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JAN

*

41943

MONDAY

Reg. U. S. Pat. Office

Volume

New

Number 4139

157

Price 60 Cents

York, N. Y., Monday, January 4, 1943

Copy

a

A

STATE

CITY

AND

DEPARTMENT

BOND PROPOSALS AND NEGOTIATIONS

Lynch and Joseph B.
attended the burning ex¬

Corporation News

presence.

total
$5,000,000 in State bonds has
been retired.
Last year $1,865,000
brought

market at

QUOTATIONS
New

York

a

in

back

the

open

interest saving.

an

said

Judd

that

the

Mr.

able

ther

Exchange

will
the

mium

State's

prices

favorable.

(See Index Below)

sold in these columns last

ALABAMA
'

Call—S. B. Howard,

Bond

July 6,

33, mature May 1, as fol¬
lows:
$2,000 from 1943 to 1946
incl. and $2,500 from 1947 to 1954
incl.
Bonds maturing
in 1947

page

Ala.

City

Clerk, calls for payment on Feb.

1943, series A general refund¬
and thereafter are callable, in in¬
ing bonds Nos. 15, 24, 34, 43, 62,
verse numerical order, on any in¬
84 and 92.
Dated Feb. 1, 1937,
terest date at 2% premium.
and due Feb. 1, 1957.
Payable at
the
First
National
Bank
of
CONNECTICUT
1,

Florence.

:

.

Connecticut

ARIZONA

"AV\% electric light plant revenue
bonds sold at par to Boettcher &
Co. and Oswald F. Benwell, both
of Denver,
—are

in

in

$3,372,000

Holbrook, Ariz.
Additional Details—The $94,000

jointly—v. 156, p. 1905
denoms., interest

$1,000

(State of)

Matured,

Burned—Governor

Bonds

Retired
Hurley

and other State fiscal official^ of¬
ficiated

at

a

bond

burning pro¬

Dec. 21, when $3,372,000
matured- and
retired
bonds

gram

in

were

on

A
liq¬
indebtedness

building furnace as required by
payable M-S> and mature Sept. 1,
law.
%% ;•
as follows:
$2,000 in 1944 to 1946,
The
$3,372,000
bonds include
$3,000 in 1947, $4,000 in 1948 to
1952, $5,000 in 1953 to 1956, $6,000 $2,100,000 bought back in the open
in 1957 to 1960, $7,000 in 1961, market the past year by Deputy
in

$14,000 in 1962.
Redeemable
numerical order on

inverse

Treasurer
interest

Thomas H. Judd at an

saving of $209,661.87 after

payment of premiums.

1945, or any interest date
up
to and including chases

March 1,

thereafter

March 1, 1950,

The pur¬
made out of surplus

were

at par and accrued transferred

to the bond retirement

'*•

;/r

Coral

Appeals

.

and

—

to

past-due 5s and 6s. Bondholders
have agreed to the proposal, it
said.

Gables,

? ■

■

;Yv

De¬

cree—Appeal from the interlocu¬
tory degree putting into effect the
city's $11,000,000 debt refunding
program—v.; • 156, p.
1993—was
filed Dec. 19 in Federal Court by
three

creditors

approxi¬

holding

bonds.
The
by Augustus

mately

$348,000 of
appeals were made

of

lands

the

owners),

property

bonds

county

though

even

issued

are

on

(the

petitioners

complete

to

the

James

representing the liens
special assessments upon

the

lands, the special assessment
liens

taxing

well

as

as

the

power

is

extinguished

not

the

on

bonds

by

by

the

county, and the county cannot in
law

otherwise release

or

of the certificates that

the

are

lien

are

passage

and

Mayor

Buckley,

several

and

City

Dec. 24, and
at meetings
prepared

of Calumet

Council to
advice and the
the

his

order

court

Aldermen, said
real estate man,

residents

both

ignore

a

urged

had

the

vote

to

bond

is¬

Judge Prystalski refused to
take any action on that phase of

sue.

the

and suggested that At¬

case,

torney Stransky petition the court
for

against

citation

contempt

a

such individuals.

pledged
until

Carlinville, III.

to the payment of the bonds

the bonds

reconsideration

in

appeal or go to jail on Jan. 29.
Franklin Stransky, representing

of

the

action

Jan. 14 and Jan. 28 or be

certificates

White-Phil-

Sold —The

Bonds

fully paid.'

that the lips Co. of Davenport has pur¬
chased
$10,000
3M>%
judgment
property owners would ask Cir¬
cuit Judge Parks for a deferment funding bonds at a price of 108.75.
on further
litigation in the fore¬
Chicago Heights, III.
predicted

"Attorneys

.

closure suit until the next session
of

the

Legislature.
Supreme Court

Details—The $21,000

Bond Sale

bonds sold
to
quashed
Barcus, Kindred & Co., Chicago—
Judge Parks in which
v.
156, p. 1458—were purchased
he overruled the county's motion
by the bond firm at a price of
for
dismissal
of
the
defending
100.87, a v basis of about 2.36%.
property
owners'
answer
and
Due
Dec.
1, as follows:
$2,000
cross bill to the foreclosure action.
from 1944 to 1953 incl. and $1,000
"The

2y2%

judgment

order of

an

"The foreclosure

Circuit

Court

the

County

1925

the

was

Dec.

district

Belmar

started in

created

was

county

Commission under a
act and in 1927
levied highway liens

district.

f.

"Provisions of the levy provided
the assessments were to be

paid

in

10

annual

Interest J-D.

1954.

Coulterville Public School

by

against hundreds of properties in
the

in

The

2, 1932.

District No.

legislative

Bonds Sold—An

refunding bonds was sold
Municipal Bond Corp. of

414%
to

I, III.
issue of $4,000

the

Chicago. Dated Aug. 1, 1942. Le¬
gality approved
by Charles
&
Trauernicht of St. Louis.

installments,

with annual interest of 6%,

Edwardsville,

Coun¬

ty attorneys alleged in their 1932
bill
for
foreclosure
that
the

III.

Contract Canceled—

Sale

Bond

providing for the sale of

Contract

under the 1925 act was $450,000 water revenue bonds to
entitled lo a foreclosure
decree Stifel, Nicolaus & Co., Chicago—
against the delinquent properties V. 156, p. 1907 —•. was canceled,
county

because

to

pay

of

the

failure

the first

stallments in

T.

to

upon

that

Fla.

Refunding

From

the

county

$684,000 of
period of years was ap¬
proved Dec. 8 by the State Board
of
Administration, according to
report. Under the plan, the Board
wlil accept funds for payment of
$226,000 of debt," reducing the
total figure to $422,000.
Maturi¬
ties of refunding bonds will be
spread over a period of 30 years
and greatly improved the county's
financial condition, it was said by
Joseph Bailey, County Attorney.
The
program
was
described by
Governor Spessard Holland "as a
splendid windup of a bad prob¬
lem," reports said. The plan pro¬
vides for the refunding as 4y2s of
$262,000 bonds, and a new issueof 3y2s to take care of $160,000

Was

sessments of ad valorem taxes

payments

a

tossed into the State Capitol

their meeting on

assessment certificates held by the

designed

uidate
over

at

tax as¬

of the county being
pledged to. secure the payment of
the bonds.
The lien of the special

Refunding Plan Approved

Miscellaneous

proposal when it was
told them

turned down, the judge
start

pre¬

(P.O.- Panama City), Fla.
plan

questioning of

revealed how each

to

when

FLORIDA

refunding

expense

certificate

Bay County

Unlisted Securities

estimated

the

011

of the road construction shall ulti¬

fur¬

debt

are

'The entire

voted

reduce

used to

be

Out-of-Town Listed Markets

Florence,

in

$8,000,000

bond retirement funds still avail¬

Exchange

Curb

their

of

were

that:

ruled

individual

Aldermen

the

mately be paid by special

require

four years

past

follows:

court

After

reported

reports

press

as

"The

State

on

;

the

In

.State and City News

Stock

statutes

destruction

bond

York

further
"

The

ercises.

New

Florida

Auditors

State

M.

Downes

In This Issue

and

Judd

Mr.

Frank

of

owners

five annual

1927-1932

in¬

inclusive.

due

Issue

of

defeat

to

was

the

bond

pro¬

17.

election on Dec.

posal at an

finance

to

municipal

Ashton, owing $8,000 balance
"Charles F. Blake, John M. Al¬ acquisition
of the Edwardsville
on
a
judgment; Ed C. Wright,
of AlkcU of the par value and on
Bonds consigned to the flames
lison and Tillman and Henderson Water Co.
owing $250,000 bonds, and Fidu¬
Sept. 1, 1950, and any interest were $22,000 in University of Con¬
ciary Counsel, Inc., holder of a represent the county. William C.
Palatine Township High School
'date thereafter at par and accrued necticut
McLean represents the property
self-liquidating dormi¬ $90,000
District No. 211, III.
judgment balance. Effect
interest plus a premium of 3Vz% tory
owners."
-v.
bonds that matured;
$1,- of the interlocutory degree was
Bond Call
District Treasurer
of the par value.
^
V
250,000 representing annual re¬ to make the refunding plan man¬
GEORGIA
calls for payment at par and ac¬
tirement of the 1938 State bond
Phoenix, Ariz.
datory on a small group of cred¬
crued interest on
Feb.
1, 1943,
Lexington, Ga.
Bond Sale—The $339,000 series issue of $25,000,000, and the pur¬ itors who had refused to consent
4%% refunding bonds Nos. 1 to 6.
Bonds Sold—An issue of $13,000
■of 1943 bonds offered Dec. 22— chased $2,100,000 in funding and to the plan launched in 1937 and
Dated Aug. 1, 1941.
Due Feb. 1,
;v.
156, p. 1993—were awarded to building bonds out of the same approved thep by more than 94% 4% refunding bonds was sold to 1961.
Bonds
with
unmatured
issue.
The dormitory bonds ma¬ of
Brooke, Tindall & Co. of Atlanta.
a
the creditors.
group composed of Lee Higcoupons attached will be redeemed
tured May 1 and the $1,250,000
Dated May 1, 1942.
Interest F-A.
ginson Corp., New York; Boett¬
at
the
Northern
Trust
Co.
of
Hillsborough County
Due Feb. 1, as follows: $500 from
cher & Co., Denver, and Blair, building and funding bonds ma¬
Chicago.
(P. O. Tampa), Fla.
1944 to 1959 incl. and $1,000 from
Bonner & Co., Chicago, at par, tured Dec. 1.
Property
Owners
Again De¬ 1960Ao 1964 incl.
for the bonds to bear 3% in the
Mr. Judd said that the $2,100,Principal and
INDIANA
first year and 2%
thereafter to 000 purchases came out of the feated in Special Assessment Lit!-.* interest payable at the First Na¬
Bicknell School City, Ind.
Legality
gation—Owners of about 800, lots' tional Bank of Atlanta.
maturity.
Sale consisted of:
$10,681,026.53 transferred from the
Bond Sale—The $4,000 refund¬
by Spaulding, Sibley,
State surplus at the end of the in the Belmar Highway Assess¬ approved
$193,000 water refunding bonds.
ment
District
recently
suffered Troutman & Bock of Atlanta.
ing bonds offered Dec. 21—v, 156,
Due July 1, as follows: $96,- fiscal year, June 30, leaving about
another setback in their 10-year
p.
2082—were awarded to
the
for
additional
pur¬
000 in
1952 and $97,000 in $8,000,000
ILLINOIS
chases.
Out of the original $25,- fight against the attempt of the
Security Bank & Trust Co. of
1953.
.
Interest to

date, plus a premium

fund. '

..

-

—

•

77,000

sewer

refunding

bonds.

July 1, as follows: $38,in 1952 and $39,000 in

Due

000

1952 and

Jan.

of the

1,

$35,000 in 1953.
bonds

will be dated

1943.
COLORADO

Creede, Colo.
Bond Sale Details—The $28,000

3l2%

the

institutional building
only $16,035,000 in bonds
left, Mr. Judd said. Also out¬
State's

refunding

bonds




county to foreclose

and

erty,

turn to the
for

Calumet

the prop¬

expected

City, III.

to

Ordered to Approve oond Issue

1943 State Legislature

—Mayor John Jaranowski and 10
Aldermen of Calumet City were

The

relief.

from

stemmed

on

now

are

a

latest

ruling

defeat

of

the

INDEX
Page

Quotations:

reported

Judge John Prystalski

New

Yotk

tttocK

standing are $428,000 in self-liq¬
uidating University of Connecti¬
cut
dormitory bonds; $4,400,000
in Charter Oak bridge bonds and

Supreme Court that the issuance in Circuit Court recently to ap¬
of bonds by the county for the
prove
a
$425,000 bond issue to

New

York

Curb

$6,000,000 in New London-Groton

69,000
refunding
bonds.
Due
July 1, as follows: $34,000 in
All

accumulative debt and financed

program,

1953.

;

000,000 bond issue, which funded
an

erties

are

bridge bonds. The bridge bonds,
however, though backed by the
credit of the State, are to be re¬
tired out of lolls.

of paying debts incurred

purpose

in

of

paving along the Belmar prop¬
did

the

which
based.

not

paving
the
.

the

life

certificates

on

terminate

foreclosure action is

ordered by

satisfy judgments against the city
by Jan. 29, or be ready to go to
The 11 officials already have
been found guilty of contempt of
court foi* their refusal to vote the

jail.

bond
news

issue,

according

reports.

to

local

Other

Stock

Unlisted
State

.

Exchanges—•

Securities

Department:
Proposals and Negotiations..

and

Bond

tixcnange.

Echange..........

9
25
30
35

City

,Gen. Corporation and Invest. News..
Dividends Declared and Payable

1
5
33

Redemption Calls and Sinking Fund
Notices
The

Course

of

Bank

Foreign

Exchange

Auction

Sales

Clearings

Rates

36
39

33
33

THE

.

,

Vincennes, as 2s, at par.
Dated
fan. 1, 1943, and due on July 1,
us
follows:
$1,000 in 1951 and

'1952, and $2,000 in 1953.
high bid of 100.346 for
made

Second
3s was

by Seasong'ood & Mayer of
:

'Cincinnati.

East

"time

the

$230,000
Dec.

National

Union

Harbor,

of

Bank

In¬

Chicago,

East

at

114s.
Indianapolis, Ind.
Offering—James

City

Deery,

'

E.

will

Controller,

of

cost

approximately

to-the Commonwealth.

Government

eral

All

would

'

war

company" bonds were in the samd
category as those of the school"
boards, both of which carry guar¬
antees that they are exempt from
Federal taxes. However, George L.

Frankfort,

said

as

Feb,

1943,' and due

T,

3s,

from. 1948

and:-2%s.

tcr 1963

the

District

day

same

Feb,

on

Bayou Tigre
a

with

school

lands

ham

establishment

of

from

1946
;

has been
validated by the Court of Appeals.
The
method ' is
necessary,
he
pointed

at

out; and

in

an

assess¬

■'

Pontiac.

handed

court

:

down

an

recent suit

a

involving the question of who in¬
going
to
pay
the
outstanding
bonds

and

interest

due

East Clawson drain.

7./:;C

MAINE

%

remain

opinion this week in

incl.

1963

to

that

"The

Mr., Gra¬

programs,

the

can

the other

district, in tbc opinion of
Circuit Judge George B. Hartrick

now; turier &

the

bond

nor

on

ment

commanders'- of the -three

the

national guard

bonds

deficiency be loaded

composed of the Equitable

group

and

taxes,

special assessment

a.

drain

pay

the

-to

gone

or disposed1 of
sales, are not

land

scavenger

•;o

offered

awarded to

were

at

7 obligated for

bonds

have

delinquent

have been retained:

1

inch

j. The. $10,000. South

Drainage

Dated

that

for

for

the

Kenneth M.

,,/

Keefe and Wallace D. Bradford;
Androscoggin County
representing bondholders, brought
suit
(CWT) on Jan. 11 for the pur¬
Lexington has announced his
V'/v (P. O. Auburn), Me.
against
Oakland ; County,,
chase of $995,000 not to exceed intention of recommending a de¬ added, in the financing of, large 7; Note
Offering—Raynaldo Simp¬ Drain Commissioner Earl L. Clark
holdings because of , the son/ County Treasurer, will re¬ and the Board of Supervisors ask¬
6% interest warrants, as follows: ficiency assessment, against a[ Lex¬ State
$75,000 firemen's pension
fund, ington taxpayer because of the constitutional limitation of $500,- ceive bids until noon on Jan. 4 ing the court to determine
"$125,000 Board of Health, $20,000 latter.'s -receipt of interest on the 000 on bonded; indebtedness; The cor. ,lhe -purchase at discount of whether it is an obligation of, the
-tuberculosis fund, $25,000 school "holding company" type of school armory
financing,: Mr- Graham $100,000 notes issued in anticipa¬ Commissioner to impose a -defic¬
:
.p.
• ;
'health fund, and $750,000 general bonds.
-said; is the1 only, special-program tion of 1943 taxes.
Dated Jan. 7, iency.. assessment on all the lands
•fund.
All of the bonds will ma¬
has-- undertaken since 1943, and due $50,000
Graham's company, the Bankers- Kentucky
each/on as. determined benefited in the
ture May 15, 1943.
Legal opinion Bond Co., Inc., handled the bonds1 1812.
Oct.' 15 and Dec. 31, 1943.
LL///;/:
drain, district." 7
.will be furnished by the city law for the schools and for the two
Lawrence County
Auburn, Maine
MINNESOTA
department.
"holding' company" corporations
(P. O. Louisa), Ky,
77 i Note

bids

sealed

ceive

until

re-

A.

10

the

M,

Internal

of

Bureau

Revenue

at

*

jointly;

.a.,

"Lands
State

Securities
Corp., ■ Kingsbury
&
AlviSj Scharff & Jones, and Cou¬
regiment; all;
Derbes, "all of New Or¬
in the armed service.
7; TV1 leans, at a price of 100.114 for
Kentucky's "holding company" $8,000 3% s and $2,000 3s.
Dated
method of financing dates back to Feb. 1, 1943, and due on Feb. 1
and

1909

director, of the
Department at
that an'agent of

finance

Education

State

'

"holding' company"
chartered; under- the,, name of
the; Commonwealth of, Kentucky;
"Military Department Armory Cor¬
poration!
Its incorporators are
the Adjutant. Genera),, State Di¬
rector of Accounts and Control,

"holding

the

said

Graham

Boagni and the Planters Trust &
issuahce; Savings Bank, both of Onelousas,

the

of

was

this

Monday, January 4, 1943

.the armories outright

years

The armory

$235,000

through* a public aid grant,
making the total construction cost
about $470,000,
<L
Mr.

24

at ■of-tm&sbonds-, or in 1963:

The Fed¬

matched ;

& FINANCIAL CHRONICLE

own-

within-

sum

Evans,

Warrant

entered the

States

United
a

Matthews.

St.

and

completed shortly before the

were

29—

2177—were awarded to

p.

diana

The

—

offered

warrants

156,

v.

Chicago, Ind.
Sale

Warrant

Harland

COMMERCIAL

;

L

.

•

-

*

.'

which

Indianapolis Sanitary District, Ind.
Warrant
Offering— James
E.

established

were

Commonwealth

by

about Two

-

Offering

the

Bonds

years

Approved—An- issue

$30,000

funding

of Mitchell,

has

bonds,

ceive

-

Radcliffe

G.

Manager, will

City

bids

re¬

until

5

p.m.

Fairmont, Minn.
Certificates

Jan. 3'

on

said the school and; been;
approved by the State Lo-; for the purchase at discount- of
ceive sealed bids until
10 a.m.: "holding, company" bonds carried, cal Finance Officer. $425,000 notes issued in anticipa¬
/
face guarantees that they are free;
(CWT) on Jan. 11 for the pur¬
tion of; 1943 taxes,
Dated Jan. 5,
of any ad valorem or income taxes' Martin County (P. O'. Inez), Ky.
chase of $100,000 not to exceed
1943, and payable Nov. 4, 1943.
by- the Commonwealth or by the;
Bonds
Approved—An issue of
.5% interest temporary loan war¬
ago,

'Deery, City Comptroller, will re¬

He

4%.

■

;

issue

hificates of .indebtedness

.

f

Sold—An

$5,408-3.%. street improvement
was

pur¬

„

Denoms.

rants.

the purchaser.

The

Federal Government and that col¬

requested by

as

lection of such taxes .would be in

Due May 15, 1943.
issued

warrants- are

in

of the

contravention

the

been

constitution

.

4%

Finance

Lawrenceburg

Flood

'control

works

Control

in taxing the

}

flood

$30,000

bonds

McCreary County

offered Dec;

'21-—v. 156, p. 2082—were awarded
to
the Peoples National Bank of

bonds of the "hold¬

company"

ing

Graham
and

corporations,

Commonwealth

the

said

holders of the

not the

Mr.

bonds'

would suffer. The Commonwealth

(P.

.

',//

/' 7%

,

■

.Officer,

Finance

Local

156,

2266—were

p.

awarded

property

good

.

has.. ap-: due

Oct.

7,

Bank

pays
approximately
$16,000
a
Lawrenceburg, as l%s, at a price year on the; armory bond issue
of 100,31, a basis of about 1.70%;
and
$20,000
on
the
children's proved an issue of $20,000 3% •
Dated
Dec.
15,
1942,
and
due home
issue," which
totals only funding bonds.
" v
.'
$1,500 on Jan. 1 and July 1 from $100,000 of which $60,000 is now
-i
Rowan County
,1945 to 1954 incl.
Other bids:
;/
outstanding.
On
the
armory
Bidder—
Int. Rate
Rate Bid
(P. O. Morehead), Ky.
bonds,'$213,000 is outstanding, the
City Securities Corp.........
1
100.26
Ron.ds
Approved — The
State;
Commonwealth
JRpcvidcnt
Savings'- Bank,
having paid'; off

Gilmartin

collection

delinquencies

,

.

should

that

in

run

1927

about

and

3.5%

•John

Co.

2

Nuveen

Co.

&

and

100.27

:

In-*

1

•

...

$4,000 last August

Corp..

Bend

The

Share

&

2

.....................

/:■/."'.

100.11

/•'*•■ • ]

;
indenture

"

di-anapclis

trust

.

.

the

and

face of the armory bond carry the
statement

that

the

Local

Finance

proved

■■

Officer

of

issue

an

has

96.25%

the

com¬

The

peak

.funding

bonds.

wealth
tical

Waterloo, Iowa
Bond
cial

of

bonds

ment
T

56,

p.

street

offered

the

vided

14—v.

Moines;

only bidder, as 5s, at

par.

(P.

O.

Bonds

of

■

County

because

such

pro¬

refund

f

if;

would

refund
that

.

13.4%

are

that

this
corn-

make

bondholder

*fered

Dec; 23

•syndicate

Mass,

awarded

was

composed

freight terminal

of

the

to

General

State
of

No.

of

96

Assembly

-York;

the

session1

-

Hutoicr, and R. W.
Co.«..:

prich ' Ss

•.

,

.

•

156,

St.

Bernard' Parish

Park-Shaughnessy
Paul,

L Note

■

Sale—The

'

Finance

proved

Officer

has

ap¬

issue of $196,000 4%%
road and bridge
refunding bonds.
an

might

have

would

equity
tion

in

)

Says Federal Taxation of Hold¬

ing

Co.

School

Bonds

Threatens

Commonwealth Agencies—Should
Federal Government be suc¬

the

cessful in its announced
.to

tax

the

income

intention

from

"holding'

company"

school bonds (see v.
156, p. 2177), t\vo of Kentucky's
non-profit
"holding
companies"

be jeopardized, it was. stated
Dec. 16 by Thomas
Graham, man¬

may

ager

of

ment

„

of

the

investment

the

Bankers

depart¬

Bond

Co-i,

Louisville, and ex-officio member
of

the

Board

Military

of

Trustees

of

the

Armory

Kentucky

Corp. and the
Children's
Home, at

Lyndon.
Involved

in

the

poration's holdings

Armory"
are

eight Na-

rional Guard. armories at

Lexington,

rodsburg,

cor¬

Carlisle,

Williamsburg,
HarSpringfield,

Richmond,




pay

a.

of

that!' program.

sum

its

out

present;

the armories" in

about

to

suance

Kentucky (State of)

to

"wipe

bonds to

new

cover

is¬

the;

--

Vermilion

addi¬

$250,000 in. the

;

O.

(P.
1

Drainage

Issue

Parish

,

//

•

79

Waltham

Band

?J-

MICHIGAN /

Details—The

?

$85,000 Gray-, Feb.
1, 1943 at his office, at par
ity Drainage District No. 2 impt. and accrued
ham said would have to be the,
interest, $5,000 re¬
bonds .awarded. Dec., 2;1
,tp; Glas & funding bonds of Aug. 1, 1941,
6%
type,
whereas
the- present
Crane of New Orleans/ as re-.;
Nos. 2f to" 25 incl.; due on Aug. 1
armory
bond issue bears 3%%
ported in v. 156, p. 2266, were in 1949 and 1950.
interest;'
sold at a price of lQO.OQLand are
The armories, he added, were
Detroit, Mich.
divided as follows: $79,000 2%s,
tax

levy.

These bonds., Mr. Gra-;

Bonds

Sold—An

$12,500 Supervisors Dis¬

Separate Road District

refunding, bonds has been sold to
J. G,

Hickman; Inc., of Vicksburg;

3V2S, at par.
Dated Oct 1,
1942.
Legality approved by

as

Charles

&

Trauernicht

Louis./,■'/• /■■',

St.

of

7..v7:';/ ; 7 ,//

LauderdaleCounty
B

d

0 n

Miss>,

Oi Meridian),

(P'.

■■

Belding, Mich.
Bond GalL-Clayton Knapp, City
Treasurer, .calls for payment on

of

trict No. 3,

Na¬

(P. O. Carrollton)

District

Road

.

O:

0.83

!

7y

St

MISSISSIPPI

''

■

Abbeville), La.
District No,,

:

;

to

of

as

Carroll County

•>

*

Refunding Approved—The State

Co.

&

1.60s, at a price of. 100.13.
highest bid of 100.11 for
1.60s. was made by. Kahnan & Co.
of Minneapolis.

$49,000 4%
funding bonds was
is
the
approved by the State Local Fin-;
Due
would- have to1 pay the refund out Police:
Jury
proposes
to -issue: notes at 0.385% discount.
a nee
Officer.
!
of- the treasury. - In the case of: $90,000 not to exceed 3% interest, July 15, 1943,
The First Boston
Hickman County
the armory setup alone, Mr. Gra¬ certificates:, of
highest
bidder,
indebtedness; in Corp./. second
ham
said
with ". a
the
Commonwealth; connection
(P- O. Clinton), Ky.
refinancing- •named a rate of 0.424%.
Local

22—v.

Dec.

awarded

Second

Waltham, Mass.

'it'up

<

offered

2083—were

p.

>.

&
V..

—

,

,

...

Press-

;

Sale
The $30,000
improvement certificates of

indebtedness

tional Bank of Waltham purchased
(P. ,0. St. Bernard)! Lc& y
t
Plans
Certificate
Issue—The on Dec) 29 an issue of $200,000

State, which,in reality,:
"holding
company,",

Additional bor¬
to the

Certificate
street

issue

1904.

and

Bros;

Salomon

the

debt limit in

Spring Grove, Minn.

National Bank of. New York, F. S.

,

Act

at

a

First,

•

,.

of

authority

seek

of the legal

outside

,

8

will

rowing would be subject
anticipation notes of-; statutory debt limit.

.

.

to

revenue

Financings—

connection with plans for an air¬

Moseley & Co., New York; Na¬
tional Shawmuf Bank, Merchants
National Bank and Arthur Perry
New Orleans, La. v1 f
& Co., all of Boston, at 0.65% in¬
Bond Call—Horace Pi Phillips,,
Secretary Board of Liquidation,: terest,. plus a; premium of. $50.:
Dated Dec. 29, 1942, and due .Oct.,
City Debt, announces that court!
house bonds Nos. 401 to- 420;' both- 15; -1943.. - Other bids:
-Lr-V:,;;;''•• int. Rtite Premium
.incl.,. have' been, called for pay-., First?.Bo ;toil Corp, and Chcm;
v
ical: Bank & 'Irust Co.
•ment on Jan.. 1,1943.
0.70O-:$71
Bonds will
Halscy, Stuart-& Co.;Inc;.I 0v78
93
be redeemed in accordance • with; OI'iw Natlcnai Bank Ot itftw
:
Section

"holding

have'

the

to

the

taxes

said

the

that

of. such

payment

Graham

-pfmy"

issue

for

taxes, and that* such
paid-under protest."
Mr.

Greensburg), Ky.

thereof

claim

after

meant

Approved—An

poli¬

any

interest hereon,

that

months

KENTUCKY
Green

or

is made to said trustee-within, six

2082—were awarded to the

Carlton D. Beh Co. of Des

Kentucky

subdivision

receipt

improve¬

Dec.

of

Boston,
GOO

/ r"

Airport

approaching session of the
State Legislature for permission
to
issue
up
to $3,000,000- bonds

4.07 %

were

inr 1940

1939.

in

the

Note Sale—The issue of $6,000,-,

/;/v/-! j

of the ownership hereof or of the

Sale—The $27,304.66- spe¬

assessment

obligor

they

city

97,16%

1941.

99.02%

Proposed

MASSACHUSETTS

4%:

$56,000

road; and bridge refunding: bonds;

company")

"holding

In 1941

in

and

ap¬

(the
/.//;
LOUISIANA.
"hereby
Gooselake Consolidated School
Donaldscnville, La. r/V./';
agrees to
refund to the holder
District, Iowa
Bonds
Voted—At. an
election,
hereof any ad valorem or income
r
Proposed
Bond
Issue — The
taxes which may be assessed here¬ on Dec. 15 the voters authorized:
Board of School Directors is con¬
after; against- the holder by the an issue of $80,000 airport com
sidering. an issue of $30,000 re/ United States or
by the Common¬ si-ruction bonds-.7;7/;/
IOWA

in 1-933;

estate

were $20,282,165,
levy of $30,334,442.
Collections in previous years were:

,

Trust

Real
to

the

1942

as

24.

100.21%,
delinquent taxes.

5%

against

pared with the record low of 3%

,

,

personal

unusually

Total' collections

tax

for

Dec.

on

including

National

reported

and

were

collections amounted

-

R.

Exceptionally

1942, amounting to an
99.74%, City Comptroller
Turner informed the City

Council

of

:

■

taxes

1

in

Or J.

Bank
of
Portland
0.48%; Firs,
'
Boston Corporation 0.525%
plus
(If. O. Stanton), Ky.
>
'
Bonds
Approved;— The- State; $4 premium; Leavitt & Co., N.
City Treasurer John
Local
Finance Officer
has- ap/ Y.; 0.613%.

County

'7
Minn,

overall

Other bidders

1943.

Fund

par.

•! Note
Tax
Sale—The $1,000,000 tax
Collections
Good—Real estate
7Y / anticipation notes offered Dec. 28

proved -an issue of $113,000 4%. were:
First
National
road- and bridge refunding bonds. Boston
0.48%;
Canal
Powell

Sinking

Minneapolis,

i///;; to the National Bank of- Com¬
Whitley City), Ky.
merce
of
Portland,
at
0.474%
Approved-— The
State discount,
Dated Jan. 4, 1943, and
...

the

Commission, at

O.

Bonds

v

by

PortlandMe.

—v.

./ ■•■;/'.- .7
Should the Government Succeed

Ind.

District,
Sale—The

Bond

ruling. J.;;

77/'/

district.

funding

Officer;"'..yj'.-j.

"came of the City of Indianapolis, of the Commonwealth and in dis¬
■for the use and benefit of the regard of the Court of Appeals':
sanitary

J

bonds ; has!
approved by the State Local

$30;000

chased

of

cer-

Charles

Legality,

Approved

Trauernicht

&

of

—

St*

.

Louis have approved the legality
of the following

$52,000

2%

refunding bonds:
$7,000

county,

2V2%

Separate Road1 District. No. 1 and

Separate Road Dis¬

2/2%

$5,000

All of the

trict No. 3.
Oct.

dated

bonds

1942.

15,

,

are

7

•

,•

*

built-

at

a

time

when

the

tucky National Guard-units-

Ken¬

due $3,500

were

Feb. 1/1946 and 1947,

Offerings

Wanted—Charles

1950. 'incl., Oekman, City Controller, will re•ceive sealed offerings until 10 A
1954 inch,
M. (EWT) on Jan. 5 of approxi¬
$5,000 from 1955 to 1958 inch, and
quest and instance of the Federal
$5,500 from 1959 to ' 1962." incl/ mately $21,000 bonds for the city
Government."
If
they had hot$6,000 2V2S,
due Feb.
1/ 1963. sinking fund', general' division. No
been built, he
added, the guard
bonds maturing, beyond 1959 will
units of the eight, cities "would Principal, and interest (F-A) pay¬
be accepted and offerings will be
training in "inadequate quarters";

and

not

were

constructed

"at the

have been acceptable to

able

mil¬

The Commonwealth's payments
the bond issue amount to the

on

approximate rental Kentucky was
paying on the- quarters that w;ere

being
were

used

by

before

built.

p r o g r a m,

the

the

Under

the

guard;

-new

the

-

1948
.1951

from

to-

regi¬

armories

the

at-

Chicago.

,

Vermilion

National

Bank

.'

..

Parish

•

,'

'

Drainage

tricts

of

Bond

/ '

puted from the dollar price as of
Jan.

5; 1943,
7

15

21-—v.

awarded

-156,:- p.

to

•i;.-

••

County

(P. O. Pontine), Mich.

Drain. Bond

Decision—The fol¬

1994-7 lowing'..item .appeared

Charles

P.

"Michigan

(P.

O.

Cut Bank), Mont.

Boiid Sale—The

$24,000 refund¬

ing bonds offered Dec. 21—v. 156.

awarded

2083'—were

p.

to

the

State Board of Land Commission¬

ers;
was

as

2.V2S, at

par.

Only

one

bid

received.
NEW JERSEY
Gloucester

Oakland

,

Tigre Drainage District bonds, of¬
were

aecepted-on the basis of the high¬
est net yield to the city as com¬

Dis-

(P. O. Erath), La. v
Sale—The $50,000 Bayou

funding fered--Dec.:

Commonwealth

-

Commerce, New Orleans.
Legal
opinion of Chapman. & Cutler of

"

Glacier County School District No.

to

re¬

itary' service."

ments

from

$4,000
$4;500

MONTANA

G.

Investor"

of

Refunding

City, N. J.
Application Filed.—

City's application to refund $1,809,000 of outstanding bonds was
recently
referred
to- the
State

in
the
Dec. 26: Funding Commission.

>Volume

28.

Jersey (State of)

New

•

'

Rail Tax Case to Be

Resumed—

in the litiga¬
tion concerning the constitution¬
ality of the 1941-1942 railroad tax
•settlement laws' had been pre¬
sented to Vice-Chancellor - Jayne
The main arguments

Dec.

on

•case,

,12 and argument of the

instituted by State Attorney,
will be. resumed
6,
The legislation at. issue

General Wilentz,

-

•Jan.

'cancelled, more than $20,000,000 in

.

.that accumulated the last 10 years.

had refused

carriers

The

assessments,

the

.

to pay

chal¬

.having

„

:

.

As

result

a

back

the

of

and

latest

re¬

and after the depression.:
duction it is estimated that the
The 1941/Legislature extended
tax
notes
at;
tax rate for 1943 will be $5.25 for
formal acceptance of the moneys .0:63% interest; Due Aug. 27, 1943.; the moratorium until July 1, 1943., ■
each $1,000 of assessed valuation,
the holder of a'
by Hawkins,) but provided
and their distribution among mu¬ Legality - approved
which will be necessary to meet
nicipalities. :/
a/AA'a ; ••■A -%/•-; Defafield..Longfellow of New; mortgage made before July 1, the
proposed budget of $7,967,709.
The money was paid on-account York City., The County Trust Co.,, 1932, would be..permitted to start.
of
tax
arrearages < aggregating White PI a ins,' second highest bid-! foreclosure proceedings unless the!)The $5.25 rate would be the high
est since 1926, when it was $5.78.
$34,000,000 -'which -had
accrued? cier-,. named: a„ rate. of-.0.79%... ,* J .owner of the property began to The 1942 rate was $4.95.
amortize the unpaid principal at
over a 10-year period while- most
'New Rochelle, N. Y.
,;
! the rate of 1% annually. The first
West Haverstraw, N. Y.
New Jersey railroads sought un¬
Bond Sale—The $120,000 coupon
To Issue Bonds—The Board of
payment was due on Oct. 1 of
successfully to ha.ve the State's; or
registered funding/' bonds of-; this,
year/ ,The payments are due Trustees recently announced in¬
railroad tax laws, declared invalid, fered Dec. 29—v.
156, p. 2266—
on a quarterly basis.
tention to issue bonds for the pay¬
in the courts.
Legislation enacted;
City,

"penalty-interest"- against arrear- Chancery Court. Injunction, ob¬
ages in, railroad franchise taxes tained by Wilentz has prevented

,

furnished

the successful bidder.
.two or -three - years, as, would: lyn, N, Y., legislator also anA certified check for $1,280, pay¬
"naturally "be the" case iri serial pounced his /intention to sponsor
J
able to order of the city, is re¬
a measure providing for suspen¬
bond issues, the Bureau says., /
sion of the compulsory amortiza¬ quired.
T.
Wilentz, whose -challenge of
Eastchester
tion payments on all mortgages
the- constitutionality of 1941 and
Westchester County
A(P tO. Tuckahoe), N. Y.
bearing 4 Va% interest 'or more.
1942 railroad tax compromise laws
(P. O. White, Plains), N. Y. '
A'-Note • Sale—The
County- • Trust; The proposed suspension, he said,
had tied up about $17,000,000 -in
Valuation
Reduced—
"of White Plains purchased on Dec.; would be effective for the dura¬ A Assessed
tax payments by major New- Jer-,
The
Westchester
County
Tax
28 an issue of, $200,000 tax notes,
tion of the war, /
sey lines for'many months,- said
Commission
announced
recently
at 0.57%-interest.
Dated Dec. 30.;
The
original moratorium law
Dec. 22 he would" not object to
that the new assessed valuation
•1942, and due June 23," 1943. Le-I provided' that no open mortgage
their formal acceptance and" dis¬
of the county for 1943 is $1,515.gality approved by Hawkins, Del-] dated before July 1, 1932, could
tribution,. /A/
y
V. A;A •
afield & Longfellow of Ne\y York, be foreclosed for default in. the 70.1,681, a reduction of $51,789,338
Certified checks totaling about
from-2942.
This is the greatest
C i ty A. The First National Bank:
payment of principal if the prop^
$17,000,000 are- in the technical
reduction in a single year since
of - Boston, next highest bidder,,
erty owner paid the interest and
custody of State Treasurer Robert;
1933.
The valuation has gradu¬
named a rate of 0.77%.
A/A
j; real -estate/ taxes.:
This statute'
C. Hendrickson and State Comp-;
ally gone down since that year.
troller
Homer, C.-'/Zink, ..but-ca 'A'Note; Sale—The First National; was extended from yean to year:

(State of),
Rail Tax Funds
General David

'Refunding Approved—=The; re- j ,\„
New Jersey
funding plan was approved by the;
Distribution - of
.State
Funding
Commission on Urged—Attorney
Dee.

3

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

157.

Bank of Boston has "purchased an; during
issue "of

,

$55,000 "

.

.

lenged the validity of the property
fixed by local taxing
units.
After years of litigation,

i valuations

'/

legislation
was
enacted
.'establishing ,a
new
policy of
State

.

purposes and
/provision made for adjustment of
; past-due payments. The constitu¬
.assessments for tax

tionality. of the enactments is sub¬
ject to/Chancellor Jayne's de¬
cision,
(A detailed statement by

-

•

were

up-!

1942- cancelled

and

1941

in

awarded to the National

Bank

of .New

Yor 1a

ment of

Onondaga County

at:

1.10s,

as

•

$20,000,000

current

claims

the village.
The Board
a
resolution
instructing
Village Treasurer Louis DeCarolis

in interest a.price of 100.049, a basis of abonl
(P. O. Syracuse), N. Y.
penalties owing, on the $34,000,000, 1.08%A - Dated Dec. X 1942,. anB
Bend Offering—Nicholas Pirro,
State Treasurer Robert C. Hen-'
in unpaid principal and gave the, due
$30,000 oh Dec. 1 from 1943 County; ,Treasurer, will receive
drickson on the railroad tax mat-. lines
up to 20 years to pay- off; to 1946 incl.
Other bids: "' a"(A ; sealed'bids"until 2 p.m." (EWT) on
Ater was published in V. 156, p.
the $34,000,000.' Av A ■ ...'.A/A! AA
.Bidder—
-"..A Int. Rate Rate Bid- Jan. 8 for-the
purchase, of $350,000,
;2178). y
-Mr. Wilentz's court action seeks' H.a!seyi':Stuart & Co., Inc,.- 1.2CA
101.109 !
mot to exceed 5% interest general,
& Co., Shtj-wood
-,
S ,1 Chancellor Jayne's decision, ac- to invalidate the cancellation of C P. Chi ids cuitf Nevvburferi
G'6:\
7 \
1942-1943
series
A
coupon
or
•'cording to local press reports, will interest penalties and the install¬ —-Eoeb .&■■■ Co A-'.-"A,.,,;, /..Ai. 1.20/;
100.084 1
Giahapi, Parsons, & Co....: ; u-;,
loo.os j registered
home
relief
bonds;
•: affect the State's entire tax struc¬
ment methods fob paying off prin-j Bacon,: Stevenson &
100,016 !
Dated Jan. 1, 1943.
Interest' Jf-J.
ture.
It will come at a time, when
.Blair -& Co:,Tnc.r add-George
•
•
cipal on the, theory they consti¬
B: Gibbons. & Co. /h.:,
1.40
100.15 i Denomination
$1,000.
Due Jan. 1,
the Legislature has under considtuted an illegal
"gift" of Sta.t'e1 R. fD. White & Co;. ,• 1.40- - 100.105 '
of

ward

against
passed

•

~

to

T

make

in

motion

a

Supreme

Court for. permission to issue the
bonds.

,

NORTH

,

■

DAKOTA

N. Dak.
$2,500
bonds offered

Crystal,

-•

Sold—The

Bonds

munity

.

hall

com¬

Sept.

1944 to .25—v/156, p, 908—were purchased
funds to private corporations,
j
XXXp. New York, N. Xi'H -'A'-i 1948, and $40,000 in 1949 to 1953. on Oct. 15 by the State Land De¬
of. taxing intangible property and
i Rey.enue Bifis Sold—City Comp-! Rate of interest to be in multiples partment, as 3s.
Governor Charles Edison is con¬
trailer Joseph D. McGoldrick sold of Va or one-tenth7 of -1 %, and
sidering general revision/of all
OHIO
Buffalo Sewer Authority, N„,Y.
on Dec. 29 an offering of $2.5,000,-:
must be the same for all of the
taxing methods, y
// : A;A:A Aj.
Financial. Status—The 1 current 000 revenue bills at 0.55% inter-. bonds.
Principal
and
interest,
A
Cincinnati, Ohio
I > While Wilentz's case, instituted
"est "They are dated Dec- 30,1942,: payable in lawful money at the- i
Bonds
Authorized — The
City
in opposition to Edison, does not report of the. Buffalo Municipal
Research Bureau,- Inc.,
contains "and'-X consist of$10,000,000 due. First Trust & Deposit Co. of Syra¬ Council recently approved an is¬
•. challenge
the revised method of
the/ following- summary
of the March 8, .1943, and $15,000,000 on cuse, or at the Chemical Bank & sue of $10,000 2% street improve¬
A
taxing the railroads, it does ques¬
The participating, Trust Co., New, York. Issued for ment bonds.'; Dated Jan. 1, 1943.
above authority's / annual1 report April 16, 1943.
tion
the / Legislature's. right
to
for the year ended June 30, 1942/ bonds and trust -companies and the purpose of providing funds to, Denom.
$1,000.
Due $1,000 on
/make a compromise on .past-due
the •.individual allotments follow:
: '
''■■AA A; A
Revenues' "
"A -.A ■
■'
pay for home relief in the county. Sept. 1 from 1944 to 1953 incl.
taxes:
A;v; 'A '.. ;Ar; '■
A'/ //;A':/ .
-"V. ;V A AAA.
V • ■> 1940-41; '' 1941-42 1
/Name AA,
The period of probable usefulness
'
.'Amount J
The main points argued Dec. 12 Sewej* Rents....,., .'...§1,470,063.05 $1,473,174.76
Cuyahoga County
of the' object or purpose
National,
Bank;
A
Interest
and
Other ? ,.AA„-is 10.
1 Chase
Svere whether the tax. settlement
Income
(P. O. Cleveland), Ohio
....,,,./ -.;
14,613.63
15,070.41 A New York/A::A:'f^A$4,750,000 years, / The county operates under
laws carried a legal consideration
Debt
Reduced
$12,000,000
in
Total Revenues V./ ,$1,484,676.68
$1,483,245.17 National
City A: Bank, " /,"/ ,'/ ! the. County Law, and the proposed,
or return to the State by the rail¬
Decade—John A. Zangerle, Coun¬
/New York;
3,610,000 issue is authorized by the Social
roads
and
whether
the 1% a
-'A'. VAA/.
Expenditures
/ ;A' A/VA'}''
ty Auditor, reported Dec. 26 that
Guaranty
• Trust "A/ Co., - A y.
:'' Welfare-Law being. Chapter 55 of
month interest on railroad tax Operating
731.103.44 $ 715.481.53
the county had; reduced its bonded
eration

•

revision of the method

a

as

.

follows:

$30,000. in

.

•

.

..

"

.

.

.

,

.

_

.

•

•

.

•

.

arrearages was

interest or penalty.

Wilentz contended the State re-

-

-

nothing in return for the
and that the interest

ceived

'settlement
'

was

A

penalty.

no

He argued the

Legislature violated the constitution and made a ''gift" to the rail¬

I
•

roads.

i

Herbert J. Hannoch

-

and Josiah

Stryker, counsel for State Treas¬
urer Hendrickson—who is defend¬

A

ing the suit—contended there was
consideration because the rail'

taxes

agreed to pay their
drop" all pending

had

roads

on-

time,

-litigation, and that the. State now
a
means
of acting directly

% J has

•against each• railroad operator to
: collect taxes while it had np such
legal right :before. -

Stryker contended the courts
already have decided the 1% a
month
interest was
a
penalty.

:
'

/New York/■AJvAAAAA 3,310,000 the- 'Consolidated Laws.
In the
debt by $12,000,000 in the last 10
j
event that prior - to the delivery
service
- 118,409.00
121,251,00. Bankers - Trust Co/, "New - "
years, and
at the close of 1942
A York, t:-'—2,020,000 of the bonds the income received
Tctal
Expenditures,81.441,556.77, $1,442,978.31
the amount owing will be $34,Central
Hanover
Bank A -/V
by - private .holders from bonds- of
.580,200. The county, debt was at
Excess
of
Revenues
V*
"
' *
5 .A & Trust
Co., New York 1,875,000 the same type and character shall
Over
Expenditures. .$
43,109.91
45,266.86
its lowest level in recent years
First
National
: Bank, '//•%/ v■;Abe taxable by the terms of any
in 1928 when the figure was $26,New York
1,265,000, Federal income tax law, the suc¬
Sewer Rents "'
.*
!
343,755.
It amounted to $46,025,Irving Trust' Co., New1' A ' " ' cessful bidder may, at his: elec¬
A The revenues from sewer rents
250 in 1933 and has been decreas¬
; York
1,250,000 tion, be relieved of his obligations
Debt

Service

.A.

592,054.33

v.;;

Debt

for

Reserve

A 005,245,73

■

derived in part from

general

ing since that year. Providing no
the" contract to- purchase
new debt is incurred, the present
bonds/and in such case the'
calendar shows that the county
Baiik: of The Manhattan " " /
/ :
deposit accompanying his bid will;
and the remainder from taking
will be. entirely free of debt in
Co., New York
975,000 bq*. returned.
The bonds will be
care of sewage received- into thd
1967.
Chemical Bank & Trust
valid and legally binding obliga¬
Buffalo system from the City of
Frazeysburg, Ohio
A - !
and the!
Co., New. York—975,000 tions - of the " county,
Lackawanna, the towns of Cheek-t
Bond Sale—The $8,000 fire de¬
J. P/Morgan-Sc Co. Inc;
950,000 county will have power and will
towaga, Tonawanda, West Seneca^
Corn
be obligated to levy ad, valorem partment bonds offered Dec. 26
Exchange
Bank,
"
■
and the Village of Sloan.
In 1941Trust Co., New York.
700,000 taxes, upon all the taxable prop-; —v. 156, p. 2179—were awarded
4.9 thV nmnnnt<3 wBTP*
A
<
were

city taxes of Buffalo, -in part by an
addition to the city-water bills!

M

f

r

T

,

pt '/
/'New York.
1,075,000

under
the

:

^

42 the amounts were:

.......

Buffalo

Outside

water,

of

-•

cityA"

Buffalo g eric r a 1
taxes A
4.;

■

bills.

■

.

45.2 A
b2_.SfM

$ 665.244,17 or
/ 770.197B0, or

Buffalo./;.;,/

.

,37.733.59 or

'$1/473,174,76

-

2,5'Jo

100.0%

or

Bonded B,eb^ J
>
bonded- debt at JuneA30j

New- York
Bank

-

Brooklyn

Ohio Co.
of
Columbus.
erty " within the /county for the to the
300,000 .payment- of the bonds and interest Dated Jan. 1, 1943/and due $1,000
275,000 thereon, without limitation of rate on Jan, 1 from, 1945 to 1952 incl.

700,000!

Trust Co

of- New

York

Trust

Co

"* "

Public National Bank &A
-•Trust

or

-

Co., New York. / 250,000

United States Trust Co.,

amount.

kins,
New.

•

The opinion of Haw¬

Delafield &
York to

Underlying / point;
behind his
•//New York
200,000 furnished to the successful bidder.
The
argument is that the Legislature
a
certified
check", for
! Enclose
1942, was $9,673,020, -a reduction Fifth Avenue Bank, New -A :
properly - can compromise a pe/A—.
of $251,000" in/principal amount "/.York
175,000 $7,000, payable to * the County
V. nalty but might not be on as firm
during the year{. - Interest in that Marine - Midland -Trust '■■/■ '''A-A-.:/ Treasurer..i X-a."//■„.;Ai
ground in dropping an interest
year's, debt .service- was.. ,$355,-j. ; • •/ Co. A New York- f - - i -/-175,000
charge. • .-AAA; .aA A/ A .A. /AAV
,!'//:/ Port Jer vis, N.\ Y.:
Continental Bank & Tr. ••/!;
Hannoch reportedly said. • that; 245,73.. The sum of $.121,251 also
Bond Offering—John F. Cleary,
was paid: into- a reserve fund fQr
Co., New. York,-.——
' 125,000
had-no compromise been reached,
City. Clerk, will receive, sealed
the
Lehigh .Valley and. Lacka- the/debt service -of the fukire, in Kings County Trust Cq._/• 75,000 bids until 2
p.m. (EWT) on Jan. 6
Commercial Nat! Bank
A ; ;i
wanna
railroads probably would accordan ce. witjl bondholders',
Ill this debt" reserve j ;& Trust Co., New York /, 50,000 for the purchase of $64,000 not tq
have gone into bankruptcy. - and agreement,.
fund there was a total sum of Empire Trust Co., New; ■
i exceed: 6% int. " coupon or regis.;
their, taxes for last, year and this
$479,968.6,6.
The Authority / has '.York
50,000 refunding bonds. Dated Jan. 15,
year, paid in full,, would have
Denom. $1,000.
Due Jan,
j 1943,
been more difficult to collect.
He set aside, in addition, a general Title Guarantee & Trust/ A
Co:; New York-—— •
50,000 15, as follows: $10,000 from 1950,
reminded the court the compro¬ reserve, fund of • $250,000.' up to
to 1955 incl. and $4,000 in 1956.
.'v
/ -'
mise cancelled no arrearages and June.- 30, 1942, -^A
// / / >. New York (State of)
j Bidder to name. a single rate of
The" original Issues. / at bonds
the $34,000,000 which the carriers
; Regommends
rRelaxation
.of interest, expressed in a multiple
; owed in back taxes, is being paid totaled $10,363,000, .of. which $302,4
Principal!
000 were paid in the- fiscal:year/ Mortgage Moratorium Law—The ofr Va or 1/10 of 1%.
off in. annual instalments.
Legislature,
which and interest (J-J) payable at the
1939-40; and in subsequent yeaps new.; State
-

,

Lowellville,

Longfellow of

this effect will be

Ohio
Lowellville

The

special

sidewalk

3%

assessment

bonds.
West

-

Bond

.

-

Ohio

Alexandria,

Sale—The

$13,000

fire

bonds offered Dec. 29
156, p. 2179—were awarded

apparatus

-

.

—

Savings & Banking Co. purchased
on
Dec, 23 an issue of $1,752.32

,

,

Sold

Bonds

—v.

to

J.

nati.

A.

White

&

of

Co.

Cincin¬

$500 on

and due
March 1 and Sept. 1 from

1944

1956

Dated Dec. 1, 1942,

.

to

incl.

,

,

OKLAHOMA

-

.

•

.

declared

Hannoch

numerous

and $251,000, respectr convenes in January; "must/ relax;
ively, a total of $692,000. Interest "the amortization provisions of the
law be-,
unless it is in clear violation o| nates range from 4% ,to,> 2.6%- an "mortgage. A moratorium"
the
constitution
and ' that
the average, of about r3.6%./. Large^ cause off wartime- hardships-: facjudiciary, has no right to infringe payments on .the principal of the ingsmall property owners, it was
said
debt and decreased interest pay
recently by Assemblyman
on the Legislature's powers unless
ments are probable after the next Eugene F. Bannigan. The Brook
there is a clear violation.
/
court rulings have held, a legislalive Act will not he invalidated

,

•

'

'

f

$239,000

,

,

,

Commercial
William

$26.00
and

per

year;




election may

tem

bonds.

Bond

be held

•

.

Publisher:
Other
Copyright 1943 by William
Possessions,
Britain. Continental Europe (except Spain), Asia. Australia
advertisements must be made in New York funds.

B." Dana Company, Publishers, 25 Spruce Street, New York. BEekman 3-3341. Herbert D. Seibert, Editor and
published twice a week J every Thursday (general news and advertising issue) with a statistical issue on Monday!.
Representative, Field Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers' Gardens, London, E.C.
February 25, 1942, at the post office at New York, N. Y:, under the Act of March 3, 1879. Subscriptions in United States and

in Dominion of Canada, $27.50 per year.

Africa, $31.00 per year.

Election —An
on the ques¬
tion of issuing $35,000 water sys¬
Proposed

City Treasurer's office4 or. at the
OREGON
option of the holder in New York
Clatskanie Peoples Utility District
exchange... The. bonds, are un-.
(P. O. Clatskanie),
limited tax obligations of the city,
Columbia County, Ore.
and the approving legal opinion
Utility
Purchase
Bond Issue
of Hawkins, - Delafield & Long¬
fellow of New-York City will be Validated— The
State Supreme

and Financial Chronicle (Reg. U. S. Patent Office) William
Seibert, President; William D. Riggs,' Busineiss Manager/',

Dana

Chicago—In "charge of Ered H. Gray, Western
B. Dana Company.
Reentered as second-class matter

offices:

Vinita, Okla.

•

South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great

NOTE: On account of the fluctuations in the rates of exchange,

remittances for foreign subscriptions and

THE COMMERCIAL & FINANCIAL CHRONICLE

4

Court

these

Cir¬

affirmed

23

Dec.

on

Judge H. K. Zimmerman of
"Columbia County in holding valid
West

the

chase
The

of

issue

Pur¬

the

(P.

election

the

charged

the

funding bonds

ballot

election

1, 1943.

.aid not contain an adequate state¬
ment of the

in not putting the full is¬
for sale, and in providing
earlier redemption of some of

for

The

Directors

Tenders

exercise

to

their

callable

are

trict plant, to

part

the bonds

the

as

situation required and to
build

dis¬

a

issue or redeem any

all of

or

construct

or

power

acquire

transmission system.

a

Texas

Wanted

*— George
Secretary, will

bonds

and

bonds.

Funds

available

of

$4,734

$6,469,

and

offer

less

at

than

the

will

and

Bond

Details—The

Sale

$5,500
funding bonds awarded Dec. 17 to
the Union Trust Co. of Butler,
as
reported in v. 156, p. 2267—
were sold as 2s, at par.
Due Dec.
1, as follows:

$1,500 from 1943 to
inch, and $1,000 in 1946.
high bid of 100.13 for 2V2S
was
made by Phillips, Schmertz
"& Co. of Pittsburgh.
1945

Second

Scott

School District

Township
(P.

O. Carnegie), Pa.

Bond Offering—James H. Pres-

District

cott,
ceive

Secretary,
bids

sealed

(EWT)
chase

Jan.

on

of

bonds.

1

Dated

Due

the

for

p.m.
pur¬

school

1, 1943. DeFeb.
1,
as

follows: $1,000 in 1944 and
in 1945 to 1959.
Bidders to

the

of

rate

re¬

8

coupon

Feb.

$1,000.

nom,

will

until

14

$31,000

interest

past.
Other members
underwriting group were:

the

Trust
&
Savings Bank,
Chicago; Lazard Freres & Co.,
Glore, Forgan & Co. and C. F.
Childs & Co., all of New York;
R. S. Dickson & Co. of Charlotte;
Stroud & Co., Philadelphia, and
Scott
&
Stringfellow of Rich¬
In

columns

on

less

County
(P. O. Houston), Tex.

Seattle,
Bond

City

Comptroller,

bids until

$2,000
name

in

series

Nos.

B

road

1301

to

and

bonds,
15,

bridge

1350, dated Jan.

for

estate taxes, inaugurated in
1942, proved very successful. Ap¬
proximately 17,000 taxpayers took
advantage of this method.
Of a
total of

$3,100,000 installment ac¬
counts, only $100,000 became de¬
linquent.
It is proposed to have
legislation enacted extending the
installment payment privilege to
personal property taxpayers.

uation

of

all

again showed

will

lars.

This figure, however,
dollars below
the

842

Aug.

receive

of

the

sonal

in

increase

for

Voluntary

funding—Under

a

the

limit

40-mill

tax

assessed

was

on

due to

property,

ventories

the

1942

per¬

large

in¬

added

and

Debt

Re¬

modification of

conditions, few
improvements
can, or will, be undertaken during
the

war

public

war.

Nevertheless,

ficials

again urged,

cluded

an

of¬
in¬

city
had

and

item in the tax levy, to

build up reserve funds which will

be

available when

the

work

can

proceed.

Meantime, a committee
is working on a long-term pro¬
that when the time

gram so

the

improvements

comes

be made

may

and

importance, and consistent with
good
planning.
Such
projects
may be helpful in relieving post¬
conditions.

war

4/,,/

dol¬

is 74
peak
valuation of 1,016 million dollars
reached in 1930.
A large portion

/'

*

,•

Delinquent Taxes

■

•

.

•

v'

Continued

improvement is
noted in the liquidation of out¬
standing delinquent taxes. How¬
ever, during the worst years of
the depression many parcels of
property became tax delinquent
and

abandoned

their

by

owners.

equipment,
especially in the larger industrial

Since taxes become outlawed after
fifteen years, the city, in a few

and

more

manufacturing establishIf the city should be pro¬
in

placing

the^assess-

on

rolls the value of materials

and

equipment used in war pro¬
duction, the effect on city finances
may be serious'.

municipal
revenue bonds.

previously scheduled
12, but was cancelled—
558.

Considers

million

million

$7,900,000

power

property
increase in 1942,

it

ment

C. Thomas,

Jan. 26 for the

on

taxable

an

when

totaled

Due to

in the order of their necessity

Valuation

Assessed

Continuing the upward trend,
resumed in 1941, the assessed val¬

General
Real

City

estate and

prop¬

erty taxpayers have been assessed
a little less than 62%
of the cost
of

municipal government for the

year

1943.

sents

revenue

will have to clear its

years,

books

only

of

such

items.

If

it

were

bookkeeping transaction to
cancel the taxes, there would be
no problem.
However, since ap¬
propriations
and
expenditures
a

have

been

made

in

consequence

of those tax levies, it will become

Revenue

personal

was

156, p.

v.

noon

of

and

light

been made

Wash.

Offering—W.

The sale

for the payment at the Chase Na¬
tional Bank of New York, of 3%

real

hibited

un¬

interest.

permanent

installment plan of paying

ments.

WASHINGTON

total

of

price

Bond Call—Call has

Dec.

21, page 2180, the
item 'was
erroneously captioned
"Norfolk, Va." ,

respectively.

accrued

basis.

The

valuation

reporting the award in these

purchase

Township Road District
R. D. 1, Butler), Pa,

O.

recent

mond.

Harris

(P.

of the most successful opera¬
tions in the municipal market in

W.

PENNSYLVANIA
Center

by

Installment Payment of Taxes

one

toward

bonds

discount

a

par

1963 incl., and were reby the successful group
yield of 0.50% to a price

a

re¬

and

considered

be

Jan. 1 from

refunding

revenue

redemption
No

works

water

system

sewer

on

Harris

on

1, 1945, at par and

City

to

1943,. mature

according to maturity.
were quickly absorbed
investors, the offering being

of

af¬

ceive sealed tenders until Jan. 31,
of
3%
series
1941
refunding

own

judgment with regard to the best
of the district, to pur¬

chase

Downie,

of the District

power

interests

or

1950,

Cisco,

Court
decision,
Justice Belt, held that
each case the voters placed it
the

1,

98.50,

the

1944

TEXAS

payment of interest.

Supreme

within

.

from

1

interest.

accrued

written by
in

1,

July

up

the bonds by

of

Due $9,000

Bonds maturing

and after Jan.

power,
sue

Jan/

The bonds

Falls

Sioux

$180,000
13/4S. Dated Jan.

as

and

incl.

Jan.

ter

making no provision for water

1

1953

to

issue and that the ordinance erred
in

of

Interest J-J.

Jan.

on

of the bond

purpose

1944

from

has purchased an issue of

He

7.

March

on

Trust Co.

the
York,
99.539, a
by

New

at

.dated

offered

County
Salem), S. Dak.

O.

Bank &

of the district at

that

DAKOTA

Bonds Sold—The First National

$237,000 issue approved

voters

Co, of

a price of
basis of about 1.552%. The bonds

McCook

Directors' ordinance issuing $175,000 of the

Trust

iy2s,

are

SOUTH

invali¬
and the

to

election

bond

the

date

as

County

the

to

syndicate., headed

a

Bankers

$157,000 annually

district and

Directors

of

for

check

Treasurer.

plaintiff and appellant, E. N.

Board

by

payable

$1,500,

Charleston,

certified

a

to

bonds

The

in

delivered

be

Enclose

district.

the

Ollile, had sued the
its

Co.

Power

Coast

bond

opinions only.

Will

cuit

Monday, January'4, 1943

The other 38% repre¬
from state-collected

of

necessary to build up a reserve
'fund to pay the taxes which will
have to be outlawed.
For this
purpose

million

one

dollars

was

included

in the 1942
tax levy.
City officials belive it better pol¬
icy to raise the reserve fund now

Seattle, items, such as income, public util¬
rather than to levy an extremely
1936.
Wash., on Nov. 3, last, David lie-,' ity, telephone, gasoline and liquor
large amount in a single year.
Chairman of the Finance taxes; state school and highway
Jefferson County Drainage District vine,
General City Pension Fund
Committee, is reported. to have aids, locally collected license fees,
No. 6 (P. O. Beaumont), Tex.
expressed the hope that the city fines and permits and unexpended
During the first years of the
Proposed
Election
on
Barge
balances from the previous year's
may now be able to refund $542,operation of the Employes Re¬
Bond Issue—A Citizens' Commit¬
000
of Lake Washington
inter¬ appropriations.
The unexpected tirement System, the city failed
tee presented
a
petition to the
cepting sewer system bonds at a increase in the revenue from in¬ to levy the full amount certified
Commissioners'" Court requesting
reduced interest rate.
The bonds come taxes during 1943 was one
by the actuary for the system.
A
an election on a proposal to issue
were issued in 1936, 1937 and 1939,
of the prime causes enabling the
portion of this deficit was in¬
$2,200,000 drainage bonds.
and
carry interest rates of 4%, city to make a reduction of $1.71
cluded in the current levy, leav¬
While our re¬
414% and 4%%.
Nueces County
Maturity is in in the tax rate.
ing $200,000 still to be made up to
1956, 1957 and 1959, and the bonds ceipts this year from the income put the system on an actuarily
(P. O. Corpus Christi), Texas
tax have exceeded by a consider¬ sound basis.
are
not
callable ' prior to those
Bonds Resold—Crummer & Co.
%
Z
However, according to an able margin our; estimate of a
of San Antonio purchased from dates.
/
Financial Management
year ago, future revenue from this
Matagorda County a ' block
of opinion rendered by City Corpo¬
By building up the reserves for
ration Counsel A. C. Van Soelen, source is very uncertain.
Drastic
$22,000 3%% Nueces County road
the modified 40-mill tax limit law changes and steep increases in the public improvements, and the de¬
and bridge bonds at a price of
would permit the city to refund federal income tax and proposed linquent tax fund, and liquidating
106.064.
Dated Dec. 28, 1938.
reduction in the state income tax a portion of the deficit in appro¬
any general obligation bonds is¬
,' ,y
•:
Talco, Texas
sued for capital purposes and levy may have a considerable effect priations to the general city pen¬
Bonds Purchased
In connec¬ for the service of such
Another sion fund, the city moves ahead
refunding on our local revenue;
tion, with the call for tenders on. bonds outside of the 40-mill tax questionable item is, our future in its plan of placing all its fiscal
,

multiples
hi % of 1%, The sale is subject
to approval of the proceedings by
the Department of Internal Af¬
fairs and the approving Opinion
Dec. 21 of water works and sewer
of Burgwin, Scully & Churchill
system revenue refunding bonds,
of Pittsburgh will be furnished/
dated'July 1; 1941,-it was reported
Enclose a certified check for $750,
by J. G. Simmons, City Secretary,
payable to the district.
that
$10,000
bonds were
pur¬
chased from Dewar, Robertson &
SOUTH CAROLINA
Pancoast of San Antonio, at va¬
Charleston County
rious prices.
The following were
(P. O. Charleston),
C.
purchased:
.
■

—

Bond

Offering—E.

H.

Robert¬

Chairman

son,

Board

of
the
County
Commissioners, will re¬

of

sealed bids

ceive

(EWT)
chase

Jan.

on

of

the
to

not

road

A.

11

14 for

$150,000

interest

4%

until

M.

pur¬

exceed

bonds.;

Dated

Jan.

15, 1943. Denom. $1,000. Due
$15,000 on Jan. 15 from 1944 to
1953

incl.

after
in

Bonds maturing on or

Jan.

15,

1948,

are

callable

inverse numerical order

on

plus

a

each

-

premium of V\

of 1%

or

rates of

in

the

interest

interest

the

cost

able

of

are

printing

to

be

valorem

the

bonds,
obliga¬

general

tax upon

property within the

without

limitation

amount, and

ally

are

secured by

as

to

all tax¬

county,
rate

to be addition¬
a

Toll

pledge of the

operation of the Folly Beach
Road

in

the

county.

must

be

conditioned




basis,

the

incentive offered to the bondhold¬
ers

being to exchange a bond sub¬
to the 15-mill tax limit al¬

ject

lowed

cities for

an

unlimited tax

bond.:

\t

"

Milwaukee, Wis.

improvement bonds pur¬
by Scott, Horner

of Lynchburg,
price. df 100.50—v,

a

2180—are

dated

as

l%s,

156,

p.

Jan.

1, 1943, in
$1,000 denoms. and mature Jan.
1, as follows: $1,000 in 1945 and

1946; $2,000 from 1947
incl., and $3,000 from

state

gasoline
were

assessed locally as personal prop¬

erty, the city receiving all reve¬
nue

from that

In 1931 the

source.

state

legislature increased the gas
tax to four cents a gallon, and the
personal property tax on automo¬
removed.

was

the property tax,

annually

In

autos

the financial

been

focused

on

the

successful

last

assessed

as

per¬

property.
In addition, the
state, makes certain grants
for

maintaining

trunk

state

a

pay-as-you-go, rather
owe-as-you-go

financial

management,

CANADA

of

lieu

sonal

were

on
an

basis.
Recognizing obligations and defi¬
nite
commitments, and making
provision to meet them, is sound

Canada (Dominion of)
Plans
$100,000,000
Refunding

correspond¬

amount

an

affairs
than

the city received

ing to the amount received when

Review—In his annual review of

Issue—A

syndicate to be headed
Morgan Stanley & Co., New
York, was reported in the process
of being formed this past week
by

roads for

the purpose of underwriting
an
offeriing of $100,000,000 Do¬
city is the effect
minion
bonds
in
this
country.
gasoline rationing will have on
Proceeds of this financing would
gasoline taxes and automobile li¬
be used to
refund a like amount
cense
fees.
The uncertainty is

within the city. The problem con¬

fronting

the

of the Dominion's'5%

bonds due

prosecution of the war.
Most of
the municipal functions, especially
pertaining - to protection of life
and property, health and sanita¬

the

levy, recently minion now outstanding.
No. date has been set for the
adopted/is probably the last levy
for payment of principal on the offering of the new issue, and it
bonded debt of the city.
It is ex¬ is understood many details re¬
pected that next year the Public main to be worked out.
Under

services, education and main¬
$20,000 tenance of street lighting and pub¬

Va.

Mason

the

Formerly automobiles

biles

WISCONSIN

from

revenue

tax.

tion

Sewer

lic property must be continued
during war-time. However, some
normal activities

can

be and have

method the state will

use

in

on

allocating those revenues,

v

Bonded Debt Requirements
The -1942

in

highest

1952, which

1,

1922.

This

~

were

issue

issue of

coupon

is

is¬
the

the Do¬

tax

during the emer¬ Debt Amortization Fund will be
gency.
Permanent
public
im¬ able to assume the remaining $10,It may be
provements have been practically 362,000 bonded debt.
eliminated for the duration.
'
necessary to include in the 1943
With
Milwaukee's
reputation levy an amount sufficient to pay
been

May

sued

curtailed

1949
There¬
for sound financial management the interest due in 1944.
1950 to
1953
incl.. Callable at par and firmly established; city officials after Milwaukee taxpayers; will be
relieved of their bonded indebted¬
are fully cognizant of the difficul¬
accrued interest -on any interest
ties and responsibilities of con¬ ness.
date (J-J) on and after Jan. 1,
1948.
Legality
approved
by ducting the fiscal affairs in a war¬
Permanent Improvements
Thomson, Wood & Hoffman of time economy. Conditions change
With the intent of keeping the
New York City.
Other bids:
so
rapidly that it is extremely city debt free after the existing
to

The

Bidder—

Scott

&

P.

Cfaigie Co
Patterson,
of Powhatan..........

W.

Miller
Bank

&

Int: Rate

Stringfellow.1.40ft>

Rate Eid

100.17

iy2

100.19

1.70

100.04

2%

Par

purchasers will be furnished with
Richmond, Va.
the opinions of John I. Cosgrove,
Bond Sale—Correction—The $3,Attorney
for
the
Board,
and 140,000 public improvement bonds
Huger Sinkler, of Charleston. All offered by the above city on Dec.
bids

voluntary

the usual

procedure, the Canadian

Government will not

announce

the

redemption date for the outstand¬
ing 5% bonds until the refund¬
ing issue is marketed and delivery
of the

bonds has been made.

new

The 5s of 1952 became
on

May 1, 1942, but

funded

at

market

that

and

callable

not

were

time

because

wartime

re¬

of

conditions

,

or

net. revenues to be derived from
the

Sanitary

chased recently
&

Co., New
The county will pay

City.

ad

County

Bond Sale Details—The

public

at

tions of the county, payable as to
both principal and interest from
an

■/

.

Henrico

Principal
(J-J) payable at the

Chemical Bank & Trust

which

1961..

to

bid.

a

standing of the city,
1952.
Comptroller. William H. Wendt re¬
Bonds Nos. ,15 " to
17, to the ports the following:
amount of $3,000.
Due July 1,.
As in the case of proprietors
1953.
■
■'/,^
and
directors of private enter¬
Bonds
Nos,' 81. to 84, to the
prise, the attention of public of¬
amount of $4,000.
Due July 1, ficials
during the past year has

District No. 2

Rate

York

$2,000.

14, to the
Due July 1,

(P. O. Richmond),

named

and

of

amount

on

Comptroller's Annual Financial
and

13

for

maturity date, the maximum
premium, however, not to exceed

be

Nos.

year, or
fraction thereof
the date of redemption to

the

3%.

Bonds

.be

to

Due July 1,

$1,000.

or

after Jan. 15, 1944, at par and ac¬
crued interest to the call
date,

from

Bond No. 5,
1950.

Such refunding would have

limit.

upon

16—v. 156. p. 2085—were awarded

hazardous

to

forecast

the future.

During the present critical period
unpredictable

developments

may

completely alter the situation.
Progress in the city's financial
condition
can

be

during

reported.

the

year

1942,

bonded

debt

for,

a

permanent

fund

was

ago.
poses

has

been

generally.

provided callable

improvement part,

established several years

raised

bearing

bond

projects

are

in

issues,

financed

interest-

at

as

in

whole,

a

and

par

days' notice.

Whereas funds for such pur¬ keted
were

Under the terms of the

original indenture the bonds
but

interest

The issue

the

April, 1922, by

United
a

now

such by J. P. Morgan & Co.

cash fering price

was

in

on

60

was

mar¬

States

in

syndicate headed

on

a

are

not

par.

The .of¬

Volume

5

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4139

157

•

\

•

•

mi

Investment News

General Corporation and
RAILROAD

PUBLIC UTILITY

-

INDUSTRIAL

-

INSURANCE

-

MISCELLANEOUS

-

IT,a

The

company

equal

share on
A, stock,
initial distribution pf $3
15, 1941; none since"-*1

paid a dividend of,$1.50, per
on, the;, 6%.. cumulative,. preferred

26

Dec.

on

of accumulations
par $50, to holders of record-Dec. 21.
per' share was made on this issue on

account

An
July

$0.97
and

'

business on

the

to

Aluminum

close

of

part

.

business on Jan, 20, 1943, of exchanging all or any
holdings of said stock for shares of capital Stock of
at the-rate of ">ne share of capltal'stock

of

their

.

,.,

Stock—

Pays 30-Gent Dividend on Preference

-

declared a dividend of 30 cents per share on
the $2 non-cumulative convertible preference stock, no par value, pay-able Dec.- 31 to holders of record Dec. 29.
This compares with 65 cents
directors recently

The

share paid on Dec.

per

1936.—V,

p.

Dec,

23,

156,

•:V-

951-,

Y

•

■ ■

November—'

""Y

•/

■

1942

Net

ry.

Net

57,487

30,254

2,167,579

1,863,243

735,866

570,933

429,619

156,

267,484

New

"

'

•

expenses

♦Federal

tion

Southern RR.—Purchases

Great

Alabama

of New

Co,

Guaranty Trust

The

American

York has been

Bonds—:

,

expenses

General
Federal

Fed.

156,

873,941

1,561,086

110,154

534,367

Int.

1*

.

Divs.

—V.

156,

2093.

p.

Profit

foreign

$56,775

$1,452,595

$1,089,725

9 Mos. End.

Operating

/ I

:

U.

for

Fed.

S.

Net

$5,688,626

742,762

inc.

& excess prof,

and
foreign exchange—

701,102

on

from

income

i.

548,279

%

1203.

Y

.

21,258

$2,532,847 $12,611,647
708,573
2,787,858

$12,687,901

$9,823,789

$9,854,544

&

ether

&

$5,282,670

deductions

other
Int.

' carried

Balance

earned

consol.

691,278

deducts.__

♦Provisions

2,833,357

to.*

$1,824,274

$4,591,392

surp._

taxes for

for Federal

made

were

the nine months ended

1942, at estimated rates which resulted in an overprovision
of
approximately $2,700,000 during
such period.
Adjustment for
approximately4 $2,300,000 of such overprovision has been made by
credit to tax expense in the October, 1942, account?,—V. 156,; p. 2187.

225,347

30,

332,089

..

American Stores Co.—November Sales Up

>

21.5%—

a

He

-

■

Consolidated
1942-

Period End. Oct. 31-~

of the

—V.

Vice-President

also

has been
and
general

Operating

$972,138

President

.

(& Subs.)—Earnings—

Operation

$

:

$

Depreciation
of

742
8,640,053 104,094"

95,559,850

which

3,306,832

35,255, 196

33,458,835

routes.

432,560

5,625, 569

4,986,702

1,116,842

_________

Dec.

on

officially .opened

21

the

com¬

transcontinental cable from New York to San Francisco.
makes it possible, for the first time, to'telephone from
coast to coast over all-cable telephone facilities.
Two years of steady
construction work across plains and mountains were required to build
the new line, which runs underground for 1,600 miles.
The new line is in addition
to four other transcontinental lines

2,947,098

____________

Maintenance

Amortiz.

,»»

1942—12 Mos.—1941

Telegraph Co.—Places Trans¬
Cable in Service—

Gifford

S.

Walter

cable

8,851,266

_A_

'

new

This

515,425

revenue

„

American Telephone &
'

Mont4»^94I,

'V'

1571.

p.

continental Telephone

subsidiary, manufacturing

Income Account

13,537,359 187,316,398 141,389,671

16,451,561
156,

t.

,

company,

$

consol.

Subsidiaries

' jj»

J

£

•

i

,

engineer
is

,1942—11 Mos.—1941

1942—Month—1941

Y Period End. Nov. 30—

$625,833

j

Sales

chief

Preis, formerly
Vice-President.

G.

>

150,547

124,065

—

int.

$957,922

Vice-President—

American Gas & Electric Co.

^

$1,011,965

$1,096,203

—

25,328

4,975

4,866

bef.

"•

41,254

income

85,035

$610,963

of Amertorp Corp., a wholly-owned
and aerial torpedoes.—V. 156, p. 1412.

naval

$861,418
♦U. S. Federal income and excess profits taxes of Air America Cables
&. Radio, Inc., for the nine months ended Sept.1 30, 1942, have been
estimated in an amount equal to 53% of net income of that company
Net

109,254

'

manager

540,515

$970,711

operations.

Corp."—

82,221

________

taxes

pany's

long-term debt of All America

$2,705,865 $13,331,321 $13,475,814
92.325
351,838
382,057
75,718
\
342,508
384,593

_1—

taxes

Balance

$732,575

$795,463

A___

before Int. on long-term debt- Y' $880,498
269,535
long-term; debt of subsidiary—;—

156, p.

elected.

481,415

Cr71,770

Cr71,140

income

on

Other

1,207,451
Cr70,835

Cr59,842

income

-

Carl

859,000
'♦

597,013

Non-operating Income
''y
Int.

Total

615,039

^

American Can Co.—New

„

1,121,000

taxes

—V.

v..„.

Net

oi>erations

" 568,850

i———
amortization-

$2,685,307 $13,266,717 $13,410,230
20,558
64,604
'
65,584

874,000

1,155,087

income

-..'Net:

....

1,711,471
"" 628,434

expenses_i____—.

depreciation

for

-V-'

2,092,078

Other, taxes
Provision

1941

$6,178,169

miscellaneous

$5,462,098
16,913

above)

shown

,

repairs__,_—*"~-

and

and

General

'

,•

revenues

Maintenance

Profit

;

$2,685,307 $13,266,717 $13,410,230

&

,

i1942

of operation—.

Expenses

♦Prov.

Sept. 30—

from

Power

Co.—

as

Federal

1,292,501

1,121,000

and amortization—_
exchange—•_

Nonoperating income:

Interest on

Earnings—

(& Subs.)

1,214,016

—

depreciation

income

$5,462,098

subs.-l-

income

Sept.

Net

All America Corp.

1,241,066

expenses

and exc. profits taxes

inc.

Am.
Co. in

$5,479,011

of

Expenses
-

50,619

41,539

10,782

equity of Am. Pwr.
Lt. Co. in inc. of

Other

4,366;224
1,218,383

4,648,492

2,342,138

/

/

on

>

$2,696,089 $13,308,256 $13,460,849

17,558

$10,889,966 $10,235,338

___:

taxes

Net

:

Balance

r

for

$3,727,819
2,275,224

$3,431,863

189,082

$251,953
I /. 195,178

ctock—;

pref.

on

4,754,825

Other

531,347

1941

1942

& Light

Light
&

.

Cr77,773

to
.

of

equity

American

■''.V

15,801,879

Cr219,927

1,792,946

public____

income

Net

15,942,892

$4,489,025 $20,480,007 $20,632,591
1,792,936
7,171,751
7,171,742

$7,272,602

applicable

Pwr.

(& Subs.)—Earnings—

774,684

$8,186,639

$642,200

Cr3,300

________

minority ints.

"

30—

Sept,

for U. S. Fed.

Prov.

$642,969 $11,932,079
391,016
8,204,260

51

v:w—

income

"

/

:

miscellaneous

and

$453,118

deductions

other

&

Net

charged to

to

Portion

Net

3,921,042
'
Crl7,500

3,949,823

$5,479,656

divs.

subs,

operation______-_-_-..
and
repairs_4._

Maintenance

Provision

income

Gross

2093.

revenues

Expenses of
General

$1,173,547

11,322,945

and

Balance

/

engines.

p.

Ended

Months

9

Operating

2,762,421

taxes

prof,

interest

Pfd.

r.

29 filed a complaint in Federal

American Cable & Radio Corp.

2,860,025

2,988,490
2,685,340

239,015

316,637

taxes_„

income

excess

.

cancels all tire agreements'between American Bosch and
G.M.B.H., a German concern which manufactures similar,

decree

products.—V.

250,000

taxes

public

to

construction

1942—12 Mos.—1941

164,049

depreciation-

for

Prov.

757.330

.

t-

,

injection equipment, generators,
similar, apparatus for various types of stationary,

automotive

Diesel and

$2,281,353 $28,237,080 $26,004,077
:
1.082,732
9,647,076
10,099,489

11,773,623

$8,392,567 $36,202,972 $36,356,697

"

manufactures" fuel

corporation

•■/ The

f 2,826,974

$11,219,125

Less

the litiga¬

With Sherman Act

Corp.- -Charged

Department of Justice on Dec.

Robert Bosch,

1942—Month—1941

$2,344,926

revenue

2,956,525

deductions

other

agpinsi the

magnetos, coils and

Power Co.—Earnings—

Alabama

Period End. Nov. 30—

Opera ting

The

10,054,514

approp.

income

Gross

Interest

President, for
trade "and by
fuel injection
and, related industries.
;;
At the same time,
Federal Judge Alfred C. Coxe signed a consent
decree effectively canceling the agreements involved and providing for
royalty-free licenses until six months after the termination of the war.

authorized to con¬

44,099,482
11,848,087

10,036,673

$8,346,388 $36,050,770 $36,225,631
46,179
152,202
131,066

corporation and Donald P. Hess, its
alleged violations of the Sherman Act by, restraining
participating in the restrictive agreements involving the

to

Gross

Bosch

Violations—Y-Y:"Y

purchase, to and including Jan. 22, 1943, first consolidated
mortgage series A 5%
bonds due Dec, 1, 1943, at 1041/2/^ flat and
series B
4%
bonds-due Dec. 1, 1943, at 103'/2%
flat.
Bonds must
be surrendered at the Guaranty Trust Co. of New York,140 Broadway,
New York, N. Y„ with coupons due June 1; 1943, and Dec,; 1/ 1943/
attached.—V. 156, p. 2187.
'
/>'■v"""/'/
''/./'V/'v
tinue

res.

Balance''

The

15,854,151

2,557,834

operating revs"" $11,160,043
Other income (net)
59,082

Corporation will be considerably in excess of Alcoa's production."
Federal District Court at New York held that the Justice Depart¬

Court

47,951,110

3,451,396

Net

production

not proved its charges of monopoly.
Dismissal of
tion would leave that decision in effect.—V. 156, p. 2187.

_

11,759,659

2,295,475
2,329,946

_____—__

retire, and deple¬

Prop,

A

b.

12,332,120

taxes

taxes

Other

showed

ment has

the common
This com¬
pares with 10 cents paid on Oct. 1, last; 20 cents on July 1, 1942,* and
10
cents on April 1,
1942.
Payments during 1941- were as follows:
April 1, July 1 and Oct. 1, 20 cents each,..and Dec.'27, 30 cents.—
V, 156, p. 1202;
/
" <-./ '
■
■
'
'
•

$31,074,109 $28,942,251$121,666,327S113,550,659

revenues

Operating
■

..

1942—12 Mos.—1941
,
/

■

..

1736.

Subs.)—Earnings—

1942—3 Mos.—1941

Subsidiaries—.

Plant

year-end dividend of 30 cents per share was paid on
stock, par $20, on Dec. 26 to holders of record Dec. 17.

Offices—

at 122 East 42d St.;

are

Telephone is Murray Hill 5-7142.—V. 156, p.,

York, N. Y.

Period Ended Oct. 31—

added that the statistics presented by the Justice De¬
"that of the' estimated aluminum production for
of the capacity owned by Alcoa will be about
of the total and the production of the capacity owned by Defense

40%

this company

the offices of

Operating

•"//

■

,

T

1463.

p.

American Power & Light Co. (&

company

the

1943,

i

Dividend—,

& Iron Co.—30-Cent

examination."

moment's

a

partment

A

Alabama Fuel

7

»

bear

not

'v-_-

';<}.■,■"/

2003.

p.

Effective Dec. 28

Department's)'

(Justice

156,

American Potash & Chemical Corp.—Moves,

aluminum-producing plants owned by the Government,"
the brief said, "it Is hard to tolerate an assertion by the Department '
of Justice that thereby Alcoa is , entrenching its alleged monopolistic ;
the

liquidating dividend of 25 cents per share was paid Dec. 23, last,
'capital stock to holders of record Dec. .16
A liquidating divi¬
of $1 was paid on Oct, 9, 1942, and a payment of 25 cents made

on;April 1, 1942.—V.

operating

The

621,320

576,198

income—

oper.,

ry.

—v.

$182,819

85,309

59,087

income

oper.

dend

A,motion to dismiss the case .previously, had been filed by the com¬
because of the fact that the court lacks the legal quorum of
six justices to pass on the controversy.
>
*
" • /'.
;
'
The motion was opposed by the Justice Department, which said there
was
"a
prospect" that legislation would be enacted to reduce the
number of justices required for a quorum.
.
.
/ •
' ' •' •' t "When the Government has sought the aid of Alcoa In constructing

in

Properties Corp.—25-Cent Diy.—

the

on

memorandum that
Alcoa will supply, over 90%' of the contemplated aluminum production
and that after the war Alcoa will control over 90 %* bf a capacity nearly
seven times as large as it
was In 1939 is likewise unfounded and will

1939

$218,917

railway____

railwayJl-lY"

from

Net

A

^

;

^

,

statement

./

American-Canadian

required, brief, filed

"The

,>*,/,

P..XS57,„

more

a

position.

1940

,1941

•

$318,588
$255,947
118,514
71,574
66,521
34,004
From Jan. 1—
''V";."/Y"f'.: ■ " "Y/Y'Y' •'■'
Grcss from railway^—
3,151,907
2,864,364
Net
from
railway.:—,
J .048,301
1,107,678
from

Gross

'/•/ -j

,

'

•

'

'

Monopoly

V;'<*'/"

pany

and

Cantort & Youngstown Ry.- -Earnings-

Akron

/ ;

■

and 60 cents on

last; $1 on Dec. 27,-1940,

29,

Answers

YyY".

>'<. •

deeply than e.vei; in its monopolistic position." /
with .the U. S. Supreme Court, the com¬
pany urged the tribunal tp dismiss litigation involving Justice Depart¬
ment charges that Alcoa. possessed a monopoly in the production and
sale of aluminum.
"
/.
1
In

Pan

,

1145.

company

Alcoa

American plus • $2 in cash for one1 s.hare of said convertible
preference stock of Air Investors, Inc.
Such offer will -be made, in
respect of not more,' in the aggregate, 'than 10,000 shares' of con¬
vertible
preference stock,' the Pan American corporatioin not being
obligated-in-any way by> or -with respect to acceptances covering more;; ,
in the aggregate, than said number of shares.
;
/ W
Y /',„*
«v,
of

"

$114,-"

nine - months - ended'

called "unfounded and unwarranted" a JusUce De¬
partment statement that "the war emergency is operating to entrench;
The-

Airways Corp.

Pan American

-U-

America

of

Co.

Charges-— """%'-•/

advises
of

totaled

1942,

Oct, 31,

ended

for

amounts

1941, include approximately $263,000 for underaccruals -in
prior to the enactment of the Revenue Act of 1941.
The tax
charges for the 12 months periods are effected by similar under¬
accruals
and
adjustments; the current period includes charges of
approximately $707,000 for underaccruals in the prior period. Also the,
current period includes a non-recurring credit of approximately $120,000 and the prior period
Includes a similar credit of approximately
$500,000,. both due to the 1940 refinancing of a ■ subsidiary.—V, 156,
1941

Inc.—Exchange Offer—

dated'Dec/ 23, 1942, to holders of the' convertible preferencethem that all holders of - said stock of record at the
Dec. 29, 1942, are to be offered the privilege,-up

letter

A

close

"/i:

-

the'nine-months

,

Air Investors,
stock

against $2,890,000.

Net sales'for

625,538 as compared with. $102,427,783 ior the
Oct.. 31,. 1941, an increase of 11.9%.—V. 156, p.

the

to

In 1942 prior

by approximately $500,000 for overaccruals
enactment
of the
Revenue
Act of 1942.
The

reduced

'October,

Federal income
profits taxes, normal taxes and surtaxes on income totaled
share, for the same month a year ago.

common

a

excess,

$5,700,000

y. 154, p. 1257.

been

profit for the nine months ended Oct.,31, 1942, was $3,653,313,
to $1.52
a
share on common, comparing with $2,634,023, or

Net

Co.—$1.50 Preferred Dividend— ■;

Aeolian

•

1,068,186

13,254, 027

12,729,224

eleq. plant
""/'•
adjust.

part of

western
of

each

On

United States by four, different

the

other

these

however,

lines,

the

open

telephone'pole cross-arms. %

Acquisition—

/

;/

the

cross

carried overhead on

*

wires

are

'

deducting such taxes,—V.

Allied Chemical & Dye

156, p..,1202.

t

<

Corp.—Sells Interest in Sloss-

Sheffield Steel & Iron Co.—
See United States Pipe &

"

8,333

8,333

8,333

The

♦Federal income taxes__

177,952

499,147

7,325,251

7,083,809

sition

♦Excess

before

taxes^_

781,629

610,501

9,669,359

1,075,327

822,652

822,565

9,725,650

9,451,878

Telegraph of Missouri, a wholly-owned subsidiary which has title to
pole
lines, cable,
conduit, rights of way, lands and buildings in
Missouri.
The property is carried on the Missouri company's books

Operating income /"/

2,481,335

1,891,930

23,139,691

26,765,741

254,957

328,478

acquisition

Foundry Co., below.—V, 156, p. 2093/"

"

taxes

Other

:

profits

Other

32,766

income,

/

20,784

..

100,000

■

<

-

■

at

RR,.—Earnings—

: ' Alton
"

1941

1942

November— '

'railway'I—$3,242,060
Net
from
railway—1,586,120Net ry. oper, income/„_^. * 1,408,244
From Jan. i—
Gross from railway.
28,565,825

Gross

Net

Net

from

-from
vy.

*

15f

"Deficit.—V.
•'

"

"

10.710,325
2,461,584
12187.

railway_r_—
oner, incoir
1

'

$;■>

f

Period End. Oct. 31—'

before

taxes

j

sales^

net

Profit
Prov.

sales__2

net

♦Total

&

for

Fed.

spec.

est.

profits "axes;
taxes

&

33,810

688,803

"

,

Consol.

Undist.

about

those made on Christmas Day went through.
De¬
encountered bn many, routes, particularly those to remote
points, and the flood of traffic over transcontinental lines was par¬
ticularly heavy.—V, 156, p. 2303, 1947.
"

—123,869

2,889,993

3,463,793

net

Divs.

income

//"'

of

•

•*

rY-

'/..':

•

Lord

Int.

bonds &

on

3,463,793

2,889,993

1,057,905
54,165

-

64,163

advs.

8,308,545

12,053,105

54.165/

649,978

881.324

68,572'

stocks—

842,800'

939,977

'

4,486,310

3,425,255

13,323,548

9,665,329

income

Other

u.

2,211

A_.

.

3,430 i

,

33,601

.

:

57,334

1,630,000

17,010,000

-1,678,540

.

&

Taxes

12,700,000

■

exps.;

600,000

1,786.310

1,000,000

1,195,255
$0.49

merchandise inventories.




■

1,060,202

,13,298,718

16,821,733

81,919

839,207

983,236

978,283

12,459,511

15,838,497

92,928

-

72.230

1,102,933

1,134,434

140,767

1,689,209

the

for

past

19

1,606,310

.

Int.

&

Divs.

deductions

90.640

pfd.. stock—

140,767

other

on

.

earned

for

r'

coin.
7

—i\—..—

1,374,903^.

■

•

744.588.

_9,667;369

'

13,014,854

profits tax charges- for "he month of
October, 1942, after giving effect tp the 10% * post-war refund, have
.

*F3deral. income

and

excess

of

advertising

Lord

Mr.:Lasker's

Don

will

the

yea'rs" \yas
b. - Lasker
& Thomas.

of

Three

largest
agents

and oldest advertising agencies
for the American Tobacco Co.

dissolved at the close of business on
principal owner,. President and a

was

associates.

Emerson

Foote,

Vice-Presidents

of

Fairfax M. Cone
& Thomas,

Lord

operate* the

which

Co..
V.

Belding,

ail

Executive

business...under the name of Foote; Cone & Belding",
firm will continue to receive the advertising of American Tobacco

according to George V/.

156,

p.

Hill, President of American Tobacco Co.—.

1012.

•

American Water Works &

-—

Bal.

..stock

one

of

director
•

and

Albert

31..

Dec.

1,689,209

-

3,675,000
Balance

reserve

profit_—

world,

the

in

Thomas,

&

and
Total

Agents-

•

—123,869

1,558.002

preferred stks.

on

two-thirds of

were

American Tobacco Co.—New Advertising

'

Divs, on com.

normal

amounts of certain

12,053,105

'

inventory

net

14,943,098

8,308,545

•

Elec.

sitbs. consol.; as above

,

necessary

"Y'

11,772,338

Co.

' 'f*

intended to

934.036

.

1,558,002

consol.

Gas &

/ /;

1,057,905

714.525

income of'

"American
>

it

longer

Y Christmas
Long
Distance Telephoning Broke All
Records—..: -.'Y'Y*":'':
■;
The Christmas holiday long distance telephone rush in 1942 boosted
traffic 24%
over
1941 to break all records, the company announced.
About three-quarters of the long-distance calls placed the day beforeChristmas were completed, based on reports from 16 large cities, and

7,308,408
.

lays

i

'"

4,128,189

1,558,002

net

-

no

437,425

stocks A:

Undist.

was

'

3,884,098

com.

____

com.

on

it

46,400

729,041

1942—12 Mos.- -1941
$ •
"
$
'
'
«
43.081.495 -38,673,946.164,OOd,611 141, 562,"18
42,638,047.- 38,376,066 155„634,584 136 152,559
'

for

earned

'..StOCkS

,

Divs.

subs,

S

7,300,785

explained that

since

323,640

;

2,719,371
♦152,627
1

608,637

company

/--"""/Y/v

existence.-

323,640

stocks—

pfd.

on

Bal.

135,304

6,313,548
4,990,329
Earns, per com. share_.
$0.82
' $2.82
$2.11
'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
;

Divs.

/

14.927,081

4,878,438
1,733,579

607,158

/

deducts—.

&

27,094,219

in

has approved the acqui¬
the American Telephone- &

25,301

funded debt

on

Int.

Other

23,394,648

118,979

55.407-.

surtaxes, on

for

valuation

Interest

1,912,713

exc.

income

-

366,851

1942—3 MOS.—1941

'

Approp.

i 287,664

inc.

res.___.

Fed.

$i. 462,291

Subs.)—Earnings—

$

Total

-

18.236,451

■

(&

^

$1,363,209

345.953

.

■

Allied Stores Corp.

1939

"1940

.

$1,700,507

2,514,101

income

Gross

>.

Commission

Missouri, corporation,

the

have it

to

parent

The

$12,092,777.

dissolve

i'

Communications

Federal

by the company of all the assets of

Output of electric energy
the week ended Dec. 26,

for

of

7.30%

week

of

over

1941.

the

output

Electric Co.. Inc.—Output—

of "he electric- properties of .this company
1942, totaled 71.785.000 kwh;, an increase
Of 66,900,500 kwh. for the corresponding
' '
•
'
•

4

THE COMMERCIAL 8t FINANCIAL CHRONICLE

table

Comparative

weekly Output

of

electric

of

Liabilities—

the last

for

energy

7%

five, years follows:
Week Ended—

bee.

5

77,769:000

73,316,000

preferred stock, Illinois company.......
Common stock (pal* $5(7
*.•_///—Z-2-

'Ndtes

73,792,000
62,722,000 56,160,000
47,564,000
79,546,000
Dec. 26
*71,785,000 *66,901,000 *55,439,000 *50,129,000 *42,574,000
*Includes National holiday.—V. 156, p. 2303.
/
19

payable

Acceptances
Accounts
Accrued
and

Ann Arbor

RR.—Earnings-

NovemberGross

Net
Net

ry.

1942

1940

$440,143

1941,
$379,419

$347,123

121,283

66,728

89,122

111,577;

income—.

62,037

45,627

53,441

,72,661

railway

oper.

Gross

Net

from

—-v.

156,

Funded

1,151,327

-777.305'

1,119,327

-

'604,245

469,683

726,678'

'

338,024'

371*230

1947.,

•;'"■/

President's

other

sources

•

v

a

sales and

a sum 40%
greater
revenue ever obtained

ceilings

the

first-

half

the

of

•

realizable

Account

Gross

Ended—;.
sales,

amounted

bn

before dividend

and

taxes

.'less

Interco.
•

product

processed,

renegotiation

excessive

{he

profits;

of

Amount

It

Reported.

'//''•/

the

amount

$9,369,603

in

r

;

Re-invested—Consolidated

Largely

Earnings
less

V"'"

paid

consolidated

7 ";■,

levels.

inventories

expanded

Earnings

prov;
Tax

decreased

with

to

•

The

C

The

in

buys

company

this

of

is

of

and

cost

Revolving

the

in

become

to

and

year

shipment to our allies.

■'■>"'-//•■"/-/ /••".

■

of

numbers

problem

a

.

of

•

.

current

of

is

there
of

the

on

The

for

Is

the

of

because

in

the

At

'/a%

of

this

end

their

greatly

of 111.

Subs

Co.

it

is

and

;

.

^.7.'/■,•

Armour &

reach

runs

■

-

usual

NOV. 1, '41 • Nov. 2, '40 ' Oct'. 28, '39

1<g-.

;

$ .'

M.v'\

733,949.084 715.318.910

21,738,005

4.892;757-'; •/

5,827,549

31,971,977

;

j "

433.200

7'-' 275,479'

/ "

-

23,973

779,491

121,364

.

-

.

1,752,812

.'•V i

/ 1,413,394

8,495.642

—>

7'7

3.848,866

3,601,250

10,172,328

7

_

6.204,367'

3.410,145 ;V

2.908.046

V 2,886,984

1,908,067

-

7%

on

59,580

12,059.357

'

:

;

3,690,538

_

3,757,002:'/

-

In above income account,

1

5,801/;•

3,746,890

tlncludes

21.341

/

Contributions to einpl.'s
,

pension

Balance

900,000

900,000

600,000

7.%

600,OOCI

28,771,306
1,468,420

26,107.801

15,457,642

1.721.958

964.152

12.476,531
1,154,541

30.239 ,726

income-—/

Sheet

bonds -and

(Delaware Company And

advances..__/_7

Subs.V '

10,421,118

A

income

Int.

and

.Fed.

income

_—

27,829,759

16,421,794

13,631.072

amortization.

tax,

4,035 ,649 Z

<

etc.//

10,172 ,328

3,640,429

3,602,989 ..I:.: 3,725,982

7,254,367

§2,988,985

155,058

351,113

Minority interest
22 ,176
59,580
Foreign exchg. transact. tfCrl 19 ,862 f fCr311,414

5,802

21.341

4402,579

$699,095

/Loss

sale

real

estate../ /

•

782 ,303

N.

readily

.

Transfer

1,752,812
1.413,394
■:

income

500,040
:

1/501 ,087

Miscell. deductions

social

292 ,800

50 3,935

262,857

14.802,607
15.111,410
3,690,538 $$3,757,002

8,307.429

State

3,746,890

11.112,059

income

pref,

■/_.///.

divs.

(Del,)

Surplus
Com.

shares

Earnings
..

(par

11,354,408

4,560,539

3,265,167

4,065,799

4,085,827

$1.95

$0,26

lUnrealized

loss.

foreign Income taxes.
redemption-' Jan.

1,

1942

.

year

taxes

included

ttUnrealped

in

gain. ..^Provision

ft Amount

1942.

foreign

realized

earnings

in

(Delaware

and

Co.

of

111.

Balance

and

Domestic

deferred

in

for

S.

Sheet

Subs.,
end

(Illinois

inch

Armour

the

-

Cash

i

&

Co.

accounts

Intercompany

Deferred
Goodwill

and

1941

realizable

owned

120.000

stocks,

and

its

Ohio

Nov. 1, '41
R

$202,000.
Dec.. 2,.

and

S.

Sole

.

The

was

776,477

units,

or

4.384,076

30,627

187.979

V.

156,




—

—

.

366,"516,712 347,399,405

company

or

the

p.

25

nec

shares

pursuant

to artd

party

principal

or

in

a

accordance

with

will

paii-

person,

amount

notes

or; the

covered

by

See further details in V.

for

November

Year

and

of

10.7%

2303,

be

the

bonds

such

any

156,
to

7 1942~Moiith-~ 1941 •
>

or

tender

p, 2303,

Date

N

-

;

:

//

1942—11 Mos.—194l
'•

28,599,333
2,586,265

struc.

"g •»,' "'"4

'

20,046,979 280,080,991 208,349.163
1.930,992
25,480,312
19.227,506
4,882,940
57,250,120
47,352,131

,;

5,173,592

:v

464,722

454.005

5:033,454

4.754 008

8,521,361

6,969,471

88,845,660

67,608,056

174,308

2.589,305

1,739,077=

505,089

6,617,330

5.241,713

259,326

___

;

636,530

investment

from

rev.

/Crl.653

Crl5,00l

10,957,537

...

accruals..

tax

Equipment

•V

rail¬

operations

way

Jt,

facil.

5.131,827

4,409.993

Other

rents .(it net).

rents

Net ry.

tneti

94,264,810

62.441.673

1,721,523 *32,802,063 *13,960.696
382.629
5,351.802
2.408.374

'•

158,812

144,302

1,521,745

1,686,983

5,754.263

income-

oper.

634.469

>

2,883,373

54,589.200

44,385.115

—

income

Total

1,644.889

Income

Miscell.

-.—/deducts; /from

-

493,697

7.329,079

7 399,152

.

.3,377,070

61,918.279

94,145

=

5.80G.926

.

50,192.041

<■,

,

income

••

,

565,133

1,309,936

/

1,699,181

'

Inc.

avail,

for

;>_////_—
.charges i/_//./u_>:

$2,165,160

1,913,434

83.465,543

7,305,007

3,111.937

60.608,343

48.492,860

2,580,489

2,643,842

28.636,056

28,891,672

income

Net

4,724,518

468,095

"70,433,673

232,780

Excise

290,838,270 275,946.150

because

of

of

exchange

Tax

—V.

..

■

'•

.

'

:

-

/

Ptock

of

Tri-City-in

2094.

.......

156,

Include;

Railroad

a/c

Railroad

31,972,287 /19 601*188

/:/"/■

Retirement

Act.//..,

Insur.

3.536.633

2,805,120

3,536,433

2,804,358

18,998,561

Unemployment

taxes

income

'

2,194,233

Act

—

2303.

p,

Bausch & Lomb Optical Co.—25-Cent Dividend—

"

dividend of 25 cents

A

stock,

Similar

par
$10,
distributions

Payments
25' cents

an

to": the net proceeds-from the sale oif the
properties
of -Tri-City, - estimated
at
properties was approved-by the Commission on

accruals

tax

a/'c

.( Federal

restrictionsf

.

common

fixed

cha rges

12,671,203
y." 237,121'

Fixed

equal

Electric Co.—Weekly Output—

electric

125,827,591

during
each,

Bedford

1941

and Dec.

Pulp

per

share1

payable
were

&

Were

30,

as

50

recently declared

was

Dec.

made

to

30

on

April

follows:

cents.—V.

Paper

Co.,

holders

of

on

units

Gas-&

output

Electric-Corp,
of

(kwh.i,

above "production

of

the

This

report

Associated
is

an

113,616,009

for the

Gas-&

increase

units

a

of

week

Electric

12,211,582

year

the

record

com/

Dec,

26.

1,

July 1 and Oct. 1, last;
April I, July l and Oct. 1T
156,

p.

1572.

Inc.—Bonds

Offered—

Coffin & -Burr,

Inc., and Whiting, Weeks & Stubbs, Inc.,
Boston, on Dec. 21 offered $700,000 1st (closed) mtge. 5%
sinking fund bonds at 99% and interest.
;
-

Dec.

1,
1942;
due
Dec.
1,
1949.
Principal and
interest
payable at office of the Trust Company of North Amerira
'trustee, New York.
Coupon bonds in denominations of $1,000 and $560'
interchangeable, registerable as to principal only.
Redeemable, all or
part, at option of company, on first day of any month, on at
least
(J. &D.)

ago.-—

2187.

Associated Gas & Electric Corp.—To Sell Subs.—
another

of/

York

New

company or exchange • member
signing
provided therefor, delivering and accept-:,:

of- another

bonds

equipment./-'

Transp.v for

144.440

division

p.

member of

the

to

the

&

way

30
3%

days'
and

notice,

step in its compliance with Section 11 (Bi of the Public
Utility Holding Company Act, corporation has been authorized by the

at

thereafter

redeemable

As

7ctal

Dec.

could

-

(Illinois)jFOreign earnings riot

currency

trustees of Associated

ended

group

-its;

to

the principal amount
tender' (other than by

.

18,281,511

4,420,005

"If
one

$1,000

per

.

Dated

570,324

:

of,the

1942.—V, 156,

.52.175,459

124.991,073 118,999,084
11,203,620
11,018,172

charges

amount

Electric

of

Associated Gas &

130,294,370
11,282,277

advances

part:

by any

'

724,922'
V

'

61,0^54,855

receivable....

bond

par

River

.

/•■

=

and

cancellation

tender

a

$2.50

operations
General.

4,646,454
8,617,552

5,831.032

13,425,721

Exchange Commission on Dec. 29. approved the
by the company to its subsidiary, Tri-City Utilities' Co.", for-retire¬

.,25.575^937

receivable

accounts

Securities

of

Miscell.

80,000

Associated Electric Co.—Stock Cancellation—
sale

in

notes

or

revenues

of

Maint; of

mon

ment

meaning

748.

46,383,851

exchange gain on translation or*foreign 'accduhts' into
Currency.—-V. 156/p. 2034." /
/ '
.//:'•■
■
;

The

p.

company)

by Armour & Co.

ln,U.

trust

the- space,

the balance.

oper.-

Traffic

unrealized

aggregate

,

Del., and

138.G70.220

Inventories

Investments,

f All

the

in

156,

be compensated at' the rate provided ' in
making delivery of and accepting settlement
by tender acceptances.
' : >>v'P

transportation

1

_L_

feadily
S.

1940.—V.

■5

*Packing house products at market values, less"aliowan'ce fo'r selling
ether products and supplies at cost* or market,- Whichever is

Ui

Commission
declaring

Exchange

RR.—Compensation for Tenders—

insurance

Earnings

Rv.

expenses;

and

and

company for an order
investment company within the

said,

bank,
in

delivered

so

«Railway tax

and

S.

;

of

S

—

and

U.

1940

Company).

Foreign Subsidiaries)

-

•'Land, bldgs., mach, and fixture equipment..,.
Ilefrigeiator cars, delivery equipt., tools, etc...
Notes

Nil

the 'Securities

covered

notes

company

Ma int.

and-

146,754
16,419,591

realized

currency

Nov. 1, '42
Assets-

'

-

Condensed
&

State

called for1942_-._._.///D_:L

'

shares called for

on

U.

fiscal years.

(Armour

4,065,992

...

1*608,026.

:'v■>'O't tfk

Will

for

Period End. Nov. 31-

117,521

fNet

expenses.

$$Ineludes $11,352 dividends

on

fiscal

;

1,525,894

-'•/

covered

company,

any: portion'Of

3,000,000"

40.549,789

I
local

taxes ''/^/z/./__,/.////
Federal' income taxes...../

stotik

lower,

4.055,760

miscellaneous

2,167,474"

63,974,000

3,000,000

.

*Other than

loss.

$5)—

share.—_

per

62,896,000

Workmen's comp. ins.

Total

Net

%:

2.220.469

an

invitation

The

and reject

■53.119,500

redemption Jan. 1,
Acceptances payable;
^r//.;/./,///.
Accounts payable /.-__._/-Z._i/__/_/_//_.
Minority stockholders' equity in sub. cos.//.
Deferred. income

7,012,057

3,746,890

/_/.

2,443,679

by

be

stated.

the

or

;

-10,000,000

security

Preferred

3,815.435

company/'
<
'
r 1
,
% The company reserves tho right, fn its
absolute-discretion,, to aocept-i'
or reject any or all tenders of any of said bonds or notes or to
accept;

10,177,693

52,535,900

—

-

deferred

from

Y.

payable
interest/ wages,

Accrued
-

7,024.590

members of the National Association of Cecurity-;
of the Investment Bankers Association.;
Members

notes

or

acceptance

'- 7

•io,ooo;ooo

:

///_'.>/..„/-i

Reserve "for

cn

-

7,494,008

Ohio

and

the

notes

'

—

contingencies--.-///-/.^//../.':-/

133,173

earnings

not
realizable—

'
...

Surplus 1 ///■-_///.////-.v;..—-/-_///-/./;

— _

foreign

1,921,903
;

•

.

\

Reserve for
for

147.582

,'

=

«-

10.035:697

Company Act of

&

was

trust

Railway

Reserve
Notes

Total

212,735

151,379
.

+

V

$681,358

1,927,499

set

to

invitation

by

290,838,270 275,946,150

sto'c$ Delaware- company.—./

stock

debt

ft

an

$'694,454 equity in

■

preferred

Funded
Balance
Other

•;

>•

«

1939

.

253,349

8.929,844

ing settlement for bonds

3,746,890

.

..

cha'rgCsr-L—7- 3,588,433
' 3,662,230
_/_L-77-7.'_7--._-^_7_7-7:.-777--_%_. ' •'
30,627 •' 187,979

fCommon

-

•

,

application of the

an

the-tender-form

;7,706.63!

90,216.511

stocks,

Liabilities-

/''///■"•;/// "''//'" ://->•*•' /•:.

plan

Inc..

bonds

•/Net

+391,773,

251,424

,.

»

/■;■;

been

on

exchanges.

7,949,417 ;:
'/

'•

-

......

■»

•

'1940

$729,449;

Exchange
or
other
national
securities 'exchange)
does
hot;
exceed-$100,000 principal amount, arrangements must be made with i
a
bank, trust company -or member of one of such exchanges to sur-1
fender the bonds or the notes tendered, in case of
acceptance of the:
fender.
Banks, trus't companies : artd insi'iranco companies ;may make
arrangements for delivery of the bonds or the notes tendered by them"
through/another bank, trust company or member of One ;of such

6,386,470

_

1941

411,507

Stock

Inventories '

6,518,232

1.700,187

•

710,347.885

,

V
'
"' "
NOV. 1, '42/'. Nov, 1, '41
;>/• Assets—
'/■> •/'$;.% N//'
Land, buildings, machinery and equipment100*742,811:103,131.50T
Cash
24,801,835
.16,845,093
Notes and accounts receivable_._._j.,__/w_i1/_7
60,099,527
51,178.749
Inter-company accounts- receivable^7.>__---_:--_-_-:,vA. 570,324=:.' ; 546,383

6,665,102

19,141.163

$1:034.737

333.040
•,

income./-r

The.'tender
the

0*1,501,087

Consolidated

Deferred

2,708.946

670,891

'

\ 1,086,102

*

through

bonds

and

Investments,

46,360

7

1942
r
$1,952,611

•.

ceased

tender

"

Goodwill

made

for

500,040

ios$ on foreign exchange transactions of $392,965 ,and
unrealized.loss -arising, froni fluctuatibns'bf "foreign exchange "rates of
$693,529.
§Oh translation of foreign accounts into U. S. currency. ;

41,714,143

6,750,000'.

Southern RR,—Earnings—

__y

Investment

bank,

"See note

44,028,262

——„

the

31

the

preferred stock

' 8,010,237

transactions

-265,894
2,125.946

2187.

has

df either,

171/791

in

8,651,925

it

Dealers,

;,y,f;

of

49,036,631

12,043,072

The company on Dec.
29 ^announced that tenders pursuant
.invitation
<which -was
mentioned in last, week's
"Chronicle':r

4Net4 realized

,

,

21,830,109

/

2,817-

'

16,066,618 -;

*

717,251

;

12,822,382

current; year net income of Winslow Bros. & Smith
C0.7tp. the extent
that such income has been received as dividends -in this-or.'prior years.

;

2,391,840

,

income__„.

has

Hearing

that

be

*

.;

700,000

45,405,109
23,555,000

18.798.072-'

4,000,000

railway/-./p.

for Dec.

fl,048*526-

•

15,381,353

243,068

*22,176

i

42,153,806"

1,417,251

.railway-*.17,927,843

oper.

156,

of

taxes.

paid

4:070,932;; 56,973.579

'\ Aviation Capital, Inc.—Hearing Set—N/'-'C

*11,773:856

876*256

from

rv.

—V.

77', 4,947,179

.5.291,390

684,540

160,723

f

Divs.

102 378.688' *69 951.878

5,488,183

•

facil.

Great

Baltimore

equity

53,278,470

etc...

:'"7/7'

;/7^ vlMos—1941 'Sf

6,391.840

railWay_^7_;

from

/Net

4,491,245;

vr•//'/,•/-/ "

14,505,037-

'

24,386,920

670,050

Income

Ordinary taxes
9.327*544
Depreciation /;._//—//; / 6,936.050
Loss
on
forego exch.

expenses,

7

7

:

2033.

p.

ry. oper.

Net

Federal'

for

income

!

Z'■/'/• -/■. •////*/

7

1942—Montiwl941' /; 1942—11

income

From Jan. 1—

'

Gross

from

disct.

net

-

.

7

36.985,778

1,672,558 •"

Net Income

its

jt.

from .railway

Net

11,086,494;
,7

.

sale• of

amort,

Minor,

manner.

53 Wks. End. Year End

oper.

156.

Net,

?

'402,579

22,714,362"

7subsidiaries

their

and

-7"

5,419,091

November—

r

empl.

expenses

much

a

&

Prov.
%

etc.——,1,200,795,646 834,874,650 659,334,661 645,254,353
and gen.
7- •;
>
-.,/
-.7;

adv.,

%

1,401,969

,

debt

company .had; bor¬

that

&

ry.

Gross ,from

7 44,036,779,

,

.

.77. ■ •' "•■7 /
71 7. •• 7"-:> ;?7:

:

6,463/713

fund/.

on

Int.

portion

Co. of Del.,

Subs.i

52 Wks. End.

1.300.009,016 926,236,109

_

sales,

7.7

: 'deferred income

Statement

Surplus

Tnc.;

,

Oct. 31, "42

•

,

Sales

Selling,

the

expected

operations in -the

and

52 Wks. End.

,

Period-

of

the unused

when livestock

Domestic and Foreign

'

%'

Cost

on

$4>7k

"77-:1 '•//-77

2303,

p.

11.810,931

expenses

equip.

-V.

deductions.

Transfer'd
;

"V"

a

Nov. 30—'7

revenues^

7 Alabama

471,341,491.

-

62,077,601

.

,

5,055,034

>

;•

30,570,003

7

consequence

20

annum

and

expanded
Income

■'

7-;

"

-

.(net)
Loss

which

///.";

the- year

of

be used

Consolidated

7.

to

pension

Government's guaranty to the banks of these "V" loans.
pupose
of making credit available to certain industries
their essentiality in the war program and the difficulties'

financing

(Armour &

per

credit

the credit will

larger part of

peak.

fee

on

as

with

of

•

extent-of a total "-of $50,000,000.
The rate
actually borrowed Is.234%
per annum arret

the

credit.

total

$10,000,000

known

agreement

amount

commitment

a

the

rowed

popularly

is

credit

borrowings to

interest

.7-7~.-;-"

taxesm".- ;

'income

Other

loan but what was*
banks, which banks in
turn were guaranteed by the Government to the extent of 90%
of the.
loans to the company
mad- under this agreement.
This agreement
runs for a period of three
years and assures the company of'Credit on
what

156,

Operating income __7
Net amt, paid for rent

••'•"'7'':':7^'7:'":%>;7/7;,,;7 / -'7'.%%;

43.084.040

5,248,952- ••

-

,"

Contrib.

,

revolving

a

1941.—V.

.-

of

would

arranged

ago

include

Federal, income 7

166,479,512;

■

783,445,990

.

Cr§311,414

-46.046.076

exps.

succeeding

,

1942,

$802,000

7"'"^

Net- oper. revenuesj>_ Amt. required for taxes

- v.—

348,838,757-

,

& .foreign

Total

Arranged—Knowing that proper discharge of ifc$
require new capital beyond the amount company
could obtain from the usual sources, the Illinois, company, some months
really

$

,

V /• /

_

livestock

great

.

several

for

probably

Credit

responsibility

gen.

p non-oper.
real
years*/ 7; estate
Frgn. earns, not
counting on company to provide hundreds of mil¬
;.
readily realiz...;
products for the armed forces •and for lend-lease*

promises

pounds

//v-'

/

the

current

Government

lions

.

"

.

increase

during

52 Weeks

170,384,904

76,309,571
*

Cr5119,862

Othei income

amounted

again.

36,323,0957

74,213,934 '

November,
with

■

Crl9,297

Oct.'28,'39

v

845.523.591
.515,378,209=
■''v."7: /7%7/
> "

•;'

88,208,887

income

$50,696,000 at the close of the year,
Right how"Company "is" enter¬
a new season" of accumulation" and its loans-can be expected

go ap

•

%

Profit

ing into
to

Operating
Operating

;

-•

sufficient to meet

to $88,170,000 though
this amount
year-end-liquidation of inventories and Was doWn

the

i,877,586%

;

month: of

tax", compared1

Atlantic Coast Line RR. Co.—Earnings—

7 •

.

227,495,498

7

7

-j

for deprec..
(other than

Fed,

.

.

borrowings

53 Weeks

Nov.' 2/40

?

921,138,8217: 675,138.687

exchenge " *

•'.Selling, adv.,

ing need for additional working capital, and it "will

solidated

in

| PeriodEnd.
7

^

i;'".

profit from

Foreign

receivables

and

nearly

not

were

Net

7v/transactions

due lo higher price
company's, g-rdw-.
be noted from the*
balance sheet that .company had to go to the banks during 'the year'
and increase its borrowings.
At the season of peak inventory-con¬
in

invested

Drill,313 Z/r2,600,884

9,690,599

income

180,020.327' 141,635,033
68,370,143
25.646,740

2,274,358

"

Dr321,002

s
accruals "for

tax

income tax

-

/7'>"\: ,7

sales

brought about an increase ofaccount.
This amount was
re-".,

surplus

credits

203.585,8717

14.338,503

6,030,186

/-Railway-- tax accruals for the 11 /months ended Nov. 30, 1942, include
$49,558,684 F/deral income tax compared with $10,495,000 Federal

"Delaware77

Subsidiaries),,

-

>
cost 1.207,310,7.90 1,072,264,748

transport,

7:.-

year,"

the

1942—11 Mos.- -1941

325,204,388

'

_-_7___7 .1,296,019,677 1,148,634,319

7 & admin,
for-

S'a'rita*";-

-Ry;)' f;-•'•'.v

19,379.134

17,754,040

ry, oper.;income.

'Railway
■;

:33^795,827

accruals_

.

•'//"■'/''/•

earnings

52 Weeks

Nov. 1/41-■

,,1,626,653

exps. incl.

oper,

dividends

in

out

tax

234,354 Federal
tax in 1941.

Inter-

revs.

Total

.

likelihood that*
on
profits as

margin in its business, there is little or no
law 'will have "any material effect

%V;-Net

7.-.;7

Co,' of

&

'$

'

of contracts for the purpose of eliminating ;
is the company's opinion-that due to the small

renegotiation

237,121,
1,913434;
69,465,05h

because 'of * exchange;

currency

Foreign

to

.'.Cost of sales and

v

permits

& Santa Fe

1942—Month—1941

revenues7J._'
experises7-77

debits -Or

Net

the past year with "certain govern¬
the purview- of- a new law which

contracts entered into in
departments come within

Many
mental

232,780

-

Other

payments,

.....

,

Fe Ryvt—Panhandle

*

clisct.-,

&

oper.

a return of slightly over one cent;
slightly under one-sixth_ of a cent per
distributed and sold.
:

and

sales

ahd

Oct." 31,'42

plant sales and

$14,802,607, reflecting
of

S.

'Armour

of

returns & al!ow;_l,294,393,024

-

to

of

after

earnings,

dollar

each

pound

net

120,000

trade and oper.
revs

«•

with the result -. that

year*,

U.

52 Weeks

Period

1

•

consolidated

160,000

7-777 ''7 1 >7

Income

various of our

reasonably profitable basis throughout the

a

in

.»(Including-Domestic

imposed, were on a reasonably profitable basis, and "earn¬
products other than l'resh meats continued on

were

ings on

readily

restrictions. ' ■'

price

before

year,

Santa Ft U.V.—Earnings of System

.

pass.the billion, dollar mark, and then only slightly.!;
total revenue-—tonnage arid price ;lqvel.
Ton-/
nage in 1942 increased about 10%
from the previous year, while prices
averaged about 30%
higher -than ~ in 1941.
Thus it "is-obvious that
the more important factor
in increasing total revenue was the rise
in
price levels.
Their general tendency was upward from the begin¬
ning of the year' until the Government imposed price ceilings. ■
during

oper:

^Railway

4,000,000

-7.^:_ll77^777:.%.7777._i.^777777.i77'■ 366;516,712■ 347,399,'405

revenue

Profits—'-Earnings

oper - *

Ry.

63, D7 4D 0 0 >

4,000,000

'2,165,16Q
"78,834,654

df "three

724,922

RyV;

62,896,000
*

properties

principally "cooperatives';-for• a' total -base* :
15'6„ p., 23037 -v
'77-7 7";" > '■
' ■■' i "tV

'

At9hisoii, Topeka
7 -i•<"'

y'i 21,920

,

the

sell

(includes "Atchison, Topeka & Saiita Fe Ry.^—Gulf,7 Colorado &

10,213,371
•

employees_•

for

earnings, not

factors determine

Two

%

.

8,043,099

A

7 ^Packing house products, -at- marhet; valtjestless
*alidwamces"tor;"selling
expenses; "other products and supplies at cost- or market/ whichever is.
lower.
tAfter depreciation
reserverof $65,208,716. dn 1942 and* "$61,853,321 in 1941;
^Represented by 632,996 no. par shares.'-, ^Foreign

previous year and by far the largest
single year by the company. Only on one other occasion—in 1919)

n—-did total

12,060,518

!

'

*

several;purchasers,

Period End. Nov; 30-

Surplus'

••>•>>

the year from

to $1,300,009,016,

amoun/ted

the

than
in

the following:

affords

Volume—Consolidated revenue for

Record

A

from

1942

for

report

•

to

'purchase price of $1,100,000.—V,

-:y

,(tU.)—-Financial,Xeport—./'''

Armour & Co.
The

>**..

13,816,888

debt

Total
,

taxes../.——///

■

contingencies
i/iZD/Z
Y. State Workmen's ;comp.
ins,7
Minority stockholders' equity in sub. cos._7.'_li
•§ Deferred - Income.. >—/■__/:///:Uf//-/—(v

3,651,'4 08

3.782,906

4,353.093

4,695,510

income—.

p.

from

Reserve

railway

ry, oper,

income

■

gen.

/_///•' -.10,097.466

1

Reserve for N.

railway—a

from

Net

Federal

14,059,501

,

______

inc. "taxes &

Fed.

taxes.—...

sbld .tb

-

stock

Collection

-Prom Jan. 1—

•

./—J/.——.;

-

'commission»

Exchange

144,440 '<

.

(Del. co.| -called -for redemption
1, 1942—
/___

'Jan.

:•

$394,177

'--■> 146,754

security

for

3,371,500
20,328,998
46,383,8ol

50,549,-789

and

subsidiaries located in Ohio and:- then - dissolve.' tlie com-'*"
The companies concerned are Western Reserve Power' & Light-/;
Co., General Utilities Co., and New London Power Co.
They are to be
operating

panics.-

"

*

20,328,800
i

interest, wages,

Reserve

3,371.500

•

—/./—J

payable

53,119,500
53,299,600

53,299,600

-

payable

social

Preferred

1939

railway.——

from

from

-52,535,900
.

7%

47,052,000
46,947,000

56,234,000
56,222,000

60,466,000
60,839,000

71,268,000

78,296,000

—

Dec. 12

bee.

1942

'Securities

preferred stock, Delaware company.conv.
prior stock, Illinois company.

16%

1938

1939

1940

1941

Monday; January 4, 1943

for

principal

amount,

plus

premiums

reducing to par after Dec.
sinking fund purposes at the

1,

commencing at
1948; also similarly

principal

amount
plus
premiums commencing at 1% and thereafter reducing to par after Dec
1,
1948;
in
every
case
with accrued
interest to
redemption date'
Reimbursement for Massachusetts and New
Hampshire income taxes
and for Pennsylvania and Connecticut personal
property taxes.

;

i

,

.

»

.

" Number

Volume 157

♦

THE COMMERCIAL & FINANCIAL

4139

Total:

1,827,982

transit line
*_

rapid

1,587.495

40,-445

,-A

3,761

■

accruals—T.is

rentals

.

Dividends '. .u.—"

99,497

Miscellaneous, items

.

Issue.,-Net. proceeds (excluding accrued interest Ato-be
company from the sale of:,the" bonds is estimated, at
The purpose of the .issue is to retire and discharge the.

■Operating
Net

Net/profit

.'•8655,910.

*Loss.-~tV.

($225,000) and Series 0
^mortgage bonds .($714,000(/ ' .The Series, C mortgage bonds arev held
by
certain stockholders,
members of their respective families and
West
Disinfecting Co., an affiliate, and
approximately $050,000 of
•the met' proceeds derived -from
the sale- of the bonds, together with
'$290,000 of debenture • notes, Will- be "used for ,'such retirement ;'and
discharge.
The balance of the net proceeds will be added .to the

-2-r—!--156, p. 2033.

L

V'.;" I /;■7>

1

Boston

,

f." 7 A/A

.

AA-V

; ;

.Comparative Income Statement (Inch

-

1942—Month—1941

revenues

Operating

9 Mos/End.

'

1942—11

,

Mos—1941V

$4,766,899 $70,983,832 $53,912,703
3,681,894' 45,175,213
36,410,234

expenses,7j^;, .;4;208,785

$6,641,999

^

,

facU:

Jt.

Net

1

rents

(Dr)rC_-'

income

'$9,024,403

1,290,073

1,151.033

-

7,510

163,645

Mr J, Chappie, before the emergency, was
the company.
■ ;
-

95,829

•

*

'A $564,017 $14,568,125 $10,1751442
.J
.7
7'' "•
466,154
386,380
4,541,486
4,281,377

deducts. •.( rentals,

interest,

Subs.)

'"

-etc.r

income- 7i A JA

'Net

7V,

expenses

.,g

•

'V

"

.

.

'

156, p

ithe

$1,152,520

_

$296,508

Total

:Othcr

83,612 '
36,180

and -depletion,:
fmi'sd. deducts;
Inc.; and profit taxes.-

Deprcc

ant..; and

•

:

'

118,000

7^777

Net income

-

$32,197
>>v 6,930
.
62,965
'•
37,204

Pursuant

/

16,

RR.

'

par

March

payable

value,

15

to holders of record
share 'was made on :

consolidated

P.(

»

B. Lovett in the U. S.
Callaway, trustee, hak

and after Dec. 29 011 the
bonds of Central of

011

mortgage

mortgage bonds of Chattanooga, Rome' U
first mortgage bonds of Central of Georgia,

On-'the

due

coupons

1934?

Aug,- 1,

and Feb, 1. 1935, will
Co., Savannah. 0/

the first cash

15,

'•arrdahs

has authorized an issue of Sff

/payable J in 'thfe t form iof-'Z additional, bonds

income

it

tax,

semi¬

York.

-

the first mort¬
/

paid. Payment was stopped when Central Hanover Bank:
intervened in the District Court at Savannah and ob¬

payment of the
consolidated mortgage bonds Central
Hanover attorneys claimed it was unfair to holders of
Tthe collateral trust bonds.
No objection would be made
to payments recently ordered by the court if some pro;vision was made for collateral trust bondholders, it is
tained

In asking for a stay on

stay.

a

iirst mortgage and,

subject

not

is

bond;

1933,

mortage bonds has been tem¬
porarily stopped. Payment on the first mortgage bonds
of Chattanooga, Rome & Southern, however, will be

to
the
also for
1942,: to

paym-eirt-s-are ttax-able 4n;

cash

The

understood.

is

which they are received.
The arrangement provides
postponement ' to;Nov,-194$, "/of. '/infet'est due. froin May. l,
May 1,1945.—V. 156, p. 2304.
"
in

year

1,

gage and consolidated

Ltd.—Payment—

of $180 per. $1;000

payment

due May

coupons

Interest Payment Stayed—Payment on

/understood.—V. 156,

2096.

p.

j,

64,976

.

68,466

838,025

$777,231
207,241

17,364

revenues

26,679

Operation
Purchased

power-

52,559

43,786

Maintenance

directed Edward V.
Otis, "President,'rand Curtis Franklin, SecretarySept. 30, 11)42
(Provision for deprecia.C
Treasurer,' to return "$148,901 received as salary from the company
receivable—trade, $54,439;
Stgte and munic. taxes
'and
its'- affiliates from' 1934 through" 1939, and ordered them,
with
Inventories, $311,867; other -assets, $11,059; fixed assets met-t, $1,849,Soc. Sec.
taxes Federal
Arthur
Bailly-Blanchard and G. Hunt Weber; directors, to account
:2I6;
patent rights
(less i reserve for amortization);' $2,228; deferred
:
and -Sta-te
for alleged losses to the company from "improvident investments." ;
■charges, $67,087; total, $2,353,831. '•
J77:l''1
^
^Federal taxes
other
V:l In the opinion Written by Associate Justice Irwin Uritermyer,; the
than income
^Liabilities—Accounts payable, $39,818; funded debt -^current maturiAppellate Division said the investments were made after careful Investi¬
tPederal income tax..^_
ities, 837,500; Federal income tax—1941, $15,564; Federal capital stock
gation and on the, advice of competent .firms, and that fit-cannot
tax
due, $4,431; accrued accounts, $37,873; provision for 1942
and
"be said that the action-'of "these defendants taken upon' such advice
•additional prior- years'
income and excess profits taxes, $168,000;
;.,Net operating income
was
negligent ..and fenders them liable for the losses incurred."— ;
-funded debt, $90f;500; net worth: Capital stock (par $12.50), $1,125,Non-operating income-& V. 152, p. 2845, ;
f,
•
,
000; surplus, $24,144; total, $2,353,831.—V. 156, p. 2304. /
,7 Gross income
■Bond interest A/AA—
%-g Brooklyn Borough, Gas Co.—Bonds Called—, / L " /
Other interest—net
Belgian Natioijal Railways—Delisted—
v;1- There have been called for redemption as of Feb. i,; 1943 a total of
Accel,
of
amortiza.
of
> $10,000 * Of ./first -mortage 4 'k
The American shares representing participating preferred stock was
bonds, due 1965, at 102 and interest:
■f; D.D. •& E.-Af,An¬
stricken from listing and registration on the New York Stock Exchange
Payment will be made at the principal office of the City Bank Farmers
other deductions
at the.close of the trading session on Jan. 2, 1943.
'
'
Trust-Co.,'trustee, New York,'N. Y.—V. 155, p:"154. "
•
11
■/ Net income _A^.A_Application to strike -the above issue from listing and registration
Preferred ciiyr•; require—
c
has been granted by the Securities and Exchange Commission.—Vi *156,
Brooklyn Union Gas Co.—New Director—
»

80,353

Assets—Cash on deposit, $57,935; accounts

,

;: 71,221

$8,710,192
1,934,357
164,433
546,127
765,47™?
796,6.65)

$9,419,429
2,355,807
133,834
479,170
/ 7 973,606

$803,743
215,148

Operating

7./

,

1942 --12 Mos.—1941

1942—Month—1-941

Period End. Nov. 30—

v!

Balance Sheet,

Earnings—

Central Maine Power Co.

,

-

Consolidated

Payments—'

A,

1S40, will be paid at Central Hanover Bank & Trust Co.. New

'

L

i

Judge
Merrel

Ga.,

and Nov. 1, 1933, at Bankers Trust
Co., New York.
On the first mortgage bonds of Chattanooga Rome te'
Southern RR.;the 12 semi-annual coupons due July 1, 1934, to Jan. 1,

the

75 -cents per share on

of

'

first

the

-

by

signed

and

,

holders of record Dec. 29. »PajMarch 30, Jitne 29 and Dee, 3>,.

Trust Co., New. York.
On the consolidated mortgage
Central of Georgia-the interest, payments Will
be the two

annual

However, the payment of interest on the debenture notes
certain restrictions contained in the indenture. . ;
1 I: ^
vi" British Type Investors, Inc.—Stockholders Lose—
;
Underwriting—No firm commitment to purchase the bonds has been
made.
The underwriters have severally agreed to purchase an aggre¬
The; Appellate Division of the New "York Supreme Court reversed
gate of $700,000 of first closed mortgage 5'< sinking fund bonds as
unanimously Dec. 23 a'Supreme Court judgment ..granted against; four
follows:
officers and directors of this "company, and dismissed" the suit, which
Coffin & .Burr, IhcL'L
''—
.^7—'i—— » $550,000
had been brought :by minority stockholders;
Whiting; Weeks & Stubbs, Inc...:
'
•
150,000
The. judgment,, granted: by Justice John F. Carcw last March, had

y

on

payments be made

bonds

011

semi-annual

two

of

Is subject to

fi

to

paid at-office ef-Liberty National Bank &'Trust

•be

7gen^
.eral mortgage bond was made under the recently approved plan of !
.settlement of interest arrears.
A further cash payment of $172.20
per $1,000 bond -became payable on Jan. 2, 1943, making total cash
payments-untler the phru of $352.22 per $1,000"bond.
"
' Li
The Jrrahgement.'alsq calls for issue of ;$400 of additional bonds for
each $1,000 bond held,, the combined cash and. bond payments to the
amount' of 7S.22/9 covering' interest' to May i, 1942.
The portion of
Dee.

of

As

notes, to be issued concurrently . with ,i the bonds. In the
$289,000.
The debenture notes of the company are dated
1942, are due Dec. 1, I960, and bear interest at rate of 5'4

annum.

.per

interest

and

Southern

■'the

1,
,

6

693.

p.

Savannah.

at

mortgage

Georgia

Ltd.—75-Cent Dividend—

Packers,

British Columbia Pulp & Paper Co.,

/

of

-1,

were as follows:
April
$2.—V. 156, p. 954.

155,

order

an

that

(first

+$24,902

.debenture
■Dec.

,1941

An ■ initial distribution .of $1,50 per
1942; none since,—V. 156, p. 1322.

27.

March

allowances,

Notes—The company

Debenture

Columbia

stock,"no

common

V Feb.

selling agent's commissions.
-{Deficit.
The annual interest requirements on

amount

during

30. $1, and Dec. 31,

to

Court

directed

V; ■t'

'

since.—V.

none

District

paid on

was

directors have-declared a dividend

The

freight allowances "-and
'. .7:,
.:'.7.;!7:7'7A
.•'^11
the $700,000 bonds to be out¬
standing initially, will be $35,000.
The aggregate total cost; to (he
company of the present financing is estimated to be $55,000 for the
entire period that the bonds are outstanding.
In the calendar "year
1943, the charges for Interest and .amortization of bond discount and
-expense will be higher by approximately $3,800 than would have been
the case if the present-financing were not undertaken.
'%
and

last.'Payments

Sept. ;30,

June 30, $2pSept.

British

_J__

$114,423

$157,894

$78,-267

.

discounts,:' returns

* Less

per' share

$2.50

payable Jan.

Dividend—

cents per share on

dividend of 3''2

a

Guaranty

$566,393
' 8,737
154,012

2,105 J

deducts.:-

income

$253,640
4,715
.
65,418
62,784 XJ-, 29,809
182,966
39,275

7;969

$318,164

and

$1;

3,734

of

>

.

eight adjoining counties.—,-

and

'Central of Georgia Ry.—-Interest

v

Dec. 31 on account of
accumulations op the class A
common'.stock to. holders of record
Pec: .19. •• This, compares. with $1.50 each paid on-March 31, June, 30

$78,463

21,656 ' .'

.

A-.-':

income

', $248,896
^.VT'.- 7744

$558,424

•

Class A Dividend—

Corp.—$2.50

dividend

A

-

other

.;%/;■ income,,- AA AaL7
■Other "income 7^7'7

Countv

Allegheny

of one cent each were made

1940;

$5,894,035

$177,637 $10,026,639

stock,

common

ments

.

2033:

Brandon

$1,184,712 : $1,031,803
935,816
953,345

-

before

.Profit

792,284

1939 ?

1940

1941

$1,966,990
1,403,566

$1,088,792

A_A
-AaAA.'

sales

Gross

Total

1942

A

Period—

,

in

Carson Hill Gold Mining Corp.—3^2-Cent

v

V'1 Total Income;674

Total

.1. .' >•

.

..

/V. 156, p. 1949.

—Calendar Years—

"

Defense

Civilian

.;3■.:.The directors have declared
"

Manager of Sales Promotion
.

^ .Mr, jLeffler, ;in. addition to his company affiliation,, is Chairman of

3,004,460
65,692

23,803

-

A

_J

2,962,536
173,116

$468,188 $13,278,047

-

oper.4 income. / $1,455,029.

ry.

Other

7 262,404

of

> 5,407,914

.

A- 255,408

.Equip, .rents.

$17,502,469

>$1;085.005 $25,808,619
346,903
9,394,920

698,974

Taxes

>' 'V.•".

'

*

Sept. 30,

;

•

corporation on Dec. 30 announced the appointment of Bennett
Chappie Jr. as Assistant Manager of Sales' of the New York district,,-,
this U, S. Steel subsidiary,
,
Mr. Chappie,
formerly assistant to the Vice-President, Operation,:,
in charge of emergency defense coordination, is succeeded by Ross L'Leffler, who, in addition to his duties as special representative, will
coordinate emergency defense measures in the company and cooperate
with public authorities and defense agencies.

.

/-AA1'-AA'AAVi

profit

excess

...

'•

.

and

income

•

Carnegie-Illinois Steel Corp.—Appointments—

■»'.

'."'A
"■
To Be
j'/ A/'"
A'.'7AA. \ -'-AA7:'/
A' A-Al Out- :
(,}
-/AA;/. *;-'-V'.'. 'A
Authorized standing
-First closed-mtge.AA' sinking fund bonds, 1949
$700,000
$700,000
*5A debenture notes due ;DoCg
i960-_—\ ' 289,000 '
289,000:
Capital stock (par $12.50,1—
7___—
T/ 1,125,000
1,125,000
^Debenture notes mature Dec.11, I960.- ' The payments of,principal
and interest are restricted under certain conditions by the terms of
the indenture .under which the bonds are issued.
A'A-'f.

,<

include

not

The

'7%A.A'':'!--:A

RR.—Earnings—

Operating

A: '.A- /A.

.

Maine

&

Period End Nov. 30—

A"' Net operating revalue' '$2,433,214

Capitaii/.ation

'1

'

$2,586,70)

$2,512-,333

do

sales office of

forking capital of the company.
'

164,200
$233,154

$4,599,451
2,012,742

S.

■presently outstanding Series A mortgage bonds

:'

138,280
$223,520

expenses

earnings

Note—Operating expenses
156, p. 2304. •

*$94,449

$315,952,

A

T-,
'-/'v '''•.'.'.-f'-

1942—11 Mos.—1941

$4,137,254
1,62.4,901

$397,354

$364,800

,

taxes.—V.

of

Purpose

received :by.the

L

Corp., Ltd.—Earnings—

1942—Month—1941

earnings

8,781

8,849

<—J

Gross

324,165
99,497

324,165

.bonds——

on

'

236,033

■

236,132

■

Interest

PefiOd'End/NoV. 30—'

141.726

3,761

receipts

operating /expenses-::-A.'.
State and municipal tax
.Rent for leased roads--,.
Total

and

1941

$2,307,011

■

•Federal,

Subway

•'

1942

$2,865,785

Month of November—

•

Northern Tower

Canada

Boston Elevated Ry. Co.—Earnings-

;

"Company—"Manufactures' and. distributes ' Nine Point paperboard,
is a paper material 9/lOOOths inch thick used to fgrm
the
'inner corrugated part of corrugated paperboard employed. in
the
making of containers for packing and shipping merchandise. . *phg
'.pulp and paper manufacturing plant of the company is located at
Big Island, VaM where it also owns a -steam electric plant, water';
rights and hydraulic works on the James River._
1 « A/,-;'A
A wholly owned 'subsidiary^
Bedford Timber & Land Corp., ovv.ns,
and leases timber lands from which "the company derives a part of
its • supply of pulpwood.
..
'
•'
' " '
' ;
which

7'

CHRONICLE

.

4,670

4,059

58,887

52,88.3

014,760

17,686

171,372

214,195

t

—

•

79,041

862,769

702,903

$306,920

.

56,568

$278,997

$3,545,959

$3,533,157

2,506

2,340

68,643

40.28B

$309,426

$281,337

.112,901

110,122

$3,614,602
1,355,250

$3,573,439
1,324,55$

OS,447

23,696

O'26,207>

,

-

5,231

■

•

director of Arma Corp. of
Y., has been elected to.the board of directors.—-V. 156,

Nelson;

Robert

Brooklyn,

N.

-

ahd'

a

tax

from

Net

Net

-$1,392,647

857.037

1,083,999

613,931

137,-247

; '

inccme_:._

•

■

Net
—V.

20,431,858
8,558.154
income3,461.128

-

156,

17701^79 72^75/387,
9,378,924

7,347,282

7.080,876

.'

Name of Hecker Prodr

Corp.—See latter company below.
.Co.—25-Cent Dividend—

Binks Mfgv
The'

on

company

-

-

income

3388.' v'//t;;';■■;,1

151,' p.

of

$1,000,000

'Patrick

•;•

.

'end of December,

as

.a

1.1%—

output

system

Edison

of

Institute

Electric

Boston

the

Edison

week

for "the

Co.,

ended

reported to

Dec.

■

26,

1942,

the

1941,

27,

compared
increase
-•

For

p.

with

2188.,

32,334,000

.

kwh.

of 4G,

the

increase

decrease

week

of
.

...

the Week ended

for

Dec. 20,

•

ended

2.4'■>

over

Dec.

12,

the

.:■,.,




tax

f.

;

1942,

•

208,501

208,501

-

Central States Electric

$111;295

$124,025

11,071

*24,965

*37,466

*68.117

Net

;

7'-•
from;rattwayA—1i- 1.919,400

1,844.638
209,938

railwayAiA" 7 *334,'455 /
oper.' ihcome__2
*1,105,543

from-;
ry;

Deficit.—V.

*3,261

-

156.

p.

*459,834

1.288.741
*112,790
*610,141

1/432,573
*74.864 '

*659,031

'

Court.

Vermont—Earnings—

corresponding

was

week
..

33,249,000 kwh., an
last year.—'V.
156,
'

/
' ' v'
1942
from/railwaj'w—A$121,962

from :

Net
Net

iy.'

income.'..^
1—
7

oper.

.

"from; railway...from" railway.::.-'..

Gross

1941

:

(

*43,290
*76,592

-

The-trustees' report as .of Nov. 30 showed a
total .assets were placed at $3,838,063.

.7

1939

1940

Stores

This-Trust,

$112,125

*29,034

*73,420

*56,034

6,517
26,045

.

1,314,088 7

1,255,781

1,069,853

*103,832

*431,562

—V.

Dec". .21—'* ~
earnings"...Ai....A

156,

p.

2304.

share

Investors

on

Dec,

24

(Boston,

Trust

Mass.)—Pays

'liquidating

1942,—V.

155,

p.

a liquidating dividend of 41 cents
shares of interest of record Dec. 23.

per

April

10,

paid

holders of beneficial

to

initial

934,941

*124.764

*438,333

Week-Ended

"that the debtor corporation

apparent," the'trustees reported,

,is insolvent, in that the aggregate value of its property is not as at
jiair valuation sufficient in. amount to pay, its debts, and the accept¬
ance of any plan of■ reorganization by
ihp stockholders should not be
-required."—-V. ■ 156, Jp. 2035.
;

•

$85,675

*38,480

*232,232

■Traffie

'
:
total debt of $19,107,564,

Liquidating Dividend—

•

dividend of

$13

per

share

was

1596.

paid on

An

,

7

7A

Chesapeake Western

*231.699

*518,201

*-

The

ICC on

.3 942

"""- *1941

-$5,812,000
-

21

Ry.—Purchase—

-approved the purchase by

the company of tho

Valley company's line Of

is

railroad

7.

Dec.

of the Valley Rail Road Co.
The
in Virginia.—V. 136, p. 3529.

property

Canadian Pacific Ry.—Earnings-r'

U./G.

..

Net
,

;

839.410

ryJ.opef. incomel.-:
*598,653
.*Deficit-loss.—-,15G< p, -2034.

Net

by Judge Robert N. Pollard of the

.

while

•A nit- is

,

railwayA—-

From Jan.

;

.

2034.

Canadian Pacific Lines in
•7/November—

!. ;■■'•'.■.■

A.;',.;..

Tphe. hearing, was ordered
District

1939

,60,444

Corp.—Hearing Set For Feb. 5

Feb- 5 at Richmond, V.a., on a petitimx
by trustees of the corporation asking that the company be adjudicated
insolvent and its franchise and charter under Virginia laws be elimA
hearing will be ..conducted

.A

Earnings—

1940

$204,688

'railway.AAA *313,652.
.oper.: income AT; T371.586

ry.

Gross

1941, an
,

output

all.

Arrearages

..

-

1941

1942
,8126,900

from

Net'

as

a

;

From Jun, 1—

was

compared with 30,947,000 kwh. for the week ended
of 1.1'/
Net system output of this company as reported to the Edison Electric
•Institute for the week ended Dec. 19, 1942. was 33:633,000 kwh., as
kWh.

30,595,000

Dec.

income

November—
Gross from 'railway.-.--.

•

as

Co.—Accumulated Dividends—

recently declared the following

:7A

on

Chain

Boston Edison -Co.—Output Off
Net

income...

Federal

for

156,* p.. 2034. ./

Gross

;

elected Vice-Presi¬
and Mr. Mason

90,653
$522,151

corporate

interest

Vice-President

after 46 years

1942,

been

1323

Like'amounts were paid on March 31, June 30 and Sept. 30,
in each quarter during 1941.
as at Oct. 2, 1942, amounted to $59.03% on the 7%
preferred A stock/ par $100; $15/08428 on the 7*> preferred A stock,,
par $25( $51.87 Va on the 6% preferred B stock, par $100, and $12.86%
Leach on- the fl'); preferred B and C stocks, par $25.—V. 156, p. 2304;

$485,710

*

of the company at the
of service.—V. 156, vp. 1949,
'

p.

dividends on account of
payable Dec. 29 to holders of record Dec. 15:
preferred A stock,,par $100; 10.937 cents on 7
preferred A stock, par. $25;; 37% cents on 6 A preferred B stock, pay
$100, and 9% cents on 6% preferred B and 6'l preferred C stocks,1
directors

'43%;, cents

,,

'499,905

.Net

.

156,

par $25.
last, and

7,922

-

$1,112,709

Net

and ref.

retired

Fox

D.

9,274

198,276

Borden Co.—Official Resigns-

/

$1,104,788

Mason, have

Robert

and

•

..nated.::'.v:-7':

t

1.943'.—V.. 156, p. 2188.

1,

1,766,103

>

$1,204,308

from

.1,'838,000

Canadian National Lines in New/England

redemption/as of Feb.

called "for

first

$2,870,891

$3,0^2,308
A^._

529,596

—V.

•j

Feb.

7,":'7:A::/7;7AAAi942--7-V"A-"/V'i94i7^77

$1,213,582

//l ■'// £

1. next. a. total
mortgage.-4-Vggold bonds, due'1968,
at 701-.and, interest.
Payments will be made at the 'Central "Hanover
Bank & Trust Co., trustee. .70 Broadway,-New York, >N. Y.
•
-• V"'1
Upon surrender of any of the called bonds on or after Dec. 30, 1942,
•the 'company has authorized (the
trustee to pay 101 and interest to
been

have

There

Pigott

Pigott has been head of the sales division

accumulations,;

1

Called—

Birmingham Electric .Co.—Bonds
of

7 77:; i

Net;. 'income.
Dividends •'Oh preferred ;stock.A.

.

;the common'Stock, ^par $1, to holders of record Dec. 28.
A distribu¬
of 60 cents per share was/made on Dec. 20,
1941;-none since.—
■

Co.— Earnings—

A—':

-

Provision

tion

V.

Service

M.

Mr.

huying department.—V,

the

Central States Electric

dcMiuctions_A-A^__Ai--_-.

Gross

Total

31 paid a dividend of 25 cents per share on

Dec.

with Cumberland County Power
1942.—V. 156, p. 2096.
7
11

merger

Central Republic Co.—New Vice-Presidents—

~

operation.:l^Lf_2A:A-AAAAJA-~fA:-A;-^L

earnings

Net

■

'

'

•

the

of

James

dents.

4.895,771

(The) Best Foods, Inc.-r-New

1

-

Operating;1- revenues
......
A
Operating .expenses; and .generah Taxes.-;;

6.074.637

156, p. 2003.

nets

1942.

V

Of

dividend of $1,8302 per share, which
1, 1942, with interest thereon at 5'>-.

a

2034.

p.

California Water

Other
:

$1,347,181

Light Company on Dec. 3,

The

> 918,-213

-

10,134,332

railwaj'

oper.

ly.

19,21/7,451

railway

from

Net; from

V.

12 Mos. Ended. Nov. 30—

From Jan. 1—
-Gross

839.183

'

.paid

on Dec,/29

1.123,893

872.693

nuhya.y„'__—

oper.

ry.

1939

$1,815,878

1941

$112,265

Nov. 30,

7
■

,

,

represented the dividend due Feb.

:

1940

$1,666,003

1942 :: •,
$ 1,876,428

financing expenses

and

.

'/■ The company

& Lake Erie RR. —Earnings—

Bessemer

■ Novc- in be r—- i
Cross from railway

$112,265

months ended

;-'-r The directors

thereon;

v

or

have declared a dividend of $1.8156 per share On the
7% cumulative preferred stock, par $100, payable Feb. 1 to /holders of
record Jan. 16.
This payment represents the sum of accumulated and
unpaid dividends "due May 1, 1942, - together with interest accrued'

181,186

$2,059,5717
$1,347,182

;

Income Tax accrual for 1942 does not reflect adjust¬
deductions-for the amortization of defense or war facilities

for

ments

(A. M.) Byers Co.—Accrued Dividend—

158,517

' $2,077,139

adjustment of $32,085 for over-accrual of capital stock-

an

eleven

for

15.497

$159,165

fThe Federal

/

declared a dividend of $1 per share on the
common stock, par '$100, payable -Dec. 31 to holders of record Dec. 3E
This compares with $1.75 each on June 30 and Sept. 30, last, and $2
per. share in -each quarter from March, ,1936, to and including March,
1942,:
All of this company's stock is owned by the American Tele.phone & Telegraph Co.—V. 156, p. 2188.
directors recently

Tne

,

Vice-President

Bell Telephone Oo. of Pa.—$1 Dividend—

;

^Includes

•

600.

p.

34,326
14,470
$176,824

Chicago, Attica & Southern

RR.—Sale Approved-

.

$4,766,000
•
• •
'

George
sale

of

M. Barnard, general counsel for
road to Adolph Fneclenberg.

the

the road, has announced the
President of Machine Tool

U

THE COMMERCIAL & FINANCIAL CHRONICLE

8

cessful

Co., New York, for $300,000.
The road, in receivership
is about 140 miles long.
Slick of Northern Indiana. Federal District Court

Equipment

.

several years,

approved the sale, Mr, Barnard said. •
The new purchasers, Mr, Barnard says, are taking over the railroad
at
once
and
will continue indefinitely
to operate freight service.—

nation

pany

1466.

p.

of one

■'Gross

from

'Net

ry.

,995,800

$8,765,707
3,101,868

in.

$8,699,422

,222,572

2,690,414

,145,673

4,126,178

Gross

from

'Net

ry.

—V.

compared

106, 947,216

88,485,006

88,065,908

increased

32, 660,811

23,312,372

22,558,133

"The

17, 673,328

32,550,439

V:

10,531,478

11,172,348

of

23,414,438

C.

S.

&

Consolidated Edison Co. of New York,
Inc.—Output—
The

The

revenue

and

com¬

1941

1941,

2.8% .—V,

increase

an

70%.

of

Consumers Power

carried

during .1942,

23%* v

Express

that

system

Gross

,

Operating

pound

miles

%

.revenue

•

has

increased

organization Plan—

.

during

Prov.

1942.'%—

for

General

./

-

1,678,114

1,634,500

1,204,030

deprec.

taxes

Federal

of

Milo

'';/•//•/■;%%//

*$iock

reorganization
H. Brinkley,

found

are

have

to

value .and

no

/participation in the plan.
New

1943.
"

capitalization

■/,

The

provision

no

effective

and charges

date

of

"

.'.jr

is

Holders
bonds

7

Issue—

''v'

'

'

obligations, now
fixed
charges.—.
mortgage 4 Vv%

Sinking fund
fund

Second

ments

$162,547

586,040
1,033.833

$4,504,990 $52,181,746

210,000

4%%

bonds.....—

fund.

7,856,949

Feb.

:.u.

7,412,966

—...

$1,034,852

$30,079,094

4,975,610

,

bonds

mortgage

and

Indianapolis &

22.62%

156,

10.89%

class

in

B

of

its

%

Corporation

for

its

claim

claim

first

in

in class A

mortgage

would

receive

bonds,

4.77%

such

holders

new

would

1st

Mtge.

4,185,703

$13,913,373

Series

A 4s

$532.00

#?jrst and gen. 5s—
/Hirst and gen. 6s.—

47.12

Using

the above

bondholders,

$500.00

the

to

the

Ghase

addition,

,In

and

would

trust

,A

would

piaced

be

50%

formed

shares

having

of the

*
B

.

the stock

certificates

trust

trustees.—V.

atock

would

given

for

156, p. 2035.

be

of

new

Net

Int.

•The

class

B

to

previously

;iwime furnishings

January

sale

November—
from railway—^

Gross

"...

Net

1942

holders

of

ry.

from

from

Net,
Net

ry.

--4V.

a

1941

and

%•

.,

;:

1940

1939

$9,424,231
2,576,239

3,540,371

1,563,234

1,609,382

•

1,559,840

104,047,099

of

————'

33,647,406

24.170.563

weekly

this

26,119,029

11,962,587

6,839,684

2035.

p.

from

1941
$8,921,415

1940

1939

$7,701,786

$7,655,279

1,416,922

1,559,093

railway.....
railway

907,145

1,026,949

from

From

income.

__

125.957,757 100.445,382

Gross

from

from
ry.

—V.

railway

Jan!

Net

17,547,532

14,072,202

8,525,100

5,437,691

an

V.

"The

/■ of

/

.

1941

'

1148.

p.

^

.

directors

cents

per

share

on

payable

/;/

•

%

168,275,000
170,216,000

electric

the

$1

tribution

15

business

*

•

participating

holders of

five cents

of

record

share

per

2455.

p.

year-end

in

4.5

first

Dec.

was

; ■://'

also

A

made

v-/'.'/•

of

on

Consolidated

Aircraft

income—

5,716,795

'

1940

1939

$6,642,745

$6,469,882

1,372,401

1,521,449

1,302,738

585,011

760,925

563,802

3,743,431

railway—— 123,233,593

88.366,731

73,789,233

72.214,570

railway———

47,507,571

25,577,270

16.407,300

14,192,920

income—

33,696,284

16,232,393

6,900,642

4,861,820

p.

,

New

A

2216.

■«s>

lavorabie
utvekvuumc,
military, during , the

and




.nis
past

company's

activities

for

time

this

corporation,

Stout's

Mr.

Laboratories,

156,

entire

T.

M.

•

taken

engaged

15.

over,

known

the

as

according

to

constitute

the

most

per

both

1942—11 Mos.—1941

work

A

At

1942—12 Mos.—1941

$39,028,422

$46,930,882

$42,686,959

20.751,583

24,291,236

22,665,017

3,937,272

4,616,282

4,297,946

6,557,652

8,801,594

7,226,936

$8,211,954

income

$7,781,915

$9,221,770

' $8,497,061

659.867

431,016

692,399

$8,871,822

$8,212,932

$9,914,169

2,220.918

2,270,393

2,423,258

&

amort,

—

of

64,827

1,168,843

92,227

484,103

.

§8,981,164

pr

bonds

deductions

—

$5,498,397
-V.

156,

p.

prices

is

by

the

receiver.
and

The

class

be .entitled.

quoted

lor

of

the

new

purchase
of

com-

mortgage

the

new

the

the

with

balance

A

shares

This

com¬

mort¬

amount

will

be

(voting

amount

the

trust

should

cents per share has been declared

11

holders of

to

be

debentures.

Conveyancers Realty
/'./ . • '

:

.

to

debentures

and

the amount offered

will

President

37%

that

as

Co.~V.
•

■

•

149,
■.

.

record

Dec.

31.

the

on

,/•.
'

common

Similar

distribu¬

the

heretofore,

14,808
on

and

viz:

CRO.—V.

156,

2221.

p.

•

Sugar Co.—Tenders—

preferred

Nov.

three

time

in

18,

shaves

response

of

this

the

to

have

company

call

it was announced.

shares

when

until

open

of

tenders

not less than

accept

Dec.

7%

for

tenders

total

The

preferred
called

were

15,000

shares

18.—V.

156.

shares

been

of

pre¬

tendered

stock.

for

of

p.

Packing Co.—Annual

Net

:

sales

pany's

and

history

73.1'%

and

1861.

.

$3.71

$5,877,713.
,,

$4.03

$6,322,068
$4.32

$6,424,509
-t

«

.■

$4.41

for

revenues

and

the

19.9'%

were

ended Nov,

was

the

stated

company

preferred

stock,

the

it

offer

2036.

Report—E.

A.

1919.

1.

year

greater
The

the

were

than

increases

highest

Cudahy,

the

over

next

1940

in

the

highest

and

1941

com¬

year
wers

40.7%,

respectively.
Higher price levels were mainly re¬
sponsible for the. increased sales, though added consumption
by the
civilian
population,
the
armed
forces and
shipments to our allies
under the lend-lease program were also considerable factors.
Cost of sales and operating expenses have Increased
progressive!"

sales

during

materials

the

nine-tenths

previous

.1941

These

net

of

livestock

by

1941

value.

47'%

Individual

and

purchased
reached

increases

in

and

an

processed
all-time high

costs

of

services

recorded
during the year, but in the aggregate
including salaries and wages, increased generally
to the higher volume of business.

earnings

In

and

exceeded
and

were

expenses,

proportion
Net

Cost

revenues.

year

volume

operating
in

and

the

both

in

of

Other

the

parti-mortgage receipts and

debentures

they

stockholders

Cudahy

and

Int.

of

by

remaining

2,464,427

1,152,506

—

income

of

Engineering

3,945,596

income

of

shares

the

with

Gross

mailing

and

parti-mortgage

being accepted by the company and comprise 14,805 shares of 5',2%

are

announcement.—

22,523,956

—

—

Other

of

securities

market

Boston

the

compare

American

totgl

tendered

full

$42,855,840

revenues

expenses

Operating

the

receipts

paid

::

remain

Cuban

which

Depreciation
Taxes

and

holder

last.—*..

8,174,333

oper.

in

the

the

,

.

.

be

for

which

announced

will

tion

dis¬

Consolidated Gas, Electric Light & Power Co. of Balti¬

Operating

each

President, states in part:

both
suc-

is

ferred

Stout

the

publish

to preparation

name
of this company has been changed
C. W. Liquidating Co.
Accordingly, beginning Dec. 29. 1942, transactions in the common
stock, without par value, were recorded on the New York Curb Ex¬
change under the new nam? of the company; but the ticker abbrevia¬

0

2221.

p.

parti-mort¬
the information
^

incident

done,

the

the

to

five

Research

to

to

which

Crocker-Wheeler Electric Mfg. Co.—Name
Changed—
It

Girdler, Chairman, has announced.

organization,

has, been

been

made

payable Jan.

would

has

will
to

dividend

preferred

.

year

:

,

railroad

facilities,

being

parti-mortgage

they

Stout, who was responsible for the first all-metal com¬
mercial airplane and who has done
outstanding development work in
improving the design and performance of planes, automobiles, trailers,
housing

into

receipt,

be

pre¬

15.

were
made on Jan, 10, April 10.
July 10 and Oct. 10. last year.
During 1941 the following disbursements were made:
Jan. 10, April 10
and July 10, 30 cents each, and Oct. 10, 35
cents.—V. 156, p. 1149.

'

B.

and

after Jan.

soon

impracticable
work

can

5/10 Share

Creamery Package Mfg. Co.—37 V2-Cent Dividend—

'r

trains

notices

7/10 Share

297.88

mortgage, certificates are
for delivery as soon as

groups

informed of the cash

offered

2228.

P.

;.'i

Adds

be

of

of

.

Corp.

it would

mechancial

George Alpert

;.

Division—'

number

7/10 Sharp

393.00

ready

probably

parti-mortgage

the

are

cash

•

of

extra

Jan.

be

4/10 Share

381.92

%!•

Shares
5/10 Share

229.58

/

8.43

the

as

will

done;

large

each

compared with

;.

cents

10

year-end

be

V. T. CI. A

"

tions

1'

preferred- stock,

31.

the

be

paid

securities
can

Convey.
$253.02

15.46

15.44
•

/ %,/•/-,;
Scrip for

Realty Co.
•

basis.

same

Deb. of

'

8.59

185.99
166.31

being

now

•/'■''

200.23 /

,.

the

on

.

./ 124.67

new

certificatesi

subsidiaries

dividend

computed

Cash Now

$6,41

890.00

as

mortgage
St., Boston, Mass.
face value of $1,000.

Payable

Before selling, holders of

amount

'■'

'■

extra

Certificate
/
V'./'

Exchange
'

certificates-should

gage

conditions

of

Interest

fall,

to

Offers

■;

•

%•%';.

State

/

necessary

pany.

9.1

v

-

10

original

$137.30

is

certificates,

■'

7.0

•

%. ;•

regular semiannual dividend

value

par

to

a

20,

1467.

to which he is entitled.
•
'
>
Pending receipt of such notices any interested parti-mortgage receipt
holder
may
obtain
this information
relative
to
his
parti-mortgage
receipt by communicating in writing with the receiver.
.'
•

•

10.6

•

of

energy

general

;

declared

28

share and the

Jan.

155,

Dec.

on

156, p.

•pany

Community Frosted Food Co.—Extra Distribution—
The

and
each

on

/'!'••,'•

Co.

Mortgage

Principal

work

receipts will

%• Increase

•

to

$755.91

of

soon

the

;

Total

1941

$7,634,168

$13,052,629

-Chicago & Southern Air Lines, Inc.—Record Year—
^.n official statement says, in part;
' '
"
civilian

companies,
ended Dec.,19

Table

1,000.00

The

recipts

As

and Exchange Commission on. Dec. 24 approved
pay¬
$504,943 for expenses in the reorganization of the company.—

156,

1936.—V.

cents;

Oct.

on

Mortgage Co.—Sucr

737.13

cash

relating
%

&

$1,000 Par

—

Because

Securities
of

ment

on

,

The

$220,038

more—Earnings—

1—

oper.

156,

show

paid

during

75

each,

company upon presentation of their

Unpaid Bal.
*.

_

mechanical

80,380,457

16,055,076

23,168,698

84,710,456

27,305,131

38.778,277

1942

railway

oper.

Net

to

made

1930,
cents

Mills, Inc., stock

Mortgage

Alpert, receiver,
mortgage certificates of
other face values should be

920.00

sented.

stock,

V.

2304.

p.

November—

ry.

of

output

adjusted

Period End. Nov. 30—

■Net

$5,961

of

&

George

Bl—1945

214,077

Community Power & Light Co.—Expenses—

1,810,065

358,327

Chicago Rock Island & Pacific Ry>---Earnings—

from

group

Insurance

for

CI—1940^---

served for the week ended Dec. 24, 1942, amounted to 230,as
compared with 183,501,801 for the week ended Dec. 25,
increase of 47,082,870, or 25.66%/—V, * 156, p. 2305.

—

oper.

•Net

%

151,906 '

year:

182,191,000

kilowatt-hour

corporation

584,671,

1941,

19,097,036

30,925,868
r

from

Gross

210,075

$194,248

Edison

———186,151.000
-

territory

to

are

Mortgage

$216,036

V,

1942

•

4.

with

Conveyancers Realty Co., has been organized under
by the court to take over the assets of the
Conveyancers Title Insurance & Mortgage Co.
mortgage certificates are entitled to the following cash

Certificates

97,989,282

57,151,375

income—.

From Jan. 1

156,

*

Jan.

approved

of

Al—1938

Commonwealth & Southern Corp—Weekly Output
The

V.

1942
Gross from railway-.—. $12,129,130
Net
from
railway.—
4,071,251
Net ry, oper. income
2,428,612

ry.

$230,155

5—m—u-m——180.573,000 165,469,000 •
Nov.
28—
168,542,000 161,255,000
—y. i56, p. 2304.
.,L
•'
:V

other

2.695,143

,

—V.

130,706
935

Dec.

represented.

Chicago & North Western Ry.—Earnings—

Net

last

20,
50

also

was

Aug. 20,

on

also

were

Jan.
1931,

Allied

record

compared

of

.

t

$9,734,284

November—

Net

with

of

paid

was

Present

666,936

■

2,697,899

railway— .162,962,527 127.113,731

V,

Co.—Weekly Output—

.

12

Dec.

The
are

plan

704,469

11,298

Corp.

Commonwealth

comparisons

19——

William

Gross

the

stock

share

a

20,
div.

of

as

1929, to and including

company,

Figures for

589,949

of 194L % %
the kilowatt-hour output totals of the past four .weeks

are.

percentage

Dec.

■

merchandise,

new

sale

Figures

2,677,253

176,029

to other electric utilities, for the week
increase over the corresponding period

Week Ended—

the

to

'railway.——

oper.

156,

Edison

1%

cents;

Company—Distribution

certificates

1235.

p.

last,

Parti-Mortgage Receipt Holders—

Holders

35.907

Commercial Mackay

holders

<

and securities of the new

'

—Kilowatt-Hour Output—

common

surrendered

$11,369,041

•

A

the

$4,569,212

.

$346,154

10.6%

trustees

6,737,253

railwayoper. income--,

and

;

1941

606,808

—

custody

The

from Jan. 1—

Gross

of

of

Conveyancers Title

15,000

—'

operations*.%//Xl/l%l'L-%%-l!i!-:.

debs,

cents' per share on the

65

to

20,

Conveyancers Title Insurance

-

%

,

;

.

loss.

156,

and

whose

$16,372,779

from

See

none

/•

493,098

■'.'

inc.

on

l/25th

Company—

An

1941;

—496,410
tax--—

loss

Following

:

included."—V. 156, p. 2035.

20,

1942"'

'

-

income

sales

Chicago Milwaukee St. Paul & Pacific RR.—Earnings

Net

—r._

of

one

share outstanding

the

on

Dec.-26.

:

.

are

21,

Al—1939—

from

showed

/%////,,///'■. .;/•/

rayon yard goods 20%, and flannel 10%.
■
"Practically all the apparel lines of the company
traditional

50

period:
July 20,
1930, and Jan. 20
1936, 75 cents,
A

cessor

share

per

Dec.

depreciation—- —^

excluding

common

'
in

stock.

^pun

the

—.

for

of

25

Oct,

July

364,656

expenses.'——-income

was

2221.

Conveyancers Realty Co., Boston—Succeeds Insurance

571,361

Subs.)—Earnings—

—/„

Federal

on

and

1,255,672

record

on

'

repairs

S.

Electricity output of

are considerably reduced
compared with the company's fall and winter general catalog.
Women's
■finesses show a price reduction of 15%, style shoes ,10%, fur coats
3$%, men's work pants 10%, blankets 16%, curtains 13%, sheets 7.5%,

goods,

U.

dividend

a

payable Jan.

disbursed

was

1929,

gage

other

i*«cording to an announcement, which adds:
"Prices, all of wljich are below ceiling,

TVhite

(&

$25,

par

21,

common

'$4,132,402

Commonwealth

',877,415
of

Stritzinger, formerly Vice-President, has been elected
M. Lee Marshall, who remains as Chairman of
Mr. Stritzinger,
who is also a director, has been acting

latter

47.422

/

,

;

*'

-

K.

amount

1933, and

71.944

Class B

largest cut-price sale book sent out by this company in a year
half was. in the mails last week to its 5,000,000 customers,

a

■

'

Baking Co.—New President—

Dec.

737,009

$1.50

of

foreign exchange..

loss

Net

Chicago Mail Order Co—Mails Mid-Winter Sale Book
ajiid

the

'

•

■

•

common

returned

stock

'

Corp.

miscellaneous

taxes

on

Net

have power for three years to transfer the stock to the Louis¬
ville & Nashville and the Southern in exchange for a traffic agreeipent and other considerations.
If the exchange is not entered into

iv.iithin, three years

•

,

$5,166,083

succeeding

stock,

like

Dl—1946

#ipuld

dRpck

Mackay

and

Non-operating

Corp. and the
collateral of

,

account

on

three -trustees

class

new

355

58,968

Corporation

1,000

A

as

54,920

receive

330

k

Common, Common
$47,792
$711,065

$44,507

Credit

!

operation_L__-_—-^—v/_-i/_—_--tv 2,578,9i4

lor

Provision
Loss

Class A

Mtge.
-Bonds

■attock having a stated value of $20,000.
a«puld be

Other

-V.

125,375

Railroad

.

$3,710,231

July

389,221;-'

of

made

was

783,339

$523,917

.v.-,-?•

holders

to

share

1491.

p.

dividend

a

30

per

Sept. 30—

and

Provision

general mortgage

Credit

$101,612

1,151,073

the

held

cpllateral

$1,705,000

Bank

Nat.

Mtge.
Bonds

declared

2127.

p.

common

•'

Dec.
$2

3,424,816

783,339

The directors have declared

-

»

1,501,254
,-

revenues

of

General

2nd

Total

.ft. R. Credit Corp.

9 Mos. End.

'''V

23.86

Railroad

Claim

^Creditor—

154,

of

3,424,816

65,278

Corn Products Refining Co.—65-Cent Dividend—

!

$135,011

35,595

share.;

Qhase National Bank on account of their possession
•first and general mortgage bonds, would be as follows:
1st

stock/payable
distribution

Operating

472.00

first

to

'

-

,

directors recently

Expenses

%

505.00
.

22.22
a

.

285,389

65,278

p.

1940

-

69,636

'4

■■

156,

the- board.

issue.

;t t

/

;

1941

22,515

——_

^

2036.

p.

Maintenance

22.16

value at $20

156,

since.—V.

A

$538.00-

n

20.66

50.73

income—

•

$140,637

—

285,389

stock

75 cents per share in each
quarter from July 20,
July 20, 1942.
The following extra distributions

/

1942

%
$155,406
railway.—61,440

Commercial

472.00

•

-V ''/■' V

$9,374,244

etc.

receivership

Common

470.00

allocations

this

on

$7,918,387

head of the company since .early last
year, when Mr. Marshall
called to Washington to assist in the war
effort.—V.. 156,

distribution

a

accruals

railway
i
1,669,613
railway———C—_
722,016
oper. income....—253,105

ry.

—V.

,

tClass B

440.00

basis for distribution

all

up

last,

24,

from

The

$1,000

Common

-

440.00

par

Dec.

from

initial

second

*Class A

Vis

500.00

no

clearing

railway,--——_—

oper.

capital

new securities:

468.00

tShares of

On

in class B

each

for

468.00

——

°Par $25.,

4

A

^Refunding 6s
^Refunding 5s_..i___.
'Refunding 4s_^.^——
% & L. 4s—

30

regular quarterly'.dividend of $1.75
stock, par $100, payable

25,,

4,539,129

$874,584

$399,284 •;

President,

1148.

p.

400,644

$749,953

pref.

Raymond

J.. i

cents; June

deductions

Continental

the

Combustion Engineering Co., Inc.—Dividend No. 2—

2nd Mtge.

Series

per

preferred

Jan.

made,

was

securities to holders

receive

principal amount of bonds approximately the following

Issue—

ry

Net

/.'••-•■•
bonds

outstanding

the

cumulative

record

From Jan. 1—

,

about

in

stock and 76.23%

common

In accordance with the above distribution-of

4flf

31, 30

3,564,761

6,937,523

Balance

-r-V.

-

stock.

common

stock.

common

March

3,312,265

$1,250,616 $12,560,881
376,032 ;
4,642,494

$1,150,595

prefi, stock
of

expenses,

1950.

p.

from

Gross

<5*96 %■ of its claim in first mortgage bonds, 2.61% in second mortgage
'Jipnds, 2.80% in class A common stock and 41.70% in class B com¬
mon
stock.
The Chase National Bank for its claim would receive
mortgage bonds, 5.12%

follows:

as

declared

7%
of

share

from

Net

bonds would receive about 3.23% of their claims in first mort¬
age bonds,
1.42% in second mortgage bonds, 1.52% in class A

•ftpout

were

on

Amort,

This makes

per

have

the

on

per

V.

Net

Louisville

fjgage

Credit

value, to holders of record Dec. 23.
share for the year 1942.

par

Colorado & Wyoming Ry.—Earnings—

•.Railway Co. mortgage bonds would receive about 33.9%' of their claims
first mortgage bonds, 31.85% in second mbrtgage bonds and 34.25%
,|p class A common stock.
Public holders of first and general mort-

and

Divs.

their

interest

28 paid an extra dividend of 10 cents
quarterly dividend of 15 cents per share on

November—

$1,197,399

UP

stock

no

cents

holders

to

$28

Net

Railroad

and

105

Dec,

on

directors

1

See

-

The

to present

and receive

other

6,238,119

3,197,036

.

profits taxes

'Net income

8,440,326

^Interest.

-.common

70

share

per

50,000

Gross

refunding

1942,

Sept. 30, 25 cents each, and Dec. 27, 20 cents,—V. 156,

The

*353,563

,

—

capitalization and charges

of

the option

given

31,
p. 2096.

156,

usual

stock,
of

18,934,297

3,258,209

582,662

taxes—

income-—

Int.' &

Clinchfield Coal Corp.—Declares Regular Dividend—

50,000

*

stock, class A—
stock, class • B.——;

-Holders

were

Dec,

on

Payments during 1941
and

of

Total

the

-

$50,148,523

18,815,131

"

*371,289

,

$16,663,158

Common

bonds

m.

,

8,736,209

Total
Common

p.

1943.—y.

and

total

a

j Fxd, chgs.

bonds...

—

mortgage

Sinking

called

3

company

share

common

Amount

Capital
.

1,

The

'V' Annual

r_;

the

Cincinnati Union Stockyards Co.—Extra Dividend—

.Contingent obligations—
First

for

/

1,

$70,000)

outstanding.

called

their

Jan.

'.Require-''

Equipment

of

prior to

Feb.

to

follows:

as

•

'*'■■■

Other

for

made

plan

recommended

are
...

.

is

the

been

de¬

a

and

—'_j

—

income

excess

Gross

redemption as of Feb. l, next, a total of
$246,000 of first mortgage 3%% bonds, due 1966, at 105 and interest;
Payment will be made at the Irving Trust Co,, trustee, One Wall
St.,
New York, N. Y.
.,//• •
%-V

has been recommended to the ICC by
Under the plan recommended capitalizawon will be reduced from $45,344,943 to $30,079,094 and fixed charges
•Will be reduced
from $1,513,028 to
$162,547.
The
equities of the
folders of secured notes and claims and of preferred and common
plan

A

Examiner

have

elec¬

1942—12 Mos.—1941

$4,615,401

—

expenses

amortization

three-fold

Fed,

There

of

Co.—Earnings1942—Month—1941

.1,

Cincinnati Gas & Electric Co.—Bonds Called—

^Chicago, Indianapolis & .Louisville Ry.—Proposed Re¬

output

156, pv2305.

Period End. Nov. 30—
miles

announced

year,

of

crease

2035.

p.

30

1942,

shows

passengers

passenger

increased

Dec.

on

(electricity generated and purchased! for the week ended Dec.
amounting to 159,600,000 kwh., compared with 159,800,000
kwh. for the corresponding week of
1941, a decrease of 0.1%.
Local
distribution
of
electricity amounted to
152.400,000
kwh.,
compared
with 156,700,000 kwh.' for the
corresponding week of last
27,

,

personnel

1949.

p.

of

1942

company

tricity

62,125.

revenue

in

flown

102.7%. '.

during

number
year,

28,802,530

miles

company

156,

Total

previous

flew

with

carried

passengers

the

pound

60,048,637

income...

oper.

156,

of

growth

trip between Chicago and New Orleans.

12.6%.

69,928;

149,006.077

railway

of

company

"Mail

railway—.

from

1942,

%s

From Jan. 1—

•Net

round

comparison

"The

■

1,586,595

1,739,579

The

trips between Chicago and New Orleans,
Louis, Memphis and Jackson, and one round trip between
and Houston, serving St. Louis, Memphis and Shreveport.

increase

an

7,598,509

income...

oper.

1939

$16,464,263.

railway.—

railway—

from

•Net

"A

1940

1941

airline/

the

St,

Chicago

Chicago Burlington & Quincy RR.- -Earnings*
1942

of

operates two round

now

serving

November—

history

business is credited in part to the normal uptrend
part to the heavy demand on all transportation facili¬
ties during the first year of the war.
Early in June the line sold
part of its equipment to the Government.
This necessitated the elimi¬
cargo

of traffic and in

has

156,

and

passenger

Judge Thomas W.

V.

the

in

year

Monday, January 4, 1943

were

for

the

year,

of

a

a

one.cent

earnings

year

ner

were

decline

cent

per

and

dollar

$3,352,282,

of 8.21%., and
dollar,of sales.

one

of

(Continued

and

page

in

$300,035

represent
Like

four-tenths

sales.are
on

or

cents,

sharp

40)

a

ratios

less
net

than
profit

for

1940

respectively.

contrast

10-the

weNmi
York Stock Exchange

Stock and Bond Sales
DAILY
delivery sales are

NOTICE—Cash and deferred

we

furnish

4

Securities

Federal Farm Mortgage Corporation coupon bonds on the New York
32d of a point. (See note below).
31
Jan. 1

2

1952-54

Vis,

[Close

Low
[Close

•

[High
•
Low

Treasury

High

Vis, 1947-52

High

[High

Close

[Close

Total

units

sales In $1,000

[High

Low
[Close

1946-56

v
sales

Total

[ High
Low

100.6

100.7

100.6

100.7

10
■—■''

Low

100.18

[Close

100.18

units...

[ High
Low

[Close

,

Close

units

Total sales in $1,000

...

'

High

[High
Low

1946-49

110.11

[Close

110.13

110.11

110.13

2

Vis, 1954-56

Close

3

2

High

[High
Low

Total sales in $1,000

110.2

Low

r>

110.2

2sl March

Close

Total sales

[Close

Close

Total sales in $1,000

109.2

:::>

1

High

Total sales in $1,000

units

units

V.[High
Sept., 1949-1951
\ Low

'.//

[High
Low

V

-j Low
[Close

Low

■

;v

units—
f High

2s, June, 1949-51

:.'.v[Close

1948-51

...

—

109.2

units

1945-47

Low

2s, Dec. 1948-50

109.2

|

1

in $1,000 units.

High

(High
Low

'///■/,■

Total sales in $1,000

1948-50

—

2Vis, 1955-60
Total sales in $1,000

liOW

110.2

(Close

■

units

Total sales in $1,000

:

103.26

High

3s, 1951-55

\

103.26

units.

units

[High

2 Vis,

103.26

Low

1947

2s,

\

-

Total sales in $1,000

3 Vis,

Low

•

Total sales in $1,000 units

[Close

•r.'V-' //.'

■.rHigh

Close

units

Total sales in $1,000

••

110.13

110.11

[High
Low

1946-48

Total sales in $1,000 units

units..

\

2s,

[Close

•

Close

Total sales In $1,000

units
'High

Total sales in $1,000 units
2 Vis,

1951-54

•

Total sales in $1,000

[High
Low
[Close

Dec.,

2s,

1949-1951

Close

units.—

[High
Low

-

[High
Low
[ClOSe

\

1950-52

2s,

\

[Close

Total sales in $1,000

units

Total sales in $1,000 units
■

[Hign

■

;

1951-55

23,

•

Low

1958-63

Close

Total sales in $1,000

Low

1953-55

2s,

LOW

2% 8, 1960-65

[Close

,

Close

Total sales in $1,000 units

Total sales in $1,000
Federal

—

1945

•

[High
Low

3 Vis,

[Close

units

High

Farm Mortgage

1944-64

•

Total sales in $1,000

f High

'

[High

>

-j

1948

\ Low

1944-49

3s,

[Close

Low

[Close

Total sales in $1,000 units

units

103

[High

Home Owners' Loan

[High
Itts, 1949-53

Low
[Close

units:

Total sales in $1,000 units

Total sales in $1,000

—

[High
High

I Vis,

[High
Low
[Close

units

Total sales in $1,000 units

2%S,

Low

■

Total sales in $1,000

units—

2Vis, 1956-59

2 Vis,

Holiday

[Close

:

Holiday

Low

■

......

Vis, 1949-52

3s,

Vis, 1952-55

2

Close

3

...

\

1951-53

2%s,

Low
—

Total sales in $1,000 units

Total sales in $1,000

100.16

100,18

units

Total sales in $1,000

High

3 Vis,

100.14

2

[High

Low

j,

'

|

2Vis, 1967-72

Close

1944-46—

100.16

100.7

100.4

3

___

High

Total sales in $1,000

L.

4

Total sales in $1,000 units

'

3%s, 1943-45

100.2

\

1963-1968

2Vis,

[Close

Total sales in $1,000 units

100.2

«

units

In $1,00

___

[High
—\ Low

3Vis, 1943-47

100.2

100.2

[Close

units

Total sales in $1,000

——

100.2

[Close

2Vis, 1962-67

100.2

i Low

units

(High

3 Vis,

Low

2%s, 1956-58.

j Low

43, 1944-54

3 Vis,

»

Total sales in $1,000 units

.v

Total sales in $1,000 units

Total sales in $1,000

Dec.

Dec. 30

Dec. 29

Dec. 28

Dec. 26

Daily Record of U. S, Bond Prices

Jan. 1

Dec. 31

Dec. 30

Dec. 29

Dec. 28

Dec. 26

Bond Prices

In computing the range for the year.

the New York Stock Exchange

on

transactions in Treasury, Home Owners' Loan and
the current week. Figures after decimal point represent one or more

'

Treasury

YEARLY

-

only transactions of the day. No account Is taken of such sales

daily record of the

a

Stock Exchange during
Dally Record of U. S.

WEEKLY

-

disregarded In the day's range, unless they are the

United States Government
Below

9

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4139

157

Volume

'

3s, series A,

1944-52

•

Low

[Close

Total sales In $1,000

103

Low
[Close

103
1

units

'

Total sales in

$1,000 units

-

High

\ Low

1%S, 1945-47

LOW

IV4s, 1950-52

Close

[High

[Close

Total sales In $1,000

units

Total sales in $1,000 units

fSale of registered bonds.

''Odd lot sales.
There

were

transaction in registered bonds.

no

NEW YORK STOCK
HIGH SALE PRICES
Wednesday
Tuesday

•/>■; V

LOW AND

Monday

Saturday

Dei. 28

Dec. 26
1 per

*50%

t per

51%

50%

51%
/

50 Vi

I per

*50%

113

*33%

3:5

*40 Vi

41%

40%

40%

*40%

40%

40%

40%

7%

7%

7%

73/4

7%

7%

'7%

75/8

26%
*143,4
41%
*61

26%

15

263/4

14%

143/4

39

41%

26 Va

14%

3%

3%

%

3*2

4%

4%

4%

45%

4'/8

6

173/4

%

43/a

4%

43/a

4%

4%

11%

12 V'8

*12%

157/a

7%

7 Vi

18%

17V4
*56%

64

*56

64

*56

64

6%

—.

7,300

■

600

145/a

14%

__

->

47/a
4%

4 3/i

18%

4%

12,000

5

—;

13

:

7V4

7%
143%

73/4

7%

__

1423/4

143%

11

103/4

107/a

1034

103/4

10V4

11

16%

153/4

16%

163/B

16%

16%

16%

61/4

63/a

6%

6%

6%
*73

6V'a

x6%

6%

6%

*3/4

*11%

27%

26%

26%

26%

27

261/2

26 Vi

17%

18%

183/s

183/a

18%

183/a

18%

18%

%

H

Vi

ii!

%

%

3/4

*11%

13%

*11%

13%

*11%

13%

*11%

*68

!3{}

*

.

700

2,300

.

—

17,600
100

__

26%

Vi-

...

.

,

—

,

■

,

900

i

—

9,100
3,600

__

69

69

.

900

69

69

68 Vi

69%

69

68

.69

23

23

23

23

22%

22%

23

23

23

23 %

1,400

56 ®8

57%

58

581/a

56

57

56%

57%

55%

56 3/4

6,200

For

footnotes

see




page

19

..

•

No par
No par

Corp

Address-Mutigr Corp....10
Air Reduction Inc
No par
Ala & Vicksburg Ry Co
100
Alaska Juneau Gold Min
10
Albany & Susq RR Co—
100
Allegheny Corp
No par
5%% pf A with $30 war
100
5% % pf A without war——100
t.

$2.50 prior conv

preferred-No par

No par
100
r—
1
Allied Chemical & Dye—No par
Allied Kid Co——.
—5
Allied Mills Co Inc———No par
Allied Stores Corp..
.i.—No par
5 fc preferred
100
Allis-Chalmers Mfg———No par
Alpha Portland Cem_.
No par
Amalgam Leather Co Inc
1
gtd—

6*conv preferred

'

13 %

Adams Express

Alghny Lud Stl Corp

1,600

6 3/8

17%

25

Acme Steel Co
Adams-Mills

Alleg & West Ry 6%
Allen Industries Inc

■

...

—

27

27

"

?

' "

—

76

*73

76

*73

76

*73

76

'

—

7%
145

145

144

No par

1,200.

■

•

73/a

100

4% preferred

6,600

—

„

16

143V4

3,000

v,

.

64

11

142 Vi

1,700

1

...

18%

18

*56

64

16,700

5%

13

13

19,600
20

16%

*17 Vi

;

32

10%

75 Vi

•*'•

•.

82

16 y8
75 Vi

60

__

35/3

32

32

5,700

.

65

3%

1,300

-

40

*10%

142% 143

400

—...

73/4

Par
Abraham & Straus

Amerada Petro Corp
Am Agric Chem (Del)—
American Airlines Inc

Year 1941

On Basis

No par

Abbott Laboratories

190
110

40%'-'

393/8

81

84

18%

*12%

18 %

3%

%

12%';/:

45/8

4%

4%
13

*56

.

:%_//'•;,///'/

33%

26

*61

61

*82

%

*18'/a

7%

900

9

%

*4%

39%

3V/a

3%
87

*81

84

*81

33/b

%

*12%

40%
25

263A

14%
x39

61

65

*61

65

*61

87

*25%

15

33%

33%

__

Range for Previous

Since January 1
of 100-Share Lots
Highest
Lowest

Range

STOCKS
NEW YORK STOCK
EXCHANGE

Shares

__

__

•

3Vi

3%

,

33%

35

41%

'•

41

65

*81

27

*25%

15

4134

*33%

35

*33%

51%
113

*111

>

111%

the Week

I per share

t per share

51%

51%

V;-.

-

Jan. 1

Dec. 31

share
113

*111

113

112

113

113

share

503/4

S per share

share

•/' ''• '
Sales for

/.

Friday

Thursday

Dec. 30

Dec. 29

V

RECORD

50
No par
No par

10

f per

share

# per

share

Lowest
I per

share

Highest

$ per share
55Vi

Mar 24

113

Dec

31
23

Feb

May 14

<51% Dec

46

37
104

Jan

12

34

Dec

54%

Sep

May 14

43

48 3/4 Jan

13

43%

Dec

51 Vi

Jan

8 % Nov

9

5%

Apr

8%

Dec

26 3/4 Dec

30

17V4

Dec

24 Vi

Aug

163/a Dec

4

9%

Dec

157/a

Jan

41 Vi Dec

26

34%

Nov

45

July

Oct

22

73

Sep

75

Aug

Dec

5

Dec

99%

31

9
5% Apr 24
Sep

39

8

18Vi Jun

Mar 27

10

29 V2 Apr

-

'28

6
1% Mar 24
69% July 15
Jan

61

69

Nov 23

4

943/i Feb

10

*

1%
85

Sep

Jan

Aug

% Oct

5

%

Dec

%

63/a Nov

6

3%

Dec

10%

Jan

6% NOV

7

3%

Dec

9%

Aug

Jan

27

11%

Dec

21%

Apr

17%

Dec

Jan

~4V4

Dec

11%

9

7% Dec

May 25

12 % Jan

2
27
31
6
26

253/8

16
May 25
57% Nov 28

22V/4 Jan

117% Apr 24

163/a Nov

18

28

6% Nov

•

i's Jan

2

3% Apr

17

3% Apr

18

93/a Jun 23

3% Apr

118% Apr 28
10

4

Apr

3
22
Apr 29
14% Apr 17
H Aug 19
14

July

9

11

Dec

43

Mar 27

183/4 Jun

30

25% Apr

7

17

73% Feb
149

81

Jan

Jan

30% -Tan
19 Va Nov

1% Jan
187/a Jan
70 Va
24

Oct
Nov

58% Dec

12
13
3
12
26
27
22
4
28

135%

Dec

10 %

Feb

11%

Dec

Jan

Jaii

167% July
13

Aug

14Vi

Apr

Dec

9

71% May

87

24%

37

Jan

21 %

Aug

5

.

Dec

14% Mar

%

Dec

Sep
-

Oct

1% Aug
Sep

Apr

20

41%

Feb

63% July

14%

Feb

22% Deo

40

Feb

58%

10

Jan

COMMERCIAL & FINANCIAL CHRONICLE

THE

NEW YORK STOCK
LOW

Satnrday

Monday

Dec, 26
S

t

8%

8%

*46

8 Va

48

47

4%

*4%
*29

4

'

30

*127%

3%
72%

8'A

47

S

8%

46%

47

4%

4 V4

4%

28 Va

•27 V*

27%

128

*127%

3V2

3%

72 V4

128

-

■>127%

3%

71

70'/a

176

'*175 %

25 %

25

64%

64%

17%

17%

%

*103

104 %

*14

14%

17%

•

106

106

106 Ve

101%

101 %•

*14

>:

20

•

16

6% '

6%

14%

14%

100%

15%

2

14

16

1%

6%

*5%

24

2

46%

7V8

47

14 y4

1%

7

*5%

24%

47

32

31%

31 %

31%

32

55%

2%

55 V2

2%

•

36

55%'

55% V

.-55 Va

2

1V'8

4%

1%

35 %

>

37

35 %

4%

*4% y*38

4 %

;

5

7%
*12%

'

12%
"v>;

7 VV

*37%

:

7%

?>•

12%
*

7%y.

7

y

•20%

19%

20%

19%

>*116%

116%

>: 116Va

116%

*25%
,

26

<,

26

26

>:

y

26

20
26*

>8

>(f

%

17%

17%

18%

15%

15%:

15%

16%

6 Va

6

'1

25%

n

%

id

%

18 Va

18 Va

18'4

16%

16

16%

>> 16%

■"

153

*

5%

6 Va

*152

.

■:>

158

"5%

>>>

6Va

10
'

9%'.

10% >

'

53 Vi

8%

54

8%

*152 "

V8

158

10 "

»

54

8%

8%

25 V4

25 Va

25%

37

37

36

37

33%

20 3 4

*11%
*11%

19%

203'4 :

11%

ll3^

11%

11%

11%

12
19

19% V...

19

19%

88%

88%

88

88%

*21 Va

22%

21%

21%

125%

126 Va

124%

125%

42%

42%

42%

42 V2

43%:
131 Va '

7%

7%

32%
*1153a

116

3%

3%

*51%

12

11%

11%
19%

19%

88%

*88%

*21%

22%

*21%

125 Va

127 %

42 Va

>

42%*4
43 V4

129:

'*115%

130

7

» »:

116 >/a

33

HoVa

115%

3%

*54 V2

55%

3Va

■3%

3%

52%

52 Va

52%

3Va

3%

3%

.*

3%

3%

*41%

•

54

3%

44

-

3%

54

531/4

3 %

*42 Va

-

3%

.

44

*42V'8

54

24%

24

241/4

231/2

24%

25

24

25

15 Va

15

15

111%

111

111

11%

*10

1%

1%

35%

*34 Va

*107

108%

2%

3

45

43 Va

*32%
*7 V

33

4%
"v

5%

*70
*55

99

>

6

•

>
"

6

.

'

> 24

*40

'/
>■

45

'

54%

*113'A

45%

44%

67%

67%

27 Va

*50%

115
7%

2%
*25%

115

3%

10%

17

6%
*50%

53%

28

28

3%

10 %

10%

3 %

31/a

3%

5%

5%

5%

5%

514

4%

5

'

*29

,7%

46%

66

27%

28

:

19
18%

18%

110

6%

"2%

*2%

3%

*2%

3 Va

2%

27%

*25%

27%

3 Va

> 3%

>v 3%

'3%

10%

10%

10%

27%
,

y

10%

>

27%

1%

10%

10%

3

3%

3>/4

3%

3%

6

6

6Vt

29%

30

*28

5 Va

5%

5

31 >

30

•

30

>

Dec

Jar

14

33%

Dec

40% July
45% July

148 V4 Nov

27

36% Oct

26

•;

Apr 29
3

9% Jan

2

7'/a Jan

21% Nov
> 12 > Feb

3

138

12

Mar

29%

Mar 14

144

11

16% Jun
'

43

139

2

155

Dec

15%

15

'

28 Va

Dec

120

22

Apr

108 V4 May

Jan

8Va

Dec

11

>> 6%

Dec

13 Va

13
14

13

Feb

6

Va July

22'/a

>81 ;V. Jan
11% May
115V4 Dec

Aug 14

134% Jan
,

Jan

4

97% Jan
23

2

Jan

150 V2

..

21

Oct

21 'A Jan

Mar 26

78% Mar 27

Sep

54

Dec

>

Jan

Sep

98

Sep

19%

Aug

14

168%

Jan

43%

Dec

73Va

Jan

43%

:

Dec

74 Va

Jan

x!43

Dec

3%

> 159

>

Jan

7

Jan

29 Va

Aug

Dec

116% Aug

22%

22%

22%

22%

22%

24 Va

110

29%

*25

29%

*25

*90

94

*90

29%

94

*90

24

*103

93

8%
*21%

ll'/a

33%

3414

33%

15 Va

14%

15

14 3 a

54%

*53%

8%
28

11%
34

14%

*26%
93
•

9

*21%

24V4
110

-

23

Jan

99 Va

Jan

Dec

8%

76% Jan

51 >

Feb

2%

Dec

14

22% May 20
24

107

20

-

29

May 26

7% May 20
Mar 11

'

Jan

28% Jan

27% Apr

par

27

>

13
14

8

46% May
22 Va Feb

Jan

•>56% July
,30

July

30

Jan

5

24

Dee

:

17

Jan

3

11 Va

Apr

>>17% Sep

112 </a Mar 19

110%

Jun

21

12% Oct

I

5
No

Dec

12% Mar 11

^.12.50

14

5% Jan
50

Aug
8J.'A Sep

>:••; 7 > Dec
% Dec

1% July 28
23

Dec

36

26

35% July
115 Va

Oct

>>12% Jan
2V»

102

pf 7% gtd__100

Illinois

of

2 Va

5

'42

Corp

Sep 29 1
Sep 10
Sep II

>40% Oct 21
21

Jan-2

5

5% Mar 20

par

-

1——No

^■-2% Apr 28
,79.

—-^^100

May 26

Jari

Feb

33%

111% Mar 12

>108% Mar

112 Va

Sep

14

2% Dec

5Va

Jan

4 Vb Jan

,

Sep

67% Feb

4

47%

Jan

70'A

Jan

21

60

Jan

72

Sep
Sep

23-

20%

Dec

34%

Jan

66

33% Dec
8% Nov

14

4% Oct

17

82

6 Va

3

Dec

9%

Dec

Sep

6%

i

Dec

87%

July :-3>

Jan

91 Va

Oct

10%

5

preferred_-t;>>-->tfl00

8

78

Dec

>

2d

preferred——

83

v

^

53

Jun

29

20

Jan

9

81% Jan

preferred

17

76

Dec

24

Jan

28% Dec

5% Dec

Sep

20

88

Dec

Sep

102%

Aug

35'/a

Jan

*

2

82

Aug

27 V2 Jan

2

Oct

3

18

Jan

31% July

100

60 Vs Jun

25

72 V2 Oct

7

53 %

Dec

100

-19% Jun

2

34% Oct

9

13% Feb

-70'A May
28 Va July

16 Va Jun

24

5

6

100% Dec
53

>

96Va Mar

25

pref series A

conv

Corp

.

.

$5

.——No

*9

••

Nov

72 %

Jan

25

May 23

70

Jan

111
May 25
V'/TV Apr 30
1V4 Apr 17
15% Apr 28

116

Jan

17

9 Va Jan

>

26

46% Apr
43

,

2% Jun

2

3% Dec

14 38

*53%

22 %

22%

■22%

8 Va

55%

8V4

55

56 %

8%

8%

31

Dec

Va Jan

56%

561/4

56%

•6

900

Jan

10%

Dec
Dec

Dec

4

Apr

15

6% Jan

22>

Jan

Conv 5%
preferred
i.„—100
Barber Asphalt Corp—.———10
Barker Brothers——-—No par
•

•

5 %

%• preferred-!-—————i_50
Oil

Co

_i5

—

Works

Corp
Inc_

1

14% Jan

2

3Va

31

18%

23

7

Apr

25

6Vi Nov

12

5 Va

24% Aug 20

33% Dec

8

12% Dec

18

4 % Apr

8% Jan

2

•

12%. Jun

3

18 Va Jan

X23'/4 Nov

30

15

26

Oct

165

Oct

30

Feb

24

64

110% Jan

10

9Va Dec

30

Creek

RR—

Best
Best

Aircraft

7 %

Corp

Indus

—1
—

Loan——No- par

pfd $2.50 div
&

Co

—5

•

series '38_No par

—

—No

par

Foods

Steel

preferred

23 Va Jun

Apr

8

24

6% May 14
13

May 20

9% May 20

——

—100

Dec

Dec

10% July4*

Dec

24% Mar

20

35

Dec

Sep

31% Mar

Dec

27% July

Dec

106

Oct

28%

Feb

32

Apr

Jun

126

Jan

:

108

6%

Dec

10%

Jan

17

___

—

2

3

Sep
9% July

102%

3

17% Nov

30

8% July
Oct

'

28 % May

21

39% Jan

9% May

6

32%

'

4lVa

Apr

15% Nov

12

10%

Dec

20%

46% Mar 18

54

Sep

24

50

Aug

57

17% Apr

24% Jan

19

27

8 Vb Dec 30

(Del)— _—No par

'

July

12%

Feb

17%

9

Apr

-34
.

13%

9

Mar 20

Jan

5% July

8% July
,12% Sep

7%

27

15% Apr
20

/

Dec

.

27%
;

6

103

w—

19

/

Dec

v

36

——25

w

Dec

26

Dec

.;13% Dec

2,

6 '/a Mar 25

No par
—_50

—No -par

Creamery

Bethlehem

1

Oct

5'A

Va

t c

49% May 25

Oct

>25%

2

Pr

4,600

3%

May

3%

Bayuk Cigars

24,200

13

Oct

9% July

>> 2% Apr

17

4

28

Beatrice

4,200

55%

121

>

2> >v 1% May

27

Bath' Iron

54%

> Feb

4Va Jan

Beneficial

JWrVa

Apr

6

T"

Sep

7% July

May

111

'

7V2 Jan

2,400

14%

61

5

3

Bendix, Aviation

54 Va

>

23

6,500

*53%

107

5

22

4% Jun

Bell

23

111

51 Va

Jan
Dec

2% Jun

7,700

22%

*109%

Feb

7
51

9% Jun 29

v

Ohio——

—

22%

May
Feb

111 Va

6%
47%

109% Feb 20

21

6V4 Sep

-100

•Barnsdall

9 '/4

34%

Dec

Packing Co_
^_20
Belding-Hemingway-——_No par
Belgian Nat Rys part pref

12 Va

34

Nov

28 Va

Jan

—13

&

-

28

11%

56

Jun

4 %

-

Beech-Nut

*21%

Jan

19%

34

preferred—
100
Bangor & Aroostook——_—i-50

Baltimore
•

-

16 Va

28

99% July 20

par

—100

Rrjor A__—No. par

Baldwin Loco Works

Oct

3

23 % Jan

5

preferred———'——50
Powder—

45%

45% Jan

33
■

—100
.:

—

13% Feb

Mar 16

14% Apr 30

1
—100

i

Refining,—

94

110

7'A

Dec

3 Va

6% Jan

*90

34 V4

Dec

64%

6

77% Jan

Beech

9Va

2%

3

5% Jan

4Vj Apr 28

28%

33 Va

110

29

No par

Midl'd—

(Del)

Co

$5 preferred

*5314

108 %

11

3 Va Apr

38% Jun

y,Aviation Corp of ;Del (The)—;

110

23 Va

108%

51% Dec

13

Nov

70% Feb

61 Va Mar 24

*26%

28

29

> 4

1

93

12 Va

14

*241%
*103

1

54%

54%

Corp

Corp—

28%

U%

3 Va Dec

par

25

5% 'conv preferred

900

24

*103

*25

Aug 14

^=.^100

Atlas

1,000

251/4

22%

39

par

Atlas Tack Corp———,
No par
Austin Nichols
——j——No par

7,000

12

1% Apr 15

par

1st

:■

5%

13,400




!

,—1

Atl G & W I SS Lines

210

121/4
13%

page 19

29

_100

Constable

Atlantic

550

VB

see

14

May 25

5% preferred.
—
100
Atch Topeka & Santa. Fe—----100

2,000

13%

•

No

preferred
Atlantic Coast Line RR

'

'

No

-

5%

4,800

121/4

footnotes

Oct

35 Va Jan

14

&"■'Elec>,>.No

preferred—

7 %

16,800

5%

13%

For

10%

Assoc Investment Co_.—No jiar
»

15,500

3 Va
6

12 Va

109

Dec

>

100

Associated Dry Goods-—
>

35,800

5%

5

&

Arnold

30

3%

.

3%

13%

551/4

6

,—-25

Woolen--

Daniels

Artloom

600

12%

1081/4

Jan

16

par

&6 conv prior preferred——No par
7% preferred——-.i
i—lOO
Armstrong Cork Co
No par

150

13%

55%

Jan

14Va Dec

>

>

100

12

108%

Jan

73%
7

136 Va Jun

.—100

Wks

Armour & Co

1,000

7%

*25%

•

Archer

53

13

55%

Aug

> 15%

Dec

100

Mining—.
Paper Co Inc

-Armour

114

*7%

12%

108%

165 Va

Dec
Dec

4%

_No par

Copper

W

P

*52%

7%
•

13%

23

Feb

9
50

Jan- 13

'

1,600

23

Jan

30

—100

Anchor Hock Glass

*112%

114 >

7Va

1214

23

7 V4

> 6% Feb 12

...No par

Amer Zinc Lead & Smelt

6%

1314

*53 Vb

155

Jan

12

Va May 14

1st preferred—

4%

12%

*14%

3

165

>

Jan

OV2 Nov

Foundries Inc——10

Water

$6

Atlas

53%

*112 Va

•

American

6,200

5%

11%

Dec

3V4

Sep

-300

5

30

'/> 3%

112

6%

4%

UVa

9

2

Am

2,300

*25

6V4 Nov

116 V2 Jan

50%

4%

11%

Jan

6

110

5i/4

3414

39

% Dec

6%

514

30

Dec

23

50%

12%

3414

17'/a

21

500

36

*11%

Jan

9

28

11,800

.

13%

*25

46%

Jan

Jan

7% Nov

1,300

19

*107%

6%
51

53 Va

18
45
■

12%

8%

% Dec
20% Dec

•'

18

> *44

35

8%

23 V4

5

9

4% Mar 11

29

Corp„

Dec

Apr
26 Va Aug

17

v

——100

preferred J

Sep

23
121

33 Va Dec

4,600

,

4%

9

6 Va

Apr

59 Va Oct

„

No

Jan

3

:

}St Jan

9 V2 May 25

35 Va May 14

>.i $5 div preferred—*—:

30

13%

*8%

Feb

143% Jan

1,8*00

■

13

24%

.

Mar

111

6

19,700

34%

105

26% Jan

Va M*T14

.

2>/4
)5%

2

17

400

>

4%

24%

21% May 21
l;

:

4

4

Feb

119

27

100

45%

45

*50%

•

;

30

101%,

65%

28

*107%

>

65

*23

4-6 >

18%

113 V4

*7%

*57

*100

12%

*103

7% Nov
23% Mar

May 15
29

.-Anaconda Copper Mining——50
Anaconda W & Cable
No par

200

33%

25

Jan

Apr

8,300

s

72%.

4%

106

13¥4

.

50

"

6 Va

12%

25

Dec

•

3% Apr

t6%

Amer Type

—'

331/2

*103

8Va

:

27

1,500

I

65%

17%"

51

-

f

4%

23

21

27

700

4 Vs

99

12 5 a

22%.

12% Dec

24

Preferred

100

321/a

23

30

50% Jan

4,200

12%

*22%

Jun

20

par

No

> $5 prior conv preferred

3,200

|

33%

31

Jan

95 Va

49% Jan

-

400

12%

*29

17 Va

Dec

29

300

i

32%

31

Dec

20

-

23,200

12%

51/2

Dec

77 V,

Apr

Ship Building Co
Smelting &

Andes

34

*514

38

24

A

13

34

*12%

>13% Jan

>•' 71/4

34% Apr

700

>

.,7%

Va

*70%

30

*44

110

113%

55

27 Va

53%

10%

3Va

Dec

6

4

18.50

Common class B

400

45 Va'

6

101%

-44%

>6%

53%

3%

5%

» 6%

Sep

6

25

Sumatra Tobacco—

300

;

30%

*85

70%

x65V2

18%

4

>

6 Va

■55'

44 Va

>107 %

•i *7 Va > 7%;
>> 2%
2%

28

3 Va

16%
18%

6%

115

Jan

33 Va Apr

<

1,980

45%

45 %

6%

4%

*28

45%

44%

51%

30%.

:

Oct

4Vi

20

3% Apr

-

2 Va

Dec

'

Nov

16

par

Co——No

51V* Aug
30 Va

V

20

10'/4 Jan*

22

Foundries—,

Jan

91

4OV4 N0V

15

preferred

Jan

4Va

5

12 Va Apr

Co—

38 Va

> 33'/a Aug

9

6

preferred

Safety Razor—

Sep

Jun

26 V4 Jan-

No

24%

2'/a

Jan -21

23

4.

Sep
Jan

Dec

9

15Vo^pr

__

Jan

3%

Dec

101V4 Apr

;:

1,600

:>

3VS

30%

99

*100-

27%

*107%
>
6%

Aug

Feb

31

7

26-

1

■

Dec

5% Nov

14

113 Va Feb

:•

Light— -.—.No 'par

» 5% preferred

» 90

35%.

3

6%

u

'70%

69

28 Va

/,

4

6

55 "

a

54%

*7%

6%

28

17%

;

*85

100

6%

par

Sugar Refining

•

36,000

103'/a

*40

:»

70 Va

55

19

:

Sep
Jan

28%

•Oec1

42 Vb

May 29

'

15 Va.

'35%

45 Va

V "5%

•28

51%

6%

*50%

par

-American' Viscose

700

1 %

45%

99 ";:

100

110

Jan

9 '/a Apr

—100

Preferred

-

100

Nov

Aug

>

May

17 V4 Jan

100

10%

.

42%

27%

110

No

Ltd—.——No

Co

Stove

r

6,300

25 %

rl08Va

32

30

44

>

Feb
;

par

>5,800;
•

1%

3V'a

42%

100

17%

2

6 % Jun

-

65

par

Metals^-,

&

2% Apr

23

Dec

56

37

29

Amer Telep & Teleg Co—-—100
;f American - Tobacco-—
—25

19,100

111%

2%

31%

*28

18%

2

27

6

35 '/a Mar

par

:

500

f

.

4%

10%

33%

70Va

73

43%

•'

24%

1%

43 Va

5%

•>.

■

>

•

6Vs

3

"V

54

25

10
.

35%

*85

18%

10

preferred—--W——N6 par

$5

Am

5.200

r

110%

107%

100

19

*107%

10

*1%
35%

44 5

437

18%

No

No

American

6,700

43

15 Va,

107%

67%

*17%

>

15

8 Vs

45%

*42%

V

3%

24%

110%

:

351/4

68

28 V4

*110

•11/2

28%

.j *67

15 >

V
-

1*6%. > j:i3% y/v4'>

V

'551/2

17

Va Jan

5

-4% Oct

Fdy Co.

American

ioo

•

3%

43

24%

10-7%

32

99

55V4

30

100%

45%

:>4>

*70

59

;

7
:

4.

&

American Stores

■

13,500

3%

25

*34Vb

44%

43%

*85

75

*28
*100

,

>:

4%

*85 >

111

preferred

Am^r Steel

-

>

"12,900

54

53%

>

2%

.

33%

6%

of

-

par

——100

Mach

6%

-

>4,600

3%

3%
43

*1071/4

>

45V'2

32%

4

43 Va! rr

53%

53%

3%

10Va

'*1%'

3%,

*40

7%

--_No

Locomotive-—-

t Prefer red

800

42 V4
;

> .3%

3%

24

15

111

*10

-

351%

45

*40 i

111
:

109

3

45

> *14%

1%

: -

'107

;>

>

10%

1%
*34%

.'lilji-'

>»

^ 129
130
>..'., 7 Va .....7Va,
; ' y 32%
•33.%>::
> *U5j/4 >116 Vi

3%

*42 Va

24 V8

24 Va

*10

r'

>

"3%
>

44

24'A

*111

.>■'

.

22%

42%

52%-

53

-

24%

y, *14%

<•>

Jar,

•

•

3%

3%

13

-1 % Jan

25v Mar

American Snuff

-

>2,200
,

127%

41%

"k
■

7%

■,

32

19%
91

127

42%

7 Va

33

19%

Jan
Jan

:

IVa

'

41V4

130%

7
32%

X36% Apr

par

Am

>

600

Oct

3

36 Va Oct '16

52% Apr 28'

12,600
1

;

35

w

24

conv'preferred^;———-50

American

30

tYf'&k:

..

Xl7

May 26

142Va Jun 22

1,400

-■r->w^'

.

2 Vo

32 % Sep

Rad & Stand San y—
No par
Preferred v——_
——100

! 8,600

11%
12

jun
■

"•

——100

Preferred

-$6

> 350

'•>>,"

121

Feb

l50

No

Co

-Amer

20%

11%

Invest

>5,800

-•> ■

115

Dec

—No

Corp.:

-Amer

:'

><•23%

Apr

6 Va

Products—1

1,490

■

...

12.

88 V4
.

>, y>

.35%

19%

>

11%

1

3%

>'

20

»<11%;

147

Dec

Dec

preferred

;

•>44

I6V2
90 Va

1%

Ice_L__—

-American- Seating

...

3

107

.■-American Rolling Mill..——25
4 Vb % conv preferred.———100

•3,470

.

144

88 %

42

:•>•

145

..

j.

Jan

May 26

34% July
79 Va July

9% Aug

>1,700
y>>

37%

144

19'%

%

42

:

;

•".!

Feb

8%

preferred—

Mach

>

1,300

26 V2
•

Apr

Power_Z—_

Amer Power &

•

17,400

....

Jan

23

56

19'/a

American News Co—No
•

45,400

y4>

■>

.v?

13%

'.; >34%

35%
148

19%

»

41
»

145 Va

34%

22%

52% / •>'•

52V4

145%

125%

116

3%

54

37

124%

7%

*115%

37 Va

11%
'

130

33%

36%

*21%

44%

7 Vs

26

.

131

32%

33

26%

.:

43 Va

42%
129%

.

88
■

25%

*144

■'J i J.'

V.

conv

Metals

>
:

15,500

,

9%

13%

19% >

,13%

'.

09

13%

148

>>19%

12

9

13%

35%

*144

.

19%

131

670

10,800

10V4
54 V4

14%

145%

34%

148

> -">.»■

;

185

2
13

Apr

6%

y&'&if-!

10

36%

144%

34

*144

16%:

Aug

Jan

11%

Amer
'

17,400

•vSi.,-

18%

53%

53%

8%

:

Oct

3

73% Jan

preferred—'—'__—_>No

Amer

110

■I

130%

s'95% Jan

Dec

"Amer

1,700

;,v.

6Va

26%

,.

36 Va

144 %

144%

33%'
144

20%

.

<2,100

if'-}***-'

Dec

par

1 %

American

1,400

,>: >':44

*152;.. 158
1

10 Va!

,53%

8%

14 ■ •, ;•

13%

143

33%

.

10

53

> •■'•, V 13%
<!•'■■ 25%
261'4

14 Va

145%

•>•'>'4 J;

157 Va

Oct

33

Apr
Mar

No

>* 5%

200

11,300
j. 600

•

%.:>.;

&

■.

6

"

144

>"> ■

,»'
>■-•

26%

18

ul

6%

*152

10%"
54 VA

*13%

>

7%
20 Va

'

117%

"

10 3a

53%
*8%

7%

17 Va

...

"

>

158

'

12%

*116 Va

15 Va

■

"

6

>;>'
•

20

26

:

;■>'/.

y

i

>...44

.

For'n

American

.

1 iY

17%

*152

»>

7 Va

117 Va.

&

'Amer Internat

■Vfv 200

7%.

3

176-

20
May 20
55'/a May 21

1

Encaustic'

6%non-cum

4,800

'

82

;

1214

20%

:.

iU'jJ

39%

>: *81

12%

>*116%

26%

39

>>:■ 7%

•7%

"6%

20 %

116%

5%

.

Dec

'

200

"

81

12%

7 Vs >'■

6%

20%
*116 V8

4%

.

39

7%

12%.

4%

.'..: 041/a

v

V

;

55 J/4

Jun

95%

American
4

"V

18

Allegh Co N J

•*American" Home

>1,000

!>i

>

.

28

"American Hawaiian SS Co
"American Hide & Leather

il,800

1%
37

10

3% Dec

74% Dec

Distilling

6%

55%

37

5

81 ":•.'

<4,100

»:!1%

5 Va

'5 "

80%

12%

of

$7 2d preferred A——
$6

36

55%

2

37 ■>>■■•■

39 *

7%

r80%

55%

*35%
4Va

39%

7%

Co

•>< $7 preferred^—

il.400

2%

*33 %

xl22Va

130% Feb

13

Dee;
Jan

39

American Export Lines

2,900

32%

2%

36

*1%

4%
"

5

83%

83

12%

.*7

39

7V4

83%

*4%

32%

2%

%

55%

1%' '
33 v•

4%
y

5

*38

7%

*80

4%

*4%

39

1%
*36

32%

2%

*33

Dec

8V4

Amer European Secs_

12,600

.".

26 Va

33

Aug;

47 Va

,

6 % '■: 1st

Amer

>4,800

8Va
41%

32%

>•'

55%

•

'

*1%
*35

>

2%

500

.3,800
:

15

20

16

American

21,600

48%

8

36

V j

25%

Dec

Jan

9%

Dec

3 Va

105.

Ame-

52,600

5%

25%

41%

24

Apr

100

>•"

'3,700
V/

20

Mar

—JVo

Inc

Apr

Nov

6 Va Oct

49

'

Sep
Jan

May

19%

Dec

34% July

51%

Dec

89%

8% Dec 31

66% Jan
121

Jan

2

7

115

Dec

i

$ per share

American Colortype CO—
.'American Crystal Sugar—
'<

fc

40%

r

*33%

Cable

v

l'/a Apr

;_100

&

Highest

5 Va

;

•

28

par

Am Coal

;4,200

1%

48

7%

■

r5 %

25%

.1%

48 Vs

7%

7

:

25

l7/»

<

Chain

V4 Oct. 26

56% Apr 29
159 v Mar 12

100

Fdy—

9

$ per share

share

120

25

•

&

Year 1941
'V Lowest

Apr

JVo

70

•,>> 160

15%

1%

Car

Range for rrevious

Lots

23

—1

—

2

14
3% Mar 11

5% conv preferred———
American Chicle-——
—No

>

1,400

>

14%
98

1%

32

2%'

7

14%
*95
15 Va

8%

*33*/4

6%

14%

96%
1%

4LV*

'

:»

15%

41

>.'-:

20

1%

24

Am
>

700

Corp__

$ per

38% Apr

No par
100

Preferred

"

6%

15%

42%

2%

*15

Radio

&

Can-,

1

iOO-Share

Highest

5% Jan

;_1

preferred--—

conv

Of

share

50

tPref erredr
r

200
.,

■

per

10

Cbrp^_.

Shoe & Fdy

Cable

Basis

$

' Par

>•

:

Bosch

American

4,200
'•

100%

1%

42

35%

18%
107

100%

96%

42%

2%

18

>104

16

,

6%

14%

41%

*33%

18%
102

100

*5%
>

49 %

7%

;

600

107

16

5% %
Amer

6,000

65%

On

.

Lowest

> ;'■

preferred

Brake

American

290

25%

15%

2

1%,

175%

1%

7

23%

» V.'. '
49% '
8%
:>

1%

3,900

15%

1%

23%

23

33,400

65

17%

"

6%

10

3%
71%

25 %

101

6%

97

,
'

127%

3%
175%

■>104

18

6%

:

14%

100 %

15%

*1%

17%

6%

American
Am

70%

>

American' Bank.Note—.4.

3,300

65

.

•:!'••'

3,200
.

25%

•>64%

''">•■■ .>"

>

210

4%.

Range Since January

STOCK

EXCHANGE

5,000

•v

176%

24%

65

103

100

15%

17%

'175

24%

103

7%

*99

175 V*

23%
*63%

*103

20

7

175

.

25 V8

64%

17%

106

*100%

176

24%
63

.

NEW YORK

Shares

27'A

127%

3%
71 "■•■

"

*174%

share

per

for

the Week

46%

4%
27

128

3%

71%

3%

72%

S

8%

46 Va

4 %

Sales

Jan. I

shore

per

8%

27%

4%

*127%

3%

72%

shore

ner

Friday

Dec. 31

29

«/4

29

128

*46

47

$

8 %

8Va

8%

STOCKS

Thursday

Dec. 30

$ per share

RECORD

PRICES

Wednesday

Dec. 29

share

per

SALE

Toesday

.

Dec, 28

per share

HIGH

AND

Monday, January 4, 1943

%

131%

Jan

Ja

n

Monday

Dec. 26

Tuesday

Dec. 28
t per

I per share

<

I per

Share

16 ya

16 '

16%

15 y4

15%

6l/8

6'A

ey4

5%

6%
12%

&
12 yB

13%

■

13

12%

■

io%

*9%

n

73

"70

76

15'A

14%

15%

41»/2

41%

40"

*90

95

90

90

.

28

28%

17%

9

29

30%

*16%

9

20 7%

21%

33%

'

29

.18

/

*33%

34

33%

37

37

'

,

'

'

ft

*1

'

%

,.

1

9

9%

2274

28'3/4

2874

'

6%

23/4

75%

773/4

*75%

'

,

77

*14

7

14

13%

19%

19%

23%

14%

.

19%

19%

24%

25

24% ft

,

,

:r/

•

'

20

ft/

*57

59 ft

*54 %

"

20

*57 '

55% ft

8%

i

23/4

2%

21

9%

'2%

•

;

21

5%

ftft:;: 57

59

*20%

9 %

9%

;ft 15%

16%

57

"

22%

22%

.

9

'

:■<

153/4

22

22

57

ft:

57

*53

1ft:

,

-ftft:ft" *57
55%
55%!:'/'.:
91/4

:

'

Va

*.

is

Va

-

ft'

15

143/4

(45

,.

—

-.'v ■' ft:

.

,

ft

9%

,.;

/•'7 1574

14%

14%

7

.

;

*37%

ft

374

4'A

76%

41/4

3

.

-ft

8474

77 26%

26%

ft. 7; 76

130

-

42

7

7-ft 417%

42%

40%

41

28%

ftft.

273/4

28 Vs

2774

28

901/4

96%

96V4

*118

.

119

'

8%
73%

*72%

74 7

1674

16%

17%

174

174

93%

*98'%

2%

274

*2%

123/4

123/4

104

2%

32%

274

,

(

t'

?2%

.2%

;7

123/4

-.ft:/

t

ftft.'

23/4 7

XL-'

.

V

•1

LXv
LL

•

7''

■

'

!'

,

r

S\

'ft

170

70

7"ft:

104

".'t"::

.274

274

ft.-/-" •• »

;

JCent RR of

1,300

.'-14. XL
■

^LLL^'-■•'XL*

"ft

*.f

1

274

274

274 ft

3174

32% '

.

xx'.::

'•'•',.ML-— "L:

Certain-teed

4,500

<

,

.

~r',lf;•/ XX
:

Products—:

preferred

656 prior

820

';

*17%

*17%

19

*99%

;; ftftftz

8

33

18

*9974

9274

774 */ft

34 -

94'%

94%

400

274

274

2,700

7% : ..774
2 .'-

5,800

10%

1074

4,800

5%

574

ft 574

1,100

8 '■■■•'/:

774

ft 8

X7%

*174

2 74

2

1%

2

*1%

*10'%

1074

1074
ft '.ft

6

574

1574

1574

*15%

38

*46%

47%

4674

15%

15%

574 v

15%

1574
36

*367/s

38

*47

4874 '

*47%

%
%

%

■

13%

1%

l'/4

,

%

11%

-11%

11%

*11%

13%

12

*13'%

,

13%

13%

13%

13%

,

-

*23

10%

*95%

96

95

*33

36

*33

-

22%

23

68%

70

X69%

1%

1%

"

38

95%
*33

38 -

2%

2%

38

*36%

80

*367/a

v

10%

*65

10%

*10%

95%

*95%

36

33

-

109%

*31 Ve

•*108%

30

30

30

31%

*101%

*101% 102

102

109%

109%

*101%

,

96

96

33

33

2%

36%

38

2%

36%

*108%

125

30%

30%

*30%

*81%

82%

83

101%

101%

50

*48%

38%

33%

.38 '
33%
*148%

154%

>

38%

33%
*149

,

89%

89%

*61

88

*107
18

18

*108

112

14%
*2%.

17%

17

«'

154% '

*148%

32%
154%
89

■

*148%

63

16%
107

18

17%

112

,*108-

14%

13%

2.%

1.3%

2%

...38y2

33%

*61

109

*108

14%

...,*48%

38%.
33%.

38%

37%

-

*.2y»

2

17%
107

18%
112
14

-2%

*3%

4

3%

3%

3%

3%

*3Va

3%

3%

3%

2%

3-

16

16

16

16%
For

.

footnotes'

15%

16

16

page




86%
*61 %

87%

16%
*106
18

*108

13%
2%
•3 %'

2%

,

19

.

*82

..

85

.

;

150

Va

•v

39, y-

V'.

154%,

;

2,700

.63

107

.16%
*106

18%'
112

17%
*108

3%

3%
2%'

15%

15%

15%

15%

15%

.3%
,

Ji

5,800
£—'

100

14%

(The)—L
No: par
Class. A
—
——NO'par
-Coca-Cola Intern Corp——No par

.Coca-Cola Co

..Colgate.-Palmolive-Peet-_—No. par
$4.25.preferred————No par

-

Collins & Aikman

..5%
210

3% ;

760

3 Va

250

15%

15%

2,700

15 Ve

15%

2,400

conv

Colo Fuel

3,300

2%.
■

100

Preferred

2,300

112

2%

,2%

15%

107 ;

13%

14

15 y4

17%.
-18:

Molybdenum———No par
& Coj—
No par

No par

-

preferred!

& Iron Corp.

1

100.
No par

-.100
preferred——'.
1O0
preferred—-—L100

-Colorado & Southern—.
4%

.

.

1st

4%

2d

.Columb Br'd Sya Inc cl A
Class B

2.50
2.50

,

*

86%

May

6%

1% July

Deo

1%

Deo

i1/*

4%

Dec

0

Aug

23

Deo

2%

Sep

6% July

Deo

4%
18

Sep

25

Deo

15

Nov

Deo

Jan

11%

Jan

76'/a

Feb

100

July

7%

Apr

12

Jan

15%

De«

2474

Sep

61

Mar

64%

Not

Deo

1%

Jan

7%

Jan

1474

Jan

11

32%

Deo

9

174

Deo

2

:

Dec

89

Jan

32

28

79

'"

22

2

.

Jan

Deo

3%

Jan

8774

78 Dec

31

43

28

112

Mar

Sep
Jan

125

30 :

15

Deo

50 74

18%

42% Dec 28
29% Dec

Jan

02% May
30'%

Feb

97% Dec

Apr

41

Apr

X2%

3974

374 July

•

Deo

130 Dec

Deo

2974 July

July

30

120% Jan 22
97% Dec 26
8% Dec

23% Jan

5 3/4

28
27

122%

Deo

Deo

10%

11674 Mar

Jun

Sep

65
x

Deo

75

15%

.75% Dec 30

t

574 Aug

Deo

3% Nov £ 7

.

.

Dec

3

9

i

28 Va Nov

Jun

2274 Mar
3% July

9

174

Deo

Jan

2

108 y8

Deo

115%

Jan

3% Oct

2

1

Dec

4'%

Aug

4%.

Feb

110

.

Jan

29

.

17

Deo

3% NOV

12

2

Deo

4

July

104 Dec

31

77

Oct

97

Apr

Oct

23
10

25

Deo

3% Nov

1%

Deo

34% July
574 Jan

32% Dec

21

22%

Apr

3774

Jan

Jan

6

Oct

21'A

Jan

18% Oct

29

14%, Deo

100% Nov

6
9

05 %i- Deo

.V
'

35
;

19

9% Oct

1

36% Jan

27

Feb

7

2% Dec

13

44'%

Jan

Dec

102'%

Feb

03

A

2

ft ft 1A

16

Mar

:

9

3%, Dec

3

9%

Feb

39% Jan

21

37%

Apr

Jan

5

49

Apr

7 % Nov

<17% Jan

52

2

y

% Sep 28
24
25
11 % Nov
9

A

iy4Sep

Jan

-

44'%
54

6

1

Jan

13

20

70 V\ Dec

28

4174

10%

74

Jan

V4

;

Deo /
Deo

Deo

Jan

July

W Feb
Jan

143/4

27

2% Feb
i

8'A

19% July

Feb

13% Feb

15

2

ft

Nov

074

26

Oct

July

8'/a May

2

25

3

11'A

Deo

A Deo
A July

1% Sep

3

6 Vs

Mar

374

13% Sep

1

174 July

Deo

26

1

28

-

1% Mar

2% Jan

2

Oct

Deo

31%

8% NOV
;

Sep
Jan

Deo

4

68

22%

107'%
18

574

•

2

2

Bep
Sep

3

Aug

27

Jan

72%

Jan

1074 Feb

3

8

Deo

99

Aug 18

02

Deo

19

34

Apr

14

40

Aug

3

Jun

6

2

Deo

4 Vs

Sep

39% Nov

4

Deo

40%

Aug

Oct
Mar

Jun

10% Aug

9

25

125

Dec 31

Apr

15'

May 14

2
Apr 28
Apr 24

70%

Oct

85

Jan

10974

Dec

115

Aug

24

Oct

Dec

16

08

May

; 84% Mar 10

81

Deo

84%

48%

Nov

50

Feb

44%

28%

Feb

102 "

50 * Jan
44:

<

26

Sep

Deo

106

Jan

Nov
Nov

28

78
60

<

:

Mar

Feb

9
25

Mar 13

17% Nov

11%

30

1074

Deo

25

107% Dec

21
18% Oct 13

100%

Feb

97y4,Apr
10% :May
r

96
13%
%
T
i

63% Jan

28'

7
1

470

,

3974

6374

July

740

Deo

11

740

16%
100

Dec

10

105%

Deo

114

20

12 %

Deo

20

16

4% Sep

May 19

5% Sep

22
22
21
21
19

Apr

5

Sep

%

July 10

8 Va
8%

Apr: 17

16% Dec

24

16% Dec

Apr

Nov

%
11

Sep

Nov
Mar

Jan

Deo

174

Jan

Deo

%
1

11

July

30% Jan

18% Jan

108

Sep

,

May 21

May

Deo

148

92

25

Oct
Mar

Deo

149

Feb

Sep

142

22

Jan

Jan

5

Jan

36% Jan

103

27

Mar 24

.

3374

22

3
7

Jan

Feb

Dec 30

31% Dec

May

139
56%
55y2i

46'A

Aug

Mar 10

72

May 11

May 15

29'/a

104%

112% NOV 16

17

Jun

470
.

*15% Deo
49

Sep

20% July

May 12

77%
47
32 %
25%

.Cluett Peabody

...

*660
17

Climax.

,

Jan

35%

,

19

5

Jan

95%

1% gtd—-50
stock—.
.50

Deo

34 y4

Sep

16

Jan

,

& Pitts RR Co

Special gtd 4%

Deo

23 y»

Jan

July

B'/e July

Deo

Dec

67%

1 Clev

5%

18%

Jan

3'/4
70

Feb

61

Sep

118

Deo

Jun

120

100

Jun'

2%

Jan

107%
22

:•

Jan

Jan

2

May 28

—100

.

88 %

Louis Ry. Co

preerred

12%

40

1

32
2yB
28

...

«2,900

2,400

& St.

C.

Deo

Sep

Deo

Mar 23

20,

92

No par

Equipment

Mar

26 Va

18

Jan

437/s
9

100
5

23%

*109

*

Jan

11%
1

v

37

Deo

17%

July 16

V\
V&
8%

pfd——No par
Clev Graph Bronze Co (The)——I
5% preferred—£-100

...

34 r

33%

*61

30

--v.

50 •/'.

87%

-

63'

15%

16

see

4

*660

*660

*107

109

50

88

64 >

16-%

17

85-".

*48%

33%

88%

■

16%

*82

50

*148%

*660

—

83

38%

,

33%:

*61-

/

64

*660

,

50

39
154%

*48%

•83

*48%

-

Apr

47
.ft

.Clev Ei Ilium $4.'50

600

31%

101%

C.

5%
40

"

*81%

C.

20

;

101%

30 Ve

102

Clark

400

35%"'

Corp.'—

2

Aug 11

12

'

14 V*

Jan

2% Nov

8% Jun
4% Jan 23

y 33

par

Deo

7V'a

1

.

.25
.—5

Copper Co—

City Investing Co_.
City Stores

50

109%-

..109

.,

•

City Ice & Fuel————No par
6% %" preferred—
100

2,100

-v75 1

*65
...

"Chile

"Chrysler

340

3

>

1-——No

Childs Co

1,900

120

120

75
109

20

23,300

,

33

r35%

*65

75

109%-

.!•

preferred.100
preferred——
^^.100
Chicago Yellow Cab.j——No par
Chlckasha Cotton Oil.—
—10

1,400

10%.;.
"96 V"

'

2%

2%

125

*65

75

*65

*108%

10%

;

No par
No' par
No par
L100

preferred——.

pf

"

1%

67% "69%

.12%-

v'-- .'

6%

200

■%4%

*23

•*

7 %

800.

13%

1%

697/«

conv

■

"

'

70%

v

95%
*

2%

2%

*36%

1,700
3,100

12

1% : ? tVe ;
*23
24%

1%

'i

% Apr
2% Jun
l3/a Jun

"

13 Ve

13%

*■"

($2.50) cum dlv
Chic Rock Isl & PacificPr

2,200

/

10%

*10

*ioy8

2%

•

%

'

69%

69%

69%

$3

%

12

24%

1%

preferred^
Mail Order Co-

7

Deo

r

Apr 27
Apr 22.
Apr 24
Apr
8

89

.—50
.50
—5

Co

'

'/*

»

—

'

200

'

23%

*23

%

%

"

.

:

/'

A.

14%
93
-dV*
27Va

No par
L—40

RR Co

Chicago Pneumat Tool

1,300

50

*48

*%

fe

7 (f

11%

*u%

Class

111

'

1574
15%
"*36Va 7 37%

4874

.%

%

,15%

*33

4674

hi:

Vz1

574/ft'. ft/ftft'

5%

J

'

yv.

& East

Chicago Great West RR

1,300

2

1074

Preferred series A__
Chic

'

574

6

%

-*%

"/'.

2" '■/"'. fft

'

38

*36

*36

774
■

10

lQVa

10

10%

Mfg——

Chicago

274

*874

—

Chesapeake & Ohio Ry—

14,400

33'%

274

2

'-•••;
Vftftft;i?>

;

Cab

Checker

900

8%

*774

preferred J

6%

No par
100
:—-5
25
—100

& Fib Co

Chani Pap

v

30

941%

774

•

7,400

»

'•

3374

2%

274

2Va

:

:.

1774
100

6%

Jun

38%

15% Sep 14'
Jun 20

No par

ChaM Belt Co——

18

V";

100

33

33 ft ft ft ft;'ft
94

2%

8 74

2%

*2%
8 74

•

.ft: 17

*94

32%

3274
9374

;

1874
100" •:-

/"■ft 774

8

94

32%

■

*99%

18

*17%

18

*17%
■'fft 18

100

8

8

*9174

ft."/

3274
92

ftft/ft'

100

8.

18

*17%

19

*99%

100

8

18

*18

f

18

*18'%

Jan

Deo

Nov

Jun 29

23Va Jan.

100

-

'

Aug

4% Nov

Mar 10

"

v.

Oct

2%

6%

..

82, July 6
27
Jan
2
1% Apr 28

No par
__1

de Pasco Copper

Cerro

ft ft 2,600

v

L

Preferred

10

.

.

Jan

45 V*
,

4S4

2'

»■

Dec

11%

.33

i

2y4Apr 14

No par
100

Mills—.

Century Ribbon

Apr

37 % Feb

31-

Apr 24'
Apr 24
Apr 23
Apr 29'

11

Central Violeta Sugar Co*

41

10%

Apr 17
Jan 16

1% Jan

y

"

200

,

Jan

Deo

10

May 18

60

New-Jersey—.—>100

Jan

25%

Aug 29
2
7% Nov

25

iyzMay27

Foundry Co
1
4%% preferred—100

Deo

12%

Deo

15% Dec 23

7% Nov

Apr 17;r.
6 Vb Aug 12:
66
Feb 25
10
Apr 27.,,

Central 111 Lt
3

L—'i'h 'i'-'"

33%

33%

100
No par

17%

Dec

30

.

24

16% NOV

>

77

—No par

-

Deo

Sep

6%

2

July_ 2

.110

'

334

32%

:

*321/4

.

<

Central

130

■

'

:

Corp

preferred.——
Assoc—

5%

-

.-100

Central Aguirre

<400

-

104

104,

32%

Ceiotex
-

•Tan

14

Apr 14 '

15
82

—100"

—-

39%

3% July

1

1% Jan

1
2

Feb 10
Apr 20

30

-

prior preferred—;-100

Deo

%

53% Nov

<•

•

13

/

*274

"

;

No par

preferred—'.

7% prior

->

3,800

if 2%

2%

series

5%

•

2,300

:

—'

21

14%

Oct 22

22% Dec
r

May 16

—

-

;Ly^7%- 2d preferred-

12,100

;•"•

/ft; ■'■ .ft;

—

—

98

97
ft

-

Celanese Corp of Amer—•— __No par

420
:

i;

Caterpillar Tractor:

ft'-.1*".. *. 200

XL

XLL."vf;;-XX

.

•

4,500

(■;."■■ .ft

-XX

-

•

•

6,000

-A

Vi

;•

'XL '•'•/•-4'L

.

400

1,100

L

<

f ft

•

-

3,500

"ft 1 % ft

3

3274

110

par

Apr
Dec
Jan

-

—

150

X'..,

:::f XX

'L-'L'L •■••'.•,"•;

17%

.

'*; *ft 13 :

13

ft:

f '

8%

2%

3

"ft

*95

3274

;;

:

75'%

174

r

ft/;":,:

9 Va
27 Va
3%
29%

—i—1 ; •
1%
.— 10
32
100^
(-77
Carpenter Steel Co——
—5
22V*
Carriers & General Corp^
-1
2y4
Case (J I) Co^——100
54%
Preferred
..100
117

-

,

Sep

21%

Apr
Feb

16%

3% Jan ,14
10% Nov 0
95 »Jan ,13
17 Dec 31;

ft

Mar 6
Dec 29^
Jan 10

Capital Admin class A
$3 preferred A
Carolina Clinch 8s Ohio Ry

'

.

No

MMsJl—

Cannon

Apr 17

*

Jan
Jan

Dec

%

7% Oct 26

5% Jun

'

Deo

23% July

38

1
35
Jan .16
17 , 14% Oct 23
8
8% Jan , 9
12 ;112%Jan '27
243% Dec ,14
10 .. 85 Va Dec, 14

11% Jan

-100
l—25

•

-

;

54

23%

35% Nov .13
43
Jan 3
y
% Jan ,13
ft.
1;'A Jan 8
23
,10% Nov , 2

2
50% Apr 14
' ya Jun 2

No- par
,-B

-

400

ft--;.

97

874

.ft 16,100

ft;....

97% • 'J

98'%

30

,

'

:

119;--ftft,/

'ft-,: 75%
17%

/'

(ft.

XX-.

97%

1774

/

Campbell W &< C Fdy—
-Canada Dry Ginger Ale—
Canada Southern Ry COi_,
Canadian Pacific Ry—L

100

XX';

•

•"* L—ftftV'*

ft

28%

2874

ft-ft-,

3,400
">

——1
—5

Hecla Cons Cop

Calumet &

-

111%

Apr

28

.

16 % Jan

par

—50

Zinc-Lead_—

Callahan
-

"

ft

4174- ft

••.-4074

8%

•'•

■{■

'

•-75%

1,600

'

-XL'

•]

374;

3%

! 96 3/4

ft

;K 13

32%

32%

ft

v.

'

104

32

3274

31%

ft-

■*'

1187/8

/ftft 2%

-

3%
*91.

26%

*25%

-

ft)

■!'.

^Lv-

851/4. ft/

97

*98

b

3%
7

•

85%'

V-

6,300

•'■" /

■

•It'

r

V..": ';

174

174
98%

32 3/4

'
'■

-' ,rv^;:

L"

r;'

434-ft.
(
39'%-v'

-

'■

16,500

-

:

1

i'L-'

;*<

6%/ft '■»V;

130

17%.

■ft

:

13

23/4 .■'.ft 3

'

31%

31%

is:

1%

*91 './ 104

/.

32%

ft

'

e

^

No

Packing

preferred-!——L

5 f»-

>Deo

,

* 15% Mar 30

2'%
6'/2
69Vb
10

ft

Jan

18%

_

.

r'j

V

119

8

!

ft. •/M •;•'.•

'\* '

r.

.

*127%

75%

•

98%

274

'
ft' 12%
3%; ft;■>.-, #3«

32'.%

^>4

>'-•

74

1674

99

"

•<

128'A '

97 V2

560

i

■:

.

'.:vX";ft XL

36-

•

4174

1,000
1,700

:'3,ioo

'

*37%

'28 V4

-

:

•

-ft,:'

97

8 1/4

74

y::ft

;>k:2 vi-fy

1%

98%

*91

'•>'

(

.

'

78

97

'

97%

7%

8%

8

81/4

*3

V

/ft

.ft 76 V2

28

ft

''
{/;

ftft

'V

I

-ft

•76

118%

119

96%

97%

•

73V4

163/4

ft1-

'■""ftft

"

'•« .> ***/•''<£'
'

'

3,000

,v.

'

<

ft

*4V4

ft;

3 V»

40%
•ft

9674

96

119 7

90'%

97%

97%

.

28

16%

-ft

2674
:

3%

128%

130

*128%

27%

97

e%

36

-

85

ft: ft/ 76

76

41%.

'7/

v*

•14%

-ft

-

4 '/a

85

3V4

3%

3'%

7. '76%

130

/i 119

—

'

6 V2

ft

70

■

Sep

35

16

21
10

25

Oct
Mar

24%

.*

j

2

Dec

",17

2'% Jan
2
3'% Feb 6
40
Sep 25'
44
Nov 5
ft 18
Jan
2 >i 24% Oct 26
'< 4% Sep 4 ;y 6V4 Feb . 6
,19% Feb 14
21% July 21

,

;•

?"•

*

J—.

'XXL
r>x ;•

ft/'74 ;.•--

-V/ft -./ft- 27 Va 3

28

*25%

ft

California

' 7

..

"•
t

*■'

;

117

•

; 16 **

*37% ft 39%

39%

130

128

Va

-

1574

ft-. 14 1/4

'

•7ft .'843/4

ft

27 ://

76

3 Vs

76%

■•ft-.".•J,,;',-'

22% ft¬

»

-674
-

*3574 ft 36'/a
ft 4'A

,

'

"'ft'"'

■

-

-

14%

"76%

•6%

*373/4

851

26%

/"'/

36%

39%

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27

*3574

4% i

*4%

*373/4

85

*26i%

28

'•'ft

63/4

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-

ft

6%

•'

.

.

22

1574-..-/--

'%>■ *27Va

,..*27%
•<:1674

28

36%

'39% V

1

i

14%

■

,

2,800

No par
1
6% preferred
.-100
Bush Term Bldg 7.7* preferred—100
Butler Bros—————
—10
5% conv preferred—i
30
Butte .Copper & Zinc—
——_3
Byers Co (AM)
<
——-No par
Participating preferred-i
106
Byron Jackson Co—
No* par

2,000

:

•

,

No par

ser_i-;

pfd $2.50 series...————

17
90

Deo

>

Sep

Apr
25%; Oct

28% Nov, 7
20% Dec 30
. t'
57
Dec 21
55% Dec .31
cf 6V»Jan ft2:f
9% Oct 13

Burroughs Add Mach—
Bush
Terminal.-

Jan

12%

21% Nov *21

8
2
161/4 May 27
19 Vi May l
14% May 1
• 53
Apr 17
51
Nov 24

1—1

Corp__.,

10%

89

.5% Sep

.j~—No par

Jan

Dec

Aug

38

11% Sep

1

10%

70

2% Oct 19 j
9
20'ASep 30 :
;
9% Nov 9

•-

Jan

Deo

10

.

2

.

Apr
;~\
ft Apr
.
-l
Apr
7
Apr
28y4July
,
;< 97a Apr
6
Dec
* 103% May
>2% Apr
ftft47% Jun

par
—

$?.7'5*

Conv pref
Conv

100

'

"6%

.

ft''

6%

ft

*27-

r

'ft/%

v *

*353/4

43%

*4 %

J

'.' Z

v

1,,V

,

nr

15; 7ft

Burlington Mills

7 12,700
2,400

'

.-,.';
<<70 ."<■ '. 7l'.%.";;ft,:-/
16% •ft 17 : 1 3 ' :

22'A 7

674

.

.,

444

ft
"57:'-".ft,■'.*53-ft- 57

15-'%

7/

36%

.1%

• i

,26
30

No par

2,100

■

—

ft; — ft.

211%

9

:

16 3/4,;

2174
*53

6%

6% ,V: '

6%
*35%:

■

" ft

;'

;-

•

201/4 ' • ftft
20 •/■»■
ft2% 7>274.^:ftft

•

9...

:

ft." 15%

143/4

7

30

*27

;

,-:V

7./7.

ml

No

-

Co

.

Bulova Watch-.—v

-

ftft.
'

•

5% 'ft-5 %ft..ft" 7

71%;

16 Va

iv-

i_100

Bullard Co

100

,{

2%"

...21%

.

v'ft, ft

20

1.100
No par

:_w

—

Forge

2,900
1,600

/

j

■';■)/,:

-'ft /.''- V

/ftft' .7

9%/

•41%

5%

f

674

1ft

i

Wheel

Buffalo

700

•

/ ;<•

Budd

3,300

i

ftft

'.4

.

'v:

55%

.

2%

22]/a

71574

"!■

—'

.:

;

ftft.

'

6 74 .ft" ,7 6V4
6 'A
*15%' •153/4/• 7': 15%

310

59

,

.

9%

■

2%

•"

8%

'ft-;

7;ft'
V■ft•.

'

-ft

y.

•

•2% ft- 2%

16%

.

.

110
11,500

ft"

-

7.'
,'JLi

"...

'<••:,

ft 20%

20

70

•

•

•

.-■-/ft-' ''

7..
15

2074

71

69%

*53

71-%

22% ft",/

22%
*53

9

:

70%

•

"15%

15%

93/8

674

*1574

•

.45

5%

2% ftft

2%

;

<

5

Bucyrus-Erie Co.:
7% preferred-^
Budd. (E G) Mfg.
7%. preferred-i

12,600

ft—

No, par

Bruns~J3alke-Collender_i

3,000

/

.

■

y..'1

19%

*21
'ft..

20i/»

20

23/4:

••ft/ 9

71-

71

21

20%-

2%

—

:

Bklyn-Manh Trarrsit——No par
Brooklyn Union Gas
No par
BrGwn Shoe Co
No par

.

600

;

.

•

*41%

■

5% ft. 53/8

20%

2%-

4^

1,100

6,300

•

;

■

/ft "

.2474

•

No par
—5

/

!

v..*

Brooklyn & Queens Tr.\_—No par

200

ft- •"!'

''ft-

ft

.

19'/4

■

.•

Briggs & Stratton
Bristol-Myers
Co

900

L—

•

15'AJan

,

,

23%

13

ftft, 31 'A Nov

.

57

i

2%

2%

20/4

•

ft " ;874

ft":

45

5-%

77

2474

*54%

9

,

2%

22%

5%

20 Va

2%
*

83/4

ft'-

>

45

ft

5%

' 'ft:'

*41%

*41%

;;

.

.

Deo

5

17% Jan . 1
22% Dec 30 •

,

Mar 10
xl5
May 22
7% Jun 29

^

31 Vs

15%

* 28% Dec 30

25

'

1,300

•

r'

.

•

55%

*5434

23/4

*21%

45

*41%

55%

87/e

'

...1

'•'

">

274

20 3/4

20

'

*54 Va

-

ft.

9

1

24% ..;

<

6,900

.-.'Xr/.("/:,

;

mm!«,

674: ft

77 /,

/.ft,-,.,

19%

..." ft 2434

:,

19%

,

.

19%

19%
24

19 3/0
ft
'59 ftftv;;ft< " *57

ft.' 19%

20

19%

23%

.

13%

13%

v

—

■

104

274

7 ft-"./
13'3/4

6%

7

6%

14

6%

7

;•

13

6% .ft.

ft 'ft •'■ -ft"

1

*63/4

1274
*103%

77

'

'•

29 !4(i

ft:'ft."

3

<

,

XL

'

'■•j •4.4.'.?r"!

29

104

2%

i"

ft; .,.l "- ft; ..!>■
9%
874
/

6%

»•

104

ft ft

/

<

13y8May20
183e Mar 31:

'
1934 Jari 2
'ft,. ;iy4 Jun 25

r-

131/a

2%

2%

2%

773/4

'

75% :r

75%

•'

1 %

63/s

104

104

.

7

.28%

13

,

K

■

v"'

9

8%

674

6%

6%
103%

„

.'ft-

3

3

6%
1033/4

6%
106

*103%

38

■■■ •

('■'

4,200

;

•

34%":/,'

■

..

'LL.

2-. f Vl im.

.'

200

.ft

'

•

.•

38

.1

28%

131/8

13

13%

13/8

13%

13

.

"'

.

200

J-L' ;

21% 5 ft ft./:

34%

•ft ' *1

28 74

•28%

28%

-20%:

"

"

38

*3/s

,

700

/)
/

874

3374:7ft;

'

1

fA

.'

•

19'Va ..'ft

8%

/.

,,

211/4

ft

37

9

;

Deo

„

2

May

share

per

21

72- May 29
95'% Feb 16
30% Apr 28 v 4074 Jan . 5

*

t—15

Corp
5
Boston. & Maine R:R_—i.;
.,..100
Bower. Roller Bearing Co—*-5
Brewing Corp.;of America
,—15
Bridgeport Brass Co—
-~No par
Briggs Manufacturing-.—.JVo par

■

33%

>

:

25'

v

Borg-Warner

?. ft

July 15

13yaMay20

—ftl

—

(Then—4

Borden Co

8,400

'

■>>•!

Stores Inc

5,500

V.LL *•

"

Bond

2,200

!
;

-174''<

*18%

8%

2074

v

.

.

30%..

.ft *29

19%

8%
v

r

'

;

Sep 21
Jun i 3
Apr 30

58

•

Apr 29

Highest
J

share

per

29
Dec 15
19% Jan 28"
7% Jan 14
14 Va Jan-. 3 ■
12
Jan 2
75 ■< Dec ft 1
■' 21'% Jan ; 8
43 ' Dec 18

2

14%
5
11%
8

,

ft

par

No par

Class B

280

•

-

-/
.

'

'ft, 1%

.

31

*18

ftft ft

<

•'

1%

t

'XL

-1

,j__N6

Bon Ami Co class A

ft''//':'; 20

■■

.ft1' '""•JU *1!

17%

17%

;ft ■ft. '1%
*2774
'ft;.

■■■'-'■ 1V ft'':.

8%

9%

<

28%

29

*28 3/4

%:;.

'""ft 1'

1%:

9%

*% :
1 ft

.

L'—"

%

-

'.ft";

28V4

"

*%

92 "ft

•

>38

38

...

.22 %

37

37%

3,000

-.2274

3314

36%

'

33%

14,100

••

i

*

-.17%

33/4

20%

15Va

163/4
28

21%

30

'

30

22%

v

8%

No par
Bliss.& Laughlin Inc
^__5 J Bloomingdale Brothers
No par
Blumenthal & Co preferred
-100
Boeing Airplane Co.x..:
-—5
Bohn Aluminum & Brass_i—._5

ft

Co_.^:

Blaw-Knox

500

41%

*90

;•

ft,

-

.

1%

■

18

ft:, ft

-92

8,400

•'

14%

18% Apr

No pur ;

Black & Decker Mfg Copar

Year 1941

Lowest

S per share

$ per share

Par

,

Rlgelow-Sanf Carp Inc

75

41%

y4

15
41

92
.

28%

29

.:

874

{

•'

.

1,200

v

13%-

■

*70

,373/8 >•,38%

22/4

1%

.v..

17%

21%

*36%

1674

ft:

29

•"

8%

•

.

.

3,200

-

v

.9%. .'9%

..

15

92 ft ft'-

6 Ve

.*13

,

75

41

.

38%

27%

V-' ft/ 17%
'

21%

'

1 % l.

•1%

'<

163/4

1674
22%

1%

*28%

Sharei

Li utSX*-

28%" "'
16 /ft/'

v

6

10

"9 Ve

21%

3874

13

13

38

163/a
:

41%

*90-

22'A

•

<

285/s

*1%

t

38%

16%
22%

28%
:

•

*38%

16%
22%

EXCHANGE

the Week

$ per share

share

15%

6%

*70

is %•

14%

41%

.,*28

16%

6

.

74

72

-27%.

15%

10%

"9'/a

,

„

"41

*38%

t per

share

r 27

28 Vb

28

28!

15%

Jan. 1

'

16 y8

.

I per

snar$r\.

27

*9%

Dec. 31

Range tor Preview*

Range Since January 1
On Basis of 100-Share Lots
Lowest
Highest

■<-

STOCK

NEW YORK

*•

Sales tor

*

*

27%

"70

Friday

Dec. 30

27%

•13

Thursday

Wednesday

Dec. 20

.

STOCKS

SALE PRICES

LOW AND HIGH

Saturday

CHRONICLE

THE COMMERCIAL & FINANCIAL

Number 4139

Volume

3%

Aug

Dee

2%

Sep

Deo

21% Jan

Deo

21

Jan

THE COMMERCIAL

& FINANCIAL CHRONICLE

NEW YORK STOCK
Monday

Dec. 26

Dec. 28

f per share

Friday

Dec. 31

$ per share

f per snare

•

Thursday

Dec. 80

Dec. 29

6 per share

STOCKS

Wednesday

Tuesday

RECORD

PRICES

LOW AND HIGH SALE

Saturday

t per share

'

Sales tor

Jan. 1

NEW YORK

the Week

t per share

'••%;,

',

On

Basis

of

Par

1%

1%

1%

1%

1%

1%

13%

1%

1%

Columbia Gas & Elec

57,200

■

39%

'

39%

*36

83

*10%

83

.

39-%
84

*10%

10%
32 %

28 3%

28%

32%

>

39

36

84

32%

10%

*32%

38 V4
36

.36%
,

v;

:

v

84%

10

93/4
*30

,

40%
36%

*83

843/4
10

9%

32

40

,36%

36

39%

36

39 %
3 6 3%

84%'

38%

37 Va

*81

9%

30%

283%

—r'•• •

//

.■

v"

28%
105

32%

*101

33

-

a*2

20%

,21

'i

1,300

j-w

33

.*•'

■?'■?"&

*10%

'V '„

V

4%

14%

91%
I*

*33 %

4%

7%

4%

7%

4%

7%

*4%

7%

*33

16%

16%

16%

4%

27

25%

26%

26

6%

b%

18%

27

9 %

6%

6%

413%

'/,/ 413/4

4 V4

4%

26%

18%

•

27%'

18%

9%

36%

37%

37

37%

55%

56%

55%

557%

177 %

%

13 %

131b

>

13 %

95

>

94%

9%
19

39

79

%

16%

9%

9%

.7%

*10

18%

18%
37%

10 Va

*16%

10%

33

71%

9 Va

9%

■

6%

•;,A.

io34

:

21%

22

*92

30%

15%

X":,'-

223%,.;

*92

;

•.

*76

16

3%

'

Conv

Insurance

973/4

•

;io3

of

pref 5%

y

16

% Nov

14

Jan

May

Jan

Oct

9

Nov

39

Nov

5

5% Sep

28

v

234 May
17

No par

25

Refining

1

2

%

Feb

i"

7% July

Dec

93

Dec

11

<30

Dec

79

px

Dec

109% Nov

i 40%

•;

>

Feb

2 3/8

.

Sep

4 Vs

Jan

Dec/.

17%

Feb

'27% Nov

9

15%

Apr

>

9%

Deo

28%

28

58

Dec

28

179

Oct

2/

3% Nov

Dec

42%

37% Dec

Deo

Apr

10-

•

,

170

23%

L

Jan

18%

48

.

Jan

56%

Sep

52%

.

Jan

X x54

2

:: ^

'

;

"iV*."*:,-;

33%.
72

Mar

182%

Jan

Dec

4%

Jan

A

Dec

%

Jan

19%

Jan

V 14% Dec

:

11

Dec

k 98% Nov 10;

88

Dec

107

10%

Dec

19

Jun

15

12'/a Jan

■'

T-'—=•'

.

v

^1.''v

160

$5

5'/> ;

V ;-V"

90

'4

"% Nov 21

2 V

31

16% Dec

53A May

Preferred

16%

1Q

1 '

16%

•

,

; *90

10% V
I6V4
100

,,115,/x

10%

■

10%

V

:;i

••.•■•

1%,

1%

30 Va

30%

17

16%

6%

,,

17.

63/4

A;;'

22

21%

100:

*76

t>:»

83

153/4

14% May

;

Apr 27

No par
.No par

; /

77
May 19
233/4 May 20
63

100

8% Jun 26

15%

16

15%

100

41

24

393/a Nov
84

9

Jan

140

Jun

27%

Jan

/ 45%

Jan

Dec

153/,

Jan

Dec

28

Deo

73%

X

3

95% Dec

Dec

3%
L

94

K;

i

72

47% Jan

>

L

8%

Feb

Sep

127%
77

Deo

Sep

v

-i

Press

Inc

4-4-—5

preferred
Curtis Pub Co (The)

13

No par

.

Prior preferred-

Class

18

hi Jan

193/8 Sep

2

2

Dec
Oct

8

Deo

12",

12%
88

Dec

14 sV

'

$8 preferied

15%

2,200

^No par

Cutler-Hammer Inc-.

.No

16%

'!25

Jan
Jan

99/

•

Deo

"

%

Dec

32% Nov

12

133/4

Dec

45

20 3/a Oct

15

16

Dec

343/4 Feb

Jun

30

9% Jan

6

6%

18

Jun

24

25% Jan

12

80

Jan

19

95

Oct

23

44

'

■

Dec

Jan
Jan

xio%

Sep

24

Dec

29%

Jan

Dec

80

Aug

Jan

17

81

Nov

9

42%

Feb

12 3/a Jun

22

18

Oct

21

14%

Dec

27/B Apr

4

4

Dec

15% Jan

v

par

1%

80

:

•'

,y

'■

,

Dec

31

13% May 19

l./i
100

pfd

14 4

13% Jan
100

5% May 20

A

Cushman's Sons Inc 7ft

'miZ'-i

14:

Mar

12

No
par
.No par

Curtiss-Wright

3,700

29

Feb

90

/

Preferred—

40,500

■

8% May

■

7

473/4 Mar

>■

20

July

'i'

V;;

Jan

L13% Nov'

•

Feb

Feb

41%

Oct

'

98%

1% May

14

2 V

July

Dec

27

13

Jan

9

Deq.

14./,

133/4 Jan

Jan

80

4;

29

Jan
A'*.'-

15

Nov .7

Jun

'

•

10

15

-

,

38%

8

25

88% Jan
!v

4%

28

Jan

12% Sep

Jun

88.

74% Jan

4J/2ft

4,400

83

•

25"

Jun

5 H

preferred—.

1,640
■

,

Cuneo

9,100

Vv's ;>

r'

634
21%

20% Nov

Mar 27

10

___

conv

9

32

Cudahy Packing Co

130

; 100

*76

./

,

j?-.

,

6%
*92

^ *7

2,300
1,500

«

'r\.'

-•-

•'r-

21%

100

V., * 76

83

15%

63/4.,;:: !
21%

*92

'V';;

,-H'V

•'

30V4

16%

" :

;Vv>- v;:'."'
%'!«

29%

,

:,f

'

00

16%

*92

v;

A,

17%-,;.

161/3
M00

.

1%

;v»

5% ft

9% Dec

par

preferred

conv

1

5

Cuba RR 6% preferred
Cuban-American Sugar

30

-<V'

'

No

Corp

preferred—

conv

5%

7,000

no

preferred

conv

Crucible Steel of Amer

1,800
J'

,

$2.25

6,200

8

*105

.No par
No par

—-

Crown Cork & Seal

Crown Zellerbach

6,200

.V-/:V ww".

./ 9%

7%

•]--r

:

•■j

71%

,7%./

C

Crosley Corp (The)

400

32'/a

..9%

1,600
3,600

,

/ Deo

2%

;

85

—.100

(The)

Sep

45%

v

8
S3 Apr
103/8 Apr 17

25

preferred

conv

Jan

L> 10

Feb

.

5

v. 51% Jan 30

17

Apr

6%

35%

<

.

5%

Cream of Wheat Corp

Jan

16% July
5% Aug

Jan

21%

July

106%
'

Deo

2%

Jan

Nov

27% Dec 30

•

Co

O3/*

July

3%

12% Jan

V 2 % May 22

v;

Feb

/11

21% NOV

13

Mar

159

Inc

Internat Corp

/

5.C-

4% Nov

23%1 Apr 24
42 V1 Apr 17

Preferred

6% May

14

15

8

23

Apr

45

•

:

42% Dec 29

50% Apr 29
8% Apr 29

5

Dec ;
Dec
Dec

%

18

8% Jan

1% July

1%

103% Jan 28

22

30 ^> Apr

1

7

17/

28% Dec

Dec

5

7

Dec

8% July

<

'

5

5

Jan

:

24

28

107%

%

6

15

16 3/4 Oct

Apr

Jan

Deo

13

96% Jan

21% Apr 29

■„'/ 23%

9'

113/4 July 6
2% Apr 29

,

Dec

26

2

$2.50

...

V

4

Deo

X82

8

3

21

4%

17

9

3

82

V,

series

Coty
Crane

2

.v-7'Z

No par

Del

Coty

140

.

Jan
Jan

Jan

11%

■z;

4

Jan

8% Jan

Motors

Products

Corn

16% Nov

77

Oil

,

9

% Jun

Corn Exch Bank Trust Co

1,700

84

;; 9%

U5.

*90

•,

3%

3%

17%

*107 V4

107% 107%

'

>

10%
:

10% V.

10

27 %

26%

28

28 Va

V 11%

83/4

3%

3%

*%

*32

;

18%

;.*36

p

40

8%

"85%

£

3%

%

•%

3%

f<s

17%
*33
18

N'

25%

26

36%

37

;

8%

87a

9

""

213/4

21%

8%

8%

...

8% ;

22

21

86

*83

86

,

9
'

21%
f

:

9%

38%

37%

38

25 %

25%

24%
16

9%

....

16%

16%
57%

"*25%

.,134
i

5%

*8

16%

5

9

9

119%

<134%

136%

.135%

136%

*125%

125%

126

*117%

118%

.118

16

9

v

*115%

5
9

133
126

*118

5

9

*115%

135%

118

16%

"

•

.

? *"

9

125

133

125%

*117%

'

5

*8%

126

119%

"

118

7-

114

Jan

11% Oct
47/a Jan
lVa Sep
18% Jan

Feb

23%

Sep

27

5

23

18%

6

13 Va Nov

2

3% May 21

22

Jan

32

Jan

14% Apr

2

,

Apr

30 V«

Aug

9%

Dec

18'%

Jan

19

6

Dec

27

2 Va

Feb

A

Sep

7

,

16%

Deo

12%

14

Dec

July

83% Aug
% Aug

•

23% Apr

<

Oct

16

37

Oct

16

Jan

5

21

Jan

27

18
Apr 28
33% Apr 24

27% Jan

19

21

Dec

20% .Sep
29% Jan

39% Aug 24

33

Dec

41

Jan

6% Aug 24
16% Mar 7

9% Feb

9

10%

Jan

22% Dec

16

No par

Diamond T Motor Car Co———2
Distil

Match

partlc

par

No

par

100

Co

No

par

:

No

par

7,600
1,800

Dow Chemical Co

No par
No par

3,600

Dresser Mfg Co—

No par

1,100

Dunhill

...

Douglas Aircraft

200

134%. 1353/4

6,400

126 '
•

1

:

No

5

.73/4 July 17
32% May 7
16% Apr 23
8

Apr

14

93/4 Dec

31

/:■;>

39:., Dec 31
26

18%

65

5

86

Jan

18 Va

Nov

Dec

7 ! V May
323/4 Dec

Dec

23

17

163/4 Dec

28

x9%

<

Dec

703/4 Oct 21

59%

134% Dec 31

ylll%
12%

Dec

2% Apr

28

7

Oct

23

2%

6

6

July 27

105

Aug

1023/4 May 20

144

Jan

120
Apr 24
111% Mar 14

127

23%

Dec

120

79

100

112

Feb

26

20

-

Jan

141% Jan

Dec

10% Nov

8

Jan

•17% July

Sep

16% Dec 18

9

Oct

23%

Dec

May 21

Jan

37%

May

Apr 29

13% Mar
Jan

1st pfd—100

Nov

51

8

—

87

6% Apr
12% May

95 '

;

No par

preferred

$4.50 preferred
Duquesne Light 5%

170

Jan

par

Du P de Nem (E I) & Co

700

118%

International

Duplan Corp

8%

f

>i70

Doehler Die Casting Co——No par
Dome Mines Ltd
No par

12,400

'

.

.-23

Corp-Seagr's Ltd

Class A

1,300

No

preferred

pref with warrants

Dixie-Vortex

190

9

118'

Oct

14

6 %

125

"*125

Sep

11%

37

Raynolds A_.

Diamond

1,300

16

'

*115%

*

'

136

126%

5

'

9%
bq' .6 i

134%

157/s

Sep

18

Apr
109% July

Devoe &

5%

563/4

133

:

30% Nov

25

7

100

1,500

-15%

•;:—-56""

57 >

134%

8

6%

Dec

6%

15

9% Apr

20

-

28

—50

Detroit Edison

Jan

10% Dec
27% Dec

10

pfd

110

16

100

1,100

9%

253/4'

'

7"' '15%

*

16

*43%

120

126
.

56%

16

133

X

16%

>

'*4$

*8

120
•

.

5

*115%

*115%

Xl5%

5$%
1321
133%

134%

16%

16%
56%

••

-

1,500
1,100

213/4

■

-

Hudson

tDenv & R Q West 6%

85%

•

"

56%

21%

■•'■■=-■■

&

Mar 16

47% Apr

3% Dee

:

14%

16

18% Apr 29
25% May 12

par
20

;

7

173/4 Oct 26

12% NOV

Detroit Hillsdale & S W RR Co—100

37

-

Preferred

Delaware Lack Sc Western

820

26

*83

233%

•

18,600

19*.

36%

9%

16%

600

37%

25%

16%
134

12,800

*33

25%

9%

,

3%
17%

*18

36%

57

5

3%

36%

,

100

Deisel-Wemmer-Gilberfc

24%

16

.

r

36 Va

57

134

700
600

Delaware

Aug 12

:

1

6,500

X

8

102

1

No

;

8%

17%

>

•

25

Inc

Co

11%

V':": %

183/4

;

Records

&

29

I-.X
-

—8

—

(The)

Dayton Pow & Lt 4%# pfd
Decca

Deere

8 5/8

'

37%

17%

Co.

11%
,

17%":;

37%

17%

preferred

Chemical

28%

'

•24%

.'>•37%

26

16%

3Va

*83

39

*25%

8%

*21%

•

.

A 9%

*'38%

11%

36%
1

22

V;..*'9%

28%

8%

24%

36%
il

.22

*28 %

*32

18% /

■

20

10%

27%

5%

Davison

1,500
11,800

10%
26%

*11%

17%

2,300

"

10%

"

18

24%

*107%

110

27%

8%

Davegft Stores Corp——.
Conv

11%

26%

11%

16

500

17%

11%

.10%

28%

17%

??

-

110

8%
3%

%

18

;*83v.

3%

,35/e'

3%
*16

'

11%

10%

17%

*24

8%

*107%

'

v

%

40

'V

3%
17%

28 V4

Zv

9 / :/;

17%

18

*32 '

12

3%

%

1

11%

27

9%

18

*16

10%

26%

12%

9%

3%

17% V V
11%

11%

108

'

26%
29

*12

' X-:

3%

"*16
''

10%

10%

.;.

*81%

x

105v

99% V A ,,*98%
$<■
1%
1%

1%

r21%

•

12

11%

108 ■;:»

26 %

.

18%

30

15%

ill

17%

•11%

*107%

;

14

15%

May

7% Jan

/

<

Dec

00

64

S

20

Continental Steel Corp
Copperweld Steel Co_

15,700

11%

.

.6%
"

83 {<

15%

4

1134

,

Dec

77

a

"

*16

W

9%
;w4

■

24

Jan

v

:A *3%

•'. 29

4

Feb

Jan

18% Aug
"23% Deo

;
'

97% Feb

Sep 11
Apr

22

Continental

3^

U

16%

100

A.vv

89

Apr 20

33/4 July 30
7
4 3/a Jan

Inc

3,200

29%

V.,

6%

6%

X

83

15%

17 \p"

V"22 Va

100

*76;

12 3/a Dec-

;

a

4

i

Dec

7% Nov

,

3,700

14%"\v

38

:

71%,;-

7%

"

.

33

105

1P%-

,99%

,

1%

"16%

•«

80

;

115 V;

10%

••

16i%
99

30 >-

17%

6%

9% Aug 15

,;.

Continental

150

2%

18%

.

V.

10%>
80 '

*9Va

105

,

18%
39

71

:

;

7 Va

71/4

•

,

32%

t-!;

93/4

105

4.

;^367/8
10 va

70%

*9%

v.,:.

'

32%

*90/

16.,

-v

30%

17l%

y<

:

Dec >

18%

Jan

30%

<

13%

78

.

99
1%

Vv,

•>

115

10 Va

;

Dec

214 Nov

29

Apr
1% Jan

Continental Diamond Fibre-

176

11 /'

91/2

is v2

•

80

70

'./>

r

1041/2;":

<<•*90

1%

78%
31%

;

7%-

104 Va

16%

30%

7%

'

'

■Xi

'

78 Va

70%

99

i

1%

9

-

9%; A

37

103/a

",,*98%

20

7;

11

65% July

•

21% Mar 25

May 20

83

6

3% Jan
18% Dec

Jan
Jan

11% July

^

....

9%

1

:

10%

313/a

115

(.*90,;

:

37 Va

:

7%'

.

*10114 .105

9%

78%

10

233/4 Jan

45/a May 13

pfd

Continental

94%..-

16

37 Va

72

*9%

;

94%

16%

/

22

74% Aug 19

preferred

Continental Can

4,800

94Vi

12% Apr

-

1

16%

.10%

■

:v
-

<33

*713/4

Dee

preferred

conv

8 %

1,050

94%

18%

•79

33

•

,

8%

1,300

555/a

16%

18%

10%

10%

:

914

19%

f* 37
v

Cuba

3,000

'

37%

94

'•

Deo

'

;

Oct

37%
110

Dec

4

par
100

Continental Bak Co

200

94

v

8

Oct

1

104%
1

Deo

Va

Jun

7T/a

'

'r Vt-.f:/ '

A;

9V'4

>

of

1,500

•> 14%

10% Oct.

100

7%

,

No par

8,600

14%

17

11

4-—_ 5

Corp

5,800

13%

Dec

Dec

.No

Corp

Oil

5,200

.J

14

,13%

7

Dec

19%

34

109% Dec

11% Apr 25

1

-

2,500

6,800

2%

96

105% Nov. 19

39%

t

tConsumers Pow $4.50 pfd— _No par
Container Corp of America- ——25

9%

*174%

27/a

Mar

8

<

Consolidation Coal Co

14,700

%

176

Laundries

Consol RR

3,400

Vk

*u

176

Aug

31

4% May

' 6

par

-No par

partic preferred

Consol

Consolidated

100

2%

16%

./>

$2

500

5%

%

.

28%

Dec

5
No

—-

150

16 ;

94%

16%

16%

of N

$5 preierred
Consol Film industries

400

2%

Apr

16 %

i£ Jan

,

'

13%

95

Y

2,400

177%

*\l

21%

2

Oct

44% Jan

;

Corp—_

46%

37

27

173/a Apr 29
/1% Jun
3

;

100

Consol Edison

>

:

20

x55%

19

35

26

.<■'

Jan

Apr
July

83

11 Va Oct

ii
i

82 Va
72
-

29% Dec-

32

---100

Consol Coppermines

3,900

VV

Dec

2

'7% May 12

-No par

preferred-

11,700
5>UU

2%

%

prior

43,700

*176%

3 :>

2%

8Vs%

,

Dec
Nov

Jan

8

:_1 Z.> 15

i

—

!

;

share

47/a

'

'

27% '

*44

37%

•

210

;>:.4%

9%

47

58

*176%

.-r-

0%

*19

9%

*44

57%

:

.1,000

42

27%

>

19

9%

46%

36%

\r

Corp.
Consolidated Cigar
7 % preferred

par

43%
42 Va

64'

7

>21% July 31

No par

.

2

Dec

Jan

100% Mar 17

25

.No

Consol Aircraft

25,600

r 27

•

X41%

57%

2%

Co__

Congoleum-Nairn Inc

13,600

<

97%

27

•

37%

176%

C " '-,'V

16% 5 i>,' i

*96

27

57

2%

—

89

4%

"

•

37

176%

Edison

6

Jan

843/4 Dec 30

91% Apr 29
20% Jan
2

•

'

Conde Nast Pub Inc—-1—

4,000
•

36 %;

-6%

27%

*44

5

4%

9%

45

400

A--'.

.,73/4 ■;

16%

97%

4%

18%

9%

45

47/a

42%

26%

19%

19%

91a
46

16%

*96

4

'

100

-

■

43/4

89

96%

26%

vViiii.'

•

Commonwealth

5% Jan

No par

No par
—No par

Commonwealth & Southern—No par
$6 preferred series—"—
No par

.23,600

V

"V"

1

7%

*33

89

4%

26%

•

■

2%

7%

;7%
36

89

96%

6%

»'•

'■■■

7

*4%

:

*33

88%

97 %

6%

'.**<•.;

rs

6%

•4%

*7%

36

88%

42%

*15%

preferred-

conv

54

45% Jan:

1

1

S per

16% Jan

24
<

$4.25 conv pf ser '35—

Commercial Solvents

136,400

-{h

(

—10

'

4%

26%

'

10
32

7 3/4

4%

9%

hi

"iV

4%

™

fc

4%'

*2%

16%

V:'

ai¬

2%

7%

10,900

m

15%

•9U

A

42%

18 Va

90%

7 x;

4%

*45

x90%

2%

42%

26%

4%

6%

36

•

903/4

15%

2%

42%

•

4%
15%

.

6%

.4% :v 4%

*42.

4%

90%

hi

89

-r

'88%

90%

14%

90%

4%

:J.rn

J'

10

*85

"

90

7%

6%

...

10

887/a

90

*96%

27

6%

*85

"

6%

16%

97%

.! 26%

10%

•

9,800

T7

2%

88%

5

*96 %

4%%

'

15

•

*33%
,7

161a

*4%

,«93/4.

:' ;.*'•'

"-'j'

3

16

2%

7%

36

16 Va

-

Credit—!

Comm'l Invest Trust—
:■

'

'

18%//';'

18
"

"

7

-4%

89

89

*2%

-

7%

7%

■

9%

3

2%

7%

41a

*7%

v

viv* v.-;/;

21%

6%

is

•

7

*4 %

"

903/4

4%

'

>

,

88%

iV

■

2%

.67/b

.VVj.;/1'.'

■

37%.;.;;;

21

163/4

14%

hi

02

•2%

—m-

9,600

:

,

18 3%

16%

89%

91%

*7%

*2%

173/4

*85

V

15

91

7

V'C'

9%

36%

21%

•2%

4%

15

20%

163A

93/4

903%

9%

37%

18%

V;

88%

4%

41/2

•14%

'

;

109

V4

/

363/4

21

2%

'

10

9%

*863%

t

••

-

18

163/4

*90

!

f

:

;'

9%

16%

18 Va

,>/

.

89%

*91

i

Commercial

6,200

32%

*107

16

Mar

■

;

Highest

8 per share

2% Nov 14

14

51

,

Pictures-.No par
$2.75 conv preferred———No par

300

,

' ■'!

..

105

32

109

9 Va
■"

37%.

20%

2 %•:"■•■:

*2%

; V':'

A

■

21

18

88%

...

28%

*102

323/4

*107

9%

37%

163%

10%

*86

;

39

20%

3

iV'"

28 VB

-

,

105

32%

109

9%
■

18

89%

9%

36%

16%

"2%

*102

33

31%
*106

»

r.

18

,

!

/

105

*100

32%
109

'

9%

36

16%

,

28%

No

'

*105

<

9%>.

%
34%

107

32%

109

9%

I

273/4

:

*100

it

•

30 % Sep
29
Sep

par

__iOO

Co„_

V ear 1941

Lowest

$ per share

4

Columbia

Carbon

'

*105

f„

'

preferred

Columbian

"

28

preterred series A

1,100

Sep

100

6%
5 ft

.

390

■

v

....

10 y4

*31

30%

28 V*

2,200
•'

•■

85

1

Range for Previous

Lots

Highest

I per share

No par

'

'

1

100- Share

Lowest

.'.•■■>

Shares

Ja
anuary

Range Since

STOCK

EXCHANGE

.

■

1%

Monday, January 4, 1943

*

6%

Jun
Jan

10% July
.117

Jan

2

136%

Dec

Nov
7
118% Dec 31

120 %

Feb

,127

Deo

111% July

116

May

34

Jan

1643%

Jan

'

32%
,

33%

3%

147%
*175

33%

3%

178%

*35%

34

*

3%

3%

140%

148

147 Va

*177

178%

36

35%

353A

13%

13%

13 y8

13%

..

32%
3%
147

*177

35%
*13

30%

29%

10Va

10 Va

9%

10%

9%

1%

1%

13/4

1%

1%

32 V2

33

1%

32%

33%

148

178%

35%

35%

13 %

30%

1%

3%

178%

30 V2

1%

32%

'

33/8
148

30%

1%

33

rl3
•

303/8

29%

33%149%

*23

2%

900

30

30

10%

10%

IO3/8

1%

1%

1%

1 Va

l'/a

lVa

1%

23,900

33

33%

4,600

30%

30%

1,900

333/a

33%

303/4

30 3/8

30 3/a

34%

23

23%

23

23

46%

46 Va

463%

463%

*

6ft

cum

7

55

*54%

58
65

For

footnotes

62%

see

2

30% D^C 21

17%

Dec

13 3/u Jan

10

Dec

3% Jan

shares.

Electric Power & Light
$7 preferred

2,200
1,500

El Paso

600

Natural

Gas

Endicott Johnson
5ft

—




Jan

33%

Jan

173/a

Jan

%

Aug

'

2

1% Nov

4%

Jan

35% Jan

23

27%

Feb

39%

Nov

323/4 Jan

23

23%

Feb

36%

Nov

29

26%

.No

%

2

Dec
'

Jan

2

34% Nov

12

—3

19% Apr

24

26 3/a Feb

18

213/4

Dec

33

—50

_

Corp

393/4 Apr
1073/a Feb

27

49 Va Dec

31

39%

Feb

47 Va

9

107%

Nor

par

100

16

52%

53%

53

53

53

553/s

500

55 %

55%

55%

$5 preferred

-No par

40

56%

60%

563/4

•600

61%

61 Va

62

$5% preferred

-No par

46

62

623/4

460

$6 preferred—

-No

rfat

par

%

47% Apr

25

4,200

.No

par

Vs Dec

15

Service

Equitable Office Bldg

%

9

Apr 27
Apr 23

543/4

19

5

..'

15

62%

"

Nay

21'

17 V4

preferred

Engineers Public

1%

Jan

•

-No par

2%

14,000

180

_No par
-No par

2%

page

Sep

16

49%

%

17%

28

23%

%

Feb

,9o Feb

—

Am

34

*51

14 Va

9% Dec

Boat

57

54%
"55

Jan

20% Jan

Auto-Lite XThe)

& Mus Ind

%

*53%
*60

Jan

36%

5

Electric
Elec

49

2%

182%

Dec

15

23%

2%

Apr

27

7

33%

2%

Sep

160

Oct

Electric

20

5% Jan
145%

11

24

2%

Dec

2

4,500

——

Nov

May

1%

120% May

36% Dec 311

49

110

19

Mar 28

34%

*108%

151% Dec

May 16

8,700

"

109

7

24

24

28

4% Nov

26

r49

108

Apr

34

170

$6 preferred
Elec Storage Battery

34%

par

Dec

2

17

4

3,200

.

163/4 Apr
2% Jan
108

100

preferred

23

110

1
5

_No

Eaton Manufacturing Co
Edison Bros Stores Inc

1,600
l

30

'

33

2%

Mills
(N J)

9%

1%

30

2%

Rolling

Eastman Kodak

"P/4

10

33%

234

Eastern

1 Va

1

*108

Eastern Airlines Inc

1,900
60

13

32%

110

7,500
1,900

__

36%

30%

*108

■

1783/4

*174

12 5/8

33%

46 Va

<-■

149%

36%

30

110

..

.

...149%

13

32%

23%

*4434
*108

...

3%

36

33%

33%.

33

3%

1783/4

30

*29

32%

3%;..:

1

1% Apr

17
Apr 28
July 27

112

Oct

3Vs Jan

8

68

Jan

30

73

Jan

5

83

Jan

•% Oct

2%

Dec

Dec

34% Aug
July
Sep

113

Oct

7

Jan

64%

Dec

80 y4

69

Dec

17

74 V4

D*<

83% July
89% July

17

ft

No-i

%

Apr

Jan

.

-

13

CHRONICLE

rHE COMMERCIAL & FINANCIAL

Number 4139

157

Volume

NEW YORK STOCK RECORD
Monday

Dec. 26

Dec. 28

I per

8%

8'/a

♦38

.

*3%
*6

3%

5%
231/2

: 6%
24

24

23%

35

V

35

.

'

*84

34%

i

;•/

21

20%
7 7'

'

/

87

'

*

79

'

25%

34%.
21%

00A A

*84%

7

22%

12%
.14%
*74%

;

:

600
«

3%

15%

2,600

7;(>VY'FW--*7,7.. *%%

.<

Deo

23

2%

Dec

27

30%

Dec

42%

Dec

10

75

Feb

75

414 Sep

18

1%

Dec

7% Dec

15

4

Dec

28% Oct

13

21%

Dec

1% Nov 10

A

Deo

Dec

10

70

2

23

15

Jan 31

93

90

.

,

13% Dec 30
4% Feb 4
18 Va Jan 7

87

7%
29%
13%
87'/a
29%
9Vi

Jan

Not
Feb

3%

Jan

8%

Jan

30%

Jan

.

% Jan

/'

45% Jan
24% Mar
7

13
100
26%
14%
4%

Mar
Jan
July
Jan
Jan
27% Sep

Dec

97% Jan

8% Deo
34% Feb
12% Deo
90
Dec
31% May
8% Dec
98
Dec
7 16% Dec

16
Sep
45% Sep
18% Jan

86

6

74'% Nov 20

Aug

7% Aug

May
Dec
Dec
Apr
Dec

19%
8%
2%
14%

24% Jan 16

.

/

32
Deo
16% Jun
6% Dec

37% Jan 16
29% Jan 29
8% Jan 57,

277/a Apr 28
19
Jun 30

.

-20

preferred——-100

ponv

4%

Oct
Jan

4% Apr 24
20
May 20

par

10

23

10

1% Jan

Jan

I per share

10% Oct

2

70

Highest

I per share

44

4

3% Jan ,2

6
Jun 22
par 77 69% Sep 10
__2
19% Dec 16
—5
'
8
Apr 15.-No par
3
Jun 30
No par
11 Va Apr 28 »;

Federal-Mogul Corp
Federal Motor Truck—
Federated Dept Stores

1,500

•-•7

80

*77

79

*74

79

7

13%

3%

•

■

15

14%

Fairbanks Morse & Co—
No
Fajardo Sug Co of Pr Rico
Federal Light & Traction--"
$6 preferred—No
Federal Min & Smelt Co—

1,100

14%

3%

3%

.

!

;

;

21

13%

13%

•

3% )
15

90 7

21

/13%

12% f

•

I,"

4% Jun

32% Jun

$2.50

Exchange Buffet Corp

1,900
2,600
2,100

<•

f

,

>

6%

*84%

■

20%

20

3Va

90

20%

20

•

6%"'

6%;,

>

700

34%:

22

7

—

—

'

34%,.

6%7

800
2,700
2,600

7

„:

—.

__

ft

*84%

'

79

*75

..

4.^

6

2414

A- A :,

21%

15%

14%

45%

15

*75

5%

6

24

■/&:■

a.

I per share

.

_

',

.•:•

34

•

'

%

.—

3%

34%

3%

3%

3%

3%

5%

23%

ft

72

3%

,

22. • •:
6% ;■

12% 7

12

'12

11%

614

23%

*69

3%

21,400

.

7.7 " 3,800
.77^777

Year 1941

Highest

I per share

■Par

1

tErle RR common—
No par
Ctfs of benef lnt
No par
5% pref series A——100
Erie & Pitts RR Co—
—
50
Eureka Vacuum 'Cleaner—;-——5
Evans Products Co
!——:
5
Ex-Cell-O Corp
3

3,000

■

t

6%

■

20%

V

Range for Previoua
Lowest

Lowest
;

Vi:7

34

/ •

6%

1-

,

Shares

*•

.8%

40%

20%

.

20%

7

20

20%

8%

814

72

-

3%

3%

23%

34%

-

6%

*84%

87

<

*20

■

20%:

v

7|/'

7

*69

77:/&,

i'V

7,;>U.

$ per share

,

,

6

6%

share

814

the Week

Jan. I

On Basis

NEW YORK STOCK
EXCHANGE

gales for

Friday

39%

8

40%

39%

72

3%

3%

<

I per

.

8%

8

39

*69

72

"69

,72
3%

3Va

8

38%

39

38%

39

Vs

*69

7%

.

,

Dec. 31

share,

$ per

•,

•„

8%

8%

8

8

Vav

J per share

j.

,

814

77/a

8

7%

,

Dec. 29

I per share

share

.f

Thursday

Dec. 30

Range Since January 1
of 100-Share Lota

STOCKS

■

LOW AND HIGH SALE PRICES
Wednesday
Tuesday

Saturday

14% Dec 12

J

*13 7'

:

♦16%

*104'%

30%

30%

30%

16%

15%

16%

15%

*98'%

100%

*98%

100%

,25%

26%

25%

25%

*19%

20

*40%
-

9%

.7*16

3%

29%

9%

7 7.9%

9%

40%

r40%

40%

40%'

7

45

45*

A *41

50

35%

35%

35%

77' 17%

17%

>35%
7/i7

36,

17%

94%

94%

*94

*9414

97

7

7

19%

19%
2%

6%
*101

9Va
9

63/a

v7;'

5%

4%

"*4%

4% 7 4%

.

7'7

,71
130

>:

12,800

7%

4%

5%

'

69.7

,

20%

20%

127 7

130

29%

30%

4%-

5,800
3,100

7%

7

70 V2"

20%

.

72 "

"1,070
:1,300

20% 7
130%

130%

.

77

'

240

29%

3p%

30%

30%

53,700

General Electric Co

34%. 3$%
*112% 114

7 35%

36%

.4,900

;

1

7 V7 *112%

116

*112%

7

7 71%
*93

..v

99

-

35%

-34%

-

:

,

116

•

7112%

112%

1

44%

43%

7;

127

127

:1277-

127

;

7 *93
i

16%

■

*2

2%

v

14%

127

i'V

A
31%

is3*

16

:

57

.

5

57

42%

*41%

4%

%'■«•'

60 Va

.

15.%

4 5/a ,':4Ya'

v."-;

5

■77v7 5

7

41

II

-'

*75% 777%

>

26

3,700

••/77WrA-y'VrV /
>

-

,

'

.

7
■ZfyAViV,■'
/ ' *1 ' 77-7

.

104

Sep

Deo

55

J an

2

5% Nov

10

3 Va

Deo

Dec

21

Apr

140

28

18

10

2

Dec

14

6%

Dec

15%

Jan

28

90 V* Feb

4

73 %

Feb

97

Sep

*16

Dec

22

118

> Dec

130%

Apr

Dec

35 Va

Jan

21% Nov 25
Nov 27

132

29

Apr

23% Apr ,24
29

61

3,400

y

•7

c','

122

Apr

10.

13% Aug

317

General

3% Sep

Gillette

$5

7'

$6

14% NOV

4%%

500

conv

'

T3*
*

7Va

•"'-': 73/4
j

'
«

31%

7>

15

♦

15" "7'

*

23

'

14%

14%

14

*82

»

10%

1

'

•

7 %:

*'4Va-

4,V*

Jan

13

16 V*

7%-.;

4%'

•>

8Va /

■■"7%

24%

'14%

15 V*.

"14%

•

f

7%

7"7:"
r3r

■

>

21/*
82

1

3%

22%

•

'5

33/4

137%

"

-

65

31%

'

'

14

*10%

138
"•*55

31%

•14

Va

11%

'

14

2%

No par

50

*11'

11 Va

10%

10%

10%

2%

2%

<

3%'

84'

84

-J

3,000

-

r

'2,400

139 Va

16

5

Jan

65

*55

32

13

Dec

22

Jun

102

Mar

112

Dec

6%

Dec

714% July

Nov

20

2 Ve May

Nov

25

Jan

20

65% Jan

27

«" 14

•

<1

■"

'1,100

r

61

■, 57/s

Apr 28

84

11 Va

••--■10%
*

-10%;

10%
2 Va

*82

•

-

2%

60

Feb

74%

11

Dec

17 Ye

Sep

35

Dec

46

Jan

15

% Jan

30

23/a Jan

;

(

25

24%

25

25

•;•/• 3%

3%

33/4

3%

25%

25%

25%

25%

82

2

27

Dec

*2,255
.

Dec

83% Dec

16

2

27

Dec

26

10

Dec

90% Dec

2

59

Dec

47/B NOV

30

1

Jun

7 81% Dec 14

25

Jun

;

,

Oct

20% Sep
90

.

Jan

.

68% Now

7

Sep

.2

1 % Nov

2

%

Dec

«

Sep

10

5V2 Jan

9

3Va

Dec

63/8 Jan

3

8 3/* Dec

3

6%

Dee

13Y* Jan

.

9% Nov

6

5

Dec

123/*

Nov 28

28

Dec

36%

23

Mar

25% Jan

6

Mar

6

/

Apr 25

32

t22V» May ;4
23
July 23
13% Dec
5

—100

& West RR—^
Co Inc__

25% Feb

Apr 24

—

1—— —No

'10

27

63

197/a

7

Vs Nov

42

3

14% Dec

4

11%" Aug 31-

Mar 31

9 Va May 20

14% Jan
37/& Jan

'483/4 Jan

86

2

1

2% Jun
18

* Jun

;3
; 2

Sep
4% Oct

26
,

24

'

33% Oct 23

:

Jan

28% July
July

144% Aug

Dec

Dec

54

Mar

.36%
14%

•

Sep
Sep
Apr

Jun

Dec

18%

IV*

Feb

-

11%

10%
:

13

Jan,.

18% Nov

10Va

:

Jan
■

7 28

9%May

,

29

1

Dec

29% May

.

0

l8/a May 22

1V» Jan

18V*.; Dec

.

135

33 Va Jan

-

1

par

,

14

Jan

143

July 16
,

27

28% Jan 27

Apr 21

50

.

:-25

(H L)

12%

18% Oct

22'% Apr 28
130

" Feb

25

/193/4 Jun 22
._No par

.

7.3% July

Jan

x58

100

:

Nov

743/4

Apr

l%Jan 20

preferred-

preferred

11%
54

8

Jan

Jan

21 Ya

1

26

2

-

4

100
% preferred——-—_.
Gulf Mobile & Ohio RR—. —No par
$5

2Ye' Sep
91

Dec

10% Jan

56

Col———

•:,' 8

2,800

.

~ix

Preferred

■

Dec

2

i80

Oct

2% Jan

Dec

7

60 Va Jan

7

20
>

18

Jan

Guantanamo Sugar——__ —No par

1,000

84

3 3/4

25%

Nov

13

•

Great Western Sugar-

•

*24%

73

77/7A

29
Feb 13

5,900

J
:

Sep

4

44

,1,400

,

.

Sep

9%

24

16

2

,* 10 Va Apr 25

6,100

Dec

Oct

4

Greyhound Corp; (The) 1— .—No par
1_
—10
5% V conv preferred
1.1
Grumman Aircraft Corp—.

14%

4%

Dec

54

34 Va May
7

Feb

May

V* Jun

Gr Nor" Iron Ore Prop-

Green

4%

1% July 28

preferred'—v—r—-

Green Bay;

.

32

,

Aug

24

'

Grand Union w div ctfs—
Granite" City Steel/.———

Great Northern

Sep.-

24

>Deo

18

8

Granby Consol M S Si P—

60

15,600

7

80 Va

28

37% Jan

50

"

,'2%

*81

>v

3%

—/ '

23 V*

.

Jan

Jan

Feb

12% Sep

Graham-Paige Motors

5%

Jan

11%

46%

5%

'

'

Deo

29%

Dec

'

(Adolf)——

Grant (W T)

25

Dec

8 Va

16 3/* Dec

X40% Mar 31

Goebel Brewing Co—

300

:

"*137 Va

31%

2%

'

t

23%

23%

14%

:

3,300
.200

■•

•:77

7

22%

65

313/4

J

—1

22%

138

10%

105a
82

137%

*55

143/8

23 Va

23

"15

,

.

'7. •'

'

21% / 22%

,

-,

- 31

3,300
,1,900

—;

.

'*24V*' "24% '

■

7

13,300

;

_-/•>,''
L

*24%

*31

—<

Apr

14

157/a Dec

2

-

Jan

% July

V* Nov

7

110

12

3

Jan

106 Va

5

20

May 21
21
Jan

16 Va

Jun

9

79%Jan 19

12

Va Jan

Dec

98 V*

x

Feb

10

101% Sep

—1
—.—1
Gold & Stock Telegraph Co_
100
Goodrich Co (B F)
No par
5 ft preferred—--—
—No par
Goodyear Tire &. Rubb_^
No par
$5 conv preferred
No par
Gotham Hosiery—:
—.—No par
Preferred
——^—100

Gobel

7% Jan

110% Nov

Nov

19 % Jan

13% Mar 30

—

- .

31%

7 77. 7%

900

/-v;'

72

7%

31%
11

10% ;

•'

.7 84%

3%

r

*11'

'

2%

4':

82

%

•;24V2«24%
'..'14%
14%
/•
.21
•
213/8

23 Va

138

31%

11%

,*.73/4

.7

; 10,600

UAVAV

4

:>

*80

-

'

31%

*

:

60

31%

>

82

,

'*

•v

,

} A ■: .-800':

>'

90 Va

7%

I

21%

*55

60

31%

2%

4'i/a

7;

—7.7;7 700
77 ' { v - 11,100

85

7 89 3%
H":- 4'

r31%

V

15

-V

7

10 Va

ye,

4Va

:

-IV 7%

7%..'

24%,

21%

*137

111 Ve

4

.

7%:

"

/ '14%,;

22%

'

*80

;.

io
"

25%

25%
'

T'

•

ifi-.

"

'

137%

•

4Va

*81%

.;

7

;

26%;

26%

:

4V,:

.13.
:

31%

22%

'

90

4,800
1,700

77% 7,

"•74

26

77*80 J; / 82.

%

;• 4Va

*.

137 %
*55

'

85

25%
*88 Va

90 /

—-

••

V

21%

,

*24 V*

24%

21%

J

<.31

rf

*24%

n

;

.*88%:
W: 4

81%

77

7.. 4 Va

■

8Va
"

V 4 Ve

3%

*80

'

7%

"7

*81%

:25 V*.' 26,

..

713/4

j3/4

26%

/

Deo

s«

7

31 % Nov 16

Mar 11

4

preferred——

% Oct

V* Mar 26

No par
No par

(The)——

~4%

9

7%

4Ya Jan

105 % May

5

11

\ Mar

48

Sep

'

107 % Jun

5

preferred—

Glidden Co

Aug

3

% Jan

27

20

Gimbel Brothers—-

127%

Dec

2

/' 7.

14% Apr 28
8% May 27

—No par
No par

Safety Razor
preferred

conv

Dec

31

Apr 23

65% Jun

Sep
Jan

Jan

3

53/4 Jan

10% Apr

23

91

132%

2.7 %

109% May 13

2

101

Nov

104

48%

0

i3B Jan
:

42% Sep
Aug
7,1% Nov

117%

Dec

3

,

14% Nov

17

99% Aug 25

—No par
Co

Jan

3 Va Jan

10% Mar 11

—100

& Rubber

Tire

30

Oct

121%

128 7 July 29

1% May 13

6% Jan

28%

'

17

Corp

78% July.
.'Dec

125

10
44% Dec 31

2

Jan

38
,

^

131% Feb

10

Jan

/ V*- Jan

•.

9

Oct 20

87

,

15/

Jan

102

29

30

; 1% Jan

,

:

Apr

112Va' Jan

116% July 24'

% May 13
Mar; 25

122

33%,Feb

;

5

40% Jan

„

111 V* Apr

: 64% Apr

243/*

30% Oct 21

21% Apr 28

Gen Steel Cast $6 preferred—No par •

Telephone

Mar

3% Oct

Service--—.——10c

preferred—

July

5

9% Jan

Sep

■i*

-

*, 6 %

144

Dec

4% Dec

•
1
.———No par

Gen Time Instru Corp

Jan

Dec

2%

115

16

X

Railway Signal-

General

7 V*

11h

2% July 31

>

,

No par
0% preferred
—100
Gen Realty & Utilities
-1
$6 pref opt div series——No par

400
7

%

..

77%

-26%

81/7:

79 Va

88%

v

4%

*31%

81V*
26 3/*.

*74,

26%

26 Va

26 / ;

77 12/,;;%.

;

6,300
100
13,500

/ 7777/777■>,

'W 77. —7;,7w7:'

*40 Y4 .42

1%

1%

/,75% ,75'/2

,

:

88%

4

1%

'

*78

'•

27

'"7 80%

81%

m'

•

*

7:7 :/■

vY',77

57

714% '/.;■::

14%

Si:

fx

1%

77%

*75

27

""

::l%

26%

27

;

' * 26%
*80

iH

"

771Pi!2

v'

3,200

77777 500

'

.

7.7/.

7

Oct

Jun

39%

General Refractories———No par-

710

5%

5

120

100

General Shoe Corp..——i—

12% July
53 Ya May

16

104

v.:

.••■r-

f

100

Mar

'

7 16% Apr 25

par

4,900

•:;'>„^-

5%

43/4

'

.

14%
42

_—.

"7-

77^-1-/777:^/7

:4%'

■::7;; 57 ■/

57

.

"

8

Jan

Equip Corp
Ink—

preferred

$6

Gen Public

12,700

.;-7'7:77, 7-, 7:777:7 ■'

60%

*59

5

*56 3/4

77

42

■•

-

14 V* ' 7; ,7.7 13Ya

7' *40%

—

15%

4%

61

*59

56%

7 14 V*

15 Va

•

ici

5 V* Mar

46% Feb

Common

Gen

77

v5,7 —-4;:7 7-7:;
;

15

Apr

6

66 % Nov

preferred—:.——
A——No par
/»
/
No par

$5

'

Gen Precision

109

„r'

/

General Printing

"H

16Ya

15

Jan

4

Sep

Dec

Apr

12%

Sep 12

100

1,900

16%

De c

47%

9

Sep

6% Sep

Gtn Outdoor Adv

2,200

iiV 77-_;'7/>

*106

15%
109

8%

30

2

100
—10
No par

General Motors Corp.—

2,100

'

31

•

1

4»a

47/s:

.

15,

*106/
.77 15%

v:

:7:7;
77
7/7-v' .'•77-7- ;■

7

60

20

Dec

7% Nov

25

Jun
Nov

Mar 11

-

No par
A-No par.:

preferred——-.

"

;

*

"16%

'

' 59%

,

716%/

16 Va

/;:■

7

60

56 Ya
-

41%

59'/a

15%

60

I43/4 7

41

60%.

IS3/*

57

':>/13 Ya

10

16%

60%

7/7 5

>7

14%

14%

4% •'

10

16Va

;

5%

7,900
loo

10

10

15 Vs

7

A
16

10% Feb

13

106

—No par

2,400

V

7 ,7

:

7'■

1

106"

31

15 Ya

*15%

"

ifi(>

31 Yd

7—7

;

32

7

,7 --.777-77,-

,

12%

*104%

106

7'777W15 Ya

*106": 109

7■"
'■

v

'

*59%

.5 >77;7

4%

*56%

7,15 Ya

•

!i2

12Ya

12%

■

58%

;

;
;

■777.4%/

61

*1043/4

;>:■

4%
104Yi.

:

7 1,900

.7'

'

1,800

.

2%

TV
*

12 Ya
'• ■;

16

9%

-

/

109

15%

4%

;•

/;

16%

,

"

43,500

.

14%

31% 7, 7*30%

15%

/

16%

*15
*106

15% ,7

7

60%

16%

16 V*

108%

106

7*30 V*
.

.10

59Ya

■

*15

*59%

.

7*- /■'
v

16

9%

*16%, 163i

'774%

.

2%
14%

7

43/a 'TV77 4%
104%: 7/*103

•4%
*103

12Ya

*104%

U
31%

IS3/*

9%
>761.7/

15%

,

7-

2%

A
'

'

*30 V*

*106

7

7.

4%
103 3/b

12%

106

fo

,

.

;

9%.
61

4

7 4,000

16%"

16%

.

14%

14%

14%

103%

123%

*1043/4

*30%

..V.-7 2

77

.127%" 1273/4

16%

2

7
44%: V":",'

;100

23

53

Feb

3% Jan

No par
No par

General Mills.

20

13

2%

2%

35

—No par

$6 conv preferred series
400

Jan

2

3% Apr

—

$4.50 preferred——
Gen Gas & Electric A—

12

3% Oct

"

130%

>'^44% V

127

16%

7

:'i'v iV:/:/

106

"104%

-7" -7.:

4%

16%

:

.14%

103Ya

.7 123/*

123*

12%

'••

7; 47*
103%

103%
A

"102%

;/

143/4

14%

■-■A

4

2

2%

2

7

14%

.16%

44%

,JS5 44 '4

127 V<':127 V* 7,7

;

177

,16%

8,300

V

•'

85,-7

*128

130%'

*128

•

*16

7*83%

86.:

200

98 >7 7

*93 ' -"

98 7

-

85:

7;

7
1% 77

T%'

1%

1%

;-

1%

85%

85%
;,128% 128 Vat,
43% .7 44Va

44%

;44
7

-

■

'987

*93
„

130%

*128,

,

1%

/.

85

85

130%

*128%

*112%

>

1% ."71%
V *93
98

85 i

,.♦83%

34%
115 %

34

.

Ar

'

General Foods Corp—

30%

-}

:

7

-

Deo

1%

3

98

•>;■••

35

.

1%

3

Jan

9% Nov

par

preferredGeneral Cigar Inc—i-——.—No
7 " 7% preferred—
—

129%

1

2% Jan

3

par-

No

Deo

2% Sep

•

-No

cum

129%

18

93% Deo

22
8% Apr 17
51

par
—5

General Cable COrp-—7 ". Class A—————

t7%

3

Nov 10

Jan

41 July
23% July
99
Aug

32% May

3

Jan

21

:

-No

General Bronze Corp__-—

Jan

May

8

—5

preferred—,

$8

30

*

2,000

-

2%

2%v

no

20%

General Baking—-

•>;<■

142

7 Vs

7%

70%

5%

43/e

2 %"

v

769

6,000

37%
.7

—-

Deo

46

36

28

7

Deo

13% Jan
32% Sep
20% Jan
9

May 27

97

6% Apr

_No par

7 "Jan
35

—

2% July

10
preferred
—
—.5
Gaylord Container Corp—
.—50
3%% conv preferred——

25% Apr

132

May

Sep

16

par

<

105
Feb
——

•

19

6

Nov

2% Feb

21
17

11

8

5f#

Gen Amer Investors-——

3
26

Jan
Jan

July

33% Jan

Jun

Deo
24 May
9% Deo

38% Jan
v

105
42%
16%
103

3% Dec
21
9

7

l%,Jun 23
7

$6 preferred——— —No par
—5
Gen Amer Transportation-

"

,137

7

.20%

.

3,500
^ 100

V

17% Dee

5

19
30

45

85% Apr 10

6,000

104

9

3
18
15

10% Feb

8

1% Jan

28
28

5% Jan 13

27 Apr 29
15% Apr 24

w—1

Wood Industries Inc__

Gar

Oct

38

Dec
Dec
Nov
Feb
Dec
Jan

36% Mar
11% Jan
42
Dec
12% Jan
136
Nov
18% Nov

78% Sep 30
27% Mar 14
9% Apr 28
114
May 28
14% Sep 26
5
Jun 13

-.20

(The)—— -No

J

4% •'

2 V*

n7/,: 6%

-100

-

6%

6%

5%

.:>4%.

^

54

36%

139

7;7/ 300

9%

9%

6101 %

s.

600

8

Aug 28

—No par
1

(The) cl A(Robert)

Co

21% Feb

May 22

100

preferred—7

6%

Apr 21

43%
26%
105
39%
16%
96%

—1

Inc

Gamewell

180

"I

3 V*

36%

5%

;i> 2%

130

•

9

-

—10

—

preferred——

conv

Gair Co

19%

*51

6%

139

2%

20%

29%

5%

4%

71%

30% 77..

30%

5

139

7%

70%
130 7

130

•.

5%

'

.20 y4

20%

>

20%

:

-71

.

"

-

5%

Gabriel Co

-

7;

7

-

102

35%

7/

2%
7% •/" '7% 7!>.;•'.> •* 7% ?"'/ 7%

6%

36
7

8%

rl02

77

2% 77:7 v 2% 7

2%

53

Freeport Sulphur Co
Co—

^Truehauf Trailer.

30

'5,500
77>300

7*7%

-9%

53 7

77

6%

*137

'

•

/'/' 7%
7». *9%

7

103

35%
••

140

*137 7

,

2,000

./1,000

9

3

7:

9%

*101%

5%

5%

:1

'

7

'7,,/

1%

■>•

19%

3%

-2,200

,

77
7:77v':

2%

1%

19%

2%

35%

*1%

9

*19
■

.

52

6%

37

140 7

•

93

>/■

7; 17%

93

1%
1%

*8%

7%

7-

*48

103

5% 7

3

9%

-7

52 7

37% 77 *:• 35%

36%

1%

19%

7%

9%

v

7

101%

103

'

*137

•

9%
52
6%

.

1%

'7

30

•

8%

*7%

8%

,

>,

7

8%

2%

>1

*9Va

17

v

19%

2%

.

2,900

\

35%.

94

1%

8%

9

*8%

3

*7%

749

7'.'

1%

50

18

■

Foster-Wheeler——.
—10
$7 conv preferred
-.—No par
6% prior preferred——
25
Francisco Sugar Co—
No par
F'k'n Simon Si Co Inc 7% pfd
100

77; 77-2:7''

,

,7.

17%

y"900
3,500
—

7

'7„:7

7

7

36

-

10

*41

7 '17-. ■:

1%

1%

7

,

6

/

7 94

■■•/

5%

7

;•■*••
•'

17

50

35%

7

17%
97

19

*27/e

7

1% >7 1%

9%

19

7'.,

>'■7

2

1%

;.

1%

*8% 7

-

7,

2 77

*1%

'-•/ 1%

7:v,

7-

•/

2,500

136

*16%

140,

:

.

40%V;

9%
•132
.

5%

"'V 5%
*41

*35%

45

17

*16%

17

7:'17%

7' 45

■

No par

Follansbee Steel Corp„„—
10
5% conv preferred
—
100
Food Fair Stores Inc——-1
Food Machinery Corp.-——^—10

71,400

27% Dec 21

28

\

Mar 27

3

No par

—

Florshelm Shoe class A—

200

f:

.

;v ;

9%

Florence Stove Co

Apr
Apr
Jan
Apr
Apr
Jan
May

15

Flintkote Co

il l,300.

''••

:

''

/> 5%

5%

;'

3%

7: 9%
7/ 40%

136

*132

132

*16

5%

<7

21
29
3
27
30
2
14

86

No par
(The)—
.No par
$4.50 preferred----—-No par

First National Stores.

777 77.v;:;i—V.

30%

30

7

10

9%

10

9%
*122

'

V.

19%

3%

3%

29%

9%

17

*16

4. 5%

,

100

2,400

7,000

7

16-

19%

3%

29%

9%
132

*122

5%

"

30%
•

*98% 100% •
26
7 26% ; v.

20

*19%

3%

29%

'
.

9%
40% 741 V.'V:

17

-

*5% :/

..,

3%
30%

'7/ 9%

132

.

9%

,

•

9%

•

20

3%
.

>

26%

*19%

41

*122

100%

20%

*29

7 9%

9%

106

•

*98
,

"

10,700

104%

30%

15%

30 %

•

26%

104%

105%

30

3%

30%

16%

16%

105

7 ' 1,200

43%:

*

Ferro Enamel Corp—/.
—_1
Fidel Phen Fire Ins N Y—$2.50
Firestone Tire & Rubber
10
6% preferred series A
—100

2,800

"

"

26%

25%

31%

20

*3%

*104%

43%

43

X43
..

16%

27

*19%

26 %

30%

100%

*26%

43%

-24%

26%

13%

13

13%

13

■;>

•

1614

*98%
;

'43

>

43%

*103%

31%

31%

.13%

-

1

105

f10314

'

25%

43

25%

24%

,

13

13% 713%

43

•-*42%
V

V

13%

Sep

3 % July

Dec

55

Jan

1%

Feb

4 V*

Aug

9

7.

Feb

233%

Dec

Deo

33

Jan

Feb

38

Mar

16'/%

H
'

-"i- *22%:.7.23%

24%

♦22%.

22%.

■

22%

*22

37

Va

*35

23%

*22%- 23% •

38

*35

100

-

*35

,37

*35

*11% 11" 12
*8%
9%

*100%

102

For

37

11%

*35

11%

11%

11%

11%

*8y8;

11%

9 Va

8%

8%

-

113/*

38

11%

1,200

Water--—:—
preferred class A

Haekensaek
7 %■

Hall

Printing

Co

'

'*83/4,'
-

footnotes

*100%
see

9%

page




'

102

19

100 3/a

102

*100 Va

102-

9

102

9Va
102

"

500
10

Hamilton Watch* Co.
-

1%

preferred.

;i

19% May

—25

-125

-10
——No par
100

2l>

25-

11

35

8% Mar 16

13

*29;
8'
*

95

Apr
Jun

25

Mar 11

Feb
Dec

11
14

23%

7 33

Jan

Aug 22

8%

Dec

11% Nov 12

8 Ye

Dec

IS

Jan

Dec

IOS

July

106% Feb

7

102

.

*

■

f

THE COMMERCIAL & FINANCIAL CHRONICLE

NEW YORK STOCK RECORD
LOW AND

Saturday

*100

102

13%

*100

7%

*6%

1%

1.%

1%

8%

//'■• '

8%

*56

157

*150

13134

12%

y 73%.

*132
'

134

45

45

101

*150

*132

14%

:;v

14%

14%

12%:

12 Va

74

74

47%
101

14%

16%

28%

•y *15%

16%

28%

28%

28%

-

7

*6%

13

vy ." V,.,.-12%

7

*12%

115

*113

.-■•

*13%.

34%

37%

*13%

16%

*15%
287e

12%

33

14 Va

6%

*113

32%

.

99%

15%

13

37%

32%

*48%

28%

37%

6%

13

•

6%

13

31%

32%

32

600

,

;

—.y

'

V?.- 400.
yyyy 100,

_y'v

y.;

6%

31%

1,100
'•

e%

93A

9%

*43

44%

*105%

108

*34

9%:

43 Va.

9%

43 ''a

*33%
'•■:■'

93,4

43

108

*105%

36

31%

9%

44

*105%

9%

x44

108

*33 y4

35%.. ;■

:■

■

—

9%

44

*105%

35%.

'..•

10Va

*43

.

108

:

.:1 '•

108

'•

V

/'

:

Class

3,700

>

■

..

•

500

3%

3Va

3%
31%

31%

3

%
*4

31

23%

23 VB

4 Va

4%

4%

%

%

5'«

8 Va

8

18%

18 %

36%

*3%
10 V'2

10%

12%

,'13%

4%

%

8 Va

18'A

37

10 Va

10%

12 Va

10%

13 %

33 Va

.34 %

11 Va

12

12

32%

*87%

88%

87

88

86

163 %

163 Va

■161

168

*161

63 Ve

63 Va

63%

10 Va

*6%

108%

ft

ft

3%

136

86

85

86

•;

168

*161

168

V

10

63

10

10

10

6,900

Inspiration Cons Copper—

1,000
400

Insuranshares Ctfs Inc—_»
Intercheinical Corp

108%

'107

y

7

y.

•■

y

',7'

5%

6

148%

149

59%

■/>

11%
55 Va

55 Va

3%

334

28 Va

-y-

29%

11%

.

.

55%

r

3%

13'

59%.

8 Va

9%

3%
29

8

y

3%

3%

3%

3%

39 %

39 %

*39'A

40%

*39 Va

40%

*39%

40 Va

40%

27%

27%

27%

27%

27%

36'A

36

3Va
39 V4

Va

:

36 V4

*99%

28

3%

vyy^y y:^>
1("

y

8 y

■

8%

44%
3%

y,
;

46%

i'38

:

.•••."•'

V;v:r/

•

'

6%

6%

6%

63a

6%

7Va

6?a

6%

6Va

9%

9%

9%

38%

9

94

27

135

94 ,y

*92%

10%

*9%

137

10%

10%

:92%

102 Va

35

"99%

:

*135

110

6%

10

9

94

5K

27

10%

27
' ly (

•

*10

27%

*26%
*96

98

71%

127

19%

19%
54

64

64

;

98

70%
*125%

53%
*8%

26%

71%
127

r

63

63 Va

8 Va

27

8Va

9Va

27 Va

27%

:

•100

,

30,600

70%

7,300

% v;

2,200

yy-

10%

-;

.

.

4 _'/(yj',—J*1-:/-

*125%

127

Dept Stores..

18 "2

19%

19 Va

19%

54

54%

54

%

64 .yy".

64

*'■

8 Va

8%

.

•

*54

; 1,300

63 %

8%

0%

,■

'1-'

j

'

^

-^^

>.<*''

Jewel Tea
-

4% %

1-

v,

•

•"

■

/

123

53s

5%

*19%

20 V2

*7% y
*83

8
84

*10%

11

*103%

110

*14

■:

14%
8V4

8%

*103

104

28

28%

13%
'120

13%
123

5%

5%

19%

19%

7%

7%

83

83 ' '•

10%
103

10%
110

14%

8

8%
104

27 Va

5

19%

*14%

15

*25

25%
2 V

25

*13A

81%

35

35%

35

35

18%

18%

18%

18%

y !.//;• y

V

preferred:—-

14 Va
8

700

1,400

•

27%

io4-

yy

*82'A

'

V

1,900

'L--

10

5,500

.

ii;.''/.y y y.-,

•

-

•

\'l :-7y

y

800

-J-

If-yy

900

84

14

:

11
107

14 »A

■-/,

*10%

;•• -14%

14%

8%

8%

8 l/a

•>• 103%

103%
28%

15

y;

15

*25

26%

1%

1%

1%

*34%

35%

34%

18%

18%

18%

*103

-

2'A

2%

22%

22%
26

2%
23.

*2%

105

:

y.— ;

yv

1%'

*34%
-

18%

•y -y,

..

f

1%

22 %

223/4

26%

27%

27

27 Va

100

122

y?'../•■

•

yy,:

—

■

6,600

;

y „.■■■;./■ '••• •',

—;
//'—

50
800

1,500

v

3.400

-

*9%

10

34

34

34

34

35

17%

17%

33%

33%

17%

17%

120

17%

17%

17%

17%

11%

11%

3,100

11'A

*26%

27

108

*2%

11

•27

20 %

20%
*105%

11

*11

27%

20

20

27%
19%

107%

107%

2%

2%

2%

%

%

%

%

*11%

12

*24%

24%

*14.

14%

'106

2%
1

9%

9%

*11%

9%

27%

27%

28

20%

20 3A

20

20%

2%

*106
V

2%

108%

*106

1,200

108%

100

2%

2%

4,400

1«

%

6,600

2,200

11

11%

11 Va

11%

11%

11%

24%

24%

24

24%

24%

24%

24%

25

*13%

.

2%

11%

14

,1,700

%

%

u

50

200

28

20 y2

11 Va

14

,

12%

27%
108 y2

1,800

14

25

26%

14 Va

*26%

26%

14 %

25%

26 Va

*13%

14%

300

32%

33%

25%

33%

25%

33%

32

33 Va

*24%

26%

-1,100

4%

4%

434

32%

32%

32%

5,800

4%

4%

For

footnotes

see

5

page




4%

19

5

32%

4%

8

Jan

j

9J/2 July

20% May
85% Dec

18

Feb

29% July

111'/a Jan
161
Jan

Sep
Dec

90%

Jan

14

8'/»

Dec

13%

Jan

5

6

Feb

7%

27

19

Dec

107

July

"4

3
9

3%

Sep
Sep
113% Jan
27

Feb

8

Dec

Jan

14

6

Dec

11%

5

140

May

167%

26

Dec

July

166

42%

9

% Jan
12!/2Jan

Dec

57

Jun

150

19

12 y4 Dec

170

Jan-

Jan

July
Jan

21

57

>

19

Cv;

5

% Dec

9

Dec

6J/a

4lANov 21
30% Oct

136

'•

Jan

>

61
:

Apr

1% Dec

*

Kan

Dec

May
Feb

City P & L pf

15

May 20

7 7% Aug 13

Furn——-ilO 7
ser

1

B—No par

5.,

Feb 10

117

Mar 17

2% Jan
2
16
May 26

par-.

,20

>104 Vb Oct

10%

v
t

51!A Dec
I Va Apr
32% May
38% Feb
26

v

15

25%

Feb
Jan

95

/

Dec

6

138

14

Feb

98

Feb

124

134%

Apr

,

,

10% NOV

9

33% Jan

5

31%

Dec

44

Ji

5

107%

Deo

Hll%

D

'49% Deo

71%

S

8%

73% Dec '18

129 U
24%
•

Nov

100

May

0
2

26% Jun
'11% Apr
9
>24.% Jun 25

12,700

preferred

1% Jan

-i.'.^^No par

> \,

fi

,

30y2 Sep '4
17
Mar 31
2y«Jun 15

(S H) .& Cp._:UNo par ;

19'% May 7
Bak_„— .No par '■> ,' 22 % Apr 29

Co St Louis

100

(The) ,——.No par
&

7% Apr 29

100

—

Bryant————.No

Rubber

Tire.

21 '/2 Apr

liy2 Jan

.

Lehman Corp (The)
Lehn & Fink Prod Corp

50
No

par

50
.-1
——5

;

—No par :

Libbey Owens Ford Gl
;
No
Libby McNeill & Libby._-._i

par

7

2

15 V2 Apr

15
18J/2 May 29

.

tLehigh Valley RR__r
Lehigh Valley .Coal——
6% conv preferred

24
•

8% Mar 17

par
—5

Lehigh Portland Cement—
25
: 4% conv preferred
—100

Lerner Stores Corp

14
.

-

4

122 :•;

Nov

128 -y.-F

16%

Dec

27% Ju

•59

Oct

79% Jan

3

64 V»

Dec

Jan

20

8%

:

67

Deo

II

Oct

26

•y;

16

7% Oct

9

Dec.

14

s

i-

■

13% Pec 29

100%. Jan

A1

86% Ju

.

yyviy-vv:

:>vvv.;fv;y

124

Ji

Jan :3

Jan:.. 6

64

Dec

13

4% ..Deo

xll6%
vv

.

:y
>

2-

1?% Jan
121 Va Mar

Jun

Dec

6
Aug
22% Aug
14% Aug

13 Va Dec
9% Dec

■lOp
Mar
v/y 6% Dec

104'A Jan
121%

3r

y. 95
Dec
yy 9% Dec

17

4%

Dec

98%

Feb

9

Aug

18

Apr

..Jan

8%

Jan

'

A

Kresge (S S) Co.—
10 ;I
Kresge Dept Stores::-——:,.—„yl ;

Lee

Augy
Aug

107% Jan

14% Dec

Lane

33%

'I ,!'M- ''

•

24

Lt

t Sep
9% Aug

26% Dec

5

Nov

Feb

87
7

15

32% Jan

,

5%
-

;;/Jan 12

11

30

preferred.

Oct

Sep
Sep
Sep

11% 8ep

5%

104

y, 3%

103 % Dec

6

■

Laclede Gas

Oct

iw 3%

100
81% Dec 29
Kayser (J) & Co.—
:-5. : .; 7
Jan; 7
Keith-Albee-Orpheura preferred. 100 ;'i'
93'/2 July 23
Kelsey Hayes Wh'l conv pi A——1 T \. 10%, Apr 24
Class i B_
-.1
4% Jan
9

Lambert Co

49

Dec

9

Kroger Grocery

Oct

■

31% Jan*

Dec

5

Kress

Oct

49

1%

29% Nov

prior

Sep

1%

11% Feb

$5

Sep
Jun

2%

48%

/

7'/» Nov 21
10'A Nov
9

17

pfi

Sep v
Jan

73%
-■

May

95

.

31%

7% Nov 28

,

100

Kaufmann Dept Stores
—
5% conv'-preferred--—

Kendall Co $6 pt

July

131

46% Jan 30
48'A Feb 13
5; 32
Feb
5
'..39'/a.Oct 16

/yyy/v'v: vi

Kansas City Southern—.No
4% preferred.:::.:.—

4

23
125
.

Jan

13% Nov

9

,

9

;

Kalamazoo .Stove' Si

2%

•

26

Dec

,

4

May

53% Dec

-

5.^ pref series. B ponv.—100

Kimberly-Clark-i.,,:.:.'— ..No
par,'
Kinney (G R) Co—
L.
——t

17%
11%

5

63

,

/17 V2 May 20

Keystone-Steel & W Co—No par

34

*11-

2iy4

13%

154

61

50 V2 May 15

600

17%

*9Va

Dec

2

4

Aug
Aug

3

8

2

par

800

*

y/. 700

,

._V:.y ",:•

*2%

22%

*33%

Dec

45% May
4% Aug

105% Jan

20

37% Jan >;, 3
15 % Dec

29;
y l2%

Jan

31

30%

',
v

.-11%
"

3

Dec

•••

104

2%
];{
8%

106
:

Mar

39% July

Dec

14% July

Dec

25

38

Jan

Feb

5

1%

Dec

40% Feb

5

23'A

Feb

40 %

July

22% Jan

9

21

Dec

26'A

Sep

3% Jan

23

■

..

19

2%

22%

9'A

24

5

10% Jan

18% May 15
85

44,200
.;

34

9%

10%

Dec
Dec

.

-No par
Kennecott Copper—..—No par

-1'

—

35%
3

10

'
v

26
■

-

-

__

'

26%

2,000

15Va,.

»■;

150
200

i"1,500

'

29

*25

•

*

,

10

15

,••:•:

' JJ. '-

:;'»y '••-'v

i'tyyy

28%

34%

18%

2Va

27%

v-V

7%

*103 Va

ft' 27%

28 Va

14%

22%

9%

y:

•

8

25

3

26%

19 Va

7%

\vy

1%

23

9%

14%

14%

;•

•

•

19%

7%
11

Deo

11%
31

•

yy

5%

103%

103%

25

1%

—

82

*10%

8

*2%

27

82

11%
110

15

1%

5Va

19%

7% y

4%

.% Jan

151'/a Jan

'"-T-

^

5% Jan

2,400

;

yV;V;'

13%

;
■

4

"

3

100

Preferred

..

V

y 423

*120

5%

191/2
'

13%
y

123

*5 Va

%: •:

83 Va

13%

*120-

Sep
Jan

% Nov

Mar 25

111 % Feb

Apr 18

-/ {J'i0' v>'

V

Jones .& Laughliri Steel:—No par *
5% pref series. A:.—>.—*
100

*

.y-y.vyyy:'

»

....

Johns Manville__———No

.

*10%

*223/4
27

8

253/8

*14%

-13%

19%

*7% %

*103

28%

:

5%

103%

14

103

13 Va
13%
•120 y 123

Jan

4%

6% Feb
,

;

127
■!"

<

Co—
—1
Co Inc———.:!:—No par

k
13%

123

3%

217/8

7

4

■v.-

*13

•**••

15% May
2% Dec

■

23y2Jan

10

24% Apr 29

A

—

1

J.

,

•

8,600

'M

55

8%

par

par

3,200

65

•

64%

:■

8 Va

/iV 1% Dec

7

Jan

% Jan

12% Jan

May 6
26
May 20
94 > May 7
1 % Jan
2
2
Jan
2
6% Jun 29
88>AApr 17
7% Apr 29

y

100

Jarvis (W B)

98

*125% 127
Vv
yy 19
19%

54'A

64

1.200

y;%72 yy 72%;

yv

No
No

Preferred

.

72 yy

.50

Intertype Corp..
Island Creek Coal—
t6 preferred——,

500

27%

*95

Apr

26

—...

Interstate

200

-

9%

27

98

127

Jan

.

; 30% Oct 23
39
Mar J4

,

7% preferred.:..,'100
Intern'l Telep & Teleg—...No par
Foreign share ctfs
:
—No par

60

,

;•

.

137

9Va

27%

V' *96
yy. 71%

71%

m

100

•

27% y;: y v'"'*5

*135

*

9%

27%

98

125%

19%

18%

10

*96

*53% y'54%

8%

9%

:

27

*96

71%

*125%

10 Va

37%

Dec

7% Dec

.

par

International. Silver—

■

%

preferred.!.:..
Salt..

:VV
10

Apr

A

.2 V 15%.Jan
5
v43%Mar30 v:60% Jan
5
iy2 Oct
9
3'/2 Nov 23

v

pur

0

10

26 %

Jan

74 '/a Feb

24

126% Jan

,

No par

...—No

"

v2

Paper. Co.————15
preferred^—100

conv

International

TOO

%

.11

■

9%

94

92%

*n%
*iaa

la {'.

yyv

y '/4

92%

y;

V2

3

64

163 %> Doc

f

17A Apr 25
24 Va Apr 29

1
100.-

InternationaLShoel.,No

2,100

6%

6%

92%

137

:

,

y?;.Vvy-rw-j

*6%

27

July

100

1

.May ;6

38.

No par

Inter Rys of Cent Am

100

,.

■'

'

65a

5%

120
;

~^i

-

6%

*1:#)

f

xK

-

28%; y

6%

27.

;

*26 % v27%

Jap

5

Dec

5MjMay25

100V

International

-

V..',;y

40%

,;:;/y 6V2
9%/y
y-/a

'

13%

Deo

35

3y2 May 29

——

Preferred

800

v

•28%

6%

Jan

2%

4 % Oct
16% Feb

3

,JA July 27

No par
5

■

& Cbenr

Int Nickel of Canada—

;.
37,700
•:;/., '7,200
■

Min

preferred..—.—Internat'l Mining Corp

3,900

'V :

*39%

yy 35

Marine.

Mercantile

Internat

f V4%

20,500

'

3%

36%

102%

•

"V:

■

6%
6%

Apr

Dec

Jan

39

24

14'/a Oct 23

24

May
July

;

147

.

7%

Oct

52%
;

Jan

*9% Nov

2

Apr

40

100

—

Dec

/.//

23'A Oct 26

109% Mar 16

dys class A—25

200

40 Va

36

102 V0

Va

goo
•

'

'

140

;

28

,

par

Int

5,200
-

29% ;

29;.
*130

39'A

*39%

.

Dec

24

9% July
16% Aug
115

111 /

42

18Va Oct
5
100% Aug 21
5'A Apr 29
5% May 20

par

Int Hydro-Elec.

9,400

11%

3%

38

40 Va

28

No

tPreferred

10,600

,

10

46 V4

3%

.

39%

F

36%

101

3 V4

:

^No par

Machines—:

Harvester.—.—No

Internat'l

'

,.;.§5:..-:V".

3% V

.ift ■r

■

140 '

45

Business

30 Va

y

5% Aug 31
23% Dec 26

2 (

.Apr 24
8% May 20
5% Apr 21

-

Apr

i/'V;V.'if '%YH\

%
11%

8

Interlake Iron—
Int

.5,800
rZ
450

•

55

3%
*130

,:45V4

44

preferred.——
—•
100
Intercont'l Rubber—.
No par

1,200

';••'•

54

20

6 %

20,600
s

162%

ft

56

'

*99%

59%

11%

28%

135 V4

77a

40

1,300

,

149 %

162%

10

11%

)

28%

135%

45 Va

102 Va

'■

'

138

44%

36%

'

'

*55

3%

28

4,149%

60%

93A

10%

Va

*135%

1

ft
9%

11

\V'

7

%r: 5% y;;6 fty

:

162%: 163%
'

Va.

103 y2

7

•

163% ,163%

10 Va

*107

7%

59%

59

163%

107
■■

150 %

145%
-

61

%

107.,

7

5% ft 5%

150

163%

107

6%

6

150

107

Feb

Dec

2

74

—1
No par

Dec

9

1% Apr 13

,'.153

1

5%

Aug

2

21

100

Co—

G%

45%

*92%

Steel

Jan

36

5% Nov

6% Jun

par

preferred——

Inland

Aug

30%

100

2

10'A Sop 21

par.

No

6%

4,600

22%

45 %

*26

No

100

62 Va

2

2% Jan

par

22%

8V3

9%

__No

VVV 6%

7 "tt

V

,

Rayon

Ihgersoll-Rand—

1,000
■

63%

9%

Industrial

Sep

18 %

107 %

x

9

5% Jan

10

—

16%

Dec

1% Aug 31

13
May 13
32% Jan
2

No par

Indian

6%

8%

*99%

34%

86

■'63%

Indianapolis P & L Co
Refining—

2,500

22 %

7%

*36

10,600
4 3,400

6%

3%

29%

29%

12

22%

55

.56

136

11%

34%

,

Dec

18

ft Jan

—100

Jan
Jan

23

3 Vs Jan

—100

115

34% Feb

16% Apr 17 •"

ctfs series A———1000

6%

9%

11%

56

11%
11%

34%'

RR See

Jan

56%

Jun

Sep

106

2

2

Jan

80% July
132% Oct

4% Oct

1

% Jari

100

22 %

10

*11%

320

11 % Nov

July

16%

Dec

V

■

20

44ye Dec

168

12%

30

May

Dec

12%

5

39 % Oct

.1

Leased lines 4

-

6%

59%

163%

10

3%

Illinois Central RR Co—
6 % preferred series A
:

22%

5%

61

163

160

6%

7

149%

60

800

22 3 4

6

5%

149%

9,700

*161

6414

9%

a

8%

6 V2

7

7

88 >,

168

63%

tHupp Motor Car Corp—,—,

18%

38% Feb

Jan

Dec

18

Feb

Sep

96

13%

%

30

2

100

5,300

—

7Va Dec

13

Jan

96

5% preferred———;
A
—100
Hud Bay Min & Sm Ltd-.,—No par
Hudson Motor Car—par

•5,000
.

37%

'8

—„

Manhattan———

19

18% Jan

252'A Apr 24
—5
29% May 2

5,500

-v-

yy: yyy

4%

&

*22'A

23

106

101

9%

6-%

*22 %

63%.

100

37

12%

33%

Hudson

Vk 18%

y •;

11%

*12

.

Howe Sound Co—

1,500

7
10

'115

8'A Jan
2
30% Apr 29

c

Nov

6-

27

No par

t

v

Dec

21% Oct

12.50

—

of Texas

15

Sep

8%

Apr

99%

17

2

Jan

96

•

123% May
1
33% Dec

x

29% Nov

8

—No par

Houston Oil

12

Dec

—No par

B

2,600

::

:

%

4

107/a

33%

35

.

*3%

8.500

.

'•

.

23%

y y.

18%

37 V

3%

_.J

3%

18'A
36 Va

3%

•

.

4%

4%y

8%

18 Va

4

•V;

Jan

110

Feb

Dec

65%

»

30

2

12% Dec

.

preferred—2—-————100

5%

—

n

f

23

■

y

U

.

36%

•V

36 Va

3%

23'A

4%.

y;

y; *3%

>

yy.-

y

30%:

n

,

4%

%

3%

30 Va

%

22%
4%

% yy

3%

30 Va

■

...•■:■ •■-:* 4.

23%

*34'/2

10

4

•'.

8%,
18 VA

18%
*36

4 V4

ftt

•4%
••

0

8

20%

22%

4%'

3%

lil

4

23%

3%

30 Va

%

4 3,.}

23%

*36

30

n

*4

3%

3Va

31%:

:•

4

4%

33'4

6

No par
100 ••

—

Household Finance

%.

■

48 V2 Dec
102'/« Jan

Mar 21

14% Jan

•

——.—----5

preferred

Mining—;.,——
Houdaille-Hershey cl A

200

-y-yyyy

44

*105%

(A)

-11

._1Q

;

3%

Dec
Jun

10%
"

19

5-

Mar 13

Jan

101

•

Dec

150

13

Oct

12'A Mar 11

1

(Del).——

1%

28

134

Feb

6%

5

28

9

Homestake

18,700

v.::.;

Furnace

Feb

158

Jan

Dec
Dec

50 Ve

14% Nov
ft 75'A Dec

9

25%
149%

76

19

28

30 A Mai'

92

•

Jan

Deo

6

58Va Oct

Feb

79

3%

17

125
•

>

6
.1% Jan
94'/2 Dec 31

27

"_No par

^

■i 106%

Jan

140

May 12

8% Nov

Highest
I per share

Dec

12%

22

8% Dec

Apr

r-.,.Wo par

19

4

May

100

10

2

141% Apr
10'A Apr

■

IT

Jan

88

4

51

Holly Sugar Corp—
7%

'

37%

Hollander & Sons

v-

'

/

Co.:—_Ao

Holland

1,500

—

r*

•

par

Jan

t per share

4% Dec

24

100

preferred

conv

V0 Jun

4% May
45

Year 1941

Lowest

163/s Jan

29

—No par

preferred—

cum

Jan

•

■•.146

7

791/4 Apr

100

—1 .No

104

5% May 21

y.V

—25

;

1.000

—y

1

.>2

Hinde & Dauch Paper
Hires Co (C E) The——2

100

>%;»:

13%

y

$4

2

;v

—25

Hershey Chocolate_:_——

200

..

.

y

29%

.

—

6%

29

' Apr
3Ms'Mar

80

Range for Previous

Lots

$ per share

20

12 % Apr

1

;

Hercules Powder,

10

Apr

l';:~.

Hercules -Motors—

"2,600

*

.

100-Sharc

Highest

a 126

100

Products Corp
(G W)

Helme

1,000

—

__

•,•••

16

13

*113

31%

.

preferred—:,—

tHazel-Atlas Glass Co—
Hecker

.98

of Amer class A———I -.'

Hayes Mfg Corp———

980

99%;

6%

13%

12,400

ft'

55

*28%

*113

•

"

—

1

*15% -16%

29

_

of

$ per share

■•■,'

100

*

Hayes Industries Inc.—

4,300

134

48%

6%

115

*132

99%

28%

7 •%:

*113

V2

y *98

•

14%

!V 15% '■

134

48

y -

'

*15%

:':

Par

.

Preferred

12%::- :!•
74

*132

6 Va %

—

Basis

Lowest

preferred——:

Hat Corp

,

■

;.

6%

157

12%

.

.

.57%

*150

k

—
V.V

73%

134

400

V--

94 Va

;

■

•

On

*

V

.

Co $5 pfd——No paf
Harbison-Walk Refrac.—No par

100

•.•/

56%

157

__

1%

94

56%

-

Range Since January 1

STOCK

Hanna iM A)

,

.8

.'•'.:••

'v„

V.

—

12%

*97%

*97%
0

56%

86

75

:>■ 47%

!•;;

100

*14%

13 Va

75 %

1V4

C".v.
—

vS

5,200

.

—

YORK

EXCHANGE

60

*■

1_/

■

.

4%

*84
*6%

93%
,

157

13

50

*96

*150

4%

•

•

'

—

13%

NEW
*

Shares
r

—

137

lVa

lVa
93%

'/■;

-

r

86
7Va

8%
56

74%

131%

44 %

55%

4%

7Va

93
v

13 %

Sales for
the Week

•

$ per share

101

*131%

137

*84

1%

91

x7%

157

-

.

75

74%

V

1 %

1%

/

7%

...

56%

*150

13%

*13

.

8%

8%
*56

57%

86

*7'

.

91%

91

91%

91

7%

*7

13%

*131%
*4,'

4V4

4!'a

*99%

>

Jan. 1

-

t per share

100

13'/a

137

*84

86

99%

Friday

Dec. 81

t per share

13%

*131%

4%

*4%
*84

86

A

101

13Va

1334
137

*131%

4%

*4%,
*84

*100

STOCKS

Thursday

Dec. 30

I per share

101

13%

133/4
137

*131%

*

f per share

PRICES

Wednesday

.

Dec. 29

Dec. 28

t per share

HIGH SALE

Tuesday

Monday

Dec. 26

27

Jan

29% Jan

13

2%

2

5

Feb

3% July

5%

Sep

x22% Mar
V

28% Aug

;

29%

Feb

24

5%

Feb

41% Sep 30

17%

Jan

45%

Dec

15

10%

Dec

14%

11% Dec

16

Dec

31

14%

Dec

27%

23% Jan

9

19'A

Apr

Jan

26%
116 Va
5%

May

18

28

8

7

Jan

17%

13

.

4

ll3

Jan

16

.107% Dec

Jun

2

4

Jan

26

j% Jan

Dec

17

1% Jan

20

%

Feb

2Va

Jan

7

15 Va Aug

18

2%

Feb

14%

Aug

17% Apr 17
11% Apr 24

18
Apr ?9
-20% Jan
5
4
Mar 12

40

,

1

uec

24%

04.

Sept

14% Aug 31

11%

Dec

14%

26% Dec

26

18%

Dec

27%

Sep

33% Dec

28

19 Ve

Dec

45%

Jan

5'A Jan

20

3%

Dec

7Va

Jan

Nov

Dec. 28

Dec. 29

t per shart

$ per share

Dec. Hi

I per share

60

60

60

60%

175%

175

31

29%

30

60 Va"

59%

60% 'i

61%

*174%

60%

60

61

62

:

175%
22%

22%

*22 V

23%

23%

23%

23%

*"33 V2

33%

33%

33%'

33%

24

15%

15%

15%

15.

17%

16%

16%

16%

45 '/a

46

45%

46

;

17

V

4-6

46%'"

36

36

6%

*17%

6%

17%

15 %

*59%

17%
16%

16%

150%

150%

151

.

/

15 Va

15%

59%

<':

■

;;

*124

19%
*9%

•10%

19%

19%

/"

s

*

3%

9%

10 Va

'■

*13%

19%

20%,

3%

3%

1%

14 '■

./ ' 1 %'
2%

'

*6

■

,

14V4.

13%

13%

-*13%

1%

*1%

3% y.'v

2%

3

2%

7%

8

7%

7%

7%

9"%

9%

9%

9% y;-

9%

9%

9%

18%

18%

18%

9%.

•}

3%

3%

3%

3%

33%

*23%

24.

24

21%

21%

21% ;

21%

*34 V4

*

24

36%

37%

v;: 2%

2%

2%

21%

*19%

V.

12 A

12
11%

11%

11%

•.

8 J/8

*8

15%
6%

8%

103%

6%

6 %

;

*66

15%

*100%

103%

'

*25'A

26%

5%

5%

V

6%

103Va

26

:t

13%

1S
3 %i

13

%

iif

Va

3%

3%

3%

*17%

17%

.17%

*64

14

3

17%

88%
114%

114%

*118

122

•■*9%
*11%

11%

109

87

A 108

i"

•

'

r

jr"~

t 2,100

•

...

.* V,

-

•-

Vv

V

v;

9%

9 Va

Va

9%

■'i-

11%

11%

11%

11%

•••.?

.

22%

22%

22

!"'

f
A

\\

A;

1-09

:

14%

''

63 %

116

■

5%

-5%

33%

WWaL"

6%

V

£6

57«

fi-.

:

2,600
A-

•

.

.

8%

53

;•/.
-

" : " '•"Vv?"'.

l

—~

'j. v;

'V>.;

v

%'":

^

r-

-

■'

'•

I

par

100

Minn

par

900

1,500

preferred series C.
Power Impl-.^A.

'f tJ. L.

Ti

■

:

"-i

! -,f

/

1

—100
20

$4.50

preferred

400

'3,780
2,400

-

•
.

SA 1,600

•

.

-

•

b

:.y.

■•I

r'

-

"

,

*112%

115

*112%

-900

-

v

1,800

_V','
.

'"A

•"'

v

.•

f-

'

360
•"

_r !:,f

_

.

64%'

600

.

:v',;v_r

i

■

115

100
10

;
'

5%. ■:

5%

"V
'

1.

/ • •

_

vA'

;

•.

6,800

«

'

34 %•

35

34%

5

17%

Dec

29%

22

11

Feb

Deo

,

Deo

138

Jan

Dec

Sep
14% Aug
31
July

19V4 Dec

.27% Jan 28
4% Jan 30

1%

Feb

4%

Dec

18

5%

Dec

7%

Aug

,16% Jan 26

12%

Apr

16%

j

x6 Va Dec

Sep

Nov

21

%

Jan

1% May

3VaJan

5

2%

Dec

5%

Jan

llV4Oct

14

3%

Dec

11 Va

Jan

12% Jan

7

2

11

Dec

26% Jan

6

6% Jan

6
24

19

251'8 Nov

21

Sep

32%

Sep

Dec

12 V4

Jan

28%

Jan

3%

■34% Dec

17%

Dec

x20%

21%

-

29 Va Jan
176

6

Sep

176

Jun

1

10

Sep

31%

40% Dec

Aug

56%

Dec

Sep
Jan

2%

15%

Dec

28

90

Dec

107

8

27

Nov

28

Dec

171

7

3% Nov
22

May

24% May

13

Jan

46% Jan

101
Dec 22
12% Oct 21

Apr

$4

.-—No

14% May

12%

Dec

16

108% Jan

6

103%

Feb

109%

24 Va Dec

5

13%

Dec

25%

Jail

9 % Nov

9

Dec

9 Va

July

Dec

31

Dec

37%

15% Dec

17

Dec

1'5

7 % Jan

14

Jan

5

39

110

preferred series Co—"—No par
.--No par

Montg Ward & Co Inc
Morrell

(J)

;

300

Morris

&

..50

Essex

Motor Products Corp—

Wheel

Corp

:

—

9 % Dec

103

Sep
Nov

5%

Dec

8%

Sep

101%

Apr

109%

Jan

5

Dec

■'

7

Mar 24

70 Va

Feb

3

54

32

Jan

2

6

Oct

24

3 %

29

Oct

13

9% July
82

Mar
Dec

July

71

27% May

77

Sep

15%
110

Dec

72

Aug
Oct

Feb

6 Va

Dec

21%

\

33%

Feb

29 %

Sep

Feb

30%

Apr

Dec

37

Jan

33 % Oct

7

16

30% Jan

16
14

24

7 % Jan

l2
18

19% Dec

28

13

Mar

17% July

23 % Oct

13

17

Dec

38'%

30
2
19
19
21
26
28
2

108% Nov

16
31

86

Dec

59% Dec

34

Nov

108

Oct

y

111

.Oct

24

•3% Dec

18

17

4%

9%

Dec

105%

Jan

45 Va

Jan

112

Dec

52

Jan

125

Deo

1%

Jan

Oct

4%

Jan

Dec

79% July

14% Nov

7

9%

Feb

15 Va

1 % Oct

9

%

Oct

4% Oct

24

18

Oct

26

91

Jan

7

15
8
7

4

Mar

67
•;•'■■

1

July
Aug

Aug

12 V*

Dec

17%

77

Feb

94

Sep

10

112

Mar

118%

Oct

26

115

Mar

123

108%

Jun

113%

120

110% Jan

28
24

Oct

1

3%

Dec

117% Feb

6

34% Dec

Sep

Aug
Oct

39 Va

9

24'%

Pec

48% Mar 12

35%

Dec

43 Va

Jan

29% Mar 25

,

30
29

21%

Dec

30 Va

Aug

20

5%

Dec

12

Jan

9%

Dec

17%

Jan

18% May

24 Va

Oct

11

2
9% Apr '23
20Va Aug 27
2
Sep 11
50
Jan
2

No par

5
Mueller Brass Co.a—
4
1
Mullins Mfg Co class B—I
—1
$7 preferred—1—
—4
No par
Munsingwear Inc.,
I
___No 'p«r
'Murphy Co (G C)___„No par
4%% preferred—
—
100
Murray Corp of America
10
Myers (F E) & Bro
—No par
Motor

7% May

26%

Nov

15

May
May
112= May
102'4 Apr ,
23% Apr
28'/2Dec
12'A Dec
6% Jan

_No par

& Co..

108

6

Aug

14

110

par

Jan

Dec

6

Jan

14

27
17
24

66

—10

No par

;

series B

'

'

35%

8

,

No par

Monsanto Chemical Co„

205

A

44,600
-A

Apr

13% Jan

6
25
15

,

-~No par
—10

Corp

Preferred
<

1

Moline

7%

50

__r

23%

:21 Va Jan

.

35%-Jan
103% Jan
xl07% May
1% May
57 % Jun
8% Apr
% Jan
l%Jan 2
12'A Feb. 27

:

!100
.-10Q

pfd series B___

$6.50 preferred^—

.

1

conv

preferred series A—
Mohawk Carpet Mills.
j.

•

•

!""•:

21%

21%

5%

wNo

Mo-Kan-Texas RR

'

■

■■v-v' .'t'.i

•

rS 2% V.: 2%
54
54 is.:;'/
*63 V4

5%

Prod——

1st preferred

Mission

.'

-K-'

,v;.

J"i i'-::'

v,,

*14% : 15

*34'a

,_10

Petroleum

2,400

•■

v,.

15

5%

5

4,700

XyyVr

,

9%

64

35

*34

Steel

4%%

5,900
-:v;> 400

•>:..

11%:.,

*14%

113

—-.5

-

Apr
Nov;
Oct
Dec
Jun
Dec
Jun

21
Apr
24 • .Dec
5
Apr
12VeMar
16Va May
88% Apr

No par

Co—

4,600

:

:•

i3s/«% :

t-

9%

54 -'V

.l50

Min Trans Co

cum

4%

■;

L";.

34%

.

11%

22%
,;

i

Minn-Honeywell Regu

10

„'

122

12%

':'•—

2%

1

'

9%

2%

-No par

Copper-!

Midland

320

•

:

T

•

'

11 %

:A

conv

Mid-Continent

2,100

-

115

,; *29%' v34'

12%

9%

*22

94
x5%
64%
55 >
20 Va
4%
22%

100

(The)—
j
1st preferred

5,300

•■

X32

2

par

No par
No par

—■

preferred series A

&

—

••

19

27

131

100

preferred.——

conv

Machine

;

12

Jan

35% Jan

23% Jan

——10

Field & Co_—,___No

Merch

-

.

,

86

?

*62'/a

5%

33%

Jan

Mesta

'

5%

3 3'A

31%

15V» Apr y 1
122 1 Dec 29 ;
Mack Trucks Inc
No par
26% Dec y -7
Macy (R H) Co Inc—-No par
17Va: Apr 30
Madison. Sq Garden—_l_No par
9 Vs Nov 6
Magma Copper—.—^j.™...10;
,■
19 ' Dec ,11
Manati Sugar Qo——-.1 f .. 2% May,22
Mandel Bros..
,..i_No par
5 * May 2 ;
Manhattan Shirt—,——___nL25
;. 11% May 18
Maracaibo Oil Exploration
1
% Mar 27
Marine Midland Corp.
5
2% Jun
4
Market St Ry 6% pr preferred—100
4% Jan
2
Forbes

&

preferred——'

6%

Miami

300

I':'."*'
•S \ t

,

-

5%

Nov

1,700

A

h '1!-

-

'■

•

.

v-V;

14%

113

33%

Sep

74%

;

<f-'

•

'

•'

■

*- —

•

%

63%

*61

-

22

Feb

6,000

V

e

' '

18

33%

11%

■

54%

14%

14%

63%

Jan

Dec

>

•.

yu'rf.

109 vV 103

.

34%

2%

54

54%

147/a

Jan

162 *•.

15

'/.•A: 280

-

63%

19%

Dec

60

Mengel Co

1,600

:■

,

3%

*118 :

28 Va

a:;.

22%

2%

Sep

Dec

142%

9

8

-100

$5.50 pfd ser B w w
Melville Shoe Corp
;

2,400

•,

•

.

'

2%

19

12%

26

26

Mead Corp

100

'

A:

Jan

10

Dec

153

Mar 30

18% Jan

;• •;•;

.;

.

•\

V;•■;

.'■■■

*113%

12%

12%

12%

9

13%

16% Nov

19 Vi Nov

Mar 13

11% Apr 29

.

2,000

v
■

13%

3%

•>86%

•

12%

Dec

76 Va Jan

4,^',

;

>

.

f

65
/.

18

..V:

28 V2

•

>

*112%

2,600

'

■■■;•'.:■'

'

12%

128

1%

9

—"

30

*14%

116

•

:s"J'

3

*13%

:■"

33%

33

54%

3,300

~

":V

114.

%

]if

122

*108

109

32%
30

2%

A'

'■ f'''

'.'

—•*•'•

.

108 v >■•:;•:

86%

*118

122

33%

15

___100

'

115 V.

85%
*113%

31

11

45% July
3% Dec

—

4,700
1,500

*

*62

*112%

-

115

85%

33

55

*54%

17%

108%

2%

*2%

17%

*118

22%

22%

3%

17%

\

3%

122

9%

-

3%

3 Va

31

12%

12%

%

115

—''

.

20%.:

*63%

:•■•

17%

114%

.

19 V8

2%

13%

<

32

65

13%
a\. %

12

88

87%

*113

A

■■■■'

5%

.*110%

3%

3%
64%

13%

,

65%

13%

•vXJL'

,'y

,

-

59%.

3

64%

3%

3 Va

65

13%

7% Dec

.

-

•ft,

■

"

58%

114

65

2% Mar 27-

•

1,800
1,400

v'

27

*105%

*110'/a

32

1,000

•

20

•

58%

114

;

.3,600

,

800

106%

*110%

33%

4,700

>.

106%

57%

58

57%

Apr

-

29%..

20

"

20

114'

108 %

fc'

•

106%

106 Va

*110%

33%

A 2,700

'

4%

•

19

19

;v 20

20

107

;

5%

108

108%

:V-<'

'29%.?;".

29%.

*105%

*118

/fi

^

69

*26%

108

*86%

'•

A"

:;.j:

27

.5%

18%

19'/a

19%

35

„

•'.

58

26%

*

-5%

5%

106'A

57%

56%

3%

'

*25

*105'/a

.

—"i"'

'

7*^VJ

6 Va

•

4%

31

*29

26%

v

20 %

28

8% Apr 17,,
Martin fGlenn L) Co
—
1
17V» May 20
Martin-Parry Corp—No par yifV';. 3 Ve Sep - 4 ♦
Masonite Corp_i..__^.:.tty,
No par
» 22% May
1
Master Elec Co^_—V_———1
19
Aug 31
Mathieson Alkali Wks_—T—No par
19% July 28
7% preferred-—-100
162
Apr 20
May Department Stores——.—10
:31s Apr 29
Maytag Co
^
No par
1 % Jan
5
y
$3 preferred
•
l_No pat
13% Sep 24
$6 1st-cum preferred--;-^—No par
76
Jun - 2
McCall Stores Corp
1 \
9
Mar 6
McCrory Stores Corp
1
10
May 12
5% conv preferred
100
99% Aug 21
McGraw Elec Co__
_1 : \ 14
Apr 17
McGraw-Hill Pub Co—
No par
6% Jan -3
Mclntyre Porcupine Mines
.'—5
27% Oct 13
McKesson & Robbins Inc
18
9% Jan 12
5%% preferred
;
<
100
101 j May 20
McLeilan Stores Co
1
5Ve Jun
1

V

103%

'

6

■%'?

26

114

;

;■•••':

4%

4%
26

29

18%

108

,yv:

26

29

19%

>

29%

4%

5%

42% Jan

.31% Jun

'

108

3%

'

'

-

,

6%

••■'

*100%

6 V4

6 Vs

29%

26

A

13%

*64

6%>

6%

*100%

%

*105'%

*110%

•:['*%
'•

111;

29%

5%

Oct

16

par

2

Marshall

6,200
1,600

■vr

'>'•

'15%

*109%

111

107

107

,

17,700

v

'•——'.

•

8%

15%

15%

15'a

29%

19%

56%

56%

''.

'"'■''

■

>v

39

38%

38

37%

-<

8%

8%

8Va

58

26%

,107

103

300

14,000

'•.'-.LL"-:

„

23%

*66

19

20%

20%*107%

•;;]

■

38,200
3,820

108

22%

59

5%

19%

19%

*.'

v ;■

*11%

23%

69

25

39%

.

100

'

" v''

*102%

6 Ve

43 a

Sep

May

,

■'-

12%

*58

31

26

■;

'i.5-1

:fi

■

107

12%

*66

26

*29

31

26'A

*98 "

69

29 Va

31 %

28

h.

11% Apr

.

3,200

•

21%

-;2i%

:
•V:

12%

59

4%

*25 %

,

21%

*66

29%

19% Apr

15

55% Sep

MacAndrews

1,100

1

ui." \X

■

~

A4

''

*57%

4%

A

•.

:

'!'•

'

3

63v

29%

4%

25%

.

%

,;

•

3,7

•

69

4%

*29

165

"■

12

103%;

A" 6

6%

6 %

\*57%;

29 3A

A 29%

1

.V-A. '
rtv ?' *'*

21% Vv

20%"
*163

100

*109%

6

6

46% Dec

>

Louisville Gas & El A—-*.„No par

1,800

24

106

:A

111

6 Va

*66

63

15%

*100%

68

*57%

' •

'''

11%

15%

*109%

24% Jan

Jan

Louisville & Nashville™-,.,-,

700

,i v

V''

34

•33%

36%

23

38%
'

Jan

1

37

Co,

preferred^—

7%

8,800

L:'"

'3%

X '3%

*102%

23%

15%

111-

(P)

16%

2

11% May

*

.3,400

,

'

12

11%

8 Va V: 8%
37 ,1; 38 ;'■>

,

6%

*100%

Lorillard

Apr

13

13% July

•y 14% May 20

,1

No par
,—25

Biscuit—,

Loose-Wiles

DeC

16 Ve Dec

Corp_„__#o par

Long Bell Lumber -A

May

9'A

':4

'•l

18%

>*2%

20%

106

22%

*109%

112

*109%

^^

'

1

./•;/__

••

8%:'

'2%

12%

38%

.'.38%
15%

38

•

*102%

Cement

Lone Star

■

•

8%

.

''I

1'

9%

37%

y. 100

12%

11%

11%

23%

9% Jan

-

Liquid Carbonic Corppar
Lockheed Aircraft ,Corp.
Loew's Inc__—.--fi/o

3,500

3 Vs

■

'

2%

20%'

A

12

23%

'
•

18

.'

:i

,

.

fi

^

.

%..-.

18%

.

165 5

36%

107

*98

,

106

*102%

23%

23%

8

-"-v; 20

■

21%

*163

2%::

19%

20

12%

106

*102%

12% Oct

Lion Oil Refining Co—par

'

107

*98

A

107

1

"23 Va'

21

36%

36 Ve

2%

*98

'14%"

8%

-

17 Va

*19%

•••••

165

2%
,

•;

9%

V/V

-

*163

Jan

2

25 %

„__Wo par

Link Belt Co

'.'■'ll,600

.u£': ;• '•' (/

'r

1

■

,

6%" Jji (•

3":

8 Va

-

23%

21%

37%

■

:

21%

A

37%

3%'V;

1%

•

:;,y. 3% V 3%
■'•*33%

3%'
' 33%

23%

:

,

*163

*163

33.

A

33%

x29

"

'

34%
24

C 3% A

5

1,400

■:£-}

'

17%

18%

17%

18%

18%

V

Jan

May 21

37% Nov

- ;

v

'•

i J

20%:'

*13%

vr;

8

•*>:

30

5,300
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An?;,

A

...

10%' .v V

•'<•:'

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.

-

: 1%

3

•'

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'

28%

3%s'I"

..

.

.

8

-:-3

x20%

160

"/ ;,;i

19% ,:

.20

—

'6%

2%

A

:

Dec

4

"jyy.! ' V."- !

'

f

128.

10%

•
-

•3% U:

•A 1%

v

A';'.;

1 %,

,.-v.

6%

*6

6

14

14%

*1%

•;?

6

6%

17%

32% Feb

__

^yyvv-v:> yy^i1

20.

19

:

10%

19%

3%

•;

23% Nov

1,500

'

'

*6

19%*

19

9%

A

19%

3%

3%

3%

v

19%

JUn

14
23

600

--■27%

28

19%

10%-

*10.

Jan

16% Apr

4,300

'

'

Jan

22% Jun

•.',••-

15'%."

*122

128

27%

19'A

19

19%

*19%

19%

Jan

189

174

Lima Locomotive Wks__«,—No par

28,100

''

*122

28%

28

V

28%

28%

28%

28%

177

Lily Tulip Cup Corpper

4,900

:19>!'/,

18 % V'.

Xl8%

123

122

•

4

Jun

5

Dec

98

•;

19%

18%

,m

130

*124

130

:

19%

16

Nov

21

•

;

1

f;Vi9%

'19 %

-V' 19%

74% Jan

29

2,900

,

'r'V;-

r

*6060%

.

,

50% Apr

164% Apr

Jan

96%

64'/a

3

Nov

9

16%;/y;y':/vSV%:;%i;

15%

15'A.

_25

32 Ve

12

39

64'%■ Dec

Jan

73 Va Jan

33

Mar 13

50,Va Apr 18

Highest
f per share

t per share

J per share

share

..100

Series B

1,000

•

a

150%

150%

GO U

59%

•,

-

'

6%

20

:__5
-r25.

tPreferred

i8%v;i,,.,;V:,:,r;iir:%,y^;

16%,,

i 15 Va

15%-

59%

1

,

59%

15

59%

15%
61

38

% 6%
*17%

.

18

16%

151

153

*151

153

153
1

i

•6%

6%

:> '

17 %

16

16%

16

16%

16%

37%'

17%

A

-,t

•

46%-.-.'Vi.-jj-'.

;

$ per

1

3,400

.'Tyy-

,

37%

Par

.

Liggett & Myers Tobacco-^.

70

/
y.'j-;,/■' A'16%ih:,i7r>;-i;v;^L'JL-.!
Kl

46;

.

Life Savers Corp

1,100

'■■■

.I--

V

...

Lowest

Highest

200

:

12%.:,,
■,'15% * 15%/,,

45%.

37

6%.

6%

6%

17%

35

,;11%

17

:

45%

35%

35%

36 I

35%

18%

*SVz'

f.
-i

1

■

.35'.

,•

C;y

...

25%

24%

15%

15%

16%

17%

:

,

22% :•

,

-

'

-i

.

•5,600

175%

22%

,

11%

11%

11%

11%

16

*15%

>

11%:

11%'

34%

A

34

12%

;"••,
25% 'i

22

22.

;

24

11%

174%

176

34%

23%

•

*174%

*174%

175

V—

•"•

,

400

63

61%

*21%

23

*21%

I.'::' '

61%:

*29%

V

'

Year 1941

100-Share Lota

of

Lowest

EXCHANGE

Shares

Basis

On

STOCK

NEW YORK

for

the Week

Jan. 1

,

'

31

*59

60

■:

'

'

t per share

'

*29%

60%

30

60%

<

'

$ per share

S.oer share,

:t

;

81

30

32

*30

Dec.

Sales

Friday

Thursday

Dec. 30

Range for PreTlooa

Range Since January I

STOCKS

LOW AND HIGH SALE PRICES
Wednesday
Tuesday

Monday

Saturday

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4139

Volume 157

12% Nov

9

25% Jan

20

> 3% Jan

20

Feb

4

63

v17

,11% Jan 7
49
May 6
108% Sep 18
AX 4% Jan 2
30'/a Jun 2

1%

Dec

4% July

Feb

46

74

July

15%

9% May

8

Dec

Dec

Jan

Nov

61%

Apr

74 »/a

Sep

6

~4

Dec

~8%

Jan

7

34

Dec

51%

Jan

19%

Deo

69% Jan

6

Dec

29

113

6% Nov
39% Feb

!$■-

3%

6 %

*1

6%

*3

6

22

5

*7% ]

5
8 Va

*8%

8%

V

A ' 5

7%

15%

16

16%

5%

5%

19%

19%

19%

19%

8%

8%

8%

9 %

17%
71

...

•

7

*9%

6%

6%

,70%

13%
*34'A

2%

2%

52%

51%
.5%.

14%

tS*,.

W'rA;.

■

■

2,300

-

1,100

■

-

-

:"v:AA;

v

vV.-v.

vA

;

.

:X':

3,700

•'

12,000
100

•■'"
•

■■

5%

'

•.'

600

-

••?*/■;

••'

■

13%

160

6,400

—•

160

=.

■■

:

^

....

14

!■

4,500

A—

*
.

V,

2,300

14

V••

•••A.

"

■

,

50

5%

5%

14%

13,%
57

61

;

13 Va

57%

*55%

61%

.

36

6%

60

51
5

51%

.

%"

13 Ve
57

2%-

2%

2%

9%

9%

y

...<

■'

Vr

c:

•:>

•"

-

"■i-. 51%

52

y.

61%

,

59

-

'

,

10,200
(

57. :•
'• • - C■•'61%:r 1 .-i.S-.V

6

6%

6

6 Ve

9%

9%

9Va

*16%

76

*74

.

37

17

16%

*15%

*74

76

*74Ve

*36

76

37

2% y

•

2%

•?'

39

ley*

•

""9%

i

-•

16 Ve

.'

-15%

10%

10

in

26%

10%

.

110%

27 Va
-

17

17

16%

*94

95

*94%

10 V2

26%
10

36

74 Va

76

36

«'

*110V4

L_'

27

27

27

1038

10%

10%/

--*35% ■-.38

110%

.-if

:

.•

'

,1,300

7f

200

1
•

.

*'

y

•yir

f

40

26% -27A

17

16 Ve

16%

16 %

16%

94%

94

94

94

94

-

80
200

.

*110%
.,

240

3,400

r

'

i5%

74%

_r

" ••-

•

17 v4

16%

'

'

2,200
•

10%.

10 Va

CI-

7,600

™

•

•

"

r_"

-

•»

y. io,600

'

For

footnotes

see




page

19

*94 '

■

.95%

.

;

™'

Chatt & St.

%

100

Louis

3% July 14
7
Oct 20

Deo

3

Dec

2

14 Ve

Jan

23%

Sep

19% Oct

26

13%

Dec

23%

Jan

5% Nov

13% May 26
Nat Automotive Fibres Inc.
—.1
3
Apr 24
6% conv preferred——
—10
•
5% Jan
5
National Aviation Corp.,.
—5
6'/8 May 16
-National Biscuit Co
—10
13,
May 5
7% preferred-.-.
100 ■: 140
May 1
Nat Bond & Share Corp.
No par
12% Apr 23
National Can Corp
—T
—13
3% Jan 2
Nat Cash Register.
—No par
■
11
Jan
2
National Cylinder Gas Co—
—.1'
6% Sep 16
-Nat Dairy Products..——No par
12% Apr 30
National Dept Stores
No par
4% Jan v 9
-6% preferred—
—10
8% May 1
Acme

xl%

29% Nov

1
Dec 31
3% Jan
2
16% May-27

—

9

2%

Dec

7%

Jan

9

Jan

1

Co

.

300

1^1,-No par

•Nat Distillers Prod.
Nat Enam &
•National
*

-

No par
:—1
No pat

Stamping

5%

Dec

23

6%

Dec

13%

Dec

18%

Jan

160% May

175 Va

Jan

12%

Dec

17%

Jan

3%

Dec

9%

Apr

17

14
16% Dec 22
5% Nov 27

166 % Jan

-

Gypsum Co

$4.50 conv

preferred.—

-

..

Lead Co—.r„
10
preferred A„
;
.100
6 % preferred B
—
^100
Nat Mall & StT Cast Co.—_No par
•National Oil Products Co
u_.4
-National Power & Lt——
No par
National Steel Corp__
..25
-National Supply. (The) Pa
—10

•

preferred——————40
100
preferred
——-.100

'

--

7%

-•

'

$2
•

conv

5 Va %

-J

6%

Co.———No par

No par
Nehi Corp———
...n.No par
Neisner Bros Inc
I
4%%" conv serial preferred—100
■Newberry Co (J J)
—No par
5 % preferred series A—
100
-Newmont Mining Corp—..
i_10
Newport Industries.
S_1
Natomas

Co——'

■

•

-N'port News Ship & Dr Dock
■

$5 conv

preferred

"

—

...

*

,

:

1
No par

.

Sep

14% July

:

30
31

7%

Dec

11

12%

Jun

16%

7% Nov 23

3%

Dec

9% Nov 21

7%

Feb

10%

17

Apr

25 Va

U

Dec

20%

Sep

3%

Dec

8%

Jan

58%

Dec

93%

Jan

12V4

Dec

19%

26

Sep

28

18

Nov

6
24

72
O

.

.

5

Mar
/;

•

;••■

'

6% Dec

.

t-

.

.

,

Jan

8

Sep
Sep

Sep
Sep

'

Sep

16 V* Jan

Apr 25
May 6
Mar 17

5
May 26
Apr 27
Mar 10
Apr 17
Apr 28
15% Dec 2
93% Dec 14
11

'

Dec

.

12

Jan

29

160%

Dec

176

Jan

"7

138

Nov

154

Jan

24

Ju»rf

168

146

Jan

17% Mar 17

Nov

23

3% Jan

>5

Oct

21

36
L

54
,

9% Jun 10
45% May 22
51
May 19
.2% Mar 30
4% Oct 10
5% Mar 7
70%
28
104
22V2
7%

Dec

11:

9% Dec

Dec 29
29 V2 Apr 28
IVa.Apr 16
43% May 28
4
May 14

prior preferred—-

10

■•■•:

15% Aug 25

20

17% Apr 24
14% Mar IT
3% Apr 28
60. Jan 2,

11%
145
12.9. .
13%

prior

National Tea

x

.

„

-National

-

10

9% Oct
16% Oct

-

„

5% July

8% Dec
•

—

'

'

9 %

Liquidating Co
No par
Corp——
5

National

3,400

6

9%

400
:

yv™'

•

*110%

1

1
'

6%
9%

3,400

.

y%r

:V:; 1,200

61%

2%--

17

27%

3,200

13%
r57".'

...

61

2%

40

110%

.

•

__

v;..rLL.

52 >v ,i

,5%

•

13%;

13
*56

60%
2%

*73

110%

100
f

•

^

14,700

-

31,800

5% ,.,'5%y:

2%

*36%
*26%

-i

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16% Feb 25

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Dec

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41

68

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5

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6

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63

Feb

70

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4

•

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Jan

>

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10%

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15

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24

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16

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31% Dec
105

Nov

17

Feb

July

79%

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110

Jan

22%

Apr

31%

Jan

5%

Apr

11%

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Dec

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106 Va Mar

11 fi

Jan
.Tulv

THE COMMERCIAL & FINANCIAL CHRONICLE

16

NEW YORK STOCK
TTJ—~7
'

Saturday
> per shart

'*27%

STOCKS

Thursday

Wednesday

Tuesday

Dec.

Dec. 25)

Dec. 30

Dec. 31

I per share

I per share

9 per shar§

27%

27%

26

28

26%

26%

26

10%

10%

10

10%

10%

10%

10%

12%

12%

11%

12

12

12%

11%

12

36 %

3 6 Vs>

35%

36%

35

36%

14%

14%

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14%

5%

5%
16

*63 y4

5%

100

27%

27

A
A.. A' Vb

I per share

20%

20%

64% ; '•

63%

63%

*63

65

*88

*88

27%

27

•

44
1%

20

20%

>22%

20%

23%
158%

160

> 157%

159

156%

*111%

114

*111%

114

*111%

10

*49%

50%

*48

9%

'

49%

V

9%

21%

156%

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45,100

50%

A

93%

50%

50

50%

50%

50%

49%

49%

*48

49%

*48

49%

4^2

49%

9%

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9%

■

9%

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9%

95

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.8%

8%

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107%

107%

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16 % L" ;:AA

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*35

3%

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37

■

9%
95 :

..

*91

16%

8%

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.

8%
108'ft

16

9%

95

8%

-

35%

3%

:

34

-

8%

8%

9%

*91

100

*31

8%

A

>26,600

7%

■

106%

16%

*35%

3%

*29

8%

34

8%

'

3% :,j' 3%

:':AA

*29

8%

34

8%

Preferred

.

>:

9

:

V'rkV'::--'

A

11%

11%

k

30%

; 30%

374

37s

>

*67%

11%

16%

11%

11%

11%

12

30%

29%

30

29%

30

3%

3%

3%

4

68%

*3%

3%

it 16

16%

*141

11%

29%

68'%

A

3%
142

>27%

11%

30%

3%

69

*3%

1174

30

50

*44

50

57%

;

57%

'

*44

50

8% preferred A
Oppenheim Collins—

1,200

16%

143

A

28

6%

30

50

*44%

50

300

56%

57%

55'%

5674

5674

57%

57%

57%

A

7%

7%

7%

7%

7%

7%

7%

7%

7%

6%

A-5%.

57/a

6%

6%

21%

21%

*20%

21%

*13%

14%

*10

13

Oct

Jan

1%

Feb

3

ft

Oct

%

Jan

2

23%

Dec

28

19

Dec

35

v

.Sep

32% Jan

179%
109

Feb

119%

Oct

9

9%

Dec

17%

Jan

26

50%

Apr

58%

Jan

57%

Jan

17%

Jan

Apr

25

Apr

29 A

> 52%
53

14

29

96

27

Jan
-

Jan

8% Nov

Deo

28

38

34

»

%

6

10 % Jan

> 7% Sep 14

Oct

6

Sep
8% Aug
113% Nov
A14 A Oct

Jan

40% Nov

Dec

7%

28

98

Dec

107

A 34
21

Jan

Jun

3%

2

3% Dec

18

A' 93., - July

9

Mar

.215

Deo

10%

2

2 > 110% Sep
17% Dec

Deo

50%

X

.6

.

31

Jan ,20
Feb

Jan

-Jan

:

2 >

Apr

20

Dec

2%

Jan

Deo

27% July

7%

Deo

13%

10
July
23% July

Feb

AAA/

■■■'•<

6% Apr 29
17
Jan
2
2% Jan
59
Jan

100

—

No par

12% Dec

—100

132

—5
No

2 :

5,500

Owens-Illinois

1,900

Pacifid Amer Fisheries Ino——5

Co

12.50

Feb

13%

Feb

12

2

84

79

9

29

17% Dec

;

Jan

4% Jun

22

Deo

10

Feb

9%

Jan

104 'ft

Jan

6'/«

Dec

2%

143% Sep 30
27% Dec 30

Sep

Dec

!

17% Jan

140

Jun

,16

Jun

26%

Dec

56%

Oct

24

38% May

52%

Dec

8% Jan 27

28

7% Apr
1% Apr
10May

12%

48

42
Jun 2b
43'A Apr 25

par

6%

28

6% Jan

Mar 20

xl6% Apr

18

30% Dec

2

2% Apr 28
11% Mar 12

No par

preferred——-A——

Outboard Marine St Mfg—
Outlet Co
:

Glass

Aug

ft

ft

;

14

*

*27%

:> A Jan

29

1

A:AAA:fA'■>

Otis Elevator—.

4,600

143

27%

*44 %

470

.

3%

16%

142

27%

5,400

68'A

3%

16%

142

27%

3%

67

.3%

16%

142

27%

3%

66%

3%

16%

•141

28

66

3%

16

142

,

*27%

67 %

3%

:ie%

*141.

28

'

*44

67

374

60

10

23

>A:A A, "VAA>'V:v

A

A' 'k

'■

Deo

26

Oct

11 Vb Nov

.

—————No par
Oliver Farm Equip—.——No par
Omnibus Corp (The)——
8

2,500

42%

Jan

116% Sep

.

8
Apr 14
31% Apr 27

Ohio Oil Co—

16,300

,

Feb

192 i' Jan

100

par

2.50

O

115

Mar 26

A\A,4% Jan

No par
—50

Norwich Pharmacal Co

2,300

Jun

Mar 10

9'A Dec

50.
1

—

•

18

23% Dec

39

No par

Telegraph

Norwalk Tire & Rubber

1,700

110

Feb

■

Sep

30% Jan

'

3

/

85'/a Apr 14

100

:

No

Northwestern

Jan

2% Sep
% Oct

39

50

tNor States Pow $5 pfd_

20

112

6% Mar 31

—1

Northwest Air Lines

2,800
'•

37%

Dec

6

108

Ry. Co.—_50

Northern Pacific Ry—

350

:

*15% -16%

37%

A 3%
:A

A 730,500

107%

Oct

106%

Feb

,

143
:

__50

North American Aviation

-

Northern Central

16%

34

8%

A:- x7%
A

107

100

preferred series—
6%% preferred series

•

18

14

Jun

Jan

8

Apr

r

15% Apr 29

6%

95

*35%

A

3% A 3%

AAA

8%

X107

16%

35%

17%

37%

3%

34

8%

107%

-

108%

*35%:

:

A 3%

*31

8%.%

'

Vb Jan

24%

Dec

May

8

2

100

Aug

4 V*

54

3

% Jan

19

.

"
-

3

'■& Jan

47%

8%

109

23% Dec

Feb

*25

Jan

12

May 20

'

Aug

20

80

100

Jan

18%

45

29

110

100

15%

Dec

6% Dec

15

North American Co——————.10

400

Feb

15% Jan

60% Dec

100

—.A

Deo

10%

16% Dec

A

15

.—5.

600

48%

2

May 25

tNorfolk & Western Ry_—
Adjust 4% preferred

1,970

113%

6

Deo

7

6

51

Highest

I per share

26

13

12% Apr

N Y Shipbldg Corp part stk———1
•

400

163

*012%
A/ '•A\9%

10

preferred

5

Oct

::

t per share

share

17% Feb

29

Noblitt-Sparks Indus Inc.*

5.000

21%.

Conv

4

A.

Year 1941

Lowest

32% Feb

>2%

50

fN Y Ontario & Western

1,000

23

KT%

161%
114

•

1,600

%

A A 23^"

23%

*111%
9%

-

3,600
.

48'/a

.

9%

*92%

9%

•ft

X

32

21%

*23

114

9%

9%

A:vA%

A

I per

50

preferred-.*

non-cum

Dec

Range for Previous

Lots

Highest

10'A Jan

A

par

No par

N Y Lack & West Ry Co
*N Y N H & Hartford

550

44

10%

35

No par
No

preferred——

N Y & Harlem RR Co—
.•

*1% A/ i%

100

1

100-Share

23% May 21
6% Jun 24
A 11% Jun 11

par
100

preferred series A

5%

>> 140

28

27%

44
1%
AA 3*2

159%

9%

27

■■

%

1%

Si
1%

20%

100

No

New

500

of

t per share

No par

Central

N Y C Omnibus Corp
York Dock——_

100

100

26%

23%

6%

6,500

18

1%

AAA 23%

23%

•'

York

New

N Y Chic & St. Louis Co

1,500

Basis

Lowest

New York Air Brake

i.soo

800

*16%

On

Far

1,900

A r8 %

Range Since January

STOCK

EXCHANGE

37,800

>A

6%

6%
■17%

a2

20%'

NEW YORK

Sharet

14%

6%

*16%

'ft

*23.

14

6%

iV

1%

14%

'>

for

the Week

38%

16%

*88

27%

%

1%

-

14%

A

38

64

100

27%

iV

•

*1%

14%

14%

;A

64%

*88

36% "37%

6%

16

64

;:<v

16%

6

15 %

V

66

*88

,

Jan. 1

10%

12%

Sales

Friday

26%

10%

12 Vs

*15%

27

I per thate

1014

■;

RECORD

PRICKS

HIGH SALE

LOW AND

Monday

Dec, 26

Monday,'January 4, 1943

Mar 28

57% Dec

45%

150

Jan

Jan

P
'■

*7%

•

*5%

*21% ,23
*14

14%

*12'ft

13

5%

14

13%
*10

5%

22
13

32

A:

14

14%

*10

12%
23%

23

32

32

32%

33

*11%

18%

*18%

18%

91%

91 %

'

3%
8%

A

,

26'ft

25%

8

106%

2%

*37

89

91

*147

148

'■

148

*146%

148

3%

3% i'. 3%

8%

8%

2%

27

3%

8%

2%

2%

2%

25%

26%

25%

7

7

106%

*2

:

38

e:r;A

26%

7

7

xl05%

16%

9

.

*7

105%

: ? i6%

16%

A17A:>

1 %'

1%

15

15%

(

1%

aa:

1%

23%
59

3%

58'ft

33%

*12%

:*• wi1''

22%

v

*1%*

2

4%

4%

-

40

*24

15

t

1%

a,

'A

22%

18%

*18%

45%

*l'ft

:

2

28%

*1%

29%

4%

A

'

700

29%-

4%

;

"

5%

29%

4%

20,900

5%

39

39

39%

39%

40

20

20

20%

*24%
5%

5%

5

5%

25

24

24%

3674'

36%

36%

67

67

67%

14

14

1374

14

24%

A -75%

75%

*105
*109
.

*105

109%

*8%

*109

8%

*74%

45%

*2%

78%
45%

44%

*3%.

*65'%
:

110

17%

4

3»%

17%

3%

*34%

34'%

34 VB

34%

4%

4%

4%

4%

:AA 4%

58%

57%

57%

56%

400

4%

*56%

1,500

56%

8%

8%

*140
*169

8%
ft 140 A-

174%

*169

4

*57

8%

>4%

A

60

v,

*24%

174%

*65

7:

66%

*7 V's

•

4%

3%
4%
*55

24%

23%

65'A

17%

1%
13%

16

6%

16%

17%
•

6%

17%
4 ';;-

16 Va

18

3%

17%

6 'ft

6%

*6%

6%

*6'ft

24'%

24'%

24'%

17%
x6

6%

24'%
49'%.
*119

49 Va

121

49 'ft

4%

4%

5974

*58

24%

24%

6%

:

23%

1%

6'/a

23%

49%
120%

83

82%

94'ft

94%

94%

487ft
*119

82%

94'ft

For

footnotes

see

page




4

6%

49%

23%

*23

49%

49

121

*119

No par

;J

400

Co

(The)—

Poor Si Co class B

10,500

6 Vb

400

24%

49'ft

•

:

800

7,300
30

5%

conv

Procter

5%

&

.5

2d preferred

11%

10%
72%

74'ft

76'ft

82%

2,360

83%

84

85%

94%

2,120

t6%

95%

No

preferred.

95%

97

900

t7%.

preferred.

520

8 %

107
*115

25%

107%
118

26%

.

..

74%

107

110

110

*115

118

*115
'

26%

26%

11%

110'/a

18,600

118

26%

Pub Serv Corp of N J
t$5 preferred—..

111,100

Pullman Inc

19

i

4%

24

Sep

30% July
11% May

Dec

17

Dec

B0% July
38
May

27% Jan
A 6% Dec

Jan

27%

21

5%

Dec

7%

Apr

5

4%

Deo

7%

Jan

32% Jan 14
40% Jan 14

Dec

35% Jan

35'/.

Dec

47% July

69

Deo

5

Apr

28

Mar

9
1

6

7

Jan

76% Jan

Xl4% Dec

Mar 23

105

Mar

110

Nov

27

80

Oct
Dec

16

14

May 25

4% Sep

29

38% Oct

5

56% Dec 23

68

„

35%

3%

Jun 27
Jun

26
25

153
July 22
1
Jan 24
11% Jun 24

Dec

387/.

Feb

A

2%
A, 27

23%

Dec

4%

15

Jan

21

10% Nov

6

6%

Feb

19

163 A

25

174

Mar

14

175

'

6% Jan "5

,3%
4

v

84

Jan

Dec

15

Jan

166
181

,

Dec

45'ft

A;«

Feb

3

24%

Dec

14

26

6

Dec

July 22

164

Mar

70

2% Sep

28

A May

21

14% Jan

9%

Jan

65

Jan

Jan

75%
.

Jan

15

July

164

Mar

1% July

13%

Dec

17

10

18% Oct

Oct

Feb
Jan

43'ft

.

Oct

51

Feb

10% Jan

7%

•>,

Dec

21

153

Jan

Dec

Oct

.

Jan

8%

Dec

33% Jan

62

Jan

46%

Aug

Feb

5% Jan

105

64

July

7% Jan

Dec

Jan

6%

3% July
52

13 .A Dec

July
Dec

Jun

21

July
Jan

3%

Deo

8%

"4%

Feb

13%

Oct

2

8% Jan

5%

Dec

13'/a

Jan

7

8% Jan

6%

Dec

13%

Jan

6'/a July

111%
20%

x

Aug
•

46%

Sep

7

9%
62
73%
79"%
99

9

77
'

Feb

1%

21

42

.

4% May

31

65

.

Sep

110% Deo

51% May

5

46

May 23

Jan

16

;v<.9v Jan

12%
89 ?a

Dec

107%

Oct

91A July

8% May
72

Dec

3% Dec 29
4 : May 2/
47V2 Apr 28

Dec

29

Dec

Nov

22% Jun

100

23%

17

79

16

5% Jun
,

21

■

30

19% Oct

115

————No par *

Dec

Aug

41

par

No par

18y»

Aug

2%

7

9% Jan

.100

pfd $5

Dec

24

T100

i—100
-

%

i

7% Jan

15% Jun
8
3% May 21

No par
No par

preferred

Pub Ser El & Gas

'

26%

,,

-50

Gamble——

pfd (ser of Feb 1 '29)

25

€4

51% Feb

6 Vb Jun

1

1st preferred

25% Apr

Dec

Jan

29% Jan

58

No par

6 'ft

Dec

20

36%

Apr 28
May 26

' 20

No par

72

11 Vb

5

No par

Postal Teleg Inc preferred
Pressed Steel Car Co Inc

Dec

Jun 26

165

i;

—5

4,500

121

26

30

6

7% Apr 29
165
Feb 19

No par

Pocahontas

71%

11'ft

,

100

8,400

conv

6

Dec

17%

2
«

26% Apr 24
4% July 2

No par

4 Vb

5%

2% Oct

2

;

1

17

% Jan

3

—-.100

187/a
:

■

47% Dec

6% May 12

100

Plymouth Oil Co..
Pond Creek

23% Jan

65
May 6
30
Apr 27
5
1% Feb 25
10043 ' May 2
25
15% Jan
3

preferred

Plttston

25% Nov

2

—a—100
No par

preferred

10%
A

26%

4

6%

82'%

26

18%

6'ft

83

,26%

*18

18%

6%

94%

26%

700

4,600

6%

120%

116

1%

14'ft

6%

49%

108'/2

1%

A> 14

6%
24

11%

107%

600

—

17%

72

*115

130

7%

17%

10 7%

1167%

67%

7%

17'ft

71%

•*1147%

1%
14

3%

1774

11%

109

*64%

vAA

2

20

Apr

4

Pittsburgh Steel Co—.—i—No par
7% preferred class B
100
preferred class A——.100
5%% 1st ser conv pr pfd
100'
Pittsburgh & West Va
—100
Pitts Young & Ash Ry 7% pfd__100

10
840

17% Aug
112% Mar

Jun

2,700

;•

*147%

18%

4

71%

94'ft

.7'ft

58

Dec

103

Pitts Screw & Bolt

24%

108%

4

May 20

8,900

•4%
:

108% Feb 27

May

5

No par
$5 conv preferred—.—.No par

7%

52% July

Dec

19% Jun

Pitts Coke & Iron Corp
.

Apr

11%

18

Pittsburgh Forgings Co.——I—..1
Pitts Ft Way & Chic Ry Co
100

24%

65'ft

13%

18

71%
82 Va

A "4%

AAA 58

25

6%

a

34%

°8

2,100

174%
4 A.

3%

4%

59%

9

*165

3%

7'%

14

8%

*140

174%

65'ft

"l%

11%

108 Va

A

8%
J»>>a!>r

y

*147%

120%

*120

3%

7%

1%

A 3%

*165

3%

66%

14'A

'•A.

8%

174%

*7 Vb

1374

4 %

90

*140

65%

1%

17%
A

2,400

*347%

14%

1374

1,200

8%

A-

—

1%

.

£

7 VB

7 Vb

*147%

1%,

4

-

5974

24%
65'A

7%

*147%

*165

4>-

4%
*57

25

8%

34%

*140

374

*4%

34

21
21

Aug 12

100

—i.

Sep

Sep
3% Aug
3% Jan

Dec

Jan

—.100

———-

89%

Dec

1%

Jan

Dec

Pillsbury Flour Mills
Pittsburgh Coal of Pa

•

2

Apr
1
Apr 27
Jun
3
Apr 24

series—.

73

15

4

^.10

4%%; series
Phillips Jones Corp
7% preferred
Phillips Petroleum.Phoenix Hosiery
Preferred

17%

*3%

4

200

70

*65%

17%

8,500

3%

*2%

70

4a A

45%

Preferred 4%%

.

54'ft

15

22

Philip Morris & Co Ltd

100

109

45%
*2%

18

*108

8%

105%'

*78%

.

■i

70

79

26

Sep

Jan

14% Dec

43% Mar

36

$6 preferred
—No par
Philco Corp.——3

*7% A 8%
78%
78%

3%

*65%
*17%

109%

*7%

7874

45%

76%
A 105%

106

Dec

'4

1

Jan

44

28%
49
: 7%
55%

3,400

14%:

82

15% Mar

-No par

2,000

13%

76%

76%

106

170

Dec

Apr

56% May 1
1% Apr 14

\

Phelphs-Dodge Corp
25
tPhiladelphia Co 6% preferred.—.50

490

20% Jan

%

6%

1

16% July

r

-

Dec

6

Dec

36

Petroleum Corp of America
—5
Pfeiffer Brewing Co—No par

23,400
.

,

^

30%

20

60

18% Jan

5

Co.—.......100
100
preferred..-*..
...
*100

Pet Milk Co—

Oct
Jan

Dec

1% Nov

15

104

—1

5% prior preferred

18

A 2

Dec

29% Oct

1% Jan
2
Jun 30
May 15

50

i

17% Mar

Dec

Dec

14% Apr
1

Jan

16%
115%

■

11

100

6%

2,500

67%

24

Feb

July
Jan

32

100

Co

37%
106

Feb

A 95%

Apr

par

No par
100

'

5,000

37%

66%

No

—No par*

Pere Marquette Ry

600

37

preferred:—

J>

—10

—

2,470

5%

10

8

17

Dec

-Jan

T%

Feb

8

2

44

No par

Coke Corp..

Cement—

Pepsi-Cola

2,200
1,080

19

5 AA

}

JPeoria & Eastern Ry Co.

100

1,200

29 %

5%

Co

par

19%

Dec

17% Oct

13% Jan

:

Pennsylvania RR—;
Peoples Drug Stores Inc..
Peoples OLiiCC (Chic)

20,600

18%
46

19%

24%

:

Penn-Dixie

.A

38%

5

10

—No

•

Penn G1 Sand Corp.

Coal Si

l'/aJan

No par

$7 conv pref ser A

100

-*1% A 2

,>'2A,"A

29%

4%

Ford——;

&

3,100

19

39%
19%

Penick

14% Oct 28

Jan

>10

May

14%

1%

23%

19%
99

2

13

45%

8

19

>13% Aug 3
A
A Mar 20

33%

*18%

Dec

•

Aug

4%

9% Aug
3% Jan

'

123% Oct

100% Apr 23

1

Enterprises

Penn

23%
A

18%
46

11% Apr 24

A~%

2

2% Oct
101 V Nov

38

Apr

24%

1%

23%

46

2

6

:

7%* Jan

2

Penney (J C)

*106%

Jan

Mar

10

9

'163'
>■

28

18

r33'/a

*106%

-

22%

Dec

14

1,200

13

1%

Jan

1,800

1%
13%

Dec

2% Jan

3%

.

Dec

4%

28

Dec

8% Jan
106% Dec

28

20% Apr 28
90

.

Apr

•l'ft

29% Dec

600

34

5%

.A

1

A27

8

Sep

19% Aug
'126
' Jan

Dec

147%

2

58%

*32%

66%
■

6% Dec

?

A95

19% Apr 29

*57%

81

Feb

Oct 14

1

No

58%

*3%

Jan

11

par

—

Parmelee Transportation

*13

m

Inc

Davis & Co—

Patino Mines &

81

40

Parker Rust Proof Co——2.50

1,800

'•

22%

& Tilford

Park Utah Consol Mines

3,300 •

Parke

6,000

3%

Dec

3

101

par

.——100

3,900

80

A 26%

l%Jan
2
11% Apr 23

.—1
No

1%

3%

Jan

12

Nov

2

5

Inc.;

24%

1%

2474

24%

Cos

1%

r80

Jan

28%

Oct 21

5% Jan

5

Transp

6,700 A

15

•

Nov

11%

Dec

9

10

Pipe Line Co_100

24%

13%

5%

*36%

&

1%

33

5%

5%
*5

24%

•

15%

Dec

A19
Oct
9
13% Jan
3
101 "Jah
2
74' Apr 25
1121 A Apr
9
4 > 148% Nov
4. Nov 19
1'ft Mar 6 -

—1

Airways Corp

Petrol

1st preferred—

Park

200

1%

Apr

6%
17'ft

par

No par

24%

3%

2474

,

16%
28

4%

12

34

i% conv preferred100
Paramount Pictures Inc.———
1
6%

8

19

J27

Corp

58%

7

58%
81%

4%

19

.

1%

45%
:

2

39

19%

,

19%

Oil

24

*18'ft

A

29%

4%

k

*16

15%

*106%
v

18%

29%

16

15%

32%

I'

47

A:AA*i%

30

29%

16

15

*13

22% A

18%
*45%

Paraffine

Oct

Nov

22 % Apr

Panhandle Prod & Ref

2,200

300

1%

1%

12%

18%

*45 %

Western

Pan American

10,000

27%

3%

33%

45'ft

>17%,

40

33%

A'-.*-'

;

16

par

Packard Motor Car

'1,000
I

36%
17

i'ft

1%

>106%
A' 22%

vA.v.-t.

Panhandle East'n

'

3%

1%
12%

22%

Pan-Amer

220

120

27%

58%
'

3%.

,

600

16%

1%

so%

'

13%

*106%

82

'

40,200

7%

*116%

15

*vA*.

58%

82 A

1

'

27%

1%

'

17

118%

1%

23%

1%

50,900

101

27%

1%

'

*3%

16%

1%

23 %

.

A- ' 1%
A 33%

16%

118%

1%

82

Pacific

Nov

24% Nov

5

28

100
-6 9* preferred—.———100

Sep

7% Nov
25 %

21

Jan

Pacific Tin Consol'd Corp_

.

7

& Teleg—:

2,700

2

*95

27

15%

-1%.

a

59

82

16%
118%

A '23%;: 24%

A

24

16%

1%

*15%

Pacific Telep

26'ft

.36%

101

10

15% Apr

Mills

4,300

*1%

36%

*95

118%

,

28

:'i;

36%

101

17, A v" AAA* 16* A

::

'1%
27

37%

*97

Pacific

105 %

25%

105%

2

900

-

8

..No

Ltg Corp

2'ft

AA*7"'A'

par

—

17

*16

A A:

28%

2

Pacific

20

8

25

Electric

&

9'ft

2%

7%

No

6% Oct

25% Oct

4%Apr27/*\
16
Apr 28
9 % Apr 27

No

Gas

3%

3%
*9

-

105% 106

2

■:

36%

•.

r

118

,118

28'ft

1%

37
101

*97

120

*16

2%

.

36%

101

*116

A

89

:

Pacific

1,000

18%

148

105%

2%

*100%

*

18%

'

A;

.

18%

89

2%

26%
.:

*7

*105%

.

18%

6% Mar 27

__10

—

———No par

Corp (Cal).

7,000

120

18%
90%

9

Co..

Pacific Finance
•

:

89%

3%

8%
2%

.

2%

2%

A

'3%

A

Coast

1st preferred
2d preferred—

12%

,18%

A *147%' 148

Pacific

310

23%

31%

X22%
31%

91%
148

15%

13

*18

8%

190

23%

A* 90
*147

250

32

*31%

:'A 3%

6%
23%

22%

^

*31%

5%

23%

22%

22%

'

22%

,

22

'

22%

i

10

Feb 17
Feb 16
Jun
3
Mar 30
Mar 31
Mar 30
Mar 30
Mar 19
July 2

5% Jan
21

21%

Dec

52% Oct 21

50

Dec

Oct

16

115

Jun

14% Jan

8

29% Jan
122

86% Jan

11%

Dec

40%
61%
120

29%

Jan

Jan

Sep
July
Jan

14

75%

Dec

110

14
9

92

Dec

123%

Jan

106%

Dec

137

Jan

117 ;
114 •

Dec

158'ft

Feb

Dec

117%

Oct

Dec

>29'ft July

199

% Jan

111

Jan

123

Jan

6

116

Oct

8

f

28% Nov 20

19%

Jan

I per

11

106

*105

share

NEW

for

Sales

Lowest

200

103%

92

92

92

1,400

91

92

91

91

91

91

13%

13%

13

13%

13

13%

13%

13%

13%

13%

2,800

10

10

9%

9%

9%

9%

a9%

9%

500

■10%

4%

4%

4%

58%

57%

58%

S per

Par

Shares

92

Pure

(The)

Oil

29

7

4%

4%

58%

58 Va

58%

*53%

21

3%

3%

3%

8,100

<*53%

54%

200

53%

53%

53%

20%

21

21

21

*20%

21

10%

11%-"

11%

<12

*26%

26% '

26%

26%

700

14'/8

14% -14%,

2,000

10%

10%

11

V;

10

26%,

26%

y

26%

26%

13%

13%

14

13%

14

28

*27

*22%

•

27%

22%

2%

>■

3
70

*65%

*20

21%

*22%

V

2%

19.%

19%

12%

2%

22%

19%

■

6

12%

12%

*13%

12%

12%

12%

*69%

70

*69

44

*41%

Deo

12%

8% Mar 11

10% Oct 26

8%

Apr

12% July

2% Mar

'5
59%
90
3%
54%
22
12

30

2%

Dec

4"%

Jan

Dec 19
Dec 23
Dec 17
Dec
8

47%

Dec

62%

Jan

85

Dec

88

2

Dec

3%

Jan

38% Mar

55%

Oct

14%

Dec

21% July

8%

Dec

18 % July

23

Deo

29%

43

*41%

13%

75

•%

73

5%

5%

85 Va

85%

63

61

61

?

7%

80%

5%

*8%

34%

7%

7%

7%

*8%

9%

*8%

*5%

6

7%

8%

8%

8%

6

6

6

20'A

20%

11%

11 Va
43

43

30

5

*5%

8%

37%

;•

114

*%

16%
1%

•// 1%

62%

53%

54%

9%

9'A

9%

8%

9

5%

5%

5%

9%

-*31%

31%

31J/a

31'A

18%

18%

18%

5%

18%

32%
18%

17%

16%: v
1%

16%

*1%

21%

21%

2%

16%

16%

16%

16%

16%

1%

1%

*1%

1%

*21%

22%

22

22

29 y4

29%,

77%

*76

;

>Z

*14%

16%
9%

10'A

9%

10 Va

,-:r 17%

2,900

18%

19
15

15 %

16%

16%

16%

16%

9% / 10 Va
2%
2%/

</ %v

10

2%

2'/a
15%

15%

19%

19

19%

19

19%

19%

19%

11

11%

15%

15%

15%

16

2%

2%

3,500

16%

100

20%

20%

20 Va

3,600

22%

15%

15%:

2%
2%

■-■;-/■;'?M

15%

10,200
7,100

41%

100

2%

2%

1,900

2%

1,000

2%

2%

2%

34%

22

22

32

23%

■'//::

36

340

23

23

1,300

23%

31

'■■:.

24%

34

34

24

24%

23 Va

23%

23%

.24

34

34

33%

34

*33

33%/:

*33%

34

*56

58

*56y8

58

*56%

58 Va

*56%

58 Va

*56 Va

3

2%

3

2%

2%

2%

2%

2%

35

35%

35%

35%

35%

2%
36%

35%

35% "36%
35%
35'A

36%
35%

4%

35%* '

35%

'

*107%

49

49

%>

700

19,200

1%

100

%

%
1%

1%

4

103

'

1%
9%

9

9%

9%

Va

.

i.

1%

8%

/

4

*100%

4%

45,400
100

103

%

iff

10,400

1%

10,900

9'/a

9%

9%

9%

»..

1%

1%

1%

1%

10%

10%

10%

10%

10

10%

10%

10%

10%

28%

29

28%

29

28%

29

28%

29%

29

29

28 i/s

28%

28%

28%

28%

■

California Edison

%

1,000

91%

:

Standard Gas & El Co

preferred

nrior prefprred

Standard Oil of New

28%

29

28%

47

46%

46%

45'A

46%

46%

46%

46%

46%

22,500

37%

37%

37%

37%

36%

37%

1,500

Standard Oil of Ohio

1,200

Starrett Co

1,400

Sterling Drug Inc

5,400

Stewart-Warner

4,800

Stokely Bros & Co Inc

22%

24

23%

25

25

25

59%

59%

60

60%

62

62

59%

59%

7

6%

71/8

67/a

7

6%

7

4

3%

3%

3%

3%

3%

3%

5%

5%

5%

5%

59%

59%
7

*3%

51/2

5%

5%

5%

V.

7

,

7i/a

3%

v

41/4

5%

5%

"

Studebaker Corp

5%

5%

5%

5%

5%

5%

5%

5%

5%

5%

14,000

49%

49%

49%

48%

48%

48%

48%

481%

48%

600

128%

*127%

3%
12%
1%

3%
13

1%

127

128

1271/4

*127

128%

127

127

3%T

110

6,400

3%

3%

3%

3%

3%

3%

3%

Xl2%

12%

12%

12%

12%

12%
1»A

12%

12%

3,500

li/4

li/4

5,700

1%

1%

1%

1%

1%

*15%

15%

151/a

15%

15%

15%

151/4

151/4

15'A

1,500

*25%

26V4

*251/4

261/4

*25%

26%

*25%

26%

26

261/a

600

4%

4%

4%

4%

*4%

41/2

4%

4%

700

22 i/s

22%

22%

22%

22%

22%

22%

22%

*4%
22%
For

5

22%
footnotes

see




page

15

19

J

4,700-

Corp__

Sun Oil Co

July

8

Apr

Apr

47

Sep

Dec

113

Jun

12%

Jun

23

Sep

8ya

Apr

17%

Sep
Sep

3

Dec

28

31

Dec

39%

par

109% Aug 17

116

Jan

10

109%

Jun

115% Mar

113'A Dec

11

107

Dec

112

106% Jan

9

% Jun

11

-fr Feb

10

ya

26

%
11%

%

Dec

17

Dec

"

Sep

July

Jan

1% Sep
'17'/a Dec

% Dec 18
10% Apr 23
1% Dec 31

July

3% July

1%

Apr

62% Nov

30

49%

Dec

78%

2

4% Jan

Jan

% July
17

6

43% May

par

11 y4 Dec

30

4'A

Dec

10%

3% Mar 24

Jan

Jan

30

60

Jan

6

48%

Dec

71%

Jan

9% Dec

5%

Nov

4% Apr 29
54% Apr

pqr

5

100
par

15

,

}

7%

28

3%

Nov

66

29

4% Mar 6
30% May 21
10Va Apr 24
2'% Jun 30
11% May 6
% Apr 14
20% Aug 26
19% Apr 23
65
Apr 29
108
July 10
15 % July 28
9
Apr 15
13'A May 18
6'% Mar 11
1% Mar 6
14
Apr 17

17

51%

Nov

28

(The)

Apr
Feb

32%

Dec

40

18%

Dec

28

10'/a

Jan

16%

4% Jan

14

Dec

18

1% Dec

1Q

1

Nov

Nov

9

22

Oct

30% Nov

18%

Feb

35%

17

27

2

11%

30% Oct 23
Jan

20% Jan

Jan
Jan

6

Feb

25% July

15% Nov

5

Jan

15

Sep

Feb

4

13%

Feb

18%

Nov

10% Dec

23

7%

Dec

10% July

17

14%
9

122 % Nov 20

144% Jan

27

25
-7.50

14% Apr 29
9% Apr 20
10
Jun
2

21%

Nov

10

12% Jail

5

18 Va Nov

4

12% May 20
23% Jun 2

18% Feb

5

11%

Oct

13

19%

100

34% Jan

100

Mar

2% Sep
29% Sep
27% Jun
Dec

108

39

1%

2% July

Dec

13

Feb

19%

13

Jun

23%

120

Aug

x

16 Va

150

Aug
Deo
Mar

27%

X10

Dec

13 Va

Sep

8

50% Mar 24

Dec
Jan

14%

Aug

Feb

19% Jul.,

Feb

36%

23 Va Mar

37%
2

Jan

No*
Oc,;
Jan

1

May

6

2

Dec

59

July 30

60

Mar

24

Nov

6

17y4

Dec

22

31% Jan

6

27%

Dec

39% July

37

Mar 24

27%

Apr

38 Va July

60

Jan

3

54%

Aug

60

4% Jan
45% Jan

14

Aug 24

3

3% Feb

6

38% Jan

6

Feb

11

114

6'% July
y

July
July

69

Dec

Dec

3

34%

31%

6%

Dec

57%

Jan

Feb

40 Va

Aug

Jan

Dec

117% Aug

47%

Dec

•48%

Deo

3%

Dec

6%

Jan

111

49% Jan

6

113

Jan

8

5

Jan

6

110

Jan

8

3

y2 Oct

27

% Apr 25
5% May 14

2'/a Oct

14

%

Dec

4% Mar

11% Jan

14

8%

Dec

21% Mar

loy4

Dec

40% Apr

109 % Aug
2% Apr 29

89% May 2
A Sep

—No par

No par
No par
—No par
—25

6
18
20

Apr 28

Mar
Apr
30% Apr
25'A Apr
22% Dec
42
Apr
5% Jan

No par

10

14
28
24
28
29

24

25%

34% July

46%

Nov

Deo

47

Dec

24

33

Feb

40

Nov

23

33

Dec

48% Aug
Jan
Jun

34% Jan

16

29

Dec

40

62

31

51

Dec

66

Dec

6

27

3ya May 27
20
Sep 16

22% Mar

17% Mar
25% Mar

8y8 Nov

13
28
20
13

Jan

14

4% Jan

May
Apr
May
Feb

1%

26

9

11%
1
9%
17%

Nov

113% July

31

Dec

2

4

»/a

Jun

13JA Jan

16
2
28
13
28

'

„

29 % Dec

Apr
3% Jan
43
Apr
116% Apr
3% May

1

108

29

3ya Mar

5

1
No par

Oct

112
114

26

49

Jan

Feb

26% Jan

20
30
28
14
28
16
17
16
24
21
9
10

Jan

2%

Dec

17 JA Jun 27

Nov
Dec
Apr
21% Dec
30
Sep

21%

Dec

95

30

100

Dec
Jan

111%

2

113'A Dec

Jan

5

Dec

3

Apr 24

Sep

Aug 27

16

1%
1"%
31
17%

Dec

6%

35

2% Jun

5

59

Dec

4

15% Jan

1

(4%% cum)__—100
Sunshine Mining Co—
—100
Superheater Co (The)—;—No par
Superior Oil Corp—
1
Superior Steel Corp
100
Sutherland Paper Co
—10
Sweets Co of Amer (The)
12 %
Swift & Co—
25
Class A pfd

4

35

106%

x

39

No par

Webster

Stone

49%
*127

&

11,800

Feb

Apr
May

par

Jersey——25
25

L S

(The)

%

Va
6

94%

No par

preferred-

Standard Oil of Indiana

24'A

39% July

Dec

Jun

No par

;

11,800

23%

Jan

79

No par

$4.50 preferred

29

38

48%

23

No par

Standard Oil of Calif

25

Aug

Oct

No par

6,100

37%

14%

98

No par

Brands

Jan

Dec

May 15
25% Apr 16

78

2

—.

16,100

24 %

28

Jan
Nov

Nov

21% Dec 21

12% Apr

1

10%

37%

19% Jan

9

Jan

5%

1% July

23

Jan

21

27

27

3

No par

Inc_
Conv $4.50 preferred

46%
*

Dec

42

3

1

29%

38

9%

22

—No par

-

Spiegel

cum

Apr

8%

Jan

,
1
No par

-

Spicer Mfg Co

$7

Aug

2%

110

No par

Sperry Corp (The)

$6 cum prior

12%

14% May

Sep

Spencer Kellogg & Sons—No par

$4

Jan

Feb

6

Jan

No par

Ry—

preferred

Mobile & Ohio stk tr ctfs

Standard

53 %

7%

10

.No par

Squibb (E R) & Sons
$5 pref series A

-

34%

Dec

100

preferred

200

4

10%

Dec

100

So Porto Rico Sugar

Square D Co
5% conv preferred

*100%

Deo

4

Dec

Greyhound Lines—

Sparks Withington
Spear & Co..
$5.50 preferred

July

49%

44

No par

Snider Packing Corp

2,500

4 Va

101

95

52

Socony Vacuum Oil Co Inc
South Am Gold & Platinum—

35%

%

%

%

1%

x4

*100

4%

4

100

100

Dec

22%

2

x9% Dec

No par
No par

t c

35%

49

75 %

7

23

10

Smith & Cor Type v

1,700

110

15% July

14% July

Smith (A O) Corp

36%

49

7% Sep

Sep

Dec

Dec

———No

preferred-

35%

*113

*113

*112%

*112%

Sep

80%

6%

Jan

Jun

—15

$3 conv preferred A

3

*107%

110

*49%

110

49

/ 36%'/

16,700

58 Va

'

'•

*112%.
*98%

*109

49

*47%

49

*47%

110

*108

110

*108

■/:

/:/

129

Apr

Feb

7%

Sloss Sheffield Steel & Iron

5%

Jan

Apr

60

Jan

104

No par

Southern

36JA

Jan

11

6

.

Southern Pacific Co

15%

97

Dec

97

5

10

25,600

41%

101%

Dec

4%

2

No par

,

Southern Natural Gas Co

36%

Aug

77

29% Apr 30

Coalition Mines--—5

Skelly Oil Co

8%

Jan

lO'ANov

Petroleum—

S'eastern

22%

Dec

No f&r
No par
15

Pen Co

Simonds Saw & Steel

$6

Dec

96

27
15
7

34% Jan

26

Dec

14%

Dec

par

Simmons Co
Simms

Apr

3%

14

No

Shell Union Oil
Silver King

61

Deo

par

(Frank G)
(W A)

Dec

2%

No par

$3.50 conv pref ser A
Sheaffer

34

Apr

Sharpe & Dohme
Shattuck

Jan

9% July

8

Corp„

$5 conv preferred

Southern

15%4 /

2%

Steel

67%

A

1

1,300

41%//

22%

No

Inc

Sharon

Dec

tv

No par

__

15%

15%

2%

Servel

Nov

53 %

9

__

Co

Jan

10%

Dec

22

5

Corp—

Sears Roebuck &

12%

Apr

i7rt Nov

100

preferred

Seaboard Oil Co of Del

Apr

1 % Sep

par

^Seaboard Air Line—

Seagrave

Nov

3

No par

5,100

Zl!

36%-.

2%

36

22%

,

No

$4 preferred

4-2%

16

7%

23
26
9
47% Nov 20

,

5

/

No

11%

21

20%
*11

14%

2%

21%

T

■.

••

15%'

*40%

45

36

23

n%:

■

35%

14%

35%

2%
49

*36

11%

35%

2%

2%

2%
23

20

11%

*40%

43

2%

20%:

20

10

135

*130

135

*130

,.■/ 14%

35%

35%
*40%

2%

'

15

14%

14%
36JA

•

15

?■

41,700

*15%

19%

11%

1,000

10%

16%

11'/a

19%

11

-16%

10

19%

;

135

*129

129

800

*15%

2%

15%

129

.90.
2,800

19%

15

2>/a

19%

190

78

113 // 113

113%

*15%

.

y:'

14%

2%

49

300

30'A

17%

15%

*2%

22%

113%

2%

*22%

*21%

16

*15%

*36

300

17%

113

113

17

2%

3,600

1%

75

16%

43

16'A

1%

30 !A

16%

14%

16%

1%

*21

2%

16%

>.

1%

2%

30

16%

36

2%

77%

14%

*40%

5,500
> 5,900

77%

17%

129

18%

29%

112%

19%

17%

29%

13%

*127%

18 %

-

77

17%

100

31%

77

112%

4,400

31%

29%

14%

1,100

5%

5%

77%

17%

11,100

66

29 Va

112%

510

,

9%

9%
*63

%|

29%

*13%
10

54

53

*77y8

.

*17%

*112

2%

••

2,500

9%

8%

'

32% "

2%

2%

17,800

22%

V

2 Va

2%

V

11 Va

5%

32%

18
1

10%

63

5%

32

V
2% \i

■

/

900

8,300

9%

9%
r63%

5%

1%
62%

53

52

9%

1%

61%

9

8%

%

:y i,6oo

16%

16%

700

11%

10%

8%

:

1%

61%

10%

-

6,400

{&

62

1%

2

64 f

64

5%

16%

May

Apr

9%

Mar 5
Jan 23
Oct 21
Mar 3

Jan
Jan
Nov
Nov
Dec
Nov

Sep
Nov

2

100

preferred

$4.50

32

mm

\

Scott Paper Co

■

61%

53

//; 53

64%

64

64

16%

10%

10%

8%

64

16%

16%
*1%

8% y' 8%
55
*54%
;

ll

700

"lO

9%
6%
21%
13%

5

400

114

54
9

Jan

53

,7
6%

2

Jan

Aug

2%

22% Mar

Jan

par

Savage Arms Corp
Schenley Distillers Corp
5%% preferred

110

3t

60%

10%

9%

A

Y!t

1%

10%

10%

>106

%

%

62%

61

110

110

110

%

>113

A ,.//. %

$ /

16%

16%

1%

62%

*16%

%

tt

%

■

10,000

24

Dec

% Jan

-

i8,aoo

Deo

1

33

100

97

38

114

23

100
No

_

19%

74
Jan 20
8% Jan 5
85% Jan 19
5% Oct 23
27% Jan 27

May 22
May 20
Apr 29
Mar 9
Apr 23

34% May 13

100

preferred—

21 y8

*951%

>113y2

114

5 %

19

100

$St Louis Southwestern

Safeway Stores
5% preferred

27%

100

—

-

38

97%

■

/'

A

yy-

\J

*106

110

*108

%

y

*1131/2

130

preferred

18% July

Dec

19

X 20
31% Nov 9
6% Apr 28
6% Apr 30
3% Jan 6
16
Feb 19
7
May <20

..10

Joseph Lead
Louis-San Francisco—

6%

10

9%

37%

50

3,700

105%

1051/2
20%

37

30

9

20%

38

38

V

3%

*95%

//

3,200

35

20%

20%

JSt

V/ %

*6

9%

9%

St

2,100

Dec

13

Jun
8
100%
Dec 15 V 86%
Jun 22
7%
July 30
129%

Aug

10%
22%

Dec 31
71% Dec 18
49
Nov 14
5% Dec 5

x94%
70
4%
, '
78%
54
V;
6%
75%
3%

_

Dec

6

13% Sep 11

1

Republic Steel Corp
No par
6% conv preferred
100
6% conv prior pfd ser A
100
Revere Copper & Brass
No par
7% preferred
—100
5%% preferred
100
Reynolds Metals Co_
No par
5%% conv preferred
100
Reynolds Spring
1
Reynolds (R J) Tob class B
10
Common
10
Richfield Oil Corp—
No par
Ritter Dental Mfg
No par
Roan Antelope Copper Mines
Ruberoid Co (The)
.No par
Rustless Iron & Steel Corp
1
$2.50 conv preferred;
No par

4,800

17
31
3
2

Mar 9
38'A Jan
6
2% Jun 22

7% May 18

100

Rensselaer & Sara RR Co
Reo Motors v t c_.

Dec
Dec
26% Feb
15% Nov
28% Nov
23% Sep
3% Nov

x55

25

Preferred with warrants

A

34%

106

105

Corp

Mfg Co

Remington-Rand

28%

3%

•/•..

9

35

34%

9%

98

*96

39

*1131/2

110

*108

97V2

38%

*113% 116

20%

21%

96%

38%

*38

9%

-

21

97

97

10

9%

9% <10
21%
21%

yy

*6

70

.<■

Stores

'

hi

%

y

*3

5%
105%

44

*41%

;;44

4

3%

36%

105

105%

105%

106%,

11%

1,300

1/8

5%

3%

8%
37

1,300

11%

28%

35%

4%

*5%

'36%

20%

28%

%

600

11%

•;v'< 32

m

%

%
*3%

400

6

%

%

7%

9%

6

28%

29

%

A

%

*3%

*105

28%

30

29%

30

3,800

20%

11%

*41%

:/§

fe

34%
//

21%

*20%

11%

45

29%

,

vV

20%

*43

78

3,500

24,200

34%

*11%

37%

5%
25 y8

5

5 Va

230

79

79

79 Va

34

45

'#■

5,100

36

12

iV

7%

*34%

*41%

*%

63%

7%

24%

*11%

78

*61%

24%

;r: 7%

60

87

260

7%

.

4,100

5%

*85%

■

23%

7%

20%

21%

21%

200

24

8%

:

■/•■■■

•

170

74

5%

5%

4%'

5%

95'A

*73%

-

63%-

78%

80

14

95%

85%

7

34,800

13%

4%

7%

6

'■

*61%
7

;

72%"

■&:. 85%

7%

6

9

*5%

4,300

23%

36

*34%

7%

7%

90

4'/a

5%

23%

36

42%

4

24%

5

24%

42%

97%

5%

5%
85%:

61%

79%

80'A

79%

5%

24%

400

14

72%

7

5,400

4%

*95'A

75

61

7%

7

7%

*79%

\

5%

86

*34%

96'A

*72%

85%

5%

5%

13%

95%

73

96%

*73

13
69

41

13%

14

95%

14%

95%

14%

*95%

12%
69

4

4:./:

4

Reliance

69%

41

42 Va

'

4%

4 Va

4%

Reliable

.,—100
No par
10
1

1st pfd

& Co

Dele

30
39
Jan 15
70
Dec 15
11
Apr 30 %: 22
Dec 31
6
Dec
7
7% Feb
2
10% Mar 11
16
Dec 15

5
—-100

Hosiery

6
6
25
23
4

Mar
Apr
Apr
Jun
15% Jan 2
7% Jun 8
23% July 1
11% Apr 16
23% May 28
20
May 28
1% Jan 13

No par
1
25
50
50
50

2d preferred

(Robt)

46%
88
2
34%

——

1st preferred

200

14

12%

*67%

69%

68

70

*41%

Reis

Oct

8%

,-.10

Reading Company

800

6%

*6%
*13%

Raybestos Manhattan
Inc
$3 preferred
—

Silk

Aug

v

Rayonier

4%

Dec

Dec

95%

9

-No par
$3.50 conv 1st preferred—No par
$5 preferred B—;
J.
No par
Radio-Keith-Orpheura
1
6% conv preferred
-100

Real

12
107 %

14% Nov

Corp of Amer

4%

Mar

83% Feb

9% Mar 11

Quaker State Oil Ref Corp

Radio

x

$ per share

No par

Preferred

/V/ 200

22

■'

6
14

v

13%

500

70

*22

21%

21%

.

13%

200
"

3

66

70

*66

100

22%

2%

2%

2%

•

8,600

28

*26%

22%

14

*13%

12%

27%

*22%

6

6

.6

6

13%

*26

22%
70

*66

70

19%

6%

13%

14

*

*2%

*65%

■•-

27

27

22%

*2%

*85%
*60%

1,700

<:

•

26 Va

14

100

*85

21

20%

13%

4 y: :

1,300

58%

57%

57%100

78,300

5

53%

*26%

*6

Z

4%

3%

3%

*10%

22%

"

5

57%
*85

10%

*27

•

4%

54%

*53%

54 Va

*20%

3%

3%

3%

3%

*3%

.'•V

100

*85

100

*85

100

*85

v.

Feb

94

23

r
4%

7

11% Dec

92% Dec

17

Highes.

t per share

share

106% Dec

80% Jun

///.l Q
*10

$ per

share

Apr 28

7

100
100

preferred-:
preferred
Purity Bakeries
conv

Year 1941

Lowest

Highest

90% May 13

No par

—

6%

5%

Range for Previous

100-Share Lots

Basis of

On

STOCK

YORK

EXCHANGE

the Week

24,900

11%

11%
*106

108%

106

106%

106

S per

$ per share

11%

11%

11%

10%

11%

106%

Jan. 1

Dec. 31

$ per share

I per share

share

>106

11%

11%

r

S per

share

Dec. 30

Dec. 29

Dec. 28

Dec. 26

Friday

Thursday

Wednesday

Tuesday

Range Since January 1

STOCKS

SALE PRICES

LOW AND niGH
Monday

Saturday

chronicle

the commercial ft financial

Number 4139

Volume

4%

Dec

3% May

8% Jan
6%

Nov

6% Nov 20

4JA

Dec

8% July

7

3%

Dec

8%

6% Nov

50

Apr

66 Va

Jan
Dec

55% Jan

9

Dec

21

117%

Jun

126

July

Dec

9

Jan

21.

128

14

3%

15% Jan

9

12%

D®c

1% Jan

14

1%

Dec

2% July

16 y4 Dec

18

9Va

Dec

18 Va July

26% Dec

31

16%

Nov

23'A

5% Jan

4% Aug
25

Jan

1
26

3

Dec

19% May

"i Jan

Jan

5% Aug
25

AUg

THE

COMMERCIAL & FINANCIAL CHRONICLE

NEW YORK STOCK
LOW

HIGH

Monday

»

Dec. 29

Dec. 2d
X

per share

SALE

t

share

per

*27 V*

27%

27%

23 Va

23%

23%'

4 Va

4'A

,

28 %

23V4

4

4 Va

4

27%

23

23%

Dec. 31
S per share

share

Friday
Jan. I

Sales

STOCKS

for

Shares

I per share

NEW

,

■' •>%>

the Week

%

YORK

Range Since January

STOCK.

EXCHANGE
>

.

36

■

>

7,500

3%

3%

*3V4

8%

8%
41%

41%

*3

*36%'

8'A

7%

*

8

7%

7V4

18%

18%

18%

500

5%

*34%

35 VB

*34 V*

*2%

2%

2 V*

6

50%

52

*50%

55

*4%

4'A

4%

4%

4»/b

:800

34%

*32%

34%

32%

*

3

8 Va

3

>

27

1%

3

.Texas & Pacific Ry

v

15%

15%

10

10 Vb

9%

Third

$3.50

10%

Tide

.28

*39%

40%

39%

'40

6%

6%

6%

6

17'A

17%

17%

18

-

2

/

69

6%

6%
*11

*11

11%

14%

26'A

*4%

Truscon Steel

14%

14%

*25'A

4%

67

,700

*25

$1,50

44%

45

7%
82%

81

*112

113%

9112

*105

105%

Under Elliott

104%

Fisher

79%

80

77%

77

23%

23%

23%

23%

25%

25%

24%

25

92%

91%

92

20'A

20 V8

20

Un Air Lines

1

United

ion" Oil of California—
Jnion" Pacific

19%
*16

16%

16'A

*109%

*109 V2

111

110%

300,.

'

>

t\

'

104,400

17

16%
7%

United

28,300

7%

.

Nov

34 .V;.

Jan

V»

Dec

1V»

Jan

15% Nov

23

7%

12

United

5%

1,500

26

25%

65%

65 Va

5%

5%

5%

5 %

S Va

103%

*102%
16%

16

16%.

16%

»; 3

3

3

5

.i.

5

5»A

86

*34%

36

*35

9 %

63%

175%

29

U S

63 V

Feb

35%

'43%Jan

6

37%

Dec

51V»

28

6 la Dec

21

Dec

5 %

Jan

18% Dec

28

Dec

17%

Jan

12% Mar 17

4

Jan

3

% Mar 14

2% Nov

-4

8 '/a

7

10

11% Jun

12

Oct

2

Nov

6

78% Nov

6

16

6

2

5

16 Va

5

5Va
*38%

7

700

US

39%

5

29

U

4%

4'A

14 V*

14'A
109

*105%
28

par

63% Jan
G 21% Aug

.23% Jun
89

Apr

' .; 7% Apr
9% Mar

3 \ 30
4'J y36%
17
104?4
17
20%
10
17

26%

26

27%

102v

102

:

46

U

63%

63%

475/a

47%

109%

111%

Jan

115%

Nov

Dec

112%

Sep

11%

Dec

16

57 Va

Dec

85%

Jan

%/73-;: < Dec
24%' Dec

85 %

Jan

.

-

28%

1

>1%

1%

Dec 23
Oct 17

,

*

—5

,

Dyewood Corp—

11-

,

Oct

>

16

v

1

'

4% Apr 15

-

Dec 31

18

July 28

Electric

Coal

Cos—t-

6V4 Sep

13%

1

8% Dec 16
3% Nov
6
50
Jan 10

10 %.
1% Apr 28
100>
33 Va Aug 21
5
3% Mar 11

*13%
•:'«

.14

60%

*151

Alcohol—.

-No par
No par

Co

28

.

2 Vb Apr

28

1

2

V

Jan

cl A

——No
—

>22

—

No

Realty & Impt

Rubber: Co——

.

——-10

20

13

>
;

1st preferred-,
-.100.,
S*Smelting Ref &'Mih—i—50;

—.100
Co--——---.No par;

,—*—25"

,2% Jun

•

1%

16

8%

preferred

-x~—

Universal Pictures

*

par

■

100

1st pfd——100

Sep

v;

-

Nov

5% July

s Dec

42

-Jan

60

Mav

79

Dec

Dec

10%

100 %

Dec

8 V«

Apr

2 V2. Dec

.4%

2%
83

[L

Dec

7%
37%
170
*
47/a
33

Jan

Nov

Sep..

4

July

Dec

93%

Feb

'

9%

Jan 26
Dec 18
Dec 29
Jan 14
Sep 21

Jan

14%

117

19

July

13

July

Dec

Dec

Oct

69'/a

Jan

183

Apr

Feb

Jan

9% Jun %

Feb

43

Jun

;

$ 33% Aug
%

Jun

23

10

Dec

31
Aug
7
Dec 26

5%

.

>

V *;

Mar 11

14
Jan 19
Jan
3

Jan

Jan

4% Aug

Feb

20% Dec
25% Dec
18% Apr

.

10%

13 Va
-

>58

31% Aug
34'/a Feb
26

*
Sep
2% July

69
47
'

13

.

Sep

19%

Sep

65 Va

Apr

•;

76'/a

Jan

V'

Dec

42

103%

70%

Jan

;</

130

Dec

x

Jan

":V^
>

%

Dec

W .7,

Dec

42 %

Oct 29
Oct 15
Dec, 10

Dec

12

Nov 21
Oct 20
Dec 11
Dec 29

Jan

1%

Jan

V

Sep

-/

16%

May

Jan

Nov

437/a
140

:

133

64

May

157

Jan

162

Oct

Jant

32

Vadsco

34

15%
8%

8%

*25%

25 Va

8%

25%

*115%

*115'A

*40%

53

:

41%
53

57

*53%

57

*24'/a

25

*24%

247/8

1%

2

2

117

*115»A
*20%

*116%

77%
*126
*

7 Va

*19%

*23%

29%
.

7%

37 Va.
117

37%

38.

117

*116%

20%

25 %■■

25%-,

29%

29 V*

29 %

78

78

78

*129

133

.

133

22%

24

'

7 Va

19%

23

.

6%

23%

103%
For footnotes

7%

20'A

20%

*100%
see

103 Vb

page

19




*100%

105

39%,

2,200

i

38%
117

.

117%

50

21'

21

150

25%

26%

27

1,000

29%
78 Va'
133

6%

23%

»

7

i

;

19

19

^

24

*29

29%

78%
*130

-

78%

500

430

)

5%

2,100

19%

19 %

1,500

23 %

6%

V

Sep,'

.il'vV';-.

2,600

Wabash

7%

7%

7%

1,000

Waldorf

20%

20%

1,200

Walgreen Oo

105

*100%

104%

4%%

RR

y.

: 21'A July 2
6% Mar 25
16
Apr 23
97% Jun 19

-No par

——

preferred with warr

No par

_100

31

50

(

,

,

Jan
Nov
25'/a Jan
2% Oct
40v4Oct
117% Dec
21% Nov
3)3AJan
29% Oct
55
60

19
18
19
7
21
31
10
20

13
96% Mar 5

138
Jan
9
lO'A Mar 25

Aug
Dec

15%

34%

Dec

15

Mar

20% Aug
;

Dec

8'/a

128

July

Jan

Dec

116

Aug

Jun

45

July

Mar

57

Mar

Aug

111 Va
39 Va

.

16% May 22

_100

:

preferred-

System—i

May

No par

4

Vultee Aircraft Inc

20%

Jan

;%

% Sep 23

.

6% May 22

5,

—

preferred—*;

Jun
Jun
Mar

2

20 » 34% Dec,21
25
20% Jan
3
24
11% Mar 2
9
-26
Dec 31
12
116% July 15
1
42
Dec 30

1

100

div'.partic preferred—

$1.25

30

Jan

—100

;

1—

.-100
Va El & Pow $6 pref—
No par
Va Iron Coal & Coke 5% pfd—100
Virginian Ry Co
25
6%. preferred
—-_25
Vulcan Detinning Co—
:
100

•

r

22
14%
7%
19
112%

July 30
55
Sep 12
18% May 26
■
1
Jan
2
" ' 22Va Jan
8
110% May 4
14
,Jan
3
24
Apr 29
26
May 22
> 70
Jun 24
120
Mar 11

—100

preferred

20 %

*1007B

5

*

—

Victor Chemical Works—*

Preferred

6%

Va

Co_*

Va-Carolina. Chem—————No par

133

67/a

23

100,

.preferred

7 VB

IV*

20%

3,800

22%

78%

23%

7'A

*20 V*

—

800

2Va

25%

*130

19%

7%
,

:•

*20

57

24%

*29 V*

,

6%

18%

38%

:

*53%
2

2

1st

Vlcks.Shreve & Pac.Ry.

*24 Va

<

24%

l'/a

20 V*

18%

7%

*95

117

6%

20%

20%

.

57

24

2

21

*129

133

7%

37

Vick Chemical

53

'

*53%

24%

1%

26%

*72

77%

20%

57

24%

29%

27

*28%

*45

25%

*20

20%

*26 Va

42

53

*53%

2

36 Va

38

*37

2.50.-1.

200

T/c.

41

i

No par

Van Raalte .Co Inc————5

—

41

*45

*53%

*-rl00

a

700

*115%

—

*41

% Jan

*No par.

*r
—

Vanadium Corp of Ain—;
Van Norman Mach Tool—a

2,500

25 Va

*45

41%

*45

7,300

Sales

Preferred,

V

15%

66

Aug

'

57
66

Mar

20

27'A

Sep

Dec

2%

Jan

'

%'
,

18% Dec
114

Dec

28% July
118% July

11

;

Dec

23%

Sep

30'/a

Dec

42

Jar

29

Dec

33%

Feb

89

Feb

105

Nov

135

Mar

143

Jun

.

25

:

30%
7%
20%
102 /a

Apr

1

Jan 26
Nov 23
Nov 18
Oct 30

:

6,4 Dec
15/« Dec
96 /a Jun

'

1%
.62

15

fs

4

No?

i

*32%

,

Jan

•

33%

50%

Dec
Mar

-L> \-y

, %, May 25
1%
;
1
34% May 20
60%
12
July 15
15%
' 41 > May 6 > 61
142 / Apr 24 >152%
147
Apr 30
169

■

-

Dec

105'%

>

28%

Dec
Dec

Oct

'

Dec

;

43%

>

Sep

105

% Dec

24
Jan
5
46% Jan 14
V

Apr

54%

-v

103% Dec -30

'

>>,% Apr 15

conv'preferred—*—__No par
No

.

Sep

3%
51

V 30

27 V* Gee 28

6
17

.

•

Sep

6%

Dec

20%a May
3% Apr

.

'. 114
7 > 29%
1
30%
27
32%
21
1

„

V"

Dec

J

34'AJan 27
20
Apr
4% July 30 ??J. 2 Va Dec

20

Mar 10

54

41

i 14% July
113% Feb

14% Oct

15 Va Apr 29
'.
Z 39% Mar 27 5

—-1 *
—,5

% May

.

51%
58
Apr 28 '
71
44'A May 20 ;
55%
107% Jun 30 >119%

r_-No par'

preferred—r-*

Apr

37% Apr

1—50
-

May

% Aug

8 %

Steel Corp

'

26% May

par

Universal Leaf Tob-

,200

24 V2 Apr

,

30

99

conv

Universal-Cyclops Steel Corp——.1,

10

-

34'/4 Jan

—*—50

preferred-;.

300

170

*164

159

5

300

60
—

;

^—100

Mach' Corp —;

conv

6% May 14
IJ.%
40% May 13
64
May
1 /174%
4V2 Apr 27 ;
6%

No par

-*—20

i_

_I
100
preferred
——20
Pipe
Foundry
Playing Card Co____
Plywood Corp—:

$6

Jan

Sep

No par

United Stores class A

58

Jan

17 Va

9% May'

Jan

;

United Stovkyards Corp

%
*56%

July

44%

30%

113

'

1

.37 " May

par

Jan

7 %

Dec

5

Jan

U S Tobacco

47%

31

l'/a

Preferred

20%

Sep

2l'/a

Co——'._No

Preferred

110

20%

*44

Sep

52

104% Mar 24

7

S

Jan

106 V2

x

6

-

Sep

12%
79%

Dec

par

var

U S

102%

102%

46

37%

Dec

Dec

Hoffman

S

Deo
Feb

<V Dec

Leather

U S

Jan

15

Industrial

%

9%

V 35

S

U 8

Sep

Dec

.58% Dec 14

S

S

Dec '-v.

1% July
21%

Fast Corp-'—v-No par16% Jan 27
20
Feb 26
Corporation——No par
#'2 Jan. 2 JTV' ^ Oct 15

Carbon

Prior

32%

iV

.

/

24

Dec

preferred--—

%'%

\;

7

Feb 24
Jan
6
Jan

'7

60

7Va Sep 21
58
Apr 28
108
May 6
100% Mar 24
10
May
1

$

Sep

Feb

27 V*

46
Dec 23
9% Jan
5
83
Dec 24
113Va Nov 12
108
Jan
6
7. 16% Dec 31
2 77V 85% Nov
5
2

Jan

11% Aug V
9% Sep

:

Dec

10

•

Jan

7%

<■

Dec

Partic &

30'A

32
•

U

28%

*29

%

May
May

%

;V ■.'■

4%

287a Jan

•'

Feb.

■9% Jan

31

26% Nov

2
75

,

Dec

47;

Sep
Jan-

10% Aug

%■ Dec
60

7Va Aug 13

Feb

...

6% Mar

7

Nov

71

30

9% Mar

8%

Freight CoGypsum Co

U S

175%

39 Va

*33

;

62%
*173

5 Va

5%

.

9%

9'/8

63
*173

Dec

Aug

27%

.

87

Dec

95 %

5

•

*86

117/b

997/a

5
18

25% Jun
1 V 35
Feb
5
48% Jun
3
.72% Jan
3
52,900 :United Gas Improv't—
-No par
3% Jun
1
5% Dec 31
%
$5 preferred
——a-——No par>>; 93% Mar 27
106%. Jan 17
United Mer & Mann, Inc v t
—;1
■* 11% Apr
28
16% Oct 21
900 ;
United Paperboard————. ——10. 2% Sep 10
4% Feb 27
U S & Foreign Secur
.——No par
% 2% Apr 17
"
5% Dec 21
$6 1st preferred—.-—-!.
No par
77% Apr
9
87
Feb 25
S Distrib Corp conv pfd
—100
17
Jan
7
43Va Oct 26

102

Jan S'

' Dec

United Eng & Fdy——
..—5':
4,200 iU United Fruit Co
•—.I.-——No par

<1

*102%

United

18

10% Feb
97

1.500

65 %

Dec

Jan

V108%

Preferred,—

26

7

6

34 Va Jan

21% Jan

————100

/'/United Drug Inc

> 36 Va

39

2

7Va Jan

5.
No

-1

$3, preferred—

2%

234

2%
*36'A

Jun

24%

20

United-Carr

•

'

:

3%

7

IV2 Nov

Jun

11/

\

: :

Aug {$.■

14

5% Jun

Corp——^——..5
preferred-^——^100

preferred-

United

18'A
'

■A

40

8% Jan

25

Co

Jan

14

56 % Jun

RR CO————100

Biscuit

Dec

30

3% Sep

May 20

r

par

Transport——

Sep
60% Sep
> 5% July

7% May 15

Aircraft
conv

5%

56 Va

57 Va

57%

*17%

5%

3%

27

>
"

4%

9% Dec

Mar 28

5

Union Tank "Car—Jl—»_I_.No par

United

Sep

May

-v;.-.f;-.;-.4%-.Tpreferred-i—aiv—i^l.00':-.77.-;7.4% J.unV:17:;|V-;81J/ji Feb

'

*92

pfd

$4.50 series—No

78

,

15%

Jan

38

31% May 21

No par

of Mo $5

'referred

79

79

*77%

8

No par

Union El Co

105

15

10 Va

V 44%

Dec

85

No par
No

Dec

2

-1

Co_—

July

MarlO

22

r_2

Bag & Paper

14

32-% Jun

11

>:

6% Aug

27'/a Jan.

8 V4 Jan

„10

Union Carbide & Carb—

15%

15%

5

Sep,.";

% 7% July

3

1% Jan

Union

11

7

20

Jun

34% Feb

19% Jan

11,600

8

"

Dec

9V4 Jan

38%

5 'A Mar

2

preferred—No par

-2,600

7%

7%

5%

Sep

Mar 27

l

82'A

Dec

23

2»/a July 14
17% July

Axle——10

Coach. Co——

Dec

May

; 52'/8 Dec 30
4% Jan/ 5

2

5 % Jun ;;

V

City Rapid Trail—No par
7. % preferred—100

Twin

9%
4 Va

Feb

3

15

Jan

30%

'»

Jan

46%

3%

42

Nov

3%

Dec

4

,

.,

5%

n' 38% Aug

Feb

28

"

7

3 % Apr

Twin

6

44 Va

Jan

30

Co—j—T'
—.
10
Film Corp—No path

20th, Cen Fox

20.0

67%

6

7

V

*

'

24% Oct

2 v
30

41

Tri-Continental Corp_—•
:
1
'i • $6. preferred—No par
Truax.-Traer. Corp—-No par

>::

Sep

4% July

4

Dec

2

8V4 Dec

11

West Air Inc— -j—5

&

;

Dec

8% Gee

Sep

Transue & Williams St'l—No par

2

69

5.

6

34%

37Va Oct. 28

34% Nov

preferred—No par

Transamerica Corp__"—

Transcont'j

Dec

Dec

1%

10

28

V.2% May 20

par

Oil——

28'

27

16

May 26

4 Va Apr

V. 7% Jan

Timken Roller Bearing./.——No par
600

share

24 Va

>3% May

30

3% No v

Apr

V

25

—Nr

9% Jan

15

Corp.-No par

Associated

conv

Timken- Detroit

11%

*11

Water

t$4.50
27%

"3%

28

42 V* Dec

28 >

Apr

w5

'

a——10

preferred

cum

16 Va Dec

i

20

Oct

14

Apr

28

10

Nov

4

2

Thompson Prods Inc..*—;——No par
Thompson-Starrett- Co.A.——No par

95

27%

7 Va May

Cor/—:

Transit

35

v

7

30

Co—-l J:

Avenue

■

11;' V5% Nov 24
20

par

Thompson (J. R)

1,600

15%

27%

Apr
Apr

1 Vb Mar

par

—_

$3 dlv conv preferred

1 %

1

15%
*94%

(•

•

4

-—-j-100

.500

8%
27%

1%

■> Thermoid

3

32

5

——5

;

Preferred

;800

8%
26%

9

27

3% Aug

50

Texas Pacific Land-Trust--™—_1

>100

*2%

Corp-i-i

Texas Pacific Coal & Oil

150

*32%

5

$ per

17

5% Jan

t per share

23

25%. Dep

17

9

Produc'g Co——No
Texas'Gulf Sulphur—No

.

$ per share

29% Nov

:.

---100 X
>>Thatcher Mfg Co—r_—_—_No par >■
-i:'- -$3.60
cony,preferred——No par.
600
The Fair_a.__——
No par

5'Va

C'A
2%

2%
*50

,500

Range for Previous
T
Year 1941 •
Lowest
•»
Highest

..

(James)-i

Texas Gulf,

6,500

1
Lots

Highest

19% Mar 11

Texas.Co (The)-—25

36

8%

7Va

35%

6 %

*34%-

Tennessee

.

8%
-

19

*18%

,9Q0

3

37

36%

36%

8'A

7'A

,600

Va

41

3%

Inc

100-Shiire

.15% Aug

—

5% %.-partic"preferred—;
"-'Telautograph Corp——
;

.*

8%

8%
42

3

3'A

440

3%

3%

*8%

41%

35

V

of

$ per share

Far

Swift International Ltd—

Sylvania Elec Prod's Inc.—No par
Symington-Gould Corp.
_1

'600-—-Ta'lcott

5%

5%
36

*35

—'

*'"■>

Basis
Lowest

4,200

1

T
5%

5%'

5%
*35

On

.V'.

■

2,000

28*%
'24

4

4»/8

'

Thursday

Dec. 30

S per

share

per

'27%

27%

23%

1

RECORD

•■>'•

PRICES

Wednesday

Tuesday

Dec. 28

Saturday
t

AND

Monday, January 4, 1943

97/s

Apr

22 V4

Jan

105%

Jan

"

Volume

""THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

157

%

Monday

S

1 per share

4%

Dec. 29

•v

Dec. 26

39%

is y4

14%

39

15%

4%

%

Vo
28-%

28%

8%

%

27%

8%

4%

8

7%

80

*80 Vs

-7%.

•

•■Walworth
Walk

1,700

_w

•»'>

v;

600

V

—

No par

8

,n'

'

!

'

900

—

$7

Warner

25,100

MM.

—50

preferred—

27%

•

27

*25%

y
"

14%

15%

14%

12 y8

12 y8

12%

12%

12%

12%

17%

17

17 y4.

16%

16%

2%

2%

<

3

*2%

17%

17 Va

Bros

8%

•56 y4

100

17'%. .17%

3,200

-

.'70

69 >•.

>

69

;

' V

:

'

T

8%
49%

49 Vh

50'/4

65%

65%..

66

66%>

55%

56 %

55%

56

2,900

108%

108 »/4

11%

11%

11%

"

-

*100%

103

103

108%

;y

109

v

*100%

-•

56v 'y T

.

•108%'- 108%.

-

■

19%

18%

18%

19%'

18%

''

2% >'

5%

5%

1

2*

1

"

2%

2%

2 Va

5%

2

19%

y

''..A

103

5% /

5

5 '/a

1

1

2ya

2%

5%

5%

1 %.y.

27

27%

%'
21"

15%

15%

15 V8

/

277/a

26%
14%

%

15%

2y8/

'

12,600

'15%

y-'

•

27%

sy
*.

y

n.r''

\

,

5," 700'

—

V

'•

v

17,700

79%

81%

79%

80%

81

117%

117%

117%

*117

30%

117%

26%

107%

,

87

*59

13%

-20 %

*18%

17.%

.17%

»7%

,

2%
7%

2-

v

7%

■2y8'

■

7%

.7%

4%

y---4%

4%

.

•.

y

4 y2

2%

-

...

" ■

' /

.

■

'

•

/

*4,500-

14

17% July
20 %

Jan

4%

Jan

1-100

—

4%

4!/a

':

*108

•106

120

120

t

*106 '...■•;• 120

•'*'

.

*106

t

..

*106;;

120 -y.

•*'

700
-

/fc/y

^120

.17%

17%'

16%

17%

y 29%

29%"

;

' 29%

'29%

177%

A' "17%

17%

17%,.

29%

'.29%
>17%'V>

17%
*119

131

:*112

119

44

*44%

'46"

*83

86

47

44%

..'

*84*/

*58 y4

59

*22

22%

' /"

.

.

...

•

«

-

—_i—->_5

Willys-Overland ; Motors—2.
1
6% conv preferred
10
fWilson &. Co Inc
.No par.,
$6 preferred
No par
Wisconsin El Pow 6% pfd_._4.__100
.

58%

213/4

213/4 y >

10%

18

Nov

28

10%

Dec

1%

Dec

3

6

Woodward Iron Co

7v.

46

.:;:vrv

'.r/y

--in-

A /-

46r.

-_i-

82.

-85

;

'.rv.; yy

46

>-;ryy

.82

58'."";:'

213/4

22

57

.

yy

.

12%

■A

>12%

12%

7%

31%

*

7%

:7%

31%

81

.

'

80%

803/4 '

7%

31%

>

y

30%

*80%

803/4-

8%

8%

8 3/4

•8%

8%

8%

19%

19%

19%

19%

19%

19%

19%

n%

2%

1%

•Bid and asked prices;
reduced

from

100

to

2

2

8

,.

%

2

/

1

81

19%

22

106%

Jail

Jan

8

99%

Dec

115

Jan

Jan

8

89

Nov

107%

Jan

9

112

Mar

117%

Jan

Feb

6

15

Dec

104% Jan

2

104%

18

t In receivership.

*

Transaeiions at tlie New York Stock

,Week Ended Jan. 1,1943
"'

,

and Miscel.
Bonds

'
370,695. , $2,020,600
■:% 1,201,94%^. 8,619,100
1,440,670
10,670,300
1,121,924
11,281,100
1,051,015
8,215,000

—,

;

it

10% Apr

Deo

297/a July

1%

Dec

4% July

28

4%

Dec

9

Sep

23

93

Feb

30

Oct

13

18%

Feb

31%

19% Feb

5

15

Deo

24% July

5

—

_;

6,500

Youngstown Steel Door—,_No par

7

3,800

83

Dec

23

71

Oct

105

Jan

Jan

28

118

Dec

141

Mar

28

27%

X

8
24

105

$293,200'

.

-

:

Zenith Rhdio Corp.....
—No par
Zonite Products Corp..—.
r—1

Apr

,

15,000
11,000

' 353,000

Special sales:

s

x

18

60

Aug

65

July

Jan

22

85

Dec

100

Jan

27% Feb

4

21%

Apr

303/4 July

69% Jan

29

58%

Dec

76

15 Va Dec

21

10%

Jan

15% July

17%

50

Apr

93

$3,305,800
9,136,100

.

11,588,300
11,929,100
8,581,000

13,000

,

$2,693,200T

•;5,185,826 .,$40,806,100

10%

Dec

14

2%

Dec

8% July

27

2%

Dec

5%

Jan

Jan

12

41

Feb

54%

Jun

22% Jan

13

18%

Dec

26% July

2% Dec

3

1%

Dec

2% May

2% Oct

16

1% Apr

2%

Jan

8% Dec

31

3%

Apr

6%

Dec

6% Jan

20

4%

Dec

7

73% Jan

13

60%

Dec

77

Sep

110 % Oct

5

109%

Oct

115

Nov

53

Jan

7

19%

Dec

33%

Jan

31

Dec

31

23%

Dec

34%

Jan

21% Jan

28

16

Dec

253/4 July

July 28
Mar
3

98

Mar

125

117

Jan

54

85

ia,

.

Dec

753/4 Aug

26

50%

Dec

Jan

15

86

Apr

122

July

62

Jan

5

50%

Dec

80

Jan

23% Oct

13

22%

Jan:

17%

Jan

15

Dec

14% Nov

9

10%

Dec

121% Dec

10

109%

Dec

7% Nov

9

5%

Deo

12%

37% Jan

13

29

Dec

42%

Jan'

Oct

20

76

Dec

95

Aug

12% Jan

5

Dec

18%

Jan

3'

87

9%

Jan

120

Jan)

Dec

17

8

Deo

15%

Apr

2% Jan

26

1%

Apr

3%

Oct

20

19

'H Called for redemption,

y Ex-rights.

t Unit of trading

StOCk$

^

Saturday—I

'Monday

- -

321,990
378,395
283,479
264,605

—
——

" "

—;

Thursday—

-

-

Total

L

—

797,000
1,017,000
732,000
736,000

11,000
12,000

7:

:

$21,000

r';
J..-.—

125,685,298

$19,709,000

40,806,100

44,719,000

2,181,064,209

1,929.001,000

—

$43,540,300

"'$48,492,000

22,315,690

34,656,354

170,607,671

'$6,533,850
'123,881,200

1942

1943

1,046,433

-1,334,439

.....

17

—

$3,573,000

Jan. 1 to Jan. 1

,,1942

1943

-1942

753,000
749,000

$30,000

3,000
10,000
1,000
HOLIDAY

$3,522,000

1,334,439

$6,000
1,000

$2,000
5,000

$240,000

Total
$242,000
808,000
1,021,003

Corporate

Government

Domestic

85,970

—

Wednesday™
»

,

Bonds (Par Value)
Foreign
Foreign

-

of
Shares)

—-w—.

i

Tuesday

,

*

,

—

'

(Number

—

-

Jan. 1 to Jan. 1

1943

"3,321,000"

8,979,495

$41,000

""'$452,000'

•

industrial.—

&

Aug
July

73% Aug

57% Jan

1% May 21

Week Ended Jan. 1,1943

$44,540,300

$41,000

■:* vy

-

Railroad

447
1^0

Jan

473/4

*

26

104

.Friday

1942

5,185,826

Government—
'

Sep

24

.May 14:

shares

l-

Jan

5

5% Nov

12

Jan

78

'

>.

/Stocks—No.1 of shares.—
Bonds

S.

Jan

3% Jan

15% Jan

2;:

28%' Jun

EX-dividends.

1

Foreign

Aug

Daily, Weekly and Yearly

Total

Holiday-'

1943

U.

112

Vr-j Transactions at the New York Curb Exchange

Bond
Sales

V $2,000

502,000 %■;
907,000 t
648,000

,

-Week Ended-J an. 1

-

Jan

36% July

27% Apr

31 % Jan

Week Ended Jan. 1

Stocks—No. of

34 %

Jun

108% Oct

28

8% Feb

3,200 1

;

.Government
Bonds .

j...

—

Total——.

-

Nov

32 % Dec

3;
'Apr 23

"220

rCash sale,

July

1 % May

127

111% Jan

'.100

—

J■

Foreign
Bonds

,

—

1—

153/aJan

i

Exchange

Railroad

Number of
Shares

,

j...

Tuesday
Wednesday.
Thursday
Friday

25

cl B__

I

United States

Stocks,

•;

—

15%

27

2

21%.Majl

11,400

Daily, Weekly and Yearly ^

:

Monday

30

8% Jan

J '

{

>•'.

Oct

107

Apr

Dec

,

|
.

207/a July

shares.

10

Saturday

Preferred

20

2,600

Deferred -delivery.^ n New Stock,

a

88

3% Jan

20

Apr 28

|

'. 'A

>;

2

Dec

6

Jan

113% Jan

Sep 21«.
Sep 16:
May 9t
Apr 28-:
May 20 >
May 18
Feb 18:
May 27

Young Spring & Wire—.—.—No par
Youngstown S & T—.——No par
t5%%; preferred series A
100

V

-

Jan

91

93

__I

Co....

Yellow Truck & Coach

17,100

v

19%

-

2"

-

.1'

7/2

9'/4

74%

,•'/;.///,

Yale & Towne Mfg.

1,800

;

•

1 81%

•

":"8%

- »

I

:

._

"3oya>y.

30%

-

19%

2

2

sales oh this day."

no

"

.30%-

80 3/4

83/4

-'

-.12%
*118V4"120% "

30%

803/4

I

-23-%

-7%.--—"'"7%

73%

-

223/4
'12 %

120

120
;

7%

'V:>

12%

12%

30%

7%

30%'

81

121

*120

y .121

*120

121

*120

12%

12 %

12%

5

12

65% Mar

...

"

57%

25% July

10 % Nov

Sep 23
107 % Jun
1-

10

16% Mar

104

25

10 '

/i

iWoolworth (F W).Co.il—,2.

6

X71% NOV

Apr 27
Apr 27
May 1

Apr

51

July 22

20% Jan

May 18

•

y'/yy/yr

128

,:

*44

•.

45

85

v

Sep

23

163/a. Dec 29
6
14% Jun 22
2,900
1% preferred A—...100.
H7 t- Nov 13
r :v-A". 6% preferred
100.4 106 j Nov 13.' 300
Prior pfd 4%% series^
100 421/4, Jun 17
Prior pfd 4%% Conv series—100
200
*
44
Jun
9
.4:30
Wright Aeronautical
No par
80
Jun 23
1,200 >4 Wrlgley; jWm) Jjr (Del)——No par39 -Apr 24
2,200

14,400

24

• ■

-

?119

-*109

46

;

'"*44%

:

22

21%

*119

119

v

31

•

Worthington P & M (Del)No par

128 7'

*44%

:

30%

'1.7 %>". i

*109

.

58%

58%

.

85

58

i

yf

yy.i7%

>

30 %■;/'. ;r:

29%

"1T.%

45%

86

*44%

-•

.

y-

44 '/a

:

-

44

119

*82 «"

46

130

•1Q9 •
>44%

120

*44 %

17%-: 17%
.

■

*119

,*119 ' ;

*119

:

131

*109

y.-i7%

.

,

38

23Jan

Oct

-

*17%

Feb
Dec

14

Jun 25
3 r Mar 6
1% Apr 29,
40
May 615VaApr 23;
1% Apr 157
1% Aug 12 ;
4% Apr 29 ■
3% Sep 14

—i"

—...

9;900-

4%

.

Dec

3

Jan

12

No par';
20

Wilcox Oil & Gas Co
f

5,000

*57%/ 58%

-/. ;

57 A-

57

•

1

preferred—
preferred

Prior

v.;

300

6,700

"

57

;White Sewing Mach Corp

•.

-

No par.

Spr Co.

77

Jan

Dec

22 / Mar 11
100% Jun
6
42% Dec 28
80
July 917% Dec
9
58% Dec 31;
12 % July 21

.1

Rock Min

$4 copy

8%-

y

White

1,600
•

prior prcf—

/ White Motor Co

4,700

—

No par
No par
Dental Mfg (The S S)
20

$5 conv

7

Sep
Dec

6%

Feb

2%

25

63% Apr 24
Aug 5

Wheeling Steel Corp..

330

26%

2

109
23

.12.50,

"

30

White

1

i

Elec Instrument,

.

1%

Apr

19

7% Aug 28

i- Westvaco Chlor Prod———No parJ:
$4.50 preferred
.—-No par
Wheeling. & L Erie Ry Co...—100
5%% conv preferred.
-100."

6,300
I

2%^:77'/,).r

.,

30'

v

5.2%'-"-v

•

,'.

8,

4 %

i

.

2.%
t

'* ' ' -

*2"VSs—''-*'.2

2%

8

.

.

T 4.V

> U-

tx

*35 y.':49-%-.i.:, y yi
'19% y 19%
•

/

20%

27a

.

4%

4%:

.

; :• 56%

37%

57%

57

57

.

■

*•'{«>

;

•

'

•—i

Weston

t

"*-30
-

13%

'

■2 '/a

'''

'-S '

r

^ 3%"' ..'.'3%

>

.. ,

.-•49%

*2%

2
8

,.

*18%

2%

/

*15%1'16

2%:,;

2%
.*35

*

preferred—

1st

7 *

;1,100

'

:

58%

13

7 3%.

3%

160-

<•

l.1,•

v.- '•yv\

.18 >t

.

58 %

13%

13

20%

2%
2

.

*14% : 1/5 A..

'.

—

800

108 -'"

j

.17%

59

2'/4

*18%

;

2%

25%. #25%
J 08

'

X";

.

59

49%

*35',-

20 ya

;•/ 2%

87

,.

^

>32 y. •

Dec

13%

8

34

■

50
/—50

Westinghouse El & Mfg.

5,500

i

117%

-

■ :A1
;yy: y *40
y
83% -83%

47

*82%

3 %'

2%

2%.

*18%

:
;

*2% "i 2%

*40

13%

3%

-y';:.

108%

*108 !-

*
,

15%'

13
>.

49% ;

//'. *35 '

49%

-•

59

3%

'■

18

*14%

«

-I

•

59

13%

3%

2% y1 ;2%

2%
*35

16

13

y

i

4

17%

59%

*15

47

83%

83%

32

■.

26

'•

26

82

,

117'%

32

31%

,

.

108'%

*40

•

18%

59%

16

*3%

87

is

59%

*15

: 13%

42%/

*82%

18%

is y4

26%

108%

108%,,/

42%:

"

48

*821/2

26 y4

31V2

32%.

*107%

108%

♦42 ft.

31%
*25 V2

31%'
25%

30%

26y4

8iy2

81%

116%

82

117%

%

7

Feb

preferred
preferred

-

82

117

4

39% Jan

—

;

2,100

■

—

—

i—*'

•

15% i 15% -;.

v.'

-'•*

■

.

5,200"
1,800

'•

«.«».

V
:

r

27 Ve

27%

15%

■

: 2Vs

»

1

4,900

;<

Sep
Jun

Nov

53

_

S1::¥jL£ .-yl

>

.

ilil-

>3

-

5%

%
■

r

19%

it

*5%

•'

1

27%

27%

15 Vz

y'
:.

-

,V,.19%

20 /

70

..v

y-'x S."

r.t y.

12 ryi

•100.%

103

i.;

6%

1

59% May 20

1

*

Dec

6

1% Jan

No par

Ei class A.

2%

18

—100
41%
6%
*
>—100
36 •
West Penn Pr Co 4%% pfd
,100 ; 102
West Va Pulp & Pap Co
—No par.
10%
6% preferred
,
100
97
Western Auto Supply Co———10
; 12%
Western .Maryland
100. >
2
■
4% 2d preferred
100.
4%
Western Pacific 6% preferred
100
%
Western .Union Telegraph
—.100. \
23 Va
Westinghouse Air Brake
No par
13%

1,810

'

18%

Penn

7%

6

8% Dec

15

No par :;.

Indies Sugar Corp

West

370

*

y.

11%

11%

11%
i

55%

•

•

,

.""..-I,

_j

West

'310

8%__t 87/ahy

'8%
49%

8%

$4 conv preferred—.

100

—

v..v

Sep

Nov

11% Jan 15

par

Wesson .Qil & Snowdrift//:—No par.

3,400"

y,.~-" '

'■

No

Eisenlohr...__

Webster

900

.

15%

80% Oct

12

1

Wayne Pump CoJ_..

1,500

'

«».—

'

.4;,"wU

65%'

108 %

*iooy8

103

V

f

Feb

25 Va May

27

x65

—No par

Fdy & Pipe

Sep

xl2%

24% Oct, 5
13 % Jun 16

No par

Washington Gas Lt Co—No par
Waukesha'Motor Co
—5

2,700

11

,

'

yy./^W''.

51

8:

*107%
11%

y.'/.'

''•"'•I

"2V2

65

v

56%

12

"11%

-!

17

■ *2%-.

'

.

17%

*68

70

17

2%

2%'
16%

56%

108%

16%

'

49%

8%-

65%*

59

107%

16%

"12y8 * 12%

12%

-y

17

*66

•,

12'/a

51

*49

67 y*

*

'.y^

65%

8%

8%
50%

50

•64%

70

:

Warren

>•<

-15

36

8

May 14

4% Apr

5

Pictures

$3.85 preferred

;

16%

17%

*66

27%

15

270

—

'

2%

17

:-y-

70

•65'

•

2%

♦

80%'

*26

15'

*14%

14%

15%

80%

27

,.*25%

27.

*25%

is y8

■•

80%

12

29% Nov

Feb 17

16

14

6

'

—

Jan

5V4 Nov

16% Oct

2% Jun 22
% May 4

-No par
M# par

Class B

4,300

A*.

preferred

Ward Baking Co cl A

,

6%

Dec

3

41% Nov

3% Apr 23'
31 % Apr 17
137/a Mar 23

No par

Highest
per share

f per share

S per share

f per share

No par

Co

(H) ,Good & W Ltd

Div redeem

900

-

27%" '

27%

8

T'

4%' y
5/8 ;

\(f

28

28

''

y

Year 1941

Lowest

Highest

Lowest
Par

8,500

,

y'1-

y

Range for Previous

On

STOCK

Shares

share

.

i5 y2

.-4%

;

■

.

A

.

y

) v.*is

•4 Ve

-%

TV

80

80

80

80%

•25 ya

•17

15%

$ per
"

39%

4j/a

-:

:

YORK

EXCHANGE

'

•79

/

4%

"39%

'..;i

"

27%

7%

8%

4%
39%

*15

%

28%

27%

8%

4%

4%

*3%

1 per share

.

NEW

the Week

Jan. 1

39%

.

15

15

•'

4

3%

%

•4

15%

share

per

4%
39

38%

.

S

share

4%

4%

4%

4%
39%

•39

$ per

share

per

Dec. 31;

for

Sales

Friday

Thursday

Dec. 30

■

Range Since January 1
Basis of 100-Share Lota

STOCKS

Wednesday

Tuesday

Dec. 28

Saturday

RECORD

YORK STOCK

NEW
HIGH SALE PRICES

LOW AND

163',095,000

-

-

•;

/domestic '
Foreign gTvernmenl,—7-

FSS corpo?^te„—

$4,680,000 $171,053,500 $239,602,000
161,000
4,886,000
6,901,000

$3,522,000
21,000

3,222,000

765,000

54,000

30,000

-

'
■

Total

:

Below

$2,311,479,'250v$2",lll,805,000

Stock and Bend: Averages

:

listed on"the New" York Stock Exchahge as (Tompiled by Dow, Joiies & Co.:
*

1

1

1

y

StOCkS

-s-BondsRiiwrlo.

11

■

1

10
30
Indus¬
Date-

;

Total

15

20

UtUI-

Rail¬

roads

26

119.71

27.21

14.11

December

28...

118.50

26.92

" :

118.40

26.88

'

;65

■

trials

December

14.54

.

39.60

106.56

trtlll-

"'Rails * 1 /ties

40

Bonds

3L77

"109.88

90.06

51.71

109.66

90.00

;

92.30
:

v-53.16

109.77

52.50

92.57

HOLIDAY'

•

Bid

-

$4,895,000 $176,704,500 $249,725,000 i

-Feb

90.27

109.89

90.55

t%«

-Feb

—

't%S

—

2s

—Mar

—_u——_

Apr

Federal Natl Mtge Assn—

1,1943
15,1945

100.2 1
99.25

Mav 16,1943

2s

*

99.27

T, 1943
X, 1943
1,1943

h0.70
bO.VO
100.8

0.55%
0.55%
100.12

,

1946-1944
1964-1944

1955-1945

104%

—
,—*-.1

——_f

3s, 1955-1945.

>.

100y2—

100.18

100.22-

—-July 15,1943
Apr 15, 1944

tl%fs
%1%
3

Housing Authority—

Feb

1,1944

"100.7

100.9

100.2

100.4

100.21

100.24

107

107%

108%

109 VA

127

128%

105

104%

100.20

Reconstruction Finance Corp—

1%^> notes

Federal Land" Bank Bonds—
4s

1944—
July 3, 1943 at

Ask

100.16

l%s Jan. 3,

U

43

Bid

Ask

100.4

Federal Home Loan Banks—

3%s
.t-

$3,573,000

Call

"Total

92.21

106.51

39.62

-

10,

May-

*

tl% %

92.19

108.40

14.35

:

-

•

.?A%

--

90.18

106.39

27.39

.—■

;

109.86

39.19

27.33

•

i

Quotations for Thursday Dec. 31

'

Commodity Credit Cbrp—

52.06

V '39.16

T19.56




-Rdils

14.22

,119.40

HOLIDAY

Grade

14.18

31

i_

Grade

Indus-

"92.50

30

1
-

Second

106.31

December

10

-

First

\

39.54

December

January

10

Stocks t trials

ties

December

-

;

.

.

and bpnds
'

—

.1.

Obligations Of Governmental Agencies

( * ■;f.

.

the daily closing averages of representative -stocks

are

"

105

10FT9ff

10512

,105y4

105y2

3s

Jan.

1,

1956-1946

106'%

106%

3s

May 1,

1956-1946

107%

107%

Other

Issues

3s
1946
U S Conversion 3s
—1947
Panama Canal 3s...—.—.1961

U S Conversion

Vt'i

-

*

1

.;</

' l

\k I'*

•

■f

''1

;/ »*i

3.

20

THE COMMERCIAL & FINANCIAL CHRONICLE

Bond Record

FRIDAY
NOTICE—Prices
the week,

"and

are

and when outside of

The italic letters in

the column headed "Interest Period"

Stock

'

Thursday Week's Range
Last
or Thursday's

Interest

Exchange

Week Ended Jam 1

f

T

U.

S

Treasury 4s

Trea i iry

114.14

3'/aS_.

106.8

108.27

108.30

*101,10 101.12

101.29

104

*102:i

102.3

102.6

a-o

*103.7

103.9

103.10

*107

107.2

j-d

106.30
109.14

108

109.5-

110.2

110.2

MS

109.2

109.2

US

1948-1951

2%S—

US

/ 1956- 1958
,

1963 •1968
Treasury 2 V2S
Treasury 2%s_V_,*«..i>>/_w-._, 1967- 1972
Treasury 2y4s__.:_.—________ 1951- 1953
1952- 1955
Treasury 2y4s__„_.
Treasury 2%s_______________ 1954- 1956
1947
Treasury 2s__________-__^-_
Treasury 2s_
-Mar 15 1948- 1950
1948- 1950
Treasury 2s
Dec 15
Treasury 2s__-__.
—Jun 15 1949- 1951
Treasury 2s
Sept 15 1949- 1951
Treasury 2s_______
Dec. 15, 1949- 1951
.1950 •1952
.Treasury' 2s
1951- 1955
Treasiiry 2s_____/
Treasury 2s___
1953. 1955
Federal Farm Mortgage Corp

100.2

100.22

> -*"4

100.2

^ 100 ,4

—

100.16

vloo .2

100.16

100.18

12

.

•

.100.4

-

*101. 6

101.8

MS

1945-1947

;

New: York

A El

AEstonia

Salvador 8s ctfs

Corporate Stock

—1980

sink fund

AGtd

sink

of

dep__^_i>1948
7s________1967

French Republic 7s

(Republic) extl $s__
__1945
stamped_______1949
unstamped
/.
1949

7s

101

102

103.27

AExternal

101.5

*100 14 100.16

100.11

100.20

100.4

100.6

,*100. 11 100.13

__

M-S

*100. 7

j-d

6

100.9

100.2

*100 4

.

100.6

100

; j-d

*103. 4

Ih-S

*103.1

103.3

M-N

*103.3

103.5

103.6

Af-N

103;

103

*101.6

;

Greek Government—

103.24

:

1

103%"

J-D

•

101.10

101.10

43

1968

M-S

1945

J-J

1945

J-J

f

7s series C_

1945

7s series D_

_1945

1st

1957

1957

sec

s

f 7s 3rd series__1957

25%

f

S

loan

conv

__1948

4'/2s

1971

!'8f exti

conv

loan 4s Feb_

f extl

conv

loan 4s Apr

8

15%

Australia
..

.

(Commonw'lth)

External

5s

of

15%

10%

15%

15

-

:-i

11

15

1

10%

15%

15

2

10%

15%

10%

15

18%

45%

external

15

42%

42%

42%;

97

f 6s

.1955

f 7s

1955

(U S of) external 8s

1941

J-D

s

f 6%s of 1926

—1957

f 6'/2s of 1927

1957

a-o

.1952

A7s

(Central

Ry)—

Brisbane .(City)

s f 5s
Sinking fund gold 5s
Sinking fund gold 6s

Buenos Aires
A 6s

-

s

3%

s

f $

s

29

82

:4s sink

96

36%

35%

3

78%

13

v

38.

•

38

J 81'/a

36%

100

>

37

>

36%

76

22%

22

19%

83

12

37

36%

80

44

;

68%

f-a

69%

a-o

70

85

j-j

107%
101%

1954

101%

AExternal sinking fund 6s
a 6s assented

V 98

;

70

59

73'%
43,>..49%

__

2

101% 101%

16

>97%
97

98

1

V

i

38

>

j-j

m-s

18%

.14%

__

m-n

sink

"i

18
*85%

f-a

m-s

fund

1965

a-o

fund extl loan—;

1963

f-a

f 5s

*79

f-a

:

9%

(State of)

(Rep of)

—1967

7s

1947

external 7s

2i:
,7

1959

73%

m-s

14
13

j-d

12%

a-o

12%

13

'•T2%
12%

a-o

*18%

1968

a-o

11%

j-j

12%

4

Janeiro

(City of)

8s

537/
50
,

V

1953

f-a

1967

2

15%

'18%

18%

25

13%

19%

16%

Santa Fe external sink fund 4s

1964

§ASan Paulo
■

26

m-n

13%

61

12%

(State)

8s

1936

,A8s external

j-j

191
>87

19%

5

1950

j-j

14%

32%

18%

20%.

A 7s

extl

18%

water loan_

29

1956

m-s

29%

A 6s

extl

18%

dollar loan

1968

2

13%
15%

19%

18%

j-j

1940

a-o

20%

A-O

187/s

1963

18%

7

13

M-N

19%

2

M-N

13%

20%

18%

18%

18%

9

13

19%

j-d

17%

17%

18

6

13%

19

17

17%

12%

18

4

13

18%

24

13

1957
1957

j-d

1961

j-d

1961

a-o

—1961

a-o

A63/4s assented

AGuaranteed sink fund 6s

AGuaranteed sink fund 6s

1962

A6s assented

1962

A Chilean

Cons Munic 7s—
A7s assented

17% rl8%

rl7%

17%

i960

m-s

*18%

f

s

7s——

12

77/a
14

.'
•:•:.

7

>

16%

/10

12%
•16%
16

88

16 Ya

-

5%
vV 7%

18%

15%

16%

15%
12

14%
13%
17

14%

9%
8%

16%

-V

167/a

10 y8
2

i

19

;v;v 5%

7-;'

_jf- 7'

88

15%
15%

•

•

-

33

50 y8

„

31;

90

10

109

8%

3

10'/a

18%
16%

18%

16 '/a

16%

24

8%

16%

17%

39

9%

17%

17%,

16

10%

17%

75

18

17%

17%

4

11%

19%

16%

3

11

16%

32

42%

43

62%

•

18%

75

62

32%

10

26%

33

29'/a

30%

6

25

30%

30%

31%

2

20%

61%

61%

62

4

54%

66

32'/a

17%

18%

secured

external

1962

extl

1962

m-n

1958

j-d

1958

j-d

1955

f-a

7s series B

sec

(Prov of)

extl

7s_—

A4%s assented

Sydney (City)

s

;

f 5%s

12%

18%'

17'/a

18

33

12%

18

is y8

2

14%

19

AExternal sink fund 6s
AExternal sink fund 6s

17%

37

13

18

3%s-4-4%s

14

17%

17%

17'/a
17%

17%

17

16%

17%

*14%

17%

•

1951

j-d

1961

a-o

51%

1961

j-j

51%

1970

Jan

A8s

ASilesia

a-o

—

—

51%

1
,

19
__

11%

17%

12

15 H

AUruguay

(Republic) extl 8s

External
External

37/a-4V8-4A
4-4 %-4 %s

51%

52

39%

52

51%

51%

6

37%

52

38%

38%

55

29%

39%

m-n

1946

10

9%
9%

10

4%

9%

9%
85

f-a

9%
85

*80%

12

4%

10%

11%

4%

*9

12

4%

85

10%

40 Va

85

71%

77

1960

-m-n

*78

73

77

1964

m-n

♦78

71%

80

1979

m-n

31

51%.

64

51%

59%

22

54

66'/a

41%

55

__

i

($ bonds of 1937) —

readjustment
conversion

1979

extl conv
;
1978
extl readjustment—1978

3%s ektl readjustment
A Warsaw

.U-

(Kingdom)—

17%

17%

(Republic of)—
Oct

41

'

m-n

m-s

(Hukuang Ry) 5s

rl8%

M-N

—I960

24

5 A Secured

Serbs Croats & Slovenes
a

j-d

—1961

assented

''

/
;

V

75

14%

17%

Mortgage Bank 6%s

A6V2S assented

ASinking fund 6%s

'*•

-

__

5

7-

7%

/

19%

19%

—1963

'

7%

;

i>7

4

*39%

1962

assented

7%

16%

17%

A-O

19%

1

,

73%

m-n

f

s

y-s

M-S

1

101% 104

1

13

23

65

57 Va

-•-

14

74%
65

17%

1961

Sep

27%

18

m-s

1952
.1957

(City of Brazil) 8s

A6%s extl secured

20%

71

57%

74%

-

"

.

16%

16%

1962

Sep 1961

sinking fund 6s

/

50

(State of)—

municipal loan

A Sao Paulo

7

70

17%

j-d

21

79

50%; 80%

•

3

.

11%

*25%
88

a-o

13

19%

V;

85

51%.

'

17

14%
12%

7

m-n
f-a

1946

6%s

sec

j-j

A7s

19%

83% 100

> 84/ TOO'/a

89

-rll%

16%

de

7/

83%
48,-/7 86

13%

j-d

19%
19%

18%'

_1947

f 7s

j-j

AExtl

19%

j-j

*13%
*11%

13

12%

1961

a-o

a-o

28

67

•

1940

'—1958

a-o

18%

j-j

(Rep of) gold 6s
s

18
86

so

44

5

*65'/a

m-n

18

10%

■:_; :/77.to

*103% 106

1961

Rio Grande do Sul

20%

18%

14%

647/a

1960

j-d

12%

•

75.

>-..,77.

71

m-s

19G8

13%

13

9% ' 18*%

7

;

83%,
82%

71 7

:/

m-n

1966

5

13%

10%

••

78 7/
80%;

j-d

1940

33

"5%

.

26

18

77%

ser

A8s extl loan of 1921

18%

■

5%

'v}$rn ,,76

18%

80%

.

ser

f 6s 2d

s

APrague (City of Greater) 7'/2s—1952
Queensland (State) extl 6s_
1947

:>

19%

10%
,:

•

v',5%
77 5%

157
Vv'46

__

77Ms

v

m-s

ref 3y2s series B

sec

A6s external sink fund gold

6

:•

20
„

■

s

m-n

A7s external loan of 1926

19%

12

15%
82%

5%

,

,

*7. 7 80%
71

20%

18%

-

__

•72

98
10

78

.

6%

72

40' /

;ioo% 100%

•

v.*84%

a-o

15%

5

7''

8

*100%

j-d

s

93%

a-o

;'V

••

.9%

":77v - *80

a-o

~5

19%




17%

18
__

f-a

19%

18%

page

9%

-

18%:

j-d

98%

a-o

see

.>J69

__

15%
82 7

.

15'/4

'68

47% ,62%

10

82

16%

55

63'%

v

-77:12%

A4%s assented
:
_1963
APorto Alegre (City of) 8s
—,_1961
AExternal loan 7'/2s—_———1966

/.

98%- 100%

f-a

A6s of 1927
3s external s f $ bonds

>

13%

93%

f-a

•

20>

13 ;7
14%

>.

1970

A Rio

1960

1928

67%

7

6%

8

•

13%
:
13%
9% 7.7, 8%

17'

19

Jan

85

85

7

13

97%

*11

18%

-

97% 102

1961

footnotes

q-j

,1956

A4%s assented

100% 102%
98% 100 ya

1961

—_____

18%

60

9

j-d

/'•AExternal sink fund gold 8s—_1950

103% 107%

61
18

18%

1961

j.

95

82

•

-

►

j-j

1955

•

70

Feb

AExternal sinking fund 6s
A 6s assented

of

v: 77

13%

*5%

m-s

1957

AStabilization loan

,<

Feb

AExtl sinking fund 6s
A6s
assented

Colombia

9%

•

ANat Loan extl

69%

57%

73%

100% 101%

97%

j-j

Jan

6%

15

15%

■

ANat loan extl s f 6s 1st

assented

Chinese

:;-

.

10,

q-j

1943

(City) sink fund 4%s

Aperu
;

sinking fund 6s
f 6s

•

18%

65

•

.

66%

■

m-n

1944

APernambuco

68%

56...

107% 107%

m-n

1960

69%

100% 100 %

m-n

1942

56

100% 100%

j-j

1942

f 7s

'

'

12%

a-o

1958

A4'/2s assented

68%

*46%

a-o

m-n

assented

: 70

...

8 '

;

,

6s

5 A Poland
68%

73%

j-j

ACarlsbad

69%

M-N

.1968

A 6s

(State)—

82 y2

.1967

AExternal

.

*13'%

12%

1959

a

83

83

3s

assented

*85

!1

98

j-d

APanama

34%

80

3s

6s

*94%
■

(Rep) extl s f 5s ser A_1963
Stamped assented 5s__;
1963
Stamp mod 3'/4s ext to
—1994

100

*70

1944

s

18%

7

:i952

sink fund 4y2s_

100

83

83

*79

30-year

ARy external

j-d

Ext

83

98%

83

M-S

1984

2'/4s

A 6s

18%

M-S

1958

5s

Municipal Bank extl

96

34

m-n

Extl

18%

78%

33%

M-S

T960

65

/-

1954

External

Oslo

99

34

*81

1975

73%

■.■sj/'-.*/ *'•/

v

__

j-d

^_1945

:

External

:'v

j-d

!'

j-j

s

1

71%
73%

61%

>7 11

"

bonds—

(City) 8s
(Rep) External

♦18%

j-j

.1959

f

s

,External

82

*97

f-a

For

79%

.

34%

1945

A6s

80

65

j-d

_1976

71

'

61
63 7'

..

j-j

.

Norway external 6s

34%

30-year

A

65%

64

18%

1952

A 6s

34

79%

18%

1961

A Chile

80

81

2>/2s

A

86'%

42

3%s

A

71%

34

10-year

A 7s

50

33%

25-year

A Chile

86%

_1977

(Dom of) 30-yr 4s

7-year

97%

._1961

;

73%

59.:

:•

a-o

*82%.

1943

f 5s_

s

External

?

77%

96

>

M-S

;1976.

63

1

'

1954
*

,

7s!

(City)

South Wales

>> External

88

(Province of)—

f 4%-4%s

V

69

*96%

f-a

5s

.

•

33%

1957

f 4y8-4%s

external

Canada

■

33%

1958

Refunding s f- 4'/4-4y2s__.
External readj 4%-4%s
External

'

,'rf

33%

;

-1950

1
4

>

New

—

:

stamped—

External

•

78

a-o

s

55

50

.

70%

1954

series A

97%

j >80%

j-d

AExternal

/i

10

i" 81%' 81%

j-j

s

AExternal

V

>82

M-S

s

70

a-o

f 6J/2s

A 6s

77%

"

79%

M-N

External

s

AMontevideo

78

•i. 80

M-S

External

SABrazil

74.'

m-n

f 6y2s

84%

;

J-J

1949

6V2S

1

__

97%

V.

a-o

1956

External g 4'/2s of 1928

Belgium

MS

15%

11

s

ASec external

14%
15

14%

M-N

1957..

ASeo external

15

*15%

F-A

5s of '25_1955>

1927

.

7

V,

Minas Geraes (State)—

14%

j-d

:_1972

26%
i 22%

.

;

>7!

32%

10 y8

;; 15

m-n

—.1972c

••

7/.^'

1957

A Assenting 4s of 1910
—1945
§ATreasury 6s of 1913 assent—1933

44

32 y4

Argentine

f external 4V2S

72%

A-O

*60

(US) extl 5s of 1899 £—1945

A Assenting 5s of 1899

v

15

a-o

AAntwerp (City) external 5s
—1958
(National Government) —

m-s

% 19 -:

A-O

_1960

f 5s

s

(Colombia) 6%s__
(Prov) 4s readjusted
Mexican Irrigation—
•
A4%s stamped assented

-

44

,

15%

a-o

AExternal sec s.f 7s 2d series

25

•-*15%

a-o

series

47%

40%

26

58

iiv »fis •At.'Jif;.

75

j-J

f 7s

*35

29

10•
;/2>-

1

•

98% 106

14%

*45 %

t

15%

J-J

f

47%

53"

a-o

AAssenting 4s of 1904_.

45

s

>' S

-

43

f,;*43

s

'15

■/_'■

■'••720

40

1964

AMedellin

J.'r

s

AExternal

"'••' 58.

103% 104V8

a-o

AExternal

//'"•

,

51%

70

83 >

102% 115

40%

a-o

103%

68%

104.23

.

AExternal

100
r

■100 V« 107 '

51%

———1968

■>A Jugoslavia (State Mtge Bk) 7s

AMexico

AExternal
„

'

,

paid
paid——

Irish Free State extl

b\:

103
/

-

part

(Republic) s f 6s series A—l1952
Helsingfors (City) extl 6%s_
_19G0

.

-

f-a

7s series B

j-j

104.25

•
\

part

Haiti

J'-.-' 103.23 104.20
103.4

A7s
A 6s

.

,

100.22

-

102.22

101.8

1948

f

7

;

*28

100.5

'

-

-1947

s

19%
99% 101

104.24

100.9

6s

(King of Norway) 4s
AAntioquia (Dept) coll 7s A

■r 12%

7,302% •102%

;//, f>/T59

*28

a-o

Finland

104.27

fund 6s

Akershus

„•

73

Va

46'/2

-

j-d

Foreign Govt. & Municipal -;
Agricultural Mtge Bank (Colombia)—
AGtd

'7

72%

16

*106% 10?

101.21
105.21

'

3%

f-

•

49

>17%

\

.

w_

30%

18%

6

/

'■'*105%

f-a

(Republic of)

103.26

101.8

31

25%
'

9

19%
_>/■'" V ■/.

■

*102%'
-

73

a-o

______1969

103.27

*100 ,18 100.20

30%

25%

(

100.16

101.17

105.16

/> /VV
.///••
'/.

City

■Transit Unification .Issue—

"

;■/

j-d

_^1955

19%

•

*101

a-o

a-1942

Mcndoza

>.;■«•'

■

_________'__1962

5'/2s 2d series

■

100.24

*101 ,6

m-s

j-d

f-a

j-j

Customs Admin 5%s 2d series___1961
5'/2s 1st series
_____1969

•

*103, 19 103.21

_V

.

j-j

3814

*102%

j-d

1953

5%s_____l940

103, ,26 103.26

J-D

m-n

1977

wks

*104, ,22 104.24

,

__

/

_1949
,

-

103.14

v

>> 1944-1952

,

38%

25%

"

40%

•

m-s:'.
:v f-a

.*•

100

1

,

*104 .18 104.20

j-d

:

5 A Dominican Rep Cust Ad
5%s__-T942
§Alst .series 5%s of 1926^
__1940
§A2d series sink fund

103.14

100, ,2

j-j

1944-1949

M

102.18

j-d

1944-1964

series

104.6

j-d
'

.

3s series A

__

m-s

_____

Corp—">

103.6

39%

'

31%
30%

40

38%

January 1

;vHigh,

.

>,1

30

*30%'

A

m-n

__1949

debt

External gold 4%s

.

107.2

.*103,,18 103.20
"*103.,4 103.6

■;

30

Range Since

No..

*30%

f-a

j-d

,__1944

SADenmark 20-year extl 6s_L
External gold 5%s

105.24 .106.23
106

j-d

_____

Home Owners' Loan

m-s

: j-d

—-

105.31
108.11

•:

.

107.7

1*106.,9

:

'v

,

105.25

106.17

,"105 .29

v"

MS

1962- 1967

_____

•

'

High

1

5%s
1945
A Czechoslovakia
(Rep of) 8s ser A_1951
ASinking fund 8s series B_
__1952

110.18

104.21

106.,13 106.15

j-d

\

108.16

*104 .13 104.15

m-s

external

•/ APublic

109.31

*108 .30 109

T-_

Low

m-n

v-

109.25

108.16

Sold

-

a-o

1951

Sinking fund 5yas

.

108.31

108.10

;*108 .11 108.13

j-d

1952. 1954

/_—ii—

107.2

108.11

4%s

..

.

107.30

m-s

1950 1952

__

107.11

107.7

*108.9

j-d

_______

______

^1947

External 5s of 1914 series A
External loan 4%s

/

,

106.9

'*107.29 107.31

j-d

________

104.25

*107.5

j-d

__1956-1959

Treasury "2'/2s____
Treasury, 2 VaS

Mtge Bank 6%s

(Rep of) 7s_^
(Republic of) 5s of 1904

Cuba
:

*104.24 104.26

US

__1951-1954

_

:

Bonds

Sale Price Bid & Asked

Period

ACosta Rica

110.17

US

1945-1947

Thursday Week's Range ,
:
Last
or
Thursday's.

Interest

■

of

!'■
'•

*

.

.

110.28

107.29

.

110.29

106.17

1951-1955

2%S—

;

.

108.14

110.11 110.13

110.13

1955-1960

__

T

,

*106.20 106.22

j-d

■•;

;•

Exchange

ASinking fund 7s of 1926
_1946
ASinking fundTs of 1927__
__1947.
Copenhagen (City) 5s_________
1952
25-year gold 4%s
L1953

.

105.20

«

j-d

___

Stock

unless they are the only transactions
computing the range for the year.
""
> \

range,
sales in

.......

104.20

1946-1948

__

week's
such
,

New York

-

of

,

.-.

110.8

27/as__
2%Su-

mature.

Week Ended Jan. 1

.

*106.4. 106.6

_____1949-1952
__

3s____

'

,

the

account is taken

:>

*108.16 108.18

a-0

________1946-1949

3V8s_.
3s____

Treasury 2'/2s
Treasury 2'%s

t

116.2.

j-d

1944-1946

___.

disregarded In

No

High

1943-1947

___.

l'/as

Low

MS

1958. •1963
Treasury 2%s
Treasury 2%s.
I960- •1965
.1945
Treasury 2 %s____——
.1948
Treasury 2 Va s__/_!__________1949- 1953
Treasury 2%s__.

-.t

No.

*113.29 113.31

2%S—

Treasury
Treasury
Treasury
Treasury
Treasury

■.

High

•

Range Since
January 1

Sold

1943-1945

3%s_.

are

BONDS

Bonds

J-D

_1946-1956

_.

3%s_.

Treasury
Treasury
Treasury
Treasury

a-o

1944-1954

try

bonds

A Colombia

__1947-1952

Treasury 3%s_.
Treasury 3%s_. ,_±
-

the

Government

Treasury 4%s_.

Trei

Low

the month when

case

■/„...

Sale Price Bid & Asked

Period

•i

indicate in each

Exchange

YEARLY

-

interest"—except for Income and defaulted bonds. Cash and deferred delivery sales
the regular weekly range are shown in a footnote in the week in which they occur.

BONDS
New York

WEEKLY

-

(City)

A4%s assented

external

1984

7s__

■»

Monday, January 4, 1943

New York Stock

«»

>„„/

■

64

62%

64

m-n

*59/2

j-d

*56

f-a

64

64%

50

50

j-j

1958

f-a
F-A

*10.

51%

60

♦10

—1958

61%

2

60

4%

11%

11%

3%

11'/2

BONDS
'

"

Interest
'

Week Ended Jan. 1

Period

{Abitibi Power & Paper—
§ A5s series A unstamped
AStamped
__
Adams Express coll tr gold 4s

Low

Coll trust 4s of 1907

J-D

M-S

__

J-D

B-A-»V-:-.'m.--A-1943

J-D

1st mtge 3%s____1972

J-J

'-—I

4s series

Power

J-D

Albany Perfor Wrap Pap 6s_______1948
6s with warrants assented——1948

;

..

"

A-O

A-O

A-O

793/4

.

•

•

104%

54'%
65'A

•'•'••■: 41

J

1077a

107

107%

101'%

m-n
Jan'

??

q-j
m-s

30

:

j-j

'■

10

'"// •'"4'

1037a 104%
103'A 103%

1033/4

104%

'■

:

J-D

*112

113

*109%

I

J-J
M-S
J-D

62%

62%

138

A 74%

94

32%

63%

18

.

34% 1

19

15%

35

19%

19%

11

20%

.

A-O

102

'

•'

■'?•

Sep 1 1946)
';

; Ref & gen ser
AConv

/

*

•

M-S

>

-'

,:'35%
32%

M-S
F-A

—_—Feb 11960

M-N

52

:

46

••J-J;/

ref An A———1959

'

r

,

51.';, 52%

~A-0

El 1st gold

Debenture

gold 5s__1

A 1st

Bush5

——

of

*70

Consolidatedv5s^_i——
Term Bldgs 5s gtd—

1955
1960

102% 105%
/ 98% 102

3

'■X

101

'

,

& gen

4s series C
5s series A

40-

80%

M-N

99

-

,

83

98%

99

'

j

v

11%

11'A

11%

10%; 1Q%

-

32

'88%

i

53

A-O

4s__—4—1966,

gtd 5s A—.1962
Canadian National gold 4%s——1957
f' Guaranteed gold 5s
July 1969
Guaranteed gold 5s_—___—Oct 1969
*
Guaranteed gold 5s____
—1970
I
Guaranteed gold 4%s
1955
cons

110

J-J

Guaranteed

.—1956

gold 4%s__

...1951
'Canadian Northern Ry deb 6y2s„_1946
,:Can Pac Ry 4% deb stk perpetual
...
Guaranteed

j

i
(
•

'

4%s

gold

Coll trust 4%s
5s

...

trust

Coll

i

Collateral
For

gold
trust

4%s

footnotes see

page




24

7-

'

o

[Cleveland & Pittsburgh RR— "
r,
;
Series C 3%s gtd:
:.__.__._1948

[

Series

D

1087/a-

78

85

104

General 4%s series

I

s

1117a

& ref 4'/2s

1st

I Colo Fuel

j
j

5s

& Iron gen s f

income

mtge—

5s___i_._1943
—__1970

AColo & South 4%s series

40

43'/a

44%

6%

11/
•

323/a

48'%

Z 95

34

53

?'■ 67

"

34

53'%

34%

53

f/ 44%,.

423/4

44 V2

,•44%

437a

44%

18%

173/a

187a

1,281

47a

1,379

,

:. /

4

4%

112

r

.

-ACertificates

of

—__—^^—1961
4s_^1948
& Sou Ohio El 3'/4s_____1970
& Tol 1st "extl 4s
™1955

Debenture 5s__

i Columbus & H

;-•

31%

34

:

/
.

19 7
5'%

8%
1%

20%
22

-

32'A

22%

35

32
34

'

32%

34

M-N

34

'

33

M-N

32%

M-N

39%

J-D

33

39

/

223%

353A

23

36%

480

Columbus

(

1057a

f

95 y4

36

81%

95'A

t

89% •90%

52

77

90%

i

Income

deb w w__'_i

u" •
Apr 11969

Commonwealth Edisoxr. Co—
•
1st mtge 3%s series I_____i
Conv

debs

3%s_-!_

—

22 3%

35

69

:

'

26-

423%

165

14

78

26%

-

.

23%

J-D

22%

22%

23'/4

237

13.%

25%

J-D

"22 3/4

22%

23%

14%

25%

?:/;4/ i

% 3%.

•/ " 67
958

M-N

-

48

F-A

J-J

32

33 5«

/'

A-O

19'%

20

21

M-N

69

J-D

*61%

; *

,

21%

221

61%

50

'108 /

J-J

/'.;■•

J-J

80

100 VB

100
4

M-N

95

94

96%

•96

F-A

10

M-N

*-

45

99% 1023%

VA-:

13

/

33

92%

97%

9

94%

993A

,
'

.

1

13

A ,38%
A'iil'7
;•

108% 110%

65

21.

62%

63'%

86

42%

53%

44

52%

62%

74%

13

U- 106% 106'%

48

v.

M-N

J-J

.

*105

MrN

78

•7 85
264

46%
46'%

'/;•

j-j:

99%

]■

A

85

4474
45%

46'%

J-J

112

110

7L

J-D

30%

109% 1117a

99

X

50%

49%

1106 3A 110
>

1107a

*

70

'

36

54

.

"-:•'

*99 y4

/7I;/'

'.

•-•

.5

104% 1083/«

•

-

*106%

108

108

F-A

*105% 1077a

105

.105

F-A

J-J

*105

105

108

-

A-O

*__

73%

A-O

'

75

76%

7

633/4

647a

72

59%

A-O

63%

837a

"

643/a

A-O

•

58-%

59%

94

84

'•75
63 3A

71%
667a

-58

103% 103%
103'A
100

J-D

*104

F-A

4

100

lOO

3

80

81

'.' 7

79 %

89

22%

24 3A

97

15

28

22%

24%

21

2178

917a

93

42

84% 102

A-O

80

M-N

24%

*

241/4
,

M-N~
A-O
J-J

92'A

108/

,

,

J-D

-

J-J

88

5

52

113

1077a 108%

57

110%

57

24'A

85

102

78

3/4 101'A

109
32

109

106

109%

112% 11274

*111'%

F-A

May

92'%

87
*109

87%

A-O
M-S

.

92

'

.

.

;_1968

,

54

109'% 109'/2

F-A

J-J

J-D

V68

105% 1087a

27

;//'

125

>111

J-D

56%

,

59

^45%

,43%

107 3/4 108

loo

J-J

47

/
9

62%

47%

#413A

<

5'/a

1%
68

.7

,

63

J-D

M-S

,

-.'••

197a

10%

49

69

J-D

,

34

•9%

461

69

*46

34%

18

1,282

4%

33%

:4'/a

•

J-D

5

59%

18%

380
/?/

32

18%

20%

:

40

333A

.

32

4%

1%

48

19'/«

.

*

M-S

4%

48

-

^

*

1958

'

28

- -

-40

22%

•

22%

t-

-

23

33

•'••

-34',4

./32%

35

21

33'/4

M-N

M-N

34

25

323A

*29'%

M-N

347a

29

138

-

32 Vi
337a

33

33%

"

32

*28'%

M-N

V lstvextl gold

ACommercial MackayCorp—

72 %

89% 100'A
103

•■•'

32

M-N

A—___1980

! Columbus

93%

11

39%

M-N

1st s f 4'/2s series C-_/__^-_.-.il977
| Coal River Ry 1st gtd 4s__._—_.—1945

108% 112'A

95%

51%

44%

A-O

.^...1973

f 5s series B gtd_

13

J-J

33%

40

'

F-A

series B___
lst-gtd 4%s—...1961
Union Term gtd 5y2s____—1972

Gen

111% 112

J-D

90

41'A: 437o

J-J

Cleve Short Line

f

62

70

J-J

—1950
___1977
.1981

3'/2s gtd

103%, llO'/a

2

56 3A

.

'

—1993

24

15

/:"• 2

437a

J-J

—1993

.109'A noy8-

35

67

67

;

V. !/■;", 4

109 %

70%

56

109%

M-S

105

7

y ~ 109 %

110%

105

10%

6%

.

,

267a

F-A

J-J

6%

7

'••»'/ 34

i

99% 100'A-

34

82

v

6%

27'/a

1127a

70'/a

26%

43

112

.

36

38

28%

50'%

103% 110%

;

28

31%

26 3%

105

-

38

16

2

423/a

108

70%

45 /-

30%

22

32

•

483A

2

100

68'%

33

38

30 3/4

43

5

M-S

61%

37

.7

/,

116% 123

50% '

112% 112%

J-J"

,•17

■

A-O

110% 110%

J-J'

66 3/4

30%

J-J

Ref & impt 4'/2s series E__..1977
f - Cin Wab k M Div 1st 4s——1991
St L Div 1st coll tr gold 4s.—.1990
Cleveland Elec Ilium 3s
—1970

:81%

107% 112%

*113

343A

A-O

•-112%

F-A

J-D

21%

1943
—1957
Gulf cons 5s_—1952

General 5s series B_;

63%

104% 108%

112'A myA

A-O

1960

5s

4

61

38

—

deposit_.__._,
t Columbia G & E deb 5s
-/-May 1952
i
Debenture
5s__
—_—Apr 15 1952

1944
.1954

equipment trust ctfs

«

1946

-

111%

*108

—

f!

80

79%

80

32%

66

J-J

\

13

106

*108% 109 Vb

A-Q
A-O

J-J

31

96%

General gold 4s__ —

j

.

Canada Southern

80

.

;

/California-Oregon Power

72%

71

,

83%

70

■x;:1

62%

33

/

M-S

i

,

59

•/' 737a

D——-—-1962

/Cleve

j Bush

65

72

•".:

J-J

•

12%

5'A

..,•59%
;77%-77%

J-J'/.

—i.:—

1st & ref 4%s series

41%

.

78

59

83'%

737a

*118

M-N

967a

59

66%
;

97%

88

97 V*
81%

32%

J-J

93'A

90

64

735/a

M-N

fChicago Union Station— ■'?;//,•
I; 1st mtge 374s series E———..1963
f
1st mtge 3%s series F—...
1963
'
Chic & West Indiana com 45
1952

-115%

5%

10,

/•';;•; 10

81%

♦78

A-O

947a

81%
16

97

*93%

64%

J-J

1951?;.;,

3%s

Memphis Div 1st gold 4s__
1951
\ Chic T H & Southeastern 1st 5s—1960
'1
Income guaranteed 5s
Dec 11960
f " ' ACertificates of deposit—...—

88'% 105

"•';v-

85

80%

F-A

1st mtge 3'/2s
i—...-.1967
Cin Union Term 1st gtd 3%s D_„1971
5
1st mtge gtd 3%s series E—_._1969
! Clearfield & Mahoning Ry 5s__—1943
1 Cleve Gin Chic & St Louis Ry—

113

.118

25

31

94%

96%

81

F-A

•/

110% 110%

36%

13

94

967a

M-S

^Cincinnati Gas & Elec 3'/4s——.1966

•,,*115%-: «>*-:'

34%

299

16%

93%

94

114%

114

15%

16

;

f '; Gold

27%

.•-*110 %>.-_'A

•

106% 106'%
117% 1213/4

__

*__

1960?

43%

F-A

\\ 35%

3

V./"1

*114%

J-J

1951

109 %

•1

72%

18

:

•

"

A_.—A..1952

Childs Co deb 5s

J-D

M-N

§ASecured 4'/2s series

f
Debenture
5s_
? {AChoctaw Ok &

98% 108

28

;;

106% 106%
:118% 118%

,1

'

100% 106

3

-

100% 104'A

J-J

AConv gold 4'/2s
j Chicago St L & New Orleans 5s

:

100% 100%

104% 104%

J-D

79

29%

33

104% 105'/a
/

102%

14

100

5

A-O

\ {AChlc R I & Pac Ry gen 4s——.4988.
! '■ A Certificates of deposit.——
t
§ ARefunding gold 4s—...——-.1934

76

107

1

102% 102%

J-J

—.—1927

ji, 25% part paid—

95

6

*100%

M-N

I

80

15

102% 102'/4

J-J

registered...^

66%

97

>

23%,

108% 108%

130%
% 104

126

3

130% 130%

J-J

—1975

74
38

73

953A

17

94%

927a

■

_Jan 12000

adjustment 5s

A Conv

85%

/

79%

.

.

22%

'23%
108%

F-A

,

103%

•V/74-V/

-r.

f

105

101

'

,

98%

3

947/8
,

39% X 39%.

M-N

M-N

A-O

:

.

%•:' 72

73

J-J-

,

Terminal>lstv48_i——1952

78

*93%

A-O

M-N

—

100%

96%

102% 105%

-

78

M-N

/.
...—1934 ,

deposit—

si

25

/

*102%

M-S

if Burlington Cedar Rap & Nor—

83%

103

F-A

-1947/
—1950 /

—48

127% 130%

J-D

F-A

61%

72%

■

-

i

103% 108%

98 Va

101

}
j

61%

48

~5

102% 102%

80 7b

•

F-A

.1987
1987
AGeneral ■ 4s—-—1987
4s registered——
—_—_1987
'AStpd 4s n p Fed inc tax
1987
AGen 474s stpd Fed inc tax__„1987?
AGen 5s stpd Fed inc tax.r——1987
A4%s stamped
————1987
§ASecured- 6'/aS
—
—.——.1936%
A 1st & ref gold 5s
:—May 12037
A 1st & ref 4%s stpd
May 12037
Alst & ref 4%s C—i.May 12037
AConv 4%s series A
.-.1949
{§AChicago Railways 1st 5s stpd
X

53%

"'49:

100

101

F-A.

95'A

75

M-S

{Chicago & North Western Ry—
AGeneral gold 3%s
;.

54%

45

.104% 104%

104%

J-J

78

'

M-N

1949
1958
—..1977

AMtge gold 5s series A_
;

42%

48%

•

•

583%

87

*86

M-S

AGen gold 3V2s series B__May 11989
4'/2s series C
May 11989
1;:; AGen 4%s series E
May 11989
AGen 474s series F...
May 11989
I {Chic Milw St Paul & Pac RR—

.

95% 100

103% 104

49

'

,

AGen

■

39

43

1

*98 '/a

•

A 1st & gen 6s series B—..May 1966
Chicago Ind & Sou 50-year_4s_
1956
({Chicago Milwaukee & St-'Pahl,—
.
i
AGen 4s series A—;
May 11989

I

9

129% 129%
*99

62

73

/r 53%

M-N

•

-34%

14

103% 104%

A-O.;

5

55%

73%

55%

F-A

I

'■'iv-J

A-O

A-O

73 %

83%

A-O

837a

68

823/a

J-J

39'/a

,45
'

J-J
J-D

14

48

83%

F-A

1947
1966

44%

18%

J-J f

K 1st lien & ref 5s series B—
1957
Buffalo Gen Elec 4'/2s B—.I—1981
'iBuffalo Niag Elec 3%s series C—1967
•
iBuffalo Rochester & Pgh Ry—
- • ,• x
stamped, modified
(interest at ..;■.••>-•
f?
>
3 % to 1946) due..
1957

A Certificates

''A,,:

24%

65

-;

197a

109%

107

•

273/4

39%
:

28

.1

29

i

§ A 1st Si coll 5s

83

82

A-O

5s_„1950
Ss.1945

'Bklyn Union Gas 1st cons gold
1st lien & ref 6s series A—

*60

J-D

*108%

28%
7 ■•'.;

,

.i 1

24%

•;/ 108

6i y2
61%

61%

J-J

Sandy 1st mtge 4s_
_____1944 /
Blaw Knox 1st mtge 3%s
—.1950
Boston & Maine 1st 5s A C—
1967
X 1st M 5s series II—
.—1955 ?■/■
/■:
1st gold 4%s series JJ—
.—1961
1st mtge 4s series RR—
...I960
/,/ AInc mtge 4%s ser A—.—July 1970
{A Boston & N Y Air L 1st 4s.—1955 Bklvn Edison cons M 3%s——1966 //;
vBklyn Union

*

380

*99% 101
60
61%

60

J-J

——

19

65'/a

'

24%

,-187

46%

45%

12%
13%

303/a

62% :

1

152

•

20

1674

31

16

"

—

j-j

106

j

'

•

166

;

14

j-j

A Refunding

■■■■':

33

54%

'

V'

201

-;4

22% -24y2"

J-J

RR 1st 5s_—_1943

•Big

*\

\

191

32%

31

-

f

■

'

•

40%

1951
4s
stamped
________1951v
Battle Creek & Sturgis 1st gtd 3s__1989
ABeech Creek extl 1st gold 3%s____1951?,
A Bell Telep of Pa 5s series B——1948
r-') 1st & ref 5s series C
________1960
; Belvidere
Del cons 3%s—.—
1943
A Beneficial Indus Loan 2%s
—1950
2%s debentures—
1956
1 Beth Steel 3%s conv debs—-—-1952
■Jp Consol mtge 3%s series F___—-1959 «
■X Consol mtge 3s series G__—1960 /••;
Consol mtge 3'As series H—
1965 ;

t

•

32%

31

'

24%

J-J

Bangor & Aroostock
Con ref 4s_

!'

32%

.•33,/2': 35%

32%

Pgh L E & W Va System—
* .♦ w
R«£ gold 4s extended to_—1951.

Toledo Cin Div

[M

140

61

■'

S'west Div 1st M'(int at 2Vi% "
tuJan 1 1947) due——.—-1950

V

!

3-D

due___
2000
F (int at 1% to
://

due_—

,

321s

18

1947

'

i

3%s

due—-——.1996

y Sep 1 1946)

;

•

J-D

60%
31'/a

60%

A-O

,

22

16%

*15%

.1989
.11989

ARefunding gold 5s series B

]

.

due———1995
Ref & gen ser C (int at 1%% - •
to Dec 1 1946) due——-1995 s
Ref & gen ser D (int at 1# to
•
1; 1946)

75

133/4

16%

303/a

40

52%

181

•::'%

62%

268

.

|

Stamped modified bonds—
f ■>>/
1st mtge gold
(int at A% to
•.//
Oct 1 1946) due
July 1948
Ref Si gen ser A (int at 1% to
Dec

60

58%

59%

51

18%

J-J

•

>

68%

17%

series A—1988

95% 101

10

Si Ohio RR—

gold 4s—»•.—____July 1948

67 %

AGen inc mtge 4'/2s_
.—2038
1 }{AChic Ind & Louisville ref 6s A..1947
;

B
mtge

110% 112'%

*1107a

——

Chicago Gt West 1st -4s

3

t

1st

8'A

163/B

/ ;<

Baltimore

X,

18

J-J

f

77%

30%
25%

4'

v

33

J-J

57%., 66%

*105% 106

M-S

1953*

74

100% 101

J-J

•

1

87%

101

•'/ 28%

34%

_._1949

4s—...

Division

1st & ref 4%s series B

?

100% 103%101
104%

f? 4

87%

28

J-J

J-D

110

109

32

Z 32%

3

1st & ref 5s series A—...——1971
|Chicago & Eastern III RR—/'
A Gen mtge inc
(conv).
—1997
Chicago & Erie 1st gold 5s—
1982

;

109% 112%

73

A'.

8%

60

J-J

;

...

4s registered...

,

i

/

\

60.

i

74%

M-N

96

105

105%

84%

87%

J-J

,

103

25

3

47

6%

registered...^—_.._.._..i949

3%s
Illinois

/

.

97% 101%

—

103

103/a

6%

578

1949
Chicago Burlington & Quincy RR— •
?
Illinois division 3'/2s.
1949
r

110% 112%

*102% 103'A
103

J-J

-

;Vl

111% 112

111%

J-D

107

25'

6

.1992
1996

'// General 4s_

101

102%

J-J

-

/Atlantic Refining deb 3s

*100

M-3

/

101

104%;

104%

J-D

i;: Conv 4s of 1905
1955
">; Conv gold 4s of 1910
i—1960
Trans-Con Short L 1st 4s__—1958
i
Cal-Ariz 1st & ref 4%s A„
1962
Atl Knox & Nor 1st gold 5s
1946 Atl & Charl A L 1st 4'/2S A
1944
1st 30-year 5s series B—
1944
/Atlantic Coast 1st cons 4s
July 1952
General unified 4'/2s A—
1964 *■:
V,
L & N coll gold 4s—
—.Oct 1952
Atlantic & Danville Ry 1st 4s
1948 »
i
Second mortgage 4s
•.
1948 ./
Atl Gulf & W I SS coll tr 5S—
1959

22'%

6%

)

?

95

87%

78

95

*104% 109

J-D

76

6%

AChicago & Alton RR ref 3s__.

•

106% 112
88 y4

94%

95

M-N

Stamped 4s__—1995
Conv gold 4s of 1909
—1955::;

.

V

"*,//:

2d consol gold 4s

■•}

,

100% 106%

59

'

24 Va

i: Ref & impt M 3 y2s series E
1996
j.;. Potts Creek Br 1st 4s
.....—1946

100% 106%

r

*91%

Nov

45%

A-O

___1987
....1962

| / R & A Div 1st cons gold 4s_

991/4101

^.

5

111% 111%

111%

A-O

'

55

69%

A-O

J-J

697a

108

56%

>

•

.'

r

Fe—
General' 4s___„—i.1995'Adjustment gold 4s
—1995

M-N

1987

Chesapeake & Ohio Ry— •
1, General gold 4y2s_._
;
Ref & impt mtge 3'/2s D

/

/

Atchison Topeka & Santa

67

1961
.1987
1987

553A

87

v

'

•/••.' 27

:

!

36

.

101% /

100

-.34

:*100

__

.

'Xf:

A/ 57%

68

102%

23

2

29%

F-A

55

99&

93% 100

13
'

,

1053/4 1087a
106
109'a

'•

;•//■,/3

58 %

'

'

*51

__

F-A

9874

98%

.„•
;; 98%
'-•■'/v.
: u 58 %

/

'■

113

101

107

29 Va

1966

...

41

98%

1057a 108%

61

107

107,

A-O

J-D

4s_.

registered

48%

.

'

80 %/•

7 93

42%

48%

102% 102%
97

.'•,, i Central Pacific 1st ref gtd gold 4s_1949
'■
Through Short L 1st gtd 4s__.._1954
'
Guaranteed gold 5s___.
l.x.._1960
'§ ACent ral RR & Bank'g of Ga 5s__1942
Certain-teed Prod 5%s A__.._l_.__1948

1013A 1043/a
;

1

100

,.1948

i'Central N Y Power 374s__

100% 10474

-.,24

:

99% 103

102%

A-O

AGeneral

•105% 108%
5974

1

F-A

^Central Illinois Light 3%s__

4s

/ '••r'

100

J-J

68

61

106% 109

J-J

; {ACent New Eng 1st gtd 4s__.
/{ACentral of N J gen gold 5s
••, / •
5s registered
;

High

47

6

J-D

.

Low
1

60 Va

60'/8

..1947

'; ' AMobile Div 1st gold 5s_.-™__1946

•.

59.

'

60

11

m-s

64

7;''

1077a

107

76%

51/

.

/149

.

101%./

j-d

Tobacco Co

51.

103% 104'A

1077a

A-O

conv

.

92

63

47

/

.

•104% /

j-j

78

50

/:.

.

'

"

V '

m-n

1966

debentures—.

:

/

92%

January 1

No.

108% 109

109

M-N

ARqf & gen 5s series C__/_'._
1959
AChatt Div pur money gold 4s_.1951

94%

85

13
103% 103%
107% 107% W'X'A
>
99
• 787a
80'/2 '
10
104
.104%

103% 7

,

Sold

High

1962

{Central of Georgia Ry—
•
A 1st mtge 5s
Nov 1945
§ A Consol gold 5s
_.._™____1945
ARef & gen 5%s series B
1959

63

,81%

M-S

...1950
.1981

,t

63

55

693A '
60%

;

•

debentures——_—1956 *:
deb 3s
—1962
Am Wat Wks & Elec 6s series A___1975
A Anglo-Chilean Nitrate deb—*___-1967
/{Ann Arbor 1st gold 4s_i——-_i—1995 •;
Ark & Memphis Ry Bdge & Term 5s 1964
j Armour & Co (Del) 4s B_____——1955
V
1st sink fund 4s series C (Del)-1957,
3s

54

91":

m-s

«

103%

103

gold 4s.._.

:iCelanese Corp 3%s debs
;Celotex Corp deb 4%s w w_.
ACent Branch U P 1st gold 4s

104% 107%

68%
:•/'■• 60%/593/4
;;•/ 54%
/ 51
V
?__ :
*60%

./'

m-s

.Cart & Adir 1st gtd

J-J

1965

Ohio 4s__

&

Carriers & Gen Corp 5s w w

'

.,

106%

102

89%

-.6974

•

F-Ay'.' I

4%s debs~U—1951

Foreign Pow deb

3'As

•

A-O

62%

104% 104%

'

90%

j-d

4s__..^._1952 5s_._™._2030
Amer I G Chem conv 5%s™_____1949 4
;Am Internat Corp conv 5'/2s
__1949
American Telephone & Telegraph Co.—
3 'A s
debentures
—*_1961

Amer

—

F-A

Allis-Chalmers Mfg conv
&

'

—

___

Allied Stores Corp
'Am

.

A-O

1946

1944
5s modified
..1949,;
5s modified.--.™—______.:____1950
,/ A5s income_.__.___.——_1950
Alleghany & West 1st gtd 4s
1998/
modified

—

;

72% '

44%

*103% — =*102 81
*107%
••
*57% 63
*57% 63
*93%
*92% .94 '■

A-o

Albany & Susquehanna RR
3'As registered™.
Alleghany Corp—

Clinch

60'/8

1949

t§ACarolina Central 1st gtd 4s

Range Since

Bonds

Thursday's

or

Sale Price Bid & Asked:

Period

Week Ended Jan. 1

\

Last

Interest

Low

100% 1017/a
98% 102%

*103% 105

__

A-O

3%s__Jl946

,

__

Thursday Week's Range

-

High

65%

70%
48%

*~
*47%
*101%
*102

J-D

1953
___1953
1948
1947

F-A

5s

Low

No.

High

/

.

Carolina

10-year deb 4'As stamped.'.
1946
Ala Gt Southern 1st cons A 5s___1943
cons

■January 1

.

Stock Exchange

New York

Range Since

Sold

•

•.'.!

1st

or

„

/

Alabama

Bonds

Thursday's
Bale Price Bid & Asked
East

•

Industrial Companies

Railroad and

t

BONDS

Thursday Week's Range

'

New York Stock Exchange

j
!

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4139

Volume

58

19

21

59

110% 110%

10

1083/4 1113/4

109%

71

106

109

109%

THE COMMERCIAL & FINANCIAL CHRONICLE

i

22

NEW YORK
;:

bonds

New York

Stock Exchange
Week Ended Jan. 1

}.!

Thursday-Week's Range
Last
or Thursday's

Bonds

Sale Price Bid & Asked

Interest

Sold

Period

Low

,

&

Conn

Pasump Riv

1st 4s

1943

L 1st & ref 4%s

1951
——1951

bon.DS-

No.

High

Low

Monday, January 4, 1943

BOND RECORD

Range Since
January

'

•.

I

New-York Stock Exchange

^

■

1

Week Ended Jan. 1

I

High

A-0

■

Period

/•,'

/V"

Thursday Week's Range
Last
or
Thursday's

Interest

.

\

.

Bonds

<-

Sale Price Bid & Asked

// V;'

Low

Range Since
/January 1

Sold

High

'NO.

Low

High

Illinois Central RR—(Continued)

i

'

Conn Ry &
:

gtd 4%s

Stamped

:

*112

J-J
F-A

—1948

debentures.——

1956

A-O

debentures

1958

J-J .
J-D

Consolidated Oil conv deb 3'/2S

!

jAConsol

Ry

ADebenture

4s_.—

A Debenture

4s_;

•

t,

1st

mtge 3V2S-—

;

1st mtge 3V2S——
1st

1965
—.—i-1967
_,w—-1970
——.-1966

mtge 3'As——

mtge 3%s—
:
Co 2'/is s f debs
3'/4S

Crucible Steel

ACuba

f debs—

s

:

i

%

series

>

26

A

38

101%

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i

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109

7

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.

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98

18

26

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i

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/

33

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i

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1969

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series

4s

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38

tint Rys Cent Amer 1st 5s B__——1972
1st lien 81 ,ref 6'As—
—,—1947

•;.7

2

23'A

33'A

44

86 %

96%

Ref sink fund

.

15

101%
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108%

5

51%

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i'i Gen &

i

ref

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series

21%
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114

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gold 4s„

1970

24%

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1%

7

A

5

161

11'A

4'/2s

& Tunnel

1961

M-N

1950

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Term

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deb 2'As.—

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1st M 3'As

Duquesne Light

East Ry Minn

85%

J-J

1965

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Certificates

& Ga Div 1st 5s

1956

32

1950

J-D

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El Paso & S W
!

5s

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1st 5s—

80%

168

38%

67%

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27

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45%

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42

7.7 43

53%

93

94 %

45

93

97%

85

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gold 4s_1936

A-0

of

deposit—..

61%

85

82

88

;

J-J
J-J

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i

1987

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J-J

12

62%

30

69

69%

1960

60

62%

,

61'A

59%

A-O

1st 3s—1950
—Apr 1950

4

60

,

60

—

69%

127

40

69%

37%
56%

35

108% 109

67
65

65%

37

74

108

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50

86'A

———1961';

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90

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1950

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102

1959

M-S

:

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4

7

102

84

170 V

1

168

101

.

-

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95

82

.-

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notes

'

7

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;;

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—1954

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J-J

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-

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5

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2

107
10

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1965

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11

98

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.

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100

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98

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87

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49

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series

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■

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.

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y
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1947

to

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70

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ref

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65

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.—1953

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I

155

99% 101%

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109

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•'

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108

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3.1

149

—1965

stamped

Erie

1970

25

106

J-J

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93

64%

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x
1954

41%

102
9

23.

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M-N

1995

t

45%

J-J

1st gtd gold 4s__1990

City Term

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101% 106%

34

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,

J-D

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^

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i East Tenn Va

1 '/8

,

35%

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14

lv,%6;:

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84

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■

66%

■

Kentucky & Ind Term 4'As___—1961
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9

.

40

,

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1937

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96

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147

"

1

—

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& Mich

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Ref 81 impt 5s_

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;

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4

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Kanawha

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104%

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,

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—

63%

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,

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83

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:

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.

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,

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& Erie RR extl

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—1995

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Div

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2015

J-J

1947

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1971

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54
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101

55%

:

162

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58

106

'

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95

„

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108

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1975
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:

—

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j Lehigh & New, Eng RR 4s

A———1965

1943

of

J-D

1974
A Certificates

98%

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98%

J-J

1959

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99
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20

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20

20

28
•

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9

99

58

18
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71

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79

}

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20%

;

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1982

of deposit—.
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M-N

3%

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J-D

1956

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*3%

:

•

—

1956

81

79%

.

i

;

2'A

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:

9

4%

100

81

112

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69

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85%

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i f AGeorgia & Ala Ry 5s

J-D

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—1949
Oct 1 1945

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...

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99%

J-D

109

13

99%

J-J

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84

82%

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,1976

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.'

11

J-J

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99

1946

J-J

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75 Va

A Debentures

ctfs

ctfs A

Feb,

B

>Gulf Mob

& Nor 1st 5'As
B__„___1950
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1950

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A-O

1975

2015

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& Ship Island RR—

J-J-

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&

ref

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M

5s

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_1952

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20

70

11 %

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//

88%

68

44%

33

42%

51

52

53'A

45

48

57%

7,

M-N

29%

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29%

209

26%

37%

27%

27%

/16

28

36

•

M-N-

32=4

31'A

32%

112

29

40%

M-N

35%

35

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80

Ry ext 5S^—i———1951

A-0

54%

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15

A-O

66 Va

/

46

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./

f

92%
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101

-

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;

59
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..

..

*

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Hocking Valley Ry 1st 4%s
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Co

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Hudson

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s

f 5s

1999

J-J

1.1944
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3.1954

series A.

128

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128

•;

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76

103%

;

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12

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6

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45

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•

103% 103%

8

J-D

1949

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1957

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140

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20%

187

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•

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43

120

128

7
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''

Illinois

Central

RR—

1st gold 4s

1951

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Extended
1st

1st

104

1st'- & ref 5s series' B___

—2003
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trust

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lines

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A~?

85

|

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i

Unif mtge

St Louis Div 2d

trust

footnotes

101

South

.1960

see

page




24

104

109

106%

80

13

94

84
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86

94

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1957

>

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79

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.

—

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—

69

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1940

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.

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70

39%

49%

43

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41%

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30

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62

39%

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F-A

107

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J-D

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1953

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101

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45'A

1952

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98

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80

93'A

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—1955

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104

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J-J

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103 %

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&

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49

101

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85

.

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// 83%

,

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-

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103

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.—1946

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1952

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95

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106

88

88

1951

gold 4s

104

104

86%

95

A-O

:

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gold 3s sterling

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1981

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—

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I
Illinois Bell Telep 2%s series A

'/t

78

j Lou & Jeff

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,

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'

1966:
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42
'

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F-A

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1962

gold 5s._;

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109% 115

109% 109%

j

61

106%

93

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1st

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1951

104

117%

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98

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•

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i

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4s
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;

73

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5s

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;.

58

68

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.

68

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65

51

-

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,„_1969
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93

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1961

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.

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93%

132

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68

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1967

r 88

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j

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12

j-„

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91%

1977
1946

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80

8

mtge 4s series G

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109

80

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67%

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I
4%s stamped modified—r_—2003
t ;i. 4%s registered-it—-':
——2003

100

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85%

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>

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116

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1973

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1952

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•

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1961

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1947

Great

1st

69

16%.

J-J

..1946

116

98% 100
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1956

?

7

95%

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——1954

ref sink fund 5s

1
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94%

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i

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I

,

4%;
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80

67

/f

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70

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1944.

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78

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50

78

J-J

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96

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398

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96

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1951

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i

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,

269

36%
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M-N

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series A__..—1955

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362

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6s

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143

26

82%

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1

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2

26

23

105%

33'A

6%

M-S

1965

23%

38'A

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J-J

30'A

Kansas

Detroit Edison
>/
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5%

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A-O

1956

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7
-

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20»A

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J-J

36

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A-O

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A...July 1952
.—1956

25

A-O

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F-A

J-J

.

52%

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27'A
108% 108%

20

103% 103'A
d22%
27%

J-J;

*108%

::

21%

Aug 1955

series

6s

Alst 5s series B_^—
Alst gold 5s series C

104% 104%://
101% 101%

-

4-0

Paper, 5s series A & B_—1947

108

_1969

tr^
101%

A-O

1947

Hydro El deb 6s_———1944

55

>%

f§ADen & R G 1st cons gold 4s_—1936
§AConsol gold 4'/2s
——_—1936

1—1952

Internal

*—

57%

J-J

A Assented

4

*108% 110

i

105% 105%

J-D

1943

1st 4%s__1971

{ADenv & R G W gen 5s

24%

:,i^:24'7.>

i

95%

J-J

—

66%.

M-S

Nor 1st 6s series A.1952

AAdjustment

,■

1

M-N

4'As

56

llnternat

96%

Dayton P & L 1st mtge 3s
,.—1970
Union Ry 3%s series B—1965

Dayton

&

81%

40%

28%
96'A

66

81%

35%

28%

■: 79"

66

81%

30

28%

79

7

2

40%
.37%

28

1

54

.

I-/-'.".-."

62

80

16

.

49%

.

139

J-J

7

46%

43

43%

■//: 5

271/s

40

39%

48%

39%

38

:

45%

33%

27%

-,

41

a-q:

mtge 3S series F_.1961

; Interlake Iran. conv. deb 4s

94

*36

7.

6

17

.

43%

36

.

59

48.'

;

33%

33 y8.

:'C'

Delaware & Hudson 1st & ref 4s

mortgage 4%s_-—u—l

\

61

53

J-J

4s.———1950

(Inspiration Cons Copper 4s

„

1071/a 109%

.

1st

J-D

,

-

106

-

H'r' 57

:i4

:

.

/■/

95

61

83

12

v\

*79

f: \'

71

.

—

47
48

59

,38%' 49

.

,

J-D

Joint 1st ref 5s series A. —i—1963
1st' & ref 4'As series C-——1963

1

1st

J-J

T.'s-

" ,/■•

v

41%

46%

47%

F-A

jfAInd & Louisville 1st, gtd 4s.
1956;
Ind Union Ry 3'As series B—1—1986

108% 111%;,

33%

/,/ 27%
39%

J-D

—1955

110'A

D

Delaware Power & Light

58

40

47-1

-

48%

2;,:

63%

58

S'?i 41

J-J

322

81

*61%
\i

■A-

-

F-A

3

43%

'81

■

52

Jill Cent and Chic St L & N O—'
I

33%

-

'

—

1946

deb_

jjj,

27%

.

to

*—•:,/

.■

J-J

Springfield Div 1st gold 3'As——1951
Western Lines 1st gold 4s
1—1951-

37

108 % 110'A

7

■

100% 101'A

J-J

—

Curtis Publishing Co 3s

ref

gold 3s__——1951

37'A

;

93%
•

:.s—7

to——1946

v;M:i
/

110%

*108% 109%

J-D

-1952

extended

'Mil-'1"

J-D

receipts

ADeposit

1st

98

A

107

107% 107%

'■

A-0

1955

receipts
B

Div

St.vLouls Div & Term gold 3s..—1951
.Gold 3%s——...—
.—1951

57%

^

41%

J-D

J-J

231/2'.

9

54%

F-A

1950

80

4"**.),

7

110

i

M-N

—

A extended

ADeposit
A 6s

"=

31

96

109% 109%

110%

receipts——

series

s

'I,-

231/2

108% 108%

M-N
m-N

1942

1st 5s gold

RR

ADeposit
A7

/,

30

96

M-N
M-N

——_1950

receipts

ADeposit

•

/ *30%.7 32%

■\
I

101% 105 %

2

.

:

57%

J-J

Omaha

H

;%7

777'':7;';

'

1969

4*,

S A Cuba Northern Ry 1st 5'/2 s
>

,

107

105 % 108

16

31%

1.

Litchfield Div 1st, gold 3s.—.—..1951

106'A

103

7
13

——:

ilnd 111 & Iowa, 1st gold

mtge 3 'As——.—

1st

Cairo Bridge gold 4s:

M-N

,^^^.—1955.,
——.1966

Louisville Diy & Term gold 3%s-.1953

104

Power Co—

1st

Crane

31%

J-J

';7,;/,

■

Consumers

i

—I960

w'/7,-

A 103% 103%

103%

40-year 4%s

1,:

4

102% 104%

10

106% 107

J-J;
J-J

A-—-1956;'

8

104%

106%. 106%

-1-

u- '

■

J-J

1955

—

Consolidation Coal s f 5s—

"J

1951

deb 4s..—1954

non-conv

j

108% 111

<

102% 102%
104%

A-O

debentures

3'/2S

Refunding 56—

108'A 110
../■,,v/l

i

A-O ?

3'/as

A

.V:

\

1946

debentures

3'As

110% 110 %

'r<±

■

Consolidated Edison of New York—
3 %s

109%,::,

*__

J-J

Conn River Power s f 33/4S A——1961

i

119

1C5%

104

1077A

109% 113
41

4%

80
9

23

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4139

157-

Volume

NEW YORK BOND RECORD
Last

Interest

Low

Low

N*.

High

1951
1952
1979
1963

Sag 3%s

Lans &

Jack

<>

3Vis
—
Ref & impt 4 Vis series C
Michigan G'onsol Gas 4s_—
1st

gold

97%

56

56%

56'A

48

48

Low

1st

A

ref

&

50-yr 5s series

Sault Ste Marie
4s stamped-.*.
1938

tMinn St Paul &
v

?

8 A 1st cons

V

J-J., r\

§ Alst

consol

§ A 1st

stamped 5s gtd as to int__1938

1946

J-J

ref 6s series

&

A 1st

A

15%

J-J
J-JV
A-0

.-

2%

7.'

148

32 .'

4%

1%

1%
67%

:'

*98'A

41%'

,

V.

?

.1954

39%

33%

35'A

343/8

•6%

%

i

,

36
19

•..

;

;

A 1st

42

20

/ 21

156

I

A

A 1st

ref 5s series F

&

.1943

of

guarantee)
of

ACertificates

■

deposit

;•

ref

&

A 1st

of

& ref gold 5s

A 1st

-

.

'

36

A-O

~»-

•'

F-A

Monongahela W Penn Pub Serv—
1st

5%

~7

38%

A-0

—1965
Montana Power 1st & ref 3>4S.___1966 v.
Montreal Tramways 5s ext
1951
Morris & Essex 1st gtd 3'/as...—2000
Constr M 5s series A
____1955
Constr M 4 Vis series B__._
1955
Mountain States T & T 3'As
1963
Mutual Fuel Gas 1st gtd 5s__.
1947
—

A-0
J-D
W
J-D
M-N
M-N
J-D
M-N

94%

,?

1st

.87%

103

...

V

42%

4 l'A

42%

13

38

43

J-J

50%

48%

50%

83

44'A

54'A

J-J

66%

65%

67

300

57%

70'A

55

53

55%

87

48

59%

53

54

66

48

59%

110

110

2

108

110%

•

.

J-J

J-J '
F-A

j

M-S

,

•;

:'

U

109% 111%

*111%

'

—•

*101%

J-J

.1

J

82

,89

35

:.

32%

42% /

•

■

M-S

'•*

37%
35%

31%

30 VA

31%

■

7:^8
■.

,/ 47 '/

//■ 160

.'

102% 105

■

; 4

106% 1093/4

/:. .'V—

....1961

J-J

1962

J-J

J-D
J-D

N
..I960

Dairy Prod 3'As debs..
Distillers Prod 3Vis__

Nat
Nat

F-A
J-D
M-S

1978

series A

Chatt & St L 4s

Nash

1949

Af-S

1949
National Steel 1st mtge 3s_._____196t>
tANaugatuck RR 1st gold 4s
.1954
Newark Consol Gas cons 5s—...—.1948
{ANew England RR gtd 5s_
.1945
A Consol gtd 4s
-1945
New England Tel & Tel 5s A
1952
1st gtd 4 Vi 9 series B
1961
N J Junction RR gtd 1st 4s
....1986
N J Pow & Light 1st.
.
1960
New Orleans Great Nor 5s A
1983
N O & N E 1st ref & imp 4 Vis..—1952
New Orl Pub Ser 1st 5s series A..1952
3'As. sinking fund

1st gtd 4s

Orleans Term

J -J
J-J
J-D
Af-N
F-A
A-0

5s series

ACertificates

4'As

A 1st

V:-

A

18

101'A

20

103%

A-O

—1956

r69

1-69 V

69%

117%

117% 117%

13

123'A 123'A

?

.4.'

fM

76

117% 120'A

82

85% I

5

40

•

-

107%

105

72

2

— —

85

97 VA

*94

95%

—

84%

95

J-J

1st

M

"3

50

,

?44

52

23

•

5

d49%

57'A

37

J-J
F-A
A-O
A-0
A-0
M-N
J-J
J-J

1945
Y Central RR 4s series A
.1998
10-year 3%s sec s f1946
Ref & impt 4Vis series A—__—2013
Ref & impt 5s series C.
2013
Conv secured 3'As—
i———1952
Y Cent & Hud River 3%s__-__.1997
3Vis registered—__
—.1997

N

*47

49

r

53

-58'/a

37 •••■'

55 Vi

N

Lake Shore coll

151

",:v

/

5s .1949

MS

52%

51'A

52%

67 %

66%

67'A

ctfs D

J-D
M-N
F-A

1944
1952;

trust ctfs

1963

533A

•:■/

*47VA

.

49

•

,

Gen

78%
57

48'A

13

i

u
•

A-O
J-3
F-A
F-A

*,•'

A-0
F-A

49 %

"

N

N

5Vis

series A—.

—

N

N
N

N
N

4 Vis series B
N

Y

-1973
1943

—

L E & W Dk & Impt 5s

A-0
M-S
A-0
J-D

64'A

64 Vi

71

188

Peoria

Peoria

ANon-conv
ANon-conv

ANon-conv
ANon-conv

ADebenture
AConv

deb

99

Vi

•

65%

86

86

■

■.

111

111

.

587/a

58

56

116

111 :

,.

gold

4Vis

4%s

series

i'

v59

Electric

Phila

-

&

{AN Y Ont &
AGeneral
N

Y

■

ACertificates

West' ref gold 4s____1992

M-S

4s_;

1st

N

Y Rys prior

N

Y Steam

J-D

1993

gtd 4s__

A-0
M-N
J-J
J-J

lien 6s stamp..—1958

Corp 1st 3%s

1

—

For

1955

*

cons

El Lt & Pow 3Vis_____ 1965

footnotes




see

page

1963

...
*

24

*

.

N

I

'

of

95%

A-0

91%

91%

207

l%s

Petrol

19%

39%
37%

Series

18%

37%.;

Series E 3'As gtd

32%

313i

32 %

29

19 ,v.39%

32%

31%

32%

.-'4.7

31'A

30

31'A

13

37%

35'A

37'A

270

23%

48%

47%

49

106

40%

6i

Series

,56

3%

19%
19

165

36

90'A
6'A

105

.

40

6
'

2%

41%

-

1%
41 Vi

2'A,
42

-

■"■•13
22

Series

Series

9%

73

.

l'A
39

4

;

-

91

4%
•

'

2%

105% 105%

1

104% 108
103

i

i'

48%.

109% 111%

8

104%4

'

67

72%
63 %

37

58

56

79
16

104% 105
102'A 102'A

107%

D 4s

guaranteed..'

-

J-J

J

3

M-N
F-A
F-A
M-N
J-D
A-0
J-J

1963

Pitts

Va

& Char

Pitts & W Va

1st "4s gtd

-___1943

1st 4%s series A.

mtge 4'As series B
1st mtge 4'As series C__
1st

;

M-S
J-D
J-D
M-N

1958

553/8

67%

55%

64%;

1043/4 108
101% 1C5%
115

120

108

115

90% 105%.

96

65

110% 111

12

109% 112%

102 % ,102%

3

99'A 102%

96

94%

37%

36%

37%

131

24

38

20

20%

120

20

21'A

8%

266

5

12'A

8VA

*1043A 105'A

A-0
A-0

,

_

__

102% 106
13A

4%

3'A

3%

57

2'A

104%

2%

10

1%

2%

104% 104%

27

97 VA

104%

105% 106%

*105

107

110

111% 111%
*111

1123%

118

121

118

121 VA

—

*119%

—

104'A 104%

13

104% 109
104% 108'%

*104% 105%

95%

112%

111

•

*119'A

100%

112

—

*110

111%

108

111

*106 Ve

100'A 100%

29

99

103

95%

7

95

104%

95 VA

97'A 100%

*99'A 101%
*98

96

99 VA

52 %

53%

53%

25

52'A

64%.

53 VA

J-D

1959
.I960

76

110%

M-N

i957

guaranteed 4%s__1964

7 Va.

63%

102 VA

J-D^

mtge 5s series A..

47

107% 110

3

118

118

F-A

1960

4s

cons

;

3%

20

1953 :

guaranteed gold.
G 4s guaranteed
,
H cons guaranteed 4s
F

1945

37

*112% 112%

—

1949

gold

92%

*108% 103%

—

195L

81%

1103/4 113%

106'A 1073/4

63

3 'A

..1970
Gen mtge 5s series B_____
1975
Gen 4%sseries C___<__.—1977
Pitts Coke 81 Iron conv 4%s A....1952
Pitts Steel 1st mtge 4%s_________1950
1st mtge 4%s series B
1950
Gen

8%

1

106 Ve 106%

is

■

.

110 Va: 110%

106'/a

Seri

-*37%:

j

6%

118

5

71%

72 34

58

Pittsburgh Cine Chi & St Louis—

21 Vi -44% l

19

••

21

44'A

'A

*106%

M-S

;

Series I cons 4%s_

49

33

J-J v,
M-S
J-D
J-J

4

5

1

112

43%

44'A

M-N
J-J>

debs..

20%

89%

90 %
112

1962
...1937,

1st s f 4s
deposit

y3Va

95% 100%

1949

54

8%

106 VA 111%.

94%
122

95'A 1003/a

89

8%

deb 6s

Philip Morris Ltd deb 3s__

30

7%

19

88%
119

107% 108

108

J-J
J-D

•

31%

M-N

& Putnam

N Y Queens

102

F-A

Stamped

37

.

100% 105
86%

M-S
J-D
M-N

1971
1973

{APhila & Read C & I ref 5s__
i.

{§APhilippine Ry

103'/a,

ref 3%s._:

•;.->i

35%

1954

....

...

&

30

32'A

64

12

1961
1967

D

coll tr 4'As..^

1st

31 Vi

31%

32'A

{AHarlem River & Port Chester—
4s

101% 102

88%

96%

1977.
1981

C

107% 111

88%
*119% 122

42

95%

1974

series

107% 111

1

89 Vo

77

1980
1952
1943

B

1

108% 108%

107% 107%

43

F-A
J-J
J-J

'

.1956

ref mtge 2%s_

AConv
?

54% ,64
100

—

series

30

M-S
M-S
A-0
J-J
M-N
J-J
J-J
A-O
M-N

107%

90%

1956

Philadelphia Co

119% '
115

52

20

59,

*101'A

96

10013 103%

101

100 U

87

5

23

•

1023A 108 VA.

96

Apr

1st-series A 5s

5s

General

-103% 104%

54%

55%

13

89%

A-O

gold 4%s series C

General

106% 108% I
107% 109%!;

5
..

23

99%

98%

104

95%

1960

series B

4s

General

66%.-

71

7

1

116'A 116'A

J-D

—1947
..1947
deb 3%S
—1954 *
deb 4s____——
1955
deb 4s_
1956
certificates 3Vis....1956
6s
1948

...—.1940
ADebenture 4s_.
_________._,.i957
A 1st & ref 4 Vis series of 1927...1967
1st

■

Ry 5Vis.___1974

Union

Marquette

1st

J-D
F-A
M-N
M-N
M-N
J-J

1053A 106%

99

105%

100

101'A 102%

102'A

%

Apr 1990

ext

3'As deb
Phila Bait & Wash 1st gold 4s.

100'A

60

4
•-

109'A 109%

2

101% 101%
106%

108%

100% 105%;
103

—

*102

M-S

Phelps Dodge conv

99% 101%«
•

18

-

108'A

108

108 Vi

65'A

105
8

95%

1947

;

1st

>:

69'A *-

93

8

*..11

65%

.

96'A 101 Vi

2

99%

100'A 100'A
100% 101'A

A-O

RR—

deb -3 Vis

§ A Collateral trust 6s

.

4s

Pekin

&

Phillips
{N Y New Haven & Hartford
ANon-conv
deb 4s__.

1981
..1984

;

t

1952

4s

Eastern

&

AIncome

83

58

78

62'A

100 Vi

A-0
F-A
A-O
A-0

56

75'A

t

1023A 104%

—

100% 100%
•103%

•

77%

61%

A-O
A-0
J-J

1970

3%s__

1st

& St Louis—

1974
Ref 4Vis series C__
1978
1st mtge 3Vis extended to_.___.1947
6s debentures
1950
Y Connecting RR 3 Vis A
1965 /.
Y Dock 1st gold 4s
1951
Conv 5% notes
—1947
Y Edison 3'As series D___
1965
1st lien &r ref 3'As series E
1966
Y & Erie---See Erie RR ,
Y Gas El Lt H & Pow gold 5S...1948
Purchase money gold 4s_
—.1949
Y & Harlem gold 3'As
..2000
Y Lack & West 4s series. A
1973
Ref

deb

J-D
J-D

....*..1968

i

mtge 4'As series E

Conv

Pere

New York Chicago

71

98% 101
40

117% 118'A

*103%

M-N
M-N
M-N

1965

A__„

B_.

Peoples Gas L & C ref 5s

56'A

—r,

'/'■'

45%
44

series

series

gold 4%s

General 4'As series D

ji
49% '61% <;

./V 62

49

5s

79% t

t.

63%

49

52%

...

4Vis

General

Debenture

■

.70

67

5

General

;

593A

49

.

54

48'A

:

;.-:

49
-

75

70

48'A

53%
•J_

58%

14

58%

*107'A 108%
100%

J-D

1981
1969
....1974

:

Light 3%s_

debentures

V

-

54%

i

/'46

297

74'A
69

74%

42

483.
.

100

93

;.. tv

:>V656

V;.

5

105

100'A 104'/a

29

*117%

—

Power &

4Vis

593/a i

433/4

•

/// 22

47%

F-A

F-A

52

99%

F-A
F-A

V.50%
46%

1998
1998
—.—1998

registered

.

V 99 %

___1998

gold 3Vis

registered
i
Mich Cent coll gold 3Vis—_
3 Vis

3Vis

■

513A

67%

100% 101
57%

Pennsylvania RR cons gold 4s_..__1943
Consol gold 4s
1948
4s sterl stpd dollar..
May 1 1948
Gen mtge 3%s series C
1970
Cons' sinking fund 4%s
1960

"■"'■WVK"

47%

67'/a
101

A-O

4%s series B_£
Penna

>

k

38
,■

99 V4

105
2

1033/4

M-S

....

General gtd 4Vis

107% 109 3A

103 3A

F-A

Pennsylvania Glass Sand 3'As.'.
1960
Pa Ohio & Det 1st & ref 4%s A...1977

•:

—

*100

3

1033/4

1944

Secured 4s

V

.53'A

%

1083A 108 3A
*105

'

40'A -50 'A

47'A

47'A

n.

39

M-N

106'A 109%

,.1956
debentures

deb

Trans

Gtd 4s series E

56

39

47'A

d46'/a

J-J V

3

Broadway Corp—

Paterson & Passaic G & E cons

'53 Vi

34%
4'38

107% 107%

Pennsylvania Co—

57

37%

57

47%

:*47

Bridge Co—

106 VA 10934

.

J-D

f gold 3s loan ctfs__*. .1955"

s

Parmelee

.7

.45

.1966

•

Newport & Cincinnati

—

A-O

1960

47%

34

54'A

'..'A-0

103 %

F-A*

953/4

v.

;

8 3'A

.

36%

47%

-r-

103%

99

*92'/a

,_1955

Paramount Pictures 4s

■105'A 107% i

2

d48»A

v

99

5

.1966

& 111 1st s f

Guaranteed 3%s trust

F-A

4

10

102% 102%

series C_
gold 4 Vis.

-

72'A
*

mtge 3'As

Paramount

75.

80

Ref

107'A 110'A t

>9

40'A

40

—

109'A

103% 103%

Pacific Tel & Tel 3'As" series B

Paducah

77'A

6

22

79'A
40'A

50

109

1033 a

J-D

Panhandle East P L 3s B___,—

•:

>

-

106% 106%

47%

109%

J-D

1938

1

83 Vi

106% 107

.

111%

J-D

.1938;

74% I

5 6'A

•

4

72 Vi

83 Vi

40'A

92

110% 113%

107%

47

ill'A

111

J-D

«•

■t

72%

.

>

:

■75

109 Vi 109'A

79%

v'.61

111% 112

112

.1971

•120 % 124% i

77

*74%

F-A

ACertificates of deposit—...
1st 5Vis series A—
1954.
ACertificates of deposit

56

70'A

:

82%

*91

,

117'A 119'A

*68'%

107

107%

78% 101'A

1970

93

90

*117%

.

109% 112%
104

14

99%

99%

99%

5

.1966

103'A

102% 104'A

*91

72 Vi

."

99'A 101% *.

V. 6.

103'A 103'A

;•

100

—

—

C-_
..—1956
of deposit=#.

series D—

J-J
J-J
A-0
J-D
JrJ

A-0

ACertificates
A 1st

6

103% 103 Vi

J-D

series B._
..1954
of deposit.——

5s

-105% 106'A

103 Vi

Af-N

1935

{§ AN O Tex & Mex n-c inc 5s
ACertificates of deposit.
A 1st

A-O

-

1955 ■/.
1953

ref 5s series B——

&

1st
New

debentures

108'A 112%

—

25

.1961

103'A 106'A v

10614

101

tO

62% ,70

18

69'/a

68'A

—

106% 107

111% 112%

108% 108%

'111VA 116

105% 108'A

'•

109 VA 109'A

1st mtge 4'As ser A

102'A 105%

'

J-J

103

—''

-

100

11

*109'A 110'A

J-J

110%

107

3

106'A 106%

106'A

:■

■

Otis Steel

107'A 110

2

100% 100 VA

■

t

107% 1101/4
15

*104%

J-D

Guaranteed stpd cons 5s_.j_____1946

Oregon-Wash RR & Nav 4s_

__

106'A 108 3,

30

—

1964

36%
34%

■

*103% 105

M-N

1st 5s_..i__1945

•

107'A 1073A

•

■

J-D

F-A

Transmission

O

109% 109%

J-J

F 1st gtd 5s_____1943

Power N

•

—»

12%

4%

16

u
"'

4*1.:

•108VA

-

J-D

...

'

106'A 106%

106 'A

M-N

Oregon RR & Nav con gold 4s____1946
Ore Short Line 1st cons gold 5s___1946

43% i
'46% •'

29 VA

M-S

1946

37'A'
35

102% 102'A

•

.

.

10%

10%

J-J

1946

1

Ontario

106

.

Elec 3%s

Gas &

debentures

Ontario

\

5

87%, v

112

*.

3%S

mtge

Oklahoma

107% 1123/A j

■;, 22

4s—

mtge

1st

98% 104

5

103'A 103%

45 %

Q-A

1965
1967
1972
1966

1st mtge 4s

Ohio Edison

i

54

109

110'A 110'A
103%

73%

39

{§AOg & L Cham 1st gtd gold 4s_1948
Ohio Connecting Ry 1st 4s_.__.._.1943

■

5

66

60

O

j

4s

111% 111%-'

111'A

78

2

41%

39%-

24 3A

42

/.'77v';

27%

68

68%

38% r

21

80%

45

27%

393A

24%

%013A 103'A

,

73%

68%

1944

21%

92

43%

45

Av
96

__

71%

73 VA

4138

(Minn) 1st & ref mtge 3%s____.
.1964
(Wise) 1st mtge 3%s
'—

'

—1960

4Vis

intge

debentures

6s

*91

M-N
M-S
F-A

1938
Moh'k & Malone 1st gtd gold 4s_i._1991
Monongahela Ry 3'As series B
1966

107 %

48

;V :VA;

—

v;/

1967

;i" '•/ ';/ '7*7

t§AMissouri Pacific Ry—
3rd 7s extended at 4% —-July

114

99

States Power Co—

Northern

39%

77;';

1

106

*__

2047

39% !

34

344

VV

120

112

—

Q-J

.2047

25'A

'

36 Va

33

;

?

2 l'A

:V../' 83 'V.

36%

V" £.-11

'

--

106

■

—

Q-J

2047

383/4 ■:

.

*110'A

•'

Q-F

2047

11%

■'

•

"

1,057

—

35 Vi

39

39 %

'7'*.". -7' ' 'V'

■'

•

5%

33'A

•

'■'■■/: 128

'

43/3

100% 1033/4
119

2047

:

.23%

9

26

1997

39%

1%

„•

100% 104'A

2047

21 VA

7

1,025
"■v '712

i.//

36%

33 VA
■

*5%

M-N

1949

series H___*_1980

deposit
*
1st & ref 5s series I—
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A Certificates of deposit..—

A
,

35

.

of

ACertificates

323/4.

36'A

•

gold 5Vis..———

AConv

35

---

M-N

—1978

G
deposit

5s series

ACertificates

36% -Q

—

—

*

«

25%

11%

33

124% 128%

7

*115

A-0

■*

23%

21%

;

•

'10

36

M-S
i

deposit..

of

ACertificates

213

.

U

1975
-.1977

4s

7:/

36

7

*-.i- •;

deposit-.—

of

Certificates

AGeneral

35%

F-A

1965

33

31

9

A-0

.1997

37 VA

•

.

.7%

■183 V'

'

.'

34VA f

.

38%

23%

mtge gold 5s

3s

{Missouri Pacific RR Co—
A 1st & ref 5s series A

'

M-S

.1945
guaranteed gold 5s
(stamped can

A 1st

44% 1

24 %

<

74%

21%

{Northern Ohio Ry—

96-'A 100

77:73 7.

69%

103% 103%

"

M-S

'

1974

2% ;
68%

.

238

:r

•18

19

•

8
48

124'A 125
104
104%

125
'•

F-A

1974

30%

40% V

32'A

74%
30%

10 VA

17%

cellation

40%
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*

F-A

60%
"

30'A

F-A
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V 167

.

101% 104

103

29 VA

72'A

A-0

1949

17

.

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■

i-

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,

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.39

.7

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.

<

J-J

1996

3 VA

'29

.

10%

108% 109%

109% 111%

72%

1998

t

9%

;-.'10

1

*110% 112%

2014

:

.....

9%

■

27
■

93%

3%

161

Co—

17 Va I

.9%

•

8'A

103

153/4

110%

108

109% 109'A

J-J
M-5
A-0
M-N

■

18%

75%

86

7%

38

93A

23

*109% 110%

8%

High

29
14

10%

*80

J-J
.

Low

10

15

10%

10%

No.

31%

30'A

Range Since
January 1

Sold

High

♦11%

1961

:

v.,

Ry

4 VA

%

7-

15%

66 3A

RR 1st 5s__—1959
J-J,
1st 4s.,.
1999
J-D
Missouri-Ka-nsas-Texas RR— .V/
^ /; .-ylVVi .y'V
Prior lien 5s series A
.1962
J-J
series B
—1962
Prior lien 4 Vis series D,.
1978
A Cum adjust 5s series A—Jan 1967

16

15%
43/s

Kansas & Texas

40-year 4s

vi.

15%

15

~I%<

t A Missouri-Illinois

Mo

••7.

Norfolk Southern

9%

/J'!.*"
15%

15%

J-J

1978 '

series B_~

& ref 5 Vis

6%

.

■

1937
§ A2d gold. 4%s
1937
§AG?neral gold 55____,
;
^.1940
ATerminal. Jst gold 5s
,.-.1943
N Y Telephone 3'As series B
1967
f § AN Y west is Bost 1st 4%S
1946
Niagara Fails Power 3Vis
.*.1966
Niag Lack & Out Pow 1st 5s A...1955
Niagara Share (Md) deb 5Vis__—1950

J-J
F-A
F-A
M-N

Susq & W 1st ref 5s

Bonds

37

l'A

•

'

MS

—;——1949

5%s.__

25-year

A 1st

1938

—

"31'A

46

3

,

15%

J-J
J -J

5s

45%

18

;■

9

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2'A
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s

65

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9%

(

29

39%-- "-"'"17

9%

-■

.

,68

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—

.

■

38—^63

10

•

67

37

—1949..*MS
A_>-i962
Q-F

gold

ARef & ext

53

.;

27%" 27%

M-S "
J-J

1st gtd 4s__._i947
3Vis
1941
f A Minn & St Louis 5s ctfs.
1934

97%

104% 107

9

/

73%

93%

10
:

65

38%

38%

J-D

f§AMilw & State Line 1st

,'.

48

,

*61 VA

t AMilw Spar & N W

69
•J-.'

106% 106%

106%

A-O
J-D

tSAMidland of N J 1st ext 5s_——1940
t§AMilw & Northern 1st ext 4%s__1939
AiSConsol ext 4Vis
1
1939

75

*96

M-S
M-N
J-J
M-S

..

Thursday's

or

Sale Price Bid & Asked

Period'

High
AN Y

Michigan Central—

Last

Interest

Exchange

Stock

Week Ended Jan. 1

1

January

Sold

Sale Price Bid & Asked

Period

.

New York

Range Since

Bonds

Thursday's

or

Thursday Week's Range

BONDS

Thursday Week's Range

BONDS

New York Stock Exchange
Week Ended Jan. I

'

53 %

17

53

64 VA

52%

54

64

52%

64%

THE COMMERCIAL & FINANCIAL CHRONICLE

Monday, January 4, 1943

NEW YORK BOND RECORD
BONDS
New
1

York

Stock

Thursday Week's Range
Last
or Thursday's

Bonds

Sale Price Bid & Asked

Interest

Exchange

Sold

Period

Week Ended Jan. 1

Low

Young & Ash 1st 4s ser A—1948

Pitts

F-A

J-D

*101

No.

Low

*118

1977

High

J-D

1962
1974

BONDS

Range Since
January 1

New York

5s series B—

gen

1st

gen

1st

.

4%s series D

Portland

5s

series

Gen

C

—,

1st

Elec

4V2S

El

Potomac

1st

—1960

1950
1966

—.1977
5s

J-J

91%

93

119

Texas & Pacific
Gen

78%

Public Service El & Gas 3 V4s——1968

ref

&

1st gold

5s

5s

.2000

A-O

C

i_1979

A-O

67%

5

5s

series

5s

series D.___._____1980

107% 109

AAdj

...1964

Ry 1st ref 4s

1960

income 5s

12"

95 %

J-J

Tol & Ohio Cent ref & impt

V'-

*83

3

-

Toronto

80

Ham

Buff

&

ref mtge 3s

ref

mtge

ref

mtge

8s__

3-3

.—2037

J-D

5s

&

of Nor 111 3%s——.1968

Public Service

Purity Bakeries

1948

f deb 5s—

s

3-3

1971

M-N

1945

A-O

______1959

F-A

& Elec

1st

gold 5s

90

158

67%

90

Gen & ref 4%s series A___—1997

3-3

78%

78

79

37

73%

Gen & ref 4%s series B——.—1997

3-3

78

77

78 Vi

30

73

82

deb 3%s—■.—1956

3-3

102 Vi 102%

10

3s

82%

i

debentures..............^
Pacific RR—

Union

>
\

97% 103%

■

(Chic) 5s

Calif 3s deb

1967

:;.4Vv («■'■

Purchase money
Gen mtge

1st M conv 5Vis 1954

4Vis series C

101

M-N

1956

M-N

t§ARio Grande June 1st gtd 5s_._1939
ARio

Grande

A 1st

1st

36

101% 101%

9

58%

A-O

27

58
'

98

..-..1967

M-S

39

Gen

mtge 3%s series I—..——.1967

M-S

mtge 3Vis series J__

1969

M-S

108

t§ AR I Ark & Louis 1st 4%S—1934

M-S

JARut-Canadian 4s stpd

1949

3-3

1947

3-3

9%

33%

i§ARutland

RR 4Vis stamped

>

:

1944

i

Corp—

-;j"

v

,

St

Lawr & Adir
2d

14

2.10s

.....—Nov

A

Iron

1st

&

Pub Serv

1st

99

.....

*52

A-0

',

1

%

•V

55%

m-n

mtge 5s

•

76%

•••

•

^

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■

J-J

«

50

77

43

44

M-S

*90%

J-J

*73

75%

}ASt L-San Fr pr lien 4s A

..1950

3-3

..1950

3-3

28

92

..1955

ACertificates
lien

of

ACertificates
ACons M 4%s

18%

deposit....

series

5s

of

18 Va

19

264

18%

M-S

18%

13

19%

20%

207

19%

20

19%

deposit

series'A__„.___ —1978

ACertificates of deposit stpd

17%

20%

: >.

bond

4s

18%

19%

19%

18%

77% V
77 %

33

100

1 1949

M-N

*101

101%

100

M-N

*101

100

101%

1 1950

M-N

*101

100

101

10O

101%

A2d 4s inc bond ctfs

—1989

AGen & ref

75

J-J

65%

M-N

*101

11952

M-N

*101% 102

M-N

Nov

11953

M-N

........May 11954
1 1&54

May 1 1955

M-N

45%

45

10%

27%

25%

S

&

A

J-D

j

Vandalia RR cons g 4s
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'

Va

12%

76

.

Depot -3Vas B____ —1971

Pass

1st

V & N E

1st

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6s

cons

of

Shell

series B

Union

27

28%

F-A

4%

A-0

__1945

A

2%s

M-S

____1933

3s

Tel

&

debs

1935

F-A

1935

Southern

Colo

3-3

1961

Southern Pacific Co—
As

(Cent
4$

Pac

1952

South

'

Devel

'

•••

~4
9

99% 101

83

15

%

14%

1,126

14%

199

30

29

15%

15%

15%

13%
29%

15%

63

*15%
98%

98

1 -V:

4%
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5%

98%

24

103%

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109%

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80

73

89

94

65%

109 % 109%

82%

83%

76

105 Va 109%

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•

160

83%

75

,

84 %;

43%,

45

73

33%

50

34..

: 44 34%

Apr
'

34%

80

28%

39%

.

'-y

28%!.

24

26%:

26%

27%

3

—1976

F-A

26

26

26%

4-

24

27%

—1978

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25

25

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8

22%

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5

22%

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6

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15

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J

j

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i

f

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4

53%

55

234

73%

50

;s :

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58-

55%

413

57

46%-

56%

1955

1st

5s

52%

50 Vi

52%

575

46%

56%

93%

145

80%

93%

87%

J-J

70

3-3

69

69

92%

A-0

1956

A-O

19

82

A-0

92

..1996

3-3

J-J

1964

3-D

1968

J-J

ASpokane Internat 1st gold 4%s__2013
Stand Oil of Calif 2%s debs..
1966

Apr

40%

F-A
J-D

—

1961

_____1953

.

89%

142

72

206

60%

-72%

27

78%

91%

'

92

69

83

96%

83%

83%

6

78%

84%

89 Vi

9

79%

91

4

40%

104% 107Vi
17

102%

102% 102%

105%

105% 105%
104

104%

33 Vi

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110

^85^- :f;

84%

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97

84

94%

93%

95

12

93

\

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,

C

91%
102

guaranteed—

2361

y-

j-j

4s

$ a Wisconsin Central 1st 4s—
of

79

85

86v4
82

82%

M-S

1

125

41%

16

'

J-J

104

4

100% 103 Va

103
..

— -

51

37%
129.

12

'

.*

-1

35

9

34

108% 110% '

111%

105
12

13

13

-

51

9

3

■

^•

55

•

14%

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115

37

*107

.

95

106%

114
111

48

12

.

88%

~

14 y8

14'/a
f'

a-0

110% 114
5

46Va

j-j

4%s__.—1943

47%

37

*..

JAWor & Conn East

37%

89%

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;

■

'

•■■•

TO8V4
13
'

•

?

2

100% 102"%

1

8

103

8

103% 105%

j

101% 110

.

Y
Youngstown Sheet & Tube—

105% <

Studebaker Corp conv deb 6s

.t.1945

J-J

Superior Oil 3Vis debs

..1956

M-N

•103% 103%

2

1961

M-N

102% 102%

2

J-J

120

9

119

1944

F-A

105% 105%

1

1953

J-J

110% 110%

10

109

111

J-J

103% 103%

7

101

104

89

13

85

105

15

104% 106 Vi

19

104

...

1948

18

101% 102

101%

M-S

101

102 V,

101% 103% ;.

1951

Conv deb 4s

100% 103% '

Swift

& Co 2%s

debs

^

101%

101% 102

15

.

1st mtge s f

Coal Iron & RR gen 5s
Terminal Assn St L 1st cons 5s
Gen

refund

s

f

gold

4s

Ref & impt mtge 3%s
series B..1974
Texarkana & Ft Smith 5 Vis A.
1950
Texas Company 3s deb
1959
3s debentures
1965

Texas & NO

com

gold 5s




1943

F-A

89

87%

120

A-0

105

M-N

105% 105%

j-j

*10011

__

122

105% 108%

i
;

92% (
106 % '

09% 101%

M-N

...I960

r»

a

Tenn

3%s series D

Deferred

delivery sale

not

included

in

97%

98%

14

98 Va

year's range,
d Ex-interest,
not included in the years

e Odd-lot sale not
range.
rCash sale

included in the year's range,
n Under-the-rule sale
not included in the year's range.
,

§ Negotiability impaired by maturity.
tThe price represented is the dollar
pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.

tCompanies reported
the Bankruptcy

as

being in bankruptcy,

..

quotation per 200-,

receivership, or reorganized under Section 77 of

Act, or securities assumed by such companies.

•Thursday's bid and asked price.
A Bonds selling flat.

97% 100%

/'

the

No sales transacted during
'V

;.

102Va 105

103

:

103

m-n

85%

104% 104%

88%

89

'a--—"

—1968
Wisconsin Public Service 3 %s—„—1971
1st

43%

88

77%

!

100% 101%
37%
50

*109Va 110%

■'

,-v

deposit—

deposit
Wisconsin Elec Power 3%s

81

54

40%

47%

of

54

;

;

41%

•

.—1949

5ASu & Du div & term 1st 4s.—1936

87
83

101%

*101

*103% 104%

J-J

1st

—

25

41%

v

;

...I960

......

84

J-D

a-0

3%

38%

83%

43

—1947

deb

38%

20%

—

.

m-s

Conv

20%

54

■'

,

j-j

...1954

103

36 Va

87

v-'i

M-N

...2361

—

36%

34%

83%

j-d

;

100% 104%

34%

36%

.

m-s

....

*100 A-

•'

'

41%

,

112

36%

M-N

j-j

'

40%

y;.

m-s

Pulp & Paper 3s

ACertificates

109% 112% f

106%

4s

ACertificates

j

*106

105% 110

...1955

\

J

89 %

1st

Winston-Salem S B

i

88

91

40

107% 110

a-o

Wheeling & Lake Erie RR 4s.__ ...1949

;

93% f

69

118% 121%

108% 108%

Wheeling Steel 1st 3%s series B ...1966,;

»'

61%
88

92%

86%'i

105(4

119% 119%

Wilson & Co 1st M 4s A

♦

67%

'<•111% 112

J-J

89

87 %
1

►

...1951

70%

■;'

92
•

87%

..1956

gold 5s

C—

'if

J

87%

West Va

!

92%

8.7%

,

*106% 109%

...1943

ser

Registered

I

93%

6%'s.i.

3%s B_

West Shore

>

400

103

:

a-0

25-year gold 5s„———1951
—I960
30-year 5s
Westinghouse el & Mfg 2VaS
—1951.

|

46%

53%

'

1994

gold 4s

[

50%

69%-

..

V

j-j

t.>v Western Union Teleg gold 4%s_.—1950

68%,

52
•'

89

J-J

•

f

40-:,;-

-103

—1946

Pacific

: a5s assented

:

102

,

A.—1946

N Y & Pa gen gold 4s_

a Western

I

106% 108%

31

94%:
10314

.

V

123

—1966

Maryland 1st 4s
—...1952
1st & ref 5%s series A—....—1977

,

95

103

.

m-S

.—1967

Western

'

v

f

104% 106%

50%

F-A

1st 5s e—...1963

mtge 3V2S series I

32

103

3-d

j

103"% 108%

~4

30

83

3

13

103

*

F-A

...1950

stpd gtd

mtge.3%s__

38

94%

103

F-A •'

■

3-d

Gen

A-0

..1956

!1

-1

Q-M

West Penn Power

40%

*

r

94%

0

103

M-S

—1948

Westchester Ltg 5s

-f

123

123

A-O

—«—L955-

6s debs—

Washington Central Ry 1st 4s——1948
Washington Term 1st gtd 3%s„__ 1945
1st 40-yesvr guaranteed 4s
i„1945

98%

29

1st mtge 4s

'*-■

3-3

1950

M-S.

Warren RR 1st ref gtd gold 3%s._2000

M-N

_.__1946

A...

Standard Oil N J deb 3s
2% debenture

69

102 Va 104

90

72%

V.

M-S

/'

97% 100

72

55%
53%

6s__._

series

89

90

A-O

.—1971

5s series B_—

ARef & gen

Walworth Co

■15 ii

2

103% 103%

54%

Jlf-S

gen

3s

109% 111%;

80

104%

'

Warner Bros Pict

15 If

3%

3

67%

-

gen

ref

—

111%

#79

.

1958

4s series A..

ARef gen
•'

33

39

*105% 105%

M-N

gold 5s

Tel

97%
102

*108Va —
*110

.1966

5s

cons

tAWabash Ry ref & gen 5%s A—.1975

14%

100

107% 107%

3-3

1977

ref gtd 4s__.

1st

91

"

15%

5%
15

4

105% 105%
*

&

Bell

*108 Va
__

,

13%

102Vi 103
*

&

St Louis Div

93% 101%

M-S

mtge 4s inc series A
1981
AGen mtge inc 4%s ser B—___1991

14%

•-

39

Div

Southwestern

93

25

F-A

AGen

5

100

A-0

1981

1st

1st

1st mtge

!

13%

1968

3%s...

series

1955

gtd 5s_—_.__2003

...

1st 4s_

cons

15

98%

W

}

13

'

4s

98%

97%

>-

i

101% 104%

13%

__._.1969

gen

97%

98

J-J

"?■'

123% 125;

470

Mem

&

•

14%

Devel

1st

912i

___

14

3-3

Aug 1949

;

Ry 1st

&

97%

Va & Southwest 1st

'-"v. :-l

(Oregon Lines) A

Pac RR 1st

Devel

;1

.

Southern

A-0
F-A

12

27

A-0

"

.

94%

F-A

.

28%

1947

A...

Gold 4VaS__

'

100% 103%

93%

'

6%

14

1949

Term

*101% 102

93%

M-S

17%" f
101% 103% !

10%

3-3

...1962

coll)...

secured

100 Va 101%

A-0

1968

7%

33

F-A

Gold 4%s

10-year

2%

-36

A-O

.—1950

Gold 4%s

■San Fran

"2

306

F-A

registered

1st 4Vis

101

)

4%

..1979

6s

100 % 101 Va

*101

f

27

3-3

1941

-

Power

76%

28%

F-A

—1954

Tel~3%s

debentures

101

M-N

...1957

Virginian Ry 3%s series A

56%

4

14

Socony-Vacuum Oil 3s debs—1964
South & Nor Ala RR
gtd 5s.—_.1963
Bell

26%
26
-

M-S

ctfs_.

Skelly Oil 3s debentures

102

M-N

Ya

1;
']:

38%

.

15%

14%
•

deposit
6s

57 '

31

63

"

*121% 124

•••'•

A-0

2%s sinking fund debentures
t§ASilesian-Am Corp coll tr 7s
Simmons Co debentures 4s
;

South

—

A-0

certificates.,

Oil

I

1950

A

of

n

103 Va 103%

»-

1950

_

1st gtd 4s

tASeaboard All Fla

■

M-N

deposit.—.

series

ACertificates

t§AAtl & Birm
A6s

~6%
17

102%
99

——1959

§ARefUnding 4s___
Certificates

M-S

—1989

—

5s.—.

100

"

6%
16

:

..Oct 1949

§a4s gold stamped—

a

10

131

series A

Elec & Pwr 3%s series B

Wabash RR Co—

a

J-J

102

103

101 VB 102

*

ARef & gen 5s series D—1980

gtd 4s_

JSeaboard Air Line Ry—
§ A 1st gold 4s unstamped
a

16%

A-0

gtd gold 4s_^ —1943
Schenley Distillers 4s s f deb..__ —1952

Scioto

~6%

f-A

100
100

Iron Coal & Coke 1st gold 5s__1949
Virginia Pub Serv 1st mtge 3%S—1972

86

.34

101%

101% 101%

M-N

1

21%
24%

■

Union

Ar

—1941

Nov

...

25%

*81

J-J

Paul E Gr Trk 1st 4%s_i_ —1947

.

101%

{.
/I;

23%
22%

*

27%

gold 4S.1968

—

22%

11%

39

46

3-3

cons

....

11

11%

161

f

66

J-J

1st

100% 100 %

11953

May 11952

11%

22

85 %

—1952

f §ASt P & K C Sh L gtd 4V2S
Paul

84%

..Nov 1989

St Paul & Duluth

fASt

!

85'/a

gold 5s series A__ —1990

SAlst term & unifying 5s

St

M-N

*99%

46

95%

55

623

19% '

l

.

certificates

100% 100%
102%

United Stockyards 4%s w w_._____1951
Utah Lt & Trac 1st & ref 5s.
..1944
Utah Power & Light 1st 5s—i._—1944

JSt Louis-Southwestern Ry—
A 1st

*99%
*101

Nov

2.65s

67%

105

M-N

-.-....May

...

2.60s.

60

,

79

;;z V--:

20

B.__

2.55s

107%

69 Vi

80

44

'

..1959

APrior

.

96

1

.

M-N

*40

1

& P 5s stpd

St L Rocky Mt

106

69

90% 100
104

..

M-N

Nov

...

2.45s

•>.'

91% 100%

"l

106% 106%

3-3

—1996

§Riv & G Div 1st gold 4s-__- ..1933
ACertificates of deposit

L

*98%
'

.; -

*103%

May 11950

.1...

2.35s

Southern—

*ASt L Peor & N W 1st gtd 5s_. -.1948
St

A-0
3-3

gold 5s__... ..1996
...

Mtn

<

...1947

86

11943

Nov

—

2.20s

5%. 10%

'

gold 6s—

St Louis

1st 4s

18

99%

May 11949

...

.

2.50s

Island

94":

•

—May 11943

1.125s

•'2.05s

9 Vi

103% 107

93

99%

M-S

99

99'

102% 106

;

93%

99%

■

95%

95%

5

22

*106 Va —:

A-0

107Va 111

21

•'

Steel

2.15s

4%

,

101

debentures

1.00s

10% : 22%

11%

96

22

97%

105 Vi 106

'

106% 108%

17

10%

States

Serial

109%

82

9

RR & Canal gen 4s_._

United

f

6

99 % 103

5

97

96 Va

106

.

U N J

•

Jos & Grand

111%

5
12

96%

M-S

'

St

106%

108

7%

107 Va 108

;

97%

3-D

(Del) 5s______._._l353

■1'( '2.40s

Saguenay Pwr Ltd 1st M 4%s__....1966

92%:

105/

100% 100%.

A-0

{

1

22%

108

A-O

M-N

United Drug Co

109% 110
108

100%

3-3 "

J1970

j

64

12

7%

.1941

39

109

20%

111

7%

United Biscuit 3 %s debs__._._..._1955
United Cigar-Whelan Stores 5s_.__1952

129%

21%

90%

81%

,

102 % 102%

1

55

*110

Gen

|

63

171

*110

3%s series H

j

101%

58%

M-S

106

*110

P.

J-J

35-year 3Vis deb
.......
1971
Ref mtge 3%s series A__i_..__.1980

"

100% 104% ..i

27%

26

1977

Gen ,mtge

100% 104%
100% 106 %

*60%

3-3

A_—.1949

Roch Gas & El 4 Vis series D_

33

*100% 102

J-D

gold 4s„1939

coll trust 4s

&

cons

West

101%

104% 105

M-N

Revere Copper & Brass 3Vis—.I960

80%

99% 101%

^

1st & land grant 4s—;
34-year 3%s deb

___.

101%

2

12

U

105

Union Oil of

F- A

22%

..

106

108% 111 Vi
103

88

Republic Steel Corp 4%s series B..1961

87

90%

*116

3-3

90

Rand

12

98% 101 %

90%

.

M-S

1953

A-0

Remington

233

—

221%

R
Reading Co Jersey Cent coll 4s_—1951

21% .22%

1949

Tri-Cont Corp 5s conv deb A__

216

104% 104%

104%

43

*100% 101

Trenton Gas

110% 110%

__

102% 104%
47%
63

143 % 144%

*105% 106

A-0

69

63

86%

105% 106%

225

69%

58%

*100

.

J-D

108Vi 111

105% 105%
*215

.

57%

30

J-D

t§ AUnion Elec Ry

M-N

—1972
2037

&

...

A-O

Union Electric Co of Mo 3%s__

1st &

1st
1st

64

68

"

3%s__1960

1st 4s,—_—195Q
1st gold 4s._1946

Tol St.Louis, & West

8%

V

80

*109V4

,

..

70%

68%

61%

21%

J-J

58 V4

*102% 106

.

,

44

66%

•

63

A-O

1943

High

98 Va 102%

68%

96~"

86%

v-V'.-T'- ■■>5%"1 7%'

..

J-J

Jan 1960

§AThird Ave RR 1st 5s ext...
95

M-S

Low

11

67%

68

J-D V

ref

No.

101% 101%

68 %

ref

Range Since
January 1

Sold

High

66%

1977

&

Third Ave

101%

3-D

B

&

Bonds

Thursday's

or

Sale Price Bid & Asked

series

Tex Pac Mo Pac Ter 5%s A

93

105% 107%

108% 108%
95%

Last

1

Period

Gen

106 Vi

M-S

4s__—_—1956

Terminal

120

—

M-N

t A Providence Securities 4s__——1957
f A Providence

108

118

*106

Interest

,

Low

F-A

mortgage 3 Vis—

Pressed Steel Car deb

91%

J-J

3'As..

M

:

Gen

J-J

—

1st

Pwr

107

M-S

——1951

1st 5s extended to

Thursday Week's Range

Exchange

High

J-D

1st

Stock

Week Ended Jan. 1

.

,

current weekv
...

25

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4139

1.57

Volume

NEW YORK CURB EXCHANGE
in

extensive list we furnish

following

the

In

the week in

Saturday Dec

daily reports

•

.

York

Last

Exchange

Curb

Sale Price

Week Ended Jan. 1

Wire

Acme

Air

Associates Inc

Aircraft

"5

—1

(N J)„.

Accessories

Air Investors

Alabama

$7 preferred-

preferred—...

SB

Jan

6%

5

Dec

8%

Feb

1%

200

1%

Jan

2

200

•

"1%,

1%

1%

83

Mar

■

107

Feb

1

93

50

79

Sep

97

.Jan

«

2%

100

~3%

-

,*

3%,

3%

•

%

Allied Intl Investing $3 coirv pfd.
Allied

Products

Class

A

241/2

..—10

Goods

Aluminum

103

106%

105% 106 %
13'/2
13%

Industries common....—
Ltd

Aluminium

Mfg..—..—...•

common

.1.

American

Board

Box

:

—._10c

B—

American

Oil

American

May

4%

/;50

90%

.100

12%

Cities

American

Class •' A

American
B

14'/2
I414

A

warrants..—

Fork & Hoe common——*/
Gas & Electric—.
i_10
preferred———
.100. :
American General Corp common—10c
$2 convertible preferred———1J,

Laundry

Light & Trac common.—25

20

Mach

preferred——

6%

American

Mfg

Preferred

Potash

American

Seal-Kap

*

Thread

American

Writing

Anchor

5%

preferred

Arkansas Power
,

Aro Equipment

A

Oil

Associated

Electric

American

7% Mar
21

.50

26% July ;
26% Nov

18% Mar
Jan

A

Jan

85

■<

A

Xl8;

Aug

175

39-

May

4%

800

;■

Feb

6%

2%

%

>

t;

A Jan
33%

2,800

1%

.

%:

200

100

97%

.95%

97 %

Line

Coast

Rayon

;

:

Atlas Corp
Atlas

Automatic

91%

160

Apr

'

103 y8 Jan

jj Sep

r

1%

Apr

9

90

class

■'

/
I

;

; '

Barium
Barlow

$1.20

Co

Stainless
&

3%

3%

3%

A

.R,
Iff

Beau

Beaunit

,

.

Iff

.

'

a'a

NOV

5%
:

Bell Tel
Benson

of
&

Jan

Convertible

.'1

414

'!

3

Jan

-

Sep
Feb

Bickfords Inc

$2.50

July
35% Oct
4%

»

NOV/

•% Mar
5

1%

7 '

19%
3

Jan

Blue

$3

Ridge Corp

20%

For

footnotes

Ohio

page .29-,




Products————1
1% pfd
100

Steel

& Light

West Utilities——50c

Cherry-Burrell common—
5
Chesebrough Mfg
—
-25
Chicago Flexible Shaft Co——5
Chicago Rivet & Mach——————4
Consolidated: Mining

f

$6
60c

*

preferred—
preferred B..
preferred BB

Dec

Cities

5%

Sep

preferred
City Auto Stamping
—
City & Suburban Homes—

Nov ,v

$6

28%

Jan

Controller

Claude

Neon

Jan

103%

Jan

.

Mar

8 %- Dec
7 ■■■;« Dee

4%

;

Electric

1%

3/4

Dec

7%

Jan

Jan

4%

Feb

Coal

8%

Feb

Apr

22%

Sep

6% May
1% Jun

11%

Oct

Colt's

Patent

Fire

preferred.100
Columbia Oil & Gas__
1
Commonwealth & Southern warrantsCommunity Public Service
;
25

Jun

Community

Dec

Compo Shoe Machinery—
V t c extended to 1946—

5%

9%

15-

Dec

5,000

2%

275.

Apr

9%

Dec

%
39

550

Mar

& Coke Secur common

Jan

Conn Gas

Sep

Conn

8

Jan

Consolidated

5

Jan

Consol G E L P Bait

Jan

series B preferred
4% preferred series C
Consolidated Gas Utilities—

Nov

40 %

Dec

Apr

40

50

40

Apr
Apr

12%

11%,

12%

150

3%

Jun

6,

1,000

July

11

Nov

:

6 ::

% Apr
4% Nov

Telephone & Electric

4%%

Biscuit

Corp.

Co—

Jan
Feb

3% Dec
55

Feb]

4%

Dec

52, Jan
82% Jan
82%
4%

Jan
Jan

6% Mar
15

Mar

%

Feb

850

5%

6%

3,000

4% Sep

6%

Ap r

6%

7

300

3% Jan

7%

Dec

1%

1%

1%

100

1%

Dec

21

Sep

% Mar
3%

Jan

Mar;'

5
35

Jan

4% Aug

6% May

..

7%

Apt

% Mar

2%

Nov'

Mar

4%

Dec

May

2Va

Jail
Jan

46%

50

1,350

46 %. Dec

22

24

72%

24%

1,050

15% Sep
% Apr

34

%

U

Va

8,300

1/64

1/128

1/64

39,900

14%

14%

%

14%

A

1/256 Mar
13
Mar

600

1,350

7%

1,700

7

1

"2%

2%

2/8

6,200

1

39a

2%

_1
57%

2%

1,200

55%

57%

2,777

110% 111
103

2%

230

101%' 103

150

2

2%

1,000

Jan:

1%
A
18

Jan
Nov;

Jan

Apr

Jan-

Oct

A

7%

1

14

Jan

5,900

7%

100
100

i\

%

28

1
•

common

Dec

:

30%

•A

9% Mar

.

39

1 Va

A
27

20

4%

4%

1

Water Service

10

16%

77
77

.

77

.100

Columbia Gas & Elec 5%

Mar

6,700

2%

28% Sept

25

Arms

37

1,000

100

Sep
Apr

i. 1

34

3%

1,150
.

27

6,050

117

10%

4%

4%

6%

Dec
Jan!
Jan

65%

Apr

2Va May

1%

Jun

% Jan

12,400

T

Aug

Nov

4%

:

A 53%

51

51

9%,
3%

1/8

Mar

4% NOV

8%.
3%

Dec,;

83

A Mar

warrants——a—

30

3%

600
700

-

2

34

5%

A

47

2,600

101

___*

;/x4% Feb

1,600

40

com"!•

150

1%

30

Dec

100

5%

4%.

112% 113/4

%

65%

-

Apr

4%:
10%

,;70% Apr

1%

2,500

8% Aug

200

A

Jan

..

4

-

6% May

4%

3%

37%

79%

Co

3%

350

2% Mar

"9% A

5%

Jan

%
13
'

350

•

29

Utensil Co.

3%

6,000

.5%

Jan

107

7% Dec

-

Dec

8

■■

1%

Plow

2,900

A

400

Dec

87%

85% May
'% Dec

V.

4%

Aluminum

Cockshutt

8%

10

5,900

111
,

Jan

65

65

6%
—

7%

37

7%,

7%

,'A 7

2,300

—4

Corp

Colorado Fuel & Iron

21

100

7%

Oct

Apr

.72 % May

—•
common...——;.*
Cohn & Rosenberger Inc—
—•
Colon Development ordinary.
Colonial Airlines
———1
Club

Dec

.

,:/•%/.:

:io

NOV

9% Dec

6

.

77

Illuminating—

% Aug

3%

A :v;.;8Ar/
a

/

250

78%

...1

Inc

6% May

100

5%

1,000

.

Dec

Jan j
Jan i.

3%

2% May

,

Dec

14

Dec

"i%

*

Mfg—

2,200

2,100

2,300

7%

4% Jan

.13% Jan.-

HI*'

Co——.———.. ...1

Lights

8%

38%

100

3%v,4;

$7 preferred..

Service P & L

$6

150
4

'II*
I—*

i—.——.x

37%

3

7%

3%

Clinchfield

25

n

5%

111%

Apr

4% Feb

.4,100

87%

8

8

"%

9%

Cleveland Tractor common;

*

■■

.10

Oct

22%

38%

Jani

Apr

90

.100

Jan

22%

lO^'a

8%

;

85

87

...1

...

-"16%

2%
.

500

%
9%

Apn

6% Apr1

99

6

preferred.,

Jan

7%

"■

20;

42

35% May

14

Cities Service common..—...

4%

300!

7%

%

8

5%'

Childs Co

x4%

U

9%

9%

8%

Oct /

33%

1

•

Feb;

90

6/a

Feb

900

36

30

2%

Jun

4%

37

105%

NOV!

%
12

5%. Oct

6%

27% Dec

9,500

2%

4%

100

2%

Cleveland

29%

3%

9%

Oct

134%

-May

8% Jan

6%

£

Apr

17% Dec

•

see

Apr

A Mar

125

2%

H

4

4,500

3%

•

Mar

5,500

105.,

A'rcraft Co.———

Clark

18%
2%

common...;.—II—1

2

xl9V4 May

of America—
...1
& Elec com——*
7% preferred.100
New York Power 5% pfd—100

Jan

19 'h

100

28%

1

1% July

Jan

10

I'ff

Corp

May

13

175

280

4%

___1

optional convertible preferred

Dec

Apr

1%

1%. ;1,100

9%.

Chief

Dec

29%

•

common

3%

121

Jan

Feb

*

(E W)

2%

iff

Dec

v

414

16.

5

>•

12% May

•

;

700

% NOV"

/

Aug

3%

37%

5

100

common

Dec

3%

18

*
10

1

preferred

1%

1%

•
—1
1'

1

Birdsboro Steel Fdy & Mach Co
Blauner's common
Bliss

*

4 Va

2% )VIay

20

Berkey & Gay Furniture

IZb- Dec

% Mar

1
Chamberlin Metal Weather Strip Co._5
Charis Corp common
———10

Nov

2% May

10

preferred

100

Hudson Gas

Power

400

15%

1

—

A July

1%

3%

preferred—*

& Co

& South

3,000

3%

,

common.

Jan

38%- 38%

(A M)

Central

109%
1

Jan

22;
•

900

371/2

*

-1

Canada

Hedges

% Aug

Sep

A

-

'

common..

Central

%

,

Mar

700

2%

2%

..5

Aircraft Corp
Bellanca Aircraft common

tl Dec

,

1%

common:

Dec

67

y2 Oct

3

7,100

16%

4%

3'4

Co

% Feb

-

% Mar

200

5% 1

-1

Beech

300

—

(J W) Co common.
Products—

Central

'

2%

$1.50 convertible preferred

■A:v.% Jan

Central Maine Power

Jan

13

2% Mar
.t;

V 200

-1

common

200

A

—

Castle

Central

"Ludwig"

Mills Inc

Dec

Dec

% Aug

A

^

•

—

A

—

Corp

Carrier

Catalin

300

4%
■

class

Co

&

Clayton & Lambert

Brummell Ties Inc..

Jan

%

300

%

3/a

1

preferred

$6

Dec *

2%

.1

Refractories Inc

Baumann—See

V8

20%

%

—*

voting

non

City Products:

Capital

Nov

"

Basic

x"%

2% Aug

4% Nov

15%
2%

com—10

common

12

8 % Mar

11% Aug

2% Mar

6

2,300

'/,//

29

51/4'

514

1

Steel

91% Jan

61% Sep

1,300

Zx,/
preferred———.—.———100

Carter

'

Seelig' Mfg—

convertible

9%

9%

2.50

Deo

9%

106

common

Jan

3% Nov

Jan

60

19%

for

1,600

76

Oct

15%

5% Aug

22%

Jun

.

—

common.

9,100

J

Apr

Jan

Jan

.30

Rubber

11
84

10

Oct '■

4%
42

Jan

3"%

;

—..5

preferred

Dec

2 %

4%

B

1%

35%

—.———•

voting—.

Casco

Nov

Baldwin Locomotive—
Purchase. warants

200

15%

6%

300

5%

5%

y.

Babcock & Wilcox Co

.

Apr

38

25

A

900

•

Baldwin

10%

Oct

14%

Jan

4%

11150

participating preferred—
Industrial Alcohol—

1,000

400

.

•

A

11%

Dec

;

11% July

£1

Collieries..

37%

100

.

Oct

Class B

%• Nov

4%

_•

Tobacco

13%

% Sep

% Jan

6,100

Jun

Carman

1% Nov

Apr

5%

Voting. Machine—..—.*

Ayrshire. Patoka

13%

Oct

80

May

;

Carolina Power & Light $7

%

"91/4

Avery (B F) & Sons common
—1.5
6% preferred....—_—.25
Axton-Fisher

5

Aug

6%

Jun

19

Jan

6V4

4%

Products————

1%

■

300

5%

5%

12%

77%

Dec

-

300

9Vi

Plywood Corp

Automatic

Jan

7% Jan

6%%

1%

18,500

■5%

...

Nov

2

1/4 Feb

Assn

Insurance

9

...5,100

4%

4%

—

Dec

1%

Jun

Central

Forge common

•

Carnation

75% Aug

28%

warrants

:

Apr '!'■

11/4

8%

.50

Drop

11%

100

\X.

12

.%

—

2%

Nov

1%

i/i//

Corp———-.1

Atlas

Jun

6%

77%

7%

*3% NOV
/ 27/e Jan

J. • ■}'$ Jan
f; 7% July

.

•

—

Dec

1.000

1%

1%

""%

Canadian Marconi

2% NOV
'

.

Jun

1%

<

Co pfd—100

Co.

Dec

13

5
pfd—100
Canadian Car & Foundry Ltd—

Class B

Dec

8%

1

1

: i vb

Atlanta Gas Light 6% preferred—..100
Coast Fisheries
1

Atlantic

14%

Oct

100

11%

:

mil

certificates

trust

Fire

Class

Jan

61/8

r

Apr
Jan

:

2

200

8%

1%
8

Atlantic

Atlantic

Mar

Feb
Jan

Oct

1

Apr

1%

.

3,800

2%

2%*

/

5%

Tel & Tel class A.

Birm & Coast RR

"5%

50o
50c
'
Am dep rets 5% %
pfd.—...—— £ 1
Caiamba Sugar Estate
....—....20
California Electric Power
10
Callite
Tungsten Corp
1

Cessna

Atlanta

31%

1

Wireless

&

7 %

Jan

2%

Apr

2%

2

"2% "2%.'

Associated Laundries of America... —*
Associated

Jun

Canadian

61% Mar

r

1% Mar

-

.

800

61 Ye

59

5

...

1%

—1

—.25

—

Sullivan

&

Canada Cement Co Ltd

Industries-^-

dep rects reg

14%. Jan

% Mar

U%

—£1

preferred
Burma Corp Am dep rets.—
Burry Biscuit Corp
—12 %o

Camden

Dec

27%

Jun

500

4,000

..1

—.

Nov

$3

Inc

Voting

13% Nov

•

Apr 4

100

,

6

__.__._1

„

Refining Co.

Breweries of Canada—

Associated

18% Mar

i

2%

2%

•
10
& Light $7 preferred.*

Corp..

&

-

11

x30%

83

preferred...
preferred

Hill

Cable

Apr

6,200
20

55%

Cable Electric Products common

*- Jan

2,600

47

•

.

5%

"2%

non-voting—

Art Metal Works common..

Ashland

18

.

—

•

Nov

22

■

Oct

11%

••••

Jun

8

43%

40

200

42%

500

10

43%

«

t\

3/2 Nov

Apr

:•

34,200

•
100

pfd

Jan

-104

300

:

Jan

%

Canadian Industries Ltd—

Arkansas Natural Gas common.—•
class

»

2'4':

591/2

—2

Appalachian. Elec Pwr 4%%

preferred

11

5%

—5
*

Paper common

Apex-Elec Mfg Co common

6%

;

200

2%

Angostura-Wupperman ———....1

Common

Dec

...

3%

% July

-

—*
.*

—

Fence——j.—

Post

•

common..*

$6

American

33

24%

>

18%
46

.—2#

preferred—
$6 series prefer red..
1st

27 % May

A
20

..—_——10

common

Superpower Corp

American

100

79%

Co.._—1
*
.*

Republics.

American

31

25%

24 %

Chemical———.*.

&

24% May

33

25%
24%

American Meter Co..—

American

125

Apr

82 % Mar

100

...——

Maracaibo

American

1% May

20%
121/4; 13—.

25

...

common—..100

Co

1,900

i 29.;,

Apr

1% Jun

20% Jan

X

1,050

20%

13

,13%

13,400

:

60

Jan

900

■

Nov

31/8

12%' 13%

20%

American
American

,

12%

19%

33

12%

Jan

10% Apr

1st

Burco

July

94%.

2%
28

Hard Rubber Co—....—25

A

$5

...

Line

Pipe

Bunker

A /• 41% Jan/.
;'/// % Dec /

28% May

300

Dec

% Nov

36

July

7,400

.92

3.

...1

convertible preferred

; $2.50

/ %

/■: 12%

18%'

19'4
93%
•v.-

A

.12'

Jan
Dec

2% Feb

Niagara & East Power—

$1.60

Dec

17/4

.4.V.;

A Sep

/ 8,700

-

'12

4% %

39%

8%
22

May
1% Jan

—£1

Co common——..

(E L)

Buckeye

Feb

17%

Apr

38%

39%:

Dec

10% Nov

'.400

•

11V4

Bruck Silk Mills Ltd

6%

Apr

4

7,800
35

American

American

4%

15%

%

/American

/,

Bruce

Oct 1

Jan

650

15%

14'4

Cyanamid class A
—10
non-voting.——;_L ....10-

American Foreign Power

4%

450

151/2,

25

Oct

12

Jan

52

IIIIl

———

Dec

Buffalo

—25

A—;

——

Dec

19

1,200

-

%

%'

12

Rubber Co common

80%

1

,

common—

preferred

13%

Jan

1 i

Class B

Class

300

6'4

6%

6'4

1%

Jun

46

Dec

A

7 Vz Jan
65'%

$6

reg

preferred..—.

A

Brown

A July

50

1

class

Convertible
'

Light—

&

Power

3

50

22

„10s

Forman Distillers—

Brown

%- Nov

Feb

dep rets ord

/; Class

4/ 5 Vb Nov

reg—.....

Fence & Wire

Brown

Dec /

24 % May

:V

Jan ;

%

-' ,400

78

%

Sep

3%

500

131/4

78

13 »4

preferred..————J——*
prior preferred...
I—•
American
Central- Mfg.L———1.
$5.50

17,900

3%

%

May

Celanese Ltd—

Amer

Nov

104

Jan

ord

rets

dep

British

89% Dec

A Apr
w.

Am

Sep

7

:

dep rects ord bearer......

Am

Dec .;

13%

;

Apr
Sep

300

$3

7

Sep

Tobacco—

65%

:v-

A

4%

1,600

—III_*
-Z*
Co.—.—

A..

British

American Capital class A common..10c,
class

3,700

3,700

"2% ~2%

—...

British

•

Common

common

Jan

50

IVs

"4%

•

Class

Co

Dec

19

common..._1

Co

Mfg

■

1%

~2%

——II*
:—III 1-100

107%

12

200

lV *■

iff

Brillo

'

•'

3

Dec
Mar

A Sep
3% Nov

A May
1 % May

>%:

Dec

'

7%

5% May

800

7%-

Dec

34

-—100

——

preferred

7%

.

Dec

900

11%

22

——..

B

114%

Co.——.—...—100

Book

American

X

-

Dec

A

3%

~1%

—

class

Corp

Class

24% Dec

;

;..r
*

Apr

78%

•

1,100

103

103

100

preferred

6%

American Beverage common

May

common—.—

Aeronautical—.—..

22

100

.

7%

Bridgeport
Machine——
Preferred
Brill

' Dec

26

,

.

i

.

11%

7%

Corp

47

%.

%

11%

1

99% May

800

5% •:

514.

20

v! 1,350

86%: 87% 4

87%

_•

;

106%v'':

103

——.——100

Aluminum

25

24%

24%

Co common—.:——•

preferred

6%

___—_.

common—.—.— .—25

conv

Aluminum

;

(Mich)—

Sep

.

Dec

1%

Jan

17

250

25V2

24

3%

•V—...—

Traction Lgt & Pwr— III—*
...

May

2%

2

—100

33

200

6

A

....—....

3%

30

23%.

6

Bridgeport Gas Light Co

3% May /

Jan

% May

500

: r

23%

6%

1% Mar

100

47

common

preferred:

Brewster

Dec

Sep

91

93

1% Aug

.

70%

ZZlr

Investment

Breeze

89

-

1st preferred

Brazilian

40

200

w.'v

.25

22

High

Sep

4

400

3%.

3%
47

...

Low>'

5®, 8

—;—-..100
...

Range Since January 1

High

5
•

Inc

2d

$5

v

A Jan

Low

5%.

Scrymser Co..

7%

102

70%. 71%
102

"""•

1,000

'

Dec

28

1/64 Nov
% May

Shares

& Co..

Bowman-Biltmore

Oct

2

July

19%

100

5

1/64

V

,

.

for Week

Co common

(H C)

Bourjois

2»4 Sep

12 May

200

>

28

Borne

/

(S)

1st preferred.

7 %

Dec

3%

1/64

—

Fisher Inc common--—

Alles &

4

{28

.—.50

Southern—.—

Great

Power Co

Alliance

100

——.

Electric Appliance——"1—3

Air-Way

2,000
600-

1%

preferred—....—10

Alabama

4% Jun

!

51/4

1%

„

common—— .—2

Convertible
Warrants

'■

Oct

4%

4%
,

...50c

Corp.—

Dec

5%

5'4

—^5

Mfg common——

Bohack

21%

414

4%

1
Ainsworth

Blumenthal

Mar

20

Range
of Prices

Par

Feb

22%

Dec

16

150

1614

%

;, J 16

1

Supply Mfg class A——.—

Aero

1614

10

Co common

Last

High

Low

Sales

Week's

Thursday
Sale Price

Exchange

Curb

Week Ended Jan. 1

Range Since January 1

Share*

High

Low

Par

STOCKS

New York

for Week

Range
of Prices

f

■

Sales

Week's

Thursday

STOCKS
New

'

■

■

.

.

beginning on
entirely from the
occurred during

complete record of the transactions on the New York Curb Exchange for the week

a

present Thursday, Dec. 31, Friday being New Year's day and a holiday on the Exchange. It is compiled
of the Curb Exchange itself, and is intended to include every security, whether stock or bond, in which any dealings have
26 -and ending the

the current year.

v

week, and when selling outside the regular weekly range are shown

disregarded in the week's range unless they are the only transactions of the
which they occur. No account is taken of such sales in computing the range for the year.

deferred delivery sales are

and

in

footnote

a

RECORD

YEARLY

AND

WEEKLY
NOTICE—Cash

Jun

%

Sep

Jan

3%

Dec

2% Oct
575 a

Dec

THE COMMERCIAL & FINANCIAL CHRONICLE

26

Monday, January A, 1943

NEW YORK CURB EXCHANGE
Last

Week Ended Jan.'l

Range

Shares

Low

8 %

30%

Mining' & Smelt Ltd—5
1

Range Since January 1
Low

High

30%

25%

225

31

Consolidated

Steel

Oil—

Royalty

Consolidated

1%

10
57/B

•

Corp—

•

6

3%

.1,500

,;'
General

Outdoor
Public

July

General

Rayon

Jan

General

7M4

Oct

$6

75

—100

prior preferred
;
Continental RollMfc Steel—

stock..

A

60

9%

1

120

77

914

9%

60

>

Apr

88

Jan

1,400

7%

Jan

12%. Apr

7%

Jan

10 Ma

6 Mi

Jun

Water Gas

$3

& Electric common.

preferred

.....

Low

60 Ma

160

55

30

710

20

:

""%'

IMt

5

51 Mi

10-3 Ma

96 Ma

Cook Paint & Varnish Co

Cooper-Bessemer

—5c
Corroon & ReynMds——1
j $6 preferred A\
•
preferred

tV Jan

%

500

%

1

3%

.3%
30

30 Mi

98

98

1,200

21

Dec

$5

Ma
1

79

)
79

79

IS

10

ft

%

13%

67% May-

3,200

13 Me

(AC)
Preferred

Gilchrist

Jan
Jan

700

14

84

Sep

Dec

1%

Dec

12

■v

16 %

I6M4

Mar

2

16%

10%

•

10%

' 11%

Apr

7,100

4Mb

?

25

Glen

Alden

Class

86

July

Cork

02

Jan

6,900

1

■:

Jan,.,.

Crown

Drug Co

"

convertible

1%'

2%

105/a

Dec

Gorham Inc

Nov

$3

"n"3A

25c

preferred...

Crystal Oil Refining common
$6 preferred...

Dec

1%

10

3 Ma

Nov

Jan

7 Mi

Dec

Gray

Apr

1

Sep

Great

Jan

21

Jan

18

V* Mar

•

Cuban

Atlantic

Sugar

Tobacco

common—

4

5

Cuban

•

Lighting

Curtis

Mfg Co

10%

10

11%

1%

7,900

1%

200

Mtg

Inc

Dec

IMa

Class

Dejay

5

•

.

5

Mfg class A

Nov

6 Ma

Feb

2

6%

Gasket

9%

600

12

200

12
"

-

1% ~3M4
1%

50

45

"l

1%

Mfg..:
without warrants

May
Feb

7Mf

Greater

Jan

Great

Greenfield Tap

1st

York

Detroit

Gray Iron

Detroit

Mich jBtove Co
Steel Products

Detroit

De Vilbiss

Diamond

Co

"1%

1% "i%

6M4

Jan

13

25

3%

105

300

Co

Draper
Driver

Harris

Durham

Duval

States

:

100

Jtpn
Oct.

[

'<

1,900

^

16

j,?'

3,100"

Oct

%

la

,

;X3ov-:v ocf;
VA Jan

Apr

3%

3%

500

3% Aug

4%

3

3%

1,600

2

May

4

1,050

58

Apr

83

25

124

"V

1

'

;

3 Me
66

Ma M:-.

150

23

Jan

28

19

Ma Aug

29

t

Mar

250

.

69

65

100

Brewery

129

129

ll«

25%

& Die..:

*

5%

5M4

common—25c

-1%

Jan

Feb

5,100

il«

Nov

j.

Oct.

24%

Jan

134 M2

Nov

A

Jan

Jan

1.025

iV
27

Dec

5%

900

5 Ma

35%- Jan
7 Ma Mar

Jun

Dec

57

56%

57%

220

61

61:

23

23

50

;r64

125

52

1%

'

U

"1%
7%

200

Hecla

Nov

Helena

/

5%

Plcher
Gas

4M2%
6%

&

Lead

Fuel

—10

Assoc

•

common

"lOO

prior preferred

preferred
Malleable
States

Iron.,

7 Mi¬

7

%

5,200

7M4

ll
43%

18 Mi

M

19%

2,700

—25
*

Corp

1

3*2
•

preferred series A
preferred series B_

9 Me

*

10 y4

9 Ma

10

10

67

Dec

A

Heller

:

t

v

c

—

Machine

Washing

...1
*

B

Economy Grocery Stores

2%

5

Bond

Share

&

Electric

Power &

Option

2 Ma

41 Mi

41 Mi

43%

•

Light 2d pfd A

.">•

•

—

•:-'

■

"

'

8

warrants

9M4

Ma

32

1

Corp
National Watch Co

Emerson

Electric

& Co

(R)

7 %

preferred
preferred

Empire

Power

Emsco

Corp

&

Dec

Horder's

6% Aug

8%

Jan

&

% May

IMa

Jan

41

Apr

52 Ma

Jan

17%

Dec

33

Jan

Jan

,

22 Mi Mar

%

A Dec

31%
2

C)

Eureka

Inc

—

Co

Oil

&

Huyler's

,

t

Inc...;

Fibre

2M2

1st

Jan

Illinois

63%

Jan

5%

2% Mar

9M»

Dec

Div

at

Dec

300

900

5/64
4 Ma

'

Apr

Apr

9

28

Am

Zinc

May

5%
81

•

preierred

certificates
Co

Fansteel

Metallurgical—..
Fedders Mfg Co..
Association

Florida

Power

100

Apr

25

Jan

5

6

-

Motor

Nov

&

22 Mi

2%

2,600

2

May

2%

50

19

Jan

25 Ma

14,600

32

7 7o

Apr

%

13%

Jun

22M4

Dec

dep

rets

Motor

Class

A

Class

B

(Can)

of

Common

$1.50

ord

of

Co

•

3

15%

100

6 Ma Mar

7%

2,500

5 Ma Mar

10 Ma

1,400

3%

Sep

50

82%

3M4

•

15%

15%

...

15

Ma

'''

16

_10c
...

44 Ma

May

950

4,100

68

Sep

5

Dec :

Distilling

1

Malt

&

common..

participating preferred
Co—

IMa

Feb

1M4

Jan

10%

2%

2 Ma
11

...1

i

100

9

1,400
100

10Ma

Feb

Dec

2 Mi

Nov

Nov

20

Jun

18

1

Jan

8M4 Mar

International

iioo

Nov

July
2% Nov

12

preferred
Mfg Co

Gellman
General

Co

common—.

*

■

General
Gas

For

Fireproofing
&

Elec

$6

footnotes

common

$3.50

prim'

preferred B

Interstate
Interstate

see




page

29

coupon

3%

Dec

1%

Nov,

fa May
16 Mt

;

Mar

9

200

25% Dec

Apr

1

11,100

May

:3

Dec

.

13% Jan
3 Ma

2,160

5%

Jan

10

500

6

Jan

10

9

400

7% Mar

w

Oct

5%

Apr

Dec

'.

9

Dec
Jan

14

Dec

1,900

2%

Jan

5%

Dec

91

510

86%

Apr

107 V*

Jan

20

30

12

Apr

26

Oct

Apr

26 Ma

Oct

% ? ■il 400
15 Ml

70M2

% Mar

50

;

7 Mi

500

55 Ma

300

10

2%

2,000

iy4

.

IMa M

4,400

Feb

Me July
17 Ma Aug

Apr

77Ma

Jan

13

Jan

1

13 M4

14 Ms

14 l/a

14%

14 Ve

,7

.

63/4;

20%

•

$7

♦

Royalty

•

r7

III

14%

800

4

Jan

3/4

500

2 Ma

100

3,000

7 Ma

250

307/a

250

3 Ma

800

3

18

100

15

1

■

1

Ma

%

iV

Superpower A—

:

•

6

2%

3,300

% Aug
3%
%

Apr

Fob

Oct

10

Feb

31

Oct!

Dec

Mar

Ma May
V4 Jan

1,800

i

Dec

22 Ma May

475

1,700

14

Dec
Dec

Aug

.-!■

Ma

7%

7

July
a'a

100

iV

7 Me

7

A Feb
2

'

««*.> \

;14M4;

<14 % v:

trust ctfs.

Irving Air Chute
Italian

t'

Hi f

Iron Fireman Mfg voting

Jan

18%
.

—

•

9

3%

;

—

preferred

Dec

14 Mi

6%

•

Mills

Nov

8 Ma Mar

i'a

'

.

Nov

1 Me
8

30 Mi

III

Equipment

Home

Hosiery
Power

2%

100

7

3*2
7 V2

Feb
Jan

Apr

%
/

Aug

IMa

2%

WIUJT

...

lMi

6,500

■

;

4%

•v.—

#

B

•

<14 Va

:...

Razor

12%

2M4

1V2 77

'."•i

shs II ♦

preferred—

Interstate

IOM4
.

Jan
Dec

7
33

8%
23

Oct.

July

lMi

Nov'

Ma July
15'

Jun

9% Mar

Sep

Me

Dec

3%

Nov

Jan

Mar

12

Oct

Jacobs

35%

44 Ma

44%

Oct

Jeannette

50

45

40

Mar

50

Aug

6%

(FL)

Co—...—,—

1

7 %

6%

6%

3%

Feb

6%
1

•

%

%

%

1,200

A May

8%

£1

8%

100

6% Aug
1% Dec

2
.

1%

X2

300

12%

13

500

10

6

13

—*■

Glass Co

Jersey Central Pwr & Lt 5%%

preferred
preferred

Julian & Kokenge Co

100

61

*

Jan

Feb

9%

>

14%

*

Mar

Ma July

*

2,800
/ 1,000

k

x68%

v

2V2
„

preferred

8

52% May

1

Dec

9%

12

-:7

Products

$1.75

2%

2%

1%

Jan

1

1,800

60 Ma

%•

65

125

57

.Dec

81

Jan

62 Ma

68 Ma-

69

80

61

Apr

88

Jan

76 Mi

76 Mt

79

110

68

Apr

95

Jan

11%

Nov

12

Nov

-

U

Oct

1%

Jan

K

Dec

Jan

Ma

Dec

2

Nov

Sep

7%

Dec

Feb

15 V*

Jan

59 Ma Mar

102 Ma

Jan

12 Ma

1

65

Dec

%
8

pfd—100
—100
100
*

July
Kansas Gas & Elec 7%

Kennedy's

dep rets ord reg._
General Finance Corp common—
5% preferred series A

Sep

Mi Aug

%

2

25%

%'

♦

25

Electric Co Ltd—

Amer

-

5%

Utility class A

550

1

Alloys Co

9%

'

I100
common..

Jan

-

Dec

G
Power

3%

Feb

4 Mi

50

600

12

.50

—

Safety

6%

Gatineau

Jan
Mar

6

88%

B

__

preferred

5%
91

70 %

Inc—— -.1

shares

Investors

May

IMt

18% May

8%

*

Oct

5M2

-19 Ma

•

♦

Dec

17

11

;

8'/a

*

Oct

16 Ma

15 Ma

2%

62

2% Aug
4% Dec

Dec

\ Jan

8%

.15 V*

Industries A—

International

\ 3% Dec ;

Jan

8

Petroleum

Class

10

•mw

1

series

Industries
Metal

International

Jan
Jan

11

..15

......

stock—.—„i..

convertible

1M4

..;

9Ma

Jan

64%
103

150

U'

1

—5

$3.50

Registered

Jan

2,500

15%

46 M2 Mar

3,100

-,,

■

♦

'

•

Brewing Co

(Geo A)

conv

Jan

<53

3,600

IMa

Machine—

International

Nov

2%

Indus Engineer—

Froedtert Grain
Conv

9 Ma

3%

•

;

Yards.:

Stock

Co

International

Canada-

preferred

Franklin

Dec
Jun

79%

12 Ma

Dec
Jan

113

Hydro Electric—

IMa

3%

—£1

reg„

—

(Peter)

Apr

6%

53

Jun

2 Mi Mar

10

North America

Cigar

2,600

*

3 Ma
27 Ma

Jun

15

8

■I,

100

preferred—i

International

10,100

37/a

Sep

2%

,100

—

Insurance

1%

81

Dec
Jan

31%

9 Ma

——7 Ma

Pipe Line——

preferred

7 c!o

Apr

7%

4

17%
12

Aug

2%

v

24Ma

9%

coupon.

Dec

lMi

7

Apr
Jan

21%

375

60%

-

-

Dec

7

6%

——

voting

Foundation

2 Ma

7M4

1—5

non-votrng_—
.

Worth

400

10 Ma

<:

—£1

Preferred

9%

Dec

12

200

■„

1%

;—.*..

.

.

International

10%

Jan

7 Ma

27% Mar

100

'

14%

2%-

Industrial Finance v t c common— ..1

F

—*

17 Ma

Oct

Nov

975

Ltd—

Co

,

25 M4
3

Ireland

Nov

%

7

Jan

5

regis

dep rets

Registered

Jan

21%

..

3 Ma

25%

593/4

2%

*

7

88 Ma

Chemical Industries—

Imperial Oil

Jan

1%

—10
(Phila)
Light $7 preferred—*

&

:

50

—

£1
*■
——*
Imperial Tobacco of Canada—.......5
Imperial Tobacco of Great Britain &

Jan

4Mb May

Co

Power

Iowa

convertible
arrear

Illinois

Feb

Aug

20

I8M2

1

Brewing....

30

3 Ma

3 Ma

Indianapolis P & L 5M4% preferred_100
Indiana Service 6% preferred. —i—100'

1

300

28%

24%

.

.5

Indiana

Engine & Airplane—

Dec

Dec

Oct

Ms

Sep

Fairchild

.Jan

7
12

12% July

1,500

177/a

8

Sep

•

.

7%

17

*

159%

:1

300

6%

1

168%

>

16

Jan

Oct

..1

...

preferred
Securities..—.....

Apr

1

Falstaff

■

Apr

Aviation................

65

*

89

Fairchild

375

15 y4

7M4

6OM4

5

Co

82

7

76

13%

Oct

25%

24

Jun

9 Ma

107 Ma Aug

Nov

2M4

300

75

:

150%

5%

Jan

6%

3% Mar

25% C:

155 Mi

25 Ma"

.

12

May

.

Apr

v ;

12

28%

Mar

7

10

5 Ma

Jan

Nov

60%

1,300

2%

Aug

100

Jan

10

6 Ma

17%

*

Corp

Hj grade Food Products

38 Ma July

Aug

57

•

Aug

6%

....5

common

for

c

Aug

4%

50

6

'

,

:

85

1

common

Jan

450

,..100

International

Inc

Oct

6%

9,200

6 Ma

76

81

1

_

Pipe Line common

Eversharp

31%

20

1

...

Ligonier

Hydro-Electric

3 6 Ma

4%

22 Ma

■

11 Ma

*

,

Refining..

Hummel-Ross
Hussmann

34 M2

4%

1

25 Ma Mar

37/a May

50

4»/«

6 Ma

•

...

common

Humble

Dec

5,500

•

preferred

Jan

2'4

Oct

300

5

'

-

Nov

20%

Nov

300

5

30

4

May

Apr

Dec

1M4

—

•

Hardart

(Harvey)

3'/2

5 Mi

%

Feb

1%

14% May

•

preferred..

12 Ma

22%

100

Jan

Jan

7 Mi

5

& Co common

Hubbell

V

Dec
Jan

5%

M

Inc

(Geo A)

(A

10% May
% Apr

22%

1—5

Equipment

200

1,800

/.

;

6%

.

100

_

common

convertible

Esquire

_

Jan

2 Ma

.

1%

"4

Me

...

100

__

___

participating stock.

Derrick

Equity

4

10

Dec

Jan

Empire District Electric 6% pfd... .100
Empire Gas & Fuel Co 6% pfd
6M2%
100
preferred.
8%

19

40

lMi Aug

'S X 400

3%

30

'..'

•

class A„

1%

Feb

Jan

22%

-

4

4% May

Apr

Ma

1,000

<

20

-

1%

10

9

A Jan
6%

17

4%

15

Mfg

Feb

May

400

1% "

19 y4

5

,

Hollinger Consolidated G
Holophane Co common

Imperial

Electrographic

Dec !

15

25

common

Oct

M17

53,100
v.

3%

250

""%■

x3M»

'

u

20

....2

Preferred

2,200

2 Ma

39%

42%

*

1%

41

•

700

•

.....

common

Hoe

Oct/

Dec

'

....

Jan

4

Feb

Dec

800

....

Co

3%

Jan

9 Ma

2%

109

40

1%

•

•

Chemical

9 Ma

—

common

preferred
preferred...

Ma

fs

25c

Heyden

925

160

■7-

4 Mi

16%

•*

.

1%

50

Hewitt Rubber

1,100

32%

2

*

Electric

32

32%

V

preferred

Henry Holt & Co participating A

25 Ma

Dec

Sugar Associates—

preferred

4 Mi

-.

O

*

Jun 5

70

8,300

32

;

Oct

Jan

v.M/'

16 Mi

16%
"

5

Jan

7%

16%

19 Ma

825

■

Corp

Apr

19

Jan

Jan

20M4 Mar

5,800

%
42%

■'

43

•

100

Eastern
Eastern

Eastern

7

Co

Rubenstein

Horn

Eagle

4M4

ctfs._—1
1

trust

Mining Co

Class

July i

61

2,700

7%

,

•

1%. Dec
39

10 v* Mar

July

M2

1

-

108

Apr
M4 May

2

25

voting

convertible

Sep :

29%

Feb

4%

6%

Jan

15

Aug

*

Sulphur

'•

92 V*

10

..

Light

Dept Stores common

2M»

Aug

3 Ma

3M4

.10

common

Feb

Apr

91

*

Hat Corp of America B non-cot corn..1

1

17% Aug

—*

....

class B

Paper

Brewing

1-Iazeltine

18 M4 Mar

Aug

Ma May

7 M4

100

Ma

24% Mar

10

•

5

Harvard

8%

Feb

7

17 Ma

29% July

6%

300

5,300

101

Feb

Jun

6%

1%
38%

'

37%
101

*

.

Rayon

49%

10%

1,300

pfd—

Alabastine

Hartford

Jun

1,800

3%

$5.50

1%

38

25

—

Co

Hamniermill

Jan

Feb

*

Co

Products

Utilities

Lamp

Horn

Gen

j

Feb

July
dV Dec

H

'

Gen

Jan

9

,

stock—

preferred

Hormel

5 7o

Sep-

32

21%

nr

Oct

110

a %

IMa

3%

—25

Corp common

Texas

13

3%

*

Hosiery

Duro Test

4%

14 M8

Dec

20%

26%

Electric

Apr

500

1

Coal B

Duke Power Co...

$3

Jan
Nov

4%

—

1

Hartford

%

1%

*

common

&

1%

14%

1

Corp

Fuller

10%

700

30

25

Oil Corp

Hall

Dec

51 Ma May

Mar

800

10

common

Steel

Fox

'/

/•'

2 Me Mar

Jan
Jan

i

fit

1%.

10

Bridge Co Ltd

Fort

.

Oct

25

-175

.,:TM4

Aug

Jan

14%

fir

1

common

Dominion

Ford

.'v-*'32

Nov

Jan

1

—

1

common

Truck

Dobeckmun

Am

Jan
Nov

*

4 Mi

Nov

39 Ma

1

Foundry

Dominion

Ford

45

92

Dec

2%
37

■

9%

18%

1,500

20

common

Shoe

Divco-Twin

Fire

Apr

3July

'

4,800

5%

5%

Paper.

Stores

Gulf

Hearn

$3

'IMW

28

......5

Tea—.

preferred—

New

Northern

Grocery

Oct

15

50

•

&

5

400

1%
47
-

*

"*f"-

300

100

....

preferred

Elgin

"

Jan
Nov
.

26

.10

;

common

Apr

IMa May

10

sH

,.;!14

5

common

Derby Oil & Refining Corp com
A convertible preferred
;
Detroit

8%

1

debenture

8%

8%

35

$6 prior preferred

$5

.

r

12%

1 Mb

..

.

Non-voting

$6

1

convertible

A

Dennison

$6

5

.28

Pacific

&

Gypsum Lime &

•

Stores

Easy

'

26

.50

Co

Atlantic

Dec

15%

Jun

1

2.50

common

(Mo).;

Darby Petroleum common
Davenport Hosiery Mills.
Dayton Rubber Mfg

$5

12;,;
Mi

'32

.

Rapids Varnish—..
Mfg

Aug

7/a
9

Aug

10

Grand

D

$6

-1

Mines—

common

Gulf

$7

88

'

Curtis

East

103

May

Oct

Sep

x%

4,600

25

fi

.;.J.

—'

...

class A—

preferred

IMa

1,200

•

common—

; ,V

25

"5 Ma
;

Consolidated
Goodman Mfg Co;

Oct

19

:

12%
25 Mi

class A__......

Goldfield

1
2%

5

A

Apr

May

41-

—

preferred

4M2

..*
-

International

Ma

,;

Jan i

34%, Jan.,

4

200

•

'li-A

Coal—„__....

B——

Gorham

Crown

;

"I4M4 "4%

Aug'

7

80

"4 Ma

Co—

Godchaux Sugars

Jan

4%: Nov

Jun

4,200

.15%

10%

—

Crowley Milner & Co
Crown Cent Petrol
(Md)

<

_*
,_—*
♦

common

:■«

$7

5

Electric

Co

preferred—..

Gilbert

Oct

6

Jan

Georgia Power $6 preferred—
,

Dec

Nov

103 Ma

2M4 Aug

150
-

Nov-,

54

Jan

'

receipts (ord reg)__£1

dep

Brewing

600

39 Ma

,

Wheeler

Crocker

4%

1,750

Sep
-Nov

9

Jan

10

.7

%

50

Petroleum—;

Creole

31

4%

Vff

%

1

.

Courtaulds Ltd—

Croft

4%
■

.

American

200

,

Vonunon

Petroleum

convertible

1,100

4%

Range Cd_—
Cornucopia Gola Mines.

5%

8%
37%

8%

•
*

Copper

Cosden

8%

8

37

•

—

common

preference

prior

$3

%

'■

'

-

50

A. Apr

35%

30

Oct

Ma Dec,

Jun

fa May
Apr

140
..

30

July

1,800

53%

103% 103%

High
73 Ma

Apr
M4

...•

...

Range Since January 1

High

59%

*

convertible

Gen

Shares

29%

100

preferred—1*

General Tire & Rubber

Continental Gas & Electric Co—
7%

Co

pfd

$6

for Week

Low

Shareholdings Corp com.
1
preferred.—
—*
Q% pfd A—100

Jun

8%

Sales

Range
of Prices

,r

Par

„

General

Service

Week's

Last

Sale Price

«

Nov

107

Adv

■

:

1%

% Jan

200

1%

5%

Dec

1

100

preferred

Thursday

Exchange

4% .Dec

3IMa

Mar

400

3%

Curb

Week Ended Jan, 1

High

Jan

3
105

3%

Retail Stores

Consolidated

New York

for Week

of Prices

Par

Consolidated

STOCKS

Sales

Sale Price

Exchange

Curb

York

New

Week's

Thursday

STOCKS

Inc.—

Ken-Rad Tube

111%

:

Kings Co Lighting 7%
5% preferred D

—

117

Dec

200

6

July

8

Jan

4%

100

4

Mar

5% Aug

1%.

1%

3,400

1%

1%

2,100

1% Mar

6

5

& Lamp A

Kingston
Products
Kirby Petroleum

Jan

6%

4%

preferred___100

pfd B

100
...100
1
1

.

27% Mar

53

Jan

19

IMa

Apr

39%

Jan

1

Jan

1 %

Dec

2

Feb

'

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

157

27

NEW YORK CURB EXCHANGE
STOCKS

,New York

■

.Thursday

.

.

Exchange

Curb

!,

:

•

Klein

Kleinert
Knott

Stores

preferred—

Brewing

Apr

Navarro

Jan

8(4

Oct

Nebraska Power 1%

Jan

4

Oct

81

99

Jun

Feb

Sep

'Neptune Meter class A

Oct

13 Va

700

%

'New

13%

Feb

1

4(4

Nov

52%

Feb

2% Apr

100

37/'a

13 Va
i3

3%

Feb

Apr

y

12 Va

Le Mur Co

6%

100

(N J).—,.*——.,

Shore Mines Ltd

Lake

■

Lamson
Lane

preferred

Bryant 1%
Wells Co

Lane

.

of Delaware——„„„5

Corp

5

2

Jun

100

Jan

6 Ms

;—I

B——.

Lefcourt
;

Realty common
Convertible preferred—

r<

Leonard

Oil

(R G)

2
500

—

I.

414

4]4

13,300

„-25

fig

1*0

rf2

7

25%

24%

25%

500

N

Y

&

Nov

Nov

N

19 y»

Apr

30 ya

Jan

Y

86%

80%

4(4

7ye Aug
101% Jan
4% Oct

Apr

3

Apr

12%

13

10 y* Mar

13

56 %

59%

50

1%

:

,

—••

1%

Apr

68(4 Jan
1% Jan

Dec

28

Apr

lJ/a
25

.,

*2% "2%

Nov

Dec

10

2(4

Dec

3 Va

2V4

•I 1%

Jan

2%

Apr
Feb

18(4

18(4

11 Va

July

18(4

Dec

7%

.10

Merchandise.

Y

N

Jan

5

Feb

Dec

far

Jan

12

Nov

90

81 Va May

X103

Dec

60

74

May

95

Dec

456

15

Nov

25 Va

101% 102%

70

94

Apr

102 Va

Dec

7(4

100

7%

Nov

1%

57,300

.

27%

preferred__100

101% 103

...

94%

95

16

*

preferred

16%

N Y Shipbuilding Corp—

,

■/:.

Nov

July

Light 1%

&

Power

$6

Dec

fie Jan

Jan

20

25%

2%

Rosario

Honduras

Oct

Jan

4(4

59

—*

common

Oct

1%

City Omnibus warrants

Co

Oct

1%

Dec

4(4

—•

Auction

9

Feb

%

1

Co common—.—

Y

Dec

1

%

85(4

86(4

-25

Y

4'A

6(4

(4

Apr

23%

13

Land

Aug

2% Mar

■iy8
10(4

5,800

1

Inc

New Process

1

Feb

84

7ya Aug

•

—

Arizona

&

N
•'

16

Mexico

6%

113

%

25%

*

IN

Dec

July

3% May

—

3%

102

Oct

%

Dec

9(4 Mar

-(4

:

3%

Apr

New

6V4

:

.——100

—

New Jersey Zinc

Mar

Jan

3

'4 May

5

—

—

■

Development

Le Tourneau

%

_1
—*.—•

Lehigh Coal & Navigation.-*;

"'.I

—

9%

May

13%

,

•

;;

—

^t6(4/. 6%f
*"*
-l'_"
■:
—"

iLangendorf United Bakeries class A—•
Class

43%

July

2

1<

—1

common——*

9r/4

7%

<

—

100

.

Oct

2%; ''fifi2Va'■'& 2Va
'
■—

8%

_1

.Lakey Foundry & Machine-*

17

19% '20y4

19%

Co

Inc common-,

Dec

Sep

2(4

1(4

—•

England Tel & Tel—

% Aug

12

Aug

3%

•

Haven

High

Feb

9% Aug

3%

—: I ;.,
6%

100

New

iLackawanha RR

100

102%

•

=»*__

Clock

V*

84

•

—

New

New Idea

12

—

5

class A

preferred
preferred

12

Low
800

%

-

*—*

England Power Associates

$2

Range Since January 1

High

fir

—

100

10(4

•

Nestle
50

preferred

Shares

—

•

Co

for Week

Low

30c

>Nehl Corp 1st pfd
——
Nelson
(Herman) Corp

(4

•/*

—.

1

Co

.92;

9i
*. •

special preferred——10

(S H)

Kreuger

Oil

12(4

2

Vt

Sale Price

"

,

Radio

Sep

'

-y.Ky. ry

convertible 1st preferred——1100 /.

,Kress

~3%

.i

91%

.100
'■• V-y

.

Union

Sales

Range
of Prices

Par

National

(4 Mar

7%

.*

Week's

Thursday
Last

Exchange

High

9Va

,—*

Inc

Kresge Dept Stores—
A%

10 Vs

Curb

Week Ended Jan. 1

77/a

—_1

Corp common

;Koppers Co 6%

~,\v

Low

fia Sep
10.'/a

1

Range Since January 1

High,

Rubber Co—,,—*—10

(I B)

Kobacker

Low

York

New
>

1

Co. common-™.—.'1

Emil)

(D

; *■■,

Ltd

Shares

STOCKS

for Week

,

y;';V:i' VyPar

Kirkland Lake G M Co

Range
of Prices

Last
Sale Price
n

Week Ended Jan. 1

Sales

Week's

16%

1
Electric & Gas $5.10 pfd.100

founders

N Y State

shares.

—.—

__

f',;.:''

5

New York Transit Co

7(4

.

./

6 '/8

July '

■

Jan

•

Line .Material Co

(Thos J)

Lipton
Lit

Brothers

Lone

>

!

common—

Star Gas

7%

'

preferred—_25

Steel Chain

Locke

—5

—

Inc 6 9c

——*

,

1214 '

preferred class B—*

■Loudon

% Mar

14

Feb

<1,350

2014

2%

Dec

8%
■M

Oct

14% Aug

26(4

Oct

13

Sep

23%

Oct

200

1(4

Jun

i 2%

Apr

5%

Dec

102

May

1st pfd—*—
1st pfd v t c—-

Conv 7%

'Lynch Corp

common--.

(4

/I-*//;.

■

1—100
—100

12

12

12

:.

-——5

—

—

19

17%

19

1,150

Dec

12

10

ioo

Mar

16% Jan

13

12%

North

$6

Oct

'. '

6%

optional warrants—

y

—

fie

_

%

fie

<

.

2%

.

•

—

.

2

Margay Oil Corp-—-—**-——*—*

B

Mass Utilities Association v t c

'Massey Harris common—

'■*

■

Dredging

——•

r;

'■

6%

1,000

5

6 Va 9c A

preferred-—

Messabi Iron
;

9

*—100

126

Jan

Aug
Mar

1,900

2

165

18

500

1 %

H

25

19

3%
22

4%.

97

97

29

100

.

—
102

—

102

A

14

6%

Ohio

;

94

115

Jan

10
——I

;Micromatic Hone Cprp—**
;

6%

Sep

Class B-V t

Vi

'Middle

West

{Midland Oil

*_1

47,

Corp eorainon——*5

,

614
414

„

Middle States Petroleum class A vt c_l

3%

fit
4%

*-♦

52%

50%

Utility Securities

% Jan

1,000

:

106%

,non-cum dividend shares

Midvale Co

Mid-West

400

300

3(4

50

52%

33

May

3Va

200

3'/a

Dec

3(4

10

.

Dec

%

•

Oct

Dec
Nov

4

.

70

Jun

ii

82 '

50

72%

Apr

102

Jan

92(4

—;:

•**•,-

92%

30

87

Apr

108
10%

Jan

8

8

*25

Dec

24

Jan

800

—

100

4%

6%

',

Oct

1% Mar

3,700

17

16

—

500

8

4%

4%

Corp-—*—-*——*.—*

24

{

15 V2 Mar

50%

~"Va

Sep
Jan

11

700

72%

Oct

Nov

6(4 Aug

Mar

18%

Oct

class B

$6

Service

rl7

16%

90

88 %

6%

1%

90

•-/

100

Jan

113 %

Nov

112

Jan

Feb

110

Feb

100

Mar

91%

5

8%

100

181/4

18%

1,400

49%

—

18 %■

8%
50 >

Apr

110

91

—

100
,

Sep

106 V*

105

Feb
Nov

Jan

lliy8 111%

..

106(4

2%
177/8

Jun

14
76

17

*

—100
—100
1st pfd
100

7%

2%'.

-

—*

preferred...
preferred

Vkr/o

2%

2%

—4
common

preferred—

Sep

98

5% May
12

Feb

8%

Dec

18%

Apr

Dec

$5'%

*
"*

Omar Inc

:fi"l%

6%

Oct

8'4

4(4

Dec

2%

Jun

200

.

I 100

4%

3,100

y;

,

% Mar

;

4

8

Feb

.

40

Apr.

50

95

May

111

Dec

Jan

Sep

4%

3

Jun

4%

Jun

1%

■

Jun

3%

Nov

4%

—

~3%

"3%

150

•

common

Sep

Public

;Pacific

Sep

Dec

Nov

(Paramount

;

1st

preferred—Motors

"*3(8

"5'/«

iPanteptc Oil of Venezuela Am shs—

$1.30

80

27%

Jan

"3%
13

13

104

Dec

71% Aug
2% Aug

2,800

~3%

Apr

87

Feb

3Va

Oct

Feb

14y4

Dec

Aug

5(4

Oct

5

Dec

90

•

Corp.——

Oct

31

Apr

11%

100
*

Service.—*

4%

-

103 V* 104

July

9

;, Oct

24%

2,100

22% Mar

*

Sep

It

30%

25

(4

7
:

8

29%

25

1st

9

;

2% July

:

5 % %

5 % Mar

•

Co

Can

Q% 1st pfd
preferred
Pacific Lighting $5 preferred
Pacific Power & Light 1% pfd

Feb

3,300

100

'M 10

:

110% 110%

110(4
■

1

Gas & Elec

Pacific

Jan

«

l*_

1

-

Securities

Overseas

4% Jan

Oct

3%
fig

.50

prior preferred

conv

Feb

100

4%

--

*
—*

25%

*—50

■—

common———

Abrasive

1514 -15%

—

—

11% May

2414 ' 25%

,114

24

1%

■

13

—

| Minnesota Ptyf & Light 1% pfd—_100

y

(Mississippi River Power 6% pfd—100
Public Service.common

(Missouri

,

—

*.

Voehringer common
—2.50
———.^1
■Monarch Machine Tool——**———•
Monroe

Pictures"

Loan

.

4%

3

21,700

3 (4 May

1
*—10

100

Jan

14

Sep

4% May

10%

Dec

10

514

—1

\

r.

/

1

3(4

15

%

—

%

..

4:'— '

*—

'

.(•Montreal Light Heat & Power—''
L-*
MlV
■

.

__

■iMountain.City Copper common—*—r5c.
Producers

States

;.Mountain

10

—a.

Power

common—_♦

;Mountain States Tel & Tel
Murray Ohio Mfg Co

—*

V-:

.

.—100

*

:

3

•

'

.

*.

—*:—

common

preferred

4 X 6%
f:

Co

y :;

—v

.

-*—100

(Muskegon Piston Ring——*—*—214
Muskogee

4%
.

.

8%

.

..-i
8,600

5

1,100

V12 -y-1214

,;

.—

4%

—

-,{—//
—

'•

--

preferred
Salt Mfg Co
Prop

Sugar

-

——

.300

Mfg

[Perfect Circle Co—

i;\<

■Phillips

6%. Oct
2%

=

Phoenix

<

Nov

'Pierce

National

Breweries, common

Hess

Dec

Pioneer Gold

Mines

Jan

Pitney-Bowes

Postage

7May
17%. Jan

9%

Feb

Pitts

Dec

12%

Nov

5(4

Governor

Bess

Candy Co-

National

68'4

Jun

;National

(Del)—

Container

National Fuel Gas

National

fa

■

4

Oct

%

Oct

Apr

20

Sep

Feb

13%

Sep

11

Jun

15%

Nov

39

Jan

45%

Nov

1.

:

:

18%

10,900
'

;

ioo

Apr

10%

x8%

Dec

10%

1%

Jun

8

1,100

—*

Mfg & Stores common——-*

■

—•

Ltd

$6

preferred

Refining

National

Rubber

National

Steel

National

l'88%

3

Machinery—
Ltd

6%

*_**_•
—

Tea

Transit

National

Tunnel

514%

*

RR

9

68%

Apr

95%

Jan

"170

62%

Apr

93

Jan

700

1%

Jun

3(4

Dec

1,100

5(4

Jan

7%

Jan

21%

Apr

31%

Dec

11

Jan

footnotes

see

.

page




•

29

9%

7

7

2,900

10%

10%
2%

2%

,

2%

50
.

50

20

50

3%

1,600

5V4

400

100

Jan

4(4

Jan
Oct

1%
3

Jan

53

Dec

101

Dec

Jan

81

21%

Sep
Jan

1175%
;

Feb

Mar

36%

550

;
,

3%

22

Apr
May

-'/8'

7% Mar
6%

Nov

1.100

9

Jan

4,600

2% May

Apr

3%

200

Jan-

87/a
1

'■;

1 (4

.50

9%

6,200

3% Mar

44 y4

44%

250

31% Mar

7%

6 Va

1(4

i

%

4,100

61/4

6

7%

500

8

u

.

■.■■■

1,300

37

37

Feb

4

Oct

5(4

Dec

46%

49%

86%

4%
9 V\

Dec

Dec
Dec

45

10y4 July
1%

6%

Jan
Dec
Jan

Jun

43

42%

300

85%

oct

4% May

640

11

Dec-

Nov

32

37

25

■

11

■■

y

NOV

63%

Feb

Apr

12

Jan

Feb

86%

Mining Co

of Canada.

& Lambert

Premier

Co

5

Inc

Metals

7% Mar
12

4%

100

2

Oct

3%

Feb

1,500

7

Jun

8%

Apr

Apr

8(4

Jun

%

%

Apr

11

Jan

*

%

■

800

4%

<

3%

4 y4

4%

1

'

187/8

187/a

America

Corp of Nevada

•

19

Va

i7o

100

1
-

Service

of

1st preferred

7%

1st preferred

~3Va

_3y8

"3%

fie

rfie

11.

/

900

preferred
Sound

Pyle-National Co

Jan

Pyrene

Feb
Jan

,

2% Apr
as

3

i9e

Jan

Jan
Nov

34

4%
Va

May

Oct

Sep

20

y4 Mar

6 Va Mar

Feb
Apr

5

Nov

7%

Feb

Apr

109

Feb

113

113

10

106

Apr

113

Dec

100

101

550

87

Mar

108%

96 y2

100
•
•

Pulp

Nov

Dec

100

--

100

I

Puget Sound Power & Light—
$5. prior preferred...
$6

37,4

Colorado—

6%

Puget

Dec

Sep

3,000

•

Gas

4%

33

—1
•

4%

Jan

16%

800

.11,100

•

Prosperity Co class B_.
Public

1% Mar
3

2(4

3%

1

common

of

"%

——•
—

Dec

2%
7%

7%

5

Gold. Mining

Prentice-Hall

55y4

1,100

2%

7%

:

7%

_25c

Sugar common—
Powdrell &
Alexander.!
Pratt

9

—10

Potrero

Power Corp

I

:Z

1

—7.50

common

Scale

/

85%

.25

;

1

common

■

10
12.50

Mines..

9%

,

52

100(4 101

■

•

—

Metallurgical—
Plate Glass

Inc

Pressed

1,472 "

—

9% '

preferred
*

&

6

Apr

105

Oct

11

Producers

6%

1

55

125

44%

10

~

Sugar Refining—

National

3

Oct

29%

50

Jan

3%

86

3%

——•

59 Va

545

~3% ~4

•Pittsburgh

Jan
Jan

86%

88(4 r90"

86 %

common-*

Car

National

For

$6 pfd unstpd—*

stamped

National

77*%,

5

1

Meter

Providence

National Pwr & Light

%

10

21%

■Pittsburgh & Lake Erie.—.

Polaris

9%

Jan

—*—1

preferred

30%

50

3%

10

common

L E

&

Pneumatic

11

City Lines common

convertible

Oct

Va Dec

600

Apr

■

—

Feb

70

—-

49

'Plough

8'9"°o

Dec

U Nov

1

common

12%

—50

National

$3

V{~% 7^

*

Oct

11%
56

,

—25

preferred series A—

114%

i>y*9 6% May

\%

1

common—

4V8

Apr

Jan

150

49

100 Va

'

Bellas

A

Dec

Oct

5%

70

•

Apr

5%

pfd

Co

Securities

Conv $3

Jan

"

Packing

'Pittsburgh

•

——

National

2%

5,000

149

—

1

Pleasant Valley Wine Co

Nachman-Springfilled

74%

■

•

iPharis Tire & Rubber.*.

May

3%

•

74(4

iPhiladelphia, Co common-***———-*

May

52--Dec

N

Nov

13,700

11%

Va

! 51

Feb

9

.

Jan

32

23

ft

100

Co

4

..

24

30

20

common

:Penn Water & Power Co

VPepperell

July

■■'.•

300

23

Sep

99 4

*

$6
Penn

l%.Mar

20

Dec

I'24t( May
29% July

39

•
•
—50

Nov

...

30
300

28%

•

6

1% May

4/150

10%

—•

166%

:.

Dec

/('. /; ( -/■:■/. 4;'

a.'

t

Feb

18

,.

_

814/ 8%
,1114 ; 11%
*-^V —

.,

-1%

$2.80 series preferred—

?Penn

30(4 Mar
...

,

~3(4 ~3 (4

.1

common

.Phila Electric Power 5%

1% '. 114

.

.

Dec

7% Aug.
Feb

5%

15% July
5(4 Aug.,

150

.-4

J%

Airlines

Cent

iPenn Power & Light $7 preferred-

July

5%
.

24

23

■Penn Gas & Elec class A com*

15% Feb

20

28(4

2.000

iPennsylvania Edison Co $5 series pfd.*

v/y

■

1814

..

(Penn
I

-

152 v* Mar

,

—\

1——

Aug

4%

,

■Mountain

1

—

*

common

A*—*————25
Corp common—
—1

Dec

103

Aug,

(4 May

;

Pennroad

:•»

2% May
% Dec

Telephone

10%

9(4

preferred

Jan

Apr

Apr

$1.40

52%

Jan

4

16514 16514

Moody Investors partic pfd
Mtge Bank of Col Am shs*i

'r

Peninsular
f

82

May

5

.

{.Montgomery Ward A

i

——1

iParkersburg Rig & Reel
'Patchogue Plymouth Mills—

-

Oct.,;-'.

14% May

'<>*■.

May

414

1

■

7%. Nov

..

Feb
.

90

.*_

__

%

Society A—

67

__

.-414

•

16%

common

Dakota Utilities-*———10

.Montana

;

■

-

32

16Vi. 17:.-

—

Molybdenum ...Corp--';

r

514

—

iMock Jud

Monogram

_*

Dec

,

.v,vl%

1% Sep
.:.oNov

—^

*_

15% Nov
41% Jan

Sep

% May
,x5% May

,

,

I

15'A May

Feb

88

Apr

Oct

(4

6%.
• 6%
6%
Midwest Piping & Supply—"
,•
4- ..;
*
{Mid-We^tvRefineries—*
—*-l:
1% .• • 1%
; Mming Corp of Canada.*—
' " Ji
% ' ,. %
fMinnesota Mining St Mfg.:
51% - " 51% 52 Va '

1

24

24

Jun

% Mar

3(4 Apr

.

iMidwest QiF Co————**—10

•

23(4

Dec

Midland Steel Products—

fi'l $2

,

50

1,075

23(4

pfd.100

•Parker Pen Co._
;

56

24
—

*
5

—

12

■

r24

*
50

**—4*

Oliver United Filters B——,——

Nov

32

99% July

6%

414

•

Corp $2 cony preferred—*

%

J'; $3 preferred

Mar

,2

•.

Jan

3,900

414

.

—

•

3%

Oklahoma Natural Gas common——*15

1% July

U Jan

<1,000

—

%

Apr

Public

Jan

v.... 20

—*

Preferred—

Feb

fig Feb

1st preferred...
Oilstocks Ltd common*.

Apr

(4

26

fs

'4

4

.

Jan

" 5Va May

%

Co

Power

Pacific

iMichigan Steel Tube———*.——2.50
4Michigan Sugar Co

.

2%

States Power class A

Ohio

Mar

Sep

1,400

'

102

Oct

200

Ohio Oil 6%

Dec

Dec

1%

—

5

1,300

Edison

Jan

3%

1,200

I/1 ■'
.

200

7

Nov

8,900

Public Service 6%

Brass

3%:' Feb

Dec

18(4:: Dec

—

Participating preferred——-—*15
! Metropolitan -Edison $6. preferred—*
Michigan Bumper Corp
—1

Dec

.

4% '

**

—25c

Apr

8

fie

RR Co

Ohio

Oct

Feb

90

1%

.'

i

4%

Co——y*-**————-1

Textile Corp

Metal

86

3y4

preferred—

Ohio

■

■

5

3%

92
14%

2 >4 Mar

30

1,700

28%

y8

Ogden Corp common,—.

Dec

1% Mar

%

;Merritt Chapman & Scott——'—* J

92

8%

Dec

Dec

Apr

150

2'4

1%
"

92

8%

V\

%

Northern Pipe Line

t

,•

',4

v

2%

3(4
—

Jan

1/128 Mar

Jun

%• Jan

4| Feb

18»/a

2(4

3%

2% Ma y

123

,18

v

Dec

400

1%
8%

19

•':i

(4

1,100

5

1.

——*
'V'

2 % May

300

214
1%

-A.'

800

92

5
100

3*3

Oct

.3%

%

3(4

Nov

'<•; IV2

1814

preferred

Participating

2

11

119

class A-jI

t ?/'■': Tt. .:

Jan

8% Sep

4%'

5
common**]—.!.*—*

Stores

1

400

•

123

'Memphis Natural Gas common

iMercantile

/Merchants-& Manufacturers

100

9%

35,600

1,256 Mar

Central Texas Oil

Northern

53

(4

Novadel-Agene

A

114
8%

*

—

Mead Johnson & Co*

Sep
Jan

234

.

—

—

27

2

—

McCord Radiator &■ Mfg B--—--*—*-*
.McWilliams

8%

Sep
Oct

2

3%

—1

24

,

Feb
Feb

Oct

21%

%

common

Penn

19c

1%
69%

3(4

Nor Indiana

4

Nov

Sep

1,000

3.(4

37

Sep

1

American

2North

Oct
Oct

9%

'

—-

Marion Steam Shovel-*—*—--———*

r

—

Jan

3%
-55

July

8%

—

.'Mapes Consolidated Mfg Co:——_,*
.'■•.Marconi'.International/.'Marine-?Com;
munication Co Ltd-—,—**——.
I

.1

Jun

1(4 Mar

.

50

-

—

~~V4

prior preferred

North

Mangel Stores——
;—
—1t *. 2%-. ■■■.■". 2%
;
S5 convertible preferred.*
.•
—
,
;Manischewitz (The B) Co————*

260

(4

preferred;

Northern

;Manati Sugar

41%

Apr

%
37

1.000

Light & Power common..1

Amer

Class

M

j

33

North American Rayori class A———*

Mar

.

.

56

Electric

Noma

Nov

23

;

1%
53 y4

—-**—1
—5

Mines.——-*—

Nipissing

fie Dec

Sep

—

—

...

1%
56
41(4

—*

Nineteen Hundred Corp B

Jan

19%

10
100
100

1st

Niles-Bement-Pond

Dec

3%

93

' v**

Conv, 7%

100

pfd.

preferred
5% 2d preferred
—*
Class A optional warrants
Class B optional warrants
Niagara Share class B common
Class A preferred

Ludwig Baumann & Co—
Common

6%

Service

Water

5%

Jan

1

Dec

% May

—

Y

Niagara Hudson Power common

Nov

9,200

2%
5%

4%

5%

575

23

19

7%

>,

11

6,200

22

5%

Jun

N

Aug

5,000

V2

20

& Exploration

1

350

»

6%

23

——100

—————•
1
Louisiana Power & Light $6 pfd**.
Land

1214
%

-

■,

19

iV i6o

5%

%

Packing-

[Louisiana

5
Apr
13% Apr

1,150

%

12

6%

Corp-—o

Long Island Lighting common—*
*
19c preferred class A——
----100
6%

%

__

5

—

7%

7%

,

—

& Timber

common

Manufacturing

•

100%
45

45(4

1,000

35

Jan

52%

Feb

6%l

6%

600

6

Dec

16(4

Jan

8% May

5

10

Oct

43%

"7

_7

300

8% Ma^

6(4 July

7(4

Nov

THE COMMERCIAL & FINANCIAL CHRONICLE

28

Monday, January 4, 1943

NEW YORK CURB EXCHANGE
Thursday

STOCKS
York

New

Week Ended Jan. 1

STOCKS

Range

Sale Price

■■••

,

Shares

Low

Par

York

New

for Week

of Prices

Last

Exchange

Curb

1

Sales

Week's

Stinnes

Quebec
I

Power

Co^

56

147

30

139

May

11

50

8%

Sullivan

73% Nov

Apr

147

147

180

11

*
100
*

Quaker Oats common
6%
preferred
■;—

'70

Sun

Jan

150

1114

Apr

Corp

Oil

R
%

A May

Vt

900

12%

Range Since January 1

High

12%

100

Low

~V/e

7J/a

1%

1%

1%

50

Nov

9j/2

Jan

2% Sep

45%

Feb

26

Apr

50%' Dec

10%

•

Corp

14

Dec

1% May
39 y2 Jun

50%;,- 2,000

4 49%

50%

25

% Aug
14% NOV

Apr

6%

3,100
'<•

Apr

03

50

,

42 VV1

42'A

—50
com

High

Dec

8y»

9%

1

preferred
(Calif)

Co

Low

1

Superior Port Cement class B

10,300

Shares

•

convertible

Superior

37a

for Week

•

Ray Drug Co
Oil

Swan Finch Oil

Radio-Kelth-Orpheum option warrants-

Range
of Prices

__5

;

Machinery

Sunray
5%-%

Dec

A AA

.

(Hugo)
(S) Co

Sales

Last

Par

Stroock
68

Week's

Thursday
Sale Price

Exchange

High

Low

High

Curb

Week Ended Jan. 1

Range Since January 1

Feb

11

15

7%, Jan

Feb

8%

Nov

Oct

Railway & Light Securities

Raymond Concrete Pile common—
$3 convertible preferred.
Raytheon

Red Bank Oil Co

Electric .&

ReManoe

:Rice

Dry Goods
Radiator

Stix

(Richmond

Rio Grande Valley Gas

Corp

Apr

Va

Jan

11%

3 Va

10'A
1

1

1,400

100

12

12

*

254

3%

: 3%

3

A

16

16
55

57

17

17

May i

"iii

vav
•

3%

3%

3%

'

.

aaa

13%

Amer

Todd

Jan ;

•A? 2%

3%

9%

%

%

4%

1

,3%
16

*

57%

2%

•

I* *

•V- '•

'■ '•

•*V

Jun

5%

Feb

1%

Jun

3%

114

Oil

Salt Dome

—:

;

14 July

*214

Co

113

United

Sanford

Mills

3'8

800

Schiff
.V

Co

Schulte

i

'

A)

(D

" /•.> '

/-•.

1

common—

:

Electric

.Scranton

Lace

Scranton

$6

12

%

a

•

25

14

"■

2%

Nov

3%

19

v

..

'

•'•—

%

1

Nov

1%

Lr$'-

24%

25

8,000

■

v

400

A Feb
a:

-

8 Va

500

:.

Steel

Co

——•

16%

A

18

16%

:

Securities Corp General..—
Seeman Bros Inc.—

Co

?

-r

(!

'

1
•
—•
.1

;

stock.:

Convertible
$5.50

19% May

90

a

Denn

•

29

•

■

A 27 a.

———•

"••

Oct

19

8

k

/;••,

a,:-./

aa

Va

:

w-

51

.

A

-

32

3%

'

r

-a A

13

3%

51

.

51%

-

50

a#a

-

38
38

.

..

4%

-

a

2%

5%

pfd series AAA

cum

of

Sherwin-Williams

Silex

Co

25

common.

100

Canada

•

;

A 4%

4%

Vhf

13%

13%

52 %

a

convertible

preferred—

Simplicity Pattern

a—-A

a-.-;aa,

'a'

'

112% 113%/

a

,;.-a*'a

'''

..mZ

"r

:

Feb

,

-

20

a vilii aia '•A

; •

Skinner

U

10%

110

..

'

115

Jan

6% Sep
814 May

.

Aircraft

-Solar

Manufacturing .Co

Sanotone

Co....

Corp

9%
11

S

South

Penn

Southwest

Oil

Pa

California

Southern

Dec
Jan

3% Aug

7%

Jan

2

Fob

2%

Dec

5%

Jun

7%

500;MM."

'

v

100

l

%

11

11,800

3a

2,700

9%

%

33,800

-

V

:

&
JA

■1,300

213a

22%

; 3,400

—•

27

28%

•

77

77

22!

preferred
Ltd—

-A

—

preferred B
preferred series C

7Vo

Power

•

2%

-

V

2

.

1%

•

•"

\

-

1

25

class

38%

1%

•

Phosphate Co...
Line
1
Royalty Co...

3814

39

2914

39

2914

i

Spencer Shoe Corp.

Stahl-Meyer

21
May
72% Mar

20

Standard

Inc

1

1
*

39 a

1% July

_•.,

;

A 42

5%

5%

4

Jan

725

50 % Mar

63

Dec

45% Aug

1

10

:

29%

Rubber

Reclaiming

•

4

3%

1,000

3%

2%

2%

7,800

2 'A May

3% Jan

7%

7%

200

6% Jan

8%

Apr

A

Nov

•

A

'/a

.

60

59'/a

A

%

*

60

2,400 *

A

600

A7%

10

...100
1

VA

114

Feb

;aai %

1

—

Standard Silver Lead
Standard Steel

2214

22%

42

$4

Mar

122

Feb

5

160

v

•

*

.

:

•!* '

5
•

..

Standard Tube -class B__
Starrefct
Stein

Sep

& Co

(A)

'.

6%

1st

5%

2d

2%

,

.

Jan

3A Jan
10

2%
3A

common

preferred.
preferred

.1114

10%

61%

Nov..

9

Nov

30

Jan

2,800

1%
Va

12%

VA Nov

Apr

10

Feb

'A

ft

23

^

900

f.1

1%

1%

3%

1%

3%

Dec

4'A

Jan

lA July

6,100

r

.'

%

.

1%

Dec

1%

*

"m'm :

Jan

8

1

common

44

47

1

Co

A

14

Equities

common

..y—'a

_.

:

450

a

475

'.••'•■'

..

is •'•vA%a

Sep
Jan

2%

A A

•A

1,400

Feb
Dec

15% Oct
3% Jan

.

.

a 62

Apr

/• 1% Mar

"

Dec

26
47

•-•

Jun

41

:

-

A
:

Mar

700

45%

43%

45

1

10c

...

2 Va

2%

5

Sugar

,

25
10

1,350

14% A a a

-

14

-mm

47

a 11

5% May

6,900

i;' r\

Oct
Nov

A/, .4
Dec
v
■*'( - % Oct

% Jan

«c'r>

11m

9%

10%

Dec

-AA:. A Oct

Jan

7%
100

23

is Apr

V

'

—8

priority

stock

1

...

150

49

48%

49

May

,11%

:

.•v

—

,

;-.

iv

-

110

■

a

a2

a
6

6%
A 23%

footnotes see page 29

T




A

14

14

•

Jan

.1% Dec

;

Jan

v.

% Oct

33% Mar

49

Dec

afa

'

-

J.,

Va

21 Va

400

I

Dec
Dec

Walker

Wayne

A Nov

West

3%

*

tV AUg
May

414 Mar,;

Jan

8%

"

8%

'Wentworth

Sep
Jan

Western

Dec

%

14 May
19% Jan
A

2%

y8

Sep

Va

—'

—

.

20

7
..

5%

Coal

Westmoreland

„

Jan

2

&

Apr

Aug

31

Oct

35 y2 Mar

7

Oct

-a

Coal.

(R C)

Oil-O-Matic

8

Willson

Products

Wilson-Jones

300

,.

200

8%: July
A

Nov

%

Jan

May

13%

Feb

1%

400

Nov"

81 v Mar

ya May

9

•••'•

VA t VA

2'A

Feb

3%

y

Oct

2%

Dec

100%

Jan

Jun'-

86

*3%

*3%

6%

5%

"4

Nov

27/a

6,900

Jan

4%

Nov

2

1,000

6%

Mar

6-y«

Dec

Dec

8%

Oct

8%
67

67

67

20

100

19 'A

16% May

'

"■

5%

Mar

5 %

100 *"•

5%

7% *

:f
:

Dec

5% July

7%

a" 200

6

% May

a 1%

1%

100

1

Aug

9%

9%

175

8%

Jun.

a 1.8%

9%

400

6%

Jan

Oct

15% Aug

Mar;

12
,

5%:..

75

61% May

20

.

13

♦

;

Wolverine

Oct

Woodley

1%

Nov

Wool worth

'

3,900

Apr

1

Jan

Jun

3%

Dec

;
•

;„*

Heating

Inc

4.

Co..

Portland

Petroleum
(F W)

;•

1

4

10

pfd

100

Cement

Apr

7%

Jan

u

J3«

10%

Aft 6%

Apr
Feb

A.-: A

700-

:/■;%
V :•

5% " Jan'

Dec ."
:

1% Mar,

J

10

Light 7%

Feb

2

%

>

1

Wisconsin Power &

U

650

Nov

4%

600

10

Corp
& Co

4%

%,

Jan

9%

6

4—4.20

River Oil

500

2%

90 JA

79

5
...

1st pfd—100
Stationery com..

Williams

9% Aug
3% Jan

50

Dec

3% Dec"

700

•

Mfg

1,800

6

NOV

17% Feb
5% Oct

7% Mar

—20

Williams

Apr

2
■

40%

100

3% / 3% A/
.4%A;5a A

5

Iff

Coke

Weyenberg Shoe

Apr

8

.

:

25
-

13%

Nov

Oct

6

Nov

6%

Jan

8% Nov

A Mar
46

250

■

200

.

83A

10%

1.25

^Westmoreland Inc

1%

.

1 Va

2%

■

7-

• 44

U

Apr
Apr

:

3% Apr

1

Air Lines Inc

•Western Tablet &

Dec

700

.

:

.

8%

1

Western Maryland Ry 7%

6%-Nov

28%

Apr

13

Oct

,

Jan

Sep

42

8%

—5

Western Grocer Co

Mar

A

200

•

—

manufacturing
Utility $6 preferred

12%

sz

3,700

8%

2%

-

-

•:

.—

3%

Wellington Oil Co..

14%

13%

600

46

50

*

class A

110%

Feb.

114

""a-

•

:

Wichita

"™V\

43%

_•

West Texas

^

1

1

Co

Mining- Co.
Knitting Mills

Jan

.,1,500

22-

Waitt & Bond

Jan

12

900

.

a

%

A

Jan

950

,-.6%

Ti>

21%

,

14

Dec

2

Apr

1,000

'

100
•

Wagner Baking voting trust ctfs 6xt__*
7% preferred
;
——.100

14

10

%

5,100

15

"'

Aircraft

114 Nov

103

4%

W
Waco

1% Aug
9% Apr

5,200

;

3

-•

Feb

:

—

n
4%

14%

1

Oct

Nov

••■

u

Co common

Jun

75

ai

A 5%

»w

1

Inc

A

4,700

110%

13%

v

*

15,4 May

•

"A

.450
-

• •

5

preferred

Petroleum

Class B

600
100

',%•

15

.1

common.—.

convertible

Virginia Public Service 7% pfd
Vogt Manufacturing

-1% Oct

1/64 Jan

.2,600

,

11% : 12%aaa

:

•

a:

1%

For

'

H Aug
•

7«A Mar
-

10% May
12%
110-

1

B)

2%

:1

1

<J

.700

A)

-2%
3A

•

.1%

Sterling Brewers Inc
Sterling

*,

—

2.

Sterling Aluminum Products

Stetson

Sep

May

r

6% Jan

Jun

5

—.—

Sterchi Bros Stores
-

•...;

(The> Corp voting trust ctfs__l
•

.Steel Co of Canada

>/e

3/64

1

Spring

'

Jan

T%4%- Apr

1,200"

1%

23

•

voting trust ctfs—....1

Pictures

Venezuelan

oct

Nov

May

1,000

A114

14

Products Co

~VA

1%

1%

...50c

common—

Insurance

Valspar Corp

Dec

14

400

•

;

Preferred

Standard

7

A

27s/2 Mar

"l

VA

...•

B.

$5.50

"

20

pfd

Standard Power & Light
Common class.B

Apr

33

43

375"

..

...50o

convertible preferred

Class

Utility

Dec

2814

6

1

(Ky)_,
(Ohio)—5%

May

Apr

Jan

24% Mar

100

1%

2.78

$1.60 convertible preferred

Oil

Sep
Mar

W

Dec

30% Mar

50

100

-614

•

,

Convertible preferred:

Standard Oil

2%
250

Aug

T3%

2%

7J/a

♦,

Utah Power & Light $7 preferred—
Utah Radio Products

Dec

28

36 3A

,

Standard Dredging Corp common

,

U

Jan

Dec

Jun

Va Mar

61% .63

,

.

3%

5

and International Securities

Utah-Idaho

Oct

105

5

Brewing Co

Standard

28%

85,

1% Sep

$5 1st preferred with warrants—...*

Universal Products

Apr

Apr

10

Standard Cap & Seal common

{

•

,>■' 3%

Oct
Jan

38

r62%

"

2% -Nov
2%
■

27%

100

'

•

Jun

23% Mar

.10

dep rets ord regis—

;

23

Apr

244 '

1

B

Universal

.Apr
Dec

Oct

ft Sep

'

Universal Corp

Spanish & General Corp— •'V/y"i
Amer

;

2%

Sep

1%

700-

,

25

A

'Spalding (AG) & Bros™
•/ 1st preferred—
1——;r—

...

a'

25

.25
—25

Pipe

Southland

31

Jun

1% Apr

..

200

.

preferred
100
New England Telephone..100

Southern

Jan

Jan

A

.

;

common.—

Universal

•

'3% a

37%

-*

100

2,800

IV*

1%

-

3%

Dec

Dec

400

2.

2

.

:

a

;?'

'

2%

Southern
Southern

126%

1,600

25c

Universal Cooler class A

Dec

/ff
,;i%

Oct

:m % oct

% Mar

...

United Wall Paper.
,
.2;
i Universal Consolidated Oil———10

Dec

is

1,600

:

2%

Dec

%

10%

25

United Stores

Oct

93%

:»a

9%

A7

Jan

:<A!

*--100

preferred
..10
Machinery common....25

1st $7

Mar

Feb

% Nov

_

A

X

A'

U S Stores common

1714 Apr'

Nov

Jan
Feb
Jun

Va Mar

100

;A

a

.

Apr

3Ja

10,500

A,:

57%

Jan

97%

5,800

7/64

*A

•

a 15

A Jan

550

113% 117

>A

Mar

Va May; :
1/64 Jun

50

a

.

is

a
'

*'

Jan

2
5

Dec

X.

5%%.

Colorado

•

2%

r\;

original preferred

6 fo

Southern

.

2

10

Edison—

5%

2

182%

1%

.

•

—25

...

3

Dec

1% July

■

Aug

Apr

100

100

1%a-

Pipe Line

Oct

3

'A

Co

Foil Co class

US

Jan

Dec

130

90

2%

1

.

2

—.p'v'-'v-

—1

common.

'South Coast Corp common..

7%

57% Jun

U

113%

,U S Lines Inc preferred—..
-J....10
U S Plywood $1.50 conv preferred
20
iU S Radiator common
4
.1

Jun

%

10

-v-:'

1

.

^ ;Soss Manufacturing

173

2

v'f

•

..1

1

Oct
Dec

'

.El
100

Oct

2%

„

Dec

Apr

700

173

1

.Solar

•aa
'

•

1/64

u

Shoe

-a'

U S
I

*.

Co.

Organ

Aug

■

2,100

12

9%

•

United Specialties common

13%. Dec /a
84%

v

15'A

—1
100

common

Manufacturing Co.—
,Singer Manufacturing Co Ltd—
,•
Amer dep rets ord regis
Sioux. City Gas & Elec 7% pfd

1

-a:

1%

.

100

•

Vz

::

...

Sharing..

jU S Graphite

Dec
Jan

Va

1/64

1

Preferred

>■■"•••

Dec

Sep

Profit

United

f

4'/2 May

59% May

•

Singer

5

39

900

6%

12

..a;-/-

•

Amer dep rets ord regis
NJRR& Canal Co.—

v

a

Nov

4

i

United

A

Dec

a 51%

Molasses

-A"

5%
•A—.' 7'

'■

10c

Stores

preferred

participating

United

Nov,

/• a.
.

9%

i.

12

1,200

a;

-

4%

4%

:

/A:

3

A:' -'U—

%

.Simmons-Boardman Publications—
$3

Jun

Jun

:

•

NOV

DecAAA: A 5%

2

300

13%

5

Dec

-

x4%

200
A 5,100

2%

%
a

Va' Apr

—•

common

7%

4% July

r

■

Sherwin-Williams

Dec

fs

Dec

Mar

'

i

Dec

Apr

-ac:,.
4

t'.a, 2 A.,

Apr

>

Oct

13 a':

Mar

$3

Jan

6

•

warrants

warrants—

1st

United

Mar

%

Vs Jan.

>

.

'..
.

36
a

WW;A

_*

common

.United Milk Products

Dec

aaa 5%

a

Jan

1

7

(.300

.

8%

A

150 A

51%

3sa

•

500

51%

afl2

a,

8,600
%

■-& Apr
;2% Mar.

50

.1

;

26% July.

/

-

1,400

-

.

;

-

't*

•

1

Common class B
$6

9%, Jan ;

a: 3

'•

_♦

Elastic Corp

Option

i

1

Jan

69

10

United Light & Power common A

Aug 'a;

AV'

.

Sep

3/a Mar

-a

100.a

.

4%

13

—5

iShawinigan Water & Power

Dec

Nov

3

~.

1,200

1%

1%

A-

—10c
Co

United Gas Corp common
!
? 1st $7 preferred non-voting

Oct

113%

-

July

6/4

6,900

4%

.

-

1

Jun

Apr

29

r.

350

2

1%
"

Products

Cigar-Whelan
Corp

United

Dec

Oct

29

600'}!

i:
-

Tff -

-

,

'51%

—

\l

29

-

4%

a

600

"

1
1

Mining.

n

aa

%

.

■

certificates

Seton Leather common
:Shattuck

United
United

Apr

22%

Mar

15%

140

7%

•

—25

Sentry Safety Control—
Serrick Corp class B
;

1%
6%

a'a

—

—aaa-A

2

1

$3 cum & participating pfd

V

n Nov

v'

50

.

;

5

prior stock

Allotment

Jan,

..

;

Jan

111

...

|..A ■'

7%

:

*

1

Selected Industries Inc common...

t'

48

7%

1

Segal Lock & Hardware—.
Seiberling Rubber common..—
Selby Shoe

49

_*

common.

Jan
Jan

6%

1,900

1%

Jan

•:

•

•%

Apr

3% May

'.'

39

1%

%

% Mar
V-

•

•.

common

Chemicals

>

Jtm.

'v:'

Spring Brook Water Service—
preferred
*

$6

111

3,000 A;:.*

4%

4%
38%
-

•

X 103

Mar

-

*

Canada

Aircraft

United

Nov

12

Scranton

Scullin

tv

•

•

39

—1

...

Union Investment

NOV

Dec

9%

s/a

%

Apr-

200

a.-a; - a:-'
21
22%

24%

25

common

1,200

Mar

-95

1,000
8,300

i

1

preferred—

United

Jan

26 y4

.

of

Gas

Union

Jan

121%

100

A

12 V

,

—•

preferred

%
1%

..

4'A Aug
95

;

-85

6%

4%

Corp
Manufacturing

Unexcelled

'

Convertible preferred
Scovill Manufacturing...

.

12

—

:S'--

••

.

14

—5

vx

common.—_—
•'

'

■

Jan
3% Apr

^

Dec

•

Jan

f49

Oct V

2

Feb

%

■

Dec

50

_

16

Corp

A.i:.——.

860

l3/a

•

is

Realization

Ulen

814 May

> -Sep

r
'

Oil Co.—l—i

Savoy

.,

.

a

a,

-6%

"Vl%

1

•

convertible

80c

Dec

1% July
AA % Feb

5,300

34

1%

Sep

814 May
114' Aug

105

50

*

:

...

;/•

.

214

34

1

Corp common."

3A

22,700

115%

214

.

'

Samson

200

VA

"1% J!i%

l'/a

1

preferred

Dec

Feb

A

A;

—5
100

Regis Paper common.—
l'/'c

5%

U

St Lawrence Corp Ltd
•
Class A $2 conv pref—...A—_50
St

Vi

V

"v'-

-•>6%

Udylite Corp—
s

>1,400

Oct
Dec

Aug

Nov

li

———

Tung-Sol Lamp Works

3% Mar

3%
17%

Jun*

38

..

Co

Chatillon

Class

i--:

—1

of Nevada..

Inc

Tubize

53

100

i1

-

■

2%

ii

50

51% A-

100

preferred

...

.

Mar A

4 V* Aug

warrants

Trunz

Dec

50

>

Dec
.NOV

8%'• Apr
104
Dec

'

__

Tri-Continental

Dec

17

Oct

6%

Tonopah Mining

Dec

3
"

a

preferred

Transwestern Oil

Dec

14

.1,800

38

3%
20

'

Jun

2

550

....

4%

38

'
•

' 4

>

86

1,100

17%"

Jan
Jun A

6%. Dec

20

3%

17%

17%

2V4
16%

36,400

103 W

■

3%

5

Stocks

Trans Lux Corp.

Feb

Jun

.314

1,300

103

2

;

5,100
2,900

7 Va"

6%

—

Edison

7%

Jan

B'eb

a:a.:. 200

%

'

Shipyards Corp

Toledo

Jan

23A

900

3%

.

36% Mar

a-a 200

3%

3%

,

Allied

3%
18 y4

6%

...100

common..

Product Exports.——.
Security Trust Co Ltd—
dep rets ord regis

Tobacco

1214 Mar

Apr :
914 May

25

i—1
•
1

Aeronautical Co
Ryan Consolidated Petroleum—
Ryerson & Haynes common

95

VA

250

17

2 %

Ryan

Jan

2

"a. .a... 100

16,"

55%

.—

14

103A May;
714 Apr

2,300

•
:

y8

:

pfd

17%

Dec

77

300

214

20

Russeks Fifth Ave

1%

&

Tobacco

Dec

14 Mar.,

50

Tobacco

Oct

6%

Light 1%

Co

Roofing Inc
Tishman Realty & Construction—

Jan

11%

Power &

Shovel

3Va
17%

3%

•

Tilo

'

1

Royalite Oil Co Ltd—.

5%

Dec.

•

700

7% A. 7 %

5
5

Dec

514. June

300

:

•

21 %

Apr

',.914

300

6%

:6!4

Jan

.2% May

12,800
A

A 114

1
*

common

common

Texon Oil & Land Co

Nov

14%

110

common

Texas

Thew

Nov

914

2%

Typewriter—

Royal

34

250

10 Va

6%

Technicolor Inc

Oct;.

2,000

10

14 July

1,900

convertible preferred—

$1.20

Apr

3%

A

;'a' *'

ai

90'A

Co————

Petroleum

51%
:

700

89%

Roosevelt Field Inc..—.—_
Root

Oct

.;

10'/a

21

1

pfd D

Apr,

1,300

Va

& Pendleton Inc...—

Cable

Rome

Tampa Electric Co

16%

A

%

Co v t c

Rochester Gas & Elec 6%
Roeser

13'A

%

21

.*
—-—1

—

...

Taggart Corp common...

Oct

Sep

Dec

21%

l7ff

—1
——1

:

14

1214

480

41%

1% Aug

5

Engineering—

Republic Aviation
.—
Rheem Manufacturing Co

,1214

'

50c

Reifiar Foster Oil Corp——_

A

Dec1:

45

)jL3%

*

—;—

8% Nov

Apr

A «ian
38

...

Co

Roller Bit

Reed

4

100

%

-'*
common—50c
—I

Manufacturing

150

7%

7%

10
1
-10
*

Voting .common

Railway & Utility Investment A
RatK Packing Co. common

9%

'
-

10
1

;

•

"'33/4

—

Jan
Jan

9%

Nov

94

Mar

110

Nov

3%

3%

3%

—

2%
12%

•

800

3

Jun

4

Jan

4'

300

3%

Dec

5

July

Ltd—

American deposit receipts
Wright Hargreaves Ltd

;

31;

Bg
♦

lVa-VA

17,500

6%

Dec

2%

Jan

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

Volume 157

Last

Interest

Exchange

Curb

Period

Week Ended Jan. 1

—.—1950

J-J

-.—.-I

debs_

f

s

No,

Low

High

Vi 103'A

3

102

105%

7

107

s 4

96%

90

90

J-J

Debenture

"106'% 106%

106 %

J-D

A-0
J- J

22

38

Cont'l

Ogden Gas 1st
Ohio

47%;

12 %•

12%

127/a

13

12 Vi

13%

F-A

12 %

"12%

5s

ADebenture

A-0

127/a

12%

13%

—_—1977
-1955
1955

F-A

12%

12%

71%

72

—

'

5%s

deb

AConv

Assoc T & T. debates A__

4Vis

Light

Atlanta

Gas

Atlantic

City Elec 3Vis

'

M-S
M-S

106 Vi

"

"<

1st

M

series

5s

C

—

s

River Power 5s—

Broad

i

As

.

Northern

Canada
Central

;

.

/:

.

*

1st

105% 108

.99% 100

105

62

i

33

86%

86

,.

104

12%

125

4

94

59%

98

Edison

El Lt

Gas

series

3'As

& Pr

ASchulte

85

Scullin Steel inc mtge 3s

84%

26

72

85

86'A

135

62%

96%

Shawinigan Water & Pwr
1st 4%s series D

86%

84

83%
84%

57

64

96%

Sheridan

1971

N

A-0

—1958

M-S

3%s—

Packing

104% 107%

"

82%

.

120

72%

72%

Electric

Light 5s

&

Power

& RR 5s—

Elmira Water Lt

M-N

1954

t

■'

•

.£■!' ;

'

5s—

General Pub Ser.v

§AGobel (Adolf) 4%s ser A
Grand Trunk West 4s_.
Great Nor Power 5s stpd
Green Mountain Pow 3%

Products,

Grocery Store

West 6s.

&

Guantanaino

'

§AGuardian Investors 5s

J-J

93%;
72%

J-D

Counties

89%

^

J-J

—

F-A

99

47

Jan 1949

r

96

98

A-0

;

110% 110%

A-0

105

104% 105

J-D

101%

J-D

99 Vi

101% 101%
98% 99%

M-S

93%

-:-i.

{International .Power Sec-r
:fi"iA8%s series Cf——1955
1941

EJL——.
——-1957
1941 coupon)——.-1957
F__
.1—
——1952
A 7s (July 1941 coupon)
1952
Interstate Power 5s
1957
Debenture
6s
1952
Iowa Power & Light 4 Vis—
1958
•

A7s

F-A
A-0
M-N

,;t

92%

40

56

81%

91

:

6s__
(stamped)

Superpower

Altalian

a Jacksonville

Gas

—1963
1942

Pow & Lt 3'/is
1965
Power 3Vis—-i_—1966
Electric 6s_—
2022
Kansas Power & Light 3Vis
1969
Lake Superior Dist Pow 3Vis
,-—1966
Louisiana Pow & Lt 5s
—1957
Jersey Cent

"

...

i-u

G

Middle States Petrol

&

6Vis

81%

.

39

47

P & L 4%s_

ref

5s

;

83

'

City Rapid Transit

Twin

Nassau & Suffolk
8 A

Y;' 83%

96 ya;

96

Y;

6s

Nevada-California
New

New
5s

Amsterdam

New

Elec
Gas

deb

Power

Orleans

AIncome

88% 100

2

6s

Public
series




Nov

25

50l/a

,106% 107
94% 94%
$60- "62

23

60

'l'.

5

1

.

.103% If?
1

108

88

,'i.

*'

42V'a

61

64 Va

63%

65%

27

49

63%

63%

64%s

29

49

76%'
76%

64

64

65%

39

49

77

-

A-0
F-A
J-D

64

65 %

40

49%

F-A

63%

63%

65
65%'

29

76%'
76%

,

63%

63%

F-A
A-0

.

"

;

13%'

12

25

103a

16

10%

'

78%

17%

2

24

V

50

8

12

J-J

49

,

24

24

13%

24

13

(

.;.A

A-0

2

105%

"M-N
J-J
F-A
J-J

,

105% 105%

24

107%

J-J

V. 107% 107 Va

4

$110

ft

105

107%:
106% 108%

99

,1

108

1

'

"10

85%

86

:

86% 101 .!■
108%;

106

20

111% 111%

85%";

118

107

115

99

i 108

>.

111%

J-D

A-0
F-A

J

4s

;

.Utah Power & Light Co—

lien

/

&' Power Co—

<->.

-

4,.,

,

69Va

23

97%

96%

97%

11

•

;

88%

;:iii%. 114%'

.;;:;io3% 107%
:

V 82% 100%
a

11

'116% 116 Va,

116%

i-••

'

115% 118%

/

94

—-V: ■*: 95%

92% 100

96

94

F-A

^1944

St gen 4y2s—
6s series A___

£

106%,; .106% 106%
•

A-0

•

—

Waldorf-Astoria Hotel—
y

83

West

71%

82%

West

13

79

118

Penn Electric

83%

99

6s

20*

Y; A Stamped 5s

8

15%

16%

v'2

15%

15%

6

15%

16

7

'H 5

74

747/a

54

65

36

31%

-

18

99% 108%

3

107% 117

'

72%

J-D

—1947

64

63

.

!;

}}
,

3

75 •' ?

$72
•

6

84%

72%

71%

78%

13

110

84%

F-A
F-A
J-D

1937 y

—;

——

5%

iioy»

•

extended to 1959

Rys Co 5s stpd

20
19

102

110

102%

2%

108% 110%'
107

111
102%

$110

J-D
A-O
J-D

1964
——2030
—I960

5s

128

4%
4%
$108% 115

;

4%

J-D

Union—
unstamped extended to 1959

5 A York

5%

■'-8',-

Western Newspaper

105% 107%;

8

«..1954
—1951

5s„

Traction

Penn

M-N

,

-

Ry & Elec 4s
Wash Water Power 3y2s

71%

*

2022

debs.,

income

A5s

19

8

41%

;

'

16%
J-J

J-J

74%

35%

J-J

J-J

16

J-D

M-S

J-J

47%'

107

107%

107y»

11

19
19

A

109%

YY

54

105

108

New York Curb Exchange

:

M-S

$100% 100%

M-N

$108

87

87

108%

110% 110%

M-N

101

J-J

101

120% 125
110

105% 106%
26

107% 110%

80

90

98% 101%
106
107-

109%
110%

98% 101%
50

64%

102% 106 7/a

J-D

107

J-J

103%

107

103% 104%

$112% 113

M-N

A

20-year

A

12%

F-A
F-A

99%

Sale Price Bid &

(see

Bogota
ACauca

105% 108

100% 104%

110% 112%

7s__

Bank

Mortgage

Valley 7s
5%s
5s

Danzig Port & Waterways—
A External 6%s stamped

City

1—_1952

Oct

1927

—

13%

14%

$9

M-N
J-D

6V2S

Government

6%s

A5%s

44 "'

15%

',""50

25

20% '48 3

15

$10

12

"fl

13

$18

19%

13%

18

:

$15%

16%

9%

'

—

-

—

M-TX

29

29

25 Va

A-0

$29

32

25 y*

"

J-D
J-D
M-S

$17%

—

—

13%

2%

J-J

2%

J-J

M-S

49%

47

497/a

J-D

50

47 Vb

50

$Thursday's bid and asked prices; no sales
A Bonds being traded flat.

49%

47J/a

49 7/a

.

"b 21%

21 %

15

16%

10%' 17

2%

2%

1

2%

2%

1

$109% 110%

A-0

29

16%

J-J
J-D

J-D

29

-18%

21%

1959
1919

'

15%

45

18

$32%

1921

Janeiro

44
"

9ya

43%
34

$30

1

High

-

—1931
Mortgage Bank of Denmark 5s
1972
AParana (State) 7s
1958
de

13%
42

1947

——

AMortgage Bank of Chile 6s

ARussian

14%

M-S

(Peru)

Mortgage Bank of Bogota 7s
Alssue of May 1927
of

Low

25

43%

J-J

—

A Issue

January

No.'

25

M-N
F-A

6y2s stamped_1958 '
AMaranho
7s_
—1958 '
AMedellin
7s
stamped
—^-1951
ALima

Sold

44

-44

J-D

1948
—^—1955
1953

—

high

Range Since

Bonds

of)

—

—

Asked

$43

A-O
J-J

April 1946 ;
Jan 1947

20-year 7s__

A Rio

98%

Thursday Week's Range
Last
or Thursday's

Agricultural Mortgage Bank (Col)—
-

100% 105%

105%

Period

y;,.:;.' ';:low

112%

52% 52%
105% 105 %

A-0

Interest
"

,

Danish

F-A

.

Week Ended Jan. 1

107%

106

bonds

;

,

21%

12

$106% 108

109% 103%

6%

20

38

$122
125
-$112% 113

109%

■

5%

6

$106% 113
„

U-

A-0
J-D

17%

46 Vi

17

15

106

$107% 108

M-3

•

3
'

-3%
1 3

§Reported in receivership.

*No par value,

-113% 114

M-S

97%

96%

97%

113% 113%

M-N

M-N
A-0

76%

74%

76%

J-D

80%

79%

80 Vi

1949

J-D

107% 107 V*

Service—
A__z

52%

51

107

5%s____1952 ; ;;■ "'J-D

Wash

103%

100

&

2

1954

Debenture 5Vis
New

21

nl7 Vi

15

1950

3Vis

98vi 103%

$101% 102%
52

A-O

1956
2022
1979
1968

Debenture

93% 105%;
90
104%

1

16%*

15%

-

;

98% 106 y8

16

16

Vi

1961
1948

5s

England

103% 107

,

1947

England Power Assn 5s

99% 104

M-N

1948

—

39

107

1956

5s_—
5s

Eng Gas & El Assn 5s

Conv
New

13

__

17%

87

1

107

1981
2022

4Vis

A

103%;

60

102% 105%:

106.

107

1948

Power

series

100

1

103% 103 %
$105

% 102%

..1949

107% 110%

103% 103%

National Public Service 5s ctfs__ 1978

Nebraska

8i
80%

1

J-D

1945

Ltg 5s_—

87

102

—1959
United Lt & Rys (Delaware) &y2s_1952
United Light & Railways (Maine)—
6s series A
—1952

Light

N

Electric

United

\:io9% 111%

M-S

1957
.-1951

Mississippi P & L 5s
Mississippi River Pow 1st 5s

1

102%,
102%:

102%

M-3

1st lien & cons 5 Vhs—

1978
1955

4Vis

86

53

;;

.—I960

3y2s—

United
.

:;„14%

1967

RR 5s——

Gas Light

Minnesota

1st

.—1965
1945
1943

.i_:——

28

100 Va 100 %

F-A

.v

——

Edison

Toledo

Extended

——1948
Mengel Co conv 4,Vis
1947
Metropolitan Edisdn, 4s E
1971

Milwaukee

79%
79%

.

& Mfg—

Radiator

stamped——

Midland Valley

94
102V2 102%
93 Vi

114%114% 115
$ 104 Vi 106%

16

F-A

M-S

series

-

80

J-D

4s

•
-

J-D

Kansas Gas &

6s

130

77

100 Va 100%

100%

F-A

1946

5s

Power

Water

6s stamped

Kansas Electric

McCord

129

38

84

;io2

96,

67

A

series

Tide

108% 108%;

5

deposit-^

of

Industries—
stamped——

Service 5s..
Power & Light 5s

Texas

6s

;

■

(Aug

series

A 7s

M-N
J-J

coup)—1955

series

A7s

'

10

87

$58

J-J

.

1957

Electric

Texas

1st

1

130

130

130

100

85%

96

"$96

96

82

112%

(Hugo)
2nd

7-4s

•

€l

Corp—

stamped

Certificates

93

90

.

7

19%

A-0

(Dec

96% 102%
75

108

A-0

1957
—-U950
1 ;■
——1946

inc 5s

(Hugo)
3d

7-4s

Stinnes

45

19%

—1989

—May 1948
1951
Dec 1 1966

stamped

6s

Stinnes

106%

93

/£

—.

——May 1948

(stamped)

.

77

111% 111%

A-0

103%

2

M-S

—2022

& L 6s—

P

(A G) deb 5s—

6s

79%

80

$43
>

M-N

103%'

98

6

111% 111%

.,

J-D

—1970

3%s

gold debentures—__™—
Standard Power & Light 6s

48

99

.

1967
111 Pwr & Lt 1st 6s ser A
1953
1st & ref 5'/as series B_
—1954
1st & ref 5s series C
1956
S f deb 5%s
——May 1957
Indiana Hydro-Elec 5s
—1958
Indiana
Service
5s——
—1950
1st lien & ref 5s
1963
AIndianapolis Gas 5s A
-1952
Indianapolis P & L 3J/4S1970

A6V2S

——

6s

102% 104%

91

J-D

J-J

J-D

3%s

Power

—1971

:

Debenture

.

22

108% 108%

.

J-D

i

150

98
v

(Calif)-

Gas

6s___

25

\'Y

56

$90

,

1

93
90%

53%

90

—-Jan 1949

Idaho

132

10
24

80%

80%

A-0

Rys 4s——... - —1951

Debenture

106%

12

75

,

r91 %

93

r

M-S

106 Va

105% 108%

;v5'

,102%
101% 102 Va

J-J

Conv

'"96% 104

27

98

$.J

„

108%

103

102% 103%

J-J

92%

102%

91%

98

;

J-D

M-S

——1950
.—1950
—1963
1945
—1958
—1948

91%

91%

79%

106

"8

107 Va

102

J-D

1957

5s„

Power

86%
123%

2

,'104% 104%

104%

J-J

1966

B——

series

6s

,

138% 138%

,102%

J-D

3s__—1965

Southwestern

!

1941

Hygrade Food 6s,ser A—„

107

M-N

—1947

Spalding

103

$104% 105%

A-0

1965

3'/aS

Houston Lt & Pwr

71%

4

.$103%.104%;

J-D
M-S

——

Coal 6s_

Wyoming

Carolina

68%

7

46

1

—1948
1978

AGpneral Rayon 6s A_
Georgia Power & Light, 5s—
Glen Alden Coal 4s—,

109% 112%

2

77

107% 107 Vi

A-0

Southwestern Gas & Elec

122

46

J-D

——1969
*——1953

A

Power. 3%s

Gatineau

*■

•

72

107% 111%

3

111% 111 Va

J-D

—1970

77

.

,

■f 4

46

;

97%

87%

6

lllVb 111'/a

Vb

111

A-O

A-0

AStarrett Corp

1954

\

29

103% 104

103%

M-S

-

'rr

72

104

104

M-S

Residential Mtge Bank—
6s-5s stamped.
———1961
Florida Power Co 4s ser C
1966
Florida Pow & Lt 5s

M-N

3

100% 102%;

$123%

M-S

116%

111

97%

97%

M-S

4V2S-.—1967

1st mtge 3s_._.

125 V*

60

1

■

22

79%
88%

88

—

Finland

'A

78%

79%

F-A

-1952

Empire District El 5s—
Federal Water Service 5J/as

104% 106

'

A-0

Southern Indiana

69%

93
.

.

100% 101 Vi

101%

M-S

1956
2030
.-1956

A.

$104% 107

•

.

M-S

6s

Eastern Gas, & Fuel 4s ser

,

V

California Edison
California Gas 31/4S__—1970

••

99% 103%

103

$121
125
81% 82%

J-D

———1955

Cuban Tobacco 5s.

Cudahy

—

,

F-A

—*—1944

Continental Gas & El 5s

105% 108

106% 108

1

.

4y2S-——--————1954

Gen mtge

105% 105%

'.J. $102

—

107 %

J-J

—

Southern

108% 110%

_

J-J

1st ref mtge

•

32%
104%

104% 105%

$106
107
$114% 115 VA

-$106

M-S

—1951

South

$109% 109%

J-D

ref mtge 3s ser

,1st

F-A

—

Southern

(Bait)—

P————1969
2%s ser Q—
1976
Consolidated Gas (Bait City)—
v; :
-

—

*

J-J

Joaquin Lt & Pwr 6s B___.—1952
—1951
Real Estate 6s

San

117% 122

122

$120

J-D

J-D

.—1979

Safe Harbor Water 4%s—

Southern

Consol

4

J-D

69%

84%

85 %

105% 105 %

M-N

31

84%

J-D

105 %

t

20

100

perpetual certificates—,
Sound P & L 5 y2s__—.—1949
ref 5s series C
1950 v
& ref 4%s series D—_—
1950

85

A-O

M-N

14

28

30%

; -

of New Jersey—

86%

86%

84%

31 va

-102 Va 102%

—

89

85

85%

97%; 102%

11

102 VA

102

'

M-N

1956

*

F——

69%

857/a

M-S

E_

5s

"

102%

1950

extended

series

U'

"

Co—

74%

J-D

M-N

& Coke

Gas

188

95

$89

.r

;

97%. 104

M-N

Queens Borough Gas & Electric—
5V2S series A——,—_—1952

99% 104%

,,$101% 103%

A-0

M-S

-

102%

2

100%

100

A-0

-

105%. 108%

$108% 109%

"

—100 Va 100%

J-S

1st

100 %

40

F-A

1955

5s—

1st, &

13%

2
101

45%

48

F-A

107% 110

F-A

1st mtge 3s__
-1964
4Vis_——1977

Service

Puget

13%

4;.r

48

100

100

J-J

;;

179

100

10%

12%

M-S

109% 109%

'J,.

A-O

_1948

1979

stamped

6%

105%

101;

12 Vi

10%

86%;

79

8

'

$103% 106%
12%

v.F-A

Aug 1955

1961
Power Corp (Can) 4y2s B
—1959
Public Service Co of Colorado—
1st mtge 3%s——
1964
Sinking fund deb 4s_i__———1949
Public Service of Indiana 4s—_—1969

99% 102%
101

103%

Light

&

Power

4'/is

117%

100% 104

10

101% 101%.

86V4

flf-N
J-J

1949
1951

5VzS

112% 115

12

.

103% 103%
$103

109-

102%. 106

5s

5s

151% 180

101%

108%

107
106

107% 107 Va

Pennsylvania Water & Power 3y»s_1964
3%s
—1970
Philadelphia Elec Power 5Vis—1972
Philadelphia Rapid Transit 6s__
1962

117

$152

J-D

1950
Debenture
5s
1958
Debenture
5s—
————1969
Cities Service P & L 5'/is
1952
•

108%

112

103 Vi

5
5

108

108

108

108%

$105 % 105%

Penn Central Lt & Pwr

Public

& L 5Vzs

Connecticut Lt & Pr 7s A

114% 115 '

M-S

5s

deb

Park Lexington

$114% 116

J-D

%s

Conv

Pacific

14%

-

.

5s
1948
-————1954
1953
§ AChicago Rys 5s ctfs
1927
Cincinnati St Ry 5%s A
1952
6s series >B—.'..s
1955
Cities
Service 5s
Jan 1966
A5

14%
73

106

109% 112%

115

M-S

Elec

States

§ACentrai

Central States P

55%

Q-F

5s.——1953
1964

Power

Gas 3%s

El &

111

"

.

7%

M-N

1968
1970
—1954

2%s—i

Edison

Boston

Vi

61

50
106

14%

7%

Potomac

Birmingham Electric 4'/2s

•

J-D

—.—1957
——I960
1998

series B.

5s

Bethlehem Steel 6s

•

109

Telephone of Canada—

Bell

7%

2

$98% 100%

M-S

1950

-M-N

12

54 V a

107% 107 Va.

A-0

Oklahoma Power & Water 5s

Portland

-i—

54 Va

107%

A-0

4s

Oklahoma Nat Gas 3%s B

14%

,/

Baldwin Locomotive Works6s

Service

14%;

7%

v

,

112''

108%

114% 115%

.

,

7%

109%
106% 106%

J-D

1947

.

>

«,

109

1C5 "

2

,

__

—1962

»

.

4

•

$108

J-J

1964

Avery & Sons (B. F.)—
5s without warrants--

Convertible

Public

*

<

4

13 Vb

:—1968

AConv deb 5s—;

'

V

"a

67

;

$115
53%

High

—1968
—1971

71

-i-

J-J

J-J

_1945

—

mtge 3'As-

98

M-S

Low

107Va

$106

__

F-A

-_._1948

3s___.

mtge

Ohio

1948
1949
1—1950

4 Vis

deb

5s

1st

Power

1st
\

§Associated Gas & Elec Co—
•; AConv
deb 4V2S_i
LJaI

•

-1969

5%s__

Utility

1st 3%s series A

108

105

219

46%

44%

,46%

;

108

107

J-J

1

January

No.'

112

112

J-J

Range Since

Sold

High

'

91

104% 107 %')
124% 130

5

$125Vi 127
107 Vi

M-N

1954

Bonds

Thursday's

or

Northern Ind Public Service—

•

J-J

1964

2004

5s

Nor

79%

2

—

AConv

Elec & Gas 3%s

N Y & Westchester Ltg 4s

102% 109

30

•

104

"86% 106%

'

V4

95

M-S

107%

95

107

J- J

"

Last

Sale Price Bid & Asked

Period

.

Low

101% 106%

'

Thursday Week's Range
Interest

Exchange

High

105

Vi

105

Curb

Week Ended Jan. 1

1

103

J-J

1960
3%s s f debs_——1970
Amer Pow & Lt deb 6s
2016
Amer Writing Paper 6s
1961
Appalachian Elec Pow, 3%s
1970
Appalachian Pow deb 6s
2024
Arkansas Pr &,Lt 5s
1956
Associated Elec 4 Vis
1953

f debs

s

January

York

New

Range Since

Sold

N Y State

American Gas & Electric Co.—

3VaS

Bonds

Thursday's

or

Sale Price Bid & Asked
Low

2%s

BONDS

Thursday Week's Range

BONDS
York

New

104

104

r

Cash

sale,

x

a

Deferred delivery sale,
d Ex-interest." e Odd-lot
yCash sale not included in year's range,

Ex-dividend.

B, June 26 at 2%.

Abbreviations used

when issued;

being transacted during

above—"cod," certificates of deposit;

nUnder-the-rule sale,

current week.

"cons," consolidated;

"M," mortgage; "n-v," non-voting stock; "v
"w w," with warrants; "x w," without warrants.

tive; "conv," convertible;
"w i,"

sale.

Easy Washing Machine class

.

"cum," cumula¬

t c," voting trust certificates;

THE

30

COMMERCIAL & FINANCIAL CHRONICLE

OTHER STOCK EXCHANGES
Thursday

Week's

Last

imore Stock
26

Dec.

to

Exchange

Week's

Thursday

Range

Coast

Line

Transit

(Conn),—

Co

Low

161/4

28 '/a

,50vtc—*

common

13%

Apr

17%

21% May

50

28'/a

High

491

1.25

1.15

28%

Dec

1.80

Nov

30c

Jun

NOV

Berghoff
Binks

1st

preferred

t c———.
100
Light & Power com—*

Mercantile

—!

Trust

25
com—100

——

Mills

Water

128

126

128

17

17

11

207

10

27%

28%

77%

77%

'

Mar

129

Jan

Class

277

52

,100

pfd ser A x-w_50

Fidelity & Guar————2

52

3%

4

72

300

22

22

22

29 %

29%

30%

30

Feb

39

10

Dec

22

Central

30

Dec "

Atlantic

Coast

5s series A

90%

90%

$600

88

Jan

92

51%

507/8

51%

7,000

42

Jan

57

-

lien,

14

39%

Jan

674

Jan

3% Jan
11' May
19% Jan

685

9%

450

14

15

7 ya

Jan

287b

Dec:

137b

■

„

iy4 Mar

300

12:

5% Mar

Jun

'350

10

Serv

$6

Jan

14%

Dec

2% Aug
4% Sep

37b

Apr

/,67t

Feb

,,

100

5%

1,450

20%

V. .100

19%

Jan

57

57

58

5,000

50

Jun

65

May

12%

21% July

Jan

140

417s

Apr

5%
•

r

•

%

■■

2,450

%

■

.9,800

*

"4%

91
25

,410

;■

20

Nov

5

200

ls/8

8%

250

7

2%

18,000

Feb

A

.

May

8%

Deq

A Apr.

..

67a

71

4%

,

—15'

/•

Apr

10

,

40

23%

*

72

4% May

6

Vo

16% Nov

A Mar

1,250

A

91

a,

91

common—,,.

'

A

5'%

—*

preferred

50

69%

>

A

■

Util com—• iiioc

West

15%

67

69 y4

"IIIi

Aug

"

2%

5%
20 U

pfd_,

common—

Jan

27b Aug
13

Jan

2%
5 Ya

preferred—-———.

Oct

."

Feb

100

Feb

43

/ Jan

Nov

772

Feb

May

10 7b

Jan
}

Chicago Corp common——,:

—,1

—,

'

preferred,—

Chicago

Flexible

Towel

Convertible

Boston Stock
both inclusive,

Exchange

Alum

Shaft

% May
28

Apr

200

47

7 May

65 v:

66

45

10

>50

.

*

:

11%

Ills

3%

/...

:■

11%

68%

68%

,—10

common

70/

common—

■;

8'/4

.

45

560

%

34%

A/,; 150

20%

21%/

1%

•

■:

Dec

47

July

110

Jan

Jan

4

11 %

Jun

Jan

70

Dft4

2% Jun

200

34%

.66

Apr

96

3,200

■

Dec

July

36y2

550

V

3%

3%

'

Dec

38

45

66

capital-

-

•

27a

,700

101% 102

common,

common

Utensil

38

36%

-

'

common

Cities Service Co.
Club

1%

38

preferred

Chrysler Corp

compiled from official sales lists

2

•

:

1—1^—
Chicago Yellow Cab capital——,.

1

Feb
Dec

350

1%

1%

Dec

6

~

12

14

--5

preferred

Chicago

to Jan.

1%

Nov.

28% May
3% May

'700 "
.

.

7a

14

15%

Pub

Convertible

Dec. 26

13

9

167a

Feb

11% May
3 Vb Mar

May;

1975

5%.,

4s

13%
28%

12

preferred-,-— —30

Cherry Burrell Corp

90%
1975

indebt

Transit Co

100

12%

13

-III

common,—.

Central States Pow & Light pfd—.

Conn—

Line
of

Certificates

Illinois

Prior

:

$7
Bonds—

Baltimore

650

;

Central & South

Mars

30%

21% May

4%
4

.;.

28%

'

28 V2

—10

conv.

Convertible

Nov
-

590

4'/4

common—.—. —1

Central 111 Secur

Dec

4%

Dec

400

4

Foundry capital

Dec

53

34%

13 \

.

>»

common—

Ring

cumul

750

'•.

;

.5

Brothers

5%

Nov

22%

capital

L)

5%

6% May

13 y4

Campbell Wyant & Can-

Jan

82

Mar

3%

13% Mar

■

50

200

"4%
-1

common—

50

13%

33%

—5

common

9%
16

'

5%

„5

(E J)

(E

Piston

16

5%

preferred—/—

Co

Burd

July

2.65

Sep

16% Mar

100

3%

common

49

,

High

10% Aug

350

12%

___*

—

Corp

Sons

A

Butler

23 % May

Laughlin

&

Bruce

Sep

1.50

Range.Since January 1
Low

11

9%
16

-1-10

corp

Brawn Fence & Wire

Dec

245

Warner

Brach

Dec

17

203

4

21%

Seaboard Comm'l 5%

Jan

5% July

100

21%

Power

Dec

15%

—5

com

common—

Brewing

&

Borg

Nov

57%

Dec

108

60

28%
2.10

2.10

2.10

77%

&

12

Mar

61/4

83

17

21%

Phillips Packing Co common—
U S

40

535

Z.100

—

Amsterdam

3.50 July

197

Casualty—.—/——2

Preferred
Penna

680
■

V,

Pub Serv—•

Penn

Vernon-Woodbury

New

6%

50

Co

West

preferred

7%
Mt

11%
57%

6%

207

—20
—1100

1st pfd

& Fla

Monongahela

10%

561/2

6%

t c__ 1

common v

Fidelity & Deposit
Georgia Sou

11V4
571/2

v

Eastern Sugars Assoc

Shares

High

11

common—

Manufacturing Co capital

Bliss

'

Consol Gas Elec

Co

Aviation

Bendix

"

iTs

Mfg class A

Bastion-Blessing

525

Low

—1

common^—

Belden Mfg Co common—
Belmont Radio
Corp

Range Since January X

High

15

16'/8

*

Corporation

Atlantic

Baltimore

Low

( W H)

Barlow & Seelig

Shares

Par

Arundel

Barber Co

for Week

of Prices

of Prices

"

Sales

Last

Sale Price

STOCKS

Sales
for Week

Range

-

Sale Price
Par

both inclusive, compiled from official sales lists

1

Jan.

STOCKS—

3/4

/

3% Dec
V)'

Feb v

1%

Oct

'

Week's

Thursday

Range

STOCKS—

of Prices

Sale Price
Par

Shares

Tel

American

Tel

&

-100

—

& Son

Boston

&

3

127%

124% 127"%

9%

9

I100

79%

101%

134%
105

Dec1/

499
■

80%

7%

Jan

10'

75%

Jun

91

25

23%

22%

24

3,309

19%

Apr

26%

Elevated Ry.————— -100

62%

62%

63

597

42%

Jan

66

Boston Herald Traveler

Maine

Corp——-.

5%

class A 1st pfd——. .-100

Stamped
class

10% Mar

14%

1st

8%

7%

8%

%

%

.

55c

8%
1%

177

1%

Apr

2

1%

105

1 %

May

3

Feb

2

170

l7/s

Dec

2

Jan

-100

——

1%

1%

75

1%

Eastern Airlines

1%

Deci
Oct

Elgin

21%

12

6%

6%

365

5%

Jun

7%

Oct

4%

4%

330

4%

Feb

5%

Octi

Copper Range

:.

Co

5

6%

*

—;

1 %

Jun

""5 ■'

1%

Jun

43

1%

Jun

...,

16

Jan

-

V

Boston

Eastern

4%%

—10

—.——,—

——

_

—— —

preferred

125

preferred

B,:.

Jan

10c

"V

.100

.100

17%

Co

1%

19%

V-

,

2%

2%

2

5%

.100

pfd adjustment
SS

Lines, common

Preferred

..

•r.'t 350

9%.

1.80

July J

—

Morse

Drive

Mfg Co

# •

'

common

Auto„

Co

37b

_*

36%

.—1

x2%

32%

Jan

Preferred

z

1%

Dec

General

Jan

95

Sep;

General

Motors

Jan

26%

Octi

General

Outdoor

Jan

2 74

Foods

'6%

Dec

377<

Jan

14

•

Corp

36%

!.

1

4%

—

Hathaway Bakeries class A———
Lamson

————

(Del)

Corp

—5

common

Loew's Boston Theatres—

Maine' Central RR
Util

.100

common-—,

v

c—— —1

t

Oct

May

20% May

29

Oct

Gossard

22.19 May
3
Apr

26

Dec

Great Lakes Dr & Dock

604

3

2%

"/■: .320

3%

37a

14%

5

2%

2%

12C

1,215

1%
13

2%

:

6%

67/8

13% May

15%

35%

5%
3

Nov

1%

Jan

4

Dec

10%

14C

510

12c

Dec

;

14%

Co

W)'

(H

4

50

3%

120

87%

844

3%

—1
-100

86%

86

York, New Haven & Hartf RR-100

North Butte

Mining—-———2.50

Old Colony RR———

Pacific

Mills

—

23C

36%

260

24%

Apr

407b

Jan

3,750

297a

Jan

44%

Dec

2

1% Aug

200

4%

4%
4

.

common,

247

common—.

-

9%

550

17%

173/4

11%

11%

9

9V2

common

17 %

11%

3% Nov
80

Apr

A

1,094

Hibb

Feb

Spencer Bart

4%

Feb

common

Houdaille-Hershe.v

18

Feb

Hubbell

29c

Jan

;,v
.

7 •:! 7 7

5%
25

25

■

7

:330
/

;

B__„1—_

class

Inc

Harvey

Hupp

Motor

Car

*

—

CO

50

RR

———-50

—

Shawmut
Stone

Hole

capital

10

—

5

Jan

Illinois Central RR common....,

Jan

Independent Pneumatic Tool

11

7;'.

7:

1%
8

7

5,400

18c

Oct

64c

Feb

Indiana Steel

22c

119

12c

Jun'

50c

Jan

Inland

18%

71

14%

Jan

18%

Oct-

International

22%

23%

1,789

Jun

26

Nov

Interstate

70c

*

—.

Inc—

97/s
5%

Fruit

Co———————*

United Shoe Machinery

6%
Utah

Corp———25

cumul preferred—
Metal

Warren

(S D)

Boston

Dec

87a May

4%s

958
64

22

Apr

33%

25

28

May

65%

66%

61%

63%

44%

44%

21c

25c

89%
7%

15%

982

49

Apr

>' Jun

/

450

1,600

/.:/ 874 ."/.

183/B

'

103/a

4

4

Harvester

common-

$6

1

35% Mar
72 y8

Jan

Dec:

Nov

105 "

Feb

39%

$1,000

29%

Jun

8

103% 103%

1948

May

$3.50

42%

10,000

101

Jun

Thursday
Last

Sale Price
Par

104%

■

(J D)

common

Mfg

&

Co

—

"*

Chalmers

Mfg Co

American Public Service
American
Armour
Aro

Tel

&

& Tel Co

Co

Equipment

,.

pfd

2%

:•

13 »/a

Athey

Truss

100

Aviation

For

Corp

Packing

Corp

.40%

75
150

9

Jan

4

Apr

2

Jan

2%

1,200

13 y8

650

27%

645

90

130

544

51%
•48%

Dec

7 %

Jan!

10%

22%
70

Jan

Apr

May

102% Apr

5%
3

'13%

Dec 1

'•

Mar
Dec {

40

30%

Jan

90

Dec,

Food
Corp

-II' '■

'

/

■

pfd——

I—

prior preferred,/—10

133%

Jan.

Montgomery .Ward

2%

•

Sep

4

6%

Jan,

Muskegon

9

Dec

1,950

%

Sep

1%

Jan

27%

2% July

3%

Oct

National Pressure

%

Jan

National

4%

Jan

Noblitt-Sparks

27%

2%

2%

900

%

%

470

3

3%

3%

2%

50

2,506

20

%
2%

Sep
Jun

Dec

<5^ Co common.^
Spec class tA__/
i

National

Cylinder Gas
Standard

Dec

A

97a

—

'

1

"'4% *vn.

*

-:4%

1%

v."

%

1,250

'74
67a

•

.

..

I

850

150

•%

2,105

327a

347b
25

9

9

.

30

9%

Nov

Dec,
Dec

7b

14

Jani

Dec

,14

Jan!
72 Jail,'
72 Apr;

7b

Nov

57a

Jan

'% May ?■

19% Dec

Oct

9
■

1%

22

,

Oct

Apr,

Sep

7b

Jan,

237b

Apt

34%

Dec

21

Jan

277a

Oct'

10

Nov;

%

.100

25

'

4%

7e NOV

400

•

20

5
J

Dec

1

100

Mar

287a Mali

Apr

37b Mar

,

Octf-

A

'274 July

1,200
•"

%

'

■: 1

%

.

1,450

-2.%'
'

2%
.

.NoV

8%

•

Dec

19

•'

650

2

8%

19%

7,050' *•

-•

39

Dec

8 3/4

•: 1

34%

2,600
20

",1%

872

Feb

Feb

Mar

12% Jan
16% July

Mar

674

50

4 7a

7&

11

30

Dec

23

Dec

10

4%

•

Sep
Nov

.

2%

Apr

150

20 3/4

-

127a

Jun

120

I:-!

87»

•

17%

87a

2,650

2%

"4%

1

27a

8

1%

Oct

16

Feb

115/b May
•

40O

V:

13

1%

-

460

35

20
;•*

*

Apr

27%

77a

73/4

17b

:*

common//

100

%

Sep

12%

t c_————*

Springfilled

5%

•:

97$

Mfg .common----'——--/——!

Nachman

Jan

250

7%

18%

__100

2,300

Oct

117a

9%

—'"7,

♦—

5.100

Co

Apr

17 3/4

*

Prod/common- III
capital!——— —5

prior lien—

Chemical

%

8

35

—1

——

v

Mar

430

50

—100

Common '/stock

1,100

400

^

Jan

574

%

:r-

23/b

'II '

Jan1

7b Feb

37b Mar

12

7,

95%

3,100

15%

7,"

*

Dec?

41

Mar

% Aug

274

97a

572 Aug

Mar

Mar

70

11%

—

.

27

20

153/b

2%

*-••

—

3

'%

Feb

10%

%
9

'

41-

/_

5

__

9

%

4

450

5

774

-

preferred class A

Mot

Feb

/■•

%

"•4%

preferred class A—.——100

Monroe

8

"

90

%

•

72

9

*

prior .lien.

Modine

Dec

ll3/4
■

2%
%

■'

47a

class A

conv

& Hart $1

Feb

5%

900

41

.7

89

*
_

7%

Miller

4

650

5

43/4

i

•

6%

,

9%

Sep

6

6 %

,10% Mar

107$ Nov

75/b Aug

57/b

9

1

"2%




Mfg

United

Feb

Feb

3

57b

•_*

common

common

West

Midland

.

4

36

39% Sep

70

—3

page

37% May

250

capital

see

Middle

Range Since January 1
Low
High

9%

2%

A

1

'

lOO

1,500

IIl5

common—!

&

Dec

1

7

Apr

5% May

1,350

'•*"

8%
374

7

$2 cumulative part preferred-

'5%

12

Rad

61

%

8

*

_

_

common.—

common

Field

Apr

% Mar

10

9s/b

t

407b

20

3%

—5

common,.

,//—_—

Co

Mickelberry's

5%

124% 126%

,6

(Delaware)

footnotes

51 Ya

87

90

capital,—100

common

Shares

High

common

Wheel

Washer

Lamp-com A—__

preferred

Class

Sales

26

/•

Asbestos Manufacturing Co common—1
Associates Invest Co common
*
Automatic

9%

74 7 Jan

60

#

;

McQuay-Norris Mfg common—
McWllliams' Dredging common—
Merch & Manufacturers Sec—

9%
5%

,5
„

,

common

Co

40%

__•*

common-

Advanced Alum Castings
Allied Laboratories common

Allis

50%

__25

common

Gas

&

Univ

Material

Lynch

Jan,

for Week

of Prices

Low

*

common-.

Week's

Range

Oct

Apr

:

Oil Ref'g Co capital—
Liquid Carbonic common

Feb

both inclusive, compiled from official sales lists

STOCKS-

Oil

common

•Libby McNeill & Libby commonLincoln Printing Co common.....

<

Dec

25

Ext

Loudon

—

Feb

474

547b

t

''•374

Lion

39%

A—1970

Nov
'Mar

167a

i;

%

I H'

V"

Salle

Line

ser

972
25

Sep

2 3/4 May

*"

470

•

1

common,,

Kentucky Util jr cumul pfd_—— -50
La

■■

Dec. 26 to Jan. 1

Adams

Co

Co

Ken-Rad Tube

Chicago Stock Exchange

Adams

B)

Kellogg Switchboard

Feb

Dec

1

270
■

7b

/—i

46c

67b Mar

61

*

capital——

(W

Drug

McCord

<

—

Jarvis

Marshall

Acme Steel Co

I

44% Aug

15

Apr
Dec

1074

300

4%

#7/

$7 preferred—

Katz

Ry.—

_.

Abbott Laboratories

Power

preferred

Joy Manufacturing Co common

63y4

140

Apr
1% Aug

572 May

2,550

63 %

7a

:

Dec

Dec

253

■

637b

,

Dec

15c

7%

Oct

174

18

700

11%

5974

capital—

Nov

50% Mar

85

Nov

15

A Apr
1

8%

77b

,•;

U7#

Hi

Products

Steel Co

6%

37% May

80

117a

""

10%
30

10

900

Jan

Apr

Apr

83/a
13

15/B

Jan

1,163

89%
17

3%

1% July
10

RR—

Street

A

series

310

5%

.—*

mortgage 4%%
Mass.

10%

29%

Jan

30

2172 May

'

Mar

8% July
6%
Apr

5%

.*

bonds

Maine

&

Income
Eastern

62%

—100

Co

V:

66%

1

Vermont & Mass Ry Co
Waldorf
System Inc——

18%
60c

33%

25

Tunnel—

&

198

29%

Torrington
Co (The)—
;
*
Union Twist Drill———/!.——-—5
United

9%

908

872 Mar

872

7 V4

50

%

1%

//.

18

•

common-

25c

8%

>•

Jun

750

14

<■••.•<•'/ 7// %

7

-100*.

common

19c

8%

*

Association
Webster

&

Machine————*

Oct

57a

170

10%

14

■,

t c. —♦

v

Indianapolis Pwr & Lt

Oct

60c

23%

—-25

Quincy Mining Co,———

12% Aug

Apr
7

,

1

'

Pennsylvania
Reece Button

Sep
Nov

'

100

".

74

25

9%

10

—"5

common......

common—— —1

Co

18%

—-*

18

550

6

774

-25

—

101%

Jan

32

Jan
Dec

10 74

Jan

10%

'

May

Jan.

774 Mar

1,100'

Nov

6%
2634

Sep

•

1174

;

5
-

4

/y 650

Jan

3

3% Mar

230

5

263/4

25%

common.^...... -10

Printing Co

20c

—100

——

372

!

Dec

44 y»

2

'

New

T5'b

34%

,

'

Narragansett Rac'g Assn Inc
England Tel & Tel-—

Apr

/•'43%

Harnischfeger Corp common— —10 7:
■Heileman Brewing capitaLi-,,,;.
1
Hein Werner Motor' Parts—— —3

Illinois Brick
New

Dec

441/2

common—,„.

Rubber

Feb

2 7b

~'

2% Aug

125

Hall

Nov

Apr
Jan

Safety Razoi1

46%

36%

Goidblatt Bros Inc commoh

Goodyear Tire &

Feb

Dec

1% May

600

Oct

Jan

Feb

11
.

4%

Dec

1%
66c

100

10%
12c

30

300

68c

3%

....

.100

Associates

Nov

14%

—.

Gillette

7
12

41

11

4%
.

68C

Jan

15

3%

4%
3

j

—

._25

5% preferred
Mass

!/
■

—

-15

2%

Feb

25.99

25.85

—

•

4% Mar

28

3%

Royale Copper

20

405

2,747

Oct
Jan

'4% Mar

400

:

2'/8

common—_

250

/;

40

27%

_.—

Gillette Safety Razor Co——
Isle

/.//

10%

9
40

Employers Group AssociationGeneral Capital Corp,———
Gilchrist Co

5%

5%

1

;

—

.9%

—..

Dec

•37a

-

8%

100

35%

■

common- —10

Adv

14 i-"

/

10

Jan
Dec

Oct

'

; .,10

common

5

6%

.

1,350

1.5

12

Jan

Jan

287b May

"50

3%

common...!.

81%

29%

40

/. 3%

1

Transp common,'
Corp common-

10

32%
4'-/

•V'2%

200

9

Dea

Feb

Sep

3

.

200

General American

510

1274 Mat

217a

..1,950,/
,'"'200

34%'

Nov

9%

-

Apr

6%

General Finance

:h-V '35

-'42

Jan

6%

Feb>

93

9%

6%

Jan'/

23

•:

,183A

6%:

'

9

lio

,v.

1%

Dec

2% Dec
Vg- Dec
27% Dec

jan

,20

/•

3% ■•3%/
22%- 23%

34%

common™,

Denver

.

10 </ Apr
8
Jun

/-/150

32%

6%

common——,.

Sim & Con D & D

Fuller

-

17a Nov

.

'

'<

•6%

93

_

—

Jan

104% Jan

7 17% Dec

*

23%

Fitz

32

'

Eastern

.

Jan

7 1%

143

10^'

<32%

.

."'3%

23

„

„

—

-1272

'

1% Aug

: V; 300
•"'/
30

2%.

42%:.

9%
—1
.,15

Fairbanks

80 /■

•

27%

26%

,1-—

50%

17%

1,172

Aug

2% Dec,
167a Oct
.14%, NoV

7

Sen

4

/

7:

71%. Sep.
I3y4 Mar

/ 250

-

i%v

IV 9%

common,

common

Inc_a—

Dec

66c
41

9

'-550
140:

:17%.;

14% Aug

V

>Jun% Feb
.11% July;
10% Apr

340
•

-

3/42%

'• Apr

146
204

V:

43

18'A

.100

——,

75C

"

42%

■

.100

1st pfd series A——.—

6%

66c

:

—
'

.

83

2%

.—5

Gardner

.100

..

Eastern Mass Street Ry common—

,6%

75c

75c

.7

—

prior preferred-——.

/

14

10%

I'.

Eversharp Inc common,——1„. .J_l

31 % Mayv

& Fuel Associates-

Gas

Common

6%

Co

7% NOV

1

-•145

16%

/

Util Corp
National Watch. Co,—,,

Four-Wheel
East

common

Electric Household

3

21%

RR—. -100

20
141

Nov

3

'::■

2,630

>

•'

1%

—-

V 474 Jan

1,120

v,79%

common,,—.

Dodge Mfg Corp

1%

—

Co

Dixie-Vortex

1%

Calumet & Hecla

&

Feb

!/ 1%

Providence

'

13%

Preferred'i—__ .100

Jan

„100

—.——'

7;/2,720

2%

/10
/

& Cohn common,,,—. ,10

Dec;

2%

■12%

17%
2

———.—

Inc

2%

Apr

1% July

1%
1%

&

Lighting

Deere

<

-100

Boston

-2%

1%

preferred—. -100

1st

Stamped

17%

Decker (Alf)

Jan-

class D 1st preferred——. -100

10%

-2%

1%

——

C

class

Stamped

% May
4% May

Jan

Oct.

:

Jan

2

1%

83

Curtis

Oct'

Apr

5%

1,430
/. -"45

10%

,100

-100

preferred

Stamped
7%

■<16%

—30

Jan

23% Jan

350

4
-

—25

common—

Preferred ■'—

37

Apr

2,150

11%

3%

Crane Co common,——

Nov5

—;— -100

—

B

260

2%

Apr

1772

14,350

7

'■■■ii'-

11

Cudahy Packing

i

Oct

.

6%

30 '

•

preferred part shares,—_ —50

c

2%

6%

2%

+
••

t

50
pt sh v t c class A_i_
partic shares v t c class B—*
Container Corp of. Amer common. —20

RR—

prior preferred——.———. .-100
preferred stamped—— -100

8%

14

13%

6%

7%

—,1

—

•

Cunningham Drug Stores

Edison

Boston

&

common

Corp„
V

21%

Common

Feb

Boston

Boston

t

lis:

common-

v

Common

Dec;

169

7':

V

Jan r"

Apr

Oil

Consumers Co—

3% July;;

Apr

94

6

Consolidated

High

2% July

4,703

"105

105

Inc———

Albany RR—,;

Low

100

Edison

Consolidated Biscuit

Range Since January 1

High

3

3

pfd— -100

Bigelow-Sanford Carpet 6%
Bird

Low

1

Commonwealth

for Week

Last

Alles & Fisher Inc———.

Coleman Lamp & Stove common-

Sales

J

comnton

*

9

common—,*.,,1

9%

Cooker' common,—2

4%

97s
43/4

,.

800
100

7.

May

7

May

4

Feb

9% (Dec,
5

■

Jun

10

257/a

26

200

2174

Apr

277a

Jan

capital—-5

227a

2372

550

1574

Apr

23%

Dec

common,

Industries

9

474

50

THE COMMERCIAL &

Number 4139

Volume 157

FINANCIAL CHRONICLE

31

OTHER STOCK EXCHANGES
Thursday
Last

North American Car common——a—20 i'..8%
Northern 111 Corp common—.—.——*
Northwest Airlines Inc common--—-*
10%:
Northwest Bancorp,
common——-—*
7%

West Util

North

7

Low

6

Feb

8

500

'" 7%'

,.

Apr

17

Jun

Dec

100

10(4

10%

450

8%

-9(4

530

67/o May

; 3%

'3%

1,300

3% Apr

STOCKS—

common—

—6

—

<

Parker Pen Co (The) common—'--. -10

£'

Switch

Elec

•*'

74*

,'74

•

'■2.14

At-—-t_. -10

class

45%
'22

-——:—100 ::

:.

Reliance'

7~3:'2;

Stock Yards capital—i*

St Louis Natl

Elec

Sangamo

Co

Oil

Standard

1

Stein

&

Co

"

,

•

International

Swift
:

;

Carbide &

Union

U

i

S

Air

United

SSteel

U

Co

Gypsum

Jan

150

A 8

July

t(4

1

1,050

1,700

22%

•

80%

82%

61%

63%

19%

20%

46%

48

Apr

42(8

Dec

7%

Sep

10

Feb

Apr

82%

Dec

May

63%

2

41

Apr

20%

55%

107%

150

Jun

119%

Jan

2

350

*
———1

20%

16%

17%

26%

27%

;

Westtnghouse Elec & Mfg common—50

79%

81(4

;

Wieboldt Stores Inc common——*

4%

4%

85%

50

———

Cumul prior

■'

:.

85%

preferred /————; *
_

■

Bankshares

Wisconsin

•

common——_*

j Woodall Industries common
i
Wrialcy <Wm Jr) Co capital—_a
i Yates-Amer Mach capital
Zenith

Radio

Corp

common

' 2-,"

Unlisted Stocks—

American Radiator

/

St San

?

"l.

Pullman

454

Dec

20(8

Dec

25 V4

654

6%

53

6'

9

18%

815

18%

17%

10%

10

6%

Apr

5%

Jun

.

;——■*

11

11%

•

13%

_•

—

4%

r

Standard. Oil of New Jersey capital—25
Studebkkfer Corp common*
1

(

U.

S. Rubber Co common

4%'

sA'S

•

,

Apr

11%

14

13%
3%

_5%

5%

Yellow Truck & Coach class B——U_ 1

31

7

Apr

12

Aug

Jan

11

Feb

22%

23%

1,661

29 %

Jan

a37% a37%

12

Jan

Oil

;^a*'7a'vAaa*aaa;to*aa_5

a*a-

Dorn

Inc—

1

4%

4%

120

*

a

9% :,;77: 9%
454
7 454

9%
5%

690

aa———~a—a———

1(4

White Motor

'

—

7'

7

Unlisted—'.'

50

—

-

a305/a

13%

General

Electric

7 Glidden Co

15

10

1

N

Y

Ohio

Iron

Central
Oil

al4%

33

11%

11%

13%

14

7;,14

common—

a48%

,7

Door————♦

;

Apr

12%

Industries

Aluminum

.

Laundry
Machineryu;4*^--20
preferred——7
Participating preferred 4-**——a*
Champ Paper & Fibre———-—*—*
Churngold.. -a——.-.*-4:-—-„-*Cincinnati Advertising Prod————*.
Ameriean

■

Cinninati Bali Crank—

2%

5

DETROIT
Telephohe: Randolph 5530

Jan

Dec

6% Nov
27%

.14

Dec

Detroit Slock Exchange

-Nov

Dec. 26 to Jan. 1 both inclusive,

"".'7:;';,';/:'7'■'

77.7','77,,7;

compiled from official sales lists.

61

.

Preferred

Apr

7

3

2%

228

4;' 2
68

9

4%

50

154

200

.7%

18

9% Nov

42

3%

Jan

8%
18

Mar.'

.16

50 '

Oct
Jan

Houdaille

'

Investment

Founders

Preferred
Gibson

Art

a—*.

*

Prior preferred
Partic preferred

„a.4——

!

,

1

common^——,——*
—a—4
*

49

_a

.

—

Rapid
*1—i
U S Playing Card——;
4

t
^
:
,

;
;

U

S

11%

*-

'

15';

5%

1

.

48%

28%. 28%

—10

11%

5%
1

25

Mar

37

Dec

Dec

12

Jun

Jan

12

Dec.

29%

Mar

:

%

Apr

42Vs
1 %

Oct

286
40

2554 May

220

9% May

Columbia Gas

Standard
For

—a*

9%

9%
10%

10

*10%
*10%

,

^

Brands

•1%

'1%

1%

3,864

44%

43%

*44%

390

4%

412

'

see

page




36

9

3%

*

r

Mar

1

92

»
10

•

Motors

footnotes

—26

July

95c

1,500

78c

15

Apr

18

71%

432

1 % Mar

2%

3%

2,430

7%

7%

460

2% July
6% Mar

9

Nov

1% May

2

Dec

1% July

2%- Jan

1%

2

■

7

2.7.(
154

1%
81c

83c

55c

83c

56c

100
925

1,345

60c

800

55c

Jun

l(a NOV
80c

Feb

100

3%

Feb

13

13%,

113'

12%

Dec

17%

10%

10%

300

6%

Sep

10% Jan

9%

9%

135

8% May

4(s

4(4

4% Nov

11

Jan
Oct

'

4%

4%

.4%

50c

47c

50c

1%

1%

460

750

3(4
30c

Jan
Jan

650

1

Feb

400

45c

Feb

330

17% Mar

700

51c

51c

51c

18% ,18%

18%

'1

'V

'.

13c

14C

60c

■IVb

15C

400

2,300

1

Jun

13c

Dec

60c

Aug

.

5% Nov
65c

1%
60c

Feb

Dec
Jan

21% Feb
1% Nov
23c

Jan

2% May
4% Nov
1% Jan
Jan

6%

6%

100

6%

Dec

8

—7—1

4(a

4 (a

150

4%

Dec

5%

Feb

—50c
——5

1%

1%

200

85c

July

1%

Jan

11%

11%

150

10%

Jun

4%

Apr

2

common.

——a——10

Motor

common*

12

Jan

Peninsular

Prod-—

Metal

(H W)
Raisin

—;_2%
—*
—1

common—

Paper common
common

Mfg common——

:

2
*
—*10

—1

300

12

Jan

6% Nov

2%

971

Jan

3

Oct

27%

27%

1,295

19(4

Apr

29

Dec

14%

15

325

14%

Oct

17

Feb,

6

*

—

common

5%

5%,

.

6

-248

76c

87c

700

3

320

2%

2%

27%

Rust-Proof

Scotten-Dillon

5%.

Car common—*—*

Parke, DaVis common——

Sheller

Oct

3% Feb

May

"62c

River

Feb

4% Aug
18% Jan

1———-———7-10

Micromatic "Hone

Rickel

1%

2%
;

3%

"7. Preferred

Feb

4% Nov 7

Jan

3,515

2%

2%

Nov

1%

*

July

Dec/

Parker

4% Nov

100

Jan.

Jan

Aug

Sep

2% May

324

1(8

3%

4

3

19c

4(8

Feb

9% Oct
21%

Jan

1%

Packard

Nov

700

15%

200

Murray Corp

254

21c

1%

Jan

400

Jan

105/a Aug

100

■

21% Nov

Jan*

1%

6% Mar

1%

Dec

.44% Dec

75c

15(4

4

Motor Wheel common—a

Jan

1,050

3%

Mid-West Abrasive common

30.

250

9%

1%

4%

*

775

154

1%

Oct

Unlisted—

American Rolling Mill——
City Ice & Fuel,.—

4%

V:

—————1
Michigan Steel Tube common-a—-2%
Michigan. Sugar common
—.—*
Michigan Die Casting

Sep

30% Mar-

4% Nov

M%

2%

•

Feb

17%

17%
1%

common———1

1,808

3

Kingston Products common
17—-1
Kinsel Drug _a——
a.
—^1
Kresge (S S), common*,
——-_10
Masco Screw Px-oducts common——7—1
MCClanahan Oil common—,.—.———1

Parker-Wolverine

3

3

Printing

General

•

1% Feb
7% Feb

1 %

3%

common—-7—17_*

Aug

4

4(4

common———10

52%

,

2% May

909

Jan

Jan

1%. Jan
2

Jan

2

.

Feb

.'"•50

-

.

Apr

835

2%

Mar:

May

121

2%

2

.

Mar

22%

.

75

■49%.

2%.

"2(4

377

,

1
1%

1%'

<;

9

14%

100.

.

Jun

Feb

25

195

11%

25

.

Jan

5

'27%

Feb

Hurd Lock & Mfg

54

5

'

37

5%

/

Hudson Motor Car,

Apr

June

5

21c

21c

common——2%
Hershey B_—
—*

Dec

2

,

105

-

40

5%

50

:

%

Dec

Sep

17

109

8

(26%

.

^
Y.50

4—

.

r.

37

27%

L—

Procter & Gamble

15

■■■

33

33 ■:

1

-7%

.

a—*.

i, Randall class B
[

1

1

_*.

—a

44—a.—

Kroger
Leonard

21

37

Julian & Kokenge

Magnavox
»

.

12,

4——

Kahn

;

19%

.—4—.—4*/._--100

Hobart class A—

46

21

5/8

100

%

:

46

—*

—

s/8

■.

»_^_*4i*-_4A_*r.i„A--.--i00

Hatfield
'i

.;

-A——*.

:

1

868

75c

Hoskins Manufacturing

July

450

8%

Finance

Hoover Ball & Bear

High

L010

1(8
554

21 :('■ 21(8

"9%

1

7/

Range Since January 1

High

1%

Preferred

Nov

65

6% May

578

18

Nov

6

Dec

May.

:

5%
4

f

21

3

common

:7.'

Goebel Brewing

6% May

fry7'"

common—10
.20

a——7**————10
common
1,
common—7—**-—1
Graham-Paige common —*———1
Grand Valley Brewing
—
1
Hall Lamp, common—7—5
,

General

Jan

9%

'

Stove

1

—1
*

Gar Wood Industries common

Jan

77

6% May

.

common

Detroit-Michigan

Oct

57% NOV

137

2%
58

6%

^

•7:;

5

2

Edison

60

9%

:

&

Detroit

Jan

9%

—_

common

common
Cleveland Nav

Detroit

3% Mar
86

common_

Motors,

Jan

184

7

Steel

Milr.er

Crowley,

July

6

Jan

5%

522

,

61%

I-"-

5

7%

Continental

■

3%

Aug
Jan

58

L——a*

Consumers

Sep
Nov

Jan

211

82

9(b

4——Ar-__10

Sep

2%

4(8

Sales
for Week
Shares

1

1(4

18%

-

1% June

50

165

Apr.

/•.,2.."

Dec

14%

.

.

1

High ' /:/

22

Dec

.175

8%.
:

100

■-

Insulation

Formica

%
%

58

3%

59%

*

Crosiey Corp.
^*:—_a„*
Crystal Tissue ——-.4—„
'*.
:Dow .Drug
*-a——-a„**

Eagje-Picher

700
200

2%

~8%

Cincinnati Telephone —————50
Cincinnati Un Stock Yards———

''

Range
of Prices
Low

,.

5%

—————1
Drop Forge common
5
Baldwin Rubber common—;—
1 7
B riggs Manufacturing common
*
Brown McLaren Mfg—
—1
Burroughs Adding Machine—_——*
Burry Biscuit common
12 %c

6% Aug

Jan

19

105

/

.

Week's

Last ■■
Sale Price

Allen Electric, common

Jun

3%

81

Cincinnati Street— a——*>—a—50

:

7 4

*'Va45

3%

——.—5

125

a8%

Ford Building

Jan

19

Low

3%

Cincinnati Gas & Electric pid—*—100

546

a8(4

T? """Feb

Dec

Range Since January

18%

17%

Sep

Chicago Stock Exchange

Atlas

%

,

.

Oct

13%

1,047

New York Curb Associate

lists

>

20%

// :: %
%

Jan

1254

Detroit Stock Exchange

46%

/

10% Aug

320

Shares

i

5%

20(8

American Prod prior

7%

Sep

Oct

3(4 Aug

■

High

5%

Jan

9%

60

Members

for Week

of Prices

Low

7%

364

a48 (4

a47

a 8 (4

55
•

Nov

5

■

■;,4/;,:: Par

270

507

1754

A 13% Mar

250

-

i

Range

4, Sale Price

STOCKS— ;.

170

28(2

Apr

Dec. 26 to Jan. 1 both inclusive, compiled from official sales
Sales
Week's
Thursday

'

Apr
July,
8% Mar

WATLlNGi XerCHEN & GO.

Par

;'::4r:'/"7/ r'

.

al03/4

alO

STOCKS—

-J-'") \)

2

Dec

324

•'7

a554

Thursday

/,;.

3054

29(4

11%

■

;77v

14

7

al3% al454

a5%

common—

Steel

•

33

common**_*,A_A_^A*—*a„>*

Republic Steel
,;>■ U S Steel

1% Mar
5%

125

common—_—*—**

RR

6

7•■v:V'-E0

3054

*

common—.

common_—

15

30% ' 30%
a24% a25%

a„10

p- Industrial Rayon common——a_*
Interlake

a

.'7 7;,77",.

Firestone Tire & Rubber—.

5 %

Jun

130

Addressograph-Multigraph Co—
10
Graphite Bronze common. _1

;

Dec

4%

303

Cleveland

•

7-25

...-

a30% a31%

al3

,

*

—

6%

150

1%

6%

Refining —^a__a—_2
Weinberger Drug Stores——
*

Youngstown Sheet & Tube-.

4

412

Warren

;-

21% Juiy

75

a27

a27

„a*——a--*

———

Tool

2354

—25

Works—

Iron

...

a—-aa—aa—

Ohio-—

of

.777

Last

7:'/ 41

7

*

887

27%

12%

1% July

New York Stock Exchange

254 Apr

-

K

467

5%

26(4

—10

>

Dec

1% Nov

Feb ■'

Oct

12%

£ 13% May

675

:

46%

"3%

154 May
'■77.' ■% Jan-',

7V1,

Jan

'

2% May

.

1,850

x4 y4

;

45%

50 7

Feb

Dec

7 (4

1,906

430

1(4

al65/s al634

Oct

Jun

218

•

—•

7

Jan

11%

:

2,117

1%

77 7

Jan

6%

:

470

3%

1%

Jan

26

20% July

3,800

17

2654

'

Dec

990

10

Oct

7%

•;

3%

1,250

Feb

2%

Jan

30(4

,

1754 May

850

10:%

6(4

Mar

19

10

■

Jan

Jun

21%

.

480

5%

32

Dec

1(4. Aug

Jan

May

5%

1,725

■

'27% Nov
13(4

Feb

5

1454 Mar

Nov

12

Oct

67

900

30%

28(2

50

1,825

29%

6

•-

Apr
22(4 May
27% Jan

;; 525 •'

T2" ""Tan

Jun

Nov

6%

3%

350

56%

16%

common

,

281

.

3(4

.""5

Jan

87/b Mar

2,109

25%

Republic Steel Corp common

i

1 -6%

—-1

Radio Corp of America common

Standard Brands

Jan

62'4

.2%;Mar

:

-

45%

'

,

4

Apr

60
410

14%
"•

""9"" Feb

10

Nov

;./v; 350

46(8

-

30%

Pure Oil Co (The) common

;

Feb

5%

2y8 July

23%

24%
45%

—-1/

.inc capital

2%

40

550

..

..

AUg

Nov

325

Vlchek

6% Jan
91% Mar

4% Mar

550

4% :

Dec

Dec

1

950

19%

82%

4% Dec
85%

55 y4

50
*

paramount Pictures common

Apr

Oct

20

400

Van

Dec

29%

.

May

10

Electric

Youngstown

100

.

common

; Nash-Kelvinator Corp—
.———5
i Neve York Cehtral RR
capital^--ii.„iAk
-

3(4

5%

Interlake Iron Corp common——
Martin (Glenn L) Co common
—1

,

.63(8

700

58%

■•

19%

•

com

JCurt iss-Wright
General ■ Electric

t

Jan

50

3%

'"B"——a**-^—aa„—*_aa*

Sep

Aug

Jan

87
400

1

Upson-Walton

17(4 Nov

Jan

23(4

,

3%

AJa.aaa—■

Feb

40

10

/-a/v.

Copper Mining.'
Topeka & Santa Fe com,

Bethlehem Steel Corp

11%

160

1,200

^ 4(8

4%

.

110
.

5%

57%

•

—

3

/

•

:

■■2,/v:/;

1%

5%

A.2

7.7,

Anaconda
t Atchison

1%

5%

,1 Williams Oil-O-Matic common-—•

20%

20%

,15% May

150

85%

common-

Wayne Pump Co capital

al5%

'

17

276

2%
al5 % al5%
2

30

%

10

13%
r'

103%

810

27%,, 27%
2%

37%

Dec

9%
3%

10

—*

Mar

Reliance

Dec

317

Co

Walgreen

10

Mar

Oct

33
100

10

a 19

9%

14%

class

Thompson Prod

Jan

iy4

-

.

al9%

9

7

127

10%

Standard

Jan

7%

164

18

./■;7 3 54

Mar

210

35%
31%

9%

*
a—1

Jan

53

Aug

307

100

18

common—-*——*

Refining

Richman Bros.."

Dec

44% May

.471 '■

.■

Sep

58(4

325

4 Western Union Tel common™,——100

'

7

35%

44

10%

Dec

.

.

'

1%

■

Nov

2,850

109(4 112%

7-

'.

—*

Jan

14%

Dec

135

7

100

—

Feb

110%

150

26(4

31%

_i——

LeMur.
Brass

10

15%

100

Cement

Jan

74% Mar

Patterson-Sargent "A--~av—A,—Au»—* ;■

Jan

29%

301/4

180

47

25

500
,

Ohio

Jan

19% Mar

2,200
,A' 415

common-

15%

Ohio Confection "A" **a1—i——*aa-*

Nov

19

20

80
:

8 Va

12% May

650

28%

Mar

.

National

150

25%

aa,——*

Jan

3

109% Nov
9%

96%

58

a26% a27

Paving Brick

Nestle

8

Dec

14%

,

Feb

10%

July

3,812

National ■' Tile

Dec

9% Aug
1% Nov

Feb

.5

1,500

—20
capital—5

Transp

1% Nov

Portland

55

al09

25%
.—5

7%

Sep

10%

—25

—

———

2

a35% a35%

——

National Acme

July

7%

7%
cumulative preferred
—-100
Utah Radio Products common———1

/

2

12

42%

capital

Medusa
Metro

Jan

29(4

41%.
•

4%

Apr

.,'"7 (4

7%

Co+»_*a,

.

11% Nov

120

59%

954

10

-—a*a—**.

McKay Machine
McKee, A. G. "B"

Oct

10% May

400

14

■

al09

Lamson & Sessions——„„—_

Apr

%

Dec

July
554 July

160

2

,

,58%

Jones & Laughlin—
—
Kelly Island Lime & Tr—,

Apr

33'/8
..

2% Sep

750

22 %

common—;

Lines

Jun

1,070

27%
42

30

■

Dec

%

■

8%

13%

—_25

Carbon

22%

60

20

".

6%

'

—25

Corp capitals—;
Trane Co (The) common
Texas

u

Feb

May'
27% Mar'

:

•

capital-—22—15

5

4

95%

150

12.(4

2

Nov

.7%.

i (4

.

7%

.

'

62%

3

95%

50

—

*

Jaeger Machine

Jan

43 s4 May

Jan

.7 12%

Rubber—.

Interlake Steamship

Nov

85/8

.

854

F)——--aa,U—

Preferred

Jan

20

600

29%.

Sundstrand Machine Tool commons—5 '
Swift-& Co capital——:
.aa—."25 ® 22%

a

52

Jan

Feb

"X

11%

"8%

Inc common-—-—1
Corp common———5

Dec ■/"

.616

4% Apr

6

10%
95%

Hanna, M. A,, $5 cum preferred.

Dec

1,026

11(4

13%

Warner

15%

.■

6%

50

23%

28(4

common--———*

(A)

Brewers

Sterling
; Stewart

Jan

al7%

—

Halle Bros common—*—-aa^.

Oct

14%

100

% ■:%
2% 73",./"
1% i 1%

1%

capital—2b7

Indiana

of

3%

<B

Goodyear Tire &

Oct

40%

30

22%
3

10%

923:

4%

30

',■

,

Goodrich

Jan

2

80

62%

4 (4

!

200

,

7%

'

Spiegel, Inc., common———-Li—2
Standard Dredging common-;———1
Preferred-. ———a—2a—a—1aa_—-20/..

;

19

61'

57 y8

-

550

V

40%
■„■

Dec

690

95 %

—a—-:

General Tire & Rubber
:

148

1 % Aug

450

7%

South Colo Pow class A common-—-*

1

14

„

l'/a Jun

350

18%'

1

,

>„ 3

7%

62%

38%

600

1%

73% Nov
Oct

Jun

*—100

Controller

High

190

6%

a 1754

■

.—*L——.

Manufacturing

Electrical

Feb

3

Apr

140

Eaton

Low
4

4%

,10%

3

Elec Ilium $4.50 jpfd—
Cliffs Corp common——aaa—

Feb

Range Since January 1

6%

:

Cleveland

Jan

350

38(4
,

40%

19

'Capital—/
;
Bears Roebuck & Co capital——: ;
Serrick Corp class B common—-—.1
Signode Steel Strap preferred—v.
30
; South Bend Lathe Works capital—

4%

8%

=56

2 (4

*

_a—*'*/

common—

Bchwitzer. Cummins

Jun

600

13%

————AaAaa—7A*AA—A50C/7
Mfg Co common—10

3%

:

:,"V^>:'30>
'

-

1

250
:

70%
148

1%

-

20(4

;• 5% Jun
;v i% Sep

•'

Shares

High

4

,

■6%

Cleveland Builders Realty-A
Cleveland Cliffs Iron preferred-

Jun-

24%

,*50

*

——

Clark Controller

47% Dec

Apr
Oct

•:

550

.

1%

'

148

^7 7'-'t7

Common''

■

»:

38 (4

Rath Packing common—aaa a—a7__a10
Raytheon Mig Co 6% preferred———5

,

,6%

;;

;
■

:3% :.A;V480-;

•••

68

69%
148

•

1%

'■<

Process Corp, (The) common—UL—
{Quaker Oats Co common————.

»

*6

.

Jun

36

•.

Preferred

Nov

15

% Jan
25% Nov

Dec

02

-18%

76

22(4-

■

"'3%

Pressed' Steel Car common———a. r_l.

Preferred

,'rX

1

•

■j'!

,

1,080
V102

23%
46% 7

"22%

23%

capital——aAa—. -50
; Peoples Gas Lt & Coke capital—'—. 100
/Perfect Circle (Thfe) CoJ_—
Poor & Oo class B—a——Ai*~—AJ;
RR

Pennsylvania

.

12(4 Jun-

370

Low

——5

Brewing Corp of, America—
City Ice & Fuel

77% Nov

Jan

60

40

-100

-Va

Jan

Brass, Manufacturing-—, i

American Coach & Body—

14% Aug
3%' Nov

Jan

%

"

14■

3%

Penh Gas & Elec class A common.

700

74

■

'

10

150

,

-2%

*14; ;V
''

1

14

12%
2%

100

preferred

Gr/o

Penn

A'

14

—5

Peabody Coal common. B——a—

,

Jan

6 (4

Sales
for Week

«f Prices

Par

Akron

Omnibus Corp

Sale Price

Dec

11

Week's
Range

Last

Dec

Exchange

compiled from official sales lists

Thursday

11% Feb

7%

inclusive,

Dec. 26 to Jan. 1 both

'

16%/ 17
10 %

9

preferred—a—100

Cleveland Stock

High
8% Dec

3% May

1,650

:8%

8

■

Range Since January 1

Shares

High

Low

Par

■

for Week

;;
Range
'-jof Prices

Sale Price

: v.v?.

'stocks-a-; '•

,

Sales

Week's

v

.

77c

'2

2

1%

•

'

5

56c

1%

Apr
Mar

Apr

1%

154

2,050

1%

Dec

10%

10%

773

10(8

Dec

*

2%

3

2,225

2

July

6%

Feb

1.00 Nov

2(a Jan
2% Mar
15%

Feb

2(4 Nov

THE COMMERCIAL & FINANCIAL CHRONICLE

32

Monday, January 4, 1943

OTHER STOCK EXCHANGES
Thursday

Week's

Last

of Prices
Low

Par

Tube class B

100

i%

i%

1,115

Dist

2,983

2

400

1%

425
420
100

3

l

1

1%

75c
2

Apr

1% Nov

Dec

3

Jan

Seaboard Oil Co

2

Feb

3

Dec

3

Feb

3'A

Jan

Sears, Roebuck & Co—
Socony-Vacuum Oil Co—-

75c
47c

Steel

Corp

4'/8

1

Standard

Brands

Inc__

1.10

Oct

Standard

Oil

875

6% Mar

14%

20

13% May

Jan

10%

Studebaker

a

*

4

—25

46

—;

iy8

Jan

1%

Jan

2%

Jan

4%

Nov

Corp ——
—
1
Superior Oil Corp (Del)— ———1
Texas Corp (The)—
———25

July

6c

Feb

Tide

3%

Dec

Union Carbide & Carbon Corp—
—»
United Air Lines Transport——5
Aircraft Corp
—i„—
5
United Corp (The) (Del)———
*

—2

lc

3

1,000

2%

3

Nov

Water

Assoc

Oil

Angeles Stock Exchange

2G to Jan.

Dec.

1

both inclusive,

Week's

Thursday
Last

STOCKS-

Accessories

Aircraft

Petroleum

Barker

Eros

Inc

50c

Diamond

Chica

Bolsa

a§2%

%

".

common

75c

—1

Broadway Department Store Inc—-1*
Buckeye Union Oil Co common—
_1
Preferred

vtc

Chrysler

Ice Cream Co

Corp
Steel

Corp

Derrick

Emsco

Exeter Oil

*

——

Co

&

Motors

General

Paint

Gladding McBean

Co

"A"

Co.

Hudson

Car

Motor

8%

-f;

Nov

7

Oct

9

410

8

6%

■

20c

Jun

50

3%

Sep

533

31%

Feb

5 %
.

44%

Dec

Feb

Dec

11%

Jan

26%

Dec

100

17

Dec

40C

May
Sep

32%

900

57 %c

Dec

;s\:1st

60c

60c

200

48c

Jan

60c

Dec

;2nd

225

3% Mar

800

Philco

Corp

Lane-Wells

Lincoln

Co_.

Petroleum

Co

Aircraft

Lockheed

6%.

——1

4%

Nov

Salt

Jan

Co_

-

——

—

6%

VA

Apr

Nordon Corporation Ltd

7%

Feb

Sun

25c

30c

1,666

18c

16%

1,009

15% May

23

Jan

7%

7y2

120

6
Apr
92%c Dec

8

Nov

97

%C

92%c37%c

1

-3c

Occidental Petroleum Corp.————

a5c

5c

5c

Oceanic Oil Company
;
Pacific Clay Products———

30c

30c

35c

1

6%

Gas

1st

Electric

&

3c

«

Pacific Indemnity
Pacific Lighting Corp

Puget Sound

Republic

Oil

Co.

Corp

Jan

30%

230

25% Mar

30 %

Dec

38%

6%

6%

32 % May

40

22%

Apr

32%
12

220

6%

Oct

825

1.15

Jun

2%

270

6%

Apr

8%

t

al5c

15c

600

8

8

325

3%

3%

1,475

a34%

'

37%

90

-

3%

1

50
941

7%

15c

27c

Dec

Union

Dec

ft:.'37%

24%

Jan

21 %

21%

245

1

15

15c

1

2%

2%

100

1%

Jun

a

__

Solar Aircraft Company

L———

Sontag Drug Stores

3%

3%

790

2%

Jun

gout-hern

Co Ltd IZ25

Edison

20%

5c

1,000

21

19%

2,324

32%

15

Dec

24

Jan

17c

May

Apr

Aug

2%

Feb

5%

■ft

Feb

21

preferred B

5%ft

6ft

Southern

Pacific

Oil

25

"A"

•

of

Superior

Co

Oil

California

Nov

Transcon &
Union

Universal
Vultee

Western

25% Mar

5

30

Dec

Dec

Jun

18

Nov

29

23%

29

1,483

18%

Apr

29

Dec

49%

49%

49%

1,031

28

49%

Dec

9

9 %

...6%

6%

6%

■

■

.

380

2,589

a

/

17%

17%

26

14%

•'

15%

—10

,7 -

16%

4,429

/ft

Mar

8%

Dec

4

10%

Apr

6%

Dec

Jan ft

16%

Dec

17%

Dec

10

Apr

16%

Dec

9

9

———1

6%

6%

7

325

6%

Dec

1

6%

6%

6%

700

4%

117

2.10 Aug

Yosemite Portland Cement

preferred-10

72.90

2.90

180

6

Dec

9

Oct

Lines Inc

Dec

28%
32

10%

25

Oil

Feb

1,186

V

Air

24% Mar

15%

a

California

Consolidated

Air

23

497

15%

*

2

;

Aircraft Inc

Western

_

;

;

Corp

of

Oil

460

15%

(The)—___ ~~25,

Company

Taylor Milling Corp
Transamerica

603

28%
32

29%

pfd

Co

Standard

30

28%

28%

C

Co

Gas

32

__

preferred

Calif

Apr

10% Mar
6%

Dec

■'{ 2.90 Dec

Mining Stocks—
Cardinal Gold

Gold

Ore

Zenda

Mining Co___—

Unlisted

1

Company

Mining

Company

Amer Rad

,7

Std

Sani

2%C

4c

July

2,000

lc

Dec

lc

Dec

1,500

lc

Dec

5c

3,000

%c Dec

7%

Jan

%

Feb

70

Oct

Dec

1%

Dec

17%

259

12%

Jun

20%

Oct

34%

676

28%

Apr

34%

Nov

44%

1,196

29%

Jan

44%

Dec

25%

50

21%

Apr

3%

4%

702

3%

Dec

5

Jan

2%

2%

117

2%

Jun

3%

Jan

Apr

•ftftft 3 ft/ Jan

9

9

275

1%

Jan

27%
/.ft

v

3%

3%

3%

4,239

23%

22%

23%

2,743

18%

Jun

26

32%

32%

127

29%

Apr

32% Dec

3

13%

2% May

4%

Oct
Nov

22%

14%

840

14%

Dec

13%

14

189

11%

Apr

16

Nov

27 %

157

24%

Apr

28% Nov

22%

22%

'.,100

2%

200

37%

9

•

48%

50%

50

21%

22

7% May

20% May

23%

Sep

3%

Jan

25%

Apr

39%

Dec

43 Va

Apr

55%

Jan

20

Jun

/■ft/

% Mar

ft

f*

7ft

% May

1% July

ft"

22

43

316

,•

ft.135

ft

■

a*

Apr

35

Jan

Jun

—i—--——25.

Corp common
preferred

$5

preferred

1,010

17%

*

16%

5%

a a

Mar

2,029

IjT

———.—•

&

Jan

621

18

5

5%

27,133

102% 103%

*

11

126

Vj
ji
18

July

3%
92

18

Jun

Oct
Oct

Dec
Dec

?

Mar

106%

Jan

Westmoreland

Inc———10

13%

13%

87

10%

Jan

13%

Nov

Westmoreland

Coal

19%

19%

87

15%

Jun

24%

Oct

;

—

—20

—

Pittsburgh Slock Exchange
Dec. 26

to

1

Jan.

both inclusive, compiled

&

•-STOCKS—
:

Last

Par

-

Allegheny Ludlum Steel
common

*

1

•

6

9%

8%

1%

1%

Devonian

———————10

Oil

10

—

9%

ft.

Walker

Refrac

Fuel

Supply

National Fireproofing Corp

Pittsburgh Brewing
Preferred

com—

Screw

Ruud

&

Shamrock

Oil

Bolt

&

789

■i

9%

12

14

8%

Sep
6% Mar

13

13%

50

50

580

£2

:

2

2

$

High
22% Jan
1

7%

Dec

Jan

10%

Nov

2%

Nov

85c

1

8%

85%

4

Feb

Apr

Jan

Feb

60

Jan

2

Apr

Nov

i'.4%

Apr
Dec

85c

Dec

23

Apr

7% May

50

Sen

6% Nov
70c

1%
30

Jan

Jan
Jan

9%

Jan

142

55%

Feb

86%

Dec

340

3%

Aug

5%

Jan

100

86%

5% Aug

7%

Jan

lc

2c

Jan

3%

4

5%

5%

lc

lc

2,000

2%

2%

1,400

15%

15%

common—1

Dec.

16%

25c

-

50

8%:

8%

86%

15%

'

200

28

9%
2%

1%

95

85C

15

Jan

45

395

25c

11% Jan

12%

842

25c

28

85c

1%

:

'

5%

...5%
25C

*

May
7% July

205

—-5
—-^1

Brake

10

300

_*

■_

% Sep
8% Jun

113

2%

25

-

Corp—

Gas

Air

5

82

8%

*

Manufacturing—
Mining

Westinghouse

1%

50

*
1
10
*

,_*

common

-

Pittsburgh Forgings
Pittsburgh Plate Glass
Pitts

165
102

13%

common—*

Manufacturing

Mountain

6%
9%

■

14

8%

—5

—

Jeanette Glass preferred-—

McKinney

65

2

Duquesne Brewing
Electric Products
Harbison

Low

16% May
% Mar

:

Columbia Gas & Electric—

Copperweld Steel

Range Since January 1

70

1

6

*

M)_

Shares

18%

%

Byers

for Week

High

IVA

Blaw-Knox Co

(A

Sales

!

oi Prices

Low

17%

•

Arkansas Natural Gas Co

Range

Sale Price

:

from official sales lists

Week's

Thursday

Jan

1% July
14

547;

May

3

19%

Mar

Feb

Sep

ft'.'.

American Tel & Tel Co———

-100

5%

6%

36%

37%

175

124% 127%

1,102

a37%
127%

755

4%
36%
103

6%

Jan
Dec
Anr

41%
130%

Dec

Oct

St. Louis Listed and Unlisted Securities

Oct

'

Anaconda

Copper Mining Co
Armour & Co (III)

23 %

_50
5

-

Corp

(The)

Barnsdall

Oil

Co

45%

46%

c.

&

Gas

3%

Jan

492

Jan

29

Edward D. Jones & Co.

Oct

53

3 %

446

2%

Jun

4%

270

10%

Dec

13%

Feb

12%

12%

100

8% May

12%

Dec

a33%

33%

40

55%

55%

230

28

28%

85

40%

41%

215

3%

3%

282

2% July

1%

a

-5
—*

„

a

28%

a 40%

10
-*

*T%

Corp___———*

a9%

Elec

Solvents

Sep

10%

———

Tractor Co__
.Cities Service Company—
Commercial

Oct

2%

3%

5

Caterpillar

Columbia

28 %

10%

;

Corp

Dec

3
t

v

Bendix Aviation Corp..
————_5
Bethlehem Steel Corp.——»

Borg-Warner

46%

23%

.—13

(Deli

Baldwin Locomotive Work

3

675

200

24%

3

Atchison, Topeka & Santa Fe Ry—100
Aviation

lc

2%C

Corp__——„*

&

Smelting & Ref Co——'—*

Amer

2%C

—1

Stocks—

%C

%C
lc

1

44 va

766

1%

2%

San Toy

Mining

Gold

287

70

37%

Dec

18%

Jun

130

7%

67%

25%

•/.-

''

6 %

So

California

14

Jan

75.

26%

———

Preferred

Nov

10% May

3%

4%

*

50

Oct

34%

21%

10

Feb
Jan

2% May
5% Sep

2%

43%

Feb

20

12%

134%

.50

————

Jan

5%

31

Jan

Apr

——•

Nov

May

18%

9%

101%

May

3

31

a

a

High

678

16%

Jan

18%

15

Corp—
Signal Oil & Gas Co class A._
Signal Pet Co of Calif

'

Oct

8%

31

Oil

•

'.

1

32%

———

—

ft

'

Range Since January 1
Low

Corp-—-1.1

Oil

Y: 'ft ft

Shares

1,858

—*

common

"

Sales

Nov

6% Mar

18%

Security Co Units of Ben Int
Shell

':V>-

.

Oct

2

11%

67%

'

Safeway Stores, Inc

83% Dec

124% 127%
7

__5'

United Gas Improvement common

Nov

.95

rV ®ct

"

■'

Nov

7%

2

Rvan Aeronautical Co

5%

20%

——

Inc

$3

25%

1.85

1.95

16 %

High

2%

preferred——25

United

Jan

«

w

Public Markets

Feb

Apr

32

% Mar

for Week

of Prices

11%

127%

Class A
participating-:
———* :
Tonopah Mining
^
1
Transit Invest Corp common
25

Jan

16

6%

1

y

Dec

Jan

3%

Oil

8c

a37%

Warrants

Roberts

100

(N Y)

Paper—

8c

385

31%

Dec

Jan

from official sales lists

Week's
Range
Low

preferred -W—-^^-^--50

Dome

40c

ft,

Dec
Jun

340

'

•

.

common..

5c

25c

12

'
■

common—*

200

1,600

4

Dec

Tacony-Palmyra Bridge—
■

Jan

23%

a

Pulp & Timber Co

Petroleum

Richfield

•

Jun

3c

1,000

.

ft

1.90

30%

Co————— —10
com—.

;,

Jan

11%

—25

preferred

10,565

35c

Mar

23

11%

25

common—

3c

4

Pacific Finance Corp common—— II10
Pacific

5%

2,590

16%

1

.

f'

"19%
l__34%

8% Mar

24%

570

2

compiled

34

common

preferred

Scott

Oct

%

.

10

—-

Angeles Investment
Menasco Mfg Co

26

._i

—10

:

Corp

Los

6'/4

1% Mar

*

——

Reading RR

•

%.

65
200

;_10

—

Phila Elec Power 8%

26%

4%

81%

1%

Light—
—*
Pennroad Corp voting trust ctfs—1
Pennsylvania RR
-50

55c

4%

Dec

National Power &

-

32%

a%

Jan

8%

1%

Motors—

Horn & Hardart

55c

60c

Dec

55%

4% May
70% July

common—

Lehigh Coal & Navigation
Lehigh Valley RR__i

Dec

9

6% Mar

yi
;

Feb

Jan

——

Co

Prior preferred

Nov.

5%

3% Nov

Pub

General

25%

*

,26%

45% May

49

*

Electric Storage Battery——

.

,

10c

Chrysler Corp
Curtis

v

32%

—1

Jan

1,271

8%

a79%

100

Nov

4% Aug

200

Hupp Motor Car Corp——— 1

325

47%

*

Tel—

&

Dec

Jun 1

4

Tel

7%

7'ftft5':7 Dec

4%

.

26%

7%

Sale Price

1.50
■'

Jan

206

3%

a25%

Dec

47 %

both inclusive,

69%

Mar

4% May

525

■

82%

62% Mar

%

|v, Budd (E G) Mfg Co common—
*
4:',;V Budd Wheel Co——'*

Oct

44%

1
.

Apr

Feb

4%

—*

Company

12%

Dec

23

a3%

common——*

Holly Development Co
Holly Oil Company

American

46%

4,200

Jan. 1

to

American Stores—

Oct

64

43%

——*

Goodyear Tire & Rubber Co
Hancock Oil

Dec

Jun

'Sft'ft

Feb

26%

Par

16%

Apr

17c

Dec
Dec

10

Jun

230

-

STOCKS-

20

Jan

53%

.

26

Nov

17%

17c

common--——--.-*

&

2c

63

44%

—10

common-

Nov

80c

•

1,150

7%
■

8%

:

Nov

1%

475 '

Last

8% Jan

150

7%

307

6 %

42%

Apr
Mar

19

Thursday

7%

385

17c

Ltd—1

Corp

Corp

Apr

20%

5

1

common-

Stores

Fitzsimmons
General

——4

Co—ft—.——5

Equip

"A"

82%

Dec

Sep

1%

180; ;

46%

25%

a8%

Aug

9% May

.

1,474

6

Dec.

Jan

57 y8

20%
a56

—*

;

100

7

6

—.

Preferred

1

69%

9%

4 %

31

Jan
Jan

Philadelphia Slock Exchange

Dec

75 c

July

10

76

'

56
■

5

Apr

%

Jan

2c

425

1

69%
6%

Douglas Aircraft CompanyElectrical Products Corp—

'

%
2

Dec

5%

865
;

7%

v.' 1

*

_

42c

1,000

16%

7 %

32%

840

18

7%

——5

Consolidated Oil Corp
Consolidated

16

I

22% May
% July,
'■! 1.15

3,010

2c

17 y2

100

Aircraft Company

Chapman's

2c

300

19

*

Nov

1,769

7%

545

1%

Dec

18%

.24%

—10

——

5%

Dec

10%
,

31% July

42%
,

62

'
;

Sen

3%

300

75c

67/a

1

Central Investment Corp——
Cessna

7

2.20

2.20 May

25

1.20

57 \2

1.35 July

200

V*

%
1.15

—2

Co—

Corp.—

963

16% Dec

Apr

2%

Dec

17% Mar

High

1,945

3%
30

Steel

465

46%

81%

7

44

.

9%

Westinghouse Elec & Manufacturing-50
Willys-Overland Motors Inc.—
1

Range Since January 1
LOW

1.80

3%
30

1

——

„;

Shares

High

1.70

pfd———50

5 % ',c

Corp

Oil

1.80

Company-——_1

Corp

Berkey & Gay Furn Co
Blue

Low

Rubber

S.

75

1%

Warner Bros Pictures Inc————5

Sales

of Puces

S

U.

for Week

Range

Sale Price
Par

Bandini

U

compiled from official sales lists

4

5%

10

Co—-

.

41%

a41%

United

Los

Sep

10%

250

1,000

Jun

12%

61%

900

.03

13%

9%

478

2%

4%

14%

iy8

Apr

Feb

a 60%

(New Jersey)

Co

2%

100

—15

Nov

1,185
482

*

Nov

25%

ll%Dec

16%

Company-,.—__.!—*

High

•

Jun

8% Mar

14

2Va

.03

4%

20

16%

4ya

1%

360

13%

.

1%

Jan

538

11%

4%

~4%

23%

*

Southern Railway

:

LOW

22%

—*

;

of Del—

5%. Feb

Jan

100

Republic

Range Since January 1

High

11%

23%

•

Corporation of America

iy8

4

common——

Radio

65c

355

75c

LOW

*

Apr

Dec

Shares

50

Co

Pure Oil Co-

95

103

for Week

of Prices

Par

4 y8

i

Aircraft common

Wayne Screw Products commonWolverine Brewing common—
Woodall Industries

3%

ft

,;v'

Pennsylvania RR

l7/a Mar

3% Dec

3^

"B"__

Walker & Co
Warner

.93

3%

"B"

Cooler

Universal

.85

-

Z_i

————

Radiator common—

U S

.88

*

common—

Specialties

lJ/a Aug

2

1

•

1'ftft'ft1.'

Mar

Range

Sale Price

STOCKS—

High
2

Sep

10

«

Investment common-—u.

United

1

102

—1

Udylite common
United Shirt

102

.100

Tivoli Brewing common

Union

Low

1%

common.

preferred

Stearns (Fred'k)

Range Since January 1

High

1%

1

Simplicity Pattern common
Standard

Last

Shares

—1

Sales

Week's

Thursday

<

for Week

Range

Sale Price

STOCKS-

Sales

Corp

1%

31

Aug

53%

Sep

22% Jan
33% Mar

3,011
50
200

28%

Established

Feb

2%

Phone

New York Stock Exchange

CEntral 7600

St. Louis Stock Exchange

Nov

9%

;

Members

Dec
Dec
Dec

Jun

1922

705 Olive St., ST. LOUIS

Jan

3%

8% Mar

%

60%
41%

1% May

9%

9%

39%

Jan

Chicago Stock Exch.

Postal Long Distance

Chloago Board of Trade

Bell Teletype

Associate Member Chicago Mercantile Exchange

SL593

New York Curb Exchange Associate

Oct

'

Commonwealth

&

Southern

Corp

_*

Continental Motors Corp—
Continental Oil Co

Curtiss-Wright

4%

(Del)——

Corp

&

Share

Electric

General Foods

Co

6%

173

Jun

4%

NOV

17%

27

Dec

283

6

Jun

9

Jan

1

Dec

2

Dec

22

22

2

2

317

Apr

St. Louis Stock

40

2

al

*

1

10

1 %

Dec. 26 to Jan. 1

Dec

30%

565

22%

Apr

30%

Dec

35%

114

24%

Apr

35%

Dec

Exchange

both inclusive, compiled from official sales lists

Nov

1

29%
35%

30%

*

———.

3%

-fit Nov

300

a22

_•

—

Corp.

4%
27

*

Co——.

Elec Power & Light Corp__—General

6%

.

—1

-

Bond

27

5

1

Class A
Elec

%

•

Thursday
Last

STOCKS—

Sale Price

Week's

Range
of Prices

Sales
for Week

Range Since January 1

Shares

'

Goodrich

'

(B F) Co___

——*

Graham-Paige Motors Corp.—„.
Int'l

*

a26%

1

Nickel

Co

International
Kennecott

Loew's

of

Canada-

Tel

—;

York

Central

A.

Apr

30%

Oct

American

Jan

6%

Nov

26% May

34%

Feb

Boyd-Welsh Inc., common

37%

Apr

45%

Dec

Brown

25% Mar

34%

Dec

Burkart Manufacturing common

2.50

Jan

Century Electric Co—

28%

235

24%
2%

416

—•

27%

28%

612

a45%

45%

70

32%

34%

215

1%

1%

100

10%

10%

10%

957

6%

9%

9%

9%

()75

9 %

*

,—

RR

Aviation

»

Inc

Company

a34%

—5c

-

1

*

-

Ohio Oil Company

10

9%

10

655

*

Packard Motor Car Co

footnotes

Jan

6%

*'

American

Dec

\l

%

Corp

Copper

American

For

29%

see

-

page




36

11%

11%

11%

450

*

2%

2%

2%

1,095

Par

26%

13% Mar

60

6%

Inc

North

100

*

Montgomery Ward & Co
City Copper Co—
New

26%

ali

Tel

&

Mountain

North

26%

1%

7

Feb

Dec
Jun

Dec

Aug

6% May
2

Mar

S.

Aloe

5%

Chic

Co.,
Inv

common

Line

Low
37

37

37

195

preferred

4%

5

37%

38

1%

1%

28%
14

1
10
10

14%

3%
14%

33%

14%

790

3%

25

15

Columbia

Dr. Pepper common

—*

12

12%

Elder

100
1

62

62

7

7

Dec
Oct

Manufacturing "A"

Falstaff Brewing common

Dec

Dec

Oct

2%

Jan

1.88 Mar

27%

Dec

12

July

40

28%

Jan

6%

Feb

7

Dec

12%

5

35

41

1%

11%

common

70 ;

Oct

;
250 '

13%

Brew

4%

!

High

Dec

37

20

1—*
—

Low

High

50
——*

—

common

& Sou Air

20
1

common

preferred
Shoe

—

6%

12

Feb

14

Dec

17

Jan

:'

3

Sep

4

May

200).
150 :

7% May
6

140

i

11:,
40

15

Dec

Dec

8

Mar

7% Mar

13

Nov

Apr

62

Dec

6% July

8

Jan

60%

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

157

Thursday

Range

Brew

15%

16

common—

International

Shoe

4%

Dec

6

Apr

90

6%

Oct

7% Mar

Pacific

3

330

3%

10c

15C

27%

28 %

=

s %

Key Co

common,——

4%

Monarch

5;. "
4%

Missouri

Dec

12%

Feb

Pacific

6Va

Apr

Pacific Pub Serv

Dec

5Va

Jan

4%

Dec

5%

Oct

Pac

Dec

Apr

Paraffine

Bearing

National

Candy

Sterling

•-

6%,

2Va

8

2 20

•

—

5%

v

v

5%'6

/V

200

:

■"

404

24%

24

24%

,

25-year
Scullin

Steel

:jJi-

nitge 5s—
1959
inq—„'
—2—1964

3s

-1941

—2,—

90%

$1,800

53% :53%

1st

conv

3,100

90%
85

—

Nov

Oct
Jan

47

9%

Feb

' y

26

*

■

V'.- 2?: 2VPar

r
.

Accessories

Aircraft
Alaska

Anglo

Min

Amer

Min Co.—2,

Gold

Juneau

———,50c

—

—

1.85

-10

3c
9

—
1
,-—20

Corp,

Anglo Calif National Bank

Jan;

32'% Jan

59%

Jackson

Byron

Calamba

Co

Sugar

i—i.y

common

__

16%
3%

Calaveras Cement Co common,,——*
Calif Art Tile class A—

California

Central

Eureka

21%

87

sl5%

Cons.

class A—

Ind

Chem

Cons.

20%

i—.—5

Coppermines,,,—

Preferred
Di Giorgio

32 %

Oil Works—_————*

Dorado

2.25
7%

Co

Mfg

Corp———4

Products

Electrical

Preferred

(ww)

Der,

&

Co———J

Equip.

■

5%
18%'

5
20 J

capital-—'

Co.

Plantation

Ewa

73%
Foster & Kleiser common——,
2% yy 75c
Galland Merc Laundry
i!
—*
9
General Motors Corp common——10
44%
Genl Paint Corp common—L.
•
4%
Oladding McBean & Co
I—J
*
— '
Golden State Co. Ltd
——
*
12%
Greyhound Corp common,—'—
*
! -Hawaiian Pine Co Ltd,—,——
*
13%

Fireman's Fund

Holly

——10

Co

Ins

——I
J
10

Development——:

Home F & M Ins Co capital

Honolulu

Oil

Honolulu

Plantation

capital

Corp

*

Hunt Brothers preferred,^
Langendorf Utd Bk "A"

——

Leslie Salt Co—

——

10
*

Lyons-Magnus
B

Class

1
—*

—;

A

,_————*

——i"

Ltd————1——,1
Magnin & Co (I) common..—
—*
March Calculating Machine———5
Magnavox Co

Meier

&

Menasco

Frank

Co.,

Fibres

Auto

Company

American

6%

,10

,

Manufacturing Co common—1

National
Natomas

N.

Inc

Invest,

1

common,.

*
common,,!—100

Preferred-

—

Oil Cons——

North American

Insurance

Occidental

Co

—1
—*
-*

Occidental Petroleum

Utd

Oliver

A—,

Filters

B—

Class

—

:!

75c
19

•9
43%
4V4
.

27%
24%

24 Va

4%
—

4Va
17

—

-

5%

--

13%
—

Co.,

Pacific

96c
5%

91c
4%

5%

5V8

Allec

—

—

'

23 /2
4%

--

4%

12c

Oil

of

Wells

H

36%

351

i.

14

1,482

15%
4 Va

Yel

30c

Dec

775

8

2.499

15%

276

8%

8%

9

6%

6%

7

30c

Dec

Dec

10c

STOCKS—

May

Shoe

*
1

common

Alberta

Pacific

Algoma

Steel common

Asbestos

Grain

preferred

Corp

Bathurst Power As Paper A..

—

*
*
*

Bell

Telephone'Co of Canada—100
Brazilian T L & P—,.
•
British Columbia Power Corp cl A
*
Class
Bruck

1_

B

Silk

Mills.

*

Canada

Cement

Canada

Steamship common

5%

*

—

participating

For

footnotes

14%
—-

2
—

'

/

preferred,

see

page




S6

5%

•
50

1_

,

Canadian Car & Foundry common

V>-7%

14
141

•

common

preferred

—

9%
21%

9
31%

1*

—'

25

28

-

Mining

Argonaut
&

Armour

Mining

Atchison Top

Aviation

Co.

(111)

Co

of

Jan

11

Dec

890

13

Jun

17%

Sep

25

90

24

Oct

31

Jan

25

150

26 V

Dec

30

July

14%

>:

,

Nov

Cities

23%

527

23% May

28 %

2%

2%

145

5

1 .75

503

44%

3%

Corp

common

Service

Co

Deb

Feb

85c

Apr

11 Va

lc

Dec

lc

Dec

80c

80c

200

eoc

Apr

1.00

July

214

27b Aug

37a

Nov

620

11% Mar

167 b

Oct

1,236

478 May

7%

Dec

8%

Oct

9%

Dominguez Oil Co

•

14%

2% MaiDec

Bond

General

&

Mar

7%

Dec

July

15%

Jan

Idaho

May

38

Sep

International

5

Sep

y

•

Apr
Nov

40C

Aug y

^

Jan

Mountain

Dec

Nash-Kelvinator

July

cons

Central

R

R

cap...

Oahu

Sugar

a

Co

Port

Packard

Dec

Pioneer

Feb

Pullman

23

8c

Motor

Co

6%

10 Ve

10%

9%

—10

,.y

23%

17

203

4%

240

Jan

Pure

Jan

Radio

Jan

Inc

Republic

Oil

Co

5%

Jun

Riverside
Schumach

Sep
Jan

Jan

15

12V4 Mar

So

Corp

200

2

Feb

239

19

Jun

2%

7 V4

71/4

190

11 %

y 200

6%

»■

Co

Ltd

Oil

Studebaker

A

Corp

5%

Oct

t

Nov

.1

8% July

4%

United

United States Steel

ft

Aircraft Corp common

a

23

Dec

12c

Westates

23%
.

Dec

5%

Nov

Petroleum

Preferred
Western

.

—,25

1

47%

_

.

2.10 1

...

60C

Canadian Celanese
*• .

Canadian

Range Since January

1

High
Feb

13
50

common

7c

95c

1.25

65

Week's

Consolidated Mining &
Crown

Cork &

Seal

.

Smelting

Co

Apr

Distillers

Dec

Dominion

Seagrams

common

14%

Jan

150%

Jan

Dominion

25

1%

8

Glass

common—

& Coal B

Dominion

Dec

Dryden Paper
;
Foundation Co of Canada

4% Jan

5V2

5%

310

3% Oct

5%

Dec

9V4

497

S'AMar

9%

Dec

5%

31%
8
28

158
150

25% Apr
4% Mar
21V2Mar

Dec

General

.

8%

Dec
-Dec

Textile

Gurd

Steel

Wares

(Charles)

Gypsum,

common—;

common.—'—.

Ljime & Alabastine——

60C

Sep

24% July

27 Va

25%
4

8%

21% Mar

Nov

1,893

5

Jun

8%

Nov

32% Aug

39

Jan

20

25

Nov

21% Mar

27%

Dec

20 Va

25

Dec

15%

Jan

12

12

120

25

112

Mar

8%

8%

6

6%

1,427

76%

15

15%

15%

7%

8

76%

77
8 %

*

100

135

651

•

4%

5

5%

5%

Dec

4%

120

*

Dec

Jan

July

6

26

Mar

10

5%

High
28%

3

85

76

Oct

15

100

.

Dec

29

70

25

~6

Apr

1.25

250

July

Oct

120

Dec

6%

Jan

9%

Jan

3%

Feb

6 Va

Dec

66

3%

Jan

Aug

82

Apr

6

Jan
Jan

35

12

July

16

125

5

Feb

8

Dec

80

Dec

25

63

Apr

740

5

Apr

140

2

Feb

2%

Apr

620

f

Dec

8c

300

26%

_•

8%

Low

135

25

6%

Dec

Range Since January 1

26

25

60c

Sales

Shares

High

100

preferred

Apr

Mar

•
*
25

common,,,———„*

Gatineau Power common.—:

43 s
4C

50

Dominion Steel

Dec

Dec

60c

100

Dominion Tar & Chemical common,,,•

2

Jan

22

Dec

F]

Jan

3%

38

Dec

;

55%

22

23

Jan

Jun

33

12

Oct

Jun

32 '/B

July

*

100

1

2.10

a

14%

29

27 %

3%

Bridge
Dominion Coal preferred

32

27%

572

Mar
Dec

'

167 ft

Jun

4'e

for Week

Range
of Prices

25%

Canadian Pacific Railway,,,

Dec

y 44%
>

4,860

27%

*

com

Jan

47

24%

3,590

class A__*

Investment

Canadian Industrial Alcohol

5

Apr

97

7%

6c

Low

Par
...

Mar

v-/13

400

J Dec

9%
22
,

Foreign

'•

60c

100

7 7/8

Sale Price

;•

2.10

a26%

—100

j"

653

1.25

Telegraph,,

Oct

30%

50

25%

a

i———

Union

29 %

3

120

45

70

_

Mar

23

6% May

320

325

60C

_

;t

25

25

46%

L—.5

common

j>

Dec

Apr

29'%

24%

Warner Bros Pictures,

Oct

32

y

Feb

29 Va

51/2

t

t

Jan

20%

14%

Feb

10

15

4Va

'

20%

Oct

17/

125

47

8%

Dec

4%

860

14V4

.14%

•

Utah-Idaho Sugar Co common
Vica
Company common

Oct

6% Mar

4% Jun

169 v"

a5'/2l
•

—,

Oct

Nov

7%

Dec

16

10

a3%

5

common

Dec

5

Dec

19%

,1

_

1174

Feb

19

461/B
__

Dec

2%

13%

18%

«

,

11%

,

10

25

..

Oct

50

—15

...

.27%

140

4%

J

common

Nov

200

5 1/4

.

Guaranty Co preferred

50

60

'

27b
25 7b

23 5e July

899

ft

...

common

common

N

5'
14

9

Inc

of

Nov

24

4 Va

13%

,,.25

Brands

Title

11V*

14

9

Standard

Feb

<:

5

9

...

Standard

Nov

11%

*

Preferred

5%

,

"

/

Dec

L50

Jan

4%

50

26 Va

Oct

37i July

14

Jan

a25%

STOCKS—

3,00 Apr

10% Dec

9% Mar

.

common..,,

Bd

Calif Edison

9%
1.25

V:

Feb

950

13%

Apr

1,15

22% -S

I

Dec

1.50 Mar

2%

'

Jan

May

35

12 %y

;

12% Oct

7 %

9%
/

100

—WW* '

Socony-Vacuum Oil capital.

Jan

Low

2

>

/.'■V 6%'

105710

120

_

common.

Wall

5%
-'

Oct

11
Dec
23
May
7% Nov
16%. Aug
10%'Aug
124%'Aug
6% Jan
18
May

Dec

L.25

22%

Cement

1.90

;

Apr

25
55
85
.335
395
106
1,120
65

I

6%

Dec

3.00

9

common

official sales lists

High

f

Jan

1.25

12 %

-„10

common

capital

Steel

Dec

2.20

3% May

;

Dec

2.60

2.60

20

__

Corp of America

Nov

7%

Jan
-

34%

6%

704

9%.
10

Apr

1.40 May

200

a9%

Apr

Nov

24%

327

6 V4

6%

Mar

10c

May

5c

3,270

1.55

Jan

24

20
:

2,800

34Vs

32%

;

60

9c

1.40

Mill Co__—

5 Va

60C

May

5c

2,000

36%

23

Pennsylvania RR

Dec

20% May

100

6c

;

Dec

2%

__1

—

common

Cement

Dec

27%

Jan

5%

i

Dec

27%

..

Jun

Jan

16

Oct
Jan

67a

162

10%

Sugar Co Ltd capital

Ola

* Dec

24'/a

Sep

10

■

Jan

555

1.40

_

Co

Preferred

..

_

Aviation/—'•

American

Pacific

Jan

3.7

4

Nov

6%

a

5

American

Dec

yw-

May

90c

30%

:
i

'

Mar

Dec 1

i

Nov

30 Va

28%

8c

5c

Corp

17

15% May

91c

Oct

i

Jan

2%

257b July

6%

*

City Copper

31%

19% July

3%

Apr

1.75

(

Oct

387

23

.1

yyyyp/

North

8

Apr

90o

m

10%

May

5%

&

North

15%

Feb

30c

Y

N

m

Nov

54

4

&

Dec

55c

Jun

24

j

Navigation Co

July

yy 14

Sep

12Va

22%

1,045

2,100

28%

a

*

Montgomery Ward & Co

14%

Jun

Apr

28%

*

common

14

Mar

•

common

30%
29%

293/a

Jan

47c

Aug

%

Nov

34

Apr

20c

235

1.90

2.75

>

29%

May

24%

1,070

2

30 y

2.85

Corp

9

.

/8 Va Mar

6

Copper

Dec

33 y

5%

Kennecott

Feb

40c

10

International Tel & Tel

44 V8

Apr

23C

»

*

Canada,,

6%

8% Mar
10%

of

Matson

■; /

.

23c

1%

Co——

Nickel

16 %

Mar

.

105

...10

.

Mary Mines Corp

m

3'%. Apr
6

_

6

735

33

6%

Co

Oct

3,10

V

Jan

7

33

33

.

...

7

■

32

30c

1,090

Dec
Dec

V

8% Nov

31%

Nov

6
19 Va

73%

12

66%

_

15'/4

6%

7

6%
....

Share

Electric

5
12

32

L-i

9
_

Dumbarton Bridge
Elec

»

Oil" Corp

3%

a3

Curtiss-Wright Corp

Nov

8

Jan

8%

.,,10

common

6%

Oct

%

200

2,196

55c

9 Va

j*

_

41%

Jan

i.-

Dec

%

lc

—

_

Consolidated Edison Co of N Y

2

Jan

«

Trading

Consolidated

5%

I

4%

lc

50c

51c

-2%

Sep

/•

Oct

27 b May

9

1

Sullivan

&

Jan

.

Dec

52%

200

%

1

Dec

3

Jan

29 %

115

%

3

Dec

3

Jun

1.75

1.15 Mar

100

46

3

Dec
Jan

4

Dec

2%

625

3

1.65

-

46

12

'

Nov

297 2

23%

,5

88

Jan

Dec

129 3 b

24

.

Mar

Jan

6%

Apr

1047B

210

9

Preferred

Jan

3%

Sep

7

Pac

Apr
May

3%

956

6
127 3

124%

3%

Cal

5%'
9

270

Apr

270

Del

Nov

Hill

5%

31%
8
28

May

6

5%
a

& Santa Fe

Corp

23%

Apr

3,65

1,867

Oct

205

s

Berkey & Gay Furn Co
Blair & Co., Inc., capital

3

VA-

Dec

Mar

23 %

33V8

...

Bunker

3.1

for Week
Shares

2

13% Mar

a

50

;

common.

Oct

12% Aug

Range
of Prices

.

377

Apr

101

6% May

a32%

*

Jan

4% Oct

11
11
50
50
9%
9%
21
21%
14
14
140
141
:■ 14Va 14%.
23
23

—

700

■

Jan

2.00

Oct

659

Sales

Low

Par

Agnew-Surpass

'■

14

.,100

Tel

15

Aug

15%

10

Dec

9%

55

25
S25

Sntry

Tel &

Anaconda "Copper

Mar

22%
■■■'-

St

&

76% Mar

226

15%
17

Jan

237

14%

50

Anglo Nat Corp class A common

27

Nov

Rad

23 Va

.

Dec

11

9%

14%

Dec

6"

' Mar

6

1,060

Feb

96%

237

237

10

10%

May

12%

23%

22%

20
25

Sep

5'/4

Jan

10

283
600

Week's

Last
Sale Price

.

„

10

15%

15

Dec
•Nov

72 c

Jan

4

15

'

86% Jun

7,335

10

Jan

55'

Dec

1,150

1 both inclusive, compiled from
Thursday

35

6%

6v4

6%

Feb

29

Jun

95

6

V

18 Va Mar

'

355

Dec

Nov

Unlisted—
Am

Montreal Slock Exchange
".y

2,550

Nov

4

io

■

'

612

Dec

18%

Jun

10%

625

,

15%

Series 2

American

1,740

23

j

-

soc¬

Last

yy/'y

.

15%

1

Dec

18

12% Aug

94%

95

——

series

Co

Jan

18%
21

Jun

9%

30c

:

"•1,177

29

28%

50

Checker Cab

Feb

Feb

43

Dec

14

Apr

5%

10% Mar

293

10

Steel Co

16

-3 V4 May

230

9%

pfd—

Dept Stores 7%

25c

Apr

-

18%

36%
'

1

Western Pipe &

:

800

25

Agricultural Co——

Dec

13

211
~

4Va

Fargo Bank & U T——100

Western

12c

1,100

25

Oil—.

Consolidated

■

■

3%

15%

15%

2

California

11% May
8% Jan

'

*

Co

Apr

21

Thursday

Dec. 26 to Jan.

15C

Oct

2.10

Dec

6%

13%

•

■

9%

774

■

14

■

3«/4

36%

10

American Viscose Corp

6

;

Dec

1,095

7%

7V4

14

_*

Dec

184

24%

10%

3%

A

Dec

2% Mar

1,650

1.10 ' 1.10

—

10
,V

common

Oil

3%

'

24%

10

,

*

—

of California

Corp

1.25

Dec

4Va

250

:

Dec

26%

1.20 Aug

1,000 '

Oct

5Va
V

2.00 y

*

18

1,576

96c

NOV

11%

31%

"

772
474
5%
110
25c -yy 150;

/

1.85

*

common

common

18% May

188

1.60 1.60
5 Va
5%
13% 13%
11% 11%

1.60

26%

v

2.00

———w

Dec

/ Dec

11%

900

y

Jan

65

Apr

24

1.60

Mar

60c

2,100
25
.>

15%

Jan
Mar

556

26

Dec

Dec

6

8

18

Jan

4c

4%
17%

25c

25c

27%
25%

1,203
50

16 %

16% Mar

30

;;

u,

103%

6c

600

52c

6V2

Jan

Dec

3%

Jan

1,50

286

Feb

16

:yy 1,974

14

54/,;:-

15% y
7
7
6%
6v2
17 y1? ;

15% y

Apr

3%

14%..yy- 155

52c

50

11%

May

43

1,669
4%
600
8% 100
12% -\y 977

13%

3%

6v4

14% Nov

37%

Feb

: -:i'

2 Va Mar y

610
44§

54
15

—

Dec

V / 7%

90c

130

,

July

9c

9

Jun

10

44% y

24V2
100
—
23
10
7% >•'
7Va
10 yy ,—
s32

100

—

' preferred

5% %

75c

8%
12;
14Va

—

7,.'

—

Aircraft Corp

.

__

1

Libby McNeill & Libby

y

—10

LeTourneau R G Inc,

Lockheed

/

~20

Co

.

—

'

..

•/.

Dec

Apr

85c

2.C0 2.25
450
7%
8 .y
525
7%.
7'%
221
12% 13%
1,070
35% 36
285
5
5%
220
18v2 19 y;£.vy 50
72
73%
47

12%

5C

,

——

6

3%

21

Waialua

Oct

3%

Dec

85

134

32 Va

32

—

*

Emporium Capwell Co. common,
Emsco

y5%

—

:___100

,

Doernbecher
El

10

Fruit Corp common

Preferred

3%

Dec

101

!'„■

Apr
22% Mar

62%

Spring Valley Co Ltd!

,

2.20

5%

x,*zo.

-

Mar

72

305

——,15

Union

6%

3%.y-y 1,500
lr.va81 Va

78'%

81%

—*

1—

11

70

,,<■

36%

11%

Union Sugar common.,——

Apr

/2c
.

200

.

703

14 %
91

3 Yb

% Mar

62%

Prefererd

1%

-a

287
440

4%

14

.

Apr

2

11%

Transamerica Corp,

1.35 July

4,600
140

20%

3% vy • 3%
11 Va
l0'/4

common^——5
.,.

yy,

Nov

22%

62%

Standard Oil Co

Range Since January 1
y ■ low
High

1,088

21

4%

—

Creameries of Amer Ine common,——1 >;■/

Crown Zellerbach Corp

21
20%

—

34

1,095

1

Inc

Stores

Southern

Dec

-900

86c/ 94c
15%

y 87c

2%
—1——25
*

1,692

3 Va

s36V4

—,*

Vultee Aircraft

150
135
2,200
200

8c

4c

4c

Co common__l

Mining
Edison

22% y

21%

y

Columbia Broadcast System A__
Commonwealth

25%

25%

—

*
1

Packing Corp common
Carson Hill Gold Min capital,——

3%
10c "

6c

6c

,100

common—.

3%

3%

—*

/■-—;

Mills

Cotton

43"..',.

43

*

—

"B"

Class

Calif.

y,_

100

Preferred

Dec

32%

common,,——,1

Universal

100% 101%
60
1.50 1.55
600
15% 16%
505
3%
3% ■/ 1,550
1.25 1.25
y.-, y; 450

100%

2
*
20

Bishop Oil Co—

Nov

25%

Signal Oil & Gas Co A
*
Pulp Co common——5

Nov

77% July

„

3c yy 2,200
9! /. , 1,055
6%
1,530

3c
8%
-6%
•

-

6%

Imp Diesel Engine—,——5
Bank of California N A
80

Atlas

27%

Mar

Soundview

Oct

94

official sales lists

of Prices , Shares
LOU)
High
—
.
1.75
1.85 yy.
1,700
3%
3% :.44y 420

Bale Price

STOCKS—

Mar

21

89

14

89%

—100

—

Bros

Safe

for Week

Range

Oct

22

168

2%

25

Shell Union Oil

Nov

:~y, Sales

Week's

Thursday

-

L

■///■■.Last'

30%

210

3

Ryan Aeronautical Co———1

Exchange

both inclusive, compiled from

1

"

1,125

27%
25%

31%

32%

*

—

30%

27%

——100

Warrants
Roos

Jan

21

Jun

•

82

.

\: i,7oo

87

;

San Francisco Stock
5

24% Mar

Dec

25%

Petroleum Co common

Thomas

Dec. UG to Jan.

30 %

common

Tide Water Ass'd

i

30%

,_1
Rheem Manufacturing Co———,_1
Richfield Oil Corp common,,

Bonds—

St L Pub Serv

Dec

.——25
—25
——25
_•

—;

Preferred

Republic

Feb y;Cy 7% Apr
Nov y/
8'/a July

6

'

21

•*

2%
10%

\

Dec

;";y5y

205'!'

10

Dec

6% Dec

Aug

18 % July

."s" 115

2

20 •:

24Va

preferred

& R Co Ltd

R E

Feb

43

'

60

.

Apr

15%

common

Rayonier Incorp

y

% May

6

5

43

7

8

1

Nov

1.35

825

'

/// 4%

.14

2.90

Puget Sound P & T common,

Oct

14%

Nov

Jan

Feb

2.55

3,339

common.,,—

Jan

17

Aug

9%

23%

common—j—

Go's

8%

7

2.50

2.50

———

Tel

&

115%

Jan

5Va

135

8'/a

4

9%

590

6%

8

'

-..——215

common

Jan

43

pfd
i
,—100
common—————;—*
Inv< common....'....'
*

Electric

>,

Tel

7% July

22%

Light Corp common

1st preferred

15% Mar

Dec

110 Va

2

Alum- common——_1

Wagner

9%

20

115 v
13% .14% ;/y '.:202V-'

Inc

Stix Baer & Puller common,,——;

100

,2.

Steel

Securities

415

6V2

Dry Goods common,———

Scruggs-V-B

17

Dec

12%
10

115

2
14'/a

—

St Louis Bank Bldg Equipment com—3
St Louis Pub Serv class A com———1
Scullin

12

12%
10

12%

Metals common——*
1st preferred———100

Common
Rice-Stix

,

120
250

23%

preferred—
preferred——,

Dec

High

7%
8%

common—25

1st

1st

Low

7%

8%

Pig'n Whistle preferred——,——*

Cement com—25

Portland

National

5%

5

404

//V

Feb

13%

100

15

13%

15

.20

common-—-.

4%

•4%

i-5

32

9

112

5

common.,———.

5V2%

May

Range Since January I

High

8%

■

—.

T,*
5

Aggregates

1st preferred

Dec

—5

common

common

4%

190

Knapp

6 %

10c

26

63

9

Jan

4% July

•

Co

Pacific Gas <fe Electric Co

July

6c

1,395

32

Dec

2% Mar

•

1,300

28

common,,

26

35

28

3.:'\

%

4%

Steel

Coast

330

6%

Johnson-S. S. Shoe common—

Laclede

Can

4%

15C

,100

Laclede-Christy Clay Products com.

Amer

Pacific

26

28

Hyde Park Brewing common,— -10
Hydraulic Pressed Brick preferred. .,100
——

Pacific

Low

Par

Fisheries

Dec

16

July

4%

Huttig S. & D. common-....,—— —5

____

12

75

16

Shares

of Prices

,

'y-.''

High

6%

4%

Hussman-Ligonier common.,^.

Common

Low

Sales

for Week

Range

Sale Price

STOCKS—

Range Since January 1

1

High

Low

Par

Griesedieck-West

Shares

Week's

Last

for Week

of Prices

Sale Price

STOCKS—

Thursday

Sales

Week's

Last

'j'

THE COMMERCIAL & FINANCIAL CHRONICLE

34

CANADIAN MARKETS

Last

Hamilton

Bridge

Gold

Hollinger

Howard Smith

Hudson

'

665

2%

Feb

8.75

700

5.80

Oct

12

12'A

140

98

98

99

112

2814

28

28%

12

*

11%

Toronto Stock

Range Since January 1

4%

8.50

*

——-—100

Bay Mining-,-

Shares

4%

_5

Mines

Paper common—

8

Dec

10%

Oct

Jan
Jan

Ltd

Oil

22

Apr

12

International Nickel

Canada

of

International Petroleum
Preferred

7

of Can pfd_——£1

Imperial Tobacco

International

.*

—...

Power

com—*

Ltd—

Co

33

♦

17%

16%

Dec
Dec
Jan

6%

Jan

Alberta,

Ltd, John A

& Sons,

17%

36

11.'A Mar

Power

Steel

Massey-Harris

Corp

—

Mont

'A'

r--

Aldermac

95%

Dec

Amm Gold

19%

15% Aug

20 »A

Dec

Mines!400.
Anglo. Canadian

13

Dec

8

Jun

13

Montreal

Breweries

—1

Preferred

Car

Niagara

Wire

Weaving

60

5%

300

6'A

100

24'A

20

Mines

Mines—

Mar

Bankfield Cons Mines—,——!

Dec

24%

Montreal-

23

161

12

Apr

24

Dec

Bank

of

25%

125

21%

Oct

26%

Dec

Bank

36 .4

100

35

Dec

39%

Jan

37%

38

165

29

Apr

39

Dec

——„*

15%

15%

25

...*

38'A

39%

2,470

10

Sep

17'A

Oct

52

Base Metals

Bathurst
Class

Feb

35%

Nova

Jan

Bear

Scotia-

—

Car

Ottawa

22%

22%

Aircraft..

4

11%

4

24'A

Sep
Nov

3

Placer

Price

Corp of
Bros

&

Regent
St

Canada
Ltd

Co

Quebec Power

Mills

Class

A

Corp

7

Dec

Blue

6

3

Mar

6

Dec

Sep

11

Jan

Bob jo

Apr

14%

Dec

Bonetal

13

preferred

13

34

preferred

St Lawrence Paper

6
:

34

Shawinigan Water & Power—L

16%
59%

60

Co

of

Canada

common..—

Preferred

Wabasso

Wilsils

15%

Jan

British

American

Jun

43

Jan

British

Dominion

Broulan Porcupine Mines.
Buffalo

Ankerite

Buffalo:;

Jun
Dec

17%

Bunker

14'A. Aug

Hill

3

80c

Apr

3%

Oct

Burlington

2%

85c

Apr

3%

Oct

Caldwell

of

115

Sep

130

15

118 :

Sep

141

;

143

74

125

.—100

Bank of Canada.—

10

fi<

132

132

72

116

Montreal

Royal

128

130

:

Oil

both

i-ddiyd 0

Week's

Thursday
Last

STOCKS—

of Prices

Feb

Sep

188

Jan

Canada

Sep

153%

Jan

Power

6%

Paper.common—_—* 0". 65c

&

preferred

Aluminium

100

;

Permanent

Ltd.

* 4"

common

Bathurst Power & Paper Co Ltd

Beauharnois

Power

Dist.

Brewers &

American

British

Columbia

Canada

&

Oil

Co

Ltd—

Packers

5

5

17%

17%

18%

50

17%

18

470

82%

82'A

.":4-4:4T

0.0 '•/;/'

*

17%

0*

Ltd—

9%

-4 44V 18%

of Vancouver Ltd—5

British

3'A

9%

*'-0.-^;4.4-

■

50c

100

,

4
4

-

600 V

..

Sep

Central

Pat

Can Nor
Canada

P

Corp Ltd 7%

Wire &

Canadian

Sugar Co——*
pfd—
—100
6%% pfd
100
Investments Ltd_.r*

:."4;-.wAi '4

Cable

General

Canadian Industries Ltd class B

107'A 107%

4

6

1

Marconi

Canadian

T/c

Vickers

Co——

75c

75c

25

45c

3%

3%

50

25

25

10

Commercial

Alcohols

Consolidated

Paper

U—.-.

:

44.4;

Ltd

2%

.—*4

Ltd

2%

2%

350

3'A

*

common

Corp

3%

3'A

1,376

2'A

25

Engineering Works Ltd
*
Dominion Oilcloth & Lino Co Ltd—V
Woollens

Dominion
Donnacona

Eastern

*

Paper Co Ltd-

Dairies

Ltd

Aircraft Ltd—.

Fraser

Companies

i

Voting

International Utilities

300

50

.

■

300

Power

&

Paper

McColl-Frontenac
Melchers

Mitchell, Robert
Mtl

$3

Noorduyn
Power

Jan

Collingwood Term common_4——4-

;4A

May

8

Dec

Jan

Prefererd

Coniagas

Coniaurum

:

Consolidated

-0-;

Mines

Nov

►

3%

Davies

Petroleum

Delnite

Dec

25%

Feb

id

Dec

2%

Dec

{

Dec

2

Aug

4%

,,4-44,,4„.

Mines—

Walkerville

26

26'A

19%

19%

20

Apr

13 %

Dec

3%

Mines—;

Dome

;

»

Dominion Coal preferred..
i„■■
Dominion Fabrics common.:.,

i

Dominion

Oct

5c

20c

Nov

4

i

11% Sep

16

__25

Apr

15

Dec

85

Sep

95

5

Stores

Oct

Dec

Eldorado

Apr

Falconbridge Nickel Mines,4_,

Apr

16%

Dec

Fanny

3%

Dec

Fleet

Dec

Ford Co of Canada class <A4—4

$1

Easy Washing Machine

2

Mar

86

73

May

86

36

30

Oct

36

Economic

4

Jan

4

1 Jan

2

•

Nov

-50%

Feb

Steel

Gillies

.

0

Dome
East

Mines

'

'.vv.
'

1:>

*v

5c-

*

Ltd

•

""j

8'Ac

600

42c

42c

2,500

1,000

20

50

1.10

5c

j- ■.

1.20

5c

19%

•'

...

Malartic Mines Limited-

8'Ac

'

1.20

1,100

7'Ac July
21c
2c

Golden

Jan

Great

Oct

2.24

Jan

Bousquet

Lakes

T

Francoeur
Kerr

Gold

Addison

Mines

Gold

Ltd

20c

_

Mines Ltd—_

—

l

■•••

44

100

4.70

200

2.90

Oct

4.70

Great

Dec

1.75

1.75

200

1.00

Oct

2.22

Jan

15c

Oct

41c

Jan

4 22

Gunnar

Jun

6%

Oct

3

Apr

6%

Dec

83

Aug

6%

6%

4

40

2%

8%

8%

105

1.22

1.13

1.25

74,350

4

4

05c

100

8%

700

2%

*

•

21

73c

.

Mar

76C

80c

2,685

32c

3.00

3.15

2,519

21%

21

21%

2C

'

275

2c ' 2%C

,

:4:..v04-t.

3'A

2,496

197/a

19%
7 7'A

15

15

■

,

5:4

1,000

,2C

,

14c

17.600

9c

May

lie

10c

lie

6'Ac

15c

500

15c

Dec

2c

2c

131,600

2c

Dec

::v',». 3C

3%c

8,000

lc

May

1%C

1%C

1 'Ac.

Apr

3'Ac

Jan

-

:

7c

;

6,000

»

500

.

7c

•

1,000

4-3 'Ac

s

4

65,-.

/ 4C

70

11'
3'Ac

14%

"

3%C

3 'Ac

15

12C

6,000

common-.

Mines-*.

1,158

12c

lie

•-V-

Dec

Oct

4'Ac Oct

4

l%c Dec

;

7c

Dec

4

.

2% July

-

——I

Apr

15c

10'Ac

7'Ac July

5'A

.

Jan

11'Ac

Sep

14%

May

4,

oct.

;

Dec

4c

20c

4

J.'A Aug

-

common,,*
0

Saddlery

Nov
Dec

8%

Oct

15c
2c

Dec

20'A
80

44;

NOV

13C

—I

■.

Nov

20%

Aug

210

2%c

14C

1

Dec

3%

J

Apr

2%C

4;".c^0 ^ «; 4

Dec

Dec

2%c

.

Sep
Mar

Jan

Jan

22%

;

1'Ac Apr

61%

Jan

3.60

14% Mar

125
,

Dec

Dec

80c

-

Apr

Dec

2.30

Feb

.442%

85

20

77%

.

4

4,200

3%

19%.

19'A

—50c

—

9

2.25 Aug
15
May

Dec

Dec

2%

v

Oct

80c

—1

90

2% Feb
4;4
21.4 .DeC4'4v
25

:-

5

21

107%

6% Mar

3.15

*

vt p

90

•8%

.

:

6%

V

90

x._l

Paper

Gold

Dec

4

f.;0 8:4

100

Gold——

preferred
West

Dec

Dec

16% Feb
4%c

Feb

13c

Jan

■'

■

Malartic Goldfields

,4

0-

5

Mclntyre-Porcupino Mines Ltd

20c

4.70

■;
-

Jan

7%

'

'

Feb

15%

:

16 V* Apr
103% Mar

515

Dec
Dec

191

Dec

21

v

Sep

5%

1

—44

Grandoro Mines

Dec

V

20

Sep

7%

Jun

107

—*

Mining

Feb

20

10% May
135

Jun

6c

27%

5%

*

;

Mines

Jan

Graham

55c
,

Mar

9»A

5%'

.

1

4,

Mining-,.

Gate

17 %c Jan

Apr

9'A

—

Eagle

Nov

Sep

21

68

.

9c

30c

2'Ac

Jan

Lake-Porcupine
1
Mines Ltd——,4—4—'•

5c

Apr

Jan
Mar

6'A

,1

preferred—
Wares—^

46c

May

10%
73c

39

132

7

July

8%

-

_4——

16%c

Oct

Jun

20%.

8%

Lake

Gold Belt

*

Jan

10%

20

25

—;

Goldale Mines

Gold
«

92c

.18

Class: B,^^!„i-i,_4__-_^——4*

God's

Mines-

Aldermac Copper Corp Ltd
Canadian Malartic Gold Mines LtdCentral Cadillac Gold Mines Ltd

Trust!

Mines—

Aircraft

General

-

Jan

19%

Investment
Gold

:

Gatineau Power 5%

1.30 Dec

Jun

18 Va Mar

19'A

Feb

Oct

20

,4——1.
!_■

Farmer Candy Shops
Federal Kirkland—0,

Dec

4

19

Dec

,

6 0 Dec

470

—20

Eastern Malartic Mines

3%

Feb

_,4——

Dec

86

Nov

Preferred

Apr

3%

preferred..—

cum

:

/

2:-0

6

1.15

Aug

7%

Dom Woollens & Worsteds Ltd com—*

Dec

1.05

Sep
Dec

107% 107%

100

16%

40

Jan

Dec

9%

Dec 4

12'A

12%:

4:.

20%

,•

common—

50c

6%

0, -

—*

—

75c

2

78c

25

4,4;

Jan

48

2.95

-100

Dec

r

Nov

1.50

Jan

7%

—

7Dominion Tar & Chem;

Feb

10%

":

300 'i

142 142%

142

Foundries & Steel com,,—*

Preferred

3% Dec

.

4,—100.

Dominion

1.25

20c.

32'A Aug

125

Feb

0:4

1,000

'

,*

26

13%

2

10 %c 10 %c

10'Ac Jan

Dec

109

300

7% Aug

48

264

6

9 %

1,000

235

1.25

791

122

40c

Feb

H___*

38%

121

3%

11%

Ltd

37%

3%

70c

Worts

37%

:40C.

25c

Brewery Limited

Walker-Gooderham &

43c

3%

12%

-

2,350

4—1

Dominion Steel class B

4

80c

■

61

—1

Dominion Bank

Dec

6%

Sep

60c

j

9%

:.

Dec

135
500

Distillers Corp—-Seagrams common—-,"

Oct

1.75 Mar

6

6

•9%

4

'

2% Dec

5'A

88

6-

4 1.30 Jan

Oct

1.30 July
44 c
Oct

210

0

9%

Smelting—
'Gas (Toronto),--4444444,100;

Consumers

45c,
•

60c

70C

80c

v

0*

4„4,

Consolidated

Dec

July

6

60c

u*

i

Bakeries

Dec

36

3,625

; dA'.Sd

„5

1

70c

—

90c

6%tt

'v4^'0;; C

;

<

4

—

Mines,4

j
-

•

:.

50c

pfd—_100
6% non-cum part 2nd pfd——50
Quebec Tel and Power. Corp A——-*
Sarnia Bridge Co. Ltd B
———*

85c

V

Co

16%

1st

Jun

8%

Plow

70c

Aviation Ltd——:

Corp of Can 6%

Nov

60c

8

20

:

8%

Dec

22,850

25

-0 '

Jun

49'Ac

78c

Mines—

Jan

5

7,200

74c

3%

Feb

46c

Oct

3,079

52c

77c

Gold

Dec

8'A

1

Willans

Dec

4% NoV

8

!

Cochenour

17%. Oct

;

20c

y

15%
12

52c

8%

1

Dec

27

1.65 Jun

13

4.300

Nov

200

20'A

16%

45c

Apr
July

2.40

2'A Mar

16%

41c

9%
3
6V2

■

0,-2.35

50c

preferred—————_—*

cum

35

100

4

2.4Q

16%

4

Dec

;—*

6

*

Dec

28

Chromium Min & Smelt

95

Company—-.*
trust——.*

12

Dec

29

21% Mar

Jan

6

vot

15

3%

8%

Mar

25

15

Feb

00% Def

Sep

4% Mar
22

Oct

93

Ltd

Power.

Refrig & Storage

35

24%

-

Aug

pfd_100
10

28

8

.

60

215

36c

14%

pfd

396

10%

13.200

14%

cum

Jan

7%

'*

pfd——100

Limited

Co

Island

Montreal

6'/c

Oil

Distilleries

22

-68c

14% Mar

16

Apr

51c

85

16'

Co

Massey-Harris Co Ltd 5%

16

11%

—25

Preferred

MacLaren

Jan

65

C8c

1,030
600

30%

3%

—

Jan

Oct

28 %

•28

'00;v:-

Dec

25'A

28.

.

4

67

Dec

60

.7%.

.

28

Dec

93/a

Feb

Chesterville Larder Lake Gold Mines_,l

20

0

19%

Jan

14

Nov

3'A

12c

28

Dec

87-,
130

4 32

Aug

3'A

12c

$ ^ "•

27%

Dec

26

48'A Aug

4c

90c

Apr

1.50

20

60

21

6c

12%

1

B_

2%

25

25'A Mar

1,000

19'A

00-V

19%

Trust——*

class

13

2%

->'p00

*

Ltd

625
44

4% -404

,

13

d d0.00

*

A

;

Ford Motor of Canada

24

2%

4%

{dfi: S'~'

7%

preferred—100
Fairchild Aircraft Limited
—5.00

Fleet

24

2%

24

5

r

;

*

—

25

300
206

21

•

A—_

Denison

Dominion

9

Jan
Dec

5%,

July 4-4:
May.

32

31%.

22c

110% Sep; 4 0
5'A Feb

3.000

Nov

*>

Jan

1.90

4 74 3A

7c

161

6 % Mar

21

10
23

:

1,20

v

Apr
Oct

12c

85

Apr

00'4:

>;40^-.

1

16

Aug 4

12c

108%

Oct

Ltd

cumulative preferred-.—___;_100

35

146

440 94

'0 '

33A

12c

Corp

'

Canadian

-.

11c

79%

125

60

'1

80c

216

90c

20%

Dec

127%

5

.

3,974
;

18%

July

32

Dec

17%

Mar

8

Dec

9Va

9% May

Dec

67Ac

Research

Dec

8'/a

1

Mar

Apr'

5c

14% Dec
l%c

ii

13

148

Mar

Sep
May

lc

_.l

5'A

8

lc

11'A

4

May

148

Jan

2.80 Jan

1,918

24%

10%

j.

Mines-

Chemical

[,'■

r'>/{

i—*

Apr

61c

7y2 May

5%

4

.

1

Central Porcupine Mines

Jan

75

29

a—

■

Dec

97/a

106

July;

Dec.
Jan

Oct

35

9%
1.14

19%

-

4

3y4

13

18

Jan

Nov

Apr

9%

20c 20 %C

27%

—44,!

Apr

Cockshutt
Dominion

Mar

9

75

1.10

;'«,w

2

com

Mine3

Gold

5'A

91c

2,000

'

•

*

Jan

13%

-i'

2

Ltd

Pacific; Ry;

Castle-Trethe wey

Dec

110

5c

1'Ac

9.30

14%

>

21%c

.

18,700

r

14%

9%

% —'

Locomotive

Canadian

Jan

32,825

21%

3C

;.

Co

13

5.200

.4 0

common^—,

Alcohol

Jun

4V2 Mar

3,065

^•0;

4,~

—____

4
-

550

Apr

12 %c

32'Ac Jan

fan

17%

4;-v.;;

Oct

6*6

50c

9

5

:

class

9%

20

4.40

10

19

125

Dredge

Indus

10%

Oct

385

17%;

>4;'04 Cw0-:-

preferred—^

—

Dec

032% Feb

Mar

2,220

1.61

•

1.50

656
'

60
5c

7.50

44c

4

Canadian Malartic Gold-—

Mar

75c

Nov

80

4

High

.-4.

May

3%

307

3'A

*

4

.4,

*

14. 14%

79%.

Cable, class. A

Celanese

Canadian
Can

Range Since January 1

300

7.25

,4^4444—,—_4i,44444_i.

B

Canadian

:,4

500

5%

107 107%

107%

''B'%_*

Corp, Ltd--

70c

5'A

26,720

9

—100

—

Canners

Jan

10c

4'Ac Mar

25,050

24

common

Breweries

Nov

150'A

Oct

10c

Dec

110 Vb

0:

Oct

9

Dec
Jan

-15

Aug

30

Dec

94c

Mar

23

8cio%c

.—

&

5

25

1.55

w

Mortgage——

Steamship

Preferred

44, Low

65c

04

5%

■

123

10%

'

'

Canadian Car & Foundry common

High

76

111

9c

9%

4

4-Preferred -^-4,4-^-44——

Can

Canadian

Low

100

9,116

29

10%

A——,

Apr

Jin Class

Shares

\V

110

5%

.Canada Packers

3 Va

Feb

12'Ac

:

6V2 Aug

9%c

1%C

,

class

Dec

145

Jan

14'A

Oct

15

Jun

9%c Jan

Oct

110.

common

150

for Week

Range

Sale Price

Par

Abitibi

Sales

pfd

152 r-

4

inclusive, compiled from official sales lists

:;4.4;-4|;

1.50

21/ic

14'A

Ltd

Foundry

255

Sep

46V2C

Feb

274'A

Aug

1,700

Jan

•

2nd

Calmont

Montreal Curb Market
1

5c

12

•••.; 188

Nov

10'A

-

5%c Jan

40

Oct

/

36,350

140 141'A

v

_

Mills

Oct

65C

46c

Calgary & Edmonton Corp Ltd.

.Canadian

Jan.

44.04

1.50

08'Ac

—

Dec

Class. B

to

63

55c

.

0

Dec

15

-

Dec

Canadian

26

2,000

14

-4,4

,Sep-4

212

7 Vac

1.50

17%

Steel

Linen

Canada Wire

Dec.

200

^

v

1.60

Extension—

13

Oct

100

Commerce-

10

3c

2'Ac

225

228

10 %C 11 VaC

21

22

5% Mar

100

Bank

of

125

5

:

Building Products Ltd--

Dec

128

(Banque Nationale) —100

Bank

25

.

13%-;

5c

70
50

Canada

Canadian

5,425

8,600

142

4c
142

14%

Canadian—

Nov

July

10%

Dec

:

^'0'.;

Ltd—

Mines

65

Banks-

Canadienne

Gold

35

13

"i

Oil———

Dec
Jun

67

20

9'Ac

9'Ac
4'%C

8c

.

29,

,

17

17%

13

common.

Jan

7.50

,

63%

Feb
Mar

Canada Cement

>

Oil

49%

20

Ltd

Oct

2%

—

1.47

'

2%

B

Oct

00, -4

Ltd—,——

67

...—

Preferred

Zellers

Mines,

17%

•—

Winnipeg Electric class A
Class

Bralorne

49%

.

Cotton

Ltd—

75c

46c

64c

Brazilian Traction Light & Pwr com—
Brew & Dist

12%

6,841

10c

Dec

58

1.40

9 V«c

Jan

24'A

1.32

1

6

i

Jun

Mines-,——1

2

■

.

4

-

Ltd

Gold

Mar

3.

8%

;

17

Steel

Mines

1.00 Aug

■

2c

1.50

—-

11

r

Feb

11 %C

preferred————-—50
Blue Top preferred-—10

9'A
6

1'Ac

Ribbon

13%

1.80

2,500

110

Jun

1.75

l%c

9'/2C

5

5%

common.

Jan

l%c

•

141'A

9'A

common..

4'Ac

100

7

Dec

Jun

May

7c

*

Bell Telephone of Canada—

Sep

Dec

lc

2c

j—100

;

Dec

13%

common-

———

Knitting

Lawrence

preferred

7

81

6

Development

Power

2nd

Jan

May

52

16 Vic Mar

Oct

34c

Bldgood Kirkland Gold——1——_,1

4'A Mar

4

:

I

.

'Ac

700

13%

o'i\

79

7

Dec

1.000

','J'

81

"

7

81

-

2 '/a

2%c

>

.228-

-1

6%

Power

Preferred

1,000

"

'

Ottawa L H &

/. 23,781

lc

,4 V, 225V

Beatty Bros class A————

Dec

Dec
Jan

Nov

46c

-r-00-

Beattie Gold Mines————1

Ogilvie Flour Mills common

Sep

:-.0>v

9%C

lc,

*

Radium

Apr

7c

85c

7

2%c

0'^

*

&

-

4%c

—

-

Exploration

21 Vb

Sep
Nov

3 Vg

4

My

,——100

Mining Corp Ltd& Paper class A

690

7C

———100

Pow

B

0;

100

of Toronto-:

4

75c

48; ;v 52

-,

1.36

1

Bagamac

150

/-

nr:' i ^,4

•

1

Bank

High

175

45c

0" .4

,__1

Dec

•

2

.'

j*'"'y*'

Dec

Low

5%
2%

T

.!4- ,0

48

9%c

1

Ltd

5 %

■

0^"* 4

'

•

:•*

6%

of

"

v='

Vi:0.1:':

5%

2% Apr
2% May

1,044

Gold

Aunor

Dec

—_

-^iV,

600

'

100

——

Mines

36

•

Noranda Mines Ltd

65

Quebec

Corp„_

23

25

Corp

24%

Dec

Copper

25%

»

—„—.

Steel

50

6'A

100
common.-—

National

65

,5%

•

Tramways

National

65

Range Since January 1

80c

70c

v,;

*

Ashley Gold Mining—

;

•

Shares

Hwh

Low

-4'

100

_4—

■

Dec

Jun

6

;0p,;0.v'*

Par

common-

Aug

*

Light Heat & Power Cons_

Grain

2

*

i

4

—

13

•

•

preferred—-100
——

—

19'A

*

Oil

McColl-Frontcnac

*1

Paper common..._.-»

Pacific

Astoria

MacKinnon

&

preferred

Preferred

Dec

17%

Sales
for Week

of Prices

1

'4.-V'0:

Abitibi

87

6

Week's
Range j

Sale Price

95%

6

'•;;;*

inclusive, compiled from official sales lists
Last

7

Apr

both

1

Thursday

12

Apr

29

Jan.

STOCKS-

95%

4.

100

Lake of the Woods common-————0

Lang,

33%

32%

0

common--

-—

6'A

26 to

Dec.

28%

7% Mar

7

Exchange

Jan

14

100

Sep .:0

93%

545

5%

■V

Imperial

Unlisted

for Week

.*■

of Prices

-4

■

\

Preferred

Range

Sale Price

Listed and

-

Sales

Week's

Thursday
STOCKS—

-

Monday, January 4, 1943

46%,

46%

400

57c

.4

57c

3,225

33%

Oct

45

Oct

75c

Lime

&

Alabastine—„•

Halliwell Gold Mines--

Dec

36c

Gypsum

Feb

_i

- .-

.*

ec

.

■- -.-

.

i':0

v.-.5 •;
5c

2.25

4%.

50c

.-•i. %c

Oct-

Dec

6 'A c

Jun

1.30

4%

-45c

51,000
.4,.400

-

6C

2.25

5'A

Dec

•

O'Brien Gold

Ltd

Nickel

Ontario
San

Mines

Antonio

10'Ac

9'Ac

.

.1

Sigma

Mines

Mines

(Quebec)

Ltd

—1

Ltd--

■'-A

j

0
I'

4"

;

•

.

4

^00'

Siscoe Gold Mines Ltd—— -Al

38c

AA

28c

Sladen-Malartic
Sullivan

Mines

Consolidated

Ltd

Mines

17,800

9 %c

Dec

13 %C

Dec

1.85

300

1.30

Oct

1.85

Dec

Hard

1'Ac

500

65c

65c

5.40

5.50

300

38c 38 %C

4,800

Calgary & Edmonton Corporation Ltd.*
Oil

Co

Ltd..—_—4——...»

Royalite Oil Company
For

*

footnotes

see

Limited—*
page




36

—

—

—

—

Aug

87c

Jan

Hedley

Dec

Hollinger Consolidated Gold Mines—5

4.15 May

5.50

25c

Oct

49c

Home

Jan

1,500

15c

Oct

31c

38c

Oct

65c

Jan

2.52

Oct

2.68

Jan

1.85

4''

1.14

1.14

500

95c

July

25c

25c

300

15c

Apr

2.60

2.67

875

22

25

2.05 Julv

16% Aug

Oil

Howey, Gold

Feu

22

Dec

"

,1

Mines

•

2%c
'4 4'S0W.4.4.U

t"<8;45-

3'Ac

36c

36 c

.8.45: 8.85

common
—

A

1

2%c
.

4 44 500 v,
1,830

2%C

3'Ac

7,000

22

160

18 %C
28'A

28

28%

158

158

160

11%

11%

12

11

11%

11'A
—

14 %c 18%'C

27c
11

28c
11

4-

2,660
1,170
4':-.rV\

9

2,177
385

1,000
145

2%

-

Jun

.

3.00 Maar

5'A

Dec

Oct

55c

Oct

4 %c

20c
;

26c
1'Ac

..

3,500

5.750

•

100

14.700

2.69

100

_•

,4

.

.2.60

»

Metal

130
*

21%

2.60

1

Oil

Preferred

4_: i

50C

V*

Imperial Tobacco of Canada ordinary.5
Inspiration Min & Dev
1
International

-

'

1

*

—

Imperial

2.70

—r4
Oil & Gas.—.4..:

Hudson Bay Mining &
Smelting
Imperial Bank of Canada

'4 4

Dec

—4—

Honey Dew Ltd—

1.15 Dec
25c

4

Mascot Gold——j—_.

Homestead

Jan

600

Mines

2.40

_i

60c

28c

22

...

Dec

4.\.

Dalhousie Oil Co Ltd——;

Mines

1'Ac

63c

100

Gold

July

2.52

A *

Rock

Harker Gold

27c

Oils—

Home

400-

•

lc

61c

Ltd-

Wright Hargreaves Mines Ltd-

.

11c

1.83
1'Ac

Gold Mines Ltd—

Shawkey Gold Mining Co Ltd
Sherritt-Gordon

Mines- Lt4—44r—44,4.^4,—1
Hamilton Bridge ;
—___t*

Hailnor

Oct

36c

Dep

10.50

Jan

5.75

Oct

2.07 July
2c

.

2.70

Jan

Jun

Feb

Nov

6'Ac Apr

16

Jan

22

12c

Oct

21%

Apr

145

Oct

Dec

20c

Jan

28%

Dec

204

.7% Mar

12

9'A jun

12

12c

Oct

5

Aug

86

Oct

'A Jan

31c

May

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

157-

Last

Range

Sate Price

STOCKS—

of Prices

Par

Nickel

International
Preferred

Jack

Waite

.**

17V#

_*_1

Ui

'—1

—

.—1

International

.12c

Petroleum————;

Mining—**

***.-i

Jacola Mines Ltd—**—*_',
Mines

Jason

Kelvinator

Canada

of

Kerr-Addison

Kirkland

Gold

Mines

Hudson,. Bay

Lake

Shore

Mines

;

Laura

Secord

Lebel

Gold

Little

—*

B„

Macassa

—

62c

*

86c

_*

20%

'•

A___—-

19
2.33

—

1

_

Lake

Red

Madsen

Malartic
Manitoba

1

Mines—

1.59
70c

-%c

Preferred

L

—-

—

Preferred

1

_

McKenzie

Lake

Red

Gold

McLellan

Graham

McVittie

McWatters

Mercury Mills
Mining Corp of
MonetU

Moore

Mines——

Corp

Heat

&

Pamour

Mai

Mines of

Gold

3%
1.15
27c
24
44
6

11%
37%
6%c
45c
1.00
38%
3c
74c

'

.

Gold

71c

Jan

%c

Dec

4%
J.

10%

Apr

33

Fireman's Fd of S Fran new__10

72%

75%

Dec

Firemen's

5

9%

10%

Dec

May

24%
7

28

23c

V 50c

Jun

36

25c

Jan

20c

Feb

6%c

16c

85c

31 %c Oct
2c

Aug
Nov

2c

1,800

Oct

98c

Oct

4%

3

.1.63

1.79

30c
30c
2%c 2%c
132
133
21% 21%
l%c
2c

200
3,000
;
28
50
>'/;. 1,500

Mines——1

66c

90

86

—

com*..*

>

—

4

4%

common

*

.

Contact

—.i_.I--.v-.

Mines—„

Mines, Ltd—****.—-1

Sylvamite Gold

Teck-Hughes Gold Mines
Toburn Gold Minps—
Toronto

Elevators
General

Toronto

*—■

i

(

% 1.90
56c

preferred...——.50

Trusts.

Union Gas

Co

of

100 ;

l?c

Class

B

Dec

Sep

65

May

25

'•*, 90

Upper Canada Mines Ltd

Jan

Apr

6c

Oct

1.40

4%

Mar,

63%

Nov

70%

87c

Jun

1.96

•

Walker-Gooderham

Preferred

& Worts

Canada

Flour

Preferred—
Westerns• Ltd

Mills

Preferred

Mines

>

preferred—
Wright-Hargreaves Mines
Gold

Ymir-Yankee
TBotids-r'

War

'

■

'/••

2c

2c

:
.

Mngi.8%c

70
2.60

7c

99%

...

,

9%c V
.•

-

.

3
20

70
2.40

\.
3s_———1949-52 >

2nd

Loan

5%

.

7

7

.

Toronto Stock

-

Dec. 26 to Jan. 1

7

Oct

41c

STOCKS—

*

Dividend

25c

Shares

—1

Fund—*

Balanced

Fund-*-.—**—*—1

Stock

Beath

Bruck

Son

&

class

A_*

Inc..—.
•
Financial Industrial Fund, Inc.
First Mutual Trust Fund—*-B

14.18

15.27

1.45
x4.49
7.66
3.10
16.11
3.84
3.54

1.59
5.02

Mar

7; > 3% JuiV
Dec

7

5.00

Sep

50

Apr

Shares A—1

2

Inc

Invest

Fundamental Trust Shares A—2

Jan

22c

Fundamental

Jan

21

Trust

Foundation

Jun

Apr

—10

Fixed Trust Shares A

f.'.'i 1.24 Jan

1 :i /Sep

3

40

•

—

3'/#

Dec

/

Agricultural
Automobile

Jan

Aviation

Jan

*

Consolidated Paper Corp
*
Consolidated Sand preferred..

3%

•

100
Corrugated Paper Box preferred—7100 7

Dalhousie
Dominion

Oil

Lake

Pawnee
Pend

100

Jun

■

25%c27%C

5

23

23

12c

15c

lc

lc

500

.1

Mines

HO

1.04

1.10

2,935

4%c

4%c

2,000

l

—

see

page




36

"

—

15c

__

24%

25

1

1.83

Series 1958

Plymouth Fund Inc

1.73

10c

34c

39c

1

11.29

12.07

—lOo

4.20

4.95

1

2.88

3.24

.*♦

77.57

79.13

7.40

8.08

Fund—*

Quarterly Inc Shares

,

-

—

Scudder, Stevens & Clark
>

Inc.—

Fund,

6.34

Selected

Amer Shares

5.78

Selected

Income

Shares

.1

6.04

Sovereign Investors.***

7.49

Spencer Trask Fund,

3.83

State

6.17
3.92

1
*
*
1

5.29
12.11
62.65
1.98

4.37

1

1.86

4.88
5.36

4.43
4,87

—*-

shares

2.54

2.81

2.68

2.96
4.07

Equipment shares—

Utility

5.37
4.42

——

Petroleum shares—

shares

,

5.26

3.96

*

3.69
3,19

*—*—

shares—.

-—

shares.

2.54

—

8

Dec

A Huron

Holding Corp

5%

,

3.52

2.81

*

Investment

St

2%

Corp

Super Corp of Amer AA

3.40

5"88
12.87
67.32

Trustee Stand Invest Shs—
ASeries

C

ASeries

D

Trustee

*

—1

Stand Oil

1.79

Shares—

ASeries A

—1

ASeries B

*1

4.74
5.04

Trusteed Amer Bank Shs—
Class

25c

B

Trusteed

Industry Shares

25c

34c

64c

72C

Dec

Income

Foundation

Jan

—10c
Incorporated Investors
5
Independence Trust Shares
•

3%

81%
69

27 %c
25

Feb

Apr

...1

U S El Lt & Pwr Shares A

Institutional

Securities

^

B

10.85

Dec

Bank Group

:1c

Dec

Insurance Group shares

1.75

Jan

Co

of America—10

Investors Fund C

—

.1

.

11.90

70c
xl.02

shares
shares..—

Dec

15c

Investment

—

17.21
5.9U

11%
1.24

1

13.26

14.62

Ltd—

Aviation Group

4%c Dec

C

Wellington Fund

Dec
Jun

B

Series

1.23
14.64
1.87

*

5.45

1.35
15.74
2.12

Series

Common

22.43

15.73

18c

Fund Inc

23

..

10c

20.57

United Bond Fund series A

Dec

1.50

Mar

%c Dec
85c Aug
3c July

(Geo)

Putnam

High

■"

Feb
Mar " '
Aug
Aug
Mar
15c July
20'% Oct
19% July
2c
Sep

2,500

lc

..100
1

7

footnotes

3%
80
65

2.14

5.61
3.55

Equipment

RR

Range Since January 1

3

2.18

*

6.81

7

shares

Railroad

4%
1.00
1.55
75
50

100
225
705
7 50

.

4

*

Mines

Temiskaming Mining

3%
80
65

•

*

1
1

*

5.51

—'

.7 General bond shares—
Investing
*-*,—

;

.

Low:

30
10
23,000

„

Kirk

Oreille

For

__

Bridge

Langley's Ltd preferred
Osisko

.

>

Co...*

5V2

1.50

—*•
1

1956

5.25

shares

shares

Chemical

Dec

Tobacco

-.5

8

5%
1.10

5%

—*

1953-***.
1955

5.48

37 %

shares

4.01

Building shares.*—

9%c

Apr

99% July

~

Amer Trust

3.86
4.95

3.47

Oct

2.90

Oct

4.88

shares..

22
-

Electrical

J

*****

Republic Invest Fund—

80

May

7 Sep

"

8.84

4.49
4.97

Group Securities—

2%c Dec

Apr

6

67

2%C

6.27

9.96

3.49

*.*

Series

6.97

8.04

—

Steel

Series

6.86

4.28

Dec

;.f 9 % July
iy4c Sep

Sales

"

27.97

3.97

General Investors Trust

Food shares

High

..

26:01

Capital Corp..——•
1

General

Dec

12

B

Dec

Mar

1.80

*

5.85
8.64

6.33

*

******,—

...

5.31
6.23
9.06

Dec

i Mar

75c

stock

Series

3.60
17.65
4.63

7.52

5.69

Oils

North

9.51

7.85

,

.

No Amer Bond Trust ctfs

Fidelity Fund

5.01

8.65
6.83

stock

Railroad equipment

Dec

7.89

4.54

*%

Railroad

Jan

4V2

7.17

*

17.17
10.28

6%

10.98

Inc—

...

16.16
7 9.68

:10%

5.85

10.18

Metals

22%

7 74.80

18

Shares

8

*

Silk

Copper Co

(.

5.34

x5.28
1

—

Insurance

>

3.87

x4.84

Electrical equipment

1.11

6.28

X3.48
*

Chemical

& Howard-

1.12

X5.70

—.

Fund

'/ Machinery
Eaton

5.62

Building supply

> 21%

36

England

Bank

■

5.20

Equity Corp $3 conv pfd—*—1

for Week

Low

17.16

4.60
1.01

—2.50

—

2.92
1.02
5.20

__l

Automobile

2.95

1

D

9.12

series—

Agriculture

.

24.48

:

8c;

15.87

—1

8.82

priced bond series

New York Stocks

—

■

x3.87

22.77

Apr

r

111

8.20

Preferred stock series..*

iMass)_8

Nov

18%

of Prices

Sale Price
Par

Coast

x25%

•

C

Steel

-

__

Low

16.89
x8.34

—•
25o

series.^

Income

7.58

3.45
18.16

Securities—

series B shares

Bond

6.89

10

Inc

voting shares—

(Md)

31.90

2.90

Fund—1

National Investors Corp.
National Security Series—

New

100

2d

:

1

Trust—
Fund

Invest

Nation-Wide

26%

Equitable Invest Corp

3.00

$2,000

Week's

Investors

Diversified Trustee Shares—

Feb

;,3.00
40

Range

Last

Investors

Mutual

.,.

117%

Mining shares..

Thursday

10c

•;

2.23
V 24%

10

shares

B

preferred

Delaware Fund

Nov

Exchange-Curb Section

7

-

9.64
2180
142
3.49
3.79
28 %
30%

Dec

2% Mar

both inclusive, compiled from official sales lists

-7

•

*_10o

Mass

8.91

100

Merchandise shares.—

:

—

Common

Mass

2.90

.

Maryland Fund Inc

3.30
26.37

Aviation

'

99%

Sayles Sec Fund—10

Jan

July

2% Mar

2,500
445
i
55
10
5,618
13,500

77.70

Sayles Mut Fund——*

Loomis

8c

Dec

29

198

76.15
31.26

Loomis

22.50
12.66

13c

7

4%. Aug

3,200

21c

20

__

100
—2.55

;

76

/Apr

375

2%>'?%:.v-v'

2%

__

——.100

(Alex)

58

Sep

lc

220

■

;

5.87

Feb

May

:8c

40J
173
11%..12'-100

11 %

_*

i
,

5.33

Knickerbocker

Insurance—

Forster

A7%

J.an

1.10

July

V

37 r

1

——

2%

40

Winnipeg Electric class A—__—__■*
Wood

20%c

com...*

common——

Wiltsey-Coghlan

19%

.

48

19

....—100 /

—

47%

.

Wendigo Gold Mines—lr ; 20%c
Western

2.34

63

13.105
2,070
3,397 f

3.35

8.39

Fund—_*.**.

5c
.**7 ;
14.39

137

common—10

preferred—^

&

ACommon

Jan

45

70
435

,

Forster

&

Cumulative Trust Shares

Jan

Oct

12.37
11.57

.*

A8%

Jun

3c

1.98

Oct

1.18

240

.

94c
4.40

3.25

,

v

—*

1.70

Oct

45c

100

3%

83c

3.35

com

.

Oct

11.20
10.52

1-86

Crum

13%cMar

Oct

98c

' 2,415

4%

4.30

4.40

*

Ltd.^

7c

1.05

l%e Mar

14.03

*—*

S-3—_*—7.62
S-4
X2.60

Jan

Sep

8.37

12.82

S-2

2.23

Series ACC

ACrum

Jan

3

16.15

*—

—

Series

mod-*——_**—1
mod
—1

Series AA

Jun

65

24.78

7.63

^

B-4——*

Series

Accumulative series——*—1

Dec

57

955

Ask

29.62

'

--

77

Dec

4%

Bid

3%

1.86

Dec

7 f>; 7%

32'/2

K-2—

...

B-3

(Colo)

Jan

Mar

4

:

Series

1.96

Jan

lc

3%

.

92c

.1

—

Mines,

■

—

...

K-l

-1

AA—...

Series

Dec

49c

34c

4

32

..

.

•

5%

Series

Corporate Trust Shares—...1

Jan

Oct

B-2—

;

4c
2.97
13.38

Consol Investment Trust..*—1

25c V Oct

13 %c

Series

Dec

l%c Mar
97c

—

Series

2080

100

Preferred

17

40c

6

32%

27.01
22.58
xl4.67

Par "

B-l_

Series

11.00

.

—1

Securities com—100

Christiana

20c

;

July

310
-40

6

6

83%
7

Keystone Custodian Funds—
Series

,7

2.70
24.52

Fund Ltd—7*1
—•

Jan

1,600

6%-,r 6% te-v.

.50

—

Waite-Amulet

_

30%

>-

1

Commonwealth Invest——1

2.05
v

Mar

lc

5

Fund

Chemical

Jan

Dec

.

.-i.i.i.®

United Steel

Ventures, Ltd,

.

'

"B'!-;

United Fuel Invest class A
/

%

Canada

class

Corp

,

..

Towagmac Ejcploratioif..
...i*.l
jLJchi .Gold Mines;..........
.1
United

1.45

1

1

*—.*—

*2.50

.>%>>;;% ;,V

'

•

Sud

49%

79%

Manhattan Bond Fund Inc—

Jan

4c

Oct

57c

105'

31%

47%

20.81
11-54

• /

Century Shares Trust

7

>%>•

29%

4

10

Fidelity & Guaranty Co..2
Guarantee.—

Westchester Fire—*.

;!.

420

2%

Ltd.**——*—1

Fund

Bullock

Canadian Inv

1.30

61-

U S

U S Fire .7

U S

58%

410

,—100

*

—

11.40

4%

v

preferred——**

A6%

Dec

7; 22

12% Mar

67 67%
80
1.64
1.70
30,310
12c
12c
2,000
1.45
1.45 ■ %,.
150
2%c 2%c
1,500
1.40
1.45
1.055
1.77 = ;'1.90
5.92555c,:> 56c
;
2,300
49% 49%
6
6868
13
13c
13c
1
200
8c
8c , v
4,100

Travelers

56%

10

Series

Jan

2%c

59%%

—

.

124 %

Standard Accident

Jan

4

.

__

—

120%

2.36

10.23

1

—-1

7*—

3c

2c

—.25.;/
< V
Steeja Rock Iron ^ines....—1.69
Sturgeon River Gold.:
—'—..I
' — , '
Sudbury Basin Mines..—...—
Preferred

.

37%

Springfield Fire & Marine—25

2.77

10.41

Shares—2

Oil

Stand

ACommon

Dec

1.10

-

*.

,

*

42%

.35%

16%

15 %
2.53

Bankers Nat Investing—

Jan

7

2%c

——__1

—

44%

10

——10

New Haven;

Security

Ask

x2.15

Apr
v.

7 155

9c

Assoc

Axe-Houghton Fund Inc.—.

Jan

3.20

7

Sep

7'

...1%

Corp.—10

39c;

Apr

Sep

:,

268

258

St Paul Fire & Marine.*—62%
Seaboard Surety.

6.52

7;

6.00

Foreign Investing.lOc

American

4% Feb

Nov

1.15

Holding

Broad Street Invest Co Inc

1 %c July

9,000

;,

1

Jan

16

6,100

28c

71%

Jan

115

105

39c

25c

'

90

38c

.

—/>://

——_1

8c
1 %c

'7,678

66c

:

.

57c

Oct

97c

7,250

64c

69%

10

Jan

Aug

lc

14%

7

5
Basic Industry Shares**—*.10
Boston Fund Inc.—
—-5

Oct

30c

19,826
60
1,000

29%

13%

2.20

1,825

2,525
; 210
15,100

20c
17
lc

27 %

..10

Fire

2.35

Oct

1.00

3,500

56c
4%

18c

44%

aAmerex

1.35 Jan

1.75

16%

93

41%

American Business Shares——1

May

7; 23c

Nov

41c

1.25

,

90

——10

Affiliated Fund Inc

Dec

4c

%c

•

54c

20c

24%

Aeronautical Securities—

4%c Dec

2'/8C May

12c-

1.91

23%

•7%^7v/iv7'7;:77;;"y;,/7>Par 777 Bid

Jan

14c

9.900

1.80

———10

Fire

21%

■

113

Oct

5c

1.10

1.90

27%

Insur Co of North America

Jan

38c

K->ep

103% Dec

.

26%

Home'———5

Jan

1.60

—

Jan

90c

Sep

..

1

...5

....

25%

20%

4c 7. Apr

2V8c Aug
60c

1.20

;

8%

—

5%

24%

10

(NY)_*_*.__2

Jan

52

7 Oct

1.75

1.74

16%
38%

7%

American—

4%

10

Corp

(Texas) ——
(Paul) Fire

1.04 Jan

1
1

14%
33%

31%

Jan

85c

90c

,

86
v

Jan

Oct

Oct

90c

40%

83
Xl3

39% Dec

Jun

6%c NoV
25c

200

38%

—.10
*.*..10
*7*.5

Dec

Oct

23c

15%

Homestead

Jun

11%

99

Revere

Jan

Sep

87%

95

__25

.....*—.....

Reinsurance

28%

36%

Hartford

Dec

45

Indemnity Co

3%

83%

*.*..12.50

Fire——,

44%

5

&

Hartford Steamboiler Inspect._10

29%c Jun

19% Mar

7

—5

Fire

Hanover

Jan

20c

3

Preferred Accident—

Marine—__10

Great

Dec

4%

23%

5

—...

„—

Providence-Washington —10

Globe & Republic

Jun

1.40

22

Phoenix

Glens Falls Fire.

Gibraltar

Dec

14c

16c

27J/#
42%

5

Fire—*—.

General Reinsurance Corp.—5

Jan

Oct

12%

2.50

River..:

5

Republic

Franklin

Dec

1.04 Jan

100
514
36,100
500
290
2,576
1,000
2,462

2c

Newark—

of

Dec

Mar

11%

Fire.———

Pacific

Dec

3c

42 %

York

Pacific

54%

47%

Oct

30%

40%

Casualty..:

Northern

37

39%

5%

23 %

Hampshire Fire**—*10

Northeastern

29%

35

52%

39

14,500
4,100
>
500
1,000

27%,

37%

6%

Jun

4l/2c4%c

16%

..10

21%
28%

North

20%

10

85c

11,100
78,900

—:—1

& Materials

Connecticut General Life

18%

7,15%

Continental Casualty...——5

'

25

-

10

Jun

36c

5

10

—

Fire Assn of Phlla—*;

95 .'■

Oct

'7: 2

Fire

City of New York—.

Federal

..

Jun

1

Mines...

Camden

2

..*..*.10

New

537

517

Dec

15

-

2% May
74

—.

Dec

■*■■■

Apr

162

157

20

_■*,

Brunswick—

New

71%

3'/aC

.

Fire

Union

Amsterdam

New

7%,

11

.

Apr v:/.

2 %

Dec

2.22

Oct

8%

58c
2%c

i

Canada

Co of

Jan

34c

83c

Standard .Radio
Steel

1.68

3,000

89c

Mines

Paving

Oct

48,460

i

C.

Sladen-Malartic Mines

Lake

Jan

23c

—1 >>

"Preferred'.-—

2.85

63c

57c
2%c

Simpsons Ltd'preferred...*.—.—100

Standard

Oct

4%

45c
1.00
39%
3c
76c

36c

20c

Ltd—,
_——1
& Power
*
Shawkey Gold Mining—.————...I

Slave

.100

l%c

7%c
14c
9%cll%c

—

Water

Gold

Boston

"

2c ">■% 2c

v

Senator Rouyn,

Slscoe

Jan

%c Nov

103% 1-03%

**>

1

—i

Gold

23%

19c

36c

—50

Gold Mines Ltd——1

Sherritt-Gordon

Sep

30c Mar

N Y__.

Fire

New

-25

•'

Mfrs

&

t

Bankers & Shippers......

^V,;425

11%
39
7%c

68%

Merch

National Fire

54

x6%

1.37

140
3,610
1,100 (
162
435

.

52

.2%

Jan

55c

"_*■'
63c

—
..1
30c
Gold Mines
...1
__
Royal Bank of Canada
—-.100
Roy a lite Oil ••—*.
—...
* %>•>St Anthony Gold /Mines———
1 •
2c

Shawinigan

6%

6

Roche Long Lac

Antonio

4
1.24
28c
24%
44Va

__

1.24
27c
24

Qucenston Gold Mines

San

12c

10%

-25

25%

,.

17%

11%

Nov

12c

7%c

16

•;

Apr

Mines—

Dome

East

National

6%c

*—1

Pressed Metals of America.,
Preston

Surety

2,000
4,750

1

B

"American

7%c Dec

*

Mining

7%

Oct

—1

Mines

Gold

Gold

Pioneer

6%

3c

Mines...*——

Pickle-Crow

Premier

Reserve.*..—

National Liberty...—**—;*_2

Oct

—%**—......l

Gold

•

6%
56%

-10

lc

__4

Paymaster Cons Mines Ltd—
Perron

5%
54 %

American

54,240

Gold

Cadillac

4

—10

Jan

2c

——

Partanen

14%

,48%

lV#c

..

Debenture...;

Pandora

13%
46%

Dec

6

13c
Nickel Corp
*
„*1 %10%c
Oils Ltd.,
*
4%c
Porcupine Mines Ltd..———*
58c

Pacalta

5

-10

Dec

2,000
1.654
915

45%

-2%

l%c

1.00

68%

...

Jan

7

4

65%

42%

*.5

Re-Insurance..

Equitable

1.35

82c

Fire Assur

Merchant

7%

American

62c

3%c
5%

10c

3%

American of Newark—...

17%

25
3,720
15,025

7%c

6%

American

Oct

19

493
15

—.5

Knickerbocker

Maryland

Jan

Baltimore American—

60c

51%

Jan

Oct

1% Mar

_*

Alliance—.

49%

10 %

3% May

12c

....

32

Jan

Oct

75

Gold Mines——_.._1

Ontario

%c

Life

Jersey Insurance of N Y._

8c

■

6% Mar
38c

-10

....

137%

4.15

Oct

>>—>

:*

Mines

&

3c

200

___*

Mines.

.2

12

Oct

2.80

43c

_

Loan

Oct

6.35

1,800

__

Oils

21%

15,150

****_—,

Omega

19%

80c

—

Ontario

-10

94%

—

Okalta

American

47%

—1*
National Steel Car Corp
—„—38%
Naybob Gold Mines—
.„1
6%c
Negus Mines—
1
Nipissing Mines
-.5
—
Noranda Mines
•
39%
Norgold Mines.1
■ >
Normetal Mining Corp Ltd—
***«•'
76c
Canada

July

94

Power.——*

common

Gold

59c

46

National Sewer Pipe class A

O'Brien

Oct

.

72c

*
»
*—1

Natl Grocers common:

Northern

31c

29%

Casualty—
1
Massachusetts Bonding—12 %

69%

20

29%

66%

80c

*

Canada.———

Light

28

-25

47%

—1

:___

Porcupine Mines

Montreal

-.10

Agricultural

.1

■

_——__1

Mines

Gold

Aetna

Jan

4.85

5

Mines

Mines

Feb

62c

Oct

4%

.100

—

Porcupine Mines—

Mclntyre

Dec

25c

Oct

-.10

Ask

Bid

Par

142%

Oct

2.85

90

15

Companies

Ask

31c

10%

*

Bid

17 %c

3%c
5%
14%

—

McColl Frontenac Oil common

Dec

6

•

—

Oct

9%

4%

—20

common

Insurance
Par

Jan

10%

Mainlgo Mines Ltd.%_-——
Massey-Harris

29 %c

Aetna Casual & Surety...
Aetna
;

1,000

%c

—

*

■_*_—_*

Dec
Jan

l%c Feb

,

Oct

6%

37,500

'

—

common——-*

Milling

Preferred

17%
20c

Sep

8c

47,000

1.85

Mar

%c July

1,500

1.69

Quotations for Thursday Dec. 31

V* Jan

11 % Mar

11,300
5,330

—„)1.80

Eastern—-—-———— 4

&

Leaf

Maple

Gold

Fields—

Gold

...

1

MacLeod-Cockshutt Gold Mines

lc

36
154

3%c

1,075
650
4,200
115

.

60c
62c
80c
86c
20% 20%
19- ? 19
2.20
2.35
1.50
1.62
65c
71c

_*

—1

Ltd

Mines,

.

1

class

Groceterias

Class

—

,-3

:..

Ltd—;

Long Lac Gold Mines Ltd

Loblaw

20c
60c
51c
10%
3.65
5%c
9%

lc

<;

.1

;

Shops

Candy

Mines,

4.85

19%c
58c
47c
10%
3.50
5c

9%

1

—

Mines

Mines

Oro

Leitch

4.70

19%C
60c
50c
10%

Ltd—_'__**_—1

Gold

9%

4.85

1

—___1

Ltd

Mines,

Cadillac

1

_*

Mines——*

Lamaque Gold Mines
Lapa

9 %

*

Kirkland Lake Gold Mining

Luke .Dufault

12c ',12c

Apr
May

152

100
2,004
5,000
1,018
1,005
10
22,055
2,750
1,550
/'• 9,600

OVER-THE-COUNTER MARKETS

Range Since January 1
High
Low

29%

2,007

1 6c
%c

6°
%c

,

,

32%''33%
153
153
16% 17%

33

_100

_

High

Low

*

common—

—

Sales
for Week
Shares

Week's

Thursday
'

78c
1.12

17.78

19.32

ABlair

&

9.45

AFirst

Boston

9.25

Investment Banking

Corporations
Co

-—1
Corp..—****10

48c

65c

11%

13%

rHR

£6

COMMERCIAL

& FINANCIAL CHRONICLE

Monday, January 4, 1943

OVER-THE-COUNTER MARKETS
I

Quotations for Thursday Dec. 31

'•

Quotations For Recent Bond Issues

Specialist Since 1903

Bid

Insurance Stocks

Bank Stocks

3%s, 1971
Empire Gas & Fuel 3%s, 1962—

Hartford and New Haven

Private Telephone to

Lukens Steel

43As 1952..^

Macy

(R H)

2V2S 1952—

Penn

Electric

-•

33/a.s,

Ask

103%

104%

91%

Cent 111 Pub Serv

92%
>

■

Bid

Pub Serv of Okla 3'As

100

•

Members

New

30 Broad Street

j

York

& CD.

1972

New York, N. Y.

-

105'A

105%

1971

Quotations For U. S. Treasury Notes

-

Hartford Telephone, 2-0121

'.Telephones, HAnover 2-1035 to 2-1044

Figures after decimal point represent one or more 32ds. of a point
100.4

Maturity—
tDec. 15, 1945—

15,

1943

Sep

15,

1943

Dec

15,

1943

Mar 15,

1944

%%
1 J/a %

100.12 '

tMar 15,

—

100.16

1ft %

ft Dec

100.24 ft

100.22

1946

:.

Ask

"

99 --ft

98.30

99.4

99.2

%
lft%.;

1946

15,

Bid

Int. Rate
%%

'—

100.10
100.14

..ft.-".

1943

Jun

New York Bank Stocks

ft-

Ask

Bid
100.1

Int. Rate

Maturity—
tMar 15,

f V

101%,

101%

S'western Pub Serv 5s 1972J.

103

102

j—

104%

105%

Virginia Public Serv 5s 1957—

108%

105%

.Wisconsin Pwr & Lgt 3'As,

100%

107%

Security Dealers Assn.

f

-

3%s

106%

104%'

100

1972

Public Service of Indiana

T. C. CORWIN

Ask

105%

1971——

Southern Natural Gas-Pipe Line

100.2

100

V:

"•■:■■■ "

■

.-/ft,:

,

ft.'

Par

Bank Of Manhattan

Co

15?,V

Commercial National

17

100

161

.169

1115

_100

._

12 ft

♦

27

New York Trust
Bid

279

...100

63 34

72%

753A

4

39%

36%

Corn Exchange Bank & Trust_20
--100

:

>

Company and Issue—

186

ft 2%

Feb' 10,

3ft

RR.:—

'

'

"

ift

Jan

American

1st

Ohio

&

Ltd.,

bonds due

4%

RR.—

mortgage 5s, due

/

195i_—-Mar

bonds are subject to all Federal taxes.

•

2303

1

'Per

Collateral

1
1694

1

All others in Volume 156..

this Issue.-

2303
2303
"2303
2303
2303

5s, series A, due 1995.——

_Jan

American
American

2303

16

mortgage 6s, series C, due

Jan

16

mortgage 5s. series D. due 2000———-Jan

16

gen.'mortgage 5s, series F, due 1996———Jan
Secured 4%' notes, due 1944——
—————Jan

16

2310

15
15
1
1

16

1872

2303

%

2303

American

Charlotte

Park

Ohio

Little Kanawha

&

&

RR.'1st

RR.

1st

5s,

5s,

due

due

1949—'.—Jan

Buffalo,.
4%s,

>.

Rochester
1957

due

Pittsburgh' Ry;

&

1950—

——'.

Buffalo & Susquehanna

consol.

-

Jan

16

Anglo-Iranian CM1 Co., Ltd.—..
?
'
Amer. deposit rects. for ordinary (Interim)
Arkamiss Timber Co. (year-end)—
.Arkansas Fuel Oil-Co., 6% pfd. (quar.)
Attleboro Gas Light (quar.);
Autoline Oil Co., 8% pfd; (quar.)— L—

2303

mtge.
Jan

16
16

2303

—

Indianapolis .^Western RR. 1st 5s, due '
—————-ft___.___ft_ft.__Jan
West Virginia & Pittsburgh RR., 1st 4s, due 1990——Jan
Cleveland Terminal & Valley RR. 1st 4s. due 1995—..Jan
Allegheny & Western Ry. 1st 4s. due 1998—
Jan
Bay way Terminal Corp. 20-yr. 6%
income 2nd mtge. ft,
1965

% bonds,

due-1957

Birmingham Electric
due

Co.

1st

mtge, ■■iYz'fy

ref.

&

1968

8 1

A

bonds

Brooklyn Borough Gas Co. 1st mtge. 4% bonds due 1965—Feb
Central. Gas & Electric Co.—

.

„,

1

Diamond

.:

2034

due

1957

Cincinnati
due

ref. & impr. mtge. 5% bonds,

-ftft——_
&

Gas

1966

—

Electric

!_

Cumberland

1st

mtge,

...

ft

j

_

County Power & Light. Co.—"

4%

mortgage

1. ft

ft 1

■*'

.

'

ft

.

.

—..Jan

<

J
5%% preferred
i•;.
preferred stock—

-

5
1

2128

-

i

15

—

2128

■

2128

pfd.

(quar.)

$2
20c

•

5%; preferred

.

12-23

$l?/4

12-26

12rl9

'

43 %c.; 12-31

12-31

Y

*

2-15

:

2-15

yi

...

Class A
Class

1;

Wood

Gar

Co.

Industries

f 12-31,

12-26;.

83.*, it 12-18

—

.v

;

7 %

♦

,

,

12-26

Common

Hercules

1-15

ft

(s-a)

70c'

(accumulated)

'

"

Common

Honomo

2

1-

2ft

12-23
12-23

12-28

12-23,,

2-

$1%

(quar.)..—

15

Canadian Bank of Commerce

2128

13

2305

Sl'A

series

A

and

series B—

1

...Jan

(quan)

i$lV2

...

Capital Finance Corp., 6% pfd. .(s-a)—
"Carborundum Co.
:
!_

"

15

Hill Gold

"Carson

2305

2-

.

pfd.

$1%

,

ft

Gnlf, ti

Island

Case

2037

Lockwood

"Central

2130

&

Brainard

Co.

Foundry

(year-end)
Process

2

'•

Central

Franklin

jan

.4

2224

Central

Gas & Electric,, common

18

2306

4(2%

Interstate Debenture Corp. 20-year debentures, due l955_Jan. 15

2307

Ship

1952

RR.

1st

ref.

mtge,

term.

&

5s,

—

& Co., Inc., 5% -7%

•

.

$1

12-26

3V2c
$2%

1 1- 2

-

'

L—

1-

,

$3.50

City Gas Co., 1st

mtge.

Lehigh Valley Coal Co., 5%

5s,'due

1946

Feb

1st and ref. mtge. s.f. bonds,

.

'

i'r due
1944
.lstj and ref. mtge. 5%

!
bonds, due 1944—

preferred

5s due 1949

...__Feb

*

(year-end)

Little
t

Company of Mary 1st & ref. mt«re. collat.
honds. series A and series B. dated 1937

New Jersey

Worsted Co..

preferred

2225

.<

trust

>
Jan

15

2307

stock--_^._^____Feb

1

2042

1

*

North

American Co.

3 ft %

debentures

due

1949———.Feb

North

American

33a%

debentures

due

1954———_Feb

Co.

2040

1

Gklahoma Gas & Electric Co. 4%
Fhiladelnhia

'.due 1972

Electric

Power

Co.

debentures due
1st

mtge.

—

.Pittsburgh Suburban Water Service Co.
mtge. 5% bonds, series A—

i

5Vzr>c

1st

'

bonds

Feb
lien &

ref.

.

1

" '-V

————.Jan

*

.1——1_——__^.Jan

17c
$tV»

T_




Electric.—.4

••

...

Electric. 7%

:

.

75c

,

•

pfd. A ;(accum.)

6^2^

(accum..09375c

Trust

(Boston)-—

12-29
12-21
1-15
12-19
12-31

V1- ?

12-24:!

2-2

•

1-15

•

$1

12-29
2-15

2- 4

12-22

•20c-

$1%
$1%

c

1-1511
1-15

2-1

'

ft

.12-29

12-15.
,12-29 \ 12-15
.12-29!
12-15
12-29
12-15
12-29'' 12-15

,

5'/2%

1-2

5%

pfd. B

(s-a)

12-18

12-12 f

25c

12-24

12-21

1-28

1-16

2-1

25c

_

,0265c v.

Corp.—,

v87ftc

Johnson

•

'?•

15c

12-31

Inc.v(initial).—25c

Kennedy's Inc..

Postal

preferred

Term.

&

Realty-41

(quar.)__

*

'

'

1-20

87'/2C

1-20

r

(s-a

.

:,i''

'v

^Cincinnati Union Stock Yards
Citizens

Wholesale Supply-Co.

City Baking Co., 7%
2309

Cohen

pfd.

15c
(year-end)

Lee

(accumulated)

12-39'

12-23

12-28

-$3.
$1%

12-10

,

commoia

Rubber

Co.

&

12-31;;
12-2

Lft

SUA-

12-31

$2'/2

12-31

12-21\I

12.-31

12-21r{

$1%
$2V2
)'•♦•

—

Shoe (quar.)...
pfd. (quar.)——

,

25c

:

20c

1-2
1-

,

12-15

"25c

■ •

1- -2

!; 12 -19

1-

2

;

ft.

12-28-;

1-15

1-

2

1-15.

1-

5

40c

—-

—

1-20

1- 9

1-15

12-31

2-1

1-11

31'Ac

Sift;

MnbbeU. (Geo.)

1-9;

1-15

a

1-

'

1-26

75c

2-

v

7%

$lft

2nd preferred

(quar.)i—

•.

__.*_■

1st pfd. (quar.)

!

1-16
1-25

40c

(quar;).^——

& Sons, -7%

i:
-

45c

—w—

pfd~ (s-a)

ft

12'/2C

(irregular)

Lexington Union Station,. 4%

12- 3

-12-29*-'

;

12-151j

2

12-31

50c

$1V2

(irregular)—4

Tire—

Lenox, Water Co.

v—

•

(Daniel) Co. (quar.)•"

ft

12-31U

27 %c

v

preferred, (quar.).——
Works. 6% pfd. (quar.)—

Leece-Neville

1- 4

1-15

.» i

12-31

1-20

Krueger (G.). Brewing (quar.)—-Lazarus (F, & R.) & Co.- (irregular)—

' »*'

-♦

$1%

.-1

75c

Kokomo Water

12-23

(year-end)—

1-21.i

12-18tj
?;.

Y-

v.Sl'Ac

-

.

(quar.)—

Joplin Water Works. 6%
Julian & Kokenge Co.;

12-23
12-19

-

;

.

Johnson; Stephens & Shinkle

'

$1.25

12-24

Go.

2- ,1
12-22

*

>

—4—__41c

Service

.

50c

1st pfd,- (quar.*)
is-a) _4—.—!•— •——
—

A

|

12-31j!

-2- 1

;.v

...

——

Co.

preferred series A

class

t

ft

1-15?

Ltd.^-

Jamestown Telephone, 6%

5%

ft

12-19 ft

30c

*

;

•

r*-

2-1

:-ft 25c

r—;

.

.

:

12-22

$1%

12-26^ 12-24) t

(year-end)Iowa Electric Light & Power Co.— "
!
'
6%""pfd. series C (accumulated)
—
6ft% pfd. series B (accumulated).——L-.
f7% pfd. series A (accumulated) — _w■
James Mfg. Co., common (year-end) 4———
.5% preferred series B (s-a)——
—

-

1- 2 '
,1- 2 ; 12.-24
.2- 1, r 12-31
2-15,'
2-1

.

17c

i_

...j_,

pfd. series C (par $25)

Cincinnati
•

13--- -1869

18^,

-

9 ft

12-24 ft

25c

preferred, (quar.)-

Telephone

1-

12-23::

2

■

4

1

1-15

12-28

12-21

,

,Foli-New England Theatres, Inc., .1st mtge. bonds, due
-"1958

6%

Chicago Times,

.'lV /

1946—Feb

;

&

Co

Liquidating
Chicago Molded Products
v

j

Gas

Chain Store Investment

•

>1

;

6

12-28'

$6

..y

(quar.)

j

(quar.)___^

433/4C
7% pfd. series A (par $25)
(accum.)—■_—> ,.10937c
6% pfd. series B (accumulated) i_„_.
37V2c
6% pfd. series B (par $25)
(accum.)..,.—
.09375c

.

1 2040;

.

1
-

Hudson

Republic

Central States

•

-

' l

Aug

—

Central
Central

2132

•

—...Feb

Lexington Ry.. 1st mtge.

1

-

4

1-25

1-

$1%

•ft;::

Group Shares..:

prior

Investors

12-22

1-27.

10c

"

Kansas

ft

68 %C

—

—

Institutional' Securities;

12-23 .12-21

"

amended notes, due 1944—Jan

:.due

12-26•

1-1

•

50c-

-

(quar.)

■i

$1%

ft

'

Hydro-Electric Securities,

12-31

1

$3

-

(irregular)—
(quar;) —"

Mining Corp.

'

Fairbanks. Morse & Co., 20-yr. 4% debentures, due 1956-Feb / 1
Gas Co. of New Mexico. 1st e'.is. due 1944
I
Mar 15.,.5

Hoe. 1R.1

1-11

>

12-31

•'

"

■:

1

Corp.-—

(quar.)_

International Utilities

1-12 ft

1-16

25c

(irregular).——
$4.50 pfd.

(quar.)—.

Insurance

{

12-28

20c

(year-end)

Horder's,. Inc.

'

1-

V

♦

(quar.)—i_____4---Zii?—

Sugar

;

/1- 9 ft

ft

$7

5c

—

(quar.)—J
—'
preferred (quar.)——
(year-end) •

Hook Drugs

12-24

2

2-20
ft 1-20

50c

.

;preferred

:

1-

:

1-12 ft
12-19! i

%

•

-

—

-•1-16 ft

$1%

(accumulated)

Holland Land Co. (liquidating)—
Holly Sugar Corp., common (quar.)_4—i—
a
7 % preferred
(quar.)
Home* Tel. & Tel. (Fort Wayne,-Ind.)— - —

V

1-10

2-1

♦

37 %c

(increased.—_

Co.,- 6%

:

12-22 ft

.12-28

$1%.-

5V2%

Powder

1-5,

12-22

12-23

—

preferred
Times,

12-24;:

1-15

-

Griggs, Cooper & Co., common...—
»

,12-17:j

1-2

ft $5.25.

prior preferred - (accumulated >
Gimbel Bros,,
$6 preferred
(quar.)——
Glatfelter (P. H.>, 6>/2% preferred (quar.>.,_

Hartford

ft

12-3111

50c

(extra).i———

Generat Foods Corp;,

2-

12-31

1"2

\, '1-2

25c

-

(quarOw^.^.a—
preferred (quar.

General Gas & Electric

i:]
1 1

%

.,7c

,

! :

(extra)——-.

AA

2-

20c

/

prior pfd. (quar.
of Washington &

6%

7%- pfd.

7%

i

12-31h

1-2

$l'/4

,
.

Process Co.

Franklin
V

12-18

12-21

75c

»i

Rubber

Tire &

12-17u

,2-1

i$3

(quar.)—

Wheeler,

1-11H

12-211'

Y

6ft

pfd. (accum*) ——♦

(Washington D. C.t

Georgetown
Foster

4

-

.2- 1

25C

(s-a)_—

United Cleaning &.Dyeing—

Firestone

;

12-24

'

(quar.u——.

$1.50 class A (quar.)

Insurance

12-29

2

50c

& Cp.» 7 %

preferred

7%

12-21;■

1-15

50c

1——__♦

(quar.),.

Y

1-

2c
37 V2C

(resumed)

Common
Fenton

12-26

12-28

1-23

$1%

___

„Li.——L—————

Firemen's

3-9

2-*, 1

Co., common—.—

Federal Electric,

12-16

3-20

2-15

$3'/2

,

1

12-24

1

(quar.)—_——-

Fire Insurance Cn/

duller Brush,

12-28

5

~

jan

Easton. Palmer & Bethlehem Street Ry.- 1st 5s, due 1947_Feb
Edison
Sault -Electric Co. 1st mtge. 4VsS, due 1961,

'

12-24

1-

3-

>

$lft

Equity Trust Shares-in America—
Exeter & Hampton Electric (extra)—«
-Fall River Electric Light (irregular)

12- 1
12-21
12-24
12-15
12-24

12-23

L—'

'

12- 8

1- 8

Sl.%

'

—;

pfd. (s-a)
pfd. (quar,).—.

Telephone Co.

,

:

Byers

1

bonds, due I960——„..Apr
stock.—
Jan

Power, 6%

Fibreboard Products,

(A. M.) Co., 7% preferred, represent•
ing the quarterly; dividend of $1.75 due *;
*.
1
A '
"T"' Feb. 1. 1943, and interest thereon__L._i__-,. $1.8156 ::f;-2- 1 ' -1-18
"Calgary Power Co.t Ltd., 6% pfd. (quar.)___
4:$Ll/2.
2- 1
t-15
'California Pacific Tel. & Tel. (year-end
rSlft
•12-24-'-il2-21-

'• 1

_Feb

'■

r

2096

•

".ft*

3ft%■ bonds

j--Tgt mortgage 3^2%. bonds, due 1966—
!
1st

•

,

—Mar

—

Co.

—

2216

1- 5

„

5c

10c
$lVa

.

•

Extra'

$2V2 ^ 12-31 * 12-19
Bristol Brass
——J—
' ;;'
75c
12-15 • 11-30
British Columbia, Packers (irregular)„_L-—|75c / '3-15;
2-27
Broad Street Trust (Phila.) (s-a)__;_—
20c
1-15
1- 6
Brush-Moore Newspaper, 6% pfd. (quar,)..$lVi:'-^'l- 1. 12-31
class A

12-31

1-15

V
;

(quar.)

♦Equitable Fire> Insurance

1- 1
12-17
1-21
12-16
:
1-13

10c

'
•

Brandon Corp.,

State

Dominion

pf Rt*.

50c
-15c

:

Extra

2034

1

Central.Indiana Gas Co.,
I

' l

•

1

Bearing—
Steel Corp.: (quar,).

Brainard

1-15

(s-a>_—

common

Publishing, 7%

Dow Chemical

12-22^

■

$2

Roller

Bower
,

-12-31

Ltd., ordinary regis...(interim)
/Dolphin Paint & Varnish, class A (accum.)..
.

ffoMer*

■

1- 5
12-23
1- 2
1- 2
1- 2

Investment

Boston

1-15

Distillers Co.,

"■<;!/

15c
12-28
12-15
60c
12-28
12-15
$25c.
'.3-1
2- 5
- '
15c v 12-28 '-j ——;
'
$1
12-31
12-31
20c
1- 1
12-24

(annual)—
class A (quar.)___

Body, Co.(year-end)
u
Telephone of Pennsylvania (reduced)
Boatmen's NatT Bank (St. Louis)
(extra)__

*

collateral

trust

debenture

cum.

12-10

$5

(year-end)

6%

12-22

12-21

——

Ltd.

/ Denver Union Stock Yards

■

Bell

ft.l:;k0;j«
1

1-15

•

'Batavia

2188

1st lien collateral trust" 6 %

h Ist Jien

$1%
9 l/10c
$5
:15c

Bathurst Power & Paper,

>

,

.•»..

bonds, due March 1, 1946_Feb
5Va% bonds, due Dec. 1, 1946_Feb
Central Hollywood Bldg. Co.; income leasehold mtge. bonds
\

Common
:

2303

16

-i-.___.Feb

'

Bankers Investment Trust of Amer.—

.

2303

16

-Jan

z.

—_

'

-

'ft 2303
16 ft 2303
16

'

12-23

—-

/•.'Cincinnati/
;

2-15

25c

-

12-28

preferred, class A (quar.)——
preferred (quar.).—

7%

'

—

2303

1st 4s, due 1963—Jan

—

RR. Corp.

"75c

Canadian

,

'

G.)

Crystalite Products .Co., 6%

fay'tild

;

Can Co;

American

2303

•

(C.

0%

:/

•

$lft
*. 1-" F;
$1%;..-y, 1- 5
37Vic
12-21

'

(year-end) ———————
(qu&r.)—_——
Properties (liquidating)American Furniture, 7% preferred (quar.)_

2303

16

:

f

>■

Aggregates Corp./ 5% pfdt (quar.)
Air Filter; 7% pfd..".(quar,)—

50c

(year-end)__._—

Corp.—

Participating.

..

When?

'

of Rec.

12-26

'

Conn

Feline- (J. J<)

'

Holder»

When

Payable

'

(quar.)

(Boston)

preferred

partic.

1st

;

2310
2141

-

/

'

thare

"sift

IOC

'

Cypress Abbey Co.i—•
Darling Stores, 6% pfd. (quar.)
Davenport Water, 5% pfd. (quar,).,.
Delendo Corp. (liquidating).:

Common

2303

1995

&

Lincoln

Foods

Columbus

,

v

0.32 %

market.
IThest

Community Frosted Food—

are

Name of Comjton*\

16
16

Ref. & gen.

/

Co.

Loan

.£;.Collyer Insulated Wire Co.

The dividends announced this week are:

:

,

0.32%

50c

Name of Company

Crowell-Collier

declared.

Ref. & gen.

:<

0.32%,

AQuotations not furnished by sponsor or issuer.

,

'

.:

Further details and recdividend payments in many cases are given
under-the company name in our "General Corporation
and Investment News Department" in the week, when

''

— Ref;

,

0.30%

b0.37
" b0.37

31, " 1943—————

March

Date

„

(

ord of past

j

?2187
.2187

1948——.——_v—-

mortgage

March 24,

0.28%

par value,
a Odd
lot sales,
b Yield price,
d Deferred delivery,
r Canadian
sCash sale—not included In range for year.
x-Ex-dividend.
y Ex-rights.'
tin default.

J which have not yet been paid.

u

■

gen.

1943———

0.32%'

0.29%

_

Connecticut River

Dividends

'

,

1951; —i———
—1——Jan
Toledo-Cincinnati Division 4s, due 1959——————Jan
&

Aik

Bid

0.32%

1943—b0.37

DIVIDENDS

*

{

•

Jan 16
ft, 1st mortgage 4s. due 1948
:
_Jan 16
■ft Southwestern Division 5s, due 1950_._-_.—i..._i—.__Jan, 16
Pittsburgh Lake Erie & West Virginia/ System 4s, due

Ref;

■""r—- "ft ft ;ftft

1943———— -ft b0.37
1943.
—
b0.37

17,

——

•Announcement in

-V. 2303

Rys, Corp. 4%% collat.-. trust-bonds,. due 1953.Jan' 14
Type
Founders,. Inc.,
conv., debs;
15-yr.
y due. 1950
Jan* 15
Arkansas Power & Light. Co. 5% bonds, due 1966—
Feb* '1
American

Sugar Refineries.

0.83%

—

10.

;

bonds due 1943-———Jan 22 —
collat. trust conv. 5% bonds,
- v'
-r

Atlantic

0.66%
0.77%

0.30%

March

' "

22

1st consol. mtge. ser. B 4%

Baltimore

b0.69

b0.37
Feb. 24, 1943—" b0.37
March 3, 1943
;
b0.37

March

v

•

0.50%.

b0.85

J—*--..7
-ft-UJ-A'->

17,. 1943.——'

0.28 %

...

grouped in two separate tables. In the
Alleghany Corp., 20-yr.
" ■;! first we bring together all the dividends announced the
!
j: due 1950 ■
:
————u—i—ftft/ft2093
current week.
Then we follow with a second table in
American, British & Continental Corp. 5% gold debenft
,
which we show the dividends previously announced, but ; !
i. tures, dated 1928——
Feb
1 ft<1856

."■'I

•

b0.80

'

'

ft-ft:ft-. v■'

0.27%

Ry.,

!"Y

"

bonds due 1943—

mtge. ser. A 5%

1943

:ftft ;*No

1050

1010

.Page

.. Date

.

Great Southern

■:

b0.37
b0.37
b0.37

1943—-

given in the "Chronicle."

'

1st consol.

•

Feb.

f duev. 1952.:!—

redemption or last date for mak¬

ing tenders, and the page number gives the location in

Alabama

i

Ask

0.27%

Light,»Heat & Power Co.; 1st mtge. 4s' '. .
due 1947
i.—^—
—
Feb
Salmon River Power Co., 1st mtge. 5% bonds, due 1952-Feb
Seaboard Air Line Ry.— ••••.>•
,
,
Raleigh & Augusta Air Line RR. 1st mtge-. 6s (extended
at 5%, matured 1931).—i.—--—~—.—r
--Jan
Raleigh & Gaston RR. 1st mtge. 5s, due 1947
Jan
Standard Lime Co., Ltd.,- 1st mtge.; 6s, due 1944—.Feb
Walworth Co., 20-yr. 6% debentures, due 1955
Apr
Wilbur-Suchard Chocolate Co., Inc.,
1st mtge. bonds

those called under sinking fund provisions.

were

b0.53

—-

tor discount at purchase

are

,

.

including

which the details

'

-

27, 1943
Feb. 3; 1943--——

74%,

—

and

The date indicates the

1,

«:•: t%S Dec 1, 1943

t'f •'■-'

;

0.32%

b0.38

__

t%S NOV 1, 1943

ft:
v

0.25%

Jan. 20,

12

■'St. Joseph

called for redemption,

stocks

1943

,

list of corporate bonds, notes,

a

———'

Jan.

,71%

100

238

preferred

common

100.4

b0.37

53%

176

,

Notices
be found

t%s Aug

99.22
100.17

100.2

6, 1943—

37

,25

Redemption Calls and Sinking Fund
Below will

99.20

100.15

13,;1943_ftu—™—--ft b0.37

35

Company and Issue—

-•

%%
1 'A c!o

Jan.

46%

43 ft

Guaranty

.

Jan.

26 ft

x51%

& Co.

(J P)

170

233

Empire

Morgan

13 V4

150

.—100

Fulton

t0.65s May 1, 1943—ft—

1,

37%

•ft, 12

10

100.30

Bid

23% V

20

37 3

-.10

.

100.27

--ftftz %%

1944—

,1945

Treasury bills—

1215

1165

20

Bank & Trust—.

%

1

Rates quoted

25

20

Continental Bank 61 Trust.

100.12

t%s Feb.

Ask

11%

10%

10

59%

Chemical

.—-ft:
ft-.1

15, *1945——— ft-.-.

$Mar

OD

Bid

Par

38

Brooklyn
Central Hanover

15,

Certificates

100.14

United States Treasury Bills

289

Bankers

1944

Companies

Ask

36

Bank of New York

15,

Mar 15,

100.24

3A%

1944——— ^2.

tSept.

30%

ft

15,

Sep

'

Indebtedness—

of

100.22

—

Jun

1145

28%

-

.-•«

-U7Va

Par

Ask

Bid

Par

Ask

27%.ft.29%:

13.55

National-

Chase

Kid

_10

■

$2:
$1%

_
♦

$13A

12-16

1-2

1-

2

;

12-21

; 12-21

Volume 157

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139
J*er

Holier a

When

thare

Name of Company

Payable

Nairn of Company

1-15

(year-end)
a
30c
12-29
Manischewitz (B.) Co., 1% pfd. (quar.)_:i$l3/4
>: 1- 2
•Mercantile Acceptance, 6% 1st pfd. (quar.),
30c
12- 5
5 %
1st preferred (quar.)
25c ; 12- 5
Mercantile Stores, 7% preferred (quar.)
•:
$13A
2-15
Mickelberry's Pood Products—
$2.40 preferred (quar.)60c
1- 2
■Middle States Petroleum, -class A (irregular)
•
45c
1-23
Midwest Piping & Supply (irregular)
25c
^ 1-15
Mill Creek & Mine Hill Navigation ~fe (RR—
•
1
/v

12-22

Allied Stores Corp.,
All-Penn Oil & Gas

12-21

Amalgamated Sugar, 57o

iMacwhyte Co.

'

25c

r.

Co.

Maiden Electric

•

:

(s-a)

$1V4

u,—i.—'

Power, common

preferred

;37J/ac

(quar.)—

8

1- 8
"■■*'■:

1- 2

1-14

62%c

(quar.)
Products

National Distillers

(quar.)—

National Electric Welding Machine

50c
V 2c

V ;

(quar.)-

;

Quarterly' 2c
';V': Quarterly:."'—',
2c
Quarterly
2c
National Motor Bearing— - •
* •
'
$1.50 convertible preferred (quar.)—
37J/aC
Nat'l Newark & Essex Banking (annual),,—
$2
National Shirt Shops (Del.)--$6 prior preferred (quar.)
.—
$l,/2
Common (year-end)
20c
National State Bank (Newark, N. J.) (s-a)_
$10
New England Confectionery (year-end)—
$1%
North Boston Lighting Properties (year-end) v//90c
North Penn Gas, $7 prior pfd. (quar.)..
$1%
Northwestern Title Ins. (Spokane, Wash.)—
.

,

1-20
1-20
2-1
2-1
■
■ 5-1
v/ 8- 2
10-30

'•

7

Quarterly
Extra;

12-31

12-21
1- 2

12-29

12-31

12-22

Q'.

i-

i

1-25

•

$2Va
75c
- 75o

:

Pittsburgh Nat'l Bank (Pa.) (quar.)——,
.Quarterly
Pneumatic Scale, 7% preferred (quar.),—

1

12-19

.ITVzc
Port Huron Sulphite & Paper, common,5c
4%
non-cumulated preferred (qtmr.)
.
:
$1
Participating
—50c
Portland Gas Light, $6 pfd. (accum.)-,,,—
$2
Potomac Elec. Power, 5JA% pfd. (quar.)
$1%
.

■

$lVa
$1%

; 57c

preferred (quar.),,,,,™,
:
Revere Copper & Brass, 7% pfd. (quar.)—
5'/4% preferred (quar.),—
Rice Stix Dry Goods Co
11—
Rickel

$1.31 V*
50c

'& Co. (s-a),_

W.)

(H.

1-

8c

4-10
12-23
12-24

12-24
12-24
12-22
2-15

$1
$1%
$2.25
■
$1

—

Sanborn May Co. (quar.)
San Cruz Portland Cement

—."

25c

(quar.)

Schuylkill Valley Navigation & RR. gtd. (s-a)
Scytes & Co., Ltd. common (s-a)
Extra-'

$1(4
$50c

—J50o

—-

preference
Seattle

1-15'

$87Vac

(s-a)

Brewing & Malting

Securities Corp.

Securities Investment

St.

of

Louis

12-24
12-29
12-29
12-28
' 12-17
2-25
- 1-25^'
12-16

50c

(quar.),,

Seven

Up Bottling (Los Angeles) (year-end)
Shawinigan Water & Power (quar.)
Silbak Premier Mines (quar.)

$1
$23c
$4c

.

—

& Zook Co. (quar.),
1
Pittsburgh Water, 4pfd. (quar.),,

Southern

Acid

Southern

California

&

Sulphur

25c

$1(4

'

1-11
2-3

Edison

A

(quar.)

pfd.

Co.

Bldg. Assoc.

Stock

Yards

Waitt

&

Warren

12-31.

*12-23

12-23

12-18

12-21

'

12-29
12-31

12-21

$14

12-10

11-10

30c

12-17

12-11

25c

2- 1

1-

9

12-22

..

1-15*

!

12-15

12-10

50c

.

2-1

$2

1-15

12-21

1-15*

50c

1-15

1-5

$7

(year-end),

12-24

12-19

1-4

5c

.

common (quar.)
(quar.)
—————
:
preferred (quar.)——

37(4o
$1(4
$1(4

;

12-31

2-1

1-15

2-10
2-10

preferred

57c

Wico

preferred
Electric,

Zeller's, Ltd.,
Extra
6%

.

(quar.),:
(s-a)__

6%

(quar.)

we

$1(4 12-1-43 11-15-43
t$3(4
1- 6
12-30
$1%
2- i
1-25
$1%' <
1-15 >
1- 2
$25c ,6-1-43.
5-15

5(4 preferred (quar.)
Cleveland Automatic Machine,

Clinchfield

Coal, 7(4 pfd.
Clinton Water Works, 7(4
Cockshutt Plow Co., Ltd.,

$7 1st pfd

(accum.)__

pfd.

(quar.)
(s-a)—-

-

common

Columbus & Southern Ohio Electric—

$1.62

preferred (quar:)
Ltd./ commonpreferred (quar.)
Concord (N. H.) Gas, 7% pfd. (accum.)
Conn. & Passumpsic River RR., com. (s-a),
Connecticut & Passumpsic River RR., 6(4
preferred (s-a)
Consolidated Chemical Industries, Inc.-~.
$1.50 partic. pfd. class A (quar.),—__
Class B (quar.),,.,
L
Consolidated Cigar Corp. 7(4 pfd.
(quar.),
6(4(4 preferred (quar.)
Consolidated Edison Co. (N. Y.)—
$5 preferred (quar.),___
Consolidated Laundries Corp.—
$7.50 preferred (quar.)
Consolidated Oil Corporation (quar.)
Continental Insurance Co. (s-a)_,„^__„_,

2- 1

$5c
$10c
75c

6(4(4

1-15
1-15
2-15
2-1

Commercial Alcohols,

8(4

.

<

$3

:

;
12-31

$3

2-1
,

<

■'

2-1

<1-15

' 2-1'

1-15

2-1

1-15

include divi¬
given in the

(quar.),,

0

$1

When

HolierI

Pavohie

of Ree

1-15

1-2

25c

1-9

12-24

3c

1-15
1-15

12-31

25c

1-15

12-31

1-15

$1.183A

1-25

1-15

1-15

1-

4-

3-20

$l'i

Co.,

Electric

General

Products Refining,

$1%

3-1

1-4
1-4
2-15

$1%

2- 1

1-15

2- 2
.

,

'
,

$1(4

$1%
12(4c
'
80c

2-1

20c

12-31

2- 1
2-15
1-11

:

1-15

1-11

common

7(4

Detroit

Gasket

&

1-15
12-31
.

12-31

pfd. (quar.)

Dome

Bank

of

12-15
2- 1
12-26

1-25

1- 9
12-19

(s-a),,—$4

1-15

1- 7

1-20

(s-a)

(accum.)

$1 (4

——

6% partic. pfd. (s-a)—

: '',/■-

75c.

-;■. ;"■:

$1(4

(payable in U. S. funds),
.

Canada

(quar.).

6-15

9-15-43
12-31
1-20
.1-15

20c

2-1

30C

2-1

25C

1-20

1-

75c

2-1

1-20

$2 Vn

__—

1-15

12-31

'"■

15c

.

1-10,

1-25

5c

1-15

V 2- 1

Sl'/B

2-

$1

1

1-20

2-1

35c

/

12-18
a-

4

.'i-1

1

1-

8*

1-11-43

"$1V4

2-1-43

:$iy».

2-1

$i»/2

1-25

1-10

25c

1-15

12-31

1-15

12-31

20o

(quar.)

62 VaC

1': $1% :

:

1-

2

5-15-43
■'

1

1-14

1-15

12-31

2-

$134.

of North America-—

(quar.)

tSlVa
—;

1-15

12-31

$$2Va

1-15

.12-31

$$11-4

■_,

Extra

1-15

12-31

—_—

.'

60c

;

1-15

1-

8

Refractories-—■■

:(.■;6(4

SlVa

preferred (quar.)
Harrisburg Gas, 7(4 preferred (quar.),,,,.
Hat Corp, of America, class A,,'
—__

:;■"■;■; Class

1-6-43

1-20-43

$13A-

1-14

25c

1-14

$15'8

12-31

1-15

25c

2-1

'1-2
'

B
■
6V2 7o preferred '(quar.'
Hayes Industries, Inc.
(irregular„
Hecker Products Corp. (resumed)
:
Hershey Chocolate Corp., common (quar),,,
.

1-2

1-14
1-25 :"■:■ l- 4

15c
"

30c

$4 convertible, preferred—

12-30

2-15

1-25

2-15

1-25

$1

.

,:1-15

75c
$1

2-15

1-25

Hibbard,

■

Spencer, Bartlett & Co.—
■■'■'■. Monthly
Higgins Industries. 6 7a preferred (quar.),
Hollander (A.) & Sons, Inc. (year-end)

Holly

15c

1-29-43

30c

2- 1

25c

1-4

12-24

lc

1-25

12-31

W? $i

,

; 1.-15

v,

-

(quar.)w—

Development

Household Finance,

common

(quar.)

Common

6(4
-

Stock
■

$2 lb

100

•

,2- 1
.1-15

12-17

1-15

12-31

Mi-

20c

37 VaC

1-15

,

5

1- 5

Machine—

five

Harvester

shares

for

■

each
1-28

Co.,

International Milling Co.,
International Nickel

12-31

$$2

shares held-,——

International

12-31*
12-30

$114

,

(reduced)

dividend,

12-31*

30c

■;">;'

participating preferred (quar.)

International Business

1-17

1-15 ':

SlVa

_

1-19-43,

1-15 /;
3- 1

$l*/4

preferred (quar.)
:
Hummel-Ross Fibre, 6(4 preferred (quar.)
,
Hutchins Investing Corp., $7 pfd. (accum.),
Imperial Bank of Canada (quar.)—,
Indianapolis Power & Light com. (quar.) —
Insurance Co. of North America (s-a),—.
International Bronze Powders—
5(4

5(4

1-14

-

(quar.)^_

50c

1-15

12-19

pfd. (quar.),,

$1V4

1-15

12-31

com.

of Canada—

1- 2
2-1
,$1.75
preferred (quar.)
1- 2
2-1
834c
preferred ($5)
(quar.),——_______
v t'tw<
12-12
1-12'
International Paints, Ltd., 5 (4 pfd. (accum.)
12-18
25c
1-15
Interstate Department Stores, common,,;—
2- 1 V 1- 8
$1%7(4 preferred (quar.)_„i_,,
Investment Foundation, Ltd.—
12-31
1-15
$75C
6(4
convertible preferred (quar.),—_,,,
1-18
2-1
$1.06 V*
Jewel Tea Co., 4JA(4 preferred (quar.)—,
1-4
12-23
$13A
Jcliet is Chicago RR., stamped com. (quar.),'
12-7
50C
1-6-43
Jones & Laughlin Steel Corp.*.,,,.—„—/
1- 8
10c
1-28
.Kaufmann Department Stores,-;—-—-—— j
25c
1-7 v12-26
Kellogg Co. (irregular)
Kellogg Switchboard & Supply—^ •
10c
1- 5
1-30
Common
(irregular) —,—
■1*' 5
1-30
$ll/4
5(4 preferred (quar.)
_
12-31
1-15
$lVa
Kentucky Utilities, 6(4 preferred (quar.),,,
1-20
62 VaC
2-1-43
Klein (D. Emil) & Co. 5(4 pfd. (quar.)—,
7(4

■

7(4

-

.

!

<

•

<

<

■

,

-

-

.

•■

,

•

3-1-43 2-10-43
;■■.■' - "-'■
2-1-43 1-15-43

$40c 1-20-43

$$2

2-1

12-31

1-15

20C

1-5

12-22

$1%

Knapp-Monarch Co., common,^,—,,——,Kroger Grocery & Baking—
77c 2nd preferred (quar.)—La Plant-Choate Mfg., $1 conv. pfd. (quar,).
Lake Dufault Mines, Ltd. (interim)—

2-1-43

t-15-43

25c

1-15

$2c '

1-25

*'l*i-4

.

.

■■'

1-6
■;l%- 8

$10c

—

$13A

2-1

1-14

1- 4

12-16

50c

-

2-

50c

Ltd. (interim)——.
Lane Bryant, 7 94 preferred (quar.)—
Lane Company (year-end) '
Langendorf United Bakeries, class A (quar.)
Lamaque Gold Mines,

1-15

12-31

6c

■

Class B

1

12-31

1-15

75c

1-15

75c

•

6(4 preferred (quar.)—Lebanon Valley Gas, 6(4 pfd. (quar.)

12-31

2-1

•

1-15
12-28

Lehman Corp.

25C

1-6

Lerner

50c

1-15

$lVa

2-1

60C

1- -2

12-15
12-31'

(quar.)——,i—;
(quar.)—• -—■ •;
preferred (quar.)——~

Stores, common

4y2 (4

,

Lexington Telephone Co., common (quar.)'—
5.2%
preferred (quar.),
Liberty Loan Corp., $3.50^.pieferred (quar.),
Lincoln Tel. & Tel. (Del.) class A (quar.)—,
Class' B
5(4

preferred

5;

1-20
'

$1.30

1-16

12-31

25c

1-10

12-31

1-10

12-31

560

(quar.)————
(quar.)——.

Link Belt Co., common

2-1

$1V4

>

1-15

50C

—————————

—

1-

■

87 VaC

■

12-18

(quar.),,

Mines, Ltd

Dominion

—,

1-5-43

Distillers Corp.-Seagrams, Ltd.— ;

5%

'

1-11
2-15
1-15
3-31:
1-15
1-15
1-5
2-15
1-15

$2

Di Giorgio Fruit Corp., $3 pfd,
Diamond Match Co.,

•

25c

Manufacturing

Detroit Hillsdale & South Western RR.

3-15

7- 1

Mills, 5(4

Montreal

3-31
2-27

12-31

,4- I

■

$35c

(quar.)

prior pfd. <s-a)
Hosiery, 7 (4 pfd. (quar.);
Great Lakes Power Co., 7(4 pfd. (quar.)_/,v
/

.

10-1-43

(quar.)—

Gotham-

Guarantee Co.

.

v,

37 VaC

$5

Ltd,

.

'

37 VaC,

preferred '(quar,)
preferred (quar.)
Gimbel Brothers, $6 preferred (quar.)—,
Gladding McBean &
Gosnold

1-15

•

(quar.)
Corp; $5

Golden State Co.,

2-23

3714 c

.

(irregular)

Razor

4-1

$i'A

:

Co.__,_^i^-—

Motors

Safety

3-31

■

;

$2
40C

General Finance Corp. (quar.),,,
—:
General Foods Corp., $4.50 pfd. (quar.) //,,/

Gillette

4- 1

25c

:

common

Baking Co.

5

N. Y.)—

convertible

General

1

.

2- 2

Creamery

12-31

25c

1-15

1-25

■

37(4c
37Vac

12-28;

20c-

1-31

25C

'

1- 2

Share

,-..0,
(quar.),^,,,^^,,^,^,^-^




1- 1

1- 4

Per
Name of Company

Extra

1-29

,

Extra———,—,

Detroit River Tunnel

■

1-15

12-31

,

1- 4
12-31
12-26
2- 5
1- 2
3-18

5-15

12-31

20c

1

1-25

$37(4c

^

Addressograph-Multigraph

2-15
5-15
8-16

3-1
6- 1
9-1

1-15
1-11

preceding table.

Co.

'

$1(4
$1.(4,
$1(4

65c

weeks and not yet paid. The list does not
dends announced this week, these being

Air Reduction

-

preferred (quar.)
$1%
Package Mfg—_—37(4c
Credit Utility Banking Corp., el. B (quar.),,
25o
Crown Drug Co., 7(4 preferred (quar.)—u,
43%c
Crum & Forster (quar.),,,,,——
—„ ;
30c
87o preferred (quar.)
$2
Cumberland County Power & Light, 5(4 (4 pfd.
$1,146
6(4 preferred
—
$1.25
Dayton & Michigan RR., 8(4 pfd. (quar.)—
$1
Derby Oil & Refining Corp., $4 pfd. (accum.)
$2
Detroit Edison Co. (quar.)—
—30c

give the dividends announced in previoui

Affiliated 'Fund-

-i—

preferred (quar.)
5(4 preferred (quar.)
.5(4 preferred (quar,)_,l^,

1-25

5-15

1-11

v./

Malting Co.
(quar.)

General

12-31

,

25c 1-15-43
12-16
25c 4-15-43 3-17-43
25c 7-15-43 6-16-43
25c 10-15-43 9-15-43

'

Corn

(quar.),—$20c

preferred

1-15

59c

(quar.)

1-25

/•

Abbott Laboratories 4%

.

2-15

•

12-31
12-31

40C

preferred (quar.),,——
Gardner Electric Light, com. (reduced)

1-15
12-31
1- 8
12rl0
12-31
1-16*
12-15

3-1
6- 1
6- 1

(quar.)

—

(quar.)

1-27
1-15
2- 1
1- 4
1-11
2-1
12-15

12-31

1-15

(quar.)—,,.;

$3

12-31

30c

:

—

—

1-15'

$1(4
$2(4

',$1(4

—

;—-

preferred A

common

preferred

Below

pfd.

(Canada)

Co.

Gardner-Denver

A

5(4

•

Washington Ry. & Elec., 5 7o

"

;

3-12-43

1-15
1-11

pfd. (quar.)"

conv.

Wheeler Corp.—
.
prior, preferred (quar.)
prior preferred (quar.)
prior preferred (quar.)

$1.20 preferred

1- 9

,

;

preferred

57o

class

RR,

Cincinnati New Orleans & Texas Pacific Ry.-—
.

;

1- 2

(accum.)

preferred

Refining & Chemical

$4.50

1-

25c

Washington Gas Light Co.,
$5

2

1-15

50c
87 (4c

(year-end)
(irregular)—.
—

7%

12-28

1-20

70c

—

Bond, $2 cum. A

Waltham Watch,

1-5
12-19

2-10

Insurance

Oil

1-20
12-31
12-30

50c

——;

Osage

12-29

(s-a)

Eastern: Illinois

Quarterly
Quarterly
Quarterly

1-11

5

Y.)

Chickasha Cotton Oil Co.

12-21

25c

77c pfd. (accum.),
(year-end)
Industrial Alcohol (quar.),-i.—wu„,,
Fire

12-31

20c

Co.

Extra

&
(initial)

12-26

$$1

(Omaha)

Chicago

12-31

1-

?

;

4-1-43

(quar.)

(Mt. Vernon,

Co., 5(4

Froedtert Grain &

12-31

1-15
1-15
2-1
2- 1

Chefford Master Manufacturing,^,,^—5c

1-20

12-31

„—

Holding

Chase National Bank (N.

12-26

$2'a

,„_i

■Foundation

'
?
12-31
12-31
12-24'
1-1
12^28

,

/Central West Utility

2

12-31

Bobbin & Shuttle,

Valley

12-15

1- 5

(quar.),,

(year-end)
Troy Sunshade Co. (quar.)
Union Oil of California (quar.)
Union Mfg. Co., $6 preferred (quar.)

Central Patricia Gold

12-12

2- 1
1-15

1-15
' 1-15

$1.18'
$1(4
$3c,
30c

Central New York. Power,

01- 5'

$1(4

'

Co., 4% 7o pfd. (quar.)
5% pfd. (quar.)-^
Mines (quari)^ii__j^

Central Kansas Power
1-25

1- 5

(quar.)

Trion Co.

Home

12-21

1-15

Super Mold Corp. of Cal. (quar.)__,^,__,
50c
Taylor-Colquitt Co.
(quar.)
50c
Thomson Electric Welding
(year-end)75c
Tokheim Oil Tank & Pump
/
25c

Utah

12-19

12-21

Year-end

S.

lrlO

1-5

6(4

12-28

-

,

$12(4c
$$1%
$50c
2%
$1 (4
$1(4,

Light & Power (s-a)
Canadian Pac. Ry., 4(4 non-cum. pfd. (s-a),
Canadian Southern Ry. (s-a),_
Carolina Clinchfield, M Ohio Ry; (quar.)_„„
Central Aguirre Associates,.—.1,,^
"
37(4c:
Central FdUridry Co. linitial)^-^,^—^' 10c

12-19

1-15

6(4,

~

1-30

$$1(4
v

Canadian

12-14

12-28

——

Superheater

U.

1-10

•

$50c

Investments, Ltd.—
Registered shares';'(quar.)^._—Canadian Industries, 7(4
preferred (quar.)

!

1-10

75c
$2.(4

Consolidated
Corp
Telephone,
common
preferred (s-a)__
Spicer Mfg. Corp.. common (reduced)
$3 preferred (quar.)
'
Stoney Brook RR. (reduced)—,—
"
Sun Oil Co., 4(4 7c class A preferred (quar.)

(Hartford)

1-11

Canadian General

2

1-15
1-11
12-30
12-28

Bank

1-11 '""12-21''
1-15
12-31

.

3-18-43

"

75c

2-1

$44cv
$$1 ;

,

1-15

4-1-43

3C

80c

1-11

7%

2- t

$l'/a

2-1

——

12-26

$1

■■

,^,1—,, ^

Harbison-Walker

12-23

75c

(quar.)

2-15
1-15

1-25
1-15
1-15
2-15

1-4

1-5

•

£i Co. (quar.)—.
Sons Co., common (quar.),,
preferred (quar.)
'•

National

6(4

2-22
1-30
1-30
;l-30
12-30
12-19
12-19

1-26.

1-15

75c '

75C

1-11

12-15

1-

3- 1
2-15
2-15
2-15

1-15

3-15

/

2-1

12-23

1-

'

1-15
12-31
3-5-43 2-23-43

1-12

12-28

$3.00

iWm.)

Fishmart (M. H.)

1-16
1-2

'

$3.50

Guaranty Trust Co. (Canada) (quar.)
i
Halle Brothers Co., $2.40 conv. pfd. (quar.),

5

37 (4c
37(4c
37(4c
$13A
15c
50c

67c

S.

1-

25c

7%

Southwestern

U.

5

75c

—;

Process,

Southwest

U. S.

•

,

1- 4

-4-43

50c

1- 8
2- 8

—

12-29
1-

2- 1
1-15

2- I

-

6c

$1.00

General Mills, Inc.

..

$lJA

(s-a)—

Quarterly

12-31

1-15

2- $
'

First National Bank, of Pittsburgh (quar.)
First National Bank of St. Louis (quar.):

1-11
12-31

1-15
'

'

(extra

participating preference (acoum.j
Canadian Celanese, Ltd., foreign receipts,,,
Canadian Converters, Ltd.-(quar.)
Canadian Fairbanks-Morse, 6(4 pfd. (quar.)

1-11

20c

Preferred

Southern Franklin

Union

1-15
12-18

3714c

Works

(quar.)
Southern California Gas, 6% pfd. (quar.)__

Traders

1-15

'

(year-end)3c

General, $6 pfd. (irreg.)—
$1
(irregular)
$1.16%c

preferred

South

1-15
1-15
; 1- 2
12-21
1- 4
1-14
1-15

1- 5

:

12-31
12-31
1.1- 6

$13A

■_'■"■•

First National Bank

12-28
12-31

12-31

1-15

6%

5(4 preferred (quar.)—$$1(4
Canadian Car & Foundry—

2-15

^

Royal Typewriter Co., common—";—
77o
preferred (quar.)
Russell-Miller Milling, 47 pfd. (s-a)

9

First

1-15

3-

'

Fireman's Fund Insurance1 (initial new com.)

"

2-15

1-15

$iy3

(Marshall)

4% (4

12-20
12-31
12-31

______

9

1-

Field

Filene's

1-15
1-15
1-15

.

12-31

1

25c

Co.——,^_„

Extra '

Cordage, $1.39 pfd. (quar.)
J32(4c
Hydraulic Co. (quar.)
30c
British Columbia Electric Ry., 5(4 pfd. (s-a)
2,(4%
British Columbia Power, class A (quar.)—
$50c
British Columbia' Telephone—
,
67o 2nd preferred (quar)
$$1(4
Brompton Pulp & Paper, Ltd. (quar.),.
$25c
Broulin Porcupine Mines,,
$3c
Brown Fence & Wire, class A—
$1
Bunte Brothers 5(4 preferred (quar.)
$1(4
California Packing Corp., common (quar.)—
37(4c
5(4 preferred (quar.)—^
\
'Li:
62(4c
5(4 preferred (quar.)—62(4c
Callite Tungsten Corp. (irregular)—:
,'
10c
Canada Northern Power common (quar.)—
$15c
7%
preferred (quar.),,——————
$$l3/4
Canada Starch, Ltd., common (irregular),_
i50c
7(4 preferred (s-a),,_^^_—$$3(4
Canadian Bronze,
commor) (quar.),——^
$37(4c
■Extra'
$50c

•

1-15

$25c

C.) —

12-31

:

$ 1 \'A':

-

(Syracuse,

Foster

$1
$$1%
$$2
50c
tl5c
$62(4c
50c

Cleaner

—

1-22

1
1
I
8
.1-15

Brantford

1-11

1-20
1-15
4-15
1- 2
12-31
12-31
12-31
1-15
3- l
3- 1
2- 1
2- 1
2-19
1-12

; 2221-

■

Bridgeport

12-19

Pittsburgh, Cine., Chicago & St. Louis RR—
:■-■-; (s-a)

*

Extra

12-16

12-

•

—

11-25

1-25
12-26
12-28

62(4c
$1
■
7c
12(4c
$1(4

1- 8

1st

6 (4
preferred
(quar.)
Fidelity-Phenix Fire Insurance

1-15

12-28

12'/2c

-

,

•1-25

.

UOc

1-15

12-26

(s-a)

3-15

$l'Va
"

'

N. Y.) (quar.)
Federal Services Finance Corp. (D.
■; Common
(quar.)
uLiL.

6-19

12-19
6.-19
1-20
1-20
1-20
1-8
12-1
1-29
12-31

1-30
1-30
1-22
1-15
3-2
2-1

4-1

.

Farmers & Traders Life Insurance

$20c

12-18

1-15

22c

;

$2

'■Eureka-' -Pipe Line—^
Falstaff Brewing Corp.^ 6(4 preferred (s-a),"

12-30*
12-31
12-23
1-20
12-31
1-21

1-15

12-29
■ 1- 2
12- 4

7- 6

.1- 6
i 7- 6
1-30

12-15

preferred (s-a)^u_,—_-_—;
6(4 2nd preferred (s-a)____—_ :
Empire Trust Co. (N. Y.) Xquar.),,

1-15
1-15
1-15
2-1
1-15
2- 1
2-1
1-15

1-1

2- 1
2-1
2- 1

7(4

12-19

75c

•

—

$2.50 prior preference (quar.),
Atlantic Refining Co., 494 pfd. A (quar.),,,
Avondale Mills (monthly)
Backstay Welt Co. (quar.)
_„•—
•
Baldwin Company, 6(4 preferred (quar,)___
Bankers Securities Corp.—
■
6(4 partic preferred (accum.)—'—
Barber-Ellis of Canada 7(4 preference (s-a)
Bell Telephone of Canada (quar.)——,
Benson. & Hedges, $2 convertible pfd. (quar.)
Biltmore Hats, Ltd. (quar.)—
Blue Ribbon Corp., 5% preferred (quar.),,
Boston Edison Co. (quar.)
;
Bralorne Mines, Ltd. (quar.)—,,,—_____

12-21

.

Vacuum

Ely & Walker Dry -Goods, com.

12-31
12-19

$2.25
$2.25
15c
$1(4
$1(4
$10c
57c
$1(4
$2(4

>

12-26

Electric
;

12-30
12-15

,

—

—,—

5% non-cumulative preferred
Atlantic Rayon Corp.—

12-26

12-24
1-25

'

-

;

preferred

■

1-15
1-15

50c
1-15
75c 7 1- 6
$1(4'
1- 6

—_____

12-22;

12-28'

$2
$1

;

com. (initial)
(quar,)—,,
$5 preferred (quar.)
Anglo-Huronian, Ltd. (interim)
Anglo-Iranian Oil, ordinary (interim),,,,,_
Atchison Topeka & Santa Fe, common,,—

67c

:■

$1(4

1-15

1-15

"

regis,—
Electric & Musical Industries, Ltd.—;
Ordinary registered

12-15
l- 5*

of Rec

2-1

$l3e

.

de Nemours—

Amer. deposit rets, for ordinary

conv.

Anchor Post Fence Co.,

11-25

'

-

1- 5

1-15
2- 2

$2.25

(s-a)__-

—

1-15
12-30

1-15
7-']
■\-7-

•:

;
(s-a)

preferred

i- 5
1-15

2-1
1-15

$1 (4
$1(4
:

12-31

1-15

(E. I.)

Holier>

Payable

$$134

preferred (quar.)
'
Duquesne Light; 5(4 preferred (quar.)^-,„i
Eastern Steel Froducts, Ltd. Xquar.)
Eastern .Township Telephone (quar.)-i,^,_:i, .*
El Paso Electric, 6(4, pfd. (quar.)
." 7(4
preferred >A (quar.
Electric Bond & Share, $5 pfd. (quar.),,,,
26 preferred (quar.)
Electric ■& Musical Industries—

2- 8

2- 1

Pont

pfd. (quar.) '
7(4-preferred (quar.) ,preferred (quar.),

$4 (4

12-15

1-11

;

$1(4
30c
37(4c
25c
30c

;

(s-a)*

preferred

1-15

2-15

15c

'

$4.50

12-29

12-26
12-28

$1(4
$1(4

•

(quar.),—-—

$4.50

12-19

Co.

Du

——i.

—

Common
;

12-24

12-31
12-31

—

(s-a)
—
(quar.)
Perfection Stove Co.' (year-end)

Sloan

1- 4

American Tel. & Tel. Co.

12-19

11-30

Traffic

;.$7

,1-15

Extra

40c

.

Peoples Telephone

■

$1.06(4

Dominion Tar & Chemical, 5(4(4

Inc—

$4.25 convertible

'

Pan American Investment Fund—

•

Duplan Corp., 8(4

■

preferred A (s-a)- $3 \h.
preferred B (s-a)
$3V2

Extra

Penn

1-16

Co. (San Fran.), 4%
preferred (quar.)
Amosxeag Co., common (s-a)--.

1-15

(Year-end),
' ■ v 30c
Orange Co. Telephone (annual)
i__——
$6
Outlet Co., common (irregular)
.L-,
$lJ/4
6% 2nd preferred (quar.),,—-$1%
Pacific Finance Corp. (Cal.) pfd. A (quar.)
'
20c
Preferred C (qUar.
i
16l/tc
5%
preferred (quar.)
.—V,——i~~~-,J
$IV*
pacific Greyhound Lines—
*
'
$2.50 convertible preferred (quar.)..;
87,/2C
Packer Advertising Corp. (quar)
'•
$1
Pacolet Mfg., common (s-a),„.:,i
-';■, 40c

7%

2- 1

preferred

American Trust

12-29
12-30

■

7 7a

12(4c

1-15*

1- 1
12-30
1- 2

$2
$2
(Roanoke, Va.)—-:

(quar.),

(quar.)

When

thare

Dominion Textile Co.,.

"

—

'—

'•

Old Dominion Fire Ins.

1- 9

;

—

12-31

1- 2
1- 2

.

,,

,

1-15

common,,,

—,

.

5%

5c

preferred (quar.)
American District Telegraph (N. J.)—
57o preferred (quar.)
American Export Linesi 5% preferred (quar.)
American Fidelity & Casualty (quar.)4i—^,
American Fork & Hoe 6%-preferred (quar,)
American Light & Traction, com. (quar.),,,
%70 preferred (quar.)_.i,
American Maize Products,- common^,,,^-,American News Co. (Bi-monthly)
American Rolling Mill Co.—
4(4 7o convertible preferred (quar.),—L__
American Sugar Refining, com. (year-end),
American Telephone (Abilene, Kans.), 5(4
;
preferred (quar.)

1-30

•

Per

Name of Company

of Reo.
12-31

:

12-21
1-

Holiere

Payable
1-20-43

American Airlines,

12-1

Minneapolis Gas Light-—77 r * ■■■■'■'■
-::
5% partic units (quar.)—
$114
1- 2
12-19
Moore Drop Forging—->• ::./,:■/'::'"Vr'::'.V.
1-20
6% non-cumulative A -(quar.)———
$1^2
2- 1
1-2
Mount Carbon & Port Carbon RR (s-a)-—- '
$1JA
1*14
•Mountain States

ehare
:

15c

12- 1

—-

Per ■'; When

■

.

of Ree.
12-19

3-1

2- 5

25c

1-27

12-15

1-21'

6V27o

preferred (quar.)—————
Liquid Carbonic ■ (quar.)
4V2 %

preferred A

Little Schuylkill

Loft

Candy

(quar.)"———

Navigation River & Canal—

Semi-annually

—

Corp.

(initial)

Louisville Gas & Electric
-•;

-ClassB' (quar.)

—

:

.

.

———^

(Del.)—

THE COMMERCIAL & FINANCIAL CHRONICLE

Per

share

Name of Company

Louisville

Gas

Common

5%

Electric

&

(increased)

preferred

5%

MacAndrews

6%

(R.

&

(quar.)—

preferred

Margay Oil Corp.
7 %

&

Field

Field

SOc

(quar.)__—_—

'

Extra

(quar.)
(s-a)

of

Hat

Corp.,

Porcupine

$6 pfd.
Ltd.

Mines,

Telegraph

(Philip)

(quar.)_

Mutual

Investment

Mutual

System,

8

12-30

of

.

Blvd.

Bank

Lines
Gas

Class

1-30

1-15
1-15

148c

1

1-15 i

(quar.)—

New

England

Telephone

Tel.

Tel.

&

Central

adj.

Standard

12-31

Standard Fire Insurance

2-

1-15

RR.

preferred

Ry

Class

1-15

12-30

1
1

1-16

1-15

12-31

Steel

12-15

1

1%

30c

#

1-15

1-

2

1-15

1-

2

2-

1

1-15

2-1

5c

$iy2

$i

,

1-23

________

$i

8

4V2 %

1-15

$iy2

1-15

12-31

1-15

12-10

:■

$1

$1V4

2-1-43

Industries

$iy2

2-

1

■

Gold

1-15

Fruit

5V2%
6%

Public

1-15

12-31

preferred

(quar.)—

5-15

1-15-43

(quar.)—.
7%
preferred (quar.)
Northern Ontario Power, Common
6%
preferred (quar.)

1

2-

1

1-15

2-

1

12-30

,

A

1-20

3-15

3-

3-1

Pacific

Ry

1

1-23

Northern States Power

(Del.)

preferred

1-10

preferred

3-

2-15

1-29

2-

1

2-

1

preferred

(accumulated)

6%

preferred

(accumulated)

$5

preferred

Norwalk
7%

Tire

pfd.

O'Brien

Old

(accum.)

1-20

1- 7

y 1-15

$30

1-15

$l'/4

2-

12-31

22-

.

1-

5

12-

1

15c

•

1

$10c

12-31

1

12-17
1-

1

1-15

12-31

$iy8

2-15

$iy4

2-15

(resumed)

common

all

arrears)

,1-15
2-

1

Mines

12-31

(interim)

+3c

1-16

25 c

;

1-15

Pacific

Gas

Electric

&

■

_____

(quar.)___

Pacific

Tel

50c

Paterson &

Tel.,

6%

Hudson

Paymaster Consol.

River

6%

Ltd.,

1-15

$75c

50c
;

.

2-1
3-

53C

1

2-15

4-

.

50c

1-15

?

2-

1

3-

1

53c

4-

1

2-

1

25

5

(quar.)

12-31

6%

1-11

6%

1

(quar.)

Pressed

Steel

4-

1

4-

1

5

$1%

1-

5

12-10

$1(4

1-20

12-31

15C

1-20

115c

2-

5-

3-

12-31

1

25c

1-20

Co.,

Power

6%

Co.

15c

1-15

80c

B

(irregular)

(quar.).

1-15
1-

12-23

preferred

Reading Co.,

2nd preferred

(irregular)
A (irreg.)

:w—

(quar.)_

preferred A (quar.)

——_

________

pfd.

$1.50

Rollins

Co.,

convertible

common

(quar.—_
(quar.)

preferred

Hosiery Mills

1-15

$1(4

2-27

2-

25C

2-25

1-26

11-25
1

20c

1-27

(quar.).
(year-nd)




12-28*

1-4-43
4-1-43

10
2

3-10-43

1-4-43

50

12-10

25c

12-10

2

the

Non¬

source.

income

tax.

$ per Share

400

11-10

1-

1-15

3-10-43
6-10-43

5-25-43

$iy4

1-15-43

1-2-43

4-15-43
7-15-43
1-15

10

10

Park

Transit

'

Co.,

Hot

,

45 lot
and

to

,

preferred—

Urbainz Corp. of Penna., preferred
Ninth National Bank & Trust Co

100

r

;

1-

41 lot

___l lot

7-2-43

17 Vac

1 lot

.40 lot

15 lot

8

69th St.

Terminal Realty

(no par)

201

2(4

Co————

2 lot

:

BONDS

Per Certt

2

$3,000

1-12

lot

Co., common—26 lot
Rail Road Shares Corp, common (no par)
20 lot
J. E. Curran Corp., common (no par)
Hot
J. E. Curran Corp., preferred (par $100)-—2 lot

6 '/a

4-2-43

$l'/4

4'A*

&

Fairmount Park Transit

225

2-25-43

40c

Fairmount

,225

12-23

40c

Land

3%

.

—

15

9

87'/2C

$ per Share
.

—

211

12-23

Thos. Conway, Jr., Corp., deb. 7s, 1932

Hot

2-

1

3-

1

2-20

$500

Merion Cricket Club, deb. 4s,1958 reg—

2-1-43

1-16-43

$100

Merion Cricket Club, deb.

4-17-43

$2,000

$1

$1%
37j/2C

3?y2c 5-

1-43

4

•

37y2C 8- 2-43 7-17-43

_

39 lot

1958 reg—10 lot
Fulton Flatbush, 1st 6s. 1948 C-D___
—.1—•—
22 lot
4s,

Philadelphia Transp. 3/6s; 2039 scrip—;———_

76

•

1-20

12-31

1-20

12-31

1-20

12-31

$2%

5-1-43

4-20-43

$2ya

11-1-43 10-20-43
2-11

1-14

___

1-14

12-24

$5

1-15

12-30

1-15-43

1-2-43

FOREIGN

EXCHANGE

RATES

CERTIFIED

ssV'.:

different countries of the
.

.

'

,

,

RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
25 TO DEC, 31 INCLUSIVE '
<

1930

BY ' FEDERAL"
DEC.

Noon

Country and Monetary Unit

;

Dec. 25

Argentina, peso-

$'. ;v
Holiday

;

Free

•

,

Fret'_____

•

-

•

Free_

.060583*

i

Colombia, peso_—__
England, pound sterling—

Dec. 31

:■

$

.237044*

'.297733*

■

■.297733*

.237044*

3.228000

3.228000

3.228000

rf ' yy '

;

-.237044*

3.215033

3.215033

3.215033

3.228000

•

,

V:

.060586*

3.215033

.060586*

.051525*
'

.051500*

.909090

,909090

.879296
'

.572200*

•

/.
-V

V

.882265

.051525*

.909090

.909090

.884609

..

884843

.572200*

..

,572200*

y .;V: .060586*

.051450*

.060586*

.572200*

4.035000

Free

(British), rupee
Mexico, peso—

Holiday

4.035000

4.035000

4.035000

4.035000

4.035000

.301215

.301215

.301215

.301215

.301215

.205725

—

4.035000

4.035000

Official—

.205725

.205725

.205725

.20572^

,,

/

••

•'

.

•

•

4.035000
,

4.035000

•

Newfoundland, dollar—

$1%

1-

4

12-22*

2-

1

1-15

Union of South Africa,

2-20

.572200*

India

$iya

12-26

;

.297733*

%

'

f

•

New

1

-

::

$

V

.879017

12-30

4

Dec. 30

1

5

".237044*

'

.909090

—

—

1-15-43

3-

Dec. 29
"

.297733*

.297733* -V

•

1-15-43

1-

Dec.28

:

.051500*

Canada, dollar—;
Official—
I

1-15

25C

"

::

V:

3.215033

.i—______

2-1-43

37y2C

Dec. 26

-

i

OfficiaL—

2-1-43

9

..

Brazil, cruzeiro—

$5

1-

.

3.228000

15C

1-20

Buying Rate for Cable Transfers In New York
Value in. United States Money

.237044*

Australia, pound—

15c

25c

.

Tariff Act of 1930, the Federal Reserve Bank is now cer¬
4

12-18

5c

125c

(accum.).

6% preferred B (quar.).____
Reserve Investing, $7 preferred
(accum.).___
Reynolds Metals Co., 5y2% conv. pfd. (quar.)
Riverside Cement Co., $6 1st
Button

1-15

2-15

50C

Corp., $7 preferred
Regent Knitting Mills, Ltd
Republic Investors Fund—

Rochester

12-15

25C

(quar.)

Reed-Prentice

6%

1-15

20c

(s-a—

—

12-31

4

Official

(quar.—

common

,

at

British

oii^Wednesday* Bee. 16, by Barnes & Lof-

tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the
world.
We give below a record for the week just passed:
,T

Official

5C

preferred

22

12-31

1-15

4

50c

___—

Rath Packing Co., 5%
5% preferred (s-a)

6

1-

50C

.

_

class

__

12-24*

18c

(quar.—_~

common

Less

a

12-23

$2

(quar.)

Corp.,

Class

"

>

deductible

2%.

12-19

t $ 1 (4

preferred

.4

|

1-15

12-30

—

preference

Quaker Oats

125
:

1-

Pursuant to the requirements of Section 522 of the

12-15

(monthly)
6%
preferred
(monthly)..
Puget Sound Power & Light Co.—

Quebec

__

12-19

1-15

:

Radio Corp. of America,
Railroad Employee's

—_

preferred (quar.)—
preferred (quar.)

12-31

1-15

1-15

preferred

prior

tax

Emergency Aid Realty Corp., common
Hot
Andorra .Nurseries, Inc., preferred (par $100)_______
l
American Commonwealths Power, "A" common____
Hot
Philadelphia Bourse, common____—
8Y»
Octavia Hill Association (par $25)——1%
Telephone Securities, preferred
1
3V2*
J. M. Sons Building Co., 2nd preferred-l lot
Christian A, Fisher B, & L. Assn. Book 392, 2nd Ser.
49 lot
Atlantic City Ambass. Hotel, vtc,, common—
c____
2 lot
New York Ambass., Inc., vtc., common
2 lot
Central States Elec. Corp.; common
4 lot
Railroad Shares Corp., common (no par)
26 lot

15

$iy4

—

3

1-14

East Dome Mines
(quar.)
Procter & Gamble Co. 8%
preferred
Proprietary Mines, Ltd. (year-end)
Public Service Corp. of N. J.—

5%

funds,

resident tax,

Foreign Exchange Rates

12-10

•

20c

;

Preston

6%

dividend.

10

12-15

25C

__________________

3-15

1-

$1%

'

175c

(extra—.

_

Car

this

dividends."

1-15-43

65c

75c

iiy2c

Insurance

Mining

Canadian

15% ;

for

12-31

2-1-43

4-20
12-18

1-11

1- 9

closed

10c

Emergency Aid Realty Corp., preferred———I

500

12-15

1-

$7

conv. pfd.
(quar.)
Universal Leaf Tobacco, common (quar.)
Valley Mould & Iron, $5.50 prior pref. (quar.)
Virginian Railway, 6% preferred (quar.)

1

not

accumulated

common

12-21

5

,1- 5

25C

(resumed)

(quar.)
preferred (quar.)
United Stockyards 70c

1-25

i$iy2

partic. preferred

Accident
Gold

1-10-43

25c

(accum.)

$5

2-

1

5

20

—

States Sugar Corp.—
6.4% participating conv. pfd. A (quar.)___
6.4% participating conv. pfd. A (quar.)
$5 preferred
(quar.)

2-

_________

Preferred

Premier

$2%

62%c
37 (4C

1-15

30c

5-

3-1

'

2-20

Scrip Certificate dated Aug. 4, 1937, for 400/600ths
1 shard stock Wilbur-Suchard
Company, Inc.,

3-15

1-20

12-21

,

1-

1

of

_

2-15

1

1-4-43

1-15

2 (4 c

.

class A

1

4-

$8

25c

%

—_

3-

$1

1-21

1- 5

1-15
3-

50c

.

"

common

Wilbur-Suchard Chocolate Co., common—
All right, title and interest of the holder in

66

2-15

58 VaC
.

30C

1-15

$2%

Plymouth Cordage Co. (quar.)
Plymouth Cordage Employees* Stock (quar.)
Power Corp. of Canada, common
(interim—
non-cum.

2-

Co.,

preferred

prior preference

1

-

1-15

1

Improvement
Haverford Land & Improvement Co.'
:
Chicago & Northwestern Ry., old common—

1-15

Plywood Corp.
Smelting Refining & Mining, common.
7% preferred (quar.)___
;____

1

$12

":50c

Haverford

1-19
,v

58y3c

—_

S.

2-

1-15

STOCKS

3-15

58'/nC

S.

2-

'

$14

Tioga National Bank & Trust Co.
-

3-15

53c

(quar.)

$5 preferred

?;

•

*

20

12-24

$1%

$1.10

Full'Fashion Mills, 6V2 % pfd. (s-a—
Pittsburgh Bessemer & Lake Erie RR (s-a)_
Pittsburgh Fort Wayne & Chicago Ry. (quar.)
7% preferred (quar.)
__■

6%

2-15

$i

(quar.)

preferred

2-5-43

2-

(par $25)
Germantown Trust Company (par $10)
Internatlorial; Match Corp., preference C/D

30

20

—

9

'

25

;

12-31

1-15

(quar.)
(clears all arrears—

$iy4

Pilot

1st

12-31

2-15-43

7%

prior preference

t$iy2

*

•

Philadelphia & Trenton RR. (quar.)
Phillips Pump & Tank, class A
'

6%

1-

'

Land Title Bank & Trust Co.

60

•

1-30

United

;. i- 4

1-14-43

35c

(quar.)_
(quar.)—-——

1-15
1-15

Uc

(interim)

(quar.)__.

preferred

12-31

$i

Pennsylvania Power, $5 preferred (quar.)
Peoples Gas Light & Coke Co. (year-end)
Philadelphia Co. (irregular)
Philadelphia Electric Co., common (quar.—
4.4%

12-31

$1%

(s-a)

Ltd.

$1.40 class A

common

preferred

RR

Mines,

12-31

1-15

U.

•

preferred

Peninsular Telephone,

Penmans,

__

1-15

$.iy2

(quar.)
(quar.)
Paraffine Companies, Inc., 4% pfd.
(quar.)_
&

1-15

$1.25

.

Lighting, $5 preferred

Pacific

visits

Leather

Co.

7%
U.

Trust Associates—
Series Trust shares (quar.)_

Canal

&

7%

12-26

Colony

1st

RR.

Class A (resumed)
•'

Gold

S.

U.

1-15

1-15

$2%

___

12-31

in

tax,

of

Shares

1-30
.v,

10c

50c

__.

Foil

12-31

'

$1%

_________

land, Philadelphia:'

1-21

t$l3/4

(monthly)

—

S.

"

1-15

Transacted on: Wednesday, pec. 23, by Barnes & Lof-

8

—

_______

Extra

.

2-1
1-15-43

.

.

Shoe Machinery, common (quar.)
preferred (quar.)
U. S. Fidelity & Guaranty Co. (Baltimore)
Quarterly
U.

20c

preferred

J.

1

,

(quar.$11/2
pfd. (quar.)__
$lI/8

.

'

—_

6%

12-31

1-20

N.

i-ig

.

'

12-31

1-15

45c

■>.

United

1-4

,

$1(4

(clears

prior

75c

.___

(Minn.)—

Rubber,

7%
7%

87t4c

_________

(quar.)

&

12-31

12-31

2- i;

_

5

1-7

$1 v-I-15'.

(monthly)

12-31
12-31

'12-31

,

12-31

3-15

175c

preferred

2-i

1-2

1-15

(par $10)
4
(par $25)___1
15
11
City National, Bank, Phila. (par $50)
10J/2
20
Fidelity Mortgage Guar. Co., preferred-_-—^—»____
1
19
Centre Moriches Gardens, Inc., preferred—
1
17
Centre Moriches Gardens, Inc., common____
l
44
Bonham & Young Company, common
l
15
Bonham & Young Realty Co., Inc., common—______
1
,116/20 Babylon Gardens, Inc., preferred
1
19
Bonham.& Ypung Co.^ preferred (par $100)_;_iwvi_%_
2
^,50
Commonwealth Securities,
4
l
4
Industrial Realty .Shares, Inc., "A" common———
1
5 90/100 Palestine Economic Cp., commoi
2
400
Heclar Extension Mining Company
1
7
Sicilian Petroleum Syndicate, Inc._____.
1
,
200
Ninth Bank & Trust Co.__,_____—VU

12-31

$750
—

(monthly)
(monthly)
(monthly)—

preferred

6.36%

—

7%

Northern States Power

;■

1-9

1-15

Second National Bank, Phila,

10

12-31

31 «/4C'

prior preferred

1-25

$i

1-15

'v

30c
$i»/2

STOCKS

i00

1-16

1-15

75c

prior

1-25

$iy2

,_

(resumed)—;

books

Transacted

.

1-14

i2y2c

.

_,

Northern

pfd. (s-a)
%
$3
(quar.)— —$1%

land, Philadelphia:

,

(quar.)—__—

Light & Railways Co. (Del.)
preferred (monthly)

United

1-20

4V2%

Shares

2-19

1-10

$10c

Ltd.

1-14

$1(4

_________

2-1

1-13-43

2-

12 (4 c

7%

$1%

preferred

1-20

8-14

60c V

12-31

1-14

,

2-1

50c

-

11^.

•

v

SOc

Co._L.________.v— •

(bi-monthly)
(Rudolph) Co.,

1-15

'

.

1

(monthly)
prior preferred (monthly)
prior preferred (monthly)

$1%

______

&

preferred

fPayable

6-15

:f.l0c

Co.

6.36%

Service—

12-31

—2-1:''

$$1V4
1

preferred

7%

C.)

account

resident

9-15

$iy4

prior

6.36%

12-31

$2

y'

2-15

tOn

■

Northern Indiana

12-20

1-15

.

preferred

Mines

6%

1-23

$2

_______

_______

3-15

40c

(quar.)

(quar)

6%

1-30

1st

•Transfer

12-19
12-31

(Trenton, N. J.)—

—

convertible

United

1-15-43

2-19

1-20

1-15

Phosphate & Acid Works

6%

$1

2-15

1-15

$iya

—

pfd.

con.

$5 preferred (quar,——
United Bond & Share

.

United

_____

,

10c

(resumed)

(quar.—_
Tacony-Palmyra Bridge, 5% pfd. (quar.)
Teck-Hughes Gold Mines, Ltd. (interim)
Trade Bank & Trust Co. (New York)
(quar.)
Tuckett Tobacco Co., Ltd., 7% pfd.
(quar.)
Union Electric Co.
(Mo.), $4.50 pfd. (quar.)

12-31

1-

(quar.)

Co., $6 preferred (accumulated)—.

Wurlitzer

Sylvania Electric Products—

12-31

J 13c

V

$iy2

$iy4

■

(quar.)
;___
B,), 8% preferred (accum.)

(John

Sylvanite

1-15

1-18

12-20

$1%

5 %
preferred (quar.)_—___
Canada, Ltd., common (quar.)

of

Sun-Glow

pfd.

(accumulated)
Worthington Pump & Machinery Corp,-—7%
preferred A (accumulated)
6% preferred B (accumulated)
Wrigley (Win,) Co., common (bi-monthly)

12-20

1-15

35c

4

preferred

Stetson

1-15

.

$75c

(quar.)__^_

___

1-15

12-18

Cal.—

(R.

7%

2-15

$iy4

5% pfd. (quar.)
Ltd., class A (quar.)
(quar.)
!
—

Wholesale

Co.

of

"Wood (Alexander & James), Ltd.—

2-15

3-,i.

.

$iy4 a'

(Ohio)

(Increased)
Stanley Works

'

'

_

Co.

'

_—

(s-a)

1-16
2-

$iy2

(resumed)

(s-a)

1-16

.3-1

$iy4

Standard Radio,
B

2-15

75c

Oil

Standard

2-

137 y2c

(quar.)

(quar.)

Northern Central Ry.

12-31

2-

___________

Central

3-24

1

*20c

Quarterly

1-15
'

(quar.)
Dredging, $1.60

Standard

1

75c

Norma Hoffman Bearings Corp.—
7%
preferred (quar.)
—

Northern

1-15

3-

$$iy2
.

(quar.)

$4.50 preferred

12-11*

50c

Co

Co.

4-

25c

Newport News Shipbuilding & Dry Dock—
$5 convertible preferred (quar.)
Norfolk & Western Ry. Co.—
4%

12-31

1

2-15

30c

Water,

6% pfd.,(1897 series)

2-15

37y2C

____

;

com.

12-31

_________

(quar.)

Inc.,

1-15

_

(quar.)
Naumkeag Steam Cotton (irregular)

Brands,

1-15

15c

___________

(Washington, D. C.)

Standard

1-

1

1-18

1-15

___—>

Wisconsin Gas & Elec.,

'2

6

1

2-15

prior preferred'-(quar.)—.

Common

(quar.)

1-15

$1

—__

Participating

Brunswick

12-31

.

preferred series A

50c

Ltd., $1.50 pref. (quar.)_
6% preferred B (quar.)
Money Corp.—

New

.1-15

$5

30c

Co.,

preference

preferred (quar.)
Squibb (E. R.) & Sons—

2-15

1-

3-

8-15-43

2-15

$lVa

•/

•

Wisconsin Electric Power—

1-2

5-14-43

8-31-43

$1%.

(quar.)__

Wilson &

12-31

5.39-43

35c

pfd.

Williams

12-31

>

6

3:

$iy2

(quar.—

(Dallas, Tex.)

3

1-15

1-

$i3/4

1-f)

$iy2

.

common

Co.

(George), Ltd., 5%
Sewing Machines^—

Wichita

1-2

-

2-13-43

Public, Service—

6V2 %

3c

(quar,)...

common

Southwestern Life Ins.

2-

1-15

34 %C iiv

Southwestern

3-

..

—i

12-28

1-15

1-15
12-31

2-27-43

•'

$4 convertible preferred (accumulated)
Wichita Union Stock Yards, 6%

Ltd.—

preferred——

50c

(quar.

National Power & Light, $6 preferred
National Savings & Trust Co.—

5%

$2

12-31

;

1

30c

non-cumulative,

25c

A

Power,

1-15
2-

4

"

.

12-31

1

10c

Grocers,

Lead

2-

Canada

1-

12-31

1-15-43

$i

participating preferred (quar.—
New England Telephone Co.______
Southern Railway Co., 5% non-cum. pfd.—_
5%
non-cumulative, preferred.—

12-31

5

30c

6%

1-11

1-

37Vs>C

Southern

12-11

$1%

—

(quar.)___

Co.

2-

California Edison Co.,
original preferred (quar.)
preferred C (quar—

Southern

White

Ltd.,
(s-a)

Weston

12-18

25C !:%< 1-15

____________

5%

12-18

4

1-15

4-10

$1%

$1%

(quar.—_

_

4!/2%

Co.,

preferred

4

y; $iy2

—

5'/2%

2

1

of

preferred

1-

(accumulated)
(accumulated)

Southern

1-20

2

lc

______

City

1-15
2-

$1(4

Chicago (quar.)
National Bond & Share Corp.—
National Cash Register Co. (quar.)_______—

National Fuel

12-31

75c

_______—

.

1-15

1-15

(quar.)__—

(s-a>_

Co

8

1-15

t38c

.

—

___.

Detroit

Biscuit

1

1-

$1.06 y4

(quar.)___

National Bank

12-

1

50c

(quar.)—%

common

5

$iy2

(quar.)__—

Co.

1-

2-

— 7%

1-

$$iy2

(s-a——

preferred
B

Penn

'1-

25c

preferred (quar.)
convertible preferred
(quar.)
2nd preferred (quair.)

) 6%

1-29

Grocers,

Pipe & Steel

130c

convertible

6%

6-20

5c

Inc.—.—_—__

Fund,

Inc.,

preferred

New York

6%

8

$1%

(quar.)_____2_____.______|

$L50

12-30

8

West

U5C

Paper Mills, 6% pfd. (quar.)-'

series

(quar.)^
Power

Western

12-18

4_2o

_________

preferred

preferred-

1-20-43*

$4c

Southeastern Greyhound Lines, com. (quar.)
6% non-cumulative, preferred (quar.)

i

1-

J2c

preferred

National

2-

12-31

7-

Mount Diablo Oil Min. & Developmt. (quar.)

National

:'?•

25c

—

& Co., common

Mountain States Tel. & Tel.

National

1-

$iy2

—

4 Va

conv.

2-15 y
.1-15

$iy2

(quar.)—

(quar.)

(Howard)

Sorg

Electric, 6%

1-20-43*

$1 Va

_

common—

Solar Aircraft Co., 50c conv. pfd. A

Paper, 6%

7%

$i%

common—

1-25

$3

(quar.)___——

$3

Smith

Corp.,

1-20

X3c

(quar.)

preferred

National

12-31

Rayon

1

(interim)—

Light, Heat & Power

National

1-15

Skenandoa

Canada,
(interim)

1-30

(extra)..;—_

common

Ltd.

414%

National

1-15

47o-6%

Water, 7 % pfd. (quar.),
Society, class A
Montana Power Co., $6 pfd. (quar.).——
Montgomery Ward & Co., common—______

8%

1

(quar.)__

$3y2
.

of

Co.

(Quebec)

preferred
preferred

West Penn

2-1-43

1- 4

$i3/4

preferred (quar.—:• '
(quar—--___________ 'O'

Western

(s-a—

2-

Loan

%

2-

,

i-

1- 5

3-10

1-20

4';,^;

—

of Rec.

8-20• V.

"'$134

,

7%

2-1-43

$1C

Williams

Mines

Juice,

$1

(s-a)

$1 Va

Monongahela Valley

Morris

Sigma

$3

Petroleum,

Montreal

Sherwin

12-31

(quar.—

Holders

Payable

SI—

(quar.).—___________

$l»/a
•

When

;share

common___

7%

12-31

X

.:

Grape

Co.,

1%

12-31

1-15

1-15

preferred

Welch

.

—:

12-31

$3

1-15

preferred

7%

i

-

______

1

i30c

v. V

25c

$3

$ 1 V-i

(quar.)

•'

Security Storage (Wash., D. C.) (year-end)
Sheep Creek Gold Mines (quar—

12-31

2-

t$iy2

(quar.)_

(quar.)J_——

2

(s-a)

preferred

1-15

y2 c

■

Detinning

7%

2

25c
■

.

2nd preferred

35c

—

Chicago (s-a)_—
i':—_________I

*

Merrimac

Montreal

7%

$3

62

————__

1-

22%C

(quar.)_
,

(irregular)

Co.—

preferred

Extra

_____________

(Boston)

Bank

Mill

Monroe

1-20

28c

———_____________—

Bank

Mississippi Power & Light,
Moneta

6%

12-19

__

common

5

1-

jName of Company

.

Vulcan

Scruggs-Vandervoort-Barney, Inc.—

12-19 ;

U7y2c

Paper

Co.

1-

1-15

$75c

.

,

12-19

9

1-15

Semi-annual

City

1-

1-15

(accum.)

$4 preferred
(quar.)—
—
$4V2
preferred (quar.———______Li

12-31

J20c

—_—

(irregular)

6%. pfd.

(quar.)

Diego Gas & Electric,
preferred (quar,—

1-15

Per
-

1-.5

|25c i-V' 1-15

(accum.)

5%

12-30

1-15 V.

25c

'

Trust

RR.

Co.,

Nat'l

San

of Rec.

1-20

$i

Corp. 4% cV. pfd. A
Paper Mills,' 6% pfd.

Monday, January 4, 1943

Holders

Payable

■'

•;vV 12 (/»c ■-V

(quar.—

Schwitzer-Cummins

12-31

■'> 1-15

37V2C

(quar.)___—

Corp.,

Nat'l

Merchants

12-31*

12-31*

1-15

'

5% pfd. (quar.)—.
Melchers Distilleries, Ltd., 6% participating
preferred

1-15

.1-15

50c

60c

Scott

(quar.)—
McColl-Frontenac Oil, 6% preferred

Merchants

Lawrence
Lawrence

___

Corp.

Stores

St.
St.

Associates—

preferred
Valley

Stores

12-31
12-31

& Co.

Utilities

McCrory

1-15

When

share

—

•

___________—

Paper Co.

1-15

3>/2%

Massachusetts

McLellan

Croix

—

(quar.)_

Investors

McCall

St.

Co.—

(Marshall)

partic

12-31

$iy2

—

(quar,)

Ltd., common (quar.)_

Massachusetts

Massawippi

1-25

•

Pump Co.

$1.25

(quar.).

preferred series B

Marshall

5%

Y.)

Calculating Machine

Maritime Tel. & Tel.,

See

—:

(N.

Trust Co.

convertible

$2

Marchant

Name of Company

of Rec.

31 (40
___—

class A preferred

Manufacturers

50c

■

(quar.)
common (year-end)_

Forbes,

C.)

Per

Romec

_i~._

—-—_

($25 par)

preferred

Payable

Holders

.

(quar.)

preferred

Mahon

(Ky.j—

Co.

When

:

38

Official—

,909090

—

Zealand, pound

Uruguay,

.909090

.909090

.909090

.909090

.876666

pound

.879791

.882291

.882291

3.227833

3.227833

3.227833

3.227833

3.980000

i

.876666

3.227833

Free

3.980000

3.980000

3.980000

3.980000

peso—

Controlled

___.

Noncontrolled
•Nominal

rate.

.658300*

.658300*

X58300*

.658300*

.653300*

.527425*

.527340*

.527340*

.527340*

.527340*

;

COMMERCIAL &

THE

Number 4139

157

Volume

39

FINANCIAL CHRONICLE

Week

West

•'

A.:' \'V Clearings—Returns by Telegraph A/'A

1

.

"iA •"■'•.

A'

'

..

New

A—;

830,835

412.7

533,543

500,608

5,277,000

—14.3

54,587,753

3,528,000
44,080,198

46,490,380

7.7

+

5.7

2,433,000

1.090,515

1,426,370

Carolina—Charleston—1,602,355

South

1,699,480

98,311,800
31,818,636

100,443,061

—

2.1

86,387,060

73,016,310

31,333,926

+

1.5

28,122,308

22,829,073

195,991,369

194,172,655

+

0.9

164,057,479

146,359,886

Maryland—Baltimore
District of Columbia—Washington.Total

(6 cities)

—

Sixth Federal Reserve District—Atlanta—
Tennessee—Knoxville

AA^'; A' ''A A;' .'.''AAA > V.' -A \1''

;'•

$

936,741
4,525,000

———

Richmond——

•'

6,435,100

A_______

Georgia—Atlanta

1,860,135
37,832,478

'

18,804,306

76,100,000
1,583,346

62,300,000

—31.6

1,550,001
31,426,000

39,152,872

A_A____.A_:A—

Macon

Florida—Jacksonville___i._____AA+

21,355,466

9.4

.f-

2,721,195

""l.SOO.OOO

41,634,278

Augusta

'AAAA.| ChiCagO___AAAAAA
A A^AA: 'A 316,306.080 .A. 361,928,451'—12.7
v
AA.'AAa Philadelphia—A————_A__AAA——
420,000,000 ■■■■■■ 490,000,000 —14.3
AA• '• '
Boston
:
1
AAA
" '." 275,619,758
257,249,050 "+' 7.1 AAV.:'• A
A
"-AA
Kansas CityA
A—A. A—134,254,591
125,149,320 + 7.3
:A'AaA
St. Louis
A
;!
:
__AA
A 118,200,000 ./A 122,200,000 — 3.3
A-'<;
San Francisco
A
____-.__._Ar—-—
224,424,742
',
165,470,000
+35.6
*•'.
Pittsburgh.—' 187,943,708
211,675,065 —11.2
Cleveland——
—A—.
176,754,893 A 154,769,197
+ 14.2

5,208,314

5,338,867

—17.6

30,249,703
97,200,000

—16.9

7,740,141

24,916,975

88,100,000

Nashville

Week Ending Jan. 2—aA AA- "v.. 'A'A 1943'.; :
A.
1942 A.-" rAv A. A; ...A1
York-—AAA—•• $3,543,651,218
$3,325,053,152
+ 6.6

A'-A'AA

1939

$

58,796,837

Virginia—Huntington

Virginia—Norfolk

inary figures compiled by us, based upon telegraphic advices from the chief cities of
the country,4 Indicate that for the week ended Saturday, Jan. 2, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will
be 3.7% above those for the corresponding week last year.
Our preliminary total
stands at $8,339,209,521 against $8,040,559,371 for the same week in 1942.
At this
center there is a gain for the week ended Friday of 6.6%.
Our comparative sum¬
mary for the week follows:
A'

1940

Deo. 7o

Fifth Federal Reserve District—Richmond-

Prelim¬

show an increase compared with a year ago.

Bank clearings this week

26

Inc. or

$

THE COURSE OF BANK CLEARINGS
t

Dec.

Ended

1941

1942

'

1,515,736
'

3.2

1,144,447

946,447

+ 20.4

23,451,000

19,512,000

6.0

30,556,182
2,096,453

24,781,654

—

•

•

„

Alabama—Birmingham

—

—

__

Mobile
v

._.

_

Total

100,553,881

"123,505,365

A—A—A———i

3,426,421

+

24.4

161,759

147,029

+

10.0

58,578,511

+ 22.8 >£3;

—
266,809,009
'••■V.':.*•'X';)•,

■

274,673,279

$5,520,660,365

1,141,890,900

A—_A \

—

_AA—A...

Total all cities, five days.

.

,

$5,314,048,116

1,150,707,252

Ten Cities, five days

.

.;A\.A other cities, five days

All Cities, one day

_AA—A A

$8,040,559,371 /++

Lansing—

in

2,838,535

Bend-—

we

able to give

are

Total

this

show

an

6,545,326

21,895,319

20,474,635

1.437,533

+

34.8

11,421,534

10.307,267

+

5,304,299
409,330
386,654,706

4,556,913
420,527,800

1,377,657

1,829,737

4.254,036

furnish

we

4,239,134

OF

:

Week Ended

$

Federal Reserve Districts

12

.

2d

New

York,.

12

3d

Philadelphia

10

11

M

6
Atlanta

4

.

9th

Minneapolis

««

359.995,605

194,172,655

+

0.9

164,057.479

146,359,886

176,881,69$

202,910,261

2.9

,-

238.634,383

216,129,597

+10.4-v

161,805,281

y

274,673,279
513,257,285
134,004,428

+

20,7

.A 103,822,852

i«

«i

6

«•

10

190,700,353

+ 22.8

140,414,714

5.0

—

409,129,633

*"•

■

now

add

152,535,044

A.

37,375,229
20,973,815

15.0

28,378,300
441,000

+ 10.4

162,992,442

152,535,044

—

121,300,000
56,607,877

37,534,720

687,000

238,634,383

1,117,211
1,269.930

216,129,597

+

48*6,000

4,517,021

3,364,468

3,762,128

25.6

67,590,789

66,947,017

+

8.6

25,439,283

25,390,318

2,904,359

2,225,885

1,960,303

1,228,510
1,207,833
5,546,321

1,010,317

+19.5

728,317

616,594

3,768,044

+

47.2

3,638,265

2,979,313

161,805,281

—'

—

15.8

+

35,569,715

2,863,532

;A

——

+

85,885,659

38,621,208

—

3,901,691

107,820,856

A—_——

A

(7 cities)

134,004,428

+20,7

103,822,852

102,348,677

+ 76.2

1.4

—

964,643

27.4

+

;

835,845

693,004

+ 11.9

68.950,135

+

8.5

244,513,126

6,879,211,075

+

6.2

5,923,096,981

5.895,877,360

3,637,562,520

3,449,917,085

5.4

2,725,690,836

382,767,068

+ 27.2

298,050,922

80,561

121,821

+ 10.4

132,400

121,871

2,563,542

+

13.3

2,743,197

2,299,791

40,607,637

+

45.2

30,166,653

27,743,402

2,314,956

+ 45.2

1,784,915

6,357,140
154,881,786

4,921,978

+

29.2

3,558,269

2,914,593

134,944,652

+

14.8

97,607,426

90,893,817

5,368,481

3,771,896

+

42.3

3,079,948

2,611,819

860,919
683,151

525,060

+

64.0

546,027

489,080

770,224

—11.3

711,505

565,140

234.041,044

190,700,353

+ 22.8

140,414,714

129,778,644

2,296,847

A

:

————————

A!—

A

—

—

274,969,709

Joseph__;

——

158,587

2,058,570

2,624,095,331

486,898,536

84,374

214,662
"175,000

St.

233,608,821

7,308,807,287

District—Kansas City—

2,905,708
58,948,993

Hastings—

Missouri—Kansas City„—A--_—

+

detailed statement showing the figures for each city for

Pueblo

Total

(10 Cities)——'

the

"1941

1942

Inc.

or

1940

■

A

—A.—-

—

2,010,406
91,299,184
*12,500,000
2,868,000
A" 1,273,557

—12.5

1,206,361

1,530,786

80,130,151

+ 13.9

55,173,885

56,726,000

11,922,835

+

4.8

6,361,664

+

4.0

6,052,506
2,246,000

2,757,000

2,668,000

1,598.808

—20.3

855.867

870,003

4,359,538

+ 23.3

3,415,516

2,614,106

———115,327,247

103,065,179

-+11.9

68,950,135

70,770,559

40,593,160

34,875,258

Falls—„——

1939

,

Dec. %

$

$

-A

Louisiana—Slireveport-—5,376,100

Wichita

at—

District—Dallas—

—

Fort Worth—

26

Dec.

-—_.

Texas—Austin

Galveston

Week Ended

A

Springs

Colorado—Colorado

week ended Dec. 2-3 for four years.

Clearings

93,700,000

40,773,142

s——

Dakota—Fargo

Wichita

70,770,559

103,065,179

333,801,543

32 cities

our

93,400,000

14.3

0.5

District—Minneapolis—

Eleventh Federal Reserve

We

17.6

+

——

A

Dallas
•

+

—18.7

Omaha

417,057,866

•

A

162,992,442

;

115,327,247

a

,

417,057,864

0.4

—

Kansas—Topeka—AAiAAA_——3,645,204

129,778.644

—

362,286,838

;A,;A

cities

111

409,129,633

790,000

Lincoln

■

10

5.0

64,714,318

Nebraska—Fremont-.
;

:

102,348,677

234,041,044

l«

7

.

513,257,285

30,530,065

Tenth Federal Reserve

413,939,930

381,118.953

1.4

266.809,009
if if

A

1,020,285

487,514,594

...

Paul

Total

3.392,728,701

449,699,233 J::

+ 14.2

—

487,514,594

Z u

17

.

3,312,770,055

548,704,713

497,305,909

195,991,369

A-,

'•AM

10

.

7.2

541,276,007

,

340,086,838

1,014,112

298,877,937

567.948,766

*•

368,078

332,498,899

3,598,669

142,600,000

Minneapolis—A—

A

$

305,832

8.1

+
—

3,458.261
1,549,377
1,332,401

1939

$

+

3,563,573,630

A'.:?*

1940

11.9

—24.8

365,926

—

A—_.

(4 cities)—

Helena-

282.718,098

3,380,073

—17.6

Montana—Billings

2.3

10,007,702

2,069,811

South Dakota—Aberdeen—A—I—.

+

8,786,774

3,217,865

1,769,435

Louis

Ninth Federal Reserve

North

Inc. or

951,902

10.8

+ 16.4

1,457,344

Minnesota—Duluth
St.

: A Dec. %

309.822.504

3.820,360,097

.v-'.'T

•

7

6th

1941
:i $

:

•

316.812,652

cities

1,163,909

>

2,059,229

14

(17 cities)——

Total

CLEARINGS

1942

26

Dec.

BANK

.

Illinois—Quincy

by Federal Reserve Districts:

summary

a

SUMMARY

—_

Tennessee—Memphis

District of 11.9% and the San Francisco Reserve District of 8.5%.

following

•

Kentucky—Louisville

by 0.9% but in the Atlanta Reserve District the totals are smaller by 2.9%.
The
Chicago Reserve District suffers a loss of 5.0% but the St. Louis Reserve District
a gain of 10.4% and the Minneapolis Reserve District of 20.1%.
The Kansas
City Reserve District has to its credit an improvement of 22.8%, the Dallas Reserve

In the

1,881,313

5,447,335

14.1

Eighth Federal Reserve District—St. Louis—

that in the New York District (including this city) the totals
increase of 7.2% and in the Boston Reserve District of 2.3% but in the

•enjoys

*

19,173,000

2,238,209

33.9

A-

Missouri—St.

it appears

Philadelphia Reserve District the totals record a decrease of 1.4%. In the Cleveland
Reserve District the totals are larger by 14.2% and in the Richmond Reserve District

-

18,929,000

6.9

—

+

—_

Springfield

at this centre having recorded a gain of 7.2%.
We group the
cities according to the Federal Reserve Districts in which they are located, and
from

Moines—

Peoria

bank' clearings

2,295,972

0.5

—

2,633,101

+

Rockford-

ings for the whole country having amounted to $7,308,807,287, against $6,879,211,075
in the same week in 1941..- Outside of this city there was'an increase of 5.4%, the

+ 17.5

2,416,408
22,895,000

6,321,171

Decatur—________

the final and complete results for the week previous—the week
was an increase of 6.2%, the aggregate of clear¬

1,205,362

1,938,323

Chicago

For that week there

ended Dec. 26.

3,207,104

1,515,125
1,990,425

25,298,294

—

City
Illinois—Bloomington

Accordingly, in the above the last day cf the week in all cases has to be estimated.
in the elaborate detailed statement, however, which we present further below

474.464

3,350,383

8,462,342

i.

Sioux

Saturday and the Saturday figures are not available at time of going to press.

ends

436.407

7.0

—

28,864,053

Haute

Iowa—Cedar Rapids
Des

7.8

+

2,077,300

22,780,120
2,451,908

Wisconsin—Milwaukee

Complete and exact details for the week covered by the foregoing will appear
our issue of next week.
We cannot furnish them today, in as much as the week

176,881,692

+ 21.8

767,366
3,743,089

2,529,423

—

Indianapolis
Terre

120,562

41,778.074

202,910,261

2.9

—

707,422

Indiana—Fort Wayne

3.7

1,914,099

120,454

41,169,046

4,004,333

Grand Rapids—

South

;

District-r-Chicago—

Michigan—Ann Arbor

$6,455,939,016
+ 3.3
1,984,620,355.-16.0

$6,671,367,617
1,667,841,904
$8,339,209,521

'Total all cities for week

3.9
+ 14.2
+

!'.■

.

Seventh Federal Reserve
,

4,263,333

,

k

Orleans

(10 cities)—

'

A—

—

62,586,357

:

Mississippi—Vicksburg
Louisiana—New

.

1''

Baltimore

.

A:Ar' ;'$

Total

^;

(6 cities)—

First Federal Reserve District—Boston-

3,660,698
*'

Massachusetts—Boston—

727,681

Lowell—;—:

402,436

Springfieldl

: ;

!

Worcester-—

■

:A-A—AAA

New

Islands—providence

6,170,411
17,891,900

13,655,100

-

A.A.

:>

595,997

495,616

Hampshire—Manchester.

■T.\

Total

<

...

—.

n

,'r

-I

•

t
A

;

Yakima

680,688

+

13,878,087

41.3

13,793,824

2,220,313

San

'

+

11,733,600 '
484,260

31.0

—16.8

4,662,888

4,404,055

2.2

—

.

A'

Francisco

San

:

Jose

»

A_

—

Santa Barbara

11,309,400

Stockton

—_—

837,356

767,210

22.6

34,709,778

31,545,034

24,021,878

+

20.3

19,289,874

16,303,394

7,046,735

—45.7

3,115,192

—35.4

2,555,193

2,605,529

180,761,008
2,887,300
974,252
4,355,009

184,097,000
3,553,882

1.8

137,599,000

139,335,000

—18.8

2,324,434

2,150,929

1,507,683

—35.4

1,064,363

1,201,097

2,273,882

2,056,644

—

3,509,567

+

3,266,086

24.1

2,768,726

413,828

V
2.3

+

30.4

48,809,146

2,011,112

Pasadena_——-—

35.7

+
+

28,905,703
3,825,334

California—Long Beach—

?

+

1,189,887

59,837,615

Utah—Salt Lake City_—

657,753
3,078,453

■

56,950,473

1,551,670

—„_—

Oregon—Portland

394,466

3,387,800
>2,425,333

4.5

77,277,835

Washington—Seattle—.

-

309,822,504

316,812,652

(12 cities):

i6:7

—

—13.5 V

2,902,043!;

14,296,758
6,310,288

20.200,228

New. Haven—

.Rhode

338,047

A

'

2,509,935

—

Connecticut—Hartford

7.0

1.3

*

3,602,569
?

A

,780,650

723,485

+

799,560

932,845

3,441,034 A

.

2,115,025
258,890,621

+

376,141

A New Bedford-—---AAA—.

2,236,383

241,674,685

+ 31.2
—

847,165

Twelfth Federal Reserve District—San Francisco—

617,881

694,510

49.2

—14,1

263,071,070

Fall River

V

+

2,791,026

259,522,537

Portland——

;

574,787

857,331

Maine—Bangor

Total

298,877,937

■282,718,098

362,286,838;

(10 cities).

Grand Total

A

fill cities)—

Outside New York

7,308,807,287
3,637,562,520

333,801,543

+

8.5

244,513,126

233,608,821

6,879,211,075

+

6.2

5,923,096,981

5,895,877,360

3,449,917,085

+

5.4

2,725,690,836

2,624,095,331

Second Federal Reserve District—New York—
New

York—Albany——__
Binghamton
—.—

•

.

5,346,165

+

1,215,457

+

52,100.000

45,000,000

8,237,678
—

Elmira__;
Jamestown
'<

New

'•

892,666

31.1

552,328

537,011

—11.6

820,069

909,422

7.1

3,197,406,145

3,271,788,029

7,871.210
'3,793,184

+

+

9,782,054

+

2.6

8,577,717

•+

4.5

4,736,414

7,565,174

+

18.3

24,902,414

24,543,988

+

1.5

4,907,166
381,501
19,982,959"

35,893,186

A

Jersey—Montclair__

33,893,017

+

5.9

32,607,428

'-•>■
A-"

Northern New Jersey

______

398,445

'

•

353,668

Week

+ 12.7

3,683,429
~

•-

499,689

Total (12 cities)—.

>

3,563,573,630

3,820,360,097

+

7,.2

3,312,770,055

A

Canada—

Pennsylvania—Altoona
1

Bethlehem

A

,

Lancaster—

Philadelphia
1

___—

+

7.8

3.1

331,295

1,579,466
536,000,000

—11.0
—

:

—_

„:

Wilkes-Barren

Saskatoon

1,146,882

957,260

3,367,800

93.8

+

1,471,404
•

9,049,400

1,109,185
7,639,200

Total

(10 cities)

1.4

548,704,713

541,276,007

449,699,233

413,939,930

;

—

Cincinnati
Cleveland

_

A_.

Columbus

Mansfield—

;

Youngstowtl——
Pennsylvania-r-plttsburgh——
Total

(7 cities)




3,312,614

2,941,967
94,657,437.;

.

—11.2

82,326,144

,+ 15.0

67,294,082

60,942,854

2,134,035

19.8

124,636,681

127,063,693

+ 12.5

10,466,200

9,744,100

4.8

1,893,259

1,723,116

201.131,573

167,945,678

+

12,535,500

11,143,400
2,056,595

+

1,956,871

2,816,440

3,651,228
226,870,250

+ 23.5

3,303,019

;+10.3

170,709,272

155,359,790

567,948,766

497,305,900

+14.2

A 381,118,953

359,995,605

19.056.430

14,483,786

4,756,112

+

26.3

+

4.9

3,747,359
2,615,085

4,141,120

3,485,559
7,332,383

+

0.9

5,604,699

5,409,005

6,639,280

+ 15.9

5,345,424

5,109,192

1,975,204

+ 30.0

1,698.613

1,876,514

+

17.0

2,252,278

1,281,947

2,523,389

+ 20.5

2,761,970

2,238,405

5,175,435

+ 61.4

3,527,851

3,299,610

4,258,693

+ 49,1

3,400,713

3,306,565

473,198

+

6.6

277,319

45.1

461,738

396,153

1,709,861

249,362

646,878

+

1,383,393

+

39.6

1,033,641

1,087,940

+

35.6

476.139

542,174

+ 26.9

750,049

807,82 5

i;017,914

+ 16.6

719,352

615,183

889,589

+ 26.1

655,760

560,285

482,678

—

961,313

398,736

+

21.1

284,058

175,163

965,653

Westminster
Medicme Hat-

New

712,468

1,122,177

Fort William-

715,529

+ 35.0

670.345

531,984

977,321

775,087

+ 26.1

594,544

——

Sherbrooke—

:-

—

629,805

—

Moncton—

1,299,236

1,168,770

+

11.2

965,641

974,864

4.057,333

—

3,790,290

+

7.0

2,767,923

2,496,520

+

45.8

—

608.902

Prince Albert—
—————

Kingston———*———

417,773

294,789

280,727

1,140,693

1,154,904

1,2

814,015

760,942

2,781,063

707,083

+ 293.4

496.140

472,088

—

—■—

948,483
451,808

+ 90.5

1,271,963

1,144,827

+ 11.1

486,898,536

382,767,068

+27.2

610,198

—16.9

860,575

Chatham

Sarnia

2,673,120

788,471

537,753

444,776

388,601

765,813

1,090,179

298,050,922

274,969,709

•

3,028,617

250,215,048

52.1

966,144

Windsor—

Fourth Federal Reserve District—•ClevelandOhio— Canton

13,564,573

+

1,219,917
1,186,464

Kitchener——,—
'

43,435,311

15.311.429

35,368,487

—

Peterborough,

33,495,231

62.9

938,596

Moose Jaw_^—

1,574,524

89,156,324

42.4

+

1,931,400

Lethbridge—

Brantford—

"•

23.4

+

18,807,318

504,272

:—

1,747,774

—29.7

6,526,200 -

Brandon

A

Edmonton

2,332,576

—17.8

+

39,879,069

8,352,834

Regina

1,362,809

1,270,187

•

104,312,592

6,349,708

350,890

398,000,000

•' +

2,195,037
3,040,241

John

2,105,931

.+

2,042,065

Jersey—Trenton

432,000,000

• ■

2,567,897

Calgary

439.301

1,030,458

•

86,276,392

7,697,040

7.1

1,100,323

2,166,097

1,044,276

Aj-

1,195,333

$

96,995,276

7,399,511

+ 16.0

1,276,570

'

New

2.1

14.0

1939

6,007,243

333,286

.

V

+

—

Halifax—

573,531

+

1940

.VA;, $

3,657,524

Ottawa-

Quebec

462,648

—13.3

695,574'
531,187

-

*750,000
.

2,318,991

Reading

York

419,555
'

547,626

525,000,000

____

Scranton—__

A.

1,406,363

.5.

;

128,609,990

Dec. %

53,792,846

London——

-363,916

—

—

Chester-.*—

$

56,785,634

Vancouver—

40,076,049

District—Philadelphia—

':fe

24

75,443,274

128,739,432

-4-

Winnipeg—

Victoria
Third Federal Reserve

Dec.

Inc. or

30,633,788

Montreal—

St.

$

146,576,940

Toronto

21,509,251

3,393,728,701

1941

1942

Hamilton
V

Ended

899,063

36,000,000

4,659,144

—•

Newark

1

3,429,293,990

1,061,101

36,400,000

4,871,052
8,950,489

AAA

—

.

1,009,820

-

26.4

+ 15.8

10,038,243

;

Syracuse

Connecticut—Stamford
New

A

AA 3,671,344,763

York—

Rochester

;

911,153

1,194,923

6,162,364

5,337,227

54.1

■> 1,536,238

,

AA.-

Buflalo

4,510,370

Total

(32 cities).

^Estimated.

THE COMMERCIAL & FINANCIAL CHRONICLE

40

Cumberland County

(Continued from page 8)
earnings per

of

rate

Rental

$1,801,095, charged to expense and the ' net value or
property retired during the year,
$109,424, exceeded the new con¬
struction; which amounted to $1,272,951.
The more important items of new construction during the year were
the enlargement of the San Diego, Calif., packing plant, expansion of
cheese
making and egg drying facilities in various produce plants
and new smoke houses, office building, sewage disposal plant and other
improvements at the St. Paul packing plant.
Food rationing of the civilian population became necessary with the
increasing demands of the armed services and lend-lease requirements. ;
Meat
rationing/which became effective Oct.
1, 1942, limited the
amount of meat a packer may distribute through his civilian outlets;:
compared with the corresponding quarter of the previous year to these
amounts;, pork 75%, beef 80%., veal 100%, lamb and mutton 95%.
These quotas have since been lowered to*
pork 70%, beef 70%, veal
*70%, lamb and mutton 75%,
The civilian use of fats and oris also
preciation,

of the Department of Justice

brought
against meat packing companies.
Among the pending cases is one
charging conspiracy by 82 packers and certain of their employees and
addition

in

,

.

pending

three

to

previous year have been

the

in

hams.
Of the new indictments one was commenced at Denver alleging that
the defendants, The Cudahy Packing Co..
other packing companies,
and certain livestock interests had entered into an agreement that they
would no longer purchase lambs at the ranches at which they were
produced but would confine their purchases to the public market
Meat Institute

American

the

:

Four

fix the price of Easter

to

Another

commenced

was

and alleged that the packing
con¬

at Sioux City

defendants, including this company, had entered into a

company

by which each agreed to buy a certain percentage of 75% of
the hogs offered for sale at ,the public market at Sioux City.
The
remaining two were commenced at Chicago and have to do with the

spiracy

One of them was diiected against various chee&e
chain store organization and packing companies, including

marketing of cheese.
a

concerns,

It alleges that the defendants engaged in a conspiracy

this company.

to

fix

prices

to

defendants

the

be paid for cheese.
The other involved certain other
this Compaq, and other meat packers.
It alleges
conspired to fix prices to be paid by dealers to cheese

interests,

cheese

producers.
The

!

commenced

suit

appeal

An

at

has

Denver

been

dismissed by the

was

Consolidated

by

taken

Income

Oct. 31, 1941 Nov. 2, 1940

$- •".

and operating revenues—.

344,075,052 240,095,694 194,069,395

Cost of sales and operating expenses

profit on sales—

Provision

for

22.859,949

134,335

Contrib.

10,901,764
1,883,224
1,606,513
134,360
6,083,023
94,182

99,539;

1,734,525

employees' pension fund

to

profit

Operating

income

Miscellaneous

^

Total income

8.318,572

6,177,205

3,704,301

1,101,314

Other charges

—:

985,917

96,805

373,161

1,004,262
79,022

*3,768,171

1,165,810

504,794

3,352,282

3,652,317

2,116,223

—_——

for inc. & excess prof,

Prov.

income

Net

—"

—

Dividends on

7%

preferred stock—_

Dividends

of

Shares

common

ing

of

6%

preferred
stock

($30 part

Earnings

taxes..

—

240,000'

stock—

404,013

400,731

income

467,489 M

div.

Pfd.

of

95,479

$148,929

$1,367,525

$1,636,546

$121,461'

and

profits

excess

Period End. Oct, 31-

$384,565

$386,843

132

Crl,493

Cr741

7,003

8,955

105,786

"$107,682

$878,667

$1,148,151

$29,164

$349,973

$349,976

Other

$16,667

$16,737

$200,071

$200,848

the

Federal income and excess profits

forth
for

the Revenue Act of

in

Other

1942

without

are

amortization

lease

of

or

for possible deduc¬
facilities, or deductions

war

156,

1941,

and $200,848 for the

Railroad

have

Co.

been

removed

Int.

In 1942 such appropriations are being made
for common stock at the rate of $200,000 a

R.

Electric

O.

trainmaster

general

night

Dexter,

Charles R.

Hoboken,

at

N.

J.,

will

be

promoted

to

to succeed Mr. Hartshorn.

to assistant

1

Rio

&

from

ry.

from

.

income

(Jess

taxes

in

taxes

1942

credit

post-war

of

to

$1,717,247.

$38,000)

totaled

$2,050,925.

the

272,216

646,759

415,945

>.

28,328,607

23.891,855

'

5,047,070

4,240,819

3,733,031

2,226,686

1,328,542

Cash

—

—.—

and

Accounts

receivable

inett—15,916,605

Inventory
Special deposits under State Compensation Acts

Lake

Ry.—Earnings1940

$2zt,434

103,242

64,908

134,448

85,581

153,512

94,657

Net

$275,645

2,227,255

803,037

561,797

595,379

539,256

1,070,372

798,709

2,115,582

832,082

724,159

2037.

investments

♦Fixed
'

assets

Prepaid

debt

Deferred

J

:

discount

charges

526,862

23,929,576

from

330,402

and

.

398,099

......

:

—

438,000

229,547

expense

38,709

54,715

21,742

>

27,991

43,425

1,078,464

753,320

784,846

811,405

414,578

162,292

215,314

217,503

75,537

308,534

income...

RR.—-Earnings—

?:

1941

$384,747
197,594

165,984

41,446

$323,595

$317,515

70,146

/<r

K

178,927

181,368

>

Employees'

accrued

income

pension

fund

Sinking

and

Federal

fund

for

Minority

4%

post-war

interest

preferred
preferred

in

and

other

Earned

taxes...

1,124,384

1,398,811

550,000

%

current-

Sept. 1, '55

debs., due Sept.

793,030

756,687

510,928

for

this

company

President,

permitting

first-grade

made

was

announced

that

share

corporation
the

on

29

capital stock, par

with

compares

Dec.

on

paid

$2.40

350,000

425,500

17,707,500
4,187,500

July

on

15,

1941.—V.

77,007

74,373
2,000.000

2,000,000

6,550,500

6,550,500

14.024.670

par)——_

14,024,670

2,968,643

on

156,

products.—V,

to
156,

company

list
p.

and
1688,

Legal

;

4,612,869

to
Jan.

holders of record
2 and extras of

Dec.
20

31.

cents

.

of

6(4%

1940

1939

$7,700,715

2,493,751

2,405,104

$7,459,561
2,249,888

2,292,193

V 1,388,347

1,309,693

1,192,741

97.806,829

78,917.288

74,165,605

income

of

$1

32,846,606

22,612,646

20,178,731

20,062,251

12,565,968

10,702,960

made

was

Co.—$1 Dividend—
has been declared on the capital stock,
holders of record Jan. 15.
A similar dis¬
issue on Nov,
2, last,
compared with

share

per

to

1

this

on

May 1 and Aug.

1, 1942.—V. 156, p.

1325.

1942

1941

$873,767

$311,049

53,669

operations.

officers'

44,010

salaries.—_

fees..

3,868

7,354

61,384
174,160

111.073

...

—:

Provision

for

for

loss

———...

depreciation

of

fixed

—

;

assets
(Sekani

50,741

inventory of Aircraft

on

31,345

—...—--—

482,145

27,096

$98,541
$0.77

$39,429
$0.31

accounts

receivable,

and excess profits taxes—

for income

Net

■

profit

Earnings

;

...

—

v:

share

per

Balance

Assets—Cash

Sheet,

29,

'

has

been

declared

inventories

profit

June

'

V

the

bank,

30,

1942

$20,041;

on

Aircraft,

Ltd.),

(Less reserve for depreciation of $438,755), $331,-

$31,646;

loans,

liabilities, $1,351,311;

Associated

(Canadian

investment

$1,899,928;

deferred charges,

total, $3,811,589.

$1,114,253;

accounts

taxes payable, $572,720;

5%

payable

and

accrued

notes, $66,600; capi¬

(par $5), $639,000; earned surplus, $67,705; total, $3,811,589.—
V. 156, p. 1325.
tal stock

Co.—Earnings—

1942—Month—1941

Operation

1942—12 Mos.—1941

$947,256

48,208

$1,063,092
606,679

7,048

3,949

74,442

57,837

16,912

220,175

199,303

$16,225

$13,629

$161,796

$120,717

2,456

4,188

44,679

68,896

$18,681

$17,816

$206,475

$189,613

6,333

?

$82,698

57,756

revenues—

$95,608

14,579

Operating

5,000

69,333

60,000

$12,816

$137,142

$129,613

-

Maintenance

..

Taxes

569,400

.

oper.

Non-oper.
on

in

partially completed contract, $300,000;
(less amounts billed on uncompleted contracts of $10,586,-

accrued

$1,062,424;

Fall River Gas Works

1941, and an initial of $1.20
:

and

hand

on

Period End. Nov. 30—

a

1324.

p.

1941

$8,932,212

1952.

payable Feb.

Interest

Dividend—

year-end dividend of $3.40 per
$40, to holders of record Dec, 17.
This
Oct. 20, last; $1.20 on July 15, 1942;
paid

Co., Ltd.—Interim Dividend—
dividend

C.)—

S.

122,207,099
44,908,949
22,671,544

railway

Liabilities—Bank

known on

revenues__

income

(net)

ordinary

registered shares, par £1, payable Feb. 1 to holders of record Dec. 17.
Payments during 1942 were as follows.
Feb. 2, an interim of 6(4%,
1, a final of 83,4% and an extra of 1(4%.—V. 153, p. 834.

Balance
Retire,

...

accruals-

res.

and Aug.

Gross

3.817,662

6,387,316

—_____

interim

income...

from

Net

Distillers
An

2

on

1942

railway.._

dividend

050;

1,000,000

___

($30

The

paid

were

railway.... $11,300,969
4,453,708

p.

$50,

462),

the

Ward

Montgomery

consumer

$1.20 regular and $2.40 extra on Dec.

17,357,500
4,045,000

1950

1,

adjustments...

surplus
surplus

Capital

3,967,116

subsidiary company..

stock
stock

stock

Common

4,831,014

expenses

First mortgage stock fund bonds due
Reserve

$6,207,500

reserve

payments,

Conv. sinking fund

$11,458,500

—

...

payable

for

Reserve

7%

1,773,592

3,376,510

Discount Corp. of New York—$3.40

payable

Accounts

6%

channel

Phillips,

Devoe

(Charleston,

Years Ended June 30—

$72,724,534 $64,974,001

Liabilities—
Notes

2,225,515

2,934,220
1,363,086

3,978,336

1,987,128
694,475

agreement

an

selected

each

94,151

Raynolds Co., Inc.—New Sales Outlet—

reached

had

payable Jan.

both

$166,500; fixed assets

S.

Co.

■V."

3,783,411

income;.

E.

Insurance

railway.——

oper.

Provision

2037.

when

28

1951.

1939

1940

25.744

distribution

new

16,120,075
5,109,659
2,863,279

7,353,159
4,293,617

recently declared an extra dividend of 20 cents per
semi-annual dividend of 50 cents per share on

type)

167,492

railway-

p.

5,330,050

regular

cents

oper.

Profit

123,152

128,633

$320,201

income

oper.

2,645,061

RR.—Earnings—

156,

Prov.

1942

Devoe &
A

Dec,

handle
Total

30

Executive

railway

156,

11,139,644
...

Fairchild Aircraft, Ltd.—Earnings—

$109,835

31,371

35,828

railway

from

594,137

19,858.089

50 cents per share on Feb. 2,

$95,996

$82,744

50,161

income

oper.

*194,700

26,729,826
10,807,990

1939

1940

1941

1942

$115,965

24,567,144

478,139

—,

insurance

Unamort.

355,786

$2,153,738
1,050,858
670,312

Eureka Pipe Line

par

29,664

„——

1939

961,489

*98,959

p.

stock,

from

A

2037.

p.

ry.

1940

$2,196,440

152,5G8

2,090,097

2,588,042

income.

from** railway

Net

1941

$2,431,419

30,943,399

...

Fire

the

from

ry.

—V.

railway

from

—V.

1862.

$2,781,222

194?

156,

nom

ry.

Net

82,415

Detroit & Toledo Shore Line

13,121,215

156, p.

271,662

railway..

from

Gross

128,646

oper.

provi¬

From Jan. 1—

1939

v-?

income...

railway..

156,

Net

include

July 1 in both 1941 and 1942,-—V. 156, p, 79.

Eric

$254,025

from

Gross

taxes

income

(1941—none).—V.

November—

Net

1941

1942

railway
railway

from

22,673.427

26,378,933

—

Other

$3,108,360

$5,037,848

——_

notes

1J)41

Federal

profits taxes of $573,383.76 for the 12 months
(1941—$181,150.16)
after
deducting estimated

...

railway...
income.

of

on

Gross

From Jan. 1—

1942

for

above

excess

1942

railway-

capital

$277,103

p.

$561,426

22,948,096

6,324,634

16,220,055

Salt

&

oper.

ry.

•

Federal income and excess profits taxes
been restated to give effect to the provisions
applicable during the respective periods.

oper,

Extras

railway.

from

Net

$472,955

purposes

railway...

and

share

From Jan. 1—

ry.

65,636

67,501
(Del.)

have

shown

31,

directors

679.975

railway

from

Gross

1941

Oct.

The

1939

$2,432,551

-

Assets—

and

"Loss.—V.

1940

Detroit & Mackinac Ry.—Earnings-

Net

23,850

requirements

Acts

ry.

834.812

November—

Gross

$627,062

...

——

to El Paso Electric Co.

comparative

tribution

Net

$540,457

„

dividend

from

Net

$2,483,999

2305.

oper.

156,

Net

Consolidated Balance Sheet, Oct. 31

...

Extra Distribution—

20,699,898

...

from

ry.

327,611

$650,912

(El Paso Electric Co, of Del.—

from

1941

48,867,576
...

oper.

from

Net

264,883

$540,457

ry. oper. income.
From Jan. 1—

railway
railway.—

from

ry.

22,628
$64,689

Net

each

income

p.

from

ry.

21,930
$50,645

Revenue

Gross

156,

From Jan. 1—

Net

(public).
!

from

537,990

$3.29

amounted

$978,523

from

$3,119,178

1,879,490

railway-

Denver

467,489

S6.57

708

$805,340

November—

Net

Net

—V.

Dr44,541

$87,317

amort,

Gross

at Toledo, Ohio, was promoted,

..

railway-

156,

Net

Dr5,28G

$72,575

—ii—V

amounts

2,886,657

..

income

oper.

ry.

Net

Drl,904

1942

Net

general freight agent at Chicago.—V.

1942

oper.

from

Net

$977,815

the

$5,729,687

„

railway-

From Jan. 1—

Gross

$849,880

Elgin Joliet & Eastern Ry. —Earnings—

Grande Western RR.—Earnings—

railway-

from

—V.

$92,602

♦For

was

general agent at Chicago, was transferred, Jan. 1,

November—

Net

$74,479

Equitable

Denver

Net

404,246

revenues...

oper,

&

for

2305.

Gross

426,373

post-war credit of $58,655

yardmaster,

Hartshorn, general agent,

effective Jan.

Net

34,926

ending

trainmaster.

general agent at Toledo,

Net

394,984

35,285

—

sion for estimated

Mfg. Co., below.

terminal

Thexton,

Ralph G. Carlson,

Gross

788,559

.

Charles

p.

44,609

taxes.

Balance applic.

of

promoted, effective Jan. 1. to superintendent of the Morris and Essex
division, to succeed Perry M. Shoemaker, who became general super¬

to

414,939

96.322

income

Preferred

Delaware, Lackawanna & Western RR.—Promotions—

terminal

435,792

taxes

The

intendent.

34,805

Interest

for

2128.

p.

Crocker-V/heeler

Joseph

238,935

36,574

Balance

C. W. Liquidating Co.—New Name—
See

261,748

Balance

adjustments

defense

Portland

from

of comparison.
earnings available

year.—V.

19,734

1941, for additions to reserves in connection

30,

purposes
from

1,484,172

22,355

...

Balance

1942.

charges of $16,737 for November,

the

$3,915,092

1,645,798

periods applicable to the year 1942 have been computed

months ended Nov.

with

$4,406,150

a/c
...

estimates

Income

Mos.—1941

$351,867
125,129

♦Federal

financing expenses which will arise through the proposed merger.

12

.

income—net ■%__

Net

$29,164

liability for excess

any

(Texas)—Earnings—

102,293

.....

has

$213,712

1942—Month—19411942—12

...

Depreciation

"$327160

that it

123,349

$182,773

surplus.

$405,709
140,695

revenues

Maintenance

141

...

reserves

and

111,425

1862,

p.

Operation

lease

for

stock

common

El Paso Electric Co.

71,337

5,242

_

$82,285'

for the

for

Operating

83,242

$32,032

the rates set

at

:

$1,541,067

Notes—The estimated provision for

taxes

'

:

999,388

requirements.

for

P.R.R.

'

393,785
$1,296,188

income

$337,062

$294,198

Company does not consider

8,623

deductions

13

requirements.—_

profits taxes,—V. 156,

117,635
400,871

$142,915
;
6,014

interest—net

Prov.

38,389

28,000

46,127

137,502

73,800

Other

:

56,791?

3,886

10,458

$116,219

interest

—V.

467,489

$5.93

State

Balance

-

——

3,267

—

■

dividend

income

Bond

Net

4,852

16,254

November-r—
and

♦Federal

Balance
Preferred

outstand¬

...

share..

per

915,670

——.

33,837

;a

.......

♦The

tax

Gross

Gross
Interest

34,212

taxes...

84,500

tax

prof,

Non-operating income

3,604,762';

69,275

...

other than income taxes——

Taxes,

17,855,400
10,884,543
1,774,587
1,458,662
132,846

20,608.884

10,919,261
1,822,531

8,249,297

depreciation.

561,159

111,182

taxes

income

operating

Gross
Gross

Sell,, adver.. gen. & admin, expenses

623,253

8,580

than inc. tax

exc

Net

Net

$

$

260,704,578 211,924.795

366.935,001

54,043

November—

•

Net sales

41,528

19,140
23,612

—

—

Interest

310,191

of

,

Federal
Fed.

(J. S. District

Fiscal Tears Ended

Oct. 31. 1942

217,888

356,382

\ 10,885

deprec...

replac.

the

Account,

17,477
?

...

$383,080

17,093
16,295
1,631

income

taxes

$329,229

—_

„:—

•Federal

Other

1941

1942

revenues

Expenses

.

Government to the U. S.
Supreme Court.
This suit is pending.
A suit in which we were not
involved was tried at St. Joseph, Mo., and decided in favor of the
defendants by a jury,
A third suit brought against certain Indiana
packers
and live stock interests
was
tried early this month at ?
Indianapolis.
The decision was in favor of the defendants.
In the opinion of the management of this company and its counsel
these charges are without foundation, and we feel court decisions will
sustain our position in this respect.
Further, at this time of national
emergency we feel we should be left in position to devote ourselves
fully to cooperation with the Government rather than be forced to
expend time, energy and money in defending such accusations.
Court.

209,725

27,670

17,477

taxes

Denver.

at

210,857

Total

Social Sec.-Fed. & State

Fed., oth.

The

in procuring indictments in the packing and in
indictments in which the company is involved

activity

its

industries.

1,900,563

568,730

prop..

munic.

and

State

tions

During the year the Anti-Trust Division

2,040,366

10,165

40,257

for

product for shipment overseas.

other

leased

for

the heavy ^increase

Litigation

210,631

60,516

—

Other

production of canned meats. - This was especially true of canned
pork, which has become a principal war food.
Our production of
canned pork in 1942
was 82%
larger than in the preceding year.Another noteworthy achievement of the year was the perfection of the
process of pork dehydration by our 1'esearch laboratories.
This process
met with
the enthusiastic approval of Government, officials..
As a
result we have been awarded contracts for large quantities of the

$5,874,831

property—leased.

bus

in the

continued

of

Provision

,

,,

major developments of tfye year was

the

of

One
,

restricted.

power

Provision

_

been

$7,197,306

Maintenance

,

has

$566,674

__—

Purchased

1942—12 MOS.—1941

$619,252

—_

(Del.)—Earnings—

12 Mos. Ended Oct. 31—

175,252

revenues

Operation

amounted to $23,929,576, a decrease of $637,568 during the year.
reduction is accounted for by the fact that provision for de¬

This

1942—Month—1941

Period End. Nov. 30—

Operating

.

1942,

El Paso Electric Co.

& Light Co.—Earnings-

Power

(Including Cumberland Securities Corp.)

share of common stock after preferred dividend
requirements.
This rate for 1942 was $5.93 per share, $6.58 per share
in 1941, and $3.29 per share in 1940.
'
The net investment in property, plant and equipment at Oct. 31.

\

Monday, January 4, 1943

Dolphin Paint & Varnish Co.—Accrued Dividend—

income

Interest

$12,347

charges

...

532

638

6,106

6,354

$11,816

$12,178

$131,035

$123,259

105,890

119,126

•

:

Total
*

in

—.......

$72,724,534

i......

156,

p.

special

a

declared
to

meeting

held

final distribution

a

holders of

record

Dec,

Dec

of

22,

date

the

on

stock of

22,

$1.40

1942,

This brought to $17.90 per share

to

1941 and $20,716,848

426.

Culver City Properties Co.—Final
At

$64,974,001

1942,

per

Liquidating Div.—
the

board

of

directors

share, payable Dec. 29,

1942,

account

of

Dec,

21

to

this

After reserve for depreciation of $19,236,244 in
1942.—V.

issue

the total of

liquidating distributions "

$10 par value.-—V, 153, p.

Delaware & Hudson
November—

Net

from

from

Net ry. oper. income—.
From Jan. 1—

Gross
Net
Net

—V.

from

from
ry.

railway
railway..—.

uper.

156,

p.

income.._

was

of

one

on

record Dec.

of

$2

paid

sales

profit

—V.

1941

1940

$2,750,108

$2,240,233

$2,304,277

1,164.441

638,978

619,691

756,584

1,237,483

474,951

428,606

548,991

The

last

income

income

excess

1941

$286,433

—

$253,142
9,634

35,409

23,000

outstd.

$2,886

$0.05

•

com. shares

6,748

$12,409

profits taxes.

....—

$0.01

156, p. 1468.

41,822,256

31,190,490

24,452.409

23,342,124

14,659,191

10,695,065

7,194,253

7,365,663

9,020,816

7,8Jl,'<y8

5,148,000

5,122,900

203G.




East Kootenay Power Co.—Earnings
Period End. Oct. 31—
Gross

1942—Month—1941

earnings

Operating

$66,090

Net earnings
Note—Operating

taxes.—V.

24,930

expenses

100,

p.

$41,160
expenses

1772.

do

not

income

declared

Dividends

-V.: 156,

p.

—

2037.

Firestone Tire

&

$352,693,500, the largest in our history.
This
over our previous sales record of $268,091,826
for all expenses including $10,307,082 for
depreciation and $33,620,874 for taxes, and after adding $3,000,000
to the reserve for contingencies, the net profit was $12,481,129.
Our war contracts have been renegotiated in accordance with The
Sixth Supplemental National Defense Appropriation
Act of 1942, as
amended by the Revenue Act of 1942.
The repayment agreed upon
Is
included
in
the
liabilities and
the profits havq been reduced
Sales

is

in

an

to

amounted

increase

31%

of

After

1941.

providing

accordingly.
1942—7 Mos.—1941

$59,398
20,133

$446,632
175,263

$400,475
128,222

$39,265"

$271,369

$272,253

include

Co.—Annual Report—John
in a letter to stockholders states:

Rubber

W. Thomas, Chairman,

taxes

and

Net

Dec.

1939

$3,687,468

18.

on

1942
:

before

Earns, per share on 243,000

RR.—Earnings1942

railway
railway

accumulations

holders

dividend of $3.50 per share on
the class A stock, no par value, payable
a

Quarter Ended Oct. 31—
Net

Federal

546.

declared

Duro-Test Corp.—EarningsNet

.

recently

previous payment on
15, 1941.
Arrearages as at
Nov. 1, 1942, amounted to $19.25 per share.—V. 149, p. 3870.

Net

Gross

directors

The

income

and

excess

profit

running at full capacity to produce war materials,
equipment is on every fighting front. Buildings
purchased or leased to increase facilities.
A new
factory for the manufacture of airplane wings was built in Akron
and went
into production in October.
We purchased a factory at
Plants

and

have

have been

Firestone-made
been

Newcastle;

erected,

Ind.,

and

leased

a

plaht

at "Dallas," Texas,; for

making

Steel

our

are

has been made
we constructed
and
bomb-loading plant in

a

our

Net

$41,398

$646,921

35,652

435,713

29,136

rents

■'

J

26,300

586

570

6,756

9,447

;

'

ry,

Other

$17,812

income

$2,834

373

income-

oper.

403

;

$175,315

and

better

We

guns.

$102,899

21,830

tracks

continuous

links

belt

metallic

of

25,086

'

$3,237

$197,146

;

■

(

19,424

;

leased

$107,703

-

-

charges

for

Rent

for

J

:

c

.

$2,303

$17,327

roads__

550

550

Interest deductions..—X

,11.656

11.658

Other deductions

493""

X

156,

493

5,421

5,421

$31,709

*$35,923

Food Fair

war

$

1942—4 Wks.—1941

73

a

that

there a^e now in operation

ago.—V.

year

156, p.

A

Consolidated

V.'.

Income

:

1942

.

*{&'

sales

Ret

'

•

1940

'

'

' '

$

Profit

Other

the

76 stores, compared

Interest.f *

"Minority

_

interest

deductions

Misc.
Prov.

672,714

792,644
16,232,808

t2,057,639

2,448,864

•'2,131,870

X.

XXA-taxes

contingencies^

for

72,283

-114,253
158,607 " r- 86,141
19,162,461 °14,262,604
3.000,000
6,650,000
89,994 :

'

X--XJX 12,481,130

51,992

Nov.

11,262,428

8,652,608

2,795,604

2,795,604

._XXX,XX,

2,895,725

2,403,279

1,929,403

for period—
shrs. outstanding

6,831,509

$10)

(par
Eftrns.
1

.X~

—

1,930,811

:■
• ,.;A:xA':
ax./;:,A
Consolidated JBalance Sheet, Oct. 31 (Incl.

;X

V

•

Customers'
held

Other

contracts

3,193,914

»

2,840,141

.

prior

6%

,

$

'

"

,

Common

46,593,400

45,412,900

the

of

19,308,110

Reserves

13,348,765

under

Advances

Govt,

contracts

433,526

payables, accrued items snd deposits on
unfilled ' orders
XU-X
——__-„Al8,463.878
—

State and local

—;-X~A--.

surplus

A'

Total

A

* After reserve for depreciation of

in

book amounts less

tAt

interest.—V.

{Includes

ance.

156,

authorized

Leahy

send

a

156,

letter

to

all

payments

SEC

Dec,

the

Dec.

15,

23

all

32,110.9

collection

securities

the Securities

and

'A A ./'"A..!

.A

•

of

Indebtedness

,A:

:

books

at

stock——

on

against

A

is

29

the

approved,
to

1942

Net

taxes

income

profit

1941

$9,641,883

—

1,108,304

2,107,728

$456,000

$1,135,000

$652,304
;
345,341
.—$1.89

$972,728
344,137
$2.82

Outstanding

Earnings

.X-'..

taxes__——

—-

——

shares

common

$14,361,881

common

per

share

———A.

tin conformity with present anticipations, no provi¬
profits taxes.
{Includes 'excess profits taxes.
Current assets as of Sept.
30, 1942, including $1,471,881 cash and
Treasury-tax notes of $825,0000, amounted to $6;043,470 and current
liabilities were $1,769,648.
This compares with ca&l of $700,833, cur¬
■"After charges,

sion

rent

for

made

is

assets

of

1941.—V.

excess

$6,737,748
156, p.

Eastern

The

unit

first

.

before

and current liabilities of $2,401,867 on Sept,

1149.

November—
Gross
Net
Net

from

from
ry.

railway

railway

oper.

income—.

Ry.—Earnings1941

1940

A

before

Net
Net

,

Utilities

.

to

1963.

carried

$47,000,000;

full

a

cash

—V.

5,401.793

5,521,595

1,554.653

1,556.243

935.166

785,400

713.425

156, p.

2038.




of

of

war

November

1942.

decrease of $719,811 from the October
of deliveries, as expressed in

acceleration

in
of

form

in

part

to

price

exceeded

reductions

said.

A

,

part

representing

Deliveries, for

by

about

in

due

to

October, in part to shifts in
savings passed along to the

$89,942,036
deliveries for the

of

is

November

than

month

announcement

rate

deliveries

that

months

several

October

total
past

two

and,

for

deliveries

months

the
have

$3,000,000,000.' , (Compare V.
AA
.' :
A, -'A ;

15G,
,

.

that

announced

upgrade.

the United States to approximately 358,600.
In
and women are employed in Canada. :V. AAA

in

addi¬

A

r

foi;ge plant, output of which, added to current
make
Chevrolet
one
of
the
largest
suppliers
of

will

aviation
Pearl

forgings in America, began production two days
anniversary and just seven months after
start building, it was announced last week by

Harbor

broken

to

manufacturers

addition

in

its

on

'

reservations,
Lexington

to

.AAA ,:X A.'
■
A:
'."XX
!' " ••
production flow
and types of Morgings produced,
of the Army Air Corps, which -was
Plant Corporation
funds for the
building and equipping of the new plant, Mr.'Coyle said.—V. 156, p.
capacity..

2306.

'

.

•Georgia & -Florida RR.—Earnings—
Period-—

by

proposal

a

Water

Power

Co.,

gold bonds,
convertible sinking
" 1

Dec.

24

dividend

liquidating

of

liquidating dividend

to the

reduction of
,

,

1,

-

the
approximately

permitted

Walnut's

1

,

,

,

Week End. Dec. 21

,

Water's first mortgage 5%

156. p. 2306.

Chevrolet.

to

scheduling

-i

•

<

Operating

out¬

1942:

-AX

revenues

%:■ .'

«.

X ,X

.'■■■

J f-

Operating
—V.

-v

1941

X Jan.
•

Operating

Federal

Fed.

>

30—• A

viV 1942-Ai2

'

,

Mos.—1941:

$3,317,738

$41,497,082

$37,244,562

i,329,329
- 374,250

1,795,933

16,491,111

17,207,193

341,600

4,452,190

3.981,600

1,128,815

depreciation^

386.502

3,760,478

3,288,397

i 1,899,858

5,516,495

2,335,128
85,301

$9,376,949

$10,346,944

-

taxes
income

takes_-<:;

.

-AxXA

profits taxes

excess

;jX

;

1942—Month—1941

$3,762,784

expenses

for

General

,A

1941

$1,598,185

Week End. Dec. 14
' X Jan., 1 to Dec. 14,
1941 XX
1942
1941
.1942
$32,000
$4.4,000
$1,687,969
$1,554,085

.

.-X

revenue

Prov.

M942
$1,726,818

$44,100

Georgia Power Co.—Earnings—
Gross

r-

1 to Dec. 21

;;XX;XX'.'X X

2223,

p.

A

-

$32,300

;

revenues

156,

X

--X

income

■,

XXiXX

income

Net

X

$793,703

311,829

deductions

other

&

$530,390

338,275

$618,561

$455,428

223,005

Gross

in

Aircraft

the

Division

automobile

of

this

industry

to

corporation
convert

to

become

has

complete

the

airplane

Balance
—V.

,v; 223,005

2,676,064

2,698,921

$395,556

$232,422

$2,927,687

$2,699,761

3,773,198

4,948.262

$5,603,751

,

$5,398,682

production of two different planes for the Navy, both designed by the
Grumman Aircraft- Engineering Corp., Mr. Goad reported in his first

statement

public
The

on

the

division's activities.-

new

Eastern

own

Aircraft

undertaken

difficult

the

automobile industry

in

its

shift

to

new

five

division was formed to utilize some

Motors

plants

on

the

Eastern

Two

formerly Fisher Body plants at Baltimore, Md., and Tarrytown, N. Y.;
one was an automobile assembly plant at Linden,
N. J.; another was a
battery plant at Bloomfield, N. J.,
automobile hardware at Trenton, N. J.

and the fifth manu¬
In these five plants,
none of which was easily adaptable
for aircraft manufacture, Wildcat
fighters designed by
the Navy as the FM-1 and Avenger torpedo
bombers designated at TBM-1 now are taking shape at the hands of
thousands of workers, less than 5 A of whom had previous aircraft

building experience.

1941

.

1940

-

1939

-'

$281,739

$439,939

$182,165

63,451

242,481

26,659

43.527

26,035

188,498

5,575

railway—_

4,666,844

3.300.007

2,564,352

2,084.338

railway..,—_

1,856,794

995,123

658.889

330,7131

oper. income—
156, p. 2038.

850,170

470,-789

318,722

-49.132

Net

ry.

From Jan. 1—

from

Gross

from

ry.

XV,

.

Grand Trunk Western
November—
Gross

war

were

:

144,546

from

from

from

Net

60 acres of floor space

seaboard.

....

railway——opeiv income—_

Net

Net

General

X'-.AX' .',.1942
$538,588
-railway--X "

from

Gross

parts for assembly into the completed planes.
conversion was described as. one of the most

by

2223.

p.

November—

v

Net

fact,

manufacturing its
The

156,

Net

„

corporation's announcement further goes on to say:

about a half year after the letter of intent was received
from the Navy, Eastern Aircraft, from parts furnished by Grumman,
had assembled and flown its first airplane.
Now Eastern Aircraft -is
"In

XXXLXXx •'.!

Georgia Southern & Florida Ry.—Earnings-^-

ry.

1940

1939

$2,535,433

$2,305,671

$2,087,694

1,049,708

income_^_

1941

$2,680,000

railway
railway

oper.

!

RR.—Earnings-—

.1942

.

667,838

745.438

545,404

886,153

454.395

500,594

325,066

27.906,000

27.957,745

22,711.911

19,614.615

7.911,536

8,634,460

5,666,972

3,336.964

5,408,831

5,796,434

3.255,504

1.038.760

From Jan. 1—

.

Gross

Net

1.744,526

a

11

aluminum

attain

—V.

5,918,567

first

100'A reserve.

"

Exchange -Commission
a

announced

plants in the United States and Canada

Coyle, General Manager, Chevrolet Motor Division.
a
peak capacity of millions of pounds of forgings per year,
forge will supply many aircraft, aircraft parts and aircraft

In

factured

4.523,219

paper

on

Chevrolet operates at the-direction
instrumental in
securing Defense

Delco-Remy

3,331.352

up

Whitney engine are already in production at .another Chevrolet
forge plant and requirements to meet increased .schedules will be sup¬
plied by the hew forger-:A AA-'A'AA,A''; \ A:AA '/AA A
C AA Output of the new plant will .'be scheduled at an increasing pace*

177,983

'"come--.

oper.

set

men

was

engine
.,

$517,002

9.878.996

railway—-'.

In

been

new

160,165

railway——

from

from
rw

E.

$491,235

106,388

■•/>';*/•■''•. A ; v.-.
mtd-February,

-

•

started

had

With

189,260

99,112

plants

Division

maintained

These

the

on

the

ground

$598,451
120,534

A

the

28

the

the

1606.)

also

new

550,507

From Jan. 1—

Gross

the-,

the

annual

employment
tion, 13,379

194?
$1,079,477
420,952

and

more,

ultimate

&

value of
■ '
'
Co., Awhieli
A '*

iti the
• ''

,

in
1939

and

employment increase

the

$82,701,500

-—

production, it was disclosed with the announcement today * by L. O.
General Manager,: that five plants which were manufacturing
automotive parts or assembling automobiles less than a year ago are
now
in
production of fighter planes and torpedo bombers for the
United States Navy.
...■,
Although only 11 months old, Eastern Aircraft has retooled the five
General Motors automotive plants the new division absorbed upon its
formation on Jan. 21 of this year, and is now well embarked on the

"The

& Denver City

more

500%
as

employment in General Motors plants
For hourly-rated factory workers in the
United States it totaled 286,434 for the ,week ended Dec. 20, an increase
of
11,346 over the week ended Nov. 22.
This brought total G. M.

production.

Fort Worth

training
set

'

situation.

—

"'Profit
Federal

part

Production began in December with the manufacture of aluminum
propeller blade and propeller piston forgings.
Main crankcase sec¬
tions, pistons and other aviation forgings Tor the Chevrolet.-huilt Pratt

Electric

with

contribute

duction of Autos to Aircraft-—

to

of

eventual

been

of

Dec.

shorter

1941.

and

was

Int.

X'-",7 X

•

the

has

Motors

for

not

a

in

an

continues

Goad,

Sales'

necessity

schedules. and

General Motors Corp.—Physical Conversion from Pro¬

A

One

.36,782,500

of Lexingtpn Water's bVz%

and
pay

the

rivets,

castings,

sub-contractors,

sources.

Deliveries—

that

combined

1952

pp.

A. It

Water Sinking Fund—

standing notes approximating $28,000.

Stove Co.—Earnings-

9-Months Ended Sept. 30

at

the

$28,000 to its sole stockholder. Walnut Electric and Gas Corp.
Walnut
will surrender all of General's outstanding stock and apply the pro¬
from

unusual

parts

of intent from the U. S. Navy authorizing
Grumman-designed fighter planes and torpedo
AAA"'
A
'.•■■■
-'..A

was

Period End. Nov

to

forgings and

to

plans
with
and

suppliers,

2,606

$10,268,300
35,650,700

$1.

at

gold debentures, due 1953.'—V.

Securities

led

Aircraft

on

fact

being

year

been

<

,,

General Management Corp.—To Pay Dividend—•
The

and

for

on

plant. possible,

as

on

General

dollars,

entire

A;AA

follows:

as

pari;

which

Electric Co.

1968, and $125,000

corporation

called

automobile

one

Linden

J,

t$l

consist of $108,300 of Lexington

insur¬

Commission

status of

•

The

million

and

subsidiary, $233,300 of gold bonds and debentures to enable the latter
to meet its sinking fund requirements due Jan. 1, 1943.
The securities

fund

complete
the

letters

War

volume,

Government

Electric

;a

due

radical
account

102,683 shares
713,014 shares

.

Southern

of

stock

Electric

&

Auto¬

into

New Aluminum Forge Plant Completed by Chevrolet

parent company on open account, $362,181;

Dec,

on

Gas

and ithe

367,825 shares

stock—

debt

and

$47,363,181.

SEC

The

in

benefit

them.

take

quickly

achieved."

is

$1,699,941,198

November

-

securities

'

To Contribute to Lexington
General

the

undergo

to

the
been

,.

November's

M.

it's books

on

Co.^—

—

common

Gas ,&

had

employment
around

had
that

to

at
as

aluminum

that

Eastern

-■

.Government

the

-

.

Gas &

outstanding

obligations, <6%, due March 1,

Associated

for

be

sub-contractors

were

conversion

on

corporation

dollar

Upon completion of the merger, Gengas will carry the preferred stocks
of

used

to

deliveries totaled $247,685,749,

..

carried

are

Electric

to

to

of

tools

sep¬

experience

before

had

aircraft

40,000

never

gathered

were

achieve

to

received

figures.

until

dividends

of

r'v Other indebtedness to parent, $41.10. '• AAA^AaAA:
The investment of Gengas in JSouthetn is presently carried

:%A:7XX-X

received

Exchange
A '■

had

totaled

the

in

shares

return for cancellation, are as follows:.. J

to

and

the

was

levels

the

materials from

-..AAA.•

Southern's

of

1

shares

long

their search for materials ar.d

In

work, to proceed

The

•

condition

on

the

preference stock--——.

10

that

orders

division

production

bombers.

12.
31,

by

1941,

-/

cumulative

The

'! A.A

shareholders outlining the

2305.

p.

Florence

30,

1,

share on the

per

simplification cf the Associated

Southern
&

Gas

Gengas is

1,921,799

scheduled for Dec. 28. has been postponed by Judge Paul Leahv
of the U. S, District Court in Delaware until-Jan. ,7,
At the same time,

—V.

all

work

after

and
the

balance of 27,889.1 shares is held by the
& Electric Corp., parent of General Gas.

*

14,020,410

pany,

.

cents

ended

holders of

the

to

Gas

in the

of

assets

ceeds

Judge

full

Actual

: '

Nov,

in

use

the

airplanes before

with

nucleus

machine

outsiders

steel

workers

peace-time

1942,

hearing for the appointment of a permanent receiver for the com¬

A'

a

the

by

The

public.

'

Fiscal Fund, Inc.—Receivership Hearing Postponed—

;

as

over

more,

when

56,366,071

2130,

p.

25

which it : carries a reserve for fluctuation
investment
'Van.'^Identical amount—$82,701,500.
'

$42,946,451 In 1941 and $45,976,467

advance

quarter

preference

-XX.263,673,195 225,787,766

1942.

limited

is

Total'

2,365,070. .02,295,33^'
49,534,563

-I—X.-;XXX—X
4XXA-{XXXX

Capital surplus
Darned

cf

against

14,608,499 $20,845,887

taxes--'—X-_.

the

goal.
To
date more than 1,500,000 man-hours have been spent training workers;
many of-whom are women.
In fact, because of military man-power
needs, it is anticipated that 70% of all employees will be women

'

5,333,204

■' /'''X-X-.'

18,470,736

Accrued Federal,

the

for

$6

Other
'v"

stock

approved

step

t

—•

10

cumulative

5,320,781

24,030,109

(contra )..

payable--

acceptances

Accounts: payable

stock on

A

common

the

being

assembly lines
production

out

such

aluminum

':

Rotes- and

that

of

to the service department of a Buick dealer,
being made by an ornamental iron works, and. a third
private garage—a 'share the job' program on a grand scale.

a

still

most

men

it

for

fabricate

to

engineering also

flow

552,130

2,865,531

with

$4

10,000,000

A,

the

on

dividend

a

$5 dividend series preferred

50,000,000

—;—

Minority stockholders^'interest in subs.---.
■Foreign bank- loansXXXXXxAAXXXA

peak

is

"And

•

60

,,

Acquire Southern Electric Utilities Co.—

The

19,370,260

48,000,000

2—-XX—--1

debt
X

of

payable Jan. 16 to holders of record Jan.
cents per share paid on this issue on Dec.

Associated

of

•

Long-term

by
•

by

into

350

production,

263,673,195 225,787,766

stock, series AXxXXAX'X^AXstockXX -_A__—_XXAXX

pfd.

declared

$1,

was

Convertible

v.''. Liabilities—

and

employment

■

par

preferred

Associated

:-F$restphe;:Pariib:DevelopittentXXXXX4X-rA^XAv'XXXXxXA62»Q63./
-

and

-

1678.

Corp., in exchange for
•dissolution of Southern.

5,087,101

XXX—;XX-*X-XXXXr»r?

Deferred charges

equally

was

sub-contracted

now

another

AA stock were paid up to and including

paid

was

spread

that

is

common

stock

get

from

AA
Regular quarterly

A

common

of

the

on

to

parts, etc.
purchasers for the

seen in the action of the Securities and Exchange Commis¬
approving en Dec. 29 the transfer of all the assets and liabilities
of Southern Electric Utilities Co. to its parent,. General Gas & Electric

1,921,799

assets

it

built,
on

peace-time

conversion

up

now

forming
people

operate

sense

machine

A

the

on

to

result

sion

74,264,310

(contra24,030,109

the

information

But

process

and

seconds

system is

13,399,637

6,862,240

Govt,

stock,

Another

79,939,523

etc.----,47,690,454
44,821,322
by fire__--r_~l . , AxA-~-X 2,351,868

accounts,

notes,
under

the

I
cents

have

compares

To

fg

{Fully insured assets destroyed
Cash

oh

share

per

trustees, however, have waived
further order of the Commission.-

Subs.)

Assets—' %-'-'X 1
\■■
'X:-X '
^ .■
$
"Land, buildings,
equipment---——
82,985,396
€ashXXXAX-AXi:XX^XXX~- ^XXXxXy 13,185,423
Inventories vU:
-———-—X 85.725,659

and of 20 cents
holders of record Dec. 23,

The

AA; A'-- ;,:X
1941

Extra Dividends—

$5,

par

'

r

five

of

155, p.

trustees

1,926,282

1942

to

cents

directors

hands

1941 and $8,599,287 in 1942 for Federal excess

$4,402,142 in

{Includes

1942..

extra

Distribution

{.Including debenture discount and .expense.

profits tax.

stock,

the

60

assemblies,

a

that the
company inform
the recipients that the dividend payment is being
charged to capital surplus on the company's books.
The $1.25 dividend
was payable Dec. 31 to holders of record Dec. 26.
A
..

1,933,992
$3.02 'A;..;.$2.03

,

were

people

Pay¬

1943,

Dec. 28 paid extra dividends of five cents per share

both

15

corporation

1,936,393

$4.37

similar

A

1,

General Gas & Electric Corp.—SEC Indorses Dividend

•

1,937,026

$5.04

.

per shr. on com.

^Includes, amortization.

12.

Jan.

Payment out of capital surplus of a quarterly dividend of $1.25 on its

2,000,160
6,063,545
3,927,601
A% •
'vxxx;. -aX.

A-'X--'

•-

for

and
place

design of aircraft.' Today the best aircraft production
being blended successfully with the automotive
'know

laid

the

no

Gar Wood Industries, Inc.—25-Cent Common Div,—

,:

$5

*

Com.

Jan.
on

was'paid on this issue.
also made on the $7 stock

share

per

quarter

record
while

of

last,

24,

stock,

1941, and 20 cents paid on the old $3 par common stock on March 24,
156, p. 1049.
V
' '
" •>'./%
r'.".'; A'

■

Surplus

an

are

and

were

of

account

on

preferred

1941.—V.

2,795,604

Common

2,

This
.

6,722,046

* 2;753,896

profit

holders

to

Dec.

declared

convertible

detailed

form.

on

build

to

November

1,650,000

pfd. %X

Net

Dividends—6%

of

1941.—V.

1,969,603

1,500,000

been

has

complete

"Meanwhile,

and

A

$20,

par

An

306,336

3,824,056

20
on

$1.75

cents per share on the common

2,069,310
:v> 76,444

'

Janl
ol

each

to

common

dividends

12,793,738

-

the

stock,

12,149,067.
644,671

34.824,290

— —

income

for

Prov.

15,440?, 164

34,151,576

$1.75

1941,

common

1,039,106

X~X-—X-X-'XX

income

their

Because

custom-built

inexperienced

'fluid

every

Preferred Dividend—

cumulative

$7

made

was

share

per

Fuller Brush Co.—Pays

The

36,949,831

35310,725

opei%—
XXXX;:

from

income

Total

.

the

The company on
on

J;

164,487,560 140,823,420
7,281,568
7,146,535

than

tooling

of

airplanes.

two
less

specilic

experience

...

over

160,119,022

352,093,500 268,091,826 187,209,292

———

Mfg., adm. & seiX exps. 306,475,692 225,228,857
Depreciation ' --.-^-^■'•10,307,083
8,711,394

there,

designed

take

immediate
' A
\

■

or

automobile

change

including Oct. 1, 1942, while on April 1, 1941,
$8.75 was paid.
The previous disbursement v as $1.75 on Jan. 2, 1933.
After the payment of the dividend just- declared, arrearages on the
$7 stock will be reduced to $35 per share.—V. 156, p. 1952.

$

'

1,

$7

on

dividend

of

ments

July

1939

$

1941

.

.

.

of

payable

distribution

quarterly

made

(Incl. Subs.)

Years Ended Oct. ,31

Account,

X ; ;

value,

par

rubber, are the largest in the world

the Government of the new war tires
from reclaimed rubber, we are in a very advantageous position.

dividend

A

accumulations

in

methods

2038.

Foster-Wheeler Corp.—$7

•

•

by

the

how'

fn this y^ar by life belts,,, life
of.'which we are making.. In
addition, we are manufacturing pontoons, used for bridges by army
engineers. Company was one of the first selected by the Government
to
manufacture gas masks and
during the year production steadily
increased;
Our plastics division is turning out helmets, gun stocks
and lenses for gas and oxygen masks.'
' X
•
In April, Firestone became the first rubber company to manufacture
Synthetic rubber in a Government-owned synthetic-rubber -plant: This
plant is one of several which pirestone is building for the Government.
The total production of the plants ,we will operate for the Rubber
Reserve Company, as well as our own production, assures Firestone
an
important place ln„the manufacture of synthetic rubber.
Production of rubber from our plantations. in Liberia, one of„ the
•few
remaining sour,ces of ! natural rubber still, open. to , the United
Rations, has been, considerably increased and we are cooperating with
the Government in the development of rubber sources in the Western
Hemisphere.'' XX
V-.yVf-,
X,x' Ao A'X'. X'V'AX .yxX, X-'XAiXv '-AXr
for reclaiming used

end

be

to

greater

problem

the

more

industry,

mobile

$34,094,536

for

parts

countless

1942—52 Wks.-r-1941

$2,962,165 $41,644,631

$3,392,087

It js announced
with

Thousands of lives have been. saved
vests, para-rafts and rubber boats, all

release

problem

trained

100%

'

■

the

came

were

their

Stores, Inc.—Sales at Higher Rate—

Sales

y

the

and

than

-

"Then
arate

2038.

p.

Period End. Dec. 26—

sufficient of our facilities to provide a large number
of these balloons urgently needed for defense against dive bombing,

with

the

jigs and fixtures

found

equipment lent Itself to

building.
'

of

ior

converted

Our facilities

did

Nor

new

be

more

compiled

important war product now being made in the Firestone
factories is barrage balloons. At the ..beginning of the war, we immedi¬

and

now

this

6,143
132,062

*$10,398

$4,629
"Loss.—V.

6,083

134,510 '

Another

ately

of

plants, and still climbing.
physical conversion of the automobile plants took about three
months, during which time more than 25,000,000 pounds of
tools,
machines, fixtures and equipment were removed in the process of
stripping the plants to the bare walls.
Only a small percentage of

20,282

$177,722

■

■]

(

foundations

five

$127,985

>934

857

inc;-

available

fixed

turrets for-combat

also making

are

"

,

$18,184
fr.

deducts

Income

of. our plants are engaged in
Government's important suppliers
rollers for, combat tanks, scout cars

bogie

and

Misc.
"

the

military .vehicles,' We

other

and

tEllkSi

of

one

income

Total

several

and

is

days.
that

workers

rolls

:

manufacturer

largest

cartridges

Firestone

work.

this

.7

...

America's

are

machine-gun

made

has

Co.

the

on

totally dissimilar, it has-been

were

"The

substantial progress and we
have greatly expanded our production of airplane tires, tubes, wheels,
brakes,, bullet-sealing fuel tanks, airplane wings, shatterproof oxygen
cylinders, pilot ; and crew seats and cushions, air-spring struts,- sea¬
drome markers and buoys and many other aircraft products.
One of our more important contributions
to the war effort is, the
manufacture
of Bofors 40-millimeter
anti-aircraft .gun mounts and
carriages.
We have completed delivery of large numbers of these
units
and
we
have made many improvements in them which have
reduced manufacturing time and cost and have resulted in stronger
Aircraft

Firestone

The

automobile

important
new

Net

manufacturing project

new

where the techniques

necessary
to rip out all the automotive equipment,
redesign
many
sections of
the five
plants, and engineer new processes that would
take advantage, where possible, of the mass production experience of

372,000

2,342

.

this

older industry

$510,647

41,786
2,558

expenses.

accruals

tax

build

"To

Co.—Earnings

1942—11 Mos.—1941

862,742

revenues

oper,

RR.

1942—Month—1941

tubes.

and

of

oper.

Railway
Railway

rubber-manufacturing facilities have been
operated at near capacity, to meet the requirements of our armed
forces and
essential civilian needs.
At the conclusion of hostilities
when sufficient rubber becomes available for unrestricted use, we will
be in position to go promptly into volume production of civilian tires
the past year,

During

Gloversville

&

Period End. Nov. 30—
Total

41

■

Johnstown

Fonda,

and

Government

the

for

operating

now

addition

fuel tanks for aircraft., An
Products factory in Akron,

bullet-sealing
to

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

157

Volume

Net

from

from
ry.

railway_-.X
railway_t.__'

oper.

156.

p.

income—
1952.

Goodall Worsted Co.—50-Cent Dividend—
-

A
mon

dividend of

stock,

50

cents per share

payable Jan.

was

recently declared

2 to holders of record

Dec. 26.

on

the

com¬

Similar dis-

i

THE COMMERCIAL & FINANCIAL CHRONICLE

42

■ti'ibutions
ments

made. on. July

were

V. 155, p. 2457.

r,

profit

Directors at

1942—9 Mos.—1941.

dividend

$266,25j
$1-2°

$263,383
$1.18.

$66,013
$0.30

$88,952
$0.40

of

share.
depreciation, etc., except excess profits taxes,
top
222,739 outstanding shares of common stock.
'
Note—Retail sales for the three months to Nov. 28, 1942, were $11.-

tEarns.

com.

per

all

"After

Feb.

payable

including 1930.—V.

15

to holders of

record

Jan.

1864.

■

the

This

taxes,

20 "cents

of

Sales

final distribution

the

heretofore adopted

share on the outstanding capital

per

payable Dec.

company,

is

Industrial Rayon Corp,
9 Months Ended

dividend

under

ers

three months of 1941,

•472,675, compared with'$10,028,118 for the same
an increase of 14'/a'f .—V. 156,
p. 1326.

Revenue

sonal

Ry.—Bond Tenders $13,934,300-—

Great Northern

Other

22

accepted

include

not

tenders of G. and H. 4V2^ bonds have
it was announced Dec. 23.
The pur¬
high as par, averaged 99.6606;
This total
undisclosed amount. of open market purchases

the

by

price,-which

<does

an

by the stockholders.

•State,

Sections

Manhattan RR.

&

of

$70,500,

Gross
1939

$7,838,890

2,108.211

3,067.236

1,212,005

- Net
profit
•tEarnings per

$2.35

or

Co.—Earnings—

* After

.

1,882,597

and

exp.

'tOn

per

from

from

Net ry.
—v.

156, p,

35.830,366

!

income
2306.

oper,

94,631,250

-

21,540,806

18,364,089

chgs.,
adj.

•on

™

of

excl.

$6,967,880
1*5,138,120

$62,574
9,388

$2,346,146
110,111

$1,829,760
115,780

revolutionary

$71,962

$2,456,'257.

$1,945,540

.it

"
148,184

)•
•

•...

— Special
Offering—A special of¬
shares of common stock (par $1) was
New York Stock Exchange Dec. 24 at 31%,

(II L.) Green Co.
the

int.

bonds.™

inc.

.

tire

the

of

inc.

adj.

on

outst'nd.

November
Of

14

156, p.

the

under

company."

addition

in

(Including

S.

in letter

President,

Gaston,

stockholders,

to

"Profit

before

"At*

time

this

of

years
of the

basis

this was

the

of the
by the
During

during 1942
be non-taxable to them.

to

corporation on the
to the net investment
offset, appears not to

security losses

Act. of

Revenue

this

1942

Act.

ments

are

corporation

income tax

Federal

from

company

$194,777

$438,758

$1,004,538

regular

to

monthly

can

Net

accrual

and Canadian

Domestic
,

"After

$1,808,268

Company,
and

investment trust,

an

,

principal

Commission

Net

•

Securities

with the

from

rev.

18,723,085
11,925,869

.''

charges
•Int.,-

leasee*

"After

on

Shares'
-

The

based

shares

3,000,000

on

$7.30,—V.

at

156,

Oulfboard Oil

Corp.—V.

Salt

Dome Oil

156,

Ry.

Belt RR.

Novemberfrom

of way

Maint.

of

Net

ry.

railway™™ ™$

from

Net

Other
1940

equipment.__

$1,638,846
487,562

1,241,284

686,012

505,762

551,834

309,061

;201,102

(rail*__

expense

30.186;248

21,'608,459

17,122,225

17,132,568

603,256

38.605

■

Net

3,679,250

2,532,070

Net

ry.

income.

1,650,569

1,445,378

1,895,774
1,076,060

from

oper,..

$429,078

accruals..
facll. rents

194.560
112,795

oper.'income.

$121,723

rev.

r

—V.

from

oper.

156, p.

tax

& jt.

Equip.

1,833,694

ry.

Other

1952.

1942—11 Mos.—1941

Misceli.

Harborside Warehouse

Co., Inc.

Interest—Sinking

$4,662,814

105,097
138,954

2,119,350
1,167,093

$106,563
2,893

$1,376,371

$109,456

$1,422,082

3,175

34,049

41,381

42,629

459,136

45,711

.

for

company
interest

;

the

the

Net

Dec.

on

fiscal

1942, determined that earnings of the
ended Sept. 30, 1942, are available for

10,
year

outstanding 40-year income bonds at the
for the sinking fund instalment
on
fiscal year ended Sept. 30, 1942,
viz.: $138,941, said amounts becoming due and payable Jan. 1, 1943.
1
The
directors have
postponed the payment of said interest and
sinking fund instalment until the first date for the payment of
interest and sinking fund instalment (viz: Jan.
1 of any year) fol¬
lowing determination by the board of directors that the current asset
on

—V.

$5,750,000

income

:

$63,652

$80,266

$928,897

:

Hydro-Electric

company

has

filed

Power

with

the

stock,

mon

t) ibi'tiens

"V.

156,

cents

recently declared on the

was

payable Jan. 2 to holders of record
made

were

Jan.

on

April

2,
' ;Vl

2131.

p.

share

per

1,

Dec.

July

stock

(par

$100),

stock

Oct.

com¬

'par

•

will be

The

change of
authorized'by

was

The

Corp.—Changes Its Name, Etc.—

14,000

be

at

the

time

same

authorized

capital surplus ;of!;the corporation of the
which

at

the

total

capital

the Hecker Products

on

carried

■as

on

acquisition
that-

the

on

Products

Hecker

The

Products

Foods,

Inc.,

of

The

1942,

the

a

actions

Corp.

on

last

Nov.

over

Best

write-off

Inc.,

on

is

carried

tangible assets
the date of the

interest

surplus

of

applicable

29%>

in

the

to

prior
of

thereto.
following upon the purchase by

the 29%

ownership

in

The

Best

which

$5,500,000.

previously had been held by General Foods Corp.
The liquidation of The Best Foods, Inc., into Hecker
the subsequent renaming of the corporation to

Corp.

The

(6)

of

The

actions

effective
•the
Mhe

operation,

Board.

He

stockholders

it

added
was

was

that

by
said
the

the

William J.

amount

of

the

will

make

Wardall,
write-off

approximately $2,300,000 and

the

for

more

Chairman

the

regular

have

quarterly

declared

an

extra

dividend of $1




dividend

per

share

of
on

$1

the

share

\

shares

of

new

•6,017.883

'

17,201,381''

811,000

56,040,166

etc.

.48,166,272
" 10,529,553

J- ,10,454.553

(net.tiy™!

984,367'
501,507

/.

487,394
16.060,142

>

,™$120,p66,56G $97,494,095

accruals

and

Canadian

and

test.)

taxes

14,748,869

7,493,914

,• /
77,600.
Government contracts.™
8,289,434
fund debentures™.,17,000,000
8,987,394

payments on

sinking

■

or

All

"•

77,500

:17,000,000
9:001,507

"31,898,424, 30,381,418

Stock
surplus

30,628,136

'

29.495.590

„.-•—$120,866,566 $97,494|095

—

156,

$7,754,154
$4,044,167
1,482,656 '■.yy

.%—

.2224.

p.

important subsidiaries

indicated in

as

note below)

^Ended Sept, 30

Consolidated, Income Account, 9 Months

:

'

1941

1942

%

earnings
$24,739,105 $21,582,437
Operating, selling and general expenses.7,818,869
6,402,089
Maintenance and repairs
—i._—:
3,007,299
2,571,617
"U. 'S. Federal income tax
—.l™™™,.
256,148
247,768
tOther taxes
J
1,764,976
1,722,859
gross

,

-

-

Frov.

for deprec.

Net

foreign

en

5,272,329

Si amort, of intangible assets-

Net earnings bef.

Profit

of

v 5,159,972

$5,478,132
40,333.

$6,729,332
-2,300,759

consolidated

subsidiaries

.

$6,619,484
109,848

profit on foreign exchange(net)™™™...:™—™

exchange

earnings

Charges

.$5,518r465
'2,210,032

holders of the

common

the

of

stock

now

held

in

income

"The

the

:

the

Fed.

9

luoome

Months

Dividends

"outstanding,

escrow.

charges

avail,

™™_,

for

15G, p. 2307,

divs._>

.

—

"General

"Charges
Net
Profit

(pet)_™_r™--™—

...

$2,999,739

$2,830,498

$2,608,980

1,021,014

939,842

870.875

827.899

1.015,904

858,403

680.759

$1,278,865

$1,260,211

504,875

492,259

Net'income

Other

.

483,945

75,350

68 385

81,147

125.475

$460,388

$628,235

$705,458

$650,791

before" deducting'interest charges

'

610,870

$L201,495

•<■■•■■■(■■«■.—;

Net

$1,687,081
356
$1,687,437

—™__™™1_-

3;201;943

foreign exchange

charges

Interest

1939

250,838
'101,705

.

(net)—™,™—.™-

earnings'™—™™-™—-—-—-——
on

-

.1940

'; 1941
$1,231,933

.

■

$2,026,459 $1,584,481
expenses, taxes, depreciation, etc.—1,797,387
1,784,836:
to subsidiaries
^^™:
——
C)T,458,009 Crl,392,733

Amortization

1941

" .1942
$1,240,885
531,256
254,318"

Total earnings

;

-

1942

•.

—,—_—__

;—'—

.

504,875

taxes.

Sept.. 30-—

™__™™™™-„-.™™—r-.:

Interest;

.525

$1,040,613

local

deductions

Bal.

—V.

&

Ended

—

Miscellaneous income

now

income tax has been estimated- on
Act of. 1942. :/ No provision necessary for
tlmrfuding taxes to 'foreign governments, etc.
\
Account (Parent Company -Only)
»

Revenue

taxes,

■

,

j.$356,336

for U. S. Federal

the

v

stock of
for each share

$3,077,532

income

of

profits

.3,664,765

,

$970,957

/

provision

basis

excess

preferred

for each share of old common

common

Net

ILoss,

common

$3,308,435

^Interest charges of parent company-—3,457,616

.

the

$4,428,573

Net Income before charges of parent company

)

common.

in cash

maint. & retire.
depreciation

Oper,,

Other

$4 -convertible

1,243,719

International Telephone & Telegraph Corp. (& Subs.)

said
..

Hydro will be -reduced' by ($3,180,770, .and
to capital surplus.

revenues

Net

and

240,000

„_'™™™™.™™™_..-™^^™_-™.™"

goodwill

(Excluding certain

cutstanding

The

Gross

capital surplus

per

escrow-amder

the

Interest

directors

fund

welfare

$7,336,964

'6:124,704 '
.

.

:™_:

Interest

by

Hershey Chocolate Corp.—Extra Dividend of $1—

in.

Indianapolis Water Co.—Earnings—

i-gainst which it will be charged was $16,652,344.—V. 156, p. 2306.

The

:

Reserves

to

holders of the preferred stock and old common will have
right to receive the cash and new common distributable to
,them under the plan, and such other rights as are Incident to the
ownership >flf such new common, and all other rights of such stock¬
holders against or with respect to Hydro will cease and become void.—
V, 156, p. 2039.
/
(8)

only

of

authorized

held.

credited

12 Mos. End. Nov. 30—

stockholders

by

new

exclusive

and

authorized

now

and 11 shares of new common
preferred stock now outstanding.
;
(7) Hydro will distribute To the holders of the old
$14,208

Shares oi

Foods, Inc., was planned for Dec. 31,

Best

common

will .distribute to

Hydro

•Hydro

the net amount

Inc.,

old

into <11,025

capital-'Of

thereof

amount

to

the net

(2)

Products

I

(1)

Foods,

minority stock
earned

week

19

of

excess

The

Best Foods,

of

letter's

holdings accrued

stockholders'

Hecker

for

19,

less

of

Corp.'s bodks

books

Nov.

company,

stock

the

of

shares

reclassified

45); The

/•'

of this corporation to The Best Foods, Inc.,
special meeting of the stockholders held Dec. 29.

stockholders

$9,242,823

:;*v -■
- y •
*10,237,540 ; :
__.™i
9,924,459
6.756,169

certificate_J_^.__™_:;_,% ;-V

property,

.10-year .2V4%-

common

..

name
,a

Sept. 30, '42 Dec. 31, '41

—™-

and

Advance

$1,222,071

changed to 250,000 shares of new

.agreement will be returned to Hydro and cancelled,
(4) The remaining 21,000
Shares of old common now

%%%-% %:

will

Hecker Products

Sheet "
'

$10).

the

last.—

1,

V

-

balance

receivable

Mortgage payable

;

:
(2) The 107 shares of preferred stock now in -the-treasury of Hydro
will be cancelled, and the 20,898 shares of preferred stock .now out¬
standing -will be reclassified into 229,878 shares of new common.
(3t The escrow agreement of May 6, 1922, will be terminated and

Similar dis-

28.

and

1

:

official notice Of issu¬
1,039,621
will be transferred
surplus to capital stock

payable

$1,724,476
;
38,455
463,950

pursuant

SEC

1

49,505

on

1

Federal

S.

U.

Co.—Recapitalization

application

an

31.

cents,

shares there

from earned
$1,594,892.

Total

%

25

par)

Ino

49,505

,

»/2'«

•

company

Earned

Section 11(e) of the Public Utility Holding Company Act of 1935 tor
approval of a plan of recapitalization.
A statement of the transac¬
tions proposed is summarized as follows:
.
(It The authorized capital stock of Hydro, how consisting of 21,500
•shares of preferred stock, (par $100»^
and 35,000 shares of common

Haverhill Gas -Light Co.—25-Cent Dividend—
of

2.95

20.

,

The

-position and cash resources of the company permit payment thereof in
whole or in part.—'V. 165, p. 52.

dividend

stock
of

issue

corporation

accounts

assets-

•

the

on

record Dec.

Corp.—Listing—

contracts

payable

p. 2039,

156,

Indiana

of 1%, %, viz.: $86,250, as well as
the said bonds with respect to the

rate

A

and

Total

directors

declared

authorized the listing of

has

-expenditures and work in process

Dividend

$1,696,507
27,969

■

been

:™™:

Accounts

.

Fund—
The

capital

the

of

Treasury

1,770.243
1;318.032

'

Charges

Machines

Exchange

"

Factories,

$4,784,782

3,051

deductions

fixed

Total

1,833,694

1,076,060 C> 1,145,697

Investments-

*

$124,774
3,127

:

income

1,895.774

L445.378

.

$350,614

income

Total

•

5,393,526

Semi-annual stock distributions of Vh'b
May T and" Nov. 1, last,—V. 156, p. 2132.
v

on

the

munitions

—V.
Net

5,568,948

Ltd.—Cash Dividend—

Business

of

shares

books

General

,140,11?

-

,

cents.,per --'share'- has

Deferred /-assets

1,145,697

Railway

From Jan. 1—
Gross

2;65

Stock

York

Against

Capital
Net

250,204

railway,.
from railway.

income.

oper.

also made

U";' S.

8,866,281

taxes.—V. 156, p. 2307.

115,399

<

cents.

2.24

Notes

14,880.997

21,883,928

;

1939

6,436,207
2,532,070

™™™„1

on

$1,204,616 $14,549,048 $13,494,900
112,766
93L836
C
907,210
101,088
1,328.384
1,224,321
29,256
350,764
323.2104
575,858
6,849,059 f- 5,896,180
35,034
426,191
359,197,

30,867

1939

$1,685,482

$2,063,459

$3,186,529

™

14,632,884

559,840

1940

87,976

,

1

■.

Co.—Earnings—

$1,280,783
64,380
114,597

& struc..

Transportation

1941 :

1942

railway..

1,361.950
•

1942—Month—1941

revenues——

oper.

Maint.

Gulf Mobile & Ohio RR.—Earnings■

180.15S "
,'

8,151,497
3,67.9,250

of

Assets—
Cash

-v--;

providing for Federal income

Traffic.

Gross

204,687

Total

1502.

p:

.

Period End. Nov. 30—

€orp.—Merger Approved—

See

$535,801

191,811

Consolidated

23,747,278

36,516,812

-

2,710,929

Indiana Ilarbor

429.

p.

$519,609

160,723

:

stock dividend, making the total amount applied for

a
-

the

Other

registration statement listed the amount of the ofiering at $21,-

900,000

as

Patents

Utilities

1941

;; $593,832

$32.2168 vper? share, totaling

;

38,911

1,921,790

,:V
1,307,845
w

■■

fxd. chgs.

Dec.

1942, showed offering market prices ranging from
$2.70 to Electrical Equipment Shares' $7.30 each.

ance

750.633

52,576

•

Inventories-

income..

based

prices

at

shares

744,759

6.P20

.

Co.—Earnings—

2039.

1,

additional

Shares.

make it
mileage and
the nation'k

longer

1942

)

cash .dividend

The New

23.035,556

77,035

10,783

4,018,774

for

rent

& oth.

these

35,824.629

28,463

—

"Net

offer

to

proposes

•selected

15,

%

.

cord

rayon

$705,332
381,132

,

.

railway•
income._i '1,650,569

were

•

RRs.

company

1942—11 Mos —1941

1.851675

in

give

per tire,
thus helping to conserve
natural and synthetic rubber, the announcement
2224,
:
:-y)y
..j v;

International

fixed

for

army

of

railway

p-

each

.

12,593,664 192,686,535 128,892.269
9,419,772 122,631,718 '92,205,518

4,001,094

1

income

:

and

'• *■:-'y

■

cooler,

oper.

156,

Aug.

on

income.

-fluctuating market quotation and Will be issued in the class or classes
by investors.
The
19 shares, as of the close of business

The

front

land

6,797,216

Mis-cell., deductions
'Inc.: -avail.-

y

aircraft

rubber

156, p.

•Unreimbursed

oper.

of

types

inherent

run

Institutional Securities,

...

ry.

all

Insurance Group Shares, payable Feb. l to holders of
In 1942 cash payments were made as follows:
Jan.

rail¬

operations';

,

for

resistance
which

from

ry,

A

■;

3,173,892
70,054,817
36,686,751
Railway tax accruals., v 2,243,059
1,135,512
28,855,257
12.591,297
Equip. & jt. lacil. rents vv---"./•>>•> -V.
(net)
Dr553,063
Drl86,705 Dr5,374,931 Brl;059,89$

a

underwriter.

less

Net

profits tax is required.—V. 156, p. 1327.

1942—Month—1941

?

expenses

way

v

already widely used by the armed

yarn,

tires

"

and; heat

produce' tires

supplies

$1,190,788
$0.75

RR.—Earnings of System—

revenues..;.

oper.
oper.

Other

23 filed

Dec.

on

registration statement covering the pro¬
posed ' offering from time to time of -3,000,000 shares of capital stock
(par one cent per share).
Distributors Group; Inc., is listed as the
Exchange

Ry.

Net

Registers 3,000,000 Shares—

to

•Net from

1

$763,268
$0.48

——•

iOn 1,596,660 common shares outstanding.

Period End. Nov. 30—

Ry.

into

tire industry,"

Gross

apply

will

corporation

the. company announces that its
be Used for productlo'n of this
-v;' ■ / •'•

will

continued,

process

way

From Jan. J—

41,750

™—,

,

share

common

Illinois. Central

28

materially increase the companv's total output,
produced by the "continuous process by more

Illinois Termiual RR.

1941
$1,232,538

700,000
345,000

•

'

Note—No provision for excess

•

not

its

limited

depreciation,
interest,
etc.
TFor post-war
contingencies,
and other anticipated losses occasioned by conversion to

work.

war

:

.

volume

railway™jNet
frcm
railway™_i.i.
Net ry.4oper. incomO.L;

Subsidiaries);
1942

and surtax——1—"

L,™„

profit

Dec.
process

statement

strength

said.—v.

under

reconversion

.

for a ruling from the Commissioner
of
Internal Revenue
as
scon
as
practicable after the close of its
income tax year, Dec. 31, 1942, with respect to the degree, if any, to
which this year's distributions, may
be > non-taxable to shareholders.
It is expected that this ruling will be mailed to shareholders well in
advance of the due date for filing tax returns."
Mr. Gaston also states that Dec. 31, 1942, will complete nine years
of corporation's existence, and that the present dividend distribution
of $217,946 brings the total of such distributions paid to shareholders
during the nine years to $3,010,137.'
"Yqur

finds

"possible

Co.—Earnings—

reserve

^Earnings per

certain require¬
that this

if

it is believed by your management
comply with those requirements.

and

met,

will

the

continuous

our

—V.

respect to a 'regulated investment company,' as defined
The new law, however,
does continue the exemption of

investment

an

/ V

1.304,096

allowed with

in

part, if any,
will be ruled

what

determined for your

largely

the

to

as

Revenue

of realized

relation

be

certain

stockholders

to

Internal

Under

income.

hot

is

made

distributions
Commissioner

prior

it

1,287,907

™™,l™

Federal income taxes

provided

)"•

.

;v.i

November—

taxes

1 Contingency

'

rates

we are confident that its superior quality which has revolu¬
tionized textile weaving standards will win it a perminent1 plate in the

1953.

3 Months Ended Sept. 30—

wiir qualify "for the tax exemption ,pro¬
Act of 1942 for a "regulated investment

Revenue

Kenneth

this

raise

Gross

company

of

'

rubber

.

under

1941.—V.

payable

continuous

50%the

-'As

one-half of increase of. railroad taxes- for 1941 assessed ('•'
the provisions of Chapter 291 of New Jersey Laws

prior tax law,

basis

•.

.

.

Industry—

/.)":>/.v- ;'y

require
("Includes,

.

..

$299,558

$849,150
„

118,554

114,853
$45,904

"Loss.

•Group Securities, Inc.—Tax Exemption Expected—
expected that

will

The

5 %

at

the

on

.

''

"$76,222

"

Hudson Motor Car

vided

1,645,983

the hands

in

public,

$2.25

$370,609.
..

vehicles,

$68,949

bonds

Deficit

den, Stone & Co. and White, Weld & Co. The offering
was completed in one hour and 23 minutes.
There were
32 purchases through 22 firms, with the largest block
sold amounting to 525 shares and the smallest to eight
shares.—V. 156, p. 2223.

is

1,607,107

Smith, Barney & Co., Hay-

with 75 cents commission, by

It

distribution
yarn.

than

for int.

adj. inc. bonds.

on

Int.

computed

are

$1,706,251

to

corporation is replacing regular strength -yarn production at it's
parent plant With high tenacity yarn for tire cord.required for aircraft,
motorized artillery and army
transport yehicles, it is announced.
In
a
special message to stockholders accompanying year-end divi¬

services,

fering of 3,728
on

taxes

amounting

The

1942—ll Mos.—1941

v/vNet inc. avail,

made

of

credit

.

$7,625,650
5,279,504

$203,526
9,136

post-war
capital stock.

1942 Revenue Act.

143,713

c_C

income

income

Gross

Inc.

-

2,6r2"6,800

"3,916,911

$1,98

10%

.

318,375

$1,506,403

Note—Federal

.

"While

29,746,284

profits - tax™

share™—™-™:

of

shares

$212,662

taxes™

Operating income

Non-operating

85,651,767

34,770,397

115,372,012
44,011,003
26,716,921

150,785,692
65,640,497

railway™™
railway

759,325

dend
;

and excess

common

deduction

$633,671
1571,096

$713,572
510,046

revenue™,"

oper.

Oper.

$4,651,426

100,000

—

From Jan. 1—

Gross
Net

contingencies

Federal income

'.'for in the

1942—Month—1941

Period End. Nov. 30—

1940

$15,311,875 $10,192,940
7,215,551
2,020,111
Net/from
railway
Net. ry. oper. income—
4,000,553
1,005,859
railway

for

; .

7

Act.

-

$7,981,155

1941

1942

November—
from

Section 115 (c) and 11-7 of the Internal
(g)
(3) and 9.4 of the /California Per¬

bf

provisions
and
Tax

Hudson

r,

3041

$5,699,034
•
.175,7.20

•

—™™™_

To Serve Tire

and Year to Date

Earnings for November
'

Gross

v:

*

$4,474,855
: 176,571

.107,321

...

income

Provision

as

%v.-

1942

$15,514,795
5,591.713

Interest; and other charges_^--™™„v™U,_™/-,-%

the

including the three dissolution dividends
share paid this year.—V. 156, p.-1864.

company,

ran

the road this year.

made by

:

i

income

Total

holders of record Dec. -16, 1942..
plan of "complete liquidation?'

to

under

stock

Total earned and liquidating dividends paid on the outstanding capi*
tal stock of the company aggregate $2,965,500. or $98.85 per share;

of $13,934,300 In

total

A

been
chase

the

'

•

■

subject to income taxes to the individual stockhold¬

is

Code

Income

.'

:

—

Pperating profit, after depreciation-™™^™™-

.

The

'

...

(& Subs.)—Earnings—

Sept. 30—

,

:

•.

special meeting held Dec. 12, 1942,.declared dissolution

a

3

No.

25.

.

been made on this issue each February

156, p.

Holland Land Co.—Final Dissolution Dividend—

1942—3 Mos.—1941

™_

and

since

Co.—Earnings-

Grand Union

Period End. Nov. 28—
"■Net

both

similar extra distribution has

A

'

:

stock,

preference

and Oct, 1, last.
The previous pay¬
1937 and 10In- stoclc in 1938,—

1

$4 per share in cash in

were

*■

Monday, January 4, 1943

to

of

discount

and

™™™—--

"No. provision

:— '-.

'

charges—,

—

li.—•

—

$1,192,378
Ur290
$1,192,088

"3,388,888

253,010

expense

subsidiaries—

interest

loss

debt

;

'6.448

.

6,030

671

2,643-.

,_™

—"""$1,776,627

—

275,206
."

required for U. S. Federal, income and

$2,478,707

excess

profits

taxes.

Note--The

Sept.
of

its

consolidated

30/ 1942,

includes

subsidiaries

only

which

telephone properties

in

income

are

account

the

for

accounts

engaged

the

of

primarily

the West Indies

and

nine

the
in

South

mouths

ended

parent company,
the operation of

America,

and

of

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

157'

distributions "of "30 cents each

engaged in business wholly in the United;
The1 accounts of International Standard Electric Corp. and
''subsidiaries'!'(principally ' jmanUfafcttirlng Vsubsidiaries/ located invarious countries' of Europe and the" Par East) , and the accounts of
t^he folloVing: "subsidiaries have "hot been consolidated: American Cable'&; RadiS- Corp;* and» its subsidiaries, »• the' Spanish Telephone - Co.', ■ the Mexican' Telephone Co., the. Shanghai Telephone Co:' and the German
certain" of "its- subsidiaries
States."

'

subsidiaries.—V, 156, p. -1-239.

*■•'•

■■

\' ( "' "

■'

•

*■■■ Inter-^Iountain

june

2,

feept,

1,

•Net
,

1,300,166

522,513

362)364

international

3,098,353

1,561,340

from

-from

Net

iy.

'

1,139,244

,V>

87'/2

$3;50 prior preferred stock,

cents per share on the

no

railway.'—-

5r,922,469
16,877,544

7i;222.961

"railway25,557,580

opef.

inebme,.! '

43,151,858

11,294,857
6,332,820

v'

-

Vp'ayabie;Peb.-''i''td:'h6lder$'"df'''rec0r'd/.!JBn.'-:2i,\'sufchjdeclarati6n'-8Ad'-t)ayr^
menl,. however, .being subject to approval -by order of the Securities,

.

-

.

.

1954.

Insurance Co.—New President

Midland Valley RR.—Earnings—

a

from

1942

1940

.1941

:

1939

$130,868

$120,010

66.610

60,767

49,597

55,771

40,072

42,071

27,582

1,273,674

1,348,166
648,092

1,229,108

1,276,187

577.867

532,192

581,181

345,771

railway—..

from

Net

413,541

309,062

364,200

$141,911:

.

railway—76,268

Net

ry. oper. Income—_
From Jan. 1—
", ■

$116,211

,

Gross
Net

Granljery, Mar ache & Lord; A. C. Allyn and Co., Inc.,
and Emanuel'& Co.
The offering does not Constitute
new
financing by the company.—V. 156, p. 1417.

and^ Exchange-Commission :under the provisions" of' the Public Utility
Holding Company Act of 1935.
The'transfer books of the company-tyill not close.—V. 156, p. 2307.
.v.; :
;-t

quarter during 1942.—V. 156, p.

November—

-v

block of 10,000 shares of capital stock of the corporation
Was made Dec; 24 at $9 per share-by a group including

.valu'd/.

par

each

41,389,512

12,585,429
6,187,156

9.621,195

11,631,585

-Lionel;^$tock Offered—A public offering of

•

to

-E. Stanley Kite of Swarthmore,-Pa., has been elected President, suc¬
ceeding William F. Fischer.—V. 156, p. 2133.

662,851'

' a..'c-'1

—'VM56, ,p. 2040.

Corp.—Regular Dividend-rt.;
The 'directorsvbh -'Dec. 28 declared the regular 'quarterly dividend rbf

Assistant 'Comptroller

as

•

Net

Utilities

made

were

Manufacturers Casualty

Gross
'

post

1939

income.",,'

oper.

ry.

Gross
'

.

his

20-Cent Common Dividend—

$3,986)388

'$4,935,991

From Jan. J—

.

"relinquish

take bver his new 'duties.-

tions
1940

$4,069,728
1,373,013

$7,563,475

" railway, *111

.Trom,

Net

The--.dlroetors>:recently decla red - a dividend of '40 cents per share ' on ;
the 6'/v
noil-cumulative preferred stock, par $10, and on the common
stock,: par $10, payable.1 Jan. 2' to holders of record -Dec. 21. .-This..
Compares with 30 cefnts 'each paid:'on July 1 and Oct: -l; last; and 40
(Jentsj each on Jan.. 2 and Apr. 1, 1942.--V. 156, p. 1050. :
s

Will

43

A dividend of 20 cents per Share has been declafed on the common
stock, payable Jan. 31 to holders of record Jan. 15.
Similar distribu¬

'1641

1942

:

^

-

"Mr.-'-Andersen

1

Vailey RR.—Earnings—•

Lehigh

November--

:

v•"

iTelephone 'Co.—40-Gent Dividend-—

March

on

'Dec.M*; - last/-' An extra of" 50 cents was also paid on Dec. 23, 1941,
during which'year four quarterly paymerits of 30 cents each were-also
made.—V. 15'6, "p.; 1865;
;

Grbss Jrom; railWay,,,.

-

made

v/ere

and

•

'

railway.!-^:

from

from

Net

ry.

—V.

railway
income.—

oper.

156, p. 2040.

Midwest Piping & Supply Co,—25-Cent Dividend—

Co.—Pays 50-Cent Dividend—

Investors Telephone
The directors

-

the

on

capital
Dec.

record

arid

stock,- no

18.

'Similar

Iowa Electric Light

k/:

80.

p.

& Power Co.—Accum. Divs.—

(/■'The

directors -'have"declared-dividends*'on account of accumulations of
per share on the 7% cumulative preferred stock, series A,.
81 V'i cents per share on the 6%%- cumulative preferred stock, $eries B,
87%

cents

.pnd 75 cents per share on the 6'" cumulative preferred stock, series:C,y
all payable Jan, 20 to holders of record Dec, 3l.
Similar distributions

payable

during

1942

Feb; .14,

an

13,

1941

1942

,

extra

to

follows;

of

extra

per share has been declared on the common
holders of record Jan. '8.
Distributions

15

of

20

(Excluding
Total

July

April

J 5,

15

cents

each;

Oct.

15,

30

cents

each;

and

15

p.

1954.

Sault

Ste.

156,

Wisconsin

Central

Marie Ry.

$1,836,686

1942—11 Mos.—1941

$1,634,324 $20,769,586 $18,222,667

1,380,172

1,363,801

15,648,491

13,766,472

$456,514

expenses

$270,523

$5,121,095
1,436,729

$4,456,195
1,340,694

C)13,ll3

Dr7,905

Cr76,427

Dr 161,669

-DM3,338

DM4,386

Drl63,688

DM46,016

$334,522
DM46,881

revenues-

$118,141

$3,597,104

$2,807,816

Cr22,722

Dr56,673

CM18.412

$3,540,431

$2,926,229

'

Gross

Joy Mfg. Co.—New Director—
Robert M.; Dale has been elected

V.

156. p.

Net

from

from

Net

director, succeeding David Ingle.—

a

ry.

Kansas
The

company

■

Net

on,

high,

resulted

record

but

in

smaller

a

income

well

taxes,,

dividend

$3,150,000.—V. 156.

than

p.

.

in

paid

was

1941

"November—

Net
/

when

from

Gross

Net

from

Net

railway..-.:. S3.228.596
;

opc-iv income-::

ry.

$1,792,490

$1,266,952

612.355

465,405

264,600

269,841

295,840

.

from

Gross

30,999.632

6.442.643

3,794,001

income.4,975,448

12.201,845

ry.

Net

dividend

of 25

SI.

par

cents

payable

V.

7

On Jan.

payments Avere made

2,902,141

-

2,238,681

1,557,166

1,458,630

railway

from

dividend yof

(G.) Krtieger Brewing Co.—12^-Cent Dividend—
dividend

A

of

12!4

cents

Net

from

Net
Net

railway—!.

from

.

J

89,090,301
23,080,509

80,531,361
21,474,388

Gross

24,057,725

15,445,928

14,509,115

Net

from

Gross
Net

ry.

—V.

129,098

income—

Net

ry.

!

goods sold,

1942

adinin. & sell expenses

*

1939

235,046

6,296,131

operations.!—.:—-._..L

profit ?from

235,608'

3,458,124

3,545,930

3,546,918

i;964.315

2.223.145

2)365,597

1.143,632

1.358,050

income,,.,

$2,612,113

'

$3,130,267
67,407

stock,

common

no

This

15.

value,

par

compares

with

payable

35

is

first

the

(2)

not

The

of

both

multiplication of

operations,

1939

in

drugs and

able to

taxes

Islahds,"
for

28

well

for

.

V.

156,

of

Net

ry.

—V.

pares

with

1941

Were

40,875

46,028

20,043

17,553

Oct.

14,

railway,.

3,127,3,68

2,043.761

1.568,239

1,-462.570

ailway...

1,444,708

824,636

525.424

463", 294

income,

411,594

370,155

.

....

230,146

$1

November—

Net

Net

.

1942

-

1941

Irani .railway,.,,
$490,443.
railway,.169,493

from
ry,

oper.

'

income,,,

101,108

From Jan. 1—

Gross from

;

$420,375
132,125
82,286

,

'

144,351

1939

.

' $377,799
;:'

.

99,428.

-

5,671.919

<

as

follows:

of

for

29

paid

$25,

to

Jan.. 14,

156,

p.

25. cents

1942 $1

4,065,281

1941

1940

1939

railway.—

:

$6,569,159

$2,921,753

$2,387,353

$2,323,338

2.605,220

122;475

616,531

385,211

income...

1942

1,605,123

•374,614

214,837

9,121

51,873,063

31,637,755

25.486,280

25,992,780

16,458,783

8.092,821

5,796,847

5,385,624

9,239,738
2041.

3,348,103

1,607,764

1,170,442

railway!—
railway—__
income—
156,

p.

by

at

and

least

local
the

taxes

we

dividend

a

holders

of

Of

last;

65

Jan.

14,

$1.25; Apr.

Dec.

cents

on

per

12, $1.10;

to

us

was

per

share, the

as

emphasis,

flyeT

in 1941.—V.

2,760,228

1,239,595

1)355,403

1,087,706

as

the

involving /the

also

use

Earnings—

Net

1942

Net

1942,

$209,941

$166,691

94,846
72,743

74,260

58,513

70,580

60,806

railway—_

2,513,066

2,222,148

2,090,108

1,813 656

railway...-.:

1.047,025

957,254

869,840

'746 608

768,347

790,779

847,725

791:390

opef income...

$209 803
93 577

103

184

From Jan. 1—

during

12, $1;

1939

,1940

$229,087

from
ry.

1941

railway.—
railway.!—

from

Gross

on

com¬

from

Gross

and

Net. from

—V.

recently declared on the com¬

same

190,530
3,755,314

mails

Net

share

121,619
4,590,689

a

Montour RR.-

1418.

per

'

with the Sears flyer, was on the soft goods
displayed a surprising number of "hard-to-get"
of metals.
Some of these offerings were at
prices unchanged from the big catalog and others, differing slightly
from big catalog goods, were at lower prices.
They included dinette
sets with chrome tubing and plastic table tops, kitchen cutlery, electric
roasters/ electric heating pads and fluorescent kitchen lights.
=
In textiles, price reductions ranged from two cents a yard on 68x72
Shoe pricepercales up to 14 cents a year on part-wool garbardines.
reductions were numerous, ranging from 37 cents on lines formerly
priced at $4.25 down to 20 cents a pair on a former $2.40 offering
in women's shoes.
Cuts on men's footgear ranged from 12 to 29 cents
a
pair.—V. 156, p. 2308.

our

share

This

July '14,

July

5.386,071
3,360,195
1,824,105

Montgomery Ward '& Co., Inc.—Issues Bargain Flyer

While

itself

Thus

Payments

1942.

3,787,851

-1,358,530

items

of

dozen

look

22.

306,303

2041.

p.

November—

cents

30

record

$485,839

247,679

outlook.

applic¬

company

serve

1939

$391,988

298,599
155,618

elaborately illustrated 120-page mid-winter bargain flyer featur¬
judicious mixture of cut prices and new goods was sent through
by this company on Dec. 29.
A year ago this company
dropped the annual sale event because of the general merchandising

the Hawaiian

them.

1940

$499,288

:

120,394

6,-426,818

income—

oper.

156,

the

specifically designed
require just as careful
pay for our own
account.
whom

1941

-

$555,726
333.484

An

a

taxes

"

railway.:..:!

from

ry.

>

has

affecting

income...:

oper.

Net

607.

wholesaler

38 States arid

these

194'2

"

railway.....
railway

from'railway—.

Net

Income

oper.

ry.

156, p.

2041!. ;

National Power & Light Co.- -Exchange Offer Terminated—
The

156, p. 1152.

Marshall Field & Co.—Sixth Official Takes War Post
Commissioned

Secretary
for

4,878.505

6,215,212

lines,

a

affected

is

as

from

r.v.

—V.

a

Major

the

in

States

United

Army,

Earl

Kribben,
.

75,348

102,504

-

railway,..

15,910,900

8,368,747

,

exchange offer dated Jan,

of company terminated on
31, .1942.. Pursuant to said offer, the holder of the $6 preicrrcd
stock of company had the privilege, of exchanging all or any p.ir • of
his holdings of stock in full share amounts up to 90% of. such hoklings presented for exchange for shares of the common stock of Houeton
Lighting & Power Co. 011 the basis of two shares of common stock ~jf
Houston for each share of
$6 preferred stock of National.—V.
156
p.
2308.
30,

1942,

Dec.

1940

$369,652

17,649,387

20,997,853

From Jan, 1—

stock, no par value, payable Dec. 28 to holders of record Dec. 26.
amounts'were paid on April 2, JUly 2 and Oct. 2, last, making

the total

Lehigh & New England RR.—Earnings—

32,035,605

oper.

from

Gross

Co.—30-Cent Dividend—

par

$1.15.—V.

dividend

A

Like

Gross

156, p.

and

regulations

$1.05 paid on Oct. 14;
14, 1942, and $1.15 on

Apr.

ou

mon

2040.

69,706,341
45,351,236

income.:;

2308.

railway—-.

from

ry.

Net

provision

Manning, Maxwell & Moore, Inc.—25-Cent Dividend—-

169,235

v

the

major/ phase of our business operations."—
'
;! ,(■ . :!/:/(;V;"//:/ :V?'v;

a

Dec.

stock,

common

44.993

p.

831,741

76,062,564

•Deficit.—V.

Net

tax division.

various State

"Most' of

;

Tl^e company on

45,186

oper

156,

the

tax

new

has become

1505.

p,

75,233

1

above,

taken.—V.

company's

company

by

said.

Maiden Electric

101.430

from

Net

be

pharmaceuticals

our

as

Murray

interpretation

tax division

$144,696

from

the

of

From Jan. 1—

Gross

action

watching and paperwork as do those we
Furthermore; many of the smaller retailers

$162,627

.

included

there are; others:, which Congress
by consumers.
These
latter

$190,217

income.

1,190,252
79,262,788

from

Gross

taxes has made their servicing a major phase
according to W. J. Murray Jr., President, who
the appointment of William C. Ettershank as

liquor,

as

Mr.

but

$256,655

.

1942,

payment

railway,.

oper

such

charge of

•

ry.

of

the operation of our 68 divisions in

r ailway,'..

from

Net
Net

Dec,

on

manufacturer

a

Federal

,

•

should

statement,

business

the
1940

1,423,855
101,650,499

Monohgahela Ry.—Earnings—

known, whether the company's contracts may be renegotiated
the effect may be. upon the profits of the company shown

what,

.

1941

4,052,334

November— '

composite rate of 66%%, which, in our opinion,
requirement? of the 1942 Revenue Act.
existing law war contracts are subject to renegotiation.

Under

is

pays,

1942

■

McKesson & Robbins, Inc.—New Vice-President—

par

Lehigh & lludson River Ry.—Earnings-

1,718,487

railway.....

from

Net

arbitrary

Vice-President

Coal &. Navigation Co.—Special Offering—A
special • offering on the New York- Curb Exchange^
Dec. 28, of 18,400 shares of Stock (no par) at $4 a share
by Hemphill, Noyes & Co. was oversubscribed.
There
was a special commission of 25 cents a share,—V.
156,
p. 2040,

1939

$7,526,274

2,025,222

161,174,905

p.

from

Net

$3.45

,

and allowances.

returns

months

nine

at

per

Co.—40-Cent Dividend—

Noveinber-

$2.01.

'

ing

Lehigh

Gfoss "front

!

ample to cover the

in this

a dividend of 40 cehts per share on the
$1, payable Jan. 26 to-holders of record. Jan. "4V
Payments during 1942. were as follows:
Jan. "26," 70 cents; "April 27,
50 cents; July 21, 80 cents, and Oct. 10, 30 cents.-r-V. 156, p. 2225.

stock,

$954,143: $1,630,675

■

...

the

directors haVe declared

The

1940

$7,825,089

2,583,781

From Jan. 1—

"that basis.

is

"As

Capital

1941

$9,769,655

8,067,522

income...

Net "ry." oper.

1,567,000

1,717,000

basis,

the

announced

Leece-Neville

2041.

Provisions

on

that

on

Jan.

Cents

corporate books but hot

$17,374,970
•

November—

Net

-

*

—

472,600 shares)

ion

is

25 to holders of recordshare paid each quarter
from Apr. 25. 1941, to and including Oct. 26, 1942, and 50 cents paid'
on Jan. 25, 1941.—V.
152, p. 2242.
Jan.

$3,197,675

$2,671,143

as

or

dividend df 45 cents per share on

2040,

pp.

on

Missouri-Kansas-Texas RR. —Earnings—
/

year

For

-& Co.—Larger Dividend—
a

156,

$500,231

accrued

railway-

oper.

156,

Gross

!

deducting discounts,

the

:

Lazarus

(F. *& R.)

After

are

156, p. 2040.

The directors have declared

$45,465

1942

oper,

ry.

—V.

For
the
year
1941
the' composite - tax rate
was
53.45%
of net
profit/accordingly the provision for the periods of 1941, included above,

2,903,280
1,855,943
1,284,931

>

de¬

railway

from

7.462,345

income

aboVe,

295,794

:

956,753

railway,_
.railway.-:.;::

oper.

Net

59,031

gen.,

"Net profit
Earnings per i share

is
-

1941

$8,908,244 $10,592,613

*

$413,254.

166,976

cx-

railway.

from

Net

"

Sept. 30—

1_—

Net- before : taxes.—

It

'

Gross

Co.—Earnings—

for 'Federal income and excess profits taxes
follows:
1940 the composite tax rate was 33.96% of net profit,
accordingly -the provision for the last three months of 1940, included

100,543

255,054

-

irom

Gross
■

"

from

from

Net

'

174.386 '

raihv.ay.

oper.

ry.

From Jan. 1—

in

November-

2040.

For

$347,127

i

normal

Missouri Pacific RR.—Earnings—

108,585,882
37,977,499

Notes—(1)

$386,276

$309,681

Cr$136,394Cr$3,484,855Cr$2,875,330

Cr$ 183,161

chgs._

being, paid currently.—V.

1,741,665

22,871,255

(above

.

1,320
49,578

2.401,907

62,598,269

Prov. for Fed. & State inc. taxes & excess prof.
tax •

1240, '

Superior & Ishpeming RR.—Earnings—
1942
1941"
"
1940 ' *
.November-

1,320
54,256

"

amortiza-

of

income—

sales

Other

Lake

;

'

120

4,349

120

4,361

tDoes not include interest being

per share

payment was omitted.—V. J156, p.

Gross

1939

$140,863

defense projects:

of

$8,290,299

3,153,143

3,242,026

.

railway.!:! 152,403,181

p.

fxd.

after

railway.—_

156,

Net

,

has been declared on the com¬
mon stock, par"$l, payable Jan. 16 to holders of record Jan. 9.
Similar "
payments were made on. July 16 and Oct. 16, last; and in each quarter
from Oct.; 16, 1939, to and including Jan. 16, 1942.
The April, 1942,

■"

1940

'$8,336,763
2,241,854
1,570,081

'

$187,642

preciation t

2,062,735

7,125,993

income...

.oper.

Cost of

40 cents per - share has been declared on the common,
payable Jan. 20 to holders of record Jan. 9.
Distributions of
were made on* April 20, July 20 and Oct. 20, last, While'
Jan. -20, 1942, a payment of 50 cents was nvade.—V. 156, p. 2225.
•

on

'

1941

1942

•

road

———

•Includes

Nashville RR.—Earnings—

&

cents each

20

paid

Equipment

,

12 Mos. End.

■

stock,"

■!

Net

MeGraW Electric

Kennedy's, Inc.—40-Cent Common Dividend—

.

income:2,151,116

"...

,

From Jan. 1—

,

'

charges

*

'.

equipment

and

2,515,824

oper.

ry

—V.

on the common
holders of record Dec. 26.
Similar
2, Mar. 28, Aug. 3 and Oct. 5, 1942.—:
s

A

2,723,233

railway.!.. $15,510,183 $10,186,529

from

Net

to

154, p. 432.

1

5,301,840

for

-Interest being accrued

189,115

share has been declared

per

Jan.

fixed

6.995,804

from

Gross

Kellogg Co.—25-Cent Dividend—
A

208.066
7,566.675

railway...,,.

from

Net
;

255;094

9,598,137
3,937,437

:

From Jan. 1—

156, p. 1953.

stock,

321,683

k

available

and

$754,727

308.874

256,738

oper.

ry.

(net).....

-

156, p. 2307.

Net

'4,576.006

3,124.073

r

130,091

'

1939

1940

$749,504

$915,531
384.925

206,197

14.089,302

November—

4.999 *76

:

.

1941

$1,570,046

income..:

income

tFixed charges:
R'eht for leased

railway,.".,

Louisville

13,112.815

17.368,623

12,559,935

oper.

ry.

—V.

railway—.

Other

inc..!:

oper.

Income

1942

"

oper.

from

Gross

-railway—:!

Net. from
Net

753,966

ry.

cess

$1,228,250
477,470

J 168,271

6,007,390

775;846

2040,

p.

railway,..^
railway...

from

Net

From Jan, J—^

-

from

r.v.

—V.

686,927

railway—!./

6,625,573

•

156,

equipment.:.:/
facility rents.—

(V. Net

23,683,710
5,982,906
329,834

23,203,807

121,766

of

'

From Jan. 1—

1939

1940

24,708,079

railway,::,^
8,205,000
income.:j." I 1,682.283

from

Net

Gross

1941

32.016.242

November—

2132.

' 1942

-

railway—

i:':.

than Fed. 1

(other

Hire

Joint

■

$2,500,000,
the pay¬

of

;v;:

.

$1,845,747

Louisiana & Arkansas Ry.—Earnings—

Kansas City Sdutherh Ry.- -Earnings—,

;

*203,563

e72.653
■..
■';

'

1942 were at a

excess

in

Taxes

264,624

*■ 17,171

.

oper.

r,v.

Net

:

422,281

from

Gross

The dispatch adds that the company's revenues in

new

$1,966,257

376,993

vDeficit-loss.—V,

85,381,250.

ment was

$2,085,748

204,948
*305,917

__

from

Net

City Power •& Light 'Co.—Dividend—

Dec. 28 paid $5 a shafe On 525,000 shares df
common stock, or $2,625,000,
owned by its parent company.
Conti¬
nental Gas & Electric Corp., a Kansas City; Mo., dispatch says..'This
was
the smallest dividend on the common stock in years and is less
than half as large as that paid in 1938 when the distribution totaled
f;

$2,934,092

income.:,

From Jan. 1—

2225.

Gross
*

railway,—_
railway.:.

oper.

Co.—

Ry.)

1942—Month—1941

revenues

Net ry.

and

15

Jan.

cents;

cents.—V.

25

Minneapolis, St. Paul &

1939

1940

cents

as

Period End. Nov. 30—
•Total

November—

25

Jan.

were

an

Dec.

Long Island RR.—Earnings—

'

Vyere made in each of the .30 preceding quarters.—V. 156, p. 1417.

dividend of

stock,

Securities' and

Exchange Commission announced Dec. 26 that
had approved the sale, of all of the outstanding securities of the
Council 'Bluffs (Iowa) Gas Co. to Raymond A. Smith, the nominee of
John Nuveen, Jr.; of Kenilworth, 111., for a base price of $1,235,000.
Such securities consist of 13,500 shares of common stock
{par $100)
and a $1,000,000 income AVi'in note.- Lone Star Gas Corp, was ordered
by the Commission in November to dispose of the company as a major
step in Lone Star's plan of compliance with the Public Utility Holding
Company Act.. The sale was to be made by Dec. 31.—V. 156, p. 2307.

value, payable Dec. 22 to -holders Of
distributions :were :madev on June 27, last:

1941.—V. 156,

The

a

'A

it

par

July 3 and Dec,. 23,

on

Lohe Star Gas Corp.—Sale Approved—

:

dividend of 50 cents per share

DedFlS. declared

on

• >•

3,947,865

and. Treasurer

immediate

active

of this

duty

Washington.

in

company,

the Office of

left

the

Dec.

on

29

to

feport

Chief of Ordnahce in

•

,

Net

Net

from
ry.

—'V.

railway..

oper.

156,

p.

2,202.554

income...

2040.

2,004,624

1,515,984

1,459,381

1,317,055

1,307,803

1,095,104

1,151,066

Lincoln' Stores, Inc.—Extra Distribution—

\

'

share

company
on

the

on

Dec.

common,

'23

paid

stock




to

extra dividend of 50
holders of record Dec. 22.
an1

cents

per

Quarterly

the

satne

the

tinie

Frederick

appointment

D.

Corley,

of John

D.

President

Andersen

as

of

the

company,

Assistant Secre¬

function as Secretary and
Treasurer while Major Kribben,
the sixth of the company's 11 top.
executives to engage in active war duty either in civilian or-military
"capacity, is on military leave of absence from the company.
For the
■past,several months Major Kribben has been civilian consultant ih the
tary

.

*

The

At

announced

and

Office

of

Assistant

the

Treasurer.

Chief of

Ordnance.

He

Neisner Brothers, Inc.—New

will

At

Fred

"and

a

D.

Neisner
p.

President, etc.—

special meeting of the board of directors, held on Dec. 21. *942,
was
elected President; M. H. Goldman, Vice-Prcsk; :it.

Neisner

213G.

H,

Morrison,

succeeds

his

a

member
the-

father,
.

of. the Executive Committee.
late
Joseph M. Neisner.—V.

Jr.
153.

THE COMMERCIAL & FINANCIAL CHRONICLE

44

dividend of $2

payable Jan. 8 to holders of record Dec, 31.
Distributions of $1 each
rvere made on April 15, July 10 and Oct. 9, last, while on Jan/15, 1943/

made.—V/156, p. 1154,; /

payment of $2 was

a

New

Gas

England

This is a decrease of

kvvh.

England Industries, Inc.—Pres. of Five Mills-

New
Robert

of Augusta,
Mr.

Portland

ofthis'

The

Transport,
Miscell.

been

has

the

in

active

tions':

at

is

He

ford;

Berlin,

N.

H.,

Central

Net

operation of the mills for

time,—V. 156,

some

1154.

p.

/,

.

141,759,361

;

should not; permit payments to, be made. which might constitute a
favor; of North • American/, to the prejudice of public'
Thus,, if there is a substantial 'visit;
that the payment in question would be such a preference, it "is our duty
to see that such payment be stopped pending final determination of'
/North American's rights in the liquidation."—V, 156, p. 2309. '/-/ft.
; we.

-1941

preference- in

■

security holders of Light & Power.

97.685.033

1,064,054
1,509,193

14,357,436

11,566,753

18,796,546

15,284.105

146,707

1,479,463

4,131,532

3,437,278

43,589,940

1,352,301
34,956,315

267,658

/ 1

190,004

2,838,048 .'; 2,020,080

235,242

3;31S,277- "ft 2,479.SOT

*

?

3I3;236'

Northern Canada

Joint

5,911,363

income/Lift;

57,332,651

487,000

Dr608,862

rent
income

oper.

ry.

,2,680.115

necticut

RR.,

Western

capital

July 31,

1936;

Providence Warren & Bristol RR.,

Electric

•

Association—Output Off 1.92%—

tEffectiVe
rentals are in¬
cluded covering the Old Colony RR., Hartford & Connecticut Western
RR., Providence Warren & Bristol RR., and Boston & Providence RR.
Corp. leases. • $For the purpose of showing the complete account for
the operated system, includes accrued and unpaid real estate " taxes
on
Old Colony and Boston & Providence properties; also accrued and
unpaid charges against said properties for-Boston Terminal Co. taxes

both generated and purchased,
and subsidiaries'for the week
ended Dec.
19, 1942
(the amount available for New England:, Power
Association
and
other
reporting companies and, secondary sales to
other utilities,!, was 63,279,730 as compared with 64,515,926 kwh. for
the week ended Dec. 20, 1941, a decrease of 1.92ft.
ft-:.;/ .//
Tne decrease for the preceding
week over the corresponding week
last
year
was
3,73ft, respective outputs being 62,132,620 and, 64,540,581 kwh.—V. 156, p. 2221./: /'./.ft -' Z'//:
-//"''''ftftft^'ftft":
Total

p,f

-

production

hours,

kilowatt

in

England

New

Association

Power

,

■

Operating
Net

expenses

Operating

Net

income..

156,

—

$1,221,406

November—

Net

from

Net

ry.

income—

oper.

from

•

V,

156,

'

1939

110,071

95,596

ft, 46,947

3.032,231

2.839,459

v

140,958

10.743,061

~r

171,876

279,588

*47,056

_

railway-/..

5,058,377

_

"• /ft/ft':/

v

6,193,728

-

2,561.636

1,157,158

1,272,798

513,824

company

439,233

Falls

Co.—Billings

purposes

ft'/ft/./-*

498,243,031

——————

17.803.681

ftft/ft

during. the

billings

balances,

Unbilled

contracts

the

balances

•Unbilled
additional
contract

of

of

the

the

during

'

.

v

by awards and letters of intent and the contract
prices, in some instances, are estimated.
The
unbilled balances of shipbuilding contracts at Sept. 28.
1942,
include such estimates with respect to vessels for which formal con¬
tracts
have
not
yet
been executed.
The company has since been
are

only

proposed

by the Navy Department,, of the cancellation of a
contract covering the construction of some of these vessels.
r
The above balances do not include the estimated contract
notified

Sept.

of

the

of

since the information
not yet available.

1942,

28.

company's

accordance

in

renegotiation

necessary

shipbuilding

current

with

of

provisions

the

subject
Section 403

to
of

are

No.

Law

renegotiation
cannot

now

of

balances

unbilled

and

•

contracts,

■

•-

-

rolls at Sept. 28,

-

1942,

Leased

Niagara Hudson Power Corp.—Two
A

of

series of financial

37,655,866

539,099.731

406 473,343

of

way

struc.

7,048.673

3.902,107

62,660.754

45 413,244

Maint.

of

equipment—

8,905,059

8,306,247

98.846.526

83 356,273

&

Other

635,097

566,066,

6,500,780

6 .107,106

16,788.053

15,054.8111

179,010,442

146 ,320,781

.—ft

j

iraili.

Transportation

Northern

The

1,717,384

1,518.859

18,448.765

15 ,141,054

17.449.137

8,307,776

173,632,464

110,134,885

7,270.597

3,008,586

77,714,848

42,330,379

1,443,025

1,526,658

16,650.351

•Ry.

accruals——."

tax

Equip.

deducts,

income

by the

Net

income. after

charges

•

156, p.

New

21.053,264

165.577

164,549

2,477.630

,284,040

1,728 884
26,506 867

_—

rail line
operations

Transport,
Miscell.

of

the

Murray

determination

for

the

between

road

>*"•ft

214,800

39,918,421

&

Western

Abandon

•■''/<•'•

•'//

the

on
Dec. 23 referred, to a special
question of whether the trustee in re¬

should

Commission

Jervis

for

and

be

authorized

permission
Monticello,

to
N,

petition

to

abandon

York

New

'dateji

Edison

'succeed

the

President,

16

hear¬

Co.

of

New

H.

Etc.—

knd chief executive officer

York, Inc.,

has

been

elected

2227.

p.

-

25,562

458 049

President

to

C. Johnson.
Harry J. Bauer, Assistant Viceelected Vice-President.
•
"
' :
Kehoe, Vice-President of - Consolidated Edison Co., and

late David




.

1942,
in

30,

to

Dec.

27,

1941

1938,

company

by

order

an

to

of

amount

due for

company

of

by. interim
the last six*

dated

Dec;

Companies

certain collateral.
in the matters of

27/ 1938,

Del,

of

indebted to the.
$11,100,000,

was

by

Wis.,

and

Minn.,

and

securities

to

Minnesota,

as

the
and
indebted-;

the

reducing

thereby

approximately $9,217,000.

the

1

income

approximately

note secured

demand

SEC,

previously

interest

•

interest front
indebtedness of

recapitalization
approved
by stockholders,
surrendered
substantially all the collateral

company

other

certain

the

Power

plan

a

Delaware

ness

of

States

of

.

reduce

1942.

Delaware

the
a

to

the

open-account

of

under

of Section

•*

,

was

to. waive

that permitted

respect
and

the

in

evidenced

.

stock of
the

common

company,.,

the provisions

to

forth,

the

on

to

with

for

which
Under

1943,

similar

manner

and

part

Delaware

desiring

company

June

to

n

1940

Northern

shares of

of

the

pursuant

Company Act.
the application set

of

was

by

owned

Holding

months

..

.

/

.ft

/

.

payments on. principal, this indebtedness subse¬
quently was reduced to approximately $7,500,000. ft. This application,
stated that it is contemplated to extinguish fully the indebtedness in

As

result" of

connection

the

with

liquidation

proposed

156, p. 2309.

V.

month,

•

the

of

Delaware company.—■
,

,

.

Croil

President

Hunter,

plained.
A

and

NWA,

of

Manager

General

ex¬

,

large

percentage

the

days is
given a priority because shipments not only include vital materials
from
plants, but also parts and replacements for factories engaged
in

addition

scheduled

U.

the

tons of cargo over

S,

planes

by

-

air

,

which

express

planes

cargo

carried

express

,

the

to

flights,

with

tract

of

production.

war

/ In

Army

was

these

•

,

.

hauled

regularly

on

operating under special con¬
Transport Command carried many

of

NWA

Air

the company's Northern Division to Alaskan bases.

Passengers Carried—

'

1

1

Although the company has reduced the number of scheduled daily
flights since some of Its' planes were turned over to the Government
for

war-time

November,

it''carried

service,

Croil

revenue

Hunter,

were

the

for
ft

of

Mid-West

month

totaled

to

related

and

since, the

started

company

with

Revenue

during

war

,

production
miles

passenger

report revealed.

company

:

"

business

Coast..

the

Home offices of this corporation,

port

passengers

cities

to

Pacific

3,488,061,

Moves Home Offices—

revenue

General

Manager, announced,
all along the company's
Mr. Hunter said, and a large number,

route,

missions

on

the

and

traveled

transcontinental

of

them

5,181

President

passengers

northern

centers

'

located at the St. Paul, Minn./ air¬

more

than

16

years

have

ago,

just

moved

to another section of that city.
"
'
The company has leased the Krank building at 1885 University
St.
Paul, and the various offices and departments have moved

field.—V.

156,

2309.

p.

"

./

-

/■

.

Ave.,

front

'

Northwestern Bell Telephone Co,—Earnings-—
Period Ended Oct.

31—/

revenues

2,447 015

2,200,619

Operating
Net

241,565

191,415

1942—10 Mos.—1941

1942—Month—1941

$3,265,963 $35,713,206 $31,668,803

$4,268,773

oper.

revenues—

taxes

.

4,543,493

ft;

559,208

income

1,718,381

1,160.258

15,507,453

22,843,157

/:.: Ohio Associated Telephone Co.—Earnings— /

oper;

(net)

589,174

5,918,660

4,361,641

Drl1,220

651,582

Brill,797

Drl69,094

/

Drl4,216

—

1,738,212

21,314,315

27,035,701

22,348

13.077

114,417

152,969

2,378.096

1,751,289

21,428,733

27,188,673

' 176,270

176,507

1,940,030

1.944,372

2,355.748

income(bal.)

items

ft

debt- :

income.—

.

;

2,201,826

;

1,574,783

19,488,702

25.244,301

156,

Period End. Oct. 31—

Operating
Uncoil,

Net

oper.

been

3 fteft

called

for

redemption

as

of

Feb.

1,

total

&

v.

American

Because of numerous

the

North

Light

&

Power

unresolved issues in connection with the liquida¬
Light & Power Co., the Securities and

on

the. company
$154,000 of interest

1,760

510,989

.ft

467.378

$28,310

$299,492

10,994

127,437

—r

$28,348

$17,316

-105

179.,

..

.$280,403
112.613

$172,055 ft

;

$167,795

Operating

for

Prov,

i

deprec.

753,283

-

•

"

$2,144,980 $25,149,728 $23,390,328
614,379
8,132,703-'
7,260,803

and
Z.

278,757

250,000"

541,612

amortization

1942—12 Mos.—1941

1942—Month—1941

$2,255,060

expenses

632,123'

'3,316,327

3,075.000

""

General

taxes

Federal

income

—

2,417,492

taxes-

2.254,995

1,582,100
3,143,900

profits taxes

.

1,805.600
1,553,500

Co.—SEC Prevents

American

Exchange Commission

by

income^.
2043.
/

Gross' revenue

Fed. excess

North

-

48,648

,

Ohio Edison Co*—Earnings
a

debentures, series due 1949, and $187,000 of 3-%ft

1868.

983

."«•/ 53,826

589

revenues-

Period End. Nov. 30—*'

1943,

series due 1954, the 3V2S at 101
and interest and the
and interest.
Payment will be made at the Central Han¬
Trust Co., trustee, 70 Broadway, New1 York, N. Y.—V,

101

$750,055

$811,464

$77,137

$28,937

—_

taxes

> Net oper.
—V. 156. p.

American Co.—Debentures Called—

have

$82,868

revenues.. /,.

expenses

Operating

1942—10 Mos.—1941.

1942—Month—1941

revenues

oper.

Operating

459,337

2137.

p.

2042.

p.

Bank

about

$5,337,444

4,802,968

$582,279

income
fneti.

rents

income

payment

ft 5,033,907

$539,384ft $4,768,961

income-^-.

Net

funded

tion-of

$10,371,351"

6,585,035

.

—V.

156,

p.

$11,353,996

510,920

855,026

28,937,694

.debentures,

156,

$1,050,304

$1,437,305

—

51,780,851

inc.

at

21,211,970

42,140,788

of $150,000 of

over

24,282,279

57,648,241

North

33/4s

85,432

2,207,471

3,702,381

:

—V.

76,931

2,827,531

expenses

Operating

8,188

4,862,639

ry.

on

3,937

rev,

4,099,243

rents

Gross

Int.

—

oper.

Cr54.212

Payment of $154,000 Interest—

--

of Consoli-

/;./'■/

'5,817,624

facil.

miles

Public

Y.

Corp.1—New-President,

has been

*

Arthur

Steam

Tapscott, President

the

open-account

on

year

revs.—_

oper.

ibperating

Ry.
Jt.

There

Hulbert

company

Port

Ry.- -Would

this

tax accruals—

ry.

Equipment

V,

/ 9,092,932

ings were held by" the Special master, Basil O'Connor:—V, 156,

Ralph H.

Net

Net

Ontario

Commerce

Interstate

55,521

for investment-

Railway

Net

24,335,174

the distribution

of. the Commission

Net- oper.

Other

3,490,200

taxes—

Judge

for

1,688.644

233,693

——

—.ft.—..—

Transp.

43,928,231.44,905,236

42,797,495

of

end

22,521,489

Traffic

4.041,738

"ft'ft

31,

Delaware,

Uncollectible

25,889 095

1,286,518

.

the

at

of .the latter

reason,

Operating

,823,017

8,149.449

1,356.079

change

Minnesota

11,169,028

1,192,868

Cr37,578

-ftft

the

110.601,247

2,286,064

16,845,441

ft--

organization

Dec.

•/-/■■■$

S

struc.

&

way

2042.

York

; Federal

master

taxes,

12.916 901

of. equipment.—

70,526,923

•

due

company

the

further

127,595 143

of

15,607,910

'•••./

to

.' 10,496,977

Maint.

94,875,175

3.894,109,

B ranch—
;

.....

of

1 e>

A

1942- 11 Mos.~1941

1942—Month -1941
ft-" $
:■ -ft/
$

Maint.

income &

profits

excess

—V.

fixed

—

•Includes Fed.

11

the

.140,755

4,012.980

ft

not

Minnesota

12,228,977

operating revenues_

2.364.849

charges...—

installments

desire

the

the proceeds to be

share,

Western Ry. Co.—Earnings

&

Period End. Nov. 30—

Ry.

1,587,707

.

a

from

———

fixed

Total

53,681,437

79,267,265

all

ft ft. The

27,000 additional common shares at $100 a share, the proceeds to be
applied to the full payment of cash advances made by Niagara Hudson.
156, p. 2308.

5,360,239

1,536.423

10,271,938

income

Miscell..

3.772.532

3,735,515

income

Total

•

rents

income.

oper.

ry.

Other

facii.

jt.

&

Net

ry. oper.

Subsidiaries Per¬

transactions within the holding company system

additional common shares at $100

24,500

14.123,019

expenses c_i——

Net rev. from

intermediate holding ft company! subsidiaries of the
&
Light Corp. system, filed application with the
Exchange Commission Dec. 23 to postpone to June 30/

The reason for the postponement, according, to the application, was

a

applied to the full payment of cash advances made by the latter to the
former.
The Hudson Valley Fuel.Corp. will sell to Niagara Hudson

General

ft

t ft
1942,

Securities and Exchange Commission.
Development Corp. proposes to sell to Niagara Hudson

approved Dec. 29

Norfolk

52,543,403

revenues

*■
stay oh Nov. 6,

corporation, enabling two subsidiaries to pay off cash advances,

the

was

1942- -11 Mos. —1941ft

Maint.

Traffic

1943,

Corp.,

S

operating

Ry.

.

.

mitted to Settle Debts With Stock—

Lines)

1942- -Month—1941

.

-

—V.

Co.—Earnings—
All

Including

Period End. Nov. 30—

such
«•'

the company

be notified that the company elected the stay on the
terms
granted by the Court
in place of the alternative proposal
offered by the Federal Power Commission.—V. 156, p. 2308/,//
Power

such

2227. 1

p.

New York Central RR.
i

of

any,

of
•

•-

employees on the company's
156,

if

effect,

the

and

estimated.

25,000.—V.

exceeded

amended,

as

billings

upon

be

number

The

528,

as

the power company, pending decision of the
appeal, from compliance with the Commission's orders.
One of the
conditions proposed by the Court in granting this stay required that
stockholders of
the parent company,- Buffalo, Niagara and Eastern

•

Public

Court.

Circuit Court of Appeals granted the

S.

thereby.-released

and-

the preparation

to

contracts

Inasmuch

capital surplus.

a

when argument on the application for a stay was heard

Circuit

The U.

is

estimates

such
All

charge to

the

company,

the

by
■

of

prices

received construction awards

vessels for which the company had

several
at

ft-

>,

power

capital surplus this alternative proposal was referred to as not
interests of the company and stockholders by counsel for

no

the

contract

to

period.

ft

" *- ft

both

Prior

in-the best

the period and
prices by

of

beginning

additions

net

make

to

the company's present shipbuilding contracts

large part of

evidenced

and

increase of

an

(Minn.)- -Seeks Delay ; In

indebedness in the approximate amount of $7,500,000.

,//

'/

for the
compared /with

system;

as

year,

Power

Securities: and

Minnesota

1921, which expressly provided that The
in its project accounts the amount of
company's hydro-electric properties as
The Federal Power Commission has refused

.

'*

kwh.,

week last
' ft" ft'"' '

the license.
Northwest Airlines, Inc.—Air Express Up—
/
negotiate' the "fair value" of the properties and Instead, oh June 9,
The movement of vital materials from war production centers and
the Federal Power Commission issued an order which directed >
a
pre-season rush of packages containing Christmas gifts for men in
The Niagara Falls Power Co,
to write off approximately $15,500,000
from its fixed capital and to charge this amount to its earned surplus. • ft camps throughout the country brought about a large increase in air
express carried
by this corporation's planes in November, it is an¬
Since the company's surplus was approximately $3,000,000, compliance
nounced.
with the Commission's order would have created a surplus deficit of
During the month air express pounds totaled
101,709 pounds, as
approximately $12,000,000.
,c
'
"
/
compared.to 49,176 in November. 1941, while air express pound miles
Subsequently, on Nov. 2, 1942, the Commission suggested an alterna-,
increased from 45,063,326 in November of last year to 73.708,710 last;
tive to -its- previous order which would have permitted the company

had

2,164,191

3,259.380

2,

./■

r

Co.

Power

40,625,000

„

ft/' ft ft -ft ftft'
473,380

y//:

416,889,339

at

contracts

adjustments

and

2.637,571

'

received

contracts

changes

Notes—A

ft-/'-

.

period 452,336.826

Mar.
the

2309/

p.

States

totaled

corresponding

1942,

265,038

the

at

of

close

/ Co,/(Del.),

to

-

Northern

1942,
the

to

$

S

3,542,418

434,693,020

period

.V

"ft- vft-

$

45,906.205

contracts

Less

$

of

the date of

of

.

of

balances

on

the

19,

Northern States Power Co.: (Minn.) and Northern States Power

/ The

ft

Power Co. set up

Falls

"fair- value"

the

/-'ft/-.'ft/ft-

Co.

Power

power

Hydraulic / :ftz/
Shipbuilding Contracts
Turbine Contracts'
Sept. 28, *42 Sept. 29, '41 Sept. 28, '.42 Sept. 29, *41

13 Weeks Ended—
•Unbilled

mailed

28

10,238
$61,797

ft;

(Del.)—Weekly Output—

Northern States Power Co.

orders

;

„

/
.
Power
Commission issued a license to The Niagara
for the diversion of water from the Niagara River for

Federal

The

2042.

of Contracts in Process)
.ft.//" ft. ft ft' ft ft'" ft: ft". ///ft"/,;:;

:.

,

Dec.

on

Dec,

156,

Harcourt

proceedings now under review in the courts.

1,072,682

1,255,029

.

iStatement

ftftft: ft./,

•':

■■■;

;

handled legal mat-;

has

who

Mr.

v

2227.

p.

of

output

ended

Debt Payments—;

/
;

stockholders of its parent com¬
pany, Buffalo, Niagara and Eastern Power Corp., a letter with refer¬
ence to' a stay
granted by the U. S. Circuit Court of Appeals for the
Second Circuit in the pending case of The Niagara Falls Power Co.
against the Federal Power Commission.
The explanatory letter, in¬
cludes
a
brief
history of the dispute between the Federal Power
Commission and The Niagara Falls Power Co. and a statement of the

$279,184

$334,182

Newport News Shipbuilding & Dry Dock

'■•••••

Russell,

T.

1906.

,

1

States Power Co.

plan of dissolution

since

•

.

shares of no. par value.), $500,000;
earned surplus, $249,533;. total, $898,400/

(

kwh.' for:

//

Both appointments became effective Jan. 1.
been appointed a director and member of

Charles

company

1940
372,035

9,954

1,000,000
.

,

9.2ft —V.

Committee.
succeeds

the

Niagara

''

^

'

(issued,

37,215,000

succeeds Henry C.
Carpenter, prominently identified with telephone developments in this
section since the turn of the century.
Both Mr, Carpenter and Mr.
Russell retired in accordance
with the company's retirement plan.—

.

Net ry. oper. income•Deficit.—V. 156, p.

/'/'■

has

also

Brown

Brown

for

The

1940-

1941

.

$538,565

751,322
-

railway-

from

Net

Mr.

Mr.

RR.—Earnings-

$1,229,604

_

railway——.

From Jan. 1—-■
Gross

1942.

>./,/

railway—

from

week

Niagara Falls Power Co.—Reviews FPC Case—

New Orleans & Northeastern

Gross

2308.

p.

1938.

leased

stated

the

York Telephone' Co.—New Vice-Presidents—

Executive

ters

1955.

p.

156,

for

-

Standard

1943.

7,942,765

7,848,215

interest.—V.

New

the

$11,663,269 $12,115,815

814,489

847,568

—ft—

income

—V.

•_■'

taxes

oper.

$2,366,481 $24,200,495 $23,342,001
1,145,075
12,537,226
11,226,186

$1,231,161

ft

•

-revenues™

charges

no

charge of staff functions.

$7,430,501 $76,788,756 $71,814,188
15,225 ft; 103,753
141,101
5,048,795
52,484,508
48,331,086

$2,670,867
1,439,706

oper.: rev.

oper.

Net

$8,059,170
8,774
5,379,529

revenues

Uncollectible

1942—10 Mos.—1941

1942—Month—1941

Period Ended Oct. 31—

Operating

bond

and

dates,

Ralph W. Brown, General Attorney for the company, has been
i. appointed Vice-President and General Counsel; and Clayton J. Harcourt, Assistant Vice-President, has been appointed Vice-President in

Telephone & Telegraph Co.—Earnings—

New England

these

stock

Northern

Old Colony RR., June 2.

1937; Boston & Providence RR. Corp., July 19.

11,

of

as

9,811

'

$55,445
$73,423
Sept. 31), 1942:

distributable surplus, $77,369;

income includes the resufts of opera-.
1936; Hartford & Con¬

but net railway operating

$83,377

,

r-V, 155/ pf/307.

following companies were rejected on dates stated

tion of these properties:

1941

865,256

.

piofil;

Net

3,148,229 / 1,206,472 •29,741,070' '16,860,587'-,
.,$2,047,852. '.$103,543. $17„659,386; $4,668,370

after, .charges——

•The leases of the

7,045.250'

.

1942

int.—

and

Balance Sheet at
;
'
:
1,804,551
37,251,051
22,980,721
-/ft Assets-—Cash," $55,154; accounts receivable,' $285; advances to em¬
Dr329,224 Dr4,110,495 1^3,598,821
ployees in the field, $2,154; shares; in, other/ companies less ' reserve/
£>r423,060 Dr6,015,736 Dr4,621,254 ,/ $722,591;, interests in claims
and explorations account, $117,406; office
furniture and equipment (less depreciation),'3810/ total, S898,^400." / .ft
1,052,267
27,124,820
14,760,648
Liabilities—Accounts payable,- $1,498; explorations reserve, $70,000;;

3,567,563

avail, for fxd. chgs.

Feb.

New England Power

dividends

Expenses';'/•

30,025,971

20,131,600

jDj:278,586

rents:

facility

below,

2,291,551

.2,343,800

accruals—

Mines, Ltd.—Earnings—

Years Ended Sept, 30—

rail¬

operations
tax

oper,

tNet

'.v;-'-".

.'.ft

.

8,874,029

154,150

linei

.from

rev.

Equipment

Inc.

Central

RR.;

g

"Light & Power is undergoing complete liquidation pursuant to the
Holding Company Act, under our jurisdiction," the SEC said,. "Cleqriy

Income: from

of

one

the following:

director of

a

Maine

trail

operations

•Net

New England's largest'-'organiza¬
Oxford Paper Mills at RumMaine Power Co.; New England
Public Service Co., and Maine Seaboard Paper Co.
;■ 1
/.ft; 1
Mr. Braun succeeds the late Walter S. Wyman as President of the
textile-mills.
He has been closely associated with Mr. Wyman in the
Co.

„

General "fexpfenseV ft/ft.

Ry.

:■;
:./v
reorganization proceedings of the

Me.

Braun

Brown

v.

——.ft'.,;.,./

Railway

Mill'

"

-Earn-

'

Traffic

President of the five
include Androscoggin.

elected
mills

been

has

corporation.

Hill of Lewiston; York Mills of Saco and the Edwards

and

Bates,

of

Braun

mills

textile

"

•„

1942—11 Mos.*

-Month—1941

1942-

'/

13,851,280
oper.
revenues—J,
Mairit". of .way & struc.
1,361,934
Maint,
of
equipment-//' *1,711,407

way

ft

ft,,-ft

ft'

New Haven & Hartford RR. Co.

Period End Nov. 30—

/■ t^at/ the amoqnt.be; segTegafce^^ft.oin-'Ot'her^fu'ndSi1.:until^a/.finabprderwas handed down.
/*
'•
ft'1'
.
;

members,,, pi .the': board; of

made

Corp.—Vt"l56, "p. 1778'.

Ry."

25/this Association

week ended Dec.

the

10,853,304

Steam

New York,

;

,

Association—Output—

Electric

&

t,>'

reports electric output
30,384 kwh., or 0.28Z: below
production of 10,883,688 kwh. for the corresponding week a year ago..
Gas output for the Dec.
25 week is reported at 166,449,000 cubic
feet, an increase'"of ■36;7'50,000'*xU&ic» feet.ftor '.28.32% \ abOVe-'ftpVoduc-1'
tion of 129,699.000 cubic feet, in the corresponding week a year ago.—
V. 156, p. 2308.
ft/.'
.ft"///
■" // '/.'/': ft'; ft'..i:,
For

of

Recker/fta; trustee, have been

D.

York

New

the common stock,

share has been declared cn

per

hfeal

Dividend-—.

Naumkeag Steam Cotton Co.—$2
A

Monday, January 4, 194$

Dec. 29 issued an interim order prohibiting
to its parent, the North American Co.. of
on debentures due Jan. 1.
The SEC directed

Gross

Int.

and

:Net

Divs.

income

other

—

deducts.

pref.

156,

285,08T

$7,440,425

3,462.653

3,447.575

.$363,389

$3,094,547

155,577

1,866,923

1.866.923

$1,227,624

$2,125,927

$241,517 ft.
p.

$6,557,200

155,577

stock

Balance
V.

28 4,314

$648,478

$397,094

income
on

$681,408

2137.

/ft

$207,813

.

-

$3,992,850

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4139

157

Volume

to

Called—

Oklahoma Gas & Electric Co.—Debentures

other

companies; (Petroleum. Acceptance" Corp.);' $408,173;-miscel¬
investments, $116,437; fixed assets (less reserve for depreciation

laneous

for redemption as of Feb. 1, next, a total
of $745,000 of 4% debentures-due 1946 at .101 Vst and interest. •-Pay¬
ment will.be made mt the Schroder Trust Co., trustee, 46.William St.,
New
York, N. Y., or, at the option of the holders, at the Harris
Trust & Savings Bank,
115 West Monroe Sti, Chicago, 111.—V, 156,
p. ,1956. ," 'i
'
•
•
v.:
called

been

have

There

•

of $2,463,408), $2,133,835; patents and goodwill, $1; total,
Liabilities—Bank loans; $400,000; notes and accounts

•Gross

Net -income

,

.

Earnings

per

1941

$9,812,109

3,412,239

3,378,615

2,549,213

Mr. Martens

$3.56
X'y\

drawn—

'"its

6\'p preferredi'Stdck,
Corp.—V.-156, p. 2227.

directors

application to
all of which is owned

by the Middle West .
;■ \
4V/

'-^01

the

stock and the usual

common

on

second

Net

record Jan, 15,

Pacific Finance Corp. of Calif.—Par Value
stockholders

Other

income

of

shares

stock held

common

in

■

.

preferred stock and 62,766 shares of series C 6 Vz % preferred under
an offer made on Dec.
1.—V. 156, p. 2227.
T.,;Ty ;::-y•'V' ■:

Pacific Telephone
;

-Operating revenues
Uncollectible

'

,

V"

-

$2,771,220

Operating expenses

$2,135,926 $26,329,563 $20,739,294

5,201,747

Net

revenues.-

oper.

1,654,080

Operating taxes

1,081,705

.

Net

1,545,945

!|,»;

•

;

15,327,210

16,017,295

•;»V."

Vt'..

■//'-A{?:■

for

have

154,

of

Consolidated (Inc.) reports for the nine
months ended Sept. 30, 1942, estimated net income of 1,070,594 pounds
sterling (equivalent to U. S. $4,319,846» plus 92,811,719 bolivianos,
before providing for income taxes.
After taxes estimated net profit
amounted to 1,070,594 pounds sterling (equivalent to U. S. $4,319,848)
plus.21,864,219 bolivianos. -This compares with profit after taxes of
464,911 pounds sterling (equivalent to U. S. $1,875,915) plus 13.925,805
bolivianos for the same period in 1941.
Tin in concentrates shipped
but not sold at Sept, 30, 1942, was valued in inventory at £ 333.10.0
per long ton of fine tin (60 cents per pound)
f.o.b. South American
ports, as against £ 250 per long ton of fine tin (45 cents per pound)
at Sept. 30, 1941, c.i.f. Liverpool,
•
Estimated profits ,for the first nine months of 1942 give effect to

the

of

£1,—V.

sterling

pounds

to

■

U.

S,

dollars

156, p. 1869.

■

$4.03 Vh

ai

is

surtax

7,;

1702.

p.

Suburban Water

revenues

Taxes

Net

.

20,154,552

•

86,894

*$210,834

5,072

.
i|■ I

1'>m

11

1 *»..

*$309,656 *$3,288,345 *$2,103,034
5,073
45,683
22,547

(
.

1—U.*■ m

n..li■ 1»

1

>:

'

r'

■

|

I

■

-

■

y

,■

■

'

.

earnings

and

1941

Service

r

$1,669,351

To

S.

V.

company

11.810

156,

1839.

p.

,

.

149,515
248,041

-

':

93.976
242,207

,

$584,828

$621,870

presently
be

also

outstanding

used

to

bonds

the

at

pay

Co.

;

declarations and

applications have been filed with thq SEC by

of New Hampshire,

Co.

Twin State Gas & Electric Co.,

New England Public Service

-

.

.

A

Act.

statement

follows:

as

of

the
•

,

transactions therein

proposed are

sum¬
'

,

•

■

.

-

.

proceedings under Section 77B.—
•

,

will

.

Court at Philadelphia has authorized the pay¬
due July 1, 1942, of $25 on the 5'i first mortgage
be made at the offices of the Fidelity-Phila¬

reorganization

its

104.

fl

will

is in

>

sell to Public Service and Public Service pro¬
poses to acquire from Twin State (both subsidiaries of Nepsco)
the
latter's rights and properties used in and pertaining to its electric and
gas business in New Hampshire and its electric business in Maine,
together, with $10,000 of 3% deferred debentures of Dec., 1, 1936, and
20 shares of common stock
(no par)
of Nepsco Appliance Finance
Corp., incidental current assets and incidental other securities and
real
estate
(called the "New Hampshire Properties"), for a cash
consideration of $4,048,978 '(plus net. current assets)
Twin State pro¬
poses to use. the proceeds from the sale of its.New Hampshire Proper¬
ties to redeem its $2,435,200 first Tien and refunding mortgage 51/2%
gold bonds, series A, dated March 2, 1925,. and due March 1, 1945, at
the
current call price
(101 ¥2%
through Feb. 28, 1943, and 101%
from March 1, 1943, through Feb. 29, -1944), and to reduce its out¬
standing bank loans from $2,255,250 to an amount estimated at
$429,800.
v>:,
Public Service further proposes to acquire from Nepsco, and Nepsco
proposes to sell to Public Service, for cash the following assets at
prices indicated:
,':.1
1
•.Price
(1) Interest held by Nepsco in 1,000 sh&res, of beneficial v
'
;
interest (no par.) of Swans Falls Co.
$150,000
(2) The following securities:
Nepsco Appliance Finance Corp.— :■ •''

delphia Trust Co.
The

sold at com-

to be

Co.* the last named company being, re¬
registered holding company, pursuant to Sections 6, 7, 9, 10 and 12 of

District

the coupon

Payment

The bonds are

Acquire Assets of Twin State Gas—

Joint

and

Phildelphia & Western Ry.—Interest Approved—
U.

of

proceeds

Public Service

156,

bonds.

1943.

of

amount

price

the

Public Service

676,000

10,967

254,420

ment on

1,

outstanding bank
loans to pay for the New Hampshire properties of Twin State Gas &
Electric Co. and for other assets to te acquired from New England

$1,645,863

676,000

248,751

The

$24,500,000

;

face

of

Part

.'

85,619

$63,101

H.—Registers

:

call

current

673,354

.

573,226

$693,271

N.

and the prices at, which the bonds will be offered to
well as nqmes of underwriters, will .be supplied by

as

$18,929,000

-

.

696,237

$1,785,118

260,669

of

company also proposes to issue, and sell privately for cash at
$2,500,000 of unsecured notes and also to issue, and sell 3,284
shares of common stock, no par, to New England Public Service Co. for
$197,040, or $60 per share in cash.
/
'
:•
■
Company proposes to use proceeds to redeem and retire the entire

$2,449,010

.

$1,866,935

279,100

(or

Vice-

a

The

129.793

tax_i„"

income

exps.

Eal.

-v.

$2,493,359

127,771

avail, for divs.„
p. 2138. ■:.

Retir.

has been elected

Twin State proposes -to

131.779

deprec.)

Federal

26^,538

,

par

marized

94,802

.

public

amendment.

1939

.

89,134

1939,
1957.

156, p.

Co.

1973, to be dated Jan,

the

|6,220,161

1940

759,099

544,862

director.—V.

a

petitive bidding

excess

.

———

361,887

-

.

$2,675,996

:

29,817

*$334,400 *$3,604,549. *$2,343,025
y':.'V
.':r

The company on Dec. 24 filed a registration statement with the SEC
for $22,000,000 of its first and general mortgage bonds, series h,
due

the

Fed.

tax)

41,536
*$247,298

Securities—

Co.—Earnings—

821,181

*$304,583 *$3,242,662 *$2,080,487

Walter P". Marshall, Controller since

Dr2,458

$7,910,570
and

*$205,762

/■■■;>

President

$7,793,573'
1,575.875

•

14,309 '

:

;

New Vice-President—

•.;.;

$2,782,918

Interest charges7
Amort. & other deducts.

to

•

1942

—

includ.

(not

income

V'.:; xXXXXi

X"

tax.

expensesyiinclud.,

1942, resulting from amended

XXXtXv

$19,016,673"

20,998,531

*$206,188 *$2,321,654 *$1,137,879
5,500
55,000
55,000
97,968
911,691.
910,155

5,500

income

V ?Loss*:'

called for redemption as of Feb.

been

maintenance)

agreements covering the sale of the company's production, and in¬
cludes; non-requrring profit of
£182,780 plus Bs. 12,715,529 before
taxes on account of settlement in 1942 for late 1941 shipments and

inventory.XX-X

Net

first mortgage

Oper.

Patino Mines & Enterprises

:t; Conversion

Gross income

Payment

Gross

Patino Mines & Enterprises Consolidated, Inc.—Earn.—

1,

normal

12 MOS. End. Nov. 30—

poration above.—V. 156, p. 2227.

to Jan,

*$118,440

i.

Deducts.'from gross inc.

6,886,075

1,555,875
'

'

Federal

Philadelphia

Stockholders of Air Investors, Inc.—See that cor¬

price' increase retroactive

2,070,358

Dr292,620

6,872,158

.

Prefer¬

Pan American Airways Corp.—Makes Offer to

f

.

1, next, a. total of
5Vst';>r gold bonds, due 1972, at 105
and
will be made at the Fidelity-Philadelphia Trust
Co., successor trustee, 135 South Broad St., Philadelphia, Pa.
' ;
\
Certain other bonds, of the same issue, previously called for redemp¬
tion, have not as yet been presented for payment, it is announced.—
V.

ence

1942—10 Mons. 1941

$1,864,170 $18,676,877

oper

•

Philadelphia Electric Power Co.—Bonds Called—

$239,000

$1,054,221 $10,694,818 $10,146,777

885,275

—•

p;; 2138.

156,

$1,117,140

income

oper.

income

Net

J——.-—.;

~"'"• $9,480,754

income

interest.

—V.

cable

&

Operating income..—
Non-operating income—

$16,352,913 $14,679,653

.a,——

deductions

on

There

10,592,517

15,634,745

tel.

oper,.- revs—
Taxes assign, to oper.—

profits tax
for the 10 months ended Oct. 31, 1942, have been made on the basis
of the 1942 Revenue Act.
It is the opinion of the officers of the com¬
panies that there is no liability for Federal excess profits tax for the
year 1942 except as to one utility subsidiary, in which instance Fed¬
eral excess profits tax tor the 10 months ended Oct. 31, 1942, is pro¬
vided for after the application of the post-war credit.—V. 156, p. 2303.
♦

Net

income

'Provisions

225,930
48,452,376

302,818
56,877,060

Br506,058

——

Consolidated net income

$7,362,173 $83,509,441 $69,417,600
24,500

2,107,409

revenues

$16,858,970 $14,972,274

;

.

cap. stocks of subs, held by the public
Minority interest in undistrib: income of a sub.

1942—10 Mos,—1941

$8,982,861
23,500
6,188,141

—-

rev.

oper.

Co.—Earnings—

& Telegraph

*: 1942—Month—1941

Period Ended Oct. 31—

'

Divs.

value from
•
•■•'"'

par

revenue

(net) V——

income

Unchanged

the. retirement of 23,104'
the treasury but rejected a proposal

$10 to $1 per share on the remaining.
407,852 shares.
•'■.••
It was announced that the company has .acquired 53,179 series A 8%
reduce'the

to

$1,988,969

Public
Gross

approved

19

Dec.

on

revs.
exp-

Uncollect,

and subs, and;other street railway
of Philadelphia Co.) y
;VV' :

subs,

•

operating

Total

The

oper.

.

quarterly dividend of $1.50 per share
preferred stock, both payable Jan. 25 to holders of
Payments of $1 each were made on the common stock
cn Ma"y 1, Aug. 1 and Nov. 2, last, while on Jan. 26, 1942, a distribution
of $1.50 per share was made.—V. 156, p. 1332.
/
'
the

cable

cable oper,

Net

,':K
1942
1941
Operating revenues LJi——U.-.i-Jl— -Li :!,,$56;0'28,800'' $51,891,044
Operating expenses
-20,073,204'
18,415,903
Maintenance *and repairs —
—-———T3,389,856
3,566,092
Approp. for' retire. & depletion reserves—..—" ' 7,082,024
6,602,297
Amortization of leaseholds—' 2,941
26
Amortization of utility plant acquisition adjust,
690
690
Taxes (other; than- income taxes) —yi.————i
3,339,809
3.218,197
Prov. for Fed. income taxes by utility subs.—
4,170,134
4,301,661
Prov, for Fed. excess profits tax by a util. sub. •
386,148
•..•185,310
Provision for State Income tax——
;
'
725,024
628,593

dividend of $1.25 per share on

declared a

29

Dec.

on

1942—Month—1941

&
&

12 Mos. End. Oct. 31—

23 permitted

Co.—$1.25 Common Dividend—

Outlet
The

f:-

the
pajr $79,875 of dividends/on

Exchange Commission on Dec.

to withdraw ;an

Period End. Oct. 31^-

..

Tel.

Tel.

in

(Not including Pittsburgh• Rys.- Co.

.

The Securities and

company

■

-

Plea With¬

Oklahoma Power & Water Co.—Dividend

♦.

.

Vice-President

was

Philadelphia Co. (& Subs.)—Earnings—

$3.52

.

,' Xy.i v-l.!-,;,

;;

Postal Telegraph, Inc. (& Subs.)—Earnings—

charge of sales of the corporation
from 1933 through 194I.-^V; 155, p. 606.

shares

(550,000

share,

common

.outstanding)
156, p. 2137.

Corp.—Resignation-

Treasurer

'

—V.

Products

2,529,377

—-

——,

directors

accumulations

payable Jan.

William C, Martens has announced his'resignation as a director anil
of this corporation, a subsidiary of Johnson & Johnson.

.1942.

$11,485,974

"

revenues ——
— ———income after ■retirement- reserve accruals

have declared a dividend of $2 per share on account
on'the $6 cumulative preferred stock, no par value*
15 to holders of record Dec. 22.
Distributions of $1 per
share were made each quarter from Jan. 15, 1940, to and including
Oct. 15, 1942,
Arrearages at present amount Ao $14.25 per share.-V.
156, p.
1155.
'
of

payable, $1,*
deferred income, $84,710; reserve for contingencies, $384,108;
capital stock, $1,824,928; capital surplus, $1,752,835; earned surplus
(since June 30. 1939), $1,043,935; total, $7,231,400.—V. 156, p, 2043,

Oklahoma Natural Gas Co.—Earnings—
12 Mos. End. Nov. 30—

Portland Gas Light Co.—Accumulated Dividend—
The

$7,231,400.

740,884;

Personal

Operating

45

■

100

^10 shares common■ stock (no
-

Fenn Traffic Co.—12V2-Cent

;

Dividend—

cents per share'has.been declared on the com¬
Jan. 25 to holders of .'record Jan. 11., This com¬
pares with 10 cents paid on July 25, last,, and 12 V2 cents each on
Jan. 24, 1942. and July 25, 1941, and, 15,,cents on Jan. 25, 1941.—
A dividend

mon

V.

12'2

of

stock, payable

155,

2187.

p.

;

,

1942—9 Mc
ios.—*1941
' 1942—3 Mos -*1941
$$595,853 •' $644,039 4$1,398,280
$1,502,146
share. :
$0.43:
$0.47
$1.02
$1.09
i; "Adjusted,
tAfter provision for estimated Federal and State income
and excess profits taxes,
ilncludes post-war refund of $110,000 for
the three months and $333,000 for nine months,—V. 156, p. 2138.
Period End. Sept. 30—
income
ILL

;

-r'v'

.74,374,390

;

Net

from

rev.

53,236,437 767,170,277 560,374,578

,48,755,933

Ry. operating, revenuesRy. operating expenses^
V

40,430,903 505,838,352 403.092,423

25,618,457
8,016,800
,
872,663
872,667
889,241
191,69V

ry. oper.

Railway taxes
Unemploy.. insur. taxes-

.

RR.

.

retirement taxes—

Equip, rents IDr bal.)
Jt. facil. rents <Dr bal.)
Net

•

oper. income- .14,775,395
6,474,771 130,158,412
XEarnings of Company Only "■
/

ry.

,;Vi

'

.

Gross

88,053,359

..

:
T
■
1942
''., 1941
V 1940
■ ■'
1939 ••
railway—— $74,243,320 $53,146,783 $42,193,655 $.42,915,404

from

from

25,621,348

raiway—
Net ty. oper, income—

14,789,129

Period End. Nov. 30—

—v. 156,

p.'2043.■

'

,

_

:!1,

.f.

/■,;

.

Pennsylvania-Reading Seashore Lines-^-Earnings—
1942

1941

1940

from

railway—Net from railway
Net ry. oper.
From Jan.
-Gross

$514,787.
^19,445

$434,340
^50,958

$436,848
"*26,972

income-:

*167,386

*194,908

*173,430

1—

from

8,688,512
7,103,608
5,567,775 .5,428,946
1,998,862
1,139,162
*284,823
190,728
■•167*776,
*827,887
*2,230,418 *1,674,943
2043.
y
.. •
'■■.
v.;. ■ ■■ '

railway——
Net from railway—_
Net rv. oper. income—

.

.

y.

■'•Deficit.—'V. 156,

p.

'•

Total

854,949
38,743
778.027
92,315

8.920,432

8,549,797
409,020

438,078

p *

8,616,245

•

1.060,319

:

Net rev. from ry. oper.

$995,956

•Railway tax accrualsEquip. & jt. facil. rents

876,603
Cr527.785

$586,726,

7,674,590
943,204

$9,707,952

$7,492,426

8,762,590

.5,065,256

498,178

Net

ry.

oper.

Income.

Other income

'

Cr466,666 Cr5,128,955 Cr4,209,388
:$555,214" $6,074,317'
20,764
.149,809

$647,138

.

18,093

_—-

$6,636,558
209,659

income

Total

Miscell.

$665,231

deducts,

income

fixed

Total

after

$575,978

$6,224,126

$6,846,217

157.469

1,572,136

3,696

2.167,845
90,028

$414,813

-

$3,966,253

$5,199,868

'

charges

inc.

Net

from

—210,310
33,419

.

yf.

74,213

~~~

fixed

v;';

$421,502

charges

by an indenture of mortgage to Old Colony Trust Co.,...
as trustee, and to be dated as of Jan.
1, 1943.
It is further proposed
that the bonds will be sold, under a firm commitment, to underwriters

.

*

cents each and an extra of $1.50.—V,

151, p. 1583.

Fed.

inc.

&

profits taxes...
—V. 156, p. 2044.

Sept. 30, 1942
sales
:
;
;———
$2,213,388
of sales, including all operating expenses—2,371,897
income Statement for 3 Months Ended

Net

Cost

Net

Other

—

loss

from, operations———

1;—

income

Consolidated

net

loss

—

—

———_—

—

$158,509
5,186
$153,323

Consolidated Balance Sheet, Sept. 30, 1942

Assets—Cash, $480,023;
'495',"

inventories:

fuel

notes and accounts receivable

oil,

$1,529,689;

burners

prepaid and deferred expenses, $253,168;




and

(net), $1,733$576,579;

investments in and advances

by

proposes to

of unsecured

and to ipature serially, in amounts of $150,000 semi-annually for
,'first five years and $100,000 semi-annually for the second five
years, after the date boxne by the notes.
/
Public Service further proposes to issue and sell 3,284 shares of its
issue
the

.

,

.

common' stock (xio par) to Nepsco, and Nepsco proposes to acquire said
stock from Public Service for $197,040 ($60 per share).
Public Service proposes to apply the proceeds from the: sa^e of the
bonds, notes and common stock as follows:
(a) to redeem: and retire
the presently outstanding bonds of Public Service in the aggregate
principal amount of $18,929,00.0; (b) to pay the then outstanding .bank
loans of Public Service;, (c)- to pay for the New Hampshire, properties of
Twin State, and (d), to pay for the assets to be acquired from Nepsco,.;
Earnings for Month and
>'

$680,739

•

'•.

$317,748

$6,870,761

$3,221,842

Period End. Nov. 30—

Pittsburg & Shawmut RR.- -EarningsNovember—

1942

Gross, from railway-™

Net from

$92,711'
20,065

railway—,—

237,810

Net ry. oper. income--.

1941

1940

1939

$78,442

42,884

17,344

18,413

34,751

9,116

>

961,346

1.163,564

643,375

,

$108,239

from railway——
Net from railway-:

:

1,136,566
362,078

297,412

;•'•'•■•

315,845

375,585

249,049,

of Pittston at

a

special meeting approved the plan and

general trucking, armored car service, truck rental and
Companies included in the merged group are Metro¬
politan Coal Co.,
Globe Coal Co., United States Trucking Corp.,
Sheridan-Wyoming Coal Co., Inc., Independent Warehouses, Inc., and
Pattison & Bowns, Inc.—V, 156, p. 1869.
coal

mining,

.885,315'

73,470
3,980

4,209

than inc. tax

11,860

13,832

152,674

tax—

59,000

53,000

580,530

Federal

income

"

i;58,136

54,421

146,014
544,479
•

'

$200,009

Gross-income

Stockholders

l16(j,360
419,659
ifl76,988
911,407

809,859

taxes.

Sec,

Non-operating income

similar action had been taken Dec. 22 by stockholders of United States
Distributing Corp, at Richmond, Va.
Application has been made to list the new class A preference stock,
class B preference stock, and common stock of the merged Pittston Co.
on the New York Stock Exchange,
and it is anticipated that trading
in the new securities will begin shortly on the Exchange.
United States Distributing Corp. has been the principal subsidiary
of The Pittston Co. and has been engaged through subsidiaries in

2,315,674
•

179,175
425,853

—'—

munic.

&

State

31,356

Pittston Company—Merges United States Distributing
Corporation—
;

$7,541,252

2,874,513

30,972

taxesFed.

State

76,760

220,265

.224,143
14,670

62,400
76,131

Fed., oth.

From Jan. 1—•

Gross

-

66,479

Social
&

15,520
40,518

-T—,

•

1942—12 Mos.—1941
58,239,214"

for depreciation-T

Prov.

8,949

16,715

—

Maintenance

$102,873

12 Months Ended Nov. 30

1942—Month—1941 ;'
$678,933
$708,646

•;

revenues'

Operating
Operation

.

Purchased power

warehousing.

parts,

competitive bidding upder Rule U-50.
issue and sell privately for, cash at
notes to be dated on a convenient date
the day the notes are issued) in the month of such

further

than

later

(not

selected

be

to

Service

$2,500,000

"\,X.■

'

■

The merger of United States Distributing Corp. into The Pittston CO.
received final approval of the: Pittston board of directors Dec. 23.

Petroleum Heat & Power Co. (& Subs.)—Earnings-

investors

or

Public

A year*end dividend of

■-

bonds, series A, 3V4%, due 1973, to be dated

1943, and to be due Jan. 1, 1973; the bonds to be issued under

1,

secured

and

■

•Includes

r-V. 156, p. 1957.

$1 per share was paid'teii the common stock,
par $25, qn Dec. 28 to holders of record Dec, .19.
Distributions of
37V2 cents .each were made on Mar. 31, June 30 and Sept. 30, last.
•
During 1941, the company paid four quarterly-dividends of 37Va

Jan.

18,980
$197,080

,

X'.

Net ry. oper. income-—:

Perfection Stove Co.—Year-End Dividend—

stock ($100 par)_A—

interest.•;
; '•
'' '• '■
;■./?,
further proposes to issue and sell for cash $22,000,000

accrued

Public Service

1942—11 Mos.—1941

2,000

*6,000

'

—

first and general mortgage

$2,573,680 $31,365,970 $27,454,706
222,920
2,622,944
2,385,669
•

715 shares capital

*Plus

*20,000

Falls Water Co.;

Salmon

:

■''

1939

$716,704
116,285
"*36,476

November—

!■

;v,...v

I956-i^-:Jif-";

200 shares common;stock •($ 10 par)
$6,000 5% debentures due Aug; 1, 1956

v

■b"'\

par

excess

Gross

1942—Month—1941

$2,935,445
Maint. of way & struc..,:
197,377
Maint. of equipment—
869,585
;;Traffid:-:^^^^.^a^,?v/:Lv; 38,783
Transportation (rail)
735.250
Other expenses
98,494
Ry. operating revenues.

.

-

;

;.-v

.

.

12,817,766
12,983,017
12,964,468
.6,497,791
9,124,431
9,389,198
From Jan. 1—
"
•
J..
•
r.
Gross from railway—— 765,749,181 559,261,250 435,586,336 390,867,059
Net from railway
261,385,248 157,368,757 126,912,246 112,055,087
Net ry.- oper. income—1 130,359,686. 88,289,118
77,400,598 68,400,250
Net

'

.

.

November-^'

■

12,805,534 261,331,925 157,282,155
3,828,482
99,421,500
47,491.525
747,935 • 9,220,422
7.297,120
748,025
9.226,071
7,297,439
799,519
10,733,225
5,246,162
,'206,802-.
2,572,295
1,896,550

$20,000 3% deferred debs, due DecM,
Nepsco Services, Inc.:
'.'

-

;

1942—11 Mos.—1941

1942—Month—1941

com.

Pittsburgh & Lake Erie RR. Co.—Earnings—

(Excludes L. I. RR. and B. & E. RR.)

Period End. Nov. 30—

,

-

per

'

:

tNet

Earns,

Pennsylvania RR.—Earnings of Regional System—
.

Philco Corp.-

Bond interest

Other
;

_—

deductions

X~.
div.: require.-

Note—The

Drl,207

694

$200,270

$2,254,476
700,337

58,361

—

Cr2,010
9,218
$133,233

$55,816

58,361
871
•

,

-Jr

'

1

.

$2,208,535
1

Br22,398

$198;802

—

«T—-

Net income

Preferred

-

———j.

$199,576. $2,276,874

»'

531

$2,209,066
,<700,337

06,312

15,370

9,220

120,128

117,830

$131,818
$55,816

$1,440,323

$1,375,529

$669,797

$669,797

estimated

provision for Federal income taxes for the
periods applicable to the year 1942 has been computed at the rates
set forth in the Revenue Act of 1942 without adjustment for possible
deductions for
tions

for

—V.

156,

the amortization

expenses
p.

of defense

or

war

facilities

or

deduc¬

which will arise because of the proposed financing.

2044.

,

Public Service Electric & Gas Co.—Tenders—
offered to purchase on or before Dec. 31, 1942,. not in
principal amount of the bonds listed below and
to Dec, 29, 1942. The most advantageous
yield basis for each maturity were to be accepted.

The company
excess

of

$1,000,000

asked for written tenders up
offers on a

J

THE COMMERCIAL & FINANCIAL CHRONICLE

46

Int.

Maturity

Dec,

1947,

at

and

100

interest.

Payment will, be made at, the
Guaranty Trust Co., corporate trustee, 140 Broadway, New York, N. Y,
156, p. 87.
'//,'Aa/: ' .■/; ■
'/A' ' \7; A

Bate'

Date

1,

record
Nov.

—'V.

Gas

11-1-54

No.

Mortgage
The

of

Co.

Bergen

Hudson

Electric Light and Power Company—J,—

Newark Consolidated Gas Co...—
The

Newark

Gas

The

Paterson

——-—,.~~.

Passaic Gas

&

Electric

—V.

Electric

Company of

156, p. 2310.

New

3-1-49

A'''A A.

;;;

4

AAA'

".

" A-.

Power &

by the bidders,

/.A/ /'•'

Consolidated

Depreciation

144,072

■; A

_

consummation

AAA--"

127,720
82,586

57,922

1,550,003
1,126.957

216,142

2,621,538

Net

$501,759

$6,389,198

5,955

3,736

69,707

income,

$514,066

$505,496

$6,458,906

Interest

278,602

278,840

3,350,002

Balance

the

Tor

have

-

interest

been

Acts

restated

applicable

consider
V.

—

toT give

that

they

156, p. 2138,

effect

the

to

provisions

the respective periods.

during

have

liability

any

for

taxes

The

for

the

the .merger,

the

would

;

of

which

approximately

stockholders

present

be

and

of

expenses

Period Ended Oct. 31—

and

car

issued,

For

the

Tex.,

Yarn a 11

C.

Edward

revenues

Maintenance
All

past

several

(Chairman)

Oil- Corp.

it

years

issue

;

23,453,945

and

Robert

Net

opers,—

3,454,388

2,153,813

29,325,434

392,352

356,317

3,636,488

3,189,633

_A—

been

$2,218,988

$407,211

$18,592,842

215,642

3,128,418

banks—on

247,823

178,842 7'L 2,239,379

from

Fixed

and

$115,381

$36,801

$883,039

net

revenue-

$2,334,369

iML—-

2,640,087

399,879

■

3d, 1942

of Salt

Salt

income
156,

Notes

''•'$305,718

$44,133

$5,867,702

Aw;

for each 3%

■

—

.

;

Oil

Corp,:,;

A

that

notified
Dec,

first

1

cost

for

deprec.

and

by

through
Brown
York, $2.50 per
coupons

5s,

Court

company,

first

its

to

of

order

1942, : the

26,

attached

fdnd

dated

AA

November,

Dec.

.13,888
100.688

1942,

have

'

,

AAA '

;

930

2,805;262

-

after

Harriman
principal amount

of

the

bonds

which

to

debt

than

V'

Federal—

7

1

•

1

solidated

with

the

wholly-owned
company,
effective

'$

•

'4

parent

subsidiary,

Operating
Operation

Other

1

Dec.

tvas

1942,

31,

The

is

N.

The

Calif.

The

RCA

manufacturing

Division

of

Radio

laboratories

organization
Corp.

of

located

are

will

be

America.

at

Princeton,

known

as

the

The

RCA

management,
heretofore.

N.

activities of RCA will

result in closer coordination

Power
$329,316
133,744

r

A

$3,534,111
95,403
1,491,915
18,729.
193,277

and

increased flexi¬

and

coordination

of

services

will

Mr.
Sarnoff
also
announced
that
at
the
meeting of the board,
George K. Throckmorton, former Chairman of the Executive Commit¬

of

tee

the

the Radio
v-V,

156,

RCA Manufacturing Co., was elected a Vice-President of
Corp. of America, of which Mr. Throckmorton is a director.

•For

■

31,944

56,687

11,953
28,661

316,500

1942—Month—19417.

$61,635

8681,180

1942—6 Mos —1941

$2,203,200

Del

,304

X>r2,428

Dr20,751

$60,451
31,229

$59,207
31,209

$660,429

376,099

$3,302,283

$0.69

$0.98

$1.03

$29,222

$27,998

$284,330

charges and provision for Federal income and, excess; profits
tOn 1,743,040 shares of common stock
outstanding,—V. 156,7
1957.
'.--i-. ■-

>

November—

Gross

from

Net

ry.

railway....:
railway.

Net

from

from

Net

$2,709,993
1,631,406

railway...

oper. income...
156, p, 2310.

Period End. Nov. 30—

Total

oper,
oper.

expenses

Other
Total

charges

194,390

12,488,081
4,909,061

8,638,731
2,257,107

7,814,119

The

1

St.

who

$779,533

and

surplus

$75,215

purposes

Federal

income

and

profits

excess

2,816,531

2,234,509

881,051

994,082

O

;

for

'

33,386

3942—11 Mos.—1941

$5,321,851 $81,123,609 $56,061,195
3,793,143
51,803,307
39,270,122
1,185,052
24,206,294
11,862,537
17,358
173,434
233,831
$1,202,410. $24,379,727 $12,096,368
8,133,
174,638
85,839

Ry.,

$1,194,277 $24,205,089 $12,010,529

Light,

Heat

&

Power

—

Bonds
'

There have been called for redemption as of Feb.

fund),

a

$2,227,951
$1.59

:

per

deperciation,

iNo.

common

reflected

share/.

common

interest,

Co.,

tAlso

etc.

Luther

1,

1943

(for account

total of $36,000 first mortgage 4»/a%




Foundry Co.—See
'

-

$2,390,098

$2,245,74.0
$1.60

.

$1,786,457
$1.23

>603,641

provision

included.

..

been

Todd-Bath
Yard

Corp.—Merger—
and

Corp.

merged
end

of

the

South

.

the-

South

under the-name
the business will

Portland

of

the -latter

be

known

statement

.

of $500,000

^On

of

Co,,

the

Tampa-Gulf

plant

the

as

been

has

elected President,

succeeding J, E. Warren,,

Fire

Insurance

Co.,

Durham,
'

S.

C.—Year-

-

.

cents each

148.

were

year

made

on

March

1942 was $2.25

27? June 26 and Sept. 25, last.
share, the same as in 1941.—
;

per

1494.

p.

•••>,

Anglo California

2.9, in a notice
bonds dated April 1,
There

;,

,

National Bank
holders

to

1929,

of

Ltd.—Payment

.

of

first

San

Francisco, trustee, on
sinking fund gold

mortgage

skys in substance:

,

-

-

.

.

-

is

.

bonds

an endorsement of payment
made thereon,
thereafter; be returned to the holder. ■"> t

All

properties

hypothecated

by

Said

trust

and such bonds will
;

/.

•

:7

,1'

indenture

have been sold
exception of one parcel of real property in Oakland. Alameda
County, Calif., the net proceeds of; sale of which, hereafter will be
applied by the bank, as trustee, pro rata in-payments on said bonds
with

the

/•outstanding.
The bank can' express no definite opinion as to the
amount for. which, pr when said property can be sold.
A bid of $20,000
was accepted by us, as trustee, for. this property,- in the
spring of this
year, but because of various reasons having to do with litigation the
'■court declined to confirm the'sale.
At the present time we are
again
endeavoring to sell this property, in view of the fact: that the legal
.

obstacles

have

been

r.emoycd

to

a

large

extent.

.

Coast

and

.

In
addition
to the above payments-the bondholders, will,..have
a
deficiency, claim against; , the general, funds of the bankrupt's estate;
"and hereafter on such claim, pro rata with other general creditors,
the bondholders will receive through the,trustee a dividend or
dividends

the- Tampa, Northern rail¬
•

November-

November

:

1942

.$10,784,596
from railway,
railway——
3,884,376

from

Net

ry.

.

oper.

income__.

and

.

2,955,484

.

98,642,466

.

39,245,634

.

27,316,352

Year

to

-

-■

payable from such general, funds of the bankrupt estate. ''•/>'
At the present time several litigated matters are undecided in the
/bankruptcy proceedings. Such litigated matters are in the hands of the
trustee-of, the bankrupt estate, and upon the future .decisions; thereof
will depend the aggregate amount of general claims and the "amount
of general "funds of the estate and the resulting amount so
payable
,

"

Date,
1940

' 1939;.

$5,622,455
1,133,483
610,679

$4,224,012

$3,953,154

612,139

49.0,431

57,961,222
14,098,235
8,918,414

43,362,450

39,940,483

1941

.

1,065,843,

Gross

from

Net

from

890,022
'

to

Net

ry.

—V.

railway,—

railway,

oper.

-~

income—.

6,800,898
.2,683,471

bondholders from

Owing
■

7,715,043.
3,380,141

the

such general iuncls.

factors, involved, it is. not possible at
time to estimate the aggregate returns which the bond¬
will ultimately receive.—V. 152, p. 1932; V." 151, p.; 567.
to the above uncertain

present

holders

156, p, 2310.

bonds, due

Securities Corporation General

Accrued Dividends—

Period—
'

The

directors,

$1,16%
share

per

on

it was announced on

share

the

$6

on

Dec.

the $7 preferred stock

preferred

stock,

28,

declared

and

a

a

dividend

dividend

both payable Dec.

29

to

of

of

$1. per

holders of

,

now
payable by this bank, as trustee under, the trust
securing the outstanding bonds of this company (bankrupt)
the sum of $99.31 on each hpnd of $500
denomipatiqn and $198.62 on
each bond of $1,000 denomination.
/■'■:/ ,;.
" - ;;; ;
•
{ ./
A Suck payments wiil be made on presentation of bonds at the. bank,
/ 1 Sansome St';, San Francisco, Calif.
There will be stamped op the

indenture

.

for

Earnings

Gross

in

West

elected Chairman of the board. ; J, E. Bradbury hasoperating Vice-President' to succeed Mr. Dumas.
The
became, effective Jan. 1,. 1943.—V.,-156, ■ p. 2230.

Southern Pacific Golden Gate. Ferries,

from

•'

roads.:'

Portland

been

to Bondholders—

-

Way. on Dec, 23 entered an order in Federal
Norfolk, Va., permitting Chemical Bank and Trust
trustee, to sell to the7 receivers r.of the company.

York,

Dumas

F.

50

V.

1,260,000

..v

B.

at

and

named,

/Total for the

profits from the operation of Roma Wine Co., Inc.,

,

Net

y,

,

Rejection of tenders on four other leased lines-has been recom¬
mended.
They are the Georgia-Alabama road, the Georgia-Alabama
Terminal

Working Control

—

&

"

Shipbuilding

have

Dec.

1940

■

$4,793,225
2,547,485

after

profits, tax

excess

stock.

the

in

Court

New

Pipe

year-end dividend of 75 cents per .share was paid on the common
stock, par $10. on Dec. 22 to holders of record Dec. 19.
Distributions

Noy,
12,
1942, the date that
Schenley acquired "the capital Stock of this company.—V. 156, p. 2045.

Judge

721,394

Southern Ry.—EarningsCo.

Called—
of the sinking

profit

District

'

A

From Jan. 1—

for $100,000, November, 1942, and $600,000, period
30, 1942, for estimated income taxes.—-V. 156, p. 2045.

Joseph

1941

'

$4,000,000 in Seaboard All-Florida bonds at the rate of $160 per $1,000
with accumulated interest., -

fixed

———$3,032,918.

to Nov.

1942

bond,

Ry—Earnings of System

$3,066,304
income.

/V

1,993,312

Iron

East

Southern

taxes

Acts

contingencies,;

are

States

End Dividend—' *"

$195,547

■

1941 have

and

of

the

as

has

been

60,000

Seaboard Air Line Ry.—Bank Allowed to Sell Bonds

•After provisions
Jan.

stock

common

profit before taxesL._i.^__u_.:_ t$7,982,951
income & exc. prof, taxes.
5,755,000

shares

'

dent, Etc.-—

15,744

,

108,042

3,050,752

income

avail,

$733,094

117,113

15,553

from,

$799,134
234,247

5,271,547'

income

Deducts,

1939

113,181

$8,890,418

income

oper.

',

1942—Month—1941

revenues.

Total

ry.

$1,129,975

^

St. Louis-San Francisco

Net

for

Note—Estimated

1940

403,330

259,557
1—
/■'
•7
railway....
25,129,245

ry.

—V,

lt'41

'

-Earnings—

14,487,650

income...

oper,

From Jan.
Gross

1942

from

Net

requirements..
requirements.^-

Federal

for

Richmond Fredericksburg &, Potomac RR.

818,116

545,045
•

•

Southern Bell Telephone # Telegraph Co.—New Presi¬

dividend

comparative

•After

61,940

,

169,299

.

Net

$2,506,886

644,739

cents

Corp.

.149,115

(net)

Revenue

^Earnings

/

$404,662

149,115
60,000

362,695

459,040

$1.85

share.

•After
taxes.

74,607

by United

Todd-Bath

future

374,871

"

392,199

-.

been restated to give effect to the provisions
applicable during the "respective periods,...
The amounts shown above for, Federal income taxes include provi¬
sion for estimated excess profits taxes of $284,938 for, the 12 months
ending Oct. 31, 1942 (1941, $6,151) after deducting estimated post¬
war
credit of $31,494 G941, none).—V. 156, p. 2045.

*Net

70,343

%

corporation.

$763,789

26,714;

Months Ended Nov. 30—

$1,918,590

82.895

.

*

Shipbuilding

Sphpnley Distillers Corp. (& Subs.)—Earnings—

$1,406,658

accruals

South Portland Shipbuilding

The

u-Period End. Sept. 30—

Tet, profit,
tEars. per com.

$2,579,885"

,

on

The

2138.

p.

'

291,919

$61,755

dividend

1942

the

of

1942—12 Mos.—1941

$219,271

•
.

paid on Oct. 1, last, 25 cents on July 1, 1942, and 10
Mar. 31, 1942.
Payments during 1941 were as follows: Mar.
25 cents; July 1 and Oct; I, 25 cents regular and 25 cents extra:
and Dec. 20, 50 cents.—V. 156, p. 1157.
'

■

Remington Rand, Inc. (& Subs.)—Earnings—

p.

10

changes

for

•

,

The company on Dec. 23 paid a dividend of 15 cents per share on the
stock, par $5, to holders of record Dec, 17.
This compares

cents

$2,813,997
•
1,041,416
184,879

32,775

,

Balance

Balance

1942—Month-^1941

,

common

1942—12 Mos.—1941

$248,325

17,641

'

amortization

Preferred

.

preferred Stock/($100 par), $3,460,000;
stock. (200,000 no par shares'), $4,000,-

Co.—Earnings—

1942—Month—1941

taxes.

income

&

«

.

,

31,

revenues—

Debentures

Victor

"It is expected that this unity
facilitate the company's war effort,'•

$4,477,985

Sonoco Products Co.—15-Cent Dividend—

personnel,

bility of operation,'' Mr. Sarnoff stated.

50,000

$4,515,318

latter below.—V. 156, p. 2046,

$3,297,766

Balance

J.

operations and sales policies; will continue as
"The unification of the administrative, research and
manufacturing

'

$4.764,433.

Sloss-Sheffield .Steel & Iron Co.

'"

.1—/

income

Interest

Its principal plants are located in Camden and Harrison,
Indianapolis and Bloomington, Ind.; Lancaster, Pa., and Holly¬

J.;

wood,

31

$217,139"

after, re-

res.

Acquired

63,934

effort.

war

484,400

'

156, p, 2045,

Hal

Manufacturing Co. had approximately 30,000 employees,
chiefly engaged in producing radio equipment vital to the

cumulative

income

■

revenues

oper.

Other

RCA

was

Dr2,689

$4,841,285
363,300

AAsoAQAAaa-^A-'
1—

Aug.

$538,921
4,305,053

$5,049,718

302,750

revenues

income

Net

15,000

announced.
and

$573,631

47477,985'

AA-' Drl,89377

Consolidated Balance Sheet, Aug, 3L 1942

—V.

377,500

1,905,352

taxes

Net

con-

it

$641,865

4,515,318'

depreciation in

baL .at

23,423

4,014

due to partly'owned subsidiary company, $551,522; Arade accounts
accrued liabilities, $1,096,193; deposit accounts, $113,353;

tirement

799,884:

,

Period Ended Oct, 31—

such

■

625

'

18,1877

\

payable)-.

surplus

Maintenance

Co.,

...

:

period
''"""

value,: ordinary, capital

par

Gross

254

expenses

Savannah Electric

■:

107

'

»

■

surplus,

80,198

322,750

23,553

Sierra Pacific Power Co.—Earnings—.

38,726

7-7

($1 ;par)w-..__.—^2-ALL-l4'.

stock

-

,?Federal

Manufacturing

and

2.4,777,

$5,157,183

for future

$965,292

.

'

—"

Period End. Nov, 30—

■

'

RCA

.

employees—'

—JA—I

profit

$1,284,428
$1,125,071
7. 95,160 ' "
7 83,202
622,000
440,591,

„

profits taxes

surplus at begin, of
adjustments—:

;/ Operating

$78,930

-

—.

Depreciation

The

50,600

50,936

•

•

(curren11L_l

(notes

—'V0t156,~pr 2045".""

/'^■Radjfo/CflrR.-flLA
'Subsidiary—

52,031

reserve,

.

10,838

,

■

merger

■Surplus,, , paid-in

been

and

on

:

2,514
a

aa:-A A/.

of

interest

bonds,

Brothers
$100

14,

1953,

1,544
:7

cos.

for government and other taxes, $.761,224; reserve for allow¬
ances
to retired
employees, $20,000; reserve; for future-depreciation
Ain inventory- values, $50,000:yearned syrplus, $4,764,433; refundable
portion of excess profits tax, $15,724; .total,
$14,832,448.—V,
155,
p. 2372.
'
'
"

81,528

.

<net)AA-AAAA~-'--AaAAA/:/A '38,237

payable—trade

Estimated

$1,826,243

surrender of
Coupon
No.
12
dated May 1, 1941, will pay,
&
Co.,
Philadelphia
and
New

upon

sinking fund

attached,'—V. 153, p

are

due

subs,

year's

/

000;

$243,881,

—

-

depict,

25,923

payable and

i

:

taxes—other

Earned

sinking

■

depfecia-tionrAU-i;/'
inc.. and

Liabilities—7A

/. no

1

A—
/Ac

-

——

payable—secured

Long-term

Quaker City Cold Storage Co.—Pays Coupon—
of

1940*

$887,225

$1,074,135

Assets—Property" account (less reserve for depreciation of $2,195,8311, $7,267,059; investments in and advances to partly owned sub-,
sidiary companies, $650,817; inventories, S4,449.896', prepayments on
account of raw materials in
transit, $92,468; trade accounts and bills
receivable iless reserve); $1,922,927; other accounts receivable, S124,085; amounts,, due from shareholders, $19,127; cash, $173,272; refund¬
able portion of excess profits tax, $15,724;
/insurance, taxes "and othqr
prepaid expenses, $11G,473; total, $14,832,448./
'
*
A

with

Holders

'$1,332,396

investments

of capital: assets
investments
L

A,

Corp. is to
shares of stock of the Gulf»

'

...

reserves

Accrued

2229.

p.

Subs.)

'

-

Capital
•Loss.—V.

'""A 194.1 7

/counsel and salaries of executive officers and directors,' fees, and after
providing for bad debts.
'

Oil

'

Operating

'

,7

Dome

Dome

'-A

Liabilities—

$5,544,872
3,718,629

13,614,179

Ltd. ;(&

1942

all .manufacturing, selling and general expenses
."including remuneration amounting, in, the aggregate to $97,418" in 1942,
$94,594 in 1941 and $86,193 in 1940,/paid a§ "fees of solicitors and

!7>/77k:v>:«-.'

-

•

oil

Intangible assets—at
Deferred charges A

$397,716'

$444,012 $19,481,881

A;-

/;j^After..deducting;.

,

and

Accrued,

Total

for

Provision

that

F,

merger

which

under

demand—

(less

$649,463)

1,588,219

—

Taxes, accrued

Net

Prior

Holden, Philadelphia: ;
(Pres.),
Houston,
Ensley < Vice-Pres. },•/ ;
Clare, M. Torrey, all of New

supplies

assets

Accounts
revenue.

on

owned

sale

on

Earned

$3,297,766
.

operations

from

paid, to .retired

•;

Salt

Hasselmann

receivable—trade
and

1,985,934

Total expenses

Canada,

investments.—.—

partly

for

sundry

$5,147,156

363,205

revenues

Net

the

apparent

Auxiliary OperationsTotal

Loss

Gulfboard

1937,

of

~^

Allow,

George, A.

the proposed

Corp.

Corp.)

officers

20,019,269

revenue

in

employees/A—A—-A-AAAAA
Deposits refundable,.—A—-i-*" A

550,871

—

Payson

share of stock

Oil

Inventories—crude

24,271,351

2,872,303

expenses

mne

Due

$53,178,281

64,170

car

S.

to

Oil

Gulfboard

Materials

2,608,974

of

$5.25

.

,

and
'

1942—10 Mos.—1941

272,972

cars

has

AAA; 7 7. /;
Pro Forma Balance Sheet. Sept.

Accounts;

2,500,218

Conducting
General

of

Charles

Erwin,

(After giving effect

,

maintenance

other

B.

,Cash':.in

$5,590,485,$77,881,013

$8,838,918

T ot a 1

.

Provision

73.2/7
would
Corp. and

of

from

■•*' Provision

.

operations)

7

;A'

-

,

Sampson,7, Princeton; K. F.
Humphrey W, Chadbourne,

board

1942—Month—1941

■

——.--

'■

Oil

stockholders

to

Gulfboard

and

York,

Sleeping Car Operations—vTotal

Dome

,

,

auxiliary

of
- *

.

7>7 Alex

Pullman Co.—Revised Earnings—
(Revenues

Divs.

Nov. 1, .1942.
Gulfboard Oil Corp, held interests in an aggregate
approximately 375 producing net lease acres.
;
'■,
a
Tlie members of the first board of directors are as follows:

not

taxes.—

Co.

31—

Interest & dividends

geophysical

1941

do

Salt

of

sale

on

Earned

Revenue

profits

excess '

*

,

of

companies

A

of

preferred

of

stock

common

Aug.

inventory ' values..

of

$251,127

and

shares of

share

one

Ended

•Combiped ; profit
Profit

and tax economies could be realized by merging the two
and that the merged company would be a stronger and
better rounded. organization,.,
7;. 7 '77.A ;/,./'A. 7 7,7'!77 ■;7.
/ ./A-'
Both companies are now. producing under pro-ration and
revenues
aro
necessarily, subject to increase or decrease as and when allow¬
ables are changed.
However, at the rate of production as of Sept.
30, 1942,7 the acquisition of Gulfboard Gil Corp. will increase Salt
Dome's gross income on the same basis by approximately 25',/.
As
of

550,000

,:

p. ,1694,.

36-

1941--V. 152, p. 13.1,

Sherwin-Williams
Years
;

-

1,583,970

1942

the

on

Dec, 717; pa id, a dividend of $1 per share on the
stock.
The previous payment was one of 50
A'A: '7 A,/
•.■'-v

on

companies

;■

$2,385,097

$974,934

*

-

Distributions

of $4.50

and

common

Dec. 21,

operating

.

Frank

—J

—

comparative purposes Federal income

issuance- of

3

'

Balance

A/

/A.-.',/-.

■

such stock,

on

stock

16,, last.—V.. 15.6,

Gulfboard with operating management
Total
equipment and personnel necessary to. con¬
exploratory and development, work in exchange, .for. a 25'&v ; a Preferred dividends
in certain properties the latter might acquire in Texas and
/Common, dividends

its

Louisiana,

1,530,654
578.860

$235,463

of

by

certain

duct

2,417,707

.

$226,655
$3,108,904
Prior preference dividend requirements—550,000
Preferred dividend requirements. A -1- A-—__
1,583,970

,

and

/ 3,358.052

amortization

&

'

1059.;a ■•'■/•/

p.

value

par

/

$5,743,149

net

AA'~ u,A-Aw.-

Balance

•y

revenues

oper,

129,240

retained

approximately ,26.8^
Oil Corp.

$5,776,639
Dr33,490

—

156,

a

7.
Since the incorporation7 of
Dome company has supplied

1,102,862

$508,111

taxes

Oilier

1,362,831

182,727

"Federal income taxesA-

Cither

be

1942—12 Mos.—1941

101,604

no

cents on

,

$1,615,845 $21,266,305 $18,148,676
609,178
6,741,953
8,215,777

846,896
a A*

$70 per share.—V.

the/period

represent, dividends,for

1942,

made-op Nov,

were

The/company,

par

distribu¬

Oil: Corp;/ The Salt Dome Oil Corp. is to continue as the
surviving corporation,
On., the basis of ..stock now outstanding, com¬
pany will have outstanding 799,884 shares of common stock following

Earnings Statement

SI,892,112

——/

Operating

Similar

of Gulfboard

A'A""-' A''/A';.A/1/://'/A'

1942—Month—1941

Period-End. Oct, 31—

Operating revenues

■

10.

Dec,

dividends

preferred

Seven-Up Bottling Co.,; Los Angeles, Calif.—SI Div.—

on

preferred; stock,

cumulatiye

record

agreement' of. merger, provides for
common
stock of* company: for each

the

consisting of $58,884,500, of which $36,039,500 are 5% %,
$8,850,000
are
5%,
and $ 13,995,000
are
4Vs%- bonds,
The, above,
securities' will be offered in competitive bidding and coupon rates will

Maintenance

stock

on

The

company,

fixed

7'f
of

$1.75; per -.share

special meeting, held Dec. 15, approved a plan
of
merger
with Gulfboard Oil Corp. which has been unanimously
approved by the directors.
AA-A AA
.
'"77 A/A A'. !7;,:'7' 'A

The company on Dec. 28 filed a registration with the SEC covering
S52,G00,C00 of 30-year first mortgage bonds and $8,000,000 of nine-year
sinking fund debentures, which will refund the present bonded debt of

be

to

The stockholders at

■;

the

the

qn

holders

to

this issue

Said

the $7

*

4

A. /A

.

2

of:

Salt Dome Oil Corp.—Merger Agreement
Approved—

Light Co.—Files Registration
for $60,000,000 Securities—
A':-''':;7 ■ ,v,:;.-V.'-/.A:A
Sound

Puget

amount

now

5

6-1-49

._

accumulations
made .on

were

dividend

a

19.

.

5

3-1-49

declared

.

July l and Oct. 1, last." The previous
payment, also $1.75 per, share, was ,made on April 1. 1932. Arrearages

:" 5

3-1-53

of

payable Jan.

tions

6

,

12.-1-43

,

$100,

5

4-1-44

directors'recently

account

5

12-1-48

.

Company,.:..

Jersey—^,

The

1-1-55

v

Somerset, Union &. Middlesex Lighting Company^_L_.
South Jersey Gas, Electric & Traction Company——. :J
Trenton Gas. & Electric •.C6mpany-----L'A-w-Av/-' .L
United

5:

11-1-49

Y

Company—

St. Regis Paper Co.—Accumulated Dividend—

'

V 6-1-49

Company—--,.,.1.,.;^.^- I

Gas

County

Middlesex

5

(Consol L**

County

Mortgage) wA,.,.,

dated

Dec,

X)' 1942,;to Dec. 31,

•per,,-share on
.

Electric

&

'

Monday, January 4, 1943

,

; Gross, earnings
—V. 156, p. 2310.

Week Ended Dec,. 21

Jan. 1 to Dec. 21

:

1942

1942

$6,125,381

1941

.1941

$4,285,105 $267,067,116 $179,823 667
•

.

Volums

THE

Number 4139

157

Southwestern Associated Telephone

•

.Operating

revenues,

.Uncollectible

.'Operating,

rev

600

96,363

iev.0nueSw_2

Net-Opel'.

6,000

96,572

Operating.-. taxes

"It

V.

income

oper,

lo6,

to

operate

at

$320,032

,

$366,037

;

Bell Telephone Co.— Earnings—

//

expenses

'6,559,268

pperating;,,'t)ixes /^-j-<s.. .$4,93,158'

1,573.127

156, p, 2140.

.

!

.

.

Spokane International

v

.

.

*Vv,,■.> -•-\2,',r.-1942t/:,'■•"•.

November.— ;."

railwayucl,2 ''.:''' $194,425
railway:.;!,/,//.I1' 117,732'

"Net- from.

the

Net

:i

from

from

Net

:Net

railway

v-.'v.b:b"

—V., 156, p. 2046;

//y

;

135,417

878.532
292.871

379,957

-

•

-

•

/.

of

.180,152

.

and. Allies,

the

the

year,

a

T*

Eiectric

GaS & Electric Co.

.Standard

179.323,000

•totaled

fcwli./ as

of

sales. &

serv.

loss

or

taxes)

-come

Contrib.

?

tributions

1,

1941

were

to

of

6,683,341-

7,844,666
2,170,138

2,377,566

.762,441

550,532

43,027,068

24,901,134
1,378.574,

13,002,570
3,192,448
16,195,018
; 1,413,678

3,010,164
11,771,176

Net profit -1-2^;

16,972,721

16,644,006.

Special credits

vailway-^

from

•Net

1942
1941
: $127,340-:
$255,097
•
$138,435
: 113,493;.;*
:; 1,576if ::a7.232

Net

railway..—,-

from

•Gross

ry.

From Jan.

'Gross

1

-

1

V.

■

from

"Deficit-loss.—V..

*

1.622,141

1,475,501

b 1,509.318

215,133
"163,463

2,413,996
781.118

.

90,780

149,263

"262,733

"236,852

Shares

of

363,181

15G;

2046.

p.

■

;

&

5,921,761

5,921.761

$3.01

$1.8)

•

$959,947

Libby,

processing."; fax

_

settlement

upon

Comparative Consolidated

(not

Balance

Oct, 31, *42
""Real

impts.,

estate,

Investments

'

•

,

including

$

Swift. &

-

.National

need

President; of

(1)

for vmeat rationing is discussed
in his annual report, to

much more liberal, portion

from

Serial

calls for a
of meat than does the average civilian

Increased
has

V ",

increased.

meat.

of

demand

When

More
men

our

civilian

people

and

popu.ation.

women: are

Serial

the

<

had earned a net profit;from
equivalent to $2.83 per share on
the capital stock of the company, or 1,2 -cents
profit per dollar of
sales.
The company has reserved, the sum of $26,452,984 for , income
-taxes
including-excess, profit tax,
This, is equivalent to more than ;
$4.40 per share of the 6,900,000 shares of stock authorized, or 3*3
•times the regular annual dividend paid,
v
• "!
In
discussing the profit figure, Mr. Holmes said:
Attention is
directed
particularly
to
the fact that this figure represents the
over-all results, in other words the net earnings, of all
the varied
Mr.

Holmes

sources

of

stated

that

the

company

$16,972,721. .-This

is

.

operations
'••:

of

Swift- &

Co,

-

did

shares,

that
to

the

therefore recommend

benefit

opportunity

an

Twentieth Century-Eox
—A

was

.

'

3,21L666

for

reserve

all

Twin State Gas & Electric Co.—Earnings—
]942—Month--)941

Period End. Nov. 30—

56,298

612.810

:80,038

81,690

949,207

6,746

6,413

91,435

30,232

29.976

326,676

3.11,163

14,570

power

for

15,776

188,462

194.181

~

depreciation-

munic.

taxes.^

than inc.

oth.

Federal

$2,715,207

"

55,399

■:

Purchased

&

1942—12 Mos.—1941

$250,337 : $2,812,867

$241,687

revenues'

Operating
'Operation

1,250,000

893

1,422

.

90,839

;

14,709

' 2,410

6,125

11,700

•114,300

17,201

63.650

16,900

tax

tax....~lv

income

607,616

.827,712

.

65.479
114.500

•

1,073,352

5-,767,000

stock

common

2,913,345

5.767,000

Film Corp.—Special Offering

was.

Net

operating

/ Gross

income

$34,494

income

Non-opera ting income

/

$40,937

$451,618,;

DM67

$450,775

.

$34,441

$486,516

Dr843

$40,770

Dr 53

-

—.

'■/

2,393

/

$488,909

16,000,000

12,555,767

Bond

interest'

11,161

133,936

99,842,152

95,196,616

Other

interest—net

6,581

7,909

94,511

Other

deductions

2,885

2,786

64,734

33,518

$13,814

.$18,914

$157,594

$231,480

14,320

171,850

1.1.161

'

341,650,800 313,980,381

depreciation

of

$102,952,925

1941

in

and

Net

Preferred

$106,-

r77,732 shares- at less than cost,—V. 156, p. 702.

Income

div.

133,936

,':;•

89,975

require.: ;
14,320

prion lien—

>

5 V preferred I

Electric Products, Inc.—Savings Plan-—

Sylvania

The corporation last week announced, a hew savings and retirement
plain, for its employees • under; which 4'/o. Of the gross profits of the
company will be credited to the accounts of employees
who have
.become members of
the plan.
Funds : so accumulated will be in
addition

the

to

regular, contributions

the

to

171,850

on

Dec.

scheduled at this time.

was

•

with

connection

In

'TT.. .(Kalmusf
the

current

decision

cluding
per

for

time,

with

action

merger.—V.

/

taxes,

$1.05

for

are

the

record

dividendV

an

dis¬

volume of
unusually

1942

1335.

as

well

as

David
Weir
•

higher, tax

after all" charges, in¬
at. about 40 cents

1941.

Factors

contributing

charges and general costs.—V.

•••

S.

Texas Mexican Ry,

to

Net
Net

from,
ry.

f

—Earnings—
1942

•

1941

1939

57,374

20,990-

23,944

40,073

38,622

13,421

14,191

railway——

1,567,099

1,272,094

893,217

854,213

railway—_y_-

599,037

464,604

194,996

180,767

437,337

314,748

93,788

78,996

railway

oper,

income

Net

from

Net

ry,. oper.

—V.

156,

-

p.

income.—

2046.

;

,

Stock

war

facilities

through

deduc¬

or

the

proposed

154,

President

and

will

p.

continue

as

a

Lt.-Coi.
15

director

Etc,/-;'
Thomas

resigned
and; Chairman

years,

583,

Yards of Omaha,. Ltd.—87^-Cent Div.—

of 87 Va

cents per share was recently declared on. the
payable Dec. 31 to holders of record Dec, 21,
Similar
made on Mar. 31, June 30 and Sept. 30,; last.
Pay¬
ments during 1941
were as follows: Mar., 31, June 30 and Sept, 3d,
$1 each; and Dec. 31, 50 cents,—V. 156, p. 1062.
.
.
•
stock,

distributions

Mounting
No.

route

were

1,

war-time
from

Transport Corp.—Load at Record-

traffic has pushed loads on United Air Lines'
York and Chicago to. California, to all-time

New.

according to statistics recently released by the Civil Aeronautics

highs,
Board.
An

official

CAB

report,

it is

announced, shows that for

the period

1942^ United. Air Lines' planes operating over
coast-ta-coast route flew 1,255,764,972 pound miles of
mail and express traffic/which was, 25 U greater than the
the second ranking transcontinental airway.

Sept, 24 to Oct, 21,

company's

traffic

on

According

$81,714

From Jan. 1—
Gross, from

or

arise

and; General Manager for

health but

ill

A dividend

passenger,
1940

$96,137

$139,856

railwayj.

will

which

2047,

President

Morse,

board.—V.

common

from.

$128,190
55,250

from

A.

the

Union

/

156,

v.

November—;

expenses!,

Rogers has been elected
General Manager.

P.

named

because: of

the

Gross

p.

amortization; of defense

United Air Lines
1942,

estimated

profits included holdover of pictures at theatres over the country

during

156,

Federal

Union Gas Co, of Canada, Ltd.—New President,

on

further dividend

despite the

quarter and expectation of

Federal

share,: "compared

lower

p.

provision

dividend,

toy omit

explained-that

this

According to. Mr,

.

the

,

the-first 1943 quarter.
Kalmus; earnings for

in

volume

at

omit

to

Distributions of 25 cents per share
March 31,
1941,yto and including
'
'
'■
')•"/'•
'• .0

directors'

the

President;

inadvisable

done in

business

large

are

for ; the

deductions

tions; of financing

for

Dividend—

decided

28

:•■■;;: 77,625

income faxes for the
periods applicable Ioa the year 1942; has been computed at the rates
set forth in the: Revenue Act of 1942, without adjustments for possible
provision

plan fund.

•/"•All members subscribing, to the plan will receive their share of
'this profit-sharing distribution, whether they-'remain with the company
to retirement age or not.
.'
i:;".y-:',"
Ty,
Participation is open to employees with three years' service, with
proper provision for people who are employed after the age of 35,—
vy, 156, p. 2231. /
/■■;
•■•■; ..y"..'y •(.'/,' ■"

directors

77,625-

6,469

6,469

-

•■

Netcr—They, e.stiinated

i

bursements

.

to

■

.Herbert

.

given

made on the New York Stock Exchange
Brothers at $14.75, with 40 cents com¬
mission, and was completed in 23 mirilites.
There were
133 purchases through 39 firms, with the largest block
sold amounting to 5,585 shares and the smallest to 20
(shares. ;
'.i-'.-r
'•;
Lehman Brothers also made a special offering of 4,810
shares of $1.50 preferred stock (no par) at $26Vs, with
60 cents commissi onV, 156, p. 2047.
(no par)

.10)1,816,985 Dr1,828,837:

were, made
each quarter from
March 31,
1942; none since.

,

individual
that no

Dec. 23 by Lehman

-6,928,437

1,250;000

-

__

Technicolor, Inc.—Omits

,

any

being

now

special offering of 22,292 shares of

Fed.,

32,269,249

...

"After

The

,

of

deposit their

'Social Sec., Fed & State

:.

stock

501,014 in 1842.

occur,




stockholders

to
we

be

would

his

this time."

at

13,674,151

_

price, decline

Total

which

; ■'•; '•'.••

.v

Deposit¬

v_'.

a

stock under the voting trust, "the
according to the prospectus, "is to accom¬
plish unified cohtrol and assure the prudent, efficient and conserva¬
tive management of- the business and affairs of the-company;"—-V. 156,
p.
2311.

of

tolah meat- operations

losses

AtV

v:"-;V.-,;

■■

'

,

were generally profitable for the year,
however, during the latter, part of the fiscal
year, in
the fresh beef .and fresh pork sections-.
Fortunately, these
losses were offset by profits, in other sections.
Bluntly stated, comipstition. forced us to pay more for cattle and hogs than we could
.realize,
under our
ceiling limitations, for the fresh meat and by.-,
products from this livestock.
' "You
may wonder why meat
packers would buy cattle and hogs,
only to realize a loss on each head handled.
I can assure you that
we
have often questioned this ourselves.
In. our own case, we were
asked to furnish large quantifies of beef, in particular, to the armed
forces.
We
felt
it
was
our: obligation
to do this, - considering the
•conditions, to. be
temporary, even though it resulted in substantial
losses.
We also felt an obligation to take care of a reasonable propor¬
tion of the requirements of our customers for, sale to civilians,. .
.
#-In
the
past,
when
normal
competitive
trading conditions pre-,
•vai'ledv periods-of-excessive- losses in. the fresh meat sections-have
.been of relatively short duration.
In recent, months losses have con¬
tinued for a longer period than usual because', demand continued to
'exceed the available supply without the-corrective effect of a price
••brake' on demand due, of couree, to the imposition of. ceiling prices,
"I
am
giving this detailed explanation so that shareholders will

"Dur

•Heavy

taken

understood

is

it

deposit

so

be

11,250,000

.

surplus

Treasury

Gall made upon American farmers by: Claude R.-

York

New

officers and directors, amounting to almost 20'/
would be deposited thereunder, states that

10,000,000

.

reserves

Earned

Wickard, Secre¬
tary of, Agriculture and national food administrator, to produce the
greatest crops in history for 1943 also is: discussed:
"This includes
;an
increase in cattle, calves, hogs, dairy and poultry products,
and
oil-producing, seeds.
The goal for hogs to be dressed in 1943 exceeds
the largest; number on record by 20,000,000 head or 25 ',4 . '
Present
goals for cattle exceed 1942 by 9 'k, The;incre.ase tor- chipkensvia;?^';:.:.,.
The. handling of these record-breaking volumes 'of meat and
dairy 1and poultry products wll3: challenge the ingenuity of our industry.
We
will cooperate wholeheartedly with Secretary Wickard: in this program, ,.;•:
•To
insure
moving the production into consumption and to obtain
•proper priorities for, essential repairs will require the closest coopera;
lion with Govermcntal ■agencies,'-'
v--■';v
b;
Gross sales of more
than $1,409,405,7.70, an increase of 381 over
1941, are shown.
•
'
■..■'■■
' ■ •■
all

for

Warner,

'

meat."h
The

to

action

It

in

that

see

12,165,651

affiliated companies.

inventory

Reserve

,

former

cannot

Prov.

462,057

taxes

with

accounts

Harold

by

bulletin dated, Dec. 21, referring, to the
registered with the SEC,. under which stock

Co.,

State

*

income

board was created by the call to
Executive. Vice-President, and
the

held

primary purpose of which,"

2,700,000

General

money

Miller &

12,500,000

.

debentures, due .currently_.__,

(Current

Purchasing power

Richter,

E.

had been
2311.

156, p.

!•
•

in; charge of traffic,
and John A:
of operations, have been, elected

the

Paul

150,000,000

.

liabilities
for

as

on-

12,500,000

debentures

Accrued

with which to buy
working hard they.; need more

have more

1,170,200

payable

Frovision

1871.

p.

Official-

in;; charge

150.000,000

.

;Accounts; payable ' fu-—

(2) Requirements
of our Allies, being supplied through lend-lease
;:;:.;,;.piirchases ,by;the (Agricultural .Marketing Administration for shipment to the United Nations and lor other war puipoacs
<•

156,

;:/V 'V''''

;■ Maintenance

Capital :Stockv"($25.:par)„:_fc„^»^w;,h--_*—.;
.20-ycar, 2ui'P debentures.

The ration

1941.—V.

outstanding shares,

other

4,537v685

704,110

(current)

Liabilities—

*

corporation

,1

trust: agreement

by

such

119,420,156

6,206,371
consol.

subsidiaries—not

.341,650,800 313,980,381

iNotes

(3)

114,184,825

Sundry "assets
■Due

There are several reasons:

Requirements of the Armed Forces of our own nation.
of the men of the: armed forces:, of the United States

charges

Inventories

company,

production.

breaking

and notes receivable (less reserve)™

Deferred

by John Holmes,
shareholders, made
.public .Dec. 21;: Discussing the request made., by the Government of
consumers
that they voluntarily
limit their purchases of meat to
2Va pounds per person per week, Mr. Holmes writes;
"You undoubt¬
edly have wondered why there was a shortage, in view of record
''

$

1

100,960,293:
11,629,064
11.699,083
28,966,120.14,757,916
76,641,489
59,541,039
1,994,729
1,884,004

'cash

Cov—Anp^al Report—

Nov. 1/41

•

101,323,452

branches

Accounts

L

to.; income

subject

Sheet

"

1

'.'■'".■Assets—

1422.

156, p.

restored

the

1942,

active in aviation program planning
assistant to E. Lee Talman, Vice-

years

the staff

vacancy

of

stockholder

5,920.535
$1.74

and

now

One

duty

the

sale of investment in Libby, McNeill
amount payab,e to employees under

taxes).

Payments

last.

six

Treasurer..'..;

membership

held
of

Hour Act,

premium

31,

on

for

provision

"

Oct.

Triumph, Explosives, Inc.—Advised Against

837,036

•

during 1941 were as follows:
Jan. 15,
.12 (i cents; April 15, July 15 and Oct. 15, 25 cents each,, and Dec. 23,
a year-end of 50 cents.
r,bb b;:b;
The directors also declared
a
quarterly dividend of 25 cents per
:share on the commoh stock,: payable:, Jan.
15 toholders of record
15,

$2.83

at

Western Air, Inc.—New

&

Vice-President

MacBride,

:

5,922,768

.

that

year

Conroy, ,Vice-President

torncy.—V.

10,321,523
7,104,131

24,958,392

being the part applicable prior to current year;
unamortized expense on funded debt retired
'this ,year, less $2,280,383 reduction in provision for Federal income
taxes arising from these Charges.
(".Reserve for balance of accrued

year-end dividend of 20 cents per share was recently declared on
the
common
stock, payable Dec. 31 to holders of record Dec. 29.
Distributions of 25 cents each were made on Jan., 15, April 15, July 15

5.—V.

7,105,020

fConsisting of 87,636.255 loss

;

Superheater Co.—Year-End Dividend—

•JlUU

11,183,484

8,882,150

stock

cap.

($25. par) _.ir
Earnings per share—,

,

A

Oct:

17,808,725

8,882,952

.u

—

said

work amounting to $20,460,000, com¬
earlier.
Current assets on that date, he
and current liabilities $2,670,047, compared with
a

Directors—

P.

other

/
Dividends

"27,041

$833,843

■and

12,128,190
944,706

16,972,721

Balance

7,299

"42,596

Wage and

»

17,149,667

!

..

uncompleted

has: joined

directors.

11,158,559

-v——

16,972,721

Chairman,

$3,887,786

Cantwell;' for

Collings,

—

railway___2
.Net
from
railway
Net ry. oper; income—
j

-ll—

$135,458

"34,889

73.789

income..--

oper.

Total profits

Special charges,

1939

T.

Missouri,

1,457,681

357,014

R

director

ing Stock in Voting Trust—

18,314,386

Payments during
2 and Dec, 1,

Sept,

155, p. 2101.

President of the St.

a

$3,775,530.

were

voting
;

1942.

each;

$1

Avmsby.

books

its

with

New

9,954,403
1,204,150

7,971,687

N.

Russell
in

530,195

26,452,984

Mar. 2,

on.

1 and June 2,

year-end of $1.-—V.

a

Johns River Shipbuilding Co.,
to fill the vacancy caused by the death
Other directors were elected with the addition
Crowley and Frederick A. Wyckoff, who were ap¬

elected

Prcsident. and

2,001,187

1,133,820

154,731

Mar.

Transcontinental

•

13,493,277

26,279,708

1,257,222

with $1

compared

and Dec. 24,

$838,367 and $388,967, respectively, on Oct. 31,

11,755,856
1,737,422

44,837,658

50
as

Fischer,

on

pared

653,695

/■

Welding Co.—Year-end Dividend—

75 cents per Share, was recently declared on
payable Dec. 30 to holders, of record Dec. 28.
Dis¬
cents per share were made on June
1, Sept. 1 and

to vacancies earlier this year.

J.

had

6,818,751

472,612

—L..

;Prov

"$476,902

Electric

Benjamin
L.

.

7,918,962

charges i.J.
charges
ioi inc. taxes.

Other

$106,335

2047.

p.

as,follows:

been

pointed

*.'••.■.//' v.y
48,740,368

7,973,452
2,111,655

Interest

"$95,148:.

$12,236

&. busi

dividend of

last,,

George

of

49,265,178

1,810,590

income

1,176,473

James- C; Merrill,

has

said,

—-

•■

income

Total

u

1,014,691

,

1

$

^

'.'■•,/■■:;•

3,992,169

254,566

200,838

.

—

inc.

Thompson-Stairett Co., Inc.—-New Director, Etc.—

Oct. 28, '39

^

8,242,345

fund

pens,

96,957

$.699,574

stock,

$1.50 each;

52 Wks. End.

6,915,8§1

m-

91.068

$1,121,526

156,

of

Dec.

771,573,482 756,731,537
922,130,558 691,986,754 678,748,063
53,982,681

—.

18,634

4

year-end

active,

Island Rapid Transit Ry.—Earnings-

November—•

:

$602,616

$159,413

Thomson
A

250,000,000

Oct. 26, *40

NoV. 1, '41

/'/
56,719,521

•

Operating income.:.
Other

156, p. 2230.

1940

$1,030,458

18,195

(ry.

the-common

."as. we

Staten

$140,784

$213,074

»

*L0S3,—'V.

■

the production of

53 Wks. End.

7,023,60a

admin. ; expenses;

'

/

(Including Domestic and Canadian Subs.)

52 Wks. End.

Prov. for doubtf. acets„

utility

•corresponding week last year, an increase of 6.5'/ .—V.

782,707

$194,879

incpme-

.

approximately

■'

Taxes (other than
;

operating companies in the
system for the week ended Dec. 19, 1942,
compared with 108,412,000 kwh. tor the

public

the

of

912,542

income-

Tot. combined net

Holmes states:
"Whereas in;
than 2,000,00.0 pounds of canned
out more than. 8,000,000 pounds

produced

we

.,

Oct. 31, '42
(V '' ''•'"'•O1

:

C

Deprcc. and depletion

group.of

output

162,116

income—

deductions

'

Mr.

1,282,928,449

Standard Gas &> Electric Co.—Weekly. Output—

•;

Total

1.40j,405,770 1,018,989,223

fi&i

stockholders, and Standards Food Products, Inc.,
of Indianapolis, similarly held.
y/ 'a/v-:,///:/.;:
/.'-'/'V \/;:/;■■ ;
Ownership of the three: concerns was to pass to Standard Brands,
Inc.;. before Jan. 1. 1943, under terms of the present sales contract, it,
was
stated/rV. 156, p. 2230. (
small

4,853,102

180,283

Tota!' gross

year,

Sell.,, advertis.'g; geivi

expects to gain ownership of
Tex,, which is owned by the

addition, Standard Brands, Inc.,
States. Foods, Inc., of Dallas,

In

Southern
•same

$6,238,426

5,235,609

.

Cost

/

after completion of the purchase agreement approved recently,
'announced on Dec. 21. •//-V\v-9/•=?/'//.'./•//

was

$7,178,609

954,617

—

oper.

1942—5 Mos.—1941

$1,257,517

1,027,912

expenses---

Total non-oper.

of which about 80',a' went to the Government.

pork,

'//;/
Period—

.

corporation .plails; to. maintain generally the,,: present personnel:
Margarine Co. of Indianapolis and its associated com¬

panies
■

cited, the
fel¬

Holmes

industry

pounds.

■f

91,310

Standard

•it

Total

Civilian: Defense,

of

Consondated:.Income Account

.740,479

*'

Inc.—Acquisitions—'"l

Standard Brands,

'."'The

taxes

1942-r-Month—•■1941

$1,403,074

.revenue

Program:. The, nutrition

Sales (incl.-serv. rev.)

!

Total

,

0-131

.

/.• /..

191,952
//fi / v/ ,/

•

-

$66,368
19,717

,; /

766,276
228,80.9

1,502,053
743,203

y'

income_2™

ry, oper;

18,201'

oper,

quantity; At the present time,
has been expanded to approximately 300,which means, a total of 900,000,000 dozen
shell eggs:
New driers have been installed or are in the process of
;installation:at eight of our dairy"and poultry plants."
•'■
Approximately 8,000 employees of the, company are now in uniform
and employees are now purchasing war bonds at the rate of $10,500,000
per "year through
the payroll savings plan.
I

-1939 /

■

•' 25.392

•;

-

railwayi-.'-i

<

,/

///•',;,

From Jan.' 1—

Gross

/ 54,940

income—-.

oper,

ry.

■

.

oper.

Total

dried egg business was of negligible

.000,000

1940 ... •
$59,364

.1941
$78,396
21,887 ;
11.925.

y,-"

Total

butter, canned bacon, cheese, dried; and shell eggs, gelatin, glue, meat
fats, vegetable oils, ■ and numerous other products.
Before the war,

RR.—Earnings-—

'Gross, front,

Mr.

company,

Nutrition

•,;'uvS.ubsj;an^aFincrjease$;.;.have. also .taken' place in

i

-

.

his

by

Office

forces

week.,yDuring

capacity .or
:

done

National

the

pounds of canned

,

V.

Period End. Noil 30—

<

recent change

■

by

aimed

our

.a,,

income

operating

work

the
to

1941 we. were equipped to produce less;
meat a week, we are now able to turn

$1,559,460. $1,642,00$,/$14,501,347 $16,333,411
•Net
Income.
1,274,2091,338,704 11,761,110
13,333,263
-/ Note—Figures for: 1941 adjusted to spread over, the months to which
applicable certain retroactive, items encountered, during the yearir-:
Net

in

,

16,811,355

•20,949,42.0

an

country

that the

.

55,766,827

63,091,259

the

and the company's
cooperation. With a group of. leading companies in the food industry
and
allied
fields
in
the founding
and support, of
"The Nutrition
Foundation, Inc."
'. T.-'y1;'
:
v
As an illustration of volume increases brought about, by demands

$3,215,135 $35,450,767 $33,144/66

$4,052,618

revenues--

oper.

nutrition

awards

distributed

.for

Net

the

.and

334,948

357,165

33,766
5,982,528

35,926

'

rev.

/■•/.

$9,231,429 $08,899,291 $89,246,541

$10,647,812

Operating
revenues
Uncollectible' opcr.

that

assume

of

hopeful

are,

Corp.—Earnings of System—

(Railway and Bus Operations!

colleges and universities, in the United, States and
.Canada by Swift; a-sound film on nutrition; a special booklet produced
in cooperation with the Office of Defense Health and Welfare Services

1942—10 MOS—1941

1942—Month—1941

Period End- Oct. 31—

:We

to.

life

economic

profit:

Third Avenue Transit

during part of the year.

reasonable

seem

the

a

keen, interest

lowship

Southwestern

Operating

$33,037

$61,068

:

inconsistency In the fact that our total net
were satisfactory in spite of losses sustained

no

pork,

47

'

1958.

p.

would

mental

Of

Net

•f

.is

and

CHRONICLE

Industry so funda¬
would be allowed to
in ceiling
prices for beef, and pork, which establish uniform basic ceiling prices
lor
all packers, will be helpful in reestablishing moderate profits in
the fresh beef;and pork sections."

4,700

$583,430
217,393

$535,329
215,237

$56,170
23,103

$59,901
DM, 167;

,

•

879,231

979,909 '

fresh'beef

in

$1,467,361

$1,521,238

600

^

there

earnings* from all sources

1942—10 Mos.~1941

$153,342

$150,864-

■„..

oper.

expenses

that

realize

Co.:—Earnings— /

1942^—Month-—1941

Feridcl End, Oct; 31-—

:

COMMERCIAL & FINANCIAL

to

the

Civil Aeronautics Board record, each United

plane

operating over route No. 1 during that period carried an average load
of 4,451 pounds of passengers, mail and express, a substantially higher

payload than was averaged by planes on other coast-to-coast routes.
According to Civil Aeronautics Board statistics for the first nine
months of 1942, United Air Lines had a load factor of 80.8T
capacity,
the
of

highest in the country, and 10U
156, p. 2231.

70'.< .—V.

higher than the industry's average

48

THE COMMERCIAL & FINANCIAL CHRONICLE

United Gas Improvement

Warner Bros. Pictures, Inc.

Co.—Weekly Output—

(&

Monday, January 4, 1943

Subs.)—Earnings—

A/...

A

•

Balance Sheet, Oct. 31, 19CI

.A;'

"

electric

The

12.4%

or

for the

output

ended Dec. 26,

U.

G,

I.

system

1942.totaled 123,645,075 kwh.,
the same week in 1941.

over

'Consolidated

the week

for

companies

gain of 19,619,146 kwh.,-

a

Years Ended—
Film

.

The

electric

ended

Dec.

output

19,

for

1942,

Hearing

UGI, System 6f companies for the week
to
136,130,395 kwh,, an increase, of

the

sions,

amounted

16,544,424 kwh., or 13.8%

Rents

has

set Jan.

Total

19,

1943, as the date for hearing on the volun¬
tary plan filed on Dec. 22 by the company looking to compliance with
Section ll of the Public Utility Holding Company Act of 1935.
The

Commission
with

nection

At

1940.

to

UGI

its

has

and

its

integration—of
date

consolidated

these

hearings

with

in con¬

those

•Net

issued against the company on March 4,
Commission instituted proceedings with respect
subsidiaries pursuant to Section 11 (b)
(1)-^-corporate

Act.

Hearings

.

from

held

were

30, 1941,' ancf May' f, 1942, orders
requiring certain divestments by UGI,~~V. 156, p. 2311.
,

U. S. Bobbin & Shuttle Co.—Pays

,

The company on

$14 Pref. ;Div.—

Issue

22,

to

$34.50

1941;

since.

none

share.—V.

per

Arrearages as

154,

1601.

p.

at

Dec.

•

31,

and

directors have declared

the

i

.

U. S. Distributing

extra

an

58,424,335

59,547,286

in affil.

15,546,962
•;

'—A —.

co

investments.^ ,/V;

of properties.

•

jiA

.

contingencies_..:_._iw.;

825,000

dividend

of

25

cents

share

per

Co.—V.

•'

2312. A'/'

p:

Net

6,366,153

618,355

690,921

'A'.,' AAA

States

Pipe

applicable

.

other
Profit

Foundry Co.—Acquires Work¬
ing Control of Sloss-Sheffield Steel & Iron Co.—
;f
&

7,057,073

bonds

redeemed

and

capital

loss

of,

;

815,231

666,618

losses

to

of

A

426,309

..470,047

323,919

34,574,577

21,705,062

16,755.563

.15,338.325

14,935,450

6,966,277

4.249,041

3.386,790

9,675,363

4,242,210

2,245,173

1,545,637

648,813

193,103
6,333

156,

J. Net telegraph
oper,

Earned

Iron

Co.

has acquired working control of Sloss-Sheffield Steel &
purchase from the Allied Chemical & Dye Corp. for an

107,989

by

unstated

Sloss-Sheffield

This

of

amount

gives

the

latter's

holdings of 54,50Q

stock.

common

shares

common
"

U.

of

/

/ ..../ A-A,
the Sloss-Sheffield
Sloss-Sheffield has

S. Pipe a 54.87%
ownership of
shares outstanding. ' In addition,
6%
preferred stock outstanding which have equal
voting rights with the common stock, so that on a combined basis
the U. S,
Pipe & Foundry stock, interest is equivalent to 42.6% of
,;

94,318

common

28,647

shares

the

total

•Before
and

2,602,373
A

and

film

to

8789,345 in

costs.

6,001,329

12,080,279

outstanding of both classes of stock.—V.

156,

1511.

p.

,

87,526

109,371

1,186,270

1,517,670

1,075,647

13,266,549

11,601,120

566,002

5,809,049
7,457,500

5,765,233

inc.

gross

579,9.85,
937,685

Earnings for Years Ended Oct. 81.

Sub. Oper, Companies—

Operating
Gross

of

1941

&

weighing,

profit

feed

$3,771,764

sales

on

&

1940

bedding

$2,854,647

9,550,223

.•

2,062,123

5,686,492

6,100,247

11,506,261

5,927,053

and

notes

receivable--:

'.

Operating

Raw

Net

Advances

437,050

426,075

412,786

Curr.

$5,358,331

$4,123,294

$4,018,261

$3,760,211

Land,

771,173

Ofher

3,598,601

2,815,250

2,587,122

2,508,473

$1,759,731

$1,308,044
103,588

$1,431,139

$1,251,739

138,951

128,767

income

:-_A;

inc.

int.

Net

,,

—-

income

operating

before

•

126,161

paid,

notes,

Amort, of
leased

on

$1,570,089

$1,380,505

82,iio

107,092

108,225

from

to

■

for

on

20,625

22,500

426,324

718,753

372,775

•

income

C»'6,808

X>rll,604

AAirA

sub.

.

income

net

CV24.162

minor,

holders

Z>r33,552

Cr26,580

Cr27,032
106,542

3,671

6,303,991

companies

13,589,324

Government

bonds

investments

Prepaid

insurance,

163,375

$915,961

$976,608

AA-

280.744

228,624

,

AAA—-A.-.182,906,737
A

Other

247,421

239,383

AA

—

preferred stock

on

A!

liabilities

for Federal

347.504

within

10,981,052

;

$809,253

Int.

bonds

on

Stockyards Corp.
Eds.

dis.

&

exp.

Canadian

inc.

Prov.

Fed.

for

$729,188

$727,871

84,505

86,487

72,732

.

200,315

237,217

263,500

21,195

25,100

27,881

10,075

—

5,004

3,095

/ 9,461

7,000

taxes, etc.
tax

15,000

:

charges /AAA

Special

14.349

$282,617

27,881

.1

5,432

long-term

,

7,500

of

Common stock
UPreferred

Earned

§ Preferred

Dividends
/;

-Z

paid

Preferred

in

Common

($5

subs,

879,381

cos

stock

—

in

of

stk

com.

-AAA/

301,700

301,714

301,715

374,000

374,000

374,000

$0.10

$0.13

56,100

outstd.

.($1

par) AA
Earns, per shr. on com;
.

301,700

374,000
$0.40 A

: /././.

A/A

i Nil

Notes—(1) The provisions for depreciation for the years ended Oct.
1942
and
1941,
including charges to other expense accounts,
amounted to $432,060 and $379,418,
respectively. (2) The provisions for
Federal, Canadian and State income taxes of subsidiaries include
31,

pro¬

visions

for

Federal and Canadian excess
profits taxes amounting to
$111,368 and $37,589 for the years ended Oct. 31, 1942 and
1941, re¬
spectively.
(3) The equity in net income of. the Canadian
subsidiary

included herein

.

Consolidated Balance Sheet, Oct. 31, 1942

.

A

A

Assets—Cash

in banks and on
hand, $1,474,632; marketable secur¬
$423,400; accounts and notes receivable (net), $323,777; inven¬
feed, bedding and supplies, etc,, $372,228; real estate not used
in stockyards operations
(less, reserves for depreciation or valuation
of $659,890), $1,322,677; investments in
and advances to subsidiary
.not; consolidated and - to affiliated company, $28,116; miscellaneous
securities, noncurrent receivables, etc. (less, reserve) for loss of
$15,600),
$107,354; property, plant and equipment (less
depreciation of $8,730,318), $15,416,440; prepaid expenses, etc.,
$46,543; bond discount and

ities;

etc.,

/financing

in

of

process

expenses,

not

amortization,

being

amortized,

$229,021;

$178,297;

organization

total,

and

$19,922,485,

1941

and

$35,588,153

in

1942.

Receives

A

Under

Moneys Frozen in England—

accordance

the

with

of

terms

this

agreement.—V.

156.

A

stockholders
Oct.

1942, with
with the

1,

filed

was

whereupon
of

Co.

approved
Seaboard

Secretary
Wellington Oil Co.

Del.

The

transfer

agreement of merger, dated as of
Oil Co. of Del.
Agreement of merger
of State of Delaware 011 Dec. 31, 1942,

of

books

Del.

Under

stock

the

for

merged into Seaboard Oil '
capital stock of Wellington

was

the

the

agreement of

merger,

on

Years Ended Oct. 31—
Net

Provision

for

on

1942

1941

1940

1939

$745,934

$719,865

$594,386

•241,776

123,351

122,232

post-war

refund of excess profits taxes of $10,126.
During the past fiscal year additions

V.

156,

shares

cash

dividends

surplus,
at

paid

in prior years of
preferred stock held

$154,365;

cost),

Dr$96,750;

total,

$19 922 485

income

and

on

Dec.

15.

$1

each

paid

during 1941
and

Dec.

15.

last,
on

were

to

holders

March
as

$3.—V.

16,

follows:
153.

p.

per

share

of

record

June

15

March

1144.




was

paid

Dec.
and

15,

$1;

on

10.

Sept.
June

the

This

15.
h,

common

tures

stock
with

Pavments

52; Sept

in

for

$112,000.

compares

1942.

15

$504,158

$525,824

/

134,854
$2.49

134,854

$1

and
to

other

$472,154

-A

S2.94

;

for excess profits tax

and

134.854

$2.65
$10,936

under

tlncludes $570,798 for ext'ess profits taxes,
to

$2.25

provision
credit for

property,

plant

approximately $432,000; depreciation in¬
amounted to over $200,000, and expediproperties and equipment, approximately
Federal and State income, social security, property, franchise
taxes charged to operations during the fiscal year, amounted

equipment

cluded

year-end dividend of $2

share

$17,208

par.)

amounted

operating

to

of

$202,281.

■"

Cr8,6l8

$255,595

5243,468

$3,607,509

$2,900,104

6,658

6,658

73,234

~~

A

leased

A; A

road

74,425;

6,632

8,006

80,840

95,879

$242,306

$228,803

$3,453,434

$2,729,803

:

chgs,™

amortiz.

of

projects:
tin

include

not

AtAA

$8,568

1

.

excess

$21,784

,

,

deprec.)

27,153

interest

255,713

being

accrued

books

corporate

but

v;A

2144.

p.

Weymouth Light & Power Co.—Pays $1 Dividend—

,,

The

company

stock,

common

50

28

Dec.

on

$25,

par

to

paid

on

Jan/

31,

1942.

aA

of

of

record

Payments

$1

Dem

last, 40 cents

31, 63 cents; Apr. 30, 75
cents.—V. 156, p.
1160.

80

dividend

a

holders

cents paid on Sept. 25,

Jan.

on

during

1941

cents/ July 31,

share

per

17.

This

June 26,

63

the

on

compares

1942, and 75

were

follows:

as

cents/ and

Oct.

31,

Wilbur-Suchard Chocolate Co., Inc.—Tenders—

ities,

Pennsylvania Co.

bids for

It

the

A'

1952.

for

for Insurances

depositary and agent for/the

Philadelphia,

was

the

Pa.,

Lives

on

and

15th

company,.

Granting Annu¬

and

Chestnut

Sts.,

up to the close of business Dec.. 26, 1942, received
to the company of first mortgage bonds due
July 1,

sale

-/A,./A''/'/
announced

acquisition

company.—V. 141,

that

of

,

at

.■■■

■

,

would

sum

tendered

so

be

■

,

made

/.

■

available

prices satisfactory
/,'/■; :'A'/";

A!

/

2132.

p.

■/./. ■_./ 'U

substantial

a

bonds

the

to

Winchendon Electric Light & Power Co.—$2,15 Div,—
The

Dec.

company on

stock,

28

holders

to

June 26

on

and

paid

1941, and $1.50

on

a

dividend of $2.15 per share

record

of

Sept. 25,

Dec.

1942,

Jan. 31,

This

17,

and $2 on

1940.—V. 155,

p.

27,

the

on

with

compares

March

1942;

$X

$4 on

2464,

Worcester Suburban Electric Co.—$1.25 Dividend—
A

dividend

of

Dec,

on

28

on

$1.25

to

Sept.

per

holders

25,

share
of

last,

paid

was

record

75

Dec.

the

on

17.

,

cents on June

common

This

26,

stock,

and

par

with

90

$1.20

or.

compares

1942,

1942,

Payments during 1941 were as follows: Mar. 23, $1;
June 27, $1.25; and Sept. 26 and Dec. 26, $1.50 each.—V.
156, p, 1160.

Wright Machine Co., Worcester,

Mass.—Pays Arrear¬

ages—
The

directors

of

this

company,

manufacturers

of

screw

machine

products and metal specialties, recently declared a dividend of $7
per share on the preferred stock for 1941 and $7 per share for
1942/
clearing up arrearages on the issue.

$168,265

and

Yale & Towne
Joseph
has been
who

approximately $1,099,000.
totaled

Dr350,773

$2,891,485

Cr29, 727

expenses

the maintenance

(2) For year ended Oct. 31.
stock

Dr329, 229

33,577, 782

Cr3,442

being paid currently.—V. 156,

Mar. .27,

—

Utah Home Fire Insurance Co.—Year-End Div.—
A

per

(no

Dr31,831
$240,025

Cr3,677

being accrued

cents paid

stock

common

•Includes

$574,273

—

outstanding
Earnings

70,689

Notes—(1)

2143.

p.

Net

$251,919'

419.731

998,776
Dr403,563

/A
,

$25,

price declines —__/—

Dr278, 837

/

.

inventory

$1,706,636;

(less

not

Oct. 31,

t894,674

income

Dr28,850

Dr29,748

income-'"

normal

r'./fDoes

each

Corp.- -Earnings-

paid-in

earned

of capital

$1,468,946

earnings

Federal taxes

955, 239

1,092, 035

Brl5,775

-paid'. m-Aa—

common

Western Tablet & Stationery

$(7064,323

$6,233, 182

92,821

30,

share

of Wellington Oil Co. of Del. will become one-quarter
capital stock of Seaboard Oil Co. .of Del.—V. 156, p. 1784.

$60,360),

surplus

Dec.

each

$1)

(par

share of

a

of

terms

1942—11 Mos.—-1941

$305,191

(net)

Equipment

2312.

an

permanently closed at the close of business

were

of

have

years,

(9,000

/

cents

Wellington Oil Co. of Del.—Suspended From Dealings-

for prior

subsidiary

p.

the

aircraft

$1,277,687 $18,186,134 $15,033,369
972,496
11,952,953
9,969,041
Cr83,336

equipment

defense

The

$374,000;

by

'

a

agreement recently entered into between the British
and the American motion picture industry company has
received
substantially all the moneys
which
had
previously been
frozen
in England,
Oil Nov.
4,
1942,
$5,245,726
was
received
in
an

Shares

par),

for

•Includes

with

Treasury

Liabilities—Accounts payable, $110,425; dividends
payable, $64,587;
accrued; salaries, wages, interest, etc., $111,452; accrued
taxes, other
thaii Federal, Canadian and State income
taxes, $278,336;
provision
for Federal, Canadian and State income
taxes, $712,194; sinking fund
deposits for redemption of first mortgage bonds of subsidiaries
due
before Oct. 31, 1943, $75,000;
long-term indebtedness, $7,222,000; equity
of
minority interests in subsidiary companies, $4,557,738;
preferred
stock
(440,000 shares no pari, $4,652,500; common stock
($1

<

in¬

at

and

11,610

A .-Road i.—A*

169,574,911.

depreciation and amortization of $11,480,394 in 1941 and $11,686,616
in 1942.
'^Including 100,255 shares of common stock carried at $1.
13,490 shares at cost.
liRepresented by 103,107 no par shares. ■

tories of

expense,

in

produced

100,625

rents

Net after fxd.

for deprecia¬
tAfter reserve

for

amounts to

$52,019 before deducting the exchange loss
and $47,275 after
deducting the exchange loss. The dividends from this
subsidiary during the year were $49,312. A./A:AAA'-'
.AAA

$36,560,935

reserve

which

charges:

and

.,

5,670,885

182,906,737

of

orders

more

mounts

gun

$409,676
1

avail, for fxd.

Interest

57,316,563
9,322,960
Drl70,141

Z)rl87,261

•Including construction in progress, and after

$350,827

"is

said,

19,006,723

5,670,885

treasury—

are

1942—Month—1941

charges; AA/A AAA A'

Rent

248,195

'' 17,410,973
held

he

divisions

material

war

Co.

1,060,787

taxes

oper,

A/A. and

1,863,755

57,316,562

-

-

stock

ry.

tFixed

2,044,000

19,006,723

par)

Con¬

■V'iA'A-.A- A:

/.■■''

Other

amounting

$106,377,340,

/"'/AA''7vVv:\A ;i'7A'-':A.r:,'A/'A/^

$1,470,464

AA.

equipment,

Income

/,;-:.

234,993

/

1,371,624
57,334,690

the

Among

revenues

facility

A'AA-of

tion

stock

stock

$341,225

cash:
'

Shs.

493,360

/

2,602,636 :
261,424

-

in

surplus
surplus

Capital

2,255,063
18,819

" 288,766
4,748,520

J

contingencies..
minority stkhldrs.

of

Joint

.

for

Interest

'

49,100,027

Total

Net: income

...,

\

Net

debt™

to

represented

also

income

Other income

A--A 43,433

$452,199

263,500
.

.

other

Deferred/ credits
Reserve

.v.-'

96,120

amort.

inc.

$687,333

and

contracts.

company.

Elevator

taxes

Hire

4,074,326

ye'ar-_A:A—AA-AAA'AAuAA A' 3,237,055
affiliated companies-—32,696
and participation payable
1,735,126

'

expenses
of United

Other

fund require,, pureh. money
oblig, and mtge.- instal. matur.

payments for film, deposits, etc
iiabs. of subs. oper. in forgn. territories-

Curr.

ry.

Federal

344.36P,
2,982,18-7

one'

Owing to
Royalties

Funded

United Stockyards Corp

.;■/

the

/'";. ^/.AA'A-A./AA

expenses

Net

95,882.
4,358,324

4,115,418

taxes

income

out,

war
production, It was reported that the Westinghouse
Appliance Division plants are producing- '''large .fimounts o:'
equipment as tank gun fire control apparatus, binochlars. and

revenues

"Total'

bonds, sink,
contract,

of

received

amounted

pointed

A

Wisconsin Central Ry. Co.—Earnings—

-

3,906,027

AAi*
A-j

■

in

Period End. Nov. 30-

708,341

95,882

payable
accrued

accrued

1,357,341

-

division

Robertson

Total

payable *

with orders
month

Robertson

renegotiation

1941.

reported that two naval ordnance plants, oper¬
by Westinghouse for the Navy, are turning out "impressive quan¬
of fighting equipment, and the
Westinghouse Merchant Marine
Division plant at South Philadelphia is "months ahead of schedule"
in the production of propulsion
equipment for ships.—V. 156, p. 2312.

1.69,574,911

Accounts

$967,253

Equity of Unit. Stockyards Corp. in total
■P" net income of subs.

Mr,

161,954

exps.

last

in

tities"

1,300,072
8,331,776

other

and
—

$582,808,634

re¬

the company,
July, 1942,

ated

95,963

■

8,402,447

rent

received

Mr.

armor-piercing shot,"
Westinghouse Electric

953,832

2,098,332

taxes,

with

worth

Chairman,

/v"'/-//'/•;

.

to

war

elevators.

/Liabilities—

and

$1,089,997

such

526,816

deposits_w-A^—,

other

any

Electric

262,469
'A%/VAA-

Mortgages, long-term notes and special accounts
receivable (less reserve)495,428
Deposits to secure contracts
'
,978,778

Sinking, 'fund

billion dollars'

a

Robertson,

importance of radio equipment in modern war."
by the fact that our Radio Division booked

normal

54,256,500

12,063,997
2,479,063

S.

over"

W.

impressively their production loads in 1942 included the motor,
transformer, switchgear, steam turbine and generator divisions."
Indicating the extent of the electrical industry's conversion from

-764,254

U.

A.

the directors.

creased

3,294,846

52,009,963

equipment on owned properties
tLeaseholds, bldgs. and equip, on leased prop.^

Advance

Gen. & admin,

131,007

•Buildings and

Reserve

stock¬

therein

638,123

250,000

57,289,801

of

costs.

oper.

Equity of

890,636

in foreign territories

oper.

affiliated

1942.

monthly high,

Orders

figures,

prices before

than

(recoverable
i-.

in

meeting.of

all-time

an

monthly

"The

2,495,530

4,430,494

Serial
Total

1,978,030

—

a

illustrated

57,180,236

Interest

A—A—:

Special charge

in

Dividend payable

Dr5,m

years'

(net)

supplies, etc

producer

4,344,756

at

Notes

:

prior

of

4,376,867

at

compared

$158,136,917.

tract

less

23

orders

established
to

22,500

/

A 245,302

exch.

subsidiaries

cost

at

rentals)

assets of subs.

':;'Total

taxes

adjust1,
assets of Canadian

Adjust,

outside

an

film

Goodwill

Fed., Canadian
inc.

accessories,

fMiscellaneous

A.,—/A-vAA// ;/: 96,106

settlement

State

Prov.

$1,411,632

stock-contrac^-.;;A V ZAAA A

Prov. for
&

$1,885,892

bonds and

on

etc.

unproduced,

1942

These

future

to

—

paid inc. taxes, etc.
Int.

charges

l

materials,

(net)

expenses

and

costAAA-~Au-£A-AAA>.i—AA

scenarios

and

Investments
oper.

progress

"/■ /.reserves

income

811,263

in

equipment

Dec.

on

Marking the first billion dollar year in the history of

the

1,679,327

831,597

yard inc.

Total

/

7,431,249

received orders for "well

company
needed

war

ported

S

L.

Accounts

1,036,852
549,716

.

of

1941

■A,

productions,' at

:/'A"

A,"J-

Dollars—
The

Assets--

Rights

$2,780,922
$2,576,252
at',
'A-,■/,,;<;:

'

"■

Westinghouse Electric & Mfg. Co.—Orders Top Billion

'

1939

5,835,837

*

'

1942,

Sheet
:

Subs.)

AA'-AA A/A:'AA A/A

income—

Yardage

Other

1942

'

;////:

expenses,

in

at cost less amortizationProductions completed but, not released, at cost

(Incl.

"

509,645

_

Productions

Consolidated

A—A—

156,..p. 2312.

334,561

10,286,534
1,314.585

;

AAA-

income
from

income

—V.

*

,

Balance

Released productions,

United Stockyards Corp.—Annual Report—

Net

1940,- in respect of studio properties

Consolidated

of

shares

interest

16,622,424

966,276

9,322,960

8616,303

21,601,334

1,430.144

Gross

than

1,562,228

A

& cable

revenues™

402,397

Deduct,

depreciation,

76,751,295

9,118,658

287,646

tother

:v
$
93,373,720

86,431 032

28,868

17,410,973

charges,

108,032 366

567,084

383,528

amortization,

miscellaneous

$689,787 in 1941
charged

for

providing

other

9.622,619
8,060,391

11,877,758
9,275.385

rev.

exp.

1.136,596

189,227

4,445,331

:

Co.—Earnings—

assign; to oper.—

Taxes

stock

>

1942—Month—1941!',,'i:i 1942— -10 Mos.—1941 *

revenues

oper.

1939

$1,549,163 A

35,633

on

'

A

surplus

A A'

'1940

-

V

.

The company

/

'

Operating income'-A
Non-operating income—

4,553,319

274,237

767,964 :

1941

/'

Uncoil,

10,074,070

2312. I

p.

1

''^'"Period End.'Oc't.-31A^;; A

58,458

9,974,939

income—.

Teleg & cable oper.
Teleg & cable oper.

135,342

3,167

railwaysrailway—

oper.

'"?•

'

1942'

Western Union Telegraph
'

1,612,047

734,951

capital

from

from
ry.

—V.

•

2,747,473

4,445,331

subs. company-

a

'

514,224

Net

838,000

5,429,303

preferred stock

on

$1,762,215

1,996,574

A'A-A'A

A,

,

8,554,513

met)—

sale

on

and adv.

Dividends

for

provision

assets

.

$2,332,437

2,369

9,322,959

____1—

(est.)

$3,885,781

Net

and

sale of affiliated company:

on

aAA/:
/

;"

;•

,■

™

debentures

and

State,

income

tax

ry. oper. income-A
From Jan. 1— :A/ ,

3,587,841

20,373

,

Totai'_-.A—/-A——A---ATr

■

A/

/••■;

:

—

on

local,
on

Net

' A /AAA- y\

A

1

Aa'/AAaa^:';
/A 21,771

to

inet)

stock,

preferred

on

and

taxes

'

489,490

surplus at begin, of period-

discount

Losses

.•

profit

Federal

Western Pacific. RR.—Earnings—

3,098,351

taxes—__

stockholders

S. ,Treasury

dividend

interest

accrued

$77,015;

/NovemSer—' ."'.A.':/
Gross from railway
Net
from
railway--/-..

Gross

profit

Earned
Net

/

Corp.—Merger—

150,

of

U.

$414,290;

$42,066;
taxes,

/

184,000

interest, A/k
k'A.;/..:
16,824,885

minority
income

payable,

1943,
stock

,

4,621,497
3,705,634

•

1,494,000

o

receivable

accounts

and

11,200
4,517,825
3,168,085

.

notes

savings notes of $570,410), $334,390; notes
payable to banks, $875,000; 5% cumulative preferred stock (par $100),
$3,365,300; common stock (134,854 no par shares), $1,666,459; earned
surplus, $1,008,289; total, $7,782,810.—V. 156, p. 872.

35,866

/

Jan.. 2,
capital

(less

11,656,549
.

<

4,588,213

v.2,934;205

™

/,Normal,income ,tax,.-rX_~rt^-^-^1i;v4t250,000/....l,598,'850
Excess profits /tax'-'/™/™/A-.
4,000,000
7,150

Book

United

64,680,384

Provision for Federal income taxes;
.

:«,

stock,

Pittston

1,678,213

miscell.

Federal

Proportion

quarterly dividend of 25 cents per share on the
both payable Feb.
1
to holders of
record Jan.
15.
Extra payments during 1942 were as follows;
Feb. 2, 25 cents, and
May 1, 75 cents.—V. 156, p. 1696.

See

2,867,889

24,553,949

.'before

and

regular

common

3,815,992

income

minority

.

The

partic.

deprec.

for

Liabilities—Accounts

payable
Federal

27,455,045

16,206,531

Profit

;

1942,

V

:

U.« S. Industrial Alcohol c Co.—rExtra Dividend-^//,

,

100,337,093

Dec.

Dec.

on

amounted

119,271,544 102,293,171
26,221,219
25,453,985

Profit

Other

10 paid a dividend of $14 per share on account
of accumulations on the I'm, cumulative
preferred stock, par $100, to
holders of record Nov. 10.
A similar distribution was made
orfvthis

for
and

Provision

>\

4,043,657

income

tAmortl

(less
$65,0001/ $1,235,890;
inventories .(net), $1,914,213;
cash
surrender value of life insurance,•,$242,517; estimated post-war refund
of excess profits tax, $10,126;-'veal, estate hot
.used, in. .operations and....
sundry receivables, $9,119; property, plant and.equipment (net), $2,964,195; prepaid insurance and. taxes, $6.7,712/,total,..$7,782,810. /
A;

96,293,435

4,158,596

expenses—.

general

Interest.- expense

were\issued
■ ;
A

4,323,213

$1,339,038;,-trade

of

reserve

$>

114,948,331 .98,134,575

film costs-

and

Provision

to. time, and

time

July

.

admis¬

income--

royalties—

—_

of

■Provision for Invest,

the

the

of

and

—

Operating

.

under

miscell,

tenants

Assets—Cash,

/

Account

A. Aug. 31,'42 Aug. 30/41 Aug. 31/40

•

Other costs, incl, royalties &

order

own

that time

1.
theatre

.a A

income,

sales and

from

Amortization

The SEC

*

the corresponding Week the year before.

over

Plan Jan, 19—

on

rental

Income

1942 cash dividends declared

dividends

on

common

stock

on

preferred

amounted

to

died

Calvert

A.

Horne

last

156.

as

Vice-President,

effective

Jan.

•

1.

and.

September.

Carey,

Vice-President in
—V.

Mfg. Co.—New Chairman, Etc.—

resigned

elected Chairman of the board to succeed John
Henry Towne,

p.

2144.

Mr.

Home's

assistant

charge of production,

for

nine

years,

was

He was also elected

a

named

director