View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

a

igj£

MONDAY

Volume

also

President

has been; elected a

Brotnevs,
is

Schoff,

S.

James

director

a

Department

Federated

of

A.AA;;:

2065.

T.he

Unoer

.

plan which became effective Aug. 1, 1944- final
taken toward consul.nation and simplification of the

Car

Motor

Hall-Scott

The

AAA"1, \ A*
■
wholly-owned subsidiary of

A;/ A''-

predecessor, companies.' *■■/-?.A
Co,,

a

•'*

A

months

•.-■A.

was

by

ago

:

,-A '/As

,

of the

AA'A'AA

A.Bert E.

and other

of New York,

F. Stratton,

Counsel
in

for

;.

parties have signed a stipulation agreeing that all
in the bondholders' suit would be permissible
case.—V. 160, p. 1177.
•
-4 - ,

meeting

the shareholders, at

profit

the

A

■

Issue

'

;

A:;A .-.A '

Stock and Bond

;A A.' ;A\AAA;

V A;A/:

V:
New

'A/A:

Admiral' Corp.—Listing of Stock—

New

28 approved fob listing and regis¬
stock of the corporation.
The company's executive office and main plant are at, 3800 West
Cortland St, Chicago.
The'principal business is the manufacture of
radio, radar and other electronic equipment principally on govern¬
ment contracts.
Prior to 1942 its principal business was the manu¬
facture of small, popularly priced radio sets..
; •
: A
Dempsey & Co„ recently underwrote 216,000 shares of the company's
.
stock and publicly offered the shares at 7342
The company reports
that there are now
1,556 stockholders.
After giving effect to this
of 825,369

shares

($1 par)

160.

2177.

p»

'

;

;

Canton & Youngstown Ily.

Akron

Tmt

Net

$255,947

.A

90,849

136,612

22,076

78,994

118,514
66,521

34,004

Net

railwny_;

from
ry.

—V.

160,

_

4,1.16,717

1,441.653

1,685,401

3,151,907
1,048,301

68^,763

931,821

576,198

1,107,678

1943

1942

$1,957,060

$1,952,611

565.606

969,522

1,086.102

oper A income;:-

125,712

309,071

333,040

411,507

Condition

251,424

Net
Net

rv.

—V.

railway----

'20,354,624

21,514,981

17,927,843

7,932,307

10.594,372

8,929,844

3,815,435

oper.

160.

income.-

1,735,226

Period End. Nov. 30—

Frov.

1,296.347

1418,244

273.600

265,600

Provision for taxes

2,167,474

Gross

Int.

___A__

other

$30,077,539
12,955,203
9,741,670
3,275,200
3,171,600

Net

Balance
—V.

on

606,372

8,859,692

9,164,296

$7,152,470

$7,999,972

Net

from

250,448

2G8.996

3,189,483

3,179,902

Net

ry.

$333,281

$3,962,986

$4,820,071

189,082

2,268,986

2,268,986

$301,768

189,082

pfd. stock

.

;

160, p.

$112,686

A-

■

its interest, in.
,"A
,

1944—12 Mos.—1943

Net

oper.

Other

•-

10,579,693
114,717

39,403,198
381,856

41,679,851
336.039

10,694,410
■
A-A
3,867,608

39,785,054

42.015,890

16,760,935

15.650,757

1,536,195.

6,826,802
1,786,149

23,024.119
6,347,944

26,365,133
7,155,036

5,040,653

16,676,175

11,621

14,496

45,596

52,108

5,026,157

16,630,579

19,157,989

4,591,044

5,026,1.57

16,630,579

19,157,989

50,048

31,909

4,041,092

5,053,066

2,444,543

•

2,924,387

10,478,246'

revenues—

income

133.338,741
50,494,191

4,591,044

taxes

Other

S

$

34 593,269 141.004,681
13,501.006 £5,965,657
5,206,973
23,887,685
2,375,561
10,027,770
: 1 ;
2,930,036. 11,720,371

5.^39,445

Prop, retirement & deA pletion lea.
approp..

(net,)—

100,341

_A—

10,578,587

Net interest to public &
A other deductions

4,439,727

income

Bond

Exchange

Portion

19.246,834
10,129,634

11,778,231

to

interests

equity of

-

mi-

Am,

19,210,037
..

.

.

—

P.

subsidiaries
P.

Am.

Net

123

142

public—

6,138,860

uA" & L. Co. in income
of

123

to

applic.

noiity

Si

L.

Co.—

equity (as above)—

Other

income

—

180,240

86,735

36,810,819

19,244,724

.

'

:——A—

Total

123

Averages...___

__

divs.

Balance

142

Stock Exchange...
Curb

*Pfd.

Net

—142

AA

Balance

Banks of

Member

York

87,204

103,843

437,574

465,086

4,553,883

4,954,223

18,779,638
2,646,188

Expenses

&

deductions

563,603

633,787

16,373,245
2,305,623

——A—

3,990,285
50,565

4,320,436
92,192

14,067,622
339,179

-16,133.450
289.441

3,939,720

4,223,244

13,728,443

;

A

other

$144,199

$1,694,000

$2,551,085

1944

1943

1942

$3,155,009
1,224,071

$3,242,060
1,586,120

income—.

445,036

212,636

*1,408,244

railway.—

oper.

From Jan. 1—

'

from

34,882,871

34,077,082

11,684,500:

13,856,386

28,565,825
10,710,325

3,521,649

2,461,584

Gross
Net

from
ry.

railway

railway-*.-.

oper.

Income....
160,

-

1941

$1,700,507
345.953
55,407

Balance

.

'

dividend

°Full

earned

or

15,844,009

whether

requirements applicable to respective periods,

unearned.—V.

161,

p.

1.

American States Utilities Corp.—Extension Granted—-

■

3,961,546

p.'2393.

taxes

'AA'AA-' A A/AA A:AAaA

$3,187,519
1,026,033

from

'Deficit.—V.

2537.

Income
.

railway.—

November—

Net

A—A

of

Alton RR.—Earnings—

$602,277

income

Dividends

...

$

34,894,061
13,907,440

___

taxes A—-

Balance

$552,216

deduct..;

ox

(& Subs.)—Earnings—

' 1944—3 Mos.—1943

expenses

$32,242,566

711,005

income

and

and

Stock

Gross
/

Light Co.

&

Coihmis^on'S' order

■

4,602,665

revenues

Operating

Int.

expenses —

.•

1944—12 Mos.—1943

1944—Month—1943

for depreciation..

Operating

2178.

p.

Balance

$2,592,494

_

160,

Operating
Federal

-Earnings-

$2,833,167

revenue

The transaction is designed ".to--comply, with the
July 2,
1943, directing American to dispose

Subsidiaries—.AAv'. A.'A: AAaAAA;.- A/A A-' '

Federal

System——

New

Auction Sales

Alabama Power Co.

Gross

1,927,499

2,776,325

Reserve

Transactions

2393.

P.

1951,

$

142
of

Statement

Transactions New York

10,035,697

railway—-^

from

from

joint;

a

series due Jan. 1,.;

first mortgage bonds,. 3a/4%

1,

Jan.

American Power

140

a-A

________

Statement

Federal

Clearings

Banks

Reserve

$1,034,737
..

From Jan. 1—

Gross

to

Period End. Nov. 30—

142

Rates.——

Condition

Combined

1941

1944

$1,761,631

ry.

Sale of Sub.—-

its

of

$270,000

1246

Gross

Payable

and

of Bank

Course

Foreign Exchange

railway—

Net

Dividends Declared

RR,—Earnings-

railway-.,„

from

from

——

105
149
Redemption Calls and Sinking Fund Notices 141
The

November—
Gross

Net

of

1,

Savannah.—V.

City Bond Offerings and Sales

State and

621,320

Alabama Great Southern

—

136
137
139

General Corporation and Investment News.

2393.

p.

$954,43L

v-//...//■/

subsidiary, Savannah Gas Co., filed

its

—

2,864.364

income—

oper.

Markets

141

Miscellaneous Features

71.574

4,266,591

railway—

from

Gross

_

Toronto Stock Exchange—Curb Section—

From Jan. 1—

Net

Stock Exchange.-——

Toronto

Over-the-Counter

i $318,588

income. A

oper.

'.

A'-;' A;

1941

1942

$388,052

railway

from
ry.

.

Earnings-

1943

1944

$350,476

railway—

from

■■■%:

136

Montreal Curb Section for December 29—_

this corporation has been

November—
Gtfoss

•

136
Montreal Stock Exchange——A
138
Montreal Curb Exchange
138
Montreal Stock Exchange for December 29-141

A-AA

assigned to^'Erwin, Wasey & Co.
Contact and service
will be maintained by the agency through its
New York and Los Angeles offices.—V. 160, p. 2573.

.

*

Stock Exchange.
St. Louis Stock Exchange

years as principal administrative analyst. Army Service Forces,-.':"
Coincidental with the appointment of Air, Franke, the advertising
account of

A 134

A-

Pittsburgh

Official—
Director of Advertising and

of

-

134
Cleveland Stock Exchange..—
134
Detroit Stock Exchange--—A A A_aAaA- 135
Los Angeles Stock Exchange
135
Philadelphia Stock Exchange—
136

Gene Franke as
Public Relations has been' announced by John B. Walker, Vice-Presi¬
dent in charge of sales.
Gene Franke joins the corporation after two
appointment

Chicago. Stock; Exchange _

Ciheixmatl Stock Exchange- a A ALA—^iA-

A:/

outstanding, serial notes 3 Vz and 4%, due
at the redemption prices applicable on
the redemption dates.
,A.
A'"-''
:• ■
Immediately following the sale of the propertfes and assets to the
buyer under an agreement of sale,; Savannah will be liquidated aucl
dissolved after payment of outstanding indebtedness and obligations.
otlA" Al-an those assumed by the purchaser. Ail remaining assets will
be' .transferredno American ;or; New York Trust
Co., trustee under
American's debenture indenture.
A "■;
and

1966,

Jan.

Exchange-.128

Curb

and

company

Savannah's outstanding

Stock Exchange—
—_ 133
Stock".Exchange._A—A!;, 133.

Boston

Aireori Manufacturing Corp.—New
The

:

■

Baltimore

July 31, 1944, was $2,566,679.43.
A"..a;aA AAAaAaA-A;: A*'A A: AA;:

,

Quotations A

;/;A;/,v;':':

$914,917

application with the Securities and Exchange Commission Jan. 2 for
authority to sell the fixed properties and certain assets of Savannah
to Savannah-St. Augustine Gas Co., a new corporation, for $2,205,000.
Proceeds will be applied in part to the redemption of $1,000,000 of

AAA"'"A • A;'/A A'A/'' /A A; Page
York Stock Exchange (Stocks)
113
York Stock Exchange (Bonds)______ 124
A'AAA AA.'.'

;

New York

common

financing, total capital and surplus on
—V.

The

;

Chicago Stock Exchange on Dec.

tration

1626..;'':

p.

,

$299,779

$267,245

taxes

American Gas & Power Co.—Proposes

■

This

In

.

1857.

160,

1944—9 Mos.—1943
"

all

after
and

charges

Inc.—Earnings—

1944—3 Mos.—1943

Period End. Sept. 30—
Net

to be

160,. p.

former

618.

p.

American Export Lines,

exhibits

the

843,240.—V.

160,

elected

Travel, has been elected

all

;

the present

held on April 17, a proposition to change each
present $25 par value shares into three new $10 par value
shares.
•• A/A-'.;;..AAA.."'"A A-.:
V'A. AAAvA;
If tbia change is made it will result in the shareholders receiving
three of the new shares in exchange for each present share, and will
increase
the capitalization of the company from $8,202,700 to $9,-i
of

V"'''

Vice-President and Passenger Traf¬

charge of Foreign

Travel.—V.

Split Up Stock—

directors are considering submitting to

,The

annual

in

Assistant Vice-President

V.

Acme Steel Co.—Plans to

A.

Co.—Officials Promoted—

White, former Assistant

Vice-President,

and

evidence

'-./•■:/AA:A.''* ;;-'AA/.''.'A",

1.

p.

fic Manager, on leave with the United States Army, hfts been
Vice-President and General Manager,. Travel. Walter C. Runale,

brought .against Mr. Hanlon and his associates
Charles

161,

American Express

bondholders.

ACF-

Hall-Scott, engines, will con¬
tinue as the exclusive supplier of engines for ACF-Brill Motor Buses,
retaining its own
identity in the field of industrial, marine and
special-purpose engines.—V. 160, p. 2537,

action

similar

several

The SEC asked for dissolution

SEC action.

the

distribution of its assets.' / AAAA'''''/'/

and

trust

Brill Motors Co. and 'manufacturer of the

in

Hanlon

Mr.

Court.—V.

others,

Six

achieved in its field was.

W. Smith stated Jan. 3
the Department of Justice's suit
to
monopoly.
Mr. Smith addressed
United States Circuit Judges Thomas W. Swan, Learned Hand and
A. N, Hand, sitting as a special and final tribunaltt.O hear the Gov¬
ernment's appeal from dismissal of its allegations by a lower Federal

Dowhs4/:A1AA':'A'AAA1'A;- A'AA'''',,t;:'A.'AAA;/'/ '.A .'A;AaA.;,
five of them Suffolk Downs directors, are named with

Suffolk

organization, it was announced on Jan. 2. .
A'A'A'AAA
/
;As of Dec. 31, 1944, The J. G. Brnl Co., producer of trolley coaches
and street cars, and The ACF Motors-Co., producer of motor coaches,
were'. liquidated, and their assets transferred to ACF-Brill Motors Co.,
which company will henceforth carry* on nil the design, manufacture
and marketing of the types of vehicles previously handled by the two

/

that the company

enterprise, and efficiency, William

of

result

defending the corporation against
dissolve the concern as an illegal

in

Hanlon, invested $1,*

track.

A

dominating position

The
the

charged

petition

America—Domination Laid to Effi-,

A..."

A

ciency—

Mr;/Hanlon, President of the Eastern
Racing Association, operators of the track, with gross misconduct and
abuse of the trust by /'speculating" in acquiring controlling interest in

merger

been

have

the ground that its President, Gordon D.

SEC's

The

Copy

a

MISCELLANEOUS

-

Aluminum Co. of

In

A-.

Jan, 2 began presenta¬
in its suit for appointment of a receiver for the com¬

evidence

on

pany

Charged

'

-a

on

195,000 of trust funds in Suffolk Downs race

Companies

Transferred—
steps

of

tion

;

,

Securities and Exchange Commission

The

p.

A*'' A .A'AAv..'"

of Merged

Co.—Assets

ACF-Brill Motors

Inc.- "

Stores,

A-'A^A''AA.A"

A'''.

;;

,

160,
1C

'''''A'A.a

.

INSURANCE

-

Trust—Misconduct

Investment

Suit—

and Managing Director of

INDUSTRIAL

-

Aldred

A<?■:'
Bloomingdale
He:
d.rector 01 A-CLsaham & Straus, Inc.

Stbaus, Inc.—New Director—

Abraham &
.

PUBLIC UTILITY

-

Cents

60

and Investment News

General Corporation
RAILROAD

Price

N. Y., Monday, January 8, 1945

New York,

Number 4349

161

•

18,236,451
4,878,438
1,733.579

The

SEC

granted the corporation and its subsidiaries, Edison
(Mich.) and Southern California Water Co., a second
until April. 9, 1945, of the period within which

has

Sault Electric Co,,

extension

six-months

■

PB^ini!l!llilltllll|l!HII:llll!ll!i:!!l':ii!l:ll!!llll!!lHI!l/:!:!!illl!llll:ll!l!!ll!lti!ll!llINI!!!lll!:i!li;!!ll!l!l!Illlllllll!ll!l!llll!IIH:l!lllll!!fltllllll!'ll!ll!!l!i(!ll!l!'|

Offerings

For

-

Dealers,

Institutions,

Corporations

DEPARTMENT

Members

Established 1922

Tclenhone:

HAnover 2-2600




NEW YORK
.

• A'

g

■

A; '

.

•

-

'■

A

•

'

'•

bt

ll' '•

'A

»

g

BLOCKS of SECURITIES
A

'

y

which

A

are not

readily marketable.

1

^

;

INQUIRIES INVITED

..

'

INCORPORATED

QAllen & CO.
STREET

'

Banks, Corporations and Individuals have found
us an effective market place for large or small

J

Brokers,

-

Kobbe, Gearhart & Company

30 BROAD

'A

f-

Bids

Municipal Ronds

'

'

Unlisted Securities

FLORIDA & mm JERSEY

MUNICIPAL

H

FIRM

SPECIALIST IH

45

4, N. Y,

Bell Teletype'.

NY 1-573

Telephone
REctor 3-3600

New

York

NASSAU

Security Dealers

STREET,

NEW

Association

YORK ,5

Philadelphia Telephone
Enterprise 6015

Bell Teletype
New York 1-5H5

120 Broadway, New York 5, N.

1
P

|

HILL, THOMPSON & CO., INC.

I

,

■

-

/

-

A;"

Y.

:-

;.'A'

A
'

g*

S..

comply ■ with an order of the
ordering American States Utilities
its liquidation Smd dissolution,—V.

they ' must
1943,
cause

SEC—

pmefrdd stockholders
to carry out

12

committee o;

A

in effect

which

gEC

v'/,'

,

proposes

■//.:;

has filed a plan with the
the recapitalisation of the

Tie

Net

Amx.

,,

_—_

revenues—
laxes

oper.

5,016,345
5,<ou,OM0

5,103,563
t.cUv.uuO

1,266,345

1,108,563

iu^mieu-iur

.

Net

-V.

161,

d.,;

Net

$531,188
140,316

railway—

ffvm

Glues

iaiiway_i—d-v
income—

irom

Net

ry.

raUwayyuU-Ui..
income—

oper.

the.company has

The trustee of

The

the

Will.am

Vice-President,•• in

of American Propeller Corp.
160, p 1731

$379,419

121,283

66,728
45.027

62,037;-

45,955

.

4,353,093

4,695,510
1,151,327

5,508,502
1,617,828
714,515

604,245

would'

purchase

81.750,000 in common stock,
sale or the iimt mortgage

get

and must accompany
-additional couponn—V.

.^any

attachment

or

Operating
Operating
Taxes

bonds would be used to

v^.

G^.u.n

A-.eeu.

ln.cn

blx-yiai, -hfs
L. in in .m

a

The

ana

Gulf

Tex-,s

expenses

Gross

Fixed
Int.

1,435,862

_;.Z

;

series

'

.

,

American Arbitration

1944—11 Mos.-4943

■

ll:;.

4,189;278 >

-

have

1955

Interest.

Trust

:

: %

fund 4Va% bonds due
been called for redemption cm Jan. 31, next, at .104' and
Payment Will-be made at the Central Hanover Bank &

.corporatV; trustee, 70 . Broadway, New York, N. Y; Imme¬
time on presentation and sur¬

Co.,

diate payment will be made at any
render of said bunds at the bank.—^V.
,

158, p. 1821.

•

,

Co.—Extension Granted-—

Associated Electric

.

A' debs...

75,131

75,800

829,287

845,363

$115,728

$120,188

—V.

160,

Est.

V;

$971,133

;

1 "'44—Month—1943

>. $971,133

$710,517

oper.

revenues

$174,897

oper,

'expenses

1944—11 Mo».—1343

$3,957,970

$1,013,584'

500,342

'

$7,753,731
4.644,910

•

5,422,339

477,606

V Net- rev. Jr.

opers.:

ry.

$3;534,O01, '$2,908,791
2,439,811
1,591,913

$541,973
405,226

$474,555

;

Railway tax accruals^-

334,494

ope'ry income

$140,061

$136,752

4,431

.,0r2,on

Railway

(netu_u_

income

Net

ry.

income-

oper.

;
;

3,505

4,54i

$1,316,873

223,231

$1,324,021
33,748

$134,675;

$144,542

(net)

income

Co.—Weekly Output—
The
trustees
of the ^Associated Gas & Electric- Corp. report that
output of the Associated Gas & Electric Group for the week ended
Dec.; 2J, 1E44, amounted to 134,417,927 kwh., an increase of 3,714,666
lw,v„ or 2.3% over the corresponding week, of 1943.—V. 161, p. 2y : ;V
Associated Gas & Electric

fixed

$149,083

160,

241,554

;

;

Corp.—Sale Authorized-

28 authorized Denis J.

Lei'oell on Dec.

Vincent

judge

Electric

&

Driscoll and

by Associated Elec-%
System, of all the
account indebtedness of Owensboro Gas Co.
base price of $624,500, subject to certain ad¬

to acquiesce in the sale
subholding company in the Associated

"Wxllard L, Thorp, trustees,
trie

Co.,

a

to

and

t tock

common

open

W. T. Stevenson -for-B

160, p. 2395.

justment ..---V.

■;;,3 '■

...

1941

'J

$374,651

8658,249

$547,639

$577,615

102.3C4

23,871

130.3Q1

69.001

31,738

*33,529

"19,851

"14,486

ra:Iway-__^

7.175,363

6,569,934

rail.Way.*u-u_

1,516,041

1,843,005

5,442,494
1,415,992

4,269,931
955,123

249,759
ry. oper, income__..
^Deficit.—V. 160, pa- : 196

509,855

389,807

221,936

from railway..i..-

G"" ss
Net

from

Net

re

ilvay_._
income..,._

oper.

ry,

„

From Jen. 1—v

from

Gross
Net

from

;

Net,

to

face

agreement
ment

1944
$456,114
151.466

1943
$466,765
175,963

from

Gr.ss
Net

from

Net

ry.

32,579

36,426

5.230,779
1,940,472
368,225

4,819.249
2,077,662
438,637

milway^__

railway—

•

income—.

oper.

From Jen. 1—

from

Net

rv.

—V.

inrnme...

oper.

160.

p.

/vit

30,140

23,040

3,576,880
1,481,844

-

577,080

.

2,258.758
654.161
222.170

amount

The
RR.

$

"Railway

oper.

revenues
expenses
•Railway tax accruals..
Other debits

47.904,121

Railway

©per.

27,592,221

income

7,668,188

ry.; oper.

1944—11 Mos.—1943

$

$

41,752,126 485,034,152 426,670,373
22,549,917 275,359,012 232,719,321

11,572,938

11,665,769

1,070,774

279,234

^Railway tax accruals for

150,217,591 130.592,177
5,082,572
3,948,799

7,257.206 54.374,977 59,410,076
month of November, 1944, include $9,465,-




Barre

the

first

not

was

East

authorized

;on

fli the purchase by the company

of

of

Of

the corporation

the eirmess

in due course,
Summer of 1: 44,

the

in

siuv'r't",

the

remaining 40%

the

of the-stock, nine, shires are:,,

Maine' RR; and 1,591

shares are; held bv the

Sortwell,

physical

.

•,

.

•<

A considerrtiou;

alternative."
'
"')
stated that since the corporation; had already
excess profits
tax return for the year 1941 on

was

.The ba'mice of $2,499,065, pursuant to. e
of directors of the corporation, will; result

proposes

all

the

to adopt the
"lal-■"
v'i
fi'ed Its income
the basis of a

determination of the beard

in a reduction of the provi¬
contingencies as shown in the summary of cou »oUdated income and earned surplus; for the fiscal year- ended Sept. 30,
1943,
with a
corresponding reduction in the reserve for post-war
contingencies as; showp in; the: consodclated balance sheet at Sept-. 30, •

sion

post-war

for

1943.—V.

■?,

Bessemer &

Lake Erie RR.—Earnings—

November—1
"'G-bss from roilw.iy_^„^'

1944

;,:

;

$1,513,087

From Jon. 1—

from

Net

from

Net

rv.

313 514
296,345

289,638

18.790,030
4,732,580
4,081,953
'

18,693,911

—V.

a

roilway„>__

railway^i.
income-—
2397.
:

oper.

160.

P.

Boston & Maine

Operating

revenues
expenses

Joint fac.
Net

Other

rv.

rents
rents
oper.

*Total

19.217,451
10.13^,932
7,347,282

1944—11 Mos.—1943
$6,825,340 $30,371,434 $79,374,565
5,268,823-i-59,106,981
55,594.463
692,301
626.508 F8.936,859
9.689.459
217,741
284,005
2,713,536
2.698,498
22,936.
.23,024
. 230,498
257,318

^_.

(Dr\
iDri__.

A

$0,243,560 $11,134,827

$694,569

$622,980

105,551

94,389

$R0O,i °0

$717,369

331,316

366,581

3,903,272"

4,035,688

$468,804

income-

,v,o

deductions C~~~~
income

"Rentals,, interests,

-

..

$350,788

$6,512,171

$8,241^10

property,

Net

;

5,465,247

income

rr-,f.„]

-

1944—Month—1943

•—

Equipment

2,382,108

$7,092,794

„k.

Taxes

20,431,858
8,558,154
3,461,128

4,853,345

RR,—November Earnings—

Period End. Nov, 30—

Operating

V 1942
19G
$1,876,428
$1,666,607
872,693
857.037
137,247...
613,931

1943

$1,782,321
517,347

Net., from railway--.
Net ry. oper. income.—
Gr'ss

I ■;

■„v-y/;;a

160, p. 2754.

•

to purchase the properties of the Montpelier,
franchises, road and equipment, miscellaneous
materials and supplies, and prepaid insurance, for
$146 oeo.
Tim o'-noerty to be purchased does not include cash cn hand,
accounts receivable, or other intangible property of
the Montpelier,
nor
its right to exist as a corporation.
In payment for the properties, the Barre proposes to' issue to the
Montpelier at par a first mortgage non-negotiable promissory note
in the face amount of $345,000.
The note will be issued under and
pursuant to; and will be sec.ured by, a proposed mortgage to be dated
as of Jan.
1, 1945, between the Barre and the Montpelier.
It will be

consisting, of

with
held

and the corporation hed either to comply
or to re-ort to litigation.
At a meeting

position, however,
board's demands

a

property

ownership of a majority

i

Barre

-

were

$44,000,000 renegotiation refund, of the additional amount of $9,252,-:
659, which will be refunded under 'this second renegotiation, $6,703,594
is. represented
bv income and excess profits taxes already reported,

granite quar¬
approxi¬

non-carrier under the act, will acquire
and franchises of the Montpelier by
of capital stock of the Barre.
The
Montpelier owns a main line extending from Montpelier to
Wells River, approximately 37.98 miles, with a branch extending from
Montpelier to Barre, approximately 3.85 miles.
In addition it oper*
a'p-;
line I'm ir>i1|0s !"n<r in the City o* Rfrre whi^h is Jpn.v»»d from
the Barre.
The Montpelier connects with the Boston & Maine and
the Canadian Pacific Ry. at Wells River, and with the Central Vermont
Rv, at Montpelier and Barre,
Traffic is interchanged at all points

physical

,,J

of

Nov, 28, the corporation'^ boafd pf directors; after
the mrhv
factors involved,-reluctantly determined

end

owns

a
wholly owned subsidiary of the Boston & Maine.
present, is-on, active duty in the United States Naval
Reserves.:
Upon his release from active duty. Sortwell
intends to
assume
the management of the Barre, including the property to be
acquired
from
the, Montpelier..
Thus upon consummation of the

herein

r

Price Adjunmeri Bi"rd

York

received

It

mortgage

at

of

.

lf431i -was:
had ret bmn executed, an

sairi::Tn the cnnuil rcport for

former

of the Montpelier & Weils

RR.,

proposals

R, Brveh/h-^vo bee.i

resn't o*,i artiotV t"ken

the officers of the corporation, to
informed b
a ''epr « «»at"ve o' tgp ig<nv "o-k
Board that the Wav D?p°rtme"t Price Adjustment BFrd in Wash¬
ington had refused'"to approve the agreement and had requested:: that
the: corporation refund $53,262,659, instead of $44,000 000, as prod
vided in the agreement prepared bv the New York Board.
The cor¬
poration nmde prompt protect, which rem ted in n beiring be ore

exceeding $345,000,

by; the Boston &

'Virtue of his

a

renegotiation had been re^n^d 'w'th the Price A'tju tthe Army, Air Forces, in New York, p' r uant to which
of $44,000,000 for a renagov

miles

Vermont

control

of

ofiicrrj

"Late

$1,012,073

used
with
have
gepKral*r.ffi^--f; in common but are operated as separate and indepen¬
dent' properties1;.
■ '<;oV; -'I Vv:;;
:
The : Barre has: outstanding
4.000 shares of common stock (par
SI001, of which 2,400 shares, or 60%, are owned by Alvin F. Sortwell,
owned

on

corporation

the

$1,583,656
571,583

•

City of Barre, approximately 3.5 miles to (lve
on
and around Barre mountain.
It also

individual.

Refund'

ion

wire as wed by reprcentilives of
th 't, whi e the agreement ha X
approval of onlv one membgr o* jthe: War
Department price Adjustment Bip.rd: in Wa-hington. it would by ap-.
proved bv: tba^ entire- tootvdV^ nod would;b& Executed ; and -deliyer^:

of sidetracks passing tracks' and switchbacks
in serving the quarries.
The onlj' connection of the Barre is
the Montpelier within the City
of Barre.
These two carriers

an

as

le.und,

New

then

%

RR.—Purchase, Etc.—

located

15

$2.91

Covm—If>43 Rene
Contingency Reserve

although a written n.grecnvmt

Board

"The

non-negotiable promissory note in the
to be delivered at ,par to the
in payment for its line of railroad.
incorporated in 1913 by consolidation of the Barre
Barre & Chelsea RR.
Its line of railroad extends

a

of

the

and

Tlie

Rv., and Panhandle & Santre Fe Ry.)

1944—Month—1943

28

of connection.

Santa Fe Ry.—Earnings—

Colorado & Saute Fe

Period End. Nov. 30—

Net

$219,059
61,755

2642.

Atchison, Topeka &

I

,

1941

1942
$386,598
183,056

"

.

mi1wiy_.aJ
Tailwayl..2„

Grs-.fvefn
Net

.

$835,545

1,825.805

$0.63

corporation had set aside an amount

ti.uion

Montpelier" & Wells. River RR.

Sortwell,

Atlanta & West Point RR.—EarningsNovember—

issue

RR.

mately

1942

1943

1944

N member—

:

3,742.500

378.972

snare

Aviation

that,

stated

its

Dec.

on

and excess
870,500

Sept. "0, lr4T
Iu his lettcr Mr. Breech

River
RR.; (2) approved the: acquisition by Alvin F. Sortwell of control of
the physical property and franchises of the Montpelier & Wells River
RR., by reason of ownership of a majority of .capital stock of the
Barrc & Chelsea RR., and -(3) granted authority to the Barre & Chelsea

from

Coast RR.—Earnings-

$87,645

physical property and franchises

ries

Atlanta Birminsham &

ICC

for Fed. normal income

to complete ret
negotiation of the company's war contracts for the fiscal year ended

the

The

282,425

5.563,305

:>epresenI?ti*eS:>'bf:-tkt;'Soitrd'"-iiivWashin$toh^ That board adhered to

Barre & Chelsea

the

1,313.699
5,235 880

I.The stockholders on Drm ?28 were advi ed bv Freest
president;- lb^
th« comiiigepf-v funds of Mmcompany

$1/558,432
'
25,224

2396.

p.

.

Gas

50,535

$102,497

$1,357,769
522,224

$138,180

46,586

charges.---

income

Net
—V.

3,670.216

290.601

1.249,472

.reduced 'by$2,4")9,0'"5,

for

available

charges

Total fixed

9:3.212

......

1

income

prov;

the

$1,094,7^0

G 365

88,298'

.

8,402,220

.

prof t

Reduces Post-W2r

65G.0n0

T

2

929.244

3.6 2

$1,360,517

,

iJ-

-

Aroostook RR^—Earnings-

Railway

Rent

355,399

1,212,86 i

Earnings per common
—V. T€0, p. 2538.

2533.

2179,

p.

$70,188

$115,728

Period End: Nov. 30

>:

363 331

2281.765

Consp'idated net profit

42,579

.

;

Bansror &

-

541.4

I 24,769

.

expensex..5

delivery

ana

Bendix
50,000

suml-s 'Tuf.:

■■"alm-e

premiums

profits taxes

depreciation)

Income

'

been granted an extension until Feb. 28 by the
SEO'ta ao.1Jx.e the assets, of its subsidiary, Indiana Gas Utilities Co.
Upon conmmmation of the proposed transaciioxis,- Indiana Gas; Utili*
ties will be dissolved.—V. 160; p. 2754.

Associated

2,944.620:

125.843

$2,248,460

3,871

$1,842,999
v
42,579

$194,729:

opecial
war
accelerated

for

Gro?s

Total

$199,859
:: 3,871

-

(inch

Other

has,

company

annu ty

Cjther income

the.'r

The

$

36,606

4.117,509

.

$194,430
0,428

$386,050
8,679

Railway

Co.—Cails 4J/2% Bonds—

12 Months

27,722,451 108,524,273;
84,623,510

.„—

Other admin st:at ve *expense..-__.
Provis'pn for deprcc*ntionu_„u_^5_.5..ev-,u

$2,202,236
46,223

income

res.

first mortgage sinking,

outstanding

the

of

3 Mo.itxis
$

inter-

i

seii ng

Other

:

$1,767,472
75,527

charges

Net

.York; City.—V. 158., p. 2462.

Western Gas

Arknpsas
All

excl.

240 593

the

■V

'

(& Subs.)—Earnings—

earnings,

3,031,099

.

and dire-tor ot The

sales!

Insurance;

5

; >*

Co.)

324,894

399.941

income

on

Piuv.

elected a diiectur of this company, manuiacturers
n:r,gne.i;tm akbys.
He is Chairman, of the board of
Prociacing Co., Inc; Treasurer of Sterling Injection

.ding, Inc. jtui. alo, N. Y.;

M

•Assucia.im, New

.
- - ■
that, thi wv emergency has a reqronbeing termi"aled in t'm ne-r future end the cor¬

are-mindful
o.

(:ncl.- storage

sales

company

$2,0o3,705 $22,500,315 $22,973,250
1,544,381 16,543,565 16,653.534

$2,071,853

Non-opera t.ng nnuome.

Bonds-

Chicago—New Director—
; .
industrialist and former War Production Board-

"

cf

Co.—Earnings^—
1944—Month—1943

revenues

Aycx Emeltiiig Ca.,
'

of 'he
oo-k to r miain
1944, will bo entitled to

.

Period End. Nov. 30—

red to be surrendered
the bonds when submitted for
1C0, p,. 2394.
.

a.

Cost;Of-21,617,403
704.151
Repairs and ma ntenance

.v.

to

•

Its Stock—

kju tj rp^fuvt an ixiCrCa"e
the present 500,000 shires to

v.i., be
tj:k from

Jan.. Do

1. 9.370

1,505,717

3,787,574

(Including Baltimore Coach

warrants-attained to sa d bo.ms aro requ

ine

1,533,907
8,7,6.2

p.

Baltimore Transit

bonds due Juiy 1, 1995, have been
re^..^7,1.u tu present such bonds at the office of the company, 33 Pine
Street., Now York, N, Y., for'the purpose of having annexed thereto
hu- eus
c..,.i,uarci inkita tu become payable quarterly April 1-,
ig-c-;. and t tercane/ to and mcladtng July 1. 1995.
j.
V
The

on

Beatrice Creamery Co*

Retirement

mortgage: 4%

f.rst

of

Holders

ux

161.

Operating income...

be Attached to

3.323,796'

3,740,227
2,253,383 :

929,134

-

1,485,309

289,888

271,806

T"t?l
-V.

ykkv

;

6,90",955

*,958,444
/

98.155

equipment.

new

-Coupons Ready to

to

•

117,831

112,784*

from connects,

:

bonds' and $353,000 in common, stock. -; yyy::;'..d y. t
Louis & Chicago RR. and its guaranteed stcck-

end i irotu" ( he

u.

9,696,818'

6,247,672

•

Period Ended Nov. 30.1144—

194#
; {;
1944-—12 Mos.—1943.t•
2,302,265
2,125,982

1944'— Month—1943 T
159,022
172,057 n

-

received
(cais)

ireight

Rev.

Federal District Court,

receive $18,340,060 in income bonds and $32,792,125
stock,.; 8.;; V1v.;'' %;•y''8;
Chicago RR. and itsstockholders would receive

bt.

arty

.mn.us

bo.clsrs
F.

icarsi

common

Joliet. &

$1,356,000 in income
;

loaded

frt.

Rev.

■

common

directors

pr;b -biUt t

Net

During the Years 1044 and,

Carloads Handled

;i -Period End. Dec. 31—

-

'

of Greenville, Ohio.

by .the Greenville Steel Car Co.

1,119,327

469,686

filed with the

,

Equipment Order—
R. B. White, President, on Jan. 2 announced'tnat afKike: 1ayt meeting
of tne buara mi airectors. held in New York on Dec. 20, .authonzatioiv
was given
lor the purchase of 500 steel box Cars,'
They will be built'
Baltimore & Ohio RR.—Places

.

142,373

37,284

poration wi 1 ba faced with' tl' of the pfdb'cms of reconversion an-l
of post-war possibilities, and believe that.; the corporation should be
in a position to t ko quick and decisive a t;o;i, if and when-rendi¬
tions render such
action advisrbe," says the notice to stockholders.
According to the proxy statement, the addition^ authorized ctork
will be treetGl as a re ervei
The directors have tck-iH" no action with
re pect to the u;e or issuance
o." the additional shares, proposed.
The
curpor'tion has only the one class of stock.
; g-'-'lVr fd'yl-'-.-T
Welter H;. Beech, President, in his letter to stockholders, points outthat la t August the company, mydfe a settlement with the Price Adjust¬
ment Board of the Army which was approved Oct. 30, covering opera-"
lions, for the-fiscal year If.4J, which settlement reduced the final net
income of 1943 to $2,216,596.
He points out that; the 1944 reserve of
$16,379,581 has been Set aside as k renegotiation ii"brlltv, althougli hoi*
renegotiation proceedings hive been started.—V. 160, p. 23J6.

1941

"

authori.ed

the

r.b'e

Ohio,VakwhpUy.-!''-,

^

374.112/

11,285,653%

,

•

itjtkhold*r.j-

t;"The

:,

tion as Executive ■
divisions and also

pj Toledo;

,$388,762
208,829

$733,835 :

097,743
*203,434

i'e.

oper;

vote.

mk.v-''Tf

in his present pos
active charge of Avco s operating

1941

1942

V.-

$3,152,027

39,263

income--.

oper.

1343

•

3,163

1,500,000 shares,. the pur v. ue rnc> rijhis
unchanged.
Stockholders of record Dec. 23,

.

yt".:'-

operating divisions. F. Wise w.ll cont'nue

its

of

46

Beech Aircraft Corp.—Plane to Triple

.

Mr.

but

Corp.

rate of

,

directors" of Hertz Dri/-Ur-3clf Com.Ln es, '
Will' continue" as Cxiief executive o.f'.ccr of -The Avia¬
Bab ock w il represent the interests .of. t ie cor¬
poration in its various snbs.d aries, and w II. also be. in; general eltarge

propu.es

new

The

14 164,023.

a

pian

$5,782,125 would
in

11,984,783

;

715,237
in one.—.
"'"Deficit.—V. 16C, p. 2:96.

'

of

board

the

tion

reorganisation plan for the railroads and its leased lines.
a new first mortgage of $15,000,000 of 4% 50-year
bonds, $2c,0u0,060 of 4Va75». income bunds, and 349,768 shares ($100
pa. ) common s tock.
m •; > /■ ■ '-d;: ddddm
■ dd:
Holders of $45,CC0 000 refunding 3%
bonds with unpa.d interest of
China go,

Jen. 2. was

the ncte to the Boston
outstanding note of

presently

a

$915,940

from; railway—:

Net

il;»Mr. Emanuel

Filed—

Reorganization Plan
•''<

118,798

,

5.466.692 •*.
1.327.123
626,413

railwayli:--;.

froim

from

$.40,145

1—

From Jan.

Net

1942

1943

$471,669

52,383

Nil ry, oper.

Gi\ ss

d,

i y.

from

:d; From Jan. 'Lmd.d IV
,:.Gv;- s i Troahdi ail way

4 465,322

owned subsid ary —V

.1944 d;;;':

.>

Net

■

(Del.)—New President, Etc.— 1

Fres dent, on

of

1944

"• '.

.- -

-

railwayiwvi

s

Tno

Emanuel,

its President

November—

66, 873,651

uuO (; 46, doAiu'O^f

4,053,401

.

place

irom... railway

in

of

■"

November—

Gro,

elected- Cnairmaxi of the
board of directors.
Tue presidency of tne coryorat.on w,.i ba taken
over
Feb.
1 by Irving; B. Bab.ock, w.io has
reo-gxied ;this present
positions as Pxes dent of the xel ow Truck &'.Coach, MaxlUxacturing
Co., V ce-Pree dent of General Momrs Corp.; Ufa rmah of .the board
of directors of Yellow Manu.actur ng Acceptance Corp.. and Chairman"
■

■

-

the

take

to

Montpelier iir .the same amount.-bearing interest at the
per annum, held by the Boston & Maine,

Net TV,

9 03,3 44

Aviation Corp.

(The)

Electric Co., Inc.—Output—
Power
output ox
the e.ectric propertiesfoil' this company ior the
week
ended Dec.' 30,"' 11.44, totaled 81.082,000 kwh.-, an--increase of
1.64% over the output of 79,757,300 kwh, -if.br. the corresponding week
Oi' li.43.-V. 161, p. ,2.
- ■"'y /II;/ ,,.iy-!
RR.—Earnings-

,

-

Beaumont Sour Lake & Western Ry.—Earnings—
:

■

16,044,244 " 18, 623,351

199,219

933,273

4'i

payable semi-annually on April

4'.'a %

2.

p.

Victor

American Water Works &

Ann Arbor

333,066

income.

oper.

ry,

RR.

Maine

&
the

58.044,244
:

annum,

per

1,

N it

,

,

include,
compared with

■'
$
''*'1 i $ (V ' ■'
142,655,850 '140; 342,637
,463,286.;
84,611,606
73,

;

12,398,137
7,239,574

Operating income -—'
Equipment : and
joint
<:facility :rent(netv

filed by

pim

$

Operating expenses

'
a
the preferred ctockhclders' committee, the mem¬
bers of which own an aggregate of 28,530 shares, equal to 27.5%, of
the totai prmerrcd outstanding, alio provided the machinery for the
carrying out oi the plan by a trustee to be appointed by a Federal
District Cvurt upon the application of the Commission.
The tru.tee
would also carry through the nomination and e.ertion of a mw board
of cirectors,
The p.an aim provides that the new bo rd of directors
wi'l take prompt action towards elimination ox the compmy's "present
onerous
funded indebtedness" and that it will submit to the stock¬
holders for their decision the question of- wnethcr the company shall
be liquidated or shad fodow other courses of action.—V. 160, p. 2754.'
disso.ve.

wi'l

1944—Month—1943

—

4%

of

beginning April 1, 1945.
It is stated that the Montpelier will assign

•1944—11 Mos. —1943

12,9b2,390
7,946,045

revenues

rate

the

Oct,

inter*
1,"

1945, payable to. the Montpelier, and will bear

of Jan. 1,

as

at

and

RIt—November Earnings—

Coast Line

-v'"."',

Operating

est

.

months ended Nov. 30, 1944

Federal income and excess-profits taxes
1943.—V. 160, p. 2538.
...... . y.

Period End. Nov. 30—

'd

Commission's order of June 21, 1944.
to recapitalize on the basis of a
singe class obstacle of which 85V shall "be dutributed to the holders
of the preferred stock and 15% to the holders of the common stock. .
The comomy on Dec.
13, 1944, fled a plan of liquidation which
proposed to use proceeds irom sale of subsidiaries to the retirement
of its co'lateral truLt bonds and the distribution of any remaining
assets among its preferred and common Ltocknoiders in the proportion,
of 65% '.to preferred and 15%
to the common after which American

i

d

in

Atlantic

company as contained in the
Thi; order directed the company

'

"I,

.

tax accruals for the 11

Railway

$.107,823,762

.

-.

'

■

dated

compared with $9,630,000

and excess profits taxes

income

,

$127,374,566

Corp.—Preferred Holders

Service

Utilities

American

1943.- ;

in

•

File Plan with

w"deral

000

Commission dated April 9,
to take action necessary /to
160, p. 1730.

Monday, January 8, 1945

FINANCIAL CHRONICLE

THE

106

etc.—V, 160, p.. 2642.

Bowman-Biltmore

Hotels

1,171,883.

1,142,671

$10,415,-143

•

:

Corp.—Adjustment

Plan

Proposed—
The

corporation has

proposed a plan of adjustment to Its note

hold-

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4349

161

ers,

under which cash and new debentures would be paid for outstand¬

ing

notes.

upon not less, than 30 .days',
before «mn.v -1,- -ly-fS;. $Hi4.50

it does, not

the plan does not create new indebtedness,

As

and

require approval of stockholders.
Tue

wlU

then

amount

which

iinect

The

more

insufficient funds..

will have

following

$750,000.

■

date

interest

due.

the

of

As

of

end

interest
the

For

which

at $185,460.
of

notes
the

at

without

interest

debentures

The

series

which

A':,

B

will

ThC series

The

series

or

10-year

un¬

debentures

face

for

the

after

bear Interest

wid

A's

.and

retired.

been

have

payab.e to 10 years without interest.

are

stipulates that

of

(Expressed

Gross

from

earns,

Operating

salesmen

"Net

earnings
"Before depreciation

amortization.-—V.

and

,

The

21,816,512

35,158.505

160,

2539.

p.

the

to

of

approximately

wholesale

of

variety lines

corporation's

and

income

profits

excess

such

Butler

salesmen

and

from

for

many

and certain

had

In

years.

assets

the

greater

1930

American

of

position

strong

a'

comprised

Net

;•%%

lifted.

acquisition dry goods have become

'

.

.

Capitalization

below:

to

Effect

Net
•-

profit

adding

before

profits

excess

refund

post-war

tax.;

of
$933,629

pfd.

stock

Cumul.

$754,608

280,000

-.

pfd.;

stock

118,881

profits tax

excess

Cumuf.

;-v

/

——

Add—post-war refund of

Common

Net

to earned

profit carried

surplus,account

$1,213,629

refunds

of

$891,444

Gross
Net

from

Net

tax

not

are

ry;

'November—■
from

from

Net

ry.

;

of

directors

usually
dends

the

felt

it

paid
at

above

Dee,

It

be

can

par)

March

of

as

15,

1945.—V.

Gross

ry.

shares -being
in

$10

the

York Stock

160,

Gross

surplus.

shares

Net

offered.

now

to

(being

125%

evidenced

of

by

the

market

the last sale

whole

in

of

price

such

of

in

or

the

stock

stock on

at

part,

$7.50; per

shares

of

Jan.

on

3,

1944,

ry;

to

%%■

■

21,483

of

and within the period above stated. In

connection

as

-

purchased

by

C.

underwriter,

each

of

his

$31

at

used

■

%.

stock;

the

are

'

•

f~V.

options do not confer

the

Since

subscribe

dividends,
issuance

to

an

or

of

any

of "the

the

options,
of

aggregate

upon

the holders
other

two persons,

2,000

shares

right to vote
stockholders.
holding options to
any

rights of
of

stock,

common

that may at the present time be issuad pursuant to the exercise of the
options issued on Jan. 3, 1944, is 297,500.—V. 160, p. 2755.
;

lMcDonald & Co.—©

November--,

Cross

from

Net

from

Net

ry.

:

,1943

railway——

$250,877

.

•

78,C97

income—

28,212

"

•

from

ry.

income-—

oper.

"'Deficit.—•V.

160. p.

$162,683

int.

of

4,268

35,035

*11,993

2,517,585

1,634,297

,108,352

Boyce

whole

$107

932,922"

386,294

118.894-

560,952

547,205

or

redeemed

Share

if

in

after

158,999

*35,448

Inc., headed

a

and

a group

Offered—

of under¬

to

on

or

1, 1948 and

after

before
on

or

Jan.

T,

1948;

before Jan.

1,

$160

a

dividends

to

2) ,870,852
5,590,640

254,869,139 225,631,04$

38,409,729

'

of

100.000

1943

8,730,000
1943

$6,231,000

.$6,282,000

'

1942

1941

•

$

cash

118,472,832

' 611,486

598,732

119,116,228
95,538,518

the

accts.

713,300

dpiibt.

contributions

14,081

17,556

1,051,602

663,787

1,047,088
706,569

469,452

.

203,228

128.914

,

,

profit a%i_—r._

Co.

and

5,607,449

prof,

30,747

from

Net" from

Net

21,391

refund

"profits

332.445

5,638,196

of.ex-

128.335

' 976,300

tax—a—r. ;

State

income. taxes-%H_:
Approp. to gen. conting.

.

,

■:;

Cr205,000
% 26,284

from
ry.

/ %
250,000

.

49,208

;

the

1945

rehabilitation

$3,000,000

will

in

the

five-year

rehabilitation

%

1943

675.359

420,091

-

pie--,

%;%

Date

1951; $105,

a

1. 1951 and on or before Jan. 1, 1954,
after Jan. 1. 1954, payable with accrued'
the. date of redemption.
Stock is also sub¬

Jan.

redemption through

the

rates

of

.

1942

3941

$3,029,507

$1,937,009

1,368,523

355,85U

.

72,465.

999,121

187,5%)

20.127,680-

35.776,515

24.37-1,239

26,584,344

10,099,367

13,320,862
748,801

9,375.-005

5.604,823

6,922,546

3,86y&fi-!

5,899;645

income

2755,

p.

'
400,000'

*

Light Co.—Earnings.1944—Month--1943

:

%

$1,065,735

for

128,500

128.000

1,541.500

taxes™

2,77,225

287,613.

3,544,467

^-1%,

$175,577

amortization

Provision

for

1944—12 Mos.—1943

,

$1,015,964 $12,290,913 $11,556,3u7
417,221
5,149,311
4.670,3'4\

expenses484,432
deprec. -and "
;
—

1.536,000
.

•v

Net

profit

1,646,539 '

1,267,056

1,635,651

'-.v

2,479,900

*~V. T61, Jp% 3.:■ :■

.%

-

Gross

Int.,

income

etc.,

—

"(A. M.) Byers Co.- -Earnings—
Period End.

•

Net

";"

%

1944—3 Mus.%)-1943

3,253,068.

Divs.

and

taxes

_

$191,800

.

$158,843

"$0.35

$888,170

i;::$0,23

$1,147,113

$1.86

operation

of the

annual,;retirement fiind

preferred
aside
of

—V.

shares

160,

i

tenders for sale

to

it of its

7%

cumulative-

stock for the purpose of using separate sinking fund set
directors; consisting of 10% of net earnings in -excess
paid on the issue during the 3'ear ended Sept. 30, 1944.
offered

received
as

well

p.

41,800

$80,335

2539.

.

on

as,

or' before Feb.

price.—V.

New

York

'

p.

1077".

The

New

York

and

"

%

Ohio

160,

p.

■

$917,764

exchange, remittances for foreign su^icriptlons and advertisements must be made. in New York funds.




Ol'

$933,6

%■..%■

%

•

'

Corp.—Listing of General
•

,

authorized the listing of $48,»
series, due 1974, which are issued

has

3%

2643.

,

.

'■

'

Sto;ck'Exchange

outstanding.—Y;

Central

"

Power

000,000 general mortgage bonds,

I and"Sh0uld" state- number

160,

501,606
%

%.■.-;

..

,

"

Central

$284

by-the

must be

41,800

'

'

dividends

Tenders

of

.

is asking

661,58 >

$1,435,28$
501,6('b

*

Mortgage Bonds—

Asks Preferred Tenders—
company

636,263
$1,419,371

$80,807

pfd. stock.:

,

shares

52,994*

$122,607"

Balance

sh. on 264,635

common

The

on

$2,096,869,

$130,135'

52,970

deducts.u——

$-2,055,635

1944—12 Mos.—1943

proiifc after charges

Earn, per
,

Sept. 30—%

$183,130

.

.

,

,,-....

i

j

Light & Power Co.—Registers Stock—*

The company on Dec.. 29

registered with the SEC 11,972 shares ($100

The -Commercial and Financial Chronicle (Reg, U. S. Patent Office) William B,.Dana-Company^ Publ
ishers,25 Park Place,: New "YOrk 7, N; Y., REctor 2-9570. -Herbert D. Seibert, Editoi and* Publiplier;
William
Dana Seibert,
President; William I); Riggs,
Business Manager. ' Published ^twlce :a
week 1 every >Thursday (general news and advertising issue)
with a statistical issue on Monday!.'
©ther
offices: 135 S, -La Salle St., Chicago 3, III. (Telephone:: State 0613); 1 Drapers'
Gardens,:.London,, E.- C., England, c/o Edwards■&Smith, Copyright 1945 by William B. Dana, Company,. Reentered as second-'
class matter February 25, -1942, at the post office at New ,York, N. Y., under the Act of March
3, 1879;
Subscriptions in United States and Possessions. $26.00 per year; to- Dominion of Canada^ $27,50 per
year; South and Central America, Spain, Mexico and Cuba,. $29.50 per year; "Great Britain, Continental Europe (except
Spain), Asia, Australla-and-Africa, $31.00 per yearr NOTE: On account of the fluctu*

ations to

ba

•

revenue

Prov.

11,61b

%-

600,000

Approximately

$3,138,652
1,156,877

income™

railway———

Operating
'

,

200,000

for

$3,082,180

Period End. Nov. 30

'

Cr252,000
-

it.

included

not

railway

oper.

160.

Gross

%•_ '

•;

Cr241.000
58.681

cash

1944

It may be necessary to use considerable casU

purpose.

Central Illinois

'250,000

.

25, -3944,

properties In Savannah of the Oceau
which are now rented by the railway

to

railway-:.——

Net

l,450,fian

2,500,700

%

the

by

terminal

Savannah

railway—%

oper;

ry.

Net

84,586

940,000

2,401,000

...

made

4,676.103

805.000

.

was

with; the settlement df claims of' various creditors; arot*

From Jan. 1—

84,291

2,050,000

taxes

$1,466,695,

.1944

4>591.»U

35,498

deductions

from

essential

replacements

Gross

144.224

5,302;lG8

5,337,666

highest bid,

Earnings for November and Year to

249,908

..

53,543
4,214,733

and

will have to be made in the reorganization plan for an ade¬
cash reserve for working capital and additional improvemeniK

—V.
income

front

of
are

connection

quate

547.092

4.161,190
-,

aside

1,032,204

81,429

.

'

..

bidding,

provision

."%% %' ■*-%

69,964

set

river

13,758,814
307,99L

exp.-

'

;

hand,; including $2,000,000 of temporary investments;
cash requirements to Dec. 31, 1944, including $2,-'

required for that
in

104,391,062
83.759,014

adm.

*

the issuance of not exceeding $1,45(\

At this price the average annual cost of th«

-

.

Other income

cess

Payments—

1937,

and

be

Company -and

103,779,575

643,396

&

491,113

The

received.

on

to

Steamship

14,793,-741 '15,914,389

Post-war

1,

14 authorized

been, accepted.

$12,954,509,

chase

$

99,192,337

excess

Aug.

improvement program, of $6,047,768, leaving a balance, of. $6,90b,•The reorganization plan has been filed, and it is desirable, in tho
applicant's opinion, that the., railway company should acquire by pur¬

(other than inc.)

Other

.u

.

741.

11,717,064
Cr65,142

Total

'

1944

and

*

goods sold—%

Gross

44,193,913

1.944

7,741,000

proceeds- to 'the applicant will be approximately -1.35'/>>.
A statement of the applicant's cash position as of Oct.

^—Years Ended Dec. 31S

; 95,679,800 121,017,353
received

gen, •&

^

$

of the Commission states in part:
%.;.; ■
offered for sale through competitive

were

has

and

Grcss -from

share

share if redeemed

unpaid

ject

redeemed

Jan.

redeemed

and $103

S

were

,

78,710,152

of

pension

part at any time upon not less than 30 days' notice
if

1944—11 Mos —1943

'

27,461,492 293,278,868 269,824,963•!

27,365,196

Net income

Ripley

share

a

S

'

liberty National Bank & Trust Co. of Savannah and eight associate-s%

Shows

*

1943%%

Peprcc. & amortization
532,170
Maint. -and. repairs.'JLc-%332,214
Release compensation &

Preferred-stoclg is' subject to redemption at option of corporation
a

notes

payties

1,000.

1

as

$

: 21,135,118

Dec.

report

The

2397.

writers whicii on,Jan; 4 offered 100,000 shares of cumu¬
lative preferred stock, 4%%- series, at $103 per share.-

if

1944—Month—1943

—

due

on

The

Income

_J_—96,170,914 121,616^)86

Total

Cost

;

at

Railway—'Earnings-

''

the applicant also invited tiidS from 67 investment"houses,
;banks, and
insurance companies.
In response thereto five bids representing 19

1,000

1

Consolidated

dis-

income

rniscell,
'

less

counts, etc.

Rentals,

$98,677

53,369

42,321

Butler Brothers, Chicago—Preferred Stock
Harriman

&

"

'

$

*

$171,766

Jones & Co.^a

Bros.

"

•Oct. 31,'44

•-

;

■

railway—
2,784,842
Net from railway—1,037,858
Net

'

58.080

*.

2,000

—

■;'■

*10 Mos. End;1'
•

reserve

-V?: ;;%.■'%■

v

1941

*438,33:4

6,030,078

interest

986,430

Fed.

1942

*103,822

'

"

of promissory notes-in evidence'of the-unpaid portion of the pur*,
chase price of certain equipment to be acquired under a conditional;sale or lease agreement, the notes to be sold at $1,466,695.

Chapman Sz Co._,a_ 1,000
Graham. Parsons & Co.$i_%.' 1.00a

Edward D.

3,000

il—

Statement

'

railway

oper,

-From Jan; 1-^.
Gross

1944

>

*232,232

*528,653

Trustee, Notes Authorized—

Farwell.

Whipple "& Co.%^i_% 2,000
Clark, Dodge & Co
2,000

sales,

1.255,781

160, p. 2755.

The ICC

Piper, Jaffray & Hopwood_ 2,000
Merrill, Turben & Co._;
1,500'
Baker, Weeks
Harden
1,000

Bacon,

Gross

*73.420

■

*486,265

2539.

p.

'%

;

1,314,088

488

1,000"

Sons—

Fed. normal & surtaxes
1

*76,592

-

*901,825

income__J % *958;075
160,

*38,487)

Feb. 1, 1938, - Aug. 1, 1938, ai d
1939; on the first mortgage 5 %- gold bonds, due 1945, was paid
beginning Dec. 29, 1944, at offices of Bankers Tru-st Co.; New- York;
and Liberty National. Bank & Trust Co., Savannah, Ga.
The-* interest due Nov.. 1, 1934,. on the consolidated mortgage 5%
gold bonds, due 1945, was paid, beginning Decf 29, 1944, at • the sarvft
offices;.
-%%,-%;%^,-,%;-%i\:;
■ %■>■■

1,000

&

,

Burlington-Rock Island RR.—Earnings—

-

1,223,021'

Central of Georgia Railway—Interest

have

resigned from the employ of the company and have accordingly fbroptions.
Consequently, the maximum number of shares

fcited.their

%

earnings---..—-—

The

The Illinois Co. of Chicago, 2,000'
Kebbon, McCormick .<& Co.— 2,00o

;

Stein

Brown

The Wisconsin Co.—:

Taxes

The

%

-

y

S8&.4"»0

*43,250

Feb. .1,

Shares

-

3,000

Alex.

transferable except by operation of law on the death of the holder,,
in which case it may be exercised by the
personal representative of the
receive

%

1942

$3 21,962

*100,504'

*76,339

%

7

.1942

$107,199
*61,746"

*29,290

inccme_„s
.

1943

$126,092 %

Week Ended Dec. 21—
Traffic earnings

;as

Rauscher, Pierce & Co.—u

for

to

,

.

10 Days End. Dec. 31—

several

respectively,

I. M. Simon &<Co._

Prov.

or

;%

1944

.

earnings

Traffic

the

(b)

3,500

Sell.,

holder.

1

railway
i;392,597
railway—J—' *497,598

oper

Net

Hemphill, Noyes & Co.—2;000

Corp..*._^_—4,000

Baker & Co.^lil

after the one-year period above referred to and the retirement
shall have been approved by the board of directors. None of the options
are

;%

Pacific Lines in Vermont—Earnings—
*

r-

earnings
Working expenses

as

Spencer Trask & Co.—;—-4.000

.

retired

939,56$

521,460
1,501,791%
%
%'.;:/;

share,

per

Alfred- L.

;'■% ■""%; %., %
%.;, %::%%%,;
If a holder discontinues his employment prior to the exercise of his
option except by reason of physical incapacity or death, or is dis¬
charged for proper cause, the option becomes void unless he shall have
ability.

3, 274,6G3

1,982,672

2,034,156

Gross

Dominick <&r Dominlck—2.000

Langley & Co.—4.000

such

the best

' 4,730,286

2,607,317

-

be

Lee Rlgginson

options, each holder has entered into an employment
agreement With the company agreeing in consideration of the issue of
the option to him to perform the full and regular duties assigned by
the company for one year, whatever the nature of such duties may be,
to

•"

5,907,833

oper.

ry.

%,%:■;

i

G.

W.

Ex¬

with the issu-

*23.3 5$'

—

to be

are

of the several underwriters and

names

Becker & Co., Inc___ 4,000
Central Republic Co. (Inc.) 4,000
Harris. Hall & Co. (Inc.)— 4,000

while in such employ) at any time in full and from time to time in
part, after the holder has completed a full year of continuous and
satisfactory employment with the company from Jon. 3, 1944, and
prior to the expiration of the option five; years from such date, pro-.
Vided that if the holder is prevented by death or physical incapacity
from completing such year of employment the option may be exercised
by him if he is incapacitated "or by his personal representative if he
lias died after the expiration of said period of'-one year from Jan. 3,
of

170,285

5.554,267

Period End. Nov. 3C—

•

$9,949,750,

.

1944,

railway

;railv/ay'__%_
railway
;

from

U,144,803 shs*

(Exclusive

-

Feb. -9/ 1945,

on

Smith, Barney & Co;_i— 6,000
Union Securities Corp.6,000
A.

change on that day I
Each option may be exercised while the holder
is in the employ of the company (or after a holder's death if he died

ance

129,639

5239.3-'0

$484,271.

■

From Jan.-1—<

-

*100,000 shs.

-

convertible preferred

Blyth & Co.; 'Inc.——6,000
Glore,- Forgan
-Co.-%_'c2u,'t. -6,000
Goldman, Sachs & Co
6.000

share

New Y"ork Stock

the

13,564

71,576

income—,

Canadian Pacific

.

proceeds,

redeem

%<%<
Shares
Harriman Ripley & Co., Inc._X2,OOo

Exchange has authorized the listing of 297,500
stock (no par) on official notice of issu¬

holder

the

227.198

Gross, from

follows:

common

1941

182,771

railway—2,051,152

from

.

of

1942

-

$518,228

245,713

1

,

100,000 shs.

......

estimated net

(a). $8,398,272

amounts

the exercise of options, making the total amount of common
stock applied for 1,954,308.shares.
On Jan. 3, 1944, the company issued to 163 of its administrative
and executive employees and officers options to subscribe to an aggre¬
gate of 299,500 shares of its common stock.
The options cover numbers
of shares varying from 300 to 58,440.
Each option is exercisable at
election

1943

$537,529

ifora

Net

1944, the par value of common stock was increased
to $15 per share.
By this change the aggregate
the common stock then outstanding was increased from

working' capital.

upon

the

Maine—Earnings—

1944.

.-

Canadian

-treasury.

of the* outstanding

all

ditional Common Stock—
The New

209.93^
*459,894

opdr.

November

.

share

per

Underwriters-—The

additional shares of

"334.455

*1,105,543

.

income,—
3,095,432
"Deficit.—V. 160. p. 2539.
: %:%.

together with funds, if any, not used for the redemption'of
such shares of convertible preferred stock as may have been-converted*
will go into the corporation's general treasury as an addition to current

,

1,844,638

1,919,400

*u94,508

*1,199,383'

2398-

railway—

from

from

Net

balance,

(Edward G.) Budd Manufacturing €o.—-Listing of Ad¬

ance

-

"Deficit.—V.

-

.

~

2,000,000 shs.

Purpose—The

are

•

*o.26^

1,593 000

*420.639

*1,022,763

railway—,

oper.

Net

150,000 shs.

———

series——-

shares, held

earned

^ahead. your
assets, and passed the dividend
our hope and belief that divi¬

is

resumed

2539.

p.

that

uncertanities

conserve

1944.

15,

rate

some

to

necessary

on

the

and

60.4 :■*

.

V

view

*313,652
*371,586

From Jan. 1—^

•

•' -

follows:

In

*81,709

Corp.,

petition.

not be

may

C204.68F5

"138,923-

1.701,700

—

railway.

oper.

Net

par value of
$11,448,030 to $17,172,045, an increase of $5,724,015, of which $4,907,312
was charged agAinst paid-in surplus and $816,702 was
charged against

they

as

hostilities. --Excess

of

-

1941

1942

$154,500

74,328

Canadian Pacific Lines in
•

Gross

of

used as
profits taxes are, at the rate of 95% for the
year 1944.
We are told that our production and products are excel¬
lent, but our profit is too high, and it has been demanded that we
reduce our
selling price even though- it be-now lower than com¬
asset,

tv'

$126,900

*19,474

income
"Deiicit.—V. 160. p.

Note—On Dec. 8,

from

usable as a current
collateral until after the cessation

profits

excess

($100

stock

"These

issued

$873,489

'$831,444.

paid

Post-war

railway—
income

•

"

1943

$154,700

-

>

Dividends

1944'

•-

railway

Jan., 1—
from railway

Net

Financing)

Authorized

.

-

Renegot'n

Renegot'n

790,408

From

dry goods field.
important part of

an

Present

'

Particulars—:

093,804

092,909

.

i

*

„

(Giving

After

Before

l.Tos.e^n

864, b52

533,708

oper.

Net

the renegotiation refund is shown

The net effect-of

1,674,774
502,511

1,922,593

689:868

1.676,/437

..

are

ment.

4^.0iq

2397.

p.

from
ry.

the ;corporation'
Wholesale

36,870

,

income—;

November—

the

in

46,585

61,596

.

■

160.

Gross from

to

part

■$l4u,75n'

60,003

601,464

railway-——

oper.

19-11

1942

$157,575

Canadian National Lines in New England—Earnings-

retail

merchandise

of

listing of $13,-*
1974, 3J/s%, which)

r

2i;609

.

57,851

from, rail way
ry,

■—V.

Brothers, merchandise lines;
In recent yesirs 'a sizable and
rapidly-groWing-Volunre has been developed in floor coverings.
Prepara¬
tions are well un'der way for expanding the corporation's merchandise
lines in home furnishings and major home appliances, but important
sales increases from -new items in such lines are not anticipated until
existing .war-time production restrictions on this type of merchandise

the Federal Govern¬

to

taxes,

Gross

4,500

business

acquired -the business
Since

;

Ccughlin, President, states:
'
•
Under renegotiation proceedings covering business for the year ended
Dec.
31. 1943, pursuant to the Renegotiation Act (Title VII of the
Revenue
Act
of
1943),
the
corporation has agreed with the War
Contracts Price
Adjustment Board to refund $1,910,000, less credit
Federal

through

the

1,

$i 12,012

\%%%.-

Net

,

L.

lor

distribution

Nov.

.1943

.

.$142,299

income—

oper.

Net

each""-serving a different group
approximately 2,200 Ben Franklin and
(representing slightly more than 50% of the'

?

Baltimore,' Md.;'. which

C.

ry.

From Jan. I—,

to

.wholesale/businessi;

fields

Sale

-.v

Briggs & Stratton Corp.—1943 Renegotiation—

Net

distribution, in which the corpo¬
ration and its. subsidiary operate, are both highly competitive and are
expected to .become increasingly so in the post-war period.
I: ;

$2,384,617 $28,121,414 $25,716,015

$2,628,462

,

railway—

from

broad

of

authorized

due

160, p. 2755.

1944

,

stores and dealers in metropolitan
areas; arid retail sales to consumers through 142 retail stores
of the
corporation's subsidiary, The Scott-Burr Stores Corp.
\

1944—11 Mos.—1943

2,141,243

2,348,859

_

retail ;st-ores

;

corporation's

^

.

distribution

series

Net .from railway-,—56,304

about 18.000 other retail stores (constituting the general wholesale part
of the business); sales of floor covering merchandise through specialty

$4,525,860 $53,279,919 $47,532,527

$4,977,321

oper.

expenses

United States currency)

in

1944—Month—-1943

national

Exchange has

bonds,

outstanding.—V.

November—

Gross

popular demand variety goods, dry goods
This business is diversified into the follow¬

contract sales

customeis:

Federated

Brazilian Traction, Light & Pow£r Co., Ltd.—Earns.—
Period End. Nov. 30—

general merchandise.

is

Stock

mortgage

and

Cambria & Indiana RR.—Earnings—
•V

ing four separate types, of distribution;

*

dividends shall be paid-upon

no

business

York

first

issued

are

.

the stock
of the company of; any class nor shall any -shares of stock of any
class be purchased by the company until all the series A, B, and C
.debentures shall have been fmly paid or retired.—-V. 157, p. 1419.
plan

New

500,030

1954,

and

Corporation's • principal
lines of * medium priced,

of

the rate

at

-

Net

and

note

or

Busiriessa-Company was founded as a partnership in
Boston. Mass., in 1877, by Edward B. Butler'and his two brothers.The business, was .incorporated
in Illinois June 7, 1887.
Principal
office
of corporation
is 'located
at Randolph
and
Canal
Streets;
Chicago 6, 111,
•

■

of

amount

-

History

interest.

debentures

fixed

become

C

debentures

B

accrued

for

The

L:stlng-%-Applieation •'will;be' made to list the preferred stock, 4Va%
Series, on the Ne(v York"and Chicago Stock Exchanges. %.%'■%%
'■ r':.

had

1943

1948,

%

general

of

.scries C
•

"

California Oregon Power Co.—Listing of Bonds—

on,or

1,

Butler Brothers,. Chicago, 111.
Registrars are Irving Trust Co., New
York, and Continental Illinois National Bank & Trust Co., Chicago. ;
'

at $187,303,

to $583,658 and

\ .w:-%%■;%.

%■

the

creditors, which aggregate $545,096 -and
unpaid interest of $216,235, the plan
cash •payment equal to 25% of face, amount of note

end

either

proposes

:-'%;

%

•

to

note

interest

.Ten-Year Corp. amounted to $502,381 and unpaid
while the note of the Three-Year Corp. amounted

paid

the

1943

Jan.

1947, based on consolidated
retirement through purchase or redemption, of 2%,
greatestv number of shares of cumulative preferred stock, 4'/a %
series, at. any time'outstanding;
Dividends are cumulative and are
payable quarterly on March i, June 1, Sept. l and Dec. 1 of each year,
The
initial dividend,- payable March 1,
1945, will amount to $0.65
per. share;
Transfer agents; are Guaranty Trust: Co., New York; ana

under the indenture must retire wichin three years.
To the Ten-ye.u: Noteholders Corp. and Tnree-Year,Noteholders Corp. ;
the plan proposes to issue series B debenture's for principal and series C
tor

bef ore yJart." l,

after

if redeemed after Jan. 1,

$104 a share

the

of

company

debentures

redeemed

ix

snare

a

net income,'for the

.

.

the

notice at $105 a share if redeemed

1951;

retirement fund for each year commencing

%■■-%
Tne company's note to -the Bow-Bilt Corp.,
on which interest has
been paid, amounts to $1,304,434, and the plan proposes payment of
$020,832 in cash 'and the balance in series A 4 % debentures, which
and series C,

732,000,

oil

1,

and $103 a share If redeemed
Jan. 1. 1954, payable with accrued and unpaid dividends to the
of
redemption.
Provision is made for a cumulative
annual

after

;

before Jani

or

and

2951

the creation of three series of . debentures,
amounts:
Series A; $506,750; series B, $1,-

contemp.ales
the

to

to

notes coming due on Aug. 17, 1945, which
than $3,800,000,. including interest, and to

na.s

the company

plan

limited

it

says

company

.

on

■

'

108

Monday, January 8, 1945

CHRONICLE

THE COMMERCIAL & FINANCIAL

■

•

cumulative preferred stock to be offered in exchange for an'equal
of outstanding $6 cumulative preferred shares.
exchange is part of the company's plan of recapitalization and

par)

The

plus a cash adjustment.
exchange will be offered pub¬

madf on a sha.re-for-share basis
shares not absorbed in the

will be

Any new

share.
dividend

per

company,

Feb/

of

1,

Aug.

the

in

$25,632

at

1945,

28,

due

bonds

noon

ref.

sum

160, p. 2755.

sink.ng fund.—V.

1944

1943

1942

income..

518.658

$4,841,871
1,508,418
913,966

$3,401,411

railway—._

$4,841,676
1,284,318
362,472

Net

ry.

oper.

Net

from

Net

ry.

—V.

Net

ry.

railway-

income..

oper.

160.

._

to

has

SEC

10,320,728

Net

from

Net

ry.

4,704,138

,p.

approved

conditionally

the

Ap¬
VvV'.

Corp.—Plan

Service

Public

•

plan

;

of the corporation

14,000 shares
$50,000 prom¬
Colonial Utilities at the amount
interest at rate of 4%.—V. 160,

from Vermont Utilities to

issory note

accrued

date of purchase plus

on

'

2755.

from

Net

from

Net

ry.

—V.

'

160.

income...
2398,

p.

$674,526

$706,562
226,340

Certain-teed Products

Federal taxes

profit

—V.

160,

p.

123,130

2,154,392

1,326,658

.Net

from

Net

ry.

Nov. 7, '43
$3,947,535
2,749,314
$1,198,221

$1,072,937

$0.75

$1.60

$1.28 v

.

: $339,933
118,880

102,253

46,281

income...

Ry.—Earnings—

1943

1944

$355,827

' 79,545

■

1942

v

1941

■

$331,558
141,751
69,738

$276*334
86,431
45,417

from

Net

from

Net

ry.

from

160.

1,475,115

railway

684,833

income

oper.

ry.

—V.

2398.

p.

3,959,589
1,502,700
716,916

4,211,391

railway.—

from

Gross

Net

3,583,684
1,462,051
800,714

3,103,319
1,227,552
730,602

#

Chicago Burlington & Quincy RR.—Earnings1942

1943

1944

November—

railway.... $21,130,865 $19,604,556 $16,464,263
7,598,509
Net from railway
9,037,921
8,647,186
4,126,178
Net ryl oper. income
2,430,528
1,093,729
-s
U
0, ■ ■'
-: •••; ■
From Jan. 1—
from

Gross

railway...

87,181,138

198.420,239
91,207,112

income

from

Net

ry.

24,955,681

36,171,403

220,591,627

railway

from

Net

oper.

160.

•

1941

$9,995,800
2.222,572

149,006,077 106,947,216
60,048,637
32,660,811
32,550,439
17,673,328

Net

I

from

A'

1343

1944

$2,789,189

$2,830,141

868,437

1,001,499

income

131,889

208,324

railway

oper.

ry.

;

railway—...

from

Gross

1942

$2,156,56G
817,173
383,257

1941

$1,583,890
334,086
52,100

From Jan. 1—

from

Net

ry.

—V.

160,

29,667,772

9,706,033

income

31,544,413

11,197,464

2,702,335

railway

oper.

3,521,563

21,523,867
7,109,435
3,337,811

4.436,140

November—

from

Net

from

Net

ry.

from

Net

from

Net

ry.

—'V.

:

$2,556,806

1943

1942

1941

$2,185,924
786.249
484,527

$1,755,679

782,094

914,386

252,224

income.;

railway...

income..

334,859

587,866

Ry>—Earnings

4942

1941

/.

-

27,812,134

23,080,872

19,571,663

8,435,910 ^10,718,953

-

8,185,970

6,730,812

2,885,969

2,102,965

2,726,007

27,814,826

from

Net

from

Net

ry.

1944

3,543,196

.

1943

1942

of

371,033

%'X 347.505

69,847

25,027,818
6,068,370- ' 7,674,372
3,302,301
4,600,408

21,423,122

18,286,484
4,034,299
1,457,359

.

>••697,464

24,940,381

the

*

.

.

from

Net

from

Net

ry.

$520,898

$482,840

$427,140

241,356

206,214

215,102

124,026

78,388

income

-ML

160;

84,655

88,744

106,157

6,449,582

5,791,236

5,578,246

4,876,189

2,570,025

2,416,696

2,277,054

1,955,502

892,382

railway

tinental

5,317,418

2,963,333

914,174

899,003

980,801

income

Board

and

flown

.

'

.

...

,

Chicago Indianapolis & Louisville Ry.—Earningsfrom

Net

from,

Net

ry.

1944

railway—

railway—

1943

1942

$1,000,347

$1,206,306

$1,041,653

$948,578

186,241

530,974

390,993

363.107

68,746

333,791

291,846

244,106

—

income

oper.

1941

From Jan. 1—

%

and

Houston

other cities

railway—__

12,429,012

12,071,994
4,608,427

10,594,368
3,511,138

9,844,288

4.018,794

Net

2,370,098

3,185,433

2,324,606

1,996,442

from

ry.

—V.

income—_

oper.

i..

.

,

•

.

Muncie,

Orleans

New

to

and Southwest.-

~ '

•

1944

V;

1943

.

375,777

35,195,364

33,461,110

14,018,329

railway..—.

:

15,845,158.

1,219,563

income

from, railway

Net

ry.

—V.

1G0,

P.

Chicago Milwaukee
November—
from

Net 'from

Net -ry.

Stl

3,436,033

Paul & Pacific RR.— ■Earnings

1944

railway....

railway.^

oper.

income

1943

1942

1941

$18,514,440 $19,508,371
5,469,279
7,340,742
5,026,433
2,861,544

$16 ,372,779

$11,369,041

,737,253

2,697,899

540,371

1,563,234

208,032,633 205.796,470
61.498,268
83,286,728

162, 962,527 127,113,731

from

from

Net

tv.

—-V.

income.-

railway

oper.

income

from

>.

.

.

$312,000

$1.17

$0.17

'

$0.89

:

\ '

1,293,989

1,372,366

2,240,251

>264,877

292,004

98,758

139,268

20,110

r

' '
1,517.485
281,629
106,849

.

railway———

income—.

.157,876

-

•

:.

55,333

$121,836
35,504
;■/

17,468

1966.

p.

Output—

Commonwealth Edison, group of companies,
excluding sales to other electric utilities, for the week ended Dec. 23.
•1944, showed a 11.8% increase over the corresponding period of 1943.
Following are the kilowatt-hour output totals of the past four weeks
and percentage comparisons with last year:
Electricity output of the

Dec.

^~V.

160.

Dec.

—

revenue

Gross,

20,618,634
-8,618,094

5,551,119

Divs.

—

8,865,748

:

2,214,778

2,127,003

26,422,815

22,549,629

3,687,193

4)729,425

55,128,347

58,590,010

3,348,897

3,360.534

40,640,313

43,286,844

——

1,220,185

1,389,185

15,982,131

16,496,566

—

976,813

11,120,601

11,721,918

205,456

1,666,714

2.351,458

,

stock

pfd.

of

894,852

deductions

Other

1944—12 Mos.-r-1943

17,597,537 211;080,511 200,008,288
7,380,574 /. 88,889,035
75.581,804

—

A subsidiaries

2399.

;

taxes—_

for

on

18,116,617,

—

_

income

Interest

4.5

+ 3.4

and

deprec.

amortization

Provision

3.0

+

199,516,000

% 1944—Month-*-1943

■

—

—

expenses

for

Prov.

+

399,358,000

& Southern Corp. (& Subs.)—Earns.

Period Ended Nov. 30-

Operating

4-11.8

203.690,000

2756.

p.

Commonwealth
•

% Change

187,964,000

210,138,000
16—J—— 209.898,00C
9
208,424.000
2_:>———— 206,377,000

23

Dec.

■

•1943

1.944

Week EndedDec.

X 1942 .-X.-. 1941
>
$3,046,166 $1,969,364
1,769,402
811,906
•
664,490 546.649
27,692,938
12,643,989

1941

6,867

1943

$119,168

6,690

railway

-

.3942
': $189,928
31,301
U 6,746

•i

..

income—

oper.

160.

Gross

Amend

Cities Service Co.- -SEC Permits Company to

-

181,377

—•

29,911.641

160, p. 2399,




52,108,975

57, 151,375
30, 925,868

1,052,482

*Net income

•

•

38,647,406

26,119,029

-

ii;870,865 -12,716,901

7;- 789,079

dividends on preferred stock

"Before

Contracts—

of parent corporation,

Weekly Output—

■

;

this-corporation adjusted to show

the

on Dec. 29 permitted the company- to amend its contract
governing the. filing of consolidated Federal income
profits tax returns in or^er, that a wholly owned subsidiary,.
Cities Service Refining Corp., may retain half of t.he sayings.aris¬

tory. served for

ing

from

SEC

subsidiaries

Code.

Street Buildings—

at 52 Wall
St. and the
City.
The
company already owns ;Sixty"Wall "Tower, the 67-story building, jqst '
across the street from new acquisition,
and now owns 1,500,000 square,
feet of office space in the downtown section of New York.—V.
160,'
p. 2644.
: ; vX
-.v';- ■v
Power

&

)

Light Co.—Accounting Ad¬

Service

justments Made in Simplification Plan of Cities
Group—

■

Securities

.

Cities

Service

•

Commission approved Dec. 29 account¬
which jurisdiction had been reserved when the
& Light Company's simplification plan was ap¬

Power

The adjustments include:
The donation by Cities Service

proved.

;
-

Co.

to

Cities Service Power

&

Light Co. of $20,000,000 par value of Cities Service Power & Light
Company's common stock and the creation of a like amount of addi¬
tional capital surplus on the books of Cities Service Power & Light Co.
(2)
The setting aside oh the books of Cities Service Power & Light
Co,
a

by

a

balance

sale

of

contained
losses on

charge to earned surplus account (which account
of $9,073,757 at;: &ug. 31, 1944) of a reserve for
investments*dp the amount of $35,000,000.
.

certain

T^e elimination of the resulting deficit in Cities Service Power
& Light Company's earned surplus account in the amount of $25,926,243 by a charge to capital surplus account, and the dating of the
earned surplus account from Aug. 31, 1944.—:V. 160, p. 2755.

November—
from

Net

from

Net

ry.

'

railway

oper.

income

^

$1,146,411
588,746

468,006

$954,934
-

Gross

from

Net

from

Net

ry.

—V.

railway
railway

oper.

160.

p.

income..:
2540.

5,638,535

2,665,528

expenses
Prov. - for
deprec,- and
amortization;
Operating

Provision

taxes.—

for

$1,041,096
489,823

deducts.

and other

pfd.

on

Amort.,

Balance

-V„ 160,

429,301
318,004

1941

1942

$916,923

$1,066,064
-

457,342
317,018

648,448

505,009

%

.

11,617,782 ,11,302,892
5.973,407
6,560,588

10,094.592

5,342,610

4,926,972

4,740,656

5,896,267

-

21,961,499

.

<

-9.63Q, 284
13,016,056

6,900,084
15,923,789

$1,057,353 $12,507,461 $12,511,119
420,065
-.5,)74,339 . 4,767,547
$637,288

$7,413,121
3;424,818

$7,743,571

285,388

$265,883

etc.

$351,899

$3,988,303

$4,253,475

stock,

3,424,818
65,278

•

—

p.

-

285,388

stock.—

pfd.

of

expenses,

'• '

567,289
1,474,494

$551,272

Net income
Divs.

1,935;739 -25,181,652

J

822,090
680,728

income

Gross

.

Int.

2540.

Cincinnati, O.—Christmas Bonus

corporation distributed more than MOO,000 in Christmas bonuses
to its 9,800 employees—in both manufacturing and broad¬
casting divisions—it was announced.
To all employees who had been continuously emp1o"oH bv the com¬
The

last

year

pany

13,086,088
v 6,875,740

$5,209,443

revenue

Gross

1944—Month—1943
1944—12 Mos.—1943
$5,034,878 $60,415,455 $57,296,492

Nov. 30—

Period End

(The) Crosley Corp.,
1943

1944

railway....

Power Co.—Earnings-

V Consumers

Clinchfield RR.—EarningsGross

Inc.—Output—

'
The company
on Jan.
3 announced that,.system output of elecr
tricity -(electricity generated and purchased) , for the week ended
Dec. 31, 1944, amounting to 186,700,000 kwh., compared with 219,400,000 kwh.* for the corresponding week of 1943, a decrease of 14.9%.
Local distribution of electricity amounted
to 174,900,000 kwh., com¬
pared with 208,700,000 kwh., for the corresponding week of last year,
a
decrease of 16.2%.'—V. 161, p. 5.

and Exchange

adjustments over

ing

V

of

general business conditions of terri¬

Consolidated Edison Co. of New York,

-

has

Service

Cities

output of electric energy of subsidiaries

the week «nded Dec. .28, 1944, amounted to 235,701,701
as compared
with 224,260,416 for the corresponding week in 1943, an
increase of 11,441,285 or 5.10% .-^V. 161, p. 5. -^

"" '

•

acquired the 32-story "office building
10-story building at 54 Wall St.,- New York

company

\\ The weekly kilowatt hour

the;Internal Revenue

special amortization' privileges under
.- ■"... ,V.
'. .....^

Purchases Wall

From Jan. 1—

From Jan. 1—
Gross

Net

$482,000

$380,000

;

.X

Commonwealth Edison Co.—Weekly

X

Ry.—Eaxpings

4,519,351

5,769,672

4,511;502

income.:

oper.

366,268 shrs. com.

on

2293

p.

from

—V.

:

railway

Net

$1,545,000 >1 $989,000
1,063,000
677,000

685,000 1

tax)—
——

shr.

oper.

ry.

Net ry.

routes.—V. 160, p. 2755.

$3,158,944
1,497,209
-.
596,387

$3,151,727

railway—.

from

Gross

of

Sept. 30,'44 Sept. 25/43 Sept. 26,'42
profs,

exc.

profit
160,

Net

Castle, Marion,

New

November—

oper.

>

issue

authorized

-•

Cincinnati New Orleans & Te^as Fac,

from

miles.
for a total

$1,065,000

(inch

From Jan. 1—*

/

ry.

charter

stock

profit

per

Gross

fo Indianapolis, and then over
Memphis, Little Rock, Shreveport
via Jackson from Memphis, and

post-war foreign, domestic and local service

from

approximately

capital

of

Net

Net

Fort Wayne,. Ind.; and Toledo,
Ohio. "It is expected that this service will be Inaugurated in the early
spring of this year.
TV A soon plans to inaugurate service between
Boston and Pittsburgh by the way of Albany and Williamsport.
C. & S. at the close of 1944 has on file with the Civil Aeronautics
Board a total of 13 new route applications covering over 23,000 miles

Gross

miles

13

Millstadt,

"

Chicago and Southern' was recently, granted a certificate to operate
Memphis to Detroit, by way of Paducah, Ky.; Evansville, Ind.;

of

a

1944
Gross from railway.—$141,880
Net from railway—.-A-23,370 *;

160, p. 2398.

Gross

-

is known as the Millstadt bTanch, extends from
point on the main line- of the Gulf, Mobile &
south of East St. Louis, 111., to the end of the

which

Junction,

Columbus & Greenville Ry.- —Earnings—

from

Anderson,

and operation by the

the purchase

branch line of railroad of the Gulf, Mobile & Ohio RR.,
St. Clair Counties, 111.
The Commission also granted
authority to issue not exceeding $25,000 of capital stock

a

November—

transcontinental

the South

in

737,009

and

taxes

—V.

Chicago and Southern Air Lines and Transcon-Air, Inc.
Under the agreement planes would
route-from New York, Philadel¬

by

Western

TWA's

on

authorized

30

Dec.

on

of

company's

Earn,

(3)

Net; from railway———

Gross

p.

Operating
Fed.

York to New Orleans and Houston by the way
Memphis, which would bring about Improved: fly¬

Pittsburgh,
and Harrisburg
and Southern's routes to

phia,

(1)

November—
Gross

389,221

547,313'.
219,889

income
2399.

13 Weeks Ended—

•

1944

of

year

Chicago

2398.

p.

253,105

69,636

Of this amount $5,000 has been
no
stock has yet been issued.
entire $25,000 of stock, $5,000
thereof to be sold to the subscribers to provide for present needs, and
the remainder to be sold to the stockholders, from time to time as re¬
quired.
'
,
~
>»

between

time

The

railway....

oper.

240,940

about
at

$25,000

Agreement to Interchange Equipment— ./ i. -.''
equipment interchange agreement which would provide through

Indianapolis and

be

From Jan. 1—
Gross

1,501,254

7.61
provides
(par $101.
subscribed
by
the organizers,
but
Authority is
granted to issue the

$2,117,029 $1,689,254
,553.?Q0 .-.•,,.-292,925

4 410,309

duririg

•

Aeronautics

1941

$563,581

railway

railway

oper.

1,669,613
722,016

$10i.
branch,

The

.

November—

Gross

35,595

1,622,211
616,599

1,551,473'

railway

ICC

Ohio

Chicago & Illinois Midland Ry.—Earnings—
<:

22,515

company

line

-

plane service from New

235,183

2398.

p.

-

<

Makes

The

railway

oper.

160,

22,345

Columbia Pictures Corp. (& Sub.)—Earnings—

corporation

The

From Jan. 1—

Gross

22,967

and excess

$2,770,860.

1944
-

railway..

oper.

j

2539.

levels.

war

with

-

railway.:

1943

-

1,748,481

Chicago Great Western Ry.—Earnings—
Gross

.Income...

Monroe

the

.

16,941,021

2755.

p.

$155,406
61,440

*

from railway—_

Gross
Net

in

From Jan. 1—

Chicago & Eastern Illinois RR.—Earnings—
November—

$151,661
59,694

railway—...

160.

!:

$2,314,237

income...

$140,637

48,627

oper.

company

Minnesota
the road,

$2,236,282
678,334

income....

1941

1942

1943

1944

$138,943

oper.

The

carried 2,490,924 pounds
of air mail as compared with 678,624 pounds-carried during 12 months
of 1941, the first year of World War II.
This was an increase of 261% ,
according to R. L. Heininger, General Traffic; Manager.-: Air express
increased 386%; the line carried 1,102,616 pounds of air express dur¬
ing the year as compared with 226,972 pounds carried in 1941.'
C. & S. carried 106,095 revenue passengers during 1944 as compared
with 62,125 passengers carried during the year of 1941.
This was an
increase of 70.78%.
The line operated for eight months of 1944 with
one-third less equipment than it had in 1941.In Octobprj;the Army
returned two planes to the company, -restoring its equipment to pre¬
This

Net

•

Net

1944

:

•

railway
railway—...

from

tpa-r

1,145,673

2644.

P.

2399.

p.

Millstadt

railway....;.-.
p.

Net

—V.

7.344,594
1,909,558
1.037,476

Columbia & Millstadt RR.—Purchase, Etc.—

be

Chicago & Southern Air Lines* Inc.—Record Year—

.

-

Gross

will

160, p. 2755.
!/'

railway...."

oper.

160.

and

From Jan. 1—

Net

9,623,910
3,425,343
2,480,414

from

—V.

Eastern cities and points in the South, Southwest,
Midwest and the Mississippi delta,- was filed on Dec; 27 with the Civil

,

3,050,102

From Jan. 1—
Gross

88,366,731
25,577.270
16,232,393

daily,

operating

train,

streamlined

t:

oper.

ry.

Gross

ing

railway...

oper.

ry.

Net

D.

railway.:..
railway..

from

—V.

—28 Weeks Ended—

$533,887

$0.55

railway....

from

Net

585,011

123,233,593
47,507,571
33,696,284

69,345,474
37,631,018

from

Gross

7.196,317

Nov. 7, '43 Nov. 12, *44
$1,805,895
$4,222,951
1,272,008
3,150,014

Charleston & .Western Carolina
November—

t

Gross

-

161,854,769

Dec. 29.—V.

on

12,966,393
5,032,561

2,705,904

from

1,372,401

2,858.164

November—

*

Corp.—Exchange of Stock—

$461,502

-

share—.
1523.

Gulf,. J.

5,523.895

income...

from

Net

1941

Rock Island's'Mid-Continent route from
Farrington, Chief'Executive Officer of.

the

over

the

to.

announced

15,644,700

railway..

Colorado & Wyoming Ry.—Earnings-

5,716,795
3,743,431

68,621,453
25,530,431

income

49,164

oper.

160.

Gross

1942

5,777,668

transcontinental

409,714

$7,634,168

174,797,117

railway....

oper.

Texas,

An

Net

Earnings per

—V.

From Jan. 1—

2,316,033
1,342,915

Nov. 12,'44
$1,961,516
-/
1,500,014

after charges

Net

100,445,382
27,305,131
16,055,076

14, when, the Rock Island Lines' "Twin Star
Rocket" makes .its first run between Minneapolis-St. Paul ;and Houston,

142,350

—12 Weeks Ended—

■A;-. Period—

ry.

placed in service, on Jan.

Net

Champion Paper & Fibre Co.—Earnings—
/X

from

Net ry.

railway..

new

Net

Dec.

on

ry.

A

205,353

29 announced that 16,525 shares of its
6 %
prior preference stock have been deposited under the offer of
exchange dated Nov. 24, 1944, leaving 32,116 shares of this class of
stock outstanding.
A total of 18,732 shares of prior preference stock
have been retired under a previous exchange offer made on July 17,
1944.
The two operations have reduced the outstanding shares of
this class by 52%.—V. 160, p. 2398.
corporation

The

Net

7,513,575
2.174,603
1,304,781

8,459,329

8,142,511
1,861,964
832,126

railway—:.-T

oper,

'

1943

Chicago St.. Paul Minneapolis & Omaha
•>' 1941

1942

■

.

railway

from

Gross

1—

from

384,530

The

$774,008
268,630
174,744

from

From Jan.

Net

296,759

from'railway....

Gross

Net

$14,553,515 $13,052,629

1,446,977

income...

oper.

140,459

income

November—

6,165,236

/

$687,171

493,020

.

1944

...

$1,094,035

606,717

oper.

Net

V

•'

1942

$1,411,398

612,724

' 1944

J- From Jan. 1— •'<;

'

-

$16,278,756

railway..-..

•'

1943

1944

railway..$771,091
from railway..:—' 275,319
ry. oper. income—
379,936

Net

'

2539.

ry.

From Jan. l—

Inc.—Earnings-

Central Vermont Ry.,

Net

'

railway

■

:

"

•

November—
Gross

1,930,069

from

39,690,684

purchase for $462,000 from Colonial Utilities Corp.,
capital stock of Vermont Utilities, Inc., together with

due

income...

from

Net

1941

$8,921,415
1,416,922
358,327

$12,129,130
4,724,341
4,071,251
4,229,270
2,428,612

1941

1943

railway..$1,719,265

from

Net

1942

1943

1944

4,446,630

p.

1628.

railway.-—..

November—
Gross

to Date

and Year

November

Chicago Rock Island & Pacific Ry.—Earnings-

:v

Vermont

Central

of

of

' .
Gross Irorn railway.... 153,740,015 150,168,323 125,957,757
Net f-rom railway
46,329,524
56,782,231
39,778,277
Net ry. oper. income...
21,728,041
36,977,522
23,168,693
—V. 160,

$16,000

.*$103,443

;

;

Colorado & Southern Ry.—Earnings-

approval.for

From Jan. 1—•

Gross

2755.

p.

proved—\
The

number

a

railway....:...

oper.

1943

31—1944

•

provision of $50,000 Federal income tax.—V. 160, p.

"After

Bank, Chicago, acting
been " accepted by the

railway.... $14,321,852 $13,650,437

from

Gross

.

and

subject to ICC

from

210,657

52,549,735
16,761,204
8,393,424

58,220,003
16,533,585
5,664,366

56,032,509
14,495,881
5,252,800

._

purcnase

First National
other banks, has

the

November—

railway...

from

Gross

itself

Net

417,819

From Jan. 1—

to

income

,

from

notes

1941

$4,900,299
1,289,259

railway__

from

from

proceeds

the

use
the

November—

165 Broadway, New York, N. Y., will until
receive bids for the sale to it of 1st mtge.
1949, to an amount sufficient to exhaust the

November—
Net

to

for

railroad,

Gross

Central RR. of New Jersey—Earnings—
Gross

bid

A

City Investing Co.—Earnings—
6 Months Ended Oct.

•■

Net

1%% a
28 D.esel locomotives for

$3,261,396.

about

Earnings

Ry.—Tenders Sought—

Central Pacific
bn

amend¬

and

year,

for

.

*

Company has requested the Interstate Commerce Commission
to sell $3,500,000 ox its promissoiy notes, bearing interest at

160, p. 2180.

ment.—V.

The

,

underwriters will be named in an

and

it

preferred shares at $110
,

rate

The

•

used to redeem $6

and proceeds will be

licly

$3,500,000 Notes
to allow

Chicago & North Western Ry.—Plans

number

roll

who

since anv date

on

pqvWn
p.

Dec.

joined

2182.

on

22,

the
Dec.

and who wwe on the pay¬
paid. To
employees
since July 1, 1944. and -.i- o
re on the
Christmas bonus of $12.50^"* paid.—V, 160,

prior to July 1, 1944,

1944, a $25 bonus was
companv

22, a

Detroit & Toledo Shore Line

Offering—A special of¬

Curtis Publishing: Co.—Special

fering of 3,200 shares of prior preferred stock (no par)
was made
on the
New York Stock Exchange Nov. 29

ry.

$301,926.

,$320,201

$384,747

131,221

.167,492

197,594

54,188

18,814

:! 25,744

41,446

3,920,768

3,767,161

3,783,411

Prom Jan,

Net

1,939,333

1,926,266

634,365

649,366

1,987,128
694,475

2,225,515
793,030

l—j.. '

raifwuy

from

Gross

:

railway

from

Net ry. oper.. income.-.—
—V.. 161, p. 5.

Sold Privately—Company
the Equitable Life As¬
surance Society;
The proceeds of this financing will be
used for working capital
requirements in additional
lines as supplies become available. Merrill Lynch, Pierce,
Stores, Inc.—Notes

JDejay

November—

transaction.—V.

161,

Delaware & Hudson

Gross

$3,733,868

$3,687,468

$2,750,108

888,412

597,890

1,164,4 *1

638,978

1,140,139

1,237,483

474,951

—V.

44,366,769

41,822,256

13,083,779

14,659,191

10,695,065

9,486,123

9,026,816

7.831,758

160, p.

8,081,431
-T-;;

income.—
2541.

ry.

Merger Agree-

;

'

properties.

will

payable

be

interest

on

out

of

securities

any

system

net

*

bonds

new

approval

stock

■■■

from

Net

ry.

50

both

..

$6,557,187
2,020,469

Income!!.

*

H.

Net

ry.

of

160.

of

74,746,102

66,171.674

5.624,438

10,034,468

10,409,347

-

the

$29

at

held..

share

M.

The

Jan. 1 for reasons of
1915.- -V. 160, p. 2009.

stockholders,

the

at

company

•

Delaware

Operating

9.287,383

earnings

1943

before

income

income

—'

:

Earnings per c'ass A

share

!_

—

' '

$1,409,243
•

254.579

Federal income taxes

—

Increase

taxes.

■

$0.80

(La.), Atlanta, Ga.—Traffic Up—Dec.

on

31

reported

its

traffic

passenger

do

Eastern, Gas & Fuel

the

1944 wi!l exceed the preceding total by 51% and represents a
4,080% increase over the year 1935. Passengers carried in 1944 totaled
174.750, as against 110,437 in 1943 and 5,772 in 1935.
: :: v ;
Delta
flew 65,838,063 revenue passfonger miles in 1944, a gain of

according to R. S. Webber,
General Traffic Manager.
Passengers carried in 1944 totaled 174,750,
compared with 110,437 in 1943, a 57.3%
increase.
:
Mail

Net

221,073

$310,090

..

$33,414-

include

not

.;

and excess profits

income

avail,

Balance

Net

from

Net

$15,742,488 $15,907,162
4,660,133
4,515,301

:

requirements—!^!!

div.

for

AVz %

575,020

ry.

Gross

Earned

—V.

dividends!.,

on

2756.'

p.

i.

-

preferred

share of 6%

per

160.

'

1

over the line increased 45%,
froth 236,055,752
lb3343,Y55,582'in 1944W. 161,: p. '5.V!!-■- /

,

1,108,729 !

Denver

Rio

&

railway-:—'

from

Net

from

Net

ry.

income—

Gross

from
ry.

—V.

2.035,163..

-

-

,$1,953,149
$5.22

-—

•

$1,721,558

$4.60

stock

1941

975,670

2.886,657

518,848

.

1,879,490

i

•<

! 272,216

Balance

64.217,795

64.274,386

48,867,576

28,328,607

Gross

26,506,355

20,699,898

6,324,634

Interest

12,672,527

15,201,473

16,220,055

3,733,081

rents,

?;

Denver & Salt Lake
November—

Gross

■

'

/'

from

Net

ry; oper.

•>

Ry.—Earnings1944

1943

1941

1942

$277,103

$254,025'

*58,954

103,242

*22,128

128,646

2.501,469

2,588.042

2.227,255

487,357

803,037

561,797

835,203

!" 616,415

1,070,372

798,709

$124,368'
•

Net

from

Net ry.

72,674

income-

3,093,18*3

income—--

oper.

and

from

from

Net

ry.

•■''!!1944

1941 !!

1942

1943

$93,444

railway——!

25,087

!
$82,744
50,161 Y, " 31,371

$75,618
5,554

$115,965

-

17,647

164

35,828

21,742

933,795

904,106

1,078,464

Net

from

Net

ry.

137.026

railway—.!.—

income-—

131,138

414,578

*35,479

306,534

75,537

American

week

Toledo

&

$78.613.

be

of
&

made

Ironton

1943

1

Dec.

28,

1944,

above

&

railwa^_c!U'.

J'-272,823

318,664

283,551-

252,356

'oper.v;iriiH>nie-_

jP0,C'l97,39j

198,419-

221,501

Net

ry.

.

"After

G^ss

|^^241,356

lrom

Net

from

Net

rv.

railway—
railway!---: ! uC 3,183.403
income—

oper.

-^-V.161,

-

3,567,563'

7,593,467
3,255,652-

3,912,176

2,238,745

1,904,088

•

' 1,889,706

8.064,351

4; 18 V,654'
2,667,822

do* not

The

from
ry.

Gross

The

shares

New

of

York Stock Exchange
common

pursuant to
certificate

railway-..:- ;- $3,04-3,843
railway-1,149,665

oper.

Net

stock

the terms of

of

(par
an

consolidation,

has authorized the listing of 1,049,685$5)

upon

official

agreement and

providing

for

act

the

of

notice

of

issuance

consolidation

merger

of

Doehler




income--

Die-

of

$1.82

common

sale

the

of

,!

•■•*.

?! '

'•'"•

$2,368,690

$2,707,798
667,202

481,103

income

and

!

and

1,868

IGOj

etc.,—V.

taxes,

,

O.—Registers with SEC—

tiled

has

shares

profits

excess

.

corporation

1944—9 Mos,—1943.!
$7,387,227
$7,713,826
1,689,604
l,883!?(f

1944—3 Mos.—1943

_!

charges

W.'

of

registration statement with
stock to be sold at $100

a

the SEC
a share.

common

Electric Co.—Buys
i'UC

•

;
■<

.

Ken-Rad Radio Tube jnh

■*•

a*

G/'Baker. Vice-President in'charge of*the electronics tie!

R.

has purchased the
radio tube manufacturing and plant facilities of the Ken-Rad Tube &
Lamp Corp. at Owensboro. Ky., and at Huntington and Rock Port, Ind.,
and will take ever, operation of Government-owned plants at Tell City,
partment.

Ind.,

Dec.

on

and

this company

that

announced

27

where Ken-Rad has been making tubes
■•%■!!!;■!;■,;
;
was
authorized by Ken-Rad stockholders
on
Dec. 20.
All units are engaged in war work.
The sale does not
include the electric lantp manufacturing business of Ken-Rad.
General Electric
took possession of
the property Jan. 2, and took
the

for

Bowling

Green, Ky.,

Government...

of

the

,

interests

tube

purchase orders and sales agreements outstanding as of that dato.

over

that

Carl

Nevin,

has announced

the G-E tube division,

of

manager

Hollatz, formerly Executive Vice-President cf Ken-Rad!
the new G-E operation, which will be known as the KenRad division of the electronics department-'.-of the General Electric Co.
J.

manage

in

the purchase of the Ken-Rad tube interests; involving primarily
receiving tubes. General Electric will enter the radio business

all

branches

1943

5.6

System

7,418

in

Shifts

4,095

4.3

any

com-

-

inputs

of

161, p: G.
•'

.)

XXptngs—

1941

$2;-7'l3,028
-I

637:977

$2,781,222

••

f

'

t,

$2,431,419

271,662

•

^122,578

152,568

*98,959
•

.

'

,

*194,700
-

'

p.

29,996,951

30,943,399

26,729,826

8;313,667

8,322,689

11,139,644

effective

1,803,545

2,645,061

the

Electric

General

!
Co.'s

and

employee

Jbaye

1,

Jan.

i

.

been

announced

by

Charles

BH
>:

f.:.

Spicer,-. formerly• the Vice-President responsible for apparatus
manufacturing, is now a member of the President's staff, wit,h head¬
quarters
also

in

York.

New

consultant

rows.

Labor

Relations

General

Electee's

in

is

He

the

of

charge of employee relations and *i>
William R. Bur¬
since 1927 and Chairman of

manufacturing matters;

general

on

Vice-President

a

company

retired Dec. 31.

Committee,

;l

*

operating committee was discontinued
Wilson announced, and Roy'C.' Mui-;
formerly a Vice-President of the executive staff, has relinquished h's
special duties to become general manager of the apparatus department!
the

at

close

Earl

O.

the

of

Shreve,

apparatus

Mr.

year.

Vice-President

and

Chairman

the

of

Apparat us-

Operating Committee, with responsibility for all apparatus sales, iioitrelinquished these duties to become a member of the President's stuff
in

charge of
in

the company's

Muir,

His headquarters
f

Vice-President

apparatus

organization,

President and
assistant

customer relations.

York.

New

C.

and

department,

effective

general

also
1:

Jan.

manager

of

the

V.

Erben.

w:

i

M3

Gep^ral

the)

several changes,!m
Commercial Viqg---

station divisions, has been namod-

manager of the central

general

announced
H.

of

manager

apparatus

department:

C.

H.

Lang,

Vice-President,

is. manager of sales; H. A. Winne, Vice-President, is
engineering; Neil Currie Jr. is. manager of manufacturing
Guy S. Hyatt, Assistant Comptroller, is in charge of accounting; dud
W. W. Jenkins, of the law department, is Counsel.—V. 161, p.
%!
*
manager of

10,807,990

3,311,820

" !:

■

D.

Electric!

;

1942

!"■

change in the management of its apparatus

a

President.

Wilson.

:: "*■•"■'

■■'%* ;'/■

responsibility for

department,-

be

<

v*

Changes Announced—

commercial relations and

8.0

94,704

90,609-

the

10,545

92,432

31,'861,958
-y

Net" ry.' opeiv income—-

160,

post-war,

Administrative

E.

1

:

1—

578,768

_

railway—x.

railway^-

■"Deficit.—V.

shares

from

resulting

facturing five-room hcuces and units for tourist cabins.

5,330,650

General Feods Corp.—Notice of Redemption-—

2401.

The»corporst:on on Dec. 27 announced that all
of $4.50 cumul. preferred stock have been

and

Casting Co. with and into W, B. Jarvis Co.,. which shall be the sur-viving corporation under the corporate name of Doehler-Jarvis Corp.—<
V. 160, p. 1734.
'
: ;
.
...
.
,

from

from

972,104

$$241,752

proceeds will be used to forward the company's business of many-*

the

From Jan,

p.

Doehler-Jarvis Corp.—Listing—

'

-—DecreaseAmount
%

176,635-187,180

1944

from

Net

119,304

the

gain

Genii Corp., Dayton,

the

;'!•. <;;;•%
1944

include

Elgin Joliet & Eastern Ry.November-*-

Net

1,365,758
§$358,147
$3.00

/;

$1.83

share_T!_—

tOn

the

L_

2071.

p.

R.

Gross

907,131

—-X—

income

"

•*

From Jan. 1—

-mc:v';:
-

—Thousands of Kilowatthours-—

Light Co—:!.!_%!!';•

figures

1396!!'vt.,!

p.

'

$*';/!!''!!'!'■

panies not appearing in both periods.-

182,868

from

$651,021

1942

$1,213,856

£$218,780

.

& Light' Corp.85,014

Power

146,

the System inputs of client oper¬

$648,700

$726,733

;

Ebasco Services Inc., which are subsidiaries of
Light Co., Electric Power & Light Corp. ,and
Light' Co., as compared -with the corresponding'

Operating Subsidiaries of—
Power & Light Co.^.„_^U!
Power

1943

$1,723,005

•

!■■■"••■■:■'!%.;'.

..

profit

"Net

Trust -Co.,,

-

<

-

,

Wisconsin

!•"!••:!-»vV! !.!'\! rv'-.v;

..

American

The
1941

1942

$713,481

Net

$857,950

Inc.—Weekly Input—•

!'!!'•

RR.-—Earn ings—-

1944

railway~r_ !*

from

$716,754

•

St., "Milwaukee,. Wis.—'V.

•

Gross

.

First

the

at

1943 were as follows:

during

National

Detroit

week ended

Power /&

National

Electric

—V, 160. pV. 2401.

November—'T!

-

will

•;!<!

Power

1944

•

and

income

taxes—

charges.

George W.

60,000-

735. North Water

companies

ating

162.292

61,712

•

profits

exclude

Gross

outstanding ref.. & 1st collat, mtge. 5 V2 % gold bonds,
been called for redemption on March 1, 1945, at 103'/a

Payment

the

.

railway—!!

oper.

804,021

753,320

income..—

oper.

750,337

Light & /Power Co.—Bonds Called—

Ebasco Services
For

:

$1,125,911

taxes

Canadian

With

-;i> r-

railway——

from

312,241

67,373

$58,166

the

■trustee,

From Jan. 1—

Gross

$2,034,218

362,574

69,893

have

int.

160, p. 24

November—-

$1,829,665

27,376

*

A,

935,166

(& Subs.)—Earnings-

•'! Period End. Sept. 30—

254i.

of

series

*

Gatineau Power Co.—Earnings—

radio

•!

Net

$173,362

72,116

Eastern Oregon

Detroit & Mackinac Ry;—EarningsGross

$200,175

income

All

!

railway—-

"Deficit.—V.

44,673

funded debt.

—v. *i6o.' P.

1,744,526

stock.
$The
Holtzer Cabot
Electric Co. and the post-war credit for refund of excess profits taxes.,
§No allowance has been made for any post-war credit for excess profits
taxes, and the earnings are subject to renegotiation.—V. 160, p. 2646.

for

Net

82,415

52,771

railway-

from

$1,989,545

39,639

64,908

$257,413

railway—

Prom Jan. 1—
Gress

$1,790,026

3,770

etc.

post-war readjustments __.!__f!T-

5.918,567

2402.

and

profits

will

635,783

railway..:--.:

from

Net

$169,592

Depreciation'.,

.

Prov.
"

569^05

3,321

inc._

9,878,996
4,523,219
3,331,352

7,210,694

3,674,581

profit

D'r;

$196,854

corporate
on

14,311,325

6.317,085

before

Sale

20.994,250

161, P. 5.

15,829,251

.

"'--401,406

Other income

income-—

120,534

2,795,256

terests—'"ro

'

$12,570,659
8,357,430 : 7,307,41b
2,845,769
3,273,698

787,374

-!r

420,952

income—

P.

"After

.

1944—11 Mosi—1943

-

railway—

oper.

RY.~Earmngs~^ *;"

$1,140,403 $12,993,225

$1,192,807

Taxes

537 990

.

393,123'

1

$3,119,173
-

160.

Net

1,108,729

208,579

Ry. oper.

;

1942

$5,729,687

873,360

,

>

Earnings---

1943

$5,620,493

railway—T—

from

Net

■!•

1944

$6,054,377

railway—,—

oper.

From Jan. 1—

Net

Grande Western RR.

!!vV

November—
Gross

189,260

361,061

'

railway—

oper;

The

1944—Month—1943

revenues-—r!expenses-!—:,

oper.

$598,451

550,507

:

Ea:st6rn Massachusetts Street
Period End. Nov. 30- !

Ry.

1942

$1,079,477

764.549

railway—.

from

1941

1943

$1,505,124

1944

income—.

oper.

General

miles for

pound

1943

!

669,640

Gamewell Co.

increase-6f 43.6%

press?

due

note

$1,716,881

railway

6 Months Ended Nov. 30—

$2,830,287

$3,061,878

prior preh stocksstock before State

pfd.

6%

2646.'

p.

From Jan. 1—

2,356,684

6%

$150,000 payment on
Utilities Land Co.,

$300,000

a

for

note

1

!•

1943

2,251,543
555,447

on

a

1932.

on

-

1944

-!

5,629,870

to

make
due

note

payment

forgive the unpaid balance of both notes.'
$400,000, due 1940, also would be for¬

would

income

would

$85,000

an

Power

160,

covering
taxes

miles-amounted to 2,058,543,29^ lor the year 1944, an
fever the 1,375,723434 in the previous year.
Air ex¬

pound

make

demand

from 'railway-—.

•!U'-i

Associates—Earnings—

5,213,487

avail,

income

Div.. requirements

Approval, to Reduce

-V-"/! vy-.:;,.:
Miami,

Co.,

income

November—
Gross

excess

expenses-

and

discount

-Seek

Fort Worth & Denver City Ry.—Earnings-

/; $507,266
197,176

$289,337

.

Interest
Debt

the total of 43,389,764 for 1943,

over

:

company.

6%-

given.—V.

1944—8 Mos.—1943

$510,410

depletion^.

and

15.347,362
9,455,238

wholly owned non-utility subs'.d'aries have asked
of a plan to reduce the subsidiary's indebtedness-

Water

Florida

utilities

Federal

year

51.7%

two

8%

would

—V.

25,312.

-

30-r~"'r

income

consolidated

Depreciation

for

and

$962,000

at

of

12 Months Ended Nov.
Total

corporation

11,845,701
5,575)142

*•

approval

from

operating expenses is .-due to low water conditions
using the steam plant.—'V. : 160, -p. -2645;
t!!

in

necessity

the

and

86,300

$1.05

1759.

159, p.

Delta Air Corp.

2542.

parent

ry.

143,932

108.007

——

the

Net

Co.,'Ltd.—Earnings—

$30,488

Note—Operating expenses
1944

—$1,617,163

983,150

29,786,520 "

.!

30,048;
:

392,309

29,116,659

income—

Consumers

Net

1944-.-Month—1943

•

10,302,653
2.555,103
1,294,894

SEC's

to

100/583rds

of

lias entered into an
Ohio, to purchase
shares not pur¬
which they are being

•!!_■!;IvtV-V:' * $60,536f'-.;"v $58,726

expenses

18,174,143
7,855,246
6,166,466

income—.

railway—:

tEarnings per-common

Rayon Co.—Earnings
-1;

the

estimated at $2,108,020, will be used for the post-war
plastics and chemicals-.—V. 160, p. 726.

earnings

Gross

$841,343
130,461
89,718

p.

only, all

price

same

stockholders..

ratio

the

$2,006,843
943,514
602,125

railway——

160.

1935.

Co.,. Cleveland,

Hanna

A.

ir.

1942

1,145,854

Debt—

Inc.—Registers with SEC

share

per

1943

$2,431,747

Florida Power & Light Co.-

A

2645.

p.

9 Months Ended Sept. 30—

The

retired

1941

1944

oper.

Miami,

company-since

Ry.—Earnings—

816,337

oper.

ry.

the

Treasurer,

105,890

.

$2,453,449

from

23,945

'■

the

East Kootenay Power

Net

—V.

320,360

Period End. Nov. 30—

16,199,930

income—:

1.532,053

i.483,998
127,133

268,652

109,199

railway—

from

"Profit

!

55,542,591

21,882,097

Net

each

Net proceeds,
development* of

341,922

23,196,285

1,399,200

•'705,749

account-for 'investment, purposes

its own

;

1,033,600

72,479,195

Net

for

with

share

a

agreement

$115,702

railway.——

Company

2.190,600

witn

stock

common

to> the

20,445,543

oper.

the

shares

$6,001,171- $4,900,264

ry.

-

has'filed a registration statement wtih the BEC lor
of common stock (par $5). -:"
'
company is granting to holders of its common stock of record
clos£<of business Dec*.-27. 1944; rights to subscribe to the 73.208

*

railway:.>—

7,279

company

The
at

...

railway..':!:.—

lrom

35.571

3,922
V it-X

2,822,500
:

Durez Plastics & Chemicals,

offered

1,027,236 V

'

•

31,459

73,208 ijjhares

105.

1941

-*n

39,096

'*2,339

:

^ 707,986

.

Assistant

been

had

He

The

.

<<6,515

•*';'"t :

'

Robertson.

B.

by

•

ii-

<-

$152,295

From Jan. 1—
Gross

—V.

ity Tont de Nemours & Co.—Retirement-

chased

1,471,737-7- 1,981,685
642,088

*

for

1942
-

i

health.

Prom Jan. 1—

from

'

(E. I.)

.

at

Net

$149,851

$156,900

"J

-

3,469

$9,722

1941

*'1942

$216,000

income_-:T?/ *37,506.;-

lailway—_

2,600

2401.

from

from

Net

1943

$166,300

railway—,—! -v.;'-

Date

to

$6,310,494

from •'riilwayX-.—-

must-get-approval

1943"

861,318

oper,

Net

—V.

'

•

Duluth Winnipeg & Pacific Ry.—Earnings-

line

leased

.

redeemable

it

Year

and
*

rail way XT-

be

yeais,

companies

1944

railway.iT—

lrom

Net

Gross

::'

irailway^-TTXii

76,000

381

$11,022

Florida East Coast

Net

from

76,000

6,333

511

November—

867,593

to

subordinated

other

of

.

for November

V.:-."-•« H

November—

in

mature

directors, of

Earnings

(

'

will

by

3.148,011G47.689

ry;. oper. income_!_
179,425
'•■Deficit.—V,.: 1.60, p. 2401. ' : '
'

iVV-'V'-T tV< T'V-V 'V'.TvTV*tT:V >V■'T '"!■ V! V'*

unpaid.

Gross

railway^.!-! '..3,975,642

-

earnings,

issued for

"•

<<-

160,

Net

877,033

from

195,171

6,333

income

Gross

'

Net

interest will be deferred and not accrue, whether earned
or
not, until such time as the amounts-equals one-half of Federal
income taxes to the date ot the merger assessed against the O. & S.
It
will
he
cumulative
up
to
the
amount of three years'
interest
The

90,120

From Jan. 1—

Contingent

After

20,259

1,167,477

Net

on any securities issued lor stock of New York
Western.;
However, it will share pro rata with contin¬

&

companies.

'V

89,848

3,917,001

Grcss

interest

contingent

Lackawanna

gent

71,524

oper.

18,052

230,895

V

declarea

106,096

income.—•

from

16,111

'

16,438

accruals

res.

p.

$322,217

41,178

1,324,976

fixed interest from Feb. 20. 1943. (when
and 2'/c
contingent interest.. Contingent

stopped)

payments

interest

$279,104

112,253

1,054,889
' TV:'

ry.

608

1941

1942

1943

$352,508

4,031,338

4%

The new bonds will bear

rental

1944

647,345

r-

-

$177,119

charge^

—V.

Atlantic Ry.—Earnings-

913,108

Net

will receive for each share C$50
in cash, phis $50 in new bonds of the
be securea by a first mortgage on„ the

stock now held, $18.50
L. & W,,
these bonds to
S.

Net

oper.

Net

'

ate:

upon

par)

&

Interest

97,509

lrom

Gross

Syracuse: stockholders

&

$214,784

$15,830
....

15,951,173

November—1944

Oswego

O.

Retirement

24,327,035

$361,764

from
ry.

•

and

■;p The principal points agreed

D.

35,869,655

8,091,460

railway.——

Gross

Net

its leased line, Oswego & Syracuse
RR. have reached accord on a plan of merger.
The agreement follows
similar understandings with other leased lines of the D. L. & W. and
is intended to settle present and future tax problems.
.

43,424,777
28,791,462

railway—-,

oper.

Net

ment—
Representatives of the read

206,595

17,866

8,776,688

income.._
—V. 160. p. 2401. '

Delaware Lackawanna & Western RR.

:

178,388

Balance

41,013,779
23,620,190

railway.—.

lrom

from

Prom Jan. 1—.

46,614,759

railwav.'

oper.

91,547

14,366

3,667

2401,

p.

Net

railway_tr:—*'!l 1,994,928

from
ry.

105,500

$14,199

11,693,675.

40,343,082

income—

November—
Gross

31.190.490

lrom

Net
Net

160.

Net

Prom Jan. 1—
Gross

9,093

revenues—!

Net oper.

1941

690,369

726,132

11,582

T—^..U!

Diviaenas
1942

>■

$1,224,803

60,630

15,609

21,600,563

railway...:

railway—

oper.

$1,183,403
708,145

$99,919

Non-oper. income, net__

.

Duluth South Shore &

1943

,

income.:

cper.

ry.

from
ry.

—V.

$4,014,293

railway——

Net
Net

1944

railway.—

from

from

Net

from

Gross

1

$3,792,513
2,469,772
1,684,351

1944—12 Mos.—1943

1944—Month—1943

$103,867

...

Taxes

1941

1942

!'■

Prom Jan. 1—

RR.—Earnings-

November—

Net

'

1943

■

Maintenance

from

Gross

for the company in the

5.

p.

1944

Ry.—Earnings-

railway-.— !-! $2,199,541 ' $3,570,231- $4,054,175
Net from railway——:
728,141 • . 1,526,814 i; 2,437,806
: 380,379
Net ry, oper. income.
531,118
1,067,249

has sold $500,000 10-year notes to

Fenner & Beane acted as agents

1

62,476

revenues

Operation:

Duluth Missabe & Iron Range
;

Fall River Gas Works Co,—Income Statement—
Period End. Nov. 30—

Operating

allotment, 15 the smallest.—V. 160, p. 1966.

the largest

at $30% per share, with a commission of 65 cents. The
stock, offered by Lehman Brothers, was sold in the
elapsed time of 43 minutes.
There were 48 purchases
by 30 firms; 400 was the largest trade, 10 the smallest.
—V. '160, p. 1967.
" ;:V;' *\\ ' : .■ /

3.978,336

•

Income.-.

oper,

1941

1942

V-'

150,758

railway_^___

from

Net

1943

$323,108'

railway-^^

from

Gross
Net

$59% per share with a commission of $L The stock,
offered by Baker, Weeks & Harden, was oversubscribed,
in the elapsed time of 15 minutes.
Bids were received
for 4,042 shares and allotments were made on a basis
of 79.2%. There were 42 purchases by 14 firms; 1,555 was

RR.—Earnings-

1944

November—

at

109

& FINANCIAL CHRONICLE

THE COMMERCIAL

Number 4349

161

Volume

Federated Department Stores,

Inc.—Special Offering—
A special offering of 4,340 shares of. common, stock, (po
par) was made on the New York Stock Exchange Jan. 3

shares
tion

on

Jan.

31,

at

the-Central

N.

Y.—V.

1C0,

of the outstanding
for;-redemn--

called

and dividends.
Payment wilhbe made
Hanover-Bank* &'Trust Co., 70 Broadway, New,York,'
next! at

p.

2757.

107lk

;

f:,

..

.

'

'.J

'

>

"r't

'

•;

.

*

.

1,

\

.

.

'

"

-t

:

\

.'

v

.

'

■

■

'

..

i

-.

■

.

■.

i

■

■

\

*

■■.'"*

••...;■• v: ■' •'
■ i
■;

THE COMMERCIAL

110

Novembei—

Net

Motor

handle

Net

own engineering, dis¬
departments, the need of Diesel engines for
essential marine uses.
'
Since the establishment in 1938 of the Detroit Diesel Engine Divi¬
sions of General Motors Corp., that portion of the plant s output sup¬
plied to the marine field was adapted and merchandised by Gray
is now

Division

352,234

income...

open

from

Net

160;

income—
2647.

p.

551,834

!

■

.

On

payable in capital stock at the rate of 5/100

stock

on

1.945, or
at the

of business

close

Jan.

on

1945.

15,

.

-/,V:

54,572 shares there will be transferred on the
corporation from earned surplus to capital stock $32.2168

the issue of

Against

the

books of

.share,

per

-

-

!"
declaring a divi*
of a share of capital
each-share of outstanding capital stock, issuable, oil Jan. 29»
as soon thereafter as practicable, to the stockholders of record

shares of capital stock.
Nov. 14, 1944, the directors adopted resolutions

dend

309,061

.

dividend,

stock

a

stock (no par) on official notice of
making the total amount applied for

its- capital

of

shares

as

,

1,146,015

DY.
34,721,126" 30,186,248
21,608,459
13,111,792
11,532,563 ' '' 7,290,848
4,546,832
4,999,206! 3,526,548

34,584,965
11,000,686
4,256,474

railway

oper.

ry.

—V,

issuance

1941
$2,064,459
686,012

\.V'--'!

1—
railway—y

from

Gross
Net

maintenance

and

tribution

ry.

From January

.

Detroit Diesel Engine

President, announces that the
set up to meet directly, with its

Wiison,

E.

'

19421'; '

$3,186,529
1,241,284

$3,101,486
1,008,783
391,020-

$3,166,250'
976,870

railway.—.

from

additional

•','

;'':v! >--y

H

1943

1944

•

railway..—

from

Gross

relationship between General Motors and Gray Marine
Co. Expired "Dec. 31, 1944, and henceforth General • Motors will
distribution of its products in the marine field. ^

business

The

'

Gulf Mobile & Ohio RR.—Earnings.—

-

Field—-

lJroducts in Marine

C.

Distribution of Its

Corp.—To Handle

General Motors

•

Monday, January 8, 1945

FINANCIAL CHRONICLE

&

160, p. 2185.;

totaling $1,758,135.—V.

■

•

>

,

Co.

Motor

Marine

•

Gulf Power Co.—Earnings—

;
>3

of diesel power, as well as replacements with
-modern d'eeel power,• call for complete engineering,
installation and
maintenance service to marine architects, ship builders and operators.
Detroit Diesel Division is organized to provide this service.—V. 161, p. 7'.
New

marine applications

$363,846

revenue—/!!

Operating

depr. & amort.'

Provision

for

taxes.—y

Net

from

Net

ry.

from

Gross

Corp.—Trustee Appointed—
^
Co. of New York has been appointed trustee,
registrar and paying agent under the corporation's indenture dated
Dec. 1, 1944. authorizing* the issuance of $5,000,000- principal
amount
ox
15-year 3D sinking fund debentures, due Dec. 1, 1959,
See offer¬
General Shoe

:

160, p. 2757.

ing in V.

Net

and

Corporate

—v.

November—

$2,189,898

revenue.

$196,470

163,194

155,766

1,834,069

1,478,322

Net

from

4,722

4,722

51.942

51,833

Net

ry.

oper.

Creg.i

,-! 27,390

2,911

—-x.—

2,890

2,713

(net bal.i.
rents
met

Dr9,386

Dr9,307

Br95,110

$377;il6 yi $357,539

;

:—...—

Drl,992

JDrl,987

£)r22,390

1—

'

2,596,445
648,365'

railway....

1941

'

$119,108

*41,261
1,540,229
326.373

12,036

8,673

$12,322

$131,145

1,052
;

income

.$12,203

—

1945.

$224,787

/

of

Pine

30

rev.

avail,

r.

793,430

95,524

19.560,576

,760,426

6,807.802

,685.811

4,974,220

,215,765

/

Railways of Central America—Earnings
$546,534

$6,827,493

$6,589,280

opers.-'!.

122.026

215.288-

2,637.823

2,936,011'

113.910

182.377

2,099,100

2.356,276

72,114

120,751

1,553,653

1,613,777

chgs.

income

160,

—

Telephone

-

-

Associated Press dispatches from Madrid, Spain, on
to the above corporat.on $5,000,000 from earnings
American
concern's Spanish subsidiary, which operates the

According

to

transferred

3,

that

of

Telegraph Corp.—To Re¬

&

From Spain—

ceive $5,000,000
Jan.

$565,434

2647.

p.

International

-

1944—11 Mos.—1943

1944—Month—1943

revenues!

ry,

fcr fxd.

system in that country.

telephone

11

still short of balancing the company's earn¬
established in Spam, was seen as one more in¬
dication that country is trying to defend her credit standing with the
United States, the dispatches added.—V. 161, p. 8.

while

payment,

it first

ings since

has elected, through the

that it

holders

977,017

224,261

2404.

p.

Net

This

Redemption—,"-•-

Hecht Co.—Partial
is-notifying

5,831

'

:

-

t

1941

$1 ,245,118

was

of

called

certificates

The

office

4,726

4,655

323

313

Deductions from income

;

p.' 2757.

160,

the sinking fund, to redeem 3,800 shares-of its 4&:.#//•
cumulative, preferred stock on Jan. 31, 1945, at par y$100), together
with dividends accrued from Oct. 31,
1944, to and including Jan. 31,

$216,109

1,077

246,580

income...

company

operation

'

Gross

railway

oper.

♦Deficit.—V,

The

$11,245

$11,154 '!

income.!

JS(on-operating

25,328

•

(The)

income

oper.

ry.

32;347

!

8,543,746
3,164,893

income."..

Railway oper.

—V.

$117,862
*10,336

7 '
2,358,164.-/ 2,271.596 /
277,128
694,249
* 110,962 ■ ' 331,946

*

Dr21,846

balance)

i

160,

Net

1942

.

1S42

$2,226,645

27,115,106
10,200,213
3,838,492

28,176,769

railway

railway

oper.

International

>

.

income—

Period End. Nov. 30—

Dr o5,413

IfCquip. rents
jo-nt fac.l.

from

Net ry.
•

1938

from

Gross
Net

Ry. tax accr.- (Fed. RR. I
Unempl. Insur. Act of

Net

■

34,931

3,131

*Tax.ng Act of 1937i-

,

income...

From January

(Fed. RR.t.

Ry. fax accr.

ry,

$245,341 77 $250,847 .!
87,843
73,145.
56,131
' " 38,589

$173,990
624,996
g "59,865

railway

oper..

1943

1944

,

railway.—

from

Gross

$1,886,246

Railway oper. expenses.

Ht.lway tax accr.

5,513

$26,276

1.
$30,321
2543.' -N-y y '!>>
ly *

160, p.

$188,652

ft til way

from

Net

'$443.272 ' "'$423,695
.66,156 ,
66,156

Gulf & Ship Island RR.—Earnings—

y

1944—11 Mos.—1943

1944-Month—1943

'Period End. Nov. 20—

Net

171,875

Inc.

Ry.)

Northern

'••$595,570

.

$31,789 "

5,513

stock

pfd.

on

Balance

y

Receivers-—Combined

St'atesboro

(Including

14,066. i

$35,834

income

Dividends

-

RR.—Earnings-

Georgia & Florida

6-.G39

—V.

.

•

fc' $567/975.
,124.703

$45,856

$42,474

deductions

&c.,

! ; V'

-. ■; •

.

income.......

Gross

Interest

Trust

Guaranty

railway

oper.

1943

'1

$2,578,534
798,527
:
289,502

!

From January 1—

'

The

railway.

from

$2,732,539
976.809
347,831

1944

November—
Gross

-1,857,212
265,000
985,898

215,449
2,303,436
26,750 -Su 290,750
63,894..
1,120,463

225,015
24,COO
72,356

expenses—_

for

Pro v.

•
1944—12 Mos.—1943
$4,282,025
$3,703,681

1944—Month—1943
$351,950

Period End. Nov. 30—

Gross

-Earnings-

International Great Northern RR.-

agent,

sinking fund and redemption
N. Y.—V. 160, p. 1295.
- '
♦
•

York,

New

at the

Sachs & Co.,

Goldman,
St..

redemption will "be: redeemed,

for

.

,

Service,

Public

Jamaica

Ltd.

Subs.)- -Earnings-"-

(&

1944- -12 Mos.—1943

1944—Month—1943

Period End. Oct. 31-

$1,362,858

revenues-

$123,451

$119,865

$1,522 451

1

Operating

59.683

56.540

722.770

18 233

13,460

174.861

173,961

4,916

10,129

139 053

80.930

8,333

8.333

100,000

98.333

$32,235

$31,401

$385,706

$348,345

Drl,495

1,527

Prll,938

$30,739

$32,928

$373,827

Operation
Maintenance

—

■:

i! 661,287

'

$126,450

$11,994

$1.1,893

Surplus applic. to int.

1943

$36,300

$39,375

revenues —„

161.

1944

$2,307,573

$2,007,548

.

Operating
V.

This

1943

1944

Period—

Jan.

effective

company,

Hilton-Davis

of

shares

for

of

shax'e

one

—

Retir.

.

^—

accruals-

res.

the Hilton Davis Chemical

became

2,

Company Division of Sterling Drug, Inc.
The transaction involved an exchange of

!!/

7.

p.

Taxes

Hilfcon-Davis Chemical Co.—Acquired—

—Jan. 1 to Dec. 21—

Week End. Dec 21

'i;

'

$220,031

Utility

stock 011 the basis of 3'/4
Sterling, or approximately

income.

oper.

(net)

income

Other

'

shares of Sterling.—V, 160,

45,000

2,343,848
468,167

taxes!.!.-

for

income

Gross

894,718
$667,403

$757,929

— --—

$47,199,503
18,486,533

Non-operating

$9,908,723

$8,781,639

jnt. and other deduct.'-

299,955

322,377

3,644,251

3,797,664

income.——'—

$457,974

$345,026

$5,137,449

$6,111,059

2,676,064

2,676,064

Net

Dividends

223,005

223,005

pfd. stock

on

J,

Net

ry.

from

—V.

407,061

207,465

265,983

207,217

367,086

185,026

—

income!.!
' '

9,510,271
3,181,962

incomes
2402,

p.

9,965,327

-8,226,410

4,971,380

4,110,349

3,655,817

1,484.586

2,776,901 ;

railway—

3,546,502

3.260,681

1,302,279

Net.

railway

Net

ry.

Net

rv.

—V.

26,035

'

,

3,281,418

4,666,844
1,856,794

3,300,007

1,024,345

856,170

470,789

6,754,163

648,281

income./!

oper,

160,

43,527

6.018,570
2,206.537

.

railway

from

Net

59,962

63,-Ml

144,546

62,040

:D

1941

■

railway—

from

214,722

income...

oper.

From Jan. 1—r
Gross

194,864

•

-

995,123

Graham-Paige Motors Corp.—Completes Power

•

on

The

Diesel

power

.

destinations.

Net

Net

ry.

.

.

'

y

company' is also
for shipbbard • use, from salt-water to. fresh-water cooling by
addition
of radiators and
fans, and changing them from 60-cycle
to-bO-cycle output to conform with most Continental power systems,
it "'as explained. : '
■"
,■;/ '•■!•
■
Transported on trailers of the tank-recovery type, the complete units
The

.

33 Va tons can be quickly hauled into position by
in tandem.
They will serve as emergency "stop¬
gaps." cutting in on existing power lines to produce cftrrent for water

illumination

of

of

—V.

From

Gross
Net

oper.

'

ry.

—V.

income

yy

$2,359,000

Net

from railway—...

Net

ry.

income...

From January

-

from

Gross

10,649,354 G 9,045,487
4,050,661
1,311,789
1,420,439
!,
.

Indiana Harbor Belt RR.—November

Net

882,566

1,049,708
886,153

454,395.

27,906,000

ry.

8,634,460

income—.

4,930,845

5,957,107

5,408,831

5,796,434

2402.

p.

25-t-'

1244—3 Mos.—194.3

all

share...

taxes,

.

1944—9 Mos.—1943

$142,325
•
$0.04

$164,900
$0.74

depreciation,

etc.

1944

November—
Net

tEased

$410,627
$1.84
on

■

222,738

shares

1943

1942

7,215,551

2,020.111

251,298

4,000,553

1,005,859

191,699,459

181.155,018

70,122,969

70,536,621

28,736,275

25,674,588

ry.

railway!
p.

$647,363

$1,169,379

3,081

36,669

34,062

Other

income./.
2402.




150,785.692 115,372,012

65,040,497
35,830,36G

7-

1942

1941

1943
$350,492

$336,879

$212,598

163,767

189,940

119,676

91,855

96,407

94,118

57,848

3,878.555

3,680,609

2,891,113

2,285,147

1,557,759

1.266,944

722,132

751.810

1944

-

income—

/

;■•:;

919,278

income.!.

'

'

"

2404.

p.

1,716,090
796,873

2,104,196

railway.—.!

oper.

'

.

,

■

,

& Ishpemiiig RR.—Earnings

Lake Superior
from

from

Net

Net ry.

42,448

41,654

$14,95G

charges....

160,

p.

>$55,409

1941

$386,276

174.386

255,054

30,876

income...

16,709

129,038

160,976

3,458,124
1,964 315
956,753

3,545,930

from
ry.

—V.

railway..__

1.432,383

1,429,823

780,521

oper.

160,

2,913,922

2,910.522

railway...!—
income...
p. 2404.

from

Net
Net

,

.

.

826,681

2,223,145

1,143,632

Lehigh & Hudson River Ry.—Earnings
railway

from

Gross
Net

from
ry.

income..!

$258,655

61,863

101,430

75.233

16,398

40,875

46,023

Net

from

Net

ry.

3,127.368

2,043,761

2,878,035

2.810,801

.956,052

1,055,415

income...

238,994

266,579

—V.

oper,

160,

$190,217

■

railway..!.

railway..—_

Gross from

1941

$210,459

16,664

.

railway..—- v

oper.

1942

1943

1944
$204,373
46,647

November—

1,444,708

824,636'

411,594

.

370,155,

2404.

p.

Lehigh & New England RR.—Earningsfrom

from

Net

ry.

1242 > :

1943

1944

November—
Gross

1941

$490,443

$420,375

—1

143,792

55,301

139,423

132.125

income...

83,314

42,294

101,103

82,286

1—
railway.!!.

5,828,733

5,555,414

4,878,305

2.011,991

1,982,097

1,207,764

1,206,737

5.671,919
2.202 554
1,317,055

!.

railway

railway

oper.

$335,285

$468,910-

!

462,477/'

461,392

Gross

from

$148,217

$673,925

1942
$3,077,532

1941
$2,999,739

Net

from
ry.

160,'

—V.

railway——'

income/..

oper.

2,004,624
1,307,803

2404.

p.

2403. J.

1943
$3,243,258.

1944

$3,445,473

income.—

/

$165,457
33.231

$309,681

47,488

$160,237

-railway!..!

railway

oper.

1942

1943

1944

November—
Gross

From January

Lehigh Valley RR.—Earnings—
Gross

from

.

1,130,668

1,021,014

939,842

,1,160,599

1,032,625

1,015.904

858,403

$1,079,965 v $1,040,613

504,875

$1,145*749

—

charges504,875

deductions—•,79,472

.

504.875

48,306

75,350

$1,201,495
504,875
68.385

$526,783

$460,383

$628,235

Net

from

Net

1,139,125

ry.

1944

1943

1242

1941

$7,585,580

$7,356,531
2,136,499
8G2.898

$7.563,475

$4935.991

3.098,353

1,300,166

1,552,751

November—

avail,

A

semi-annual

declared

on

of

record

on

Aug. 31,

$561,402

divs—

for

2403.

1,561,340

522,513,

90 287.411'

83,760,207

71,'222,961

51,922.469

25,176,812

27,993,877

12.213.G97

25,557,580
11,631,535

16,877,544

12,248,438

•

railway.

1,398,013

railway..„

oper.; income

From January 1—
Gross

from

Net

from

Net

ry.

—V.

railway-

railway-

oper.

160,

p.

income
2404.

...

...

...

Securities, Lid.—Distribution No.

distribution

(No.

2)

31.

initial

An

last.—V. 160,

2—

cents per share has been
payable Feb. 28 to holders
of like amount was made

of 37 Vsi

the Stock & Boxjd Group Shares,

Jan.

44.011,003
26,716,921

distribution

p. 2647.

Ad¬

ditional Capital Stock—
New

York

Stock

Exchunge has

This:

authorized

the listing

of 54,572

■/'■;!!.:;/•/;'

company,

through

v/;!:
its

local

Lockwood,v has filed with the Zoning

9i621,195.

Construction of New
!"

attorneys, Munder, Weissman &
Board of Appeals of the Town of,

N. Y., an application for necessary permits
covering the construction of a new electric generating station to be
located
on
the
former Honeyman
estate, north of 'Csnterport on

Huntington,

Long Jsland.

Harbor, Long Island,
The company states that in accord¬
the policy that has been followed since the foundation of
it is keeping its electric facilities adequate for the total
requirements of the territory served and in anticipation of the fur¬
ther
development and growth of Long Island, it now proposes to
Northport

International Business Machines Corp.—-Listing of

The

Long Island Lighting Co.—Plans
Plant—

.

railway.—

oper,

.

/

ma'nt. & retire.
depreciation.—'—

Interest

1941

4,693,835

January 1—

.

*$10,674

$61,008-

...

Institutional
,

$15,311,875 $10,192,940

1.893.0S9

V. 160,

1,238,757
$1,101,167
63,212

2,247

revenues.-

Bal.

5,474,654

Net

Earnings—

Indianapolis Water Co.—Earnings—
Gross

Gulf Ry.—Earnings-

$360,825
207,598

'V

From January 1—

$601,925
45,438

12 Mos. End. Nov. 30—

.

from.; railway
—
ry. oper. income...

from

3,794,001

of

$17,303,603

Gross, from

6,442,643

4,975,448

railway.!!!

from

Net

"$16,450
5,776

3,604

"Deficit.—V.

.

$16,439,251

Net

17,368,623-

12.559,935

4,839,300

railway.-.

1G0.

1,450,176

income

Net

$380 790
$1.7,1;

railway.—-

From

30.999,632

16,228,069

■:

944,984

—

income

—V; 160, p.

Net

1,445,378

977.064

$58,761

411 Fed, and-local taxes

Co.—Quarterly Earnings—

Great Northern Ry.—Earnings—

■

Gross

Net

Oper.,

—,

per

from

1,650„569

11,525,654

income

oper.

fixed

Net

27,957,745

7.911,536

capital stock outstanding.—V. 160, p. 2646.

Gross

2,532,070.

12,383,367

income

■

■

9.286,949

profit

-'After

•

oper.

Net

667.833

521,762

31,966,000

Period End. Nov.

.

6,436,207'

3,679,250

1,080,927
1,175,127
63,458 -' ;
72,704
70,502
103,133

facil,: rents

Other income

•

7.584.S71

{Earnings

8,151,497

$1,273,648

revenues

Railway oper. expenses.
Railway tax accruals..

Equip. & jt.

39,904,101

5,829,633

railway—!^.

from

Gross

1941
$593,832
381,132'f ; 160,723
180,158
87,976*

1944—Month—1943
1944—11 Mos.—1943
$1,334,514 $14,907 340 $15,315,754

Period End. Nov. 30—
ooer.

1942*

$765,332'

'

1—

raaway

Net ry. oper, income—
—V. 160, p. 2403.

Railway

40,866,310
16,804,465

From January 1—

$2,535,433

.32,669,000

railway-.—'

Grand Union
•

124,250

'

railway—4,794,398

from,

Net

or

'Net

1943
$886,255
415,043

114,055

Total

1941

$2,680,000

railway...—

oper.

160,

.

.

.

Co.—Earnings—

1944
$932,576
385,077

7

railway

oper.

!! 264,600

.

From Jan. 1—

—V.

the

November—

January 1—

from

from

•

Peoria & Pekin Union Ry., and director of the
Georgia Ry. and the Terminal RR. Association of St. Louis.;
of

from

168,271

1943

President

Beven,

until

1942

$3,055,000
889,982
598,209

railway.—_
railway——..

from

ry.

'

.

161, p. 8.

Total

'1943

1944

November—
from

23,647,432

29,567,155

22,483,585

of this road, died at Clinton, 111., on
Jan. 3
at the age of 58.
He was al,so, President of the Chicago &
Western Illinois
RR., Chairman of the board of the Madison Coal
Central

308,621

Kansas Oklahoma &

from

and

736,859

income,,,
9.
•

November—
Gross

rv.

Corp.

.612,355

,,

railway."——-

161, p.

Net

L.

1941

$1,792,490

686,927

oper.

Net

John

1942

$3,228,596

1,341,913

•

railway,—, :

from

18,789,854

income..'.

oper.

ry.

President Dies—-

Miscell. deuuctions from

Net

ry.

from

Net

S1.80O

44,756

$3,738,267

to

up

Grant! Trunk Western IIR.- -Earnings—

Net

from

Net

ry.

working

supply, sewage disposal and a small amount
regular facilities can be restored.—V. 161, p. 7.

Gross

ry. oper. income,—

From January 1— / /

Net

'

weighing

from

Net

Net

!!>!/'!

•

railway-,,,

Net

Net

Company Only—

2,556,902

1,811,789

income..'.

91,800

"D"!

1944
$3,760,726
1,489,385

»

oper.

21.991

&

paid—J.P.S., Co., Ltd

railway,—

from

*

.'"1-,.

:

,

27 656

21,991
58,841

"C"

City Southern Ry.- ♦Earnings—

^Kansas

Gross

$151,994

"$1,925

$6,119

27,391
"B"

Shares

Shares

r-V. 160, p. 2404.

2,974,9001,237,976

tended

tractors

-

- 1944
1943
•
1942.-•*-.: 1941
.v"
$18,975,136 $17,065,848 $15,438,229 $10,581,518
railway.— / 6,892,796
5,763,967
5,299,346
2,341,162

from

/•'
converting the generating sets, originally in¬

■

Common dividends

$1,026,342
1,178,336

railway.—

from

Gross

"sled-borue"

first

—Pref.

Gross

—%

103,647

$240,717

—Preference

$362,224

:

106,332

$267,495

Ltd.—Preference shares

Co.,

S.

P.

$736,592
1,098.816

'

■

97,221'

) Illinois Central RR.—Earnings of
Gross

Plants

Skids—

plants—designed to supply
omeigency current used by U. S. Army Engineers in meeting military
and civilian needs in occupied countries—are being completed by the
company's subsidiary at Warren, Ohio, it was announced on Dec. 29.
Generating units of 246 to 640 horsepower are being mounted on
velded
steel
platforms, or
"skids," produced at the Warren City
Manufacturing Co.
The skids permit immediate operation of the
jiowlfrXplants upon arrival, without using prepared bases at their
•'

^
$95,296

160, p. 2403.

Illinois Terminal RR.

Vomited

-

2402.

p.

J.

—V.

$281,739

$538,588

$526,675

$512,511

..

railway.—.

from

7

*•

■'

'

$91,197
97,316

—

bonds.

inc.

' '

adj.

on

bonds

8,560
$24,368

dividend requirements:

Preference

'•
Gross from railway— 205,013,539 192,846,176 160,710,830 110,816,451
Net from railway.
' 72,349,944
65,870,104 54;268,771 30,207,598

1942

1943

1944

—

from

Gross

"V-"'

From January 1—

Georgia Southern & Florida Ry.—Earnings
Novembei

•

$2,548,086
1,480,461 / 1,521,744

available

November—•

,v

railway.—_

oper.

160.

$2,217,053

136,850

interest

adj.

on

—V.

$843,281

Gro.-s-from

rv.

$232,147

133,255

—

$567,885

oper,

Net

194:1'

*.

1943
$884,063
263,168

^

From Jan. 1—

Net.

$224,452

Deficit

1942

/y 1944 '
$878,344
railway——_
300,533

November— '
Gross lrom railway
from

103,066

income

Income

y

Int.

Georgia RR.—Earnings—

Net

;' $2,445,020

99;955

income

Net

$344,364

8,525

-

/,

November—

$3,434,995

$2,461,385

2542.

p.

$223,170
8,977

$2,117,038

8,612

charges

Net

.

160,

N $215,840

income

Gross
Income

for

$122,020

$234,968

__—-:_

Balance
—V.

—

income—

income

Operating

6,054,844

6,352,939

550,922

583,613

Operating exps. & taxes

13,821,542

11,960,529.

1944—Month—1943 - ; 1944—11 Mos.—1943
$799,453
$774,092 $8,470,037 $8,499,864

revenue—

oper.

Dr3M(f

,

$22,213

deductions

Earnings—

Manhattan RR.—November

&

Period End. Nov. 30—
Gross

4,982,706

5,817,835

668,000

608,038

amortization
Provision

$4,095,608 $49,2}3,201
1,865,488
22,653,138

$4,177,981

expenses
deprec.
and

for

prov.

income

Gross

.

Income

Hudson

•

1944—12 Mos.—1943 w

1944—Month—1943

revenue

Operating

;

-Earn in gs-

Georgia Power Co.
Period End. Nov. 30—
Gross

2403.

p.

ance

the

with

company

Volume

'J~ From.Jan:11—

■

plants in

■generat.ng

cx st.ngr

Laud pui chases

Nassau

years
because „oi •• the

-of

buruea

heavy

dut es

war

of the company. It .s expected t...at many of tue war
"plants now heated on Long xSlanh: w..l continue po re^u.ra part or
•all cx tne targe power ;neeas being turn fined tnem a ad otner mdustr.a. operat ors will undoubted:y be attracted to Long island w.nin
•the /.mmed.tae puture.-Tne2>uading^of•• edditio-inl homes and apart¬
ments, together w tn ex. aas.on o. t.ifc street a.id parkV'vay 1 ght.ns iis
ecg

cenng s^axf

-

•also

expected to requ.re;larger amounts, of electriccurrent.

,y; a

ect,

Net

its i..csenb geaoiat.ng Si,al.on at G±enw„oii and tuft expans on ol its
■ s. bsuu q,..s
aim amr.mu.on hues arm'
: oh /a', oo .n.tre-.
;hons;,e post-war pi .h
providing .arger amounts or electric s-iw.ce
tor tne. rap dly ex. auuing territory
s.rveu, by tne company
as wed
.as u-sjrmg adequacy and cont.nu.ty oi
seiv.ee a gains i, such events
as
t e httrr cane
w iicn
nave
h t
Long ls.a.id w.tn'n the last s.x
"year;.
Tne u,m. any is a so planning ewvn'^emeab o. iw> gns' pro.

transmission

-acihties.—V.

IcO,

2758.

p..

'

r

.

•

1943

1S42

1941

$2,954,032

$2,065,743
376,993

39,867.645
l.I;542,2u2

32,610,242

ry.

8,206,000

0,625,573

2,807,411

3,814,038

2,030,061

"775,846

income-.;-..

"Dmlcit.^. ltO, ;p. '2754.
i

Offered
Halsey,
first and
refunding mortgage o%% bones, Series F, due April 1,
2003, at 105.38% arid accrued interest from Oct 1, 1944.
The offeiiug which was made, subject to appiovai of-die
Intestate "Commerce

scribed.

1

,
_

The

ifir-ue

awarded

was

on

'

1C4.66.

of

bid

a

Net

•

4'/2S and $8,835,000 series D 4s, all maturing April
The

Louiivi.le

and

of' debt

has

Nashville

•in

for

of

income

net

had

company
of

$ui,407,5i>2

1j4j.

lor

$21,213,757
revenues

railway

pursued a

for

since

V.

vi $239,175.

The bonds are redeemable, as a whole or
from 110%# to par, and through operation

ranging
funu,
'each
h

1077/s%

prices ranging from

at

to

sinking
plus accrued interest in

par,

case.

tne

in

and

Nashville

I.linois,

Ohio,

two

North

4,562

owns

of

miles

Missouri,

Indiana,

line

main

Kentucky,

fines

imterti

to

has

1938

the

serving

coal

have

fields

Kentucky

of'western

with

Associated

Stearns &

W.

Co.

Stuart

Halsey,

Co.,

&

Inc.,

'■

Fcnn

.

...

Inc.
Becker

G.

Wm.

Co., Inc.

<z

•

W. C. Langley Si
Burr & Co., Inc.

,

•

&

W.

Co.

&

•

American

S.

and

-

12,069

to

Bernheimer Co.

"

Biddic, Whclcn & Co.-.

'

of

as

1,

Bosworth, Chunute, Loughridge &

;

and

foi\,in&ny

made

by

this

Regulator

of

648,092

413,541
.

Co.—Output

Jan.

on

has

• 50
different war
increased so greatly

been

than

was

with

last 90

those

for

offset

contract

taken from

said,

DuToit

overall

an

Jr.,

backlog

Vice-President,

2.

including
more

Rises

approximately

the

company

which

production

the

result

days

the

of critical fire control
is the sole sup¬

company

of

terminations

items

war

some

the last six months of

during

1944,
produc¬

that Minneapolis-Honeywell's

the increase at the year-end.

on

ments,

design changes were made which
siderably more difficult.—V. 160, p. 2405.

November—
Gross

made

output

volume

con¬

•

Net
•

ry..

Gross

$1,606,463 $18,568,599

$17,232,971

12,217,203

2,501(647

2,502,163

7,982

12,633

152,831

18,579

20,822

23,142

240,329

236,912

$96,749

$92,368

$1,632,805

93,316

44,441

575,194

directors

183,176

$2,207,999
1,596,700

$2,905,078
-1,723,227

def.$46,367

$611,299

$1,181,851

$136,803

$47,197
p.

2545.

Fund, Inc.—Extra Distribution—

Dec.

on

declared

28

an

extra

of

dividend

five

•

payable Jan. 15 to
dinary payment of 17.6

paid.--V.

160, p.

Trading

9,876,934

13,593,678

4,014,738

4.371,207

3,779,699

2,381,688

1,525,467

3,321,430

2,731,212

1,373,168

Minneapolis St. Paul & Sauit Ste. Marie Ry.—Earnings
(Including Wisconsin Central Ry.j
1944

From
Gross

•

■

•

.

:

lc42

1941

$4,277,360

$3,307,149

$2,912,011

1,469,995

865,150

575,714

398,892

1,104,236

585,442

350,167

46,411,903

43,990,846

38,955,720

33,236,030

13,630,677

13.838,499

11,354,296

9,520,523

8,426,408

9,270,182

7,174,886

5,659,302

income-J

oper.

•

1943

.

from

ry.

January 1—

from

Net

from

Net

ry.

railway—

railway—..—Income—

oper.

—V, 160,

986.

p.

,

,

Mississippi Central RR.—EarningsNovember—
from-

Net from
Net

ry.

1944

1943

income

28,895

$87,639

67,827

22,043

27,678

2,005,062

railway——
income—

oper.

1941

1942

$157^16

railway——£183,855
$143,918
.:
67,811 V
54,484

railway—..

33,144

10,381

1,604,484

1,494,676

1,080,792

748,763

607,647

593,086

300,519

335,056

290,065

240,958

155,529

.

From Jan. 1^-

Gross

from

from
ry.

—V.

railway

oper.

160.

2545.

p.

Mississippi Power Co.—Earnings—
"Period End. Nov. 30Gross

revenue

Operating

1944—Month—1943

1944—12 Mos.—1943

$498,827

$484,133

$5,874,685

$5,413,267

304,172

„—

330,073

3,211,764

2,774,08?

expenses

Provis'on

for

depree

37,750

37,500

452,750

443,50(

Provision

for

taxes—

88,543

36,119

1,346.759

1,202,SIC

$68,361

$80,440

$863,411

17,563

26,213

261,903

$50,799
20,693

$54,227

$697,165

20,693

$601,503
24-3,316

$30,lGo

$23,534

$353,187

$443,849

Int.,

Corp—Registrar—

Continental Bank & Trust Co. of New York has been appointed

registrar for the preferred and common stocks.—V.

■

12,273,629

14,026,908

oper.

Gross

151, p.: 991.

income

etc.,

Net

——

deductions

incorm

Divs.

pfd.

on

stock.

$987,869
■

290,704

248,315

Lthwubacher & Co.

Chas,. W. Scranton & Co.

68,394

1404.

Manufacturers
The

317,937

cents

bath

was

184,874

railway
railwayincome,.-,
—V, 160, p. 2545,

ordinary

and

124,619

from

Net

distribution No. 26 of 10 cents- per share,
stockholders of record Jan. 5.
An extraor¬
cents and an ordinary distribution of 10.6
cents were made on Oct. 16, last,
Extras of 10 cents each and regular
quarterly payments of like amount were made on April 15 and July 15,
1944, while on Jan. 15, last year, only a regular dividend of 10 cents
-share

157,049

income

January 1—

Net

per

1941

ry.

646,964

142,868

Bond

$864,804,

422,444

from

2,258,114

160,

1942

$1,204,971

329,000

Net

1944—11 Mos.—1943

14.040,987

etc.- -V.

interest,

1943

$1,304,742

405,057

railway

oper,

From

Net

246,434

lit

1944

$1,252,269

railway——,^

from

Net- from

railway——
$3,893,252
.NeiL'from railway—892,921,

1,231,886

l_*

Manhattan

.

345,771
'

November—

Earnings—

$190,065

'income

The

CO.

577,867

have

Gross

1,397.328

(Drill

Reynolds & Co.
Si

628.276

339,931

Net

1944—Month—1943

income

"Rentals,

Inc.

ItUSi

Co.

40,072

1.348,166

Honeywell 'employees in Minneapolis alone turned out more than
$55,000,000 worth of war materials during 1944, he said, lifting the
total above that reported for the previous
year.
Unit production was
maintained, he pointed out, despite the fact that in all major instru¬

a

Hirshberg, Inc.

Broc ko, Tindall 6s

55,771

1,373,674

2';

487,594

which were

V

BroAe, Stakes & Co.

25,165

1,628,713

227.255

Mr.

specific

on

•

income_i__ 1—

oper.

income

Net

Riter & Co.

Co.

6o,ulO

23,028

Advanced'scheduling during the
plier,

$50,000

next,

is

(Dr)_-

I

iv—xscher, Pierce Si Co., Inc.
Hitinholdt & Gardner

A

Co. -1

$130,858

76,268

income,—

instruments,

Redemption-—

Feb.

Co.

Piper, Jafiray & Ilopwood

\

Bior 3d & Co.

Monroe

•

,

$1,729,920

^■Deductions

Ferrin, West & Winslow, Inc.
Peters, Writer & Christensen, Inc.

Jack M. Baas & Co.

.

$141,911

2405,

p.

announced

tion

207,039

rents

ry.

Gross

Park-ShaughneSsy & Co.
Patterson, Copeiaiid & Kendall,
•

19'1

1942

.

28.840

railway—_

oper.

160..

Gross

O'Neal, Alden & Co., Inc.

&

.

Robbins

&

rents

lac.

Net

The Onio Co.

Barrow, Le^ry &, Co.

exemption.

tax

^recently that the- company entered 1945 with
approaching its highest peak, George A. DuToit,

shares.—

approach to farm and garden crops."—V. 160, p. 2545.

Equipment

Alfred O'Gara & Co.

.

of

1,536,359

MiimeapoIis-IIoneywell

W

emphasis

growing

-^'3-.—

Joint

Co.

Biair

the

of

expenses—-...1

V

Parker & Redpath

Bacon, Whipple & Co.

BraUn,

shares

'

redempt'on

for

revenues

Nusioch, Baudean & Smith

Bleichroeder, Inc.

1943

H

.

Military .demand

Inc.

H. Newoold's laon & Co..

■:

railway—■

instruments

Robbins, Inc.—Creates New Department

&

Operating

Other

Securities

Nonii &

Co.

Aub &

Auchiut'ioss,

William

-

plant diseases,

department,

Taxes

Ncwburger Si Hano

Corp.

"Ames, Emerich & Co., Inc.
and

•

Cabot

&

Na. hville

..Allison-Williams Co.

Bauin,

from

;

67o

Operating

Inc.

St. Louis Co.

■

A. E.

called

been

Period End. Nov. 30—

NlUiianey; Ross 8c Company •
Murpney, Favre Si Co.

Deinpsey <&; Co,

Atwiil

*•

ivlos.e & Moreiand

Co.

Kean, Taylor & Co.

ArnUold

'

Maine Central RR.—November

Moore, Leonard & Lynch

"Grah. tn, Pardons & Co.

Swiss

'

•

>

this corporation has created
animal' remedies and agricultural chemicals,

and

scientific

Co.

J. Merieka & Co.,

Moors

Newton

.

;

-

Berwyn T. Moore & Co.,

Putnam & Co,

M.

.

Minsch, Monell & Co.

Inc.

Hornblower & Weeks

Anthony

v

Milhous, Martin & McKnight, Inc.
Lw. & R. C. Miller. -;:r■

H. M. Byhesby and Co.,
'Havden, Sionc <fe Co.

E.

Mather and

Metropolitan

Co.

TucKer,

•-

project

Si22,37'5

$133,995.
' -:y 42,540

income,

Jan. 1—

ry.

4.

au-

increasingly aware of the recognition being
given to anilnal health the country over," Mr. Murray said.
"Cur¬
rent
estimates
indicate an
annual
loss of 3750,000.000 in livestock!
alone..
Roughly, one-third of our 67 wholesale drug divisions are
already reporting substantial growth in the sales of animal remedies.
And what is* happening in animal husbandry is being paralleled in the

E. Hasten & Co.

A.

Morris

'HaJlgarietf & Co.

.'

Inc.

,

Mwran & Co.

iviasoii,

v

Wertheim & Co.
A.

*

27,325

from

.

recognition

lviascn-Hagah, Inc.

Co.

&

Co.

&

Hutchinson

Burns Si Corbett,

Si Co.

Marx

,

Schoeljkopf, Hutton & Pomeroy,
,

Lyons & Co.

l.iartin,

Co.

Co.

Phelp

L.

MeMataer

Ladenburg, Tnaimunn &
tc

308,523.

of

number

remedies for
new departiment'v of i
according to
William J.
Murray Jr.,'President, who announced on Jan. 3 the ap¬
pointment- of Dr. Walter Cecil Butler of Fort Worth, Tex,, to head the
In

south-

and

benelil

the

1944

railway-—_

trom

Net

—V.

debentures, due by extension in 1948, at
int.
Payment will be made at the Bankers Trust Co.. trustee,
St., New York,'N. Y.—V. 160, p. 1527.

and

new

Underwriters

Glore, Porgan <sc Co.
Otis

reduced

been

PG2648.

animal

in the offering are:
Bear.

303,400

the

in

increase

an

stockholder is to receive 1.4 shares of new preferred

McKesson

and

Tennessee,

Carolina,

Virginia,'
of

afforded

not

This

.

.

from

"McKesson

List

be

will

jobs.

many.

Minneapolis & St. Louis Ry.—Earnings—

Georgia, Alabama, Mississippi, Florida and
Louisiana.
The principal lines include those from Cincinnati to New
Orleans, from Cincinnati to Atlanta, from Louisville to St. Louis, and
Virginia,

stockholders.

and

snares;

Wall

16

piovlrie

of the New York Insurance
construction and to relieve unem¬

provisions

housing

railway-a—^

Net

' -•;
recapitalization

of

plan

tne

operac.ve

from

Net ry. oper.

-

Louisville

The

.'branches

of

declared

15-year sinking fund

101

will

and

war

under, the

promote

to

and

from

IC- From

Recapitalization Operative—

C-ass, A

160,

of

the

the

undertaken

designed

Gross

McCord Radiator & Mfg. Co.—Partial

1945, of
in part, at prices

First Avenue and

Midland Valley RR.—Earnings—

.yI.-*

below,

Co.

Mig.

to. .common;stock

There

•'4an annual sicking fund payment, commencing with Oct. 1,

residential

park-like

company's intention was made on Jan. 2 by
Chairman of the Board, who said construction

of

Ecket.

November—

of common by surrender of each Class A share
and
all
rights, to accumulated and unpaid dividends amounting to
$19.50 per..share.
,:A-■
"l lie
recapital.zaticn plan does not effect operation of the sinking
fund
for
retirement of
the
company's present fund.ng stock
which

is to be

As long as any of the series P bonds are outstanding there

&

plan

Each

with $208,799,302 and
months of 1944, operating

10

firot

further

a

in

after

ployment,

stock, plus one share

compared

1942,

the

P'or

Rad ator

par

tim*zed

$178,278,652 and net income amounted to $14,439,408.

were

build

to

Under the plans, as outlined, it is expected that the site will contain
approximately 15 acres.—V. 160. p. 333.

•Net

directors' have

stock

B

and

$168,824,550

of

be

Law,

129,268

provides for an authorized issue of 37,947 shares of new
preferred stock carrying a $2.50 cumu.atjve dividend rate and
redeemable at $50 per share and a change in name of the o.d Class

the
and

operating revenues

McCord

The

'no

years

will

•

H.

•

begin

$2,000,700

%

.

approved by the

1, 2003.

number

a

through

and

.

RIcCord Corp.—Calls $50,000 of Debentures—.r

Plan of

1953.

The

A

reduction

130,176

$184,958

$2,315,180

11,737

$269,820

income-

160, p. 2404.

The

ca.l for redemption^ on
Jan.
1, 1345, of $11,000,000 of bonds,
the payment of-.certain,
'equipment obligation^, tue funded debt, incluoing equipment obiigat
'tions, was reduced by $14,514,556 in 1J44.
The interest requirements
"for one year on funded debt and equipment ob igations as of Dec. 31,
1944, after giving effect to the January 1 redemption and the present
'financing, amount to approximately $6,959,08./, or 31.9% lower than
policy

11,518

rv.'.' oper..

See

Morgan ht.uv.ey & Co. bid 1C4.3 66 for the istue.
Proceeds received oy the rci.roeci, ..t^e-her with treasury funds
"required, will be used l'or the retirement or redemption, on or before
r
April 1, 1946, at 105% and accrud- intere t, oi the fol OAing first and
'refunding mortgage oonda: $14,000,000 series B 5s, $31,000,000 series C

A

:

is: planning

Announcement

640,429

71o,480

1

j

•■

New!York City., This new community will be known
Cooper; Villa go' and will house about 6,000 persons.
:
?

will

Gross

—V.

j

••■■

facility, rents (net

debit)

investment group

An

66,600

'Joint

4'::

•%

Community—

company

Frederick

$2,770,397

$3,160,786

$263,295

60,847

*

o versub¬

been

CominLiion hiias

$341,685

rents

;

-

met'debit)

Equip.

'heaued by

.

8u,449

The

'asPeter

1944—11 Mos.—1943

Railway oper. income-

large gioup of underwriters headed by
Sun rt & Co., inc., on Jan. 4 oifeied $53.8 i5,000

2758.

p.

Metropolitan Life Insurance Co.—To Build New Resi¬
dential

the East River,

$1,745,476 $19,517,595 $18,102,412
1,112,10)
10,953,601
10,836,892
237,000
4,537,400
3,688,500
7^,6/2
865,8U8
8U6.623

.

676,000

Louisville & Nashville RR.—-$53,835,000 Bonds

—A

160,

;,cQmniunity to the north' of.East 2Gth Street, between

Ry.—November -Earnings—

$1,897,934
■Railway oper: expenses3''.
796,800
'„,i■

merit.".—V.

;

i'

VJtshltA

Railway oper.:.revenues-

ta/ivS

"72,653

;

*

V Ij44—Month—1943

Period End. Nov. 30—

"302,849

.

■

Loui-iana & Arkansas

V.

204,948

;■1

41,612,077

ra.lway—^

oper.

authorized by

(3)
Purchase by Harrisburg Gas Co, of. a gas- p.ant serving 1.204 cus¬
tomers,in Elizabethtown and Marietta and adjoining areas for $80,000.
The PUQ'ordered1 the proceeding', completed before Feb; 28, and con¬
ditioned
its
approval with a requirement the Allentown-Bethelehem
•company dispose Qf> t-he Hamburg gas facilities before June 30 be■cause
its inclusion- in .the Allentown area is "not a logical develop-

24,708.079

123,223

h':.../-,;'

from

Net

The transfer,

...

"

$3,277,005
;
438,22.2
"74,544

670,273

•Federal income taxes-—
:

,

10 540 933

iroln

Edison Co.

,

Acquisition by Allentovvn-Bethlehem Gas Co. of gas properties
serving 13,586 customers in Easton and other Northampton County
(1)

24,057,725

1944

•;:•;

From January 1—
Gikss

PUC, provides:

37,977,499

$3,4uG;570

;

and

•Earnings—

-

"rai.wlKhA-A'"
hNA''ry. oper, '1-iboiiio.-^

>;eteb,;ri.c

on

22,641,358

Net. from

reprcsexuaLve of the company s.ated t.iat t.».s power plant proj¬
the bu.id.ng o„ an q,ddit.oiial 6^,000-vo,p trar.sinission iine trom

duot

75,572,380

,.,communities and Hamburg, Berks County, for $1,345,000.

.7<:November— •;

.

Metropolitan

gas companies of

108.585,882

190,493,169 152,403,181
62,698,269
,83,182,527
22,871,255
23,978,143

196,140,879
.

p.;;2.758.

160,

Long Island RR

;

,

.from"railwayjh:,rA
ry, '.ojjer. hncumcA-

Net

'-r-V.

the

upon

111

CHRONICLE

FINANCIAL

&

\--y 1 V 1

i-.ohi" UilwayeuhJ

GivA
•Net

nary" engineering designs have been under
and an earlier, app.icatlo-i hn.t. been r>

and pre! m

.-•Way. it-r tne past two
omy:

be coordinated with
u.id Suffolk Counties.

steam generating station to

modern

another

erect
its

COMMERCIAL

THE

Number 4349

161

Co.

hAtea;ongobd-:&: Mayer

Frur.k 3. Cohn & Co,

Caldwfll
John
C.

3.

Phil ips

P.: Caav'Ii

.

City £"curhief; Corp.
Cohu & Torrey
C.

Surop hire

& Co.

Ciuhenden
Dail

Union

,s

A

•

'?

•

<

)

r

Thomas H.

The

of Michigan

'Fo'ger,

Inc.

Nolan,

Foster

&

Corp.

E.

Corp.
:

•

"

Ellis

Green,

Grecnman

Si

&

Towm.cnd,

.

H.

Inc.
Hannahs, Ballin & Lee

Gregory & Son,

II.

Woil

'v-

Jones

Kalman

&

Co.,

Thomas

Harold

Kemp & Co.

Kidder

&

&

Co.

Co.

&

'-'vh :%;•

Co.

9,

000

SEC

&

Co.

Inc.

E.

Wood

Si

214%

counts

cept

Dulles & Co.

F.

Yantis

&

Co.,

the

Inc.

able

JLocwi & Co.

Gross

from

from

Net

ry.

railway

and Year

rate, of

.

income




.

at

incurred

incurred
to

of

no-

indebtedness
in

MUA

1942

1941

6.927,452

7,033,637

7,125,993

3,153,143

2,108,206

2,050,051

3,242}026

2,062,735

from

from

$0.57

Net

ry.

Authorized

Feb.

9,

1942

to redeem $3,000,due Feb. 9, 1945,

and

the

exceed

such

the

or

in

ordinary

subsid'aries

time

of

annum,

to

subsidiaries,

course

MUA

or
and

of

business

and

ex¬

subsidiary'of

another

the aggregate of
except taxes and accounts pay¬

$7,000,000,

that

indebt¬
another subsidiary of MUA shall at no time exceed

160,

p.

ordinary
2348.

course

of

business

and

and

p.

2545.

1944

railway——.

1943

1941

1942

$243,395

£178,350

$163,947

35,543

24,847

29,978

6.917

3,183

1,498

.8,734

"12,720

2,343,416

1,993,439

1,553,937

! 1,241,107

568,796

280,722

305,084

234.375

177,512

25,988

49,799

"48,29,J

railway

income

eper.

from

Net

from

railway—

ry.

rail way. 2

Harrisburg

by the Pennsylvania

'140.

$103,740

P.

2545

P.

Missouri Illinois RR.—EarningsNovember—
Gross

from

Net
Net

ry.

1944

.

*

railway

1943

1941

1942

$307,116

$290,878

$313,085

$236,667

107,680
66,029

134,728
26,680

163,173
"13,556

107,718

3,196,169

3,958.699

3.041.948

2,446,672

1,294,186

1.357,434

1,594,093

536,861

394,078

526,240

from

railway.——.
oper. income.—

-

40,04>j

From Jan. 1—
Gross

from

Net

from

Net

ry.

railway.

railway

oper.

income...

"Deficit.—V.

160.

1,168.795

558,2)5

;

p." 2405,

Monogram Pictures Corp.

,

utility companies have

—

income—

"Deficit.

(&

Subs.)—Earnings—

Earnings for Nine Weeks Ended Sept. 2, 1944
Ntet

Allentown

160,

Arkansas Ry.—Earnings-

except

Metropolitan Edison Co.—Sale of Gas Properties—
mission

&

November—
Gross
Net

the .application of the company to is¬
note dated Feb. 9, 1945 and due Feb.

dated

note

214 %, per

payable

shall

treasury.—V.

to Date

$17,862,227 $17,138,414 $15,510,183 $10,186,529

railway-

granted

unsecured

indebtedness

edness

oper.

2

214

unsecured

$1,000,COG.—V.

■Net

100,G00

that all or any part of the prin¬
cipal amount may be paid at the election of MUA at any t;me upon
not less tban 30 days'
prior written notice, and that the aggregate
of the indebtedness of MUA and its subsidiaries, except taxes and ac¬

at .the

Co.

its

From Jan. 1—

Associates—Notes

Utilities

Jan.

on

$3,000,000

MUA

1943

''.$282,555
$0.45

$317,209
$0.46

share———

common

per

in

Missouri

$346,584

by the First National Bank of Boston.
The note to be issued provides that interest will be payable monthly

Leedv, Wheeler & Co.

1944

1,107,800

—r..,;,

held

Wyatt, Neal & Waggoner

November—

966,273
135,000

L.

1.C48, payable to the First National Bank, Boston,

Arnold

Co., Inc.

Laird, Bissell & Meeds

Earnings for November

'

.profit J

The
sue

Wurts,
S.

441,051
31,000
—...

160, p. 2405.

Voolfolk, Huggins & Shober

.

1942

1,554.384

Net

Co.

Woodard-Elwood & Co.

Inc.

;

SEC has approved the proposal of the company to redeem all
18.246 outstanding shares of $7 preferred stock, par $100, at tho
redemption price of $110 a share, plus accrued dividends to the date of
redemption.
The. company proposes to finance the transaction out of

Gross

White, Hattier & Sanford

Inc.

provisions

V'"'v

Massachusetts

■

The White-Phillips Co., Inc.

Edward D.

M.

—V.

•

Corp.

Wheeiock & Cummins,

I-,;r;i,;

Hilsman: & Co.,

Co.

tax

contingencies—

To Redeem Preferred—
The

$4,693,432

1,383,828

——

its

cash

1943

789,26(1

Dabney & Tyson

Westheimer

,r,-

Hirsch & Co.

A.

Si

.Weil &

Ira

J.

Net

Watkins, Morrow Si Co.
Weeden

Haupt & Co.
Hrller, Bruce & Co.,

Inc.

Wainwright Si Co.

Washburn

Anderson

Cook, Inc.

Hill & Co.

C.

for

Earnings

Wachob-Bender

Marshall

Granbery, Marache & Lord

and State

VV.'V

Temp-e Co.,
and

80

$4,701,263

$3,897,713

Federal

Stoker & Co.

Thomas

W.

Quarter Ended Nov.

for

Profit before tax and reserves-—

Thomas & Co,

First

(no par) at $41 per share, with a
dealers of 70 cents a share.

sales

Reserve

Pie.d, Richards & Co.
First Cleveland

'Earnings

Net

StileL Nicolaus & Co., Inc.
Walter

Offering—Blyth & Co., Inc.,
distribution, a block of

Balance

secondary

a

1944

Co.

Ltix Sc Co.

Co.

Clement A, Evans A Co., Inc.

as

Co.

Si

Ltcrne, Agee & Leach

Co.
Trust Co.

R. L. Day &

Inc.

Wagner,

Brothers &

Stern

&

&

starkweather

2

concession to recognized

Simon & Co.

Smart

,

Cooiey fi Co,

Inc.

Co.,

&

Jan.

7,000 common shares

& Co.

Minton

M.

I.

■

Coiling rand Co.

C.

Li.l;,

offered

Showers

Robert

Co.

& Co.

Carroll

Masonite Co.—Secondary

been

granted

profit

|

Federal

|

after

profits taxes
per¬

U.^ Commission to purchase all of the

charges

and

161,

p.

and

excess

10.

$20,642
$0.02>

:

...^

Earnings per share on 458,659 shares of
—V.

income

capital stock
•

-

y

a

1941

3944

394.3

1942

$71005,"731

$7,397,165

$6,569,159

2,172,612

3,425,546
1,530,999

2,605,220
1,605,123

70,623,207
24,301,768

71.310,919
22,820,131

51,873,063
16,458,783

income-6,905,284
*Deficit.—V. 160, p. 2758.

9,127,402

November—

railway——
railway-.——

from

Gross

Net

from

Net

ry.

1,561,104

income—

oper,

From January 1—

railway--—/

from

Net

railway—

from

Gross

Net

v

\

oper.

ry.

■

-

railway—
oper-. income--.

from

Net

ry.

1—
railway- 215,791,270

From January

from

Gross

Net

income—
10.

oper,

ry.

—V.

92,250,774
31,400,019

railway-

from

Net

161,

p.

Net

271.936

192,129

92,440

14,879

126,933

155,618

6,426,818
3,787,851
1,433,597

5.386,071

Net

ry.

railway——

from

Net

—V.

1,176,427

income—
2545.

cper.

160.

p.

298,599

Revamping Lacks Required Votes—
Voters

from

•

v*

the

'■

;:

failed to register the nec¬
reorganization plan for the road, an

two classes of bondholders

among

degree of approval of the
Interstate Commerce Commission

shows.

summary

7'

.

'v;

announced Dec. 29, listed 64.01% of Housatonic RR.
bonds and 49.4% of Old Colony RR. mortgage
of the total of those classes voting on the plan as favoring it.

The

summary,

mortgage

consolidated
bonds

1945,

1,

annum,

was

——

5,967,615
3,261,997
1,254,112

6,157,643
3,155,329

railway-

from

$499,288

$555,726
333,484

From Jan. 1—
Gross

1941

1942

1943

$424,072

income—

cper.

101,650,499
32,035,605
20,997,853

206,772,962 161,174,905
94,404,440 69,706,341
36,422,767 45,351,236

1944

railway———"

from
ry.

1941

$9,769,655
2,583,781
1,423,855

v

bids;.:

Boston Terminal and
'-'A
: 7
;■

the

V

.

for bonds bearing interest at'the rate of 33/4% per
The plan was submitted to security holders Sept. 26.
.7
made by ia group of 91 investment banking firms headed
All others of the 13 classes of creditors voting approved by necesby Halsey, Stuart & Co., Inc., and has been accepted.' On this basis,
sary majorities. *
A-'y-vyA A:%"7:>.7Y%"'% 77,7 ■ %7;7.%:=;
the average
annual cost of the proceeds, to the applicant will be ?
Although approval by 66 2/3% of each class voting usually is neces¬
approximately 3.72%..
This group has publicly offered the bonds at
7102 and accrued interest,;7: <'
yY'Yy-y'' v y>y Yy.;,lYY yy/AAA^Y'1 sary for; a plan's acceptance;' the court may confirm a plan in other
circumstances, if it finds objections of a class unreasonable or holds
The net
saving of the refinancing program; is estimated at $14,-. >
that an insufficient vote of the objecting class has been cast,
In this
546,473,
computed as follows:Interest from redemption dates to
case, the decision would rest with the U. S. District Court for Connec¬
maturity dates of the $15,188,000 of extended first mortgage 3J/a% ticut.
bonds, $26,058,000 of refunding mortgage 5%% : bonds, and $6,500,000
In the Housatonic class, holders of $992,000 out of a total of $2,819,of Toledo, St. Louis & Western 4%
first mortgage bonds, is given as
000 cast ballots.' In the Old Colony group, holders of $9,969,000 out of
$44,247,513.
From this figure is' deducted $27,624,050, representing
a
total of $16,448,000 voted.
interest
on
the series D bonds to be substituted
therefor, and cal¬
Securities represented by the 13 classes voting totaled more than
culated from the approximate settlement date for the purchase of the
£260.000.000.series D bonds to the respective maturity dates of the obligations to be
redeemed, with the exception of the $10,9^0,000 note, which is calcu¬
Earnings for November and Year to Date
lated from Oct. 24, 1944, to Jan. 25, 1945, a period of three months.
1944—Month—1943
• 1944—11 Mos.—1943
Period End. Nov. 30—
The resulting reduction in interest is given as $16,623,463.
The re¬
demption premiums payable on the $15,188,000 of extended first mort¬
14,400,592
14,505,483 167,413,223 164,468,871
Total oper. rreVenue_^
gage 3Vi% bonds of 1%, and on the $26,058,000 of refunding mortgage
909,8751,943,360
19,297,398 30,900,429
Net ry. oper. income_—
55/2%
bonds,
of
7Vz'/a, amount
to $2,106,230,
which is offset by
Inc. available for fixed
$222,180, representing the 0.529%
premium receivable on the sale of
1,480,296
2,634,681
23,564,197 34.873,574
charges
the proposed series D bonds, making the net reduction on account of
473,372
1,561,646
12,415,519 22,937,407
*Net income-—!
premiums $1,884,050, and reducing the savings ill interest to $14,^Includes accrued and unpaid real estate taxes on Old'Colony and
739,413.
The expenses of the refinancing are estimated to amount to
Boston
&
Providence
properties; also accrued and unpaid charges
$192,940, thus reducing the net savings to $14,546,473, and consist of:
against said properties for Boston Terminal Co. taxes and bond
Federal issuance tax on series D bonds, $46,200; New Yolk mortgage
interest.
■
7 '• '""AY-AAAy A
:
;7'77,77>
recording tax, $14,090; recording fees in various States, $2,250; listing
on
New York Stock Exchange,
$5,040; fees and mailing expenses of %
Net income is also after fixed charges on the present capital struc¬
trustees and paying, agents, $70,000;
printing, engraving • and signing
ture. but excluding rents under rejected leases.—V. 160, p. 2407.
new bonds, $38,150;
all other printing, $7,900; 'advertising for bids and
publication of redemption notices, $9,400Y-V.;<161, page 11.:ANew York Ontario & Western Ry.—Earnings'J"
1941
1942
j
A
sU"'
'< '< W h t
'j*"'
/'
1943
November—;
7 Y t -7:
1944
$449,214
$561,476
$645,811
Gross from railway
$687^717'
New York Central
i."<:
*23,187
68,664
48,223
Net from railway
"5,576
\
*91,0 <6
(Including All Leased Lines)
46,039
7 '.*o,796
Net ry. i oper, income—
£ 104,714
Period End. Nov. 30—
1944—Month—1943
1944—11 Mos.---1943
From January 1—
$
5,702,523
6,881,485
8,030,946
Gross from railway—
8,612.865
58,123.922 663,129,296 648,221,424
56,800,020
632,035
Railway oper. revenues1,013,209
1,092,351
Net from railway—450,818
45,943,261 481,309,522 432,045,144
45,249,163
Railway oper. expenses
*216,373
222,176
288,153
Net ry. oper. income
"717,011
5,337,902 103,019,799 118,978,662
5,020,688
'Railway tax accruals"Deficit.—V. 160, p. 2650.
1,562,251
1,576,745
17,293,305
16,753,257
Equip. & jt. facil. rents
Jan.

'.

,

$545,098

railway—_

from

Net

8,092,821

-

essary

120 investment bank-

were mailed to

;

of

bondholders

of

committees

tective

Housatonic RR.

'AYY
bonds Were

D

firms and insurance companies.
In response thereto, two
were
received^ The better bid, of 100.529 and accrued interest

3,348,103-

Ry.—Earnings-

Monongahela
November—•
Gross

'

4% bonds/•' •
of refund¬

ing

.

"

mortgage 5Va% bonds,. series A.
'YYyY YY
of the Commission states:
!•
for bids for the sale of the series

Advertisements

published and invitations to bid

■

V,

with other .funds,, used to redeem

The report

31,637,755

'1943
1942
$20,547,733 $17,374,970
8,693,488
9,185,845
8,067,522
2,646,112
2,676,477
4,052,334
1944

the proceeds,

$10,000,000. promissory note, $6,500,000 ;Of first, mortgage
the, Toledo, St. Louis & Western RR. Co., and $26,058,000

ing

*374,614

railway—_ $20 196,652

from

Gross

Net

$2,921,753
122,475

9,239,738

'

Missouri Pacific RR.—Earnings—■
November-

of

and

interest,

accrued

Earnings—

Missouri-Kansas-Texas RR.

Monday, January 8, 1945

FINANCIAL CHRONICLE -

THE COMMERCIAL &

3,360.195
1,824,105

■

Earnings—

Montour RR.
November-

Net

Net

iC0,

2,633,896

967,032

933,180

income—
2406.

721,409

684,000

768,347

p.

40-foot-six-inch box cars.
500 similar box cars was

l.COC 50-ton

order

An

for

Topeka & Santa Fe Ry.
for 500 50-ton box cars.

Vernon

All

these

of

Nashville Chattanooga &

ry.

1943

$3,721,186

Net

667,886

1,378,118

income—

310,605

432,328

641,572

160,

p.

3,368,459

income,2649.

;

-V.

5

^

l

160,

Net

Net

from

Net

ry.

—V.

6.850

*23,147

Co.—Changes in Personnel—
and General Manager of the Clinton Co.,
Clinton,
Iowa, a subsidiary, has been elected President of both the
parent concern and its subsiri.ary, succeeding Vincent L. Price, re¬
tired.
'L. A. Huemmler, Assistant Secretary and Assistant Treasurer
of
the
National Candy Co., succeeds Ronald M. Bates, retired, as
Secretary and Treasurer of that company.
Richard M. Moss, St. Louis,
Mo., has been elected Chairman of the Board of both concerns. These
changes became eifective on Jan. 1. ,1945.;—V. 160, p. 2649.
National Candy

Ciizbe, Vice-President

Association, Chicago—

Registers with SEC—
iiled Dec. 29 with the
covering the proposed issuance and. sale
stock at $100 a share.
The stock" is to
more than 6%
Proceeds will be used in
The Association

.

statement
of 2,500 shares of preferred
h^ve a dividend rate of not
making loans to members of

SEC a registration

Association.

•'

•

& Electric Association—Output—
For the week ended Dec. 29, the Association reports electric output
of
11,530,597 kwh.
This is an increase of 202,687 kwh., or 1.79%,
above production of 11,327,910 kwh. for the corresponding week
a
England

New

year

ago.

increase

of

621,C00 cu. ft. in

Association—Output up 10.C6%—

England Power

New

Association

The

161,168,000 cu. ft.,
production of 155,the corresponding week a year ago.—V. 160, p. 11.

23 week is reported at
5,547,000 cu. ft., or 3.56% , above

for the Dec.

outout

Gas
cm

Gas

for the week ended
61,295,019 for the week

territory
with

of kilowatt hours available for its
Dec, 23, 1244, as 67,461,896, compared
ended Dec. 25, 1943, an increase of

reports number

Y- ' •
Dec. 16, 1944, was

\yY- "Y-YY. ■
Comparable figure for the week ended
increase of 0.32%.—V. 160, p. 2753.

10.062.

-

an

New Orleans &
November—
Cross

Net
Net

1942

$1,237,617

$1,229,604

$538,565

488.879

640,065

751; 322

279,582

"47.C56

140,958

10,^43,061

5,058.377

6.193,728
1,255,029

2,561,636

108,570

110,673 ,;:£v

From Jan. 1—
Gross

from

Net

from

Net

ry.

■

railway-

railway—

New

'5,148,487
1.094,5*5

income—

oper.

'Deficit—V,

160.

13,350,067
7,323,984
1,572,677

11,926,980

_

_

Orleans Texas & Mexico
1944

November—
Gross

from

Net

from

Net

ry.

From
G) ess

.'./1943

1941

1942

$1,059,502

$648,731

$361,979

413,503

702,302
1,501,168

301,609

166,998

49,498

from

from

Net

rv.

9.C45.431

8,843,143

5.919,523

2.803,945

5, J 05,983"

5,471,553

3,254,352

1.059,249

4,157,971

3,177,158

2,641,892

1,093,403

233,622

income

railway

idO.

.

railway

oper.
p.

income—

4,009,069

1,035,946

1.345.293

1,272,216

1,622,017

2,723,922

of

Court

Appeals

at

York

Jan.

2

Bank

Bank

Providence

of

court's finding that

lower

and

''

Boston.

of

The

New

York, Chic.

ICC

on

Dec.

26

&

St. Louis RR.—Bonds

refunding mortgage 33/7%

Authorized

$42,000,009
bonds, series D, to be cold at 100.529 and

authorized




the

company

to issue

160,

p.

secured creditors,

upset

this,

Net

-

the
7

Merchants

Ry.—Earnings—

decision

■ '

and

tention

curred
of

assets to

the

account

its

involved

"Each

of

these

an

2,283,714

29,996,067

176,136

176.136

1,937,497

22,188.675
1,937,636

160.

accrued

factors. was.

report

615,000

———

1,851,817

2,058,720

560,085

7,340,000

income—

of

20,137,868

'■

2546.

p.

:

19,690,954

■

ry.

and' such

was

railway-

45.982,563

income—
160. p. 2516.

21,643,421

ry.

—V.

oper.

1,328,764
77.258,816

finding that

in its
reached that they

of

in the cases cf the three banks and the Old Colony bond¬
holders. the 15 appeals concerned were rejected.
The oilier appellants
included the New Haven line itself, the Commonwealth of Massachu¬
various New Haven security holders and pro¬

■

;/■

(Wis.)- -Partial Redemp-

,AyvY . %% /■%.->:%

•

■

1

.

has

company

outstanding

1st

Ncrthwestern Pacific RR.- -Earnings1942

1941

$489,902

$466,729

$501,516

$266,282

75,430

3,054

207,149

*30,750

48,293

167,656

*64,518

'5,664,664

4,636,413

3,258,459

1,353,713

1,348,123

286,338

903,851

*107,157

1944

November—
Gross

railway.—

irom

Net
Net

ry.

railway

from

Net

ry.

20,316

5,650,090
1,174.552
610,081

railway-

from

Net

income—

oper.

"Deficit.—V.

1943

,

Y

1—

railway—

from

Gross

i.

income—

oper,

From January

160,

p.

789,815.

2407.
m

n

•.->

"'' ''.y
1944—Month—!043"lv"l94^—i2:Mos.—1943

Ohio Edison Co.- -Earnings—
Period End. Nov. 30—
Gross

Provis.'

Net

other

cxp.,,

pfd.

pfd.

891,213

9,475,857

$528,872

$681,478

$7,231,769

$7,945,181

231,616

316,964

3,854,788

3,844,601

$364,514

$3,376,980

$4,100,530

83,500

—

deducts.

etc.

Balance
-V.

on

of

3,954.755

961,865

Income

Amortiz.

4,069:218

10,511,0^3

$297 255

income

Dividends

11.586,445

326 676

173,076

1,397,064

2.076,923

$191,437

$1,979,916

S2,020,307

339.822

—

for taxes..,—

and

$32,962,239

1,027,67^:^)3.526.840

depreciation

amcrtization

Provis,

$2,927 043 ,$35,333,901

1,241,262

expenses

for

and

Int.

$3,071,821

revenue

Operating

Gross

"found no error in the District Court's refusal
either to recommit the plan to the Commission or to delay reorganiza¬
tion until the probable extent and duration of war earnings can
be
more
accurately determined, or to issue stock warrants to represent
an
equity which may develop in the future but does not presently
exist."
•'
court

* "

:Yv;%' Y

18,617.205

called for redemption on Feb. 1, next, $175,000
mtge.-3 V.i %: bonds due March 1, 1964, at 106 and
int.
Payment will be made at the First Wisconsin Trust Co., trustee,
Milwaukee, Wis.,, or at the ontion of the holder, at the Chase National
Bank of the City of New York,
11 Broad St,, New York. N. Y.. or
at the Harris Trust & Savings Bank in Chicago, 111.—V. 160, p. 2299.
The

;

'

23,480,886

Y/I,

States Power Co.

Northern

tion—

be sustained.
considered by the Commission

and the conclusion

3,036,819

3,927,738
135,336,302

railway—

from

Net

or

the Commission's

1,801,262

107,400,405
50.434,994
37,379,173
31,947,192
24,954,440

2,344,210
143,591,577

Income—

oper.

from

Gross

principal, such in¬
Improvement in the ratio of

Interest

$7,696,100

From Jan. 1—

I v "

/

1941

1942

1943

1944

railway—— $13,368,034 $14,571,959 $11,749,419
3,929,297
6 256,302
4,783,366
railway—-—_

from

Net

increase in the authorized

setts, the City of Boston,

——

from

Net

treated as un¬
The Circuit Court

Pennsylvania RR, the court wrote:

of

20,251,039
YY'.;'

2,516,432 Y 2,107,578
28,058,570
apY '
r
'Y %'y'/::Y'
I—_ ,-y.Y 49,615
48,858
580,702

_Yw_-—

funds

res,

Northern Pacific Ry .—Earn ings—

indefinite future."

appellate

2,692,568

November—

capitalization or a find¬
ing of value" for existing stock.
These were matters for its expdrt
judgment and its conclusions" are supported by material evidence.
As
the Supreme Court recognized
in the Milwaukee case, 318 U, S. at
Page 543, wartime earnings are not a reliable criterion for establish¬
ing the financial structure which is to serve the reorganized railroad
for

income—A

income

Gross

determination

current liabilities that

supplemental

21,914,504
274,171

Balance

existing stock has no value should not

fourth

23,674,928
b, 821,139

fiz

—V.

Thomas W. Swan.
Judges A. N.
concurred.
In discussing the appeals of

earnings

recent

in

2,598,272
Dr314.558

for

complaint of the equity interests is based on the con¬
during the pendency of these proceedings there have oc¬
such reductions in the debtor's secured obligations by reason

creases

9,428
2,095,784
598,784

Miscell," approps,

main

on

(netiCrs—

659,093

v ■

that

payments

3,869,923

Dr

Net

Frank

N.

Jerome

147,000,398 136,800,236
7,463,830
82,436,740
78,026,397
1,322,016
47.974,371
44,599,179
773,596
7,316,895
7,897,702
9,875
231,255
157,859

7,295,644

propiiations

National

'

written by Judge

was

$

11,120.398

funded debt—

on

Net

by the court, with
assistance from the Interstate Commerce Commission of the value of
assets to be turned over by that carrier to the New Haven.
The appel¬
late court found that the method of arriving at the allowed value of
$5,756,800 was unsatisfactory and directed that a new appraisal bef
made.
Leave was granted to the Connecticut court to review the whole
plan of reorganization, if it desired, or to consider only the matters
The

1944—11 MOS.—1943

-1943

$

expenses-

income

Sink,

upheld.

with the attehdam loss of equity.

claim

705,327

income(balance).

Gross

Int.

court held that the banks should be

Colony

1,317,644

1,049,096

1,190,691

1944—Month

OYY

remarking:

Old

The

5.101,143

2,561,108

accruals-

oper.

ry.

Other

opinion fair and equitable treatment requires

our

7,300,991

*

12,611,688

rents (neti

facil.

Jt.

that the dam¬
age
caused the banks should be made good to .them and that they
should be classified as secured
creditors to the extent which they
could have realized on their collateral had they not been restrained
from selling, and as unsecured creditors only for the amount by which
gthe debts owing them exceed such realizable value of the collateral.'-.
"In

7,717,027
2,259,253

revenues

oper.

rents

Equip.

upheld

worthless.

became

111,882

■

reorganization was filed on
Oct. 23, 1935, the Manhattan, Providence and Boston banks held New
Haven
notes for $1,000,000
and $420,000 and $500,000. respectively.
All were secured by collateral marketable at 83%
or more of their
claims.
Incident to the reorganization, ,however, all were restrained
from selling the collateral.
During the pendency of this injunction the
The Connecticut

90,454

270,635

96,782

690,781

income-..
2407.

oper.

ry.

Railway oper.

Except

The

railway

Railway tax

stockholders were entitled to no par¬

ticipation in the reorganization was
When
the New Haven's petition

collateral

1941

S452.344

209,117

-7,616,719
1,691,394

lanway—

iruin

Railway

Plea Loses—

on

1942

$726,377

$716,985

bo.odl

income

Norfolk & Western

RR.—Circuit Court

New

.

1943

•

in

Connecticut

In

National

Hospital

3,377,863
1.368,525
633,731

139,233

railway——-

Period End. Nov. 30—

action previously taken by the Federal
approval of the plan of reorganiza¬
tion for the company.
As a result, consummation of the plan, which
had been approved on March 6. 1944, will be 'delayed while the lower
court carries out rulings of the Appellate tribunal.
The Connecticut court was reversed on matters affecting bondhold¬
ers of the
Old Colony RR. and three banks that, had been designated
unsecured creditors: the Bank of the Manhattan Co., the Rhode Island

The

2406.

1944

$662,613 7

2,899,363

1,522,860

RR.—Earnings—

„

oper.

from

—V.

162,540

railway—

Jan.' 1—

Net

—V,

Ry.—Earnings-

ry.

Gross

but reversed in part,

Court

did not warrant an

$746,876

railway—

cper.

1,272,798

'

2406.:

p.

2,499,310 % 2.664.292

2,741,756
1,251,859

Circuit

current

,

826,311

railway—

from

from

Net

j

income—
2406.

S.

U.

The

"The

1941

$1,095,723

income—

November—

Net
.

stockholders, including the

,

railway-

ry.- oper.

82,904

Are Not Unsecured Creditors—Stockholder

Hand

railway-

from

from

1943

108,909

107,997

touched on in the present opinion.

Northeastern RR.—Earnings1944

103,334

7

Delay Consummation of Plan — Reversal, of
Connecticut Bench on Status of Noteholders Holds They

67,002,546,

;

•

1,744,948

990,605

From January 1—

$229,477

107,864

$224,959

to

generally,

'

Cooperative Finance

$235,354

7

A! 127,005

New York New Haven & Hartford

1949
$693,335

3,998,973

2,439,570

2407.

p.

Net

163,288

;

income—

railway——

p.

income^-

yy

District

National

160,

Net

101,779

$226,933

railway-—

railway

160,

railway..——

oper.

ry.

Norfolk Southern

1941

1942

1943

1944

oper.

Rules

V

$1,434,981 $59,008,070 $75,690,201
Y

railway——,

from

Gross

:

——---

$933,728

.

oper.

ry.

70,282

5,306,889

and

inc.

From January 1—

%<' l"vY':Y(V:
1944
Y—$1,045,485
v—

from

Net

41,519

railway-—

from

from

Net

2759,

p.

from

Gross

Inc.—Earnings—

Net loss after charges--.—
'Profit.—V. 161, p.' 11.

the

54,574,182

New York Connecting RR.- -Earnings-

#

5.Months Ended Nov. 30—
Total revenues

E.

33,652,000

$297,084
''7 82,384
48,374 7;
5,377

160,685

173,873

5,255,902
2,266,899
837,726

income--

oper.

1941

1942

$375,260 "':

$423,030

From January 1—
Gross

Gross

4,970,411
2,963,672

.116,164

/"., '

-

value.

nc par

National Airlines,

R.

3,031,888

profits taxes

excess

Straus-Duparquet, Inc.—Registrar—
*"
The Chase National Bank of the City of New York has been ap¬
pointed registrar for the preferred stock, $25 par value, and common

'

41,712,777

2,524,433

__

Fed.

®Incl.

Nathan

stock,

42,608,265

ry.

1.341.193

3,137,401

y

Net

17,794,196

27 .627,336
9 ,719,301

38,585,501
14,318,149
4,497,424

39,157,250
9,825,818

railway——

oper.

ry.

3,338,400

3,654,996

charges

November—

V V

1—

railway—

from

—V.

129,919

320,383

income

Net

$1,722,482
339,882
189,866

$: .486,815
] ,629,532

oper.

from

Net

.

railway—.—

from

Net

97,628,152

79.598,665

6,299,208

Net

$397,713
150,405

railway.-,-

from

1943

1944

November—

—V.

1944

From January

Gross

17,188,791

y

Susquehanna & Western RR.—Earnings—

New York

80,439,361

18,091,995

6,499,812

income

fixed

Total

1941

railway—

from

Net

61,506,670

1,033,194

Income

St. Louis Ry. -Earnings—

$3,593,512

railway—_

from

Net

Total

the third

1942

November—
Gross

5,266,014

1.531,894

•

1945.—V. 160, p. 2649.

of

quarter

during

delivery

income

4,967,918

income-.

oper.

ry.

Miscell. deductions from

order with

for

scheduled

are

cars

has also placed an

'

-

Gross

...

,

,

The Atchison

Net
Other

also received from the

Pacific RR.

Southern
Mt.

Large Orders—

order with the above company

has placed an

V?

RR.—-Earnings-^'

957,254

above.—V. 122, p. 345.

Mfg. Co.—Receives

Union Pacific RR.

*

River RR.—Merger-

Chelsea RR.

&

Barre

Mt. Vernon Car

for

790,779

2,765,010

Montpelier & Wells

The

2,222,148

railway-

oper.

ry.

see

74,260
70,580

railway——

from

—V.

94,846

72,743

2,513,066
1,047,025

from

Gross

10,168

26,120

January!—

From

Net

income—

oper.

ry.

$209,941

$229,087

77,793

62,279

railway——

from

$194,134

$235,142

railway—

from

Gross

Net

1941

1S42

1943

1944

:
stock
stock

3 299

$
—

$213,755.,

160, p. 2546.

(Continued on page 145)

113

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4349

161

Volume

m

New York Stock Exchange

Stock and Bond Sales
DAILY
NOTICE—Cash and deferred delivery sales are

WEEKLY

-

YEARLY

-

only transactions of the day. No account la taken of such sales In computing the range for the year.

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

York Stock Exchange

United States Government Securities on the New
Below

we

furnish

a

daily record of the transactions in Treasury and

32d of a point.

Figures after decimal point represent one or more

week.

Jan.4

Jan. J

Jan. 2

Jan. 1

Dec. 30

Daily Record of C. 8. Bond Prices

Home Owners' Loan coupon bonds on the New York Stock Exchange during the current

'•
Daily Record

Jan.o

4*8, 1947-52
Total sales In $1,000

units

2%s

—

Total sales In $1,000

,

'

•

•

v

.•■•••

High'
Low

■

11

1

(High '
Low

sales in $1,000

units

\

Total sales in $1,000 units

'

(High

112.24

[Close

112.24

2%S

1956-59

Total

5:

units

( LOW
[Close

'

sales in

■( Low

5

(High
( Low

.

1947

2s,

100.27
100.27

$1,000 units—

(High

[Close

(Close

Total

units

sales in $1,000 units

,—

High

(High
i Low

2%s, 1948-51

100.27

(High

112.24

\ Lfovi

2%s, 1945-47

Low

[Close

units

2%s, 1955-60

1948-50

2s, March

low

=>

Close

[Close
Total sales in $1,000 units

(High

Tligb

__•{

2s, Dec. 1948-50

LOW

Total sales in $1,000 units

(High
Low
I Close

"High
is, June, 1949-51

Low

—

[Close
s
units—

2% 8, 1958-63

(

Total sales in $1,000 units

—

(High

(Hign
\ Low

i

( Low

1949-1951

Sept.,

Is,

:

[Close

[Close

units

In $1,000

Total sales

■Total sales in $1,000 units—

(Hign

Hign
rl:•

J

1949-1951

Is, Dec.,

Low

>

Total sales in $1,000 units.

(High

High

1950-1952

28, March,

Low

1945

•{ Low
I Close

Close

Total sales in $1,000

Total sales in $1,000

units

—.

IClose

Total

Total sales in $1,000 units

(High

i Low
[Close

1950-1952

Sept.,

2s,

-I Low

1948

units

s'c:

(High
SV»e.

sales

in $1,000 units

(High
( Low

1949-53

2s, 1951-1953

1 Low

—

IClose

Total sales in

Total sales in $1,000 units
.

r:

1*8, 1950-52—

(Close

(cioss

Total sales in $1,000

< Low

(close
2s

100.13
100.13

100.13

100.13

14*

J T.ow

In

$1,000 units

(High
-—{ Low

1948

101.9

101.9

100.18

[Close

Total

units—
100.14

100.14
'

V—

100.17

100.15

In

$1,000 units

100.17

Home

5

*4V>

'

100.17

Loan

Owners

(High

2

£•

.

sales

101.9

100.17

100.14

Total sales in $1,000 units

10

{ Low
[close

[Close

1%S

(High

•!

100.17

l*s, 1945-1947

.

(High

in

1953-55
Total sales

7

100.18

Low
(Close

100.13
100.13

$1,000 units—.

100.18

(High

Total sales

in

100.28

(Close

100.11

( Low
IClose

2*s, Dec., 1964-1969

2

f High
( Low

(High

100.28

Total sales In $1,000 units

—(

100.17

"

(High

2*s, June, 1964-1969

100.17

100.17

units

100.28

1 low

Total sales in $1,000

sales

Total

Holiday

i

Holiday

(Close

»

1952-54—

Dec.,

2s,

Total sales in $1,000 units

1963-1968—.-

5

[Close

( High

2*8,

:

,

units

2*8, 1962-67

Low
IClose

(High
—A Low^

1952-54,

June,

2s,

( Low

2*8, 1956-58

V.

•

———

Total sales In $1,000 units

(High

Total sales in $1,000

100.25

$1,000 units

19§1*55

£a.

Total sales in $1,000 units

*%S, 1952-54

100.25

High

(High
—
Low

■

100.25

[Close

(High
t*B,

Low

I Close

Close

2*8,

Low

[Close

Close
s

2%S. 1960-65.

13

.

]

2Y«s, 1954-58

[Close

Total sales in $1,000

100.19

—

(High

( High

\ Low

2%B, 1956-59

100.19

—

„

[Close

Total

units

3s, 1951-55

Total sales In $1,000

_

Holiday

2Y4S, 1952-55

[Close

Total sales In $1,000

100.18

100.18

Low

(

[Close

(High

Total sales in $1,000

100.20

100.14

100.14

Total sales in $1,000 units

] Low

Total sales in $1,000

100.18

100.14

"

„

■

1

(High

2*s, 1951-53

$1,000 units

3s, 1946-48-.
t

1

(Close

■

Close

Total sales in

100.16

(High
( Low

/

3*8, 1949-52

1

Total sales in $1,000 units

.

c

'

100.16

$1,000 units

2*s, 1967-72

Low

Jan. 5

100.16

100.14-

100.14

2

:

Close

,

in

Holiday

Total sales in $1,000 units
'

100.14

100.10

j Low

Total sales

High

■

100.10

10

[Close

units

3% 8, 1946-49

100.10
100.10

$1,000 units

2%s, 1966-71

(Close

/

Jan. 4

Low

1965-70

[High

(High
.

Jan. 3

100.10

fHlgb

Total sales in

\ Low

S%s,, 1946-56

Jan. 2

100.10

Close

Treasury

f High
1 Low
[Close

Treasury

Jan. 1

Dec. 30

U. 8. Bond Prices

of

100.11

100.15

100.17

100.11

100.15

100.17

Low

(Close

100.17
100.17

—

*Odd

1

10

10

1

$1,000 units

Total sales

in

$1,000 units

lot sales.

NEW YORK STOCK RECORD
LOW

8

per

$ per

share

share

*111*

112*

*61 *

*61*

66

Jan. 3

Jan. 4
S per share

63%

63*

63*

*111*

112*

*111%

112*

*61*

66*

63

64

112*
66

*62

66

Sales

Friday

t per

nm£

10

9%

10*

10*

10*.

68

*69*

70*

70*

73%*:.

80

13%

13*

14*

14*

14%; '

14*

33

34

23*

39*

98

*23

23*

39*

98

6*

173*

39%
*98

2%

——

3

3

36

36%

60

28%

*59

60

28%

28*
*89

94

*91

13%
152

31*

*.

For

23

23%

23%

40%

40%

41%

99

99

99

3

2%
36%

60%

61

28*

176

*174

36%

95

6%

6 %
•

28%
*89

13*

'

13%

13%

153*

155%

■

38

61*
29*
95

13%
156

6*
175
3

6*
175

37%

3*
38'*

61*

61 V4

28%
*89

29'A
95

14

14

156

157

40%
*97

6%
*175

footnotes

see

page




123.

Address-Mutigr

41%

9.100

60%

14 y4

158

16

15%

16*

16%

16*

16%

31%

31*

32%

32%

32%

32*

29*

v

15,700

14*
-17

33%

&

Gold

Min

Albany & Susquehanna RR

1.300

Allied

Chemical

1,800

6,500

Allied Mills Co Inc

&

Dye

Sep

3

66

Nov

3

14

Dec 15

7%

Dec 30
24* Oct 18

25*

Feb

32* July

;

14% Jan

21* Mar

53

Jan

26* Jan 31
19* Jan
g

64

33

-

41%

Jan

52

July

Jan"

57 %

~Sep

Jan

13

Apr

37% May 18

43

July 15

38%

Jan

48%

75

Jan

13

100

Dec 26

67

Jan

76*

Sep

5* Apr

18

7% July 13

Jan

7%

Apr

3
Mar 29

181
Nov 21
3(4 Dec 16

Jan

128*

Dec

10

37

Allied Kid Co

63* Mar

115*

2

Corp
1
5*% pf A with $30 war
100
$2.50 prior conv preferred-No par

Allen Industries Inc...,

Jan
Nov

35%

10* Dec

124

2,200

51%
108

8

100

Alghny Lud Stl Corp

64Mb Jun 23
114
Jun 12

Highest
I per share

par

Allegheny
,

I per share

100

No

Inc

Vicksburg Ry

Juneau

share

10% Jan 27

.

1
Par

10

Corp

Alleg & West Ry 6% gtd

95

159

Alaska

40
.

Reduction

Alabama

14.800

6%
178

3*

Air

80

100

2,400

15%
--

600

No

Corp

per

13

24

8* Aug

25

;

I

Dec

Jan

47

2.50

Co

Co

23*

52* Feb 21
108* Nov 21

No par

Express

500

32,500
29,300

28%

Steel

Adams

33*

39*

*89

Motors

Adams-Millis

63%

3

Acme

600

*

100

Year 1943

Lowest

Highest-

t per share

No par

preferred

ACF-Brill

12.900

37%

31%

16

31*

23%

153 *

13%
154

*15%

3

33

40*

6*
173*

33%

99

1

99

6%
■

;■

*32

23*

23 %
40 %

34

*33

34

*171 *

6%

*171*

36%

10,000

14%

9%

4%

.Abraham & Straus

80

13%

Abbott Laboratories
.

10*

68

Lowest
Par

400

65%

13%

33

;

112*

*62%
10

10*

'13%

Range for Previous

.

Range for Year 1944

STOCK

YORK

EXCHANGE

Shares

share
63

63

NEW

for

the Week

Jan. 5

68

10

*66

.tSTOCKS
"

■j

$ per share

t per share
*62

64

•62*
Mil*

Jan. 2

Thursday

Tuesday

Jan. 1

Dec. 30

■:

AND HIGH 8ALE PRICES
Wednesday

Monday

Saturday

No par

.—100
1

No par
—8
No par

2

Jan

23* Jan

3

38

4
24 %, Apr 19
70
Jan 21

Dec 20

62

Jan

9V4Jan

141

3

Apr 26

13% Mar 18

29

Aug 15

Dec
7
29% July 5
91
Dec 20
15% Oct

157

7

Dec 16

16* Feb

5

35% Mar 27-

3%
85

A Jan

•

Jun

3% July

Jan

32%

13

Jan

45%

18*

Jan

31* July

64

Jan

75

7

Jan

6*

11*
165

Sep
Sep

May

Jun
July

140*

Jan

10%

Jan

14% May

16%

Jan

37%

Nov

7

RECORD

NEW YORK STOCK

$ per

share

per

Jan. 3

22

1017,a

38%

•39

113 %

114

23 %

114

23'A

2374

2374

42 V

42V.!

44 %
21

21%
74'

*72%

17 >a

2

28%

29

a

46

47

21V2

.

182

12%

12%

12

12 »4

93 Vs

92%

93%

7 1.700

184

*182

*182.

40%

39%

40%

9d7/8

98

98 V

27 Va

2 7'4

27 '4

27.%.

27%

27'/a

I 2.300

110%

110%

27

110*4

32 "2

UOV4

110

110

125 V/2

125 Vs?'

125%

125%

13*4

19 Va

107 Va

33 Vi

106*4

3%
10*4

11

27*8

27

27%

'-•

11

27%

28

8.000

I

"

3%

J 1«/.

■27%

27'4

2%

34

3*4 4

v4

20

.

3.000

f 3,000

2 Vs

2%

;li.4ou

96

90

96

96 Va

96

96*4

96*4

97

97%

97%

K 1.400

20%

20 7 8

20*8

20 7 it

21 '4

22

21%

22

21%

22%

16,800

93

93

9214

92*4

41

41

'•

9 1

277V

108;%

22%

41 Va

43

66

6678

60 %

60:%

11*8

74%
,

42

*41 Va

13 %

26 %

42

42

*41 Va

2%

65*4'

65

65*4

64%

60

59%

60%

58*4

12

11%

llVs

12 Vs

12

178

•*176

176

178

182

>179

178

15*4

15*4

16%

16

16%

16

75%

75'4

77

76 Va

78

77%

18%

18 Va

i8%

19%

1974

18 Va

18

18

17%

*43 7

..

18%

27*4

65*4

:

10618

5%

46%

66

.

67

66

145'4

145*4

i,

157V

■

1457V

47%
1197'a

*119

119%

*119

15%

8%

8*4

997a:

*99 Va

99%

9

9%

9

119

9 7V

*.99%

9

5%

5*4

..

*247a

25

.

387V

.

112

112

*112

113 'V

14

14

14%

3%

6 7a

104

44

111

*11174

a

$5

447V

67/«

53

6%

■

67/ar

114

457V

:

45%

.

45%

*11%
10%

: 14,200

Am

300

•>

5 °tt

Am

21.100

V*
L'-

;

-

-.

*106

107%

*106

Andes
A

400

84.000

-1

1,200

V

:>

-83%

827V

1037a

1037a

53%

53 7a

52

35%

357a

357V

35%

75

83

75

80

30%

31

113

1127a

18*8

57 %

56 Vz

60%

116*4

*116

116%

10%

10%

777a

5*4

38%

60*4

32

32%

.•

*5674
61
*116

*18%

•

11

117V
80%

17%

18

6 Vs

5%

67V

67 s

25 7b

26 Va

26

26%

26 Va

2,300

74%

12%

13

12%

13%

12%

13%

227a

22*a

22%

22%

13 74

14%

14

11%

17%
6

'161

Aug

Jan

45

Apr

19

141'/a

Oct

151% Aug

12

19%

Jan

29*4 May

9
10

152% Dec

.

11.500

33%

Atl

G

270

4%

6,700

113

Atlas

Jan

33

Jun

111

Jan

7

132

115

Aug

3

577« Jan

3

No

-—

4,200

11%

79%

9.800

6%"

•

253.900

84 Va Jan

par

Jan

3

Feb

16

24% Jan

$5

Aviation

65*4 July

129%

Jan

146% July

6%

Jan

>

32

12% July

49%

Jan

Sep

121% Aug

Jan

3%

i2r% July 11
10% Aug 12

63% July

Jan

115%

'■>9

May

8874

Nov

Nov

23

53%

Jan

»9%; D?c

13

3%

Jan

July

Dec

13

,55%

Jan

;79% July

107

•

65

(

7%

Apr

5

3%

Nov

Dec

16

42%

Jan

5474 Mar

26

29% Dec

30

24 Va

Nov

3174

24

39

Dec

30

24

Jan

29%

Jan

7

16 Vs

Jan

23% July

111%

Jnn

j Nov 17

112

9% Jan
2Vs

2
3

47/8 Apr

.5

10

Jan;
Jan

42

par

19

28% July 20
117% May 26

14%

Apr

Jan

3%

Feb

Jan

47*4

Sep

5

3

Jan

6*4

Sep

9

46

Jan

75

7

49

Jan

84

Dec

28

30

Jan

40%

Jun

6%

Jan

10*4

Jun

4%

Jun

Jun

6% July

Jan'

9

107 % Dec

Jan.'

%

3

119

Jan '

par

-No

35% Apr

18

46% Jun

9% Feb

17

1
—_—.100
100
.

<

par

—-

100

RR

i

3

>8Jan
12Va Jan_

4

85% Jan

3

May 19

94% July

Jan

39%

Oct

Jan

108%

Nov

17

Jan

7

106% Dec

11

66

Jan

Dec

20

24%

Nov

387a Nov

3

19

Jan

29

44

18%

25% Jan '•;. 3
Feb

25

15

107% Feb

18

11% Jan

3

53% Jan
52 'A A»r

v

7

19

May 26
31

112

No par
No par

14 Va Mar

No par
——5c

66

3

Jan

29
100

20

100
—5
—50

(The)—

59

6

83% Dec

7

—

97% July

108 Va Nov

14

—.———

15%' Jun

Jan

3

24% Jan

-—_—100

10%

Jan

19

82

55

>: 76

Nov

44%

32% May 17

106

Apr

14% Dec
3% Jan

25

19
7
3

67%. July

Jan

90 Vb

July

33

May

36%

Oct

Jan

68

Oct

Jan

28% May

V

Sep

113%

Mar

Oct

9

17*4 Dec

7

V6%

Jan

13% May

57 Va Oct

2

50%

Jan

57

Jun

12

52

Jan

120*4 Aug 14

113

Jan

114

62

20

Dec

13% May
84% May

-

Dec

Jun

16

(Dec

Jun

2%

Jan

28%

Jan

85 Va

Aug

30

374

Nov

674

Apr

8

9

157a Nov 28
6

Sep

68*4 July
123

7%

22
•

Jan

7

Sep

Jan

53 Va Jan

59'/» Jun

preferred

;

6%

103% Jan

.1

Corp

45% Sep

Dec

72%

V

113% Nov 27

33

8%

1%

30

113

—100
-.25

par

19

Dec

3

Lines..

No

197 b Dec

Jan

90

preferred

series A—

V

12% July 10
13% Jun 28

par.

Apr
Mar

116

34

12

4% Aug 30
57

Apr

16

•V 14% Dec

.5
>

of Del

Jan

Jan

—

Corp

Jan

43%

20

Corp

Nichols
Co.

42 Va

12.50
No par "
20
-—-.5

Goods

prior A—

158% July

Jan

127%

25

Co———No

Line

Aug

13

v

6% July

4

44

323/4

July 14

75.-.

100

3

67% Jan

^50

preferred-;

Autocar

3

6

,_100

pref

conv

10

% Jan

<

.

Jan

No par

Powder

Austin

26
3

25

Refining-..

Covp_

3
19

74

SS

I

Atlas Tack

350

17*4

W

7

116% Apr
6% Jan

par

Jan

21%

75

Jan

39% Apr

91

16

July 11
152% July
6
15% Dec 20
49 > Jun 28

.

8% Jan

139

10
,—14
-.100

22

1667a Dec

156

56% Jan

Dec

31 % Jun

26% May 17
Jul
6

nai

—

Dry

conv

5 %

10

21

17% July

17%

85

non-cum

Atlantic

Dec

16

.;.

f Jan

12

33

preferred—No par

Cork

Coast

&

5%

11% Mar

Dec

—.—

Atlantic

300

"79

26%

V

1,000

116%

78

5TS

12,500

*116

57b

6

83*4
103

Apr

Feb

35%

5

3

47%

144%

4^-'/8 Dec

ay

Nov

Apr
May

3274 Mar

56

Illinois--—-

of

preferred

6%

167V

f

18

11

1 no
Atch Topeka & Santa Fe—_——100
5%
preferred———
100
5%

Atlas

14%

15 %

2d

490

78

i%

15%
•

Dec
Dec

36

43% July 10
165 Va Dec 29

1

preferred
preferred-—

1st

1%

200

10%

Jan

Feb

No

Corp——

6%
.

62%

14%

15

10
*'

38 Va

*18%

Jan

>:

25

29

Assoc Investment Co .——.No

57

21

8%

12%

18

-100

No

Mldl'd.

Constable

Associated

62

116 7V

j.

No par

;

Cable—

&

preferred

Artloom

57

11

69% July

3
13

Glass Corp——

Co

1,000

62

*76%

>

7%

57

21

1674 July

Jan

36Va Jan
Jan

& Smelt

$6 conv prior

.■_

16%

77%

'

&

Armour

16

77'.

.

Elec—

preferred7.
Mining

7.700

'>

12,300

113

Jan

..

9

preferred

Daniels

Archer

16%

*18%

•

,

Paper Co Inc—

Arnold

741/,

113

lO'/s
54

30

100

Armstrong

54%

32%

Aug 14

17% July 10
77% Dec 11

180

18% Sep
19% Dec

100

Corp__

&

conv

1,800

37%
v

Oct

37 Vs Dec

—

Copper

W

P

40

537V

33 Va

16

116%

*116

76

xll3

16%
61

103

3974

*72%

57

*56

*.l8r'V. 4 21
10%; 10%

20 %

*76%
15%

1074

82

:

-

53 74

113%

113

83 %
103

52%

79

3174

56 % •

60

82 Va
103

53%

3674

36

16%

60'4

60

116%
*

10

103%

52*4
*74

113

16

1C
*56 %

-.

31 Vs

30%

*112%

103%

83%

103

52%

*74

•

V

83

82%

Wks

2,700

*

107%'

103%

173

Oct

48%

■>

154

7

100

Woolen:——

Hock

div

$5

■

2,300

110

106%

106%

Feb

3

-.25

preferred

prior

1,300
<

<«4%

108

1st

$5

210

*43

Jun

22

—25

-

Amer Zinc Lead

500

>

44%

•

Oct

<11%

13

•> Preferred

1.400

>

*43

*106

Water

American

27.2^0

112

111

44 7V

45%

Jan

21

—

Foundries InC—

preferred

$6

100

.4 12.600

115

112%

Jan

6 Va

13% Feb

Tobacco.——No

Viscose

American

200

115

115

112%

16%

26% Jan

Tobacco

Amer Type

/5.700

*110

113

1.12

29

127/e Aug 21

13% Jan

Telep & Teleg Co—

> Common class B—
> 6% preferred

8.900

111

114

Jan

100

Sumatra

Amer

American

870

;:

115

*113 Va

114

J an

3

146

Oct

4% May

wi

18%

607/a. Dec

12% Jan

-25
100

Apr
Nov

.4 36

29

par

Preferred

200

•

19

*111

Jan

66 % Dec

62% Jan

147

27 Va

125%

Jan

Jan

>•3% Aug 10

Sugar Refining

3.900

10%

18%

=

American

11%

10%
19

27

3.500

114

11%

Jan

20Va

31

116 %
x26

15

Oct

7%

19% Jalv 20
25*8 Dec 14

1.037V

19

-

10

"

19

2

21

20

7%

10

11%

11%

>1074

18%

103

Jan

Dec

43.-.;. Dec

15
18

20

32

par

26

130

Feb

115% Feb

Jan

53%

112

44%

Jun

10 %• Jun

16% Jan.

4*4

113

108

15 V3

Feb

15

114

113

*43

Jan

7%

22% Jun

14%

67V

■

114

45

447/V

.

103

*112%

5

*11.I

*106

12%

5

par

25

*53

53

*102 7a

10'V

*43

15

12% July

par

1,100

11%

447a

24% Dec

4

Copper Mining

18*4

•*43

29

8% Jan

par

Wire

10

.

14*8 Feb

No

Co

Anchor

117a

*18%

Sep

par

——-No

Foundries

Anaconda

11%

18%

82%

Stove

Steel

Oct

17% May

'

Stores———.No

6

4%

47

Nov

>

American

108%

13%

Jan
Nov

preferred

Anaconda

*112

39%

13

Jun

Feb

68

Snuff——————

1.580

4%

7 %

No par

V

14

Jan

American

>.;'•

114

5%

16

-—

1 66,600

'.

50

Sep

9% May

15

18.50

V

4%

May

66%

Jan

28 Va Dec

-No

Co

;

14

5

\

Jan

111% Dec

Razor

39*4

*112

Jan

4%

4

163

30%

•■■■'.

May

4

100
—.-25
100

——

.Mill—
preferred

38%

4 74

70

2

Amer

63

25

Jan

Apr

37%

900

1.300

8%

Jun

7

3.700

...

101

4074

23

i

;

119%

Apr

Jan

10

3

non-cum

4%

Jan

Smelting & Refg———No par
100

6%

Jun

3674

14% Feb

14

Ship Building Co—,

American

Jun

July

80 Va Jan

46

Feb

Preferred

87*4

"> 26

Feb

9% Aug 10

Jan

Amer

1 V Dec

25

9

conv

May

53%

23

12

40

Preferred

4V2 %

,

>..•9

35

7% Aug 18
5
79'% Dec

par

Amer

63

25%

M

% 12 Dec 18

Apr

'

Jan

2%

76% Oct

".ro7

par

American Rolling
.

Jan

5 "V

Nov.9

46

-39% Mar 31

Stand San'y—No par

Rad

Am

Jan

46 >/8

5

Jun

,

7V.i Apr

preferred-.^
No
preferred——No

S6

n

1%

'

65

10

29'V May

67'4 Aug 18

6

30 Vs

-

7;

102

10'

Jan

68

Jan
Nov

5% Mar 16

21

30%

*25

27

;

6*4
22 %

>

6 Va Jan

No

39%

10

1074

13%

:

11%»

*10%

5*4

17a Oct

—No par

20 Vs

114

114

44%

74

108 V,

6

26

13

Mar 22

29

Jan

M

i4 % Aug 17

.

VllVaDec

Jun

1.680

63

104 V4;'

.104

114%

44 74

115

4414

>

9%

9

Jun

100

39%

53

6%

104

104

.

5%
63

14 74

53

6*4

6%

109 %

6%

114

4 74

53

52%

4

10*%

109

2574

14

4%

4%

8%
*99*4

9Va

4%

6

25

Apr

23

No par

39

*112

14

9'/«
100 V3

9%

Jan

8

100

30%'

39
25

25

*24-%

'

1%

2% Mar

f14,0C0

15%

*119

119V4

Dec

>.

.

48 Va

87V

•

63%

.30

.30

38%

6 Vu
62

62

29%

:.

.

.

62

,.

15 74
•

100 Vs

9%

1087 a

108% ;i
6 .74

*1077a

107

47%

'

54 7s

44% Feb

15.100

145%

47%

15*4

47

-...

Dec

No par

Co

News

American

Seating

66%

145%

15 %

42%

1

—

Safety

297V

66%

66*4

16%

.46%

8%

*111%

131%

preferred

American

66

66

16

28% Dec

:

164%

164

66

6674

1457V

15*4

3!)

674

29%

30%
164

66

36 Va Dec

par

-No

Co

Amer Power 4 Light

•

"MM

Feb

Jun

14

9*8 July

—

Fdv

Metais

American

'

*29%

163%

66

18%

104%

1

53%

29*4

.46%

2974

104

54

53

163%

6574

Dec

Jan

preferred
—50
Locomotive——No par

Metals Co Ltd

Amer

600

18 7 V

29*4

':

Ice—

preferred

:iU 6%

""v''.'-

23 74

131%

13*4

97%

2——-——r*--. '

1.400

.

2$Va

17%'

131*4

7

6

21% Sep

_5G
—.1

Products

Home

11% May

Jan

6*4

18

Aug

20% Dec

107% Dec

conv

7%

230

44

22*4

163%

29%

27%

%

5%

/ 2.700

156

18

x53%

15%

9%

53'

>•'

*152

28 74

*130%

46*%

38%.

*52%

7

'

.i

23

131*4

:

29

3%

44

■

Leather—

&

preferred.;.

conv

-.Bights

50

>66%

17*4

V

.

62

*59:

5%

American

2,280

f

1
■■>■

23

%>

100'b

8*4

30

>112% May

7

19

'

119''a

8*4

'27%

■

56%

65

,1457V

145 %

74

131*4

6574

.

28

56%

1637V 164 74

65

15%

"

44

18

-

65.7 a

...165

156

23

65

65

44

18

.5674

29%

163r,u

*99

29

15

5

116% July

Feb

Mar 10

14

Jan

<35.600
;

41*4

40%

166

*152

■

.

22*4

132

130 Va

20%

1637a

44

156

18

55%

:

*23%

.46.',4

*

23%

17%

*

*119

*152

27%

27%

56

130 %

43*4

-

'156

*23

135

15%

407V Dec

3

3,300

'

23%

-55%

145.

19

4,500

38

37

41*4

41 Va

165 VA

"

'44'/a

a

♦153

>"

38 74

3774

7V

16474 165

; 166
'

>4%

'27*8

42

41%

41%

4074
166

38

4737

38

36

37

40%

•:■

18 V*

.18

18.

18

156 v
V 27%

*22%

Apr

3% Jan

10% Jan

Nov

96

29

101% Feb

61

•?

19%

18 V8

18%

*1874

•

*42*4

>33

131 Vs Nov

18.

100

'40,800

78

165%

*153

.-10
—1

Apr

78%

&

16%

75*4

18 %

40%

Jan

&

1

15*8

18%

36%

Jan

I 39

7.900

*

*164

7

13

Mach

12%

:>

12

July

107

115% July 24

1

108% Feb

preferred-^
Amer Internat Corp——-No
American invest Co of 111—

••?: 9.100

24%

94% Dec

Ampr

59*4

80

Jan

25% Anr

Amer Mach

65

59 >4

Nov

18%

Jun

45%

59%

'

8

6%non-cun.

180

Jan

„

V

£9% Dec

10

A 14,900

24 Va

30

27% July 15

42% July 14

18

Jan

»

2%

91% July

185% July

10

:>

42

2%.

2%

4

26

15

Jan

Nov

Jan

,

100

65%

%

68 % Jan

4

;

;V 2 Va

2Va

33% Apr

Aug

9% May

Jan

3*4
71 Va

168

14

Apr

43% July
134

15% Jan

;

131

•Jan

183% Nov

1,0% Jan

conv

P 4^0

27

131

26 V4

Jan

127%

9%

Jan

27%

25

59

20

4

137 a

26

131

131

1

100

Inc——-No

Cable

&

An" r'can

300

4%

18

Sep

14
July 12
95% July 13

May 12
Mar

pur

-

500

75

18%

.

12%

26%
132

22

8

82

a—100

—

American Hide

>7,300

2?%

Va
13 Va

22*4

27

—

47

Oct

46,

133

par

109

109

110

22 V4

19% Jun

14

12

No

|.

15%

18%

*

*108

Nov

3

7% Jan

American

8%
50

"27%

60 Va

176

178

27%

*8VB

2%

> 11 Va

15%

*49 Vs

27%

65 7 a

■4 651'4
59 V2

11*4

49 '4

12%

12 ]/a

42

2% V

2%

4
V4

22-%

*130%

132

8

49

8

7

9%

9%

10

27'4

110

25 Va

25*'8

25

*130

9%

61

26

200
8,200

•:

Jan

72% Dec

2.300

72

28

22'4

12*4

Va

12

12%25%
130

72

74

*72

Dec

Nov

4.400

6%

50

•

109

22%

6*4

6%

'18 3a

8%

6

107

•.

69%

Jan

14

1
-25

American Hawaiian SS Co

49%

69%

6974

500

27

preferred
:
100
Chicle—>——_—-No par
American Colortype Co
-10
American Crystal Sugar
10
6 %
1st
preferred-- >_>
100
Amer Distilling Co stamped
20
American
Encaustic Thing
1
Amer European Secs__———No par
American Export Lines Inc
1
Araer & Foreign Power.
No par
$7
preferred———
No par
$7 2d preferred A_—
No par
$6 preferred-^——.
-No par

3,900

*6%

77 a

7%
27%

109

22%

67a
97a

*49 Va

28 Vs

*108

108*4

22%

*176

5*4

#47

49

69*4

72

7 9

50

*49 Vb

2*8

£> 5'4

5%;

5 Va

*47

69%

72

8V4

*7*4

8%
50

*42%

Va

6% >

914

8

28

12%

V

Sep

45% Dec

Jan

) 1.300

16,500

72

*71

27%

25%

92%

41%

'"7

7

67 a

*48%

130

92%

41%

34

23

■

9 74

*7%

>'

47 Va

69

1

1-1

7%

.9%

*46

69 Va

687 a

72

*77,

46 Va

*45"

1-1V

•.';7Va

41*4

5%

•'•'•'5.

5%

5 Va

70

6o74

fl'iV

93

41*4

*91 Va

:

42 V

,

2'4

'

46

*45

41

....

2'4

'

93

*91 Va

,

41

VV

40

5 74

Va

5

'

2 Vo

2V4

2V«

2%

2 Va

Jan

Jan

.—

?. i

%

23

60

._

..

\,

107%

33%
%■

'

1,800

Jun

14

par

5%

2.400

Oct

%

317a Jan

23IV July

37% Jan

2% July

31%
86

May 17
7

126% Apr

>

in

Jan

Dec

par

Fdy__——No

Jan

1

Sep

Jan

25

—

preferred

%

:

.

in

m

X67

Apr

American.

450

';

T

19 Va

6

13

16

100

&

non-cum

Chain

Am

120

■

14%

18%
107%

37-a;
.11

11 %

:

' '

'14

34*4

:/> 3%
•

V
>

106*4

33

3*4

3*4

27*a

27*4

19'4

:•

126

*125

14%

18%

11',4

3*a
*11

11*4

-13%

106 VV

33 %

327V

8

19 >4

32'2

107

106 %

3r'«

*

13 7

19

13%
'

33%

3%

110

126

1%.

4% Dec

40

_1

Preferred

■'■I. 1.000

•

23*4

110% July 17

10

No

Jan

ifii'i

5

.

Sep
Dec

43 7V July

6

42% Nov

4

16%
97

Jan

5

24 Va Dec

Mar 29

26

July

118

</
..:.

Jan

26'/a

13%

5

73*4

17%

7

12

par

*.

American. Car

7.100

9B

24
19
19

Jan

2

82

,

Co_

Can

July

Jan >

6%

50

(new)-

Radio Corp

&

Highest
8 per share

share

per

20

40% July

103

28% Jan
par

preferred

Caote

American

40

,

40%

137a

107

184

41
99

>18*4
*

183%

184

40 Va
99

•27

13 7«

Amer

34,500

93

99 7V

125 '/a

19'a

134%

*132%

12*4
93

40

*110

128

134 Va

*132%

11%
91%

-

19Va

27%

134

*132
,

Apr

17% Apr

.:

„1

Corp_

Brake Shoe

5.% %

105
•

-

No

Corp

—

Bosch

American
Am

<

par.

100
No par

wote_:

preferred

3.700

47

99%

*13%

11 %

17'4

46

184

'397 s

27

*ioo

17 V8

46%

11*4

*182

110*4

*126

6%

2,000

17'/a

46

90 '4

99'*

27

73%

17'4

46*4

3

Cliemical_JVo

Airlines

American dauti

6.000

$

share

per

22% Dec

27

33 Va Apr

No

Petroleum

American

180

17Va

ll^b

:•'«■

40

*uo

75

74

17%

"8958

184

Vs

22%

46

134

■"132

11%
90

99

8.500

22

14% Jan

96% Jan

Mfg

Agricultural

Amer

1.300

46*4

22

74%

29%

17%

*45 7a

131

11 %

•

-

29 Va

45%

—

preferred—> —

6%conv
Amerada

2,800

29'4

21%

75

114*4'

113 Va

-

No par

100

Corp

preferred——

conv

$

share

per

-

Amalgam Leather Co Inc

300

46%'

29

•45*4

2114

21 -"

'*74

■

115

4%

t

Par

Alpha Portland. Cem__„

2.000

44

>

Lowest

Highest

Lowest

/;•

preferred

Allis-Chalmers

600

■> 1.700

4%

..

>

,

r

90
39 Ms

75

Va

4 r■••■*42

5%

<9.100
.

23*4

48

17%

45*4"

.

28 V
46 1

"73

2

17%
454

"132

7V

113

>•

40*4

23%

Stores

Allied

200

114

114

44

V

.

Year 1943
■

V- 4.:';';. V A ;, 7 ■'••>.,

:

6,200

21%
102

>97/8

4Va

*4

*42

112

107 Va

20*4

44%

23 Vs

44

4 4*'a

28

2814

.28

397'a
1147/e

4'/a

43*4

107 7a

107%

38*4
114?8

■V 23%

23*4

*4

4 %

21'/a
*101 Va

102

EXCHANGE

Shares

$ per share

22 Va

'lOl'/a

114

23%

43 Va

"42

2

109'a

109

•'

4

374

374

21 Va

102
39%

38Va
113 %

3874

3874
114

22 Va

*100*4

101 Va

$ per share

per share

22

22

21 *'4

102

2174
102

$

share

$ per

share

Range for Previous

V

STOCK

NEW/YORK

the Week

Jan. 5

Jan. 4

for

Sales

Friday

Thursday

Wednesday

Jan. 2

Jan. 1

Dec. 30

f

Tuesday

■ %>>:

STOCKS

SALE PRICES

LOW AND HIGH

Monday

Saturday

Monday, January 8, 1945

CHRONICLE

TIJE COMMERCIAL & FINANCIAL

114

9*4 Aug

B
26

2674

12 7 a

13%

.

22%

22%

"•22'.a

14

:

14

'•f 13

68>4

31%

177 a

177'a

30%
7

14

70

*69

68 %

31

:

Va

17%

70

23 Va

23

23*4

30.100

14'%

14*4

14%

3.900

71

*70%

70*4

7.900

Barber

30%

3174

17'%

*17%

.17*4

800

*5074

51%

50%

5074

200

17 Va

17%

17%

17%

17%

23.600

19%

Works'v t

Ohio—

Aroostook
5% preferred

16*8

19%

.19%

19 Vs

19*8

34%

34%

33 %

34

37

37

37

107%

*107

14*8

14

.

%

108%
147s

•19%
34

*36*4
*107

14*8

*37

page




123.

38

*37

"117

38
119

120

118

20

30

20'4

12,900

34

34%

34%

34

34%

3.400

37%

37*4

37%

37*4

37*4

500

20 Va

108

14%

37*4
118

-

108

13*4
*37%
*115

108

14%
38

120

*108

13%
*37%
*115

110

14%

40

38%
120

5% % preferred-Barnsdall
Oil Co__;
Bath

Iron

Bayuk

Works

100

Creek

Jan

13% Dec

26

374

Jan

10

Apr

6

Jan

Apr

3

23

1474

9% Jan

2374 Dec

3

14% Dec

14

Jan

12%

9% Jan

5%

14

34%

Jan

Dec

4

68 % Dec

63 Va

Jan

3374 Dec

16

July

25

Feb

28 %

21% Apr

12

60

•

5

12

Jan

4

18

July

43

Jan

24

53

Aug 21

1474 Sep

13

,5

Corp__

29
18
5

9

25% Feb

15

34% Nov

Jan

11

38

No par

105% Jun
7% Jun

24
8

111

1

Jan

11

38

111% Jun

12

121

No

par

25
-

-50

RR

Beech-^Iut Packing Co.-.-

18% Mar 17
1974 Dec

14% Aug

1

Corp_.

$4.25' preferred——
Aircraft

10%

3

No par

Creamery—

Beech

15

Dec

24

2674 Dec

20%

Apr

5% Jan

18

--———50

Inc———

Cigars

Beatrice.

50
—-100
——10

Barker Brothers——:

Beech

20,500

-

Asphalt Corp

•

17 Va

13
100
100

c

L

&

Bangor
Conv

3074

&

preferred

4%

80

17%

17

For footnotes see

Baltimore

30%

51%

*?7

89,200

17%

16*8

*116

13%

51 Va

51%

1474

13 Va

•

31 %

16*4

:

Baldwin Loco

17%

51%

i *36%

13.800

30%

*51%

•

70%

26 Va

30%
17%

51 VB

*107

70

25*4

....

v

3.1

31•

Dec

Oct

11

29
Dec
5
Nov
6

14% Dec

Apr

Jan

1574

Jan

47

12%

Jan

19 %

13%

Jan

20*4' Mar

5%
30

23 Vb

Jan

*29

Sep
Sep

July
May

33% July

24%

Jan

105%

Dec

7%

Nov

14%

25%

Jan

33% July

93

Jan

X110

114

Sep
Sep
Aug

Number 4349

Volume >161

FINANCIAL CHRONICLE

THE COMMERCIAL &

•

RECORD

NEW YORK STOCK
Tuesday

t per

f per share

::Z

7

Jan. '2

Jan. 1

Dec. 30

v

t per snare •-/: v

share

" •*

STOCKS

SALE PRICES
X.
Wednesday

AND HIGH

LOW

Monday

Saturday

'

■

Jan. 4

Jan. 3

'

t per share ;.v

l per snare

12%

12

12'A

12'A

12%

12%

12%

12%'

14%

14%

15%

15%

15%

15

15%

15%

16 Va

48%

48

48-

48'A

48%

48%

48%

48

48%

20

20

20 Va

f 20%

47%
19%

20

*55'A

56

20

-

38'A

38 Va
18

38 %

66

--

127 X:r

48%

v

23'A

:v

23

14%
21

*20 Va

19Va

*19'A

19%

*106

15

21%

*19%
109 %

•'; "•

14

18%

19

18%

49Va

49%-

50%

50%

50'A

96

96

96

96

96

55

63%

53%

53

53

*53%

18%

45

*112%

115%

114

114

33%

33 %

33 Vb

>,39 Va

38%

6

6V4

*43

Va

51
11

39'A

40%

•

v,

11

*50

51%
21 Va

21

/

11%

41'A

52

*50

21%

21%

-

V

25

13%

52

<

13%

*123 Va

125

10%

10%

10'A

•

*22'A

19%

19%

19%
49%

40

40

39%

113

*110%

•

V

-10%

10%

10%

22%

23

23 *

20 'A

20%

20

49 Va

49%

20

20%

49%.

4

l'A

*107%

9'A

9%

-

*107%

9% '

•'

Bruns-Balke-Collender

49 Va

"1,600

100

14'A

''9

-

81

81

*82

70'A

72'A

71 V4

71%

70

71%

15

15%

14 Va

15

14%

15

14%

15

14%

15

*30%

31

30%

:>

/

*30% X 31

31

31

;

3%

3%

16 Va

16%

95

95%

3%

3%

3%

16'A

17'A

16'A

16%

94%

95 %

94%

96

95%

96

22

23

23

23%

23

23%

23%

24

*27

27'%

27%

2734

27%

27%

28

28'%

*54%

56

55%

55%

1%

1%

3%
16%

;

3%

94

94

;

23

23

27%

27%
56

16

V2

I

•

"■

%K:

•

•

JuTV

29

38%

Jan

51

Ju'/f

48

Sep

21

17

Jan

35

Dee

117

Oct

6

7

22'%

Jan

30

Oo»

41% July 17
7'A July
3

26%

Jan

39

July

2%

Jan

6Va

34% Dec

.

Apr

Jan

38 %

Dec

Nov

14%

Nov

Jan

45

Nov

22'/4 July
49 % Dec

25% Dec

30

14

Dec

16

6%

Jan

10'A May

129

Dec

6

104'%

Jan

118% July

8

3

Jan

9% May

8

43

Nov

54'A Aug

Nov

10'/a

Apr

8.'/a Jan
116 0 Jan

3
6

5% Jan

4

47'% Jan

.

-

Oct

Oct

3

31

12% July

8% Nov

5

30'/a

Jan

44

37%

Jan

44% May

1

9'%

Jan

18'A

7

29%

Jan

13

Jan

42'A July
20'A July

7

53'% Oct 23

12% July
77% Dec

'

14'A

Jan

18 Va

July

16

Nov

29'A

Apr

13

.16% Sep 19

9

49% Dec

247%

Jan

3 5'A July

29

20'%

Jan

31'/a

May

109'A

Oct

Jan

15%

Jun

105

111% Dec

21

15% Jun

30

9%

9% Dec

30

2% Jan

Jan 3
Jan
6
43% Apr 25
8% Jan
4
28
Feb
8
2% Apr 25
12 V2 Apr 18
'67'% Jan
3
20
Apr 18
4
54

(

30

40% Dec

May 12

27% Jan 25
107
Apr 17 !
1214 Jan 3

100

Jun

6%

20% Dec

31

1

July

11% Jun 29

22'% Dec

—.-No par

Jun

Jan

33

July

4

Jan

Apr

20%

50

3

<

12%

44% Aug 23

7'/4 Apr 19

.

31%

*31

31

3%

16%

3%

3%

16%

96'A

13 V4

f

.

Terminal———-————1
24,300
6%
preferred
100
80
Bush Term Bldg 1% preferred—100
-•>:•. 730
Butler Bros
10
9.800
5% crmv preferred—
30
V 500
Butte Copper & Zinc——
5
14.400
Byers Co (A M) —
No par
9.200
Participating preferred
100
600
No par
4.400 AByron Jacason Co

82'A

72

9ft V» M» 7

20

Bush

9 Va

<

81

69%

2l'A Mar

Jan

Nov

39% Jan 1G
17'A Jan
4

Adding Mach-—-No par

Burroughs

7,400

:

,

41'%
85

8

28%

par

Burlington Mills Corp
5lo preferred —-

July

11% Nov

45

17

Watch

Bulova

Jun

100

53

—

Bullard Co

j

19

Jan

21% Aug 25

1
——-No par

Co-

Forge

2,100

110 Va

Xr.:

No

-

.9,100

?•

43'A

14'A

■•

Buffalo

700

20'A

Wheel

Budd

July

Jan

9'%

.76

Feb
/
Jan 4
Jan 28
Jan 14
40% Jan 4
14% Jan 13

100

Mfg—_———-No par
—No par

(E G)

19 %

/ 13% Jan

Dec

7

40%
8%
27
39

■

preferred

$5

980

;,// 8,700

10'%
>23 'A

./:' 43

X-/

Budd

76% XXX;

80

83

12,800

'

80

*82

7%

•

69%

.

40

125

Jun

3
1

t

5

Co_».———
preferred—.

19% Mar
11 Va

40

12% Jan

—No par
.—No pur

Bucyrus-Erie

110%

9%

9%

Brown Shoe Co—
3.800

Jan
Jan

37?% Jan

:

—5 '.=;
No par

—

4,700

66%

80

e-5

Brooklyn Union Gas—

•

"

14'A

Co

Bristol-Myers

v

24 Va

49'A
V

110

14 Ve

>•/

-

;

42Va

42 Va

42%
113 ■;.»/,

14%

14

14%

;

45%

75%

10%

v

15,200

>10%; 710%

22'A

4 9'A

v

100

7,200

.

,13%

-

103a

41'A

9%

9%

9'A

125

76%

:\

.

-2.50
Brewing Corp. of America
«15
Bridgeport Brass Co———No par
Briggs Manufacturing——~No par
Briggs & Strattoh—^^,No par

1,600

/;

/ 13%

■

10%v

,

Corp_——
5
(assented) _100

Jun

Apr

121% July

55 Va Sep

46% Jan
4
33% Jan 26
109% May 8
28% Jan '3
34'% Jan
3
; 3% Jan
3

100

-———

V Bower Roller Bearing Co—
Braniff Airways Inc—

'

v

.

,

22%

0 /

125

■

41%

24% :
>

76

113

13%

14%

14

13%

*123 Va

125

-———»

12
13

Dec

,

:•

Jan

6%

27

98

Maine RR

&

Boston

5

Jan

17

69'A

Jan
Nov

16

'

19

52% Jun

(The) —,——„i——^lb •

Co

Borg-Warner

•;

9.300

V:

52%

25% '

13%

a

>

•

*44

24%

"

-

•11%

•% 22%

V. *51

46%

*44%
/'■■
/

-.50

.

41 %s

22%.

X22%

10%

49%

*110%

12,900

39%

52-

'

*47 V

;>11'A

•>:"

42

10%

19%

49%

400

I:

-5

•
.

76'A

22 'A

49%

2,400

3,500

•*..■

22%

10%

10

10%

22'A

4.800

.

,

Inc

preferred

Borden

:

6Va'
■>

i;

.

> 103/a

75V4

*22 "4

\

...

Stores

Bond

j

4%%

f'

39

44%

•:

-

75%

10%

74%

300

B

Class

12% Jun

July

27%

5

30

9

45 - Jan 26

38

Jan

54

19% Nov

88'% Apr 18

i^ep
Nov

110%

Oct**" 7

—5

class A

Co

Ami

400

19% •*•20%

39%

25%

13%

74%

70

•;

.

ft.34%

•'/• 44%

>

*11%

U

*44

25

13%

74

45

:>«34%

v

•

11 Va

39%
41%

•

46

46

25

10%

;

■

.

Bon

Apr

17%
57

8'%

;

18

"

109

11% July
20 % Mar

39%

22%

66% July 11
Dec

Dec

Nov

54% Feb

.

20'A July 15

No par
No par
1

Bobn

30

114

' :• V v 38%
< rv
6%
•

20%

*47-; f50
•

22%

*44

*123'A

:

54'A

114

-V

41%

13%
125

4,000

11
24

130

I per eh* re

; 33
Nov
13% Mar

41% Oct 21

93'% Mar 14

—5

Boeing Airplane Co
Aluminum & Brass—>

48.000

50'A

*43'/a

/ 7

<

>

39%

25%

*123%

20'A

54%

44%

19%

Vll%

39'A

13%

46

19%

20Vs Dec
56'% Jan

'

*44

50%

*47

•V::

v

24%

*44

-

9%
9Va

4

115% Feb . 2
51'% Oct
37% Feb 24
25'% Aug
16% Jan 3
15Dec
3a
16
4__ ,-.22 % Dec
20-A.Dec
14'A Mar 14

,

100

preferred

Blumenthal & Co

49-% Dec

Highest

< per share

13
July 6
15% Jan 11

Jan 3
Apr 25 >
Jan 13 /
Jan 4

15% Jan 20
56'AJan
4

Bloomingdale Brothers———No par

30

50

•6%

6%

6 %<.:-•

109'A

.

230

*94'A- .96

39%

<

300

19%

*107Va

"X

>y-

21%

19 %

''

41%.,
52 ■ A,

*50

21

"£

,

10%
10%
33'%
17

'33% Jap 28
•

1% preferred——
100
Blgeiow-Sanf CarU"fnc»».-—No pat
Black & Decker Mfg Co^-aNo. par
Blaw-Knox Co-^.—--*IVo
Bliss «fe Laughlln Inc
<.»
—5

.

4

I per share

53% Nov 30

Best

•

■,

600

•

Co

&

Foods
.-1
Belhlehera. Steel (Del)——JVo par

*

800

X'i >.

49

7,* 20%
v.

34 'A

34

19%

39

41

45

39

44%

50%

10%
38%

x

41%

V

*47

.

10%
38%-

14.000

114

...

a

44'.

19-% 719%

V

54

45

39
•

14 Va ".'•14%

19%

114

A

■>N!t 19%

/•V 44

*43

20'A

*48

6%

6'A

*6 'A

44

19%

33%

•1.80C

96%"

53%

34

38% xVV'f 38%

33%
39

,'?V

114

V

50%

50%
*65

45%

45%

45

45
*112Va
.

•23%

\

19%
109%

'

*44

127%

23%

:

.

42.300

--

■

8

Year 1948
Lowest

Highest

t per share

.,,

pfd $2.50 dlv series

Pr

Best

4.900"

X
.••••

21%

18%

19

18

49%
*95

2.10,0^

18%
69%

••"127%
> 49

:\

14%

Va

' A

•

Par

Loan———No par r
'38JVo par ,
»—■
—No par .

Indus

ueueiicmi

1,400

•>

17%

23%' '23%

109 "2

*106

49

49

1.

68%

^

127%

*21

19%.

*19'A

109%

.

'>

14%

21

19%

109 %

>127 'A

49

23%

21

'■'

14%

14%
21

*106

127 %

49
23 %

'

;—-39-

-

^9

68%

>.

56%

a/,/

Year 1944

Range for
Lowest
/•

j
.

Aviation—.

Bendix

5.600

,

Range for Previous

-,AV

■

./, X,,/;,;

Beli

37.300
V

•20

20

*55%

18%—18%

-

68%

127'A

.

'■''■■>■

49

23

14 'A

39

18 Va *%«%

/X' 66

.

56%
39%

*55 %

39%

,.39

18%

127

50
►-

23 'A

56'A

*55'A

65 Va X X

.65

127%

*48 Va

/"

38'A

18

lSVa

65 %

127%

20

;

*55"- -56%

/

;

:

.

Belding-Heminway ———No par
Airmail Corp-..
4
xA

1.500

,i

12%

11%

14%

EXCHANGE

^

■;

viv•„/_

Shares

per share

9

;; '

the Week

Jan. 5

■

NEW YORK STOCK

for

Sales

.Friday

Thursday

Jun

6% May

4

41

Jan

75

70'% Dec

9

21%

Jan

49

15% Dec

12

5'A

Jan

10% July

31% Nov

3

20%

Jan

29 '/a

Nov

Jan

5%

Apr

83

Dec

May
Oct

8
19

2"%

17% Dec

9'/a

Jan

18'A July

96

Dec

16

65'%

Nov

83'/a

25

Sep

1

16

Jan

25 '/a May

3% July

Apr

li|A
•>5478

1%
8 >/

1%

1%

1%

7%

7%

20%

20%

20%

34 Vis

35%

34

*45%

47

*45

11 Vis

33

*54%

21%

62

A

A A 33 Va

333/4

5%
36%

113/4
*48%
11%

11%

54%

£4 '/a

54 y2

*116%
33

62

7./:

36%

34%

2254

22%

23 Va

62 3%

63

5%

5%

5%

5%

53/4

36 3/4

37'%

36'A

37'A

37

38 y8

37%

-

38%

105%

127%

127%

*105%

223%
*62

49

•

37%
105%

14%

14%

14%

%

*127

128

50%

1.100

A-

38'%

•38%

105%

105%

105'A

*127%

127%

14%

14%

15%

19%

/>X19%

19'%

18%

19 »A

21%

20%

20%

20%

21 Va

4%

4%

4%

4'%

4%

*111%

111%

*111%

111%

111%

111%

12

11%

12

28%
12'%

*12

*12

7

•a:

7%

129%

129%
22%

22%

*22%
29%

*28 Vis

29%

28

*12

34

34

s.

7

12%

27%

12%

V:

33%

33%

33%
129

«

12

28%

> 21**

-

7%

7%

28'%

29%
114

114

*111%

'A 12%

41

*40

41

41

41

14%

*14%

49%

50%

50 %

29

16%

16%

22% '

41

£)

41'/a
14'%

A

51%

51%

51%

IV*

7%

7'%

16%

\£r-

A'A 200

52%

16,500

7%

.

C'a

7%

7

6,200

6%

7 %

6%

7'a

6%

7 Vs

24%

24%

24%

24%

25 %

25 Va

253i

25%

25%

25 %

25%

25%

27 Vis

28

28%

2 8'/a

28%

27%

28'%

16,100

56%

56 %

56%

*20%

20%

21

20%

20%

19%

57%

58%

58

58%

58%

21

21

21

21

21%

20 3/4

20%.

20 %

21

21

2134

21'%

4"^'

49

57'%

=—

49 V'u

*48

54

*53%'

54

*15

15%

v

'

:f

-*14%

15%

16

16%

*16%

217%

16%

3,600
-K

49'%

*49

49%

49%

54

54

54

54

15'%

15%

16

16

15% .153/4

16%

16

16%

16%

*53 "4
v

10,600

213%

:

*16'/4

50

*47

*53%

,

ft

.

11,100
200

v

130

54

300

A.

1.70U

16%

4%

4%

4%

29%

31

31

31%

31%

31%

31

31%

*

97

94

94'a

9 4'/a

95%

94%

95%

9434

95%

20%

20%

21

21%

2l'A

a

31%

321/4

-A'

31

4%

4%

20%

20%

20%

20%

31'a

*30%

31

31

31

98

98'%

98%

99

99'%

99%

*98

99'%

10 "a

10'/a

10 Va

10

10'/a

X

49%

50

50%

49%

50

/

•

10Va

io%

10'a

10

*48

50

49

49%

49%

*165

175

*155

175

*170

175

*160

175

*88

94

*89

94

"90

94

*90

94

110

110

*9%

•

109%
*107%

109

109%

110
45

*44

45

*44

*107%

44%

109

*107'%

*93 Vis

95

*93%

95

*53 Vb

56%

*53 %

56%

34'%

34 %

34

37%

37%

*37%
*150
136

137

137'%
62'%

62%

62%

139'%
63

:

109%

44%

45
109

*108

95

*94

95

*94

*53 Va

56'%

*53%

35

140 %
63

35%

.56'%

*

35%

*62'%

63 %

"34

"

33%

33%

33%

106%

106'%

106 %

107%

10734

*106%

34%

34%

34%

34%

34%

34%

34%

118

*115

118

33%

*115

.

"20

A

3.800

118

.

34

25%

29 %

28

28%

29%

28%

28%

25%

28%

28%
26

25%

35%
A

26%
35%

35'%

35%

35

35

35

35

For

footnotes

see

page




123.

"

25%

25%

*115

25%

24%

24.%

28%

30

30

30%

?4%
30%

28%

31

31%

32%

31%

25%

3534
*35%

27%
36

35%

29

27'%
35%

*35%

t

..

29

Cluett Peabody & Co.

Class

60

63'A

Co

Coca-Cola

900

(The)

34'A
.35
118

V

3,900
30

1.600

24 %

10

32

10,000

2,700

.

Colgate-Palmolive-Peet
$4.25
5%

conv

par

Colo Fuel

Colorado

&

&

Iron

4.490

4%

non-cum

29 Va

1.020

4%

non-cuin

35%

35%

35%

1.900

3544

35%

35%

■> 400

1st

par

Class B

-

Jan

40

Jan

97/» Apr
46'A Jul$

Dec

15

x85

Jan

97%

33'/a Dec

29

Jan

31'A Mas

119

22% Dec

15

17

Dec

2

Dec

5% Oct

25%

65

3%

Jan

Mar

16

32 ya

Dec

152'A Dec

29

127%

Jan

39

Dec

106

Nov

40

July 10
40'% Jan 24

54

26% Jan

5%

Apr

39%

Deo

147

Dec

54% July
40% Jun

22

06%

129'% Nov

2

Feb

120%

15% Jun

27

8%

Jan

14%

5
July 11

16%

Nov

21

16%

Jan

1%

Jan

19'% July
23

4% July
114

Sep

5

97%, Jan

15

23%

Aug

3

Jan

18%

13

Jan

25

12'% Dec 28

3

Jan

*33

Jan

3

Jan

7%

37 % Jan

Jun

3% Mar
111

1

Mar 20

15

28% Nov

Sep
Apr
July

Jun
Deo

8%
41

Nov

Apr

31% Dec

8

Jun

Jan

3

Jan

24

Jan

4

114% July 13

09%

Jan

109

Dec

Jan 4
Feb 18
Apr 19
Sep 14

46% July 10
14% Dec 26

8%

Jan

34

July

16

33%

50

July

9 Va Mar 25

2%

Jan

9% May

'3

18% Mar 25

7%

Jan

17'/a May

4'%
18
21'%
43'%

Jan

3

Jan

4

Sep 14

21% Dec

38% Jan
47
Jan
13 ; Jan

7
6
4

14% May
1% Jan

4
3

29
7
5
16
ft
12
17
7
3
6

20

Mar 27
Jun 16

Jan

Jan

7'A May
21%

Jun

8

15

Jan

16%
:22

Dec

21% July 12

15%

Jan

49'% Nov

10

36%

Nov

41% May

Nov

9

48

Dec

54

11%

Jan

15%

Apr

13%

Jan

18

Jun

57

19% July 10
17'% Jun 23
6% Oct
30

July

98% Jun
25 Va July

31% Dec

1

25

Dec

Apr
May

3% May
•32'/a

5
19

24%

Jan

67%

Jan

85% July

3

10V»

Jan

15% Aug

Apr

12

96% Oct 26
10% Jan

2%

10

51

16

Dec

32 Va

Jun

90

Jun

5

115% Jan

3

Mar

67

22

185

Jan

Nov

123

Feb

8%

Jun

39 % July

145

Dec

74%

Jun

109%

Jan

% Jun 19

28%

Jan

116% Aug
42% Dec

Jan

12

101 Va

Jan

108%

Dec

Aug

11

84

Jan

92%

53% Oct

17

60

Feb

54

Sep
Sep

33%

Nov

48% Mar

45

109
66

=

38'% Mar 15

40

May

153

Sep

88

Jan

123

July

61

Dec

68'A

Oct

16%

Jan

25

Dec

33'A

July 11

146% July 11

67% Jun

Jan

142

391% July 12
152

»

1

July

——

6

100

12% Jan
Jan

26'A Jan
1

Va

65'% July 13

15% Feb 24
16'% Jan
3

13

2

Jan"

10%

7% Mar 22
25% Mar 22

Apr 25

100

2.50

50% Dec

18

30% Nov 28

:

2.50

Jan

4'%

20

Oct

23% Jan

—No par

i

36 Va

54'% Dec

Apr
July

103%
25%
109%
14%

100

cl A

'•

Dec
Mar

19%

„

2nd preferred—100

Columbia Br'd Sys Inc

51'% July 14
11'% Dec 16

11% Mas
47% Juls

16% Nov

Feb 18
ill
Feb 26
59% July 17

—No par
No par

Southern-.

.32%

38

Feb

16

preferred

Corp

Jan

6%

Dec

145

—No par
1

29%

23

52'% Mar 22
30% May 3
341% Apr 20

—50
No par
—No par
100
—No par

preferred

18

12% July 12

47'% Dec

Apr
Apr

72 Va

15

Mar 2
Apr 25
Feb 29
Apr 19
11% Jan
3

preferred—

Collins & Aikman

27'A

Jan

gtd

"

Coca-Cola International Corp No par

107%

19%

Jan

32%

106
92

No

Nov

13 7%

21

100
50

A_

X13%

Nov

—1

stock

Molybdenum

Preferred

"

24%

25%

Special gtd 4%
Climax

6,200

1%

21% July 10
35'A Dec 30

Mar

Jun

(The)

r

100

-

Clev & Pitts RR CO
■1

36'%

preferred—

Clev Graph Bronze Co
5<&
preferred—

:

*1050

*106'%

*115

t

138

*1050~
34

.35%

137

33%

116

116

200

5%

Clev El Ilium $4.50 pfd——-No

240
V /

152

34%

34%

i

'

139'%

62'%

"

*150

152

139%

63

35%

37

36 Vis

*150

140%

*1050

;

preferred—

Stores
—
—i
5
Clark Equipment—
—No par
C. C. O. &'St. Louis Ry. COJ——100

v'A
'

No par
No par
100

Investing Co new—

City

900

•

•

5'%%

9V»

9

May
Feb
Jan
Nov
Nov
6% Jan
35% Feb
148
Jan
76
Jan
110
Nov
37% Apr

Corp
Ice & Fuel—

Dec

134

24
77%
14%
25%
95

23
5

Copper Co

nty

City
>:''

1,000

56'%

...*53%

35%

35'A

37%
152

Chile

109

93 %

37

44%

44%

"44%

'107%

93'%

*150

110

110

109%

.

.

No par

;

6'%

19
1

11% Jan

50

Chrysler

1,700
270

91

*90

106'/2

33%
*106
.

37%

'

*1050

*1050

34%
152

*150

152

1

'

110

109

175

11160

A

par

preferred .wi
100
Chicago Mail Order Co—
.—8
Chicago Pneumat Tool——No par '
/
$3 conv preferred-——--No par
Pr pf ($2.50) cum div
,tfo par
:
Chicago Yellow Cab—No par %:
Chickasha Cotton Oil
10
Co

27
13
31
22
19
15

1% Mar

13

4
27

27%
11
44
5%

5%

tChilds

24
9
2
3
3

56

Jan

23

5% preferred
—
,—50
Chicago 61 Northwest'n w i—No par

A/-

12
12

30'/a July

Jun

%

108

.——-40

—

Chicago Great West RR Co

.

c

1,300

20%

96%

111 RR Co—No

A

Class

430

31

31

95%

4%

—No par

-

96% Jun
113
Jan
11
Jan
17
Jan
19
Nov
/ 2% Jan
107
Jan
8% Apr
20% Apr
7'A Jan
30'% Feb
4% Apr
57
May

19

Jan

52%

28

17% Apr 13

1
100

Products—

Chic & East

.13,800

4%

„

J Champion Pap & Fib Co—No par
6% preferred
100
^ Checker
Cab Mfg
——5
Chesapeake Corp of Va.—
5
Chesapeake & Ohio Ry—
25

4,000

47%

4%

4%
29%

95%

*29

;

—

Mills——.—No par

Chain Belt Co

36,200

58%

7

7

par

Jersey——L-100

Sugar Co

6% prior preferred

10.900

24%»

100'

de Pasco Copper——No par

Certain-teed

.

v

12,800

17%

17'%

17%

16 %

16%

400

41% aA
.14'%

7%

16%

.60

.

14'%

14'%

7

-

r

800

,1,000

115

41%

51''a

A

>

•v

A1

720

29'%

*114%

JCent RR of New
/ Central Violeta

Cerro

16,300

pat
par

preferred
20
Central Aguirre Assoc
No par
/ Central Foundry Co
-1
v Central
111 Lt 4%% preferred—100

Century Ribbon

r

par

5%

1,200

.

7% "A

29'%

114

50%

IV?

lo %

22%

22%

>>'29

6

129'% va;

/ 22%

>

6,300

■

33%

7'%

t

j

11.100

<

3,400

•12'%

129 %

14%

50 V*

6%

7

6%

'X>

129%

*14%

14'%

*14%
■

7%

7

120

13%
28

33%

34

33'%

9.400

111%

12%

-

1.280
3.600

,;:;

5

12'%
27%

129 Va

15.700

20% r;2l
111%

•A

110

4

6
18% Oct 27
56'% Nov 9
4

100

No
CSlanese Corp of Amer—No
$4.75 1st preferred
No
1% 2d preferred——
Celotex Corp*
—
—No

4

Jan
33
Apr
143'% July
44'A Jan
31% Apr

10
_50
1
25

Co

Jan
27'% Jun
97

5 ;

Preferred

1.000
'

/

15%

•

>4%

111%

12»/a

a;

18% t- 19

A

A'

•A."' 12'/a
13
A
27% •'■27%

114

40%

15

114

29'/*

114

X;i

A

4%

22%

114

19'A
21

4%

3 29%

*22%

22%

18%

.,34%

7'/a

A

38%

20%
••

A 12 %

129%

■

129%

6.600

105%

127%

38

4

6% Feb 10
43% Jan 4

10
100

Caterpillar Tractor

3.200

513%

A -*• 50'%

*127'%

38%

4%

a

50%

50

I)

(J

Case

50

105%

10 %

11%

X

4.400

154

127 Va

20%

2 8',

,

500

63

*152%

153

153

11.300

22%

r

:lf. 42% Apr

v

22'%

24

7% Dec

3

4

A—1

;—

Carpenter-Steel Co
Carrier Corp
4%% preferred
Carriers & General Corp

-

.

106

127

14%

14%

ft

•

X

1.300

A

34

34

730

8% Jan

par

No

—

Capital Administration class
$3 preferred A_,
Carolina Clinch & Ohio Ry

150

ft

117% 117%-^

Mills

Cannon

.

2,300

y

5

Nov

l'A Jun

57

4
9
3
8
7

100
25

Co—

Pacific Ry

Canadian

'

55

*54%

34 %

152%

152

100

,:A'

11'%

'

62'%

*5%

49%
38

49

49

105%

114

$

■"

'

48 %

>.

V' T1

'•

117%

117

34

22'%

V

22%

154

*152%

117

•

50

*48%

a

Ry

Southern

Canada

80
29.600

12'%

.■'••■'cll%

12

50/

No par
5

Campbell W & C Fdy
Canada Dry Ginger Ale

8.600

47

47

47

11%

5%

36%

X./'X 47

11%

36'%

*5%
36%

154

34 3/8

%%54%

A

62

5%

*151%

33%

47

50 A

32%

21%

63

21%
*61 %

117

32%

34»%

%Jan
6
May
15'A Jan
23'A Feb
33% Jan

1
5

Hecla Cons Copper

Calumet &

3,500

A

50

Zinc-Lead

30% July

24% Jan 3
53% Feb 24

par

preferred

5%

Callahan

■

No

Packing

California
V

40.800

7%
21'%

11 Va

>X

54%

116%

734
20%

8

11%

11%

33

>

20'%

*48%

48'%

117%

*117

7%

20'%

34 y4

11%

48%

55

*54%

8%
20%

*45%

*10%

50

11

67.000

7%

47

11%

11%

11%
*48 %

l'A

20

1%

20 Va

34%

■

1%

1 %

"

-■

2.000

55i%

*54%

55

*54%
.

20%

7'A
>■

'

.25% Jan

4
4
4
4

33%

Dec~28

108% Jun

X103%

Sep

1

116

Dec

30

26% Dec

23

Dec

17 Va

7

038

Jan

108

13%

Jan

109 %

July

28% July
114%

Oct

Nov

19% July
19

Sep

29

2'A

Jan

Dee

29

3%

Jan

27% Dec

29

3

Jan

17%

Sep i'
Sep

12

15%

Jan

26%

Dec

35% Dec

27

15%

Jan

26 Va

Dec

35'% Dec

29'% Dec
30

,

19%

A/

/

.■

,

'•»»''# viuSrfvKt
f, 1

L.UMIUWM

/jJtvWutf'rti'hWwi-'.Wtf ^V..v «V'

RECORD

NEW YORK STOCK

$ per snare

jr

4%
'

*87

95

28 %

48

39 Mi

39%

*106 Ma

107%
43 %

42 Ma

16%

16'A

%

tt

29%

^

22 Ma

48

39%

39 Mi

16

f ti
95%

%

21%

49

*47%

'JQ

42%

16'A

15%

95 %

22

48

*106%

4 3 Ma

42%

96

22

88

87

96

■

96

2 1Mb

96%

*95

V

107 Ma

42%

17

16%

28%

29.

--

m

16,000

17

16%
'

-

3/4

U

%

93 Ma

933/4

933/4

28 Ma

293/a

29 Ma

293/a
23

29 Mi

23 Mi

24

33%

23'A

233/4

29 %

29

29 %

29

Ma

29 Ma

29

29

29 Ma

6,300

29%

29%

29 Ma

293/4

30

30 Ma

30 Mi

307/u

*107%

*5%

5f/a

12

31%

'

12 Ma

• 'MM

317/a

20'A

20

203/4

20 Ma

21%

20%

21%

25 Ma

26
23 Ma

22

22 Ma

53% 0

*52%

8%

8%

8%
111%

37%

10%

11%

A •••'46%

46%

11

29 Ma

r

3.000

8%

^

15,700

*110 Ma

•

8%

*110 Ma
38 Ma

39 Mi

11%

11 Ma

46

463/4

32 Mi

32%

32 Mi

'

30

30 Ma >31

AM 30 Ma

30 Ma

'

163/4

16 3/4

17 Ma

17 Mi

175/s

:

48 Ma

48 Ma

48

Ma

48 Ma

50

12%

133/a

13
*49

20

20%

Mi

55%

56

55 Ma

58-%

58 Ma

21

56

58%

59 Ma

184%

183

6%

6

6%
3%
26 Mi

109%

AV

3%
26%

183

3%

109%

A

6 Ma

3%

3 Ma

109%

•109 Ma

*24%

32

32%

32%

38

*37

38

38

38

*47

48%

*47

49

*47

49

*21%

21%

103%

103%

24

25
■'

24

■

31%

21%

■:

21%

21%

Corn

Exch

Corn

Products

A

183

3 Mi

Mt
3 Ma

25,M4
109
V

"

/

v

2,500
11,100

32 M,

32%

38 Ma

/

24%
38 Ma

700

5%

8.400

1,700

.

48

21%

21%

103 M

103 Ma

2,600

•

?'

290

103 Ma

103 Ma

36%

37%

37

3 7 Ma

15,100

89

89 Mr

89%

89 Ma

89%

A 1,000

29

29%

29%

28 Ma

29%

1.430

29%

29

A 18%

19

18 Ma

15,300

Cuban-American

18%

17%

28

.7,500

Cudahy Packing Co:

18%

28%

19%

18%

-

26

30

30

9%

9%

9%

130'A

130

,

:V 60%

60%

5%

5%

:

9% *'

5%

A

18%

9%

AM 9%

9 Ma

132 Ma

132 Ma

f

130

9%

23.400

9M4
132 Ma

<

6%

6%

19%

19 Ma

19%

-

•

*123%

130

27 Ma

130

27

27Ma

27%"

*

Sugar

preferred

No par
No par
1A

$7 preferred

Curtiss-Wright
Class

1,900

,

:

Jan

23%

Jun

X4%

Jan

11%

Jun

96

Jan

7

Jan

pfd

Cutler-Hammer Inc

100,
No par

Dec

47 Ma
107

Oct

110 Ma

Sep

36M8

Jun

15 Ms

Jim

49Ma

A

Sep

Jan

26%

27

A

403/4

Jan

16

4%

Jan

7M4 May

22

25%

Jan

37Ma July

8

183/4

Jan

27% July

18

July
Dec

5
27

x9%
45

13 Ma

Deo

57

Dec

11

37

Jan

61% Oct

7

53%

Jan

5

173

5

Apr

53

Jan

July 12

15

Jan

July 31

1843/4 July 10
7 Mi July
6

Aug

17% Aug

'

47

Apr

61 Me May

186Mi

Dec

Sep

2Mb

Jan

6

ii

Jan

2 Ma May

Aug 18

May

273/4 Jun

28

14%

Jan

22Ma July

Oct

3

95

Jan

25Ma July 11
'32 • Dec 30

16

108 Ma Aug
23 Ma Mar

111

3 v

3

.

Mar 10

13% July

1

39

..

Ma

Jan

23 Ma July

Jan

9

18% Jan

Aug 21

A 31

>.

Oct

49% Aug 29

37Ma

Jan

47

Oct

22 Ma Dec

15

11 Ma

Jan

17

Oct

Dec A 4

81 Ma

Jan

99 Ma

Aug

105

37 V* Nov

22

Dec

38

89 Ma Dec

16

Nov

82Ma

Tuly

429 Ms Dec

Jan
4
Jan ; 4 A
Jan
3,
Feb 10
Jan 25

1

9%

Jan

22 M4

Aug

30

73%

Jan

14 Ma Jun

19 Me Dec

144

Dec

27%
*66

105

1

July

115%

Feb

Dec

10 Ma

Jan

25 M4

OU

30% Dec

20

18

Jan

26%

Jtin

109 % Nov

13

100

Jan

29Ma Mar 15

11 Ma Aug 31

1Mb

30Ma

/Oct

—^7% May

Jan

17

107

Jan

July 11
,61% Dec 20

Jan

140

116

45%

Dec

Sep

7 Mi Nov

10

5%

Dec

9 Ma Apr

19 Mi Nov

143/4' jun
9
1143/;» May 20
21 Ma Apr 28

l

A

Cushman's Sons Inc 7%

*

16

52

22 Ma Jari
4
101 ■> Jan
4
5Ma Aug 25 A
97
Apr 25
41
Apr 24
43/4 Jun 6 ;

No par

(The)—;

Curtis Pub Co

9,200

Ma

16

25 Yt

V

22% Jan 18

30
100

preferred

4Mu%

28
69
20%
11 %
112

—9:A

Inc

Press

Cuneo

1

Prior preferred

73.800

Jan

19 Mi

45
Jan 3
15% Feb 9 /
97 Ma Jan 20

—-

preferred

RR 6%

Cuba

230

6%

*123 Mi

A

27%

preferred—

5%

700

60

60

•

59%

19 Ma

19%

19

27 Ma

50

132 Mi
:

400

,

59 Ma

6 Ma

*123 Mi

27 M4

31

108

*106 A

6%

60 Ma

6 Mi

130

27%

27%

27%

107 Ma

-■

31

31%
106 Ma

60%

19

*123'A

31%
106 Ma

132 Ma

132

6V4

18

Ms

9%

'/•

132

130

18

*123%

*106

107 %

60 Ma

*60

31

27

16% Jan

No par 100
—100,
10
100

Crucible Steel of Amer

7%

*145 Ma
■X

27%

27

•

•

27%

31

*

*106%

107%

*106%

26%

Mi 7

31

*30

"18%
*145 Ma

*

,l 25%

25%

25%

18%-

*145

*145

*145

Mi

89

48

7

27% Feb

No par

$5 conv preferred

3 7 Mi

29%

22

31M2 Dec

3 *
6

Jan

Dec

Nov

A

9M4 Dec

29

18% Feb

Aug

Jan

33 Ma Jan

104Mi Jan 20
20

Jan

333/4

49 Ma Dec

44% Jan 10
52 Ma Apr 28

5
Jan
lMa Jan

16
18 Mi

Jan

7

18

13 Mi Mar 16

3 v

173 M2 Apr

preferred———No par
9

$2.25

88%

29%

4MB

Oct

19

43 Mi Jun

4

,

15M» Jan

Crown Zelierbach Corp

36%

•

5
10

47 A Mar 20

No par

87 %

104

103A Jan

-

A A 27% Mar

29

10

12 Ma Aug 12
38 Ma Feb 29

1 /
20 A
_25

Nov

29Ma Dec

24
16 A
3
14
i9

May
Jun
Jan
Sep
Apr

Sep

21 % Mar

Dec

1123/4 Aug 31

10
41%
5%
26%
24 Va

8

29Ma

53 Ma Dec

4

32 M2 Feb

July

Nov

*

35%

*103 Ma

Dec

24

105

17%

22

24

24 Ma. July

•

Nov

9

105 Ma May

No pat'

Crosley Corp (The)
Crown Cork & Seal

87 %»

104

25% Dec

'6 % Apr

,

Ma

24 Ma

4
23

112

100
2

(The)

323/4 Oct
20 Ma Dec

102 M2 Jan
5
20
Feb 15
7% Oct 30

25

preferred——:

conv

88%

"*87%

;

Cream of Wheat Corp

35%

*103%

Jan

45

1
1

Co

Crane

13 M2 July 19

3
12

11 Mi Jan
3
18 Ma Jan
3
12
Aug 8
14% Jun 15

.100

Inc
.
Coty Interna t Corp

300

47 M4

Refining--

Jan

5

30 M4 Nov

'

'

48

Trust Co-

Bank

Coty

240

109 Ma

24%

"

'A

21%

*47

'•21%

1.400

i

Corp

Preferred

/ma: 270

26 Ma

6

6 Mi

—5
50

Electric

Cornell-Dubilier

36

35%

*129

0

38

21%

900

A ' 2,600

38%

32 Ma

Mi

4
Ci

33

24%

3 3 Mi

38

/

24%

29%

*24

'

A.'f

60

Feb

73/4 Jan
24

—No par
No par

Copperweld Steel Co
Conv pref 5%
series

21

: ' '*1823/4

109 Ma
25

10

55 Ma

A A 593/4

26%
-

14,100
/

2M4

6 Ma

5

16% Jan 13

9
No par

Continental Steel Corp

14.800

Mi A M
3%

3 Ma

A

19% May

1A

Cooper-Bessemer Corp
$3 prior preferred

A

6

•■•25%

*109

109%

108%

3 Ma

26%

i

150

3% May

Jan

$2.50

Motors
Continental Oil of Del

20 Ma

A

182 Ma

6 Mi

/

Jan

7 Mb

20
5

Insurance

53 Ma

■

593/4

Xl82y2

6 Ma

26%

v

26%

26

21%
55 Ma

x59Mi

183

183

v

6 %

-

900

Can

50

50

55

21%

20'/a

A

13Mi

>■:/■' 13

51

*49 Ma

>

.A/1 4.700

A Ma

16

100
Inc

Continental

A"/' 9,700

27

—20

preferred

Continental

'

13 Ma A

13 Mi

Av';

51

55 Ma

*183

A

Jun

23a Jan

No par

Continental Baking Co.

9,700

93/a

32 Ma

50%

AmerickJ

of

42.400

47

30

:

Container Corp

Jan

pfd—No par

2.700

9Me

32%

$4.50

Pow

Jan

1023/a Jan 15

91 Mi

50

preferred

Consumers

15 Ma

4

1

Continental Diamond Fibre

113/i / 12 Vi
46%

9 Ml

31%

-

:

6%

Cuba

Consolidation Coal Co

8%

12%

9 Ma

of

Consol RR

Dec

19

No par
pfd
100
::
25

Continental

'

48%

11 Mb
46 Ma
■

Aircraft

pfd

conv

3 Ma

253/4 Oct
108% Oct

_15

Gas

9.000

M'

39 Ma -39%

'9 Ma

59

55%

•

8Mb

20%

20%

A

lllMa

39 Mt

49

A $1.25

111 Ma

x8%

111 Ma

*47 Ma

16%-

*58%

300

.

Natural

Consolidated Vultee

$2.50

8 Mi

8 Ma

Industries

43/4 July

21 Ma Feb 23

par

No par
1
No par
5

$2 partlc preferred
Laundries Corp

'

29%

29% ?

12%

110 Mi

1,600

29%

16

48

533/a

16 Va

31%

16

*49

*52 3/4

14.700
>

i

29 Va

:

29%

12%

533/a

9 Ma

'

31%

50%

*523/4

53%

*110 Ma

11%

30

51

21%

29 Ma

46%l !

32

12%

247/a

21 Mi

•

llOMa

39

8%

*48%

24 Mi

21%

110 Mi

A; /

8%

'

243/4

21 Ma

110%

39%

•;

2G%

23%

29 Ma

111% A

46%

Ma

5.200

273/a

A* 27

26 Me

A

No

Y

N

Consol

49.500

i

of

preferred

Consolidated

llOMl

9

*110%

37%

"*49

Nov

1.900
:

109 Mi

29% A

29%

37%

*52

110%/

110%

109 %

15%

Jun

24Ma

7.500

•

22 Ma

-

25

Jan

Consol Film

6.900

297/a

11 Ms

31%

23

31%

Jun

10%

18

29 Mi

12
31 Ma

25%

*29%

17 Ma

5

Dec

30 Mi

11 Ma

31 Mi

22%

•

30

Dec

103

293/4

12

303/e

22%

9

Mi Dec

31

95VaJun 23
3M2 Feb 17

5%

22%

8%

29

20% Jan lo

5%

31 Ma

1Mb May
'

21% Jan 27

5%

$5

July 13

1 Ma

July

No par
Coppermines Corp——
S

Inc

preferred

$4.75

600

16

—No par
No par

Consolidated Cigar

5%

-25%

•v

Jun

5 Ma

25%

v.7

11

5%

21%

28%

Jan

1073/4

23%

28%

2Mb

*1073/8

21%

110

4

107 Ma

23%

109

Dec

•;

8M4 Feb 23

107%

*25%

53

July

26

July 15

No par

Conde Nast Pub Inc.

107 Ma

19%

'*52%

Dec

27

Consol

'

'

82

Jan

Consol Edison

19%

19%

Jan.

21 Mo

35.700

12

16

363/4

22,200

29

Jan

13

'

31%

Jun

30

'

12

Jan

Sep

44%

29 Mi Nov

4%

29

3^1

Jun

Jan

95% Dec

253/a

31%

29%
9 Ma

July

44

107%

A

3

Ml

31%

Jan

Jan

41

Jan

25%
104 Ma

1

25 Mi

*11%

12

31%

3OM2

16

3

25 Mt

28%

29%

29

15

19

Oct

108

% Feb

23

Co.,

Edison

Congoleum-Nairn

2.400

495/a Dec
43 Ma Jun

3

Feb 11

19% July

Jan

79
Jan
243/4 Jan

70

A-

9

7

Dec

23

98 Ma July

•

No par

$6 preferred series
Commonwealth

4 Mt

53/4

Jan

183/a Jun

25 Va

5%

Oct

79 Ma

18

4%
108

Sep

73

14% Apr

25 Ma

4

77 Ma

—No par
Commonwealth & Southern
No par

"..Commercial Solvents

4Mb

Ma

Jun

Jan
Jan

1%

50 Ma

24%

4

37 Ma Jan

5%

40%
37

6

98% Dec 15

A

39 Ma Jan 25
105

Jan

12
21

15

1.200

101 Ma

101

102

*101 Ma

■

40 Ma Feb

108 %

108
•.

101

16 Mi Apr 24

3
7

No par

4%

24%

par

preferred

2.400

'

Feb 14

—No par
,-10
10Qy

Credit

conv

25%

4

4

25"'
108 * 'a

101

101

101

102

-

-

3-%

*22 Ma

84

Comm'l Invest Trust.

5.700

29 Mi

29%

24%

*

41,500

;

600

29%

•

6.400

.

preferred

$2.75

Commercial
4M4%

par

No

Co

Carbon

Jan
Feb

.■"■/

93 A, Feb

5 Mi Mar

76
70

A

Highest
t per share

f per share

97% Dec

3 Ma Nov 27

100
100

-

Pictures

Columbia

w.

43 Mi

42 %

"~'}i

■

.

94

29

95

"

-

93 Ma

%

},

1

93%

95

107Ma A.

*106 Ma

109 Ma

*106 Ma

43

23

*1Q1

Columbian

300

39% A4A A"'.; 3.900

29%

.

1.600

49

A- 39 Mi

23

*23

I

'A MM.. 100

21 Ma

*46 Ma

A."

5%

$ per share

t per share

No

preferred series A
preferred

6%

310

Year 1948
Lowest

Highest

-A, Lowest

No par

Elec

Columbia Gas &

1.200

•

107'%

*106 Va

*94

■■

QQ

39%

r

87 Ma

*87

48

48

39%

92

..

Far

45.500

4%

'

87 Ma

88

•

Range for Previous
Year 1944

Range for
-vAu A A-

EXCHANGE

..

Shares

share

4 Ma
91 Ma

21%

*21%

20%

20%

per

4%

923/4

91

95%

*93

•

*47%

share

per

4MB
91%

91

89%

88%

89%

*92%

91%

$

'

91

91

4%

4%

4%

91%

S

t per snare

per *nare

j

per snare

4%

4 Va

Jan. 5

Jan. 4

Jan. 3

Jan. 2

Jan. 1

the Week

■

STOCK

NEW YORK

for

Sales

Friday

Thursday

Tuesday

Monday

Dec. 30

STOCKS

AND HIGH SALE PRICES
Wednesday

*LOW

Saturday

Monday, January 8, 1945

FINANCIAL CHRONICLE

THE COMMERCIAL &

116

10

14 Ma

Nov

24% Mar

96

Feb

119 Ma

Nov

15%

Jan

26%

Jun

3%

Jan

127

Nov

7

28

Ma Dec

20

D
'

*12%

12%

*12% i

12% :"

*12 Ma

12 Ma

25

*23

25

*23

25

*23

12%

16

16%

16%

*110

110%

■:

34%

41'A-

*34 Ma

34%

41%
37

*36

23%

*23

36%

36%

9%

9%

41%

Up 36%

363A

*36 Mi

36%

700

"43 Ma

6,900

.■36%

500

r

23

2 3 Mi

23 Mi

23 Ml

23 Mt

'.

23

38%

37 Ma

38 Ma

37 Ma'

39

21.100

9y8

9%

21%

•

h;-)"':

9 Ma

v

10

103,900

213/a

7.700

68 Mi

72

39 Ma

21 Mt

10 3/8

21 Mi

'

10

393/4

21 Ma

21 Mi

21 Ma

67%

67 Ma

68

39 Mt

393/4

.393A

38

38 Ma

37 Ma

37 Ma

37

37%

*41

41 Ma

40%

41

40 Ma

40 M«.

17

16%

17 Mi

16 3A

17 Mi

4.000

393A

12,700

•

:aa*/

•

39%

*36 Ma

38-

I6M2

M

16%
38%

V

41%
16%

38%

■/.

38%

41 %

16%
y

17%

17%
48%

-

18%

48

45

38 Ma
107

18

47 M4

"

38 Ma
*104 Ma

-

18 Mi

48

*18

48%

38 Mi

*104 Ma

*104 Ma" 107

107

47 Mi

-

18 Ma

*

68

39 Mi

393/4

18%

18%

*47

19 M4

19

473A

20 34

23 Mt

21 Mi

22%

22%

22%

22 M«

22 Ma

23 Ma

23

233/a

22%

70

71M4

71

72

69 Ma

71

70

70%

70%

*121

*121%

124

*110%

111%

110 Ma
58

58%

58

1

123

123

122 Ma

123

*1103/i

113

*110 3A

623/4

60 Ma

13 Ma

13%

13%

13 Ma

13%

13 Ma

*19%

19%

*19%

20%

*20%

156 3A

-

A

156

155

155%

*13%

*126

128

114

113%

*113%

114%

13%
39%

40%

22 Mi

22 M4

22%

178

178

14 Ma

40 M*

52

52

52

52

22%

22%

22

22 Ma

11%

11%

11

11 M»

44

44

43%

44%

15

15%

14%

15

5%

5 Ma

*5%

■14%

41 Mi

22

186

3%

23

10 Mi

10

Ma

10

44

44

44 Mi

2.200

Electric

15 Ma

8.400

Electric

Boat

53/4

53A

1,200

Elec & Mus Ind

8.400

Electric Power <fe

4

109

1103/4
103 Ma

4
109
*102 Ma

111%

4,500

$7

103

105

3.000

34%

34%

34%

34%

34 Ma

34 Ma

34 Ma

35

67'

233/e

24 Ma
68 Ms

*66

104 Ma

104 Ma

23 Mi
*66

*104 Me

105

16%

3.6%

16

V

102

102

102

104%

*,103%

104

103 Ma

103 Ma

103

107

♦104

106 M2

106 Ma

*104

16

103%
104%
*104

102

104

y4

18

Me

*104

16 Ma

16

*102

100

17.500
200

103 Ma

102

103

220

106 Ma

106

106

60

1%

1%

1%

1%

1%

1%

1%

1%

1%

13%

13 Ma

13%

13 Ma

133/a

13 Ma

133/a

13 3/8

13%

69

69%

.

Natural

1Mb
Ml

14

3.900

73.700

4%

Johnson

Corp

100

Public

Service

55 preferred

see

page




69%

69

69 Ma

69 Mi

69 Mt

69

69 Ma

—No par
—No par

preferred-

tEquitable
RR

Office

Bldg

common

benef

1

__No par

$6 preferred
Erie

4
50

preferred

Engineers
$5M2

3

Gas

7,800

69Ma'

17

35%

83%

Jan

10

Jan

Otfs of

Int.;

1,900

5 % pref series A

No

par

;_No

par

No

par

100

Oct
Dec

45

July

Feb

34

Dec

27% July 12
2
72 Ma Nov

15 Ma

Jaii

25%

44

Nov

122

V* Nov

7

Jan

5

143/a Nov

19

11 Ma Feb

.

Aug 30
58% Dec 30

7

Apr

16 M4 July

A 38% Feb

Sep

73 Ma May
153

May

Dec

107%

Dec

Jan

35 Ma

Jun

5M4

Jan

10 Ma

Dec

*106 Me
16

9

13Ma

11

20 Mi Dec

29

9

Jan

Feb

7

162 Va Jun

19

.134

Jan

159 Mi July

6

128 Ma Dec

7

124

Dec

130

Dec

15

120% Jan

20

115%

Dec

121% Sep

137
-

100

Nov

May

22%

113

14 Ma

10% Feb 28
33

•

89
92 3/4
%
9%
9%

Jan
Jan
Jan
Apr
Jan
Jan

46% Jan

3

6

9 Ma

NOV

11 Ma

15

31M4

Jan

44 Ma July

3%

Jan

8Ma May

146 Ma

Dec

253/a Dec

5

Dec

30

Jan

170

May

195

Sep

9

*173

Sep

184

Jun

52

Dec

30

35

Jan

45 3/a July

24 M2 Dec

15

11 Ma

Feb

19

15 Mi Sep

25
30 Ma

Jan

39 Ma July
14

Sep

■

45M4 Aug 18

■

153/4 Dec

15

8Mb

Nov

6 Ma Oct

13

1M4

Jan

53/a May

3

lMi

Jan

63/4 May

5

Ma July

Mar

Dec

14

31 Mi

Jan

92

Nov

103 Ma Dec

16

28 Ma

Jan

88 Ma

Nov

47% July 11

333/4

Jan

42%

343/4 Nov 27

23 M4

Jan

110

223/4 Dec

7

49 Ma

101 Ma

Dec

15

2%

Jan

104

Dec 29

105

Nov

4

103%

673/4

Jan

92 Va

Sep

96

Dec

Dec

29

62%

4

Vi

Jan

Dec

20

14

70

Dec

15

Sep

54

92

13/4 Dec

13% Dec 20

Dec

9 Ma

Jan
Jan

107

Sep

Sep

58 Ma July

Jan

3

17 Ma Dec

6 8 Ma Dec

.

*32

30

108 'ri {run

3
3
10
25
4
3

Apr
Aug

178

27% Feb
7
15
Sep 13
57 M2 Jan 25
101M4 Jan 19
8% Jan
3

87

July
Dec

41

Apr 25

5
6% Jan
3
157
Feb
7
100 / 175
Jan 24
4
41
Jan
3
2
lfi3/4 May 1
1
8 Mi Dec 27
5
37 V2 Jan
4
3
10
Apr 18
3% Jan
4
No par
3M2 Nov 17
No par
8IV2 Apr 25
No par
78
Apr 24
No par
39 Mi Apr 28

Electric Mfg Co

Endicott

20

102

12%

footnotes

18.800

16%

16Mb
*

Paso

68 Ma

100%

103

El

Battery

Storage

Emerson

105

*104 Me

16%

1.400

Electric

23 Ml

22 3A

*67

68 Ma

1.700

35

*34 Mi

23 Ma

105

45%

45 Ma

13%

For

Light

$6 preferred

453/a

*104 Ma

Am shares

preferred

109 Ma

103 Ma

45

104%

4

3 Ma

4

109 Ma

45

23%

(The/

Autc-Llte

14 3A

45

67

Inc

Nut Co.—

5 Ma

45 Ma

'22%

Stop

15 Mi

44%

68%

Elastic

443/a

45

22%

Edison Bros Store"

15

44%
21%

10.400

44 Mi

5%

Jan

Jan

37

9

—No par

Eaton Manufacturing Co

5 Ma

103

104%

600

10%

Co—!
preferred

153/a

103 7/a

„

Stainless Steel Corp

cum

44%

103 M2

*66

23

*22 Ma

900

6%

5%
3 Ma

4

1

Eastman Kodak

23

103

102

Eastern Airlines Idc

Eastern

10 Ma

10

Eagle-Pichef Lead Co

14%

5%
110 M2

110

110

:
:
No par
Duquesne Light 5% 1st pfd
100

30

22%

42 Me

8Ma
21Ma

123 Ma Jun

/

No par
(E I) Si Co—^-20

$4.50 preferred

1,300

10 Ma

Jan

5

113

International

33 Ma Mar

30

1

Apr

35% July

22

28 Mi Jan
8 Mi

48 Ma

173/4 Jan
26 A Jan

Nov

IO6M4 Jan

8.600

Mar

40

/

Dec

46 M2 Dec

1
1

4.800

22% Julv

49

No par

series A—t
industries

$4 preferred

42%

Jan

5

Jan^ 4

1.200

190

10M4 May

16Mb

9

131

A,

17 Ma

Jan

20

1143/4 Apr 26

Dresser

20 Ya May

Jan

3 Mi

Dec

No par
No par

300

Sep

36 Ma July

A

20% Sep

No par

1,800

*22 Mi

33 Mi

Jun

July

8%
„

—5

Ltd

Du P de Nemours

52 Ma

4334 Jan A

No pa*
;

14 Ma

52

Sep

105

Dow Chemical Co

27,300

Jan

.

3

14

Douglas Aircraft

22

52

Apr
15% Jan

5.300

186

52

42

A 21% May .12
47
May 13

182

52

52

10.300

Dome Mines

Corp

22

182 Ma

95

—No par

182

22 Ma

182

186

38 Mi Mar 31

——No par

Cup Co

Class A

Dunhlll

-■

29

100

Doehler Die Casting Co

*185

23

181

*185

Dixie

.12

■

7

35 Ma Dec

17 Ma July

Duplan Corp

13%

41 Ma

"

4

3%

133A

41 Mi Oct

8

38Ma Dec

—

29

18

5

11

Doehler-Jarvis

>

Oct

65

3

29

preferred—

rA3

29

Feb

Corp-Seagr's Ltd—No par

Distil

*.

Jan
Jan

^

5

28 Ma Jun

X2734 Feb

5.200

114 Ma

21 Mi Dec

24%

Jan

26

_

.

26

9 Ma Mar 22

A 13 Mi Jan

3.700

*1133A

393A

22 Ma

'

110

•

186

186

186

-

4

114 Ma

373/j, Dec

.-2

12,800

128

128

223/i July

17 ;

52

par

25

preferred

partlc

2,300

*127

*113%

6%

Diamond T Motor Car Co

•

25

22 Ma"

156 Ma

17

{116

Jan

10

3

A 29 Mi Jan

No par
—No

1573A

13 Mi "13 3/8

13%
22 Ma

158

*127

•

61%

36Ma Oct

12

100
300

18 /

I8M2 Jan

Match

1083/4

3

27

20
Detroit Hillsdale & S W RR Co—100

'

:

113

59

62 Ma

178 Ma

v 178

J

20 3/4

156 Mi

114 Ma

39M4

'

186

*184%

114 Ma

14

40%

40%

21%
178 A

A

14 Ma

13%

T

128

*127

128

*126

r

13 Mi

21'

155 3A

155

124 Ma

120 Ma

111 Ma

61%

62

123M4

111 Ma

%

110 Mj

1.500

A'

41 Me Oct
45 Ma Jun

17% Jan

v

;

Raynolds A

Jun

113% Apr 12

1

3

Diamond

Mar

19

5

5M8 Jan

Devoe &

19

Jan

18

_50

Detroit Edison

Jan

12

36% Apr
32 Mi Apr
17 % Jan

,

_10
100

:

Western^

Delaware Lack &

700

V

70

>

1.000
'.

19 3A

*47

22%
.

70
340

Delsel-Wemmer-Gllbert
Delaware & Hudson

17

20

21% Jan

.

No par
20

Oct

30

16 Mi Oct

,

29

23 Ma Oct

12

109M2 Dec

100
—1

—

:

Deere & Co
A Preferred

5%

^A

20

193A

A

Dayton Pow & Lt 4Maft pfd
Inc

Decca Records

7 Ma

13 Ma Nov

4

19 M2 Mar 17

13 Ma Jun

(The)—1

Chemical Corp

Davison

107

♦104 Ma

107 *

45%
18

500

39

67 M2

39%

42

16%

■/St. 42

9M4

21

38

37%

42 Ma

41%

8,500

34 Ma

'

36 Ma

'

*41%

V.V34

llOMi

A110

35 Mi

36%

*64%

39%

*36

36%

f

11034

*34

24

9

67

39%

*104

-MiA

37

36%

21%

21

*64%

41 Mi

*110

34 Mi

34

preferred

5%

dH).

17 Ma

16Mb

17 Ma

163A

17

25

6 Mi Jan

9
25

Davega Stores Corp

12 Ma

*23

110%

*110

35 y8 r

41%

41

23

*36%'

16 Ma

16%
110%

*110

,

*12 Mi

25

*12 Ma

*23

Sep

I Mi Mar
-

8M4

Jan

t63/4 May

8

Jar

16% May
M>3/4 M

39 Ma

123.

V

Jut

RECORD

NEW YORK STOCK
LOW .AND

Saturday
*

$

per share

*84%

Jan. 2

Jan. 3

*

share

per

per share

*84%

88

S

$ per share

88

: V

88

*84%

.5

11%

11%

117k

117k

16 %

16V

167k

16 V

17

4514

46 V

457k

43

...i-

43

,

25%

13

17Va

*104%

'

95

V/,'
—.

■

—.

r

,

.

-

9%

8

43%

44

25»/4

257k

25'%

13%.

17 V

17 V

17 V

.

_

■

1047k

9%

307k

307k
106 Va

107

..

57 V

567a

Federal Mln & Smelt Co

1.400

Federal-Mogul Corp

97k

9 V

9%

3.100

Federal Motor Truck

'

■

30%

Federated

6.240

.

4 V %

130

106

26

267k

*25 7k

50 V

577k

57%

58

24- •!>

24

111

*42%'

427k

*31%
67

..

24

24

111

7

—»

>::>

31V

31V

*6 7k

49

491/4

48%

497k

157«

16

V

77k

51V

52',k

77k

Florsheim Shoe class A
Follansbee

70

*68
28 V

28 V

277k

16 V

167k

16 V

71 V4

71'A

*70'/4

400

Food

Fair Stores Inc—

Food

Machinery

25 Vk

*25 Va

28%

27%

277k-

27%

273/k

25%

25 V

>' %>/>

133
34

33%

25'% >

25

25

25

25 V

17

177k

167k

44

44

.

J

34%

447k

44%
114%

35

i7V/:

1,900

%

10

347k >>>

45 V

114%

=

-

;

Freeport

1,400

45 V

1147k

Fruehauf

4V%

150

'

Corp

Trailer

11

15

Jan

25 V July

Dec

29

78%

Jan

98%

12%

Jan

19%

42

Jan

50%

25%

Jan

43

53 V Nov

2

57 V Dec

30

Jun

109

Jan
Jan
Jan

42% Dec

22

25%

Jan

3

33 V Dec

12

19%

Jan

44

87 a July

5

37k

30%

Jun

22%

Jun

36

Jun

28

<

Jun

Jan

7

39%

109's* July

Jan

9% July
53

Dec

16

Nov

29

9%

Jan

13% July

Dec

29

39 V

Feb

54

29

Dec

13

10 v

Jan

19'/a May

7

16%

Jan

21

17% Sep

26

5%

Jan

15Vk

Dec

16

50

Feb

75

29%

Dec

Sep
38% July

Jan

31V

Jun

4%

Jun

135

36% July 11
30

17

Sep

5

—

7

July

5

5 V

July 10

447k Dec
116

18

2% Jan

Dec

25% Dec

3
4

Apr

3

103

Jun
Jun

July

69

Jan
5
Jan 18
Jan. 4
Jan 13
Jan 15

29 V Jan

•-.;

100

Aug 31

5874 Mar

57k May 16
43 7k Aug
9
1174 May 1

Nov

3

157k

> 30% Jan

_1

Co

preferred

Dec

97%

70

10

Sulphur Co

4,100

.

32

31%

537k
.,'
16
20
>' 13%

preferred

prior

Apr

19

1

Francisco Sugar Co—

Apr
Dec

6V

1117k Dec

^

25
No par
F'k'n Simon & Co Inc 7% pfd
-100
6%

270

18%

277k Aug 21

4
4
13

247k Jan

10
10?

Corp

Foster-Wheeler

3,900
;

133

.

34

■

1147k

1147k

>

:

'

45

447k

114%,,

♦126

131

131

35 3k

,347k

;

:

vk

114 1/2

*114

S

133

*130%

347k

34 V

.//■'>

.

114%.>:.

177 B

17 V

ft

133

*131

447k

44%
*114

177 k

17

17%

17%
*131

'

71

>

100?

preferred

conv

37k

1C4V4 Jan
347k Jan 13

_1Q

Corp

5%

V

16'%

27 V

287k

25%

Steel

1,160

,

par

297k

13

19

No par

900

16

V

■

72

No

Co

Stove

Dec

Feb
Jan

18%

26V Jun

357k Jan
18% May

Nov

19% July
105% July

108

10374 Apr 25

No par

Florence

7.900

.,

51%

717k

„

1

71

par

900

•',>'

-

7%

7%
49

.

100 J
par"

No

600

71

*16

161/4

*155/8

77k

53

67k
49

No

$4.50 preferred,

;

31

31

Stores

Mar

May

11'%

/

Jan

16

1

42
28

Jan

24

3
5
3

Jan 27
38 74 Feb
8

(The)-.:

Co

6%
86

10% Aug 18

374 Jui.v

■

NOT
Nov

Dec

24

4

:

Nov

8%

27 V Nov

26

Jan

21

4

227k Jen
Jan
Jan

25

preferred

National

First

Flintkote

11,600
:

41%

» 41-%

>';■>

32

♦30

247k
111

*109

41V

41

31

1,400

24

»

111

*109

307k

>%

247k

24

:

111

42%

67 k

6 7k

:

42'%

42%

42%

33

8

24'%

*109

4V %

1,400

44

43%

Aug

Apr 24

45

Firestone Tire & Rubber

Corp

105

Jan

93
17

Fidel Phen Fire Ins N Y

108

108

43 V

43 V

43 V

-43 V

108

108

108

108

*109

24 V

*10)

571/2427k

I-*.

5

No par
100
-__1

■

-

2.100

50%

58

50%
58 V

17

$2.50

Dept Stores
preferred

Ferro

2.500

26%

50

19V Apr

5

conv

Enamel

3
No par

-

3,500

26%

,147k Jan 18
100
Jan 21

No par

preferred

$6

3.500

237o

51

108

30%

15

& Traction

Light

27'/4

50

Vk

14

8

Federal

106'%

26 V

42 V

%

.

-Nov

78

Jan

20

2

23 V

26 V

108

"•:>

43 V

19

17% Dec

68%

17

27

50 V

57

..

108

*42 %

67k Dec

14% Jan

•

108

25

4474 Dec

*105

X57V

29 V Mar

47 V Dec

Farnsworth

23%

26 V

50

Nov

3

&

Fajardo Sug Co of Pr Rico

8.400

.

27'k

50

26

1

3

1.300

30 V

47% Dec

3

■i

*105%

3

9% Jan

17'A

30%

Jun

217k Jan

33 V Jan
21% Jan

15.800

106%

Jun

147k

-_20

:

30'%

97k

Jan

No par

137k

105'%

107

Jan

5%

Co

257k

106'%

93/4

9 l/2«

307<a

30 Va

.

.

3%

14

Televls'n & Rad Corp_l

Fairbanks Morse

2.300

44

9'%

27'%
2 3 7a

4

17% Dec

.

,

27k Jan

237k

*105

267k
23 V

13% Oct

18

2,50

17

V

19

97% Apr

Exchange Buffet Corp

Corp

26%

106

26%
23'/a

107

50

*

106

23 %

9%

«

."

107

26

■V

-

84% Aug 24

15

67k Apr

'

1.000

43 V

■:•■,/

44

Highest

t per share

78% Feb

5

Co

1.600

;

6

13 V

17%

171/4'

43%

..

'

1 per share

share

per

Ex-Cell-O

25%

137k

"

*

share

3

Products

Evans

5

Cleaner-

Vacuum

Eureka

: 8.500

4.800

45

.

I per

,

50

RR Co

Erie & Pitts

<

17

'

6

-257k

13%

__

...

31%

31

-•

-

44.

■>

67k "

13%

43

257k

24 V

*107

■',>>;*. v

457k >.:

■

*6

13%

*104%

25%
•

6 Vk

257k

>

*16%

.

106

25'4

*23%

46 V

> 6V

13

42%

-

.

137k

17%

46 V

6 V

Par

Year 1943
Lowest

Highest

*

'

,137a

16%

Range for Year 1944
Lowest

EXCHANGE

•

88%

12%

25 V

■: -*.■

25an

*85 V

17

:>•■>. 45%

45%

6

88%
12%

167k

Vi

Shares

per share

12

*85 V

11%.

16

1 ?. %

S

share

per

"'.

STOCK

YORK

NEW

the Week

Jan. 5

Jan. 4

for

Sales

Friday

Thursday

Wednesday

Jan. 1

Dec. 80

Range for Previous

STOCKS

HIGH SALE PEICE9

Tuesday

Monday

>

117

CHRONICLE

THE COMMERCIAL & FINANCIAL

Number 4349

161

Volume

May
Dec

-—

G
AAA

'ft ft.

63/a

.

4 %

6V
4

43

.6 V

V

r:,

a

■

6%

674

7V

7%

77k

14,300

4v

67 k

4V

6%

.

47 k

4

47k

4V

4%

'.7,400

Gair

'

16*4

17 l4

17 V

•

UG'a

167s

*64U

68
23 %

4

108

13

;

160

.'441 4

41V

41V

108*4

108*4

■if 108

13 V

>13 7k

*107 V

1607k
18 V

21V

28V

417k
108

V

3974

,

41V

V

,V-

0 108 {'g
37a

'

.'.•>ft

33a

37a

3V

>

37k

*134%

136

*13474

114

*113

114

130

130

130

130

63

64

*13474

136

6113

'ft

64

•

6474

•

».

97
*

'

1 7

2

-

8

v

i

•>

r.l 4.» *

-V'

>

«' 47

X

4%

*10474

:2V

»>:•

23 V

10

1:

317k

10

32

v

4%

37k

•4%

22 v

22 V

A

'19V

'

2674

*2974

V

19 V-

197k

*19

V"

106 V

,

-

13.000

26%

1.600

*297a
*106

110

„

30

106

105

28 V

106

157k

167k

92

92

92

22

217k

22

217k

2l7%

105

>104

1047/b

105

*51'%.

37k

374

3%

54%

54 74

54

*102 Va

102%

103

51'A

517 k

51 Va

111

15%

16

157 k

5 V

6

57 k

257k
*52

5 2'/4

37 k

37 a

*158

54'%

54 %
k

103

*102'k
51 %

517%

>111

111-

111

*110%

105

'■'■H

159%

<158

160

*

25 %

25',k

5274

*51

16%

16

24%

24%

*158:

28 V
*

•>>

16

15%
57 k

57k
'

4%

47k

4 V

*

74 >1974

5

<,

47%

106 V

;>

95

23

107

52%

54'%

102 V

52

517%

52

51%
""

<15 V

2,600

5%

574

57 k

47k

47k

47k

,

.19%

J.9%

*19 74

19 V

800

15%

15 V

157 k

9,700

15 V

■■■:■

15

14%

15%

41

41

*41

42

*41

42

41

24 V

24

24

*23%

247k

*23%

247k

24 V

2474

14%

•>

14%

147k

14 3k

15

147%

15'%

15

15%

14%

15%

487k

47%

48%

487s

497k

49V

50

49 74

50

48 74

2874

2874

28'%

28 %

28%

2874

28%

2874

28 V

28%

160 V

162%

*160'%

162%
66

161V

*160

'•*62

66

*62

66

:

■ft

*62

*161

*62

66

*54 V

55 V

55

55

55

55

55

227k

227k

23

227k

231/4-

23 V

*104%

1047a

104'%

31%

31%

32

57a

175'%

177 V

*175

14%

<14%

157k

497 k

177

15%/

'

57%
175'%

104%

347k

1751%

57a1'-

1047%

57k

>

34

*104'%

33%

1047k

147 k

33

59

58%

*175'%-

5ov:

50 'A

*104 V

105
■

6

5 74

77

175 V

34

4,700

175 V

61—>ac£ 61V

50

V-

(B F)

35.100

1,700

...5

Ore

Iron

Prop

Gulf

No par
No

107%

Sep
Dec

Dec

Sep

137
56

Nov

July
July

Jan

par
100

(The).^
-i.

Sugar
preferred
Ohio RR_.
—

No,par
..100
1

No

8V

/» 2% May

127k

15%"Jan
9%

Jan

•M*5

■

>T5% --Dec

3

60

Jan

91

9

16%

Jan

24%

317k Dec

18

15%

Jan

237k Mav

8

14%

26% Dec 30

Feb 17

Jan

108

113V Apr 22

14

July
Jun

...

—

113

Jan

257k

pec
Jun

105 V Aug 23
16 V Dec

474

Jan

6

90 V4 Dec

6074

Jan

22% Dec

Jan

7

1047k Dec

4

257k Dec

3

52

Aug

4% May
Dec

175

3

7

54% Jun

3

104 V Nov

8

517k Dec

3

112% Jun

9 V May

74

ft,

5
7t

\

Jan

14 V

59

Jan

85%

May

Sep
Oct

2

y474 Jan

,227k July

1

4X

.48

Jan

Jun

A%

Jan

37k May

73%

Sep

97 V Aug

19.

24%

Jan

457k

21

83

Jan

30.

25%

Jan

26

90%

Jan

4

5..:

102

Sep
Oct

417k July
108% July
*

1774 Oct

3,

:;j. 1974 Dec
42 V Dec

374

T

Jan

77k

Jan

29%

Feb

24

5

Dec

8

30

97k' Apr
2% May

67k

,

17

Apr
July

137k May

.

37

Sep

Dec

26

July

137k

Dec

18

21%

Jan

23 V

9.

25 V Mar 15,

Nov

.

Apr
327k May

17V Nov

13

49

% Dec

20

30

Dec

9

163

Nov

28

Jan

154

Dec

67

Feb

3

57%

Sep

65

Jan

55 74 Dec

15

28

31V

Jan

50

Sep

14%

Jan

21V

Dec

10%

Nov

2V

Jan

24

17

Jan

July

16

Jan
Jan

7
5

7

23 ,
17 '

138

V July 15...

105% Dec
32 V Dec

277k

Jan

11
29

6 V Aug 12

:

189% Dec

81% Jan

15

:17 V May
5

Jun

1607k

Jun

,

37k

Jan

10% May

12

257k

Jan

41% May

50% Dec 30

44 V

Dec

50% July

16 V

May 17.

62% Dec

3

42 V Sep

4V

5:

Aug

5'4 July

3

20

May
43 V Feb
19% Feb
10574 Dec
11
A'pr

15

33

(Aug

j>>23% Mar

/

13

...

57

23 :

25 % May

Jan
Mar

*104

Dec

6

143% Feb

par

Jun

19% Nov
27

'
11
18
No par. ;>.< 3s/s Apr
3
100
123
Jan. 26
No par
v
6 V Jan
3

Corp

Jan
Jan

110% Dec

9
20

4

V

Nov

5

25% July 10

2.5s
4,

39

3*»

2

124

v

131V May

4%

16

Nov

4>A Oct

5
11-

26

1\

Co Inc

L)

-

3

31V Dec

Apr

Apr

100

preferred.

Oil

-

9

274 July

Apr

Nov ,15

17

10774 Nov

1514 May 18
97k Feb
8
32V Jan
3
y; 23% Jun 28
14% Dec 18
257k Jan
3
247k Jan
3

pfd—No par

Sugar

25

„

20

Drpferred

$5

7,400

Jan

44%

.

120%

July

83%

11V Aug 21

3

Apr

A 367k Feb
.104 V Jan
8 V Jan
/
114 Jan
3% Jan

No par.

Co.-

Gulf Mobile &

62

-3

128% Nov

July 12

2374 Jun

24

274 Jan
85 V Jan
40
Feb
98
Jan

--No par
1Q

Guantanamo

507k

18

18 V Jan

100

& P.

Grumman Aircraft Corp.,.
8%

93

14

66

119%

;

17k AuC

19

x83

—1

Bay & West RR

414%

,

113% Jan

.

>

26

26

Oct

7VJan

50 ■>>, 45
...

Apr
Jan

69
Jan
11% Jan

-

M S

Western

(H

Sep
Dec

4

145/k Jan
74% Sep
227k Jan
Jan
19

99

...

Grevhound Corp

40

•

50 V

300

25,300

5%

>

15% '-167k

16v'L?.-

59'%

50%

105 V

32%

34%

15; 0,'i

587k

50

V

5-%

15'%

58%

597 k

*59

:

57k

6

Nor

Green

600

13,400

Feb

110
Jan
1974 Feb

No par

Preferred

23 V

237k

4
18

—

par

Telegraph Co

(W T)

Green

54V A 5474

55

22 Va

<

f

;

No par

Great Northern Ry 6%

66

140
120

134V Nov

11

Jan

197k Apr

5

preferred

Great

6,500

Jan

Mar

18%
6%
106
IV
19%
112
.-3 V4

No par
100
,10c

No

Co/-:.

Great

3,400

3

Jan

3 V >Aug 30

6% July

Co

Steel

Grant

28,500

117

24 % May

No par

Grand Union

163

*62

163

*161

>

21

Jan

$5

5%

Dec

Nov

44% July

,

137k

...100
100

Granite City

300

*24

Jan

Jan

No par

Granby Consol

700

42

41

*41
>■

<

8,400

34

4374 July 12

Jan

convertible preferred—No par
Gotham Hosiery..
—
No par
Granam-Paige Motors
1

29,900

47-4

15 V

6.

32% May

2 V

No par
—No par.
Goodyear Tire & Rubb...
No par
;

;39% July

17%

100

$5 preferred

300

Jan.

125%

preferred

conv

Goodrich Co

6,600

30%

4

No par

(The)

Gold & Stock

100

15

98 V May

4

20

tGoebel Brewing Co...

2,200

/

103

*111% 11174-

...

15%

57 k

5

157k

112

15%'-;

•

57%

15',k

v

5474

54 V-

*10274

527k

112

111

V

547k

102%

54%
103

50

148

137k July 26

>

—1

preferred

Co

4 %%

1,600

Jan

56 >4 Nov

Corp

Safety Razor

conv

Glidaen

600

3%

Nov

2 V Feb,10

No par

x

$6 preferred

300

52 V

3°/4
156

158

$5

3.000

157 V

52 V

3 '/a

3-/4

156

257k

52 V

52%

37k
159'%

1047k

25%

.

40

No par

Glmbel Brothers

10.000

Jan

130%

130% Oct

preferred

Gillette

100

95

237k

1047k

257k

25 V

>30

Jan

20%

4

28

3

^

Rubber

&

Tire

4Vk %

19,200

1574

>93

23

26 ft.

187k

106 %

15 V

15%

15%

*1047a

105 :

16

*106

21%

*93

,18%

19 %

18 ''4

1057a

•

71%

12

155

3

preferred..

General

10.900

29%

28 V

29 V

24

102

Jun

28

preferred.....

6%

yA

277a

27 V

Feb

115

V

8V4 Mar'

18%-May

40% Dec

16

128
5174
12574

9
'

Dec

Dec

29 V July

19

Feb

35

No par
1

Corp

Instru

Time

4W

110

Jan

Jan

Corp—

Telephone

General
Gen

Jan

7%

124

4

25 V Apr

Gen Steel Cast $6 preferred_.No par

700

Jan

2%

22 V Dec

140

10c

Signal
preferred...

A General Shoe

1.160
;•

47k

Aug

4% Jan

Equip Corp

General Refractories

>4.200

29

Jun

?V Jun

151

36% Jan

Realty & Utilities new.;

Gen

4

:

51
:

Mar

77k July 10
29

Aug

par

Railway

Gen
>. 6 %
»

Jan

>108

> Jan
5% Jan

134

20

19% Dec

3:

11%
8174

> ■

107
•

37

6

Now

Apr
Dec

11%

Jan

'

Jan

Jan

Jan

102

13

97k July
161

4%

.

27

5474 Oct

4174 Apr 28
774 Jan 24
Feb
8
143
3
674 Jan

6%

19

Nov

109

Jun

Apr

,53%

par

Public Service

'

4 Jit}'•''"47a >0-

26%

307k

*29 V

*106

3.100

124 V

'^v"22 V
^19 ft1* 19 '/a

26 V

30 V

>"

'•-"i07V'1077'4

109 V

*26 '/a

•

Gen

16 V Dec

11

21

Jun

par

$4.50 series A preferred..

> 7.000

Feb

6%
1474

v

9% Jan
51

No

A

Gen Precision

^ 22

•22 V-

2674
110

*106

110

'37k

'>'"~-22-'-'

109 V

107

ftft

-

«"»i22

£« s'ft'V".

14

No

Adv

General Printing Ink

10

317k

3074

31V

*122 Ai 124%
™

58 V Dec

Jun

Oct

No

Outdoor

1.700

274

3

100
10

Common

2.800

2 74 :•

Jan

i-No par

preferred

$5
Gen

10

107 V

51
10 V
105

preferred series A-No par
——No par

23%

97a

V

2

31V

*91%

16 V

>

•

3.700

*106

13 V

30

par

General Motors Corp

200

117a

23 V

■

107 V

2*/a

124 V

*122

.

93

'21V

19

11V

1,000

129

A 55 V

U V

28

23 V Dec

'isJ-

preferred

5%

20.500

*55

7% Dec

1

No par

Jan

147k

6

Nov

66

3

General Mills

150

647k

X128

■

*106

' 17k

132 V

129

23 V

97 a

307 a

29 V

105

105

16 V

*M'

23 V

107 V

132 V

vi.,

~—No

;

preferred

;>■;

$6 conv

30

647k ft

Corp

3

4 % May

28

26

No par

Jan

20

18% Jun

5

Gen Gas & Electric A__

300

57

.11

3V

136
114

64 V

i31

*55

974

2674-

26

267a

*90%

f

11

o

25 V

$4.50

10.100

111 V

*111

'

123 V

55 V

107 V

19 V :

*106

110

106

129 V

37k '

Foods

General
>

170

*112 7k

preferred

18 V Dec

50

General Electric Co

3.800

108'/a

-

preferred

cum

7%

28,300

*13474

11374

11374

1074

107 V

26 V
*

-

>'"* *

3V
37k
13474 13474

135

22 V

>

10%

31

*29 V

3V

64%

317k

106"

267k

7'/o

General Cigar Inc..

50

41V >41%

*108 V

Class A

:
c

350
2.200

.

130%

23

■''I

41%
108 V

55

124 V'-'

22\

>

1974
107

26 V

41%
108 V

■

■*2274
107

41'/a
108 ft

;

2,500
>

40 Va

39 V

;

V.

General Cable Corp

160

*156

40

39'/a

129

2

.31V

•

''19»V'

>.

General Bronze Corp..

3,300

28%

28%

157

156%

118

118

287k

5.800

,

.21 V

20%

f/

21%
119 V

28 V

■>

preferred

$8

'

*121 '

t 124 V

21
119

.

97k

*174

30 V :3l >
'*121

>•>.

287k

6474

227a

*106

107 V

67k

107 V

974

10

a

Gen

28

Jan

No par

General Baking

60

18V

6%

13074

107k

227«

23 V

23 '"a

*106

17%

674

6374

129

107 a

>11

1607k

1874

1307k

»

55 7 : :>■

*54

55

v

10%

•

128 V

129 V

129
*54

;

1607k

67k

67k
2174

1.500

9,200

I

H

1774

19

114V

114

9

87k

■•/'■

'>• 1607k

1607k

40

9

1607k

160

*156
:

*874

Dec

Oct

No par
.5
,>_5
—No par
.a.?
i
No par
—No par ■
100
i—No par
;
100

Jan
Jan

9%

6

Feb

1

—

preferred
Amer Transportation

$6

51V

50%

507k ft

50%

87 k

120

*119

28%

'

5074

13,800

17'A Dec

62 V
4V

20

Industries Inc

Gen Amer Investors

108 V

5

153/f Sep 14

par

Gaylord Container Corp.5V% conv preferred

150

61

60

Ao

-No par

Co

4

Jan

,

12 Va
167k

20

2%
1%

2% Jan

1

(The)

Co

Wood

Gar

5,800

23%

*23 7k

?

-ft:

13 V

674

397k

39

39 V

'39*4

:>

160

*156

58 V

108 V

874

,

24 V.

58 V

13%

;."i

120

23 V

_No par

preferred

$3

*107'/2

21V

21V
120

> *28 <•>;

2474

■/>'■

f

(Robert)—;

preferred

Gamewell

7,500

774

7V

>t

A1

(The) cl

Inc

Gardner-Denver

68

*6474

/

.*>.

7%

13 V

674

6V

,28 V

*156

300

10874

50

19

18 V

120V

'

28 %

1,700

167k

13 V

*

1607k

*160

67 a
2174

120v

17%

1077k

-

87k

874

-

58

50

50

19

21%
•

V'

7%

58

23V

108

x

8% f 874
160
160

'.>•>6% >

68

774

77k

■

»:

58

13 V
*

50

•

10674

--

ft/ft

>>" 1814

167k

*64 V

1

23 V

58

13 %

*49 %

*106'

77k

23

* 57 % ft 58
/.

Xl67/a

68

•

•

22%
13%

167 a

*641/4

16 V

1774
167k

17 V

Co

6%

300

*16

16%

17%

18-

*16%

69

7%

-

77 k

..

V

>16%

16 V

ft"

18

'v.

167a

16 V

*64 >4

.•ft>-7%
.

177 k

177a
*

16 V

16 V-'.

*16 V*

"i5~h

>

?./«'■>/■>

Gabriel Co

ft.,.

..faar'

H
33

267 k

267k

27 V

1574

15%

15%

*32 V

27

20 V

21

21

33

267k

35

*33

21

20%

157 k

15 V

*108

109

*108

*108 Ik

110

*109

110

18%

19

108

109

187k

77k

*774

8
*

111

For

footnotes

see

page,




123.

109 V

271,4.
21

157k
108

*l09 7k

1107k

187 k

19 V

~7%7,
111

7%
*110

8

112

*3374

-27

21V

100

2774

23V

3,600

1674

1,700

227k

*109%

16

16
♦107

108

110 V

*109 »k

110 V

19%

19

'

774

__

8

112

19

19%

30

7%

7 %

Hall

8

27

Apr

267k Dec

30

1,200

Co

Printing

5 %

10
—No par

preferred
(M A)

Co $4.25

Harbison-Walk
Hat

100

pfd__No par'

Refrac

—No

preferred

Corp of Amer class A

6%%

preferred

(modified)

par

100
;__1
100

"Oi '

,

15 V Mar 13

11V Apr; 26

38

>

May

5

22 V Dec

15

July

3

16 V

106

Apr

ii;

111

July 24

102

Jun

14

109

Dec

15% Apr

24

21

6

152

138

Jan

5% Jan

14

104% Jan

5

22%

110

Jun

.
.

12% Jan
9%

Jan

104% Mar

29

July in
Dec
4

27
July 12

8% Jun

Feb

35

33% Dec 18

4

,.23,

Hamilton Watch Co
,

6%
112

..23

Hanna

3,800

*152

♦110

Water

preferred class A.

Hackensack

440

108

15%
*107

*110

22 V

35 V

27%

*33'/4

*152

*152

*152

*152

*109

-

19

35

■

13%
135
4V
86

Jan
Feb
Jan
Jan

28%

Sep

38

Apr

.'18% July
15%

Jun

110% July
18%

July

144 V May
7 V

May

109%

Oct

'

.v

1 per

Jan. 2

*

sharm

9%

9%

9%

7

$ per snare

per snare

7%

*21%

21%

*70 %

.

1

75

24%

25%

82%

82%

83 'A

131%

*130%

26 %

23%

26%

26

26

23%

23'%

23%

23%

23%

24

24

600

Hires Co

44

44

44

44

44

*42

19

19

19

19%

19%

17%.

17%

17%

17%

43%

*42

19

*18

17%

17%

.

17%

17%
42

42%

*71%

72

109

72

71%

*108%

108%

44%

17%

72

67%

67%

13%

13%

36

36%

67%

66%

66%

12%

12%

12%

13

12%

13%

36%

36%

37

36%

36%

2%

2%

11%

11%

11%

11%

27

27

27

15%

14%'

2%

2%

11%

"

67%
36%

2%

28

13% V

35

2%

2%

11%

12

27%

72% V/

•13%

11%

11%

27%

27%

-

2%

•

12

27%

27 %

'
'

14%

14%

3%

15

14%

4

3%

3%

3%

3

3%

i,?.,

\

'i

''

*

'i-

•

'•*

"■. * >f

♦

Jan

87

Jun

128

Dec

49

Jan

71

July

Jan

118

Aug

73'

>

.

125

July 17
Dec

100

8

Aug

136% Aug

25% Aug 31

14%

Jan

21% May

16

16%

Jan

25% July

28%

Jan

40% July

4

47% Sep

5

21% Nov

3

13 % Jan

13

Oct

2

May

-

73

10

42

'*•

Dec

19

134 V Mar 10

19% Dec

Jatf4 4

"

29%

Jun

"

172

23% Dec

39

'

Ja)n

13% Jan

13% Jan

71. ^ Apr

Jan

12%

36 V* Mar

Homestake Mining
Houdaille-Hershey cl A

x>

Jan

152

27

20'4 Jan. 21

117

54

Jan

% Nov
Feb

3

7% Feb

3

30% Feb

21

3

■72% Nov
114

Sep

17% July

Sep

31-

17

Apr

Jun

115

3

117

Aug

Jan

42%

36%

Jan

45

July

9%

Jan

17

July

30

•

44

1

105

Jan

-

3

3%

114

37% July 10

30%

Jan

%

68%

Jan
Jan

13% July

Sep

57% July

Mar

59% Aug

70% July 11

-

Jan

12%

8
•

18% Aug 23

6

63

Apr

7

47% July 13'-45
Jun 17-;

1
31:

107

July
Nov

9% July
41% Apr

1% Jan

11

2% Jun

28

6

12

11% Dec

29

4%

Jan

6

22%

Jan

16% Aug 23

4'/a

Jan

11% July

ii

Jan

2% May

Jan

22% Mar

4

28 y8

8% Feb

4

1% Jan

-

'

3%

4

15

14%

15

Jan

115

A

56%

25.

25

89

Apr 27
19% Feb
2

.

108% 1

67

63

S

—,

3% May
'•110% July

Nov

'

114

12,50
100 n
No par
■
,-.5 Class B_——
No par
3.800
1.000 / Household Finance
No par
230
5% preferred-—100
1.300
Houston Light & Power Co ....No par
50.400 r. : Houston Oil of. Texas v t c
25
2.700
Howe Sound Co—
'
—5
7.900 .i Hudson & Manhattan—
-1O0
3.900
5% non-cum preferred
100
3.800
Hud Bay. Min & 8m Ltd—:
No par
6.800 V, Hudson Motor Car
No par
11.200
Hupp Motor Car Corp.
.
1

17%

108%

108%

!

Jan
Jan

6

27% Feb

18

100

4.900

45

72

72

108%

67%

Jan

No par

7%. preferred

43%

17

(Del)

Holly Sugar Carp—

1.800
i

*44'4

17%

67%

3%

17%

44%

108%

108%

27%

17%

*117%
43%

67

2

Hollander & Sons (A)

43%

72

72

v

108'%

Holland Furnace

128

par

10% May

1%
93 %

9

75% Feb

24

24

—10
1
—10

(C E) The

500

17%

16%

17

No

Dec

30
22

170'"

Apr

No par

j.
—

500

75 /

100

;>-

Hlnde & Dauch Paper Co

/i

19%

42%

•

100

43

44 %

*44

44%

16%

17

42%

___

•

19%

*117%

42%

42%

:

*43%

44%.

*122

*116%

*116%

*116%

15

r'>■/•!R4-

*122

*25 %

19

2

Hershey Chocolate
conv preferred

400

125 %

125%

26%

125%

•20% Apr

9 per share

22% July 10

20% Sep 14
63% Jan
6
160 ', Mar 11

No par
No par

Highest

'share

per

Dec

112

•

100

per share
8% Sep

28

Mar 13

99

—,.25

W)—

preferred
Hercules Motors/.:
Hercules Powder_/—
- • 6%preferred

*25%

43%

36 %

i"

Lowest

9% Dec

28

2'4 Jan

non-cum.

.

V-;

73 %

73%

75

*73

900

131%

*130 %

131%

■

7%r

26 %

23%

16%

75

125%

*122

84%

85

(G

Jheime
-

6% Apr

1
25
__15

_—__

v

t

I per share

Par

Hayes Mfg Corp—
——
' Hazel-Atlas; Glass Co-—:
'v Hecht: Co. •
JL—

10.400

24%

\

'

23 %

*25%

42%

83%

*130%

,

Year 1943

Range for Year 1944
Highest

Lowest

Hayes Industries, Ino

.

70

24%

84

131%

500

*169

25

83'A

2o0

A/V

74%

*74

V

Range for Previous

i*?*'PP

P••*•

•

'

K,c

.<

*25%

*122

125%

*43%

24%

*73

74

74

21%

'

170

170

14.800

/■
:

-•

STOCK /

YORK

EXCHANGE

,

;

2,100

■

6%
112%

21%

74%

24

75

*73

21%,;

*74

*130%

131%

*123

*21

74%

170

83

*82%
*130

21%
170

23%

24%

24

21%

*.73%
*169

6%
111%

111%

11172

9%

9%

%

7 4..

6%

111

*168%

170

*167%

21%

9

9%

7%

110%

*71%

75

9%

6%

7

110%

*21%

111

*110%

'

9%

9%

6%
1107 8

STOCKS '•

NEW

Shares

I p*r share

$ per share

t p*r share

for

the Week

Jan. 5

Jan. 4

Jan. 3

Sales

FHda*

Thursday

Tuesday

Jan. 1

30

Dec

w

AND HIGH SALE PRICES
Wednesday

LOW

Monday

ftaturda#

Monday, January 8, 1945

FINANCIAL" CHRONICLE

THE COMMERCIAL &

4

6

-

July
Aug

8

2%
10%

.:/
-

Jun
Jun

29% Mar

r

I
29%

29%

29%

29%

29%

22%

22 %.

22%

22%

29%
23%

29%

23 %

29%
22%

29%

23

22%

23 y8.

54%

54

55%

55

55%

77

77

76

77

21%

22

22

22

19%

19%

19%

700

55

55%

*53%

54

54

75

75

*74'%

76

76

76

21 %

22

20%

21%

21%

22

19%

19%

19%

19%

19%

19%

39%

105%

105%

105%

107%

*106%

107%

40%

40

*38%

13

13 %

*8%

9

*8%

*8%

*33%

38%

38%

39%

•40

104%

104%

104%

185

185

80

185

185

•

$4.50

•

.

4'/a %

preferred

Dec

20% Oct

Jan

<31% May
v

4

11%

75%

*74

*74

80%

32%

Nov

8

106% Dec

21

3

111% Nov

6

86%

Nov

100%

6

165

Sep

7

158%

3

Xj37

Aug 14

Mar

9% May 11
7% Jan 28
29% Apr
104

100

Nov

12% July

■

z;-9%

Nov

78% July
,15% Apr

6%

5

168

Jan

Jan

8% Oct 23

22

29

'••:,•

17%

75-%

5%

5%

29%

29 %

81

6% Jan

3

6% Jan

27

8% July

No par

Interlake Iron

No par
No par

-

1,800

International Harvester

No par

67% Apr. 25

82% Dec

133%

133

21%

21%

20%

21%

92

92%

91

91

90

2%

3

76

165% Jan- 28

180% Dec

0

Nov

6

Jan

*

/

Jan

•

177

Jan

1

177

% Jan

8

'

Preferred

-—

154% Feb. 29

\

3

10% July 10

-

188

Nov

27-

29 %

29%

133%

29%

29%

,

■i

28,300

.

91

91%

91%

2,200

.

10%

10%

2,700

-■

10%

10%

10%

10 %

10%

10%,

10%

86

85

85%

85%

87

86

87

86

86%

43

43 : W'

i 44

*42

44

43%

43%

43

*41%

40

•

92

*

,

95

•

56%

9

Jan

162

19%

19%

19%

18 %

ltt

17%

20%

20%

*20%

19%

20%

19%

19%

39 Va

*39

20%

20%

20%

19%

*143%

*

21

20%

21%

39

39%

40

40

40

5/—

*143%

*143%

*143%
JJ

18%

20%

■•-'

*143'/2 s

—

,v/;

—

1% preferred-,
Intern'i Teiep-Ar Teleg.
Foreign/ share ctfs

Interstate Dept Stores

1,400

:

Intertype Corp^
Island Creek Coal-

•'•

900

..

No
No
No
No

-

32% July

92

39'% Jan

Jun

20-

47 /

Aug 28

43

S 1

par

Dec

12% 'Jun

Feb; 11

7%

13

35% Jan,13

Sep '5*

56% Jan

3

93

Feb.

3

185

117

11% Jan

par

121

>:

.20

Dec

Dec

12

20% Aug

154: Apr

19
4

20 %

4 Jan

29- V Jan

6

138% Jan

par'

17

.

15

par
-1

45

•

144

36%

Dec

16-

45%
3%

Jan

37%

138

-

Jan

21*

Jan

39
28

.

9

•

71% July

v

44

60

.

Dec

115

•

July
16% May
167/a May

•

Jan
Jan

9%

Apr

38% July

•

Jan

6%

3

Jun

'

Jan

6%

22

Dqc

11%

Jan

•

Dec

69%

V

v. Jan

36

Apr
July

.14%

July

102%

Mar

July

6% May

/

Jan

July 10

20% Dec

4% May
19

Nov

-

8%

Oct 19

11% Jan

par

25 Y

16

Sep
Jun

July

67

Jan

128

20-

136

'

<

Jan

3%

5

Oct

Dec

94

7

55%

28-

21%

3

68%

;

6% Jun

19

Jan

66

1

—

.80

3<

13'/a Feb

-100

-

preferred—

;$6

-

2

25% Apr

No. par
50

Silver

International

3,3004-

18%

18%

21

.

/.

5,800

;

20 Va

18*^8

18 Va

20'A

v

No

-

„,

—

128,700 ;%

20 Va

39

40%

-

700
C

;

18%

21

39%

*120- 137%

20%

18%

7a

Mar

9% Apr
74%

11% Jan

30

Dec

100

International Shoe—

800

137%

*120

;

18% Jun

13

130 -■

15
—100
No par

preferred—.—

5%

International Salt—

200

101

100

,.

137%

19%

17

101

,

.3% Aug 23

3

Jan

4% Jan

-100

—

International Paper Co
?> 5% conv preferredInter Rys of Cent Am

410 ••/

;

40% .-■40%

40 V4

40%
*97 %

19

18% ■19%

19%

■V

"♦120

137%.

*120

137%

*120

40%
98%' h 99%

39%

39%'

393%

96

•

40-

*91%

*43

k\.

90%

90%

10%

- /

Preferred/

170

;

•

22%

86

,

/

'

134

133%
21%

:•>:

21%

21%

5%

4

15'/a Jan
65

300

4

5%

*

3,900

76

76

5%

f

18%

1% Jan

Int Hydro-Elec.Sys class,A———25
International Min & Chem
5
&;:*■: A% preferred
-100
13,900 h International.Mining Corp
1
26,700 r
Int Nickel of Canada^
No par

2,700

3

.

18 Va

///

133%

%

21%

21%

38 % July

;

144%

15

—i100

V

270

179%

179%

18 '/a

5% >

30

134%

;;

*74

5%

28%

%

8% July

-

21% Jan

July

'

Intercont'l Rubber

'700

81

■••

179%

17%

75%

*132%

134

2%

3

3 ■/

17%

Apr

Apr

62

40% July 17
105% Dec 15

27

Int Business Machines

19,400

186

186

81

80%
178'/a

75%

.

5%

5%

4%
28%

*131%

Wv.'

17%

17

May

19% July
44% Jun

"

17%

17%;

3

3

3

2%

May

13

Jan

42% JUlv 12

48

-

V/v:4-A' Jan

30-

«V

2,000

16% May

Jan

Jun

71% Feb

par

—_

22

158

20
No

Corp

4

25

Jan

.

'

9%

9%

10

v

186

186

179%

80

170

105

105

Interchemlcal

Jan.

8

18%
37.

7,

88% Jan

—1

Insuranshares Ctfs Inc

15

77 % Dec

35% Nov 15

par

Inspiration Cons Copper

>

200
300

6%

9%

9%
186

179%

104%

28,700

9

39%

Dec

4

100

par

No

30

56

Jan

8

100
1

23 % 'Dec

3

15% Apr

No par
No

3

46

—No par

A

32% Nov 10

Feb/25

10% Jan

25% Jan

No par

Rayon-

preferred

Ingersoll-Rand_;
6% preftrred
Inland Steel Co__

1,400

13%

*8%
*39

7

7 %

7

-

179%' 180

180

180

9

186

80

80'A

80 %

13%

9%

9%

9%

9%

a

7

7

7

6%:
% 9%

104%

104'%

104%

700

12%

9

40

40

-

*104%

Industrial

100

84%

1

Indianapolis Power & Lt

2,200

84%

13%

13

12%

8-%

8%

40%

24

100
100
100
3000

;

Leased lines 4%_—

ii'ii RR See ctfs series A

1,920

.

/

v.,

*160

84

83

12%

12%.

120

,

'

83 %

83

83

82

'

...

107%

107%

iiuiioitr oentral RR Co
:
6% preferred series A_,

2.500

105%

40%
*105

*160

*160

*163

;

84

*82

105%

*105%

39%

104%
;

1

40 7a

*105

105

*105

104

103%
*165

40 A

105%

39'%

39%

*104%

xl9%.

■Ly

-20

Idaho Power .Co___—

1,800
37,200

29%

18%

Sep

29

IOV2

Jan •"•/•

18

Jun

July 27

27%

Jan

32%

Apr

145%

Jun

Dec

4

135

-

Jan

•••'e':r •]t'-:-/v;";'U';v^x4;.'::.A

J:'-

Yi'y* V

13 Va
i
1
No par A 27
107%
--——100
84 %
2,000. ft Johna Manvilie. Corp.—
No parr
,..30
500 44, Johnson
Johnson.
;
12 Va
2nd preferred ser A—100
•107%
90»r Joliet & Chicago RR
stamped
1004

/

300

18

18

36%

37

*36%

*36%

36%

*110%

111

110%

102

101

102

*31

31%

*31

110%

110

110%

*93

97

r

>

36%

37 :

*110 Va

103%

80%

*93

/

81

110%

*110
-

97

/

29%

47,200

80%

700

95

*79%

81%

80

*92

94

91%

92%

95

97

95%

96'A

94%

20

20

19%

19%'

20

20%

20%

20%'

20'A *20%

.

Jarvts (W B)<Co——:

JeweL Tea Co Inc—
a-,preferred.

—

,

28%
80%

29%

*80%

:

32%

32%

32%

.

102

102

4

500 y

/

112

*110'/a

97

29

29%

80

37%

37

/• !,

110%

*110

*93

28%

28%
80

36%
112

103%

102

32%

32

97

*93

27%

-•

110%

*110

97

28

27%

.

112

*31%

32%

*110
*90

.

110%
102%

112

101%

*

;•>■

Jones & Laughlln Steel——No par
5 fa-, pref series A—
:
—1C0 .; i

pref series B.couv

5%

2,100

1

21

112% Nov

Feb

15

105

Nov

27

Sep 29
May o
Jam

3

<

9% Jan
99V8 Mar

Dec

34% Sep
111
95

J, 28

Dec

26
>

15'

16% July

Feb

70

■34

*:

92%

;

79
Aug
26% .Apr

9
78

May 25

••

Aug

30-

19'/a

Jan

29-

54-

29

64%

Dec

8y«

Jan

<

Nov

93

Dec

20% Dec

Sep

25

Dec

14

July

109% Aug

Jan

,80./ Dec

4

10*8 Jan

18-

38% Aug 28/
27

v

3

66% Jan

100

l

Joy Mfg Co

1,900

3

22!

Jan

20% Jan
58

18 % Jun

Jan

Apr

16-

-

V

65.

Apr

82

Apr

12%

<

Jun

-v'.

'

20%

20%

*20
*116

117

■

14 Va

*36%

36%

*19'A

20 Va

20

14:

——

■

18%

■■/'■'

—w

/■«

m-v*!-'

'

36 %

36

36%

36%

20%

20 %

*19'/a

24%

24%

24%

*22%

' '

38%

23%

23%

38%

39

34%

34%

33%

^.^1

-

>

■

37

37%

•

.

'

3,700

J

v./:
.:

*23%
*39%

39%

■'••;*

9

8%

75%

/;:/

8%

76%
34%

34%

*103%

108%

*108%

27%

27%

27%

21 '/A

T—< 0 CO

33 Va

*108%

■<!

27

74

78

27

280

'■■■:)

'

74

500

9%

9%

10%

10

39

39%

39 Va

39 Va

38%

39

38%

39

1.500

37%

•

••

37%

37%

37%

37%

37%

37'A

37%

9%

4.800

92

90

9%

9%

9%

*10

9%

9%
91%

*89

31%

*31%

31%

31%

32

32

32%

32%

91

91

9%

9%

9%

89

91

460

90

*30%

31%

30%

31

31%

31%

32

32

49

*48%

49 %

49%

49%

49%

50

50%

50'A

12'A

12 %

12%

12%

12%

12

12'A

12%

12%

31%

*30%

31%

30%

30%

29%

30%

*

31%
*125

7%

8

7%

•

129

*125

130

*125

130

7%

7%
3

2%

2%

38'A

37%

38%

38%

38%

;.37%

38%

37 %

20

20%

V 20%

20%

20 y8

18%
i

2%

38%

2%

18%

18

18%"-

18%

52

/

38

7%
3

52%

52 Va

52%

5214

7%

7%

7%

734

*49%

51%

31

129

7%

*125

8 Va

8

2%

81.000

2%

2%

2%
38%

38

40

37%

38%

39%

38 %

39%

20%

20%

20%

20%

20%.

18%

18

18'A

18

18%

52%

52%

5?%

52%

3.900

6,200

8Va

'

(S S)

49%

77%

78

78

78

78%

78%

182

*32

*31

35

'

49%
43.%"

see




page

123.

79

*78 %

79

79

78%

:

*48

'

'

200

3«2

182

181

34%

*31

49%

50%

50

50 %

*48%

45%

45%

45%

1

*32

45

35

l.s-no

49%
45

!;

,

1.500

13% Jan

26

'

111

May 18

■:

Gas Lt

24% Jun

L:nic

Belt Co

113'

Apr

37% Dec

30

28%

Jan

35%

7

24

Dec

15

15%

Jan

20% July

4

42

Oct

25.

Jan

..

r..

.

;34

Apr
July

20

1%

Jan

78% Dec

6

34%

Jan

58% July

21

34% Dec

29

108% Dec. 22

Feb; 17
Dec

9% Dec

/

6% July

22

27% Nov

18

18%

Jan

24%

Sep

10% Oct

7

23/4

Jan

10%

Apr

27% Jan

4

Dec 29

23 Va

Jan

32%

Sep

31% Jan

4

247/a

Feb

32%

Nov

9Va

Jan

22

9% Jun

3

39

37 % Nov

20

13

17

Jan

4,

16% May

104

35

Jan

73

Oct

17

x31 % Dec

14

17%

Jan

29%

Jun

19

31% Dec

29

19%

Jun

Apr 24

49 % Dec

11% Jan
26% Jan

38'
8

Co.—10
25

21

-100

113

:

May 31

15

3

12% Oct
31% Dec

29

20

39%
9

Dec

29

July

Jan

120

Dec

18

107%

50

4% Jan

3

8% Dec

26

2%

Jan

No var
50
1
5

1% Jan

29

2% Dec

30

18

Jan

2%

—1
8

2S

Jan

7

127

15% Feb

4

39 % Dec

4

38% Dec

21% Jun

21

19% Dec

7

11%

9

18% Jan

5

17% Dec

27

Jan

3

42

6% Apr 24
8

39

Jan

68

% Jan

3

67% Ja,n

13

174% Jan

8

26%! Feb

3

Jan

20%

Jan

32

14%

Jan

8% July 20

5

Jan

49 % Dec

28

30

Jan

83% Jun

27

86% Jun

26

Nov 15-

32 % Dec

28

36

Apr

25

52

Dec

9

/No w*

37

Jan

6

44

Dec

20

22%

Jan

31

Jun

Jun

July
Jun

.

53 % Aug 21

182

July
8% May

24

19

29% Jan

Oct

Dec
Jan

8%

5

Apr 26

Jan

No par

Wks„;

v

14

Apr
17% Jan

lNo par
—

/

Jan

-23
_aX00

—

Lily Tulip1 Cup Corp
Lima Locomotive

Jan
Jan

Sep

Sep
24% May
16% May

108% Dec

—.

Myers Tobacco
_•_

102

Apr

17

11

(pew)f—No par

Life Savers Corp__
ei

Jan

8%

19% Jun 29
115
May 8

29%
.17

;

28

3

26

Series B

14%

29

Jan

/

Jan

Apr

25

Co—

Coro

Dec

7.%
11%

•

Sep
Aug

10%

32

62

Stores

11

Aug 31

19%
127

Jan

54% Jan

(The)

Lerner

19

39% Mar 11
20% Dec
x26

Jan
Dec

5%

No par

:

/Preferred
"...

•31% Mar

121

Feb

10
—_1

100
100
No par
Lane BryantNo par
Lee Rubber & Tire——:—-——5

.

170

181 Va

25

preferred—

5%

luggett

2,900
'

44%

•

900

'

Jan

20

25
28

6% Jan

j100
L

Llbby McNeill & Libby—

22,700

79

35

49

42%

footnotes

'A

78%

35

49%

For

*48

78

184

42%

52

52

78%

79'4

*31

49

-

78

*182

42%

8

*77"

183

183

182

50

50

49%

77%
77%

7%

4

Feb

No par

Co_

■

8

par

_-_10

Libbey Owens Ford Glass—No >par

3.500

.;

No

Lehr. & Fink Prod Corp—

1.800

5934

7%

7.800

r

4%

Kresge Dept Stores
Kress (S H) & Co

par

.4—1

Co...

Co Inc/--—
preferred-^——

Coal & Navigation
Portland Cement
4% conv preferred..
Lehigh Valley RR—
Lehigh Valley Coal—
6% conv preferred ^
Lenman Corp (The)-:

47.900

8%

No

prior preferred—

Lehigh

129

38'A

38%

7%

30
*125

$5

Lehigh

1,700

;

(G R)

Kinney

Koppers

Lambert Co

24,200

.

19

Jan

17

19% Jan

Laclede
-

800

12%

4

13% Feb

No par

Kroger Grocery & Bak

600

31%

49

*30%

f

•

1.900

33

19% Jan

*12%

21% Aug 18
14% Dec

9

Kresge

•'

3,000

10

124

3

29% Jun

/

900

10 %

:

27

% Jan

No par

7.

1,900 V

108%

No par

pt pfd A

27

Dec

6

Keystone Steel & Wire Co
Kimberly-Clark Corp—;

900

/

76

__1

B

Class

16% Apr
117

Kennecott Copper

<■;.; 1,100 v

8%

75 Va
33

-

V

.

Dept Stores
& Co

Kendall Co $6

10

500

90%
31 %

Kayser- (Julius)

33,300

23%

9

non-cum;

Kaufmann

/

38'A

39

76

preferred—_—100
1
5
Kelsey Hayes Wh'l conv cl A__
1
4 %

•:

900

.»■•■•■

•

23%

Va

8

No par
City Southern—_j_No par

900

187/e

39.

108%

*9%
A.-.

23Va

10

Si Furn.;

City P & L of ser B

200

37%

38%

Kan

Kansas

•

1,000

A

237/a

*108%

'

■

9%
39

*

33%

27%

39

37%

27%

108%

27 %

4

•

2,4%

*113

75 Va

75%
34

36%

18 Va

18%

/

17.500

23

23%

80

14%

'2)1

24

34

8%

75%

*19

20%

18%

38%

38%

--

*108%
*9 %

37%

38%

*8%

76

36%

•

37

Kalamazoo Stove

800

z:

'

24 %

A

9

9

;

14%

14%

*113

*38

24 Va

38%

20%
118

*117

23

18%

*113

*23%

*23%

20%

20%
118

24

24

23

18%

18%
115

37%

' ■.

—.

23

23%

18%
*112%

37%

75%

13%

14 Va

20%

■

115

36%

V.

*19%

36

23

18
115

*117

*24

C

<-•:

25

23

•

'<

*

'

*24

20%

117

14%

13%

14%

20
117

20%
117

*116

■

^-4

.

62,.

Dec

62%

Nov

171

Dec

,

43%

Dec

8%

Jun

41:4 July

71

73%

July
Jun

182% Aug
28% May

227/a

Jan

24

Jan

44

May

34%

Jan

43

July

'

■■■■'■■

■

'

'

•

•

:

t

■

' !

-

-

..........

RECORD

NEW YORK STOCK
Saturday"

v

sttare

per

per

v

y

vwre

f

snare

per

per

20% ,20%

20%

2J%

29%

2J%

30

20%

20%

21%

21%

22%

20%

50%

50 %

79'A
51'

15%

16%

15%

16:

42

41%

42

18%

18%

19 V4

<41%
18%

>79

•;

•43%

19%

19%

'

166

166

23%

47%

47%

48

32%

32 Va

32%

108%

108%

*107%

16%

*16%

17

16%

16%

22%

20%

22

20%

20%

9%

10

<13%

*24

24%

<23%

24%

<3%

*14

24% '

*

7%

7%

17%

17%

17%

17%

17

17%

17%

19%

19 Va

19%

19%'

25%

25%

25%

25%

19%
24%

25%

10%

11%

10%

41%

41%

41

28

28

23%

24%

>25

>

*40% *41%

*40%

32

31

31

20%

19%

*51%

51%

52

52

28%

28%

27%

28 Ve

<103%

104%

'104 Va

13%

*17 %

17%

*17%

13

1,200

;

52%

53

27

27 %

'

13%

13%

<110%

111%

17%

17%
13

12%

<98%

94

94

>15% > 16

55%

55%

> 54%

36

36

<35

36%

*36%

1.200

13

5,400
10

94

100

'94%

:•

35%

35%

15%

16

15%

15%

54%

54%

54% >55

1.100

36 ->

16

54%

35%

35%

4.500
320

>
'

~

36

36%

*35
>■

37%

37%

107%

100

38%

37%

37%

106%

107

35%

<33%

36

<34%

37%

37

107

107

107

107%

18

'

1,700

107

360

8

107

*

36

36

JO%

>

8%

26%

17,300

3o»/2

26%

36%

36%

36% i-'.:'

137%

53%

53%

53%

54%

55 Va

17%

18%

18

18 V4

18

18%

17%'

18

2%

2'A

<43%

44%

>

113

<111

113

6

23

51%

*114Va

*34%

33%

...

116%
111

51%

23%

22%

22%

23%

2SV4

25%

25%>>

25%

25%

32%

32%

32Va

32%

33

<32%
<96

23'A

<22

*80%

82

*79

13%

13%

13%
*52

■

t

1 '* 23

:

,<

9%

97 Va

<98

99

22%

22%

22%

*22%

22%

*115

13 %

.

.

55

115

53

*51

'

.

Motor

.Motor

f

22%

84

3,800

.

13

53

^ ■>•>•

$7

15%

Jan

22

69%

15%

38%:

38%

3 ix/2

37%

37

38 Va

20%

20 Va

20 Va

20 Va

20%

21 VA

>>■

-V

Km

:t>'

9%

9%

%>>>>
'

-

23Tb

•

15%
23%

v:

> 9%

9%
11%

>

.

20%

15%
<181

185

10%

15%

20%

20%

July

28

Jan

37%

19%

Jan

30% July

38% May 27
108 % Dec

20%:,

13%

13%

13 3 4

13%

14%

14%

14 %

13%

34

33

33

%

32%

33%

33%

34 %

14%

14%

14%

14%

14 Va

14.%,.

13 %

13%

13Va

13%

13%

13

13%

13

13%

25%

24%

25

24%

25%

25 Va' « 25%

25

25%
231

23 V*

23

23 3 b

23%

24%

14%

•

a

11%

^

.

;>»ii%

12

36%

36

36%

preferred

•Li

103 Va

24 %

>>

24%

•;.■•',

<177%

%

16%

*32%

-•':«-

.33%

7 %

V;. ••••>■■. *32'b

7 V4

*68%

21

21

211/4

7%

:>•'

s69%

•;

13

103

104

•

*177%
159

33%

*32%

.33%

7%

7%

7%
>

69%

■

'•

7%
69 %

70

15% >

15%

15%

15%

16

15%

15%
27%

♦

27%

27 V4

27 Va

27%

27% :>

27%

>

94 V4

93%

94

94

94

94

94

*98

99

10%

10%

<104%

*64%

66

<105%
34%
18%

11%

105a

10%

10%

17 VA

17%

17%

1.7

17%

31

31

31 % v

*30
*103

10%

105%

66

*61

66

66

108

<107

108

<107

106

<105%

106

*105%

34%

:

t'-1

35%
.19

19

footnotes

105%

.

*61

106

F**v

100..

11 "a

<107

-

108

*107

94

10%

31V4

see




iiage

123

35%
19%

'.

:••,

■•-

'

;■
'

600

1.700
-

.

700

-

36,400

6%

■

15Vb-

15%
27 Vb

:

.

"

600
60

12%

5,900

10%

16%'
<30%

50
100

68

66

<62

108

108

108

20

105%-

105%

105%

30

35%

34%

35%

35

35Va

20%

19%

20%

19

19%

National Ojl Products Co
National Power &, Lt—i

Corp

:

'

-

.-4
No par

:25
10
-40
10
_100

(The) Pa
preferred
conv preferred
6% prior preferred
National Tea CO:
No par
$2 conv

5%%

prior

—No pa\

-No par
—I
serial preferred
100
(J J)
—No par
r—

Neisner Bros Inc

4%%

conv

Newberry Co
5%

oreferred

series A__

New Jersey Pr &

Lt Co 4%

1.300

.

-10

;

Natomas Co

.

19%

Co-J.

preferred A_100
6% preferred B—
-i
100
National Linen. Service Corp
;_1
Nat Mall ft Si'l Cast Co
No par

Nehi Corp

300

<103%

No par

7%

6.900

.

31%

35 V4

National Lead
r

3,300

16%

_1
No par
--No par

,

National Supply

4,400

10%.
"■

Jun

%

Jan

4% July

Jan

6% July

9

Jan

Dec

2

9"%

Jan

*17

July

22

14%

Dec

24

May

30

3%

Jan

May 17

Sep

18 %

Apr

7%

Jun

31% May

20

13

43 % July

22

Jan

32

19%

Jun

Nov

July

27'A Mar

9

165

Jan

176

Aug

67'A Dec

28

37

Jan

60

Sep

2%

44

Feb

100 "

July 10

Jan

21%

IDA July 10

Jan

7% May
36

'

11%
104

Jan
Jan

Oct

110

12% Jan

Sep
22% Aug
17% Sep

LI3%

Oct

19%

Jan

29

8%

Jan

16'A May

38 %

Jan

50%

Apr

14%

Jan

25%

Jun

6%

Jan

n%

Sep

6

Sep

Newmont Mining Corp

8,500

Newport Industries

> inn
pfd_100
10

-

16
17% Apr 19

>.

Jan
96% Jan

9%

Apr

106 %

Jun

120

16

19% Dec

Sep

July

19

2% Dec

19
12

Dec

13

107

Feb

110

Nov

13

107

Nov

113%

Feb

Dec

21

9% Oct

5

3

Jan

8%

Jun

114

Dec

113*
112

30

64%

Jan

13%

Jan

A or

98

23% July 10

25

111

Jun

% Jan

29

6% Dec

July

July
3% Mar

18% Dec

29

3%

Jan

11%

39% Jun

26

17%

Jan

30% NOV

Oct

1»
75 %

Dec"

25

88% Oct

9

Apr

92%

Jan

24

113

Dec

7

116%

Dec

121

Aug 29
53% Nov 10

106%

Nov

114%

33 %

Jan

Jun

119

119% Sep

117

113

31 %
13

Mar

Apr

Aug

50

July

Jan

39%

Oct

Jan

27%

Jun

9%

Jan

17

Jun

30

11%

Jan

18%

18

Oct

42

21%

Jan

31

Mar

2% Jan

7

Jun

3

Apr

10% Oct

11

Oct

17

53

Jan

77

Jun

3

15

Jan

23%

Jun

Nov

6

62

Apr

79%

Sep

116% Feb

24

111

July

100

24% July
84

117

14% Aug 24

5%

Jan

Aug
11% July

6

34%

Jan

44

53% Oct

Feb

5

6%

Jan

15%

41% Dec

22

2314

Jan

40%

Apr

20% Dec

30

13

Dec

19%

Apr

19% Dec

20

July

17% July

Jun

5%

Jan

11%

13% July 12

8%

Peb

12% July

15% Dec 21

8%

Jan

13% July

13% July 10

15%

Jan

23

Jan

176

July

24% Dec

9

181

Dec

14

21

Dec

21

16%

Nov

21%

17% Apr

18

5%

Jan

10%

Dec

30

18%

Jan

29%

Dec

23% Aug 21

10%

Nov

13 %

Aug

34

162

Sep
Jun

Sep

14% Oct

14

9%

Jan

14 %i May

25% Dec

19

14%

Jan

21% July

24% Dec

20

6%

Jan

Mar 15

12

•

Dec

37

14% July

104% Dec

9 % Mar

15%

Sep

32

Dec

36

Dec

*25 %

Jan

14

17%

Jan

5
11

Jan

11%

Jun

70% Jan

90%

Nov

37'% May 24

6

29%

Sep

14

Jan

181

Dec

14

160

Jan

178% July

159

Dec

22

137

Jan

150

Jun

25% Jun

27

20%

Dec

22% July 17
23s

Jun

27
28
4,

July 20

17% July 10

14%

Jan

22

May

27

Nov

36

Jan

2%
52

5%

Jan

Jan
Jan

7%

Jun

64% July
15% May

30 % Mar

16

14% Jan

28%

Jun

Dec

29

57

Jan

80%

Jun

98% Dec

20

62

Jan

88

11% Nov

2

95

11% July 12
18% July 11
2% Dec

16% Apr 24

Apr

30%

70

56
Jan
106% Dec 15
104
Dec 11
27% Apr 4

34%

31% Jua

5

1

Jan

Jan

7

22

July
32% Mar

26

Jan

Jun

11% Feb
4
24% Nov 20
79% Feb
4
83% Jan 6
5% Jan
3
9 ' Mar 4
13% Jan
3

42

Sep

4%

5

% Dec

57% Feb

12% July

Jan

23%

Jan

7

5

Jan

25

53/4

34

28% Apr
( 5% Feb

Sep
34% July

18%

46

8
2

Feb 25
Jan 18
Dec 30

Feb

58% May 29

7

87%'Jan 11
Jan
7

Feb

78%

27

Aug 23

144% Oct

Jan
4
May 18

19
164
141

Apr

89

Jan

20 Ve

8% July

4

xll%Feb 11
19'A Jan ; 3
13% Jan 29
• 11% Jan • 5
30% Feb 3
*26
Jan 25
9
Feb 5

10%

Jan

60

28% July 10

26
27

,

Jan

673/4

39

14
13
: 4

Sep 14

.

9,600

,

27%''
94"

11%

10%.

8%

3 Vb

27

24% Dec

26

Gypsum Co
1
1
$4.50 conv preferred—>No par

National Steel

> i 99'A

<98

:

Mar

176% Nov

xlO

preferred10
Products——No par

2,100

-

105%

20
170

157

-

.

>>93

.

11%

105 %

Dairy Products

National

4,700

3-

.21 'A

~

Dec

24% Mar

12

1

Nat Enam & Stainning

•

490

:
•

1

•:

.27%

11

*30

.s

7l5%vV

99

*103

>24%

'

16%

31

;

34
:;•> •. •-; 33%
7.%'. >> •>•7% > 7% ':;• .70, V- :-70%
.69%: r"

99 VA

"

■

16%

*98 V4

.

'

500

102,:;

/

Apr

1

Aug 10

29

—No par

Register

Nat Distillers

8,500

33%

16%

,16V4'7
%>"

:?1

98

:

17.600

.<39 > > 40

177%"

10%

16%

200

.

V

'

11

,10%

16%

>'

24%

178 V4> •> 177 Va
157
159
'

98

10%

*29%

7-

Cash

10.400

-

Sep

19%

51% May 17

9%
> 20%
165
> 18
8%

10

—

National Dept Stores

102

12

Jan

15%
320

25% Dec

25

Jan
10% Nov

No par

Share Corp

Nat

>

Jan

14%

20

Jan
5
Jan
3
Dec 27

;

National Cylinder G is Co——

'

•

&

Nat

National Can Corp

33

33

:

Bond

'1,400
12,100

2,500

-

Jan

6%

16

5

21

Mar 1
Feb 17
Jan
3
-Apr 18

!—

11,300

.

21%

22

21 %

''

Co

preferred

25%

>>,24

24% :

'.,16%'

7%

.

"4(T»

3%

13

8% Jun

28
13%
18
9

10
_5
-i0
100

Corp

Aviation

13 Vb

> 103%%

<157

16% :*

conv

National Biscuit

•'

-24

6%

National

Nat

13.%> >>>•13

,*177%

159

<16

:

'

24%

178 y4-

Fibres Inc
preferred

Nat Automotive

100

>

.

Notional Container—

'

V

69

69

40

24

.

157%

v
•

39
13 \\

103 Va

'

180

157Va

16

21

24%

24
177 Va

159

16

.

> >16%

180

*157

103 %

Y
*

>37

:

39

13%

•

Co

Acme

National Airlines

4.400

23%

29

Dec

4

11% Apr 24

100
1
—1
1

Louis
1

St.

&

7.100

>

Nov

24% Oct

Aug 12
May 24
Nov 24
8% Jan 3
43% Jan 5

5

Corp

Chatt

7,000

*12
.12%:
37%
37% r ,■>>37'%

12

12

Nov

10% Dec

20
70
110

-No par

•14%

/
V3'

Jan

15
315

16

26'A Apr 19
4% Jan 4
72
Jan
4

100
10

& Bro

2.500

21.

••>-14%'.

10

12

33% Dec

>.,.33% .33%

24%

» 24
.-.'•

36%

36%

13%

103%

13%;;.:

13

37

13%

>

12

*11%

.

36%

37

>;>:

103%

•

12V4

Ll.'" "...

37%

36

...)

•

.

14%

Jun

21

Oct

25% Dec

National

400

-

,14% >14 V4

-

138% Nov

Jun

19

22% Dec
391

Nov 25

•

1
.—>-1
No par
.-No par
No par

Co__.

Brass

Nashville

;

182

20Tb

■

.

-

Jan

5

16% Jan

5

Wheel Corp

Nash-Kelvinator

15%

>;

May

133

16

Mar 13
May 22
Sep 28
Jan 19
Jan 13
Feb 5
Jan
3
Jan , 3
Jan 3
Sep
7
Apr 25
May 22

No par

Products Corp—

Myers (F E)

100

24%

24

182

33
»

12%

15%

—

185

■

*20%

20%

1.0%,

24Va

24

24 Va

23%
*181 Vb

;•">., 18 V4
<12

29

13

15

26,700

18 %

12

20%

11

Dec

27

>1,010
6,800
6,000
6,300

:

21%

,

10%

12

15%

>-:. 15

15 VA

24%
184

*181

:

20 3%

20%

9%

11%

19

18%

19%

18%

9%

12%

«.>-'>

24 Vb

184

*181

-iy'..',

>>21%

21%

July

Nov

24% Jun

(G C)
4%% preferred—
,
Murray Corp of America

70

38'A >39%

38%.

-

> / 21%

■

15V4

*15

9%
*11%

■■

1

12

12

19 VA

19

19'A

19

38

79

Dec

35% Dec

Murphy Co

8,100

16

15%

Oct

48

Nliiill©SS
16Vb

16 Va

16%

15%

16%

15%

16

31 /

Jan

21 % Jan 11
15% Jan
3

1———

Munsingwear Inc_.

» 300

53

>■

4

Dec

—50

Essex

&

M"hins Mfg Co class B

.

400

.

114%

;• 13

,

163% July
22% July

107% Jan 5
41% Apr 26
35% Jan 11

Mueller

30

84

'■>: *113%

13%

13%

13%

13%
*52

>

■

99

*22

>.>

Jan

series C
No par
& Co
—No par
(John) & Co——No par

preferred

Morris

1,400

v*i 9% »

99

84

115

115%

2,200

T:V,

.

Montgomery Ward

Morrell

i

3.200

25

_10
No par
No par

A

B

"

*82

'

83

83

83

200

32%

9%

>,:>•

9%

9%

>

ser

Preferred series

>> $4

27.700

,/••>

preferred

$4.50

60

23

24%

21% Jun

148 %

30

114

100
20.
No par

Tool

Mach

Monsanto Chemical Co
.

12.420

32"

>

97 %

55

*52

55-..

23%
25 Va
33

Va

10

115%

*115

115%

*115

.">■

-

24%
33

■■

9 Tb

97

<96

97%

<22%

9 TB

>:

10%

10

>> 23

Oct

148

6

105
108%
107
6%
93%
17%
2%
8%
29
19%
74%
111%

—No par

preferred series A
Carpet Mills

1%

>

37

23

16%

24% Oct

36% Apr 26

,

?

10

•.

Mo-Kan-Texas RR

■»-' 90

41 V4

34%

%

Corp

Mission

.

Monarch

60

3>'<

_100;

preferred series C—_—100
4 7o
preferred series D_,
100
:> Minn Mollne Power Impl—
—1
$6.50 preferred
:
.—No par

.

51%

41 Va

35

„

6
Apr
23% Sep
27%'Jan
116% Jan
46
Apr
12% Oct
1% Oct

4% %

700

:

51%

34%-

No par

.

/Mohawk

■:■:.>>>

115

11 % May'

Jan

111

52% Feb 4
4% Mar 6
>32% Mar 10

——5 >•...

Minn-Honeywell Regulator
4% conv pfd series B

540

113

41%'

25

22%

111

•■i,

V
>

vtc

B

Class

2.700

51
51%
41 'V"-'-'->■<40%

34%

35

*114Va

114Va

;

34.300

111%

;>> <110%

114'/a

51% Jan

Nov

20% July 13
165
Dec 29

;

10
.-No par
8% cum 1st preferred
100
Minneapolis & St Louis Ry—No par
Minn bt P & SS M A vtc_„No par y.

'

81

80 Va

111%

111

;

26%

26%.

>

81

34'b

50%
*40%

41%>
■

2fe%
113

*111%

„

Products

Steel

Midland

31.400

19%
36%

36%

,37 v4

80

111%

<110%

%>

-

26

79%.

79%
111%

51 %

50%

41 Va

33%

51

27%

*26
•,

111

33%

6.300

6%

6 Va

18%

200

•

>>-;

■

'

80

114

'

"

6%

24

23%

19%:

18%
37

7.300

.7%

109%

24% >>>

5%

18%
35%

114 %

<39%

6

I8V4.

<110%

116

•■■■% 70

111%

7%

109 V4

23 Vb

36

lll'V 111%

110%

110'A

8 Vb

109%

24

534

Va

25%

V4

•79%

113%

*114%

6

30
———

109%

•

7%

111

22%

'

80

79%

8%

7T'0
*109

4001
;

'

18%

*35%

25 %

<25

111% ;•<•> ' *110 %

36%....

17%

35%

*111

*110%

.

18%

<35

111%

7%

6

6%

•

18

*110%

22%

22%

22%

22%

113

Jan

6%
18 Vis

*

;
Petroleum—

Mid-Continent

1.800

113

<110

*110

111

*109

111

210

44% >:>
•>>>."'44%
113% *113 Va

45

*44%

113

par

—

Copper

Miami

.

7.500

2%

2 Va

*110

7%

7%

7%

2%

18%

111

111

*109

>

37%

Dec

.

1.400

>

57;

17%

113

*110

'

V

55

>>>'

*113

-—

.

137%

2 Va

45

45
*113

-

..

2%

2%

>

44

44

*113

*110
,

2%

2%

<113

137

138

138

Corp

•

1.200

'

138%

138

137%

53%

*53%

36%

> 36%

Dec

Jun

16% Dec

106% Mar; 7 > 110% Doc 13
29% Oct 16
19% Jan
5
21
Jun 28
McCrory Stores Corp
—I ■>
16
Jan 13
112% Apr 13
5% conv preferred w w__
-100
109% Feb 23
32% Oct
7
McGraw Elec Co
1
27
Apr 27
22
Dec
8
McGraw-Hill Pub Co—
No par
i4
Feb 29
55% July 6
Mclntyre Porcupine Mines
5
47
Mar 20
28% Nov 13
McKesson & Robbins Inc
_18
21% May 1
104% Dec
5
$4 preferred i
—.—No par
97
Apr 18
13% Oct 14
McLellan Stores Co_
—-1
> 10
9
111
Dec 19
5% preferred
100
103
Sep 14
19% July 20
McQuay-Norris Mfg. Co._.——10
16'A Aug 8
13
Dec 15
Mead Corp
—No par
8 ' Jan
3
100
Sep
8
$6 preferred series A
No par ;> 82
Jan
4
94
Oct
6
;
$5.50 pfd ser B w w
No par
70
Jan
3
38% Nov 10
Melville Shoe Corp
—1
31% Apr 28
16% Dec 23
> Mengel Co (The)
'
1
8% Jan 4
55'A Dec 29
:>
5% conv 1st preferred
50
37
Jan
4
39
Aug 10
Merch & Mln Trans Co
No par
25
Mar 1
38
Dec
9
Mesta Machine Co
:
5
27
Jan
3
107
Dec 20
Metropolitan Edison 3.90% pfd—100
107
Dec 20

8.700

26% "26%

26%

54

138%

<136%

"

8

8Va

8

27

36 V2

26%

64 % July

No par

preferred

1st cum

McCall

'

26

26

8%

8%

7 Tb

7.%

7%
25%

25% Mar

Jan

._

100

15%

:

54%

1,400

111 'A

54%

35%

35%

35

35%
15%

>

.14%

12%

'

15%

200

18

v?;

94

94

105 %

<14

100

94

3,200

<98%

13

100

1,000

27%

*110%

17% : 37%

12%

*98%

600

52%

27%

105%

104%

104%

700

21 »

:•>; 52%

<20%

52'A

-

32%

*20%

20%

104 %

116

32%

21

14%

12%

35%

36%

20'A

31%

111%

100 >

<92 Va

93%

*107

28%

20%

No

Wks

preferred—

—

$6

28%

par

—100
May Department Stores—
i 10
Maytag Co
:
—No par
$3 preferred-;.
No par

100

500

<112%

14%

17'A

*98%

93%

41%

20%

<110%

HIV4

12%

100

100

*104'A

14

"110'A

12%

1,700

•

par

1

Alkali

Mathieson

•

4,100

•

—No
No

,

Elec Co_

Master

1%

9%

28%

31%

32%

27%

27

1051/4

13%

111%

3,200

66%

'

13%

24%

•

*40%

116

*112%

116

32%

*51%

*110%

2,700

<110%

20

20%

*112%

32

19%

21

20%

27%

1

Co

L)

Corp—
Corp__

Masonlte

100
No par

Martin-Parry

,1,900

66'

41%

28

28

20

20 Va
116

112%

116

28

27%

*20

20 Ve

<19%

Martin

21,200

>•:•: 8%

*110%

*110%

>>>>

27%

28%

<27%

<112%

15,100

11%

41%

24

•

,66%
9%T

>40%

41%

41%

41%

110%

*110%

9%

9

9%

9%

5

prior pfd

& Co—

(Glenn

26

*175

8%

1

Corp_'.

6%

Ry

Marshall Field

11%

24%'
•

65%

67

St

Market

5,200

21%

Nov

44

10% Feb 14
18% Feb 24
>
2'A Jan 19
6'A Jan 3
>12% Jan
5
13% Apr 27
16% Jan
3
4% Jan
3
37% Apr
4
25% May 5
19% May 2
170
Mar 2

———No par
1
—25

Midland

2.890

19%

25%

*175

66 Va

Marine

40%

;

28

27%
24%

50
—1

'

12

24%'

24

-10

Exploration,

18%

17%

41.%

*175

v

y (

Bros

27%

11%
41%

28

*27%

.•

66%

66%

9%

8 TB

,V

Sugar

Maracaiba Oil

-27,300

8 «/8

-No par

Co__

Manhattan Shirt

300
6.300

•

241/4

24%

Manatl

RR
Co

'

4 ;f,.v

>19•

25%

11%
41%

41'A

28

*27%

.66%

*65%

11

41%

•175

*175

.

>

107/b

100

Copper—-—

Maude!

11,100

•24%

8

>•'

i

15

24 %'

19%

>'

.

Magma

Mahoning .Coal

>10%

:£<■: 3%

17%

19%

'19%

460

9%

8%-

8

8%

400

9,200

>14

24% '
4 >

3%

'

16%

*350

15

Co Inc___l—+-No per

4%%

20%

10%
-

*24'A

■

Macy (RHI

16%

4b0

.

14

4

7%

7%

7%,

>

25

3 Tb

3%

3%

3%,

.

10

10%
15 >

10%

15

*350

460

*400

460

■400

15

6,600

.19%

-

Jan

12 %

53

135
Feb 21
34% Jan 27
X26% Aug 1
104
Jun
6
14
Jan 12
14% Jun 9
315
Jan 21
6% Apr 24

100
No par

pfd series A
Madison Square Garden

15%
42 %

3

25% Apr

10

preferred—

32'A

21% July

;

—

Trucks InC_,

108%

16%

>>

'

6%

31%

20%

M

;; MacAndrews & Forbes
Mack

*107%

17

10%

900

per thare

Jan

81% Dec

.17% Apr 29

100

12%

23% Nov

3

Jan

Highest

$ per share

22% May 17
30% Dec 15

151
Jan 5
20% Jan 12
69% Jan 3

No par

2,700

32%

20%
470

.

8% Jan
28

——.--10
-—100

49%

108%.

32

<107%

17

10

,

148

48%

49

48%

48%

32

*13%

1,600

29%

*143

148

*143

148

47%

*400

>

600

-

>;>>

20%

V

29%

:

110'A

29%

29%

29

32%

"107%

23%

•

preferredLouisville Gas &• El A
Louisville & Nashville—•,
1%

10

■ •

47 %

107%

'>>>.:

Highest

14% Jun 7
58
May 1
40% Feb 24

;;

__

Year 1943

Lowest

f per share

17% Nov 20
19% Jan 13

-——-No par
Lone otar Cement Corp
No par
.Long Bell-Lumber A_
No par
Loose-Wiles Biscuit
25
Inc

Loewxf

f Lorillard iP) Co„

3,800

19%:

109%

110

109%

32%

*107%

"1,800

168

*165

166

23% '23%

23%

*143

148

43%

19%

111

28%

29

*143

148

..

1,800

>" 9.700

44

'

23%
110,

V'.,

16
'

43 >'

19%

v

5,009

51%

15%

Liquid Carbonic Corp__
Lockheed Aircraft Corp

2,700
46.000

78%

'51
;

*164%

nr

<28%

29

143

16

43

>••%">•>>

*25%

51%

16

19%

>

23%

23%
lil

110%

110%

51%

16%

42%

■

1(56

%64%

24

<23%

r

51

T
>

'

78%

•

166

*164%

» 51

> >>" 16

22%.

77

79

79%

' :■> > 791/4

80%

50%

'

30%

21%

No par
No par
—1

.Lion Oil Refining Co

1,900

20%

30 %

*

30%
22 %

Year 1944

t per share

Par

Shares

share

per

Range for
Lowest

'

EXCHANGE

the Week

,

20

20%

"

21%

30
'

79%

S

share

per

20%

20%

29%

20

*

i

snare

29 %

20%

Jan. 5

Jan. 4

Jan.3

.

Range for Previous

STOCK

YORK

; NEW

for

Sales

Fridav

Thursday

Wednesday

■' ■:>

Jan.2

Jan. 1

Dec. 30
$

Tuesday

STOCKS

SALE PRICES

HIGH

AND

LOW

Monday

119

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4349

Volume :161

2%

Jan

6

Jan

9Va

Jan

Jun

7% May
10%

Apr

19% July

20

16

Jan

25%

Oct

74%

Jan

98%

Nov

37

Jan

57%

Sep

5% Oct

26

8

Nov

6

110

Jan

22

106

Dfec

26

106% Mar

114

Aug

35

Dec

29

26%

Jan

37%

Apr

22

July 10

10%

Jan

19%

Oct

•

T-esday.

Saturday

Jan. 1.

Dec. 30
S

t per share

par

share

23 %

28%

35

35'/a

35%

44%

44

168%

"163

"85

22%

21%

39

39

39%

39%

39

224%

227 %

229

600

39%

224

234'%

1,380

,

N

54

"105%

20%

19%

20%

36,700

54%

55

54%

543/4

54

54

54

11

10%

11

"53

54

10%

10%

20%

21%.

20%

20 %

X20 %

20%

53,700

"113%

1143/a

100

33%

8,100

213%.

114%

113%

113%

31

31%

31%

32%

33

34%

33%

33%

49%

49%

49%

50

50%

50%

50%

50%

114%

114%

114%

114%

6%

6%

6%

6%

"6%

6%

6%

"50 "a

50%

"50%

50%

"50%

50%

50%

13

"13

13%

*108

108%

y

'

12%

*108Va

108%

1,100

63/4

:50
50

Aviation

—1

North American

1,300

13%

13

Northern Pacific Ry

108%

*108

25%

18%

18%

18%

18%

25%

25%

25%

25 Va

25%

25%

106%

106%

106%

106% 106%

106%

106 Va

108

108

23 Va

23%

23 V*

*156
*41

58

13 Va

13%

12 Va

*11%

*45 Va

46

*24%

25%

*13

16

24%

34%

*

34 Va

*13%

2Va

2%

30%

21%

8 Va

7%

20

7%

V

•

/'/

4

,

■

-■'A.'-/"

4
67 Va

67%

/■'? 4

19%

31% '

31%

69%

V

*30%

•

34%

34%
70

•

*30%

31%
69%

r

16%

16%

17

25% V

24%

25%

24%

25

20

20

21%

20%

21 Va

93

93

93%

93%

93

.

f

:

67%

*26

27-'
■

—

66%
*26%

*106%

•

.

'/a

8

9%

-1

70%

69 %

27%

*26%.

68

68 3/4

27

26%

26%

35,000

593/4

60

*107

107%

107 Va

108%

1073/4

108

213%

21%

106%

106%

Va

21%

21%

21 Va

21%

69%

21%

25

25%

25

25%

*116

119%

*116

119%

"117

34

34%

34

34%

34

93

94

93

90

25%

25%

25%

*117

119%

104%

104%

*104%

105%

*104%

105

107%

107%

*107%

108

*107%

108

*14%

15%

*91

15

*110
44 7

4434

A

343/8

91%

*89%

90

800

105

170

104-%

107%

116

107%

"143%
"110

45%

15
116

*1043/4
108

*14%
"110

45%.

45%

44%

44

*12

12%

12

12

12

12

"11%

12%

*25 Va

26 %

25

25

25%

25%

"25 3%

26

*106%

108 Va

*106%

108%

*111

135

*111

135

Va

8 Va

8%

8

^

16%

*P9%

102

57%

56 Va

73

73

*71

73

20%

21

21

21

*

—

*176

9

%

89

,

9%

•88

16%

16%

90%

*88 Va

89%

1,000

9%

9%

9%

1.600

88

*87%
16%

167%
192

6%

6%

9%

192

6V8

•

9%

9

105

"101

58%

57%

58

57

74%

ni

7J

23%

17%

23

100

163A

900

74%

%
23%

233/a

20

192

6%

22.300

9%

V

5,800
30

105

74%
25 %

700

13

77

77

77

77

75%

76

18%

18%

18%

18%

183A

•

270

200

*23%

24%

24%

24 %

24%

24%

24 Va

25

12%

'12%

12%

mi

12%

,12%

12%

12%

17%

17%

11 VA

17%

17%

18%

1T%

17%

17%

17%

17 %

18

*17%"

17%

*17%

18%

"17%

18

*17%

53

"52

53%

53%

53%

*53

54

*52

*57%

57%

57%

118%

118 Va

118%

58

58

118

118 Va

17Va

17%

58%

58%
118

118

17%

17%

58%

58%

118%

1173%

17 »/2

17

$6

,y

Corp

Jan

13%

Jan

55

19

14%

Jan

25% Dec

3

15

Dec

28

16% Oct

3

Jan

10

35'/a Dec

27

23%

Jan

:i 39% Jan

3

Dec

15

33

Jan

19

Jan

91%

Jan

119 Va

Sep

Dec

160

Oct

.

25% Jan

;

48

149

42% Dec 30

10

Jan

17% July
5
Apr
43% July

Jan
Jan

July 17

7%

Jan

11% Oct

105%

Jan

2

Jan
Jan

113% July
4
July
45 % Dec

Jan

15

51% Dec

35 Va

5

July

45

Jan

6

61

103/

Jan

10

109

Dec

16

106

July

23% Jan

27

30

Dec

9

15%

Jan

30

July

16

37 % July

5

17%

Jan

72%

Dec

Va Dec 30

1 'A

Jan

2%

Apr

31% Aug 18
23% Jun 17

27'/a

Jan

w" 27

Sep

2

1% Mar 27
26% Apr

100

18% Feb

28
7

4% Jan
15% Apr

1%

20% Dec

19

16%

Nov

% Apr

10

59 Va Dec

5

51%

Dec

93% Feb

7

Nov

29

80

Jan

13% Apr

18

4 24% Dec

9

13

Nov

9 Va Jan

3

17% July 14

3%

Jan

2% Jan

10

Jan

9

5
Aug 14
x70% Nov 29

1%

37% Feb

33 Va

Jan

18

51

16

113

May
19 Va May
6% May

Jan

-29

May
60% Mar

100%
9%

13%

Jan

10

108%

Jun

23%

Jan

32%

14

17%

Feb

24%

46%

Jan

61% July

1%

Feb

18% Dec
112

32

Jan

Dec

'! 70% Dec 29
17% Dec

23

•

17% Mar
113

7%

10% Jan

3

29
19% Dec 29

5 Va

Jan

16% May

4

96

Dec

15

34 Va

Feb

33% Jan

5

65% Dec

16

19

Jan

58% May
41% May

5

;
'

23% Mar
7

Sep

26 Va Dec

28 Va July

23

Feb

26 % May

6

107% Nov

21

15
3

9% Jan

12

~6%

Jan

10%

July

10

July 14

5 Va

Jan

8Y4

Jun

71

Dec

29

6

40% Apr 26
20% Feb 24

26% Dec

29

20

Nov

3

37

Jan

*51%

5

59% Dec
108% Dec

8

88% Jan

19

68%

Jan

91%

Sep

19

May 16

21% Jan

3

22

Dec

23% May 13

26% Oct

21

25%

Sep

29% Mar

18% Aug
24 Va Oct

119% Oct 21

Apr

26
25

100

104% Dec

23

110 V July 12

104'/a

Nov

113 -

July

.100

107% Dec

12

115

109%

Jan

117%

Jun

11% Feb

117

117

37

July 10

96

3

Oct

7%

Jan

Feb

14

July

Jan

100

July

50

14% July 15

3'/a

Jan

10%

18%

Jan

26

par
—5

Apr

4

23% Feb

23

28

par
.100

105 Va Nov

18

108

July 11
Dec

102

Jan

5

Jan

27

•-8% Dec

30

3%

13

92 % Dec

29

34'A

Jan

7 % Apr

10% Nov 30

18

25

9

9Va

Feb

4

168%

Nov

1^8%

Nov

170

Jun

182

Aug

4

Jan

5

4%

Jan

10% May

30

59%

Jan

90

62% May

preferred..
Bolt..———No

190

No

par
.100

preferred class B_
preferred class A——.100

Jun

Mar

171

3
3

6% Apr 25

Mar

77%

Dec

4
25

4% Jan

9

Jan

17

11% Jan
164% Jan

par

Jan

30

183

Apr

■

»

Aug 22

6% July
9% July

82

Sep

14

100% Dec

45

Sep

14

3

10

24

Jan

Nov

15

Nov 15

150%

Jan

1%

6%

Dec

7%

15% May

Jan

58

Jan

1st ser conv pr

.100

(Th»yL_—JuiA

1

_x-ii——L—

.100

175

8% Jan
69

26

May 16

175

Dec

14% Dec

19% July 11

14%

Jan

21% July

25

18

Jan

23 V4

Apr
Jun

14
15

87a Apr

25

13

Va Dec

20

4

Jan

13

par

11% Apr

25

18% Dec

13

6%

Jan

13% May

12

6%

Jan

13

15

24%

Jan

40%

Jun

48 %

Jan

58

Sep

114%

Apr

123

11%

Jan

17%

Apr

75%

Jan

96%

Oct

May 29

11% May 17

..50

35% May 19

55 % Dec

52% May 19

5!)

Mar 25

121

440

110%

111%

110

110%

1103/4

1103/4,

950

7

122%

122

122%

122%

122%

650

8 %

preferred
preferred
% preferred
preferred

par
.100

of Feb 1 *29)

6%

121%

No

Gamble

116

.

No

par

13% Jan

—No

$5

Dec

19% Jan

—5

1,160

74%

16% Sep

2d preferred—

of N J

.

par

1st preferred

Pub Serv Corp

Dec

Jan

conv

(ser

Nov

10%

20

conv

pfd

Mar

16% Mar

83% Nov 30

5%

5%

75

168

1

Pocahontas——No
No

Co class B;

&

19

Jun

July

5

Plymouth Oil Co—

Procter

Dec

5

59

Nov

.100

.•

7% May

68%

90

.100

1

Dec

Jan

102 >

Feb

Jan

68% Feb

Apr
May

28

61

Co..No par
No par

Jun

Nov

100

Forglngs Co
Chic Ry

90 %

79%

Nov

48% July

100

.

26% Jun

Feb

427/8

.25

No

71

8

15

9

Aug 15

13%

21

14
19

X98

20

16% July 14

Jan

42% Sep

par
.100

—No

preferred

Creek

Sep

24% Jan
82
Feb

No

preferred
& Chemical

&

Sep

Sep

54% Jan

29

Pond

Dec

Apr

49 % Jun

100

C & St Louis RR.;

—

Jun

par

Mills Inc

Preferred

Oct

3% Mar
45

par

Hosiery

Co.

Sep

20 V4 July

33% Dec 30

Mar 17

15

55

16

8% July 12

3

21% Jan

.

32

Jan

26

22% Aug 12

108 3/8
-

9

2%

18% Dec

22,200

6% May

23%

Steel Car Co Inc..

3/a

Jan

8

Pressed

250

118

28% May

3 Va

114% July 13
5% Dec 15

3

Jan

Dec

V 45 % July

7

Aug

36Va Dec
19 Va

16%
31%

Mar

147

Sep

6%

8

2% Jan

12

5
7% July 25
17% Dec 11

8% Feb 18
45% Sep 26
109% Jan

10

par

A-

Coke

Pitt,-ton

Apr

July
25% May

17% Jan

73

103%




Jan

61% Jan

108%

123.

7%
6Va

23%

3

103%

page

19
28
4

Apr

48% Jan

Poor

4,000

13'*'a July

14% Sep

3

Oct

July

13

3

19

6

108 3%

see

64

11% Jan

103%

footnotes

Jan

.100

108

F^r

54%

Pittsburgh & West Va——
Pitts Young & Ash pfd—xi_

103

.

19

57% May

Va

121%

Jun

64

.100

108 %

111%

Apr

67%

pfd

103

121%

Sep

38

Jan

.10

preferred

5%7o

108

110%

154

Jan

25

Pittsburgh Steel Co

103

107%

Jan

28%

27

Pitts Screw &

5%

Dec

46

3% Jan

—

Pittsburgh Coal of Pa

7%

Dec

30

-.3

preferred
Phillips Petroleum

103% '

111

com—

10 Va

105

142

28% Apr

Phillips Jones Corp

17

121%

29

Sep

Jan

21

5

series—

1%

Jan

69

26
12

Sep

29

No
No
No

4%%

103

108 %

Feb

8% Jan

—1

Preferred

Pittsburgh

3%

% July

75 Va Dec

12% Feb

Corp

S5 conv

21

43% Dec

157

3

series—

Pitts

Jan

16

4% Jan

& Co Inc

4%7«

6%

11%

11% July 19
•
Dec
5

8

7% Jan

"Preferred

17%

110%

108% Oct

163

Philip Morris & Co Ltd

$4

Oct

5

108

Jan

No par

preference; com
4.4%
preferrca

Pillsbury

Apr

14%

4

Va Mar 22

28% Oct

123% Dec

Brewing Co

Pncenix

July

45

Jan

19

Apr

105% Oct

preferred.

Phllco

Dec

6

Jan

8%

16
27

Jun

No par*

(Chas)

23 Va July

41% Aug
V:

21%

——100
of America—
5

$1

103%

108%

31

Oct
Jan

27

00

Phila Electric Co.

17 Va

121%

Jan

Jan

.25
Phelps-Dodge
Corp
Philadelphia Co 6% preferred—. .50

103 %

108

Jan

x3 %

8,300
400

58%
17

Jan

36

5

5%

53

'

15 Va

13

July

2.200
/

173/4

53

*

6,700

11

107

15%

10% Jan

2nd preferred

'

13%

12%

12%

10,100

13

13%

24%

*24

?Q 0

-

*176%

"176%

13%

17%

■

1.760

573A'

116% July

11

Pitts Ft Wayne &

13 %

-%.•

77

"101

*176'/a

':

13%

.17%,

102

89

*175

Jan

27

Pitts C
10.800

73/a

21%

-

77
i;

17%

17%

x90

92

"190

56V 8

■

13%

80

*77

135

7%

"175

102

,

.

13%

13 Va

108 Va

"111

100

•

7%

73 Va

-

500
300

*107%

7%

*190

57

•

26

135

8%

8%
100%

-7.600

113A

108%

9%

8%

453/4

24

53* /

22 Va Dec

7%

"111

6%

56%

120

/

300

"107%

8%

8%

,100%

*25%

:

15

135

6%

8 %

113/4

108

116

107%

6%

6%

45

*175

190

190

%

*88

'

'

*175

190

9%

16%

*16

1G%

92

89

89

88%
'

*175

7%

9%

9 Va

9%

107%
*111

Va

91

91

91%

a

6.400

*34%

104%

15%

15

116

*14%
*110

116

*176%

1.800

25'A
119%

34

18% May

116

—i— 33%c
100
100
100

Pepsj-Cola Co new
Marquette Ry Co
5% prior preferred
5% preferred

260

31.900

26

Jan

28

1

,

21 %

'

93%

6

1.310

Jan

7%

24 '/a Aug

No par
—No par
No par

Pere

Milk

Dec

91%

6

%'A>

101

15

Dec

7

4

Pfizer

593/4

Apr

Nov

50% Dec

Jan

Pfeiffer

68

Jun

14 Va

8

July

31% Dec

5% Jan

Petroleum

593/4

56

38

122

\

115% Apr

.-5

1,700

26%

Jan

Nov

Jan

192 V2 July

Jan

113

22 Va Dec

4.100

Ry

Eastern

2.900

70%

48%

106

—100

&

9%

27%

Jun

5

257a Mar 17

8 Va

59 Va

56y4

110% Mar 17

9%

68

18% July

Jan

162%

11% Oct 23

Co

4

59

Jan

49 Va

54% Dec

(Chic)

Pet

27

9%

20

Jan

Inc

Peoples G L & Coke

30

27

16

Oct

56

50

8Va

•

6

19% Dec

Peoples Drug Stores Inc..4

100

f Si"

30

26
27

100

9%

Va

5%

3.500

•

-V

69%

93%

•

70 Va

27%
106 Va

26

Dec

122% Dec

RR

8%

25 %

*188

500

,,

26

47 Va Sep

preferred—

Peoria

Dec

26% May

Jun

39

Inc ex-privilege—1

Glass Sand Corp

9%

V

34%

88

6,500

7

59

i

Penn

Pennsylvania

Dec

54

23 % Dec

218

55%

100

$7 conv Dref ser A

8 Va

9%

34

*16

;

2.900

69

21%

*9 Va

V

59

105

•91

j 2.200
127,200

:%•,

106%

107

107

8 Va

8%
9%

17

93

93

27%

65%

65

■

-

'

16%

/

| 1.500

26

59

8%

-

/
•

19%

9 Va

26%

59

44%

•

69 Va

31%

:26,200
H. >1 ' 300

35

16%

8

70

26

119

:":T 1,300

Jan

.

10%

I
—No par

Cement

Penn-Dixie

23

29

29

Jan

No par
Corp
1
Coke Corp.
10

&

12%

Nov

Dec

Dec

132

3%

Consolidated

Coal

Jan

V

20

Penney (J C> Co.—
Penn-Central Airlines
Penn

Dec

Dec

May

13

32%

14% Dec

Mines—1
Parke Davis & Co
No par
Parker Rust Proof Co.....:
2.50
Parmelee Transportation
No par
Patino Mines & Enterprises
10
Penick & Ford
No par

5%

25

63

9%

*110

i9%

19%

*106%

8%

25

19%

Pictures

Utah

87

87

26

'

'

15

198% Jun

64

—5
Line—.No par
100

Inc

Tilford

&

Park

*112%

•

69 Va

70

Park

28 Va

44% Dec 16

117% Apr

preferred

Paramount

Jan

%

18

1
10

Prod. & Ref
Cos

conv

63%

3

Jan

8%

■

Petrol & Transp

Paiaiime

•y

No par

preferred

Panhandle

800

15% ••».;

.

*26

8 Va'

34%

34%

2,000

•

:,•

•

66

26

*90

V

9 Va

31

71.

v-

15 Va

63%

*106%

33%

33%

4%

4 Va

r>
•

—

1,400
600

66

19%

*112%

.:

6,900

19%'

'26

*116

'■'V

■

400

>

15

14%

14%

/

22%

22

4%

7,000

15,900

59 %

67

19

67%

19

*4 Va
67

*112%

v

-.

.

1,400
•

7

108%

23%

14%

15

*14 Va

15

22%

23% :

23%

59
108

109

109

109

108%

:\

•

4.500

•';:>

8 Va

19%

20%
59 %

*59

60

*59

59%

19%

86.200

•• ;

20 Va

25 %

V

>' -;

■'

22

8

8%

1

20'/a

19%

>

19

19%

21

22

*69%

'

■

22

*31

92%

105%

22

-W

16 %

•69

30%

22

6,600

t

2%

2%

30%
8

200

29,000

36%

22

.

5.60'/o

Jan

"■

May 10
31% Apr 26

100
100

Car

Panhandle East Pipe

4%

30% ■t 31

33%

26

8,100
--

30%

35%

2%

112 Va

71

16%

26

29%

36%

-

.31%

63

36%

•

V:

30%

"Vx: .30

38%

35%

:

No par
& Teleg

Motor

16%

74% July

8

Co

American Airways Corp

Pan-Amer

190

_•—;'

30%

14 Va

33%

*91

*109

30%

29%

-■

600

1,600

V
r

60

*58
*109

2%

*18%

19

25%

Pan

Jan

May

267/a July

18

12.50

Co

Pacific Western Oil Corp

Packard

13,600

5%

5 Va

5%
"59

30%

*67

67 Va

19%

59

59

* 2%

4

*

'

■'7

23%

4%

33%

3.800

72,600

>•

111

111

Glass

preferred

'

49 Va

49

49'A

67e

Jan

6%

11

18% July

147

Pacific Tin Consol'd Corp

%

14'A

14 Va

14%

111

5 Va

5%

5Va

108 Va

*

*30%

/.<•;.•.V-

34%.-

2%

22%

14%

V

49

*109

107%

23 Va

„

4,400

"14%

•

27

5

Mills

Telep

Jan

Dec

No par

Pacific

Jan

11

8% Apr

100

Co

Pacific

"•

20
•

"

15

29% Dec

May

44 % May

99% Aug

105
•

B
10
1st preferred non-cum—-No par
2nd prefeijred non-cum—No par
Pacific Finance Corp (Cal)
10
Pacific Gas & Electric—
25
Pacific Lighting Corp
—No par

110

5%

5%
34%

111

'

108%

.

5%

30%

*58%

14 Va

420

V

18%

18

18

21%

7%

59

22%

6%

6%

34%

14%

14%

*57 Va

29%
35%

19

108%

1,300

1,700

or

V

6%

22

19

59

Va

48

•

161 Va

*161

.

5%

si:V"

9,500
;

122%

34%

5%

V

41% >42
122

30%

8%

19

V8

17%

17

35 Va

49 Va

.

J.-)

2%

22%

7%

•/" 161

1,930

16

34%

48%

48 %

740

Dec

102

;•

"

31%

35% Dec 30
118

20

18

67c preferred—
;
Outboard Marine & Mfg

Pacific

■

Jan

109

No par

Otis Elevator—

Coast

10%

10

Pacific Amer Fisheries Inc

26%

25%

42%

6

51

34%

121%

161

''

34%

30%

*22%

——No par
4%% convertible preferred—100
Omnibus Corp (The)
6
87c conv preferred A
100
Oppenheim Collins
—10

1,970

-

v

20

15% Sep 14
233/a Nov 16

No par

Oliver Corp.

Outlet

Jan

23% Dec

3
3

104% Nov

pfd—100

1,100

12%

"13%

16

42%

111%

57%

29%

35 Va

_

Nov

27%

23

ff V
4.407c

Co

Co

Owens-Illinois

13%

12%
49

121%

L

6%

14 Va

''

*109

29%

34 Va

48%

Va

49

5%

5%

Vs.'

'.

13%

7.:

34% •34%

*111

4 9'A
112

5 7'/a

•

*69 V2'

48

5%

14 Va

49 Va

5 Va

18%

25%

34%

5%
35

*13%

58

OH

2,700

-

112

67%

25
*13 Va

16

34%

16%

17'

5%

*111

29 Va

*

24%

6%

6%

34

49%

*112%

49

160 Va

i

14%

*48%

4

46%

160 Va

*16 Va

5%

*109

46

161 Va

35 Va

5%

12%

42%

16 Va

5%

*57

13%

12

121%

6%

"111

13%

12 Va

42 Vi

6%

_

20

59%

13%

121 %

6%

759

58%

48

48%

160 Va

76

58%

34Va

42%'

161%

16>/a

*75%

*75%

58%

121%

*42

*160 Va

_

200

V

76

76

"13%

16

*47 %

121

•'

■-V

43

43

76

121%

42%

42%

24%

34 '/a

48%

*47 %

121

4,700

24

*156'/a

24 Va

•/.'

46

*13%

35 Va

35 Va

2,200

14

23%

23%
46

13%

-

12

46

Va

*42 Va

42

46

13%

'

13%

23%

*156%

>

11%

76

58%

*12

230

ouiu

"

m OO «-• -co

V

58

58

23,600
L :

Edison

•

2.50

Norwich Pharmacal Co

*■

*75%

76

7

42

'

108

14

/

'1,170

12%

•11%

107%

14%

14

24

*156%

—

46

11%
107%

11%
107

13%

23%

23%

*41%

43

13%

■'

*156%

K

11,%
V

108

108

13%

13%

13%

11 Va

11%

11 Va
108

13%

,

25%

11%

*75 Va

4,400

18%

25%

106

108

20,300

18

25%

-11%

18%

18%

■

18 Va

106
,

108%

No par
50

Preferred

Ohio

*108 Va

*106%

18

7 '

'

108%

50

Telegraph
Norwalk Tire & Rubber

O
*108 Va

No par

Airlines

Northwestern

94%

21% Mar

Dec

23

22

*

9
4
3
31
15
1
3
40'A Jan 12
12% May 8

Pow $5 pfd.No par

States

Northwest

52
Jan
51 As Jun
7% Jun
100
Jan
xl3%Jan
112
Jan
17% Jan37 % Feb
4% Jan

50
100

Central Ry Co

Northern

10

\

52

"50 Va

13

90

51

63/4

63/4
50%

13

13%

33

"50%

10

preferred series
53/4% preferred series-.

6%

Northern

"105%

"105%

"105%

34,700

pfd

non-cum

12

Dec

18% Dec
109

14'A Jan
3
333/4 Jan
4
193% Jan
3
116% Jun 29
15% Jan 10

1
5
100
100

Industries
Ry—

North American Co

600

-

—50

—

Western

&

Adjust 4%

600

10%

__

20%

21

20 %

55

"53

10%

10%

10 %

122

20%

dep

SUpbldg Corp part stk

Y

Noblitt-Sparks
Norfolk

122

54%

55

54

"120%

"120'/a

20

20%

55

"105%

122

"120'/a

122

19%

of

•

220

"120%

54

12%

8.900

22%

21%

213/4

1.360

87

—

& West Ry Co—.100

Certificates

Highest
I per share

$ per share

50 Va Aug

8
5

.

11% Jan 27
" 30% Jan 22
129
Jan 19
52
Jan • 3
75
Oct
4

No par

RR Oo_

& Harlem

N Y Lack

'

56%

114%

"

220

39%

$5 non-cum preferred

Jan
Jan

Year 1943

-

Lowest

t per share

Apr 25
Jan
3
Jan
4

Jan
24'/a Jan

No par

Dock.:

York

N Y

"16

,;v

88

preferred series A
100
Corp—No par

N Y City Omnibus
New

;' V 400

168%

87'V

86

900

44

'

88

88

86

87

21%

22

"163

88

"86

87

21%

168 %

"86

88

2,500

'v

17%

44%

'

34%

17%

45

"164

19%

20%

31%

17%

30%

17%

6%

3,300
'

31

"17%

30

17%

100V

N Y Chic & St. Louis Co

4,000

113

112%

113%

113

29

17

"38

122

10

115

113%

28 y8

No par

Central-

New York

126,200
•

113

219

York Air Brake

New

900

36

168'%

218

54.

36%

"164

22%

"54

35

44 %

38 V2

19%

34%

86%

22

"120%

24%

"86

38%
217

48%

23 %

"42

89

"86

48

23%

45

89

"86

48%

22%

'

168%

"164

"47%

17

44%

"41%

48%

23%

28%

17%

17'/4

48%
23 %

V"

13
97
35%
15%
19%
62

No par
No par v

$5 conv pieferred-

110 Va

23%

,

Newport News Ship & Dry Dock—1

6,700

18

17%
"108%

49

111

114%

28%

18%
110 %

34

35%

112%

17%

"108%

'

I per share

Par

Shares

f per share

per share

22%

23%

35

V

17% -18%

•108% •110%

"47%

49%

"48

18 %

•108%

112

s

snare

per

110%

18

18%

18%
*108%

X

per share

t

EXCHANGE

the Week

Jan. 5

Jan. 4

Jan. 3

Jan. 2

Range for Previous

Range for Year 1944
Highest
Lowest

STOCK

YORK

NEW

Sales for

Friday

Thnrsday

..

V-Monday, January -8, 1045

'

STOCKS

AND HIGH SALE PRICES
Wednesday

LOW

Monday

v

FINANCIAL CHRONICLE

THE COMMERCIAL &

120

par

87'/a Jan

100

96

-—

Jan

July 19
Oct 10

18% July 10
103% Dec 30

109% Oct

Jun

•

Feb

19

857/a

Jan

107% July

Jan

114% July

Nov

129% July

.100

104% Jan

113% Nov

3

96%

.100

113% Jan

122 % Dec

14

108 Va

w
121

CHRONICLE

THE COMMERCIAL & FINANCIAL

Number 4349

161

Volume

'

LOW

•

$

per share

117%

'a! 118
'47%
48 "a

48%

17%

•

1G%

17
*

108%

114%

17%

*23

24

23%

16

10

*15%

10%

10 %

7 7°

79

17'A

112%
108%

23%

24

*15%

16

16

10%

10%

10%

79

16

k

Range for Previous

79

79

A%:>

117%
48%

17%

23.100
~

115

*107%

108%

A-23%A:24/r'"A

'

16

.

_

■

10%
79

79

300

10%

79

l,3v0

16%

10%

100

*,

,

; 24%

*23%

16

50

9,900

17%

*112%
.

AA\ "

A...

,'AA

"

f

Par

Inc—-——;

ver

119% Feb

15

113%

26%

Jan

Mar 22

11

Jan

July
19% July

Feb

114VijJuly

Jan

107 Va July

Nov

2

37 % Jan

■' 3
13

100

109% Jan

12

115% Nov 27

103
par

103

Jan

15

108 % Dec

23

92 Vb

19% Jan

14

247b Oct

26

13%

Jan

52 Va

18

-

.19

12% Jan 21

No par
preferred—No par
Kadio-Keith-Orp" mm
—1
6% conv preierred—
100
Raybestos Manhattan
No par

8% Apr 13
69% Jan
5

80% Dec

•104%

10 Vt Jan

16% Aug 21

Corp.

I per share

July 10

H3% Nov

par-

(The).———.f.trtv
A 6 % preferred—j——
5% conv preferred
Purity Bakeries Corp—
No
Pure- on-

Quaker State Oil Ref

Highest

I per share

S per share

share

-14% Sep

No par
No par

$5

Pub Ser El & Gas pfd
Pullman

Lowest

Lowest

EXCHANGE

Shares

Year 1948.

Range for Year 1941
Highest

STOCK

YORK

NEW

for

the Week

share

per

48%

•

17%

112%
*10/%

108%

•»'

0

117%

48%

17%

*107%

23%

.

S

117%

46 %

114%

*112

x

lu7% .108 %•■"

Jan.

S ver share

•117%

A

48%

48%

17%.

*112;

"U2. A J15

•*167%

,v,

117%

*117

117%

47%

®.l 17

share

ver

Sales

F**irtj»T

.

Jan. 1

Jan. 3
t

I per share

,

Thursday

Wednesday
•

'

STOCKS

PRICES

SALE

Jan. 2

Jan. 1

snare

ver

AND HIGH

Tuesday

Monday

Saturday
Dec. 30 /

122

Aug

40 Vb

22%

15

Nov

July

R
10 %

10%
*70

.-

79% ;;

.

53.600

■

900

•

.

'

•

01 %

92%

34%

34%.

17

17%

35

,

17

17

,

i6%
34%

34%

.

20%

44

*41%

44

*37

38

12 M

*11%

21%

*41%
36%

*11%
'118

^

124

23%

*99%

0'2r
35

35

17

17% A

'

17%

34% 134%'

21

21'/a

*42

38

*42 A

11%

11%

.

124

*118

;>

■'

*118

___

A

300

I

; A,

18%

18%

18 Vt

18

18% A

22 %

22%

23

22%

22% A:

23%

81%

78%

.

.

23%

23

23 Vb
:

A

100

100

•

23%'-:

99%

23 Va

.

390
1.000

f

600
■

100%

100-

82%

81%

4.100

;

99% A;

•

A

■

*100%
'

98%

99

4

19s

97%

99

15%

15%

15%

15%

15%

15%

15%

20

15'

19%

19

7a

20%

20%

20%

21 A" A?AA

104%

.

104%

H

12

103
'101

102%

11%

105

102%

102%

102%

12

12 Va

12 Va

12%

12%

-

105

103%

*87

88

87%

15%

15%

15%

98

98

89

90

90

16%

15%

16 Va

15%

15 Va

102

*98

14%

14 Va

14 Va

14%

15 Vt

31%

31%-A A

31%

32

181

;

*16

18%

19

19%

18%

10%

10 Vt

10%

10%

16 Vt

16%

16%

16 %

7%

7%

20 Va

*20%

*33'

2

34

*33%

34

181

4

7%

52

51%

51%

38

39

39%

54%

54%

54%

i

*113%

115%

8%

8%

38%

8%
38%

39

*107'%

*113

114

*112

*109

112

*109

'41

23%

23

112

%

104

19%

19%

9

:

9

38%

39 *

39%
106

114%

*112

*112

23 %

*109

23%

19%

19%

A

A,

500
14.000

105

9%

19.600

42 34

25,800

108

S: 900

3.100

20%

24.400

19%

10%

12.100

16%

3.500

78

79%

79%

80

80

80

13%

13%

13%

14%

14%

14

75%

13%

63%

26

26

26

26

14%

65

65 "'A

76%

14

75%

61%

67%
26%

%

6 7 it

6%

26%

.

200

v

1474

14%

2.300

65

*62%

%

,■•

14%

14%

26

220

29.300

74

77

*75

77

*75
rV

6274

62%

590

26

26

26%

6%

7%

6

32%

32%

33

33%

33 %

34

32

32

32

32

1.800

6%

6%

.A

6%

64.200

33 %

32%

*30

3.600

9%

13%

7%

8V2

16%

14 % ,14%

32

2.300

24

104%

17

*74%

33

112

16%

75%

33%

% 2.500

*33%

400

34

15%
A.

41%

16

15%

16%

16%

16%

16 74

16%

73.200

41 %

15%

41%

41%

42%

42%

43

43

43%

5.800

15%

15%

15%

23%

*22%

16%

16

15%

■>22%

23%

*22%

53%

53

16%

23%

*22%

52%

54

23%

*2%
52

52 %

*29%

30%

*29%

30%

30

30

30

30%

13%

13%

13%

13 %

13%

14%

14 Vf

14%

4%

4%

21%

21%

21%

44"-a

45

43%

4%

4%

21

45

*161

163

162

4%

21%

44%

4%

162

*161

A

.

44%

161

700

90,500

>'

27

27'/a

4.000

17%

17%

17%

17 74

17 y4

A 1.700

42%

43

42 Va

42%

49.200

34

34%

33%

34%

33%

34%

88

68

66 3,4

67%

66%

67%

82 %

81

81

12%

12%

12%

12%

7

6%

6%

6%

M 8

7%

7%

7%

12%

12%

8

*80

*72

80

*72

35%

35

28%

28%

48

48

*48%

49

61

*59%

61

*59%

28%

13%

7%

6%

7%

774

8

28%

29
49

A.

13%

61

13%

34%
28%
x48

♦59'/a
13%

34%
29%

700

29%

y 7,600

48

47%

47%

400

,*59 Va

61

A

13%

13%

13'/a

78%

77%

78%

77%

78

77%

78%

37%

38%

37%

37%

37%

38

38%

*37%

*58

59%

*58

•

*112

115

28

•

28%

28%
*111%

115

59%

111%

113

114%

*113
59 %

112%
28 %

115

*112
28

113

60
115

*113

*113

115

*113

*112

*113

115

*113

%

*113

28%
114'/a
3

*113
*59
*113

112

28%
*113

2%

2%

2%

72

72

71%

71%

*71%

83%

84

82 %

82%

82%

38

38%

38%

38 %

38%

33-%

33%

33%

33%

33 %

56%

56%

56%

56%

56%

57

57%

49

49 %

49%

49%

49%

2%

2%
•

48 %

-1

48%

*117%

119

*116

16%

10%

1.100

114%

*113"

200

62

113

20

29%

10.700

*113%

115

200

3

2%

3

11.100

*71 Va

72

V

72

82'/a

83

82%

82

39 Va

600
.

3.200
17.200

•a_

st.k

tr

Dec

21%

20%

Jan

28

Oct

5

23

Feb

19

11%

Jan

18%

Jun

Jan

13

51% Apr

11

43

Jan

50% Aug

29

16

105%

Jan

9 % Dec

15

6%

Nov

12 Va Mar

39% Dec

Jan

15
Jan

107% July

3

Jan

35

96

Sep

5
14

36 Vt

Dec

43

25

109%

Nov

115

Feb

105

Dec

112

Mar

25% May 19

10 Vt
2

Jan

Feb

26%

Jun

Vs Dec

30

Jan

4%

Jun

106% Dec

15

59%

Jan

90%

Dec

5

10 Vb

Jan

18%

Sep

Jan

17% July
73% July

8

5

Feb

7

16% Feb

1

47% July
114

45 Va Nov

20% Sep

14

Dec

27

May

Jan

109 % Dec

6

37% Mar 16

2% Jan

36% Mar

15

55 'A Dec

Sep V 7

7

27% Nov

Dec

38 Vs Dec

8

30

.

9% May

115% Dec

27'A May 12
43% Jan 27
110% Jan

24% July
9

18

Dec

2

18% July

5

9

64

Jan

3

78% July 19

6

14% Mar 13

8%

Jan

27

76% Oct 25

64%

Jan

16% May
73% May

9% Jan

6

15% Oct

7

5%

Jan

10%

48 % Jan

4

61 % Dec

30

31%

Jan

57

Oct

20% Sep

14

28 % Apr

12

17%

Jan

29

Jun

May 16

7% Dec

30

2%

Jan

63% Jan
72

3

Jan

16 Va

Jan

Apr

19

29

21

Jan

10% Feb

8

16

Dec

28

35

7

42% Jan

7

10% May
28 '/a Jan

24% Apr 24

35 Va Sep

20

23

31% Dec

Sep

>

Nov

18 Vt Jan

22

15% "Nov

24 % July

23 % Jun

20

22% Aug

23%

54% Dec

15

19

Jan

39'/a July

12

31% Dec

16

15%

Jan

25 Vt

12

Jan

27

14% July 17

10y8

Jan

3% Jan

3

5% July 12

2%

Jan

20 Vo Dec

25

May

5

par

5

27%

*13 Vb July
45 % Sep

28

Apr

No par

28

Apr

Jan

22

23

1

5

Jun

29% Feb

13% Apr 25

20

22

28 % Jan

6

141

21% Dec

6

22% Apr

24

Jun

,15% July
5

Apr

30

45 Va Dec

29

20

Va Jan

Dec

6

132

Jan

26% Oct

Jan

Nov

18

21 Vb

Jan
Jan

162

30%

Sep

149 Va July
25
Apr

7.50

13 Va Jan

17

17% Aug 21

10%

23 % Jan

3

43 Vb Dec

30

15%

Jan

30 % May

20

Jan

3

34% Dec

15

15%

Jan

30%

Dec 15

35 Vt

Jan

49% May

82% Dec 15

42%

Jan

66

100

40% Jan

100

54

Jan

7

—1

12

Nov

13

ctfs

4% Jan

4

,69

13'A Dec

Sep
Apr

Apr

8

2%

7% Aug 18

3

14%

2%

Jan
Jan

6%
6%

Jun

5 Vb Jan

26

9

Jun

28

55

Feb

14

75

Dec

14

33

Jan

61

Nov

..No par

28

May

5

35

Dec

30

21%

Jan

.35

Dec

Sep

22% May 13
36 % Jan 26

29% Nov

9

23% Nov

35% Mar

48

Sep

5

32%

44 Vt

56% Jan

27

62

Dec

16

66

May

Jan

3

13% Dec

26

3

Jan

par

50% Feb

11

1
100

33 % Jun

9

2
preferred

No

Square D Co
5% conv preferred
Squibb (E R) & Sons

No par '
No par
.No par
..No par

Standard

Brands, Inc
$4.50 preferred™

..No

fja*

Standard G & E Co $4 pref. _No par

6

60

8%

July

Sep

35%

Jan

64

Sep
Sep

38% Dec

16

33

Jan

42

July

Oct

18

109

64 Vb Feb

2

Jan

116% July

28

115

57
Sep 22
111% Apr 19

70

July

115

July 20

112% Nov

117

Aug

108

113

Dec *26

107

Nov

110

Dec

33% July 12

25

Sep

110

Jan

May 17
27% Dec 26

110

Jan

27

116

1

Sep

4% July

2% Nov 21

•

49

Jan

31%

Dec

1

100%

Jan

115% July

5

1%

Jan

6% Mar

9

Jan

38 V2

16

10%

Jan

44%

39 Va July 12

28%

Jan

40

34% Jan

Jan

38% July

prior preferred

-No

par

33% Feb

10

74% Dec

15

$7

prior preferred

-No

par

40 VB Feb

8

85% Dec

34% Sep

14

Oil of Calif

Jan

79% Nov 28

$6

Dec
Dec

May

15

46%

Jan

60

26

37%

Jan

45 Vs May

100

11

118

Dec

15

1

110% Sep
6% Jan

12

11% July

par

28% Jan

18

37 Va Dec

21

25

61

27

67% May

1J3

68% July

17% July

*118

121

*118%

4

122

10

37%

9.100
600

Vt %

preferred

.

_

Standard Steel Spring
Starrett

Co

L S

(The*

-No

10

Sterling Drug Inc
Stewart-Warner
Corp

18%

18%

18%

18%

19

1,800

11%

11%

11%

11%

11%

9.100

Stone

19%

19%

56%

56%

11%

19 %

19 %

58

57%

57%

127

126 %

126%

57%
127

6%

6%

10%

10%

24%

x23%

11%

19%

57%
127
F.V,

11%

18%

11%

19 Va

14,700

20.600

58

800

127

90

10%

10%

24%

23%

3

1

9% Feb

10

20
-No

Webster

15% Feb

1

par

7% Apr

19

5
13% July 12
19

6%
10%
24%

26.000

22.300
5.800

pfd

18
5

~9%

Oil Corp
Sunshine Mining

7%

Jan

14%

May
Jun

Jan

14

July

14%

Dec

*17

Superheater Co (The)
Oil of Calif

81

81%

82

82 %

83%

3.300

Superior

26%

27%

27%,

28%

27%

28%

9.500

Superior Steel Corp

34

34

34

35

35

17*

18%

18%

18%

18%

20%

2.200

Pwp^ts Co of Amer

17%

18Vt

31%

31%

32

32

3274

32%

32%

5.600

Swift & Co

31%

Sutherland Paper Co
(The)

-No

Sep

5% Jan

10% May

5%

15 V8

Jan

20 Vt

July

15

64

Oct

19

27

128

Oct

13

5Vb Feb

15

7% July

5

4% Nov

6

10C

Co

Ma)

4 Vt

Jan

5% Jan

3

10% July

5

3% Jan

7%

13% Apr 19

Sep

31% Mar
66

Jun

100

cum).

Sunray

79

300

14

Jan

1

(4%%

26%

35

Dec

12% Dec

5% Nov

121

1

Sun Oil Co

Class A

5

54

Studebaker Corp (The)

80

*3374

Dec

-

*5774
*126 Vt

6%

&

31

7

11% Jan

18%




Jan

19%

8

9

11% Sep

Inc

11%

123.

5%

5

34% July

45

1

11%

page

30

24'A July

3

14% Jan

No par
Nc pa"

18%

see

18
26

Jan

13

(The)

11

footnotes

July

5Va Apr

15

preferred A

Standard

12

17 Vt May

17% Jan

8

...

Splcer Mfg Co

$4.50

Jan
Jan

No par

11%

For

12

Jun

Oct

7%
9

8

17% Dec

July 10

3.500

,

3

Dec

2.300

17%

11% July

29

Jan

Jun

58 Vb

16%

31%

8% Feb

No par
1

18 %

31%

14 Vt

84

preferred

10%

'17

Sep

49

63

*32%

12%

4

16 74

33

14

14

62%

*31%

19 Va Oct

_

40% Jan

16%

25%

Jan

Sep
50% Sep

63

26

13

25

16%

25%

39 Vt July

25

63

,24

32%

Feb

25

16%

24%

11% July

Jan

34%

15% July 10

Standard Oil of Ohio

63 %

94

Jan

25%

9

v.,-

Standard Oil of New Jersey.

16%

*78%

5%

35% July 10

8% Jan
28

Standard Oil of Indiana

62%

10%

Feb

Jun

1,700

16%

24%

85% Apr

80

19

15,800

62%

78%

Dec

100

Feb

No par

11%

9%

21

No par

18%

78%

Dec

16'A Dec. 13

8

Co...

10%

24 %

88

Jan

Jan

Edison

18%

•

93%

Jan

10

21.600

16%

10%

Jan

63

•

50%

62%

10%

15% July

70

57%

J-

10%

70

Jan

27

34%

•

9%

6%

Nov

7 Vt

Dec

50

*37%

6%

59%

105

57%

1074

6%

98

Jan

34 Va

37%

6%

Apr

Dec

Deo

84 ■

110

Lines new

>11%

6%

Oct

9%

57%

9%

128

88 %

Jan

3

Stokley-Van Camp Inc
5%
prior preferred

♦126%

Jan

5%

49%

37%

18%

73%

34 Va

10 Va

19%

19

12 'A July ?1

6% Jan

34 Va

36%

58

102 Va Dec

Jan

87

20% July

28 Vb

9%

18%

101%

39 Vt

36%

*126%

Jan

39%

9%

11%

Jan

95%

39%

36%

11

14

6

39% Nov

10

$4.25 preferred

112'/a

5

Dec

Jan

No par

$5 pref series A

29 Va

Aug 17

16

21% July
105

9

Jan

(A G) & Bros Inc

50

113%

115

71%

120

38

Jun

May

100

Ohio

&

Sperry Corp

430

78 %

;v

62%

16%

*118%

29%

83

"34%

77%

18

Apr 24

99% Jun

108

Iron

Spencer Kellogg & Sons

Conv

112%

112

&

Sparks Withington
Spear & Co
$5.5 J preferred

Spiegel

9%

36%

62%

119

118%

Steel

non-cum

26.600

13%

*60

62

72%
39

61

38

114%

A

5%

$3 conv

36%

10

9%
36%

2%

'

1374

13%

Apr

8% Apr
16
"

Nov

Corp

Railway

Southern

6 74

34%

10%

4

15

Southern Pacific Co

7%

80

Jan

102% Dec

No par

Southern Natural Gas

7%

34%
28%

4%

7

No par

Southern California

12%

*71

Dec

70% Jan

May

12

115

preferred

Mobile

78

7

8%

Spalding

80

74%

100% Dec

16

Socony. Vacuum Oil Co Inc
South Am Gold & Platinum

110

*71

Jan

12

Feb

Corona Typewriter-No

900

■

Oct

42%

9

No par

Corp.

preferred

12 Va

35

93

99% Nov

15

Simonds Saw & Steel..

80%

2.200

19%

Jan

9

_5

Simmons Co:

Sinclair Oil

12%

8.500

20

Jan

69%

109

Mines

Silver King Coalition

80 Va

8

Jan

12

105

Shell Union Oil

12%

80

*59%

3.600

14%

3

No par

Sheaffer (W A) Pen Co

81%

*48%

28%

67%

12

29

No par

(Prank G)

Shattuck

67%

-

Jan

Dec

23% Dec

x83 % Mar

No par
No par
No par

pref ser A

conv

66%

6774

Nov

24

No par

$5 conv preferred

*80%

*34 %

35%

35

V

29.300

18

5

19

1

Sharpe & Dohme

35%

*72

80

35%

3574

5

Feb

J

Steel Corp

$3.50

Dec
Nov

36

Shamrock Oil & Gas
Sharon

6%

14% Apr

100% Dec

Inc

33%

7

6

Jun

86% July
13% Sep

18

3

Southeastern Greyh'd

43%

82

11% Feb

10
—1
25

South Porto Rico Sugar

50

17%

*80%

Jan

No par

5.800

42%

27

20

No par
1

7,600

161

:

42%

26%

26

100

12.300

17% -17%

27

85 % Dec

No par
No par
No par

4%

41%

26%

3

new__3V3

Corp.

44 A

17%

26%

50% Jan

10
No pat
.100
5

22%

43%

26%

80

No par

44.

42%

26%

fiervel

&

*17%.

V *26%

Jan

•

-

Smith

14%

161

161

66%

Seaboard Oil Co of Del

(A O)

30 Vt

4%

...

2

90

July 10

1

22%

22%

44

Dec

Seagrave Corp
Sears Roebuck & Co

$1.20

14 Va

4%

21%

21%

43%

A

155

preferred
$4 preferred

Smith

30%

:

7

v

No par

Distillers
preferred

5% %

4.600

52

53%

Jan

Scott Paper Co

Skelly Oil Co
Sloss-Sheffield

23%

53

53%

Jun

Jan

(The)

2,100

16 Va

16%

16%

Nov

30

3 Vb

$4.50

9%

;

35

Jan

4

preferred

Schenley

114%

17%

14

Jan

22%

%««••

Savage Arms Corp—

300

44

9%

78%

26%

26

13

Joseph Lead
5%

180

114

9%

8

9%

27

36% Dec

3

Safeway Stores

16%

9%-

Co

St

24

19%

19%

42 % Dec

7

5% Jan

$2.50 conv preferred

80

104

8

105%

13

27% Jan

Rustless Iron & Steel Corp

1.100

*109

24

8

>

32% Jan

50

No pat

Ruberoid

4.500

*112

112

22% May

25

55 Va

43%

114%

Jan

13

40

&■

*106

43

14%

Company

52 Va

9%

13%

*159

400

3.500

16%

78%

%:

900

A-A

19

40 %

41'/a

23%

19%

14%

.

112

*109

8

16%

4

7 Va

34

■>•.'•:■

107

42%

106%

59

>/.

!

17

20

113%

9%

22

No par
Roan Antelope Copper Mines
Royal Typewriter
1
Ritter

39%

114

9

43

43

8

78

15%
41 a

113%

21% Dec

Richfield Oil Corp

52%

'

3

Co

9.700

7%

5474

114

Mfg

4,800

55

39%

54%

105%

14

6%

39%

15% Jan

3

10

18%

18%
,

Aug

Common

80

10%

19%

19%

54%

8

16%

33

'•

Jun

32

preferred
prior pfd ser A

Rheem

33%

40

107% 107%

»

23%

78

*30%

•'

52%

104%

16%

*74%

*

A

52%

■

conv

18%

34

18%

9%

9

38%
108

114%

7%

8%

9

19%

AA;

15%

Jan

—.100:
0% conv
100
Revere Copper & Brass
No par
1%
preferred
100
5 Vi%
preferred
——100
Reynolds Metals Co
No pat
5%% conv preferred
100
Reynolds Spring
1
Reynolds (R J) Tob class B—10
6%

•

105

19%

*113%

9

43

43

23%

8

105

*38%

%:■ 17

7%

34

53

*51

114

114

108%
43%

*107%

7.500

29%

Jan

Republic Steel Corp...——No par

"

55%

•

18%

18%

18 Vt

*54%

v

34

34

200

5.400

Jan

11%

RR._—100
...
—1

Inc.

Motors,

21

Dec

26 Va

1)-

(Jan

Saratoga

&

Rensselaer
Reo

22

10 Vt- Jun

16

Preferred with warrants..-

10%

20%

7%
X20

4,900

14%

•A:

16%

16%

i

:

7-%

20%

18%

*50

16%

7%
20%

21

AA

150
760

32%
39%

10%

2

/

•A
A

14%

'

18%

10%.

4

•

39%

18%

71

.

32 Va

vA..

10%

30'

AAv ioo
15,500

100

100

.

15

32%
39%

18%

4

10

7

39%

*38

A

102

14%
32

SA

105

105

104 Va

*98

98%

39%

:

90 V2

31%
39

A A no

A A;,

104

2

381

59,400

;■} A

12%

<:

A '8.100

.

'

104

11%

89%

14

A

105'

105
*102

.-A-.

104%

311'»

*38

A

960

'

16%

20%

15%

88

98'

15%
20%

88 %

104

103%

*103

15*'B

99%

99

A

105

*101

,

12 V8

99

105

104%

102%

104"
*101

,

AA

99%

98

98

33% Dec

Oct

101%

18

—

shares

Jan

No par

Mfg Co

Called

54%

34% Dec

Remington-Rand

800

17

100

Reliable Stores Corp—
Reliance

71%

107% Jan

3

1st pfd

& Co

(Robt)

Rels

12% May

Jan

3

Hosiery

Preferred

124

Jan

3%

Feb

28 % Jan

28

2nd preferred—So
5
100

non-cum

Silk

Jan

59

13

10% July 10

85% Jan 27

v

4%
Real

4%

July 12

12

24

1274 Feb

Reading Company—
4% non-cum 1st preferred-

300

i.A

7% Apr

1
25
50

Inc
$2 preferred

Eayonler

900

-AA

12

*11%

:

A

-37%

37

$3.50 conv 1st

*

5,900

44'/a

37 Vt

-44% -A

V

37

'

*■21%

'

44%

3.300

■

34% VA-

34%

20%

.

A,A::

500

22 %

V-

,

; 100

100

100

"

.

92%
35

,

82%

23%*:.

23 Vb

.

91%

82
*17%

18%
22%

3.210

93

•17'

11%
.*11%
*118 A. 124

82%

17%
*22

A

*42

■

38,600

9%

9VB

:•

34%
'

21

*37

124

8i Vt

17%

22%

23%

v,-.

%

9%

9

34%

20%

-A

12%

*118

82%

e

17-%
*22

34%

21

36%

*21

82 3

9%

91 %

34%

A

*34%

■)

9%

91%

91

*34%.

*34% ,35
17

9.%

9

9%.
91%

Radio- Corp of Amer

48%
122

par

17% Jan

27

25% Dec

12
12

12%

25

66% Nov

16

84 Vt Feb

2

Jan
Apr

Dec

63% Mar
130

Sep
Oct

Jan

22

Apr
May
May

58%

Feb

82

19% Apr 25

26

Dec

30

14%

Jan

32 Vt July

14

34

Dec

8

26 Vt

12%

8% Jan

4

20% Sep

25

Jan
Peb

33

Sep

12%

Jun

25

33

Dec

13

Jan

Nov

27% Jan

3

27%

100
10

29

4%

22%

July

Monday, January 8, 1945

CHRONICLE

COMMERCIAL & FINANCIAL

THE

122

Range for Previous

STOCKS

HIGH SALE PRICES

LOW AND

Jan. 1

Dec. 30

30 %

30%

30%

7'/4

7%

7%

7.1/a

50%

32%

30%

per share

30%

71A

32 Va

S per

32 ',4

*32

share

S per

32 Vs

t

share

per

Jan. 3

50%

32%

32%

32%

32%

33%

31 %

30%

31

30%

30%

,5.200

Syivania

7 Va

7%

7%

7%

3.300

Symington, Gouid

8%

300

.

•

8 Va

8 Vs

*7%
''IVa

7%.

7'/a

7'A

11%

12%
49

63B

35%

12 %

12 '/4

12%

12

12'A

8.500

49 7'a

49%

50

49%

50

7.700

Texas Co

49%

6%

6%

6'A

,7

6%

7

13.200

36 Va

36'A

37%

36

23 Va

22%

23%

14%

—

—

24%

14%

14%

15 VA

15'A

16

34 %

34 %

18%

18%

34'A

36%

wL

*122

126

V

:

94

—-a

4

4

-

—

'•A—•

108

107%

50%
11

•

48 %

47 y4

4',2

4'/a

4 Va

'•

19%

%•

—«

.

102

28%

35%

*105%

11%

11%

•11%

i-:v

28%

27 Va

27%

27%

28 Vs

18%

18'A

19 Va

19

19%

5%

5%

5%

103%

104'A

11%

11%

11%

19%

19%:

19 Va

101%

101%

102

-i

117 %

118

14%

15

9%

58%

9 %

93a

• ■

'

119

*117%

15

14'A

15

58%

58%

—

117%

3.900

Truax-Traer

7.500

Tuhi -e

•/■'

'.

101%

400

Jan

5JA Mnr

5

8%

Jan

13% May

50% Jan

10

41%

Jan

53% Julv

6% Dec

14

3Vs

Jan

6% July

37% July 14

33 Va

Dec

41% July

8%

Jun

18

9%

8.000

7 '4

14%

14%

14%

44% Sep

59

59

59

15

4% Feb

28

29 % Dec

8% Feb

9

16% Nov

13

7 %

Jau

13'A July

17% Jan

4

35

29

16'/a

Nov

28% July

6 V*

Jan

23

Dec

12% Jan .13

24'A Julv

50% Feb

4

58

5% Jan

6

5

Jan

.31

122

20

94

33'A

Jan

15 I

Feb

34%

Dec

1 Va

Jan

3

Mar

Jan

26%

Jun

Dec

16

7

n

9%

Jan

15% July

6

94%

Jan

103% May

Dec

14

23%

Dec

34% Mat

24
13

52% Aug 18

40%

Jan

50

25.

29

38

43% Apr
8% Jan

17% Apr

July
-

15

Dec

19

15 V»

Jan

25% July

5

11%

Jun

16%

1%

Jan

•

18% July

V? Jan

5
4

5% Dec

27

Jan

4

105% Dec

20

3

i

8% Jan

69

May

779%. Maji:

Jan

]X2-

20% Dec

8

26

102 % Dec

17

28% Dec

30

-s/2

21

21Va Feb

Apr

4% May
90

Jan

6%

11% Nov 30

1

Dec

15% Mar
102

-.No pur
No nor

July

lO'/s May

6%- Jan

11% Dec

3% Feb

—
1
——100

July

Dec

17
109

3

...No par
—..No pnr

Sep
Mu.v

6% May

8V0

3

85

Jan

26'A

34

6

Jan

12

49

Jan

3

8

3

I

Oct

9%

16

Feb

13

95,

Jan

29

13 % Mar

49% Oct

4

25

Jun

4

5% Aug 14

13

10

Jan

,

July

19

July 13

100 '/a Jan

Axle......—_—10

Oct

Dec

8

30

11'A Jun

18% Mar

14

53%

Jan

52

19

Dec

July

Jan

2V2

1

Dec

>

32% Jan
2

35

July 12

9% Nov

81% Oct

92

—.25

12%

:

24%

July

34 %

Jan

July

"

28% Jan-

3

35 % Dec

23

25

v

Jan?

4

105 % Dec

20

99

-

5

9% Dec

29

Dec

30

16% Dec

14

85

prior pfd-u

5% Jan

.

68% Jan

118

4

8% Jan

1

Co..

Apr

4

12 Va Dec

—

Jun

32% Apr

54

a

8%
45

Jan

14 V4 Feb

19

Corp._——

Apr

19

11

Corp.

Twin Coach

; 2.800

.

12% July

10V2 Mar 29

No Par
City Rapid Trans—- No par
preferred
,
... 100

Twin

210

'

120

118

118

10%

7
13

19

"Terred.—:

pi

$4.50

Dec

8% Oct

Jan

preferred

$1.50
-

200

'

51

A Apr

Cert Fox Film Corp

20th

10.700

35 Vs

106'/a

*106

•

14%

/

Jan

3

5

4'A Jan

Ra von

4%^

-

19.100

28%

35%

';"'■••

58%

A.

7 5%
35

3

12

7

preferred

$6

:•' 260

11%

9%

9%

118

58%

• •

■.'A

19

Jan
Jan

43

Tri-Contlnental Corp....;

'

14%

•

—

4.200
59.700

20%

28 %

:•

36 Va

106

106

*117%

"

•4,6u0
::

105'/a

101%

29 Va

35%

106

106

8% Jun

7

4'A Jan

Bearing——No par
Transamerlca Corp.
X
.
2
Transcout'l & West Air Inc
...5
"Transue & Williams St'l——No par

19%

:/■:

101%

28%

36%

35%

35 3 a

9 Va

29'A

2834

28%

101%

.

8 Va May

—1

Detroit

llJ/4

105 Va

105

Jan

Timken Roller

15.600

5%

105%

19%

A

106 %

9%

5%

11%

19'/«

11%

'

106 %

9%

1.600

11%

Avenue

Tlmken

3,000

v.

•

103%

35'A

340

A

5%

A *105%

10.700

1

18 Va

4%

8

9

42

Products ———No par
Thompson-Starrett Co
...No par
$3.50 cum preferred-—.—Ni par
Tide Water Associated Oil.
*_i0
$4.50 conv preferred.—..No par

.1.500

V

h

—

27-%

28%

28%

35%

v.

17%
108

52

5 Vs

*101%

32

:

17%

36%

18''a

9

Tiiompson

6.000

51%

'••

19

;

'.

4%

107%

■

Third

36

11%

Dec

5% May

preferred—
10
Transit Corp..No par

Thompson:(J Ri

800
4.100

5] %

11%

35 '/a July

10% Dec

Co—

$3 div conv

17.300

<

36'A

11%
277a

11%

32

A

17%

1

14

48%

35%

:

35 V2

Feb

Producing

Thermoid

13.800

,•

i /, 51'A

51

103%
.

10%

14

4 Va

107'A

37 Va .a

50'A

•

Nov

22%

preferred .———100

6%

210

48

32%

17'A

36 Va

37

10 Va

4%

1C7 %

107%' '

107'A

10
10

-

53

..

47%,.

'•■'

93%

10%

13%

32

■

17%

16%

16%

■:

33

32%

32%
108

*■■■•■

128

.

10

11%

.

4 1/4

•

50%

y?-

11%

*101

13%

47%

5

105

39 %

10%

13 Va

46%

18%

5%

4%
*11%

11%

13

11

18%

*103

11%

13%

27%,

V";

;

28%.

18%

11%

*49%

11%

•vv

300

9%

*9 '/a

*92

10 'A

36%

__

100

53

107%

•

50%

23%

10

53

16%
...

37%

'37

10%
53

4%

'

1.600

53

lO'/a
53

31%

17

19
58

*123

93%

:

27%

5

•

128

*92

10%

'' "

■

30%

16%

—

11.400

18%
*57 Va

.

9%

*9
*125

93%

52%

*13

46%

30%

36%

10%

-

13 %

46%

35%

18%

58%"

46'A

11%

10%
*13

36%

18%

*57%

52%

——

53

*52 Va

27,600

10%

10%

10%

15.8' C

15%

9-%

*92

•-

21%
15 Va

22%

16

35%

"

125

125

94

•

"

95

*92

'

9%

9%

9V«

—

9%
125

22%

15%

19

27

33 Va Jan

No par
Texas Gulf Sulphur.
No par
Texas Pacific Coal A Oil10
Texas Pacific Land Trust.
1
Texas & Pacific Ry Co—.....—100
Thatcher Mfg Go
par
$3.60 conv preferred.——No par
The Fair
...No par
7% preferred —
—_—100

4.600

37%

22 'A

59

13%
57

The)

share

per

33% Jun

-

37

a

1

Gulf

Texas

37%

'

•

18%

*56'A'

18%
57

58%

*9

34 'A

33
'

■

■

'

Corp

Tennessee

12%

%

6%

(>•'«

36 %

121 'A

1.300

7%

*7 Va

7 Va

7 Va

$

18

9
50
5
.—5
25

Corp

Highest

share

per

10

1

partlc preferred—

5 Va %

Telautograph

I

share

per

26% Apr

No par

Corp-.-.

$

27% Jan

.——

(Jamesl.—

Talcott Inc

110

52

6 Va

'

11%

*57

*8

*50%

52

52

Ltd

Elec Prod's Inc.

36%

—

49%

23 >/a

:

8'/8

8%

52

52

7%

Swift Internationa!

3.200

;

22 V«

11%
49

*

8 Va

51%

48%

7%

*7

Shares

t per share

share

Year 1943
Lowest

Highest

I per share

Par

share

*50 VA
-

$ per

Lowest

EXCHANGE

the Week

Jan. 5

Jan. 4

Range for Year 1944

STOCK

YORK

NEW

Sales for

Friday

Thursday

Wednesday

Jan. !i

Monday

Saturday
I

Tuesday

6

'

Jun

•

101

Nov

-1

Ocl

Jun

Jun

77%

Jun

Jan

67

9%

Jan

4%

11%

Jun

6V4

U
14%

14%
80

20%

120%

116%

117%

103%

103%

103%

700

30 Va

30 Va

30 Va

1,600

32%

23,300

17%

35%

89%

*6%
12 3 «

39%

38%

17%

17%

17%

17%

106%

106%

*106%

109

9%

f-Vs

9

79 %

79 3

17%

A% 67%

68%

'•66%

11%

11%

11%

12

35

35 Va

35%

35%

36

-■

90 %

91

91%

91

14 %

14%

14%

14 Va

14

49%

50

90

-

50

51%

,

107

.

6%

6%

13 V4

13%

Vji, 190

18 Va

18

18%

17%

17%

V- 2.700

12%

Va

79%

79 Va

13%

51%
*39

39%
8%

8>A

113

*111%

35
4G

37s

51%

8%

4

*111%

113

*9 Va

10
36

1,900

47

47

*45%

47

53%

52%
*

UiVz

*

r

54%
75

61

62%

300

U S

300

U S

12,700

13614

136

25%

25%

*48%

135%

25%

136

136

25%

50

100

63.100

1,000

4%

4%

5

5 Va

5

100

*95%

;

16

*16%
' 5%

5%

;

99

A

98%

15%

16%

800

17

5%

*5%

600

5%

5'/a

5%

.5
40

*38%

40

*38%

40

39

39

10

82

82%

83

81%

82

82

82

190

82

-

*175

21 %V

21%

—

A

—•

35

22%

22%

22%

22'A

22%

13%

13%

13'A

*34%

35

34'A

34'/4

13'A

13 %

13%

35

35'A

35'A
1161/2

16

*115 A
16

50

50

"IIS/.T 116%

■'

.

*115 ,V,

*115

116%
16- 'A

16'A

50'A

50

50

*87

90

*87

90

95

*86%

95

*86'A

95

25

24%

25

■■24%

24%

,

2,100

16%

50'A

90

'

95

*90
'•

24'A

800

,

90

*87

■

1
■

25

1^'

16

50 Vs

...

•■•*'•'

.^-i'

'

1.200

24%

■

'

4' h

59

61'A

119

4
t

119%

*57

59 '2

*45%

47%

37%

—

60

—

119%

__

„

*55''2

__

*45%

__

60

60 Va

*118%

119%

*55'A

57

*45%

47

*37%

37%

37%

126%

*121 Va

60

119%
60
48

37%
127

4

4%

4

4 Va

7,500

•

6%

60'A

2.160

119'/a

200

Va

50

Va

59

60

62

*45%

45%

45%

36 'VA

3 7'/a

*37

*122 Vs

127

*122
.

•;

—'

.

300

47%

4

■

'

•'

div

El

&

66%
14

14

31%
*

14

66 %




123.

32Va

106%

3114

footnotes see page

14

*31 VA

J06% 10714
For

66

106 %

:

66
13%
31%
*107

66
14
31%
107%

66

13%
32%
107

66
13%

32%
107

*65
14

pref

25
—25

6%

32%
107% 107%

500

"1.100
700
40

Wabash-RR
Waldorf

...

^
4%%

47c

-

:'

22% July

Jan

102% July

.162

13

79%

Jan

30

24 Va

Jan

28% Mar

Nov

40

10

x24 Va

20

93 V2

Jan

15

17%

Jan

123% Dec

16

Jan

preferred

i_.r:

par

24% Dec

4

Jun

13

109%
55 Va

18

1 % July

No par
100

114

17%

Jun
Jun

2V„ May

Jan

1

Jun

69%
x26

35%

Jan

Sep

42% Dec

16

17% Dec

30

7%

Jan

106% Dec

14

94%

Dec

96

Dec

1!% Aug 30

2%

Jan

9

Jan

78% Aug 30

38%

Jan

66

Julv

v

v

15Vs

9'/a

Jun

11% Dec

15

5V«

Jan

12

23%

Nov

91% Dec

15

60 % Mar

76%

Sep

15 % Jun

8

52% Dec

29

Jaii

29%

Dee

109% Dec

16%
99-i

4

7% Sep

3
9

21

•

35

Apr

Dec

100

Dec

3'/«

Jan

5% Apr

Vy

5

4%

Jan

13'A May

10'% Dec

11

84%

Jan

99%

21% Feb

17

9 Vs

Jan

12% July

Jun
Dec

186

27
1

59-

-

Jan

75%

Ocl

Apr

Dec

168

181%

Jan

10Va

Oct

44%

Nov

4

15% Oct

18

7

51 Va Nov

30

39%

Jun

30

Jan

-•

43% July 11
9

5

Dec

33% Dec

9

Sep

9 %

15

Sep

113

5

Dec
Jul J

19
•

:

88

5%

4

.

13%

*42% Julv

7%

Jan

Jan

Apr

19%

■

Apr

114

Jan

108

;

4% Nov

Ocl

8"« July

9%

Jun

10% Dec

16

8%

Nov

37% Jun

27

29 Vs

Jan

37 l/s May

6

2.9%

Jan

42

>48

Nov

48

'Dec

29

32

U

Jan

*

130

: Dec

Jan

62

May

64%

Jan

47%

Jan

101
'46

78

'Dec

19

63% July 10

136% Dec

18

Sep

Jan
>

15

Dec

46'A
"

(it% July 13

150

Jun

3% May

Jan

25 Va

4% Dec

July

44%

Jan

.

4

54% July 14

1

74

Nov

59% July

Jan

112

125

July
Apr

27% Aug 20

20Vs

Nov

29

4J% Dec

26

42Vi

Jan

50% Aug

4% Nov

•"*

3

1%

o'an

3% July

%

Jin

'

5% Oct

9

106% Dec

13

18 %

6

July
July

Oct

13%

Dec

5

2%

Niv

6'A July

30V«

Nov

7

29

Nov

Oct

88

5

81% Dec
176

3

Jan

56

20% July

41% Dec

24

59 Va

150

.

41% July
75% July

Jan

165%

Jan

15%
8%

Jan

52
Sep
16% Dec

5

25%

Jan

Dec

Nov

25% July

Jan

27

8

23% July

Jan 4
Jan
4
Oct 20
May 15

14 Vb Nov

16

5

9

115

12%

37%
120

M*r

Feb
Oct
Oct

51

21

40 Vs

Dec

44%

Oct

Dec

22

51

Jan

65

Aug

85% July 21

57

Feb

67% May

25% Aug

Feb 11

Oct

85.

Jan 7
Sep 14
Sep
7
Jun 14
38% Feb 17
37
Jan 21
33
Apr 19
102
Jan
4
149
Feb 14

20 %

Nov

26%

2'A

1

5'A Mar 24
62% July

5

Feb

Jan

6% July

39

Jan

68 Va July

Aug 23

120

22

20%

19

27

Jan

18

29%

Jan

125

Oct

20

80

Jan

155

July

6

113

Jan

Nov

Oct
Oct
35% Sep
110
Aug
150
Nov

45
"40

Jan

Dec

38% Nov

63
45

•

,

/

'

18
2

24%

Jan

/ 40Vs Dec

14% Dec

7%

Jan

31'AtDec

30

20%

Jan

11% May
28'/a July

108% Nov

27

68

3

Jan 1.9
Apr * 1
Nov 14

Sep

3C% Dec

3
3
2
Feb
7
Jan- 13
Dec; 21
May 25
Apr 19
Jan 27
May 18
Apr 26
Jan 28
Apr 4
Jan 18
Jan 4
Jan 4
Jan
4
Apr 27
Mar 20

Jan'

22'A May

Jun

Oct

28 ;.

Jun

33% July

Jan

18%

114%

Jan

70% July 11

114

41 Va Jan 25

40
10%
26 %
xl05

May

15

12'A May 15
70
21 Vs
3%
50
113%

Oct

97

Dec

V: '

preferred—.'.100

System.—..———No

Walgreen Co..
,r

100
.100

Detinnlng Co..

Preferred

66%
14
32%

100
pfd.__100

Ry

:

66

$5

Co
preferred

Vulcan

*145

100

partlc preferred
Pow

Coal & Coke 5%

Iron

Virginian

700

37'A
127

Jan

80 Va

N0v

63% Jan 15.

60

116%

15%

19

36% Dec

Pac Ry._
100
preferred
.100
Victor Chemical Works
—
5
Va-Carolina Chemical ..—No par

Co—

Vicks Si\reve &
5%' non-cum

"?T19

60

59%

118%
*55%

*145

*145

*145

—

4'/b

*

*121'A

__

——

126%
■

4

4V4

30

33% Nov

17%
9%
28
12%

Corp of

Norman

—

800

■

•

116 Va

16

*87

■

25

>■

100

—

Oct

28

110% Sep

Am—No par
2.50.
Van Raalte Co Inc
10
7%
1st preferred—_
100
Vertientes-Camaguey Sugar C0-6V2
Vick Chemical Co..
5
Van

1.600
'

*86 Va

90

95

,

-

preferred.

3%

Vanadium

13.300

13 Va

33%

15%

--

16%
50

.

—-

'
•

22

21%

*47 Va

116 Va

Co—:

114'A

Oct

Dec

30

V 40% Jan;
35'A Apr
1
Feb

non-cum.

Apr

104

6
6

' 30% Apr 19

1st preferred
Smelting Rci & Mm.
Preferred
j.i

*176

*176

*176

35

13%

:

105% Jan

Feb

*118

20% Dec

110
Feb 10
5% /Apr 24
8% Jan 25 1

—

>

1.800

100

16%

16%

9.000

5 Va

99

100

1.400

-

4%

4%

5

-

50

*38%

82

Ruober

S

3%

v.

Jan

34% Apr 24
5
Jan 19
16% Jan
3

——

1.700

25%

*48%

4%

:

(

136 Va

25%

25%
50

*48%

4%

16

%

136 %

4%

4

4%

*95

5%

Jan

U S

5.400

75%
62 %

61%

No par
—10

8% Jan

42

88% May

113

115

V 14% Jan 3
■' 70
Mar 28
170
Jan 10
t

11%

Dec

16

118

7% Feb 10
97% Jan
4

40
1O0
130
^..50 .;'•%■ 48%
50
69
U S Steel Corp
No par
50%
Preferred—
..100
xll9%
U S Tobacco Co—;
—No par
22
7% non-cum preferred—
—25
44Va
United Sto*kyaJd«. Corp..,.;^—i—I
2%
United Stores class A
5
2V4
$6 conv preferred——No par
' 76
Universal-Cyclops Stpcl Corp....—1
14%
Universal Laboratories Inc
1
3%
Preferred
.2-No par
31."
Universal Leaf Tob—No par
68 •
U

V

2u0

56 Va

55 Va

...

tU S Realty & Impt

13,100

52%
144 Va

—

Jan
Feb

•

50
41

20
——-10
1

Plywood Corp....

3%

*74

75 Va
62 Va

61%

—

—

U S Pipe &

47%

145%

55%

54%
*74

1
_i_10

;

—..

'

<r"

100

;

Foundry
Playing Card Co

52

53 V*

l'±0 */2

preferred

3%

3%

3%

No par
No pur

A_____l_-.No par

47%

48%

..100
5
—50

.1

Preferred

•:> 1.200

35%

100

20

Co.

U S Lines Co

36,800

8%

10

*47%

Leather

S

.1

Jan

Nov

119

July

Jan

8

9

8
Jan
6
26% May 5
75% Jan 12
11% Oct 30
28% Jan 19

-lO.-W 4

—,

Much Corp

Hoffman

S

Prior

36

'

Co
preferred

Partic & conv cl

113

8%

8%

8%

U

1,500

31

9%

148

*146

8%
31

Co—

5% Ir conv preferred—
V S Industrial Chemicals/

80

-

35%

9%

75

4%

16%

*150

*111%

54

*4%

40

*37'.4

113

48

52%

52%

*176

*121

30%

53

*48%

98%

3%

2.800

47

3%

4

U

900

8%

60%

25%

is

25

39%

135%>

4 3'4

*87

39

8%

30%

47

a

50

*86 Va

39%

8%

35%:

a

135%

16

39%

8%

75

52

4'A

*47'a

14

51%

59%

*73%

74''2

4:%

*115/,

14

51%

■

4'A

35

14%

51%

S Freight

7%

1.900

*14

preferred.

U S Gypsum

10

,

*51%

14

48

%

1471a

147

53

48

•

183

U

—

No par
No par
—No par

Foreign Secur

1st

$6

1.400

80%

80

*181

•5.1%

35

46

3%

52's

9%

9%
35

*47%

147

8%

8%

8

9%

81
183

31%

31

31

80

*181

39%

13%
52

%

79%
182

*181

183

'

46

*13%

17% V 18

Improvement Co.—13%

preierred ———
Paper board
;

U S &

13.300

105%

*111%

113

5%

United

v

5

United Mercli & Mfrs Inc..

,1.000

105%

31

48

21 "2

(6%

;

—..5

2-No par

Fruit Co.—

United Gas

330

V

107%

13%

8

35 'A

*80%

6%

105%

31

<*53b

107%

6%

13%

39%

35

<16%

50%

107%

6%

50

10o%

8%

8

*38''2

50 Va

A107%

6%
13%

13%

10

*4834

7,100
5.700

105%

*51%

52"

607

14 Va
51

*105

39

25 7

14

12%

79

77«

s

14%

...

92%

Cos-—

& Fdy

United Engineering
United

3.200

93%

92%

*

*9%

60

1.700

Coal

Electric

United

5.300

10512

*181 '

52

240

12

35%

12%

13%

*145

W

11%
35%

A:

5
100
_L10

.2

preferred—.

conv

59

42
x76%

;

26

20

—

.1.100

Va

105%

181

48

100

66 Va

•-66

68

107%

'

107%'

107

6%

4

*45

109

*106%

109

«

135%

8.900

38 lii

17%

18

18 3

1-25 7

11,200

17%

38%

1%
39 Va

35

105%
H

*73%

30 Va

1%

11%

12%

37a

58.800

1%

67%

6%

51%

1%

1%

11%

%

51

*111%

IV*
38%

V

300

*66%

107%

30-%

28%

9%

14%

8%

*26%

9%

89%

14%

38%

27%

9%

35%

*51%

27%

9%

9%

■

28.';

9V4

11%

.

*26%

28

1%

*106%

66%

900

•

67%

17%

109

200

JUn
25% Jun

Jun

15% Dec
82% Jun

100% Feb 24
22%«Apr 18
4%% • preferred
—100
102% Jan 19
United Biscuit Co.
-No par 7
20%' May- 4
0% conv preferred..
—.100
110
Mar 23
United Carbon Co.t. ..l.„N« p«r
61
May 5
Dnited-Carr Fast Corp
No par
,
22
Jan
3
United Corporation—
L-No par
IVa Jan
3
$3 ©referred
No pa*
i 31% Apr 19
United Drug Co
—5
12% Apr 18
$4.75 preferred
No par
95% Jan
4
United Dye wood Corp——1
€
Feb
5
Preferred
...— 100
" 45% Apr .19
5%

800

24

V

66

Jan 10
Feb
7
Sep
7
Feb 19
Feb
5
Sep 14
Jan
3
Feb- 1

26

United Aif Lines Inc

114

*66%

67%

■!

120 Va

Tank Car

United Aircraft Corp

17.000

*23%
*112

66

34%

38 %

*9%

.

G6~

120%

24

*112

—.TOO
No par

—25
100

California
Union Pacific RR Co
i
4%
non-cuin preferred
Union Oil of

Union

600

109

1 %

1%

13 "4

121%

24

112
66

*

34

34%

121

23%

23%
•"'•—-A.

06

34

121 f.v 121

120%

*23

A

34

34%

109

109

109

34%

31%

32%.

31%

109

109

108

120%

32

31%

31%

,

*26%

11%

181

1,600

116%

29%

30

30 "

of Mo $5 pfd—No pat
No par

Preferred $4.50 series
i

10.700

103%

*112

A

tWi'a

18'

21 Va

116 %

39

*165

>

103%

33%

28

51 %

21

Carbide & Carb—
Ei „Co

20

114

114
A

21%

Union
Union

115%

66'A

*107

114

20%

5.700

118

*116

118

114

21%

80%

103%

30

23%

*106%

*116

30

107%

120%

17%

118

114

21

.

Bag & Paper.

!

115

35'%

1%

*116

20%

29%

34%

38:%

80 %

8.800

114%

30 Va

*26%

80%

15'/a

51'A
9%
76
113
109%
- 17%
93%
92%

No par
No par
No par

Fisher Co

Elliott

103%

30

•

14%

Under
Union

103%

107%

66%

14%

1.200

114%

30

*112

:

*113%

118

20%

v

79%

114

104'/»

*106

•

79%

20%

114%

*23

79%

14%
79%

15

*113%

114 %

30

14%

*116

1.18

*113% 114

*103

14%

79%

14%
79 %
*116

5

59

*58

,

,

Dec

161

Volume

RECORD

NEW YORK STOCK

Jan. 1

Dec. 30
f

%'

64
'

t

per share

*19

19%

$

per share

64%
19%

19%

■

9

8%

9

9'

9%

9 %

9:,«

9%

9:!'4

9% ::

1%

:%>:!%

1%

1%

1%

1%

58%

58%

59%

59'%

59%

13%

13'/a

13%

14%

*33%

35 %

*34-''

*24

•:

24%

24%

24%

22%

22 %

22%

22%

58

59%

14%

ft 13%"

34%

24%

24 Va

24%

24%

22%

:

23

22%

23

30'%

30%

10%

25 Va

84%

"82%

26%
102 %

t

110'%

111%

112%

V

102%

102%

102%

102'..:

102 %

>

*110%

117%

*116%

1U2'•'■ 403

117

110%

117%

24'A

25 Va

109'/a

109'%

-

v;

34%

34%

35%

34

-

5'A

5%

5%

14%

15'%

VA 14%

5%
14%

31%

31%

30%

31 %

30%

32%

34 Va

35 Va

05

66

64'A

65 Va

64%

65%

67

69%

"A

44%

45%

44%

45%

45 Va"*'

;-V- 44'A'

v

30%

124'A

150 %

151

151

35

123% •124',2

151 %

150%

35%

35%

*110

106%

69

105

■;

*63

105

*63

31%
89

89%

A

A,

:L*:

:

1

8 Va

-

!

8%

8%

8Va

8%

*81'/a

84%

*81'/a

*31

32 Va

8

8%

I

84%

8'A

!

8 Va

31

V

31

31

■■

;

-

17%

10%

10'%

10%

10:'i

10%

10%

10%

10%

98%

*98'A

98 Va

98%

98 Va

98 7%

99

*98%

% 9 8'A

13%

14

14'A

13%

14

13%

14

13'%:

13%

13

17%

*128

*123

*128

18'%

17%

18 Va

17%

18%

'

22%

22'%

22%

22%

23'A

23

23'A

*22%

41%

41%

41 Va

42

41%

41%

41%

42

37%

38%

38 Va

38 Va

38%

38%

38%

38%

38'A

*77%

79'%

79

79

79 Va

79

V:;'?80

82

*78%
eo'A

79%

82

81

81

82

80%

80%

%■■■

.

83%
1-

70

14

■

,71

84'A

70

82%

81
*69

14%

80'A

69

69

13%

14

34%

34%

*33%

34%

*33%

34%

13%

13%

13%

13%

13%

19%

20

19%

20%

20%

39

39

39

•Bid and

34

34'A

13%

v:

asked prices; no sales on

41%

106%

20%

20%

20%

20%

20%

20%

39

40

39%
-5%

39%

"39%

39%

5%

this day.

6

tin receivership,

a

Week Ended Jan.

Saturday—

«

Monday—

1,341,420
2,163,510
-

1,826,740

1,798,330

$76,571,400

:

Thursday—

Friday—
Total—

—

—

-

138

Jun

31

Jan

40

July

22%

NOV

29% May

12

106%

Jan

July 17

52

Mar

60

Apr

104% Aug 25

85

Jan

99

Oct

Jan

Jan

24% July
71% July

15

Jan

20

13%

Jan

22% Aug

2%

Jan

77

3

7

32% Dec

20

92'A Dec

13

58%

18

Feb

5

1

'July 18

7

Jan

22

7

29% July

26

9% July

Feb

20

y

7
5
13

-

4% Jan

14

9% Apr

5

2%

Jati

6% July

—1

6

Feb

3

20'A July

5

2'/a

Jan

9 Va

8

Jan

3

11 Va July

10

4'A

Jan

80'A Jan

4

99'A Nov 21

57%

No par

-

pfd

123

100

-

rDel)

.

Mfg. Co

—

58

Foreign—

——

———

1,095,200

—

76,571,400

Railroad & industrial

Total

<

—




$122,000

~

$77,788,600

17%

Jan

24% July

30%

Jan

42'/a July

16%

Jan

25%

82% Nov

8

44%

Jan

54

Jun

84

Nov

4

46

Jan

57%

Jun

8

91% Dec

5

78%

Dec

A 74% Nov

1

68 Va

Jan

.

14

22

Dec

No

Zenith Radio Corp

20 Va July

25,000

$1,095,200

$122,000

Av- Calendar Year

5

30

Jan

41% July

62

Jan

98

Not

Jan

16%

Jun

Jan

37% July

Jan

4% May

42% July

9Va

33% Jan

3

44% July 12

19%

19

6% July

2

5

y Ex-rights.

1

VVV

7-,••'%-•

"

,

Exchange

r.

Bonds (Par

'••;.

Foreign

Government

Corporate

260,280

$392,000

$20,000

347,870

800,000

531,400

800,000

12,000

$1,000

813,000

546,185

,

Monday—

—■

—

Thursday.
Friday—

744,000

37,000

3,000

784,000

838,000
53,664,000

—

17,000

$5,823,700

103,825,200
2,585,055,100

553,245

w

824,000

12,000

2,000

2,238,980

$3,560,000

$98,000

$6,000

;

Stocks—No. of shares

.

7/:! 5 ' -:

■

Domestic—

' $4,192,025

—_

Bonde

r--

Totar

r

$3,560,000
^

Foreign corporate

3,130,112,600

■

—a,

of representative stocks and bonds
Exchange as compiled by Dow, Jones & Co.
-Bonds,

10

10

Second

IS

Total

10

Indus-

Rail-

Utill-

65

Indus¬

Grade

Grade

trials

roads

ties

Stock®

trials

Rails

Rails

'

152.32

30

January

3_*

January

4

January

5

—

48.40

Holiday

•;,/%
152.58
154.31
154.42
154.00

48.43
49.04
49.43
59.83

y.

.

i

-

-

A

98,000
6,000

$3,664,000

20

30

'

—

—

A

-Stocks-

unit.

970,565

'

—

—

Foreign'government

120,413",100

the New York Stock

1——

1944

1945

$64,448,300 $2,694,704,000 $3,254,717,725

2—

817,000

V

Calendar Year
1944

1943

278,741,765

$603,000

January

Total

$412,000

Holiday

—

,

Wednesday

1943

263,074,018

Value)

Foreign
Domestlo

■

;

1944

January

Sep

Shares)

,J.

$77,788,600

December

17% July

106% Nov 21

wdWhen distributed. x-Ex-dividends.

Week Ended Jan. 5,1945

Tuesday

Date—

31%

Jan

29

of

9,774,000
17,829,400
21,115,600
22,141,400

on

|-;v 7Jan

20% Dec

Jan

(Number

19,000
36,500
23,500

2,165,000
61,680,300

listed

SPA'

Sep

77/a

14

3

13

No par

Apr

15% July 20

33% Apr 24
96
Jan
6

par

70%

21%

36% July 17

3

14% Jan

3% Jan

Youngstown Steel Door

108

Oct

30;

6

27% Mar

,

,

Deo

121

July 6
44% Oct 11

9'A Apr 25

29

1
No par
Youngstown Sheet & Tube—No par
5Vs% preferred series A
100

Below are the daily.closing averages

Miff.

Jan

If;

Stock And Bond Averages
ir.'G.

Oct

Apr

115

Sep 30

24

4

Dec

13

Zonite Products Corp.

_

;v

86 Va

11%

Apr 26

49

5

Sep

Jan

Jan

41% Nov 13

19% Apr 27
3

10

-

125

Sep 25

9'/a

Oct
Jun

9

14'A July 14

5

10% Jan

—10

—

69 Va Jun

$6,928,200

1944

8,146,440

-

Oct

Apr

—5

*20%

Transactions at the Hew York Curb

Bond*
———

27

31'A Dec 27

Week Ended Jan. 5

U. S. Government

86

Jan

87% Oct

27

24

on*

Sales

Bonds

Week Ended Jan. 5

Stocks—No. of shares

Jan

40

24

Jan

par

par

$18,000

4,083,210

Jun

7 Va

X64% Jan

No

No

224,000
268,000
174,000
248,000

1945

Jun

—

66'A Jan 28

1

112%

—

18

-No par

Tr

Dec

107% Nov 30

59% Feb 19

Stocks

Holiday

-

Jan

July

July 21

111

5

$181,200

21,868,400

8,146,440

'

WednesdTy

100

5

Saturday

20,918,100

——.

—

1,016,440

Jan

12

20% Feb

24% May

Jan

81

105 Va Jan

101% May 26*

Dec

24 Va

15%

29

120

United States Total
Government Bond

Bonds

$6,729,000
%%%-•.>.
9,531,000
17,534,900

-

*

—

Nov

12

Dec

Daily, Weekly and Yearly

Foreign

Bonds

Shares

22

49% Oct

Oct

13

Deferred delivery, n New Stock* r Cash sale. I Special sales.

Railroad
and Miscel.

5,1945

-

Tuesday

Stocks,

37 Va

30

9 7'A Jan

—.~.—

29

32

Young Spring & Wire

900

Apr

36 \e Dec

127% Mar

York Corp

10,300

Apr

11 Va

31 % Dec
126

Jan

4,900

6'/a

Jan
———

July 10
31V4 July JO

7

Feb

Jan

5%

151 % Dec

(F W) Co

Yale A Towne

•

31% Dec 29

Apr 24

Dec

"

4

Daily, Weekly and Yearly
Number of

3

22% Jan 20

Oct

Sep

31%

2'A

5

47% Jan

Transactions at the Hew York Stock Exchange
■4//0-*

6'Atluly
16'A July

100
100

160

r

6%

6

6'%

7
3

29% Dec 29

16%

Jan

8

Co

Oct
Jun

110

Jan

19

3% Jan

par

400

■

103

13

;

Oct

87%
119

Jan

4

6

29% Dec

—

(Wtil

11%

July 10
Dec

37'/a Deo

36% Jan

4,000

>

28
110

20% Jan

17,100

106%

Jan
Jan

"7% Jan

21

Wyandotte Worsted Co

11.100

*19'%
19%
41
r;.,.41%
106%

41%
106%

57

109

10

TOrlplisv

2.200

*

29

No
pfd 4%% series
Prior pfd 4'%% Conv series
Wright Aeronautical
-No

90

<

Dec

118% Sep 18

4

Feb

x91

Prior

400

»

103

26% Apr 25

50
^.50

Worthington P & M (Del)

400

v

14%

.

106%

106%

5%

5%

5%

5%

13%

13%

20'A

19%

42

-.40%

20%

39

13%,

70

70

'

40%
106%

39%

106'%

20%

%

20'%

19%

20

106%

40%

40

106%

:

r
:■

V
13%

14

13%

■

84%

:

34'%

*33%

13%

14'A

14

*83

71

Aug

99

1

16'A Jan
103

No par

Woodward Iron Co

300

80 .:• %

80

84 %

83

*70 V';:

Dec

85

Jan

1

113% Apr

*.No par

Motors

preferred

Woolworth

3.400

38%

20'A

Jan

67%

'

'

'79

Jan

60 Va

53 Va

—

1.800

,

8%

4
18

85% Apr

.——.20

6.800

V

23

42

30

Dec

66 % Dec

Wisconsin El Pow Co 6%

(

*128

*128

22%

*78

t

79% Nov

25% Jan

Co

Wilson-Jones

■;y2.300

26% July

Jan

Dec

28

10

Wilson & Co Inc
$6

Jan

No Par

preferred
Oil

Willys-Overland

900

%

.

:vV V

42

Prior

Wilcox

Jan

113,

3

16

29

—

8% July

2'%

17%

102% Dec

9

Jan

Feb

<— —

30,000

11%

98%

preferred

Sep
Dec

July

1

18% Feb
83

Apr

69

5
19

85% Dec 20

6

96% Feb

Wheeling & Lake Erie Ky—-—100
• 5%7tf
conv preferred——100
Wheeling Steel Corp*
-No par
$5 conv prior pref—
.No par
White Dental Mfg (The 8 S)
20

200

Jan

July

26

17% Jan

—
.No par
—4—No par

preferred

54.300

av:

is

18'/a

10%

18

$4.25

10% July
25% Jun

22% Jan 26.
77

9

Dec

White Sewing Mach Corp$4 conv preferred-

3.700

?

(

Instruments——12.50

Elec

31% Dec

Jan

.6
6% Jan
3 *.

f

3.100

1;

8'A

20%

class A-No par

White Motor Co

}■-

31

8 Va

8%

8.400

500

8%

84%

8%

:

4

570

i

27%

27%

*80

8%

iZ-

i 7,700

V:

-'VV,;v:

22

W A $ *21 %
VA' 26Va

22

22

27'/a

90

*89

90'A

90

27%

'

20

•32%

$4.50
';

20

-f

23 %

Jan

41

preferred—.

partic

Weston

50;

:

105

32

33%

■A:

69

*63

105 r

V

-4:.
:

33

*31

8

7%

V■

'■

106'A

84%

-

*80

33

*30

:

22

26%

26%

8%

84%

•

106

32%

90%

*21%

22

26 %

8%

8%

89%

89%

89

*21%

26%

26 %

32'A

> 111

106'A

Jan

65

Westvaco Chlorine Prod—

1.500

29

*110

69

*63

*104%

33%

29

-A

110

106'A

•

22

*21%

69
106

32%

y.-

29 1

110

106'A

1st

190

r

f'-i i.ioo

■

15%

12%

23

56

Jan

7%

Aug 23

22% Dec

25

100

Wcrstlnghoutse El & Mig—

6.200.

34%

34%

:-v-

25

com—No par

Westinghouse Air Brake—

i: 5.900

151%

*148

35'4

800

f

•

1'!

124

122 V

151

*28'A
A:

■'

124'% ;

—

35'A

29'A

107

V *104'A

30 V«

151

111

*63

69

% 105

31%

32%

*80

28%
*106'A

111

*106

1

-26%

30 Va

32%

23

a

A

Western Union Teleg
Class B——

42.300

46

26 Va

30%

series

Preferred

' 9.100

:

26%

124

35%
•

111

110%

106%

*104%

.

28'A

28'A

27%

27%

■

73

15% July

Dec

-No par

Fuip & Pap Co

preferred
Supply Co—

Western Pacific RR Cp

11.200

38

72

30%

V

35% -35%

124%

150%

37

VV

•

May

2% Mar

Jan

62

Jan 27

15'A Apr

100

•

13

22

Western Auto

| 3.000

■

pfd

'

'•

Jan

% Jan

2% Aug 21

Jun

22% Apr 25

100
-—10
Western Maryland Ry—
.
100
4 ft' non-cum 2nd preferred
100
'6%

220

( 1.200
i 5,600

,

15'/a AT 5%

•

26%

31

124 7 a

123%

110%

15% A •V.-

A 44%

27%

*26%

30%

30%

30%

*106

A'

■

27%

*27

26%

30%

15

*

'

West Va

2.400

»

'

44%

1

4%

11% Mar 31

Oct

9%

15
July 10
36% Dec
2

100
.100

-

Power 4'%%

West Penn

120

-

109%
109%
- t *107'%
34%
•33%
34%-'
5% >: 5%
5%

109%

34%

*34

5%

5%

24%

24%

24%

*24'A
A

5%

15

i

117

18% May

Jan

26

-No par
—>1

Sugar Corp—

preferred
6% preferred

170

Jan

4%

May 18

Electric class A—No par

7%

90

•

109 %

,

116%

117%

Indies

West Penn

80

15%

11% Apr 24
14

——-No par
Snowdrift—No par

preferred——

$4 conv
West

11.200

"

24 Va

24T«
*107

102'%

"

9

27

9

22% Feb

Eisettlohr

Webster

27

45

—50
5

& Pipe

Wesson Oil &

ioo

r

25%
102%

110

1

J

85

20%

20%
102

110

24%

85

85'%

25%

110

,

"

4.100 1

ioi%: 101%
111% 111%

26%

20%

*101%

26%

*

25%

*83%'

84%

20 Ve

14%

44

700

21.600

10%

10%

*24%,

,

t

30%

30%

10%

24%

*82%
>

'109% 109 %

;

600

Nov

10% Jun

3

Jan

1% Feb

No par
Washington Gas Lt Co—No par
Waukesha Motor Co
-—5
Wayne Pump Co-——_1'

1.800

22%

.

7% Jan
8

No par

Pictures

Warred Fdy

300*

54%

x20

preferred--.—

Warner .Bros

41.400

■>

25%

'

'

10-%
25'/a

102

*34%

-

30%

30%

10

24%

101

24%

*25

;r

14 %

34%'

34%
22

10%

102 Va

*116%

$7

34%

34%

111 %

102 >4

1.000

Jan

17% Jan 12

—No par

Co cl A—.

Ward Baking

'

28

*110

59%*

24%

9%

24

102

.

Class B——

13%

4-14

30%

*29%

85 »/2

26%

102

3.700

34% ?

A

13 Va

35

f

24 >a

*81%

1.000

1%

'

10

10

9%

Highest
t per share

38%

68

Feb

S per snare

Nov 22

4

No par

9%

1%

t per"share

Share

48

No par

Co

Walworth

9%

Lowest

Highest

No par

preierred

*9%
*58%

59%

%

,

*

''

23%

21,500

Div redeem

'

30%

,*29 '/a

300

G & W

(Hiram)

Walker

3.200

19 %

1%

9%

l %

7

66%

9%

9

!) %

I per

Par

Sharee

share

19%

•

Lowest

9%

8%

:

/

per

65%

66%

19%

>

t

per share

65

04%

05

*19

19

*

per share

05

0518

19

■

<

per snare

Year 1943

Range for Year 1944

STOCK

EXCHANGE

the Week

Jan. 5

Jan. 4

NEW YORK

Sales lor

Friday

Thursday

Jan. 3

Jan. 2

Range for Previous

STOCKS

LOW AND HIGH SALE PRICES
Tuesday
Wednesday

Monday

Saturday

123

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4349

First

2G.37

56.55

107.10

112.89

26.41

56.63

107.62

112.56

26.39

57.21

107.09

112.80

26.31

57.34

107.14

112.94

92.99

26.26

57.36

107.18

113.05

93.20

91.74

Holiday
91.75
92.69

10
Utili¬
ties
108.75

71,061,713

71,374,283

$4,140,000 $169,546,500 $217,167,000
.

146,000
36,000

10,277,000
1,250,000

12,564,000
1,315,000

$4,322,000 $181,073,500 $231,046,000

'S8S Bond Record
'•''

'.•

.-

v-:,Ci

:

■

'«»>

WEEKLY

-

•••

The italic

■Bans
0
Interest

Last

Period

Exchange

Sale Price
5

■

S.

Treasury
Treasury

3s
3s
2%s

Treasury
Treasury
Treasury

.

2%s—
2%s—
2%s
2%s

Treasury
Treasury

Treasury
Treasury

2%s
Treasury 2%s_
Treasury 2 Vis
Treasury 2Vis
Treasury 2 Vis

—

-1952-1954
1956-1958
—1962-1967
1963-1968
__June 1964-1969 "
-Dec. 1964-1969
-.1965-1970
-.1966-1971
1967-1972
1951il953
1952-1953
__1954-1956
1956-1959
1947
Mar 1948-1950
Dec 1948-1950
Jun 1949-1951
Sep 1949-1951
—...Dec 1949-1951
-March 1950-1952
Sept 1950-1952
—

_

2Vis_

Treasury

2 Vis
2%s

Treasury
Treasury

-

2Vis
Treasury 2 Via
Treasury

—

Treasury

2'As
2'As.

Treasury

2'As

Treasury

Treasury

2 Vis —

Treasury

2s

Treasury 2s_.
Treasury

2s

Treasury

.

2s

Treasury

2s

Treasury

2s

Treasury 2s

2s

Treasury

A

—1951-1953

2sX

—1951-1953
June 15 1952-1954
Dec 15 1952-1954
__1953-1953
June 15 1948

Treasury 2s
Treasury

Treasury 2s-j(,

2s
Treasury. 2s
Treasury

:

l3As—

Treasury

*103.24

103.26

105.9

106.9

103.20

103.21

105.18

*109.30

110

109.28

110.19

*103.12

103.14

104

104.20

J-D
M-S

*110.29

110.31

112.24

112.24

111.16

.—1945-1947

M_——;

series

TVis

New

Series

No.

Series

No.

3%s

Series

No.

3%s

Series

*101.17

101.19

*106

106.2

106.3

No.

106.24

J-D

*10.9.15

109.17

108.19

109.12

M-S

*112.6

112.9

111.9

111.15

*112.6

112.9

111.7

112.20

111.7

M-S

,

__

J-D

„

No.

Series

No.

3%s

Series

No.

3%s

Series

No.

Brisbane

111.13
.*>

Series

3%s

(City)

s

112.17

J-D

*112.18

J-D

*101.27 101.29

102.28

103.9

M-S

*106.1

106.3

106.16

106.24

J-D

*106.31 :107.1

106.14

106.31

M-S

*107.19.107.21

107.7 v

107.7

*104: a

af-s

.

,104.2

103.29

103.25

103.17

103.22

'100.28.'<T00.28

?'

J-D

100.18"
100.17-

7

J-D

el00.14

J-D

100.11

100.19

M-S

__

; J-j
J-D

100.12

22

100

100.11

23

100

100.14

100.19

26

100.4

100.14

100.9

100.23

106.9

107.3

102.8

102.8.

106.18

107.21
100.20

A Chile

102.6

*102.4

-.

>107.27 107.29

__

•

100.27.;

100.27

M-S
J-D

*103.21
*101.28

J-D

104.8

101.26

101.26

*101.21

M-S

.

101.22*5

101.19

101.6

;

101.10
100.25

100.5

*100.25

100.27

*101.9

__

M-S

100.28

100.16
15

100.9

100.13

100.13

20

100.8

100.19
100.11

*105.28

105.30

105.12

100.13

J-D

J-D

f__

J-D

101.5

ACiille

1980

Corporate Stock

112% 113'/a!

113%

J-D

J-J

1942

M-JV

1900

A-O
A-O

Feb

1961

r-A

19G1

F-A

:

6s

s

—Jan

1961

1961

*21

ft

M-8

1981

M-S

1962
1962

1963

M-N

1963

M-N

1957

J-D

1957

J-D

1961

J-D

;

19

18%

18%

2

17%

19%

A-O

; 18%

18%

5

16%

18%

18%

2

17%

19%

18%

18%

42

16%

19

17

18%

18%

15

18%

,*16'/4

17%

18%

J-D

1960

M-S

of

J-D

1901

1928
1927

—Oct

16%

(J-:'/:';}1

A-O

1961

A-O
M-N
F-A

1952

5s.

69

49'A

J-D

.1953

(City)

J-J
A-O

1947

ASinking fund 7s of 1926

Wertheim &. Co.

Af-N

70

M-N

33%

M-S

4%s

external

.1953

*T:

.1951

Municipal

&

Govt.

Agricultural Mtge Bank
AGtd

(Colombia)—
1947
1948

sink fund 6s

AGtd

•'*

sink fund 6s

F-A

1943

J-J

1945
C—___—1945
—1943
AExternal a f 7s 1st series
_1957
AExternal sec a f 7s 2d series—1957
AExternal sec a f 7a 3rd series__1957
AAntwerp (City) external 5s
1958
Argentine (National Government)—
AExternal

s

f 7svsefies B

J-J

>

'.

v '

35

;

35

A-O

J-D

s

f 7s„—

lABrazil (U 8 of) external 8a
Stamped pursuant to Plan A

1941

(Int reduced to 3.5%)

1978

AExternal s t 6'As of 1926

11957

'

i

-

Stamped pursuant to Plan A
(Int reduced to 3.375%)

;

V

AExternal s f 6'/2s of 1927_
Stamped pursuant to Plan A
(Int reduced to 3.375%)
(Central

A 7s
-.

..

•t...

Ry)

.1940

A-O

85

100%

17

36%

16%

£
31

,>16%

>>

90%

.56%

.

M-S

.1969

A-O

1969

A-O

1967

J-J

31:

.1949

J-D

95

;1949

mm

5V2S

1st

series.

32
-32

F-A

102%

98% 101%

39

90%

A-O

•
.

89

.90%

;

>

,

unstamped

...7s

1957

:

II
100

100
:

mm

30

'

101

V'2

100

;

48

106% 106%

2

m-."" *V•;'

.

5

90%

.

82%
82%

93

Haiti

93

13

90'A

90%

A 6s

99%

part

paid-

(Republic)

100

M-N

95%
.

MM.

.

f

95%

96'A

*•

J-D

J-D

.W

•

>

102%

Mexican

100%
*+'

102

j

105%

50"

15

54'/4

61

J-D

58%

57%

57%

A-O

47'/a

63'/a

52

56 Va

1979
1952

A-O

*59%

J-D

56%

51'/a

__

J-D

1979

63'/a

58

A-O

1978

47%

16

57%

57%

57%

A-O

49%

5

(State Mtge Bk) 7s
6'/2s

1954
-1954

(Colombia)

Irrigation—

A Assenting

to
to

5,

1942,

agree

1943
1943

Q-J

agree

: a. 11%.

10%

1

..8a

1942,

10%

J-D

:.y

14%

13

10%

—

*21%

J-J

9'A
•'

10%

16%

MM

13

ft

For Financial

57

52%

52%

3%s

Series

No.

3%S

Series

No.

2

3%s

Series

No.

3

3%s

Series

No.

4

3%s

Series

No.

3%s

Series

No.

6

3%s

Series

No.

7

*52%

*52%

-

.-—MM.

MM

52%

—

,

Series

No.

8

Series

No.

9

Series

No.

10

3%s

Series

No.

11

.

■

12

mm —

No.

13

19

Institutions

14

mm—

3%s

Series

No.

15

mmm

3%s

Series

No.

16

3%s

17

Mm

Series

No.

Series

No.

18

mm-#.

3%s

Series

No.

19

mmm

mm

mm —

'




54%

62

58%
58%

50%

'

50'/a

60

MM

MARKETS

.

.

.

58%

50%

56'A

52

56'A

53'A

57%

r.ARL MARKS & no. INC.
FOREIGN SECURITIES

SPECIALISTS

55%

50%

*52'A
'

FIRM TRADING

59%

53

57%

*52'A

51%

*52'A

■

128.

*52'A

*52'A

mm

—

3%s

page

'

mm

SECURITIES

60

53

54%

FOREIGN

57%

52%

*52'A

mm —

No.

55
53

0T\

*52'A

'

No.

Sereis
Series

58%

*52'A

•

MM

*

59%

51%

60

50 Broad St., New York 4,
Telephone HAnover 2-0050

*

'

18%

16%

61%

53

*52'A

MM

:

61%

50%

52%

,

1^1 m
'jJTt

*52%

—

_

3%s

see

:

*52%
.

3%s

For footnotes

55

61%

51

'15
:•<< i-

*58

3%s

Series

54

*52'A

MM*~

52'A

,3

52% e53%
*53

MM

3%s

3%s

9

53'A

52%

53

MMM.

15

18%

mm

29%

19
-17

14%

50

mm

12%

11

11%

51

13

9%

*15%

11%

10%

__

External $ bonds of 1944 (PlanB)—
1

19

34

98%

«.m

17

2

16%

J-J

agree

18%

*10%

agree

5ATreasury 6s of 1913 assent—1933
AAssented to Nov. 5, 1942, agree

v

18%

Q-J
,

9%-

*19

61%

65

19%
98%
100'A

11%

-

-—-

1943 i
5,

*j-

——

1954

1904
Nov.

Nov.

♦

34 %

97

*11

M-N

1943

I

4s of 1910

AAssented

'

,

A4%s stamped assented
A Assented to
Nov. 5,

A Assenting 4s of

14

34%
*92'A

21%

95'A
"

'

5%

3%s

45

106%
100

75'A

__

*11%
34%

13

,

1

'101%

J-D
J-D

-

15

10

•■.-

15%
98 V8

56

51

A-O
M-N
A-O

j.960
:1'»57

(Prov) 4a readjusted

18

••98%

64%

56

f 6s series A

1942,
A Mexico (US) extl 5s of 1899 £
A Assenting 5s of 1899
A Assented
to Nov. 5, 1942,

65%

54

57%

A-0

Jugoslavia

AMedellin
Mendoza

101

100%
3

60'/a

59%

60

98

iZ';

Jfr

*105%

-•

101

88

A

101

92

C'

100'A 100%

mm

.

.92

8

16

100

*100V» 101%

'

J-J

58

99% 100

100 ;

M-S

s

17%
*14%

19S8
1952

-

.Irish Free State extl s f 5s
•

J-J

Stamped pursuant to Plan A
(Int reduced to 3.375%)

101

84

1

•

100%

*100

*46%

t

1964

A7s part paid.

;

AAssented

1979

*100'A

v

~

,

92

mm

Greek Government—
.

Stamped pursuant to Plan A

(Int reduced to 3.5% )
funding bonds of 1931

.1961

36%

36'/a
.

16%

35

M-S

External

100%

17

1949
——1953
1953

f 6s

86%

17

*95%

s

84%

92

17

M-N

external 6'/a8

67%

*100

1

102

External

14

*100

5>';

M-N

Belgium

78

M-S '•

34

*83

—

71%

77

A-O

5

A-O

35

*29%

''Si?'

89%

81

.1940

34

*29%

A-O

77

89%

80

;•"> oi

.1942

1

35

1948
S
1971
8
1972
8
1972
Australia. (Commonw'lth) 5s of '25-1955
External 5s of 1927
1957
External g 4% 8 of 1928
1956
external 4%s
f conv loan 4V2B
f extl <onv loan 4s Feb—;
f extl conv loan 4s Apr

S f

F-A

.1962

71
36%

5

>"

35

*29%

A-O

External

61%

34

'.

J-J

A

•

-

U '60

50%

,

.

35

i

35

'

External s f 7a series

AExternal s t Is series D

'

35
J

53

86

*73%

J-J

'

■

66%

*60

.••v;/

M-S

(Dept) coll 7s A

:

■*60

A-O

1968

AAntioquia

1942

69

81%

*79

82

59'A

>

.75

153%

59%'

73%

*63

J-J

1955

•

.

108%

139%

>18

-

"

(King of Norway) 4s

Akershus

■'?:

106'A

100%

.104 %f 112%

*'/'

mm

108

104%
82

'

i-v'V'

33 %

103%

152% 154

A-O

79%

-21

25

106VA 107 V7a

A-O

.1952

c'-Elfir;*:

82

57%

1

70

33%

>

41%

59%

76%

*107

J-D

41 %

36

33

106%

42

34
__

70

j.j

.1945

A Public

34
„

*106'A

J-D

.1977

debt

1-1693

51%

*106

F-A

1949

Teletype

69%

39%

*40%

1951

Rica

57'A

27

69

49'A

*71%

69%

1

69

*40%
■.

17%

28%

-

57 V4

1

68%'

17%

14%

.

16

49

*40%

1949

A Costa

68%

>

1961

.1946

bonds

10

31

*21

1970

Jan

f $

s

16%

18'A
18%

16%

V

(Republic of)—

of

17%

18%

15%;

*16%
17%

16%

18%
18%

17'A

M-S

I960

18%

15%

17%

17%

L—

18%
•

17%

*16%

A-O

•

16

17%

17%

A-O

19%

16
17

*16 Vi

Chilean Cons Munic.7s.

external

20

A-O

1961

5s_

19%

17','2

16%

M-N

Copenhagen

Foreign

16%

18%

1961

(Hukuang Ry)

20

16%
21

18%

"l

M-N

Chinese

19%

18%

1961

assented-;

19%
20

17%
"16%

18%

18%

,1947

NY

17

16'A

18%

1901

i

19

19%

>

18%
18'/a

ft

Sep

19%

38%
23

48%

;i8'/2

45

19%

18%

'

Broadway, New York

105%

16%

18%

ft

1962

A6s

120

104%

18

18%

18'/a

Sep

sinking fund. 6s

A 6s

Member« New York Stock Exchange

103'A

18%
v.

18%

1962

3s

2-2300

103%

19%

18%

18%

J-J

es

6%s

40

,*17

J-J

____Jan

f

assented

Colombia

REctor

303%

101%
101%

102

102

102

M-ff

a 6s assented

A 7s

Telephone

101'A

102% 102%

J-J

J-J

Mortgage Bank 6%s

A 6s

Foreign Securities

106%

102% 103'

M-JV

67%
110%

104'A

109'A 109%

189%"

88'A

108%

13

106 % 106'/a

1954

AGuaranteed sink fund 6s

a

A-O

86V'4

50

'

J-J

1942

f 7s

A6%s assented

.

A

'■*'

Feb

;

fund

ASinking fund

114

108%

>

101%
18 •'

s

£1 A6s assented—

: -

46

•v-2

*60'A

104% 104%

A 6s assented—

*

83

83

>

J-J

87%

73'/a

■

1

'

104% 104%

sinking fund 6s

AExternal

100.28

M-N

'

-J

r

J-J

A6V2S assented
-

■Xt

>

x

J-J

A 6s

;

101.16

100.28

101.9

101.9

>100.13- 100.14

>_

J-D

81

'

A-O

73'A

11

81'A

81

■

1958

assentedAExternal sinking fund 6s:

-

81

F-A

86'A

72'A

"

95

72

'

12

81%

81

1953

assented

A Extl

105.12

100.17

90

>■

*90 Va

81

15

assented

A6s

.;

100.19

100.17 100.17

J-D
J-D

1

:

99%

15

sinking fund 6s

ABv external

101.20

M-S

1900

External

sinking

A6s

100.21 101.10

100.25

M-S

A Extl

99%

102

95%

:

—

103%

A6s assented—

10~L8~ 10Tl9

*101.17

J-D

;

8s_____

(City)

(Rep)

17s assented—

*

i-

95%

•'

92

Jan

>

,*101.24 101.25

__

104.8

58'A

92

—Jan

__—

AExternal

.

59%
55

51%

:

__

98%

*101% 102

M-3

1967
1968
-Jan 15 1948

3s

.3s

10T5l

101.27

*101.26

M-S

10L31

*104.10 104.12

„

.

J-J

3s
3s

-

101.30

30-yr 4s

> 2%s

103.23

M-S

30-year

?

\

95 '/a

95%

J-D

i_1970
1970
1973
1984
1960
1961

3%s

30-year

58%

51%

•:

59

*96'/a

F-A

v

1977-

f $ bonds

s

25-year
*

*52'A

Jf-S

1958
1950

59%

'

51%

*52'A

mmm

1957

5s

58%

51

53

*52'A

mmm

•-

55%

52

*52'A

'

30

60

51

"I

*52'A

mm-

29IIIIIIIIIIHIII

54%

52

52%
53

mmm

55%

50%

2

54

53

,

*

51 %

mm

*52'A

mmm

f 4%-4%s

s

A Carlsbad

100.2

*100.27 100.29
>107.2
107.4

,

m—

1951

iDom of)

Canada

100.17

100.14

;

j-d

100 >

54%

52

5

53

52%

mmm

f 4%-4%s__

s

external

100.10 100.16

i__

M-S

M-S

External
,3%

High

50'A

*52'A

mmm

f 4%-4%s

Refunding

.

Low

7—

53

•/

mmm

>• External readj 4%-45/«s

100.16

100: '■»

1

100.18

J-D

53

mm —

stamped

External s

100.11; 100.17

Year 1944

(Province of)—

Buenos Aires
A 6s

Sold
No.

Hisis-

*52'A

Sinking fund gold 5s
Sinking fund gold 6s

104

*103.23

M-S

f

Range for

Bonds

Friday's

or

Bid & Asked

'

27:::::::::::::::

3%s

v.

Sale Price

Low

AGuaranteed sink fund 6s

Transit Unification Issue—
3%

No.

3%s

City

York

No.

3%s

Last

1-eriod

20

No.

Series

Series

103.11

102.3

M-S

>

Series

3%s

112.24

J

Interest

(Continued)-

bonds

$

3%s

3%s

.111.11

110.9

M-S

.

External

111.23

109.24

•103.18
■

(Continued)

Brazil

High

109.20

Owners' Loan Corp—

'

Low

*109.18

J-D

*—1950-1952

2Vis
Treasury 2Vis
Treasury 2Vis
Treasury 2 Vis
Treasury 2Vis

NO.

High

M-S

1958-1963
1960-1963
194jJ
1948
1949-1953

Treasury

Year 1944

J-D

1948-1951
1951-1954
——-—1956-1959

Treasury

Sold

ar

Week's Range

Friday

Stock Exchange

New York

Range for

Bonds

Friday's

Low

■

A-O

1947-1983
1946-1956
1946-1949
1949-1952
1946-1948
1951-1953
1955-1960
1945-1947

3%s

Treasury

or

Bid & Asked

Government

4'As
3%s
3 Ves

Treasury

Week's Range

Friday

BONDS
York Stock

U.

•* y.;\ t,y\f; '*•/'; \ .W.t-.v;.* • /!'.•*. •> * •'

v >.v

.»:;

\.;,. i,

BONDS

New

Home

-; • . ~v •>;. •. v;

disregarded In the week's range, unless they are the only transactions of
account Is taken of such sales in computing the range for the year,>
. 1- .
' 'v'> -V
"" Uj: ■4;>" >
A^-:

"and

are

and when outside

week,

21354

v' .■'. -■•■ •!..♦ •:.;

.

..

YEARLY

-

interest"—except for Income and defaulted bonds. Cash and deferred delivery sales are
of the regular weekly range are shown in a footnote In the week In which they occur. No
letters In the column headed "Interest Period" Indicate In each case the month when the bonds mature; ;w
>:>>>>,•
v
'-v;/ r"'V
RANGE FOR WEEK ENDING JAN. 5
- '•■v.''/- '.''V

NOTICE—Prices
the

Eachang@fi|§lfl

Mew York Sleek

«»
FRIDAY

;

Monday, January 8, 1945

CHRONICLE

COMMERCIAL & FINANCIAL

THE
124

N. Y.

Teletype N. Y. 1-971

125

'THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4349

161

Volume

NEW YORK BOND RECORD
RANGE

<

Interest

Last

Period

Stock Exchange

York

New

Week's Range
or Friday's
Bid & Asked

Friday

BONDS

:.-:v

Sale Price

MS

*38%

40

1959

M-S

•38%

40

1952
1959

External

External

98 Va

A-O

98

97%
97

A-O

..1963

F-A

*

1970

J-D

%

98%

A-O

1.1963

Af-N
Af-N
J-D

..1967
1947

Stamped pursuant to Plan A
(Int reduced to 2.125% )~

New York 6

Exchane#

Stock

39%

40

—

38

M-S

19%

20

30

16%

25

19%

J-D

18%

18%

19%

67

16%

24'A

1st

29

17

24%

—w'

25

25 y.

Stamped modified bonds—
1st intge gold
(int at 4% to
Oct 1 1946) due
July 1948

A-O

1968

-1950

.

•13%

16%

*25%

17%
25 %

1

14

15

5

12

14%
*41%

——

'

•'

J-J

7%s—1952
1947

(State) extl 6s
Janeiro (City of) 8s

37

A Rio

de

1940

Stamped pursuant to Plan A
tint reduced to 2.375%)
AExternal

♦50%

:

1

1953

F-A

38 Va

y

73 Va

103

75%

407

41%

73%

83%

206

46%

82

75%

352

41

72%

-■'■.72%" 75'A
y
56 "V 62%

146

1993

j-d

82%

81

Af-S

74%

_-JiJ._'._1996

Af-S

75

JFeb 1 1960

f-a

due___

L.2000
to

:

/

;

-60%

:

''

M-n

y

31%

58%

■1

64.'

98

t 97%

113

89

94

346

95

93

95%

72

j-j

90

86%

90

26

j-j,y,;v:,.;y

90

86%

90

93'A

1959

j-j

1951
1951
1951

a-o

Telephone of Pa 5s series C—1960
Beneficial Indus Loan 21/4S____>__1950

A-O

due_>^_

1947)

73

1.225

96

97

j-j

1

Jan

41%

'

(int at 3%%

_.1950

41%

y

;

90

56%

94

57

37%
48%

yV 72%

H

to

40%

42%

38

38 Va

J

159

101'A 101%

100%

(int at 1% to

,CJ. /g'west Div 1st M

'

30

101%

73

due___ii

1946)

Sep. I 1946) due

:

45%

40

A-O

70%

337

99% 100%

75

~

41

■

100

j-d

,;!' Pgh L E & W Va System— <: 3..; /
-.-1 J J Ref gold 4s extended to__;_Ll951

50%
103

High.

(int at lVs%

C

ser

gen

to Dec

AConv

35

4-0

1995

VToledo Cin Div ref 4s A.
•

A-O

to Plan A
(Int reduced to 2% )———2012
Rio Grande do Sul (State of)—
A
extl loan of 1921
1940
Stamped pursuant to Plan A
lint reduced to 2.5% )_—.1999
A 6" external sink fund gold
1968
yVA
Stamped pursuant to Plan A
(Int reduced to 2%)
—2012

i

.

100 Va

F -A

36%

36%

35%

A-O

46

46%

39

Aroostook RR—

Bangor &

ref 4s

Con

stamped

4s

pursuant

Stamped

&

due

1946)

Ref & gen ser D

y.

50

—

42%

1

'

101'/2 101%

2001

6%s

sec

Af-N

-

jjuts

'

44%

VKV

A-O

:

37

34

F-A

July 1948

■if Sep 1 1946) due
ii.
Ref & gen ser F (int afc l%

44 %

>41

Stamped pursuant to Plan A
tint reduced to 2.25% )——2006
APrague (City ol Greater)

Ref

V

45

36

U..'

—

■

Dec

26%

■

41

-2001

Range for
Year 1914

Ref & gen ser A (int at 1 % to

%

31

*

jtitgn

RR—

Ohio

Si

mtge gold 4s

26 y

12%

25%

25%

3-D

/ 32

25

*13%.

A-O
J-J

3-J

1966

*

Baltimore

26%

11 Va

60

1961

AExternal loan 7%s

""

'

A-O

1963

Stamped pursuant to Plan A
(Int reduced to 2.375% )-

A

40

A-O

1958

..1947

19'A

•25

Sold
AO.

Bonds

Friday's

B

M-S

18%

or

Bid & Asked
Low

2008

1940

Queensland

Last

Sale Price

42%

37%

Week's Range

Interest
Period

York

New

105%

31 Va

Friday

BONDS

*

97

104 %
,

_

..I960

A-O

Exchange

Bell Teletype—NY 1-310

..1959
..1961

Slock

Telephone—DIgby 4-4933

94%

88%

3

96'A

•38%

'

—•

88

York

New

90

87

97

♦105

Af-S

Members

Broadway"'

61

——

96

:

7s_

(State of)

•85%

Af-a

99%

83

89%

•92

1994

^

88

•92

1963

—

PFLUGFELDER, BAMPTON & RUST

v

101

100 Va

94

98 Va

98

100

98
96

3

•87

98%

100

100

93

16

100% 100%

..1955

P<"-,namhuco

9

98

Af-S

1965

3VxS series B

/

98%

1956

Ext sec ref

89

93%

yV.

•100

y-V —/■

F-A

5s_

f

s

M-N

..1957

f 5s__

s

105

92

■V'"—.

•103

Railroad Reorganization Securities

42%
42%

32

y~»

(State)-

South Wales

New

J-D

High

32

..1958

external s f 6VaS

a Sec

Year 1944

Low

MO.

(State)—

Geraes

Mlnas

Range for

Bonds
Sold

<

Hw

LOW

JAN. 5

WEEK ENDING

FOR

Beech Creek Extension 1st 3%s
Bell

2%s

'

Y

'•v

98%

102

101%

100

5

130r,,a

lOOVt

•

101% 101%

89

128

4
•y

—^v-y"

90

73%

'y

A *100%

'

^

74

¥

33

129% 130

J-D
A-O

1956

debentures

'*102

y

101%

■

—...i960

loan of 1926

external

A7«

A
tint reduced to 2.25%)—-2004
A7*
municipal loan
1967
Stamped pursuant to Plan A
(Int reduced to 2.25% )——2004
Santa Fe external sink tuna 4s
1904
ASao Paulo (City of Brazil) 8s
1952
AfP'as extl secured s f—
_1957
Stamped pursuant to Plan A
pursuant to

•Stamped

reduced

(Int.

.2012
.1930

Paulo 1 State) 8s__
Stamped pursuant to Plan A
( Int: reduced to 2.5% ) — —1999

IA San

water

Stamped pursuant to Plan A
*
(Int reduced to 2.25%)
Afis extl dollar loan

2004

.

45%

J-J

{A Secured

f

f«

43%

Stamped pursuant to Plan A
(Int reduced to 3.5%)
_1978

46

ASIlesla

sec

A4%s assented

•

A-O

44

37%

37%

Va

AAA;

{■

*63

37
66%

56 Va

26

^

12
_

11%

J-D

17%.

California

vV
10'
'

25

Canada

v°10% 17 %
lOOVaY 100/8 100 Va
*91

F-A

—

M-l'

__
'

Af-N

95

r;

90

__

75%

75%

Af-N

75%

Af-N

•73
*73

60

78%

78%

F-A

3-J

*10

F-A

13

76

66 %

'7:-

y

13

108 V4

12

105%

11

103%
109'

109%

--yy.

..

y

112%

A"""

y'

85%

33%

34%

32%

44%

21%

32%.:

*102'/a

428

172

82%

34%

A,

86%

.86%

83%
33%

21

4
;/■;

32%

89%

102 Va

69

18

88

■

97%

*97 Vo

—'

:

Oct

-1969

4V2s

.

Certificates
Carolina
Carriers

of

Clinch

Gen

&

& Adir

Cart

J-D

- •

yy

iy

-r

91%

85%

97%

*116% 116%
116% 116%

115%

F-A

112%

i960

98%

-

1949
1965

M-S

118%

116

118

116%

119

15

115%. 117%

,

,7

26

;i?i.
9

105 %

111%

114 %

107

111%

84 Va

100%
98

•105%

A:VA

116

"l

.

105

J-J

118%

r

i07%
96%
98%

M-S

-

112%

116%

1

107

F-A

95%

13

s

115% 115%*.
112% 112%

J-D

106%

101%

5

117 %
116% 116%

'AAV

A-O

r

'f 116 %

A..v*y_yy

J-J

1956
1951

4%s_.i

trust

117%

10

112% 112%

J-J

<

deb 6%s
1946
deb stk perpetual

Pac Ry 4%

106% 106 Va

112%

J-J

____1957

5s

4%s

.20%

"

gold

106%

A-O

1962

gold

22%

10

■;

112%

,18

:

85

i

A A-O

1968

tJACarolina Central 1st gtd 4s

62

\

10

18'A

104'A

109

A-O
J-J
A-O

-

Northern Ry

Collateral

79

59

'■

78%

*68%

F-A

cons

gold

Can

78%

60

75%

3%s

gtd 5s A

Power

Guaranteed
Canadian

76%

65%

i

75 3A

J-D

103 %

108

106'A 106 %

-

yy. —

A-O

..

1960

gtd__

Guaranteed

VAYYA
28

>

109% 109 Va

106 %

—

^Guaranteed gold 5s_„u._^#_ua4.1970
Guaranteed gold 4%s"_____"_j._„1955

89-'.; *15$

95.

Elec

Soucnern

Guaranteed

V

\

91

9i;V

■

' -AY

.

102

91

'

103 Va

101%

..

.

106 %

107Va 107%

Af-N

1934
1952
1955

Canadian National gold 4%s

21%

v

F-A

.■

7

v

■'y '. 1

'

70%

65%
no

18 Va

11

30

;

52%

106%
•

64%

11%
11

J-D

....

—

101A 101 iV
110 Va llOVa

J-D

1957

5s

Terra Bldgs 5s

Bush

5

12

Y

68

..

''' •::

%

100%

-41%

•

8

at

1st 4s

Consolidated

2

12

^*16%

M-n

36

61

66%

35

(interest

tBurlington Cedar Rap & Nor—
§ A 1st & coll 5S-_
A Certificates of
deposits

40 3A

A/'

—

:

105
100

^

1947) due

to May 1,

3%

117

108%

*106%
t

105

83 34

520

70

108

F-A

'

.

79%

63%

70

M-S

:—

modified

Stamped

I
f.

"39%

30'

1

1979
1979
3% -4 Va-4
extl conv
1978
4-4V4-4Vis extl readjustment—1978
3%s extl readjustment
1984
AWarsaw (City) external 7s
1958
A4 '/as assented—
1958
External

44

33

39%

*35%

;

66%

M-N

readjustment
conversion

External

43 Va

43 %

37%

A-O

($ bonds of 1937) —

3%s-4-4%8

39

39%

3-J

1964

Uruguay

,43%
¥50

3%s—.——

f

s

f debentures

92 Va

96%

y

•

92

69%

78%
108

>

107%

101
5.

'

99% 100%

100

M-S

1969
1969
Buffalo Gen Elec 4%s B
1981
Buffalo Niag Elec 3%s series C—1967
mtge

Gen
4s s

43 5A

ref (>s series A_

&

Bush Terminal

.1948
.1960

'AExternal sink fund 6s—

A

•

50

38%

A'Ay/A

•40%

J-J

1955

s f 5%s
Republic) extl 8s
A External sink fund 6s—

Sydney (City 1

"3

46

•43

3-J

1962
1958
1958

extl.
(Prov of) extl 7s
B

series

lien

Buffalo Rochester & Pgh Ry—

US

Serbs Croats <u Slovenes (Kingdom)—
A 8s secured
external
1962
A 7s

Bklyn Edison cons M 3%s

40 Va

*104

Af-N

tABoston & N Y Air L

44 V8

30

43%

45 V2

3-J

1940

7s

*2

.45%.

.

•

-

1947

1st 4s

93%

1st

1968

Stamped pursuant to Plan A
(Int reduced to 2%)-——2012

1955
1966
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 1st cons gold 5s_1945

-

6

104% 105
•105V4

A-O
J-J
M-N
F-A
Af-N
F-A
Af-N

35 Va

.37%; 37%.,

Af-N

gold 4%s series JJ__
—_1961
1st mtge 4s series RR—*„•
1960
AInc mtge 4VaS ser A-i..
July 1970 v:.

81%

3

106% 106%""'

106%

104%

104%

•

e

107%

101%

4

104%

104

M-S
M-N

1st,

42%

,

"

44%

•42

Af-N

34

91

90%

Af-S

—1956

loan

1st 5s A C

105'/a

*106% 107%

J-J
F-A
F-A

1959
I960
1965
1967
1955

1st M 5s series II

t

.

41%

♦39%

J'D

3-J

extl

AV«

43%

34

12

40%

Boston & Maine

1950

external

36

40%

M-N

Stamped pursuant to Plan A
(Int reduced to 2.5% )— —1999

.

40

•__

Corporation—
Consol mtge 3%s series F
Consol mtge 3s series G
Consol mtge 3V4S series H
Steel

Bethlehem

40%

34%

36

J-D

J-3

A8s

37

36%

36%

Plan

2% )_

to

J-D

29

97

105%

116%

deposit
Ohio

&

4s

109

M-N

i_1950

Corp 5s w w

1st gtd gold 4s

F-A

1981

109

109

r-A

:

52

•79

.—

110%

104%

•105% 106%

107%
'

78%

"

Industrial Companies

and

Railroad

Celanese

JAbitibi Power & Paper—

AStamped '
coll tr gold 4s

Adams Express

Coll trust 4s Of 1907

Alabama

1st

Power

109

103% 103%
104% 104 Va

1948
—.1948

A-O

*102'A

Am

.1954
1998

I G Chem

Amer

conv

American Telephone & Telegraph
3 %s, debentures

debentures

3s
Am

Co

Tobacco

Amer

F-A

A

(Del)—

Co

mtge

3 Vis

series E

•

■

A-O

Sarrtw!; FeM-§ • A $ y
4s——.—^jLA_JL_JtJLi99b
Adjustment gold 4s
1995

Atchison

AO

Stamped
Conv

of

Conv 4s

Conv

Knox &
&

1st

Air

Atlantic

Coast

General
N

1st

unified

coll

cons

4V2s

gold 4s

Oct

Atlantic & Danville Ry 1st 4s

Second

mortgage

4s

_

Atlantic Refining deb 3s
For

footnotes

J-D

—.1964

see

page




1952

1948
194R

__1953
128.

100%

"M-N

140% 140%

132 Va

140%

105

105

105%".

105%

109%

105

104

105

104%

109

103%

103%

*128%

1989

J-J

•124% 126 Va

1949

A-O

1958

J-J

2d consol

cons

1996

gold 4s

gold 4s,

Chicago Burlington &

1st &

111%

111
108

ref

&

Chicago
->

.1977

RR—
(conv)

Eastern 111

..

•

F-A

107%

Chicago Gt West 1st 4s series A
AGen Inc mtge 4%s

90%

1061/4

tChicago

69

100%

ARefunding

89%

106%

ARefunding

Ind

&

Louisville

1982
1988
2038

J-J

254
1

46

47%

25

3-J

46

40

46

27
1

37

331/2
103

48 %

40%
105%

gold

5s

A

1st

&

gen

& gen

5s series

6s series

111% 111%

5

113

112% 113%

44

105

104'/a 105

.

_.___1947
series B
1947
C
.1947
A
1966
B_____May 1966

61%

65%
<

.

353

66%

*130Va 132

Af-N
J-J

93

90%

- -

68%

74

85 Va

88 %

80%

84

3-J
3-J
Af-N

;

"87%
82 3A:

36

112%

84%

113 %

48

63%
130

20

.

'

:

"

93%

61

"y

76%
47

69 %

87

50

85

132

47%

80

45

76

77

75%

78%

134

16%-

15%

18

331

10%

15 %

18%

109

10%

16

'"

J-J

124%

98

125q4

■

93

74

J-J

21%

16

Ry—

A__

ARefunding 4s series
A 1st

4.306

36

J-J

-

.

6s ser

120

.

1997

& Erie 1st gold 5s„._

104%
53

F-A

1974

mtge 3%s____.__

AGen mtge inc

Chicago

32

35%

121%' 128'/a

—

Quincy RR—

4s__™

1st & ref 4%s Rpries B

108

98% 100%

104% 104'A

140%',

J-J

1st

1111/4

109'/a

47%

US

-

'•

1989

Div

A

117

106Va

3-J

-

,

•103

&

1992

:

J-J

R

116

—

105% 105:%

"

101%
—'

1946

106 Va

*106% 107'A

106%

Af-S

w

■

109%

—

-

107

M-S

'"Ay:

1996

1
—

.

__

105% 106 Va

■

Af-N

Ref & impt M 3%s series E_.

,

General

*110

A

.

115V4

*110% 111%

July 1952

4s

104

130

M-N

.__j.i.l94»

A.

tACLlcago & Alton RR ref 3s

115% 115%

Ry-^-

99%

F-A

::

(Dec 29)

mtge 3%s D—

& impt

106%

*_..

-'A,
.

F-A

M-S
M-N
F-A

Ref

118%

J-D

1963

73%
95%

89

J-D

36

F-A

''

5%«

Prod

bonds

129% 130

J-D

Line

',t.

76 %
102 Va

*116

gold '5&i£

Charlotte

Called

103% 105 %

1960
X-1946

39

A

1949)^'—1974

Chesapeake & Ohio Ry—
General gold 4%s

112%

*110%

_

96%

.41

J-J

1987

to Aug 1

C'e»"t»in-tppd

100%
1151/4

23

J-D

mortgage 3%s

(4%%

44

M-N

1905

Nor

y

yy;.

——

1

'jfACentral RR & Banking 5s stmp.1942'

—

__1955

1909

gold 4s of 1910...

Atlanta

130

VA

ref series A

1st &
:

104'/a 104%

Nov

J995

——

of

registered

113% 114%

1131

J-J

1987
1987

4s

*/.<

-

AyA.107%.

J-J

Central Pacific 1st ref gtd gold,4s.l949
Guaranteed gold 5s
I960

105

107
63

3

Sl!li955

4s

gold 4s

registered

4s

105 %

100 Va

38

95

Topeka &

General

97

A-O

.1966

gtd 4s
i___1961
gold 5s_
__1987

Potts Creek Br 1st 4s

72

95

M-S

...1964

5s

A General

yy

J-J

"

1946

3%s_^

1st

17

161/2

..

J-D

gold 4s„1951

gold 5s.

Light

Eng

JACentral of N J gen

90

100%

•

7

70 ¥4

,

debenture?

1st

New

106

107% 110
A 10714 110%
-115% 125

39

95

*104%

Div

Illinois

jACerit

76

56

v.,

■

Central

102'/a
101 1

4.;

125

115% 115%

A Mobile

101 Va

pur money

105%

-.89%

A-O

103 A

345

71

;

Af-S

'—M
—1978

.3.6

;

A-O

1959 K-i

86%

,

36

.,

^*

101% 101%.

Q-J

1959

5s series C___

Div

53

76 ""77

71

.

1

100% 100%

Jan

&

'

108%,.
,108%
V123%

123%

U-N

•1st

&

123

'

5%s series B

gen

67

125

;

103%

100%

1995
Memphis Ry Edge & Term 5s 1964

Income

L

108

,

101%

1967

7s

lst

108
-

gen

&

103%

•;

A-O
A-O

1975

Armour

At.l

108%.

97

1945

&

A Ref

."'103% 108%

i/v.' 5

U-S

196?

Wat Wks & Elec 6s series A

Ark &

108'A

3-D

103%

103%

A-O

,.1969

———

AAnglo-Chilean Nitrate deb
Arbor 1st gold 4s

Ann

Af-N

Co.—

3s

deb

96%

97

'

U-N

§ A Consol gold 5s

AChatt

101 %

•104% 104%

F-A

A Ref

100%

yf'152

90

*103% 105

Af-S

1961
.<.1966
—1956

—

89%

90

1945

110

101'
ms.

-

___Nov

106%

89%

/

•5.—:

107% 109%

109%

A-O

2030
.-1949

5%s__

•3%s debentures
3is conv debentures

A-O

1951

Foreign Pow deb 5s

&

V

mtge 5s

104%

89% T02%

3

—:

A 1st

J04

104%

.

*

.

107%

A-O

1946

registered.:

3%s

Allegheny Corp 3%s sec conv
Alleghany & West 1st gtd 4s..
Allied Stores Corp 4V2S debs—

J-D

r

103%' 106

104% 104%

3-J

1948

gold 4s

103 V'a

__

*100%

A-O

*

tCentral of Georgia Ry—t

103 %
'

1

100% 100%

Albany & Susquehanna RR 3Vis.—1946

A Cent

104%

100 Va

,

A

•

*106% 108

J-J

112%

103

—

*103%

J-D

U-N
A-O

Albany Perfor Wrap Pap 6s
6s with warrants assented

y

.

:

f-a

Branch U P 1st

3-J

1962
1955

.

■

1946

141%

68%

74'

98%

*104% 105 Va

Af-S

ly67
3Vis——1972

mtge

98 Va

J-D

1947

—

10-year deb 4%s stamped
Great Southern 3%s

Alabama

*140
x973/a

j-d

1953
1953
1948

A plain

series

§A5s

Corp 3%s debs
Celot.ex Corp 3%s debs.

18

16 Va

THE COMMERCIAL &

126

YORK BOND RECORD

NEW

JAN. 5

RANGE FOR WEEK ENDING

BONDS

Last

Interest

New York Stock Exchange
•

"•

-

'

•

'

.

-J '>

.

,

*•'

K:

& St Paul—
-May
AGen gold 3V2S series B__May
AGen 4V2S series C
May
AGen 4'fts series E
May
AGen 43fts series F
May
{Chic Milw St Paul & Pac RR—
AMtge gold 5s series A
AConv adjustment 5s
Jan

{Chicago Milwaukee
AGen 4s series A

%

15%

20

93

933%

277

74%

94//

P8.ft

J.J
j-j
j-j
j-j

88%

90

64

69'/#

89%

763ft

96 ft

39

76 V2

96 ft

tAFlorida Cent <5^ Peninsular j3s—.1,943
Certificates of deposit,/—i——-

22

773%

97%

{Florida East Coast 1st 4 Vis

—

95 ft

J-J

%

96 ft

96%

96

96 ft
98

96%

F-A

71%

1 2000

A-O

19

17 ft

paid

7,332

& West

1st

mtge

1st

inc

98%

101

55%

56ft

,1949

Cbrp—

58

66

42%

1

57

1

58 %

103

*103%

103ft

104

1949

Castings 5 Vis__

Steel

J-D
M-S

•

Grays Point Term 1st gtd'5s
Great Northern. Ry Co—

89

.

.

91

General 5V2S series B

98

General 5s series C———,—1973

:

105

;

64%

741/4

101%

106 ft

22 ft

*40

92'ft
92'ft

14

-_

59%

84%

General 4fts series D

80

General 4fts series E

——1977

1952

a-O
A-O
Af-N

1966
1967

t'-A
J-D

..1969
1974

p-A
F-A

108

102%

108

,/ 14

100ft

102%

'■

'

108%

106

;:

106

106 V4
r9i ;,/>

r91

90ft

—

/.

111%
105'ft

128'ft

15

128% 128%

J-J

121ft

J--

"

■

-1946
Gen mtge 3%S. Series 1/—
-1967
AGreen Bay At West deb ctfs A-.,.—.

J

110%

59

ctfs

A Debentures

'

121% 121'ft

.

110% 110%

100

1203#

Greyhound

92ft

Gult Mobile At Ohio 4s series B

78 ft.

-1959

Corp 3s debs,—

102 ft

122

101

103%

91

106'ft

1—2015

3%s series D—

1969

Gulf

112%

Quit States Utll 3 fta series D__—1969

Horking Valley Ry 1st 4fts

1999
1937

J-J
M-N

1954 '

Af-N

1962

J-D

102

102%

86

1003%

107%

13

88%

107%

99 ft

110%

98 ft

■

J-J

1952

98%

.J

10134

66

98 ft
98

98

3

109%

91

97%

60

-.

98%

98%
*108

,

111%

110

/

102'%

107

A1 Ship Island RR—
& ref Term M 5s stpd

A-O

102%
89%

5 V:

7

98

Jf-N

1st

ref

17

103%

14

92

'

72

■

' .,11 ft

25

15%

90

111%

&

65

80

14'ft

101'ft 101%

109%

1st

33

103'ft 103ft

111

iv:,; —

*70%

«

109 %

■\*iii/ /

105%
15%

106 Va

13

40

■

105ft 105%

A-O
J-J
J-J

1970

mtge inc 5s series A

Gen

.

r,

•-■

112'/#

08 ft

47

;

<

119 ft 120 ft
■.

—Feb

B—

92%

V2

J-J
*J-J
J-J
Feb

Gen mtge 4s series H

109

,;V 53

I

1948

General mtge 4s series

108

55

1

-

*106'% 106%

—-

,

:

18

80

107ft 107%

1073%

104

1043%

7"
2

91

80

90ft

,

—

V

-_

9

102ft 102ft
102% 102%

:

;

1023%

j-j
M-S

cons 5s
3%s

120ft

5
10

119% 120

J-J

—1976

59

79

86

84 ft

86

J-J
J-J

1957

101 'ft

f

J-J
'

90

107ft

101ft

'

*102%

89

80

104%

1043/4 105

105

J-D

1952

38

48

6

90

J-D

34

;

—

91%

v'

: '

40%

''"r

—-.vj?

*40

J-J

57
12

.72%

105... 105%

r

tS

1947
. ./

72%

71%

71%

J-J
"J-J

'

1943

104 Va

97%

104

'

—

5s

60

42

.

64 Vi

17

94 Vi

94%

J-D
M-N

/,__^-_1969

debs—

.

101%

84

"87 Vs

1952
-1962

23,4s ser G_

1st mtge

90ft

14

1

3 fts
Union Terminal—
gtd 33/eS series E

mtge

Cincinnati

6

"91

2%s ser G
Indiana com 4s
series D

t A Choctaw Ok & Gulf
Cincinnati Gas & Elec

57 Vi

7%

84

& ref 4V4S

{§ AChilds Co deb
§ A Debenture 5s

39 ft

& Utilities

Realty

conv

fAGeorgia & Ala Ry 5s
;_Oct1 1945 ■
v Certificates of. deposit---™.
——
ISiiGa Caro & Nor 1st ext 6s_,,,_1934 *
Certificates of deposit-/
Goodrich (B F; 1st 4%F^—1956

51%

102

102

J-D
M-S

—1963
————-1963

mtge

1st

79 ft

ft/

2.917

16 Vi

13%

16

J-D
J-D
J-D

Union Station—
mtge 3 VaS series F

1st

84 ft

36 ft

59

ACertificates of deposit

Chic

61 Vi

1.111

52 ft

56 %

Chicago
1st

4s

81

186

50

59

M-S
Af-N

6s_,_„,1950

Gas At Elec of Berg Co cohs 5s

63

219

84

51%

'•(; a-O

gold 4s
1951
& Southeastern 1st 5s—1960
guaranteed 5s
Dec 1 1960

Income

83

84

116%

1

57

*

Gen

J-J

Memphis Div 1st
Chic T H

v

83 ft

104

67

F-A

1951

3.fts

Gold

;__

116%

100

100

Af-S

1974
k

General

/'.v
*68%

of

Certificates

134

__

*116%
J-D

—1959
;

104'%

114

*116%.

106

102

103 ft

*103

1

102

14

105r

/ 105

105%

Af-N

J-j

104

102'ft

"5

103% 103'%

103%

High.

107

63%
103

/•

,

*104

,

.

Island & Pacific Ry—•
1988

'

•

17%

1013%

668

85%

82%

85

j-j
j-j

deposit—..,
lARefunding gold 4s—_
1934
§ASecured 4fts series A
1952
AConv gold 4 fts.
-I960
Chicago St L & New Orleans 5s
1951
a

Af-N

1961

.1958

—•

ACertificates of deposit—i,—
Food Machinery Corp 3s debs;..—.1956

70

11%

26

104% 105

1043%

J-J
J-J

1927

_

Fllntkote Co 3s debs

Francisco Sugar coll trust

45 ft

2.305

19 ft

69

North Western Ry—
mtge 4s ser A
1989
conv income 4 fts
1999
Des Plaines Valley Div 4s
1969
Sioux City & Pacific Div 4s—.—1969
JjaChicago Railways 1st 5s stpd
part

Firestone Tire At Rub 3s deb,-

A.1st & ref 5s series A—'

72%

1975

mtge

{Chicago Rock
AGeneral 4s

Year 1944
Luw

'

1st & gen

25%

:

429

Sold

No.

UiQh

105

£

15%

Chicago &
2nd

87

low

Range for

Bonds

or Friday's
Bid & Asked

v/ Last
Sale Price

vPeriod

High

low

No.

Hiah

Week's Range

Friday
;

Interest

Exchange

Stock

York

New

Range for
Year 1941

Sold

93 Vi

j-j

1 1989
1 1989
11089
1 1089
11989

Bonds

Friday's

Low

1956

tnri & £au 50-year 4s

Chicago

'

r

or

Bid & Asked

ile Price

Period

BOND a

Week's Range

Friday

Monday, January 8, 1945

FINANCIAL CHRONICLE

H
& St Louis Ry—

Cleve Cin Chic

1993
1993
1977
1991
1990
1970

gold 4s
General 5s series B
Ref & impt 4fts series E
Cin Wab & M Div 1st 4s
St L Div 1st coll tr gold 4s
Cleveland Elec Ilium 3s
General

J-D
J-D
J-J
; J-J
M-JV
J-J

;

Series

C

D

—1950

3'/2 s gtd
3Vis gtd
_
Line 1st gtd 4'fts
Cleve Union Term gtd 5Vis—
1st s f 5s series B gtd
1st s f 4Vis series C

1961
1972
1973
1977

gtd 4s
1945
Colo Fuel & Iron 5s inc mtge
1970
Colorado & Southern Ry.—
4Vis (stamped modified)
1980
Columbia G & E deb 5s
May 1952
Debenture 5s—

1st

1st
1st
1st

-,6^*113%

117;/

117.:/;

116

105ft

75

105Vi 105ft
*

59

*75

112ft

/#'

109

102%

(

108

,

105ft

4

103ft
45Vi

61

T«

16

61ft,

Div

M-N

*

1968
—,1950

J

—,1951

111ft

4

101%
95 ft

1031/#

1st gold

4s„^

97 ft

101

A-O

89 ft

*95%-

v..

v

'

85 ft

88 ft

J-D

84 'ft

■

/

Z

87'ft
99

78 ft

99

57%

.

86 3 4

/

;

77ft

71

J-J

64

J-J
A-O
J-J
Af-8
Af-N
J-J

series

Alst gold

1953

B_.

—1956

5s series C,—-—'

EI deb 6s—_—.1^44 ■
Internal Paper 5s. series A Ai B—.1947
§AInternat Hydro

80ft

Int Rys Cent Amer 1st 5s B—

11

41

65

Int Telep Si Teleg

59

68 ft

39

53

59

52

.-1972

deb gold 4fts_—1952
—1955

JAIowa Cent Ry 1st Si ref 4s_

1951

1959

68

72

29%

34%

1,455

16%

62

65

68

43%

61

64%

64

65

17

43%

61'ft

77'/#

74'%

77 ft

>

V4

104%

/; 107% 108 '/4
*100

97

95 ft

99%

.99

J-D

5

/:/5

56

187

104% 104%

107%

Af-S

5s

107%

47 ft

128

66%

34

F-A

Debentures

111

1043ft

;/ w.

62

40

1955

Ref sink fund 6s series A

-

1053ft
74

44

40

-'--Y

i' y

110%

J-J
A-O

5s

V.:

98 ft

76

77ft

81 ft

52%
'

mv-

^International Great NortlseSh RR—V
Alst 6s series A
—1952
AAdjustment 0s series A_.,July 1952

54 ft

100

....

-5/.

.

82

67'ft
99

6

99%

99ft

85

65

8

.■

94 ft

59 ft

3

*106-106%

63

101ft

101

82'ft

89 ft

J-J
J-J
F-A

;

72 ,-K

33

83 ft

82%

C.

97'ft

83'ft

*111

46

51

*49

—

95'ft

83 ft

r

79% •99

.

—

A-O

38%

~4

78

101

::97

'

5

103% 103%

*96%

J-J

Ry 3%« sejr B.1986 '

17

//;

98 ft

"

James FrankI Si Clear 1st 4s.„

71

'48'ft

-M v:

Af-S

103%

5

52

82'ft

Inland Steel 1st rritge 3s series F-,1961

Alst

53 ft

86%

259
539

99

77%

J-J

108

51

96 'ft

tAInd Aj Louisville 1st gtd 4k—.—1956

109 ft

*68

.98 %

212

1061/4

72

8 6'ft

60 ft

67'ft

30

*105%

112

85 ft

58

206

88ft

Z

J-J

11

52

:ft;

87

86

1950

107 Vi 107 Vi
*107% 109

J-D

92

.82%

F-A
"J-D
J-J

3s,

4s ser D

Indianapolis Union

-—

60%

334

109%

*69

92%

288

85%
88

M-N

,—1958

62ft

90%; 94

'93 ft

J-J

'

;

53

84%

104 ft
107%

51

'

1953

70

93

90 ft

89%

8

49 ft

1952
"

75

*-.

92 ft

M-N

_,_J955
3 ft8™

gold 4s_—_

100 "ft

64

77ft

60 ft

*83

/• A-O

100%

965/8

'

81%

46 ft

51

Jf-S

1952

97'ft

1'

100% 100 ft
-

77ft

6

3

103%
102

*100%

A-O

J-D

Ina 111 61 Iowa

57%
49%

•

J-D

*

57%

■

—

—1963

60

48%

1951
1951

*103

Joint 1st ref 5s series A_i,
,',1963
1st & ref 4fts .series O—r—,1963

45 ft

49%

101%
100

102% 103%

103 ft

J-J
J-J

111 Cent and Chic St L Ai N O-

1st ref mtge

—

J-J

^—1951

1st gold

:

103

35

gold 4sl

lines

60

102% 102%

26%

:r Gold 3fts—•
1951
8pringfield Div 1st gold 3fts,—_1951 "
Western Lines 1st gold 4S
,1951

109%

13

103

327

,—1951 ' v/Z F-A
Bb. Louis Div & Term gold 3s_,^,1051
J-J

105 ft

102%

11

*1081/8

34%

gold 3fts

trust

104% 104%
.

33 ft

Louisville Div 61 Term gold 3 ft6,1953

■

114ft

60

107%

34

Litchfield Div 4st gold 3s__-

111

60 ft

60

72%

A-O

: 76

*75

"■

'■

,

40-year <4%s_Z_:—;
Cairo Bridge gold 4s

114

105%

60

104 ft

55a/«

"].) Refunding 5s——

109% 116ft

104% 105 ft

61

197

2%s series A—-1981

trust

Purchased
Collateral

16

105% 106

69%

Refunding 4s__*

106 ft

1051/4

GO ft

68

—,1951

1st

1061/4

113ft
10

69%

gold -3s sterling

Omaha

*._•

F-A

'3 ft S.J

103%

2

107% 107%

J-D

1953

963%

1st

l'**y 'V.t \ r :

104%

—

.

Extended

113%

103% 103 ft

J-J

1940

103

v108 % llOVi

—

117%

115%

M-N

1957

A

1st gold 4s

__

109ft'V. 109% 109 Vi

5s

Illinois Central RR—

1C2 ft

13

*102% 103

—

1946

Illinois Bell Telep

103%

108%

*107ft

:-f

—

274

82

75

56

185

76 ft

110

106

83

103%

103% 104

1053,4

107%

1063%

102

*103

96 ft

85%
102

—Feb 1957

1st

income 5s

75 ft

50

72 ft

76

139 ft

130%

1
149

96'ft

95

102% 102%

M:-.

„

140 ft

140

96 ft
•

1949

gold 5s

84

149

140 -1
••

'v

__

74 ft

82

1st

Gas

95

37

.

97% 100

103%

J-D

1952

107

f 5s series A

s

Manhattan

Collateral

Af-N v:Z\;;
M-N
l/L-N
M-JV

1942

A

.:

104%

103

99 ft

J-J
J-J

Ry 1st 5Vis
Deposit receipts
ACuba RR 1st 5s gold
A Deposit
receipts
A7Vis series A extended to
A Deposit
receipts—
■y
A6s series B extended to
.ADeposit receipts
Curtis Publishing Co 3s deb

105 ft 106

A-O
J-D

IACuba Northern

&

1st gold

J-J

1950
1955

Co

Hudson

1st

921%

106%

106

*100%

A-O
A-O
J-J
J-D

2 Vis s f 0ebs
Crucible Steel 3 Vis s f debs
Crane Co

Hudson

108%

107%

o/)'.
9

104 ft

1956 •:

3V2S
mtge 3 Vis
mtge 3Vis
mtge 3Vis

Hudson Coal

102

82

Ry cons gold 5s

Oil 4 %s debs

106%

14

106

Power Co—

mtge

./

1

17

109 ft 109%

106

1965
1070
1966
1969

4s

ADebenture
Consumers

■■

107
•

J-J ;.;//■
F-A
J-J
F-A

1956
3Vis debentures
1958
Consolidated Oil conv deb 3 Vis,-—1951
{AConsol Ry non-conv deb 4s
1954
ADebenture 4s
—1955

108 % 108%

1093/4

A-O
M-S ' i
F-A

debentures

80

Houston

A AdJ

Af-N

V 1st extl gold 4s—1948
Columbus & Sou Ohio El 3 Vis
-1970
Columbus & Tol 1st extl 4s
1953
Commonwealth Edison Co—
Conv debs 3 Vis
—1958
1st mtge
3Vis series L_
—1977
Conn Ky 61 L 1st Hi ret 4Vis——1951
Conn River Power s f 3%s A
1961
Consolidated Edison of New York—
3Vis debentures
1948

53=8

V

88

107

108 3/8

J-J

Columbus & H

81 ft

SO

.; 57%

18

//•v

1023% 1023/4

■V

Af-N

1961

.

539

88%

87

81 ft

J-D
A-O

Coal River Ry 1st

ft i?

102%

M-N
F-A
A-O
A-O
A-O
A-O

1948

Series

Cleve Short

3Vis

88

Pittsburgh RR—

Cleveland &

*110%—-

—I

AHousatonic

105',#

105

■

16

109 ft

97 %

—

97%

191

5%

l.y«

96 34

77 ft

h.

H

•>:

102

74 ft

135

V

100

77 ft

103

10

Z

-

30'ft

100%
5'ft

3

J

102%

Jones

Si Laughlin

95%

J-J

Steel 3%s—_—1961

103%

9

29

58%

28

96

103% 104

953ft

104

96%

98%

102

K
L 1st mtge 3s
1970
Union Ry 3Vis series B—1065
Delaware & Hudson 4s extended—1963
Delaware Power & Light 3s
1973
{Denver & Rio Grande RR—
§ A 1st consol 4s
1936
SAConsoi gold 4Vis
1936
{Denver & Rio Grande Western RR—

J-J
J-D

Dayton P As
Dayton

A Assented

j
■

1978

impt 5s series B

A Ref &

;

V;

■'

'

276
18

105

106 ft

45

62 ft

65 ft

348

63 ft

66V4

45

;;

6%

A-O

99 ft

79 ft

100
106

61ft

60

103V2

99

6%

F-A

108%

106

99%
—

66%

F-A

105%
IO31/2

*

65 ft

J-J
J-J

1955

AGeneral s f 5s
.•

Af-N
A-O

.

——'

16

1073%

107 %

'v
—

434

a.

57

184

7
6%

4%
.

60

:'
-

63%

46;

8

4%
3ft

6ft

44

40%

57%

"

Ry.
Edison 4s series F

See Chic

Detroit

&

Gen

& N'western

mtge 3Vis series

rel

1965
G—1966

J-D

1995

1995
1961
Dow Chemical deb 2Vis
1950
Dul Miss & Iron Range Ry 3Vis—1962
{§ ADul Sou Shore & Atl gold 5s—1937
Duquesne Light 1st M 3Vis
1965
■

-

A

Second

I

-

& Tunnel

:

Egst Tenn Va & Ga Div 1st 5s
Ed El 111 (NY) 1st cons gold 5s

106%

J-D
Af-N
M-S
A-O
•.

E

24 ft

47

12

104%

111

\ j. fcV

,110
1481/4

1011/4

*102% 103

Ohio

D<v

1st

mtge

For footnotes

see

3 Vis

page




128.

1995

J-J

2015
1964

J-J
A-O

1971

1st cons M 4s series B_
,Gen mtge inc 4Vis series A
1st cons mtge 3 Vis ser E

M-S

-

—

Coll

106

150%

Alst

103'ft
106%

Ltd—

mtge income

92

105%

1

80

106%

Lehigh Valley Coal Co—
1st & ref sink fund 5s_"

873/4

99% 103'ft

105%

'

"

64 ft

8

102V8 102%
*100

101%

158

92

119
69

103

102

1

65 ft

lOl'ft
102

90 ft

109

__

__

4ft

109 ft

109

*108% 110
102% 103'%
*103

175'ft

107'ft

1

109

94%

172ft

*99

104ft

103

1021/4

105 ft

3%

2

4ft

110'ft

102%

9
•;.7

5ft

1063/4
88

102%
107

1st

&

5s
1st

•

stamped,,—,
ref sink,

fund 5s_;

stamped._■

& ref sink
ctomr>f»d

fund 5s.

.

99

100%

23

983ft

101

7

9874

105% 105%>?

9

93 ft

106'ft

1023% 102%

5

89 ft

101%

*100

100ft

;

.

V

.100 ft 101%

J-D
Dec
J-J

101

100ft 101

57

50

"57

;

105

105

!T04

J-J

105%

105

1Q.7

1965

A-O
M-S

1954
1954
1964
——,1964
1974

F-A
F-A

10

•

1974

993%

99%

67

106

97

7

*86

—

99 =

47 ft

101'ft

9 7'ft

13

*78

F-A

,

105 ft

100'ft

*99 ft

Lehieh h

105% 105ft

96

114%

98

1945

Lehigh & New Eng RR 4s k__._
m Y 1st-gtd gold 4s

82 ft

5s

105Vi

93'ft

72%

91 ft

*109

A-O
F-A
F-A
J-D

1975

reg—

*

2

3

89 ft

69%

*101

<

Lehigh Coal & Nav s I 4 fts A
—1954
Cons sink fund 4 fts series C„
1954

5

22

/

extd 5s

ref .5fts series C—

&

1053% 106%

102% 103

71%

*103%

-

1945
—1953
Coll Si ref 5 fts-series D..
—I960
Lake Sh & Mich Sou gold 3fts
1997
3 fts registered,
1997

Laclede Gas Light

106ft 106 ft

J-J

2

53

51%

65 ft

-

116%

Eyie Railroad Co—
,

—

V#'

90%

116

94'%
97

*118 5/8

1961
J-J
1961 Vf'. J-J
4 'fts
unguaranteed
—1961
J-J
Kings County El L & P 6s_
.—1997 •
A-O
Kings Co Lighting 1st 5s:
—1954
J-J
1st & rpf
1°R4
J-J
Koppers.Co 1st mtge
—-1964
A-O
Kresge Foundation 3% notes,——1950
Af-S
tAKreuger St Toll 5s ctfs
1959
Af-S
Plain

IO51/2 106

106%

81

93%

93%

94%

72 ft

108%

43

—

Z/
23

83 34

103 Vi

46 ft

*150 ft —

1965
1962

Empire Gas & Fuel 3 Vis

106 ft

—

—

82%
81

i.

A-O
;J-J
J-J
J-J

Stamped

■,

Laul.aro Nitrate Co

J-DAf-8

stamped

102

54
34

106Vi

*116%

*102'/#

833/4

109%

45

J-J

A-O
A-O

98 V#

106

M-N

1965

5s

25

29

„

1958

1950
1970

111 1/4

107V4

41

29

1995 *

Elgin Joliet & East Ry 3 Vis

111ft

107%

50

*108%

106%
104%

110ft 100 ft
*102 ft

106

El Paso & S W 1st 5s

EJec Auto-Lite 2%s debs

17

106 ft

*27

110ft

46 ft

J-J
J-J

Z'zS'

106
*47

J-D

.

4Vis

106% 106%
*107%

M-S

gold 4s

Tenn

Detroit

106 Vi

A-O

1970

jGen & ref 3s series H—
Detroit & Mackinac 1st lien gold 4s

A-O

4

Plaines Valley Ry—

Des

A-O

.

'

1.101

T ■:

gold 4s—1990
{Kansas City Fort Scott &. Mem Ry—
;.§ARefunding gtd 4s
1936
1
ACertificates of-deposit
!
—-T
Kansas City Southern Ry 1st 3s
1950
Ref & impt 5s,.
Apr 1950
Kentucky Central gold 4s__
1987
Kentucky & lad Term 4fts
,1961
KanawhA 81 Mich 1st gtd

__

95

8

100

86
84

*993% 100

1043ft

99%
ft

100

'

90 ft

89

71

89

11

93

1

65%

91ft

70

90%

88

65

90%

'

BOND RECORD

YORK

NEW

JAN. 5

BANGS FOR WEEK ENDING

o

it

Week's Range

Friday

BONDS

Interest

Last

Period

Exchangr

Stock

Vork

New

Sale Price

Week's Range

Friday

&

Exchanr*

Last

Interest

'

or

Valley

Lehigh

V 4%s ext

N

J-J

.1950

M.A-t,

•*;hm

A

.icllCb

*v

nvn

stamped

4s

3s

<v

Louisville

Gas

A-

.hi

&,

rei

V\ 1st

&

rel

4%s

1st

&

rel

4b

mtge
&

,

*

South

A-O
J-J

Atl

Central

Maine

A-O

i

2003

A-O

*102%

F-A

•'■MS
M-S

central—
& Sug 3 Vis

99%

107 Vg

3

ri05%

107%
104%

;

94%

73
83

68%

*49

& Texas

Kansas

•

45V4

60 %

1948

-

250

50'4

68 %

82

94

16%

31%

AOonv- Qeb

6s.-

1927

1st

Y

Rys prior hen
8f"am

Corp

100

3

I

103%

J-J

99

M-S

108

106

"

t.nclr

61

/

Southern Ry

95%

10

7514
7%

Q-F

*5%

Central

Ry

1st

& ref

gen

eold

34

54

32

26

32

100

15

26

19%

504

3%

6

J-J

J-J

\

32

107

J-J

93%

A-O

49%

103%

29

79%

263

61%

&

inint

6s

&

impt

.1961 '

ft

impt 5s

series

States

Power

series

" F-A

AGeneral

4s

5s

A 1st

&

rei

A 1st

&

rei

1974

&

'

;_2047

"

■

:

2047

I>

86

93

64%

1st

107

53%

—

74%

77%

15

A-O

74%

69%

75 V4

266

39 %

37

40

76%

74

76%

74

76%

■■'72%

40

105%

87

92

73 '4

51

97

9314

}

97

61'4

88%

80%

104%

42

;

67%

94%

-

93 %

69'4

269
484

•J

103% 105

■'.!

97

97

\
'

46

67%

94%

1

105%

110%

—_—1974
1964

105% 105%

105%

F-A
F-A
Af-3

lOl'/a

99 Vi

102

*101

.

107

*108% 109

112'4

Ore

Gas

3%s

1st

1945

;

gold 4s_,

1946

104'A

2

104%

110%

106

106

102

104

"2

103%

105%

105 % 105%

2

105%

108%

104%

64

104% 105

105

108%

105%

*105% 107

J-J

'

111%

102%

103% .103%

J-J

___194fi

stnd.cnns 5s_'.l

108%

*101% 102

Af-N
>/ J-D
;

1946

gold 5s

cons

103%

J-D

___1966

1st- 5s

RR & Nav con

Short Lina

Guarant-ped

>

Elec

&

Transmission

15%

3

18

26 %

23%
108

J-J

M-S

25

237

108%

103% 103%

26

J-J

1974

3s

mtge

\\

Oregon-Washington RR 3s ser A..I960

A-O

%4-

22%

37%

471

56%

74%

165

56 %

1946

105

74%

V

Tel 3%s

acific Tel &
Ref

J-D

B__. .1966

series

100%

106

103%

23

106

110%

108%

108% 108%

4

107

111 1/4

105% 105Vi

■4

104

105 li 105%

4

103%

106%

4

108

110

*100% 110

,'k

kv:

-V;

■'

.:

\:,

,

•' ■'

17%

15%

18

16

.1955

J-J

7614

74%

76%

223

56%

74%

.1960

M-N

F-A

76

74

'76%

379

56%

74%

.1949

M-S

82%

9

60

2

104%

107

108

111%

111

11414
109

M-S

^

'.n>

F-A

80-

7

2,178

106% 107

-£;^:

9%

,

I

80%

.

*10814

A-O

108%

111% 111%

J-D

106%

3

105% 106 li

A-O

25

105%

96 %

1G

94%

96

100% 102

102

*101

M-N

J-D

70%

68 %

M-N

77/'

72

77

m

-

73

'136'

.

109%

109%' 109%

M-N

gold

112

108

111%

105

106

108%

109%

10

105 %

108%

1

108%

11014

106%

110%

108

y>:..y:k: !".'■■'

109% 110

*105%

J-J

*108

J-J

108 li

1974

M-N

A-O

...1970 '

C_

108%

k

F-A

1960
1965

106% 106'4

20

108

108 V4

6

107%

M-N

...May 1 1948 /

107% 108

N

/'

series

••:k' .7

107%

109%
109%

60

98%

107%

104% 105 Va

"k
'/?!

125

124% 125%

12

121

119%

J-D

118% 120

182

109

52

'

5s

kk

108% i'V

10614

F-A

;_1948 f

4s

sinking fund 4%s___,
4%s series A

115%

125 %

119%
128

_____.___1968

B

J-D

128

126®'a 128

1970
2981

A-O

103%.

103% 103 Vi

112

97

105%

A-O

119%

3 118% 119%

182

106

118%

gold 4%s

Debenture

...

106% 106%

F-A

General

General

—

1968

3%s series

mtge

Cons

116%

1969

debentures..

Gen

113%

D_!

f 4s sterl stpd dollar

112%

114%

3%s

ser

Power & Light

Ccnsoi

67%

43%
108

10.9%

3%s

105%

J-D

Pennsylvania RR—

47% •.•7214

•i

231

73%

66%
*108

J-D

'

ref

&

4V2s

69%

48%

181

71%

M-N

1st
Penna

106

101%

'

1981

1st & ref 4 %s series B_

;

96%

106

105%

*114

—

Af-N

Pennsylvania Ohio & Detroit RR—-

110%

110

*103

:

1952

108%

106 y4

*102

—

.....

Pennsylvania Co.1960

...

*108%

J-D

A-O

109

109

A-O

.3966

3%s series C

mtge

J-D

.1971

M 3s series K:

& ref

1st

J-D

.1970

ref mtge 3s series J

1st &

J-D

98

106%

J-D

Af-N

1968
.—1947

314s

1.355

'/

-76%

M-N

1955

Fuel Gas 1st gtd 5s

71

104%

•

J-J

.1967

JOgdensburg & Lake Champlain Ry—
§ A 1st guaranteed 4s
1948
Ohio Edison 1st mtge 3%s_______.1972

74%

76%

MS

.-—1965
1966

4V2a series B

States T & T

Mountain
Mutual

74 Va

56%

//.

76%

M-S

'

M

69

r-A :••!>.!

5? ext—._—1951
Morrell (John) & Co 3s debs—..—1958
Morr's & Essex 1st gtd 3lis—
2000
Constr M 5s series A—I
—1955
Constr

110

53

Co—

71%

70

77%

Tramways

Montreal

296

74%

36

82%

75

J-J

—

ref 3%s

1st A;

Power

76%

72 li

71

57

85 V*

J-J

1960

debewtures-—

6s

Montana

88 Vi

92

1966

4 lis

mtge

121'4

y 92%

84

75

3-J

1978

I—

series

,

9

-

19R5
1975
series F—L—1977
series G
1978

5s

:-■'

;

129

116
112

110%

1C1

76%

J-J

2047

125

'

—

134%

71'

J -J
'

48

129

11

134 Va

'

'J-J

2047

B

4814

40

106 Vi 106%

Q-A

"

34'4

*121%
110%

Q-J
Q-F

91

8214

''

■

174

Af-S
MS

1997
_Jan 2047
2047

A_^

mtge 2%s

Oregon

'86%

.56%

84'/2

—1001
Moh'k & Malone 1st gtd gold 4s—1991
Monongahela Ry 3'As series B_—1966
Monongahela W Penn Pub Seiv—
ref

&

A 1st

110%

87

50

47

*129

Q-J

-

1st & ref mtge 3I/2S

Oklahoma

105%

258

83%

gold 5lis
—1949
rei gold 5s serie3 H——1980

AConv
A 1st

5s

109%

1.06%

202

93%

89 %

13414

.1964

tMlssourl Pacific RR Co—
A 1st & rei 5s series A

106%

.'.!;/! 1 !'

107

*34%

■

o-A

4s__1997

5s series C..

1st

80%

100

84

A—Jan 1967

5s series

adjust

A Cum

37

18%

1,608

32%

30

*108%

A-O

95

111

O
*

6

77

1962

'

87
108

10

109% 110

M-S

14

7%

94

*9314
110

4s_1906

5s

registered.Gen lien ry & Id gold 3s
3s registered
:

1st

103

103

J-J

11%

19

F-A

A1074

Pacific Ry prior lien

(Wise). 1st mtge 3%s—

106

93%

78%

152

2014

RR;5s A.

Southern

Western

&

Ontario

103

109

58

1998 ;

Ai

4%s series

1214

12%

:

105

52 Va

105% 105%

1955 ;

inc..

mtge 5s conv

Northern

97%

98

106

6

57 Vi

74%

55

32

12%

105

1053'4

106% 108%

11

93

97%

111%

99%

77%

12%

MS

5%
75

105%

1

»

18%

3%
52

Co—.

4%s series

mtge

& Irhpt

105 %

74%

98

•

15

10514 105 7

/; M-N

1946
A

4s

100%

73

20

384

7914

9%

653

5%

74 3 '4

F-A

"

»„1966

53

1st

'; Ref

19%

95

99%
98%
107% 108

77%

pnw

Ont

to

Ref

101%

102%

18%

4%

17

5%

J-J

1967

Y'is

Ref

v;vv

98

A-O

1st

3%s—

66

107%

J-J

;_1943

B

series

Ref

J-D

'

•

102%

*105%

•;!

3%s

&r Bost

Power

1IO8

1TO8

18%

J-J

'
.*

•

1940

West

Northern

i

13%

102%

A-O
M-N

1937

gold 5s_—-

v/. Gen & ref 4%s series

.65

101%

1962
D——

:

85%

102%

*10014

M-N

1990
,

71%

92.

4 814

5

Af-N

1937

Falls

(Minni

M-S

—1991
;—1959

RR—

Telephone

AGen

101

3

59^

'

■

20

66%

J-D

1958

lstt

Mtnp

52

99 %

6 4'4

1963

gold 5s

'1st

50

66 %

62

.

M-8

3V28'.

4%sr

gord

Y

J-D..i

6s stamp

1st

9 A General
Y

1,159

1993
1965

cons

V

t§AN

62

32%

1955

Putnam

Niagara

92%

29%

1992

4s

4s

gtd 4s
Y Queens El Ll & Pow 3'is

N

69%

91%

32 %

1954

4s

A2d

67

92

1967

Port Chester— "

Y Ont & West ref gold
&

68%

M-N

1957

4s__

4%s series of

rel

61

J-J

A-O

1940

6s

trust

Debenture

Y

1

*12

!•

J-J

5s series A

Prior lien

k 40-year 4s series B
Prior lien 4'is series

62 %

82

'

99 Va

//!.;

J-J

RR. 1st 5s
1st 4s_.

Missouri-Kansas-Texas
»,

46%

62

Norfolk

3

A—.—1971

mtge 4s inc ser A—

t A Missouri-Illinois
Mo

265

69

5

J-D

i;

4%s inc ser

62%

62'

ATermirial

68%

104 '4 104 %

1939

mtge

59%

J-J

113

104%

F-A

^Minneapolis & St Louis RR—
A 1st & rel gold 4s
1949
HyARef /It pxt 50-yr 5s series A—1962
tMlnr. Ct Paul & Sault Ste Marie
1st

62 '4

•

106%

20

85 li

*101%

J-D

Gen

Af-N

1950

164-

143

73%:

'/ ■•;•:•! •■83^/;
*6i5/'n

A-O

1951

4%s

1956

112

102% 103 %

1940
tSAMilw & Northern 1st ext 4%s__3939
A?Consol ext

L_—

101'%

A-O

1st ext 5s

J

4s

certificates 3%S-

;

—

M-N

1952
Ref & imp! 4%s series C_——__ 1979
Michigan Cons Gas 1st mtge 31/2S-1969
N

detr

North

A-O

3Vis

of

ANoh-cOWV

Norfolk

M-N

J1955

:

Lans

A Midland

•'

—

A-O

gold

46%

r

„

*107%
*113%

J-D

Metropolitan Edison 1st mtge 2%s/1974
-vietrop Wat oew <a Drain oVis-— .1.1950
West Side El (Cliic)
4s__1938

1st

161

t§ANorfolk

tSAMet
Jack

62%

103

*101%

M-N

Stamped

Mieingan

60%

N

—

J-J

1947

L tis

deb

62%

'

-94%

'

1960

A

(Southern Lines) 4s

^rorps

J-J

N

9

100% 100 %

1959

vrrCror'

-

N

20

105% 105%

J-J

1955

ser

s

1955

N

107 '4
106%

>.

107'% 107%

107'/a

'

/■'

1952

4s

105% 106

M-N

Shovel

:

1st

108

4, 104

46

105% 106

M-S

SLeam

4s

AGeneral

-■102%

106

105%

4s sink iund__Feb1 1957
AManila Elec RR & Lt s f 5s——,-1953
Marion

deb

tAN

102%

,105%

33

105%' 106

105%

A-O
'

Sugar

AManila RR

ANou-conv

§ACollateral

110

-100%

A-O

2003

4s

4%s

RR

60%

A

M
Manati

60 Vi

45%

j§AN Y Susq & W 1st ref 5s_

1_

Div

45 34

61

j

105%

105

*100%

—-

monon

vine

10474 105 %

105

*105% 106%

C—2003

D.

58

61%

ADebenuure

104%

m- a

4s seres B ext———1960
Mem Div 4sl
.—1946

&

Knox

102

M-S

..2003

series

•

61%

59%

120%

93%

61%

59%

61%

v

107%

118%
23

91

46

61%

I a Harlem River

104

~2

V

55

A-O

A 1st

2

103% 103%

103%

60%

-

%

3

120

*119

62

1954

106
10

106% 106%

MS

Af-8
Af-3

1947

109

106% 107

M- 3

F-A

62

•

deb"3%S—i.

127%

104

'

r

1947

—

86

77

deb-3'/2S

122%

103%

107

deb-4s

Httfh

71

2

92

ANon-couv

83%

64%
123 %

-119%

9

FvR—

Har'.iord

41

Haven

Now-con v

*91 Vi

Low

■'-■•■■

87

86

87

A/-N

Af-N

No

ANon-conv

60%'

109

*106 >/2

1-1945

B

series

Joint

R.v

mi
Vkv
4

"109%

m- s

50%

3 42'A
c

84%

83

127% 127%
120% 121 '

M-N

;.1980
Montg 1st gold 4%S_"—-1945

Mob &

84%

A-O

Div 2d gold 3s—

St Louis

344.,

«

RR--

If 1st & rel 3%» 'series E
Unif

133

62%

A-O

*

Paducah

5314

59

—1966

airt'4s—

series

os

35

49%

46 %
55 %

New

V

51

38%

>'.788.::

6214

A-O

A—1969

series

3 '/as

Nashville

Louisville &
tai

5s

Elec

&

57

53 %.

1949

"tr-ciifV ('o

-*ei

53%

:

M-N

'

-1963

1st

rtrK

Louisiana

JN

33

56

i

4%s series B—

85

32%

1.205

50

5b %

M-N

1951

—

55

45%

\

49'/2

1949

..

(P1 Co deb 5s

debentures

64%

83

;

49

'

54 li

' •m-N

A.Htgs
1949

j

-

Island unified 4s
Guaranteed ret gold 4s

Long

Lonllard

5

Tobacco 5s——1951

Liggett & Myers,

85

81%

%'

84

•%

79%

1973
:_•.—1973 :

Lack & West 4s series A

N Y

.

..

Dtp*
•

A

f. ,r
■
•
4s
stamped mu<Jiliea___..._..__—2003
*'•'
4.s registered..-!
—_%.*
2003
3 ,<%s stamped
modilted:...
.....21)03
y.O
4%s registered--,--—
—2003
V; 5s stamped modified
— .V2003
Lehigh Valley Terminal Ry ext 5S.1951
Lex & Eastern 1st 50-yr 5s gtd___yi965
RR—

Vauuy

heiugn

Low
56.

132

81%

77%

81%

NO

Hioh

Low
F-A

u-1954

gtd 5s

Harbor Term

Val

Leh

Sold

W'OA

)'U>

Range for
Year 1944

Bonds

Friday's

Bid & Asked

Sale Price

Period

v.-'"''-

Year 1944

Sold

LiJ & Asked

u

.>

Stock

fork

New

Range for

Bonds

Friday's

or

127

FINANCIAL CHRONICLE

COMMERCIAL &

THE

161 ^ Number 4349

Volume

....

General 4%s series D__!

'

F-A

.1978
.I960

M-S

'

^

:-r'

A-O

.1965

10514

.105%

*103%

1945

J-J

1945

J-J

1952

J-D

1961

M-N

N

RR gtd

J Junction

1986

F-A

.1974

M-S

.1983

N

J-J

1st 4s.

1952

E

O & N

■

*■»'$:

106 %

Peoria

■'

'-'UlL ■'•'

•;•/.'

,

6

97%
96',■■■■'4

104% 104%

87%

114 %

117%

122%

126

70

73

87

84%

83

83

84

A-O

84

k

48

1954

1956

•F-A

1956

84%

A-O

F-A

vv;

5s

C_.

series

/K

84

V";-'

5

70 y«

89%

71%

u.

■
.

81%

.

A-O

85%

V

—

Newport & Cincinnati
,.

N

Ref

N

Y

J-J

&.'1mot
&

Cent

5s series

C±L—li—2013

3%8 registered—1—
1997
Shore coll gold 3lis—^1998

./

Lake

registered
—i^._1998
Mich Cent coll gold 3%S——11.1998 !
3%s

3%s
New

York

Ref

Ref

registered--—w-u.L_iillL„1998
Chicago & St Louis--''/'
■
series

5%s
4'is

4^1^—2—1974

A

—J«78

C—

series

N

Y

Connecting RR 3%s A

N

Y

Dock

N

1st

Y Edison
1st

lien

3%s

N Y Gas El Lt H

series

Y

Hi

Mtge
.

Mtge

Harlem

4s

A-O
A-O

E

1949

4s

For

J-D
F-A

2000

M-N

& Pow gold 5s—1948

gold 3%s

series

2043

A

2043

series B_

footnotes

see




•

'•■'4

•

page

,

128.

J-J
J-J

•

-

,

82%

107% 10714
—

109%

v

—

<—

1,768

£

85%

63;

-

-*

Series
Series

92%

'

■

49

3i

-69

%:

65

9;
,

:

Series

97%

78%

55

-

Series

:!83% lOY

57

.

86%

-

;

Gen

74%

63

:> 153
155
25
.

;

83

17

3

95%

104

•7814-100%
109 3

105%

1st 4 %

•

•

110%

104

100%

1011

11

101 %

101

81%

82%

389

38%

34

35%

448

82%
34%

*104

*102%

..*113%

gen

&

Ash

Pittston

r'jrtland
1st

5s

Co

Gen

inc

Elec

5* extend Ad

deb
1st

to

4%s

112%
114

113%
!

123%
12414

116%

128%

,

21

128% 128%
132% 132 %

5

16

100 % 100 %

1

J-D
^

115

122

123

123

105% 106 %

1948

F-A
J-D

116

131

105%

105%

4

102%

105%

1

101%

105

2

59%

86 Va .87

10

58%

87

37

58

105

105'%

105

105

•

—

!,

86%

—

v.

•

•

86

86%

87

86%
'

86%

*106

J-D

k_lP77

series C

5%

104Vi

112

—

132'4

1962
1974

1st 4s ser A

5s series B

104

104

112%

*123

•86

Young

102%

—

105%

MrN
J-D
J-D

1958

;

—

A-O
.

17

101%

'

123

19%

100 %

11

*114%

•

106'%

7%

6%

*103

*11214

A-O

Pitts

41

17

15%

101% 101%

__

36'4

105%

104%

106%

15%
*13%

82%

17%
104

*103% 104%

A-O

gen

-103

101

47

1959

4Vis series D

*

9

101% 101%

—I960

1st

111
' 108'/a

101%

series A

1950'
1950

109

1U1% 101%

series C

1st mtge 4%s

115%

104

s

;

132
127

105%

102% 102%

87

1st

109%
102

W Va

lit

113%

*108
108%
*109%
111 • 111

4%s

mtge

131

128%

A-O

Ch 1st mtge 3Vis—1964

<110%

106

*113% 114
109% 110

8

1st

101

104 %
107

121
29

J-D

.1975

82

103%

105%

101%

1st mtge 4 Vis series B

109%

105

Steel

22

53%
107

101%

102%

F-A
F-A
Af-N'

1975

1st mtge 4Vis series B
Pitts &

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

95%
87 %

7

56

10614 106%

F-A

1970
;

'kk

105

J-J

.

105%
204

1 00%

104

—

series R

mtge 3%s ser E

Pittsb Coke &

108%

87

5b

,

105% 105 li

82%

55%
2314

75

!>

55

100

104%

AP-S

1937

4s

mtge

0*>n

82%

/62%

f 4s

s

deposit

Gen mtge 5s series A_.

81%

,

of

guaranteed gold——1953
G 4s guaranteed
1957 .
H cons guaranteed 4s_—-1960
I cons 4lis
1963 '
J cons guaranteed 4%s
1964

Seri is F

; 86%

*56%

1st

Ry

Phillips Petroleum 2%s debs
1964
Pittsburgh Cine Chi & St Louis—
Series D 4s guaranteed
.1945
Series E 3%s gtd gold..
1949

100'/2

:•

1963

debentures

Vi

104% 105

105%

Af-N

Pitts

108% 108%
103% 103%

• ;

'

.7-59

1,071

86

107%'. 107% 108%
101%, - 100% 102
105%'
105% 106%
»

196?

ACertificates

!

10823
103%

C

;■

y 387

J-J
J-D
M-1V
M-iV

r

.

78

82%

79%
52

*106

*131%'133

1949

15 A Philippine

85%

lOO'/a

112%

*126

deb 6s

3s

86%

74 •■':>

108%

F-A

1973

stamped

5s

AConv

".'k 7314 '■91%
-

*78 i./

_L-.

\

■

A-O
M-S

;

85%

A-O
F-A

Purchase mopev gold 4s
N

;

—1965

gold 4s.—!

ref

46

.

;.,* 100%

<

F-A

.

—1965
—7.951

3%s series D_i

^

•

F-A
•

-

—,

88% •.86: ■
89 >■
A-O
8614/^; 84%', 86%
A-O i
94%
/ 31:}v 7 94%
100% 10I7/8:
J-J/:/;//; 101%
J-J
99'%
v97-%" 99l%
F-A
> 90%
«
87.i r; 90%
' F-A 'A;;v>
82% ! 83%

River 3%s——1997

Hud

,,

F-A

impt 4%s series A——2013

&

Ref

;

.-1945

series A——1998

Central RR 4s

86% 4;:

<5

104'4

5

J-J

-

Philip Morris Ltd deb 3s

Bridge Co-

General gtd 4%s—
Y

—

—..

B

gold

J-J
Af-3

A ref

68% >.; 78

__

1954

1974

81

k- 69

5

81%

series

5s

M-S

99%

:

J-D

83

72

•

J-J

105%

54%
■■

J-J

89%

71%

:■■■ W

4

/.!':!:!';

82%

36

117

108% 109'4

•:

j

119

120%

103% 104%

118%

-

,-r

^Philadelphia & Reading, Coal—

61

'

A 1st

1956

75

71%

;

123

104

Apr
F-A

4%s series C
1977 '
Philadelphia Co coll tr 4%s
1961
Phila Electric 1st & ref 2%s._._1971
1st & ref M 2%s__r__^.—
1967
1st and ref 2%s
!
1974

106%

62

'k<

...

...

A-O

1974

1980
1952

Dodge

General

104 Vi

93%
k 96

45

M-S

Apr 7 "90

gold

General

106

94 %

1

v'.

%-:;•;,;

1947

1956

106%

105%

'.

1

'

Ry 5%s_.

series B__

4s

1st.

Phelps

91%

88

4

Kv

ext

—

Union

Marquette 1st series A 5s

1st

2

4s

Pekin

&

;

120 Vi

J-J
A-O

4%s series C„
conv 3V2S deb—
Phila Bait & Wash 1st gold 4s—

97

84 Vi

••

Pere

4s

Eastern

&

A Income

'

!

3%s__,

deb

Peoria

15

'!C.

'.V.

104% 105

105
116

M 84 k

1

106% 106%

105%

99%

•k 113%

%

96 %

*106

10614

J
■'■ •'

•'

123% 124%

v:

•-

:

.'"VrL;

/• 114% 114%

-V: t.

J-J

'

103 Vi

13

105%

■

..1935

series A.

inc 5s

§ANon-cum

-

Peoples Gas L & C ref 5s_

96

.

J-J

.1953
*'

103%

97

•

.'

114%

V

102%

mtge

Conv

1952

1960

105%

15

96%

96%

1984

4%s series E!

108

*11314

-A

J-D

Gen

9

102% 103

M-N

1954

95%

t'

76

107%

107

U—

82

99%

98%

107%

J-D
K-

1949

98%

<

106

1D7%

*122%

121%

l|23

J-D

—

19G4

J-J

95

1960

M-S

1032

1950

J-J

•

96%

14

10314 103%

58

94%
*100

103

86

99%
101

100

106

]

105%

3b

range

Last

Interest

Exchange

Bid & Asked

Public

1st &

ref mtge

&

1st

ref

&

5s
8s

mtge

Low

High

107 %

109%

113 %

113 %

11

v

*101% 102

J-J

*100%

m-s

110

88

5

; 107% 108

108

22

j-j

106%

."

■

•'' I

''

-•.

1961

—^

.

V""- 15

106(4

105%

103

1

105%

105%

V'--

104%

117':;

.

107%

102%

26

105% 106

*103'A 104%

M-N

High

104%
102

411

105% 105(4

J-D
M-N

..1961

Low

103% 103%

J-J

1959

debs

debs

Year 1944

105% 105%

105%

J-D

1953

1956

Oil Corp 3%

Superior Oil 3%s aebs
Swift St Co 2%s

Sold
NO

Hum

118

110%
107%
150

224

__

•'*

•••

debenture

2%s

Sunray

30%

147%

*224%

•.'•

•

100%

110

*149%

j-d

\

Standard Oil N J deb 3s_:

Range for

Bonds

Friday's

or

Bid & Asked
L, uio

103

17

98%

__

110

j-j
Af-N

100 %

30%

29

30%

M-N

1968
1972
2037
2037

ref mtge 3s

1st

"•113

F-A

1956

Terminal 4s
Service El & Gas 3'As

4 A Providence

Year 1944

Week's Range

Last

Sale Price

Period

Sold

107% 107%

107 %

j-j

1st M 3%s—.:—1966
1st mortgage 3%s—
1977
Pressed Steel Car deb 5s
1951
J A Providence Securities 4s__.
1957
Pwr

El

Potomac

Interest

Stock Exchange

New York

Range for

We

t*wn

burn

Friday

BONDS
Bonds

Friday's

or

Sale Price

Period.

jan. 5

week ending

for

Week's Range

Friday

BONDS

York Stock

New

BOND RECORD

YORK

NEW

Monday, January 8, 1945

CHRONICLE

THE COMMERCIAL & FINANCIAL

128

224%

Tenn Coal Iron & RR gen
Terminal

RR

of St

Assn

refund

Gen

*117f

1951'.-

5s

120

Louis—

f gold 4s__

1953

lmpt mtge 3%s series B..1974

J-J

in

113

10514

10

111%

111

J-J

s

106%

'

Ref &

*106%

Tc-xarkana «fe Ft Smith 5Vas A

100%

1950

1959

R

deb

3s

91(4

106

22
10

105

10G%

106% 106%

A-O

1965

Company

debentures

3s

_

106%

105% 105(4

F-A

Texas

deb-

Quaker Oats 2%s

99%

100%

*100

J-J

.1964

5

105 %

106%

106%

106

M-N

106%

J-J

1997

130

130

130

7

115%

128%

ref

5s

series

B

1977

A-O

103

102% 103

128

81%

102%

&

ref

5s

series

C

1979

A-O

103

102

103

90

79%

102%

Gen

105(4

107(4 107%

37

94

107 %

94%

107

&

ref

5s

series

D

1980

J-D

102%

102

102%

13

80 %

102%

103 "4

104%

90

91 %

102

52%

57%

104%

__

107%
103%

76

44%

72%

111%

86

72

Tenn

Thira

99

va 33

1977

M-S

Ave

AAdj

M-S

*111%

1967

M-S

1969

M-S

1934

M-S

'

■

.

1

56 Va

94
44

11

112

12

.1949

J.J

20

19%

1941

J-J

21%

20%

St Louis
Ham

Gas

Jan 1960

1968
1947
1998
—--—3
Mountain & Southern

Ltd 1st M 4 As

Grand Island 1st 4s
& Adir 1st gold 5s

&

Bt Lawr

gold 6s

2d

,,...

A-O
j-j
J-J

20

"21%

West

&

Buff

&

&

§ A 1st

■Lyjj

deoosit
St L Pub Serv 1st mtge 5sSt L Rocky Mt ft P 5S stpd
tSt Louis San Francisco Ry

Af-N

ACertificates of

1950

j-j

1950

J-J

of deposit
—ACons M 4%s series A
—1978
ACertificates of deposit stpd——

---

A

4s ser

lien

Prior

of

ACertificates

deposit

—1971

M-N

111% 111%

1945

A-O

*17%

ACertificates

Paul Union Depot

St

13

32%

49

592

36(4

6

36 Va

52.Vf

40(4

39%
39(4

40

195»

: 43%

:

43%

—^-(968

Gold 4%S—

1969
1981'

i

gtd 4s

Pac RR 1st ref

South

Stamped

—

Devcl
Devel

St

4s series A

&

gen

&

gen

&

gen

6s
6%s

1st

Div

Mem

j990
1951
1964
1968
_1972

gold 5s

Div 1st gold

Louis

1994
1950
1956
1956

1st cons gold 5s

Southern Ry
Devel

1950
1955

1st 4s

Term

Fran

San

4s

Southwestern Bell Tel 3%s B
1st & ref 3s series C__

Pub Serv 4s

Southwestern

3%s

Pictures

V

<

Cons

ASpokane Internat 1st gold 4%s__2013
Stand Oil of Calif 2%s debs
1968

98%

■;

109%

106
v

104

101%

105%

12

99

1(0%

"l

105% 105%

97%

99%

y^

'■

43%

1st mtge 4s series A

88%

Gen

West

Western

,28%

60

27%

55%

56%

60%

105

46%

56'A

80

83%

42%

77

I

31%

54

23%

3

52%

70%

103% 103%

1

L

;

v.:

8

106(4

99%

438

69

93%

92%

93%

148

66%

91%

93%

501

91

93

430

65%

1945

F-A

101

101

..1950

j-d

*117% 118%

117%

119

j-d

*107%

106%

109%

series I

101%

91%

—

109

112(4

109 %

109% 109%

7

10$%

105

106(4

51

88%

105%

j-j

107

107

107%

12

98%

107%

Pacific 1st 5s ser A
1946
mtge 4%s inc ser A———2014

M-S

77%

111

series

A

Union

Telegraph

475

.1950

M-N

107

107

j-d

105

105%

M-N

.2361

5s

4

107

42

105

105%
105'A 106

160

157

83%

79

83%

.2361

j-j

78%

76%

79

.1949

M-S

109%

109% 109%

M-a

102%

102% 103

V

*104(4 105

fi

guaranteed

—

Co

&

1st
S

1st

.1949

J-J

Af-N

22%

>

107(4
102%
80

55%

53
110

77

111%

•

16

913#

337

60%

74%

23%

22'A

199

103

101%

105

116%

*12%

deposit

107%

100%

3

*65%
.1930

1st 4s_

102

80%

79

80%

108%

54

*117% 118%

J.J

deposit

& Du div & term

of

A-O
f-

.1960

4s

Central 1st 4s
of

■

.1958

mortgage 3s
B

93%

101'%

101

*101% 102%

6 j-j

1st 4s

93

Co—

M-S

gold

96%

92%

96

'May

107

275

*99%

117(4

& 57%

80%

14%

24%

14%

18

92

28

II

101%

A-O

§ASu

93

102%

j-j

Wilson

99%

80%

38%
98

yr

—1967

gtd_

stpd

5$

ACertificates

98%

—

90

100%

.1951

109%

98%

20

*103%

f-A

.1960

109

105 Va

63%

60

63

Q-Af

94

102

1966

JAWlsconsin

24

95%

1952
1977

Winston-Salem

124

108%

108

10

V

Wheeling Steel 1st 3%s series B__ .1966

M%

123

• •

■

100% 100'4

1945

Wheeling St Lake Erie RR 4s

105%, 106%

25
'.

106% 106%

106%
:

1103

106(4

56

-'f-A

guaranteed 4s

5%s

Registered
:

iV'Y'

103%

68

28

.1951

105%

103

40

89%

West Shore

102 %

66 %

94

89%

30-year 5s
Westinghouse El & Mfg 2Vis—

102%

100%

93%

89%

1948

Maryland 1st 4s

25-year

100

106

104%

94

Apr

gtd gold 3%s__2000

Funding & real estate 4%s—

5

*103

100 V*

Apr
A-O

3%S-1

ref

&

Gen

2

*126

51

w

J A Western

62

23%

8

%>:■

102

111

1981

4s

Power 3%s

Penn

1st

Western

101% 101%

101% 102

106%

1991

A

iyoo

mtge

ref:

Ltg

mtge

40 %

449

"

ist

1st

Westchester

%

56

36

Co

.'1st 40-year

41%
40

60

20

101%

12

107% 108%

1971

series

inc

Washington Central Ry 1st 4s
Washington Term 1st gtd 3%s

88 Va

75%

4s

Wairen RR
V

88

60%

32

108

100'A

80

*100% 102

108%

W

88

;

,21%

29

If -8

103%

100

Wabash RR Co—

mtge

20

■;

A-O

mtge inc 4%s series B

43%

V—

1958

10o%

90

*108

—I960

Gen

43

66

111%

104 (2

—

103% 103%

j-j

5s__

cons

113

106 -t-

104% 104%

M-a

2003

Gen

55

•/

1st gtd 5s

112

106% 106%

A-O

gold 5s__1949

128%

56

106%

1st

105%

81

VV 114

95

66(4

Coke

&

104%

43%

7
*'M.

__

31%

*112%

M-S

1974

Walworth

52

102

*109

M-N

1968

79%

43

31%

F-A

1957

126%

95

95%

30%

1955

•

g

ref mtge 3s series D
Coal

113

4s series A
B

3%s series B

series

Pwr

103%

6:

00.

42% ' 43

31

4s

&

102

42

..

f

s

& Southwest

1st

*82

93%
92%
106%

105% 106%

106(4

105(4 106'/a

«.

96%

97

114

114%

118

114
118

119

*116(4

i

92%

_

Included in

100 V2

4

108%

112%

7

106 (4

111%

__

57

58

■

V—■

•

103% 103(4

102%

5

104

delivery sale

106

110%

107%

3

*107

14

105'A 105%

M-N

1960

111

101%

106

Odd-lot sale not
Under-the-rule sale not Included In the year's range,
r Cash sals

not

Included

the year's range,
n
in the year's range,

d Ix-interest.

e

Ex-coupon.

tCompanies reported as being in bankruptcy, receivership,
the Bankruptcy Act,

or

or

reorganized under Beetlon 77 of

securities assumed by such companies,

bid and asked prices; no sales being transacted during current week.
ABonds selling flat.

* Friday's

y

'

y

In the years range,

TThe price represented is the dollar quotation per 100Accrued Interest payable at the exchange rate of $4.8484.

pound unit of bonds.

60

49

6

fcj-j

.1971

106%

§Negotlabillty impaired by maturity.

108'A

110%

*110%
-1.

V

107(4

109% 109%

109%

—.

not included

119%

2

''

Deferred

a

115

106% 106%

'

3'As

106

A-O

X

107% 107%

"

—

T968

Youngstown Sheet & Tube—
1st mtge s f 3(4s series D

119

100%

-

Public Service

97%

96

24

Wisconsin

105%

73%

13

■

__

Elec

123

105

166

97

Power 3'As

Wisconsin

92%

65%

55

123% 125

125

,

debs.

Virginian Ry 3%s series A—.

42%

60'A

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

111%

105%

107

59

M-N
M-N
A-O
J-J
J-J
J-J
A-O
A-O
A-O

107%

,

,

82%

38%
30%

163

RR cons

Vandalia

59%

M S

Gold 4%s
Gold 4%s

:

92

92%
%

43

M-8

?8

M-S

Va E!ec

87 Vs

53

22

__

90%

;.V 43

1977

107% 108

—1959

3'As debs

ACertificates

Southern Pacific Co—
1st 4%s (Oregon Lines) A

107

108

F-A

107%

70%

195

44

*94%
94%

97

1

,

93%

95

95

J-J

107

102 (a

106% 106%

.—1958

Va Iron

23

*128

•'

M-S

1979

103%

102%

22

106%

106

*100% 101%

39%

104(4 104%

of dep

debentures

3s

106%

1

106% 107

106(4

A-O

M-N

A-O

40%

81

*104%

---

»94ft

51

,107

J-J

1947

3'As deb

1952

28%

__

42%

--

(Guaranty Trust)—
A Ctfs of dep
(Chemical Barui)—
—
t§AAt,l & Birrn 1st gtd 4s
193J
, M-S
ACertificates of deposit
—
lASeaboard All Fla 6s A ctts
1935
F-A
A 6s series B certificates-,
1935
* F-A
Shell Union Oil 2%s debs
(954
J -J
2%s sinking fund debentures
1961
r
J-J
t§ ASilesian-Am Corp coll tr 7s
(941
F-A
Simmons Co debentures 4s
1952
A-O
Sioux City & Pacilic Div—
See Chic & Northwestern Ry
Skelly Oil 3s debentures
(950
F-A
Socony-Vacuum Oil 3s debs
1964 J-J
South & Nor Ala RR gtd 5s
1963
A-O
South Bell Tel & Tel 3%s
1962
A-O

grant 4s

Cigar-Whelan Stores 5s_

28%

76

76%
*107

(Chemical Bank)—

6s series A

cons

A Ctfs

72

76
80

(N Y Trust)—

dep

of

A Ctfs
A 1st

—

104%

*107(4 107%

51

V

87%.

87%

A-0

4s

of dep

A Ctfs

103%

102%

A-o

1st &

108

108

A-O

5ARelunding

1
3

1955

Va

—

§A4s gold stamped
;
,—i95u
A Certificate of
deposit.;.—-------

104% 104%

104% 104'A

j-d

2,382

40%

40

A-O

104%
104%

1980

54

54%

M-S
M-N

1950

SA.lst gold 4s unstamped
ACertificates of deposit-.

,■

F-A

,

106%

49%

51%

56(4

'

1952
1989

V & N E

Scioto

33

49%

M-N

(971

3%s B

4s s i deb
1st gtd 4s
1 Seaboard Air Line Ry—

Schenley Distillers

20%

17

■■■

94

•:..VV 53%

J-J
j-jr
J-D
F-A
A-O

112

110%

1
3

J-J

1959

■

35-year 3'As deb
Ref nitge 3'As series A
United Biscuit 3'As debs

Universal

53%

-

—(988
A2d 4s inc bond ctfs
Joko
5 A 1st term & unifying 5s—.
(95J
AGen & ref goid 5s series A.—(990
St Paul & Duluth 1st cons gold 4s.(968
t§ASt P & K C Sh L gtd 4%s
(941

1,334

107%

106

106

RR—

land

United Drug

55%

——

1st

i

52%

49%

104

103%

%.-r

United

51%

M-S

Louis-Southwestern Ry—
4s bond certificates

JSt

52

Pacific
&

34-year

100%

89 Va

5s_._

Oil of Calif 3s deb

1st

76%

(Chic)

debentures-.^iA

Union

77%

v

95%

1

*104

101%

U

100
t?: 95
i:' 97% 102(4

92(4

92'A

---

5s series B

APrior lien

92%

120

J-J

104%

101%

1

V•

102% 102%

102%

1953

106

32

;'

*100(4 100%

M-S
J-J

(95a

\-V''

A-O
J-D

55%

96%

.

"

62%

___

1955

A

'

-

•.

1950

19%

63

100% 100%

100%
y.

4s

gold 4s__1940
gold 5s

91

71

30%

1,037

*104(4

Tri-Cont Corp 5s conv deb A

108%

■fiy *76

^.'0

1st

1st

1st

Elec

J-D

20%

f

106

^

80%.

*72

JSt Louis Iron
River & Gulf

Division
4s stamped

''-pi •'}

104%

*__

57

54

104%

*104% 105%
'I--

90%

A-O

>M-S

3s

Jos

J-J

1949

Union

St

i960

ref & impt 3%s„1960

Cent

t§AUnion Elev Ry

Baguenay Pwr

*104

J-D

3%s__1974

!

.'

.

39%

54

Orl

New

ref 4s

income 5s

Ohio

&

Trenton

107% 110%

108'A 108(4

■

56%

of

1st

Union Electric Co of Mo 3%s

2

108% 108%

108%
.

RR

Ry

Toronto
—

gold 5s

■

Tol

*125%

1967

1st

Pacific-Missouri—

Pac

81

111%

98% 100

S, 76

Texas

101(4

*106%

*103%

;
100

•

4

107% 107%

Pacific

&

Toledo

& Elec Corp-

Gas

Rochester

A-O

97

107 %

J-J

..1949

41

M-N

-1939

105%

J-J

_ipfi0

104

107%

.

J-J

,_1956

J-D

&

Gen

Texas
104

A-O

1997

2000

Gen

-1931

.

NEW YORK CURB EXCHANGE
WEEKLY
and

NOTICE—Cash

deferred

the weex

in

footnote

in

In the

in

following extensive list

a

Dec.

30,

ending

and

include every

AND

the

present

we

furnish

Friday

security, whether stock

or

a

(Jan.

5,

1945).

bond, in which

is

It

any

compiled

Friday

Exchange

Curb

Week's

Range

for Week

Sale Price

Per

ACF-Brill
acme

Aera

Wire

Motors
cu

warrants

1

B

Air

Associates

Air

Investors

Cnnvprt'blp

For

FOR WEEK

2"%

Shares

Range

3%

1.500

2%
22

19%

27

Dec

(N J)

see

page

.

133.




Corp

Oct

Air-Way

Electric

Sep

Jan

Alabama

Great

Alabama

4'A

4'A

4%
10%

900

3(4

Jun

5(4

Dec

9%

2,400

6%

Feb

10%

Dec

13%

13%

700

x8%

2%

2%

600

10

Mfg

26%

1

preferred-

footnotes

Aireon

21

2

-

/

Range
of Prices

Sales

_■«anr?jJ:;n

for Week-

Range for Year

Shares '

1914

r,LOW

High

•

Jan

10(4

Week's

Last

Low

Par

High

1

Inc

Friday
Sale Price

Exchange

Curb

York

fo^Year 1944

Sep

is intended to

5

STOCKS—

Low

1

common—.

ENDING JAN.

New

3

.'

Mfg common

entirely from the daily reports of the Curb Exchange itself, and
the current year.

,.J.»v

;V

High

10

common

Supply Mfg class A

Class

Ainsworth

of Prices

Low

t

dealings have occurred during

Sales

Last

STOCKS
York

week, and when selling outside the regular weekly range ere shows

York Curb Exchange for the week beginning on Saturday,

complete record of the transactions on the New

RANGE

New

RECORD

YEARLY

delivery sales are 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.

$6

Feb

13%

Jan

3

Oct

Alles

35

Jan

Jan

Allied

Southern

Power Co

$7

50

preferred

preferred

•
*

7%

7%

8

,

11.700

2

■

Jan

8%

103%
107

3%

1.300

99% 103%

460

3%

Dec

107

107%

60

Apr

89

Jan

102

Mar

114

3%

4

Feb

119

Nov

104% Mar

10$

Nov

2%

July

Dec

2

——__—50c
Appliance
3

Hut*

35%

& Fisher

Intl

Investing

'$3

6

1

common

conv

pfd

•

43%

43%

50

8%

July
Jan

8% July
43 (a

Dec

*

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4349

161

Volume

NEW YORK CURB
RANGE

Low

Par

Class

A

Altorfer Bros Co common

Aluminum Co common

37%

Aluminum

Industries common
Ltd common

Aluminium

American

Book

1
100
1

Co

American

Mfg—
Cities Power & Ajight—
Central

American

Class B

American

Power

Foreign

American

Fork

American

Gas

General

American

preferred
$2.50 convertible preferred

15%

Dec

90

Dec

110

Dec

May
Jan
Jan

1%

Jan

Jan

50

4,700

5%

Jan

13% Aug

38

Jun

50

Dec

35%

Jan

45

Dec

11.700

1%

Feb

$

Dec

3.100

35%

Oct

10,700

ViT

Dec

49%

52

900

46

44%

48%

500

2% Mar

.

Dec

4%
39%
%

5

4%

38%

39%
%

%

17%

17%

32'%

15%

100

31

313A

12.700

26%
107

175

112% 1123A

40%

Dec

1%

Jan

19

Jan

July

33%

Jan

114

Jan

Oct

Sep

8%

9

1,100

5%

Jan

9%

Dec

4 2'A

43

50

34%

Jan

43'A

Dec

49%.

49

Jan

"9

48%

Dec

25

21

17%

21

1.750

143A

Apr

19%

Jun

20
25

33

32 3A

33

300

25 %

Feb

34

Jun

1

Mach
American Light St Trac common
6%
preferred
American
Mfg Co common
Laundry

American

9

28%

12%

(P

'l'\t

■■

4l'A

25

%

16% July

4.300

'

150

100

Preferred

Sep

Apr

27

Aug

353/4

Jan

58

Dec

88%

18%
53

19

25%

18

51 %

18%

25
100

Maracaibo
Potash

American

Republics

American

Seal-Kap

American

Corp

Superpower

10c
_*
*

com

preferred
preferred

$6

1st

common—

$0 series
American

Feb

American

Writing

Paper

common

Fence

Post

Anchor

Anglo-Iranian Oil Co Ltd—
Am dep rets ord reg—
Angostura-Wupperman

Apex-Elec Mfg Co common
Appalachian Elec Pwr 4%%
Inc

Argus

——

Aro

£ 1
_1
•
pfd___100
1

102% Aug

Voting
Cables

7,600

10%

Jan

15%

5%

4.900

3%

Jan

5%

9.800

is

Jun

3/g

•

July J

/■

Apr

Juh»

% July

124%

Dec

20%

Sep

123

120%

123^

400

105

19

18%

19%

4.100

14

4%

4 lA

1.300

3%

5%

5%

500

4%

Jan

7%

July-"1

3%

4

200

23/8 Mar

4%

Dec: ?

~5%

18%

May
Jan

Jan

4

'7

700

18%

200

19%

18%

13

Dec

% Nov

21%

21%

Co

3%

7%

7%

180

7%

23%

Jan

106%
23A

Apr

4'%

7.400

3

3%

4%

19.300

3

10%

3.200

3%

334

•'

22%

1

22 3%

22%

9

8

Nov

115

:;,

Oct

7 % Mar

400

.

233%

Dec

13

Dec

Apr

5%'Jan

14.0^5

9%

.

10%

7%

6,600

14

Jan

4% Mar

■

Jan

97'/a

»;iv

*13%

—

9%

Sep

Aug

43% July

May

10%

8%

May

4%
10%

Nov

113% July

Jun

5.900

111% 112%

112

Dec

19

23% Mar

5

-

8%

Dec

Coast Line

Atlas Corp

8%

—50

Co

warrants
Forge common

8%

9%

59

63%
2Va

2Va

11 %

11%

18 3/8

is y8

19

Products

1

17%

16%

Machine

Automatic "Voting

•

5%

3% July
Nov

94%

7% Nov

,

12'%

31

Jan

2.700

1

Va May

11%

1

Plywood

1% July

Jan

325

2%

5

Drop

Automatic

6,000

63'%

Corp

Atlas

Atlas

Jan

2% Mar

200

75

I

Fisheries

Coast

3

9% Nov

Jan

300

3/4

&

RR Co pfd—100

Birm & Coast

"6%
%

-

•

class A

Tel & Tel

Associated

Dec

64
-

:

,

Feb

3'/8

Oct

'

900

5%

Jan

V. 11%

Nov

6,100

9¥4

Apr

19'%

Dec

18%

12.300

3%

Feb

18

3A

Dec

"

5%

11%

200

25

4% Jan /

1.500

11

25

5%

;'

V 6 yA July

•

5

& Sons common

<B Ft

Avery

1

Ayrshire Collieries Corp

12

Oct

8

/

25

—

May

21%

Feb

25% July

9%

11

25

preferred—

Jan

16%

Dec

B

American

5

2%*

2¥a

" '

2%

23/o

/■; •

500

3¥4

"

300

Callite

•

31

29%

31

7.500

20%

Feb

107/a

———

Fire

Canada

common

30

preferred

7%

10%

11%

13,200

6%'

Jun

; 41%

100

39%

Jan

Rubber Co

Baldwin

11%

1,500

e%

Jan

de

Banco

10%^

:'k

i

30%

Car &

Industrial

Class

A

Class

B

7%

non

A

I

common

5

16%-, 16%

'

(L)

fcfi

class

Corp

Central

Central Maine

—

Central

Ohio

Central

Gas

&

Chamberlin Co

corn-

convertible preferred

$1.50

Aircraft

Dec

July

x57A

5 S/8

17%

Light 1%

&

Benson

100

Hedges common...,

V4

^

.'/V'.i

•

•

corp

Oct

'r

Jan

x23

i.kV

—

12

160

Phesebrontrh

common

Chicago Flexible Shaft Co common

A"'/'
133%

133/a

Service

Cities

60c

112%

Dec,

-w

108%

Jan

115

9'%

10

-Xwv

Jan

20

100

May

$6

Controller

Dec

7% May
119¥4 Jun

93/a

Jan

121

130

96% May

106

Dec

13

300

8%

Jan

13

Jun

Apr

120

112

i'i

.

"

Cleveland

2,000

./:•:■•/ %

47/a

3%

Sep

Coal

Club

;

Plow

Cockshutt

Api-

7%

Mar

11

Jan

16%

Co

700

6%

30,900

%

Jan

225

17%

Jan

12%

Nov

'

87

16%

17%

73.400

17%

118

125

'

20

20

1%

'
Southern

Feb

9

36%
29%

Jan

%

4%

Nov
Dec

Jun

403/4

11

Jan

29%

2% May

4%

300

5

9%

5%

6'%

39%

4.200

74

73%'"

74%

Apr

2'A

3,200

37%

12

Nov

6s/a

3.000

53/4

Jan

33/a

1.900

93%

9

9%

30%

37'%

; //

Jan

13A July

Jan

10
4 5/b

223/a

Jan

500

4%

Jun

Mar

375

38
29%

29

Dec

9%

Jan

3.700

25

Gas

Commonwealth

&

Public
Community Water

100

Apr

Dec

Oct

July

63%

Feb

93/4

Dec

6%

32% Aug

Gas & Coke Secur common

preferred

12

56%

480

32

Dec

47 % Mar

Jan

80 %

1/64 July

2,400

20%

£>; 500

Va

Apr

400

9%

Jan

450

12%

*

27%

1% Aug
12%

Va Mar
33%

Dec

A July
Nov

Feb

28

%

1
*

'
^

1/64
27%

12%

25
—1

Service
Service—

Community

1/64
28

wan ants—

Biscuit

Co

Dec

13% Mar

Jan

38

Aug

Feb

118%

Sep

109-

110

100

104

Jun

111 %

Aug

6-

Jan

6%

Continental

Jan

10*

Aug

6%

4%

1.700

43%

45%

<00

8%

9%

2,200

32

-2%, ~2%

2%

3,100

53/a

6,000

Sep

Aug •

50% July

Jan

Jan

1,600

24%

70

Jan

6%

114%

—10
•
10c
1

Hep

Nov

Feb

113%

.100
Oil

9%

63%

80

6

series C„—

"preferred
Consolidated Royalty

Jan

900

118

109

100
Consolidated Gas Utilities
1
Consolidated Mining & Smelt Ltd
8
Consolidated Retail Stores
—1
preferred

4%

68%

66%
117

68%

*

100

preferred

series B

il/a%

4

1

—

Consol G E L P Bait common

82 Va

9%

19% July

July

5¥4

Dec

Steel

Textile

7«%

Corp..

Co

Fdy

Machine Co

&

5

5%

14%

153/4
109

100

preferred

prior

Cook Paint & Varnish Co

21%

24%

Apr

Jan'

2%

9'A

Jan

'/ 21 %

Dec

>-

3'A

Jan

6

July

15

*

;

8,400

9

Jan

15

Dec

160

100

Apr

300

Nov

30

Apr

37

Nov

Coro Inc d

35

Apr-

45

16

V:

12

Apr

108% 109

*

Copper Range Co
Cornucopia Gold Mines

"9%

•

15

•

8%

1%
■v
•

Dec

3 550

3%

5%

111'

Dec

173% July

Feb

8%

Dec

ii

Feb

NOV

127¥4

144

Feb

j

-

5c
*

7,::: Iff

1
*
1
50

2

7

400"

IS

:

%
12

Jan
Jan

14

Apr

'

Convertible

preferred

•

Berkey & Gay Furniture

1

Blckfords

1

—-

Inc

common

Birdsboro Steel Fdy & Mach Co com—*

2
.

'AA A

—.

'.im Ai

L'v/ffX)
13%

■

13¥4

13%

3

¥a May

5.100

2

l¥s

Jan

12

6%

3.600

Aug

157/8 Aug

Feb.

13%

Dec

$6

preferred A

Bliss

(E

Blue

1

common

Ridge Corp common

1

optional convertible preferred

$3

•

Blumenthai
Bohack

(S)

(H

Ct

& Co
Co

3%
51

•

10%

r

50

6%

Feb

10%

Dec

15%

16

16%

5.200

11%

Apr

16%

Dec

21.200

1%

Jan

4

Dec

Creole

800

43%

Jan

52

Oct

Croft

100

10%

Jan

17% July

Crowley Milner

6,800

7%

Feb

11%

Dec

Crown

4

3%
51

10%

51%

16

•

common

16

11%

9%

American

270

80

Jan

Dec

31

33%

300

24

Jan

333A

Nov

Crown

_•

12%

12%

100

10%

Jan

13%

Dec

Jan

1%

Bowman-Biltmore

114

115

115

Brewing

Dec

1st

$5

2d

Brazilian
Breeze

Corp

42

•

Traction

Lgt Si Pwr

%

33/4

33/8

■

103/4
8%

9¥4

15 Va

15%

50

3%

33/a

1,600

Cork

International A—

4%

6%

Jan

4.200

.

1

Jan

5%

Nov

Crystal Oil Refining common
$6
preferred
Cuban Atlantic Sugar—]

Sep

213A

Jun

Cuban

15%

Dec

Curtis

Lighting
Mfg Co

53A

21

17%

15

18%

13.300

5%

4%

12.600

1% May '/

4.500

21%

•

Bridgeport

Oil Co

•

Brillo

Co

Class

common

A

9%

9%

10

'

American

Oil

British

American

Jan

"■V"''

13 3/s

Am

dep

Am

rets

ord

Celanese

Amer

British
Class
Brown

16

.

Sep

A

Feb

21

10s

$
53/4

5%'

5%

,_——*

preferred

Rubber Co

Rruce

fE Li

Co

Bruck

Silk

Mills

■

—X—1
—

5%
24

24 %

W-

Ltd-

Oct

6

Dec

19

May

2%

1% May

100

3%
14%

6%

Feb

*■200

Feb

24

Oct

Jun
Nov
Nov

21%

4%

3¥8

4.600

23

4%

11.700

15%

Sep

26

77%

22%

Jan

92%

Oct

1%

Jan

3%

Dec

May

21
i,

•

Buckeye Pipe Line.

20

5%

Jan

35

Dec

L*.

10

Nov

10

Nov

700

9

Jan

..5

common.

Dec

Jan

24'A

•
1

common

20 3A

3%- Jan

15%

17

>V

•

1

common

preferred

300

,

Dec

*

30

10%

10% July
'

$1.60
$5

preferred

1st

Burma

&

footnotes

21%

see

page




133.

I

Class

Inc

■'

.10;*
—

5

;

£'•*•

12%

Dec

Jan

9%

Dec

2%

10%

Jan

2

Jun

Nov

17%

Jan

24

%

1,200

26'A.

27

18—

27%

2.50

common

Dec

3%

Nov

26

•

.

Apr

'

'4%

Oct

10

__

Dec

Jan

19% Nov

Apr

8 3% May

100

11%

Oct

26 ¥4

2%

100

,

52

Apr

3%

'

Feb

19 '/a

v-

V 19,900

■

10%'

..

%

18

—

-I

v-'

'..w-

J.—

—

R"C-

VV

Dec

4%
13%

Dec

preferred

riohf>rtture

...— —

Gasket

6%

preferred

<fc

1

Vilbiss Co

common

1

preferred

FUamonr)

Shoe

22%

Feb

113

Dec

Am

12

Jan

Divco

1 %

1 3'a

1.300

1

Anr

Dec

134 July

1
1
—10
10
10

233A

Dec

Jan

36'%

Dec

1,000

6'A

Mar

16%

Dec

3%

Jan

6

Jan

86

Dec

Jan

135

May

16%
5%',; 67%

5,000

65
.113.

.

,

9%
•
__

9%

83A

12%

..

21%

19

200

1%

21%

1,300

Jan

10% July

Feb

16

Jun

21

July

1%
5%

700

6

28

28

•

3'A

Jan

100

20%

Jan

29

22

Jan

2634

Dec

10%

1%.
53/4

Jan

Feb

10'%

Feb

6% July
Oct
'

__

13% Mar

!

9%

183%

Get

16

Dec

17

July

——1

Corporation
On

1% July

%

14%

14%

15%

1,400

£1
1

11%

11%

123A

1.000

53%

Jan

14'%

Nov

1,000

1038

Jan

21'%

Dec

Aug

'

dep rets ord reg

Dobeckmnn

Dec

Jan

5%

2,700'

'

Apr

1.400

20

Jan

33'%

*

common

Distillers Co Ltd—

9% May

11%

,

31

15%

20

—

..

15%

6%

1

Mlg

Gray ,Iron Foundry
Detroit Mich Stove Co common
Detroit Steel Products
Detroit

7%

16%

Ref Corp_'_.—_c^i_i.—__*

Detroit

De

x37%

100

,

Jan

1,300

x36% x37%

x233A

1
5
50

Dec

24

22% x23%

..

—

35

A convertible

Derby Oil &

14-%

10%

*
1

Mills

Mfg

Rubber

$6 prior

97%

11%

1%

rets

2%

•

Dejay Stores—
Denn'ison Mfg class A common

350

111%

111% 112

Jan

3%

D

8,100

21%

•

Sullivan

Corp Am dep

For

21

25

2.50

preferred

Hill

3 %

'

(Mo)

Diana Stores Corp

Niagara & East Power—

Bunker

Feb

1,000

—

■!>'■

common

Davenport Hosiery
Dayton

18% Aug

£1

reg

Forman Distillers

Buffalo

100

21%

Columbia Power „class A—
•
B
;
.-iL^LKi f»

prior

Brown

21%'

Tobacco-

37% July

18

£1

reg

Fence & Wire

Brown

11%

•**'

'

3%

Nov

30%

im'

Ltd—

dep rets ord

Class

$5

rects ord bearer

dep

British

•

—

Nov

1%

26,500

11

A

25

9%

28% Mar

Feb

Jan

Tobacco—

Co

—

25c

Apr

Jun

Sep

8

3.700

•

British

23

Nov

12%

•

Mfg

50

9% May

1

Bridgeport Gas Light Co

20

4%

*
_

3,800

Dec

17%

21

1

common

73/4

22% July
% Jan

6,200

1%

1

:

-

—

27

9%

1.800

46

40

—:

253/4

103/4

Drug Co common
convertible preferred.—

Aug
3'% July

Jan

(Md)

Petrol

88

Feb

23

& Co_—

Cent

3.400

1%

v*' 1

2

150

1%

—

2% July

Dec

2,100

1

Co

%

•

Aeronautical

Brewster

1

100

preferred

preferred

83

2%

__

26%

5

Curtis

7 %

•

common.—

60

Jan

35%

Xh // /■

reg)—£1

receipts (ord

dep

Petroleum

Crown

25

115

85

1%

2%

*

100

Inc

84

1,700

34%

2%

'

preferred

1st

Bourjois

common

preferred

2%

Courtaulds Ltd—

Scrymser Co

7%
Borne

convertible

10%

•

common

W)

Petroleum

Cosden
5%

Blauner's

Reynolds

&

Corr'/on

v

common

1

13

21%

20

-■*

Oct

115

Continental Gas & Electric Co—

28 Va

__

Jan

12% May
111% July

4

47%

Consolidated

Jan

2 34

1193/4

18

100

1%

1%

173/4 Mai-

Jan

Jan

6%

—<4.

20

Nov

7

100

8%

—

Nov

85%

90

,

Dec

1%

8%

'

1.000

115

110

13

91

92%

6,000

12%::

11%

Nov
Nov

38% Aug

/

Jan

1%

13
85

125

warrants...

preference

Dec

Dec

120

Electric—

Columbia
5%

32 %

Aug

93A July

Jan

•

Arms

&

97

650

1

Fire

Patent

"loo

,

13 3/4

1

ordinary

Colorado Fuel & Iron
Colt's

Co

;

36'%

13

13%
85

100
*

common

.

/'k.

■

..

112

35

1

Airlines

Colonial

——

*

1

Development

Colon

■

110

/

*
•

Utensil

Aluminum

18

5% July

7%

Inc

Corp,

Dec

Jan

24.400

Oct

13%

Mfg
Illuminating

Electric

Clinchfield

>

13
5'A

i—

-VV;/'

10

Co

& Lambert

;

""14

ii

8%

Lights

Neon

Clayton

Jun

Nov

400

Auto Stamping

Clark

Dec

22

%

7%

5'/a

115

Homes

Aug

16 3/8

9%

•

& Suburban

Jun

3% May

*

City

-

7.100

12%

1

•

City

118

Dec

9%

13

10

common

Oct
Dec

00 cT* v.t

105% 106

105%

1

preferred—
preferred B
preferred BB

$6

29
12

May

7%

_100

SChilds Co preferred

Feb

41

8%

*

4

Chicago Rivet & Mach
Chief Consolidated Mining

Dec

20

114

--

.

•

25

Mfg

Jan

2% July
17

Jan

7%

200

44%

5

Consol

Apr

k'.

■■

144

Jan

12%

__

.10

Oct

14% Mar

__

'j.

l¥a

50

5

America

common

Dec

21

2,300

/'

4,100

■

Cuana

63/s

'

Bell Tel of Canada

2

114
■/

50c
-

Jan

17

nfd— 100

common

9Va

100

29

29

x5%

Dec

144

—

__

1

Products.;.

Jan

300

19%

19%

20
1

common

6%

■A-.V./"';-'

10

Mills Inc common

Beauni:

5%

7% Aug

114

1

pfd_ _100

5%

West Utilities

of

Dec

4a Mar

pfd—— IlOO

7%

Power

Steel

Power

Jun

24

200

43%

~8 %

Elec

&

Power

Aircraft Co

Jan

53A

12

America

Central & South
Cessna

Sep

5%

—10

Co

York

New

Jun

7%

Feb

—

.

of

20%

1003A July

4%

■

*

Hudson

Central

_L.

43%

preferred—*

com

&

Catalin

Jun

Sep

500

1%

•

Co

M)

9% July

6%

17

•

Products
(A

Jan

__

•

—

Apr

65

—1

—

•

A

preferred

Casco

43/4

July

5%

2

common

W)

73a Mar

21

•

—

(J

93/4

6

6%

100

Carolina Power & Light $7
Carter

4

Apr
Jan

1,700

7%

7%

•

Products

Co

33/a May
5s/a

Ltd—

Class B
Carnation

Dec

7% Sep
100% July

•

voting

Co

&

Carman

Dec

23A

5%

•

23

Jun

278

100

"Bellanca

4

Feb

4.600

5%,

•

Brummel Ties

Beau

11%

Jan/l
Jan

13

100

6%

~6 %

1

common

1st preferred—

7%

9
2

<'

16.000

3%

"7%

Canadian Marconi

City

2%

Jan

Alcohol—

preferred

Capital

Jan

400

7

*

voting
Industries

Canadian

"18

20%

¥4

6

100

Foundry Ltd—
preference

Participating
Canadian

.

5

Ltd.

8%

Basic Refractories Inc
Baumann

K

3%

Jan

,

5% Jan

%

'

r—

.—■

1

Insurance
Co

33/4

3%

1
..10

preferred

Canadian

600

:

'

V-

—

3%

4
.

Dec

12
Dec
4J7/a July
11% Deq

•,

Mfg—

convertible

$1.20

4i

.*:'

113%

—

Corp

Seelig

&

1

common

shares—

Steel

Barlow

—

Andes—

los

American
Barium

•

High.

Apr

4% July

700

*

2 %

£1

pfd

Power

Corp

Cement

6 % 7n

Consolidated

for

warrants

3

2.800

•

BOo

50o

Estate.—.

Electric

Tungsten

Conn

Baldwin Locomotive—
Purchase

" 3%

; y'-'r

dep rets 5%

Sugar

California

$3
Babcock & Wilcox Co

Low

4%

Compo Shoe Machinery—
V t c extended to 1946

■

Range for Year 1944

High

4%

Wireless—

Calamba

Claude

£1
•

dep rects reg
Associated Laundries of Apierica

Atlantic

%

Low

3%

certificates—

trust

&

Oct /

32
48

14%

$7 preferred.*

American

Atlantic

Jan

Apr

Electrfc Industries-

Associated

Atlanta

4%

22%
40

75

'

2.50

Refining

&

5%

1% Nov

Sep

•

Works common

Oil

Ashland

13 V8

•

non-voting

A

Equipment Corp
Metal

43

——

preferred

Arkansas Power & Light
Art

31 %

12

10

class

Common

6%

400

31

Shares

—.—25c

common

Cherry-Burrell

Natural Gas common

Arkansas

:.v

13.200

42%
13%

3
•
i

preferred

Thread 5%

1%

1%

31

—•
—10
2

Chemical

&

1%

!,

*

1

Meter Co

American

Amer

1

Co

for Week

3%

Cable Electric Products common

Castle

American

•

12 %0

Corp

H)

Sales

Range

Last

Dec

Aug

953/4

ll3/8

Week's

of Prices

Friday

v

Exchang*

Aug

20

100

12%

1

Hard Rubber Co

American

37%
115

290

2%
50

Curb

Dec

900

109

2%

common—10c

Corp

8%

Feb

1.400

46%

•

convertible

$2

Butler

Dec

73%

48

10
100

preferred

43A %

109

109

warrants-

Hoe common
Electric

Si

&

Jun

Feb

900

"

10

Co common

Cyanamid
&

31

.

Biscuit

Rnrrv

Camden

A

American

Apr

Jun

109%

' 1,100

93

89%

York

vnr

31

Feb

27% Mar

9.000

k
.

16%

15%

93

23
23
1

A

class

Convertible
Class

y-:

38

.

tllUtl

22%

500

112% 1133%

16'%

100

preferred

6%

American Beverage common

30»/2

36

/

Sale Price

18%

—"
•
*

Mfg

Goods

Luu

Uiot>

29 %

1133%

preferred

b%

Aluminum

New

8%

100

common

conv

5

Range for Year 1944

23%

30V2

10
—25
*
*

(Mich)

Products

Allied

JAN.

Sales

of Prices

Sale Price

EXCHANGE

WEEK ENDING

STOCKS

for Week
Shares "

Range

Last

Exchange

Curb

Week's

Friday

STOCKS—

York

New

FOR

129

21%

Mar

•-

FOR

Week's

Range

for Week

of Prices

Shares

Sale Price

Low

Par

Bridge Co Ltd
Steel to Coal B

Uunumon
Dominion

Chemical Ltd—
Textile Co Ltd

4%

6'/a

-

Sulphur

Isxas

Duval

ll7/8

12

Aug

Humble

Oil to Refining

Dec

Hummel-Ross Fibre

39%

>■>

Jan

2V4

Jan

300

9%

Jan

Dec

Illinois Power Co

preferred

prior

4% %

preferred
Malleable Iron
Eastern States Corp
*<>,

2%

2.900

1%

Feb

83%

84%

525

56%

Jan

85

48 %

48%

'

1.400

Jan

52 %

Dec

Jan

35

Nov

134

Grocery Stores
Electric Bond & Share common

50%

52

39%

10

preferred

convertible

$3

15%

97%

Dec

Jan

99%

46%

1 %

Mar

11%

Dec

1134

44

•.

^'.'4;

44

43

,.

51%

Aug
Dec

105
44

Feb

8%

Jan

12% July

1%

Mar

1% July

325

Dec

44

Jan

..•31%

834

Dec

Oct

34%

Apr

1834

1.200

56

52

53

—*

Jan

Feb

60%

Dec

4%

Ireland

to Inst Co

Falstaff

1

Airplane

1

Engine &
Brewing

•

ft;, Common

Association (Phila)
Ford Motor Co Ltd—
Am dep rets ord reg

International

;

Registered -shares
Products

Co
$3 conv stock
\f0 convertible

r

I6V4

Jan

54

Dec

9%

Jan

173B

Nov

9%

Jun

15

Dec

Jan

"

—

15,900

1%

Jun

4%

Dec

Investors

100

12%

Feb

17%

Dec

Iron

14%

Feb

53

Dec

Sep

Italian Superpower

Dec

65%

70

56%

Apr

67%

5%

5%

900

4%

Apr

6%

Oct

1143b

Aug

Jan

66%

Feb

100

46%

Jan

70

500

1

Apr

334 Aug

800

rl.

1%

Jun

3%

19

,

17

5% May

F'ireman Mfg voting

77%

Feb

100

1434

Jan

20

Dec

Oct

22

22%

2,300

19%

Feb

23%

22%

22%

200

19%

Jan

23% July

Jan

5%

Sep

33

32%

34...

650

23

Aug

31%

Dec

7%

Jan

22%

15%

Jan

20% July

4,400

7%

Jan

1034

Jun

5,800

16%

Apr

19 3e

Jan

200

16%

Apr

19% July

3,000

10%

18%. 19%
19% 19%

19%
19%
11%
2%
ft 24%

1134
2%
23%

1,100

2%
24%

1.23
1

3%

3V8

3%

17%

18%

1,500

57

57

80%

80%

3

1,100

17%

Jun

--

.—100

—•

Aug

5

Aug

25*2

Dec

200

48

Aug

52%

Dec

1

Feb

13b July

Feb

30% Aug

Jan

20%

50

25

500

7

550

17%

1,000

7%

Mfg Co

Jan

21%

Gen

v

Feb

62%

Nov

10

58

Jan

84%

Nov

"y:

«.—£l

ord reg

i

v

preferred series A
General Fireproofing common
5%

Outdoor Adv

6%

pfd

General Public Service $6 preferred
General Rayon Co A stock

,

General Shareholdings Corp com
Gen

preferred

convertible

$6

Water Gas to Electric common

S3

preferred

Geoigia Power $6 preferred
$5

preferred

Gilbert

(A C)

—ft

common

1%

Jan

600

20

Glen
v

.

Alden

Godchaux Sugars
Class

'

$7

ft;

$3

Mfg

Glass Co

Jeannette

—

5

2%

Apr

5%

Dec

5

Jan

13%

Dec

2%

Jan

53a

Oct
Nov

105%

Feb

109% Nov

110% 110%

110%

—100
*

*

Feb

92

50

100

Jan

111

Jan

120

preferred

87%

10

18

100

preferred

1%

Julian to Kokenge Co

75

107% 107%

July

104

104

104

Lt 5%% pfd—100

Jersey Central Pwr &

?:.

Gray

;;' Great Atlantic

&

800

14%

1334

1334

7%

;

Great

Northern

Grocery
Gulf

Utilities

Lime &

11534

Dec

110

Nov

Jan

100%

10

400
•" "h- '

10

1534

$4.40

4834

11% Mar

Apr

19

9

Jun

22 %

Dec

104

Jan

ft

5,800

%

Jan

7%

600

5%

Jan

%

.

7%

•

;

'-ft''

•'
•

39%

•

x40%

•

30%

300

40%

86

*

110

425

87%
'•

Nov
8

7%

8

100

82% May

Jun

40

Feb

—

—

Nov

8%

Jun

Jan

1434

Dec

93% Mar

Oct

136% Aug

29%

Jan

37%

Dec

65/4

—

Feb

11%

Nov

Dec

3%

Mar

8%

107%

Nov

111%

25

Jun

10

-

8

Co

•
Hammermlll Paper
10
Hartford Electric Light.
25
Hartford Rayon voting trust ctfs
J
Harvard Brewing Co—
1
Hat Corp of Ankerica B non-vot com
1
Hazeltine Corp
•
Hearn Dent Stores common
8
Co

Bridge

Lane

Lane

"2

110

53%

Lefcourt

Realty

Convertible
Leonard

Oil

Lionel

;

Locke

common.

B

L%

Co_

25c

Rubinstein

Helena

•
•
2

Class A

Co

Heller

common

preferred w w —
Henry Holt to C" participating A
5%%

.

.

Common

Rubber common

Hewitt

100
•
1
5

v

■

'

■

9%

31%
6

31%
7

Steel

Chain

ExplorationLouisiana Power to Light $6 pfd—
Land

Louisiana

Lynch

Corp

26%
3%

Jan

<100

41%

Jan

6.700

634

For

& Co common

•

,

Apr

5.200

Jan

100

10

11%

Oct

Jan

"

—

—

—

—

20

19%

2034

38
9

14%
—

200

1434

1.300

18

39%

1,200

2*

9%

1.400

15%

300

39

20

:• ft,

;t;ft 63

96 %

Aug

Feb
Jan

Dec

ft 93b Mar

37

Jan

67%

500

57

Nov

65

64%

12

5,400

\

16

15%

15%
4-

3%

4«/a

3,100

7%

634

7%

300

14%

2%

Dec

Feb

Jan

—

14% July

Jan

9%
21

■ft ft

—

Dec

8

Jan
Feb

400

14%

1334

4%
110

Jan

2%

Dec
Dec

18% July

Jan

105%

27

Dec

Aug

6%

Apr

3

Mar

8

Dec

Feb

75

Oct

800

"134 ~134

"l34

5

25

"734

"e%

634

20,000

30%

300

30

•

l1? Dec

h J»n
26%

31%

Aug

14%

14

14%

1,500

Oct

*2%

"334

Apr

15%

Dec

10%

500

14%

10
25

14%

10

Feb

14%

Dec

22% Feb

14 %

28%

Dec

1,400

—

,ft"

Dec

3%
23 %

Nov

r21%

Nov

15

Feb

18%

Nov

7.600

8

Jan

6,700

11

8%

8%

'I:'

6%

Feb

150

18%

ftftft 1034

8%

Jan
Jan

'

18% -ft 1834
11

1%
18%

r2134

•
*
•
8
10
1
*

109 %

V

33

33%

Oct

11

Nov

9

Nov

Oct

114

Jan

343#

Dec

2%

2634 Mar

ft'-c 500

33 34

834

Steam Shovel

—

Massey

Harris

common.

McCord

Corp

7% July
9%

2034

Memphis Natural Gas common—

Dec

Mercantile

Dec

Merritt

May

105

Dec

Aug;

Stores

common

8

Dec

6%%

A

.*

27%

Oct

Messabi Iron Co

6%

Dec

Metal

17%

Dec

Corp_

:

Participating preferred.
Edison $6 preferred

22% July

Feb

42%

Dec

Nov

11%

Jun

Michigan Bumper Corp——.
Michigan Steel Tube

17

Dec

Michigan

•

Metropolitan

May

1334 Mar
Jun

13

Mar

33

Jan

40

May

Sugar Co

8%
1..1-..V134

Preferred
Micromatic Hone Corp

2.50
•

Oct

35

Dee

5

Jun

;

:

y 100 H.

6

Nov

Oct

,'>'v 4 %

.v:

8 ;

H

800

■

'^:'v 7.%-'-s <>

,

'7%

i'6 %

:

13 I-.:-'

13
155

Feb
Jan

8%

Mar

Jan

138

,10
'

l-.'; ?434

W>434

93

13%

133-4

5

91%

14%

4

v.:

-

4%

X1C3

3%

4,300

'

v:100..
...

5,300
:

500

110 »:•.

4%

Jan

;;4i

Jan

6

U :::'

%

21,200

Jan

Sep

99

175

Jan

Sep
1% Mar

.

8%

'43a Jfilv

43%

.

•

3

43%

14%
4%
110

Jan

4

Jan

44

Jan

116

1%

10

834

1

1234

'

9%

1,100

834.

300

4%

850

1%

834

2%

.

1234

12%

100

Dec

Apr

Dec
Dec

Aug

4%

Jan

36

20

300

1%

834"

834'

"3

•Ploc

94

1%

--

Dec

Oct

165

110

—.

Jun

8% July

14t8

2%

1%'

334

Jan

10

.

Jan

2 %

2,100

.155

26;.

?

'

1.100

13%

•

800.;,

■■

7%

'7

:

•

Jan.

'

1
;

Dec

31

'

—

8%

4

100
1
—25c
15

Oct

102

\

• '

-

preferred

Textile

'

•

—

& Scott—.

16 i.

Jan

15

>•

Chapman

Warrants

Jan

Feb

81

•'-.-ft.''

•

• ;
•

—

.Tulv

12

,.L

.

& Co—

134

5%

,200

ft

'

.

—*

Mead

14%

MarL';

v

Dec

Jan'.
Not":

Johnson

it ' ftr-

-

—

Dredging-:

McWllliams

-•

'I-". ft

£1 •
—._,* >
—*
1:,-'J
———*

"

Jail'

Jan

!

Mass Utilities Association

497,4

\;

-

14%

14%

ftftf
-

2,600

234

2%'

2%
14%

'•••

Ltd

Dec

12

__

39

103 7/8

.3%

—

18%

9%
12

—

—

50

680

65

63

65

Internat Marine

Communication Co

Dec

"

—

convertible preferred
Mapes Consolidated Mfg Co

Apr

73#
34%

—

—

18% Oct

Feb

7%

Dec

17

Jan

84%
200

r:

9

16% July

Feb
Mar

8%

600

17%

17

1% July

% May

16

1
•
*

$5

4%

Apr

150

9%

(Geo A)

9%

200

ft: M

Marion

Jan

250

38%

Hormel

50

lr

optional warrants

2% July

5%

14%

8
*
*

common

8%

ft Dec

17%.

8

common

Mareay Oil Corp

23

10

Consolidated G M—

&

Nov

14%

class A—;

to Co

<Ri

;

Lone Star Gas Corp common

56

21.

—

20 %

Hoe

—

Jan

47

14%

2.50

Hollinger

49%

,

23

Hetyden Chemical common

Holophane Co
Horrier's Inc

A

—„;

Marconi

2%

IV*

50

preferred
Mining

-

Class

Groceterias

Loblaw

preferred^.

Inc 6%

(Thos J)

Brothers

V

500

4%::

July

9

12

t

Corp

Lipton
Lit

Inc

(R G)

Material Co

Nov

1.400

l7/»
7

4

Sep

15%

1
•
25
1

—

preferred

Dec

Feb

4

Feb

4

A—•

Development

Le Tourneau
Line

common

6

l'/a

7

634

Sep

2.300

4%

.

10%

Jan

4%

"

2

m--*.

4

Langendorf United Bakeries class

29

V
.

—

52%

234

5,600

100
1

Wells Co common.:

Corp

Xl9% Mar

Ltd

■

Hecia

5%

300

9%

2.100

1

of Delaware—
Bryant 1% preferred

,

9%

3%

9%

1
8

Lakey Foundry & Machine
Lamson

Mengel Stores

9%

Feb

334
8

1 ft*

;

'

Lamp

55

8%

July

—

H
Hamilton

Oct

3%

64%

Shore Mines Lta

Lake

Manati Sugar

Hall

61% July

38

10

ftft

42

42

Oct

Dec

6

700

8

—

Jun

113

Oct

4834

of deposit

Certificates

Class

Jun

83

17,700

14%

111% 111%

•

Oct

Jan

130%

.

—

10%

14

Jun

7

23,900

15%

'w—

100

Oct

434

■

13%

14%

Jan

110

100

'N Ji

RR

Lackawanna

1534 Aug

Feb

20

Dec

55

Apr

700

110'%

109

40%

16

Feb

37%

475

13%

ft

25o

Mar

Jan

13%

8,900

49%

</$■■ 1234

110%

pfd

Oct

934

100

19%

1834

1

common

Alabastine

Dec

52

May

51% Mar

'

10%

i

•

Products

Stores

State

Gypsum

Mar

111

175

25

Paper

Greenfield Tap & Die
..

Nov

Dec

9%

800

100
—J

Co

Brewing

Kreuger

Dec

25%

800

25%

•

—-

11%

31%

1
•
-—10

Kresge Dept Stores—
4% convertible 1st preferred-.

Dec

5%

—1

Corp common
Kobacker Stores Inc

Dec

22%

24%

1
J

Knott

Feb

15
33

x30%

31

100
100
100

pfd
Kings Co Lighting 7 V pfd B
5% prelerred D
Kingston Products
Kiiby Petroleum
Knirlano Luxe G M Co Lta
Klein
(D Emil) Cft common
Kleinert (I B) Rubber Co
Kimberly-Clark: 6%

124

934 Mar

4

2 % Mar

Pacific Tea—

Non-voting common stock—
1st preferred

ft

52%

13

13

49%

1
8

Co

Mfg

Jan

Nov

Dec

21%

K
preferred.—100
Kennedy's Inc—
8
Ken-Rad Tube & Lamp A
•
Kev Co common—
.*
Kidde (Walter) & Co__.
5
7%

Kansas Gas to Elec

Nov

41%

Aug

134 May

300

8,300

13,000

5

-

11

Jan

Dec

13%

-

19

10

common

Grand Rapids Varnish

.

-

•

preferred

Gorham

—

•

class A

Inc

Gorham

Mines

9534

Jan

15%

15

;;

—•

•

Consolidated

Jan

25

-

•

preferred

Goldfield

Feb

8%

110

110

2 % July

134

11134 112%

15%

Oct
Oct

Dec

75 %

-

-

— —

52

52

90 V;

60

95% ;
'-W— '

r.—

112

•

class A

B

102

Jan

•

:

•

Coal

140

Jan

4,300

'

9434

Jan

Jun

100

2%

2%

2%

.'

34

1%

1%

'

8 % May

79%

40

Nov

21% July

74

'

i

85

July

7%

Jan

115

'

102

16

/i Jan

8

Dec

134 July

Feb

1434

19%,

ft

Jan

.

3%

80

•
•

Co
Gladding McBean & Co

12%

—

2,200

102

*

Preferred

Gilchrist

•

4~:.' -VE

18%

••

4%

Jan

ii

'

.

Nov

1,600

— —

■

79

1,600

y;■■■

18%

•
•
1
•
1
•
•
•
*

Feb

134

7%

;. -v;

•
100

Elec $6 preferred B

.Jas &

General

Dec

3%

'

Gen

10

1%

7

1
10
•

General Finance Corp common

Feb

ft

3% ■:

3%
—

t.

•

7%
7034

100

Electric Co Ltd—

Amer dep rets

;

203# July

Jan

1& Dec

5%

12%

Nov

37

v

.

5
*

common

General Alloys Co

Oct

3b July

% Mar

1,200

1234

5

■

18%

10%

20

10

10

V;

'*-«•

luO

preferred

Gellman
..

Aug

18

—

—

12%

4% July
Dec

Feb

16%

common——1

common

ft 3

650

30% 30%
1734 1 8%
%
%
20
2034
;9 *' 9%

-

Dec

13%

7% May
1% Jan

12,700

13

51% 51%

—

1
*

Co

(F L>

;6%

*

Co

Dec

>91%

,

yy -

9%

10%

•
•
10

Engine Co

Aircraft

Jacobs

Jacbos

A

"

Power

Dec

64

Jan

27

500

20%

,

Feb

Aug

875

,

5 %

Dec

Mar

42%

106

—

Gatlneau

27%

Dec

57/a

113b July

Feb

2534 Mar

65%

Jan

9

50

88%

2°. •' 20

•

preferred

Irving Air Chute

11%

13% July

,

22%

17%
1 >;•;••• %
trust ctfs—•
2034
—
1
934:
*
—

Royalty

133b July

Apr

3O5

11%

87

*

Mills

4%

Apr

11

1

Equipment

Home

Hosiery

10%

1,200

12%

.

.

Jun

6%

—

15
50

com

preferred

Power $7

2

preferred

Corp

Utilities

International

Interstate

22%

(Geo A)

Fuller

Jan

43%

1,450

~

11%

Dec

4%

100

3,700

5%

20%

•

B

Razor

International Safety

Nov

22%

Brewing new

shs

coupon

International

600

E1

Co Distilling
Grain & Malt

Froedtert

-.

Jan

3.500

—

-

5,600

Motor of France—
dep rets bearer

(Peter)

Fox

16

87%

A

Warrants

.International Petroleum

10%

Amer

Franklin

Oct

-ft-

50
f
International Minerals and Chemicals—

52%

B voting

Class

Ford
ft.

Dec

1,000

16%

ft'ftft'

■-..•"•■

series

Metal Industries

22

of Canada—
non-voting

A

Class

Dec

3%
183#

Electric—

Hydro

$3.50

Preferred

International

65%

Co—25
10

32s«

Sep

8

Xll3a July

3V4 July

-v

.

13%

49

50

Motor

Ford

—

Jan

—

v

& Warehouse

Federal Compress
Fire

Jan

9%

■

ft.

...

preferred

7%

1

9%

Mfg Co

Fedders

20%

1534

.

ft

.(Insurance Co of North America
10
International Cigar Machine—*

7%

17

*

Metallurgical

Fansteel

400

ft ft* ft:
.52
54
100
58
57 . 58
.J Ai
3'. ftftftft2343
3
3
2%
3
100
64
63% 65

Industrial Finance v t ft common

1,900

4

4%

Dec

ftftft ft—. ■
12%
11%

—3
&
£1

preferred

7%

,u

Interstate

Falrchild Camera

43#

—

Britain

i.

13%

12%

-

Great

Jan

.'Indianapolis P to L5%% preferred_IO0
.
Indiana Service 6% preferred
100 'ftft .54. ft"

Interstate

Fairchild

ft_,
of

Tobacco

2%

16% 17 %
14 ... ,14%

4

•

.

£1
•
_•

coupon

Registered
Imperial

$3.50

13

: ;

Imperial Tobacco of Canada

•

27

800

8%

8%

8%

(Canj

Imperial Oil

•

.

Sep

100

1%

1%

Dec

46.700

ni''

11

~iya

"-"'16%

Sep

100

H.

'mt,''

Urn

July

42% Mar

■

•

,.38

Sep

46%

v.?75

Dec

73

Apr
Feb

30 ill Jan
•4i

Dec

Dec

16

:

600

49%

N

Jan

?J-. 8%

175

.

49

"•

200

37%

15

'

Sep

08%

1.200

12

36

Dec

11%

2,600

'

T(f

1834

Jan'

33%

>

1.500

72%

16

11 %

—

Jan

7%

:

Jan

1,500

.4%

53%. 53%

165/«
1434ft'

•

Co

Chemical Industries—

Am dep rets regis

ft

9% July

14% May

300

69%

:/i

Zinc

Imperial

Feb

71,000

'

99%

49%

—50

common
Eversharp Inc common
Pipe Line

Eureka

10 J/4
97

97%

■mW'

*
-*

Esquire

48%

.

10o

Corp common

Equity

9%

36

preferred
50
Empire District Electric 5% pfd—100
Empire Power participating stock
*
Emsco Derrick & Equipment
—5

Oct

100

%

conv

35%

Illinois

Jan

6%

■

1'

—

38%
4

16

15%
ft

Sep

Jun

500

30%.. 31 :

16%

-

—

Dec

453i

9,800

■

50

—

ctfs

arrear

25

3,300

4 %.

30 %.'

•

common

preferred

conv

Dividend

Dec

800

95%

12

IS

Dec

52%

8%

72

-J

53%

Jan

17%

9%

•

Jan

325

.

97%

common

Co

'

33%

8

95%

Oct

134

Mar

33%

17

_

—-

%

725

40%

1734

4V-

5%

Dec

475

51

$5

51/2 %

24%

■

1,200

52

40%

8

pfd A

32%

——

1%

1%

50%

*
1
——*
*

Economy

Elliott

;

—

51%

$7

preferred
$6
preferred.
Electric Power & Light 2d
Option
warrants
Electrographic Corp
Elgin National Watch Co

50
■

—

*

preferred series A
$6 preferred series B
Eastern Sugar Associates—
$5 preferred
—
Eaoy
vvasiung Machine B—

Oct

2%

2%

25

Eastern

—1

preferred
1
ft—-——-1'
Electric Securities--—ft
*
-dygrade Eooa Proaucia
ft—-——8
1st

Apr

8%

4%

'

83%

10%

Hydro

Dec

2%

•
100
100

Fuel Assoc common

Gas &

East

Co.

ikvi

113%

Aug

17%

45%.

'7%

•8%
.

Apit
Dt'C

31

10% .11%

44

44%"

———

Huyler's common—

Dec

4% July

13%

110
350

23%

23%

Corp——8

Ligonier

Hussmann

' 30.%'

.31%

—100
——5

—

(Harveyt. Inc_,

10

3%

900

——

preierred-;

Hubbell

83

200

12

Haraart

&

a'/e

-

Oct

Feb

.

9%

3%

1
•

Horn

Nov

119 ft

an

o

Oct

9

July

20V2

350

Hiyn

•

f

,

Jan

116

—;—•
—i
*

Co

Baking

80

Feb

3%

9 %

■

class B common

Hosiery

Test Corp common

& Hardart

9%

Feb

26%

200

39 7/#

74

Co

Duke Power
Durham
Duro

38 %

Harris Co

Driver

Horn

63

Oct

67

^

COip

Diaper

Sep

8 Ve July

Jan

63

out,

4

Co common——

(A

25%

Feb

6%

--ft

CI

Horn

1944

Range for Year

Hum

Low

3%

6% July

Nov

;

Par

High

2238 May

Dominion Tar &
Dominion

4%

1,100

'

Last

Sale Price

Range for Year 1944

:ftft Lou

Week's >;■ Sales
.ft Rangeft, for Week
of Prices
Shares

Friday

Exchange

Curb

York

New

Hia*

4%

4%

1
-*
2"

class A com

Domestic Industries

'

Sales

Last

Curb Exchange

WEEK ENDING JAN. 5

STOCKS

Friday

8 T O C K 8

York

New

______

CURB EXCHANGE

NEW YORK
RANGE

Monday, January 8, 1945

CHRONICLE

& FINANCIAL

THE COMMERCIAL

130

^

-

Oct

May
Aug
Mar

4!4 July
10

Dec

u Mar
ii>

1%

Oct

Jan

9%

Oct

Jan

15 7 a

Oct

0
5%

footnotes see page 133.

4tSSm




I

Volume

THE COMMERCIAL &

Number 4349

161

131

FINANCIAL CHRONICLE

NEW YORK CURB EXCHANGE

of Prices

Sale Price

Shares

Sale Price

/:/r

I

A v t c_l
Class B vtc
i
1
r 3 %..
Miuuie West Corp
common.
—5 y' 11%
Midland Oil Corp $2 conv preferred-.*
13%

Middle States Petroleum class

Steel Pioducu,—

Midland

Co

Midwest

Oil

Midwest

Piping

10

Minnesota

of Canada
Mining & Mfg..

Minnesota

Pwr

Mining Corp

A
Utilities

Loan Society

Dakota

Montgomery Ward A
Montreal Light Heat &

.

1
-10

8%

Muskegon Piston Ring—j..—.
Muskogee Co common——i...

Governor

Pierce

Nov

Pioneer

27

Gold

Dec

1%

1.100

2%

Oct

Pitney-Bowes

67 %

100

Jau

106%

114%; 114%

100

109%

Jan

115%

300

8%

Jan

13

13

13

;

70

Mar

52

Pittsburgh & Lake
Pittsburgh

Pittsburgh
Pleasant Valley Wine Co

11%

Dec

28%

1.900

8%

Mar

12

5.600

2%

Feb

4% Aug

1%

Feb

2% Aug

181% 182%

July

7

July

xlO '

May

183

<

350

20

38%

40

„

15,200

6%

700

Premier

50

10

li%

Jan

14%

Sep

6%

Jan

11%

Dec

Jan

90

Dec

64

Inc

common

s

Prosperity Co class B
;
Providence Gas
Public Service of Colorado—
6%

Y
".

?

Corp

1st preferred

National

Breweries

common.—;

common

Candy Co

City Lines common

National

Fuel Gas
Mfg & Stores
Refining

National

*

common—,-..*

Steel

Car

National Tunnel

Union

Nttnioiial

Oil

Navarro

Nebraska

Co

Power

Nehi Corp 1st
Nelson

%%

'

New

Idea Inc common

New

Co

Zinc.,

——*

Laud

& Arizona

Mexico

Y

N

Y

&

N

Y

Y

Honduras

Merchandise

Jan

35%

20,400

1%

Jan

4

4,700

2%

Sep

4%

Oct

8%

9

1,300

7

Jan

9

Dec

37%

Apr

64%

66

1,120

55%

Jan

69

Nov

18%

19%

1,200

10%

Oct

24

Nov

121%

900

95

Jan

118

Y State Electrio it

N

Y

Water Service 6%

16

Feb

50

3%

6%

8%

Jan

10%

"3%

Jan

14%

1%

Jun

6 Va

2.200

3%

Jan

5%

>

.y

26

100

38

8%

2% Aug
7% July
33%

Jan

Dec

105%

130

Dec

114

Jan

Apr

88

July

Jan

Oct

12

6% May

700

9

;

10% Oct
Feb

9

Jan

5%
3

47%

Jan

21%

100

18

Feb

113

110

104

Apr

113%

Nov

14%

16

600

Jan

151/4

Nov

20%

21 %

300

65 /

65%

2%

2%

21%
111

.

18% Mar
54

1,100

v

>6%

Apr

~5%

~6%

12

12

31%

32%

200

115% 116%

70

.6
..

32 %

64%

Z

Dec

21

Aug

; 21% Dec
66% Oct

Jan

2%

600

3%

Feb

Mar

35

.

Apr

725

63%

.

7%

Jan

y

64 Va

64%

44

Nov

400

3%

Jan

x6

Nov

-v/' 25

-7%

Jan

11

Dec

'

21%

Jan

•'VI1% Jan

34

Dec

-15%

NOV

-,115%

112%

19%

700

108% 109%

Vy' 160
U no

18%

19

•65%

66%

.

3%

Hudson Power common
10
3%
5%
1st preferred
100
90
5% 2d preferred
100
Class B optional warrants
Niagara Share class B common
_5
7%
Class A preferred
—.100
105%
Niles-Bement-Pond
—*
.15
Nineteen Hundred Corp B
1 yv^y
Nipissing Mines
——5
2
Noma
Electric—
——1
21%
North Amer Light it Power common—1
1%
preferred..
——.—/-•
.127%
North American Rayon class A—
•
39
Class B common
*
6% prior preferred
50

67 y«
3%

90%

90

Jan

117

102

Jan

106% July

13 i

Jan

107%

Dec

60 .;

52,200

2%

700

May

74 %

.

..

Jun

19%

Dec

lit,

Jan

75

Jan

1

Apr

Oct

Feb

94'/2

83%

Northern

80

%

200

Va

Apr

7%

2.600

5%

Jan

7%

States

200

Jan

107%

Aug

133,4

15%

12,800

10%

Jan

13%'

100

9%

Jan

13 %

Ohio

Power 4%%

Oh.o

1st

4%

22%

Dec

6%

Jan

Ja

12%

1,300

6%

Apr

.—-^3

$1.30

1st

Gas

common

B

158

10

13

13

25

71%

Jan

149

85% July

Apr

158 %

Dec

Jan

12%

Dec

Nov

1%

Jan

Jan

10 Va

1

16%

Dec

55

Oct

Dec

2 %

1%

6,200

1%

Nov

24%

23%

25

pfd D__—100
*
Rome Cable Corp common
8
Roosevelt Field Inc
5
Root Petroleum Co
1
$1.20 convertible preferred
20
Rotary Electric Steel Co
10
Royalite Oil Co Ltd....
.....
•
Russeks Fifth Ave
—.—2%
Pendleton Inc

July

15%

Jan

2%

1% Aug
42% July

24"%

Oct

2%

Jan

21% July

26% July

14 %

14%

100

11%

Jan

15%

7%

•7%

7%

3%

Jan

7%

20 Va

19 'A

20 Va

36,200
1,500

Jan

19%

Dec

13

%

%

3,100

Nov

1%

Mar

3%

3%

3%

700

%

%

300

1,300

11

%

2 % May

%

Jan

105%

Jan

Dec
Dec

4% July
1% July
109

Sep

12

12%

150

11%

Dec

15%

Feb

17%

12

18

200

10%

Jan

18

Dec

2%

2%

200

6%

•'

..

7%

1,900

2%
5

Feb

3% July

20%

21

21%

5,100

Apr

8

Aug

17%

7

Jan

19

Mar

13%

Oct

•

16% Aug

,20%

Dec

18 Va

Dec

Jan

8

11%

1

"S'/V

•

Dec

3%

10%

6,000

3%

Jan

10%

Dec

8%

1,300

4% May

11%

Oct

3%

3%

1,200

1%

8%

1

"9%
7%

Ryan

Aeronautical Co
Consolidated Petroleum
Ryerson & Haynes common

•ft Jan

48

Rochester Gas & Elec 6%

Roeser &

12%
40

—1
1

Richmond Radiator
Rio Grande Valley Gas Co v t c

.1,

Jan

4% Aug

j
St

Lawrence

•
50

Ltd

Corp

pre!

A $2 conv

Class
St

39%

500

27% May

40

40

200

28

Jan

Jan

123

Dec

38 %

Dec

39

Dec

52% Mar

54% Mar

13 V*

Jan

1%

Aug

Jan

5%

Dec

7

Jan

14%

Dec

Jan

89%

Dec

600,

1%

14%

%
4%

1%

4,500

16%

17%

2,600

26

27%

1,100

Sep

7%

•v

110

Dec

Jun

17%

Dec

Jan

23

27%

Oct

3% May

3,800

4%
23

250

114% 116

50

21%

7

18%

Jan

4%

Oct

24% July

2% Mar

11% May

43,600

4%

1
1

10'A

9'/a

10%

52,400

7'A

7%

7%

4,300

2 %

3%

Y.: 3%

3%

2,200

1%

23%

23%

300

*
Schulte (D A) common
1
Convertible preferred
23
Scovill
Manufacturing
25
Scranton Elec $6
pfd
—*
Scranton Spring Brook Water Service—
$6 preferred—
•
Scullin Steel Co common
_•
Securities Corp General
1
Seeman Bros Inc
•
Segal Lock & Hardware
1
Seiberling Rubber common
•

Jan
Feb
Jan

3%

3%

4,500

1%

Jan

70 Va

71%

200

50%

Jan

35%

35 %

36

700

27%

Jan

3%

xll2%

Dec

3% July
19%

Oct

6%

Dec

10% July
8%

Dec

4%

Dec

25

Oct

3%

Dec

75

Jun

36%

Dec

114'A

NOV

•

Feb

95%

10%

11%

2,000

9%

Jan

12% Mar

5%

5%

100

2%

Apr

5%

Nov

Jan

48%

Jun

92%

11%

—

220

94

64

40

Dec

~2 Va

9,500

1

Jan

2% July

9%

10%

2,700

6%

Jan

11% July
22

~2

_2%
10

July

*
1

16%

Feb

"1%

1%

"l%

3,300

%

Apr

5

12%

12

13

2,450

6%

Feb

12%

Dec

25

prior stock

14

Sep

71

—

$5.50

May

7%

common

Selby Shoe Co.
Selected Industries Inc common
Convertible stock—

4%

V

6%

400
200

2%
17

G%

G%

8

;

United Corp common

Oil Co_.
Co

2%
16%

17

.5

Regis Paper

39

103

29%

30

112

18%

1,100

30

*

6

Aug

8

Feb

k6% Jan

.1

6%

•

•

••

—

38%

25

1st pfd

V 'v

•

.'

.

700

38%

—

•

7Vo

*.

20

107% 107%

•

•

110

-100

pfd

7% Mar

9%

1% Mar

*84

85

600

67

Jan

87%

Dec

84%

83%

83%
84

Allotment certificates

13

Safety Control

Sentry

1
1

Serrick Corp class B

150

69

Jan

87

Dec

u

700

Shattuck

Mining

Denn

Shawinigun Water & Power

Nov

Sherwin-Williams

common

pfd series AAA
of Canada

cum

Breweries

20

110

'

35

32%

—

Jun

Silex

38%

Dec

Dep

Jan

109% May
110

Jan

6%

Jan

23%

Feb

88

5

•
——

r.

*

'

—

•>. 9%

shs,

'

"

~

8%

60.300

6%

Apr

6%

9%

Co

,T„,.

——

—10
*

—25
1

A

«

'

Light $7

Mfg Co

preferred-

footnotes

•

common

see




page

50

100

Manufacturing Co

Singer

Dec

Singer Manufacturing Co

Dec

Amer

Solar

Manufacturing

Smith

July

dep rets ord regis

Solar

Sioux

City

9

Jan

36%

Jan

22

May

Sonetone

32

Jan

50

Mar

Soss

110%

•

40%

Dec

South Coast Corp

33%

Jan

South

33,700
25

64%

50

43

2%

300

109% 110%

440

38 V*

39%

,

Penn

common—..

Oil

Pa

400

3%

7,100

2%

15%

16%

105

—

16%
105

1.100
100

•

3%

12

Apr

91%

Feb

20%

25

575

12

Feb

21

20%

—

Aug

Apr
Feb

110% Apr

100

Southwest

78

Oct

Southern

49

Dec

5%

original

Line

preferred B

Jan

6%

%

Jan

3

Oct

6 %

111%

Dec

5%%

109%

Nov

Southern

38%

Deo

94%

Jan

20

90

Jan

700

34

Dec

7%

California

Aug

Colorado

preferred

-

14

14%

13% Jan
26

1
100

5%

5%

5%

400

£1
100
•
1

2%

275%

250

111% m%

273

229

10

108

273

Jan

Jan

Apr

Dec

Apr

16%

Dec

106

Dec

115%

.

Feb

19% Dec
SI

Aug

16%, Oct

series C
Power class A

Nov

83

6'A
295

Dec
Nov

Oct

2% Feb

15%

18,800

5%

Jan

112%

Oct

12% Mar

..

17%

Dec

15%

Dec

2%

Jan

14%

13%

1

7%

7%

8

7.200

3%

Jan

7%

1
1
1

3

2%

3 Va

17,500

2%

Feb

3 %

Apr

8%

8%

300

4%

Jan

9%

Nov

2%

Jan

4

Dec

4%

2.800

42%

42%

600

41%

4%
..

52%

60

31%

32%

500

30%

31

600

4

Apr

28

10

40

Mar

Edison—

preferred

preferred

14

•

25

Pipe

Dec

Jan
Mar

4%

5%

107 Va 107%

Manufacturing common

Jan

47%

Co

Corp

Aug

78%

2

Nov

28%

5%

10%

■>;, 3%

Ltd—

Gas & Elec 7% pfd
(Howard) Paper Mills
Aircraft Co

Oct
Dec

Mar

47 %

5%

common

Nov

34%

29%

preferred

Simplicity Pattern

16%

78%

.

39%

133.

47

29%

,

«

com

nrp'prTOf)

200

,

,

Pennsylvania Edjson Co $5 series pfd_*
*
$2.80 series preferredclass

19

•

common

A

18%
47

19

1
.

common

convertible

$3

24

1

Corp

9%

10%

3%

1% July
6

10%

Simmons-Boardman Publications—

36%

106% Mar

96%

10%

5
•
25

•

15%

Jan

19

—

——

Jan
Jan

6%

*

Jan

80

■

.

Ltd

Jan

13

%
3%

1J

/V

****'

•

Seton Leather common

Sep

—

conxmon'.i.—

Pennroad Corp common

For

158

63

375

__

..15

:

Light

preferred

Salt

76%

78%

Jan

127 %

Dec

Telephone

QP

Dec

Dec

Mar

122

Jun

Peninsular

Penn

16

18

12%

Savoy
Schiff

Dec

Service

Elec

290

Jan

Jan

8%

3,400

Samson

30

Patchogue

&

78%

11

1,800

'

Power &

3,200

61

Feb

Jan

Rig & ReelPlymouth Mills

Gas

15

17%

23%

Jun

100

Co

Ppnn

75

15

Dec

Aug

Motors

Penn

May

59%

Dec

113

Parkersburg

$1.40

Dec

17

21%

1%

117%

Pantepec Oil of Venezuela
Pen

110%

Jan

60%

2%

116

preferred

Paramount

14%

Jan

11%

23%

20%

Jan

Page-Hersey Tubes

Parker

Jan

93%

800

Raymond Concrete Pile common
•
$3 convertible preferred
•
Raytheon Manufacturing eommon„50o
Red Bank Oil Co
1
Reed Roller Bit Co
•
Reliance Electric & Engineering..
5
Republic Aviation....
1
Rice Stix Dry Goods,.
*
Richfield Oil Corp. warrants

Jan

Jan

common

&

10%

750

16

17%

Jun

100

Jan

Feb

Lighting $5 preferred—
Public

18,:"

16%

Sep

118

8,800

15

110%

109

xlll

Jan

1%

Rath Packing Co. common

Jan

preferred

Power

14%

14 /a

109
18

Apr

114%

1%

Investment A

Railway & Utility

%

115

Pacific Gas & Elec

Pacific

Nov

-

450

5%

Pacific

Oct

9

40,100

Sherwin-Williams

Pacific

7 % Mar

1%

4'/a

1

1st

-

13

16%

Sick's

5% %•

.:

Nov

% Mar

1%

1%

108

Securities

Co

Nov

Jan

15%

1,000

100

Natural

Can

14

1,300
2,900

15%

common

21,100

100

Omar lnc

Pacific

55

10
1
10

Voting

14,700

1st pfd

7%

Oliver United Filters

Overseas

lxs July

Jan

%

& Light Securities

Railway

1%

preferred—

preferred

Oklahoma

Jan

43

R

22%

103%

4

Public Service

f>%

Co

July

Jan

IS

30

VA

1

1%
20%

27%

common..—*

B

class

Brass

34

26%

12,200

*

common
Salt Dome Oil Co

'

.16%

•

Corp common

Ohio

July

108

Radlo-Kelth-Orpheum option warrant!.

14% July

13%

105

O
Oeden

Nov

7

xll%

ft Mar

87

class A—.25

Power

Corp

15

13%

'"

Jun

Jan

Sep

Oct

105% 105%

7

Indiana Pub Serv 5% pfd..100

Norilieru

Novadel-Agene

4%

5%

%

Dec

83%

13%

1
50

Co

Jan

Dec

5

13%

12 %

Jun

15%

May

Nov

May

65

3%

%

Utility Securities—;
Northern Central Texas Oil
5
RR

h

53

Ryan

81%

American

Penn

Feb

2

150

32

Dec

5%
17

75

31

32
1 rb
53
13%
%

•

.

North

125%

Oct

200

6%

100

6%

.

Northeast Airlines

Jan

13

3,800

13%

6%

Oct

3.400

Niagara

North

"3%

13

Dec

11%

2%

1%

'L-

J

—lou

14

*

1

-*

pid

3V2

Sep

25% July

4%

.

300
300

43

Dec

preferredQuebec Power Co

85%

preferred—1UU

4%

Dec

13%

*
3
10

Quaker Oats common

800

6.600

107% 108%

1

N

Apr

Dec

14

38

—

Dec

11,300

4%

-10
•

$5 prior

Dec

10

1%
5%

—1Y
Gas $5.10 pfd.100 v

shares

July

25%

<

preferred.^Y Shipbuilding Corp—

Founders

'

12

18%

200

11%

$6
N

16%

Apr

10

Rosario.—.10
10

Light-7%

Power it

Jan

9%

13%

y.

fiction Co common
City Omnibus warrants

12%

Aug

12% July
10

22%

*

Y

N

July

Dec

Dec
Jan

4%

500

—

Process Co common

N

N

11

—*
.21%
100
113
—* '
10
•
21 '/a
—25
—1
2%

it Tel—

New

New

7,900

14

*

.

preferred

New Jersey

11%

8%

10

—.-5
•

Corp

(Herman)

England Tel
Haven Clock

New

11

24

England1 Power Associates
•
preferred..
.
.—100

$2

17%

n%

#

New

Oct

pfd

Neptune Meter class A
Nestle Le Mur Co class A

:

11%

—

10
12.50
& Mines common—1
Radio
,—30o
*
1% preferred
100

National Transit

8

11 Vz

33% Jan

44% Mar

2.500

12

1
—r*
*

Rubber

National

Apr

Nov

Jan

Jan

16%

8%

Machinery
Ltd
National Sugar Refining
National Tea 5%% preferred

National

39%

35

15 Va

151/4
11%

common

Oct

35

50c
—

Oct

5%

—

—*

National

National
National

y

2% July

33%

Feb

28

Dec

20%

Jan
Jan

1%

9,200

2%

25

preferred

7%

14%

200

20

2%

2%

28%

500

100

preferred..
Puget Sound Pulp & Timber..
Pyle-National Co common
Pyrene Manufacturing
'

19%

*
1
•

—

Bellas Hess

100

_100

1st preferred....

7%

Common

N
National

1,100

4 A

Puget Sound Power & Light-

Nachman

8*% May

Sep

37%

1
#
1
1
*
—*

of America
Producers Corp of Nevada.

Oct

19
■;

Nov

4

*

Co

Metals

Pressed

136% July

600

19

Aug

12

3}&

10
25c

Gold Mining—,

Prentice-Hall

Dec

24%

13%

13%

iO

__

Pratt it Lambert

Jun

200

18%

,

Apr

36

Jan

32%

4%

Alexander..

Sep

y; 6% July

Jan

Jan

7

7%

Dec

2

Feb

127

10

133

13%

19

Jan

18

y-

133

*

5%

31

158%

7%

13%

of Canada..

20%

Feb

1% Jan

2%

50

14,300

•:

11%

4%

—

&

Power Corp

38 %

Apr

28%

150

1%
6%

—

J*
2l/a

15%

"

20

40
2%

Jan

32 Va
4

3
*

Mining Co

Polaris

Powdrell

182

125

30 /

13%

common
Pneumatic Scale common

Nov

■

Jun
Mar

50

7%

65%
18 %
118%

Inc

Plough

Dec

165

f

110

11

30

7.50

Erie

Metallurgical
Plate Glass

Sep

1.000

100

13%

—..50
—-50
10
23
1

Pitts Eess & L E RR

Sep

10%

10%

35

11%

4%
9

Postage Meter

Dec

13%

10%

35

35
13%
11%

1
•

com

Nov

10%

3%

152

Dec

13

3%

—

Ltd

Piper Aircraft Corp

1% Mar

152

3Va
68

NOV

*

common

Mines

3%

58

152

High

2% Mar

53%

•
1

Packing Co

Phillips

Dec

July

9

Jan.,

Philadelphia Co common
—
Phila Electric Power 5% pfd...

-

Feb

3%

preferred———————.100

6%

Dec

July

3%

1% May

—y-

—*
•

Mfg Co

Murray Ohio

30

2%

.

5c '
Producers..
10
States Power common
*
States Tel & Tel——...100

Mountain

27%

Apr

100

1,600

57

*
—1
•
23

—.

2.400

131/4
10 %
3 Va

investors partic pfd—.—
Mountain City Copper common
Mountain

Circle Co..

97%

Moody

Mountain

Perfect

Low

3%

*

Co..—

Jan

66

1

Power

Oct

Jan

800

3%.

1145/a

1

:

Dec

17%

23%

•v 1.000

8%

.

8%.

1%

2.50

Hosiery Co Inc.
Corp—
Monogram Pictures common
Mojud

Moiyouenuin
Monroe

13%

,

20

50

3%

3

;

■

Range for Year 1911

58%

3%

__

100

Power Co

Mfg

Pilaris Tire & Rubber

725

3 %.

...

pta
100
Public Service common..—-*

Montana

V ' ';

27

Water it

Pepperell

Oct

29 Vt

Penn

2.50

Co

15%

M.ssissippi River Power 6%
Missouri

Jan

8%

100

pfa

Light 1%

9%

200

28%.

.

"
1
•
*

Cuppl*

Refineries

Mid-West

6,200

27

•
* ." .r 2b%*.
50
3%

Co—.—.2

<fe

11%

.

.

Penn Traffic

Dec

3 Va May

Jan

'

y

common..

Abrasive

Mid-West

1%

13%

11

15%

Jan

8

700

.

6.800

3%

3%.
13

.

Shares

HUlh

Low

w

High

tow

'•"r

■

15%

15%

__

dividend shares

$2 non-cum
Midvale

ViQh

Low

Par

for Week

of Prices

Range for Year 1944
■

.y

:

Sales

Range

East

Curb Exchange

New York

for Week

Week's

Friday

STOCKS

Range

East.

Exchange

Curb

York

New

Sales

Week's

Friday

y

.

5

EANGE FOR WEEK ENDING JAN.

v

SlOtlvS

25
25
25

31%
30%

—
—

45% July
July

31

44

Sep

29%

Apr

32%

Dec

29%

Jan

32%

Dec

1 %

25

100

»

Dec

Nov

2

Jan

82

37

67

Mar

July
% Deo

THE COMMERCIAL

132

EXCHANGE

NEW YORK CURB

Week's

Sales

Last

Curb Exchange

York

New

Range

for Week

of Prices

Shares

Sale Price

Southern

Pipe

Southland

Rovaltv Co
(A G) & Bros

Spalding

———

-1

18%

7

Apr

Williams

(R

21 %

Dec

Williams

Oil-O-Matic

Jan

28%

Jan

4'A

18Va

Dec
Dec

Power &

Portland

Wolverine

Nov

Woodley Petroleum
Woolworth (F W) Ltd-

Mar

114

108%

Jan

8,500

%

Jan

% Aug

1,100

ft

Apr

ft July

50

111

12%

2%

2%

2%

300

3%

3%

114%
13 Va

•1%

Feb

3%

17%

Jan

11%
53

Jan

;■

Jan

10%

11 Va

11

11

Stetson

Inc
(J B)

•nrinnes

iHugoi

Sterling

Stroock

Machinery

Sullivan

Co

Druer

Rav

Sun

Corp

Portland Cement—
$3.30 "A" part-

Superior

"B"

Class

3ft

•.

3%

Jan

6

Jan

4

Nov

25

24.

25%.

19%.

19%

250,;-*

Interest

Exchange

Curb

York

Dec

26%

Oct

Jan

19%

Dec

12%

Dec

48%

Dec

Aug

15%

Dec

Apr

11

Va

13

100

15

15

*
II

400

9%

10,600

2%s

May

s

f

s

t

1
•

Taggart Corp common

Electric Co common

debs

3%s

deos

f

s

& Lt deb

Amer

Pow

Amer

6$
Paper 6s__

Writing

Gas & Elec Co—
deb 4%s
deb

45

101 %

101%

3

109

109

3

J-J

109

1.400

22

•
100
Texon Oil & Land Co
2
Textron Inc
1
Thew Shovel Co common
9
Tilo Roofing Inc
<
1
Tishman Realty & Construction——1

28

22

23%

6.400

12'/a

Jan

10

114%

Jan

Exports

Ltd—

Tobacco .Security Trust Co
Amer dep rets ord >regis

4,200

7%

Apr

12%

29%

2.500

19%

Feb

27

6%

Jan

Amer dep

7,%
preferred
ifonopah Mining of Nevada

Oil Co

Inc

1.900

11.

6.200

1

Nov

1%*

1%

100

1%

1%

500

-

4l/4

36 %

38%

July
Dec

1

1%

ft":

,:8ftv

K

18 Va

37%

Jan

12%

8

"

4'

10 % July

Jan

10%

300

12%.fft

v

1

Corp..,
Manufacturing

Unexcelled

10c
10
•
100
1
•
10c

Corp

Realization

Ulen

Co

Canada

of

Union

Oas

Union

Stk Yds of Omaha
Aircraft

United

Products

United

Chemicals common

United

Cigar-Whelan

•
20

preferred

$5

...

Stores

Prior
United

preferred-—
warrants

oorp

United Elastic

United

•
*
•
•

preferred

1st

$6

United Milk Products

preferred

participating

3

2%

4.000

5%

4%

5%

7% ft

7%

7%

10%

12%

ft'

;

300

;

2

-

2%

95%

98 >>a

19%

18%

19%

hM.

3/64

10

10

98

.United

Shoe

11%

Oct

Jan

25%

Aug

1%

Feb

174.500
650

Jan

100 %

Dec

17

Sep

19%

Dec

Dec

ft

Feb

6,500
10%

4.300

2 Va Mar

80 Va

.-=•

6.100

32

19'A

Feb

Nov

lOVa.Njov

8% .Nov..

^

ft
ft

^an

29,400

%

Feb

iff

V 8,900

ft

Jun

68%

70%

3.700

50 %

Jun

69

Dec

33'A

69%

Apr

40

Dec

«Jan

*

Apr

93

""90

6%

II

6%

"2% "2%

v

ft/ 100

Feb

4

Feb

6%

Jun

269%

263

%

400

•

2%

Feb

76%

77%

45%

45

46

1,000

9%

1

'8%

8%

9

18%

Nov

Dec

Jan

77% July

42

180

10

9%

Oct

69

Jun

45 Va

Sep

ft 4% Mar

V S Foil Co
U

JS

B_i

class

Graphite

....

common

...

_•

w$5 1st preferred with warrants
ft'

S Radiator common..

'

United Stores common.

—

Feb

20%

Dec

9

4,600

%

Apr

1%

Jun

78%

Jan

104%

Dec

-ft

1%

1%

1,600

82 Va

83 Va

450

4%

3,700

2%

Jan

1%

Jan

.4%

L

4%

.

2%

1,200

1 Va

1ft

1 Va

11,900

ft

*

4'/a

4%

3,900

2%

5

Aug

IH

deb

Conv

\

5s

5s

B_

class.

V...

y.~t—

/Universal Insurance

*

-

Produces

Go.

8
preferred

Power & Light, $7

Utah

Products

Utility Equities common

'

-

Q

ft'ft/ft

v4

,

■■■■.

: : .ft....

22%

Aug

18%

Jan

26

Mar

26%

50

20%

Jan

28% July

3%

3%

2,300

2%

67%

2.150

51%

8%

2.000

64

66

7%

7%

5
...

L-l

2

2
92-

1%

-

600

92

25

37A

Dec

Jan

65 %

Dec

1%

Feb

74%

8% July

Jan

Jan

2 Va

88

Consolidated

3%

Va

3%

400
210

55

56

11%

11%

11%

5,600

11%

ll7/a

500

>

1%
27

Gen

60

Dec
Dec

Feb

12

8

Feb

-.-'■i/S,

•

5%

5%

5%

2,100

Wagner Bnkina voting trust ctfs ext..4
,\7%
preferred——.
ioo
Waitt & Bond claus A.
;
•

10%

10%

10%

1,200

Knitting

Went worth

Mills,;

Va

Western

1

&

"

110

23%

200'

1,23

4%

4%

—,——9

11 %

10%

footnotes

Inc

see

18

5

20

2,600

...

page

--




133.

7%

1

May
Feb

6

16 Va

16

11%
16%

10,700

HVa July

14%

Jan

25

Feb

4Vs

Jan

25 'A

Oct

4,400

7»A

Apr

5% July

112%

150

179

105%

108

103

1109% 112%
102% 103 ft

66

102% 102%
105
105 'i9¬
60
66%

A-0
J-D

Jf-N
J-D
J-J

J-D

65%

•

ft

67%

West

Illinois

/ft

3%s—
{International Power Sec—

(
i

5s

Pov/er
6s_

Debenture

Superpowei

Altallan

to

at 4%

Extended

&

....

Gas Light 4%s

P & L 4%s
ref 5s—

New

4%s

1963
1967
—1978
1955

——2022

series, A
Amsterdam

New Eng Gas Si

Gas

1948
—1947

5s

El Assn 5s

5s

—

Conv
New

New

deb

■.—^

3V»s
England Power Assn 5a;
England

Debenture

Oct

5s

Power

5%s

Elec &

...

i

1948
71950

—1961
—1948

10%

Dec

N

Y state

Apr

17%

Dec

N

Y Si Westchester

98%

105 %

ft

104'A

104

104 %

Ltg 4s_.__

2004

102%

104

119

125

99

93 Va

103%

61

101%
123

106%
124 Va

103

107

__

104% 104 3/4

"2

103 Va 104.

104

34

103%
104%

F-A

105 Va 105 Va

3-D

A-O

$105
$ 105

*105

102%

F-A

102%

*107 Va 108%

M-N

29%

F-A

109

33

42

25

5

ft2l%

2

"v..-'

30

31%

to 0

103%

106%

2

30

30

3-D

102 Va

93

■/•ft....

.

106%

93 Va

17

ft-

106

103%

;ftft: 22

103

105

102

—

102 Va 1C2%

103

75

102

106

/ftftlftft

J-J

102 %

64%

106

M-S

108 Vn

102 %

106

A-O

108%

103'%

67%

67

67%

J-J

105

103

103

198

104%

101

104% 104%
1104 Va 105 %

J-D

104

101%

103 Va 103%

J-J

104

Cfti

63

1-

97%
101

1101% 104%
■

105 Va

56

54

102%
105%

1124%

104

1

123
104%

102 Va

25

42

23

••/34%

wr—

ft'ft.i

5

25

2

22%

66

88%

36

42

31

33

32%

31

32%

97%

97

97%

71

73

29

60

77%

35 %

37 %

6

28%

40

106% 106 Va
108%
*119'/a 121

W-1

M-S

J-J

*111V* 112 Va

J-J

J-J

71%

J-J
J-J

;.

M-8

106%

•ft/

/ft.^'/

*103

J-D

J-J

A-0

~6

102% 102 Va

__

1

67

M-a
J-D
-

J-D

106%

•

109

106%

107%
122 Va

112%

107

109%

105

108%

99% 104%

106 %

107

J-D

$115

M-S

-fih>1
101%

uoo

F-A

103%

"TOTgr^V..:.;, 6
-'T15j%
W,

61%

69 %

105%

108%

102%

106

104%

108

10O

"*"vift26
106 "107%"-"*" " 2
104% 104%"*
6
"67

64

99

106
.

99%

J-J

-

37%

109

$ 106 % 108%

A-O

,

120

107% :s

106

106

FA

101%

106%

111

114%

120

110%

113

_

llOVa 110'/a /'ft

J-J
M-S

91

3-D

91 Va

M-N

91

A-O

.102%
104

M-N

J-J

87%
87

"87%

ft'

92»/a:/ ft "

6
64

92%

42

92%

124

$107% 108%

M-N

1954

Gas 3%s_.19«4

Jan

3

J-D

1949
1981.

Suffolk Ltg 5s
Power

105%

104%

A-O

1948
1945

Minnesota

1st

97%

102%

M-d

...1966

3%s

stamped—
Petrol fl'/as

Corp 6s

Milwaukee

106

16

123

M-S

& Electric

Superior Dlst Pow

98 %

F-A

6s_.—.1—21.2022
Kansas Power & Light 3%s—.——1969
Kentucky Utilities 4s
—
1970
Lake

54

F-A

Jersey Cent Pow & Lt 3%s—-——.1965
Kansas Electric Power 3%s
—1966
Kansas Gas

99%

105% 105 Va

105%

coupon)

1941

(July

105

~1

M-S

.."3952
1952
1957
————1952
6s——
1963"

F

series

A7s

104%

104 Va

104% 104%

A-O

A6V2S

A7s

ft 79

101%

1

108%

(Dec 1 1941 coup)—.1955
A7? series E
......1957
A7s
(Aug 1941 coupon)——1957

/ftft

62

45

111

—1955

C

series

A6V2S

L.

P-&

Indianapolis

69

.

64

.63%

105 Va

:

5s-i

ref 5s—

&

37

108

1957
—1950
1963
19?0

ref 5%s series B
Service

36%

1108% 109 %
103% 103%

Jan 1949

Co—•

Power

-

1st &

Indiana

105%

516

1107% 109

Jan 1949

B—

series

5

372

;ft

ft

J-D

1958

6s

Hygrade Food 6s ser A
6s

103%
107

J-D

1953

Prod 6s__
&

Guantanamo

99%

J-J

General Rayon Co

Grocery Store

103%

10

104% 105%

104%

A-O

6s ser A——1948
Georgia Power & Light 5s
—1978
Grand Trunk West 4s
1950
Great Nor Power 5s stpd
1950
Green Mountain Pow 3%
—1963
A

101 %

102% 102%

J-J

5s__

Serv

67

34

1104% 105 Va
105
105 ,ft

M-3

A-O

59%

68%
102%

A-0

F-A

12

112% 113%

J-D

Dec

Jan

120%

175

—1953

Pub

General

Dec

5Va

115%

119

1160

112%

Dec

Dec

3%

112%

1119% 122

Q-F

.,.1969/

A

3%s

Power

Gatineau

6s

108

15

109

M-N

J-D

1956
2030
Elmira Water Lt & RR bs——.1956
Federal Water Service 5VaS_—.—.1954"

•

...

29%

106

1107% 108%

M-S

Power-& Light 5s__;

Nassau &

94% Mar

108

preferred

Coke

Air Lines

For
'

Coal

18

...—fl

Manufacturing

West Texas Utility $8
West

23

20

>

Class B
Wavne

3

jrut"

100%

M-S

1958

Nebraska

<50 if"-

lVa

108
23 Va

101

& Fuel 4s ser A

Eastern Gas

15% July

>

Co...

85%

;—1954

4%s

mtge

Electric

3% July

Feb
Jan

8 Va

W
Aircraft

ser Q~

Continental Gas & El 5s

Dec

iiur'i

Waco

29

99% 100V4

41

Midland Valley RR—

55

•

22%

(Bait City)—

Gas

Middle States

a

-

July

V
3

53

1976

P

Nov

Jan

4
.

5%

Jan

31%

Va

1971
1969

....

ser

ref mtge 12%s

1st

McCord

ft..

l'

preferred
Petroleum..'

Manufacturing

Vogt

Feb

9,800

"5%

ft

:•

convertiole

VenezutJan

7,800

22%

26%

,1
,:'

ty,alspar Corp common
$4

6,:

20%

ft

10c

:

La.

•:

':

_•

1

,,'^$5.50 priority stock.
VU'h ft

5%

20

.6

22%

•

;

.Utah-Idaho Sugar—,
.Utah'.Radio

1

Jan

N

mtge 3s

ref

1st

Nov

13% July

100

10

s—

.Universal Pictures copimon....
universal

7

16

Feb

12V4

12%

_•

Cooler class A

Universal

12

10

30%

29

29

(Bait)—

El Lt & Pr

series

3As

Interstate

Universal Consolidated Oil—...

...

5s

Debenture

Sefl

"

5s

Debenture

Dec

5 %

Jan

1%

Nov

2%

v

Apr

4%

2 'A

*
50c

__2

.United Wallpaper, Inc

Dec

1%

il

.TtCBf Rubber Reclaiming

8%

83%

-

/.f%S "and International Securities

20%

18%

5%' Jan

7,500

29%

22%

29

—..1955
Jan 1966
—:—1950
1
1958
1969

B—

1st lien

8%

29 Va

23

29

31%

M-S

Service

Cities

Dec

10 %

600

77%

1"

23

239

31V4

M-S

series

6s

.

Dec

12

6% Mar

25

common

i

Dec

Jun

23

Machinery

United Specialties common..—

/ 71

7%
14 Va

10

-..^Preferred

Dec

iff

100
25c

"}■'[ *0%, preferred

Feb

8

19,900

16

6 V2

Sharing

Profit

V-1 7%

May

302

31%

30%

.1927
—1952

Rj's 5s ctfs
Cincinnati St Ry 5%s A

3 Va July

4 Va Aug
V 5% Feb

United Molasses Co Ltd—
United NJ RR & Canal

Jan

.

29%;

31

F-A

5s——1948

SAChicago

Nov

100

-

24

24

~2%

ftft^mer' dep rets ord regis
"United

7%

66

12%

•

A

United Light & Power common
Common class B
ft.

•
10

Corp'-_rrT
common—I

Corii

Gas

2%

Jan

2 Va

100

95

23

A-O

..................a.......1954

.7. a5%s

13% July

2%

2.000

3%s

§ACentral States Electric

>

"6%

79%

30

239

1953
1964

5s

Power

El & Gas

Central 111

Consol Gas
6%

2%s—

Northern

Canada

9% July

Jan

1.300

•

Dec

1 % Mar

(ft Mar

-1

Jan

lVa Aug
4% July

May

9% Mar

7%

I

'115

Dec

U Jan
3

6,000

,/

<ft

:

ftft

5.200

4 Va

38

1% July
80

6%s

Edison
f;V*.

Dec

110

2.200

109

30 %

30%

F- A

1957
1960
.—1998
—.i—1962
1970

C

Bickford's Inc

Feb

112%
1 Va
4

3f-8

94%

J- J

i—i

series B

5s

Bethlehem Steel 6s

u
Udylite

M

series

5s

Jun

:13%

Jan

58

340

,

109%
128

29

"V

of Canada—

Dec

106 ft July

75

102

123%

92

93%

J-J

—1964

Eiec 3'As

Telephone

1st

Dec

4%

Feb

9%

100

12%

73%

74%

*
1
•

Tung-Sol Lamp Works.:
f 80c
convertible preferred

Bell

Boston

1%

_

Oct

,62

Feb

106%

99

107%

Dec

11

•

5%s

Atlantic City

ft

i

1977
1955

5s

deb 5%s A

Assoc T & T

110

ft 101%

1968

5s

deb

AConv

11V4 July

Jan

3%

warrants

Tvi-Continental
Trunz

.

Corp

Lux

Trans

Trans western

10

9%

57

•
•
100
100
1
1
10

;

preferred

6%

9%

9%
10

12%

def reg

recs

Edison

Toledo

6%-

ft.

Todd Shipyards Corp

Oct

A 500

14%

26

6 V2

-*

-

Nov

.7

6%

12%

2S%

•

Stocks

Product

Tobacco

119%

Mar

6

ADebenture

24% July

!>

14%

—

Tobacco & Allied

118

118

Dec

108%

*

106%

.'.ft'i

ft

127

1124

A-O

/ 106

ft ft-

1948
1949
1950

4%s—.—!

AConv deb

,

'••'"'

3-D

.1953

4%s

Elec

Associated

1109% 111
105% 106%

106%

105

102 Va

$103
1107

J-J ft

High

Low

No.

M-S

2024

Year 1944

ft Sold

Miah

104
ft 108

Range for

Bonds

Friday's

or

Bid & Asked

J-J

197C

Elec Pow 3V4?
Appalachian Pow deb 6s

Appalachian

Sep

28

Feb

23%

27%

pfd

Light 7%

Power &

Texas

6'A

Jan

5

400

27%

Technicolor Inc common

4% July

J-J

-1950
—.—1960
1970
2016
1961

debs

3 VaS

AConv

Tampa

Dec

11'A

Week's Range

Last

Sale Price

low

AConv

5%

Jun

2Va

lAssociated

5%

6

7%

3ft

Electric Co.—

American Gas Si

'•V; 3 V4 AUg
14% July

May

44

*

common

Feb

Aug

17

1,100 ft

18%

Feb

%

11%

.'TOO A'
3,250

13%

12

Apr

14'A May

Jan

11%

213

Jun

1%
8%

"l% ~1%
13%

Jan

111

Apr

7

Nov

100

Va

4

•

12%

Jan

3,000

5

3%'

Oct

6V8

900

Friday

BONDS

Aug

9

1,100

*

Pinch Oil Corp

Swan

'5%

3%

•
I
*
•f
1

Co common

& Co common

(S)

5%

7'A Nov
12V4

Nov

4%

3% Jan

•

Ltd

14'A July
Jan
Feb

100

6

Dec

110

Nov

15%

New

1
1
1

Products

Sterling Brewers Inc

—

6

Dec

21

3
..

—

11

receipts

deposit

American

Wright Hargreaves

I

12%

Feb

10

300

6Va

6 Va

Jan

8%

100

14

14

— —

Period

Sterling Aluminum

200

1,800

Dec

Jan

12

12%

8%
8

12

21

Dec

5.

13 %

11%

20'% Aug

Nov

'

12%

Jan

Dec

60%

43%

100'

10%

16

Dec

3Vs

Apr

53% Mar
10%

28 V4 May

July

3,400

10%

Jan

ftft, ft

■

Dec

23

■ft

2,600

—

Nov

29

ft July

Va May

50
20

■

140

Dec

Jan

7%

3,700

3%

Jan

"54

900

ft

50

28V*

5«

Cement

Dec

19%

%

27%

Jan

18% Mar

84

'V'

'

iift

pfd—100
10
1

Light .7%

21%

12%

'

20

—

*

common B

Wisconsin

Jan

ft

111

Inc

Products

Wiilson

Heating

Feb

100

28'A
'

•
•
1

Co

17%

%

110

1

&

C)

16

lif

f.

'

29

12

10

2

1,200

.

vr—

29

1944
High

Low

Nov

1%

Jan

'

—.'

—

Range for Year

High

Low

vv\7

1

Weyenberg Shoe Mfg—
Wichita River Oil Corp

ft Feb

ft

11.0

12%

»--ft
——1 •

preferred.

2d

Dec

%

Products Co
1
Standard Silver Lead
1
Standard Tube class B
1
Starrett (The) Corp voting trust ctfs..1
Steel Co of Canada—
—
•

5%

Dec

6

%

110

Preferred

& Co common

56

Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com
•
Westmoreland Coal.,
20
Westmoreland Inc
—10

300

21

18 Va

Shares

vPar

50

21-

18%

Standard

(A)

Dec

14

Jan

6

400

3%

3%

.1

convertible preferred.—_—20
Oil (Ky)
-10
Standard Oil (Ohio)—5% pfd
100
Standard Power & Light
1
Common class B
$1.60

Sterchl Bros Stores
6% 1st preferred

Dec

9% Aug

ft

9% Mar

6,700

28%

for Week

Western

Winnipeg Elec

Standard

Stein

27%

Oct

3% May
2% Jan

700

1

20%

131
12 Va

Jan

40

100

5

15

27%

10

Standard Dredging Corp common

2,400

19

19%

::

100

5%

~1

2-7B

preferred

Convertible

14%
52%

5 '/a

5

---

Standard Brewing Co
Standard Cap & Seal common—

800

14%

~5%

„

Jun

8%

11:./A 7.;;.

tiign

July

5%

300

52%

14'A

o

Siioe Corp—
Stahl-Meyer
Inc

300

9%

9%

9%

1st pfd——•

Ojjciiocx

Low

10%

10

10%

10

Line

Southern

Range for Year 1944

121

New England Telephone—100
Phosphate Co
-10

Southern

Sales

Range
of Prices

Friday

Curb Exchange

York

New

Hia*■

LOW

P*T

Week's

Last
Sale Price

STOCKS

Friday

STOCKS

JAN. 5

FOR WEEK ENDING

RANGE

Monday, January 8, 1945

& FINANCIAL CHRONICLE

/■/■-—'

102%

27
26

102

103% 104%
J108% 109%

1101% 102 Va

.ft
'

72%
72%

72%
107

88%
88%

88%
110

95%

103

97%

104

108 Va

111

101%

107%

\

EXCHANGE

NEW YORK CURB

Curb

Last

Interest

Exchange

Low

No.

High

Low

Ofden Gas 1st
1st

mtge

1945
1968

A-0

1971

mtge

92%

Vi

A-O

i

3148

3s.;

1st

J-J

Af-N

5s

Power

Ohio

92

1948

(8% redeemed)

«...

1962
1948

.1955

106%

P-a

Public

Pacific

Service

&

Power

4s

Transit

bs

A 5s

104%

107%
109%

106

108%

—

F- A

Jkf-S

108

$106% 107%

Western

107 Vi

6s

Co

5s

Power

102'4

92%

1959

3-D

108% 108'4

106%

2030

J-D
a-o

1960

j-d

1959

F-a
j-d
j-d

5s
5s

103

103

11

102

106%

153

153

14

137%

$106

a-o

105% 105%

1979

J-D

$107 '4 109

1952

M-a

$126

1951
1951
1967
1970

:-u

102

102

4

Jersey—

New

A

series

Water 4 Vis

Harbor

Joaquin Lt

San

6s 3

& Pwr

Estate -6s

Real

ASchulte

Scullln Steel lnc mtge 3s—

Shawlnigan Water & Pwr 4 Vis
1st 4Vis series D

108

104

90

113

Union—

1937
1947

stpd

5s

99 Vi

Gas

Counties

a-o

104

a-o

88%

.

59

103 %

$05%

22

103

105'%

103 Vi

96

103 Vi 103%

86% ; 96

:

M-S

f-a

Af-s

6s

107

Agricultural Mortgage Bank (Col)-—
.*
A 20-year
7s
.April 1948
f
A 20-year 7s
—
__Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
—1948

109

A

105%

103%

92%

-■72%

55

92 Vi

Extended

ALima

AMedellln

101%
14

lOOVi

26

101.

100

83 Vi

86%

99*%

97%

96%

97%

45

f-a

97%'-

96%

97%

48

86%.

99%

j-d

.97%

96%

97%

51

86%

98%

ARio

f-a

97%

96%

97%

2T

86%

987a

-ARussian

f

•

J-J

Mortgage Bank of

—

:

of

Certificates

40

86%-

70

21

'.

3374

,$27

7145

19

\

a

series

1968

J

N

4s—

J-J

J-D

$118

106

—7''

•v"

$1107

—

105

4

80

80

62

$72

80

60

85

38

18%

21

'"$15%

—■

85

•'

$16%

18%

16%.

22

.$38%

41%.

34 Va

46'-

' 4-

m-n
j-d

36

$34

Af-N
a-o
j-d

$41

18

--

34%'
>

33 Vi

41 %

36

v

41 Vi

$41

—1958

1

—

•

'
%

1959
67a®—;—1919
—.1921
—

$16

22

16

% 17%

j-d

$70

79

58

79%

m-b

$39%

j-J :
j-d
j-j

-

.

4134

34

43%

5%"

5%

57

37a

■•.to

5%

•;;v. 5%

5%
5%

2

38%. 38%

>f

,.'i

—
,

33

35

37a

■"8%

8%

•T/ n

r

a

Ex-dividend.

x

§Reported in receivership.

<!

V

_

^

-

*

u

.

t

■

.«'*T '

'

_

certificates of deposit; "cons," consolidated; "cum,"

cumula¬

"n-v," non-voting stock; "vtc," voting trust certificates;
i," when Issued; "w w," with warrants; "x w," without warrants.

1057a

—

rt

* -»

1

•

Abbreviations used above—"cod,"

>

.

sales being transacted during current week.

"1087a
119

i

-

.

•

-

111 7

tive; "Conv," convertible-; "M,"-mortgager

110

2""

7

11074

See Long Island
and preferred, pending court hearing.
News'' column, 777':
Deferred delivery sale,
d Ex-interest, e Odd-lot sale, n Under-the-rule sale,

common

$Frlday's bid and asked prices; no
A Bonds be-lng traded flat.

106%

1177a

119

106

—7r

••

104 Vi

22.

7: 1057a 106

J-J

1949

;;7.:

par value,

sale,

Cash

41%

2074

.

104% 105%

—

M-N

2022

3%s

Electric

United

1956

.

Edison

Toledo

1960

5s

St Light 5s

Texas Powex
6s

Service

Electric

Texas

M

J-J

l6Vi [ 30%

—

.

m-s

V

1972

(ITrading suspended in new

'

7

Government
—

•No

35

$27

:

—

28%

Lighting item in our "Investment
r

A-O

61%

28%

L
.

j-j

—1947
1947
1931

Denmark 5s

(State) Us
de Janeiro 6%s_.

.A5%s

deposit%

54

29%+^c6%

Industries—

...—1946

62

65

il3!i

AParana

v

—.1949
A

r

97%

66%

97
69

High

51%

98%

96%

f-a

a-o

Low

99 Vi

a-o

1957
.—1950

Year 1944

$61

•'

—

>

AMortgage Bank *of Chile 6s
97%

96%

Corp—

Btinnes, (Hugo)

i

(issue of Oct. 1927)

A7s

r

1951

6s

Range for

Sold

No.

High
63

28%

f-a

1951

Mortgage Bank of Bogota—
A7s (issue of May 1927)

104%

Dec 1 1968

St Light

stamped:

7s

106'% 108%

105%

97%

Bonds

Bid & Asked

<■...>

—1958

106%

101

'

m-n

!

7s

105

87

Corp lnc 5s_

(Hugo)

100%

$61

j-d

1952
6%s &tamped_1958

$106

105%-

a-o

-

—

—

(Peru)

City

AMaranho

—1957

6s

5s_

Danzig. Port &: Waterways—
AExternal 6V4s stamped

m-n

.—z

Power

AStarreit

Btinnes

100 '%

96%

Friday's

or
.

Sale Price

A-O
j-j

-1955
1953

5%s

Danish

106%
m

-.

Standard

101'4

96%

Week's Range

Friday

V Last

Interest

Curb Exchanga

York

New

■

1989

debentures

gold

104

4

91%

■

■

—May 1948
--May 1948

6s

Debenture

92

f-a

1970

2022

(stamped)
—
Conv 6s stamped—1.

:

19

$103% 105%

j- j

^.1951

8s—

6s
:

106%

106'% 106 Vi

106 Vi

A-O

Spalding (A G) deb 5s
j
Standard Gas & Electric—:

v-Debenture

85

10

105%

104

105

(Calif)—

Rys :4s—.

& L

104%

1

106 Vi 106%

104%

Southwestern Ga®& Elec 3'%s

P

4

104 Vi 104%

105

j-j

r,

*

2

.

j-j

1971

mtge 3s
Southern Indiana
1st

Southwestern

1

99:%

$99% 100

Low

96

.96

1970

3s
3 Vis

Gas

California

Southern
v

101

101

—

Period

.103% 104

a-o

1965

5s
Edison

Power

California

Southern

1097a
119

*■

128

73%

•

;.

'/cr<iv

Southern

105%

114'4

2

Foreign Governments & Municipalities

105%

98'4
126%

$86%

1947
1957

Wyoming Coal 6s

Carolina

South

108

109

110'/a

102%

•

Sheridan

Vi 109 Vi

$ 1177b 121

BONDS

Safe

58

24%
105

108 34

107

109

109%

154

_

certificates

perpetual

5 Vis

179

65

58

60

j-d

1964

5s

109

J-D

M-N

B

M-a

1964
1949

4Vis

Queens Borough Gas Si Electric—
■■■-.

115%.

111% 116 VV

of Colorado—

of

Service

6%

107%

104

100%

j.j

1st mtge 3 Vis
Sinking fund deb 4s

Public

103%

$102

1950

1952

(Can)

Corp

Public Service Co
^

[027b

Co—

extended.*

stamped

109%;

112-%

17

116

116

116

m-s

1951

debentures

f

s

Rys

High

102

112% 112%

A

•

Af-N/

1954

Newspaper

conv

lAYorx

Low

.

37aS—

Traction

Penn

AStamped
Portland Gas & Coke

-

——2024

Elec 4s
Electric

Penn

West

117

106

109% 110

109%

West

108%

106%

108% 108%

J-J

Water Power

Year 1944

105% 106'4

~

,

debs

income

Ry &

Wash

105%

11

106% 107%

•/,.

A

series

6s

Wash

61

$108%

1962

5 Vis

Power

P-a

(Delaware)

Waldorf-Astoria Hotel—

105%

40

,64

$106% 107

1970

Elec
Rapid

104%

■

Af-N

106 =

a-o

Debenture

Range for

Sold
NO.

$104% 105

a-o

5Vis

cons

Utah Power & Light Co--

J-D

1972

3'As

Philadelphia

109%

103 %

$60

M-N

Pennsylvania Water & Power 3'%s_1964
Philadelphia

107%

101%

J-J

1979

5s

1st

110

105'/e
105%

104% 105

105

1977

1st mtge 3s
Penn Central Lt & Pwr 4Vis

107%

14

105 Vi 106 Vi

.

6s

22

$101 Vi 103

1964

Park Lexington

109%

1107.14108

F-A

Light. 5s__.

109

1959

5%s_1952

Light & Railways (Maine)—
series A
1952

&

Bonds

High

Co—

Power

United

104%

'

&

Lt & Rys

United
101

101%

109%

Light

lien

1st

95%

82

93

tlOl

F-A

Oklahoma Power & Water 5s

Ohio

Range

Friday's

or

Bid & Asked

High
United

5'%s series A

Friday
Last
Sale Price

Low

Continental Utility Corp—

North

Exchanga

Curb

.Year 1944

Sold

Bid & Asked

Sale Price

Period

Week's

Interest
Period

York

New

Range for

Bonds

Friday's

or

'

BONDS

Week's Range

Friday

BONDS
York

New

WEEK ENDING JAN. 5

FOR

RANGE

133

8c FINANCIAL CHRONICLE

THE COMMERCIAL

Number 4349.

161

Volume

1117b

"w

OTHER STOCK EXCHANGES
:

5

RANGE FOR WEEK ENDING JAN.

n-c

Friday

Baltimore Stock
7".

j'v.;:''■ v.'.'•/

7's

'1-it

••

STOCKS

Week's,.
Range v.

Friday

-•

.

Last

,

Sale Price

•[/

Corporation

Arundel

:-i6"''vy-

•

Bait Transit Co common vtc

,

3.25

3.25

2174

.

Range for Year 1944

21%

3.45

560

22

580

1474

High

.

1.00 May

Jan

18

Apr

3.80

.

Eastern

v

preferred

4% r/o

& Deposit Co
Realty Co 6%

Houston

Oil of Texas 6%

5%

a

.

7-/

50 7

Fidelity & Guar_—

3874

Westerti National Bank

.

.

Bonds—

'

:r'M:
'•♦'

;

•>

A

series

,.5s

"

117'%

20

136

30

90

7 Aug.

33

27

Feb

766

90
27

20.*
35.

14

14

38%

39

-7

365

38%

3874

7',',38

Engineers

•General i

Dec

General

.13'%: Sep
41
.Tan

Gillette

90

Apr

27'%

rJun

71%

73 Vi

$13,000

82

81

82'%

17,600

66%.

66'%

1,000

Jan

39

51

Jan

70

Isle

Stores—;
Service—•—_—

Dec

66'% Juiy

(Del)

:

5%

common.

preferred

•—

Mass Util Associates

National

STOCKS—

Week's

Range

Sale Price
Par

American

Sugar Refining—.!—

American

Tel

American

Woolen

Anaconda

Copper

&

100

._

164V4
■>

■

&

—100

Albany RR

Boston

Edison

Boston

Elevated

Boston

Herald

Boston

&

r-

117

$—100
'

Range for Year 1944
High

Lou>
75

2,297

29

155%

5574

Feb

167

Jan1

RR—

7%

Dec

class A 1st

Stamped

_

class B

1st pfd

_'
stamped—

7%

class C

1st pfd

stamped— -U-100

10%
4

pfd stamped-

96%

Jan

116'%

Dec

3,347

32%

Jan

37%

Dec

Torrington

410

65'/4

Sep

74'%

37'%
70

25'%

Jan

26'%

Dec

Boston

Personal

Boston

&

Calumet

Cities

Hecla

Service

Copper

Range

For

_

_

______

_

_

Co

footnotes

see




page

139.

Jan

65%

Dec

United

Fruit

Jan

9'%

Dec

United

Shoe Mach

550

4

Jan

10%

Dec

1274

400

5

Jan

12

Dec

U S Rubber

12

317

5

Jan

11

Dec

Waldorf

Dec

Warren

:

Jan

6

Feb

12

Apr

14%

28%

Jan

42%

Feb

May

7-3/a

Dec

17'%

Mar

50
'

266

6

7%
"

_10

13%
48

-9%

153/4

5

55

9

13%

8

3%

575

15%

40

48

5

*

Drug lnc

11%

100

8%

/ .16%

Jan
Jan

10.

36'%

j

44%
36'%

Feb

31.18

.

200.

73%

1%

1%

200

1

Jan

38%

77 804

29%

Jun

2%

Feb

6.1/4

6%

100

7'/8

4,576

44'% ;/

17b

1,280
200

l'/a

66%

•"*

20

3'%
60c

27c

-•

117a

.

,

7

8'%

840

16%

16%

15

1234

8%

9%

300

5%

Oct

Jan

774 Mar

.

8%

6%

Co

4

common—

preferred
—

—

System lnc
(S D) Co

Westinghouse Elec & Mfg—

Nov

:

12

>

Dec

17'% July
33c

May

Dec

;;7;..•

42

'

49 '

:

1093/b 112'%
33c

35c

40C

30c
v

50c

42%

427b

33%

f

35

--

■

35
2

:

Feb

41'%

Aug

1033%

Apr

114 %

Nov

5,385

30c

Jan

1,020

10c

326

243/4

170

■

46c
Mar
I'Vi'iT

174
.

12%

2^7

Feb

Jan.

45c

80

257b

Jan

42%

Dec

2,047

2578

Jan

33%

Dec

86c

Feb

875

1274

25

.~

974

-■

27a' Jun
1274

Jan

Dec

1% July

7a Mar

1%

421

12%

Jan

15%

Dec

11%

11%

650

774

Apr

12%

Dec

57b

425

2%

Jan

4%

Apr

37

377a

675

30

377s

400

15%

47a

117a

1%

157»

30

32

38

May

W Nov
•
-

31

;Dec

15

23%

Apr

17V4

17 7b

100

12 72

Feb

17% July

937b

8934

937s

394

757a

Jan

91%

77

777b

725

6974

Jan

78

77

45%

45%

125

42

Jan

457a

517a

53 y8

53%-Jun

10
*
*

14%

50

Dec

1'% Mat

66'%

Feb

5c

44%

Jan

355
300

1,355

9 '

Dec

8

Jan

16'%

Jun

6% Dec

Jan

28C

8'%
15%

Dec

Deb

373'b Dec

Jan

47'%

;

Jan

23'%

.

•.

Dec

16%
2'%

Jan

~

%"•'

Oct

40Va

33'% May

1,043
:

16%

41.'%

Dep

'

40

.

66%

5
-5
*
25
25

Drill

Twist

10%

.

RR

26

*

—

Union

ii%

»

Trust

Prop

Providence
&

'Dec

17'%';Pec

35%

6%

67s
44(4

preferred

Co

United

90

400

8%

41

Jan

36%

Mar

19

265

157a

—50
25

Oct

11%

71c

RR

Rutland

845

...

—

18%

150

Apr

9%

15%

100

1st

——

Jan

171/4

12

100

D

RR

Pennsylvania

63'%

100

class E 1st pfd stamped-

class

'%%>

-

Feb

14'%

33

15%

--

*

*
100
Shawmut Assn
*
Stone & Webster lnc:
:
*
Suburban Elec Securities common—*.

Feb y

61

«-—•

100

;

•Quincy Mining CO—.—
Reece Button Hole Mach

12

-

100

8%

Mills

Pacific

117a

100

Dec

35

:100

260

;

—2.50

Old Colony RR—

9%

61

,.—100

preferred-—i.—

14

16%

3674

49
112%:

Dec

24%

t. ...

prior preferred

5%

21% Mar

Jan

43%

39

:

157a

*
100

Dec

7%

1,327

69 '/a

Dec

■

Maine

—

1574

9%

94

30%

37%

43%
—
'

5
1

29 74

9%

29

25

69%

♦

Corp_!_

Shares

High

115% 117

377a

•—,

Ry
Traveler

England Tel & Tel
North Butte Mining—

Sales

55%

9'/s

':

:

Cos.:

.

Jan

9'%

..

.*
—1

New

17

7

*

Bird & Son Inc_.._
Boston

:

_

Service

16%

Dec

Jan'

13

•

500

40

Dec

111'%

92

1,555

14

Dec

50%

Jan

42%

1

England Gas & Elec Assn—
5%% preferred —
—

95.;

17

84

for Week

163% 164'%

53%

—L—

Tel

of Prices
Low

:

7

•32'%

500

New

Boston Stock Exchange

Jan

16.Va

100

4—

vtc

Nash-Kelvinator

Last

13

16.'%

5
—100

common

RR

100

40

*

Copper

Central

Mergehthaler Linotype
Narragansett Rao'g Assn lnc

Friday

14

,}

*
15

Royale Copper

Maine

49

16%

-*
*
1

*

Electric

Safety Razor Co

Lamson Corp

Dec

:-80

Jan-

66%. July

.*

common—

Stores—.-———-—---* ".
Capital CorpJ
. 1

Kennecott

59'%

lnc

125

103'% 107'%

Nov

33%

'7777 7

73

Public

Juri

1%

5674 Jan

84

49

103'%
— '

100
100

National

July

Jan

24-

35

Grocery

Economy

Sep

High1-'

,

90c

83%

83%.
49

Nov

81

9% Mar

Lines

Low °
200

1%

" ;

preferred

conv

Dec

9Q'%
31

*

:

1951

$2

First

27

SS

Eastern

Mar

160

July

93

Aug

-11%

77»- Oct

2874

1975

—

4s___——vJ—,—;r-

Maryland 81 Pa

Jan.

115

160

1975

Baltimore Transit Co 4s
.

.'??>

14

..10

30.

....

2874
89

90

.2

Commercial, common

Seaboard

v

.100

Casualty

77»

2274- Dec

Apr

93

93

pfd vtc. ..25

7%

160

160

pfd stmp. .100

Vernon-Woodbury Mills pfd—

Mt

New Amsterdam

rr

7

20

Guilford

Fidelity

5

116% 116%

B—_

Assoc com vtc_>,,

Eastern Sugars

7

10

Ry—•

1st pfd series A
preferred adjustment-'—

6%

Dec
•

t c

v

Street

Mass

1%

100
100

—

preferred

6'Jo

■

—...

Range for Year 1941

Shares

High

Low

Associates—

Fuel

&

prior preferred

4%7e

"

Preferred

-

Gas

Eastern

LOW

1,100

-

Eftlst "Boston Co—

for Week

16%

16

Last

for Week

Sale Price

High

Low

*

Sales

Range
of Prices

Par

Sales

Shares

of Prices

Por

stocks—

Exchange

Week's

377a

245

407a

Feb

137b

14 Va

215

1078

Jan

37%

37 7a

220

207a

Jan

123% 125

289

91%

Dec
July

Dec

14 7a-Dec
38

Nov

119%: Dec

Feb

Sep

Dec

Bonds—
American Tel

& Tel

conv

3s— ,...1956

Boston & Maine RR—
lnc mtge

4 % % series A

1970

1237a 123%

$10,100

121% Sep

72%

1.000

5274 Jan

72%

.

1247a Dec
66% Dec

THE COMMERCIAL &

134

Monday, January 8, 1945

FINANCIAL CHRONICLE

OTHER STOCK EXCHANGES
RANGE

FOR WEEK ENDING JAN. 5

Friday

Week's

Last

of Prices

Sale Price

STOCKS—

Low

Par

Acme Steel Co

Tel

&

Armour

common

Co

Asbestos Mfg Co common:—

capital

Athey Truss Wheel

Aviation Corp (Delaware)—>

Mfg Co
Beftffont Radio
Belden

common

(E L) common—

Brothers

Butler

Castle' & Co

Common

preferred——

Apr

1%

1%

200

%

1%

%

100

129

131

82%

40

131

83%

Jun

103%
1%

Jan

111

58%

129 %

Jan

83

Jun

Adv

Jun

22%

Jan

16%
7%

53%

54%

700

44%

Jun

55

(H W)

200

33%

Dec

39

25

28%

2,350

58%

300
60

(Geo)

Jan

63 %

Aug

98

Jun

12%

Nov

Jan

23

16%

17.

19

19

15

16%

18%

4%

4%

Feb

60

Jan

10

18%

Jan

19

Feb

93%

Jan

30%

15%

21%

Jan

18%

Feb

27

32%

:

:

100

v

50

200

32%

Dec

Jan

33%

Jun

44%

•

Jan

28

500

32

Sep

49%

%

13%

150

11%

100 iii

12

Jan

36%

37

33%

79%

80%

77

34

35'A

850

23%

59%

62%

1,500

50%

50

■

17%

Nov

Jun

37%

Dec

Apr

82%

Jan

Jan

35%

Dec

63'A July

4%

:

7%

7%

450

3%

32%

32%

100

26%

Apr

45

15

15

*

0

31

Dec

48% July

100

45-

0

8% July

.

42 »A

Jan

90

11%

Apr

15%

; -

■

Dec

6%

950

:2Tb'

Jan

6 Tb

900

8%

Jan

12%

Oct

10

Dec

Oct,

<

11%

11%

11%

10

<9%

10%

700

4%. Jan

7%

2

capital

7%

100

5%

Feb

9

Feb

5

Jit i'J,

8% July

#

St San com

900

11%

30%

50

12

29

•

Mining

30%

•

I

69 V*

69%
:e%

69%

6%

1,700

29 %

Dec

Jan

83

Dec

56%

250

Jan

56%

:■

•

12% Aug

24%

4,850

100

com

common

—

Iron

Corp

Jan

66% July

5

10

200

26

24

24%

29%

1

Incorporated

—.

16%

Dec

Pure Oil Co

Jan

18%

Dec

Radio Corp of America

15

Oct

Standard

Brands

'-/17

10% July

16% Jan

13

550

Jan

14 V*

775

29%

Jan

Apr

17% July

15 Tb

Jan

23%

23'A

Feb

30

150

18%

Jan

58

10% Apr

Rubber Co

20%

common—

15

1,350

8%

2,100

Dec
Dec

Jan

51% July

Sep

37%

200

10%

19%

Dec

11%

18

Mar

12

July

Apr

350

■/

32% July

Sep.
Apr

58% July

14

100

19%

21% July

Dec

40%

57 V*

18%

Apr

51

2,950

56%
18%

16

28%

.

Feb

53% July

20% July

36% Dec

100

S

1,0%

25%

1,000

.

17%

16%

10%

20%

♦
25
—1
10

common—

N J

Standard Oil of

6% Mar

-

common

.17%

•

(The) common

•

Republic Steel Corp common

Dec

40

1,850

30%
48%

48Tb

48%

i——*
—•

Nov

Apr
Jan

4,450

16'A

23

»

7%

35

800

15%

15%

♦

capital

Feb

4% Nov

9%
26

1

.

4% Jun

.

500

40

25'A

•

;

common

Co common

14'A

10% Jan

5%
39 %

•

Co

15%

1,700

7%
32%

100

common

Corp

(Glen L)

Pullman

.900

23

200

Apr
Jatt

61%

—,_j•,

50

2,550

80%

Jan

13% Mar

Sep

17

13%

l

common

Corp
York Central RR

New

Dec

36%

1'55% 1-55%

8

U

Aug

common

--

Dec

*

12

13%

—1
*
10
*

7

14

"i

200

34

"

1,550

12% Jap

10%

Jan

14

Aug

32

■

Dec

64%

7'A

41%

100

63%

64%

1,000

3%

500

41%

7

7%

Jan

Dec

66

11'A

100

4 Tb

Jan

13

16%

700

8

Jan

16%

5Tb Nov

9'A

Dec

9

10

10

400

16%
20%

17

130

13

Jan

17

20

20%

750

19

Nov;;;

21% July

Sep

22

%

100

15%

22

Apr

Dec

550

8'A

Apr

12

Dec

Cincinnati Street

14

1,000

9'A

Jan

14

Nov

Cincinnati Telephone

50

Oct

48%

100

37

Jan

14%

120

12

Sep

14% July

39%

40

110

34%

Feb

40

17

39%

17

100

13 Tb

Jan

18% Aug

3%

—

3Tb

100

l'A

7%

7%

900

4

22%

23%

1,500

Xl9%

23

19%

300

10%
16

Dow Drug

Oct

Gibson

Dec

Kahn 1st

20

Jan

May

Oct

Kroger

1

6%

6%

100

12%

12%

200

4'/a

8% July

5% May

*

V

15% Oct

Jan.

7%

7%

31

39%

96
31

38%

39%

40
50

400

97

5%

6

550

98

10%

Jan
Nov

•'

1%

.1;

S

Oct

6

Dec

7

7%

8%

7,050

6%

Apr

8Va July

Jun

8

Jun

Mar

80

July

Jan

14

Nov

427

17%

Apr

31%

pec

20

5'A

Jan

8%

Nov

29% 33
8

Apr

14

July

5

30

May

35

Jan

210

14%
34

41%

29

Jan

42

49%

Nov

50%

Oct

Nov

10%

75

49%
37%

37%

248

31% Jan

37%

57%

59

468
20

52%

Apr

59

75

,

Dec

July

26

26

22

Feb

44%

130

40%

Jan

25
July
47% Nov

425

8'A

Jan

15%

Jan

17% July

16%

15

46%
16 V*

16%
21 %

Dec

Timken

Dec

—2»

Rolling Mill

Standard

>5%

4%

9

Jai/

58%

10
5o

,

8%

4% May

Dec

8%

7%
72

42V*
50

*

:

—;

Oct

13% Mar

389

60

Jan

30%
108%

37%

*

—

Jan

49%:

$

City Ice & Fuel—

7%

50

A

'•

Apr

May

15%

16'A

404

20%

21%

62

Dec

Unlisted-

Feb

350

10

100%

71

Apr

1.426

34

41%

preferred————100
*

American

3%

6%

22%

25
60

Jan

% Mar
6

9 %
79

14%

"

—

*

U S Printing common

400

5%

v

8

—

"

—

—

Playing Card———

7%

6%

—

class

Randall

7%

5%

14

8

—10-

Insulation

7%

"

—.——*

——

Art

*

_1

415

5

Feb

4

34%

Dec

42
'

Jan

31%

Feb

,

151/4

8 %
.78%

75

Feb

%

50

28%

High

25'A

139

Dec

33%

Apr

36
•V.

5%

8 V* Mar

6% Aug

1,550

108%

151/4

Procter & Gamble—

U

96

Low

33

15
10%
107% 109

;—•

Eagle-Picher

Aug

9

23%

;

Range for Year 1944

High

May

6

Jan
Mar

„

15

50

Corp

Crosley

4%
28%

5

1

—*

Cincinnati Union Stock Yards

Formica

7 Tb

Sales
for Week
Shares

1

1

50 r9 %

12

13%
14%

32%

32%

Cincinnati Gas & Electric prefcrred_10u

11%
48%.

5

—-

14

14%

LaSalle Ext Univ common

*
*
—*

American Products part pfd

Champion Paper & Fibre

12

48%

»

Laundry Machine
20
American Products ——.————--J*-

Churngold
22

Low

American

5

■

Range

of Prices

Par

Dec

25

10
100
•

Week's
-

Sale Price

July

11'A

—«•-

8T0CKS—•

July

16'A

'

Last

43% July

40% Jun
51% Feb

-*
*
*

1

Cincinnati Stock Exchange

Oct'

23

Friday

&

'—.Ml'

*
*
•

12

32%

33

common

17% July

3%

50

Dec

12%

Cl^rk common

Co

Jan
Sep

5%

17

5

Nash-Kelvlnator

Dec

35 %

IV*

Lindsay Light & Chemical common

12 %
13 %

49%

25

common

^

Electric

Martin

27% Jun
106

13

*
10

Libby McNeill & Llbby common

5% July

100
350

r31%

•

Topeka &, Santa Fe Ry

General

Dec

36

1

common

Jan

16%

15%

5%

j2%

1

Jan

34*

Sep

15%

25

common

*

Studebaker Corp

Kellogg Switchboard common
•
5% preferred ——
100
Ken-Rad Tube & Lamp common A—*

Printing

35

15

pfd

'1 *V

Curtiss-Wright

29% Nov

5

common—...

Power $6

31 %

16'A

.15%

capital—/—A

150

•

22%

Indianapolis Power & Light com

Dec

—

Bethlehem Steel

Dec

45'A
24%

100

23

—C
1

Illinois Central RR common—

Dec

41 '4

Jan

2

1,200
1,200

Paramount Pictures Inc

*

Brick Co capital

21%

16

17% Mar

50

3,050
;;

Inc

Copper

Interlake

16%

Hupp Motors common

Indiana Steel Prod

Nov

Jan

20%

A

Jan

15

—

Telegraph

Mach

;

Anaconda

300

com

50

3%

-

Radiator &

Atch

27% X28%

class' B

21%
34%

Transp cap

-

{.

64% July

105% 105%

Hall Printing Co common
.—10
Harnischfeger Corp common——10
Brew Co G cap
1

Houdaille-Hershey

v\

30%

20

Bartlett common

21%

Feb

Unlisted StocksAmerican

Sep

3,400

common—.

r t

Sep

26%

common—

21%

'

44

78%

Lines

Industries

23%
55

Carbon

&

common

Yates-Amer

Aug

36%

Dr & Dk com

Jan

3%

common—.

Oil-O-Matic

Wdodall

Dec

36

Air

Steel

S

Common

Oct

36%

common

43

•

Carbide

Williams

Nov

4% May

26

Razor common—
Inc

Apr

1

common..-:

Wisconsin Bankshares-—

Dec

12%

19,250

50

common

27%

2

Western Union

Nov

7%

5,750

common

R)

Wleboldt Stores

% Dec

17%

16

7%

29%

.

33

60

33%

:

Wflgreen Co common

Dec

3,750

22%

16

105%

Dec

32

32

5

Utah Radio Products common]

Oct

150

22%

60

pfd—100
2%

13%

,:

U

Aug

% Mar

17%

Auto

Corp

Bros

30

,

%

,

28%

cum

(J

Union

Oct

22

Jan

88%

60

Heileman

Lincoln

20

150

16%

common

Safety

Co

450

29%

—.—

Outdoor

&

23%

99 % 101%

22

23'A
101

24

Feb

3 Tb

common-

capital

United

31%

Jan

25

Drive

Motors

Leath

28

j:-'■:

—

Foods

Kimberly

50

July

6

10%

Dec

31

16

20

208 South La Salle Street Corp com

Dec

15%

17%

General Finance Corp common

Interstate

36

Jan

25

(Peter) Brewing common

Illinois

Jan

9

Connel Dk & Dredge

&

Co

22

2,100

400

Elgin National Watch Co
Eversharp Inc common-

Hormel &

300

15

95%

Electric Household Util Corp

Inc

36

63

Domestic Industries Inc class A

Horders

Thompson

Dec

Jan

250

2,200

34%

Corp: common

Trane Co (The)

Nov

14%

93%

Dodge Mfg Corp common—
Doehler-Jarvis Corp

General

3y*

500

5%

6%

2,550

Nov
Dec

6% Aug

Jan

13%

_i

capital

Corp

16%

3%

22 %

25

Texas

41% July

Jan
Feb

15%

-.25

caDital

Swift International capital—

Oct

300

105

21%

Swift

Co

Feb

5%

18%

Jan

85

13%

_5

Ac

11

300

22%

20

„

Stewart-Warner

25% Jtly

Jan

21V*

100

350

13 %

16%

—«

*1——

Tndlana

of

Jan

2

Sundstrand Machine Tool common-

8% Aug

35%

2
*

General

34%

63

common—

Hibb Spencer

100

39

5%

5%

28

Diamond T Motor Car common

Co

Dec

11%

Stockyards capital—.

Oil

Jan

6%

5
:

——

Dredge5 pfd

3%

5%

_•

cap

Common

Dec

49'A

39

1

Gossard

15%

Jan

Works

38%

18%

1

,

it

24

43% Dec
5
Dec
11% Dec

Feb

30
550

-

11%

105%

18%
105

common

Sterling Brewers Inc

35%

Dayton Rubber Mfg common

Great Lakes

Jan

33%

Jan

83 JA

*
5

common

Goldblatt

8%

400

95%

Cunningham Drug Stores

Gillette

750

63

capital

pref part shares

General

15%
48%

24

1

;

-

Lathe

Nat

Standard

Oct

18

May

—10
common—1*

Cudahy Packing Co 1%

Fox

200

Jan

54%

common

Co—

Four-Wheel

8,350

56%

Edison

common

3%

6%

17%

5

14%

•

Lamp & Stove

Commonwealth

Co

Jan

Dec

14

Louis

Standard

Dec

5 Tb

8

•

Chrysler Corp common

Fitz Simons

8%

950

.

Dixie Cup Co

2%

Jan

1,050

——

Cities Service Co common

Co

Jan

4%

7%

Ry—

Chicago Towel Co common

Vtc

1

450

11%

*7%

t c for common

Preferred

Crane

300

7%

—*

preferred

Chicago & North Western

Consumers

6% July

11%

22%

Chicago Flexible Shaft common

Coleman

Apr

15

5
1

Chicago Corp common

V

4%

Bend

South

St

8%

5%

—

—"

common-—.-

Burrell Corp common—

Convertible

8,300

Corp class B

Spiegel Inc common

Dec

Jan

7%

*

■

Belt Co

Cherry

166%

156%

capital—

Sinclair Oil Corp

Nov

125

250

7%

Serrick

40'% July

Apr

May

11%

1

„—50c
—*

Preferred
Chain

33%
108

Cummins

Sears, Roebuck & Co common—

Jan

2

31

•

—

lien

120

Corp—

Secur

Central S W Util common
Prior

200

20%

Jun

Schwitzer

1

50

g

11%

Sangamo Electric .Co 'comihon——u.1*

Dec

17

15
—

common———10-

M)

(A

Central Illinois Pub Serv $<J pfd
111

39%
126

16%

48%

6%

17%

30

preferred

5',V convertible

Central

100

.

1 %

8

1
5
10

Common
Bruce Co

17%

Mar

Wire—-

&

Fence

Brown

Oct

■57

7%

— —

1
1
5

Berghoff Brewing Corp—
Binks Mfg Co capital
Borg-Warner Corp common

Aug

21

6%

7

*
—5

Corp

Aviation Corp

Bendix

8

Dec

100

163% 163%

10

common

Jan

9

124

.100
100
—6
—1
4
3

capital

Co

Tel

&

4%

:

44

5

5
4

.

tiiyu

Lou,

High

44

10

common

1941

Range for Year

Shares

Dec

200
300

68

39%

—

American

66

7%
9%

Packing

Raytheon Mfg Co 6% preferred—
Hosiery Mills common

Rollins

High

Low

7%

■

common

American Pub Serv pfd-.—

Range for Year 1941

17%

5
1
Allied
Laboratories
common———*
Allis Chalmers Mfg Co
—-*■
Castlngb

Bearing

Ball

Aetna

Rath

Shares

High

9%

68

—-—25

common

Aluminum

Advanced

Low

for Week

for Week

Range
of Prices

Sale Price

Sales

Range

Friday

STOCKS—

Sales

■ifi- Week's

Last

Chicago Stock Exchange

Gas

Columbia

Motors

General

••

V/.

•

Brands

29%

_

*
_

Jan

3 Tb

Jun

24% July
5'A Mar

.

4'A

274

64

64 %

469

51%

Jan

66

28%

29%

220

27%

Dec

51%

»

Bearing.

15

4

64%

—

Roller

12

p
/

51%

33% July
52% Aug

■

43Tb Aug

18

Julv

■i,

McCord

Marshall

Mfg

&

Rad

Field

class A.

common

_•

Food
Corp

170

22%

Jan

52

Nov

20

600

13%

Jan

20

Dec

capital

•

19%

19%
9%

9%

150

11 %

10%

11'A

3,150

•

Prod com

West

Middle

50%

1
5

—

Mickelberry's

49

*

29

28%

29

400

18% May

30%

Dec

11

10%

11

400

5% Mar

16"%

Sep

11

10%

11

500

5% Mar

17

Sep

5% Mar

9%

Feb

9%

Dec

13% Nov.

Cleveland Slock Exchange

Midland United Co—
Convertible

1%

preferred A
prior lien

Util

Midland

*

&%

prior

100
100

lien

Miller & Hart Inc—
Common

—

—

—

preferred—.

prior

.

Modine

Mfg

common—

Montgomery

-

10
—*
*

&

3

12'A

3
12

3

12'A

1,050

1%

Jan

350

9%

Jan

33

33

50

28

Feb

Dec

Brass Mfg

Akron

51%

51

51%

750

41%

Apr

53%

Oct

20

20

20

300

14%

Jan

20Tb

Dec

Clark

1

13%

12%

Body

Coach &

American

*

Ward & Co common

Springfilled common

National Cylinder Gas common-

National Pressure Cooker

common

13%

13%

100

11%

Feb

14'/* Oct

18

_2

20

100

12

Apr

21

Oct

Cleveland Cliffs

National Standard Capital stock—

Noblitt-Sparks

Ind

5

Inc cap

North American Car common

20

Northwest Airlines Inc commonNorthwest
Nor

West

1%

Bancorp
Util

-

100

-

10

preferred

_

Feabody Coal Co class B com
6%

preferred

Pennsylvania
Potter Co
Pressed

RR

For

capital

Car

Quaker Oats Co

jdC

5

100
50
1

...

(The) common

Steel

36%

37

40

39
•

24%
140

*

common

footnotes

see

page

s




139.

32%#Jan

40

150

33%

18

18%

500

17% Mar

32%

100

19

23%
136

24%
140

43

35
5

100 %

43%

35

35

4%
98

33%

Feb

3%
26

Co

Dec

Greif

Bros

Dec

Halle

Bros

4% May
98

Dec

—

(B

—

110

7

Cooperage

Jan

33%

Dec

Jaeger

Jan

5%

Dec

Jones

17%

100

11%

Apr

18%

Dec

Lamson

77

77%

90

71% Mar

82%

Aug

Leland Electric

26 'A

50

Jan
Feb

19

Jan

July

7% July
25%

Jun

25%

Dec

54%

Jun

25

36%

Feb

51

Dec

56%

35

43% May

56

NOV

1.6%

650

Feb

18

NOV

51%

56%

16%

12%

w

...

1

52%

52%

118

47

Feb

53

33

32%

33

211

30 V*

Dec

34% July

20% Aug

23

50

20%

27%

Dec

7%

Nov

23'A

23'A

29%

29%

7%

7%

1,635

24%

24%

32

m

*

7%

NOV

21

0

—

*

4%

19%1

>

85% July
115 '/a

Jan

0

Sessions

Jan

110 y; Nov
13 'Ai Apr

Feb

51%
'•

25% July
22Tb Jan

18'A

50

106

16*4

12'A July

Jan

40

25%

0

Laughlin
&

50

54%

5

Machine
&

7

21

Jan

Jan

63

395

5,081

54

*

A

...

2%

20'A

10

18

50

*

Steamship

500

83%
110

High

6% July

14%

50

280

25%

.

i—

& Rubber

common..

5%

Low

,

26'A
.

.......

Range for Year 1944

5% Feb

335

t*

Preferred

Interlake

1.2%
21

-

25

Rubber Co

F)

5%

950

__

til

36

Jan

24

&

45%

Jan

,5

Tb

20%

18'A

Navigation

6

20.!%
80'A

83
.*•/

—

common

Jan

24

79

Tire

Jan

22

•
«

20%

•;j

General
Glidden

Dec

Goodyear Tire

30

pfd__.

$4.50

.

Sep

20% Mar
31%

Goodrich

100

270

Cleveland

&

Dec

Jan,

12,350

47

Detroit

Dec

Jan

95

5%

July

3 35'A

16%

80

500

100%
35

Jan

38

111

Corp common.

17%

35

1

common

150

32%

'«■»«*

100

(The) common—

pr

Parker Pen Co

36%

*

,»

common—

lien pfd

10

—.

Iron preferred-

Electric

Cleveland
Cliffs

—

Shares

High

20%

.

Controller

6%

6%

City Ice & Fuel
Nachman

for Week

of Prices

LOW

Par

11% Aug
34

Safes

Range

Last

Sal* Price

STOCKS—

]

'

$1

Week's

Friday
V

5'A
17

Jan

Jun
Jan

25

Jan

Nov

CHRONICLE

COMMERCIAL & FINANCIAL

THE

Number 4349

Volume 161

OTHER STOCK
RANGE

EXCHANGES

WEEK ENDING JAN. 5

FOR

Week's

Sales

Last

Range

for Week

Sale Price

of Prices

Shares

Friday
Friday

■(p/'.

4

STOCKS—
v

V.-4

of Prices

Shares

Machine

B

14

43%

Acme

1

—v-_

National

Refining

National

Tile

new

Electric

y4

Dec

100

3%

Jan

5

Oct

25

13%

Jan

20l/4

Dec

10%

Feb

16%

Dec

16%

14%

14%
40 V\

455

-

%:'?

2% Aug

1%

Apr
Jan

18

14%

Dec

321/s

42 Va

Jan

Oct

Menasco

Mt

Nordon

6%

Jan

11% July

115

40V4

Jan

49

Dec

Occidental

30

32 '/'b

Jan

49%

Oct

Oceanic

Jan

21%

19%

1,200

41%

75

33%

Rubber com..'_

Tire &

Pacific

Industrial

Rayon

Interlake

Iron

common._..__

__

—

General Electric common...:,

-i-

58%

39 Va

"v

57

Dec

Feb

40%

Dec

35 Va

Nov

6%

75

Feb

35

165

40%

Jan

325

10

9%

38%

70

-

40 %

39%

*

common—

"T

42% July

&

Elec

Oil

Ohio

common

Republic

—.

4—

-

common...—

Indemnity Co.,

Lighting Corp common
Pacific Pub Serv 1st pfd
Pacific Western Oil Corp

15%: Jan /. V 23%

Dec

18 Vss

20%

15%

Sep

20 %

Apr

21% July

50%

Apr

63% July

419

62'%;

374

;

Feb

Oil

Ranch

Rice

Oil

Richfield

Corp

Co

Pacific

Standard

Oil

<;

Detroit Slock Exchange
Week's

for Week

•

1
*
Va

14%

1

9%

8%
6%

Jun

A T & S F

4

Jan

Atlantic

1.970

Jan

9 Va

Dec

Aviation

7 Va

1.200

4%

Jan

18%

21'/4

21%

1.243

15%

15%

100

13

869

18%

1'2%

5%

,5%

5%

Car

Motor

1,228

25
—25
*

977

Bpeing

3%

200

•2% Mar

4

July

1%

600

1 v!;

1%
''*Lw

.3

vv-'

514

B

j;

Dec

14%

Aug

514

2.086

2%

4

6%
13%

Feb

2%

Jan

Dec

4% July

Goodrich

Graham-Paige

'2%

Interlake

Int'l

Copper Corp
McNeill & Libby

Apr

13%

Nov

Loew's,

3%

Jan

7%

Dec

McKesson

100

1% May

3

Dec

Montaomerv

3%

200

2%

Jan /

6"/4

1.100

2%

Jan

7%

Dec

New

5%

5%

4%- Jun

6%

Nov

North
North

5

4 %•

■

2%

800

*

3914
5%

650

1%

1%

IV2

950

5 %"

5 tO

5%

26%

50

5V2-

400

39

—4

1 %

98c

3%

Jan

5

Nov

Jan

39

Inc

5%

Dec

Jan

2

Aug

5%

Jan

Oct

Oil

Ohio

Angeles Stock Exchange

.

.

„

STOCKS—

'

Petroleum

Bandinf

/-;-

Company

Par
,,

Corp

1

_

L:'i

•

__

—

Inc com

Broadwav Dept Store

21

*

California Packing

Cessna

Corp com.

•:

Aircraft

5%

Preferred

America!

of

Creameries

5

Va

■

,

»

10%

5%

35

3.450
185

28 %

10%

15%

3,055
.,

594

795

10%

3%

Corn

Aircraft Co.
Products

Electrical
Exeter

Fa

_

&

14%

4

1
Ltd class A
Merchants Nat'l Bank- .100

rnsworth

Fit?,simmons

&

Television

30c

Stores

Motors

class

Corp

'

Paint

Goodyear

Corp

13%

1

A__

10

common

Tire
Oil

&

Co

Rubber
A

Co com.

*

common

Holly Development Co

For

footnotes

see




1
_

page

_

_

139.

30c

a51%
L—:

4,200
5

400

'

Apr

10

%

Feb

480

11%

Jan

21
9

830
120

Studebaker

95

;<

54%

110

Swift

&

—

Company

Texas

Tide Water

20%

Jan

28

11%

Nov

Union

Jan

9%

125

6%

Jan

70

25Va

Apr

31%

Jun

Jan

19 %

Dec

36%

Dec

9%

a29% a30

38
8

940

V

12

490

30%
6%

Apr

5

65 Va

Jan

27%

Dec

Apr

53%

Nov.

300

2

1%

2,085

15%

Jan

23 Va

Dec

10%

425

7%

Jun

11 Va

Nov

20%

1,046

16%

Jan

19%

Aug

18%

18%

170

15%

Sep

19% July

5%

3 Va

Jan

5%

3,007

a30y4 a30%

75

34%

945

33%
48 %

20%
15 Va

10%

479

8%

Apr

1,311

16%

Apr

21

88% Mar

14%

915

12

a34

a35%

290

a

28%

63

a32%

U

Jan

United States

6%
50%

35

7%

a5134 a52

87

38%

55

643

47

72 %c

510

14%

Oct

Ja

Corporation

Rubber

(Del)—..,

Co...

^

Steely Corp—s,

•

12%

Jun

Warner Bros Pictures

Dec

Western

Union

Inc—

Tel Co

class A

5
*

53%

Dec

Westinghouse Elec & Mfg Co
Motors Inc

50

Apr

Willvs-Overland

Jun

92 %c

Jan

Woolworth Company (F W)

10

Jan

1 %

50%

Dec

Jan

29 %

Apr

'Sep

D:c

31% July
34%

Jun

151

53% Mar

11 % all%

20

8% May

19%

150

13%

Apr

20

a32y4 a32%

105

27%

Jan

31 Va

Feb

49%

150

45%

Oct

49 Va

July
July

al9y8

a

3.3 % May

55% May
10%

37

Dec

July

a37V8 a37%

55

17%

345

13%

Jan

16% July

80%

29

78%

Feb

82

117% 117%

243

a34%

180

22%

Apr

34%

a30% a32%

252

26 %

Jun

32

Nov

1%

505

1 V« May

2

July

51%

Dec

17%
a80

a34

a

1%

108% May

43 V8

Apr

July

108 Va May

Dec

a53 % a53 %

7% May
65%

ii

Jan

S

17%

Ji'iy'

14Va July
33

460

al37/s

Dec

Jan

Jan

a37%

97%

Feb

22%

a

a 44%

a

122 Va

50

62%

1,142

14%

220

11%

Apr

92

42%

Feb

52% July

93

Feb

99 %

a42%

a

a437/a a45%
al22%al25
al7%

1

i

21% July

.

57 Va

49%

—25

U'si

Julj

a34%

a34

a

19%

A.

12

32

57%

a

Mar

*

•

a 28%

a34%

18

Feb

252

13%

50% July

May:,

106% 106%

14 Va

40c

9%

Corp

Feb

Dec

41

61%

Aircraft

United

Dec

25 Va

148

61%

Air

United

Oct

33%

400

14%

1
25

Dec

Feb

435

20

Aug

29%

26%

17%

27'A

17%

17%

a35%

6%

25% Mav

a48y4 a48'/2

26%
a

*

United

Dec

1% Mar-

Feb

24%

a32 %

Oct

14%

Aug

23
42

5
*
.10

70

Aug
Mar

65 VB

17

117%

30c

,

10%

5%

Pacific

55% July

83a July

Aug

366

*

Carbon Corp

Feb

552

5iy«

Railroad Company...100
Lines Transport
5

&

9% July

a28%

a 80%

Carbide

36% July

23

*
-10

Assoc Oil

.11 %

460

...

—

Sulphur Co

Aug

Feb

Dec

Gulf

7 Va

1%

7%

*

Inc

Corp.

July
Jun

53

Mar

28%

20%

J)

Nov

43 %

40% Dec
43

Aug

40

;

423

37%

•
15

Co

As

Feb

Nov
Oct

11

Dec

35 Va

Dec

7'/a

420

6

10 Va

Co

Texas

Jan

9

a47% 650'/a

America-

of

Webster

Stone &

V

Dec

18

Jun

May

9

420

20%

a30%

find)—

Dec

7%

19%

Jan

4%
16

200

10%

39%

*

< N

Jun

Sep

5%

225

6%
19%

6

Oct

iy8 July

19%

Co

9% May

100

500

Feb

145

10%

Co

21%

503

77V4C 77% C

Jun

5

28'%

24

Oil

95%

6'/a

53%

52

25%

1%

Oil

Jan

all %

8

38Va Aug

Jan

Dec

51

Standard

9%

3%

a6338 a64?/a
all®

*".

50
922

13%

13

6(4
a64%

common
»

Hancock

•

14%

a505,/2a505%

—

»

General

14%
30c

'

1

Radio

a71 %

a70

•

Co

Oil

Farmers

iL-—

Trtc

Corp

Apr

3%

25

Socony-Vacuum Gil Co

84% Mav

'

12% July

45 y2

a79 y« a79V«

*
—*

—•

Roebuck

Sears,

Union

Douglas

Co

Oct

Jan

8%
34%

50

Incorporated

Nov

10

y%

Dec

:

39%

97,

a28 Vft

Standard

Jun

19 y4

33'% July

Mar

36% May

175

y 4%

8

Dec

80

Sep
66% July

4%

a36% a37 %

38

Nov

30%

799

12

18%

—*
—25
25

Jan

<:

9%

a29%

Inc.

Feb

30

65

5%
a 49%

Brands,

45

134

a38% a38%

54 '/2

Standard

-25%

Apr

13% May

a4l% a41%

Feb

Dec

57%

110

10 Vk.

*

19

1,043

19%

Co,

2.00 July

Jan

69 %

9

Railway

Febv*

100

23

28

—,

'

80

21%

•

ILL—
!i—_

—

a 29%

1.30

841

~.v

a94% a95%

a95%

•

i__—

Jan

550

21%

80

80

5

_

_

Consolidated Steel Corp^

21
a28

V

18

Jan

1.80

1.75

1.75

'

:

*

1

'1—

Company

Corporation

Chrvsler

V

.100

Investment Corp

Central

'

12%

848

3%-

3

3%

410

18

.■•17%

18

Oorooration.———

Oil

Chica

Bolsa

:

Bros Corp common

Diamond

6%

45 y8

21

Southern

3% July

700

4%

4 V4

4%

l
•

Barker
Blue

/y .,!. Low

-

18 y4 Mar

Jan

6%

Republic Steel Corp

Range for Year 1.944

Hiah

Low

V7

Shares

Sep

34%

%

1

for Week

* of Prices

15

75

a29 y4 a2D%

.*■

Inc

Corp—

Dodge

Oil

Radio

Sales

Range

Sale Price

'

.

Week's

Last
.

——

Car Co.

Pictures,

Paramount

Pullman

.

Co
Motor

Packard

Pure

.

Co

American

July

Jan

Pennsylvania Railroad Co

Friday

"4%

I
—10

Inc.

Aviation,

Dec'

235

a50% a50%

a37V8

*

RR

Central

American

Dec

26%

«

*
„—5c

Inc

<%; Co,

Ward

City Copper Co

York

Phe'us

Los

...

.

Robbins Inc—

&

Mountain

6%

4%

5%

Feb

17%

11 %

12

•
7
*
—.18

Kermeeoit

9%

~5%

32% Aug

19 V*

a33% a34%

a38%

—*
*
*

Corp

Tel

&

300

V: 3% July

80

68%

*

Corp..:

Iron

Tel

QOf>

■

Nov.

3% May

al8y» al9

Corp...
1
Co pfd—.—.... *

lnt'1 Nickel Co of Canada..—

.■3%

~6Va

•

Jan

29

a26%

Dec

Dec

83

56

5,672

Nov

6% July

100

6%

17%

*

...

Aug

July

28%

Apr

265

83%

5%

Motors

Northern Ry

2%

4

Co.

F)

(B

:!

Corp.

Foods

7%:

12%

12 Vi

5

'

Libby.

"7

a

a31%*a33

5

,

,

127/s
43 y8

165

a48% a48%

2% July
>

3 Va Jan

.

Jun

a82%

a26

Aug

31% Aug

1%

900

1,440

I'

Apr

1%

1.350

4

'3%

Feb

JaA

.' 9

2.774

2V2

2%

•

3%
26%

*

r 7 'A
aS'2%

1,050

39%

Electric Bond & Share Co

Great

2%

.2%

2%

...—

Products common—

314

Jan

13

14%

common——

class

Jan

14%

—...

General

1%

?1

1,605

7%

General Electric Co—

9

5%

A

Oct

500

Jan

Jan

30%

1
1

■

Oct

300

May

24%

—*
Commonwealth Edison Co—'
.25
Commonwealth <& Southern Corp..— *
Cons Vultee Aircraft Corp
.1
Continental Motors Corp
1

1%

3 Va

Aug

8c

9

436

6%

—

4

Jan

May'

1.45

'

29%

Dec

13%

.

?"%

——*

65

Dec

1% July
40c

Jan,'

1%

200

7!4

Jan

1 la

400

1%

:

13 Va

13 %

•

common—

2%

.2%,

2%

414. Jan

7 % July

Jun

Jan

Jan

Canadian Pacific Ry

Curtiss-Wright Corp

24c

Dec

2c

Feb

-.5

Borg-Warner Corp

Nov

100

Dec

36%

15

-

8

200

13%

156'/B

.5

Co———

Airplane
Co

Dec

_—:——50
*,
Aircraft common—_—
1 •

Screw

Wayne

Bethlehem Steel Corp..

6%

Preferred
Warner

—

140

1,000

Apr

30

13
_—5
——5
*

Works vtc

—

7

\

Nov

734

6%

18% Aug

1%

Dec

15 %

a41V'8 a4iy«

a33

Jan

34c

12%

20%

Jan

1.10

200

30%

14%

'?7%

300

12

11%

Sep

5% May

250

1.15

a3c

Jan

al64V4

745

32c

8%

7%

6%

a3c

July

7% July

17%

al63%al64%

:

17%

1%

10
common.......—1
Standard. Tube class B com——1
Tivoli Brewing common—1
Udvlite common —.—;—;—
.:
1
Union
Investment common—
*
U S Radiator common..
:
1
Cooler

Co

Bendix Aviation Corp

Class

39

Feb

a41%

16%

y

Sep

5%

;

50

12%

*
*
100
50
5
100
—25
.3

Co

12%

Dec

Dec

360

1.10

Columbia Gas & Electric Corp

1%

42%

7,937

16%

a3c

Jun

May

Dec

Jan

8,061

21%

15%

6%

10
—1
25c

Co

32 Va

12

11%

20%

al6% al6%

14

57c

v.

11

Feb

r

J.'

16%

12

3%
1%

:

21

2
25
10
.1

250

Mfg

Universal

1,530

12%

34c

Scotten-Dillon common
Shelter

1,640

6%

12%

J
Prudential Invest common.......—... 1
River Raisin Paper—.——— —•
Pr

39%

6%

Dec

Jan

34%

39%

634

Dec

32%

925

39%

27

Apr

24%

42%

Dec

Apr

29%

31%

15

30%

42%

Jan

22%

*

Oil Co

36%

100

.

31%

Nov

.

42%

42%

42%

Aug

1%

■

373

•

1%

.

Dec

Dec

27

7

•

10 Va

54%

80

32%

Apr

'

Jan

2,305

Nov

26%

Feb

7

3 Va

47% May

10

9%

1%

31%

96c

65% July

Feb

31%

800

10

common

Mil

Peninsular

Feb

1%

Mar

%

1
<—25

1%

Wolverine, common

Parker

52%

8%

200

Aur

Nov

574

Oct

3,486

Dec

6

i

common—

Davis

Dec

Jan

3

1%

Sugar common......„—?/
Mid-West Abrasive common....—50c

Parke,

7%
7%

11% July

%

a26 Va a26Va

5%

2
__1

common

Die Casting common....

Packard

Jan

Jan

7

48c

10%

a54 % a54%

42%

64%

1

common——:

Corp

4%

28c

10,500

%

'

9%

5%

Michigan
Murray

Dec

Sep

May

5%

10%

10%

64%

...1

McClanahan Oil common

Michigan

Oil

Borden

4%

40c

40o

Co.—————25
Case (J I) Co
25
Caterpillar Tractor Co
*

■

Prod

Dec

3Va

1.010

...

,-w

2,550

1,265

Ry Co

Dec

540

*

50

6

14%

Co..
Corporation

15%

958

64%

a 17%

5%

5%

14 %

Refining

Barnsdall

7%

•

Dec

1

Mng

Baldwin Locomotive

Mar

7%

7%
.7

common——_.5

Products common.:

Wines

10a*

Dec

25%

14,%

& Tel Co—

Oct

Jan

23%

48

Jan

42% Aug

San Corp

23

Jan

16 Va

Jan
Jan

19

15%

—

Refin

Jun

1114 July

200

V-

15 Va
23 V3

Oct

47%
40%

"27%

Co

15

21

Jan

f

b:

17%

Kinsel Drug Common—

Screw

1514

..

'-a it

'

Masco

Jan

\

16%

al7%

.

24%

Jan

7% July

23%

24%

'b:;

49%

10

100

a48% a48%

24%
—

Dec

180

a50

a50

__

Dec

36 %

32% Mar

Nov

Anaconda Copper Mining Co
Armour & Co (111)
—....

Dec

300

21%

Houdaille-Hershey class

LaSalle

12 Va

"

30%

100

Stocks—

4%

3 %

Industries common....,—3

Kingston

214 July

S

&

G

Smelt &

3

14%

3

915

Jan

Corporation

American Tel

High

t

Jun

1%

581

9%

7

200

2%

2%
14

Finance

Hurd Lock & Mlg

Range for Year 1944
wit,

35

36%

Oct

35

Jan

34%

36%
a48%

7%

5% May

100

23 3a

California—

Rad & Stand

American

High

Low.

.

Amer

Shares

of Prices

Sale Price

6%

6%

Sep
May

10%

...

Mining

Gold

Unlisted

Sales

Range

Friday

common.—.——1
General Motors common
10
(»rah«m-Piu«e common
1
Grand Valley Brew common
1
Hotkins Mfg common
2 '/a

Jan

18

25c

25

B

Consolidated

Chollar

Zenda

General

Jan

48c

1,500

5,100

Mining Stocks—

Cons

Gar Wood

30

20c

1,527

Alaska Juneau Gold Mng Co.—

;

Jan

16%

Air Lines. Inc

Western

Telephone: Randolph 5530

t

14c

15%

Calif—

of

Co

of

Oil

Union

Universal

common—10
Detroit
Edison
common
20
Detroit Gasket common
1
Detroit Steel Corp common
-b
Federal Mogul common——...
__5
Frankenmulh Brewing common———21

Nov

16%

Company

Sunray Oil Corp

DETROIT

& Cleveland Nav

6c

*'

class C—

preferred

Transamerica

Detroit

Jun

14,250

11c

a54%

Co Ltd

preferred class

Chicago Stock Exchange

Ford Building

McLaren common—_—

75c

30c

35

1

...—

Company

Caiif Edison

New York Curb Associate

Exchange

Burry Biscuit common
—12
Continental Motors common:.,..

Jan

26c

6%

Oct

Sep

60c

...
*
—...30
.———15,

Corp—_—:

Aircraft

6%

Southern

Stock Exchange

Burroughs Adding Machine—n

Dec

1.75

90c

20c

——

-

Corp

Oil

5%%

Brown,

75c

67%c Jan

700

20c

*

common...

Company

Southern

Members

■

Nov

30c

—

Union

Solar

Watling, Lerciien & Co.

STOCKS—

23%

8c

—1

Aeronautical

Ryan

Sinclair

Last

Oct

Jun

9,590

1.75
72 Vac

'

Security

York Stock

500

60c

15V'8

272

Jan
Jan

9c

1

Co

Warrants

Shell

Detroit

70c

1.50
70c

—25
..10
•
*
10

Pacific

Safeway Stores Inc

New

22%

1%
10
30c

770

7,000

..

10% July

16

18%
19%

—

:

40

<

•

59%

.

Steel common

Steel

S

U

54

23%

23 y8

—_•
*

Central RR com

6
Aug
14% Aug

45c

70c
1.65

25

common

1st pfd-

Republic Petroleum Co common—
New York

Jan

225

3%
13%

22

•

Products

Clay
Gas

Pacific

57%*

_*
•

157/a May

45c

,

1
1

Corp

!

Co

Pacific

.42% July

Apr

4

4

Unlisted—

16% July

Jan

Nov

Petroleum

Oil

5V2%

Firestone

Ltd

Corporation

100

Feb

5%

3%

—1
i
1
1

—

8V2

100

13V2
45c

i

Oil, Mng & Dev Co.

10

15%

High

43

13%

13%

10c

_

Corp

Co

Mfg

Diablo

497/«

19

*

Low

al4% al4%

14%

1

—_

Co.;

Aircraft

Lockheed

47%

10

19

,

Co

Petroleum

Lincoln

a

1

Hupp Motor Car Corp...

Mascot Oil Company

41%

*

_*

—

Packing Co common—10

Hunt Brothers

Lane-Wells

46%

'

•

Co

Car

Oct

Jan

Motor

Hudson

49

1

—

i

A'oungstowri Sheet & Tube.

h

12

100

25

Works

Iron

Dorn

Van

16 */a

14%

//

Feb

13 %

200
25

—5*

Prod Inc

Thompson

•;% 2

.2

40

Oil of Ohio

Standard

728

17 J;

16%

___

Rubber

Seiberling

46

100

4%

21%

.4
16%

__5

_____

Bros

Ricinnan

36

Nov

14

Jun

44 y2

M 2

*
—*

x—

Patterson-Sargent
Reliance

\

*

—

a

...

12

21%

44

;

Metropolitan Paving Brick.———
National

25

y

14

Range for Year 1944

Hiah

High

Low

.41/2

*

____—

Low

Par

*

.

..._

class

G)

STOCKS

Range for Year 1944

High

Low

'■■'..bbb

Par

(A

McKee

for Week

Sale Price

>

-v;;';'

McKay

Sales

Range

v>VV

-v."'"'

v

Week's

Last

:

a 41V2

a

18

a42 y8

349
125
200

50% May

6%
37

62 Va July

14% July

Jun

Feb.

19% July

Jan

42%

Dec

Monday, January 8, 1945

FINANCIAL CHRONICLE

THE COMMERCIAL &

136

OTHER STOCK EXCHANGES
JAN. 5

FOR WEEK ENDING

EANGE

Philadelphia Stock Exchange
Last

Range

Sale Price

stocks—

for Week

of Prices

,!•-

High

Loto

v

.-

American Stores

Lone

-A-

Autocar

Engine Co....—

preferred
Elec Pow 8%

4.40%

Corp

Jan

12% July

7%

Apr

11

Jun

94%

96%

285

78%

Jan

96%

Dec

9%

345

*

5

40%

20

22

13 % May

39%

Apr

64%
23 %

2,174

51%

Reo Motors

common

Oct

437

4%

Sep

8%

962.

5%

Apr

7%

Jan

6 Va

35 Va

21%

24%

20%

22*

37 Va

23%

Jan

16%

34 Va

15%

Sep

17%

25%

Jan

16

Jan

21%

Dec

27%

Jan

36%

Jun

100

65c
2c

Jan

3%

Jan

110

6%

Feb

10
34%
30%

34Va

30%

Nov

68%

1%

~2Va

T

715

0.

1

8%

250

21%

3IV2 Dec

,;

Phone

CEntral 7600
Bell Teletype SL

Ch Icago Board of Trade

Chicago Stock Exch.

2%
1 %

532

38%

39%

1,138

)i

St. Louis Stock Exchange

Sep

31%

k

;'V;: I/'■" k:"k

American
;

for Week
Shares

Bank

Inv common

Bldg

Equipt

Low

Par
1

.

Range for Year 1914

7%

4

4

4

34

33

6%

65
w

9

Jan

23 Va

75

Aug

4% Nov

2% Mar

30 V

W'

34

.

High

Low

High

7%

3
__u._l

common.—.

Burkart Mfg common.

15% July

Oct

11%

Dec

42

Sales

Range
of Prices

Friday

1% July

Apr

Week's

Sale Price

stocks—

Jan

2

Jan

1

1,033

14%

13 Va

693

New York Curb Exchange Associate

■

1%

14%

Oct

V-'V

Members

it Dec

OCt

J/4

1% Mar

2,559

lVa
39 Va

Apr

St.9 St. Louis 2, Missouri

St. Louis Stock Exchange

1%> Aug

U May

232

:■

Dec

Aug

35%

Last

•

July

9%
11

30% May

New York Stock Exchange

45% Nov

309

Jun

1

1

10c

120

1871

Established

300 North 4th

{%■

10% July

Jan

58 '/a

56%

vl'

l.OO Jun

May

500

440

15% Aug

38 %

-

Jun

Dec

11%

53%

•

6 Vb

Edward D. Jones & Co.

36% July

135

43 Va

8%

34Va

"

Jun

203

10

9%
43

4% Feb

St. Louis Listed and Unlisted Securities

Feb

185

i"

Dec

510

Oct

Oct

124

16%

125%

5c
IOV4.

10

\ 30%

Steel.

Alloys

30

Jan

90c

90c

10%'

..

.

Dec

56

Feb

95

6%

5c

1
*

2'A Dec

Feb

41

119%

5%
.

1%

50

58

119

.

—1

common.

'Oct

120

Aug

28%

150

31 Va

15%

Gas

Springs

'"s

Jan

26 Va

225

21%

37'/a

119

•"

Westinghouse Afr Brake.—

Dec

200

21%

235

2%'.

Dec

Aug

2

Jan

50c

Nov

116

94

34'/a

34

2%

2%.

,

512

18

18

879

....1

Dec V

33%
38 V4

18% May

1,454
>

'h

31

30 %

1%

Dec

10%

Dec

Dec

-

36%

8,586

25%

118% 119

1%

......—1

Steel

Jan

2.429

%

6

Jan

6%

10%

58

25

Co

Oil &

3\'i

10%

<"

....

Standard

25

Nov

11

,7% Jun;

468

s

6%

6%

io%

—*"'*

common-—

20% July.

Dec

5

Jan

26

210

20%

-

3,475

25%

*

•

4,728

•

11

Apr

Dec

4%

5%

39%

■

io%

,

5% Sep

15%

;r

High

>

Dec

21% 1

—25
25
*

preferred

12%

33%

1

——.—

Jan

39

34%

--

—

8%

723

39%

-*
"

Tonopah Mining
Transit Invest Corp common

22%

Feb

5%

'

...1

Oil

66

Jan

3

7%

7%

25

,

Jan

Jn'y

Feb

12

60
163

5

12%
8%
7%

5%

3

Scott Paper common.....—

-

600

18%

5%'.

j.%

San Toy Mining

47% July

5'%

18%

.

6%I-

Corp

Shamrock

Low

3%

5%

1944

Range for Year

High

11

*
10

Pittsburgh Plate Glass.
Pittsburgh Screw & Bolt Corp.

16% Aug

494

Brewing

Vanadium

Shares

is%

H

1

...

Preferred

Sep

-1,708

12

7%

Apr

for Week

Low

—i.1
—10

Fireproofing

Pittsburgh

Sep

62 %

17%

63%

8%

11

Mar

#.

,

Fuel Supply

National

Renner

45%

-44%

12%

50
—50
——-——1

common

preferred

Preferred

159

60%

16

%

*

„.Salt Dome Oil. Corp

$3

5%

4%

•

——

United Corp

102

23% t

*
.V-——100
———25

.....

pfd
Phila Insulated Wire..',—..

Co

10%
10%

64%

10

Pennsylvania Salt new com—
Philadelphia Electric Co common
$1
preference common
—

Sun

17

—X
50

Pennroad Corp

2nd

Dec

45%

*
50
*

Pennsylvania RR

Reading

Dec

62 %

60%

10
••*
1

Coal & Navigation...
Lehigh Valley RR
i—•
National. Power & Light

Philco

27

Feb

.'.'yV.

.

.

Brothers

Lehigh

Phila

Apr

34%

9%

—
*
Light—;—:—13 %
Battery
*
•" *

Jacobs. Aircraft

18

289

58

95%

5

Motors..;

Giinbel

267

26%

_

:

General

Nov

57%

Power &

Storage

Electric

15%

10%

Chrysler Corp
Curtis Pub Co common

preferred

Dec

25%

.50

Wheel Co

Prior

14%

50

Gas

Star

Mountain

Dec

16%

25'

.13

Locomotive Works v t c_.
Bankers Securities Corp. pfd-—__
Budd (E G) Mfg Co common
;

Delaware

1667 8

16%

_5c

...

Baldwin

Budd

Jan

Par

.

Walker Refractories

McKinney Mfg

19 Va July

Jan

156

1,281

10 %

American

163% 164%

164 y4

100

Tel & Tel
Co common.

14%

:323

-

'■

,

Pltt_ Brewing..............

Harbison

'

18%

17%

18

,

.

Fort

Range for Year 1944

Shares

High

Low

Par

,

.

.

Sales

Range

Sale Price

STOCKS—

Sales

Weeks

Friday

Week's
of Prices

Friday

:

kkkQk'lfikkkkkk Last

I'-'-'v.":''V

33

Feb

Dec

Coca-Cola

Bottling common..1

24%

23%

24 %

150

23

Feb

27

Aug

Dr Pepper

Improvement—_——13 %

United Gas

common.

0

23 %

23 %

23 %

175

18

Jan

23

Nov

36

36

36 %

60

28

Feb

36% Dec

10%

10 Va

Griesedieck-Western

Hussmann-Ligonier
Hydraulic

Pittsburgh Stock Exchange
Week's

Friday
Last

Range

Co

Blaw-Knox

29'

'

29%

14%

15%

260

16%

—a.:

,' i 4

(AM) common—

Byers

V

4V

15

Jan

25

National

common

2nd

Dec

,17%

Rice-Stix

Canadian

Last

STOCKS—

-

Range

of Prices

18%

Dec

FOR

Sale Price

*

Low

Par

Abitibi Power & Paper

preferred
preferred .
Gas & Oil——

6%

1%
Acme

3 "

common——*
—100

140
7%c

147

235

—

9c

5,500

—

1.50

1.50 7

19c
16%
99
103
100%

17%c
16
99
102%
100%

78c
7.75

73c
7.60
75c

—r———1

*
Algoma Steel common:.,——
0
Preferred
100
Aluminium Ltd common
•
Aluminum Co. of Canada 5% pfd—100
Anglo Canadian Oil
*
Anglo Huronian Ltd.—
"
Aquarius Porcupine Gold
1
Area Gold Mines Ltd
1
—...

-

Gold

Geld

Aunor

Mines

Mines
...
—
Bankfield Consolidated Mines...
Bagamac

18%c
41 %C
83c
3.75

1

—

10%c

1

—

Gold Mines

17c

11c
—

1
1
1

.

Aubelle Mines Ltd

20c

1

—

....

Astoria Quebec Mines

Aumaque

14c

1
10
Bank of Nova Scotia new
!
10
Barkers Bread common—
-*
Preferred
.—...——50
Base Metals Mining.
*
Bathurst Power class A—_—,
*
Bank

Montreal

of

—

1

Mines

Gold

Armistice

1

Exploration & Radium
Beattie Gold Mines Ltd

1

•

Ribbon

Preferred
Bobjo

Corp

„*
50
.1
1

common.—...

—

Ltd
Gold Mines

'Bonetal
Bralorne

Mines,

Ltd

•
»
25

Brantford Cordage
Preferred
Brazilian Traction Light & Pwr com

&

Brewers

'

Distillers.

American

British

•

1.65

Columbia Packers

British

Cojumbia Power class A
Dominion Oil

British

Brorlan

For

—

46c
10

see

page




50

12c
__

15%
__

27

23%

139.

•
•

1

21%
72c

70c

16

July
,

99 "

Ankerlte

Buffalo

Canadian

Building
Burns

27
22%

23%
25
21%
69c
69c

16
8%
27

23%
8%

•

1,148
268
170
5,633

135

Dec
Dec

class

"A".—.

Canada

Class A

Class

common

Apr

Canada

Packers

71 %c Aug

Canada

1.04 May

Jan

4.40 July

Aug

23c

Sep

54,000

5V«c

Sep

9%c

18%

25

15 %

Jan

21

11

11%

440

8%

Jun

11

Dec

Sep

18

Dec

Sep

11%

Dec

9c

Dec

July

410
400

•

1 80

1.75

1.85

4,270

24c

24c

24c

5,900

18c

May

25c

6c

6c

500

4c

Nov

9%c

Apr

6%

6%

775

4% May

7

Aug

111% 111%

5

109% May
57 % Jun

112

Dec

63

Dec

6%

;

«

12

7%

24c

May

Steamship Lines

1.70

33%
13%

63

25

9%

745

121

20

103

May

llS

20

5

18

May

22

Feb

53

Aug

-

6%

50

25

43 %

Jan

8%

750

5%

Oct

33

33%
13 %

41

50

34

Nov

145

13%
168

Jan

Oct

Dec
Nov

11%

12

655

9%

Apr

12%

Jan

40 Va

40

40%

201

31%

Jan

40 %

Dec

Oct

70%

Dec

Jan

23% Aug

«

A____.___

B

71

71

15

65

»

Cable

8% July

Oct

11%

520

160

32

695

13%

Dec
Dec

11%

common

Preferred
Wire &

9 Va-

Jan

7%

158%

.100

July

63

50

8%

2.24 Mar

Nov

9%
20

*

Mortgage..

.

121

*

;

Permanent

Canada

63

93/4

*

class A

B

Canadian

Bakeries

24

24

50

18%

Sep
Oct

Canadian

Bank

4

Dee

Canadian

Breweries

44%

Feb

10c,

Jan

24 %c July

13%

Feb

16 % Mar

Jan

2.89 July

Sep

2.45

Jan

Nov

New

L'

Canners

•

Aug

6

July

91

Feb

97

Dec

1,095

14

Dec

15%

8%

8

8%

2,055

5

441/3

44%

45%

342

Car

•

Celanese

Jan

33

Apr

165

Nov

8.50 July

11

July

Canadian

Dredge

1.50 July

Canadian

18%

♦
25

12%

•

Foundry common

46

Tire

May

Dec

Jan

Alcohol

Canadian

10
20

Canadian

Feb

Canadian

Mar

Canadian
Canadian

com

•

Oils

Jan

17

Dec

Jan

25%

Dec

11%

13

275

45%

46

70c

8

1,525

30

12

80

24%
35%

17%

2401

73c

4,650.

70c

.

975',

,;

150

12%

13%

11,877..!-.

22%

22%

15'

1.00

1.02

2,07o

150

13 %

47

Dec

Jan

1

157%

Nov

Jan

23 %

Dec

5

Jan

6%

Dec

18

Anr

85c

133

Feb

17%

*

25
Boxes

Dec
Dec

!,60c

10u>

100

—

Ry

12%
29

550

7

Dec

Apr
Jan

15

125

17

19

Jan

141% May

25-

21%

16%

1

preferred

Pacific

Wirebound

8%

22%

654

17%

*

Malartic

70
225

6%

A.."

Locomotive

Oct

50

V

Jan

17%C Aug

,

Industrial

Sep
Mar

17

21

17

Canadian

45

25

158% 158%

*

Nov

Jan

18%

28%

...100

67c

Aug

6%c Mar

Preferred

22%

9 % May

Jun

common

40%

8% Mar

Jun

18%

16%

20
&

\

24%

•

common

preferred

Canadian

5

10

14%

___•

common

preferred

Canadian

50

14

•

new

1st preferred:
Conv

6

95%

14

»
100

Commerce

Preferred
Canadian

6

95%

lu

common

Preferred

18 %

30

Sep

.

9%c

18%

9c

•

Oct

Sep

7

6.20 July

v;

Feb

38

43%

Jan

13

Power_____

Sep

8%

3.55

19

50

58c

Apr

22c

High

350

17%

common

I8V2C

Class

v

Low

High
5.40

10%

Malting

Oct

60c

Range for Year 1944

Low

..100

Northern

28c

21%

Shares

12%'

...

Canada

37%c

151

Sales
for Week

5.20

5.40

IZ.i

...

—....

B

Class

1.31

35% Nov

___i

Bread

Canada

36c

Jan

31

Dec

isv2

Calmont Oils

Mar

2%

Nov

#

;

...

Camp Bird Mines

31 %c July

15%

12

Range

11%

Canada

-.

10 Ve

Nov

14

July

22%

Feb
Feb

Dec

144

Apr

18%
90c

Dec

July

Dec

'

.

14c

Dec

11%

Jan

'28%c Apr

.

Castle

9%

4,010

1.62

Jan

2.000

8%c

Jan

1.15

Sen

Central

Oct

Central Porcupine

Chesterville Larder Lake Gold Mines—1

1.75

1.56

1.75

63,320

Circle Bar Knitting..

143^

14%

14%

60

Apr

27

20

Sep

24% July

8% Nov

21

"Mar

24

Dec

25
180
49,450

22

Jan

27

July

Oct

24

60c

Dec

'16,650

67c

Dec

19

2.11

Sep

Oct

8% Aug

Trethewey Mines

Dec

14%

9%

25%

1,280

71c

Co

"B"

8%c Jan

26

Jan

Week's

•

1.18 Aug

25
72c

•

Ltd

Steel

34 Vac July

24V«

21%

Mines..

Gold

•

Calgary «fe Edmonton Corp Ltd

.

14%
8%

&

Class

Mines

Preferred
_._._.100
Canada Foundry & Forging "A"
*

10%c

Dec

9V8

of Prices

-

Par

Gold

Products

Burlington

Last

T.Saie Price

Dec

11c

11%

5

8.05 July

3.20

9% May

MARKETS

ENDING JAN.

80c

Dec

9%

35%

Feb

Oct

5% May

240

Canada Cement

7c

279

35%

Dec

25c

9

34%

Dec

Dec

Dec

20

150

101 %

Jan

Aug

18%

11%

102%

55c

Mar

121

Jan

12%

Sep

15 %c

44

Jan

11

11%

Jan

5.75 May

75

33

Mar

58 %c

11,091

161
163
177
10c 10V4c
1,100
90c
90c
500
20
20
20
42c
48c
208,205
10
10
300
7%
9 r- 2,050
50
50
340
12c
13c
6,450
16c
16c
3,000

8%
24
__

Porcupine Mines, Ltd

footnotes

-

32%

33c

Jan

Jan

113

11%

84

229,120

—'

WEEK

■

11%

96

2,200
220
75
100
85

1.58

May

1.79 Mar

Apr

89

1,500

2.05

5
•

OH

British

14c

1.82

0

Mines

14c

2.02
1.62

LISTED

32

8

137

Dec

14c

;

8"

3,500
355

163

Blue

3.65

85c
3.75

Nov

146%

t

15c

7,000
20,000
32,500
41,600
1,210

15

32%

....

20c
14c

% July

52%

Jan

Jan

1.10

20,500
1,110
110
400
75

14 %

Gold Mining

Biltmore Hats

78c

4

Apr

58

11,350
600
3.000
2,900
32,700

30c
34c
18c 18%c
41c
43c

80c

High V

Apr

7VzC Dec

500

14 %

_*

A

99

103
102
78c
7.75

10%cll%c
17% 17Va
28%. 28%
—
4-.
4
42
42
42
14%cV 14%c 14%c 7;:

100
1
Berens River Mines...
:
;_l
Bertram & Sons
———5
Bidgood Kirkland Gold
1

Brothers Class

16%

-~

Bell Telephone of Canada

Belleterre

19c

17%

new

Bear

Beatty

48%

49%
147

1914

Range for Year

2 Va

Jun

17% Dec

159

12%

15

....

kkkkk:: kk'-kk-

27

44

1

common

Buffilo

1,200
1,44.

3
50

23

;

4

•

LouS

*

Ajax Oil & Gas—
Aldermac
Copper

Arjon

3

Dec

Apr
12
Feb
12% May

Dec

19

20

£2%! Friday

High

100

•

Wagner Electric

"A"

STOCKS—

Shares

.

Sep

17%

13

126

17%

1

Sterling Aluminum common

Sales
for Week

•

43

9

*

com....-.*

Nov

Louis Pub Serv

Funds

Week's

11% Aug
24

Jan

,

40

20

121% 121%

121%

10

common..—

St

Exchange

Friday

•

Car

Oct

RANGE

1

100

44

*

Dry Goods common..

Louis

St

CANADIAN

Toronto Stock

18

Jan
Jan

35%

77

17%

100

-1

4%

Feb

14%

Candy
preferred

2%

1% May

650

18%

18%

—____5

Brewing

Duquesne

3%

Dec

100

2%

40

k 20

Portland-Cement com...

July

29 Va

Sep

595

4%

4%

23

17%

18

25

Missouri

"

Columbia Gas & Electric common
•
Continental Commercial Corp com.__l

commoh_L.-_i_._._._20

Steel

21

23

•

6%
7

30
282

39%

—100

pfd

common

Dec

Apr

6%
13

•_*

High

24 Va

176

14%

—

com—*
—

Landis Machine common-—

Range for Year 1944
Low

29%

Ludlum Steel.

Allegheny

Shares

High

Low

Par

Laclede

for Week

of Prices

;

Sale Price

stocks—

Brick

Pressed

International Shoe

Sales

.

Brewing

common

%

Jan

Patricia

Cochenour

Cockshutt
Coin

Gold

Willans

Plow

Gold

Mines

Commonwealth Petroleum

Conduits

National

Coniagas

Mines

Co

Ltd

26,550

13
1.57

July
Jun

2.50
21c

1.72

14%
3.30

Jun
May
Feb

Dec

Sep

3.20

13 %

45c

13%

800

11%

Feb

14

July

44c

47C

19,112

15%c

Jan

51c

Nov

41c

_

Ltd_.______I__l

13c

3.05

"

II HIIII 1

2.06

12 %c

2

Co

Jan

2.10

1

«

Lake

1.40 May

98c

1

Mines

Mines

1.26 Aug

6%
1,36

6%
1.39

41c

6%
1.36

900

^ 300
^H00

29c

.5
1.15

May

May
Jun

41c

Dec

7

Sep

1.75 Aug

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4349

161

Volume

LISTED MARKETS

CANADIAN
RANGE

;

!

"

v;'

"

v,

A*■,

"V'';

■'

[y

"•

1.50
15%

Mines——— •
Consol Bakeries of Canada J—'
Mining

Consolidated

Smelting--—5
)_i——100
—*

&

< Toronto

Consumers Gas

Conwest Exploration

51
148%
:

■,
•

;..;4

Corrugated Paper Box preferred-'—100
:
4 ' >•;
Cosmos
Imperial Mills————~—*
23%
Crow's Nest Pass Coal——-A'V
Cub

common
Petroleum

Davies

4c
44
26
18%
26
15%
8'A

Mines—--——-——1
common-——•
Dome Mines Ltd
*
Dominion Bank new
10
Dominion Foundries <fc Steel com
•
Dominion Malting common
*
Dominion Steel class B__——
—25
Dominion Stores
*
Dominion Tar & Chemical common—*
Preferred—
100
Denison Nickel

Seagrams

Distillers

—-*

Crest

East

4

——

22c

Electric

Class

Apr

National

Dec

National Steel Car——:.

18c

Oct
Jan

1.25

>

5c

Negus

Dec

12%

28%

28%

140

—

.' 23%
19'A

Av;>r;:

23'A

19%

19%

2%c Aug
33 % Mar

42

31% July

Nordon

50

24%

Nov

17%

Dec

19%

Sep

21%

Apr

26%

Apr

Normetal

90

13 'A

Sep

15%

Dec

Northland

Oct

9'/2

Jun

Northern

14%

Dec

North Star Oil

13%

Dec

7

3,312
475

9%

395

7%

10

104

Feb
Jan

115

Apr

8%

1,257

3%

29,600

1.00

Dec

9c

Jan

32c

Sep

A' 15c

7,000

31,350

7c

1.66

8,700

3,700

36c

Jan
>

2.70

Apr

Oct

25

8

36

150

29

23
'%• 5%

23

23
6

20

19

69

3

12

6

'

8

Nov

Orange

2.17 Julv

Jan

2.80

52%

51%

52'A

2,110

48'A

Jan

60 % July

7c

2,000

4%c

Jan

11 %c. Feb

-

7C

12

Dec

Pacalta

38%

Oct

Pacific

22

Jun

Jan

5

Nov

Page

Feb

10

Sep

Oils
&

8c

1.20

5%

17c

Apr

50c

July

87c

Jan

10c

Oct

17c

1.19

1.30

22,925

45c

Apr

1.29

Dec

5

5%

1,775

Jan

5%

Nov

5%

Dec

1.20

180

5%
2.37
48c

4 A

12,450

45c

1,350

36c

17c

32c

Aug

53c

Jan

16%

100

13% July

11

35

6%

Jan

5

52

4%

Aug

16%

11

10

5

5

,

•

Ltd—

12c

10c

12c

8,000

9c

52c

54c

9,500

40c

60c

500

45c

Feb

101 102%

105

91

Jun

Dec

5% Mar

Aug

60c

16%
11

Dec

54c

|_1
101

1.19

1.22

•

-

Jan

Oct

25 %c Mar

"

*

„

24,400

•

Mines

70c

26,800

•

—

*.50 Julv

Oct

37c

34c

—®
-

Sep

1.37 Jan
40c

Oct

24c 25 %c

24%c

Gold-—1

Cadillac

Jan

6,200

5%

;

Feb

38,500

2.28

*

;

Porcupine

4%c

Nov

70c

45c

Refining

Hersey Tubes

10,000

A 185

14c 14 %c

5%

———1

Pacific Petroleums

Oil

7c

65c

2.28

!

Apr
Jan

7c

65c
14'Ac

j

preferred—-.

Crush

Pandora

Jan

5

—

Ottawa Car & Aircraft

Pamour

Jan

1.89

,_4

A;

—

Mines

A

Steel Products—:..-

Ontario

160
59 %c

1,350

♦

Omega

July

27

41,700

•

Mines

O'Leary Malartic Mines
Gold Mines Ltd

Dec

May

63 %c Aug

Aug

-

1.44

185
1.36

*

Ltd

common

Gold
Oils

Dec

2.35

185

1

Corp

Mines

Preferred

Okalta

Dec

19%

A

1.26

*

Mining
Canada

O'Brien

Dec

Sep

A;; 25

13% May

•

Norgold Mines Ltd

Sep

Jun

■

Sep

29

2.35

,_1

200

^

Sep

18

:

1,645

Dec

33c

.13% Dec

1.31

—i:

-

Oil

1,625

1,260

Jan

27 %

61

•

2.35

100

,A

—.—A—A
„—

Noranda Mines

Dec

9 %

•

A

Jun

23% Dec

+i
.

Jan
Dec

Mar

99c

:

Apr

46%
20c

Oct

24c

5 -A

Trust,

Mines

Nipissing Mines

May

2,000
.2,360

13/2

5%
8

National

July

18%

161

•■■■■■

1

12c
70c

Mar

700

rV

■

High
2.24

Seb

36c

50

•

—

15VaC

574

23
60

22c

4

class A

Pipe Co

17,550

1.75 May

12%

A

Sewer

62c

22c

12Va

Co-common—A—"

12%

Jun

l,O0O

59%
••

'Preferred

730

20c

22

60

A

low

2.02

53c

23

*

Range for Year 1944

High

62c

..1

Grocers

Low

17c-

.*

Power—

Lac

90c

Dec

'

5

36

—

National

&

common

May

34
60c

47c
13%

——-25

Heat

Light

Corp

Dec

36

4

B

Equitable Life Inc.—

Moore

Mosher Long

Aug

39'/2

13%

.
A
Trust————25
class A,—
*

Montreal

Dec

Shares

-

1.99

—

»_l

Porcupine

Oct

3,500

12c
2.36
57c

Investment

Moneta

of Prices

■;.V'

Par

for Week

Range

■

,

Sale Price

'

_•
-i-^—L————1

—

24%

25,800

23c

lie
2.26

Washing Machine—;

English

1.05

12c
2.35
47c

-

1
1

Mines

Sullivan

Easy

Economic

'

/,

Oils

May

21

50

July

2.84 July

95

Mar

84

400

149%

Oct

90c

Model

55% July

Jan

128

10

;■"/

16

Oct

Corp

Mining

2.20 Julv

Jun

38 Vz Jan

V;,'-,:, 265

16
8%
14 %
13%
110%
8
1.19

22 %c

1

Oh

Malartic Mines

Eastern

7%

1.17

Co

Mining

Duquesne
East

7%

1

Mines

Donalda

__

14%

1

125

v

14
13
110%

13%

-

109
770
79

4
23%

15%
8

--

.

Dominion Woollens common—

12
12%c
• 1.15

:;-15c '
1-20

4;

——

Delnite Mines

'■

20,700

12
15c
1.40
4c
4c
42% 44%
25% 26 %
18% 18%
25% 26%

12

—*

Dairy Corp

V

:

1.33

3,630

r-v

23
38% 38%
65c
65c

65c ';<>

Aircraft.

;

15%
51%
148 % 148 %
1.24 1.35

.-1.30

^

t:

\

;v,:v;:

High

Low

1.50

1.50
15%

,

'.'Last

•'

STOCKS—

Range for Year 1944

Shares

Low' High

Coriiaurum

Sales

'

for Week

Range
of Prices

Week's

1'Friday

Sales

Friday •'%' Week's

;

;V ' V-V/East
STOCKS-— 'f:.r}■'
•'V
Sale Price

...

'

5

FOR WEEK ENDING JAN.

5,461

1.25,

8c

10c

10

8c

10%

7c

Aug

1.07

V

Jan

Nov

104

July

1.15 Mar

3,200

20c

70c

Dec

1.50 July
14 %c July

Mar

■

—

4.30
29

Famous

37%
3%

37
3%

37%
3%

Shops——_—1
Grain common—
*

Fanny

Federal

Mining-.—--——--1

Kirkland

Aircraft

Fleet

Co

Gold

Mines

Exploration

Frobisher

Gatineau

Power

common

61c
8.50

—4
*

,

—

—

preferred. ——————100
preferred
-.-100
Steel Wares common
*
Preferred
**:
100

5%

■

—

104%
10%

—

1

Giant Yellowknife Gold Mines

Rights
-w——
Gillies Lake-Porcupine Gold
God's

1
—1

Mines Ltd-

Lake

Goldale Mine
Golden

Manitou

1

Goodfish

Mining Co
Goodyear Tire & Rubber common
Preferred

-

-

Lakes

Great
Vtc

preferred

——.—

27%
28

common—

Lime & Alabastine
Mines-—

Gypsum
Elalliwcll

Mines

Co__

Bridge

Hamilton

Mines—

3c
3.10

—

3.35

7%

—

1
-1
1

.

8%
5%c

6c

Oil

5

Oil

Homestead

Gas——1

&

Howey Gold Mines
Hudson Bay Mining

class

Ltd

Hunts

Huron & Erie

Dec

29

Dec

Jan

14

Dec

Feb

51

May

36

2%c

8,400
585

4,000

Apr

6%

:

5c

;:V 7,100

JanNov,

2%c Jan

250

2.75

Jun!

4%dURb
65c

Dec

Oct

38,327

36c

50c

9,850

49c

Dec

11c

1,000

9c

July

18%

10%.

15%

1,260
820

10

Jan

May

2.80

8,490

Sep

2,000

3%c

Oct

36c

3,225

26c

Apr

31

14,260

25%
85

25'%
85

25
10

15%

50

11%

15%

6%c

Jun

3.85

Jan

Dec

30c
30

15%

Dec

Dec

10
'

9%

9%c Mar

7%

Feb

.

July

6%

Oct

3.05" 3.30
4c 4%c

Aug

40c

■A,

4%c

!

-

1.29
9c
47c

75c

Jan

Feb
Jun

Feb

64c

Oct

15%c

Dec

19%
13

Dec
July

3.70 Mar
5c

May

42c

July
Nov

26% Mar

32

11

Feb

22

72

Jan

86

Dec

Jan

17

Aug

Nov

Preferred

Inglis

(John)

Royalite

Oil

St

Sheep

Simpsons

A

of

Mining

Waite

Jeilicoe
J

M Consol

Mines

Mining

Shore

Lake

21%

19%

10c

10c

22,000

5c

Feb

1,000

3c

Dec

6'Ac

Jan

30c

3c
30c

2,375

23c

Jan

41c

Jun

5'Ac

6c

6,500

4%c

Jun

8c

Aug

l%c

Jan

6%c July

14

Jan

20

Nov

12%

Nov

v; 30c

6c.'

1

3%c

3%c
18%

4c
18%'-

2,601

18%
11%

11%

11% y

2,550

1 05

1.00

1.05

2.35

1.40

1.40

2.40
1.50

Mines.-—;

—

17%

17%

17%

—4,

6.25

6.15

6.25
16

>

15%

Lang & Sons_.__
Candy—

Laura Secord

Lebel

Mines——1

Gold

Cadillac

Lapa

Mines

Oro

Little

class

Groceterias

Class "B"

—*
—-

Ltd

Mines,
Red

Lake

Malartic: Gold
Man

&

._1

Fields

Massey-Harris

3.40

Elevators

common

Preferred

—_s

Frontenac

Oil

Mclntyre J'orcupine
McKenzie

McLellan Gold

Mercury

.

Gold

Mills

2,840
7,175

10

8c

60

25

60

1

4%c

4%c

3,330

see

17c.
24%c

"

•

Gas

page




139.

.

13%,
20'/2C

16c.
17c
24c24'/2c

v

.

3.40

,;Vv 2.12 May

2.95
2.42

21%

29

29

120

19%

Jan

29% Julv

4,000

2%

Sep

5c

Jun

Jan

4.45

Sep

3.40

Jun

Feb

Jun

3c

4.487

25,300

17%
1.04

17%

18

475

1.04

1.12

3,850

90c

Jun

68c

68c

72c

6,954

65c

Oct

13

13

13

5

10

Apr

15

Oct

10%

Apr

10

Dec

Jan

51

10

10'A
48%

45

35%

35

36

105

115

8%
25

200

105

50c

13% May

95

48

Dec

30c

1.975

12

.

18

92c

42c

Dec

115%

Jan

Apr

Sep
July

Dec

38

Apr

105%

Jan
Dee

1.10

Dec

1.25 July

66c

64c

67c

55c

55c

55c

3,550

46c

77c

Jan,

4

3c

3c

3c

2,000

2%c

Dec

5c

Mar

1.34
"A

1.25

1.35

15,100

65c

Jan

1.70

Jun

28

30

4

4

4

4

275

2%

Jan

5

8

8

475

5%

Jan

8% May

70

110

com

4

"

4

69

70

—

2.40

2.74

•

61

2.04

50,730

30%

Nov

77

Jan

Nov

July

70

Jan

68%

2.75

Oct

Feb

19

200

75

75

25

II,837

Jun

4.40 Aug

Jan

—

A-'

21c
1.56

2,120

2.70

6,120

21c

*

1.55

16%
3.50

4
4

52c

55c

29

12%

_1

28c

24 %c.

28c

1.60

class

28

28%

—

-

Oils

United
United

25%

Apr

28%

32%

Jan

48

10c

9%C

10c

1,000

4%

4%

4%'

1,175

3 %

Sep

6,770

1.96

Jan

22,369

6.00

.

Ltd
com

Gold

Mines

Preferred

New

Flour

Mills

com

Grocers

Ltd

Westerns

4.85

5.037

4.50

Jan

74

785

57%

Feb

21%

415

20% Mar

1.25

1.30

72,750

60c

Aug

1.44

1.20

1.15

1.23

7,100

80c

Oct

7%

7%

50

95

95

87

95

Old

common

-

Electric

1

—4

common

Preferred

100

;

&

James

pfd

145

15%

15%.

18%

18%

18%

105%
£9%

—j

Wiltsey-Coghlan Mines

Alexander

4 A

——100

preferred
preferred

Winnipeg

4 '

100

8%C

78

'AA,

10c

6%

7%

68%
110

A-vA

Nov

Dec

2.00

Sep

7%

Dec

75

Jan

£5 %

Dec

39 %

Nov

42

Dec

121%

Jan

147

Nov

16%

11% Mar

Dec

20%

Nov

230

15

Jan

205

:

104

Feb

108

Dec

100%

Jan

20c

99 %

205

•VV-

99%

8',4c
7%

July

4% July

ioo

r

105% 105%

99%

5.45
78

22% Nov

45

145

—

_A

__..100
—

Oct
Jan,

140

42

42

preferred—

Products-——

New 4 %'Jo

Wood

4.65

21%

preferred

Western

Western Steel

19c

1.26

100

_—

Dec

13% July

Aug

73%

4

Dec

Nov

5% July
2.96

Jan

6c

1,158,200

Dec
Dec

12c

Jun

74

1

Canada

4%c

6%

4.85

1

Malartic

West

Western

15%

Feb

A 21%

•

4'

A

2.51

12

12c 19 %c

19 %c

*

Worts

2.44

2.48
14%

1

Oils

Lake

Wasa

9%

10

•

Preferred

Jan

55

5

Dec

Nov

10

8% Mar
6%

1.78

105

1

&

Mar

45

Ventures, Ltd.
Mines,

40c

5%

Upper Canada Mines Ltd

Waite-Amulet

Aug

45

4 A

Steel

Vermilata

Dec

35c

l!: 57A

28

*

-

Walker-Gooderham

Nov

13
30

50

____

—AA

»Jun.

Jan
Mar

120

8%

Sep

4.00 July*
79c

Jun

8%

960

11

11

8%

July

1.94 July-

17

Apr--

15c
;

.

2.90 July

Aug

24

166,200

27c

>

v

25

—4

"A"——
A

class

30

191

Oct

Apr
Nov

3.20
38c

5,100

1.85

8%

15

20

1,835

A

May

1.25

A 1.96

22,233

29%.

11
?

,

I

42%.

29

1.79

•',.■■■'

—

,'

'

3.55

51c

'

Class B

16%. A

,16%
3.50

4

common—

15c

2,200

1.55

2.45

A"

,._1

4c

17,000

A A;

5

6,819
1,031

78 '

Sep

60%
86

10

110

Jan

May

■

Sep
Dec

Mays

7% Mar
69%

Oct
Dec

110

4,085

2.95

Jan

4.50 Julys

BONDS—

Uchi

•

Gold

'

3.45

3.45

3.50

4

10

10

10

35%

Mines

Knitting Mills.common

270

6%

Jan

10%

Dec

35'A

Jun

35

Dec

4.25

■

Mines

3c

Aug

.5% jApr
.4-%c .Apr

12.%

Feb

9%

2.35iOct

..

-

7%

11c

Toronto Stock Exchange-Curb

Dec

July

ranadian

Jun

Jan

22'A

Apr

9%

Jun

5c

Jun

8c

Friday

Dec

6%

13,500

55 V2 May

1.34 May

3%c Aug

8,580

12c

5,300

15c

13%

13%
22c

294,500

Sep
Mar

63
1.80

7%c
55c

14c

14

Dec

59c

Last

STOCKS—

Dec

Sale Price
Par

July
Nov

Nov
Apr

40%c Julv

Jan

685

17c

29

$2,000

Jun

-IVaC..Apr

.

,._v-

2,055' '"->'19%

6,495

'A

Sep

1,200

,

Oct

Sep

Jan

Hq 1.60

1,572:

•

5c

—1

—*

footnotes

;

Gold

&

4.50 July

...

500

1.55

Mines

Oil

Jan

22%

8c
1.44

-

Dec

8%

1.49

Lake

1.09

21V4

8c

1

Mines

Red

Mid-Continental
For

s,

Oct

22 %

*
-5

Mines

Lake

Red

McMarmac
McWfltters

Mines

;

58c

18

Nov

8%

*

common

McDougall Segur Exploration^

Sep

26 %

3,500.
.-

"

McColl

28'A

Jan

635

35c

•

York

Feb

22'A

20

Aug

4.25

common.

Wrlphf-Hargrrefn'oo

'21%

70

19%

16

31c

City Rapid Transit common--—4

Sep

Jan

9

•
.—20

8c.

Twin

1.60

90c

Sep

A—4

i
Materials

Union Gas Co

Jan

Nov

14%

4

Towagmac Exploration

July

12%
8%c
9y8

8'/2C

Apr

470

1

Thompson-Lund Mark Gold Mines

1.45

8,050

2c

12

15c

15%

4

Tip Top Tailors common-

6%c

2,620
•

3.50

2c

12

1

!_

—

3.35

•

Jan

15

29

*
1'

17

11,500

2.30

*

Milling Co common—.

Mnralgo Mines

2.35

Nov

21c
52c

100

common™

Apr

11,800

3.90

2.17

6.75 July

16%

Apr
May

*

Teck-HUghes Gold Mines

Jan

...

93c

2.25

•:

20% July

Jun

670

26%

89c

Jan
May

7c

35c

20

Tamblyn Ltd

Jan

1.03

11,000

1.35
27%

2.26

2.25
■

1

,'i-i

Mines.

Eastern

Maple Leaf

3.90

1

Mines—

•

Jun

2.75 July

6,500
14,000

1

2c

6,870

3.85

90c

1.20 Julv

3.50

Jan

Dec

12c
44c

—

Sylvanite Gold Mines—

13%

2,000

1.21

27

24c May

30

12c
40c

'

440

16%

1.23

Jan

Jan

Apr

23

64c

i

Mines-.

6'/2c

4%c-

25%

__

26%

5.70
14

35'A July
23

Oct
Dec

Jan

4.20

;

&

4,100

1.15

1.30

.

•

1

Gold

16

14l/a

35

325

4%c

—

Jan

1.51 May
80c

420

9%cT0V2cA

•

1.18

—r;.——1-

MacLeod-Cocxsr.utt Gold Mines
Madsen

■

1

•

Goldiields

Louvicourt
Macassa

A

-

—

16

A
—

Long Lac Gold .Mines Ltd

Loblaw

"

3

—_—

—

Ltd.

Leitch Gold Mines.

90c

3,300
•

May

8.75 May

6,100

1

Ltd

Mines.

Gold

y

10,252

2.40

i

Exploration

&

20

—1

Lake

Lake Dufault Mines Ltd

Lamaque

28

3c

1

Kirkland
Labrador

Dec

120

*

—

—l—

24'A July

106%

2,192

31%

1

Gold Mines
Gold

Apr

Jan

2,125

10c

,.1

Co

Keri-nddison

May

4

,21%

32 %
21%

i

;

15

Jun

106
32%

105% >; 105%

1

,

750

24%

1.00

11 %c

10

1.36

Jan

75

12c

1

Corp

Feb

Nov

60c

43c

Cons

Fuel

54'/2c

44c

50c

River Gold Mines.A
Mines
i

Sturgeon

United

8,750

30'

Nov

Sep
May

2%c

;

Iron

Steep Rock
Sullivan

United

99

1

Mines

Kelvinator

23%

•

—

—

Mines

Jason

8'
75c

24

100

Petroleum

International
Jack

8
71c

30

Nov

2.92 July

11%

4

—

Oct

July

30c

15

1

Canada

13% July
7%

25c

I,000

Jan

8.25 May

32c

—-

Preferred

Jan

9

5,000

45c

Jan

320

4.25

A

Chemical

Paving

10%

Sep

33c

45c

6%
2.32

:

1

Mines

Radio

19%

Jan

32c

1
1
10
4

Mines.:

Standard
Co

11%
33c

25

6,900

•

Feb

1.65 July

Mar

89c

3,300

Petroleum,.:——..

Standard

Steel

2.50

11%

30

4.50 Aug

*

Sturgeon

Standard

14%

2.45

11%

4

End

Springer

14%

2.50

-

3.05 July

1

»—_A.

Malartic

South

14%

22c

common

A

Gold

Siscoe

2,960

21c

B

Preferred

Sladen

1.25

A_

Mines

class

Ltd

Class

1.15

73.570

-

15% July

7

Jun

5%

1,690

1

Mines—

Gold

'Preferred

Apr

6'/2

Feb

7%

Jan A

2.08 May

8

1.38

■

Dairies

Oct

5

1.64

Nov

1.35 July

Mar

1.84

7

1.20

Mines Ltd

Gold

Creek

Sherritt-Gordon

12%

.600

„

1.73

Oct

10

Shawinigan Water & Power

630

..

Nov

70c

1.30

Mines—

San Antonio Gold

17%

13

—

common

Gold

Anthony

A

Senator Rouyn. Ltd

125

7%

75c

International Nickel Co common——•

Jacola Mines

7%

90c

500

4

t

Inc_

Co

Russell Industries

Toronto

Sep

800

81c

1

"A"-

Mines

Bank new

Royal
•

4,450

187/s*
14

13%
12%

;

4

I

—

—

18%

.

7%

6
1

—

—

Inspiration Min & Devel
;
International Metals common A
Preferred

—

13%
13

£1

—

_

:

98c

81c

_1
—

;

Transcontinental Resources

Imperial Bank of Canada new—'— —10
Imperial Oil
—
*
Imperial Tobacco of Canada ord.narv.5

4.60

98c

__4

class

Mills

Long Lac

Silverwood

i;y;,4%'Dct:

8,100

*v

Dec

15c

Jan

17 c

20,000

260

Jan

29%

5%

50

5,420

Aug

6%

11%. Jan

50

6c
3%c
3.35
7%

12 %C

20

25

8%

Dec

Feb

24'/2C

85

•

125

50'/a
13c
26c

57

Sep

3% May

6%c

40

;'

101

52% Mar

5,500

2,500

—

lnft

100

—

100

Feb

18

31

B._——

84%

15,500

30c

*
4

common—---—.——

paid

20%

—1

—

& Smelting—

25

11c

3.30
4VaC

—

—

Aug

6c

10%

Home

7c

4.35

83c

7%
1.25

1

AAA

Dec

98c

4

;

Rouyn Merger Gold

Dec

l'Ac July

Mines

5%

,

2,600

4,900.
16,810

1

Mines—

Silk

Roche

Jun

1.12

1
1

—

Riverside
■

4

Dec

58

4.50

4

Mines

Mining

95

Oct

%c Juiv

2.65

>'

__

America

Gold

AAV

5%

May

10c
44

1.06

1

Co

—

Quemont

18%c July,
93c

of

Queenston Gold

Jun

Dec

5%

Jan

2.40

1.12
2.65

C

Quebec Gold Mining—A—AAA.

Aug,

86c

75c

Hhide & Dauch. Paper——

Highwood-Sarcee Oils

\JJ%01ar

5

_1

of B

Dome

Proprietary

Apr

43c

East

Purdy Mica

■

Dec

38c

58%

1

Gold

Metals

Preston

Oct

8c

Nov

Jun

6c

49c

Holllnger Consolidated Gold Mines

15c

6%

49c
>>: —

1, *

3%c

16'Ac May

\

28c31%c
54%c
61c

58c

1
!—

57c

13c

58%

Dec

9

Jan

50

4,500

Dec

28c

;

9
3%c

/

126,910

1

Gold Mining

Pressed

Nov

10% July

Jan

5c

73c

73c
6c
29c

105

Dec

43c

6%

--

!

Hasaga Mines —
Heath Gold Mines

8%

*

Harding Carpets —
—
Hard Rock Go'd MinesHarker Gold Mines
Harricana Gold

13c
25c

1
.—--—1
———4

Mines—

Gold

Hallnor

,—

4
1-

1

Halcrow Bwayze

14
50%
11c
22%c

—

-

,

Aug

13,000

28
14

*
Preferred
—-—50
Grull Wihksne Gold Mines—1
Gunnar Gold Mines Ltd
-1
Saddlery

West

Great

Dec

1.99 Mar

6c
43c

—•

Corporation of Canada

Premier

17% Aug

16,500 T:

28

28

Power

Dec

100 %

8,300

55% 55%
11c ll%c
5%
5%

*

——

—

100

103

6,750
7,500

'

*

.—

Jan
Nov

Feb

84

15,045

89c

5%
27%

Apr

6c
37c

—A-4

:

Mines

Mines

Rouyn

6c

41 %c

Voting trust certificates—

Dec

92

2,116

—

vtc common—:—•

8'A

11%

Gold

Powell

8.20 July

Oct

1

Mines

Gold

200

1

Mines

common—

Gold

Pioneer

Sen

11%

15

Perron

Apr

80c

Ltd

Pickle-Crow

Feb

26%

Gold

10%

Bol

1

•.

Peoples Credit Securities

Jan

Apr

4.70

15

1,100

4

Oct

Malartic

Penmans

7%c July

Jan

-A r

112

4c
7C
93% 94%

4

Paper

Preferred

.—

——

2%

S V 10
:

88

23 %

1,500

55%

*
—50

—

322

3%c
30c
21c21%c
10c 10 %c

85C

Jan

Oct

Co_.

Paymaster Cons Mines Ltd

Aug

5%

33c

14,050

29c

7c
23 %

■

60

1,974

3%c

87c

38%

Nov

4%c Jan

■

2,540

--

.U_-

Grandoro Mines

5,900

—

1
1

~L

Mining

Gate

180

64c
8.50
11

2%

Oil

Partanen

Sep

Sep

Jan

27

4,000

21c '
10c

—"

,

—

Golden

70c
10%c

—-

Ltd

Mines

Gold

Glenora

67

6%c
4
25%

17
17
104% 104%
9.25
11
65c
70c
10c
11c

—

28

:

99 99%
103 % 103%

—

5%%

General

510

61c
7.65
10%

3%
25%

"

—

6.00

3.10 Apr
23% Mar

:

2,700

65

—

*
*

—

class A

Canada

of

Francoeur

;V'■

10

6c
3%
24%

67

—A;—100

—i

Preferred

Federal
Ford

;——4 {y\

Players —
Farmer Candv

4,425

4.75
29

4.75

Falconbridge Nickel Mines———•

Pantepec

Nov

May

Beath

British

&

Son

Columbia

Preferred
Brown

class

Co

A

4

Pulp

-

&

-.

___.

common

Preferred

Canadian & Dominion

Paper

—

L

SugarJ

Range

8%
35

100

131

1

4

'■

of Prices

corn-

100

Sales

Week's

Low

8%

Section

F«»»<!•.
for Week

Shares

Range for Year 1914

8%
35

131'

*»«•»">

T.cik

Hinh

'■.V-

45
100
10

2.50

2.25

2.60

10,998

50%

45%

50%

1,806

25%

25%

110

5%

Jan

12% May

14% May

38

Dec

May

140

Dec

80

1.40 July

2.45 July

28%

Apr

44%

Dec

22

Oct

24%

Dec

Monday, January 8, 1945

tHE COMMERCIAL & FINANCIAL CHRONICLE

138

LISTED MARKETS

CANADIAN

FOR WEEK ENDING

RANGE

Low

Par

Canada

2

Copper

5

;

.2

*

Press

A

200

65c

9

13%

—....

Vz

So

2%c Jul.v

105

common

....

•

■

Feb

9

Vz

Dec

St.

Dec

-

Shawinigan

13%

Lawrence

Paper

preferred

Sherwin

—

•

com..

-

Shoe

International

—:—

Lake

1

_

1

.

_

—

Jan

20

Steel

Dec

United

May

27

Dec

Wabasso

Sep

13

Dec

Walker

Jun

50

Jun

15

July

Jan

49c

45

common

Preferred

July

12

25

1.000

Weston
Old

Jan

*

(Geo)

1.10

1.35

1.50

43

43

35

7%

7%

8

16,500

10,103

'1.72

Sep

20

215

Jun

11%

Dec

195

63

Feb

69 Va

Aug

76

60

69

Jan

76

Jun

4%
59

105

74

50

8%

3%

825

-

5 % July

Dec

Dec

59%

50

Jan

57%

Feb

77

Nov

Jan

22%

Nov

20%

200

21%

21%

100

100

10

100

Dec

100%

105% 105%

70

103

Feb

130

10,943

5

Sep

7%

Mar

549

62

Jan

69 Va

Oct

48% Sep

50%

Feb

1

c

—

<

•!
—

■

.

...

Z:

7%

:-<Z 6 %
•

75

—

.

78

'

Notes

49%

49%

—

Dec

Jun

d-V

V>Z'V";/

' Z/vy, vVV
Power

108

320

70

59

;

Bonds—

May

Dec

4%

■.

...

Preferred

Montreal

Aug

Dec

11%-

Mar

lie

Sep

Nov

24

Jin

74'A

...

__

Winnipeg Electric common

Apr
Dec

43

Mar

7c

115

25

115%

Vz

22%

25
'

.

preferred

new

preferred

21

•:

11

*

W

Dec

74

Corp
&

22%

70

—

•

G

Feb

415

23

105

*

iAii.

Cotton

(Hiram)

Oct
Dec

15

23%

■

Oct

65

18%

70

23

common

•

—'

■

Mining

24%

Apr

13% May

'25

23%

.25

Steel

Apr

15c

70

70

25c

Sep

46%

755

>■

22

Apr

3,029

i
.

•

Canaaa

of

Preferred

10

6,615

13'A

Co.

—

...*44... .100

Southern Canada Power

18

15'A

80

26%

25c

•"

—

1.46

ord—

Supertest Petroleum
Temiskaming

19

Simpsons

Feb

1.45

Jun

14

850

24 %

70

13 y4

13%

:
_

Oreille Mines

Pend

Sep

preferred

Dec

Aug

12

Oct;

13

5

20

13%

12 Ye

70

100

Silknit preferred

26

26%
13%

—

Scrip

23%

24%

100

Paper

Ontario

&

9%
1.01

50

16

20

—L.

15

Langley's preferred

Osisko

600

100

Paper

Ontario

795

1.40

:

13

T8

V

—

—

..

Preferred

...

...

Humberstone

Minnesota

UTa

1.35

Breweries

Sicks

Jan

Dec

11%
16

Steel

Haves

18

.,,'31

1.40

Gas

&

Feb
Jan

31%

11%

*

*

Oil

12 la

24%

15

30%

—

Donnacona

Foothills

140
165

/•'A:

15

31 %

*

Bridge Co

Dominion

•;

Dec

3% July

2% Mar

95

1

.

62%
,

25

.

—

•

*

•

Steel preferred

Disher

510

3

17%

High

105%

Feb

100

.54

•.

19 %

58%

-100
•

Water & Pow<r
Williams of Canada

7/a

2

Y

105 /

18%

■>;:

preferred

A

1.40

Jan

7

Corp

Lawrence-

Class

Low

.100

Saguenay Power preferred

Dec

LOW

High

Par

:

' ' V::; '

■;

Dec

5%

120

'

Jan

75c

4,755

13%

12 %

Apr

1944

Range for Year

Shares

of Prices

Sale Price

High

1.80 May

400

70c

8%

9%

Consolidated Paper
Consolidated

2

8%

Sales
for Week

..

Low

75

,

,

Range for Year 1944

11%

70c

•

..

Range

Last,

•,

'•

High

11%

Vinegars

Canadian Marconi Co
Coast

Shares

of Prices

Sale Price

STOCKS—

....

Week's'.

Friday

8T0CKS-

for Week

;Range'.

Last

JAN. 5

Sales

Week's

Friday

$10,000

;;:v,
■n

Montreal Stock Exchange
Canadian

Montreal
Sales

Last

Range

for Week

Sale Price

of Prices

Shares

Friday
STOCKS—
Par

High

*

9%

9%

..,100
Agnew-Surpass Shoe common—_——_*

91

91

10

20%

200
50

"

6

Glove Works Ltd

common..

preferred

%

Preferred

Bell

89

Jan.

102

103

280

85

Sep

101%

101%

102

210

96%

Jan

102

47

Jan

50
*

855

13%

163

163

123

23%

6,381

21%

300

•A'-.

2%
...

2%
11%

1,105

14%

Oct

15%

Sep

July

20 Vz

20% May

9%

9%

395

20

6%

21

,.

j

9%

;

Dec
Dec

103% May

119

18

Anr

21

Jan

5

Aug

9

Jan

120

8%

Jan

3,928

'

tw:

•;

.

■

•

11%

12

980

9%

Apr

12%

Feb

40

40

225

31%

Jan

40Vz

•

8%

2,675

46

130

39

39

375

11%

26%

common

*
25
•
*

—

Dominion Tar & Chemical common
common

_
*
.......—1
Enamel & Heating Products.—
*
English Electric class B
—_*

Wares

Preferred

143

Dec

Oct

8

Aug

20

Mar

24

2.55

23,064

50 %

2; 467

25%

26

1,235

1.55

31

45

Dec

Djc

Jan

25%

73

Nov

100 %

15

Jan

Dec

Mav

166

Aug

Jun

174

Jan

25

160

160

160

121

I/O

170

170

13

62

F2

62

50

60

May

85

2

59

Jan

2%

475

1.00
Ltd com *

2%

—__*

7

'

145 '

167%

-

Dec

24

21

2

Dec

2.40 Julv

Apr
May

20

91

100 100%

85

■

v.-'Wr

6%

39 Vz

Nov

Apr

12

Dec

7 735

!

27%

Oct

26

5 Va Feb
Jan

5

Oct

6y2 July

61% May
Dec

85

4

875

52

61%

375

40

14

July

Consolidated Div Sec

Jan
Jan

55% July

775

33 Vz

39

27%

Jan

33

Dec

44%

2,270

33%

Feb

31V*

340

23%

Jan

31

Julv

12%

390

11%

Oct

14

Jan

990

11
30

225

26%

8

8%

1,025
4,816

14

4Va Mar

27%

Dec

Apr

26 %

July

7

Apr

140

9%

1,080

13

310

7%

8

125

13 Vo

Apr

74

6% May
8

May

4%

Jan

5%

71/2

315

3 Vz

20%

105

14%

Apr

8%

Jan

11

565

99%

V 175

104

104

17

17%

15

9% July

Jan

68

72'/a

9

Dec

Apr

22

8

13

10%

17%

1,900

Jan

Jan

85

Jan

93

100

104

11% Mar
Aug

100

55

40

6%

1,665

111

111

10

35c

45c

3,356

Preferred

44"%

3%

6%

....——5

preferred

Consolidated Paper Corp Ltd

—i

5UC

•
*

Dec

•i Jan

12

60c

Sep
Dc-C

3% July
Dec

50c

9%

Jan
Dec

55c

7%' May

Jan
Jan

5%

300

'60c

6%

•

Aug

6%

5,084

60c

Aug

Sep

15c

loo

9%

Jon

2% Jan

375

6%

ouc

:

9%

Jun

57

Mar

IZ

y?; 51;

9

"A"—:—i——*

67%

Feb

10c

730

49

A 3%

48

«—;—*

———

Jan

Jan

2

5

111

Dec

Feb

Cub Aircraft

Frere Limitee

30'

Dec

100

Apr

Ford

Sep

Fraser

1,008

3%

2,684

7%

Aor

5

2%

2%

2%

&>■ 175

25%

25%

£81

23%

37%

3 6 Vz

37%

7j4

20

Nov

Nov

16%:

Nov
Dec

Lake St John Paper & Power—

—

Dec

i

1

5%

60

2%

Jan

6

27%

943

19% Aug

28

2%

Feb

16Vz

Jan

24

270

18

Jan

24%

12%

12%

2,815

5% May

13%

16%

16%

97

Dfd..!—10i»

22%

22%

22%

9 Va

9%

9%

13%

12%

13%

25

25
60

109

109

62

100

99

'100

110

39

35

39

815

Dec

Melchers

May

7%

Hollinger Gold Mines

10%

35

10

Jun

Howard Smith

•

22%

23

3,400

13%

Jan

Jan

10 Va

Dec

Sen

13

Dec

Oct

20%

Jan

60%

Dec

lOVa

Dec

20

25

9%

5

Dec Y

22%

46%

500

60

Apr

7,195

Dec

Nov

Apr

19% Jan

5,700

Massey-Harris

200

7%

Dec

17

15%

36

Jan

9

7

Aug

25

?.\, |13

Distilleries Limited pfd—,_10

6%

4%

5
25

640

8%

Dec • V

Dec

24%

5

12%

*

/

25

Maple Leaf Milling Co Ltd common—*
Maritime Teleg and Tel Co Ltd—.—10

•

J it.'i

26%
38

24%

MacLaren Power &

*
5

Apr
Jan

4% July

■■

25

Dec

Nov

Jan

24 %

*
•

Aug

Paper Co__L__

Mav

4

Jan

26%

26%

>

Feb

3%

4

5'%

Utilities Coru com.:—*
Investment Foundation Ltd common..*

1,400

Dec

3 Va

11

175

4

A',,

International

105 Vz

3

3%

25%

5

17%

•%; 4

3%

*

Limited

Companies.

Dec

' 8

Sep

2

—_*

Motor of Canada Ltd A

Dec

8%

Feb

11%

(Charles)

Gurd

common

...

Lime & Alabastine

Gyo-.um.

Hamilton Bridge

.

Paper common—

Tobacco of Can

-International Bronze

12%

Apr

15% July

425

10 Vz

Jan

13% July

Power

W)

Jan
Jan

30 Vz

Dec

Apr

35 Va

Jun

22%

Jan

United

33

Dec

United

38

106

Mar

115

Dec

United

Securities

100

23

Jan

Auz

Western

"•

21%

21%

1,285

*
108% 109%

•

.

26

26

*
100
*

16

16

65%

...

100

13

Jan

16'A

Jan

65

65

2,390

8

Feb

9%

Jun

10

4,656

6%

Oct

9'A

Jun

25%

135

Jan

27%

Jun

132

5

126 %

2,814

18%

132"

%

23

Car

Dec

29

Dec
Dec

40 % May

46

Sep

2,630

13%

Jan

19

5

15%

Jan

26

July
Julv

44

44

30

_*_•

19%

19%

23

23

Aircraft

%

*8%

Jan

60

195

23%

Feb

27%

52%
27%

16

17

225

*

common.

Jan

35

19%
33

775

51%

_*

5%

5%

60

•

Products

Ontario Steel

3

27%

Noranda Mines Ltd

'Ogilvie Flour Mills common.

Dec

40

750

*'

23%
40

90

40

...

Apr

Nov

135

Sep

40
28 %

40

Corp

Niagara Wire Weaving

Jan

' Jan

40

40
100

16

•

13%• Jan
4y4

Feb

17

Dec

Dec
Jun

5% Mar
28

Dec

9

Mar

..."

28 %

28%

70

24

Feb

Power com..100

8%

11

2,125

7

Jan

100

99

99

50

86

Jan

98

Dec

Page-Hersey Tubes

•

102

102

25

93 % July

103

Det^

Penmans

*

58

58

10

49

60

Nov

1

12%

11%

Apr
Jan

15'A

Jun

5%

Jun

Ottawa

Electric Rys

Ottawa

Light Heat &

Preferred

Placer

5%

Corp

Bros &

Co

Ltd

common

10

7

8

3,280

•

35%

35Y4

1,275

19

100 % 100 Vz

60

93

Jan

101

9 %

75

8

Jun

10

Dec

15%

15%

340

12

May

15%

Dec

11%

11%

50

9

Jan

104% 104%

5

99

Jan

100

preferred
Transport

Provincial
Quebec

Rolland

•

Power

Paper

For

•

common

!

Preferred

footnotes

see

page




—100

139.

Jan

8

36%

12
105

39

Apr.

July

43

Dec

Dec

98

Sep

6

Dec

90

20
50

5

21

103

22

Mar
.

■;

Sep

106% May

13

25

200

30c

May

5%

43

U.%

17
4

4

'17c

2,674

10

10

17

-

2%

Mar
Nov

Feb

10

Apr'

17% July
4

Jan

•

5%

July

2

Jun

P5

95

95

30

78

Aug

95

Dec

29 Va

29%

29%

75

27%

Jun

30

July

18c

19c

6,600

15c

Jan

31c

July

42c

42c

100

39c

Oct

69c

Aug

71c

Sep

25

4

4

Limited.———10
preferred—.

-

Canada Flour

Mar

—

Mines—

/:■
Copper

Aldermac

Mines

Aubelle

10c

Corp Ltd—.—

„;

—...——%——1

Jun

Dec

/

..

J-M

Lak^

•

Siscoe

Gold

—1

Stadacoma

Mines

1

Ltd

66

8c

,

17%

17%

4c,

;

3%c
•'

4c

Jan

4,500

2 %c

Jan1

2,000

l%c Jan

"

1.25
.

J

Jan

18c

May

15%

Feb

20 %

July

98c

80c

Apr

1.30 Julv

Dec

1-08

1.38

Jan

4.35 Julv

900

1.18

Apr

1.50 July

Jan

5.20

Dec

Apr

4.25

Aug

Jan

9c

Jan.

1.32

200

'92C

1,500

2.20

100

1.25

.

5.40

200

3.40

4.50

100

2.10

7c

3,500

11'A
•••

60c
61c

July

4 V'ac

7c

606*

July

6c

10

5.40

11%

9c

4,184

4.50

"•

.:.

,

8c

92c

1.32

y.

15 %c July

17%

1.25

'

Dec

2.60 July

.

2.20

■

61c,
——

800

4c

Gold Mines
Goldfields —

(Quebec) Ltd

6c

1.00

1.10 May

100

3%c

Little Long Lac

Sigma Mines

1.95

.'t

Consolidated Gold Mines Ltd.—1
Gold Rand Ltd
——,—1
Shore Mines Ltd
—1

Ltd—,——*
*
O'Brien Gold
Mines Ltd..-. —
—,-1
Pamour Porcupine Mines Ltd..—
*
Pato Cons Gold Dredging Ltd—
1
Pioneer Gold Mines of B C—
—1
Red Crest Gold Mines Ltd!
—— *

1.95
6c

__

Kirkland

Louvicourt

2,500,:':

80c 82 %c

"

Gold Mines——1
Bear Exploration
Bouscadillac Gold Mines Ltd.—1
Central Cadillac Gold Mines Ltd.—__1
Aumaque

Aug

9 %

of Canada

12%

*

Development

Power
Price

common

May

Jan

Dec

107

22

22

Clay

Manufacture

Woods

100

91%
20

Jan

5

9%

28

;
common

Preferred

Steel

Nov

65%

——25

Breweries

26 V7

July

"

Soutlunnunt
Standard

Dec
Dec

109

32%
v

6%

107

Southern Canada Pwr

Dec

Dec

275

•

Tramways

National

24%
101

8"%

22

Telegraph

Montreal

Apr
Jan

25%

*

Montreal Lt Ht & Power Cons
Montreal

14%
76

9 %

Montreal Cottons preferred

Ottawa Car

Apr
Jan

19

,

(Robert!

National

19%

5,699

101

107% July

94

6%

20

24 %

7%
10

805

40% '

94

Bridge Company Ltd.:——

820

32%

101

39%

94

6% cum ptd__100
Investment
Products Limited...100
Corporations "B'-'_——
Distillers of Canada Ltd——

32

23%

Massey-Harris
Mitchell

Sarnia

12
22

28

*

common

common

Oil

Nov

105

15

(John A)_;
preferred——

McColl-Frontenac

18%

40

Quebec Pulp & Paper pr
Reliance Grain Co Ltd preferred—

18

_.

Ltd—
———*
Nova Scotia L & P 6% cum pfd—.100
Power Corp of Can 6% cum 1st pfd.100
6V0 N C part 2nd preferred—
50
Corporation

Sep

30

65

Ontario

&

Minnesota

27

18

.100
Woods

Mar

21

30

common

Lang & Sons Ltd

(C

300

25%

963

Preferred

Lindsay

July

32

25

2,335

25

j International Petroleum Co Ltd

tne

Moore

13

—.100

Paper

Preferred

of

Dec

31

Int Nickel of Canada common.,

Lake

Dec

112

13°/4

:

International

22%

Paper—
*
Montreal Refrig & Stor 1st cum pfd—*

13

24%

5'^

Jun

31

26% Mar

Ltd

Co

13

—*

common

Preferred

International

106% Mar

8

13 V2

common._.5

Acceptance Corp common—"

Industrial

6%

*

Imperial Oil Ltd

fmnerial

7% Mar

—*

Bay Mining

Hudson
f
-r

as

110"- 110"-

100

Preferred

50

6%

4c

10%

Dec

Apr

11% Mar

l.mo

4°c

Mar

1.25 JIUV

61c

4,300

56c

Dec

71c

1,000
1,*00
550
260

11%
65c'

200

74 %c

Dec

—

Oils-

Calgary & Edmonton Corporation
Davies Petroleums Ltd
Oil

Dec

Home

Nov

Royalite

Co

Ltd..—.—

Oil Company

Limited

Ltd.*
*
——*

*

71c

71c

15c

14%c

15c

3.30

3.15

3.30
20%

20%

20

.

Nov

5%

3'A Feb

50

8

11%

21

103

/ 5

11%

Feb
Jun

33

39 %

*

5

7%

Hydro-Electric Securities Corporation.*
International Paints (Can) Ltd A
*

100

Jan

Jan

—.—*

Ltd

Aircraft

Fleet

Dec

24

*28%

•

Aircraft Limited.—

Fairchild

*

7%

Ltd

Co

Paper

Doumirnna

110

505

30

38

18%

Jan

16

100

18

30
38

Dominion Engineering

9%

Dec

18

"A"__Z.___—f:
Works Ltd.
4
Dominion Oinuolh
Linoleum
—•
Dominion Square Corp—
—*
Dominion Woollens common———*
David &

14 %
7

Corp Ltd.—

'

460

55

6%

Apg

7

Oct

47%

55

6%

8%

% May

Dec

31

26%

-

Mar

70c

May

4

General Advert Ltd..—_*

14

Jan

11%

12 Vz

103%

75

6%

v./";7.-

Commercial Alcohols Ltd common

10%

745

51

Neon

Dec
Jul.v

42%

•

7

6%

60

—1
—100

" Dec

Dec

4,077

>

7%

50c

30c

6%

Limited common—
preferred i
:

2% Mar

1.85 Jan

1

7 Vo

Claude

,

30c

common..:

7

17%

42

72 %

Vickers Ltd

Canadian

18

Y

130

13

12%

——_

Cassidy's

15

13 Vz

preferred

5Vo

Dec

99

„,

Jan

Canadian Power & Paper Inv

Dec

7"'"360

12 %

33

Dec

»

47

17%-f

131/4
49

Jun

45 V4

Jan

32%

150
:

,

6V2

17*8

8%

Jan

5%
41

29

10%

:

Jan

6

24%

pfd__100

Inter Inv Trust 5%

Canadian

Jan

-—*
—*

common

60

21

*
Canadian Industries Ltd class "B"—*
I'/c
cum
preferred
j
;
100
Canadian Ingersoll Rand.
—50

Nov

55

45

Ltd..

Jan

20%

5% r/c preferred

Canadian Dredge & Dock Co

High•
4% July

52%

439

.

640

100

100

36

____.__._100

—

pfd

Apr

2.30

26

.—*

Co

7%

25

...100

preferred

Sugar

Power

20

v

6%

Corp

Foundation Co of Canada

Northern

27

8

•V.

50

—100

:

Dominion

fz

1,405

46

26%

Dryden Paper

Gatineau Power common—

Preferred
Canada

1,230

1944

■

2'A Apr

1,425

145

23%

24

Low

50

8

2.55

preferred
—
—
.100
Canadian Westinghouse Co Ltd———*

30
••

26%

9Va

Dominion Steel & Coal B

common—

8

21 Vz

—y—

& Steel.—

Co

V'

3%

144

8

Range for Year

Shares

tttah

48 %

144

;*i.v

*
•
1

Ltd

2,375

13

29%
46

common—!

Foundries

7%

Canadian Marconi Company
8 Va

45%

•
•
*
•

common
new

preferred
preferred

6%

for Week

Dec

25

Celanese

i

Brandram-Henderson

Canada

2

119

119

7%

*

,

(J

Sales

Range

3

3 Va

British American Oil Co'Ltd

Jan

Week's
,

of Prices

49%

Brown

Jan

"

'

Funds

-

Low

•

common

Dec

15%

preferred

Preferred

>

15%

.— 100
—*—r—..100

Power Se Paper

Abltibl

Jan

15%

—

>

Oct

15'A

—

Par

3V4

78

18%

;.!i:

100
'Canadian Ind Alcohol commun™.
*
Class B
—u.—
*
Canadian Locomotive new common_:±_*
Canadian Pacific Railway
25
Cockshutt Plow
—:
——*
?
Consolidated Mining &s Smelting
5
Consumers Glass
—!—*
Distillers Seagrams common
*
Dominion Bridge
—•
Dominion Coal preferred—_
...25

t

30

Sale Price

11%

120

Canadian Car & Foundry common

Steel

Sep.

STOCKS—

Jan

8

50

Textile

26

Last

1.85 May

75
285

Canadian Bronze common

New

Nov

Jun
Jan

.

17

Preferred

General

24

60

Canadian Breweries common

5%

24%

Sep

19

1,265

11%

"■

•

151% Mar
20

Nov

164

19

Steamship common

Electrolux

135

Friday

16% Mar

Jan

60

preferred

Dominion

14%

21

—_—100

Dairies

28%

Canadian

Jun

17

_——

Canada

Dominion

14%

23 y4

*

Class A

Cottons

28%

10

_

_

52% Aug

18% May

22%

*

Northern Power

Dominion

445

.

5

1

common.

Prefer:. 1

Canadian

10

52 %

22%

_—..100

Canada

New

,

52%

"•

•
*
*
*

:

r

21%

-

Y'

...

Power

Canadian

•

-

—

100

—

Mills

Canada Forgings

5'/o

.

& Paper class A

Cement

Sep

Montreal Curb Market

Dec

pfd

of Can

Building Products class A
Bulolo Gold Dredging
<—1
Canada

Sep

18 Vz

Dec

——

B

15

Oct

Dec

325

Columbia Power Corp A—

Calgary

98%

1,952

99

Ltd

Silk

Dec

15%

Dec

16%

Corp

Class

.

—

May

16

99

Telephone Co of Canada.
& Pwi'—

Bruck

113

Jan

15%

—100
*
..100

Brazilian Traction Lt

British

Jan

——-*
--

Bathurst Power

14

535

..10

new

Royal new

Jun

112

9

Anglo Can Tel Co preferred
Asbestos

980

17%

Nov

17

Jan

13%

113

common

Aluminum Co

435

14%

Jun

92

Jan

51/4
90

113

Preferred
Aluminium

11V*

Aug

250

_————100

;

Algoma Steel

20%.

Sep

15

14

17

.

15

10

.

_

_

High

LOW
•"

15 Vz

14% Sep

10

.

new

new

Scotia

Nova

Range for Year 1944

Low

Acme

v

Commerce

Funds
Week's

;

Banks—

Canadienne new

1.85 May

1.95 Mar

<

2.85 Nov

18

Oct

3.G5 Mar

21% Mar

Volum e

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4349

161

139

OVER-THE-COUNTER MARKETS
Quotations for Friday Jan. 5

■

•

For

Investing Companies
Bid

Par

7.47

Aeronautical Securities———1
Affiliated Fund

1»A

Inc.

Corp__
American Business Shares
American

-1

3.33

5%

.—1

Industry Shares——10
Tr of America

Baste

ft 3.75

-

/

-ft

K-2

30.54

31.35

33.84

16.89

18.52

Inc_.

Fund

Bullock

Canadian

Ltd.,

1

Fund

Inv

Ltd

_1

3.40

30.15

com—100 2,630

Securities

Christiana

Preferred

100

1

Commonwealth Invest
Investment Trust

1

Series
'

Series

mod

ACC

Series

-•

(Md)

2.92

5.12

——

Cumulative Trust Shares-

Bond

Shares

Dividend
Eaton

2.92

5.90

1

12.73

10

12.29

13.43

Fund
Inc

1.37,

1.50

19.58

Preferred

•"

25c

fork

42%

,44 l/4

/.

Bank

*

Fund

Trust

Mutual

Fust

21.64

InC-5

Fund Inc.
luuuairial Fund,

Financial

1.86

6.02

•:

15
54%

16'A

Merch &

Mfrs

10

57%

Monarch

Fire

4.31

American

Reserve

io

19%

20%

National

Casualty

American

Surety

25

9.17

10.85

;

25.10

27.51

5.12

5.90

(Detroit)

62%

National Fire

10

37%

40%

7%
81 %

National Liberty
National Union Fire

20

25

6%
76%

100

Camden

Fire

610

30%

Amsterdam

55'A

2

Casualty

26%

28%

10

27%

30

—10

44%

47'A

5

11%

13%

2.50

New Hampshire Fire

21%

23%

8

19%

21%

City of New York

10

18%

20%

11.69

Connecticut General Life

10

62%

64%

North

7.86

8.65

Continental Casualty

5

45%

48 %

Northeastern

Crum & Forster Inc„

10

27%

29%

Northern

12.50

78 V2

33%

Pacific

Fire

25

97%

10

31%
58%

62%

Pacific

Indemnity Co

10

52

Phoanlx

49
85%

8.87

9.50

7.01
10.56

11.61

20

Fire Assn of Phila

7.72

io

Fidelity & Deposit of Md

10.44

Metals

Federal

10.89

Machinery

Employees Group
Employers Reinsurance

9.75

9.91

stock

7%
177

167

10.64

equipment—

58 "A

6»A

2

New Brunswick

635

/

4%

28'A

10

59%

New

6

4ya

8.01

13.37

2

47/a

4

10

Boston

11.92

12.17

Fundamental Trust Shares A—it

Y

12.73

ftft Diversified Speculative.—_ft_
Insurance

N

11.59

9.46

Ereotricai

Fire
Ins

2Va

Automobile

12.66

6.^2

2ya

ft 7.28

-

11.52

"i.55

;

1

Massachusetts Bonding-,
Merchant Fire Assur

Baltimore American

6.58

14.18

ft; 8.60

3.95

50%

Casualty

Re-Insurance

—_

10.65

Snares

Trust

Maryland

American of Newark

American

,5

Bankers & Shippers

stock

10

Trust Shares A

Foundation

12%

American

14.04

;

A—1

Fixed

13%
17%

11%

8.24

Diversified Investment Fund—

2.05

12%
16%

American Casualty
American Equitable

10

20
—

7.57

5.93

Chemical

23.30

8

Fidelity & Casualty_5

47%

North America

Knickerbocker

5.84

ft 8.30

-

1

Aviation

Insur Co of

Jtrsey Insurance of N Y

23%

7.49

—

Automobile

15.39

1

pfd

24.68

14.33

41%
77 -V

21%

;

Alliance

10

3.81

Fund

Agriculture
22.97

40%
73 %

io

American

Stocks Inc—

1
1

Fund

io
28

Life

Agricultural

27 Va
14

0

—

7.97

-

Building supply
Fidelity

1.54
8.88

66%
35%
7%
7%
72%

Fire

—

6.79

stock series

New

Homestead

5.27

series—

series

England

52%

28%
16
89 %
38%
9
8%
76

5

141 %

49%

-i 7.24
-

,

stock common

New

12%

133%

10

Home

Ask

Bid

Par

10

Aetna

1.40
8.21

1

'

Stock

4.10

Companies

Ask

Bio

Aetna Casual & Surety

4.16

•

25c

series—

stock

Insurance
Par

Aetna

series B shares

Low priced

6.75

i

Equity Corp $3 conv

25.37

11.84

Low priced bond series—
18.11

Fund

Stock

10.55

23.59

Securities—

Industrial

Howard-

&

Balanced

X9.60

.!

series

Bell Teletype NY 1-953

DIgby 4-4950

Inc—

Investors Corp—

Income

1
2.50

D

7.23

100

2d

Y.

43.10

lOo

Tel:

99.80

42.24

National Security Series—

Diversified Trustee Shares—
C

6.59

voting shares

National

1

Fund-

Delaware

40 Exchange Place, New York 5, N.

5.91

97.80

Trust
Fund

Invest

(Colo)

50 %

2.34

1
.1

mod

AA

i

•

-

Investors

Mutual

2.34

ft Accumulative series—

.

10

Fund

Bond Fund

Investors

Mass

2.54

.1

AA

-5.32

•-

Mass

5.76

48%

1
—1

Corporate Trust Shares—

Members New York Curb Exchange

12.96

11.76

_

Fund—

Common

Nation-Wide

Consol

15.20

-

.

Maryland Fund Inc

143

5.30

28.04

13.82

Co.

&

Members New York Stock Exchange

25.18

25.54

-

—

SHASKAN
•

21.17

22.88

;

Looruis Sayles Sec

2,730

138

19,33

S-4

Manhattan

■

—

Loomls Sayles Mut Fund

10.91

12.14

Real Estate Bonds

on

22.00

11.06

.

Knickerbocker

32.41

10.0.9

31.15

20.03

—.

S-3

.Series

'4.00

•
1

Century Shares Trust—:
Fund—_

"Chemical

—

S-2—

^'Series.

107.52

19.10

Street Invest Co Inc.—6

Broad

K-l

Series

29.28

28.42

.ft
-

Series S-l__

103.22

Fund

i

B-4

Series

6

.,—5

Inv

Boston

B-3

ft'/Series

13.94
16.29

1

A Common

Bond

Series

Series

Investlng.lOc ,,12.85
_1
15.15

Foreign

Nat Investing—

B-2

Quotations

Ask

v

-

Scries

4.12

„

Bid

27.93

Keystone Custr-Man Funds—
Serfes B-l

4.50

ft 29'A

Axe-Houghton Fund Inc—
Bankers

Par

8.12

4.11

27%

10

Holding

AAmerex

Ask

48%

/

Fire

River

6%

6

5

10 %

Preferred Accident

168%

157

York

New

83

102 V2

,

,5iy2
89'%

5

12ya

14

10

32%
4'A

35'A
6%
29%

'

Fundamental

Ino

Invest

Oils

-*

4.76

•
1

B

36.49

39.24

5.68

5.74

Capital Corp

General

General Investors Trust

Railroad

ft Aviation

—

shares

;—-

shares

—

Building shares.
—

Administered

——

,

shares—

6.91

Series

.7.51

8.26

Series

Industrial Machinery shares-

Institutional bond shares—•—

Series 1956—

I———

Low Price Shares

Mining shares—.
Railroad

—-

1958

shares—

—

5.51

8.24 '

Quarterly

9.96

Republic Invest Fund

8.04

1

7.31

6.54

4.11

4.53"

5.04

40c

'2.45

S'/bS—1974

Y

1974

Birmingham Electric 3s

New

Burl

&

Quincy 3%s__1974

104'A

104%

Conn Light & Power 3s
1974
Empire District Elec. 3%s__1969

Commonwealth

80c '

Fund-series

24.75

B_:

C

A—-

90c
25.52

21.23

—

*

4y8s

22.37

17.80

Lt&ftP wft Share&^.+ft-ft

1974,

Florida Power & Light 3y2S_1974

7;81

20!46

Stock Fundi—_

9.58

7.14

1977

3s

3%s

Florida. Power

23.21

8.76

——

Edis

1979

-

105%

New

107%
107%

Pacific Gas

1975

1973

106%

106%

108%

109'A

1970

111%

113

.—1958

106 Vi

107%

3 Vis

105%

(Indiana)—

series E

—1980

106%

107ya

San

& Pow 2%s—1974

102%

103ya

York Corp.

Diego Gas & El 3%s
4Vis

"1.89

10

28.13

A Blair

&

13.69

13.99

AFlrst

Boston

19.28"

17.67

—-1'

Wellington

26.43

America

of the Manhattan

Co.—10
—100

Bankers Trust

10

Brooklyn Trust

_100

.Central Hanover Bank & Trust 20

Investment

Banking

"

Corporations

..-ft

-v../''

-1

Corp—

'-■314
39%

40%

•

:

ft.

•

"

••''

.

ft

.

' •

.,

ft

*

-

■•

Bank

Bid

26%
4.50

50%
113

110%.

15 X. 44%

& Trust

_10

51%

Co

20

50

10

24%

Corn Exchange Bank & Trust_20

54%

Bank

&

Trust

Empire Trust

83

;

50

Fiduciary Trust
First

National

29%,
Bank

100 1 ,770

Ask

-•

Bid

Ask

Trust—

—.

.Grace National ii—i

4.62

—

Bid

Int. Rate

%%

15,

1%%

100.5

15, 1945

1945

%%

100.6

99.31

t%s Feb.

100

10.90s Mar.

1,

.0531

1%%

100.23

100.24

.0541

.0603

1 'A %

100.8

100.9

t%s May 1, 1945
t%s June 1 1945

.0450

.0529

100.25

100.26

.0645

1%%

100.7

t%s Aug. 1, 1945
t%s Sept. 1. 1945

.0532

100.8

1%%

100.17

100.18

t%s Oct.

1,

1945

.0539

.0684

t%s Dec.

1,

1945

.0665

.0843

.0581

.0776

tDec

1946

15.

tMar 15 1947

tSept.

15,

tSept.

15,

—1%%

1947
1947
1948

ISept.

15,

_

t0.90s

1,

Jan.

4s

ft

31%

1,810

series

as

v

12

11%
12%
100 1,445
1,490

Title Guarantee & Trust.,

United States Trust

A—————1988
—1988

94

96

97

99

2nd

90

1946

1,

Tj.ma

Jan.

*

now

Losn

15,

~Q

o v.

Federal Land Bank Bonds—
100.1

3s

100.3

3 S J El H.

ir

69

71

Akron

1994

104%

income

4%s

A

_2019

86%

,88 %

Gen

income 4%s

B

2019

70%

72%

Chicago Rock Island & Pacific¬
ist 4s
Conv

Canton

income

4%s

1994

102%

&

Income

Rio

79%

4%s

____:

1st 3-4s income
Seaboard Ry 1st 4s
Income

4%s




100.28

.100.30

102%

102%

1947

104%

105 A

1961

133

134

_ig4e

3S
3s

United Stales Treasury

45

r

■

•.

Rates

\ A.

'Pacific
21

23

_——_—

52

54

———;

*

fc/r discount

ft

11,

February 1, 1945

23 /'

25

February 8, 1945

53

55

February 15, 1945

26%
56%

Bid

27

23,

March

1,

1945

March

0.32%
0.32%

1945—

1945

March 8,

0.28%
0.32%

15,

-

1945

March 22,

1945

Maroh

1945

Ask

bO.375,0.33%
bO.375 0.34%
b0.375 0.34%
b0.375 0.34%
bO.375 ,0.35%
bO.375- 0.35%
bO.375 0.35%

28%

25

bO.375
bO.375
bO.375
bO.375
bO.375
b0.375

Bills

purchase

at

Ask

February

1945
January 18, 1945
January 25, 1945
January

Chicago Rock Island & Pacific—

preferred —_———100

are

Treasury bills-

.——ill-—-——

Common

quoted
Bid

Denver

&

Rio

Grande

com—

i

—

58%

Grande.

103.21

Issues

:

0.33rb
0.33%

29,

April 5,

1945

104%

77%

102.21

U S Conversion 3s

n g Convers}on
—

t: 86

—

Chicago Milw St Paul

Preferred
Denver

43

—-—-———

preferred

r.U'i"'. '*:>

5%

2019

'

—

102.19

Ask

106%

Gen

1955-1945

-■/'"'
& Youngstown—

Common

Preferred

Chicago Milw St Paul & Pacific

iqj<j

iqri?

38 Ma? X» 1956-1946—

0.75%

Ask

101.10

103.19

1956-1946————...

1,

vr...

b0.90

1945

Bid

101.8

1955-1945

Panama Canal

Bid
—

Common

1st 4s

.0669

issued)

92

2003

4%s

if

5 %

1983

—

and

stocks

Indianapolis & Louisville—

1st 4s

.0541

Ask

Bid

Commodity Credit Corp—
tiy8%
Feb 15, 1943

sy4s

Ask

Youngstown—

4%s series B

Chic

—

Obligations Of Governmental Agencies

..

(When,
Bid

;

.

Reorganization Rails
:ftftv

.0499

.0463

Federal Land Bank Bonds—

.ft

.0439
-

1945

%

Other

&

.0442

1945

t%s Apr.

1

0.85s

Canton

.0374

1945

1,

100.5

1946

VAr4a.ni

Bonds—

of a point

Dollar Price 100 Plus
Bid
Ask
of Indebtedness—

Certificates

100.4

IMar 15,

FodcrSil' Home

Akron

..

Maturity—

Ask

100.4

100.2

1945

tDec.

100
180
200
-100
200 >
52%
Guaranty Trust
;
-100
349 y 357
118
Irving Trust —1—i
—10
16%
17%
liA.%
Kings County Trust——
100 1,705 -ft 1,755
46%
Lawyers Trust——
25
40 '
43
5*
ftft Manufactures Trust Co com—20
54%
56%
Conv preferred-—-—
20 - 51%
53 %
52%
Morgan (J P) & Co Inc
100
274
284
25% ft National City Bank
12%
43%
45%
57
New York Trust
—
-25
102
106
87
Public Nat'l Bank & Trust—17%
48% '
51%
'ftft Fulton

28

■

Quolaiions For U. S. Treasury Notes
IMar

Par

.

»..•■

•.

3%

10

Co_"——i.T

Oily Banks & Trust Gas*

Commercial National Bank &
Trust

105

,J102%

Puget Sound Pow .& Lt—
4'As
-1972

>

107

104%

M

102%

102%

104%

1974

Public Service

105y»

series

102%

Electric 3s—1974

&

109y2

109
104%

3%s

106

104%

Potomac Edison 3s

1970

Houston Lt

105 y2

104%

2%s

108*%

105 Vi

York Chicago & St Louis—

105%

Great Northern 3yas ser K-196Q

3%s series L

Orleans

3.yes

107
107 Va

102%

104%

Elec 3s_—,.—1974
Public Service

Narragansett

102%

7.10

Ask

102

1974

103%

102

6.30

Shares—_25o

101

100'A
103 V*

1974

3s

Light SVaS—.1974

&

Power

1.14

Bank of New York

Continental

51%

Bid

Miss

1974

1

14.31

ft'. ft-x\,'-'4' -*: Par

National

36'A

Kansas City Term Ry 2%s_1974

Power

B—__;—ft-1

1.03

—

Shares-

New York

Chemical Bank

33%

Ask

Power 3%s

Mar 15,

Chase

79'A

2.80

Figures after decimal point represent one or more 32ds

Bank

74'A

104

TfKPA

Y

Maturity-

ftftft

40 Va

4

N

Chic

Oj——f.——1

Investors Fund

Lt

&

Pow

Central

Union Preferred

1.09

98c

shares

of

Co

Investment

37 »A
'558

543

10

Westchester Fire—

42%

39%

Bid

Arkansas

Calif-Oregon

13.06

Insurance Greup

Stock and Bond Group

-

34%
126

38 Vb
48%

U S Guarantee

105 %

'

2.45

Bond

U S El

51.75

2.33

;

13.92

—

100

—

Fidelity & Guaranty Co—2

47%

Recent Bond Issues

1

Series

'% 2.75

12.70

101

~7.14

2.57

1

Union Common- Stock Fund B—.

Ltd—

28

10

Fire

—1

Series

1.67

Bank Group shares;

U S Fire

9

74 y4

%

4.03

Stand"'Oil Shares—

ASeries

Union

25.76

-

28

io

3.67

48.75

i

A Series A__ft_—
;

52c

1.53

Securities

U S

Hartford Steamboiler Inspect..lO

6.52

—1
Street Investment Corfcuift

Trustee

4.79

ft 5.53

Inc

Group shares—.

34 JA

Travelers

11.59

Super Corp of Amer AA_
Trustee Stand Invest Shs—

23.96

Aviation

10

30%

98.39

State

„—10c

Institutional

25

32%
120J/2

84

4.37

5.32

.

Incorporated Investors
,_5
Independence Trust Shares——•
-

10

28%

16.03

10.63

6.76*

4.83

4.57

Fund

Security New Haven
Springfield Fire & Marine

23%

45 V*

80

8

14.91

96.45

Sovereign Investors:

•5.02

—

10

Standard Accident

Hartford

•

7.54

'*4.35

Foundation

71 'A

Seaooard Surety

22%

American

21%

12 %

7%

preferred

27%

10

Fire

21'A

64c

1

Trusteed Industry

Common

10

(Texas)

(Paul)

8

Hanover

2.55

Income Shares—

HK

Income

Republic

13 Va
"

com,

Rutgers Fire Ins.

59c

_1"

C—

J

2nd

12

2

lOo

D___I—

Holding Corp

&

Great

Amer Shares——2%

A Series

A Huron

45%

Globe

Selected

A Series

shares

43 %

2.84

1

Fund, Inc__—

:ft 8.15
>
7.19 ;i

5.86

shares

8

Glens Falls Fire

Selected

10.94

10.43

5.24

Utility

20'A

2.95

10c

Inc Shares—.

5.32

Tobacco

18%

Fire

y

Scudder, Stevens & Clark

7.49

—:

4.76

Steel shares

10

7.24

1

Plymouth Fund Inc.
Putnam (Geo) Fund

'

Railroad

stock sharesEquipment shares—

St Paul Fire & Marine

2.22

1

6.38

11.57

6.14

shares:!——

Petroleum

Revere

55 'A

1
:

5.80

6.86

Merchandise shares

25%

52 %

*

10.53

X. 7.41

Investing

23%

Q

Franklin

General Reinsurance Cory
Gibraltar Fire & Marine

Globe & Republic

1955

8.55

Series

8

7.68

37%

1953_-_——

9.06

bond shares

General

7.80

6.28

Amer

91%

9.11

shares

Trust

7.09

-.5.00

Chemical shares
Electrical Equipment
Food shares

Fully

North

68%

6.58

———-

7.78

Agricultural" shares

64%
87%

6.98

North Amer Bond Trust ctfs

Group Securities—

,

;

Providence-Washington
Reinsurance Corp (NY)

10

Fireman's Fd of San Fran—10
Firemen's of Newark..•
8

8.28

—ft

Railroad equipment
Steel

Automobile

-

2018

——1993

70

88%,
98%
72'/4

72

90%

100%
74%

Seaboard Ry common——
Preferred

—

59

#No

par

tin default.

value,

tThese bonds

furnished by sponsor or issuer.
a

61

Odd

lot sales.

„

b Yield price,

are

subject to all Federal taxes.

Result of the merger, effective Jan.

Casting Co. with the W. B. Jarvis Co.
d Deferred delivery, e Ex-interest,
to Stock Exchange,
r Canadian market, s Cash sale—not included in range
y

Ex-rights.

AQuotxitions not

_

c

1, 1945, of Doehler Die

f Flat price,

k Removed

for year, x Ex-dividend,
.

.

■-"/

r&UgtMtHU*''

»«f rUS-Bj^i H><MV»W*»»4«.w«4,

f»

*.^»«<NiuMIVHUKH>W«»d^J^«WoMW <i >

:)
{

Monday, January 8, 1945

CHRONICLE

THE COMMERCIAL & FINANCIAL

140

,

,,
Week Ended Dec.

?THE COURSE OF BANK CLEARINGS
'!•

this week will show a

Bank clearings

'

.

decrease compared with a year ago.

Pre-

based upon telegraphic advices from the chief cities
that for the week ended Saturday, Jan. 6, clearings for all

liminaryyfigures compiled by us,
indicate

of, the country,

cities

i:

possible to obtain weekly clearings will
week last year. Our preliminary total
against $11,533,874,781 for the same week in 1943. At this

Third

.■

1.

ri

*

>' '■

■

i

•

•■'.

,

■

•VT.

/■V

•

■

•

$5,394,803,004
450,395,636

"575,000,000

Philadelphia—

York.

_

5.1

—

Federal

;

622,775,383

District—Cleveland
istrict—Clevel

3,682,542

2,639,642

"3,000,000

—

1.8

106,820,000

+

7.3

105,140,802

92,113,889

+

3.6

231,587,430

183.054,023

14,817,800

14,629,700

+

1.3

12,800,300

13.939,100

2,352,939

2,261,504

+

4.0

Youngstown

278,187,000

—12.0

267,202,791

—22.3

228,595,511

—22.5

135,745,523

$7,381,360,029

$8,035,750,887

...

Total

Fifth

Federal

8.1

—

1,727,935,495

—19.9

—10.2

District-

Reserve

—12.7

648,535,865

252,920,439

549,651,890

623,277,968

*

+ 16.6

2.065,996

;| /

1,721,308

+ 20.0

2,758,943

2,194,225

145,226,317

.4,4

161,431,082

121,254,855

37,524,008

—

r,

29,082,806

253,734,551

5.5

+

38,132,597

275,524,676

+ 22.3

30,679,709

267,560,499

Columbian-Washington-.

Federal

5.425,000

57,550,124

■

+ 24.6

;/..

(6 cities).

Sixth

6,568,000

74,718,080

Y;

5,339,000
69,643,649

138,777,713

Carolina—Charleston

District of

930,011

905,765

6,654,000

-

Maryland—Baltimore™.!
5.0

+ 16.4

81,230,154

.

Richmond

1,124,568

1,308,628

I",

Virginia—Norfolk

+ 23.8

—

£•

imond—

Virginia—Huntington

South

$10,956,093,956 $11,533,874,781

265,941,220

*

West

$9,763,686,382
1,770,188,399

2,730,352

1.8

—

0.3

+

; $8,764,875,165
2,191,218,791

566,097,832

2,417,784
3,567,013

2,077,864-

+39.6

298,162,165

198.087,604

(7 cities).

■

2,800,550

3,909,176

——

(Pennsylvania—Pittsburgh.

4 225,486,842

the week covered by the foregoing will appear

We cannot furnish them today, in as

much as the week

figures are not available at time of going to press.

the last day of the week in all cases has to

be estimated.

District, the totals are smaller by

District the totals are larger by 9.9% and in the
II Sari; Francisco Reserve District by 6.4%,
^
• 1
ji ; In the following we furnish a summary by Federal Reserve Districts:

|j 14.3&

590,355,944

CM* CSJ

-b

220,179,404

—12.0

In the Kansas City Reserve

of 2.3%.

Reserve

3,617,999

161,700,000

16.9^ in the St. Louis Reserve District of 2.1% and in the Minneapolis Reserve
District

622,616,354

636,530,197

Columbus

;
In the elaborate detailed statement, however, which we present further below,
4; we are able to give the final and complete results for the week previous—the week
11 ended Dec. 30. For that week there was an increase of 12.3%, the aggregate of cleari l ings for the whole country having amounted to $10,653,933,617, against $9,487,284,091
|i in the same week in 1943. Outside of this city there was a gain of 0.7%, the bank
!iclearings at this center having recorded an increase of 22.0%. We group the cities
I; according to the Federal Reserve Districts in which they are located and from this
|• it appears that in the New York District (including this city) the totals show an
f\ improvement of 23.0%, in the Boston Reserve District of 5.1% and in the Philajidelphia Reserve District of 2.2%. The Cleveland Reserve District suffers a loss of
f112.7% but the Richmond Reserve District enjoys a gain of 5.5% and the Atlanta
! Reserve District of 5.7%. In the Chicago Reserve District there is an increase of

I

1

228,140,946

136,113,822

Accordingly in the above

2,092,965
5,391,600

115,171,368

176,094,561

Saturday and the Saturday

2,224,969
6,471,100

Cleveland—*

Total

^ends

33.4

+ 90.1

Cincinnati

—11.1

244,892,000

issue of next week.

—

Ohio—Canton

207,741,770

Complete and exact details for

+

Yvi 3,071,800

5,839,900

c'ties)

(10

Fourth

6.1

—

1,383,515,136

our

1,379,696

+

■y44-

Mansfield.—-

Baltimore

in

30.9

1

—10.8

Cleveland

!

+

1,589,785

2,120,355

—

—13.9

Pittsburgh™^.

..

1,534,343
3,010,959

1.364,796

+ 11.1

1,162.071

Jersey—Trenton

192,622,052

San Francisco.

:

1,788,134
2,576,357

'

143,900,000

,

1,886,027
605,000,000

74.2

+

514,277

1,500,199

.

2,170,568

Wilkes-Barre

351,499,370

St. Louis——

Total all cities, five days.

1.5

990,056

1,475,273
:•

572,000,000

26.7

610,000,000

171,872,130

-

524,312

+

1,724.878

490,341

403,035

1,503,042

-+

-

302,747,414

Boston
Kansas City__.

cities,

9.6

10.5

—19.9

1,393,100

—

Philadelphia

Total

$5,063,337,446

-

4
.+

%

1944

;

Chicago———

Ten

"/'--.f;

:

;

511,000,000

6

1945

425,660,886

Ending Jan.

Week

454,836

"

.

973,899

--i'"

Reading

New

Vk - "M:,'

Clearings—Returns by Telegraph

■'

Our comparative

■*

S

903,141

Scranton

week ended Friday of 6.1%.

1941

1942

"

or

830,997

498,564
.

Chester

j standi at $10,956,093,956,
i; center there is a decrease for the

for the week follows:

Inc.

Dec. %

Bethlehem

Lancaster

summary

,i

District-—Philadelphia—

Reserve

Federal

■

Pennsylvania—Altoona

of the United States from which it is
j be 3.0% below those for the corresponding

J

1943

1944
V

i

30

;but in the Dallas Reserve

3.3

37,252,932

—14.5

.34,354,837

122,100,000

+ 12.4

12,198,285

12,600,684

2,492,849
44,533,181

48,758,237

41,748,777

4,499,674

4,318,393

333,802

212,290

77,039,325

72,719.420

AugustaMacon

Mobile—

:

Mississippi—Vicksburg—_.

Total

Orleans

Seventh Federal Reserve

1,550,000

1,410,199

38,380,972

29,212,000

+ 16.8

40,835,613

38,259.194

4,754,989
213,159

2,910,129

+ 57.2
r+

6.0

72,616,052

64,286.722

+

5.7

4.2

+

457,226

720,808

4,966,252

4,452.779

1,692,623

2,219,961

'

i

5,112,356

4,565,303

Lansing

+ 12.0

2,424,794

+

68.0

+

4.7

3,733,766

2,894,003

Indiana—Fort Wayne

:::

0.9

Bend

+

3.6

5,390,082

Haute

2,876,593

+

29,562.000

30,629,000

5,986.179

29,481,000

Indianapolis
Terre

280,051.425

356,766,257

+ 13.4

"500,000

567.065

41.

Rapids

South

176 658

District—Chicago-

Michigan—Ann Arbor
Grand

2,402,067

2,680.654
*

7.0

+ 32.9
—

342,454,629

(10 cities).:

26,585,177
108,500,000

151,300,000"

+ 22.9

1,972,549
'47.904.347

Alabama—Birmingham—

+

2,027,636

2,621,303

Florida—Jacksonville

Louisiana—New

6,308.379

10.049,981

31,851,103

137,200,000

Nashville

Georgia—Atlanta

—

'HI

4,323,611

8,790,105

+

6.1

9,740,721

9,063,769

Wisconsin—Milwaukee

33,815,465

+

4.2

34.294,405

29,327,074

Iowa—Cedar Rapids
Des Moines

16,752,807

Sioux

9,327,883

v

Chicago-:
Decatur

Peoria

—

475,713,186

512,591,850

s

_

_

Rockford

:>

2,041,468

1.847.065

1,807.467

42.6

+

+

2,004.327
1,724,538

___

528.265

459,538,195

+ 32.6

4,276.518

_

■;
_

__

4,823.635

445,297

444,732,983

5.7

+

1,260,662

_

12,951,407

6,180,311

+ 36.5

386,012

,i

1,405,366

14,745.091

7.1

—

6,301,025

Illinois—Bloomington-6,-w.

1,694,293

6.6

—31.2 '

2,465,070

City

Springfield

CLEARINGS

SUMMARY OF BANK

District—Atlanta—

Reserve

Tennessee—Knoxvllle

—

I4,692.171

4.842.604

1.9

1,829,229

2,013.202

9.2

1,798,546

1,669,744

'

'.v.'"f

Federal

r.!-

o"

•;v

Districts

Reserve

Boston

2d vNew

4tlt,blcveland

I;

7th

Chicago

9th

5,342,882,500

+

23.0

4,895,659,204

"

636,580,197

622,616.354

"

556,097,832

648,535,8J35

267,560,499

253,734,551

J ,11th Dallas

622,775,383

549,651|90

5.5

+,

275,524.676

225,486,842

•.

351,930,158

242,454.629

5.7

356,766,257

6.9

568,869,061

2.1

280,061,099

-188,990,655

173,103,747

257.289,421

—14.3

242,338,050

200,993,109

133,253,654

121,306,370

9.9

115,578,797

109.593,960

'6

+

457,300,184

+

6.4

495,223,519

361,065,876

10,653,933,617

9,487,284,091

+

12.3

9,024,338,050

8,036,256,819

4,356,043,384

4,323,825,382

+

0.7

4,279,807,448

3,859,884,928

486,743,639

Cl^VngV at-

Ninth Federal

Lowetl-^l____.

PaUl

::+

538,209

>

+

5.7

3,937,087

3.497,532

+

6.0

346,437,640

328,724,916

833,612
387,324
1,179,863

4,501.241.

.

900,8494! ::

+22.4

4,575,974.

2.8

—

Rhode

Total .(12

5,546,384

21,681,600
820,779

Island—Providence—

Hampshire—Manchester

18,522,624

5,835,842

—

>

.t:.

—20.8

4.829,269

130,814,406

43,633,710

43,708.849

3,191,795

2,848.214

+

1,242,004

1,247,296

—

1,005,630

991,898

4,427.208

.188,990,655

Dakota—Fargo—
Dakota—Aberdeen

;

Montana—killings
'

Helena—

902,000

280,061,099-,il<I.^35,873,5
Vv;,Jx"'

(7 cities).

3,618,082

3.335,446

3.9

114.887.768

16.887,768

0.2

44,216,548

37,421,418

12.1

2,720,256

2,857.996

0.2

1,182,917

1,068,356

4,550,723

193,290,408

'

;

;

.

-.+

3,826,691

South

.

+
—

941,714

+

2.3

-

886,351

5,536,462

+

3.735,522

173,103,747

'146,192,857

+

32.2

'

\%U.. 4,782,464
5

18,111,642

18,600.661

5.2

6.822,292

7,306,997

+ 12.6

19,972,500

21,087,700

540,798

+ 51.8

593.965

940,352

5.1

407,484,719

6.7

1.568,425

1,724,772

2,652,681
6,514.885

+ 16.1

5,041,898

169,938,606

—17.0

167,012,235

4,615,8q?
148,126,011

—13.6

4,770,279

3,767,526

+ 17.9

295,717

348,041

+ 27.0

665,117,

5.391,888
"900,000

-

Springs.

760,510

+

6,241,679

965,767

—

Total (9 cities).

220,516,808

Federal

Eleventh

763,554
,

„

257,289,421

—14.3

242,338,050

Reserve District—Dallas-

-

752,202

200.993,1091

"■

109,684,000

Dallas

12.286.895

Worth

Fort

1,687,158
99,174,000"

2,641,737

Texas—Austin

"11,000,000

Wichita

391,314,004

Total

.■

: tl"
■"•it :

;;

+ 56.6

2,865.783

3,496.414

+ 10.6

93,062,329

86,248,212

+ 11.7

10,830,292

9,463,351

3,345,000

2,879,000

+

4.2

1,864,000

1,243,126

1,025,099

+

21.3

1,135,685

1,676,079

7,397,836

5,541,113

+ 33.5

5,820,708

5,364.904

133,253,654

121,306,370

9.9

115,578,797

2.3

83,444,250

"3,000,000

—!

Galveston

Falls

———

Louisiana—Shrevcport
+

98,478

2,497,231
39,219,343

7,565,325
141,124,892

■

371,854,910

184.398

3,475,823

59,167,811

3,495,064

3,339.137

—19.3

+

89.4
6.0

+

2,831,376

City—.

—;

Joseph

Colorado—Colorado

—

—13.0

3,223,648
G6,125,590

:

—

Missouri—Kansas
St.

1,068,268

113.181

3,315,157
57,309,224

——

'•
.

19,260,700

390,763,819

cities).

+.?2,1

.

944,756

973,102

9.3

+

"

2,585,393

14.955,803

—

—

X.9

.4,052.860

443,270

541.683

—16.1

4,630,306

3,418,449

II Worcester™™™..—i™—™
Haven—

;:?80,978,652

Pueblo

""

New

926/451

3,751,495

1,289,732

Springfield..—

New

.

"325,000

rr—•——

—

Wichita
,

314,078.202

—

jXJonngfiticut—Hartford-

35,962,370
.,7.93,000

+,

135,963,430

MinneapolisFit.

Kansas—Topeka
789,829

+ 23.6-

332,883,458

New .Bediord-

I

59,218,158

48,581,674

'in 1.9

■

District—Minneapolis—

urnana

3.966.208
—

Reserve

Lincoln

1,020.584

•j:

71,977,425

Minnesota—Duluth

$

' .iv'
;'-

'•

'665,123

\ Main^Bahgor.
j' Portland'

jjj

7.8

882,000

'WW

1941

$

Dec. %

$ -

$

'

—

+

43,437,885

Nebraska—Fremont
1942

Inc. or

on—

Fall "River

69,058.767

907,938

/..p'.y I'.'i

for each city for the

Ended Dec. 30

1943

1944
•'

II

139,900,000

Tenth Federal Reserve District—Kansas City-

Week

v.'ijl

Massachusetts—Boston

158.600,000

286,981,270
:

■

North

j week'erided Dec. 30 for four years.

I

0.7

42,617,283

cities)

■

Total

J-JYe.; now add our detailed statement showing the figures
1;

+

.

;

193,290,468

10

(4

235,873,528

220,516,808

Out^jde New York City—

167,600,000

74,472.906

—

Tennessee—Memphis—
Illinois—Quincy
r
Total

230,978,652

286,981,270

110 cities

168.800,000

Louis

572,126,480

7

—

572,126,480

280,051,425

599,340,000

.146,192,857

.

568,869,061

.

Missouri—St.

Kentucky—Louisville---.

2.3

San. Francisco

Total

590,355.944

623,277,968

2.2

+

—12.7

9

Minneapolis

6.9

Eighth Federal Reserve District—St. Louis—

640,436,200

4

.

+

4,341,131,465

pc',17

i|10tti' Kansas City____™—
i'12th

6.469,779,073

**.+

——

599,340,000

(17 cities)

391,314,004

10

—

Louis

BthBt.

407,484,719

6
-iiL_*L3"10

6th Atlarita1

I

5.1

"

—

{: 5th Richmond —$4+

a

+

7

Philadelphia

3d

Total

S

S

:

371,854,910

12

—

%

390,763,819

12 cities

——

York-

Dec.

$

Week Ended Dec. 30
1st

1941

1942

Inc. or

1943

1944

(6 cities).

+

109,593,960'

uzin

■itt!

Second

New

w York—
Federal Reserve District—New York-

9,194.524

61,228,000

1,086,482

Buffalo

953,359

69.1

6,841,250

6,113.040

—17.0

1,671,474

55,879,000

Binghamton

5.437.624

1,386;543

!

York—Albany—

1,506,938

1,620,014

51,291,221

54,100,000

989,972

890,640

+

—

8.7

Twelfth

Federal

Rcscrv^'^istrict—San Francisco—•

Jamestown
New
■

—

York

j.

1,024,214

5,163,358,709

Syracuse——

-

,

Ntw'

Jersey—Montclair-

'6,093,336

o,385,390

-

6,199,719

6,240,317
L—

479,434

402,096

27,005,196

31,370,904

' Ne wark—

•

46,576,203

Northern New Jersey

Total

(13 cities).,

—




—

+

12,894,597

12,748,911

Rochester

"Connecticut—Stamford

A

930,474

6,297,890,233

...

—-

+ 11.9

57,244,784

6,469,779,073

5,342,882,500

1,316,977

1,357,290

4,744.435,593

4,176,371,891

0.3

11,668,521

12,205,501

+.13.1

5,394,895

6,337,858

0.7

5,691,233

5,691,291

—

,

9.2

22.0

+

—16.1

452,850

552,526

16.2

27,533,498

38,536,256

50,937,473

4,895,659,204

4,341,131,465

Lake

59.150,661

27,260, 523

+

2.4

27.344,560

23,080,150

+

2.9

7,347,848
4,335,469

t

Jose„.

251,385, 000
3,784, 191

4,468, 793

6,540,780.;

3,240,222

\

5,246,250

3.0

3,089,060

3,682,753

+ 14.3

290,685,000

198,305.414

+

48.7

4,210,099

4,050,244

—

2,102,834
——

1,583, 223

+

32.8

1,930,296

1,872,813

"4,500,000

Santa Barbara
;

7,140, 868

287.243,000

*

Francisco

Stockton™.

1,450,320

73,617,477

5,627,652

Pasadena

San

59,824,352

+ 40.5

-—11.7

27,923,493

ill
City—

California—Long Beach—^
San

—

1,753, 551

72,212, 959

4,024, 453

+

11.8

2,911,677

2,613,017

457,300,184

+

6.4

24,948,941

—18.6

Utah—Salt

83,686, 623

2,463,524
63,429,406

Yakima

Oregon—Portland
Elmira——

81,770,413

iiiaxsiauLli

Washington—Seattle

+

+

23.0

Total

(10

cities)—

Grand Total (110
Outside New York

•Estimated.'

cities)

486,743,639

1—
——

10,653,933.617

___

,.*

■

4,356,043,384

9,487,'284.091
£12.3
4,323,325,382
+ 0.7

495,223,519
9.024.338.050

4,279,807,448

361.065,876
8,036.256.819

3,859,884,928

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4349

161

CANADIAN

MARKETS

LISTED

WEEK ENDING

RANGE FOR

141

DECEMBER

29
Week's

Friday

Montreal Stock
Canadian

'M..,.,
'

•••>
•

■

,

14 %

15

v:. 98%

98%

98%

—"

101%

15

Ltd

—;

Aluminum Co of Canada

Asbestos

Bell

—___

Telephone

Brazilian

85

53

21'A

21%

436

14%

14%

595

38

151% Mar

22%

*

21

22%
21

20%

.—

*

11%

11%

11%

19

Walker Gooderham

18(4

18%

Dec

23'A

Jun

Weston

17%

51

17%

Cement

——*

9

100

common

Preferred

24%
24

Northern Power

Canada

Steamship common.....

5 c!o

preferred——.

Canadian Breweries
Preferred

11%

Dec

20%* July

Canadian Car & Foundry

20% May

15(4

New

preferred
preferred

Old

6
100

18

15

Jan

15

—

"B"

Class

Locomotive

Canadian

Aug

9%

Apr

12%

4

40

3%

Dec

72

25

57 34

Feb

77

Nov

22

22

5

20%

Jan

22%

Nov

10% Dec

100

.100

105% 105%
100

5(4 July

15

Feb

130

Jun

35

100

103
100

Dec

100(4

Dec

6%

5%

6(4

954

5

Sep

67%

!l00

;

66%

67%

HO

62

Jan

7(4 Mar
69(4

Oct

.10

15(4

Sep

15

15

15

14%

Sep

..10

14(4

14%

14%

228

14

Dec

15

Sep

.10

17%

17%

17%

200

15%

Oct

18(4

Sep

28%

28%

75

26

Sep

30

Oct

15

15%

521

14%

Oct

15%

Sep

89

'

—

Scotia——

Royal

-a—

.10

.

-

.10

—a—a.——„—.

-

Feb

40

40%

95

31%

Jan

40%

Dec

8

8

1,370

11%

28%

29

30%

45

-

V

Apr

12

Dec

25

Jan

29

Dec

20

27

Jan

30%

Dec

235

158

26%
'

6%
6%

..

'

36

30

26%
33%

50

6%
17%

:

Jan

47

r;V

Range

for Week

of Prices

Shares

y?v/-' Par

6(4

cum

7 %

cum

preferred

Low

& Paper common..!./.*
preferred..—.
w4__100

Abitibi

Dec

27%

Oct

35

Jun

Aluminium Ltd 6%

_,___

47

49Yi

143

143

100

Feb'

5

Jan

7

Dec

18

Dec

Brown

6% July

•

1,350

24

43

:,'5?% Nov

-

GO

Jan

143 -V

110

Jan

119%

Dec

"45

. ..

Jan

2%

75
:

'.'J;

Dec

C

25

2.30

45

Company common—1

4% July

Apr

25

24

2.20

High

Apr

20

:

3(4

3(4

V

2.30

2%
27

910

„

119% 119%

Bathurst Power & Paper Co Ltd •"B"„*
British American Oil Co Limited.——*

Dec

17%

Low

■"

2%!:

2%

48

preferfed.ilOO

cum

Range for Year 1944

High

27,4

Power

■

Oct

Jan

Sales

Last

Sale Price

STOCKS—

5%

190

Week's

Friday

Dec

158>:

26

50

;

..

24%

675

6(4

6%
6'A
17%

<

141% May

> v.

■/•'"..45

33(4

•Ixrri'-

Canadian Funds

Dec

8

Montreal Curb Market

Jun

45%

■■

V ;V;V

46

8%

••Jan

585

11%

Jan

41

535

45%

—•"

5%

•.

406

,

44%

•_*

(new)

Jan

105%

(old)—..

Jan

Jun

5

*

—

Jan

7%

4

Aug

12

*
*

Canadian Industrial Alcohol com

15
•.,9

4

158

—*

preferred—.:

Canadian Foreign Investment-

10%

10

Jan

150

100

Canadian Cottons common—

Dec

5

10%

Dec

Dec

1.780

30%
.

13%

13%

10%

72

Canadienne

Dec

21

7%

29

Canadian Celanese common———*

7%

9%
120
'

Apr

11%

7

11%

25
25

,f»

Jan

103% May

11%

'

8

0

—

6%

1,466

21

44%

common

Jun

22

Montreal

40%

1a—

76

20

13%

—:

preferred

Commerce

120

7

*

common—

——

Jan

76

'

BONDS—

Jan

11%

^ j.

Corp———*

*
—50

69

Dec

76

8%

Jan

Jan

8

120

:

common——*

Foundries

Iron

Canada

69(4 Aug

110

10%

Preferred

Jun
Jan

15%

.

Feb

69

& Worts com..

—

(Geo)

3(4

21

panada Forging class "A".———*
Canada

9%

9

(4

120

■

63

69

Winnipeg Electric common—

Nov

Nova

Canada

11(4

76

125

Preferred- (new)——

16% Mar
164

Nov

480

—■

53

Preferred.

1.85 May

55

18%

115%

Jun

130

United Steel Corp..

Dec

Sep

665

*
5

—I

Products "A"_———
Gold Dredging.—

20%

133

2%.

2%

2%

*

High

May

11(4

——

Dec

Jan

47

1,886

1C8

11%

*

162

162

*

—

Building
Bulolo

14%

Low

4,080

69

City Rapid Transit common.

102

18% May
13% Jan

'

Corp "A"

—

Mills—:

Silk

B-ruck

—

21%

Power

"B"

Class

—

Twin

Range for,Year 1914

High
115%

115

11'4

a

—-—

101%

96% Jan

10

Light & Power

Traction

Columbia

British

Sep

♦

common......

—

115

Shares

98% Dec

160

100

„

16

Jan

53

*
._*

Corporation
Bathurst Power & Paper "A"

Jan

———.

Brothers.—.

Tooke

Dec

9

215

50

Canada

of

Co

Preferred

89

■:!

ioo

101%

Steel

11% Jun

5(4 Jan

650
1

:

101(4 102

101
V

preferred—100

Anglo Canadian Tel Co preferred

Range for Year 1944
Low
Hign

225

.9%

'

—100

——__*

_

Aluminium

Shares

Low

.100

Power—:

Canada

Southern

High

9%

common.——*

Algoma Steel common
Preferred

Low

Par

-v

.

Acme Glove Works Ltd

of Prices

Sale Price

STOCKS—

V

Simpsons preferred--

for Week

Range

East

of Prices

Par

Sales

Week's

Sales
for Week

Range

Sale Price

STOCKS—

Funds

Friday

'''

■■■■

East

Exchange

1,644

1.55

•

4% Mar

Mar

20

■

24

Dec

2.40 July

Apr-

-

Pacific

Canadian

13

12%

13

49 %

4834

491/2

33

32%

33

39 &

25

Ry—;

39(4

2,365 /

Preferred

:

10%

Jan

14

39

•

Jan

55(4 July

Canada

&

—100

Northern

July

'

Calgary Power Co Ltd 67o
Consolidated Mining &
Glass.——

Consumers

Cork

Crown

Smelting.—5

Seal

&

—*

Co

v;

400

170

27%

Jan

33

Dec

Canada

11

'

29%

Feb

39(4

Dec

7"/o

Power

105% 105%

pfdj..l00
Ltd—.*

cum

Dominion Sugar

Co

•25

31

45

Dec

104 :1 Aug

12

v"-.-

>May

107

! Feb

860.

20

Jan

746

24%. 25'4

73

Nov

25(4

Dec

.

-

Corp Ltd•

100

preferred

100

'

•98% 100%

> 100%

Deo

'

*
—*
—25

Dominion Bridge———
Dominion Coal preferred

,

42

401/2

—

*

Distillers Seagrams common

9

42

.175
•'■■■' '453 '

30

31

u%

31

12%

■"

Canadian

General

Canadian

Industries

33(4

Feb

42 "1

23%

Jan

31

11 %

325

Oct

14-

Jan

Canadian Light & Power Co

10%

Dec

Canadian

Dec

July

it

Investments Ltd.
Ltd

'•

13%

65

159

159

11%

12

2.00

2.00

505

70c

75c

26

—

■*

100

10(4

46

13%

#

"B"

Jan

15

Dec

13%

145% May

45

■'

v Aug 1

166

15%

May*

Apr :

;

'

Dominion Dairies

common..;

Dominion Foundries & Steel
Dominion

Stores

"B"

Coal

Steer &

Dominion

9

25

Ltd

*

—

!:

;•

Textile

common

*

—.

100

Preferred

.—I
Corporation!

Enamel

—; —

———1.
_*
*

&

"B"_

Class

Dec

13(4

Dec

Cassidy's

68

Apr

74-.-

Feb

Catelli

155

Feb

;

J50

Food

Celtic

'

4

ii_

Products. Ltd

*

"

k'k 6

100

6%

.6%. May
.8

,;t

%

': 5

5

50

5 * T

••

21

.—*

20
•

200

14(4

Preferred

Sep
:'

Dec ~

7

Jan
Jan

22(4

'

'

'■'

4

Alcohols

4

Ltd—

>.

"

'r>

3(4. Jan

5

Consolidated Paper

Corp

!.

Ltd

•

••

■■

63/8

10

:

ioa

1,000

Mar

Sep ;

"10c

12 v

183

■

-

8%

'f: 1,674

9

29(4

9

29(4

:

60c

..!

Jan"

Sep ;

.

•> -44 "

Jan

5(4

:•

•:

Jan

4-vf Jun
"

- -

Aug'

2%

*,

•1.675

'

Dec

12

-•2% Mar

V

44 '

Z\'2

Juh >'~

67%

Feb

101

35c
•'

35

!•" 3(4'

8% Aug

Jan

2

-

'

44
3%

70(51 Mar r'

•

"40

•

109

;

4

2% Mar
'

May-

4% May

•

20
75

•

Jan

1.85

50c

'

O

-

;

,

11%

! '35c

100

Commercial

Sep

1

Dec ~

3% July
...

•/ >-

Dec

,9y2

Nov

r

20

14%

Apr

21

/NoV

810

8%

Jan

11

Dec

85

Jan

100

93

Jan

103

;/2i

4

6%

: 11%

common!. ~L*

Claude Neon Gen Advert

9(4 Dec

May

4%

'to

23 %

231/2

23 %

•53

•

L

Knitting Co Ltd.—

6

52

6%.

•

>

—1

common

•

'

.380-

.

6 '/a

Nov

164

4

! Canadian Vickers 7% preferred—i.
Limited

:

v; V.4'.

4

com!.

preferred-

cum

14%

Jan

•

.„1

Co

"

——•

—;

,

Foundation Co of Canada

'

5%

9% July

Jan

8

14

'

.

12%.

63,4

Apr

9

105

72

12 v,'

•

12%

,

Heating Products—
English Electric ."A"

17

50

Marconi

Canadian Pwr & Pap Inv Ltd

26%. July

Apr

400

V

8(4 .>*%

•

Dryden. Paper—i
Electrolux

121/2

161J% 161(4

161%

22

2,326
•

14'4

i-71%

72

4 (4 Mar

25

8'/a

■

14 (A

•

3

/

I2V2

v

Dominion Tar & Chemical common—*
Dominion

26

77V

8'/a

•

9

26

*

Dominion

24

Jan

33

Jun

38

38

110

28%

Jan

39 %

Nov

; 15%

15%

35

13(4

Oct

15%. Pec

3(4

Engineering Works Ltd..—*

!

50

.

.

,

_

"

Dominion Oilcloth & Linoleum Co Ltd.*

Gatlneau
;

5%

•

Power Co

preferred—
preferred.

100
—100

5%%

General

Steel

Wares

Prefeired

Gurd

8(4

8%

6%

5%

71/4

22%
110%

21(4

22%

Hudson

Mining—'—;

Bay

Industrial Acceptance

Preferred

Nickel of Canada

International

Preferred

Power

International

Dec

11%

Dec

Aug

25

25%

725

23(4

Apr

26%" Jun

35
5%

36

450

20

Jan

38

25

Dec

75

Fraser

36

13(4

International

5(4

125

2%

Jan

6

International

26

26

29

19(4

Sep

28

Dec

Jan

22%

Dec

Int'l

50

50

20

48

Apr-

50

Jun

Lake

22(4

22(4

25

16(4

Jan

24

Dec

11%

12%

1,080

106(4 Mar

112

Dec

26(4 Mar

32

Paints

(Can)

Ltd "A"..*

Utilities Corp common..*
Foundation 6r/c cum cv pfd.j—50

25'A

75

21

Mar

27

Sep

10

100'/2 100 »/2

St

John Power

&

Paper.——*

Mar

100'4

Nov

McColl-Frontenac Gil.6%

12

Jan

18(4

Nov

Melchers

22

Jan

30(4

Dec

Minnesota

31(4

1,037

28

Apr

35 (4

Jun

Montreal

Island Power Co

231/2

A 22 /•

1,121

24%

Dec

Montreal

Refrig & Storage v t

Dec

22

Moore

101

101.

14(4

21(4. / 2,165

291/2

33

Jan

19%
20

22%

106

Mar

&

cum

Dec

200

>

23

Jan

13

Jan

425

/

pfd—100

pfd.

Apr

17

Nov

19%

Jan

22(4 May

15

103(4

106 (4

:V/8

Feb

9(4

Jun

9%

Jun

9'/a

12%

25c

Jan

Aug
10(4.i Dec

13

Dec

25c

12

2%

2%

60

60(4

33 (4

33 (4

com.

Sep

25c'

Sep

39 (4

.

,

40

'20.

10

•

Dec.

Apr

:

Dec

July

43

90

435

"94

39

Dec1

60(4
39

Oct

,33

45

2%

Jan

46(4

140

'
■

Dec

98

Sep

'

94

■

"

*

5'/a

6

540

5

Mar

6

Dec

Southern Canada Pwr 6 7o cum pfd__100

Windsor Hotel ..._—i

26(4 Aug
16% Nov

105%

106

4

103

Sep

106

May

22c

22c

894

5

5

47

7(4

7(4

8

16c

Sarnia Bridge Co Ltd "A''

;

;
,

Nov

1.65

5
-

60

107

Jan

Sep

7%

1,930

_*r

.

10

25

12%

25c

5

United Securities Limited

Oct

106(4'

9%

12(4

10

Paper...

300

5

Dec

15(4

625
'

Limited

Ontario

..Corporation Ltd—__'
___*
65 NC part 2nd pfd_/._50
Quebec Pulp & Paper 1% pfd—
10Q
Reliance Grain Co Ltd preferred——*-

Dee

115

Distilleries

Power Corp

Jan

33.

Jan

15

16

101

Apr

900

109V2 109'/}
26(4
261/2
16

Apr

76

46

•

20%.

13%

,2

22

'

96

5% May

16

21%

12%

pfd.100

cum

30

:

■

Dec

16

Maple Leaf Milling Co Ltd common.;.*
Maritime Tel & Tel Co Ltd common—10

-Massey-Harris Co Ltd 5%

125

181/4

'

July

15% July

13(4 July

29 V

Dec

Dec
Dec

Jan

18 «/4

Jan

7%

Apr

29

■V

4

9%

10(4

*

Companies Limited common. :.*

■.- >

.

Apr

12%

18%

*,

Ford Motor Co of Canada Ltd "A".1—.*

480

i

Aircraft Ltd

Fleet

105(4 Nov

1,441

*

8c Sons Ltd

8(2

Apr

130

1,195

a_100

(John A)

Jan

1.279

3%

12%

Lake of the Woods Milling common—*

Lang

1,300

11%

3Vb

131

30(4

common

8%

UVa

13(4

15

Preferred

7%

11%

30

Ltd—JLJ_*'

Co

8(4

*

121/2

aa_—_ul00

:—,

!_—*

13 '/a

com

International Paper common

International Petroleum

Dominion Woollens common

May

5

5,222

•v-

/ Donnacona Paper Co Ltd—

30

25

—

6(4

38

—20

—J

Dec

251/2

*

,

125

Malting

Dec

,/

13 %
12%

!

100

—

Preferred

Dec

5,561.

110(4 111

Corp common..*

International Bronze common

Aug

75

Dominion

17% Aug

30

*

;

Imperial Oil Ltd
-a-*
Imperial Tobacco of Canada com—
5

100

5

—*
100

,

11% Mar

50

:

•

._*

Howard Smith Paper common

555

75

—*

_

.Preferred

104

75

j

:45

:::: !

17'4

75

200

.

103

104

—100

Gypsum Lime & Alabastine..;
Bridge.

Hamilton

-

99

V;

16

104

—100

preferred—-.

99

103"

17%

:'

11

101/2

99

—*

common

—

(Charles)

10%

—*

common

:

-

Southmont Investment—

Massey-Harris

—*

—

McColl-Frontenac Oil—

Mitchell

(Robert)

Montreal

Lt

—

Car

Ottawa
Power

Price

26

22

22.(4
28
40

26

40

39

40

425

*

common

Aircraft—

27
16

_*

—

Bight Heat & Power com...100
of Canada
;
& Co

Ltd

preferred..;

■

-35%<

Paper preferred—.
100
St Lawrence Corporation common.—*
Preferred "A"—
"
——50

27/s

see

19%

Dec

the

details

NOTICES

General

M.)

(A.

Central

Rhebem

Pacific

Co.,
Ry.,

Theatres

7%

OF

called

preferred
1st

ref.

,\

4 (4 c

1,000

2 (4c

Jan

25%

Jan

17

Jun

Kirkland

4%

Feb

Mines

Ltd

1

Gold

—*

Rand

5%

Lake Shore Mines

9

Mar
Jun

Jan

93

Jan

305

12

May

6

99

36(4

Jaai

105

3c

Jan-

7(4jc

8c

3,800

4(4c

Jan

100

Gold

,

.15(4

Feb

200

80c

Dec

58

300

56(4 May

8c

8c

1,800

1.20

1.20

100

5C

5c

100

68c

68c

1.100

,.-66c

63C

63c

63c

1,000

42c

Mar

62C

60c

62c

9,700

56c

Dec

2.38

2.38

100

2.25

Dec

4.35 Aug

Feb

5.00 May

Nov

3.65 Mar

a1<

8C;

1

Sherrltt-Gordon

——

46% Apr
13(4 May

65

Oct

18%

Dec

23

21(4

25

Ltd.A.

Ltd

Waite

Mines...;

Amulet

—

:!—.1

Jan

7c

Dec

1.08

63

•

^ July

15c

July

'

1.20

Dec

3 (4 c

Jan

8c

May

Jun

,90c

July

1

4.65

4.65

1,000

4.55

_*

Ltd

Mines

/ Home Oil Co Ltd—

Nov

1

—1

Steep Rock Iron Mines—
•

20% July

17

Nov

290

July
May

90c

—__1-

Stadacona

Dec

15c
-18c

58

Mines—

Mines

30% July
23 %c

17

Queenston

Gold

July

90c

Shawkey Gold Mining Co Ltd—
Siscoe

Dec

9c

5

Dec

Mines

19 (4 c

Dec

13 (4c July

__.l

.1

Mines Ltd—
Pandora Cadallic Gold Mine4 Ltd

3% July

Jan

1,500

Aug

15%

■! 2(4 Mar

3,500

Mclntyre-Porcupine

Dec

101

100

20c

7 (4 c

1

Louvicourt Goldfields Ltd

8

Oct

25

25%

20c

7 (4 c

25%

1.00

_1

Ltd

5(4 Mar

Jun

'

_1

Ltd——

Jan

.7

300

18

-Feb

Page

.—Feb

bonds,

due

5s__

$2753
*
*
*
*

28

1

1949
Feb 28
—a—Jan 15

REDEMPTION

/

:>

•

;

Date

Atlantic Sugar Refineries, Ltd., 4% bonds, due
Columbia Power Corp., Ltd.—
1st ref. & collat. trust 4%s, due I960—

1951—. .Mar

1965

,

oate

Page

•
.

/

$2393

Page

1

12754

3.00

3.10

700

2.85

1.20, Dec

1.25 July
74 (4c

Dec

1st mtge. 4s,

due

1st mortgage 4
Jan

15

$2755

Feb

1

3

3(4% bonds, ser. E, due 1996. Feb
Chicago & Western Indiana RR.—
.Mar
V" 1st'& ref. mtge. 4(4% bonds, series D, due 1962
Cincinnati Gas & Electric Co., 1st mtge. 3 (4s, due 1966. Feb
Ref. and improv. mtge.

,

1
1

$2539

1

4

Cincinnati Union Terminal Co.—

St.

Joseph

■■-'

'

15

$2756

1

$2756

.Jan

15

$2757

.Jan

31

'

Flintkote Co.,

preferred stock
stock
Lefcourt State Building, N. Y. City—
1st mortgage 4(4%
leasehold bonds—

Hecht

Co.,

Lukens

$4.50 cumul.

4(4%

Steel

—_

preferred

Co.,

4% %

debentures,

due

—

•U

States

Power

Co.

1st

mortgage 5(4s,

due 1972

r

Company and Issue—7.

Chicago

_Jan

—

1952

—_.

8

$2758
9

Feb

,.-

1st mtge. 4(4s, due

—

Feb

series A, due 1971——Feb:»:t

& Electric Light Co.—
25-year 6% mtge. bonds, series A, due 1948———Feb

10

Eastern

1

1st mtge. 5%

•

1

bonds, due 1954_Jan 22

1

Power Co.—
mortgage 5(4%

Oregon Light &

Refunding & collat.
Gait Brass Co.,
,

.Feb

$2548

ir$2654

$2644

$1629

1.5

«
.

bonds.—

Mar

Inc. bonds, due 1950_Feb
$4.50 preferred stock_ --_--w.Jan

Ltd., 1st & ref. 5%

General Fopds Corp.,

—'

$2548
I $2336

Page

—Date
1955—Jan' 31

Burlington & Quincy RR.—-

1st and refunding mortgage 5s,

Deerfield Packing Corp.,

$2080
10

■

ENTIRE ISSUES CALLED

Arkansas Western Gas Co.,

(Wis.)-

3 (4 s, due 1964—
Philadelphia Electric Power Co.—•

2

Danbury & Bethel das

McCord Radiator & Mfg. Co., 6% debentures, due 1948 Feb
Mercantile Properties, Inc., sec. 4(4% bonds,, due 1963 .Feb

1st mortgage

Feb

due

':1 <)??.

4

Duquesne Natural Gas Co.,'gen. & ref. mtge. 7% bonds. .Jan
.Feb
Empire Gas & Fuel Co., 3 (4 % debentures, due 1962

(4s, due 1979
Heat & Power Co.— v

$2398

1

bonds, series E, due 1969

Page

Ry., Light,

mortgage 4(4 s,

,

1

mortgage 3%%

,

it;,v

1947
—Feb 1
Salmon River Power Co., 1st mortgage 5s, due 1952
Feb
1
Shell Union Oil Corp., 3%% debentures, due 1961
Jan >15
Simmons Co., 4% debentures, due 1952Feb 1
Spalding (A. G.) & Bros., Inc., 1st pfd. stock
Feb" 5
Springfield City Watered., 1st mtge. 4s, ser. A, due 1956 Apr >:l
1st

■

J Feb

1st mtge. 5(4s, series A. Apr

1st

Cleveland Union Terminals Co.,

Date

Company and Issue—
Safe Harbor Water Power Corp.—

British

Northern
,

American, British & Continental Corp.—
' •
5 %- debentures, due, 1953—Feb1 1




4c

13%

58%

TENDER

stock

mortgage

PARTIAL

Ltd—!

Duquesne
Joliet-Quebec Mines Ltd—

Oct

1st mortgage refunding bonds—Feb 28

Company and Issue—

Jan

Dome

22

for

stock

common

1st mtge.

Corp,,

Southern Pacific RR.,

2 (4 c

Dec

May

Date

Corp.,

1,000

July

Brooklyn Borough Gas Co.,
Chesapeake & Ohio Ry.—

Company and Issue—
American

Byers

6c

July

13

given in the "Chronicle."

were

6c

26

285

redemption,
Including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which

Aug

Ltd—•—.1

60

list of corporate bonds, notes,
stocks

common

July

69c

Sep

27%

Notices
and

31c

Oct

71c

Feb

Company and Issue—

preferred

Jan

39c

Jan

Redemption Galls and Sinking Fund
a

15c

1,000
1,500

16c

139.

page

Below will be found

2,500

40c

Jan

100

Dec

80c

15(4

1,686

7(4

40c

*

—

23 y2

19(4

;•

Jun

Mines

Central Cadillac Gold

17%

18

common

footnotes

For

Jan

57%

58(4

5(4 Man

4%

Mines

Cartier-Malartic Gold

23

Lawrence Paper preferred
100
Shawinigan Water & Power——
*

Breweries

Dec

13(4

225

/

Mar

30c

Jun

80C

1

48(4

;

3

2%

40

18%

St

Sick's

•?

Jan

19

•

105" 105

-

33

100

15(4

14%.

151/4

May

2

1

Aumaque Gold Mines

1,265

101

101

*

Rolland

351/2

•

-

Aubelle Mines Ltd

Dec

50.

a

17c

—1

Corp Ltd.__

Copper

Dec

29

420

8',4
6(4.

34

1

Aldermac

Dec

40

Sep

120

5

6'4

100

Quebec Power,

-

8(4

*

common

16.

5

6%

.

28

Jan

19(4

100

'

.'

STOCKS—

230

-

27%

,

Jan

MINING

710

v

51(4

,51

51 %

Deo

22c

100

Jun "

23(4

35
•

3,157

23

23

*
*

_*

common

19(4

il8%

19%

*

27%

Apr

18

86

Jan

18%

70

_*

-16

5

26

Corp
Bros

335

28

Car Corp

Products

6%

3,076

.40

Niagara Wire Weaving

Ottawa

241/2

22

26

Noranda Mines Ltd

Steel

,

26

40

National Breweries common

Ontario

•849>
1

25

Tramways

Ogilvie Flour Mills

■

■

100

Montreal Loan & Mortgage

National Steel

9

*

Cons

Montreal Telegraph
Montreal

9

81/2

9

*

—

Power

Ht &

8(4

8%

*

Hphpntures.

due

1956

Jan

1

Y
31

$2646
$2757

142

Company and Issue—"

;

.

Page

Date

.

Eastern

bonds, due 1948
preferred

mortgage 4%

1st

Hackensaek

Water

$1969

$2543

preferred'stock:—X.XXXX—XiX—XXXMar 31
America— \,y, A\XXX--XX*.XXX;
and refunding 6 Va % bonds, due 1947——--—Feb
1
Kobacker Stores, Inc.,. 7% preferred stock———Mar
1
Metropolitan Edison -Co.— X; ■
XXX'X'''-X >'•+•'. \ *•:'
-"VX;
1st mortgage 4Va % bonds, due 1968—
_—_r—.—Mar 1
1st mortgage 4% bonds, series E, due l971„-X—_Apr
2
1st mortgage 4% bonds, series G, due 1965——May
2
Namm (A. I.) & Son, 6% sinking fund debenture bonds_Feb 16
National Dairy Products Corp., serial debs., due 194$—.Jan 15

$2647

lien

$2758

.

1st mtge. 5s, due 1952——Mar

$2075

.

$2759

.

1

4'/is, series A, due 1952
„Jan
Rheem Mfg. Co., 6% convertible preferred stock
Feb
Roos Bros., Inc., preferred stock
_—v
.-Feb
Shell Union Oil Corp., V/a% serial notes, due 1946——Jan

12
1
1

$2188
$2189

was

15

$2548

Spalding {A. G.) & Broe., Inc., 2d pfd. stock
Feb
Tide Water Power Co., 1st mtge. 5s, series A, due 1979-Jan

5

$2336

adjusted declined $62,000,000 in the
Philadelphia District, $51,000,000 in the San Francisco
District, and $62,000,000 at all reporting member banks,
and
increased
$32,000,000 in the Cleveland District.

declined

B—.
Jan
United Amusement Corp., Ltd., 1st mtge. 5s, series A—Feb
United Cigar-Whelan Stores Corp., 5% bonds, due 1952_Jan
.

1st

*

42655

1*
8

Mines

Inc.

Consolidated,

Pioche Mines Consolidated,

22 lot

*
:

'"

United

The

Muirhead

25

& Gil

Athenaeum

Boston

i

.'

6.8
,

Coal

Guardian

1,450

Co.

&

($2Va

($300

Utilities

&

Holway,

t

part15,350

($5

25 lot

Inc., pool rets. ($5 par;
par)

part—'

:22

11.

295

——

Specialty Corp.

Inc....

5 lot'

—

136 lot

($100 part-

21 lot!

------

all districts.

J'All others in Volume 160.

Announcement in this issue.

Pioche

9,650

deposits'increased in nearly

United States Government

$2655

($100 part; 17
Association,
common

preferred

Beta-Upsilon

$10 par); 34 2-10 Vitamin Food Co., Inc., Common

J

$21,000,000.

Demand deposits

$2116

15

Massachsetts

districts; the net .increase

Inc.,

Underwriters,

ance

and in¬

District

Chicago

the

in

$24,000,000

in most of the other

creased

$2760

27

City Rapid Transit Co.—
lien and refunding 5V2S, series

Twin

'

-

■

$1299

1

mortgage

DIVIDENDS

Deposits credited to domestic banks declined $63,000,City and $127,000,000 at all reporting

000 in New York

Statement of Condition of the 12 Federal

member banks.

Reserve Banks Combined

member banks

(In

A

summary

^

x. X. >:

-x

.

which

Inc. (+) or Dec. (—)
-Since-

Gold

certificates on hand and

1945
17,837,265
607,106
245,352

due from U. 5. Treasury

Redemption fund—F. R. notes—
Other cash
-

18,689,823
29,850
3,741

Total reserves—
Discounts and advances

Industrial loans
O 0. Govt,

621

2,222

—

U. S. Government

6,428

—

—480,451

+

4,886,640

Certificates

+ 154,500

+
+

1,568,221

Notes

4,095

H 1,239,331

Bonds

—330,046'

obligations

1,431

»

.

353

+

1,335

325,195

2

34,271

„

59

—

58,361

Other assets

3,335

+

Other securities

929

657

5%

preferred

(quar.).:

.3

X

Anchor Post Fence Co.. 6%

15c
50c
$1.25
$1.50

1,144
162

552

+

56

16

+

132

Atlantic City Sewerage

(quar.)—.
pfd. (quar.)

Co.

Atlas Powder Co., 5%

—

pfd. (quar.)

conv.

1-10
2- 1
2- 1
1-31

butyc
$1
$1
20c
$1,25

Anglo Canadian Telephone, 5M<%' pf. (quar.)
Arlington Mills (quar.)
X
XAtlantic City Electric. 4% preferred (quar..)

+

2

:f

1-15

■[

l-

'■

1-15*

XX

Inc.—

Co.,

Casualty

&

Quarterly
XXiXX-X
———
Viscose Corp., common (quur.K—

American

3,769

+

+

(quar.

4,530

2

2,295

banks'

Balances with domestic

4

—

Corp.

—

+
—

X+ 43
' X+X 2

9,328

Cash in vatilt

3,747

—

Fidelity

preferred—

1-12
1-25
2-16
1-31

50c
87M>c
50c
75c

X

X

—

4%

oj tiec.

Payable

Share

+

21

+

2,948

Banks

American

6

Inc.

Aviation.

Petroleum

810

1,349

+

&

American

Amerada

4

—

•—

24

—

—

614 X

Government

-

Reserve with Federal Reserve

XX.

*

9,250

Obligations guaranteed by U. S.

6

195

+

21,412

U. S. bonds

—.

23

Straus,

All

50

—171

10,099

Treasury notes

327,932

—

—

2,428

Treasury certificates of indebtedness——

19,106

+

14,983

+

F

Holdert

When'

Xl»«r

(year-end)-

& Fitch

Abraham

1,301

+

3

+
—

X;X

'

Name of Company

Abercrombie

9J

+

59

Loans to banks

:XXX''

XX:

91

1,058

.

Treasury bills

+7,083,827

+

107,543
2,431,237

Uncollected items

.809

—137)

1,526

obligations—

Real estate loans

393,046

136

Due from foreign banks
F. R. notes of other banks

+

20) V

706

■

Other securities

+ 7,076,449

-455,036

18,767,949

97

Industrial and Miscellaneous Companies
—

-

•i

Total loans and securities

The dividends announced this week are:
.+

24

+

6,518

XX::'X;
...

U. S. Government

declared.

+■■■ 2,147

pur¬

Other loans

18,734,358

(incl. guar, sec.)

Bank premises

for

Other securities

2,409,340
890,321

—

dealers

past dividend payments in many cases are given

under the company name in our "General Corporation;
Investment News Department" in the week when

10.003

+

X

Further details and rec--

and

•

.

Other loans for purchasing or carrying:

4,177,212

Total U. S. Govt, securities

•

—159

[ x,

and

chasing or carrying:

950

—

brokers

to

Loans

—1,410,614

1,025

—122,768

11,040,166

Bills

—144

12,986

.

and agricultural

industrial,

,

—

securities:

'

59,737

.

i

Commercial,

91,214

—

Investments—total

Loans—total

355,815

+

21,596

+

Loans and

—1,675,215

22,000

—

ord of

$

K:';

$

$

Assets—

1944

1944
—

5,

12-29-43

12-20-44

12-27-44
Jan.

announced, but

show the dividends previously

we

which have not yet been paid.

) or X
Decrease (—) Since
Increase ( +

27,

are

.

(In millions of dollars)

Dec.

Jan. 3,

grouped in two separate tables.
In the,
first we bring together all the dividends announced the;
current week. . Then we follow with a second table in;
Dividends

V "" ;, X-' i of the assets ,and liabilities of reporting
follows:
XXf.Xx.-XXX:.' X
.<•
-^XXxx XX
x.;

thousands of dollars)

Assets—

12-31

2-1
2- 1
2- 1
1- 3

i'--*

V

1-15

•

1-15

s

1-20
1-10
1-

6

l-

|

4

,

(

12-30

1

1-19

2-1

Badger Paint & Hardware Stores—

40,089,320

Total assets

+6,008,197

-112,607

Increased

Liabilities—

deposits-adjusted

Demand

Liabilities—
Federal Reserve notes

21,742,796

Member bank—reserve acct

13,921,395

U. S. Treasurer—gen. acct

Foreign

388,480

Total deposits

+
—

accrd. divs

1,319,639

2,509

>+

17,451

—348,874

+

807,127

+ 221,062

+

306,641

5,202

+

Ealdwin

138

+

6,541

Baltimore

—127

875

+

18

+

83

+

+

891

—

164,399

+

Surplus (Section 7)

228,153

—

+

40,056

Surplus (Section 13b)
Other

+ '<

2,285

9,463

200

+

200

39,579

+

8,528

+

+
—

'
Boston

1

Total liabilities & cap. accts._

40,089,320

6,008,197

49.4%

F. R. note liabilities combined

to

Commitments

make

.5%

.+

—

6

13.0%

indus¬

3,809

trial loans

1,045

—

200

Buffalo Placers Corp., class B

50,000

($1

Condition Statement of Member Banks

($10

The condition statement of

par)

4 lot

subject voting trust

&

Electric

Co.,

7%

25 lot

Oil Co., Inc.

Kreuger & Toll Co. American

77

——

ctfs. ($5.36 p$r);$500
Crest Co——

Lithomat

50

;

1 lot

North Continental Oil & Gas Corp.,

1,000

Corp.

7%

pfd.

-X-.

35c

-

XX'

10c
$1.50
X $1.75

—

cer¬

2- 1
2- 1

—

60c
$1
12VaC

2- 1
2- 1
l-lo
1-30

common—__

25c

:

...

Banking

(quar.)—

25c

A

Official..—.

'

;

.251247*

.251247*

Free.^
—,—
Australia, pound

.251247*

3.228000

3.228000

....

3.228000

Official
Free

■.

....

Free

.

2- 5
2-10

1-19

1-31

1-17

25c

1-31

1-17

$1.75
$1.50

...

Mexico, peso

4.035000

Official

-

;

.909090

-

2-1

1-15

2- 1

1-19

$1.21%

2- 1

4.035000

.301215

.301215

.205820

.205820

.205820

.909090

.909090

.909090

Union of South Africa,

pound

.895625

3.980000

3.980000

3.980000

.895625

3.980000

.658300*

Noncontrolled

.541966*

.541966*

W

Holiday

4%%

preferred
preferred (quar.)

Jantzen

5%

common




X
_.

.541966*

.541966*

.541966*

S-4

Leece-Neville

4%

Co.

preferred

...

—

common

1-19

2- 1

1-19

2- 1
3- 1
1- 3

1-15

63c

1-15

12-30

10c

1-15

12-30

10c

4

(quar.)

1-12

$1.25.
20c

Series B-3 (irreg.)

(irregular)

.658300*

1-15

.

10c

preferred (quar.).—
Stephens & Shinkle Shoe

Series
.658300*

1- 8

12-29

$1.50

(quar.)

Johnson,

Keystone Custodian Fund

.658300*

.

...

—...

Knitting Mills, com.

Lehigh Portland Cement,
•Nominal rate.

pfd. (quar.).

(quar.)!

(quar.)

(quar.).
(initial)—.

Interc'nemical Corp.,

3.980000
•

.658300*

Co.

3.244203

^

■

Uruguay, pesoControlled

Co., $2.40 pfd.

Electric Light

-

G%

.895625
3.244203

1-11

40c

Hartfcrd

.572200*

.572200*

3.244203

5

1-15
2- 1
1- 6
2- 1

4.035000

.895000

1-

2- 1

Wares, Ltd., 7%

Halle Brothers

V

.898125

3.244203

(quar.)..—

60c
68a4C
Holyoke Water Power Co. (quar,).
i20c
Horn <fc Hurdart, Co. (N. Y.) (quar.).
40c
Houston Ltg. & Pwr. Co., $4 pfd. (quar.)__.
$1

"H j

.898125

.895000

pound

Malting

&

Class B

.+$1.25

•

.909090,

3.244203

Free

1-16

General Steel

:

Newfoundland, dollar—

New Zealand,

'

1-20

.051803*

-

.909090

2- 1
2- 1

.060605*

.301215

.205820

'

1-15

Grain

Fyr-Fyter Co.,

.909090 '

.572200*

1-15

10c

Froedtert

3.228000

4.035000

Holiday

1-15

1-15

.251247*
3.228000

.898125

.301215

■

1-15

12-30

.909090

4.035000

.301215
.205820

"

Products. Inc.,

1-10

1-15
1-31

.051803*

.572200*

.572200*

Colombia, peso

England, pound sterling
India (British), rupee

!'•

1-19

pfd. (quar.)
6% pfd. (quar,).

Gregg, 7%

'f;
■

12-26

1-15

.060602*

.897500

1-19

'V 1-23

9c

.051803*

.897500

.......

...

6

10c
25c

.060602*

.909090
......—

6

1-

A (irregular)

•

Official

;

1-

Ffrst Mutual Trust Fund Shares (irregular).

-

.909090

2-15
,

Foundation Trust Shares, Class

.051803*

.051803*

;

.251247*

•

..

;

.297733*

.060602*

.060602*
—.—...

'':

1-15

12-30

Brazil, cruzeiro—

Canada, dollar—

i-i5

12-31

,

.297733*

.297733*

Holiday

.297733*

,297733*

V;

12VaC
£50c
25c

X

(quar.)__

Corp.

Fibreboard

$

;

1-10

1st preferred (quar.)—*

Faber Coe &

1-4-45

5

12-30

Extra

$

$

$

1-

12-23

1-15
2- 1
2- 1
2- 1

■

Employers Group Associates (quar.)..

1-3-45

1-2-45

1-1-45

12-30-44

12-29-44

XvX-; '

1-12

12-23

1V/*C
420c
|75c
t37V2C

...

— ..

Argentina; peso—

i-1

1-25
1-25

(quar.)X

Co.,

preference

i

i-1

i

preferred Class

(quaf.)_:
X_—X—
Eastern Theatres, Ltd (interim)
X

Country and Monetary Unit

1-20

50c

Rub!>er Manufacturing,

Eastern

Transfers in New York

1-20
1-20

3- 1

—.

Inc.

Vilbiss

2nd

#

Buying Rate for Cable

1-15

'

25c
$1.75

Utility

X 6%

.

1945, INCLUSIVE

:
s.

1-15

1-15

•

Co.. cohiinonw———

7% preferred (quar.)
X
Dominion Fabrics, Ltd., common (quar.)_.—

.

Noon

12-15

2- 2
2- 2

15c

Cork & Seal Co

De

;

37'/2C
37>/2c

pfd. (quar.)

preferred (quar.)—

$2

of the

4,

—

Corp.—

Commercial

Crown

of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries
world.
We give below a record for the week just passed:
FOREIGN EXCHANGE RATES CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
1944 TO JAN.

2-15
2-15
2-15
1-10
1-10
2-1
1-15
1- 5
1- 5

'

Exchange Bank Trust Co. (N.Y.) (quar.)

Dayton

to the requirements

29,

$1.50
$1.25
$1.25
17'/aC
20c

>

'

(quar.)—43%c

(W. B.)

7%
Corn

Foreign Exchange Rates

DEC.

(quar,XXX:

series A

Credit

X: X

2- 1
2- 1

—

preferred Class A (quar.)

Continental

Coon

177/»

—

f

1-15*

$1.50
$1.75

Class B (quar.)_^—

Coro,

Pursuant

——:

Consolidated Royalties, Inc., 6%

7 lot

Ltd. (10c. par)-

1-15
1-15

4 l/10c

——

Ltd., common (quar.)—..

G.)

(C.

$1 partic.

6 lot

Participating Certificate of the Tide

1-15

;

1
1
1
1

12-15

,

35MiC

—

——

2222-

1-15
1- 6

"

(final)

ord.

preferred A (quar.)
7% preferred (quar.)
Consolidated Chemical Industries—

300
3 Ma lot

($1 par)

B

6%

29 lot

Mid-Kettleman

120

preferred

Conn

1, 1936-

Boston

1

'

12-31

(Mass.)—

preferred (quar.)
Commonwealth Edison Co.—

13 lot

series A

The University Club, income ctf. dated Jan.
Athenaeum ($300 par)—
X

$800

for CI.

8%

obi.,

conv.

f

X 1- 5

preferred 5% series (quar.)_—.—
5% preference (quar.)
Commercial Disc. Co. (Cal.),7% pfd. (quar.)

_

Exploration Co., Inc. ($1 par)Associated Gas & Electric Co.,^re«ny. obi.; $3,000
Gas

6%

.

—

Associated

rets,

& Light Co.

Power

4

1-15

1-15

2- 1

—

Cum.

20 lot

Hawaiian American

5,000
$10,000

(quar.)

(Amer. deposit rets.)—
rets, for CI. A ord. (final)

6% preferred (quar.)—
7%
preferred (quar.-)

I

12-20

1-15

125c
t38c
420c
75c
tlOc

;
—

$3 pfd.
(quar.)

Power,

Investors Corp.

'

1-15

Columbia Gas & Electric Corp.—

2 lot

—

($1 par)

banks of the Federal Reserve System in 101

7 lot

—

(interim)—

com.

(quar.)—.
(quar.)—

deposit

Amer.

Central
v

2M»%

deposit

Amer.

8c

>

13

par);

Associated Gas & Electric Co., 7% conv. obi. series
A; 200 Philadelphia & Reading Coal & Iron common;
200
Comstock Tunnel & Drainage Co.

$2,000

weekly reporting member
leading cities
shows the following principal changes for the week
ended Dec. 27: A decrease of $159,000,000 in loans, an in¬
crease of $138,000,000 in United States Government de¬
posits, and decreases of $127,000,000 in deposits credited
to domestic banks and $83,000,000 in borrowings.
Commercial, industrial, and agricultural loans in¬
creased $27,000,000 in New York City, $16,000,000 in the
San Francisco District, and $24,000,000 at all reporting

—

par)

Saint Joe Consolidated Mines, class A ($1 par)
Mavis Bottling Co. of America, common A ($1 par)..,:

5,000

5,700

—

($300 par)

Athenaeum

—

(s-a)_—

Ltd.,

8

2-15

,

preferred

Carreras, Ltd.

——

De Santis Porcupine Mines Ltd. ($1
Missouri State= Life Insurance Co.
Utilities Power & Light Corp. A

50,000

Ratio of total res. to deposit &

$ per Share
$14,000 lot
—
300

($50 par)——

Co.

22tic
$1.12Va
$1
) 62M2C

X

Ry.—

preferred
Electric

Canadian

STOCKS

Standard Rivet

Linen Mills,
1st

2nd

California

!

Shares
402

80c

Elec.

J

1

1-

1-20
3- 9
1-25
1- 2
1-31
1-31

20c

(quar.)

pfd,

—„—

preference

prior

$1.50

Wednesday,

L. Day & Co., Boston, on

Dec. 28:

40,056

+

—112,607

27,165
68,679

capital accounts

Transacted by R.

Co.,

2-

'i

quar.).

Class A (quar.).—....

(quar.)_

Columbia

Caldwell
.

Capital paid In

B

Inc
4%%

1-15

2-1

shares)—

(American

(increased

Co.

Ami Co..

Class

Auction Sales

+5,949,950

—115,569

39,600,924

Oil

Bobbs-Merrill
Bon

13,229

British

Capital Accounts—

Andes

-

X,':' 16c

Barnsdall

5%

Total liabilities—:

los

Bloomingdale Bros,

:

U.

and

X—X

i

12-30

17'/2C
1-22
10c
2-15
5c X 2-15

X.
X
(s-h).—

Insurance

American

...

12-26

1-2
1-15,

50c
$1.50

———

(quar.)

(quar.)—

Interim

37

deposit accounts except
S.
Gov't accounts,

demand

to

interbank

during week_^

Co.

Rubber

do

Banco

67

X

1,495

—

Debits

quarterly
6% preferred

Baldwin Co.,

1,458

+

9,467

Foreign banks

160,517

—

1,147

+

Extra

Domestic banks

369,450

—

9,732

16,121,800
1,729,458
6,870

Deferred availability items
Other liabs., incl.

—308,869

1,220,096

,

Other

+

47,228

—

591,829

+

14

13,836

deposits
Interbank deposits:

U. S. Government

Deposits:

62

+

35,042
7,613

—

Time deposits

+4,834,687

17,445

+

i'

.

$2759

Pittsburgh Coke & Iron Co.—
1st

1

•

$2075
$2075

series A, due 1953—-—Feb

Peabody Coal Co., 1st mtge. 5,

J XXxX.

$ .per share <

f:

class ' A -($1< par);

Electric,

&

Gas

•

7%

Ozark Power & Water Co.,

Associated

«.

41526

Apr
1
Mar30

:

International Rys. of Central
1st

"""STOCKS X"V

VX'Xji'v X' X'X

19

chasing or carrying United States Government obliga¬
152 85-40 Central Public Service Corp., class^A?
*"+
tions declined $20,000,000; other loans for the Same pur¬
100 Royal Tiger Mines Co.
(lc. part; 70 Kreuger
X'XiXx VX& Toll Co., American ctfs. ($5.36 par) X3 Standard XXX xxxxxxxxX'"'
pose declined in nearly all districts and the total decrease
Mfix
Hot
Gas &. Electric Co.,
at all reporting member banks was
$137,000,000, the
XxX'36 Expanset Corp., common; 10 Expanset Corp., class
principal decreases being $53,000,000 in the ChicagoV
105 lot;
X A; .25. Expanset Corp., preferred—
*
»•
District and $29,000,000 in New York City.
/-'^x
16 Ml •
...——
X sa Public Electric Light Co., common
Holdings of Treasury bills increased $153,000,000 in the'
Transvaal- Copper Mines Co., common Utah 5 73c.
6,667
not
■;S;assessment' paid
Chicago District, $42,000,000 in New York City, and
11
X- is :'I; B. Corp./xXXXXXXXX-XXXxxXifXy-XX
lOtj
\
$195,000,000 at all reporting member banks. Holdings of
12 y4 !
"
•v*
io
Knothe Bros,, Inc., 6s, 1st preferred ($100 par)—
I
r.-'v
Treasury certificates of indebtedness declined $133,000,Wickwire Spencer Steel Co.
25
($10 part; 6,000 Etna
376 lotK
<
:
000 in New York City and $171,000,000 at all reporting
Lead & Zinc Corp.
'■X xxx v.1
($1 par)-—
i
member banks.
Holdings of U. S. Government bonds
Bamberger-Wheatley Mines Co. ($1 part; 4 Insur¬
1,000
**

stock

Co., .7%

Shares

dealers for pur-

Loans to brokers and

member banks.

•XX

Ry.~ "
Ry. Co. of Minnesota, Northern Division—

Northern

Great

(quar.)—
—,

1-22

25c
$1

2- 1
4-2

2-25

12-28

1-

'

2

1-13
3-14

_

"

behhhbhhbhbhhbhbhbhbeb

■A

:/-y

A

A

preferred (quar.)
(s-a)

MacWhyte

Louis Ry.—

'

JA--,AA:.

_

(s-a)

preferred

_

—.

& St.

Henderson

Common

(quar.)-———:A

Company

Mfg.,

Marquette Cement
5%

$2.50
10c

.

$1.25 A$1.50

(quar.A____
pfd. (quar.)__

pid.

6%

Massachusetts Utilities Associates—

/"

'

A"

62'/2c
75c
$1.50

'

National

2-15
2-15

(s-a)

Insurance

Extra

Brothers,

5%

12-30

4V2%

1-15
1-15

Aro

Investment

6%

•;

(accum. )__--A
AA>a82Msc
Hampshire (quar.)— A. 81.5C

preferred

Parke

New

of

Davis

Co.____—___________-—

&

Common

?

111?
1-

■
:

6%

'

Corporation—

All arrears cleared on Class A

A

A-

in

All arrears cleared on Class A

in
AH

-

May,

1939——
cleared

arrears

in

Dec..

1939.;

shares issued

———

Potomac Edison Co.,

prelerred (quar.)

6%

(quar.)_AA—_AA

preferred
Elec.

Insurance

Extra

:

Rose's 5.

25c

-

Inc..

pid.

7%

Simpsons, Ltd., 6'/2% pfd. (accum.)_______ $$9.62'/2
6 lit %
preferred <quar.)_—
$$l.62'/2
Sioux City Gas &
Slater

(N.)

Elec. Co., 7%

'

Stott

Sun

preferred

$2

Paper,

(quar.)

conruuon

Drug Co

M5

Elcc.'Co.

Unu.n

Cigar-Whclatv Stores—

$1.25

-1-27

1 v

'

,

Ry.

Starch

*

1-15

^'1-15^

2-15

1-31 %
1-31

1-15

60c CI.

Corp..

A

(quar.) :•

1
1

1-16

Warren

Co.,

preferred

$4V2

preferred

$5

Wellman
Extra

________

Western

6%

Wilson

Public

1-25

5c

3-

1-

37'/2c

'

30c
:

$2.50

'

pfd. (quar.)_^

2-

*1

1

2-

5%

'

•A ;

5%

v.

,

,

give the dividends announced" in' previous
weeks and not yet paid.
The list does not include dividends

we

this

announced

preceding table.'

week,

these

being given

(quar?)

City
•A;

in the

Industrial

and

class

C'eveland

Coal

Miscellaneous

Abbott Laboratories, 4%

preferred

Addr-s^noranh-MnltiTanh
Aerial

Products

Aeronautical
Affiliated
Air

Corp.

;

Reduction

(quar.)

Aluminum

Co.

Amalgamated

Canada.

of

Sugar Co.,

American Airlines,

Inc.,

American Alliance
Extra
American

$3

Car.,

Bantam

series
share

5%

of
of

American

Fork

(quar.) A

Y.)

B

optional

stock

Mote'r

1-15

12-20

30c

1-31
2-15

12-31
1-18*

A

4'/2%

pfd.

Co.




1-10

1-15
1-15

12-15
12-30

$1.75

(quar.) A.

1-15

1-11

50c

(quar.)_

1-23

(extra)

2-

1

1-15

2-

1

preferred

1

l_LL.^Il~Z. A

«.

1-15
•

1-15
1-15
.2-'1

25c
25c
25c
25c

Fort Pitt

A'

1-15
4-14
7-14
10-15
j ■
3- 1
6- 1
9- 1

'

Continental

6%

General Electric

1-

3

poG

1-17

l°-?6

35c

1-15

1-5

Co.

(quar.)

General Finance Corp.,

General Foods

$5

1-10

Gimbel

50c
$1.75
$1.75

$25c

1-31

1-15

$25c

1-31

1-15

General

-

Golden

State
&

Class

B

I2-?0
12-30

1- 4

2-15

preferred

1-15

12-30

Hat

2- 1

$50c

1-15

1-15

50c

31'Ac

2-15
3- 1

50c

1-20

12-12
2- 2
2-15
1- 5

80c
—20c

1-15
1-15

preferred (quar.)

(year-end)

(s-a)

_

preferred

common

(quar.)

65c

1-25

$1.75

(quar.)_—

—

1-15

$5.25

preferred

$4

conv.
Extra

on

preference

V

1-5

$1.31'A

1-15

12-22

37'Ac

1-10

12-30

$1.50
75c
$1
Ay
31

_______

Spencer, Bartlett Ac Co.
Monthly

Hibbard.

Holt Renfrew &

7%

(quar.) —

30c
$1.06'A

—

(quar.)_____
preference (quar.)—-1

preferred

'

pr^ferr^d A (quar.)—

___

(year-end)

12-30 ^VHolly Development Co. (quar.)—
12-30
Holly Sugar Corp., common (quar.)—7% preferred (quar.)—___
—________
1- 5

Corneiv-Dubilier Electric Corp.—•

CreamerijHPac&age* Manufacturing

(quar.)

pfd. (quar.)__

(quar.A.
(quar.)____—

Hershey Chocolate Corp.

12-12

$75c

——

6'/2%

common

Hercules Powder, 6% preferred (quar.)

k

(s-a)

$1.50
$1.75
40c
68%c
$1.62V2

preferred (quar.)

& Marx
5Vs% preferred

Household
5%

Co., Ltd., 7%

5-10
5-10

1-31
2- 1, ^1-10
2- 1
. 1- 8
1-15
.12-16

1-20
2- 1
1-25

/12-11

1-25

1- 2
1-10
1-10

1-15

12-30

2- 1
—_
2- l-v;. y>—
1-10
12-30

1-15.
1-15
1-15'

1- 6
12-20
12-3$

3- 1
1-15.
1-15'
1-15

.

.2-14
12-30
12-30
12-30
:

.

1-20
6
1-15 -12-29
1-18
12"2^
2- 1' ./1-15
2- 1-yM_16
1-31
1-10
.r"10
.

2-15_
2-15'
2-15
2-15
1-26

2- 2
\'2\
-1-25

1-26

12-16
1-16

lc

1-25

12"31

25c
$1.75

2-1

70c
15c

2- 1

\

pfd. (s-a)—

(accum.A—$$1.75
Corp.. com. (quar.)__.—.
Si
(quar.)$1-25

Finance

preferred

.

1- 2

-

/ A'

Refractories Co.—
(quar.)

of America,

Company,

4'.4%

12-29

Co. of

com.

Corp.

Hecht

$1.25

Times,

Hartford

York—

& Smelting

Schaffner

Hart,

■

$10

(quar.)___
$1.50
_____—$2.50

America

Extra

6%

343/aC

(quar.)^——
Co., $8 pfd. (accum.i___

of North

Harrisburg Gas, 7%

$1

;

Co.

Harbison-Walker

1-2

(Del.),

preferred

Guantanamo Sugar

2-15

(quar.)—

——

Motors,

Knight Co.

&

Ltd., $7 pfd. (quar.)
Griesedieck Western Brewery Co.—

Co.—

2-1

$$2
'(40c
62'/2c
$1
30c
$$1.75

(quar.)

class A

Ltd.,

Great Lakes Power Co.,

1-31

3- 1

25c

5% pfd. A (quar.)—
(year-end)—.
American Insurance Co, (N. Y.) (quar.)

/■IGreat

12-30
12-30

75c

$1.25

(quar.)——A~

Graham-Paige

.

Co.,

Belyea,

12-31

1-15

20c

(quar.)

common—

^y/
11-24

5-25
5-25

(quar.)_.
—-—
$1.50
Ltd. (quar.)———25c

preferred

$6

Inc.,

Brothers,

Gordon

cominrr.

(quar.)—

preferred

1-15

y

1-10/

'

2- 1
1-15..
1-20
1- 5
2- 1
1-20
1-15 V 1^-30
2-1
1-18
1-25 A12-22?

25c
30c
$1.12 '/a
51
$1.25
25c

preferred—

(quar.)———AA-A——
$5 preferred (quar.)._
Time Instruments Corp. (year-end)

Safety Razor,

Gillette

1- 2
1-6
1- 2

1-15
1-15

$4.50

Corp.,

General Motors Corp.,

1-10

1-18

•

General Mills, Inc.

2- 1
1-15
2- 1
1-15

1-15

(quar.)____

common

preferred A (s-a)—
6% preferred B (s-a)
5%

'

2- 1

1-15

(quar.)__:
com. (irregular)

common—

1- 5

1-15

Co.,

Co.,

-

'5-26

1-15

50c
A 10c
25c
75c
$3
15c
35c
5c

(quar.)___—

Baking

1-31

25c

Ary;;A. ■ /
•'*:
81

Inc—AAA——A—
common

5-31
1* 6

.

"/

1-25'12-30

A. ',$356

$3 pfd. (this paywithheld)___—_____
(quar.)

Light

Electric

3-20

6- 8

preferred

convertible

$3

12-21

1-17
1-54- 2 /
3-15
7- 2
6-15
1-19"
12-30

6-15
-1-19

Inc.,

Co.,

1- 5

1-20
4- 1/

50c

previously

Wood Industries,

General

1-20

Ltd.

(,quar.)____
Ac Malting (quar.)

Gardner-Denver

12-30

.A/-_A.;AaA<i^-AVA

25c
5c
37'/2c
37'/2c

Ltd.

class A

Fyre-Fyter
Gar

;

50c

—

was

1-15 '

1-25 V

(quar.)
$35c
(year-end)—
$3
common—L'.;'!; ' 50c

Auto,

Drive

of'the Loom,

ment

y;'..y

A-—.—

(quar.)

-

12-30
1-15

r

1-15

50c

___

—

preferred (quar.)_
(irregclar)_____
6% prior pfd. (quar.)

of Canada,

Grain

Fro»dtert
Fruit

11-15

$3

Products Refining,

1-15

1-25

West 6th Street

Companies,

Fi'aser

1-15

2- 1

—

Common

12- 1

10c
5c

(accum.)______

Extra

7%

1-10
12-30

—

Corp.,

Co.

Wheel

$1.25

A At 5c

(increased)

Co.

Gloversville RR.—

5%

Co.,

prior pfd.

Four

2-15
5-15
8-15

$1.50

Insurance

A

.

1-15
1-15

$1.18%

Fran.)

(San

Brewing Co.

Foundation

'

Power, 6% pfd. (quar.)___

Continental Baking

12-31 '

40c
_

-A—

—:

yFour-Twelve

12- 7
3- 7
6*^7
9|- 6
'

Rubber

&

Foster-Wheeler

5 V2 %

Consolidated Vultce Aircraft, common

Corn

1-15

Tire

Guarantee

——

conv.

12-31

75c

Resumed

1- 5
1- 5
12-29
1-10
1- 3
1- 5
1-11

$10c

(quar.)

Ltd.

3-17

-

1-15

25c

—

.(quar.)

common

Insurance

Johnstown Ac

Fonda

1-12
12-30
12-30

$1.25

(s-a)--A—

Mining

3-20
3-17

y-

'" ,

(s-a)^

(quar.)

Fund

Firestone

Foods—

Consolidated Edison Co. of New

preferred

1- 5
1- 5
4-5
4- 5

1-15

$1.75
80c

—

Co.,

Sons

preferred

4%'%

Foote-Burt

$1.62

Cons9ltdafCd Car Heating Co. Inc.
$5

1- 5

4- 2P

■

(quar.)

Quarterly

Graton

(quar.)____

Passumpsic Rivers RR.

preferred

Connecticut River

& Dyeing—

Cleaning

(Wm.l

Fireman's

1-15

30c25c

.

7%

Gas,

Connecticut &

12-30

37V"C

__

Concord
>

$1.25

(quar.)__^$1.121/2

(initial)

(increased)

1

'y.y

'

Canada

2-

12-15
12-30
2-28
3-1
3-1

Electric Co.—

(accum.)_____^_

Extra.
75c

preferred

7-% pfd.

v

ala

or

preferred (quar.)
(quar.)__

7%

participating preferred (s-a)
participating preferred (year-end)

Consolidated

J.)— %•

(N.

1st
1st

6%

25c

dividend

cash

in

Co.. Inc._
Co.

1-15

12-20

$1.25

American Ma^ze-Products

4

1-15

'j

Telegraph Co.

7"f

1-

Light Corp.—

A

Hoe.

1

'

1-15

(quar.)
Ac

2-

75c

American Light & Traction,'common
6'?
preferred (quarr)
A

l2'/ac

1

$1.06%

(quar.)

;

12-29

2-

j

(quar.)__——

preferred

Life

—

12y2c

,

(quar.)l—

Community Frosted

1-10

1-20

5c

(N.

preferred (year-end)

France-Foamite

American News

1-15

f$1.25

5%■ pfd. (quar.)__
preferred

Payable

1928.

class

American Furniture.
American La

pfd.

(quar.)

class

District

preferred

12-29

1-10

25c

preferred

12y2c

Alcohols. Ltd., com.

preferred

$6

12-29

25c

$4%

Cities Power &

convertible

American

1-10

United

7%

6% pfd. (s-a)
Insurance

Corp.,

Fidelity-Phoenix Fire Insurance
Extra
—A.—..—.:

'Commonwealth & Southern Corp.—

1-10

_______

American Can Co.
American

5%

Insurance

_______

1-20

2!/2c
A

8%

12-30
f2-20

A-

dividend)—A_———

Traders

Fenton

Co.—

Supulv_________

preferred

6y2%

Commercial

12-21

1-12

25c

common.,..

^

2

'■Yy.fi

3c

Gas^__."

Corp.,

3-10

1-

;

12-29*
12-29*

4- 2

$1.62y2

A_-_
Realty

(quar.)__

Columbus & Southern Ohio

of Rec.
>.

25c

:

(quar.)_„

&

:i-i5

$1

•-25c *

.

Oil

Stores

Holders

25c

Extra

All-Penn
Allied

:

:

-A?,'

_v

Inc.

V

,

When

Payable

Share

(quar.)

:A

Collingwood Terminals Ltd., com. (interim) .
Preference
(interim) _________—__—___

Companies
•' Per A-'

■.

i

(year-end):

Products

Fund,

;:j\.

,

AAA-.

3®c
5%
30c
5%

4- 1

12-30

$1.25
$1.25
$1.25

—__
—.—

_____

common

Corp,

15c

(quar.)—__

__

12-29*

1-15
1-15
1-15
1-15
A 1-15
1-15
"4-15
4-15

25c

Brewing

&

A

12-18
12-29
1-10
1-16
1-12

Co.—

(quar.)

A

Builders

Clinchfield

■"
Name of Company

V

(quar.)__^__^—

Co.,

Stores

6%

-A_

(quar.)_.

Falstaff

1-15
2- 1
1-20
2- 1
2- 1
2-1

15c
$1
70c

i—

& Texas Pac., Ry.

Clinton Water Works Co.,.

A

•

___

Terminal &

preferred

6l/2%

'■

,

(quar.)

(quar.)__

—.___—

Postal

Cincinnati

-

pfd.

5%. preferred ,(quarj_______

•

Below

5%

preferred lquar.)__
preferred (quar.)___
preferred (quar.) __

5%

1

12-30
^

3c
-A: •■■■'■ A■
(Syracuse, N. Y.) (quar.)
:AA——$2.50
Federal Services Finance Corp., common—
50c
61c preferred (quar.)—__—
$1.50

preferred

Farmers

1-15

12c AA 2- 1
$1
1-22
25c
1-22
$1.18
1-15
$1.25
2- 1

common—

_______________

Orl.

New

Cincinnati

1-15

1

Electric,

AA—
Co., 4%% pfd.

Pwr.

12-30

.

1-26 A, 1- 8
1-15
12-30
2- 1
1- 6
2- 1
1-6
1-30
12-30

$1.25
25c
$1
70c
60c

A—A

—

(stock

2-

$1.50

(quar.)—*,

—

(quar.)

Common

5%

.12-30
v

;

Quarterly.
Quarterly—,
Quarterly

1-5

''^'2-15

$1.25

Kansas

pid.

$6

1-15

$4.50
$25c

•

Inc., common (quar.)-A-:—•—
(stock dividend)-————Ay

Common

Gardner

'1-20

1-15

.

&

Gas

Chickasha. Cotton Oil

2-14

1-16

1-31
1-31

'i

Common

$15c

Hudson

Co. (year-end)—
Central West Utility Co. (year-end)
cuase Naaonai Bank. (s-a>

2-14

1-15

$1.50

(quar.)__.

Telephone

Ac Share,

preferred (s-a)
Radio & Phonograph

Emerson

$$1.75
2%
$1.25
56y4C
12J/2c
25c
37V2C

Central Republic

1-15

1

.**

(quar.)

Service. 5%

!
'

3-

$1.25

(accum.)_________

(quar.)
Corp. (year-end)—

Eversharp,

'

(quar.)l._——Aui
Aguirre Associates (quar.)AA———

11

'

Corporation (irregular)
Line. 5% 1st preferred (s-a

Wisconsin

% 2-JO

(quar.)__

1st pfd.

Street Ry.—

2nd

6%

1-10
12-30

4-2

preferred

Centx'al

10c

—

Department Stores—

convertible preferred

Whiting

2-11

$1.25

1- 5

4-2

(quar.

Central New York Power,

>

1- 2
1- 2
1-10

Ely & Walker Dry Goods, common (extra) — 7% 1st preferred (s-a)——.
—

1-13

3-15

$50c

,

Central Investment

';1-15%

2- 1

$1.12'/2

_l_

common

Extra

12-30

>

1-31
1-15
4- 1

(quar.)

preferred

Corp.,

1-15

1- 9

?37Vac

(quai.)_____

Engineering

1-16

1

(quar.)

—

Co., $4.50 pfd.

preferred

Electrolux

12?21 >

,

Central

>

'-'J 1-12; A%1- 4

5c

(quar.)____

com.
(quar.)_,..._

2-

25c
1

'

2-1

%

$1.18%

Refining Ac Chemical Co._

Washington.Go8 Light Co.,

i

10c

•

4%%

preferred (quar.)
United Shirt Distributors. Inc.^___
Drug

$5

1-rlO.

'

Ltd.—*

Central

' 1-15

2-

1-15

1-15
1-15
1-25

—

Light Co., 5%

Electric Bond

1-10

7%

41/2%

5%

' : 1-15

3-11

75c
$1
$1.12'/2

.

A:

common

(quar.)

Eastern Township

12-27

—

Corp.,

1-15

2-

15c

B

Class

United

(quar.)

Industries,

Celotex

(accum.)

Drill & Tool

1-17
12-23
1-6
2-14
12-26

1-23

—!____
preferred (quar.)_
Canadian Pacific Ry. Co., 4% pfd. (year-end)
Carolina Clinchfield & Ohio Ry. (quar.)____

.

2-1

(quar.)_

—______

Registered

3-11

$25c

--

-

Co.,

1st preferred

6%

2- 1

$50c

pfd. (quar.)
(quar.)——

Investment Corp.

:

Canadian

$25c

preferred (quar.)
(ihitial)---«A

Worsteds

&

Eastern Massachusetts

1-15 A 12-30
-1-15
12-30
2-15
1-31
2-15
1-31

$$1
$75c
$$1.50
$62V|>c

—__

6%

Ltd.

Products,

7%

Co.,

preferred A

Filene's

Canadian General Investments,

1^15

1-3
12-15
1-15

8- 1

"

Fairbanks-Morse,

Canadian Foreign
Extra

1

(quar.)

Paper Co. Ltd.,. class A_L
L
i
A—

B

Chemical

Duquesne

1-10

$53c

(quar.A^:

Converters

Canadian Food

1-31

31c
$1.25

1-24

12-30

2- 1

(quar.),*.

Funding rights (year-end)

Carrier
*

:

(quar.)

preference

Linoleum

duPont de Nemours &

$50c

pfd. (s-a)

common

Foundry Co., Ltd. (fesumed)

&

participating

Canadian

2-1

^

& Chemical—

Woolens

$4

Canadian Celanese Ltd.—
Canadian

$$1.37 Va
$$1.75
$12'/2c

;

preferred (quar.)

Class

12-30
12-20
12-26
2- 8
1-10

(quar.)——_______

preferred

1%

12-15
12-28
12-28
1-2
1-2
3-31
6-30
12-29
12-29

;

&

Textile

Dow

.y

1-26
1-25
2- 1
2-15
2- 1

Extra

^

1-15
1-15
1-15
2- 1
2-1
5-1

A

A Donnacona

$$1.25

(s-a)___

Co.

Ltd.,

(quar.)__

common

Ltd., 7%

Co.,

Oilcloth

Dominiofi

$50c

Southern

Canada

Car

$44c
$$1,25
$$1.75
$$1.25
$20c
$20c
$2Gc
$30c
tlOc

Li

Dominion

Ai 10c
J15c
$$1.50
$$3.50
$37V2c

Corp—--———

Canadian Bronze,

•

United

(quar.)

Tungsten

Power,

V; 1-15

2-15

$1.50
$1.50
37V2c
62y2c

—

(quar.)
Packing Corp., common (quar.)_

Northern

12-27

'

(quar.)
(series 1927)

preferred

5%

1-15
12-30

—:
—

Extra

5'A 'fo

12-21
.

(quar.)—

Dominion

12-30

„

1-15

Canadian

2- 1
1-30

(quar.)

Quarterly

12-20

1-31

__

A:
preferred

Canada

12-27%:

1-27

$1.25
$1.12'/2 •

$1

$1.75

pfd. A (irregular)

Canada

2- 1

preferred (quar.

preferred

$5

Missouri, $5 pfd. (quar.)

of

preferred (quar.

$4.50
Unltfd

1- 5

;i

Common

12-20
12-20

2-1

t$1.50

5%

Mines

Quarterly

1-10
3-9
12-20

2- 1
1-15

25c

$1.75

Callite

20c

.

J$1.50
f25c

<quar.)___

(quar.)__

1-21

2- 7

Ltd., 5% preferred (quar.)
Ltd., common (quar.)___
preferred (quar.)
Dominion Malting,
5%
pfd. (initial quar.) 1_

.

(irregular)

7%

1- 5

2-9

6'A%

(interim)

(quar.)

% East Pennsylvania RR. (s-a)—______

(quar.)__„

Paper

Co.,

1-15

3-1

t$L25
$30c

Deposit Receipts

77a

;

1-31

1-15

J40c

15c
$1

California

1-21

•!%'*"30c

Specioi
Tung-Sol Lamp Works. Inc., 30c pref. (quar.)

2-15
,

(interim)

preferred
6% preferred

1-5

1-31

2-15

'

Ankerite Gold Mines, Ltd.

6%

2

25c

(s-a)

Corp.

—___,

Telephone—

&

M.)

(s-a)

Dominion Glass Co,

1-15
12-23
1-20
1-19
12-29
1-10
12-30
12-30

,

2- 1
2- 1
1-20
1-20
.1-15

Calgary Power Co Ltd, 6% preferred (quar.)
California Oregon Power, 7% pfd. (quar.)__

2-15
1-22
I-17
1-17

1- 2

-

$1.25
50c
50c
t20c

—_—___

—

Bros.

1-20

30c

;

1-30
1-15

2-28
1-11
1-10
2- 1

(A.

2-17
1-20

preferred (quar.37'/2C

6%

,

Pulp

$4

75c

(s-a)

Corp.-Seagrams Ltd.—

Dominion Tar

—

2nd preferred

Buffalo

3- 1
2- 1
1-

1

(quar.)

Co,

Brown Fence & Wire, $2

"f2-15

40c

(quar.)

Brooklyn Union Gas Co.

50c

(quar:)

Common

Transamerica

r

(quar.)___$1.50

prercrted

Rav

30c
37Vac

(quar.)i__

com.

Corp.. $1.60 pfd.

Brlquctt Co..

Btrathmore

6%

$1.75

(quar.)__.

______

Columbia

Brompton

50c

.

Co.—

preferred

Dome

1-31

3- 1

30c
f$2
50c
50c
50c
$1
tl5c
20c

(quar.).

(quar.)

A

British

25c

Edison,

California

Southern

pfd. (quar.)

(quar.•

'Standard Dredging

Class

2- 1
1-20
1- 5 .212-20
1-11
1- 4
2-1
1-13
2-10
1-30*
2- 1
; i l-10

25c

A $1.75

(accum.)

American

Distillers

British Columbia Power Corp. Ltd.—

Bunte

;

$25c

______

7;

Tunnel

Match

partic. preferred

6%

5%

2- 1
3-20
Bralorne Mines, Ltd.
(quar.)
1-15
A Extra
.-a
tlOc
1-15
Brantford Cordage, new common (initial)__
12V2c A; 1-15
$1.30 1st preferred
(quar.
32V2c -A 1-15
Bridgeport Hydraulic Co. (quar.)_______—
35c
1-15.
British Celanese (final)
—15%
3- 6

'

River

25c

(quar.)A

preferred

Diamond

12-29*
12-31

—

Bower Roller Bearing

Bvers

1-15

:

and 25c Stores (quar.)

10

Schaffcr Stores Co.,

1-15

5c

(quar;) A—

•

Water

Ltd.

Boston-Edison
..

1-11

— .

5%

Detroit

1- 2

1-15
1-15

$2 conv.

Co., Inc.

2-15

(quar.)

1-20

(year-end)
pfd. (quar.)

Corp.

1-10
4-10
7-10
10-10
1-31
1-15
1-25
2-15
5-15
8-15

50c
50c

(quar.)

Dominion Dairies

Saco

&

3c

(Canada), 5%

Gasket & Manufacturing
Detroit-Michigan Stove Co., 5% pfd.
5'/o preferred (quar.)...

Ltd.—

(year-end)

Hats,

&

6'Jo

.

Rochester American

S
5
5
5

,

./

pfd.

Co., 5'/i%

Power

1-26
12-29
1-5

2-1

$2
t$1.75

(s-a)____

(year-end)
Biuinenthal (Sidney) & Co.—
7% 1st preferred (accum.)

' 12-26
'A

$1.75 %./•2- 1;";
$1.37%
36%
preferred (quar.)______——$1.50
3- 1 A
Reed (C. A.) Co., $2 preferred Class A
;'i
50c
'2- 1
Rhode Island Public Service- Class A (quar.)
*1
2-1'
$2 preferred (quar.)A_
A___A_
A
50c
2- 1 /
Rice-Stix Dry Goods,
" 75d" ' '2-1
Richmond Insurance (N. Y.) (quar.).l.l
15c
2- 1
Extra
_______
15c A 2- 1
7%

Potomac

Blair

$6.25
12-29 A .12-26
$1.50 ••'A2-"l.V;1-11

—

3- 2
2- 1

—

Hedges,

3-1
12-22
12-31
'3-31
6-30
9-30
1- 2
12-29
1-13
2- 5
5- 5
8- 6

$1.16

Distillers Co., Ltd.—

Paper Co.,

Aircraft

&

Biltmore

12-26

AA

1-15

15c

pref.

Co. of Canada

Foods, Inc.

Biddeford

y

! 12-29

$8.75

1-4

Corp.—

Telephone

Benson

,

-

—

2- 1

$1.50
$2.50
$L

(quar.)

(accum.)

IVc

Canada,

4- 2
1- 2

25c

(year-end)

Co.___

preferred (s-a)__
$1.25
Darling Stores, 6% preferred (quar.)37'/2c
Decker (Alfred) & Cohn (quar.)
25c
Quarterly
•
25c
Quarterly
25c
Quarterly
25c
Delaware Power & Light (quar.)
A. 25c
Detroit Edison Co.
(quar.)
30c

12-30

common

(quar.)

Bellanca

12-29

Class A shares issued AAA

on

2-1
1-10

(Formerly Old Colony Trust Assoc.).
Bell

Best

' 1

1937—$10

Sept.,

Class A

Baystate

1-10

.

'

-

of

Bathurst Power &

2- 1

'•

shares issued

Hydro-Electric,

pfd.

1- 2.
3-16
1- 2„
1- 5
12-31
12-29

Detroit

(s-a)

4%

participating preferred

Barber-Ellis

1-15

-

Polaroid

$1.12Vz

—

...

pfd.
Co.,

2- 5

1-15
3-31
1-15
1-20
1- 8
1-15

common..,

Stores,

Drug

Candy Co., preferred

Dairy Corp.

Bankers Securities Corp.—

1-15 ;A

-

.

,

25c

3IV1C

iquar.)

Refining

Bangor

1-15

Patchogue-Piymouth Mills —______
—A
$1 . ,1-15
Payne Furnace & Supply, common,-—-.
'< A 10c
1-15;
;
60c convertible prmerred A,(quar.)—.
15c
1-15
' 60c convertible prelerred B (quar.) —
' '
15c-. _•< 1-15
Penn Traffic Co. (s-a)___!___
-——A • 12'Ac.
1-25
Year-end
5,c1-25
Pennsylvania Electric, 4.40% pfd. (quar.)__
$1.10
3- "l
Pittsburgh, Cincinnati, Chicago & St.. Louis
RR. Co. (s-a)
______A____
$2.50 /A 1-20

Curtis

12-30

2-15

—

(quar.)

non-cumul.

5%

1-10

-1-31

30c

•..

Cunningham

1-12
6-23 "
6-23
3-12 A.
12-29

2- 1
7- 6
7- 6
3-31
1-24

A ,.'

(quari)_

Forster, common

preferred (quar.)
Cudahy Packing Co

12-31
12-15

1-20

43%c
30c
$2
30c

(quar.)

pfd.

conv.

of Rec..

5%

8%

Topeka & Santa Fe Ry.—

Atlantic

1-11
Northwest Engineering
50a
1-15
Pacific Lighting Corp- (quar.) A—-—L—-y; y -'75c *•; 2-15.. 1-20
Pacilic Public Service Co., $1.30 pfd. (quar.)
32%c
2-1
1-15
RR.

.

(quar.):
,i_i
(year-end)^_

preferred

$1.25

Atchison

1-10

1-20
1-20
1-31
2- 1

90c

—4A!'

preferred (accum.) AA-—

5'/2%
Northern

—_—t—

Corp.

Equipment

Co., 7Vo

Holders

When
Payable

Share

(3tock dividend).

Co.

Drug

Crum &

Associated Telephone Co., Ltd.—

.

Corp.—

—_—_

(s-a)

preferred

$1.25
75c
$2.25
10c
JlOc

i

—.—

(s-a)

Metal, Inc., common——
Anglo-Huronian, Ltd. (s-a)__—
Appalachian Electric Power—

$1.75 r 12-30
12-30
' V;.\ AAAyAyA" A'A" 'A'"/A

(quar.)______y;

Telephone

American

12-15
1- 5* ;
12-29

.

(The)

Cypress Abbey

Ampco

.

York

North

(quar.)—

(accum.)—
common

preferred

$4.50

2- 1
1-15
$1
.1-15
12-30
Newbeny (J. J.) Realty. 67^ pid. (quar.v
$1.50 7. r 2- 1
1-15
6'/2% preferred (quar.)___A___——$1.6J2%
2- Is;••''.1-15

New

preferred

Amoskeag Co.,

$1.18%

Inc., 4%% conv. pfd. (quar.)
New Jbecnord Gas & Edison Light Co. (quar.)

Neisner

1-15
1-15

preferred (quar.)
i
Telephone & Telegraph

5%

2- 1

-

Liberty

$1.25
$2.25

Refining

American Zinc Lead & Smelting—

12-30
1- 5
1- 8
12-15
2-24
1-10
1-10
2- 1

5c

L

1-15

10c

A
Monroe Calculating Machine, 7% pfd. (quar.)
Monroe Loan Society, 5V2'h
pfd. (quar.)—
National Department Stores Corp. (quar.)—

1-15

50c

Piping & Supply Co._—.AL
Miller (I.) Ac Sons, ti'/o
pfd. (accum.)_

Midwest

1-15
2- 1
2- 1
1-20
1-15
1-15
12-26
3- 1

12'/2c

Co., $3 prelerred (accum.)_„_____
preferred (quar.)______—
—
McKales. Inc. (s-a A
—
1st

Extra

1-15
2r 2
1-10

Crown

American

'

30c
40c
$1
$1.75
34%c

(quar.——AA"

prelerred

Maytag
$6

12-31

Name of Company

Cross

Sugar

American

12-31

Per

4,

preferred (quar.)
$1.121/a
(year-end)—$3
$6 1st pfd. (accum.)
$1
Telephone Co. (Abilene, Kan.) —

American

2-15
2- 1
2-15
2- 1
1-15 -12-28
1- 2 A 12-15
1- 2>/ 12-29

$4

—

of Rec.

American Superpower,

AA/A/A;

A//.-"

_________—A

.,A-

Reserve Power, $5

Marion

1-10

_______

A

Extra

Louisville

5%

1-10

$1.25

:A-A-;

(quar.)_

Holders

convertible

4V2%

12-31
12"31
12-31

1-10
i"10
1-10

—./A':

-

B

Class

50c
50c
25c

..

__________

Extra

5%

(Del.)—

.

Share

' When

Payable

Per

.

Name of Company

Rolling Mill Co.—

American

25c

(quar.)__

A

Class

Holders
oi Rec,

When

Payable

.

of Company

Name

Telephone & Telegraph Co.

Lincoln

,

Per

Share

■

:'

143

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4349

161

Volume

I"15.

lrl5

1-15

12-30
12-30

Per

'V

•

i'V '

•

Hutcmns

Co.

Hydro-Electric Securities Corp.—
5% preferred B (s-a>

25c
30c
$1.62%

Indianapolis Power & Light, common
Silica Co., 6%% pfd. (accum.)__:,;

Industrial

institutional becunwes, litd.—
»
Insurance Group Shares (year-end)

.

(s-a;

of North America

Insurance Co.

3%c
37 %c,
I $1.25

(quar.)

Common

______————

preferred

6%

(quar.)_—-—
Business Machine Corp.—

International

dividend

Stock

(quar.J

Corp.

12-30

South Pittsburgh Water Co.,

1-10

12-31;

Southwestern

$25c

1-15

1-15

12-31
11-25

v:

Co., Ltd. (quar.)
(year-end)——
Newport News Shipbuilding & Dry Dock—$5 preferred
(quar.)
—
Norfolk & Western Railway Co.—,
\ Adj.
preferred (quar.)—_________________

New

12-30*

$$1.50
$$1.50
$$l

6%

conv.

.preferred A

:___—

(quar.)

—

International Milling, 4% preierred
international Nickel Co. of Canada Ltd.—

Noma

12-30*

87%c
2t>c
t25c

Ltd., com. (interim)

Investment Foundation,

preferred

6Ye

(quar.)—

preferred (quar.)

.Jewel Tea Co., Inc., 414%

Pacific

Northern

States

6%

Common

(quar.)

Common

(quar.)

Common

(quar.)

& Baking—

Grocery

Krueger
Knuosen

LaPlant-Choate

$1

Class

A

Class

6%

&

(F.

&

(quar.)—:

Lebanon

Tire

&

Extra

Lehman

_______u—.
—_______

(quar.)

Gas,

Valley

Rubber

—

common

preferred

$2.50

—

& Co.—,

R.)

Co.,

—____

——

4

(quar.)

Link

Belt

Corp,,

_

Co.,

(quar.)_

common

preferred

6j/2%

$1.30

Loft

Candy

Lord

&

—-

,

5%

&

Mahon

(R.

$2

convertible

Marchant

Maritime

Common

7%

(quar.)

preferred
Field

Marshall

&

McCall

McColl-Frontenac

6%

preferred

Oil

&

5%

7%

Mine

Semi-annual

A

Hill

Monongahela Valley Water
7% preferred (quar.)

Co.—

•

v

preferred

Telegraph

Carbon

&

Mount

Diablo

Oil,

Co. (quar.)
Carbon RR.

Port

Mining &

Mountain

12-20

Tel.

6%

12-20

preferred
$7 preferred
$7 preferred
$7 preferred

&

Tel.

(quar.)

______

(quar.)

—

(quar.)_

Munising Paper Co., 5%.
Mutual System

1st pfd. (quar.)_—
6% preferred (quar.)_

Inc.,

Harragansett Electric,

4%% pfd. (quar.)

National

National

Bond & Share Corp. (quar.)...
Cash Register Co. (qhar.) ________

Flour

class A




50c

-

1-15

U.

7%

1-15

12-12
12-31

6%

1-15

12-15
12-29

3- 3

2-15

1-20

12-31

1-15

12-30

$1.75
$1.75
$1.75
$1.75

3- 1

2-10

6- 1

5-12

9- 1
12- 1

8-11

Sinclair

*

6%
Solar

Oil

Aircraft,

Southeastern

11-10

2-1
1-15

56Vic

2- 1

30c
15c
25c
65c
50c
50c

1-15
1-15

12-12

1-15
2-1
2- 1
2- 1
1-15

12-30

6%

12-31
5%

1-20

1-15*

12-30

West

2-

1

conv.

7%

1-15

12-31

preferred

1

2-

1-29

Power Co.,

(quar,)

Pipe & Steel,

Western Tablet

Westvaco

25c

62%c

22-

1

1

$4.50

5%

Chlorine

4Va%

$1.25

3-

1

2-15

6-

1

5-15

$1.50

2-15

$1.75

2-15

1-17

$1.12%

1-15

12-20

1-15

12-15

(quar.)—_
.'

pfd.

7%

(quar.)

(quar.)_

$75c

>

$$1.75

preferred

preferred

35c

(s-a)

1-18

1-17

1-15

"

12-15

1-15

12-30

$1.25" vv 4-

1

$$1

(initial)

White Sewing

2

3-22

1-12

1-25

1-10/

1- 2

75c

Wichita
Wichita

preference

Stock

Union
Water

Co.,

Spencer

Wilson

Co.,

&

2-

1

1-10

1-28

12-26

Machine Corp.—

prior preference

1-25

$1.12%

(quar.)

Wheeling & Lake Erie Ry. Co
converitble

6%
12-29

2-15

1-15

$$1.50

1-20

12-31

25c

1-15

12-31

35c

3-

•

1

2-15

37%c

(quar.)

1-15

12-31

1-15

12-31

>

(accum.)

Yards, 6% pfd. (s-a)
7% preferred (quar.)

Steel

50c
50c

(quar.)

$2

_

$1.75
$1

Co

$6 preferred

preferred

Wisconsin
Wood

Gas

(quar.)_

(1897
&

$1.50

series)

(Alexander & James)

1st

(quar.)_

Electric. 4 V2% "pfd. (quar.)

preferred

2-

1

2-

1

1-20

1-15

1-10

1-20

1-15
1-10

2-

1-

2

12-20

1

1-15

(Wm.),

1-31

1-15

1-15

12-30

—

$$1.75

Jr., Co.,

1

1-15

3-20

3-

7

3-15

3-

5

$1.12%

3-15

3-

5

50c

1

1-20

4-

2

3-20

1-31

1-15

25c

—

Worsted Co.___———

2-

50c
20c

common

Common——

2-

37 %c

$1.12%

common

4V2%.conv. prior preferred (quar.)——
Wrigley

$1.50
$1.12%

(accum.)—

Worthington Pump & Machinery,
4 V2 % prior preferred (quar.)_

Wyandote

1-22

1-

8

15c

1-15

12-

4

•

37%c

1-15

12-20

34%c

1-15

12-20

Ltd.—

Yates-American
York

$20c

2-15

1-19

$$1.50

1-15

12-20

1-10

12-15

Co.——

common

—

Jamaica income tax.
•Transfer books not closed for this dividend.
30%

15% Canadian non-residents' tax
Canadian funds, tax deductible at the source
'
15% ; resident tax, 7%.
a Less British income tax.

tPayable in U. S. funds, less
tPa.vable

$1.75

Machine

Corrugating,

x Less

Process Co.—

(quar.)——

1-18
5-15

Wisconsin Electric Power Co.—

(s-a)_

—

1

Products—

preferred

■

7%

(quar.)—_—;

1

2-

6-1

—

pfd.

Stationery Corp.—
(quar.)

(George)

$2

2-15

'

2-

$2.50

&

preferred

$4

37 VaC

pfd.

4-10

33%c

—

1-10

25c

A

1-10

4-20

$1.25

6%

Ltd., common
(quar.)

Grocers,

preferred

12-29

for

1—_

6%

Co.,

3-10

L-20

$1.75

"

7-16

$1.75

(quar.)__

(quar.)

Power

Wickwire

Edison—

part, preferred

preferred

5

1-18

Mills Ltd.—

Gas,

preferred

Weston

3

1-

$3c

—

Greyhound Lines, Inc. (initial)

Southern Franklin

1-

1-10
2-26

$15c

—

50c conv. preferred

California

Common

6%

(quar.)

(quar.)

Canada

1-15

$1
$23c

4-16

1

.

$30c

preferred (quar,)i
_________
preferred class C (quar.)u.—

Southern

3

$87 %c

1

8-

3-20

^

5%
1-

5-

_______

(quar.)——.

Electric Co.,

Penr.

7%

1-3

1-15

1-15

(quar.)

Western

1-19*

1-15

1

preferred (s-a)

5%

preferred

1-19*

T50C

(interim)

common

West

12-30

t50c

1-15

2-

62 %c

class A

Co.,

preferred

Penn

7%

1-20

$1.12%

t '

1

(quar.)_—

12-29

1

___—_

orig.

5V2%

B

Western

—

(s-aj

2

1-13

.

5%

12-30

2-

2-15

2-

$1.50

—:

Washington Ry. & Elec,,

12-30

preferred A (quar.)——

Southern

1-

12-30

1

$1

4-20

r

(quar.)__—

Brothers

Class

1

—

4-30

37 %c

2-

1-15

1-20

37 %c

Warren

1-11

1-30

1-17

3-

(quar.)

6

2-10

12-30

1

>: $i.75

(quar.)

5

50c

2-24

lrl5

50c

1st pfd.

1-

25c

3<>15

37 %c

2-

of common held

Paper

7%

2-

10c

Products, common

1-

12-23

(quar.)

$1

preferred

12-23

$1.25

12-22

preferred (quar.)

1-15

—

5-26

1-15

6%

1-15

(s-a)—_

6-11

preferred

$1

—______

2-26

$2 %c

—

———

Raalte Co.,

preferred (quar.).———

(quar.)

3-12

10c

preferred (quar.)

1-15

2
2

$2

(quar.)

(interim)—-—

7%

1-15

2

47-

17 %c

—

Winding

6

20C

1-

4-16

7-16

40c

(quar.)—_

preferred

conv.

Radio

t25c

(increased)

Southern California

1-20

25c
37y2c

1-15

1-15

1-10

12-28

$1.25

—

Vulcan Detinning Co., common..—.

ii.'-.*.-—.

1-

1-15

1-15*

:

40c /

—

7%

(stock dividend)---

Co.

Corp.

(Howard)

1

1-15

$1.75

30c

shares

preferred

2-

1-20

1-15*

12-11

1-13

6%

5

2-14

1

Publishing—

5'/2%

of

five

each

12-31

$1.50

$1.62%

(special)

share

One

2-

3-

1

$1.25

—„—

1-19

1

2-

6%

1-10

2-15

8-10

$1.25

(quar.)—

—

2

1-20

2-

87 %c

Irregular
Virginian Railway Co.—

1-10
1-

t75c

common

(Quebec), Ltd.

Simplicity Pattern
'

1

5-10

Vertientes-Camaguey Sugar Co. of Cuba—

1-10

2-

12-30

2-10

1

30c

(quar.)

preferred A

Common

1-10

1

1-15

2-

$5

(liquidating)

Sugar, $5 preferred (quar.)

5%

(s-a)——:————

Steel

Common

Co.

preferred

S.

Van

'

Storage

Simmons-Boardman
;

1

2-

(accum.)

pfd.

...

Strapping,
$2.50 preferred (quar.)

Signode

2-

tl5c

——

Sigma Mines

.;

1-10

t$1.50

Co.—;
—
Shawinigan Water & Power
Sheep Creek Gold Mines (quar.)___
Sherwin-Williams Co. of Canada, Ltd.—_

2

1-11

$1.75

12-30

25c

States

Universal

1-10

31',4c

1-15

25c

12-30

1

2-

50c

■

68 %C

;

Upper Canada Mines Lid.

1-24

1-15

__—;

•

(quar.)__
Universal Leaf Tobacco Co., com.

^

—

preferred

2-1

$7

<

9-15

Machinery—

^

$4 preferred
preferred (quar.)

Extra

2

1-31

$1.25

6-15

25c

^

Plywood Corp. com. (quar,)__
Smelting, Refining & Mining Co.—

70c

1-11

$1.31 Vt

3-15

25c

Lumber

t$1.75

Paper Co.,

$4j/2

S.

Utah

________—____

Scytes & Company, common

2

;

6.4%""preferred A (quar.)—

12-23

15c

Schuylkill Valley Navigation & RR.

12-29

8

1,-11

6-16

12^20

United Stockyards Corp.—

1

2-

37'/2c

(quar.)——

preferred

3-

2

1-10

:

—

$5 preferred

12-30

3-15

2

7-

—

/— $5 preferred (quar.)

12-30

1-25

25C

Schenley Distillers Corp

1-15

1-20

5c

5

,

1-25

50c

4%

& Electric,

Diego Gas

S.

.3-18

4-

50C.

convertible preferred (quar.)—.
Industrial Chemical (quar.—

7%

1-20

3-15

_•

Fidelity & Guarantee Co. (Baltimore)

Hoffman

1

50c

class A——

U. S.

12-15

1

25c

1

5

1-

2-26

2-

2

class A

United

1

37V'2c

—

1-

3-

2-

2-15

4-

$1.25

'

class A

non-cum.

S.

1-15

2-

3-1

'

non-cum.

Extra

12-22

$1.50

common

Paper Mills,

2-15
3-15

$2.50

Extra

U.

U.

Ltd.—

1
2

$1.25

non-cum.

6.4%

Mills Co.,

1-15

1

4-

58 %C

—

4%

Quarterly

1-15

:

1-30

25c

(quar.)

2-

i

58 %C

(quar.)——

4%

12-15

,

2-15

20c

(quar.)

preferred

Lawrence

San

1-12

York (increased)
(quar.)—
National Distillers Products (quar.)_:
National Fuel Gas Co. (quar.) _______—20c
National City Bank of New
National City Lines,

Lawrence

3-15

58 %c

—

'.

& Canal

RR.

J.

4%

.

1-15

(quar.) ________
—
pfd. A (accum.) —

Co.

N.

Casualty Co.—

$35c

Corp.,

Paper

2-15

& Manufacturers—

Merchants

S.

1-15

1

(quar.)—

(quar.)

preferred

Croix

Lawrence

7%

1-20

-

1

2-

20c

Co.,

St.

1-31

1

National Biscuit, common.

;/ l- 5

2-

(quar.)

Co.

St.

Common

2-

.

5

1-15

Co.,

Typewriter

Royal

Smith

—

7

1-

1

&

Button

Paper

1-11

37 %c

...

12-

1-

50c

—

T/ir

$48c

(quar.)_______

(quar.)

9

1-15

1-15

41%c

Ltd., common (quar.) —
6%
preferred (quar.)—
Roos Brothers. Inc., $6.50 preferred——__

Mulling Manufacturing—
$7

U.

U,

1-

1-20

12-22*

50c

1-15

62%c

1-15

2-

—_—

(quar.)_____.
Co. (quar.)

W.)

(H.

(monthly)——

1-15

1
2

3-

53c
53c

1

4-

53c

—__

9

3-

; 2v

50c

5V2%

(quar.)___—

St.

$1.25

,

United

58y3c

Investing Corp.. $7 pfd.

preferred

1-18

$20c

common

12-15

U. S.

(accum.)—
Copper & Brass, 5V'2% pfd. (quar.)__
preferred (quar.)—
Manufacturing, 5% pfd. (quar.)—_

Rickel

Development-

(quar.)

States

Revere

7%

2- 1

___

1-15

15c

(quar.

preferred

$5

1-

1-3K,

(monthly)

preferred (quar.)

25c

—

1st

Reserve

12-21

1-31

50c

preferred (quar.)

5%

$2

preferred (accum.)__—_—______
Rapid Electrotype Co. (quar.)__—
Reading. Company (quar.)
Reading Gas Co. (PaJ, 2nd pfd. (quar.)___
Reliance Electric & Engineering Co.—

12-20'

lc

preferred

preferred

6%

12-31

5c

Quarterly
Mountain States Power,
5%

80c

12-30

50c

(s-a)___

5%

12-30

Railway Equipment & Realty Co. Ltd.—•

1-12

1-

Montgomery Ward & Co., common (quar.)
Montreal Light Heat & Power Consolidated-

12-30

1-15

Uc

(quar.)—,

12-30

1-15

Railroad Employees Corp.—

1-15

preferred

1-20

12-30

1-15

.

United

prior

15c

12-30

5%

$1.50

7%

$1.50

$1.75

—

12-30

50c

(quar.)___—

Co.

Power

1-15

2-28

50c

(monthly)
(monthly)—
(monthly)

$1.25

Radio Corp.

Security

(quar.)_

6

1-20

of America, common (year-end)
Radio-Keith-Orpheum, 6% preferred (quar.)

Quebec

12-30

15c

i

(monthly)

$1.50

—

-

12-30

1-15

$1

1-10

1-15
■

35c

(initial)-—

(monthly)

7%, prior preferred
7%
priof" preferred

2-28

1-17

1-11

.'

prior preferred
prior preferred

2-10

25c

$25c

Co.—

12-30

/ 1-15

12-30

12-30

$10c

1-15

$1.50

'

:

1-25

$1
25c >.

—______

preferred

1-20

1-15

!

(quar.)

prior preferred (monthly).
6.36%
prior preferred (monthly)

of New Jersey—

prior preference

V 2- 2

'

____

(quar.)___

1-20

2- 1

2

$1.25

2-15

$1.50

4-

—,—-

(monthly)

preferred

"~$5
$$1.75

Ltd

Corporation

/

2-20

6%

(quar.)_____

1-11

15c

6%

Colorado—

Quaker Oats Co., 6%

12-18

3-12
1-15

_

6%

7

preferred (monthly)—
Puget Sound Power & Light—

12-15

25c

5
2

6%

1-15

1-17

$1.25

Monroe Loan Society, class A

Montreal

6%

3-15

Scott

Mississippi Power & Light Co., $6 pfd. (quar.)

Mount

j2- 3

Navigation & RR.—

____________

$6

Public Service Corp.

_

Hart, Inc., $1 prior preferred
Miller Manufacturing Co., class A
(quar.)

Power,

til-20

1-31
1-31

40c

5

1-

B

Rolland

$10

Gas

1-

4-16

1-10

(stock

United Gas Improvement (initial)——
United Light & Railways Co. (Del.)—

2-

preferred (monthly)—
preferred (monthly)
—______—
preferred (monthly)
_____—__

5%

St.

(accum.)

Fruit

25c

of

1-16

;

United

1

i

Co.

Y.)

(N.

California

Share

&

1-

Rochester

$1.75

of

Co.

Extra '

preferred

7%

12-15

15c

Miller &

Montana

12-31

Inc.—

Co.,

Oil

United Bond

2

preferred

Service

1

(s-a)—

prior

Public

1-10

2-

■

Ltd., 7% pfd. (quar.)_

Co.,

prior

1- 2

;

Union

Tobacco

6.36%

1-15

$30c

& Bennington RR.

Tuckett

6.36%

Class

2

1

share lor each share held

a

3-15

(interim)

1
1

2-

1

1/14 of

3-15

Proprietary Mines Ltd.
Prosperity Co., class A

1-15*

1- 2

(quar.)—

preferred class

&

1-15*

12-29

2- 1
1-15

midwest Piping & Supply (irregular)
Mill Creek

1-15

2-

2-

$1.50

8

1-20

3-

12-28

$5c
$1.75

•_

Co.

1

1-15

Merritt-Chapman & Scott Corp.—
6%%

3-15

12-18

2-

Trust

&

2

Gas

2-1

1-31

1-15

$1

preferred (accum.)

6

$1.25

—

1-

$1

25c

(quar.)___

6%

6

$3c

11-

1-15

$1.33%

—*.—

Co._:

2

1-15

$1.50

United

1-

5

1-

11-

.

Bank

Troy

12-30

1-20

1-

1-15

(quar.)

<

2-15

4-

2- 1
2-1

$1.25

(quar.)___

Light, $5 preferred
(year-end)
Premier Gold Mining Co., Ltd
Procter & Gamble, 8% preferred

$1.25

_________

50c

common

-

3-10

$3c

50c

90c

1-16

1

1-10

1

1-20

1-15

25C

,

(quar.) '

1-16

1

2-

25c

2-

$1.12%

;

Manufacturing, $3.60 pfd.
Manufacturing (quar.)_
■

1-20

2-

$1.75

_____

Common

(quar.)
(quar.)

partic. pfd.

1-

1

1-15

62 %C

div.)

12-30

1-10
1-15

1-16

1

Trade

1-10

2-

1-30

2-

Towle

12-30

75c

12-28

(quar.) V

4-

1-31

$1

(accum.)

—

Tool

(quar.)

(quar.)__

75c

Portland

12-30

6%

Distilleries Ltd.,

Stores

1-15

3-15

(quar.)__________

common

preferred

12-30

1-15

_

shares

1-15

preferred

12-27

$2.50

4

12-28

25c

Bridge Co., 5% pfd. (quar.)
Teck-Hughes Gold Mines, Ltd. (interim).
Texas Power & Light, 7%
pfd. (quar.)——

1-15

1

1-

1-15

$1/

Tacony-Palmyra

12-20

1-25

1-30

1-15

50c

Thatcher

1-10

1

8

.

2-15

25c

$1

A

9

15c

1

Mold Corp.

5

1

2-

8

1-

1

common——

2-

$1.121/2"

Plymouth Cordage (extra)
Employees Stock (extra)

$$1.50
preferred

Co.,

12-

1-15

21-

2-15
2-

—

5

3-

3-14

60c

$75c

Securities—

65c

Plomb

VL3J

1-15
1-15

;

Fuller

&

Electric

Bearer

2

■.

31 Vkc

,

9

$1.10

12-21

common

6%% pfd. (sa-)

$3
40c

_______

(initial quarterly)

preferred

Mercantile

-

Baer

Co.,

1-

2-

1-10

$10c'

(quar.)

(s-a)

2-15

$1.06 V*

Ry.

B.)

preferred (quar.)
Textron, Inc., $2.50 prior

20c

12-21

(quar.)

(Cai.) (quar.)
Sylvanite Gold Mines, Ltd., common

12-12

2-

1-10

1-10

$75c

Sun Oil, 4V2%
preferred
Superheater Co. (quar.)

12-31

$1

$4 preferred (initial)
(quar.)
—_____

preferred

20c

preferred

$4

Inc.,

& Northern

Pittsburgh Coal,

Ltd.—

5%

Robbins,

McLellan Stores,

Melchers

117Vic
$17Vic

___

—'J-

(quar.)—

McCrory Stores Corp.,
McKesson

25c

1-

1-10

1-15

$1.25

—

(quar.)

preferred

(John

12-31

1-15

11-25

25c

preferred

Super

12-30

1-15

25C

$10c

(quar.)__

,

1-31

12-30

$1.06 %

(quar.)

& Co.

1

3-

li

1-15

$1.25

_v__________

tic

(quar.)

7%
Co.,

(A.)

1-15

3-

t50c

(quar.)

common

Pittsburgh Bessemer & Lake Erie, com. (s-a)_
^

12-30

1-15
1-15
1-10

(s-a)

Co.,

Co.

Canada,

1

3-15

$1.12V2

——_—_

preferred

25c

(quar.)

(quar.)
.(quar.)

Co

preferred

Rheem

(quar.)—

Rubber

&

(Albert)

$4

50c

(quar.)

Corporation

Tire

Coke

&

5%

1-15

2-

I

1

"

(irreg.)

$6

$5 pfd.

Co.,

Power

Gas Light

class A

$1.40

Pilot Full Fashion Mills, Inc.,

37%c

—

Co.

4

1-15

——

(quar.)——

Ma"Ssawippi Valley RR. Co.

Telephone,

Year-end

12-28

(quar.)_
——

5/'j.

2

2-

$1.25

$1.0614

$4 2nd preferred (accum;)

12-30

,

of

Suburban

1

$1

Pillsbury Mills

Telegraph—

&

3-

1-15.V

-

$1

—

.

—

(quar.)

Corp.

Telephone

2-15'

12-30

(quar.)

preferred

Calculating Machine Co.

Oil

Margay

(N. Y.)

Trust Co.

Manufacturers

1-15

Stix

12-31

3-15

10c

(resumed)

RR

___

Piedmont

9

2- 1
1-15
2-28

20c preferred-

Radio & Television,

Majestic

1-15

$1.06Vi
50c
15c

C.)

5

1-

Special

12-29*

1-15

75c

pfd. (quar.)_

Mines

River

4(4%

12-30

_______

Stein

12-29

1-15

$1.50

preferred (quar.)_____

Pick

1-15

(year-end)—

& Co., 4%% pfd. A <quar.)___
Co., $2 class A pfd. (quar.)

(R. H.)

Macy

Hudson

4%

Inc.,

Consolidated

1-18

$1

(quar.)

pfd. (quar.)—_
Bottling (irreg.)h—

Companies,
&

50c

$1.25

Co..> 6%

Cola

Phillips-Jones,

12-30

(quar.)
—
Pfd. (quar.)

8%

50c

4'/a%

1-15

—

5%%

Forbes, com.

preierred (ouar.)

6%

6

60c
$1.50

(quar.)_.

($100 par)

preferred

Luzerne Co. Gas & Elec.,
MacAndrews

______

Stetson

Philadelphia Company
Philadelphia Electric, 4.4% pfd. (quar.)___
Philadelphia & Trenton RR. Co. (s-a)
Philip Morris & Co. Inc. Ltd., com. (quar.)_

12-30

-

12-30

(quar.)

preferred

Works,

preferred

12-30

—

(quar.)_;

Ltd., class'A

Radio,

Co.

1-20

—

Tel.

Pennsylvania
Peoples

$5

2nd preferred (quar.)—
Co. (Ky.), com.__

($25 par)

v

Steel

1-20

pfd.

Co

12-15

Electric

cumul. pfd.

5%

;

12-31

1-

8

$1.31',4

Interim

Pharis

1-

1-

1

Stanley

$1.12 y2
________

conv.

Electric

Coca

Peninsular

5

1-15
1- 9
2- 1
1-25
1-15
1-15
2- 1

(year-end)

8%
&

Gas

9- 5

75c
15c
$2
37V2c
31 Vic
$1.25
$1.31 Vi

—

—_____

Corp.

Taylor,

Louisville

1-15
.2- 1
3-1
4- 1
2- 1

J

1-

1-15

Standard/TWholesale Phosphate & Acid Works

7%

Ltd.

Mines,

&

Utah

6%

Liquid Carbonic Corp., 4%% pfd. (quar.)__
Little Schuylkill Navigation RR. & Coal Co.
Semi-annually

1-15
1-15

31 Vic
87%c
50c
$1.62%
$1.12V2

__J.

(quar.)

2- 1
2- 1
1- 8

30c
25c

;

——

.

com.

new

1-15
1-15
1-15
1-25
4- 2 }
4- 2
2- 1

50c

Corp.- (quar.)

Corporation
Stores

1-15
2- 1
2- 1

75c
50c

preferred (quar.)

6%

:

/

6-15
3- 1

62Vic

:

(initial)—_
Lexington Telephone Co., 5.2% pfd. (quar.)
Liberty Aircraft Products Corp.—
$1.25 conv. preferred (initial quar.)___—_
Liberty Loan Corp., $3.50 pid. (quar.)——
Lerner

1-9

50c
/••::; 8c
75c ;
37 %c !
10c

——
——

preferred

Leath

Lee

(quar.)

B„

•Lazarus

1-10

25c
t5c
$1.75

—.

(interim)-—.—
Lane Bryant, 7% preferred (quar.)——.——.
JLangendorf United Bakeries, Inc.—
Ltd.

Mines,

Tel.

Common

(quar.)

Gold

5

Paymaster Consolidated Mines, Ltd.—

5

Inc.—

Mfg. Co.,

preferred

Laniaque

Pacific

6-5

1-

2-

12-30

(Del.)—•

Power

Lumber

Paterson

2- 1
1-16
2-26

2-

$1

Lighting Corp., $5

Paraffine

$1.75
12 %c
15c

preferred

1-25

Ry

4Va%

Gas &

Park

1-

3-12

1-15

Panama

1-31
1-20
1-15
1-15

(quar.)__

12-28

Pacific

r

(quar.)
______
(G.) Brewing Co.—
creamery Co., 6Gc preierred (quar.)

2nd

I'M

1-18

$1.25
5oc
31V4C
$1.50
10c
$1.75

Kellogg Switchboard & Supply—
5%
preierred (quar.)___
i
Kennedy's, Inc., common (year-end) _______
$1.25 conv. preierred (quar.)
Kentucky Utilities Co., 6% preferred (quar.)
Kildun Mining Corp.
(liquidating).Kobacker Stores, Inc., 7% preferred
Kroger

12-15

: 1-27

pfd.

6%

1-31

1-12

Inc

Stores,

Department

Kaufmann

60c

t$1.50

(irregular)—

.

1-29

Pacific

12-

Gas

preferred

Class B4(quar.) ——

f5c

Pacific

,

12-30

1-15

$1.20

Gold

Corp.,

1- 2

——

4 Vi %

Standard Products Co.;
Standard

12-21

1-15

___

'.

12-30.

1-15

Oliver

1-20*

3-15
6-15
9-15
12-15

1-2

1-15

1-15

12-23

15c
15c
15c
15c

1-15

$2

$1.25

2-1

———

1-15

$1.25

12-15

3-

1-17

12-22

$1.25

States Pwr. (Minn.), $5

$1

—________

—

_

1-15

75c

•

preferred, B (quar.)
________
Standard Brands.) Inc., $4.50 pfd. (quar.)—
Standard Chemical Co., Ltd. (interim
Standard Oil Co. (Ohio), 5% pfd. (quar,) —

pfd. (quar.)
(quar.)—__

O'Brien

2

25c

(quar.)

Common

75c

Co., common—______
(quar.) _____
—
—
(E. R.) & Sons, $5 pfd. A (quar.) —

preference

$4.25

(interim)
(initial) _____
Oppenheim Collins & Co., Inc. (year-end) __

12-29

Vegetable Parchment Co.—

Kalamazoo

1-15

.

2-10
25c

Novadel-Lighting, $5 preferred

$1.50

(quar.)—..—...
preferred (quar.)

preierred series A

2nd

4%

Jophn Water Works Co., 6%

1

.

(s-a)________

Power,

$3

Squibb
2-

12-30

Northern

1-10

2-1

Co.

preferred (accum.)
preferred (accum.)

7%'

1-10

Jonnson—

&

Johnson

,

V'

$1.25

(quar.)

Liberties
Ontario

Northern

12-20

1-

$1

prior preferred-----^-

:

Ry.

Northern

1-15

1-15

$75c
$1.06!4

—

.7%

5%: preferred
Northern

1-15*

2- 1
1-15
1-15

Stores

Department

Interstate

1-11

(Dallas)-—

Co.

Insurance

Life

'

J 13c

,

Cqrp._______

North Penn Gas,

12-15

2- 1

_

2-

Northern,Indiana Public Service—

12-15

1-15

t$1.75

Electric

.Northern Central

'

:

preierred (quar.)
—
International Utilities Corp., $3.50 pfd. (quar.)
7%

Telephone

Central RR.

York

„

1-31.

2- 1
2- 1

(quar.)

(quar.)—

preference

conv.

1-

1-15

Spicer Manufacturing

1-15

New Brunswick

'

5

International Metal Industries—
6%

1-15

12-15

12-31

1-29
2- 1
1-15

____

international Harvester Co., common

1-19

1-15

25c

3-1

5%
2bc
65c

—_

Detrola

.International

I

20c

1-

"-v...;>*■/
$20c
1-15
$37%c
1-15

Ltd.—-

$1.50

1-15

50c

■Extra

International Bronze Powders,

(quar.)

preferred B

6%

Corp., $1.20 preference.™.
National Steel Car Corp., Ltd. (quar.)—_—

1-31
2-28
1-15

(

1-15

35o

Lead

Manufacturers & Stores (year-end)

Co.,

12-30

$1.50

$1.12 VS

(quar.)
414%. pfd. (quar.)

Southern New England Telephone Co.

National

National

Money

Holders

When

Per

National

12-29

■

•

stocs; & Bond. Group

y.Vij

;<•Name of Company

'•'.t./.;

of Rec.

Share.:,, Payable

of Rec.

1-20

3-10

•

Holders

Payable

2-14

2" 1
1-15

;

Company

12-30

3- 1
2- 1
1-15

$1.50.
15c ,-.
(accum.$2.50 t
—V

(quar.)__
Investing Corp., $7 pid.

Hussman-Ligonier

Name of

of Rec.

Payable

Share

t

;6i pfd' (quar.)_

Fibre Corp.,

Hummel-Ross

Holders

"Per. • : ::.".When

.

Name of Company

-When

Share

-

r

Monday, January 8, 1945

COMMERCIAL' & FINANCIAL CHRONICLE

THE

144

resident

in

tax,

Non*

that

held

railroad
The

Hews
'

of

entered in suits by the two groups of stockhold¬
railroad and nine of its officers and

was

1940 to hold the

and

1939

Pennroad

in

services-,
_
Net profit after charges and Federal;
Earnings per share on 403,680 shares
and

sales

Net

—517.707,602
;
• 140,288

-

taxes—,--—;
class A and class B

y-

Ford

Motor

that

0 34

Ry.—Earnings—

ry.

railway———

from

Net

income.

oper,

;

$30,810

$143,056
70,156
27,887

$128,334
64,423
24,017

$131,783
69,964
26,955

railway^-—

from

Gross

Net

/
1941

1942

1943

Net

ry.

railway-

from

Net

.

income

oper.

''Deficit.-—V.

160, p. 2407.

31—

.7

will

stock

at

be

devoted

$104

for

that

it

indicates
1945,I

group

^

the

4(4%

expects

redemption

and

for

$107

The company
time in March,

4Va

these stocks

redeem

to

some

Sept. 30

Ended

I--/v-;
Profit

after

Total

after

^

'

I-

w-.-—--

interest,

income

$94,170,623]
7,117,899}'
7,203,296J

etc.—

and

1943

1944

etc.L—^1™-^—-;

depreciation,

income

Profit

Federal

+Net

Period End. Nov. 30—
.V

v

Railway

per

tSubject

$6.109,31S

2.784,000

$3,461,912

_

$3 ,325,316

$2.90

common,

to

possible

refund.- -V.

renegotiation

Period End. Nov. 30—

161,

12.

p.

•Earnings—

1944—Month—1943

Railway oper. revenues.

1944—11 Mos.—1943

$2,627,984

$2,611,576

expenses,

2,450,397

2,494,653

'Railway tax accruals,.
Equip. & jt. facil. rents

361,474

332,246

Cr531.580

Cr520,741

$347,693

$305,418

$4,988,345

24,991

193.032

246,168

391,046

$372,684

$498,480

$5,234,513

$5,938,123

55,481

60,147

•1,245,588

1,826,123

3,387

5,026

50,096

40,931

$313,816

$433,307

$3,938,829

$4,071,064

$228,303

$125,609

Railway

Net

oper.

ry.

income.

oper.

income

Total

V.".'-

.

$. VV'f•-'*

$

$

r

933,824,960

income

Miscell.

1944—Month—1943 T : 1944—11 Mos.—1943
•

.»

$32,025,267 $32,161,933

26,108,065

23,975.036
8,365,501

6,823,481

Cr5.894.624 Cr5,725,731
$5,547,077

deductions from

income

<£

897,476,873

oper.

reys.—

83,085,440

80,232,091

exps.—

60,224,962

Total

fixed

charges

59,017,391 678,649,143 606,232,785
Net

Net

from, .-railway

rev.

■/

income

14,104,421

taxes—_

1,041,965

1,195,873

11,814,410

11,012,245

tuxes—-

1,127,128

1,295,474

Gross

income

117,026,000 142,022,819

$3,119,366

deductions

Income

$3,203,386

$2,428,608

(Dr.bal.)
(Dr.bal.)

358,820
503,236

120,092

rents

64,113

3,686,124

income

9,234,329

4,428,727

102,512,142

118,449,237

$2,335,820

,

—

fac.

requirements:.

$5.50

Freferred

($50

■>

«

,

series A, 434%--^--———
conv. prior preferred-—

Pfd.,
v

————

div.

stock

-

ry.

oper.

•/
.

——

,

Earnings

November—

Company

of

Only

1941

1942

319,000
273,165

from

Net

from

Net

ry.

railway-

railway-

-

income

_

oper.

stock

com.

&

$1,773,655

$1,931,574

$2,008,720

surplus

Gross

from

161.

11.

P.

*

>

Net

'

.

Pee Delaware Lackawanna & Western

ry.

Net

from

Net

ry.

shares

Earnings

per

—V.

p.

155,

share
1414.

$0.38

—

—-

—

11^47p,610 130,983,012 88

V

November—
from

Gross

Net

Net

ry.

ry.

1941

1942

250,855

454,493

131,165

93,027

271,792

"

1941

1942

1943

1944

It-

r

$120,433

..'$112,326

$92,711

21.455

7,959

20,065

26,477

408

16,715

1,407.018

1,354,361

1,136,566

'■

income—

.

$102,873
Y

42,884

34,751

From January 1—

$514,787

116,285

'19,445

Net

from

'202,647

'36,476

'167,386

Net

rv.

from

Gross

—V.

11,587,350
3,046,441

11,585.266

8,688,512
1,998,862

1,139,162

528,929

1,057,496

'167,776

'827,887

railway——

251,417

income—

160,

409,997
227,030

961,346

362,078

203,091

railway

oper,

315,845

297,412

,

220,265

2408.

p.

7,103,608

3,268,877

income..

oper.

'Deficit.—V.

160,

2547.

p.

Pittsburgh & West Virginia Ry.—Earnings—

Pennsylvania'

Manufacturing

Salt

of

Co.—Listing

1942

1941

$607,247

$562,422

$513,594

$460,362

208,051

t:,- 162,790

from

from

186,005

198,024

Net

ry.

1943

1944

November—
Gross
Net

•

52,825

*79,478

-

railway

oper.

$716,704

railway—
railway

from

Net

17,939

1,409,439

'

2408.

p.

railway

*13,115

v

'111,061

.

from

$727,919

$814,562
80,215

income._

oper.

12,435

1,353,629

..

.

Pittsburg & Shawmut RR.—Earnings-

289,118

Lines—Earnings-

1943

1944

railway.—

railway

from

Gross

1943
$302,994
. ^56,265
$0.55

1944

30—

charges and taxes..
$215,918
outstanding—555,947

profit alter

Common

103,575,730

From January 1—

Pacific Coast Aggregates, Inc.—Earnings—
9 Months Ended Sept.

irom

Net

"

Net

—

income .L

12.

November—

Petersen,

A.

895,787,432 765,749,181 559 261,250
256,071,665 291/,125,497 261,385,248 157, 368,757

160,

610

1,347,962
282,955

.

income,,

oper.

32,074

931,917,947

.—

Pennsylvania-Reading: Seashore
Gross

Executive Vice-President, has been named President,
to succeed the late Jesse II. Van Alstyne.—V, 161, p. 12.
L.

railway—
p.

ry.

$123,391

25,128

1,158,877

railway.__,_,T

from

Net

$115,523

13,901

*13,548
.

railway—__

'Deficit.—V.

railway-

oper.

161.

from

$110,278

"2,774

•

From January 1—

Gross

1941

$88,337

.

railway,,,,
oper.
income,,

1942

1943

1944

railway,,,,

from

Net

1462.

RR. above.—V. 117, p.

Otis Elevator Co.—-New President—

■

ry.

—V.

Oswego & Syracuse RR.—Merger Agreement— ;
,

from

Net

—V.

from

Net

From Jan. 1—

for

Balance

$6,153,194,

$5,273,397

Pittsburg Shawmut & Northern RR.—EarningsNovember—

.

$80,0887374 $74,243,320 $53,146,783
22,913,363
21,220,311
25,621,348
12,817,766
9,302,043
4,445,647
14,839,298
6.497,791

$82,923,368

_

L; L

income, &
2408.

p.

Net

-

1943

1944

>.

Gloss

243,437
135,982
117,613

427,500

par.l_

160,

Gross

Net

6

income

Net

Pi'd.

profits taxes,,

-V.

1,895,115

859,336

$2,436,220

rents

12,805,659
7,331,482

$3,225,186

774,759

Equipt.

$3,194,057
Cr3l,128

683,146

—

$3,210,447
J9r7,08l

Fed.

11,930,638
5,934,034

ins.

Jt.

$3,126,447
Dr7,031

*Incl.
excess

21,214,700 255,175,817 '291,244,088

10,555,000

■

taxes

retiremt.

RR.

>>

22,860,478

operations
Railway

Unemploy.
Other income, net

<

3,348,000

(n.ti

caxrs

Pittsburgh & Lake Erie RR.

Railway 'oper.

——

income..—-

;

.

Not

$3.04

pro.yts

-

operating

.

Avail.

6,809.912

fexcess

income

Earnings

(Excludes L. I. RR. and B. & E. RR.)

***

—

Utility

■

•

preferred
preferred

outstanding

of
the

T-'M

Earnings for Six Months

their" claims.

of

'

'

the shares not exchanged for old
the

to

sales

Net

was

-

—

underwriting

an

Co.

Proceeds from the sale of

stock

preferred holders will
headed by Lehman Bros,

by the present common and

Earnings of Regional System

$15,159,083 $15,159,086 $12,959,693
5,781,507
5,781,507
4,506,344
Maintenance
—...i.„—•
-i—
466,710
466,710.
369,227
General taxes
897,521
897,521
910,420
Federal normal and surtax,——
1,233,000
1,217,000
1,014,100
Federal excess profits tax
1,766,000
1,698,000
1,390.600
State income tax———2—L——. Y
126,000
126,000
119,350
Reirement
reserve accruals
1,761,901
1,761,901
1,545,594
l

-

Operation

decision

1943
Actual

absorbed

Glore, Forgan &

Other

1944

/,

Pro Forma

Operating, revenues

The main

amount

lull

12 Months Ended Oct.

not

publicly offered by

personal responsibility.
opinions- were written

Co.—Earnings—

Oklahoma Natural Gas

be

and

the

by as many1 judges of the Appellate
by Judge Herbert F. Goodrich.
It ex¬
plained the court's contention that the plaintiffs were barred by the
statute of limitations from recovering anything from the Pennsylvania
RR.
Judge Charles Alvin Jones concurred with Judge Goodrich and
Judge John Biggs, Jr., senior member of the court, dissented, saying
the plaintiffs had proved their whole case and were entitled to
the

295,224
91,141
15,579

1,206,317
664,637
288,025

1,448,910
788,917
308,517

1,481,871
830,277
324.863

railway

from

the ground that

upon

shares

Three

Court.

From Jan. 1—

Gross

rested mainly

the verdict

of

groups

any

"759
* 10,799

which the plaintiffs complained.

of

of plaintiffs filed their claims tdb late.
The controlling
opinion stated also that the plaintiffs had failed to prove any "moral
turpitude," "breach of trust", or "dereliction of duty" on the part of
the officers and directors, who had been relieved by Judge Welsh of
two

1944

connection with three other transactions, but
to $22,104,515 on the four other

in

145

.

losses amounting

been

reversal

The

and

Co.,

there had

transactions

"l %

Oklahoma City-Ada-Atoka

.

Judge Welsh, after a trial' that lasted 87 days, held that no loss had
been shown by Pennroad's stockholders with respect to the $36,000,000
deal to purchase the Detroit,
Toledo & Ironton RR., owned by the

i':;;

.

—V.

November—

were

road.

Ended Sept. 30, 15>44:

for Two Months

Earnings

,

interests in six railroads,
directors fk officers also of Penn¬
•"
v"
/■■
:

controlling

purchase of

the

The nine individual defendants

Inc.—Earnings—

Northrop Aircraft,

.

than $100,000,000 and the latter
judgment should be set aside. The
.1

more

District Court's

the

directors, most of whom are deceased, liable for alleged losses, asserted
to have been in excess of $95,000,000 through the investment of funds

:

,

entitled to

were

won.

judgment

in

ers

(Continued from page 112)

they

contended that

General Corporation and

>

CHRONICLE

& 1 .x-JANCIAL

THE COMMERCIAL

Number 4349

Volume 161

railway-

railway

.

154,963

125,261

273,875

income—

oper.

183,727

"

Pacific Telephone
v..

.

:•••'••/

'vA-;.'

v-

Operating

revenues

Operating

expenses

— -

Taxes

52,843,484 221,274,000 2(i»-,982,764
35,841,144 145,981,000 130,940,729
11,089,443
50,630,000
47,445,170

14,095,000

————————

$

$

§

57,356,000
36,720,000

.—

* 1944—12 Mos.—1943

J

* 1944^-3 Mos.—1943

Period End. Dec. 31-—
.

(& Subs.)—Earns.

& .Telegraph Co.

Common Stock—
The

6f

\

income

oper.

6,541,000

25,593.885
.Dr796,670

24.663.000
£>r792.000

5,912,897
109,184

common

standing.—V.

electric
ended

week

(net)

Income

Total

Drl85,000

—_

6,356,000

—

6,022,081

23,871,000

745,916

2,752.000

and

out¬

Net

ry.

of

3,377,000

30,

the

company

amounted

1944,

to

and its subsidiaries for the
129,503,000 kwh., an increase

week

in

kwh.,

or

2.7%,

the

over

corresponding

4,849,937

2,545,653

2,050,653

1,741,361

1,802,435

1,667,608

1,617,227

1,481,695

2408.

p.

Polaroid

(The)
The

class
Dec.

3,418,182

"

:...

Cambridge,

Corp.,

Mass.—Accrued

Dividends—

1943.—

161, p. 12.

•

5,883,382

2,032,643

oper.

160,

\V

.

7,157,240

railway—— «• 6,712,003

railway—L—
Income

from

—V.

24,800,195

675,000

income

issued

'I.. ...I.:'"

■

January 1—

from

Net

which are

v;.:'

for

output

Dec.

V.

Other

all of

$10),

(par

the listing of 750,000

authorized

Exchange has

stock

160, p. 2651.

Philadelphia Electric Co.—Weekly Output—
The

Net

Stock

York

New

shares

From

Gross

;1

recently' declared dividends

corporation
A-stock,

29,

settlement

in

of

to stockholders of

1944,

the

shares

to

up

arrears

Dec. 26,

record

Sept.

issued

24.

"

•

5 %■ cumulative
24, 1940, payable
1.944, in the following;

its

on

Dec.

*5,631 000

5,537,188

20,302,813

$1.64

$6.58

Dividends
Earns,

share--

per com.

estimated.-—V.

"December

161,

corporation

The

Dec.

on

July

which matures

1,

1937;

$8.75

snares

July

in

prepaid

29

William

Judge

Kirkpatrick

H.

28 granted the

Dec.

on

$1,000,000

the

This is

funded

its

of

portion of the $6,000,000

a

holders

1944,

The

are

interest

payment

uted among bondholders

is

in

addition to the $6,335,000 to be distrib¬

and creditors under the company's reorganiza¬

1.—V. 161, p. 12.

plan, which became effective Jan.

tion

The

has called

company

for redemption

on

Feb.

1,

Bank & Trust Co.,

National

Illinois

111.—V. 160, p.

cago,

trustee,

231

La Salle St.,

So.

.i:.-v.

2546.

expenses

all of the

next,

outstanding 1st mtge. sinking fund 5% gold bonds, series A, due May
1.
1953, at 102 and int.
Payment will be made at the Continental

1942

Pennsylvania

RR.
upset.—See
—V. 160, p. 2078.

Penn¬
below.

RR.

11,087,704

821,1.81

'673,633

94,802

131,779

$1,085,213

$1,114,253

$1,866,935

$1,785,118

552,220

___—„

income

553,428

544,862

,

10 Mos.—1943;-

other

10,720,294
2,897,473

115,323 ,565

'97,114.164

35,504 610

25,876,020

Cr701,135

267,157

201 492

3.440,940

5,154,862

4,153,320

50,057, 514

37,268,877

481,006

5,930 ,012

4,635,902
25,891,524

13,358,264
4,458,089-

__.

of

cars„_

maintenance-

opers._-

car

'*

631.321

expenses

2,916,338

23,629 935

450,855

385,747

4,380,158

3.615,212

Total expenses

408 089

272,790

3,241,456

.2,556,382

revenue

Auxiliary Operations—

89,134

279,100

Cr 11,718

248,751

260,669

:

c'

revenue

Total

net

rev

42,766

$693,271

$597,008

$544,711

divs.—

112,957

1,138,702

1,053,830

3,857,892

3,029.296

24,768,633

28,950,354

3,159,924

2,352,536

18,937,637

21,745,760

697,963

C76,759

5,831.000

5,204,594-

8,800,194

8,823.111

254,420

D'36,183

t

Net

85.619

tax__—

for

1944-

573,226

(or depr.ee, |

avail,

Auxiliary O perations

and

Car

of

1944—Month—1943

(Taxes

accrued

_

_

—

Operating income—..
Bal.

Earnings—

Expenses

759,099

'684,280

charges

Retir. exps.

-

,

11,165,218

and oth. deducts.

Federal

on

the

3,815,126

$2,675,996

(includ.

Net earnings
Amort,

Pennroad Corp.—Verdict of $22,104,515 against

sylvania

revenues

'Maintenance

1941

$2,782,918

...i——

Interest

on

Total revenues

1943

$2,875,591

maintenance)
Taxes

Chi¬

-

Tctal

Net

1944

revenues

Oper.

and

Period End. Oct. 31—

General

$2,934,711

12 Mos. End. Nov. 30—

Gross

Bonds—

$6.25

and

Sleeping Car Ojieralions-

All

Philadelphia Suburban Water Co.- -Earnings-

,

Pcabody Coal Co.—Calls Issue of 5%

Revenues

Conducting

pa.d off an outstanding mortgage on the property of an approximately
similar amount.—V. 160, p. 2651.

1933,

Pullman Co.—October

5'Jo

$39,148,-

to receive

p.

on

18,

com¬

the year

$22.50.
On each $1,000 of The
000 of debentures, holders will receive $10.42.

Funded Debt—

shares issued Dec. 20, 1939.—
1926;}'.. VTy:/..; %. v.Ai.-i':AkAA-AV'
'.

May

155,

permission to pay bond and debenture holders $853,145 in interest

pany

bonds,

when the-company took into its consolidatedstatement the Paramount Building, Times Square, New York City, and
borrowed

Federal

$10

V.

1944.
* •
•On each $1,000 principal amount mf the $24,344,700 of refunding

12.

p.

1945.

.$6.69

.

Payment of $853,145 to Creditors—

proves

xor

Paramount Pictures, Inc.—Prepays
debt

21,382,013
20,302,813

21,119,000

$1.81

——

5,276,165

5,537.188

income

Net

Philadelphia & Reading Coal & Iron Co.—Court Ap¬

amounts:

issued

deductions

Interest

c

$623,101
'Includes—

'Includes Federal taxes.

Airlines

Pennsylvania-Central
important

vitally

Two

Aeronautics

Civil

PCA

it

Board,

authorized

was

airlanes

its

to

was

fly

have

Corp.—New

been

announced

granted

on

Jan.

between'Detroit

non-stop

by

extend

to

outlet

by air between

decision
PCA

route

Chicago

route

ing in
By

a

New

York and the West and South.

from Pittsburgh, the city of PCA's beginning in 1927.
.
virtue of these new route acquisitions, PCA can provide service
New
York
and
Pittsburgh, Akron, Youngslown, Cleveland,

between

Detroit,,

Chicago,' Milwaukee

inaccessible by
Bedell

C.
York

route

ing,

various

President,8pointed

would

integrate effectively

advantages listed,

among

ancl

Michigan

heretofore

cities

one-carrier service,

Monro,

out that the Pittsburgh-New
into the PCA system and that

it would afford the Southern cities of Wheel¬

Morgantown, Clarksburg, Charleston, Tri-Cities, Knoxville, Chat¬
Huntsville and .Birmingham new one-carrier service to New

tanooga,
York.

'the^Civil Aeronautics Board

beforq

tant

Detroit

and

Miami

as

well

global routes radiating from Washington, New

across

the North

and South Atlantic

and

to

as

several

impor¬

York and Chicago

Asia.—V. 1C1,

p.

12.

test

judgment awarded them in the
Ph.ladelphia nearly a year ago in their con¬
the
Pennsylvania RR*, two groups of stockholders of the
Corp. were rebuffed Dec. 28 by the Third Circuit Court of
more

District

with

Pennroad

Appeals

which

than

the

Court

at

set

aside

Judge George A. Welsh

vania RR.
The stockholders,

led

Grace

of

Stein

We'gle

$22,104,515

the

to

decision

enter

a

of

the

lower

court

judgment in favor of

and

tne

by lone M. Overfieid of Salt Lake
Ch'cigo, aid the Pennsylvania RR.

appealed Judge Welsh's judgment to the Appellate Court.




granted

permission

to

the

Payroll

exc.

Philco Corp.—Storage Battery Output Up—
M. W. Heinritz,

divi¬

Vice-President in charge of the storage battery

part, as follows-:
1944 the industrial

the previous year. '
"In contributing its, share to the over-all industry record, the Philco
Storage Battery Division in 1944 increased its production 50% over the
preceding year.
This increase was made possible by prefabrication or
parts and sub-assemblies and an intensified use of sub-contractors.
161,
i

ordered

Pennsyl¬
City
also

and
had

The dormer

2,538,431

taxes

p.

■

12.
;

.

*

*;.»?

iu

v

in

continued

star

for

been

has

added
at

the

to

.:

.

.

...

199,847

Registers

share

of

new

preferred for

each five shares of common

Simultaneously
of

4'/4%

company

cumulative preferred

stockholders.

holders,-by

the

A

cash adjustment

the -company,
WUI 'exjue .on. Jan.

o-xC-s

achievement

outstanding
N.

J.,

in

the

war

"E" Flag won in 1943 by
Schairer, Vice-Presiclenti

S,

O.

3.—V. 160, p. 2760.

$

Other

transport.-

for

Charges

revs.

37,308,019

inc.

and

will he

paid to preferred.-

>

.

29,

1945,

and

any

new

3,532,433

3,006,663

.294,107

343,319
31,158,602

329.843 077 286.333,223

16,941,838

191,705.620

155.700,667

1,129,124

12,533,720

10,585,827

104.013

100,097

1,030.616

930,532

56,343

5,779

240,320

147,952

15,542,676

12,981,764

124,231,201

118,'113.193

on

debt

„i__

trahspor.

'Payments
p.

$

20,666,004

d'scount

deductions

'Rail

s

30,8.15,283 326,310,644 233,332,155'

37,702,123

income

&

Operating expenses
Int.

1944—10 Mos.—1943

$

1,333,035

revenues

Total

anis

(& Subs.)—Earnings-

1944—Month—i943

.

rev.--

rail

to

and

ether

carriers,

express

privileges.—V.

160,

2760.

stock

will offer holders of the 144,565
stock and 48,677 shares of 4V2%
cumulative preferred stock the right to exchange their stock on a
rhare-t'ov-sha-e basis, for the new preferred stock not taken up by the
held.

shares

1..J

12,804,228

Railway Express Agency, Inc.
Period End. Oct. 31—

funded

with the SEC 199,847 shares of cumu¬
lative preferred stock (par $100) and an equal number of subscription
warrants.
The dividend rate-will be supplied by amendment.
The company will offer holders of its 999,235 outstanding Shares of
common stock
subscription rights, evidenced by wararnts to subscribe

common,

1,731,099

charge of the laboratories, announced Jan.

has registered

company

one

-V 361.422

Army-Navy

Princeton,

Express taxes

Philip Morris & Co., Ltd., Inc,!~
Shares of Preferred with SEC—
•
'•

for

16,520,614

-

t

storage battery industry made an

$4,000,000 over

•

of.

Laboratories

RCA

im¬
portant contribution to the war effort and war-supporting activities by
stepping up its production, to approximately $70,000,C00, an increase of

•

third

effort

in

says

"During

—V.

pi

63

3,002,291

4,096,264

Radio Corp. of America—Laboratories Aiyard—.
A

sion,

&

931

,

due Jan. 1,

coupon

i

426,2331

taxes

Inc.

01,321

__

include:

—V. 160, p. 2547.

Other

Pennsylvania RR.—Wins Appeal in Pennroad Suit—
Seeking

has

881,258

878,800

;

adjustments

1 Taxes accrued

1945, on $2,627,000 of its outstanding 5% first*,
mortgage bonds.—V. 159, p. 2525.
;--v
♦
of

The

Federal

Kirkpatrick

under

tee

applica¬

PCA

are

Judge

to deposit $65,675 with Philadelphia-Fidelity Trust Co., trus¬
first mortgage of July 1, 1910, to be applied to payment

company

•;

..

pending

Now

tions" for service between

District

-v

The CAB

40 cities in the 12 States that comprise the
one-carrier system into the nation's commercial hub, ty¬
to the

also opens

Depreciation
Deprec.

Federal

and

from

Pittsburgh to New York.
The certifica¬
tion of the Capital Airline to fly into New York gives PCA, for the
l'irst time in its nearly 18 years of pioneering in commercial aviation,
a
terminal in the world's largest city and also provides a direct new
and

160, p. 2408.

Philadelphia & Western Ry.—Jan. 1 Interest—

the

.'

1.

depreciation.—V.

"(Includes

RoutesPCA

to

preferred

Republic Aviation Corp.—More Thunderbolts for AAF
receipt from the U. S. Army
order for long-range P-47
Alfred Marchev,: Prcsi*
dent
said the new order brings the backlog for ■■Republic's plant*" at
Farmingdaie, Long Island, N. Y., and Evansville, Ind., to mor? -than.
This

Air

corporation

Forces

of

Thunderbolts.

a

In

on

new

Dec. 28 announced
substantially large

making this

announcement,

said,

Marchev

shifts.—V. 160, p. 1531.

operating on two 10-hour

while

Louis San Francisco & Texas Ry. -Earnings—

St.

Because of demand for deliveries of Thunderbolts, Mr.
both Republic plants are still increasing employment

$600,000,000..

Net

Net

1943

1942

1941

$3,526,982
2,757,814
1,030,670

$8,875,079
3,567,604
2,178,412

$6,560,858
1,832,813
1,012,873

From January

Net

106,356,056 104,446,762
31,562,336
3^,635,223

93,609,290
35,325,299

—

15,889,508

19,656,598

—V.

■

•

j.':-'

:!• ■.

*

In

me

Dec. 28 sa.d:

on

two

sharehoideis.

3,576,582

3,931,143

3,063,951

1,472,555

1,014,148

365,330

974,871

1,469,769
1,044,414

income

oper.

2443.

p.

from

from

•Net

ry.

the
to

Gross

from
ry.

1,638,076
551,919 j-ly 181,729
710
*260,363

"Dexicit—V.

,'v/:;''-

1.272,487
7 y 77.906

ngs-..__>iA_

-Gross earn

*33,616

160. p.

'

■

*277.965

'•'

Note—Operating

2443.

160,

Mo-,—1943

$608,863
217,975

$577,306
20J,127

$390 885

'. -' $368 179

'

43

and excess profits
'.I'",■•"; .1":'

include i.icome

do net

2653.'

p.

jkyps

1944—2

$182,048

$192,588

expenses

■;

$288 744
106,6^6

$304,228
1.1 700

Net earnings

taxes—V.

■

Ltd.—Earnings—

1944—Mont 1-1

Period End. Nov. 30—

1.422

2,472,703

166,171
*416,152

income.._

Venezuela,

Cruz,

la

,

Ope;ating expenses

laiivay—2,701,487

:de

Puerta

the

•"

"

railway...

oper.

deliveries of the pipe line lrcm

the

to

Southern Canada Power Co.,

$117,688

*10,954/
*28,059

field

p. 48.

1941

$141,557
V 17,677
•
*18,588

*20,267

income...

cper.

from

Net

first matter pertains to Federal income taxes in connection with
company's'offer of excaa.igo cated Nov. 15, 1344, under wjiich the
will issue, subject to the term: and conditions contained in
said offer of exchange, shares of new 6tf
cumulative preferred stock
in
exchange
ler
cummcn
stock, upon a share-lor-share basis.
A
written ruling has been obtained lro.n the Bureau of Internal Revenue,
that for Iederai income tax purposes, no recognizable gain or loss to
the corporation
or
its shareholders will result from exchanges made
under this oiler.
The ruling aisi holds that the basis (as to cost
and period of ownership) to the shareholders of the stock received in
exchange will be the same as the basis of., the stock surrendered.
The second matter relates to
the final settlement of renegotiation
for the iiical year ended June. 30, 1943.
Under date of Dec. 16, 1944,
the War Department Price Adjustment Board in Washington approved
the renegotiation agreement which had previously been reached with
the Chicago Ordnance District Price Adjustment Board.)
Accordingly,

154,obd

1942

$237,569

railway.—32,916

Net

The

Iff:'1943

$282,453

railway—

From Jan. 1—

.

531.416

San Antonio Uvalde & Gulf RR.—Earnings1944

that

advised

been

Barbara >oii

Santa

equipment, insUned, t.m cor¬

of additional pumping

part

terminal, hive been increased to 52,000 barre.s a day.
The orijinel ■
capacity of the line was 40,000 barrels dai.y.
With the installation
of a pump station
for which all the material is on the ground, the
line will have a capacity of 75,000 barre.s a day and make-possible
the loading of tankers-with about 2,000,000 barrels of crude monthly.
The pipe line
and terminal are properties of Venezuelan Petroleum
Co.
anu
its subsidiary, Compania Consolidada de Pet10.e0.-7-V. 161,

1,718,517-

f

.

only

poration'has
The

■i.'.J&Y

0

November—

A ".' '

"

.

days the company has obtained decisions on
matters wu.ch
vec.s are or immediate interest

past

following

Chairman,

Avildsen,

Clarence
.

ry.

Net

Republic Drill & Tool Co.—Tax Ruling, etc.—

;

railway:.™

railway.——,—

from

Net

Gross

■.

'331,231

from

Net

14,915,347

13,023,889

oper. income—
160, p. 2443.
.'

123,035

243,212

From Jan. 1—

Gross

72,566,637
24,682,038

ry.

With

$323,115 '■'•" $160,667
16,723
57,155

$446,313

24,906

incmoe..—

oper.

—V. 160,

railway

from

Net

ry.

,v

1—

railway--

from

Gross

1,166,591

income--.

oper.

ry.

.

—

railway—

from

Net

,

1944

railway

from

from

Net

.

$9,482,666
2,178,950

November—
Gross

..

railway—
$238,188
radway—— h.'
87,3u6

from

Gross

Reading Co.—Earnings—

Rise—

Sinclair Oil Corp.—Venezuelan Oil Deliveries

I -

1941

.1942

1943

'

1944

November—

Januar^ 8, 1945

Monday,

FINANCIAL CHRONICLE

THE COMMERCIAL &

146

the

Savannah Gas Co.—To Sell

company

fixed

refund for that liscai year is now definitely
at
the amount for
which provision was made in the iiancial
ments Included in the last annual report.
See V. 160, p. 47.
renegotiation

the

state¬

Rhebem Theatres Corp.—Tenders Sought—
Manufacturers Trust

The

Co.,

Beaver St.,

45

Y.,»will

New York, N.

IEWT) on Jan. 15, 1945, receive bids for the sale to it
5% bonds dated July. 15, 1937 ($265,100 principal amount
outstanding), to an amount sufficient to exhaust the sum of

until

3

p.m.

1st mtge,

of

now

not to exceed par.
Notices of ac¬
mailed on Jan., 19.
Bonds accepted
comoany on
or before Jan. 31,
at

approximately $18,000, at prices
ceptance of such tenders will be
delivered

be

to

are

date

which

payment will

15, i 1945.—V.

Jan.

the

to

159,

trust

113v

p.

*

,

Fredericksburg

Richmond

,

,

.

RR.—Earnings

Potomac

&

1942

1943

1944

November—

1941

•

$3,031,505

$2,709,993

'1,309,359

1,542,865

203,241

258,714

1,631,406
259,557

$1,129,975
403,330
113,181

railway—
railway-

Net

from

Net

ry.

34,641,275

33,832,124

18,157,669

19,735,759

income—
2443.

2,948,821

3,540,273

25,129.245
14,487,650
2,816;531

12,488,031
4,S09,061
2,234,509

railway—

income—

oper.

from

Net

from

Net

ry.

—V.

oper.

160,

p.

American Gas

See

Gross

railway,.
railway

from

Net

ry

From

373,069

4.328,833
551,136

3,945,786
751,258

80,384

337,638

561,324

3,459,848
419,926
232,785

160,

-

,.

to

the

order

.Redemption

160, p. 770.

-

Joseph Railway, Light, Heat &

"St.

i

2547. /./I./.I,I;.'I

Bonds—

i, next, $115,000
of the outstanding 1st mtge. 41/2%. bonds, due Dec.
1, 1947. at 100
and int.
Payment will be made at the Guaranty Trust Co., corporate
trustee, 140 Broadway, New York, N. Y.—V. 160, p. 2443.
been

have

There

called

redemption

for

on

Feb.

St. Louis Brownsville & Mexico Ry.—Earnings—
,

.1944

1943

1942

$1,589,883

$1,449,976

$1,121,738

November—

"Gross

railway-

from

Net

ry.

700,562

737,463

615,376

280,722

119,187

*561,824

390,459

195,694

17,671,746

15,133.028

8,306,875

8,005,534

11,094,373
5,285,278

1,749,300

1,726,907

3,167,689

7,096,539
2.443,741
1,718,810

railway—

from

Net

income—.

oper.

1941
$761,044

From Jan. 1—

iron

Gross

Net

Net ry.

railway

railway-.;

from

income—

oper.

-Deficit—V.
'

160.

2443.

p.

for

Earnings
November—
from

Net

Period End. Nov. 30—

Net

after

income

and

ry.

4,126,215

5.063,173
2,444.630

from

160,

letter

realized

the

taxable

the

$621,574

$1,093,605

bonds at lower interest rates was announced Dec. 29 by
following- approval of the plan by the Missouri P. S.

company

Commission.

*

•

locseis

'The new bonds,

senting
The

bonds

will be issued

will be

nancing plan

was

fees.—V.

attorney

of maturity

total interest saving of

a

new

and

each

a 2'/aft interest rate for
and 3 Va %; for the second five, repre¬

maturing in 10 years, carry

five years

$1,516,874 for the life of the issue.

in 40 quarterly instalments

plus accrued interest.

sold at par,

estimated at
160, p. 2443.

■

$28,775,
■

of $150,000

present

there

27),

Earnings

from

Gross
Net

Net

from
ry.

From
■

of which $10,000 represented

:|,;/| ./h/;

railway-

—

—

Only

1943

1942

1941

$9,982,266

$9,245,135

$8,453,935

$5,099,727

3,374,693

2,396,965

3,380,147

1,442,801

1,739,774

1,389,366

2,851,556

1,132,505

railway-

106,451,455

97,951,421

53,769,568

railway—...

33.694.200

77,127,080
27,375,990
22,719,093

11,558,059

income.

oper.

—

Jan, 1—

Net

from

Net

ry.

income™

oper.

.'

t

Company

15,896.582

"33,303,436
20,577,468

15,076,052

Earnings of System

Period End. Nov. 30—

1944—Month—1943

was an

excess

oper.

revenues..—

Total

oper.

expenses.—

Net

ry.

Dec.

as

The

311,328,748

102,955,755

1,098,052

75,469,919

67,091,360

1,802,661

3,532,332

16,582,673

21,920,424

18,045

310,105

188,733

Other income

have

directors

decided

Total

1,819,259

income

"Income

of

sale

on

for

fixed

"November,

chgs.

1,550,377

16,892,778

22,109,157

55,853

40.878

120,481

1943,

eject,

1,509,497

for

These
of

$939,503

year 1944,
160, p. 2653.

160.

16,772,297

21,936,387

of wage increase.

tAfter deductions

30.

with
p.

1944,

and $13,503,420 in period Jan.

1

to

$507,478

in

month

and




$8,133,951

in period last

year.—'V.

161,

1.395,686

3,363,628

5,164.614

47.893.349

76,483,288

Sought—

173.

157, p.

'

,
-.

v.;.

nmm

•

•

'.

.

^

.

,

••'•.h

..

1941

1942

1943

1944

$20,108,679 $19,600,736 $12,373,955

railway.,.

$24,785,751
8,866.632

9,294,012

9,487,754

4.476.231

2,718,616

3,240,809

5,761,143

2,835.732

income.

cper.

from

"*•

iailway.

railway.—

from
rv.

oper. income
161, p. 48.

185,191.022 126,840.144
95,375 902 104,679,860
81,( 20,768
47.190.1^5
30,030,914
33,402,209
38,575,518
29,534,932

240,162,035 223,360,944

—

—

—

Plan-

'■"■'.'■ll/l

a

i'.■ - I!;:|V|:|"1.AlA-l-I

7

New

Pre ent

:

mtge. collat. trust bonds, 4*1 ser„ due 1972 $20,000,(03
bonds, 3 Va %" series, due 1974—
0lk%. cumulative preferred stock...5,831,100
4%%* cumulative preferred stock.
:
.
1st

$36,366

150,710

109,106

93,452

$199,707

$158,877

1st mortgage

$17,500,090

$132,818

securities

year

Balance

30. last,- of

costing $1,183,552

with

a

earlier.
Sheet,

"Rate

as

presently assumed. The new bends will be sold either pri¬
to the general public through underwaters, it

to institutions or

vately
is

5,000,000

JC—-A—$25,831,100 $22,500,003

Total

fProfit.

proposed

first offer the new preferred stock to the present prefor exchange and any shares of new preferred s ock
exchange will be underwritten.
•' t
order of • the. Securities and
JSvchange. Commis i 'n,

to

fered stockholders

Nov.

30,

1911

not

$670,000;. accrued interest payable on

6% junior notes, series A, due March 1,
interest payable on junior notes, $417,600;

total,

deficit, $870,470;

In

issued

so

Pursuant

to

.

recently sold for approximately $4,052,090 i's last remai^irj'i
subsidiary, Gulf Public Service Co. 7he proceeds of tM's sale ftogether
..with 'treasury.'-cash. esti*na4ed. at
a maximum of $250,090)
will he
added to the proceeds of sale of the new bends and orefmred s'o-k
rtc-c-iWfi above
and applied to retire the above mentioned present
company

■

securities.

issue will

tve
be

interest on Fm new bonds/the dividend rate on'
stock, and the prices at which these socuri'ios w''l

yet finallv

(at

of

r/t,e
not

b^en

<

there fo'lows an esti¬

determined,

comparison of the yield hash to maturity of the present bond?
redemption price of llCrtijff. of principal) and.the vieldi ha is

mated

the
the

on

preferred
have

the

new

sold,

fhe"-)

preferred stock tat the redemption price of 3110 per
the estimated yield basis of the new toiids and preferred

present

with

stcck:

:'■•

;.a,:
.

.-a

■

'.

-

■'

-—-Basis of Yield

a'":'-

:

,

-

tDecr^o-e

"New

Present

be

—3.41'/

Bonds :

2.9T%

.50 %

5.91%

4.41%

1.50%

stock—_.

Preferred

■

m's
iReprese

"Approximate.

unit

savings to

company

ing Federal incofne and e j.cess profits taxes, i.e.,
4at.-the preferred stock.
the bonds and 25.3% as»

14.6%

before

deduct,-

savings

as

to

operation will involve substantial expenditures for
redemption
omniums in the retirement of the present bonds and
pmerred stock as we'l as for the expenses incident to is-.uing the
hew securities,
and oth.pr items.
However,, bamd on the company's
income fcr its last fiscal year and a continuation of the present tax
The

refunding

.

Period End. Nov. 30—
Gross

revenue

Operating expenses
Prov.

for

"

1944—Month—1943

deprec.

Provision

for

1944—12 Mos.—1943

x._
__

-

■;

$683,672

$652,991

$7,960,218

$7,154,456

425,922

365,555

4,383,957

3,766,175

59,767

___.

43,446

605.783

527,568

and

taxes

laws

of

93,108

124,990

.1,783.516

1/156,597

$104,875
54,959

$118,909

$1,204,1.17

52,835

$1,186,963
646,026

deductions—_

etc.,

$49 916

$66,074

$540,936

$551/56

14 286

171,438

652,280

Net Income
Divs.

on

pfd.

,

stock

14,288

171.438

Balance
—V.

161, p. 48.

$35,630

$51,788

$369,498

•■

1

3380,418

through

the

the

fiscal
of

n^t/'cost

the

ending Aug. 31, l^l, the greater part
refunding operation should he recovced hy

year

compahT through reduction of the company's '.liability %>r Federal
income and excets profits taxes during the period from Sept. 1, 1944,

the
to

Int.>

inconVe

lor estimated income and excess profits taxes, compared

47.

1,007,286

plan for refunding the following presently
outstanding securities by the Issuance of the following new securities,
and
thus
effect ; a
savings in interest and dividend charges and
increase the income applicable
to the common stock:
,

1941

1942

•

Nov.

148,163

Southwestern Tublic Service Co.—^Refunding

included approximately $800,000 representing back

pay for prior months on account
of $1,213,000 in November, 1944.

ry.

Net

1743.

r.ew

150.901

20,794,099

74,754

■I;

railway—^

from

from

Net

applied towards the retirement of
all the company's presently outstanding 6%%
preference shares.
Net
profits of the company, including refundable portion, of excess
profits tax. for 11 months ended Nov. 29. 1944, amounted to $1,646,443,
while,
excluding
refundable
portion,
such
profits
amounted
to
$1,191,243.
Dividend requirements on the new issue 0TMV2% preferred
will amount to $506,250 annually.—V. 161. p. 48.
the

116,688

21/52.064

•

While

of

11,669

1,883,327

Southern Ry.—-Earnings—

—V.

Stock Offered—Offering
made currently in the Canadian market of the
new
issue of $11,250,000 4V2% cumulative redeemable
preferred shares by a large group of investment dealers
headed by the Wood Gundy Corp., Ltd. Offering price
is $98.50 per share and accrued dividend.
Proceeds

10,407,320

11 744

at

From Jon, 1—

Ltd.—Preferred

Simpsons,

96,174,213

100,301,003

1945,

an

Net

to be taxed

$49,771

debentures,

p.

to

Trust—Earnings—

depreciation of securities, $150,776;

unrealized

$1,039,492—-V.

12,909.427

•■

•

Gross

$8,138;

accrued

6, jbh.UUJ

12,781,861

I 1,830.926

income

sinking fund.—V.

Gross

Assets—Securities, at quoted.market prices. $1,003,689; cash, $35,034;
interest receivable, $719; total, $1,029,492.

debentures,

7,531,671

1,065,734

165 Brcadway, New York, N. Y., will until noon
receive bids "for the sale to it of 1st ref. mtge;
amount suff'e'ent to exhaust the sum of $12,463 in the

28,

Net

,

1943

with

a

5,901,006

608,381

1,179,107

7,961,540

...■

Company has developed

the

alter expenses, interest, etc.

compare

224,374.103

695,166
■<

taxes

company,

Feb.

bonds

'

costing $1.154,465 had a market value on Nov.

$960,000;

6,954,403

Southern Pacific RR. Co.—Tenders

on

accrued

1952,

193.511 542

564,951

taxes.—

oper.

ry.

The

1488

Condensed

senior

19,854.357

641,117

*Eefore provision for interest charges on outstanding debt, or other
non-operating income items.—V. 161, p. 48.

$60,931

—.

"Income deficiency

value

15,757.931

November-

$48,997

172,770

1,763,401

"Net

the preceding

$61,419

securs—

loss L-

$1,063,689.

35,827,978

op.

tax

Miscellaneous

partial offset

a

1944

deficiency

Gross

fBal.

to

42,864,0d3

^
52,342.101 576,654,603 548,197.793
32,437,744 383,143,051 321,873,685

ry.

insur.

retire,

Federal

8,918,414

"",'

Ehawmut Bank Investment
9 Mos. End. Nov. 30—

amortization

Deducfs. from income—

14.0 8,2o5

1944, taxable profits
mately $157.o00 in
taxab'.d years 1942 and

-

211,320,715
68,890,805

1944—11 Mas.—1943 ;

1944—Month—1943

State, county & city tax

from

'

162,881,210 132,021,012
53,t22,510
67,236,518

taxes.

from

rev.

Federal

57,961,222

of approximately $730,000 in the aggre¬

"Regulated Investment Company."—V.

a.

36,001,661

51,585,959

portfolio securities in the amount of approxi¬

1944."

11,

139,059.288

Period End. Nov. 30—

Net

transactions of this nature during the period
from Jan. 1, 1939, to Dec. 11, 1944.
On Dec. 31, 1938, there was an
excess • of
$3,017,871 in the aggregate of realized losses on sales of
.investments,
profits distributions
and other
charges, over
capital
realized profits on the sales of investments.
This deficit was elimi¬
nated by a charge against paid-in surplus, which action was approved
bv the stockholders on April 3, R40.
Had that action not been taken,
the excess of realized losses on the'sales of investments, capital profits
distributions and other charges, over realized profits from the sales of
Investments
would
have, amounted
to
approximately $3,748,000 at
%

453,527,140 425,057,087 331,362,497

income..n

oper.

Ra.lway oper. expenses.

$5,622,455
1,133,483
610,679

27,

•

1941

—

of realized losses referred to in

of $70,000

1942

,

railway..;.—:,

'•^, •*

South Carolina Power Co.—Earnings—

$

9.77C.281

16,598

income

oper.

10,397,680
*6,862,763

ry.

1944.

$1,703,000.

paragraph resulted

'

1943

Railway oper. revenues.

1941

approx

the

$554,382

Earnings of Transportation System—

1944—11 Mos.—1943
$

Total

from

Net

is being

1944

railway

from

Gross

of

in

$612,219

' ,1944

railway

frcm

Net

gate of realized losses on the sale of investments, capital profits dis¬
tributions, and other charges, over pi'ofits realized on the sale of
investments.
At the close of business on Dec. 11, 1944, there was net

excess

-J

''

From Jan. 1—

Gross

Cost of the refi¬

I.i St. Louis-San Francisco Ry.—
''November-

were

412,296

$33,590

railway.....' $40,127,309 $40,859,755 $35,298,498 $20,015,945
railway.——i.
10.578,018
14,184,152
14,797,501
3,773,385
oper. inconie_A : 2,112,632
3,479,495
7,656,168 v 1,336,361

ry.

:

close of business on Dec. 11, 1944, after including the
capital profits
distribution
(15
cents per
share paid on

'

the first

incurred

Deo.

to

Carried forward and used as

profits realized in

Liabilities—Senior

•

1

412.29S

$116,302

lrom

Net

.

the

market

$6,000,000 Bonds—

Jan.

34,358

from

said in part as follows:

27',

$1,024,515

$67,948

'

rents (net)——_
Jt. facil. rents (net)

Inc.—Earnings

dated Dec,

investments

of

which losses can be

1943,

Dec.

sales

deductible

of

from

period

the

on

excess

the shareholders,

to

231,403

$9.6,678

"

Equip,

Selected American Shares,
A

2548.

p.

Net

2547.

p.

160,

Gross

to apply
weeks..

few

98,642,466
.245,634
27,316,352

129,408,643 125,476.185
from
56,116 ,M4 5:
railway—. _• 48,923,952
rv.
opex*.
income—
20,654,113
30,935,319

$1,193 037

259,633

Earnings of Company Only

expedited/it is

3,884,376
2,955,484 ?

—

$1,284,149

34,358
.•'•

Unemploy.

railway

$89,607

I;: 21,659

$150,660

Nnvember—1•

>

1942

1,805,110

2.543,247

stock

pid.

on

Date

1943

income..

2,432,850

Southern Pacific Co.—Earnings—

remaining

$11,432,047 $11,324,845 $10,784,596

railwiya—.

$6,000,000 issue of new bonds to redeem current outstanding first

mortgage 5%
the

1944—11 Mos.—1943

$54,110

be

the

to

Year

and

1944

■

oper.

Securities

$117,398

To Issue
A

,11944—Month—1943

'

■

.•^-V.

■>??'/&

November

219,605

19,503

income

Dividends

Balance

From January 1—

Net

ciigs.

taxes

• •• -

expected

next

may

"that

railway*^-—-

from

Net

Loss

St. Louis Public Service Co.—Earnings—

Net

v

.

:

If

"The

Power Co.—Calls

:

.

are

the

plan

7'53.456

132,193

income

Gross

.

mately

4Va%

.

within

the

emphasized,

committee

—V.

called

been

mortgage

of

consummation

the

unrealized appreciation on

first

decree

foreclosure

a

that

for redemption on Feb. 2, next*',$117,000
sinking fund bonds, due 1979, through opera¬
tion of the sinking fund, at 103 and interest.
Payment will be made
at the New York
Trust Co., trustee, 100 Broadway, New York, N. Y.
have

There

of

:

issues

739 435

Interest, etc., deductions

out¬
standing securities be deposited promptly" with Chemical Bank &
Trust Co., New York;: First National Bank, Chicago; Mercantile Trust
Co., Baltimore; Girard Trust Co., Philadelphia; or Old Colonv Trust
Co.,) Boston,
appointed as depositaries
by the committee.—V.
160,

,:"At

Safe Harbor Water Power Corp.—Partial

•«

63,741

;L

acceptance

upon

various bond

/

railway's

courts .for

"In

followed

said,

2,721,630

61,081

and

Provision for taxes.'—

Operative—

Ry.—Plan -Declared

committee

company.

important,"

to

-

tpe

Trustees of the

...

"During

2547.

p.

action,

solvent

$288,279
17,154
854

income—;

oper.

ry.

f-V.

$367,318
73,904
64,542

4,718,964

railway—

railway...

Net .-from
Net

32,701

Line

$7 229,431

3,089,397

$170,170

depreel

.

of the
plan by holders of more than 66% % of Seaboard securities outstand¬
ing in the hands-of. the public which have been called for deposit
under the plan.
Deposit of the remaining securities, it was indicated,
will
accelerate
termination
of
the
long
receivership,
the return of
the properties of the railway to private management from the court
jurisdiction under which they have been operated since 1930, and
the receipt by
security holders of securities^ in a reorganized and
This

January 1—

from

Gross

$426,201
55,596

9,345

—

income

oper.

,

$622,603
249,652

$7,545,'..90

272,954

$.33,389

ex jenses

for

Prov.

t.

Mos,—1943.

1944—12

1944—Mont.x—1543

—

revenue

Cperatlng

making a further important step- toward consummation
of the company's reorganization.
I -V

l%';.| 1941

$440,372
41,833

from

Net

.1942

Per od End. Nov. 30

-

declared the

Net

I

2189.

p.

reorganization committee announced Jan. 3 that it
plan of reorganization operative, thus

The
has

—V.

1943

1944

160,

aboVe.

& Power Co.

Air

Seaboard

Net

Rutland RR.—Earnings-

above.—V.

Co.

Power

amort.zation

Gross

November—

&

Gross

Gross

From January 1—
Gross

Gas

Southern Indiana Gas & Electric Co. -Earnings—

Savannah-St. Augustine Gas Co.—Acquisition—

p.

$2,883,885

railway——

from

Gross

and will cease to bear interest on

be made,

American

See

Properties—

An"

from

new

1946.

bends

due to special non-recurring tax

will

comprre

a

new

series

deductions resulting

issued

und-w

ihe

indenture, and thrrefcre. the issuance of
bonds^does not require any action by stockholders,
'. .

pany's
new

31.

t^e refunding.

The

pr

went

bond

com¬

the

amendment of the company's charter h re^es-ary.
1o create the new i*sue of preferred stock.
Under the lows of New
Mexico, in which state company, is incorporated, the affirmative vote'
However,

an

of two-thirds of the common stock will be required to
charter amendment effective.
:
•
Tlvis amendment will be submitted- to; stockholders
-meeting
which has been called for Jan. 9, 1945, at the same time as the
annual meeting of stockholders,. : '"ik :y"
"
While it is not proposed to issue any. additional shares of common
holders

of

the

make

with the refunding, the authorized shares of com¬
increased'so that suffcient shares, will be avail¬
to finance any major property acquisitions■ which •

in connection

stock

stock

mon

issuance

for

able

below

the

on

stock

common

rebooted

were

t_

aCh

.

25%

the

of

judgment

affect

the

the

the

regular quarterly rate.

present

-

Statistical

information

fiscal

.

Normal
,

sold-.,—

Kilowatt hours
M.C.F.

of

Of ice

2,322,340

-

™.:

";v,

___

Water

™

Dining

Progress
round

of each

of

the

two fiscal

first

Serial

notes

__™_™_.

A™.:

Common

stock

Common

stock equity

Car:h

equity,.

U.

(incl.

ratio.™."..

eonlract

securities

the

/

securities)-

Govt,

S.

Expansion—The
of

_

for

Electric

30,

Dec.

on

from

v

Net

7,906
5,934

23.4%

Net

was

Net

ry.

in

despite

and

progress

difficulty

the

The

of

orders

the

plan

dated

Commission

the

approving

July

1.942,

8,

$2,073,945

$1,169,037

1,194,717

of

subsidiaries

operating

in

iary,

3,

it sold its interest in its

1944.

894,041

23.764,203

21,775,026

17,979,566

12,041,594

7,654,293

10,130,128

9,127,405

4,726,141

3,770,775

4,918,820

6,503,665

;

1943

1944

..

1941?

1942

♦34,889

railway—4,853,393

3,931,491

2,418,996

1,632,141

1,982,203

1,714,065

781,118

215,133

1,062,391

363,181

♦166,463

Sterling Drug» Inc.—Transfer Effected—New

Net

from

from

55.250

49,419

40,073

38,622

2,136,479

1,850,219

1,567,099

1,272.094

781,853

160,

828,699

377,112

income..

519,596

2584.

p.

>

Net ry.

$378,733
90.224

$392,943

20,356

income." "

1,576

1—

railway™

oper. •

ry.

;

/

1943

'

5,180,605

Gulf

As

•

result

a

and

Gross

from

251,633

1944,

5,

ceased to be a
Commission
issued
an

the

the Public Utility Holding Company
order company is still
required

from

under

.

ry.

—V.

railway

123,119,310 121,146,705

91,184,693

54,243,233

61,461,618

43,871,795

13,749,331

11,892,072

23,079,731

22,206,973

11,793,261

income...

oper.

160.

2445.

P.

>

.

Co.—Listing of Additional Convertible Pre¬

Stock—
York

New

.

~

Stock

Exchange

has

"
Louis A. Hoffman, President of Hilton-Davis since April, 1942, has
been elected a Vice-President of Sterling Drug, Inc., according to Mr.
Hill, who said the new Hilton-Davis Chemical Company Division would
continue all policies of the company now dissolved, that the personnel
would
remain
unchanged, and
that plans had been completed for
aggressive promotion of the chemicals and dyestuffs manufactured in
'the Cincinnati plant.
■?/ ;.:iv:
!;- ;
"Export possibilities in particular will be immediately broadened
through facilities in other countries already established by Sterling
of Sterling.

shares

;

Drug,"
The

of

shares

of

convertible

obtaining

additional

preferred

working

Jacksonville

and

Texas

is anticipated

due

it

and

to

well

continue

will

Total

expenses.™,.

as

atabrine

the anti¬
royalty-free license

powder,

under

a

oper.

Net

$8,536,092

1,217,396

6,611,464

5,893,280

$356,518

$358,801

$1,924,628

$2,167,088

revenues...

oper.

178,668
*

" •?•?•

.'

-ui■1

Operating income
Non-operating
Gross

income™

The

the

required

proceeds

bond

of

trustee

against,
of

realized

subsidiaries

as

2,945

16,743

$178,481

$1,000,060

171,357

174,822

857,619

886,973

$9,914

$3,659

$142,441

$354,979

its

of

additions

net

these

at

may

securities

its

to

have

the .company's

properties

been

option

Consolidated

or

applied

to

Jthq

Bids

Statement, Years

Ended

Aug.

2548.

p.'

will

N.

be

Y.,

received

to

up

12

at

Room

o'clock

7th

A,

Taxes other

Provision

515,120
To<~q

income__

-"income ""™_™_™____™„___";,
than on income..™,..™"

for

retirement

and

amortization

1943

"'

-

752,339

plant and equipment.."."..*.""
for amortization of franchises™

income

Gross

•

Total

income

Net
Divs.

income

share

11/19

895,729

.

.:.

$3,170,937

385,547'"" 530,066
'$3,617,622-

$3,701,004

1,704,914

-

________

6V2%

on

pfd.

cum.

stock

pe»

Net income applicable to common stock

1,094,065

$2,606,938

382,271

386.945

$1,470,436

Balance Sheet, Aug.
Assets—Fixed

$2,443,785;

U.

assets',; $39,270,179;

S.

Govt

securities

$2,219,993

31, 1944

'*

special deposits, $4,876,856; cash
(at cost), $1,071,000; warrants re¬

ceivable, $2,435; interest receivable, $6,573; accounts receivable, $919,140; reserve for doubtful: accounts receivable, Cr$75,860; inventories,
$*36,308; prepaid insurance, taxes and other expenses,. $96,694; de¬
ferred

charges,

$157,578; ^capital stock

expense,

$1C5,936;

total

$49-

'

31P/T2

Liabilities—e1""

war

cumulative

preferred

stock'

plant

$14,373,861

and

for

on

($100 'par),$5,831,100;

stock
($1 par), $644,720; premium on common stock, $658.630; long-term debt. $22,323,003; accounts payable,. $264,399" dutstanding ice coupons, $3,625;
accrued interest,
$326,316;
accrued
taxes,-

1

included
to

as

$1,524,170
636,460
$1.20

for depreciation and amortization for the
deductions in'the above profit and loss summary

debt

due

within

current

one

year,

and

accrued

liabilities,

$118,055;

$237,417; preferred stock

long-term

dividends accrued,

*" c!fl',1ar?,d) $31,585; consumers' deposits, $531,365; deferred credit,,

$707,676;
and

reserve

equipment,

$26,425;

reserve

for

retirement

$7,264,983:
for

possible

and

reserve

losses




amortization
for

011

of

amortisation

sales

of

property,
of

plant

frnneb'"es,

properties" and

other

Lives and Granting
Annuities, corporate trustee,
Sts., Philadelphia, Pa. •
obtain immediately the full
redemption price,
plus
interest to Jan.
27, 1945, upon presentation and surrender

accrued
said

on

Chestnut
may

bonds.—V.

161,

49.

p.

Toledo Peoria & Western RR.—Earnings—
November—

".

1944

from

Net

ry.

(less

reserve

Sept.

30,

Gross

from

227,382

121,776

187,14.3

182,495

158,458

41,586

4,393,584

2,874,002

2,614,414

from

Net

ry.

—V;

2,507,156

1,192,053

2,173,113

869,307

railway...2.735,307
income..

oper.

160, p.

2,215,709

U,103,586

V384^8G

?'

244§.

Union Pacific RR.
(Excluding

(and Leased Lines)—Earnings—

offsetting

accounts

between

the

1944—Month—1943
(j»-

.

companies)

1944—11 Mos,—,1943

$

$

oper.

revenues

43,984,811

43,046,415

458,702,389 435,048,435

bonds, at cost, $242 500; accounts and notes receivable,
for doubtful accounts, allowances and discounts of $563,-

oper.

expenses

25,537,776

30,586,600

288,235,209 271,881,790

fm; ry. oper.

13,447,035

12,459,815

170,467,180

163,166,645

13,990,361

8,930,170

124,310,459

113,260,213

1,364.043

1,057,825

11,951,689

12.019,585

3,092,631

2,421,820

34,205,032

37,886,847

1,705,418

2,247,595

15,068,829

15.954,908

4,798,049

4,669.415

49.273,861

53.841,795

1,313,696

1,135,159

13,216,921

12.925.525

3,484,353

3,534,256

36,056,940

40,916,230

12,000,000

6,700,000

103,000,000

92.200.090

inventories, $7,239,080; working fund advanced under
(per contra). $1,000,000; investment and advances,
$2,989,584; supplies and prepaid expenses, $589,275; plant and equip¬
ment
(less reserves for depreciation and amortization of $9,663,907"
$5,-795,042; patents, licenses and good-will, $1; total, $39,458,707.
fee

contract

liabilities, $11,586,225:
provision for Federal and other income taxes and for adustment and
termination of war contracts
(less U. S. Treasury notes, tax series,
to
be applied
in payment thereof, $19,888,080), $1,988,406; liability
for working fund advanced under contract-"(per contra), $1,000,000;
reserve for post-war plant rehabilitation and for contingencies arising
out of war conditions, $3,250 000;
reserve for possible loss on patent
payr.b'e

and

other

litigation.

$300,000;

Net

reserve

for

Refunding and Improvement Mortgage

Net

Stock

Exchange

has

inc.

portation
Inc.

for

Total

Fixtd

opers.

investments

income

&

other

income

Net

trans¬

from

sources

...

charges.
from

exc.

160, p.

all

...

•Includes Federal
&

<fc

inc.

taxes

prof,

2445.

Louis—Listing of

4% Bonds—

listing, of
$7.S6O.0fQ refunding and improvement mortgage 4%
bonds, series C,
.t-'1v 1, PG19.
All nf said bonds have been issued and are out¬
standing in the hands of the public, though $360,550 of the bonds are
now held
by Central Hanover Bank & Trust Co., New York, and will
York

& jt. facil. rents

(net)

-V.

Terminal Railroad Association of St.

rev,

♦Taxes

Equip.

accrued

product guarantee,
$546,614; reserve for possib'e loss on repossessions, $26,180; capital*'
stock (1,300 582 shares at $5), $6,502,910; capital surplus, $6,244,447;
earned surp'us.
$8,152,235; treasury stock (27.662 shares at $5 per.
share), Dr$138,310; total, $39,458,707.—V. 160, p. 2008.

New

188,083

Railway

fixed

The

216,320

4,810,893

railway....

1944

$7,887,361;

and

$251,603

Railway

in banks and on hand. $13,715,864;

299),

claims

1941

$350,875

U. S. and Canadkxn

Asscts—Cash

Government

Sheet,

\ ,/

,

1942

$403,079

income..

oper.

1943

$441,965

Period End. Nov. 30—
Balance

common

$1,256,577;' -other

and

$2,290,120.
Consolidated

;

From January 1—

750,000

capital stock.—

15.

;

railway......
Net from railway™.

con¬

•„

Jan.

on

Eonds—

Insurances

Holders

Gross

12,099,691

rehabilitation

————•

Liabilities—Accounts

•

—

includ. prov.
contracts, less

Note—The total provisions

period

amounted

5^225

™_____™—$1,852,703:
accrd.

of

surplus

Earn.

682,972

$3,232,075*

_™™_™™™______™____™L™

deductions™.™

paid and

termination

post-war

171 600

4,868

:—

income

—__—

income taxes,

Broadway" New

Time,

the outstanding 1st mtge. 5%
gold bonds, series A, due Feb.
have been called for redemption on Jan. 27. 1945, at 104 and
Payment will be made at the office of the Pennsylvania Company

Net

Balance

■

Other

and

other

paid

977,398

?

—

for

Dividends

of

property,

Operating income

$14,021,037
352,824

.

tingencies arising out of war conditions.—

393,381

'

Provision

4,031,468

165

War

of

15th

$18,052,505

—_______

(net)

adustment

for

3,148,705

'
.7"

487,349

_™„

1944

floor,

Eastern

noon,

1979,

for

30,

$8,482,569

.

_•

on

Sept.

Months Ended

before income taxes—______

Profit

Provision

"

v-

Operating revenues
$9,639,769.
Operating and general expenses...;™.™3,662.662
Federal taxes

operations

income

Provision for Federal and

?\

1944

•

_

f)

pcst-iyar refund of excess profits taxes

Income
*

F-'nte tpV'-s

Other

retirement
y

15,274

X

Calls 5%
All

of
Profit from

"■■■■■

Maintenance

Statement,

profit on sales..
Administrative, sales and service expenses™—™——

deposited with the
be withdrawn

bonds.

Income

Gross

either

/

$1,241,953

1945.

int.

(& Subs.)—Earnings—

Stewart-Warner Corp.

by

sale

and

Thompson,

F,

the

group
properties
in
East
Central
that these properties will be disposed of in

from

——

is inviting bids, (a) for the purchase as a whole from
$4,500,000 first mortage bonds series due 1975 and, (b) for the
as
a
whole from it of $1,000,000 sinking fund debentures,
1955.
The interest rates are to be specified in the bids.

due

1,

has

940,409
—

$1,226,679

Tide Water Power Co.—Bids Requested—
of

York,

said.

Jr., and George W. Nieder, Vice-Presidents of
Hilton-Davis, remain as Divisional Vice-Presidents of Sterling Drug.
Carl W. Aneshanse, Treasurer, and Donald F. Walker, Secretary, be¬
come Divisional Treasurer and Secretary, respectively.—V. 160, p. 2548.

the
sale
of
the
Arizona,«Arkansas and
been
applied to retire serial notes of com¬
the note indenture.
The
securities; of Gulf
Public
Service
Co,
were
pledged under the • indenture securing this
company's first mortgage and collateral trust bonds and accordingly
pany

;>

$983,317

Company
it

Hill

~

cash

Florida

941,311

■■■

$175,537

3,421

income

160,

$8,060,367

$181,271

income

;

—V.

183,265

i-j; 1

$177,851

...

Deductions
Net

1944—5 Mos.—1943

$1,576,197

1,339,988

purchase

.

Marlin-Mexia

course.

funds

$1,696,506

Taxes

atabrlnej

manufacture

to

li

How¬

of

dispose

listing of

(par

and

1944— Month—1943

revenues...

up
gucuutai
granted by Winthrop Chemical a-/'
Co., a Sterling affiliate.
Further
expansion of Sterling
ng'^f^i^taN^or research in and manufacture of
made possible by
the transfer, Mr.
chemotherapeutic dl

'exempting
1935.

the

stock

capital

(Railway and bus operations)

Total ...oper.

•

division

as

""

Period End. Nov. 30—

declared.

Hill

Mr.
new

malarial,

its

horflfTflpJompony,
order

authorized

1,896
$10)" for the
for plant
expansion, making the total amount applied for 30,867 shares. /
? "•.
Company has entered into an arrangement with Blyth & Co., Inc.,
New York, under which the company sold to Blyth & Co., Inc., the
additional shares which were offered to the public by Blyth & Co., Inc.,
at $52.50 per share.
Net proceeds to be realized by the company is $50
per share, or a total of $94,800,—V. 160, p. 2795.
;;
additional

purpose

'

Hilton-Davis
Chemical Company
Division was announced by James Hill, Jr., President, in Cincinnati,
Ohio,, on Jan. 2.'when the $3,000,000 transfer of the Ohio manufac¬
turers of chemicals and dyes to Sterling became effective, according
to vote of the Hilton-Davis stockholders'
meeting last Nov. 16.
The
transaction involved an exchange of stock on the basis of 3 V* shares
of
Hilton-Davis for one share of Sterling, or approximately 45,000

James

Act of

this

ever.

1,617,600
970.703

railway: 54.452,629

from

Net

corporation's

the

of

Formation

"

company

1941

$5,471,730

5,727,169
3,507,839

Third Avenue Transit Corp.—Earnings—
v

last and principal

Co.

Service

of these sales

D;c.

on

company

Public

1942

5,664,294
1,679,508

r

...

subsidiary,

464,604

314,748

.

$11,458,374 $11,482,013 $10,544,574

income

oper.

From Jan. 1—

599,037

437,337

'"

RR.—Earnings-r-

1944

railway

railway™..™

Officials

from

1941

$128,190

57.374

railway

♦Deficit.—V.

The

73,789

from

1942

$139,856

74,007

♦51,700

1—
railway™™

Thermoid

railway.™.

oper.

1943

$163,194

*11,361

2,802,077

income—
2654.

income—
988,573
♦Deficit.—V. 160, p. 2444.

14,

and

Arizona

1944

$144,061

income"

oper.,

Net

8,666

Net

subsidiary during its first fiscal year ended Aug. 31. 1943.
following fiscal year company disposed of its Florida ice subsid¬

and on Aug.

; 147,589

income—

From January

Arkansas
In the

422,526

175,581

65,685

Net

of

four

the

ry.

384,640

railway

from

Gross

,

disposed

from

Net

of a

Sept.

n

railway

from

Gross

"1941

698,719

from

Net- ry.

integration and simplification of the
system
wh'eh was consummated on Sept.
17, 1942 (effective as of
Sept. 1, 1942)
required the company to dispose of all of 'its subsid¬
iaries. and certain of Us properties.
Pursuant to these orders com¬
pany

Ry.—Earnings-

$138,435

Net

of

and

Ry.—Earnings—
'

•

railway

191,952

' $255,097
113,493

Gross

Holding Company Act on Dec. 1, 1935, when that Act became effective.
During 1941
and
1942, various properties and subsidiaries of the
system companies were disposed of pursuant to order oF the SEC.
1942,

379,957

268,461

$2,044,456

November—•

Exemption from Holding Company Act—The predecessors of company
Fegisteredi with the SEC as holding companies under the Public Utility

<

292,871

798.353

p.

715,585
377,262

From January
Gross

ferred

but
reaching
an
agreement on price, with tax liability an important "actor, the
management is still hopeful that continued negotiations will result
In
substantial
acquisitions on a favorable basis.
Company 13 now
in a position to finance such acquisitions at a relatively low cost and
jits credit should be further improved upon completion of the refunding
program mentioned below.:' Expansion of its present system, through '
the acquisition of properties from non-affiliated interests, to replace
properties disposed of, will continue to receive the attention of the
management.
*
'
"
'
still

743,206

'

Staten Island Rapid Transit Ry.—Earnings—

1943,

year negotiations were initiated for the. purchase
major properties.
Some of these negotiations failed

of

878,532

$2,192,635,

oper.

—V. ,160.

com¬

" During the
are

54,940
.1,502,053

railway.!—

railway

from

2,690.755

948,676
456,885

concession to recognized dealers of 75 cents
lbu, p. 2'dzo.

ry.,. oper.

$500,000

Co.

Water

from

Net

11,925

From Jan. 1—

Net

3,663,649

766,054

a

snare—v.

a

21,887

railway.—™

railway

4,461.051

4,459,951

"1,062,599" 1,458,427

Gulf Sulphur Co.—Secondary Offering—Blyth
Co., Inc., offered as a secondary distribution Dec. 27
block of 5,000 common shares (no par) at $35V2 per

$78,396

1942

from

44,969 ,"

Texas

from

1943

oper.

ry.

GroiiS

$3,515,000

$3,264,000

approximately

and

railway....?
railway-/"-"?

Net

1944

from

from

21.023
*3,207

67,708

oper.

Texas & New Orleans

November—..
Gross

$244,197

10,9,358

>■'

November—

5.831,000
9,615,000
25.5%,.

9,109,000

"21,004

1941

1942

$358,487

139,914

5,212 •

income.—
391.431
♦Deficit.—V. 160. p. 2444.

"I!

2444.

p.

1943

$450,083/?

$320,379

••

-

MV"

Ry.—Earnings—

income—!

$194,425
117,732

'.-.747,711

Spokane Portland & Seattle

table shows (in
1942' and as of

5,916,000^

income™

oper.

ry.

—V., 160,

■>.,?

;

Central

from

Net

railway™™™

solely for the acquisition of the remaining
of the Bridge, and Tunnel. companies.

1944

1941

1942

1.813,860

1,933,907
615,119
v. 220,194

below:

exchanged for shares of stocks in
Railroad of St. Louis, under the

Stocks

railway

oper.

ry.

Gross

18,741 >

23,315

"

income

used

Texas Mexican

"$141,019
19418

$208,681
85,746

railway™—

from

,

others

tAfter

be

Tunnel

1944 and $158,000 in 1943..

1943

1944

railway-™—

oper.

ry.

Net

'

number

&

From January 1—

of

part

$634,585
$1.94

to

and

railway:"."™

Net from

.

•

railway

from

from

Net

Gross

these properties were previously interconnected with
company's electric system.
,
In April, 1344, the company acquired at a cost of approximately
$57,000, electric,
water and
ice properties serving communities in
Morton County, Kan.
These communities were already interconnected
with
company's electric system.
greater

Net

,,

immediately after which that company was
liquidated and Southwestern thereby acquired all of its properties
and assets,
consisting- of electric and water properties in Oklahoma
in
territories
adjoining those already served by the .company.
The
pleted

in

sale

shares-of

From Jan. 1—

Net

1943.

and $6,917 in

1944
$252,000 in

of $23,373

post-war refund of
p.
48.

161,

Gross

Net

$1,710,000

acquire

to

Oklahoma

of

paid

November—

years:

6,000,000'
7,186,000
18.3%

;__™,

such

from

from

Net ry,

!"'

1,423,000

$665,515
.$2.04

——

issued

November—

Net

250,000

,

share.

exchanged for shares of stocks described
Co.

160, p. 2444-.

November—

Aug. 31, '43 Aug. 31, '44
$6,090,000
$5.171,C00
$2,528,000

stock

interest

deducting

Sept. 1, '42
.Preferred

of

outstanding

a

—V.

74,213'/
.

proceeds

share, with

t After

'

*

*

7,877

.

Year—The following
items as of Sept. 1,

Fiscal

following

the

figures i

end

L.

.

the

-

-

81,798-8,376

.™

for

tion and amortization.

36,751

_

customers:

of

Numbers

.

common

227,000

:

be

offer, dated June 1, 1944, to the .stockholders of the
Tunnel companies,
Any balance of series C bonds not
such exchange is to be sold on the open market and the

an

and

deducting provision for renegotiation of war business and
manufacturing charges including maintenance but exclusive of deprecia¬

2,008,239
620,154'

■

of

Gross

V

'2,270,000

Spokane International RR.—Earnings—

water sold™_-"u_"A.™~U-'—738,887->-'
Sold™..™
42,497

Electric

profit
per

57R445

.

♦After

31: ?""'
1944
r
1943
,
514,0'i4,u59 43-3,641,209 "

____„_™™™™_

sold"A™_™;„ ™__2

gas

M. gallons of

Tons

Not
Earn,

641,443
230 000:

and surtax""'"'""":":.
tax".-"^"""."-""contingencies—i"""

for

3 557

.

»

■

war

income

Pro vision

,

::?

of

iEx.cess profits'

ended Aug,

years

$2,859,587

plant facilities™,_______
Provision for Federal taxes ttn income (est.)-

Report for Fiscal Year Ended Aug. 31, 1944—

Annual

terms

required

—V.

time

bonds were

C

Louis Bridge

Bridge,

$2,775,490
Cr84,097

plants"""""^""""""

Expense of idle-

the new restriction should not
continue the payment of dividends

to

4
—if,-'-"—.244, $3,986,664
and other income.
70,294

income

Amortization

management,

ability

company's

Series

Tennessee

$4,056,958

—

time to

from

the St.

Gross

this restriction, in view c-f the fact that "the board
by
re solution
Undertaken that the supplemental
indenture providing for the issuance of the new bonds will contain
a
covenant to the effect that the company will no" pay' common
Stock dividends except out of the sum of
(1) undistributed earned
surplus accumulated subsequent to Nov. 30, 1944, and' 42)
earned
surplus accumulated prior thereto to
the extent of $1,01/0,009., It
the
board
of
directors
so
advises the
stockholders,
the
proposed
charter amendment
will contain a similar
dividend restriction.
In

nil

149,808

553,623
149,979

Total

emption rescinded
of
directors
has

-the

$3,479,093

Operating profit

«/

mnuum

without reducing the ratio of the commoh stock equity
of the company's total capitalization.
The order of ex¬

paid

be

,

635,552

from

t Discount on purchases, int.

.

could

",
operations™,.
;_™_™_™
and general expenses..—__

1943

$4,772,024

is -estimated that the

dividends

at

Three Months Ended Nov. 30t—

1944

Depreciation of plant and equipment™.

the company in the future,
•?'
refunding operatioir w'ill result'in Substantial
savings' to the company and consequent benefit to the common stock¬
holders.
In addition to these savings, the refunding program should
improve the company's financial position and credit and: will also
increase the common stock equity ratio.
/
: "?,'?
Frior to issuance by the SEC on Dec. 5, 1944, of its order exempting
the company from the PublicUtility Holding Company Act of 1935,

it,

Spiccr Manufacturing Corp. (& Subs.)—Earnings♦Profit

be made by

may

$5,829,964;
654.

capital surplus,
622.—V. 160, p.

Administrative

be

to

are

contributions in aid of construction, $163,957;
earned surplus, $2,481,846; total, $49,310,"
?""""'■"

$608,900;

contingencies,

147

FINANCIAL CHRONICLE

THE COMMERCIAL &

Number 4349

161

Volume

authorized'

the

Transcontinental

Western

&

Air,

Inc.—Interchange

Agreement—
See

Chicago & Southern Air Lines, Inc., above.-

Changes in Personnel of TACA Airways, S. A.—
Lowell

Yerex,

President

of

TACA

Airways,

S.

A.,

on

Jan.

3

an-

nounced

and prepare the company

management

'

John

of 42,520 shares (par 84,252,0001,
Philadelphia Baltimore & Washington RR.

sisting

has been

of TWA,
S. A.

Lockhart, former Secretary-Treasurer
Vice-President of TACA Airways,

M.

elected

Executive

Vice-President-Transportation was elected
Don R. Eldridge,
formerly Operations Staff Superintendent of TWA.
Mr. Yerex also announced the promotion of Erie M. Constable, for¬
mer Assistant Treasurer, to the position of Treasurer.—V. 160, p. 2445.
the

To

of

position

new

and

the

fill

died

occasioned by the death of Sydney Towell. 'who
Mr. Henderson has been active in the linaucial
the corporation since 1926.
Jenkins, Secretary of the corporation, has been elected a
fill the vacancy on the hoard.—V. 160, p. 2584.
.

affairs

of
A.

Felix

director

to

1944.

9.

Vice-Presidents—

Securities Corp.—New Asst.

Union

Net

Reservation

stock

of

Co.

above

tne

ot

York,
held a

New

company,

as

*

*

•

'

November—

Net

ry.

F

From January

Net

railway———

from

Net

rv.

—V.

income

oper.

160, p.

2446.

.

$87,495

1,226,703
296,885
155,571

817,557
134,552
58,146

1,289,022
280,422
127,826

1,203,653
213,130
124,734

'

F

per

share—,-

200,000

shares of

"Earnings

Co.,
madejat

"On

facil.

$553,614

$6,013,677
Cr459,576

Brl63,508

Net

ry.

$602,252

$587,323

$6,309,745

Net

16,869

318,710

Gross

$634,716

$604,192

$6,628,455

.268,365

2,972,318

3,015,215

$364,525

$335,827

$3,656,137

$4,481,098

;

ry,.

.

27,036,248

11,300.133

income...
2584.

6,571,110

6,853,210

**'■

defense

13.807,599
7,799,946

Net

"ry.

income..

oper.

F From January

1—

;

/

2^et

$7,998,037

$7,533,031

160,

3,323,413

3,404,315

901,774

1,410,346

1,479,191
887,728

87,549,507

71,631,364

Net

37,393,974

Net

8,267.600

10,778,172

The

"'

'•fi2;Months
Operating
Operation

of

-

-

conditions

war

__

..

'1

revenues—FF————-

hNejt(: operating;

189,875

837,870

Vice-President

8G2.910

of

A.

$2,331,773

$2,256,207
Drl9,192

20.472

$2,237,015

income

and

$2,352,245

926,101

—

_

926,748

deductions.—-.^——:

other

Mormon

Dividends

$1,310,914

preferred

on

stock

_

423,463

.

C.

■

Hagerty,
C.

.{

160,

$1,002,029

$840,899

Ealance

2584.

p.

-

.

•

.

"F F

F-

.

-

years
Sidney M.

Can

J.

Co.;

.

F

•

York

Corporation;

Credit

Treasurer

the

E.

are

G.

Robert

E.

and

Bank

rfe guaranteed by endorsement by the Philadelphia,

Baltimore & Washington RH. and the Baltimore & Ohio

mu
"
v
•
:
'
^Associated with Dillon, Read & Co. in the underwrit¬
■

Co.;"Hemphill,
• - : '

ing ♦ syndicate

are: Goldman, Sachs &
Noyes & Co. and W. C. La$gley & Co.

Assets

F

Foundation

James

of New

U.

issue'

awarded

was

cn

a,,

bid

of

Six

100.81.

other

bids

were

First Boston'.Corp. bid 100.2297 for 25/8s; and
Central, Republic Co. bid- 100.03$ for a similar coupon;
, An investmAft banking group led jointly' "by Harriman Ripley & Co. and Alex.
&&&& 'tot. lho . issue.

Erewn

&

If) 1.444

Sons

for

a

bid

102.05

similar

for

coupon,

and

Kuhn, Locb

Halsey-Stuart & Co.,

& Co. bid

Inc.,

101.07,

FFFF'FF'vFfFfF ;:';;F-- "FF FF-F;

:++§•) Tor 23-4S. : ■:
BDatVd

23-»% "coupon.

a

bonds in $1,000 defully registered bonds in
dgmnrunations of $1,000. $5,000, or any multiple of $5,000; coupon and
metered bends interchangeable. • Interest payable Feb. 1 and Aug. 1.
Redeemable at option of company, as a whole, or in part other than
for sinking fund purposes in amounts not less than $500,000, principal
-

Feb.

bmHnation.

1.

1945;

due Feb,. 1.

registerable

as

Coupon

1970.

to principal,

and

interest

date

thereafter

to

and

including Feb,

thereof

between

the

redemption

date and

Aug.. 1,

1969,

or

on

Aug.

1,

at principal amount, in each case with accrued interest to the
redemption date.
A sinking fund of $440,000 per annum will be pro¬

to the purchase or redemption of series A bonds.:
Bends'will be redeemable for the sinking fund upon 45 days' previoushp tici- 6n Feb. 1. 1946. and on anv Feb; 1 thereafter to and including

;"

Feb:.}'It 1950, at 102 Mi % "or, the initial public-offering price, whichever
higher, and on any Feb. 1 thereafter at.'principal amount plus- a-

to-.the payment at-maturity of'
the first mortgage gold bonds of the Terminal Co., due Feb. 1, 1945.
Pw-nase—Proceeds

"'ill-be




applied

for

$3,684,229 in

fFFF;F:F

3,556.351
15,547,057

12.806,522

15,169)584

...—2.957,064

7,647.799

7.472,430
971,107

7,573.760

^

'

—

——

755,636

702,791

756,451
1.896,000

h

359,643
F' 32 245

re,c^ivablft r.nd investment--—16,693

41,751

Sundry

lease, to war industry

---A.

Total

$72,513,338 $66,010,761

—

Liabilities—
Accounts

for Federal

$8,734,174
3.503 335

deposits, sundry payables, etc

claims

officer
for guarantee and

$7,982,788
3.503 256

30,569,571
1,439.612
27,348
312

income taxes——

for workmen's compensation

Reserve

F

'

payable, trade..———
payroll, taxes, etc. — ——

Liability
Due

%

of, excess profits tax,

23.616,121
3,647 852
29,826
■
' —.

296,701
5,779,534

439,518

policy adjustments. F

by U. S. and Canad. Govts, on contr.
100.000
war-time and other contingencies—.; 10,386,442

6.363 407

Reserve for
6%,

for

cumul.

conv.

Common stcck

preferred stock
$!)——%.

1,955,760
2,184 238

9,444.932
4,344,522
1.271.300
treasury.—Dr64,975
.

preferred shares held

of

—

10 595 666

Capital surplus
Operating-surplus
Cost

——,

2 372,839

(par $10)

(par

in

'

FFFFFFF-'FF'V>

7,111.022
16,651,078

——

etc.—4,412,401
Long-term note Irefceivable (includ. interestt379,389
Deposit in Canadi+th) bank—%
23,914
Prst-war credit

Customers*

company

$9,785,262
2.889.221

equipment

and

charges ,+P+v—
+Real estate, etc.,r i^i)der

Accrued

Corp.—Suit to Bar Stock Transfer

1943

$18,910,294
98.632

•

———u

—

plant

1944

1

contr.j

war

securities

Deferred

and

to

asked

was

restrain

securities by Guaranty Trust Co.,

distribution

Such

was

new

Western

/Total

Guaranty.
in

tile

$2,795,616

is returnable

1944

1944.

the

action

is

the

claim

of

the stockholders that

The

from

other

companies

James

•

claim

collateral.

The

seek

of the collateral to

return

stockholders

such

November—

from

Net

from

Net

ry.

1944

%

1942

1943

food

$423,974

216,656

51,242

106,450

railway.—..

5,128 806

4,892,030

3,932,615

'

railway——

1,859,598

2,097,219

1,731,396

488,895

613,125

867,595

297.426

,

from

Net' from
Net

ry.

oper,

—V, 160.

p.

income—
2796.

.

&

Lovett 115

stores, in

food

159,

2570.

p.

-

,.

.

%

62

••

'•.

-F F'/FV .•/■■

>

.

;F'■'/

Corp.—Petition Denied—

:

Circuit'Court of Appeals at Phila¬
opinion denying the; petition of dissent-;
ing preferred stockholders of the corporation^};^j-qyoke consummation
of its recapitalization plan which resulted Jn^formqtfen of York Corp.
The petition was made by Charles HottfemifceltU owner of 50 shares
Ice Machinery

York

&

Yazoo

From Jan. 1—
Gross

class.—V.

store
•

■

an

Corp.

Schmoyer and Andrew Fckety.
F. '

586,357

r

■

of

2,230,050

_

'

;v ,■

Winn

give

Judge John Biggs, Jr., of the U. S.

35,129

income-.

acquisitions, will

delphia has handed down

$226.54+
65,515

33,972

oper.

Grocery

York Ice Machinery

1941

$464,889

$442,047

all of the outstanding stock of the
Co., Inc., of Mlam', Fla,; and the stock
which operated the Table Supply Fbod

acquired

has

.Who'eeale

corporations
Stores in Florida."
•'

■F

were illegal and
company.—V. 160, p. 27116.

,^>418,32:). F ,174,216

railway

railway——

reserve

.

Western Ry. of Alabama—EarningsGross

tAfter

five affiliated

of

These

transactions

the holding

for depreciation

1943.

cities, covering all the main centers of Florida, except Pensacola, and
five cHies of South Gcorg'a.
Of these ..stores, 65 . are in the super

rail securities .as

against the

in

comnany

Economy

the

holding company was dominated by the late Mr. James and a group of'
his companies which held 40%
of the stock.
They charge that the
James interests dictated purchase by the holding company of certain
securities of the railroad and the borrowing of money by the holding
company

.

Winn & Love11 Grocery, Co.—-Expansion-—

F F

Trust Cb;< to-deliver to the holding .-company all securities
road due in exchange for securities of the /old
F ■
• . ■
for

reserve

FFF

»F"

delivered by the James interests.

basis

The

.amounting-to $3 092 876 in 1944 and
of $4,214 in 1943 and $10 882 in
+ After reserves for deprecation on revaluation of $178,508 -in
and $179,455 in 1943.—V. 160, p. 2585.

"After

reorganized

company

$72 513,338 $66,010,761

—

to the James
Dec. 28.' In'
and H. May

i
In addition to seeking restraint of distribution of the new securities,
F'the stockholders ask that the James estate pay over to the holding
company $12,181,129 and interest," as well as interest, dividends, profits
and ether income from certain collateral security.
The suit also asks

cumulative preferred stock and Carl-

who each own 20j>hares,—V. 161; p. 51.
•'
;
F\:»%q'F
KhV ;l
■

Mississippi Valley

,.

RR^Eaftti'rtgs
1943

—

1944
$2,404,085

$2,907,672

$3,284,856

railway---—
oper. income—

473,750
214,147

1,030,925
226,613,

1,497,869

832,73a

1,026,281

599,486

from

Net

from

Net

ry.

,

1942

1941

railway——

November—
Gross

7%

$2,012,146

„

From January 1—

premium equal to '/»%
for each year between the redemption date
and. Feb. J. 1.970, in each- case with accrued -interest to the redemption
date.
United States Triist Co. of New-York,' trustee.
IF-,
y

and

Sept. 3<)
■

assets

current

"Property,

1

...

vided, .vto be applied

is

'■

"

deposits——-.-——

receivable

Provision

distribution of the
exchange agent,
scheduled to be made;
.'•i'ihe court action,
taken in the name of Henry Behlert
DeMert, stockholders of the holding company, an answer,
In 20 days. FF' F' :FF"F':v
FF; F;F :'A.■■FF F;; 'F,'■•'.:F'- '■
court

The

Pacific

interests.

at

1969.

809,258

.

$1,530,000'and
credit.

'

1051;,
w
on'any interest date thereafter to and including Feb. 1,
1969, at
irhvunal amount plus a premium equal to V4%- for each year or part
1,. 1950,

demand

S; Government

Other

#popnt. at any one time, upon 45 davs' notice, on Feb. 1, 1946, cr on
any

'

Inventories

%

President

former

Pacific Railroad Corp., holding

York.

1.265,399 F
to

1943

in

Sheets,

Balance

•

Accounts

sought Dec.

RR.,

—„

debt retirement and after post-war
SAfter deducting post-war credit of

for

of $1,835,000,

(restricted to expenditures on

28 in U. S. District Court at New
York'to restrain transfer of a large share of control of the reorgan-.
ized Western Pacific to the estate of Arthur Curtiss James (md the
Pacific

F

and amortization.

$335,000

of

$1,804,588

1944.

in

and

■

The

credit

(estimated)

Advances

Western

$2,312,337

Cash

Buckland, Presidenf of
Coulson, attorney; Harry

f

Western

—^

2,239,593

amounted

surtax

Cash

of the Metropolitan Life Insurance Co.,
Reconstruction Finance Corporation.

Western Pacific RR.

and

F

Farmers

Stockholders of

12.385

,

,

3,010,901

3,895,506

—

normal

for

[pro¬

'

New

.

v

j>w,

wholesale coffee firm, and now an official of
Board, and, J.) W.;.Mailliard Jgr.,, P.residqpt{ of,

from

31,904 F

%

"6,819,000

4,408,772

4,488,184

,

Consolidated

Ehrman,< trustees

Folger,

A.

and

reorganization

in
•.

39,206

and four months

.

\piting syndicate headed by Dillon, Read & Co. on Jan. 4
offered to the public $11,000,000 first mortgage, series A,
%%%/bonds at 101.38. Issuance of the bonds is subject
to0Authorization by the Interstate Commerce Commiss/gr^." Principal, interest, and sinking fund payments are

bp

nine

and

61,326

$2,417,704.

Trust Co; has been appointed co-registrar
318,502 shares of the preferred stock, series A, $100 par value,
743,412 shares of common stock,' without par value.

for

'

V//,
' F'F F
Washington Terminal Co.—Bonds Offered—An under:

11

to serve on a board of
the company on Jan. 1.

of

for

918.937
>97 295

profits taxes to $5,289,000 after a $61,000 post-war

credit

direction

operated

Schumacher

10,522.000
166,104

$22,450,000 +20.015,000

for depreciation

1942

'importer.FF'F:I'^FlF F"FF.- "VrF
Jr., first counselor in the First Presidency oi' the F.
a new, .director'from Salt Lake. City.
F -F'':
;F

Wright of

City

profit

tAfter

elected

Co-Registrar—
The

—V.

Clark,

Railroad

the

Co.,

Church, is

$1,425,497

470,015

—-—

over

been

American

of

directors

Frank

T' Net income

been

.72,999

27,606.947
133.068

ex¬

contingencies—

tlncludes

living in San Francisco are Wakefield Baker. Presi¬
Hamilton, wholesale hardware firm; Edward H. Bell,

&

Reuben

New

'vGtoss

4,242,210

Production
Schmieden,

War

J.

-

&

Folger &

Maiiliard

income----—^_

Interest

Baker

of

J.

the

766.435

%

672,000

9,675,363

have

M.

T.

directors

dent

857,915

Pro^for Fed. income and excess profits taxes

10,829,597

by Federal Judge A. F. St. Sure,
under emergency bankruptcy laws..

923,720
■

6,966,277

7,735,742

take

had

of

118,663

——

—

—

21,705,062

14,935,450

;;;;FF;;FF'.' j: -;F FfFF'FFF-;.FF.FFFi

rectors.

Other

—

:

Depreciation
Geufci'Al taxes

•

because

....

-

784,735

—

deferred

charges

7,888,411

972,323

'—

:

—

_

operating

for

Prov,

8,267,058

34,574.577

21,407,922

F, Charles Elsey, President, and E. W. Mason, Vice-President and Gen¬
eral Manager of the railroad, are members of the new board of di-

$14,067,836 $13,662,059

—

~

A—__———

——_

Maintenance

1913

1944

Ended Nov. 30—

revenues

ceedings

Net

excess

New Directors—

will

company

appointed

(& Subs.)—Earnings-

Washington Gas Light Co.

45,727.799

18,881,564

directors

control

under

■

48,193,503

income..

that

members
-

,

426,309

and

war-time

for

"Provision

railway-

349,974

815,231

767,964

771,127

1

railway-

new

1.996,574

1,377,238

1,769,396

10,172,026

439,785

128.116

other

$2,332,437

845,938

27,167,163

deductions-,

income

profits taxes

Prov.

1941

$3,885,781

$4,646,686

2,181,819

income..

oper.

Nine

9,052,292

2446.

ry.

19^2

1943

$4,961,522

railway,:

F Elects Nine

16.443,824"

income—

28,717,329
8,799,971

from

'F

1944

1,820.008

31.023,133

income

other

cess

19,115,499

30,451,868

proiit_

lnr.ema

Interest

Earnings—

F.

railway

oper.

from

Gross

52,303,767

p.

938,073

937,648

6.583.788

,:V

21,781.445

571,265

operating

Misc.

*

From January

$4,657,395

87,084,799
33,482,489

oper.

ry.

ry.

1941

railway——_

Net; tfrom

—V.

F

1942

.

dross'from railway.—

F

85,280

84,997

F.

F.'-S

' FFF:F/"FF
+6,471.382
tB,715,541

and

service

1941.,

1942

167,755.815 103.273 626
134,117,270
92,386,059

175,422,832

expenses

Total

2447.

from

from

Net

$8,069,319
3,062,457
734,301

railway——

NeFjfrom

projects

p.

November—
Net

1943

Net
Other

of

Western Pacific RR,

Gross

1944

railway

Gjqdss: from

160.

amort,

parts

F

-F:'VF ^
212,458.489

sell.,

Adm.,

F',v

Subsidiaries)

•

sales.

of

Federal

Wabash RR.—Earnings—
November—

acct.

"Incl.

FF"FFFff:F:F'

■

__

•

.

sales

Cost

25,201,413

24,427,454
12,186,073
! 6,799,810

11,328,823

p.

income

—V.

railway——

oper.

—V',160,

Net

Fy:F;,F..;-

railway——.

from

Net

'

'

24,660,102

from

Gross

Net

$2,103,598
1,023,910
1,006,959
611,440 .'
585,916

$2,360,131

593,326

sNetfjry. oper. income—

1941
$2,304,704
1,205,009
804,649

194.2

1943

,

1944
$2,456,616
909,235

—

From Jan. 1—

Net

v-VF'.'"

1943

1944

Sept. 30—
-

(Including

Account

Income
Years End.

$7,496,313

270,191

income

>■

,

Redemption of all preferred stock was completed during the fiscal
either by call or by conversion to equivalent value In common
stock, of which 2.372,342 shares were outstanding on Sept. 30. 1944.
The war-famous "Jeep," of which
107,347 were turned out at the
Willys-Overland plants in Toledo during the fiscal year, and of which
nearly 300,000 have now been manufactured there, is currently sched¬
uled for production through 1945, it is" announced.
year,

274,305

Fixed charges ——:

F

■■■..- :•

railway

from

position last year.

„

railway.-—

from

$7,111,022, a combined

$7,222,008

32,464

income—F

oper.

Other income

position

to $18,totalled
total exceeding by $12,679,704 the corresponding

F

2>rl68,447

'

November—

S

'.v-r••

$586,240

the year.

report discloses a substantial Improvement in the cash
Willys-Overland. Cash on hand Sept. 30, 1944, amounted
,0.294. and U. S. Government securities held by the company

Cr375,803

Drl5,293

$3,010,901

The

$7,014,652

Cr49,002

Drl4,091

(net)—

increase,

an

of

earnings

of

F 1944—11 Mcs.—1943
$35,^50^45 $31,798,448
r?4#32,968
19,-445,796
336,000
$,804,000
5.338.000

Cr49,103

rents.—

rents

showed

al&>

with

This was equal to $1.64, per share of common

added during

Nov. 7, '43 Oct. 31. '42

Virginian Ry.—Earnings—
Gross

amounting to $3,895,507 as
for the preceding 12-montlx
stock as against
a
rate of
$1.32 per common share for the fiscal
year 1943.
Net
income
is
after
all
charges,
including provision for an estimated
$22,450,000 for Federal income taxes, but without completion of gov¬
ernment contract renegotiations for the fiscal years
1943 and 1944.
Completion of these negotiations for the fiscal year 1942 resulted in a
net cost to the company of $258,588 for that year.
Reserves
for war-time and other contingencies
amounting to $4,488,184, also after estimated provision for Federal income taxes, were

$2,62U188
1,731,574

300.000

rate

earnings

period.

Redemp-

$567,240

Operating income

end

.

cost-plus-fixed-fee contracts,
over the fiscal year of 1943.
last September the company was producing goods at
approximately 30% higher than at the same time a
on

of 27%

ago.

Net

1944—Month—1943

Taxes

- \

of

annual

compared

59

$2,900,488
2,033,248

the

year

called for redemption on Feb. 1, next, 1,163 shares

Period End. Nov. 30—

Jt.

Nov. 5, '44

taxes

Corp.- -Partial

Products

Report—

Motors, Inc.—Annual

$212,458,489, an increase

an

'

—

$712,435 $493,901
$2.93
'$3.56
$2.47
capital stock (no par).—V. 160, p. 1336.

charges

after

earnings

Net

i

"
&

3,700,922

f;ff

2447.

p.

At

Wall St., New York, N. Y. ' Immediate payment
bo
any
time, with accrued -dividendsFeb. 1, 1945,
presentation and suirender of the.called stock.-A^ 160, p. 1121.
&

Equipment

44 Weeks Endeo—

totalled

2796.

p.

Ooerating revenues
"Operating
expenses...-"

Veeder-Root, Inc.—Earnings—
•

160,

2,991,489

figure of the previous fiscal year.
Recorded
sales,
including
fees

[FFFFaF'F''Ft ! F-F F FFFFFF FFFFFFFFtrFFF FW-FFF' FFFFFF'FI
Western Maryland Ry.—November Earnings—

16,454
2,641

■

•

<

7,169,118

3,129,378

8,266,994

income..

38-year
famous
30, 1944.
Ward M.
Canaday, Chairman, and Charles E. Sorenson, President, amounted to
approximately $236,700,000, an increase of 32% over the corresponding

its'.outstanding $4.50 cumulative preferred stock:At $100 per share
dividends. ' Payment will be made at the office of/Brown Brothers

upon

$115,456
:
29,969
'
10,143

1—

railway——

from

Gross

railway.,.,

railway...:

oper.

ry.

in its annual report for the 12 months ended Sept.
Deliveries of war products, stated the report, signed by

and

1941

1942

1943

1944

»

from

19,512,855

8,738,819

263,466

24,362,065
9,798,159
3,551,555

"Jeep,"

sidd tracks, located on Govern¬
called "Garfield Park"), con¬

•

The company has
of

V.:

will

$99,187 F $117,239
railway
:F.FFF 12,809
23,858
oper.
income—
11,226
8,563

Net

(sometimes

Chlorine

Westvaco

•'

railway-'—F'

Gross from

160,

tion—

Harriman

Utah Iiy.—Earnings—

certain

owns

17

No.

Co.—V.

Terminal

,

2117.

22,166,719

227,288

23,112,281

largest volume of sales and deliveries in the company's
history was announced Dec. 29 by the company, maker of the

of the Terminal Co. constitute the only railroad
passenger terminal serving the City ox Washington and provide con¬
nections
for through passenger service between the various lines of
railroad entering that city.
These lines of railroad are the Baltimore &
Ohio RR.. Pennsylvania RR., Southern Ry., Chesapeake & Ohio RR.,
and
Richmond. Fredericksburg & Potomac
RR., ail tenants of the

•

p.

$1,788,923
588,849
281,443

income..

Willys-Overland

Capitol.
prpoerties

The

four directors:

the following

elected

and

27

RR.,

States

trustee, scle owner of
stockholders' meeting on
Thomas W. Bowers,
Guy E. Reed, Ralph S. Harris and Kenneth H. Rockey.
F'F
These directors, • in addition to Joseph G. Alther, already a director,
will
comprise the reconstituted Universal board.
This action was
taken in accordance with the provisions of the trust agreement entered
into under date of Oct. 26...1944, between the former owners of Uni¬
versal securities and the Guaranty Trust Co. of New York, as trustee.
At
a
-directors'
meeting
of
the
Universal
company,
also held
Dec. 27, Mr. Bowers was elected Chairman of the board.
Mr. Alther
remains
as
the
operating Vice-President of the company.—'V. ■ 160,
.

Trust

Guaranty

The

the

771,331

853,586
270,811

The

a

ington

Dec.

from

—v.

siding turnout of the Philadelphia Baltimore & Wash¬
serving the heat, light and power plant of the United

necting with

Co.—Directorate—

Products

Oil

Universal

also

Terminal Co.

The
ment

Jones and
873.

corporation announces the election of Norman W.
Sandbach as Assistant Vice-Presidents.—V. 160, p.

The

James A.

Net

D. C., including the passenger
Station" and the railroad and
track
system extending from Florida Avenue
(connecting with the
Philadelphia Baltimore & Washington RR and Baltimore & Ohio RR.)
in a southerly direction to the said passenger station, thence via the
Terminal Co.'s tunnel to a connection with the Philadelphia Baltimore
& Washington RR. at the south portal of said tunnel, a distance of
1.65 miles from said connection at Florida Avenue.
The total miles
of trackage owned by the Terminal Co. is about 19 miles.

vacancy

Dec.

on

Terminal

$2,006,219

533,2.93

January 1—

from

Gross

$1,795,107

railway

oper.

ry.

From

1941

1.942

$2,070,125

railway—_

properties

elected a director and Treasurer

Henderson on Dec. 28 was

Donald A.
to

Net

in the City of Washington,
terminal building known as the "Union

Film Corp.—New Treasurer

Century-Fox

an

from

Net

Co. was incorporated pursuant to an Act
12, 1901, and under the authority of said
Act of Feb. 28, 1903, owns extensive station and terminal

Congress

from

1943 '

1944

November—
Gross

approved Feb.

Company—The
of

Act

Twentieth

Wheeling & Lake Erie Ry.—Earnings—

stock of the company, con¬
is owned one-half each by
and Baltimore & Ohio RR.
The entire capital stock of Philadelphia Baltimore & Washington RR.
is
owned
by Pennsylvania RR., and its railroad and property are
leased to arid operated by that company under a lease dated Dec. 13,
1917. for a term of 99.9 years from Jan. l,- 1918.
Stock—The outstanding "capital

Capital

designed to strengthen
for its post-war opera-

several new. positions

of

creation

the

TACA's

lions.

1945

Monday, January 8,

THE COMMERCIAL & FINANCIAL CHRONICLE

143

Gross

(J. G.) White & Co., Inc.—New Director—..

elected a director;, He has been for
in charge of the trading department.—V. 159, p, .2125,

Gerald H. May

years

has been

Net

some

■

tNet
—V.

33,722.580
12,906,641

railway—
32,861,149
railway—12,212,021

from

from
ry.'

oper.

160,

p.

income.^

2565.

4,493,534

- •

5,184,528

31,975,705- 18,075,818
15,786,046
6,479;153
4,150,360'

12,135,155-

THE COMMERCIAL

Number 4349

161

Volume

State and

149

FINANCIAL CHRONICLE

&

City Bepasftnieni

BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
.

x>: vA'"';*.*.•

cease

-.K-Vr1,

■

Alabama Polytechnic

•'i'-v.vV-•

Vt':.

Institute

(P. O. Auburn), Ala.
Redemption Notice—It is

Bond

announced
President

L.
N.
of the Board

Duncan,
of Trus¬

by

Jan.

provided funds for
their payment are on deposit with
the paying agent at that time.
CALIFORNIA

of

the

1946

years

Idaho
Bonds Voted—At

as

W.

Burnt

District Secretary, that
$650,000 refunding revenue bonds
approved by the voters last June,
were purchased at private sale.

and
accordingly
on
1945, there will become
due and payable upon each of said
bonds, upon its presentation and

of

of

office

the

at

posed issue of $10,000,000

Auburn, Ala.,
principal office of the
Hanover Bank & Trust

technic Institute, in

the

at

or

Central

in New York, the principal
and
accrued
interest

Co.,

thereof

June 1, 1945, together
redemption premium com¬

thereon to

with

a

District, Santa Clara County (P.
San Jose), Calif.
Bonds Voted—At an election
Nov.

the

21

by

the

1st

Coupons for

interest due on June 1,

1945, may
be attached to the bonds for pay¬

if detached from the
the holders thereof, may

or,

presented for payment in the
usual course.
Payment of any
bond registered
as to principal
will be made only to the regis¬
be

Offering

Note

No

owner.

interest

payable on
1st

be

or

accrue

after- the

bonds

said

Corbin, First Selectman, will re¬
ceive sealed bids until 10:30 A.M.
Jan. 9 for the purchase

on

count of

at dis¬

$150,000 tax anticipation

notes, dated Jan.' 11, 1945, and
payable May 15, 1945, in New
York City.
•
:

the

'V

ing claims and credits

any

of
of

Debt

Interest

day

Available

an

issue of

of

holders

All

and/or coupons of the be¬
low-described issues of the City

of Coral Gables, Fla., are

(P. O. Mobile),
"
Ala.
'ZZ;/Z>/./a;
Bond Sale—An issue of $250,000

Mobile County

that

funds

are

accrued

and

denoms.
15, 1954.

their

of

interest

bond

on

Nov.

15

follows:

$309,000 in 1946 to 1952,
incl., and $305,000 in 1953; or on

as

any

subsequent

interest payment

dates.

McLeam County
Plans

Blooming-

(P. O.

ton), III.

•

Election

Bond

The

—

county contemplates taking a vote
at the June election 011 a proposal
issue $1,800,000
ment bonds.
to

road improve¬

,0WAp/?|i;^

in

•

t"

been; purchased

has

bonds

refunding

building

public

2%%

by

Shropshire & Co. of Mobile. Dated
Nov. 1, 1944. Denom. $1,000. Due
serially on Nov. 1 from 1946 to
1969, incl.' Principal and interest
(M-N) payable at the National
City Bank of New York City. Le¬

approved by Chap¬

gality to be
man

& Cutler of Chicago.

'

;

the

below-named

banks

for

the

payment of all bonds and interest

due

coupons

on

before

or

..

Jan.

V,

1, 1945:

At the Chemical Bank and Trust

Co. in the City of New

manent

York: Per¬

improvement 5Vz% bonds,

dated Dec. 1, 1925; permanent im¬

bonds,

51/2%
April 1, 1926.
provement

Chase National Bank in

At the

the

dated

City of New York:

Improve¬

July 1*
1926; municipal improvement 6%
"Creighton School District No. 14 bonds, dated Jan. 1, 1927; refund¬
(P. O. Phoenix), Ariz. /.
ing 6% bonds, dated June 1, 1928;
Bond
Sale—The $45,000 cou¬
refunding 6% bonds, dated June
pon semi-annual school bonds of¬
15,
1928; refunding 6%
bonds,
fered for sale on Dec; 29, v. 160, dated Jan.
1, 1930; refunding 6%
p. 2587, were awarded jointly to bonds, dated July 1, 1930.
Kirby L. Vidrine & Co., of Phoe¬
Payment of bond principal, in¬
nix, and the Bank/of Douglas, terest on bond principal from ma¬
Douglas, Ariz., at 100.00, a net turity to Jan. 1, 1945, or interest
interest cost of about 1.30%, ,on
coupons may be secured by sur¬
the bonds divided as follows: $15,- render of the bonds or coupons
000 as 2s,'due $5,000 on Dec; 15 in at
the proper bank.
,

I

ARIZONA

/;

1945

to

ment1 .6%

:

1947; the following $15,-

IV2S, due $5,000 on Dec. 15
to
1950, the remaining

000

us

in

1948

$15,000 as Is, due $5,000 on Dec.
in- 1951

15

1953.

to

-/Second best bid was an offer
by Refsnes, .Ely, Beck & Co., of
100.01 for $10,000 as 2s, and $35,000

as

IMjs.
ARKANSAS

Batesville, Ark.
Bond Issue Details—The $20,000

improvement bonds au¬
thorized at the Dec. 13 election—

airport

160, p. 2797—will mature on
Jan. 1, as follows: $1,000 in 1948
and 1949; $1,500 from ,1950 to 1957,

St.

incl., and $2,000
incl.

p.

"

•

DM

District, Ark.
district

Call—This

approved

amendment

to

the

refund¬

contract with respect to in¬
rates on $2,000,000 of the

of

bonded

interest

at

debt.

of Jan. 1, refund¬

the

amendment

4%

rate

during

Instead

maturity,
provides for a
the initial five

3V2%

ing bonds Nos. 51RB to 100RB,
inclusive, dated Oct. 15, 1941, ag¬

for payment as

debt

to

years and 3% thereafter to final
gregating $50,000, at par and ac¬ maturity in 1981. The change will
crued
interest to Jan.
1, 1945. result in a saving to the city of
Bonds
are
to
be presented for about $440,000 in interest charges,
The group acting^s
payment with all unmatured cou¬ it was said.
pons attached, at the office of the exchange agents for the city in¬
Commercial .National
cludes Shields & Co. and the Mu¬
Bank,
of
Little Rock, Ark. Said bonds shall nicipal Bond & Investment Co.




1955, $15,000 in 1956, $16,1957, to, 1959,
$17,000 in

in

1960 to

1963, and $18,000 in 1964.

Interest J-D.
.

make

to

*

/ '

-

v

/

of $160,000

offering

an

airport construction bonds.

1V4 %

2,

16,

v.

City, at

a

about

1945

p.

Bros.

53, were awarded
&

Co.

of

Kansas

price of 101.40, a basis
Dated Feb. 1,

0.987%.

and

due

$3,500 on Feb. 1
from 1946 to 1955, inclusive. Sec¬
ond high bid of 100.948 was made
by Baum, Bernheimer Co.
KENTUCKY
Lee

County

(P. O.
Ky.

Sale —The

Bond

Beattyville),
$18,000

3%

bridge refunding bonds
offered Dec. 29—v. 160, p. 2700—
were
awarded
to
Charles
A.
road

and

Hinsch

&

Due Jan.

Co.

of

Cincinnati,

the

Dated Jan. 1,; 1945.
1, 1975, and optional on

1, 1955, or on any subsequent
interest date, at par and'accrued
interest.
' vV/.r 'v-d//;;
z, ■

Jan.

-

.

.

'v_ *4' V "L.

Winchester, Ky.
Bond

Sale—Edw.

G.

Taylor &
Co. of Cincinnati have purchased
issue of $175,000

2% school
refunding bonds
and are reoffering them from a
yield of 0.75% to 1.80%, accord¬
ing to date of maturity. The bonds
bear date of Dec. 15, 1944. Denom.
a

new

building

to

as

by

City.
The approving opinion
of Wood, Hoffman, King & Daw¬
son, of New York, will be fur¬
nished.

The

livered

as

will

bonds

be

de¬

practicable
28, 1945, and the suc¬
soon

as

required to pay, in addition to
the price of the bid, interest ac¬
crued up to date of delivery. En¬

2, .1944, the
city reports an assessed valuation
for
1944 of
$6,757,925 and total
bonded debt, including current is¬
sue, of $266,000. Population in 1940
was 8,594; now estimated at 10,000.
Purpose of the present issue is to
refund

lower interest cost

at

revenue

$1,000. Due Feb, 1, as follows:
$5,000, 1947. to 1949, incl.; $10,000,
1950; $15,000, 1951 to 1953, incl.;
$10,000, 1954; $15,000, 1955; $10,-

Feb.

cessful bidder

close

certified check for 3%

a

able to the

the

lows:

,<Z

,

bonds

These

.

issued by the

are

of.

City.

MASSACHUSETTS

original bonds issued for the pur¬
of constructing school build¬

ings in Winchester. With reference
to the ..new issue, a circular dis¬
tributed by the bond house that
purchased the loan notes as fol¬

bidders shall be

or

the amount of bonds bid for, pay¬

Boston, Mass.

pose

.

Net Debt Down

$7,629,434—The

city reduced its net indebtedness
by $7,629,434 between December,
1943, and Nov. 30, 1944, or from

$110,210,057 to $102,580,623. /

City of Winchester, Kentucky, and Essex County (P. O. Salem), Mass.
are
payable solely from and se¬
Note Offering—James D. Bentcured by an exclusive pledge of
ley, County Treasurer, will receive
the gross income and revenue de¬
sealed bids until 11 a.m. (EWT) on
rived by lease of said properties Jan. 9 for the
purchase at discount
011 a yearly basis to the Winches¬
of $710,000 notes, as follows: •
ter, Ky., Board of Education by
$360,000 Tuberculosis Hospital
the City of Winchester at
,

an aver¬

maintenance notes. Dated Jan.

rental sufficient to pay
all interest and principal on this

age annual
bond

issue

when

10, 1945, and due Jan. 10,1946.
Delivery on or about Jan./10

State

The

due.

Board of Education

next at the National Shawmut

the

approves

Bank of Boston.

annual

budget of the Winchester,
Ky., Board of Education. A closed
statutory mortgage lien has been
created on the land and buildings

chester,

are

Dated Jan.

has

issue

bonds

this

when

Bank

This

is

issue

derives

of

Boston.

made necessary

and not
of

by reasons of failure

funds

for

assessed

be

to

repayment.
All of the notes

approved

will be in de¬
.

of

$5,000.
Legality
Ropes, Gray, Best,

by

income
taxation
and per capita payment from the
State of Kentucky. The City of

Coolidge & Rugg of Boston.

currently levying
for the Board of Education a tax

Dearborn

Ky.,

chester,

its

about

by statutory limitations as. to
the date of the original issue,

nominations

The Board of Education of Win¬

on or

10. next at the National

Shawmut

been

.

notes.

15, 1945. Due April

Delivery

1, 1945.
Jan.

perform all duties imposed on it
by the Constitution and Statutes
and will reconvey to the Board
of
Education
these
properties

fully paid.

renewal

maintenance

long as any of these
outstanding, agrees to

as

11

350,000 Tuberculosis Hospital

including
all
further additions
and improvements in favor of the
bondholders.. The City of Win¬

z

from mainly two sources,

is

Winchester

of

$1.25 per $100 assessed valua¬
tion and the Council of the City,
request from the Board of
Education, must levy a tax up to
$1.25 and may levy a tax up to
$1.50 per $100 assesssed valuation
for the Board of Education. Total
for

income

'

' ;

LOUISIANA

the

for

until

noon

purchase

of

$560,000 public belt bonds.
Dated March 1, 1945.
Denom¬
Due $140,000 Mar.

$1,000.

The City is au¬

1, 1955 to 1958.
thorized

to

redeem

and

pay

the

principal of any of the bonds of
this issue in the inverse order of
maturities on and after March 1,
1949,
date,

at

102%

fixed

for

the

the bonds, all bonds to
and
said bonds will be awarded to the
bidder whose bid offers the low¬
est interest cost to the City, to
borne by

bear the same rate of interest

determined by computing the

amount of interest
bonds

their

for

payable

entire

on

life

the
and

deducting therefrom the amount
of any premium which may be
offered.

All

conditional

bids

and

no

must

be

un¬

bid

for

less

and accrued interest
from March 1, 1945, will be con¬
sidered.
Principal and interest
than

par

for

payment

Jan.

on

par and accrued in¬
terest, at the Manufacturers, Na¬
tional Bank, Detroit.
.;! r'.'H

stated

is

Sale—It

by

J. Roth, Village Clerk,
the $22,000 general obliga¬

tion water works bonds were pur¬
chased

Dec.

on

27,

by

Crouse,

Bennett, Smith & Co; of Detroit.
Denomination $500.
Dated NoV.
1, 1944. Due on Nov. 1 in 1945 "fo
1974. Principal and interest pay¬
able at the First National Bank,-

Legality
approved by
Miller,1 Canfield, Paddock & Stone
Lapeer.

of Detroit.
Erin and Warren

Dist. No. 2

payment
of the par value

redemption.
Bidders are requested to name
the rate or rates of interest to be

be

called

15," 1945, at

interest

any

on

thereof and accrued interest to the
date

been

that

La.

will receive sealed bids

6

bonds

Harvey

Offering—Jess S. Cave,
Commissioner of Public Finance,
Feb.

Refunding

—

,

New Orleans,

ination

Call

Nos. 92 to 103, dated Aug. 15,1941,
due July 15, 1960 and 1961, have

Dryden, Mich.

,

Bond

on

No. 4
Bond

$116,-

1943-44,

year

'

MICHIGAN

Township School District
(P. O. Dearborn), Mich.

Bond

3

Bond
Sale—The $35,000 1V2%
airport construction bonds offered

Stern

non-call¬

are

approved

furnished

forms

on

the

legality by Chapman & Cutler of
Chicago. According to a financial

Beloit, Kan.

to

be

made

be

after

993.32.

KANSAS

Jan.

will

and

able

upon

-

Davenport, Iowa
To Issue Bonds—The city plans

terest

$5,100,000
called

reported to
recently an

—The City Council is
have

1953 to

000

only bidder.

Approves Interest Rate Change

ing

n'v0

Rock Special School

\
Fla.

Sarasota,

Details—The

Issue

$200,000 1V2 % park improvement bonds
(not certificates)
purchased by
White-Phillips Corp. of Daven¬
port, as previously noted in v. 161,
p. 53, mature on Dec. 1, as follows:
$1,000 in 1946, $3,000 in 1947 and
1948, $4,000 in
1949
and 1950,
$6,000 in 1951 and 1952, $8,000 in

of

Sale—The

2699.

i) * i'jvi 5ivi.

North Little

Bond

'front i958 to 1960,

Augustine, Fla.

$629,000 3%
refunding bonds, issue of 1944,
originally offered Dec. 19, were
sold privately on Dec. 29 to an
account
composed of Clyde C.
Pierce
Corp., Florida
National
Bank, both of Jacksonville; Leedy,
Wheeler
&
Co.,
Orlando, and
Shields & Co., New York, at a
price of 100.015, a basis of about
2.998%.
A complete description
of the bonds appeared in v. 160,
Bond

v.

.

-bonds/ dated

Clinton, Iowa
Bond

The bonds

chester.

bonds

*

advised

available

now

$1,000
Nov.

on

order

numbers, prior to maturity, at par

■

and

Bond

for

bonds

—

in

:ZZ'•/,-

Coral Gables, Fla.
Funds

1944, in

15,

matures

Callable

FLORIDA

shall

June, 1945.
,

nbt'ice.,/;

Cook County (P. O. Chicago), III.
-'Bonds Being Exchanged — The
cbUnty is exchanging for outstand¬

and

Benjamin

J.

—

■

tered

incorrectly; defined in

election

Nov.

Darien, Conn.

for

after

1945.

of June,

coupons

all

accruing

bonds by

district

the

of

CONNECTICUT

accompanied

ment,

on

authorized an

boundaries

were

$80,000 building bonds.

issue of

Each bond surrendered must be

day

O.

is

$2,468,000 2% funding bonds and
has already exchanged over-" $2,200,000 bonds. The issue is dated

such bond.

.interest

voters

the

airport
School

4

being contested in the
jyhite County Circuit Court. Pro¬
ponents of the action contend that

J

View Elementary

Contested—Validity
$42,500 construction bond is¬
approved at an election on

Nov.

pro¬

a

bonds.

improvement
Mountain

puted in the manner specified in
v

consideration

under

has

the
Treasurer of The Alabama Poly¬
surrender

a

sue

Angeles, Calif.
Airport Bond Issue Considered
—The municipal legislative body

229, III.

Bond Issue

.

Los

1,

Community High

School District No.

inclusive,

June

Prairie

1956; $15,000, 1957; $10,000,
1958; $15,000, 1959, 1960 and 1961.
Principal and interest (F-A) pay¬
able at the Winchester Bank, Win¬

statement dated Dec.

post-war project.

a

ILLINOIS

Sold—It is stated by

Bonds

recent elec¬

a

tion the voters approved an issue
of $100,000 county hospital bonds

C. Jensen,

1968,

to

County (P. O. Rexburg),

Calif.

1, 1939, and payable in an¬
installments on June 1 in

each

Madison

Water Dist.

1, 1945, all of its $586,000 Building
Revenue
Bonds of 1939,
dated
nual

County, Biggs-West Gridley
(P. O. Oroville),

Butte

tees, that the above Institute has
determined to redeem as of June

June

1945,

000,

IDAHO

to bear interest on and after

1,

Sealed

Twps., Frac: Sch.

(P.O. East Detroit)*
Mich. '••'•./
/ :■/■ /:. //•

Tenders

Invited—Pa\kl

Koppin, Jr., Secretary of the
of Education, will receive
sealed tenders of 1939 certificates
of
indebtedness
until
8
P.M.
G.

Board

(EWT), on Jan. 8 (today). •
Offerings should state certifi¬
cate numbers, their par value anid
the amount for which they will
be sold to the district.

The

Board

of

,/J.

Education

>

re¬

reject any and
all tenders; to waive any irregu¬
larities in said tenders; to accept
the tender or tenders that, in the

serves

the right to

opinion of said Board, are most
favorable to the district, and to
purchase

additional

certificates

exhaust the amount
available for this pur¬
payable at such agencies in New
Offerings
Orleans or New York City, as the pose on Jan. 8, 1945.
should be firm for five days.
City may designate.
Bids must
sufficient

of money

to

Invited—Sealed
be received until 5

Sinking

will

tenders

(EWT), or* Jan. 9, by Oscar
Eckman, Director of Finance, of
the city's Series "B" bonds.
Tenders
should fully describe

P.M.

including serial
and state sum for which

offered,

bonds

numbers

Joseph J. Mitchell,

It is stated by

160,

v.

follows:

as

To

Harris

the

of

is reserved by the
City Commission to reject any or
all tenders, to waive any irregu¬
larities in the tenders, and to ac¬

Trust

Co.

right

which,

cept the tender or tenders

the
City, up to the total amount of
$50,000 for Series "B" bonds.

time

the

Dated

tlje bonds are received

the paying agent, but not
longer than seven days after the
date of the mailing of the accep¬
tenders, after which time
on
accepted tenders

tance of

145,000

Dated

Called —James

L.

debtedness:

25,000 at

Oct. 2, 1937,
April 2, 1945.
Series B, dated July 15, 1937,
Nos. 6 to 8, called Jan. 15, 1945.
Series C, dated July 15, 1937,
Nos. 3 and 4, called Jan. 15, 1945.
Series D, dated July 15, 1937,
Nos. 14, 16 to 18, 20, 39 and 40,
42, 44 and 46 to 53, called Jan. 15,
Series

should be de¬
the Detroit Trust Co.,

certificates

The

livered to

Detroit, for payment on the call
dates shown above, after which
time all interest shall cease.
Royal Oak Twp., School Dist. No. 7

(P. O. Berkley), Mich.
Invited

Tenders

Sealed

—

Ed¬

Parkin, Secretary of the
of Education, will receive
sealed tenders of 1937 certificates
of indebtedness until 8:30 P.M.
ward

Board

(EWT), on Jan. 8 (today). Dated
Sept. 1, 1937. The amount on hand
in the sinking fund for the re¬
tirement of Certificates of Indebt¬

approximately $14,000.

edness is

Dated June 1, 1924.
1, 1954.

119,000 at 128.10 Minnesota, Ru¬
ral Credits, 4x/2% bonds, J-D,

9%-year.
To' Ilarriman

sold to the district.

Board

Education

of

reserves

right to reject any or all tenders:
to waive any irregularities in said
tenders; accept the tender or ten¬

which, in the opinion of the
Board, are most favorable to the
district, and- to purchase addi¬
ders

tional certificates sufficient to ex¬

avail¬
Jan. 8,
should be firm

haust the amount of money

this

for

1945.

purpose

Offerings

for two

on

days.

;

j

Jan. 16 the voters

on

issue

of

.

"

•

v

•.

.

'•

MISSISSIPPI

Mississipi (State of)
Bond Call—Greek L.

annual

semi¬
offered

$14,000

refunding

bonds
fob sale on
Oct. 27, were pur¬
chased by J. W. Dain & Co., of
Minneapolis, at
of

about

District
<

a

net interest cost

1.32%, according to the
Clerk.

Minnesota

'.Housing

(State of)

Legislation

Rice, Sec¬

State

at the State Treasurer's office

at

the

Trust Co., New

Guaranty

City. Bonds are dated Feb.

York

1940.

1,

and

1 and Aug. 1
Optional as of

4Due Feb.

1, 1945.

A

;

—

Failure of the legislature to pass

date

Poplar Bluff),

Clerk

the

of

the

Court that
bonds
ap¬
proved by the voters last Febru¬
ary, were purchased recently by
A. H. Bennett & Co., of Kansas
City.
'
County

refunding

$210,000

Rock Hill School District, Mo.
Bonds Sold—An

issue

of

$115,-

thereon

interest

deemed

on

or

before

and

from

months

thereof
and

months

36
at

Thereafter

and

the

at

on

and

on

and

or

the

on

the

or

date

and

on

from the

100.00%.

redemption of

In
part

only of the-bonds, they shall

be

of

for similar action during
the-present session of the State
press

which convened on
Jan. 2.
The Minneapolis Alderrtian asserted that his own city is
legislature

in

urgent need of an urban re¬
development project as a rheans
of rehabilitating blighted areas,
provide suitable dwelling and in¬
dustrial sites and halt the

trend

toward building

city limits.




growing-

outside, of

by

•

Various

cial
were

and

city

Warrants

warrants

Called—

and

Improvement District
called for

Spe¬
bonds

payment oh Jan.

1, 1945.
Park

be expressed
multiples of % of 1%.
No proposal for less than the
par value /of the
bonds and the
accrued interest thereon, or for
less than the aggregate principal
amount of the bonds to be sold,
in

Bozeman, Mont.
Bonds

be redeemed
lot.
Bidders are requested to name
the rate or rates of Interest said
such maturity to

bonds shall bear, to

MONTANA

York, approving the legality
of the bonds and the temporary
bonds. Information relative to the

New

operations of the Eastern Division
and the conduct of- said auction

bidding
olution

District

the

forms

and

principal and in¬

requirements may be
from the Secretary.

terest

tained

ob¬

non-profit corporation paid

The

the»'full

of $14,-

price

purchase

421,000 for all the common stock
of Nebraska Power .Co. to Amer¬

The

Co.

Light

&

Power

ican

transfer of the stock was ordered

by

Securities

the

Commission
ance

with

Bond

Offering

as

a

and Exchange
step-in compli¬

SEC

an

order for the

eeive'

Nebraska Power Co. are: Dr. B. H.

Baer, Gerald Collins,. J. E. David¬
son,
W.
C. Fraser, .Edward F.

Co.

elected

by the new directors

T.

the

Board

of

Directors;

>

J.

.

1

p.m.

interest

coupon

or,

registered re¬

funding bonds of 1944. Dated Dec.

15,

Denomination $1,000.
as follows:$10,000
to 1951 inclusive and

1944.
Dec.

15,

1949

from

$9,000 in 1952 and 1953. Bonds ma¬
turing 1950-1953 are callable in
Inverse numerical order or\ Dec.
15, 1949,
terest

subsequent in¬
and accrued

or on any

at

dates,

par

rate

interest. Bidder to name one

interest, expressed in a mul¬
tiple of Va or l/20th of 1%. Prin¬
cipal and interest (J-D) payable
at the Palisades Trust & Guaranty
of

Co., Englewood. Amount bid for
the bonds must be not less than
$48,000
to

than $49,000.
A
$960, payable
the Borough, is re¬

more

or

for

check

certified

of

order

quired.
Legal opinion of Haw-*
kins, Delafield & Longfellow of
New York Citv will be furnished
the successful bidder.

Oakb>n, N. ./.

.

Bond Sale—The

$94,000 coupon
or registered refunding
bonds of¬
fered Dec. 28—p. 160, p. 2799—
were awarded to Halsey, Stuart &
Co., New York, as 1.80s, at a price
of 100.18, a basis of about 1.884%.
Dated Dec. 1, 1944 and due Dec.
1, as follows: $15,000 from 1955 to
1959 inclusive and $19,000 in 1960.
Other bids:

E. H. Rollins

.

& Sons ;

jointly, 1.90%,
100.179; Dolphin & Co. and Boland,
Saffin & Co., jointly, 2s, 100,26;
Butcher & Sherrerd, and Julius A.
and Stroud

& Co.,

Rippel, Inc., jointly, 2.10%, 100.30.
Teancck

-

Township

(P. O.

>

Tea-

neck), N. J.
Bond Sale—The

$50,000 series E

refunding bonds offered Dec. 28—

160, p. 2701—were awarded to
Peoples
Trust
Co.
of
Bergen

v.

County, of Kackensack, as IV4S, at
a price of 100.20, a basis of-about
1.221%; Dated Dec. 1, 1944 and
due

1, as follows: $10,000 in
1949, 1952 and 1953; $5,000.

Dec.

1948,

bids:

of

in

Hutzler, 1.30%,
Haupt & Co., 1.30%,
100.108; B. J. Van Ingen & Co.,
1.30%, 100.021; H. L. Allen & Co.,
1.40%, 100.46; West Englewood
National Bank, West Englewood,
1.40%,
100.224; Bergen
Countyt
National ~
Bank,
Hackensack,
1.40%, par.

Davidson, /President;
Don
B.
Woodyard,
Vice-President; Roy
Page, Vice-President;.-#, E. Smith,
Vice-President; E. F. Leary, Sec¬

F.

retary;

8

on

E.

Maenner ^Chairman

H.

are:

will re-

Jan. 24 for the pur-1
chase of $48,000 not to exceed 4%
(EWT)-

The neyv^direcfors of

Light Co.

Henry Oster-

—

Jr., Borough Clerk,
sealed
bids
until

mann,

dissolution of American Power &

Secretary;

.

100.24;

1955.

and

1954

Other

Bros. &

Salomon

Ira

.

-

of

investment

NEW YORK

bankers

NGVSeh' & Co., of
B. J. Van Ingen &
Co., Inc., of New York.
;
The immediate public financing
which will result -will be in the
headedby John

$15,600,000 "Loup River
District,. Nebraska,

of

form

Power

Hill Sewer District

DeYVitt, Park

Chicag&r-a'nd

will be considered.

Temporary bonds exchangeable
definitive bonds at the option
District, will be delivered

refunding bonds,
maturing from six months to 12

which

under

erating
Power

Burton

made

Marine Midland Trust Co.,

New

York,

on

Jan.

26,

1945.

delivery

in

charge
Co.

It

against Nebraska
is .expected

be called for
bonds about Jan. 9, 1945.
will

The

on

that

the

non-profit corporation ac-

quire4 control of Nebraska Power
available Co. for the purpose of vesting

Payment for the bonds is to be
on

monthly with

requirements of Nebraska Power
Co,
The
obligations' of Loup
River Public Power District are
therefore payable-From
an. op¬

bids

of

readiness to serve

which Loup
River Public Power/District un¬
dertakes to supply the firm power

of the
at. the

a

charge is deposited
the
trustee
under

for

City,

•

contract

purchase

(P. O. Livingston), Mont.
Bond Sale Details—The $117,181.56 1.15%. refunding bonds re¬
cently awarded to
Edward
L.
of Salt Lake

by

adopted

for schedules of

County High School District

Corp.

NEW JERSEY

Copied of the res¬

authorizing the issuance of said
bonds and setting forth the terms
and conditions thereof, the form

1

No.

from

obtained

be

may

the Secretary.

promptly-as

as

Demarest, N. J.

(P. O. DcWitt), N. Y.
Bond Sale—An issue of $6,500
series A

sewer

bonds w»s sold re¬

cently to the Bank of East Syra¬
cuse
of East Syracuse, as 2s, at

terest M-N.

shall be selected by

City. Dated
1, 1944.
Legality approved
Charles & Trauernicht of St.

bonds the opinion of Wood,
Hoffman, .King
& Dawson, of

of

effected

be

possible.

payable from ,the proceeds
of a power contract aTVd lease be¬
tween Loup River-Public'Power
District and Nebraska Power Co.

& Trust Co. of Kansas

Louis.

will

years,

Dec.

Henry H.
Bank, Minneapolis Alderman. All
except five States have enacted
such legislation, Mr. Bank said,
in announcing that he intended to

was

tem¬

the delivery of the bonds or
porary

■

nation

000,000 to $.100,000,000 in Federal
housing funds during the past
four years, according to

bonds

the

■

upon

retire

to

applicable call premiums and ac¬
crued
interest.
The dissolution

Eastern Division,

redeemed at any time, the bonds

school

■

furnish

.

and bonds at the

debentures

the

and

dividends

accrued

Public

sold

114%

dissolution
of the .company and retire all of
the
preferred stock at 110 and
proceeding to initiate

redeemed in the inverse order of

recently to the City National Bank

000

y

f

will

District

The

group

date

deprived the State of from $50,-

housing authority act has

public interest.

or

96

maturities, and in the event that
less
than an entire maturity is

a-local

any

at

100.75%,

before

100.25%.

of

right to /reject

the

J. Moylan, Assistant
Gerald Collins, Treas¬
urer;
T.
F. .Hanley," Assistant
Treasurer, all of Omaha, Neb.
Financing was arranged by a

Thereafter

date thereof

thereof at

date

event

60

Thereafter
before 120 months from

at

the

;;

or

108 months

the

and

at

on

Thereafter

100.50%.
thereof

before

thereof at

from

101.00%.

from

before

101.50%.

or

thereof

date

months

Thereafter

before 84 months from

or

reserves

such action as may best serve

Woodyard, all of Nebraska;
The officers of Nebraska Power

date

months

72

or

opening the
bidding and the Board in consid¬
ering bids and making the award

and on or
the date

Thereafter

101.25%.

to- extend

reserved

is

at

at

on

the

right

postpone the time of

adopted

Co.

Power

Nebraska

Due

thereof

101.75%.

from

'

is made.

bid

Bidding will be opened at the
time and place -aforesaid, but the

Leary, T. H. Maenner, W.' W.
Wenstrand, Emil 'Wolf, Don B.

from

thereof

date

months

101.50%.

before 48 months from

or

on

the

an

24

date

Thereafter

102.00%.
before

the

in

District

equal to 2%^-of the face
of the bonds for which

amount

amount

such

the

of

payable to

bank

a

upon

order

before

or

on

If re¬

months

6

from the date thereof at

the

to

of redemption, to wit:

Thereafter

Bonds Sold—It is stated by

re¬

at

Thereafter

and

itler County (P. O.
Mo.

be

the option of the
District, at any time, in whole or
in
part,; at a redemption price
with respect to each such bond as
set forth below, plus in each case

thereof

MISSOURI

will

bonds

said

of

All

deemable,

before

.

V

Urged

3%, payable

Denomination $1,000.

accrued

Bond Com¬
mission, announces that various
coupon
sixth
series
highway
bonds, Nos. E-l to E-2,000, aggre¬
gating $2,000,000, have been called
for payment on Feb, 1, 1945. Re¬
demption funds will be available
the

of

retary

•

(P.O. Lakeville), Minn.
Sale—The

Bond

air¬

acquirement bonds.

Dakota County Indep. School Dist.
No. 100

Interest

bonds.

revenue

rate is not to exceed

J-J.

approved an

municipal

$54,000

from 1946 to 1959.

■■

••

electric

,

Feb.
w-

stated

is

Secretary of
the Board of Directors, will offer
for sale at public auction at 10
A.M. (CWT), on Jan. 9, an issue
of
$15,600,000 Eastern Division

-

MINNESOTA
'

Offering—'it

Bond

that Harold Kramer,

Hopwood,> both

drawn

the

check

cashier's

or

and all bids and generally to take

\

Dated
Jan.
1,
1945-.
Due as follows:
To
Phelps, Fenn & Co., F.
S.
Moseley & Co., both of New $553,000 July 1, 1945, $561,000 Jan.
and $568,000 July 1, 1946, $576,York, Milwaukee & Co., of Mil¬
000 Jan. and $584,000 July 1, 1947,
waukee, and J. M. Dain & Co.,
$592,000 Jan. and $600,000 July 1,
of Minneapolis, jointly
1948, $608,000 Jan. and $617,000
$3,000 at 125.823 St. Paul, Water
July 1, 1949. $625,000 Jan. and
Works, 414% bonds, J-J, 9$634,000 July 1, 1950, $643,000 Jan.
year. Dated Jan. 1, 1924. Due
and $652,000 July 1, 1951, $660,Jan. 1
1954.
000 Jan. and $670,000 July 1, 1952,
48,000 at 130.256 Minnesota, Ru¬
$679,000 Jan. and $688,000 July 1,
ral Credits, 4% % bonds, J-D,
1953, $698,000 Jan. and $707,000
914-year. Dated June 1, 1924.
July 1, 1954, $717,000 Jan. and
Due June J, 1954.
./i,■
$727,000 Jlily 1, >1955, $737,000 Jan.
and
$747,000 July 1, 1956, and
Tracy, Minn.
Bond Election—At an election $757,000. Jan
1, 1957.
,

port

The
the

Power District

(P. O. Columbus), Neb.

$2,000 at 122.22 St. Paul, InterCity Bridge, 4% bonds, J-J,
9!/2-year. Dated July 1, 1925.
Due July 1, 1954.

Offerings should state certifi¬
cate
numbers, their par value,
and the amount for which they
will be

Co., Inc.,
Paul,
Bank,
Piper,

of
Minneapolis,
and
Caldwell,
Phillips Co., of St. Paul, jointly:
&

/S/'r-W?

Ripley &

National

First

Re¬

—

of

Loup River Public

„

First National Bank of St.

Jaffray

Called

be

certified

a

refunding bonds of the

1926.

Dated June 1, 1924.
1954.

Due June 1,

dated

A,

1945.

.

125.98 Minnesota, Ru¬

will

directors /

bonds. The new

revenue

of

condition precedent to the

a

bid, the bid¬
required.... to deposit
with the Treasurer of- the District

Bethany, Nos. 131 to
140, in $500 denominations and
due Jan. 1, 1946, have been called
for payment on Jan. 1, 1945, by
the 'City of Lincoln, which
as¬
sumed liability for the bonds. The
bonds are part of a $60,000 issue
brought out under 'date of Jan.: i5
Village

Credits, 414% bonds, J-D,

ral

Bonds

Assumed
fund 43/i%

1, 1954.

Nos. 11 to 22, called

i

1, 1924.

As

der.

Lincoln, Neb.

9-year.
Due Jan.

914-year.

Certificates

V

Jan.

possible in a public agency, of thb
State of Nebraska, which transfer.
will be financed by issuance of ■

consideration of any

NEBRASKA

Schools,

33,000 at 126.72 St. Paul,
4%"%:
bonds,
J-J,

"the properties as soon as ;

title to

District.

1, 1949, and

ately

subsequent interest date.

any

Paul

St.

....

Halfe, Village Clerk, calls for pay¬
ment, at par and accrued interest,
the following certificates of in¬

upon the acceptance of such
bid, same shall ba-^'edueed in
writing in substantial accordance
with forms to be printed by the

able in full on March

9-year.
Due Jan.

126.211

discount, if any, and immedi¬

•the

Due $10,000 on March 1 from
1945 to 1954, inclusive.
Redeem¬

on

at

Kalman

awarded to

was

Co., of Minneapolis, as IV2S, at

&

1, 1924.

last

par.

Due June

Riverview, Mich.

•V

Schools,

10

414%
bonds,
J-J,
9V2-year. Dated July 1, 1924.
Due July 1, 1954.

ceases.

able

Oct.

Schools,

interest

all

Jan.

bidder.

the

to

Callable

refunding bonds offered

000

St.

1954.

1

ten¬

by

and

York,

New

Paul, jointly:

accepted by the City up until

ders

Bankers

$75,000 at 124.85 St. Paul
414%
bonds,
J-J,

mission, are most favorable to

Interest will be paid on all

of

bonds"without cost

the temporary

.

Sayings

&

Park-Shaughnessy & Co., of

opinion of the City Com¬

the

Trust

Chicago,

bonds will be exchanged for

The bonds will be awarded to
in full 6!4 years
issue, which is Dec.* the highest responsible bidder of¬
15, 1944.
.1 fering such rate or rates of inter¬
est as will produce the-lowest in¬
Yellowstone County School District
terest cost to the District over the
No. 2 (P. O. Billings), Mont.
life of the bonds, after, deducting
Bonds Sold—The issue of $100,the premium offered or adding

.

Bank,

Defini¬

funds in New York City.
tive

1945/

Monday, January 8,

/-

after date of

2701, were; awarded

p.

1946 to 1957, inclu¬

from

sive.

$450,000, offered for sale on Dec.

18,

160,

v.

$9,000

City Comptroller, that the various
State and, city bonds aggregating

bonds will be sold.
The

Sold—

Holdings

Fund

100.039, as previously noted in
p. 2798, mature Dec. 15, as
follows:
$9,181.56 in 1945, and

at

St. Paul, Minn.

Pontiac, Mich.
Sealed Tenders

in

CHRONICLE/

THE COMMERCIAL & FINANCIAL

150

par.

Dated ."Nov.'1, 1944. Denomi¬
$500. - Due $500 on Nov. 1

from

to" 1957

1945

inclusive.

In¬

Legality approved by

Vandewater, Sykes & Galloway of
New York City.

der

was" the

Bank & Trust

Only other bid¬
• National

Lincoln

Co., Syracuse, which'

offered 100.0275 for 2.70s.
New
.

Yah'(City

of). N. Y,
Comptrol¬

Bond Offeringr-City

ler Joseoh D.

McGoldrick has

an¬

nounced his intention to make, an

offering of $50,000,000 bonds and
bids are expected to be taken on
Jan. 16. The offering according to
,

will consist of 2-40-year
bonds, with an average life
of 15-years.
Part, of the proceeds,
of the financing will .be used in
report,

serial

connection

the

city's

with

construction

gigantic

Idlewild

of

Air-

-

Volume

port project. Other purposes in¬
clude improvement ot lapid tran¬
sit
facilities, water,
docks and
schools. All of the funds will be

employed in connection with proj¬
ects which were in progress prior
to ihe war or subject to construc¬
tion while the war is on.
The
forthcoming offering will mark
the city s second appearance in
the long-teim capital market since
Pearl Harbor.
On the previous

.

(EWT), on
Jan. 11 for the purchase of $1,300,000
tax
anticipation certificates
of indebtedness, to be dated Jan.
-

the

the fiscal !
They will be is¬

of Utica, for

City

1945.

nicipality awar d e d $13,740,000
bones for the Idlewild Airport to

sued

in

denomiations

syniacate headed by the Chase
io. al Bar k of New York CRy.
These bonds were issued as 13/4s,

'Bank

1974 in¬

to

194o

nom

clusive, and leoffered from a yield
of 0.43% to a dollar price of 99.50.
York

New

55—were sold by State Comp¬
C. Mcore for a total

troller Frank

price of $6,440,000. The New York
City serials included in the offer¬
ing

sold i

were

Bank, Chicago, at 107.68; Lot 3Yo
83 to the Chase National Bank o.

ihe lowest rate bid therefor, pay¬

The legal opin¬
Hoffman, King &
Dawson, New York City, will ac¬

able at maturity.

York, at 110.535; Lot No.'" 8the Chase Natt^rl Br~k; n'
109.882; Lot No. 85

Bank at 113.858.-All

to the Chase

city bonds mature in 1947
and except for $30,000

of the

1948

and

Dec. 1, 1948, all of
bonds bear 4V4% interest.
of

4V2s

the

Supreme Court on
refused to review lower

States

2

held

which

decisions

court

the above-mentioned agency,

inferentially,
bodies,

and,

and

subdivisions

that
also

Authority,

the Triborough Bridge

all

constituted

similarly
political

are

their bonds

are

provisions of
Federal income tax laws. Re¬

thus exempt from
the

quest that the court agree to re¬
consider earlier rulings of the Tax
Court

United

the

of

States

and

Circuit Court of Ap¬

the Federal

the certificates.

Election-—At

Bond

Jan. 9 the voters will consider

issue

of $18,000

acting in

latter

OHIO

Department.

-

Hazel Fleek, Clerk of
the Board of Education, that no

stated

by

unsuccessful

several

in

attempts

law to
The ; proceeding

have Congress enact a

to

effect.

that

against the Port Authority was
generally accepted as the first
step via the courts,, to ultimately
test validity
of the tax-exempt
status of evidences of indebtedness

bodies—States, cities,
counties, etc.
As a result of this
.latest rebuff by the United States
Supreme Court, and the past re¬
fusals of Congress to accede to
requests for appropriate legis¬

it would appear that
must acknowledge

lation,

Treasury

futility

pressing

of

the

:V:

further.

the

the
matter
•

..

Rochester, N. Y.
Bond Sale—The $2,214,000

fixed

been

as

yet for the $5 980,000 construction
bonds
the

voters at
general election.
"

approved by the

Nov.

7

%v''Bond Issue Details—An issue of
$230,000
2%
and
214%
works mortgage revenue

water
bonds,
second
issue, recently approved
by the City Council, will be dated
Dec. 1,1944, in $1,000 denomina¬
tions and mature June 1, as fol¬
lows: $16,000 from 1961 to 1971,
inclusive, and $18,000 from 1972
to 1974, inclusive.
Principal and
interest
(J-D)
payable at
the
Ohio Citizens Trust

cou¬

bonds offered Jan. 4—v. 161,
55—were awarded to a syndi¬
cate
composed of the National
City Bank of New York, Salomon
Bros. & Hutzler, R. W. Pressprich

Co., Toledo.

$511,water works system im¬

2%

000

provement

cently

to

bonds was sold re¬
Siler, Roose & Co. of
will

Eonds

callable

be

1954, or thereafter,

December,

n

of

issue

Sale—An

Bond

'

price of par.

•%;'

Cincinnati, Ohio
Bonds
Sold—It
is
stated

by

City Auditor, that
bonds aggregating
$107,000, were purchased, recently
at par. by the City Sinking Fund:

Henry, Urner,
the following

$80,000 2^4"% semi-annual street
improvement bonds., Due in
1

from

to

5

years.

-

27,000 " 2%% semi-annual hos¬
pital bonds. Due in from 1
15 years.

to

Dated Jan.

%

1, 1945.

Cleveland, Ohio
Transport

Bonds

Revenue

Re¬
to

Now—Pursuant

deemable

a

prepayment offer by the city, the
Guaranty Trust Co. of New York
liUiwilg

it

take,

all

up

VVlul

lUtlUb
.

city's

the

of

Wiii.Cn

3V4%

transportation

system
revenue
bonds dated" March 1, 1942.
Farmington Township (P. O. War¬
ren), Ohio
Bond Sale—The $8,500 fire ap¬
bonds

Dec.

offered

sisted

of:

$910,000 general refunding bonds.
Due on July I5f'as follows:

.

.

$17,000 in 1948*) $33,000, 1949:
$363,000, 1930, and $497,000 in
1951.
>
•
554,000 school refunding bonds.
Due on Julv 15, as follows;
-

$10,000 in

1948; $20,000, 1949;

$222,000, 1950, and $302,000 in
pavement reconstruction
Due $125,000 on July

bonds.

15 in 1946 to 1951 inclusive.

North




9

the

bonds

bear

to
;

;

;

Bank & Trust

Second

IV2S

was

77A% system so as to provide revenues
Medina, Ohio
% sufficient to
pay, as the same shall
$19,500 fire de-.
respectively become due, the prin¬
oartment
bonds for which
bids,
cipal and interest on the bonds, in
vvere received on Dec. 23—v. 161,
addition to paying the necessary
).
55—were sold to J. A. White.
expenses of operating and main¬
& Co., Cincinnati, as DAs, at a
taining the system and to establish

basis 01 about

price of

100.73, a

L.027%.

Dated Dec.

due

April

on

1946

1

1944,

and

from

and Oct. 1

inclusive.

1950

to

1,

bid

A

of

Goshen

(P.

high bid of 100.05 for
the First Na¬

Garrettsville.

Township School District
O. Damascus), Ohio

Expects Federal Aid—The

dis¬

trict expects Federal financial aid

connection
with
a
building
project for which an issue of
$150,000 bonds was approved by

in

the voters at the Nov.

Township

7

(P.

election.

O.

Char-

don), Ohio
Bond

Offering—E.

Sutherland & Co.,

Township

Clerk,

for

the

purchase

Johnson,

will

noon

of

on

Wood, Hoffman, King & Dawson,
of New York.
; 7
'

Darby Road, Upper Darby), Pa.
Municipal

A.
Cincinnati, reported
of Jan. 3, as follows:

White & Co.,

date

under

Prices

in

Ohio

the

municipal

market continue to hold firm but

unchanged, with our index of the
on

at

20 Ohio bonds standing
1.34%, the yield on 10

grade bonds 1.18% and on
lOAower grade bonds, 1.50%, all
unchanged
from
a
week
ago.

high

indices

Those

all based "upon

are

the bid side of the market for

10

maturities, so that the in¬
dices, beginning today, reflect the
yield on 1955 maturities. '
A year ago the yield on the 20
bonds was 1.40%, on the 10 high
year

grades, 1.23% and on the 10 lower
grades
tween

names

spread be¬
high grade

1.57%.
The
yields on: the
and

names

the

on

.347e

was

grade

lower

.a year

ago, com¬

pared with
.32%
today.
This
spread
was
smallest in April,
1944, at .29%.
7.
S.

II.

Holds

Court

Supreme

an

subject

State

of

taxation

to

by

divisions.

and

its

Noone, Township Controller, will
receive sealed bids until 7:30 P.M.
Jan. 22 for the pur¬
$200,000 not to exceed
2% interest coupon, registered as
(EWT)

on

of

chase

principal only, refunding and

to

15,
Due

1945.
Denomination $1,000.
$10,000 Feb. 15, 1946 to 1965.

Bids will be received for

the en¬

of

interest

issue

tire

at

rate

one

multiples of one-eighth of 17c
No bid combining two different
rates of interest will be accepted.
in

Registered

only.

principal

to

as

The bonds and the Interest there¬

tax or taxes,

deduc¬
except

inheritance

taxes,

will be payable without

on

tion

for

any

succession

levied

hereafter

or

now

or

future

or

of

law

as¬

or

sessed thereon under any

present

Common¬

the

wealth, all of which taxes the
Township assumes and agrees to

The bonds will be sold to
highest responsible
bidder,

pay.

the

for

hoga County. The high court, in
a
companion
case
involving a
housing project in Cincinnati, held
that
this
project was similarly

the

to

the

at

lowest

Township,

interest

cost

which shall be

deducting from the
total amounPof interest to be paid
on
account of such bonds during
determined by

the

life

thereof,

the

amount

of

premium offered, if any, over and
above the face amount of the is¬
These

sue.

will

obligations

be

New

York;

the electorate
maturing
during
the
months of March and April in

"

the

1945,

purposes

Series

900,000

and for no
whatsoever;
Due $45,000
Issued to

B.

Feb. 1, 1946 to 1965.

provide funds to be applied
to the redemption of existing
councilmanip bonds
heretoauthorized

fore

City.

the

by

Council and maturing during
the

Months
of
February,
March, April and May in the
year 1945, and for no other
purposes whatsoever.

Interest

is

rate

exceed

to

not

bonds/shall bear'interest at

exceeding the rate

not

The interest rate bid may

above.

be

different rate for each

a

sep¬

issue uniform for the entire

arate

the

of

life

rate

a

specified

bonds, payable semi¬

annually Feb. and Aug. 1, in each

the

during

year

which

be

may

,

thereof,

term
for

deduction

without

taxes

any

levied

said

on

bonds, or on the debt secured
thereby by the Commonwealth,

pursuant to any present or future
law (except succession, estate, in-,
heritance and gift taxes), the pay¬
which

of

ment

will

taxes

be

Municipal Authority,

The bonds will
be coupon bonds, exchangeable at
the City Controller's office at the
option of the holder at any time
for a registered bond or bonds of
the

maturity and denomina¬

same

tion

multiple thereof; not

a

or

ceeding

*

the

of

amount

bond

coupon

surrendered

bonds

therefor.

exchange
bonds shall

registered with the City Treas¬
and shall be re-registered

be

urer

only

the

on

of

books

City

the

Unless all bids

Treasurer.

are re¬

jected, the said bonds will be solcj
to the highest responsible bidder
complying with the terms of sale.
No bid will be accepted unless ,it
both issues

covers

bid

no

crued

less

at

will

interest

will

bonds

The

of

than

bonds, and
and.

par

be

John

Nuveen

&

Co.,

to

a

est

or omission of
otherwise, subjects

the repeal
or

Federal income tax the inter¬

on

bonds of

which

delivered

be

r to
City Con¬
troller at his office. The City re¬
serves the right to deliver to the

the

purchaser by the

bidder

successful

typewritten

temporary

a

printed

or

bond or
principal

bonds for the aggregate
amount of said

substantially in the

be
as

bonds which shall

form

same

definitive bonds to be thereafter

issued with appropriate omissions,

insertions
be

for

variations

and

as

the

required. Until their exchange
definitive coupon bonds, the

bonds shall be in full
effect, according to their

temporary
force and

terms.-•. Bids

made upon

be

must

which

the

opinion

of

Town-

Co., all of Cleveland; Field
& Co., Cincinnati; First
Cleveland Corp., Cleveland; Phil¬

send, Elliott & Munson, of Phila¬

lips, Schmertz & Co., Thomas &
Co. and Geo. C. Applegate, all of

the

$3,490,000

2V2%

an

refund¬

to

as

proceedings
thereof

authorizing
been

ap¬

proved by the Department of In¬
Enclose a certified

ternal Affairs.
check for

$2,120,000 serial revenue bonds.
Due Aug. 1, as follows: $80,000

of

the

27o of the face

payable
Township Treasurer.
bonds,

amount

to

the

or

2%

Enclose

of

amount

legally
a

on

all

taxable!

certified check

the

bonds bid

principal amount
for, payable to the.

City.

:

(These are the bonds that were
originally scheduled for sale/' on
Jan. 4.)
*
Yeadon, Pa.
Bond Sale—The

the

have

rate

property

therein.

delphia, and will be delivered to
the purchaser only if and after
issuance

the

real

purchaser
under the

favorable

bid¬

tion

of

Richards

Controller

from his
terms of

for

ard &

ob¬

purchaser,

the

purchaser to the return of the
amount deposited with the bid.
These bonds are issued subject to

Cunningham & Co., -alWof Pitts¬
burgh; Hayden, Miller & Co., Mc¬
Donald & Co. and Hawley Shep-

City

be

ligations of the City, payable both
as
to principal and interest from
ad valorem taxes, without limitaV

class or character

the contract of sale and entitle the

obligations

may

opinion of Reed, Smith, Shaw &
McClay, of Pittsburgh, that the
bonds are direct and general ob¬

Lynch, Singer, Deane & Scribner,
Glover & MacGregor, and S. K.

the

the

of

election

,

may

these bonds, will,

a

includes

at

ac¬

accepted.

upoh request.. The successful
der will • be" furnished with

exemptions

• or

in

Registered

from

terms by

ex-r

principal

aggregate

the

forms

of

as¬

sumed by the City.

tained

prior to delivery of the bonds
Federal-legislation which in

.

payable F-A. Denomination
$1,000.
Dated Feb. 1, 1945.
The

47c,

relieve

of

by

year

other

Chicago; E. H. Rollins & Sons,
Philadelphia; Moore, Leonard &

issue

heretofore

bonds

authorized

and

blank

from unlimited ad valo¬
taxes. The enactment, at any

time

Falls

:

rem

PENNSYLVANIA
Beaver

•

payable

tax-exempt.

ing water bonds, as follows:

3%

Dated Feb.

improvement bonds.

issue

local

tax purposes had
been made by the city and Cuya¬

properties

Scott

Robert

the

sub¬
An effort to assess the

Ohio

—

are

2, the United States Supreme Court
ruled that Federal Public Housing
not

Offering

provided such bid is not less than
par
and accrued interest.
The
highest responsible bidder shall
be the one who, having complied
with the conditions of sale, offers
to take the whole amount of the

Projects Non-Taxable.—
unanimous decision on Jan.

Authority units in Cleveland

Bond

Jan.

$10,500

Township (P. O. 2325

Havertord

Toledo.

(State of)
Market Firm—J.

receive
13

provide for re¬

Legality approved by

placement.

Ohio

Pittsburgh, has just purchased

L.

annual fund to

an

100.17 for IV4S was made by Ryan,

as

made by

electoral

These

Bond Sale—The

—

incl.

7

of

date

7

Due $30,000
Feb. 1, 1946 to 1965. Issued to
provide funds to be applied
to the redemption of existing

•

Pa.
l%s„ at par.
Dated Jan. 1, 1945 and due as fol¬
Bond Sale
A syndicate com¬
lows: $400 April 1 and Oct. 1 from
posed of Stranahan, Harris & Co..
1946 to 1950, incl.; $400, April 1
Inc., Toledo; Blair & Co., Inc., and
and $500 Oct. 1 from 1951 to 1955',
B. J. Van Ingen & Co., both of

Bloomfield,

All of the bonds ar»»dated. Jan. -sealed bids until

15, 1945.

of

7%

Co., New York City,
bonds, issued by the Au¬
thority, a public corporation of the
Commonwealth of Pennsylvania,
1969, inch Interest M-S. Bidder for the purpose of refunding bonds
may name a different rate of in¬
previously issued in connection
terest, expressed in a multiple of with acquisition of a privatelyowned water system, constitute, in
V4 of 1%. No bid for less than
the opinion of counsel, valid and
par and accrued interest will be
considered. A certified check for legally binding obligations of the
$4,800, payable to order of the issuer, payable solely from net
Board of Education, is required. revenues of the water works plant
and properties owned and oper¬
Massillcn, Ohio
ated by the Authority.
The Au¬
Bonds
Authorized—It
is
re¬
thority, in the opinion of counsel,
ported that the City Council voted
has power and is obligated to fix
recently to issue $6,000 police and
rates and collect charges for the
fire alarm traffic signal control services furnished
by said water

p.

Hartman

1951.

750.000

160,

v.

tional Bank,

.

Jan.

on

the purchase of $240,000 3%
building bonds. Dated Jan. 1, 1945..
Denom.
$5,000.
Due
$5,000
on
March 1 and Sept. 1 from 1946 to

30—

2702—were awarded to
the North Bloomfield Banking Co.,

York:

noon

for

In

paratus

Angeles, and C. F. Childs & Co.,
New York, as 0.90s, at 100.2399,
a basis of about,0.855%.
Sale con¬

until

interest

accrued

Edward

by

Series A.

$600,000

Dec. 15, 1944. Principal and inter¬
est (F-A) payable at the Chemical

Housing

pon

Estabrook & Co., all of New
R. H. Moulton & Co., Los

and

22

500,000:

30 days' prior notice, at

redemption date.

All

District Clerk, will receive,

run,

today

p.

& Co.,

sinking fund revenue
bonds. Due Aug. 1, 1980.
Re¬
deemable on any interest date
on
and after
Aug. 1, 1951,

.

yield

Bucyrus, Ohio

of all public

its

has

sale

of

date

The

income from all State,and munic¬
ipal tnnds should be subject to
Federal
taxation and has been

inclusive.

upon

10 A.M.

(EWT),
R. Frey,
City Controller, for the purchase
of the following coupon refunding
of
1945
bonds
aggregating $1,-'
Jan.

on

1,370,000

(P. O. Blachlick), Ohio
Bond Offering—Ben A. Woodsealed'bids

Pittsburgh, Pa.
Bond Offering—Sealed bids will
be received until

.

behalf

body has long argued that

1956 to 1958 inclusive;
$85,000, 1959 to 1970 inclusive;
$90,000, 1971 to 1974 inclusive
and $100,000 from 1975 to 1979

City School District (P. O.
Akron), Ohio
v
bond's.
Bond Sale Not Schedule—It is

Akron

,it a

of the Treasury

filtration dam

repair bonds.

instituted by the In¬
ternal Revenue Department which
was

was

.

an

Toledo.

apparently

;

election

an

on

peals, v. 160, p. 876, was made by
The liti¬

U. S. Solicitor-General.

gation

^

Mayville, N. Dak.

Be'levue, Ohio

Authority, N. Y.
Supreme Court Declines to Re¬
view
Tax-Exempt
Case — The
Jan.

Wood,

NORTH DAKOTA

Port of New York

United

of

ion

New

New York, at

at

interest

bear

to

& Savings

No. 82 to Harris Trust

to

York,

Lol

follows:

as

at the Chemical
& Trust Co., of the City of

New

J Portfolio Avva d—The $5,676,000
of various local municipal bonds
offered fcr sale on Jan. 4—v. 161.
p.

$50,000,

payable

each,

company

(State of)

of

151

from

ap¬

paratus bonds. One bond for $500,
others for $1,000 each. Due Sept. 1,
as follows: $500 in 1946 and $1,000
from 1947 to 1956, incl. Interest
M-S. A certified check for $500,"

15, 1945, and mature July 12, 1945. payable to order of the township,
Delivery to be made in New York is required. Bidder may name a
ex¬
City on Jan. 12.
The certificates different rate of interest,
pressed in a multiple of 34 of 1% . 7 7
will be issued against and be.re¬
deemed out of the Tax Levy of
Jefferson Local School District
of

a

will

be received until noon

year

Na

real estate purchase and fire

Utica, N. Y.
Offering—Bids

,

Certificate

occasion, in August, 1944, the mu¬

maturing-

& FINANCIAL CHRONICLE

THE COMMERCIAL

Number 4349

161

semi-annual

$28,000 coupon
borough bonds of¬

fered for sale on Dec.

29,

v.

160,

2455, were awarded to Schmidt,
Poole & Co., of Philadelphia, ac¬
p.

to Frank R. Culp, Bor¬
Secretary.
Dated Jan. 1,

cording

ough

.

THE COMMERCIAL &

152

1945. : Due

Stroud

Federal Public Housing

price

and

Rate

Co.

&

TEXAS

bids

.

Breckenridge, Texas
Sealed Tenders Invited —City

$ 3,789,000
230,000
1,800,000
1,135,000
183,000
314,000
430,000
1,120,000
8,507,000
483,000

Allegheny County, Pa
Annapolis, Md. u
Bremerton, Wash.
Charleston, S. C.__
Conway, Ark.
Fort

Wayne,

Greenville, S. C

ap¬

was

indicated)
Maturity

Local

Castleberry Independent School
District (P. O. Fort Worth),
Tarrant County, Texas
Bonds Voted—An issue of $30,bonds

-C

;

(Notes dated January 30, 1945 and maturing as
Authority
Amount

Secretary E. R. McCathren is call¬

construction

given herewith:

Bid Opening January 9

_______________

Island, 111.--- ———
Francisco, Cal.—

Rock

proved by the voters at a recent

San

election.

Scranton, Pa.

Corpus Christi, Texas
Bond Offering—H. S. Lowrey,

2- 5-46
2- 5-'46
2- 5-46 /
2- 5-46
2- 5-46
11-27-45..
5- 7-46
5- 7-46
2- 5-46
2-26-46

y

v

sealed

bids

until

P.M. on Jan.

3

(Notes dated January 30,

18, for the purchase of $1,500,000
2% State-aid seawall and break¬
water bonds.
Dated Dec, 1, 1944.

$250,000 in 1945 and 1946,

——

Chicago, 111.

1956, inclusive, are call¬
able at par and accrued interest
on
any
interest paying date on
and after June 1, 1951, upon 30
1,

County, Cal

Costa

Contra

Smith, Ark.
Johnstown, Pa. __——
Fort

—

—__
—.

days' published notice. These are
the bonds authorized at the elec¬
tion held on Nov. 25, by a vote
of 635 to 48.
Payable at the Cor¬

5,130,000
1,415,000
1,185,000
191,000

—

Richmond,

Tarrant, Ala.

National Bank.
In
price bid, the pur¬
accrued interest
from the date of the bonds to the
date of the purchase price.
By Jan. 18, 1945, the executed

—-—

—

''

2-26-46

•

8-28-45

-

2-26-46

>

5-28-46 i?
5-28-46
5-

*

2-26-46

'

2-26-46

Roanoke,

State,
the

to

service

charge to
will

bonds

also

B. J. Van
Ingen & Co., Coffin & Burr, all

without

the City.
The
be approved as

Horner

at

a

Texas
$75,000

at

authorized

Other bids were

accrued interest.

Harris

Trust

purchased by Robert Mclntyre &

Chicago,

Scott

of San Antonio.

Hc.le

County
No.

District

2

1

•

;

:

L.

■

and

Approved

Legality

of

issue

—

An

$124,000 2%% construc¬
dated Dec. 1, 1944, has
as to legality by

Bankers Trust Co., New
Salomon Bros. & Hutzler,
and F. S. Moseley & Co., jointly,
York,
York,

for

$1,515,000, iy2s, and $70,000,
iy4s, at 100.01, a net interest cost

Co., Peoples
Charlottesville,
Ballin
&
Lee,

Fenn & £o., Stone &
Blodget, Inc., Paine,

Phelps,

and

Webber,

Jackson

& Curtis, Gra¬

Smith, Barney & Co., Northern
Co., Chicago, MercantileCommerce Bank & Trust Co., St.
Louis, Mackubin, Legg & Co., and
Investment Corp. of Norfolk, Nor¬
Trust

.

Houston,
Issue

interest cost 1.5541%.
Lazard Freres & Co.,

&

Sons, jointly, for $175,000,
5y2s,
and
$1,410,000,
IV2S,
at
100.063, a net interest cost 1.56%.
Chemical

Bank

&

Trust

York,
Commerce
Union
Bank, Nashville, W. E. Hutton &

Co., C. F. Childs & Co., American
National
Bank,
Nashville,
and
First
National
Bank, Memphis,

interest cost

'

1.4349%.

R. S. Dickson & Co. and Miller &

Independent School
(P. O. San Antonio), Tex.

Patterson,

Sale Details—The

a

Antonio

District
Bond

stadium bonds purchased by
rett & Co. of Dallas, v.

?were

160,

jointly, for $910,000,
l%s, and $675,000, iy4s, at 100.06,

$30,000
p.

or

dated Jan,

Bonds due Jan. 16, 1950,
subject to call

after

that

date.

Webb County (P. O. Laredo),
Bonds.
Voted—An
issue

$300,000
was

chased

Inc., Stroud & Co. and F.
Craigie & Co., jointly, for

(

&

Co.', jointly'for'$1,445,000,

j and
Tex.

1.466%.

Halsey,
Stuart
&
Co.,
Inc.,
Kidder, Peabody & Co., Alexander
Brown & Sons, First of Michigan
Corp., and W. H.'Newbold's Son

and thereafter are
on

of

cost

16 in 1959 and 1960.

16, 1945.

$140,000,

iy2s,

iy4s, at 100.008,

a

J net interest cost 1.4817%.

of!

Hemphill,

Noyes & Co., Lee
Corp., Spencer Trask
recent election. & Co.,*Kearn, Taylor & Co. and

road construction bonds! Higginson

approved at a




Bonds

of

$280,000,
iy4s,
and
$1,305,000,
ry>s, at 100.0035, a net interest

1958, inch

are

recent elec¬

County Public Utility Dist.

No. 2 (P. O.

New York,

W.

Due $2,000 on Jan.:

All of the bonds

Pacific

& Co.,

price of 100.073,. a net interest
about 1.674%, as follows:
$26,000 l%s. Due $2,000 on Jan.
4,000 iy2s.

of

net interest cost 1.4365%.

National City Bank,

a

1946 to

a

issue
$13,000 construction bonds.

Estabrook & Co., Braun, Bosworth

/cost of

from

District

lution

and

State

charges

for

rates

eral

the

meet

and

interest

and

such

as

may

election, be relieved of his obli¬

gations under the contract to pur¬
chase the bonds and in such case

to

the
will

issue

are

repair, renewal
the

of

proving the bonds. Enclose a cer¬
tified check for 2% of the face
value of the bonds bid for, pay¬

and replace¬

District's

South Bend), Wash.

Purchased—A

syndicate

able to the State.

electric

system.
Tacoma,

G A fIA D A

Wash.

Bond Issuance Indefinite

—

Al¬

ALBERTA

though authorized to provide for
post-war construction, it has not
been definitely decided whether
the

$3,500,000

bonds

Edmontcn, Alta.
Bond Sale—The issue of

and

street

authorized

sewer
November

last

sold in

be

at such date

or

the

as

near

161, p. 56—was awarded to a
syndicate managed by the Domin¬
ion Securities Corp. of Toronto, at
a price of 100.078, a basis of about

future

will permit im¬

mediate employment

of the funds.

3.39%. Sale consisted of:

VIRGINIA

WEST

$400,000 21/2s, due $200,000 on Feb.

Election

—

1,000,000 3s, due $200,000 on Feb.

stated

is

It

election

will

be

held

on

1 from 1948 to 1952 inclusive.

2,000,000 3%s, due Feb. 1, as fol¬
lows:
$200,000 from 1953 to
1960 inclusive and $250,000 in

Feb.

15, to have the voters pass on the
of the following bonds

issuance

1961

aggregating $330,000: $150,000 rec¬
reational facilities; $150,000

All

was

scheduled

for

ed

bonds

Series
aggregating $588,000:
revenue,

1945

$326,000 2% refunding bonds. Due
as
follows:
$16,000 July 1,
1945, $16,000 Jan. and July 1,
1946, $17,000 Jan. and July 1,
1947, $17,000 Jan. and $18,000 July 1, 1948, $18,000 Jan.
and July 1, 1949, $18,000 Jan.
and $19,000 July 1, 1950, $22,000 July 1, 1957, $22,000 Jan.
;
and $23,000 July 1, 1958, $23,•000 Jan. and July 1, 1959 and
:

Jan. 1, 1960.

by the Royal Securities Corp.

M.

bids will

was

Matthew

that

Commission and interest

thus

1 p.m.

announces

(EWT) on Jan. 9 for the purchase
$1,000,000 4% road bonds. Dated
Jan. 1, 1945. Interest J-J. Coupon
bonds
in
$1,000
denominations
convertible into fully registered

nations.
1970.

to

:

Bond

and $5,000 denomi¬
Jan. 1, 1946
of interest to be

and

a

part a different rate.

of

bid. The bonds

Co.,

Montreal,

composed
Toronto,

McTaggart,

issue of $290,000

3% local

improvement bonds at a price of

con¬

sidered in any one

group

&

Montreal, purchased in Decem¬

ber an

Not

than two rates will be

of

Ames

Hannaford, Birks & Gordon, both

a

more

E.

Bank

multiple of y4 of 1%, A part
of the issue may bear one rate
in

i

Sherbroqke, Que.
Sale—A

A.

of

Due $40,000
Rate

to

;

;

QUEBEC

of

bonds of $1,000

confined exclusively

Canadian dealers.'

sealed

be received until

Neely

offering was not'

registered with Securities and Ex¬

Virginia (State of)

Offering—Gov.

dated

1,

change
West

1962.
bonds will be

of Montreal. This

Feb.

.16.)

Bond

and

the

of

1945. Second high bid of
99.777 was made by a group head¬

Feb.

construction, and $30,000
street improvement bonds.
(In our issue of Jan. 1, v. 161,
p. 56, we had reported that the
bridge

election

1946 and 1947.

1

Charleston, W. Va.
Bond

Seattle,

electric

$3,500,-

refunding bonds offered Jan. 3

000
■—v.

to

are

Chicago, Hartley Rogers & Co.
and associates, pur¬
recently
the
following

opinion

required to pay the fee for ap¬

be

necessary

operating and maintenance
expenses;
and to provide funds

ment

furnished

be

Caldwell, Marshall, Trimble &
Mitchell of New York, but will

of

to pay

for

will

with the final approving

in the

pursuant to the
as

deposit accompanying his bid
be returned.
The purchaser

purchasers

or

Resolution, together

sums

successful bidder may, at his

the

to
principal

bond

this

issued

be

of the

terms

of

such bonds

on

future

come

revenues

of

the terms of any Federal in¬
tax. law hereafter enacted,

by

ren¬

payments

declared
Fed¬
either by

Federal

customers,

adequate

be

laws,

Revenue or

and

non-discriminatory;
provide
sufficient

tax

income

ruling of the Bureau of Internal
by a decision of any
Court or shall be taxable

a

public and
which shall be fair and

private,

shall

be taxable under present

to

require the

electric service

to

all

law

establish

District

character

and

now

bonds of the same type

from

ers

composed of John Nuveen & Co.

Gar¬
2800,

sold to the bond house at

16

Bonds Voted—At

tion the voters approved an

First Boston Corp., Blyth & Co.,

:

\

the

private hold¬

income received by

as

ox

par

delivery of the bonds, the

the

to

such system is here¬
after extended.
The Bond Reso¬

an

County (P. O. Yakima), Wash.

general election the voters ap¬
proved an issue of $7,100,000 for

of

than

pedite delivery if desired interim
receipts will be furnished pur¬
chasers.
In the event that prior

by H. C. Walker, City Clerk, .that

Broadway School District, Yakima

7

owned

1.6146%.

WASHINGTON

$280,000, 6s, and $1,305,000,
114s, at 100.003, a net interest cost

system

jointly, for $1,015,000, l3/4s, and
$570,000, iy2s, at 100.063, a net

for

$500,000 sewer bonds. At the Nov.

San

Co.,

New

and

,

au¬

of the electric plant

revenues

Union Se¬

Corp., New York, Hornblower & Weeks, and E. H. Rol¬

Co., Crouse, Bennett, Smith & Co.
C. F. Cassell & Co., jointly,

Council
offering of

the
and

curities

the

that purpose.

been

legally binding obligations of
District, payable solely from

with

Bonds—City

authorized

has

Texas

the

,

& Co., Inc.,
Goldman/ Sachs & Co., R. W.
Pressprich & Co. and Eldredge &
Co., jointly, for $455,000, 2s, and
$1,130,000, IVzs, at 100.0199, a net
Ripley

ham, Parson & Co., Cruttenden &
To

and

dered

1.4922%.

&

1.415%.

Webster

W. P. Dumas of Dallas.

Stringfellow,

$280,000
5V2s, and
iy4s, at 100.004, a net

interest cost

approved

&

for

$1,305,000,

tion bonds,

been

Bank,

Hannahs,

jointly,

Savings Bank,

&

Rothschild

F.

National

Rural High School
(P. O. Plainview),
Texas

Bond

have

pursuant
to
provisions
of
the
Bond Resolution, constitute valid

.

lins

follows:

as

an

election last November have been
Co.

bonds

less

at

1, 1945.
Purchasers will be. re¬
quired to pay accrued interest to
date of delivery. Delivery will be
made in New York City.
To ex¬

together with such other
equal lien bonds as may be issued

Anthony & Co., jointly,
for $1,480,000, iy2s, and $105,000
l%s, at 100.028, a net* interest cost
1.4909%.
;:y, ■
- y
Chase
National
Bank,
New

Harriman

1945 and consist of $1,015,000
WW-2, due from 1946 to
1974, inclusive, and $570,000 series
WW-2, due Jan. 1, 1975, and call¬
able on any interest payment date
on or after Jan. 1, 1965, at 102 and

2%

Sold—The

bonds

these

payable. The bonds

sold

Accrued in-}
terest to be calculated from Jan.;

with the Constitution and Statutes

$1,410,000, iy>s, at 100.0179, a net
interest* cost 1.538%.

series

(P. O. Carrizo

Springs),
Bonds

airport

that

be

and accrued interest.

legal

The

due and

cannot

of the State and the Bond Resolu¬

$35,000 from 1953 to

All of the bonds are dated Jan.

certified check for $30,-

Dimmitt County

comes

re¬

5-28-46

1

folk, jointly, for $175,000, 4s, and

1,

000, payable to the Mayor.
>

the annual interest on said
principal sum there¬
of within the time this bond be¬

bond and the

thorized and issued in accordance

1, as

Jan.

1975.

reject bids not comply¬
the provisions, hereof;
waive irregularities in bids.

Enclose

1952, inclusive.

1974, inclusive and $570,000 in

with

to

or

follows:

Due

114s.

follows:

reconvene

ered; to

ing

as

Due $35,000 on Jan.

1 from 1946 to

all bids; to adjourn
the meeting
which bids are to be consid¬

and Scott,
Lynchburg,

net interest cost basis

1.369%,

1,340,000

any or

later

a

$245,000 5s.

purchaser without charge.
City reserves the right to

and

of

Mason

&

of about

the

reject

City;

York

100.016,

at

& Co.,

Forgan

New

of

Sykes & Galloway, of New York,
whose opinions will be furnished
to

general obligation water sys¬
bonds offered Jan. 5, v. 160,

Glore,

Call, of Dallas, and Vandewater,

The

\

dicate

legality by JohmD, Mc-

their

-

2704, were awarded to a syn¬
composed of Shields & Co.,

p.

Will be ready fonbdelivery
purchaser at the Capitol

National Bank in Austin,

to

of the

of Public Accounts

troller

tem

Va.

Sale—The $1,585,000 cou¬

Bond
pon

Comp¬

the

obligations.

funding

of

tax on

the State, until,
bond is fully paid, sufficient
in

to pay

provided above, from moneys
the District other than money
issuance

be levied and

annual State

property

said

ner

the

an

to

cause

collected

all

1, 1946, in part, at par
accrued interest, in the man¬

2-26-46

Tucker,

VIRGINIA

having been approved by
Attorney-General and having
by

annually

opinion of Wood, Hoffman, King
& Dawson, of New York, states

7-46

$29,960,000

bonds,

registered

it is agreed that,
prescribed by
the
Constitution,
the Board of
Public Works of the State shall
limits

the

within

after Jan.

from

available

for that purpose,

1, 1951, and subsequently, may be
at
any
time on and

derived

and rev¬

sufficient are not

enues

tion and,

addition to the

been

terest, when other funds

thereafter 101.00,

before Jan. 1, 1952; there¬
100.75, on or before Jan. 1,
1954; thereafter 100.50, on or be¬
fore Jan. 1, 1956; thereafter 100.25,
on
or
before Jan. *1, 1958,
and
■thereafter at par.
Provided, how¬
ever, that $398,000 bonds due Jan.

of

secure

bond, principal sum and in¬

this

or

and

!:5-28-46

To

1943.

1943, Chapter 4, Acts
the payment of

13,

JVlarch

the bonds
so called

known

Senate Bill

rolled

be

as En¬
No. 78, passed

Session

Regular

redeemed

chaser must pay

the

maturity

a

Legislature, 1943,

Act of the State

if

be selected
by lot, at the
following prices: 102.00 on or be¬

Christi

pus

of

and

,

R. I.
Va.
—San Bernardino County, Cal.______
Providence,

•'

623,000

Pa.

Montgomery County,

2-26-46

1,102,000
173,000

—---

King County, Wash.

000.000 State Road Bond Amend¬
ment and under authority of an

shall

Maturity

8,157,000
945,000
691,000

—

the highest

after

$ : 198,000 :
10,150,000

-..w-.,-,-..-

—

Chicago, 111.

,

^

~

all

maturity,

fore Jan. 1, 1950;

Amount

R
w
in
Tex
XjA U Wilovliic, j.ca. —

of

called at any one time,
of such maturity to be

1945 and maturing as indicated)
Amount
Maturity
>: $ 2,196,000
8- 7-45

Local Authority

n=o

June

than

less

^ A
' Bid Opening January 30
:
y
(Notes dated February 20, 1945 and maturing as indicated)'

$50,000 in 1947 to..1951, $100,000
cicn nnn
1QK4
in 1952, $150,000 in 1953 and 1954,
and
$175,000 in 1955 and 1956.
Bonds maturing June 1, 1952 to
1

City

York

New

Coupon form in $1,000* denomina¬
tions. Interest J-D. Due June 1, as
follows:

'■■V'.-v.'*

Local Authority

order

verse

$17,991,000

bearing the

interest

lowest

1, 1951, are redeemable at
time, together with accrued
interest, upon 30 days' notice on
and after Jan. 1, 1946, in the in¬

Bid Opening January 11

•

offer¬

the bidder

sold to

ing to take the bonds

as

rate and to pay^
price offered for bonds0
bearing such rate. -Principal and'
interest payable in lawful money
at the State Treasurer's office, or
at the National City Bank, New
Denomination
$1,000.
Dated
York. These bonds are issued un-: •
Jan. 1, 1945.
Interest payable J-J,
der authority of
amendment to
All bonds maturing on and after
the Constitution known as $50,Jan.

on

receive

will

Comptroller,

City

refunding bonds.
follows:
$19,000 Jan.
and July 1,
1951 and 1952,
$20,000 Jan. and July 1, 1953
and
1954, $21,000 Jan. and
July 1, 1955 and. 1956, and
$22,000 Jan. 1, 1957,

Due

,

any

.

■-

will be

1 %%

262,000

the

openings scheduled for Jan. 9, 11
and 30, for a total of $50,147,000
of temporary loan notes. *. The de¬ ;
tails of these note offerings are

being sought by 22 local

are

;

ing for sealed tenders until Jan.
23, at 2 P.M., of any of the city's
outstanding bonds.
w/'V

000

Authority

Local
Housing
Units Seek Bids on Notes—Sealed
Twenty-Two

given in the sale report.

not

were

with

authorities,

housing

UNITED STATES

Jan. 1 in 1950 to
best bidder was

on

Second

1970.

Monday, January 8, 1945

FINANCIAL CHRONICLE

99.82. Due serially on Dec. 1 from
<

1945

to

1964 inclusive.

\