 1943, $9,318.
poses and contingencies, $550,000; pensions and group insurance, $954,/
Realized net profit from sales of securities during the three months
144; reserve for possible losses, due. .to war contingencies, $800,000;
ended Nov. 30, 1943 aggregated $113,546.
Unrealized depreciation on
minority interest in capital stock and surplus of subsidiary companies,
securities increased $479,310.
$218,135; 4V2% cumulative preferred stock, series A (30,000 shares of
$100 par value), $3,000,000; common stock (.728,100 no par shares)*
Balance Sheet, Nov. 30, 1943
$10,921,500;
capital surplus, $2,366,149;
earned surplus, $6,464,873;
Assets—Investments—At value bused on closing market quotations
Corp.—Delisting Granted—
SEC has granted
^
1941
24,057,725
each
excess
300,000
exchange
on
funded
income
"After
Lincoln Service
its
94,008
$1,402,495
transfers of
Board
The
2,056,051
to
2582.
p.
62,598,269
"After
Liabilities—Accounts
V
$369,652
1,317,055
206,737
income—,
oper.
1941
$420,375
$385,285
169,498
55,301
42,294
101,108^
•
•-••V:
5,671,919
5,555,414
2,202,554
1,982,097
158,
22,871,255
per
on
"Net
receiv¬
able (less reserve against receivables of $573,920), $4,232,331;
inven¬
tories, $1,681,492; all other inventories valued at approximate cost or
market, whichever lower, $1,484,473;' investments in affiliated com¬
panies not consolidated, $68,908; other investments at cost Uess reserve
of $3,907), $25,228; amount due fr6m sale of properties, $36,595; post¬
war excess profits tax rbfund credit (est.)-r $50,300; loans to employees,
"i
$6,427; land, buildings, «• machinery, equipment, etc.
(less reserve: for
•; depreciation
and
amortization of $11,345,441),-™ $10,829,970; prepaid
insurance premiums, licenses, general taxes, etc., $245,265; goodwill, $1;
/•total, $26,845,582..: .
....
158, p. 2254.
—V.
$2,494,926
2,905
prof.
Taxes
1942
$490,443
1943
.
1942
McCord Radiator and Manufacturing
other
Assets—Cash in
Lehigh & New England RR.- -Earnings—
Net
$3,673,368
135,000
per
356,532
provisions
tax
83,182,527
payable
and
476,728
$1,309,935
Government
sidiary^ companies,
Gross
The
additional taxes,
possible
November—
453,199
dividends....
.
$34,595; long-term debt of sub¬
$7,600,468; $3 cumulative convertible preference
stock (32,855 no par shares), $1,478,475; common stock ($1 par), $210,~
000; capital surplus, $3,430,294; deficit in earned surplus, £>r$145,591;
total, $13,066,777.—V. 157, p. 255.
/
./•/ /////
■•>
•;■
for
reserve
adjust
to
commissions,' $52,076;
Sept. 30, 1943
and
$44,852
accrued real estate, general
$50,000; rents and o.ther charges of tenants
(less reserve of $6,603, and amount due from managing agent), $80,509; due from City- of New York for refund of real estate taxes,
$22,119; deposits with trustee for payment of real estate taxes .and
interest on funded debt, $79,869; land, buildings and leasehold (less
Government
of
(W. J.) McCahan Sugar Refining & Molases Co.—^Pays
on Account of Arrearages—
$100,
-
$48,166 in 1942 and $15,201
mortgage bonds repurchased during
1943,
adjustment
.
1,507,799
—_——
Operating income
Other
496,391
'980,000
Net" profit
1940
$1,613,598
1,514,803
1,289,954
356,532
23,978,143
p.
■
1941
$1,616,397
1,122.744
taxes-
income™
and
war
Preferred
Earns,
1942
$1,738,393
128,550
stk.
income..-
157,
account
3,546,918
1,520,833
1943
$1,834,889
income
$2,244,723
$4.50
158,505
37,934
-
minority interests.
Prov.
(& Subs.)—Earnings—
Oper. exp., incl. interest
$2,071,539
!
$2,018,198
3,238
i'
Can.
&
Shares of
Gross
165,000
48,311
assets
Dividends
Lefcourt Realty Corp.
21,122
$207,323
railway......
income after
—V.
'
to
100,543
1,143,632
$2,223,609
8,068
railway...™ 190,498,169
oper.
Earnings
Propor. of profits applic.
235,046
2,223,145
$2,063,471
59
108,584
chgs.
income..™
Outstanding
incl.
Fed. & Can. exc.
3,545,930
Net
disposal of cap¬
on
ital
1940
956,753
'
$207,264
206
notes
on
debentures
"Adjustments
$347,127
1,964,315
1,429,823
.
income™™.
2254.
$185,271
187,116
$2,909,531
$3,438,055
expense
Fed.
3,458.124
2,913,922
railway
oper.
/
$3,220,169
627,637--
contingencies
railway
from
Net
1,025,881
1943
Macmillan
186,596
120,000
—
on
Loss
From January 1—
Net
729,921
1,234,246
3 Mos. Ended Sept. 30—
p
'
$2,413,140
amort, of disct. & exp.
Lake
:
774,306
164,000
railway—.™ $17,158,414 $15,510,183 $10,186,529
railway...™
7,033,637
7,125,993
3,153,143
from
amounted
—
912,406
67,652
82,677
$185,477
int.
oper.
—V. 158,
1940
187,324
$2,810,418
Prov. for income
Superior & Ishpeming RR.—Earnings—
1943
1942
1941
N
-November—
ry.
Gross
Sept. 36
1941
235,444
payable, etc.
43,750
income and excess
&
Int.
$106,649
43,750
1,636,095
tCr33,398
65,045
'/
(net)...™
credit
from
of
Profit
Int.
$435,905.
$461,640
175,000
175,000
profits taxes.—V. 158, p. 1172.
$109,208
—
Preferred dividends:™'—,//
1043—12 Mos.—1942
5850,107 $12,052,751 $10,436,522
444,589
6,344,633
5,544,714
.
'3 MoS. Ended Nov. 30—
229,085
deductions—™
etc.
*
1942
management
based on profits
Miscellaneous income-
$690,725
57,519
income
Gross
1943—Month—1942
$1,100,311
667,860
•'
From January 1—
of
comp.
1,557,160
required by the Revenue Act of 1942.—V.
from
$1.75
Profit from
'.vh'.
Int.,
■Gross
•
.
236,242
.....
2,723,233
2,218,681
November—
unemployment
taxes
7,566,675
3,937,437.
2,151,116
Louisville & Nashville RR.—Earnings—
;
Prov. for pensions, group
& old age benefits
9.598.137
5,301,840
99,458
after
inc.
tincludes
sales
ins.
14,089,302
2,000,700
revenues—
the amount
$20,733,543 $21,250,666 $23,626,409 $19,123,556
.Gross profit before depr.
9,151,488
9.458,89"5 .10,928,710
8,955,824
5,602,863
6,319,429
5,646,376
5,068,824
Sell., branch & adm. exp.
838,922
802,646
858,666
927,365.
/Depreciation
,,
208,066
—_
Divs, applic. to pfd.
'
1943
308,874
255,094
war
Consolidated Income Account, Years Ended
*
*Net
39,211
39,258
for
demand
384,925
income
Gross
Net
restrictions on materials
"
<', i
One of the strong points in the company's post-war picture is its
.present strong financial position with working capital in excess of
$14,000,000.
Reconversion of facilities to normal products will involve
/no large outlays of money or any considerable delay , due to rearrange¬
ment of plant and facilities..
The company's reserves against post-war
contingencies now total $800,000.
$624,798"—" $651,514
$154,703
9,425
pent-up
large
a
begin to fill within a few months after
and. manufacture are lifted^
/
,
»
,
1,984,314
$157,303
oper,
from
$2,635,829
502,281
———
'.;
1
'
ry.
1943—12 Mos.—1942
513,740
income-
Other income
L;
Net
Net
indicate
trade
the
206,197
reserve—_ .v
Other income
Net
acetylene.
and
oxygen
1940
$749,504
■fartfp'
—
retire,
the
in
Surveys
insurance
671,043
revenues
""Oper. exp. & taxes.™
Prop,
products of the company's durable goods divisions, which could become
effective immediately after the war., This demand the company could
gases;
1941
256,738
taxes
.
•
1943—3 Mos.—1942
Federal
Other taxes
decrease
a
1942
7,265,520
expenses—_™
Net
industrial
the
for
demand
the
Prov.
Sept. 30—
in
V:
-Earnings—
$915,531
revenues...™
If we
in
Portion
Period End.
temporarily result
New York has been ap¬
stock.—V. 158, p. 2254.
$1,570,046
income
2254,.
p.
-may
depend on the expectations of our customers in the carbonic
/beverage industries as to their anticipated postwar business, there
should be no decrease in the demand for carbonic gas.
4
Co.—Earnings-r-
Lake Superior District Power
may
of
City
common
18,102,412
railway
railway
Net
,
payable Jan. 20 to holders of record Jan. 8.
Distributions
during 1943 were as follows: Jan. 20, 40 cents; and April 20, July 20
stock,
and
the
184,958
Operating
were,
The-termination
2254.
p.
633,368
Operating
'*<-
generally speaking, limited only by productive
capacity, Mr. Mcintosh said, with an increasing proportion being taken
::,for war purposes.
Shipments in the durable goods divisions were
•limited, as expected, to a relatively small quantity of civilian products
but during -the year a total dollar volume of approximately $5,200,000
.of war products were completed and shipped from these divisions.
,
vy For
the near term and if the war lasts through the fiscal year
1944, it would seem that the compressed gas divisions may be expected
to continue to operate at capacity, which may be increased somewhat
if the company receives permission to build facilities for storing dry
ice during the winter' months to help meet the peak summer load/./
gases,
158,
Louisiana Power & Light Co.—Earnings-
company
pressed
:
dividend of 50 cents per share has been declared on the common
A
of
1943
period End. Nov. 30—
to
•
672,979
:
Kennedy's, Inc.—50-Cent Common Dividend—
'J
dividends
be required for that year, although the company has not
yet been informed of a determination by the Price Adjustment Board.
Sales* in
the company's consumable goods'divisions, chiefly
com-
65,179
railway—.
from railway.*—
oper.
From January 1—
Gross
preferred
properly
123,556
119,676
'189,940
,
after
of $1,402,495, equivalent
share of common stock. ..."
Ry.—V.
$1,745.47G
income™.™
oper,
—V, 158,
,
1940
$203,347
$212,598
$336,879
$350,492
_
ry.
has submitted its figures for renegotiation for the
fiscal year 1942. -W. K. Mcintosh, Chairman,
told stockholders.
In
;the management's opinion, no refund of "excessive profits" should
-
revenues-
oper.
Other
Bank
from
from
Net
to
year
a
The
747,500
•''
report
ended Sept.
year
•
579,878
68 ,667
taxes
Prop.,
National
ry.-oper.
Net
stockholders issued Dec. 17, covering the
30, 1943,, the corporation reports net profit
annual
the
previous
3,066,081
923,519
retire. reserveAmort. of limited-term
Other
Ronde
From January 1—
for, the period, of $1,303,935 after all charges and Federal taxes, equiva¬
lent after preferred dividends to $1.61 a share on'728,100 shares of
common
stock outstanding.
This compares with net profit for the
;
Co.—Earnings
1943- -Month—1942
Period End. Nov. 30—
Federal
In
fiscal
Operating revenues
Chase
November—
Gross irom railway
•Net from railway
.
„
Kansas Gas & Electric
Grand
&
,•/
Liquid Carbonic Corp.—Annual Report—
'•
reduce
to
2582,
p.
Louisiana & Arkansas Ry.-
v
24,109
_
3893.
p.
Lone Star pur¬
consummated,
present approximate $16,-
Long* Bell Lumber Corp.—Registrar—
$616,792
share.™——-__™*___™
common
per
151,
is
at
Long-Bell Lumber Co.—Acquisition—
The
.vy. *
sale
which
12,585,429
11,631,585
158,
See Willamina
(Charles) & Co.—Earnings—
income
—V.
2,807,218
'
71,222,961
$680,573
$4,839,300
8,918
...362,364
'200,000.—V.
,
6 Mos. to Oct. 31—
$7,188,935
2,095,707
117,780
176,280
net
1,373,013
522,513
(vhen the
notes
pointed registrar for the class A
115,551
$7,762,069
$16,927
debit_
oper.
rents,
fac.
J't
1,300,166
.1,561,340*
.
$4,069,728
158, p. 2254.
$30,999,632
18,439,698
3,945,000
1,426,000
Net
Equip,
$4,935,991
3;098,353
railway-,.—2,.136,499
862,896
income..™
1—
'
,760,207
Grqss from railway™*™™; 83,
.from railway—
"27,,993,877
Net Jry. oper,/ineome__™,
12,,213,697
ry.. oper.
poses to use the proceeds,
its outstanding bank loan
1940
1941
1942
.
$7,563,475
$7, 356,561
prom January
1943—11 Mos.—1942
$3,228,596 $39,904,101
2,396,354 : 2,541,670
23,676,032
550,000 V
465,000
6,490,000
234,000
205,000
1,976,000
$3,738,267
revenues
1943
■
from
Net
Earnings—
1943—Month—1942
oper.
"•
railway
from
Net
/••/:;'
Period End. Nov. 30—
Railway
Railway
Gross
properties in and around Galveston for $2,383,000.
gas
Lehigh Valley RR.— Earnings—
-
Kaliler
The
awards.
for
1942.-
"$239,014
—*—*
payment
of .retroactive
tlncludes income tax
V.'158,
p.
$210,912
wag
$1,824,189
increases
as
$1,073,822
War
Labor
or$l,982,500 for 1943 and $371,-
2254.
Lone Star Gas Co.—To Sell
per
.
Properties—
account
tificates
quotations,
The
granted permission by "the Securities and.
Exchange Commission to sell to Texas Public Service Co. its natural
company ™has
been
p.
2192.
'
1942,,
$4,693,432
"Net profit
—-™™^
282,555
346,584
tEarnings per common share
,——
/
$0.45
$0.57
"After charges and provision, of $966,273 in 1943 and $1,107,800 in
Quarter Ended Nov, 30—
sales
Net
1942
for
"
•/
total, $5,504,563.—V. 158,
Dr$l,833,046;
Masonite Corp.-^Earnings—
-for
tOn
tax
r
r
income
shares
of
$4,701',263
also a provision of $135,000
and $100,000 for contingencies in 1942.
stock.—V, 158, p. 1534.
and excess profits taxes,
contingencies in 1943
539,210
1043
,
/
common
.
10
and
1944,
President,
of
158,
of
53.94%
publicly held.'
not
210,000 shares of Mokan
and
SEC Approves Stock
—
Net
jurisdiction respecting amendments proposed to
of Michigan Gas.
With the permission of the Commission, Middle West will surrender
to Michigan Gas for cancellation
and retirement 4,785 shares ($100
par) common stock and 1,250 shares (no par) common stock of Mich¬
retirement
and
cellation
Gas.
common of Michigan
cancellation
of the
par)
In
Net
Period'End. Nov. 30—
All Arrearages on Prior
Dividends on Preferred Stocks—
Pays
Directors
stock,
Lien Issues—Resumes
—V.
Total
Oper.
exp.
Net
$426,256
329,492
$1,658,803
1,297,939
$92,378
$96,764
$360,864
151
3,729
pross income ....—
etc. deductions—
$92,580
52,372
Net
$44,312
t-
$96,915
48,269
'
Int.,
income
—V.
158,
:-
Net
Joint
987,313
:
•
expense)
miscell.
282,757
7'0ft2
charges..
V
Depreciation
Interest
paid
U.
to
Refund
Net
from
Net
ry.
.'refund
Federal
for
Prov,
—^
—
$674,490
$187,642
$5,434,608
the
120
1,329
1,329
4,361
41,197
54,256
585,847
value—•—.
25,883
70,767
300,000
226,994
conting.
for
(net)„
loss
post-war
$1,581,536
000
shrs.
(no
fire
net
$274,120
and
other
net
profits
for. possible
tProvision
loss..
$1.34
$1.41
:
•Includes
refund
$2.05
y
insurance
which
recovered
result
may
on
from
Balance
Consolidated
Sheet,
Oct.
1,445,197
of
Inventories
Cash
receivable
surrender value
(net)
refund of Fed.
Deferred
excess
policy.
t$6.50
par
stock
r
-73,164
Notes
payable and accrued expenses.—
payable to banks——
and
Federal
Other
foreign income
current
for
Reserve
»
424,414
:
128,534
——.
Reserve for contingencies and post-war losses—
Miscellaneous reserve
•After
__—
Gross
ry.
depreciation
in
68,333
928,334
of
2,378.407
$1,621,832
103
.
SEC
on
Dec,
in
a
28
ry.
$1,623,448
$164,319
399,960
the
the corporation
957,534
$198,730
the
for
r
(Mexico)—To.
Co.
$10,009,000 to
said to
own
investments to
cover
1943
1942
railway...i
'$194,134
$229,087
10,168
94,846
26,120
from
•
,
•'<"
607,102
$166,691
58,513
72,743
70,580
I 60,606
2,633,896
2,513,066
2,222,148
2.090,108
933.180
1,047,025
957,254
J. 869,840
684,000
768,347
790,779
847,725
income
<
1—
income—*.
158, p. 2364.
•
Telegraph Co.—-Extra
Telephone &
States
Mountain
403,608
-
directors
declared the regular
have
share on the common stock, payable
per
Dec.
<■
*
-
record
of
holders
to
3
$85,399
$331,370
$328,810
61,301
67,459
257,515
2472.
1943
1942
$518,067
194$) I:
1941
$497,795
profit on sales...
Selling, advertising and
$78,601
p.
Co.—Earnings—
Moxie
Gross
1943—12 Mos.—1942
Jan. 15. $1.75; ahd April;i5,
15, $1.50 each.—V. 158,
15 and Oct.
been declared, payable
22.
Dec.
Payments during 1943 were as follows:
July
quarterly dividend of $1.50
Jan. 15 to holders of record ^
An extra of 50 cents per share has also
31.
Jan.
.
-Earnings1943—3 Mos,—1942
$418,832
$327,897
338,143
354,475
341,683
357,419
operations
$159,652
$163,592
$77,149
•$29,522
6,539
5,678
5,845
1-
22,111
21,099
26,652
4,624
4,624
246,853
$73,855
admin,, expenses
$81,956
-223
$17,940
$17,300
J - " 300
47..
41 Jjc,
f;:J;
from
....
Interest
7,277
'
$17,341
$17,987
$74,078
Depreciation
J
appraisal
appreciation ——~.C;
$82,256
6,144
V
8,235
26,439
J-J 38,010
>
$11,197
——_
3,217
\ '
■;:•■;
31,524
3,050,148
$25,340,167 $24,626,453
of
$9,752 V -$47,639 i
3,217
12,866
.J; .',:;,■.'•■■Cl
-J
v*1
$44,249
12,866
'' j'-KJ-JJ
Net income
income
.
:
.
ry.
1941
$238,667"-
168 173
1940
40,548
.2,044,789
1,168,790
1,357,434
1,594,093
526,240
from
Net
•;
from
ry.
From
1943
railway
railway
oper,
income.—
$7,397,165
3,425,546
1,530,999
558,295
v-
balances,
909,949
,
440,181
$6,569,159
1,605,123
■
$2,921,753
122,475
•374,614
J
.'.•J.Net' ry. oper, income—..
9,127,402
^Deficit,—V. 158, p7.2583.
9,239,738
railway.
railway
—_
Missouri-Kansas
Pipe
16,458,783
A
committee h
stockholders'
to dispose of its entire
opposition
(Missouri Gas & Electric Co., Lexing-
President.
to
the
The
31,637,755
8,092,821
3,348,103
25,486,280
5,796,847
1,607,764
Line Co.—Stockholders'
common
payable
$266,922;
in
property, —plant
>■■■
:
J
,
and accounts
syrups, materials
notes
cases
on
hand,
equipment. (less
and
(trade),
liabilities
$17,723;
(taxes,
customers'
payroll,
interest,
credit
etc.),
surplus available except for dividends on class "B"
$283,409;J appreciation of land and buildings. by ap¬
stock,
60]..-
,,
'
Arthur JC.
elected
been
:
•■
M. Seymour and Henry C. Cole have
Moxie Co. as representatives of American
Sullivan,. Stewart
directors
Cb„ "whi'ch
former
earned surplus, $180,977; total, $1,660,>J' J.:.';.:''."
J j,
Named—
New Management
the
soliciting proxies from stockholders
accrued
$11,473;
praisal (unamortized), $95,863;
Distilling
Corn-
"continuance in power" of -William G. Maguire,
comprising Howard Butcher III
(chair-
committee
hand,
J:
mortgage
plus," $549,249;
$2,387,353
,616,531
214,837
•
51,873,033
from
from
;v
notes payable (installments due within one year),
$8,000; mortgage notes payable, $81,750;
convertible preferred stock
(79,797 no par shares carried at $2.50 per share), $19.9,493; class "A"'
preferred stock (outstanding 1,763 'no par shares), $26,915; class "B"
common
stock
(outstanding 156,465V2 shares), $122,636; capital sur¬
$83,113;
1940
January 1—
71,310,919
22,820,131
Net
3^:vV
1941
1942
2,605,220
on
•$68,323
$40,028 '/
depreciation
for
Liabilities—Accounts
railway—___
7
$342,035), $420,744; prepaid expenses, $15,071; patents, trademarks and good will, $655,925; total, $1,660,601.
reserves
39,609
2,446,672
2,958,699
and
banks
$70,781;- investments-,-- $2,058;
101,487
'18,556
railway—
$113,765
J>.
(net), $109,540; inventories of .beverages,
manufacturing supplies, $119,569;
bottles and
and
\
-$208,243-
107,718
3,041,948
oper.
Net
in
jj:
receivable
_$313,085:
•
18,425
,:v
Balance Sheet, Sept. 30, 1943
J.J
•Loss.
J
4,624
$72,062
,
.
:j
Assets—Cash
'1942
1943
$290,878
134.728
26,680
.
'54,315,
taxes...
Federal income
Ry.—Earnings-
railway.
railway.——
from
I
J 1940
1941
$209,941
JJ
74,260
railway
Net ry. .oper,
in Mexico.
Earnings—
railway__.Lui
oper.
increase
i
J
•
,
,
the largest steel mill
Distribution of 50 Cents Declared—
Income
oper.
from
Gross
2,550,926
1735.
ordered
subsidiary,
of
$1,527,410
709,411
90,633
41,909*
is
From January
Net
637
1,616
,
adjustment
.
j
from
from
Net
'
307
credit
§n Dec. 28 voted to increase the companycapital
$6,000,000 to
company
Gross
mittee is Formed—
Th^
3,343,859
Steel Foundry
J Gross from railway-
Missouri-Kansas-Texas RR. —Earnings—
7,103
Middle West Corp.—Disposal Order—
investment
from
Net
$1,526,773
November— "■
850,000
$4,612,61,6 in 1943 and $4,434,264 in 1942.
$ After U. S. Treasury tax sav¬
4After amortization of $441,468 in 1943 and
1942.—V.. 158, p.
4,054,190
December,; 1942.—V. 158, p. 2472,
Montour RR.
818,332
$164,216
income...
394,078
•Deficit.—V. 158, p. 2255.
Net
•V, » 558,503
j,/s .128,534
tRepresented by 100,000 no par shares.
ings n^tes of $3,760,000.
$146,990
80,000
$118,498
$118,805
from
from
Net
2,402,831
.
9,890 i
r
572,757
957,534
pro-rata
monthly
771,384
dividends 7—
Gross
Total
753,875
chgs.
and
The
1,000,000
:
1,150,000.
;
surplus —
A2,550,926
surplus——————__r—3,880,617
Capital
'Earned
88,654
_i
p.'1174.
Gross
7 700.000
v ■i___:
42,624.319
liability
$6,232,546
2471.
income
158,
Net
.
2,881,468
,
'
taxes
liabilities
casualty
'
700,000
;
Accounts
$6,579,390
pfd. stk.
production.
584,596
—
int.
November—
932,338
November—
251,241
$11,000,000 $11,000 000
;
after
The stockholders
1943—12 Mos.—1942
pfd. stk.
Missouri Illinois
$25,340,167 $24,626,453
,
par)—.
38,386
$807,254
$397,459 for the. 12 months ended Nov. 30, 1942, adjusting
over-accruals made in previous months.
At Nov. 30, 1942, there re¬
mained, a net over-accrual of $198,729, which was adjusted in the
From'January 1—
<■
,
preferred stock—_
($1
month
J
82,062
70,000
206,008
_
no
inc.
stock
the security no
makes
Exchange.—V. 158, p. 2255.
66,830
income
Net
>'
>r 242,524
income
Gross
J,
5,308,934
———.
—V.
112,718
253,724
-
Total
$449,798
156,641
v
Increase Capitalization—
12,132.678
4,110
Common
$6,194,160
$777,694
'ti 29,560
(net)-...
Monterrey Iron &
r;r
revenues
oper.
Net
7 .125,753
profits tax
——.
»
$6,422,749
$437,113
J:-12,685
revenues-
income
month of
company
Gross
3,288.585
9,980,345
charges
Liabilities—
2,117,991
i
$9,010,019
»—
Preferred
2,765,465
life insurance
of
Post-war
i-
the Exchange,
5,637,932
Int., etc. deductions-
607,826
——
—
2,066,814
Amortiz.
500,000
bonds
Canada war
accounts
and
Notes
180,936
retir. & depl. res.
2,589,663
property not used—
bank and on hand.,—
U. S. Treasurv certificates of indebtedness—in
Dominion
1,813,983
171,418
;
J
,'
view of the fact that the plan of
108,165
Other income
70,202
1943—12 Mos.—1942
$1,852,193 $21,689,421 $20,269,219
5,596,377
taxes
Prof,
1,184,496
68,443
(& Subs.)—Earnings—
1943—Month—1942
4,546,708
the 25-ycar 5'/2%
$9,874,311
Oper. exp. & taxes..:
1942
4,630,114
facilities
§Rmerg«»ncv
1,355,403
2255.
p.
1,787,532
$1)
Net
7
1943
158,
5,866,685
$4,853,705
Plant
Cash
registration
440,421
—•—*—
p.
Operating
31
7
$4,753,183
equipment—I
and
2,760,228
1,824,105
5,545,641
the New York Stock Exchange,
$843,686
Period End. Sept. 30—
.
plant
4,590,689
3.360,195
1,358,530
87,687
Net
520,167
Canada,
Assets—
5,386,071
3,787,851
1,001,531
income
Years Ended Sept. 30—
$28,557, and Argentina $21,728, after pro¬
viding $25,883 for .decline in conversion value of their net current
assets)
are
included in the above consolidated income account at
amounts reflecting rates of exchange at Oct. 31,
1943.
•Property,
6,426,818
3,261,997
*
324,403
.
$393,660
,
Missouri Edison Co.
,
whereof
-
,
renegotiation of profits on war contracts for year ended Oct. 31, 1943.
Note—Results ;.«f
operations
of foreign
subsidiaries • (net
profit
$50,285,
$500,231
$0.74
stock
121,619
5.967,615
railway.
Net oper.
on Dec. 23 registered 227,000 shares of common stock
with the SEC. The shares are issued and outstanding and
do not represent
new financing by the
company.
They are owned
by, and are to be offered for the account of, the Atlas Corp.
Under¬
writing arrangements and offering price to the public will be supplied
by amendment.—V. 155, p. 264.
,
The
(par
par)
com.,
247,679
155,618
.
94,845
Other
Mississippi Valley Barge Line Co.—Registers With SEC
641,550
298,599
120,394
570,012
Prop,
$1,165,736
$2,077,065
1,283,100
profit for year—;. $1,632,408
;
801,938
divs. paid-
Net
.Earns, per shr. on 700,-"
333,484
•8,088
taxes'.
The
Preferred
192,129
481,473
Other
$3,484,855
$499,300
' 471,860
19 43—Month—1942
revenues--
income
158,
—V.
-
——
1940
$391,988
555,818
„
opinion of
taxes
Gross
&
1941
$499 288
'
railway
oper.
•Includes
submitted in
is
expenses-—
Divs. applic. to
v1
1942
$555,726
income...
Divs. applic. to
March'1, 1949.
Net inc. after int. chgs.
96,502
52,990
1943
$424,072
$1,829,206
'
listing. and
from
in: the
notes,
Other income
Cr70,000
conversion
Prov.
J'- - ;■
.
expenses....
—V.
profits tax..—
for
decline
in
excess
shares
revenues..^.
1943—11 Mos.—1942
$45,465
submitted by
Net °Per> revenues.-.:.' •
-
Post-war credit for Fed.
Prov.
$5,392,090
$183,161
39,031
Notes—
being
li
_
$0.07
income
Operating
accrued on corporate books but not
$45,383
...
strike
to
.
315 000
1,587,000
5,830,541.
156,
$0.13
—
for employees' bonus and Federal
of capital stock.—V. 158, p. 1350.
provision
Period End. Nov. 30—
tlncludes amortization of defense projects:
excess
profits taxes
cents.—V.
50
Operating
$671,304
interest being
•
:
23,
Sept. 26, '43 Sept. 25, '42
$115,836
$63,620
'
54,057
30,739
,
...
415,962
from
•Federal
Pl'°P- retire., reserve—
279,264
811,079
786,259
'
Montana Power Co.
&
'
'
'
,
*
Mississippi Power & Light Co.—Earnings
other
682,715
—
Fed.
for
is
Federal taxes
_
Dec.
$3,540,431
129
'
and
foreign.tax
Prov.
_
cents
20
for
chgs.
application
Operating
Operating
'J'
cents; and
15
share
per
oper.
Dr56,673
Period End. Nov. 30—
255,000
ry.
Gross
longer suitable for continued listing, omthe
"7
net
possible
for
tProv.
SEC
the
'
of
From January 1—
provision is made by the bondholders' plan, not yet approved by the
Court, of that railway, which is in receivership.
These facts, taken
into
consideration with the small indicated aggregate market -value
*60,221
—J
47,628
Net
163,688
reorganization, which has been confirmed by the- Court, makes no
provision for the above notes, which are secured by 56,420 common
shares- of Wisconsin Central Railway Co., and
for which shares no
of
contracts
war
15,
from
$3,597,104
deprec..
gold notes,' due
$3,017,039
61,068
Oct.
railway....
Net from railway
76,426
182,168
13,338
Gross
$3,684,365
294,302
:
-3,066
property
Application
A;,8.694
412,148:;;;,. 406,614
,
:
dividend
year-end
a
Monongahela Ry.—Earnings—
Cr86,072
To Delist 5%%
to
paid
15
—
charges,
$5,348,536
depreciation)
Road
Govt,
S.
renegotiation
on
:
8,368,747
...
fOn
$334,522
include
not
This
$3,796,378
67.027
$4,814,458
;
8,694
710,447 :' v 571,387
13,476
51,822
$8,919,252
profit
17,649,387
(in excess of nor¬
mal
of
Total
Miscellaneous
*After
Drl46,881
fixed
after
Equip,
.•452,563.
.
$5,236,401
1
1943—Month—1942
$1,564,467
218,954:
303,637
.
profit
Crll,835
being paid currently,
and
earnings—..
32,035,605
20,997,853
Dec.
on
cents;
profit
taxes.
1,436,729
13,113
I..—
Net
14,803,161
$3,577,423
$4,510,821
3,636,495
oper.____
receivables
on
69,706,341
45,351,236
Monogram Pictures Corp,—Earnings—
$662,655
...
charges ^
leased road
for
paid
-
19,932,969
94,404,440
36,422,767
income—
13 Weeks Ended
Gross
15,648,491
1,592,607
$334,748
equipment
being accrued and
*
25,334,899
32,214,512
79,262,788
20
25,
15,241
available
Income
(& Subs.)
-
17,216,980
.121,766
15,438
being paid currently
*
*
*
"
'
from
Profit
Int.
<■
&r sales
gen.
1,190,252
101,650,499
•Int.
1943
manuf. cost,
admin.,
1,423,855
161,174,905
corporation
(Dr)
net
income,
fixed
1942 . v* 1941-vr/
1940 >
$40,851,007 $29,845,720 $23,510,383 $16,367,628
sales
(incl.
Cost
4,052,334
206,772,962
railway
railway
income
oper.
ry.
Rent
.
Total
2,676,477
•Deficit.—V.
Mid-Continent Airlines, Inc.—November Mileage—
corporation flew 1,187,997 revenue passenger miles in Novem¬
ber, compared with 1,419,274 in October, and 30,535,577 mail pound
miles
in
November compared with 29,922,816 in
October, according
to J. W. Miller, President.—V.
158, p. 2192.
<
'
V
1,380,172
662,458
$
(Cr)
The
• >
income...
November-—
taxes
equipment
•Does
Years Ended Oct. 31—
2,025,222
2134.
p.
$1,836,686 $24,045,989 $20,769,586
;
1940
$7,825,089
2,583,781
1943—11 Mos.—1942
1943—Month—1942
,
1941
$9,709,655
8,067,522
158, p. 2583.
•Net
1,595,495
.
r-1
$17,374,970
tEarnings
facility rents
Other
$141,821
Minneapolis-Moline Power. Implement Co.
$3,170,745
1,522,339
990,825
149,677
after
of
Hire
987.
p.
$3,167,892
2,853
2,041,309
—
1942
9,185,845
•
.244,578
$160,098
$44,542 n
204,495
$3,578,659
' 9,628
((other than Fed.
income)
$386,400
$364,593
U
$3,588,287
tTotal expenses
3,776
,
$291,192
5
$2,407,630
a
share on the capital stock, par $5, to holders of record Dec. 1.
In
1942, the following payments were made: April 30, 10 cents;
2471.
p.
time,
per
7,131
156,663
revenues
Taxes
$382,623
203
income
6,886
,
$291,192
Period End. Nov. 30—
Total
$1,617,917
1,235,293
income..
oper.
Other
taxes___"
&
158,
of Mokan
due
Mode O'Day Corp.—Year-End Dividend-—
755,952
574
>
181,480
:
1943
oper.
The
'
$316,288
chgs.
applic. to pfd. stk.
Net
$439,715
347,338
revenues-A;
oper.
3,055,396
Minneapolis, St. Paul & Sault Ste. Marie Ry.—Earns.
1943—12 Mos.—1942
1943—3 Mos.—1942
>
750,000.
$315,446
842
12 Months Ended Sept, 30
Earnings for 8 and
62,500
v
after int.
inc.
Divs.
stocks of the company. Distributions of $1.75
each on the 1%
stock and of $1.50 each on the 6% stock were made
on
Feb. 2 and May 7, 1942, none since. .
\ - ,
■
Directors also declared dividends of $1.50 per share on the $6 pre¬
ferred stock and 6%
preferred stock, payable Dec,: 29 to holders of
record Dec; 24.
These two dividends are the first paid on the pre¬
ferred stocks since February, 1933.'
V
Period End. Sept. 30—
910,374
'
revenues...
Gross income
Net
the prior lien
on
arrears
from
1,637,825
949,249
'
574
inv.
RR.—Earnings—
railway.
from
June
prior lien stock and $23,175 per share on the $6 prior lien
payable Dec. 29, 1943, to holders of record Dec. 24, 1943. Pay¬
of
these dividends
eliminated all dividend accumulations in
ment
ltd.-term
Net oper.
dividends of $27.0375 per share on
declared
24
Dec.
on
of
Other income
7%
the
1,789,434
76,921
62,500
Amort,
surplus and credit a similar
in
$20,547,733
oper.
ry.
—V.
187,964
Prop, retire, reserve....
plant
utility
gas
ry.
Net
210,296
78,525
>
present,
$9,534,570
Other taxes
expenses....
taxes
to
amounts
stock.
common
From January 1—
$9,475,492
> 2,401,264
165,669
revenues....
Co.
proposes
railway......
from
Net
1943—12 Mos.—1942
$829,447
Federal
adjustments, and charge $88,501 to
amount to unamortized debt dis¬
count and expense.
A
Michigan
also proposed to amend its articles of association to
change the voting rights of the holders of its capital stock.
The
latter proposal was not permitted to become effective, and jurisdiction
was
reserved
by
the Commission over the proposed amendments.
to
$470,000
309,062
Net
Gross
$812,608
189,894
Operating
Operating
$781,000, the aggregate par and stated values of such shares
capital stock and to credit $781,000 to capital surplus.
It will
$470,000 to reserve for plant, adjustments and credit $470,000
earned
surplus; charge $470,000 to capital
surplus and credit
earned
1,229,108
532,192
from
Net
charge
to
Gross
413,541
is 43—Mo nth- 1942
Pacific
Missouri
'
'
and substantial
Line
it
November—•
42,071
.
1,348,166
648,092
345,771'
Pipe
that
states
.
Minnesota Power & Light Co.—-Earnings-
proposes to
Gas
Michigan
stock
common
1940
$120,010
60,767
.
1
.
577,867
330,931
;
;
66,610
628,276
2254.
p.
,
40,072
1,373,674
1,628,713
income
oper.
158,
—V.
charge
to
ry.
J
•
$146,911
76,268
55,771
stock
"B"
Eastern
committee
plan for the merger of the two companies,--V. 158, p. 1939.
,J 1941
$130,868
'
railway
from
Net
Co.,**Inc., will surrender to Michigan for can¬
1,150 shares ($100 par) and 1,250 shares (no
Halsey, Stuart &
igan.
V
25,165
railway
from
Gross
association
of
articles
the
—
income
oper.
-
From January 1—
reserved
but
Corp.,
railway
from
ry.
Panhandle
The
1942
$122,375
28,840
railway....
from
Gross
Net
approved a series of
parent, Middle West
Exchange Commission has
by the company and its
and
proposed
-r'Z'i'-1943
November—
Cancellation Proposal—
Securities
Trust
1735.
p.
Michigan Gas & Electric Co.
The
York
years.—V. 158, p. 2471. h-
stockholders within two
Midland Valley RR.—Earnings—
trahsactions
director
for $352,400 was
amount outstanding
Mo.,
the
of
of Butcher & Sherrerd,; of Philadelphia; A. Faison Dixon, a
of Mokan and a partner of Brokaw,. Dixon & McKee, New
City, and J. Walter Taylor, Assistant to the President of Security
Co., Wilmington, Dei.,
alleges that it represents more than
man)
13,687 shares to Ralph J.
approved. This stock
and the only portion
Proceeds are to be distributed among Middle West's
time the sale of
At the same
Warrensburg,
Mo.
constitutes
his
announces
board,—V.
the
ton,
Green
retirement as President as of Jan. 1,
the election of George W. Dolan, formerly Executive Vice
as
his successor,
Mr., Allen will, continue as Chairman
Allen
M.
fine.)—New President—
Works
Mathieson Alkali
E.
of
recently acquired more-"thtar-50 % ' ownership '- of
concern.
Boston attorney, was named President and Mr. Cole
was
elected Treasurer of Moxis Co.
Frank M. Archer, the retiring
President, continues as a director.
In addition Frank M. Archer was made Vice-President and General
Mr.
Sullivan,
Manager
p.
2364.
and
a
Eugene J.
Harrigan, Vice-President and Clerk.—V. 158,
'
'.
• ••'/
•
.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
159
1942
"1941 ?
1940
$1,861,933
profitand gen.
♦Manufacturing
sell,
Admin.,
expenses
of
1943
$2,859,080
$2,751,706
$2,208,947
994,612
937,213
$1,757,094
13,328
$1,271,734
14,153
domestic
for
884,438'
761,906
——
$1,338,006,.r
$1,974,641
38,436
12,843
income
Total
Depreciation
Other
:——■
..
for Federal
Prov.
$1,770,422
82,342
85,561
12,178
10,711
1,004,536
7582,613
215,500
'
2,551
438,250
■
taxes-
for post-war ad¬
justments and conting.
257.
p.
Prov.
profit
$570,851
.
per
200,000
share
shs.
Earnings
com.
♦After
i
promotion
'
$5-45
"S2.96
$2.85
taxes in
1942,
t
>
in 1942 and
provision for
1943
-
•
U.
payable including pay roll and provision for
estimated liability to U. S. Government, $504,485; accrued taxes other,
than income, $22,127; Federal taxes on income (est.), $463,579; reserve
"
Net
from
Gross
Net
from
1,378,118
1,629,532
368,838
432,328
641,572
189,866
Net
ry.
—V.
27,627,336
17,794,196
14,080,033
14.318,149
9,719,301
4,970,411
4,497,424
5,116.164
2,963,672
2,915,401
1,705,494
income—
oper.
."'■ -Subsidiaries—'
expenses.—-
Federal
Other
taxes
taxes
——
———_
Prop, retire, reserve^
Net
'
Nashua Manufacturing Co.—Earnings—
:
Sales
(less
allowances
vision
returns, discounts
and adjustment
probad
for
plants
Nov. 1, '41
Oct. 30, '43 Oct. 31, *42
and' if
years Ended—
debts)
—
,
•
'
$36,174,600 $32,659,012 $22,027,667
«Total
sales
——
-
$36,192,590 $32,673,717 $22,027,989
inch selling and adm.
31,606,553
,
profit on sales
.Depreciation ___
Provision
$2,610,680
409,086
200,000
408,892
maintenance
Miscellaneous
receipts)
(less
Balance
.
♦Pfd.
11,520
—
assets
capital
on
sold
scrapped
69,819
37,433
$4,043,318
for
Reserve
commit.
■';
«,-•■*
'
fV>;
48.347
510,000
265,000
115,000
,
$1,359,971
$1,353,922
6,216,859 '"!■ 5,151,040
6,767,494
47,004
prior years (net incr.)_
treas. stock purchased
^
adj.,
on
2,301,171
8,257,739
/
$3,594,579 $11,192,397 $11,721,128
1,405,802
5,623,206
5,349,246
$2,188,777
$5,843,151
1
130,189
.
Other
Int.
taxes
income
•'"Total
3,915
....—
7,140
$6,602,572
158,
for contingencies..
Reserved
;■■<
-L-*--—————-—-
Balance
:
100,000
...
—
yy
92,000
$6,602,572
$7,538,974
$7,620,801
'
>
Dividends paid
385,713
771,480
441,034
,
•Net
♦Federal
Other
Comparative Balance
Net
469,307
381
-
39,299
$5;598,666
323,741
t88,865
,
29,909
56,345
19,961
$1,788,967
$1,233,948
$5,817,957
$5,079,845
hand and In banks.:
on
receivable
Accounts
_.jj—
4,456,197
(net)--f-T---—.. 2,939,862
5,917,186
5,264,266
15,960 V22.611
204,745
Premium deposits with mutual insurance cos.—
195,158
r .^2,430
Investment and deposits at book value,———
2,375
Post-war refund of excess profits tax.——f ■
29,820
Deposits to secure payments of Jan, 1, 1943,;
46,335
43,278
preferred dividend when declared
———
49,864
56,682
Preferred stock sinking fund deposit——
L
Inventories
Cash
surrender
_„L
—
_
value
(life
,'f
insurance)——
;*
.
r_
7,391,065
Net
210,575
209,560
lU--—-
Total —f——
$17,374,766 $19,130,520 ■
—
LiabilitiesNotes
95,596
7,323,984
6,193,728
2,561,636
1,157,158
1,572,677
1,255,029
1,272,798
513,824
)
"$215,000
$2,465,000
2,328,276
1,781,446
107,328
888,000
Reserves for deferred maintenance charges——" :
400.000", f. 200.000
Reserves for commitments and contingencies—
535,000
170,000
First preferred stock (no par)
3,462,200
3,706,800
Second preferred stock (jno par)————
32,996
37,580
Class C preferred stock (par $100)
_
•...'
14,200
14,200
Common stock (no par)————„L———V'
3,100,000 ; 3,100,000
Capital surplus
.—
—.
5,268,051
5,264,136
Earned surplus
——^
f-,
—
1,911,715
1,503,358
—,
.
—
—
—
1
-
-
•
Total
♦Less
In1
reserve
tLess
1943.
$2,535,000
in
for
U,
depreciation of $8,628,093 in 1942 and
S. Treasury tax notes, $1,752,000 in
1943.—V.
158,
p.
$8,996,212
1942 and
Other
„_—Lu
381.
^
$147,463
Int.
income^—(
deductions
& other
Federal
tax
income
~
•
-
-
National Airlines, Inc—Earnings—
—
-
Operating
revenues
_———
Operating expenses —_—.
r— •
Taxes, other than taxes on income———.— —
$1,382,310
1,015,534
25,725
1942
$930,884
tal
26,664
$1,184,099
$2,533,187
stock
tax
323,741
20,884r
t88,865
29,909
$247,360
$860,854
$2,090,672
2,090
4,900
1,768
39,299
56,345
19,961
-
r
'
$2,014,366
$819,787
$240,370
$50,549
adjustment of. the overprovisions
after
credit
348,734
*(^46,373
for Federal capi¬
the nine months ended Sept. 30, 1942 of
the three months ended Octj 31, 1942 and
tlncludes overprovision
stock tax of approximately $84,000 for the 12
applicable'to
in
approximately
$8,600
12 months ended Oct. 31, 1943.
capital
.
1942...
Oct;. 31,
ended
months
Securities
The
■
has
been
set
Exchange
and
"
Gross
income
$386,352
————
—.-I.
$234,853
1,244
and
2,088
6,677
■—
——
development
—
Provision for workmen's compensation reserveprovision for Federal & State taxes on income
Extension
13,527
5,013
income
—-—■
.
*185,432
$170,224
♦Including $30,014
Balance
Assets—Cash,
ances
receivable,
$365,979;
$63,690;
Sheet, June
accounts
30,
in
made
On
•
per
announced that Jan. 3
in connection with
Commission
requests
June
$6
materials and supplies
traffic
bal¬
(at cost), $174,145;
1,872,860
2,419,513
544,586
544,586
$119,700 for the
12 months ended Nov. 30, 1942, adjusting
the
adjustment
credit
months.
previous
of
1942.—V.
$119,700,
16,
share; plus dividends.
publicly
At Nov. 30, 1942, there
which was adjusted, in
RR.—Earnings—
shares of the stock at $100
National also proposes to retire 1.048 shares
dividend
.
1942.—V.
158,
p.
17,449,137
216,176,280
7,270,597
118,978,662
77,714,848
1,576,745
1,443,025
16,758,257
'16,650,351
income-V 5,266,014
8,735,515
80,439,361
1,536,423
17,188,791'
79.267,265
15,607,910
ry,"
oper.
'income-—1,033,194 ;
ToJ,al
income—
deducts,
fixed
income
Net
>'
♦Incl.
and
1351.
Period End. Nov. 30—
Other
455.495
336,251
4,951,342
4,290,654
32,166
136,879
921,188
1,299,612
75,386
53,817
925,015
874,759
60,800
60,800
730,000
725.700
750
790
—
«
of ltd.-term
inv.
Net
oper.
revenues.—
Other "inebme
10,061
^73,145—^5,351... $^788,741.
284
17
1,707
$273,429
inc.
Divs.
—V.
income
after
int.
chgs.
applic. to pfd. stk.
158,
p.
2472.
75,690,201
39,918,421
1,434,981
8,149,449
Hartford RR.—-Earnings-^1943—11 Mos.—1942
1943—Month—1942
oper..;income—
fix. chgs.
fNet after charges.
:•
ry.
♦The leases
but
below,
164,468,871
2,680,115
30,900,429
141,759,361
27,124,820
34,873,574
29,741,070
12,047,852 122,937,407 $17,659,386
3,148.229
following companies were rejected on dates stated
of the
railway
net
13,851,280
14,505,483
1,943,360
2,634,681
$1,561,646
avail, for
Inc.
income
operating
includes
results
the
of
operation of these properties: Old Colony RR., June 2, 1936, Hartford
and Connecticut Western RR., July 31, 1936, Providence, Warren and
Bristol
Feb.
RR.,
1937,
11,
tEffective
1938.
of
as
Boston and Providence RR. Corp., July 19,
dates, no charges for the stated leased
these
covering the Old Colony RR., Hartford "and Con¬
necticut Western RR., Providence, Warren and Bristol RR., and Boston
and Providence Railroad Corp. leases,
llncludes accrued and unpaid
real estate taxes on Old Colony and Bostoh and Providence properties;
rentals-are
included
accrued ?and
also
Terminal
Co.
properties
charges against said
interest.—V. 158,
unpaid
and bond
taxes
for
Boston
2584.
p.
Ontario & Western Ry.—Earnings1943
1942
1941
1940
$645,811
$561,476
$449,214
$419,598
48,223
68,664
♦23,187
4.543
—
♦6,798
46,039
♦91,076
♦43,655
railway.:—
8,030.946
6,881,485
5,702,523
5,021,115
railway...L—;
1,092,351
1,013,209
288,153
income—
♦Deficit.—V. 158, p. 2256.
222,176
from
Gross
Net
from
Net
ry,
Net
income
oper.
January 1—
from
Net
railway-
railway..
from
Gross
r
oper.
ry.
632,035
169,180
♦216,373
,
♦679,758
Richmond Gas Co.—Earnings-
&
revenues
income
♦Gross
Net
•;
,
9,432
$215,371
$2,790,448
v
$118,071;
18,071
6,607
income
182,648
126,482
1,712,781
499,100
$1,378,184
/
23,309
ry.
253,176
149,995
:
.16,063
2472.
Western RR.—Earnings-
1943
1942
1941
1940
$423,030
$375,260
160,685
$297,084
$259,185
173,873
82.384
81,728
70,282
48,374
5,377
24,875
railway..
5,306,889
3,998,973
3,377,863
2.907,536
railway——
income
2,439,578
1,744,948
826,311
1,368,525
633,731
1,033,615
990,605
from
Net
$1,309,100
223,155
89,921
$111,976
.
♦After provision for depreciation.—V. 158, p.
from
railway——
railway—
income...
oper.
"
From January 1—
from
Gross
Net
from
Net
ry.
—V.
oper.
158,
p.
2256.
New York
$2,479,895.
1,325
$2,481,220
1,444.854
499,100
1943—12 Mos.—1942
1943—Month—1942
Period Ended Nov. 30—,
Operating
$9,680,052
$897,742
taxes
Amort,
1943—12 Mos.—1942
$803,891 $10,326,347
revenues—.
Prop, retire, reserve
42,797,495
<
p. 2584.
Total oper revenue—
Gross
expenses.—
taxes
Federal
54,574,182
'
New York, Susquehanna &
:
1943—Month—1942
3,894,109
3,490,200
3,031,888
Period End. Nov. 30—
v
Nebraska Power Co.—Earnings—
43,928,231
1,341.193
profits
excess
158,
41,712,777
income
taxes 1
•
-V.
94.875,175
97,628,152
2,364,849
4,012,980
129,919
3,137,401
—
Federal
173,632,464
10,271,938
6,299,208
^
from inc.
charges—'.
November-i-L
Operating
1943—11 Mos.—1942,
5,337,902
58,123,922
,
of 20 cents per share was paid on Dec. 31.
last," on the common stock, no par value, to holders of record Dec. 27.
Other payments during 1943 were as follows; July 1, 10 cents; and Oct.
1, 30 cents.
'
■*>
Similar distributions were also made on or about
the above dates
during
Lines)'
1943—Month—1942
expenses
New York
year-end
re¬
the
158, p. 2472.
12,180,661
From
?^tCati0imt~Shirt Shops of^eiaware^Inc^7-20-Gent7Divr
A
of
accruals——I
and jt. facil. rents
Total
'Vi/'v:;
\
previously acquired and held in its treasury. The company's applica¬
tion asks approval of solicitation of proxies for the authorization of
the stock reduction.—V. 158, p. 2583.
,
•
Net
$250,582;
163,844
——
over-accrual
New York,
preferred stock. ■
National retired 138,000
of
shares
Gross
1940
receivable,
4,980
$4,719,673
130,163
tax
The
date
applicable to prior years.'
33,415
$4,028,579
45,943,261
Net
44,000
$193,000
—
919
$350,216
November—
Company's proposal to retire, on Jan. 31, its remaining 12,000
held
.
Net
$4,714,693
from ry. oper.
Other
\
deadline for- hearing
the
as
Operating
Interest
$3,995,164
pro-rata
revs.————
rev.
Eqp.
Hearing Date Set on Redemption Proposal—
(
$135,63-2
99,220
3,345,009
$349,297
$2,506,523
469,307
92,477..
$52,000 in the
12,734
45,302
.—————
3,646,500
chgs.
$239,400 for
oper.
782,517
$341,051
income
405,598
3,314
monthly
net
a
Net
Other
2,954,334
294,500
"...
New York, New Haven &
7,362
328
—
.
1943
Years Ended June 30—
2,636,706
3,030,872
52,543,403 648,^21,424 539,099,731
35,094,266 432,045,144 365,467,"267
Net
only)
•Cr7,558
$50,877 •'
'Net income ——;
♦Net
$339,641
4,666
taxes-————
; Net oper.
?/'•
1640.
4,638,376
245,112
$296,388
^
—
of December,
oper.
$17,374,766 $19,130,520
—
10,452,537
134,068
255,796
Period End. Nov. 30—
"
$714,792
$336,046
3,595 .;:
'$147,082
.
.
•
12,298,358
:
$299,702
int.
over-accruals
Accounts
tProvision for
903,876
(net)_
after
mained
1943—12 Mos.—1942
$2,037,951 $27,609,270 $24,103,279
1,186,009
applic, to pfd. stk.
and
Earnings—
1943—Month—1942
revenues
♦Includes
1943—12 Mos.—-1942
1943—3 Mos —1942
Expenses —————
90,658'
Federal taxes1,262 ,
for- Federal
payable (banks)———
;
payable and accrued items——~~
Federal income taxes—
i.——
1942.
Statement of Income (Company
—'
income
171,876
,
3.032 231
income
inc.
Divs.
♦Net
Total
7,684,161
-——1
•Plant
Prepaid and deferred items
12 months ended Oct. 31,
income
$334,182
'
434,592;.:
income
Gross
26,664
subs.—consol,
from
Other
Oct. 30, '43 Oct. 31, '42
$1,275,725 : $537,431
Assets—
Cash
279,582
140,958
'
Inc.
1940
1941
$538,565
5,058,377
—
oper.
Ry.
-•>
•
"
3,595
,
Comparative
V
$5,572,002
Period End; Oct. 31—
Sheet:-
1942
751,322
,
"47,056
taxes
taxes
Prop, retire, reserve
capital
$84,000 for the
sold or scrapped.
gain on capital assets
Federal
$6,216,859
$6,767,494.
$7,179,766
Surplus at end of year—„
RR.—Earnings—
.
10,743,061
expenses—J.:
stock tax applicable to the nine months ended
Sept; 30, 1942, of approximately $8,600 in the three months ended
Oct.. 31,
1942, and $52,000 in the .12 months ended Oct.'.31, 1943.
^Includes overprovision for Federal capital stock tax of approximately
"
,
'
$1,229,604
$2,467,285
Operating
requirements applicable to respective periods whether
tNet credit after adjustment of the overprovisions
dividend
♦Full
for
11,
2256.
p.
revenues—
Misc.
48
$7,630,974
on
stock,
During 1943,
issue: March- 3
this
on
share
per
preferred
31.
110,673
,
Ry.
$5,712,962
tax—
-
$1.62'/a
Dec.
$5,572,002
$5,712,962
$1,884,643
4,900
deductions
other
&
taxes
56,-
13,350.067
earned or unearned.
■'
■
640,065
Operating
.
$1,888,238
$6,183,269
■ : 90,658
92,477
348,734
/r 1,262 " , tCr7,558
tCr46,373
J '//♦ 4,666
7,362V
20,884
328
2,090
1,768
•—
territory
with
•
•
•
$1,237,617
_
income-.
1—
oper.
of
payments
'
1943
,
..
New York Central
$1,330,862
L„'
taxes
Balance
97,562
$7,720,801
r
525,920
$1,884,643
.
exclud.
Expenses,
its
$6,097,922
304,134
-
—-i__—>
a
ft.,
cu.
Up 8.77%—
for
compared
cumulative
record
New Orleans Public Service Inc.
9,322,923
>
$6,504,962
$7,576,830
55,841
dividend
a
1351.
p.
from
♦Ry.
'
Disc,
$5,895,750 $19,450,136 $21,044,051
$1,330,481
income
'Total
week
160,630,000
61,295,019,
the
on
Period End. Nov. 30—
71,252.
Light Co.—
&
above)
Federal
$7,661,045
Total
Power
at
available
kwh.
as
to holders of
10
railway—
17,271
74,002
,
equity of "company
(as
Federal
profit for period—
Surplus at beginning of year-
Misc.
21,200
746
National
•
output
14.55^
or
each; Aug; 16, $4.87l/2; and Sept. 15 and Oct.
railway-
♦Deficit.—V.
1943—12 Mos.—1942
".'.,.80,986
•
reported
(Including All Leased
Other
2,635,000
$893,551
Net
min.
to
electric
kwh,,
corresponding
Co.—$1.62 y2 Accrued Dividend—
_
Net
4,548
$1,331,227
applic.
reports
1,579,531
the
Dec.
declared
railway- .i
from railway——
ry. oper. income-.
Net
'
*20,865
2,642,328
conting.——
&
1942 and
1561.
16,104
1,335,581
public
cents;
From January
Gross
$5,875,098 $19,354,934 $20,955,528
equity of com-"
pany in inc. of sub.
$1,330,481
$2,059,908
taxes
income
$0,72
$0.72
Net
■122,327
62,956
ox-
;—
Fed.
for
Reserves
ry,
interests
46~099
118,382
$3,780,014
,
i.
loss
to
Balance
Net
Net
from
$2,666,808
-——
divs.
Portion
200,000
13~3~98t
taxes
Profit
Net
from
month
344,913
plant (less rents rec.)
payments
10.74
2,096,553
of
for
of
1943,
the-following
made
November— V
and'
deductions
Clock
have
10, $1.62'/a
0.85
$4,763,361
kwh.
week is
25,
ended
each.—V.- 158,
Other
——
public
to
20.
7Va
158, p, 1351.
Association
New Orleans & Northeastern
6,350
—
income
int.
other
19,417,309
$4,851,931
v.,;
deferred
for
Maint. of idle
Interest
.
27,821,786
$4,586,037
„
Gross
May
month
•
.expense
company
u_-.-i.Ui
(net)
'
Cost of sales,
the
Gross
22,203
(net)
income
Gross
Net
32?
14,705
17,990
Royalties and sundry income.
Other
Dec.
payable Jan.
$100,
$1.46
of
lease
from
increase
number
reports
accumulations
of
par
♦1942'
1943
$4,734,808
revenues
oper,
Rent
the
24
Dec.
week
directors
$1.62M>
■"
1943—3 Mos.—1942
revenues—
'
158, p. 2255.
Ac¬
1'
'• '
1'
* < '-•* "
$22,562,655 $24,118,020 $86,771,041 $91,385,272
11,767,633
11,235,380 42,941,885 43,512,715
3,073,955
3,913,875
12,328,805
14,787,646
1,312,649
1,424,575
5,266,556
5,573,544
1,673,610
1,669,092
6,878,861
6,555,839
/
Operating
the
New Haven
The
after giving effect to the Revenue Act of
redetermined
♦As
31,
2472.
p.
and
share, aft. taxes and all chrgs.
per
Operating
223,760
38,585,501
railway—.
railway
Net earn,,
■
is
10,853,204
ended
for the
$1.57
share—"-*2——_
per
of
for
week
Net
Taxes,
per
Dec.
record
Association—Output—
24
an
Dec.
This
Association
the
taxes——-——-
earnings per share before
15 cents.—V.
cents
25
of
of
March
26, 1942, an increase of 8.77';>.
Comparable figure for the week ended Dec. 18, 1943, was 66,737,988,
an
increase of 5M'/e over the .corresponding week last year,—V. 158,
concerns.
Corp.—Subsidiary
10 Months Ended Oct. 31—
Net
holders
to
follows:
as
New England Power Association—Output
National Fuel Gas Co.—Earnings—
v;
cu.
account
See Allied Mills, Inc., above.—V. 158/ p. 2192.
;
period End. Oct. 31—
$1,434,294
339.882
From January 1—
.:.
449,000
National Power & Light Co. (& Subs.)—Earnings-
$1,722,482
income—
oper.
ry.
transportation
1943.—V. 158, p. 2049.
Products
Distillers
$10,
were
of 5,819,000 cu.
ft,, or 3.50r<below production of 166,ft. in the corresponding week a year ago.—V. 158, p. 2583.
decrease
a
ended
kwh,
output
352,273
proportionate; to taxes for the entire year 1942.—V. 157, p.
$3,486,815
$3,721,186
railway
Net from railway—
from
passenger
accepted early in December,
dividend
year-end
a
par
ago.
The
of Chicago
paid
1943
and
City Lines, Inc.—Acquisition—
National
1940
1941
1942
1943
November-
Gross
Mr. Hammond was ad¬
succeeds Charles
B.
director of the RCA-Victor division.
1.
quires Century Distilling Plant—
Louis Ry.—Earnings—
Nashville Chattanooga & St,
•
appointed director of the advertising
week
production
Gas
by American City Lines, Inc., for the transportation properties
Paso Electric Co., a subsidiary of Engineers Public Service Co.,
El
stock
total,
and contingencies, $317,151; common
(200,000 shares, no par), $1,000,000; earned surplus, $3,630,857;
$5,938,199.—V. 158, p. 1174.
adjustments
post-war
the
12,432.835
.
securities
hold
27
stock,
during
New England Gas & Electric
For
of
A bid
S.
Liabilities—Accounts
for
1947.
p.
Dec.
on
common
12'/a cents; and Sept. 30,
30,
above
corporation on Dec. 23 announced that it had acquired on
voting control of American City Lines, Inc., which was organ¬
8
ized to
was
-
Government securities, $1,695,397;
accrued interest on securities, $6,517; U, S. Treasury notes, $360,000;
accounts receivable
(less reserves of $39,778), $595,416;
inventories
(less reserve of $58,003), $1,048,913; post-war refund of Federal excess
profits tax (est.), $10,450; sundry receivables and investments, $8,028;
property,-plant and equipment (less reserves for depreciation of $1,041,766),' $734,677; prepaid insurance and taxes,: inventories of office and
advertising supplies, $38,234; total, $5,938,199,
$1,440,568;
The
Nov.
of
•
<
i
-
,
Sheet, Oct. 31,
Balance
157,
for
$4.83
'
including materials, labor and manu¬
$2,500. in 1943, $563,905
profits tax and credit of over
fIncludes
$153,500 in 1941 for excess
total, $1,338,006.—V.
department
the
advertising
becomes
who
157,
in
the
payments
and
Co.—Advertising Director—
effective Jan.
department,
assistant
National
>
Assets—Cash,
—V.
stk.
expenses,
prior years'
.$971,128
800,000
$1,090,069
800,000
600,000
deducting cost of sales,
payable
taxes
June
current liabilities, $4,924; reserve for work¬
capital stock ($1 par), $270,000; capital
has been
Hammond
Charles P.
on
par)
(no
facturing
$65,459;
company
on
Other
year
ministrative
$582,263
400,000
——
payable,
balances
The
share
$5,014;
National Broadcasting
and
250,000
50,000 ;;
dividends
traffic
earned surplus, $390,148;
■
./ ■
h
;
Brown,
Net
Common
payable,
wages
other
$170,707;
surplus,
$121,714;
payable,
and
$195,221;
compensation,
men's
Nelson, Baker & Co.—25-Cent Distribution—
$60;
88,549
58,343
76,812
—„——
charges
$1,285,887-
$1,987,484
—$1,138,464
income
.
salaries
$114,819;
accrued,
$1,100,028
U.
$247;
corporation,
depreciation of $189,818),
Liabilities—Accounts
Operating profit
Other
S. Defense Savings Bonds, $5,014; stock
property and equipment (less reserve
$472,169; deferred charges, $6,121; total,
v/'
current assets,
other
(F. E.) Myers & Bro. Co.- -Earnings—
Years Ended Oct. 31—'
11
a
Telephone Co.—Pays Larger Distribution—
Dec.
on
dividend,
of
$1.75
31
paid to stockholders of record the sanie
share.
This compares with $1.50 per
per
of the first three quarters of 1943, and in each
the four quarters of 1942.-'
All of the companv's stock is owned by the American Telephone &
share
of
company
396,906
-
paid
in
each
Telegraph Co.—V,
158, p.
2472.
THE COMMERCIAL & FINANCIAL
12
•
-—39 Weeks Ended—
Sep. 27,'43 Sep.'28,'42 Sep. 27,'43 Sep.
,'.v: $
7/ -1
'//$:/'< •%■■;/
-•
.
New
ship
-
Ship
turbines and
& other work
Hydraulic
access.
.
28, '42'<
3,932,000
2,273,000
45,050,000 107,849,000
107,835,000
811,000
Operating revenues
Operating, expenses
—
1
Dividends—
Period Ended Nov. 30—
/
.
Federal
"
Other
on Dec. 21 paid an extra dividend of, $2 plm share;
quarterly dividend of. $2, per. share pn the jcommon;
stock, both to holders of record Dec. 20. An extra distribution of like "/
amount was made on Dec. 26, 1942.
,,,
/. . •;
-The
.The
..//y-'
; Plans Refund of $34,000,000 to Government—
will be refunded to the Govern¬
Fletcher, Comptroller, stated on Dec. 17.
returned to the Federal treasury by the
concern's
own
agreement that this amount should be restored as
excess profits from Government contracts.
'
.. .
The
shipyard is engaged almost exclusively in building warships
for
States,
United
the
Gross
158,
V.
the
said
Fletcher
Mr.'
for
called
of first mortgage
Federal
income
and Annuities, trustee, 15th
;y'ry
-V.
158,
$
$
Railway
oper.
revenues
oper.
expenses
7,463,830
accruals..Railway oper. income—
Equipment rents (net)_
(net)_
tax
Joint facii.
Net
1943
items (ba!.)_
inc.
158, p. 2256.
'
'
'
.
-
-
;
1
-
*
,
from
Net
ry.
*
1,206,317
664,837
288,025
295,224
91,141
15,579
273,246
57,456
*14,850
158,
would
V.
1943,
25,
the
for
158,
Other
111,797
f
21,428,733
1,940,030
income
Net
31,128
Its
'1,545,594
accruals
reserve
West
$2,159,820
:
dividends
319,000'
273,165-
Balance
for
1
—
common
stock
Common
^____
^Earnings per common share
—V.
'
——
dividends
:
—
'
158, p. 2473.
In
12 Mos. Ended Nov. 30—
'■■Net
operating
tNet
/:,*//■
income
180,435
*
After
-///• ;
•
■
—V.
;
158,
American
partners
:
expenses,
one
discount and
for
all
etc.—V.
expense,
to
essential
week ended
39,056,000
11.4%.—~
The
in
have
directors
addition
and
to
the
declared an extra
usual
for/,
to
east
were
1536.,
disbursed in
each of the
.
;■/
1943
-
2257.
Northwest Airlines, Inc.
■—
293.642
$0.74;
1943
Cost
Plans Stock Allotment—
expansion
ment
in
Profit
filed
Dec.
the 7
Like
increase
west
Parker
Auchincloss,
others
named
be
will
head
amendment.
by
stockholders
Common
Redpath
&
of
record
at
for
share
each
two
shares
held,
then
expire at 3
p.
m.,
the
underwriting
a
date
in January to
Total
at
a
price
Jan. 15,
to
1944.
be set
later., The
The underwriting
offer them to the
with
totaled
3,573,613,649
for
air
mail,
compared
2,249,758,914 air mail in the like period of 1942.—V. 158, p. 2584.
Northwestern Electric
.Period End. Nov..-30-
Operating
Operating
Federal
revenues^:
taxes
Other
\■/ •*'
$483,147
$441,257
$5,431,086
$5,044,034
250,078
243,858-
2,926.693
614,005
34,355
38,215
528,401
556,158
25,000
25,000
300,000
300,000
18
24
$98,721
$1,061,969
$1,093,670
.454
5.631
3,750
$88,097
$99,175
$1,067,600
$1,102,420
52,539
63,834
644,975
671,173
334,242
334,212
__________
Net oper. ,revenues___
income
_;
income
inc.
$87,893
204
(net)
income
after
int.
chgs.
Divs.
.
applic. to pfd, stk.
—V.
158,
2473.
p.
Northwestern Pacific
November—
Gross
from
Net
from
Net
ry.
.
railway.-—
railway
income
oper.
RR.—Earnings1943
1942
1941
1940
$466,729
3,054
$501,516
$266,282
$265,871
207.149
*30,750
*3,038
48,293
167,656
*64,518
*34,650
From January 1—
Gross
from
railway——
5,664,664
1,353,713'
Net ry. oper. income.—
789,815
•■Deficit.—:V. 158, p, 2256.
Net
from
.
$3,273,030
7,793,613
taxes
charges
63,611
_
~
$2,595,729
•
•
/ Net
$1,171,058
profit
Dividends
<
Surplus -V
—
share cap. stk.
668,527
$502,531
$3.94
794,208
536,246
1146/525
§16,269
railway-.
4,686,413
3,258,459
3,027,670
1,348,123
286,338
33,876
*107,157
*316,517
903,851
.
Balance
Sheet,
Sept. 30 1943
Assets—Cash, $6,021,105; U. S. Government securities,
air
Gulf
Republics.
He
continue
will
Robert
to' use
outstanding common
the
take over his new/
Paris,
Paris-Woolen. Mills .and
name
This
plant
the former,
has
of
four; sets
to
cards
*
is retiring from active
owner,'
.,
;
.
-'
$649.145'
the
*0n
stock, "par
common
p.
3102.
Period End. Nov. 30—
Ry.
rev.
Railway
of
record
Dec.
.
8.
retirement taxes-:-^:
RR.
tDr bal.l
Equip,, rents
facil_ rents
Jt.
1,195,873
taxes-
Net
ry.
oper.
i
—
V
' *' •
872,667
.
J
-
V.1"
7'"^
11,930,638
5,934,034
191,691,
6,726,148
889,241'
64,113
income-
RR.)
1943—11 Mos.—1942
-
i
1,295,474
v/, /128,092.,
bal.)
(Dr
$
7,967,114-146,980,000
.872,663
11,012,245
11,805,000
insur.
-
y,
• .
25,618,457 291,244,088 261,331,925',
21,214,700
taxes
.
74,374,390 897,476,873 767,170,277
48,755,933 606,232,785 505,838,352
59,017,391
from ry. oper.
Unem ploy;
E.
&
B.
"
,
80,232,091
oper.
Net
i
expenses____/
oper,
:
.7;''
revenues_l__
Ry.
-
and
RR.
I.
1943—Month—1942
-
$
c' V
1,895,115
98,806,343'
9,220,422
9,226,071
10,733,225
2,572,29a
14,825,051 113,492,056 130,773,569
Earnings of Company Only
1940
railway
$80,088,374 $74,243,320 $53,146,783 $42,193,655
railway-21,220,311
25,621,348
12.817,766
12,983.017
from
Gross
Net'from
Net
1941
1942
1943
November—
income—;
oper.
ry.
,
6,742,446
14,839,398
6,497,791
9,124,431,
From January 1—
765,749,181 559,261,250 435,586,336
from railway—i—_ 291,125,497 261,385,248 157,368,757 126,912,246
ry. Oper, income-^ 113,522,468 130,983,0i2
88,289,118 77,400,59$,
Gross
Net
//-.:/'/.
sharfe on the:
Tl)e previous
Dec. 22, i94i.-7V. 8l, p. .'1439.
holders
to
$1,
each paid om April 30, 1942, and April 29,
\
,
L.
(Excludes
$4.43
'
'■
Pennsylvania RR. Regional System—Earnings
$1,913,504), $1,995,949; patents, licenses and trade¬
payment was one of like amount on
city in
158,
every
Canal" Zone.—V.
("American-Wool, and-Cotton.-Reporter,i*)
at cost, includ¬
Dec, 1 paid a^-dividend of $4 per
stock, to holders of record Oct. .19.
brought
the
(Ore.)—New Control—
automobile " robes.
1939.—V.. 138,
Net
—V.
from
railway—— 895,787,432
158, p. 2474/
„
;/--/;
•
•.
.
/,(...
.Pennsylvania-Reading Seashore Lines—Earnings—•
November—
T
/ 1943
1942
1941
1940
Gross.from
Net
from
Net
ry.
1
oper.
•
from
:
$727,919
$716,704
$514,787
$434,340.
*13,115
116,285
*36,476
*19,445
*167,386
'/■' '
7,103,608
1,139,162
*827,887
*50,958
*194,908
income—*184,534
1—
- ■ ■:
" '•
railway—— -.11,585,266
railway—3,268,827
Net ry. oper.-income—_
1,031,039
■'*Deficit.—V." 158, P. 2258.'
v
Net
•
railway,
railway——
From January
Gross
Pacific Lumber Co.—Resumes Dividend—
on
as
hour service to
and down the*
%7/-7:'/7:77.
but is resigning'from-that office to
28 years,
share
;/' /-/■-''/ :'v"/:;/. ':'■%/V-V///."
payable,, $652,-/.
237; special deposits on customers/ contracts, $540,978; accrued liabil-..
ities, $705,904; provision for net refund required under renegotiation
settlement for, year ended Sept, 30, 1942, $203,095; refunds payable
on
Canadian Government contracts, $92,132; provision, for, taxes on
income,
net,
$851,287; reserves, $2,235,230; capital stock (par $5),'
$1,485,720;
capital
surplus,
$1,369,785; earned surplus, $3,162,005;
treasury stock, 21 shares at cost, Dr$291; total,/$17,535,019.—V." 158,,
p. 667,
' •/. '•/;/'. / "'f'
..'•"■'•/•-/
company
service
hours'of
Orleans
New
12
Yucatan
(S. C.) Parker & Co., Inc.—Year-End Dividend—
Liabilities—Notes payable, banks, $6,236,937; accounts
The
24
with
to
The company on Dec. 13 paid a year-end dividend of 30 cents per
/
securities, at cost, includ¬
for doubtful receivables .of
prepaid insurance, $180,524; investments and sundry assets, $10,901; post-war refund of excess
profits taxes (including $135,230 as refundable portion of Canadian
excess
profits tax), $812,230; plant and equipment (less depreciation
/ /
Mexico
The-new
within
established
June,
last
;
of
to
to
American
gateway
the
cargo
Balboa
from* Quito
division. Pan
Valley
20 looms.
and
ing interest, $293,174; Dominion Government
ing interest, $68,417; receivables /less reserve
$169,204), $2,853,840; inventories, $5,298,878;
marks, $2; total, $17,535,019.
air
from
north
-V77///_";;7:;;/• ;/7v•';/)%
manufacture
$1,122,315^ $1,519,129$t$l,314,876s
445,685
:668,530
665,731
inventories of parent com¬
pany.
^Special reserve for post-war conversion and readjustments,/
losses on inventories and after contingencies (including renegotiation)
of war contracts).
§Loss on foreign exchange, including $3,019 from].'
conversion of accounts of Canadian subsidiary.
1iWrite-down of -inven¬
tories of refrigerators artd parts.
**Service expenses, and adjustment
made by Canadian subsidiary.
ttSpecial reserve for possible future
losses on inventories,
service to customers and other contingencies.?,
Jflf the above statement had been adjusted to reflect the $180,953)
additional compensation to 1,300 persons the net income would have
been $1,133,923 and equal to $3.82 /per -shaxe of capital stock.-^—
Consolidated
7; -/•: '""'77'
.-:/
/:'7;.; 7
America, Pan American-Grace Airways
certificate,
over
American
Mississippi
past
t95,000
1,732,302
**£2,545
$850,599
$5.11
Pan, American's
Aires,
plane
8,286
19,003
11216,864
$76,630
$3.78
.•7/
;
$1,970,677
35,867
f 1300,000
174,944 V,.-
'
•
Stayton, Ore., the Paris Woolen Mills has been bought by John B.;
Powell, who will assume ownership on Feb. 1.
Mr. Powell has been a
Vice-President
of
Portland
Woolen
Mills, * Portland,
Ore.,
for
the
76,841/--H 103,041
tl,300,000
and amortization of
Gross
Net
'$10,503,225
—
•
year.
South
international
Paris Woolen Mills
^$2,518,887' $1,867,636
111,430
•
At
$2,671,267 '* $ 1,992,843
.152,380 7 7" 125,207
$3,161,600
142,994 V
and India, hauling:
out raw materials
last year of peace
This compares with 20 cents
324.238
limited-term
of
Other
2,764,944
35,463.
^
investments
Other
'
1943—12 Mos.—1942
1943—Month—1942-
Prop, retire. reserve____
Amort,
Co.—Earnings—
85,821
expenses.___
taxes
_
266,863 V:
Zone
2257.-
"
tSpecial reserve for possible future loss on
corporation carried 4,466,961 pounds of air mail in the first 11
months of this year, compared with 2,773,076 pounds carried in the
same
period last year, according to Croil Hunter', President.
Pound
months
_—/__
Earn, per
The
11
Income
be named
Air Mail at Record—
the
260,063
$10,360,231
Reserve
,
will purchase the unsubscribed shares and
public at a price to be named by amendment.
for
$3,428,463
$10,620,294
Interest
group;
v
group
miles
oper..
of
extended
Western
Canal
the
p.
1940
;
difficult
most
world's
,
Buenos
to
12,146,294
last
over
first
international
new
business.
by amendment will be given pro rata rights to subscribe to the aggre-/
gate of 117,460 additional shares of common stock, in the ratio of one
subscriptions will
(& Subs.)—
1941
1942
machine.
war
America
flew
coast
were
its
On
the
shares of common stock
139,460
present common
-
"
the
bringing
air gateway at Miami over seven different
Indies, the Caribbean-area and the north:"'
of the
Board
a
$42,278,567 $16,000,252 -$13,027;556
$9,987,145/31,658,273
12,571,789
10,356,2897,994,302
_______
from
Other income
which 117,460 shares will be offered to the company's'
stockholders and the rest issued under options.
of
par),
(no
for
•_
Profit
in a registration state-,
This was revealed
the SEC
with
23
expenses
Air
over
and
ally
Nation's
South
of
coast
the
mill:
50% common stock allotment to raise funds for*
the. future.
and
Depreciation
Registers Stock With SEC—
The company plans a
sales
Net
the
r
operation under Civil
Lima. ( Operations in*
Opiales/r Overall expan¬
sion of flight activities necessitated a 50% increase in personnel.and
the company in 1943 flew 57,500,000 passenger miles as compared with
43,000,000 in the year preceding.
/ :;//..;/.;7 ;:.,/
-Consolidated Income Account, Years Ended Sept.; 30 '.»<•
•
with
i - ;
-
,
Government
the West
division .fleet
the
On
.
& Manufacturing Co.
Outboard Marine
•
$18,818,559
——
,
'
k
.
the enterprise In which
have been*:
Transport Command to
Corp.,
National
lifelines
last
blackaded
United
established
10 preceding quarters.—V.'158,
r
worked
follows J**" ' -v,.
as
Aviation
Chinese
international
the mileage
26%
—a
'shared
dividend of 50 cents per
:
.
year's
miles in 1943, more than;
and 35% 'above the total
for
1942.
More than
125,000 passengers,
an
all time high in air
travel between the Americas, were flown 128,818,699 passenger miles
double
Ecuador
quarterly dividend of $1.50 per share on
the
our
to Mexico,
Eastern
interest charges,.
158, p. 1941.
7 t
stock, both payable Feb. 1 to holders of record Jan. 17.
common
v
the
at
operation
in
states
further
China's
the
routes
Okonite Co.—50-Cent Extra Distribution—
.
announcement.
Pan
National
1933,
of
in.; supplies
>
taxes//appropriation
maintenance,
deductions
tAfter
etc.
reserve,
the Pan American World
American-Grace Airways, on
had flown a total'-of 65,346,000
and
and
since
maintain
$16,262;O09 $14,819/207
4,500,855" 4,158,281;
2,617,002
2,218,180.:,/
/_.
_1—
operating
retirement
_-L
income—
amortization of debt
common, share———,
p.
-
1942 totals_.by far and are, in some
times those recorded during the last
airway, the hump of,the Himalayas between China
•;'-19431/''':-:J^T942;/;%
'
revenues
four
aircraft
150
China
.China,
Pan
"
Oklahoma Gas & Electric Co.—Earnings—^, /
Operating
of
Airways
announcement
The
319,000:
273,165
$3.72
"
.
fleet
a
7; From the
%/
'J: $046
tl
1
taxes—_
as
and varied.
many
$2,637,807
$2.85
■
exceed
or
according to an
of peace,
Central
—
_
„_
Miami
to
of South America
headed by W. O.
end/Pan
the west
coast
of South America,
miles as
compared with 43,939,744 in 1942 and 24,675,941 in 1941.
Passengers;,
carried were nearly double the 1941 figure, 606,700 as against 391,013;
passenger miles stood at 475,470,000
as compared with 228,630,621.
In
1943
the
system carried 49,345,000 pounds of cargo,
logging a
total of 72,735,000
ton miles.
The mail losd of 14,465,400 pounds
was more than four times the 3,489,619 pounds
carried in 1941.
■ : ;
Special wartime missions performed by Pan American in 1943 were^-
$1,567,655/ $2,045,642
"• 770.000
770,000
stock——
,
three
With
1,583,114'
■
1943
for
two,
American
$3,019,186
$3,509,816
r 859,366"
872,009
$5.50 convertible prior preferred divldends—
Co.—Electric Output—
Earnings for Three Months Ended Oct. 31,
per
America,
serving the rest
the Bahamas, is
Eastern. division,
Indies, including
present
the
year
$5,092,930
"
deductions
amounts
profit after charges and
divi¬
Latin-American
one
Central
Preliminary estimates of the operations of
1,369,690,
$4;564,780
—
income
Preferred
-
deliveries
Total
into
1
Mexico,
serves
Wilbur Morrison, its present head, will go
in charge of the Latin-American division.
and
categories,
Northrop Aircraft, Inc.—Earnings—
Earnings
Jan.
Colombia
headquarters will be moved from Mexico City to1
division
Airways System
$5,069,416
23,514
$4,533,651
income—
income
Gross
Income
19,488,702
Ended Sept. 30, 1043
1942
1943
net—
income,
Retirement
p.
j
ani
To Merge East
Snyder, / manager, who/ is retaining that title in the large reorgani¬
zations.
,
, ,
/
"Improvement all along the front, particularly in respect to the
development ' of multi-engine land planes./ for international service,
makes possible the combination of all Latin-American routes into a
single streamlined operating division," the ./corporation's announcement stated/
t
>
,
\
$12,959,693 $11,437,038
4,997,932
—
operating
Gross
totaled 43,521,000 kwh., as compared with
corresponding week last year, an increase of
2584.
p.
be
Y.
Payment
•■'/",■■,
.
revenues
Utility
1
Northern States Power Co. for the
output of the
Electric
l:wh.
will
New York, N.
.trustee,
•
Airways Corp,
consolidated
be
Western
Aeronautics
Dec.
interest/-
Co.,
v
-
Airways System Sets New Air
Transport Records in 1943—
'
21,314,315
Crll4,417
profit after charges and Federal income taxes..'——.,
•Earnings per share:
—
"On 500,000 shares of capital stock.—V. 158, p. 2257.
•
Northern States Power
par; and
*
1769.-,/-
Pan American World
Oklahoma Natural Gas Co.—Earnings—
12 Months Ended Oct. 31—
5,918,660
Net
.
1,, 1949
2473.
Venezuela.
and
'
2257.
p.
Operating revenue deductions—.'
' * 5,785,992 '
Federal and State jncomei, and Federal excess
profits taxes
—
2,640,050
City,
Earnings for Nine Months
24,017
oper,
Operating
City
York
Aug.
City Bank Farmers Trust
pp.
corporation on Dec. 23 announced that • its Eastern and Western
The
1940
1,448,910
788,917
;
308,517
railway,—_
railway——
income—_
from
Net
Bank Farmers Trust Co., trustee, '22 William St., New
distributed on Dec. 31, 1943, to the bearers of coupons
No. 25 appertaining to North American Trust Shares, series 1955 and
1956, the sums of 6.4 cents and 9.2 cents per trust share, respectively.
Distributions of 5.8 cents per share were made on both series on
July 15, last, compared with 6.2 cents on Dec, 31, 1942, and 6.0 cents,
on
July 15, 1942.—V. 158, p. 195.
'
'
'
>
Northeast Airlines, Inc.—EarningsThe
..
.
,/ :
as of Feb. 1, 1944, through
$55,000 of 3% sinking fund
with administrative headquarters in Miami, Fla.
.The
From January 1—
Gross
-;l
Shares—Distributions—
North American Trust
The
sion,
$27,566
9,954
2,765:
64,423
15,507,453
19,690,954
2,201,826
2,058,720
Jiii.
inocme
Net
458,478'
Vice-President
1941
1942
,
$128,334
Net? ry. oper., income—»
Net
*—V.
1,866,923
$30,810
j" *759
*10,799
railway
—'
railway———
from
Net
57,648,241
21,628,590
1,937,636
2,378,096
176,270
176,136
funded debt—.
on
Cr22,348
2,234,856
income
Gross
$1,227,623
$143,056
70,156
27,887
from
Gross
42,140,788
21,914,504
Dr285,914
2,355,748
2,598,272
D/363,416
income.
oper.
ry.
Other
Int.
rents
due
the
at
158,
and
g
—S
58,773,840
4,099,243-44,599,179
1,713,381
14,174,661
651,582
7,897,702
Drl4,216
Drl57,859
Dr9,876
revs.__,
oper.
ry.
V $773,610
458,478
'
5,817,624
3,656,568
1,822,016
1,834,552
773,596
Net
$1,215,646
stock—.
to preferred
Pan American
,
November—
1943—11 Mos.—1942
.'";j"'
$2,155,072
$120,584.// ' $81,157
charges—
$2,471,922
h/ve been called for redemption
Miami,
etc.—
12,228,977 136,800,237^127,595,143
6,411,353- 78,026,397
69,946,902
11,120,398
Railway
Or645
,V'.'Vv'.v 5,319»
$191,280
.
West Divisions—
$3,094,546/
Earnings-
Month—1942
1943
/
$223,358
at
3,462,652
>
2473.
-$6,557,199"
2365.
p.
233,830
;.
Or240
a total of
made
$1,527,491
155,576
$241,516
$1,924,915
230,802
19,340
debentures
1,582,100
Oklahoma City-Ada-Atoka Ry.—Earnings—
*Deficit.—V.
Period End, Nov. 30—
155,576
$138,097
stock__—
$2,232,773
$172,180
310
Pacific Western Oil Corp.—Debentures Called—
Tthere
$3,394,414 >
1,866,923
$397,093'
192
19,651
opelmtion/of the sinking fund,
3,143,900
$6,880,510
3,486,095
•
812,875
.
Corp.;
Railway
158, p.
divisions
President of Hartford Connecticut Trust Co.;- Ben-:'
Vice-President, General Manager and Treasurer of
and Milton E. Chandler, Vice-President in
charge of engineering of Chandler-Evans Corp., have been elected
directors.
/■:%;■
Richard
W. Banfield
has been elected Secretary and Ernest J.
Keuton will be Assistant Secretary.—V. 158, p. ,1941.
'
Railway
288,524
$293,674
pfd.
on
$681,408
284,314
$582,198
_
Balance
Gilpin,
Norfolk & Western
1/497,300
541,612
728,779
»*
2,417,492
3,821,500
taxes__
income
Divs.
Byrne,
B
Chandler-Evans
—V.
3,316,327
2,400,694
_____
$203,397
plant
net—.
Dividends applicable
,
3,366,193
278,757
280,676
profits tax.
excess
Gross
1944 a total,
due 1945 at
158, p. 225§.
revenues.—/
income/—_____
Gross
•
—V.
the office _pf the Penn¬
Niles-Bement-Pond Co.—New Directors,
H.
income
Fed.
Net
redemption as of Jan., 3,
3 % -5 % sinking fund bonds
Payment will be made at
interest.
sylvania Company for Insurances on Lives,
Chestnut Sts„ Philadelphia, Pa.—V.
John
taxes
-Co.—Bonds Called—
and
Jamin
888,522
Interest & other dedup.
been
have
$21,500
and
General
2256.
p.
There
100
has
company
Nice Ball Bearing
of
.'
1943—12 Mos.—1942
$2,255,060 $27,944,325 $25,149,728
8,132,709
753,282
9,978;127
$2,480,175
expenses—...
Depreciation & amortiz.
700,000
*
1943—Month—1942
revenue
Operating
,
,
-
555,049
58,333 \ '
limited*
income,
the. >7
dividend of $1 per. share on
20.—V. 155, p. 91. f
a
-Earnings—•
Period Ended Nov. 30—
increased its investments in
capital assets by $8,500,000 within the past few years and that this
amount docs not include large sums invested by the U. S.-Navy in
the plant,
nor does it include the $4,225,000 spent on its big sub¬
sidiary, the North Carolina Shipbuilding Co. at Wilmington, N. C.~
'
Edison Co.-
Ohio
said
He
..
paid
24
Dec.
on
stock to holders of record Dec.
51,197
•
58,333
■
546,398
578,009
411
'
res.
3,066,383
734,283
investments—-'.
Net after Jnt.
by the company, R. L.
this sum would be
ment
company
common
i
$6,928,772
3,100,594
57,013 "
72,427
fr,: lease. of
Other
profits totaling $34,000,000
Excess
"263,499
'
-
51,829:
oper.
Rent
1943—12 Mos.—1942
$602,222 ;.$7,323,110
294,018
taxes
■term
Resumed—
(Chas. F.) Noyes Co.—Common Dividend
$680,004
-
____
taxes__
Amortization of
Net
37,092,000
Total
1943—Month—1942
-
____
Property retirement
company
the-usual
amd
...
1,536,000
Pacific Power & Light Co.—Earnings—
v
138, p. 682.
Northwestern Title Insurance Co., Spokane, Wash.
Extra
■
Union Telegraph Co. below.—V.
Western
See
>
88,641,00016,921,000
36,269,000 101,641,000
• 7,970,000
2,276,000
34,650,000
906,000
construction^
repairs & convers.
■
Work Performed—
—12 Weeks Ended
Northwestern Telegraph Co.—Bonds Being Paid—
V
Dry Dock Co.—State¬
Newport News Shipbuilding and
.
ment of Recorded Cost of
Monday; January 3, 1944
CHRONICLjE ?
from
(Continued
•
8,688,512
1,998,862
*167,776
' /
-
on page;
46)
'
5,567,775
*284,823
*2,230,418
■
Commercial & financial chronicle
the
Number 4243
Volume 159
Steels and Bond Sales
DAILY
delivery sales »re
Cash and deferred
NOTICE
furnish
we
disregarded In the day's range, unless
they are the only transactions of the day. No account Is taken of such sales In computing the range for the year,
Securities
the Mew York Stock Exchange
on
m
Low
100
100.2
100.2
Low
[Close
100
100.2
100.2
100
100
100.2
100.2
100
100
[High
100.2
100.2
100.2
—{ Low
100.2
100.2
100.2
100.2
100.2
100.2
5
10
1
2yas, June, 1964-1969—
111.30
■{
■
■
103.4
U 2Vas, Dec., 1964-1969-
103.4
;
'
Total sales in $1,000 units
.: ;V
1
(High
.
•
[High
} Low
[close
■
3%s, 1946-56
V
]
2VaS, 1967-72
—
'
;
1
V
1
;
r
;
[High
Low
)
•
'
.•••
y
-'
•
•
••
.•
IClose
*
Total sales In $1,000 units
High
—
—
1948-50—!
2s, March
v&
low
Close
■
•
,
////■v//':'/,-.1'
fHlgh
'
3s, 1951-55-
Total sales In $1,000 units
' ^
[Close
,
■
—
Low
'
1
i
Low
[Close
•
,
—
.
Total sales in $1,000 units
>■:
Low
[close V.
units——:
—
Total sales in $1,000
[High
•
•
f High
—.
V
2s, Dec. 1948-50
—
Total sales In $1,000 units
2%s, 1955-60—
[High
,
Low
{Close
2s, June, 1949-51
•
Total sales Jn $1,000 units
| High
[Close
Total sales In $1,000 units
Total sales In $1,000 units
r
'
-
-
—
_
(High
•
Low
-
2%s, 1948-51
—
High
28,
[Close
v;,VvVA:v"/
1949-1951
Sept.,
2s,
[Close
'
/
(High
.-1 Low
Low
2%s, 1945-47.
.
Low
•
i
—.
Low
%/:/ [Close
units
—
!
1
(High
1947
2s,
.
I
«
[Close
'
sales In $1,000
Total
1( *
Low
■
Jy
fHign
3s, 1946-48—
1
f
—.
Total sales in $1,000 units
Total sales In $1,000 units
;'r;'• :
i
.
High
—
Low
[Close
»1
«.1
1
1
Close
2y«s, 1954-56
3yes. 1949-52
'
:
'
Low
v;
High
.
1
Total sales In $1,000 units
Total sales in $1,000 units
.
V!:
100
——M
—
1
2Y4S, 1952-55
.
[ClOSe
V
100
100.11
•'
■
High HOLIDAY/
f High HOLIDAY
Low
—
,
(i
100
'
100.11
;././<■ Total sales in $1,000 units—
—
3%s, 1946-49—
J
•
———
[Close
[Close
Total sales In $1,000 units
<>
v.
100.11
--
■———
|
—
\ Low
100
5
2Y48, 1951-53
[High
.
—
9
Total sales In $1,000 units
Total sales in $1,000 units
3y*s, 1944-46
3
'
Low
[Close
—
<
2
[Close
103.4
___
100
Total sales in $1,000 units
2
High
Total sales in $1,000 units
31
Dec.
f High
Treasury
—
Close
Dec. 30
100
—
j( Low
Dec. 29
Dec. 28
Dec. 27
Dec. 25
'
'- /
f
<
•i
: :y.//
below).
Daily Record of C. S. Bond Prices
31
Dec.
Dec. 30
111.30
Close
.4
48, 1944-54
Dec. 29
Dec. 28
Dec. 27
111.30
units
Total sales in $1,000 units—
,
Corporation coupon bonds on the New York
in Treasury, Home Owners' Loan and Federal Farm Mortgage
Figures after decimal point represent one or more 32d of a point. (See note
[High
'
4V46, 1947-52
week.
Dec. 25
Prices
Dally Record of U. S. Bond
Treasury
YEARLY
-
daily record of the transactions
a
during the current
Stock Exchange
WEEKLY
-
United States Government
Below
New York Stock Bxekange
«»
Low
1949-1951
Dec.,
Close
Total sales In $1,000 units
Total sales In $1,000 units—
■
High
[High
Low
1950-1952—
March,
2s,
{ Low
2%s, 1951-54-
Close
[Close
Total sales in $1,000 units
Total sales in $1,00G units-
—
'
2%s, 1956-59
-
,
-
„
,
High
(Hlgn
—i Low
[Close
2s,
Low
[Close
Total sales In $1,000 units
Total sales In $1,000 units
[High
THlgn
110.31
Low
.
110.31
2s, 1951-1953—-————
110.31
•V
23/4S, 1958-63
[Close
.
1
Total sales In $1,000 units———
:
,
■
"
i
•
1
2s
—
(High
{ Low
[Close
:
1953-55
[Close
Total sales in $1,000 units-—--
Total sales In $1,000 units
l%s
f LOW
2%S, 11948
.
[High
—•
Low
I
—{ Low
[Close
—
Total sales in $1,000 units
sales in $1,000 units,—
1949-53
1948—
•
•
[Close
2 VaS,
*
Federal Farm Mortgage
[Close
[High v:!;—
Low
—
Total sales in $1,000 units
"High
3y4s, 1944-1964
Low HOLIDAY
2%s, 1950-52
-
\
—
,
Close
[Close
,
[High
Close
Total sales in $1,000
103.6
[Close.
Home Owners loan
24
3s, series A, 1944-1952..;
Total sales in $1,000
[Close
Total sales in $1,000 units———-
•
100.3
100.2
[Close
100.3
Total sales in
♦Odd
3
NEW YORK STOCK
$ per share
HIGH
Monday
Tuesday
Dec. 27"
{
Dec. 2*
I per share
$ per share
,
♦59 y2
601/2
60 '/a
♦io9ya
no
*47
*109%
48
60%'
110
*47
51'A
51 Va
48
51%
51%
SALE
PRICES
59%
47
*51%
t per share
the Week
$ per share
•59%
110
60%
60%
*109%
110%
47
*47
-
•110
-
61
700
.
;
110%
10
.
*47
54
48
*52%
48
*52%
52%
*60
-
54%
200
20
10%
101/4
10
10 '/a
10%
10%
10%
11 Va
8,800
*28%
29%
28%
28%
29'A
291/4
29i/a
291%
300
20
20%
1,000
.
20%
19%
19%
*19%
20 y.
41%
40%,
41%
X40'A
40%
*69%
72
5%
6
1271/2
20%
40%
721/2
5%
128
128
5%
128%
2%
2%
2..
2%
241/a
.
24%
23%
24%
*69
5%
128
2
22%
73
*68
5%
128%
*125%
2i/s
23%
36
37
251/4
24%
9"
For
footnotes
see
146
13%
13%
32%
*13%
32
8%
•
,
31%
page
http://fraser.stlouisfed.org/
Federal Reserve Bank m St. Louis
of
23.
17,100
24%
23%
35
241/4
148
12,'800
24
22%
36%
25%
*83A
200
2%
24%
24%
22%
24%
1471/2
125 Va
24
35%
-
73
2'A
.37%
*68
25
73
37%
25%'
*68
8%
145%
13%
*13%
13%
*13%
13%
13%
13%
3iy4
31%
31%
32%
31%
33
32
*8%
146
.
9%
147%
'*8%
148
9%
148
1.800
.
7,400
73
8%
...
7,200
371/2
25
146%
91/4
147%
7,500
'
25
*69
1251/a
v
6%
21/4
23%
73
127%
5,000
72
24%
37%
*67
6
2.:
24%
72
*68
6%
40'%
23%
24
37
*67
39%
72
5%
23%
23%
transaction
bond.
of registered
RECORD
/
Range for Previous
-
•
,
700
1,400
200
9,200.
Abbott Laboratories
4%^ preferred—
Abraham & Straus
Acme Steel Co
No par
100
No par
25
Adams Express————
No par
Adams-Millis Corp—
—No Par
Address-Mutigr Corp——10
Air Reduction Inc—
No par
Alabama & Vicksbyrg Ry__
100
Alaska Juneau Gold Min—10
Albany & Susquehanna RR——100
Allegheny Corp—
1
5Va% pf A with $30 war
100.
5%% pf A without war—^-100
$2.50 prior conv preferred-No par
Alghny Lud Stl Corp
—No par
Alleg & West Ry 6% gtd
100
Allen Industries Inc
—1
Allied Chemical & Dye—No par
Allied Kid Co—i.
—5
Allied Mills Co Inc.
——No par
I per
share
63% Mar 12
r Nov": 9 ~ 115% Sep 29
52
July
3
35% Jan 23
571/8 Sep 18
41'A Jan
5
'13
Apr
7
7% Jan " 6
2
32% July 13
25% Feb
104
10
4
108
14% Jan
8
21% Mar 30
38% Jan
8
48% Jun
67 V| Jan
3% Jan
5Va
18%
Dec
Jan
May
Sep
48% 'Jan
Apr
8ya
Nov
Jun
26%
Dec
Mar
16%
Dec
28
76% Sep
3
61
Jan
69
Oct
7
7Vn Apr
6
1% Mar
4
Nov
128i/a Dec
28
69% July
A Jan
11
2
3V4 July 14
321/4 Sep
25
31% Sep 25
51/8 Jan
2
Jan
11
45% Sep
18% Jan
11
31% July
15
75
Jan
19
140% Jan
9
7
39
Dec
113
43
—r
41%
Jan
Jan
Mar
Apr
•fa Jan
64
May
•
29%
5V8 Jan
13
31
51%
1
25
85
Highest
$ per share
I per share
I per share
37
51% Jan
1942
Lowest
Highest
Lowest
Par
,.
Year
Range Since January 1
EXCHANGE
Shares
10%
*68
sales,
~
291/a
19%
41%
lot
$1,000 units—
NEW YORK STOCK
Sales for
Dec. 31
Dec. 30
f per share
110
Friday
Thursday
Dec. 29
10'A
19%
::
—
1
f High
{ Low
[Close
stocks
Wednesday
"*28 '/a
41
-
•
100.2
*2Vs
LOW AND
Dec. 25
100.25
units
■
100.2
100.3
sales in $1,000 units
Saturday
'
lJ/aS, 1945-1947
(High
\ Low
:
1963-1968
100,25
[Close
-•! Low
2yas, 1962-67
100.25
[High
Low
'
fHigh
v//
Total
1
103.6
Total sales In $1,000 units
2yas,
units.
103.6
j Low
2%s, 1956-58
Low
3s, 1944-1949
[High
■
•
High HOLIDAY
{ Low
[Close
Total sales in $1,000 units
Iv: ■
i'.* '
;
$1,000 units———
Total sales in
Total sales In $1,000 units———
2%s, 1952-54
v
("High
.[High
'
Total
Low
•
Close
Low
—
' (High
;
-
Total sales In $1,000 units
High
1945—
'
1951-55
2s,
•
"
*2 lA
Total sales in $1,000 units
'
Low
[Close
.
£
1H.14
111.14
■
-"••Total sales in $1,000 units—--
s:
111.14
(High
i Low
[Close
2%S, 1960-65
2yas,
1950-1952
Sept.,
10% Jan
8
16'A Jan
4
25
2
May 26
11% Jun
4
July 15
165
14% May 22
37% Nov
17
94%
%
Dec
Feb
Oct
Apr
6%
NOV
3%
Apr
61/4
Nov
9%
Jun
3%
:
'17
22%
18
May
57% Nov
3%
Apr
118%
"•
Apr
May
10
11%
Apr
Jan
Jan
.73%
•
,
Feb
7%
Dec
149
Jan
12 V8
;'
Jan
16%
Nov
Monday, January 3^ 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
"
Monday
Dec, 185
Dec. 88
t per
f per share
S per
s»tare
the Week
10,400
15
15%
15
15 %
Xl4%
15%
1534
15%
15%
15
97
97
*96%
97%
500
96%
96 %
96%
96%
96 %
37%
37%
38%
38
3834
8,000
18%
18%
18%
1,500
3734
38
37%
37%
37%
1834
18%
18
18%
18
2%
2%
2 34
29 %
*28%
29%
28%
83%
83%
82%
83%
83
61
17%
17%
60 %
*60%
60%
28%
29
59%
60
59
6034
17
17
17%
1734
8 34,
8%
■;
83%
171%
171%
171
23
23
23
7
110
'
109%
*10%
109%. 110%
29%
28 "2
10%
10 %
28%
10% >
14
14%
*100%
14%
14%
14%
14%
101%
101%
100%
100%
1143*
110
119
54%
116%
50%
43
42%
48%
44%
2%
2%
2%
.
"
4%
73%
71%
16%
16%
153/4
71%
16%
4%
69
70
1534
*35%
35%
35%
3%
3%
33 a
3% 7 3V4
40
4Q v 4
40
67%
67%
67%
67%
6634
*4%
4%
4%
4%
73
17
63
35%
36
3 34
*39%
63
*61
15%
15%
79 34
80
14%
124
34%
34%
2%
45%
.2%
447/4
44%
46
4014
4034
40%
9
8%
167
60%
37
24%
41%
42
150
*146'%
30 %
.
108%
17
30%
.
17
31
109
108%
26%
155%
,
31
.
17 %
.;
.
;
155 34
57
57
56%
57
57
58%
58.34.
58
59
58
58%
140
139
13934
138
9
.
4334
13734
138
9%
634
6% 7
6534
434
*44
7
434
6y8
■'•
.
/
2534
2534
20
20
24%
25
25%
*20
21%
*11334
-
934
9%
934
934
*9%
23a
*2 7
234
2
2 '77';"7
*2
434
43
*42%
43
434
5
77
*72-
*77
82
*77
81
38
38
*934
10 v.
834
834
*100
1234
*88%
3834
*934
8434
*3734
>■
3734
*107
90
*84
3734
8934
8%
83
8%
.,.,•
9134
85 7
*37
108
7
*91
200
54%
7,
90
,
5434
*84
85
26
2834
5334
108
*59
26
25%
2834
2834
28 34
63
2534
11034
1134
5334
5334
55 34
*112
*1334.
734
71
334
25
'
27
7.'
.
U-: *58%
63
*58
2534
*10934
7 11
2434.
,
24%
2534
.
*82
X
85
26
25%
26%
25%
26%
27.3s
27
27
28
28
*58%
62%
*58%
6134
12,900
63
2534
25%
26
25%
26
110%
*109%
110
*10934
1134
/
110
-**.5.600
12
109
11
1134
11
11
5334
5334
53%
53%
1134
1234
*53%
'77
54%
*5334
'.
>.■ 90
6,200
400
54%
553 b
5534
117
543s
5534
*112
14
*112
117
14
14
.
734
*7
71
'
7
7%
:
72
70
334
1434
*6834
3T4
334
334
5538
5534'
117
15%
7
734
•
.
70
334
57%
'
4,930
115
115
16
1,200
1,000
73a
7%
73
3%
3%
734
3%
'
2034
19%
534
53 a
53 a
8%
9
8%
oT'a
934
934
*6034
6234
12
*44
1734
1534
834
9%
*60
7'/
;
1934
1934
20%
20%
20%
5%
534
5%
5%
5%
8%
8%
93a
9%
93 a
P
*60
24%
25
8%
8%
93a
93 a
6134
61%
6134
5934
24%
2434
2534
25
1134
11%
11%
113 '2
*4434
4534
*44%
45 34
12
4534
16%
1734
1534
163 a
17
11%
•
*4434
17
15%'
15%
15%
153a
2534
26
26
26
16%
.,:•
•>
151
a
95
12
1134
4534
2634
32
32
106
106
934
3134
1034
*29
3134
'107
11134
10
10
934
31
,
*29
•107'
9%
1134
10%;
1,400
3334
33T4
*29
*109
15%
1534
5,300
Bath
*253a
2634
4
'
footnotes
see page
23.
9%
9%
Oil
*30.%
*107
11
113 a
3134
115
1Q
*29
*1103a
4
10
33
60
——
10%
113k
10%
11%
3334
3434
34
3434
1,000
•
5,900
4,800
Works Corp
Inc
•
.
11
72% Jan
59..
>
29
-
Aircraft
Creek
9 0 34 July
38
Belding-Hemlngway
Beh
Aircraft
/ Bendix
Corp
Aviation..—
Jan
2834
Dec
81%
Jan
100%
Dec
27%
Jan
53;
Oct
6034 Jun
May 26
72% Oct
19%
22
34%
Oct
34
Jan
Jan
8
3 6 34 Oct
26
16%
Jan
4
68
Oct
20
33
1834 Jan
7;
■
634 Jan
Jan
13
745%
Jan
23%
Jan
99% July
109%
<
Feb
9
12
6% Sep
46% Apr:
6834 July 14
■
52
Jun
Mar
1334 May 29
57
:'Sep 28
4
50% Jan 14
113 ••: Jan
Jun
1434 Apr
2834 May. 27
113 34 Sep
43
111
123
,•
Jun .24''
;
7
70
Jan
May
116
Jan
Apr
Apr-
Dec
31
'4
134
15%
Apr,
2%
Jun
28% Jan.-
5.
334 Nov
9
63s Apr
8
1034 Jan
2
2034 Dec
31
334 Jan
2
10
" Jan
2
1434 Apr
534 Jan
2
34% Jan
6
Feb
9
5% Jan
13
•
Jan
Dec
May
>934 Aug
16
.
294 Jan 21
7
51
85% Aug .: 4
7% Jan.., 7
Jan
83
44
Mar 16
July
634 Jan
Jun
.
19
106
82
;
Apr
Jan
20
108 % Nov
24% Nov 29
;
434 Oct
Apr
May
434
53
2
:
9% Jan
334
31
Dec ;
Dec
434 Jan
'■ ,r'.
6
12
Jan
234
Jun
4 34
Jan
6
1234 Apr 29
;.
14%
Apr •' 7
4%
Jun
7% Jan
4
Apr
6%
22
Jan
'63% Dec 17
2834 July 14
25% Jan
1
5
-
25
93
_50
No par
22
Jan
25
934 Dec
3
934 Nov 29
33
Nov
8
Dec
Apr
33%
834 Jan
7
7% Nov 30
Nov
24% Aug
2 0 34 Mar
105 34 Dec
1.
Dec
20
7
2434 Jan. 16
25
Dec
1334
21
x29
22
May 27
33% July 19
Sep
12%
15%
20
12%" Dec
Jun
18%
Jan
Apr
X23%
Nov
26
Oct
Apr
9
1434 Sep
434
Jan
36
Sep
2334 Jan
:
6% Mar
1534 Sep
47
1334 Jan
1
0% Jun
19 % July 19
4
2
Jan
„
6%
1234 Jan
30
50
Beeeh-Nut Packing Co__—;„—20
.
234
79
;
Feb
8% Nov
94% July 22
3934 Oct 20
7
,_No par
Corp
Dec
97% July 21
4
7. :
Jan > 5.7
Jan
—10
RR—.——
33%
77%
50
—
Jan
Jan
6134 Mar
44% Jan
-100
-
Oct
66
5
4
100
'.
67%
5% Mar
15% Jun 28
Jan
Jan
Sep
26
Oct
4%
Dec
21
5
10 34 Jun
Oct
1% July
36
40%
31
1034 Jun
Jan
1234
Apr
2% Sep
30
6734 July 24
—100
Creamery
Beech
'
Dec
Jan "
17
112% Mar
Mar
42
4
66
30
May
1
; Sep 18
Jan
100
.
•
.
Jan
2834. Jan
2734
110
4
6% Jan
■
5% Jan '
7 50
•
734 May
27
40% Jun
9 >;
Jan
1234 Mar
7
84
2
Jan
Dec
107
75
20
Jan
par
preferred
Beech
—
—
1Q34
11
3334
$4.25
11,500
11%
3134
115
Jan
Co
Cigars
Beatrice
400
108
Iron
Bayuk
500
•'
Corp
preferred—
534%
15%
31
—
No par
(The)——3
Barker Brothers——
173'a
33
•
For
1034
3134
1103 a
*
100
Barnsdall
107
of Del
Barber Asphalt
2,600
26
NO par
-■•
1734
1Q34
1134
3434
107
*29
9%
9%
1134
9%
*3034
♦10?
.
110%
33%
107
934
9%
3134
31
*106
3134
10?
*106
26
2
Feb
534
Apr
Jun
24 ;
•
23
634 Sep 20 *
43a Jan 77
Feb 27
100
B-:
:7/-;P
17 3 a
'
♦26
2
Jan
49
1.00
—
4,000
46
Jan
6% Jan
3%
38 34
Nov
'70%
£>
2234 May
:•••:
Dec
7634
"v
Dec
.,51% Dec
4734 Sep
•
30
par
1 7:
preferred
Bangor &; Aroostook——
Conv 5% preferred
130
11%
4534
7 46
5
11
4
Aug
3%
Mar 18
334 Feb
Jan
Jan
33%
116% Jan
1% Apr
7
14% Apr
14
Dec
Jan
734 Nov
23% July 15
.116
92
4%
2,300
?
>■
1634 Ja n
Jan
50%
14334 Jan
39
3134 Apr" 8 i
2934 Apr
7
11134 Jan 20
49%
Apr
4
12
7 34 Apr
4
Jan
24
„
$5 prior A„_—
Aviation Corp
23
Aug
134% Jan
33% Apr
347/a Apr
5434 Mar 30
U
'
6,300
60%
2534
2434 NOV* 9
No
97% Jan
"
•334 Nov 30
Baldwin Loco Works v t c„——13
-
8
4234 Jan
__
21% Jan
834 July 16
J.00
—No.
;••
79% July 21
—50
Nichols—
May
2
Baltimore & Ohio..
■
9
88 34 Nov
5
12,800
J
5
Oct
Mar
334 Apr
22
Apr
108% May
2
334 Jan
20,100
•'
20
5334 Jan •■ 7
55% Jan
100
—100
-100
—-100
—1
5%'non-cum preferred——100
Atlantic Refining--^.,——
.—-25
4% conv-pref series A
100
Atlas Corp
——5
6%
preferred—
-—50
Atlas; Powder—No. par
; 5%; eonv preferred-————100
Austin
'777 7; :v
r
5%
834
.7
62'
24%
2534
1934
n
334 Jan
.
par
■
25,500
85a
5%
20
8
12134 Aug
6
32
Feb
12
.120
1
1234 July
Nov
12
101V* Apr
v
14634 July 23
;
-
Mar
21%
Jan
17% Jan
;
6534 July 14
493/& Sep
Jan
4US% Jan
At.las Tack Corp——Par
460
74
>
.1934
•
10
16
15%
73%
70
334
35%
5534
116
*110
15
6334 July 15
——
*
:.7l_77
25
600
777-. 600
7
2
.
144
Jun
78% Mar
2
2
Jan
15
3234 Aug 11
158% July 22
14
Jan
734 Jan
Aug 31
2
;
-■■
12.50
-—No par
preferred—;
Atch Topeka &c Santa Fe
5% preferred——.
Atlantic Coast Line RR
Atl G & W I SS Line®
10,200
7;•>'•:
"
80%
11034
*10934
55 7:;,
54
7934
8034
X8034
8434l:7
84
24%
.
54 34
53%
54%
115
4234 Jan
5%
■■'.\\y-i
'
54
5
1
—25
Assoc Investment Cq—
300
393% '
*106%
10834
6,600
9134
88 7
1 Jan
634 Jan
Dec
43
934
-
2
14
No par
Corp
preferred _—4
Associated .Dry Goods
6% 1st preferred
.7 c/i 2d preferred
7%
•
77
1234
*37
39
53%
7
17% July 15
Jun
Copper
Artloom
500
8%
*8534
.
>;200
10%
2
*33
■
14%
35%
1634 Jun
;
.
129% Jan
Feb
May
?
Nov
136%
9
.
Oct
9%
132% May ' v, 148% Nov
29
36% Oct
Apr
Apr
3
% Aug 31
2134 Jan
$6 conv prion preferred. —No par
.100
7% preferred ——
Armstrong Cofk Co—.—NO par
Arnold Constable Corpu"-'-
2,100
102
.'.
85
*106%
'
37%
1
Aug 18
12734 Jan
>
Jan
59%
6%
14
91
12
-
;Jan
35% May
2934 May 29
16
Dec 24
6
v
220
.
*8%
-
90
.;
7,
;
151
.
1,000
*934
:
800
12,200
*101 •
12% *•£••,. -12%
102
2
11
A P W Paper Co
100
34,")
:-,V",.j37%
9%
12%
37%
*107
10834
9%
5
3 5 94 Jan
45
8%
-20
Mining
„
5 7
1%
Inc.
—
7 34
Archer Daniels -Mldl'd—.—Na par
3
—5
Armour & Co of Illinois—
Andes
400
'
: :> 74 .7:/
84
7
5
<
$5 div preferred—
42
41%
77-7 74
,
■37%
*101
90
8T
37%
•
934
1234
*85
3734
*107
110
;.;7,
36%
102
1234
86
81
834
*100
1234
8934
90
8434
,•■
*834
;
80%
i7
77.
5%,
38%
934
8%
'
74
34
Anchor Hock Glass Corp:
:
161
Jan
165
Apr
24
17J/2 Jan
14
—
200
V
f
& Elec——No- par
970
234
;
1
_L0
—-
May
4734 Apr
28
1st preferred-—-No par
20
10%
4
32% Mar 23
43 V2 Jan
LOO
26 %
*2
18
Dec
22
...63/* Nov
.
4% Mar
52%
69% July 24
Dec
Jan
2634 Jan
Apr
9% May
8
8
,
LOO
—
Anaconda Wire & Cable,
116
>
,1934 Jan
>'>'11% Mar
12
'Jan
par
12%
>
23
Oct
15 34 Apr
36
£
1534 Apr
29
11% Jun
Jan
II
3% Apr
142% Jun
"173
•
$5 prior conv preferred
Anaconda Copper. Mining—
7,' 30,300
% Mar
45% Oct 29
1034 Jan
Feb
2634 Jan
2134 May
1634 July 14
Feb
„25
Amer Zinc Lead & Smelt—
100
;
:
Oct- 29
48 34 Oct
v
34 Jan
2334 Mar
119
Feb
434 May 10
36
12% Jan
,—100
class B.
Preferred
3,500
4,200
-
77; ■>
25
*934
4234
.
4% 7.
73%,
81
36%
102
12%
5 ,71
72
*75
10
834
1234
>
38%
*100
102
72 34
4%
73
4234
43
43
77
4%
73
No
American* Woolen——-—No
5,300
.
4%
*114
234
6%
6834
20
1034
."$6
•,>
46%
*25%
116
*114
934
:■
2434
2134
934
73
6
*44
26
25
*234
43
77/:'
24%
*20
116
*114
116
.•/
Apr
54
—No par
Co__—
Am Water Wks
22,900
634
Nov
May
par
preferred——
5%
88;
67%
434 ,7 ;:;-7 4%
2434.
2134
.
*83
7 46
2434
2534
*20
.
3,200
4,400
7%
4
par
Amer Type
9%
Dec
16
141% Oct
preferred i.7.—.—.
Foundries Inc.
American Viscose Corp—
'
Jan
12%
113%
Tobacco.^— _—25
>••>, Common,
119
634
-
650
4394
.
67
65%
46
2434
634/
■>: 5%
•
77 : 4
4 34
9
43
*117%
88
46
*44 7.
■
2434
24 7 8
:.V-':
534
6534
4
46.
7
4334
119
*83
534 7 534
'' 6534
.•>
434
;,6
..
140%
140
9 34
934
4334
*117%
88
25%
2434
116
663at
4
*44
4634
'
*113%
534
65%
534
6
*83
88
534
534
"
834
8%
%
6%.;
* >7
■
*83
6534
.
6
;
.
88,
*83
119.
.
42%
43%
*11734 119
43,%
43%
*117%
;7-
138
,
9%
*8%
.
43%
.*117% .119
138
1,700
5,500
10%
Apr
4
6
Jan
40% Nov
Jun
7
1
-
:
7
9%
1
10 34 Jun
Jan
Dec
534 Nov
v
15
27% Apr
154
25
■
May
6 34
;
:
7 125% Nov
11
144% Feb
Telep & Teleg CO—
American
57%
57%
^
Oct
35% Mar
v':
6
82% Sep
Apr
43a
27
15 % Jun
16% Jan
Amer
58.34
,57
57%
58%.
Oct
2%
Dec,;
2
37
Mar
'
Jan
56
Apr
134. Jan
25
Oct
334
36%' Oct
*36%
2
17% May
■
1894 Jan
600
1,000
v
33
Jun
4
"
8,100
i
I-
2834
15634.
Dec
Dec
29
American Sugar Refining.. i-—100
>
——100
Preferred
•—'
No par
Am Sumatra Tobacco'
2,300
; 7v:'
27%
•
156 34
57
t
11034
110
156%
:
27
*26
7!->
47
Dec
834
May 27
734 Feb
Dec;
42%
2% May
5
May
5
-
Dec
49%
32% Sep
.
66% Sep 20
9 34 May
6
A Jan
Steel Foundries
American Stove
300
32%
70
i
7% Nov
Jan
6
\
40% Jun 22
i■ '
£
25%
;
.
Nov
3
10% Jan
1
434 Apr
7% Feb
preferred.
non-cum
23
12'A Jan
—_———_
American Stores.:—
900
17 34
31%
56
.
1734
110
*108%
7c/o
Amer
7,800
•
16% Nov
£
Jan
1%
17
25
.—No
American Snuff
500
•
1594
34
58%
.
1534
.32
31%
26% "t
15534%
25 Vz
155
-1553a,
17
*17,.
31%
Araer
18%
16
July 14
36% Apr
'.'■9 8% Jan
Building Co—.
Smelting & Refg— —No
-Preferred
26
7834 Jun
Nov
68
*.100
conv
87% Jun
Jan
3% May
6
34 Jan
39
%
5
6
5 34 Jan
,
Apr
9
Jan
x26
preferred--^
IV-
25%
1534
*15%
*10834 110%'
26%
>,155
1534
41%
23
7
24%. -.25 34'
.
150
*146%
150
*146%
24%
*40%
40 34:-':
40%.
150
.
1534
*17 '
110
j
2534
26%
155%
7
15%
30%
3:
24
247/a.
17
■
<7
16
7> 17
24%
15%
148
Jan >.
100% Dec
May
.
494 Jan
:
—25
434%
420
Dec
22%
7.% Mar
,
4% Jun 10
37% Jan
:.
Co
American Rolling Mill—
900
'r
15
Oct
734
27
■
Jan
2
Light—.—No par
—No- par
-$6 preferred.—.;
—.
$5 preferred
—T_.
Am Rad & Stand San'y—. —Nq par
W..100
—..preferred ^ '.■■•
w-—
12,000
148%
148
4034
40%
*146%
■7
.24%
,
148
148
150
150
42
150
16
.
■'
150%
News
£
53 % Jan
Amer Power &
2,700
148
92
2
Dec
Dec
18
:
Dec
;
20% Jan
37%
36%
14
25
54% Dec
V128
Feb
35
>
par
Safety Razor-
37%
Jan
Jan;..;
Mar '
110
103
,
3% May
6
104% Jun
27
Mar
15
20%
May
May
69
11694 Jan
Seating C'O—
36%
30
1834 Feb
234 Jan
—-
American
3634
16
27
1134 May
734 Jan
American
36
Jan
105
Jan
'
30
:■
Amer Ship
36%,
Jan
7334
j
Jan
7
39
Ltd—wi-i
preferred——
American
19,500
;
33
7
2934 Dec
1
26
1534 Jan
Locomotive
1,000
.
2434 Apr
116% July 23
97% Jan
Oct
May
55% May
112% May 10
1334 Dec
7434 Dec
20
1
>
Dec
334
Apr
Apr
176
1
,4
*
,
Jan
130% Feb
Mar
'July 10
80
Feb
6% Jan
No per
1
—,—50
preferred--
conv.
6%
230
1334
13%
■
45 % Jun
Nov
19% Feb
preferred—-—.-100
1.000
26
134
5634
..
•
5
.
Apr
159
96
1
13%
13%
26
14
6
29
33
Apr
4
107
50
No
lea
26%
13%
26%
,
24% Jan
Oct
12
1334
13%
26
9 % May
6%
23
185 % July 29
:
Nov
120
■
Aug 18
9134 July 15
2
30
No par '
i_No par
No par
preferred--——
>77 7 2634
133a
263%.
:
36
.
42
.
.
20
Nov
7 59
34 Nov
8
.
Oct
49
46 34 Jan
$7
Amer Metals Co
|
.'•'•
134
Dec
9%
38%
43% July 14
334 Jan
7% 'preferred
i
Mach & Fdy C07--.
.—No par
Amer Mach & Metals
:
..
12 %
62
6134
13%
13%
133 a
26
13%
26%
7
.
4
2
71% Jan
Amer
26,000
934
166
*163
V:
62%
6134
1334
1334
14
14
■
30
Apr
3% Mar
Nov
2
American
10,000
.
58%
31
61
4
;s
6,100
47%
42%
~'12%TV •"1234
7. 1234'
•
62
6034
4634
Apr
5%' Jan
183'a Dec
'25%
6 % non-cum
17,300
4234
7- 9
*163.7 166
4-12— -1234-
•12%
60'/a
.
>
'
9
834
167
*163
12%
14
834
834
.:
2%:
25%
Nov
Jun
800
'
,7
4% Jan '
18% Jan
8
4 76% July
934 Apr
Jan
24
5
12734 Jan
168
Jun
5
Jan
2734 Jan
■
18%
Jan
1,600
234
27
13
Sep
3%
S .370
'
Jan
8% Jan '
47
34
-
16%
Amer Internat Corp—.
American Invest Co of 111
400
;
•
'
.
34%
34%
7V; 234.
42
8%
23%
•52
'
May 10
1,800
,
2
,
29% May 18
American
2,000
'
-
123
123
7
'-
34
33%
44%
61%
*149V4
' !*. -,,234
.:
23a
12%
150%
33%
41V4
6034
36%
23%
7123:34 123%
33%
7
8%
7,
23%
45%
*163
26%
8%:,7-
8%
*2234
124
124
33%
..,.12 3 a
*13%
8Va
23
2%
167
*13%
14%
-40%
•
8%
*163
16%
Jan
Jan
7034 Oct
..
10
5%
81%
14%
44%
41%
8%
16
81%
14%
2%
46%
41%
16%
81 ,;,/7/
14%
23
Mar
43 >
2
22,200
1534
8034.
1434 7
7
18%
Dec
11
29
86%Jun
8
;-
46
*45
?
*4577 46
j
31% Oct
>14
8
,
8,500
15%
8%
*2234
124
33%
2%
.
2334
123%
*6
20
Jan
1% Jan
j 100
7%
6 %
774
>
6%
80
7- 143a
14%
8%
*
23%
*123%
8 34
22%
14%
8
8
23 %
46
■.
■7 734: '
15%
15%
80
14%
*634
>
i
793 a
15%
80
*
734
6%
>
*45
46
*45
*61
62%
*62
'
13% Jan
6% Jan
>' 8%) conv preferred——
American Home Products-
700
.
134
22% Nov
J 200
434
Jan
2% July 22
No par
'0 1,300
'
*434
'
63
734-
75/a
*6
6V4
./:\ 6%
47
*61
•
7%
7%
6%
*6%
*45
61,
61
7%
7%
62
72
6674
6634
4% 7 4% ■•>
1,700
..
41
*40
66%
6634
7;
13
*67
,7 $6 preferred
American Hawaiian SS Co
10
American Hide & Leather———1
1,000
334
Jan
1934 Nov ,'
:
2
;
200
n
36%
334
41
*3934
.
\
14%'Apr
2334 Sep 21
134 Jan
■•'••;■ $7 2d preferred A—
15,700
63
63
334
!
634 "Nov
81
3034
Apr
29
2,400
17%
4%
■
—:
72
16%
7
67%
4%
40
*39%
i
72 %
35%
3574
35%
15,200
63
'
62
3%
5%
'
July
-
42 % Dec
Amer-European Secs_,
1,100
5.
7
■
16
-
*58
35%
47,4>•.
25%
22
American Export Lines Inc
—1
Amer & Foreign. Power——No par
77 200
25
64
% Jan
20
20
1
''7;'Stamped-4-:———4
American .' Encaustic; Thing—:
2,000
834
*7V4
=
2
Dec
■7
10
-
Co_—
I per share
Apr
-
43% July.10
173a Jan
Ist'-preferred——..100
•4,600
7034
1634
64
*59
64
*62
4% ',"• 7/ 4.34
434
4%;
73
'
..
734 7
25%
*24%
AmDistilling
4
"
10
American Colortype Co
American. Crystal Sugar
234
234
234 >.. .'
..*734
25
24%
25%
,7
3194
50%
50%
234
7%.
7%
8
n7
*25
25%
4%
118
97'
Highest
I per share
1634 Sep 18
2
7
3,800
102
113
.
I per share:
■
•
7
7 50
9,400
14%
14 34
-
*101
-
590
400
10
10
1434
20
7150
'26%
2634
102
44
2% %
2%
2%
.
'
9
*7%
,:•%
112
111
116
111
2394
;900
2,100
>
1034
"
■
*25
*9%
7 :7 5,500
6834
; ?
28%
*27
3534
34
*109 vV 111
112
1334
*10Q%. 101%
109%
106
10%
.
390
2334
23%
111%
v
109%
29%
10%
29%
6834
V
34%
.
111
►109
2,900
173
68
23%
,
12,700
•
•
*171
68%
,
% 111
*109
1U 7/
108%
109%
29%
67
23%
233a
23%
:
*109
110
8%
83 34
8 34
172%
3534
33%
700
131
130 %
8%
172%
34
67
67
67
67%
67%
110
172
333a
34%
34
34%
34
1,600
40
*39
83%
83
80
8 34
8
■
131
8%
8334 %
83 %
171%
171%
131
734
83
84
83%
*131 ".v.. 132
3,000
2,800
61
61
3834
38
8%
7%
'
37
37
132
132
132%
*132
8 %
*7%
7%
7%
8
38%
38%
39
61
18%
60
,1734
v:'
61
*60%
61
*60%
61
8
8
8
.
28%
'"
6»/4 Jan
733/4 Jan
2634 Jan
Amer Agricultural
900
Year 1942
Lowest
Highest
t per share
;
Amerada* Petroleum Corp___No par
Chemical_No par
American Airlines Inc.—
Hi
American Bank "Note
10
6% preferred—2™
,_50
American Bosch Corp
—
I
Am Brake Shoe Co——No par
':,75%
conv preferred--:——10Q
Amer Cable & Radio Corp
1
American Can
—
25
''Preferred —————.-100
American'Car & FdyNa par
' 7% non-cum preferred—
10O
Am Chain . & Cable Inc^:
No par
5<7o ; conv preferred—100
American ChicleJ————No par
Am- Coal Co of Allegh Co N J—L-25
1,100
8334
30
17%
16%
38%
*8234
• ,■
Lowest.
preferred—,..—7—--—100
8%
100
*29 34
Range for Previous
Range Since January 1
.
Allis-Chalmers Mfgj
—No par
Alpha Portland Cem~
--No par
Amalgam Leather Co Inc.
71
6 % conv preferred—
—50
1,400
83 34
29
28 %
,
'•"*60
61
234
29%
83%
83
61
28
28%
*28%
234
29%
*27%
28%
*2734
2
2
2%
*2
*234
*28%
,
18%
18 y4
'
'7-;:,, Par
Allied Stores Corp-:./——4--.Na par
',.•''
■:.\:.
96 %
•
,
EXCHANGE;;-, :>.7l;',,7.
;-v
Shares
t per share
$ per share
share
$ per
share
Dec. 31
NEW YORK STOCK
Sales for
Dec. 3(4
Dec. 29
,
Friday
Thursday
Wednesday
Tuesday
Dec. 27
Saturday
' "7 :
STOCKS
LOW AND HIGH SALE PRICES
24
xllO
3334 July 13
Aug 28
114
23%
Jun
64
Apr
30
Feb
110% Jan
1
2034 Mar 16
6% May
934
Dec
934 May
1734
Nov
6
28% May
39%
Jan
11% July
39;% Apr
>
I*
Volume "^159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
•
NEW YORK STOCK
S
per share
%$
per share
: 16%
$ per
-
17
17
17%
share
per
17
,
35%
34%
34%
xl5%
15%""
15
%
15%
55%
56
55%
56%
■7%
.
,16
16
"15 %
:
*91
39
16% -7
16
7%
15%
*15%
15. ./'
14%
13%
44 %
/. 441%
*89
89
89
45%
46%
13% r;i4%
45
92
*45%
46%
46
34%
34%
29%
28% < 29%
33%
7,'
34%
34'/4
34%
33'%
> 2%
3
*37'/a
38
37%
12%
121/4
12%
*,'43 %
•43%
9
8%
/
;,r2c%:
37%
*38%
38%
7.: 38%
41%
*
"41%
41%'
v
26%
%
.y)K iff
1%
14%
,
*38%
39
8 '
*116 I•'
•
77'i/'
15
39
39
5% 77
*
97'
39
5%
V
5%
97
>96%
47%
7 47
T'
,/6
6'/a
*95%' 100
;
47%
9,800
7
360
930
•'.
Dec
Jun
July 29
72
May
July 15
30%
13 %
15
Oct
1
39
July 14
2% Jan
9
28 % Jan 16
ll'ANov '8
20
Jan
7
8 % Nov
8
20% Jan
4
7:
\
No par
No par
Co
No
7%
preferred
/ Budd (E G) Mfg
7r/o preferred
7, $5 preferred
,
par
L-.——5
100
2^-Nopar,
100
No par
—
'
—
,
75
Dec
2l'/a
Jan
43
Dec
95%, Feb
s
17%
Jan
223/i
Dec
Jan
1%
22
14% Nov
Jan
May
19%
3
38 % Dec
40%
18% Mar
6 Va Apr.
Jun
;
.
28%. Dec
1
45
25
44
May
7% Jun
5
7
26
Jan
30
21
Oct
; 31% Nov
20% Sep
,
;/'/•'. 9%
Nov
21%
Nov
'?/' 35Va
Nov
15% Jan
•
July 14
44 % May
3%
,
Mar
xl5
Nov, 12
12% Apr
30 Va Jun
33
Jan 16
37 Vz Jan
7
-fa Jan 13
* % Oct 27
9i,'eJan
2;
29% Jan
8
13
Jan
4
16% Jap
7"
104% Jan 12
3
Jan
2
76y4Jan 8
43
Nov 30
"
,
Apr
Dec
RR
14% Jan
12
Jan
,
May
30 4
263e Jan 13
Maine
Jan
;•/"!
Apr
25
35.
Corp—
Jan
6
8
2.
Jan
Deo
738
Sep
/ 58
July
July 24
21% Mar 30 "'•/■ 13% May
17
22% Jan
Jan
19%
8
21
56'A May
Jan
29
100
9
Dec
121
11% Jun
51
1
8%
66%
.
July
5
17
19% July 14
19
'.;•";
18% Apr
14% Apr
6
11% Jun
share
15% Nov
54
Sep
24% Jan
.
Dec
105
24
19% Mar
Apr
8 %
49'a May
9
Bruns-Balke-Collender
""
40
5
//''
17%
3
28
6
121% July 20
11% Nov 29
41% Jan 13
15
BuCyrus-Erie
77,
48
47%
,,
Jun
2
;
1,300
50
July
17
69% Apr;
Nov
(The)..:
5,400
7/-
38
38'% Jan
Brown Shoe Co
100
9Ta May
$ per
46% Mar
85
Brooklyn Union Gas.
2,500
7/
8% ;/ 8%
*116% 118
116%
■:6 ;/:■
.96 %
5,200
23,100
17%
.17
/ 8%
116%
47
•'/.
17
"
.
.8%
97
47%
47%
1
•
Nov
96 %
BrJggs & Stratton
No par
Bristol-Myers Co
—_—,,—^5
.tBrooklyn & Queens Tr
No par
$Bklyn-Manh Transit
4
No par
50Q
.
7
15V4
17
116%.;;;
5%
5%
£97
800
/
41
.
•,7 Vff
1
~
x
*40%'
%
8%
116%
116%
100
8,100
*38; v7 40
%
*38%
8
300
y;
57
(assented) .100
Bower Roller Bearing Co
5
Braniff Airways Inc
'..2,50
Brewing Corp. of America
15
Bridgeport Brass Co/,
No par
Briggs' Manufacturing—
No par
6,100
28
Jan
20
27
17% Sep
17
23
7
5
30
4
8
4
2
5
26
-~„No par
A,
Stores Inc
Boston &
3,600
,v
Mar
Feb,
Jan.
Jan
Nov
Jan
Jan
Jan
Jan
Jan
Jan
Highest
I per share
.—No par
Borg-Warner
800
•
8%
8%
/ 27%
Bond
76
5
5
Ami Co class
/ Borden: Co
5,800
:;:
r'7
14%-; •;i5%
16%
16%
■
7,,7
•
/
1
39
16% "16%
"'8%
39
7
12% ,12%
*42 "7 X 43 •
41%.
,%
15
/;
3%.
:
*37%
.
8%
//,
'
.39
38%
1
14%
35
27% A
,
.
*40%
.77
%
■
3,900
Co
& Brass
';, class B—,(
.r
1,200
29
3%
12%
8%
41%
•
39
27 V
38%
'.
•11
ni
A
33%
'
*40%/ 43
■
/
.
%
15
*38%
8%
27
41
*'A
' 7 3
12%
'
-
43%.
*42
..
34 -7 ;
-
:
Bon
/180
34%
•
Airplane
Boeing
Bohn Aluminum
20
29 "
33%
34%,
*36%
37%
12 %
26%
7.
3
3
*2"%
•8%
7 46
46 ■■••/■■;'
21,200
7% 1,200
45 < /
*90
92 7,::'
*89%
92
33%
29'
;
34%
29
28%
30
14%
45
,
340
43%
110 !A
273,a
16
6 Va
13%
9%
100
No par
„_No par
Blaw-Knox Co
No par
Bliss & Laughlin Inc
5
Bloomingdale Brothers
No par
Blumenthal & Co preferred
100
6,300
95
*91
95
54
No par
Blgelow-Sanf Carp Inc
Black & Decker Mfg Co
100
13%
'
X 34 %
7/
,7
1
tDel)
preferred
7%
2,100
2,500
7%
^
—
j/'1,300
43%
44% / :t
Best Foods
Bethlehem Steel
13%
.543,4
223A
8%
Year 1942
Lowest
f/per share
S per share
No par
Best &
13: / ri4%
14%
-
*91
.795 ■ //:
14%
*91
95
:.l3'/2
>'43 %
.14%
15
Co
1,000
Z
.
-Par
•;-„_
6,500
*15% :; 16
16 :■/
:■•■<■■■
/
Beneficial .Indus Loan
No par
Pr pfd $2.50 dlv series '38_No par
16,100
:
17
7%
.
J'',Y
...
/
39%
17 /
7%
7%
'.*15%,
/
38%
7
EXCHANGE
,
2,400
,.■•
114%
16%
i:';
7.%.
15%
:
38
16
157 y8
114
••>;
.
39%
.:•■"
7%
.
116
.
;
56%
16
•16%
16
•
116
'.-15%
v
37%
40
38%
,
115%
115%
115%
55% '
115%
57
35%
35%
*34%
16%"'
/
Range for Previous*
Range Since Jannary 1
Lowest
Highest
NEW\YORK STOCK
i
Shares
17%
*55
34%
16
551.8
share
16%"
'
57
34%
/
the Week
$ per
'
r
17%
:
*55
'
.57
*55
57
->55
$
share
■
Sales for
Dec. 31
Dec..30
Dec. 29
Dec. 28
Friday
Thursday
Wednesday
Tuesday
Dec. 27
Dec. 25
$ per share
STOCKS
PRICES
SALE
LOW; AND HIGH
Monday
Saturday
RECORD
Apr
43
Jan
"
Mar
2
1 Va Mar
1
1
5
7
18% Jun,
42 %
Apr
Apr
28% July
9% Apr
July 23
201/4 July 10
10'A May
%
Apr
6
6
35
;
/
I
.
Jan
14%
„
Dec
2V4 Apr
47% Jun
116% May 10
10% NOV
;
X103 % Mar
118% July 27
9% May 10
Jan
1%. Jan
.
Oct
8%, Jan
112%
Jan
3%
Dec
85%
Dec
7%
Oct
54'A Aug 17
'
'
7%
16%
16%
17'/a
17'/a
33%
32
"'16%
'17
'.-
;33
"
7%
16%
/ 7% /. 7%
28%
*106%
109 7
% 12%
3%
»3%
*106%
109
12
12%
' '3 % '<
,
29
3%
*
106%j 109
c!
121/8 r.12%
0 y.l2y8.:
3%
.
i; 291/4
29
7
•3%
/ Budd ;Wheel„
53A
1
11'A Sep
15% Mar
16 %
25
May
19% May
14% May
5
35% July 19
31% Jun* 7
54 //
.
52
8%
8% •;;
28 /'
28%
.*28
>
.53%i 54,
42 X*. 43
7
7
4i%:
8% V 9
/;
\
28"
;
40
•7
:
;
*52% .'■54/Z
52 7 /
40 '■/:''
38%
8%
••8%
•
V
38%
38
V
7
i" -
153A Jun
.
~6%
7
6% May
28%
*27 %'
*27%
28'%
'
Z/3
•
'3 7;
3v
/
12%
67%
67% V:
19'%
68 7r
"21
3 /■•,.
"12%
13%
*
MVh
•
"••'
3
-
-:.:13."
119%'>
21%
13 '/a
767 %
;
3
V":-37%
■
20 %
t
67%
12%
-
••
v77 3y4.
"/13'T'Zl3%
67
'i
20%
20%
A
68
20%
7
75
,
9 7:
9
Oct
263/4
Nov
20%
Dec
109% Oct 26
3
40
Oct 16
18
May
£9
7
83 Va Apr
Sep
19% Feb
1
5 % Apr
-18% July
Jan
4%
10% July 15
29% Nov
6
2 Va
Apr
8% Mar
2
"9%
Oct..
3 Vs. Feb
44
; Nov
241/2
6%
Oct
Feb
21% July
3% Jan
10%
Nov
69 V.
Deo
95
Jan
10
25% May 20
>
Jan
2% Jan
Sep
4
'
:53
Sep
18% July 16
29% Apr.
600
5,100
.
3%
:3%7
:
3,400
.
K
7.17%. 18%
;: 32% v-32%
32%
28%
*106% BL09;f';;,:
-
121/4'
-11%
28';/:/
10% Apr
:
j.
No par ,6% Nov 30
Buffalo Forge Co—
;
—1
14'A Jan
5
/ Bullard Co_^
/.
No par /.
16
Nov
8
1,000
Bulova 'Watch./—
—.4—No par ,v 24% Jan
6
/
2,700
Burlington Mills Corp
-1
20 V2 Jan 2
///AS-/-//
5% preferred
-100 ,7 105
May 1
//./ 4,500 7 Burroughs Adding Mach
No par
9!/4 Jan 4
3,100 7: Bush
Terminal
:
1
23A Jan 4
.HQ
6% preferred
—100
41
Jan
6
660
Bush Term Bldg 7% preferred—100 ;
21% Jan 6
1,500
Butler Bros—
10
5V4 Jan 6
200 V
5% conv preferred
30
20% Jan 2
/
700
Butte Copper & Zinc
1—5
2% Jan 2
1,700
; Byers Co (AM)——————No par--';9Va Jan
5
"•
540
v:
Participating preferred
—100 /
65% Nov 19
1,200
Byron Jackson Co
No par
16
Jan 9
/%
7%7 7%.
*16%: 171/4
17%
*32
32%;/
>
28
•28%
•■'
'7%
V>y
17% ■hi 7%
17%
7
.7%
*17
Jan
17
Deo
•
%
~hrrv.,,
'0
\
:
-
•
r
//.//:/Z
.,'n
T-v."
\<j
•.■
•/
i»
•
^
.
24%
*53% '55
:v u
•;
V
•
'V24 ;■/"
•
.
,
24%
*33-%
24%
'J.
'lih
>
V
55%
23%
*
233/4
f
23%
.
/
24%
55 - ' •//:
55%/-/ *53%"
*53%
24%:
243A
*53%
.
California
4,400
Packing
preferred
5%
55-
22% Jan
No par
50
—
16% Jan
22%
Deo
Mar 27
50 3/4
Apr
53%
Nov
1
7
%
Jun
1%
Jan
5%
Jun
7%
Nov
19% Apr
7
11%
Jan
163/4
Nov
27% Dec
16
9Va
Apr
15%
Deo
Mar 31
27%
Deo
33
Aug
3%
Jan
30% July 13
7
56
,-52% Jun 24
1 %
■
'mX,
%
fi
:Z//
13
/'
;■/ "25
,,6'a
15%
:
25%
•
44
6 »4
•15%
63/a
.Zv//T5%:
V
15V4
6'/a
25 Va
/Z /•
33
33
v-
'
/: % ://: 34
'■*"
I4I,\>V V
6%.
', r / 6Va
,!i5%';
15
25
/
r
•
6%
153,4."
15V4
/ ■
24 %
24%
25
24%
:
/r':r-
3,700
6%
,
153/4"
.
1
/
15%
25 '/a
:
:
25%
Callahan
8,000
1,400-
11
;
6%V"'
'
Calumet
'A-./; '
35
*32%
-/ V
•
-
-;V;
"
43
7./Z
44
;-vv,//;/*
'
±•./•'"*••
27
'M-X
7
44
.
'
4
4
8!
r
YfXX-'X
■
■
96%
"
28%
3%
a
/
43
-
43
X:X9(iX
fx *27%
/-;3% n 4 :•//' ///;•■
*423/4
"
'••;
/• 36%
38%
36%
38%
X
37%
300
/':-•/
42%-'•J2%
■■
80
'4% '
4
147 •/:/
45%
44%
45
*143
36
36%
373/4
-
103i/2
103y2
*124
125
112
112
(
112
7.112
11%
11%
17
17
'
17
36
8,100
112%
UVo
.
17
,
20%
20%
20'/a
20%
20 y8
2%
2%
J2*\a
2%
23'a
M"07.%
.
*107%
8%
*8%
23%
7/ -•7/^6%
7
6%
112
7*106
.^35.%
•:
5
60
v7
60
59%
4%
J21%
21%
21%
22
77.7 26%
44%
5%
7
'
4%
4%
17%
■
.77,11%
•;. Vv4%
*37
39
*12%
13% 7
*151%
15
37%
*371%
48%
*47 7
/
150
4,900
7
30O
■
5
Preferred
•
Certain-teed
2,700
59% •59%.
6% prior
1,330
28
.
•;
g
$1
7
Cr-J.
"■ .7""';.*73
•t
-
>7
4% v;
•■/
4%
7
*12%
<••
15%.
7
38
/:
48 3%
*47
13%
*i5'/a
165/s
•
7
•
i
>•
/:.*114
-i
-
131/2'
15% / 151/4
l'/a
7
//' 1%
''
25%
80'A
81%
81
14 5/8
14%
*103%
61
61
6%
35%
35%
150
104
1031/a
6
1,500.
48%
300
.
2,400
130
82
1,800
103%
62%
6%
1,300
*353/8
35%
300
90
35
*140
150
*71
35
35
75
*141
-
v
—
75
•-
114
*41%
1
r
114
—-
150
*72---
75
*
115%
114%
42%
403/a
41 ,'t
150
*141
'
108%
*107%
•rv/i/ '.
*91'% "93
•
*92
92%
*92
92%
*53
54%
*52
54
V;, 34%
33%
34%
35
148
*144
■v
113%
.
.*144
' i
113%
34
33%
34% v-ii'X:
34%
35
351/4
34%
*144
113%
63
61
62
24
23%
23%
*105
105
90907/i
—
(U/f/.'
34%s:,35'%
34%
24
105
55
53 7:
33 y4
34%
148
112
*53
53
34%
*62
7"
*92
15Q
600
'
V
7.
34% .'-35'7-, "/
;irli iV
.
Z- 20-
->47W773%,/ 73%/
115% •O .A 116 - .1161/4
7.41
.42'/a iA'41
109.-" ■o?.'.,*1071%rl09: •
7*92/;r- S3%
93% iicr.
*40Va
107%
r
148
112
23
,
*143 7
148',
1131/4
112
y4
1051/4
1041/4
25%
25%
'
V
113%
62
*60
5IS'-/.,*S3': .Hi/58
62
62
24
23%
24
105
.
<,
105
105%
26
26%
148
112%' J14
62%
63%
24
253/4
35%
*143
/:
.••
24%
•
*105
10
'
/
5,400
7/
2,500
-7
>
-
7*111
25%
114"
7;
*15%
16%
*11%
*111
•
:
15%
114
7
15%
*111
*111,
114
Preferred i
—
2,000
■'
15%
153/4
11%
12
■*
*153/4
*111
.
13%:
16
For
t
footnotes
i
'*11%
12
12
12%
>
*i2y8
12%
•12%
123/g
121/4
i2y4
12
12
11%
11%
*11%
25%
•
12
25%
25%
*25%
see
page
Class
180
1,200
121/4
121/4
24%
25%
23%
25
24%
26
251/4
*24%
253/8
24%
253/4
■
16
11% '
.,25%
:
23.
12
12%
,
1
123/4
12%
*13
12%/ 12%
26%
.
—
1,400
270
370
330
263A
5,100
26% 1 26%
800
;
—
-
84
29% May
-1% Feb
371/2
32
•■
38%
Dec
89
Jan
Apr
77
Apr
22% July
2 % May
Feb
43/4 Nov
28% Nov
3% NOV
20
22
117
Jan
30
42%
Dec
,
Dec
130
Deo
25
15
Apr
Apr
29%
Dec
July 22
128% Sep 14
82
Apr
97%
Deo
110
Apr
120%
Jan
120% Sep
27
77
Apr
97%
Dec
14% Apr
5
Aug
8%
Deo
40% Jun
108
6%
21
July 16
23% Jun
7
.
3% Mar 12
111-
Aug 27
18% Jun
25
5
30
Dec
8'A Nov
115
1
Sep 21
18
Apr
1 %
80
May
Mar
1%
11
Jan
Jun
2% Apr
82
v
July
23%
Jan
2 3/8
Nov
110
Jan
3%
18
Oct
Jan
33/4
104
Nov
Deo
Jan
35"
Oct
4
1% Apr
3%
Nov
72% Oct 29
23% Jan
32%
Deo
19
Jan
18%
Oct
41
Apr
7% Jun
8
30
7
2
4
10
13
30
17
2
4
22
, 7'v
Jan 23
A—
No par
No
par
Collins & Alkrnan—
.
No par
preferred—-—.-100
Colo Fuel & Iron Corp
No par
fColorado & Southern
100
4% hon-cum 1st preferred_i-10O
4% non-cum 2nd preferred—100
Columbia Br'd Sys Inc cl A—^2.50
CJass B
i
2.50
■
5%
conv
6;
19% Apr
24
July
109 '
8
13
Dec
"
' July 22
34
50'
27
-'
July 23
5% Apr
27% Apr
17 Va May 13
2 3/4
Jun
100% Nov
9%
Oct
303/4
Jan
23/4
Deo
83/4
Nov
l3/a Jun
23/4
217/a Jun
8%; Jun
133/4
Sep
167/a Dec 31
4Va
Jan
7Va
Nov
Aug
Apr
17 %
Jan
393/4
July
8% Jan
52
Jan
11%
Nov
133/4
Feb
7% May 12
2
23 *'
Apr
-
0
12
41% May 20
33
54
<
47
May 27;
15% Apr 30
18
Jun
3% May
32% Apr
10
11 Va
Jun
4
1
Dec
2
6
20
May
25
85% July15
43% Jan
9
Sep -27
92
May
09
63% Dec 30
32
Oct
34
81/2 Jun
25
39 % July
Dec
7
11
74% Jun
7
145
.
'A
70%
153/4 Aug 18
106
116% Aug 10
42% Dec 27
29
108% Dec
29
54
Sep 13
48 % Mar 30
.40
July 20
92 % Sep
21
Sep
Jan 4
Dec 28
16% Jan 11
xl031/2 Dec
6
17'/a Jan 4
108
Jan 7
13 3A Nov
8
2% Jan 2
3% Jan 2
3
Jan 2
15% Jan 6
15 % Jan 2
123
July 14
88
61
Apr
Apr
153
•.
Sep
143A Jun
%
May 13
142
15%
93
Va May 11
9
7
50
Feb 6
33% Nov 18
33% Jan 12
;-10Q
Colgate-Palmolive-Peet——NO par
$4.25 preferred——
No par
3,400
27
'114
1
Coca-Cola Co. (The)—
380
>
106
263/4 '
" 114
12%
■
7% Nov
54% July 19
4
-
'
26
25%
24% Jan
67% Jan
10 V* Jan
96% Jan
27' Feb
23/4 Jan
32% Nov
123
Mar
67
Feb
109% Jan
28% Jan
101% Jan
Copper- Co
Chrysler Corp
City Ice & Fuel
6%% preferred
750
6%
13% Jan
1
Dec
——25
5
—No par
100
City Investing Co
100
City Stores—
i
5
Clark Equipment. Z
-No par
C. C. C. & St. Louis Ry. Co.—100
5% preferred
-—-i-100
Clev El Ilium $4.50 pfd——No par
Clev Graph Bronze Co (The)
1
5% preferred—
——100
Clev & Pitts RR Co 7%. gtd——50
•
Special gtd 4% stock—-——50
Climax Molybdenum—No par
Cluett Peabody & Co
-No par
Chile
8,200
15
■
2
7
Jan 6
Jan 4
Jan 4
Jan 6
Nov 24
Dec 22
11% Jan 12
——
*
107%
.
6
39% Dec
147
2Va
10%
6
15'A
36%
48
5%
1,600
290
62%
65/a
A
preferred
—
50
Chicago 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
Chlckasha Cotton Oil——
-10
fChilds Co—
No par
103%
631/4
*6'A
y2
103%
621/4
62
6%
*343/4
Class
-
2% Jan
7% Jan
No par
—40
East 111 RR Co
Chicago Great West RR Co——-50
1%
143/4
103%
6s
18
Jan
99% Jan
100
—5
—25
1,300
25 ■%
*24%
6%
6,700
163/4
!
7
14%
*106
42%
5% Apr
8
5
8
8% Jan 13
33% Jan 2
2,500.
38% 738%/
803/v
26
106
-106
-
__
31
97% Dec
16% Nov 29
177/a
.
*14% /15 %
1%
lyt.
Chic
*12% >713%.
*123/8
'
75
32'% Jan
/
No par
\
6% preferred——..
Checker Cab Mfg.r/
i
Chesapeake & Ohio Ry_
5,700
6%
16% / 16%
16%
14%
114
1141%
'•41%
'
—100
6
31% May 29
Nov 30
No par
—
4%
-#47
,
i
60
12%
41/2
17%
16%/J
16%
38
.7-
'
i
1
preferred—
1,100- ;
9,800
/
45
/'
5%
80y4
.*70
—No par
Champion Pap & Fib Co
2,400.
28
11%
Z
18
16%
.
•/
14%
*140
75 '- '—
100
——4.
Copper-
Products—.1
Chain Belt Co——
200
108'A'
■
44%
6
'
23%
,
i'V 108
263/4
18
-
'23
44%
17.1/2
483A
15%
1 Ya
*17 "
.
13
No par
-
-
-
Cerro de Pasco
73,500
■'•
100
Century Ribbon Mills
112
36% Z 36%
.".••43/4
81
c
35%
JCent RR of New Jersey
Central Vloleta Sugar Co
*106
80%
;
'
130
25
CO
"
•
No par
Central
1,400
Z
*6 3/8
/
-
9 3A
25
25
•
—
108 V2
9%
*24%
,'/
6%
*140
/.:•.
7 39
13%
=7
•103%
60%
% *34%
Foundry Co
——I
Central 111 Lt 4%% preferred—100
26
7 7'
104
6%
Central Aguirre Assoc-
*24%
14%
20
3,700
v
'
14%
81%.,
14%
60
'
:;-7' ■
113A •'11% '
173/4
161/4
1%?
80%
103%
4%
,.
53%
.11%
4%
.'.16%
.
preferred
1,600
.
108
7.
43%
5%d
173/4
.'•
108
44%
16%
k*15 '/a
25%
5%
2%
7
223A
253A
161%
1%
,25%
11V4
4%
18
*12%
y2
r'E 11/4
/:
5%
11%
7
:;
16%
:
—-No par
Celotex Corp
20'/a
173/4
25%
16%
48%
100
2d preferred
2%
59%
22%
.
16%
7/16%
/ 37%
.
.
43/4-.:-
*17
-
*47
16'A
'.*47
5%
17%
16%.
16%
77,16%
43
109
25
44%'
43%
.17%
*108
26%
->5%
121/8
; 11%
7%
100
1
40
21
9% Apr
46% July 22
3'/a Jan
8
32'% Dec 16
26% Jan 7
95 y2 Jan 26
119
Jan 4
96 Va Feb
1
8% Jan 2
16 % Nov 26
16% Jan 12
4
i% Jan 2
97% Jan
4
Xr 3
Jan 12
13
Jan
2
y.
3
Jan 7
98
Mar 19
x33
Jan 14
/
3
Jan
2
7
47% July
2
127'A Jan 21
—No par
JVo par
preferred
100
7 % prior preferred
/ 7
//
300
•"'.•'
:v
36'A
58%
series prior
38
11% May
25
X85
Jan
7
25% Jan 8
.25
—
7:
.'••■•
■■
*108-;; 109
5%
5%
30
13
23
9
21
100
Co new---—
Celanese Corp of Amer-
11,700
-7/
6%
43/4
17%
27
25
-
35%
59%
17%
100
17%
*108
91/8
*106/7 112
43/4
'
IO81/2
81/4'
/
35%:
57%
•
114
,11% "11%
2%
1081/2
U,
112
-
17%
44%
7:
v
35%
59%
108 ;
.r.:;: 27
7
*106
r
40
I)
,17%
19%
.
20.
23%
*6%
21%
21%
108
X193A
'22%
*17
•
:.7/'
9%
124 : V
7 114
/7":
17.
22%
4%
4%;
-
1031/2
(J
J: Caterpillar Tractor
20
J
par
Administration
Preferred
■
108%
17%
*17
4
36
2%
"vi;Case
3,300
.•7124
/;• •Hi/4
63/4 v; 6%
112
*106
36%/
36
•;; 4%
20 Va
=•■
22%
23%
*6%
7.
107%
8%
7'' X 23%
9'%
23%
■
11
2,500
361/2
No
xl3% Nov
13% Jan
29 V2 Jan
6% Feb
36y4Jan
4J/2Jan
40
Jan
•
$3 preferred A
r
.17
..
46 %
103'/2
*113 A' 114
11'A
17
v
•
.
/
120
36 %
125
112
/■:.//
46%
104
*124
7
1,300
38%
148
*145%
46%
36
*103
7/7
*107%
/'
36
1031/a
77,;
7
46
>124% .124'/a
11%
17
'/
711%
■'•:••
•'-/* 143/"/ 148
45%
35%
*103
125
^*123%
148
44%
45
..
v
36%
*102
,,
145
103'%
36%
•
145
:
.*■
200
/
4 Va
4Va
373/4
470
'/i
'
147
*
No par
5
—100
25
class A__l
-.—10
^Carolina'* Clinch & Ohio Ry
,100
Carpenter Steel Co—5
Carriers & General Corp
1
Capital
400
;.///
;.'97aiv >971/2
//28%- 28%
97-'
363/4
.
"'"'fVa
'■
X"
:
•38 Va
431/2
*7 Va
12,400
"
•
96 V4
*28
4
8%
*42%
7'/4 %/:
44/ •//''-
•
28%/'-"
'
8%
:
..iZ/'-'/eb
35
*33V4
43%
1
*7
96
3%
8%
">•//- *423/4
■
k
35
*331%
/
YXX 43 ■•/■.;; 43
,*6% :/ 7%
:
44
043
35
*331/4
8%
95%:, •///• 95%:
28%
■/.; 28%*
951/2
j*:.
:w-
*43*
;
•-/;
'
:v.\ •
■
,8%
•
Zlz
7 'V
*43/;
V/
---
r
8%Z
8%
43
z
[ Lr.
■
■
Copper—_5
Cons
Campbell W & C Fdy
Canada Dry Ginger Ale
1
Canada Southern Ry Co
Canadian Pacific Ry
Cannon* Mills——
-
4,100
■
"
Hecla
% Jan
2
/>7 6% Dec 15
1
Zinc-Lead
&
.Mar
91/4 Apr
Jan
2%
Mar
28
Jun
120
Dec
67% Apr
107% Jun22
May
953,4 May
77% May
47
May
32 % Apr
25%
Apr
Jan
Jan
Feb
Jan
Dec
10 3% Aug
3
393/a
Aug
Apr
Jun
Nov
125
Dec
72
Mar
112% Nov
31%
102
Deo
Dec
84% Mar
50
Jan
.44
Jan
36 Va
Jan
Jan
149
Nov
56Va Mar
92
NOV
139
68% Oct
18
63%
Jan
Dec
8
11% Mar
17%
Nov
109% July 17
97% Apr
107 Va
25
28% July 15
6
114% Oct
19% July 14
19
55 V2
10% May
96
173/4 Sep
25
263/4 Dec
31
26% Dec 31
May
18 3/4
108
Deo
Oct
Deo
13% May
18Va
% Apr
4%
May
% July
5%
Sep
5
Sep
Apr
16%
Deo
8% Apr
103%
Tkt
Sep 25
19% Sep 25
Jan
1
8%
Jan
Sep
FINANCIAL CHRONICLE
THE COMMERCIAL &
Monday, January 3, 1944
STOCKS
LOW AND
HIGH
Monday
Dec. 25
Dec. 28
Y
Dec. 39
S
ver
$ per
share
*69%
70%
70
70
89
89
16%
16%
16%
39%
39%
40%
40%
37%
37%
37%
37%
111%.
42
42%
14%
*106%
44,100
76 Vi
1,200
70%
80
5%
89%
88
88
89 Va
88
17
17
17%
16%
*39%
40%
37%
37%
377/a
33
*106%
111%
.7
40%
37%
111%.
*106%
41%
41%
41%
14Vi
14'/a
%
\k
%
80
80%
81
80
80%
24%
24%
24
24%
24%
24%
9%
9%
*8%
9%
21%
21%
*22
3V2
■
7
26%
2%
11%
18%
12%
18%
17%
16%
17
18%
18%
18%
4,600
12%
12%
12%
12%
1,200
Consol RR of
2,700
Consolidation Coal Co
46%
47%
102 %
102 %
102%
19%
19%
19%
19%
*106%
107%
33%
33%
107%
*10%
11%
*45%
46 %
46%
46%
.
31
:
30%
31
23 Va
23 Va
23%
23%
10%
10%
10%
11
5%
10Q
$4.50 pfd—-No
Pow
7 49%
49%
15%
15%
par
45%
44%
55 Vi
43/4
4%
4%
.
-100
preferred—
8%
V
18%
106
106
20%
V
20%
16%
7
16%
17%;
27%
-
15% 7
16
16%
16
98%
98%
7*98
27%
28 7
*45%
15%
15%
.98 Vi
*98%
'28%
27%
28%
68
68%
M
68 Va
99
21
12%
12%
•712
118%
I-* O O
*114
118%
106
*114
*103
23
*23
24
*101
22%
23
105
5%
7
••..
5%
5%
42%
5%
42 7
57/a
16%
,
5%
16%
*110
21%
21%
5f%
5%
*110
,
5%
•
:.
167/8
Nov
-
94
Jan
% Nov
Apr
Jan
3
3% July
4% Jan
8 Vi
Jan
9
Nov
•
9
/•
82
Jan
-
,
Oct
96 Vi
May
11% July
2'A Apr
77
Jan
16%
•
Oct
5
Dec
103%
Jan
28%
Apr
4
15% Jun 28
Dec
21 Va
7
49]A Sep 2C
30%
8
8
7% May 6
37% July 15
2
7
6
..
Apr
5% Sep
8%
Jan
Apr
'2%
Dec
2% Ma>
4%
Nov
Api
27%
Dec
Apr
17
6%
280
;
;.:
:
47,000
'
.
' ■
Feb
92% Mar
105
:
/,
10
■
,21%/'::.
10% Jan
Jan
18
=
Jan
No par
Jan
2,200
Jan
Jan
Dec
Nov
Feb
Feb
Jan
NOV
Apr
14%
Dec
98%
Nov
12%
Jan
16%
Deo
0% Dec
20% Nov
5% May
14 JA May
x66 ; Nov
9% Jan
7% Jan
r
7/a
Apr
32
11% Jan
81% Jan
27Va D6c
.
Oct
Nov
Jun
2
26
6
15
20
11
11
14
10
v 31
Oct
6 Y 47
Oct
4
17
Oct
2
99% Aug
14 y 38
July
30
82% July
7
22% Aug
9
14% Jun
1
115% Dec
20 Y 106'A Jun
Dec
-
3%
10%
=
27.
—
13,900,
•
58
179
85
22% July 14
23% July 27
100=
• -1 %
$7 preferred—-—a—i—
No par 30%
>
Prior preferred
No par
17
Curtiss-Wrlght
*
l -' '5%
v. Class
A
-aa
—1 Y
14%
Cushman's Sons Inc .7% pfd
100 Y
96
;
$8 prefened—1—
-——No par •84
Cutler-Hammer Inc
—No par a >15%
17,600
Ap?
Apr
2% May
37Va Dec
159
18% Jan 12
—u-100
(The)--—
Jan
Apr
42 Vi
61% May 21
i
Jan
23%
186% Sep
2
6
May 17
2'/2May22
2
2
Nov
12%
51%
377/e Jan
.
—5
Inc
Aug 20
Apr
7
Jan 15
=9
•
>—30 C:-
preferred-
4%%
u"
u7 7
6%
-100
—a_
47
21%
Apr
Man
8%
45
108% Aug 19
23% Mar 12
No par
Arner*
preferred™
100
Sugar———_10
Curtis Pub Co
1,500
5%-'
Press
Cuneo
2
Jan
50%
July 2
Apr
5
Aug 24
2
No par /
Packing Co—-i.
Cudahy
3
27%
15
53
17%
5
4
preferred——I——A-100 v
5%% conv preferred—
a100 v
900
.
150
21%
RR 6%
Cuba
1,800-.
,
16%;
■
No par
t
CubanrAmerican
c,;/rvi
44 %f
■J
•
*130
21%
21%
21%.
-
r-
% Jun
1%
16
Aug 11
18 "A Dec 27
47% Dec 27
107
Oct 25
23% Jun
7
11% Jun
2
110% Sep 24
7
>
2
(The)
preferred
5%
1,000
6%' :•,
16%
•
Crucible Steel ol
v:.-7
113
*
>.\w *110%
150
=
105
^42%
16%
117
*130
,
Jan
7
Y 14% Jan
.
7%
23%. '=::
113
•
,
5%.
16%
16%,
150
21%
21%
*43
5%
Feb
7%
Apr
95
Jan
; 16% Jan
25
$5 conv preferred————No par;
=
166:
23
;
*22%
44
110-1
110
22%
•
105
114
CS?8
Dec
97%
»..
Y 27'A Mar 30
53% Jan 20
8
100
—
7,900
<
.
yyy v
107-
*105
:
22%
112
42%
*130
'
■
150
7,600
2,000
„
118%
*114
yy:;? *101
V:.',
6%
5% V 6%
115 %■:
5%
16%
16% .Y
150
20%
23%
*101
■
C8%
12% •=.13
22%
Dec
12%
•
Apr
78
\
36% Jun
37
preferred—.——No par
Zelierbach Corp
5
$2.25
Crown
1,900
y;y <•
28 %•/,•
i-
20%
107
22%
23%
98%
98%
28
;'.y y
16%
16%
67%
*104
•*
42%
115
Y'
."
200
_20
a
Cork «fe Seal——;
Crown
1,300
:
13
v
11%
July 24- V:
2
——100 * 173
Dec
-1
> 27/a Jar»
1/
.
Jan
j.
(The)
Crosley Corp
4,400
17%
28
1
A—«'—i
Co
conv preferred
Cream of Wheat Corp
5%
:
V-1,300
45% •y 45%
68%7
20%:/./
12
105
all5
5%
*130
;v
;>•
■
42
*110
150
21%
16%
>
125
*130
6
17%
28
Y
104%
23%
*101
115
.'115
42%
7
i'Y
28% YY
19
Jan
Sep
May 12
.
Jan
3%
18 %
Apr
4
Jan
23%
•
-
9% Aug
Jan
45
Jan
13% Dec
—25 Y
Refining
Internat Corp
Crane
280
1
Trust
Inc
Coty
1,500
20%
19%
5 V
50
Corp
Co.
Preferred,,—
Coty
9,100
:
'
.
Bank
Products
Corn
40
5,000
;
107
Exch
Corn
3,000
.yy
20 .< :.
19%
•••
2
■
106%
118%
22%
22% 7
"'7
*114
23
v
i
2
■
99
68
Y
\
12
56
Electric
Cornell-Ducilier
570
-.5%
No par
Steel Co
pref 5% series——
Conv
;•
2,700
175%
118%
104%
105
*101
116
111
-
23%
23%
20
*114
105%
v
'
11%
12%
.V/
.y
5V8
16% :
27%
68%
67%
*19
20
*19%
20
7
Apr
18% Jan
x9% Jan
5
of Del——;
Continental Steel Corp.—
-'t:-; 100
15%
27%..:,,/
45%::
*45%
Jun
83
Sep
2
Apr
7
July 15
May 12
8
Sep
1
29% Oct 27
21% Mar 29
.
44 Va
Apr
1%
12%
Y
4% Jan
25% Jan
,
1
Copperweld
4,600
45%
x56
17%
16%
7. 27% ::
45%
45%
:Y' 68%
i '•
27%
7,700
Continental
:
50%
*174%
20%
45%
Motors—-Y-u-
15%
107
.27%
15%
28
20%
17
5
.,7
$2.50
Continental
45%
'
: 19%
20%
109
6%
24%
105
3%
19%
6
7
26% Jan
5
InsuFance_u.fA
600
2
■■
18%
*106
17%
July 20
Jun 12
25
Jun
5
> 247A Nov 23
Oct
Jan
21% July
10
40% Jan
20
Cam Inc—^
Continental
.
•
;
5
.
45%
*45 Va
"98%
77 2
16=%
28
28
*27%
55%
19%
107%
20%
16%
V *49
Y
176%
4%
20%
Yr 20%
50%
55%
1%-.:
18%
106%
19%
18%
19
106%
1%
1%
1%
2
*1%
*105%
11
Dec
-Dec
10 Vi
.•-•Ai:"- '>'.•
Continental Diamond Fibre-
Oil
,
34
,
-Y"
Jun
aa
11
4% Jan 11
7
Jan 16
33% Jan 24
89
Jan
6
16
Jan
6
x4% Jan
7
96
Jan 5-
,
Continental
24%
Jan
7'A May
*
176%
4%
4%
4%
31%
24
15% .15% Y7,
45%
175
175
176%
*175
30%
.
45
54%
54%
55%
54%
55%
176%
/
YYYY
11
*49%
45
176%
7
20 V4
,
July 14
1% May 10
•
:
1,400
39,700
.up;'*"
5%
5%
10%
31
24
10%
15%
45%
45%
15%
44%
7
46
U
1
16
17% Nov 29
of America——__20
1,100
>
44 % Jun
7% Jan 11
—.50
4,500
11%
5% yY
23%
10%
'
34
46
:
46
30%
30%
"23%
15%
15%
r:
X45%
10%
50%
50%
51
*50%
*23
11%
11%
33
11%
5%
30%
30%
32%
11%
5%
5%
5%
5%
4%
,
33%
32%
46%
33
15
2'A Feb 10
24% Nov 18
9% Nov 29
Continental Baking Copar
.Container Corp
11,100
•*.•
Nov
5
- ;
r
100
..25 7'
6%. pfd
Cuba
preferred
Consumers
2,900
8%
105%
% Jan 11
-
.
—
$2.50
V 1,290
"
,.
109
*106
46%
11%
:
8
109
■
300
•
20%
8
%
8%
*108%
103
20%
•
x
33%
*11
Y
103
20%
8%
32
11%
'
102%
19%
107
107
:
*46
102%
'
47%
19%
8
8%\,
47%
*45%
103 ;
v
17
17
17
16%
17
Apr
15% Jan
,
^
—^.5
Corp
18%
47%
*106%
Laundries
Consol
12%
102 Vi
8
$2
■
11%
47%
91 '/a
91% Jan
par
18%
19%
8%
;—No
Y
N
11%
47%
8%
of
Edison
'
preferred_„__^.——No par
Industries—
1
par tic preferred——;
No par
11%
*101%
.
$5
11%
16%
20
90 : Jan
1 3% Dec
Consolidated Natural Gas wd
15
Consolidated Vultee Aircraft—
1
Preferred
_^__10
*45%
Oct
Oct
107% Sep
27
26
*12
35
19
2
18%
12%
llVi
Jan
Dec
,2% Jan 13
•: 17% Jan
7
10% Jan
2
..No par
Dec
Jan
24
29 Vi
.
6V2 %
Jan
Jan
84%
•
Jan
21% Jan
25
Co
54
45%
16 Va
82
Consol
16,100
5'/a
2% Nov
:
7
2
Edison
Sep
Jun
44
36% Jan
,
11%
18%
12%
'
12%
29% Jan
par /
1
July 9
41
14
104'% Jan
25%
•
Jan
25% Jan
V
Consol Film
18,700
11%
19% July 14
26 %
25%
11%
19
18%
26%
7
9
30% Jan 11,
_>_.No par
5,100
26%
Mar
prior, preferred—,.—>—100
.Consol Coppermines Corp_>>__,
5
800
7%
51
2
Consolidated Qlgar_^„^
1,200
2,700
7%
-
.
98% July 15
2
21,800
:
rl7% .,=17%
•
7%
/
13
& Jan
;
18,800
2%
:•
79% Jan
■
Congoleum-Nalrn-Inc_^>^-lVo par
20
yy
Sep
Oct
9% Jan
Commonwealth
1,600
104
2%
.2.%....;.
'
.:
•
7'
No
Highest
$ per share
Sep
29
.Conde Nast Pub.Inc-,^—u—No par
1.20Q
22%
22 %
17
7%
•
c
30%
18
i—No par
$6 preferred series
10,300
.
28
73
Commonwealth & Southern„JVo par
100
3%
■
103%
103%,,:.
,
17 „•
7%
7
26%
12
11%
2%
3
17.:
17
7-
7
25%
•7
•
3%
■
22%/" •;
21%
xl03%
3
*6%
v
21%
103%
17%
17%
17%
,25%
103% ;
2%
3
3
17%
21%
103%
21%
21%
102%
21•
106
106
3%
3%
:,,:
V
22%
20%
,
107
*105%
-;
9
22%
20%
20%
■
Commercial Solvents
4,600
>24%
2
77 % Sep
2
100
Comm'l Invest Trust_
49,300
80
9
22 %
22
3%
3%
3%
3%
3%
103
*6"%
•,
24%
9% 77
'
21%
21%
103
21
:
106
106
107
*106
107
20%
21
20%
21%
*21 V
*106
22% Y
22
22%
■
Y
%
79%
*8%
*8%
Y'
]J
24%
24%
*8%
"
y.Y
v
80% YY
-'79%
79%
:.
•
5% Jun
2
10
4,500'
147/a
2
Jan
par
preferred
conv
1% Jan
37
par
Credit
1043
S per share
$ per share
40% Jan
No par
9,400
42 Va
14%
'
Y
% Y.
14
U
4%%
Year
Lowest
par
No
Co
Pictures
Commercial
t per share
No
Carbon
1>
Highest
¥00
100
preferred
$2.75
"300.
8,500
42 V4
14%
•
1
'
*106% 111%
42%
14
.••;.
V
Columbia
3,200
17 Vi
40%
No
preferred series A
preferred
Columbian
900
40%
Par
,
6%
70%
37
14%
YY
4%
75%
70%
*39%
42%
14%
4%
76 Va
70%
16%
111%
41%
14%
*106%
4%
76%
71%
4
Lowest
Columbia Gas & Elec—
4 Va
76%
*87%
92
16%
*89 Va
Y
•
4
*69%
Range for Previous
;'.<•• Range Since January
,,
EXCHANGE
Shares
share
per
v.
STOCK
YORK
NEW
the Week
76
76%
76
76
•
4 Vi
4'/8
4%
4%
76
$ per share
share
$
share
t per
Sales for
Dec. 31
Dec. 30
'
t per share
Fridav
Thursday
Wednesday
Tuesday
Dec. 27
Saturday
10
Apr
77
May
12% Sep
v
-39% Nov
84
Jun
m
Jan
Jun
9
Jun
140
74%
Jan
05%
8% May
13%
5 ;
Y 25% Oct 26
8 j 26% Jun 10
8
107
Oct-19
2
7% May 10
2
116
Dec 27
2
45% Sep 17
10
9% Apr* 8
30
24% Mar 29
26
119% Nov
8
10
140]/aOct 284
26% Jun 29
Nov
Jan
13%
8% Jun
88
4
Jan
88%
23% May
63
Jan
•41
Mar
\
Jun
Dec
Jan
19%
13
Mar
00
Feb
100
Jan
2
Oct
13% May
32%
Nov
12
20%
Oct
Jt
Jun
5% May
80
Jan
V Jan
Oct
95
44
81
12%
Dec
9% Jan
25% Jan
•
Jun
18
Sep
-
18
Jun
Nov
Oct
•
D
6
19
13 Y
6%
6
19
13
24
112%
112%
23%
22%
22%
38%
397/2
38%
39%,%;
34
34%
35 7
35
17 Va
17 Va
Y 15%
5%
.»
15%
16
5%
5%
*43
50
29
29%
30%
30%
*383/»
29%
34
34
34
50
>
v
2,500
Decca
9,000
Deere
Si
/
*17%
18
17%
17%
17%
17%
17%
31,500
5%
::. 5%
6%
19
Xl8%
50
29
29
t
31
30%
31
39%
*45
.
!<'50i
»:
Detroit Hillsdale & S W RR Co__100
31%
12
8% Jan
Devoe &
560
Diamond
39%
1.400
j
:
Match.
partic
8%
Y
17% Jan
6
6
par
26
Jan
37
Jan
14
30 Vi
'*98
99 Va
*15%
'•
29
15%
*43
'
1
33%
33%
23%
24%
49
49%
33
■
99
99
Y.
33
29,%
r/a
23 Vi
24 Vi
23%
48
48%
48 Vi
130
130
107%
107%
107%
29
29
11
8%
*8%
11%
8%
12
U
29%
*29
9
33%
48%
48
131%
29%
*11%
.
131
130
29
12
122
~
*116 Vi
'*116%
122
*116Vi
140
139
140
136%
138.4
124%
125
125
125
125
107%
28%
9%
*118%
119%
120
xll8 Vi
-44
122%
;
$4 preferred series A......No par • xl06%
Dresser Mfg Co__
No par V
16
Dunhlll International
—1
5'A
Duplan Corp
;
No par
9
8%
preferred
——100
115
Du P de Nemours (EI) & Co
20
134
$4.50 preferred
:
No par.. 124
Duquesne Light 5% 1st pfd
100
115%
1,800
*11%
12%
600
122
*116Vi
.
,
122
139%
125'/a
<=»•
118%
118%
•
1,600
.
:
.
139 V4
*124%
137% ,140
125%
900
■v;.
1
:
"
6,000
.
.
300
•
310
119
No par
Douglas Aircraft—
1,300
9 Va
No par
No par r
Dow Chemical Co
9,000
t
100
:
.—No par
-a—-No par
Co
A
Dome Mines Ltd
5,800
48%
28%
*124%
*118%
24%
preferred
Cup
No par J
Nov 30
Nov 26
Dec 31
Jan
8
Jan
5
Jan
4
Jun 24
Jan
5
Dec
1
Dec
20
Aug
10%
27%
Dec
30 Va
Nov
Nov
Apr
13%
7
Jan
11%
Oct
2% May
4%
Jan '
37
18%
Oct
14.
Jan
30
35% July 12 :
33 Vi
.
37
r
Y
16'A July 15
July 12
Dec
26
.
Dec
16% Dec
8
4
May 28
<
Apr
May
70%
oct
95
Apr
134%
Dec
16%
Dec
29
107% Dec
35 % Jun
13% Mar
1
10 Va Dec
17
2%
Apr
Feb
13% Apr
8
122% Oct
29
112
159'A July 15
11
Aug
2
121% Sep
"
Oct
7
Jan
8
130
Dec
29
Apr
51
11
25% Sep
73% May
*153
16%
22
Feb
Dec
Nov
9%
32 V. May
Dec
9%
87
.
7% July
45
Jan
22%
Jun
34
Oct
Jan
27%
39% Aug
Apr
16% Mar
70
31
Jan
21
V.
6% Aug
May 10
35% Oct 26
Dec
Apr
Apr
;;18
8
17
100
Dec
Apr
48% Apr
15
Oct
Jan
110
Apr
14%
42 Va Nov
Dec
9%
30
33% Mar
'
12% -Nov
Mar
22 % July 14
7
:
4%
10% May 10
.
4
17%
Jan
18%
.
1
17% Dec
>
25 »A May
6
20% May 19
■
8% Jan 20
21% Jan
8
83% Jan 13'
10
Jan
2
38% Feb. 18
22% Feb 20
15% Jan 20
2
No parr'
Doehler Die Casting Co
2,000
Y xl06%
12
122
119%
YY
.34
9%
12
139 3/i
*118%
5%
Class
•
—
Corp-Seagr's Ltd
Dixie
430
107%
8%
--
300
Y
44 Vi
131
130
•
15%
Distil
200
Y
YY :
100
Diamond T Motor Car Co
6,200
.:
29 Vi
*107 Va
/
8%
124%
*116%
=•
33
130%
132
iir>o»-44
44;
32%
v;
7.107%
*130%
,•■•
23%
X23 Va
49%
29%. '
99 Va.-99%- iUiihlQO
15%
;
43%
3.700
14 Vi
o'013%
29%:o Vfioo29 Va
..'
*15 Vi ,rl5%
15%
43%
32%
23%
48%
>••■;
43%
14 %T O
.
.28%
29
*15%
15 %
43%
33 7
23%
.
14
13%
28%
30
99%
*98
,
15%
43
43
*13%
14%
,14
13%
102
July
36 % July
b=yns<=Y
30
8
24% Sep
7
25
No
;
preferred—
5
Jun
43
2
16% Jan 12
40
Mar 1V
No par
R&ynolds A.
2
Jun
8
116
3'/4 Jan
20
Edison
Detroit
5,100
;t
29%
;31j%iYr!^ Vf31 %
*30%
,,
31,800
19%
^.j-j/ti'£'29'%
29
15%
3
Mar
19•
=
Jan 11
Jan 12
Jan
5
Jan
2
10
26
^Delaware & Hudson
——100
Delaware Lack & Western
50
50
T*45
3b
6%
*38.% ;..39%'i3iIlO';If38%
Y::v
39%
*38%
>
28%. 5f28:%
,
.
6%
19%
19%.;
19
187/a
*45 1
29%
:
-
19
Y'2% Apr
4
7% Oct
5
108% Jan 20
—10
Deisel-Wemmer-Gllbert
300
17%
=
Jan jJan
2~
Y . 17
12
No par
20 Y
a.
Preferred
?
900
17%
Co
.
1
Records Inc——
,
:
•17%
Y.5%
5%
*38%
.
40
.
./15%
15%
*30%
39%'
.
5 %
3% Jan
8
preferred——i-
25
Davison Chemical Corp (The)*
_1
Dayton Pow & Lt 4% % pfd—100
5,100
17%
17%
50
18%
19%
19
*45
.
35%
v
23
39%
34
22%
40
*34
113
22%
397/a
113
*23
23%
*17%
►111%
23%
387/a
*111%
23
39%
■
100
J
14%-
14
14%
13%
13%
24
Davega Stores Corp
600
6%
>"
:
*20
24
*20
-yy
13%
112
*111
*6%
6%
.16%
*20
13 Va
13
112
112
6%
24
*19
-v
:
.
10% Nov
120
July
102% May
144
Jan
120
127
Nov
118%
Dec
Apr
111% Mar
:xtel
10%
10%
r':!
36
36
-
Tv
;v
160
160
161
161
*161
163
179
180
181
181
*181
183
41
41%
41%
18%
18 Va
*18%
37%
n
,
18%
37%
37
j: (7
10%
3%
3%
10%
_
.
.
;
3%.'.--
41%
40%
18%
37%
10%
3%
1,800
6%
u-
►180
41 Vi
_
Eagle-Picher Lead Co
2,600
36%.
*6%
'10%
V(
160
180%
10
i 6%
,
36%
6%
11
183-
163 Va
41%
b'\ *,
35%
6%
11
36%
10%
35%
6%
6%
163;
67/a
180 Va
u
vrT
•10%
35%
10%
35%
6%
*6%
163 Va
i*
10%
10%
35%
r" '•;
ttu*..
18%
13
18
37%
37%
37%
41%
37%
41%
*17%
50
;
1,700
600
18
38
.
•
38%
2,500
10%
10%
10%
10%
10%
10%
11,800
3%
3%
*3%
3%
3%
3%
1,700
10,800
4%
4%
■
.
2
5
Mus Ind Am
&
4%
88
85
80
85%
88%
89
89
4,700
$7
preferred
84
80%
80%
80%
84%
84%
85
1,500
$8
preferred
39%
39%
39%
39
39 Va
39
39%
39'A
40
1,500
4%
4
56%
*55%
102%
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•
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xl73
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35
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,
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15
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29
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39%
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92
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Sep
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Apr
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% Oct
159
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
1
NEW YORK STOCK
LOW
PRICES
Wednesday
Saturday r.
Monday
Tuesday
Dec. 35
Dec. 27
Dec. 28
•
$ per share
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54
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19,900
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151
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106
Aug 23
71% Jan
5
20 'A Jan
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100
130'A Jan
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20%
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par
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par
preferred series A .No par
3%
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A 6%
Sep
9%
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661/2
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90%
113% Jan
39% July
22
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16%
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6% July 23
Genj Precision Equip Corp—No par
13% Jan
25
24% May 29
10% Mar
128
l_1
4% Jan
$6
103% Jan
5
—10c
3^; Jan
Public Service
No par
—100
1
$6 pref opt div series
No par
General Refractories———No pat
Signal
Railway
preferred
:
General Shoe Corp
Gen Steel Cast $6
General
Gen
12% Jan
1
preferred—No par
No par
100
Corp—
31% Jan
5
$5
conv
Apr
Sep
4
2
15 Va Dec
91
16% Jan
4
15% Jan
4
Razor—™—No par
preferred——i—No par
4% Jan
24% Jun 10
i
25% Jun
9 % May
74
s,
5% Jan
1091% May
% Jan
14%
Nov
107%' Jun
Oct
31%
Nov
19 Va
Jan
Jun
May
28
101% Sep
7% Jan
10
%3
Jan
x40% Mar
May 20
Jan
14% Nov
Apr
13% Mar
11
23% May 29
Dec 11
4
60% Jan
55 %
9
.
%
8 % May
22
Jan
3%
Mar
14%
113
2
108
July
Apr
% Mar
23
17
59
2
60
101
4
23% Mar
14
Gillette Safety
10%
Jan
X& 9% Jan
14% Jan
Co—
Jan
l7/a Jun
28
.15% Jan
5
Hi
Rubber
&
Sep
Aug
A
25% May 20
4
4
Tire
3%
99 Va
Nov
112% July 15
9
% Jan
Jan
preferred—iii
General
20
Corp—
Telephone
Time Instru
8
112
2
r
Mar
X104
Realty & Utilities
-
13
8% Jun
2
No
preferred—
6 '
18
2 Va May 10
2
par
General Printing Ink
Nov
July
30
Apr
13% Aug
1% May
10
Feb
79%
Jan
20
Jan
16%
Dec
110
Feb
15%
Dec
5 Va
Nov
61
Nov
'Brothers^^^i#—No par
5
Jan
2
14% Sep
17
4
Apr
5%
Jan
preferred————No par
Gliddeti Co (The)Z.
-t—No par
4%% conv preferred—^,——-50
Gobei
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*™.
1
tGoebel Brewing Co-^_2
1
Gold & Stock Telegraph Co—100
Goodrich Co (B F)———No par
5% preferred
No par
Goodyear Tire & Rubb—i™_No par
v $5
conv preferred-.
—No par
Gotham Hosiery
...—
No par
Preferred
—————100
59
Jan
4
85% Oct
4
50
May
65 %
Jan
14% Jan
2
22% July 16
48
Jun 22
Gimbel
$6
—
Graham-Paige Motors——i
1
Granby Consol M S & P—™—5
Grand-Union Co-^i-^L'.^.JNa par
Granite City Steel———.No pari
Grant (W T) Co™
—10
Jan
5
Jan
41
2
% Jan
8
73% Sep
24% Jan
13
12
45% Sep
Jan
14
83
Western
Great
102
1% July
Feb
Dec
Oct 25
56
Jan
83 Va
Dec
Dec
10% Jan
27
90% Jan
9
14
60 Va
Jan
90% Dec
4% Jan
11
9% Apr
29
1%
Jan
4%»Nov
101% Dec
27
25 Va Jan
41% July 17
8
Jan
11
H Jan
2
3% Dec
108% July
17
80
*58/
6% Apr
,.7
•
5
July 13
13% May 29
29 Va Feb
3
37
Sep
July
22
2
26
18
Apr
1
32% May 10
23% Nov
19
24
138
6%
Jan
Sep
27% Jan
11
8%
Apr
9%
Dec
Nov
22 Va May
32
Nov
23
25
Feb
July
13%
Dec
18%
Oct
19%
Jun
25%
Feb
22%
Apr
28 Va
10
130
Apr
27
50
July
63%
Nov
Sep 27
25
Apr
33'%
Jan
10%
Apr
14%
,10
Mar
9Va May
1% May
14%
Jau
3%
Jan
57% Sep
10
19
50
14 Vb Jan
*4'
21% Dec. 8
4;:
13% July 16
9
Jan
17% May
Corp—™™1
10 Va Nov
Sugar—^——No par
preferred—
;———100
81% Jan
19
-
2
5
Jun
4 ■'
11
143
Jan
Dec
Jan
31 % Jan
2% Jan
Mar
154
;™1
11
■
2
Jan
(H L)
Jan
Dec
11% Aug
86
12
48%
Jan
2 Va
Jun
4%
Oct
2
5
41% May 12
Jun
33%
Oct
44% Nov
18
50% July 26
22% Feb
11
Gulf Mobile & Ohio RR—No par
*5
nreferred—'
-No w*
3% Jan
12
25% Jan
25
Corp——
Nov
6
17
•
Bay & West RR—™—,-100
Oil
Dec
1 Va
6
9
Green
Gulf
81%
4
Jan
7% Jan
8
65
8%
Jan
A Sep
2% May 10
7
Greyhound Corp (The)— .No par
5Va% preferred——
—:
10
2% Jan
82
27
21% Jan
Co Inc—
>!!
Oct
Feb
Jan
Jan
14
.ww.-,™™—100
44
Nov
15
Sugar—™™,No par
Jan
Jun
13
Dec
——
37%
73
6% pfd—No par
Great Northern Ry
16
20
13% Dec
Iron Ore
Sep
%
}.
6
3% May 6
97% Aug 25
•
Nor
12 Vb
1% May
prop—/No par
preferred——™——20
5%
Great
Grumman Aircraft
7/000
44%
2
Guantanamo
250
Jan
7
2,400
.
(,".rc,i3
X^-'33W;}-3?fvJ
100
Feb
19
4,500
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131%
2 % Jan
39
Oct
Apr
30
'
July 13
131% May
Jan
87
Apr
17 Va Jan
—No
A
Green
•1/*'61%
491%
19%
11%
4%
61%
49%
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136%
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48
102
122:
July 23
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...
1161/b July
1% Jan
Mar
125% Nov
Adv
—
Preferred
150
56 '
Apr
% May
30
120 'A Dec
July 28
83V2 Jan
Nov
x23%
par
6%
6,600
;
'
18%"
*46'A
700
V'i'7
f
85Va
•
1%
2%"
,
7%
18%
1
244" ;
«.■'■
27/a
85 Va
18%
<•■"
47 "•/•■ ?/■.
18'A
•'
11%
11%
86
*83%
T ■;' /
70
*67%
/
380
1,600
•
2144
7%
•:•';:/•■'••
11%
1,200
/
115
20%
70
11 Va
85
*83%
*110
7%
70
•
:
11 Va
•
20%
7%
7%
70
11
,
47
'■■/•
7'A
*68%
■
84 «/4
18%
.
LJ
.'■•
69%
* :
.11
46%
'■>'
'■
.
20
'
■
11%
*84
'
''•'
7%
:
70
•
11%
vr;
„
7%
*68%
•
•
"
115
*110
20
" ""'"19%
21
20%
'
I"
115
*110
'
21%
*20 'A
;
V
115
V.
15
/
Dec
1
par
Gen
3,600
93
132
Apr
par
Outdoor
Gen
52
22%
15
Dec
4%
Sep
44Va July 15
13
34
—No
32'A May
148
2
30% Jan
preferred
conv
6%
84%
Z
140
2
5
—No
2,100
1%
21%
21%
Jan
2% July
98% May 19
9 % Jun
104
Apr
—No
3,300
21%
*50%
52
*50%
20%
49%
21%
Nov
40%
.—100
Corp
Common
Gen
Vi 113
1%
■
7'A
Sep
18% May 20
5%
1,900
1%
20
*111
<
1
1 Va
1
1%
Apr
Mar
4
General Mills-
/
'
1%
1
1%
Dec
35
7% Jan
Gas & Electric A_—
$6
1,200
"
•
Feb
53
88
51
par
General Electric Co
General
Gen
20'-:
6%
6%
108
*106
108
19%
.:/
Oct
10%
Feb
51
8% May 19
'
19%
Jau
3%
Apr
2
107
4
2
—
700
.
38
:
5 i
Jan
Aug 31
29
Jan
12
—-
preferred
preferred
General Motors Corp
'"$5 preferred
31,700
"
128'A' 128%
■'V
37 %
Sep
Jan
.
Jun
Jan
37
:/",. 4% Jan
2% Jan
—
200
52% '>52% "'T
128«•'•
'
4%
4%
:
A
130
52%
128
•
/• •'■■■*37
19%
4%
.
51
,
128
39
130
•.
2%
2%
2V2 July
1
26
„No
preferred
cum
General
40
119
119
'"A
102%
*101
102
51%
*36%
:
102
130
;
122
*120
122
*118%
r
131
VI28
128
128
102
*130
"51%".'
51%
120%
101 %
121
Jan
21
6% Jun
1
May
38%
8
14% Apr
4
Feb
45
IV2
10
'
'*120
10%
.
1
4% Jun
4Va May 17
14% Oct
par
v
300
37,200
A'A
'
•'"-
Nov
Apr
—No
Corp
18%
Sep
,Jun
"Oct
12
Mar
Jan
Nov
5
11
5% Jan
Dec
130
May
14%
1
Jan
12%
27
102
134
114
12
11
6% Jan
11%
42
Apr.
38
2
12
9% Jan
9%
110;,/ Aug 23
Jan
96% Jan
19% Jan
1
May
Sep
27% Mar
4
21
30
par
—-5
Jun
36% Mar
Sep 28
38% July 10
16
17
8%
7
Dec.27'
75
Feb
V 29% Dec
6
..ho
Dec
.19% May
2
Amer
7%
40
r
117
2%
■
Dec
21%
11
Inc_
General Cable Corp
Class A
940
42%
117
3
27%
Apr
Jan
'
37
./•••* V'141 Va
■
Mar
18
Jun
7
1% Jan
preferred-,-..——50
conv
General
r
82%
25%
119
2%
2%
2%
147%
(The)
1,600
A
12'A
*146
37
42
42
*114%
;.
25%
Co
2,600
2,100
-
15
11
9% July 15
2Va Jan
5
Transportation
———5
General Baking
$8 preferred
Gen
4,500
4i/2
82
81
148
*146
146
35%
%
25%
26%
146
36%
X36
—
*25%
26 /,:• :.'■/•
2611 /
146 "
./•-/
•;-
Jan
63
9% Jan
par
$6 preferred
200
■'•/•.'■V':- 10
6%
6%
4%
11%
11 Va
79%
80
80
81
80
•
.
.
.
Dec
28
—1
—No
A
Gen Amer Investors
3,100
147
cl
(Robert)—
Wood Industries
51/2%
//"'• 4,300
:
100
preferred
Gaylord Container
30
/ /'./
8
."■
6%
4%
•
—
10%
44
*145
f
1,400
•
106 //:■
42%
4%
6%
11%
-
42%
'
•
13%
51
1
-
Feb
16%
3
v
Nov
39%
96%
I'4
5% Jan
Dec
105
May
J% Jan
50
Apr
86
10 V'4 Jan
16% Jan
Apr
29%
9%
39% Feb
•r
87%
2
22% Jun
_20
(The)
Gamewell
5,500
-
Co_,
preferred
Inc
V 380
*105Va
106
*145
:/■'■";.
:-;4%
;
,"■
Co
Co
6%
4%
51
41%
42%
Trailer
conv
27%
9% Z.V'/::/, 9%
S%
*105 Va
106
106.
5%
,
600
a:
-10
10
Corp
,
109 " July 29
36
Jun 10
7
Corp
29%
July 15
112% July 12
39% Jun 10
11
$7 conv preferred
6%
prior preferred
1,300
•
3
*13%
15% Jan
97% Jan
—1
Machinery
Foster-Wheeler
4%
13%
par
Food
27%
51
*50'A
10%
10
.
'
13%
13%
51
*501/4
/■
7%' y 7%
147
147
41%
7%
147 "■•■':
*1451
106
13%
y:
10'%
*104%
41%
.
51
10%
_
106
41% /
El; ^7'
13% ;K
*50%
10'A
*10
...
13%
13'%
51
51
.
5
Food Fair Stores Inc—
?
13%
4%
4%
-
6
31% Jan
5
*13%
27
26%
26%
4'A
104% Jan
43
2
—
'
26%
4%
Dec
Dec
28
3% Jan
'"
4%
4% '/ ■ 4% /
14%
43%
26%
2
50% Jun
30% Jan
3,600
2%
.
Apr
19 Va JUtt
8
14
-10
—100
2,900
;''
110
/•vivsj" 2%
3
13%
*131/4
7%
Apr
13% Jan
27
Jan
7
20
29 l/z
•
2%
2%
27/a
2%, :
13%
29 %
12% Jan
25% Jan
42
8
—j.'
30%
*109
110
*2%
2%,
2%
28
28%'•' '28%"
*109
Jan
19% Jan
1,900
„
87
25% Jan
700
..'
/
70
Nov
par
.1/200
.
15%
14%
74%
par
Corp™—.
Feb
Jan
98% Nov 22
No
preferred
Dec
8
No par
conv
Jan
4%
18 Va
No
5%
/
Jan
13 Va
Apr
Jun
Jan
24%
11% Apr
Florsheim Shoe class A
Follansbee Steel
8%
93
25% July 14
No
(The)
Jan
2
100
preferred
8
3
par
No
37%
78% Jan
1
$2.50
A
Oct
Jan
v
Florence Stove Co
390
"
20%
30%
series
Stores
Dec
1% Nov
'29% Jan
69% Sep
19% Dec
6
10
„
Sep
1
19% July 13
105% July 27
29% Apr
5
18% Dec 24
0% Apr
300
1,500
1
117
*61
;30%
National
$4.50
:
29%-
110 V/
*13
13v
25%
•
*60%;
29%
28%
2%
:
*'*4%
30%
*109
110
12%
*2%
"
14%
'
29%
29%
*109
' 110
*J09
*60
30%
30%
70
14%
14%
',70
*60
30%
'
30
14%
14%
70
"
30%
preferred
Flintkote Co
'
,
2
800
16%
,*116%
*19%
'
•
12
15
—100
Ferro
50
:
53%'
I'-
19%
19%
12
.
Jun
6% Jan
■
"
16%
V,
6
•
Jun
4
6%
Jan
Apr
3% Jan
First
H
19
11 % Nov
18
400
1
27%
86
No par
No par
4%
7%
28%
May
Mar 26
Feb
.
1% Jan
4% Apr
20
May 27
13
preferred™
Dec
42
29
5
conv
70
Dec
28
Nov
7
4V'4 7o
Cci
Jan
30% Nov 30
17
Firestone Tire & Rubber
-
52%
12
15%-16-,/
v
19
8% Nov 29
15
No par
Enamel Corp—™
Fidel Phen Fire Ins N Y
;
7%
51
50%
54 ■■'•■'■ •>•
*53
16
15%
-•«,•■■■
5
Jan
2,000
J
8
18% Dec
2,500
:
9% Jun
14% Jun
10
44
21
.:
20
Oct
Jan
70
29% Mar 30
3% July
10%
32% Jun
4
2
1,500
:
/
Highest
I per share
Jun
3%
16 Va May
4
52% May 19
78
Nov 24
% Jan
.
par
;
4%
4
8
Federal-Mogul Corp
Federal Motor Truck
Federated Dept Stores™™
/
2,300
' /
34 %
,:*•/}: ,..7'v.;
6%
t 51
t".
*11%'
12
53
,12
117
*19%
6%
6%
50
49%
No
•
110
24%
24%
2.50
per share
Nov
5% Jan
20
Federal Min & Smelt Co
1,700
24%
34
24%
2
:
•
.
ij-'
*33%
33
24 %
16 %
*116%
*105
3% Jari
5
.3
_
FederalLlght & Traction
$6 preferred
100
:
19%
19%
19%
33
1,500
•
35%
107
24%
49%
49%
12%
53%
*16
;
107
24%
54
*11%
19
19%
107
33%
7
:
49%
19
*105%
i05%
35%
'
—5
Cleaner™
Co
Corp
Fairbanks Morse & Co_
'< 500
#,600 '
■
'..'105%
35
34%
.
18
Fajardo Sug Co of Pr Rico
2,100
'
'
39% .:'/ •/
39 Va
105%
*105
'
-
49
•
39% '"39%
34%
34
*19%
24%
7
*6%
491/2
105;
105
-
108
*33
33%
•
r,
39%.
39%
39%
39%
39%
•
68'/2 Jan
Farnsworth Televis'n & Rad Corp_l
30
Vr". 17%
•'
9
12
—50
-
Exchange Buffet Corp
.1,000
.
19%
5 %
21%
15%
19%
18
*17%
Jan
6,100
.
101%
101
Vacuum
8
16% May
'
39% Jan
;
Year 1942
Lowest
t per share
9
100
No par
3,000
.
8 »/4 Jan
—,—.No par
Products
Ex-Cell-0
3,100
4-
10
15%
.
101%
18% v 19 ';/■
17%
,
•
;/
*101
5%
.
•
Eureka
Evans
*
500
:
•
23 % '
21%
■
16% "16%
16%
16%
33%
14%
,
19.
:
.
22%
*21%
7
J'.'
2%
j9%
5%
5
5%
22%
14%
101
'
18%
2,900
I per share
Par
\
,
Erie & Pitts RR Co
4,300
v
9%
33%
9%
101
7/
*2%
;
,Ctfs of benef int™
5% pref series A
2,700
/,
11%
Range for Previous
Range Since January 1
Lowest
Highest
EXCHANGE
Erie RR common
1,100
- ™„/
.
21'/4
22%
33
22.
22%
14%;
u
7%
11%
21
;
.
9%
■
34
9%
'
22%.
v"
22%;
19
'
•19
v2%«
2%
101%
*100%
100%
100%
-
,
82
-7%
7%'",
ll'/2
11%
21 VB
f.
33,500
\
,
47
*76
21 >
10%
21
*2%
7%
7%<\
7%
7%
7%:
7%'
101%
9%
46
"O
6,800
>
;
"STOCKS
NEW YORK STOCK
'
*
Shares
•
10%
10
46
'
V 7 '/a
10%
46
91/2
9 :;•"•■
45'/2
*76-
:
t per share
10%
9%
the Week
/
v
45'/4
9%'
9%
45 %
Dec. 31
9%
9%
9'/2
Sales lor
Friday
«
$ per share
RECORD
V"
.
Dec. 30
$ per share
9%
91/2
9%
:.„9%
Thursday
Dec. 29
S per share
$ per share
;
SALE
AND HIGH
17
160% Jun
10 Va May
18
Sep
H
28
16%
*12%
footnotes
see
.
page
37
16%
"'*12%
13%
107
29%
*16
37
*106%
For
*27
*36
28
*36
*16
/ c
23.
•
12 Va
106 Va
106%-
28
28
*26%
29%
*26%
29%
*36
37
*36
37
*36
37
16
12%
%06
,16
12%
106%
*15%
12%
"106
200
Hackensack
1%
class A
16 Va
200
Hall
12%
*13
13%.
300
Hamilton Watch Co.—
106 Va
"106
106%
20
16%
*15,%
6%
.23
Water.
preferred
Printing
Co—
preferred
;
25
—10
No
par
——100
28% Sep
3
Apr
13
Jun
1
38
12 Va Jan
5
18% July 23
9 Va Jan
18
35
104% Mar 13
Feb
19% May
25
29
Apr
35
Dec
8% Mar
13
Aug
4
8
Jun
11%
Nov
110 Va July 28
95
Mar
106%
Feb
15% Jun
Monday, .January 3, 1944
FINANCIAL CHRONICLE.
THE COMMERCIAL &
18
NEW YORK STOCK RECORD
LOW
Dec. 88
$
I per share
16%
15%
15%
>136
105
6'A
214
2%
2%
81
*<80%
82
130
63
*61%
63
19
*20%
21
*20%
40
13%
*12%
13
116
*115
*114
115
19
19
19
13%'
;■>•• 900
Hollander & Sons
1,400
Holly Sugar Corp
7% preferred
116
116
116
10
38%
40
40
.40
13,400
42 Va
13%
38%
37%
13%
*115%
116
*115V4
13%
13•
12%
•
13%
13 '/a
12%
12%
42%
42%
42
42
42'/a
42 Va
*42Va
421/2
13%
13%
13%
13%
13.1/a
13i%
13%
13%
13%
65
31%.
•
y
r
31%
7%
1%
6 %
23%
24%
24
./
108
66
66
8%
1%
.
/
7%
311/2
31%
-»
perpka*^
>
•
9 ,//
8%
1%
1%
Hudson
2,000
7%
700
/;:■/•/ 9
:>
1%
v
25
24%
9
•
1%
.
1%
25
24%
•
1,500
*6%
9%
■
1%
1%
7,
5%
-
v.
%
871 Jun
; 8,900
Hupp Motor Car-
Corpl——
-1
9
5
Apr
51'"
Apr
2
4
118
125
f
Dec
Oct
158
Feb
145/a
Nov
75%
,
Dec
Feb
134
July 14
30% Mar
48
79:' Mar V
Oct
%
Dec
102%
Jau
I
40%. July
'
45 V
17 /
20
July 2
July 22
Dec
18%
Jan
Dec
Va
115
Feb
Oct
39%
Oct
11%
Nov
44 Vs
Dec
Jan
30'/a
96
38 Va
Jan
8%
July 12
■
68VsNov
/ I 7%
Dec
27
-
Nov
Jan
•
21
57%'July 30
114
6
12%
110
•
Nov
29%
Mar
14'A
>•'
Dec
>
17
Jan
11
.»
2
17%, July 12
17 i Apr
8
115% Jun
9
42 78. .Sep
15
12% Mar
25% July 13
8
Jan.
Aug 16
^
21% May 10
Jan
Jan
Jan
Jan
;
Apr
136%:Aug 26
71
1%
58%
-V
'
Nov
94%
Apr
'.10%
•
28
Dec
May
8%
May
141 %
,,;' Aug 23
Jan
4%
Jun
45
2
Jan
88
Jan
;
5% May
29%', Dec
/
•
Apr >
106
May
-
Feb
Sep
1
>> 2%
9% July 13
Apr
4%
Oct
29% May
34%
Feb
•
/
41%-Apr
2%'Jun
2
5
18
10% Jun
7
8
7
2
Jan
Min & .Sm Ltd
.No par
Hudson Motor Car——,—-No par
7,500
/:
%
4 '/a
22 %
4%
>
100
preferred—
80
Jan
16%
146
3 % Mar
•>'
79 %
172
104
■;.•
Apr
3% May 10
71 V Apr
,
—100 /
Manhattan—-
&
non-cum
X126
110 Va^ July 23
.
Hud Bay
/ 6,500
.
5%
Houston Light & Power
9,500
32
No par
preferred—---——:——100
Co.—No par
Houston Oil of Texas v t c—.—25
Howe Sound Co
5
>.
10
1%
6%
'
7%
No par
—
Apr
I per share
Apr
6
.
7Va May 29
115
Jun 22
31
Jan
5
36% Jan 12.
.-> 9% Jan
5
■>/; 44
Jan
2
105
Mar 10
V. 59% Aug 31
3% Jan
2
30% Jan
4
12.50
No par
:
109%.Oct 11
10%; May 28
14% Jan
6
16% Jan 18
28% Jan 21
J7v Jan
6
,
98
12 %
13
18% July
2
Jan
Jan
,
I per share
144 Va. May 14
Jan 20
Jan
6
Jan
5
Jan
8
Jan
5
Dec 23
12% Sep
-
.
Household Finance
1,700
:
;
—No par
100
;
Class B
.
600
6%
*1%
6%; 6 'A '
24
> 24%.
8%
1%
7%
31%
.
1%
9%
1%
///:
7%
1%
1%
;
24 V4
9
.
31
31
1%
7 %
*6
1%
108
66
65%
(A)—
Houdaille-Hershey cl A
3,100
55
109
*106%
7%
7
31
1%
1%
"■
7'%
3i
6%
8%
*54
„
Homestake Mining—
500
-
'
7%
7%
54i%
65%
65%
65V2
54
x54
110
*108
110
<108
66
53%
54
53%
54
110
66
The,
(Del)
Vv
421/a
*53%
(C E)
39
13
*108
Holland Furnace
21%
*37
12%
39 Va
Hires Co
*20%
13
116
100
500
2OV2
371%
"
Year 1942
.Lowest/
Highest
v
lO^VvSep
■
10
1 C
10
5
Hlnde & Dauch Paper Co
200
37
13 Va
—No par
i——No par
cum
20%
12%
38 Va
39%
38%
115
93%
56%
152
12%
73
128
49
100
preferred—
100
Hershey Chocolate—
—No par
v
$4 conv preferred.—No par
6%
21
*37%
12 7 a
*115%
,
*114
preferred-
Hercules Powder-
63
*18%.
13 %
.
*61
—
Hertules Motors—
1,300
*
130
W)
non-cum
39%
-*20%
,
39%
39
*39%
*13 Va
"
21
*128%
(G
7%
20,600
81
81
81%
90
27%
267/a
28%
130
Helrae
200
,1% Jan
*—2
—25
-25
—100
Co—
Hazel-Atlas'Glass
670
67
$
Jan
6
Jan
6
Feb 3
Jan
5
Jan
2
Dec 14
Co $5 pfd
(M A)
Hayes. Mfg Corp
9,900
163
163
;•>
63
19
*18
18%
18%
*63%
66
__
*61
115 >
*114
115
*114
18%
■'
2%
-
*128%
1,200
106%
80%
*128%
*61
115
*114
2%
106%
27%
27%
6%
6%
2%
*160%
26%
10
106
106'%
*63%
64
64
29%
*128%
63
*61
2%'
106
130
81
82
130
2%
106%
*160%
162
27%
28%
26%
2 Ve
105
i"'v 1,300
6%
*104%
6%
6%
142
*5%
6%
106
No par
99%
Harbison-Walk Refrac—No par
13 Va
6% preferred—
—100
135
Hat Corp of Amer class A——I; >•■'
4>A
6 % %
preferred—
100
86
Hayes Industries Inc—
1
6
Hanna
2,800
16
*136
142
*5%
*103
6%
67
161%
163
*80%
106
*63%
64%
*128%
*136
103
103
6%
2% >■>
106
106%
:
6%
6%
*160
15%
6
T> 5%
5%
5%
*302 %
*6Va
64%
15%
"
'»
5W
105
106
15%
142
*136
142
*136
142
5%
*102%
Range for Previous
Range Since January 1
Lowest /•>;.,'
Highest
STOCK
EXCHANGE >
•.
f per share
40
106%
*105%
•«.,./
Shares
$ per share
106%
15%
15%
the Week
106%
106
106
106%
$ per share
share
$ per
share
*105%
NEW YORK
Sales for
Dec. 31
Dec. 30
Dec. 80
%
106
15%
.
$ per
per share
*105%
Friday
Thursday
Wednesday
Tuesday
Dec. 87
Dec. 33
PRICES
AND HIGH SALE
Monday
Saturday
/
STOCKS
17
%
■K:
■
Jan
2
>
11% July 12
3'/a
2% May 10
*'■■?>:'
5Va
Apr
Jan
'
' 1V4 Aug
.
Jan
16%
29% Mar 30;
/
Dec'
5%
Jan
/:
Aug
23%
:/.
Nov
1%
r
Apr
r.',M
f-; >>.'"
'jy •-> _•/■>
'
■
:>
I
:
V.'. ■>
;■
''
'
10
45 Va
/■
45'A
241/2
24%
■
8%
8%
15%
16%
.16%
38%
39V4
38%
38%
88%
89 V3
71%
72
72
72%
71%
10%
10%
10%
10%
10 Va
*7%
7%
071.2
7%
7%
34%
*33%
.
*110
112
*110
6
6%.V ■>.
6%
72%
169
9,900
6%
169
169
;
> /
■
72%
72
3,500
•
169
169
169
160
.*
15% Apr.
8
"/
1%
1%
106 •' Jan
6
Jan
-
9
■
'144% Jan
56% Jan
177'
20
20
>
26%
*130Va
131
al31
131%
14%
70
39
39
36
36
67%
>70%
39
preferred—
8
:
35
>
12
11%
12
>
14%
15
'
1,800
t:
70
69%
69%
39 V2
39 %
35%
36
56
59%
>59%
58
r
*107
117
*107
"■ 11%
"
-•■>
60
12 Va
;»•
*
:—100 /
3%
Corpzi--——I /'
> 25^'
par;
29 %
110%
137%
10
;
400
28%
'
1
100
$6
su.
'
*
107 Va
12%
12%
13%
13'A
13%
13%
29%
*28%
12%
28 Va
28%
28%
29>4
287/8
29 y4
30
30
*107%
112
112
86%
87 %
128
*127%
129%
*80%
100
*80 %
100
57
>
-
20
<!
56%
57
*56%
100
*80%
■
*57
65 %
*651A
65%
64%
65'A
65%
10%
10%
10%
10%
10%
10%
*10'A
66
67
'*10%
11"
17%
>• .17%
*17%
18
16,800
V
600
11
1,600
j
■
>
600
»
1
34
1%
Nov
48<A
Febr
32 ;:
Feb
Oct
'
Oct
'
123% >
6%
:
17%
■*121
.' '••• >
6%
6%
>
:■
17
20
20
*19%
Va
*14
*101
103%
*101
109%
*19%
19%
13 Va
13%
13Va
13%
115
19%
■> >
»:
*112% 115
•
*109%
30% >
*19'A
30 V*
19%
19%
*31
32%:1
*31%
52
52%
•
23 V ■ ;•
22%
4
23
22%
*6%
7
*6 V4
*19
32
Va "'-
4%
■
52
■
■
>
29%
32%
4%
4%
*4'A
*51
29%
19%
30
13
*112%
53
22%
-
7
6
17 ' •>:
6%
21
92
Dec
13
v
136
Chicago RR stamped—100
Laughlln Steel—
No par
pref series A——!
i—100
19 Va Jan
104 Vb
■
•
•
Jan
88V4
Apr
f;
2
;
Jun
t
:
1
7 Va
.
Nov
7Va
Nov
•
Aug 16/
Apr
:•>. 32%
Apr
X 138
"
Nov
10%
Nov
33 Va
Jan
5%
/
8
Jan
-18% May
85
May
-
107%
:50 % May
27
122
Jan
'
Jan '•
73%
Dec
129%
Nov
24%
Jan
64
'
Jan
Aug 28;
17% May
53% Dec
6.
Apr
5
6
12% Jun
25
19% Sep
4
/
Jan
127/
July 21
<
23
5
Feb
Aug
9
117
Mar
82
.•>
Dec
Jan
Apr
65 V Apr
9
Nov' /.;
11
.
7%
267/a Apr
7
29
10%
95 ■'/
/
/24%
3 ./
10.
July 14
ya,Sep
79
3,400
.1.
103%
*101
103%
17
*109%
19%
/
13
*112%
*17
17
*109%
112
>;>:,/ 20
19 3A
13%
13 Va
115
*112%
>■.-
30%
30%
;
1,200
■:
1
20
/
■
30%
30%
30 V4
19%
♦19%
19%
*19%
32%
*31%
,61
?
•79%
May
7% Aug
V.
v
Jan
11
Jan
13%
Dec
4%
4%
53
*53%
22%
22%
*6%
6Va
*4%
4%
*53Va
55
23
.23
;?"■;
6%
IVa
100
20
23 Va
28%
28%
28 Va
28
28%
31%
31%
31%
31%
31 Va
31%
;.;•
500
11
11
11%
llW'r'.
U'A
*10%
28
2,100
Kress
31%
>■;
31 %V
3,300
Kroger Grocery & Bak
11%
r
Nov
12 /
20
17 V Sep
115^ Dec
14% Jan
2
,IS H) & Co
Nov-
Apr
11%
Feb.
Dec
100%
Jan
7
•
Jan
11%
Sep
93% July
103%
Dec
10 Va
Apr
14 %
Dec-
Jan
9
Dec
May
105'A
Jan
8
26%
Jun
37.%
11%
Apr
15Va
Dec
7
20%. July 15
34July 15
24 %
Jun
29
Jan
6% July 26
1%
Jan
58% July 29
par ;
15 Va Jan
25
Jan
113
2
par
4%
.16%.May 11
:4
7
.'
,1% Jan
34% Jan
12
18% Jan
2
24 'A Sep
22
1
2% Jan
11
10% Apr
32% Sep
3v
30
32% Nov
6
par
23 Va Jan
26
.
4
24 Va Feb
:
;100
/ Apr .24.
35% Apr
13
'
Oct
29%
May
81%
»
13
24% May 11/
29
„No par
-No
28
1>>
31%
104
1
Oct
7%
6
-
10
Kresge .(S S) Co
Kresge Dept Stores-———.
2,600
13
Jan
...
10%.
28%
31%
No
_No
Corp_—
Sep
28% Jan
Kinney (G R) Co——.
$5 prior preferred—^. -No par
400
4%
55
6%
Kimberly-Clark
•
2
8.% Jan
Keystone, Steel & Wire Co.-
200
17
2
124
Jan
16
6
Jan
102:
..No par
'
:
•u;
2%
8
29%. Apr., 6
11%. Jan
83
Class, '/B—i—__v.-
Kennecott Copper—
10% Apr
13 /
Dec
f
103% Feb
,
1
127
2
-7% Jan
.——100.,
A
"5 % Jan
v
23
19
Kendall Co. 36 pt pfd A— ._No par :
30,300
32%
32
;/
;
19%
32 Va
'
conv
Kelsey Hayes Wh'l conv cl
500
.
1,600
i
5%
-
20
>.
,
-
^^-1
Dept Stores
preferred—
—5
Kayser (Julius) & Co._/—
Keith-Albee-Orpheum conv pfd_100
200
•>
13%
115
/
;;
17%,.
113%
Kaulmann.
-
Dec
121-
L pf ser 3— _No par;
Kansas.City- Southern—-— .No par
4%.■ non-cum preferred- .——_100
Kan City P &
■-;:
6%
xl2% Jan .19
—10
Kalamazoo Stove 8i Furn—
•;/>> 200
;
,
f
28%
<
—I'-' V'-.-.
14%
20'A-
20%
28%
—
6%
■'•,
•■
21
19%
13
*121
*,
*14
.
111
115
>
*101
103 3/a
*16%
109%
19%:/:
19%
17
*16
_
14%
20%
15
103 3/a
.:■
*14
20 Va
14
112
*112%
6%
6%
*14
17
*109%
*121
,■/,;•■
14 %
*14
*101
•'■>
'
'
21%
*20
:
*120
.
6%
6%
'V
*17%
18
*17%
*120
>>>'
,
r
.
.
30 Vs
Sep
40%
Mar
17
-22%
Jun
3lA
.
,
2Va
2'/a
Jan
Feb
Feb
Jan*
Jan
19% May
,
27,
Jan
22%
Apr
29%
Jan
Apr
13*
L
C'nt
65%
l:>3>1
Va
64
64
29 VA
*64
29
28%:
29Vs'V<L,
*17
17 Va
17%
38
37%
28%/
22%
22%
23
*111%
113
4 Va
4%
1%
1%
22%
*111% 113
4V4
: 4
■
i%
1%
63%
29 Va
28%
•
,
29 %
17%
*17%
38%
38%-
8%
8%
22%
112
'
112%
4
1%
*22%
*112
4%
1%
29 Va
63 %
29%
*17%
18
38%
8
/
38
8%
%
23
23 Ve
113
*112
18
'■* 600
8%
8,100
23 Va
113
1,000
30
4%
V
4%
4%.
4%:
5,200
1%
1%
1%
1%
4,700
17%
18
8,100
30%
3,000
Lehman
18
18%
1,000
Lehn & Fink Frod.Corp—
18
♦37%
38%
*37 Va
38%
37%
37%
38
38
38
38
42%
41%
42
42
42%;
42%
43%
7,000
6%
6%
6%
6%
8,300
38%
100
*37
For
footnotes
see
38%
page
23.
*37
38%
*37
38%
—
30
17%
29%
18
6%
conv
18
17%
29 Va
18
*18
6%
*37%
6%
38%
.
38%
400
5
Portland Cement——25
preferred100
Lehigh Valley RR
50
Lehigh Valley Coal——No par
5% conv preferred—.
—50
4%
18 Va
17%
30
17%
6%
;
Lehigh
30
17%
29%
18 V4
42
——No par
Lehigh Coal & Navigation Co-No par
17%
18%
29%
67A
Bryant—
Lee Rubber & Tire
i
29%
17%
42'A
16% May 21
7%
73 V Oct
19
7
18
21 %
39% Oct 30
15%
7
29% Jun
7
26% Jan 21
19% Jun
17% Jan
.
Lane'
100:,
38%
18%
6%
Jans
35
preferred—
—100
Lambert Co (The) ——No par
1,600
4
4
9% Jan
100
5%
.50
29%
42
Laclede Gas Lt Co St Louisa
350
■
*37%
22%
■-
*62
63 %
8%
B%
8%
8%
11
64
*17
37%
8%
*62
17%
*37%
•
'
11
Lerner
Corp
(The)
1.
Stores Corp—
Libbey Owens Ford Glass
Libby McNeill & Llbby—
Lite Savers Corp—
1*
11.% Jan"
•
4
27
2% Jan
2
120
20
Jan
107% Jan
Yi Jan
11% Jan
24
Jan
.
;
July 20
23% Jan
8
31
Jan
12
5
Jan
2
,
28
Dec
23 Va
Jan
Apr
113
Jun
4
Jan
4?
Dec
1%
Jan
8%
Jan
17%
32
Dec
Aug
104
July 14
227/a Jun
Sep
Dec
11%
18% May
5
6
41%
18
8% Mar
2%
6
12
May
Apr
Jan
*
20
July 17
20% Jun
—No par
11%
8% May 19
2% Jun
1
2
14% Jan
No par
7
I
5
Dec
9
29
Dec
—5
:
-
29
8 V4
;
-
K
18
18
;■?;
•
>-■: 39%
■
Jan
/63/a
109 V# Aug 19
:Jan
8% Jan
'
Jan
3%
/146%' Jan'"4'
(:V
>
16% July
,
19
Nov
60%
>
Oct
Oct1
-
/2
21/
18 f Jun
12
64% Dec
30
111 Va. Aug 26
70
/I/5 fo pref series B couv—100
Joy Mfg Co-———.—
1
1%
30%
•
Jan
'
-V
'•
Oct
Dec
_
15"%
43% Mar
20
V18%:Sep
145% Jun
54
136
•'•
'
78
5%
Dec
'
Jones &
■
57%
30%
•
Jan
/ 7%
'
-
Jan
12% Dec '/.
•57/
Dec
'
••••4%" Nov
>
Apr
126%
16% May 10
125
1/——
Vl%
;
May
100
Preferred
•
v:24% Apr
16% May 10
99'A Mar 30
preferred———————100
Johns'.Manville .Corp—1—lli-No- par
11'
Dec
%
;
115 //July 14 V V 94
5
Feb
-
•
May
Jan
Inc——No
4 'A %
100
2,500
20%
65%
/"
65 %
100
:
1
;
'•'-,'
26
Joliet. &
86'A
20%
-
57 Va
.
Jewel Tea Co
129'A
*128
20%
20%
56 Va
Jarvls (W B)
*
108
84%
86%
129 %
*80%
20 Va
*106%
108
86%
*128
*127% 129%
*80% 100
.20%
20
20%
56% V 57
20
108
> *107 % 112:
87
■> J: 86
•'
86%
*126%
86%
Coj,_i—;—;
1,100
1,600
12%
61;'
•166;; July
.-
Dec
60 s
•
13
*12%
\?
.Apr;
May
Mar'
32%-Apr
135/
preferred———.—-——I
V
i
151% Jan
May'
5
27Va Jan
,
'.
Jan
26
9% Jan
1
;
Jan
8
39
.
Island. Creek .Coal.
Feb
10%
Apr
5% May
"'JA July
3% May
Apr
2' -v38
44 V Apr • 5
38% July 26
.
: 500
1
'
4
•
800
15%
140 >
*136
■
111%
■/:" 40
11% Jun liV
71% July 12-
.
3,100
V'
i >1
Jan
-
28-
6.9% Dec
.' 36
Jan ' 7
50'
;102% Jan 15 '
i > 7 %
preferred—,.-—^——100
6% Jan
7
Interp'l Telep & Teleg—-,—No par
:. ," 6% Jan
7
/
Foreign share ctfs—
No par
7
Interstate. Dept Stores-——No par .1 )9 % Jan
90% Jan 14
; Preferred ——!
—-—1—100 *
10% Jan
4
Iritertype CorpA-—
—-No par
.international Silver^—;
44/700
>
28
.
Jun
5
July 14
14% Dec 24.
July 16
39
,
No par
international Shoe.
—
'
V >
16%
23%
29 %
137 Vz
29%
..?■''•
:
International. Salt-2—s—No par
Jan
•109% Mar
138'
6
..
3.100
i >
12%
■"
*15
570
Feb
23%
5'A
24
r" 36%. Apr
Nov 30
8'A Jan
2
Internatlonal,Paper:Co——1545% Jan
2
:/ 5% conv preferred—
—100
3% Jan
4
Inter Rys of Cent/Am—_—No par: ?
■';/£5% vpreferred—s—s—100 . ,37% Jan 11
1,100
1::* 6%
Oct
'•■■■
6
J 67 h: July
.6% May
Jan
Apr
100% Aug
Mar 25
19
■
5
Jan
Dec
129
'Preferred/——100
>1500
•'
12% "
16%
15%
14 V2
1/
; 117
*108%
110%
*108V2
140
*136
17 Va
17
.
V12'A
12%
12%
12%
1,200
::
35%
15 V4
*28%
30%
140
*136
140 -■..'■:
:
Int Nickel of Canada—No
50
16",900
.
8%
*8
8
39 Va
llOVa"
*109
*29
30
*28%
*136
69%
/ / ■■:>■
69%
17%
14%
14 %
15 %
*14%
14%
68%
8
llTa
IIOV2
*109
108%, 108 Va
131%
39%
17
17%
11 Va
17%
*129%
14%
:
4%
International, Mining-
6,600
28,800
69%
131%
'
*17
4%
27 Va
35% ''"V* *35%
ii%
.
200
4'/'a
26%
"
ii'%'
11%
>
65
*62%
70
in;*
*107
117
11%
•
V
57%
59%
;•>
65
4 Vs
4 . ;
26% >27
39 Va
*39
35%
>107
/
5
Sys class A—
25
& Chem———5,
12%
'
5 Va
>
Mar 29
Dec
18%
4%. May 10'
5
11% Jan
55 Va Jan
68
14
*69
39
12
'
12
;/ ■% Jan
International. Min
7%
12%
12
Int Hydro-Elec
4,600
-
68%
7%
*58
120 ;
'•
*107
..
zv>13%
8%
35%
59%
*58
14%
67%
70
5
r
7,600
14%
13%
-
8
1%
15%
*130%
*138%- 131%
■
67%
68 V4
69%
:
■:///•'
26%
*7%
14%
*67%
7%
4
4
26 VA
26%
27 :>/■
1%
15%
63'A / 63'A :■*62 /•;/
4 Va
4
4
4
26 %
Feb
177 > July 27 / >• 147
.
i%
64
64
65%
*64
Dec
74%
/
Oct
35 1
'
Sep
74%
Jan ; 9
162
100 ;
-
9% Apr
2 f
'
15%
-
Jan
163%
Apr
4%
16%, Feb
"
8% May
'■
6'.V NOV ' 9
V
1%
14%
100
July.
8
38 Va
21
14%
1%
14%
15 Va',
14%
.
1%
1%7
1%
15
15
May
.
,
"
'
74
SVWuly :1
July 6
115 /'Mar 29
28
par
Preferred __s,
■f
Apr
54
27
.International Harvesters—No par
.
Sep
<"• 153
6Va Jan
Iron_^_i————No par
int /Business Machines——No par
600
Jan
78% .July 24
21% Jan
Interlake
11,900
173
173
72 V4
717/a
169
7
'
173
*170
72%
71%
73%
6%
6%
6%
,
172
171
:
'I
2 Va
■168 V July 23
100
Intercont'l Rubber—;——No
500
6%
6%
23%. Oct
•42 V Mar
10%
5
par
—-1
6% .preferred-.^————
■•
>'
21
•-
17
'
9% Nov
Copper——i—20
Interchemical Corp—%—No
.
>
6 V2
63A
6%
2,000
113
*111
113
*116%
IV.
33%
9% Nov
;
Jan
44%'Jun 28
100% Apr
7.
.86% NOV 29
158% Apr
62
Jan
Co_———No par
Inspiration Cons
Insuranshar?s Ctfs1nc_
500
8
Steel
Inland
2,400
11%
32%
33
33
6%
6%
:/
169
169
72
»
f: 32%
'
preferred—I——.—-—-100 1
:•:> -6%
"
*71/2
7%
113
6%
172
72%
73
*165V2
2,200
-
■'
.'/<■
Jan
May
19 % July 24
32% Nov
10%
10%
7%
:
162
711/2
72%
10%
7%
33%
*110%
6%
%
71%
10:%
.
33
6% /
172
171
*168
■>
112
■
72
89%
*156
,;
Jan
5%
13
5
10
13 * May
6
:f 11 Va Jan
Rayon__——-No par
/In'gersoll-Rand——:——No par
Industrial:
:
34
*6%
6%
*6%
162,
'*156
162
4
Indianapolis Power & Lt—No par
1,500
39 7-7:,
':■•/■■■:,■ 88
881/2
88
88%
:■
*156
162
*156
ctfs series A^
RR See
470
Jan
48 V: May
3,600
•;/
16%
37
100
.1000
6"
16%May
31%' May
Jan
8
100
Leased: lines 4%__
110
v.
8
8
8%
39
>
18 '/a Jan
/
—100
6%, preferred series A__
•
900
.
Co—
Central RR
Illinois
.11,200
46%
*45%
46
>7 45%
"
34%
25
"15%
162
*156
10%
*7%
39%
89 Va
89 Va
24 Va
•
10%
10%
15%
15%
39%
39%
39%
89
>
10%
24
24
45%
.
8
8
15%,
15%
15%
45%
1"%'
8%
*8
*
.-';
45
45
24
/-
10%
9%
10%
24
25
*24%
N
9%
10%
Apr
Jan
15% Aug
,25
Dec
26
11% "Apr
14 Va Aug
Apr
26%
43% Dec
23
31
18
Jan
33%
Dec
87/a Jun
17
4
Mar
5%
Jan
July 26
20
Mar
38% Dec
41
20%
33
Dec
Jan
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
•%
19
NEW YORK STOCK RECORD
Saturday
Dec. 27
S per share ;
$ per share
66%
66%
67%
67%
175 %
175 %
67 %
6(VA
175 %
174%
27%
27%
27%
38%
38%
39%
38%
36
36
20.%
20%
19
19 :.'
%
28
36 JA
36%
20%
20
20%
19%
20
20
15%
16%:
58
58%
20%
20%
19
19
18%
19
19
15%.
15%
*20
'16%
15%;
15
15%
58%
58
58%
57%
58%
44
43%
43%
43
43 'A
43%
8%
8%
8%
8lA
8%
28%
28%
28%
17%
17%
17%
29
28%
17%
"28'/a
17%
17%
153 %
20'A
21
""20'A
68
26
26
58%
*58
29%
28%
18
17%
17%
152
152
153%
8%
20%
68
',
*26%
26
Jan
7
73%
Jan
74%
177
Jan
Apr
16% Apr
Dec
23% Nov
44
May 27
22 Va
Jun
32%
Feb
43
July 20
25% May
9% Jan
37%
Nov
>A
19
4
15% Jan
6
21% July 27
21%,Jun 26
Deo
12% Nov 29
25% Mar 29
11% May
14% May
16%
.—.....1
24 Va
Jan
3,400
Loew's Inc
—No
Dec
2,300
Lone
5,100
Long Bell Lumber A
28,100
V
'
v
Lorillard
5,700
21
A."..
69%
*26 Va
1%
50
42% Jan
7
64% July 24
37
Jan
46%
37 Va Jan
11
51% Jan" 6
; 11% May 10
31% Jun
2 Va Mar
42%
27
7%
Dec
15
19 Va
Nov
6% Nov
25
18% Jan
13
—10
16% Oct
7
10 0
148% Jap
Co
preferred—.
T.... ...
31
28
—No par
15% Jan
6
Louisville & Nashville
..—100
59% Jan
5
8
Mar
11%
Apr
128
163% July 22
22% July 19
12,
Louisville Gas & El A
26%'
Oct
21% Jun
1,200
>■'.
;
Oct
par
—No par
Biscuit—
(P)
12%
—No par
1,200.
r
*68
.
Cement Corp..
Star
Loose-Wiles
900.
153
68
24
,w~lVo par
-No par
4
Apr
Apr
164%
12% Jan
17%
21
20%
67%
22% Jap
50%
50 Va
182% Aug 19
28% May 27
34% Jan
28 Va
*150
20%
67%
v:,y'
71
July 15
73% Jun
4
2
1share
—No par
*-No par
Link Belt Co,
1,900
8%
•
1
Dec
^Klgbeat
J per share
Refining Co__—.
Liquid Carbonic Corp—
Lockheed Aircraft Corp—
-
43% :-44>A!
8%
*28
,
.
44
20%
68
■68
68%
*151
153%
20%
155
155
;
v
.
No par
Lion Oil
35%.
35
20%
8%
1,200
1,600
35%
36
44
7. 8%
Lima Locomotive Wks.
Dec
171
Year 1642
Lowest
I per share
62% Nov 30
.uoo
Lily Tulip- Cup Corp...
3,100
40
62
25
BA
Prefeniepll--.^^——.
;
300
39
20 %
15%
Series
100
28
40'A
58 y4
15%
*27%
,
I per share
Liggett & Myers Tobacco. ,—.—..25
4,000
-
38%
38%
35%
,35%
•v
Par
'
*27%
Range Since January 1
Lowest
Highest
EXCHANGE
A A 800
67%,
175 Va
*174
Range for Preview
NEW YORK STOCK
Shares
68
673/a
67%
174
174
28
"27
27%
38%
1
66%
,
•
175%,
;
per share
68
67
67
67%
66%
68
"67
66 %
66%
175%
Dec. 31
A-
Sales-for
the Week
I
"it
$ per share
S per share
i per share
:;
STOCKS
Friday
Dec. 30
Dec. 29
Dec. 28
.
Thursday
Wednesday
Tuesday
Monday
Dec, 25
SALE PRICES
AND HIGH
LOW
79
29
May
Mar
76% Nov
153
11% Apr
65% Sep
July 24
Jan
Dec
18 %
Jan
76%
Jan
M
"
*135
138
33%
y-sf.;: 1
*26 71
34%
27%
27%
14%
167(1
14%
14%
15%
15%
15%
>
:•
330
'
27%
27%
A
i"
A
138
35
A
6%
19%
2%
5%
6%
15%'
'
r
.
A"
.
Macy <R H)
Madison Square
Garden.—..
par
Magma Copper
Mahoning Coal RR Co.^...
..10
15
Nov
—50
315
Nov
29
,19%'.:
*19
19
■
3
6
%
6
12 7,
'•
14%
Manati
Sugar
300
Mandel
Bros
19
300
Manhattan Shirt
100
•
4%
No
:
12%
-.13%:
14%
14%
14%
16%
16%
16%V
19.200
5%'.
4,100
4%
:
-
4%
5
;4%
:
Martin -(Glenn
L)
180
f
5,000
Mathieson
5,200 A
19c preferred
May Department Stores
Corp
20%
4%
4%
A 20%
;> -:A--
.-21
■16%
*18%
28%
47,
47
23
-v
48
23%'
23%
23%
*10%
*112%
114%
Wks
Alkali
No
22%
■
47
22%
10%
*10%
112%
*112%
77/a
7%
1
-7%
?V; 82
70 77
7
69
f "
.
.
,
28'A
8
6
5%Vi
■■
■
75%,.
74%
; :
27
33
y,
7 109%' 109%
7*109%
A
,
A--AA
*92
.-A;
A
•V
18%
•
1% 1
1%
^
6%
A
7%
76
"77%:
78%':.
78%
115%
K' ;;7
44% v 45%
V
*33
liV.'.-fVil
*•'*
95A .A "'
34
•
•
>
■
22%
-2ml
•
15%
•
419%
-19%
•
•i'-'r'ZW
l 3%
;;;*68
'4 .-7-
71
116
16%.
>'75%. >75%
'
15%"' "
16%
■
20
A;
42%
?., v 43
15
Feb
9
5 9c
conv
Merch
& Min Trans
Machine
A
A
45%
89c
20
V, *20
-
20%
A 20%
-
,,
&
7 9c
29
V
Apr
Dec
1
21
6
24
8
5
30% Sep 21
6
7
4
Feb*
Nov
6
35%
Jan
59%
Deo
Apr 21
103 Va
Jan
108
111
4
*107% May
3
Jan
2
8% Jun
10
par
—10
64% Jan
17
98
Va May
57% Jun
13% Jan 13
25
—No par
% Jan
—
--
1
July 23
8%
July ly
3% Mar
2
4
3% Jan
4
11% Apr
17% Jan
12
30% Nov
1%
5
—10
;
75% Dec
-
.119
29
121 A Apr
106% Nov 26
par
50
*, 33J/4 Jan. 14
8
5
7
17
■11% Jan
12
217/a Jan
Wheel Corp—.—
8
Brass "Co————
5
53
:
15
62
A 18% Apr • 7
31
Mar 29
20% Aug
2
Sep
„
"7
Jun/ 3
Jan
7
77
Jun
25
5
23 Va Jun
26
2
.
50
Feb
4% Jan
30 Va Jun
27
•
Jan
Feb
Oct
•
110%-Jan
34%
Dec
48% Mar
>
29% Mar
11
Nov
25%
5-;
Oct
12%
Jan
May
108% Sep
n% July
44
12
91
120
Jan
11%
49
A 79 Va Sep 22
117.
Aug
4
13
111
July 3
5% Jan
2
Apr
34% Jan
Dec
Oct
Oct
117%
6% Jan
9% Apr
•
Oct
4%
18
Dec
12 %
7
Jun
Jan
2% Jan
—No par
preferred
-No par
Munslngwear Inc..—
-No par
Murphy Co (G C)
...
—100
4% 9c preferred——
—
—10
Murray Corp of America—
-No par
Myers IF E) & Bro
...
27% Jun
i
Jan
28%
6
39% Oct
Jan
13
-Mo par
Mar
1%
102% Apr
23% Apr
July 14
9Va Jan
31 % Jan
——50
.112
29
114% Aug 24
Dec
14% Nov
May
May
May
110
.Mar 19 !
24
Oct
67
-
I2V4 Feb
66
92% Juri 30
1
Dec
116% Dec
113,
Apr
Oct
3%
jV Jan
6
20
-No par
..No- par
Essex.
.
wlOO
$7
300
108 Va
113 Va Feb
Mullins Mfg Co class B——
*5,200
23%
Apr
76% May
"'
-No
1,600
May
88%
20
110
500
16 Va
Nov
preferred series A
Carpet Mills
Mueller
19%
7
107
Jno
Oc
Ji
7% J£
1$
100
$4.50 preferred
Preferred series B
.
33 %
30%
July
128
8
'
Apr.
12 % Mar
110
Monsanto Chemical Co
20-
30
•
Jun
19
Mohawk
3,100
,
Jan
22%
Feb
Corp
Mo-Kan-Texas RR—
500 "
;
\ 21
Feb
6
107
-preferred..
Mission
Motor
.
43
$6.50
•
1,300
■ : :-:'
72
32
31% Jun
18% Jan
Mar
Dec
9% Apr
4
20 Va Jail
77
Jun
32% Mar
13
f
Jan
7% May
Dec
34 Va Apr
24
A Jan
108
4%
:.100
Motor Products Corp—
73
.
Jan
3
106% Jan
Minn Moline Power Impl__,
Morris &
4%'
*71
7%
No par
preferred series C
4%.%
1,100
27%.
•
Dec
Jun
58
Minn-Honeywell Regu.
4% conv pfd series B
4,230
.
;
,76 A; 76
'A 75%:"- :-;>75% ■75%'AA
117 A
*114 ;
li'7
a >.
*114
117' v'/ *114
9%
8% ■■■:■ 8%' •. A-A: 8% ; J :'8% A A:':': 9
44 ■ A*43 A
*42
A 44 ■■■>&,
*42% '.'44 AA'i
■
4! A
100
No
1st preferred—^
cum
16%
-.'.16%.
A;
75
8%
4
par
—10
Petroleum
Steel Products
Midland
15%
A^4%:>
"
70%
70%
33%
15%
20%
Jan
5% Jari
—5
Copper.
;AA$4 preferred series C
Montgomery Ward &■ Co... -No par
13,200 .
-No par
200: "Morrell (John);& Co.
108%;.
Jan
'
70
A
Dec
9%
6
26
.5
Nov
55
12% July
23% Sep
No par
Co
Co
Dec
9%
39
Apr
x5% Nov
64% Oct
78 Va Sep 27
34% July 8
July
24 %
Oct
94
2
25.
Apr
Jan
5%
4% Jan
—1
50
(The)
1st preferred
Mesta
2,100
78%:
.
120
"
42 %
Jan
27
700
'
.
60
—1
.
Oct
Jan
108 %
Jan
11% Sep 18
26
Mid-Continent
14,700
A22%,
.,*27
A
Feb
Mengel Co
18,500'
8%
22%
v
;>43/8
"A" 4
,12
A
117
■
Melville Shoe Corp.
1,000 *
,29%,
/A'15%
26% A 27'.?.-A
3%
*70
75%
8% ;
Co
Dec
14
'
6%
:
89
8,000'
.
33%
A' 16%
.
26%
-3%
•
'A
A;'
20
*114
.
8%
?
28
9
100
-2 V4
A 45'%'
;
A *15%
16%
■
4 V-"
*75%
117
•'8%
25% Jun
Nov
12%
27%
67% Jan
1,400
92 %
fl07%1
■
•
-
*114
8
May
22
101
Jun
14
6
10
'
-
A 50% Apr
Sep
Mar
99% Aug
4
120
112
77%"
i5%-:'''
,
26%
27%
*19
7
10% Apr
60'
*316 ;K
Iii6%i
v
*33 Va ■A33%:'»
21% A, 22% A
.
22%
15 »A
.
•
71
11
115% Aug
600
'
16%
27%'
*68
13
8% Jan
4
6,500
A'
;■ 18% A:
' *116% 1T19-f-j
'
35
.
21%
15%
'16%
V3%.
:•
19% Jan
—JVd par
preferred
conv
Miami
108
„
•
21%
16%
■V *21
....1
Nov
10
113% Oct
2
29
Sep 30
16% May 19
Corp
5,700
28%
,116 A'':',.
'
'"
'
;:pf.
7
24
3,200
27%
117
:V78.-a-w
11
77%
116%'
*33-
<•
15%
.">15-%
.'•'7161
Jan
104
Jan
3%
9
17% Sep 21
•
33'
-21%
.
7
Jan
46 Va
76
.
Jan
Jan
13%
Sep 29
18
A 22% Aug
"
6%.
22
11 Va Jan
*
108'">; 108% A *107% 108% 45
'
T 44%' A45%:.
44%
109
26%
Oct
110
9
16
Feb
800
29%
A 92%
,
36
4
Jan
Jan
1,700
AA 160
ivA 6% : A •6%'.'
i: 6%A.:<
A
45%
;
21% Feb
100
176
Jan
Apr
1%
7% May 29
6
A
.36%.
18% '::i8.%aa;
33
A-
170
76
'
*92
:
•(
»,!%:'
116%
7
101
1,200
76
.
■
44%
Ay 108%
20
I.;
8% A
28%
•
112:
:%/ 6%
,
18%
.115%. 115%
-%
Jan
6%
Apr
,
31
100
—No par
"1, $6 preferred series A
No par
$5.50 pfd ser B w w—+—No par
6%
Mead
20
*109%.
108
-
*i09%'
6%' '
"
:
76%
.
115%:
-*116%. 120%
*ioe>io9-7T-
f-'i'.-T
>•
78
A *113
.
*116%'t:120
McLellan. Stores
1,600
*107
'
.76%
108
•
'
30
29 '/a
162
Aug 23
Sep 13
60
13
8%
A 116%
115%
•
*113
McGraw-Hill Pub Co.
2% Jan
6% Jan
70
1 ;-"':.:.i% '.■.;: .2 VaAAl vA'A2%
8% •
AA's 8 3/a
7 %' • A ■' 7 A';
•■A-- 7L ■
29 V*''A 29% A
V
•A *29J/4
29% .29%
"
6?o "
*39%
i8%
-.'"iV 1%
-1%
Nov
26 Va
Aug
19% July
27y2 Mar 26
2
'
95
:: *91%
:.
25%
July 17
176
5
Jan
—1
33%
26%V
■
28% A;
28%
26
Jan
300
6%
;
19 y8 Nov
27
82
291/z
27.A,AA
26%
112
6%
• .
;
18%
7-.rl%.
<*;'■>'i-x; ,V7%7
v
29 %
29%
rZ[. ^
6%
18%
■
34% Dec
19
7% Jun
14% Jan
8%
26%
: A
6%
.
115%
108
*109%
"i *91% : 94%
-*95
•
•
18%
.
6%'::
6% 7:
1
.
H-f'
22% May
32
11
18
114%-
36%
''
/
7
43% July 16
1
Jan
.
Oct
17% May
3 Va Sep
5
3% Jan
10%
33%
AAA
29%
57'a
75%
74%
112
-.May 27
McKesson & Robbins Inc.
'
115%
*107
„
24
12% Jan
'
108
108
9
2,500
.',' 7%"
;
A 26%
26
•
108
*107
12% Jan
23%
*112%
.
8%
28%
28
'
115%
75%
75
■
8
•
27%
-•'115% 116 :
27 Va
116%. 116%
11%
Apr
5
23%
; •
83a
*35% A 37
-126%
/
5%'-'
i 5%
251a
26% '.
28 :r:"-'■>
Vs A;; 28
27%
26
V
5%
26%
V-V 27"%
27 77
27
*26%
'.-i
26%
'"'5%
-
-
.
.i
A;.'-
28
26%
Jan
Jan
Jan
Mclntyre Porcupine Mine3
10%
%"'
114%
33
AAA ?.
37
37
37
*27%
26%
Nov
3%
8%
500
48
82'.'AAA'
*79%
*79%
AA A*69 ■ V A 71 ">AA A' 70 *•
71
7%
■-
2
2% Jun
18% Apr
38% Jan
48
10%
A
29%
14% A 14%'
A
32 % -'.
32
8%
36
35%
26%
23
•
82 A;.:-
*70
■
•
*27%
-*28%
,A
v
•'
48
*47
114%:% *112%
:
>8
7% %
*79%
70 :
31%
8 "
:
8%
*35'A
112%
>
'
82
31%
,A
4%
37
McGraw Elec Co.:
1,000
Jan
Dec
16%
15
165
900":
2,500
.
*106
■28%;
22%
10%
.
83
71-1 8Va "I
16
,
4%
*6%
July 14
..10
800
,
May
May
*17
par
.100
i
100'
112 A
19Ve A19%/,
'. .V" 16
i>A
A.
A 14%
47
ioy8
31%
31%
A'A
5
11% May
% Mar
5
2
22
No par
No par
$6 1st cum preferred
-No par
McCall Corp
——i—,—*
McCrory Stores Corp
;
1—1
59c conv preferred \v W——100
100
34%
.
*108 %
16
28%
*14
14%
112%
/'
*7% 7 8%
*68
*33%
-
A'A-1
112%
A
:
',
*105
28%
28%
*14
*10%
10%
*80
16
111
111
14%
14%
47%
/.
16%
28%
14%
28%
14%.
"2%
Jan
5
31% May
Maytag Co
$3 preferred
4,200
""
28%
•
19
16
A.
112%
*111'
112%
*111
18%
19%
16'A
*31 A''::'34%
.
AA 5%
5
*108% '112 A A. A
19% -A
■*18%
112
.
55
55
..
5';aaa
AAA 4%
33%
*108V2
-'-,16%
19%'1 7'
*18%
7*16%
4%
33%
33%
112
*108%
55 ''
'52%
*170 :v 175
'A'
175
*170.1:
52% A'
4%
4%
*33%
34 % S
*107% 112 77
180 •i
52%
54
J? .' i*5
11
Va
Jan
A
1
Co
'
20%
20%
13% Jan
27% Jan
9% Jan
No par
No par
Masonite
Master Elec
Nov
4% July 14
2
9
9%
8% July 13
27
3% Jan
Jan
35% Jan
21
14% Dec
Martin-Parry Corp
600
21%;
27%.
,
*170
180
'"52%
5- 7-i
*33%
A
1
17
54
*52%
*170
,
1% Jan
131
Apr
Sep 23
19% Apr
1
r
■
'
*170
8
8% Jun
12
,
23% Jan
Dec
17 Va
15% Dec .31
2
Apr
26% Deo
A 24% Mar 6
320
Mar 15
2
A14% Jan
15%
122
,
'
21
Co
600
4-
6% Jan
—No par
38
.
10 A Jan
.100
prior .pfd
Ry 6%
2
...5
Marshall Field & Co
.2,100-
.•
19% Jan
3% Jan
...
Corp..
27%;,
38
37%';" 'r' *37%':A 38:
A 28 .'AA;
28
27%
37 %'
27%
Market. St
3,950
12%
12
Midland
Marine
18,300 •
:
16%
-
16%
4%
■
27%
6 Va '
s
16%
37%'
37%
>>'*27% ^29 "A 77 27%
7;i 20%
20%
20%
■:
A 6
,
"14%
:
14% ...' 14lA "
16%
74%
38
'■
14%
16%
.
4%
'
>-*37%
'
-l-'l
,
2%
*2%
A
2%
5%'-' A 6
.',
12%
12 '
12%
12 I
6 ■
5%
.
*2%
2%
*2%
.
2-
1
...
—
Jan
par
-25
Maracaibo Oil Exploration
>
Co
'
14%
16%
4%
"
.
14%
16%
">
;■
12%
Co Inc
28
,'
par
par
14,900
8%
'
*2%
J
6
138% Nov f 8
37% Jun 28
30% July 15
17
Trucks Inc™u—
11
"10 %
8
July 22
4,100
*286.1 330
.
133
3,300
16% w
"A, 7%
V .10
.100
Mack
2,300
15%' ,15%.
,'--.16%
•
7
6%
10
19%
'
330
*286
v
16%
,
20% Jan
..10
Forbes
preferred
3,900*
•
27% A
27%
"
14%'.:':
14%
.
10
10
*19
19%
-
67/a
6%
7%
10
1'. 2%
20
19
A
6%
10
11%
*286
330
*286
v"
330
■
'-7%' '77%
"10
*
133 Va
35
MacAndrews
100
'
*290
■■'i
*
34%
138
34%
27%
14%
15%
27%
27%
15%
*
■
%•';-,
133 %
34%
34%
34%
27%
14%
34
14 V*•
ii.
*
138
>.*135
138
*135
•
26% A
.*26
26%
Jan
3% Jan
63
Feb
17
Dec
69%
•
Jan
113
•
Dec
6% Nov
•f. 39%
Feb
:;;v
N
(.'I'V,;-, '
%
•i:
>■«
%'"
11%
*28'/4
%
"V
%
■
11%
•
27% •:
26%
27
13%
13%;:
13%
77
717:
9%
7 .9%
""
11 V"'/'.
*10%
10Va~J;
10
10 Va
9%
9%
20%
20%
20%
20%
20%
"
V-'-'l 7 *'18
19
v
170Va
,*166%
170%'
*17%
.
7 •1
119
8%
8%
7 8%
29%
2.9%
:
8%
29%
*18
29%
12%
8%
8%
29%
28%
19
170
7 9o
',
8%
3,800
12%
12%
12%
19%
19% \
14 V4
14%
12 Va
12%
12%
12%
19%
19% 7
19%
>19%
14 %
14
*11%
12 %
.
Nat
*11%
12%";
'.32%
33
•
14
14
7.7
12%
*11%
32 %
.31%
7;
v.
'
*26
:
1
-.'.27'
727;
National Dept Stores
9,200
31%;.
31.7/a
32 %-.-.- -1---,32%
32%
26%.-
26 Va 1
27 V-i
9 Va
9%7
9l/4
,.-i
*85%
*26%
26%'V 7
9% ; 717' 9%
t ""85%
87 7-.' ■."„'
9%
9%
"
85%
""A 19%
AA *140
/ '142 : /;
18%':
"'18 '".;.
'
'
1
•'.'!•
'.
s
A
' "
V
>
51
A
'>
-.80
'■:. '13%
'.
21%
*96'
100
■
-
56-
no a
•
A5.4%
*108 A
V" 28%
.
see
1
'
G.%
57 A
:' 11%
x
'A:";i9r..A.-A
A. 29% A 29% ; '
12
A 57%'- '
57 ,'
*141
25%: 25.%-
page
-
V'
79%
A-
83
84%
5 %■
231*
TT "IJM
84
h
8%-'
.
*96
*54%
*108
29%
,
5%;
*21%
■
110
';
5Va
12.%
A
100
56
,v
8%
-A'
13%.
21%
A 79%
79%
28%"
13
56 ;w
.
'17%
17%
17%.;
*96
;
*108
,
'
,
29%
110
•
•
-
12%
13
96%
96%
-
12%
12%
96%
96%
.
112%
97
13
=
97.
..."
•
A; 13
*94
:•
13V*
97
90% Nov
9%
17%
Apr
14% Mar
60
Sep
18
3% Apr
3
Nov
26
Nov
6% Dec
J«n
72
Mar
14% Jan
13
22
May .27
13%
Dec
17% Mar
Nov
17
36
Jan
4
29 Va
Apr
36
23/a Jan
2
7V4 Jun
7
$2 conv
5%%'
;
preferred..———40
preferred^
100
prior
6%- pi'ior preferred.^.i——100
National Tea Co—;——
No par
;
<■;
Natomas Co
Nehi Corp..
43A%
i
1,100
4,000
19,400
900
;
-
conv
,
10
178 Va July 13
.,
20 Va Dec
Jun
28
5
64% July 14
5% Jan
2
15% May 28
14% Jan-
4
28 Va Jun
57
Jan
5
80% Jun
62
Jan
52
Jan
^
88
—l
16
10% Apr
Jan
11
Jan
26% Jan
10'/a Jan
12%Dec
94% Nov
.
2
12
1
8
146
,
Mar
1% Apr
43% May
4
9%
3%
54
Jan
"Jaa
Jan
Nov
Jan
Oct
May
6%
Jan
Jun
16%
Feb
63
Feb
May
70
Feb
8
2% Mar
4% Oct
4
91
Feb
5%
9%
Dec
5
1
98 % Nov
74% Jan
106% Mar 31
168
129
16 V*
45% May
25 Va Oct
Jan
11% Apr
145
May
2
1
2
i934 July 14
9% Jan
37
Jun
7% May
2% Jan
No par
-—,———-No par
,:—
serial preferred—.100
(J J)——.—No par
5 9c preferred series A—
.100
Newmont Mining Corp—..;
—10
Newport Industries
—.—1
Newport News Ship & Dry Dock.—1
$5 conv preferred
No par
■
27
6
Neisner Bros Inc.——..
300-
Newberry Co
"
17
150
'
7'
Dec
29% Sep 30
11% Jun
4
17% Jan 15
6
J an 12
Jan
8% May"
6
-
-17%f
36
15% Aug
7% Nov
4%
20
13
50.'
29%
29%
'.'"'17%
,'117% A17%'A
17%,
'
.
14
; 12% Apr
3
15% Sep
Jan
56
,
Dec
"9% "Dec
Jari
3,400
A 1
110
*108
V
,
29%
.*54V6
:
Dec
~6% *Se~p
137*
2,700
A 96% i- 96%'
:
.;V
12
.
160
1,100 ;
-
217/a July 23
9% Mar 16
7%
>
,As
14% Jan :, 2
67/a Jan 13
.10
•
5% Nov
20
—10
National Lead Co—.—
170
.
22
——1
No par
No par
X25%Jan
Jan
Jan
2
370,
9,V« A." 9%
'•»
11
13% Aug 23
'
4
1,900,
A
.
A: 22
■
J
A 100:
A *54Vi X56 :
28%
:'
.
3%
9
20
Apr
Jan
-
-"•"13 %5 .14
..*21% ?'-22AA-y p'
22.,,,.
100 "*/'
'26%.'
: 80
v
84A '•84 '
5 %■,'■•■"* 5. Va;
13%
■
80
( 1
„>
.
13
lio
,'80
84 - v 841 :
■
;; ;55Vi ' A:
8%
: 9'%
'
12 V8
166% Jan
16% Dec
preferred A_.—
—..100
A, :6% preferred B__
60
—100
Nat Mall & Sv'l Cast Co
No par
1,800 A
700
National Oil Products Co
4
National Power & Lt_,—t—-No par
51,900
National Steel Corp-——
—25
3,700,'
National Supply (The) Fa.——10
7,400
12%..
A: A -AA26A
25%"".'26
'■
lOVa Sep
.
5% Nov
14
.■
200;'
6%:
58
57Aa-.
24
14% May 10
:—No par
No par
National Gypsum Co—;—1
1
$4.50 nonv preferred—i—No par
9,400
;
"a:'A6%i
140
Oct
70% Jan
210
f;
A- *29%: •30%;
,
—«—;
14
29 Va Dec
5
9% Jan
Nat Enam & Stamping..
4,400:
?,'A 143
'A" 18%:'
:A11% v.'12% AA: AAA 12%;.
,
9%
87%
166 A > 168 "A
A?6.%'''>"
.-6 Va
•;
-
.
preferred.:
Sep
Oct
Nov
19%
Apr
21% Jun
12
5% Jan
12
3
7
13
176
Jan
1
May
13% May
4
Nat Distillers Products
:
400 A
1.19%:- 19%
.
A
-
143 :.AA
*141
'"
;
1
6 Va
■
...
.18
28%
28%
56%
:
A.
-
A.167%
*166
18
_
19% ' 20
,'
-Jr.
142
A-
9%
"
.
142
79%
:'5%.
29%
footnotes
25%
84%
..
■■■..it
25%
,
19%
168
X18
.
12%
.79%'
'■
29'%:
-AA.1^%' 17% '
v"
'12% '13%
"95 Vis
96% '
For
19%
56%" 57%"
'.A
85
'
*13%"
*96
>:•; *108
85:'
168.;
6%
'
"5%':; •■' 5% "
;9%;A: 9%';;
>"*54%
:
28%
:
.
",A21%',21%'
1
28%
,
;t'
'
85%~
'
13%
;
%
"v
:
7,.:
•
79%'
*84
■;A"!
18%
:/,A'l?A>v.
•
•"
A'.■
:
:
:':12%
12%
'./< ~f! * 25 V-tii 25 %'
V;
'"''*11%
>6%' '' 6%
S iJ"
1
19%
>6%.
:// ;;■ r28%A 29 ■ v.
•l;
9% v
85%
-368 • 168 A'f140 A. 142 -A.
A167,%A167% A'
,
•'%>
V
1-9 %
86V2
•
Dairy Products..;
6 9o
100
31 V».
.
Oct
1
Gas Co
National Cylinder
Nat
1,600
26%
-
7i:
"
19Va "s19%
:
27
'
86 V4
r
:
Oct
162
3% July
3% Jan
July 16
23
15% Jan
4
1,600
'
-I
Dec
9%
16%
-
8% Jan
3
6,500
12%
8%
May
May
May
8% Feb
A
Oct
14
*11%
Jan
6 Va
5% Jan
1
18% Jan
Register.
12%
11% -71 7
1, 11%
-
5%
4
Dec
10
No par
Cash
20%
.,.-,1.14
12% July 14
13% July
13
16% Nov
*12%.
..
■
14%
16 Va
10'
..100
preferred
Deo
7
29
19% Apr
1
11% July' 8
—1
—_5
10
1
11
15VaJun
40% Apr
Bond. & Share Corp——No par
19%
7.
:
19%:
"19%
,
Biscuit Co
National Container...
400,
'
'
Corp
National Can Corp
2,900
..
12V4 -.12%
12%
Nat
300
preferred.,
Aviation
National
29 %
8%
conv
6,700
19 17
7
6 9c
National
V
1% Feb
2
2
% Nov 29
'
2,600
10%
,21
29%
13 Va
12 %
200
7'
.
Acme; Co
Nat Automotive Fibres Inc
2,600
29 ;
12%
*12
9%
*166%
>7'.>
National
5,000 '
1C%
8%
8%
X28%
12%
12V4
12%
*12
r 118
Xl8
14
>
6% Jan
23% Jan
No par
—_—5
Chatt &,St. Louis
100
Nashville
200
28 %
'79%
I7.i, 20%
170
*166%
56,500;
9 V*
10
97/a
19
12%
*10%
>,
20% 720%
170 Va
166 Va
12 V4
"9% *: j
7-v.- 10% 710%
11
10
*166%
"7
Nabco Liquidating Co
Nash-Kelvinator Corp
AA 800
1
*%
.7:
27%
727%
.'
147711
113'%:
27 Va
20%
*
>
12%
7-7 13%
■■71 9%
9
9
*10%
llVa
.
1
%
11%
12 V4
27%
-
13%
9 :
11
7
13%
29
..;T3%'
%
"I
12 'A
1'7( 11%
12
:
*
>-
'
-
10
51
11
Mar
Jan
70% May
1
17
75%
Oct
'Dec
57% Sep ,17
28
Apr
39%
Sep
Dec
5
8
104
Mar
110%
Dec
Feb
114
Aug
22 Va
Apr
30%
19 Va Oct 25
7%
Apr
111 Jan
21% Mar 30
15%
Dec
2&K:.
J£n
May' 6
93%
Deo
109%
Jan
37% Apr
102
Monday, January 3, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
20
.
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
Tuesday
Dec. 27
Dec. 28
Dec. 25
t
S
per share
PRICES
Wednesday
AND HIGH SALE
LOW
Monday
Saturday
$ per
share
per
*
share
37
15%
15
15%
15
15%
19
18%
19
18%
18%
18%
61%
62
09%
60%
23%
23%
23%
11 %
13
23%
V
*
13
*11
60%
61%
23%
'
*30%
33%
*30%
128%
128%
128 Vis
53%
52%
*52
54
51
%
13%
.
.
14%
33%
*31%
122
1,500
*119%
13
*11%
15
32%
184
::
17%
53%
16%
16%
>6%
16%
53%
53%
*52%
*52%
53%
*52%
*51%
52%
52%
52%
*51%
*51%
*52%
52%
8%
8%
8%
101%
> 8%
>.
53%
52%
*100
14%
*13%
40
14
.
>39
.*13%
14
>>
18
*13%
Dec
51
Feb
14% Jan
5
10%
Jan
15%
Jan
par
6% Jan
4
13
Dec
21
4
May
6%
Dec
16% Jan
2
32% Dec
14
[2% Apr
16%
(p%
York
Y
>
18%
18
*39
Northwest
18%
18%
12,500
46
46
46%
46%
6
54
Dec
18
>ec
A Jan
4
1% Mar
3
Va. Jan
%
Oct
'12% Nov 30
26% May
7
19
Jun
30%
Jan
38
9
15%
Apr
23%
Dec
23
Jan
5
1,400
'
July
110
Dec
162% Jan
192% July 14
143
122
108
>
Feb
Jan
Mar
Jan
4
Nov
Fe
109
54
Mar
113
192
;
Jan
116% Sep
'
18% July 21
9% Jan
10
8
Telegraph———50
56% Jun
39
39-
Jun
14% Apr
101
6
7% Jan
85%
116% July
15% Jan
19
23% July
36
;
x3% Jan
31
6
14
8
15
6
31%
1
7
■
Sep
17%
Dec
Mar
38
Jan
Feb
28
Nov
110%
Apr
20
Apr
14% Oct
Jan
8%
Apr
8
July 22
45
Jan
8% Jan
2.50
Jan
96
Apr
41 % Aug 18
6
Jail
Jan
14
Apr
Jan
53
;
4% Jan
100
Nov
52%
Apr
Dec
18% May
2
11 Va
Apr
9%
Dec
2
Jan
107
—i-50:
6% Mar
56
29
Nov
91 % Jan
>,
pfd_No par
No par
Norwich Pharmacal Co
100
18%
$5
Lines
Air
,>• Preferred-.
17%
28% Jan
Norwalk Tire & Rubber—No par
400
^
fay
49% Jan
Northern States Pow
40%
13%
1
48% Jan
Northwestern
13%
20
Nov
!
preferred series
;—50
preferred seriesj———50
American Aviation———1
Northern Central Ry Co
—-50
Northern Pacific Ry—-—^—100
3,700
4%
4%
*39
Dec
132
100
pfd
De
132
100
Ry
non-cum
Oct
7
5%%
40 V,
'
Western
Feb
12%
22
101
non-cum
&
May
Jan
63% Jan
RR Co_
& Harlem
North
110
-
——Wo
6%
200
> 20,500
113
:
Dock—
Adjust 4%
30,200
13%'
*13%
14
35
No par
74% July 24
26
May 22
North American Co_^._———
;•>400
•
15
14%.
113
40%
*39
27
2
'
101%
*99
4%
4%
4%
1
.
40
*39
40%
*39
;
113%
18%
*112%
40
4%
4%
*4
>39
8%
*99
101%
14%
14%
18%
17%
31% Jan
-
City Omnibus Corp
60
11,000
17
16%
8%
U41 >
113%
40 V
*39
4%
40 %
4%
*39
8 1
113%
18%
18
40
*39
14
8%
*112%
18%
18%
*100
14%
14 %
113
113
101%
53%
52%
8%
101 %
8%
*100.
v
14%
14%
16%
Feb
100
preferred series A
Norfolk
/>> 940
185 %
119%
16%
16'/a
100
■
119%
182%
122;-
13,400
•
120%
53%
17 Va
>11
—80
preferred
50
N Y Lack & West Ry Co——100
IN Y Ontario & Western—_100
N Y Shipbidg Corp part stk
1
Noblitt-Sparks Industries————5
900
%
>
14%
32%
120%
•
11% Jun
N
270
52
;>■•■. %
182%
..
26% July 23
New
*120
*33
-
122
32%
27
Y
10%
ft
$ per share
Jan
27% Jan
10% Jan
N Y
120
14
33%
$ per share
per share
44% May 29
23% May
6% Jun
No par
No par
Chic & St. Louis Co_—,——.100
York Central
6%
r
129
52
$
5
N
32%
*30%
129
*119%
183
182
184
24%
:
share
,
20
3,800
%
>
' %
,
33%
34%
183
'*119%
~
183%'185
*ft
■
>
14%
*31%
34
*31
%;
■
63
V 37,300
13%
-
ft
14%
62%
52%
52%
51%
V
•
*%
13%
1,400
24
S per
Par
,
.
Highest
12'
New
:
*125
>126 .u
'-".i »
*127
'
*127
19% ;
130
*123
127%;
127
-
*30%
32%
*30%
32%
128%
18%
'
:
Lowest
Highest
•
1942
Year
Range Since January 1
'Lowest
$5 non-cum preferred.—^„No par
16
23%
13 .>
32%
*11%
13
*11
15%
19.
64
61%
23%
*36%
15%
-
19
23%
:
>
;
New York Air Brake—
1,300
37%
36%
15%
:
'i('.
Shares ;•
S per share
$ per share
36
36%
36%
15 %
.EXCHANGE
:
per share
36%
the Week
STOCK
YORK
NEW
Sales for
Dec. 31
Dec. 30
Dec. 29
37
*36%
Friday
Thursday
> 3%
>
Dec
34
Oct
10%
7% Sep
Jan
Deo
O
18%
46%
46%
8%
8%
101%
9%
*32%
*61
64
58
10%
10%
10%
7%
15%
15%
16
;
39%
39%
I-
25%
30%
31%
25%
26
25%
*116%
117%
*147
148%
147
13%
> 3%
3%
3%
» 3%
>
9%
*9
/Q-
;>
2%
2%
,•23%
23%
23%
63%
63%
64
22%
1%
1%
18%
1%
31%
31%
18%
31%
'>
.
'
4% ; 4%
19 Ve 119%
: ■
18%
97%
13%
*55%
55%
195%
f.
97%
97%
14
9%
*2%
2%
*37%
38%
*15
16%
2%
/■V-
9%
:
*15
.
;>'>i5;>
16%
15
55%
14%
2%;
36%
*14%
;;;
; ;
36%
*111
;
>
25%
25%
25%
25%
"
,,
i&
23%
56
56
>
54%
*4%
5%
*4%
50%
49%
56
10%
10%
V5
*4%
.
,
49v4
;
10%
10%
52
52
32
.
55
:>25r
55
*52
33%.
25%
:
32
l-
32
:>
8%
8%
> 8%:
7%
7%
7%
20%
21%
49%
49%
88%
88%
22
22
"
8%
*7%
•
7%
>:•
7%
49%
89
89 '
21%
21%,
21%
20%
49%
49%
49%;
89%
88%
90
21%
21%
89%
21% ; :
89%
21%
21%
27%
./>
■'
>
24%
24%
24%
25%
24%
82
83%
x81%
25%
83
>
25
84%
*108
*108%
111%
*112%
115
97
*92%
127
%
»
7%
■
70
12%
>
;;; 44%
:->v"
91/4
177
187
*183
7%
7%
85
10%
173
•
10%
*165
60
:: 230
10%
10%
10%
11%
1,800
10%
-
9%
v
♦165
*34%
18%
9
9%
*34
*19
9%
11%
11%
11%
♦11%
36%
*34
55%
55%
*118%
119%
*119
13%
13%
13%
13%
13
88%
98
89%
104 %
88%
98'%
105
115
38%
page
23.
88%
89%
98 %
.
97
■
13%
89
98
56%
♦119
13%
88
97
87%
88
74
74,/'
19
19%
/
80
1,700
*19
9%
9%
11%
"11%
12
*11
11%
12 :•
36
56%
120
13%
88%
98
34%
56%
120
13%
34%
57
«•
2,200
120—
220
13%
16,700
88%
97%
1,030
104%
540
87%
114%
113
114%
113%
llfi%
116%
116
116%
*115%
117
340
37%
37%
37%
37%
38
9,700
37%
114%
& Chic Ry
—100
preferred. ..—a.—.—.—.100
840
Pocahontas..
No par
5%
conv
4
68% Jan
24l/a Oct
conv
19% Jun
27%
Jan
6 Ve
Dec
8
19
4
Apr
28
5
Mar
22
Dec
32%
JanV
28 Va
Apr
40%
Jan
49
Apr
76%
Jan
*14%
Dec
30
Dec
1
7%
90 V4 Jun
3
55 Va
July 30
98
4
103
117% Jun
1
3
42% Nov
9
3% Jan
16
26
10% Dec 24
146
Dec 31,
Apr
50
18
4
8
8
68% Dec
6
77% Jun
,
5
7
15% May
182
-
13
30
1%
;
"3
v May
26% Apr
7%
8
4
47%
Jan
Apr
62
-■:
Jun
Jan
30
Jan
28
14% Jan
2
18
4
;
Jan
Jan
17
Nov
153
18
7
6
14
4
.
July
Jan
; 70j *'« Feb
10% Jan
.153 > July
21
Dec
92
22
74'A Dec
14%
21% July 16
11%
Jun
5
15%
Jun n ww
23 V* Apr
13
Jun
.•
1
13% May 29
Jun
4
40% Jun
3
13
3% May
5%
.
..
58
Sep
17
123
Feb
13
115
6
17% Apr
5
75% Jan, 20
96 Vt Oct
5
Jun
Feb
Feb
,
Jan
18% Oct;;
5 V4 ' Jan '
8V2
.
Jan
8%
Jun
6% July
.22%
7
11% Jan
33%
.•
Jun
: Oct
10% Dec ,17
11% Jan
4
Jan
29>/4 Jan
52%
122
Oct
Oct
Jun
14%
Jan
Mar
86%
Jan
73% Mar
x99%
9%
62
Jan
85% Jan
2
107% July 20
96% Jan
4
114% July 20
79% Mar
111
Jan
108 % Nov 30
129% July 15.
99
Mar
123
Jan
Aug 18
111% Mar
116
1
20% July
—4-
.100
Pub Ser El & Gas pfd $5
.No par
113% Nov
18
No par
26% Jan
2
Pullman Inc
6%
Jun
6% Jan
——.No par
100
100
Jan
May
20
GVa
Feb
5%
,58
16% Mar 29
Feb
Dec
Mar 31
6% Jan
——
Oct
6% Jan
68
Jan
10% Nov
175
48 % Jan
preferred..——
38%
V
,
165
114% Apr
7%' preferred
8% preferred.
Oct
Feb
75
20
Nov
Sep
May
3%
52% May 12
168
Dec
>> 4%
Apr
Dec
29
Oct
Dec
19%
Dec
—No par
6%
.65
.
4% July
56%
pfd (ser of Feb 1 *29)
100
Pub Serv Corp of N J—
No par
,
3%
May
Jan
150% Jan
Jan
.
46
.15% Jan
42
$5 preferred
80
Feb
56
7% Jan
Nov
9
.
May
Apr
24
24% Jan
5%
.
110
Jun
6% May
65
43
79
Dec
107% Mar
,
165
7
July
90
;
Aug 31
10V4 May 11
■
Apr
May
165
6% Jun
4
Jun
9
Jan
170
168% Nov
3
175
3an 21
5
27
Mar 30
9
4
■
Jan
8
7% May 20
25
597/a Jan
7
Jan
102
3% Feb
May
26
Jan
4% Jan
'
26 % Jun
113
July
Jan
■
6
23
July
9 Va Feb
Oct
Jan
Feb
14
14
36■
7%
Jan
100
Jan
Jun
51%
5
Jan
4
>
Dec
Dec
> 30
29%
17
34% Jan
2%
Apr
7% Feb
Jan
Jan
'> 47%
Jan
15% Mar
•
Feb
Nov
23%
■
Apr
%
Aug
May
79 Va Jan
.
36
27
"•
25%
25% Sep 23
20
18 % Jan
15
108%
'
Jan
16% .July
20
91% Sep
14
Feb
4
May
Jan
Jan
18 >
22
104% Nov 29
109 % Jan" 7
:
May
18%
X51% Sep 30
•
28
13% Jan
.
11
104
.
5
t,
29% Mar 29
2
..5
50
...
1st preferred
2d preferred
Procter & Gamble..
5%
Jan
•
8V» Jun
.
30
No par
.1
Pressed Steel Car Co Inc
:
18
Sep
2
Jan
Jun
10 Va July
4
Nov
44
Apr
26% May
20
; 18% Aug 23
No par
Poor & Co class B—
Dec
■:
Dec
82
41% May 20
27
12
70
1%
IVa
32;
29
18
58% May 20
Feb
No par
preferred
...
1,360
97
*104
Jun
;
•
8
14
16 Va May
5 % Jan
5
No par
100
B% preferred class A—4„
100
5%% 1st ser conv pr pfd—>.100
;i iPlttsburgh & West Va—4
100
Pitts Y.oung & Ash Ry 7% pfd—100
Pittsto'n Co. (The)——
.1
/. Class A preferred————100
Class B preferred———
...100
Plymouth Oil Co.———.——5
■
200
Dec
56% -May
20
59% July 23
•6% Jan
59
Pittsburgh Steel Co.—
:
7% preferred class B_4
3,100
>
60
7% Sep
Jan
No par
Pitts Screw & Bolt——.:
2,700
114%
115%
7%
19%
9
Oct
Apr
61% July 14
•
34 Va Feb
102
Nov
44
17% Mar 26
5 Va Jan
71
1%
4
113
28 Va Jan
'37
17% Mar
:
29%
45
1% Feb
20"
■;
Jan
9% Oct
46% Jan
23
>29% Dec,
Mar.
13%
3% Mar 26
% Jan
19
Jan
6
20 % July
6
13
Oct
Jan
2 Ve
/
Apr
13% Aug
ft
17%
; 17
May
29
100% Sep
6
100
preferred—4—,—100
'•
;
Dec
60% Mar
.
13
>
Oct
NOV
19%
6% May 22.
-
Oct
——-.4——100
Pond Creek
19%
105 V*
115
38
56%
120
36
,4,400
610
19
'
100
series
•
.
74
•
4%%
,
.
10%
104%
104
37%
36%
173
10%
104%
104%
114%
115%
37%
55%
115%
115%
115%
97%
104
9
8%
*11
118%
57
♦19
HVa
.
11%
11%
■
19%
:
1,920
89
74
18%
118%
56
10
88
73
,
*165
173
9%
86
11%
.
49%
59
18%
*11
90
48%
73
12
36%
.
49
59
18% ■#,
y,
19%;%
*83
48%
70
*19
>
1,400
32
May 20
>19% May 22
July 10
Dec
:;> 2%
: '? 38
101;
Jan
3% Jan
3
Corp—
Pittsburgh Forglngs CO—...1
4,300
7%;
58%
90
11%
.
88
-
1 Va
-: 1% Jan
—5
No par
11% Apr
8
'•■14
com
Mar
2% Apr
v
,51% Dec
preference com.—.No pur
$5 conv
•
r
2
July
90
Jan
106%
Jan
Apr ;
Dec
8%
Sep
i>
20%
2
Corp——1
10
Pitts Ft Wayne
58
18%
9%
9%
*11%
*11%
see
7%
*84
6%
500.
4%
4%
70
19%
*18%
footnotes
4%
82%
84
186
7%
18%
w
*183
186
Co.
101
:■■■•■
4
•
"
Oct
11
Pitts Coke & Iron Corp..
10
"12%,:.
Oct
Oct
27
Deo
14%
16% Nov
—.——No par
Electric
6%
17
-1% Jan
•
Pittsburgh Coal of Pa—
177
7%
7%
85 ;
.
*170
177
4%
4%
173
8%
u:
12%
Oct
; Nov
9
Apr
30
Jan
par
11%
7
7
72% Dec
80
Plllsbury1 Flour Mills—4——.25
Pitts C C & St Louis Ry Co..
100 '
2,200
48%
v
Vvi'.v 57%
■■•>:•:
10,
4%'
>>
4
>•
"
•■■■
Jan
12
No por
Co
Preferred
:
.
3,100
7%>,
70 :
*69
-
12%:
*183
48
-
70
-
81%
18%
For
12%
91
91
*73
•
70
12%
$1
6,500;
66
64%
7%
7%
70
7%
y
66
7
186
10%"::
9
>;
•
/Phillips Jones Corp.——No par
7 % preferred_4—w———4-4.100
Phillips Petroleum—
No par
; Phoenix Hosiery
—
—5
1
5%.
Jan
1%
22
27 Va Jan
16
Jan
par
Philip Morris & Co Ltd———.10
Preferred 4%% series
—100
120 ; i;
5%
5%
64
7%
*104%
120
•5%
64
-
*82%
58
*165
*104%
5%
106
22
Jan
.17% Feb:
Philco
500
120
1% Mar
5%
8
July 12
24% Sep
/
1,600
24V4
*170
48%
58
10%
146gJ
>23%
177
•
48 >'
173
10%
146%
23%
.
10%
*165
,
:.i
146%
*170
->•:
58%
49%
48
*58
10%
;
*82%
87
*81%
'
7%
1,800
t
23%
*11%
4%
7
9,300
10
164%
*183
4%
■■•if
46 " >
10
10
23%
64
>
4%
4%
45%
-
146%
•-">
•
189
*181%
46
10
10
/
:
23%
5%
;
>-:>;
44%
10
*104%
12%
*1.70
45%,
164
*98%
Nov
32 Va Apr..
Preferred
400
11%
11%
•
V"
4
23% Jan
2,200
146%
•
>
.
12%
99
99
11%
99 '
148%
45 V4 Dec
108% Jun
115
*112%
..
11%
11%
*95
•V
7
7%
•
>•
70
:>: >69
*163% 173
■6 A... •*!>*.
115
65%
7%
*69
*69 r,
*12%
*112%
6%
63 %
•"
115
*11%
120
6
68%
.
>7
*112%
23%
*110%
6%
»
135
23%
120
*104%
*109%
9%
120
'
23%
*23%
111%
45%
8%
10%
10%
125
*108%
97%
•45%
2,600
25%
Apr
113% July 26
2
preferred———-.100
Phila
11,800
w
12%
*94
.
45%
45%
115
*11%
170
5,300
24%
24%
:
990-
82% > 1.1
121
IVa Jan
2.50
; Pfeiffer Brewing Co—
No par
Phelps-Dodge
Corp.————25
Philadelphia CO 6% preferred.^-.SO
$6 preferred
.No par
23,800
iJ''»325>. 25%
83%
n'.€3.%
111% J .,>109% 111%
111%
>112%
11%
11%
24%
'
'
24% :
24%
24%
>:■■■ 67"
'
•
24%
6
'
Jan
11
17% Jan
Mines—.1.
Petroleum Corp of America
•
>y 500
21%
49%
:
Nov
•
19
15% Jan
.
6,900
■>
34
Apr
Nov
101
11% Oct
33% Jan
Pet Milk Co
■
20%
>
24%
*24%
'8
49%
84%
O
>
20%
■
49%
y; 900
8%;
8% y
; *7%
7%' '
,>
100'
;.Pepsl-Cola Co———44———-1
Pere Marquette Ry Co
:100
? 5% prior preferred————.100
H> 5% preferred—
-4.100
27
*25
,
8%
,
.
34
20%
21>.:;
24%
/
;
27
8%
600
55%
'
33%
:>>
49%
*88
20%
%
; 55
54%
33
*25
8%
8%
7%
;
54%
33
*25
28
*25
"
V?:
;
;
*>;!: y,
900-
10%
10%
■"
*53 Vi-
*32
800
15.700
51%,
51
Oct
24%
'
Nov
Jan
43% July
20
$7 conv pref ser A
No par
Penn Gi Sand Corp...——No par
5 %
; 1,000
5%
5%
5'
5
v>
Oct
"
.Apr
Apr
Pennsylvania RR_—— ———__50
Peoples Drug Stores Inc.——4—5
Peoples G L & Coke (Chic) ——-100
Peoria & Eastern Ry Co—
100
::
-
200'
.
56%;:
2
>:
t200:'
-24
*55%
21
74
17% July 15
5
>7% Jan 16
Coke Corp..
Coal &
'
*22%
Vv
24
56%
51
>■;>;
49%
10% > 10%
49%,
31
/
10%
; *22%
*55 >
.
Consolidated
Utah
Penn-Central* Airlines
1,000
23,000
23% Jan
1
Inc...———
; 1,100
16%,
>
2
Va Jan
Oct
Oct
16
>
9
6% May 10
2
4
2
2
Penn
26%:
;
12
Transportation.—.No par
Patinq Mines & Enterprises——10
Penick & Ford—
...No par
.
26
25% .26%
24
1
51%
*10
25%
*54%
.
5%
51%
;■;;
*; *22%
23%
53%
23 %
*22%
■
23
3 Va Jan
9 •,> Jan
Jan
Penn-Dixie Cement——No
'
■■■,
Park
Tllford
Penney ,(J C)
7,100
37%
160
35% Jan
s:>. 700
2%
16%
:
*111
,
2,000'
:
.9
28
4
Jan
25%
Apr
13%
119% Sep
Dec
15%
22%
2
25
8%
6%
•
Jan
20
Jan
Dec
v
28% May 24
Jan
91% Jan
57%
^
7
Sep
Mar
48
4% ,Apr
Apr
9% Apr
■
27% Dec V
..
16
20
20
Decv
143%
Apr
"Jun
6% Mar
6
29
45 V8 July
33
>19
147
Dec
43% Apr
July 23
25% May 20
5
105% Jan
Parker Rust Proof Co—.
400
-
23% Jan
Jun
42
55
16% Jan
31% Dec
4Va
17%
xl6%
2
July
; 13% Apr
Maris
pfd.100
—1
Parmelee
2,800
.
14%
.37%
16 %
v
'
14
■•••;
2% v
:
13
10
preferred————100
Pictures Inc.
:•— 1
conv
&
Inc^
;Pnrke Davis & Co—^•— -No
'
6,100
97%
» : 9' >
»:> 2%:
9%
9
y
55,
/ 97
;
-
19%.
1-55
96%
Park
1,100
4%
18%
13%
.
*111
;
*110%
*110%
: 37
;
96
L
j
2%
37
19%
-55%,
•-
9%
2%
37%
37,
96
13%.
13%
9%
2%
,
55%k
;.
3,100
18%;
4%
4%
18%
..
.
13%
13%
9%
9%
s
31%
Z 14% Jan
15
13% July
2
5
5
——No par
P L 5.60%
Prod. & Ref—
Cos
Paramount
.
5,100.
-.1%;
*18%
4%
4%
40-
2,400"
30%
18%
19
96
v
31%
18%
4%
*55%
y
.
1%
31%
V.
Paraffine
21,600 ""
1%
1%
Panhandle East
Panhandle
•;
64%'
64%
7% Jan
6 Va Jan ;
23 Va Jan
:
Airways Corp.——5
Petrol & Transp..—.—5
Pan-Amer
105%;
24%:
23%.
63%
>61 ;>
18%
■
-
24%-
23%.
:
31%
31
Z*
>>■:
18%
4% ;>;>; 4%
19
.•;.i
18%
4%
55%
*55
1%
:
*104
105%
*104
62%
1
1%
•: 18%
1%
30%
♦18%
1
>
23%
60%
23%
63%
64
Jan
•
280;
43%:
43 v*
"43% ••
12
;
79
132 > Mar
8
18
54% Jan
Car-—No par
Motor
Sep
Apr
67% Oct
22
Pacifhf Western Oil: Corp——10
1,000
500
par
154
15
Jan
Jan
Jan
■
2
.38
Jan
6%
2% Apr
•11% Mar
7
>
12 Va
30%
Jan
59/
9
46
PaciflCyTin Consol'd Corpn_—..1
.
100
;>
.—.—No
Dec
105
Apr
Jan
2%
17
31
28% Jan
Teleg.^.—-_100
preferred
;
—100
Pan American
2%.
.2% y.
142
5
par
Co.—12.50
;
Packard
;
no
rllO
2%
Glass
Mills
19,100
io
10% Jun
21% Jun
Telep &
32,100
;
32%
*9;"
;>■
110% >
*43%
105%
*104
105
105
105 %
♦104
6%
60'
3%
.
% Jan
•
Pacific
800
,\.£
31%
32%
2%
13
3%
:
;■■■: 9
*109%
,
» 13
3
15% Jan
No par
__'_No
Co
Pacific
,
3,900'
4 Yi
4%
'
3%
v.
9 '
43%
i' *43
;
148%
£ *148
4% '
13
31%
,
2%
2%
43%
43-re
"•3%
*109%
2%
2%
43%
43%
10
>
31%
*9
110
109%
110
*109%
31
900-
1,000
>;c. 50!
26%..
us
'
4%
32 %
;
.
vyv>'
4,900 V
:
40
39%
*117%
H
148%
Xl48%
*12%
9%
31%
32
31%
*116%
3%
3%
3i
yy 26-;
26
117
4%
13
.
30%
-
*25%
13 %
4%
4% ;
4%
13%
16
40
40
,
148'%
148%
148
4%
31
;
25%
116%
116
13%
4'%
h *13%
30%
39%
25%
■
116
*12%
; 30%
39%
39%
39%
116
>'■
X30%
90
360
> /
Jan
i Pacific Amer Fisheries Inc.
8
Pacific Coast Co——...——10.
•1st preferred non-cum—'—No par
-. 2nd
preferred non-cum.—No par
Pacific Finance Corp (Pal)—10
•Pacific Gas & Electric—
;25
Pacific Lighting Corp..——No par
650
.
69
10 Va Dec
3% Jan
.—No par
>.41——100
preferred—'^.
Owens-Illinois
1,100;
29 Va Jan
Outboard Marine & Mfg_.-J>-
5,000
8%
*12%
16
;;
17%
conv
Outlet
42
17 ;>
16%
6%
:
60
100.
it;;
.
♦39%
42
16%
'
i6
*12%
30%
*12%
16
30%
15%
15%
15%
Otis Elevator—
>
"58%
''8%,
8%
*39%
.40
*; 40
40
'•39%
15%
i
4,200
;>'64;>.'M.r
11 /•
11%
7%
33
58%
58%
10%
8%
39%
*12%
64
>61
-200
;(»>■
152%
33
*61
58%
39%
/;
34
par
6
100
(The)—...
preferred A—
Oppenheim Collins——....
8 %
6%
21 Va July 19
50% July 2
11% Jan
«__No par
—
Equipment; —_JVo
Farm
Omnibus Corp
380,
•
19 V\
*150
151
58%
58%
'/ *7%
8%
*7%
j; 18%
I:
150%
Oliver
>.
9V4
*32%
■
>-64->
*60
*9
18%
18%
34 '
,
57%
11
*10%
151
*32 J/4
64
*60
■:
59%
58%
*150
34
>
Ohio Oil Co
47,700.
7
■
103%
9 %■
9%
8%
4 18%
18
151
>32%
;■
34
•'
18%
"150
151
*150
8%
9%
>■ 18%
18%
18%
.'!<■
j.a8%
.
10%'
9%
103
102%
102%
102
V
9%*'
8%
8%
*101%
102%
*101%
101%
*8%
;> 8
8% '
8%
•
>'.■ 45%
45
46%
45%
"
18%
17%
18%
18%
18%.
122
,
40% July
28%
Oct
Nov
159
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
RECORD
NEW YORK STOCK
,
Dec. 30
:
*109%
*109%
112
16 Va
111%
16%
101%
101
'19%
19
19%
19
19
19
19
%
*13
13%
13
13
13%
13%
10
No par
.
5%
20 Va
197/a July 19
3
114Ve July 22
2
107% July 23
80 Va
I per share
Apr
90% May
92% Jan
par
13% Jan
2
22% NOV
.10
10% Jan
4
15
2
No
Highest
per share
14
104% Feb
Quaker State Oil Ref Corp.
500
Jan
100
conv
*
13%
II
Year 1942
Lowest
t per share
-100
preferred
w.
preferred—
Purity Bakeries Corp.
600
20
(The)
6%
200
.*13%
101%
"
102'
102
Pure Oil
13,800
-
I per share
Par
111'/a
*109%
101%
101%
101%
101%
101
15%
*109%
16%
111%
15%
16%-' 16%
16%
16%
'110% 111%
Range Since Jannary 1
Lowest
Highest
Shares
'
16 Va
Range tor Previous
STOCK
EXCHANGE
the Week;
I per share
I per share
I per share
I per share
S per share
} per share
•
NEW YORK
Sales for
Friday
Dec. HI
Thursday
Dec. 29
Dec. 38
Dec. 27
Dec. 25
STOCKS
tow AND HIGH 6ALE PRICES
Wednesday
Tuesday
Monday
Saturday
21
;
7
11%
Dec
106 Va
Dec
Jun
92%
Dec
5
9% Mar
14%
Nov
July 26
8% Mar
10%
Oct
R
ill
'
"
•
■
i
•
>
9
v
%'''
70%
X
"t ;
■
>-'
77/a
7%
69
<
%
9%
70'/4
;
96
96
27%
"
9%.
8%
8%
99 V»
100%
:';i
101%
A'
■
''
13
*27
27%
*26%
>
29%
6%
48
•
12 H
>-17%
12
6
.'
84
\i
15
13%
29% >
29
29%
16%
-
15%'
16%
33%
'
'
V ;
17-
16%
86
*82%
■
.'•'
■'.*
8«/4
8Va
16%
16%
;
8%
'
*
17%
."
87
*85
86'
*85
,
6%
6Va
•
:
60
*60
-
>
io
10%
10%
10%
•"
>
87
87%
87%
87%
--
8%
;> 8%
10'/4
>
-
87
:
>•
62
10%
8%;
-27
27%
■
*36%
'9
>
-
\>
9%
•
*13
•
-
*
A
9% >
13%
■'
27%
>36%
•
13%
9
*13
14
26%
"•
8%
9 Va A
6%
21%
19%
24%
24%
24"
13%'
13
13%
6%
*24%
1
13 %
~
43%
44
45%
29%
28
29
A
•
27%
24%
6%
19%
24%
f
13%
13%
47
j
v:-
*46
•
28%
27%
28%
••
r
29%
;
%
%
!
:
112%
7
7%
6%
•
-,
40%
*104
104%
38
37%
105
*104
38%
112
*111
112
110-
*108
110
109
6% ^
38%
40%
V
■A 7'
39
i'
*111
112
*108;
;.
109%
2%
2%
2%
2%
88%
89%
89%
90%
16%
16%
16%
17
13
13 Va
13 Va
61
60%
60
62
i:
12%
12
12%
73
12
*72
*,
*62
.72 y4
72 %
:
12%
9'/a
9%
9%
;.i-
9%
49%
26%
26%
25%
26%
25%
3%
3%
3%
3%
3%
25%
25%
26
25%
-A-26%
24%
23%
10%
11 Va
-10%
38 VB
38%
37%
16%
16%
16%
*9% "
•
>■
9%
11
:
,
11%
38%
39
16%
:
16%
3%».
/•
27
A.
,
30%
30
31
24%
24%
25
38 Va
38%
17 Va
.
12
V 3%
3%
27%
27%
*27%
28%
28%
28%
3%
3%
35/a
2,200
12%
'
3%
22,500
12%
3%
7"
149
*141-
149
28
28
27%
29
29
29
*141
'
♦28%
27%
*28
-
28%
29
8%
23
22%
23%
A
14%
14%
14
14%
14
14
14
14%
14%
14%
7'.
24%
23%
24
23%.
24
23%
24% 7
24%
24%
'
20%
20%
19%
20%
19 Va
20%
20%
21
20 Va
21
40%
39 %
22%
V.
-
41
56
*53
4
4
40% -•.41
40%
53%
*53%
3%':
*4%
5%
*4%
*51%
54%
*51%
\
3%
54%
*51%
5
7
'25%
vA
*37%
*37
57%
57%
59
*57%
5%.
54
34%
34 Va
60
60
*113
115
*113
110
*109%
110
29%
30
30%
30
%
%
.
42% "42%
53%
54
38%
.
iff
■
•:■' %
6%
40%
42
41%
42%
37
37%
37%
37% 7 i,
33 Va
32%
54
53 Va
53%
53%
38%
27
22
64%
64%
*28%
9%
64
64%
7%
7%
14%
14%
14%
57
57%
57 Va.
*122%
5%
5%
18
*70%
19%
*30
125
*121
5%
5%
5%
.
18%
71%
19%
5%
5%
"17%
17%
70%
19 V/
*29%
31
14 l/a
*57 Va
*121
124
5%
71%
19%
31
64
.
I
64%
.
11%
5 Va
5%
17
*70%
19
*29%
14%
58
124
5%
9%
15%
15%
16
7%
8%
8
14%
57 Va
*120
5%
5%
5%
17%
17 Va
73
■:
*71%
15
14%
*57%
58
124
*120%
5%
5%
18
73
19%
19%
20%
31
30
30%
5%
.
8%
8Va
8V2
*8%
8%
8%
27%
27%
27%
27 Va
27%
27%
9
27%
Mar 23
,112
Oct
25% Apr
109% Aug
106% Jan
39
Dec
116
Jan
26% Jun
1
iO'/a
4'A Jun
10
1%
Dec
7 59% Jan
90% Dec
30
18% Sep
25
113% Dec
Apr
Jan
2
10 Va Jan
r 9
Jan
13
7
54
Jan
4
8% Jan
20
64% Jan
••
.7
5% Jan
No par
.-
17 Va
4%
Dec
3% Mar
43 % May
62%
Jan
;
Nov
11%
~
Dec
6
8
Apr
10% nov
73% July 26
52
Dec
60
66
17% July
preferred
Jan
10% Jun
8
5
'45 % Sep 22
11
15% Nov
30
Jan
-———No par
23% Nov
19
Jan
19
15% Jan
2
10% Jan
.
2% Jan
16% Jan
Lines—__5
20 Va Jan
2
.
tr ctfs
Spencer Kellogg & Sons—..No
7Sperry Corp (The)—
Splcer Mfg Co
.—;
No
$3 conv preferred A
—No
25
Oct
66
30
18
6% Sep
Nov
par
Dec
—I
23% Nov 30.
par
par
32% Jan
18
:
'
17
11
28
10
70
July 31
17
29
117
Aug 20
110
7
Sep
13
6
42
July 14
Sep ,27
25
100% Jan
7
116 Va July 13
'
'.
'
'•]
'
30
40
10% Jan
28% Jan
28% Jan 12
46% Jan
2
37% Jan
4
Si Dec
———
-No
Sun Oil Co
(4%%
Jan
9
par
28
5% Nov 29
Jan
2
■
25•
,,58% July 30
7% Jan 12"
4% Jan
2
„•
14% Dec
5% Jan
Oil Corp^_—.——.
Co
-
II—10c
_No
——
Sutherland Paper Co—
600
Sweets Co of Amer (The)
par
25
100
10
12%
25
31% Jan
4% Nov 30
3% Jan
2
Feb
113
Jan
89% May
110
Jan
Jan
A
Sep
% Apr
6% May
%
2%
Oct
0%
Jan
Oct
Apr
1by*
Jan
Mar
29 %
Pec
Apr
29
21
30%
47
Dec
45 j/b May 26
25%
Apr
Apr
40
Nov
60
1
Sep
9% May
5
1
7
14
July 12
Xl7
Sep 29
10% May 7
66
Dec
Dec 30
31 Va Mar 31
May
14% Jun
31
22% Dec
34% Jan
42
62
5%
Apr
Jan
3% Mar
4
3%
43
116%
Apr
Jan
Apr
Apr
8%
Dec
Nov
4%
Jan
~6%
Nov
6'A
Nov
55%
Jan
128
Dec
Sep
Oct
29
7% Apr
1
3% May
57/b
Jan
May 28
11% May
15%
Jan
9% May
16%
Deo
Feb
26 Vb
Deo
6
22
82
2
49%
Apr
109 Va Aug
6
2
22% Jan
Jan
114
18
23
14% Jan 20
26% Jan
4
4% Feb - 1
12% Jan
58% Feb
40%
Jan
38%
20
130
Apr
Dec
Jan
45%
8
May
63 Va Mar 30
48% Jan
122
108
4%
38% July 14
44% Dec 20
15 Vb Dec
5% Jan
_No par
-100
cum).
2% Sep
29% Sep
27% Jun
2% Mar 13
5
8
Webster
Nov
'■ '
13
prior preferred——
July
17
31% Dec
115 Va July
21
—-20
69
24
Dec 30
NOV
107
,
Feb
Dec
Jan
64
6% Mar
1
3%
Aug
Mar
22
38 % Dec
5
3
37
Jan
112% Nov
•
Oct
50 Va Mar
60
8% Sep
4
5
—
39
Sep
49 V Jan
10
Feb
Mar
Jan
Jan
109
7_—I-1
;
,
Apr\
Jan
Nov
18%
,
49
33•
L S—_No par
Jan
1% Nov
31
12%
18 Vb
Apr,
Jun!
30
1% Jan
Standard Steel Spring
1%
21% Nov
Sep 20
35% Jan
25
Jan
Apr
35% Mar 15
GO
3
25
Jan
44% July 24
5
2
May
56
—.7— _No par
preferred—. No par
preferred-—. .No par
Standard 011 of Ohio
26%
144%
17%
17% Apr
21% Dec
2
Standard Oil of New Jersey-
Jan
Jun
122% Nov
34%
Apr
6% Jun
A Jan
Standard OH of Indiana—.
Jun
49% May
35
25
2%
15%
Apr
30% Apr
61
.No par
Dec
1% Mar
14
12% May
23% Jun
Standard Gas & El Co——_No par
Standard Oil of Calif
Nov
10%
10
6
preferred
—
,-100
Squibb (E R) & Sons—7-No par
7;
$5 pref series A
No par.
$4.25 preferred —7-——No par
Standard Brands, Inc_—--No par
$4.50 preferred
—.—No par
Jan
15 Va
9%
14% Sep
4
Co——T
20%
Apr
6Va Mar
9
>
30 Va May
Jan
conv
Swift & Co
Nov
,15% July
7
2
2% Jan
preferred—No par
Mining
Dec
27
30%
14%
Apr
21% Jan 26
33:
8;
6
149 Va July
719% Jan 13
15% Jan
15% Jan
16
30% Sep
2
2
2
—.——
(The)
Jan
17
Xpr
>9%
1Q
July 15
Apr
6
5
11
21% Jan
.
39% July 16
29 Va Dec
15
Sparks Withington————No par
Spear & Co——————l
$5.5) preferred—
No par
Rights;.
7% nov
1
25 V4 Jun
..." 15%
2
.Jan
132
100
,
6
Starrett Co
Dec
nov
24% July 19
16
9
Square D
9%
11% May
20% Aug
May 29
28 Va Jan
Ohio stk
$4.50
Apr;
-
22% Aug
&
—
Spiegel Inc
8
Xl3 Vb July 14
10% May 21.
Railway
&
5
IS % May
73% May
15
Iron..—20
Steel
200
2,700
16
98
27% Nov
Superheater Co (The)
Superior OH of Calif—
Superior Steel Corp
*8%
Feb
May
2
Class A pfd
3,300
Dec
78
21
Sunshine
31
21%
Dec
Studebaker Corp (The)
21%
Jan
Apr
28
68,100
20
Jan
12%
2
3,100
♦29%
Jan
17
16 % Jan
12
Sunray
Jun
,19%
115
Dec
44
no
Apr
Dec
107% July 24
43
Feo
1
15
May
105
104
x9%
44% Dec
12
36 % Dec
111
17
16% Jan
15%
400
Jan
96
Sep
——No par
Stone &
72%
19% Jan
,
12% Mar 26
6% Nov 30
Aug
10,500
72
114
Sep
Sep
Sep
Jan
29%
47% July 24
7
.7
35
ro%
sJan
5
4%
8%
8,500
Jan
105% Jan
2
5% Apr 29
Mar 8
13
Jan
Nov
Jun
Stokely Bros & Co Inc
5%
34%
:
2 Va
5,600
200
May
7
3,700
58 "
Nov
5
10
124
23
36% Mar 30
Dec
13%
5
non-cum
5%
21%
47% Nov
2% Jan
12%
300
Feb
7
May
34% May
9
5
Sterling Drug Inc
Stewart-Warner Corp
16
8*2
2% Jan
'
16
1
28
50% Aug
727% Nov 30
—,-1
Coalition Mines
4,900
27%
23V
2,000
Oct
18% Jun
4
Jan
Nov
6% Nov
35
5%
8%
page
400
28
6
Jan
,
18%
18%
27%
see
6,700
•
7
11% Jan
43
9
Jan
Apr
5%
*8%
footnotes
64%
20% Jun
■■
Apr
3%
10 Vb
18%
27%
For
2,336
6%
>
30% May
13,100
u
1
19% Dec 31
4
9%
>
6% Apr
V
6%
9% May 8
21% Dec 28
20
10,100
29
2
11
37%
*28%
5% Jan
30
43
61/
r,
17% May
42 Va Jan
5%
31
July 19
8
Oct
$4 preferred
6,400
12
Jan
Jun
$6 cum prior
$7 cum prior
23,100
14% Oct
9
,7
Jan
9
Jan
54
Apr
31% Nov
Oct
27%
*20
2
Jan
Jan
5%
57
7,300
4,600
39% July 21
Apr
3% Mar
29
2,100
33
32 % Jun
8%
85%
75 Vb
,4
2%
i37%
2
4
Oct
Jan
14
36%
1
6%
9%
.
5,000
Jan
r,
74
31 % Jan
36%
is, 32%
29
11%
7%
%
40%-.'
9%
15%
6,200
111
54%
11%
7%
~"l6
77,
Va
41
9%
15 Va
110
54%
11%
15%
14
-
115
■ 30
40%
9%
9%
57
7%
64%
:
11%
11%
7%
-
64
400
54%.,;":
%
*28%
*
.".ii
33 Vi?
6%
6»/4
29
*15%
16.
*15%
6 Va
28%
11%
9%
9%
6%
28%
64%
11 Va
11%
,;A .%
%
6%
;
.
39%
39
40
11% July 18
7%
129% Mar
17% Jan
42%
V:
32%
7:
15% July 19
93% Jun
1
2
—No put
No par
preferred
Conv
:
Jan
Jan
(W A) Pen Co—1—No par
———15
2%
.i
2%
33 Va
31
'
6%
28%
iff
2%
"
61
,,*109%
.
7 35%
36
111%
4 :.i 28%
*110
2%
38%
•
•.
35%
'
28%
IS
%>
'
29%
111
*110
112
A.A IS
37%
53%
39%
38%
110
*110
35 Va
800
7
85 V4 Jan
930
*113%
115
2%
42
> 32%
33%-
60
110
29%
54%
*59
35%
37%
32%
,
*113
29%
7,200
lllVa
■
-'''V
41
37%
"v ,37%
.36
•
110
2%
■
35%
60
115
29 Va
•
2%
V..
37
1
60
30
6%
35
35%
111%
*113
>
'»
<•>
%
%
>;
2%
2%
*36%-
112
*110
112
*110
x35%
*111%
*109%
115
*109
34 %
111%
60
•
7
53%
53%
53
200
6Va
6
111%
35%
*111%, 115%;
60%
5%
6
53%
53
53%
34%
34%
115%
5%
5%
53
,
*111%
60%
28%
59
5%
14,100
59
25%
37 „vi
5%
500
:
38%
*57%
■
28%
26%
38%
37
-
i
10
.:
28
28
25
37%
*57%
200
AAA.
25%
27%
26%
37%
^
5
;
Jun
78% July
54
May
6% May
Dec
4% Apr
64% Apr
4% Mar
Mobile
6,500
52
28
28%
25%
*57%
53
5
7
2
Jan
100
5%
■•3,500
.86%
4%
Jan
——No par
preferred—100
100
25%
*26%
26%
57%
'
4%
52
5
54%
33%
25%
4
4Va
5
38%
33%
'
53%
Dec
7
Apr
Jan
;>?:
——_No par
Southern
55
4
;
13
7 % Jan
Southern California Edison^—29
Southern Natural Gas Co—7.50
Southern Pacific Co———No par
.
2,100
9 l/a
6
12% Sep
No par
34,800
2,200
100 Va Mar
20
No par
16,100
41
54
3%
■
5%
*37
'■
40%.
*53 V4
4
-
54%
*4%
*51
22%
23
56
40 Va
'
40
*53
22%
22%
227/8
23
-
Jun
70
Feb
South Porto Rico Sugar——No par
1,000
Sep
28
Feb
Socony Vacuum Oil Co Inc_——15
South Am Gold & Platinum—,——1
149
*141
149
*141
149
7'
88% Oct
70
.—5
Southeastern Greyhound
400
29
29'A
29
23%
>
•'^7.,
3,900
•
*141
A
:
4
98
Smith (A O) Corp—7—
—10
Smith & Corona Typewriter-No par
1,600
25%
3%
712%
3% A
3%
31%
25 Va
7:
1
13%
5%
119
*94%
101% May 24
Jan
Dec
Nov
Jun
—100
No par
100
5
5
100
No par
-No par
No par
.1
Skelly Oil Co—
23%
31
25 Va
12:
12 Va
12
12%
12%
*23%
23%
31
6
71%
49
Jan
2%
14
*>',
Sloss-Sheffield
$1.20
2
Jan
20
Sinclair Oil Corp———No par
,
Jan
Feb
38%
v
24
Slmonds Saw & Steel—
_
27
10% Apr
6
20% July 14
5 % Dec
Simmons Co—-7—:
23,200
Oct
74% Dec 23
3% Jan
——«;
Silver King
3,150
25
93
4
29
Shell Union Oil
2,100
17
'
•
30%
V
Dec
100
preferred—
non-cum
Sheaffer
.
200
17
*23%
23%
23%
30%
24%
12%
•
*23%
*23%
Dec
,13
Dec
Sharpe & Dohme—
$3.50 conv pref ser A—No par
Shattuck (Frank G)—
— No
par
7 2,900
■
38%
16%
16
7Va May
X55
Mar
Nov
7
5,200
11
38%
23%
-
23%
non-cum
Sharon Steel Corp
20
24%
16%
10% Mar
5
Jan
Servel Inc
•
1,200
10%
37%
31
23%
*23%
'
31
'
6
May
19% Jun
Dec
Dec
-
7 Va
Jan
77 $5 conv preferred-:
5.100
24%-
11
20
Va
Sears Roebuck & Co
100
<■
'
26%
.
*23% ■••24%
10%
.22
Dec
A
Seagrave Corp-
'
-
Apr
6
1
—
7,300
^
-
50 Va
25%
A' 3%
26%
10%
■
I
12 >A
25%
-
140
7
*48Va
:
3%
23%
*23%
24%
*23%
26
3%
25%.
7-A
9%
50%
>25%
-
3%
25%
.
-
Va
9
49%
26
11
1
Seaboard Oil Co of Del—
7,400
:
73
.*72
*48%
9 Va
9 Va
50
*46
50
*46'%
63%
12
>
'
>.'
86% July 27
13% Sep 20
1% Mar
•
4,300
1,700
v
13%
63%
v-v.
A:
17
nov
3% Mar
,
1,200
Sep
3%
2
Schenley Distillers Corp
•
5V2 % preferred
Scott Paper Co_
$4.50 preferred
7
$4 preferred
600
90%
13%
73
*72
7
" ■•••:.'17
.
63%
12
-
'
50
A
2%
; :
Nov
23%
tf
-
"
'
>
110
21 Va
89
13'A 713% 7
12%
:: 112 ;
•
♦2'A
17
73 •:
1,100
,
28%
1% ,Jan
Jan
•
16,300
300
21 Va
2%
22
89%
;
41% 7.
'
*20%
■
13,100
.
39%
*108
A,
>7
21%
23% May
20
May
5
2
i
Dec
Nov
70
4
Jan
12
26% Feb
Jan
20
..
Dec
*
.15%
% Jan
Safeway Stores
5% preferred
Savage Arms Corp
2,000
106
39%
*111
110 7
20%
1
"
*104%
106
17
12
;
44 Va
40
89%
*72
5%
Deo
Jun
100
preferred——100
JSt Louis Southwestern-
7
22
7%
-34% Feb
10
—
'
60%
>
6%
,
Jan
23% July
11% Apr
V
5
:4 V* Jan
No par
; f St Joseph Lead
fSt Louis-San Francisco—
7
■
7140
21%
60%
: 1,200
'7; 110
•', 13
„■
5"
5%!
"6,600
•
$2.50 conv preferred
;
7 4,600
•
f
'
44
13%
■
17
:
5%
,
17%
89%
89
>
No pa»
J
Dec
15%
5
42% Jan
Co
(The)——^
54 %
39
69% Jan
Company
Rustless Iron & Steel Corp—
120
.
Mfg
Jun
Nov 23
Jan
12
——^—10
Ruberoid Co
7 2,900,
•A,V *110%" 111% >
;
7%
7 .7.1 77Ay.'-- 7
6%
13 Va
•V
:.f
47
47
Ritter
Dec
34%
Aug 24
80
8
,,
Is Va Jan
.
Richfield Oil
500
143/a'
'
*3%
44%
2%
2%
•
Jan
Dec
59%
3%
4
Jan
6
.
————
1
Corp——7—.--No par
7-—-No par
Roan Antelope Copper Mines—.—
Royal Typewriter———————1
Rheem
1,000;:
•
21%
22%
*2%
t
8
'
1,500
110 y4
*104
Ay 39
39%
;
112
*111
*107
-,
38%
38%
*111
22%
14
.
5 ;■ Ai
44%
6%:
6%
38%
'
6Va
■vV'"! %
110
5
24
conv
■
'43%
104
38%
■
°/8
....
*3%
110%
39%
104
y
V:-; *5%
5%
43%
A 110%
7
38%
40
%, 5%
5 %•
110%
110%
%
4%'
*3%
44 >•'
44
43%
43%.
*110
%
•
4%
"
5%'
6%
*5
•'
%
*3%
4%
Vv- *3%
•
Jun
6% Dec
20
■
Saratoga RR-—_100
Inc—.^..1.—
—1
Common
300
: 25
V;: 29%
29% ;:'V'
..A.;''',
2',-'3*2:'A"s
:
AAV % Av%
'■
Nov
30
14
.
2,300
19%
19%
*
:
;
:
.
13%
25 A
'
%
%
V%
.
2,300
10,500
13
6%
.
•:
,:V;, v
47
>
>
>13 >
13%''
•
*6J%
-
35
22
,
10
9V4- ■J. 9%
?
pfd—100
.
310.:.
37
13
'
19%
6%
22% May
•
2,400
A.-'.'.
28%
37
•
*13%
24%
2
20
66% Jan
.
130
V
10%
'
13%
•1; 9%
9Va
*13
21
■;
*46
H
•
;
'•
-
13 V*
45%
29%
1.
-
-,
;
'
;
;
6%
*6%
21%
25
*6%
-
*12%;
9 Va
14
39-
26
32
714
—No par
95 %
preferred
100
73%
6% conv prior pfd ser A
—100
5%
Revere Copper 6c Brass
„No par <
76
1% preferred-.—.—
^.j^IOO i.
59%
5% %
preferred—-.7;
77100 •
7%
Reynolds Metals Co
_No; par 7
•'v 5%%
conv preferred-—
—100 - v 80
5 Va
Reynolds Spring
;;—-—
<
25%
Reynolds (R J) Tob Class B^—10
120
87%'.
8% A- 8%
&
Motors,
6%
4,200
-
86%
'
28%'
*36 Va
-
13 V*
12 Va
8%-
27%
39
*13
-
8%
i
63
*61" '
87-".:.-,"-.
86
8Va
:?
39
-
*12%
12%
,12%
•
27%
26%
»;
*36%- 39
"V
8%;
V
15% Jun
6
Republic Steel Corp_^
100
82%
"10% '
v
10%
'
'
v
7
6%
Reo
20
*.
;
86%
82%
81% 1 82%
62
10%
86
v
'V-
62 %
:
6%
6%
-
81'/a
*79-
81'%
-
60 '
60
60
•
6%
:
6%
*79
81
& Co 1st
Rensselaer
2,600
21,700
17%
102
;
*85
87
'
7
'
17
*100
.
(Robt)
630 •'
7,600
'
8%
8%
102
*100
7
3% Jan
•
200
15%
'
8Va A
16% '
-
102,.:
*100
29% Jun
26% Jan
No par
—....—.10
Remington-Rand —
.1 >"
Preferred with warrants
,*25 <i'
A- 300-
18 Va
73%
.
2
22% Jan
Reliable Stores Corp
Reliance Mfg Co_
500
•
86%
•
Rels
>1,940
*
6%
6%
.78%
12%
18%
72%
72%"
72
■
*12
•r
15 Vm' •'••15%
*83
86% ' "
14Va
■
51 %
V
12%
18 Va
*12
83%
•
•
-
-
*
*17%
71%
-*49Va
'
100
100
.87
14%
70
8%
v
;
18%
83
•
:
'
8%
12
Jan
v
-
Preferred———
100'
30
14% Jan
;
—5
:«v--_100
Hosiery^
101% Dec
5
Apr
2
-
50%'
47%
•
Silk
7
11% Jan
26% Jan
.
,
Real
1,000
6%
*85
"
"
1,400
46% Mar
1
21
.—^——25;
Reading Company.*.^——50
4% non-cum 1st preferred
_50
4% non-cum 2nd preferred—._,50
1,300
•
2% Mar
2
54% Jan
No par
1
:
Rayonler Inc
$2 preferred
4,300
27%
'
*6 :'
'
47%
15
*32
'•
6Va'
*82% 100
.
■',? *26
26
•
6VB
100
*17%
•
15%
26
-
*
'
~~, ^
Raybestos Manhattan
300
33%
16Va
y
12:
-
73%
.
6V4
46
•
84-'-
72%
102
*85%
13%
*31%
25%
*80
12
>83%
-
17%
^6% •"
*101
28%
*28%
-yr-.-
13%
*29%
':
33%:
6%
■
18%
15%
15%
28'-
13 Va
16%
25%
.<-*
■
•"•73%; 73%
»' 8% '-'
8%
•
■:
12
-
-
50%
46%
17%
*83
*27%
29%.
*31%
'
r
-100
V
50%
•
:
-t
100
6
*80
6%
•
-
15%
33%
>>
"
29%
>■
"<
26-
•
-
15%
*25%
34
26%
*80
29%
*31%
16%:
*25%
^
r
13 V4
13 Va
•15%
■
*31 %«
■
■
13 %■
•
'
29%
29%
■S '■ *15% "
'27%.
■
13
13%
•
3,200
4
71% Oct
10% Jun
Jan
'
Radlo-Keith-Orpheum
>—1
6% conv preferred—^-j-,__100
46,500,,
V
12% May
2
59
>
"1,400
4
3% Jan
4% Jan
Radio Corp of Amer
7
No par
$3.50 conv 1st preferred—No par
66,800
70%
70 Vr
-
•-
-
8%'
100
9%
;
70%
:8%"
•
Va
28
9%
-
70%
,
7%
7%
-
•97'
•
A
9%
' 9 Va
\
70%
i
96
97
*96%
9%
'
*70
7%
7%
9%
•>
9%
70%
*
18
7
32% July 23
33
July 24
12% Jun
5
May
27 Va NOV
19
17%
3% May
20
Sep
4% Aug
25
Jan
^
THE COMMERCIAL & FINANCIAL CHRONICLE '
9 per
f per share
31%
6%
6
*6%
41 ¥2
4
49 ¥4
11
49
4%
4%
34%
15 ¥a
15
15%
13 ¥2
13 ¥2
50
50
50
50
5%
*5%
'
7 ¥9
7 ¥4
*42 ¥4
"
34%
34 ¥4
34%
'
¥2'
13
1%
*1%
l3/4
1%
*18 ¥2
19 ¥2
18
13 ¥2
133/4
13
13%
*18
9%
10
6,400
Texas Pacific Land Trust——.—1
7 ¥4 Jan
7
13
¥4 July 14
13 ¥4
99%
24%
25
24 %
24%
24
24 3
48 ¥2
49
48%
49
48 ¥4
49
8¥a
19%
18 ¥4
19
12
"0
11%
ll7/8
11%
'
8%
/ :i
3
22
21%
22
28%
28%
28 Vb
*99%
99%
99 V2
51V4
9¥a
-
21%
29
9%
v
8%
■:■¥
100
6 Va
,.
6
6¥s
68
69 ¥a
8%
8%
^
115
113%
115
*114
112%
*112
79%
79%
80%
79%
*114
*112
9%
79%
79%
113%
112 %
'■).
79
*112
112%'
V
19 "V
93 Vz
18%
19
18%
110
92%
94%
91%
;
91%
■;■'/•
9
100
100
113%
*111
112%
112%
112%
18%
19
19%
19 %
3,400
94
94%
94 ¥4
9334
933/4
27%
27 ¥3
■
64%
*64%
23 ?
1
1%
*21%
1
1%
33%
34
115
24 %
74
%
185,300
20%
20%
*112 ¥4
64%
66 ¥4
64%
900
4%
300
5%
-
1%
13%
13%
13%
13%
14 %
*94%
95%
95%
95%
6%
5%
5%
50%
50%
8%
8%
>8%
8%
25%
25%
25%
26%
25%
74%
74%
74
51
; 74
vl-..'
-4
Drug Co——1.
27 ¥2
1,000
75
74
75 ¥4
75¥4
3,100'
.'United
2%
4%
4%
4 3,8
8%
8%
15
14%
14%
72
72
72 ¥4
170
*168
*14 ¥8
71 ¥2
170
■
*14
'//.;■ 71%
>
*8%
36 ¥4
35 ¥2
36 ¥4
35%
4%
4^8
36 ¥2
36%
36 ¥4
36 Vt
*4%
4%
4%
4V2
9 Va
*9
5%
■
¥2
5%
9
*9
31 ■•/■
40%
40%
363/4
37
1%
130
42V4
5%
9%
1%
1
9%
*6,300
/
41 ¥2
37 ¥4
37%
:
38
1%
1,100
"
2
2
1%
100
900
.
./? 4,900
42 Viz
43%
43 ¥4
42 ¥4
130
129%
*130
132
,*130
53 ¥a
53 ¥0
52 Va
53%
52 ¥4
72%
,.,*72 ¥2
73%
*71%
73 ¥2
54
53%
72 ¥a
43%
8%
400
54
non-cum
;
50%
50 Vb
50%
121%
121
121%
121V4
12 IVY
51
50 ¥»
121 ¥4
50 VV
51
22 ¥2
22%
22 Va
22%
49%
47%
22%
-
22%
47%
122
1213 a
*46 ¥2
122
48%
46 VY
?,;•
1,800
:<■■■
2274
*
46 ¥2
.?•
No par
—-J-.100
Preferred
i
No par
U 8 Tobacco Co—
2,500
25
7%,non-cum preferred-
80
7
Sep
May
10
2%
2 ¥2
2%
2%
2%
72 ¥2
14%
3 V'4 -'
*31%
72 ¥2
72%
*13% ? 14 ¥4
3 ¥4
3 ¥»
*31 ¥2
;??
*68%
69
*68%
166
*162 ¥2
14
69
68
166
73%
14
14 ¥a
108
*3 ¥4
3%
33
*70 VY
71
*162 ¥2
166
3%
31%
31%
v"
69 ¥2
¥2
.
70 ¥2
/
-70 ¥2
166
*162
166
,
400
V'
Universal
7
50
22% July 14
May
16 3/a
Dec
102% July 16
63 3^
Jan
85 ¥4
Nov
20
74 ¥2
Jun
28% Mar 30
21 ¥2
Aug
40
23 7%
Jun
y36% Jan
89
Apr
104% Jan
■7 7% Apr
.203/4 Dec
97
7
Oct
.
7
May 27
3
114 ¥2 Jun
33% July- 8
ii Dec 30
~9Ti
114
7
2
.»
17
1
37
Jun
3
16
;
50
-
7 8%
'
17%
173/4
17%
Z17%
17%
17 ¥2
17 ¥2
'
18%
18 VY
18%
'
93/4
9%
*36
37
*36
119%
*117
9
*117
9 ¥2
9 VY
37
36
*117
119%.
*40 ¥4
42
*40%
63
*60%
63
*60
64
*61
66
40%
42
*60 ¥4
9 ¥4
9 ¥4
*36
36
>
*117
119%
*40 VY
40%
*9%
9 ¥4
9%-
37
*36
37
118
*117
1
118
**40 VY
42
%
•'
"
10°
/■'•
•
>
; t;::
••
of Am
20
Feb
7,18
fir Oct
Dec
Jan
15% Sep
11
Dec
Jan
30
66
8¥a
Dec
Apr
/7~3%
Nov
50
Jan
6
¥4 Sep
33 ¥2 Aug
3
July
9 ¥8 Jun
4
Apr
1%
24
9
July
4 ¥2
22
96
Jan
32
,
3% Mar
5
8
25 3/a
Jun
76% Sep 21
48 ¥2
Jun
.72 ¥2
11%
Apr
:16¥8
Oct
2% Sep
2 ¥2 Apr
4%
Feb
5%
Dec
35
Apr
;
2% Dec
10
Dec
23
100
7
—
5% Apr ¥6
13 ¥4 May
4
99 ¥2 Dec 23
19
77 ¥3
July 13
75 3/4 Oct
17
May
87
159
64
*60 ¥4
63
*60
*60%
63%
*61
63
66
.«
*62
'66
•'
34 ¥4
x42% July 14
24 ¥2
Apr
34 ¥4
Jan
73/4 Apr 26
2¥«
Apr
4 ¥2
July
7
/Fan
"14% Oct-
99
Jan
114
19% Apr
8
7
114 Oct
8 Va
8
Jan
'
*21
21
21
21%
V'a
4¥a
4
51%
51%
*50
51
21%
•••
3%
4
4
116 ¥2
*115
116
116%
¥2
40 VY
40%
40%
*38%
39%
*38%.
39 3 8
*34
34 ¥2
40
110
*102
34
*102
*147
*147
34
110
—
-
493i
*115
21
21%
4
4
50%
116
-
50%
115
21 VY
-21
4
4¥a
53 ¥s
53 VY
115
115
2 IVY
1
/
non-cum
—
-1—100
100
preferred—
Uhemical
9% Jun
10
22
9
May
26% May
29 ¥3
42 ", July
44 ¥2 Jun
2
20
32%
37% May 25
;/
27 ¥4
Dec
Dec
46 -Jan
4
.64% Jan 13
473/B Jan 7
112
Jan
8
20¥eNov 18
42ys Jan
4
51 ¥4
Jan
74
Nov
1
58
71
Jan
553/4
Jan
39 %
110
<
39 ¥4.
41%
39%
39%
*39 VY
40%
*38%
40
-No
34 VY
*33%
34%
33%
34
400
Va Iron Coal & Coke 5%
100
*33%
*40
*102
*147
110
—
102
*147
102
__
*102
'
50
_.
110
*143
20
-
Jan
13% Dec
27/s Nov
30¥«Nov
56
,
Virginian Ry Coj
6% preferred
Vulcan Detinning Co
6
5
23
16
17
13
59¥*Jan 15
Jan 12
46 ¥4 Sep
20
13% May
Dec
29
54
.
Apr
107 ¥4
July 19
125
Mar
44 ¥4 May
59% July 15
Jun
Apr
5
15 ¥2
50 ¥4 Aug
6
393%
II93/4 Jan
Apr
%r
29
pfd
100
25
25
100
:
100
Preferred
%May
3% July 19
3
Oct
4
24
Jan
46% Jan
1%
Oct
1
Oct
34% May
60%
Dec
12
July
15% Nov
7
41
May
165 ¥2 Nov 27
142
Apr
88.
Oct
27
3/a
.
120% July' 2
6 ¥4 July
Apr
2
40 ¥4 July 16
> 75%.
July
153^ Jan
4
7
12% Feb
*
1-
14 ¥4
253/a July 15
87/b Jan
120
Mar 15
40 Va Dec 29
51. Jan 22
57
Feb 15'
115
2¥4
39
115
20 ¥2
27
Jan
•7 ¥4
25
19
37% Oct 21
25¥2Jan 11
4
Jan
5
Dec 30
Jan 14
Jan 14
29¥4 Jan 2
80
Jan
8
113
Jan 26
div partic preferred—^—100
Va El & Pow $6 pref^
—No par
6%
~
41 ¥2
Dec
1 .; Mar
1033/4
par
Vft-Carolina
*40 ¥2
Dec
30 ¥4 Aug
Apr
¥2 Aug
3% May 10
5
20¥a Nov 18
1,600
■
Jun
July 19
3 7 ¥4 Apr
Jan
5
Victor Chemical . Works-
500
5,000
4VY
54
115
5%
Sep
7
/
••
5
5
Vicks Shreve & Pac Ry-
Dec
6% Jan
'41
1
44 ¥a Nov
61
v
Oct
152% Dec
••'
—100
Vick Chemical Co
Dec
May
150
—2.50
i
——Y,
*'
'■'•J-'
'
■
Jan
64
174%
May
4% Apr
10Ve Oct 29
Feb
"11%
40 ¥4 May
20
181% Apr
Apr
6 ¥4
•
62
.
'
*60 VY
.
Feb
Jan
30
29% Dec
6
35
130
No par
Van Norman Co———
Oct
Dec
8
>/
par
100
Van Raalte Co Inc
7% 1st preferred
'
No
preferred—
400
'
42
>
2,100
*
,
Laboratories^.Inc———1
_——————No par
Vanadium Corp
6,100
Oct
58 ¥2
May
'
2 ¥4 May 10
6
Jan 16
Nov
Feb
113
11
353/, Sep 29
4
8
Feb
30
104% Mar
Jun
69% Jun
X26
81 ¥2
•
Mar
22 Va May 12
8
Jan 8
Jan 29
Dec 15
Jan 17
Jun 17
Jan
Preferred
Universal Leaf Tob—
Jan
;
8
Jan
$6 conv preferred;
—No par V,
Universal-Cyclops Steel Corp—
_1
•
900
*30 ¥2
i 3%
Y.
Nov-
2
,71% Jan
%.Jen
1
5
f
900
3%
*162
4
73%
32 V'4
3v*
*31
8,800
United Stookyards Corp—;
.United Stores class A——>
1,400
2%
14
13%
1'-"
2%
73 ¥2
*72 ¥2
72%
13%
32 ¥4
*162 ¥2
;?
2%
2%
23/4
/?■:
2%
2%
72%
3 ¥4
32 ¥4
2%
2%
2 ¥2
72%
3
*2%
2%
*14 ¥4
■
2%
23/a
Dec
113 ¥2
•
M
Jan
83
100 ¥2 Mar
19
Dec
9 ¥4
..
Apr
108
Apr 29
46
Jan
7¥»
58
Jan
25¥4 Jan
50
-
U S Steel Corp——
30,000
51%
22 3a
23
22%
47%
47%
51,
Nov
7¥a NOV
Jan
101 >
—50
Ref & Min—;
200
26
114% Oct
* 9
Aug 23
29% Jan 13
29% Jan 13
7 32
Jan 15
JaQ
2
10 7
100
Preferred
1,600
,72 ¥2
28%
'
2
4
108
'
*71%
•
6
4 * 4.
1st preferred
U S Smelting
' Oct
783/4' Nov
'
5 ¥« May
2
Jan
Jan
7.V.'
*
sUS Rubber Co—
13,100
132
,v V-
July
5 ii X118
~
—
•
Jan
Jan
13% Jan
¥
—
7¥a;Aug
Jan
11% Feb
30
—No par >/V
•/
263/4 Nov-
1%
59
99
Dec 31
3¥sJan 4
4% Jan 6
84 ¥2 Jan 2
.;
•*'
Jan
21 ¥1
86% May 27
' '16% Jan
7—1
Preferred •
_10
,,U S Pipe & Foundry—
-20
Y U S Playing Card Co10
U S Plywood Corp——
1
U S Realty & Impt——No. par
Lines Co—
19 ¥4
/ Nov
'
1
2
5¥aJan
Prior
U S
16
18
?
No par
-
Jun
Jan
13
L IP/4 Jun 10
23% Nov 30
60¥» Mar 9
2 Vs Jun 16
Partic & conv cl A.—
No par
preferred—,—,100.7-
V
10
6,100
31
*40%
73 ¥2
*47%
■
-2,200
/
.
:V:r*.•••■,'7'
42
42%
•
30%
,
41 ¥2
37 ¥4
37
??
9
,31
U S Leather Co
Oct
Dec
18% Jan
U Jan
U S Industrial Chemicals—No par
,
1,700
6%
*40%
53 ¥2
50%
—
U
.1,700
113
6%
9%
*9
31
■
41%
37
12834
5%
53¥4
121 Va
600
i/'TTT-
16 ,/
16
*111
6 ¥4
*72 ¥2
-
"'/:
9
5' i-'-Y
5
113
*111
31
30%
*46%
1%'?
1283/4
427/a -433/4
H CM OO
.
15 ¥2
15%
?:
111¥2
;.
*9
%
30%
1%
.
15 ¥2
15
111
6
37
37
.v.-
15 ¥4
113 Va
40%
,,?■ ,;.i%
*
14%:
30%
303/4
4%
■
■
*lll¥a
6¥a
*40
—
■'
113
6
—
U
,
,.
71
Nov
Jun
9% Jun
Jan 18
'
15%
15 ¥4
-"'V'
35 ¥2
4%
40
Dec
2 ¥8
7%
773% Jun
•
173/a Jan .5
-
Co./
Dec
-
9¥#
S Gypsum Co—
20
59
7 % preferred,^
——100 7 168
S Hoffman Mach Corp—
5
53/i
5»/2% conv preferred.;
i—50
39%
43 ¥2
8%
43%
,
1,300
■.■?■/?/
¥7 preferred
U S Freight
.1.100
■:
'
*41 ¥2
8%
*41 Va
*111 ¥2
73
170
8 ¥2
8 ¥2
43 y3
35
73
*167
43 ¥2
8 ¥2
*41 Va
'
72
170
8%
8 ¥2
43 ¥2
-
■tl■
15 ¥4
15
72
,
: 450
*41 ¥s
*8 ¥4
*41%
i—.
3,300'
170
72%.
170
*168
V 170
15
9 ¥2
*97.%' .99
1
16
100
United Paperboard———10
U S & Foreign Secur—
No par
$6 1st preferred
;
No par
5
1,400
9 ¥4
9%
97%
14%
Z
14%
8%
97%
98
4%
5
8 / Jan
ex-distribtion_
United Merch & Mfrs Inc
110
434
4 3/8
5
Jan
• ■■■•
-
No par
—
United Gas Improv't
2,000
99
Fruit Co
123/4 Mar
5 ¥2
-
34%'July 14
6% Jan
.
170,600
29 %
99
2%
4%
"
2%
28%
99%
2%
8%
8%
97%
98
2%
29
29
*99
43 a
:
—
6%
18 ¥1
Jan
56%
4
243/4-July 15
4% Jan
67
...
7 United Electric. Coal Cos
-5
United Engineering & Fdy———5
991/2
97%
280
*26%
28%
4%
700
:
6 3/8
26%
2%
43 ¥4. Jan
-'Jan
3/4 Mar
May 25
101
7% Jan 4
94% Dec 27
Corp———1 ??? 2% Jan 7
;
-100
38¥»Jan ,4
26
99%
9
9
.—5
26
28 %
99%
7
Nov
preferred ———i-No par
$4.75
2,400
29
4%
99 %
United
/United Dyewood
Preferred
8%
75
¥a Jan
7% May
/:7-
^"r" **.*>.y': •¥■Vi
'/*7 *
/ v.*. "1*. * * •
;
■v?'. 8 ¥4
99%
*8%
Jan
99
JNo par
$3 preferred
8%
?;
34
8
93/4 May
'25
No par
Corporation——No par
United
300
51
90
5%' conv*preferred—L——100 f1 109¥2 Jan
2
Carbon-Co
;
No par
55¥2 Jan 16
6,400
95 ¥4
434 May
8
7
par .»>*••,.
—No
■
493,4
28%
2%
Co
8
99%
2%
6 3/8
51
'
49
$%'
99%
2%
14 %
14
*943/4
63a
6%
49
49
29
2%
29
*99%
V
.
51
•
74
■
6%
8%
6%
*5%
Dec
May
"
8 3/4
8
/United
11,100
95%
5
—_
Air' Lines
Rights
United Biscuit
•.'t
54,600
34%
13%
94%
97
;
4
6
4
United-Carr Fast Corp
1
34
*94%
14
94%
7
5
253/s July
/ 79% Jan
6
.24% Jan
8
x24¥i Nov 30
/
93 ¥2 Jan
4
;;
173% Jan 20
A Dec 30
preferred—i
100
Transport—5
conv
United
:-v'"
13%
100
—No par
i.
/United Aircraft Corp
*
lVa
34%
33%
July
16% Apr
«
x76%
y 113
105%
T
15%
80 ¥4
preferred-.——100
non-cum.
Union Tank Car
1,100
;
23
*22
23
*213/4
/./, 1
1%
34%
Feb
Mar
31 ¥3 May
42
;—25
$4.50
Union Pacific RR Co—
115 ¥2
*63%
23
...
5a
10%
50
10V« May
Jan
/- a
No par
Union Oil of California.
.
12,100
20%
65
33%
34
•**
102%
23%
*112%., 115%
20%
20%
*112
24,600
27 ¥2
101%
/V-V/ fir
■:... 20%
157/a
Jun
22
<
Nov'
Jan
8
343/4 Mar 31
it
pfd—No par
series
Preferred
600
■
24%
23 3/8
l¥a Nov
8 ¥4
14
,12% Jan
.
Union El Co of Mo $5
1,000
?
101%
*101
23%
27
27%
26%
27%
101%
23%
Jan'
'
Union Bag & Paper
-LNo pat
Union Carbide & Carb—£—No par
3.500
27%
26%
■.'•ii Mar
i
/
85
69
<./•.'?
Elliott Fisher Co—No par
Under
:
10
92%
93%
101
10
103 ¥a.May 26
•? 6% Jan
preferred—_i———No par ?
$4.50 prior pfd
No Par
Twin City Rapid Transit——No par
7% preferred—
—A.—10Q
Twin Coach Co_ ——1i;,
4.800
V??.
—1
$1.50
30
27 y.
20%
*21%
23
1
33%
113%
93
113 %
64'/2*
66%
*21%
114
27%
23%
20%
*112
113
*64%
*113 ¥2
92%
100
18
40% Jan 20
>
$6 preferred—
—
No par
Truax-Tr^er Corp—Y——-No par
20th Cen Fox Film Corp
-No par
6,300
IS
20%
20%
*111
.
23%
23%
23%
793/4
27%
27%
26%
27%
26%
100
-1,300
79%
92%
-
Dec
4
5
3,100
,
28
*27%
9 3/a
27¥2
5 ¥4
'Mir
27
400
.
52%.
91%
91%
28 V8
91
*27%
Sep
Jun
17% July,
94 ¥2 Jan
*11% Jan
■/ 1% Jan
400
-
80
•
33/4
153/4 July 14
.15 ¥4 Jan
2,300
!
.
:?
10
93
_
4
13,400
9%
18%
93%
187/a
*51
51 ¥4
ZQ 9%
9%
Jan
343/4 Feb
30
12
634 Jan
,
50%
9%
51
50
Jan
Corp—Z-i-i———.—2
Tri-Contlnental Corp__l—
15,900
,;
/>/■■
/%?
69 ¥s
5 ¥2/
68
8 %;.:■/;
100
99%
99%
5%//
Dec
4%
93/4 Jan
Transcont'l & West.- Air Inc——_5
1,400
22%
28 ¥4
68
7
.
263/a Jun
3
Mar
52 ¥a
Apr
'
16
Transue & Williams Bt'l——No par ;
9,800
87¥2■:
29 Va
99%
3
Jan
33/4
May 27
Jan:
Jun
2 Vb May
41
4
,
Oct
9 ¥4
42
Nov
23% Dec
Timken Roller Bearing-— -No par
Transamerlca
5,200
/?■;; 500
.'
-
8%
8%
22%
8%
51%
9%
9%
,3%
8%
8%
■
*85
86V4
85
'
Sep
15
July 23
34% Dec 31
¥
'1% Jan
10
Detroit Axle—
Tlmken
4.300
3%
28%
5%
51%
51%
3%
21%
*67 ¥2
8%
//
8%
18% .:
12 ¥4
28%
5 ¥2
8%
8%
18%
12 ¥4
21%
68 ¥»
68
67 ¥2
1,080
'
.
12 ¥2
8%' '' :
26 ¥4 Feb
24%
Jan
5
Jan
2 ¥s July
8 Va Jan
(J R)„—
—-25
Products —_-—No par
Dec
¥7 6% May 24
Jan
*
8 ¥4
■
jt-
8%
8 ¥a
18%
88
*99 Viz
99%
5 ¥2
5¥a
5 ¥a67
9,100
,
.
.
400
/-4,800
25% %
48 ¥2
2,300
;■•
28 Va
28 ¥2
■'
ThompsonrStarrett Co——No par y
$3.50 cum, preferred
_N< par .
Tide Water-Associated Oil
10 7
$4.50 conv preferred——_No par
■'
21%
/=■/•;/
21%
3,100
100 ¥4
•V 3 ¥4
3¥»
.
Thompson
7:.
.
'/•■¥'
18%
11%
8%
8%
8%
/•
-
8 ¥4
Thompson
*
■
i//
133/4
48 ¥2
.»;■
'
*11%
•
18 ¥2
.
*86
88
*86
87 Viz
8%
3 3/ 8
3 V«
3 ¥4
3 ¥4
*86
18
11%
:
8%
8 3/8
8
8%
8%
8 Va
'
2,200
V
2
25
48 ¥2
3
Avenue Transit Corp-No par
Third
2,400
:;
19 ¥21
13%
,25
49
Dec
Apr
7%
9% Sep 18
33 ¥4 Jan
_10
Oct
8 ¥2
34%
8" July 12
Oct
37 ¥2
May
4%
22
95
Apr
5
28
Jan
Apr
Oct
28
8
Oct
Jan
,
2,200
12 ¥4
100
48 ¥a
;..i
4
$3 diy conv, preferred
50
4%
34%
1%
100
24 ¥2
8
''
19 ¥2
13 ¥2
7 52
1
Thermoid,. Co——
6,800
^
14
2
0
■
53% Dec
5
2 ¥2 Jan
-100
,—-
27% July
12
Jan
/■
'
*11VY
1%>
/
■'
6 ¥4 Jan
35
—No par
—
Preferred
:
6% July 14
413/4 July 14
16% Nov 30
—100
No par
No par
conv..-preferred—
The. Fair.
70
•
44
V Y 34
18%
$3.60
700
r.
?.
7%
7¥a
*42 ¥4
11 ¥2
-
5%
3f
Ry Co
Thatcher. Mfg Co—
800
260
92 ¥2
4 ¥2
34
13
100
■'/;
Texas & Pacific
3.200
z
5%
■/:/
I
18%
92%
\
4 ¥4
:i *18 ¥4
30
July 22
43
1%
?
18
99%
99%- 100
99%; 100
*19
5
33%
33%
■>,
2
19
1%.
19
Nov
2
29
11 ¥2
11 ¥2
33/8
No par
8% Jan
7 Va
7
34
Dec
53% July 14'
3% Jan
5%
4 ¥4
11 ¥2
Jan
42 ¥4
2
33 ¥4 Dec
52 ¥4
«Nov
/ Apr
41% Jan
10
13
5% Nov
35
4
Texas Pacific Goal. &
13
Apr
Apr
Jan
93/a
Texas Gulf Sulphur-—
17%
Nov
■' 5 ¥4
'
7 ¥2 May
3,200
*51
/
l¥a Mar
V.
4,900
/
■
3
1334'May 29
Otll
29 ¥4
: *• 25 ¥2 Dec :
16
2.300
92%/
~
4
32
24
share
per
Apr
8
Texas Co
j
5 ¥4 Mar
5%
/•
.
18
*42 ¥4"
4
4-
•• ■■•
12 ¥4
*11%
12 ¥4
33 ¥4
4 ¥4 '
*4
4 Va
4
*11 ¥2
,
45
153/4
50
*5 %
42%
42%
42 ¥2
42 ¥2
9
34%
;'■/■"
1
13
•
*91
7 ¥a "■■.■, ■
7.
7¥a
7
43 ¥4
5%
83/4 Jun
2
9%
49
90
90
90
*89 ¥4
/
5%
5%
5%
-
90
CQ
Jan
Jan
*•'
■
3
.
5j/8
173/8
V.
8% May 20
15 ¥2
13
13 ¥2
52
¥2
13 ¥2
35
-
Highest /',
f- ?
■
19 ¥i Mar
34 ¥4
'
34 ¥2
9%
17%
17
17%
17%
13 ¥2
6,700
'
2
1943
share''-'
'15% Aug
33/4 Aug'
,
8 3/4 Jan
Corp_
Tennessee
8
15%
//
15%
9%
9%
10
9%
1.200
43% Jan-'
22
¥2'July
35
5% Jan 25
-9
50
—5
5
(James!
Telautograph. Corp-i—
35 ¥2 Apr
8
8
Lowest
9 per
■
(The).i___—.——23
Texas Gulf Producing——No par
5
5
34
■V.:
27% Nov
•
Year
"
•
9 per share
22% Feb
,•
No par
5¥a % partic preferred
1,500
■
49% ■.:
48
18
/
50
107/«
;/■■■ 48 ¥2
'
17 ¥2
*13
10%
48%
33 ¥4
15
9%
10%
'V
5
Talcott Inc
30
;
4 ¥2
9 per share
Symington Gould ..Corp-—-——1
11
48
.
Swift International Ltd—.———
Sylvania Elec,Prod's Inc.
500
7%
*4 ¥4
4%
t.
Par
4,600
.
Range Since January 1
Lowest
Highest
•.
<
-3,400
.
44
*42
42 ¥2
¥4
11
34»/2
4%
34
7
•
*6%
7
*42
11 Va
15 ¥4
■-*
4%
49 ¥4
9%
6%
6%
11
15 ¥s
31%
6%
41%
48%
5
31 ¥»
6%
4V4
4'A
34%
31%
6
63/4
11%
4%
31 ¥4
6¥a
6
41 ¥2
*ll¥s
49
31%
4 ¥4
4%
34 /
31%
6%
*40
¥4
*4
31 ¥»
Range for Previous
EXCHANGE
..
2,000
30%
41 ¥2
6%
7Va
*40%
/v..
6 Ve
6
Shares
9 per share
share
31
30%
31%
31%
31%
the Week
31
30%
30%
30%
31%
30%
S per
9 per share
9 per share
share
Dec. HO
NEW YORK STOCK
Sales for
Friday
Dec. 81
Thursday
Dec. 89
Dec. 38
Dec. 27
Dec.35
STOCKS
AND HIGH SALE PRICES
Wednesday
Tuesday
LOW
Monday
tfsturdaj
Monday/ January'3,'1944
Oct
1123/4 Jan
5
50
July
55
Jan
55
Sep
60
Nov
25 ¥2
Jan
Jan
27/8
Oct
Jan
40 ¥4
May
183/4 May
15
6% July
1
1
1
22%
1103/4 May
Aug 30
Oct
1
14
Jan
•21 ¥2
Nov
Jan
Oct
1
24
Apr
313/4
8
26
May
293/4
Aug 18
Nov 22
70
Jun
120
Mar
150
,
Oct
117¥4 Deo
353/4 Sep
40
110
Dec
116 ¥4 July
42
Dec
6
68% July
45
Jan
6
26% Feb
X123
26
Aug 28
67% May0
*
.20%
.11 ¥2 Mar
30
44% Oct
65
Jun
Jun,';
Mar
Oct
96 ¥a Mar
138
Jan
W
40
40
10%
40
10 ss
10 ¥2
40
10%
39 ¥4
10%
*26 ¥2
For
27
*26%
27
26%
*105 ¥2
108
*105 ¥2
108
♦105 ¥2
footnotes
see
page
23.
39%
*39%
10%
10%
26%
108
40
40%
40%
900
10%
10%
10%
900
26%
27
26%
27
*105¥a
108
*105 ¥2
108
1,200
.Wabash RR il/2%
Waldorf
Walgreen Co_——
4 ¥2%
preferred
Dec
11
100
24% Jan
4
40
-No par
No par
7 ¥2 Jan
5
11% May 29
20% Jan
2
28 Ye
Feb
10
preferred
System
-100
103
109
July 15
Jun 10
30%
Jan
6 ¥4 Mar
7%
Nov
16
Apr
20 ¥2
Nov
97 ¥a
Jun
102 ¥s
Oct
21 ¥4
July
Volume
Number 4243
159
•
•
THE COMMERCIAL & FINANCIAL CHRONICLE
'
•»#'
#..•
NEW YORK STOCK
Monday
Dec. 27
Dec. 28
$ per
$ per share
share
50%
17%
17%
;
;
6%
6%
8%
*8
". \ 6%
•
? 8
..
11%
22%
7
•V
.23%
24
21%
.21 Vb
19 V*
>18%
22%
22%
>,22'A
.'/>■, 6V4
6%
6%
ZZ
22%
227/B
r-.'
77%
77%'
.
-.ZZ
l'A
1JA
46%
11%
12%
"23
24%
•
% 20%
:
22%
;.
19
22%
:'>>
6'A
V;-V..22V2
77%
77%
6%
'>
•
106
:'.H
30
30
->
■■ZZ-
■.
——
.
— —
21%
21%
"107%
97%;
—
•/%/'
■'
■
'
'
Z
19%
:V
;
.
■
,
Y->Z-
'■
C
23
■;
.
—
>
108
"107'A
"55
.
,;
V
97 Va "i
v.-97%
59'/a
"55
59%
V/ 98
..
19%
2OV4
65 Va
*65%'
66%
v
*19
19%
18%
18%
>20%'
.
"7%
-%4%
21%
21%
71/4
./V., 7lA
4%
•
/
6%
4%
■
12%
:i*12Va
22
.
>
65
: r
V
; *55 V'
24 Va
>
*231/4
'""4%
47/b
6%
5
r
6%
12%
>.:•/ 12%
.'
•'"78
-
79
"10%
> >
■
•
Wa
20
12%
8 V"
8%
8
*121
13/
V
--
■'•.' *
6%
12%
:> ;
35%
>
20
36
8
•'
'
$4
Prior
:
13 %
800
•
11
80 :V
-•
:
80
>,
20V4
20%
36% ■>>
■■'
>
$6
600
'
& 35%
21 Vg
v"
">
.
.
?104
49
.
.35%:
20%
V 20
;
20%
-.,
109
*104
'.^94
V 102
*94
102
*94
.*47
48
49 :>/>K *48
49
*47
>:■
,
80
66%.
.
2VA
*104
-
79
'tZHM
—
36
109
47%
47%,
•
•
/A* 1.04
102
"48'A
20
••
:
109
"94
if^
:W^35%
36%
21%
H .48%
:"*48
.
;
■''*19
66%
-v.
-
67
1
29%
14%
V49
49
67
29
-
78 Va
66%
:
102
'-109
*94
>102
.
14%
*79
:>
'
v'48 'A
.>'■';>:•;-
;■
■
68
■/
200
50
/ t
81
80
>
'
481/4
*48'/a".
80 VVV> H
68
■:
V
-.
280
1,100
67%i 67%
a;.-
July
May
20%
Jan
70% Nov
59 % May
*71%
Nov
15
3
34
Apr
91
14
41%
Apr
104
Jan
87% Oct
11
36
Apr
93
Jan
3
102
May
Jan
2
-
Jan
8
5
2% Jan
■
Jun
ri6% Oct 29
110
22
97
31% Dec
30
6Va Apr
11% Apr
5
3
8
49% Oct
27..
15
24% Dec
Jan
113 Va
18
12% May
Jan
Feb
8
2
Sep
2
104%
'20
4V8 May
23%
8%.
30
Feb
Jan
Deo
3%
Apr
Jan
Tan
Oct
100
July
1
136
Jun
3
109
40
July 9
29% May 5
112% Jun 23
23
Apr
32 Va
Deo
22
Mar
31%
Jan
120
Jan
5
31
Jan
12
22% Nov 30
-
106 Va Jan 15
52
Mar 13
24% May 29
60
Apr
Oct
13% May
19 %
Feb
63 Ve
Apr
83
Dec
Aug
127
Jan
100% Jun
6
25
85
Jan
9
99
;i8
Jan
2
.58% Jan
5
42%
24% July 22
71% July 14,
Jan
15
-
14
Jun
20
July
2714
Feb
Deo
69%
Jan
12% July
15 Va
Dec
15%
2
22% Aug 11
12
3% Jan
5
10% July 26
3
2% Jan
8
Jan
15
*20% Jan
40
19
,—5
2
—1
10
2 Va Jan
8
4
-
Jun
Mar
1%
1
86
Apr 30
40
27
Oct
1
15 Va
3 '/a
Apr
1%
Apr
2
6% July 19
9V»Jun 28
Jan
6
14% July 14
% Jan
2
Jan
5% Nov
Apr
Jan
53
Jan
22V4
May
Jan
2%
Dec
'
—No par
_
—No par
57 Va Jan
.
-10
pfd
93
^ Apr
Jan
Dec
13% Jan
■/■•? 2% Jan
i50
17%
;
No par
preferred—-
Dec
80
5
7 Va Oct
108% Oct
58 %
7
20
preferred.:
preferred
!
Wisconsin El-Pow 6%
10% Nov
10% Sep
Sep
2
37%,Oct
.
119
*7% Aug
2
5% Jan
v
■V
—210
8
Jan
17% Jan. : 9
.
30% Jan
■i
9!s Sep
2
7
100% Oct
6%
Jan
Jan
Sep
2
Sep
73%
7
107%
Jun
110%
2
16%
Dec
Oct
6
24% July
42 Va July
51
21% May
3
25% Oct 28
14%
Jun
24
Oct
Jan
31
Dec
21%
Jan
Sep 20
117
Nov
125
July
Sep
149
106
Nov
117
Mar
Jun
18
54
Jan
57V4
Jan
42%
tiun
18
44
Jun
Apr
20
80
Jun
104
Jan
70'/a Sep
29
39
Apr
62
Jan
31% Sep
10
54
44% Jan
46
Dec
3%
20
81/4
2 »/4
Dec
134
Dec
1% Aug
4% Apr
86% Oct
121
16% Jan 20
104
,
11% Apr
4
27
Jan
9
-115
100
»
100
3
Oct
Jan
-
10
Worthington P & M (Del)—No par
7% preferred A
100
6% preferred B
100
Prior pfd 4%% series
100
Prior pfd 4%% Conv series—100
Wright Aeronautical
—No par
Wrlgley (Wm) Jr (Del)
No par
3,400
1% Jan
Feb
Aug 20
5
Woolworth (P W) Co
14,300
20'%*V21%-V'-
*104
>
-,V: *47'A .•'48
./>>
78%
80
67 >: •'>■:■'
.
109'
/
36%V'36%
:.w;
Nov
4
Woodward Iron Co—
1,800
18
2
Wilson-Jones- Co_
■gM-lyrrr\
20% V., 20%/
'
21
/
>
>v800
10%r' 11
*121
Jan
99
Jan
:_1
conv
Wilson & Co-Inc
,6,300
8'A
V
11%
Jan
Willys-Overland Motors
6 V conv-preferred
23,800
Oct
July 23
8% July 8
26% July 2
26
Va Jan
Wilcox Oil -& Gas Co
400
:
7
79%-%
11
-
*121
19%
8%
:
79%'
10%
10%
20
20
6%V
V"'--
6%
100
300
•
>/./>
25
4%
;
'
77% .78%
;.M2i
—•">/
20
.
■>"'-'/•
'•;••'•^;78N;'. :.'.78 v;;vv
'>10%. -10%
r
11%:/
".■*121
'
8
/:i,7%
8
I
5
/ 65 : •/.
•
14
15
White Sewing Mach Corp
25
■
Jan
——1
White Rock Min- Springs
47/s:
/'
12
No par
3,200
4%:'
;
30
85
19
No Par
White Motor Co
9,300
20% Dec
,
20% Dec 31
11% Jan
12.50
9,700
V *60
•
'
13
100
.
19
81
Instrument
7%; .7%
24%
6 V2
t
19%
150
13% Jun
4
103
Wheeling Steel Corp
No par
$5 conv prior pref——
No par
White Dental Mfg (The S S>—20
2,500
.
^
21% v 22%
v
'>:>•••
:--•
/ V
Jan
24%
4
109
preferred
——No par
Wheeling & Lake Erie Ry
,100
5%% conv preferred—,——100
160
98
67%
>•
Deo
39 Va
21
1
vs
4
Va Jan
57
$4.50
'30
•
Elec
Nov
8%
Nov
.
Weston
Nov
29%
Apr
Oct
50
->:50
Westvaco Chlorine Prod---
'•.591/2
*18%
-
4%. >"4%
'.>/■ Y:
190
1,200
1
Feb
4V«
,22
Westlnghouse El & Mfg—
1st
partic- preferred
331/2
Nov
-No par
Westinghouse Air BraKe
4,200
Nov
6
Sep
23
21
8% Jan
—No par
Class B_-_—
'
26 :
.5
*67
%">':/
65 >
1,900
201/2'' 20%
1
.
'Y
.
7%
5
•
'129 Va
26
'
*55
*23%
6%
6%
19V4
-2,700
>
>94 %
V:'.'' V/ 97%
:
20%;
V: *18%
64
23'A
98
250
32% Apr
Oct
5 V*
% May
16
6
Nov
16%
50 Va Jan
;
-
Jan
2%
July
41%
Apr
Jun
67
1
7,400
700
r
preferred
preferred
par
Western Union Teleg class A-No par
*55
67:'' :
69
1,700
280
:.
*107% ; 108
.
-
67
7Va
V
4%
*
20%
23'A
J? 62
>
,
'
17% Jan
2,800
*32%:
/
■
•> -> 59%
4%
20%
22%
>1-7%
•
*A
*55
98
20'A
" 64'/a
.
.
'•v;'
98
•20'A
,
.
•
108 :•>
No par
7,900
129
V.
33V2
24%
"107%
8
7%
V
3%
93 %;•
24
107%
107Va
%>-•:> •
*32
.
24
23%
2% Jan
Indies Sugar Corp
7%
340
86 Va
| 31%
42%
:
941/4
94
per
No
43%'
8
128%' 128%
33%
"32
.
V
.
128 Va
128%
129
5 Va
8
>'—1
94V4
65
12%
■^ZZ^ ^Z'Zi":.
■>ZZ'•'
94%
>:
i-
4%
4%
"64
/ "4%
6%.
.•
22
24^/B
7%';, ;
23%
V
21%
33%
:
22'A
21%.,
7%
•
21%
93
64 'A
"19
.y.
■
21%
20'A
64>/4
>>//
22
97%
20 Va
,
23% ' >'•'■
.,
5
21% >22'A
43%
23
.
59%
;"55
>/,■:
7%
42%
17% Jan
West Penn-Electric class A—No
.
16 Va
7%>
7'A
22%
West
15,300
106
3%;
42%
-1
23%/; 23%
16 Va '
3%
6%
4
$4 conv preferred——.—-No par
v. i no
/-/.:•/■ 310
1171/2
.*>. 31
:
22%
.';>>24
■
108
3 Va
31%
.
v
,
*105%
42>A
•;•''"32
24%
3%
-3V4
V-
7%r
•.'.7.128%
33 V2
31 Va
V
105% >
AQ??%
- > 21%
>
129%
"24
31»A
30
t.':
12 % Jan
—100
6%
100
West Penn-Power 4%1o pfd——100
West Va Fulp & Pap Co_,
No par
6 r/o preferred——
-100
Western Auto Supply Co
10
Western Maryland Ry
-100
4 % non-cum 2nd preferred. —100
117
16'A
16
23%
<>7
j/94
'."32
105%
42%
95
"128 %
:•
16%
105%
VV
'
4
22
3%
15% July 15
21
5
Wesson Oil & Snowdrift
900
200
.
Dec
15% Jan
56
I per share
Apr
13% Mar
5
2% Mar 29
;
Highest
share
31*8
May 29
13
7
No par
No par
Eisenlohr
9% Jun
20
5
J per
27
18% May 25
4
Jan
26
50
Wayne Pump Co
Webster
% Jan
7% Jan
par
Pictures
Waukesha Motor Co
.5,100
••.97'A
86
86% *
117
No
——
Bros
Fdy & Pipe
Washington Gas Lt Co
700
•
78%
97
>142%
,
:
23
94%
ZZ
:
•/ >
84%
:/117
16 Va
3
;
Va
81%
B
preferred
Warren
11,400
19%/. 20'A
*82%/ 83%
19%
Class
$7
1,300
22%
*75%
5
500
,
6%
v
22%"'
•
v
-971/4
105%
16
3,
43
T
.
>
.7
7
42%
"22%
86
117
■.
.3%
3%
97
85%
A105% 105%
30'A
/>:.,; ;.'30
1
81%
*116%
117%
16
16VB~
16 V8
..
6105
r>" 18%
81%
96
18%
86
85%
•,"116%
117
116%
19%
81%
:
.
95
22%
'78
*75%
96
19%
83%
>,95
:
23
6%
4% Jan
preferred
Baking Co cl A—
Warner
19%
6%
6%
22%
V
24Va
23
■
No par
1,700
191/4
22% >
2
30,000
21%-' 22V4
20V2
>
22%
22%
79
"82
85%
85%
/U-
19
,
23
*23%:
4
4% Jan
3,100
.
.12 '"V 12%
,
24Va.
15% Jan
par
Ward
400
1%
No par
54% Oct
12
No
Div redeem
6,900
46
38 Va Jan
Tear IM'i
Lowest
I per share
share
No par
G & W
(Hiram)
Walworth Co.,-
400
.;
8%
46
V. /.
20% v,2i%
,r
6%
>/18%
95
*23
20%
18%
22%
>22%
83
95
•>
t per
For
Walker
3,300
7%
1%
l'A
46%
Range Since January 1
Lowest
Highest
Shares
17%
7
*81/4
11%
20
%■*,'77
19'A
18%
81%
Vi
17%,
V2
46 Va
'
.
8
EXCHANGE
50'A
.
» 11%'
21%
•
8%
49
7
1V4
■;u
23
:
6% V
'
46%
1%
.12 •■••:■.
11%
.a,
17V4
8%
•
46V8
.
16%
:
*7Va
'
'■■-•>>21' %
>
6%
6%
NEW YORK STOCK
'
i46
•
46%
,12.
17'A
8%
,
i'A
1%
1%
46%
171/4
"16%
>
50% v:';,.
\
Range for Previous
Sales for
the Week
$ per share
share
49%
49%
51%
17*A
$ per
$ per share
.,
48%
;"50%
>"16%
50%
STOCKS
Dec. 30
Dec. 2!>
.
Friday
Dec. 3 t
Thursday
Wednesday
Tuesday
Dec. 25
RECORD
PRICES
SALE
AND HIGH
LOW
Saturday
$ per share
23
A
57% Jun
.Jan
108
78% Dec
58% Jan
1
'
v|
V'V/'V
,.:"r
•
14%
.
14% V:
.
95% V ''.
95I/2
V
'
:
13 z
13 v
*33%
"Bid
3%
asked prices;
and
3%
//
36%; 37%
36%
36
36% v'v,
95
94V2'
94', a '/•
95%
12%
13% >'
13
13%
1
3%:
Towne Mfg. Co
13
7% Jan
4
17% July 13
6
41 % July 14
Jan
4
98
Nov
12
78
Jan
9% Jan
2
16% Jun
7
7
May
30
Jan
3,700
—100
No par
82
Youngstown Steel Door
34%
3,000
Zenith Radio Corp
No par
19% Jan 12
37/a
2,500
Zonite Products Corp..
5%%
170.
preferred series A
15% Jan
21% Jan
25
Young Spring & Wire
No par
Youngstown Sheet & Tube—No par
5,100
95%
13
v-:.; 12%
Yale &
1,900
95
34'/8
33%
33%
33%
3%
3%
3%
3%
sales on this day.
no
15
5
Apr
28%
Jun
23%
Oct
7% Nov
37%
Oct
Jan
Jin receivership,
a
34
34
3%
rCash sale,
nNew Stock.
Deferred delivery.
s
Special sales.
2
Jan
wdWhen distributed.
8%
37% July 13
4% May 10
.
2
x-Ex-dividends.
Feb
1% May
20
Jan
y Ex-rights.
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Number
and Miscel.
of
Saturday
Monday
Tuesday-
—
1
>
Friday
:
<
.
Total
Sales
4,702,580
——
$9,300
10,500
$420,500
383,000
10,063,100
12,178,100
9,260,700 ;
446,000
,
$5,690,2009,117,000
27,000
10.546,100
308,000
31,000
$81,800
$20,000
Stocks—-No.
*4,702,580
shares
of
V 1943
1942
■
"
557,000
3,000
486,000
609,000
28,000
1,000
638,000
598,000
81,000
1,153,700
Total
$4,000
14,000
266,980
:
5,000
469,000
306,155
$47,416,100
$2,667,000
$148,000
$8,000
$2,823,000
•
V
5,185,826
278,741,765
$4,192,025
120,413,100
3,130,112,600
——.
1,848,500
industrial——
45,485,800
40,806,1Q0
Total
$81,800
———-
;
&
.*
$47,416,100
8S
d
are
the
y
\
$2,667,000
Domestic
$6,533,850
123^881,200
2,181,064,2O(
Jan.1 to Dec. 31
.
1,334,439
1943
71,374,283
1942
22,315,690
$3,522,000 $217,167,000 $171,053,500
■
148,000
Foreign government
Foreign corporate
'8,000
$2,823,000
Total-
$43,540,300 $3,254,717,725. $2,311,479,250
/
21,000
30,000
12,564,000
4,886,000
1,315,000
765,000
$3,573,000 $231,046,000 $176,704,500
,
y
:
j
/ /
Y>,/>//
Below
679,000
Bonds
$41,000
2,693,200
Foreign—
Railroad
1,153,700
Stock?—No. of shares——
r125,685,298
Bonds
Government
1942
1943
1942
-
$463,000
$443,000
.548,000
199,440
Week Ended Dec. 31
1943
Total
150,200
——
-
Jan. 1 to Dec. 31
Week Ended Dec. 31
Corporate
V
230,925
Wednesday
Thursday
9,599,700
■
Foreign
Foreign
HOLIDAY
Monday—
12,463,100
4,000
$1,848,500
$45,485,800
281,000
v
Shares)
Week Ended Dec. 31,1943
Bonds (Par Value)
Government
Domestic
Saturday-
8,723,500
997,150
1,143,150
989,590 i
—/
—
-
of
Bonds
.
$5,260,400
650,970
921,720
4'
;
(Number
Bond
HOLIDAY
.4?"
Wednesday
Thursday
Bonds
total
Government
Foreign
Bonds
Shares
Week Ended Dec. 31,1943
Stocks
United States
Railroad
Stocks,
8.
Deo
2%
Transactions at the New York Stock Exchange
U.
Jan
87
12V4
.
33%.
34%
3%
13
>•>>12%
500
28%
/
15
14%
14%.
'
•>'' '
r28%-
30
*28%
36
36%
136%
•
.
96%
>
96
30%
-.*29%
36%
36%
>
v
.
.
14%
29%
14%
29%
''i/ 'v""'
■
/Stock and Bond Averages /:§■//v:lp>>>>|:>
closing averages of representative stocks and bonds listed
on
the New York Stock Exchange as compiled by Dow, Jones & Co.
-Stocks-
-Bonds-
■■
10
10
30
20
IB
Total
10
First
Second
Indus¬
Grade
Grade
Utili¬
Rails
ties
Total
10
65
*
Indus*,
trials
Date—
Railroads
v
Utili¬
ties
Stocks
trials
HOLIDAY
December 25-—
Rails
40
Bonds
HOLIDAY
December
27—
136.14
33.12
21.79
46.97
107.06
101.91
66.62
110.16
96.44
December
28
135.04
32.79
21.52
46.55
107.11
101,87
66.72
110.19
96.47
110.20
96.48
December
29—
134,61
32.93
21.50
46.49
107.06
101.78
66.89
December
30—
136.20
33.53
21.80
47.12
107.11
101.89
67.43
110.20
96.66
135.89
33.56 V
21.87 '
47.07
107.15
102.07
67.72
110.15
96.77
December
31—
& FINANCIAL CHRONICLE
THE COMMERCIAL
24
Bond Record «» Mew
FRIDAY
week,
are
headed "Interest
italic letters in the column
The
YEARLY
-
defaulted bonds. Cash and deferred delivery sales are disregarded In the weed's range, unless they are the only transactions of
a footnote in the week in which they occur. No account is taken of such sales in computing the range for the year.,
Period" indicate In each case the month when the bonds mature.
"and Interest"—except for Income and
and when outside of the regular weekly range are showuj.ip
NOTICE—Prices
the
York Stock Exchmge
WEEKLY
-
Monday, January 3, 1944
f,
jr»u\A,Yf>
US
4s
33As_.
Trea. »ry 3'As
Treasury 3'As
Treasury 3'As—
Treasury
3s
Treasury
Treasury 3s
27As
23As
2%s
2%s
23As
23/4S
2%s
2'As
2'As—,—
2'As
2'As—
2'As
;
2'As
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
:
Treasury
Treasury
Treasury
Treasury
Treasury
-
Treasury
Treasury
Treasury
Treasury
Treasury
Federal Farm
—1944-1952
—1945-1947
3s series A
M
series
New
M-S
.
3%
'York City
AA".y
•
;■"
•~
\
.
*106.20 106.22
*109
103.17
—'
;•
109.2
111.8
*111.6
j-d
.100.31 110.31
A Chilean
A 7s
108.21
111.29
2
108.26
112.20
el11.14e111.14
A-.-,
*103.14 106.16
A'" '•
:>
i
of
17%
A6s
—-
of
*106.9
*108.17 108.19
17%
:•>
M-N
17%
7s
—I960
*
.
,
17%"
'
Oct
1961
Jan
1961
._
17%
,
100
100
j-d
A
100
M-S ;
59%.
58 %
58'/4
:
51%
43
F-A
1952'
J-D
100
100.22
Cuba
17
100
100.6
:
101.25
^
Rica
107.8
;.
4'As
external
A
104.11
104.20
104.20
SADenmark
y/'A: *101.16 101.18
100.26
100.28
External
*104.9
j-d
j-j
__
100.14
M-3
*100.29 100.31
M-S
*100.19 100.21
*100.4
.A'"'
v.; A
j-d
.
series
100.29
5'As
:v.
100.9
101.12
100.25
AA
'
101.11
A>.
102.28
French
7s
J-D
1
101! V:
100.10 101
>
1961
f
.
153
1967
External
sec
F-i,
A-0
Republic 7s stamped.:
.1949
1949
———
.
.
•
Belgium
1928—.-——1950
external 6'/2S_——1949
of
—,-1955
External s f 7s——1955
jABrazil (U S of) external 8s——1941
AExternal s f 6'As of 1926——1957
AExternal s f 6'As of 1927
1957
A7s
(Central Ry)_—.—.——o._j;-1952
Brisbane (City) s f 5s
——1957
Sinking fund gold 5s
—^-1958
Sinking fund gold 6s_,—
-1950
Buenos Aires (Province of)—
External
.
1
s
f 6s
i
*50%
;•>
(Republic)
A-o
:AA
:!
(Dom
3s
-—
—
2%s
-
*—
—1967
3s
-1968
—————Jan 15 1948
30-year
3s
(Prov)
4s
(City)
(Rep)
^7s assented
AExternal
M-N
A-O
J-tD
M-N
extl
1899
4"
A:"
|
.88%
y. 89
18% -31
99,
.89%
•"
10
;•
101
97
is%
.
23%
,12
12
24
/
tSutie»— y-
7
17%
: 11%
A: -14'.
56%
A
Stamp
59%
Ext
101%
A
94%
84%
94
85'A
29
78'/a
85%
85
85
15
79 -
85%
49
.1
sink fund 4'As——1955
extl s f 5» ser A.1963
93%
94
92%
93%
13
83%
90
50
79
>:
96%
101
101
„
■
100
97
*100'/a 102
101
1
J-D
52%
52
53%
50
49%
50%
81
,*.,.49%.,50%
36%
78
A-0
56
A-0
50
J-D
52
M-S
93
V-
92
•
51%
53
93
-92
92
80
;
29
M-N
77%
78'A
78%
2
78%
79%
80
69%
30
77%
*53%
*'
56%
A-0
20
14%
20%
21
13%
24%
3-D
20%
137
12%
23'A
20
20 'A
•70
J-J
—
'>AaA~
A4'As
J-J
1940
7
74'/a
A-O
.60%
11
101%
97%
21%
10%
11%
14%
14%
11
6
22%
A-O
J-J
12%
22%
A-0
sec
6%S—
".
5
A7s
external sink fund golc}
external loan of 1926,
1968
,*.,1960
loan,.
.———1967
Santa Fe external sink fund 4s__ —1964
ASao Paulo (City of Brazil) 8s
,1952
A 6'As extl secured s f,
,.1957
A 7s
104%
|ASan
municipal
(State)
Paulo
A8s external
;
r
—1930
—1950
8s
—
A7s
extl water loan
A 6s
extl
§ A Secured
f
s
101'A 101'A
1
97%
104%
102% 103'/a
25
101%
1037/a
A8s
secured
18
101%
105%
A 7s
series
11"
100%
105%.
1968
1940
7s,,.
J-J
external—^—.
B
sec
of)
(Prov
1962
extL—
—1962
7s——,*—1958
extl
18%
M-N
A-0
1-20
A-O
19
18'A
18%
*1.5
18%
"l
68
24%
18%
26
A4'As assented—
19
20%
18%
19%'
18%
25%
6
19%
?3'A
AExternal sink fund
51
18'/4
25%
AExternal sink
26
3%s-4-4%8
13
18'A
25%
External
26'A
External
18%
2^'A
25%
18'/4
25%
A
1955
s
19%
18%
20
.,—1958
f 5'As„——
Uruguay (Republic) extl 8s__
Sydney (Citv>
19%
18%
:
17%
11
17'/a " 38
1
20'A
17
•
37%
J-J
37%
35%
J-D
36
*42
M-N
102
13
17%
i-~3
90'A
18
18%
37%
11
16 'A
32%
40%
30
54
'/a
102'A
102
-
36
54
102%
40.
40%
6
20
J-D
31%
32
27
17
M-N
35
35
1
18
35
J-D
35
35
10
17%
35
M-3
83
83%
27
73%
83
37
37
2V
18%
39
32
32%
7
17'A
33
J-J
40
40
1
32
52%
J-J
40
40%
12
32
48%
35%
35%
3
40
A-0
M-N
'-l
M-N
M-S
29%
33%
%
4a y2
A-0
31%
32'A
16
28
46 %
57
31%
J-J
58
37
55
72%
20
10
20
4
11
19%
12%" 12%
M-N
M-N
12
y
12
J-D
*4'A
12
9%
J-D
9%'
*93
F-A
F-A
11%
9'A'
M-N
M-N
14%
13%
85
*86
95
84
*87
1964
9%
98
*88
,1960
..1940
6s_;
fund 6s
231
10%
•14
'
J-J
21%
1
4
•
r
iKlpgdomi-r-
Serbs Croats & Slovenes
ASilesia
^—1956
;
dollar loan
' :
,23%
7
•
F-A
34
'2
11
r
32%
107%
3
! A-O
32%
111'A
2
,—1968
gold 8s_„.1950
—
13
•
'"*4%
A-0
F-A
80'A
48%
107%
1947
34
•33 %
M-S
,1953
79'A
25
1958;
assented—^__,—i_1963>
101% 101%
""*A'.
I 6s 2d ser—1961
s
sink fund
103'A 103'A
'
M-N
J-J
extl
(Rep ol) gold 6s
(State of)—
A 8s extl loan of 1921_,__^,_—1946
u
89.%
104
104??
ii\
19 %
AExtl
78%
\70
101% 101'A
•f*\Mo9
J-J
"
108% 109 '
104 % 104%
W 79%
O-K
•105
73
70
Rio Grande do Sul
*
^ 78%
3-J
72'/a
37-'A' 37%
100
90
6
87%
87%
87%
A-0
'
87%
A
20%
A 6s
08%
72
90
*81%
M-N
J-D
APrague (City of Greater) 7'As_—1952
Queensland (State) extl 6s
1947
CARlo de Janeiro (City of) 8s
—1940
97
92%
77 %
\
94
95
20
(CJty of) 8s—1961
AExternal loan 7'As
———1966
95 Va
A 87''A
*95
78'A
53%
83
1
>A V'
A
■»;;
87
11
*95'A
W:A
51%
34'A
29
92
A
34
96%
20'/a
APorto Alegre
56
52
•34
.
;A
P«%
77%
80%
71
__
•
>
.
MS
'AExternal
■
85%
r;
9
20
-.
(Rep of) external 7s„_—y 1959
Nat loan extl s f 6s 1st ser——1960
A4'As assented
100'/a
> 96%
95%
101%
M-3
AStabllization loan s f 78—
/
95
82'/a
1967
(State of) 7s—i.1947
ret 3'As series B
sec
'
108
*100
MS
A-O
1994
to—
A4%s assented—,
91
2
85
85
85
82%
1
98'A
95
*87
'
.
1
96%
95
.
93
89%
1 ■■■■ ,100
96%
'
•.
34
18%
M-N
(Rep)
mod 3'As ext
a Nat Loan
94'A
88'A
,'y
98'A
•
95
A-O
Stamped a ssented 5s,,_—1963
IA Poland
94%
"82
93'A
J-D
F-A
y.;-'
93'A
100
.
34%
84
—
94
93'A
100
■
94
F-A
1944
6s
A Peru
,
90
J-D
93'A
J-D
APenama
M-N
-
F-A
A-0
—
1970
23%
11
A
93'A
---
18%
26
■A
17 %
19%
.;/ ";•>
AA:
34
*84
M-S
23%
MS
J-J
1957
^1958
f 5s
F-A
'
J-J
M-N
94
Municipal Bank extl s f 5s
84%
•
.1959
10%
>
14
*90
A
(State)—
.1963
23%
i: 96%
33%
J-D
sink fund exti loan
(City)
13%
12%
9 'I'
11%
,-y..
34% A
18%
.
10 Vb
7
AjA'AAA/;
__
33%
A-O
24
13%.
*18%
M-S
1956
24
42
/•
17
100% 100%
1958
1959
1965
24
15%
12%
r'
■
10 %
;
A13%
12%
.16 y; .16
■:
27
.12%"
-10%
24
/
10%
*14'/2
A* 13
4'As
16
.
s
11%
98
82%
,
,
>23%
AA: 9
^^'AA'
...
Ay.i:;
16
11'A
J-J
^—1952
7s
Ay, I'5
.
1
20%
15%
y.Vj.-y -.A
—v
*1G%- 20 :
MS
—
Wales
-
97
11 A
...
aA~-.'.;..
,
11%
10'A
fund
Oslo
95
-
85
4
-
f 6'As
s
(City)"
57% .70
.
17% A
17%
agreement
•
'■
y'A 17
*13
lund 4'As
16
/AM ■/■'
■•>/A 6 A .}
17%
agreement
1Q33
68% y 85
.
y.'.i''
/ *91
J-J
sink
15 Va
17%
\
1913
ml
external
15%
17%
17
55 A
Rf
1945
1910.,
nl
4s
t
A, 5
:
V
13%
-el5'A
sink
1
A
—
12
3-D
External
i5ya
18
1954
External
4s
A
Q-J
fc
.
series A
South
Norway
62%
24
>93'A
85
A-0
1960
—
sinking fund 6s
72
A,
A'V
.~-"
17'A
79
% *96%
13
Q-J
1899
1904
ot
external
16
6
17
F-A
1942
assented
17%
l
A *10'/a-
1943
——1945
5s ol
5* rtf
>US)
External s f 5s
54%
62'/4
I
A
M-N
I 7s
^•
;>>2
101
16 %
J-D
1954
readjusted
ASec external s f 6'As.
v
;
"
15%
J
10
M-N
-1942
s
—
17%
100%
1960
External
•
177/a
A
J-J
.*—1954
8s
1
■A
A *58'/a'
A-O
1943
6%&_
;_1960
7s__ _1'«57
,.1954
cinmperi assented
APernambuco
M-N
1958
15
•
.
A
55
3-D
1953
15
—Jan
ACarlsbad
A 6s
Jan
———;
-
—
AChile
.I960
1961
30-yr 4s
of)
3'As—.
30-year 3s—
•
59
48
:'A;, 6
'•
.
17%/
17%
"M
25-year
i
Irrigation—
AAssentln?
A Sec
A 44
17%
j/;.;■/;/•..
■
A-0
F-A
Canada
A;
.■/•':
54%
17%
11%
A-0
f 4%-4%s_,„
.1978
4%-4%s
1976
External s f 4'A-43As—
——1975
3°tc external 8 f % bonds—
1984
s
87%
A 86%
72
r
'
-
A72
42%
78
Assented to Nov. 5, 1942, agreement
1-1693
v.
2->' 'V
■>••>4 80
External readj
"2
85%
17
A-0
——J.S60
State Mtge Bk)
1
AMontevideo
17%
^^AAV..
:-:'r
J-J
M-S
Refunding
73
67%
69 %
*99
17'A A*
J952
8
Free State extl s f 5s^
A4%s
Teletype
NY
17%
J-J
f 4%-4%S———-1977
s
60%
>
1968
Assented to Nov. 5, 1942,
11
M-S
External
61
A-42%
16
*101
1964;
i'
51%^ 51% A
17%
-
.
.——1961
A6s stamped—
139%
v
45
1
67 '/a
101
paid——
AAssentlna
A 17%
J-J
,
:
y
■> J-D
paid
Mlnas Geraes
*63
J-J
1958
,1948
S f conv loan 4'As
L
—1971
8 f exti eonv loan 4s Feb—T—--1972
S f extl conv loan 4s Apr——-1972
Australia cCoinmonw'lth) 5s of '25-1555
External 5s of 1927——--——1957
External g 4'As
A,./ AA ,,A'A
A;
"A:
M-S
S f external 4'As_——,—,
107%
.
47% ■A 74
A
7
,•>
72
*28
1
•»' ' Assented to Nov. 5,-1942, agreement
New York
Broadway,
A Antwerp .(City j-'external 5s
Argentine'4National Government)-—
;-'A;
72
;i
86%
M-S
External
f 7s 3rd series.
s
38 V8
103
A- 30%
85%
J-J
1945
part
Irish
A; 103% H03A
'
A
106 7/a
4
"A
*84'%
M-S
7s—
(Republic of)
A Jugoslavia
,
.A; 1
;
A
A-O
f 6s series A
HelsJngfors <City> extl 6'As
108% 109%
J-D
1957
103%
.
>"■
.1957
102%
102%
100%
60%-
A-O
1969
:
part
Haiti
.1957
101 %
72%
•'
,
A6s
Municipal
series—
58
29
100
A-O
1969
unstamped
New
series
60:'
A:
A-O
5Vas
A7s
,
y.
19
16
139%
67
67
m-3
*
100.25 102.27
1
100.25 100.25
101
A-O
1942
40
^];y
72
1962
30% ,38
-
39
*60%
72
37
wiL. A"- .,102%
•A,"*
60'/a
48%
-
30% ,38
:
A'.^J "
100%
139%
72
;
.Greek Government—
M-N
'
A-''.
*103'/a 106%
.
F-A
1940
22% y
100
64
-38%
••A.-13
A
U
*103'/4
10p%
'■> J-J ./■■■:;,
_1940
58
*102%
;>■:
> A-0
(Republicl extl 6s—
Finland
Members New York Stock Exchange
1st
64
-
52
V
-
*100
—1955
1st1 series
AEstonia
A'
A 6s
f"7s
52
'%J'\
21
A
21
2
A-; 7
58%
55%
A-O
—1942
1926
sink fund
5'As 2d series
Wertheim & Co.
s
I
A 36
56%
J-D
;
Assented to Nov. 5, 1942,
.AExternal sec 8 f 7s 2d
25%
.
34
58%
J-J
1945
5'As of
§A2d series
103.16
100.25
*100.29 100.31
.Air A
1953
5'As
Customs Admin 5'As 2d series
100.12
103.16
A-;
*100.16 100.18
M-S
M-N
§ A 1st
...
■
101.11 A
*101.9
! "A
:
;
.
100.9
100.2
100.9
*104.21 104.23
j-d
100.30
-
J-D
Rep Cust Ad 5%s
§ATrt*asnrv
iAfExternal
:
13
•
40
*33
•••■
F-A
> f-A
1977
Externa] gold 4'As
JADominican
-,
100.6
*100.7
M-S
101
100.9
'
101.4
100.23
.•A.A
101.10
*101.8
A ' A,
j-d
101.2
100.15
'
*101.10 101.12
M-S
1949
20-year extl 6s
gold 5'AS
AAssennnv
••
'
23
.118
;
--
36
*33
A'
M-S
Czechoslovakia (Rep of) 8s ser A-1951
ASinking fund 8s series B___
1952
102.7
■
V
•
'A
M-N
1949
,
.
r.^.,iA
M-N
1944
debt
wks
Public
^
1951
-
Sinking fund 5'As
A
102.2
.
7S
(Rep of)
(A'A-c ; *33
M-N
,1953
—
(Republic of) 5s of, 1904
101.5
*102
;
External 5s of 1914 series A
102.13
106.23
y1. __
.,...
105.7
5s
/ External loan 4%s
:
104.30
(City)
i' 25-year gold 4'As
,
100.10 101.4
AAA. >5
s
Copenhagen
104.6
*104.4
M-3
j-d
1947
A Costa
106.2
*106.21 106.22
A j-d
M940
.
100.21
*101.19 101.21
'
-
j-d
ASinking fund 7s of 1926
:
100.2
6
100.2 A-
.,
100.11 100.11
*106
j-j
,
'28%
16 "
69
59%
J-J
j-w
101
/AAA
f $ bonds
A-O
100.10
■
ajl00.2
M00
v
.
j-d
1945
6
y;:
24%
,
24%
17'/a
17% >22%
.
;
•A
17 %
58%.
—1947
104
''
'
i.
100.2 el00.3
..'/-A,
j-d
1945
A y 16
*20%
43
22
,*100,12 100.14
J-D
1945
18
A; 17%
24%
17
A 17%
2
J-D
A-O
103.6
Foreign Securities
s
24%
18%
'■
18
■•'-:■
•
A-O
;
,—1970
103.24 104.20
'j
24
103.6
•103.6
103.6
M-3
1945
24%
•..24%
17
,
M-S
-
ASinking fund 7s of 1927
106.20 107.23
—
.
y?JL03.18 103.20
M-S
1968
A
M-S
i960
1991
AColombla Mtge Bank 6'As
107.6
106
107.3
*107.1
M-S.
1948
25
19
,.
—
17 %
M-N
1
1927
/• 3s external
106.11
MS
1947
17%
A-O
A-O
',
Assented to Nov. 5, 1942, agreement
120
18%
17%:
11
A-
.
A
V:
__
18
25%
17'/a
>;A 13
A
'
_1961
1962
1928
t
2-2300
18
17%"
17%
26
18%
.
(Republic of)—
AMexico
A External
High
18'/4
':
*18
•/
,1962
(Hukuang Ry) 5s,
A6a
'•„>
Telephone
18% -A
17%'
-
17%
10
19
'•*17%
.
J-D
1961
AMedellln. 'Colomblai
&
Low
.19%
•
18%
"
3-D
—.—1980
1961
sink fund 6s
:
'
'
3-D
>
.A
19
J-D'
-
Cons Munlc
Colombia
.
J-D
.—1961
fund 6%s_——
assented
Chinese
A
111.26
1
j-d
.
107.10
108.15
.—,1957
-
assented,
Mexican
Govt.
No.
•y.:
M-N
J-D
assented—,
A 6s
108.10 109.11
A-
M-S,
3-D
a 6s
Mendoza
foreign
Range Since
January I
Sold
High
M-N
1957
AGuaranteed sink fund 6s_
104.26
107.3
,'A
*103.13 103.15
■
•>•'
111.28
A
Mortgage Bank 0'As-
AGuaranteed
106
105.15
A-
•
>
1963
.1963
:
A6%s assented
110.27
112.23
j-d
Unification Issue—
Corporate Stock—.,
REctor
Bonds
1
Sale Price Bid & Asked
Low
sinking fund 6s
assented
ASinking
•
*111.16 111.18
j."
'■
M-S
106.30
109.9
M-S
•'•
103.3
110.6
-
Transit
-A
110.6
1944-1964
1944-1949
;
Loan Corp—
3s
Last
Period
—
A6'As assented
•A,
100.27
105.21
A
105.10
-
Home Owners'
A Chile
*110.31 111.1
y'
Mortgage Corp—
-
l%s
*110.4
A 6s
'
110.13
*105.8
MS
-
3'As
(Continued)
(Rep)
^External
106.3
yyA—
'
*100.26 100.27
«
__
_
Treasury
A
;: y
Chile
114.1
103.4
*105.17 105.19
—
Treasury
111.30
2
;a 1
v
J-D
.
Treasury
/A
106.10
% j-d
v;
1967-1972
2'As
1951-1953
2'As
1952-1955
2'As
1954-1956
2s
—1947
2s
Mar 1948-1950
2s ./
Dec 1948-1950
2s-:_
Jun 1949-1951
2s
—Sep 1949-4951
2s_
Dec 1949-1951
2s
March 1950-1952
2s
^
-—Sept 1950-1952
2s
——■—;
1951-1953
2s
;
1951-1955
2s
——1953-1955
l%s
June 15 1948
Treasury
>
j-d
2'As
Treasury
:
Week's Range
or Friday's
Friday
Interest
New York Stock Exchange
Week' Ended.Dec. 31 A
v
High
Low
'
d-O
June 1964-1969
1—Dec. 1964-4969
—
No.
103.4
103.4
*106.8
M-3
i
-1962-1967
—1963-1968
Treasury 2'As
High
111.30 111.30
3-D
f
^948
1949-1953
1950-1952
1952-1954
1956-1958
2'As
Treasury
Treasury
Asked
January 1
"
■:'A
A-O
J945
Treasury 2'As
Treasury 2'As
Range Since
Sold
Low
—1951-1955
-—1955-1960
1945-1947
1948-1951
1951-1954
-1956-1959
1958-1963
1960-1965
-—
-
Bonds
Friday's^
Sale Price Bid &
Period
——-—1947-1952
1944-1954
1946-1950
1944-1940
1946-1949
1949-1952
«—.-1946-1948
Treasury 4'As.
Treasury
or
Government
S.
t.
Last
Interest
Stock Exchange
Ended Dec. 31
Week
Week's Range
Friday
BONDS
York
New
BONDS
87
78
88
85%
88
64
72%
"
A Extl
oris
sinking
oris
A Extl
A 6s
For
s
F-A
1961
sinking fund 6s
23%
F-A
1901
—Jan
19%
J-J
6s
f 6s_—
Jan
1961
J-J
—Sep
1961
1901
ys
1962
A-0
18%
19%
19%
18%
19 Vb
10
19
18%
19%
14
18%
19
A-O
1962
19
M-S
Sep
assented
assented
AExternal
A 6s
Feb 1961
-Feb
fund
assented
AWv external
sinking fund 6s
assented
fnotpotes see page 28.
"
20%
26
18%
25%
($ bonds of 1937)—
readjustment*,
—1979
1979
conversion—
3% -4 'A
,
-4^ extl conv
—1978
4-4y*-4'A8 extl readjustment—1978
3yas extl readjustment.,..
A Warsaw
A
(City)
external 7s._
4'As assented.
-
68'A
M-N
68%
M-N
*57
63%
3-D
*57
64%
70%
F-A
1984
19*»
1958
F-4
*55
J-J
70%
60%
10
F-A
\
10
10
11%
11%
11%
16
61'A
69
60
PP
66
72'A
52*%
66
10
13
10
13%
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
159
25
NEW YORK BOND RECORD
interest
;
Last
.
u
:.
,
——1947
Coll trust 4s of 1907-
10-year deb 4V<s stamped.,4--,4946
Alabama Great Southern RR—
,-'Nr
High
Low
January 1
Low
/
J-D
5
69 Va
69ya
•
M-3
»104>/2.
—
J-D
*102%
104
104
F-A
104
103
.
,
A-O
assented-—-—1948'"
A-0
Albany & Susquehanna.RR 3'/aS—1946
3%s registered—————1946
Alleghany Corp—
' ;
5s modified———————-1949
A Cent
■;
107 Va 108 '
*84%
*100'A
A-0
.1,"
110
.
'
100%
J-D
99 %
A-O
—————--—1950
A-0
86%;
;
99
income
A5s
Alleghany & West 1st gtd 4s——1998.
Allied Stores Corp 4 '/as debs—,—,1951
Allis-Chalmers Mfg. conv 4s—,——1952/
Am & Foreign Pow deb 5s——2030
49
.20
/
86
88>A:
-•
65%
70
23
23
69
107 VA 107%
53%
62
69%
102
'
■-
gold 4s—1948
%s series B
".
registered
88%
88 %
Jf-S
Amer I G Chem conv -5 '/2s——;—1949
104'/a
Af-N
J.J
61
90
.
V 106Vi 107 Va
78%
.
20
104 Va
104
,
;.:i2,.
,68%
91
38
47
23%
50
12%
42
6%
13 V4
12%
13%
13 V4
170
6%
;
19%
19%
'
55
A-O
55
27%
27%
27%
V-5
35
5
20
40
'"'.71:
*112
J-J
30
F-A
26%
v.
30 Va
28%
25.,
F-A
Jf-N
Af-S
28
25
J-J
29
30
—1987
,28%,
A-0
A-O
100
74%
;
16%
1;
16
.
73%
76
34';
83
100'/a
71%
.
357
74%.
36
111
,106 V4
123
96%
38%;
20
10
■
■
40%
■
16 V»
43
;
71%
85%.
18 Va
93
;
100%
-95,
,
37%
;
•177
31%
.
107% 107%
1003/b
57%
110%, 112Va
85 Va
85%
J-J
Certam-teed Prod 5%s A———1948
,
r1,' 64
35%
38
•
V.
J-J
Central RR & Banking—
8 A 5s stamped ——.——1942
107%
:;I04
;
U
■
105%
100% 102 Va
30%
57%
13 Va
M-N V'
Central Pacific 1st ref gtd gold 4s_1949
Through Short L 1st gtd. 4s1954
; rGuarafiteed
gold 5s_—
I960
91%
106
,103%
82 Va
60 Va
102%
5'
v.'..'
53
76%
J-D
-1968
-
107 Va
48
21
101 y4
51
81%
A-O
,
no
:
,
,12
101
53%'
105% 105 Va,
,
101.
f-A
AGeneral 4s———,
;-.*.1987
4s registered———.
—,1987
Central N Y Power. 3%s———1962
106
*49%
j-D
A-O
Light 3%s
High
62
106%
107% 110%
7
*107 Va 108
V—
J-J
—1959
5s
ijvto
8
.
tACent New Eng 1st gtd 4s_—-1961
JACentral of N J gen gold 5s
.—1987
94
105%
*104% 105'A,
M-S
100%
95%
60%
"
F-A
Am Internat
Corp conv SVbs——1949
Va
92'/a
'
69,
A-0
99
90%
90 %■
1st
99 %
Georgia Ry—
Central Illinois
,
.
U P
ao.
'
A Ref Si gen 5s series C—
—1959
AChatt Div pur money gold 4s—1951
AMobile Div 1st gold 5s_——1940
/
•
.101%
•93%
Branch
Range Since
January 1
Sold
109% 109%
M-N
A 1st mtge 5s—...-.Nov 1945
5 A Consol gold 5s—,—.„,_1945
./ A Ref Si gen 5
90%
4 94%
—
■
—
,
90%
62
-
8
loi'/a
:
•
62
90
101
107
..
90
90
90
A-O'
,
'
*
J-J
modified——--—1950
*
5s
J-J
tCentral of
105%
Bonds
High
98
—
F-A
Celanese Corp 3Vas debs—.——1982
Celotex Corp 3%s debs/, ;.-...i..,1955
48 ; 4 ,103% 106;
101%
J-J
Cart & Adir 1st gtd gold 4s™_-._198l
.;
*102 Vi 104
.,1949
Low
M-S
,
104%
102
Week's Range
or Friday's
Last
Sale Price Bid & Asked;,
Period
Carolina Clinch & Ohio 4s—,,,,.1965
Carriers & Gen Corp 5s w w,
..1950
76%
102
,
Interest
•
i
,71%
48%
:
i,;
Albany Perfor Wrap pap 6s——1948 /
warrants
Friday
New York Stock Exchange
Week Ended Dec. 31
:
High
64 Va
J-D
M-N
with
'
•
X§ACarolina Central 1st gtd 4s
'1st mtge 3V4S ser A__———1967
Alabama Power 1st mtge 3VaS—--1972
6s
BONDS
'•Range Since
Friday's
Industrial Companies / '
jAbitibi Power & Paper¬
less series A unstamped,,-,,,,1953
A Stamped
——1953
Adams Express coll tr gold 4s——1948
-
or
Sale Price Bid & Asked
.
Railroad and
Week's Range
Friday
BONDS
New York Stock, Exchange,
Week Ended Dec. 31
!'
<96 Va
'74%.
55%
,
American Telephone & Telegraph Co.-—
3%s debentures-————i-1961
3%s
108
107% 108
09
J-D
108%
107% 108'A
43
Anglo-Chilean Nitrate deb——1967
Ann Arbor 1st gold 4s
—J——1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B—
1955
1st sink fund;4s series C (Deli. 1957
debenture?-^——1978
7s income
110%
110
Jan
66
66 Va
4
51 Va
74
Q-J
75% ,"76%
37
61
78%
102
102%
166
94
Adjustment gold 4s
—
1995
Stamped 4s———1995
Conv gold 4s of 1909
.
—1955
1905——————^1955
Conv gold 4s of 1910————--I960
Conv 4s of
r-1958
Trans-Con Short L 1st 4S:
Atl Knox & Nor
1st gold 5s——1946
Atl & Charl" A L ist 4Vis A-———1944
1
»l02Va
M-3
General
gold 4Vis.
.—1992
Ref & impt mtge 3% s D_
1990
Ref & impt M 3%s series E—.1996
3
105 Va 105%
J-J
113 Va 114
A-0
103%
;;
132
M-N
107
Potts Creek Br 1st 4s_——
__1946
R & A Div 1st cons gold 4si_i^..l989
30-year 5s series B—,——1944
Atlantic Coast 1st cons 4s.
July 1952
General unified 4 Vis A——1964
114%
119
AO
21
118% 119 Va
.
96%
107
95 %
107%
105 Va
111%
111%
104
108
105% 105%
106% 107
.*110'%,-.
J-D
J-D
*110
J-D
*107
;
;
HOVi
'
.
.111% 111%'
J-J
5
■
111%
J-J
^
J-J
-Z-
/
M-S
91 Vo
89%
91 Va
69 Vi
67%
69 Vi
89%
/
4s
33%
32%
5s—1959
J-J
32%
29 Va
40
4
100%
105%
2
104
107
105% 105%
.
'
i0^-'''102
31%
*—
1977
F-A
84%
1971
F-A'
J-J
A.
92%
II
.
102%
100 V4
96%
105
97 V4
"l03Val05
97%
series
6
93%
M-3
—1997
—1982
Chicago Gt West 1st 4s series A—1988
AGen inc mtge 4%s
1
,—2038
JAChic Ind & Louisville ref 6s A—1947
ARefunding gold 5s series B—1947
45%
6
104 3" 104»i
M-S
33
120
15%
882
104 Va
1958
5s
121
115 V4
.
108%
118%
'
Va
registered——i———1949
mtge inc (conv)—.—
Chicago & Erie 1st gold 5s
90 Va
33%
4s——-i-—1949
A Gen
73%
63
34%. 36'A
J-J
22
102
102%
102%
97%
98%
-46
81
84 Va
84%
45
65
85
92%
91%
92%
47
73%
92%
49%
48%
49%
i
,
99 Va
Chicago & Eastern 111 RR—
93%
63
'74Ve
J-J
A-0
1st & ref
104%
-67%
117
90 Va:
i
J-J
Division
—
110
102 V4
70
J-D
36%
Refining deb 3s———.—1953
108%
76
102
...
General 4s———'————.
1st & ref 4 Vis series B
* 103%
102
•
90 Va
Atlantic
;
114%
107%
J-D
J-J
Atl Gulf & W I SS coll tr
137%
102%
^1
*121"'"'—.
*llt! •
J-J
'
—.—Oct 1952
gold 4s
130%
10
106% 107
106% 107%
;
J-J
Elinois
120%
111%
105
105%
106 Vi
5
16
Nov
M-N
Atlantic & Danville Ry 1st 4s
1948
Second mortgage 4s
——1948
N coll
12
131% 132%
F-A
Illinois division 3%s
-i'l/J—,1949
3 %s registered———l/li—Lri949
/
1
M-N
L &
92%
.
J-J
2d consol gold 4s__..____.y„a.l989
? A Chicago Si Alton RR ref; 3sJlXini949
'
,s'U.(a A..09V
Chicago Burlington & Quinc^ORR-^O f
107%
108%
;
26
M-S
.
103% 106%
23
105% 105%
105%
F-A
•
1st
18
101% 101%
65
Chesapeake Se Ohio Ry—
'
109
108
..
Atchison Topeka &.Santa Fe—
General 4s-^———-——-,^—-1995
rl0iv4
;
23
117%
105
98 Va
103% 104'A
A
107 Va
107
.114% II6V4
104%
108
deb
110%
100%
116'A
A-O
M-N
1956
debentures
Tobacco Co
Am Wat
107%
■
6
M-S
3s——1962
Wks & Elec 6s series A—1975
3s conv
Amer
—1966
debentures——,—--
A-0
ARefunding 4s series C—
,,
,
.11947
A 1st
& gen 5s series A
1st & gen 6s series B
1966
—May 1966
Chicago Ind & Sou 50-year 4s
1956
A
Jf-N
122
32
46%
J-J.
48%
J-J
~3
46%:
'46Va
J-J
32
'38 V,
8
31V4
50
'
"47
*44%
Va
r!0%
Jf-N
10
J-J
66
5
58
31%
29%
'•
:
;
10%
9%
77
48%
•
46
47
J-J
124%
77
75 Vi
r
49%
118
*124
J-J
53%
49%
6%
58
15%
,
'
-44
93
43%
74% :
40 Va
70
44%
79%
45
78%
45 V4
19
1,878
2,755
18%
47%
4,/a
16%
87%.
69
66%
99
87%
,
6%
11
9% no%
J-J
15%
tChicago Milwaukee Si St Paul—
AGen
4s series A—-—/--May 11989
gold 3Vis series B—May 11989
4%s series C__
May 11989
J-J
4%s
series' E—__May 1 1989
AGen 4%s series F—May 11989
tChic Milw St Paul & Pac RR—
A Mtge gold 5s series A——1975
ACouv adjustment 5s„—_Jan 1 2000
AGen
B
AGen
AGen
Ohio RR—
&
Baltimore
1st' mtge
July 1948
gold 4s——
Stamped modified bonds—
1st mtge gold
(int at 4% to
Oct 1 1946) due
..—July 1948
Ref & gen ser A (int at 1% to
Dec 1 1946) due—
——1995
Ref & gen ser C (int at X%%
to Dec 1 1946) due
1995
^
71%
A-0
A-O
70 Va
73
.
J-D
42
40 'A
42
157
32%
52%
J-D
47
45
47
162
35%
;
/
,
Jf-S
41%
40'A
42'A
42
40'A
42
123
F-A
31%
29%
32
32%
135
Jf-S
462
•)•.
Sep 1 1946) due———;—1996
AConv due——— Feb 11960
Pgh L E & W Va System— Ref gold 4s extended to
1951
S'west Div 1st M (int at 3%%
52%
:,',;-
due——,——1950
Toledo Cin Div ref 4s A—.,——1959
to Jan 1
1947)
J-J
Aroostook RR—
ref 4s_,-,;»——,—2„-1951
stamped——-1951
.
64%
78
Z-51%
70
A 1st &
ref
&
ref 4%s
57%
61
40%
62
A 1st
&
46
01%
AConv 4%s series A————,,-1949
57
'.
56 »A
57
74
74 V4
73 %
73 Va
'
'
20
Bangor &
Con
:
4s
gtd 3s„, 1989
Beech Creek Extension,lst 3%s___4951
Bell Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2%s„,——1950
J-J
J-J
A-O
129%
100
A-0
104% 105
J-J
105
M-S
*92
M-N
53
4s——1955
F-A
41'A
101
100%
98 Va
5
101.
Af-N
3Vis——1968
,——---1950
4%
to
1946)
102%
VC:'
cZ
105%
63%
64
65%
63%
65%
—
95%
QK
105
.
Jf-N
94
A-0
45'
jf-N
108%
i
95 V3
101
45
-'
9
-
gold
'
A-0
,
109 Va
,—1963
,1963
,
35%
81
-
86Vi
233
/
11
81
86.%;..
77
29
,
'
22'A
J-J
;;7 I
115% 115%
:
J-D
J-J
'
Canadian Northern Ry deb 6V2S—1946
Can Pao Ry 4% deb stk
perpetual—
:
106 Va 106%
106%
JrJ
J-D
115% 115%
see
page
28,
in'A
*116% 117
115.
115'A
111% 111%
84'A
F-A
108% 109
;.r
54 Va'
A-O
100%
„
1,
r4t
l a
S£;a..l«iVV;V<3f'
75
.-
.
57
.
'"41
44
38
59 Va
-
-
63
53
47%
59
.^'1/ Luim94% 105 %
;105%
.
54Va-
47%
53
Jf-N
52
28%.
*108% 110%
J-D
JJ-N
*112,
--•
88%
J-D
JrD
J-J
J-J
••:
i
58
-
M-N
V
116
58
'•
88%
'
Gen & ref 4Va& series B..—1981
24
3 %s
A-O
A-0
102%
102%
109%'
79
i
\
5s series B
gtd-—--—1973
A-0
C———1977
A-0
Coal River Ry 1st gtd 4s——-11945
Colo Fuel & Iron 5s inc mtge——1970
J-D
.•1st
is f
' *106
U-u
—
92%
109 Va
A-0
108
108
-
~9
96'/a
93
106
71
48
;
-76,,""
62
94%
64%
87 V»
'59%
103%
'■
2
,'83;. tov,84V2';'. 84%
•:
99
75%
9
80
78 V*
104
93%
96
,111%
106%
118%
109
Colorado & Southern Ry.-—
4Vas
(stamped modified),-——-.1980
84
46%
53%
103V4 104%
37
92 Va
104 %
*102% 103%
52
Jf-rN •'■
26
88 / '
103%
109%
110%
20
107%
111
49
103%
20
Tll'A
118
Columbus & Sou Ohio El 3V4S—.—1970
M-S
19
110%
114
Columbus Si Tol
-.1955
F-A
5
lllVi
113%
1st extl 4s_
113%
A Commercial
88 y4
105
;
*109
A-0
109 Va
52
.95 Va
105'A
■
^
—
108% 109%
*113%
—
112% 112%
'
Commonwealth Edison Co—
91
83%
■
"f-t '84':4V;;82% : 83%
"ll,75': SZ74^
104%.
15
61
58 Va
105
;.
..
.95V4
;
.
'93
J-J
99% 100 Vi
106%
90%
108
.;
:
'
*106
__
v-0;
V .A
Jf-N
~7
,
.
,
105
J-J
D
*108
:
F-A
F-A
Series
Cleve Short Line 1st gtd 4VaS—1961
Cleve Union Term gtd 5 Vab——1972
71V4
65
M-N
gtd—,———1950
■General 4%s series A———1977
; Debenture 5s——————-1961
Columbus & H V 1st extl gold 4s_,1948
27;
46
6
80
89%
85%
<•46%
;
21
52%
106% 106%
106%.
71
■
•
.
79%.
80
J
55%
50%
__
10
88%
'*91,/a,
/
.
112
108% 110%
109% .113
•
88%
1.
68
110%
■;
*109% 110%
F-A
.' 97 "
•
59Va
107% 111%
*108% 108%
F-A
Columbia G & E deb 5s———May 1952
2
1104 Vi
104
J-J
.
■
A-0
1957
101%
84%
92V4
-6.7;.,75
U-,53.%ra71
kq48x: ttD?107% 110%
■,f.e'a8i3Sif>LQQ;ii,105V!i.'
1943
5s
118%:
113 V* 118%
113% 119%
1
.
*101%
J-J
M-S
111 Va 111'A
■
r2&
104% 104%
Cleveland & Pittsburgh RR—
)
:
Series C 3 Vas gtd
——1948
-
'^5%'-95%-4,'^3ri$
U'.
*
;*ii6V4116%
■
'
92
.
58
v.
™'
'
;
.
102% 103
102%
J-J
/Cin Wab & M Div 1st 4s—
1991
St L Div 1st coll tr gold 4s
-1990
Cleveland Elec Ilium 3s
—1970
23 Va
.
10234 102%
-„•«»
.'«ww
n* t
59
>
'
footnotes
'■/.
13%
•' /-.V
60
59%
*50
J-J
Ref & impt 4%s Series E———1977
50%
11%
91%rV;l."-:
22,
•
74
72%
60
"-ri
.'
103% 104
i
110%
108 Va
95%'
J-J
F-A
For
:
41
■
J-J
/Cincinnati Gas ft Elec 3V4s——1966
1st mtge 3%s——
——1967
Cin Union Term 1st gtd 3%s D—1971
1st mtge gtd 3%s series E———1969
Cleve Cin Chic 81 St Louis Ry—,
i General
gold 4s—1993
96%
109
-.of-
.102%
A-0
equipment trust. ctfs„—,1944
Coll trust gold 5s__—
1954
Collateral "trust. 4 Vis—
i960
/: 38
4Va
70
.
•••
64 Va.
M-S
A Debenture
,110/115%,
■r-'-'iv-
A-O :
A-0
.1956
5s
19
20%
292
"
:■
"v-
72 Va'
M-S
XAChoctaw Ok & Gulf cons 5s—1952
99-105%
,;66.%
A-0
———1951
4Vis
61%
-
537
9%
.
i
"
105 Va
83%-
V 6-->
22% '
•
'.
64%
\.7-/V'
-
104'A
;
21
:.s 21%
*88
•;
J-J
-1955
11955
gold 4Vis_—
64 %
35
1,108
■
77
33%
30
91%
.
J-D
1st s f 4V2s series
Guaranteed
46%
'
550
.40%
id *:-:/■
4
3
■
37%
•
•
8%
*71
J-D
(AChilds Co deb. 5s
111
•95
?
103%
105'A
43%
21%
A-O
.19?
':314sli.i,Z4968':
Guaranteed
.
J-D
J-D
;
1970
64%,
61%
61%
1st & ref 4 y4s series D———1962
•»;. >
.
76%
61
50
46
10
'109
A-0
Oct 1969
76%
:
50
23
.
Va
60
22%
53
668
76%
81 Va
23 Va
60
12%
>~63%
J-J
—1951
u:
5S——^-JulyT969
47%
:
■/;
50
67
65%
39%
92
50
•
..
101V*
Income
deb
Mackay Corp—•
w
w_—
Apr 11969
1st
mtge 3%s series I—.
Conv debs 3Vas_—
—1968
—:
1958
May
J-D
J-J
112Va
.
j iU% 112%
54
114
'■
108%
111%
'4.111% 111%'
108%
115Va
'-'*110
—-
■
67 Va
35 V?.
89
,
64%
34
-5'.'
50
48
/
'
33%
I
33%
73
12%v -11%
•F-A-,-
,——1951
Chic 81 West Indiana com 4s_——-1952
58
.teihih)' vi
gold 5s_
Guaranteed gold 5sll,
Guaranteed gold 4%s_.
50
M-N
3%s———^
Chicago Union Station—
1st mtge 3%s series E
1st mtge 3Vis series F
86%
^
,
80%
'
•
23%
2
,
65%
32
,
22
81%
48%
50
49%
/
;64
335
.65%
39
91
39%
•
■
64
30%
33%
'
67%
79
81 Va
J-D
32%
13
65
36
Gold
101%
73%
3
'
111% 111%
F-A
—
Guaranteed
;
83
;
64% .64%.
65
67%
:
9 Va
4%s series A
Income guaranteed 5s_,Dec 11960
A Certificates of deposit———..—
14
109
94%
105
J-D
10s7
Canadian National gold 4%s„—1957
Guaranteed gold
2.2%'
65
'
Cmuumm-Uiegou Jftrww *6—iwoo
Canada Southern cons gtd 5s A—1962
47%
V
67 Va*
J-D
.
6s gtd-,,,—. .—I960
Power
98
149.
'
67 V2
J-D
Chic T H & Southeastern 1st 5s—.-I960
22
•
Elec
'
M-N
Memphis Div 1st gold 4s
105
53
41JA
j-
California
■T—
M-N
General 5s series B———.—.,—1993
(interest
-
M-N
May 1 2037
80
92%
,*103% 104Va
109
Af-N
B-—--—1981
series C—1967
Bush; Terminal 1st "4s_u—
Consolidated 5s—_——,
Bush Term Bldgs
62%' 64
64
M-N
40 Va
103
78
,
4
-
;108% i09Va
Af-N
(Burlington Cedar, Rap & Nor-,8 A 1st. & coll 5s—
;
A Certificates of deposit,,
64
M-N
M-N
103
102%
''
84%
50%
qc;
Af-N
B———1957
due
ll'/a
37V4
.
Buffalo Rochester & Pgh Ry—
modified
12%
Jf-N
106
100%
2
95
'40
108%
J-D
Stamped
A-0
'■■ i" 44%
M-S
jASecured
105%
103%
'
94
83%< C. 83%
F-A
•
4%s
AConv
103%
8
<100'/a 101
,v.*92
J-J
Bklyn Union El 1st gold 5s——1950
Bklyn Union Gas 1st cons gold 5s_1945
1st lien & ref 6s series A———1947
Buffalo Gen Elec .4 Vis
' /
-
103
A-0
Buffalo Niag Eleo 3 Vis
47
1952
132%
99%
-
*104 Va 105%
J-D
M-N
gold 5s
F-A
gold 4%s———
.—I960
Chicago StL & New Orleans 5s—.1951
128%
'
5
100
105
*>A
II——.—.1955
1st lien & ref 5s series
5.
102% 102 Va
gold 4%s series JJ
——1,1961
1st mtge 4s series RR—————I960
>l Ainc mtge 4Vis ser A——July 1970
; Debenture
.
F-A
1st
Bklyn. Edison cons M
:
99%
82%
!
79
'
Bi£:Sandy 1st mtge 4s-.——-,—-1944
Boston
Maine 1st 5s A C——1967
t A Boston & >N Y Air L 1st
5
100% 100 Va
A-0
debentures——,——1956
debs—,——-1952
F—1959
boo sol mtge 3s series G——1960
Consol mtge 3%$ series H———1965
Consol mtge 3Vis series
series
5
98 Va
78% :•
73
stpd——May 1 2037
C
May 1 2037
gold 5s—;
ref
(JAChicago Railways 1st 5s stpd ;
;
25% part paid—_i,_1927:
(AChic R I & Pac Ry gen 4s
1988
A Certificates of deposit,
{ARefunding gold 4s————1934
49
-
71%
78%
•
,
'
2%s
M 5s
76%
45%
129% 129%
J-D
Beth Steel 3V2s conv
i'it
'
;.
76%
60
6
'
98%
A-0
59%
; ;6>-;/
ml'-m
/
*48%
J-D
Battle Creek ft Sturgis 1st
■
78
J-J
M-N
.63%
57
J-J
A4Vas stamped——————1987
§ A Secured 6%s
:——
1936
56%
64%
J-J
397
M-N
A 1st
M-N
209
79%
tax—1—1987
AGen 5s stpd Fed inc
37%
24%
.
.
I,'
.——1987
4s
"32% "'"52 Va
{
4s—
registered————
—1987
h
AStpd 4s n p l ed inc' tax
_198l !
AGen 4%s stpd Fed inc tax
.11987
(int at 1% to
due.—--—2000
(int at 1% to
,
Sep 1 1946)
AGeneral
Ref & gen ser F
:
i
(Chicago & North Western Ry—
AGeneral gold 3 Vas,
,——1987
3 Vis registered—
,_._1987
57
'
Ref & gen ser D
407
70
71%
•
77%
60 Va
104
73
72
75%
59%
227
71%
74%"',
64.
78%
74Va '
.
■VV- 70
J-J
J-J
THE COMMERCIAL &
Monday, January 3, 1944
FINANCIAL CHRONICLE
BONDS
Week's Range
or Friday's
Sale Price Bid & Asked
Friday
BONDS
Stock Exchange
Ended Dec. 31
New Tork
Week
Period
„_1951
& L 1st & ref 41/2$
f 3%s A
Conn Ry
Consolidated Edison of New York—
1946
1948
3 %s debentures
1956
3Vis debentures
1958
Consolidated Oil conv deb 3%s—.1951
gAConsol Ry non-conv deb 4s
1954
A Debenture 4s
.1955
A Debenture 4s
.1956
3'As
3'As
debentures
A-0
*
104
107% 107%
5s——....I960
Consolidation Coal s f
y
.■/
•' ''
..
104%
107'A
Louisville Div & Term
108'A
10
J-D
105'A 105^8
105%
43 %
J-J
106
109'A
32'
103%
105%
"
,
.
•
•
J-J
'', !'•'• '■
January 1
Low
No.
High
Springfield Div 1st gold 3%s
Western Lines 1st gold 4s
159
42%
5
85 V
94
80
61
2
47%
61
5
••
64
*8.7%
48%
65
80
95
>/76%
J-J
F-A
77
42
58%
58%
78%
58
10
62
■? 64
67%
54'A
.97
63%
72
*58%
J
'
78
■A//19
62%
;'55%
57%
167
47%
,51%
53%
100
43'/a
;
.1963
1963
series A__
Joint, 1st ref 5s
103
48%
'•
*77%
111 Cent and Chic St L & N O—
-.1951
66%
A 72
72
v
J-J
1951
51'A
51'A
22
'94
F-A
J-J A:
___________
67'A
47%
48%
J-J
J-J
gold'3%s_1953
1st
51%
92
1..V
99 i§
9913
J-J
Div
33
5,1
46
'
Range Since
Sold
High
66 Vb
67'/4
U-N
F-A
J-D
;
gold 3s___i.____.1951
St*. Louis Div & Term gold 3s
1951
Gold 3'As
1951
Omaha
32
31%
15
44 Vb
•
44
J-J
,
•
100%
103%
33
"
5
A-0
.1953
Refunding 5s
'
J-J
v
111
102'A
j 104'A
21
;
104%
104
Bonds
Friday's
or
Rid.& Asked
Period
40-year 4%s_:—:
;
1966
Cairo Bridge gold 4s
i
195p
Litchfield Div 1st gold 3s_______195l
1053b 106
Last
Illinois Central RR—(Continued)
114
108%
101% 102 "(1
102 %
A-O
debentures
Week's Range
Friday
Interest
Exchange
31 1 A
Dec.
Low
100%
109%
J-J
3'As s. f. debs_1953
Cigar
Consolidated
113%
—
109%
F- A
1961
Conn River Power s
*113 %
J-J
Ended
Week
High
Low
No.„
High
Low
A
January 1
Sold
Stock
New York
Range Since
Bonds
Last
Interest
•
1st & ref 4'As series C
A
57%
53
J-D
'-A J-D
60
56%
"A
'
Power Co—
3 Vis
Consumers
1965
1st mtge 3Vis—
—...
1967
1st mtge 3Vis
1970
1st mtge 3V4S__.
1966
1st mtge 3'As
—19^9
Crane Co 2'As s f debs—
1950
Crucible Steel 3'As s f debs—..—195c
1st
mtge
5 Vis—-—1942
i A Cuba Northern Ry 1st
ADeposit receipts
ACuba RR 1st 5s gold
19c>2
receipts
A7.Vis series A extended to.—.1946
ADeposit receipts
----A6s series B extended to
1946
ADeposit receipts
Curtis Publishing Co 3s deb
.-1955
ADeposit
2
..
m-N
m-N
108
108
m-N
..
.
j-d
;
j-j
111%
103'A
Interlake Iron conv deb 4s_____
1947
tAlnter-Great Nor 1st 6s series A.1952
AAdjustment 6s series A___July 1952
93
'/;;h
45%
98'A
32'A
45%
A 1st
37%
15
27
40
53
2
38
53%
44%
'
38
53
44'A
•30
J-D
51 Va
27%
40'A
42
48
26%
*36%
38%
*50
j-d
...
...
a-0
39
*36%.
:
.wA
1956
;
ref 6'As—
Debentures
1955
5s_._
1951
{Alowa Cent Ry 1st & ref 4s
102%
102%
104
24%
52%
167
'
17
6%
24%
39
i
23%
48%
43%'
-.,41%
23%
38%
4
59
102%
105% :
7
104%
107%
104% 104%
106 % 107
• •
A
•
70
92
*101% 103
101%
95%
99%
*97%
48%
79
43%
55%
.
\i
157
41%
58%
J-J 'X
M-S
Af-N
102'/a
77%
A F-A
A M-3
'•75%
77%
149
63%
80%
82%
J-J
4'As___1952 -//
Telep & Teleg deb gold
Int
101%
2
43 %
F-A
&
-
106%
62
47%
16%
43%:
J-J
/
1947
lien
1st
101
96%
2
100% 100%
...
'
•
.
gold 5s series C
104%
3
103
45%
.•
16%
A J-J
A-0
39%
.
B
„_1956
Internal Hydro El deb 6s
1944
Internal Paper 5s .series A & B
1947
Ref;sink fund 6s series A
._._1955
Int Rys Cent Amer 1st 5s B
1972
A 1st
:>.■
'44'/a
36
13
iJi'
*50
series
5s
103
47%
47%
108%.
3
>
102'A 102'A
102'A
99%
••
24%
108 %
105% 105%
105%
J-J
A-O
:
82
8
.
39'A
"108% 110-,.
A-O
108'A
4
*39'A
1
Af-S
•" ~ A-O
A-O
109 'A
98%'/'?
97%
J-J
;
1956
Indianapolis Union Ry 3'As ser B.1986
Inland Steel 1st mtge 3s series F
1961
Inspiration Cons Copper 4s
1952
112%
•
V45
J-J
1950
:
1st gtd 4s
IAInd & Louisville
'
98
j-d
:•
101
.'
■
1st,gold 4s
Ind 111 & Iowa
111'A
106%
2
V
.
110
110
10.
108% 108%;/: tJy 9,
V *102% 103
15
V v 98
98'/4
•'
m-N
a-0
V'
v
__
108
109 i
V" 108'A 108%:"': ■V.;' *109%
110%
110'A 110% v.v
Af-N
,80%
82%
138
66%
85 %
3%
14
1%
3
3%
D
1970
L 1st mtge 3s_
Dayton P &
series B—1465
Dayton Union Ry 3%s
Delaware & Hudson 4s
extended—.1963
Delaware Power & Light 3s.—,—,.1973
;§ADen & R G 1st cons gold 4s—1936
——1936
Aug 1955
gold 4 Vis
& R G W gen 5s
§ AConsol
J A Den v
a
ARef
(subject to plan;—& impt 5s series B—
1978
Assented
tADes M &
1935
ctfs
Ft Dodge 4s
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
Detroit & Mackinac 1st lien gold 4s 1995
A Second
gold 4s——
1995
Detroit Term & Tunnel 4Vis
1961
Dow Chemical deb 2'As
.
Dul Miss & Iron Range Ry 3Vis—1962
$ADes
„
& Atl gold 5s—1937
Light 1st M 3 '/as——1965
$§ADul Sou Shore
Duquesne
108'A
103
A
74
449
80'A
78'A
79%
M-N
104%
„■ %
*103
J-D
103
"105'A 105%
105%
J-J
80%
138
21%
46'A
5
22'A
5'A
5%
48
3%
4'A
4
4%
305
3'A
12'A
A-O
40%
117
18%
J-J
45 'A
43 %
45'A
J-J
46'A
41
39%
;
6%
20
*17%
M-S
100% 100%
V 89
1,
20'A
,
100%
109%
6
111
111
A-0
112%
109 'A
112%
16
103%
107 %
41
4
41
•
~r
99
99.
M-N
102% 102%
A-0
108 Vi 108%:
85%
106%
6
A-O
107'A
3
Railroad Co—
~
cons M 4s series B—
inc 4'/is series A
N Y & Erie RR extl 1st 4s
Ohio Div 1st mtge 3 Vis—„
"%/.
':
A-0
.
'"•A.
A-0
A-O
V.
j-j
80
80
2
••
5
.:
3
:•
- -
" **•
v.'-.''AV
■
Coll
_
J-J
64%
•101% 103'A
103'A
j-j
■l 62%
•*
V"
4
65
V". 80'/a
10
98
100%
—1947
1971
US
*103%
Vi
v': 67 v:
'
65%
'
107
.
Af-N
:
,
;
92%
Alst
103%
55
99
/
V
•
:extd 5s
v--;
-
■
A_fc.;—..1965
& N Y 1st gtd gold, 4s.-,—.1945
.
.;
' ■<
Lehigh &■ New Eng RR 4s
Lehigh
;
.A
Lehigh,Valley Coal Co—*
debs
—...1958
t AFlorida Cent & Peninsular 5s—1943
JFlonaa East Coast 1st 4'/aS
1959
a 1st & ref 5s series A—...
1974
A Certificates of deposit..
RR^—•
§ A2-4s (Proof of Claim)
of
"I
£
'
83
99 %
F-A
93
J-D
•
105
iu3'A
50
76%
99
44'/a
398
19%
'
44%
37%
43
M-a
38%
6
20
38 Va
-99
V.
■
13%
M-N
1982
13%
deposit
*103
J-D
3s debs—,—1956
Sugar coll trust 6s..
1956
4'A
10
13%
3
15
4%
103%
80%
25
98
14%
102 Va
..
98
M-N
13%
99%
,
A Debentures
ctfs
B
AGen mtge inc 5s
series A
Gulf & Ship Island RR—
1st & ref Term M 5s stpd
J-D
19
57
23%
30
50
103%
13
106% 107'A
107'A
99%
*101% 102
Af-S
97
103
Dec
101%
99%
J-J
110'A 110%
1
109
112'A.
J-J
112% 112%
11
102%
112%
J-J
105
105%
6
92'A
108%
registered
J-J
96 %
98%
J-J
Feb
4s series A..
1962
Co-3%S ext to...—1950
Long Island unified 4s——;
—1949
Guaranteed ref gold 4s__——1949
4s
stamped—-.—,———
1949
Loriilard (P) Co deb 5s
..1951
Little Miami gen
1st 5s series A—1969
99
103 %
Louisville Gas,&, Elec 3'As.——.1966
Lou & Jeff Bridge Co gtd 4s_i—1945
9
•
J-J
A-0
104%
Af-N
*97
65
26:
&.ref 5s
1st
&
69'A
97%
102%
106
109%
13
*111%
111%
H
1999
1937
m-N
Houston
1954
'Af-N
Oil 4'As
Hudson Coal
Hudson
Co
Hudson
&
1st
Gas
debs
s
f 5s
1st
series
A
gold 5s
Manhattan
1st
.1949
5s
A
AAdj income 5s
1st gold 4s
1st gold 3 Vis
1st
1st
series
A "
iori
eS A—1981
10—
•
..1
a-0
J-J
56%-
/• •
'
*116%
.
-
v-.
56%
27Va
101%
iqXi
-1951
A-0
lq(n
25%
enteral trust gold
footnotes
.see
4s_
page
1952
iq!?
{95?
.1"
28.
1953
'
56%
27Vb
'
-/•
'•
,*97'
205
19%
31
100%
97
60%
v
>•
J§AManitowoc Green Bay & North¬
western 1st gtd 3'As
1941
Marion Steam Shovel s f 6s
1947
Stamped—
60%
;
1945
1955
1960
Wat Sew & Drain 5%s_—.1950
W Side El (Chic) 4s—
1938
(Stamped mod), ext 5s__
61 'A
43'A
59%
Metrop
48
46%
62%
t§AMet
163
66
52%
75%
29'A
42%
4'/
/
i''
34%
297
37%
88
32%
.:
hi
34
5
31%
/'
27
35%
r
31%
>
42%
■:
■
.'•'
/
42%
42
64
15
65%
:
•:
*122
106%
107%'
/•
-y -.:
•
V
107%
109%
121 % .123%
ifc
v.
106
104 Va
98%. 104%
98%
2
120%. 120%
101% 102
99 %• 103%:
15.;
104%
A104
105 '•;
•?>'•
103% 103%
•104
107%
103%
*105
102 % 102'A
104%'
7
T 120
122%
22
101
•':/ 102%
.
;
94%
,94
108% 109
94%
50
75
123%
:
104'A
*107%
104'/a
115,
105'A
u
15
102
45
,41%
-•55%
i 9
-104 % 104 vr
104
40/
28%
,*30:;
37%
^121% 121%
A-O
A-0
A-0
A-0
J-J
J-J
F-A
Af-S
M-S
J-J
Af-N
J-D
M-N
Af-S
Af-N
J-J
A-0
A-0
.
:
51%
60%
71
44
16
64
61%
33/
•35%
34
•
73
'
'■
56%
h~y
104%
Market Street Railway—
47
63 %
59%
:vi
,"74'A
:■/. 64
12
78%
94%
6':/
108%
HI'A
3 ./
102%
104%
27
106% 106%
103%
.99
99%
93%
103%
103%
94%
99'A
88%
94%
43
106'A 106%
104
95
95
*104
108.
105%
100
-
95%
85
4V
102%
6
103
105%
106'A
_.'/■•
5
107
95
■t
2
,103% 103%
*98
■
28 ;V
,103% 104%-
109%
r
" 105
78'A
104%
95
105%
103'A
11
94
103'/«
111% 1U%.
1
110
111%
103
103%
'
5
62
89%
93 />
71% l. 73
,63%
63
;
83
;
63
.
Q-A
A-O
Af-S
A-0
F-A
50%
,
69%
66%
.
*52
;
59
70
56
50
-.
101% 101%
97
105'A
111
103
100
102 %
105'A
99%
106%
111
113%
89'A
..84
*12%
70
100 Va
*101
111
94
49'A
39
*71
96%
84%'
47%
—
*26
*103'A
10;
60
50
51%
69%
39
45%
90'A-91
J-D
'
McCrory Stores deb 3%
Metrop Ed 1st 4'As series D
60%
60%
64
,
.>;N
85
•
-/i
161%
j't
/
.
65 Vb
v
-
96
V
.
M
65
63
60
; •/
series A——.1945
Gen mtge 4'As series A——
1960
Manati Sugar 4s sink fund.^Feb 1 1957
AManila Elec RR & Lt s f 5s._i
1953
AManila RR (Southern Lines) 4s
1959
*
M-N
87
•
154
56%
'
series B
ref 4'As series
Maine Central RR 4s
97
96
A-0
60%
104%
92%
42
U-N
101%
97%
58
"V
62%
61'A
29
87
.*65
118%
•
98%
98.
88
46%
.1
58
*
78
75
94 %: 101%
7
105%
40%
116%
65
3-J
.
17,
133 'A
81
—»
Vb
1
Af-S
gold 3s sterling
*97
J-J
—
103
2
19C
58
101'A 102
*99
J-J
I
553A
80
11
85
52 'A
127
5
131'A 131'A
85
F-A
-
v..
105'A 105%
j-d
m-N
gold 3As.
Collateral trust gold 4s._
Refunding 4s
Purchased lines 3 Vis..
For
;
1957
Feb 1957
Illinois Bell Telep 2%s
Illinois Central RR-
Extended
1962
j-j
RR—
2003
C—2003
1st &. ref 4s series D———
—2003
1st & ref 3%s series E___
2003
Unif mtge 3%s series A exU
1950
Unif mtge 4s series B ext_.i.—.I960
Padueah & Mem Div 4s—
;1946
St Louis Div 2d gold 3s—__——1980
Mob & Montg 1st gold 4'As—
1945
South Ry Joint monon 4s___.._.1952
Atl Knox 81 Cine Div 4s.J
1955
1st
94%
v...
Hocking Valley Ry 1st 4Vis—
*§AHousatonic Ry cons gold 5s
Nashvilfe
15%
97
...
104% 105
Louisville &
54
7
1963
debentures.'....:
69%
112
15%
31
75
65
v
■
73%
93%
69%
97%
86
M-S
Af-S
3s
*
f\
89 'A
'
52
12
97
■i 84 %
106%
JH-S
Louisiana & Ark
75%
63 Vb
*65
U-N
A-0
100%
90
63%
A;
Long Dqck
105%
58
80
•
.
..{99% 100 V/
,-95'A 95%
87
/ F-A
99%
2
r89
1'89
J-J
1969
1951
debenture.—
83%
70
14'A
15%
J-J
J-J
A-0
83'A
*62'A
89
.
%/ 93,%:.
83
r
A-0
24
91'A
90 Vi
91'A
V' 7
6 96%
,
95%
M-S
Af-S
F-A
A-0
J-J
102% 102%
J-J
Feb
1975
2015
5s
gtd....1965
4s—
56
98%
102 Vi 103
102%
99%
99%
93%
95'A
V ,.
-V
., V
M-N
' A-0
83
99'A 100
100
;;
-v»
99%
>
'
—1955
7s__—1—1944
1st 50-yr 5s
Liggett & Myers Tobacco
102%
J-J
4%
1%.
101 V:
'
97
55%
109
*99
J
V; /.w
85,
f
'
34%
J-D
1952
1961
f 4'As
Gulf States Util 3 Via series D
Gulf States Steel s
*46%
J-J
—
Gulf Mobile & Ohio 4s series B.
21'A
23%
J-J
104%
4
..
85%
\~j
-v,''
Lehigh.'Valley RR—4s stamped. modified—....
2003
Af-N
4s registered—i-—i———2003
* , —-v:
4'As stamped modified.... —
2003
Af-N
Libby McNeil & Libby
98
11
101% 102
J-J
1949
jAGeorgia & Ala Ry 5s
Oct 11945
*§AGa Caro & Nor 1st ext 6s
1934
Goodrich (B F) 1st 4'As
1956
Gotham Hosiery deb 5s w w
,—1946
Grays Point Term 1st gtd 5s
,.1947
Great Northern 4'As series A
^1961
General 5 Vis series B
1952
General 5s series C
—.1973
General 4'As series D—
—1976
General 4'As series E
..1977
General mtge 4s series G
1946
Gen mtge>s series II—...
..1946
Gen nttge 33As series 1
1967
AGreen Bay & West deb ctfs A
1007/a
'.2
108 %
98%
.\-.Vv
Lex & Eastern
J-D
of Berg Co cons 5s.—1949
Steel Castings 5Vis—...
105%
8
'"'■H 62 'A
63%
J-J
J-J
A-0
M-S
•
2003
5s stamped modified.i..^...—,-.2003
Lehigh Valley. Terminal Ry ext 5S.1951
Gen
106%
108%
.
15
99 %
!
'
4 'A $'
Gas & Elec
175%:
105
51
V 93
.
J-D
fund 5s_——
1954
F-A
stamped.—.—.—1954 -V;;
1st &,ref sink/fund 5s.——.—.1964
'F-A
5s .stamped...'——,—_.__._1964
—■}1st &.ref sink fund 5s__:
—1974 . . F-A
5s
stamped.^w——^1974
—;,v
Leh VaL Harbor Term gtd 5s_^_.—1954
;
F-A
Lehigh Valley<N Y 4'As ext..
1950 A,* J-J
112
37%
97%
J-D
Food Machinery Corp
Francisco
102%
—
112
112
J-j
{Fonda Johns & Glover
A Certificates
*102'A
9f
20
101% 102%
102%
.Af-N
M-N
.1961
& Rub 3s deb
170'A
107.
99%
99
99%
5s
Flintkote Co 3s
93%
95
/'' 83%
83 "
r.
■**/"
5-• •,'/
61
99% 100%
A
A-0
F-A
1st & ref sink
Firestone Tire
"••;,/
'A*—'.
••
118;//
85
1'..^W(-rf'.
| *3%
75
93'a
103 % 103 % /
;
--a
.1975
mtge income reg.
Lehigh. Coal & Nav s f 4'As A—..1954
Uons sink, fund .4'As series C
1954
65'A
106% 107'A
/
99,. 104%
;v/V
?.. 111%
2
.b
.107% 107% '
'■ -r
';'
110%
y."
ref 5%s series C_..._.
&
LautarcNitrate Co Ltd—
1995
2015
■
'••if/
//.
*109
;;'.a
Af-s
105%
46?"
*.i'06/'
'
-*
Af-s
^.1945
,1953
"Coll. & ref 5'As series D-A..
1960 V i
Lake Sh & Mich, Sou gold 3'As
1997
A
3%s registered......,.;-—i—..1997
'
Laclede Gas Light
82'A
64
'
C
.■/
'
8
•
/
*160'%
*•
•'
78%
b2.h%
.*88%-
::
■,'/■'■ iiM
Af-s
3%s__
,-.1961
3% notes.——..1950
ctfs
1959
'*>«:
151%
100% 102%
*102 % 106'/a
;V
:
100'A
100
■
;v:r'; 5
81'A
81
81%
80
V
106
•
>
vx
J-J
V/ 69%
111
148
A.
s
v-;:
102'A
102
►' 106
Af-S
■
J-J
15
siy A.
v
'•*93%
-
89
62 %
•'
;
91
61
37
;/::
/
V
61%
v
*52%- 62
*91%
Si
1
'
114 'A
hx X'w
x
j-j
1954
103%
98%
108% 108%
*
92
J-J
1961
Kings Co Lighting 1st 5s__.
1st & Yef 6 'As._-——;——
111%
107
V'-i-A/:;
: Ill
*148
j-d
,—1962
AGen mtge
*u6
j-j
1965
—1965
1st
70%
.
"
j-j
.-1997
^.1954
Kings County El L- & P 6s_*.
33'A
103
*'.' 107
>.('•••':V
U-N
1970
Erie
/' 98%
138
.,16
'
—1961-
—
unguaranteed.
4'As
:•:
Fuel 3Vis
86
73%
68%, 69%
/72% 73%
73%
j-j
Koppers Co 1st mtge
Minn Nor Dlv 1st 4s—..1948
& Ga Div 1st 5s
1956
Ed El 111 (NY) 1st cons gold 5s_—1995
Elec Auto-Lite 2'As debs
—.1950
stamped—
96%
j-j
City-Term lst .4s__N
Plain
109
■
j-j
99%
22'A
109% 109%
J-J
34
10
24 Vi
24 Vi
J-J
East Tenn Va
5s
67
94
:;
j-j
.
;__1960
4s_^_______1987
102% 103'A
5
M-S
East Ry
Empire Gas &
46'A
20
-
{69
4'As___—..1961
—:
1961
Kansas
51
26
27".
*23%
J-D
40
■■
73%
-
a-0
Kentucky Central gold
10
105% 106
100
J-D
J-D
x'-'
a-0
,
Kentucky & Ind Term
Stamped
110'A 111'A
M-S
ref gold 4s_1936
-ACertificates of deposit
Kansas City Southern Ry 1st 3s—.1950
Ref & impt 5s.
:
Apr 1950
;§AK C Ft S & M Ry
J-J
'■
a-o
1st gtd gold 4s__1990
JAKreuger & Toll 5s
3'As
43
;■
K
Kanawha & Mich
45
Kresge Foundation
Elgin Joliet & East Ry
El Paso & S W 1st 5s
58
95%
> 98%
|70 %
95%
12'A
F-A
58
J-J
50'A
5 %•:
J-D
1961
49 %
46'A
F-A
1959
Laughlin Steel 3 'As
&
Jones
95%
A 56%
Frankl & Clear 1st 4s
James
A-0
17%
6%
96
15%
Volumfe 159
THE COMMERCIAL & FINANCIAL CHRONICLE
"Number? 4243
,
'
Ended
Week
Dec.
31
Last
Interest
"
or
Blah
Low
■Michigan:1'Central-—Vi\" ?, v'; '; '
Jack Lans & Sag 3%s—»»1951
1st1 .gold'' 3%s>——'*1——1952.,Ref &
impt 4l/as Series C——>1979
..•
J-J
A-O
63
Vi
96
73%
22
65
72
IV/2
52
38
57
59 Va
27
273/4
591/a
*58
72%
61
65
J-J
U-N
/ — /:■'
MS
.———>1949
ARef ft ext 50-yr 5s series A—1962
-
59 Va
MS
ref gold 4s_,
78
109%
73%
JAMinn & St Louis 5s ctfs——1934
&
49
77%
.i'
J-D
J AMilw Spar & N W 1st gtd 4s»—1947
t§ AMilw ft State Line 1st 3%s»..1941
A 1st
104 Ve
•
■
J-D
:
57%
| 26
.:
;
7 Va
.
;
27%
27 y8
7 Va
3%
Q-F
.
.
9%
1
17
3%;
21
■
,
8%
J-J
stamped—-—.—1938
§ A 1st consol 5s_—>—>———-1938
J-J
29
29
S A 1st stamped 5s gtd as to int_>1938
ref 6s series A—-———1948
,
J-J
29
45
8
28%
J-J
Alst &
1978
1st
\
78
57
V
272
/■•..'■
10
\
.
•77y4
Prior lien 5s series A————1962
J-J
66%
64.
.J-J
53'A
52
531/2
series D——-—1978
J-J
4 y2s
Prior lien
/, ACum
>
A 1st
&
A General
Alst ft
37
33
55%
57%.
:
35%
35%
11
273/4
23-
22% " 23%
M- 8
57%
55 V4
577/a
723
35%
56
56
5
353/4
—.1977
deposit——,
of
of deposit
gold 5 %s-—-——--1949
series H—>—1980
v; ACertificates of deposit———
Alst & ref 5s .series I——1981
ACertificates
M-N
~9Vz
9%
Alst & ref gold 5s
A" O
57%
55%.
ACertificates of
;
325
9%
M-S
Monongahela Ry 3'As series B—1-1966
Monongahela W Penn Pub Serv— ; ,
:
>1
58
•:
A-0
A-0
111
OR
QC(
j
114
103 %
1073/4,
26
.;
Y* 100% 100%
M-N
;
42
433/4
51
49%
48 Vi
U-N
47
U-N
43%
■
■
.1997
46
-
M-N
104%
/.
*'
84%
86
84
.2047
:
Af-N
123% 1237/e
.2047
J-J
•
93
J-D
J-J
gtd; 4s—1-1953
tNew Orleans Texas & Mexico Ry—
V... S ANon-cum inc 5s series A—-11935
: v
..ACertificates Of. deposit—--111—
A lst 5s; series Bll—j—-1—--1-1954 ■"
■'I. ACertificates} of ■•depositlll—li'—l
.Alst 5s series 'C!—.————1956
•
93
-
-
•
•'
>
1st
v
.
F-A:"
A-0
62%
81
292
50%
66%
26
55 Vi
68 y*
.25
55%
68%
27
■
108%
108% IO91/4
*112
:?''
112%
70%
'...72
1st
.
101
\
112V4
,101
16
16%
20
12
32
106 Vi
109 5/a
108
108 Va
5
108
111
J-J
*109
109Vi
J-D
*108l/4
16%
19%
107% 111
106% 110
,
—
104%
102
Af-N
1043/4 106 Vi
105
105%
*108
108 Vi
12
105
107 y4
108
109%
108/108
~5
(108
110 %
110
110'/a
11
103% 1033/4
J-J
J-J
J-J
.»1946
gold 5s
'
'
,
1033/4
9
.
106 Vi
IIOV4
99Vi 105V4
• -
74
66%
50
:
27
70
■••
110
44%
F-A
:59,;!
Ref ft impt 4%s series A---1---2013
A-O
56%
Ref
A-O '
64',.
75
55'/sr.57
51%
'47%
,212
591
64
85
86
98%
98%
M-N
86 Vi
J-J
83 y4
registered——i.———.11997.
Lake Shore coll gold 3y2s
—1998
3%s registered--——1—1-1998.
Mich Cent coll gold 3J/2s——1998
3%s registered
1998
New York Chicago & St Louis—
J-J
1
334s ser D-—>u»>>« 1968
4y2s
5
,
106
67
*i08y4
107
101% 103%
106% 109
11
101
1073/4
104
—
106
102
103%
106 »/8
18
106 >/4
1093/4
23
•
109%
1
106% 106%
106%
98%
115i/all7%
;
»
107
*105%
86
57%
,
*101% 102
107
F-A
debentures.———1974
110%
111%
102% 105
■■/: ——
>>
98 y8
1083/4
Conso!
108 V4
108
110%
88%
99%
'» '
M-N
General
61
4%s
5s
—
98%
•
121
J-D
109,1/4
J-D
Series B>———1968,'
'
,
99
97
11
119% 124%
,108% 1093/4
.
62
101% 1103/4
96 Va
86%
•.74 y4-
87 Va
A-0
106
J-J
106%"
105% 106%
—
97%
,
'
4Vis series E————1984
117
89% '
-69
1053/a 106
gold. 4V2s
.108,,
"
■: ■:
973/4
A-O
Gen mtge
67%*
24
9.
114% 115'/4
;
—1970
Debenture
noy2
121%
121
General 4 Vis'series D_^—>>—.—1981
/
67
.
109
98
,
F-A
.—>—1965
series A
'
A-0
Gen mtge 3 3,4s series C——1970
37
108% 109
M-N
gold 4s—
>———1948
stpd dollar——May 11948
4s sterl
3';
'
N Y Cent & Hud: River 3% s—111997
,
2
86
109 ya 109 3/8
67%
.
85
86 Vi
•
F-A
ref
Pennsylvania RJRr—
52%'
260
'
■
106% 106 V/s
&
General
-
61%
„•
*116
*
J-J
■■
:
:
—/
-
109%
793/4
47%.
'
*103%
-57 %: 59 y2
'
.
J-D
F-A.
Cons sinking .fund 4 '/a S—1960
■
'-"r
v;Ur;-;
J-J
Newport it Cincinnati Bridge Co—*: ! >■;•;
J-J
/
A-O
Penna Powet ft Light 3 l/2s———1969
61 %
";52%
•
.75
108
.
71 y4
-
73%
F-A
Af-N
1st
106V4
107
104
J-D
■t.
.493%
'
69
•".""71
73%
:
4'
1
109%
Pennsylvania Glass Sand 3y2s—.u—1960
.
112%
103% 1063/4
*ioiy2110
.
Pa Ohio & Det 4%s series B—-1981
75%
51%
.
72
/.
,,1041/2 104%
M-3
Secured 4s——>—1963.,
64 »/8
.75%
•
,
109
103
•7*
:/.
Pennsylvania Co—
:
Guaranteed. 3%s trust ctfs D!>>1944
48;.
/ 94
•.
.
"50-
».
»>■
•y
108
44%
:
.
.112%
9
19
;
108
*108 3/4
■
M-N
1st M s f gold. 3s loan ctfs».—1955
TransL deb 6s»»»
'-"64%
108
108
•' '■■■' '
Gtd 4s series E trust ctfs—»i>.—1952'
:
68
^
Paterson ft Passaic G & E cons 5s_1949
;-'v: 41/
135
v
—i960
-
112%
110
3
104 Va 104%
J-J
Parmelee
97%
110'/a
99%
109%
5
104% 1053%
105%
J-D
96%
108
110
92%
"e
lllVa
—»■
J-D
1966
97
80%;
111
J-D
1955
lll
104
r
7
111%:
'A1.1
"
/
109% lll'/a
A-0
Paramount Broadway Corp—
98
*97
109%
J-D
.
Pacific Tel ft Tel 31/43 series B>.—1966
•
103
.
/
J-D
'
1st ft ref mtge 3s series J»„„.
1st.ft.ref M 3s series K—.—1971
f
'73
5
69% ;70%
■
••
Cohv secured 3%sJ—>>■—11--1952
110%
110%
.'./
.■■trrwi.
106
J-D
v
■
81%
107% 108%
1st ft ref mtge .3%s series H>.—1961;
1st ft ref nitge 3V2s series I
;
-
106a.
"'-16
70%';-
*69
ft'/impt 5s series C-i——>_2013
249
67%
V
J-D
85
83%
10
59
*62
,
56
61%
67'%
109
.
J-J
Panhandle East. P L 3s B-
36
69-
of /deposit—-------
General gtd 4 %s»
•>—>—>—1945.
N Y Central RR 4s series A—1998
58%
40 Vi
65%
J-J
Pacific Gas ft El 4s series G_».->-1964
'
-•'
89
2
■
6,51/2
M-S
1962
125%
77-'.
-
',7
•
61% --;
"62
ACertificates ,of deposit——il_l
series A—-——1954
69
42
51
78%
'
J-P
V,: 122%
14/
!
59
F-A
ACertificates
51
60
-
671/4
M-N
5s»——1945
Ref mtge 3V4s series C—»».
Paducah ft 111 1st s f gold 4%s_.
M1
59%
.
;
Alst 5V2s
•
94%
50
88
53 Va
J-D
Elec 33,is>
debentures—————,
118%
! 14-"
.
95% .-,96 .v/
70%
ACertificates' of :deposit—
series Dl—1-1—11956
69%
72%
154
67%
•
J-J
1966,
.86
,
7C%
v.
•
104'A
104
96
A-0
Alst 4Vis
V
M-S
'
1940
I
:
65
137
93
52
61%
80%
'
F-A-
.1944
119
70
.
..•0.4.
103% 104!-
A-O
New Orl Puo Ser 1st 5s series A—1952
1st & ref 5s series .B—11355■■
'
I
:
J-J
,
.1964
116 V*
10
/94%.' 94%'
J-J
.New Orleans Terra; 1st
>
J-J
■
.2047
.1967
100%
95 7
116
r.
•
106V2 108/
A-O
.
A——1983
>' V>:
x
•
■
*81 %; 84
-F-A
;
'
l
108V's
:/l03% 105
13.
117y8 117%:
imp 4y2s—•—1952
123
114%
50
87%
:53%
J-J
Pacific Coast Co
102%: 108%
:
! 52
843/4.
.
J-D
.
91%
93%
J-J
1st & ref mtge 3%s.
1st mtge 3y2s———
101%, 105
15
,
?
851
J-J
,
New Orleans Great Nor 5s
:
10
104y2 104'/2
100% 100%
J-J
N O & N E 1st ref &
105Vi
11
J-D
|ANew England RR gtd 5s
.1945
A Consol gtd 4s——
—1945
New England Tel & Tel 5s A_—£-1952
1st gtd 4'/as series B-————11961
N J Junction. RR gtd 1st 4s-L_i-lil986
N J Pow &. Light 1st 4 3/2 sl—_1960
119 Vi
113
48
Q-F
.
Newark Consol Gas cons 5s_—>—-1948'
?/l;
124% 132%
122%
■•/'■'
82%
;
75:
-
102% 103
A-O
4s_l—_1954
;687/e
'
•
'•••15
mya-iosys
104%
MS
National
t ANaugatuck RR lst gold
13
82, / *
,
105% 106
106
MS
■
.
81%
82
;
3Vis sinking fund debentures^.
-1949
Steel 1st mtge 3s>———1965
.
123
123
32
P
:
J-D
Dairy Prod 3Vis debs———I960
Nat Distillers Prod 3Vis——-1949
Nat
40
128
*121
Q-J
2047
N
F-A
i
85%
49
34
my* 112Y4
U-N
Nash Chatt ft St L 4s series A—11978
123
Q-J
/Otis Steel 1st mtge 4 Vis ser A
50%
313/4
108 3/4 110%
/•: 3;
110
110
J-D
1997.
Oregon RR St Nav con gold 4s—1946
Ore Short Line 1st cons gold 5s—>1946
/. Guaranteed stpd cons 5s———1940
Oregon-Wash RR & Nav 4s
—1961
54%.
35%
30
73
29%
70
-
.2047
Ontario.Transmission
99% 100%,
-37%
117
46%
49%
47%
J-D
38
48
128
Q-A
4s
96%
•89
1;'
823/,
38%
* 37
:
deposit———
Oklahoma Gas
•113%
110:
/105% 106
106
J-D
w
of
Ohio Edison 1st mtge 4s
>—1965
1st mtge 4s———————1967 .;
,1st mtge 3%S>—a—
——1972
109".
lllVi
.
82 Vi
37
38
A-0
guarantee)——>1945
tSAOg & L Cham 1st gtd gold 4S-1948
65
45*..
107
*113% 114
,1023/4 l06
,
"
4%s--——>>—--I960
debentures—————4965
Montana Power 1st 8s ref 3%s—>_1966
Montreal, Tramways 5s ext
—1951
Morrell (John) & Co 3s debs——1958
Morris & Essex 1st gtd 3 V^s—2000
Constr M 5s series A——.—1955
Constr M 4y2s series B——
1955
Mountain States T ft-T'3 'As——1968
Mutual Fuel Gas 1st gtd 5s
-1947
6s
J08 % 112 V2
59 %
101%
*105 J/4 106
108 »4 110 Vi
1
V
59
'
.V
18
/
'•
*103V2 105
59%
35%
57Vi'. 57%
F-A
109%
108*4 108 V4
:
,
Af-S
.2047
(Wise)
38
Moh'k ft Malone 1st gtd gold 4s_—1991
226
.
15 Vt-
5%
363
:.55% \57%
57%
F-A
,1
90
108% 111%
8% 22V4
58%
36%
deposit————
—
>„
F-A
registered———
(Minn)
593/4
36 Vt
123
58
of
Northwestern Teleg 4%s ext—
59%
.58
36 y8
58
19
16
83
10
1
Northern States Power Co^-
35%
152
55% ' 57%
57%
U-N
—1978
57;
.
J-J
1998
Ref & irnpt 5s series C——
Ref & impt 5s series D—
59 ya
M-9
4s
3s
59%
11
512
'
/
".19%
9
109
,
.
A-0
Af-N
Ref & impt 4*/2s series A—
Ref it ihipt 6s-series B—>
121
57%.
•
56%
-57
M-S
„■
85%
17 Vi
/
45%
13
'
38
19
-■
19*
Jf-S
571/4
——--——1975
of
ref 5s series G
1st mtge
.353/4
F'A
A Con v
■
.
V
..
264
'
.
'•
"1
ref 5s series F—
ACertificates
Alst ft
-
-
J-J
High
3iya
18%
*109
'
—
Low
3
11
85%
M-N '
J-J
>1946
Northern Pacific prior lien 4s>
4s registered————
Geh Jien ry & Id gold 3s
543/4
.A———__>1965
deposit—>——..
ref 5s series
ACertificates
'/
A-O
56%
: 55
56.;
36%
'
■
No.
35%
*9%
O-A
cellation
67
33%
/
:
>44
1
adjust 5s series A—Jan 1967
^Missouri Pacific RR Co— V,..
39
■.
>1943
>1967
series A—.
ACertificates
405/8
87
66%
1962
——
mtge 4Vis
41%' : 591/4
Missouri-Kansas-Texas RR—
40-year 4s series B
—
A-0
100
95
35
*12V4
/
Range S|nc«
January 1
Sold
High
tNorthem Ohio- Ry—
Alst mtge gold 5s (stamped can¬
73/4
•
>,64%
6
8
100
//;; :■;/ 55
56
J-D
1990
MO Kansas & Texas 1st 4s.—
V
2%
76 y2
76%
100
•3oy2
41/4
l3 a
F-A
•North Central gen & ref 5s»
»1974
Gen & ref 4y2s series A——1974
31%
15%
•'
35%
»
Norfolk & Western Ry 1st gold 4s_1996
30%
I61/4
:
4%
1%
/■■'/■ 2.
J-J
J-J
Alst & ref 5VaS series B
16
"
29
4 y2
43/4
MS
5%s»——>1949
A25-year
X A Missouri-Illinois RR 1st 5s>——1959
-
28%
.30%
28%
■
*'■
J-J
•:•'/. F-A
AGen mtge 5s conv inc.
^^>2014
t§ANorfolk Southern RR 5s A—1961
8
tMinn St Paul & Sault Ste Marie
§ Alst cons 4s
't
1937
,.1937
>1940
Bend*
Sale Price Bid ft Asked
Norfolk Southern Ry Co—
30%
2%
■
...
Week's Rang*
or Friday's
Last
Period
Niagara Falls Power 3%s—»—^ >1966
Niag Lock & One Pow 1st 5s A_ -1953
■Niagara Share (Md) deb 5V231950
77%
.
.2%
2
71/4
•
/
»AN Y Susq & W 1st ref 5s
§A2d gold 4V4s
;
:
§ A General gold 5s
A Terminal 1st gold 5s__
N Y Telephone 3ViS series
t§AN. Y West
Bost lst 4Vis-
102
14
723/4
.72% 73-ra
.104'/4 '1' 104V4 104% ■ :•'!—/
*52
55 V" I'
.
M-S ;
Friday
Inter</st'
Exchange
Low
92'/a
97
•—' 1/ ; i!-'
noi
■
Stock
Week Ended Dec. 81
,
High
78
Af-N
•
Michigan Consol Gas 4s„—>-—963
t§AMidland of N J 1st ext 5s_,
1940,
t§AMilw & Northern 1st ext 4VaS,-1939
A§Consol ext 4y2s->——>';—1939
Low
No.
M-S
-'1
New York
Range Since
January 1
Bonds
Sold
Friday's
Sale Price Bid & Asked
Period
—.
BONDS
Week's Range
Friday
BONDS —
Stock Exchange
,
New York
-.
'•
48
;
98VV
961/,-106%
,
95%"l06%
1
82%! 83%
;
"
•
•
3%s
F-A
68. "
F-A
■
.'-77%
'.
63%
'67.%.': 68
53
'29
.:
63%
4
50%
66
61%
41
48%
47%
61
*59
603/a
A-O
95%™ 195%
96%
238
M-S
87%
87%
423
A-0
series A——
series C—.
-.——1974
1st mtge
—
86%
4s—-——1951
105% 106
F-A
notes_i—i—1.11947
A-O
A-0
1st gold
Conv 5%
Peoria ft Pekln
781
977/z
77%
78%" 79 V
993/4
55%
53
55%
54
Apr
243/4.
22%
24%:
A-0
& ref 3'As series E—1966
3
107 Vi
110%
14
115 V4
117 Vi
'
110 %
112%
100..
105 Vi
Purchase money gold 4s————1949
•
•
F-A
•
ilf-N
*105%
N Y & Harlem
gold 3Vis———2000
•
104
104
M- N
M-N
.4 Vis series B—>———1-1973 :
V •70%
.75%
-
1
*123y2 124
1st &
gold
4y2s series C»—1977
—-
15
IN - Y New Haven ,& .Hartford
12
:75%
RR^ a
as
60
.11 ANon-eonv
MS
46:--
A-O
463i"
} /QlANoii^cohvi debi';4sl_;ll£'i-Li-lil:1955.
J-J
47 V'a
deb.13 l/z s--——i-1'1947 .■
ANon-conv ;deb
•
Af-N.
deb 6s-_l———
[—1948
iACollateral trust 6s—2—1-1—1940
,
?
4s„_—1—
-11954
4s—li992
.-1955
.
,N Y. & Putnam 1st. cons gtd 4s1l111993
•N Y Queens El,Lt. & Pow,3ViS——11965
.;
.
'
N Y..Rya prior;.lien .6s stampL.____-.1958
N Y S.team' Corp ist, S1/# 8^-^—^-1963;
For
footnotes
see
page
28.
84 Va
,104% 107%
J§ A Philippine Ry 1st s f. 4s>.
—1937
J-J
of
106%
.
17%
25
•"
37%
17
.
*105
5
10
,
38%
329
I?3/*
243
96
1071/4
110y4 1127/a
102
/104%
201/4
43%
8%
104
106
191/a
106 Va
,
Af-3:
/' 34,,1',/- 52'
114
46Vi
49
V 84 '
';42%' :'47r! :
43
I
J-D
•"//'
48
43%-
•
•
:i 31%
48%
277;;
!
172,.
--•145 *
.
.'42 Vi-46%':
•
47% '.52y4 '
52
83%
.76
..
U-N
—19571
-.1st: 4s—
J AN Y Ont &- West ref gold
..•1 AGeneral • 4s———
Af-S
Af-N
—1963
104% 1043/4
104%
6%
'
•
6V'4
*6'/a
deposit.
:
•
"ii%J
:16
-V
85'
:
' 16'/2
•
46
;
.
.
;32%
:';31%
/53
62%
49*4
85
'•■8%
;.
,
'
37%
571 i
20
••
49ya
52
:
•■'593..
1
"
33t
21
.
■■
431 /
/
''36%..;'.'55,.
,/■
3 '
50
V
90Val04
Pittsburgh Cino Chi ft St Louis—
Series D 4s guaranteed
Series E 3y2s-gtd gold—;
i '
Seri )s F 4s guaranteed gold-^;
Series G 4s guaranteed-i.——.
*
Series H cons guaranteed 4s—
:
Series I cons 4%s—_>>——.
Series J cons guaranteed 4V2s,
; Gen mtge 5s series A
Gen mtge 5s series B——
63/4
8
1041/4 1063/,
31/4
9
.4%
8
.
7%
'
'
Jlf-Nf
102
M-3
J-D
■;
.''3%'
4
A-O
U-N
J-J
:
"
107 y4.
102
/
'
50%
.
52%
61
16'
12%
;•
F-A
J-D
*112%
104
1957
v
♦113V4
F-A
1963
M-N
.1970
J-D
,1975
■"*—
F-A
.1964
A-O
*119
-
1123A 114
—
124
119% 1231/4
.
119%
123 y4
105%
105
>_
1153/4 1153/4
,
113
111% 113%:
ni3
M-N
1960
_>
; 107
110
*104
1953
v' 2.r:' -7 '
.
/"
41%
.
117
117
107%
:
/'1043/4 1108%
106,
107 Vi
18
100
102 V* 102%
2
95
1031/4
1
98 V4
103%
103 Va
5
98 Va
103»/4
107
107
1093/4
1
M-3
Pitts Steel
;
58%
,1093/4 111%,
51
J-J
*ii5y2116%
Pitts Coke* ft Iron conv 4%s A_>. >1952
1
106 3/4'107%
103% 1051/4
Af-N
1949
>1977
Gen 4%s series, C—
••'"63/4:
'340
4%^//
!' :"r
*110%.''!:*/"
107^"■;107'!/-;'
-
J-J
•
't,.>:9.%"-;loy2'?'
10%
1045
•
1 4 AHarlem River. & port, Chester!! •/; -:-
.
•
46 V*
J-J
A-O
i Alst & ref 4»/2s series of 19?7-l_1967
.
.
;
'47%,
J-J
4s_^j-l„'^-r_i—11956
V AConv
'''.•: ADebenture
-42 Vi
-
'
•
v..-;AD6bemture;lcertuic»t^^i3.4is--lil^56
•/:
1949
>1962
80%.
-
38%
J-J
—1973
3s debentures——.
ACertificates
/ !-50
43%';i 48%' :
,47:
.'^;A^n^conitideb^,!2Vi§i£iiiiiii~M854'*;
•
88%
57%
:V:
.,iANon-convdeb,.4s^-^-^—!11947:
r
.
118% 129
,111
1251/4
.
102% 103
J-D
74%
55%
J'/1-7
L
26
HO3/* 110%
110%
MS
1971
Philip Morris Ltd deb 3s>
106 %
J-J
—1961
1st ft ref V/zS— —1967
ref mtge 23/4s—;
tPhiladelphia ft Reading Coal—
A ref 5s stamped—
102%; 104
,16,
71/ '
24%
106'/4 107
72%
96%
64%
*128% 134%
J-J
General 5s series B_.
General
AConv deb 63
104
J-J
N Y Lack; & West 4s. series A__;—1973
•
1
llO'A
110 y4
53
F-A
conv
Philadelphia Co coll tr 4y4S.
•
J-J
•Mtge 4s series;A!i_l11_1-2043
Mtge 4s series: B__l___i—-1—^2043
•
1
83
>———1974
•
Phiia Electric
.
5%
90
106% 107 y8
■
115% 115%-
J-D
88
82%
82%
9634
88
J-J
MS
■
:
96
963/4'
J-J
J-D
:
100
108% 108%*
gold 5s—1948
;
*105% 107
F-A
Union Ry 5%s——1974
: 111
1121/4
441/2
581/4
.
66
'
1st lien
-y,
1073/4 110%
N Y & Erie—See Erie RR
N Y Gas El Lt H & Pow
90% 100 Va
123
*112% —
3%s deb———1952
Phila Bait ft Wash 1st gold 4s—
Phelps Dodge
-79%
;'86/
2
25
108'/4
.
106%
65
38
•
993/4
108
99%
102 Vi
101
15
!
99
99 y8
A-O
Apr 1990
Marquette • 1st series A 5s»»1956
1st 4s series B————-1956
1st gold 4Vis series C—
—1980
87%
64'A
100
*102
"
A-O
N Y Edison 3'As series D——11965
N Y Dock
A Income^ 4s——
Pere
——1978
5 y2s
Ref 4Vis
M-S
66%;
3Vis extended to
—1947
N Y Connecting RR3%s A——1965
Ref
A-0
Peoples Gas L ft C ref 5s——>—1947.
Peoria ft Eastern 4s ext.————I960
70%
61%
F-A
deb 3%s»—————1952
..Conv
82
63%
•
F-A
—>
69%
3
77%
4%s—>—. >1950
J-D
103 V*
1st mtge 4%a series B.
——. >1950
Pitts ft W Va 1st 4%s series A—, >1958
J-D
103
1st jmtge
1st mtge 4%s series B>—
ISt mtge 4V2a series C_>
•
—
J-D
A-0
A-O
58 %.
64
57 y2
58%
>1960
55
■
'
59
58
575/»
>1959
11
103
58%
8
53V4
63%
58 y4
35
53%
64
57 V4
FINANCIAL
THE COMMERCIAL &
CHRONICL^
Monday,
%
NEW YORK BOND RECORD
Interest
Stock Exchange
Ended Dec. 81
Week
Period
'
.
A—1948
Ash 1st 4s ser
Young &
Pitts
gen
1st
gen
Public
1st
<b
&
1st
&
C
1979
1980
107'/a
110%
Third Ave Ry 1st
95'A
102'/a
18,,,."
;;'
—
71 'A' .'72
A-O
31
29'A
Jan 1960
Income 5s.
Louis & West
St
Trenton
106'A
101
,1949
m-3
-.1953
j-j '
1st gold 5s
103%
52
62%
76
21%
37%
88%
85%
85%
112
87%
101%
100%
102 '/a
116%
117
105%
107%
109%
107
*105
100%
91
96%
101
101% 101%
*116
117 'A
j-D
108
145'/a
Gas & Elec
Tri-Cont Corp 5s conv deb A..
112 »/a
•
v
3.^/4
*88%
A-O
1950.
67'A
.
j-d
3%s__1960
4s
1st
Tpronto Ham & Buff 1st gold 4s_.1946
109 %
106%
*106
71%
67'A
312
110'A
110
j-j
97
91
.
112%
149 »A
222%
112'/a
110
110
-
.
A,
•
*147y2
j-j
j-d
A-0
A Ad J
ref 4s
„
68
11
80
64
80
79 Vb
33
81%
79 Ya
79%
High
116%
68
81'/8
*
J-D
Low
101'A
2
115'A 115'A
m-3
20%
7
■
No.
1964
Tol & Ohio Cent ref & lmpt
90
Range Since
January 1
Sold
1960
100%
105'A
108%
Bonds
Friday's
Hiah
v
A-O
/'
v-
—
*15
*97
M-N
.1968
3%s.
:
or
A-O
1977
ref 5s series
ref 5s series D
Tex Pac Mo Pac Ter 5'As A
,61
102%..'
110
.2037
B
&
Tol
,
j-j
.1972
& ref 5s series
Gen
1
102
M-s
..2037
of Nor 111
*111
102'/a
j-j
;
,
j-d
2000
Gen
7
1
1087/8 108%Y>
M-N
ref mtge 5s.
ref mtge 8s._
Public Service
j-j
F-A
1968
rei mtge 3s.
1st
.
..il956
U.Providence
124
4
j-j
991/2100 ^
105'A 105 'A
—1957
Securities 4s.~
Terminal 4s_i_.
Service El & Gas 3'As.
X A Providence
118%
1
Last
Sale Price Bid & Asked
Period
31
Texas & Pacific 1st gold 5s
109
j-d
,——.1977
,1951
3'As—,—.
deb 5s__—
mortgage
1st
Pressed Steel Car
107'/8
Gen &
100
Dec.
Low
j-d
m-s
Ended
High
Low
No.
-
123
—123
f-a
5s series B—
1962
5s series C—AiY—__U974
1st 4Va s series D—.
1977
Portland Gen Elec 1st 4'/a a..——1960
1st 5s extended to____
—1950
Potomac El Pwr 1st M 3%s—
1960
1st
High
Low
*107'A 108%
j-d
Week
January 1
Interest
Exchange
New York Stock
Range Since
Bond*
Sold
Last
Week's Range
Friday
BONDS
Week's Range
or Friday's
Sale Price Bid & Asked
Friday
BONDS
New Yorb
*
1944
,
*222% 224%
—
110'A
220
;
108%
110'A
110
U
,111% 111%
Union Electric Co of Mo 3%s_.
Cent coll
Reading Co Jersey
ref 4'/as series A—
Gen & ref 4%s series
Gen &
—1997
88%
94-%
106
78%
32
78
95'A
I';
105'A
105'A 105%
16
106
105% 106
12
101'/2
103%
102% 103'/a
13
102'A
105%
.1967
j-j
102%
102% 103
17
100%
104%
& land grant 4s_
.1947
j-j
107%
109%
.1970
a-o
.1971
M-N
107% 108 .7
103% 103%
102% 102%
108% •>108% 108%:
28
3 %s deb.
35-year 3'/as deb.
Ref mtge 3%s series A.
100
102
6
101'A 101'A
j-j
79%
44%
;
81
43
81
A-O
45
58%
122
m-s
m-s
1955
110":,.
110
m-s
il-J
13
14
J-J
\
•
'i'i 7'^ 1
■'
14
•'»'«!
-4-
♦i**
f"
;
7
11%
"
105%
97%
104%
41
106%
111
105%
108%
94%
102%
*106% 106%
101'A 101%
M-S
3
101%"
101%
,
—
100% 101%
101% 102
68
18
'
9
,
r.
United States Steel Corp-
109%
22
188
11-»38%--40
40
108'A
2
109% 109'/a
m-s
U N J
Serial debentures
40
'
14%
.
"
:
15%
9%
May 1 1950
1 1950
M-N
7
Nov
1 1952
1966
A-O
11953
Nov
.1947
j-j
*106
j-j
*_•_
Adir- 1st gold 5s^.—
gold 6s—a—
.....—
1996
1996
A-O
.u
t "<
Nov
61%
.1933
M-N
Il933
M-N
''
__
7,'™"/: *101%
m-n
A-O
__
303
103%
£■7;, 7 2.65s
.
102%
93%
102%
102
103
97'A
77%
98
Stockyards 4y4s w w
7
103 'A
102
*102-102%
„
,
.101%: 102%,
101% 102 .Y
*101% 102 %
7
_
102%
101%
101'A
101%
*101% 102%
:A^ 7 r,;: *101% 103%
__
M-N
.—1951
*101
'
101%
101%
101% 102 v101
7;7
62
United
*95%
11954
May 11955
2.60s
'
102:%
101'A
>i<>'-7 *101%,
M-N
,'r 77 2.55s
67
—w
M-N
108
55%
61%
61'/a
1 1953
107%
105%
v
62%
''
M-N
May 11954
99
'105% 105%
Saguenay Pwr Ltd 1st M 4'As
St Jos & Grand Island 1st 4s—
—
101%,
.
100%
3
77,_
*101%
M-N
May
7. 2.50s
,
_
"
2.45s
77:7.
*101
:
M-N
May 11952
••,;7 2.20s
101
102'/a
101% 101%
M-N
M-N
Nov
'A'7v 2.15s
1
t
11949
Nov
:2.10s
*101
M-N
May 11949
772.05s;:
:.7:U/' 2.35s
tSt Louis Iron' Mtn & SouthernAgRiv & G Div 1st gold 4s.
F-A
1944
97%
1
:
A■-A-7 7
a-o
1958
7'S'Vv 2.40s
2d
aa'.
*111%
m-s
-
St Lawr &
19
6
103%
a-o
1952
United Drug 3%s debs,
RR & Canal gen 4s
108
jrd
.1980
Cigar-Whelan Stores 5s_
United
124%
9%
Pacific RR—
34-year
United Biscuit 3'/aS debs
54
124%
*125%
A
86
27
42
debentures.
1st
106
1
105
105
m-n
stamped
.1959
F-A
Union
102'A 106%
101'A 105%
M-N
gold 4s..l939
a 1st cons & coll trust 4s A
1949
1977
Roch Gas & El 4%s series D_
1967
Gen mtge 33As series H
1967
Gen mtge 3'/aS series I
1969
Gen mtge 3'As series J
1934
t§AR I Ark & Louis 1st 4%s
1949
t A Rut-Canadian 4s stpd—
1941
a-o
3s
95'A
94%
.1945
99 V*
■
93'A
F-A
Grande West 1st
RR 4%s
22
93
94%
j-j
Rand deb 3'As..
1956
Republic Steel Corp 4'/as series B..1961
Gen mtge 4%s series C
..—1958
Revere Copper & Brass 3'As.—..—1960
18 A Rutland
97%
94%
j-j
Remington
ARio
96»%
j-j
A-O
4s——1951
1997
m-n
tSAUnion Elec Ry (Chic) 5s__
Union Oil of Calif 3s deb-i...
R
.1971
78%
96
89%
95%
91%
91%
.
"
deposit.
^Certificates of
_
stamped
4s
of deposit—
N W 1st gtd 5s.
Certificates
JASt L Peor &
~j-j
St L
.1955
33%
31'A
36%
34
36%
35%
34'A
29
26%
29'/a
28%
26%.
28'/a
:.v V-.
.1989
Louis-Southwestern Ry—
}St
1st 4s bond certificates—
2d 4s inc bond ctfs———Nov
8 A 1st term &
A Gen & ref
St
M-N
1st cons
j-d
gold 4s_1968
38%
A.'
36
V^,92
:
4'/as——1947
1941
j-j
31%
1971
A-O
,1952
M-S
1989
..
41%-
20
407/a
23
19%
19%
39%
85%
.1972
F-A
2003
J-J
5s_.
1958
A-O
79%
1966
M-S
110%
27'A
1st
1950
92
.
22%
"3^
6%
1st mtge 4S
24%
17 7
390
32
32
104
102%
series B
certificates.,
F-A
j-j
j-j
1941
F-A
1952
A-O
—
1950
F-A
—
.1963
A-O
.1979
.
.
V7
126%
Co—
Pac' coll)
—Aug 1949
registered—.——
1949
1st 4%s (Oregon Lines) A.,
..1977
Gold 4»/aS—;
———:
1968
(Cent
4s
Gold 4'/as.
....1969
-1981
—
Gold 4%s
secured 3%s—
..1940
1st 4s—*——.1950
10-yea,r
San Fran Term
South Pac RR 1st
Southern
Devel
gold 5s_..—1994
4s^ series A.
1958
Ry 1st cons
& gen
Devel
&
&
gen
Div
6s_
6'/as
gen
Devel
Mem
St
-1955
ref gtd 4s.
1st gold
——11956
1956
5s——.—1998
Louis Div 1st gold
4s——.1951
Tel 3%s B—1964
1968
Southwestern Pub Serv 4s
—1972
ASpokane Internat 1st gold 4'/2s._2013
Stand Oil of Calif 2%s debs.—.— I960
Southwestern Bell
ref 3s
&
1st
;
101
A-O
35
35
.1
26%
35
A-O
36
36
1
25%
36
.1955
A-O
gold 3'As. .2000
.1948
Washington Central Ry 1st 4s
Washington Term 1st gtd 3%s_^ .1945
.1945
1st 40-year guaranteed 4s_.
F-A
15
30%
234
14
23
31
130
■..«/
. „
5
29%
7
2
-
56%
15%
46%
17 Si
44
■
102 V
12
102
99%
40
r
123
123%
107%
107%
11
series C—
98
7 50
72%
69'A
369
54%
69%
M-S
66%
64%
67
314
55
M-N
66'A
64'A
66'A
M-N
66'A
66
j-j
91
..
567
""53%
66'A
341
52%
93'/2
79
87%
1A Western Pacific 1st 5s ser A.
77
wYYw-Y-Y-.
.1946
M-3
90%
105
92%
A-O
198
91%
v..
61
87%
7
Called
(Jan
....—
2)——
Superior Oil 3'/as debs.
Swift & Co 2%s debs
luao
iw*1
101%
101% 101%
14
J-J
56%
110
53%
60
7Y
J-D
M-S,.
91%
101%
A-O
58%
58
59
216
16%
15%
16%
112
100%
100% 101'A
12
89%
103'/a
Wisconsin Public
110%
9
52
*110% 112 »A
50%
~1
41%
103% 103%
9
102%
32
104
107%
105%
1st mtge s
100'A
15
refund
s
f
gold 4s
__
*105
j-j
*100%
105%
—
100
M-N
*105'A
VlN
*103
1944
II
103%
102'A
J-J
125
119
125
104
J-J
1959
A-O
M-N
106'A
105%
110%
103%
113'A
105'A
105%
1965
102
*105'A
impt mtge 3%s series B—1974
Tcxarkana & Ft Smith 5'As A
.1950
3s
Company 3s deb
debentures
F-A
—
88
94
91'A
1.2
105% 105%
2
104%
106%
105'/a 106'A
12
105%
107
91
91'A
■»
109
107% 107%
112%
108%
Sheet & Tube.1948
M-S
102%
102% 102%
25
.1960
f 3 'As series D_T
M-N
101%
101% 101%
32
103%
95% 101 %
101%
103%
*11I'A 112'A
Texas
23%
106%
103%
*_.
J-J
15
Af 103%
•
*119
F-A
1953
65
26%
107
*109% 110
A-O
1971
Deferred
in the year's range,
Under-the-rule sale not included
delivery sale not included
n
d Ex-interest, e Odd-lot sale
in the year's range, r Cash
pound unit of bonds.
tThe price represented is the dollar
Accrued Interest payable at the exchange rate of $4.8484.
{Companies reported as being in bankruptcy,
the Bankruptcy
not
sale
the year's range.
.^Negotiability impaired bv maturity,
uen
3
14%
v
a
Ref &
67%
47%
111%
54
Youngstown
105%
1968
Service 3'As
Conv deb 4s__.
104%
50%
j-j
J-J
93
114% 116%
104%
104% 105'/a
1
F-A
1951
111>/a
111%
110% 111%
105% 105%
not included in
.
88
100% 101%
108%
107%
61
56%
112%
105
15
Wisconsin Elec Power 3%s.
43
41%
47%
-
Included in the year's range,
Tenn Coal Iron & RR
gen 5s
Terminal Assn St L 1st cons 5s
12
M-N
SASu & Du div & term 1st 4s
ACertificates of deposit.
101% 102%
109%
38
J-J
„„
.
102% 104%
102%
*111% 111%
91'A 913/4
101'A 101%
*116%
■'
,»102
w
M-S
1966
52'A
53%
J-J
1949
55%
56'A
deposit
101
.
—
M-N
*1936
of
84
j-j
j-d
102
J-J
92
*
—.1961
.1953
Studebaker Corp conv deb 6s—.A-1945 >
debenture—
2%
102%
83
.1949
5
v-
Standard Oil N J deb 3s._
87%
46
.1960
40
j-d
M-N
74
101% 102
1954
Central 1st 4s
96'A
100%
Apr
102% 102%
102
Winston-Salem S B 1st 4s...
IA Wisconsin
,102
102%
M-3
1958
100'/a 100%
j-j
84
J-D
1st mortgage es
ACertificates
98
3
Af-N
-2361
...
85
35
61
34
.2361
Wheeling Steel lst 3%s series B.
91%
94%
74%' 77
102
.1951
Pulp & Paper 3s
& Co
y:'
21
:7;
101% 102
:
.94
1Q2
.1960
Wheeling & Lake Erie RR 4s_,
81
95
96
West Va
106%
92
68%
74
92'/a
-s:
70%
82
'•
....
77
74% '77
84'A
"7 55 '
.1951
66%
110
721'4
74
A-O
Registered
-Vr
■
112
112%
.1950
Westejn Union Teleg gold 4%s__
25-year gold 5s
A
A-Ai
30-year 5s
A-A.
Westinghouse El & Mfg 2'/8s.„.
West Sftore 1st 4s guaranteed...
Wilson
104 % 105
36
M-3
101%
*86
86
99%
;1940
101ft
100% 101%
89
%
110%
106
109%
33
98
7 A 5s assented^
108%
111% 112
88
66%
6
91%
A-O
j-j
7"
100% 100%
j-j
j-j
68
M-3
-AY/
88%
104
318%. 120%
;: 7
A.
98%
98
104
104
•,
*108%
J-J
68'A
97%
96
-
*110%
A-O
45
102
•
J-D
.1977
109%
'31
♦118% A.
.1952
109%
105
*100
J-D
100
91
10
88
■,>..■
F-A
Maryland 1st 4s.
107
18
98%; ?,
38% >.
99%
*99
ref 5'As series A.
mtge 3'As series I
Western
105%
:
*94
F-A
J-J
1st &
12
37'A
.1966
105%
104
96%
97%
Q-M
5s stpd gtd_«»„ .1950
.1967
"Gen mtge 3'As
.1963
West Penn Power 1st 5s E
61
101%
4s_
Westchester Ltg
1st
101%
105% 105%
101%
Ref & gen
Warren RR 1st ref gtd
66%
A-O
35% :
*36
1,102
105% 106 %
'A
37
27%'
*37
F-A
5s series
Walworth Co 1st mtge
7
j-j
56
26%
29%
103%
95%
68
34
30%
105 '/a
*90%
44
110
50
104
96%
33
56
13%
69
•
68
52%
M-3
49%
7
83% ,100%
63
100%
100
5%s A—-1975
B——._«»_1976
4%s series C.«
1978
5s series D__—____1980
gen
ARef & gen
M-3
j-d
86
111
66'/4
14%
*103
*107
72'A
108%
68
27%
"/:., *123
L.AV:
L.
6
9
79'A 79%
110% 111 7
56
t A Wabash Ry ref & gen
•
Southern Pacific
4s
A..
.
100
Apr
71
2
:
A
92
Apr
335
51%
106%
j.j
'• 'v'f
44
51%
A-O
.1962
'•
44
91%
104% 110
__
1991
334
-
100 Vi 100%
A: 101,
j-j
;
41%: 46 %
;■
.
100%
.1964
Socony-Vacuum Oil 3s debs.
South & Nor Ala RR gtd 5s.
South Bell Tel &•' Tel 3 'As..
3s debentures.-—
"
43
46'A
1961
debentures
•
41
42%
F-A
1954
Co debentures
'
29
1935
coll tr 7s
4s
t§ ASilesian-Am Corp
26%
m-s
—
Union Oil 2'/as debs
2%s sinking fund debentures
Skelly Oil 3s
30
1935
Shell
Simmons
27%
1933
!§AAtl & Birm 1st gtd 4s_
{ASeaboard All Fla 6s A ctfs.
A6s
29%
v,
*94%
series A«^—-1981
106
28
24
20
40'A
21%
M-s
.1945
cons
18%
43%
•
6s series A.,—
ACertificates of deposit
A 1st
20
43
43%
21%
f-_.
A-O
79%
91'A
*110% 111%
,:Y.'.'7:
114
109% 112
19
*90%
J-J
1971
/
series A
mtge inc 4'As ser B M; y M)1 ■ n
AGen
ARef
7,
,'Y
108%
111
A.7'7-
'
109% 109%
■
'
-
%
AGen mtge 4s inc
:
-
.101%
40
*112
"r
W
Wabash RR Co—
123
A-O
1959
stamped.—
§A4s gold
5 AReiunding 4s_———
ACertificates of deposit
cons
__
50 V*
85
104'A 104%
A-O
3%s.
72 7
1U
28%"':S;
1950
1st gold 5s_
Iron Coal & Coke
Virginia Pub Serv 1st mtge
Va & Southwest 1st gtd 5s_—
A
{Seaboard Air Line Ry—
§ A 1st gold 4s unstamped
series A„
84
46'A
,
*103
:
M-3
s
98
! 65'A
12
10
.4'
30%
1949
Va
'
39%
3.6
M-N
jASt Paul E Gr Trk 1st
JgASt P & K C Sh L gtd 4'As
St Paul Union Depot 3'/bs B_.
Schenley Distillers 4s s 1 deb—
Scioto V & N E 1st gtd 4s
M-S
■>
880
:
40
A
i/.,21
22%
F-A
37%
38%
53%
56%
18%
20%
98
69
j-j
38%
70%
56%
,97%
/
70%
j-j
unifying 5s.:—.....1952
gold 5s series a.
1990
Paul & Duluth-
—
j-j
1989
A
,
M-N
1968
Virginian Ry 3%s series A.
19
F-A
1957
Cons
108%
Y, *108%.>
1955
f 4s series B
Va Elec St Pwr 3%s series-B—
Vandalla RR cons g.4s
90% 7
208
35%
ir-s
series A_—
ACertificates of deposit stpd
100%
1,126
32 »A
j-j
M 4'/aS
78%
91
73 v
"
33%
31
lien 5s series B—
ACertificates of deposit.
44
10
.
29
j-j
A950
A Prior
ACons
91%
*89%
.1950
}ASt L-San Fr pr lien 4s a.
ACertificates of deposit.
1*2
78%
97% Z'.'7
97'A
m-s
j-j
95
95%"",'
78%
.1959
1st mtge 5s——
Rocky Mt & P 5s stpd
L Pub Serv
St
94%'
95%
receivership, or
companies.
quotation per 200-
reorganized under Section 77 of
Act, or securities assumed by such
♦Friday's bid and asked prices; no
ABonds selling flat.
•
sales being transacted
<
during current
week,
THE COMMERCIAL & FINANCIAL CHRONICLE
'Number: 4243
Volume 159
29
..
NEW YORK CURB EXCHANGE
AND
WEEKLY
NOTICE—Cash nnd deferred delivery sales are disregarded in the week^ range unless
in a footnote in the week .in which .they occur.
No account is taken of such sales in
25
and
to include every
Dec.
Ended
Week
Range
of Prices '
Last
Sale Price
31
——.——1
3'/a
6%
B
———.»
Convertible
Alabama Power Co $7
9'/a
2,500
5
Jan
2 '/a
3,800
1%
Feb
9Va Dec
4% May
2%
700
1%
Jan
3% July
35% Jun
80
30
105%
30
105
105V4
•
27
27
29%
29%
110%
V110%
23
common-—r—•
•-
•'
76 100%
-
$2
5%
'
38
••
•
40
39%
•
Mfg
American
Preferred
2Va
Seal-Kap
Oct
Jan
33
Mar
9Vi Jun
X4% NOV
40%
Jan
July
37% Oct
3% July
8,800
107% 108 Va
750
5'A
35%
41-
17 % -Jun
19% Jan
400
26%
47% July
Jan
29% July
9,100
25%
5
5%
July
Apr
% Jan
-36%
2,100
-
45
Jan
371/8
l'A
•
42
Jan
iV Jan
12
93 %
3%
Jan
175
28%
112
Jan
1,500
3% May
Jan
July
6% July
36%
10%
Jan
,1%
.—.—100
13%
Jan
23%
200
201/2
Jan
28
13
Jan
19%
33
50
75
17%
17%
5,200
25%
Feb
35'4
35'A
25
25
Jan
,100
88%
88 %
10
80
Jan
l'A
5,800
%
Jan
1%
1,100
20%
Jan
26%
150
43%
Dec
57%
5%
Jan
13 % July
'2% Jan
5% May
27
-17%
1
l'A
..
23%
23'/a
.43%
23%
:
43%.
;10%
11%
.3,600
3%
11%
common—.... ...2
3%
100
83
12%
82
12%
775
,
44 Va
iff
%
preferred..—!————•
105%
104% 105 %
$6
1st
14%
preferred—5
American Writing Paper common-—•
Anchor Post Fence.——————2
Angostura-Wupperman —————1
V'
14%
3%
preferred———
$6 series
American Thread 5%
3%
1,800
2%
12% May,
30%
33
•
14% Jan
July
18% July
12% Jan
18
3%
Sep
Jun
4-t—£1
reg —* —'jwwp*1! wi
:
15%
15%
15%
/(HI
11% Jan
3
,
2%
14%
14%
100
V
5%
Jan
Jan
5
Jan
2 Vi
Jan
8% Jan
800
15%
Jun
1%
-
290
107% 108%
3%
3%
3
3%- —13'A—3'A~
4'/a
500
15
2»A
1% Jan
11% Sep
5% Jan
26%
75
Oct
84
NOV
A Jan
2
May
19%
21 »A
77%
77%
30
1%
1%
906
8%
I
8%
900
T%
10,400
.5
Buckeye Pipe Line,
Buffalo Niagara & East Power—
$1.60
preferred—
.————25
17 Va
16%
17%
99
98
99
11%
$5" 1st preferred
Bunker Hill & Sullivan.—.———2.50
11%
11%:
Burco Inc $3 preferred
Burma Corp Am dep rets——.—
10%
;
8%
1%
10 %:
97%
8%
20
9%
1,200
8%
Aug
5%
350
~i% 1%
1,200
3%... 4
4%
4%
2,000
3%
Burry Biscuit Corp.— -—..12 %o
(P A) common——.——25c
Butler
Jun
10% July
Jan
100
88%
Apr
6% Nov
Cable Electric Products common
50c
Voting trust certificates..
—50c
Cables
Ashland
-5
Works common—
1
Oil & Refining Co———.
7%
.714
v
6
;
7%
5%
'
dep rets 5% pfd——£1
Sugar Estate
—.1
Calamba
Califorina
Electric
-
Power—..——10
Callite, Tungsten Corp.—
Camden Fire Insurance Assn.
Canadian
Car &
Participating
6
6
5%
'
4%
.1
u
.
...'r
3Ve July
3% Jan
Canadian
100
5%
.
x4Vs
••
4%.
'
-
5%
700
Associated Breweries of Canada
Jan
10
Jun
Jan
7
July
17% Nov
12% Jan
;
..£1
dep rects reg———
American
614
Tff
Atlanta Birm & Coast RR.Co
Coast
■
Iff
•
69%
~8% "9%
9%
....
Feb
Jan
-
Jun
—
80
May
9Va
Dec
-50
Atlantic Coast Line Co
Atlas Drop Forge
-15
Products——..——
1
Automatic
(B F) & Sons common—
6%
Jan
8'/a July
7,000
%
Jan
900
Vs.
4%
Dec
2% July
8% Apr
10% Nov
12% Nov
preferred—.'—-.!.—..---.
Collieries—
3%
400
2%
Jan
5% July
4%:
900
3%
Jan
6
9%
9%
100
10%
—1
11%
3%
.3%:
5%
11%
11%
—5
'
-2
4%
Voting, Machine
Plywood
40 % May
4»/2
Corp..———<—•
Automatic
Avery
28% Jan
525
10%
100
1,400
w,
4%
16%
25
Jan
Jan
Jun
lLvJuly
23
Sep
10%
Dec
514 Jan
'
Babcock & Wilcox Op————
Baldwin
Barium
•
—.1
Robber Co common
Stainless
19%
'
22
5,100
19%
Steel——
—1
"i%-
'7%
20,400
39 Va
50
29%
Jan
5%
6V4
500
3%
2%
16,100
Va
39%
Jan
2
2%
7% Dec
2% Jan
Jan
7Va May
3 Va
14%
"*4%
14%
4%
3
4%
50
9%
.
Beau
2,200
,
.
4
..
Jan .;
"
,
common—,,——,.*
~
1st preferred-—--,!^-!—-100
Brummel Ties——!—!——1
6%
14
Beauni! Mills Inc common-.———10
$1.50 convertible preferred—..—20
Bellanca Aircraft ^common———1'
Bel! Tel of Canada
Benson
& Hedges
—...
on
614
100
14 Va
300
,
"3% "3%
4,500
128% 128 V2
3%
,.—100
10
•
Bickfords Inc common.—
.
_1
Bifdsboro Steel Fdy & Mach Co com—•
Blauner's common
——*
——
Blue
$3
Ridge Corp
—...—
common..
1
1
optional convertible preferred—*
(S) & Co
—*
Blumenthal
For footnotes see
page 33.
1% ' Apr
Jan
16
,
55
.
3%
.
'
'
Dec
5%
Oct
Jan
5Ve
Oct
Oct
class A—
-
9% Jan!
-120"
5Va Aug
—36%-Jan
Casco
Products.....—.—♦
10
.1%
10
(A M)
Jan
116
Jan
.'112
1,400
Castle
Hudson
of America—
Gas & Elec
Central Maine Power 7 %
New
.1
'**3% "i
:
1,100
x8%
8%
_*.
com.
pfd—100
Ohio Steel Products—..:
—1
Central Power & Light 7% pfd....100
97%
:
112
elj
.1
Co—.—
102
100
iV
12,500
116
,
~71A "7%
;.:rApr;.;; r
:il| I
,
97%
Chesebrough Mfg_.
———25
Chicago Flexible Shaft Co
5
Chicago Rivet & Mach...——
4
83%
84
6%
—1
—.100
84%
147/a
SVa Jan
700
875
•
16%
.13%
;
64% Jan
525
A
18 Va
18lA,
425
6%
6%
%'
■A ;
Consolidated Mining—,
Sep
14%. AUg
Sep
84% Jun
8
July
% May
-A Jan
9
26 Va Aug
Mar
/'
18JA May
47,900
3% Jan
94%
2,600
51% Jan
8'A
8%
300
4% Jan
85 Va
85 Va
50
48
Jan
96%
98%
98%
10
76
Jan
99%
98
98
20
73
Apr
99
17 Va
Cities Service common——..——10
preferred—.—
60c preferred B—
$6 preferred BB._
———*
———
...♦
..*
Cities Service P & L $7 preferred——*
.12%
6%'
7
14%
2
45
1*10%
••
%
%
12%
12%
6%
6%
2% Nov
Jan
—
Controller
Claude
Neon
6%:
14%
1%'
2
43%
45
10%
10%
50
700
■
14^8
.
Cleveland Tractor
Colon
Utensil
Aluminum
Cockshutt
common
4%
300
1
.4
•
Plow
Co
Jan
Jan
9% Mar
l%July
13% July
6
10
1,600
Apr
9% July
3% Jan
10% Jan
16% Mar
"
1,600
Jan
3
,750
37% *Jan
50
J|n
Jun
Jun
.
Dec
Dec
8V4 May
Jan
Jan
22
July
35%
36 Va
13'A
1,900
12
11%
'•
i' '' I-
;
;
"9%
■^4%
14
5V4
3%
Mar
11%
May
July
15% July
'2%
Colorado Fuel & Iron warrants.—
Colt's Patent
Columbia
Fire
Arms——25"
Gas & Elec-trlc—
.
5 ^preference
V
&
:
.
,
1,800
extended to
preferred
Consolidated
55
..
56%
A
11,100
—25
——1
.21%
20 Va
21%
850
■:%
Va
9%
350
1946.
wi
9%
..._1.
*
Utilities..
.1
Jan
14
A
Jan
7% Jan
%
4%
4
4%
400
66 Vz
65
66 Va
600
113% 114%
110
series B preferred
..—100
preferred series C__—
—.100
Gas
!
60
1/64 Jan
Sep'
3a3 Mar
,22
July
IV4 Apr
11% July
%May
Apr
26 V2; Jan
4%^
4%
,
:
.*
..._*
Co.——1
Consol G E L P Bait common—
Consolidated
Jan
200
!
4
July
55% Feb
Dec
24
410
1/64
106
•
4%
109 V2
,
4%,
150-
2.200
32 V4
Jan
5%
2%
Jun
10% July
IVb Jan
39
1,600
1/64
—
Biscuit
43
56
Conn Gas & Coke Secur common..
$3
,
41'A
n-M:,
warrants-
———..!iIOO
Southern
.(2%
42%
July
Dec'
7% July
1% Jan
•3% Feb
4,900
4,300
2%
8%'
Mar
8
100
8%
5Va
19 Va July
2
■
9%
■
36% Nov
Jan
6
7% Jan
200
'
Development ordinary—
Airlines——.———1
5lA
Apr
28% May
475
'12'/a
13 Va
Colonial
lVa July
Apr
V4 Jan
5%
—•
common
Community Public Service.—.:
Community Water Service—..
Compo Shoe Machinery—
Jan
Jun
11%
Jun
1,600
Co——•
Commonwealth
Jun
98%
v,8
13
150
17%
....
...
Apr
45
6
■<
.!.
6% Feb
Corp.—.——100
Mar
,42
75
1,600
Club
Coal
5
Jan
%
'
6%
6%
—...1
Co
Lights Inc.—
Clayton & Lambert Mfg.
Cleveland
Electric Illuminating
136
.Nov
3,600
!
.
15%:
90
93 Va
$6
Dec
105
Jan
80
.
1% May
10% May
Sep
Jan
4V4.Jan.r; {■
97/a Jan '
50
150
98
Aug
-
Oct
,4% Nov
:4%.:.'Jan';j
Cherry-Burreil common.————5
preferred!..:
'II ',4% Feb'
-.,10'-/July'
■
Cbamberlin Metal Weather Strip Co.—5
Charis Corp common——————.10
Childs Co
r
A
700
7'A
'
5%
Oct
.
84%: Jan,.:
7 Vsi ,Jan
20
112
%
Utilities—.50c
South West
,
'.tan;-.'
114% Jan
e
Central &
Jun
.21
6
200
98
Jan
13
'
Jan
2%
.
preferred.100
York Power 5%
8% July
7
Feb
6% Jan
15%
A
Aug
Aug
18% Jun
7% Jan
!
& Co.^——10
Corp
7%' Apr
—OOV* Oct
106%
2,600
Catalin
23VaMay
-
102
Light $7 preferred..*
Oct
2%May
13% Nov
,
Mar
22
•
"47% "~48
I-'..'
H Jan
4,800
100
150
'
6 'A Sep
15% July
25
July
Feb
7% Jan
21% Mar
115 Va
6% July
3% Sep
33
preferred————*
Berkey "& Gay Furniture—.
——1
(E W) common
M
''
Oct
35
common—
Convertible
Bliss
Apr
15
Jan
-
(L)
1%
13 JA'
13%
Clinchfield
1
Basic Refractories Inc
1%
Nov
&
Baumann
Aug
Jan
Jun
26
Dec
6%
39 %
7
—30
Seelig Mfg—
$1.20 convertible A common——,
Barlow
21%
«
warants for common——
preferred———
1%
1%
£6,
B
7%
23
Dec
3 Vs
200
4%
preferred—..i..——
_*
City Auto Stamping.
City & Suburban Homes..——....—10
.
/
Purchase
'
Clark
Ayrshire Patoka
Baldwin Locomotive—
,4%'
'
13
Chief
J.'
140
.
common!.————!.*"1
Cessna A'rcraft
41/2
1%
.——
common——
1
Atlas
29%:
Rayon /Corp.!——y-—! -1
Atlas Corp warrants
\
29
Oct
6% July
'
3
4%
13%
'"
.
7%
Alcohol—
13%
Central
.
.20%
Corp common.....
1
(J W) Co common...—....X
Central
Jan
1% Jan
2,300
preferred—
2% Sep
Feb
3%
3,900
'
Atlantic
Co
Carolina Power &
i9g May
1 Va
pfd_. 100
Fisheries—:
8
Dec
% Feb
1,200
'
Associated Laundries of America
Associated Tel & Tel class A—
Atlantic
Sc Co
Central
Associated Electric Industries-
Apr
Industries Ltd—
Carnation
$6
Aug
te*.''
City Products........
Carrier
Apr
7
1%
200
preierred—.—.—100
Carman
3%
'
A
Capital
l'A
%
5
voting—,
Class B nod voting—
•
1%
Dec
300
iff
6%% pfd4.100
Foundry Ltd—
1'*
preference—....s!!.25
Canadian* Industrial
Class
1%, Apr
A Jan
iff'
it
American
Dec
10 Va Aug
4%
400
V
6
4% July
5% Mat
Jan
2% Feb
100
.
Wireless-
&
Carter
Art Metal
Oct
31% May
!' 1% Jun
iV Jan !
%
Dec
99%
13% May
..
Apr
.
Feb
Mar
17»A
■
9% Jan.. !.
25
Dec
SVa
Jan
82
Oct
10
10% Jan
8,300
July
22
.
7% Jan
2,000
Jun
--■6 %
Jan
.;~1% Jan-
Jan
Dec
Jpmm
15
14% Jan
5
Co common.-
Bruck Silk Mills Ltd.
Sep
May
111
97% Jan
5,800
-9,2002,100
97
97
,
^
Aug
1
Dec
300
3%
14
22
Aug
2'
3%
Canadian Marconi.—.1.
Apex-Elec Mfg Co common————♦
Appalachian Elec Pwr .414% P*4—100
Arkansas Natural Gas common—*
Common class A nonvoting—
6%
preferred—
——10
Arkansas Power & Light $7 preferred.*
Aro Equipment Corp new——2.50
5'A Aug
22
*
20%
May
2%
500
2Va
~2%
4%
2%
4
2
1,400
4-
4
Aug
Sep
1% Feb
100
? ?
Brown Forman Distillers
Oct
17% July
Jan
3%
Jan
.;<> r
bearer.^..,!,^.—£1
15
Oct
105 Va
Jan
100
15
Dec
83
,
Sep
liMay
■
Jan:
60
Jan
July
26% Apr
39% May
89% Oct
Jan.
28,700
575'
1% Apr
i
10% Mar
100
,
Canada Cement Co Ltd
American Superpower Corp common—*
Aug
7% May
I
*
Ciass B
(E L)
Oct
119
:
'tV Pch
t
,
Sep
12%
Jan
2% Jan
4,100
2,000
1%
22%
Jun
27
-
7
1%
1
Brown Fence & Wire common..—...1
Class A, preferred
....
•
Bruce
7% Mar
Jan
,
Jun
12% May
Aug
42 Va
450
15
26%
15
2
61
:
6%
•
•
—
Tobacco—roj
ord
23%
2% Dec
3,000
Mar
;
Sep
14%
1
Maracaibo Co———
American Meter Co
....———
American Potash & Chemical-—..
American
Republics—.—— ..10
American
Mar
2Va July
15%
14%
1
1
American
'
9%
10,500
•
Feb
Apr
2
11% Jan
7% Jan,
1,100
3%
Amer dep rets ord reg—.——..10s
British Columbia Power class, A—.—*
.100
common.—
S%
Oil Co
American
rets
,700
9%
Dec
9
2% Jan
% Jan
1,100
19
18%
,9%
2%
A————
dep
1%:
-
July
%
■fa Jan ■:
700
100
dep rects ord
Am
1
1,500
22% Sep
British American
Am
10%
—*
A—
preferred
Mfg Co common
Class
28% May
Jan
1%.
Sep
15%
40 %
.
Co——— ,.25
Mach—.— -20
Co
7%
Brillo
82 Va
Jan
6
3 Va
B—........
•
Apr
23
1,400
"9%
——
class
Corp
Class
46
100
lOVi
'A
'7:
1
Bridgeport Gas Light Co—
Bridgeport Oil Co..—
Preferred
10
24%
.1
Aeronautical
11% July
76%'
—*
Corp common
Kimlk
■■
9%
,,
%
*
—
Brewster
10%
—.100
....
liy2
.
120
20%
3,100
35%
——100
—-——~—————
preferred
$5 2d preferred—
Brazilian Traction Lgt & Pwr.
British Celanese Ltd—
250
v;
34
14%
VA
107%
& Traccommon.. ,-25
.-25
Light
1st
Oct
!-100
38
1%
preferred————
6 %
7%
:Low
76%
18%
Jan
,
'
26%
convertible preferred——.
American
115% July
109
,4
1,000
common-ii-i1
Electric-—--—10
Laundry
100
5'A
32%
American Hard Rubber
American
'
Dec
100
400
330
i;'i
General Corp common- ,10 c
1
convertible preferred————
$2.50
:
35% NOV
Dec
731/2
1,075
•
29%
"2Va-
American
■
Mar
29
.
Jan
6
'
■
23%
23%
$5 prior preferred—.—————*
—.-—1
preferred-——-
Jan
27%
Fork & Hoe
4% %
106%
%
-
-
Jun
Dec
1,550
High
3Va Feb
100
Brown RubDer Co common...—....1
Cyanamld class A—
10
Class B non-voting——10
American & Foreign Power warrantsGas &
28% Mar
.
13% Jan
American
American
23%
5%
Convertible, class A——————.25
Class ' A—.—.—.——25,
American
Oct
Dec
10
Dec
29%
%
Cities Power & Light—
Class B
Apr
50
29%
——1
Co..-————100
American ' Central > Mf
.
3%
Oct
6,700
—
73%
■
100
Book
■
Apr
■
—,—100
American
■
——
—"
75
common—•
American
■;
111%:;.
-■-!:
,
.
Ltd
23%
•
Range Since tannery 1
'
low
—
British
common——'—*
6%. preferred.—.—!—.—
American Beverage common.—,
Apr
22%
150
27
29 Va
Aluminium
pec
4
23
Aluminum Industries
105%
110
3%
1
preferred—
.———-100
Aluminum Goods Mfg———————r* ■
Nov
Nov
Jan
HO
6 %■
;
94
114%
' Jan
91%
Shares
—
.25
Inc—.:
——1•*.■
Bowman-Biltmore common—.———*
Brill
*Il0
Aluminum Co new
3% July
Jan
102
&0
%
88
Class A conv common———. -25
.
,
Jan
72
114% 114%
88'/a
.50
-
pfd..
Allied Products (Mich).—W—«—
1st preferred—
Breeze
-3
tor Week
of Prices
PM
Bourjois
2 Ve
preferred—
Allied Intl Investing $3 «conv
7%
Borne Scrymser Co—
July
8
1%
Sales
Range
Sale Price
Co common.———*
9
27% Jan
$6 preferred—
Allegheny Ludlum Steel—
;
7% preferred ————;—— ,100
Alles & Fisher Inc common..
(H C)
5'A May
Vl%
preferred——;.——10
Electric Appliance.—
Great Southern—!—-—
Air-Way
Alabama
22% Sep.
Jan
5%
400
Last
31
:
Bohack
Week's
Friday
Exchange
Dec.
"
July
3% Dec
400
3%
6%
Oct
26
Feb
20
——.1'
Supply Mfg class A
Class
are shown
"
Curb
Ended
High
tow
17
AinsworthMfg common
Air-Associates Inc (N J)^.—
Aircraft Accessories Corp.--———.50c
Air Investors common.——
2
Week
Range Since January 1
Shares
Co common———10
Acme Wire
Aero
New York
HM
Low
!,r\
STOCKS
Sales
for Week
Week's,
;
Friday
Exchange
Curb
and when selling outside the regular weekly, range
computing the range lor the year.
record of the transactions on the New York Curb Exchange for the week beginning on Saturday,
It is compiled ehtir^ly from the daily reports of the Curb Exchange itself, and is intended
bond, in which any dealings have occurred during the current year.
security, whether stock or
STOCKS
New York
they are the. only
(Dec. 31, 1943).
present Friday
the
ending
RECORD
list we furnish a complete
In the following extensive
Dec.
YEARLY
Dec
Jun
56% Jan
67
July
Ton
121
Jun
111
llO'A
Jun
5
Jun
,
COMMERCIAL & FINANCIAL' CHRONICLE
THE
30
Week's
Sales
Last
Curb Exchange
Ended Dec. 31
Range
for Week
31%
preferred
8 %
314
300
6%
Textile
Consol
10%
Oct
4%
Sep
3614
dep receipts
American
A Apr
2% May
90%
Service
Gilbert
(A C)
Petroleum—
Class
9
414 July
4% Sep
Gray
Jan
Jan
v
6% Mar
U
convertible preferred
Crystal Oil Refining common
$6 preferred—
Jan
10%
■
%
6
1%
Apr
15% Apr
227/s Jun
Feb
11
Feb
Sugar/
Cuban Tobacco commonCurtis Lighting Inc commonCurtis Mfg Co (Mo)
Sep
3%
1% Feb
Apr
1%
Sep
3
July
8
Dec
10
Mfg
Mfg
Nov
Jan
11%
7%
11
stock
common
Jan
114
Sep
107% Mar
116
Nov
Oct
Hamilton
Nov
Hammermill
6%
Jun
4y4
Jan
Hazeltine
111
Mar
Nov
62%
Jan
79% Jun
x8%
Jan
13
Apr
19%
Jan
21%
Sep
30% Mar
10% Mar
10% Mar
class
Ltd
Coal B
6% May
21%
Jan
Dec
Oct
9% July
Aug
Horn &
Jun
Horn
Apr
5%
4
1%
3
Jan
8
Jan
Mar
,
July
11% Apr
Co
;V
prior
4%$>
preferred———
Malleable Iron
States Corp—$7 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
$6 preferred
Electric Power & Light 2d pfd A
6%
Emsco
38
5
,5%
1,500
1414
14'/a
■
8%.
77/a
-
Jan
36
Bakihg Co_
(Harvey)
Humble
Oil
25% I,
25%
2%
Jan
"38%
& P.efinihg
Jan
Jan
907/a
Jan
62
90
9014
2,100
43%
50
52 <77
-7;' 7
8%
..
Power participating stock
Derrick & Equipment-—
—
42
8%
"7;.-: 8%
1%
31%
30%
'75%
Inc—i-——
Eureka Pipe Line common
Eversharp Inc common
Esquire
8%
4%
—77
,=
1%
31%
30
19
19
19
9
7
>
Ir6l8>nd
Mar
43
12% May
.76%
Jan
i7b
J an
22y4
Nov
1% July
35
Jan.
"7-
May
6
Dec
2 V4
Jan
25%
Jan
34%
7
Jan
21
Dec
$3.50
series—-
International Industries
Falstaff
Fansteei
—W
Co———
Co
(Phila)—
Florida Power & Light $7 pre'erred
Ford Motor Co Ltd—
Am dep rets ord reg
Ford Motor of Canada
Association
B
3
Mar
Jan
14%
Dec
1,100
60
550
1,600
3%
Jan
24
6%
Jan
81% Jan
109%
•v
Oct
Dec
3% Jan
6
May
15%
Jan
21%
Jan
22
common
5 %
preferred
Mfg Co common
General Alloys Co
42
11% Mar
Sep
4% Ma*
20%
Sep
Jan
15
Jan
9
.
-6%
10
68%
44
Apr
Jan
64
July
Mar
Dec
10
Dec
5%
Gen
coupon
Fireproofing
common—.
For footnotes
see
page 33.
'
45%
Jan
10
Oct
16%
Apr
9% Jan
10
400
'15% July
Jan'
,
15% July
9% Jan j
800
:;7
7% July
5% Mar
:
3,300 7
,
8%
,
Oct
10% July
Dec
24'
Aug
"7; 20
91
Jan
112 "
Sep
220
20
Feb
45%
Oct
20%
Jan
48 7
Oct
7 ^ 42%
45
:;;"7.407
■
'80%
ri4y2'
14%,
8%
38% July
87%; Sep
12%. Jan
.16.% Jun
1,900
800
2% Jan
3,500
4,900
7%
17%
17%
8%
6%
Feb
,
:6% " 7%'!%
777 72%! 3%
16%
Jan
100,
■7' 950
73,V
shs—'
Jan
15%
:! 500
*
'-':'i4%
:
1% July
7
%
"
79% x82%
'
'69%
'
27%
1%
5
May
14% July
7 e% Nov
13%
6%
500
10% July1
21% July
Jan~
21
Jan
14
300
-
11% May.
\
Jan
!'"■ 8% Jan
20
!
21%
:
32
3% Jan
1,100
.
26
.
,
400
.;
Jun
1% May
21%
A ■, Jan
7% Jan
>500
;
24
July
9%
Jan
% Mar
26
Dec
A Jun
Dec
1
32
~V/8 ~~VA
Equipment
Interstate Hosiery Mills
Interstate Power $7 preferred
Iron
;3
5
>
41%
40
'
preferred
prior preferred-
Interstate
Jan
Jah
108% 108%
Zl
—'
7 Sep
5
1
16% Jan
Home
Jan
45 Va
Dec
1
Nov
3%
Jan
21% Feb
1% Jan
24%
Jun
900
,
200
8
8
710%
Royalty—JFireman Mfg voting trust ctfs—*
:•
Irving Air Chute—_J__——1
Italian Superpower AJ■ •
7:>% Jan
.
July
10%
7 ..!' Dec
!
1,700
>i
21
Jan
1,800
-7i4 .18-..-
'■>:,%
14%
225
17%, 18
.
Oct
A July
>..%- Feb'
Apr
Jun
2
?■;
'
Jacobs
%
ii'iiu
Aircraft Engine Co_.
ii4
Jeannette Glass'Co—
Jersey Central Pwr Jfext 514% pfd
Jacobs
(PL)
Co
6%
preferred—:
Jan
1% May
Jan
2
Jan
>7%
Feb
X13%
Sep
90
3
■
4%
3% > > 2,200
4%-rv7 i,800 -/:
2%
.
^
200
-
•
:
,
Jun
Apr
Sep
13%
4% May
8% July
16%
126
Apr
.
Dec
6%
Jan.
2%
-
89
Jan
-,i
v
July
Jun
Jun
Aug
69%
Jan
97 .'-' Aug
79
>;.'..:iv.;' "50:''
88-% : 92 '
•
6
Jan
.66
••itte86-8!'r.86^.V.
'
Dec
2%
.U'l
preferred—
1
Jan!
102% Oct '
>-
13%
19%
Jan
Sep
ColjK
July
2%
97/s
200
Dec
^
16%
Kansas Gas & Elec
Kennedy's
Inc
7^ preferred..
—ii.—
-
Ken-Rad Tube & Lamp A_
preferred series A
Gas & Elec $6 preferred B
9%
Jan
,25
82% July
Jan
1
600
Amer dep rets ord reg
General Finance Corp common
Jun
.#■1.
Gen Electric Co Ltd
General
i
Aug
Mar
2% Jan
200
,100
4%
3%
■.
'**■
V8%" -.9/
'.^9
'..
———————
Julian & Kokenge
Gellman
Dec
Jun
Jan
,
Jun
29
Gatineau Power Co
1
22%
Jun
3
45
preferred
-
8% July
2%
-
Jan
8
6,900
i'v«
12'
3
IncM.,
7 'Jo
convertible
5% Mar
7
,
1,400
9%
v
B
Class
$3.50
70%
57%
15
1,500
Co
stock
Fuller (Geo A)
Oct
2,700
,
43%
11 % T 12
1VA
International Safety Razor B
-International Utility qlass A
$.1.75
VA Mar
700
>"
3,000 >7
4%
.
42%
.
Jun
29%. Nov
4%
••
Registered shares—.
International Products
July
16%
2,800
...V 5%
'0 <! A Jan
200
'
Investors
voting
of France
Amer dep rets bearer
Fox (Peter) Brewing Co
Franklin Co DistillingjFroedtert Grain & Malt common
conv
Jan
10
29% Nov
Motor
Ford
$3
Jan
7%
1,700
Class A non-voting
Class
1%
2,800
Metallurgical
Federal Compress & Warehouse
Fire
10% Mar
200
Brewing
Fedders Mfg
6% NOV
.13,100
Engine & Airplane
"100
International Metal Industries A
International Minerals and Chemicals-
:
Fairchild
.2%
"
Dec
Jan
3
-
.
w"
Warrants
Fairchild Aviation
38%
#150
-fil
regis-/*
International Petroleum
2,200
21%
•
Co.
'
Preferred
Sep
7
Apr
20% Jun
42 7; .' Dec
400
Industrial Finance v t| c
;
7%
preferred
—_L
—100
Insurance Co of North America.,——10
International Cigar Machine
International Hydro Electric-
Nov
29
500
200
6%:
: 8%
preferred.—;———-—100
7%
•
9 % May
105 v-
Feb
4% V*
43%
IndianapoUs p"& L 5% % preferred-100
Indiana Service 6% preferred—^_100
July,,,;
■,r:3l77#C
Jan
Zinc
dep rets
Am
Dec
150
30%
27%
115% Aug
•
Imperial Oil (Can) coupon;—
Registered ."
—I.
Imperial Tobacco of Canada———-u
Imperial Tobacco of Great Britain A
July
3,400
6
30 77
Jan
4%
6,400
7 775
977"'77
Mar
Apr
500
2%
Imperial Chemical Industries-— .'
Dec
88
50
i; 500
6%
2%
conv
Illinois
2% May
Feb
26
4,900
-'A"
7; 42-77-'>
1%
Corp comrnon—
convertible preferred
•>>'
:7;-
7%
7
9% Vii';■ '8%''• ■'9%
preferred XL
Dividend arrear ctfs"5%
9 % May
iV' Jan
'
•5%
'.-7
Electric 6% pfd—
7
1,100
4% Aug
Feb
6,200
4
20%
Illinois Power Co common.
Jun
89
42
'>...
Dec
35
105
14%' Jan
100=7
-
2%
v.:
Cjo
Ligonier
J:-
40%
3T4 V
Fibre Corp
Hydro-Electric Securities
Hygrade Food Produfcts
Dec
Jan
1,200
%
6%
15.
Apr
2
88%
,.%'J
Dec
23%
.100
26
20 v,v 20"
Inc-i—
-
Apr
12
87
warrants—
Jaii
3%
-
108%
Hubbell
Dec
42
Jan
100
400
Jun
103 % Mar
••
Dec
■
80,800
-
Sep
25
29%
155
100
3%
3%
11%
Noy
6%
July
36%
31%
"450
°
32% ' 32%
& Coi common-
Jan
16
iy4 May
Jan
10%
Equity
$3
26
Jan
% Jan
36%
Jun
Jun
10%
7
Empire
38 y4
7
-"2,000
9% *
9%
Hardart,
Hummel-Ross
Jun
24%
32% July
•:
15%
Co common
Hardart
15%
Dec.
Jan
11% Jan
Apr
20
Eastern
Empire District
59%
19% Jan
preferred
Electrographic CorpElgin National Watch Co
Emerson- Electric/ Mfg—
2% May
Jan
Jan
42
Eastern
Option
12
V.
14% July
20
preferred
Hussmann
Gas & Fuel Assoc common
Jun
27% July
Jan
C
Huyler's common
1st preferred .i—-ud
East
9%
Jan
Jan
7%
•
&
Jan
6
common
—.—I
Inc_
(Geo A)
76
July
7% Apr
11% May
11% May
22%
(A C)
31%
46
Jan
6% Jan
'
Horn
4% May
;
Jan
Jan
4%
Consolidated G M,
Horder's
Jan
Jan
1%
31
9
Holophane
6
May
x33% May
Jan
Jan
Heyden Chemical common
Hoe (R) & Co class A;
Jan
Sulphur
3%
common
Hollinger
2% Nov
1% Aug
;
Hewitt Rubber common
Horinel
.
19%
America B non-vot com
Preferred
Jan
common:
Hosiery class B
May
A
Henry Holt & Co participating A
24
2%
2
Corp
Co
66
56%
Jan
7
ctfs.
voting trust
Class A
78
Duro Test Corp common
Duval Texas
Oct
614
Duke Power CoDurham
Jun
11
Jan
2114
Harris Co
Driver
7
Jan
2
Corp
Draper
Jan
5%
Industries
Domestic
Nov
Jun
3%
Dominion Bridge Co
Sep
14
9
common
Dominion Steel &
7;: 4% May
14%
Diamond Shoe common.
Divco-Twin Truck common
Co
Jan
22
preferred-
Dobeckmun
Jan
%
May
Rubinstein
Heller
1% Mar
2
Jun
50
Dept Stores copimon
convertible preferred
Hecia Mining Co
Apr
Mar
18
Nov
Jan
42
6%
Helena
77(5'r'
25
Hearn
6
Feb
114 Jan
July
7
Dec
Brewing Co
Hat Corp of
July
preferred
7%
Sep
7 17% Feb
Paper.
Rayon
72
Jan
110
Mich Stove Co common
Steel Products,
6%
Jan
4%
Co
Harvard
1%
Vilbiss Co common
,
4% Mar
4%
Lamp Co
Bridge
20
Oct
De
Apr
4% May
Jan
102%.
Stores Products common
Utilities $5.50, pfd
preferred
Gypsum Lime & Alabfcstine
$6
Jan
Detroit
10
Jan
1%
Gulf States
314
Detroit
Mar
36
5'%
Grocery
24 '/
Jan
50
Foundry
140 7 July
27% Jan
Hartford
Gray Iron
Oct
85% July
127% Mar '!
Hartford Electric Light-
Detroit
Apr
9
Greenfield Tap & Die
Dec
Gasket & Mfg.
Oct
5%
6714 Mar
preferred
Jun
6 %
Dec
July
Pacific Tea
35
Detroit
5%
56
Feb
314 Jan
19%
preferred
Jan
■3%' Jan
Jan
debenture
July
31%
Varnish.
24 %
8%
Mar
% May
33% Oct
22%, Jan
11% Jan
$6 prior
-
Jun
108
Jan
1%
Apr
July
12%
Jan
Jan
27
Dayton Rubber Mfg_
Derby Oil & Refining Corp com
A convertible preferred
40
Great Northern Paper,
Hall
convertible
18 %
Jan
Oct
Sep
May
Mar
8% Jan
A
Jan
31
15
Class
13
a'a
Darby Petroleum common
Davenport Hosiery Mills
Dejay Stores
Dennison Mfg class A common
Apr
12%
*
: !
'
10%
26%
1
52%
Co-
1st
Sep
Nov
Jan
Feb
4%
...
*
common
Non-voting
43%
-
96
Atlantic &
Great
Dec
25%
,
%. Jan
Atlantic
100
preferred-
Gorham
2y4 Aug
Jan
19 %
Jan
Mfg Co
Grand Rapids
114
Sep
89 %
Gorham Inc class A
Ift Oct
214
112
514
Dec
Dec
Jan
B
Jan
July
9
-
100
Consolidated
$3
76
Jan
Jan
preferred
$7
2% May
Jan
3%
Aug
31
Coal
Alden
Goldfield
30%
Jan
aa
May
45
July
Sep
10% July
2%
Liquidating Co
Croft Brewing Co—
Crowley Milner & Co
Crown Cent Petrol (Md)
Crown Cork International A
Crown Drug Co common..
Dec
2
52%
Godchaux Sugars class
Jun
26% July
Jan
15%
75
'
Jan.
5%
(ord reg)
82
Jan
% May
% Jan
—
Goodman
13%
Jan
4%
common-
Co
Gladding McBean & Co
Glen
High
Low
30
pfd
$6
.
3 Va May
|| Jan
Range Since Januar
61
Dec
11%
Jan
79
7
W
Cuban
77/a May
Apr
Shares
High
low
"■; Preferred'
% Jan
& Reynoldspreferred A—
Cosden Petroleum common
5%
convertible preferred
Courtaulds Ltd—
Public
Gilchrist
Apr
Jan
Inc d-
Outdoor Adv 6%
41
Jan
a*2
8
of Prices
100
preferred,
General Rayon Co A stock
•
General Shareholdings Corp com
1
$6 convertible preferred
Gen Water Gas & Electric common
1
$3 preferred
Georgia Power $6 preferred
$5 preferred
;
General
General
15% Mar
Sep
4%
Nov
13
Jan
814 Jan
$8
"
15% Mar
8% Dec
9
Dec
103
Jan
76
Corrxm
C
Jan
5% Jan
Co
Electric Co
7%
prior preferredContinental Roll & SteeL
Cook Paint & Varnish Co
Cooper-Bessemer common
$3 prior preference
Copper Range Co—_
Cornucopia Gold Mines
Creole
2% May
314 Aug
V
Continental Gas &
Coro
Nov
112
Jan
114
..—_
Consolidated Royalty Oil
Consolidated Steel Corp
7% July
Sales
for Week
Range
.
P°r
Mar
41
Jan
107
■
Last
Sale Price
31
High
Jan
31
300
33
6
SIriceTjanuary 1
Low
High
Low
Consolidated Mining & Smelt Ltd
Consolidated Retail Stores
Range
Shares
of Prices
Sale Price
Dec.
Ended
Week
Exchange
Curb
York
New
Week's
Friday
STOCKS
Friday
STOCKS
New York
Week
EXCHANGE
NEW YORK CURB
'"liW
^ : ^Monday, January 3, 1944
,
Key Co common
--JL.
Kings Co Lighting 7
5% preferred D__
Kingston Products.
Kirby Petroleum/
io pfd R.
-
•
-5
\»;=
*•
9%
10
>9%
,.,v
7^7:9.%7.>:9% :
.
May
10
Dec,
Jan
14%
Apr
5%
200
Jan
5%
Sep
5%
■
•
56.
y.
>
10
Sep
45-
.
2%
.1
1
77
.300
„
•
:4%>v
4(4'
4% •>.,;;4O0
.July
63
Nov,
32
56
.100
.1
>
.6%
,.'!;,'' 600
.100
*
123
115%:Jan
.100.
Jan
1% Jan
49
Nov.
s
1%
Jan
4
,
s
Jun
5% July
Volume
THE
Number 4243
159
CpMMERCIAL & FINANCIAL CHRONICLE
31
NEW YORK CURB EXCHANGE
4
STOCKS
Curb
York
New
'■
Ended
Week
Week's
Range
Last
Klein
Knott
Corp common
Kobacker
Inc__
Stores
Kress
Brewing
OH
Co
Sep
Navarro
16
Oct
Nebraska Power 7%
9%
Apr
12
Oct
ft
—
—
103
4Va Jan
10
Feb
100
7%
7%
140
102% 104 A
Co
100
10
10
July
■'
85
Nestle Le Mur Co
Jan
8%
>
Range Since January 1
Hiah
Low
25%
100
12%
-
New
England Tel & Tel
Haven
New
Clock
.
'
Co.,
6
6%
500
6
3%
3%
3%
25
47 Va
46%
48%
750
25%
105% 106%
50
87%
12%
Lakey Foundry & Machine
Lamson Corp of Delaware
Lane Bryant 77c preferred
—l-A A,
2%
Lane Wells Co
.—1
—1
—5
6%
300
6%
common—_•
26%
Jan
39%
Jun
N
Y
Auction
12%
3,200
8Va
Jan
•14%
Apr
N
Y
& Honduras
•
1,800
2%
A
ZVa Dec
10O
4
Feb
)'9ft? A
•"
«
A.
6%
300
9%
Class
B
Convertible
Oil
Leonard
preferred™
Development
Le Tourneau
%... 28 V2
28
11%
Va
3,100
27%
200
"27
27
10
N Y
Jun
Material Co
Lit
Brothers
Loblaw
Class
Jan
800
7V2
Jan
12%
L
:.lfo
lj'%
Dec
13
17%
Jan
241/4
Oct
10
V 8
8'/a
1%
Lone Star Gas Corp new common
Louisiana Power & Light $6
Lynch
Corp
common
Y
0
1st
Service
7 Vs
Class
110
A
preferred
International
Marconi
munication
Ltd
Co
preferred
Jan
52%
Oct
Jan
9 Va
5Va
3,900
•A
110
70
10?.
18%
150
110
Jan
$6
Warrants
29% May
Jan
6
2
American
ft
Central
——•
—"
•
'
•
2%
Jun
Northern States Power
6%
Sep
Novadel-Agene
Jan
90
V.V-:' ^
*.
—-—-100
200
e%: v
j"
8% *
ft
7%;
2%
3 Ve
V, 8%
40
Jan
v
3%
900
10
—-1
A.v t c_l
-1
:—5
—
common
Corp $2 conv
Ohio
A 50
8% Jun
X1501/2
1,000
Brass Co
Ohio
Edison
Ohio
47/a May
13% May
{ftftft
41/2
6%
5;
2,100
%
200
a
50
102 V.
Jan
8%
t
$3
5
:ft
.
'
4,700
27%
104%
2,400
5
4%
Apr
9% July
% Jan
3,000
98% 103
27%
3%
1% May
Jun
Jan
ft
Jan
</
a
4%
% May
52% Jan
1,175
103 a
Dec
34
34
July
July
53
Mar
28'%
22%
27%
100
23 %
Jan
51 %
Feb
%
Feb
1%
4
27%
500
Feb
6
10
83
Dec
83
Dec
40
82
Jan
104
Aug
112
Nov
—
'
.
83
83
/
.
102% 103
Jan
A
102V4 Mar
•"7%
7%
~7%
4,100
22%
100
*
4Va
Jan
16%
.
Jan
57/e
;
9%
3%
*
preferred
100
1st pfd
3%
17%
8% May
27 Va
May
5%
Jun
2%
Jan
350
17%
Jan
91
Jan
110%
Dec
106% Jan
115 Va
Jun
107
Jan
118
Oct
112
July
18%,
108% 109
113%
113% 113%
115
100
1st preferred
1,100
4
17%
109
30
,20
115
30
.100
common
5
5Va.
15
common
preferred
18%
19
53%
113
•
300
5%
18 Va
50
5Va Dec
16% Aug
1,300
50
48
15%
X10
2 Va
1%
2%
16,800
10 Ve
9%
10 Ve
5,700
Overseas
Apr
55% July
Feb
117
1%
Securities
Apr
Can
5 % 7o
1st
;~8 Ift 8;ft
800
:p2Va £2%
Pacific
2 Va
Dec
lO'/a
Dec
$1.30 1st preferred
Page-Hersey Tubes common
97/g
Feb
Public
21
Jun
108
■ft
108
'"L-
18
•
Patchogue
Peninsular
Mar
ft
8
ft
/
—-
'
8%
11,500
Oct
99
Nov
5% Sep
15%
/
Feb
19 Vi
Jan
86
.
17
16%
Sep
6'/a
Apr
Jan
26%
Nov
34
'
—
$2.80 series preferred
4%
.
65%
36
Oct
32Va
Apr
4,200
65%
3%
25
-:.ft 5%
Jan
44
Jan ft
27 Va
Jan
^^,'ft
ft-;
%
,
' 'v
.
%
900
12
'ft,. %• Jan
68
A
•
1
9V4
—*
17 Va
common..—....1
Society A
1
3%
Corp—.——
Pictures
Monroe Loan
Montana
—*
*
Ward A
Montreal Light Heat
1%
8%;
.
9V4
16 Va
4,400
Xl4%
4,600
t%
1%
v
1,350
3%
1%
300
•
& Power..
169 a
169
16
17
172:'-,
1:117
•"••• V
.
Mountain City Copper
10
5%
Producers—>
States
Power
common
*
2'/a
—*
..100
Mfg Co
Muskegon Piston Ring—
6%
Co
75
20'/a
common
preferred
5%
•
Jan
700
6
-jVVa Jan
13 V4
X129
13
xl29
,
13
14
"5%
"5%
.v
-
10
Jan
112 Va
100
Jan
9
Jan
10 Va
231/4
»
Nov a;
Sugar Prop
Pepperell
Corp
Hess common...,
.1
'National
$3
Lines common.™___50c
convertible
preferred™..4.—50
National Fuel Gas„
National
—*
1 Va
1%
3,800"
;
33'/4 July
"2%
6%
20
Mar
Packing
Phoenix
Light"
$6 pfd
25
35
13
llVt
13 %
50
48 Va
50
Apr
Pierce
Pioneer
I32V2
Nov
15V4
Jun
14»/2 Mar
69% Mar
National
Steel
National
Sugar, Refining
National Tea
Ltd
Car
5Va%
preferred
Xl 1%
12
1,700
10%
250
Governor
Gold
National Transit.
6,500
81/2
National
Tunnel
National
Union
87Va
11
&
For footnotes
see
page 33.
11%
3%
32
32
50
3
July
Jan
69
Jan
125
July
Sep
104
21%
Jan
7 Va
7%
200
4
Jan
9 Va
9%
600
5
Jan
23%
22 5/«
24
12%
11%
12%
lis
1%
ljT
4,100
Pitney-Bowes
1 Va
7
7
7%
1,000
6
Pitts
Bess
E
Jan
38
nil
Ltd—
Postag0
& L
Jan
31% Feb
common.——
•
Meter.;
.
4% Jan
5,100
8%
Jan
300
Hio
RR
;
-,
>A
V
34%
7%
Sep
Oct
9% July
8Va
Jan
Jan
July
34
9Va Jun
July
13% Jun
30
2%
Sep
7% Jun
42'/a
Jun
Pittsburgh & Lake Erie...
—50
55
53
55%
700
47%
Jan
65 Va July
Pittsburgh Metallurgical—,
Pittsburgh Plate Glass..
Pleasant Valley Wine Co.
Plough Inc common..—.
—10
11
10%
11
450
10 Va
Jan
14%
—25
94%
93%
94%
1,300
84%
Jan
98
1
3%
3%
,100
2%
.7,50
13%
13%
100
8%
—10
"1% ~2%
14,500
15%
2
20
Scale
common.
Sep
Powdrell
Jun
Power Corp of Canada..
&
Alexander
28%
Nov
Pratt & Lambert
35
Nov
Premier
40
Sep
Prentice-Hall
I.31/4
.
1V4
2%
•
Jan
54
12
4%
July
Apr
Sep
Pressed
Metals
Producers
Jan
102
July
Corp
of
America
25
26
41
41
/
Jun
14%
Nov
Jan
3% Feb
15
Sep
2% Nov
11
Dec
4%
Jar*
7
Apr
5
Dec
x9
Jun
—
—1
—1
150
Jan
30% July
w
10
5%
100
ft
%
Va Jan
7 %
100
5%
-;A
Jan
34
3% Jan
4,400
7%
a,
7%
lft Sep
43
Aug
7% July
•/^ Jan
VaMay
Mar
8% July
Jun
8% Mar
4
7
Public Service of Colorado—
121/4 Nov
21
Jan
81/4
Apr
11
Jan
13%
Apr
Nov
2%
Feb
Puget Sound Pulp & Timber
Pyle-National Co common
Jan
4%
Apr
Pyrene Manufacturing
Dec
6 7c
1st preferred
.100
May
17o
1st preferred
.100
May
19
2,300
^
—
Jan
%
4,300
nil
of Nevada
Gas..
Nov
'
1%
11
100
Prosperity Co class B.
9Va
1,300
10%
ft
Oct
Jan
Jan
Dec
Dec
12
1,300
11; -
5
_•
25%
13 *
3Va
.
Jun
4%
12% Mar
2%
common
Jan
1%
'
Co
Inc
Jan
400
5
„_
;
Gold Mining.
6%
11 Va
11%
-25c
...
Sugar common.——
3Va
1,000
%
Apr
7
19 Va
20
1%
Jun
•
200
10
•
32
IIIi
300
._*
__30c
Mines
Radio
200
—25
10%
11%.
10%, 11
12.50
Dec
•
"0%
pfd
Mines
Nov
44%/Feb
•
_*
«
125
Co..
Mar
May
-...
2% Mar
*
123
IIIi
common.,
Securities
Providence
National Power &
125
common
Phila Electric Power 5%
Aug
10%
v
"is
12
...
Pharis Tire & Rubber
Jan
,16.
Jan,
.I'-fft Jan
y.-
1%
Mfg & Stores common—...*••
National Refining common
National Rubber Machinery—
—
Polaris Mining Co.
Candy Co
City
*
% Jun
%
2%
•
450
65%
Sep
Sep
July
100
173
51%
'•
64%
*,
A Jan
150
Apr
Ai'.'i/-'
105
Pneumatic
common...^——•
' __,ft..;ftA...ft__25
—-a,—.—_•{
7 7cpreferred
11100
Philadelphia Co
Jan
57
National Breweries
National
150
Jan
>
74% Jan
60
90
159% 159%
65%
Co
Sep
Dec
4'/a
y 200
*
—
Mfg
76
360
.2.50
Perfect Circle Co
Potrero
Nachman
87%
rl59%
98
,„20
common
Co...
Jun
N
National Bellas
—50
;
Nov
•'
'lV2 Jan
4,300
*
100
Mountain States Tel & Tel
Muskogee
~l7s
Co
Phillips
l'/a
Mountain
Murray Ohio
29
l'/a
.1% May
94
•
Mfg
Traffic
Jun
—
common...—5c
Mountain
.ft
29
•
Moody Investors partic pfd
Mtge Bank of Col Am shs_._
98
Water & Power Co
180
"
..
Salt
Penn
8
Nov
—•
preferred
Penn
Penn
Apr
I51/4
$6
Light $7 preferred
Penn
Jan
163:
60
-
Power &
July
4
1% Mar /
300
■
Dec
Penn
2IV4 May
Nov
Jan.
5%
•••;
Nov
13
Jan
17 Va
3 'A;
•
..
8%
131/4
Jan
Jan
■
—.10
Utilities
Dakota
Montgomery
5.V2
/>&::•
4%
2.50
;
-
ft' 1'A
:
AAi
•Aug
Sep
; Nov
nft 41
'
;,
•
com
37
Jan
30% Nov
4%
65%
•
Penn Gas & Elec class A
Jan
28%
•
4%
19% July
Aug
28
A.'.
300
25
1
9% Jan
200
17
33%
•
•
common.,
Pennsylvania Edison Co $5 series pfd_*
Dec
'*
Oct
6
14
;
__
Aug
July
9%
,3% Jan
•
-ft
110
Jan
72%
60
82
—
1
*
Mills
Pennroad Corp common
2'/a Sep
59V4 Mar
112
Plymouth
Telephone
preferred A
$1.40
2'% July
10Q% Jan
3%
100
18
81
8%
Jan
73
•
Sep
Jan
102%
10
'—-A''.
—
.
.___l
Parkersburg Rig & Reel
98
14%
36% July
33'A July
28'A Jan
'
Apr
Jun
Jan
Jan
31
.800
•
—10
Jun
19
Apr-
108
•
Corp
Apr
Nov
1'
•
Co
/ 87/a
i
90'
350
53/.!-
*
*
-2%
Jan
35
-f
July
35 '/4
Jan"
5
34%
-
.100
Service
Motors
1
•mm
35
Pantepec Oil of Venezuela Am shs
A •
,
,'49/
:
51%
Feb
Jun
7%
Jan
'
Pacific Lighting $5 preferred
Pacific Power & Light 7% pfd
1% Jan
500
8
8
87/a
•
23
Dec
Dec
6%
14'
Mississippi River Power 6% pfd——100
Missouri Public Service common.—•
Monarch Machine Tool—
May
Jun
3%
;
25
91/2
1% Jan
1—10
1st pfd
preferred
6% July
-
Jan)'
22.
525
26%
.
•
common
•/•
Jan
15%
23%
Co
Pacific Gas & Elec 6%
Parker Pen
50
1
; a
...
;
Jan
8,.., -Mar
7
3% Jan
—_1
F
1% May
7% Mar
,
Sep
,4%
•a
—
Jud Voehringer common
Oct
19%
Jan
10
53%
113
22% May
:
•
Omar Inc
Sep
6%
;
4% Mar
■xSVi Jan
..
Mining & Mfg
7% pfd_—100
Monogram
Jun
103'A Mar
•
common
111% July
% Mar
Jan
5%
6,10C
.
Minnesota Pwr & Light
Molybdenum
Apr
Jun
40
Jan
'
V 100
5%
8,
5%
~9 Ve
.II—1
;
Mining Corp of Canada
Mock
Oct
127/a
1
Nov
37/a July
Jan
,150
A/a
A%
/a
•
Supply
Refineries
Minnesota
800
%
Nov
2i/a
-
Jan
Apr
1,500
3A
A.
Apr
II2V2
Jan
10
26V4
—
B
$5% conv prior preferred
1% May
Mar
2fjt.
%
8%
Jan
f%
101
102
A
(.A
ft/a Jan
*
Co
&
4%
A
1.4
class
Oklahoma Natural Gas
Oct
'
Piping
lft
4%
22%
Public Service 17o
6%
Jun
52
a--
common.—
Abrasive—.———
Mid-West
1%
4%
A" %
103
—25 " "
class A—
preferred
Oilstocks Ltd
Sep
,;y
preferred—*
$2 non-cum dividend shares
Midwest
8
pfd.100 V^103
Ogden Corp common
Apr;
Paramount
Oil
8% Jan
8,400
5
Oliver United Filters B
ft 5%
6 Va
:—2.50
*
Midland Steel Products—
Midwest
10%
6% May
Jan
'
—
—
Co
10%
Corp
Ohio Power 4V2%
V
A 100
{ft 40 -ft
Dec
61/2 May
; 2
1,600
140 A 141;A;
ft:. 3 V4'
ft
—
Class B v t c
Mid-West
10 %
iV Feb
14 May
Jan
Jun
25'/a
Jan
1
500
9 A
-
I V4
100
-
Middle States Petroleum class
Midvale
Jan
3%
100
Jan
4%
4%A
.
3%
.———
Corp
42
V 1/128 Jan
tV Sep
700
5%
Dec
Jan
91
50
Jan
;;%{<;;/%'
c—_—lfV
Micromatic Hone Corp_•
West
Oil
Co
1%
Jan
Michigan Steel Tube
Michigan Sugar Co—-—
Midland Oil
100
4%
54
•
preferred..
Pacific
Middle
Texas
2%
IF
t
& Scott™-™
Preferred
5%
50
100
■v
57(:
1
——25c
Participating preferred
—±—15
Metropolitan Edison $6 preferred
•
Michigan Bumper Corp
—
1
.
3,200
•
Utility Securities
4,500
5%
-*
Corp
10
1/64
Sep
3% Jun
83% July
76 Va July
Jun
—
Textile
May
70 Va
:
Mar
A preferred
Va, Ve
73%
•
class A
prior preferred
17c
4
Messabi Iron Co
Metal
73%
1/64
•
preferred
North American Rayon
Class B common
Aug
T 35
ft/'A"ft
.
73%
1
Mines
Electric
Nor Indiana Public Service 6%
Stores common———J•
Chapman
23
111%
•
July
•'f 975
9%
2%
Jan
Co—
-V•;
Merritt
July
1% Jan
575
1
North Amer Light & Power common
20;
1%
Memphis Natural Gas common——5
Mercantile
83 /
5
Noma
55
105
Nov
100
Nipissing
Jan
Jan
McWilliams Dredging—
V.
80%
5
Apr
Jan
Nov
Feb
Jan
16,700
fs
Apr
Jan
{t7«
lr
Massey Harris common—————
McCord Radiator & Mfg B
—-*
&
3
1/64
100
.*2
Aug
61/2
5%
Steam Shovel—™*i
Johnson
2%
2%
*
2 J Va
13% July
113
Jan
1
2&
Mass Utilities Association v
Mead
83
Nineteen Hundred Corp B
Co™—.—•
Margay Oil Corp.:
Marion
common
Niles-Bement-Pond
525
24% May
Jan
36%
680
Oct
21/2 May
Marine; Com¬
A
Consolidated Mfg
Mapes
4% May
8% May
Jan
xll
600
70%
Jun
•
•
(The B) Co
13%
67
18%
6%
———1
Stores
convertible
Feb
102 Va
12%
16%
;ClVy\:-A
$5
July
68% Mar
Feb
95%
40
12%
Oct
3,300
27 ' A 27
VA
102%
70
Jan
Jan
M
Manischewitz
4
31
10% Mar
pfd.100
5% 2d preferred
A optional warrants
Class B optional warrants
Niagara Share class B common
North Penn RR
Mangel
Dec
Jan
18
50
100
$5.10
pfd
1%
11,100
51
48% ft50%
67/a
7 Va
49 %
300
100
10
1
6%
preferred
Northern
optional warrants———
102
12%
8%
.
Jun
% Jan
102
•
shares—
Water
North
Manati Sugar
11%
50
1%
A
1%
49
•
5
pfd
22
11%
18%
Long Island Lighting common——*
7% preferred class A
100
6% preferred class B
———100
Louisiana Land & Exploration
—1
Jun
1
2%
300
ft
15%
Oct
'9
217/a
53
preferred—100
Class
Nov
15%
5
110%
28
21%
preferred
5%>
Jun
11%
—*
A
—
Nov
Shipbuilding Corp—
Niagara Hudson Power
% May
32% July
•tV Jan
Light 7%
N
10 '/a
"l% ' l Va
-—•
common
Groceterias
Steel Chain
Locke
•
200
III10
N Y State Electric & Gas
10 A
•_—:
1,700
2%
v
—10
Dec
11%
10
Lipton (Thos J) Inc 6% preferred—25
Corp
Jan
2% Jan
Rosario
Nov
2
t-
Line
Lionel
common
Merchandise
Founders
5'% Mar
28 Va
Feb
24%
Co
N Y Power &
Jun
21
Feb
12 Va
100
%
1
Inc
Y
(% Mar
8,
(R G)
Y
N
Jan
2%
—1
*
:—-25
7
5'/a May
53% July
18
Sep
Jan
Nov
19.1/2 May
-•
—
common—
N
Mar
41/4
$6
Langendorf United Bakeries class A—*
Lefcourt Realty
Apr
6
105
1% Nov
A 300
2'A:
.
2%
,.'J'
.
58%
2%
City Omnibus warrants
•A
ft
■I57%
58%
1
IIII*
790
A;. 2
./
Jan
4% Jan
....*•
38%
.100
11% May
Jan
1
.9% Jan
III 25
Land
common
35%
:/
Dec
1%
13% Jan
11%
Q;
A
*
Jun
3% Jan
«
Mexico & Arizona
New Process Co
.100
6
400
..100
New Jersey Zinc
(N J)
Lake Shore Mines Ltd.
Nov
4%
New Idea Inc common
RR
86
Nov
New
Lackawanna
Sep
Nov
4%
•
4.
Dec
114
1
"II*'
IIlOO
28'/a
Feb
86
.
preferred
High
Jan
104%
.
class A
preferred.
$2
Shares
'
*
England Power Associates
6%
Sep
,14% May
■
4%
1,500
...5
New
1?% Mar
8Va
7%
8 Va
Dec
for Week
25%
-
,
_•
Corp..—
Neptune Meter class A
'
69
.100
Nelson
Feb
105
—•»;
(Herman)
Sales
Range
of Prices
Low
preferred
Nehi Corp 1st pfd—.—..
9Va July
Jan
92;
— .{ft
1
-
%
Week's
Last
Sale Price
31
Far
Apr
f"
special preferred
(S R)
Kreuger
Friday
Exchange
Dec.
High
Jan
*
.
1st preferred--
convertible
Curb
Ended
;»/a
Kresge Dept Stores—
4%
York
Week
13 Va
100
-
preferred-..
Koppers Co 6%
New
f Low
High
Low
'ft
Range Since January 1
*
-10
1
Co common
Rubber Co
(I B)
ft ft
1
G M Co Ltd
(D Emil)
Kleinert
Shares '
r.
Sale Price
'
31
Par
Klrkland Lake
for Week
of Prices
Friday
Exchange
Dec,
STOCKS
Sales»
Apr
104
114% 114%
10
10% 10%
109
•
109
Dec
Apr
115
Nov
Puget Sound Power & Light—
Common
...
5
..10
107/s
8% Nov
94 %
150
92% Nov
12%
.210
11,300
94
...
$5 prior preferred
12 %
100
12 Va
120
Sep
Aug
13%
Apr
15
Jun
9 VaMay
.
THE COMMERCIAL & FINANCIAL
Last
81
Dec.
Ended
Week
York
Week
Low
High
Low
New
Range Since January 1
for Week
Range
1
Par
Monday, January 3, 1944
STOCKS
Sales
Scares
of Prices
Bale Price
Exchange
Curb
Week's
Friday
STOCKS
York
New
CHRONICLE
Curb
Ended
Friday
Par
High
Stinnes
(Hugo)
Corp
Stroock
Quaker Oats common—
preferred
Power Co
6%
Quebec
.100
r.
71
150
70
Jan
92
Mar
152
10
146
Feb
July
156
,13
Feb
July
701/?
70 Va
152
—
13
(S)
Sullivan
Sun
Range Since January 1
High
Low
High
Co
%
Jan
50c
11%
Sep
12%
Jan
21%
Jun
13%
Jan
20%
Jun
*
;
Machinery
16%
•
Ray Drug Co
Sunray Oil 5%%
Low
Shares
8
Stokely, Foods Inc common..—
...•
for Week
of Prices
Sale Price
31.,
Sales
Week's.
Range
Last
Exchange
Dec.
17%
800
1
conv
12%
12%
100
50
preferred
superior Port Cement class B bom.
Swan Finch Oil Corp—
52%
52%
100
1% July
11%
7%- Jan
43
13%
12% Mar
15
8% Mar
Oct
52%
Jan
•
Sep
Oct
15
Sep
*0% July
R
1%
Railway St Light Securities
—10
1
10
Raymond Concrete Pile common—*
$3 convertible preferred
——*
Raytheon Manufacturing common—50c
Red Bank Oil Co—
1
Voting
common
15%
15%
11%
13%
2%
23 y4
23 %
1.0 %
li
850
3%
7,500
10%
800
1
1
1,000
"
,
3%
13%
10%
% NOV
.
2,100
1%
A
1%
Dec
Nov
4y4 July
Jan
30
-
Jan
1,400
Apr
5% May
Dec
A
.
Oct
29 Va July
Jan
105 y8105%
Ya
Apr
2%
2%
2%'
5'/a
5
5J/a
Jan
108
17
Apr
100
Jan
12
Nov
Jan
4
Mar
2%
1,700
85
83%
18% July
.49%
Feb
85
16 y4
Nov
22
3%
~3%
650
:■■■ 18
is
<-
/125
,r
Jan
8
3%—»
5%
iy4
& Haynes common
Dec
5 % Mar
Jan
6(4 Mar
A Jan
800
2y4 May
2,200-'
1%
Apr,
Nov
3%
5%;^t."-20a;,
.
Dec
2%
3 '/a
13'~
5% July
Jan
Jan
16
18
Taggart Corp
Power &
Light 7%
pfd
Tilo
Shovel
Co
Allied
•
Exports
6%
Mar
6%
6%
100
3%
1,150
17%
4,%
July
Jan
■
100
6%
1
Iff
r
Dec
7
Jan
6%
«
'
.""3%
v.,
1,100
-i
-r-
4
%
43
Jun
115%
Jan
20%
"l
•
-
5%
26% July
15% July
Jan
19%
22%
8%
Jan
2%
Jan
62
Apr
Sep
Jun
July
■
Feb
5% Jun
Jan
11% Aug
1%
1,50C
2%
6%
_•
Tobacco Security Trust Co
4%
102
~6%
1
1
Stocks
Product
Tobacco
17% Mar
2,900
5
Roofing Inc—
Realty & Construction...
&
700
12%
4%
2
—
common
Tishman
Tobacco
23%
12
..100
Texon Oil & Land Co
Thew
3% Mar
23
12%
•
Technicolor Inc common—...
Texas
500
23%
1
common—
Tampa Electric Co tommon..
Nov
3
Jan
67
Ltd—
'
Amer
dep
Amer
Nov
Jan
7%
2%
100
10%
10%
91%
13
Aeronautical Co—
—
Consolidated Petroleum—
Ryerson
2%
7 ;
2%:
2%
%
—2%
,
10Va Jan
11%
3%
——
—
Ave
Jan
10%
2%
'
Typewriter—
21 Va
Mar
14% July
Jan
.
Dec
Mar
51
Jan
%
3%
—*
Rome Cable Corp common———5
Roosevelt Field Inc..
—5
Root Petroleum Co.
..
—-1
$1.20 convertible preferred
—20
Royalite Oil Co Ltd.
19
100
Pendleton Inc
Russeks Fifth
38%
Jan
2%
1,900 •'
10%
100
6% pfd D
7/a Mar
Jan
Dec
13 >%
9,000
2%
Jun
14% July
46% Nov
:
*
& Engineering——-5
Aviation
1
Rice Stix Dry Goods—
-—
Richfield Oil Corp. warrants———
Richmond Radiator
1
Rio Grande Valley Gas Co v t C——1
Ryan
15%
2%
Roller Bit Co—
Rochester Gas & Elec
2%
Jan
7% Jan
500
13%
Reliance Electric
Ryan
225
%
Republic
Roeser &
A
33,000
12%
38%
Rath Packing Co. common
Royal
1%
12 %
Investment A
Railway & Utility
Reed
1%
12%
Radio-Keith-Orpheum option warrants.
dep
Todd
rets ord regis
def reg—
recs
Edison
6%
Corp.—
Transwestern Oil Co
Tri-Continental
Tubize Rayon
'
■
-
4
Mar
107
Mar
116
A
Jan
1
Feb
1%
Jan
4%
Dec
6%- Jan
20%
Dec
V
•
■
■■
■
•
4
u
'
-i-
2,300
20%
3,300
%
20%
4%
17%
%
Va
500
%
—...1•
.''
■
17%
5,600
3 7/a
4Va
1,500
1%
10%
10%
10%
200
6%
Jan
2%
Oct
9
Jan
*
preferred..
16%
4 Va
—1
convertible
17%
,1
Nov
1% July
7% July
14% Dec
'
Jun
109%
Jan
a7a
;
,.1
Corp common
Tung-Sol Lamp Works—;—
80c
102
—-
10
:
—
20
•
_^_._
—
warrants
Inc
•Trunz
1
1
53
1
100
....
May
150
106% 106 y4
—100
;
Tonopah Mining of Nevada—
Trans Lux
>-
59%
58%
•
preferred
preferred.
7%
"
•
Shipyards Corp../
Toledo
'
■
Dec
17%
Dec
5% May
Oct
11%
U
Class
$2
A
—-—5
7$ preferred
...>
100
Salt Dome Oil Co————1
St
Regis
United Corp common———1
Samson
Mills
Sanford
Co
146
9
9%
2%
1,100
Jan
3% May
2%
2%
400
1 %
Jan
3% May
4%
4
4%
7,700
Dec
4%
5 %
5%
5%
2%
5
Jan
7% July
31%
25
31%
14"
Lace
Scranton
%
27"
25
25
68%
70%
Jan
36
Jan
3% July
16% July
Jan
55
Jan
32
Jan
common
44
Apr
Steel
Scullin
Co
.
39
Bros Inc——
Lock & Hardware
1
Seiberllng Rubber common————.*
Selby Shoe Co.——;
—*
Selected Industries Inc common
—1
Convertible stock———
—5
Segal
prior stock.—.—...—I—-25
Allotment certificates————
$5.50
1
6%
20C
1
Jan
x3%
46
100
—.——•
Shattuck Denn Mining—.—
5
Shawinigm Water & Power
•
Sherwin- Williams common
25
5% cum pfd series AAA—
100
Silex
Co
7
4%
700
17
200
1%
1 %
%
7
6%
%
67%
67%
100
.
Jun
1% May
May
10%
73
% May
Jan
8% July
2 %
Jan
4
7%
100
2%
3.000
12%
12%
400
11%
Dec
91 %
92
200
83
Jan
100
Apr
119 Va
115%
115
Jun
5
7%
2%
2%
111%
20
12%'
-
12%
'100
Jun
July
13% July
Dec
$3
...•
preferred—
convertible
Oct
15
U
S
1
'28
175%
Nov
Jan
241
2%
2%
2%
3 Va
3%
3%
2%
2%
U S
Graphite
4%
2%
43
43
400
-
1,300
,
5
Mar
Dec
U S
U
Wall
United
14 May
•
80
Feb
93
July
3 % Mar
Feb
250
400
%
A
67
69
44%
44
44%
260
Feb
6%
Jan
73%
42%
130
Sep
47
700
10
Edison—
5% original preferred
25
6% preferred B—**—
—.—25
5 % % preferred series C
.25
Southern Colorado Power class A—-25
Southern
Pipe Line
Pa
5
5%
3,800
»2%
Jan
9%
600
7%
Jan
•
%
Va
Jan
1
2%
2%
2%
1%
400
I"*
300
2%
.
1,100
1%
2,200
—
*
50c
A
7S
2
Paper
2%
2%
•
8% July
11
Southern
Phosphate
Southern
Pipe
Southland
Co.!
—
Spalding (AG)
1st preferred
;
Co
Standard
1
it Bros—
,
Spanish & General Corp—
Amer dep rets crd bearer
Amer dep rets ord regis
Spencer Shoe Corp..
Stahl-Meyer
10
.—10
.5
Line.,
Royalty
Jun
1%
Jan
3%
Jun
1 %
Dec
2%
Feb
% Aug
1A Jan
Jan
3
Apr
Dec
1%
13
Apr
4%
Feb
7% Jun
1
Feb
2% May
15
Jan
B——.
8
——
preferred..—*
Products
1
—
17%
350
16%
18
18%
3,500
100
20
20
20
2%
2%
49%
52%
2,025
3%
3%
1%
July
19%
Nov
14%
Jan
21
Feb
3
May
68% July
100
1%
22
Aug
15% Aug
16
700
52%
3%
300
5
Sugar.
Radio
16%
——1
common,
Utility Equities common..—.
$5.50 priority stock
,_10c
1
-
2
42%
Sep
%
,
2% May
Jan
76>.*fij
Jan
..!a(W4inI
Jun
■■I'DA
%iA
42%
50
40
Jan
44%
Sep
31%
900
29%
Nov
33
Aug
29%
29%
400
28%
Feb
1%
1%
200
%
Jan
2
May
63
Aug
72
Nov
115
Mar
129
9%
1,100
6%
Jan
6%
6%
6%
3,000
1%
Jan
_
-
•
40
1
Apr
Dec
Jun
% May
500
Va
Jan
4
300
2%
Jan
5% July
100
%
Jan
2%
Jan
Jan
"
class B
:
.
■
Co
1,200
%
6%
1,600
2%
150
12 V8
Jan
100
1%
Jan
/: %
.5%.
fit
2
.
_
17%
1,100
100
13
Jan
12 %
Jan
Jan
110
1
a'a
2,500
•
1
Sep
May
.1
6% May
preferred
.♦
—
3
B)
Co
For footnotes
common
-see
page 33.
...•
10
July
Sep
5
5%
July
100
9
Jan
300
2%
Jan
9%
8%
9%
1,000
■
x9
10
400
"5%
538
1
8%
7%
8%
Oct
Western
Air Lines Inc..>
Sep
Western
Grocer Co———
A May
4%
Oct
110% Nov
6%
Apr
Jan
11%
July
Apr
18
Dec
Jan
95
' May
4
Jan;
5%
9
—20
Dec
15
Oct
A May
Western
A May
Western Tablet &
Maryland Ry 7 %
lsj;! pfd—100
Stationerjf .com
—L.LJ
i.j.
Weyenberg Shoe Mfg
2% May
River Oil
1%
(R C)
Oct
;
80
; 50
'67
14%
15%
15%
8%
9%
ICO."
13
Feb
5%
•
8%
8%
1,800
100"
2%
300
26
July
Jan
5%
1
9%
19
Jart
21
10
...10
Co—
Willson
Products
Power
Portland
Wolverine
Oct
Woodley
6%
Jan
1%
Jan
12 V8 May
Nov
1 % May
Dec
American
Wright
&
(F W)
Cement
2%
2%
Jan
"
7Va Mar
15%
Sep
May
Sep
9%
Jun ■
9%
,
Oct
9% July
10
1%
Jan
4% Mar
12% July
100
9
Jan
10
108
Jun
3 Va
10
109% 109%
Nov
4%
100
4
Jan
■8% July
10
~7%
~7%-
110
Sep
Nov
-
receipts
8s
!
Preferred
Hargreaves
pfd—100
1
Ltd
deposit
•
1
Light 7%
Petroleum
Wool worth
6%
Heating
Inc
Wisconsin
Sep
10%
&
Oil-O-Matic
Williams
12
4%
;
Corp..,
80
•
..20
Jun
56% Aug
13% Oct
5%
Williams
44
Jan
Jan
800
17%
2Va July
.
Jan
2,100
Jan
27/a
2%
98%
5%
Feb
H Jan
Apr
11%; Jan
•
Utility $6 preferred
Coal & Coke———
7%
35
Feb
A Jan
700
8
A.Feb
54
12
"3%
Va
Inc
0
12
"3%
Texas
Westmoreland
A Jan
iff
West
11% July
Dec
7%
97% Nov
.15% July
100
West
Nov
1%
10% July
Apr
l.OOO
Oct
6%
1,800
Iff
1.25
...
5% Mar
Dec
Feb
8
—
J
18%
114
Jan
14
July
19%
600
"20
Sterling Aluminum Products
IIIIII.l
Sterling Brewers Inc
Sterling Inc
III—III—1
(J
1%
IIII*
—III
IIIII——50
preferred—
2d
Mills
Knitting
Wayne
Wentworth Manufacturing
14
1
—...
Coal
1,400
1st
Co
Westmoreland
1%
5%
Dec
Jan
2%
*
;
Mining
Oct
'%
6%
113
Va
•
Class B—:
Walker
Wichita
common
class A—
Waitt & Bond
64
200
& Co
12
Jan
5%
100
Jan
1%
(A i
July
Jan
86 %
900
7%-
Jan
1%
Sterchi Bros Stores
32
Jan
4%
44
7%
3
A
■"%
trust'etfs—1
240
7%
16%
1
Corp voting
Steel Co of Canada..
18
4,300
,
2%
50
j
Starrett (The)
9%
Wagner Baking voting trust ctfs ext..•
7%
preferred
100
57%
Standard Silver Lead—...
B
.:
1% Nov
Jan
W
7%
"57%
Standard
Tube class
-
•
Aircraft Co
Waco
300
•
Products
iff
18%
6 Va
—,—10
Preferred
—
8
200
27
25%
107% 110
...
'■
2%'.
%
.
(;17%.
(Ky)
(Ohio)—5% pfd—
Standard Power & Light
Manufacturing
9
100
*
%
1,800
Sep
3%
Standard
Standard Oil
Vogt
27
1
Petroleum..
Virginia Public Service 7% pfd.
Dec
2%
1
Venezuelan
1%
1%
1%
1
5
July
6"%
•
'~2-
Stetson
12
Jan
23
preferred
10
Standard Dredging Corp common
1
$1.60 convertible preferred——20
Stein
Nov;
9%
Jan
9%
Convertible
Common
Sep
Valspar Corp common
V $4 convertiole preferred
.
-
6% July
7%
9%.
Brewing Co———2.78
Oil
32
•
Standard Cap it Seal common
Standard
Jun
32
Nov
31 y8
:
..
Oct
4%. Jun
Jan
2
49
19% July
4% July
49 Va
42%
%
Inc
Aug
1% May
80%
% '
preferred
—100
Southern New England Telephone—100
Dec
Sep
July
Jan
60
California
7%
Jun
Jun
10."
4% July
5% July
28%
—
Oct
6% July
Jan
4
4%
5%
5
5%
•
Southwest
Jun
Aug
%
63
2,175
69
4%
Jan
2%
%
775
4% May
Jun
Jan
July
2,700
•
*
Utah-Idaho
Utah
Jun
July
11 May
Consolidated Oil.—.—,—10
Universal
Class
%
123
Jan
9 Va
Reclaiming—.
Rubber
Jan
%
2,400
59% :
57%
u
Jan
6
May
4%
Jan
A
17,700
72
59
78%
Radiator common.
S
115
7,200
76%
Jan
Jan
1,200
%
78%
Jan
Jan
119%
warrants—;—•
1st preferred with
2 %
Nov
-
%
39
1
and International Securities
$5
2
1%
118
24,000
700
Utah Power & Light $7
2%
118%
2%
2
Feb
Pictures
109
37%
2%
29 %
Insurance
Dec
200
800
16
%
Voting trust ctfs.—————.——1
Universal Products Co
•
Jan
1,000
4%
2%
44
A Ma-V
Jan'
Jan
61%
——1
4'.
common
2%
1,200
,
%
10
1% May
Jan
Universal
3
2%
Dec
Jan
21% *Jan
Universal
96
•.'
July
%
17,900
10,300
A
Apr
2% Aug
Jan
'40
231
17
Jan
60
...—.5
common——
Foil Co class B„
S
Universal Cooler class A
21% May
—
231
500
2%
2ya
1
Pattern common
Manufacturing Co
—100
Singer Manufacturing Co Ltd—
Amer dep rets ord legis
;
£1
Sioux City Gas & Elec 7% pfd
.100
Solar Aircraft Co.
1
Solar Manufacturing Co
—1
Sonotone; Corp
:
—
1
Soss Manufacturing common
1
South Coast Corp common—
1
South Penn Gil——.
—25
Singer
1 %
Jun
Simmons-Boardman Publications—
Simplicity
United Specialties
U
Apr
16 Va
10% Mar,
i'n
•
—25
—
United Stores common.—...
12%
1%
Sharing..
Preferred
July
4%
Sep
1%
%
.....—25c
preferred-—i————:
10
Shoe Machinery common
25
United
Jan
■'%
Jan
12-
regis—..———
.100
Profit
72% July
A Jau
14 Va May
Jan
57 Va
N J RR & Canal Co.—
10
3%
rets ord
dep
United
Jan
•'
6%
Dec
July
Ltd—
Co
United
■:X'
!:'
.•
Molasses
Amer
May
17
Jan
5.40C
3
July
•
preferred—
participating
$3
United
52%
.
8%
7%
iV
—*
preferred—
United Milk Products——
Jan
3
■500
1st
$6
July
9%
Jan
*8%
*
—
common———1
$7 preferred non-voting—•
51%
2,650
67%
Dec
1% July
13 Va Mar
4,900
.
7%
67
67
•
-•
common
Jan
6%
Seton Leather common
Sherwin-Williams of Canada—
Feb
%
16 y4
17
1
1
—
29%
4,300
3
———. —
Dec
16% July
:
warrants
70 y4
Jan
.
Sentry Safety Control
Serrick Corp class B—
Corp
.•Option warrants
United Light & Power common A—
Common class B.,
7%
1
7"
*
United
/United Elastic Corp
Nov
500
39
U
...
29%
2%
2%.
General.————1
;
—*
Securities Corp
Seeman
common
United Gas Corp
10%
10
*
common
III
Products.—.
July
'
580
300
cum
1st
Brook Water Service—
preferred—.:—
'
«
common
& participating pfd2—_*
Cigar-Whelan Stores
—10c
$3
2
Dec
'
»
Scranton Spring
$6
Oct
Va
—.
United
Aug
2
Jan
17%
30
Investment
Aircraft
25%
700
Union
Chemicals
Jan
:
Canada
United
%
200
of
United
22 %
2,600
Ges
Oct
12%
100
2
54
26%
54
14
1%
53%
common—
Schulte (D A) common———
Convertible preferred
i
24%
.
Union
3% July
11%
Jan
%.. Jan
100
2%
-2%
:
Dec
Dec
148
Jan
2%
3,800
2
4%
500
2V«
Manufacturing Co.—
Unexcelled
Jan
115
150
148
9%
2%
16% July
Dec
1%
44,600
Ulen
2%
10c
.10
Realization
_2% Sep
„
"
*
—
*
1
25
Scovill Manufacturing——:
25
Scranton Electric $6 preferred—•
Schiff
148
Co———-—.———5
Oil
Savoy
common.
Paper
"4%
4
4%
Apr
12%
'wr.,'"
pref—————50
conv
300 -L 71%
--2%
Corp Ltd—
2%
Corp—.—
Udylite Corp.—
St" Lawrence
Ltd
*
8
"2/f "2%
100
6,600
6%
Jan
10
Jun
5
8
£i
Aug
5
Aug
2
Jan
4
Apr
Volume
THE COMMERCIAL &
Number 4243
159
FINANCIAL CHRONICLE
EXCHANGE
NEW YORK CURB
"'.•'V'
.-.'Vv
Period
I
Last
Interest;
Sale Price Bid ft
.
Sold
Asked,
no.
:
•
; Low
'
1043A
2%s
f debs_
—w————-1950
f debs——1960
s,
3'As
s
1103'A 104
:
105'A
J-J
105
.
1
& Lt deb
Amer Pow
& Lt
Pr
5s_
96
62
Debenture
$126.
A-O
105'A
"5:
3-3
-.1945
Ohio Power 1st. mtge 3'As—
1st mtge '3s—-—
109
Co—^■*/V,
1948.
-4.——1949 ;
■
.
Ohio
80%,
46%
Public
Service
/V A Debenture 5s
Assoc T ft T deb. 5'As A^U
Atlantio
?
6
14%
26
Pacific
93
13%
26
25
S3
13%
26
25
102
127a
26
.24
12
86
5
24
M-S
Avery & Sons <B. P.)—;
•
;
5s without. warrants—-———1947
J-D
14'"
.
26
92%
109'/a
99%
101%
$102
1st
ft Light
Power
lst M
Birmingham Electric 4'As
3'As
•
Canada
Central
Northern
El
111
Power
MS
134
13
Elec
Power
2
76%
F-A
75%
•
'
76'A
J-D
———'-2—-——J—i—1949
(Bait)—
r
1st mtge 3% S—
6%
•
..
V
78%
45%
103 Va
San Joaquin Lt & Pwr 6s
ASchulte Real Estate 6s
105
101
89
84%
155
1st
4'As
Sheridan
53
86
120%
r
lC9'/a 109%
;
105
1057a
122'A
6
121
Counties
102
1
100
94
993/4
99
89
82%
91%
101
$103'A 104
92"%
.
M-N
105%
70
937a
-
87%
.
3-3
5S—V--.A--—-—1954
106 '/a
103
107
51
58
'' 2 :■
:
1
.10474 104'%
lOm
A-O
3%s ift—A——1969
5sL—'—j;—-3953
*101% 102%
973/4
973A
$103
41
.
.
27
98'A
$
j-d
J-D
-99%
95%
MS
98
V
3
:
:
;
103'A 105'/?
"I
103%
43
107
102% 105%
105%
109'A
103
^106% ~
52% ' 75% *
42
107
107
^
107
106%
5
104 % 1047?
;
85
87'A
2,
887a
108%
107%
96'A
2
85
62
87
•
87%
24
64%
87 3A
87%
88 7 a
46
65
887a
887a
88'/e
87'A
88'a
13
65%
89,,:
"
A-0
•
88
F-A
a-0
88
87%
88'A
877a
:
87'A
877a
-
F-a
877a
88
27%
34%
34%: :
J-J
$22%
18
657b
88
39
65%
883A
15
-
64%
88
23%
34%
55
27
.12%
*
32.
deposit—
-1946
stamped—.^j.——
A-0
5s>.
—I960
5s—_.
—1956
& Light
23
J-J
M-N
Service
Electric
23
13%
105% 105%
107% 107%
J-J
2022
A———
series
6s
Water
Twin
102V2?
$116
1
3'As
Edison
F-A
U979
5s—
Power
.1968
J-B
.1949
3-D
United
57-: 100
■■
N
Electric
J
4s_
Light ft Power
106
United
111
Lt & Rys
<■
'■'
66
;
"
86%
•■
■
■
2 '
,
97
—
66
$110
A^~7^
-
-
111
101
3rD
lirJJ
101
$110% 111
85
91
;
108
1037a 1037a
F-A
105% 105%
105
105
MS
$104
M-N
$102 %.103 %■
J-J
93
F-A
93 'A
927a
92Va
A5s
12
23
Water Power 3'As
West
96
109
3
18'A
106
109
,
96%. 104%
;
■
j
114%
117%
8
*
96
112%
.1960
5s_
$107
$108% 109'A
A-0
5s_-A.,---— .2030
Traction
Penn
24%
23%
3-D
3-D
.1964
—
24
47e
$109%. 110
111
;
r.,
1087a
116
P-A
100%. 1007a
83% 83'A
'
116
102%
;
1 *•"
.
3-D
1
-
30%
108% 109 V
V
110%
110%
110
118%
Western
Newspaper Union—
6s unstamped extended to 19596s stamped extended to 1959—.
IA York Rys Co 5s stpd—
P-A
.1937
J-B
11947
—
/AStamped 5s
J-B
$97'A
98
97%
..
98-
/
ii,.-.85%'1007a:
..i;
63%.
98
-84
.*
,q*:rtr75;*iiol00i
•
MP;
38
3
Penn Electric
West
96'A
80
1053A
■v.:,.";:
112% 1127a
MS
.1954
dsbs-
income
Ry & Elec 4s————. .1951:
Wash
103"
80'A
15
109
23
1047a
101
93
$107
107'A
9474
*
93»A
93
M-N
1087a
1047a
105
115% 115'4
M-N
5
11
/
Wash
3-D
V-
108
Waldorf-Astoria Hotel-
102
93
97
110% 1127a
-
A-0
A———.———1952
6s* series
•
A-0
1097b
,
,
111%
102%
109
"2
$100'/a 102
-
*
116»4
9074 103%
,107% 109*74
48
A-O
Utah Power ft.Light Co-~
98 '/a
Debenture 6s series A-—-^—2022
•
97
—i—1959
,106'A
97'/*
United Light ft Railways
78
$65
j—-JU56
108'A 1087a
-
8'As_1952
(Maine)—
(Delaware)
.44
£97 'A
3%s—-1—-:—__1966
-,-3
Co—•
1st lien ft cons 5'As
102'/*
91
108%
5
,
108%
111
12
-
117%
102 »/* 102%
J-J
1952
—-—
City Rapid; Transit 5-%s,
•1027a
.25
105%
100'/*
109 »/4
3-3
1957
Indiana Hydro-Elec; &s—1958
Indiana
Service
5s————...—1950
:i <1 st lien ft ref -5s—1983
Indianapolis P ft L. 3%s—-—-1970
107
72%. 75%
.
MS
c'
—.
.Certificates of
United
$108
3-D
serves
100'/a 104 3A
$103>-105%i
3-D
Tide
.
«*; 93%
•
$101% 102% V
3%——-——1963
5rf
1
104
_
ProductsA—'--i——1945
West 6s—^———-1958
105
90%
6
19
.
F-A
Corp-^
1st. & ref Ss series A—-—1953
rel
105%
105% 105'A
104'A 104%
75%
F-A
-Dec: 1 1960
6s
Texas
Illinois Power & Light
ft
■
6s
Toledo
-
99%
3-3
Hygrade Pood 6s ser. A—-:--—Jan 1949
68 series B_—-_i.j--j.-_——Jan 1949
1st
100 «/8
$10678 1087?
F-a
.
63
98%
103% 103%
1st ft ref 5 Mi s-series. B——
97%
9
$104%
104%
F-A
.1951
——u.,
6s—;
7-4s 2nd
98%
91%
97
101% 10274
-102 y4
MS
5s stpd-j_i.-_—1950"
Houston Lt ft Pwr
70
85%
104
a-0
•
104'/* .107%
101% 103%
..
105
3-D
ft
131
68
"
J-J
Co. 6s ser A--——1948
ft Lignt os—
1978
4s_L-_^U-Vi.s.u----1965
Green Mountain Pow'
127%
'
88
10434 104%
J-J
—1951
gold debentures.———— .1957,
Power & Light 6s——. .1957
.1950;
AStarrett Corp Inc 5s
Stinnes (Hugo) Corp-r7-4s '3d stamped—
——— .1948
i
324%
103
:
V •:::/ 5
58
58
-
J-B
Grand Trunk West 4s——1950
Guantanamo
'.7?99
108% 114
Stinnes. (Hugo).Industries~r
M-S
(Adolf) 41/2s series A-——1941_
Grocery Store
156.
(Calif)—
4s
standard
,
103%
1237a
8
105%
"
93%
>
vGlen -A-lden '.COSP.
•
Gas
Gas, ft Electric—,
Debenture
104%
'
79
.
•"
127
-105% 106
,
70
1027a 102%
,
2
M-N
Debenture
.
,
93'/a
1027a
110
s
:
74
;
88
a-0
.1989
Texas Powei
/
3'As—1970
Gas
6s
99%
79
"V';..2.>
893/s
-
95%
.
12
109V4 110
$128
130
$70 "
M-S
(stamped)————May 1948
Conv 6s stamped—l——May 1948
131%
9974
MS
—"_L i-i—ti-w-—.1961'
Power
3s_—1965
Edison
Indiana Rys
Standard
123%
102
■-
;;;973a' 98%
109%
J-J
5s—
Power
Southwestern Gas ft Elec 3'As—. 1970 V
.2022
Southwestern P ft L 8s——
109
101%
103'A
122
M-N
Pub Serv
Nor
135%
77
.
.
.10974 1127*
,5.
106'/2 103%
$103
A-0
-
Florida Power C0 4s ser C—----i.1960
Great
10
ZD.;
—r:1st-mtge 3s-—1._——^-—---1971-.-
'
•
135'A 138
J-J
Carolina
Southern
101%
117 '
'
'■:
101'/*
85
;
105
AGobel
102% ,1067a
1957
California
$122
Georgia Power
■.'1
Wyoming Coal 6s„—1947
Southern
'
.
92
——1951
D__————
series
California
MS
General Rayon
104% 104%
a-0
r
Southern
MS
'
106%
"M-S
-1952
B_,,
Spalding (A G) deb 5s-
F-A
Power
16
;1970
99%
South
.100% 101'
112
110% 112%
106% 108
108
a-0
99
100%'101
110
1
a-0
98%
•
3
93
97% 101'A
93
—1951
Shawinigan Water, & Pwr 4'As1967
84%
5sJ_--—-1956
General
108
;
m-n
Scullin Steel inc mtge 3s—
-
83%
Empire District El 5s.—1932
'Federal Water Service 5Vas__i——1954
Gatineau
117
105
9
93
J-D
1
3-D
Electrlo
-Florida Pow ft Lt
111
11074 110%
:
j
.
a-0
4
3-D
MS
'
10974
105% 1107e
3-D
certificates————...
32
3-3
A——-1956 J
Power ft Light DsJ—i——2030
stamped
106
19
Jersey—
•
100'A
' '
-
1
-
.
Southern
33/4S-----^——1955 ;
6s-5s
3-D
"
Eastern Gas & Fuel 4s*ser
.;,
perpetual
98'A
3-D
,
-1964
—1949
103
85
-
$117'/a 120
F-A
-
1
i.' 4
111% 111%
,110%-
A*0
MS
Queens Borough Gas ft Electric—
5'As series A——————1952
-
98
101
5s__—-i,-—1944
Cudahy Packing *
1
New
98'A
100%
Continental Gas ft El 5s__J--1958
Finland Residential- Mtge Bank—
Service of
96'A
M-N
2%s ser Q-L———1970
(Bait City)—
Elmira Water-Lt' &-RR
M-N
—1959
Sinking fund deb 4s
Public
r
Cuban Tobacco
;
—_1956
1.
—
97%
J-D
:■
^
AConsolidated Textile 5s stmpd-—1953
:
10674 106%
$100% 101%
»'—-1961
4'As B—
98
'
M-N
mtge 4'As—___——1954
Gen
108'A
Public Service Co of Colorado—
Consolidated Gas
•
39,
107
105
105% 10534
i
J-J
—1950
P
(Can)
98'A
M-S
3'4 s series N
—.1971 :
1st ref mtge 3s ser; P__Ji——1969
1st ref mtge
series
Corp
98'/a
A-O
P ft L 5%sV——1952
El Lt ft Pr
J-J
1017*
100
'
VVl
.
99%
98%
987s
•
Connecticut Lt & Pr 7s 'AJ-A—,—1951
Consol Gas
4%s
'
5s———V-i—-——1958
'5sVi—1969
Service
30%
102%
2
106% 107
106%
.
101% 105%
i
':'V
Co—
5s stamped extended—
Potomac Edison 5s E—
46
100% 100 %
100'A
3-3
deb
5yas
,
37%
36'/e
37'A
5s_——1950
Registered
.i——
&
«-'W — ---—• —
Cities
3-D
.'
.
107%
46
100'/4 100'/4
—*
!v'
38
'105% 105%
__
106% 106'A.
100%
13
M-S
Debenture
85'/a
;
'
.
r
102% 102%
Debenture
M-N
5
103% 103%
38
.V
109
10074 103
M-S
109%
31
37
$104% 105%*:
5s—i
107% 111%
106%
1962
106 3A
1043A
105%
41
'
;
107
363A
,
A-0
Service
Vv-V
M-N
.
'12
110
;.;:i 102.% 102'a
P-A
Safe Harbor Water 4»As——1979
37
A-O
Conv
"
10
,.
-1955
$—u—J&n 1966
B,
110
107
$106% 108
..
..1167a 116'A :
121%
102%
A——-1952
Cities
;;
$106
3-3
Rys 5s ctfs————1927
series
6s
109
..
F-A
116%
102'A
1017a
5.
.
993A100
997s
3-D
1954 ■..
§ A Chicago
102
102
M-n
;
Central States P ft I. 5Vis—-—-1953
Cincinnati St Ry 5'As
107
1972
'*
'5s—-*.—1953
A5 %s.
i
106
105
2
5'As
Power
.103'/a 104
3-D
ACentral States Electric 5s-—-;—-1948
'■
91
104
•
Philadelphia Rapid Transit 6s
180
$104 3/4 109'A.
104
MS
Gas 3%S-:——1964
&
$150
A-0
,
2%s—„V—i——1970
Edison
109
..
J-J
—1970
—
Philadelphia
117'/a
$120'A 121 'A
Q-P
1968
'
54%
•
'
■
114%
16
115
ilf-N
.—1998
—
115
J-D
C;——-u——-A-——1B60
Bickford's Inc 6 '/a s__——-1962
Boston
—1979
a
A
B-----V-------1957
series
5s
series
106
105% 105%
A-O
1955.
5s
5s———
Portland Gas ft Coke
.5s
$104
18.
'
.
Bell Telephone of Cariada-r-
Bethlehem Steel 6s
115'/a 115%
90%
$108% 109%
Pennsylvania Water ft Power 3%s_1964
72%
106 3A
110
$106
High
103 % 108 %
-
90
,
,
F-A
Park. Lexington 1st mtge 3s-_—1964
Penn Central Lt ft Pwr 4'As
1977
85'A
86
M-3
—1955
1964
City Elec 3'As--.
24
25
23
25
F-A
deb^572S——V-.q.V--V3977
AConv
.
-—-—1968
—
,.
90
.
P-A
Aug 1955
23
.
$115%
A-O
-1962
4s_
Oklahoma Nat Gas 33/4s B-
237s
25
25
A-0
A Conv deb 5s—
Low
$104% 105%
'
A-O
—1971
23'/a
MS
3-3
F-A
deb; 4l/2s
a Conv
January *
.
■
v
Oklahoma Power ft Water 5s—1948
{Associated Gas ft Elec
: A Conv' deb: 4 % S——
Range Since
Sold
<'' No,
M-N
—1968..
Bnqds
High
Low
1-
3-3
5%s——1948
Friday's
127'A
146
«
79 y2
109'
124
105'/a 105 3A77'A 80'/s
,105'/a
3-3
or
Sale Price Bid ft Asked
J-J
1954
.—
Ogden Gas 1st 5s__—
100
106%
6
129
^^——.2004
vV-—
5s__
Continental Utility
North
HI
106%
'
88 '/a
'VI.
-1083/s 108'/2
•
Week's Range
Last
Period
31
,,N Y & Westchester Ltg-4s
■
1956
.—;
.107'A
10
•
Dec.
,
1083A
105
5
,
99%
99%
108'/2
Jt d
3-3
47as——- 1953
Associated. Elec
.
J-J
Amer Writing Paper 6s—~—
1961
Appalachian' Elec Pow 37*8--——19701
Appalachian Pow deb 6s
_—-2024
Arkansas
10378
MS
—2016
6s__
106
,
1C8'A 108 »/2
1037s 104 »/2
J- J
.4-1970;'
3%S 8 f decs
Friday
Interest
Exchange
Ended
Week
American Gas & Electric Co.—
j. j
York Curb
New
High
103 3/e
High
Low
.
Range SincV
January!
Bonds
Friday's
or
BONDS
,
Week's Range
Friday
BON D S
Curb Exchange
•Week' Ended Bee, 31
.
York
New
i of
■
International Power Sec— \
C———,-—--*.—3955.
1 1941 coiip)—1955
E—————-1967
-A7s (Aug 1941 coupon)——.—1957
7"A 7s series
P.
-il952
'"M-.A7s (July 1941 coupon)---^—1952
interstate Power- 5s„————1957
Debenture. 6s_—-—1 J_4——3952
3-D
series
A6'/as
A6'As
2274
;
.————
A Italian
196S
6s——
Superpower
25
,
J-J
35
25
4
16%
35%'
23
15
16%
33%
25
F-A
17
23%
223A
(Dec
series
A7s
5
25
19
35%
177a
35
1
.
22 7a-22 74
3-3
90
J-J
60%
: 7
•88%
907a
74
57%
60%
57
28
*
■
J-J
28
747a
:'
Kansas Power ft
Light 3 V$»s:
——1969
M-S
16 %^
107'A 107 V2
1063A.108
MS
$121
122
121
111
-
1
1
3-3
108
$106
•
4s
'-series ' G-—--j—
—-1965
Middle States Petrol 6MiS^—1945
3-D
$.0574.
108
.10674 1C8%
1077a 109%
108'A
104% 105'A
104
21
110'A
Week
F A
MS
99
M-N
M-N
J-J
99%
6
86%
107
110,100'A 101'A1"
112
.10074; 102%
Milwaukee Gas Light
Minnesota
1963
toL—
.45^8—1,-1—1987
P & L 4'/2s__—————1978
; -1st ft.ref.5s
———————.—1955
Mississippi P ft L 5s——„——1957
Mississippi River Pow 1st 5s__i-—1951
;
Nassftu-ft Suffolk
ANational Public
Ltg 5s—'_——1945
Seryice 5s ctfs—1978
New
Conv
New
1948
——
deb
5s—
England Power 3'As—
England Power Assn 5s
Danzig Port ft Waterways-^
AExternal 6%s stamped
A Lima
106'A
'
A
*
AMedellin
New
Orleans
A Income
6s
A Issue
of
Oct
1927—
108
113
<l '"; 'V
98
^
26 3A
'
:
3
$10978 110'A
MS
$118
—
72
—
;
112
114
112'A
71
70
73
—
-1948
A-O
957s
957B
98'A
9774-
98'A
43
.
957a
J-B
$107
28'A
10
62
11074
■
11774
477e
c
50'A
76%
50
"a
(State)
5s:—-1972 '
7s——-—^——-1958
J-D
1964
M-N
1037a
103
1037a
$109,
11074
98'A
1027a 100
109
Sold
No.
Low
52'A
^2'A
527?
16%
17%
$57
;
3
62,
58
$20
"l'
58
35
High
.54'A
46
.'
■17%
m-n
F-A
Range Since
January 1
52
,
547*
14%
44%
23%
64%
42
60
10
20
;$i7%
m-s
m-n
$36
18%
"j-b
20%
36
16
19
377a
36
32
23
18
20%
59.
59
45
60
$328A
j-b
24%
32
$18
r'
16%
40
$33
j-b
•
11%
20
$33
:
m-n
"•
18%
38
34
22%
35%
17
36
/
M-a
-
.35
j-d
4
3%
4Va
79
—1921
j-j
334
3%
4'/a
34
.
38
-.
36
9
2%
2%
9%
9%
sale,
value,
x
ft
Deferred delivery sale, d Ex-Interest,
y $8 liquidating dividend paid.
112
e
Odd-lot ^ale,
n
Under-the-rule sale.
Ex-dividend,
$Priday's bid and asked prices; no sales being transacted during current week.
A Bonds being traded flat.
9674
82'A
—
High
Janeiro, 6728———^—1959
Government 6'As——1919
•No par
rCash
109
767a
28
.8
Bonds
j-j
5 728
78
.99
.
de
ARussian
77'/a
.
"105
1097a
A Parana
ARio
$51
{Reported in receivership.
Abbreviations used above—"cod," certificates of deposit;
1949
'3
1147a
112
6
72
70'A
127a
107
120
70'/a
1027b
Low
A-0
;
Mortgage Bank: of Denmark
V*
Public Service—
N Y State Elec & GaS '33As
—1951
Mortgage Bank of Bogota 73—1947
A Issue of May 1927———
AMortgage Bank ,of Chile 6s—w—-1931,V
M-N
series A——Nov
•
109
73
1954
6v2s stamped_1958
stamped™—.
7s
>
■
J-J
1077a
M-N
—
1952
1053A
26'/a
fI v.r 70
;
Maranho '•; 7s—_—————1958 •;' /■
1
Debenture 5V2s
City (Peru)
■
103
—1961
;
109
*103
—..1955
——w-;—1953,:
$5.
$ioo74 ioi'A
F-A
J-B
r,.
5s—_
$$io7a"ii2%;-."-":^i:
.F-A
M-S
64
105'A
tf-
vfti
49
—
5'As-
Extended'
—
J-D
——1948
105" "105%
-1950
—
Week's Range
or Friday's
Last
Sale Price Bid ft Asked
-
a-0
J-J
i0774:i;b73/4i^oij5jV"/4
105
M-N
J-J
5s—l——1948
ft El Assn 5s-l-^_—1947
:
61'A 7631
72
1057a 106'/4'' 42'
.
J-D
J-J
Amsterdam' Gas
5s
-
107'A 107%.
106%
J-D
New Eng Gas
New
63%
M-S
J-B/t
Power .4'As_i——^1981
series Al—
2022
Nebraska
'6s
A-0
Period
31
——
Valley 7s
Danish
Midland Valley, RR~
Extended ,at 4%
Friday
Interest
Fxchange
Dec.
Agricultural Mortgage Bank (Col)—
A20-Srear
7s—-V-wApril 1948
A 20-year 7s
—Jan 1947
Bogota (see Mortgage: Bank of)
102%
,105'A 1077a
110
100%
937a
100'A
•10174 ioi 1/4
1077a 1077a
loi'A
Ended
■•'
ACauca
"
-
Curb
113
112% 1.12 'A
McCortf- Radiator ft
;
York
'123
A-0
klfg—
6s> stamped;
——1948
Mengel Co conv 4 '/2 s—:
—-1947
Metropolitan Edison 4s E——1971
New
"
1087a'
——1970
'
44%;
110
$105
3Vas_^____196u
Louisiana Pow ft Lt 5s—;—.—1957
Kentucky Utilities 4s
Lake Superior D.st Pow
107
J-B
3-3
^
•
3
BONDS
Jersey Cent Pow ft Lt 3MiS_———1965
Kansas Electric Power 3l/2s—i_—-1966
Kansas Gas & Electric 6s_——2022
i
Foreign Governments & Municipalities
94
"67
36
f1 "l
-
•*
"-eons," consolidated; "cum," cumula¬
"conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust
"wi," when issued; "w w," with warrants; "xw," without warrants.
tive;
certificates;
A*fWA*ik-KilW AwVJi t?-v 'I »
* awifcwVUM "r-,rvffto*M>
•
■
V
Mh
*..,.
'■»■ :>v''
Monday, January 3, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
34
OTHER STOCK EXCHANGES
lore
31 both inclusive,
Dec. 35 to Dec.
compiled from official
17%
17 %
1.25
1.50
468
9%
10
585
Bait Trani.it Co com v t c__
Preferred
.100
t c——-——-v-
v
Chemical
Davison
Co
13
13
—1
—
,"l6
515
97/a
—
17%
1.50
0
Corporation
Arundel
••
Aug
127a
t c_.
Fidelity & Deposit Co———.
Eastern Sugars Assoc com v
Merchants
(Tom) Distillery
Moore
Casualty
New Amsterdam
Commercial
\Seaboard
0
S
'27%
.25
27%
75
;
67
75
163
27
25
2572
150
common—
700
37 74
3674
36%
.
10
32%
32%
-20
287a
29%
Jan
40
34
5%
4%
5%
2,850
1
1%
1
1%,
...4
4%
4%
1%
3%
May
capital—
Wheel
Truss
Washer
(DeJawa're)
series
5s
B„—
•
5972
102
Warner
Co
Burd
Corp
common
_J_
100
156%
—50
25 y8
Si T61
Tel
American
Anaconda Copper
6%
Bigelow-Sanford Carpet
Edison
Boston
Boston Elevated Ry
Traveler Corp
7%
class A 1st
class
7%
24
20
104
.:
A'
•
32
98
61
4,046
33%
B
class
102
Jan
68
291
62%
Jan
69% Aug
20
435
14
Jan
20
Vt
•
JDec
23
27%
3%
482
Apr
Jan
2
Jan
8
1%
Jan
1%
Jan
8% May
8% Jun
Jun
6
Jan
2
4%
315
5%
265
2%
Jan
8%
Jun
5%
40
3%
Nov
7%
Jun
6%
820-,
2%
Jan
8%
Apr
13%
13%
100
11%
Jan
16% July
29
25%
29
107
23
Feb*
35
6%
"2*70
6
Dec
9%
Apr
15%
13%
15%
351
3%
Jan
17%
Jun
5%
5%
95
4%
Jan
6
Boston
East
—10
Co.———
95c
1,500
May
7% May
1% Mar
Jan
90c
;
Common
-I1%
56%
70
33%
33%
%
618
56%
56%
—100
-100"
prior preferred—;
4% %
1%
*
———
.,
2% May
Jan
59%
100
19%
Jan
41
2%
Nov
37%
Jan
42
Dayton Rubber
Decker
(Alf)
&
Deere
—
Eastern SS Lines Inc common—
"1 14
7 8
Grocery Stores——
'
Jun
Jan
9% July
94%
100
93
Dec
124
Oct
56
145
25
Jan
70
Nov
14
290
6
Jan
24%
14%
•
Engineers
.
13%
■'
9%
14%
32
32%
8%
.
—*
Association
Public Service
Group
Employers
5
93
*
preferred B
5% preferred adjustment
4%
56
56
100
100
6%
Economy
*■■■
100
1st preferred series A
6%
h-.'
5
Ry common—100
32%
15
12
14 %
27%
2%
Jan
—1
Corp.——
Capital
General
Gillette Safety Razor
Isle
Royale
35%
195
31%
Sep
39%
J
Jan
30.78
20
26.08
Jan
—e
Co
Copper
37%
35%
37%
1,858
30%
Jun
7%
7%
7%
325
4%
40
Jan
1%
1,220
75c
29%
30%
1,106
July
9% May
1% July
Mar
1%
—15
—
32.78 July
Jan
•
General Electric
Copper
28% Jan
35%
Apr
2%
...5
(Del) common.
Corp
Lamson
30%
•
—
—
.100
2%
211
2%
Dec
6
Jun
3%
3%
682
2%
Jan
6%
Apr
Works
Alkali
—1
(Inc)
Mergenthaler Linotype
12%
Jan.
275
12c
Jan
21
115
20%
Dec
21
4
50
50
60
35%
Jan
50
July
Cos——.
England Gas & Elec Assn—
preferred
7
May
-100
New England Tei & Tei
100
3%
Jan
8%
Oct
12%
266
6%
Jan
14%
Jun
6c
100
lc
Feb
10c
July
Pennsylvania
RR
Assn.
10c
11c
25
■1
—25
26 %
1%
•
•
3,603
1,991
1,691
12% Mar
19%
Nov
86
Jan
110%
Oct
24C
Jan
85c
Apr
10c
19
Dec
66c
a
33
•
8%
r-i CM
440
9%
Jan
548 *
5% Jan
33
950
29%
Jan
Apr
1% Mar
Jan
CO
;
32%
Jan
68
1% July
28% May
23% Jan
60
11
7%
-
Jan
1
1
12
.—_*
75
341
191
10%
—
(The)
Co
36c
25%
4
————
Stone & Webster Inc.—
30c
26%
50
—
Hole Mach
Reece Button
19
105% 106%
26
———.
Quincy Mining Co————_.
Torrlngton
10c
100
Old Colony RR
Shawmut
36C
-2.50
North Butte Mining
Pacific Mills
106
Union
Drill—j...——
Twist
United Shoe
TJ
11
?
July
14% Sep
10 % May
36
July
Waldorf System
(S
D)
-10
—
Utah Metal & Tunnel
Warren
-23
..25
"
„
Inc.—.
Co
,■
■'
^
14%
2574
25%
55
25%
Dec
37
Feb
137a
14%
205
7%
Jan
15
Sep
75% ,/
9
Machinery Corp..
6% preferred
S Rubber
5-1
—5. r
Drug Inc.——
United Fruit Co
737a
757a
646
60%
Apr
76%
68%
67
44%
44
„__i
69
570
63 %
Jan
74
Sep
115
42% Sep
47
155
25%
Jan
46
July
July
905
20c
Oct
48c
43%
20c
10%
.50
94%
10%
20
„
—
Westlnghouse Electric & Mfg—_
Sep
,44%
.
42%
20c
43%
20
93%
94%
105
10
204
7%
16
Jan
Jan
80% Jan
Apr
11% May
21
Oct
99% July
4%s
Mass
series
Co
For
Street
footnotes
see
page
39.
104
104
$2,000
103% Aug
;;
Nov
i3o
Jan
Mar
Jan
10'A July
fs Jan
l'A May
100
6
250 y,
210 "
57%
99 Va
26
113
Jan
410 r
■i
Jan
:> 3%
Oct
61
July
>
V
10
Oct
7%
100
15,450
300
38%
Jan
49%
84
50
65'A
Jan
84
Dec
15%
5,600
3%
Jan
18
May
21% Jan
27
July
/
17
400
■
Apr
Jan '
2
5,800
*
4%
17
.
4 7a
27a
6%
v
Oct
;
Oct
574 May
Jan
10%
927a
200
-
Jan
9374
227a
2%
.200
70
v
100
Jan
Jan
107a
30
v
.;
,
Jan
117a
Jan
272
267a
15%
7= IOO
10
Jan
1074
11
200
10
Jan
874,
711
5%
•t — ;Z';7
26%
•'',
■
—
;
26%
'774
xl97a
8%
197a
••'
'•
29%
20
12
1,950
:
37a
23
Jun
8%
Dec
42'/a July
■
7
16
July
1374
Apr
67a May
:
■
287a July
87a July
Jan
31
Jan
Sep
207a
Dec
674
Feb
30%
300
*
.
,
300
,
Jan
Jan
21
10
33%
10%
'■
297a
33%
% 81/8:
1%
1,050
.
Oct
3% July
19
Jan
7 39,
157a
■
Jan
250
15%
-
Sep
2474
17a Mar
200
15
874
VV
2074
574 Aug
227a July
1007» Aug
Feb
83
r>
150
/
3974
15
....
'
27a
147a
aoo
47a
197a
'
1
class A
Fairbanks Morse common.—
—
Four-wheel Drive Aut'o.
-in
10
;
Nov
41% Mar
6%
Jan
14% July
37 Va
Jart
51%
,
.
Amer
Motors
General Outdoor
Corp (common
Advertising com
44
42%
52%
r
51
'
44
"4%
1,800
1,600
V., 100
7%
7%
7
7%
38%
38%
100
25
13%
13%
300
10
19%
19%
800
16 Vb
10
16%
1100
9 %
9%
400
9
9
100
52%
4%
"7%
*
Gillette Safety Razor common.;
Goldblatt Bros Inc
100
1,000
-
Transp: common.—;.._5
General
7%
common—
Goodyear Tire & Rubber common..—"■
Gossard Co (H W) common—.—*
Lakes Dr
Great
Hall
Hein
Dk
&
105
May
19%
•
com..
Printing Co common.——10
Cdj capital
Brewing
!
9%
•"■
1
9
Werner Motor Parts——..3
Hibb
Inc
44'A Jan
Jun
56% July
3%
Feb
6
Jun
200
47/e
Jan
9%
Jun
850
4 Vz
Jan!
7%
Dec
Hupp Motors
clafes
•
1%
-1%
■'-'
,
•
";
-/:'.
Capital—
Co
Jan
41% July
137/s Oct.
177/s
Jan
21%
12%
Jan
18
Jan
•
100
Indep Pneumatic
Tooljv t c
Power &.] Light com—
Indianapolis
Interstate
4
10%
350
1%
Jan
4% Nov
10
550
7%
Jan
19%
150
18%
Oct
16% May
23% May
3%
15%
16%
400
16%
50
i; 1
Jan
4%
:.1
■
'
,
'■'J:"'-"-
7
i;
10
13%
13%
4 %
4%
50
6 Vz
47%
48
1%
com.—.5
100
13%
■ 4%
650
6 '/a
100
40
48
$3% preferred
Field
United
Nov
•••'. Dec
6%
67/s
1,700
%
%
1,150
'ioo
i 50
■; i'-H 50
15%
15%
15%
10
10
10
20
20
21
22
preferred
A—
iprior lien—
Gas
—.
Jan
2
July
Jan
20
Sep
27/a
Jan'
7%
Feb
12
9%
120
200
8%
14%
50
12%
Jan
21% July
■
150
Jan
27% May
Nov
13
13
8%
cap
common-
stock—
Noblitt-Sparks Industries Inc
cap.
.pommon——
Airlines
In6
May
167s July
6%
1,250
3%
Feb
6%
Dec
10%
7,150
4%
Jan
10%
Dec
'A May
A Mar
Jan
21
Dec
7%.
7%
50
1%
Feb
11%
Sep
7%
77/s
100
2
Jan
11%
Sep
2
2%
1,900
I
Jan
50
8%
Jan
12
,550
33%
Jan
50.
21
>,
'
20%
21
10
..10
45%
10
44%
45%
'1,500
14%
200
12
50
8%
10
Jan
3% July
15%
July
Sep
Sep
Jan
147s July
4%
Jan
14%- Nov
9%
32%
.10
.20
100
12%
12
-2
—5
14%
12%
-1
33
33
150
26%
Jan
38
32%
33
300
23%
Jan
17%
18%
550
377s July
19% Sep
16%
16%
20
7%
Jan
19'A July
10 3A Dec
14%
Apr
23 3/ff.
common-
10%
10%
50
common—
18%
18%
100
Illinois Fina-pce
Oct
Jun
.100
2%
common-
Jan
10
5%'
-100
...*
common.—
Cooker
National Standard
•
6
,10-
'
Jun
%
20Q
t!c———
Springfilledi
National Pressure
I
14
•
4%
.in¬
Cylinder
Northwest
8%
jCo common—..*
$1 prior preferred.^
Montgomery Ward & Co common..
Nachman
4%
8%
9%
'
.22
class A:„
prior lien.'.l.s..1..
Miller & Hart—'iV
National
1% July
5
Jan
5
Co—j
v
Sep
Feb
32
—*
common
stock
Jun
2% Mar
5
common
1%
Common
Nov
8%
48%
24% Mar
*
capital——;
Common
convertible
%
.5%
Jan
Jan
30
*
Cheipical com
Midland Utilities 6%
Oct
July
350
Mickelberry's Food Pr9d common- .—1
5
Middle West Corp capital—
Midland
Jan
6%
41
300
1%
•
Marshall
3%
16
32
%
& Mfg
Jan
V. 4
6%
common..
Dredging
9%
■4
*
McWilliams
Oct
.
32
7
McCord Rad
Jun
7
8%
•
Libby McNeill & Libbyi common:
Co
July
July
7
*
Lincoln Printing Co
Material
1% Mar
19
74%
/ 'h-'
1
University
4%
7
*
preferred
Oil Ref Co
Jan
*
____*
Leath & Co common..1
Line
Jan
4%
Jan
Kentucky Utilities jr.,.cum pref
Lion
11%
57
common
July
2% May
19%
10%
*
&
17
100
1
Lindsay Light
13% May
Jan
V 200
Kellogg Switchboard .common
Cumulative
Feb
il Jan
5%
Katz Drug Co common'
Extension
11%
10
650
73%
capital...
Co
9
May
37% Aug
5%
J
(W B)
Jarvis
*
*
$6 preferred
:
9% Aug
Jan
Jan
7%
72%
Harvester
Power
preferred
300
>300
13%'
1%
Jan
6
25
common...—.1
Products
Steel
International
.
Oct
July
;
10
Illinois Central RR common
150
12%
•13%
—„1
cornmonJ (new).
M
13%
B
•
36
12%
*
common.;
Houdaille-Hershey
$7
35%
Spencer Bartlett common—....25
Horders
Northern
Ry—
.^1948
Oct
93
2,500
2%
*
common—
Northern Paper Mills
A
Z
Jan
■■
■
.
21
69%
5%
-;-2%
North American Car common—^
BONDS—
Eastern
Va
9%
'
•
15%*Feb
:
330
,
227a
(The)..————*
Util Corp
—5
•Elgin National Watch £o__.
15
Eversharp Inc common.
1
.
United
; 29% Nov
19%
:
9374
pfd—.100
^—30
cum
Electric Household
Apr
11%
19
5%%
Jan
200
.
;;:45%
/'
4%
Paper Corp
Eddy
LaSalle
New
20%
.
•
50
r
.
24%, 24%
197a
5
Cohn:,Inc common..10
.
<
10% July
V,,47a
74,
'
A—50
v t c class
Domestic Industries Inc
Dec
1%
6c
12%
-
Service
National
197
75C
23
7
Narragansett Racing Assn Inc—
Nash-Kelvinator
33
24%
75c
48
Massachusetts Util Associates v t c.
Mathieson
24%
20%
preferred
5%
3%
Jan
'
13%
24%
1
ManufacturingiCorp common—*
Dodge
Indiana
.100
Central RR common...—
Maine
5%
;
84
*
Illinois Brick
Kennecott
300
5%
Manufacturing com___l
&
Dixie-Vortex
Heileman
34%
30.75
35%
•
First National Stores
Jun
8%T
July
Apr
9%
Jan
52
Dec
34%
Jun
105
'•
Sep
11% July
7% Nov
8%
8%
1
1,985
?•
4%
7%
15
25
common."
Co
General
6% preferred
Eastern Mass Street
Jan
'
.Common
2;
Curtis Lighting Inc common
...
Gas & Fuel Associates— % :
Eastern
3%
1
45
.
5%
—„
95C
450
57
.10
common
7%
Cudahy Packing Co
Jun
5
~6%
—*
Co—
5%.
32%
8%
5
5%
5
lo
—-—1—
2,042
5%
3%
——-*
—
420
5%
4%
RR_———.100
Service
2,058
4%-
4
•—100/
—
28
3%
Dec
4%
110% 111
■
shrs]
partic
4
23%
Iff
common—'J.;.-25
Co.
15% July
J an
,8
1
shares—
pref par tic
c
Common
Sept
Jan
9
r'& Light, pref—*
■-v."]
■
11%
93
•
——
Edison
100
-
common—_
Co—
38% July
27%
*
Consolidated Biscuit common——
Consumers
Jan
%
91
preferred
*.■
Shaf| common—5
Commonwealth
July
34% July
67%
100
Stamped
Boston Personal Prop Trust
Range
116% Nov
Jan
24
19
C
Calumet & Hecla
Jan
81%
26 %
127/8
1
cdmmon1;
Cities Service Co
200
20
Chicago Flexible
Apr
31%
Apr
19% July
700
27%
—*
Convertible
Aug
Jan
Corp—
)
Chicago Corp
158% July
Jan
68
pfd———
Providence
Jun
20
1st pfd—
—100
—;!
—100
class D 1st pfd———100
&
Jan
Jan
250
20
27%
preferred'.——1
iien.
aye
5%
4% Aug
4
13%
3%
50c
Central States Power
Dec
4
Nov
97%
33%
Stamped
Copper
127%
1,107
115
115
100
—.—100
1st pfd.'stamped-—100
Stamped
8%
Cities
1,877
25%
,
Crane
prior preferred.:
5%
Boston
156%
Maine RR—
Boston &
10%
3
-17%
24%
i
32%
Jan
130
7
31%
400
300
8%
preferred —;
South West! Util com
Preferred
Sep
39% Mai-
;•
\l50
15%
High
Low
111
4
98
-100
25
100,.
•
——
Boston Herald
Prior
Ranre Since January 1
Nov
Apr
3%
4
,
•
__—JL_
Central &
High
155
pfd—100
Albany RR—
Boston &
Shares
4
Securities
33%
Sep
%
9
Jan
23%
3%
23
30
Sjerv $6 pfd
17
5%
300
4%
15%
15%
*
5
Convertible
-
of Prices
30%
'31%
Pub
Jun
23
100
1
8%
8%
.1
—.
Jan
13% <Jan
16
250
8
34%
337/8
34%
common——10
(A M)
Illinois
Common
sales lists
,
Refining—————100
Co
Central Illinois
for Week
Low
—L—'—1
Alles & Fisher Inc
American. Sugar
Central
Range *
Last
Sale Price
Par
&
pfd
r
convertible preferred
Castle
Sales
Zi '500
15%
'•
July
6% May
3% Nov
■
common.——'—.—1
„-l_.
10
Ring
Brothers
5 %
Week's
20%
8 '''
5
comiAon—
(E L)
Piston
Butler
STOCKS—
.
Fence & Wire class A
Brown
Friday
700
34%
Borg
inclusive, compiled from official
3%
33%
Jun
Common
Dec. 25 to Dec. 31 both
2%
15%
102%
Exchange
7
Jan
16
Bruce
Boston Stock
Jan
%
4%
Oct
99%
2%
•
&
6,000
300
1,300
15%
Bliss
1% Mar
Jan
8'A
Binks
Jun
158% July
6% Sep
•
%
4%
Jun
64%
' Jan
3
700
1
Corp
Brewing
56
Mar
Jan
.'.1287/8 Jan
1%
15
8
90%
13% Aug
'
4%
19%
*
common—
-
90
110
Manufacturing Co capital
—1
Laughlin Inc rcommon..——5
Mar
55
102
102
,
"3%
3
ManufacturinglCp common—10
Corp. J
*
Aviation
Corpj common.
5
Berghoff
5s series A—
(r
.3
common.—
Bastian-Blessing Co
Belden
49
59%
-42% July
111%. July
5
20,000
51
59
25%;. Jan
common—
Co
$46,000
50%
—
950
Manufacturing Co com
&
Aviation Corp
Bonds—
1978
1975
1975
18% July
450
Bendix
Transit Co 4s__
Jan
.37% .38%
Belmont Radio
Baltimore
12%
Oct
Jan
100
155% 156%
Automatic
Dec
9
Jan
17%
109
Athey
Oct
31
•
.50
Fidelity & Guar
National Bank——"—
•
Jan
Jan
156%
Armour
Nov
200
Mar
11
109
Asbestos
Apr
Jan
100
.38%
capital
Nov
6%
2%
13%
..100
Tel & Tel
627/s Mar
40'A
17%
17%
Manufacturing Co.—♦
Chalmers
High
Jan
Jan
6
450
4% s.
4%
American Public Service Preferred—lOO
Feb
47a
20
9
9
2874
150
American
Allis
972 Feb
145
July
Nov
22
-10
Western
Mar
24%
25%
'
-2
—.
7
160
Trans—.
Miners
&
Jan
125
70
145
145
—20
Feb
.
■
674
*
Laboratories
11
51%
13%
common...
Allied
Bearing
150
•
4%
.5
Castings—
1
Ball
Low
60%
11
*
cdmmon..
Aetna
Jan
155/a
^2% Jan
516
772
6%
—1
Aluminum
Advanced
Range Since January 1
59%
common'--!——
Co Common——i
Gas
Shares
High
Low
Par
Laboratories
Adams Oil &
Jun
2.95
^'
' -
Abbott
Mar
1.00 Mar
300
„
19
Jan
8
;
High
Sales
for Week
Range
of Prices
Sale Price
STOCKS—
1
Range Since January
>■■*?>') Low
High
Low
Par
Week's
Last
Shares
of Prices
Sale Price
STOCKS
compiled from official sales lisfts
to Dec. 81 both inclusive,
Friday
for Week
Range
Last
Dec.
Sales
Week's
Friday
7725
sales lists
8%
12
Jan
Jan
July
July
i
Number ■*4243
Volurne'4 59-
THE COMMERCIAL & FINANCIAL CHRONICLE
35
OTHER STOCK EXCHANGES
..Vi.
'
'
"'*./%■ v-jr
"A >■?";: STOCKS—
i'!"4/1'!':''ft
.
;
><".<,'
ir,Last
*
Northwest Kariobrp
;
Omnibus.
/A
Parker* Pen Co (The) common
Penn
•
v
Gas
&; Electric eommbn,, A-----*"
RR.capital—50
Peoples Gas Light. & Coke capital—100
_Periecfc Circle.. {The)
:**
;
;
9
:
Dee. 25 to Dec. 31 both inclusive, compiled from official sales lists
■
17% Dec
103
Sep
23
Oct
Jan
:
High
»:
.S&y'xJanAV
50
4%
2,400.7
10
23%
23%
3%
-
1,7
26,1/4
56
54
Jan
2%
Feb
23 Va
1,350
%
25
Jan
,
Last
STOCKS—
1,250
650.
American
Jun
33
61
"
.May
~
•
Preferred
,
70'/a
.
70%
■
72
.
Jan
92
Mar
Great
Feb
155
Mar
40
Jan
•7'■> ■''*
Rath Packing
.
250
600
1% Jan
■'
Co common——Schwitzer Cummins capital
Sears-Roebuck & Co capital™
Serrick Corp class B common-——
20%, 20%
50
10%"
Spiegel Inc. common-
1-5.7
450
7 230
.42
15%
'
15%
15%
50
13
32% "7
32%
'
.25
,
—5 "■.
11%
•
Corp
-.300
...
Jan
17 y4
3
Jan
Jan
7;.
.>
Jan
7
Jan
7
7
.7 7%
100.
Lamson &
Leland
17%
.25
8wift.; International
Texas
'717%k 17%':'p.',> 750
27%
.7'
700
.25
Corp capital—————1
(J R) common—.
Oct
Thompson
12
Rights
U
e
W *
hi
i-.*.-:
Cumulative prior preferredWilliams' Oil-O-Matic common.:
Unlisted Stocks-—
'
98
Jan
20
85 y2
1%
650
6
200
'
?
90
90
Feb
102
15
Jan
Juiy
13% Mar
34% July
11
9%
Jan
20
May
5!4
Jan
10
May
Nov.
.
1% Sep
60% Mar:
90
Dec
10
19%
150
•
Mul
.10
common—
19%
19%
common. -1
a40"% a40
35
' e
98
85
July
Thdustrfkl
Nov
eommon——u—.
Rayon
Interlake
New
July
Iron
York
a39% a39%
common—
a6%
common
Central
RR
10
a6%
90
a
15%
50
al6%
a
17
111
a50%
a50%
172
al2% al2%
85
al5%
common.—-.
Republic Steel common——^
U 8 Steel——.
Youngstown Steel Door common-
4% Mar
6% Apr
7% May
'37% July
6% Jan
11% Jun
1)200
24y»
Dec
54%
100
45y«
Jan
65
July
57%
600
54% Nov
69
Apr
24%
54
55%
57%;
5%
1,800
31% Apr
Members
30%
Jan
Jan
700
15
Dec
36%
.
Interlake Iron Corp common^
16%
16%
12%
11%
12%
15%
15%-. 15%
Co common——
16%
Corp——
capital—*—
:
•
9% Apr
24
6%
Jan
New York Curb Associate
Chicago Stock Exchange
Jan
Ford Building
.
DETROIT
Telephone; Randolph 5530
May
15
10%
3,250
,850
New York Stock Exchange
9% May
39% July
Dec
6
35%
5%
600
5%.
5%
..
36%
General Electric Co—.———
New York Central RR
3
117
Detroit Stock Exchange
Nash-Kelvlnator
Mar
2% May
23% Feb
200
/
a36% a363/4
a35% a36%
Jan
4%
350
9
24!
24Va
,
1
(Glenn L)
Feb
WATLING, lERCHEN & Go.
Mining
—--50
Atchison Topeka & Santa Fe com—100
Bethlehem Steel Corp common——*
Martin
Oct
3%
1
a21% a21%.
«■:
Graphite Bronze
..
American Radiator & St San coin—*
Anaconda Copper
Curtiss-Wright
.
1
Apr
11% Jan
: 7110
1 "Mr 400'
General Eleetric
19% Jan
400
5%
; ,i.: 875
15%
2
>■
a393/» a39%
99
3% Jan.
.34.'H 34%
Unlisted-^
15.,:
...
*
Jan
21
100
Firestone Tire & Rubber common.™ 10
28
-
Feb
.
■,
:
7
75
5%
15%
?
—
.
July
18% Mar
Jun
100:
100
a33% «33%
Works---.-—
Addressograph
Cleveland
4% May
Jan
800
4y4.
,
5%
6
20%
2%
.2%
34%
common—
250
27
•
Jan
2
a39
___*
—
Feb
2%
1,145
59 y4
Jan
47%
100
a39
—25
—
'
Refining
10%
32
■■■
7
Jan
12
150
32% July
hh Deb
Jan
■ft Dec
1,500
3%
:4%7*:y-: 4%
Yates-American Machine capital.
Corp
51%
10%
31
15
•14% Jan
514
■;
13%
32
——5
.4'''
7
10
2
2
13%
.
___
128
102
102
'
.
Apr
•.
.
719
,
Dec 7
35% Feb
25*
9% Jan
175
'■3%
3%
Jan"
3
1,151
A
,A'
•
Oct
Dec
7%
18%* Jan
'
Youngstown Sheet & Tube
53% July
'•
15
44 %
Jan
30%
23 '
334
16
'
.West Res Inv Corp
preferred—,.—100
White .Motor
15
July
14% Sept
Jan
16%
250
98
2%
Industries common—
200
23 %
26%
.7
Radio
7
3%
27
Zenith
^
8
50
3%
Walgreen Co common-—-——
Wieboldt Stores Tnc— - ;
-
Woodall
Jan
8% Feb
42
17
16
3
510
5%°
5%
.
13%
Inq
.
50% July
Mar
,35% Feb
223
11%
16
•
Apr
18% July
Apr
•
9
25
ft20%
11%
5%
:
;.—*
:
;,7.,v
a 20%
11%-
~2
Iron
Tool
Warren
35% Apr
:
100
200
■
is
51
Steel common—
Utah Radio Products common..—~~l~.l
27%.Nov
,
,
100
23%
United Air Line Transport capital—-5
250
,
__■>
———100
Products
Van Dorn
18% Mar
11%
49
11%
-2
V
;
22
40
51
17
Cement—
Standard Oil of Ohio
Nov
27% Dec
.:
31%
99
*
Reliance Electric
Richman Bros. ———
■
.14% Jun
Jan.
30%
Patterson-Sargent
July
.12
Jan
722%
7%
Sessions—,
7% preferred
National Tile
38% July
; 12 7
48%
48%
.25,
Thompson
27%::
27%
30%: 30%
.15:
capital—
14%
:•
7%
Metropolitan Paving Brick——-—*1
Vlchek
1.5
44 V4
Electric
Medusa Portland
50% Jun
1%
1,750
10%
.10%
Jan;
28%
tioo
■2
;
11%. 12-
•
e
.10
common---
-
33%
2
-i- •; .2
Sep
Jan
«y» Sep
Jan
,
44%
50
13
31
—
71
10% Jan
■'
'.710
41% -41%
—* ;
——
Jan
Jun
29
13
Kelly Island Lime & Tr_„
13% July
27% Apr
July
.
3
45
4%
a 43
Va
41%
May
90%
V
Jun
20
.6
5%
14
Jan
Jan
Mar
10
42
7 --.■77 1
-20
Pur
3.
1,300
3007
7
21%: 21%
7
ji
Common
11 %
:
59J/a
42'7,7
-2
——
10%
,
,
3%
7%
100
100
89 %
3%'
24l/a Oct
Jan
300
11%
89%
•77-:
Works;capital—-
South Bend Lathe
10%
19
355
a41%
Interlake Steamship
Jaeger Machine
Jones & Laughlin
• ■7:1
II
i .Sinclair Oil Corp-—-———-
Storkline
/
7
Electric
Sangamo
13
3
59
Sep
.
98
118.
100
—
Jan
50
61%
♦
..i—
15
88
_13%. ...i4.„:; -_776
_
High
,
6% Jan
206
14% ; 14 %
———100
Harbauer Co
■14% July
3'/a Apr
-.2.%' Jan
3%
11%
....
Towing—
Preferred
34% Apr
50
36%: 36%
——-1—10
Raytheon Manufacturing commori—50u
6%. preferred —_7._—5
common ... -
Lakes
Low
200
:
60
61%
.14
Halle Bros common———s
.
50
Range Since January 1
a37% a38%
70..
147 Va
550
■■
152
152
100 7 777'
;
10
97
a43% a43%
Goodyear Tire & Rubber————'
.
Quaker Oats .Co common
10
Cleveland Cliffs Iron preferred——*
-Cliffs .Corp common———,——5
Goodrich B F
*
Jun;
Shares
High
97
,
y« July
34
22 " Jan"
Low
&
Body——
5.
Apex Electric Manufacturing pfd
100
Brewing Corp of America—
—3
City Ice & Fuel—
"
20:
32'/a 7 32%
.
ef Prices
■■;.*' par
Coach
Sales
for Week
Range
Sale Price
.
lVaMay
.
46% Jan
.
Dec
5
Week's
Friday
-
25 Va Nov
Jan
200
56
10
Jan
14%'
50
3ys
26%
Pennsylvania
Loy>
7.':
7; '.
3% •;
1 77
—10
Peabody Coal Co^class B commdn2iL"-;5
'^.
v:50
22%
8%
'
Cleveland
Range Since January 1
10%vJan77
350
94%
'
22
common,-.-.—.--——'6
Corp
;
•
r
17%'•
17
'94%
NorthsWesternTTtil prior
•;■ 1%
Slok Exchange
.
Shares
High :
tote
Par /.
v.;
for Week
Range
.of Prices
7!;77/.7/Sale,Frioe.
7',1 ^
■'..
;•
■''i
..Sales
*
Week's
■>..»'•,!■ 7:• 7;Friday
:!\7''."V;i
7*7
■
20
Jun
May
<-.U-
Pullman Inc
(The), common.—
Paramount
Pictures
1,500
15%. Jan
37%
50
26% Jan
16%
550
9Va Jan
24
23
24
common!-—
capital—————-.
Pure Oil Co
30"
:
37%
.
16
40
July
July
Detroit Slock
19% May
Exchange
Dec. 25 to Dee.*31 both inclusive, compiled from official sales lists
9%
Radio Corp of
America common——
Republic Steel Corp common—--—
Standard Brands—'
-<■
New
9%
3,250
5
Jan
16%
9
950
14
Jan
'
16%
12% May
20 y4 July
Last
Standard Oil of New Jersey
50
-
.24%
of Prices
Par
30% Dec
Sep
Low
53%
.25
14
14%
Studebaker Corp common.——;—, -1
U. S. Rubber Co common—i——: ilO
54
.
200
5%
100
•
Allen
46% Sep
Jan
42 %
.
Electric
60'/a Sep
Dec
Jan
4,350
15%
.
42%
46%
'.
Baldwin Rubber common———. ——1,
Atlas
115%
25% Jan
—1
common.———
Drop Forge
1%
Brown
5%
28
common—;— ——1
McLaren
6%
100
26%
1%
:
7 5%
Week's
Sales-'
Last
Range
of Prices
:-jl\ r'(,
Par
Industries
•.v
:
7
Cincinnati
21%
•3:7-'V;7.
3-:;
7j/4
,>-.7y+
72
——--—50.
Telephone.
11
••
3
:
Gar
■■
7%-
Nov......
2%. Feb
'283.
•
Drug
:
-72%,
60
9%
2% Jan
Jan
:
.
7 7
;5%
-
:5%
Jan
Kreske (S S)
Kroger
.
Manischewltz
: Procter As
10%r 11%
30%' 31%
•31% 7.;
..
31%
'
3iy8~3i%
56%
Gamble^
,
135-
:
;
32% Oct
Murray Corp common—
Packard Motor Car common—
.
.
48% JajtL
.
v."
58
Sep
common
,
.
Preferred
—*
.:'8%
f.T*5*0.7..: •:
——-
8%
40%
__10
40%
,120
8%
181
8
48
—
2%
.Waco,
•
50
2%
75
243
,7 5
>
.2%.Jan,
10% Dec
30% Jan
42
3
Jan
38
.Jan
:
2% Dec
,
.
10
Oct,
Nov,
5
Invest
Rickel (H W) common
>
River Raisin
Paper common
14%
City Ice & Fuel.—.
Columbia Gas
"4%
——
323
.
4%-.
14%,
4%
<
10%
Jan
40
12%, 12%
12%
10%
Jan
16% July.
15% Aug
Jan
5%. Jun
€28
2
51%
203
29%
29%
106
Bearing-
48%
48%
75
Brand.®
.10
.
52%
,44% Jan
Apr
4
19%' Jan
Jun
2
4%
4%
9
100,
2
200
75c
2% Jan
Nov
Apr
23% Aug
4% Apr
:
'
1%
15%
■
9,115
...
1
■;■; ' 4% pec
1% July
Jan
•Too
1%
1%:
:
;
Jan
13c
1%
•
600
28c
1V4 Nov
125
.15%
Jan.
10%
2%
Apr
Jun
2% Mar
16% Jun
Jan
100
5% Jan
700
9
9
'
100
iy«
27c
1%.
.
15%
2% Jan
11% July
'
3%,7
3% 7 3%
30%
31%
9
1%
1%
1%
"l%
485
31%
9
■
1%
8%
3%
8%
2
—•
•
■
Stearns
(Fred'k)
,11%
3%"
common——1
2%
Cooler
—•
55% July
"B"
7 185
2,000
28
-
5%
76c
5
May
May
May
1% July
Jan
32
Jan
10
Jan
';■571.
1%. Jan
2% Mar
150
4% Jan
10% Jun
"A"
2%
*
:
31% Dec
Wariier Aircraft
41%
Jan.
49%* July
Wayne Screw Prod common—
common
—
1%
Dec
100
2%
Jan
400
400
28
4<K>
2%
t/SSO
6%
1%
6%.
1%
1
1
3%
3%
3%
3% Nov
3%
Jan
10 Va
2%
,
2% Jan
120
iy4
100
1
i
145
1,600
2%
2%
2%
—1
1
—„
Sep
3%'
1%
———
25
3%:
11%
■3%
100
preferred-———100
Tivoli Brewery common.—
Udylite common
3%
3Vs
10
Simplicity Pattern common—
—1
Standard Tube class B common——1
Universal
51
...
Motors.
Standard
Jun
83c
!•%• Jan
2
7 1%
•
General
.::
405
——
common———
Sheller Manufacturing
25
100
22%
t'/s
——
.
Dec
:
-
Dec
22%'
-
Reo Motors common———_1
Unlisted-—
American Rolling Mill-
46c
6% July
,
49c ' Feb
common--——-——--1
Scotten-Dillon
,
Jan
July
54
>•>
Prud
11% July
2,150
2%
26c
•*
Peninsular Metal Products common—1
8%
Rapid' '
U. S. Playing Card;U. S.. Printing
.
16%
4% Jan
600
'
-10
common—————*
Davis
Parker-Wolverine
9% Jan
;.•
y';——
.
Motor Prod common.—— u—7—u.-*:'
10% Nov
■;
8%.May..: :
55c
4%
140
67c
Die
Casting common
1
Mid-West Abrasive common———50c
8%
8%
July
3% May
2% May
163
,
65c
■'
—
—x";
Mich
56
,•
200
5%
13%
"
'7
—
McClanahan Oil common———I
7
388
.
common——-
13% May
32% Mar
Parke,
.55%':57%
Prod
Screw
Jan
4 Va May
■
83c; Jan
2%
l'"'
Jan
Jun
'
1
-10
common——
2,600
50c
5% Dec
24%)Feb
./
284
.
—
7%
.
•
408
.
—
Jan
,
Apr
NOV
6%
1% Jan.
5%
55c
2
1,034
May
6%
■.7; 2%
44% Jan
1,023
.1%
13%
■
17
■',
Jan
2%
iy4
'.
7 Jan.7,";
3%
225
Apr
22% July
4% Apr
,
Jan
52%
2%
13%
5
1% Mar:
■
7Va May
7
3% Jan-
100
3y»
51
2%
1
28%
505 7;
■.;"■■
,
10% ,10% .7.
10%.
-7.^
,:U\
52%
common———
1
Lakey Fdry & Mach common
—2
LaSalle Wines common:
——
23% July
Masco
insulation
Formica
10%
.—10
•Eagle-Picher
"3%.
.
common--—--— —1':
Mfg common——Kingston Products common-——
Kinsel Drug common-^,-—7-7——
Nov
15
200
5
■
Lamp common———— --'75 ''
<■
Houdaille-Hershey "B"——
~~~« -
74% July
Jan,
230 *7
140
1
-10
Hurd Lock &
9
7% Jun
137,
■
-
common--—
common—..—--
common--———-j —1
Hall
101% Dec
2
1,040
Hudson. Motor Car
,103
16%
5
4%
Graham-Paige
'
Dow
16%
*■
•:
■
4%
4j/4 Feb
Feb.
*•7-
4%
—
Jan
■
17%, Jan
3,024
1,210
Wood Industries common- —3
Finance
Dec
3%
1,055
Motors
Nov
19%
3%
Jan
3
/"
7,680
18%
7
■■■-»—
5
:2%
6% Jun
.81%, Jan
.
19%
Jan
4%
Apr
Jun
83% July
15% Dec
Jan
12
2%
General
11% Dec
Jan
4
84
4%
I1/#
15%
68
1,175
2%
General
24
.5
64
:■
7;
Jan
255
■•/
5%
.
7% May
30% Jun.
9% Jan
965
80%
15%
■
—1
Sep
10
Sep 7 ■
11%-Nov
5 -
5
5.
Corp common—-—
Goebel Brewing
V
-20
28% July
Jan
50
*
16% ~"T7%
17% 7
«
120
.
4
101% 101% '."•7"'V 37'...
2
98%\98% 7-7:
101%;
.98%
Crosley.. Corp.
11%
4
■■■.
■
6
common—-—-
Edison
5
-10
Nav
Frankenmuth Brew common.,
High
20% Jan
•
,
1'
24
11%
•
"-'-V
50
Cincinnati Street
■
:
24
20
——
5%
260
;7 •; ;3
8%
8
Cincinnati Gas & Electric preferred-100
NO& .T P_
-
common
Cleveland
Detroit Steel
LOW
7; 7:
27
1
Federal Mtr Truck common——-
.
*-^—--——--8
Champion Paper & Fibre--————*
Churngold —— -1———__—'*
Advertising Products-——*
Cincinnati Ball Crank:^^_^___i_:—:5
Detroit
common-'—
Detroit-Michigan Stove common- —1
;•' ;
Range Since January 1
•:
9%
27
..
Shares
High
9%
.9%
-—20.
Cincinnati
C
Low
:
;-/7 s
..7•
Baldwin
,J"
for Week
ale Price
Friday
STOCKS—
Detroit &
compiled from official sales lists
Dec. 25 to Dec. 31 both inclusive,
.
Exchange
—10
common—-
Dec
1%
100
80%
Paper
Motors
High
7v-.2
Apr
8% Apr
:
4V« Jan;
21
Jan'
200
15%
Continental
1 %' May
5V4
685
1%
12%
Chrysler Corp common—5
Ciiiciiiiiali Stock
28
1%
12 V*
,12%:
'>
350
310
Consolidated
American Laundry Machine.
Low
1%
6Vs
Briggs Mfg common-
Aluminum
Range Since January 1
High
1%
common- -—5
Burroughs Adding Machine—
.
Shaies
'
capltal.
'7
for Week
Range
Sale price
77V; STOCKS— 7 77;;
30
30
30
Sales
Week's
Friday
'.".77v7:
1
7——,———
common
■
•
noo
800
2,760
4%
.
1% Jan
1%
100
100%
1% Jan
2% Feb
3% Jan
Jan
1
Aug
■
Jun
2% July
2% May
Dec
Nov
68c
Jun
14% Apr
.
3%
.
Feb
2% Nov
:
'
May
7% Jun
2% May
1% Mar
"
Timken
Roller
i-
For
footnotes
see
page
39.
-trx*.
■
:
-4
200
3% Oct
5
Mar
f
a
Monday, January 3, 1944
COMMERCIAL^ FINANCIAL CHRONICLE
THE
n
36
7T
OTHER STOCK EXCHANGES
Accessories Corp-.--——50c
Company
1
Aircraft
—
■—*
Consolidated—
1
Corporation——2
Oil Corp
1
Barker Bros Corp common-—
Bolsa
Chica
1.75
1-30
-
Inc common
Broadway Dept Store
J/
:
i
-i
30c
300
10c
1.75
. 2,176
1.35
1.30
1.020
15c •
J®.,;3?
a20% a20%
110 v 16%
a24% a24%
70 ' 23%
30c
1-70
1.30
14%
__
Diamond
—
-i-—* a20%
common——«• j>\ —
Jackson Co
California Packing Corp
Bvron
c^mltrST^zi •/::
,8J?
«?.'»«»*
Chrysler Corp
^
W*
*
Consolidated Steel Corp—
Preferred
+
*v
—•
;
>
.21 Me 21V2
-
bm
-
800
rr-.->J65
- j
Jan
Oct
50c
t
Jan
Jan
Jan
Jan
2
2.05
15
Budd (EG)
Jun
Dec
28 y2
53 %
Sep
Prior
Sep
81
6|v jm '
6% Jan- :
.19Aug,-
10%
Jan
8
Sep
Pennroad Corp
Sep
20%
Dec
:
5%
3
——10
•
52%
51
7% May
Jan
Jan
45%
Sep
33%
Jan
43
Sep
44
.
Jan
56% July:
1,829 :
4%
8%
8%
-.599
4%
130
6
V
85 Va July
1%
3%
6%
390
8%.
50
May
16%
515
52%
.
July
10
Jan
67%. Jan
.
270
-
35
17% Mar
35
81% Z— 340
3,105
6%
80%
6%
330
39%
':
■:
9% May
Jan,
8% Mar.
3% Jan
Corporation
Reading Co common
2nd preferred .——
Scott
Paper
common
Transit Invest Corp
Preferred
.
—
—
.
United
Gas
Dec
26% Aug
30% May
34% July
735
13% Jan
26'A Jun
210
14%
Nov
22% May
22%
Jan
30% Mar.
32%
33
r
<
25%
25%
16%
15%
16%
25%
25%
37%
•
24%
37%'
'•*»*."
■'"
"V,
.:
'
25
.
112
700
43% Feb
36% Nov
Jan
————
%
%.
%
%
1%
381
n
.v' y': '
'
% Feb
1% July
.:
2% Aug
Jan
2% May
Jan
35% Sep*
1%
Jun
2%
Dec '
12%
Feb
16%
Oct'
a*
500
2%
:':r}
Feb.
17%
1%
34%
2%
14,210
15%
10
■■V
Jan
%
.
15%
43
2%
——
5'
%
33%
1% :
34
;———:
Improvement—
Westmoreland Inc
fe
10
1%
.%
i
distribution—
Ek-stock
■
22%
Apr
2,086
common———i.-—-—•
preferred
$3
.
Apr
4,248
24%
,
*.v
United Corp
Apr
16%
23%
22 %
———1
common——i—25
——————25
Mining
Tonopah
32 %
24%
50
—..50
—
;
Jan
21%
3
—
Jan
21%
.
5% Sep
3%
23%
.
3,818
26%
327/a
7% Jun:
Jan
233
*
25
: 24%
common——•
—*
pfd—25
2%
:
,1,940
4%
-4%
*•:
:i 26%
preference common—
Philadelphia Electric Power 8%
Philco
6%:
v/4%
1
50
&
*
-
$1
ooo
—
;
158%
Jan
5%
41% ' 41%
39
40%
—
Pennsylvania RR
;
Philadelphia Electric Co
.
-
-
Jan
11%
'
*■
.
80%
Oct
127%
50
35
5%
& Light-
National Power
,
"
v
35
•
Navigation-
Lehigh CoM &
Lehigh Valley RR_
1,460
3% Jan
66% July
12% Oct
a48%
,220
48 Dec
"rl" il ":'<1
,
,50
May.
450
Dec
.
200 y, 20 Jan
450^450^ - - JJ *%*$ *<*>
* 55% July
14
General Metals Corp———*
2.50
52 /4
52 52 A
839
A JanMar.
41
Gladding
McBean & Co--i~;
———12
12 . 12
1,000 r ". 9 Jan
July
50
Dec
Goodyear Tire & Rubber Co• a38% a37%*38%. 260 . 26% Jan.,
85
May
Hancock Oil Co common A-*
—
50
50 ' - 128
34 Jan;
10% July
Holly Development Co—
—-1 .• -80
80 ./s -lOO - 57/2 Jan .
40c
Feb
Hudson Motor Car Co,.—
—*
.,9%
8% 9%
450 4 /a Jan
Lincoln Petroleum Co—
——10c
32c
32c. ..33c
95027c Jan . 24% Mar
13% Sep
Lockheed Aircraft Corpi
—1- , 16
16.
16 ' •/ 304
13 A Nov
Los Angeles Investment Co—^.UL—10
• .
y:; 11%.11% ■
<1,1368 Jan
- ,1.80 May
Menasco Mfg Co
——*
1 ' 1-05 «/1.05
"
/a/C ?eC' " 9 Mar
Pacific Clay Products———~i—-*
6.% 6% . •, 332 ,
4% Jan
31% Dec
Pacific Gas & Electric common.—-25
•
—
30% 30%
? • 650 - .23% Jan 36% Aug
6% 1st preferred
——.ilia—25
a35a35 J 10 :■ v, 30% Jan
44% July
Pacific Lighting Corp common.—-..
39 »A- 39% % a , 1,065.
34% Jan :• v 6% Jun
50
Sep
Republic Petroleum. Co common—
1
* „ v 6%/j 6%'' /^4,179-v.f^ 2.10- Jan
5 % "lo
11% July
preferred
—1—--50
,
S.
46
48 /<<■/.;.■ 40 • > 4314 Jan
Richfield Oil Corp common-9 9%'. 830
.
7% Jan
5% Mar
46% July,
Ryan Aeronautical Co__——-—
1
—
3% 3/8
2,575
3 Nov
42
Jun
Safeway Stores Inc
<--* * a44% - a44% a44% '
40
35/4 Jan
15
Dec
Security Co
—1_—
30 • J. —
36%
38 <••;>/• 100
32 . Jan
13
July
Signal Petroleum Co of Calif:
——1 y \ 15
15
15
2,500 ;, y 10 May i r.r
Sinclair Oil Corporation.,
*
—
10% 10%
471
7% Jan
4%. July
Solar Aircraft Co———————1
y\ -.4
; 27/«
3
453 - 2'% Jan
9
Sep
Sontag Chain Stores Co Ltd—---u6. v 814;
8y«. sy+y/.'.
200
4; ' Jan .. 25% July
Southern Calif Edison Co Ltd-——25
23%
22% 23% •. . 2,377 . 2iya Jan
32% Aug
32
Sep
6% preferred class B--;———
25
—
3.1% 31 VSe
998
29% Nov
5%% preferred C1—
25
29% 29%
180
28% Feb
37
Sep
So Calif Gas Co 6V0 pfd "A":
—25
__
34Va 34Vi
450
32% Mar
30% May
Southern Pacific Co
*-■ , 24Va
23% 24ya ,
795
16 - Jan
39% May
Standard Oil Co of California—
•
.
—.
37y8 37%
861
28y2 Jan
6% Sep
Sunray Oil Corp————
1
—
5Vt : 5J/4 .:.
.160
1% Jan '
77% May
10
May
Superior Oil Co_
25
. __
7114 7114 . • > 230 • , 53V4- Jan
Transamerica Corp
2 < •. 8 V8
8 8%
4,147
6V4 Jan
24% July
Transcontinental & Western Air Inc—5
—
al8y8 al8%
20
19!/2 Mar , . ' 22% Julv
Union Oil of California
;
25
19
18% 19Va ■
3,475
15% Jan
13
July
Universal Consolidated Oil Co
10
—
liy» llV'2
300
8% Jan
4
Mar
Yosemite Portland Cement pfd—10 -. •>■
;
3',4 3%
•
100
3 Jan
America—
,
-1
7%
7%. .7%
Douglas Aircraft. Co Inc
* a*8% a48%
Electrical Products Corp—.-.
4n/*
Exeter Oil Co Ltd class A--———j.1 ■-»
40
, 35
40
Farmers & Merchants Nat'l Bank-.100
^
Creameries of
Motors—
General
Oct
22%
35
High
16
11% Mar
465
20%
•
Electric Storage Battery——
10% May
Low
19%
•
common
preferred
Range Since January 1
280 I
15%
156%
20%
5
Pub Co
Curtis
Jun
155
156%
Manufacturing common—*1
Chrysler Corp
24% May
■
»
Jan
Mar
•
American Tel & Tel
100
Baldwin Locomotive Works v t C——13
Bankers Securities Corp preferred—50
Oct
15
"sim
I ':.4? ;?w»
••
5Va
% 8
15%
15%
r*.
High
Low
I
American Stores
Shares
of Prices
Par
4% May
Sales
for Week'
Range
Sale Price
STOCKS-—
High
1.80. Feb
'
■
J-f
:
—
Barnhart-Morrow
Blue
January 1
| Low
900
^
2
4/?
2
4%
—
Petroleum
High
Low
official sales lists
Week's
r
Lust
Range Since
Shares
of Prices
Sale Price
Par
Friday
I
j,
for Week
Range
Last
STOCKS—
Sales
Week's,
31 both inclusive, compiled from
Dec. 25 to Dec.
from official sales lists
inclusive, compiled
Dec. 81 both
Friday
Bandini
Philadelphia Stock Exchange
Angeles Slock Exchange
Los
Dec. 25 to
612
■;
'/i. V
.
c
—
.
.
Pittsburgh Stock Exchange
.
.
v
Dec. 25 to Dec.
31 both inclusive,
.
Mining Stocks—
.
6
lc
1%
iy2c
__
•
•
—
—
•
,
100
2,600
100
I 6,900
6
lc
1% ,
2c
.:
(D
L)
7
.
14
1
—
Refractories-———*
10
3%
15%
8
Star Gas—
Lone
—
-
July
6%
—
Mountain Fuel
•
•—"
100
50
Armour & Company
(111.)—
——5
Atchison, Topelca & Santa Fe Ry—10G
Atlantic Refining Company—
25
Aviation Corp
—
3
Baldwin Locomotive Works vtc
13
9
Sanl Corp
Amer Smelting & Refining CoAmerican Tel & Tel Co
—
Anaconda Copper Mining Co
Amer Rad
& Std
,
—
156%
—
a4% a47/8
a64% a64%
a25y4a25yt
a3 '/a a3%
igy2 20y8
55% 55%
al3% al4
a29% a29%
a8% a8%
a38% a38%
a46% a46y8
a4%
—
—
—
Bethlehem Steel Curp——
5
Co
Boeing Airplane
—
-——15 a29ys
Canadian Pacific Ry——
25
a8%
Case J I Co—:
——
100
__
Caterpillar Tractor Co_——-——a46y8
Columbia Gas & Electric Corp
*
a4y4
Commercial Solvents Corp—j._
al4%
Commonwealth Edison Co—<———25
__
Consol Vultee Aircraft Corp—
1
__
Continental Motors Corp—:
—1
„
Crown ZeUerbach Corp——-——
5
i6y4
Curtiss-Wright Corp
——
1
5%
Class A'
ii
:
1 a 16%
Electric Powei! & Light Corp_
* '
„
Co
Borden
600
59
411
568
8%
9
a36 a36%
156% 156%
24'/4 24%
—
>
-
32
60
50
190
380
420
60
20
:.a37%
67/8
39%
109
40
91
211
50
150
5%
1,398
;
.
__
__
__
Co
Pictures, Inc.—
Motor
Paramount
Phelps
1—_ 1
25
Dodge Corporation—1
Incorporated—_—
Pure Oil Co
*
*
Radio Corp of America
•
Pullman
Republic Steel
:
Southern Ry Co—
Studebaker
Swift
&
Texas
—i
(The)
Co—_i
Union Carbide & Carbon Corp
United
•
•
-•
j_
L-
27%
25
25
*
—
Sulphur
Tide Water Associated Oil Co
Union
a48%
10
al3%
»
34%
__
Pacific Railroad Company—100
Air Lines
United
Aircraft
United
Corp
5
Transport
Corp„
a23%
5
(Del)
H ^R;U^ex CoSteel
United States
•
10
•
Corp..
__
-__
Warner Bros Pictures Inc-.—5
Western Union Teiegraph Co—,—100
Westinghouse
Elec & Mfg Co
Willys-Overland Motors Inc—
Woolworth Company (F W)__
For
footnotes
6
184"
680
25
__
(Indiana)—25
(N J)—
25
Corp
Gulf
137
_
Company
Company
Texas Corp
260
150
665
__
ai6%
al7
*
_J. a22% a22%
*
89%
89% 89%
15 y l2»/8 ' ''"12-12% '
—;—*
a20% a20%
Roebuck & Co
Socony-Vacuum Oil Co—
Standard Oil Co
410
a20% a21%
—
Sears,
Oil
a21
a37%
a37%a38l/8.
16%.
16% 16%
9y2
9y4
9%
_♦ -
Corp
Seaboard Oil Co of De_l—'
Standard
420
50
3%
334' •
a23V8 Va24'
Car
see
page
39.
—
—50
—
—l
6%
10
a36%
61
12
605
135
70
450
a32%
a33
a53% a53%
14% 14%
27% 27 V*
a48% a49y8 :
34>/2 34J/2
;al3al3%
109
24
43
115
165
600
a80
a80
a92% a93%
a23% a23%
27
27
1 1
20
a43% a43%
50% 50%
al2
al2
a42%
a43
a94V8 a94%
- 6%
6%
aSGaSeya1
28%
42'4
—
Packard
13y4
25
al6% al6%
100
a3% a3%
/
25
a35% a37%
492
—
a41% a41% . :
50
*
.
—
a43
a43 V
25
1
__
ai% aiy8
50
*
a26y8
a25%a26y8
50
•
a26% a26%
60
0
„
11%
12
" 622
•
30%
30% 30%
,
235
Libby, McNeill & Libby
—7 • 6%
6%
6% "
725
Loew's,
Inc
a58y2
a58% a58y2
40
McKesson & Robbins, Inc—
—18
a22% a22%
3
Montgomery Ward & Co Inc
*
a45%
a44% a45%
170
Mountain City Copper Co——-—5c
1% ... 1%
600
New York Central RR
15% 15Vz
629
North American Aviation, Inc. —
1
> 8%" i 8%
8%
535
North American Co
—•
16%
16% 16%
349
Ohio Oil Co——
—a 18%
al8% al8%
130
•
"
Electric Co
General Foods Corp
Goodrich (B F) Co——
Graham-Paige Motors Corp
Great Northern Railway Co„
International Nickel Co of Canada
International Tel & Tel—
Kennecott Copper Corp_-——
General
48
21%
3 Va
12!/4
55%
50
15
/
a4% a4y»
al3ya al4%
a24Ve a24y4
11% 11%
a5%. a5%
I6y4 16y4
5%
6V4
39y2
131%
24yi
3'/a
9%
^
Jan
Aug
Feb
Dec
Jan
Jan
Feb
Nov
Feb
Nov
Dec
Aug
Jan
Dec
Nov
Jan
Jan
31%' Jan
10
6
July
69
Sep
Sep
11% May
39%
——
Apr
Dec
Feb
40
Sep
Dec
6%
5%
Dec
9%
Jan
14% May
84%
Jan
98 y4
Oct
4%
:
Dec
6%
Apr
Jan
90c
5%
Jan
10% Nov
2%
Jan
3Vt July
25c
5%
Aug
9% May
Nov
1% July
50c
Dec
32%
Aug
35
Jan
24% May
15%
Feb
15% July
26%
Oct.
20%
Apr,;
7% May
16%
St. Louis Listed and
Dec
9%
Unlisted Securities
Apr
17%
Nov
lily*-—"
Oct
Established 1922
.
39% July
2% May
300 North
'
28% Aug
36
8%
Mar
:
New York Stock Exchange
Phone
;
CEntral 7600 '
St. Louis Stock Exchange
Apr
Chicago Stock Exch.
Jun
Postal Long Distance
Aseociate Member Chicago Mercantile Exchange'
New York Curb Exchange Associate
63% July
24%
Missouri
4th St., St. Louis 2,
Members
16% May
35
Co.
Edward D. Jones &
May
Apr
May
Chicago Board of Trade
Bell Teletype
SL593
Dec
48 Vs July
36% Feb
2% Mar
1%
10y2
8%
10y2
Dec
Jan
Dec
Jan
12
Jan
2% Jan
20%
Apr
14
Apr
St. Louis Slock
18% July
?1
5
Dec. 25 to Dec. 31 both
July
May
"
27%
15% Jan
23%
35%
■
14y4 Jan
Feb
59% Jan
19
lOVi'Jan
Jan
Feb
Jan
Jan
Feb
19%
Jun
Aug
Friday
Sale Price
STOCKS—
Nov
July
Brown
12% May
Shoe
39
common....
Century
Jun
Coca-Cola Bottling
89%
Dec
Emerson
15
29%
common-^-L
Falstaff Brewing
Apr
,_1
•
Hussmann-Ligonier common
60
Sep
Dec
—
37%
6
30c
15%
12
Dec
84%
Apr
Lan^lis Machine common
29
Sep
Mid\\est Riping & Supply common—
Missot^ri^Portland Cement common—25
July
National Candy
20
_._25
Metals common
common
15% July
Rice-Stix Dry
St
Goods common—
48%
Oct
82
Service common A
Inc
Jan
5%
Oct
201
20c
Jan
>;
January 1
High
July
6% Jun
26% Sep
106
Jun
43
13
Nov
7% July
70c
7%
Apr
Oct
3%
Jan
28%
Jan
38% July
100
.
100
380
-:
15%
Dec
18
Jahx
12
Dec
Mar
25
16%
75
13%
138
16
16
33%
33%
10
365
9
Mar
14%
Jan
20
12%
Jan
16% Aug
11
Jan
16%
14%
Jan
40
Sep
10%
Dec
Jun
10%
290
6%
Jan
2%
2%
200
2
July
9%
9%'
20
8%
Jan
11% Jun
1
180
8V2
Jan
17
5
16%
_*
Jan
Scruggs-V-B
8%
Jun
Stix, Baer & Fuller common——10
40%
Jur,
Wagner Electric
common*—..
7%
13
10%
Louis Bank Bldg Equipt com—3
St. Louis Public
Jan
'
16
"
*
Sep
59
National Bearing
,
Jan
50
15%
12
Aug
Laclede Steel common
:
6%
36
50%
45
12
7
17%
98%
65
30c
7
34%
2 % May
25
-
35
Jan
35..
r
•
International Shoe common—
'
12
Jan
3%
15
5%
24
104
31
10
39
100
Preferred
Dec
39% May
Low
High
24
12
Range Since
Shares
of Prices
104
Hydraulic Pressed Brick common—100
14%
15% July
for Week
Range
'
36% July
27%
official sales lists
Sales
Week's
July
Jan
Dec
18y4 Jan
24% Nov
Jan
.
5%
Electric Co—
.1_—
10
common.^—-—!
Electric preferred—i——-100
20% July
25%
:
Low
Par
'X
'V.;''
Exchange
inclusive, compiled from
Last
9% Jan
81 Va Oct
Mar
Mar
26
31%
340
21% 22%
July
2
Mar
25
' 100
.
.
8
95c
Feb
1%
80
200
196,
100
_
Jan
Jan
25c
400
%
18% July
9% Jun
Apr
Jun
5
5% Jan
33
•"
Dec
4
Jan
Jan.
Nov
5%
50
300
30
230 ':
50
80c
10% 10%
27/a. 3
6%
6%
?5c
75c
34% 34V2
—
.
Nov
Jun
14% Nov
Dec
45
Co
Mfg
.
July
15%
29 V2
25% Dec
6% Jan
29% Dec
20y8 Nov
33% Aug
12 y4 Jun
5
Jan.
,
Ruud
Dec
20%
;
Renner
Apr
6%
75c
-—~———1
—
——5
—
Shamrock Oil & Gas common——1
2%
Standard Steel Springs————.——1
6%
United States Glass common
-4y,
?5c
Vanadium Alloys Steel——————*
' : 34J/2
Westinghouse. Air Brake
•
22J/8
Jun
27
.
8
10
;'/•>"
64% July
" 5% L)ee
15
D
2
Jan
. 31% Jan
35 V2 Jan ;
36y4 Apr
1
Feb
27
Nov
16%
28%
47y4
5%
24 Vi
42%
34%
156% July
.
22% Jan
10
Nov
4y2 Jan
15y8 Nov
54
21
Jun
43% July
4
48
Jan
7% Jan
80 ^35-% Aug —
31
82
JanH
272
2% Jan
155
35Va Dec
495
1
2
11%
Jan
13%
544
236
10
6%
National
50c
50c
Penn Federal Corp common—l7/a
1%
Preferred —————50
^
26
26
Pittsburgh Brewing preferred—,—" ;
40 ; 40 ;■
Pittsburgh Coal Co common———100
—.
6'A
6V4
Pittsburgh Forglngs
1
12%
12% 12%
Pittsburgh Plate Glass-125 •• 94%/93- 94%
Pittsburgh Screw & Bolt Corp—
♦
__
4%
4%
Supply———10
Fireproofing Corp
*
Dec
8
5%
Jan
1%
800
210
493
Jun
11% Jun
Jan
8%
200
/
31%
Jan
6%
1
High
-
2
200
412
3%
15%
8%
-
Jan
6
Apr
4c
>
-
18%
152
.
Unlisted Stocks-—
Low
J '
-y 160
* 14
14
15%*
8
Range Since January
Shares
;
7%
4%
7%
4
4%
/-
for Week
of Prices
•
7%
5
Duquesne Brewing
Fort Pitt Brewing
Oct
2^
1%
3% Jan
J J/2c July
1% Dec
iy2c Dec
_*
•
Candy———
Columbia Gas & Electric common
Harbison Walker
-
.
Gold Mining Co_—10
Co—
1
Pioneer Gold Mines of B C-_
—1
Zenda Gold Mining Co
—
25c
Gold Mining
Cardinal
Clark
25%
;
LOW High
24% 25%
7%
8
P&r
-
Allegheny Ludlum Steel-"——•..:
Blaw-Knox Co—-.—
——•
—
Alaska Juneau
Range
Sale Price
f
■ STOCKS—
r.'-V;v-'-:
Sales
Week's
Last
—.
''
compiled from official sales lists?
Friday
common——__15
9%
30
10%*
17
3
Nov
Dec
9
9%
520
6%
Feb
10% July
30
30%
28'5
24%
Jan
34
Oct
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
159
"
J
■ »
' I.'.*
,
.
1
.
Montreal Curb Market
Montreal Stock Exchange
;
Last
A'
High
LOW
Steel
Algoma
Aluminium
Amalgamated
Can
Electric
Corp
Bathurst
88;
99
99
100
9
—100
_*
preferred
100
V,
May
7%
Cum.
100
'
Bell Telephone
Paper class A—
Co of Canada™
10
Columbia
Lt
& Pwr
13
103%
8
Oct
575
21
Dec
'25%
July
British
American
Columbia
11
Beatty Bros Ltd
July
90
15
Jan
22 Va
Dec
British
12
Nov
15%
Feb
Canada
Jan
158 Va
141
23
175
15%
6%
28
Sep
'A Sep
29
July
Canada
Sep
Canada
510
105'4 105%
Jan
Dec
13
565
AA 85
15%
15%
17
Mar
Cement common.—:
Preferred
—
Northern
Canada
105'/a
Steamship common
5%
6%
6 34
—10
——
Canada
Power——1—
9%
10
10
4%
8%
Jan
-12
Canadian
Breweries
50
1
;
Jan
14% May
Nov
38
/,
31V2
;
common—
New
*
Preferred
5'A
5
•
Preferred
Canadian Bronze preferred™—
Canadian Car & Foundry common
'
31 %
.
30 >4
10
107
107
170
Jan
Jan
J.06
50
,
*
8%
8
8%
_•
Power
Corp
Oil
Ltd
Co
24%
24
.24%
455
6'/a
/
Packers
■
Vinegars
Wire
&
V-.v
T
Celanese
Canadian
i
35'A
43
100
common—i—l-——100
Cottons
36
32%
36
common
225
,
27
855
43
17%
106
106
Class
Alcohol
Ind
"B"_;
Canadian
—*
common.
Locomotive
:
—*
;
,
5V»
5%
•
\i
„
.
,<
;•
'5%
■'
27
25
24 Va
30
10
......
39%
10%
107
Cockshutt Plow
Consolidated
Glass
Consumers
.,
Crown
Cork
&
11%
„—_*
Seal
Co
27%
*
Distillers Seagrams common:——
28%
22
*
.
37
/:■
■
35%
*
27
Dominion Bridge
r
23%
Preferred
Dominion Steel
Dominion
& Coal B__
Stores
Dominion
13%
118
25
7 %
22
Nov
41 Va
30
25
109
109
4
15V4
151/4
40
A:'.'
8 Va
Jun
107
19
Dec
15
Sep
Dec
19%
Oct
Marconi
1.70
1.70
825
85c
Jan
3 Va
May
6 Va
61/2
100
2
Jan
lOVa
Jun
Jan
48
Nov
Company—
;!
pfd_*
Westinghouse
Alcohols
Co
Ltd
6'/a
.
Ltd.——*
48
48
common....9
48
2%
39 Va
110
2%
425
2»A May
3'A
Sec
>
40c
40c
50
15c
Feb
10Va
10Va
26
8
Feb
12
%
5 Va
7,171
3
Jan
28 V2
29
115
"A"_____
Preferred
Dominion
Paper Corp
Oilcloth
&
Ltd
*
4
Si/4
;—_*
Linoleum
29
Dominion Woollens common
;_*
4
4
4 V2
•
7%
7
7%
13
13
35
34
29
34
1,357
2 V2
460
3'A
3V2
400
24'/2
241/4
24%
24 Va
1,445
688
605
Paper Co Ltd
Kootenay Power 7%
Fleet
Dairies
Ltd
pfd—100
pfd—100
cum
Companies,
Voting trust
186
o.
Halifax
11
July
Mar
72
f;
Apr
Nov
Lake
19
19
*
19V4
19 Va
Insurance
Fire
St
Co—.10
14%
14Va
"A"—*
2'A
2'/4
—*
22
23
25c
Dxyden Paper
A-
Enamel &
7%.
.
5 fJo
v
7%
105
Vv 4% 4 4%:..
% 8%
8'A
~8'A
—A*
preferred—100
7%
•
.
Heating Prod—_r——:A__i;-*
Gatineau Power common.—,
85
105 >/a
John
Ltd
A
&
Paper
Ltd
Co
5%
pfd
6%
25c
*
16%
100
3
30
Aug
7% July
Jan
7%
104
Distilleries Limited
Montreal
Refrig & Stor vot trust—
85
—
Feb
8% July
Jan
7
Pfd
Feb
13
Dec
14
Jan
35
May
2'A Nov
4%
2% Nov
jan
94
General Steel
Preferred
.,Gurd
Wares
11%
i*
common——
——!4~——.100
(Charles)
12
11%
/
'
■
7%
24% Oct
12Va
Jan
20
20% July
12 'A
Jan
Jan
13
2lA
Jan
3V4
Jan
22 Va
Dec
15c
Jan
75c
Jun
10
Jan
18%
14%
Jan
15% Aug
3% Jun
•
5
20
220
30
7 Va
7'A
7Va
1.50
1.50
1.50
150
26%
98
232
*
July
105%
Dec
Feb
7'/a
75c
Apr
1.50
Dec
35
20
Jan
26%
Dec
3%
200
3
Dec
7
May
92
92
20
87
Jan
97
July
103'/a
' 104
38
102
Jan
106
15
15
6
16
July
16
July
12
12
25
9
Mar
12
Dec
vr
5
6
75
5
Dec
8% Mar
f
1.75
1.75
250
1.25
61 >/4 '.
26%' 26%
31/2 /.
pfd_100
cum
Sep
.22
Jan
5%
:'
1031/a
,
•
Dec
;
Amusement
Corp
"A"—*
Ltd
Sep
United
Corporations class
Jan
110
Oct
United
Securities
4;-. 8 ?•
5
Jan
7%
Jun
4%
Jan
8
Jun
8.90
Jan
12 V2 Aug
12
Jan
4 I6V2 July
98%
Jan
,107 .....Oct
14Vt
"B"__.
_*
Limited—.
—100
Brewery Ltd
Walker-Gooderham & Worts
*
iV
;
:
'
Gypsum, Lime & Aiabastme—
V 6%
;V
6%
6%
150
.
:
Walkerville
v
..
:
Hamilton
t
Bridge
,
Howard
;•
Smith
Paper;common,——_•
Preferred
——100
t,
\* Hudson Bay Mining
-1
___•
14'A
of Uan /common—5
Tobacco
Pr ef e r red
:
—
—
v
■
4*
•
Imperial Oil Ltd.
Imperial
V.'iJ
■
_£ 1
—
5%
5%
11%
.•
—...
Hollinger Gold Mines.^—------t-----5
11%
13
13%
■
7
.
{ t-
280
..
15
29'A
28%
35
100
107
107
100
27
Jeb
740
12
Jan
11
885
10'A Mar
7
>i .14
1,600
7 V, Jan
14%
1.0%
i
.
..10%
/ ,• /Vv 7
A
•
32 Va
$1
preferred
cum
Industrial Acceptance Corp com—1__*
•
International Bronze
international Nickel
t
21'4
21 Va
preferred.;.—25
oi
Canada
29%
'■*
Power
Preferred
■!';'
common———_
Preferred
Secord
Laura
29%
21Vi
450
17%
•
10
j112
22 Va
22 Va
1301/4 130 >4
14 4, 14
70
i Alines—
-
Beaufor
12 V2
Bouscadillac
22 Va
23
Jan
Gold
Gold
Gold
Gold
' 195,
;
■
25
40
19
4
Jan
124 4 Mar
12'/a
Dec
Eldorado
Kerr
Addison
Lake
Shore
July
21V4
112
Dec
-
26 Va
130 V*
16
6c
1,400
2%C
Jan
7c
July
4c
4c
500
2c
Feb
4c
Aug
3c
1,000
lc
Feb
4c
Jun
3c
3c
5,000
2c
Apr
6c
Jan
1.15
1.15
100
80C
9.10
9.10
100
14
4c
10
A
Ltd——1
Mines
Mines
Ltd~—rrX
""T
Gold
Mines
.1
Mines
Gold
Mines
Ltd.
Ltd.—
1
;
Ltd—_._1
13%
30
9'/a
Jan
14
65
;
Dec
21% Aug
Jan
1.60 Aug
4.90
Jan
10'A
11%
Feb
16%
Oct
63 %c May
1.45
Dec
Sep
796
5%
Jan
10
8
1.40
1,000
3.25
3.25
200
Gold
Mines
Ltd.————1
S2c
92c
1.32
1.33
2 VaC
Dec
1,09
Nov
Dec
1.33
Dec
1 %c
1,700
3.50
July
Feb
4c
Jun
2V2C May
36c
Jan
200
2 VaC
2.15 Mar
1.32
100
Rouyn Gold Mines Ltd.—__1
Powell
July
8
Ltd—
4c
Feb
68c
Dec
82c
'•
;
Nov
8'4
Mines
Gold
1.35
Perron
Dec
8'/a
Oil Lw.
*
126
preferred———.100
Light Heat &
19'/a
Power Cons— —*
105
126
.
19
19%
6
1,752
6V4
Jan
120 Va Mar
18
.
t
Oct
126 Va
Ltd..—
*
__1
3c
3C
200
Ltd__——...1
67 e
67C
500
1.63
1.69
1,900
Sullivan
Oct
27 V2
Crest
Shawkey Gold Mining Co Ltd._
Gold
Cons.
Jun
22
National
Steel
common
22
130
20
Nov
33'/a
Apr
33%
595
26
Jan
36
Car
Sep
90
12 Va
Nov
15
Sep
Jun
Corp new..—
_*
Niagara Wire Weaving...*__*
13%
13%
15 Va
15 Va
Noranda Mines Ltd
48'/a
49%.
*
;
25
15
Feb
18
550
40
Jan
5225 V»
Mines
LWr-_l——
1
-
V
■
•
68C
Jan
200
30c
Jan
46c
500
10'Ac
Feb
21 %c
A
1.80 Nov
■
V.v-H':
■
'
•
;.K
Dalhousie
Ltd___._.—*
Oil 'Co
30c
East Crest OlVCo Ltd.u'.——.—.——*
Aug
Oct
Mines
^6 4;4'-4
OilS—
Breweries
Mines
Sladen-Malartic
9% July
33
Tramways...—100
National
/
6C
6c
Pato Cons Gold Dredging Ltd——_—1
Jun
Aug
13%
Cottons
Montreal
Jan
—1
Red
Mont
Jan
19V4
Dec
A*
———
McColl-Frontenac
Montreal
47%
25
3c
1
Ltd——_1
—_
Feb
Candy—.————3
Massey-Harris
•
Cadillac
O'Brien
4-
160
21
—
Mines
Cartier-Malartic
Oct
24
Jan
Jan
:«
May
21
"
(
Ltd
Mines
39 Va Mar
Jan
6
98
60
2.00
7'/4 May
Jan
17
4
60
Jan
'
.Oct
17 Va July
18 Va May
28
Nov
363
112
——.A!—100
(John A)__
___*
Lang & Sons Ltd
20
17%
common—-.—*
—100
Lake of the Woods
21%
29 Va
13
-...25
20'4,
com—•
International Petroleum Co Ltd—*
% International
21'4
common.'
■
—
Central
.
30c
12c
12c
July
JiH*.
Feb
Home
/•;.
CVLtd
Oil
••••'
'
v
3.30
•
—
3.30
200
2.66 Jan
4.00 July
Hi {*.
"
Ogilvie Flour Mills
Ottawa L. H. &
Penmans
Power
-
Price
..
Ltd
Corp
Bros
5%
Class
A
105
6V2
Jan
*
53
53
50
43'/a
Feb
6
Jan
10% Juiv
9'4 Jan
common————.
Canada
*
6
—
Corp
Sherwin-Williams
Southern
—100
——
695
19 Va
19Va
1,945
93
92
93
220
62
Jan
19% July
93 Va Dec
13
420
12
Nov
Hi
Jun
3
535
1.75 Jan
4
July
of
13%
14 Va
46'/2
46 Va
47
25
*
14%
14%
15
1,640
15
15
50
new
Tobacco
9%
common...1—*
63
G9
common—.l—-.4!
Viay. Biscuit preferred.—:
Preferred
Zellers
69
9
preferred-———.100
3%'
75
—100
common.,
6'A
100
———„.
Ltd. common.——
__
*
Preferred
25
;
10%
63
69
9
154'A 154'A
United-.Steel Corp_i_—*
Winnipeg Electric
575
llVa
Feb
Toronto Stock
Canadian
Dec. 25 to Dec. 31 both
18 Va July
32Va
Feb
Oct
19 Va
/:•/;,/A.-/
Jun
STOCKS—
60
4%
75
6%
6IV2
13% Mar
176
9%
Dec
11%
59%
Jan
72
Abitlbi Power
Jun
70
Apr
80
66%
6
9
2
152
575
5
1,090
140
3%
60
2%
21
19
27J/a
16 V» July
19
160
13
27 Va
27 Va
110
24
Jan
Nov
Apr
Dec
Jun
",
Jan-4*
Jail0 4
JanJ,f' ■
Jan
"76
•^7744, Dec
4 8Va July
03%; July
..
' Dec
s";27V2.''E)ec
J 33
133
10
128
Mar
133
Sep
132
132
30
12y
Jan
144
___100
157
157
147
Jan
160
—100
Scotia
Ajax Oil & Gas Co.——
Aldermac
-—
1
*
Algoma
Copper
Steel
Aluminium
28
__
Aluminum
__
18c
Corp—^-A—:—
Ltd
Co.
•
89
pfd._100
99
common
of
Canada
5%
Shares
High
Range Since January 1
Low
High
70c
Jan
4'A July
2%
2%/
650
26'A
28 Va
3,360
5
Jan
33
7%c
7%c
3,500
6c
Jan
14c
Feb
1.60
July
Anglo-Huronian
Aquarius
Ltd
*
Porcupine Gold Mines
Gold
Minejs^.
1.08
15c
8 Va
800
1.15
4,610
18c
-
9'A
89
-
92'A
108
200
•
1
Gold
—
62c
14c
45c
1
—
1
9%c
99
99%
175
59c
Anglo Canadian Oil——i—
Aunor
Golm Mines
240
240
223
Jan
254 Va May
Mar
—i
page
——100
39.
135
135
135
80
132
Jan
150
A
Bankfield
Consolidated
Bank
of
Metals
Bathurst
Ltd
Mines
Base
see
Low
__
for Week
Range
Julv
A
Bagamac
footnotes
*
Sales
Week's
of Prices
60c
4,900
6,40
13'Ac
9c
Jan
Jan
8%. Dec
89
Dec
21c
^tll
Ausr
July
133'A Mar
99
Dec
102%
47c
Jan
84 %c Jun
3.00
6.40
346
54c "
62c
1,500
20c
Jan
7.10
Feb
Oct
Feb
68c
July
33c
July
14c
15c
5,500
12c
Dec
40c
45c
4,000
35c
July
60c
4c
4c
3c
May
5Vac Sep
8%c
10c
1,000
115,100
2%c
Jan
3.20
3.25
1,300
1.35
llcllVic
4,500
8%c
Jar!
19'Ac July
13c 13 V2c
2,500
4c
May
19 VaC Nov
Oct
14c
Sep
3.50
Sep
Aug
Montreal
For
100
—
Co
Mining Corp
Astoria Quebec Mines—
—l'oo
^
Paper common.!—_*
Oil
&
Ashley Gold
■;
,j,__1,100
Commerce
Royal
&
preferred
Gas
Armistice
Nova
Sale Price
Apr
416: f .Dec
; 156-4 :Feb
f' 6 •Apr
,19
6%
Acme
(gg^Arjon
'
Banks—
Canadienne
Friday
Last
.;
47 Va. Dec
14
Exchange
Funds
inclusive, compiled from official sales lists
Par
common—
————.25
Brothers
Tuckett
1314
—100
Power——————
Canada
"
—50
.
Cam
2%
*
common
of
Canada
Steel
Tooke
Sep
6Vs
19'4
_•
common
preferred—
Preferred
8 Va May
53
12
Ltd
Co
St. Lawrence Paper preferred
Shawinigan Water & Power
Co,
22
7
preferred
Lawrence
445
7
Quebec Power
St
23%'
23%
Power common..—.100
of
&
23%
common..
!,]
1
Oct
Aug
Jan
'
Sep
Jan
8
70
July
13%
_10
1st pfd.100
cum
Southern Canada Pow 6%
4%
:
; 30
7%
Jun
Jan
475
104 105 >/4
—*
94 /
560
:
109
109
'WU.'
common
Ltd-
Power Corp of Can 6&
11 Va July
Jan
Jun
6%
19 Va
22
—*
preferred.—.
Noorduyn Aviation
.
Jun
7%
10
S3 cumulative
Mar
n..
500
85
■
81
United
•
Dec
12
-
1,181
■M
16%;
19%
20
pfd. 100
cum
Melchers
Nov
3
-
Dec
'
Corp
__1
Power
McColl-Frontenac Oil
Jun
5%
25
May
6% July
Jan
3% Mar
900
(Can)
—
Massey-Harris
9% July
2 Va
•
*
Utilities
10 Va
6
Ltd A_—
Ltd
Paints
Jan
5.00
__*
Canada
Class '"B
Nov
cum
Aircraft Ltd—
Fraser
Feb
96
7%
Aircraft Limited
Ford Motor of
Aug
200
73%
Jun
45c
—.___.__2.50
Div
International
159
/..A, 55
73%
J '
Jun
..
Aug
'
Dominion Textile common——-i—i—a*
Oct
July
15
International
126
8
105
i-i—_c—100
.
Sep
110
■
Preferred
-
Oct
9 V4
Apr
2
Jun
Feb
105
7%
101
100
93
9'/4
,
15
16 Va
5%
110/
44
Jun
43%
93
9'/4
•... v1;
31Va July
x
7%
1,295
Jan
91
43%
15
Oct
Dec
152
36%
*
1
pfd—100
——*
July
Light & Power Co—„100
Consolidated
Jun
'
118
5
9%
Jan
11%
70
.
8
,9%
Chemical common^..*
Tar &
195
155
,8
Ltd.———v--A—i*
Jan
425
•
22% Aug
65c
July
July
Sep
33
Jan
26
118
155
_A__A:-——100
—
29
395
24%
13%
—A-—*
Dominion Coal preferred
—25
Dominion Glass common......—.—100
27 V4 Mar
-
17% Mar
-
12% May
13%
22
26
630
59c
Dec
Va
Jan
46
A
17'/2 Mar
20%
Jan
East
Jan
15
51
20 Va
Sep
Eastern
Nov
.75
22
20%
*
—
Co
30c
Nov
9%
28'/e
.
22% July
Nov
■Q. 37%
27%
34%
27%
.
11% July
Jan
53c
6
260
39
~b
Jan
17%
5
6 Va
392
11%
38%
11%.
—
Mining & Smelting
9%
445
85
Pairchild
*:
337
6% (V pfd.__100
Cable
-
10
22'/a
50c
Va Mar
Feb
7%
Oct
10
22V4
59c
Canadian
Dec
3%.-Jan
i" 12
2,809
Sep
23%
Sep
43
4 .3%.. Jan
1
810...-
27 Va
10 >4.
—
Canadian Pacific Railway.
75..
.
5%
5V4
62
Dec
50c
Donnacona
Canadian
22
59c
Oct
Jan
103'4 Mar
10
50
preferred—.—.100
Commercial
July
Jan
:
22
22 %
*
Ltd
Ltd.—
-".-'4
Consolidated
Canadian
Canadian Converters ..A——'—'
5% Jan
l2'/a Feb
Canadian
Oct
27%
*
40
4% July
32% July
Canadian
Jun
12
Dec
55
Jan
Nov
108
Jan
24
1,867
55
—
'
—_*
Ltd._
Dominion Sugar
5% : cumulative
•
May
42'/a
Jan
7%
1,060
25
—
1.45
27%
1,055
41%
40
41%
107
100
High
28
_*
Canadian Power & Paper Inv 5%
preferred
Low
65c
Dredge & Dock Co Ltd.—.*
Canadian International Inv Trust Ltd.*
July
9
s.
Dec
Apr
150
'
106%
5%
92
■
28
1,105
Canadian
Sep
Jan
200
7
7
"A",
Canada Malting Co Ltd——
Canada Northern Power 7#>
14%
v
3,807
23
&
22%
151
154 %
21%
fV
Canada
Pfd.—
Range Since January 1
2%
Feb
528
13%,
22%
.1—
.
%
154
23
A.!_j>
Power Class A—
Building Products class A
133
21%
21
13%
&
Brazilian Traction
Dec
Dec
Beauharnois
Breweries 'common.
Power
88
99
Shares
High
2 V2
26 Va
22
6%
25
21%
24
2 Va
July
17
•
Low
•
11
207
9
-
21%
Corp_______________
Associated
britlsh
pfd
•""
90%
8814
common—!
of
Co
Asbestos
._*
com——
Ltd
Aluminum
8%
75
Paper common
Feb
•
9'4
9'4
Power &
for Week
of Prices
Par
Abitibl
.
list^
Sales
Range
Sale Price
Range Since January 1
Shares
High
Low
Par
A
Week's
Last
STOCKS—>
v
.
of Prices
Sale Price
STOCKS-
Friday
for Week
Range
Funds
inclusive, compiled from official sales
Sales
Week's
Friday
Canadian
.
Dec. 25 to Dec. 31 both
compiled from official sales lists
Dec. 25 to Dec. 31 both inclusive,
AA:
/
Canadian Funds
-
—1
——1
Mines—1
Montreal—
3.20
—-100
157 157%
12
Mining.—„————.1*
10'Ac 10 %c
2,250
13 Va
95
Power
&
Paper
"A".
*
13%
V
\.
*
■/
Ja
Aug
161
8 VaC
Apr
17 %c
12
Oct
150
15
Jun
July
July
THE COMMERCIAL & FINANCIAL CHRONICLE
38
Range
Shares
Bear
34c 37%c
& Radium1
Mines Ltd
——I
Exploration
Beattie
Gold
—l
—,——1
Bonetal Gold Mines
—1
Bralorne
Mines, Ltd
*
Brazilian Traction Light & Pwr com—*
Brewers & Distillers——-———_5
—
Aug
12c
Mar
Jack
9'Ac
Jan
24c
Aug
Jacola
19c
20c
970
7.40
Jan
11%
14'A
Jan
28'A
Jun
Jellicoe
20
5'/a
Feb
8'A
Nov
22
22%
23
2Va
2'/a
67c
68c
Caldwell
46c
33,860
i:;
3.60
1,720
9c
11,591
3'Ac
13
445
3,000
1'Ac
Jan
9%
9%
60
9%
Dec
common——4
5Va
5Va
500
4
Feb
10Va
10Va
30
1.85
1.90
2,300
1.90
9'A
1,000
8'Ac
500
6%
6%
1-—100
105
105
Steamship Lines common.—'
9%
9%
10 %
Malartic
—50
31%
31
31%
161
Jan
107
Oct
Jan
98
Oct
Massey-Harris
131
132
5
5'A
'
Nov
Jun
38
McColl
May
14'A
6%c
1
2c
of Commerce—.. .100
Canadian
Bank
Canadian
Breweries
common
Preferred
Canadian
65
23
8V2
Car & Foundry common-
Canadian
preferred
A—:—
Preferred
.1—-
Dredge
Canadian
July
11% July
24'A
Dec
27% Aug
27%
Jan
39
Oct
Feb
151
Oct
14%
Dec
19
July
Jan
52
Dec
Feb
216
430
40
15
355
15
'r
133
20
200
200
5
200
5%
5 V2
600
——;
24%
27
Industrial Alcohol
Canadian
Locomotive
3%
Feb
96c
22
23
3.30
10
10 Va
6,560
—1
1.59
1.59
200
95c
Jan
Castle-Trethewey Mines —.———1
1.00
1.00
550
E4c
Jan
10%
Rv—25
Pacific
Nov
Oct
Feb
22'A
265
18
Apr
22%
Oct
3.45
1,475
Jan
4.00
July
3.35
'
2.30
12,466
1.60
20,792
3.55
1.57
6,800
l'Ac
1%C
6%
15
4'Ac
6c
.20
/
a'A
8'A
105
105
57
100
1.451.45
,1.49
6,300
--A, 3'AC
3%c
16,000
; 17'Ac-.
19c
1,000
;
"
'
365
Lj14'A Jau
'170
.
/
Jan
6
47
.
11c
105
Dec
'58
.,
Sep
1.55
Aug.
25c
Feb
NOV
,5c
Nov
.
Jan
4
Oct
July
9% July
.
Feb
83c .van
l'Ac May y:
,
'
Jun
July
22
v
.
.92'/a Jan
,
•
Jun
6c
10
Jan
5'A
25
-56
■■
9'A
17
Jan
2%c Mar
695
A
,
,
3'Ac Aug
{',.
4Va Jan
10'A
Sep
Dec
3.75- Sep
%c Jan
••
75
1,800
8%
2.40
1.63
Jan
1.65 Apr
530
r
,...
■V
1.51 Mar
70c
2,000
v.
8'A.
:
Sep
1.07
24'A
Jun
19%
4
Nov
1.27
67c
2.26
•,
19c
Dec
12
19'/a
C
—;
4Vac
330
9,450
v.'
,19%
5
:■"•
.
t
7 Va
Mining
Oil
"»
Canada.—1—
of
Corp
*
Gas—.
&
6
1.85
.
...
38c
A
National Grocers
Sewer
Ltd
Co
Nipissing
50
V
9% July
\
>
;
Mines
-
.10
58c
58c
1.75
1.79
48
.
Jan
27
49'A
Jan
,
Oct
10
:
Jun
Dec
-
Jan
22
Oct
Nov
15'A
Oct
35c
,
Feb
67c
1.05
i;3io
49'A
Apr
46'Ac Nov
12
1,100
V—,-r
80
1
Oct
6
Oct
11%
100
95
Jan
Jan
44'A
'
1,890
1-/
13'A
__
—
371
Nov
2 29
Mar
<
18
s«.,.'240
13'A
—
65
28c
2,610
.
18'A« 18 Va
18 '/a
Pipe. "A"——.
46'A
1.22
2,500
i.25...
39c
24c
18'Ac Dec
14,000
19 'A-J
9%
9%
common.
Mines ——-A-v--1-
Negus
'
46
■
National Steel Car——
'
38c
•;„:19
Light Heat & Powers.
Corp common——.
National
'
74'A
74'A
1
.
Montreal
,
6 'A
1.80-1.90
74'A
—1
Porcupine l.—i—...
Moore
•
19 %c 20'Ac
,20c
"l00
;. Monarch Knitting preferred——.
Moneta
6
■
.
12% July
50
Canadian
Jan
92c
;
8 Va
Mines—--——
Mid-Continental
Dec
23% July
19
—;•
.
Jun
70c
.,
Jan
15
18
common—-—-—4
Canadian Oils Co
lc
19,000
8 Va May
6c
—20
■Mercury:' Mills.x——-A—-4—
■' '
'
■■'
' * •:".«
Nov
26
Jan
Mar
36c
3,250
-
6'A
Jan
10
415
66c 68V2C
66c
———
52
50
->_50
Oct
Nov
115
36
A.—_
General Electric Co__
Canadian
Malartic
Oct
14
Dec
22
Canadian
Canadian
24
Jan
7Va
24 V2
Products——
Canadian Food
Jan
10'A
146 147 V2
Dock—_™—,
&
19
Sep
Feb
14
60'Ac Jan
s
Gold Mines--
McWatters
1'6%
9'Ac
Jan
10
1%C
—i
—
common—
Gold
Jan
Jun
9%
6,801
3.45
Frontenac. common—.
McLellan
..
2 'Ac
6'A
Mclntyre Porcupine Mines——.
McKenzie Red Lake Mines—
>
9% July
Jan
10
,
24 V4
35 V2.
.100
_
6 Va
Nov
10
A
35'A
„25.
——
common,—L—. —*
Celanese
Canadian
42%
Jan
905
23
11%
8'A
Convertible
New
8V2
11%
preferred
.
——1...20
preferred
-4—
1st
411/2
8 Va-
Oct
6'A
Jan
28
145
■
common
1.35
640
i
40
41 Va'
————»—■
Canners
132
—
10'A
3'Ac
570
•
-
11
2.30
*
Mines——
Dec
1.40 Aug
533
V
14
A 1.20
.•■
1.60
Sep
5,000
7c
.
1
Aug
95c
Jan
1.15
.
3.45
1
Nov
9c
10%
May
13'A
23
29c
Jan
40c
4.75
4,245
'.
.
Oct
(
55c
—J
Preferred—
142'A Aug
Nov
Jan
l%c May
2,900
Preferred.. ——r—,1——.——100
128
13c
s
48,150
-92c
Mines-,
'
14 Va
Jan
3'Ac
85c
common—:
Maralgo Mines:
July
95c
Preferred
i/.:
Jun
Feb
88c
15
Eastern
&
14,158
60c
10c
lc
4,100
5c
Dec
Nov
IX
:i-
Gqld Fields—
Leaf .Milling
Sep
30'A
10
Gold
25c
-
Apr
Oct
9.10
2c
i
Madsen
9
8%
2,666
Jun
J ill v
20c
13'A
7c
1.20
—
MacLeod-Cocxsnutt Gold Mines_
Jan
235
A—
Oct
Manitoba
3c
116
4%c
21'/a
class
Jun
9%c Nov
500
,
14'A
•V
1
Lake
100
6c
76c
—1
2.60
Red
25c
6c
,94c
13%
Mines, Ltd.——L
79'A
105
90 V2
90
90'A
—
Macassa
23
275.
8.90
——
92
50
——
"
Mar
_n25
11 Va Mar
35c
Nov
4'A
185
Preferred
July
6
23
23c
—3
Ltd—
Groceterias
Maple
Canada Cement common——_——*
Canada
7
24
4'Ac
—I
-
Class B
Jan
9.00
Little Long Lac Gold Mines.Ltd—
11'A July
Jan
5c
8V4C
v-
—
Aug
Sep
Loblaw
17
2%c
3c
—1
*
Candy—
preferred—-A,
Legare
1,930
1
Mines-—.
Gold
Secord
1
—
Ltd
Mines,
Cadillac
20'A.21'A
25c
—1
-——r.—
Leitch Gold Mines,
Feb
21c
—'—1
—
.
39%
,
.—A
Dec
4c
Feb
1.15
22 V2C 22 V2C
22'/a C
————T———1
—-——
Shore
Lake
Lapa
Laura
;
July
17
Mar
16
3 Vac
16
3'Ac
*
Mines—
Packers
4.uu
10'Ac
Jan
3c
Calinont Oils
Preferred
Dec
Nov
—1
Lake Dufault Mines Ltd
Nov
85c
Jan
x.ou
8c
8 'A C
i.—1—2™
preferred
Canada
5
77c
Lake
27Va
—1
—
Gold Mines
Lebel Oro Mines
3.30
Calgary & Edmonton Corp Ltd—;—«.*
Camp Bird
'A May
Dec
Jan
Mar
2 'A
19 %c
—-
Mines———.
Kirkland
July
65
Mines
Jason
,
Jun
Oct
27 Va
29
5,900
•VV
22.Va
Apr
Nov
15Va
Mills
Linen
85C
83c
84c
40
.
r
17%
21
300
;
Jah
17%
745
22 Va
22
„
Sep
Jan
1,445
1
—_
High
1
112'A
29%
—1
--T-
Kerr-Addison
Co——————4
Steel
Burlington
Mines
Low
114
23
—
Range Since January 1
High
29'A
"A"—.
Co—
Shares
10
29%
21
—
8,998
7%,
7%
preferredcommon-
Mining
11%
23
Products Ltd—————•
Building
Waite
23%
7%
*
Bunker Hill Extension Mines,
Milling
"B"
Class
22
_»
Ankerite
10,500
1.10
HVa
11%
22%
Gold MinesBuffalo Canadian Gold Mines—
2nd
63n
Jan
20c
Mines, Ltd———,—1
Broulan Porcupine
International Utilities
Jan
9,904
68c
Buffalo
Sep
8c
31,600
Low
:114
Petroleum—
9'Ac
38 c
8 Vac
——
——
.
International
Jan
36c
Dominion Oil™——
Class
See
160
Jun
22
British
Nickel
70c
8 VbC
*.™4
Columbia Power class A—,—_*
'"B"
4
British
International
140%
23
OiR-—"«—
American
British
Sep
500
37c
British Columbia Packers-
Jun
1.87
325
8'Ac
Kirkland Gold
Bob]o Mines Ltd
Bidgood
49'Ac
8%c
8%c
Mines—,——-■——s™1
River
Jan
.
International
153 Va 155 Va
154
Telephone of Canada——-—-100
Bell
Berens
70c
Par
,
tApr
10c
5,100
11,100
1.76
1.71
1.76
for Week
of Prices
-100
Hiah
Low
Hiah
Low
Sale Price
Range Since January 1
Sales
Range
Last
STOCKS—
for Week
of Prices
Last
Monday, January 3, 1944
-
Week'8
Friday
Sales
Week's
Friday
.iale Price
•:
:V
.
LISTED MARKETS
CANADIAN
STOCKS—
.V-
Sep
1.95 Sep
Apr
;
I:
.J
'
'
.
^
Quartz——
Cariboo Gold
■
Dec
1.59
>
1.35 July
1.75
48
Noranda Mines
4'Ac ,.4%c
—i-1
Norgold Mines
Mines———.1
1
1.62
1.58
1.63
Sep
Normetal
9c
9'Ac
7,100
6V2C July
14c
Aug
1.30
1.25
1.35
5,900
65c
Jan
2.14
July
Northern
Dec
2.65 Aug
LWC
76c-
Northern Canada Mines———i-
Chesterville Larder Lake Gold Mines—1
Central
Patricia
Central
Porcupine Mines
Gold
1.51.
1.52
1.87
1.95
13,705
HV2
11 Va
11 Va
280
16c 17 VaC
1.51
295
1.95
24,200
4
Mining & Smelting—
Chromium
Jan
1.00
2,300
North
Mining Corp Ltd———;
Star
Oil
.Preferred
Cockshutt
.———
Jun
O'Brien
Dec
Okalta
Oils
Nov
Omega
Gold Mines_--L---iL-,
-—5
1.25
1.25
500
80c
Mar
1.45
Sep
Orange Crush preferred
1.74
1.50
1.53
1,000
85c
Jan
5
39Va
39
39 Va
479
37
Nov
——r—100
130
128 Va
131
77
123
Jan
1.52
i
*
46'A July
14%c IS'Atf'
——-——
Bank
28%
•
Dec A
Co
Jan
41'A
18%
Jan
39
142 V2
Jun
320
20%
Jan
23 Va
■
1.00
167
Dec
a
140
lOVa
15
9c
9c
Jan
14
Feb
11c
11 VaC 12 VaC
12c
'
1.64
1.66
1.21
2,600
3.25
3.40
825
29
29
3 Va
3%
3.10
75
5%
preferred
Gold
4 Vac
,—100
-——
3'A
24 Va
34c
8
Jan
18c
59
May
>.
Gate
Golden
—
—
85
—-™1
Reno
Dec
.
24%
39VaC
Roche
Sep
12'Ac
May
Jan
3c
4,200
2c
July
4'Ac Aug
Wire
Gold
Gunnar
Lime
Gypsun^
Mines
Aug
July
Nov
Senator Rouyn,
—
7'Ac
8c
2,000
5c
May
9c
Nov
6
14%
90
18c
July
7
July
July
10'A
Feb
11 %c
Jan
24c
5
Jan
18c
4,000
6%
260
Hamilton
Harding
Hard
8c
8c
8'Ac
2%C
2%c
1,000
Bridge Co Ltd.—«————4
Carpet
Preferred
Aug
7%
Mines
—1
Dauch Paper Co
——4
Hollinger Consolidated Gold Mines—
Jun
8
-May
4%
1.03
1.08
8,040
40c
Mar
1.15
Nov
4c
4'At
5,000
2c
Apr
6c
Aug
V
4c
42c
-
42c
39c
Hinde &
15 Va
11 Va
-
•
.
17c
1,800
15'A
11%
II Va
.3
340
4%
80
14
8.50
635
Jun
Mar
Jan
Home Oil
Howey
—*
—
3.30
1
26c
Hudson Bay Mining & Smelting—:
Hunts Ltd class "A"
4
Class
"B"
20%
29
27%
29'A
1,560
"
11
11
11
71
26%
11
\
Steep Rock
J 100
Inglis <John)
14'A
—s
10%
—1
Preferred
160
■
,
•
32
Jan
17'A
Nov
Jan
17 Va
Jan
73'A
Apr
7
»
For
footnotes
see
page
6%
90
58c
2,800
15
,
loo
7
6%
—I
ll'/a
6%
1
14'A
10%
55c
—6
14%
;
f
99
-
99
15 »A
99
39.
t
140
10
.
Mar
12'A
Iron
Jun
7'A
,6%
Dec
8% Nov
10'A
90
Mar
60
20
66c
Jan
17
Jan
100
Oct
July
July
1-1
4.00
Sep
1,000
2VbC
Jan
9%c
Jun
Mar
62'Ac
Sep
I
:•
18c
13
Nov
Jan
66c
1.04 July
10'A Nov
9% Sep
•
-
.
Jun
25
Dec
1,000
3'Ac
1.-96.
,
„
3.30
'..'
10
Dec
73
Apr
76'A
Apr
'Jan
66
40
1.51
12,952
.
2.40
Sep
Jan
5c>
Sep
65c
-Jan
1.80
Nov
1.46 Jan
-
300
.255
10'4
.
-
.
M
3.45
■1.85 Js,n
23% Jan
31
5
50'A .Jan
'55
:
68 '
1,000
'
j
85
H'Jan.
68 v
30
3
-.
■
.
*
Jan
10c
' Apr.
/ 90
18c
Jun
35o
50c
8,100
6%
1,033
6
'50
32
Dec
74c
Jan
32%
5
.
.25
-
,<4
810
1$5'
2.04
18,700
,3%
,
..
15'A^ Dec
"
>3,475
83
.5'
——*
2.25 Aug
;
•
60
■
-
6%
25
*
Jan
',32
.-
£
Jari
1.38
-
32
Oct
:
2Vac
5,056
85
47c
....
2.65
Jan
2.500
■A; 525
^
52'A.
85..
14'Ac 14'Ac
2-00
July
Jan
59%
115
30
83
4 7,'Ac
-
Dec
3
.
Jan
7
1,000
; 1.96;,(
3.20
52JA
...1
Glass
Jun
77c
Jan
'
'■
*•
6%
Nov
Dec
8c
Nov
1.10
500
1.69
1.63
1.68
-50
50
<
Jan
54c
Dec
64c
Jan
69c
Mar
2,600
4c
4c
30
"A"
Jan
39c
29c
,
,
3.W,"
Canada..^—
86%
106'A
„
.69,
4c
-X.
Co.-i—
Exploration^——
9
Feb
12,800
4c
68c.
70c ;
2% "..2% ■;
;;;.2.oo.v 2.00,
Mortgage
Mar
10
"
I
10
10
,,:"62;<,v 63
V-69. 69'A
2.17;,: .2.15 2.20
62
-,25!
8
15
68c
4c
,4c
'
19% Jun
67c
5
common.—
"B"———:———il
Unit&d SteeL™-—1—-mUpper Canada Mines Ltd.^
,
12
2,625
70c
I
.
3% July
18% July
Jan
52c 53'Ac
.100
class
Jan
Mar
1%
1.86
68c
.
...
Feb
100
106'A 106'A
-50
United Fuel
Aug
2,512
,52c
__1—...
Union Gas Co of
22
6c
Jan
4%c
.100
Transcontinental, Resources —1
•
Dec
July
-.130
i5—25^
Tamblyn Ltd common
Teck-Hughes Gold Mlpps _-A_i
Towagmac
July
26 Va
Jan
2c
100
-i';
—
10c
150'A Aug
Nov
15
1,000
18,600
Mines.) Ltd....
Preferred
25
-
Jun
19'A
710"
20%
Jan
132'A May
36
20,203
Toronto General Trusts Corp..
Apr
26c
:
3.50
v;
5c.
MineS—...
Elevators
22
3'Ac
14,600
13%
.MinesJ__—J:—
Feb
6'A
990
Sep
3
3.50
,
Apr
35
Contact
Toronto
17'A July
10
,605
12c
9'Ac
-
,
Sep
11% Jan
1,833
,
...
Dec
Dec
..
;
Nov
185
78c
May
*
'—_——lL———!
,
Dec
13
Dec
Jan
3c
—1
Mines...I——,
Sullivan. Cons Mines.!.——
Sud
Oct
155
17
163
Dec
*
13%
-T:
Toronto
Imperial Bank of Canada—
Imperial pttt
9.50
2c
'05
,
10c
20
*
——--
Sudbury Basin
Vfftlar
Jan
:
of^Canada commop.
Preferred
4.10 July
7
8'A
1
11
Co
*6c. July
31c8ep
55
30
11
Jan
7%
50
Sep
Dec
-20;
3c
Petroleum 1Co__
End
■;
I6V4 July
12% Sep
Nov
17 %c Jan
100
11
71
100
3c
1,000
3,200
11
—100
preferred—
2.65
,1,685
27c
;
21
Z~4
-
Huron & Erie Mtge
3.35
3'Ac
3'AC
Gold Mines,
:
Sep
1 July
2.50
1.72 Jan
.31c
105
Mines.—1——--,
Malartic Mine£——.
Preferred
Steel
.
Homestead Oil & Gas—■*£—-
9
-
July
1.15
;
Sep
4,400
I
—
—. .
Dec
Dec
44c
Jan
8.25
*
23,224
,
135
19'A
Springer Sturgeon ___i—...
Standard Paving common—
7'Ac Jun
5%
4%
1
Hasaga Mines
Jan
South
Nov
24c
1.08
——1
;
4%
415
6
Apr
2'Ac Nov
24'A
.
Gold
Siscoe
Jun
6
—4
—
Rock Gold
Harker Gold Mines——
3c
5,000
2%c
1
—
24
:"135
•
Simpsons Ltd "A"-———
Sladen
Halcrow Swayze Mines———„—l
Halliwell Gold Mines
773
Preferred——!
12% Mar
6%
Ltd—t——
Dairies cqmmon_:
Silverwoods
Oct
23
3
60
15 %c
6%
;—•
Feb
16 Va May
10
110
12'/a
11
—4
Ltd.—***———1
.
Shawinigan Water & Power—
Sherritt-Gordon Gold;,Mines..
21
36,300
;
,.
11
Jan
Jan
4
115
•
Corp common-—
15c
19'/a
6
58c
4,800
4%c
8c
;
20%;
—_—--A——--- ZI-.150
San Antonio Gold Minies Ltd_. ———1
1
Sand River 'Gold Mining—™
58
23
1.25
210
-
6'A
:'A;.;3c /•'.'•.3c;v;;
8c.
Class "A"
3 VaC
6
Alabastine—.
&
'
Jan
21
Co____L_
Anthony Gold Mines-—
.———1
Jun
19'/a
Nov
78c
——10
2c
'
Greening
comlbon™.
51'A
21
3c
135
4.'
15
19'/a
Nov
1.45
75c
.
—l:.
—.
„
1,000
—4
1.50
4'Ac
56
4
——4
,—
•
3'Ac
Great Lakes V. T. preferred——
2.85
Jan
9.30
76c
56
Jun
Jan
Apr
50c
: 9.00
Silk j——;
Long Lac
St Lawrence
29'Ac Mar
3c
-
;
Nov
> 2.10 Sep
52c
1,160
2,17'"'.2.30
v
3'Ac
—
Preferred
Mines—
:'
2.28
,
■
2,500
3,695
3,000
5% Aug
1.10
.
•;
8,210
96c
92c
:.
6
100
St
Aug
5'Ac Nov
4c
19c
9%c
Jun
.1.28 May
4,300
6'A
6.
—'A
—t..
Russell Industries
4c
9'Ac
—
74c
,
1.36
1.30
6'A
l_-_-.ll.
3'Ac
Goodyear Tire & Rubber preferred—50
Bousquet Gold Mines—™.—1
Grandoro Mines
—a—4
r
1.34
———.
Dome
'*
A.4'A; Aug
142
11V4 July
100
4%c Aug
39c
Aug
'
Royal Bank of -Canadh—„—
Royalite Oil Co—
'
if'i,.!-
Jan
1c
•/•
17'Ac May
3,130
i
.
1,37
Gold Mines
Riverside
Oct
2%c
—
Graham
Common
77
35
85
1
7'A )Noy:,
1.87,
V2:20 ,"."2.25-r
1.39"
Mines—-i'—l——_
Proprietary
Jun
17 Vac
V
—
.^.1
Mining————
.
East
Preston
7'Ac Aug
6'A
Dec
6'Ac Nov
•
A
1.400
:;;'l.80
C—i.
Quemont-Mining Co—
77
Aug
1.41
1
Dec
Dec
19%
'
6,950
8
3%
Nov
3
1,510
32c
30
Dec
Metals
Pressed
r-'ioo
95c
95c
Queenston Gold Mines-
Jan
100
23%
——4
Mines—
Gold Eagle
trust
Jun
74
3,000
3%
Mines———-™—_1
Lake Mines Ltd-
God's
;
1.S2
Mines__i,_-z
Sep
4.80
May
4,994
Gold———™.
Rouyn
Voting
Sep
2'Ac
115
4'Ac
1.82
Mar
3'A
'1,623
*."74
—-2——4
common
Gold
Power Corporation
1.64 Aug
Jan
21
323
!
Feb
80c
2c
"4%':>; 4%'---
Securities—-
Credit
Pioneer Gold Mines 01 B
Nov
Apr
1.09
4,600
1.16
700
Jun
7,000
Gold Mines—
Powell
July
Va July
21'Ac July
4V4C Jan
12,800
Jan
3c
103
Jan
57c
A;
Premier Gold Mining Co™-—
-•
——
8
88'/a
11,400
Malartic
Pickle-Crow
10'A
Jan
4c
*
Jan
8%
4,000
Nov
2%
.,
,'.,80
Ltd
Gold, Mines-
Cadillac
Peoples
Perron
11'A July
Jun
7
5Va
465
:
10 Va
♦
A
4'A
235
10
4
—
class
7%
Va
Mines
Porcupine
'
Nov
34
;
•
Nov
July
1.00
Jan
v
.?
Glenora
Feb
Nov
Gold Mines
Paymastef Cons Mines Ltd——
■
Power
•••' 9c
1.25
Partanen
July
*
30
.
Feb
22
150
7
—1
4
—
—
50c
150
33
9Va
9 V2
——1
Mining
Gold Mines
Francoeur
NOV
1.25
(Page-Hersey Tubes L———.
29% Aug
1
Gatineau
7
•
Dec
Pandora
25%
31
—1
—
—
of Canada
:
2%c Dec
13,400
-
:
Apr
Dec
Oct
1,910
'
Oil—
Kirkland
2'A
Dec
Oct
78c
64c.-Sep
47c
Pamour
-■v' 247
1.00
Investors
Gold Mines-—4—
Co
Jan
68c ;
Apr
35 Va
,
Aircraft
Ford
38c
1,500
July
28%
22%
Falconbridge Nickel Mines
—4 '
Fanny Farmer Candy Shops——
1
Federal Grain class A common———4
Preferred
s>
1
Fleet
Nov
3,700
&%c
Jan
28
156 156 Va
156
4
Eastern Malartic Mines—_—.—-——i
Federal
5
1.45
Mar
8'Ac Jan
9,275
Petroleum—
24c
10c
500
34
common.l
———__——50
Dominion Steel class B
———2a
Dominion Stores
—4
Dominion Woollens & Worsted com—4
Preferred
——~—i————20
Eldorado
Sep
Pacific Oil & Refining—
'
Crest
2.00
blc
.
35
Pacalta Oils
Oct
136
2 Vac
2,000
2VaC
2 VaC
—1
Foundries & Steel com—4
Mining
———
+•
r
common—4*
-*
——•—-2100
Scottish
Oct
Jun
Apr
Pacific
(Toronto)-
Mines.:
Sep
2.00
Sep
.
Mining & Smelting-
Dominion
East
1.10
Apr
Oct
3% May
600
,
.
500
19c
31c
Dominion
Duquesne
4 Va
12,840
Jan
Distillers Corp—Seagrams
Preferred
4'A
,-i.—
1.16
May
1.25
1.0C
•
370
s
Mines-—
Nov
Nickel Mines—
Dominion
Gold
20c
'7
Dome
13%
13'Ac
Petroleum-,
Denison
Jan
1,000
Mines™——i—
Consumers .Gas
Davies
9*A
common—
—
1.20
;
.100
Oct
30c
Mines
Coniaurum
2.09
30c
16'Ac
1
„
Consolidated
Jan
75c
Petroleum—--4
:
Commonwealth
Coniagas
--1
Mines
Co—
Plow
Lake
Coin
Gt>ld
Willans
Cochenour
1.20
4%c Aug
20c
3,500
,
52 'A Aug
Jan
74c
4,800
65c
1.70
Jan
2%c
.,4,000
«■
80c.
58c
1.70
Empire, Mines—
40
560
,,
>
Sen '
Oct'
July
Dec
Sep
Feb
Jun
9July
'
3%
Jan
57
3% Nov. ■
95c
Jan
Feb
5'A
.
Dec
6'
Apr
'2.05
Dec '
Volume 159
THE
Number 4243
1'
Last
Low
Par
$'.
■
■Ventures,, Ltdl
Vermilata Oils
.
Vulcan
Range Since January 1
Shares
I Low
High
5.95
6.00
11c
13c
17,000
20c
20c
4.40
1,336
800
■"'■
——————
Oils—y—-J
_rw_l
Toronto Stock
for Week
Range
of Prices
Sale Frlee
39
Sales
Week's
Friday
-
,
STOCKS-
COMMERCIAL & FINANCIAL CHRONICLE
High
7.25
Jan
Sep
9^/aC Jan
36c
36c
Canadian Funds
inclusive, compiled from official Sales lists
Sep
Dec
Exchange-Curb Section
.
Dec. 25 to Dee. 31 both
Feb
20c
Mines, Ltd—— j
Waite-Amulet
Walker-Gooderham
&
'
■'■
4.50
61
58
Preferred5—
IIi.1*
——
21
■.
Jan
64%
Dec
1&
Jan
21% Aug
?.4Q Jan
•
,21
Canadian
Westons
■
Ltd
,
.Preferred
25c
900
19c
Jan
73
75
155
4p
Jan
»«"'■
79 %
.79%
10
55
Jan
15
14%
15%
390
1?
Feb-
107
Western Canadd Flour Mills pfd— —100
«
Western Grocers common——
common.—
*
106
107
7
75
■
■
•
■''
•
j
j—j_—.
—loo
Consolidated Press
90
Aug
17
Disher
July
Dec
107
Dominion
6%
65/e
61
•b% May
910
60
.
120
60
63
Jan
20
Oil
Oct
Bridge
3%c
,
2.50 Jan
7 4.25
*
"■
2*%c Dec
12 %c
Dec
Silknit
Osisko Lake
Feb
45
Feb
26
$2,000
32
32
32
j———i——
High
200
5%
2,810
3
Jan
6
105
3
Mar
11%
12V2
55
10
Sep
23%
12%
Dec
85c
Co.—:
Jan,
22
10
74
500
15
5
2%c
5,000
45
45
5
i4o
14c
500
.
1.25
100
50
74
1.25
15
__
23%
74
.
•
...
1,25
2c
—"
——*■'■
—
—
preferred
—109
—.
Mines—————————1
Mines & Metals—
—
1.35
a
1.35
Supertest Petroleum Corp ordinary
*
Temiskaming Mining Co
—1
Bonds— '
Uchi 6s
preferred—*1
——_
Shoe
Pend Oreille
I
Low
1.75
■
3% May
..,
7
6Va July
Dec
6
1414 Nov
31
July
79% Mar
Dec
Jan
78c
8
„
2c
34
1.75 Jun,
15
Apr
Dec
Dec
7c
Mar
45
May
Dec,
Apr
19,500
3.00
«3%c
Range Since January)
6
Gas—..:
Selections—
Ontario
1,915
2.90
2%c
3.00
Wrlght-Hargreaves Mines—j——
Ymir Yankee Girl Gold Mines__—
47/a
Shares
High
1.75
5%
•
"A"—
Construction
Humberstone
8 % July
.
Low
—_1_l,
Corp
Dominion Textile———
t.
,
Steel
Foothills Oil &
Winnipeg Electric common.j—
I-lOO
■;"•■■ Preferred —
Co—
Paper
1
.
for Week
of Prices
Jun
91
Jan
Marconi
Consolidated
Dec
25c
24 %c
—i'
Wendigo Gold Mines.
7,".V ' 7; ,7Par
;■
:
■
Sale Price
S&es
Range
Last
Aug
47
840
61
20%;
5.80
935
1,050
4.60.
4.50
Worts, com II"'-*;'
Week's
Friday
STOCKS—
1.42
13
8c
2,100
27
7%c
25c
18
2,250
27
7%c Apr
1.05 Jan
27
NOV
12c
Sep
Sep
1.90 Jun
Jan
514c Jan,
OVER-THE-COUNTER MARKETS
Quotations for Friday Dec. 31
Insurance Companies
Investing Companies
Bid
Par
Aeronautical Securities—...
1
'
—1%
Affiliated Fund Inc—
AAmerex
:
Holding Corp——10
25%
23%
-
American Business Shares-..—1
Foreign Investin^-lOc
.Assoc Standi Oil Shares——2
Axe-Houghton Fund Inc.—!
Bankers Nat Investing—
13.03
,6%
Basic
of
Tr
5%::
3.54
Broad Street Invest Co.Inc.—5
17:63
28.95
15.751
Fund, Ltd—-1
14.37
Inv Fund Ltd—-—.1x3.05;
Bullock
3.65
Canadian
27.69
Christiana
,
29.78
9.40
Century Shares Trust——*
Chemical Fund——————1
10.18
Securities com.—100 2,285 • -J2t 385"
147 7:
-—*
—100
142 "
Preferred
Commonwealth Invest.—.
—1:Consol Investment Trusti——-1
,4.93
Nation-Wide
A*
Series
v
7. .2.14 ; --1 ;,
2.56 % y_y,:;
Series ACC mod—-—
1 ;
2.56
:
ACrum & Forster common—*10 ; x26%%„, 28%
National Security
series——.—1
Accumulative
■
:7 Series A A, mod.—1,
77j'' Low
.
,
.
A8
.
1.18 % -7 77,,
preferred.,.——-.100
%
Crurp & Forster Insurance--!
.
7,!:
.
30 '.
A Common
7287 7 7
A7%,
111%;/jA;-.
x4l50/,
B< shares—-—-10
preferredj—-iu—..100
Shares—...—*
Cumulative (.Trust
Fund—7-————-17; 717.65
.19,08
Diversified Trustee Shares—
77"..4--;
;7
;,C'a——;—-1
■" 3145
—
;
D
-2.50:
5.30
:6.05
Delaware
'
: \.
priced stock, common——
Shares.———1—^.250^
'7 77
'
A.; •"
Fund-————1
Eaton' &' Howard—.
,
Aviation
1 Bank
;
i.
——_
5(80
stock—.—.
Balanced
X19.99
;
A' 7/
=
21.47
,
Fund------—— --1
xll.98
12.87
28.41
31.,
30.55
32
18.94
Stock'
' 17159
.
1.69
M.86
.
X5.06
9.08
3.50
20.89
4.50
7
4.10.
22.89
;5.23
;
Food shares.
Administered shares—
Fully
Industrial Machinery shares—
:
••
6.17
5.56
Investing
—
,
Mining shares-j
Petroleum
Railroad
.
shares—
Tobacco
Utility
•
.
u———5.88
shares—
—:
-
—.—.——.10c 7
Common
-
r
Incorporated Investors..—.5
Independence Trust Shares...:
Institutional
-
19.76
2.17
.
A Series
ASeries
.
.
Trustee Stand Oil
ASeries A—;
ASeries
Trusteed Amer Bank
.Class
Co
'
6.74,
>;■;'
Gas Light
101%
.1963
3s._
102%
„
7
1451
1.55
302
100
310
..^1013%
-.100 1,435
Manufactures Trust Co com—20
Conv preferred
Morgan (J P) & Co Inc.
National City Bank.
37%
:
45 %
20
51%
100
222
-12 %
34%
25
91%
35%
4%
New
York Trust
United States
—
47%
53%
212
Public Nat'l Bank & Trust—17 %
Title Guarantee & Trust—12
,
14%
485
34%'
25
50
235
18%
47%
73%
7 77Ask.
Bid
*——100
Trust,—1001,265
36%:
95%
37%
5Bs
1 ,310
'
Ask
Bid
Public Service
Ask
(Indiana)-^—
3%s series E
103%
103
102%
103%
Public Service (New Hampshire)
3%s series A
^*.1973
102%
1973
107%
108
Puget Sound Pow & Lt—
,
4%s
—■—'.-1972
106%,
111%
108 %,
103
', ,3%s
107%
108%
101 %
——1973
101%
101%
Utah
102%
102%
Panhandle Eastern Pipe Line—
2%s debs————1953
79c
West Texas
Util
3%s_—1973
99%
100
York Corp,
4%s
;—____1958
23.05
■
107%
110
1973
99
Power & Lt 3s—1973
Power &
Light 3 %s—1973
3%s
43c
.
1972
Southern Colo
Indiana Public Service
Power
Power 3%s__ 1968
&
Lt
;
3%s—1968
102%
102
102%
103%
104%
;
23.77
20.60
15.60
Quotations For U. S. Treasury Notes
7.74
Figures after decimal point represent one or more 32ds of a point
17.15
15, 1944Sep 15, 1944XSept. 15,
10
12%
24%'
26%
....
1
tMar 15,
Bid
Ask
100.4
100.7
100.17
100.19
%
...
%%
.———
99.31
100.19
100.21
100,15'
100.17
T%%
%%
1946-
1946..
—
—
1
Maturity—
tSep 15, 1947
100.5
100.6
%%
1945-
XMar 15, 1945XDec. 15, 194515.
'
1944.
Mar 15,
2 ':
——
%
%%
1944— —1
Jun
k
—t—1
Int. Rate
MaturityMar 15,
[,
%
1%%
100.1
99.23
99.25
100
100.2
100.27
100.29
:
!———
Bid
Int. Rate
Ask
100.22
100.24
bO.34
1%%
0:28%
b0.57
b0.58
b0.72
b0.74
b0.75
b0.77
0.54%
Certificates of Indebtedness—
;;■■
t
t%s Feb 1, 1944
——
t%s Apr
1 1944—.
-Vt%s Aug. 1, 1944——-X
'}%s Sept. 1, • 1944——.,
t%S Oct. 1,1944——
(j%s Dec. 1, 1944
tl/«s May 1,1944
•
0.55%
0.70%
0.72 %
0.73%
0.75%
!■
Obligations Of Governmental Agencies
Bid
Ask
United States Treasury
'p5>. -r'
Rates quoted
Bid
.'Ask
Reconstruction Finance Corp—
Commodity Credit Corp—
nVd% ———Feb 15,1945
100.5
:
tl% ———Apr
15.1944
100.4
100.2
0.85s June
15,
1944——;
Federal Land Bank Bonds—
4s
1946-1944
4s
1964-1944—
.
;ioi%
—
1955-1945.
1955-1945—-
:
'
3s Jan.
105
105 %
105|5
1067V
U S Conversion
103
3s
1, 1956-1946
May 1. 1956-1946
Other
102 >
,103%
103%
103%
l3/8%..notes——Feb
ioi%.
101%
•
U S
-
1944
Issuet
Conversion 3s—
Panama
7
100.2
100.4
'•
3sJ—1946
^^u-1947
Canal 3S——_k~1961
Bid
Ask
17,
b0.37
0.33%
bO.37
0.33%
0.30%
1944—
1944—
Mar. 2, 1944—
13,
bO.37
0.33%
0.32 %
Mar.
9,
b0.37
0.34%
bO.37
0.32 %
Mar.
16,
1944,
bO.375
0.35%
b0.37
0.32%
Mar.
23,
30,
1944,
1944.
b0.375
105
;
105%
106%
10774
130
132
Feb
0.35%
b0.37
0.28%
b0,37
b0.37
1944—
1944
1944
20,1944—1
Jan. 27,
F«b. 3,
U S Housing Authority-
0.75%
b0,90
Jan.
10,
1944
Bills
tor discount at purchase
Ask
Feb.
Treasury billsJan. 6, 1944Jan.
100.7
are
Feb; 24,
Bid
Federal Home Loan Bank—
3%s
73
32%
105%
Northern
,70c
!i
Qk-
3s
7;1
29%
,7"7:,7;7"'7':':7Pat
Trust—..
37%;
.
Lt 3%s
&
tDec
.
68 ;
4.85
San Diego Gas & El 3%s—1970
South Carolina Elec & Gas—
Pow
6.38
7.08
Corp——
49%
62%
99%
105%
Delaware
1.70
Boston
7': 46%
4
—
Guaranty Trust
-Irving Trust
Kings County Trust—.
Lawyers Trust
'
dii-—1_—,1973 '104%'-: 104%
3s
Central
15.70
A First
,38%
'
Atlanta
U S El Lt & Pwr Shares A-
12.20
17%;
1963—102%
3%S
5.69
2.45
11.95
36%
132
'
6.33
1
36%
4,70
Fidelity & Guaranty Co—2
'■
Blackstone Valley Gas & EI-^
18.01
A Blair-. &s .Co___
.
-."-7■ Bid ;7
Lin^
14.39
16.47
24.63
51%;
34%
59%
Fulton
90
99%
225
10
83.64
y 18.85
Investment Banking
Corporations
2.98
2.88
49
126%
'
/,,
100
—
7 -";:'::''; /
.7";
~6.53
Union Preferred Stock Fuhd_
7
51
85
100
Atlanta is Charlotte Air
5.79
'
48%
—
Iowa
C._—
Union Stock Fund B—
10.05
24%
;
;
Series' .B____—_.
28%
22%
■
Corn Exchange Bank & Trust.20
45%
Empire Trust
—50
69%
First National Bank
1001,455
1,495
_
1.52
;
——
Continental Bank & Trust.
•
2.16
Series
,
92c
1.16
Investors, Fund C-
Shs-|-
5%
26 %
Fire———.10
U S Guarante0-i._^_w—jj—10"
Westchester Fire
.—2.50
400
383
Calif Elec Power 3%s-—1968
B———-4...25C
15%
36%
3%
-
U S Fire-
.
21 %:
7
20
—10
——
2.26'
Trusteed Industry Sharesi.—25cUnion Bond Fund series l-A.
9.58
.
14.05
X2.27
B_____^_____v_i__._l
.27
U S
:
Ask;
95 %
Trust
;
Shares^-.
—J_—_1
87%'
Springfield Fire & Marine——25
99:%f;
Bid
.—100
Bankers Trust
77.83
■
48
33%
(Texas) ———10
(Paul!
5%
93%
110%
Standard Accident
10
Travelers ———j—.—.106
-
42
Par
X13.51
D—_I
83c
xl.05
22.66
shares—.
shares———
Home
.
CorpL.—*
C—————k—1
of America—10
Bank Group
7; 6.13
Super Corp of Amer AA_t—_l
5.09
■
45
__fl: ■ 7; 30% 'P 32 %
Bank of New York—
;52':7,;-'t
13.07
Shares—t—2%
Wellington Fund.
Insurance Group shares——
Fire————10
Hartford Steamboiler Inspect._10
X2.16
47
..
26%
24 y4
95%? 7
47%
State St Investment
21.25
,
Hartford
j———j—y.10
35%
5.91
c
.
—
(NY).
;
14%
St Paul Fire & Marine
62%
Seaboard Surety—AJ———10
Security New Haven
10
,19%
—
—13.55
Sovereign Investors——L—i_l
Spencer :TraskFund—L_-__*
•
17%
.8,,
42 %
* 44 %
&■■■ Republic———.„5 17"'.7-8% -, 7- ■.' 9 %
& Rutgers Fife Ins. com.
14%
16 VA
preferred
63%
67'/a
American-—j—j—j__8 7 26%
28
9.99
4.80
1.39
Revere
Bank of the Manhattan Co.—10
3.92
Securities: I.td—
Aviation Group
Investment
,v
Republic
■
Commercial National Bank &
X9.16
18c
16c
of Newark———5
12 %
,713% ■
Fire.ij..——y. '27
K 29 % :7 :
General Reinsurance Corp.._.-8
42
45
Franklin,
Chemical Bank & Trust——10
I
u..
Holding Corp———1
Income Foundation Fund Inc
Reinsurance Corp
:
Banks & Trust Cos.
•
3 56
4.15
4.36
A Huron
86%
7
90.17
-4.36
.
82%
Chase National Bank
3.24
7-'4.24
3.84
shares..—3.76
Providence-Washington—-.10
10
23%
89
—.10
64
X2.48
X88.39
Trustee Stand Invest Shs-i^
Indemnity Co
60
xl.95
L——1,
Selected Income Shares—L_
Pacific
44%
:
i4y&
•
105%
45 J/3
,83aA
..25
10
Brooklyn Trust
Scudder,, Stevens &, Clark $■: *
Fund, Inc.—.
Selected Amer
Eire
;Phoenix —jy——j—......10
Preferred Accident
5
X2.58
Plymouth Fund Inc
—J ^.10c
Putnam. (Geo) Fund—L__—1
Republic Invest Fund-
———12.50
Pacific
62%
A
Central Hanover Bank & Trust 20
Series: 1958———Jj—l
6.79
58%
•
.
39%
-
.Series' 1956——l:
3.41
.
3.95
————-
6.16
6.47
,
3.09
shares———
Steel shares--^.:
•
5.59
sharesl "1
77' Series-1953——
X—_*
Series 1955——±—_l
6.51
-
4,62
—.
7.24
8.12
North Amer Trust
5.59
-
5.92
-
shares^-————
RR Equipment
-
>■
4.83
6.58
.
V. 6.12
Low Price Shares—5.08
Merchandise shares————
4.38
v
•'
7:28
6.95
Northern5——
6.49
10.77
7.38
7.64
6.62
General bond shares.—.
■
7,7;
,
5.07
4.60
Northeastern y—v--5:;' ;
41
33%
13%
21%;i
———2.50
147
.Globe
46%
44 'A
Fire=„Jm»———5
River
41
10
30%
10.81
6.16
7.18
6.17
9.55
1
__10
36%:
"f8:38
9.80
10O
10
40%
31%
York
7
191
;
28'A
38
5
■'8%
7%
24%
38%
10
...
—:
Hanover
8.83
r
5.89
•
7.25
5.88
•
.
7 7.62
Metals
Shares—1
New
141
Great
l"
7.27
9.83
North Amer Bond Trust ctfs
New Hampshire Fire
North
.
58%
181
723%
19%
120
2nd
9.67
8.03
•
equipment-!^-— -i
Quarterly; Inc
Groutf Securities—•
•.
• <
Agricultural shares——--—
6.59
; Automobile
shares——i—-- ■
5.34
Aviatipn
shares—
;'. 5.60
Building shares—6.53
7 Chemical shares
———
5.61
;
Electrical Equipment——;
8.62
:<
7 55%
17%
_
6
24% 7
22 %
■
.10
...10
<-;
6.39
6.60
.
——ZE—
7^.Railroad equipment.—±-._—
.
87
5.60
7 7%
'
•
2
National Union Fire——*.*.20
New Amsterdam Casualty—2
New Brunswick
^._10
?
Glens Falls Fire
9.16
-
8.79
;
.—J—
Railroad
.
:
Gibraltar Fire & Marine—
,
12.93,,
%
8124
7
;5.62
,
——————•■;7 4.16
z.ZGeneral Capital Corp.—31.24 7 33.59
General Investors Trust—5.04 7
5.44
:7. B
■;
:.
-:
10:96
stock-ii —t-__—' 7
Machinery -.ii.jii-i.iJL—--iv 7
■
Insurance
.Equitable Invest Corp (Mass) .5
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
(Detroit)—10
39%
7%
Globe
L_—_
L——
National Casualty
49%
;
76%
5%
—
National Fire—
National Liberty.
9%
8%
77%
46%
5
Mfrs Fire N Y—_4
Fire ■ InS w—.y*—--7:'!
15%
Firemen's
47:
7
—_——-i.^——."
Chemical
..
>
.
6.54
9.97
£\
Merchant Fire Assur
54%
61 %
41%'.
7
74
12%
14%
58 34
38%
7%
Fire Assn of Phila
7.03.
412.00
—
k~X Electrical
7 7
'7.36
4.63
„i—j.—
7v; Building supply—j
i.18 7 .1.30
:
•
.
.
X6.66
England Fund-_c_._t——1,
New York Stocks Inc—
7
20
Ask
16%
81%
8-%
..25
—
Bid
14%
78%
_i
513/4;
Fidelity & Deposit of Md
,3.09
v.:
'
Dividend
X2.73
•
,
..
-
,
7- Agrlculture
Automobile
Surety-
"
..5
10
Connecticut General Life
7.36.
,
'
.
Reserve
Employees Group.
Employers Reinsurance
1.33
;.j7 Income; series———^*.—1 7 4.19
Low priced, bond series.!.—
X5.94
Preferred stock series—i—
7
6.34
,
.
;_10
Re-Insurance—.;
Par
Fireman's Fd of San Fran
6.81
Bond •.series—i——-t—i—
New
Monarch
Federal
7':
1.20
Corp„^——X
,Serles-|.
Merch &
Continental Casualty—*.
11.207
3,50
,
.
-7"
12%
15%
City of New York—...——10
10.65
9.90
:
,
11%
14%
—100
5.35
Camden -Fire—22
7
.
21.73
10.25
(Colo), series B sharesX——*
(Md) voting shares.—-Lu_25e
National Investors
2.27
18 %
2%
American
4.54
,
20.21
,
.11%
,
Automobile107'V 36%
^^—2%
6%
Bankers & Shippers
.—25
82
v
8.91
8.10
4.13
Fund
10%
...
:
Boston
37.14
Knickerbocker —j—1
Maryland Casualty
Massachusetts Bonding
22 %
Baltimore American
■
89.10
37.90
IncJ—10
.Securities—V
Invest
38
X4.54
36 7
Shares.—^.—17
Corporate; Trust
.
Mutual
.
74
American
6.34
5.78
ik
36%
70 %
203A
American
9.97
87.32
Fundi——*
Fundli._j._10.
Manhattan Bond.Fpnd Ii:c—
Common ——.i.——_ _!
10c
Maryland Fund Inc
J—10c
Mass Investors Trust.—s*—1
Mass Investors 2d Fuhd_L_—_1
,■
25
7:,- v,
Fire
—10
Insur Co of North America...10
Jersey Insurance of N X
20
:'-543A ;
American Equitable—
5
American Fidelity & Casualty_5
4.30
Fund—k—:
Loomis Sayles Mat
Loorals Sayles Sec
35 %
.
Homestead
148%
American of Newark
13.07
9.05
Ask
.
—10
American Casualty—...
18.14
X3.86
Bid
52%
10
American Alliance—.
,
1-—-
'
140%
Agricultural
25.57
11.87
,
-
10
—10
-
•
.Series 'S-4——:
Knickerbocker
103.29
26.78
16.47
Surety...-
——
:
;
17.42
15.91
23.29
~
:;;7 Series " S-3—_^——_
v.
16.40
9.93
■V
S-2———i.—
Series
.
99.16
America——
Boston Fund Inc„——-5;.
19.24
K-l—
-
Series .K-2—
Par
Aetna, Life
28.49
9.06
Series S-1_1___—J7-——
7 3%
3%,
4%..
,
preferred————5
Industry Shares———10
A6%
Bond 'Inv
Series
14.01
■
A Common
25.97
Scries' B-4__.._'
.76%
.
Aetna Casual 81
Aetna
28.63
X17.50
:B-3-i^_.—r-UiLl.rIa.V,;
•Series;
14.40
13.27
American
27.30
77 Series 7 B-2_.._—
■.
3.58
3.27
v;77;.>::..v;.:.
,
.
Series•. B-l_—Ji.—
.3.54
x3.23
Ask
Funis—
Keystone Custodian
6.84
6.29
Bid
Par
Ask
-
bO.37,
0.32 %
Mar.
1944—
bO.375 0.35%
•No par value,
a Odd lot sales,
b Yield price,
c Ex-liquidating 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.
tin default.
fThese bonds are subject to all Federal taxes.
AQuotations not furnished,
by sponsor or issuer.
'
THE COMMERCIAL &
40
Monday, January 3, 1944
FINANCIAL CHRONICLE
T
BANK CLEARINGS
THE COURSE OF
this week will show,an increase conipared with a year ngo^ Ih®""
liminary figures compiled by us, based upon telegraphic advices from the chief cities
of the country, indicate that for the week ended Saturday, Jan. 1, clearings from all
cities of the United States from which it is possible to obtain weekly. clearings. _
be 6.2% above those for the corresponding week last year.
Our preliminary total
stands at $9,584,695,162, against.$9,024,433,041 for the same week in 1942.
center there is an increase for the week ended Friday of 45.7%.
Our comparative
West
Virginia—Huntington—
Virginia—Norfolk
Week Ending Jan.
1
;
■
+"
; ■
/
-r
Boston
Kansas
Louis
San. Francisco
Pittsburgh
'^r-——--^r
$9,584,695,162
$6,833,916,253
2,190,516,788
4-40.3
$9,024,433,041
4-
*
220.179.404
Cleveland
'
Baltimore—
.
—
cities, :f
Ten
five days-'.
Other cities,
I
Total all
cities,
five days.————-
.
cities, one day—+.■—————
All
all
Total
$9,584,695,162
for
cities
Holiday
4:50.4
i
Macon—™.
45.2
+
r
,,
SUMMARY OF BANK
'
"
'
Philadelphia
Cleveland ——+
6th Richmond ————
4th
.
6th Atlanta
r
Louis--.
6
.
———
City--
.
4
295,553,826
Ilth Dallas +—------—
Total
4-17.6
+
41.6
;
V-;.;
6.2
456,731,299
+ 20.5
54,226j62
39,152,872
4,263,333
+ 38.5
—12.1
3,312,770,055
449,699,233
497,305,909
32.t
194,172,655
:' 164,057,479
+ 50.8
274,673,279
513,257,285
+ 23.9
216,129,597
134,004,428
202,910,261
409,129,633
162,992,442
103,822,852
190,541,766,
140,282,314
103,065,179
333,801,543
+ 74.7
+ 47.5
3,426,421
147,029
58,578,511
266,809,009
+50.8
274,673,279.
6,879,052,488
3,449,758,498
"
32 cities
601,206,945
486,898,536
+23.5
382,767,068
298,050,922
'
Des
1,515,125
—17.1
2,416,408
22,780,120
+ 29.9
22,835,000
18,929,000
2,451,908
:
+ 129.9
2,633,101
2,238,209
8,462,342
28,364,053
2,635,182
1,938,323
12,972,939
11,426,534
6,091,246
5,304,299
409,330
_+:
————i
,
•l;.
371,159
1.5
+
6,321,171
9.7
—
-25.298,294
1,437,533
+ 36.0
+
13.6
14.8
5,447,335
21,895,319
1,163,909
'
10,307,267
+
4,556,913
9.3
—
8,786,774
305,832
365,926
;+10.4
332,498,899
386,654,706
1,377,657
420,527,800
4,063,442
4,254,036
1,913,453
2,059,229
1,606,981
1,457,344
544,138,039
487,514,594
+ 11.6
513,257,285
121,300,000
8.2
+
3,217,865
.
1,490,678
.
1,990,425
,
426,898,825
1,829,737 /
1,014,112
4,239,134
3,458,261
2,069,811
1,549,377
■
:
SSSStMA'
Springfield-;-.--.—;
:•;
'3.350,383
.8,339,170
—
+ ^Decaturi———+'%
Peoi ia—_——
'■
3,743,089
2,077,300
31,666,655
——
—
;
5.9
5,637,810
Illinois—Bloomlngton———
Chicago
1
436,407
~
+
+ 31.2
29,593,000
■.
City—.
;
4,004,333
2,529,423
2,838,535
2.353.752
:
+
767,366
4,160,568
——t
Moines——
Sioux
■'.
202,910,261
Total (17 cities)
4.5
—
6.3
—
10.3
+
1,332,401
1,769,435
/
^,
409,129,633
Eighth Federal Reserye District—St. Louis—
Missouri—St.
Louis
93,400,000
142,600,000,
+21.5
;'+•/- 74,309,711
64,714,318
+ 14.8
56,607,877.
40,773,142
Tennessee—Memphis—47,079,115
Illinois—Quincy—
——j
•
335,000
30,530,065
+54.2
37,534,720
28,378,300
Toiial
173,300,000
.
2——_.
Kentucky—Louisville—:
441,000
687,000
9.5
+23.9 '
238,634,383
235,553,826:
(4 cJtiea)..——.L—-
Ninth Federal Reserve
790,000 -;+
216,129,597 '
162,992,442
District—Minneapolis+ 21,8
5,439.614
4,517,021
3,901,691
3,364,468
150,012,032
107,820.856
+ 33.1
85,835,659
52,654,363
+ 36.3
35,569,715
67,530,789
25,439,283
3,167,471
38,621,208
2,863,532
+ 10.6
2,904,359
2,225,885
1,283,502
1,228,510
+
4.5
964,643
1,292,305
1.207,833
+
7.0
1,010,317
5,546,321
219,542,948
161,805,281
Minnesota—Duluth——————
Minneapolis——
—
St.. Paul
North
Dakota—Fargo
Dakota—Aberdeen—
—
—
..+•, 1.6
835,845
728,317
3,638,265
3,768,044
Total+7;,pities)^—.—-l.———
'
i
+35.7 3
134,004,428
,
103.822,852
Tenth Federal Reserye District- Kansas City—
;
—
Omaha.
——
———_
"Kansas—Topeka
Wichita
—^
214,662
.+ 13.5
2,905,708
+ 16.2
58,948,993
+ 21.1
Js.'--;:
City
40,607,637
3,645,204
154,881,786
5,368,481
.
860,919
..
+
683,151
897,694
715,458
30,166,653
2,314,956
+ 41,8
7,610,255
■;!
Springs—
1,784,915.
3,558,269
97,607,426
0.4
+
3,771,896
,
4.3
3,079,948
525,060
4.7
:
84,374
2,743,197
!
134,944,652
+ 29.6
—
6,35/,140
.
St. Joseph
Colorado—Colorado
121,821
+ 12.7
4,106,979
6,329,770
' ;v: 200,661,261
—
■!
2,563,542
71,397,450
.
—
Missouri—Kansas
vV
I8§j733
Lincoln
•
•
3,375.392
Nebraska—Fremont-.
Pueblo
770,224
546,027,
(9
cities)f
233,866,044
295,279,992
711,505
v
190,541,766
140,282,314
2,296,847
+ 26.3
1,206,361
55,173.885
6,052,506
Eleventh Federal Reserve District- -Dallas—
"
detailed statement showing the figures for each city for the
Texas—Austin
c
k
Week Ended
Fort Worth
■
■
*12.500,000
1,392,616
5,376,100
80.130.151
11,922.835
+ 17.8
2,246,000
2,757,000
9.3
—
1,598,808
855,867
5.9
+
1,273,557
5,056,799
Falls——,——,—;.—!
—
2,868,000
3,379,000
Galveston
9.8
9.6
+'.
91,299,184
11,303,006
/
4,359,538
3,415,516
103,065,179
68,950,135
1940
1941
Inc. or.
1942
100,201,000
—
Louisiana—Shreveport-——-A—i..
25
Dec.
...
+ 26.6
2,010,406
2,544,848
Dallas—.
Wichita
25 for four years:
Total
(6 cities)
7.4
+
115,327,247
123,877,269
at—
'•
Boston-
District
-
Twelfth Federal Reserve District—San Francisco—
—22.2
3,660,698
—22.5
2,791,026
2,236,383
259,522,537
+ 22.7
263,071,070
847,165
241,674,685
-
667,264
727,681
838,390
+
15:2
780,650
338,047
376,141
402,436
+
0.1
936,192
932,845
+
0.4
799,560
3,874,499
3,441,034
+ 12.6
3,602,569
3,387,800
2,435,892
2,509,935
2,902,043
2,425,333
402,605
Lowell——.:—
Bedford—-—~——
Springfield
—
Worcester
New Haven
2.9
—
114,296,-758
13,878,087
11,733,600
5.3
+;•
—20.0
—
521,818
495,616
+
316,812,652
,
Island—Providence
Hampshire—Manchester—
Rhode
—
•
,
(12 cities).
680,688
6,310,288
U-;:13,655r100
—21.6
6,170,411
17,891,900
15,843,608
—
—
,
-
v
6.8
20,200,228
4,933,277
16,680,700
368,321,681
Connecticut—Hartford
i.
-V
4,404,055
H+iil
Washington—Seattle————
District—New York—
Hew York—Albany—
Binghamton
3,949,950
2,467,684
57,700,000
——
————.
Buffalo—
.
870,434
Jamestown-—
<
1
1,032,163
New York
4,692,111,390
Rochester——
9,700,110.
Syracuse
+
——
—
5,277,061
Connecticut—Stamford—7,629,528
New Jersey—Montolair.—
v--v;;.V 897,809
:
Elmira
—
.24,177,159
41,278,256
Newark—
.
484,260
282,718,098
309,822,504
+
. ,
10.7
5,337,227
*
1,215,457
1,061,101
45,000,000
911,153
1
,
552,328
—27.2
Utah—Salt Lake
1.375,935
—
0
California—Long Beach
—
———
—
'
48,809,146
34,709,778
28,905,703
+
4.0
24,021,878
19,289.874
2,543,540
San
Francisco
San
Jose
—J——
3,825.334
+
143.4
Jersey—Trenton
Total (10 cities)—
Fourth Federal Reserve
.
•
3,115,192
2',555,193
+ 39.2
184,097.000
137,599,000
2,887,300
+ 30.6
3,553,882
2,324.434
1,661,665
974,252
+ 70.6
Stockton
5,508,466
4,355,009
+ 26.5
Total
Grand
(10 cities)!
Total
456,731,299
(110 cities)
;
;■++:
.
'■
V
9,047,116,826
+
362,286,838
7,308,632,287
3,637,387,520
4,355,005,416
1'./%
■+■'!+.+ ,'+
26.1,
+
8,577,717
8.3
4,659,144
4,736,414
Winnipeg—j——
7,565,174
4,907,166
Vancouver—!..;——
;
.
•
-
L'
381,501
7 19,982,959
353,668
24,543,988
33,893,017
"+26.9
3,356,573,630
-
'
32,607,428
3,312,770,055
t-o
+ 10.9
+
419,555
+ 15.6
750,000
547,626
32.7
462,648
695,574
7
573,531
531,187
331,295
2.2
1,579,466
1,195,333
+ 18.5
432,000,000
2.9
536,000,000
1,100,323
2,318,991
1,406,363
—
—
1,362,809
—12.9
2,166,097
2,105,931
1,044,276
—13.8
2,042,065
—18.5
1,270,187
1,574,524
1,146,882
1,665,056
6,526,200
3,367,800
9,049,400
541,276,007
548,704,713
449,699,233
-
—
5.8
+17.7
3,312,614
2,816,440
+ 20.8
82,326,144
07,294,082
Cleveland—,———.—--j
201,394,073
167,945,678
124,636,681
17,277,100
201,131,573
12,535,500
+
+
37.8
11,143,400
10,466,200
2,001,179
1,956,871
+
2.3
2,056,595
1,893,259
3,965,453
rsylvatiiefpPittsburgh——.
(7 cities)
-——
4,510,370
255,703,048
250,215,043
0.1
—12.1
+
3.2'
567,948,766
+
5.3:
3,651,228
3,303,019
226,870,250
$
.
■+;
+ 30.1
89,156,324-
33,495,231?
15,311,429
19;056,430i
.,3,7473591
2,615,085'
5,604,699 ?
56, 785,634"
+ 21.0
39,879, 069
+ 11.0
-18,807,,318
53 792,846
+ 11.5' ;
381,118,9 53
35,368,,487
4,756,,112
+ 18.2
7,100,071
6, 007,243
4,204,287
3, 657,524
7,669,620
7, 399,511
+
10,160,439
7 ,697,040
+ 32.0 '
2,867,323
2 ,567,897
+ 11.7
Calgary..^..^
—
!
+14.94
;
3.7
3,485,,559
7,332,,383
■
6,639 ;280
1,975 ,204
5,345,424
2,252,278
2,761,970:
1,698,613
2 ,195,037
+ 12.4
3, 040,241
6, 352,834-
+ 13.2
1,8761,514
■/+«!
2,523 389
Edmonton!—AiLL—;
3,441,246
10,538,501
+ 26.2 5
5,175 .435
Regina———
10,220,949
6, 349,708'
504,272
2,467,046
London!!-!;!.!—
..
674,099
Brahdonui.—
+ 33.7
+ 40.5
966,144
+ 23.8
.
+
7.1
1,305,986
,219,917
Fdrtj W iliiam.!!.!..
1,186,887
,186,464
+ '• 0.1
Westminsteri...
890,082
,122,177
Medicine Hat———
565,624
482,678
Peterborough—I...
1,257,612
Sherbrooke.^—
1,049,333
965,653
977,321
1,505,732
,299,236
5,189,802
,057,336
,
:
——
Kingston—;
277,319
u
■-m
I;+:
1,017 ,914"
88.9
3r527,85li
'3,400;713'
.98 r "::f"
m
m.476,139';
;;750,049
r:
:: '
■;•••
398 736
+17.2
5,29 '
,087
461,738
Lj,033,641
719,352
655,760
284,058
+
715
7.4
775
+
.
30.2
+
15.9
1,168 ,770
965,641
+ 27.9
3,790 2^)
2,767,923
294,789
670,345
'
594,544
802,221
Prince Albert—
Moncton..
:
+■ i.')i
93
;i;?83
—20.7
New
+73
646
+ 10.3
2,714,087
Moose ;JaW—i;l-!i.
938,596
.931,400
i 1,196,002
Saskatoon..
4,258
+ 61.0
1,034,858
Letbbridgd—
«
96,995,276
104,312, 592
30, ,633,788
.
••
■
128,609, 990
....
:
:—
.
Chatham-—
608,902
+ 31.7
417 773
1,629,640
,140,6.93
+ 42.9
1,154 904
814,015
925,429
781,063
——66.7
707 083
4^6,140
952,044
788,471
948 ,483
610,198
444,776
814,761
Sarnia
,271,963
601,206,945
486,898,536
20,' 7
5.3
451 808
+
6.9
1,144 ,827
765,813
+23.5
382,767,068
298,050,922
860,575
1,359,487
+
•
•'
Sudbury—
170,709,272
497,305,909
1940
i94i
.
Halifax—.——
Quebec..
•Total
598,040,488
23'W,.+-
59,955,744
Ottawa—
Windsor.
+ 14.0
Toungstown—.
2,725,558,436
*34,000,000
68,697,335
(32 cities)_
♦Estimated.
•.
\
5,922,964,5H
27.8
+
128, 739,432
167,528,645
,
1,471,404
2,941,967
—
■; ar.'
3,449,758,498
Dec.
•
-
244,513,126
6,879,052,488
Inc.or
146, 576,940
187,302,053
Victoria'-—.—!-
94,657,437
—
2,273,882
333,801,543
Dec.
■
Hamilton
2.9
+ 15.0
—
3,354,894
Mansfield—
•
1,064,363
-
'
114,344,741
Columbus—
,
19,7
Week Ended
s.
3.4
+
District^—Cleveland-
—T—
1,507,683
3,509,567
.
+ 23.8
1942;"
'+.'■, 1943
Canada—'
'.+-14.8
,' + 125.3
Clncinna ti—
Ohio—Canton—
3,266,086
+ 26.5
Santa Barbara
Montreal——.——
363,916
l<
2,020,898: '
*900,0001
7,046,735
2,011,112
180,761,008
;;
3,770,763:
Toronto———.—
637,344,637
——
—.————.
837,356
'
251.709,143
—
___
3,197,406,145
6,144,600
—.
——.——
Wilkes-Barre——
40,593.160
1,189,987
+ 26.2
Kitchener
Scrantoni—i
56,950.473
+ 11.8
9,309,627
Pasadena
3,429,293,990
9,782,054
+ 27.8
—
+
tj-?,.+7+■
622,000,000>525,000,000
1,239,172. VA
1,276,570
—
3.1
—
1,551,670
820,069
3,820,360,097
726|9'19
Chester-iU———————
Lancaster—-————;
77,277,835
59,837,615
30,071,951
City
1,009,820
:+15.6
35,893,186
831,449jUi{.
"
■■•+
75,533,149
36,400,000
+ 60.6
,
420,608
—.
Bethlehem—-
Philadelphia^.
.
District— •Philadelphia—
IPehnsylvania—Altoona—
,;
1,735,424
+
St. John—u———.
Third Federal Reserve
Reading-i.—;—1
1,536,238
52,100,000
A + 1,194,923
■ ;
892,666
3,671,344,763
10,038,243
4,871,052
;
8,950,489
398,445
:
24,902,414
5,346,165
—51.9
8,237,678
,
.
4,847691,544 7
Tdtal (12 Cities)—
V
'
,
.
Northern New Jersey————
74,887,571
Yakima
Oregon—Portland
Outside New York
Second Federal Reserve
''•
.I
595,997
+16.3
■/:;;
694,510
574,787
857,331
2,836,506
318,350,930
Fall River—
T)tal
120,454 1
41,164,046
-
3,319,428
::
L.
+ 44.0
707,422
1.018.751
.
Bend:
5,922,964,581
2,725,558,436
Massachusetts—Boston
per'
..
,244,513.126
19.7
Portland
Hew
30,556,182 :
,
2,096,45^,
161,759
62,586,357
.
-j
23,451,000
District—Chicago-
Wisconsin—Milwaukee
68,950,135
+
Maine—Bangor
York
1,144,447
282,653
3,747,857
Iowa—Cedar Rapids
381,118,953
+ 35.7
1,583,346
31,426,000
41,634,278 -.'i
l: 282,718,098
+ 23.8
First Federal Reserve
Total
37,832,478
—
Indianapolis———..
,
S
:
Dec. %
Wew.
1,550,001
1940
7,308,632.287
1943
New
2,72x,ia5
+ 59.9
5,633,661
3,637,387,520
■
Clearings
+ 20.3
402,333,021
Montana—Billings.
4,355,005,416
add our
76,100,000
1,860,135
1,500,000
.
92,334,823
South
9,047.116,826
week ended Dec.
5,338,867
21,355,466
97,200,000
:•
Lansing
South
548,704,713
161,805,281
4V 123,877,269
30,249,703
+ 64.7
:
——
Indiana—Fort Wayne
309,822,504
233,866,044,, ,,+ 26.3
115.327,247 v+ 7.4
362,286,838
+26.1
U
7,740,141
+ 73.1
45,578,578
Grand Rapids
++■• ;
3,356,573,630
295,279,992
.
+ 106.8
88,100,000
>2,25 /,689
(10 cities)
Total
—--——
We now
•
6,435,100
24,916,975
145,100,000
Michigan—Ann Arbor
5.3
219,542,948
'
"
13,303,681
!'
Seventh Federal Reserve
4-34.7
111 cities
City—;—-—
-
Outside New York
-
i-
M
6
; io
!2th San 'Francisco
.
7
10
164,057,479
32.1
4- 24.6
+ 11.6
.
194,172,655
Mississippi—-Vicksburg——,
+17.7
487,514,594
238,634,383
;•
+
Louisiana—New Orleans—
+ 26.9
266,809,009
402,333,021
M
.
Total
+
544,138,039
•
9th Minneapolis
195,991,369
17
.
—-—
10th Kansas
+
10
.
+,
7th Chicago
7
567,948,766
258,892,082
#<
■
Canada
598,040,488
4,847,091,544
ft
10
.
,
6th St.
637,314,637
*<
12
York
New
3d
195,991,369
2.6.
■
3,528,000
44,060,198
2,398,<08
4-58.6
1941
16.3.
+
316,812,652
3,820,360,097
541,276,007
368,321,681
cities
258,892,082
——
4-12.0
Dec. %
12
—
.86,387,060
28,122,308
,
Inc.or.
Inc. or.
.
: +
Ended Dec. 25
2d
1942
1943
3-'.
"Week
1st. Boston-.
CLEARINGS
31,333,926
———
:
Mobile———.
4-41.8
Districts:
by Federal Reserve
100,443,661
+
"Alabama—Birmingham-———
.,
a summary
1,426,370
+ 38.3
31,818,636
.
4- 26.1
Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which we present further below
we are able to give the final and complete results for. the week previous—the week
ended Dec. 25.
For that week there- was an increase of 23.8%, the aggregate of clearings for the whole country having amounted to $9,047,116,826, against $7,308,632,287 in the same week in 1942.
Outside of this city there was an increase of
19 7%, the bank clearings at this center having recorded an increase of 27.8%.
We .y.
group'the cities according to the Federal Reserve Districts in which they are located J
and from this it appears that in the New York District (including this city) the totals
show an expansion of 26.9%, in the Boston Reserve District of 16.3%and in the
Philadelphia Reserve District of 17.7; In the Cleveland Reserve District, the totals
register an improvement of 5.3%, in the Richmond Reserve District of 32.1% and
in the Atlanta Reserve District of 50.8%.
In the Chicago Reserve District the totals
are larger by
11.6%, in the St. Louis Reserve District by-23.9%-and in the Min¬
neapolis Reserve District by 35,7%.
In the Kansas City Reserve District the gain is
26.3%, in the Dallas Reserve District 7.4% and in the San Francisco Reserve District
26.1%.
l%":
'".1
furnish
1,699,480
5,277,000
54,587,753!
43,123,570
Florida—Jacksonville
ends Saturday and the
In the following we
+ 40.2
u;
J
Terre Haute
j
+ 38.3.
1,602,355
98,311,800
;
——
4-14.0
for the week covered by the foregoing will appear
cannot furnish them today, in as much as the week
Complete and exact details
in our issue of next week.
We
4-26.4
4,525,000
32,647,083
——.._T
Georgia—Atlanta
Augusta
■;
4-45.7
$5,520,660,365
1,313,255,888
475,713,186
610,000,000
—314,078,202
;i__
"
169,938,606
'167,600,000
251,385,000
"298,162,165
533,543
830,835'
135,934,583
(6 cities)-.
Nashville
.
145,226,317
Philadelphia
St,
■
$3,543,651,218
316,306,090
420,000,000
275,619,758
■'"/+. 134,254,591
118,200,000
: ' 224,424,742
187,943,708
176,754,893
123,505,365
$5,163,358,709
York—
New
Total
8.3
4-
58,796;837
i
Tennessee—Knoxville——
jo
$7,815,641,589
—1,769,053,573
„
$
$
Sixth Federal Reserve District- -Atlanta-
1943
1944
1940
1941
5,720,000
„
—
District of Columbia-r-Washington—
■;i-*-'.:--1
+
'
> ~
81,329,561
2,246,443
•
!——
Carolina—Charleston.
Maryland—Baltimore.
At this
Clearings—Returns by Telegraph
;
:
i
936,"741
1,014,412
:
„
Richmond
South
will
for the week follows:
or
fifth Federal Reserve District—Richmond
Bank clearings
summary
Inc.
Dec. %
$
$
'
Dec.'25
Week Ended
1942
1943
j
Volume 159
THE COMMERCIAL
Number 4243
& FINANCIAL CHRONICLE
•
->i
Per
Name of Company
First Nat'l
Bank (Hazelton,
When
share
'
■
(quay)—'
Pa.)
■
41|
•
.
Holders
Payable
1-10
4-10
12-31
Name of Company
•
3-31
40c
"
12-31
$2.25
Per
-
of Reo.
$2.25
12-27
When
Share
First Nat'l
Bank
Nat'l
Bank
Below will be found
preferred and
including those
common
called
The date indicates the
list of corporate
a
First Nat'l
which the details were
3
1
1-20
1-10
Cypress Abbey
Darling Stores,
7
1-15
12-31
Co.,
trust
1st
bonds,
mtge.
due '1956.
1525
Light Co.-r-
1st & ,ref. -4Yt%. bonds,,
.
1-1
12-24'
1-
3
12-24
.
$1.50
12-27
12-20
■,
50c
'1-3
12-20
V/'-/
bonds clue- 19 6 6_i'/./_I
,T!0
V'/V;'
1st mortgage 3,V4%
T
1st
Cloverland Dairy Products
"
Co., Inc.—
14
15
:
Va% -debentures due 1966—=
Dow
(s-a)__—'
$5
1-
3
12-21
$1
1-
3
12-21
$1
12-31
12-23
yi-: $3
12-31
12-20
Exchange
(Va.)
Bank
V,
Extra
$2
—a——''.
Bank
of
1
50c
2-
1
2253
1
12-29
National
Philadelphia Rapid .Transit.. Co.— /:'/;//;/,'/
(Conn.)
<L
■
Portland Trust
—-Jan
1
,
.
*^620
? ■
*
? ;;
1
Mar
:
Apr
All others, in Volume 158.
-
'..H.7
: .7
:;T.;/Tvv,•
The dividends announced this week are:
•
..
Baker
Trust
Name oj Company
"■
*
'■/ ' v;"
■
share
Allegheny Valley. Bank .(Pittsburgh) (s-a)__
Extra ;
American Nat'l Bank & Trust (Chicago)—
Stock
12-20
12-23
12-20
50%
12-22
12-21
Extra
1-10
12-31
1-10
12-31
Beverly
)
National
Bank
& Trust
Semi-annual
(Mass.)
$3
1-
12-28
(s-a)
$3
Delaware
Trust
East Scranton Savings Bank
(quar.)
(Mass.)
(Mass.)
Quarterly
'
6%
1-3
12-23
•1-
2
12-24
1-
3
12-31
SI
2-1
1-20
5-
4-20
1-
1
Hudson
12-28
4Ve%
Central
Central
West
2-28
11-12
Cincinnati
1-
12-24
preferred
1-
3
12-27
3
12-27
6%
$6
First Nat'l Bank
'
(Dodgeville, N. Y.) (s-a)
;
■
'
_
1-
Postal
Citizens
3
12-27
$3
12-31
Collyer
3
12-20
Commonwealth
12-24
12-24
1-
3
12-31
$2
12-15
12-15
$5
12-31
12-27
$7.50
12-«31
12-27
1-3
12-27
1- 3
12-27
2-
1
1-14
2-1
20c
1-25
1-15
*
6%
—
—...
f/
preferred
;
(quar.)
County Gas & Electric—
5%%
'
-
$1.50
-
6%
1-
1-10
1
12-22
2- 1
1-14
2-10
1-31
' V
•
preferred (quar.)^_j—.
Paper Mills, common (quar.).
$1.31(4
V
50c
preferred (quar.)
Calculating Machine' iquar.)..—
$1.50
3
1-15
12-31
20c
1-31
1-15
participating preferred (quar.G2V2c
/McCahan (W. J.) Sugar Refin. & Molasses—
V///7%; preferred (accum.).:——.—
^
$4.50
McCall Corp.
(quar.)
35c
1-15
12-31
12-31
-60c
12-31
12-28
Field
&
Co.
(quar.)
Massachusetts Utilities Association-^-
,/
1
;
'1-
■
5%
t.
2-
1
6% preferred A < quar.)
$1.50
1- 3
Michigan Gas & Electric—
7% prior lien preferred (accum.)•$27.03%
12-29
$6 prior lien preferred (accum,)..—__+.2 $23.17V2
12-29
-6% preferred (resumed)..$1.50 f 12-29
$6 preferred (resumed)
12-29
$L50
Term.
&
12-28
12-28
■
12-22
$1.50
12- 1
11-24
Mill
12-29
9 1/lOc
<1-25
,.
.
12- 7
12-28
Loan,
2-1
1-
Milwaukee
1- 3
12-24
1-15
.
12-31
Monroe
,
2-T
V.:vi- 5
3 V V12-13
,812-18
8Crtb8'2.
112-18
0'Ttc3B
non-cumulative
12J/oC
1-21
5%
pfd.
Bank
(Cleveland)
2-
Port Carbon RR.
States
12-27
75c
12-31
12-15
1-20
•
40c
-
12-22
1-15
12-23
1-17
2-29
HVaC
,
$3
(s-a)—_
Tel
1-13
12-31
12-31
& Tel,
Welding
1-20
12-31
.
$1.50
1-15
12-31
(quar.).
2c
2-
1
1-22
2c
5-
1
4-21
2c
8-1
7-22
:y,; :2c
10-30
10-20
(quar.)—
Machine
Quarterly
Wash.)
12-27
$1.50
12-30
12-27
$$1.50
:
2-
1
1
37
■.
Pacific
Pan
1-10
Vacl
1-3
(S.
Common
12-31
36c
4
12-31
12-21
1/10c
12-31
12-21
.
1
12-31
$1.12 Va
1-3
1.-21
1-
$1
1-15
1- 5
12-24
5
Tool.
Portland, &
Potomac
5Va%
1-15
$1
12-31
$1.50
50c
;
I-
1
12-27
1-
3
1-
6
12-30
12-30
12-14
1-15
12-31
12-31
12-15
3-1
2-15
/Brookfield, Mo.)—
1
1-
2
1-17
12-20
1-
7
$2
12-21 '
12-2
Raver
Power,
7 7o
Co,
5%
1:15:
12-31
12-27
12-31
12-27
Brass,
1
,
(quar.)/.^./.
50c
2-
30c
—10c
6%.
....
pfd.
1_T—
1-20
1-15
$'18.75
12-29
(quar.)..
$1.50
$1.37Va
$1.50
1-10
12-31
3-
1
3-
1
2-15
12-24
12-14
2-15
12-24
12-14
2-1
2-
1-20
1
1-20
60c
(s-a)
1- 3
12-20
1-13
25c
2-10
$1.31V4
$1.75
2- 1
2- 1
1-10
1-10
37V2c
3IV4C
2-1
2- 1
1-15
1-15
5c
12-31
12-23
—
(quar.)....——..
(quar.)..:
•
■
15c
(quar.)__._
pfd.
?,-• l.ra.'XrSPi
„.3- l;r'\ir^ii4?,
.
$32.37
—,
pfd.
1-15^X2-31/
$1.75
"
(irregular).—
1-13
1-25
l-12TVlr:7;
$2.50
(quar,)_.—
5V4% pfd. (quar.)..
Mfg., 6% preferred
preferred (quar.)
1S&
»:
$1.10
,
—
6%
.,
$1
__
jK*
12-U'UiVi2" a >1
.2-.,
$1
(year-end)
(quar.)
Rhode Island Insurance
12-
1-31
(accum.)„_—$15.50
(quar.)
preferred
1
1-3'
(quar.)
Radio-Keith-Orpheum,
Revere Copper &
1
2-
50c
RR.
Ogdensburg. Ry.
preferred
;2-
;.50c
——...
6%
3-21
L
preferred
Electric
12-2
30c
+—;—
preferred
12-21
Prentice-Hall, common (special)
$2.20
Participating stobk (participating).$1
Rheem
$1
(s-a)—-——
„r
class A
Reading
$5c
.
&
Ramsey Accessories Mfg., 6%
$1.50
62 V2C
(irregular)
6%
12-23
$4
Insurance
Co.
12-24
$1.25
——-
(resumed)
Life
Semi-annual
Plomb
3
$1
Philadelphia Electric^.4.4% ]fd, (quar.)....,
Phillips Jones Corp.,i;7% preferred (accum.)
Phoenix Hosiery, 7%>Jst preferred—,
Pittsburgh Cincin. Chicago & St. Louis RR.—
•
2-
1-
4-1
$1.50
common
.———
12-2812-24
12-23
.$2
(quar.)
Hudson
3
$1.50
Co.,
(year-end)
&
1-
„
—'
40c preferred-(quar,)j——
Patchogue-Plymouth /Mills
Paterson
12-2(1
40c
(Spokane,
—_/_;yVK
C.)
12-27
$1,50
■
&
12-27
25e
(quar.)
Lumber
Parker
12-20
1-
$$1,
Insurance
(quar.)
Davis
12-27
3
12-31
40c
Title
American
Parke
1-
$1.50-^
.
—
preferred
$6
1-15
$ss
3
(quar.).
20c
Pacific Car & Foundry,
12-15
2-
Shops, $6 prior pfd.
(year-end)
Northwestern
12-17
1-20
i..
Shirt
12-17
$1.25
Northwestern States Portland Cement (quar.)
12-21
3
12-22
::" 12-22
62V2<5\
Extra
1-1
■
1-
40c
,
Okonite Co.
V:, Extra
12-30
$1
1
1-20
1
1-15
$$6
*
..
1-31
12-17
12-16
2-
$1.50
common..—37Va,c
Power,
States
1-10
1
1-
12-
12-24
V
Nelson, Baker & Co, (year-end)
New England Power, 6% preferred (quar.)..
1-10
12-28
$1.50
12-15
(quar.)
Electric
Common
12-21
12-18
20c
(quar.)
Quarterly National
1-10
12-24
1
1
11-30
3
1-
V
,$1.7,5
(quar.)—
Quarterly
12-31
$1.75
(quar.)—-
1%
12-31
12-20
10c
:
Machine,
preferred
National
12-31
2-15
(quar.)
—
(resumed)
40c
Mountain
1-15
12-31
$1.62 Va
preferred
12-24
1-13
$1.50
Line
Quarterly
75c
Consumers Public Service
Plan
Mountain
12-21
50c
:
$1.25
Terminal
Mount Carbon &
■
"VBt58S ;. 12-26
.
12-23
■
(quar.)
'
Calcul.
Morris
¥-12-26
—
pfd. (quar.)
12-24
12-24
Navigation & RR.—
i./: Extra
V 12-24
$1
preferred
Hill
;
Moore Drop Forging, 6% non-cum. A (quar.)
Moirs Ltd., 6% 1st preferred (accum.)..
,t;l2-15
Realty—
6%
Mine
Valley Barge
VMode O'Day (year-end)
5
>12-28
——
5%
Creek &
Semi-annual
Mississippi
0
(quar.
Alcohols
12-24
,
—
+$1.50
——
»
•
1-15
Medusa Portland Cement—
12-26
$4
:
25c
—
'
-
12-31
37Vic
——_
Marshall
1-20
50c
■
1-10
12-10 '
.
(year-end)
Connecticut River Power,
57o
1-10
75c
Marathon
12-31
Corp.—j5__
(Boston) (quar.)_
Insulated Wire—.
Coro, Inc.
1-8
"12-31
1-17
$1.75
V-'
12-20
1-20
1-15
-
Lorain Telephone,
/
Collateral Loan
12-31
1-
12-37
f
E)e,ct.r-ig4-. -A'
_t—
preferred
Commercial
50c
$1.50
1
15c
(quar.)——-,——--
(quar.).l__.-_^;-
Utility
Common
1-
■
12-28
3
Supply-
$2
$1
1-
30C
preferred (quar.)
Wholesale
50c
(year-end)
(Danville, Va.) (s-a)—
First National Bank
(Denver) (extra)!
SL
1-
1- 3
50c
1-15
3-27
SI.25
(quar.)—
(s-a) 1—311
Springs)
3-31
•
$1.37 Va
preferred
12-24
'
12-28
12-20
12-27
17C
Investment
12-31
3
$1.12Va
preferred
*
Luzerne
12-20
12-31
1-10
(quar.).,
12-27
>
(Colo.
12-22
$1.25
Gas,
3
1-
Light, 4Va% pfd. (quar.)/.
(irregular)
common
convertible
t
/
::
.
Carrera-s,. Ltd.—.,
'• • r
American dep,„ rets.„f.or\,class.;A (year-end)
American dep., rets. fQEr)qlias,?.B (year-end)
6V2%
12-16
62V2c
12-20
12-27
Ordinary .shapesaHi^--r---r--—/-:'
1-15
3
12-22
.
preferred ,(quar.)/iOiG.4—;^—:——:
Life Assurance. Xquar.)'4---~——
Western, .Natural-.;GaS'i Lt„, Heat
Common
$1
.Heel_j.__j/—z":/10c
12-23
12-22
:
Canadian
Central
(annual)^j
& Marine Ins.
Lemer Stores Corp.
■
12-28
3
12-27
$4
Water ,&.,Teleph.one^,-',
& Power,
12-15
3
Lima Cord Sole &
1
2-15
Canada
,
12-20
Leece-Neville
12-31
12-31
—
10c
Nat'l Bank
12r
JL5c
"
50c
—
First Nat'l Bank
1-
3
$1.75
of Pennsylvania™
12-31
Falls, Pa.) (s-a)
(Richm'd, Va.) —
First Merchants Nat'l Bank
Extra
6
12-31
SI
(quar.)______
(Beaver
1-
60C
-
Mfg., common
preferred (quar.)
(A. M.), 7% preferred, (quar.)
Calgary Power, 67a-.preferred (quar.)
12-31
3
1-28
65c
Ma-rchant
(liquidating) —
Brooklyn & Queens Transit (liquidating)^—
Broulan Porcupine Mines .(interim)
Brown-Forman Distillers, $6 pfd. (accum.)l_' ;
——
Trust
Farmers Nat'l Bank
First
Telephone
10c
River Nat'l Bank
12-15
75c
Chemical-—
$1.40
(s-a)_„_
.Extra
River
12-
3
1-
1-28
_-
37 Vic
,
Extra
Fall
12-22
$5
Equitable Trust &-Balt. (quar.)-,—
Fall
$2
'
'
7frust(Pitts/)---
•
1-
$3.75
•:
(quar.)
(Pa.)
:>'■/1- 3
12-28
.
preferred (quar.)
California
1-
10c
-w—-
Bryant, 7% preferred (quar.)
Lee Rubber & Tire...——i_—
12-28
/
12-20
,
20c
(quar.)
(year-end)
Corp.
12-31
(quar.)
;
31Vic
Krueger (G.) Brewing (irregular)
17Vac
Laclede-Christy Clay Products, common..
;:
10c
6% preferred (quar.)—$1.50
12-15
—_
.
80c
6%
12-24
$2
$7
(Lancaster, Pa.)_,_-—.
(Wilmington)
2
Service (quar.)_z—»
Stephens & Shinkle Shoe—.
$1.25
12-21
3v
;':i. 1- 3
Butler
6
SI
,7-(Pittsburgh, Pa.)
Conestoga Nat'l Rank
I"
12-
$3
,
Citizens Nat'l Bank
Colonial Trust
1:
10c
i.s-a>-
Extra•,- j
Common
12-31
$1
—„■
City Rational Bank'& Trust (Chicago), com.
•
(s-a)
(s-a)
Brothers
Kennedy's, Inc.,
12-14
60c
Byers
(Ashlapd, Pa.) (s-a)_
Citizens-Union NjtiUl .Bank, Fidelity & Colum¬
bia 'Trust Co, (Lbiii'sVille,
Ky.) (quar.l^-i.City Nat'l Bank f(jBinghamton, N. Y.) (s-a)-
1
12 ■20
40C
5C
Burger Brewing, 8%
.(Torrington, Conn.)-—
Capital Bank (Cleveland,')
Capital Bank & Trust (Pa.) (extra)
Citizens .Nat'l Bank (Alexandria,:
Va.)
,
3
12-18
12-20
50c:
pfd.
Buffalo Insurance Co.
-l.-_,u—7—------
Brooks Bank
.
C,)-A'-'
Quarterly,
12-28
12-31
i
7
75C
Brink's Inc.
12-21
12-21
$2
Security & Trust (Wash.",' D.
25c
1-
Bridgeport Hydraulic (quar.)
1
-
■
.,
12-21,
70c
$2
:
'
(Va.
12-22
30c
,
&.Trust
Extra
American
of Reo.
12-23
50c
12-10
12-20
1.
Brooklyn-Manhattan Transit
dividend
American Nat'l Bank
.,
Payable
$1.25
■
12-20
Lane
(resumed)
—-Boston Edison Co. (quar.)___————
Brandtjen & Kluge (quar.)
Bremner-Norris Realty Investments, Ltd
When I Holdert
30c
12-20
Kansas City Fire
Kansas Power &
Blair & Co., Inc.
Companies
per
¥.)
12-22
12-31
12-23
.•
V Baldwin. Rubber
■
Bell
and
(J.
5Va%
1-3
12-31
12-
,7 25c
?,
$1.75
1-15
$2.50
preferred
preferred
1-
50 c
,
ord of past dividend payments in
many cases are given
under the company name in our "General
Corporation
and Investment News
Department" in the week when
12-22
(quar.)
A
B
1-
Anheuser-Busch, Inc.
Then we follow with a second table in
show the dividends previously
announced, but
which have not yet been paid.
Further details and rec¬
12-27
27V2c
series
series
Kahler
Appalachian Electric Power—
$1.12V2
4Vifo
preferred (quar.)____
25c
Apollo Steel.
$1
Arlington Mills
(quar.)
$1.50
Atlantic City Electric, $6 pfd. (quar.)
SI. 50
Atlantic Co., 6%
preferred (quar.)
SI.25
6% preferred A (accum.)
:
SI.25
Atlas Acceptance, 5% preferred (accum.) —
17V/2C
Atlas Thrift Plan, 1% preferred (quar.)
$2
Afetieboro Gas Light (quar;)
/ 37Vac
Badger Paint, & Hardware Stores (quar.)—
we
1-15
$1
12-20
12-15
.
V
-
1-25
2-1
12-10
12-
.
(quar.)
—
.American Fidelity & Casualty (Va.) ,(quar.)_
American Motorists Insur. (Chicago) (quar.)
American Steamship (year-end)
;—,—
American Tissue Mills, 7%
pfd. (accum.)—
Anglo-Iranian Oil—1
-('7
/
American deposit rets, (year-end)
—
2198
2-15
2-1
12-11
Kable
American Can
1
1-25
12-31
Johnson
;v
(Mass.): (s-a)—
American Dairies 7%
4
1-25
$1.75
-
Johnson
$1
National Bank (Pa..)
2-
;
12-20
12-20
Amalgamated Sugar
2088
1
Co., 1st & ref. 5 Vis, ser. A—Jan 29
•'■."•V-'."--V
are
Bank
2-15
12-20
12-24
1*
1
grouped in two separate tables.
In the
bring together all the dividends announced the
declared.
$1
40c
5%
Industrial and MicceUaaeou# Conipaiiie#
1
current week.
which
2-15
30c
12-24
,
1920
DIVIDENDS
we
12-20
75c
Manufacturing, common
25c
Common
(year-end$1
' 12-20
•31
I-
50c
York County
1
••
Dividends
12-20
2-15
Extra
12-15
Quarterly
1863
Machinery Corp.—
mortgage 6s due 1947.
12-27
(quar.)^.—-25c
common
James
$2.50
(Pittsburgh)
Workingmanis Savings
,
first
12-29
•
$2
1675
of
Announcement .in this .issue.
1
2621
1
Temple Baptist Church, 1st mtge. bonds—Feb
Tubize Chatillon Corp., 7% preferred stock—
-—Apr
1st
Honolulu Gas Co.
50c
20
A—^-^-X——————————Feb
1st lien 20-year 6% bonds, series A, due 1948—Feb
Twin State Gas fc Electric
12-13
.
.ser.
York Corp.—York Ice
12-21
12-13
10^
Woburn Nat'l Bank
>>
1955^^^-^»i^^K-^UiJan
,
3
12-28
$1.50
preferred :(s-a)---„—')
Honolulu Finance & Thrift (quar.)„/—
•20
(s-a)
(New Castle)
1-
;
''
1-25
12-27
40c
J
7%
•3-
12-31
1
$1.50
(Fort Wayne, Ind.), corn,—
75c
(Extra)—
7
Union Trust (Springfield, Mass.)/ (quar.)
Wisconsin County National Bank (Pa.) (s-a)
Wisconsin State Bank '(Milw.) (s-a)———
2367
15
Springfield City Water Co.,. 1st rntge.,4s, sfel/A, due 1956—Apr
Standard Public. Service Corp.T—v
/
• /
"
•
:/ '
& Tel
-20
40C
(quar.)—!—
(year-end)
dividend
Trust
Union Trust
1863
2367
.
Home Tel
12-31
1-15
$1.25
v
(quar.)
1'
•. —
Stock
1-3
2-
.v
preferred
15c
Quarterly ■
ji
-- a
■.' ~
Banking & Trust (Dallas), (quar.)——
Trust (Phila.)—
Union
2%-3& bonds.dated 1941-L_.-,'_jt.
bonds dated
1-1
12-21
■v',' $1
1
12-10
*
1-15
$1.75
Extra
Tfo
12-
"A
Texas
'jvr-"tVV..',v
—.
1
3
-
?
12-22
1-15
$$2
.
—_
Holly Sugar Corp.,
Tradesmen's Nat'l Bank &
Southern Advance JBa g & .Paper .Co,t-ju.
1st mortgage 4 Vis due
Co.—
i—■
—
(A.)
40c
1
money..1st lien .6'^
Extra
12-31
Springfield Safe Deposit & Trust (Mass.)—
1
3
12-20
5c
1-10
40c
Bk7&
(Lynn, Mass.)
1-
10c
1-4,
5 Va %
Shore Nat'l Bank (Chicago)
South
2619
12-20
75c
(year-end)
Haughton Elevator, $6 prior pfd. (quar.)--Hercules Powder Co., 6% preferred (quar.)^
Hershey Chocolate, common (quar.);
$4 convertible preference (quar.)
12-20-
3
•
•
25c
Trust (Richmond, Va.) (quar.)
Second Nat'l Bank (New Haven) (quar.)—
1
,
1
,
$1.25
1
19
3
12-24
40c
Security Trust
—
1-
5c /,;•/
Savings
11-30
1-
12-16
12-22
12 •21
$1
(s-aT_—
(Pa.)
Trust
1-14
12-15
$1.25
1-1
(Cinn.)—
Reading
-.Feb
Purchase
5c
:
—
Hartford Times
12-22
3
•
1 •3
'
60c
(Conn.)
Trust
12-24
2-1
60c
—
Republic Nat'l Bank of Dallas (quar.)——..
Salmon River Power Co., .1st mtge. 5s due 1952———Feb
Shell Union Oil Corp., 2%%.debentures due 1961—
Jan
Trustees
1
$4
(Cedar Rapids) (s-a)_
Savings Bank &
Quarterly.
.SyPo.wer^Co.-TyV'/y.y;'/y :y;>/y v/y :■
Tennessee" Consolidated Coal
,
l?-22
•'""f'
1
,\'{c 2nd mortgage .conv_.debs„ due .1957
+._Mar
Republic. Sceel Corp.,. gen. <mtge.* 4Visy ser.. :B, due 1961—Feb
Roman Catholic:Episcopal Corp, of. Ottawa— • y;yy
;
.-i'/o bonds duei_1944-1955_ii.».^———-Mar
bonds.
3
:7-
Provident
.2365..
1
——
BanlT
Peoples Savings
Co.,-.Vyy-
1st iien 6%
1-
$3
(s-a)———
St. Louis
3
$2
1
.
-
& Co., 1% preferred (quar.)--L
Hartford Steam Boiler Ins. & Insp. (quar,)-
11-22
35c
1
Northwestern, Nat'l Bank of
yy,>:y
1958--—
.
(year-end).
Corp. (quar.)
40c
Extra
2582
■■ :;.v yy:
1957—Dec 28
'Memphis..Land,. Co.—r
Oil-
'
T-
12-20
-■
12-22
$10
i_
1
:
'
South
3
3
$2
New Britain Nat'l Bank
1
.Feb
—
Finance
Harris
12-24
11-
60c
;
V^'t' "Extrsylii.—1^-—f"
Nat'l Bank of Washington (Tacoma)' (s-a)i- :
serial notes, due 1945T946-.
St. Joseph Ry., Light, Heat
1st 4Vis due 1947
'
Crude
2-5
■'
70c
;
(quar.)—$1
Optical, $3.50 preferred (accum.)-$1
Worsted —t./' /
50c
Guarantee Co. of North America (Montreal)-~
Quarterly
$$1.50
Me,)—
1134
Philadelphia Electric. Power Co.,, 1st mtge. 5 Vis due 1972—Feb
Phoenix Hosiery Co., preferred stock-;————;
Mar
Price Bros. &
" 2-15
——
$3
1134
-—Feb
u.,
1-
50C
1
.
Theatres,-Inc.-~
25c
Electric, $1.50 class A—_ '
Goodall
12-24
$2.50
(s-a)
12-27
12-21
X* 3
12-15
12-29
—
of Newark
12-27
12-31
General Mills
12-23
12-23
75c
Boyertown, Pa. (s-a)
(Norfolk) (s-a)
State Bank
12-31
75c
General
1-20
S2
1
1
Western Oil
mortgage bonds due
12-20
12-31
General
Mar
Feb
Corp.,. 3J&.& debs, due 1949——Feb
1
Tilford, Inc., preferredi,—_Mar2Q,:
.Pennsylvania State College—
)
/.y/y-yy/
1st
12-27
Fox River Paper, 5% preferred
(quar.)_____
Frick Co., 6% preferred (quar,)^
12-24
$1.50
1958-Mar
&
Poli-New England
12-18
1 12-22
Fort Pitt Brewing (irreg.)--^—ii—i_^_412 West 6th Street
1-20
1-3
•f
12-31
12-29
Transportation (year-end)
Insurance Co. of Washington and
Georgetown (Washington, D. C.) (s-a.)-i-
12-24
$2.50
("Portland,
1
$2
N. C.
General
(quar.)
Bank of Commerce
1-
1-15
W.
'
••
2363
collateral bonds due
12-31
-
2-
Detroit
of
Semr-annual
~
$$3
12-29
&
Firemen's
1-25
A
12-31
Fall River Electric Light
12-24
37 Vic
2583
5 %
2-1
12-31
•
12-18
Egry Register (year-end)—25c
Equity Trust Shares (bearer shares)
lie
Registered shares
^
11c
12-23
12-23
$2
$3
:
(s-a)—
1-15
12-31
12-27
40c
T.
,12-22
$2.50
—
National Bank
2-21/
50c
25c'
•___
Chemical, $4 preferred A—
Mfg (quar.)
1-24
—59c
E.
12-22
12-31
50c
.
City Gas Co. 1st mtge. 5s, due 1946
Feb
1..
Lexington Ry., 1st. mortgage 5$ due 1949—-——i—Feb
1
Co., 1st untge. 6s due. 1947———Feb > 1
Nice Ball Bearing Co.—
-.
,-V-v•;:-"5"vv
1st mortgage 3%,-5% bonds-due 1945—————
~Jan
3
3Va%
12-31
$2
————(v::
———
———-i'v-
National
50c
12-22! 1
Federal
(Chicago) (quar.)
County Nat'l Bank (Pa.) as-a)
National
:
Telephone-
Duff-Ncrton
3-27
2469
Monroe Coal Mining
Park
12-22
■,
12-27
National Bank of Commerce
Kansas
Pacific
3
4-: 1
Mercantile Trust (Md.)
■
Iowa Pwr. & Light Co.. 1st mtge. 4V2S, ser. A, due
Iowa Power & Light Co., 1st mtge. 4s, due 1968—
Iowa Southern Utilities Co. of Delaware—
4
Cleveland Navigation
State
$1
Manufacturers
■>
(quar.)———
Diamond
12-27
■;
»
;
■/,'
: *
PV o
Stock Yards
Distributors Group, preferred (resumed)—.
Dominion Fire Insurance (Toronto) (s-a)__
1- 3
2360
Realty Co., Ltd., 1st mtge. 4s»due 1951
Jan
28
Flint Capitol Building Co., 6%' serial bonds dated 1927—Jan
1
Great Lakes Power Co., Ltd., gen. mtge. 5s due 1957-—Feb
4
Greenboro Apartments, 1st mortgage bonds due 1944—Jan
1
Gulf & Ship Island RR. Co.
1st mtge. ref. &, terminal 5%.. gold bonds due 1952—Jan
Hawaiian Irrigation Co., Ltd., 6% bonds dated 1909—-July
1
(quar.)—___'
37VaC
(quar..)—10c
12-23
1-3
Alliance Bank & Trust (Rochester,
Y.), common (quar.)—
4% convertible preferred (quar.)
Lincoln
Bank
& Trust
(Louisville, Ky.)—;
Quarterly.
l—-ia
Lynchburg Trust &< Savings Bank (Va.) —
2359
1
(T.)
International Rys. of Central America—•
1st lien & ref. mtge. 6Va% bonds 1947—-
1-
3c
preferred
12-22
3
Lincoln
,-:v
—Feb
.Deep Rock Oil Corp) 12-yr. 6%:/debentures.
1-
6%
& Co,
Union
Detroit &
12-27
\
Long Hook & Eye (quar.)
$1
N.
1y/' y
De
1
E.)
50c
Liberty Nat'l Bank (Wash., D. C.)
1
.'1st mortgage 6 Vas tBated-19.28..~„_./.;_/__-___._.-l—>lan
Continental Telephone Co...5J/a.%: debentures due 1963—Jan
Eaton
$2
87VaC
(Lex,,Ky.) (quar,).
.
Lancaster
2249
!
>
2-
37VaC
«
,
(quar.)
-•—
Semiannual
/.
■
bonds, series E, due l969————Feb
mtge.: 3%%
(Summit, N. J,) (s-a)
$1
.Feb
Cincinnati Union. Terminal
12-21
(W.
Denver
Lake View Trust & Savings
1
/.
1
Dean
—;■:
■
Nat'l
Extra
series,.Di ;due 1962——Mar
Cincinnati Gas & Electric Co.—..
2359
.3
Chicago.& Western. Indiana
:
1728
...
1st mtge. 3%%
Jan
Chesapeake & Ohio Ry.—
I
1
Ref. 81 inipr. mtge. 3%^-bonds,, series E, due'.1996—-Feb
1-3
$1,50
(Lancaster, Pa.) (s-a)—
Home Nat'l Bk. (Meriden, Conn.) (year-end)
Indiana. Trust (Indianapolis) (s-aL———
Iron & Glass Dollar Savings Bk. (Pitts., Pa.)
•
>■'bonds, series A, due 1369
12-21
,
'
(Toms River, N, J.)
—:
First Nat'l
Fulton
Apr, --1
■.Central Power &
Bk. & Trust
Extra:
1
Power
12-16
1-3
50c
1
1953
Electric-
Nat'l
Quarterly:.-
—-Feb
due
California
,
First
First Nat'l Bank
debentures
Brooklyn Borough Gas Co., 1st mtge. 4s due 1965———Feb
,
1-1
'
"
Page
Date
'/
.7.
Corp.l 5%
Continental
&
AJ'
12-24
$5
'
————:————
First Nat'l Bank & Trust
Company and. Issue—
American,- British
Resumed
3
$5
.
given in the "Chronicle."
"
,*
(Roanoke,
1-
$1,50'
-
(Princeton,
Bank
■
N. J.) (s-a)—
Va.) (s-a)—L—
First Nat'l Bank (Wilkes-Barre, Pa.) (quar.)
First Nat'l Bank & Trust (Greenfield, Mass.)—
last date for piak-.«
or
ing tenders, and the page number-gives the location in
Bank
First Nat'l
bonds, notes,
stocks called for redemption,
under sinking fund provisions.-"
redemption
(Northampton, Mass.) (s-a)
(Pen Argyl, Pa.) (s-aI
of Reo.
12-
„
First
Holdert
Pav'ble
Courier-Post, 7% preferred (accum.)
$1.75
Crowell-Collier Publishing, 7% pfd,
(s-a.)—
$3.50
Cunningham Drug Stores (quar,)_—25c
"
^
of Company
Name
Voting
'■■■'
12-24
$2
<12-24
$3
12-24
12-20
$3
12-24
12-20
$2
12-24
12-20
';.»2
12-24
12-20
'
1'*,. '
'
I.II in "I >1
I't'il
'
p.|Vii„l-n'.n n'
rn
guaranteed preferred (extra)
guaranteed preferred (extra)
Rieke Metal Products (quar.)
:
—
Riverside & Dan River Cotton Mills, 6% pfd.
Rose's 5-10-25c Stores (extra)
—
6%
Royal Typewriter, new common (initial)
1%. preferred (quar.)___
'St. Johns Dry Dock & Shipbuilding—
1
,1-15
1-3
12-23
Colonial-Trust
12-15
$1.75
y;i- 5
12-28
Telephone,
Southeastern
12-20
12-20
12-15
;
$23c
//;
25c
12-20
v:V.'"- 50c
12-27
75c
Fire
Travelers
1-20
1-
3
12-30
1-
3 y
12-30
1-15
Empire
1-15
Farmers & Merchants Nat'l
1-28
1-15
3
12-15
3
12-20
1-
•
2-10
25C "
2*
$1.25
1
1
?
53c
2-
1 /
1
2-15
4-
1
3-15
First
1-15
First Nat'l Bk,
2-15
Quarterly;
3-15
A 4- 1
12-31
•
,y
$1,12 y2
$1.25
25c
4-
■■■
1-
$$1.25
:
(quar.)
Bank of Philadelphia
common
90c
25c
/
.
Extra
60C
•
$ X'!
12-15
1-4
,
(quar.)
Canada
of
Co.
preferred
vNon-cum.
•
weeks and not yet
paid.
Trust
American
3
12-31
1-
3
12-18
12-20
1- 3
12-20
si
(San Antonio)
$1-.
7'.
Trust (Mobile)
/
American National Bank
American Trust Co.
%
conv.
1
2
15c
(quar.)
1-15
'
12-
^
1-
3
i
12-15
1-
■■/:/ $3
,
1-
3
12-15
40c
1-
3
12-22
80c
Babylon Nat'l Bank & Trust (s-a)—
Bank of Commerce & Trusts (Richm'd, Va.)—-
1-
3
12-22
Extra
Bank
York
New
of
20c
;
Bank
of Yorkfcown
/12-16*
1-3
3 2-24
3
1-
3
'
1-
$3
1-
(s-a)......
(quar.)
H
Barnett
-
Nat'l
Quarterly
Blackstone Canal Nat'l Bank
Semi-annual
Banking &
Louis (quar.)
(Wilson, N. C.)—-
Trust
& Trust
Trust
^(Mass.)
Brooklyn Ti'ust Co.
Bank
of
(N. Y.)
i
12-29
12-18
12-21
1-
12-31
Trust
(quar.)
3
12-15
$$4
11-
3
12-20
$3
1-
3
12-14
1-3
12-22
$$1.50
2-1
12-31
$2
1-
2
12-16
1-
3
12-
1
50c
1-
3
12-
(quar.)
(s-a)
Mass.)
&
(quar.)
$2
1-
3
12 17
1
12-21
50c
1-
(N. Y.)
—
Trust
I
CO
12-21
(quar.)
(Wilmington, Del.)—
(Richmond, Va.)
50c
3
12-17
1-3-44
"(q"uar.)'__y____.
3-24
1-
12-21
1-
12-21
1-
$$1
1-
1-
12-14
1-
25c
1-
3
1-
2
12-28
1-15
■
50C
(Milw.)—
3
I
12-20
1-
37
12-20
1-3
;
1-15
j 12-30
3
12-17
Bank
1-
3
1-
3
$5v
1-
3
$5
(s-a)__
'
(quar.).
(Boston)
Mid-City Nat'l Bank
Trust
Loan
Trust
(Chicago)' (quar.)__.
(N. J.)
(Ontario)
-
Montgomery County Trust Co.
City & District Savs.
20c
$1
Trust
Bank
1—
(s-a)
Bank"
12-31
12-24
'
■
National
Bank
National Bank
1-1
12-31
$1
1-3
12-20
(Phila.)
(s-a)
(Ontario)
of
&
$6
Fitch,
National Boulevard Bank of Chicago
3
12-28
;12-31
1-
.
12-31
2
12-23
•
/?
1-1
$3.25
12-24 '.
1-3
$2
12-20
12-20
1-
i
1- 3
12-20
:,/T- 3
12-20
X- 3
12-20
75c
(quar.)
.
'
12-21
3
1-3
80C
$1.50
(quar,)___
1-
Products
1-15
1-
12-18.5
3
1-10
12-22
12-17
1-
12- 4
3
3
12-4
1-
3
12-14
1-
3
12-14
1-
3
12- 4
1-
3
12-31
I" 3
11-30
1—
Bank
American
6'/o
Note,
1-
3
12-15
3
12-15
1-
2
12-20
1-15
12-31
12-31->,
1-15 /
Can
12-31
(irreg.).
1-
3
12-10
1-
3
12-15
12-1
1-1
.7
1-
1
1-
American
Co.,
Casualty Co.
tji-SOc
;v
75c
12-20
2
.
12-15
Conv.
;
12-20
1-3
12-24
'
•
Cities
American
A'
American
Class
12-10
American
5%
1
1-15
12-31
$1
1-
12-
$2
B
Power
optional
3
5%
(quar.)____
preference
series
(stock
12-18
1-
4
12-20
12-20
1-
12- 9*
1.,.; 12- 9*
$l3/4
1-
$3
3
,12-22
12-16*
l-.l
12-20
1-
1
12-24
1-
1
12-11
37»/2c
2-
1
1-10
15c
1-
3
12-11
15 c
1-
3
12-11
1-
3
12-1
10c
1-
3
12-20
2-
1
preferred
———
(quar.)__.
Discount
Co.
preferred
American
dividend
l/64th sh. of class B or
of
Georgia,
common
-—_______—
American District &
1
1
1-15
12-17
<Ss
cash__
Cyanamid Co., class A (quar.)____
dividend
12-24
■!
1- 3
2-
12-20
$1
12-15
;
1 -3-44
11-30
3J2y2c
:
,y 12-15
1-2
12-20
12-10
15c
3
1-
12-11
12-31
1-; 1
$3Va
>
Light, $3 class A
(opt. dividend series of 1936) l/32nd share
of class B stock or 34%c in cash—
1-15
1 "15
1-1.
(Reading,. Pa.)--
1-3
■
,
.
12-15
1-3
7
5
12rl0
—
pfd. (s-a)
7tV preferred (quar.)__
Pipe Co.,- 6% pfd. (s-a)
Cast Iron
;
1-
3
1-
5C
Bemberg Corp., 1%
Ame'rican
.
common
(quar.)
preferred
American
1
;
1-
•
__7—;t
American
3
;
12-4
1-15
(quar.)_///*_
class A
Corp.,
12-24
3
:;
12-20
1- 3
37y2c
- $1
12'/2c
________
6% preferred (quar.)
12-18
1-
$21/2
2
3
1-25
1-
:
.
:
1-15
$1 0-j
$3 \
?
/.; 75c ■
$$3.25
;
25c
'
preferred (quar.)__
preferred (s-a)___
(year-end)
Mfg.
12-21
'
$1
(quar.)
Brass
3
& Trust Co,
:
3.
1-
$$2.50
__
Inc.____—
Straus,
&
3
1-
50 c
Detroit—,
of Germantown
(s-a)
1-
.
1-10
,
1-10
(s-a)i_
(New Orleans)
(Del.)
1-
2-
$3'
•
*
—
^____
$2
62y2c
(quar.)
Saving & Trust (quar.)
1-
1-3
is
:•
40c
of Commerce (New Orleans)
-
Extra
12-31
3
•
National
(Conn.)
,
12-15-
■;
SI
.//
(quar.)__;
.
12-31
$11, -3-44
C.) (quar.)_
12-13
,
12-15
1-15
$5
(s-a)
Bank (quar.)
(N. Y.)
(Roanoke, Va.)
12-13
1-3
;
,
12-20
'
L".1 1- 3
20c
$1
Munsey Trust Co. (Wash, D.
1-
v,
$3
$40c
(s-a)
(s-a)_
>'.> 60c
37y2c>,
J.) .(quar.)
(Mass.). (s-a)___.
& Savings
Montclair Trust
(N.
$5
$3....'
.
(Mobile)'* (quar.)'_,n
—____—1
Newark
12-15
1- 3-44 12-18
•■*:<75c .;
(Albany); (quar.)vK
■ij
Mountain
1-
8c
•
r. r 40c
National
12-21
3
■
_
Extra
Montreal
1-
50c
Trust
Merchant^ National Bank
12-23
3
1-
■
43%c
1-20
Stores, common (increased)
; 25c
1- 2
5% -preferred (quar.)
$t%
Aluminum Corp. of America—
"
v
•-/ '
1-1
preferred (quar.)
— ;■:
Sl'/a ' '<
1- 2
Amalgamated Electric Corp. (interim.)
• $30c
1- 1
Amalgamated Leather, 6% conv. pfd. (accum.). • ;; ♦ $1
2- 1
Amalgamated Sugar, 5% preferred (quar.). 12V2c
,
1-1
Common (quar.) '
'/;5c
3
American Aggregates, 5%
preferred (quar.)
$1.25
1-15
American Airlines, Inc., $4.25 conv. pfd. (quar.) $1,0614
American Alliance/Insurance (quar.)_______
^;P,25c ovl-15;-;,
Allied
12-31
4
50C
(Mass.)
(quar.)
Merchants & Mechanics Bank (Ga.)
3
1-
40c
Allied
Quarterly
Merchants & Farmers Bank
1-
$15
7:
/$iy2
v $7. preferred
Cquar.)__*_____-___7__lZ.___ •/'?;•' $1%
Albany & Susquehanna RR. Co. (year-end)-/.
$3.80
Algoma Steel Corp.i Ltd., 5% pfd. (s-a)____
$$21/2
Allegheny & Western Ry, Co., gtd. (s-a)—
$3
12-24
75C
;
Bank
12-23
25c
»
N. J.) (quar.)
(quar.)_
=
12-22
1-3
$4
/ Alabama Power,
12-24
3
$1.50
$2 conv. preferred (quar.)
;
Midland Corp._____—
Exchange
1-3-44
Insurance (quar.)
40c /;
Extra20c
(quar.)
:—30c
'/
> Extra,:20c-■/;'■
Affiliated Fund.
.
3c
Agnew-Surpass Shoe Stores, 7% pfd, (quar.)
; $$l3/4 /
Agricultural Insurance (Watertown, N. Y.)_
:
Quarterly
75c
Extra :
--'r-/*/**;-,,
25c
Ahlberg Bearing Co., class A (quar.)____„_ 78%c
Air Reduction (quar.)
—
•
25c
Akron
12-15
15c
Marine
National
12-20
35c
25c
:
12-15
(s-a)'__
Manufacturers Trust Co. (N. Y.), com. (quar.)
Middleboro
3
12-21
1-15
12-31
1:4
12-24
1-
$1%
(Cincinnati)
2-
50c
Semi-annual
'
$1
Bank
Quarterly
Central
rH
.
Central National Bank
3-311}
$1.50
$$2
25c
.$$2
________—
Quarterly
Central Nat'l
1-3! 12-31
1- 3:5 12-27
—
Bank & Tr. (New Orl,)—./
>"
Semi-annual
Midland
1-
;
3
Aetna Life Insurance
$1.50
Central Canada Loan & Savings Co. (Toronto,
Ont.)
'
$1
Louisiana Savings
12-20
1-
Aetna
60c
50c
(quar.)
(Ontario)
12-21
$10
*
1-
$2.50
& Trust
3
—
Glove Works, 6 V2 % preferred (s-a)__
Addressograph-Multigraph Corp.
Aero Supply Mfg.,. $iy2 class A (quar.)____
Aetna Casualty & Surety (quar.)
.
?
&
Abraham
,
(Providence)—.V
Trust
3
1-
1-3
25C
__
12-20
1-
$3
.$1'
:
Acme
50C
1
(Putnam, Conn.)__.
Trust (Portland, Me.) (s-a)__
Central Hanover Bank & Trust Co.
1- 3
75C
;
Resumed
Extra
12-24
12-15
.
(Baltimore)
Bank
Trust
Abercrombie
$50c
Merchants
1
$2
Industrial and Miscellaneous Companies
$3
______
(New Orleans)
Bank
Mtge.
Merchants
3
$62y2c
./
'
.Extra
Trust
3
1-
1-3-44
;•
8
:
(N. Y.) (quarj_—
Lawyers Trust Co. (N. Y.) (quar.):
Liberty National Bank (Chicago)
(quar.)__
Liberty Trust Bank (Roanoke, Va.) (quar.) J
Lincoln
National Bank (Newark, N, J.)—
Marine
12-23
/
Union Trust Co. (quar.)
(Staten Island, N. Y.)—
Abbott Laboratories,, 4%
Irving Trust Co.
Menotomy
i- 2
30c
j
Semi-annual
Bank &
12-31
:$2
t
(s-a)..
Commerce
(quar.)
Canal Nat'l Bank (Portland, Me.) (s-a)
Capital Nat'l Bank & Trust
(Hartford)—'
Casco
3
$2
(Ontario) (s-a)
(Ontario) (quar.)
(quar.)
Broekville Trust & Savings
Cargill
1-
50C
British Mortgage
Canadian
•
1-
..
Brookline
12-15
/'!■;
;■
...—
Boatmen's Nat'l Bank of St.
Branch
$2
HKp,"
12-21
,12-21
1-3
35C
...—;
(Rhode Island) —
12-30
3
1-
$1
Co, (N. Y.) (quap.)_——
Bank (Jacksonville, Fla.)—
Bankers Trust
3
1-3
50c
—
3
$1
12-21
12-16
•
$$2ya
(quar.)
Bank of Port Jefferson (N. Y.)
of Nova
12-16*
1- 3
$3.50
(quar.).._._.._..—__L^:
Scotia
Bank
1-3
10c
(quar.).
12-22 /
1-
(Chicago)
Trust
Saving
&
National
Wilmington
$13/4
Industrial
3
—
•
Y.)
I.)
&
Whitney Nat'l Bank
(Chicago)—
Quarterly
•
1-
$1.50'
12-20
60C
(Chicago) —
Bank
Nat'l iBank (Springfield)
12-15
20c
;
12-20
y, $1
.12-18..
;
(Brooklyn)
(s-a
(N.
(R
Bank
Trust
12-15
$$1.25
Imperial Bank of Canada (quar.)
Indiana National Bank (Indianapolis, Ind.)
12-31
3
1-3
1
50c
preferred (quar.)__
Bank (Fla.)
(s-a)
National
12-20
3
Extra,-
Western
12-20
1-
(San Fran.) —
Bank of the Manhattan Co.
I
3
3
Semi-annual
3-20
3-31
3
1-
v
West New Brighton Bk.
$1
(Nashville)
Trust
Wells Fargo Bank &
r 1-15 ; 12-31
1-15
Mich.) — ;/
Bank
Street iBank
Illinois
12-25
10c
Atlantic
High
3-31
12-20
-
$3
:Semi-annual
3-20
1-
50c
<.[,
1
•
1-3.1:12-15
1- 3 ! 12-10
\
(s-a)__
iBank & Trust (quar.)
Nat'l
Hibernia
—
Quarterly,——
4
4-
//;;; $1
Quarterly
American National Bank &
>
:
$3
(s-a)
Bank & Trust (New Oil. (quar.).
Alamo Nat'l Bank
12-31
1-
w ; /■ 1- 3
/:•
3
1-
$6
25C
Waterloo
12-31
$$1.25
Nat'l
Harvard Trust (Cambridge,
:•/ 1- 3
$1
(quar.)-_
(Pittsburgh)
Allegheny Trust Co.
I
$1
(quar.)_ ;
(Conn.)
Savings
&
Hartford Nat'l
of Reo.
■
12-31
1- 3
i- 3
$iy2
Trust
Hartford-Connecticut
Holders
Wallingford
Wheeling Dollar
Bank and Trust Companies
Wften
Uptown
Wakefield
12-15
1-
>./
Payable
1-
$6
(quar.)
.(Newark,
National Bank
12-16
t
'
Quarterly
Harris
Per
$1.25
—
Exchange
Halsted
12-13
$10
12-22
50c
(Ontario)
Semi-annual
Share
3
1- 3
(Phila
Co.
Hackley Union Nat'l Bk. (Muskegon,
preceding table.
3
2-23
25C
Guelph Trust Co.
these being given in the
Name ot Comvany
1-
f,
$$1.25
Guaranty Trust Co. (N. Y.) (quar.)
Guaranty Trust (Toronto)
(quar.)_^_______
The list does not include divi¬
announced this week,
dends
12-10
1-
Semi-annual
(quar.-
Glastenbury Bank & Trust
dividends announced in previous
give the
Ala.)
(quar.)_*_
Bank
preferred
conv.
Trust
4-
Resumed. ■
we
12-20
3
$2.50
Trust
Trust
(Montreal)
Valley Trust Co. (Rochester)
Genesee
12-14
3
1-
(Portland, Ore.) (quar.)__
(Boston), common..—
Bank
United States
States
$1.75
Trust
General
Y~)
(N.
Fulton Trust
Nat'l
U.
States
$1.50
12-16
-1-15
3
1-
;,// $1
United
1- 3 i
$1.75 '
$3.00
(Atlanta, Ga.) (quar.)"4
■
Vi-.
$3 tp
^t.y
(Indianapolis) (s-a)
Trust ; (Phi|a.)
(s-a)
Trust
Trust
Industrial
United
!
12-22 ']
y.*-
$3
12-29
j
7
12-
12-20
1-
(quar.)
Corp,
(Pittsburgh)
12-
2-29
-
12-23 a
50 c
(Indianapolis, Ind.) (quar.)
1- 3
I
$3
12-20
;'-i
(quar.)
;
(Montgomery,
Haven
New
Trust
87o
,
9-30.'
1- 3
1- 3
25 c
United Loan
1
6-30
-
-1- 3
.
$3
$$iy2
.
(Youngstown, O.)—.
1-1
40c
-
Frankfort.
Fulton National Bank
Girard
Below
•$2
'
/
,3-31
10-2-44
(quar.)
?/.;':Resum.ed'
3-27
'
12-31V
1-3-44
4-1-44
Extra.
S.
12-20
50C
Trust
Bank
12-27
3 .«
■}
40c. :
40c
(Portland, Ore.) (quar.)/?
First National Bank (Ramsey, N. J.) (s-a)__ First National Bank of St. Louis (quar.)—
Fletcher
1-
3
7-1-44
■
12-21
V- 1- 3
$4
.
40C
First National Bank
12-28
2-1
.1-19
"
;
12-20
1-
$2.50
(quar.);
Trust
Union Trust Co.
4- 1
3
$2.50
•.
Union &
(Palm Beach)—
8
12-27
10c
Machine
1-
General
Bank. &
Union
First National Bank of Pittsburgh,
.12-20
1
12-27
$$1.75
Worcester
l
12-31
/■/:' 45c
(Alexander & James), 1% pfd. taccum.)
Suburban Electric (year-end)
:
/:
r
3
12-27
1-
$1
(Toronto) ,(s-a)*:*/—_
Trust (Ithaca, N. Y.)—
(Ohio)
Co.
1- 3
;
$1.50
■
2-15
2-
$1.50
(accum.) _________——
preferred (quar.)
(Boston)
Albany
1-
$20
$1.50';
Extra
1-31;7h,1-15
12-28,;
'
;■;/
(quar.) __
(North Easton, Mass) (quar.)
First National
12-15
12-21
75C
$24.50 ;
3
1-3
Bank
National
1
12-24-
5-15
1
6-
$2.50
7
12-31',
1-
(quar.)
(Conn.)
Union
12-24
5-15
12-30
3
s,
$3
.
3
1-2/44
2-io
;
3-1';
! y 6-1
3
1-
Quarterly-.,
1-
■
$1.25
of
Union Natl.
25c
1-2-44
.
1-
(s-a)*,
Underwriters Trust. Co. (New York) (quar.)
Union Bank & Trust (Los Ang;)li.(quar.)i__:
?
$1
1-25
12-24
$3.50
(quar.)
12-31
National Bank of New York
First Nat'l Bank
1-25
12-20
3
40c
Bank & Trust (quar.)____
Trenton Banking Co, (N. J.)
(s-a.)—>
Trust Co. of-Georgia
(quar.)____
50C
2-10
$1.25
3
1-
;
Torrington Nat'l
1-15
i
2-
37y2c
v
1-
$2.50 12-21-44
Trust
Extra
12-23
12-20
$2.50
Toronto
12-18
___
'
:
(quar.)
.
12-14
12-27
3
1-
Bank
7''
v.;
12-
ir. 3
1- 3
1- 3
,
25C
,
3-
3-1
$2
$4
$2.50
Toledo
;
Quarterly1
Quarterly
'
50C 1
$2ya
,
$2 y2
4
12-15
.
2-1
r
12-17.,-.
37y2c V/
(quar.)
12-21
First Nat'l Bank of Mount Vernon (N. 'Y.)—
.
12-17
3
Va.)—
Quarterly,;'
Quarterly,.
Quarterly,..
Quarterly
Tftompkins County
Quarterly
(Kansas
Bank
3
m
■
12-26
National
11-
:
Sterling Trusts Corp.
12-31
Bank
Bank
Commercial
Texas
State
3-20
3-24
3-31
40C
(quar.)
Bank: (Chicago)
National
State Street Trust
12-24
■
12-14
3
1-
$1
(N. Y.)
(Norfolk,
Bank
City Nat'l
12-16
;
2-15
50c
si
12-31
City)
(s-a)__
(Media, Pa.) (quar.)__
1-15
53c
•
J2r20
3- 15
v
25C
/,/'
12-31
3-15
; 50c
.12-25
,
(Memphis, Tenn.) (quar.)
First National Bank (Mobile, Ala.)
(quar.)_
1-15
1
3-
4-
//'/ 53c
(quar.)
Bank of Hartford
12-14
■
(Houston)
>,"1
•
First Nat'l Bank
2-
,
,12-29
■■
National
First
/ 1-17
58y3c
Weymouth Light & Power <year-endi
Portland Cement (year-end)—_
Yates-American
-
I,'
58y3C
58y3c
Wolverine
Wood
Extra
First
3
l•
$2
/ ri
(s-a
(N. Y.) / (quar.) ^
(Greenwich, Conn.)—
(Conn.)
12-14
First National
12-21
.:
(R. I.)
Norwalk Trust
South
fl 75c
(s-a) _______
First National Bank of Chicago (quar.).:—
12-14
$1.25
Bank & Trust
East
South
12-20
Boston
First National Bank of
1-10
:
12-31
87j/2C
12-20
J$2
Nat'l" Bank'"(Binghamton^"~N/~Y~)"""(-a)"
First
1-31
3
1
,
12-15
12-20
50c :•
Ltd., 5%
(George)
2-15
i-
:
;
:
(quar.)
Security Trust (Lexington, Ky.)
—
(quar.)
Baltimore
1 12-20
Semi-annual
(quar.)__
(Atlanta, Ga.)
Bank of
3
Quarterly
South
12-21
i-
(Hartford)—
Trust
Boston
of
Seattle-First National
12-23
12-30
12-23
Bank &
12-15
1-
(Seat-
:
:
Co.
3-14
i-
';Al $1
(quar.
State
Seaboard
$$l»/2
First
National
12-17
??'■
(Hartford)
Rensselaer Co. Bank & Trust
$$2;
(quarj__<
Bank. (Nebraska)
Trust
Public Nat'l
>
First National Bank
90c
Phoenix
,
:
12-1
$16
;
$
12-17
$3:
12-22
$1.50
National"
tie,. Wash.)
$2
12-15
12-27
1-
$1.50
Peoples-Pittsburgh Trust (quar.)___
Philadelphia National Bank (quar.) ________
$iy3
12-20
12-15
10c
Peoples National Bank of Washington
12-17
!
v:$7
1
1-
3c
.
12-20
3
^
12-31
40C
Park Street
Omaha
Putnam Trust
(quar.)__—__
,
12-15
87y2c
$8
12-22
30c
,
(quar.)
Bank Los Ang.)
1-
$4.50
I 12-24
I 12-22
Quarterly
.....
•
Fidelity Bank (Durham, N. C.) 5 (quar.)
'
Fifth, Avenue Bank (N. Y.) (quar.)_j_
Fifth Third Union Trust Co. (Cinn.) (quar.);y
1-
$1.75
;
(New York)
Trust
12-14
4-
.$1.25
3
Providence Nat'l Bank
(quar.)
(Halifax)
Co.
1-10
M'i.i: $1
(quar.)
—
$4.50 preferred: (quar,)
Washington Ry. & Elec., 5% pfd. (quar.) —
"5% preferred (quar.) _///-_-5% preferred (semi-annual basis)
Waterbury Farrell Foundry & Machine—
:
Quarterly1
Webster-Eisenlohr, '7 % preferred (accum. )_
Western Insurance Securities Corp.—
preferred
Trust
Eastern
1
1-
$$2
(quar.)
3
25C
'
1-28
12-20
(Pa.)
Trust Co.
City
/
Quarterly
1-28
2-
Oil
20c
Y.)
(N.
37'/2C
preferred
6%
Trust
12-28
1-
.
1-22
1-1.
$10
(Chicago)
Co.
Pilgrim Trust
(Chicago)
Bank
National
Dunkirk
20C
prior preferred
Weston
Canada
of
20c
$1.12y2
.
-
i
Bank
12-15
$2.50
Norwood-Hyde Park Bank & Trust Co. (quar.)
■
Quarterly
(quar.)__
(quar.)
Durfee Trust Co. (B.M.C.)
(Fall River)
Eastern Canada Savings & Loan (Halifax)'—
12-4
2-1
Trust
50C
(s-a)
(San Fran.)
Nat'l Bank
First
Drovers
1
12-15
Sunshade (quar.)
Union Oil of California
(quar.)
Union Stock Yards of Omaha
_
United Cigar-Whelan Stores—
':;v"/:■>
$5 preferred (accum.)
United Light & Railways Co. (Del.)—. .
T'.ii prior preferred
(monthly)
$5
3-
3-15
30c
| 12-31
12'/2 C
Crocker
Dominion
;
Washington Gas Light
Northeast
1-3
(annual)
(White. Plains, N. Y.) (quar,)
12-15
3
25c
Co.
1-
12-17
$1.50
(monthly)
7% prior preferred (monthly)
—
6.36% prior preferred (monthly)
6.36% prior preferred (monthly)——
6,36% prior preferred (monthly) _
6% prior preferred (monthly)
6% prior preferred (monthly)—*
—
6% prior preferred (monthly)
Van Camp Milk, $4 preferred (quar.)
12-20
1
1-
3
1-
2-
Ltd.
Co.,
York; Trust
1-
County Trust Co. of Maryland
County Trust
12-17
Troy
1%
3
1-
New
Northern
12-13
12-13
12-16
25c
—
1-
1
12-17
1-10
_~
(annual)
Insurance
National
(Cambridge, Mass.) —
3
1-
50c
preferred (quar.)-—
—
Taunton .Gas Light (quar.)——
—
Taylor-Colquitt (reduced) (quar.)———Telluride Power, 1% preferred' (quar.)
6% 2nd preferred (s-a.)
Terminal Refrigerator & Warehouse (s-a.) —
Terre Haute Malleable & Mfg. (quar.)—:
Thatcher Mfg., $3.60 preferred (quar.)
12-2 3: J
12-23
1
1-
,
$iy2
(Toronto) (quar.).
(N. Y.)
(quar.)
Nat'l Bank (Phila.)' (s-a)
Trust
2
3
Nat'l Bank & Trust (Phila.)—
12-27
;
$1.12y2
6%
■
,
1-
I-
12-23
$1
__
;>
12-27
_
(quar.)
v
1-
1-
1-3
$2.50
t
35c
$1
12-28
50c
12-20
50c
12-23
Briquet, $2 conv.
Ray Drug, common
12-20
3
7
.
$1.50
Semi-annual
45c
,
Sun
3
1-
;
County Bank & Trust
12-13
$1.75
pfd. (quar.)___
Strathmore Paper, common (quar.)___
6%
preferred (quar.)——
Sun Oil Co., 4'/a % class A pfd. (quar.)_—.
1-
12-
___—
Corn Exchange
37V2C
pfd. (quar.)
(vear-end)
$2
20c
Quarterly
12-15
■
12-27
25c;
Acid & Sulphur, 7% pfd. (quar.)
(year-end)
Berkshire Power & Elec. (year-end)
Southern Franklin Process, 7% pfd, (quar.)
Oil
3-11
1-18
2-25
$1.75
Common
States
3
12-17
1-
10c
(s-a)
1
(quar.)
Commercial Trust (Jersey City)
(quar.)
Commonwealth Trust (Pittsburgh) (quar.)__
Continental Bank & Trust Co.
(N. Y.) —
3
3
Southern
Stott
:
1-15
Southern
Standard Brands, $4.50
1-
1-
1-15
$2.50
common
3
4-
Commercial Nat'l Bk. & Trust (N. Y.)
3
12-27
convertible™ preferred (s-a)—-——
6%
1-
24c
.
(irregular)-^r„r
Products
Sonoco
1-
y;' /
3
50c
;
&
"
'
quarterly,
Increased
12-31
1-13
1-15
■
50c
& Power (quar.)
Shawinigan Water
3
:
Quarterly
Trust (Kansas City)—
Commerce
1-20
2-10...
,50c
41.25
.v'50c
preferred
Shaw-Walker Co., 5%
1-
Columbus Bank & Trust Co.
Water'■
Shasta
3
(Waterbury, Conn,) (quar.).
(Columbus, Ga.) y
1
3
87y2c
preferred (s-a)• •
American Shares
112-23 V
'i 12-24 '
1-
(quar.)-____________-
(N. Y.)
Trust
1-
12-17
1-
$3
Banking (year-end).
Trust____________
L'' ■*'
National Savings Bk. & Tr, (Wash., D, cj—Quarterly:
—
National Security Bank (Chicago) (quar.)__
National Shawmut Bank (Boston)
(quar.)
National State Capital Bank (N. H.)
(quar.)
Bank
Safety
Extrs*'' '
15c
—___
3
National Newark & Essex
National
'
$1.50
Bank .(Calif.) (quar.)
2-
Extra
7%
(quar.)
& Savs.
Citizens Trust
.Clinton
(Pa.)
Trust
$1.25
'
Selected
Clearfield
$1 371/2
.
'V
$1.50
1-: 7
$1.75
preferred {quar.)__.
St. Joseph Ry„ Lt. & Power (quar.)
Schaffer Stores, q<U preferred (quar.)Schenley
Distillers
Schuylkill Valley Navigation & RR. (s-a) —
Scythes & Co., common (s-a)—1
3
'
•
3
1-
90c
(s-a)_
(Bait.)
Marine Bank
National
"
12-17
1-
1-14*
: 25c
12-10
: 1-15
1-
3
1-
$l3/4
of Rec.'
$2
$1
j 12-15
i 12-21
i 12-20
1-
$lJ/2
12-21
12-20
15c
S3
J
3
15c
12-15
-
85C
5Vz%
,
12-30
30c
:
1
1-
.
When
Payable
(s-a)
(Baltimore)
National Central Bank
12-15
3
Holders
Per
share
Name of Company
of Reo.
2-
70c
45C
(quar.)
Chemung Canal Trust (Elmira, N. Y.) (s-a) ;
Chicago Title & Trust (quar.)_^
Citizens Commercial Tr, & Savs. Bank (Cal.) —
Quarterly
...______.__.jyu—_
Citizens & Mfrs. Nat'l Bank (Conn.) (quar.)
Citizens & Southern. Nat'l Bank (Ga.) (quar.)
12-20
12-24
;:a
7%
1-
I$1
(quan)____r—
National Bank (s-a)
Chemical Bank & Trust (N. Y.)
12-20
Non-voting common
Dividend obligations
When
Payable ]
Chase
12-20
$3
.
common
HXtlSi
Name of Compana
of Reo.
Chartered Trust & Executor
Fredericksburg & Potomac RR.—
Richmond
When
Payable
i Holders
rer
share
Holders
Per
share
Monday, January 3, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
'42
Telegraph (N. J.) —'
(quar.)
Felt,, 6%
preferred
——
(quar.)—___
$1.25
$iy2
1-15
12-15
3
12-15
1-
'
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
r
Per
When
Holder•
ihare
Payable
of Reo.
.:v-.When\- Holder*
:
:
•'
Name of Company
.
American Pork
American
& Hoe,
thart: Payable
'•
■
Fruit' GrQwers_-_._,:____.u___~__
American
$1)4'
64 -preferred (quar.) v
Furniture/74 preferred (quar,).%. ? i $1.75
Gas &■ Electric, 4%% pfd.,.(quar.)i-: $1.18%
American
American
Hair
Felt
&
Co., common
1-15
25C.
.=
1-12
,
11-
I2V2C
:—
3
1st
$6
Home
American
American
64
Products
(monthly,)
(irreg.).^—
$1.(4
.,V
.
preferred
conv.
1-
$14
—.
12-23
California
$2
preference
American
(quar.)i^^w-IW~——m--;.---;'
&
Light
64' preferred
Traction,'
•V 50c
Callite
12-10.,
2-
1
2-
'
1-15
1
•
Maize
American
News
Products, common (quar,)
(bi-monthly)
1-15'
25C
1-15
1-3
30c
-
1-15
1- 5
Co.
American
Optical Co. (quar.)
Rolling Mill—
44%' conv. preferred (quar.)—
American Snuff Co., commonA.—
25c
12-15
1-3
12- 9
Canada
Southern
Canada
Wirebound
3
12- 9
'11-. 3.
12-11
1-3
12- 6
1-
$1.50
1
25c
'
$1%
,
.•
5(5
12- 3*
'1-15
12-15
Bottle, pfd. (quar.i
87V2c
1- 3,
12-20
,
12 (4c
l-l
11-30
•;"v4:
$1(4
1- 3
12-10
$21/4.
0( quar.);,%.;
1-
3
2-
$lVa
••
1
(s-a)'_Ul__%■:
75c
Angio-Huronian,
,;
Ltd.: (interim)—,
i_
Light, $6 pfd. (quar.)-..;
Canadian Fire
prior preferred
12-24
•
6-24
8 4
preferred
non-cum.
Athol
Canadian
:*
12-15
12-15
preferred
(s-a)
Automobile
preferred
Insurance Co.
& Sons
preferred
64
partic. preferred
Barber-Ellis
Co,
of
$54
Bath-Iron
Beacon
1-3
12- 4
1- 3
12- 4
1-
12-20
1-
1-6
12-10
preferred
5(5
(quar*.)
63 %c
1-1
1-
1
1
RR.
Central Kansas
certificates
12-20
12-13
1-1
7(5
12-13
1-
1
3
12-15
1-
3
12-15
___
&.
Central
12-10
12^ 6
1-
$1
,,
,V.tv
(quar.)
Stockyards,
'
1$1
11-30
181.75
1-
'
1$2
'_.
3
preferred
Benson
&
Bessemer
.
6(4
Bests
<quar.)___
common
1,
1-
50e
.
.
Hedges,
$2 conv. pfd.
_;____/
.
Bickford's,- Inc.
(quar.)
;
1
12-21
..
..
.
4
E.)
$3
Boston
Boston Insurance
Stock
Bralorne
1-
(quar,)_____
12-17
1-1
12-15
;
12-29
-
3
1- 3
75C
;
pfd.
12-15
1-
3
12-10
1-
3
12-20
;
$4
ls-a)
British
Columbia Telephone— "
120c
A
(quar.)
.
preferred
Brown-Forman
common
preferred
i$iy2
Steel
1- 3
>
12-20
12-17
Dun
12-17
1-
1
12-17
$1.75
1-
1
374 c
1-15
'
interest——__
1-15
;'
12-20
12-31
1-
12-10
1-
4
$14
/.'
$14
1
1-
1
1
12-10
1- 1
12-10
$1.25
2-
1
1-
3
12-20
$3C
1-
3,.%.
11-30
Inc.__
(quar.)
15C
1-15
non-cum.
12-28
12-28
12-27
1-28
12-27
&
pfd, (quarj $$1.37 y2
(quar.)
$81 y*
(E. I.)
1
$14
1-
3
1-
1
::
12-20
75c
12-10*
1- 3
$60e
12-15
de Nemours
&
1- 3
59c
:
12-24
1- 3
12-15
1-
$1.75
11-27
1- 3
$iy2
12- 1
1- 3
,
75c
(quar.)__^
12- 8
1-15
75c
12-20
1- 3
12-10
SlVa
1-25
1-10
$1.25
1-15
12-31
$iya
Co.—
1
82
1-2
12-15
,
__________
:
,
1- 2
12-15
1-18
12-31
1-1
81'
50c
"/://%• y„:%
(accum.)
$1.50
,
■
12-18
T c;:
________
75c
1-1
12-15
$iy8
"
—
1-1
12-15
:
$10
conv.
Eaton
Paper
$3 50
Corp.—
1- 7
12-21
1- 3
12-15
:
non-cum.
Common
■
50c
12- 3
$25c
1
12-15
81%
1- 3
12-4
81%
1-
1-
3
12-
4
,■/
preferred
(accum.)___.^
Easy Washing Machine, Ltd.—
/
r-
12-21
1-1
$14
124 c
1- 3
12-3
1-15
—w____$81%
;1- 1
*1- 3
Worsteds—
Steamship Lines Inc.—
/'
preferred (quar.)
Eastern Steel Products, 5% pfd. (quar,)___
Eastman Kodak Co., common, (quar,)„_____
64 preferred (quar.)
$2.
12-15
'
814
'
Eastern
1-3
1-
:
$1%
1, 3
12-15
$25e
I- 3
12-20
$17V2C
1—■ 3
12-20
3
12-15
814
1-15
12-31
$1%
1-15
12-31
$iy8
1-
12-15
.
1"
(initial)
pfd.
3-24
6(5
Mines, Ltd
1- 3
12- 3
1-3
12-31
1- 3
2-
1-17
S 12-27
1- 3
/
12-15
$ i y*
1- 3
12-15
$1.50
50c
■
$1,75
:
1- 3
3''
12-20
1-20
$1.75 ' vi 1-15
1- 3
12-20
12-31
1-
12-15
1-3
12-15
1-
12-10
$1.50
3
*
.
3
i
12-15
1- 3
12-17
1-
$10c
^-15
75 c
$1,374
1.—
1
1- 3
12-31
_
12-10*
12-11
1- 3
12-11
10c
1-15
12-31
1-15
12-31
2-15
1-31
$5
1-3
1-3.
1-15
1-
4
1-15
1-
4
$3
1-15
1- 4
3
12-15
:
Emerson Drug Co., 84 preferred (quar.)___
Emerson Electric Mfg., 74 preferred (quar.)
$3
preferred
Connecticut
(quar.)__
—%
Insurance
(quar,)
preferred (s-a»
preferred(quar.)__
Gas Elec. Light & Power.
(quar,)
Consol.
12-20
1- 3
12-20
75c
1-
12- 4
1
54
preferred
Excelsior
3
12-24
12-24
31 %c
1- 3
12 20
Consolidation,Coal* $2.50 preferred
3iy*c
1-3
12-20
2-1
12-24
12-31
90c
preferred B (guar.)
preferred C (quar.)__
'.
,•
Consolidated Laundries, $7.50 pfd. (quar.)
Consolidated Retail Stores* com. (increased)
8(5 preferred (quar.).—
1- 3
1- 3
1-3;
$iya
1- 3
12-15
$1
1-3'
12-15
$i7/»
2-1
1-15
25c
$2:
1- 3
12-1T
1- 3.
12-15
12-17
$25c
1- 1
12-15
$43%c.
1-1
12-15
(quar.).
62y2c
1- 1
.12-16"
Consumers Gas Cq, (Toronto* Ont)
(quar.)_
m
1-3
U-15
*
$1.75
common
preferred (quar.)_
1- 5
12-22
1-
12-22
75C
1-
12-27
1-
12-27 /
1-
$1%
1-
12-14
$14
1- 3;.
12-14
30c
_______—;
12-14
1.-15
1-
3
25C
(Ontario)
1-15
25c
4-
t
1- 3
I- 3
12-20 5
3-20
I- 2
12-31 »
25C
1- 3
12-18
1- 3
12-18
$14
3c
4-
1
3-18
Rubber
Co
I>.
64
Services
C.> *
Finance
Corp.
(quar.)____:
_______
Extra
1-
I
12-15
1- 3
12-23
3-11
50 c
1-15
12-31
1-15
12-31
$1%
1-15
1-10
50c
1-
3
12-23
80C
1-10
12-31
40e
1-10
12-31
44
$1
I- 3
12-21
82.
1- 3
12-11
60c
1-15
12-31
75e
1-15
12-31
374c
1-20
1- 5
62yac
1- 3
12-13
1-
12-20
pfd. (quar.)_
(quar.)
Firemen's Fund Indemnity (extra)
Firemen's Fund Insurance (Calif.)
(quar.)
Co.
of
__
Tire
&
Rubber
First National Stores* Inc.
(quar.)
Fisher Brothers, $4 non-cum, pfd. (quar.) __
$5 preferred (quar.)
Fishman (M. H.) C<k, 54 conv. pfd. (quar.>
•
1
Pennsylvania
Filing Equipment Bureau,
Firestone
12-15
12-11
4-
$1.50
Fidelity & Guaranty Fire Corp. (Bait., Md.)_
Fidelity-Phenix Fire insurance (s-a)_—
Finance
3
1-1
374c
(Wash.*
—
Fenton United Cleaning & Dyeing—
74
preferred (quar.)
1-
$2.50
35.C
common-,-:——__—_______
preferred
12-15
50c
(quar.)
3
20c
....
—
(N. J.)
12-15
1-
$2.50
Faultless
1- 3:
374c
(quar.)_
(quar.)
Farmers fa Traders Life Insurance Co. (quar.)
Federal Insurance
i
$$1.60
(s-a)
Creamery, common (quar,)__—
$1.50 preferred B
'
$1V*
(quar.)
Life Insurance
12-20 I
1-15
1- 3
v
$1.25
(quar.)___
$1.50 preferred A
12-10'
25e
12-20
56y»c
4%% preferred (quar.)_
Falstaff Brewing Corp., 64 preferred (s-a)_
Family Finance, common (year-end)
12-31
1-3
3
25c
preferred
Federal
2-1
$20c
$iy*
4(4(5
Steel* Ltd.,
12-15
1-.3
(Balt.)-
4(5
Consolidated
1- 3
25c
$3
Bakeries of. Canada Ltd._____
Consolidated Dry Goods Co.___.
Consolidated Edison Co. of N. Y.~~
$5
75c
29c
General Life
Special'
12-27
1- 3
15e
35c
Johnson Corp., common__________
preferred (quar,)_:__________i________
Engineers. Public Service, $5 pfd. (quar.)
$5ya preferred (quar.)__
$6 preferred (quar.)J
Eversharp, Inc., common (quar.)
3
1-
$1.75
Endicott
:
1-
1-
50c
Emerson Radio & Phonograph (quar.)______
Emporium Capwell Co., common (quar,)
4'/24 preferred (quar.)
+.:
Connecticut Gas & Coke Securities—
•
12.-22
$1
____________
Connecticut Fire
6
81.60
12-11
% 1- 3
1-
8c;
54
75c
preferred (accum.)
Insurance (quar.)
15C
1-
1-15
!- «
$3.50
64 2nd preferred (s-a)__
12-15
2-1
shares
;/:'/; 74
12-21
Concord Gas (N. H.)fc 1%
.
Common
15c.
3
1-3
1-
2-
Ely & Walker Dry Goods, common (extra)__
1st preferred (s-a.i_.
,
12-21
5c
/
Consolidated.
3
1-
.
Musical
Fairmount
12-17
1-
3
$1.75.
1- 3
■
1-
12-21
2-
(irregular)__I~_—
Eimira & Williamsport RR. Co,—
7 4 preferred
(s-a)
12-20
$1.50
Connecticut Light & Power* com. (year-end)
Connecticut & Passumpsie River RR.—
12-15
1-15
.1-.
■.
Industries—
&
American
12-24
.
$1.25
$1.50
:"
(quar.)
(quar.)
Utilities
1-3
$1.75
12-21
idc
:,
$6 preferred
12-20
1-
$1.25
(quar.)
Share,
1-
15c
75c
(quar.)
(quar.)
Electric
12-20
1-
_________________
Electric Household!
; 12-11
" 12-27
2-1
..
1-
(Texas)—
(quar.)
64 preferred
A
&
preferred
54
12-15
3
*
■''*;
$5
12-17
3
1-
preferred
Electric Bond
1-4411 -15-44
'1-3
-
81.751%
preferred
50c
"
(quar.)
Co.
Mfg., common
54
2-15
'5-15
-f'8-15
1-3
$1.75
>
!
1
9-1
6-
A
Electric
Elastic Stop Nut,
Elder
3-1
preferred
Paso
$4.50
•
$1%
1-3
1-
1-3
$1
" 12-20
Community Frosted Foods1st partic,. preferred (s-a)____
12-17
1
1-15
$25c
v
1- 3
$14
—
12-20
1-13
.
$5Qc
75C
$1%
(quar.)
Manufacturing Co., 84 pfd, (quar.)
Electric (Del.), 64
pfd. B (quar.)
Paso
74
EI
12-20
Electric—
(quar.)
preferred ,(quar.)__..
Commonwealth Water & Light Co.—
,; $&
preferred (quar.)
;
$? preferred (quar.)
;>
.12-15
$1.50.
1-3
$3c
(quar.)
preferred
eVafe,
;
1. -,12-15
"
Willans Gold
(Daniel)
Commercial .Alcohols,, .-8 (5
preferred (quar.)
,Commercial Investment Trust (quar.)
12-15' :« Commonwealth Water Co., 5%(5 pfd, (quar.)
1- 3
1-
$1.25
__
25c 10-14-44 9 -14-44
$1 y»
Pacific Ry.—
•: 12-20
1- 3:
(accum,)___
El
$1.75
$15c
pfd. (quar.)
preferred B (quar.)—_
Texas
6 -14-44
$7 preferred (quar.)
Columbus & Southern Ohio
12-20
,12-24
$1%
conv.
&
—__
12-20
:
1-12
ioc;.
■V. $1 %
(quar.)__
(quar.)
Orl.
Edwards
12-23
$1.50
(quar.)
preferred
:
4V2(5
3 -14-44
25c 7-14-44
_u_
New
preference
25c 4-14-44
'
Paper,
74
12-21
12-27
2
6(5
pfd.
25c 1-14-44 12 ,14-44
(quarterly)__
'
•;
1-15:
.
15c
Systems, Ltd., common (quar.)—
preferred B (quar.)_____________
5(4
12-10
1-28
44
4%4, prior preferred
Eastern Massachusetts Street Ry.64 1st preferred (accum.)
1-10
15c
__
3
1-5
Bradstreet, $6 preferved (quar.)____
preferred'*" (quar. )___^_w
64: preferred
12-10
1-
;
$1%
pfd. (quar.)
1-
$30c
Eastern Gas & Fuel Associates— *
624 c
,
12-10
(quar,):——„4
_____________
:
__i
1-10
12-30
$35c
preferred (quar.)
Duquesne Light, 54 1st preferred (quar.)
Durham Hosiery Mills, 64
pfd. A (quar.t__
Eagle Picher Lead, 64 preferred (quar.)
East Pennsylvania RR, (quar.)
Eastern Corp,, 54 conv. prior pfd.; (s-a)___
■
3
1-15
81 Va
81.18
12-10
1- 2
__
85.07
(quar.)—
pfd. (quar,)__
1- 3
7
/'l- 5
$4ya
12-31
1-15
$$1.88
Duplan Corp., 84
$1,75
;—
12-21
1-29
________________
1- 1
12-17
'■
12-
2-1
$$iy»
-$$1.75
(quar.)
Co., 7% preferred
1-1
duPont
12-7
1- 3,
2- 7
i_
preferred
12-31
:
$1.50
1
Business
Butler. (P,.H.) Co.,
(quar.)
50c
3
'■
(quar.)
Co., 6(4
preferred
&
12-15
12-28
1-15
;
Duke Power
2-10-44
$40c
.'
_—
(quar,)__
$1.25
3
1- 1
(quar.)__'__—____—_—
Bldgs., .1(4.
Terminal
3-1-44
$30c
preferred
64
pfd. (liquidating)
5%
Ltd.______.
$2.50
(quar.)
common.-______
1-
50C
$1.25
Bush Terminal
75c
64 non-cum. partic. preferred (interim)Dow Chemical, $4 preferred A (initial)
Draper Corp., common (quar.)___u__%i____
/
12-22
a
1-
125c
-Ns
(quar.)___
6(4
Bush
5%
12-11
3
$2
$1.50
3-31
'.'.•.4; 2oC i'.
(quar.J__l
Co.—
' )
Ltd,
(s-a)
preferred
Mines
74
12-13
1-
25c
i-1
$1.75
,,
___;i
preferred
Products,
7
preferred
Dominion Woollens
12-13
1- 3
75c
(s-a)__—
______
(quar.)
7(4
1-
//
Dominion Tar & Chemical, 5 V2 4
Dominion Textile, Ltd., common
'
60c
Cohen
Distillers Corp.—
preferred
Bucyrus-Erie,
6(4
:V;
n- 3
$1.50
$1.75
Colonial/ Ice. Co., common (resumed)_______
$6 preferred, class B (quar.)—
\
(quar.)i_^___—•
Brush-Moore Newspaper,
Building
12-14
5%
Cochenour
12-14
Brunswick-Balke-Collender
Burlington
3
12-14
1-15
132%c >.
—
Extra :
$5
12-14
1-
12-23
.
6(4, 1st preferred (quar.l
prior
1- 3
3
1-15
:
SH/a
•
6(4, 2nd preferred (quar.)____-i_'_:'rii_Brompton Pulp & Paper (quar.)—
$5
1-10
3
1-
$$1.50
Power, class
Durrcll,.
8
1-15
Co.,
Extra
12-14
1-
S3'4
(quar.);__—
Columbia
5(4
3
1-
$1
i__
!
British
&
1-
1-20
1-3
$5
31(40%
Traction
preferred
1-
(s-a) __—$4
Dominion Oilcloth & Linoleum
12-24
$1%
(quar.)__
'V Citiz'ehs Water Co.,
(Pa.), 7(5 pfd. (quar.)__
■/;' City Investing, 7(5 non-cum,- pfd. (quar,)
Clearfield & Mahoning Ry';.V(s-a)__________
Cleveland Builders Supply__
Clinclrfield Coal Corp., 7(5 preferred (quar.) /
Clinton Water Works Co., 7(5 pfd. (quar.)_
Cluett, Peabody & Co., Inc., 7(5 pfd. (quar.)
British Columbia Electric Power & Gas Co.—
Brown
$7 pfd.
(quar,),
"
(quarJ_r_
1
(quar.)______________
preferred
.
12-14
40C
Cordage, Ltd., $1.30 pfd. (quar.)_
Light & Power—\ v:.
preferred (quar.)__;^____'r__i_4i_i_:--_;T
:
3
$1%
(quar.)
preferred (quar.)_
$iy4
preferred (quar,)
8H4 /;''
preferred rqnnr v.
■
' ;
$iy4 •
5(5 preferred (quar.)___________$1V4 12.Cincinnati & Suburban Bell Tele, Co. (quar.)
85c;
,
12-20
1- 2
1-1
"
$1%
Bridgeport Oil,, 7(4 preferred (quar.)
I__
Brillo Mfg. Co., common
(irreg.)_____i_i__
'; $2 participating class A
(quar.)_
British American Oil Ltd. (quar,)__-___-__^
6(4
partic.
7 4
1
1-
5(5
12-17
3
1- 3
$1(8
■
(accum.)
Brantford
6'4
1-28j: 12-
50c
.v5%
.
1-
$1.50
$1%
.
HOC,
Brazilian
$37c
,
$1(4: 'V
„•
(quar.)
Ltd.
7(1
Brandon Corp-1
Class A (accum.)
:
$1%
(quar.)_
(quar. i
Yards
l- a
Cincinnati
12-31
40c
Mills, ^l.25
Mines,
'/■
12- 3 ;
12-23
-
Bourbon
".
./;
1-15
Elevated Ry. (quar.)
Herald-Tftiveler
Botany Worsted
12-30
12-3
i- 2
;
preferred
1-21
115c
preferred
preferred
Co.,
1-25
(quar.)_
preferred, (quar.).
Christiana Securities Co., 7(5 pfd. (quar.)__
Cincinnati Gas & Electric, 5(5 pfd. A (quar.)
12-18
•
$1%
_
Quarterly
.Quarterly
Quarterly :
•!JJ< 25c
_____
Borg-Warner Corp..
Boston
12-24
$1
Ry.
Republic Co
Chillicothe
1-3
:
$1%
preferred (quar,)
__—
(F.
v:i-1'
75c
Biackhawk Perry (year-end)< ___:
Blumenthal (Sidney); 7(4 pfd. (quar.
Bobbs-Merrill,
1-20
1
.
(quar.
(quar.)_„_
Ltd.
2-
;;
"
(Md.)
Hats,
50c
.
12-21
-
50c
Birmingham Electric, $7
» $6
preferred, (quar.)
Booth
12-10
1-1
$1 y2
(quar.)
Chickasha. Cotton Oil
,1-10
1-1
75c
...
,
Bethlehem Steel Corp., 7(4
7(4 preferred (quar.)
.
■
(quar.).__i______
Limestone & Cement—
Biltmore
1-3
75c
_
12-23
12-30
25c
'
2-
i
preferred < quar
Foods, Inc.—.
■
$3
Distillers
.
Champion Paper & Fibre, 6(5 pfd. (quar.)
/ Chesapeake-Camp
Corp., 5% pfd. (quar.)__
Chesapeake & Ohio Ry. (irregular)
Chicago Daily News, 5(5. preferred (quar,).__
'■$ Chicago & Southern Air Lines.
11-30
3
1-15
12-15
1-15
Dominion Coal Co., 64 preferred (accum.)Dominion Foundry & Steel Ltd. (quar.)
Dominion Glass Co. Ltd., common
—
-
'
6(4
12-24
.
ia-20
1- 3
Dome
Central Patricia Gold Mines
yx
12-15
l- 2
50c
.
preferred (quar.)______
Telephone Co. of Canada (quar.)
RR.
i- a
1- a
preferred
Central Paper Co.,
1- 2
81
12-15
Central New. York Power,
12-13
1-
82
12-16
30c
•
12-1
$6 preferred (quar.)
6% preferred (quar.)
preferred
12-27
12-31
Co.—
1- 1
t37%c
:.74'
Belt
Power
1-3
series
12-27
1-2
1-3
4%%
5(5
$1.06(4
12-18
12-15
1-5
12-27
3
Diamond Shoe Corp., 5% preferred (quar.)_
$iy4
1- 3
Dictagraph Products Co. (resumed)
15c
1-10
DiGiorgio Fruit Corp.—
;;/■'-■
%/"..%■
$3 partic. preferred (s-a)__;
$iy2
1- 3
12-31
1-3
3
1-
■
V
of Canada—
Co.—
participating
12-15
1-
1- 3
Central Illinois Light,. 4*4 % pfd.
Central Maine
6%
12-15
1-3
2- 1
4(5
Power,
preferred
12-15
2(5
beneficial
of
Corp.
(s-a>—
1- 4
25c
(year-end)
12-15
$1
(quar;)
Detroit Gasket & Mfg
Detroit River Tunnel
12- 1
1-15
class A
1-1
1-1
$50c
(quar.)
Associates_______
2-28
ti2 y2c
(qua?.)
Bellanca. Aircraft' (resumed
.
54
'
Creek
Packing Co. (quar.)
Belding-Corticelli Ltd., common
Bell
Aguirre
Co.,
preferred
Debenture & Securities
'••
_
35c
Beech-Nut
'•
11-30
(A.)
conv.
12-3
1-3
$1%
$1.50
;
\$37y2c
Brainard
&
12-15
>
1- 2
1
1- 3-44 12-20
Corp., cl. A (quar.)_
Corp. of America,
1
•
12-20
$84
12-20
12-15
Ohio
I- 3
183(4
3
$50c
3
3-17
1- 3
1- 3
Coy Ltd.
43%c
:
1-
$81%
1-
$3
Delaware RR, (s-a)___^._______________
Detroit Edison
(quar.)
-
"■
5
12-13
3-31
$82
Light,
;
12-15
3-
&
Central Coal & Coke,
•
Beech
12-31
1-15
1-3
1-15
75c
Delaware Hillsdale & South Western RR. (s-a)
12-3
1-15
$15c
2-
30c
(quar.)
non-cum. pref.__
4,(5
&
:
12-15
1-
f25c
1.
,___
12- 3
1- 3
(quar.)'_
prior preferred (quar.)
2nd preferred (quar.)
Central
12-21
40c
$i.37y2
(increased)
1- 3
$81'4
prior preferred
1%
12-31
>•;'>% 65c
$4.25
Beatty Brothers, class A
'•; -Class ■ b /.(initial).——
7% .'2nd, preferred-'
Lockwood
Celanese
12-29*
preferred (quar.)
(quar,)_..^_f_4ii__';
$$1 Vt
$$1.50
pfd. A (quar.)
preferred B (quar.)
(J. I.) Co., 7(5 preferred (quar.)
Case
'
1-15
conv,
Co.
12-31
1- 3.
1- 7
12-20
1
2-15
(participating)
$iya
Ltd., ordinary (interim)
6144
Distillers Corp.-Seagrams, Ltd., 54 pfd. (quar.)'
$ 1 J/t
Dixie Cup Co., $2y2 class A (quar.)________
624c
Dodge Cork
1 "
lQc
Cayuga & Susquehanna RR.
12-28
$1
3-15
Pinna
64
Diamond Alkali
6(5
/
1-15
Paper; class A (quar.)___
$81
preferred
Case
t$i%
.
12-21
1- 3
12-31
1-
i$2l/2
1-10
$82
12-18
15c
De
12-15
.$82 v
3
1-10
1-10
10c
12-15
;
1-
1-3
$4
Davidson-Boutell
12-15
y
12-23
$2
1- 3
(quar.)
Power
/
12-10
1-3
preferred
(quar.)
$53c
(quar.)2___w
1- 3
1- 3
25c
.
1- '3
;•
1-25
1-15
$3
common
1-3
:
12-15
65c
class A prior preference (quar.) (s-a)
Publishing Co,,/$4 prior pfd. (accum.)
(payment clears all arrears)
David & Frere, Ltd;,, class A (quar.)______i^
12-15
(quar.)
Carthage Mills Inc., 6(5
II-23
1-3
:
74 "pref. (s-a)
1- 3
37(40
Clinchfleld
7(5
(accum,)
$25c
$15c
$5c
12-15
1-3-44
$1.75
.
Co., 64 preferred (quar.)
Dayton & Michigan RR., 84 pfd. (quar.)
De Jay Stores
82
$6
$
12-20
3
'*1*. 1
■
$iy2-
Works
Creamery
3
1st
(quar.)__
preferred A (accum.)
6 4
12-15 r
;
12-31
1-3-44
Curtis
1-10
1- 3
(s-&U____
Wirebound Boxes Ltd.—
Carolina
12-27':
40c
$1%'
preferred (quar,).
(quar.) ______________'
Associates,'7%
Beatrice
1.
Ry.,
Products
Carolina
12-27
$1V4
'
(quar.)____—
Bathurst Power &
1-
;l 12'4 c
2-1
$12V2c
:
$!%• Class.
4(5
12-18
12-27
1- 3
;
1-10
Carnation
,;
Canada,
Co,
preferred
1
1-1"
37J4c
St.
Barker Bros. Corp., 5>/a4
Bastian-Blessing
rl-
37V2C.
1-10
1
12-31
1-10
$1%
Crystal Tissue, 84 preferred (s-a)__________
Cunningham Drug Stores—
11-15
2-
$50c,
12-28
1-10
$1%
Corp. (year-end)
Forster,
preferred
84
1
12,-10
2-1
Capital Wire Cloth & Mfg., $iy2 pfd. (quar.)
Co., common (s-a)__-__
1- 5
25c
(Hartford) (quar.)
(quar.)__
3
1-1
Capital Administration Co., Ltd.—
$3 preferred, series A (quar.)
1-15
2-1
20C
______
Corp.—
-
2-1
•
68 %C
;
(quar.)
(quar.)_____.,___________ivr;
Securities
;
12-24
75c
/preferred (quar.)
Backstay Welt Co. (irregular)
Bangor & Aroostook RR., 5& pfd.' (accum.)
Bangor Hydro-Electric, 7% pfd. (quar.)
64
Canadian
12-13: '
;,.v5: 20c
64
Bankers
12-30
2- 1
3
si
1-
$85c
(quar.$50c
Westinghouse
1
yz.
Avery" (B. F.)
Pacific
Silk
1-
62y2c
12-28
$37 y2c
preferred
Canadian
(
,v
1-
Autocar
84
V
1
Investments* Ltd.—^
Canadian
12-20
I v,"
$3Va
Auto
Autoline Co.,
General
Canadian
'/•
3
3-
v
Co.,'$3 preferred (quar.)
Finance,, common (quar.)__
54%' preferred (quar.)
Products
1-28
12-10
1-
$2J4
/ :'
-
Atlantic Rayon Corp., $2.50 prior pref. (quar.)
Atlantic Refining, 44 conv,_ pfd. A quar.)__
),
12-15. ;
.
1- 3
■
$2(2..
Manufacturing, 7^ preferred,
Birmingham & Coast RR.—
54
25C
12- 1
2-
$5c
Registered (quar.).
—,14,1241
Canadian Indemnity
(s-a)_
Canadian Industries, 7% preferred (quar.)_
Canadian Light & Power Co. (s-a)
12-24
1-21
$1%
(s-a)
Atlanta
Insurance
8
1- 3
$81
Canadian General Electric Ltd.
.
3-10
c
1-. 3.
$iy2
Crura &
$37V2c
:•
preferred,(quar.)____
Canadian Oil Cos.—8(5
(accum.)
A
Investment Corp.—
8(5' preferred (quar.)_
/;.-
Aro Equipment Corp._I__u__:^__d__4___Id;_t':-'
Atchison Topeka & Santa Fe Ry., common.
Crown-Zellerbach
2-
Foreign
1-3
;
1-8
preferred (quar,)________l_
Fairbanks-Morse, 6.(5',pfd. (quar.)
6-24
1- 5
.,
1-15
2-15
_______
Food
7-6
10c
$1(4
12- 1
12-15
$81(4
$$1(4.
1-3
80c
(quar.37y2c
Creamery Package Mfg. (quar.)
37y2c
Credit Utility Banking, class B (quar.)____
25c
Crowley Milner & Co., 6% prior pfd. (accum.).
$3
Crown Drug Co., 7% preferred (quar )_
43%c
3
.
__i
(accum),:,
12-17*
$1.75
(s-a)____
common
1- 7*
1-1
*"
.
(quar.i_____
1-
_4_,—
Canadian
1-1
$1%
class
Participating
Canadian
3-30
t,
preference—
(s-a)
Boxes,
conv.
non-cum.
Refining,
preferred
1-3
$82
Canadian
'
conv.
12-20
(quar.)_
12-24
10c
&
Co.
Canners, Ltd,,,common (quar.)__
1st preference (quar.)
5
SI.25
87
$6
60c
Products
7%
Corroon & Reynolds, $6
Cream of Wheat Corp.
12-20
1-15
Corn
12-13
1-25
i-
12-10
1-22
$2
_________—
$$3.50
Canadian Cottons, common (increased quar.)
I-14
7-6
.
$2.25
'"'■0
•
1- 3
$15c
..
12-24
1-
$2.25 .'f
(s-a)
Ampco. Metal,- Inc., common_4_._-I_^d-I--;i-'_:-:
Anchor Hocking Glass, $5 preferred (quar.)
Power
•
12-30
$$1.50
(quar,)
a-',
J__
1- 3
50c
,
12-10
$1V*
•
Continental Telephone, 64% pfd. (quar,;__
7% participating preferred (quar.)___
12-13
$81.75
$$1
prior preferred
Extra
12-15
1-3
Canadian Car & Foundry, partic. pfd. (quar.)_
Canadian Celanese Ltd; I founders rights)__
.:
12-13
„
Ry.
1-5
75c
(s-a)
preferred (quar.
Armour & Co. (111.)—
1-26
1-3
cum.
6(5,
$1.25
V-
preferred
V
7%
Continental Insurance (N, Y.)
$50c
Participating
Electric—
• •
'-'preferred
2-15',
75c
;
preferred
5(5
;
12-31
1-15
$1.50
Arkansas
Extra
1-5*
Smelting—:5',v%
84 4
1-31
.1-31
1:62(40
:10c
_
$1.25
(quar.)
$4 Vi
12-31
Canadian Breweries, 83.40 preferred (quar.)
Bronze Co., Ltd., common (quar.)
Canadian
Zinc Lead &
Common
.'
)
2
1-3
nv*
«($5.'prior- preferred" (accum.)_____________
Amoskeag Co., common (s-a)i
;
!
•
12-31
Canadian
.
Works &
$6. preferred-.
American
2-
.$2'
American Thread, 54 preferred (s-a)—
American Tobacco Co., 6% preferred (quar.)
Water
12-31,
1-15
1-15
2-15
0} Reo.
1-3
20c
preferred (quar,) ________—
Continental Gas & Electric—
12-15*
1-15
common
1-14
■
American
1
$1.50
(s-a)
Canada Steamship Lines,, 5 &
/
60c
v
Sugar Refining, 7%upfd. (quar.),.
Common'-(year-end)-.
American Surety (N. Y.) (s-a)
American Telephone Cq; ; (Abilene, ( KansO^-r54 preferred (quar.)
American Telephone & Telegraph
$1.50
Corp.___—
$1%
'
American
1-
____________
7(5: preferred
'64
preferred (quar.)
American Stores Co.
American Thermos
$1.32
$1.75
common: (quar.)37(4c
Packing,
Canada Starch,
12-13:
l* 1'.'
•
.
-
preferred
Tungsten
12-30
'
Holder*
Payable
$ry9
_
8%
Camden & Burlington Co.
American
■
1- 6
When
j
share
>
Power, $4y2 preferred (quar.)__
$3 preferred (quar.)_,_
Continental Baking Co., common,
'
37J/2C
•
'
American
$3.50
Ry. (s-a)
5% .pfd., class B (quar.)
6(5 1st preferred (.quar.)_________—__
^Canada Northern Power. Corp.;;com. (quar.)
1% preferred (quar.
Canada Packers, Ltd. (quar.)__.—__________
.' Canada Permanent Mortgage (quar.)
12-15
,1-. 1
.
'30C
v
,
12-30
'
Per
/
,
(
Consumers
,
,
Canada Bread Co.,
12-15
•
"•
(quar.)'4l
com.
(quars)t
1- 6
.t-i,preferred. (quar,)_i(Il4_4_.i,—62y2'e"•
12-10,
3
$1.50
1
•
Wame of Company
12-30
____
12-14*
1-1
1- 6
—
•i^7.(5 :preferred (quar.)
•
62V2C
I
(quar.)
,$2.50
(initial)—
California-Oregon Power, 6% pfd, (quar.)_
7"fr6% preferred (series of 1927) (quar.)
American Investment Co.: of Illinois—,:•
54
(s-a)
preferred
conv.
12-23;
1- 3:
'
0
12-23 '
8
1-3
20C
Ice,:
preferred
1-
i
1- 3
1-3:
$1.50
2nd
$7
California Electric Power—■
12-23
$1.50:
.:
preferred (quari)l--~-~~—■"
preferred (quarO
2nd
.
.
1-13
12-
^
Byrndum Corp., $5 partic. pfd. cl. A (s-a)_(
$3 partic, preferred (s-a)_.—!——
12-28
.
a
25c
6%
■
1- 5
1-15
i
tfame of Company
of Reo.
<
43
$1
3
$1.25
I- 3
12-20
$1.25
1-15
12-31
Monday, January 3, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
44
Per
Name of Company
Paper Co., 6 % preferred (quar.)_
Florida Power & Light, $7 preferred (quar.)
class A_.
Florsheim, Shoe,
B
Class
./--■»
v
Franklin
(quar.)
preferred (accum.) —
6%
J.),
(A.
Freiman
3
1'
1
12-15
12-20
12-15
1-15
12-31
1-3
12-22
3
12-15
/
7
v.
1-
15c
1
1-18
1-25
12-28
(quar.)
3
2-
1
25c
1-
3
/12-18
1-
1
1-
1
1
$iy2
3
siyt
1-1
12-15
Falls
Glen
Insurance
Co.,
Glidden
i——
(quar.)
.
i-
12-15
$$1.75
30c
•
'
Y-%
Griesedieck Western Brewery—
5 V47c preferred (quar.)
—
Y-
$1.75
2-1
$1.50
1-
3
12-15
|25c
1-15
12-15 >
|75c
/
1-15
12-15
1-
3
12-20
1-
3
12-20
1-
3;
12-20
3
12-20
10c
(quar.)
12-18
Kalm's
(s-a)yy__YY//_Y/YY4'--/YY/Y
'
Society
Guenther Publishing
(year-end)YYY
Corp.
1-
Hanover Fire
6%
15c
Kellogg Switchboard & Supply,
3
;; .12-15
12-10
;
Y1-. 3;Y
12-16
1-
i
4
1-
3
3
12-15
1-
3
12-20
1-15
12-31
3
12-14
1-
Y. 1-15
1-11
12-17
I. 1- 3
1-
1
1Y;
12-20
'
37J/2C
;
$1,50
common
(irreg.)
$1.75 •'
1-
1
$1.25
1-
3
12-17*
$iy4
■V 1-
3
12-
3
12-
4
& Sons, Inc.
1-1
80c
/•'
Horn
1-3
Y
Class
B
Huron &
(interim):
Mortgage Corp. (quar.)
Investing Corp., $7 pfd. (accum.)-
Erie
Illinois Central RR. Co.-—
Leased Lines,
4%
Leased Lines,
47o
(Madison, Wisc.)—
preferred (quar.)— „—
j,«—
Imperial Life Assurance (Canada) (quar.)_
Imperialle Fuels, 67c partic, preferred (s-a)
Indiana Associated Telephone Corp.—
$5 preferred
(quar.)__
——
Indiana Gas & Chemical, common——
—
$3 preferred
(quar.)—
Indiana General Service Co., 6 7c pfd. (quar.)
Indiana & Michigan Electric Co.—
6%
preferred (quar.)—
77c preferred (quar.)
Indian Motocycle, 6% non-cum, pfd. (s-a) —
Indianapolis Power & Light,
5(4% preferred (quar.)
1-
conv,
1st
2
12-20
12-31*
1-15
12-31*
30c
1-10
12-20
12-31 ■;
1-1
2-15
1
,150c
1- 3
•12-
6
150c
1-3
12-
6
/.
Y
1$1
$1
3
12-15
1-15
12-30
1-
3
12-11
1-
1
6-10
1-
:
'
$2
.
.; .,$2'/..
1-
3
12-15.;
1$3.75
1-
3
12-31
130 c
1-
3
12-27
$1.25
2-
1
1-10
10c
1-
1
12-24
75c
1-
1
12-20
$iy2
..
(irreg.)
1-
(quar.)
3
12-
7
$1.50
1-3
12-
7
$1.75
1-
12-
7
30c
1-
3Uc
1-15
$1.25
,
3
3
12-15
1-
5
1
12-22
1- 3
1-
1
4
12-15
$3.50
3
12-23
51c
1-28
1-
1-3
12-15
1-
12-15
1-
3
12-15"
1-
3
12-20
1-
3
12-20
2-
1
1-13
1-
3
12-15
1-
3
'12-15
1-
3
12-17
1-
2
12-15
1-
3
12-
1-
3
12-20
1-
3
12-20
1-3
12-15
3
12-17
1-15
12-22
1-
2
1
$1.50
2-
1
;
.1-31
1-15
1
1
.
Ltd., common
Corp,,
——
'
7% preferred A (quar.)——' 7%. preferred B (quar.)—
$134
—
1-3-44
1-3-44
15c
Dry Goods
(Win, R.)
Moore
■/'
12-17
1-14
1- 4
1-15
12-30
3
.12-27
1- 3
12-24
1-
5
1-
3
3
12-15
150c
1-
3
12-15
1-
2
12-27
Y
1-
Mutual
■
Y
75c
1-15
3
12-10
1-3-44
12-14
1-
7
Biscuit
*
1-20
1st
7%
2nd preferred
1-15
1- 5
National
Chemical
1-15
12-31
National
1
1-21
1
12-10
1-10
12-31
1-10
12-31
$1.25
1-10
12-31
50c
3-1
Y. 50c
25c
2-
5
12-15/
1-/1
$1%
$1%
4-1
/ 3-15
25c
1- 3
12-11
25c
1-
12-11
3
1
1-15
1-15
12-17
2-
:
2-11
2-25
3
12-24
12%c
1-15
12-29
20C
1-15
9-30
1-15
9-30
1-
3
12-17
3 71/2 C
1-25
12-31
$1.25
31 y4c1
1-15
12-31
1-15
12-31
1-
1
12-24
3
12-15
1-3
12-15
$1.75
1-
3
12-20
$1.75
1-
3
12-20
40c
$3
1-
(year-end)_
50c
1-15
12-31*
preferred (quar.)—
4—.—
(quar.)——
Macy (R. H.) & Co; (quar.4-—
Mahon (R. C.) Co., $2 pfd. class A (quar.)_
Maine Central RR., 6% prior pfd. (accum.)
Manischewitz (B.) Co., 7%-pfd. (quar.)__„
$1.50
1-15
12-31*
25c
1-15
12-23
6%
50c
1-
50c
12-
1-15
$6
3
7
12-31
1- 3
12-27
1
1-
$1%
4-
1
3-20
3Pc
—
6% pfd. (quar.)
Life Insurance Co. (Toronto,
1-
3
$1.50
11-
1
25C
1-10
12-24
,
12-21
3
Mfg.
.
,
';
National Steel
National
Nehl
Car,
Sugar
Corp.,
Power &
New York
12-1
12-20
6%
5%
Light, $6 pfd, (quar.)
—
preferred, (quar.)4
Newport
&
conv.
-
Shipbuilding & Dry Dock—
preferred (quar.
Hews
12-13*
1
1-15
12-30
2-
1
1-11
2-1
1-15
;
1-15
1
2-
50c
2-1
12-22
1-15
12-31
1-3
137 y2c
$iva
1-15*
3
12-
1-
j.
25c
7
2-1
1-21
1-15
•
15C
1- 3
1-
3
12-20
87y2c
1-3
12-20
1-
3
12-20
50c
1-
1
12-15
25c
1-15
12-15
25C
1-
3
12-15
12(40
1-
1
12-15
$1.31 V\
1-
(initial) 4_
(accumj—
Richmond Gas—
prior preferred (quar,)
1-
-
." 50c
..
—4
Clocic,"
12-13*
87>4c '.4
1st
Haven
1-1
37yac
6J/2 % pfd.
New Haven Water (s-a).
-4—-——
New Jersey Power & Light Co.—
4
$6 preferred
(quar.)—_—
—
New Jersey Water Co., 7%
pfd. (quar.)z—
New Orleans Public Service, common——
$7 preferred (quar.)———t———
New York Central RR. (irregular)
New York & Harlem RR., common (s-a) —
10% preferred (s-a)
—
•
New York Mutual.Telegraph Co. (s-a)—-—
New
3
12-13*
75c
.
Refining
common
12*
1
15c
.7
preferred (quar.)—
New England Fire Insurance (quar.)__—_/_
New England Power Assn., $2 pfd. (accum.) _
/
6% preferred (accum.)
New Hampshire Fire Insurance Co.— /
*
Common (quar.)
$5.25
3
3
1-
50c
(quar.)
common
12-
25c
———————————
new
3
1-
:
$1.75
$1.75
12-10*
12-31
1-
50C
4
12-21
1-15
143c
Y
& Mfg. Co. (year-end)
Standard Co. (quar.)——
4
National
12-10
1-15
/
..
—
—
'
:Y,
150c
National Screw
New York
3
" 50c
3
1*
—
&
preferred
conv.
National Screen
7%
1$6
.
12-21
It
15c
(quar.)
common
Bearings—
National Motor
12-15
________—
3
...
30c
Mfg.—;
——.
class A (quar.)
$3 conv. preferred (quar.)__————
ational Distillers Products (quar.)—.—/—
National Fire Insurance (Hartford)
(quar.)
National Fuel Gas (quar.)
—Y
National Grocers, Ltd., $1.50 pref, (quar.) —
National Lead, 6%
preferred B (quar.i
National Manufactures & Stores (year-end)
12-20
$1%
Mansfield Tire & Rubber Co..
12-21
1-
$1.75
1
12-15
13c
1-3
12-15
33]/sC
12-20
1-3-44
1-
1- 3
50C
.
City Lines,
1-
12-31
4 '
(quar.)__—4l___4Y
preferred (quar.)—
(quar.)—
7%
National Cash Register,
G2yzc
2-
1- 1
1-15
'/
$1.25
Ltd., common (quar.)
.4 7% preferred
(quar.)
National Candy Co. Inc. (increased quar.)
'
$1%
MacWhyte Co.
/;
•
Co.__*4a——:/^—/.___Y^_
$1,30
87y2c
Lykens Valley RR. & Coal (s-a)
,j_.
Lynchburg & Abingdon Telegraph Co. (s-a)
Mabbett (George) & Sons, 7,% 1st pfd. (quar.)
77c 2nd preferred (quar.)
//"'•
National Breweries,
12-15
2-1,
Y' 1- 1
12-10
93%C
•National Bond & Share '
12-24
1-1
1-
25c
$1.75
$iy8
12-22
Co.—
1st
National
12-31
$1
'•
(s-a)
preferred
Manufacturing
preferred ; (quar.)
$2 2nd preferred (quar.)
7% preferred class C (quar.)——
12-31
117 y2c
RR.—
& Decatur
Nashville
$5
12-31
Y 1-15
1-20
1- 3
371/2 c
:
■
pfd. (quar.)
6%
Inc.,
System,
Nashua
12-15
3
1-15
Y 2- 1
-
12-17
1-
1-
.
Y: $1.75
Munising Paper,
12-16
/
1-15
25c.
V'
preferred (quar.) 44—^..,——____/—
250
5% 1st preferred (quar.) —
$1.18%
Murphy (G. C.) Co., 4%% preferred (quar.):
1:20C
Murphy Paint Co., common (quar,)——4_4
t$1.37ya
5 Vs%
preferred (quar.)
'
12-20
1
:
■
$iy2
(quar.
pfd, (quar,)__
Morris Plan Industrial Bank
(N. Y.)___—
Morrison Cafeterias Consolidated—
12-18
1$1
$1,62(4
1
12-
1-7
■
12-31
27y2c
12-15
12-
3
7
:/1- 3
$2
'•
3
1-
1-
/
50c
12-31
$38C
4 $48C
(quar.)
7%
$2
12-10
12-30
-
1-15
15c
12-10
2
1-
1
1
Y
1-12
1-15
50c
$1%
12-
Moore
2-
•
2-25
3
1
12c
4
1-20
'
(quar.)— .4/
Heat & Power Cons,
Telegraph Co. (quar.)—
12-15
1
2-
4 3-
(quar.)______
1-
1
50c.
—_
Y 87V'2c
34 %c
(quar.)
Power Co., $6 pfd,
$l3/4
2-
1S1
12-15
12-
Y: l-
>
1- 3
Y 1- 3
43 %C
3
Y'-i- 1
$1,50
1-15
1-
1-15
25c
Y";
(quar.)
2C
Montgomery Ward & Co., common (quar.)—
-Y
$7 class A (quar,)__4_/__/4_/—'/_-^-—_/'
3
1-
1
$55y2c
1:66 %c
1-15-44
$3.50
3
12-10
$1%
;;
12-15'
3
$1.50
$1.75
•
12-10
$1(4
/
.
1-14*
12-27
1
2
1-
4
1-14*
1-28
Morris Plan Co. of Amer., 6'Y
,
(quar.)
4
12-15
1-
preferred
Montana
«62y2C
;
(s-a)
3
preferred
7/%%
Inc., common (reduced)
Lock Joint Pipe, 8% preferred (quar.)—
Loft Candy Corp. (year-end)-.
Loomis-Sayles Mutual Fund——./—zr;
Loomis-Sayles Second Fund (quarterly)_
Lord & Taylor (quar.)
——
Louisville Gas & Electric Co. (Ky.), com,__
5% preferred ($100 par)
(quar.)
—
5% preferred ($25 par) (quar.)_
——
Ludlow Valve Mfg., 5y2% non-cum. conv. pfd.
Lunkenheimer Co., 6'/2% preferred (quar.) _
Out.)
1-
1- 3
V
25c
$1(4
common
Mapes Consolidated Mfg.
Margay Oil Corp. (quar.)
12-15
$1.75
Public Service-—
Loan Society/class A
37j/2C
B (quar.)
—_——.—
preferred (quar.)_—
Manufacturers
12-15
$1.50
3
$1.75.
514%
1-
2c
$2.50 pfd.
preferred ; (quar.)
12-15
3
1-
/■'
(quar.)
Chqmical Co., $3.50 pfd, (quar.)
12-3
40c
Loblaw Groceterias,
7%
3
1-
,
Monroe
12-
(Ontario)—
Forbes, common
1-
$1.50
(s-a)
Monongahela West Penn
lioc
(increased)
MacAndrews &
$1.50
1-
—
Co.,
12-15
/^__/44 •
Mines
Monongahela Valley Water Co.—
4/ 7% preferred
(quar.)
Montreal
44% preferred A"(quafJ_—/—-——z/,-4'. Y $1(4
75 c
Little Schuylkill Navigation RR. & Canal (s-a)
.
'
15C
.
1
1- 3
$iy2
$6 pfd. (quar.)'
% pfd. (quar.)
Montreal Light
'
12-13
1-
$1.31%
preferred A
preferred
:
$1.50
common——
Industrial Brownhoist Corp.—
60c
12-23
1-15
—
5%
12-31
12-20
3
3-
f" Semi-annual
Moneta Porcupine
12-24
'/4-44/w^^r._—4'/-,^_4/^/_./—' ■.
Tel. & Tel., class A
12-
.
12-31
:
(quar.)
GV/2% preferred (quar.) —:—_————/—/
preferred (quar.)——_—
612%
Liquid Carbonic Corp., common (quar.)—__
$11/4
'Y
6 7a
Indianapolis Water,
5%
1-
$iy2
J
1-15
$iya
Class
1-10
2(4%
Lincoln
Link-Belt
,
gtd. (s-a)
gtd, (s-a),
Illinois Comm'l Telephone
12-31
1-3
:
Baking
5% preferred (quar.)
—
Houston Light & Power (monthly)
.
Hudson's Bay Co.,, 57c preference ,(s-a)
Hummell-Ross Fibre Corp., 6% pfd. (quar, )_
Hunt's Ltd., class A (interim)—:
Hutchins
12-17
1-10
15c
20C
12-15
12-31
•
& Electric,
Hardart
&
3
1-
1-
1- 5
1-,1
,'
preferred (quar,)
Liberty Loan Corp., $3.50 pfd. (quar.)
—
Liggett^ & Myers Tobacco, 7 % pfd, (quar.) 4:
6
,$1%
1
12-20
$1.50
(quar.)
Common
1
1-3
$1.50
Lexington Telephone, 5.2%
12-31
1-15
15c
$6 preferred (quar.) _ Y
$1.50
(N. J.)
(quar.)
62 ya c
Houdaille-Hershey, class A (quar.)—.//
Household Finance Corp., common (quar.) — Y/.Y $1 /■'
Home Gas
12-
4
1-25
Holly Development (quar.) ________Yy-yY
■'"//. 30c
Holophane Co. —-n———__z_Y_YYY
i$3ya
Holt Renfrew & Co., 7% pfd. (accum.)_
$1.50
Holmes (D. H.) Ltd. (quar.)
(initial)——,/Y_YY
preferred (initial)
i
1-5
12-
fquar.)
1: 4
1-31
$1.25 ;
1- 2
37,4c:
37(4c ' 'Y1- 2
''
5
(John A.) & Sons 1 quar.)
Lehigh Portland Cement Co., 4% pfd. (quar.)
Lehman Corp. (quar.)—
Leitch "(Charles), 77c
preferred (quar.)——
Lerner Stores, 4y2% preferred (quar.)
12-18
1-
25c
(extra)
common
_•/
j.—
Lang
12-18
1-15
75c
■
4-Y IC Y-
Home Dairy,
common
6c
1-18
1
1-
•
1
1-
$114
participating units
Monroe
1-31
/
Investment
12-
1-15
7%
15c
—
& Sessions Co.,
Class,. A
.
1-18
1-28
■
:
&
12-
1-
4
12-20
1
1
12-
1-
51c
12-18
1- 3
1- .3
12-16
1-
6%
12-15
1_ 3
i, $1.75
4
1-
1-28
Y
12-22
4
1
/\
Minneapolis Power & Light,
1-10
1-28
15c
12-15
2
1-
$11/2
Minnesota Power & Light Co., 7
12-15
/'
JY'V 25c
(quar.) —
Landed Banking & Loan (Ontario) (auar.) _
Langendorf United Bakeries, 6% pfd. (quar.)
Larnson
12-20
______
(initial)———_zYY_YYY
(Irregular)
..Extra"
12-28
12-20
1-
25c
50C
„/—4_4_/_i/—_2_-4
Mines
Loan
Lambton
.
12-20
3
1-
1-
75c
Lamaque Gold Mines, Ltd. (interim)
Lambert Co. (quar.) __./____
12-20
3
1-
((quar.)
70c
Hibbard Spencer & Bartlett (year-end)—__
:Y'/;15cY.
Monthly ■
——a—/
3iy4c
Hickok Oil 'Corp.; 57c preferred (quar.) YiYY
$1%
77o prior preferred (quar.)
—
(A.)
Lake.- Dufault
1-14
$1.25
preferred
Hollander
12-14
3 '■
1-
2-1
,'
/i
1-
$5
,
.$1%
Co.,
W.)
Higbee Co.
1- 6
1-20
4 •;."./i-
1-
4.41- 5
$iy2
$l3/4
(year-end)
A
12-15
1- 2
12-17
(Y
Kingsburg Cotton Oil, common.,/—_
Knapp-Monarch (special) „z*/z4/z-^4^4
Koppers Co., 6% preferred (quar.)/__——
Kroger Grocery & Baking—
6% 1st preferred (quar.)„—
;
7% 2nd preferred (quar.)
:
;
La Plant-Choate Manufacturing Co
$1 conv. preferred (quar;)
/
7%/preferrea (s-a) ^iv-./---/4//„j//—4/«,/
Lafayette Fire Insurance (New Orl.J (s-a) _ -
12-15
certificates
1-31
2-15
Y 12-15
6%
6% preferred (quar.)
12-15
12-15
2-1-44
3
'
12-15
.
15C'
/
(quar.)
Hazel-Atlas Glass Co.
77c
3
1-17
Y
l- 3
;:Y:
,
Keyes Fibre Co., 6%
12-20
1-
Utilities,
12-15
$1.20
3
1-1
'/•
$1%
preferred (quar.)
prior preferred (quar,)
Kimberly-Clark, common (quar.)_.——_
Kentucky
1- 2
$1.50
■
__.—___w■'1
/Glass B
12-15
3
'
12-14
i-
$1.25
'
—i.
'fr 5% / preferred (quar.)l———
Kelsey Hayes Wheel, class A
12-15
Grocery Co., 6% preferred (s-a)
Y-:
$3
40c
& Supply (irregular):
—
Minneapolis Gas Light Co.—;/:•
Y'::/ Y
12-14
■
12-20
50c
non-cunt.
(G.
12-15
1-3
10c
partic. preferred————
Haverhill Gas Light (quar.)
Haverty Furniture, $1% preferred (quar.) _z
Hawley Pulp & Paper, $6 preferred (quar.) /.
$7 preferred
(quar.)—
—
Helme
3
$1.62%
Corp. of America, 6 Va% pfd. (quar.) —
Hatfield-Campbell Creek Coal—
5 %
prior preferred (quar.)
-///V
5%
12-20
■Yl:i 3','
68 %c
Hat
common—^
3
■/1-
.50c '
'
Company,
Kellogg
1-
$1.25
Y'$l% Y
Hartford Times, 5(4%' preferred (quar.)—Harvill1' Corp. __zyYZY_,__Y-w^ZY^/.YY-Y
2-14
3
12-20
3
1-
4.
(quar..)v//-///~-/./--//-~4!^
1-
$iy2l
110c
'
1
12-
12-15
1-
•
$4.50 preferred (quar.) —
Kaufman (C. A.)
(quar.)
Kaufmann Department Stores.—
—
Kearney (James R.), 6% preferred (s-aj
Keith-Albee-Orpheum Corp.—/./
• :
/1
''
7 % conv, preferred (quar.)
—
1-
:
30c
.
12-15
3-1
/
$1,121/2
\
;
v
3
Midwest Piping
12-15
1-3
$1%
(quar.)—/:,
preferred
7%
3
1-
35c
Voting trust certificates A (year-end)
12-14
$1.50
Katz Drug Co.,
12-15
3:
Co.,
preferred:
$6
12-31 >
12-20
3
Power
2
1-
'
12-20
l/t
Y: $1.75
12-22'
1-
62 (4c
3
1-
(quar.)
preferred
12-23
75c
:
—
(s-a)__4//—--4-/__i'____^/_
Fecroleum—
States
Stock
12-20
•
1-3
1$ 1.25
Y'Y $5
:;?■
'
Kansas
' ,:yi-
■3ivie
Y Y/
(quar.)
$5
12-20
1- 3
Y. 15c
preferred (quar.)
Hartford Fire Insurance
P
12-20
1-15
15C
Ltd.'-(a-a) yyYYy/Y/YY;
Harris-Seybold-Potter, $3 preferred (quar,)Gas,' 7%
$6 preferred (quar.)
Kansas-Nebraska Natural Gas Co-'.4y;4■;
12-27
1-
: $1%
Harding Carpets,
Harrisburg
"Kansas Gas
1-25
1- 3
Y
Midland
12-20
2
:
5%
4
1-31
t30c
3
2
I-
:
I
1-
1-15
$1
$1.50
1-
1-
$1(4
/___
/—_
(quar.)
Co.
&
preferred
Middle
1-3
25c
preferred (quar.)
& Electric Co., 7% pfd. (quar.)
Kansas Electric Power,
12-15
J
50c
(quar.)
B
12-20
1-
1-15
$1.75
common—,
preferred (quar.)
City Power & Light—
1-15
$$1.75
1—
(quar.)
preferred
:
preferred
1-15 '"r
t$3.75
4 (4%
Harbison-Walker Refractories—
12-15
$6
1-3
5c
preferred (quar.}_
Insurance (N. Y.) (quar,).
Hammermill Paper,
1-13
1-3
$6
Co..
12-23
2
$1.75 /
50c.
Kansas
12-15 /.
3
2-1
preferred (quar,)——— ' i: $1.50
/.Y 140
Halifax
Insurance '(s-a)/—z/,YY-Y/-Y4:?Yj
Y 20c
Haloid Co..- ——____^____Y_YyY-Y—'
Gulf Power
3
1-
34%c
Watch Co., common
—
preferred (quar.)
Y——Guelph &
Ontario Investment & Savings
7%
12-31
1-15
Sons,
(E.)
1-
$1.50
preferred (quar,) —vv^J/—— __
$1.50
$6 preferred (quar.)__:/__/4__i_______4___.
$114
Mississippi Power, $6 preferred (quar.) —
>•'
$134
$7 preferred (quar.)
$1.50
Mississippi Power & Light, $6 pfd. (quar.)/
Mississippi Valley Public Service—
;
- 4 '
: / $iy2
6%. preferred B (quar.)
:
;
$ 1 '4
Mississippi River Power, 6% pfd. (quar.)—
$1%
Missouri Edison Co., $7 preferred
(quar.)— 5
$1.50
Missouri Power & Light, $6 pfd. (quar.)4
Mobile & Birmingham RR., 4% pfd, (s-a) — ;'"Y;Y $2
J30C
Modern Containers, Ltd., common (quar.) —
t$l%
5(4 % preferred (quar.)
_
5c
Mohawk Liquer Corp
Monarch Life Assurance (Springfield, Mass.) —
Co._4_/_4i«./^-_4__4___4»:»
Kokenge
&
1-4
5%
11-30
3
-1-1
25c
Gruen
." 1
1-
xl(4
Julian
25C
Products (resumed)— YY--/Y
Grocery Store
11-30
i- 3.
.
12-18
•
•
1•
12-10
-
12-20
Y
preferred (quar.)
preferred (quar.)
$S prior preferred (quar.)
^
$7 prior preferred (quar.)
—
Michigan Associated Telephone—
6 %/ preferred
(quar.)
Michigan Public Service Co.— •'"/■:4/z
■'/
6%
preferred (quarterly)
6% Junior preferred (quarterly)
Y 6%
preferred series 1940 (quarterly)___„
7 % preferred (quarterly) ________________
Middlesex Water, 7% preferred (s-a)
1-15
1
12-11
V
2
$7
3
8
12-
1-
$6
12-24
1-
35C
—
1
1-15
1-
1-10
■y: 1-10
~
$1.75 :
(Winnipeg) (quar.)'
Great Western Sugar, common (quar.)
,
;7 -7 7o '.preferred - (quar. ) Y__yY
Greening1 (B.V Wire, Ltd. (quar.) z_——;—-
2-
87'/2C
1-21*
12-20
75c '
Great West Life Assurance
12-15
3
J50c
Co., common (quar.)
5% preferred
(quar.)_YYYz__YY_.-__z::;.
Graton & Knight Co. (year-end)
—
Great American Insurance fquar.)
— •
Great American Investing Inc. (initial quar.) ? ;
Great Lakes Power, 7% preferred (quar.) —
12-17
1-
/
4.' :• 25C
.
(W. T.)
1
1-4
$1.75
96(40
1-
:
convertible preferred (quar.)
;
$1.75
Globe-Wernicke Co., 7% preferred (quar.) —
62yac
Goldblatt Bros., $2(4 conv. preferred (quar.)
■0 $1
Godchaux Sugars Inc., class A (quar.) —
$1.75
$7 preferred; (quar.) Y-zYY/YY—
'■'.V 20c
Golden State Co. Ltd, (quar.)————y
Grant
12-15
12-11
•
3
1-
1-25
,
56y4C
•
12-10
1
'
1-25
40c
Transit (year-end) ____
Gorton-Pew Fisheries Co. (quar.)——:—
Gotham Hosiery Co., 7% preferred (quar.)Y
3
1-
•
1
12-20
2-1
15C
Goderich Elevator &
1-
.
12-11
1
1
1-
;)•' $1.50
H
12-31
;
1-12
'.■■■'7' 45c
:
3
1- 3
1-
12-20
^K4
4y2%
1-
7
;
1-
1-1
11-
75c
62 y2 c
preferred (s-a)
1:30c
Melchers Distillers, Ltd., 6% partic. pfd,„
$1.75
Mercantile Stores, 7%
preferred (quar.)
$1.75
Merchants Refrigeration, 7% preferred
$iy8
Merck & Co., 4(4% preferred (quar.)
5(4% preferred (quar.) ___/_.i;.:_4_4——/'■ $1.31 J/4
25c
Merrimac Hat Corp., common (extra)
62yac
Mesta Machine Co.. _4_4Z—_ 14/4//-//-—/
Metropolitan Edison, $5 preferred (quar.) — i;.-;' $iy»
3
12-15
87(/2C
common •;
2-1
$1.50
$50c
57c
12-14
3
1-
'
.—
/
1-20
3
Meadville Telephone, 5%
1-
1- T
50c
•
1-15
12-31
7%
preference D (quar.) _4—_;
1- 3 :: 11-30
xl'4% '•
preference C (quar.)
______—
x$l3,4 v. 1- 3 r 11-30
77opreferred A (quar.)—™
/___
xi%%:
' 1- 3 : 11-30
77o preference B (quar.) 4jz__44z_4_z—z
Jersey Central Power & Light—
:
:
1-1 "" 12-10
$1%
5(4 %. preferred (quar )
12-10
1- 1
$iy2
67o preferred (quar.):
12-10
1-1
$1%
-77c preferred (quar.) 1
—_z—
1-18
2-1
$1.06 y4
Jewel Tea Co., Inc., 4(4% preferred (quar.)„_
1- 1 ■" 12-17
$1%
Johns-Manville, 7% preferred quar.)
12-3
50c
/Yl- 6
Jones & Laughlin Steel, common-.
12- 3
1- 1
Y $1%
5% preferred A (quar.)
:
12-3
l- 1
Y $iy4
57c preferred B (quar.)_
—
——
1- 3
1-15
$1.50
Joplin Water Works Co., 6% pfd. (quar.)__
$1.50
12-31
1-
$1,25
Johnson
Mead
5%
75c.'
.
;
12-15
7-1- 1
(621/2 C
(quar.)————
Co,
1
1-
12-31
1
$$1-11
$4 pfd. (initial quar.)
preferred (quar.)
Ltd., partic. pfd. (s-a)
McQuay-Norris Mfg. Co. (quar.)——.
1-10
$1.50
(quar.)
$6.50 1st preferred (quar.) ___4: $1.62(4
$1.75
$7 1st preferred (quar.)__
v
17C
Jamaica Public Service, Ltd., com. (quar.) __
12-15
$1(2
1
(quar.)__
:
common
1-15
1-31
2-
Petroleums,
McManus
12-10
1
1st preferred
$6
12-16
1-
3
1-
2-
(quar.
Service,
Public
Iowa
1
2-
1-
12-31
il5c
& Robbins,
McKesson
4'f 2-28 I
2-
—
67o ' preferred
1-10
1
67c
Gas & Electric, $3 preferred
Gibson Art Co. (quar.)——:
Gilbert (A. C.), $3.50 preferred (quar.)
Gillette Safety Razor,. $5 preferred (quar.)_
Gimbel Brothers, common--Y-—
—-_ •
preferred
2-
2-15
$iya
General Water
$6
/
$ 1 (4
12-10*
12-25.
2-1
$1.25
McLeUan Stores, 6%
2-15
$1
Co.', 7ck pfd. (quar.)__
(Me.), (s-a)_
International Utilities Corp., $3.50 pr. pfd._
Interstate Department Stores, common:
7 7c
preferred (quar.)—4___/z4/___
Interstate Telephone, $6. pfd. (quar.)___
Investment Foundation, com. (initial)
12-16
1
$1
12-20
$1.75
International Telegraph
1-10
$1(4
(quar.)
12-11
1-
mv2
7.
McCrory Stores Corp., 5% pfd. ,(quar.)____
Mclntyre Porcupine Mines, extra—
u.___
McKee (A. G.) & Co., class: B_—_________
12-18
t$V/a
International Silver
12-20
$1,121/2
<—_______
.
1-
$1V8
Shoe
3
$3
1-10
'
si%
;Y Yp
Instruments—
preferred
$G
2-
International
preferred (quar.)
.(year-end)
6 %
2
UV/2
International Paints> 5% pfd. (accum.)
International Power Co., 7% pfd. (quar.)__
12-24
,12-20
12-20
1-
50c
(s-a)__
Common
1-15
t25c
_^________4
preferred (quar.)__
1-15
40c
(quar.)
50c
International Nickel Co. of Canada—
<
Son'
&
$23
(quar.)
convertible preference "A" (quar.)__
6%
International Milling, 4%. preferred (initial)
7 7o
12-20
i7y2C
common
(quar.)
1-14*
1-28
5%
■W
preference
convertible
6%
International Ocean Telegraph Co.
3
12-15
:
—
12-31
.35c.
Co., 7%, pfd. (quar.) _
General Foods Corp., $4.50 pfd. (quar.) —
General Investment Corp.
:___z_YGeneral Machinery Corp., 4(4% pfd, (quar,).
General Mills, 5% preferred (quar.)———
General Motors Corp., $5 preferred (quar.)_
General Outdoor Advertising, 6% pfd. (quar.)
General Paint Corp., $2.67 preferred (quar.)
General Printing Ink, $6 preferred (quar.) —
Georgia rower, $5 preferred (quar.)
$6 preferred - (quar.)
———~--General Telephone Corp., $2(4 pfd. (quar.)_
(interim) 4_
Class A
1-15
1-3
Investors/$6 pfd. (quar.)
General Fireproofing
<
1-20
1-
1-15
1-
(quar.) 4..
l
2-
'
General Time
1-
1-20
12-15
International Metal Industries, Ltd.—
1-3
;
1-15
International Match Realization (liquidating)
1-15
«
12-22
.
International
Products
(quar.)_____
1-15
Massawippi Valley RR. (s-a)
McColl-Frontenac Oil Co., Ltd.—
12-18
12-22
3
•••
International Harvester Co., common (quar.) '
Cellucotton
12-11
17 V2 C
'
12-17
1-31
3
3
1-
20c
4
12-31
1-1
$1.75
Baking Co.—-----:
General Electric Co.
—yy-«~~Y~z,■%/-•//
(quar.)
3
1
11-
(M.)
12-15
1- 3
Massachusetts Plate Glass Insurance
37VaC
1-21
1-
General
preferred
Tel.,
&
of Rec.
$ 114
$1,75
Marsh
40c
International Business Machines— :;.j ,
Stock dividend ___^/__z__
/____
1
1-
-
General American
9-15
10-2
partic.
6%.
■
1-
conv.
6-15 V
Tel.
preferred
Holders
-
1
1-
(quar.)/
12-18
3
t$4
non-cumulative
6%
1-
7%
7%
12-31*
1-15
40c
preferred
8%
3-15
7-1
Co.f common
Inter-Mountain
12-15
12-15
preferred (quar.)
/:/
H '
Gardner Electric Light, common (year-end)
Gemmer Mfg. Co.—; ■■.
Y:YY; 7tr' v:y-. 75c
Class A $3 partic. preference A (quar.)--.$iy2
$3
50c
(s-a)___—
Telephone, com. (year-end)
preferred (year-end
International Bronze Powders, Ltd.—
...
:
Common
(quar.)
1
4-
7% preferred (quar.%.-4W-^—' ;■
' $1
Fuller (George; A.) Co., 4% conv. pfd, (quar.)
50c
Fyr-Fyter Co , class A (quar.)
,—<—-—
20c
Galveston-Houston. Co.. —
zY-^---.---/.
$1.50
Gannett Co. Inc., class B preferred (quar.)(.'If,.'-" 25c
Gardner Denver, common (quar.)—
75C
Brush,
Fuller
12-20
1-
20C
Malting Col (quar.)——.
Froedtert Grain &
12-31*
(s-a)_
Intercolonial Coal
1^ 1
$1.50
.
12-10
1-15
t$l..
12-24
3
50c
V
//_/
:
(s-a)__^.
Co.,
Water
Maritime
1-15
v
■
of North America
: $2c
$1.25
Resumed
.
Insurance Co.
5
1-
1-
t35c
of Canada
Co.
Process,
•
1
(quar.)—__-------■■
(quar,)—-
preferred
7%
Foundation
12-20
When
Payable
pfd,. (quar.)_______
Marion Reserve Power, $5 preferred
Marion
•
Machine, common__—
75c
Forbes & Wallace Inc., $3 pfd. cl. A (quar.)
.;)'/$! Vu
Foreign Light & Power, 6% 1st. pfd. (quar.)
37V2C
Foster & Kleiser Co., 6%., pfd. cl. A (quar.)
37',2 c
Foster Wheeler, 6% prior preferred (quar.)- ,
37V2c
6% prior preferred (quar.d'w"--——^----^-.''
37J/2c
6%. prior preferred (quar.)Z
—
37 '/2c
6% prior preferred (quar.Uv------'*--'-'-$1%
Gear &
Foote Bros.
12-20
3
1-15
25C
.■
3
1-
,
Name of Company
12- 6
1- 3
$3
■
25c
Per
of Rec,
share
Holdert
Payable
4
Ingersoll-Rand, 6% preferred (s-a).
Inspiration Minipg & Development Co., Ltd.—
12-18
1-
Name of Company
,
13-21
1-3
50c
,
—-
3
1-
$lJ/2.
$l3/4
Flambeau
of Reo.
Payable
When
share
Hoiaert
When
Per
thare
1-3
12-18
1-
12-18,
$1
1-3
40c
1
1-
20C
3
12-13
12-13
1-10
■
3
12-15
1-
$1.50
12-31
1-
$1.62'4
$1 50
3
1
1-3
$1,75 4
12-
3
12-11
35 c
1-
3
12-23
$1.75
1-
3
12-23
1-15
11-20
i
12-24
'
$1
1-
$2J/a
..
$2y2
'
■1-3
12-24
3
12-31
$iya
1-3
12-15
$1%
1-
12-15
75c
1-
3
$1.50
1- 3
12-27
$iy4
2-1
; 1-15
Volume
Number 4243
159
THE COMMERCIAL & FINANCIAL CHRONICLE
,v".
Name of Company
;
preferred (quar.) _____
Norfolk & Western Ry.,.adj. preferred (quar.)
North
*
of Rec.
Electric
&
for
com,
each
100
,
,
"• '•
.
f
5%% preferred
717/aC
(quar.)...
North American Car Corp.— ,
;
• i,
";v $6 1st preferred A (quar,;)_;___^;__,^.!) $1%
? $6 1st preferred B (quar.)
,$1V2 !,
.
American Rayon, 6% prior pfd. (quar.),
North Star Oil, Ltd., 7%
pfd. (accum.)
1-
++ CO ev*
$3y2
Railroad
1-
3
12-6
1-
20c
3
12-22
1-
20c
Corp.
12-22
12-22
3
1st
1-
1
2-
1
Central
7 %
(s-a)
Ry.
Northern Indiana
Public
preferred
(quar.)
6%; preferred
(quar.)
'
.
5l/icIc- preferred
Northern
1
12-10
$1%
1-
1
12-10
$1%
2-29
2-
2-25
1-25
20c
common......
preferred
(quar.)
Corp., 80c pfd. (quar.)
preferred (quar.)..
6%
_______
—
States Power
67«" preferred
■'
.7%
(Del.)
:
preferred
S5
$12c
Co.
■'{;
_______
Norwich
Rubber, 7%
Worcester
&
O'Brien
Gold
1-
1
!: 12-31
12-31
$1.25
& $1.75
1-15
> 12-31
RR.,
87i>
Power
Mines, Ltd.
6%
preferred
Edison
Ohio
$7
class
Co.,
1-
$1.50
.
\
87 %C
3
3
3
$2
;;
1-
3
3
$ 4c
1-
1-29
l-
$25c
preferred
$6,60
preferred
:5;y
1- 3
12-11
12-15
Rochester
Supertest Petroleum
1-
12-
Leather, 8% 1st preferred ; (quar.
2nd preferred (quar.)
preferred
Silk
A
1- 3 '7 12-20
12-20
Robbins
Service Holding
3
1- 3
1-
3
12-20
Holland
1-
3
12-20
67o
1-
3
12-20
Rollins
Corp.—
-
1-
3
12-20
$1.25
1-
1
12-10
Root
12-14--
Rubinstein
Roeser
&
Paper,
Pendleton
Paper,
77c
Clinton
Inc.
Colony
Insurance
Ontario
Loan
Ontario
Steel
77'0
Debenture
&
Products
,'
Texas
1-
1
12-15
Texas
1-
1
12-15
1-10
12-27
8c
1-'l
'
12-15
Safeway. Stores,
■:
12-151
St.
$$1V4
;
$25c
2-15
1-15
J50C
1-
3 7
12-
115c
1-
1
II-10
1
11-10 '
12-15
St.
(quar.)..
(quar.)-..
37V2C
3
12-15
St.
$1%
\
1-
3
12-15
San
Atlantic Telegraph Co. ,(s-a)_.___
Gas & Electric (quar.)—
50c
:
1-
3
preferred
___
.
Pacific
Lighting.
(quar.)
$1 %
10c
Pacific
Tel. & Tel.,<6.% preferred (quar.
Advertising (quar.):%________
Page-Herscy Tubes (quar.,)....—..—
$$1'4a
Panama: Coca-Cola
Bottling..
Pipe Line, 5.6%pfd,.(quar.)
Panhandle East:n
Parrafine Cos.,
47*
preferred
;
$lc
cumulative
$1.40
Traffic
Co.
Granting
class
A
(quar.).-
for
70c
25c
.
:
—
_
■v|
67o
Mines
Silbak
Premier
Sinclair. Oil
Smith
12-10
Il" }
1- 1
,
$2y2
1-10
75c
1-15
$1.12%
$1.06 y4
2-1
:
v
12-30
'
,
$1.3174
■k:
—-
1-17
2-1
1-17
'12-21
,
• 1- 3
,
' 1- 2
$1 771- 2
,50c
8%
12-15
25c
1-10
Butler
Radiator
(irreg.}.
......
1-10
12-15
Pilot Full Fashion Mills..———
1-
10c
—
1 •
Common
,77c
,
(quar.)
preferred
Pittsfield
&
Plainfield
Planters
_—_—.—
(quar.)..
Adams
North
Union
Nut
Water
(s-a)
12-21
Cordage (quar.)—
(quar.).____———
Plume & Atwood Mfg. Co. (quar.)..——
Porto Rico Power Co. Ltd., 77$> pfd. (quar.) '
Power Corp. of Canada—
( 6%
non-cum. partic. preferred (quar.)...
67^ 1st preferred (quar.)_^__
Accident
Gold
Insurance
Mining,
Ltd.
3
(extra)
(reduced)
5%%
Steel
57<>. 1st
5%
2nd
$iy2
1-20
pfd.
.
12-15
(quar.)
Preston
Price
Car,
50C
wl-
1
$$1%
1-
7
3
East
Dome
Brothers
Procter
&
&
Mines
*
12-20
1-18
1-15
1-
Propper-McCallum Hosiery.
Proprietary
Co.,
dividend)
for
•
each
Ltd.
Mines,
prosperity
class
A
(s-a).
shares
100
—
57o: pfd.'(s-a)__
&
class
B
1-
1
The
12-27
.
3
1-
2
12-10
208
1-15
12-31
1
1"
1-15
1-
$$1%
12-15
II-?0
1
1-15
$2%
12 244
1-
$2
12-24
1-
$8c
3
7
12-
7
C.)
(quar.)_
Public
•
,r
■
.
•
7%
Paper,
Service
Co.
-
preferred
1-31
1-21
1-3
;
(quar.)....
of Colorado—
12-15
prior
pfd.
A'-:
6%
class A
12-10
United
Fruit
United
Light & Railways Co.
1- 3
12-20
7%
2-
1
1-20*
2-
1
,1-20*
1-
3
12-
>
v-'i-;
5 7r
preferred
preferred
Common
(monthly).....——
(monthly)
(initial
50c
.
3
1-3
_
41 %C
1-3
quar.)..——;—
4iy4C
2-
12-20
■
12-20
1-15
Ihiblic- Service Corp. of N. J.—
r6%
preferred (monthly)..^..
1-14
12-15
*.
67c-
preferred
(monthly)-—.^.——.——
50c
50c
2-15
1-14
12-10
3
12-15
40c
1-
3
12-22
1
1-
3
25c
1-1
12-17
1
12-17
$1%
1-
12-18
$$1.75
1-15
12-31
50c
12-18
1-
12-
95c
I- 3
12-20
$1%
1-
12-
$35C
1-15
12-31
1-3
12-10
75C
...
1-3
75c
w
12-23
1-
3
12-15
1-
3
12-15
1-
3
12-15
1
3
—_____
.
4
(Del.)—
preferred
preferred
3
58y3c
Mfrs.—
(quar.)
!
$l'/4
1-3-44
12-17
4-1-44
3-15-44
12-16
United
6-15-44
1* 3
i'i
12-22
$3
partic, preferred—
!
United N. J. RR. & Canal
(quar.).
United Printers & Publishers—
$1
1-10
1-1
12-15
1-1
12-15
1-.
•
1-
U.
1-1
12-15
1-14
-
$1.25
1-
1-
1
12-23
1-15
12-31
$15c
!:!;!• 2*. ,i;
$$1%
J 30c
1-28
$$1%
1-20
12-31
U.
12-31
U. S.
$1.50
12-15
12-22
75c
1-
3
12-22
7%
1-3
12-15
$1%
U.
1-15
$1.12%
1-3
50C
1-
3
1-
3
37%c
12 %C
3-
1
2-15
3-
1
2-15
$1.75
V-*
I
1-15
1-15
2-15
37 %C
1-15
1-15
J 20c
■2-15
•
(quar.)..
1-15
70c
12-20
35c
....
$1%
_______
12-31
(quar.)
'
1-12
l"14
1
1-
5
1-
12-20
$1%
1-
3
1-
3
(irreg.)
1-
3
12-15
1- 3
12-31
$1%
$1.06%
2-
1
2-
1
1<-
1
:$$2
1-
3
12-31
1-10
12-21
noc
(quar.)
1-10
12-21
Cc/., 67c preferred A (s-a).
$3
1-
12-17
3
Standard Wholesale Phosphate & Acid Wks,—
Common
40c
3-15
31 %c
2-15
J 15c
1- 3
.12-20
$75c
1- 3
12-20
3-
4
preferred (quar.).
.
1-29*
7%
11-12
1-
3
12-
1-
1
12-16
1-20
1-10
2
1-3
12-20
12-31
1-15
12-31
$1.25
1-
3*
4-
3*
7-
3*
40c
:!.;
3-10-44
2-25*
6-25*
7 7
(quar.)____
ny2c
12-30
2-
1
1-12
$2
1-
3
12-17
75c
(quar.)—
1-15
$1
(quar.)
preferred
1-1-44
12-27
$1.75
1-
12-15
62%c
1-3-44
20C
2-1
■'
8
Co.—
Cotton
River
1-15-44
4-15-44
40c 6-10-44
Ltd.
RR.,
class
1-15
12-20
2-1-44
1-15
5-1-44
8-1-44
7-15
3-20
3-10
$1%
(quar.)
1-20
$1%
4-20
t$l
$1%
1-
3
4-15
1-10
4-10
12-20
12-15
1-
12-15
$3%
(s-a)
1-
75c
(s-a)
1-
12-31
;•■■■
; $iy4'
2-
67%C
2-
1-15
(quar.)_.
$1,50
It
12-27
(quar.).-'
$1.50
1-
12-27
is-a)
Motor
12-24
3
$1%
Brothers, $2.50 class B
non-cum.
37y2c
1-
37y2c
(irreg.)
(quar.)__.
gtd.
.
,$$1.25
37y2c
common
A
com.
preferred
Co.
25c
(s-a)._
(quari
1-
12-15
$1%
1-
12-14
I2%c
1-
12-24
2-14-44
$1.75
5-31-44
5-15-44
$1.75 8-31-44
$-15-44
12%c
25c
West Jersey & Seashore
RR.,
(s-a)
$1%
West Penn Electric, 6%
7% preferred (quar.)
preferred (quar.)..
——!
$1.50
West Penn Power,
preferred
4Va%
1-15
$1.75 2-29-44
preferred (quar.)...
preferred (quar.)—
Wentworth Manufacturing
Wesson Oil & Snowdrift
West
4-10
1
$1.25 7-15-44
preferred (quar.)
preferred (quar.)
7% preferred
7%
12-10
1-
87%C
___________
-
1-15
5-15
1-15
(quar.)
(quar.)_:
Wayne Knitting Mills, 6% preferred
Weinberger Drug Stores (quar.)
Welch Grape Juice Co;—
12-15
1-15
noc
50c
$1.18%
Washington Title Insurance,
1-15
$1.25
7%
$1.35 class A
12-20
1-15*
35c
(quar.)
.Detinning Co.,
Warren
1-15
75c
1-15*
1
$1%
(s-a)__
(quar.)
6%
1
SOc
Wagner Baking Corp., 7% preferred
$3 2nd preferred (quar.)
12-15*
1-20
22-
50c
i
_____
(quar.)
Ware
12-15*
1-3
v
12-15
2-1
$1.25
preferred
7%
•
5*
25c
____u
preferred
7%
1-
50c
prior pref,
$5 preferred
6%
;.
12*31
50c
6%
Waukesha
quar.).:.
—
3
(quar.)..
prior preferred
Vulcan
5
.$1%
(accum.)
preferred (quar.)
Co.;
7-,
1-20
1-15
$1.75
(accum.)
(quar.)—
7%
preferred
preferred
Wabasso
2-
1-15
25c
...
(quar.)
common
1*
68%C
(quar.)_______________
Vertientesi-Camaguey Sugar
Viau Ltd., 5% preferred
(quar.)
Virginian Ry., 6% preferred (quar.)
7
12-31
1-15
75c
$1.12
(Ohio), 5% pfd. (quar.)___
A (quar.)
5%
12-20
Leaf
Knitting
5%
12-31
:
75c
.
Radio,' Class
Ltd.,
3
/7;7.y7;
common
Stockyards Corp.—
conv.
Utica
—
Springfield Gas & Electric Co., 7% pfd. (quar.)
Square D Co., 5% preferred (quar.)_-___i._i,_
Squibb (E. R.) & Sons—
pfd.
1-
(quar.)
preferred A
Upson
1-20
'
$1%
(quar.)
.....
A
1-10
$1.75
preferred—
Sugar Corp.,
6%
12-20
12-15
,
1-15
$2.50
Tobacco, common (quar.)__
8%
preferred (quar.).
!__
Upper Michigan Power & Light—
12-20
Insurance
!_____
12-31
$1.75
(quar.)..—
Chemical,
Lines,
preferred
United
1-20
$$1%
(quar.)
...
preferred
(reduced)
preferred (quar.)
6.4%
12-20
CO
37 %C
(quar.)__
(quar.)....
conv.
Universal
(Dallas)
1-15
preferred (quar)
7 6.4% preferred A (quar.)
12-15
37 %C
Co.
12-14
25c
$5
-
12-15
$2
_
(quar.)
pfd.
12-14
5
Smelting Refining & Mining— 7
S.
$5
12-20
5
1*
Common
U. S.
1-3
1-
Playing Card (quar.)..
Plywood Corp., common...
3
34%c
5%
States
1-
y:y.
12-20
25c
1- 3
$1
(quar.).
Elec.,
S,
12-15
37j/2C
....
(accum.)
Convertible partic. class A
(irreg.).
7%
prior preference (quar.)..
3
37%c
pfd.
preferred
Machinery—
conv,
"';! 62%c
(quar.
6%
7%
Hoffman
United
'
Gas,
(Baltimore)
12-15
3
1-10
62%c
•
—
U. S. Leather Co., conv.
partic. class A
1-15
•;;'/.
25c
,
1-
,
50c
(quar.)...
Extra
1-15 v"!
1-15
Co.,
U. S. Industrial
12-24
25c
/
S.
1-3
1,
25c
Foil
5'/2%
12-28
1-25
2-15
A:
common
(quar,).
U.
12-10
$'2c
,
(quar.)—
Machinery,
Fidelity & Guarantee
S.
'
M0
1-3
12 %c
Ltd.
U.
12-11
1-.3
t3C
$2%
United States Guage, common
(s-a)
7% preferred (s-a)
United States Gypsum 7% pfd.
%:
4
15c
—
preferred
50c
$1.25
Extra
12-15
1-1
common
preferred, (quar.)....
S.
12-15
1-1
Products,
Shoe
6%
:
12-21
10c
•
conv.
United
.12-15
$3
(quar,)
$2
Milk
v
1
10c
5
Life
conv.
12-24
1-
$$1,
7-1-44
12-15
Brothers,
$1.50
$lJ/4
1
Stedman
12-24
$1%
3
Standard Screw
3
(quar.)
1-1
_______
6'/2%
1-
(quar.)
1-
Fuel,
12-15
$1%
preferred
1-
Standard Oil Co.
3
preferred
$1%
Standard
(quar,)
(year-end)
Merchants &
8
1-
5%
"
(quar.).
series
1-
$$1%
5%
$iy4
preferred
1-15
12-16
&
Extra
$1.50
,'12-16
.?
Gas
6%
12-J15
3
1-
preferred
Co.
prior
United
Edison—
Stanley Works (The),
,
—-
3
1-
3
3
"
)
1-
$$1
(monthly
6.36% preferred (monthly)
6%
preferred "(monthly)
7
30c
(quar.)
12-20
1
12-21
1-
$1.37%
(quar.)
common..
Canada
Class B
1-
12-21
12-21
53c
12-10
12-10
3
25c
•
58y3C
3
1-3
Investments—
3
62c
■
partic.
Standard
•:
7%-'preferred (monthly)..——_
6 7r
$$l3/4.
1-
1- 3
50c
Fuel
,
Provincial
12-20
$75c
United
Associated. Tel., $6 pfd, (quar.)
$5
3
;
12.10
$1%
!
•___
$4.25 preferred series B (initial
Standard Fruit & SS., $3 partic. pfd.
(stock
1-
(quar.)—
3
7;
-
(quar.) ...J.
preferred
A
Corp.
1-
5%
Louis—
Corp., common....
preferred (quar.
Springfield Fire & Marine Insurance
.
12-20
Union Investment Co., 7.6%
preferred (quar.)
Union Pacific RR.
(quar.)...
United Bond & Share, Ltd.
$3.;
$3
.
3
3
$1.25
of St.
Spicer Mig.
12-107
3
12-
1-
$1;75
Quarterly
12-10
1-
12-
1
$$iy4
Carbon—
12-22
1-
12-31
1
1-
known
12-31
1- 3
1
50c
(quar.)
3
1-
12-22
1-
58V3C
;
1-15
iv
12-10
$3.50
r..__
Greyhound Lines, com.,
C
&
3
3
*
Salle Street
$iy8
Bleachery & Printing Works—
preferred ; (quar.
original
preferred
$1%
...
California
Tobacco, Ltd., 7%
Carbide
11-
1-
of
South La
12-21
$25C
company was formerly
Tubize Chatillon Corp.
Union
12-18
1
41 %c
above
as
Tuckett
12-21
3
±7y2c
Ltd. (Toronto) (s-a)
Tubize Rayon Corp., new (initial
quar.)
7%
preferred (quar.)
12-31
1
1-15
12-18
1-
$1
Trusts & Guarantee Co.
5
1-
$1%
(initial
6%%. preferred
12-10
1-
class B common
held
'
12-23
3
1-3
1-
$ 1 Vb
.7'
1-
•
(s-a)
Mines,
Co.
10c
3*
$$2
America, 7% pfd. (quar.)
Tri-Continental Corp., $6 preferred
(quar,)
~
1-1
?5c
(irregular).—....
three shares of
25c
7,
..
Trailer
Southwestern Public- Service—
4
12-15
62y2c
(quar.)
1-
Southwestern
12-20
6 74 c
8%' preferred
Gamble,
-i
Southwestern
—
1-15
1-15
Co., Ltd., 5V2% pfd. (quar.)
12-18
Southwestern
12-10
•
$75c
Uc
(quar.)___
12-30
$i
Power, common
preferred (quar.)
Southern New England Telephone
12-15
•
20c
—
5
1-1
:
'
xnvs
common—;—...
1-
$1%.
____
Porto Rico
Sugar,, common (interim)
preferred (quar.)__.
Southern
.6%
1-17
General Trusts Corp. (quar.)
Mortgage Co, (quar,)
'.Torrington Co. (quar.)"_;_..___
Tow.le
Manufacturing (quar,)._;.._______i
Traders Finance, 6% preferred A
(quar.)...
12-20
2-
(quar.)_____
preferred
'
6%. preferred
12-31
1-1
-
15c
—
preferred (quar.)__
preferred (auar.)—
3
$1%
(s-a)'——
Southern California
12-15
1
...
Toronto
12-22
1-
:75c
iv-v
'
Pressed
1-3
-
"*•
$1%
(Wash., D.
preferred
;,7 Common
■
—
,
Premier
1-
$2%
Inc.
Preferred
12-31,,:
12-25
2-
Toronto
1-15
12-31
(qua r
5%%. preferred
3
3
'r
Plymouth
Plough
12-10
1-
.
$1
(quar.)
3
5%
(monthly).
1
2-
(quar.).
Rayon, common....____________
(Howard) Paper Mills,,6% pfd. (quar,)
Southern
"-12-10
3
1-
$2.50
__
(quar.)—
Chocolate
&
Corp.
1-
$1%
——_—
RR,
1-
$1%.
—.—
pfd.
preferred
(irreg,)...
Extra
12-lf
Pittsburgh Fort Wayne & Chicago Ry.—
7%
3
Southern
7%
12-21
$1%
25c
$2
,
Pierce
3
$$1%
preferred
5%
Co.—•
Corp.. (quar.) ._..i
Southeastern
12-30
$1
(year-end)—__
South
12-15
.
.
1-
(quar.)—_
25c
quar.)
67o preferred (quar.)—!
South Carolina Power, $6 1st
pfd, (qugr.)__
South Pittsburgh Water Co.—
Vv.
7. 7.
4%% .preferred (quar.
-1.
12-31
12-
$1,50
••
25c
Aircraft, 50c conv. pfd. A (s-a)___,.
Sorg Paper, 4-6% preferred B (accum.)
South Carolina' Elec. & Gas—;
7 :7
5%
12-15
3
<quar.)_
Edison Co.,
6%
.
12-15
"
12-31
3
1-
...
1-
$1
Solar
1
preferred
Toledo
A
12-27
.
Skenandoa
12-1
.
1
1-
$1.75
common....
2-
•
J$1.75
preferred ..(quar.j_.
12-
3
2-
10c
25c
(monthly)
(monthly)
Tooke Brothers, Ltd. (initial)
1-15
"
(accum.)
(s-a)
preferred (s-a)_—...
Sigma
12-31
$10c
$1.25
12-24
(quar.)____
preferred
conv.
12-21
1- 3
,50C
_
,
common
preferred
17c
12-11
12-21
:__!
Packing,
7 %
5
1-15
preferred ,(s-a)
12-11
.
3
/■ 6 2 Vs C
—
Co.,
\7 ' 1'
—
3
'1-25
SIV2
4'/4 % jpreferred
(Albert)
1-
'■>■7
*——
12-15
Tobin
12-10
1
t35c
Sheep Creek Gold Mines (quar.)....
Sherwin-Williams of Canada, com. (interim)
712-21 7
,1-1
25c
20c
:
——
Philadelphia.& Trenton RR.( quar.)________
Philip Morris & Co,, Ltd.,7common (quar.)
Extra .7.
1-
$1.75
$1.06 V*
„
3
1-15
pfd.
Sharon Steel Corp., $5 conv. pfd.
Shawmut Association (quar.)
12-15
1
:
Top Tailors, Ltd.. common
7%
preferred (quar.)
12-21
;
$1
(quar.)
Shakespeare Co.
12-15 "
3
1-
...—;
(quar.)..——:——_
Phillips Packing,. 51/4 7; preferred (quar.)..
Phoenix Insurance
(Hartford)
(quar.)—.
1
1-
V$1
-
preferred ' (quar.)
1-
$14
Year-end
4
$3
(quar;).._._„___...^:
preferred
6%
•
1
t25c
...
Shamrock Oil & Gas Co.,
:
12-15 7
7:1-
12 '/2C
Philadelphia Electric Power, 8# pfd. (quar.)
Philadelphia Suburban Transportation—
5.7'c preferred (quar.)_—.——
4 '/2
12-15
3
$1.25
v
$5 preferred
(quar.)
—
1___
PeopW Gas Light & Coke.——
Peol^a Water Works,- 7% preferred (quar.).
PeluMilk Co.,;4preferred
(quar.)..
(quar,)—-,--
1:.
1-
(interim)....
Tip
1-
''A
(quar.)
Electric, $6 preferred
"
_
preferred
2-
■
12-21
25C
—
.: !
6%
Yards
(year-end).
Selected Industries, $5y2
.
(quar.)—____——:—-,7
Philadelphia Co., common..
$5
preferred
(quar.)
7
1
...
2-15
$iy4
(quar.)__
common
Power
$2y2 prior preferred
12-15
1
-
Seiberling Rubber, 5% class A pfd. (quar.).
12-15
12-20
25c
7 Common
.
Pennsylvania Sugar Co., 5 7w pfd. (quar.)..
Pennsylvania Water & Power, com,, (quar.)
(irregular)..
12-10
1
1-
1-
(Los Ang.) (quar.)
Mortgage Guarantee (New Orleans) —
2-
(quar.)._._,.
$4 V2
Co.,
Security Storage
12-10
.
11-
12-10
25c
Trust
1
$1*
pfd. A (accum.)
conv.
Securities Investment Co.
1-3 7.12-15
;;■! $1.75
$1.50 V:7i- 3 '
12-15.
__________—
Co.
1-
%vu
—
3
.1- i
$1 V\
Power, $5 preferred (quar.)
Pennsylvania Power & Light Co.—
$7 preferred
(quar.)....
$6preferred
iquar.)_;_;:——
Phuidler
.
3
1-
;
12-20
:
12-15
12-10
3
1-
Oil—
(quar.)
&
3-
preferred
3y2%
12-16
1
25c
Cement.......
debenture D
TT .2nd
I-14
3
1-
■'
$iy4
r..
1-
:
A
6'A '1st preferred
2-5-44
1-
$2
■
(quar.)
Scruggs-Vandervoort-Barney, Inc.—
12-15
2-19
'
debenture B
Paper
5 ';'o
.
.
.6 '/2 7o
$4
,12-10
,
1-24
40c
Pennsylvania
debenture
Scranton
4
Lives
on
(quar.)—
Pennsylvania Edison, $2.80 preferred .(quar,)
$5 preferred
(quar.)
—ZSl
Pennsylvania Glass Sand, common' (quar.)—7
'.■■ 57c- preferred (quar.
I——
preferred
1-1-44
;i5c
Insurances
Annuities
1-
&
preferred
:
preferred
Water Associated
$4.50
12-20
$1%
•
;
&
Scott
12-16
35c 2-15-44
..
Electric
Schenley Distillers,
;■
Title
1
.
1
1-
<s-a)_
(quar.)
$3.50
2-15
;
(quar.)..^.^
(quar.)
12-15
3
1-10
preferred
1
six months'
covers
25c
;;
(quar.)
preferred (s-a)
67o
Portland
12-31
1-. 1;
•
50c
;i,
(irregular)
Pennsylvania; Co.
"and
(quar.)
common
.
Insurance
;! 1- 3
15c
(extra)
Stock
7%, debenture C
7;
12-23
1-10
preferred-.—^.;'..--.. Mm
Telephone,
7>/2%
12-31
2:,;
1-15
8%
12-31
3;
j-
$1.40
Cruz
12-15
1-15
'tr SI-
Paymaster Consolidated Mines, Ltd. (interim),
Feaslee-Gaulbert, 6%
Peninsular
2
:
Title
3-
preferred
$1%
■
preferred
Paper Mills",
National
Savannah
1-
,
$1
(quar.)_.___!_.;
12-15
1-
Sly;
■
2
1-15
$iy2
.
Packer
Santa
1-15
••
12-10
1-20
$1.75
•
5
(quar.)
preferred
12-30'>
1-
.
$iy4
______
5%
-
12-11
3
4%
Thayer's Ltd.,
12-17
1
1- 3
...
1-
Regis Paper, 7%. preferred, (accum.)
!!;r- $1%
Diego Gas & Electric, common (quar.).
20c'
1-
50c
—--—
$5 preferred
12-15
Louis
1-15
50c
(quar,)—————
'•■A Extra
1-
5%
Corp., 4%
St, Lawrence
1
prior
.
12-18
1- 3
$1%
pfd,_.(accuin.)
coriv.
Avenue
preferred
1-
7
;
12-27
3
II-15
$20c
$6 preferred (quar.)
Texas Water, $6 prior preferred
(quar.)—
Textiles, Inc., common
1-10
12-
2-
68 %c
Service,
1-
$2
—
Lawrence Flour Mills,
7%
1-
Pacific Indemnity
Pick
St.
SlVs
ser.
&
Pacific
,$6
1
$$1.25
Investors,, pref.
<;•••
St. Lawrence
(quar.)
$5.50 .conv,
.Pacific
$5
7'
Fifth
Croix Paper Co.,
Common
(quar.)
7-.
1-15
2-15
(quar.)-_•_'
preferred
$4y2 dividend
.
3
Russeks
I
.t$l%
(quar.
Pacific-American
Penn
1-
■
.
.
37 %c
(Helena), class A (quar.)..
$2
I-
i
12-17
1-15
$62%c
!—
(quar.)—..
Electric
12-15
1-1
r
$1 %
—
period ending July 1, 1943)
Tech-Hughes Gold Mines, Ltd. (interim)
Tennessee Products, 8%
preferred (quar.J.¬
Co.
12-17
1-3
$$2Va
50C
Aviation,
Preferred (this dividend
12-16
(s-a)._._.
(irreg.)
preferred
Petroleum, $1.20
■
(quar.)—.
Otter Tail Power,
I
X- 3
,
(quar.)
Taylorcraft
•25c
RR.____
$6.50
1-15
(quar.)__
!_—_______.!—
Ottawa Electric Ry. (quar.)—-————.
Ottawa Light Heat & Power Co., com. (quar.)
:
$5
pfd.
.
12-17
3
1-3
$3c
12-30
12-16
1-3
(quar,)
12-10
1
4
1-
(quar.)
1
3
5
1-
12-17
30c
preferred (s-a). '
1-15
1-
1-
3
30c
1-
1-
1-
$75c
12-10
12-15*
1-20
$50c
(s-a).
1
12-23
1-15
50c
(s-a)
com.
...
Brothers,
HvJ 25c
preferred
57;
•
12-11
1-
3
12-31
50C
Talcott
(James) Inc.—
5'/2% partic. preferred (quar.).
Tamblyn (G.) Ltd., common (quar.)
5%
preferred (quar.
3
12-10
12-10
12-16
(quar.)
Corp., Ltd.,
shares
Co.
1
1
1-15
1
12-15
1-
•y;;
1-
1
12-10
$1.75
(quar,).
i
common
Mills
(Calif.)
Tacony-Palmyra Bridge, 5%
$1.75
preferred......
(quar.)...
Hosiery
&
Roos
preferred (quar.)
(quar.)
:
Old Colony Trust Associates (quar.)
Omnibus Corp., 8%
preferred (quar.).—__
Old
1-20
1-
(quar.)
Ltd.,
preferred
Rome
.
,,
non-cum.
1
Tide
RR.
1-
$1%
1-
12-10
25c
Genessee Valley
$1%
1-
2
'
Ohio
(i $5
&
12-31
68 %C
3
J50c
(Sabin)
$1.37%
.!• $1.25
preferred (quar.)—...—
.preferred (quar.) _____________
Swift
$1.50
7
Rochester Telephone, common (quar.).!
4y2 % 1st preferred A (quar.)—
&
$1.50
5 V2 %'
1-
$1.50
12-15
1-
12-20
12-23
5
$$3.25
1-
Co., common (quar.)..
preferred (quar.i-^.
conv.
$1.25
•
1
20C
Button
$1.75
(annual):
Service, 7% preferred (quar.)..
preferred (quar.).....—:
12-15
12-30
1
1'
(quar.).
1- 2
(quar.)__._
$1.50
3
2-
$1.37%_
1
class
Rochester
Till-
1-
Ordinary
1-15
25C
$1.50 preferred B (s-a)
Superior Steel Corp
Supersilk Hosiery Mills, 5%
Corp,—
(quar.)
Mills,
12-15
$2
6
12-15
3
50c
3.
$1.75
—
1
1- 2
Mold
7
7
(quar.)..
preferred
$iy2
;
1-
•
Public
5
67o
Co
Water Works
Riverside
$1.25
Insurance
12-23
$5
(quar.)...
12-15
(quar.)
Life
Protective
12-15
preferred
National
Corp.
Canada
1-
12-30
1-
25c
12 '/2c
$4
.
$1
of Ree.
I-
1-15
$2.50
;
si%'
3
$5
67o
Super
$iy8
pfd. (quar.)
conv. pr,
1-3
$1.50
Ohio
12-14
30C
:
1-
(quar.)
Ohio
3
V.
$1.75
preferred
7%
/S
f:
(s-a)__
$1.65
;
(quar.)—
$6
Ohio
Brothers
of
1-
2c
Ricliinan
I-3
$3
$1.80
(quar.)...
Electric
Co.
1-13
3
11-26
2
Richmond
.V:";
!
preferred
(quar.)..:
(interim
RR.
1
(quar.)
$1.25
Dry Goods Co., 77V 1st pfd. (quar.)
7% 2nd preferred (quar.)
Rickel
(H. W.)
(s-a)._
12-15
(quar.)_____„_
(accum.
A
(quar.)
Rice-Stix
12-15
1-
(year-end)
Island
Assurance
;
Superheater
50c
Rhode
12-15
$$1.25
(quar.)
(reduced quar.).
Sun Life
-
Sylvanite Gold Mines
12-16
3
12-17
2-
50C
(quar.)..
Sunray Oil Corp., 5y2%
87 %c
(quar.).
Investing Corp., $7 pfd. (accum.).,
Reynolds Metals Co., 5%% pfd. (quar.)
Rhinelandcr Paper (irregular)_._.—
12-20
1-
(quar.)
12-13
$1
67o preferred A (quar.).__
12-20
1-
$1.50
0
(quar.)—
pfd.
1-
preferred
Holdere
1
__
12-31
Reserve
——
$7.20
Saratoga
Republic Steel Corp., 67o
Cities Water Co.—
Ohio
&
$5
2-
$75c
(John B.)
Sun Glow Industries
Engineering—
Remington-Rand, common
$4y2 preferred (quar.):
Renssalaer
1-20
&
preferred
$5 convertible preferred
4
1-20
Corp.,,7%
Reliance Electric
12-31
1-25
2-
E;!^ $1
$i.3iy4
pfd.
Ogllvie Flour Mills, common
'
12-31
(Minn.)—
(quar.)..——__
Scotia Light &
1-25
,V
'
12-31
$1.12%
Electric, 7% preferred (quar.)
6% preferred
(quar.)
Northwestern Telegraph Co. (s-a)_______—
Nova
1-14
—
Northwestern
Norwalk Tire &
Reed-Prentice
$1.37% !
(accum.) .;.—
preferred
12-31
1
When
Payable
$75C
(quar.)
1
i$i
1-14
preferred
t hare
(quar.).!
common
1-20
$1.50
12-31
Canada,
50c
(Canada)7(s-a)..__
$1.50
-
(accum.).—
Northern States .Power
Estate Loan
of
50c
.
1-14
i$l%
preferred (quar.) ______—
Pacific Ry. (year-end)
Northern
Northern
Real
:
1-
20c
Realty Mortgage (Birmingham, Ala.)—
Non-cumulative
preferred
Power, common.——
*
12-31
y
12-14
1-26
87 %c
(quar.)..
$1-75-
_
(quar.).__—__—
Ontario
1-15
$2
Service—
Co.
Co., common (resumed)
8% preferred! (accum.
Stokely Bros. & Co., 50% prior pfd. (quar.)
Stoney Brook RR. (s-a)_.
Strawbridge & Clothier, 5% pfd. (accum.).
1-20
1-
'
Northern
77c
$25c
America,
Employees
11-27
■
30c
$i%.!r
(quar.)
of
Rayonier, Inc., $2
Reading Co., 2nd preferred
Reading Gas (Pa.)
(s-a)
'
v
Power
Radio
12-22
1
W l:.
75c
Co;——
Texas
12-22
1-15
Steel
$1.13
i,:-
Oil Co.,
Quebec
'
—_—
North
.
12-10
1-3
1-1
.
North
12-10
-
.
Pure
Name 0/ Company
12-20
Stetson
Products, $4% preferred (quar.)
6% preferred (quar.)......—
5% preferred (quar.)
Quaker Oats, 6%. preferred (quar,)...
12-3
3
■V. -..1- 3
75c
i
_
1-
"
■
•'>
Per
of Rec.
,1-3
$1%
Purolator
held
shs.
(subject to approval of the SEC)_
,c6%. preferred (quar.)
Payable
$1%
45
Holder*
When
Share
1%
Corp.,
original pfd. (quar.).
Pugct Sound Power & Light, $5 pfd. (quar.)
Puget Sound Pulp & Timber Co.-—
6 7o
preferred (quar.)
1-22
2-10
$1
of Company
/vume
Publication
12-15-
>3
$1.50
rer
American
Co.—\
Common, (stock div.) 1 sh. .of Pacific Gas
*
Holder•
When
.
thare
r.
,
Newport Electric, 6%
:
Payable
Per
Virginia Pulp & Paper
common
1-19
1-
1-
3
3
12-15
1- 3
12-15
2-15
1-17
$1.75
2-15
1-17
(quar.)..
$iya
1-15
12-20
(irregular).—
15c
1-
12-15
3
m
BONDS
"West Virginia Water Service Co.—
■
$6 preferred (quar.)__—
_____
Western Assurance Co. (Toronto)—
12%
preferred (s-a)
—
' /
m.75
$lVa
,$1/4
35c
50c
25c
1* 3
$1.50
lr-3
Weston (George) Ltd. (quar.)_.
—I"
Westvaco Chlorine Products, S4V2 pfd. (quar.) ,•
$1/8
2- 1
White Villa Grocers, ^preferred -iquar.)__$1.50 —--1--1
Whitman (Win.) Co., ,7% pfd. (quar.)-___$1.75
1- 1
(qr.ar,)_2—■;
preferred
6%
7%
conv.
7%
conv.
1-31
1-15
1-15
12-31
Extra
.
.
(quar.)
Oil
pfd..
4V2
Wisconsin Gas & Elec.,
———
—
Corp.—
Worthlngton Pump & Machinery
7% preferred A (quar.)—
1- 3
1- 3
,
21,284
—
30,567
19,043
740,625
+
98,402
.
2,548
—
•v
'
■
'
<
S.
securities,
Govt,
255
10,138
Industrial advances
95,854
+
30,567
4*
100,612
Total bills discounted
Deposits credited to domestic banks declined $55,000,000 in New York City, $33,000,000 in the Chicago District,
3,861
—
direct
$28,000,000 in the San Francisco District, and $177,000,000 at all reporting member banks.
/
A summary of the principal assets and liabilities of
and guaranteed:
:•
1,624,664
Bonds
12-1I^;
12-11
667,159
—
Certificates
+
—1,164,667
10,240
+
••
676,900
Notes
+ 134,300
2,407,150
Bills
./
6,906,175
+
1,374,150
81,042
+
6,083,658
+
5,625,982
reporting member banks, and of debits to demand
,2
U2-15
—
.
v
Govt, securities,
direct and guaranteed
Total
U.
S.
'•
v^,'.. '•
11,614,889
.+
63,498
11,725,639
+
93,810
deposit
accounts, follows:
"'A—
_■
fk'4
:
SlVa ,/ 1- 1
:
,
*
(In millions of dollars)
,
Co., 6%, pfd.• (year-end) —,''
(quar.)———————-
(A. B.)
Wrisley
$1$
Cement—
preferred (quar.)
Yosemite Portland
4%
..
non-cum.
.
7%■
Sheet & Tube—
i;
preferred A (quar.)—————
Ltd., common (quar.) ______
F.
Bank
^
Zeller's
*'
'
Ext'1'3'
V"
J
' m*'
A-
-*
'
'
jlu-LV>4,
«—
Jamaica Income tax,
xLess 30%
•Transfer books
In
12-24
1- 1
1- 1
resident tax,
Total
33
—
58,840
1,254
—
+
.
34,252,067
assets
F. R. notes in act.
circulation.
2 0C.
2** 'X
X**X5.
Foreign
2- 1
1-15
Other
U.
by R. L. Day
Total
accts..
securities
526,059
Other
621
Cash
■'
STOCKS
5
75
65
1 375
J/ 700
500
500
r
-
$ per'share
.
Inc.,. common
par);
($2
132 Pennsyl-
13
21
100
Doreva Gold Mines,.Ltd ($1 par)
Longfellow Mining Co. ($5 par)—
20,000
400
City
Sulphur Co. ($5
Kernwood Country
18
5
751
Boston
Chamber of
Club ($50 par)——
Commerce Realty Trust, 2nd
I.
50
El
7,000
...
Kernwood Country Club ($50 par)»__L_Winchester Repeating Arms, pfd temp. ctf. ($100
$4 lot
$1 lot
Central
10
5
-
par);
$1 lot
'./'V; >/- 5 Winchester Repeating Arms, class A temp. ctf.___
13
Colonial Finance Corp., common; 26 Colonial Finance
$17 lot
$21 lot
L—.
$5 lot
$28 lot
3%
$32 lot
$30 lot
preferred
—
Cole Gold Mines Ltd. ($1 par)—
Textile Properties, Inc., $4 pfd. ($50 par)—
Corp.,
1,500
10
Detachable Bit Co., common (lc par)__
Baushe Machine Tool, common——
2,500
10
Detachable Bit Co., common (lc par)
Detachable Bit Co., common ($1 par)
2,500
2,500
lot
lot
$1 lot
Canada Mines Co., Ltd. ($1 par)___————
Public Service Corp., class A
i,—__i__
90
•
V 62.3 %
trial advances
Corporation and
$4,322,514
revenues-.
Federal
retire,
Property
1943—12 Mos.—1942
$4,048,036 $49,252,660 $46,184,283
22,918,756
25,495,182
1,941,761
reserve
Amort, of ltd.-term inv.
472,430
6,805,561
7,355,539
169,474
2,093,407
2,048,176
285,833
______
412,500
3,556.667
3,025,000
1,365
35,020
+
5,482,631
/
i/;
V-
16,858
7,126
during
Argentina, peso—
Other
income
Gross
Net
inc.
8,306
$1,050,506 $11,294,717 $10,819,954
2,598
45,125
44,489
$1,054,653
585,772
$1,053,104 $11,339,842 $10,864,443
594,760
5,881,351
5,262,410
$1,046,347
revenues
(net)——
income
after int.
—.
chgs.
Dividends
applic. to pfd. stocks for period
—"V.
p.
158,
2365.
'
•
3,837,592
3,846,532
—177
-
131
710
—
28
+
67
6
'■'•>'+
810
—
week
+
125
+'
:
14,036
a
the Federal Reserve Bank is now cer¬
r
,
'
.
.
Dec. 30
.297733*
.297733*
-
-
.051275°
I;V;
.060586*
.051275°
:
3.228000
3.228000
.060586°
.060586°
v'
.251247*
.251247*
.251247*
.251247*
3.228000
3.228000
J——i-
Free_
.051275*
."
v
.060586*
;
y
3.228000
■
.051275*
.060586*
.051275*
—
Canada, dollar—•
•
;
i
.898750
.897500
.898828
.572786°
.572766*
England, pound sterling
(British),
.301215
.205820
.909090
.909090
.896875
■___——i——<
.896458
Uruguay, peso—
Controlled-
.896250
3.244203
3.244203
3.980000
3.980000
.895000-
-
pound—
of South Africa, pound-
-
"
3.980000 /
.658300°
.658300°
.529520°
.909090
.529520°
.
'
•■
'.'■+
,
■
.529520°
3.244203
3.980000
.658300*
.658300*'
•
)
v;
.893333
■
'
3.980000
.658300*'
.529520°
—
Noncontrolled—
/;
3.244203
3.244203
>
'
.205820
.909090
—-
New Zealand,
.301215
.205820
.909090
r
y
:
.301215
-
.205820
'
Newfoundland, dollarOfficial—
.301215
.301215
.205820
rupee——.
Mexico, peso_—
/ .572766*
4.035000
'
•
.
4.035000 !
-
■
.896171
;
■
■
.572766*
-V
4.035000
4.035000
HOLIDAY
4.035000
.909090
.909090
:
■
'
.899375
.572766°
.
Colombia, peso————
Free
.909090
.909090
.909090;/
Official—*
Free———
Union
+
Dec. 29
,297733*
■■■■■
.297733°
.251247°
i———--
:
New York
Dec. 28
•
:
..
—
Free
India
Dec. 27
Dec. 25
.297733°
Official
'
.529520*
♦Nominal rate.
the
of
outstanding 35/a%
Philadelphia, Pa.—V. 158, p.
Gross
profits
Net
oper.
Net
income
1943—Month—1942
.
Co.,
income
—V.
——
158,
p.
for
called
Co.—Bonds Called—
redemption
trustee,
successor
135
of Feb. 1, 1944, a total
bonds, due 1972, at 105V2
Fidelity-Philadelphia Trust
as
of first mortgage 5(4%
gold
-Payment will be made at the
Broad St., Philadelphia, Pa.—V.
..y; ;
v;v-.
.-V".*;•''*• •
So.
2455.
-
6,352,842
2,175,632
229.076
183,928
2,389,257
2,158,716
553,094
5,799,895
157,
3,600,730
3,051,841
363,290
3,600,730
.3,051,841
1941
1942
1940
$2,675,996
$2,493,359
821,181
759,099
696,237
*673,633
94,802
131,779
127,771
$1,114,253
$1,866,935
$1,785,118
$1,669,351
553,428
544,862
573,226
676,000
Cr36,183
89,134
85,619
10,967
279,100
248,751
149,515
260,669
254,420
248,041
$2,875,591
revenues——
expenses
$2,782,918
tl,087,704
Gross
(includ.
;
5,576,621
363,290
1943
12 Mos. Ended Nov. 30—
Opdr.
c
234,516
366,317
.
173,256
—
interest.
been
Philadelphia Suburban Water Co.— Earnings-
1943—11 Mos.—1942
484,366
taxes—
$252,000
and
.
$3,870,317 $50,419,714 $39,797,468
$4,543,422
inc. & exc.
taxes
railway
Other
of
p.
196.
have
There
Railway—Earnings—
—
& Can.
Fed.
Philadelphia Electric Power
College—To Redeem Notes
serial notes due Feb. 1, 1945, and due
1,
maintenance)
Taxes
173,256
■
Net
2258.
Philadelphia Electric Co.—Weekly Output—
electric output for this company and its subsidiaries for the
week ended Dec. 25, 1943 amounted to 126,270,000 kwh., an increase
of J.3,594,000 kwh., or 12.1% over the same...week, in-4943;—Vr-158; pr
earnings—:
Interest
charges
Amort. & other
Federal
Retire,
income
deducts.
tax—
t
(ordeprec,)
exps.
The
2619.
_
8,709
$
;■
Australia, pound————
loss
oper.
905
1,496
"•
>
£
j
Buying Rate for Cable Transfers In
Value in United States Money
Noon
Bal. Transf. to profit &
Net
/
•
demand deposit accounts except
Interbank
and
U.
S.
Gov't
accounts,
.'-1,308
—
'
—
+
+
■
to
Debits
14.8%
544
Domestic banks
Foreign banks
Borrowings
Dec. 24
Period End. Nov. 30—
181,627
taxes
+
1946 (Nos. M-601 to M-800, both inclusive), have been called
for redemption as of Feb. 1, 1944, at 102 Vi and interest.
Payment will
be
made at the Corn
Exchange National Bank & Trust Co., 1510
584,390
taxes
Other
2,224,317
785
Interbank deposits;
—5,681
16
+
—188
7,156
-
'
Pere Marquette
expenses—_
48
Country and Monetary Unit
Feb.
Pennsylvania Power & Light Co.—EarningsOperating
T
''V—128,026
V-pt
—565
,*,/
countries of the
(Continued from page 12)
Operating
+
deposits—
54
600
—113
6,115
U. S. Government
872
% +
17
+
480
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different
world. We give below a record for the week just passed: ,
,
FOREIGN EXCHANGE RATES CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
DEC. 24 TO DEC. 30, 1943, INCLUSIVE
'
'■/ :
V:■ \;
Chestnut Street,
1943—Month—1942
—195
Foreign Exchange Rates
All
Investment News
Period Ended Nov. 30—
'
requirements of Section 522 of the Tariff Act of 1930,
Pursuant to the
(The) Pennsylvania State
General
2,909
173
—
—
11
—
v
610
7,907
+
9,438
—
Official—
pfd.
par) •a.—.——:
_______
v $1
Corporation, common—$35
B.
F. R.
+
Commitments
Brazil, cruzeiro—•
/
:
($100
«-
lot
$17 lot
$1 lot
—
n£te liabilities combined
to make Indus¬
Ratio of total res;
lot
lot
lot
—• $15 lot
i.__i—$4 lot
(50c par); 187 Golden
(10c par); 120 Park
Consolidated Mines Co. (10c par); 2 Leviathan
34,252,067
4,661
.
lot
Shasta Hydraulic Gold Co., Inc.
Chariot-War Eagle Mines Co.
100
accts.
to deposit &
Total liabilities & cap.
555
+
1
2,171
Balances with domestic banks
+5,436,747
Liabilities—
v
:
vania Gas & Electric Corp., common B
:
$51
Kernwood Country Club (S50 par)_
$5
2-10
Diamond Laundries Inc., common___^_———.: $6
Lake Placid Co., common v t c ($1 par)—;
$3
Chicago, Milwaukee, St. Paul & Pacific RR., common;
50 National Public Service Co., A
^
$6
/
.
15
-
Investors,
Air
20
■
•
„ur,
Roxbury Carpet Co., common (Si par)
1%
Boston Dwelling House Co. ($100 par)—_________
$5 lot
Superior Engineering Co.——————$1 lot
Stanley Engineering, Inc
—
—.
$3 lot
Detachable Bit Co., common ($.01 par)—
—$16 lot
Industrial Development Corp., temp. ctf. ($1 par);
5,000 West Tree Mines, Ltd, ($1 par)_—$7 lot
Pioneer Petroleum Co.,
common ($5 par); 20 Real v;
v : ,
Estate Improvement Trust ($100
.t-$ 15 lot'
Lamson Corp. of Del., common temp. ctf. ($5 par)—
2V4
5,700
V..;
'
s
!
+
9
+■:.'.
8,788'
vault_
33
34,185
-129,562
Capital Accountspaid in
■153,938
Surplus (Section 7)_
160,411
Surplus (Section 13b)_—
26,829
Other capital accounts——90,909 '
& Co., Boston, on Wednes¬
in
% +5,392
776
+
—
2,784
securities
Reserve with Federal Reserve Banks
2,087
+
—113
;
1,758
Obligations guaranteed by U. S. Government
222,016
64
150
—
/—
17,636
—
28
—417
4,733
bonds
+
+
+
".v+
8,844
indebtedness——_
Treasury notes
92
—
10
3,198
Treasury bills
+
—33,819,980
-
15
—
1,369
—
of
132
—
111
Treasury certificates
66
294
+
6
—
1,108
banks—
to
314
+
+
-
57
—
/ 541
;
67,764
10,156
accrd. divs..
; Total liabilities
1
—
Other loans
S.
65
9,493
+
carrying
purchasing or
—128,498
—
1,494,121
availability Items—.
for
Real estate loans
+4,636,585
66,079
+
15,440,896
deposits
Other liabs., incl.
non-residents/ tax.
deductible at the source. Nob--a Less British income tax.
day, Dec, 29:
Shares
loans
1,393
to brokers and dealers In securities
Other
12,769,189
+ 92,082
-—'18,824
763,810
—203,578 +V-—
47,525
1,512,545 ;+ 26,156
+ 706,303
395,352
+ 17,576
—
113,895
bank—reserve acct._
S. Treasurer—gen.
Deferred
\
'
Loans
5,482,631
U.
t' 4
-
dividend.
+
+
•
5
6,475
loans
Loans
Member
Auction Sales
Transacted
29,524
-
and agricultural
Industrial,
Commercial,
x
■
Capital
;
1,665
+
+
10,997
Loans—total
12-23-42
—559 +
49,950
investments—total
and
Loans
Deposits:
$37Vic
.
128,026
—
■
' '
16,874,807
Liabilities—
i2"24
12- 4
1-15
15% Canadian
Canadian funds, tax
15%; resident tax, 7%.
30,628
505,753
38,320
——
assets
1- 1
2- 1
'irt ' '
+
,
not closed for this
{Payable in U. S. funds, less
{Payable
"1
+
—250,763
12-15-43
12-22-43
Assets—
1010
$1%
;■%? $20c
(quar.)—————-
preferred
6%.
Other
.
2,198,458
premises
Increase (+) or
Decrease f-—•) Sine®
89
+
6,422
+
82,686
notes of other banks
R.
Uncollected items
t
+5,717,975
136
banks
foreign
from
Due
Youngstown
51/2%
::
•
/. 1-1 .+ ;12-18.^
10c
(J. S.) Co., common (quar.)—/ $1.50
preferred '•(.quar,)—.—$1.75
Young
Total bills and securities
12-2U
15c //1" 4
(initial)———
Corporation
York
12-29
12-29
11-26
1-20
12-10
1-3
1- 3
1- 3
2- 1
1- 3
$134
Wright-Hargreaves Mines, Ltd. (reduced)—
$6Vic
Wrigley (Wm.) Jr. Co., common————
50c
,Yale & Towne Mfg. Co.
—15c
preferred
7%
$188,000,000.
member banks was
,
,
(quar.)
preferred B
6%
"
,
100,612
Other
U.
25c
—25c
——
186,934
by U. S. Gov't obli¬
gations. direct & guarant'd
bills discounted
i-ai
2-10
—Siva.
(quar.)
$1-12%
908,516
—
Bills discounted:
..
,,
20,147,988
reserves
23,302
,19
12-24
,
314,728
—
—
,+
+
■
11,477
+
■
+
+.
218,495
notes
——
1-12
1- 3
(quar.)-1.—
30, '42
/ / Dec.
13,495
19,614,765
due from U. S. Treasury
Total
;+>.
) Since
—
hand and
on
Redemption fund—F. R.
Other cash
12-23
$1.75
7# preferred
preferred (1897) (quar.)
Wiser
1- 1
1- 3
*" \
2- 1
JV+. ' ■
City, $108,000,000 in the Chicago District, and $417,at all reporting member banks. Holdings of
Treasury certificates of indebtedness declined $77,000,000 in New York City, $22,000,000 in the Philadelphia
District, and $113,000,000 at all reporting member banks.
Holdings of Treasury notes declined $33,000,000.
Demand deposits-adjusted declined in all districts, the
principal decreases being $168,000,000 in New York City,
$129,000,000 in the Chicago District, and $46,000,000 in
the Philadelphia District; the total decrease at all report¬
ing member banks'was $565,000,000.
United States Gov¬
ernment deposits also declined in all districts, the prin¬
cipal decreases being $77,000,000 in New York City, $26,000,000 in the Chicago District, and $25,000,000 in the
San Francisco District; the total decrease at all reporting
,
Dec. 22, '43
Dec. 29, '43
■
certificates
Secured
Wisconsin Electric Power—
6%
1- 3
a-io
Wisconsin Co.,
•
(
Assets—
12-21
1&-41
preferred (quar.)
—-8 /4?
preferred (quar.)_——
preferred (quar.)
—
18/4C
conv.
7%
of dollars)
(In thousands
Gold
12-14
/;
000,000
Increase ( + ) or Decrease
1-3
1-1
in securities declined $57,000,000.
York
Reserve Banks Combined
>
Crampton Corp.—
Winters &
all
Statement of Condition of the 12 Federal
1-3
1*
< l-2o
(quar.75c
$5 prior preferred (quar;T_'—-———1—$1.20 v
Will & Baumer Candle,. 8% .pfd. (quar.)__
$2
Wilsil, Ltd. (quar.)—-——
—~
*2aC
Wilson & Co., $6 preferred (accum.)
$1/2
deposits-adjusted.
industrial, and agricultural loans in¬
$35,000,000 in New York City and $65,000,000 at
reporting member banks.
Loans to brokers and deal¬
Commercial,
Holdings of Treasury bills declined $121,000,000 in New
12-ie-12-11
1-15
1-25
preferred
6%
,n
,
$553,000,000
creased
ers
_l-i«
•
of
Decreases
22:
Dec.
in demand
$12 lot
—
end¬
in holdings of
United States Government obligations and $565,000,000
ed
1- i«
12-11,^
1_xa
$J
*■
common—!
Telephone Utilities,
Associated
37
1f)
(quar,)—
$1.75
Wickwire Spencer Steel' (year-end)
%J .$1
Stock div, of 1 sh. for each 12V2 shs. held
8/b ,
Wico Electric,6% preferred A (quar.)___— ■/' 30c
Wieboldt Stores,
15
-40
System in 101 leading cities
shows the following principal changes for the week
3-22
.
Co., 7%preferred
Water
Wichita
2
12-2U
j 2
Yards—
(year-end)
2
2
12-31
12-31
,
Wichita Union Stock
19
12-15
pfd. (quar.)--
Westmoreland Water Co,, 6%
34
12-Ji
4-1
(quar.)_—$.;■ $1'/V
5%. preferred
Westmoreland, Inc.
12-Jl
J2-22 12-15
1- 3
1-3
1-15
/ 1-15
,-.y 1- 3
1* 3
1-15
1- 3
*
$3Va
$75c
reporting member
The condition statement of weekly
banks of the Federal Reserve
$ per share
Husbands" Magnesia Company capital———
$37 lot
Associated Gas & Electric, class "A"_—
—— : ■ $2 lot
Associated Gas & Electric, common—
—
>
$1 lot
Drueding Brothers Co., "B" common—
21
Drueding Brothers Co., ''B" common————i—
21
W. V. Faunce Corporation, common—
—
$2 lot
County Trust Company, Philadelphia ($10 par)————
$2 lot
STOCKS
Shares
>
$$1,20
—
(Iowa), 7% pfd. (s-a)_
Western Grocers Ltd., common (quar.)
,_
I'-'v
preferred (quar.)__
—
:
Western N. Y. & Pa. Ry„ common (s-a)_—
5% preferred (s-a)
_____
—
Western Pipe & Steel (Calif.), 7% pfd. (s-a)
Western Tablet & Stationery, com. (yr.-end)
Co.
Western Grocer
Condition Statement of Member Banks
_____
$34 lot
Philadelphia, on
Wednesday, Dec. 29:
12-15
.1- 3
$1.50
.
Credit Service, Inc., 6s, 1948_,
.
Transacted by Barnes & Lofland,
$3,000
Payable of Reo.
share
Name of Company
Holders
When
Per
Monday, January 3, 1944
CHRONICLE
tHE COMMERCIAL & FINANCIAL
46
-
—
+-
-—
-Bfth"■•■avail,
♦Includes
'for' divs.—
Federal
'
taxes.
$597,008
$693,271
-
$63,101'
$584,823
{Includes depreciation.—V. 158, p. 2194.
"
'THE COMMERCIAL & FINANCIAL CHRONICLE
'Number 4243
Volume .159
Philadelphia Rapid Transit,Co,—Tenders—
294.
158, p.
v-A:;:.-'
Anderson,. Secretary-Treasurer,, has
President.—V. 158,, p. 2258. •
/ '• ■■
.
;,,,
Pittston Co.
■.'holders—;;
^
The 'class
Battery
.
•—V.
158, p. 2474.;
.
..
.
Hosiery-Co.—1To Redeem Preferred Stock—--
Phoenix
directors
at
The
,
,
it
and
Co.,
New
has
158, p.: 1941,
stock
■
v..
.
.■■
Total
-
A
plan
fix.
mav
of
exchange
or
before
on
,*
^
and
sources
Oper., etc.,
expenses:
*
earnings
Net
$1,567,347
143,100
371,108
150,215
$1,118,247
$1,951,756
$1,770,183
debt——,
143,698
143,548
State and Federal taxes
860,929
655,051
148,443
Interest
on
•Depreciation,
Loss
of
or
Prem. on
Closed
,
"Dividends
;
of
39,683
983
19,772
$795,086
$842,486
484,008
Oct.
31
1943
U.
deposit
obligations
S.
.;
■Other
,
investments————-—
on
,
,
assets
■:
*
-
Liabilities—
'
—
—
y"'-
2,385,000
133,700
—,
$1,133,161
0r329
Reserve for FederaL and State
$111,464
charges—
$66,842
72,973
.
and
1943.
Dividends
unpaid
these
on
Ry.
Provision
430,167
2,494,653
in
Power
effect
at
to
Nov.
30,
producing
ations
at
until
Jan.
the special
stocks
a
are
$116,923
—4-
revenue-
Net
oper.
Other income—.
ry.
Total
income
Total fixed
876,603
fr.
inc.—
charges—
23,975,086
21,658,018
Jam
■oh
.
$8,186,847
8,365,501
the
on
$9,707,952
8,762,590
profits
excess
-V.
158,
The
125,609
taxes
$6,224,126
1,826,128
33,419
40,931
2,167,845
90,028
"
Gross
6,15*3,194
6,870,761
Net
from
1940
the
42,884
16,715
34,751
9,116
1,354,361
403,997
227,030
railway
railway—-—
1,136,566
362,078
297,412
-
of
from
from
ry,
961,346
315,845
249,049
-Earnings—
1942
1941
$110,278
13,901
610
$115,523
25,128
12,435
$123,391
1,347,962
282,955
131,165
1,353,629
250,855
93,027
railway—
.
ry.
railwayrailway--—•_
from
Net
oper.
.
'
the
.
29,
income—
46,219
17,939
33,776
1.409,439
1,119.593
•
454,493
•
271,792
r
U.
an
.
...
,
■'
/,
:
also being
credit:
J—
/—
no
4,070
.
224,328
4,022,261
23,202
—
-
In
shares
par
1942
and 409,530
157, p. 478.
:..X
11,449,140
409,530
3,521,404
$19,950,940 $25,387,168
no
shares
par
in 1943*
''
r
Quaker City Cold Storage Co.—Interest—
•
,
order dated Dec.. 20, 1943, the U. S. District Court for the'
Eastern
District
of Pennsylvania has
authorized the payment of
coupons Nos. 13 and 14, dated Nov. 1, 1941, and May 1, 1942, respec¬
tively, each at the rate of 2%% of the principal of the first mortgage
5% bonds due Nov, 1, 1953, or a total of 5%
•
Coupons are payable at the offices of Brown Brothers Rarriman &
an
.
1943
pay¬
Co., Philadelphia and New York.—V. 157, p. 46.
.
Quissett Mill, New Bedford* Mass.—Control Acquired
The
the Quissett Mill by Jacob Ziskind of Fall River,
accomplished fact. All but 127 of the total of 10,397
purchase of
Mass., is now
at $105; per
95%
an
Fourth
the
Circuit
Court
of
ownership have been acquired
Ziskind's offer .stipulated that not less than
a
Armistead
District
at
Court
proceedings.—V.
158,
Baltimore
the
p.
went
to
tenth
capacity
Pittsburgh Stesl Co. Such a corporation,
the steel producers of this country
among
of
more
than
1,750,000 net
remanded
the
these
tons
of
steel
Frederick
officers
two
and
Carr,
James
Jr.,
Clerk.
is
.
New
Eerkowitz.
No
;
reversed
case
include
directors
and .Abraham
Mountz
Radio Corp. of America—New Director of
Advertising
and Publicity—
for
V:-;..
1
Orrin E. Dunlap,
2259.
Jr., Manager of the RCA Department: of Informa¬
been appointed Director of Advertising and Publicity for
Sarnoff, President.
Bunlap succeeds Horton H. Heath, who has accepted a position
with the National Broadcasting Co. as Assistant to the Vice-President
and General Manager.—V. 158, p. 2366,
;
;
tion,
has
RCA, it was announced on Dec. 23 by David
Mr,
21 filed a registration statement with the
25-year first mortgage bonds,
v
T
;
principal underwriter now, Keystone Pipe &
Supply Co. of Butler, Pa., parent of the registrant,, is named under¬
writer within the meaning of Securities Act of 1933.
The securities are to be offered by the company in exchange for its
outstanding preferred stock and by the underwriter (Keystone)
in
exchange for its outstanding preferred stock.—V. 147, p. 1938.
will
resigned, in accordance, with the ■ agreement with Mr,
then elected President, and Treasurer of the. two
was
change; in the operation of the : Quissett Mil. are contemplated at
present, Mr. Ziskind states.
("American Wool, and Cotton Reporter.")
—See also V. 158, p. 2365.
-
$800,000 'of - 5%
there
who
corporations.
corporation on Dec.
for
board
Ziskind,
at Richmond, Va. has
soap-making patent held
and
First National Bank
Boston, Mass.]
'■
' ,* /h ■<
a
meeting on Dec. 17 of the board of directors of the Quissett
Mill and its subsidiary, the West End Thread* Co.,: all of the members
Infringement—
another manufacturer of soap.
M. Dobit prepared the opinion which
[Mr.
At
Appeals
Company had infringed on
share.
of these shares should be deposited with the
in
of
be no
Radio-Keith-Orpheum Corp.—To Pay All Arrears on
,6% Preferred Stock—
The
directors
on
Dec.
;
: ■;..
29 declared
dividend amounting to $17 per
a
cumulative preferred stock, par $100, payable Feb. 1
to holders of record Jan. 20.
■;:
!
The current dividend consists of $15.50 per share to take care of
share
the 6%
on
.
^ound
Puget
Power & Light Co. (& Subs.)—Earnings
Period Ended Oct. 31—
.
Operating
1943—Month—1942
$2,073,016
revenues
1943—12 Mos.—1942
.
$1,892,112 $24,183,407 $21,266,304
846,896
9,044,373
8,215,776
144,071
i 1,892,159
127,720
1,424,934
1,078,596
245,448
182,726
2,608,140
$500,937
.$8,"135,203
-share for-the-current-quarter.
,
1,362,830
Other
revenues—
income,
Dr2,270
5,954
18,562
—$639,992
$506,892
$8,153,766
net——
$3,383,858
69,707
Interest and amoritiz,^^.
.
206,393
278,601
3,000,113
$433,599
$228,290
$5,153,653
air
tinued
its
Prior
—V.
•
preference
158,
p.
.
dividends
2620.
paid^
—
•
584,375
:
I,
'
-
'
;
airlines
$3,103,564
550,000
its 16th year of operation in the United States in,
handled by the -nation's commercial airlines con¬
records for number of shipments, weight and gross
out
new
reports
annual
$3,453,566
3.350,001
the
survey.
and the
air express division of Railway Express Agency
The bulk of air express cargo handled by the
agency during the past 12 mohths comprised
basis.
shipments
commercial
Balance—
;
distribution of $3 per share was made on tha
'.'■■ ' ■■ '
express
set
to
revenue,
in
Balance
a
Railway Express Agency, Inc.—New Records in 1943—
Rounding
1943,
oper.
last,
1,
On; Nov.
1943, and $1.50 per
preferred stock.—V. 158, p. 2259.
1,132,296
2,621,537
$642,263
Other, taxes
all accumulated dividends accrued prior to Nov. 1,
.
1,550,003
89,759
159,724
income taxes—.
■
The plans to combine Sharon and Pittsburgh Steel and perhaps one
or" two other concers were made. by
the Hillman banking. interests
annual
are
date
fixed
for
redemption,
holders
their debentures for common stock on the
share 6f stock for each $30 of debentures.—V. 158, p. 2620.
Net
an
1,576
4,07.0
227,771
2,564,617 '
reserve
"81.906
^V.
the
Manufacturing Co. of which Mr., Roemer is Chairman of the board.
He held these positions before he took charge of Pittsburgh Steel Co.
ranked
''
indebtedness
Total
18
Toronto, Canada.
or
before
112,027
58,627
Roemer
1,576
—:.
amt. of securities of subs. cos..
(adjusted),,
11,449,140
"Capital Stock ■—r.„409,530
Earned surplus
' 3,884,863
154, p. 1702.
Depreciation
with
Jan.
claims
General
Dec. 24 paid a special dividend of $2.20 per
stock, no par value, to holders of .record Dec. 14.
Federal
have
$19,950,940 $25,387,168
■■"'.■
of prin.
Deferred
Inc.—$2.20 Special Common Dividend
on
post-war plans demanded that he deyote his entire time to Sharon
Steel Corp. as Chairman; President and Chief Executive Officer, and
to Sharon's related companies, the Niles Rolling Mill Co, and Mullins
„
—
...
—
—
Funded
per
Public Service Corp. of Texas—Registers Bonds-
While
353,341
of
■
1
8,110
14,570,256
26,305
1
■'
854,925
Mr.
$3
to holders of record
disbursed on Jan. 14; 1943, und
amount was
Operation —;
Maintenance
.when
of
extra dividend of 20 cents per share
payable
$5,
by its other officers under Joseph H. Carter, President.
In addtion
to stating that, the merger had been abandoned,' Mr.
Roemer's letter said that" continuing war production and consideration
"would
dividend
outstanding
S,
U.! S.
The
207,784
Harry A, Roemer as Chairman of the boafd and director of Pittsburgh
Steel Co.
It was stated that Mr. Roemer's policies would be continued
■
'
on;;properties-..-.-^,.,,.,
Excess
$115,173
32,074
158, p. 2258, 1381. ' y
1936.'
48,652
17,000
.
(not consol.),—
—
Deferred
Liens
*
•
time
that
further
1940
All plans for a merger with this company of the Sharon Steel' dorp,
have been abandoned, it was disclosed in a letter of resignation of
in
136,170
48,652
Supplies Corp. (secured)—
$4,341,900
Accounts payable and accrued expenses—
—
$515,197
•
287,329
Prov. for. shipping expa. of sugar and molasses
247,710
394,412
Unpresented Baragua Sugar Estates 15-yr. participating income debenture coupons——
17,239
21,320
Baragua Sugar Estates 15-yr. par. inc. debs..,
184,900, '
Prov. for Cuban profits and int. taxes and U. S.
C
income and excess profits taxes_———356,045
589,378
Accrued int. on funded indebt. of subs. eos._._
65,082
120,521
above may convert
The
ruled
Pittsburgh Steel Co.—Merger Abandoned-—
'
270,364
1,340,662
fixed
Total
second mortgage 4% convertible debentures
1957, have been called for redemption as of March 1,
par and interest.
Payment will be made at The Royal Bank
any
the
SEC
from
Net
—V.
additional
an
Procter and Gamble Co.—Patent
From January 1—
Gross
■
Loans from Defense
1,
basis of one
375,585
220,265
of
1,163,564
1943
income
receivable
memberships
8,110
assets—14,461,367
Deferred charges
20,619
by Lever Brothers Co.,
railway
oper.
■
like
common
the
March
At
17,344
408
November—
Net
of
during 1942.—V.
Justice
Net
funds
par
of Canada in Montreal
$78,442
Pittsburg Shawmut &. Northern RR.
Gross
1942
5,749,990
Net
Price Brothers & Co., Ltd.—Redemption Notice—
.
$92,711
20,065
$102,873
7,959
Net ry. oper. income—
V. 158, p. 2258.
'
Sheet
491,069
per
1944 at
1941
1942
1943
railway—railway--—
oper. income
January 1—
from
"$4.85
$2,745,588
corporation on Dec. 24 also paid a participating dividend of
share on the $3 participating preferred stock, no par value, to
holders of record Dec. 14.
No participating dividend was paid on this
$3,966,253
$4,071,064
680,739
:
$112,326
from
ry.
Balance
1943
on
Exchange
.
adjourned meeting held on Dec.
-
.
660,697
and
Liabilities—
Approved—
t$0.88
tOn 409,530 shares.
hand_„-__..__..__„l___: $1,969,191
The
Pittsburg & Shawmut RR.—Earnings.-
From
17, 1942.
on
All
'November-
Net
183,409
$397,644
shares outstanding before the transfer ofi.
Gross : from
Net
542,988
$1,973,139
"$24,09
Baragua Sugar Estates 10-yr. inc. notes (ser. B)
Compania Azucarera Canasi 1st mtge. bonds—
Share—
Quarterly distributions of 70 cents each were also made during
on
March 1, June 1, Sept. 1 and Dec. 1.
No extra or special
ment was made ih 1942."
' ■■■' •■■■■;.::':•■■;-■■"
due
.•
280,174
Sugar on hand
,'
644,773
Blackstrap molasses on hand unsold™—337,367
to planters.,—,231,574
Supplies in commercial stores,,
^
144,660
Working assets __L
1,406,928
,
declared
stock,
corporation
share
2258.
p.
291,060
Advances
and
inc.
275,223
8361,509
81,906 shares of capital stock,
Accounts
This will be followed by negotiations, for
a Mexican group in
accordance with the
expropriation
p. 2620.
An extra
4.
issue
Fed.
"Incl.
237,093
419,414
excess
Consolidated
By
149,809
$5,938,123
$421,502
195,474
Assets—
•
Regular quarterly payments of 20 cents per share
paid, the "last one on Dec. 17, 1943,—V. 156, p. 2309.
$6,074,317
$5,547,077
391,046
210,310
$433,307
U. S.-income &
and
Cash in banks
3,
158,
capital
Jan.
$1
Net.,income—
5,192
$1,147,336
341,275
.
depreciation,.,
profits and interest
Net income for year———^
Preferred Accident Insurance Co.—Extra Dividend—
$665,231
$498,480
60,147
5,026
—
and
Prentice-Hall,
$647,138
18,093
$305,418
,■■
$3,172,634
were
0527,785 05,725,731 05,128,955
193,062
income
deducts,
Misc,
$995,956
.
332,246
Cr520f741.
for
profits taxes
paid on
cumulative.—V.
158,
stock,
the company in the form of stock of the Mexi¬
company.
The directors have
1943—11 Mos.—1942
i-:;-.-..-.,
"Ry. tax accruals——
Eqp. and Jt. facil. rents
2,800,065
on
—
(net)
taxes
1943, amounted to
share on 7% pre¬
the parent
Co.,
least
stockholders
share.—V.
•
1,939,489
■.
$4,073,384
Prov, for Cuban
Interest
,
21L170
211,170 ;
$2,935,445 $32,161,933 $31,365,970
$2,611,576
expenses—
oper.
:s:
Net
:
revenues—
oper.
*Ry.
1943—Month—1942
$1,142,143
$1,178,432
674,286
of the property
to
contemplated dissolution program.
! •
v
'
'
v
The Mexican group is expected, to offer $8.85 a share to stockholders
of Potrero Sugar Co.
for their holdings of the Potrero producing
subsidiary, the deal to be consummated if .the offer is accepted by
stockholders owning at least 75% of the subsidiary stock.
In addition
Potrero stockholders should receive from profits on last year's oper¬
Pittsburgh A Lake Erie RR.—Earnings—
*
131,175
$3,172,634
;
Earnings per common share
sale
"Represented by 121,002 in 1941 and 120,302 shares in 1942 and 1943
par value).
(Represented by 119,245 no par shares. fLess U. S.
tax notes owned, $410,000 in 1942 and $425,000 in 1943.—V. 158, p. 896.
Period End. Nov. 30—
35,682
;
discount
$8,693,998
5,485,681
44,218
$1,178,432
(net),
:
$1,133,930
reported. See V. 158, p. 2474.
can
(no
;
$6,827,996
5,605,347
unrealized
430,167
Latest dividends, amounting to $0.87
and $0.75 a share on 6%
preferred
Electric
The
$11,971,929 $11,375,425
Total
v
for
928,768
;
;
.
i.
1941
$3,638,117
435,267
1,815,309
,
,
2,220,317
Surplus,by elimin. of inter-co. stock ownership
1942
$6,878,689
428,628
operations-,,.,
on
$1,405,379
27,759
stocks—
preferred
to
to the stockholders by
401,869
taxes—,—.——
-Earned surplus
1943
$6,399,369
sugar
expenses
Cuban currency
approved the proposal to dissolve the company by a 78% majority
vote of the outstanding common stock.
The next step in connection
with the dissolution will be the declaration of a liquidating dividend
.
47,700
378,549
1259,514
1,971,116
47,700
536,399
on
$5,867,702
769
The payment of $18.75 per share on Dec. 29 was recently authorized
for the outstanding capital stock not held by the Maine Central RR.,
26,617
bonds—,—;
Customer, container deposits—w—-—
•
$1,405,708
100
v
Portland & Ogdensburg Ry.—$18.75 Paid per
;
$3,007,550
2,981,125
2,385,000
154,182
withheld—
interest
Accrued
$66,742
Potrero Sugar Co., Inc.—Dissolution
$3,007,550
2,981,125
-
mortgage ;,bonds__—l—'Accounts payable
—L,—
13,614,173
$5,204,594
t$305,717
reveiiue—
Stock oT subsidiary company
'
First
2,640,087 "21,745,760
$676,759
charges less credits
Profit
$11,971,929 $11,375,425
...
.t Common stock
.Federal: tax
112
corporation.
The order will re¬
when Judge Walker will hold a
hearing on a motion by Commissioner Flagg to strike most of the
complaint filed by the trustees. The trustees claimed the rate reduction
is
not justified by
present earnings.
A previous restraining order
was dissolved four weeks ago.—V. 158, p. 1942.
180,376
896,141
3,244
263,604
750,689
^
stock
"Preferred
140
again
it is
Total
Miscell.
Or 30
net_,___
applicable
stock
main
100,000
267,678
204,296
896,758
3,887
307.862
895,765
——-
'
interest
100,000
412,628
———-
Notes and accounts receivable.—
Investments
Total
Operating
302,779
H. Flagg, Commissioner of the Oregon P. U. Commission,
been temporarily restrained from forcing this company to
its rates 10%, or $800,000 a year.
The restraining order was issued by Circuit Judge Arlie Walker at
Salem, Ore., at txie request of the independent trustees of the Port¬
1,060,571
Inventories
Accrued
199,258
307,130
334,722
reduce
$7,853,122
1,463,990
:19,481,881
"2,352,536
George
has
land
(less depreciation)$7,686,744
Cash
26,950,354
2,637,002
"On
1942
.
$889,039
2,334,369
income
Portland General Electric Co.—Rate Decision—
inter-compaiiy dividends.
Sheet,
$1,058,830
Year Ended Sept. 30—
Revenue frcm sugar & syrup
Revenue from other sources
105,913
36,806
$111,494
revenues-
int.
1,
p. 2474.
363,006
Balance
$115,381
"Includes for Oct., 1943; pay-roll taxes, $361,422; income and excess
profits taxes, $1,731,099; 10 months ended Oct. 31, 1943; pay-roll
taxes, $3,002,291; income and excess profits taxes, $16,520,615. tDeficit.
—V. 158, p. 2259.
351,874
-'
income
after
ferred
$591,357
481,908
Consolidated
accrued
J Operating
limited-
income,
$3,677,481.
20,017
Assets—
"Time
Taxes
of
$4,579,442
3,161,336
14,306
29,712
27,084
res.
"Dividends accumulated
11,725
323
481,208
Plant and franchises
$5,359,693
'
256,467
16,352
11,441
oper.
Gross
201,798
149,928
$679,375
——
paid
"Exclusive
board
the board
1943—12 Mos.—1942
$404,033
296,345
expenses
"Dividends
143,100
13,288
bds. pur.
own
as
..Total
7,607,384
5,101
4,460
18,493
118,342
1,395
2,239,379
$112,957
,
Punta Alegre Sugar Corp. (& Subs.)—Earnings—
1943—Month—1942
$462,716
:
__
taxes
Nov.
plants expense
Net income
•
134,729
etc.
disposed
destroyed--:
3,128,418
2,556,382
.
''
assets
on
the
$8,725,631
!
Net
by
date
Co.—Earnings-
investments—,
Other
,•■■
3.615,212
.247,823,
3,029,296
revenue
Adjust,
1940
Net
'
effective
Or such later
■
taxes
term
$13,727,168 $11,957,919 $10,770,368
11,775,412
10,187,736
9,203,021
•
363,204
272,789
Total net revenue._._..
Co.)
r
———,
Net
'
1941
$2,218,987 $25,891,524 $18,592,843
.
385,747
.
Total expenses
of
revenues
Amortization of
1942.
1943
declared
1944,
I
••
Plan
Operating
Operating
Other
all
earnings,
fete
16,
Portland Gas & Coke
Federal
Tech Pood Products
Years Ended Oct. 31—
Sales
will
Feb.
Period Ended Nov. 30—
Pittsburgh Brewing Co.—Earnings—
(Including
7,803,956
Auxiliary operations;
.
certificates there for redemption.-—
'
$8,838,917 $97,114,163 $77,881,033
6,619,929
71,222,639. 59,288,171
revenue—$2,916,338
Total revenues
of New York has been appointed depositary
Exchange dated Dec. 27, 1943, to accept deposits
of class
A preference
stock and issue transferable deposit receipts
therefor.—V. 158, p. 2619.
' -\.
the
:;yi'.:;',':.-
1943—10 Mos,—1942
,
'
expenses
Net
•
The Guaranty Trust Co.
under
Property retirement
>
1943—Month—1942
$10,720,294
Total, revenues
,
_
has been
York,
expenses of cur and auxiliary operations)
Sleeping car oper,;
proposed
The
stock
North
Wis., as its sub-agent for the convenience of
residing in and near Milwaukee who may desire
St., Milwaukee,
preferred stockholders
to present their preferred
v.
Trust
&
Company—Earnings—
—|Revenues and
Period Ended Oct.,31—
,
'■' ■■■■"'
directors
the trustee for the redemption of the preferred
appointed Marine National Exchange Bank, 625
as
Water
:
Bank
Commercial, National
The
designated
Vice*,
exchange is to be made by issuing income debentures
under an indenture to be dated as of Jan. 1, 1944, in principal amount
equal to the $100 par valuevper share of the shares of class A prefer--,
-enee stock, deposited for the purpose, Mr. Routh said._ __:
special
a
a
■
Exchange: Offer to Preference Stock-,
.holders.
meeting held Dec. 27, 1943, voted' to
redeem for cash on March 1, 1944, the entire issued and outstanding
preferred stock of this company, consisting of 24,726 shares, par $100
each.
The redemption price is $147.37, which includes a premium of
$15 per share, plus accumulated and unpaid dividends.
,
Part of the funds required for the redemption of the stock will be
provided through term loans from commercial banks.
The
elected
■'
,
preference : stockholders are being ■ offered an oppor¬
tunity to exchange their class A preference "stock for- new 5l/2% cumu¬
lative income debentures to be issued by the company if the plan of
exchange is made effective by the directors, according to J. P. Routh,
Chairman of the board and President of the company, in a letter to
booked by the Philco Storage
Division in 1943 increased 75% over the previous year and
were the
greatest in its history.
Philco's battery shipments, in 1944
are expected to set further new high records, the announcement added.
been
,
.
Business at Record—
Philco Corp.—Storage Battery
The corporation announces that orders
,
Pullman
"
'
John' U.
Pennsylvania
purpose,—V.
Vice-President-
New.
/
Company for. Insurances on Lives iand Granting:
Annuities, trustee, 15th .and Chestnut Stsv, Philadelphia, Ta.> until
3 p. m. on Dec. 28, 1943 received, bids for the. sale to it of 5%
col¬
lateral gold bonds of 1957 at prices not exceeding 105: and interest.
The trustee had $115,002.79 available in the sinking .fund for,, this
The
47
of
or
express
essential
war
non-priority
materials
traffic
was
moving under priority,. while
carried on a • space-available
Preliminary.figures indicate approximately 14,000 tons of air express
cargo
were
flown over the 18 domestic airlines during the. year, com*
Monday, January 3, 1944
48
with 10,850 in 1942.
An average of 45 tons daily were flown
45,000-mile domestic airline network. Of the 5,000 air ship¬
ments flown per day, the average shipment weighed almost 20 pounds
and was. flown
1,000 miles.
Approximately 1,500,000 shipments were
carried in air service during the past 12 months, it is estimated. ■.
the
over
The
and
•
marked by the inauguration of several exclusive mail
flights,
Three such flights now are operating coast to
was
year
express
New York and Miami. One of these trips
completely converted to cargo equipment,
•and has a capacity of 6,000 pounds of mail and express.
The balance
of
the air express was carried in the combination passenger, mail
and express planes.
\
V::"v '
Even though complying with wartime restrictions, international air
express service, connecting with the domestic ' air routes wt Miami,
Brownsville, Los Angeles, Port Worth, El Paso, New York and New
Orleans, averaged 14,000 shipments a month during the year. New
Orleans was added to the international airport list in July, and the
second anniversary of transatlantic air express was observed in Ded.
The use of a combination of air-and rail express by war production ;
factories and plants located at off-airline cities continued to be an
important part of air express volume in 1943.
Shipments moved in
Combined
rail-air
service
between
the 350 airport cities and the
coast,
with
operates
between
fourth
the
planes
DC-3
.
^
Were
A
and
will
dm^tors
on Dec. 14 announced the
in the form of one share for
28
Dec.
stockholders
The
at
voted
24
Dec.
on
Net
of
Co.—Earnings—
Gross
Profit
from
accumulations
to frde
paid.—V. 157, p. 1949.
of 50 cents was
income
Miscellaneous
Prov.
■
—J
Jan.
3
v.:
1942
"1943
the
on
$1.20
dividend of $1 per share on account
a
cum.
preference
conv.
company
Dec.
20
paid
stock, par
on
stock,
104,446,762
from railway
36,635,223
ry. oper. income.—
15,889,508
Net
93,609,290
35,325,299
19,656,598
income
oper.
:
1,832,813
on
preferred
common
from
Net
Net
railway-
_
1,012,873
New Director—
;
J.
has
been
The
Widener.—V.
158,
late
the
Joseph
•
.459;
be
60
to
declared
also
ance
for
of
directors have
the
stock,
common
Payments of like
and on April
15
E.
since
...
April
declared
post-war
account
accumulations
of
holders
to
in
issue
to
record
of
of
each
$19.25
share
per
15
cents
share
per
^
166,062
on
152,
distribution was
similar
A
made
still
Arrearages
years.
on
this
dividend
extra
275.
p.
a
The
on
1942,
"
>
7%
1942, and
cents
on
July
on
10,
There
of
ruled
its
plan
the
it
&
Delaware
See
Hudson
Co.
above.—V.
158, p.
which
Federal
a
director
Coburn,
G.
*
13.
The
company
redemption
for
of Feb.
as
'
V
.
about
President
1,
1944
A
been
in
Vice-President
named
charge
of
firm, and C. P. Humphries, district manager
will
Vice-President
be
in
to be located
continue
charge
of
at Richmond,
for the St. Louis
of the. insulation division,
Their headquarters will
insulation
the
of
—V.
stock,*
common
distributions
1, 37Ms
cents
50
of
'
„
Net
from
Net
ry.
403,330
and Oct.
117,113
railway—-,
33,832,124
25,129,245
12,488,081
railway——
19,735,759
14,487,650
4,909,061
income—
3,540,273
2,816,531
2,234,509
income—
from
Net
ry.
oper.
8,638,731
2,257,107
881,051
158, p. 2259.
■;
■
Gross
profit
Admin,
and
1943
sell'g
1941
1940
stock,
income
value,
par
no
$1,312,899
$1,187,515
$613,680
Jan.
3.
571,786
511,703
476,644
322,976
—V.
$801,196
$710,871
$290,704
9,503
6,927
4,167
Normal
$808,123
$715,038
and
inc.
refund
of
527,500
333,000
59,000
for
prior
Cr68,000
for
Prov.
from
Net
ry.
Gross
Cr7,50O
*
A
profit
CrL034
Crl~312
Net
from
2,479
2,680
1,910
Net
ry.
—V.
100,000
Preferred
$238,383
dividends
$284,283
$280,393
heavier
increase
will
need
9,831
12,243
13,965
14,701
131,025
dividends
262,050
262,052
131,025
Note—Depreciation
amounted
to
$65,005
In
1943,
$62,762
in
1942,
$57,509 in 1941 and $54,488 in 1940.
Balance
2,444,630
3,884,376
•
2»955,484
125,476,185.198,642,466
56,116,945
Sheet, Oct. 31, 1913
posits, $4,569; post-war refund of excess profits taxes (est.), $75,000;
property, plant and equipment (less reserves for depreciation of $550525), $465,083; unexpired insurance, $11,263; taxes applicable to future
periods, $58,991; total, $2,697,978.
30,935,319
27,316,352
tation
As
payable, $168,290; accrued local taxes, $3,100;
tax, $24,441; accrued Federal capital stock tax
(est.), $12,500; dividend payable on preferred stock, $2,228; Federal and
tingencies,
f
it
income
(est.), $981,747;
Cumulative
reserve
preferred
for possible
issuance
of
500,000
shares
of
common
by the New York P. S. Commission,
stock
$577,306
77,016
181,357
75,963
153,936
154,531
117,492
238,210
235,104
$2,573
$547,276
152,056
$3,803.
$5,585
;
i——
depreciation
—•
./-•:•■:/%;/
1942 •/
126,039
347,771
194,400
.
;
profits tax—.
—
$985,094
143,837
earnings from operations
income
future
con¬
(net)
——
•
$953,370
94,493
—-
$1,047,864
476,682
income
oh pfd.
335,678
335,678
$305,210
stock
Balance
-
Earnings per share
158,
p.
was
approved
which said the issue will
;
$235,504
(118,938 shs. of com. stk.)_
•
$2.56
$1.98
'
2086.
Sharon Steel Corp.—Merger
See
high
in
1943
size
of
% ■'
Southern Pacific's
war
was
load,
greater
v
%
19^3—11 Mos.—1942'
1943—Month—1942
.
Plan Dropped—
Pittsburgh Steel Co. above.—V. 158, p. 1772.
V-'*. ••': \
$
ry,,.
Fed.
25,291,184 321,873,685 246,756,992
i
.
19r,854,357:
retirement
564,950
taxes_
taxes.-
20,551,949 224,324,108 175,793,904
486,563
5,901,006
4,806,747
6,388,698
919,609
1,065,734
10,407,319
taxes
12,909,427
10,781,488
47,750,213
69,836
r
oper.
6,358
1,834,322
150,901
20,794,100
148,163
141,958
1,395,687
1,126,257
5,164,613
11,191,216
76,483,287
89,341,972
___
(net)
rents
,;,Net ry.
11,869
1,883,328
taxes
rents
(net)__
income^
^Before provision
4,804,898
484,730
5,487,195 100,301,003
608,380
State, county & city tax
facil.
'
45,843,134 546,197,793 422,550,896
for interest charges on outstanding
non-operating income-items.-
17,112,493
debt or other
:
'
Earnings of Company Only
1942
1943
November—
Gross
1941
1940
*
railway._L_ $40,859,755 $35,298,496 $20,015,945 $16,295,314
14,184,452
14,797,501
3,773,385
5,484,147
railway
from
from
Net
ry.
From
oper., income.—
3,479,495
7,656,168
1,336,361
3,645,739
January 1—
from
Net
from
Net
ry.
railway.
railway..
oper.
158,
p.
income___
425,057,087 331,362,497 211,320,715 160,565,511
162,881,210 132,021,012
53,422,510
67,236,518
68,896,805
42,884,088
45,167,960
23,307,023
2260.
$571,182
$640,888
—-
accrued
from
revenue
Unemploy. insur.
—V.
Net
all-time
new
;
>.
505,144
$1,128,932
488,044
income
deductions
Dividends
the
52,342,102
32,487,744
operations
Gross
Income
of
./
expenses
Net
Net
.
revenues
oper.
"Jt.
132,182
305,370
260,364
80,509
471,007
—
General taxes
Other
a
expected in 1944, Mr. Mercier said, and the
manpower* and equipment to handle the still
indication
oper.
$3,392,449
1,265,722
—-—
state income taxes
excess
to
the great wartime increase in railroad passenger transpor¬
further
Equip,
$3,546,751
1,312,223
—
—
-
and
climbed
succession, President A. T. Mercier revealed
of the company's activities
in the second
was
Net
3,380,141
Rochester Telephone Corp.—Issue Approved—
28
1943—2 Mos.—1942
$273,044
.
l
Railway
•'
43,362,450
7,715,043
1943
—
for
Federal
—V.
Dec.
President of
freight
Railway
612,139
stock
(outstanding 5,940
shares), $118,800; common ($1 par), $131,025; capital surplus, $679,611;
earned surplus, $476,237; total, $2,697,978.—V. 157, p. 171.
The
;
pointed out that the traffic for every day in 1943
than the traffic of all peak days in peacetime'years.
1940
$4,224,012
1,065,843
franchise
$100,000;
of
began,
a
Federal
revenues
Federal
Gross
Liabilities—Accounts
state taxes on
'r,;
>:
W
mileS
year before
57,961,222
14,098,235
8,918,414
39,245,634
income
Maintenance
Assets—Cash, $482,308; U. S. Treasury notes, tax series C, $920,000;
(less reserve of $41,877), $235,170; inventories, $445,312;
employee accounts receivable, $284; miscellaneous accounts and de¬
state
1477.
$
1941 $5,622,455
1,133,483
610,679
12 Mos. End. Nov. 30—
Provision
trade accounts
accrued
23
17.
in 1943 were 2V2 times greater than in
1939, the last year before defense production affected rail transporta¬
tion.
Passenger miles were 3'/2 times greater than in 1941, the last
158, p. 2475.
Operating
Operation
is
more
■
% Period End. Nov. 30—
1942
'
railway—
oper.
in
review
a
load.
ton
Net
x
Sioux City Gas & Electric Co.—Earnings—
$236,799
.
Common
p.
Dec.
22, 25 cents;
119,080
traffic
year
in
Miscellaneous
Net
"n '
1943—Month—1942
divs.^.
Pacific
30
further
railroad
.:
5,063,173
income-,
railway
from
1,361
2,293
contingencies.
158,
Dec.
on
record
of the war.
year
-v
the com¬
of 50 cents per share on
•'
1943
railway—
oper.
Cr946
*
cents.—V.
of
March
$1,608
and
fourth
the
Dec;
on
'
From January 1—
years
Other deductions
holders
follows:
158, p.- 2476.
Southern
for
extra dividend of 50 cents per share
$11,324,845 $10,784,596
railway
from
Net
ex¬
profits tax
cess
Adjust,
an
v"'
Gross
excess
profits taxes
Post-war
25
share was paid,
to
as
Southern Pacific Co.- -Traffic Reaches New High—
,
Seaboard Air Line Ry.—Earnings-
$296,398
784,200
_
were
Earnings of Transportation System
V-
5,693
$955,929
__
income
-
both
November—
Gross
per
value,
$288,744
92,791
maint.~
155, p. 56.
•
Other
cents
:-,£e- -'
Surplus
payable Jan. 15 to holders of record
Extras of like amount were paid on Jan. 15, 1943 and 1942.
mon
$1,518,211
exps.
Operating profit
declared
the usual semi-annual dividend
$946,426
saleS—
on
and
1942
:
75,265
and
deprec.
Int.,
it is stated, has under consideration a recapitalization
The directors have
Co.—Earnings—
Years Ended Oct. 31-
'
16 and Dec, 15, 1941.
Scythes & Co., Ltd.—Extra Distribution—
Rochester Button
1,
Taxes
ing debt with new obligations bearing
January 1—t
Net
156, p. 615.
E.
earnings
Oper.
than $35,000,000 outstand¬
interest at a lower rate.
The issues that may possibly be refunded include $11,000,000 Scran¬
ton Gas & Water Co. 1st 4M2s, due March 1, 1958, $7,800,000 Spring
Brook Water Supply Co. 1st ref. 5s, due April I, 1965, and more than
$16,000,000 Scranton-Spring Brook Water Service Co. A and B 1st
mtge. and ref.-5s.—V. 158, p. 777.
>
-
234,247
113,181
from
Gross
—V.
1,542,865
258,714
railway——.
the
Southern Canada Power Co., Ltd.—Earnings-
plan that may involve replacement of more
$799,134
$3,031,505
*
The company,
1940
$1,129,975
railway....
oper.
From
1941
1942
1943
$2,709,993
1,631,406
259,557
from
par
Period Ended Nov. 30—
Gross
per
capitalize—
November—
but
Scranton-Spring Brook Water Service"Co.—May ^Re¬
Richmond Fredericksburg & Potomac RR.—JEarnings—
Gross
navigation
and
power
for
negotiated
Warren, Chairman of the board and former
company, retired Dec. 31.—V. 158, p. 2476.
' this
Distribution—
20 and Dec. 15, 1942, and on June
2621.
.
158, p.
no
during 1943
cents;
Retires—
'
-V.
sales.
Va.—V. 158, p. 2366.
has
prop¬
Co., has been elected
Brown
on Aug.
year,
Co.'s
Gas
Southern Bell Telephone & Telegraph Co.—Chairman
share has been declared on the com¬
mon stock,
payable Feb. 10 to holders of record Jan. 20. Similar dis¬
tributions were made on April 15, June 12, Aug. 16 and Nov, 16, last
acquired subsidiary, the Charter Oak Stove & Range Co., St. Louis, Mo.
Frank E. Parsons, production manager of the insulation division, has
$57,000,000
a
«fe
Sulphur Co., Inc.—37 ^ -Cent Div.—
year-end dividend of 37V2
the.
July
total
a
*
v
Corp.-—V. 158, p. 2475.
of the Savage Arms
dividend
A
had
$40,000,000,
No extra payment was made in 1942.—V.
on
Y.—V. 158, p. 93.
Schenley Distillers Corp.—50-Cent
appointments of two mem¬
Vice-Presidents in a newly
23 announced the
Dec.
on
developed
funds,
(Santee-Cooper)
Electric
of South Carolina.
the purchase of the
State Supreme Court
lacked .the right to make the deal, and the Legislature twice
enact bills to authorize the purchase.—V. 158, p. 2621.
.,
for
Southern Acid &
Reynolds Metals Co.—New V.-Pres. of Subs.—
bers of its insulation division to positions as
Authority
Carolina
the State
company on Dec. 27 paid an extra dividend of 25 cents per
in addition to the regular semi-annual dividend of 50 cents per
on
the common stock, no par value, to holders of record Dec.
James
Frederic
buy South
Southeastern Telephone Co.—Extra Distribution—
Light, Heat & Power Co.—Bonds
Savage Arms Corp.—New Director—
2620.
Co*—■Santee-Cooper
,
j
The
porate trustee, 140 Broadway, New York, N.
>
Gas
&
Service
part of
1
Republic Steel Corp.—Acquisition—
Public
to
central
plants
failed to
first mortgage 4V2% bonds, due Dec. 1, 1947 at par
Payment will be made, at the Guaranty Trust Co., cor¬
interest.
and
&
Carolina
with
utility's
Mi*. Weinstein predicted that volume for
1944, would reach $13,000,000.—V. 158, p. 1383.
called
been
of
stock ($1 par), $401,504;
$1,501,992; total, $13,229,259.
common
surplus,
Carolina; Electric
authority,
project
Other
have
$528,496;
directors.
the
$115,000
payable,
expenses,
earned
in
The'
Called—
cents per share
This, com¬
on Dec. 28,
last, 17'A dents
July 10, 1942.—V. 158, p. 93.
paid
cents
7'/a
unexpired insur¬
banks,
$47,256;
abandoned
share
'••:-V;:V%'
stock, par $2, to holders of record Dec. 21.
common
with
for depreciation and amor¬
assets, $1;
$13,229,259.
total,
to
shares),
South
share
■
corporation on Dec. 29 paid a dividend of 17'/a
the
pares
profits tax, $478,31S(;
excess
reserves
intangible
par
no
The
v
its fiscal
St. Joseph Railway,
on
payable
dividends
South
Dec. 30.
15, 1943,
dividends
April 15 and Oct.
which were the first
made
.
the year ending Feb. 28,
of New York—17 V2-Cent Dividend
Reinsurance Corp.
(less
158, p. 1772.
$10,000,000, a new high and an increase of more than
year ago, Max Weinstein, President, said on Dec. 22 at a
of
1943
Abandons Plans to Acquire Utility—
share
per
holders of record
to
5
payable Jan.
of 25 cents
company's three stores in the first 9V2 months of
over
meeting
amount
refund of Federal
surplus,
paid-in
—V.
exceeded
50%
a
preceding'
two
share.—V.
per
on
14.
Dec.
the
paid
at
year
dividend of $14 per share on
the 7% cumul. preferred stock, par 100,
24
Dec.
on
Sales
31,
$415,155
$5,525,000; accounts payable,
$31,785;
salaries
and,'wages payable,
$46,624; Federal income taxes, payable
accrued, $3,721,919; other taxes payable and accrued, $512,040;
trust deed note payable, $3,797; reserve for self-insurance of workmen's
compensation risks, $25,946; deferred credits, $72,728; preferred stock
to
15
Jan.
cents
1938.
1,
Sheet, Oct.
'
Plant
premiums, etc., $108,438;
$138,731;\ accrued
Inc.—25-Cent Extra Dividend
an
amount were
and Oct. 15,
$1,501,992
customers
Defense
$449,070), $692,319;
$671,441;
the
Riissek's Fifth Avenue,
The
35,222
yearst-——
other accounts receivable, $29,946; note receivable, $8,750; U. S.
securities, $2,550,250; inventories, $4,966,585; amount to
received
^
each. *"■
directors
'
^
$685,843;
16,516
31,785
income
31
Oct.
receivable:
tization
dividend of 75 cents
of
dividend
a
payable
$1,
16,516
63,570
—
State
and
declared
29
stock, par
equivalent
is
i
and
property, plant and equipment
Business At Record Level—
company
174,881
$498,677
Government
erties
Regal Shoe Co.—Pays $14 Accrued Dividend—
The
$323,796
accounts
receivable, $3,476,349;
Corp.* (for expenditures in connec¬
with defense facilities;-including $231,621 not yet billed), S232,-
tion
regular quarterly dividend of $1.75
per share on the 7% cumul. preferred stock, par $100, payable Jan. 15
to holders of record Jan. 3.—V. 158, p. 2621.
on
succeeding
director,
This
cents
50
4
.
--
elected a
p. 2259.
Dec.
on
common,
7.
stock
Balance
Dividend—
,
at
Assets—Cash,
holders of record
the stock out¬
standing before the payment on Dec. 27, 1943 of the 300% stock
dividend, and the change in the par value of the common shares.
Dividends
paid on the no par common stock outstanding during
1943 were as follows: Jan. 15, $1; and April 15,' July 15 and Oct. 15,
Cheston, Vice-President of the Philadelphia Saving Fund
Hamilton
Society,
24,682,098
directors
the
Jan.
57,678,523
17,539,841
11,893,314
.14,915,347
16,487
;• 1,194,047
1,067,104
,
stock
and franchise taxes for prior
Balance
New Common Stock—
The
on
Prom January 1—
Gross
41,09.7
76,846
1,355,458
profits taxes
excess
surplus at beginning of year
on
V,
Royal Typewriter Co., Inc.—To Pay 15-Cent Dividend
on
$5,696,807
1,811,291
1,274,061
72,566,637
ry.
__
170,063
$1,575,423
$514,974
and
Provision for additional Fed.
$20,
par
an
1, Aug. 1 and Nov. 1, 1943. .-y-'i
Dec. 20, 1942, the company paid an extra
per share.—V. 158, p. 2475.
'
.
•
•
1940
1941
$6,560,858
railway....
railway
212,418
$1,947,279
.
charges
income
Dividends
.
to
On
''•
$8,875,079
3,567,604
2,178,412
from
Net
$1,405,365
.
$1,582,078
May
19, 1942, an extra
$8,526,982
2,757,814
1,030,670
from
Gross
219,138
$1,734,861
income
Net
.
extra dividend of 85 cents per
share on
the common
$1, to holders of record Dec, 10.*'•'
Regular quarterly payments of 20 cents each were also made on Feb. 1,
Reading Co.—Earnings—
November—■
$1,624,504
546,416
expenses--.
credits
income
for Fed.
Earned
Co.—$1 Preference Dividend— *.•
,
,
general
.
I
1
,
Rose's 5, 10 & 25-Cent Stores, Inc.—Extra
The
is an option to purchase 30,000 shares
June 25, last, while on-Dec.
1942
$8,261,317
6,636,813
$2,281,277
and
income
accounts
Ray-O-Vac Co.—Extra Distribution of 25 Cents—V
company on Dec.
10 paid an extra dividend of 25 cents per
share and the usual quarterly dividend of 25 cents per share on the
common
stock,. par $5, both to holders of record Dec. 3.
A similar
on
'
1943
10,992,312
II.
operations
Miscellaneous
Gross
"
The directors recently declared
v
of
at $15 a share.—V. 158, p. 2474.
disbursed
"
profits1./
adminstrative
Dividends
The
was
i
•■•.'•. •'
sold—
Liabilities—-Notes
extra
distribution, has been
will also continue' to
He
,
public relations departments,
$13,273,588
goods
Selling,
holders of record Dec. 22. Similar payments were
made on March
20, July 1 and Oct. 1, last.
This reduces accruals
on the preference stock to $1.20 per share.—V.
158, p. 2475.
meeting
and
sales-.-.
Cost
2475.
p.
and
sales
director.
'
Roman Catholic Episcopal Corp. of Ottawa-*-
Root Petroleum
of unissued common stock from the pre-emptive pur¬
of the common stockholders in order to implement an
arrangement giving an option for these shares to Edward Bartsch,
Vice-President of the Chase National Bank of th# City of New York.
Mr. Bartsch will become Executive Vice-President of Rayonier, Inc.
Among the terms of his contract
Solar Aircraft
of
sales
advertising
6 Months Ended Oct. 31-—
been called for'redemption as of March 1, 1944, a total
$101,400 of 4 % bonds, dated Aug. 31, 1935, and due Sept. 1, 1936at 100 and interest.
Payment will'be made at' La Banque
Canadienne Nationale in Montreal, Quebec, and Ottawa, Canada, and
at the Bank of Montreal, Toronto, Canada.—V. 158, p. 196.
rights
of the company
company's
—V. 158, p. 2366.
There have
payable
special
director
and
the
1955,
declaration of a common
each share'held, issuable
a
158,
shares
chase
^supervise
of
Rayonier, Inc.—Stock Option to Official—
30,000
Lemperly,
Vice-President
elected
Interest'^lC^Aiuu^^^A'^A^—
132, p. 3165.
holders of record'Dec. 23.-—V.
to
summer.—V.
last
(The)
,
dividend
$10)
(par
Partial Redemption—
RalstgffPurina Co., St. Louis, Mo.—Stock Split-Up—
The
stock
blocks
both
months
67.4%
stock
common
'
offices of Railway Express, increased 28% in the
of 1943, while express charges on these shipments
for the same period. ■
;V/\ >;% •>,-/.. ^
/-.'l
rate reduction
ranging up to 12 V2 % > became effective July 15
was considered to be indicative of how increasing air cargo volume
result in savings to the shipper.—-V. 158, p. 2620.
■
11
up
first
of
issue
new
Sherwin-Williams Co., Cleveland—New V.-President—
Charles. M.
will replace 48,140
"shares of second preferred stbek and 1,000 shares of common stock
/outstanding at $100 a share.
V ... .v.'
•••
v*
v
The
Commission,
in a recent proceeding involving the
corpora¬
tion's petition for issuance of preferred stock,- objected that under its
present financial structure ownership of $66,500 of common stock
"virtually vested control of a corporation with book assets of more
than $26,000,000 in one individual."
The outstanding 1,000 shares of common stock
(par $100,000) are
held by 12 individuals and constitute less than 1% of company's debt.
Upon the issuance of the new stock, the Commission said, the 1,000
shares will be offered to the public by present holders through in¬
vestment brokers;.
;•■.
..
V'
Until recently the 48,140 shares of 5%
second preferred stock and
335 (of the 1,000) shares of common were owned by New York Tele¬
phone Co.
Some holders of the balance of common stock purchased
The
off-airline
23,000
"virtually vested" corporation control
revise a security setup that has
in one individual.
pared
-
'
Southwestern Public
Service Co.—Annual Report—
initiated Sept. 1, 1942, under the
approved by the Securities and
on Sept. 17, 1942.
}/.
Company is primarily an electric utility with 87.66%
of its first
fiscal year's gross operating revenues derived from the sale of electric
•energy and 82.47% for the system-including the Louisiana subsidiary.
Operations
plan of
of
the company
were
integration -and simplification
Exchange Commission and consummated
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
Volume 159
Compliance with Commission
The
of
order
Orders
plan
integration
of
Securities
the
of
and simplification required the
in the following properties and
subsidiaries:
.y
operating /companies.
Utilities
weeks
52
ended
Nov,
27,
1942.—V. 158, p.
1943,
14.89#
Spicer Manufacturing Corp.
Three Months
"Profit
from
.
(&
and
general
Ended Nov.
of plant
and
expenses
—
149,979
mitment
.y.
'
of: The so-called Jacksonville and Marlin-Mexia groups/''!
operating in East Texas. !< v'11
1
"
In
compliance with this order, on March 9, 1943, company com ■■
pleted disposition for approximately $845,000, of Its interest In .•thft^
four Arizona subsidiaries;
and on Aug. 31, 1943, it sold its interest...
in
Arkansas Utilities Co, for approximately $1,808,000.
On Oct. 6;
Normal
Excess
profits
$158,000)
Net
1952, at which time the
remaining balance of $215,000 will become due.
....
These transactions were all made at prices considered by the man¬
thoroughly
be
satisfactory.
terms of company's
The
serial
such
of
ment
time
ordered
to
for
notes.
1
S;
has
/y.
been
ruled to the contrary.
previously
y\
■
of
Statement
Income
v\
_-
Company
vy
■
and
3,148,706
393,382
'
State
__—
Income
Federal
income
Provisions
taxes
Net
income
Gross
Income
249,600
22,816
860,095
682,972
income—
1,053,702
5,225
895,730
franchises—————!———
5,225
of
operating
Other
.
14,016
—-
——
retirements—__————————
for
Amortization
3,889,860
470,551
171,600
taxes-,—
than
other
Taxes
ponsolid.
$8,482,569 $10,092,038
Operating revenues ——2;———.
Operating and general expenses——
Maintenance
from
Net
ry^
from
ry.
deductions
$3,701,004
$3,756,267
1,094,065
%
,—.——
1,106,157
(net)————-—
Net
for
income
Divs.
—--——
$2,606,939
$2,650,110
cum.-pfd. stk.
386,945
386,945
paid-—-------———-268,557 y 268,557
year----
Sheets,
1943
Company Co. and Sub.
'
' ' <
Only
Consolid.
—i—*— $36,716,352 $43,127,940
t
111
of
cost
S.
assets
net
securities of
in
402,370
railway.-—
240,000
200,000
1964-1969—-—
•—
•V
9,722
Harold E.
■.manufacturers
President
the
of
of
founder
Newbold,
Vice
General
and
expenses———
expenses-—
11,249.
Electric
''A"-
output
$5,916,000
644,720
—
A.
par)—!;
—
stock————--—:
——c.
—
Accrued
taxes
and
'
Deferred
dividends
stock
deposits
712,897
——
476,414
of
not declared
1
.
710,510
of prop.,
6,433,114
plant and equip.—
7,561,625
for
amortization
franchises—.——
21,557
21,557
Reserve
for
possible loss on sale of investments
302,513
302,513
Capital
surplus
Earned
of
152,426
of
shares
Subscription
record
to
subscribe
'
—
of
the
at
Total
shares
8
Because
the
such
$49,698,036 $51,370,158
—————
Novemberfrom
Net- from
ry.
income.
From January
from
Gross
Net
from
Net
ry.
—V.
—
2,454,466
railway--.
223,360,944
185,191,022
126,840,144
95,974,980
104,679,861
8.1,020,768
47,190,135
29,164,264
33,402,203
—
—
38,575,518
29,534,992
and
will
possible
sold
period End. Sept. 30—
1943—3 Mos,—1942
$885,576
revenues.—
&
taxes
610,450
$163,522
Int.,
y y.
$845,773
$791,603
2,007
374
2,837
$187,612
$847,780
in
etc. kieductions-—
71.934
72,049
284,946
285,361
$92,046
$115,562
$562,834
for,
the
be issued by
held.
so
and
The
distances
the
75,832
303,074
thereof,
4,386
4,431
17,679
net
Common
and
the
will
extent
listing
definitely
The
would
dividend
directors
has adjourned
taxable,
be paid
originally
rescinded
precaution
against
their
the
sideration might- put
a
without
this, corporation
share
one
stock
of
Dec.
on
was
action
on
28
to
declared
and
taking
Dec.
on
each
holders
of
Nov.
on
made
the
action making
any
23
five
announced
shares
record
29.
On
dividend
on
that
outstanding
of
Dec.
Dec.
14.
the
8y
tentative
that the tax bill then under
stock dividends.—V. 158, p. 2621.
as
a
a
Net
27,
reports sales
1943,
12,955
V 220,634
Treasury
300,000
300,000
771,594
771,594
1,653,688
1,538,285
'
$6,382,675
•
$3,003,797
corporation
5
Dec.
on
stock,
common
made
on
par
on
30
paid
dividend
a
of
10
to holders of record
$1,
'
cents
Dec.
per
24.
share
similar-
A
Aug.
Aug.
1, 1942; none since.. The previous pay¬
1940.—V. 157, p. 261.
1,
15.29%
in
below
its
retail
those
stores
for
the
for
same
the
of
United
held
the
warrants
Nov.
13,
■
and
and
such
last
year.
Furniture
3.16%
for
decrease
sales,
the
in
\
•
net
agreed
and
sell
to
months
11
electrical
Suncook
ended
Nov.
in
Cost
will be
Mills—Earnings—
oil
occasioned
of
Canada,
;
sold
■
in
Adams
various
be
;
from
oper._>._.
Oil
has
above
other
or
laws
by
Other
regulations.
and
are
to
been
paid
by
Gas
'. '.y
the
to
capital,
,
Co.
agreed
in
the
the
properties
such
on
.
,
of
the
2621,
2476.
'/
48,464
the
due Feb.
1,
st
and
100%
first
outstanding
for
have
1948,
t$90,020
provision
$160,183
which
States
Federal
Government
credit,
as
and
taxes,
Co.
at
the
Holders
any
time
prior
to Feb.
these
surrender
may
date
to
set
bonds
for
at
the
office
redemption
and
Other
of
the
trustee
100%
Net
.
y;
-
i:l943
1942
from
railway—.;.*... -$392,943
railway..: 65,685
oper. income—,
8,666
1942
1941
$668,878
$627,034
$345,566
40,135
34,259
,y' 23,27-0
$384,678
$709,013
$661,293
$368,835
ry.
From January 1—
from railway—__
76,004
75,446
72,551
327,500
219,500
58,711
34,226
32,512
27,367
31,716
$156,948
$273,556
$341,876
$205,996
$1.84
$3.21
$4.01
$2.42
.
profit'
per
share.
Balance
Net
from
Net
ry.
of
on
"7,232
73,789
215,133
"166,463
"262,789
This
compares
Dec.
26,
on
with
1941.—V.
Dec.
15
151,
15
cents
p.
paid
3902.
a
par
on
met)
107,462
451,960
541,775
19,033
1,632,141
year-end
$5,
to
Dec.
dividend
holders of
15,
of
30
record
1942, and 50 cents
■•'.■■■■
440,907
11,425
$600,000
$627,000
•'$450,000
131,250
35,219
"132,937
.
,
■■-
——'.If—
payable
payroll
for
payable
Capital
4,
on
on
income
33,894
8,536
^
"80,647
328,231
219,816
.200,000
300,000
*
—A
426,000
268,816
426,000
426,000
268,816
•268,816
913,862
(par $5)
surplus
-*
.
-
100,000
—
——*
stock
Common
——1,412
taxes
Earned surplus
927,314
824,158
$2,461,532
$2,943,830
$2,664,158
"
Total
—
*
deducting U. S. Treasury tax notes of $40,000.'
Dividend Rate Reduced—
cents
Dec.
97,853
■1
: $2,664,158
30-Cent Year-End Dividend-—
paid
stock,
109,863
—
663,548
1,239,884
$2,943,830
Notes
"42,596
"34,889-
781,118
Coi-p.—Pays
.
20,125
623,210.
1,488,447
.25,860
Reserve
$127,340
1,576
363,181
common
etc.
charges & prepaid items,.-
Accrued
1,714,065
the
247,099
$2,461,532
1940
1,062,391
158, p. 2622.
corporation
.
Property, plant & equip,
"After
share
1941
$190,416
27,500
payable yi!
—51,754
Accrued taxes
(other than income)
19,042
$138,435
2,418,996
income*—
1942
$123,577
57,500
1,446,993
Investments,
Deferred
SO
1943
Inventories
1,475,501
90,780
railway-!——.
oper.
"Deficit.—V.
Sept.
$129,083.
bonds
■
3,931,491
Sheet,
Accounts
..
72,412
at
113,493
.
Gross
1941
1940
117,500
deduction
and
$255,097
.
from
accrued items,
reserve for
Liabilities—
.
tLoss.
$137,326;
$23,099;
Account^- receivable
Transit Ry
Ry.—Earnings-
y
r
renegotiation.
$336,596
deductions
Defense
Notes
November—
of
-
Earnings—
Comparative
1/1944.—V.M58, p. 1863.
Staten Island Rapid
in
48,082
preferred
yyyy^'y' y
receive
$216,667
decline
•
Irving Trust Co,,
yj y
a
1943
income
tax
Income
Earned
■
from
Sheet, Sept. 30, 1913 y
payable, $24,206;
state
Depreciation
Net
made
arise
.52,100
ap¬
6 % gold bonds, series. A,
for redemption as of Feb. 1, 1944,
be
result
a
$57,000.
income
Total
20-year,
been called
may
sub¬
been
70,276
yy~.~—
$248,375
losses
for
Sept. 30—
prof, before depr.
Other
.
'
42,000
36,227
Assets—
Pavment will
interest.
..
145,000
and social security taxes,
Oper.
<
lien
■'
"200,000
.
67,189
$375,270
$37,500; provi¬
employees' deposits for in¬
contingencies, $271,045; common stock ($25 par)
(less liquidating dividend $20 per share,
$736,160), $184,040; capital surplus, $5,220; earned surplus, $948,501;
total $1,630,936.—V. 157, p. 2355.
V-:
Standard Public Service Corp.—To Redeem Bondsof
73,500
$467,230
31,855
- 81,029
700,000
Year Ended
consummated, the purchase price
and general conveyance of all the
!
■J
$1,108,647'
1625,000
profit
Taylor-Colquitt
been
company,
$308,081
'
949,423
inc. tax._
Liabilities—Accounts
non-
company's
1943.
168,956
$393,730
$1,027,618
i
"50,000
L_
United
sion
lands
to
■
to
3,498,366
240,027
Assets—Cash, $1,155,583; accounts receivable (less reserves, $446,081;
deposits for income and social security taxes, employees, $23,099; post¬
war refund of excess profits
tax, $6,174; total, $1,630,936.
Cb.^;;
^entered,, iptoy
with
respect
y .yy—
■
about Dec. 15,
or
'
4,641,354
53,917
tNet of debt reduction
whereundeiy,Adamsy.
producing "and
certain
;
has
company,
National Bank of the City of New York has
transfer agent for the 4 (4 % cumulative convertible
p.
a
values, the imposition, retroactively or otherwise, of un¬
expectedly large tax burdens, and amounts which might be payable to
pre¬
general funds
Chase
158,
of
inventory
capital expenditures,
(Del.)
royalties
Transfer Agent—
.
with
2087.
255,963
101,211
contingencies-
"Includes
'Y's ";'
properties embraced in the agreement has been made to Sohio Prodtlcing Co.
' yy ;;;y:.:,y'
y;--v,;
.„.v,vy: y /-y.y ,yy;
■
p.
dispos. of plant
for Fed.
Net
to purchase, for a considera¬
company's common. ?stock,. plus
the
and
convey
the
158,
7,020,601
$1,588,320
cliarges
for
items
of $10,012,163
maximum
a
added
1943)
26,
&
leases
transaction
compared
as
$3,975,402
,
-$1,487,109
income
on
Prov.
sold.
so
convertible
cumulative
states. '
agreed
1943,
75.19%.—V.
$5,275,110
341,958
__.A.
Total
•
interests
sidiary, Sohio Producing Co.
The
5.65%
$8,304,181
10,360,843
-
exps._
income
Other
but
stockholders
Proceeds
the
shares of
gas
of
increase
an
y
$12,189,912
goods
Profit
such laws and regulations,
such price or prices as the
and the pro rata share of
by
of
will
Oil
undivided
and
decrease
a
Sept. 30,'43 Sept. 26,'42 Sept. 27,*41 Sept. 28,*40
Selling & admin.
Res.
for working
company
54,847
cash,
20,
appliance sales of
sales
Net
Loss
of
sale
Oct.
Adams
the
consisting of
$5,073,295,
■
exclusive of appliances, reflected
Years Ended—
distribution
applicable
to
permitted
the
of
(as
$4,612,898
housefurnishing sales for November reflected
under
receint. of satisfactory instructions
upon
$9,860,080,
1943
1943—U Mos.—1942
$490,388
;
delays
States
for
expiration, at
discretion determine,
available
be
to
with
per
weeks
Inc.-yNovember Sales Off 14.78%
1943—Month—1942
.
r*.$417,919
Electrical appliance department net sales for the month
of-November,
1943, were 83.93% less than they were a year before, while furniture
the holders
to
company
involved,
'be
corporate purposes.
States Oil
four: weeks
four
sales
■
Issuance of Common Stock for Adams Oil & Gas
On
The
Nov.
S.
•
Period Ended Nov. 30—
con¬
Spencer Shoe Corp.—Sales Continue Lower—
corporation
U.
-
Sterchi Bros. Stores,
«
of 101,389
Jan., 5, 1944.
estimated to be approximately
company
Net
possibility
leyy
(less
40,175
1384.
p.
was
come
:
Spencer Kellogg & Sons, Inc.—Pays Stock Dividend—
of
est.
4,704
8,963
124,460
,
cents
shares.
1,047,349
subscription
such
of
its
minimum
the
Gross
Congress
fees_„.._..__
$1
(par
was
Stk.
restrictions or regulations, the subto holders of the common stock
subject
proceeds from
and general
17,724
dividends
commitment
taxes,
stock
distribution
are- received
on
or
before 3
p.
m. on the
preceding the day upon which the subscription
by their terms, such subscription warrants will,
day
in
stock,
interest
,,'diVidends-,
—V. 158,. p. 1179.
"
dividend
21,515
income taxes__^_
-
the
on
'
A
Because
income
158,
The
25,
for
303,329
Stock
and
mailed
continental
warrants
to
$5091081
'75,599
y
r'Tiroi:)
$106,900
bonds
Sterling, Inc.—10-Cent Common Dividend—
the
Dec.
stock Dec. 23, granting the holders rights
Share for an aggregate of 101,389 shares of
preferred stock at the rate of 1 share for .each
Application
The
$794,443
Class
ended
applied
trustee, One Wall Street, New York City.
f!r !
The
stock
will not be
date
ferred
2,697,376
$163,979
income
500,611
savings
war
Cash
—-
Net
its
ended
$3,488,979
3,066,433
$187,238
458
r.-_——
income''
week
of, each stockholder whose subscription warrants
stock.—V.
$3,912,207
"
Gross
for
Condensed Balance
All
income
..a
Offering to Common Stockholders
stock
expire
the
may
1943—12 Mos,—1942
$797,690
722,054
Net oper. income-.—
Other
the
Bank, New York, for the exercise
and
on
pointed
Southwestern Light & Power Co.—Earnings-
exp.
—
surplus
aggregate net proceeds, if any, of any such sale, will, if permitted
such laws and regulations, be remitted to, or will be held for the
The
Operating
$2,864,730
^
-
in charge
companies
operating
for
system
governmental
of
business
account
158, p. 2621.
Operating
Corp.,
such-instructions
full
company
18,573,995
income.
oper.
3,458.271
1—
railway-
interest
Earned
a
per
time
owners
warrants
be
$9,680,471
2,835,732
5,761,143
3,240,803
—
yy.,'yy.
-
Total
Stock—Additional
subscription warrants
Unless
last
if
the
National
the
located
1940
1941
1942
$20,108,679 $19,600,736 $12,373,955
9,487,754
4,476,234
9,294,013
railway..
& Seal
become
2476.
p.
will" expire at 3 p.. m, on
and
of
producing
1943
railway—
oper.
1,272,363
36,545
35,793
;■
common
subscription
tion
y
Stock
common
war,
such
of
5,882,897
1,966,036
1,922,835
1942)_——
1,
Southern Ry.— Earnings—
Net
will
Co.
Exchange has authorized the
convertible
of
transferable
$76,300
Gross
1,234,216
amortization)
39,997
surplus
(Ohio)—Listing of 41/4%.Cumulative
common
$100
an-agreement
—V. 158, p. 2367.
;
employees
Paid-in
kwh. as compared with 168,319,000 kwh.
last year, an increase of 18.9 r,b.—V.
158,
warrants will
of
cumulative
207,725
5,882,897
construction———
(since Sept.
surplus
92,993
(less
banks
payable
other than
Common
4'A7«
of
576,555
accrued,
—'
of
153,
Felt
Cap
utility
Co.
Preferred
Preferred
by
99,537
Reserve
aid
General
of
Standard
public
Electric
York Stock
New
number
287,417
32,045
705,588
in
assets—
113,314
77,422
105,678
to
Federal
cumulative convertible preferred stock ($100 par),
236,237
additional shares of common stock ($25 par), which are
reserved for the satisfaction
of thd conversion rights of the cumu¬
lative
convertible
preferred stock; and 54,847 additional shares of
common stock upon notice of issuance in
connection with the acquisi¬
tion of certain properties of Adams Oil & Gas Co., making the total
951,445
..
93,862
credits
Contributions
29,327
666,768
113,314
equipment (less reserve).,.-
■
to
ment
shares
the
287,417
32,045
—
Reserves for retire,
the
of
Standard Oil Co.
385,367
year.—!———
one
,
Preferred
24,921,500
236,824
7,254
liabilities--'——^—
accrued
Long-term'debt due within
Consumers'
658,630
658,630
.—348,199..
-—:
current
$5,916,000
644,720
24,921,500
181,679
3,713.
,
payable
Outstanding ice coupons-———--——————.:
Other
of
division.—V.
and
Gas
Convertible
from
! '
stock
.-.
preferred
interest
——
8,949
2,655,309
Dec. 29 announced the
on
2621.
Chase
$49,698,036 851,370,158
Accrued
President
1943, totaled 200,212,000
the corresponding week
107,058
107,058
—
Total
_
to be billed to cust,—
Standard Gas and Electric Co.—Electric Output—
warrants
common
364,986
956,328
60,046
accounts
Taxes,
-V.
outside
debt
$383,026
556,052
$3,003,797
payable
Accrued
director
Felt
residing
011
$561,324
on
purchased
and
and
scription
Premium
y%. 1942
hand-.——-—!
other
and
.
.
charges —.168,399
Liability
President—Acquisi¬
of the Geriferal Felt Co. of Brooklyn, N. Y.,
laminated,
coated*'dnd processed papers.
Robert
by
Accounts
;y
1943
(less reserves)-.——
reimbursed by U. S, Gov.
patent licenses
Liabilities—
Notes
-'''v'
110,668
Long-term
and
and
•
A
.
$6,382,675
company
101,942
($1
5
.
766,276
Talbott, Chairman of the board,
acquisition by the
99,804
other expenses,—-.
taxes and
discount
charges
stock
878,532
McGee, partner of Harold E. Talbott & Co., has been elected
101,942
receivable——4
accounts
Liabilities—
1,502,053
Trade
161,282
6 V2 % .cumulative
Deferred
135,417
138,356
Common
18,201
228,809
Prepaid insurance,
.
11,925
391,952
436,223
stock
54,940
292,871
369,815
Capital
Patents
and
charged to cost and
receivable
Property,"plant
25,392
$1.57
sold,
excess
y:y
deposits and cash
accounts
225,000
.
including material, labor
profits taxes of $25,000,
goods
of
y;yyyV..
Investments
1940
743,206:!
Inventories
debt
Demand
Trade
$69,364
379,957
931,706
deferred
$2.25
Balance Sheet, June 30
21,887
747,711
Cr90,641
Unamortized
1941 v
268,461
782,595
Other
$472,883
225,000
$1.26
^Includes
;
Assets—
$78,396
%
income—
Cr79,598
doubtful
deducting cost
expenses.
expenses.
2296.
President., v. '>,■
9,722
11,042
receivable——u——_—
for
Reserve
$676,068
195,000
$0.53
Investment In subsidiary (not consolidated)—
1942
18,741
$380,478
45,000
shr.y
Inventories
railway——
p.
Russell
1,819,358
3,338,257
————_2_—
receivable
Accounts
$160,403
———
Cost of facilities to be
117,732
v
47,633
100,503
Note—Depreciation and amortization have been
613,022
1,816,612
3,064,433
bonds of
402,370
5,957,534
predec. cos.
subsidiary cos
receivable-———
warrants
and
values
over
——
2 J/2%
Treasury
Interest
—
acquired
deposits
Special
Notes
------
in accounts of non-affil.
recorded
Investments
U.
:
81,
Aug.
—a
.
Asset's—.
Excess
$1,994,608
_$1,951,435
—
assets.
1,423,000
;
$194,425
21,153
58,284
329,532
-
Balance
Fixed
factory
tion Announced—
The
Surplus
1943'
1,813,860
>
Standard Cap & Seal Corp.—New
paid and accrued on ,6l/2%
dividends
;
19,418
A
.
4,501
8,440
i'205,000
Payrolls
p.
Common
y
income
oper.
158,
Standard
income
of
158, p. 2476.
$141,019
•
1,337
18,234
102,000
taxes
January 1—
Net
216,078
530,066 "
profit
tAfter
for
paid of $6,917.—V.
railway
from
Net
—V.
$3,540,189
$3,170,938
.1.
revenues
.—
refund
4,000
-
—
$634,585
provision
railway--—
oper.
From
Gross
y. ;yy yy
Only
t
Year.Ended Aug. 31, 1943—
post-war
income
Dividends paid
Earns, per common
227,000
i—-
from
Net
Company and Subsidiaries
Company Co. and Sub.
of
:
•
;/• y.,
•
deducting
3,557
■
J
■„
November—
^
has
(after
deducting
interest
tAfter
Gross
Commission^ to
Company has initiated and
1944.
tax
v
Net
.
i
_
341,439
$546,907
$2,859,587
Spokane International RR.- -Earnings-
expects to continue negotia¬
tions
looking to the exchange of these properties ; for other prop¬
erties which could properly form a part of the company's integrated
system; or if such exchanges should not prove feasible or desirable,
it then intends to dispose of these properties at fair, and reasonable
prices. However, .company has reserved the right to contend that the
properties in Texas comprising the Jacksonville and
Marlin-Mexia
groups are properly retainable in its system, although the Commission '
July 8,
surtax—,
622,248
$951,817
48,021
deductions...—
Tools and dies in process,
securities
and
for
——571,445
,
553,908
$578,375
income Cr_„.
renegotiation of war business for
the three months ended Nov. 30, 1943 and manufacturing charges in¬
cluding maintenance but exclusive of depreciation and amortization,
-
■
of the other properties
extended by order of the
disposition
sold
be
;
profit
"After
serial note indenture,
the
cash realized
from
these
transactions was deposited with
the
trustee under the'note indenture and has been applied to the retire¬
the
with
and
income
(est,)—
.
properties, payable in instalments until Oct. 1,
to
Other
—
income
taxes on
$888,346
com¬
Cr84,097
——_2—
Provision for Federal
1941
$1,574,065
336,946
——
Other
—
Expense of idle plants.—.y-y.——,——.
Amortization of war plant facilities
Royal Palm Ice Co. sold its properties and liquidated, company
receiving approximately $209,000 in ;• cash
in this liquidation and
retaining a $400,000 purchase money 6%, first mortgage on these
accordance
income' '
Total
1943,
In
fees
—$2,775,490
y<".'
Properties
1941
$1,132,282
$296,191
,
Prov.
Florida
1942
$633,137
——
Operating profit
Int. charges and
553,623
equipment—
Operating profit ———A——
IDiscount on purchases, interest and other income.
'
and
gen.
$3,479,093
—
.
,
1943
profit.
admin,
30, 1013
!
expenses
Co,-—Earnings-
June 30—
Selling,
Subs.)—-Earnings
—
agement
Standard Products
t Manufacturing
operations———————„—-A—
Administrative
Depreciation
r
•.
.
the
Years Ended
Co.
—Royal Palm Ice Go.
Louisiana—Gulf Public Service Co.
below
49^
2197.
company
following
-^Four
Arizona
Arkansas—Arkansas
the
for
corresponding period of
approving
Commission
Exchange
and
Securities
the
to
dispose of its interest
securities by
July 8, 1943, subject to extension by the Commission. These assets were
designated by the Commission as not. properly retainable under the
provisions of section 11 of the Holding Company Act:; y-y
the
and
1942;
The
share
company
on
the
on
Dec. 31 paid a quarterly dividend of 40 cents per
stock, par $5, to holders of record Dec. 20.
In
common
preceding quarters, distributions of 50 cents each were made.—V.
P.
261.
157>
Monday, January 3, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
50
dividend
both
of 20 cents per
amount have been
dividend
extra
An
like
of
28 to holders
1943.—V. 157, p.
Jan.
payable
disbursed during
■' i
the
on
stock (par $5)
ferred
$5 cumulative
ry.
—V.
.
.
54,243,233
18,749,331
22,206,973
11,793,261
158, p. 2296.
Railway
organized in Delaware
was
43,871,795
Operating
Operating
Nov. 20, 1943. Principal
N. Y.
The
take over the property and busi¬
ness of the unincorporated business conducted under the name of The
Telecoin Co. consisting of the ownership and operation of 450 coinoperated Bendix
Home Laundries, located chiefly in Metropolitan
New
York City and a small number of adjacent New Jersey cities.
These machines are placed in apartment houses for the use of the
tenants and in Army camps and Coast Guard training stations for
the use of the men in the service. The predecessor business mentioned
was
started in April of 1942, at which time the first machines were
placed in locations.
The last machine of the 450 was installed in
June of 1943.
Only a modest amount of capital was invested in the
business, and the machines largely paid for themselves out of income.
The cost of installing machines in the various locations was also paid
for out of income, and the cost was treated as expense and not capiCorp.
Telecoin
444 E. 52nd St., New York,
corporation was organized to
office,
91.184,693
23,079,731
income,-.,
,
revenues
1943—Month—1942
$6,178,599 $5,559,295
3,612,281
2,791,931
1,699,728
1,102,199
Joint
™™_™™:'
income
Net
—V.
158,
case
the week.
Home Appliances,
to fill orders.
In
the manufacture
of
Federal
the story of Bendix,
of America to realize that
the hardest work
Demand for the Bendix grew rapidly and Bendix
Inc. had to keep on increasing production in order
April of 1942 the War Production Board suspended
of washing machines for the duration, and Bendix
plea'sure instead of
will be
a
on
apartment
for which
The ad¬
old-style washers
many dis¬
advantages of the old-time machine, such as spilt water and soapsuds
in the laundry room, and dispensed with the necessity for laundry
tubs used in rinsing.
All of the other advantages of Bendix in the
multipield many times in the basements of apartment
Telecoin Co.'and
of The
name
placed the machines in
percentage agreement with the owner, in return
supplies the necessary water and electricity.
vantages of Bendix as a coin operated machine over
were soon apparent to landlords, as the Bendix eliminated
were
£
houses.
'■ '■
.■
'
■■
Authorized / Outstanding
20,000 shs.
"^O.OOOshs.
+400,000 shs.
(340,000 shs.
*To be outstanding if and when the present offering is completely
■sold.
tThese shares were^issued in consideration for the transfer to
the corporation of the 450 Bendix Home Laundries and the business
of The
Telecoin Co., previously owned and operated by Eugene R.
Farny and Arthur -W. Percival, who have in turn donated back to the
■corporation 40,000 of these shares of common stock for sale with the
20,000
shares of preferred
stock now offered. *60,000 shares of
authorized but unissued common stock have been reserved for issu¬
upon conversion of preferred
stock at the rate of 1 share of
preferred stock for 3 shares of common stock.
The
holders of preferred
stock are entitled to receive dividends,
when and as declared by the board of directors, at the rate of 50
cents
per share
per annum, and no more, payable in semi-annual
installments (January and July), accruing from and after Jan. 1,
1944, and thereafter from the first day of the semi-annual dividend
period in which issued, before any dividends are declared upon the
common stock.
Such dividends on, the preferred stock are cumulative;,
In the event of involuntary liquidation, dissolution or winding up
of the corporation, tne preferred stock is entitled to receive $5 per
share, and in even of any voluntary liouidation, dissolution or winding
up
is entitled to receive $5.50 per share, in either case plus any
accrued and unpaid dividends, and no more, before any sum shall
be paid to or distributed among the holders of common stock, but
after payment of said sums on the preferred stock, the remaining
assets are payable to and distributable ratably among the holders
Capitalization—
$5 cumul. conv. pfd. stock ($5 par)™!
Common stock (10 cents par value)™_
$431,346
$394,294
Net inc. after int. chgs.
-232,296
207,115
Dividends applic. to pfd. stocks for period——
—V. 158, p. 2476.
$5,066,142
2,744,922
v 865,050'
1,787,875
865,050
stock.
• .. ■■ ,■
The preferred stock is redeemable by the corporation at its
at any time at $5.50' per share plus dividends on at least 30
not more than 60 days' notice.
Preferred stock called for redemption
may be converted on or prior to the tenth day preceding the redemp¬
option
and
'
Each share of preferred and common stock is entitled to voting
•powers of one vote per share, provided, however, that .in the event
the corporation fails to pay any four semi-annual dividends, whether
not consecutive, upon the preferred stock then the preferred stock
shall possess voting power for the election of directors and for all
other purposes
at the rate of 1.5 votes per share, until all accrued
dividends due and unpaid upon the preferred stock shall have, been
.into
date
common
stock'.
-
or
paid.
The
of
J
•
1,
Dec.
the
■
at
account
and
corporation has no funded debt and no other debts as
1943, except collateral installment bank loans due on
450 Bendix Home Laundries in an amount of $7,724
estimated not to exceed $3,000.
Management—The following are the officers and directors of the
corporation: Eugene R. Farny, (Chairman & director), Morris Plains,
N. J.;
Arthur W. Percival (President Sz director)...New York, N. Y.;
Fred H. Hunter (Director), c/o M. H. Rhodes Co., Hartford, Conn.;
Clinton H. Fuller
(Vice-Pres.), New York, N. Y.; Harold W. Steigler
(Secretary-Treas.), Bronx, N. Y.
organization
Texas
'
12,624
___„™.
Operating
Operating
Electric Service
Net
)ther
,
retirement reserve
Gross
365,341
5,237.207
106,871
83,333
83,333
1,465,096
836,551
1,000,000
$10,840,135
4,380,924
1,316,852
828,218
1,000,000
$240,741
$295,588
$3,851,827
$3,314,141
2,683
741
30,176
19,018
$243,424
$2«fi,329
$3,882,003
$3,333,159
1,588,305
375,678
$1,053,070
469,479
taxes
oper.
revenues—
(net)
income
$927,265 $12,390,681
76,132
Dividends
88,497
152,067
applic. to pfd. stock for period
—V.
p.
Net
after
158,
1943—12 Mos.—.1942
189,261
70,256
revenues
expenses
income
Co.—Earnings—
1943—Month—1942
taxes
Federal
Prop,
and
I.—
™
£;>
Vice-President of. the
at
V
performing its contractual obliga¬
will interfere with the company's
continue its business and perform its contracts as in the
75, p. 984. '
•"!,£•'■,.•■
:
is fully solvent and capable of
tions. The receivership in no way
pany
ability to
.past."—V.
Third Avenue Transit
(Including
Corp.—Earnings
Companies
Affiliated
int. charges™
2476.
1,981,000
375,678
on
Consolidated Basis)
.1943—5 Mos.—1942
$12,236
$3,659
™
'
year.—V. 158,
previous
2296.
p.
Thompson Products,
sales
Cost
Other
$4,737,169
183,867
$3,006,125
etc.™-™
383,156
8,051,452
t
"551,669
6,736,344
600,000
■
Dominion income taxes
Frov. for., post-war adj. and conting.
Re-instatement of res. for invest, in
income
Total
Thompson' Aircraft Prod. Co.™™
2,558,982j
$1,516,532
profit i™'.
Earnings
common
per
$1,463,915
298,419
295,490
$4.75
$4.61
stock (no par)™'
share
™_™
Depreciation'
Interest paid
__™_
income
dividends
(Includes $2,956
Note—No
it
as
'
r
Thompson Aircraft
Provision for depreciation
1943 amounted
in
and amortization for the
to $742,668,
Consolidated Balance Sheet, Sept.
no
.30, 1943
Aircraft Products Co.) r
:
.
-
.
Liabilities—Notes payable to banks,
$450,000; accounts payable, trade,
payrolls, etc. (including $518,059 payable to unconsolidated subsidiary),
$3,475,261; payable to U. S.-Government in connection with renego¬
tiation
for' 19'42, estimated,
$454,487; accounts pavable (refund to
Canadian Government), $1,076,915; accrued taxes (other than income
taxes),
and sundry items,
$2,040,000;
income taxes,
lless U. S. Treasury
Sheet,
Nov.
common
capital" surplus,
157,
p.
on
income has been
payable for the year
30,
1943
stock (series B) 117,546 no par
$95,439; earned surplus, $29,948;
£,
174.
Baptist Church, Memphis, Tenn.—
To Redeem Part of Outstanding Bonds—
- . ? •
There have been called for redemption as of Feb, 1, 1944, a total
of $11,000 of first mortgage bonds dated Feb. 1, 1941, and due serially
from Feb 1, 1946, to and including Aug. 1, 1948, at par and interest.
Payment will be made-at the Union Planters National Bank & Trust
Co., Memphis, ,Tenn., or at the. Mutual Bank & Trust Co., St. Louis,
Mo., paying agents.—V; 158, p. 198.
£.: ■
.
1
Electric Co.—Bonds
Called—
and refunding mortgage 5hkr'« gold
bonds, series A, have been called for redemption as of Jan. 29, 1944,
at 101 and interest.'
Payment will be made at the Bankers' Trust Co.,
trustee, 16 Wall Street, New York City, upon presentation and sur>*
render
of the bonds
at any time before date set for redemption.
—V. 158, p. 2622.
£
outstanding
of .the
All
first
(Including Leased
Period End. Nov..
V
I
$907,513; provision for current contingencies,
estimated, less payments on Dominion taxes
notes, tax series,
$ ;
Railway
opei£
oper.
inc.
from
^
purchased and held for payment
.
$/
•
^8,980,170
Brl,171,979Brl2,019,585DrlO,022,604 i
trarisp.
'
invest,
from
50,397,869
other
Net
charges.
other
from
income
37,886,847
1,082,868
15,954,908
13,234,068
.9,434,656
53,641,755
63,631,937
1,135,159
1,155,823
12,925,525
12,980,775
3,534,256
8,278,833
40,916,230 50,651,162
&
sources
&
8,351,788
4.669,415
.
2,421,820
2,247,595
operations
Income
eral
income
all
taxes of $92,200,000
taxe^. of $37,726,201 for 1942.£■ , .
and
income
Federal
excess
profits
$6,700,000 ..for
(Includes Fed*- \
for 1943 and
.
£;£
'C;
of estimated additional compensation which
non-operating employees for the period Feb. 1 to
Dec..
to operating employees for the period April 1 to
Dec,: 31,
1943, included in operating expenses: . for November 1943,
$5,289,954; for 11 months ended .Nov. 30, 1943, $10,289,85.4. • (2) EstiNote—(1)
may
'
M.057,825
expenses
™™™™™™™™'
Equip. & jt, facil. rents
Net
,
1943—11 Mos.—1942
$
35,901,260 435,048,435 312,335,984 j
20,576,819 271,881,790 196,845,852 !
*5,800,674(113,260,213 (55,069,659 (
43,046,415
30,586,600
revenues
Railway
|
Lines)
1943—Month—1942
30—
'
Taxes
^
RR.—Earnings—
sources,—™-™™.
notes and
$26,199,877.
be
"^Includes-Federal income and excess profits taxes of
1943 and Federal income taxes of $4,000,000 for 1942,
$151,717), $7,341,615; amount
Dominion of Canada for war
total,
based
will
tax
:
from
$411,346;
taxes
payable,
$214,582;
shares),
par
shares), $251,986;
total, $615,203.—V,
$199,812 for the
$142,994 for ex¬
accounts* receivable (less reserve
receivable by Canadian subsidiary
construction expenditures, $325,893;
inventories,-$8,096,648; investment in capital stock of subsidiary not
consolidated, • $905,444; sundry receivables, • advances, etc., $213,618;
post-war refund of excess profits taxes (including refundable amount
from
Dominion of Canada), estimated, $895,979; other investments,
$13,003; land, $662,399; buildings and equipment (less reserves for
depreciation
of $2,945,857)'.
$3,298,589; emergency facilities (less
reserves for amortization of $944,451), $1,001,900; patents and licenses
(at cost, less amortization), $61,504; prepaid insurance, royalties, etc.,
Assets—Cash, $2,971,939;
of
19,510
'.[■
Fixed
of Thompson
$42,099
39,021
1
$140; accrued taxes, $303; liability
to shareholders of Imperial Royalties Co.
(predecessor) under court
order dated Sept. 17, 1942, $22,805; common stock (series A)
(293,766
first
1941.
The net
(Exclusive
.-
hand
On
against $352,141 in 1942 and
profit for 1942 shown above includes
consolidated Canadian subsidiaries after a charge of
change transactions.
'•:£"
•
' •
(2)
$49,520
39,021
|
Liabilities—Accounts
$1,264,783
295,490
$3,92
Products Co.
months of
$355,686
1,585
funds held in
$1,950;
352,849
2,755»465
451,000
for
Note—(1)
9
168
'
"~2~24Q
and,- in banks, $55,276; accounts receivable,
trust, $22,805; accounts receivable—not current,
$15,014; United States Defense bonds, series F, $25,900; fixed assets
(net), $494,060; prepaid expenses, $198;. total, $615,203.
■
Assets—Cash
$4,823,097.
Federal income taxes was based upon rates
specified in the 1942 Revenue Act, less estimated credit for post-war
refund.
Provisions have been made out of earnings for the 9 months
ended Sept. 30,
1943, for current, and general contingencies in the
respective amounts of $2,040,000 and $450,000.
The provision for
current contingencies is intended to cover possible liability for retro¬
active wage adjustments and possible charges resulting from renego¬
tiation for that period on the basis of information available.
provision
fThe
"~"l96
199
$41,712
.
Balance
'
24,387
prior years.
for
1943.
30,
1,414
'
233
(3,161
-u™
provision for Federal
is estimated no such
Nov.
'■£'
1,185
J___
paid
$76,329
41,036
_1.
L™™™™
™
11,753
;
.
6,675
taxes—™Jl„
income
for
Provision
'
^Excluding
2,693
36,916
A™—
Union Pacific
Net
3,789
$94,176
™™™™.t-™_™'_™:
'
Amortization
$64,576
Cr345,802
"
Shares of
37,551
34,489,
$90,387
.
3,289
Depletion
provision
Develop, and
int. exps.,
for Canadian exchange,
Federal and
$102,128
$124,876
$84,914
Twin State Gas &
2—
income
$81,625
...
85,928
income
Total
.
$8,822,258
$9,951,180
profit—-!-
Operating
31,705,551) 25,827,130
755,701
Selling, admin,
46,390,419
3,402,764
$9,195,479
products sold—
and gen. expenses—
of
•%
*1943
,
*1942 '
1941
$58,988,662 $43,086,792 $30,564,299
i.
——
2,972
£
Trustees of Temple
Inc.—Earnings—
Sept. 30—
9 Mos. Ended
Net
,•
10,177
12,444
£10,649
$115,406
33,781
revenue™™,™™™'™.™™
$88,979
"
ended
$354,979
$106,835
The above figures'include interest at, the rate Of 5'/V on Third Avenue
Railway adjustment income bonds.
' ■'*
'.
h
Effective Oct. 1, 1943, the system icreased the percentage of transport
tation revenue of street railway companies charged for maintenance
of^railroad way and structures and buildings and depreciation reserve
from
15%
to
20%,
After expenditures for such maintenance, the'
Amount credited to depreciation reserve for the month of November,
1943, was $44,373 in excess of November, 1942, and for the period of
five
months $76,898 in excess of the corresponding period for the
income
..
Expired & aband. royalties & leases
Cash
1941
1942
12,920
.
income
Net
:
■"
$101,783
11,864
bonuses—™
Operating 'profit
Other
made
—
1943—Month—1942
Period Ended Nov. 30—
Net
>
£••. '■';: £. j):
1943
income™™
Indian headright
Gross.
and Emery W. Lothrop, Treasurer, have
receivers of the company in a friendly
temporary
appointed
:
$90,623
rentals and
Harlan, President,
Allen
"'•£:;
;v
Operating and general expenses™™
;Vv;' v.
;
£
,
sales
gas
Lease
equity action brought by Charles F. Tillinghast,
corporation, against the company, all this in accord with the over¬
whelming vote of the shareholders favoring liquidation expressed
a
special stockholders' meeting on Nov. 29,
£0.■£.,' :,'££v-£\,
Notice of the receivership has been sent to all the shareholders and
all the creditors and President Harlan in the notice says: "The com¬
expenses
Period End. Nov. 30—
Other
•
Co.,' Providence, R.
Textile Finishing Machinery
Receivership—
J.
£-"
Corp.—Earnings—
Year Ended Nov. 30—
Oil
■'
been
Co.—Promotions—
" ' .-'£•£•:,
1943.
158, p.
Osage
income
Gross
for
par
158,
Timken. Jr.£ Chairman and Vice-President, has been elected
Vice-President, and A. M. Done has been promoted to Vice-
Toklan Royalty
$4,056,828
$418,722
(net)—_
income,
H.
President,—V.
20,461
revenues—
oper.
common
tion
H.
Executive
$4,036,367
44,741
ance
of
Timken Roller Bearing
•
£
a
on
home
provision for current contingencies, $1,673,900; reserve
contingencies, $494,133; capital stock (250 shares, no
earned surplus, $546,779; total, $20,777,608.—V.
2518.
,
$905,444;
1
$5,021,401
landlord
the
accounts payable,
$12,600,000;
to. banks,
payable
payrolls, etc., $2,879,843; payable to U. S. Government in con¬
with renegotiation for 1942 (est.), $251,963; accrued liabilities,
$1,425,546;
p.
$393,709
I 585
Net
Other
It is now
of washing ma¬
is prepared
to
far below the
demand.
■■
...
; .
' \ ■ .
Within
year after the appearance of the Bendix Home Laundry
the market, Messrs. Farny and Percival, Chairman of t^e Board
and President, respectively, of the Telecoin Corp., tor the first tinie
attached a coin device to the Bendix, so that the machine could be
installed in the basement of an apartment house and used by all of
ithe tenants.
The device provides for the use of the machines for a
limited time, by the insertion of a coin. : It also automatically turns
off the machine when the allotted time has run out.
Messrs. Farny
and Percival owned and managed the machines, doing business under
house
reserve
Amort, of ltd.-term inv.
plant was converted into a war plant.
that permission to build a limited .number
granted by WPB in 1944, and the factory
produce its share, which it is anticipated will be
the
™
retire,
Property
.expected
chines
$5,647,402' $7,798,201
1943—Month—1942 :" 1943—12 Mos.—1942:
$14,519,711 $12,454,651
$1,315,303 $1,127,885
5,743,762
5,348,028
495,492
442,929
1,763,854
1,089,806
236,915
124,352
'
63,662
66,344 : 784,273 j:, 773,200
1,200,000
1,200,000
100,000
100,000
6,421
7,250
512
551
taxes '™
taxes
Other
the business), was
Appliances
Home
Liabilities—Notes
trade,
Light Co.—Earnings
Texas Power &
Period Ended Nov. 30—
$27,222.
Laundry'' first appeared on the market in the
fall of 1938.
The public soon realized that the Bendix was not just
another washing machine but was destined to revolutionize the wash¬
day
property, plant, and equip,-
^nent owned by Defense Plant Corp. and leased to the company under
an
agreement of lease dated Jan, 20, 1941, and amendments thereto)
at cost, $558,000; deferred charges, $315,151; total, $20,777,608.
•< <
value).
expenses—
for the women
fixed assets (not including
assets, $305,259;
450,007
,
$1,282,225
$543,147
revenues—™
Enthusiastic users spread
not deducted
general
Operating
wash day a
$5,116,759; United States Treasury notes, tax series
from Federal taxes on income), $2,217,642; ac¬
counts receivable
(assigned), $4,354,762; inventories, $7,910,035; other
Assets—Cash,
(amount
2197.
p.
Operating
made
r •
J
Co.), Sept. 30, 1913
(Thompson Aircraft Products
Sheet
Balance
,
3,937,309
depreciationand amortization for the period
including adjustment of prior year's, provisions.
for
to $202,106;
amounted
$9,148,918 $11,352,729
; 146,025
43,849
3,355,491
3,510,679
3,181
317,422
surplus at Sept.
I
39,504,942
—-$502,380
...
44,3.99
1
546,779
—™
1, 1943-,
30, 1943
surplus at. Jan.
Note—Provision
7,577,658
$1,602,828
3,945
™™
profit
Net
Earned
$8,564,329 $10,902,722
584,589
:
accordance, with agreements covering royalties
management, $653,759; interest expense, $365,745;.
sundry other, deductions, $96,7,13; amortization of emergency facilities for prior year, $73,387
Federal income taxes and contingencies, est. ;• provision for
1943, $4,003,400 (less adjust, for prior year of $66,091)—
in
nection
business for the
installation ex¬
penses and all other charges (but before income taxes, which in its
as
an
unincorporated business applied not to it but to the
Bendix
36,974,363
17,666,250
$43,944,631
™™_
—
expenses,
-Earned
$64,065,"433 $46,253,099
26,646,831
180,809
—
'——
and
•
.
41,857
Fixed charges
net income of the predecessor unincorporated
months ended Sept. 30, 1943, after depreciation,
the
'
$1,560,971
296,702
deductions
taThed
ing machine industry.
and it did not take long
•
56,945
„
nine
individual owners of
The "Bendix Home
■.
1943—11 Mos.—1942
Dr 2,025
income 1
Total
Miscell.
'
$843,794
income
Other
41,508,261
10,414,848
4,459,606
$786,849
income-
oper.
ry.
(.
$5,064,567)™ $43,763,822
products sold, $37,913,976; general and administra¬
$401,362; charges of Thompson 'Products.
of
tive
$9,424,820 $12,028,610
835,868
1,145,661
- Br24,623
Crl9,773
77,716
(net Br)
facil. rentals
;•!
rentals
Net
Cost
h-> Inc.,
$1,665,165
102,585
Br1,609
$866,590
oper.' income
Railway
Equip,
—,
accruals™
$4,141,134
1,170,744
697,072
$26,199,877.
\
Co.
_—'—
income
Total
'■
™
Railway—Earnings—
expenses
tax
■
_
Texas & Pacific
150 Broadway, New
Registrar, Registrar
City, N. J,
121,146,705
railway—
oper.
"Period End. Nov. 30—
«
15
and
Transfer Co., Jersey
from
Net
convertible pre¬
stock
agentf, United States Corporation Co.,
Exchange Place, Jersey City, N., J.
Transfer
and
Net
$5,471,730
1,617,600
3,507,839 v." 970,703
railway--,— ' 61,461,618
from
Gross
and 40,000 shares common
share).
(par 10 cents per
York
Offered—Kobbe,
oper.
ry.
5,727,169
.5,664,294
1,679,508
for
reserve
Sept. 30, 1913
Earnings for (> Months Ended
(includ, sales to affil. companies of
Net sales
1940
1941
.
income
From January 1—
offering in units of
and two shares of common at $5
unit 20,000 shares
per
~
,
from railway™™™
Net
Net
New York, are
share of preferred
one
City-^-Stocks
N. Y.
Corp.,
Telecoin
from
Gross
accumulations had been
157, p. 2355.
Gearhart & Co., Inc.,
1943
railway-™.. $11,482,013 $10,544,574
November—
Thompson Aircraft Products
Other income
1942.
$1,160,474;
other
earned surplus, $7,538,813; total,
capita) Surplus, $91,415;
the
11 Broad St., New York, ,N. Y.—' '
' " '
c ;
llR.- —Earnings—
Orleans
Texas & New
year.
and for the last half of the same
of 75 cents on account of
preferred stock on April 1, 1943.—V.
1943,
of
distribution
A
made
'
V.
have declared two
directors
months
trustee,
City of New York, successor
156, p. 1871.
'
''
Corp.—Pays Accruals—
dividend of 25 cents each on the
50-cent cum. conv. preferred A stock, no par value, both payable Jan. 1
to holders of record Dec. 21'.
These cover dividends for the first six
Taylorcraft Aviation
The
debt,'$2,'-
$470,294; long-term
contingencies,
insurance reserves, $181,935;'$5
cumulative convertible prior preference capital stock (25,660 no par
shares), $2,566,000; common stock (298,419 no par shares), $3,086,770;
'principal
15. No extra was
of record Jan.
646.
reserves
for general
workmen's compensation and
700,000;
has called for redemption as of March 1, 1944, through
the sinking fund, a total of $17,000 of its purchase money first lien
6%
sinking fund gold bonds dated Sept. 1, 1920, at the
amount of said bonds and accrued interest (at the rate of 41/2l7t> per
annum).
Payment will be made at the Chase National Bank of
The company
share and the Regular quarterly
declared on the common stock,
of $7,544,.700),
taxes
Federal income
of
Distribution—
Co.—Extra
Called—
Consolidated Coal Co.—Bonds
Tennessee
Sun Ray Drug
Proportion
be allowed to
31,,1943, and
taxes thereon, included'in Railway
November 1943, $288,688; for 11 months ended Nov.
—V. 158, p. 2368.
'
•
' '
'mated
payroll
Union
■
Electric Co. of Mo.—Damage
tax" accruals:: for
30,-1943, $601,V88;
: ; £ .
'
'
Suit Filed—
Vice-President of the company, filed suit in ?
Circuit Court at St, Louis Dec. 23, seeking $1,200,000 damages from ?
the company and the North American Co., of which it is a subsidiary. \
In
another
suit, Mr. Funk asked $700,000 damages from North
American
Co.
and two Union Electric officials, William McClellan,
board Chairman, and John Woodbridge, Vice-President.
Both petitions asserted that. Mr. Funk's reputation had been dam- I
aged in accounting suits in which Union Electric alleged that he had
Oscar
Funk,
former
Volume 159
been
party
a
bursement
what
in
of
funds
Mr.-Funk's
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
the
for
contended
company
divestment
two
:
unauthorized dis¬
was
entered
orders
this
with
connection
political purposes.
against
it
action,
generally were similar, to three filedi last month
by-Frank J. Boehm, former Executive Vice-President of Union Electric, "
who asked damages of $24,500,000 from the company, North American
Co. and other defendants.—V. 158, p. 2088.
ment—1943 Brings
A
Big Post-War Develop¬
New Records—
.,'
r
.
United's
On Absolute Priorities In Assets
1943
conditions
accounted
The
1943
were
1942.
.
21,900,000,
'
..
with December
/
■
tribute
estimated,
addition
19,866,400
of
65
with
cities
total
a
metropolitan
population
1
balance
the
and
An
amended
later
of
the
to
to holders of
services
8.8%
Southern
their
stock
stock
be
dissolution
the
Arthur
attorney,
common
Railways
of
to
not
are
G.
distributed,
(United Power)
California.
total
of
assets
Power
dollars
million
Included
assets
for
would
development
expenditures
be
Also
Jones and
Gerald A.
158,
given
immediately, after the war,
fleet of four-engined, 40-'to-50
given
a
United
which
the
and
senger-cargo
in
Five
of
Government
the
in
the end of 1943.
12 Mos. Ended—
Subsidiary
Int.
and
had
been
"f.
.
Income
$
;—84,124,405
„:
earnings#————
securities
from
divs.,
etc.
Int. & divs.
held
by public,
404,852
21,086,168
etc.
Income from
!
.
held
returned
by public, etc.—
6,728,650
.
:
Contingent upon effective registration under the Securities Act of
and the making of an offer by the company, holders of common
:stock of record Dec. 29, shall have the right to' subscribe on or before
Jan. 10, 1944, -for 4W/c cumulative preferred stock (par $100), to the
100 shares of common stock held.*
The sub¬
scription price is to be determined shortly before the offering is made.
Effective
Dec,
the
1943,
24,
capital
stock
($5
of
par)
Air,
United
Lines
Transport Corp. was designated on the New York Stock Ex¬
change list as United Air lines, Inc., common stock ($10 par).
The 105,032 shares of 4V2 % cumulative preferred stock ($100 par,
convertible
prior to 1954) and additional shares of common stock
issuable upon conversion of preferred stock, has been authorized for
listing
the New York Stock Exchange.—V.
on
United Cigar-Whelan Stores
dividend
A
of $1.25
of
accumulations
of
record
Nov.
Jan.
18,
share
last,
A
while
made.
was
the
account
158, p.
$5
147,448
declared
was
distribution
July
on
18,
1943„
15,
at
as
on
Dec.
payable
was
by
888,570
income "_
28
Feb.
made
issue
continuously'since 1937, the No. 2 furnace which suspended
been producing approximately 24,000 tons of pig iron
month, mostly for shipment to the finishing mills of other companies
working on war orders, Lessening of orders for pig Iron brought about
the Dec. 23 shutdown, said the announcement, further adding;
a
"While out of operation,
made,
at
"The
vice,
of
United
Inc.
will
lee
use
from
another subsidiary,
market.—V,
United
itself
and
United
Louisiana
divest
to
of
all
interests
proceeds from the
the
sale
to purchase its
1,58,>p. 2198.V-;
of
the
approximately
offered
amounted-to
1864.
30, men employed on No. 2 furnace have been
positions, and the company stressed, that the shutting
other
.
the stack will not result in
of
Pipe
Mills
other
and
employees,
new
both
the
' ,y •/
Cost
the
is
common
owned
Howell has
D.
the
of
Gross profit
Selling and
Profit
Other
from sales
sale
the
been
by
Ice
and
United
Ser¬
shares
Ice
Co.,
bonds in the open
will
of
New
Corp.
of
of
the
addi¬
acute."
very
Assistant
Delcware,
which
is
Jersey:—V.
service
a
158,
to
the
newly
a
Treasurer
subsidiary
2623.
p.
Less
amt,
(& Subs.)
of
the
•
.
-Earnings—
1943—Month—1942
$1,660,035
revenues——
1943—12 Mos.—1942
$1,482,018 $18,958,287 $16,722,167
impounded
rate
Balance
Federal
$1,482,018 $18,803,349 $16,722,167
757,644
——
679,456
8,114,492
,239,812
185,552
*2,387,605
,045,637
127,020
—
defer,
124,955
1,613,187
,666,520
maint.
:
_______
&
——
*57,697
expenses-
for
Depre.
154,938
_
$1,526,631
—
taxes
Prov.
,
133,404
case—
taxes
25,000
275,000
retire.
prop,
reserve
:
136,500
1,290,680
,281,870
inv.
of ltd.-term
114,325
150
150
1,800
1,800
$444,795
$355,405
'
Nc4 operr revenues
Other
income
(net)_
5,310
$5,120,585
$4,486,528'
12,638 "
6,984
365
$450,105
income'
$355,770
inc. after int. Chgs.
applic.
^Includes
tax
accruals
of
of
and unpaid to
dividends/ amounting
share
$3,314,347
$5,788,920
2,623,377
3,651,108
$690,970
$2,137,811
303,857
466,144
$1,671,668
2,044
1,697
$727,374
$388,810
$1,671,853
76,695
32,188
8,786
107,000
85,000
Nov.
to
$6 pfd. stock,
on
1312,300
123,000
6,009
13,116
$174,079
$142,613
1943,
prior
1943,
$7
on
July
2518.
1,
on
and
adjustment
tDividends accumu¬
to
$8,523,805.
pfd.
stock
1943.
Latest
$1.50
and
Dividends
on
a
these
1943—12 Mos.—1942
$212,104
expenses—
Federal taxes
$171,076
$2,381,440
$1,784,249
155,561
140,184
1,699,701
1,497,799
2,829
144,325
44,828
6,151
90,428
73,488
13,473
—
'
7,772
—
Prop, retire. reserve-
8,800
Net oper. revenues—
Rent from lease of plant
96,800
$26,498
$21,912
$360,186
$168,134
31,258
.
31,258
345,823
458,139
income
Other
1,704,761
month
representing
years,
amounted
share
a
current
1943—Month—1942
revenues
taxes
30,
for
Traction Co.—Earnings-
Operating
490,000
tax____A__—7,300
conversion——
'■
50,000
30,
$1.75
paid
cumulative.—V.-158, p.
are
Other
Nov.
were
Period End. Nov. 30—
400,000
>186
...
ended
1,763,670
1,704,761
$104,000
over-provision in
$4,493,512
2,464,900
for period,—
approximately
lated
$5,133,223
134,862 '
223,906
to pfd. stk.
credit
Operating
$387*113
______—
Steel
Utah Power & Light Co.
1941
346,297
income
in
for
need
Vice-President, Secretary and
as
corporation,
Utah Light &
1942
$725,329
operations—
States
continue
Delaware
Steel/Corp.
stocks
• -•„
administrative exps.—_
from
the
continues
appointed to the position
United
Period End. Nov. 30—
tDiv.
notes
of
Alabama
$1,071,626
^
where
women*
effective Jan. 1, 1944.
Howell
Mr.
of
Gross
Louisiana
in
$5,424,721
14,353,095
____________
sales
and
men
New Executive Position Created—
M.
President
Specialties Co.—Earnings—
discounts
of
curtailment of production
a
departments,
.
series A 6%
own
the stack will be re-lined and other repairs
other
it will be ready to resume production when
plant are closed down for scheduled re-linings.
that
so
furnaces
in
on
payment of $5 pey
1943, after taking .into
$25 per share.
1,
orders
$490,000 fof'12 months
to holders
1
this
on
Co.,
order
and
account
on
Tube
; The;SEC granted Dec. 22 conditional approval to a plan of the cor¬
poration and subsidiary companies to comply with the Commission's
for
Closes
a subsidiary,
on Dec. 23 closed down one
operating at its Lorain, Ohio, works, in the
cut-back at this plant, resulting from a decline
for pig iron, it is officially announced.
Operated
Net
.
Co.
,■
operations had
6,865,445
United Public Utilities Corp.—Divestment—
♦
Corp,- -National Tube
five blast furnaces
the
2,842,806
public., etc.-
Years Ended Aug. 31—1943
Gross sales, less returns, allowances
.
initial
an
Nov.
payment,
1943,
2623.
p.
39,752
9,708,250
5,335,188
held
Steel
lirstimajor production
•
Corp.*—$1.25 Dividend—
preferred stock,
similar
Arrearages
Nov.
f
—V.
the
on
17.
share
per
158,
9,668,499
"Balance of
consolidated, net^ income applicable^..to
stock of United Light and 'Railways Co., all of which
United Light and Power Co.—V. 158, p. 1181.
,»
1933,
*
States
National
The
of
Amort,
"Net
,
extent of 7 shares for each
United
7,065,516
8,076,310
_/•
..
•
1, 1943.—V. 158, p. 1864.
Other
securities
"
One Furnace—
1,667,312
& Rys.:
on
charges except domestic and foreign Federal
provision for reserves for depreciation, depletion
16,734,015
,
Common Stock—Rights to Subscribe—
;
.
Nov.
8,473,691
divs., etc. sources
divs.
$6.54
all
and
reserve
&
■
,
$2.13
declared an extra dividend of 25 cents per share
regular quarterly dividend of 25 cent3 per share on the com-'
stock, no par value, both payable Feb. 1 to holders of record
Jan.'15. Similar payments were made on Feb. 1, May 1, Aug. 2 and
15,066,702
8,223,759
Int.
com.
directors have
Operating
—
United Light
of
;
the
and
Operating
a /
shares
„
23,540,393
7,874,701
of
loads
85,374,814
1,593,494
Balance
\r
528,765
1,501,333
$3,458,408
mon,
23,135,540
sources
securities
on
1,501,333
U. S. Industrial Chemicals, Inc.—Extra Dividend—The
—Utah
re¬
1,619,289
$4,959,741
$1,124,053
on
deducting
income
on
$9,159,586
2,580,856
.
provision was 'made for excess profits taxes for either
period, it being believed that none will be required,—V. 158, p. 1286.
108,510,356
20,662,294
on
requirements—w
30
1942
$2,625,386
....
amortization.
and
$
104,786,699
14,804,960
said, will be assigned to United's coast-tocivilian and military passenger, mail and
reached all-time* liighs. * Three other Douglas DC-3's
to United; by the - -Army "'early iri^November.
'
where
dividend
After
taxes
Sept. 30, '43 Dec. 31,'42
Cos.:
——_
Subsidiary.Holding and Investment Cos.:
being assigned to help handle peak war-time pastraffic/ it is announced by J. A. Herlihy, Vice-President
.
*
tional
J
•
-
Returned—
Planes
Subs.)—Earnings—
are
hare
express
were
the U. S. Circuit Court
as
13,211,466
DC-3 planes which United Air Lines leased to
military use in 1942 have been returned to the
for
j
423,874
divs.
regular
a
$5,746,185
on
...
share
outstanding
stock
United
net
establishing
as
1,569,317
Balance
in
income
Total
15
on
1,551,482
.
.-Net .earnings;
,
July
the 11 Months Ended Nov.
income.
created post,
Other
considered
deprec., depletion & amortization.
for
Preferred
Com¬
$28,482,745.
■//"
Operating
Operating expenses
pla/hes, Mr. Herlihy
route
coast
company in dissolution under
as
Dougles DC-3's
1942
' -v
of operations.
charge
The
the
to
over
Douglas
Government
company
*
turned
More Leased
more
service.
Cargoliner
the company by
Two
Two
whereas
$60,000,000
The
United Light & Rys. Co. (&
Operating revenues
be
to
earnings
Lorain
of its expansion program,
coast.-to-coast
turned to
'*
at
dividends.
2368.
,
new
set
are
accumulated
purposes
for
not
——
Net
in
company
$72,000,000,
as
stock
in
McLaughlin* "sitting
p.
is
Consolidated Earnings for
earnings
*
and foreign Federal taxes
Reserves
down
United in 1943 acquired the
;controiling stock of Lineas Aereas Mineras-S. A., an airline operating
through the central part of Mexico,
:/.x
Other highlights of United's year included the'reduction of passenger
rates by approximately 10';f, to an average of 5:1 cents per mile, and
a
lowering of air express rates of approximately 12%.
At the same
time, the company accepted substantially lower payments from the
Post Office Department for the transportation of air mail.
:
w-In the .year,: United
inaugurated service into Washington, D. C.,
thereby- directly linking the nationah capital with other points along
its system; resumed service between Los Angeles, and San Diego which
had
been
temporarily
discontinued due to war i conditions;
added
Eugene, Oregon, as a stop on its Pacific Coast system, and inaugurated,
a
the
"
A.
15.
declared
just
'.«
thereby to share in the distribution of assets.
,of Appeals.—V.
and April
dividend
rate."
Domestic
United
appellants alaim there Is no such distinction and that the
principle of "absolute priorities" shauld prevailhereas in
previous cases.
^
'
The arguiherit is being heard by Judges John Biggs, 'Jr., Charles
"
$1;
"the
United
The
;
service.
part
as
entitled
are
,
financing plan to raise approximately
new
a
Gross
approved
;
250-mile-an-hour airplanes which would reduce travel times
United's system approximately one-fourth, making possible 12-hour
over
of
of
of the
any
mission order does not fall into the same category as companies being
liquidated under the Bankruptcy Act, and that common stockholders
passenger,
'coast-to-coast
is
investment
holders
the
are
$38,700,000
The position of the SEC is that a
through the sale of preferred stock.
Mr. Patterson- has
that the company is prepared to spend between 18 and 20
announced
stock
and
15,
that
common.
sufficient to meet the requirements
■■■•'
United
investment
that
receive
requirements of holders of preferred
stock
common
of
;•
recently undertook
$10,000,000
of
_
part of its broad program for development in the post-war period,
United
holders
to
since
not
are
Logan,
entitled
preferred stockholders.
The
the
in
-
As
the
to
appeal from the decree was taken by Otis & Co., onwners of 10
of United Railways preferred.
It is contended by Otis & Co.,
Power's
burgh, Columbus, Cincinnati, Indianapolis, Milwaukee and St. Louis)
and would establish a direct transcontinental service into Los Angeles
and
stock
Jan.
each.
announced
1943
*
ratio
common.
shares
through
stock;
common
cents
also
Note—No
of 94.52% to holders of preferred
That plan was approved by the SEC
and a decree was entered by Judge Leany in the U. S. District Court
in Wilmington, Del., last August.
approximately 8,475 route miles
to the
company's
system.
If granted, the applications would extend United's
to such important cities as Boston, Montreal, Ottawa, Pitts¬
present
75
common
dividend
on
of divestment United Power proposed to dis¬
Railways stock in the ratio of 91.2% to the preferred
United
was
and 5.48%
as
antl
Commission
the
of
plan
,
the
15,
company
Earnings per
dissolution order
a
/
original
stockholders
This
:V-
'
■
the
Light
the
In
i
against 22,100,203
'
i,
During 1943, United moved to extend its passenger-mail-express ser¬
vices to numerous new cities in areas adjacent or tributary to 'its
transcontinental and Pacific Coast System.
Applications which the
company now has cn file with the Civil Aeronautics Board call
for
in
appeal
stockholders.
mon
highs
all-time
United's
for
Challenge of
& Power Co.
The company proposed to liquidate its
chief subsidiary,
United Light & Railways Co.,
by distribution of
the latter company's stock among United Power's preferred and com¬
miles,
passenger
The
the
on
Oct.
and
any
result.
arises from
precedent may
.United
11,030,000 mail tonr-miles and
3,941,000 express ton-miles during the year, Mr. Patterson said. These
figures are with December traffic estimated.
They compare with 1942's
actual totals of 290,273,780 revenue passenger miles, 6,827,977 mail
ton-miles and 3,679,393 express ton-miles.
Revenue airplane miles for
revenue
tributions
.
regularly scheduled operations, with December figures estimated,_
the company recorded gains of approximately 23%
in revenue pas¬
senger miles flown, 6IVa% in mail ton-miles and 7% in express ton-,
miles as compared with 1942, according to the review.
•••
1
•
United's traffic records were established despite the operation Of a
substantially reduced fleet of airplanes as compared with the first
half of 1942.
It was in May and June
of 1942 that the company
turned over approximately half its: airplanes to the Government for
military use.
As a consequence, revenue airplane miles flown by the
company in 1943 showed a drop of 9%,under those flown in 1942.
357,000,000
Distribution—Rights of
Federal court of appeal, the U. S. Circuit
Court of Appeals at Philadelphia is hearing argument on whether or
not the principle of "absolute priorities" shall prevail in distribution
of
assets-of
corporations dissolved by order of the SEC.
A legal
and
Abnormal1 war—time
time in
the first
For
In
of
In
com¬
SEC's United Light Order—
task
was
two-told—the
transportation of essential
military traffic on its regularly scheduled flights and
the performance of numerous military contract activities.
.
of
Court Hears Argument
—
Preferred and Common Stocks the Issue in
■>
outstanding accomplishments was recorded by this cor¬
poration in 1943, both from the standpoint of war-time, operations
and preparations for a broad post-war development, it was declared
in an annual review by W. A. Patterson, President.
'
■
•
*
civilian
number
a
Estimated
of
year
that
the SEC.
by
company
.
United Light & Power Co.
United Air Lines, Inc.—-Plans
the
stated
was
panies included in the ordei's. have already been disposed of and
negotiations are now being carried on for disposal of some of the
others.—V, 158, p. 2297.
suits
51
37
;
;
United Engineering & Foundry Co.—Renegotiation—
.
The
the
that
renegotiation of
Dec.
31,
104,998
1942.
to
The
This
with
compares
1773.
158, p.
Gross
»
Federal
Gas
State
income
Prov.
for
Net
Delaware Power &
The
Feb.
stock
of
Light Co. Common—
called
act
Public
change
o.
of
shares
basis
on
present
No
Issued
for
a
••
in
Action
"annual
A
on
of
a
shares
stock
the
of
a
23,252,000,
share
of
be
new
converted
will
scrip
be
stock
in
issued,
twentieth
for
of
fractional
.'The
the
will
conversion
a
be
bearer
taken
presently
share
of
as
a
will
fix
into
each
there
form,
new
share
will
common
exchangable
scrip for
by stockholders at
the
stock
common
28.
of
Briefly
stock
of
Delaware
Power
dates
for
distribution
cash
or
*
the
be
similar
Dec.
of
Assets—Cash,
approximately
March
be made
16
and
physical
the.latter part
.
of
S.
Circuit
Court
of
Appeals
for
51,000
Govt,
defense
other
or
84 cents
liability
Sheet,
had
was
Aug. 31,
series
was
share,
a
as
that
$187,000,
previously
responsible for
reserve
patents
charges, $37,474;
(U. S.
$11,820;
deferred
bonds,
$55,000;
accounts
payable,
$215,158;
liability for refunds due to-U.^S. Government departments, $153,067; ac¬
crued Federal income and excess profit tax
(less U. S. tax savings
notes,
series C,
and interest thereon, $220,550),
$278,556;
accrued
State income tax, $7,000; other accrued taxes, $42,-058;
sundry accrued
conversion
Surplus,
expense,
$893,980;
$100,000;
earned
stock
common
surplus,
$954,311;
($1
reserve
for
post-war
par), $170,000;
total,
capital
$3,251,641.—V.
158,
;
1773.
p.
mortgage bond,, net, $295,000;
Delawa're
distribution
of
the
Third
decision
of
upholding
& Ohio
become
to
Vulcan
is
United
States
Smelting,
Refining & Mining Co.—To
Common Dividend — Earnings for First
Pay Smaller
Eleven Months—
per
the
directors
common
share
record
on
Dec.
on
President
stock,
the
31.
22
and
preferred
During
declared
a
dividend
of
50
cents
per
share
the usual
stock,
1943,
quarterly dividend of 87 V2 cents
both payable Jan, 15 to holders of
the .company
made
of
effective Jan.
of
Superintendent of
Co., on Dec. 29
succeeds
the
1,
was
motive
hamed
for
power
President of the
Holder, who resigned on Sept.
Wickwire
Spencer Steel
Co,
The
Perry
announced
was
Benjamin
by
the Empire
Ordnance Corporation,
affiliated.—V. 151, p, 717,
Dowd,
S,
York, with which
New
'
.
Earnings—
November-
Gross
'Net
from
Net
,
1943
the following
dis-
$3,974,374
1,479,191
1,213,119
income—-
901,774
1,410,346
87,549,507
71,631,364
52,303,767
railway—2^1
37,393,974
28,717,329
16,443,824';
10,778,172
8,799,971
oper.
from
from
Net
ry.
—V.
,1940
$4,657,395
3.404,315
oper/ income!—
ry.
158,
rail^a^I'—
p.
887,726:
'651,785
1—'
.From January
Gross
1941
$7,533,091
3,323,413
railway——
railway
1942
$7,998,037
from
41,901,980
9,976,566
9,052,292 ""
3,680,780
2519.
Walnut Electric & Gas Corp.—Dissolution—
Securities
The
of
transactions
and
Exchange
leading
to
Commission
dissolution
of
approved Dec, 29
corporation, a
the
a
series
holding
company.
Walnut would sell
($10
Co.
par)
The
to the
held
note
be
by
rent.
and
Upon
plans
the
a
Electric
subsidiary, the Oklahoma Electric
Public
$500,000 6%
devoted
International
plu*
to
a
Southwestern
Service
demand
for
and
to payment of
Utilities
aocmed
Walnut
Electric's
Co.,
a
as
Corp.,
interest.
direct
liquidating
$516,933.
The
17,500 shares
that company.—V.
a
$37,984
of
Walnut
The'
parent,
promissory
Electrid's
in¬
remainder would
General Water,
the
dividend.
acquisition of Oklahoma Electric,
to liquidate
Co,
note
stock.
common
distributed
Gas
its holdings In
proceeds would be
direct
Dec.
former
RR.
He
securities consist of
on
the
Circuit
McSweeney,
Works.
appointment,
President
& Water
Power
Delaware
,J.
Iron
Net
total* $3,251,641,
Liabilities—Mortgage
liabilities, $87,517;
Edmund
Vulcan
for doubtful
G),
$8,962),
been made for unpaid interest on the 6%
payable if, as, and when earned, amounting to
from Jan. 1, 1934 to Dec. 31, 1942.—V. 158,
change.
inventories, $791,207; investment
(less reserves for amortization,
*2,050
has
note,
Wabash RR.
(less
$626,273
80,735
the period
15
informed
about
$50,000;. post-war refund of Federal
excess
profits tax, (est,), $35,756; real estate, plants and equipment
(less reserves'for depreciation and amortization of $679,473), $1,078,-
438;
provision
demand
the Baltimore
fAfter deduct¬
15)43
$412,045; accounts receivable
bonds,
been
charges
$696,046
1,465
2518/
301,545
of May.
Not To Appeal Divestment Orders—
'.The board decided the company would not appeal
U.
tax
receivables of $1,734), $834,901;
The
the
and
instead of $142,613,
Revision of Federal
Balance
following
Power stock will
taxes
$53,1.70
6,472
Vulcan Iron Works, Wilkes-Barre, Pa.—New President
405
stockholders
1943,
15,
after
$57,756
—
charges-
.\Ti
Note—No
income
;
♦
action by stockholders at the meeting Feb. 29.
It is anticipated the stock will be distributed to stockholders of record
common
January
income
net
$1.10 a share,
or
UGI
that each share of capital stock of
partial distribution of capital one-
shares,
directors
stock
provides
plan
receive
for
but
in combination with other
represented thereby.
meeting to be held May 1, 1941.
plan covering the distribution of
Power was
approved by the Commission
will
Note—On
SEC
<
stock
new
supplemental
UGI
the
34.000
depreciation and amortization of $312,087.
ing estimated post-war refund of $34,700.
revised
-
■■
'
reference
authorized
of
Delewnre
summarized,
with
with
1935
.
of
one "year
full
declaration
Act of
35.000,000 shares
thereof. non-voting
lieu
of
-■
shares
period of
a
number
the
shares,
one-tenth
of
stock...
fractional
filing
stock
int.
"Deficit.
$759,951
,'...>
stock-—
after
$2,944,799 for
tlncludes
reported.
into 3,500,000 shares of par value of $13.50 each;
ino par)
the,,outstanding
■
the
authorized
f
income
Gross
Bal.
p.
income
Class B
a
Utility Holding Company
also,, that
of
•
special meeting of stockholders for
distribution of company's holdings in
Power & Light Co, as part of its liquida¬
Delaware
conversion
or
capital stock
In
the
on
tax_——____
post-war
Common
Feb.
"•
also
board
the
Meeting
Distribution of Holdings
on
program.
The
under
to
to
1944,
common
tion
have
-directors
29,
Act
tax
profits
excess
A__
—
Cash dividends paid:
Improvement Co.—Special
to
charges
income
Federal
,
United
29—Stockholders
income
Miscellaneous
preferred dividends to $3.02 a com¬
$3.71 per common share previously
equal after
for 1942.—V.
reported
an
contract has been completed to and including
effect is to reduce 1942 net profit from $3,-
war
net
$2,539,112,
share.
mon
that
the
and
company
Agreement has been reached between
renegotiation agency, which, in effect, means
reports
company
157,
Southwestern
p. 824,
Public Service
f1';
Sept. 30—
Gross income !
Operating
$2,678,655
2,414,089
75,000
25,000
$4,044,563
$6,493,423
5,179,494
»!——-—.
taxes—;,
495,000
75,000
720,000
for Fed.
$388,906
$518,929
$396,425
$164,566
$6.95
$9.27
$7.09
$2.94
"
3,443,144
75,000
130,000
,
profit—U—
Earnings
stock—,—:
Earnings for November and Year to Date,
'Total
U.
securities—
8.
25,263
against acceptances-—
Deferred charges
U.
S.
War' bonds
employees purCotton
25,263
1,186,890
286,182
Cash & accounts
521,126
57,005
63,162
refund
Federal post-war
$2,796,700
523,692
324,629
720,732
Surplus
521,126
303,938.
deductions
'
:
474,692-
Total
Provision
Period End'. Nov. 30—
(& Sub.)—Earnings4,921,792
1,349,885
1,207,282
90,920
90,188
1,096,409
'4,065,000
934,980
$2,789,248
934,980
1,128,040
! 1,128,040
revenues-
$412,129
$321,715
$4,121,613
3,185
1,986
52,288
38,908
oper.
income
-
_
dividends—.,-,—
.i—!!———.
$547,476
10,383,573
inter.
after
income
.
Earned
surplus
Divs.
—V.
158.
-
of
shares
2519.
p.
.
„
common
$1.86
as
15.
Jan.
the years
for
and
U.
$1,068,125
;
!
.
Fed.
bef.
5,647,060
Government
securities
-
segregated
323,271
1940
income.——
27,975
Dr21,713
dividend——-
Common
outstdg;
($1.25
288,055
.
stock,v..=•:-■
Shares- of common
interest
Officers'
and
First
,
;
•
Balance
115,721
$638,854
Vt
:!
334,521
'■
Assets—
•\
410,016
$0.22
Capital
Liabilities—-v -V-v-,v-
liabilities
Ourrent
18,330
17,232
$2,522,563
tConvertible
$1,083,687
preferred stock
Capital
441,278
1
i!
26,582
Dr53,161
$2,682 335
Total
in 1943 and 32,685 shares in 1942.—V. 157, p.
Year End.
Net
Aug. 28,'43
!,■
:
sgles of cloth & yarn
Cost
of
sell,
sold
goods
and
and ;
admin,
Aug. 29,'42
Aug. 30/41
49,077,222
44,733,914
26,568,648
19,870,445
Oper. prof, of mills div.
Oper. profit, other divs.
$7,397,454
i-' $8,575,429
$6,441,500
$2,632,024
393,309
273,984
218,454
285,104
207,973
111,075/
$8,047,879
$9,057,385
$6,771,029
$2,964,153
5,613,500
5,738,750
3,372,504
576,620
Other
income
charges)
159,545
(less oth.
i—
—
Total
profit—v-l.-----;
Estimated provision for
172,583
'
Fed." and
Prov.
•
for
State
taxes
.850,000
$1,313,635
::.UL—_!r!-■
2,000,000
r'fi' •'
i-:
$1,584,379
_Ne{; pyofit for year—
PreViou$J surplus-—
11,297,617
contingencies-
..
and
depreciation
gLess reserve
3
of 50
payable
stock,
April
1,
credits L*
Miscellaneous
i,
f
i
-
.
!
:
—
$2,387,533
10,805,883 > 9",5^9,358
8,182,825
'
472,396.
•
'.
-
■
,
-
contingencies
Dividends
paid
j
-
.
——
———
in: cash
i
1,200.000
1,299,297
1,296,000
235,000
-
972,000
756,000
ad¬
prior year
justment (net)
Sundry
5,437
.
"
———
'
\
•.
f(Revised.
"
,
The' directors
account
ry.
:
Telephone & Telegraph
Bonds—
!:-V;
^
.!!
cap.
stk.
Earnings
per
(par $20)
share—
Condensed
Assets—Cash.
B
and
accounts
C,
360,000
$2,410,286;
$648,040;
receivable,
other
U.
S.
U,
$4,170,066;
$9,579,358
360,000
360,000
$3.66
$9.44
$6.63
Balance
Sheet,
Aug.
28,
1913
Treasury Tax Savings Notes, Series
S, Government securities,
$4731000;
merchandise inventories, $7,243,514;
$795,351; insurance premiums on deposit with mutual com¬
$92,121; deposits for income and social security taxes and the
purchase of war bond? (employees), $126,826; estimated post-war re¬
funds of excess profits .taxes, $490,634; investments (at cost), $573,750;'
supplies,
panies,
.
-/ '.'.j".
Co.—V.
158,
2623,
p.
2519.
1943
40#
than
more
in
1943
..
the
same
■
1942
■
'
•
1941
1940
v
$2,006,219
$1,788,923
' $1,360,6174
'•853,586
588,849
351,018
263,466
270,811
281,443
279,944
24,362,065
22,166,719
19,512,855
9.798.159
8,738,819
7,169.118
15,664,705
5,319,819
3,551,555
3,129,378
3,700,922
4,074,774
income.—
oper.
from
Net
:
-
Securities Co.—Accrued Dividend
of
declared
recently
accumulations
on
a
dividend:;.dft ($1.50
"v)
r fO
and
road
Western
capital
The
share on
stock, par
ry.
—V.
railway—
railway
income--
oper.
158,
-i:;;; 'J.
2519.;•
p.
.
■•(•'.>:'■ y^!y! V':■;.)(:
White Rock Mineral Springs Co.—30-Cent Dividend
;
Dec. 30, last, paid a dividend of 30 cents per share
The company on
on
the
with
cents
holders of record Dec. 27. This compares
Dec. 30, 1942, and on July 3, 1941.—V.,. 158,
stock,
common
3.0
'p.; 1079.
paid
to
on
,
4;'
4;
■;•
Willamina & Grand Ronde Ry.—Control—
ICC
The
Lumber
Dec.
on
Co.
of
the
:!•
Period End. Nov.30—
Net
expenses
railway
Net
Hire
103,963
■
11,610
100,625
$297,442
Drl7,123
(Dr)_
rents
oper.
ry.
income,
Other
$409,676
$484,017
facil.
"(■
incomenet (Cr)
.
-
$441,581
2,201
$7,009,491
1,604,3001,155,007
.
$6,233,182
955,239
1,032,095
;
$4,185,847.
$4,250,184
Drl5,776
29,748
$3,929,646
3,677
47,164
Dr278,837
Cr567
321,106
$251,919
-
-25,313
^
1943—11 Mos.—1942
$1,470,464 $19,944.858~$18,186,134
1,060,787 12J35.367 11,952,953
.79,880
.
—
;
$6677,861
revenues
equipment—
of
Net
1,201,869'
taxes—
after
Joint
$1,869,730
——
Taxes, Federal income..
Other taxes
1943—Month—1942
,
!ui——
revenues
(Total
•'•:•;■
y.^
Central Railway Co;—Earnings—
Wisconsin
Total
the acquisition by the Long-Bell
by the Long-Bell Lumber
road,, through, ownership of capital stock.—;
authorized
14
through, that corporation,
and,
control of
V, 146, p. 612.
Corp.,
Similar payments
at
Oct.
2,
1943
Acquire Road—
Consolidation Coal Co. on Dec,!23 announced jointly
Ry. had applied to the' Interstate Commerce
authority to buy from the Co61 company the entire
Pennsylvania RR.
was fncorporated in 1850 and
stock of Cumberland &
Cumberland
&
329,229
.
$3,577,782
29,727
•••
stock
has
been
,
Cumberland, Md.,
W. Va.
to Piedmont,
,
Reduces Debt—
This company,
dispatches from Baltimore, Md., state, reduced its
funded'debt in 1943" by $2,908,000 and fixed charges by about $104,000.
f. i
charges
.
V.
$443,782
10,642
charges
—
after
Net
$3,976,810^^3.607.509
chgs.
fixed
being paid
$255,595
13.289.J ! (Vl22;53^i W* 154,074
;rT,--r,":
)?(."" TU fft'^ 3TT>T—"—"*
currently
of
defense
$433,140
$242,308'P#,6Ui2{71«'^8|453f434
Road
——:
2,629
—
Equipment——
28,356
Road
•8,568^.":
27,153
21,749
—V.
prop,
158,
p.
ij,'*.
'i'-r.
.
.!■'.
projects-
deprec.—
2519.
:
28,394
21,784
"312.065
1 '• 255.713
265,322
_
•
.
.
•
Pennsylvania RR.
held by Consolidated Coal since 1864, no sales of,
the stock having been made since then.
The stock consists of 15,000
shares of $100 par value.
Total assets of the company at the end
of
1942 were $3,810,845.
The road operates 49 miles of line from
the
fixed
Fixed
for
(Includes amortization
Maryland
for
available
Income
UU'J
oou \
Western Maryland Ry.—Seeks to,:
Commission
per
the 6# .cumulative ;preferred
amounted to $35 per share.—V,. 157..<py ill92i
This
360,000
$3.60
Consolidated
-
war-needed equipment by this company
amounted
to
$628,972,156 in net
of
of
from
Net
operates; in
payable Jan. 1 to holders of recprd Dec; f'2o;.
made in preceding quarters! ';!"ATreariiges''ks
$100,
Were
that
Slis.
,
•
From January 1—
Gross
-!••>
which
;■
railway—$1,795,107
railway
533.293
from
Net
;;!.
v,!
company,
.
Surplus, unapprop-— $11,580,559 $11,297,617 $10,805,883
26,
Dec. 28
on
from
Net
a
Western Insurance
Tota| surplus-—v—— $12,881,996 $12,596,914 ^1^,9^7,883 $10,570,358
- •' •'■•!".: »ua -.;
"
Surplus'.'reserved
for '.! •'•:
i
holders
to
TJTvj
$3,398,525
'
share
per
1944,
Vti hiv'~:
-
cents
holders of record Dec. 20.
30 and Sept. 30,; last, as
to
June
A similar distribution, declared on Aug:
President,
Williams,
American
Gross
Oakland, Portland and Tacoma,
proposes to issue new special preferred stock for the present 1% pre¬
ferred, on. which $12.33 a share in.dividends has accumulated.
It pro¬
poses alsp to create a new 6% cumulative convertible preferred;
Hold:; ers of the new special preferred would have the options of exchanging
special preferred shares, which would be subordinate to the new 6#
cumulative preferred, into that new preferred at the rate of iy2 new
; shares for each special preferred share held; or into one share of new
4 6# preferred and one share of common for each share held.
The plans contemplate authorization of 200,000 shares of new $1 par
common in place of 65,000 shares of nt) par common.
Exchange for
the present 62,788 shares of common outstanding would be made share
for share, with the remainder used to care for conversion and option
exchanges.—V. 158, p. 2397.
.*!
!;■ '"■ ■■■
;
The
$56,774,675 $53,314,343 $33,010,148 $22,502,470
!-■
exps.
preferred
November—.
company
approval.
Aug. 31,'40
:.
158,672
Wheeling & Lake Erie Ry.- -Earnings—"
$76,384
in 1942 and
depletion of
of $1,473,031
plan now goes to the California Corporation Commissioner. , It is hoped
that the reorganization of capital structure to clear the way for divi¬
dends can be effected by late January, if the Commissioner grants-
/
-—52 Weeks-—53 Weeks
.
for
reserves
receivable of
$154,318
Holders
Consolidated Statement of Income and Surplus,
Period—
fLess
of
reserve
(Western Department Stores Corp., Oakland, Calif.—
Approve Plan—
.
,
^ :
Tb^-recapitalization plan has been approved by stockholders and the
2356.
(Including Dixie Cotton Mills, wholly owned Subsidiary)
,
1943.
accounts
and
(Less
1943.
I".
shares
West Point Mfg. Co.—Earnings—
,</
dividend
a
Jan.
made on
were
22, 1944.
•
$2,522,563
(Represented by 27,842
"Represented by shares of $1.25 par.
in
in
proposed stock, plus a dividend adjustment of 37 Vfe cents a share.
.
H^rriman Ripley & Co., Inc., of New York, were named as the
principal underwriters. Others are to be named by amendment.
The" proceeds received from sales of shares not exchanged will be
used tb redeem the unexchanged outstanding shares.—V. 158, p. 2397.
767,943
v-737,215
uL
$68,335,174 $66,460,493
—
doubtful notes
for
$76,349
filed Dec. 21 with the Securities and Exchange Comregistration statement covering 155,830 shares of 4 Vu #
preferred stock ($100 par).
The purpose of the issue is
to effect
the retirement by exchange or redemption of the
155,830
shares
of preferred stock outstanding.
The company will offer to
holders of this stock the right to exchange it, share for share, for the
441,248
f- Drl22,517
surplus.^!-——v—
the
on
months
cumulative
512,520.
30,182
Treasury, stock
(no par)
The
•mission
$827,431
512,520
-I..*-—.
'Common, stock
Earned .surplus
132,376
10,383,573
Registers With SEC—
'-i.
■
—
-
and
$148,317
175,041
27,831,405
132,376
in 1942 and $1,052,503 in 1943.
16,616
15,421
.....
charges and prepaid expenses
310,560
297,426
,
15,583,000
11,067,708
reserve
1942
500,000
500,000
15,583,000
27,831,405
$40,737,621 in 1942 and $44,400,812 in 1943.
$2,682,335
Deferred
'Less
.
! 100,000,, .100,000
planiw.
(par $100)——
44,000
153,257
Property not used in business...
assets (less depreciation
Fixed
5,598,000
surplus
^
$2,267,960
105,100
assets
4,439,283
N, Y. State self-insurance
Total
in
,1942
,391,942"
Current, assets
233,745
6,110,118
,4,618,000
taxes
surplus
Earned
233,745;
15—
income
Common
'
Gther
for
for
325,357
bonds..i^_^_!.__.i..^..i;u,.r.—
inventory -adjustments...^,.!.!.^.
Federal
cumulative preferred stock
stock (no par)—i
6%
V
"V'
•;
290,404
324,236
liabilities—
1
1943
69,975
290,404
profit-sharing bonus!.
mortgage
Reserves
Oct. 31
Sheet,
declared
8
payable
stock,
March
approximately
2,173,674
57,725
.
preferred stock, payable Nov.
on
for
Reserve
.
410,016
$0.62
;
586,357,
;v
for the firsts
sales billed,period in 1942, it was
reported on Dec. 29 by A. W. Robertson, Chairman,
Despite this increased production rate, he pointed out, the company's
backlog of unfilled orders continues to be ever a billion dollars, if all
the plants owned by Westinghouse or operated by the company for
the Navy are included.
■":■•
Unfilled orders in Westinghouse-owned plants at the end of Nov.-'
amounted to $964,066,471, a little higher than a year ago.-:
Disclosing that Government terminations and cut-backs of war con¬
tracts with Westinghouse have amounted' to approximately $250,000,000
since the first of the year, Mr. Robertson said;
"These terminations have reflected the favorable progress of the
war for the United Nations."
As emphasis has shifted from productionof defensive to offensive weapons, it has been necessary to slow or
halt production on a number of articles and take on the manufacture
of new types of equipment. . In most cases we have been able to make'
the change over without disrupting production or laying off employees."With approximately 117,000; people now employed, the Westinghouse
payroll has reached almost a million dollars a day,
The total payroll
in
November,
1943, was $28,770,528,
compared with $21,087,992 in
November, 1942.—V. 158, p. 2519. - ; :
11
183,074
;
'After provision for
.
Dec.
on
distributions
Production
,
594,232
352,093
•
bonds
on
employees'
Other, accrued
depreciation, amortization, and selling, shipping
and, other expenses,
flncludes $801,000 in 1943 and $497,000 in 1942
(less post-war refund credit of $80,000 for 1943 and $9,000 for 1942)
and $84,655 in 1941 for excess profits tax.
.'
1,731,396 y
867,595y
Westinghouse Electric & Mfg. Co.—Record Output—
572,431
.
$1,134,364
payable 'LL-i.-.-—
payrolls
Accrued
Reserve
410,016,;:
$0.63
381,807
$0.67
par).
Earnings per share..
1,675,87.7
.
'
Liabilities—
$126,504
33,565
82,003
$288,380
31,613
V205,008.,
2,097,219
income—' 613,125
common
N.
See
$68,335,174 $66,460,493
$287,301
29,000
102,504-"
V..
$285,303
-
dividend.—.,.
3,932,615
-
guaranteed by^ Western Upion.'
4,000,000 :L;/viL-i:
237,232
667,592
32,748,561
36,438,562
-
and
Dividend
Net
Preferred
25,839
2,230,050
■
May Acquire Teletyfye^ Facilities of Telephone Co.—
.
451
is
for
improvement.-:
plant
Accrued
78.6,000
taxes..-.—...L
.income
35,129
106,450 ".V
4,892,030
47,588
.
announced that this company
will purchase on representation at its office, 60 Hudson Street, New
York
City, Northwestern Telegraph Co. bonds at par and accrued
interest to
Jan.
1, 1944, the date of maturity of the bonds, after1
which interest will cease.; The issue amounts to $1,500,000, of which
Western Union owned $1,340,000.
Payment of principal and interest
9,497,619
385,028
~J?-_——
plant-_._^.-!____-.a.i.:-Hw^^^.
Prepaid insurance, taxes,-etc.-—626,261
Deferred logging operations
Unamortized bond discount and expense
134,224
Loans to employees,
113,532
§Notes and accounts receivable, not current.—
841,320
t
Federal
for
51,242
y•re!■ ."'."1v
railway—!..
share
A.
•
tProvicion
1940
$171,643
65,515
railway..:
record
dep. with trustee for redemp. of bonds
345,771
I
—. -—i. 1:—.:: ^'
689,182
on
tProperty
$900,112'
$491,052 ;; $154,543
!'■'!%''".Ir
612,811
; 202,672 *
- 28,039
,
1941
$226,541
216,656
last, is payable on Jan, 3 to holders of record Dec, 20.—V. 158, p. 1079.
4,461,502
7,360,995
1,000,000
6*583,789
receivable
contractors
t Investments
,'
•
$1,071,303
taxes
income
1942
$423,974
•
Western Union Telegraph Co.—Pays
i?%4,364
—
—'
'-
•
1943
174,216
directors
the
of
902,432
$6,988,674
2,003,000
2,000,280
^ 203,623'
-
wood
to
Accounts
income
Net
846,123
158, p. 2623.-
per
$2,05
i *■1 ;r»y j;-,
$176,255
D?58,952
income, less other
:
938,079
•,•
$464,889
:
111942
1943
iv
accounts
and
S.
Cash
$100,
$490,601
$959,064
3,177
income.
oper.
Other
v'; deductions
1941
1942
1943
tOn
$7,615,087
securities
deferred
share
31
Jan.
on
securities
Government
'Notes
Went worth Mfg. Co.—Earnings—
Years Ended Oct. 31—
'Net
85.433
85,280
.
y-y##;!
against $1 on Sept. 30, -1942, 50 cents on June 30, 1942, and $2 on
Sept.' -30, 1941.,;!; !;: •- ;;•*■ ■.;f -:'":!•
The directors also declared the regular quarterly dividend of $1.25
'' <•»■*•<
Sheet, Oct. 31
Balance
hand—:
Treasury notes (taxes Series B)
S.
U.
banks
Marketable
to holders of record
for the second half of 1931
1932,; 1933 and 1934.—V.v 158, p. 1079.,
soon as practicable after
This payment covers arrears
payable
1942.
.r'
and
U. S.
Dividend—.
accumulations
of
account
3,074,579
$3,623,542
Western Tablet & Stationery Co.—Dividends—
47,967
)'i "
•
Lf'6
;
in
Inventories :
29 announced a dividend of $24.50 per
on the 7 V/
preferred stock, par
The, directors on Dec.
136,659 ;';
post-war refund1 of $35,500 in
stock outstanding; ^Revised.
Consolidated
"•
r
Webster-Eisenlohr, Inc.—$24.50 Preferred
on
3,015,215
$4,481,098
:
'
Advances
/
282,336
$431,821
'
Ry. of Alabama—Earnings-
oper,
The
$11,067,708 $10,3.83,573-.
_
Assets—
2,373,333
622,518
,
V:V
(Cr).
securities
——
'Less-estimated
■«
.
3,286,664
622,518
V
342,285 > : 248,631
applicable to pref. stock for period.——;
charges'
ry.
on
$10,931,049 $10,335,606
marketable
of
tEarnings per common share!.
$3,225,492
$4,173,901
$323,701
$415",314
Gross income
Net
.
$6,698,121
railway.-—
from
from
.
'4v,
9,209,378
Cash
:V-
Net
$726,228
at beginning of year—:-,
surplus
$3,186,584
(net)'.—
Net
Other
dividends
—-—1* r
1,088,011
reserve
Gross
Total
1.248,556
1,123,519
retire,
projects.
Net; ry. oper. income—_
From January 1—■■■'■:
and
4,900,000
Adjustment
5,259,314
127,489
80,954
.y
from
Similar
409,488
Prop,
$7,496,313
'
103,212
90,928
—
Federal. income
$2,610,496
Common
$8,102,277
$9,227,286
.408,647
taxes
352,840
taxes—-
profits
Preferred
Federal
taxes
183,610
$714,157
railway——
from
Gross
Net
Operating expenses
Other
$6,514,511
274,305
258,365
158, p. 2298.
November—
$8,535,207
1,680,959
$7,863,336
income for year-—
Net
'180,388
1943—Month—1942
1943—12 Mos.—1942
$1,105,836 $1,029,834 $12,696,981 $11,905,984
"
revenues
$7,222,008
.
944,815
$7,208,605.' $8,256,541
654,731
278,666
„
estimated
for
excess
.
2,796,700
226,675
defense
ox
-v.
2.569,053
-V-■*
.
\—
——
income
Balance
Washington Water Power Co.
Operating
.
2,786,182
deductions
Earned
r
347,988
Drl61,819
''
$335,827
income—
$6,328,342
375,803
Drl68,447
$/01,134
/ lo,023
.
16,869
charges---,-
1'!' Net
Net
1855.
p.
income
Other
34,970
$9,071,268
157,
$604,192
Western
operations——--.
Income from
3
1,739,951
1,811,022
2,796,700
503,717
■
-V.
~
1,231,585
$14,009,464 $15,770,599
4,014,677
4,000,190
profit, on sales—
Income"
1,785,184
—
'Deficit
income-———.
-Gross
.
Depreciation .and depl. (incl. amort, in 1942)—
Sell., admin. & gen. exps. (incl, bonus in 1941)
Provision for bad and doubtful accounts:—
,
Total
$587,323
ry., oper,
Other
w—!-—$53,715,051 $52,814,029
sold (before charges for deprecia' v
'
'■■■
depletion)-——.—--—::—
—
39,705,587 37,043,430
v
.Drl5,293
incomeincome-'——A—..
Net
1943
*1942
$54.701,199 $54,045,614
freight^ allowances, etc.-,#—986,148
find
tion
19,495
post-war refund,——
surplus
17,497,444'
4,094,000
-
$7,014,652
$645,341
49,002! ,'v; 71,305
Drl5,5l2
'
'
170.684
286,182
—!■—!j—
Fed.
Res." for
Capital
,,
$553,614
income—
rents
(net)—.
Fixed
$5,593,400-
Cotton
Depreciation
Operating
Co. (& Subs.)—Earnings
\'
;.
.
—'-4 -- -
sales
Net
$8,102,277
$2,796,700
354,331
payable
acceptances
V. S. War bonds payroll
>■;
31—
Cost of goods
Gross
$9,227,286
fof- taxes!
Reserve
Discounts,
.
$9,071,268
_
j;"
Capital stock ^.
Notes and .accounts
19,445,796
5,338,000
1,586,943
286,000
•
,336,000,
1
'Includes amortization'
"-'..V-.
Liabilities-—
-U-,-,;——;
Equipment
•
West Virginia Pulp >& Paper
34,970
—
■•!
Total
•
Gross ' sales
19,495
accounts
chase-
.
25,000,
519,687
!—i—•
receivable——- —
Investments
-
..
Years Ended Oct.
$6,181,006
1,008,660
c'U.—
5.263
555,733
303,938
47,676
1,164,994
i;081,371
900,000
—
,
$7,200,000;
V. 157, p, 263.
1041
1Q4.9
$6,247,008
,6,141,137
machinery,* etc..-,-,
Merch., material & stock in process
buildings,
expenses—.
oper.
Taxes
$2,518,284
.
-
* 1943^r-ll Mos'.—1942'- '
$31,702,448 $27,919,786'
1943—Month—1942
$2,621,188
1,731,574
revenues,™
Jt„ facil.!rents
1943
'
Assets—
Land,
for the year will be about $35,000,•
$12,000,000 in 1932 and $19,000,000 "
}
Operating
$4,226; .employers' liability insurance reserve,
contingencies, $4,397,735; common stock (par $20),
consolidated
surplus, $11,580,559; total,
$25,823,940.—
Sept. 30
Sheet,
Balance
with, about
$68,837; reserve for
of
share
per
Capital
that gross revenue
compares
Period End, Nov. 30—
$227,265; accounts payable, $1,585,821; salaries and wages, $180,973; Federal, State and local taxes, $451,608; employees' deposits for
•income
and social
security taxes and the purchase of war bonds,.
1942,
$126,826; deferred credits,
Net
Which
1929.
Government—renegotiation of contracts, fiscal year
S.
Liabilities—U.
estimated
is
000,.
in
$25,823,940.
total,
$6,792,792
5,833,886
75,000
expenses—
Depreciation
Res.
1940
1941
1942
1943
Years End.
It
property, plant and equipment (less reserve for depreciation, $13,263,772),
$8,592,960; prepaid and deferred items, $205,391; goodwill, $1;
Wamsutta Mills- -Earnings—
Monday; January 3, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
52
T^'iWT*'*'Vffr'A'*1 ^n'!f ^ST^'/" 1 ^to*»;*{
,^'Vt-1
;
■,
i
i
•
.
'■
■
i
i
.
,u
t
>
-1
Yale & Towne
Mfg. Co.—Retirement Plan Approved—
have approved a profit-sharing retirement plan
the approval of the Treasury Department) for salaried
earnings more than $3,000 a year. The percentage of net
profits to be set aside for this purpose is not fixed for any one year,
and may range up to 15%
at the discretion of the directors. According
to present tax l°ws.
15# is the maximum percentage deductible for
this purpose before income and excess profits taxes;—V. 158, p. 2198,
The
stockholders
(subject
to
employees
-
V olurae: 159
,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number. 4243
7
53
State:
BOND PROPOSALS AND NEGOTIATIONS
in his office
stated
Alabama
(State of)
,
Revenue Declines Expected
Al¬
though. Finances Are Currently
Sound—It was reported on Dec.
23
by H, G. Dowling,. State Rev¬
Ala¬
Commissioner,r that
enue.
bama's finances are: in good con-;
made
be
the
on or
the
to
entire lot
as a
in
Award will
bidder
dollar
highest
follow:
before the time
hereinabove;
price
in
naming
the
on
$1,000 in 1956, $6 000
1957, $3,000 in 1958, $5,000
1959 and $5,000 in 1960.
30,000 California (State of) High¬
way (registered) 4J/4% bonds.
Dated Sept. 3, 3922. Due July
3, as follows: $20,000 in 1952
and $10,000 in 1953.
89,000 California (State of) High¬
way 4%% bonds. Dated May
3, 1923. Due July 3, as fol¬
lows: $5,000 in 1955, $24,000 in
1956, $26,000 in 1957 and $34,:
000 in 1958..
15,000 California (State of) High¬
way (registered) 414% bonds.
Dated May 3, 1923. Due July
3, as follows: $7,000 in 1956
and $8,000 in 1958.
123,000
California
(State
of)
Highway 4%% bonds. Dated
Oct. 3, 1923. Due July 3, as
follows: $57,000 in 1960, $28,000 in
1961 and $38,000 in
20,000 California (State of) Tenth
Olympiad 4
% bonds. Dated
whole.
Jan.
2, 1929. Due Jan. 2, as
$5,000 in 1956, $10,000 in 1960 and $5,000 in 1963.
8,000 California (State of) Uni¬
versity Buildings 4y2% bonds.
Dated Jan. 5, 1915. Due Jan.
5, as follows: $4,000 in 1958,
$2,000 in 1961, $1,000 in 1964
and $1,000 in 1965.
2,000 Golden Gate Bridge and
Highway District, series B
;!, 43/4 % bonds. Dated July 1,
Delivery of bonds to the suc¬
.
follows
cessful bidder will be made at the
office of the State Treasurer, upon
payment of. the principal amount
substantial revenue
due thereon plus accrued interest
declines may be expected in the
to date of delivery.
next few years.
He commented
The successful bidder shall fur¬
that "All State departments must
nish a full and completely item¬
plan warily for the next few
ized statement of his bid covering
years. The peak of income passed
each issue and maturity offered.
a
year ago, and substantial de¬
clines are now under way or in
The $633,000 bonds held by
the Third San Francisco Seawall
: immediate prospect."
1933. Due July 1, as follows:
;
Noting that gasoline tax re¬ Sinking Fund include the follow¬
$1,000 in 1953 and 1,000 in
ceipts were off about $3,000,000 a ing:
.4.4, 1959.
•year, he said the cut may be much
$33,000 California (State .of) San
8,000 Golden Gate Bridge and
more severe by next summer.
Francisco
Harbor
1962.
■
ImproveHighway District, series C
Full effect upon the State in¬
ment 4% bonds. Datec^ July'2,
11,000 California (State of) HighJ33/4 % bonds.
Dated July. 1,
come tax fund of exemptions due
1911, Due July 2,
1935. Due July .J, as follows:
;
way (registered) 4%% bonds.
Si'H
to increased Federal taxation will
callable by lot.
Dated Oct. 3, 1923. Due July
$7,000 in 1957 and $1,000 in
be felt in the returns of next
1960.
3,; as follows: $6,000 in 1960
98,000 California (State of) San
March 15, according to the Rev¬
and $5,000 in 1961.
Francisco
Harbor
Improve3,000 Los" Angeles County Flood
enue Commissioner, who said "the
ment (registered) 4% bonds.
Control
District
76,000 California (State of) High5% - bonds.
shrinkage may be serious."
Dated July 2, 1911 • Due July
Dated July 1, 1918.
way 4Vc% bonds. Dated May
Due July
/ Mr. Dowling further noted .that
3, 1924. Due July 3, as fol¬
1, 1954.
2, 1985-1951; callable by lot.
-y
privilege and franchise taxes have
lows: $40,000 in 1963, $23,000
30,000 California (State of) High¬
2,000 Los Angeles County Flood
dropped because of the closing of
in 1964 and $13,000 in 1965.
Control District, series 2, 5%
way 4% bonds. Dated July 3,
.many filling stations, stores and
1911. Due July 3, as follows: V
17,000 California (State of) High¬
bonds. Dated July 2, 1924.
other business firms hard hit by
way (registered) 4V2 % bonds.
Due July 2, 1955.
$7,000 in 1955; $5,000 in 1956,
material and manpower shortages.
:
Dated May 3, 1924. Due July
10,000 Metropolitan Water Dis¬
$6,000 in 1957, $11,000 in 1958
"Thirty-five million dollars a
3 1965.
'
and $1,000 in 1961.
trict of Southern California
year of State income," he said,
6,000 California (State of) India
18,000 California (State of) High¬
Colorado River Water Works
"depends upon sales .taxationBasin 4% bonds. Dated Jan.
; refunding
way
(registered) 4% bonds.
% bonds. Dated
gasoline, general sales and tobacco
Dated July 3, 1911. Due July
2, 1911. Due Jan. 2, 1985-1941;
Feb. 1,1938. Due Feb. 1, 1957.
levies.
This is a most unstable
callable by lot.
3, as follows: $1,000 in 1957,
base which will shift instantly
Sealed bids will be accepted
2,000 California (State of) Parks
$17,000 in 1961.
with any change in rationing ma¬
only on the entire lot as a Whole.
3V4% bonds.
Dated Jan. 2,
58,000 California (State of) High- Award will be made to the
terial: supply or labor, status.
bidder
1929. Due Jan. 2, 1957.
way 4%% bonds/ Dated July
"There will be little change 'in
naming the highest dollar price
:
10,000 California (State of) Parks
3, 1917. DUe July 3, as fol¬
ad valorem values,, new construc¬
on. the entire lot as a whole.
The
4% bonds. Dated Jan. 2,1929.
lows: $3,000 in 1955, $23,000
tion
successful bidder* shall furnish a
probably
offsetting. losses
Due Jan. 2, as follows: $9,000
in 1957, $7,000 in 1959, $22,000
from depreciation. County boards
full and completely itemized state¬
in 1956 and $1,000 in 1957.
in 1960 and $3,000 in 1961.
of equalization ywill make special
ment of his bid covering each is¬
123,000.California (State of) Sac¬
5,000 California (State of) High- sue and
effort, to renderfamproved service
maturity offered.
" ^
ramento
State Building 4%
way (registerd) 4V2 % bonds.
in fair-and equitable assessment;
bonds. Dated July 2, 1915. De¬
Dated July 3, 1917. Due July / -The $ 1,947,000. bonds held by
"The
financial. condition : 6f
the Second San Francisco Seawall
nom. $500i
Due July 2, 1965.
3,1960.
//-V';v4v r
county and city governments ; is
5,000 California (State of) Sac52,000 California (State of) High¬ Sinking Fund include the follow¬
generally reported as improving.
ramentO State Building (regisway 41/4% bonds. Dated May ing:
Local Officials are reducing debt
3, 1923. Due July 3, as fol- $238,000 California (State of) San 4:4 tered) 4 % bonds. Dated July
due to the impossibility of start¬
lows: $19.000; in 1955, $7,000
2, 1915,
Denom. $500.
Due
Francisco
Harbor
Imnrovfing needed capital improvements.
: ;
July' 2.;"1965.
.■
in 1956, $14,000 in 1957 and
^ v: ■' ;; :•;; • ■: ■
;
ment .4% bonds. Dated July
At the same time, the cost of all
66,000 California (State of) State
$12,000 in 1958.
2, 1911; Due July 2, 4985-51;
material and personnel for ordi¬
Buildings^ & University Build5,000 California (State of) High¬ %;■ callable by lot. :
nary operation is excessive during
4 ings 4V4 % bonds. Dated Jan.
way (registered) 414% bonds.
200,000 California (State of) San
these war; days."
': 4 -4:
:
Dated May 3, 1923. Due July
Francisco
Harbor > Improve¬
2, 1927. Due Jan. 2, as fol¬
lows: $35,000 in 1961, $30,000
ment (registered) 4% bonds.
3, 1956.
^ARKANSAS
in 1963 and $1,000 in 1965.
Dated July 2, 1911. Due July
71,000 California (State of) High¬
McGehee, Special School District,
110.000
California
(State- of)
way 4%% bonds. Dated Oct,
2, 1985-51; callable by lot.:, <
'■
Ark.
3, 1923. Due July 3, as fol¬
306,000 California (State of) San ; • : State Buildings and UniverBond Call—DeWitt Poe, Dis¬
lows: $38,000 in 1960, $17,000
Francisco
Harbor
Improve¬ 4;: „.sity, Buildings 4^4% bonds.
trict President, is calling for pay¬
Dated Jan, 2, 1927. Due Jan-,
in 1961 and $16,000 in 1962.
ment 4%. bonds.
Dated J-ttlj?
ment at par and accrued interest
follows: $3,000 in 1952,
13,000 California (State of) High¬
2, 1915, Due July 2, 1989455.*;
on Jan. 1, 1944, $5,000 outstanding
callable by lot.
way (registered) 4% % bonds.
«i! m .ht, l$lii;0OO in 1953 and $10,000 in
bonds issued by said district on
Dated Oct. 3, 1923. Due July
1954, $8,000 in 1955, $6,000
62,000 California (State of) San
Oct. 1, 1940, being bonds Nos. 9
Francisco
Harbor
3, as follows: $12,000 in 1960
Imprb'im- rm)*i>^1956, $21,000 in 1957, $33,A
in
«1 !vnnn
in
1 Q?»Q
to 13. The bonds must be present¬
in 1 Q^S
and $1,000 in 1962.
1958, $15,000 in 1959
ment -(registered) 4% boiid^lp
ed for payment with the Jan. 1,
and $3,000 in 1960.
Dated July 2, 1915. Due Julf
50,000 California (State of) High¬
dition,
but
.
•
10,000 California (State of) Vet¬
erans' Welfare 414%
bonds.
Dated April 1, 1932. Due F^v
1,1952.v,•
14,000 United States of America
Treasury 2% bonds of 1951/49.
Dated May 15, 1942. Due Sept.
15, 1951/1949.
h
15,000 United: States of America
Treasury 2% bonds of 1951/49.
Dated July 15, 1942. Due Dec.
15, 1951/1949.
>'v■
■
<
.
.
.
■
,
Sealed bids will be accepted on
as a whole. Award
the entire lot
will be made to the bidder
naming
the highest dollar price on the en¬
tire lot as
bidder
a
whole. The successful
shall
furnish
a
full
and
completely itemized statement of
his bid covering each issue and
maturity offered.
:;
1
,
Golden Gate Bridge and Highway
District (P. O. San Francisco), Cal.
Bridge Tolls Greater This Fis¬
•
^
cal
Year—Sixth annual report of
of the Golden Gate
operations
Bridge and Highway District lists
the gross earnings of the
bridge
at $2,579,981.91 for the fiscal
year
of
July, 1942, to June, 1943, com¬
pared with $2,292,945.10 for the
previous year.
\
;
This is a $287,036.81 increase,
due, to industrial
effort' traf¬
war
,
r,
..
•
fic and
the
of the bridge; by
use
Marinship workers,' according to
E. Rickets, general man¬
James
;
ager.
,
The upward revision of the toll
Structure which became effective
just
prior to gasoline rationing,
coupled with the increase in traf¬
fic, enabled the bridge to record
revenue
increase
the
half
last
of
18%
the
of
Rickets added.
.
year,
4
:
COLORADO
ryh'
L
.
.
a
during
fiscal
Colorado
(State of)
J
Suggests Proposal to Retire Debt
in
Advance
of Maturity
Date—A
J
-
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'
plan to
Colorado about $40,1935
refunding bond issue by using
part of the State's 5-million-dollar
surplus to pay off the bonded in¬
save
000 in -interest charges on a
i
s
?
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.
••
.
.
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•
all
and
subsequent
coupons
"
at¬
way' 41/2%
tached,' to the Simmons National
Bank, Pine - Bluff, on and after
call date.
/
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San
California
Francisco
(State of)
Fund
Bond
Of¬
3
fering—It is announced by Charles
G.
will accept
11
(PWT), on Jan. 12, at his
Capitol at Sac¬
ramento, fifdn the 1 purchase
of
$663,000 par value bonds held by
6,000 California (State of) Parks
1929.
Third,j%pe ;Frahcisco Seawall
'
Additional Offering—Mr, John¬
time and
place, sealed bids for the
purchase of $1,947,000 par value
bonds held by the Second San
.Francisco Seawall Sinking Fund,
created by Chapter 320, California
Sealed
on
bids
will
be
the entire lot
as
the
envelope, addressed to Charles
Johnson, Treasurer of the
State of .California, State Capitol,
Sacramento, Calif., and must be
G.
Dated
Jan.
2,
,
' V
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<.■:/
.
1955
in
and
27,000 California (State of) University Buildings 4V2% bpnds.
$5,000 in 1955, $7,000 in 1956.
$10,000 in 1957, $12,000 in 1958,
$7,000 in 1959, $14,000 in I960
and $32,000 in 1961.
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Dated Jan.: 5; 1915. Due Jan.
5. as follows: $1,000 in 1953,
,
2%
interest for
a
saving of
one-
half million dollars. 4
James A.
Noonan, State Budget
and
Efficiency
Commissioner,
termed the proposal "good busi¬
ness practice," but said there were
obstacles.
of
"I believe it may
the Legislature
require
to
an act
authorize
of the surplus funds for that
purpose," Noonan said. He indi¬
cated Iiigby may request the Gov¬
use
to obtain
a formal opinion
Attorney General.
Further
complicating the ad¬
vance payment, which is due in
yearly instalments of $247?000 un¬
ernor
on
it from the
.
Due July 3,
lows:
$13,000 in 1963 and
$11,000 in 1964.
20,000 California (State of) State
,
BjA 1 d i
n g s and University
uildmgs4y2% bonds. Daled
Due Jan. 2,
"as
as
1,000 California (State df)4(Vetin 1951, $13,- ,erans'
Welfare
4%
bonds.
inu.1952. $2,000 in 1953,
Dated June 1, 1931. Due Feb.
$1,000 in 1955, $19,000 in 1957,
; T, 1952.
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;-Vi£$2BI600.J id 1959, $18,000 in
8,000 California (State of) Vet¬
4: ...I960, $17,000 in 1961 and $3,-
'H >io-u®04;od0
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2, 1927.
$2,000
$5,000 in 1963.
„•
Legislature under which a
$2,956,000 balance due on an orig¬
inal highway department debt of
5 million dollars was refunded at
•
10,000 California (State of) Sac¬
ramento State Building (reg-J
istered)
4%
bonds.
Dated
July 2, 1915.
Denomination
$500. Due July 2, 1965.
24,000 California (State of) State
Buildings & University Buildings 4%% bonds. Dated Jan.
2, 1927. Due Jan. 2, as fol¬
Jan.
follows:
'
Higby is author of the 1935 act
*
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000
'
.
*
.
>
accepted
a: whole.
Bids must be submitted by letter
and appropriately identified on
only
1965.
.
same
Statutes of 1909.
bonds.
Due Jan. 2, 1956.
64,000 California (State of) Sac¬
ramento State Building
4%
bonds.
Dated July 2,
1915.
Denom. $500.
Due July 2,
Sinking Fund, (created by Chapter
602, California- Statutes of 1913.
will also receive at the
4V4%
•
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Higby,
of the
;
$2,000 in 1957, $1,000 in 1958.
$6,000 in 1961, $15,000 in 1963
10,000 California (State.of) Highand $2,000 in 1964,
til June 1, 1947, is the btQja'Cefts/ way' (registered) 4%
bonds.
Dated July 3, 1911. Due July
tribution of the bonds.
4 mi
5,000 San Francisco, City, and
The original issue was sold by
3, 1961.
County of, Sewer 5%; bonds.
,1Q3,000..,* California
(State
Dated July 1, 1908. Dup July the State to Harris Trusf.''<S!i,,Sayr
of) V
a's.r ^Highway 4 V2 % bonds. Dated
ings Co. of Chicago* the./.Chase
1, 1951.
- '4
Due Jan. 2, 1957.
office in the. State
son
y
1965.
4% bonds. Dated Jan. 2, 1929.
sealed bids up to
a. m.
the
121.000
4,000 California (State of) Parks
Johnson, State Treasurer, that
he
7,600 California (State of) Tenth
Olympiad 4 V2 % bonds. Dated
Jan? 2, JJ929. Due Jan. 2, as
2,,1989-55; callable by lot, 4
'California
(State
of)
Highway 4% bonds. Dated
July 3, 1911. Due July 3, as
follows: $14,000 in 1952, $13,000 in 1953, $7,000 in .1954,
3,1924. Due July 3, as follows:
$14,000 in 1963, $19,000 in
;;
1964 and $17,000 in 1965.
19,000 California (State of ) High¬
way (registered) 4V2% bonds.
Dated May 3, 1924. Due July
CALIFORNIA
-
bonds. Dated May
debtedness before its due date in
1947v was made early in December
by Acting Governor William1 E.
000 in
1962.
6,000 California (State of) High¬
way (registered) 41/2 % bonds^
Dated July 3, 1917. Due July
3, as follows: $1,000 in 1951
.
and $5,000 in 1961.
73,000 California (State of) High¬
41/4% bonds. Dated Sept.
3, 1922. Due July 3, as fol¬
lows: $7,000 in 1951, $35,000 in
1952, $15,000 in 1953 and $16,way
000 in 1954.
erans'
Welfare
4%
Dated Oct. 1, 1931.
.1,
bonds.
Due Feb.
1952.
(State of) Vet¬
Welfare
Dated Feb.
4y4%
1, 1931.
bonds.
Due Feb.
Investment, Co.,,
Denver, Noonan said. -They,in
pri¬
turn sold the coupon bonds to
vate investors in small lots.
Noonan indicated the consent of
each bondholder
probably would
have to be obtained/and said this
Welfare
Dated Dec, 1,
require much paper work,
with;a possible result that many
individual bondholders Would pre¬
fer to hold their bonds and receive
the interest.
1, 1952*,=
54,000 California (State of) Vet¬
erans'
the J, K. Mullen
of
would
4,000 California
erans'
National Bank of New York and
4V2%
bonds.
Higby
said
retirement
of
the
debt would not financially injure
the State, but would
assist in
1931. Due Feb.
1, as follows: $48,000 in 1952 building back a surplus in
of the present 5 million.
and $6,000 in 1953.
excess
MM
Jan.
On
FLORIDA
Palatka, Fla.
Refunding Bids Accepted—City
Commission
is
said
ceived
to
refund
bids
in
re¬
$1,155,000
at
bonds
municipal
meeting.
have
to
recent
a
1, 1943, the city
faced
$7,145,000.„ It
totaling
maturities
of these ob¬
redeemed $6,595,000
ligations from current cash and
sold a $550,000 issue of five-year
1V4% bonds to the city sinking
fund to obtain the balance nec¬
of
breach
for
the- taxes
with
contract
Midlands firm, if any
change were
made in the bond issue now. Com¬
missioner A. P. Lauman,
last
o"
-
The
however,
said he regarded the contract as
Board
take
of
Commissioners
Adrian
Note
Corporation
directed
night
Counsel
9.'%/.://///'■
tentative until Jan.
MAINE
property; acquired at tax
v '-'r\
on
sales,
H.
Terrell
Auburn, Me.
Offering
—
Radcliffe
G
City Manager, will
Mitchell,
to
re¬
ceive sealed bids until 5 p. m. on
appeal from the decision
Joe L. Price, in
which it was held the City must
an
Jan.
3, for the purchase
$425,000 temporary loan.
of Circuit Judge
INDIANA
1944^
Monday, January 3,
FINANCIAL CHRONICLE
THE COMMERCIAL &
54
of
a,;
Dated'
Jan. 3, 1944. Denom. $25,000. Due
essary for the redemptions.
; v ■
1
pay the taxes.
the old financing pro¬
Indianapolis, Ind.
Mr. Upham also pointed out in
Dec.. 4, 1944.
Issued in anticipa-;
The
Warrant Offering—Roy E. Hick¬
question
involved
is tion of taxes for the
the city was obligated to his report that the city now has
year-1944.
whether the1 property bought by
man, City Controller, will receive
pay 4% interest on the bonds to
Payable at the Merchants National..
$75,000,000 fewer bonds outstand¬
1947, and 5% per annum there¬ ing than it had in the peak year sealed bids until 11-a. m. (CWT), the City aL-tax -sales becomes Bank of Boston. The notes will be
after.
The
refunding
program of 1931 when there were $140,- on Jan. 10, for the purchase of public property used - for public certified as to
genuineness by said
calls for the exchange and re¬
$1,020,000 not. to exceed 6% tem¬ purposes. Judge Price ruled that bank under advice of
Ropes, Gray,
500,000 of bonds outstanding. As
porary loan warrants, divided as it does not, as the City merely
demption of this debt by bond of Jan. 1, 1944, the city will have
Best, Coolidge & Rugg, of Boston.^
iollows: ;' /v ■J'. ■'?
issue of equal amount with inter* a total of
":/•' v; holds it until it can find a pur¬ Delivery will be made in Boston*;
approximately $65,500,chaser.
est
rates
at
3%
to 3V2%
per 000 of bonds out.
'
$750,000 general fund. Issued for
for Boston funds.
No telephone
annum, The Commission accepted
LOUISIANA
The
general purposes of the city,
bids will be accepted.
$7,160,000
of
maturing
//%/■..
• '<
a bid for refunding its indebted¬
bonds to be redeemed Jan. 1 in¬
payable from the current rev- Vermilion
Parish,
Bayou
Tigre
MASSACHUSETTS
ness
from a syndicate composed
; enues and taxes levied for the
clude
$5,210,000 of various 4%
:■»
Drainage District (P.O. Erath),
of Shields & Co., the Clyde C.
general fund of the city.
\ /?///// La. /; / /// '■/■/•;
obligations, $1,250,000 of a 3%
:
Boston, Mass.
Pierce Corp., and Leedy, Wheeler refunding issue dated Jan..l, 1938,
Note Sale—A $2,000,000 tempo¬
125,000 Board of Health, Issued
Bond
Offering—R. E. Golden,
& Co.
and $700,000 of 1%% securities.
;
for the use of the Board, of Secretary, Board of Commission¬ rary loan was offered for sale on
Health for general Board of
The city also plans to call for
Pasco County (P. O. Dade City),
ers/will receive sealed bids until Dec. 28 and was awarded to a;
Health • purposes;
payable 2 p. m. on Jan. 11, for the pur¬ syndicate, composed of the Chase f
redemption on Jan. 1 about $300,- ;
Fla.
••//•••..
v.from
the
current
revenues
National Bank, Salomon Bros. &
Bond Sale—The $107,500 bonds 000 of its outstanding 3% refund¬
chase of $5,000 not to exceed 4%
|
and taxes levied for the genoffered for sale on Dec. 27—v. ing bonds, which originally be¬
public improvement bonds. Dated Hutzler, and R. W. Pressprich & !
came
callable Jan.: 1, 1942.
eral Board of Health pur¬ March 15, 1944. Denom. $500. Due Co., all of New York, at 0.48%,
158, p. 2624—were awarded to the
poses.
• ]//■/
Ranson-Davidson Co., of Orlando,
////:////>,.y; $500 from March 15, 1947 to 1956. plus a premium of $27.00. Dated*;:
Cook County (P. O. Chicago), III.
100,000 Firemen's pension fund. Interest payable '; M-S.< The ap¬ Dec. 31, 1943. Due on Oct. 2, 1944.
at a price of 100.75, a net interest
Consummation of Funding Op¬
Issued for the use of the Trus¬
cost of about 3.38%, divided as
proving opinion of B. A. Camp¬ Other bidders' were: Halsey, Stu-'
eration Seen—Of interest in mu¬
tees
of
the
Firemen's Penfollows:
bell, of New Orleans, will be fur- art & Co., at 0.48%, plus a pre-?
//://;//:;V .'v'/'b'v///'!/;'
nicipal circles was the announce¬
v
sion Fund
mium of $11.00; First Boston Corp.",
pf the city for fire
$32,000 3*4% Board of Public In¬ ment by county officials on Dec.
and Chemical Bank & Trust Co./
pension
purposes,
> payable
A certified check for $250, pay¬
struction
bonds.
Denomina¬ 24 that the governmental unit
New York, jointly, at 0.53%./
:v
from the current
revenues able to the district, is required.
tion $1,000. Due on Jan. 1, as would be able to consummate its
f
and taxes levied for the fire¬
follows:
$3,000 in 1947? to $8,346,000 funding operation. The
men's pension fund/;;////: -J A;
MICHIGAN '
1951, $4,000 in 1952 and 1953, county awarded a bond issue of
25,000 school health fund. Issued
Michigan' (State of)
*
$1,000 in 1955 and $4,000 in that amount to Seipp, Princell &
Under
gram
,
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1956
for. the
1957.
and
Special Tax School
25,000 3V4%
District No. 7 bonds. Denomi¬
nation
1949 inclu¬
to
1945
in
sive.-
•
50,500 3y2% Special Tax School
Denom¬
District No. 7 bonds.
and $500. Due
inations $1,000
$5,000
in
1950, $6,000 in 1951 to
1954, $3,500 in 1955, $2,000 in
1957, $7,000 in 1958 and 1959
and $2,000 in 1960.
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Jan.
on
1, as follows:
officials indicated that
the New York law firm of Reed,
County
GEORGIA
Fund bonds to Midland. Securities
Fulton County (P. O. Atlanta), Ga.
Debt
Free
Status
Reported—
Atlanta
The
"Constitution"
.
carried
of
the
following
news item of, interest to munici¬
pal circles:
Fulton County will begin the
new year free of debt, according
to County Auditor Jgmes L. Respess. He said that the plan to pay
up
an
accumulation of deficits,
which in 1934 amounted to $1,790,000, had reached a successful
21
Dec.
Co.
of Chicago,
158, p. 2520—the following sub¬
development is quoted
from the East St. Louis "Journal"
of Dec. 15:
'■ -
Council
meeting today,
The East St. Louis City
.
conclusion.
;
This plan, inaugurated by Com¬
Ed.
L.
Almand, was
held
without
an
agreement with At¬
of
bankers
01;
representa¬
bonding house present
to submit bids on the city issu¬
tives
of bonds
to create a cash working fund and
eliminate the annual issuance of
worth
$400,000 worth of tax anticipation
warrants that draw 4% interest.
English declared
Commissioner
last
that
week
if
anyone'? would
the Council session to-*
lanta bankers in 1938 and resulted
appear at
in
premium for The
bonds, they-could have the busi¬
ness, despite the Council having
passed an ordinance giving the
business to the Midlands Securi¬
substantial
a
terest
reduction
in
in¬
rat^s on warrants and tax
anticipation
now,
notes.' The ' county
said the Commissioner, can
borrow
on
the
instead
of
having
first
the
of
year
to
wait until
March 10, and the county will not
have to
issue
either warrants
•V
Authorized
balling for
—
issue of $56,000 gag revenue refunding bonds.
"
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an
-
,
City
of
B.
Upham,
in his annual
made public on Dec. 27,
announced
are
Robert
Comptroller,
report
on
that
sufficient
funds
hand to pay the $7,160,000
of
St.
bonding
Louis
issue should have attracted a
did the research work
company
ness.
outstanding city bonds which
City
Bids
on
deserves
the
Due
been
since
This
will
1932
able
to
be
that the
the
meet
maturities without
borrowing. In
the city has sold
small refunding issues to its vari¬
ous funds to provide a portion of
the cash necessary to meet the
recent
the
ered
&
Additional
were
not taken. Bank¬
Stone/Detroit.
'. '
/Item
4x/4
6%
The warrants
the
name
and
on
and
Item
behalf of and for the
use
Sanitary dis¬
trict of the city under, the juris¬
diction
the
of
of
Board
Authorized
under
and
(Non-Callable):
5
(Non-Callable): *
Detroit, fire refunding, ser.
Item 7
Public
Item 8
city.
(Non-Callable):
Act of
of
the
the General
State,
in
Assembly
East
*
shall
to Oct.
import
,
of the taxes actually,
levied in 1943, and which shall be
collected and enforced in 1944,
has been appropriated and pledged
to the payment of the warrants
and the interest thereon,
t; " ;
out
;
Blairstown, Iowa
Bond
plant
Sale—The
sale
on
the
Benton
Dec.
28
awarded to
were
64,000]
12-15-44
30,000
12-15-44
22,000
■
v
6-15-44
.
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•
6-15-44
-
•
25,000
il/z
6-15-44 12-15-44
::>/-?V/v/"• vIV
/y;:
Au ,4%
6-15-44 . 12t15-44
-
14,000
/
25,000
to Oct.
Oct. 1, 1953, 2%; to Oct. 1/1956, 214%; to Oct. 1, 1958,
1960, 3%; to Oct. 1, 1962, 3%%; to Oct. 1, 1965, 4%; ;]
*
1
4- 1-44 10- 1-70
$25,000
to Oct. 1, 1948, iy2%; to Oct. ?
1.1950,1%%'; to Oct. 1,1953, 2%; to Oct. 1,1956, 214%; to Oct. 1, 1958,
2%%; to Oct, 1, 1960, 3%; to Oct.'1, 1962, 3y2%; to Oct. 1, 1965, 4%'; f
to Oct. 1, 1970, 4y2%. .
V
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(Optional) (*60Days):
'
Item 12
(Optional) (*60 Days):
10- 1-70
1948,114 %;
Oct. 1, 1950, 1%%; to,*Oct. 1, 1953, 2%; to Oct. 1/ 1956, 2%%;
1/ 1958, 21/2%; to Oct. 1,1960, 3%; to Oct. 1, 1962, 314%; to
1965, 4%; to Oct. 1,1970^4%%.;/. :-/;;y/:///.:://'/
East
t
Detroit, refunding ser. B-5
f >: /
4- 1-44
flnterest rate: to Oct. 1,1946, 114 %; to Oct. 1,
Item 13 (Optional) (*60 Days): //■; / •;'•]// ^
East Detroit/refunding ser. B-6
f
. 'A1-44
flnterest»rate: to Oct. 1,1946, 1V4%; to Oct. 1,
$10,000 water
offered for
bonds
revenue
!
,
12- 1-44
6- 1-44
East Detroit, refunding ser. B-3
t
/ ' flnterest rate: to Oct. 1, 1946, 114%;
personal obligation for their
payment and shall be payable
iowa
concede that it
is
it would have been better business
to have advertised for bids on the
bonds.
of
Blairstown.
$25,000
to Oct. J
to Oct.
Oct, 1,1
:^
10- 1-70
$25,000
1948,iy2%, to Oct.;
years,
maturing obligations.
,
<-
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•
clerk.
W.
Finance Commissioner Joe
Ganschinietz
said
today
that
probably the city would be sued
Bank
to j>
'
The bonds mature'
m
,
$500 July 15/
1944, and $500 Jan.'- TS and
July 15, *1945 to 1953' and
Jan.
15, 1954. Callable at
time..
:
it ;
;
,
English and Commissioner Leo
Dougherty were absent from
council session today.
The
cash
working fund bond ordi¬
nance, passed last week, is sched¬
uled to become effective Jan. 9,
when it will be filed by City Clerk
John
Tierney witl\ the county
State
County
.
KENTUCKY
$500
Item 14 (Optional) (*60Days):
$500 Garden City, water dists. Nos. 1,'
any
>,•'/
-
Seeks
Ruling
on
Certain
Property Tax Payments—An As¬
sociated Press dispatch from the
above
city on Dec. 22 had the fol¬
lowing to report:
The City of Paducah will ask
the Court of Appeals whether it is
1
/
;
/
2, 3, 4, 5 & 6, refunding-//—
f
6- 1-44
flnterest rate: to Dec. 1, 1945, 1%; .to Dec. 1,
-:"/./y:
1, 1965, 3%.
15
12- 1-65
f$50,000
1955, 2%; to Dec.
.-';///■
(Non-Callable)
Sch. Dist.
1 at
;
;
/
(All):
Lansing Township, Ingham Co.
Item
Paducah, Ky.
City
f:
1,1970, 41/2%.
Item 11
no
only
60,000
(Optional) (^60Days): /
/
:: /
"
Detroit, refunding, ser. A_
f /
/ " 4- 1-44 10- 1-70
flnterest rate: to Oct. 1,1946, V/4%; to Oct. 1, 1948, 1%%;
1,1950,1%%; to
2V2%; to Oct. 1,
1923, ant Act approved
March 7, 1935, and as last amend¬
ed by an Act approved March 6,
warrants
6- 1-45,
;
Item 10
1917,
March 7,
The
6- 1-44
''
'
(
Detroit; street railway
approved
March 9, i9|T, and all acts amend¬
atory thereof and supplemental
thereto, including an Act approved
1937.
10,000,
4%
/
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A— 4V4
pursuant :/ Item 9 (Non-Callable):. /
of Detroit, gen/obligation, ser.
to the provisions of Section 21
an
2- 1-45
Detroit, various public impr._„-;
of the
Works and Sanitation of the
2- 1-44
4
'*
5
Detroit, refunding, series Fj—
15, 1944.
^
2- 1-45 \ '15,000 ?'
(Non-Callable):
Item 4
Detroit, school refunding, ser. A
Item 6 (Non-Callable): *
city 'acting for
~
of the
benefit
,
to be issued in
are
2- 1-44
4V2
Detroit/sewer refunding, ser. A
loan warrants. Due May
?
:/'■ 4v;^/?"
/
time for the pur¬
same
$75,000 not to exceed
sanitary district temporary
1
$56,000 f
1- 1-45
7- 1-44
4^2%
A
(Non-Callable):
Item 2
of
/Par Value
r
Detroit, school refunding, ser. A
Item 3 (Non-Callable):
chase
Date
* <J
Maturity
Attached
t -(Non-Callable):
City
Controller will also receive sealed
bids at the
/
»
.
Next Coupon
Interest
Rate
Detroit, gen. oblig., ref. ser.
Offering—The
opinion on items 1 to 9,
Hoffman, New York City; ]
Miller, Canfield, Paddock;
,
DESCRIPTION—
.
.
time/
connection with an item indicates the
/ /
Jan. 14. Legal
opinion as
to the legality of the issue will
be furnished by the Department
of Law of the city.
on
number of days in
a
purchaser waives time restriction.
Legal
inclusive, will be that of Thomson, Wood &
all remaining items will carry opinion: of
May 15, 1944. The negoti¬
the
has
for
of
fund
able time warrants shall be deliv¬
J.
refunding.
the first time
levied
taxes
tuberculosis
Board of Health.
the issue
the busi¬
good busi¬
ness fo eliminate tax warrants by
issuing the lower-interest bearing
bonds, but they also declare that
sity
city
of
'
clare that since the Midlands firm
mature Jan. 1, without the neces¬
of
and
enues
indicates that the State is offer-,
following date of sale, during which the State will not offer any
more of such series or issue, providing the item listed is sold, unless
payable from the current rev-
members, however, with
English handling the details, de¬
ers
City's Funds Adequate to Meet
—
a
Chicago,
premium.
firms have told local bankers that
the
(All) in connection with an item
ing its complete holding of the municipality involved.
(*)Indicates
more of similar maturity of this issue or series held.
The statement
of
(
Chicago, III.
Maturities
reportedly
of
Agents
the
Board
city for tuber¬
prevention purposes,
culosis
Council
"SThe City
Council recently passed an ordin¬
ance
a
premium of at least $16,000.
ILLINOIS
Bushnell, lit.
Bonds
Co,
without
or
tax anticipation notes at the first
of the year.
-
day and offer
ties
the
of
use
a
of $400,000
ance
missioner
reached in
routine
a
that, pursuant to the authorization of the State Adminis'-.
Board, he will receive sealed bids at his office in the State |
Capitol Building, Lansing/Mich.; until 1:00 p.m. (CWT) on Jan. 11, ;
for the purchase of the following items of municipal bonds:
- i;, '
Health of the
t
v.
sequent
.
-
2%s, at par—
as
the
Brake, State Treasurer,
Offers Bonds—D. Hale
announces
fund, Issued
tuberculosis
for
Fund
trative
taxes
Fund of the Board of Health.
20,000
because of the lack of an ap¬
.
.
and
levied for the School Health
./,/;
held
1943.
1,
July
Sinking
payable from the cur¬
revenues
-
up
,
of
Board
rent
The completion of the fi¬
nancing operation had been
the
poses,
flotation, and make it possible for
the county to deliver the bonds
sometime after the first of the
proving legal opinion on the issue
by a firm of municipal bond at¬
Interest torneys.
payable J-J. All of said bonds
East St. Louis, III.
maturing on Jan. 1, 1954, and sub¬
Bond Sale Contract Holds—No
sequently are redeemable at par
Public Bids Made—In connection
plus accrued interest on July 1,
with
the
report. that the City
1953, or any interest payment
Cbuncil agreed to sell a $400,000
date thereafter.
/
issue
of Special Cash Working
Dated
?
Hoyt &Washburn would submit
an approving legal opinion on the
year.
of
use
Health for school health pur-
<
Due $5,000 on
$1,000.
1
Jan.
Co., on Nov. 2, but the actual de¬
livery of the bonds has not been
made as yet.
.
No. 3
.
(4 at $1,000,
2 y2%
$900)
4->44
10- 1-44
$4,900
16
(Optional):
City of Lincoln Park, refunding
Item
series C
flnterest rate:
required.-to''pay State and County Nov. 1,
to Nov. 1,
f
5- 1-44 11- 1-65
$20,000
1946, 3%; to Nov. 1, 1950, 3y2%; to
1955, 4%; to Nov. 1, 1960,
4y2%; to Nov. 1, 1965, 5%.
w
Volume 159
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4243
such
a, plan .might be drawn by
city employees.
No bid for part of an item will-be
considered. The right ;is re¬
bids, but unless all
will be made to the
highest bidder who complies, with the terms of sale. Bids are to be
submitted showing dollar, price per item, plus accrued/ interest to
date of delivery, at coupon rate.
The Committee reserves the right
-ajt its option to sell to the purchaser of any item more bonds of the
Same issue, at the-same price, if such purchaser desires such addi¬
tional bonds, such option is to be exerdsed prior to 4:00 pm. (CWT)
tained by the. Finance Committee to reject all
bids are so rejected for any item, sale thereof
Vehicle
Motor
lotted to
proval
Aid
M
Funds
Certificate
Al¬
Cqunties—Subject to ap¬
the 1944 Legislature,
by
H i g h w a y Commissioner
Spencer Miller, Jr., in accordance
with Ta\V, announced on Dec, 24
apportionment of $6,735,000
of
State
iries of
NEW YORK
$200,000 tax anticipation certifi-!
Dec.
on
the
$5,000 in
1
^
+l,
V. Issucd
i
.
of indebtedness offered for
cates
sale
0ne« »&10,0-
$30,000 in 1949i $32,000 in
of!
issue
Dated Jan, 1,
^ue ^an* L as follows:
Y
Sale-An
1944 bonds.
' l9/' T/en°m://n®'
Eastche.ter (P. O. Tuchahoe),
New Jersey (State of)
a
bn'day of sale.
55
Countv
HaiiS
27
0.34%^
at
awarded
was
Trust
Co
to
1
sending k01^s maturing in 1944,
White
interest.
authorized by Section 8 of the
Dated
of
^ ^ ?/
Dec, 31,1943. Due May 31, 1944.
Interest to beof 1% and must be
in multiples of y*
or one-tenth
addressed to said
motor vehicle aid funds for coun¬
the same for all of the bonds. No
Treasurer and should be marked, "Bid for Bonds," and must be
Gien Cove, N. Y.
ties,' '
■
'/
:.■■■
bid will be accepted for separate
accompanied by _a_certified check guaranteeing compliance with bid
Bond Offering — H a r v e y L.
The
appropriations are made
ih the amount of 2%~ofthe. amoulTt^d"fOr"saidl)Wds7-t)r 2% of the
from auto, registration fees and Doxey, Commissioner of Finance, •
^ 15 °* at tess than ^ the pai$
f
Each bid must be enclosed in
,
sealed envelope
a
,
par value where bids exceed par.
Battle Creek School District, Mich..
Note Sale -— The $100,000 tax
anticipation notes
offered
for
sale' on Dec. 27 were awarded to
the
Michigan
Battle
National Bank of
at 1 % %
interest.
Creek
Dee. 27, 1943. Due Feb. 1,
1944. The next highest bidder was
Dated
Security National Bank,
Creek,-at \lk% interest.
Battle
gas taxes and represent $6,000,000
allocated to the counties under the
MISSISSIPPI
law upon
the ratio of area, pOpulatoin and mileage and $35,000 al¬
Mississippi (State of)
Governor
Paul
ernor
26
Dec.
Johnson
died
Johnson
B.
after
Dies—Gov¬
stated
Tenders
Invited
on
since
by Oscar Eck'man, Director
that the City Com¬
Macon
mission will receive sealed tend¬
Countj/(P.
1940, the State Chamber of
have recommended the bonus sys¬
tem of cost-of-living
pay adjust¬
O. Macon), Mo.
Bonds Sold—An issue of
YXllXL5,S"
a,
^
bonds.
Dated
^
E81^ 0
S
v
e-fat^^Bank',le^Yo'k:
Dec.
city operates under its city
^ter constitutmg Chapter -425
Commerce reported at Newark on
Dec. 29. The Chamber is said to
MISSOURI
of. Finance,
11
Laws.
1,89faj as amended.
salary and wage appropriations
by more than $5,000,000, or 7.9%,
18, when Governor-Elect Thomas
Bailey will be inaugurated.
is
It
until
bids
—
attacks,vat the age of 63. He will
be succeeded by Lieutenant Gov¬
ernor Dennis Murphree until Jan.
L.
—
sealed
1, 1D43.
Denom. $1,000. Due Dec. 1, as fol- .The
Municipal Salary and Wage In¬
lows:
$17,000 in 1950, $8,000 in
creases
The 566 municipalities
1951, $5,000 in 1952 and 1953 and- °f
of the; State have increased their
Pontiac, Mich.
Sealed
receive
(EWT) on Jan. 7 for the pur-1v
chase of $60,000 not to exceed 5%
coupon or registered refunding of
a.m.
1943
lowed to each regardless of size.
heart
of
series
a
will
for
all
of
the
bonds.
Issued
to
^
provide funds to pay outstanding
bonds maturing in the year 1944.
Principal and interest payable ai
ychar^ * shall be taxable by the terms
tax flaw»
8ucce8sful bidder
at his
the Glen Cove Trust Co, New ejection be relieved of his obligamunicipal employees,
York.
No bid will be accepted
a
,
pur"
since "salary increases tend to be¬
for separate maturities, or at less
S
come .permanent and, under ex¬
than the par value of the bonds. , }h*d^?Sl} acc^panymg his bid
will be returned, The bonds will
isting laws, cannot generally be
The
$56,500
for
ments
public hospital bonds was sold re¬
cently to G." H. Walker & Co. of
St, Louis as VA$.
Dated Dec. 1,
«
up to 5 p.m. (EWT), on Jan,
11, of bonds issued by the city.
"Tenders
will
be
bonds will be valid and le¬
opened
at 1943. Legality approved by Charles
reduced."
■ '-S.
be valid and legally binding obli¬
,.;.//•■/v"/; gally
7:30 p.m.; (EWT), and' tenderers & Trauernicht of St. Louis. IV' jvK;
binding obligations of the
gations of the city, and the city
Will be promptly notified, and, at
Teaneck Township (P. f). Teacity, and the city will have power
^
NEW HAMPSHIRE
that time, they will be notified
and will be obligated to levy ad i
neck), N. J.
7 R
^
be obliwhere to deliver the bonds;
Berlin, N. H.
Bond Sale—The $50,000 refund¬ valorem taxes upon afl the tax- i ^a^/- ^
X? + vVuJ0rem axfs
Bond; Sale—The $36,000 public
Tenders should fully describe
able real property within the city »?!
Se « a
Pr°P^r^y
ing Series D bonds offered for
for the payment of the bonds and X
bonds offered, including serial improvement bonds offered for sale on Dec. 28—v.
J? ^he City, for the payment of
158, p. 2522—
ers
>
•
Y*lliJ1
awarded to
numbers and state sum for which
sale
bonds will be sold.;
reserved by the City Commission
Bailout Adams & Co., of Boston
as iy4s, paying a price of 100.86,
to
a
waive
highest bidder was
Townsend,
Dabney & Tyson, for 2s, at a price
of 101.09,
' ' ;',\-
The right is
reject any or all tenders, to
any irregularities in said
tenders, and to accept the tender
Or tenders which, in the opinion
of the City Commission, -are most
favorable to the city, up to the
total amount
"B" bonds.
be
paid on all
tenders accepted by the city up
Until
the
were
time the; bonds
re¬
are
ceived
_
bonds
are
dated
Co., of Philadelphia; as lVzs,
paying a price of 100.19, a basis
of
as
1949
Bidder—-
ceptance of tenders, after which
.interest
on
accepted
000 notes issued in anticipation .of
time-. all
tenders
In
■
the
ceases.
.
mailing these tenders; place
in an envelope and
tender
mark
the outside that it is
on
tender
of
bonds
for
the
a
City of
^Pontiac, $nd place that sealed en7
velope in a larger envelope ad¬
the
m.
Jan.
on
7
for
purchase at discount of $450,for
taxes
the
cording to
Dec. 30.
current
year,
Jan, 10, 1944, and mature as fol¬
lows:
$250,000 Dec. 15, 1944, and
$100,000 each on Dec. 22 and' Dec.
29, 1944.
dressed to the City Clerk.
•
'
MINNESOTA
Elk River,
I
Bond
Election
Minn.
Proposedr-It
is
reported by A. F, Hochike, Village
Clerk, that at a: recent special
meeting of the Village Council,
the
following motion
was
,
Municipal Bonds
passed:
"That the'council desires
an
ex¬
to
issue
a
can be obtained, and to fur¬
nish money for a post-war project
J.
Van
Ingen & Co.—
Int.
fol-.
as
will be furnished to the
J. S.
:
Rippel & Co.
new
:
V
Established 189J
18 Clinton St., Newark 2,
N. J.
MArket 3-3430
N.
Y. Phone—REctor 2-4383
bonds
the delivery of the bonds the
tefms of any Federal income tax
law,
second
class
railroad
taxes
now
held in cash by the State Treas¬
urer,
taxes
the
distribution
of
said
being restrained by litiga¬
tion. It is anticipated that this
litigation will be disposed of by
.
The
four
Minneapolis, Minn.
Maturity
—
In
connection
with
the
offering on Jan. 4, of $104,768
special street improvement bonds,
as
noted in
v.
158,
2626, we are
fairs
resolution was signed by a bond registered as to both prin¬
Commissioners,. Public Af¬ cipal and interest, be accompanied
Director
himself
posal
as
was
months
Brady
,
recording by all interest
"not signing." The pro¬
submitted
about
two
accruing
Coupons for
interest due on that date may be
attached to the bonds for payment
or, if detached from the bonds by
holders,: may be presented for pay¬
after
Feb.
1,
in 1950
1954.
and
ago.
other
Commissioners
said
est ceases
on
The, jfpRowing banks .and trust
ComR^nies participated:
1
BadkersTrust Co.—
$2,015,000
'
Bank oftThe Manhattan Co.—
Bank of New York
975,000
300,000
*
Brooklyn Trust Co.
.275,000
Central Hanover Bank & Trust
.
\
■
"-I-' 1,875,000
Co.
The
Nat'l
Chase
Bank
of
the
City of New York__,
4,555,000
Chemical Bank & Trust Co.--..
The Commercial
of New York-
Trust Co,
975,000
Nat'l Bank &
L
50,000
The Continental Bank & Trust
Corn Exchange
Empire
Trust
125,000
First
Co.—/
Nat'l
of
w
New
Bank
..(.175,000
s
of
3,'600,000
NeWYork
The New York Trust Co
l-700,000
The Public Nat'l Bank & Trust
Co.
of New York——
^
.
250,000
'
50,000
Title Guarantee .& Trust Co¬
—
—
—-
$25,000,000
Poughkeepsie, N. Y,
date
course.
called.
Inter¬
,
,
Bond Offering—Jesse D.
(EWT)
on
Jan. 6
for the purchase of $103,100
to exceed 5%
"or
be
must
the
for
same
all
Principal and in¬
(J-J) payable at the Cit¬
Bank, White Plains, with
York exchange, or at the
izens
New
Central
Hanover
Bank
&
Trust
Co.; of New York. The bonds will
be valid and legally binding gen¬
eral obligations of the city, all the
taxable
rea)
property
within
which will be subject to the levy
of ad valorem taxes to pay said
principal and interest thereon,
,
without
limitation
8
Law
as
to. rate
or
Issued pursuant to Sec¬
amount.
tion
and
of
General
the
in
Municipal
accordance
with the
and
approval of the State
Comptroller,> for the purpose of
refunding a like principal amount
of outstanding bonds of the city.
The city hasa special charter,
Chapter 356 of the Laws of 1915,
as
amended.
In
the
event
that
prior to the delivery of the bonds
the income received by private
bonds
of
the
same
such
purchase the bonds and
case
the
deposit .accom¬
panying his bid will be, returned;
The approving opinion of Vanderwater, Sykes & Galloway, of
New York, will* be furnished the
purchaser. A certified check for
$2,000, payable to the city, is re¬
quired.
NORtH
DAKOTA
County, Linden School
District No. 28 (P. O. Wing), N* LJ.
Burleigh
Sale—The $12,000 semirefunding bonds offered for
Dec, 27—v. 158, p. 2627 —
Bond
Wetsel,
City Treasurer, will receive sealed
bids until noon
coupon
of the bonds.
950,000
Morgan & Co., Ind—
Total
11
200,000
ll. S. Trust Co. of New York—
P.
and
terest
in
J
.
—
City
until
registered refunding bonds, Series O. Dated Jan. 1,1944. Denom.
$1,000. Due 6n Jan. 1 as follows:
$40,000 in 1949 and 1950, and
$20,00d In 1951. Rate of interest
to be in multiples of Vi or onetenth of 1%, not to exceed 5%,
contract to
1,075,000
Midland Trust Co.
York
National
bids
p^chase "of $100,000'
1,250,000
75,000
,,
Manufacturers Trust Co..——
of
sealed
;(EWT), on Jan, 5, for the
m,
3,295,000
Irving Trust-Co————
Kings County Trust Co—
The
a.
bidder may, at his election, be re¬
lieved of his obligations under the
50,000
Co.^
Guaranty Trust Co. pf N, Y—
The Marine
Offering—Gustav E/ Ol¬
Commissioner of Finance,
son,
will receive
1,260,000
the
City of New York.
Fulton Trust
WhitePlains,NY,
Bond
type and character shall be tax¬
able by the terms of any Federal
income tax law, the
successful
—
Bank
effect will be fur-
700,000
50,000
175,000
Bank Trust Co.
The Fifth Avenue Bank of N.Y.
The
or
™shied to the successful bidder.
&KiCe^d '.?heck for
$2,062 payable to the city.
holders from
Co. of New York-
J.
of jrate
Ha,wkins'
? ?ew
order
coupons
194*4,
Parks and Public
•advised
the bonds mature Property
Director Villani then
Feb, I, ?s follows: $19,768 in 1945, suggested a local firm might be
$11,000 vr i °46 to 1949*-and $10,000 available for a planning program ment in the usual
p.
/
,
like amount of
r
3% rate:
in-.f
received by
come
1Q0.19
to be retired from
are
a^, .interest thereon,
effect
In the event that prior to
bidder,
•
.
without limitation
5 ?
successful1
•°'[k
this
to
100.07
—
a
York
1%
the Court of Errors and Appeals
by improvements to the system,
Newark, N. J.
ra "white way and possible
.City
Commission
Authorizes early in 1944.
acquisi¬
tion
Master Planning Contract — The
of
the
dam
and
flowage
Bond
Call—Charles
Swensen,
rights." It is likely that a special City Commission on Dec. 29 ap¬ Town Clerk, announces that the
election will be called some'time proved a resolution authorizing town has elected to exercise its
after the first of the year.
Newark Central Planning Board
optioft to redeem on Feb. 1, 1944,
to, contract, with Harland Bar¬ $600,000 4% general refunding and
Gilbert, Miniri.
tholomew
& /Associates, of
St. funding bonds. Dated Feb. l.< Due
Bond Refinancing S o u g h t —
Louis for drawing a master city, Feb.
1, as follows:
$130,000 in
City officials are said to be seek¬
/'
'
V
'■ 1958, $230,000 in 1959 and $240,plan..
ing to refinance $138,500 city cash
-The resolution provides for a 000 in 1960.
Said bonds will be
basis bonds of 1933, bearing inter¬
contract
at
$20,360 redeemed at par and accrued in¬
est at 4%%,; The bonds are held three-year
yearly. The payments are to be terest at .the Town Treasurer's of¬
by the State of Minnesota and
broken down thus, $7,200 for Bar¬ fice
or,-at the option of the holder,
have not become due as yet. City
Clerk Frank Indiar is said to have tholomew, $10,800 for a resident at the. Hudson County National
planner and ah assistant resident Bank in Jersey City, on presen¬
written to William H. Lampson,
planner, and $2,360 for expenses. tation and surrender of said bonds.
secretary of the State Investment
The cost is to be included in the
Each
bond
surrenderd
must,
Board, psking that the bonds be
planning board budget.
unless it has been converted into
refinanced
at
New
the successful bidder may,
Bergen County National
(
;
at his election, be relieved of his
Bank, Hackensack
1%
100.00
R. H. Johnson & Co.__—
obligations mider the contract to
2
T
100.52
H. L. Allen & Co.——
2
100.41
purchase the bonds and m such
case the deposit accompanying his
West New York, N. J.
bid will be returned.
The city
Refunding Authorization Sought
operates under its charter, con¬
At a recent meeting of the
stituting Chapter 787 of the Laws
Funding Commission,
Raymond of
1917, as amended, and the pro¬
M. Greer submitted financial in¬
posed bonds are authorized by
formation and a certified copy of
said law and by Section 8 of the
an
ordinance authorizing the is¬
General Municipal Law. Enclose
suance of $600,000 temporary re¬
a certified check for.
$1,200, pay¬
funding bonds of West New York, able, to the
city.
for the purpose of paying, fundNew York, N Y.
ing or refunding outstanding ob¬
ligations of the town. In explana¬
i Revenue Bills
Sold-—Comptrol¬
tion of this plan, Mr. Greer stated ler
Joseph D. McGoldrick an¬
that the town has outstanding
nounced Dec. 29 that he had sold
bonds in an aggregate principal
by allotment $25,000,000 of reve¬
amount of $600,000 dated Feb. 1,
nue bills dated Dec. 30, 1943, of
1941, bearing 4 %. interest, which Which
$10,000,000 are payable on
are callable on Feb. 1,
1944. The March
8, 1944, and $15,000,000 are
bonds mature in 1958 to 1960 and
payable on April 12, 1944, ai; a
it is now proposed to call these
rate of 0.50%.
/ :
v
a
J
Hawkins. Delafield & Longfel-
1.60%
bonds dated Feb. T,
1944, maturing Aug. 1, 1944. The!
fair
price
...
.
to
The .'opinion-■i
amount.
or
private holders
frOm bonds of the same type and
;'•"■/.
character shall be taxable by the
Rate Price
were
v
'
1952
rate
low of
refunding
$70,000 to
buy: the present system if
from
of
■
plant, particularly with reference
to
a - distribution
system, giving
council. authority
bonds up to $60,000. to
$10,000
bonds and issue
pression from the people of Elk
River on the question of author¬
izing the village to acquire a light
the
1,
of
.
The notes will be dated
NEW JERSEY
Dec.
interest thereon without limitation
—
ac¬
made
an announcement
Dated
Boland, Saffin & Co.—_
Dover, N. H. :/.
Note Offering — Margaret M.
Redden, City Clerk, will receive
a.
and
lows.*: /■■■'
B.
bids until 11
1.48%.
Denom. $1,000. Due Dec. 1,
follows:
$5,000 in 1948 and
1955.-Other bidders
'
by the paying agent, but
longer than seven days after
the date of the mailing of the ac¬
not
about
1940.
Dec.
Shawmut Bank of Boston.
Freeman
&
basis of about 1.61%.' The next
The
awarded to M. M.
were
30,
1943.
Due $3,000 from Dec. 30,
of $35,000 for series 1944 to' 1955.
Principal and in¬
terest
payable at the National
will
Interest
Dec. 28
on
not
interest coupon or
registered, general refunding se-
ann.
sale
were
awarded to the
Allison-Wil-
liams
Co., of Minneapolis, as 3s, at
par. Dated Dec. 1,1943. Due $l,0OCffrom Dec. 1, 1946 to 1957, optional
after 10 years.
4
Wr—'V
—■
V
t
^
.
COMMERCIAL & FINANCIAL CHRONICLE
THE
l
of)
Dakota (State
North
Refunding
Refunding
.Municipal
Certain
Bonds Held Invalid
—
had
which
1929
interested' in checking the financial status of the various taxing
units in the State.
municipalities in
special assessment
district
warrants
issued prior to
invalid by the
been
ruled
were
Court, ac¬
North Dakota Supreme
cording to an Associated Press
dispatch from Bismarck on ,Dec,
PENNSYLVANIA
bond
reported that
officials sold on Dec.
$3,500 street improvement
issue to the First National
Bank
of Beaver
Bonds Sold—It is
Falls.
prior to passage of a
which permits the mu¬
act
1929
liability for
nicipality to assume
such warrants issued after
1929,
OHIO
Authority
Early Financing
Expected—One
pieces of financing likely
to reach the market early in Jan¬
the
of
comprises an offering of
$20,000,000 of Puerto Rico Water
Resources Authority electric rev¬
enue bonds. Part of this issue will
uary
16, 1930. Denomina¬
Due in 1960. Payable
$1,000.
Court
House
and
office.
refund¬
1925, Nos. 1 to' 300,
4%%. to the amount of $300,000.
Dated April 10, 1925.
Denomi¬
nation $1,000. Due in 1965. Pay¬
series
at
Jail,
the
National
New York City.
City
Bank,
»
County Poor House, refunding,
1.925, Nos. 1 to 81, 42A%, to
the amount of $81,000.
Dated Oct. 10, 1925.
Denomi¬
nation $1,000. Due in 1965. Pay¬
series
able
the
at
A
tone
29, as follows:
further improvement
resulted in slightly higher
during the past week. Our
index of the yield on 20 Ohio
bonds today stands at 1.41% , while
the yield on 10 .high-grade bonds
and on 10 lower-grade bonds are
ket
bids
slightly lower this week at 1.23%
and 1.58%, respectively.
;
Roseville,
ann.
Ohio
$8,000
Sale—The
Bond
The
Ohio municipal mar¬
of the
semi-
fire fighting equipment bonds
offered for sale on Dec. 27—v. 158,
2523—were awarded to Pohl
& Co., of Cincinnati, as 13/4S, pay¬
ing a price of 100.25, a basis of
about 1.65%. Dated March 1, 1944.
p.
Ingen & Co.
Puerto
Rico
Van
and
Corporation,
Boston
in the
J. 4V2%, to the amount of
$326,000.
B.
Dated
Water
Re¬
Authority is a body cor¬
sources
porate and politic constituting a
public corporation and govern¬
instrumentality of
The
April 10, 1928. Denomi¬
Due in 1956. Pay¬
able at the Guaranty Trust Co.,
New York City.
nation
People of Puerto Rico. The Au¬
thority itself consists of the Gov¬
ernor of Puerto Rico, the Commis¬
sioner of the Interior of Puerto
Rico
The
Rico.
the
for
created
Authority
the
and
water
Rico
Puerto
of
the
of
the
pur¬
general
the
island.
held
Co., ;
purchased at par,
issue of $17,500 water
offered.
bonds
authorized
at
Nov. 12.
The
•
Youngstown, Ohio
■"—It is
reported that a court rul¬
ing upheld a city ordinance au¬
thorizing a bond issue to finance
a
street opening program.
The
court
said
is
amending
that
held
have
to
the ordinance and re¬
ducing the amount from $200,000
to
$136,000 did not invalidate the
The court ruling was given
issue.
in
test
a
suit
determine
to
the
these
For
ity,
bond
issue, Judge Erskine Maiden, Jr.,
declared
the
on
of
also
He
held
that
amending the original ordinance
reducing the issue from $200,-
and
000 to
$136,000 did not invalidate
A taxpayer had con¬
legality of the financing
the ground that a special as¬
loan.
tested the
on
sessment should have been levied
against owners of property abut¬
ting the improvement and that the
City Council had no authority to
.
cause
benefits
for
select
a
at the expense of all of the
taxpayers.
Under
the
few
city's
amended
ordinance, the $136,000 bonds will
mature Oct. 1, as follows:
$6,000
from 1945 to 1948 inclusive; and
$7,000 from 1949 to 1964 inclusive.
OKLAHOMA
Oklahoma (State of)
Municipal Financial Data Com¬
piled—
R. J. Edwards, Inc., Oklahoma
City, Okla., announces publication
of the 1944 edition of their Okla¬
homa
Financial
contains
a
Survey,
which
wealth of data pertain¬
ing to the
debt burden, assessed
valuation, sinking fund and popu¬
lation
of
the
various
counties
cities, towns and school districts
in
Oklahoma.
The
contained
in
the
erally
of
June
as
electric
The
power
business constitutes about 95%
the gross revenues
the
from
bonds
of $107,000 not to exceed
refunding bonds, to take up
the county school debt.
2%
should be very
information
survey
30,
is
gen¬
1943, and
helpful to all those
1945 to
1949, incl.
balance
varied
of
of the Author¬
being derived
services.
It
is
ex¬
Bond
Jefferies,
that
General Manager, re¬
the plan to buy the
Carolina
Electric
Co.'s
-
&
Gas
properties, has been aban¬
doned. The Authority had' nego¬
Elzie
held
Voted
Dec.
the
said
date, where they will be
re¬
an
election
bonds,
revenue
according
Bond Offering
Details—The $2,-
general obligation not to
exceed 6% interest coupon bonds
which
on
ceived
,
sealed
will
be
Thomas,
C.
W.
by
bids
re¬
City
Comptroller, until 11 A. M.
Jan. 12, as previously noted
these columns, are described
on.
Authorities
—
The
Chemical Bank & Trust Co., New
York
City, as head of a group of
banks including the National City
Bank, Guaranty Trust Co., Bank¬
ers
Trust Co., New York Trust
Co., all of New York, and the
of America, National
of
off
the
•
j
Wash.
Sunnyside.
j
Bond Issuance Approved — The
City Council on Dec. 15 passed an
:>
of
$65,000,214% special sewer and!
refuse disposal bonds.
j
1
as
on
VIRGINIA
WEST
Bond Call—T. If.
Huntington),'
j
Nash, County'
$50,000 i
revenue bonds
drawn by lot, are called for pay- j
ment on Feb. 1, 1944, at par and fj
acrued interest.
Dated Aug.
1,
1940. Denomination $1,000.
The
President,
that
reports
county toll bridge
to
as
539,
566,
632,
769,
811,
1000,
1313,
be
redeemed
are
num-
follows:
540,
502, 510,
548, 554, 555,
541,
574,
688,
573,
fj
529, i
565,
j!
592, 598, 599, 624,1
721, 743, ,752, !:
779, 781, 782, 783,!
875, 919, 939, 965,!
1082, 1083, 1135, 1213, 1249,
1503, 1539, 1572, 1661, 1804.1
660,
773,
843,
711,
777,
873,
Holders
for
1, 1944. Due annually,
commencing with the second
year
and
ending with the
15th year after date in such
amounts
(as nearly as prac¬
ticable) to be specified by the
City Council by resolution,
United States
Notes
i
bid-
bid, payable
to the City Comptroller.
in
March
1
Housing
successful
certified check for 5%
a
amount
as
follows:
UNITED STATES
$43,467,000
the
bonds
report.
$2,795,000 refunding bonds. Dated
deemed.
Bank
At
845,000
of
on
—
13, the "voters ap¬
issuance of $46,000
Seattle, Wash.
1944, 5.%'% road and bridge
refunding bonds, dated Nov. 15,
1927, numbered 1 to 50, in denom.
Treasurer's .office
close
bered
to
Feb. 1,
State
Home
Owners
(P. O. Kelso),
County
on
water
has exercised its lawful
option and calls for payment on
the
the
to
Cabell County (P. O.
W. Va.
Wash.
Price,
$1,000, and maturing on April
1, as follows: $1,000 in 1928 to
1937, and $2,000 in 1938 to 1957.
The bonds shall be presented at
recently approved
Water District
Canyon),
the
of
bonds
so
called
|
redemption shall present the|
same
to the State Sinking Fund
|
Commission of West Virginia at
its office in the Capitol Building,1.
Charleston,
W.
Va.,
or
at
the;
the City^
either o£^
Chase National Bank of
of
New
N.
York
Y.
which shall pay to
the holder the;
premium and interest!'
principal
due
thereon.
\
will, together with interest
all outstanding bonds of
the
same series, be met by an
equal annual tax levy for the
ALBERTA
payment of bonds and inter-
Trust
Association of San
Francisco, purchased $31,538,000
tiated for
the purchase
of the
of the grand total of $43,467,000
private utility's plants for about
notes
offered
by various
local
$40,000,000, but the State Supreme
housing authorities on Dec. 29.
Court ruled it lacked the right to
Details of the offering appeared
make the deal, and the Legislature
in v. 158, p. 2627. The Chemical
twice failed to enact bills to au¬
Bank group purchased the
$1,thorize the purchase.
300,000 New York City Housing
Authority, fourth, fifth and sixth
TENNESSEE
series notes, at 0.47% interest, plus
Cleveland, Tenn.
a premium of $16.
In the.case of
Bond Sale—The $547,000 elec¬
each of the following other issues,
tric
system revenue refunding,
the syndicate purchased the notes
Series A bonds offered for sale
at 0.57% interest, plus small pre¬
on Dec. 29—v.
158, p. 2627—were
miums: $10,746,000 Boston, Mass.,
awarded to John Nuveen & Co.,
Authority;
$12,130,000
of Chicago, and Jack M. Bass & Housing
Co., Nashville, jointly at 1%% Detroit, Mich., Housing Authority,
due Nov. 28, 1944; $2,016,000 Fay¬
interest at par. Dated Dec. 1, 1943.
ette County, Pa., Authority; $207,Interest
payable
J-D.
Denom.
000
Glendale," Ariz.,. .Authority;
$1,000. Due June 1 as follows:
$234,000
Mesa,
Ariz.,
Housing;
$35,000 in 1945, $36,000 in 1946
$810,000 Washington County, Pd.,
and ,1947, '$37,000
in 1948 and
Housing; and $378,000 Orlando,
1949, $38,000 in 1950, $39,000 in
Fla., Housing.
1951, $40,000 in 1952, $41,000 in
Other issues purchased by the
1953 to 1956, $42,000 in 1957, and
syndicate were $192,000 Conway,
$43,000 in 1958.
Ark., Housing Authority, at 0.62%
TEXAS
interest, plus $3 premium; $665,000
El Paso County (P. O. El Paso), Alexandria,
La.,
Housing,
at
T exas
0.67%, plus $9; and $2,670,000 De¬
Bond Call—Dave T. Sullivan, troit, Mich., Housing, due Aug. 27,
County Treasurer, announces that 1945,
and
$190,000
South
San
the County has exercised the op¬ Francisco, Calif., Housing, both at
tion granted by Article 720, Re- 0.72%, plus'small premiums.
,
Cowlitz
proved
Call —Mrs.
|:j
Seattle, New York City,1
Chicago, Boston or Cincinnati at a
the option of the purchaser. En-J
$185,000 water and
system revenue bonds.
county
Local
thority (Pi O. Columbia), S. C.
Utility Plan Abandoned—R. M.
South
O.
Approved—The
WASHINGTON
County Treasurer, reports that the
Award
South Carolina Public Service Au->
ports
(P.
•
the issuance of
sewer
Texas
,
SOUTH CAROLINA
Council
Town
*
that
sale of electric power.
Issuance
Bonds
County
ap-
Wood,
ordinance calling for the issuance
Pearisburg, Va.
Bond
O.
Austin,
County
Judge, reports that the $40,000 2%
County hospital bonds offered for
Randall
be
by
in
suance
.i b
Texas
Charles
eventually the- Au¬
thority will derive all its reven¬
ues
from
the development
and
pected
the
improve¬
ment be done by special assess¬
ment or be done by general tax¬
ation, insofar as the expediency of
making the improvement is con¬
cerned, is a matter entirely within
the legislative power of the City
the
island.
Dec. 23 that ''whether
construction
Council."
obligations
total of approxi¬
$10,000,000, and for the
acquisition
of the
Porto
Rico
Railway, Light and Power Com¬
pany. On completion of this fi¬
nancing the Authority will have a
total outstanding debt of $20,000,000, and will have an integrated
power system under unified con¬
trol doing more than 90% of the
total electric power business of
land, as previously reported—v.
158, p. 2627.
In his decision upholding legal¬
ity of the ordinance providing for
street
a
election
an
Jan.
on
Liberty County (P. O. Liberty),
mately
the
above-mentioned
outstanding
amounting to
legality of the bonds, which had
been awarded tentatively to McDonald-Coolidge & Co. of Cleve¬
the
of
ment
Validated
Issue
Bond
Reduced
be held
18, the voters
will be asked to approve the is¬
follows: $3,000
sale on Dec. 22, were sold to the
purposes the Authority has been
$2,000 in 1947.
granted broad powers by the Act George V. Rotan Co., of Houston,
The next highest bidder was the
paying a price of 101.018, a basis
of the Legislature creating it.
Weil, Roth & Irving Co., for 2s,
of about 1.65 %.
Dated Jan. 10,
The purpose of the present fi¬
at a price of 100.17.
1944.
Due $8,000 from Jan.
10,
nancing is the funding or retire¬
Due on Sept. 1, as
in 1945 and 1946,
Election—At
Bond
to
election
an
-
(P. O. Leesburg),
Va. ,
;
-
have
an
on
&
resources
and for
promoting
of
pose
welfare
3V2S,
were
utilizing
energy
Dallas
as
of
of con¬
purpose
serving, developing and
of
delivered
der
Loudoun County
Burt
legality
City,
VIRGINIA
Texas
N.
to
as.
Treasurer's j
shall
bonds
Said
proved
City
the
at
or
Bros.
York
date called.
on
Leonard,
works
was
ceases
Sold—C.
Bonds
of
Commerce
and
Agriculture
Puerto
Commissioner
the
and
$1,000.
Interest
mental
City
office.
..
Illinois
Continental
bal¬ National Bank & Trust Co., Chi¬
Ohio (State of)
)
'
!
ance,
approximately $10,000,000, cago.
Municipal* Market Again Im¬
is expected to be offered publicly
} Court, House and Jail,
proves—J. A. White & Co., Cin¬
refund¬
by a group headed by the First ing, series 1928, Nos. i to 326,
cinnati, advised under date of
placed privately and the
be
Dec.
y
in New York j;
agency of the State
&
Hutzler of Hoffman, King & Dawson, of New
j|
purchased the York, whose favorable opinion |
following issues at 0.59%, plus will be delivered to the purchaser,;
small premiums: $2,000,000 Alle¬ free of charge. Bidders shall be
gheny County, Pa., Housing, 16th required to submit * separate bids n]
and
17th
series, and $14892,000 011 blank forms furnished by the i;
Bremerton, Wash., Housing. The City Comptroller, specifying (a) |j
firm also purchased the follow¬ the lowest rate of interest and the
]'
ing: $1,000,000 Allegheny County, premium, if any," above par at f
Pa., 18th series, at 0.61%,*plus $15; which the bidder, will X^urchase |
$719,Q00 Decatur, 111., Housing, 7th said bonds; or (b) thb lowest rate |
series, 0.69%, plus $17; $1,000,000 of interest at which the bidder ;J
Decatur, 111., Housing, 8th series, will purchase said bonds at par;bids
shall
be
without
0.68%, plus $23; $1,015,000 Mc- said
jj|
Keesport, Pa., Housing, at 0.70%, condition, interlineation, explana- |
tion
or
erasure.
The
plus $35.
right!
The
United
States Trust Co., is
reserved
to,
reject
any j
New
York, ' took $915,000 New and all bids, but no bids may be j
York City Housing 1st, 2nd and withdrawn after the same have
j
3rd series, at 0.45%, plus $6;
R. been filed with the City Comp-}
W.> Pressprich
troller unless permission is first1!
& Co. obtained
$1,840,000 Norfolk, Va., Housing at obtained by resolution of the City r|
0.63%, plus $40; Central Hanover Council. Said bonds shall be regj|
Bank & Trust Co., New York, pur¬ isterable as to principal, or prinij
chased
$770,000
Boston,
Mass., cipal and interest, at the option j
of the holder. The bonds will be.
Housing, 49th series, at 0.56%.
Salomon
of
amount
Dated Jan.
able
Water Resources
Rico
Puerto
special assess¬
rants issued
the
to
New
ing,
RICO
PUERTO
improvement district war¬
5%,
at the State Treasurer's
de¬
cisions, ruled that municipalities
ment
550,
tion
a
of
$550,000,
20
high court, in previous
not liable for
State,
Harvey Fisk & Sons, New York
City, bought the $778,000 Alle¬
gheny County, Pa., Housing issue
at 0.59%, plus $29.
1925, to call for payment on Feb.
1, 1944, the following bonds:
County road, series 1929, Nos. 1
the borough
.
were
| vised Statutes of the
to
Eastvale, Pa.
21.
The
Monday, January 3, 1944
.
bonds issued by
exchange for
improvement
f
*
* '
Savings
.
author¬
ized by Ordinance No. 73,000,
approved Dec. 14, 1943, for
the purpose of retiring a like
amount of Emergency Fund¬
ing
bonds,
1938,
maturing
yearly from 1945 to 1959. A
est. These bonds
sufficient
are
for
tax
the
pay¬
ment of the
principal and in¬
terest of said bonds as they
become
due
Ordinance
the
on
No
is
pledged by
73,000 out of
millage levy
as
allowed by
permissible
property
Edmonton, Alta.
Tenders Invited
Fund
Trustees
mencing
year
and
220
to
625
inclusive.
635
to 721
inclusive.
751
to 872
inclusive.
883
and 884.
v
Offers should be forwarded to:
C. M. SMAIL,
twentieth
such
Feb.
with
the
second
ending
with the
year
amounts
after date in
(as nearly as
to
inclusive.
192 to
235
Secretary,
■
com¬
prepared
are
^
The Sinking ]
purchase debentures of the city,
of issues payable in Canadian and
United States funds, and within
the following range of numbers:
law.
50,000 sewer bonds. Dated
1, 1944. Due annually,
—
The
Sinking Fund Trustees
of The City of
Edmonton, Alberta.
NEWFOUNDLAND
Newfoundland .(Province of)
Surplus
Drops
JSteadily—Sur¬
practicable) to be specified;by plus of revenue over expenditure
City Council by resolution; as for the Government of Newfound¬
will, together with interest land amounted to $300,000 for
on
all outstanding bonds of November,
1943, compared With
the same series, be met by an $660,000 in November last year.
equal annual tax levy for the This is in line with the year's
payment of bonds and interest. These bonds are part o'f
a
by
$2,125,000 issue authorized
the voters on March 9,
the eight
$4,500,000,
compared with $7,100,000 in 1942.
trend,
months
denoms.
and interest
of
for
months both show in¬
Customs alone have de'-
eight
The bonds of each issue will be crease,
in
surplus
to. date being
Revenues for November and for
the
1926.
a
$1,000. Principal clined, being offset by increases in
payable at the fiscal land revenues.'';"
@FedFRASER