The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
MONDAY
1943
jut 19
ommezcia
Reg.
Volume
158
U.
S.
New York, N. Y.,
Number 4195
STATE
Pat.
Office
CITY
AND
Price 60 Cents
Monday, July 19, 1943
a
Copy
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
1969, priced to " yield 1.20% to
2.80%; $2,571,000 3% serial bonds,
due in varying amounts April 1,
1969-1972, priced at 104.50%, to
yield 2.75% to 2.77%; $5,225,000
3V4% term bonds, due April 1,
1972, optional in various amounts
each April 1, 1944-1971.
The op¬
tional bonds are priced to. yield
In This Issue
Corporation News
f|! State and City News
York
Stock
Exchange
New
York
Curb
parable brochure, titled "Apprais¬
ing Arkansas," was published by
Halsey, Stuart & Co., Tnc.j- in
tion
April, 1941.
upward trend.
Exchange
Freres &
annual bonds offered for
July 13
—
awarded to
of Fox,
haust a total
V. 158, p. 41 — were
a syndicate composed
of
Reusch & Co., of Cincin¬
above
the Baum, Bernheimer
of Kansas City, and Lamar,
of Chicago,
Co.
LaBouisse of New
as 2s paying a* price of
101.09, a basis of: about 1.90%.
Dated Aug. 1, 1943.
Due on Aug.
1
1955 to
in
the
Among the other bids were
bank
or
Any tender may stipulate it is for
the purchase of all or none of the
tendered.
check
Enclose
for
1%
cer¬
the
of
a
face
2% Bonds
Equitable Securities Corp.,
; V
Milwaukee
Co., Crouse,
Bennett, Smith & Co.,.
<
and Kingsbury & Alvis,
,
' ,
jointly
—
101.05
Blair & Co., Inc., Halsey,
v ,
Stuart & Co., and Ward,
*■
ARKANSAS
;
;
Arkansas (State of)
r
.
.
Sterne, Agee & Leach,
jointly
—
100.58
Goldman, Sachs & Co., B.
J. Van Ingen & Co., and
Robinson-Humphrey Co.,
;
jointly
100.31
Graham, Parsons & Co.,
• -
&
Trust
National
;
Co., Kansas City, jointly- 100.27
V
Lee
'{
-
"
Higginson
Corp.,
Illinois Co., Chicago, and
Stubbs, Smith & Lombardo, jointly
100.17
;
& Mayes, jointly -i—-- 100.159
Tenders
First National
Bank
sinking
ham,
Invited
and depositary for
—
The
of Birming¬
fund
agent
the city, states
that it will receive sealed tenders
until
for
(CWT), on Aug. 17,
purchase of Tuscumbia
improvement
refunding
bonds, hospital refunding
bonds, General Refunding
bonds, all dated Sept. 1,
noon
the
public
l%-5%
3%-5%
"l%-5%
and
an
associated
of deal¬
group
made public
ers
offering on July
$22,111,000 State of Arkan¬
314% and 3%.
Highway re¬
funding bonds of 1941. The bonds
15
of
sas
a part of a total issue of
$136,330,557 authorized by the General
Assembly of 1941 to refund the
outstanding
obligations
of
the
are
issued under the refunding
authorized
in
1934
and
designed to remedy the 1933 de¬
fault in payment of principal and
as
\
minerals
processing
products.
Thirty-
are
found
in
be expected to expand
may
the'economic status of the pop¬
ital
on
its present
Given the cap¬
managerial
skill
continues
ulation
.
,
the
and
.
which the State's
and
resources
invite
to warrant, Arkansas
stands on the threshold of impor¬
tant further industrial develop¬
appear
ment."
/ ;• ■.:
■::' ■
«
H;;
CALIFORNIA
Ar¬
/
95%
Of Bonds
The
fully described as
and coal.
gas
"Arkansas
now
-
.
accounts
^
President of the
1
sold
warrants
of all domestic bauxite pro¬
jointly to Blyth &
& Co., both of
Sariy Francisco, as noted here—v.
158, p. 41—were purchased at a
price of 100.012, a net interest cost,
of about 2.34%, on the warrants
Kaiser
and
Co.,
Though under' existing
enormously; increased' demands
(to offset reduced imports result¬
ing from war-time shipping diffi¬
culties) its reserves of presently
divided
known
higher-grade ores are be¬
ing rapidly consumed, recently
improved
reduction
facilities
as
follows:
$100,000
as
I1/2S, due on Jan. 1, 1945; $100,000
as 2s, due on Jan. 1, 1946; $200,000
as 2i/4s, due on Jan. 1,
1947, and
$338,000 as 2V2S, due on June 25,
1948. Denom. $10,000, one for $8,000.; Dated June 28, 1943. Prin.
and int. (J-J) payable in lawful
money at the District Treasurer's
1950, $450,1951, $470,000 in 1952,
make possible the profitable utili¬
$488,000 in 1953, $510,000 in
zation
of its
lower-grade ores,
1954, $532,000 in 1955, $555,000
which
exist; in quantities ade¬
in
1956,' $582,000
in
1957,i
quate, according to well informed
$605,000 in 1958, $630,000 in
sources, for many years.
Where¬
1959, $655,000 in 1960, $685,as
previously all bauxite mined
000 in 1961, $707,000 in 1962,
in
Arkansas
was
shipped else¬
$900,000 in 1963, $782,000 in
where for reduction and manu¬
1964, $796,000 in 1965, $828,facture into aluminum pigs, both
000 in 1966, $943,000 in 1967,
.
"
the $738,000 refunding
tors* that
duction.
in
Board of Direc¬
:
for
Warrants maturing Jan. 1,
office.
1947, shall be subject to call and
redemption (as a whole, or in part
by lot) at the option of the district
$895,000 in 1968, and $341,000 ^processes are now carried on at at par and accrued interest on Jan.
fwo
recently completed mills of
in 1969.
or July 1,
1946. After all of said
the most modern type. These were
2,571,000 3%
highway bonds. financed by Defense Plant Cor¬ warrants have been paid and re¬
Due April 1, as follows: $412,tired, but only on and after Jan. 1,
poration and are operated under
000 in 1969, $860,000 in 1970,
1946, and oh any interest payment
lease by Aluminum Company of
date thereafter, warrants maturing
$864,000 in 1971, and $435,000 America.
The two plants repre¬
June 25, 1948, shall be subject to
/.
in 1972.
sent an investment of .about $70,call and redemption (as a whole
5,225,000 31/4% highway bonds, 000,000."
or in part by lot) at the option of
Due April 1, 1972.
Optional
Under the heading of Agricul¬
the district at par and accrued in¬
April 1, as follows: $171,000 ture, the brochure points out that
terest.
The right is reserved to
;
in
1944,
$200,000 in
1945, the Arkansas cotton yield in 1942
call said warrants for redemption
$232,000 in 1946, $171,000 in was 1,485,000 bales (third among
subject to
the
conditions that
1947, $189,000 in 1948, $255,- the Southern States).
The per none -of said warrants shall be
000 in 1949, $340,000 in 1950, acre
yield of 362 pounds was the called for
redemption unless the
$175,000 in 1951; $170,000 in highest the State has attained..
money in the Second Refunding
1952, $172,000 in 1953, $171,- Production of soy beans and pea¬
Bond Reserve Fund is equal -to the
t " 000 in 1954, $170,000 in 1955, nuts more than doubled. >
aggregate of one year's interest
$171,000 in 1956 to 1960, $170,Arkansas is also reported third
then next to accrue on all of the
000 in 1961, $171,00 in 1962,
among the Southern States in the warrants and all of the
refunding
$90,000
in
1963
and
1964, production
of timber
and
the bonds of the Second Refunding Is¬
V
$171,000 in 1965 and 1966, State in 1941 (latest
available sue of the district then outstand¬
$90,000 in 1967, $172,000 in figures) produced approximately
ing.: •
"
1968, $171,000 in 1969, $170,- two billion feet of lumber and
000 in 1970; $193,000 in 1971
683,300 cords of pulpwood, the
and $295,000 in 1972,
manufactured value of which was
:
interest
the
on
.
.
.
State's
highway
-
obligations.
The bonds constitute,
opinion of counsel, valid
the
in
obligations
of
the
State
for
the
:jndex
f Dated
April 1, 1941. Denomina¬
^Principal and interest
(A-O) payable in-New York, St.
payment of which, both principal
and interest, the full faith and
Louis
more
tion $1,000.
sources
The
Tuscumbia, Ala.
Sealed
com¬
■
mineral
natural
1949; $430,000 in
credit of the State and all its
Blyth & Co., First of Mich¬
igan Corp., and Hendrix
canning, abat¬
plants, creameries,
poultry
-
fered—Halsey, Stuart & Co., Inc.,
program
;
Bank
$22,111,000 Bonds Publicly Of¬
State
Bacon, Stevenson & Co.,
Steiner Bros., and City
;
.
both
"
.
.
Gov¬
A
.
tendered including their numbers.
tified
of
:
the
at
amount t>f the bonds tendered.
-
For
mentioned
bonds
the-approval
Homer M. Adkins.
its
five
•
are more
000
complete description of the bonds
1963 inclusive.
following:
W-
Chemical Bank & Trust Co., New
York. All tenders must contain a
&
Kingston
Orleans,
sinking fund deposit
$23,277.34.
V
;
All tenders must state the time
and
place of delivery and the
place of; delivery must be at the
nati, the Commerce Union Bank
of Nashville, McDougal & Condon
for
consumption.
furniture manufacturing and lowcost apparel for local consump¬
of
•
sale on
prepared
in this field and in the
1936, due Sept. 1, 1966, Public Im¬ folows:
provement Refunding 2V2% bonds $14,315,000 3lA % highway bonds.
and
General
Refunding
2Vz%
Due April 1, as follows: $356,bonds, both dated March 1,, 1942, Vf' 000 in 1946, $375,000 in 1947,
due Sept. 1, 1966, sufficient to ex¬
$390,000 in 1948, $410,000 in
$425,000 Capi¬
refunding semi¬
outside
toirs,
with
ernor
Incorpo¬
Company,
Description
tal Improvement
establishments
and
Such operations as
and
.
bonds
Birmingham, Ala.
-
in cooperation with State officials
Co., The Northern Trust
Dickson; &
rated.- 0'/.'. •
(See Index Below)
Bond Sale—The
were
pany,
Miscellaneous
ALABAMA
illustrations
Hornblower & Weeks, C. F. kansas, of which 25 are being
Imperial Irrigation District (P. O.
Childs
and Company, Equitable produced commercially.
Those of
El Centro), Calif.
Securities Corporation, Mullaney, greatest present economic impor¬
Additional Information — It is
tance
are
bauxite
Ross & Company, Commerce Un¬
(from which
now reported by Evan T. Hewes,
ion Bank of Nashville and R. S. aluminum is made),
petroleum,
Unlisted Securities
■
and
Company, Otis & Co., Bank of
America, A. C. Allyn and Com¬
Out-of-Town Listed Markets
„
a
24-page brochure entitled larger
"Re-Appraising Arkansas." Text local
al dates, and 3V4% thereafter to*
u
"The greatest recent gain, in
maturity.
The 1972 maturity is Arkansas," the brochure states,
"has been in its mineral produc¬
priced to yield 2.85%.
Other
leading participants in tion; likewise one of its greatest
the
offering includes:
Lazard potentialities for future gains lies
QUOTATIONS
New
of
0.75% to 2.85% to the first option¬
'
are
are
Act
irrevocably
under
issued
which
provides,
re¬
pledged.
the
bonds
other
things that the first $10,250,000
of highway revenues going into
the State Highway Fund in each
fiscal year shall be set aside in the
ratio
of
70%
among
qxclupively
for
highway debt service and 30% for
highway maintenance.
■
The present offering consists of
$14,315,000 32/4% serial bonds, due
in varying amounts, April
1,1946-
or
approved
Little
by
Rock.
dro
Legality
Thomson, Wood
Industrial
Progress
Impressive—A comprehensive re¬
view of the industrial and agri¬
cultural
progress
and
and
potentiali¬
ties of the State of
extensive
trated by some 100
cated
Arkansas, illus¬
photographers,
is
being published
by
Halsey,
Stuart & Co., Inc., Chicago and
New
York, it - was * announced
July 9.
The
-
«...
-
publication is in the form
$96,000,000.
Quotations:
situation, both hy¬
steam-generated, is re¬
fields of which
in the
^
are
take
two
courses,
for
local
and
253
Exchanges........... 274
Securities
279
277
State and
City Deptrement:
and Negotiations.
Financing in June....
General Corp. and Investment News
Dividends Declared and Payable...
Redemption Calls and Sinking Fund
,
Bond Proposals
Municipal
Notices
lo¬
manu¬
demand
Page
,
Unlisted
The
Federal
I*
Bank
Clearings
Rates
Condition
Combined
Member
of
Exchange
280
250
Statement
of
Reserve
Banks............
Banks
Condition
250
.Capital
and
First
250
State-
ment
New
241
246
251
247
247
....'
Course
Foreign
small
,
Canadian Markets—Listed and
The brochure concludes by stat¬
factures
,
Curb "Exchange........ 269
Stock
Unlisted
State.
"Specifically,
the
State's
further industrial expansion will
■'
Stock Exchange........
New York
Other
ing:
,
York
New
ported as favorable, with 57 gen¬
erating plants exclusive of pri¬
vate industrial units, in operation
and two large generating plants
in process of installation.
One of
the latter,- a 30,000-kw. unit, will
be fueled with purified sour gas,
&
Hoffman of New York.
Arkansas's
than
The electric
Flotations
Six Months
for
June
»
283
THE COMMERCIAL & FINANCIAL CHRONICLE
242
1%
300
Montague Water Conservation Dis¬
(P. O. Montague), Calif.
Bond
Interest
Assessment
IDAHO
fund* 18th Series,
sewer
First Issue coupon bonds.
trict
xm,
the New Britain Na¬
Legal approval by
at
or
Water Conservation District,
Cat, against the district and Sis¬
kiyou County.
Dist,
(P. O. Caldwell), Idaho
No. '28..
Bonds
Sold
compelling the Board of Su¬
pervisors to levy an assessment of
$1,045,000 on the Water District
lands, the amount allegedly being
the interest total due on outstand¬
Mr. Buell sets forth in
ing bonds.
Jhis
that his share is
$900,000.
In the action against the dis¬
trict, Mr. Buell seeks to cofnpel
tne latter to register the interest
coupons
due and payable from
Jan. 1, 1931, to Jan. 1, 1943, on the
complaint
than
more
bonds Mr. Buell holds.
Nevada
Irrigation
Grass
Bonds
/
Offered
(P.
O.
to
Public—A
semi
Sale
—V.
at
158,
of
Van
.Voted Special Revenue and Gen¬
eral Obligation, Third Issue bonds
to
to
yield from 0.70% to
%, according to ma¬
1
in
turity.
Dated June
15, 1943.
Due Jan.
12
9 to
$43,000 in 1964,
$45,000 in 1966,.
$48,000 in 1968,
$51,000 in 1970,
1971 and 1972.
Bonds, maturing in 1971 and 1972
are- callable on
and after Jan. 1,
1945 and bonds maturing in 1967
to 1970 are callable on and after
1963,
1965,
$40,000, in 1967,
$50,000 in 1969,
.and
$41,000 in
in
in
-
Numbers
•
$
being directed to deposit any and
16A4/18
17A1 to 19A1
Federal
20A1
Jackson¬
1, 1949.
Such bonds are call¬
of their
able in the inverse order
respective maturities (and by lot
within a maturity if less than a
Plant City,
Fla.
will be received until
July
21,
Auditor
by
and
F
^
Sealed
—
18
a.
27a 1
J. B. Peeples,
Clerk, for the
bonds
.
;
City
Numbers
to
119
$405,000
cPoor Relief
-."v
: v
Rate
1 .%•%'
:
or
/ aggregating
the District
sub¬
$50,000 road improvement bonds
eration
by
county to issue
ing bills and judgments.. *
Cottonwood
y'-.
Tp.
(P.
O.
•'
y
Toledo),
yyv- in.
tion
the
voters
aproved
load
the
recent elec¬
a
said
are
issuance
improvement
have
to
of
and
$8,000
-
Fund, * 1942, Nos.;
ject to assessment (unless funds
P-92 to P-153, dated Feb. 24, 1942/
are
otherwise provided by the
Free Text
Book Fund, 1942,;
any subsequent interest pay¬
District) in accordance with the
ment date.
Bonds maturing Nos. T-226 to T-378; dated Jan. 26,
California Irrigation District Act.
1V
\
%■■/- in- 1973 will be redeemable at 1942.
v;> f.
1
the option of the City in the
Holders of these warrants were
COLORADO
Playground
said
to
issuance
of
are
the
Galesburg,
city
and
the
city
the
voters
a
the
of
a large area outside
limits, voted favorably
the proposition of establishing
municipal airport, the Cost of
on
which
from
vote
it
is
estimated
$200,000
will
run
The
$300,000,
to
;
8,968 to 3,855.
was
nautics
III.
Offering—Sealed
of
'
»
Issuance Proposed—At
election
Commission,
the
under
Bond
■ ;
; /
:.
Provision is. made for
law
power
bids
an
Aero¬
who
has
to issue
bonds to purchase land and to
until 7.20 p.m.
levy a tax to pay principal and in¬
(today), by Alfred terest as
they become due.
y
Nystrom, City Clerk, for the purehase;; of y$170,000 coupon"water Sticknsy Tp. (P. O. Stichney), lit*
Bonds Vpted—At the
revenue
bonds.
Interest; rate is
election
be
received
July
19
not to exceed
held
said
2%%, payable M-N.
$1,000.
Dated May
1,
Due on Now l as follows:
$7,000 in 1944 to 1953, and $10,000
in 1954 to 1963. These bonds
June
on
3,
in¬
terest payable at the First Gales¬
burg National Bank & Trust Co.,
1943.
Principal
and
Galesburg.
Said bonds are pay¬
able solely from the revenues to
be
derived
from the operation
of
a
municipally owned water
works system and the bends may
be registered as to principal only
name
in
the
of the holder
the
The
best
bid
of
office
the
on
the
City
City Will accept
or
better,
of Tpar
specifying the lowest rate of in¬
City Treasurer.
-
'
Olney, III.
.
■
imp't
*
•
-// ■■/
are
the issu¬
road
$35,000
bonds.'
1
'•
INDIANA
authorized by the City Council on
May
voters
approved
the
of
ance,
the
29
have
to
were
'
1942.
voters
wide margin.'
a
Bond
bonds.
■
maturities, at par and accrued
interest, on Aug. 1, 1953 or
the
approved
recent
a
/Bonds Voted—At
to the
of- numbers
order
verse
u
than $8,000,-
more
Marion
\
*
.
_
County (P. O. Indianapolis)
'
Ind. ;
Sale
Warrant
The
—
$625,000
tax
anticiptaion warrants offered
July 14 — V. 158, p. 145 — were
awarded to Campbell & Co. of In¬
dianapolis, at 0.75%. interest, plu?
a
premium of $105.
Dated July
30, 1943 and. due Dec. 15,. 1943.
The Fletcher Trust Co. of Indian¬
apolis and Associates, second high
bidders/ named a rate of 0.75%,
plus a premium of $41.60. ■ ,'y /'y
North
'
option of the City in the in¬
■
'
have
legislation enacted at the
000 in bonds to pay all outstand¬
$34,00.0. refunding Issue of 1943,
34/2 % bonds.. Due $17,000 on
(taxes) upon
annual assessments
all of the lands in
'
*
Tp. (P. Q. San
y y ; Jose), ill. y •
1
Bonds Voted — At a' recent
Manchester
School Town
(B. Q. North Manchester), Ind.
Bond
ing
Sale—The.. $38,500 Build¬
of
1943
semi-annual
offered .for. sale
bonds
July 12—V/
15.7* p. 2390.—were awarded to the
Harris Trust ,& Savings Bank of
.
pur¬
bonds bid for.
Prairie Creek
/
terest. y Said bonds will'be
de¬
4,000 y; 1%%'
168 to 225;
10,000 ; ' iv2% livered with the approving opin¬
ion of-Chapman &b Cutler of Chi-,
cago* said opinion to be paid for
v$800,000 y
by the City; and alt bids must be
;; Judgment Tax
so
conditioned.;-; The purchaser
Rate
Numbers
Denomination
will be' required to furnish the
5A8/10, 6A1/10 ; - necessary printed bonds.
Enclose
!o\
& 7A1/10 y .- .$
5,000 y
a" certified check for 1%
of the
8A1/50
;
•/.
1,000 4' 1 y4%] par value of the bonds payable
13s to- i67 i1"
$165,009,/> .V,;
called), at par and
Accrual of interest stops July 12,
accrued interest upon 30 days' no¬
Aug. 1 in 1946 and 1947. d.
1949.
tice by the Sinking, Fund.
These 465,900 refunding, Issue of 1943,
Chicago Board of Education
bonds are part of an authorized
4% bonds. Due on Aug. 1 as
(P. O. Chicago), III.
7/
issue of $1,500,00.0, the balance of
follows: $18,009 in 1948 and
Warrants Called—It. is reported
which may be issued in the future
1949,
$2.0,000
in - 1950
and
that J. B. McCahey* President of
when additional irrigation works
1951,
$22„000
in
1952
and
can be constructed.
Principal and
the Board of Education, called for
1953, $21,000 in 1955, $24,000
interest payable at the District
in 1956,. $9,000 in 1957, $36,- payment on July 9, the following
Treasurer's office. The legal opin¬
> ' j
000 in 1968, and 1969, $39,000 tax anticipation warrants:
Educational Fund, 1942, -Nos.
ion of Orrick, Dahlquist, Neff &
in 1979 and 1971,. $41,000 in
E-693 to E-1124, dated April 1]
Herrington of San Francisco, will
1972, and $100,000 -in 1973.
state that
the bonds constitute
and May 1, 1942.
.4':,-.-..^;
Bonds maturing
in 1968 to
valid and binding general obliga¬
Building
Fund,: 1942,, .Nos.
1972 will be redeemable at the
tions of the District payable from
B-1723. to.. B-2909, dated.' Feb. 2,
full maturity is
amount of
certi¬
a
principal
closing session of the State Legis¬
lature,..which would permit the :Q//\;;I;y Springfield,
Treasurer.
-
10,000
$
Enclose
powers.
Green has before him for consid¬
books
%
Denomination
137
full
election
in the
i
//:-/ Vy"/:,'./;
$499,000:
1*4%
,
.
on
chase of the following coupon
registered
iy4%
5,000
50,000
15,000
'
bids
m.
Rate
>
24A1 to 26A1
be barred from,
Offering
/
.
%v/.r % '■ i
..iy4%
59,00.0
iy4%
20,000
W%
V,/30,000 / iy4%
10,000
iy4%
♦
•
:
23A1
District.
>'■
taxing
fied check for 2% of the
County (P. Q. Chicago), III.
1943.
'
*1,000. ::iy4%
21A1 &22A1
asserting their claims against the!
Bond
>,
.
50,000 f; iy4%
'
secured by the
are
.
•
Denomination
•
16 A3
or
y
The bonds
faith and credit of the City and its
Band Issuance Measure Pending
—It is ; reported
that Governor
on
$ 50,000 '♦ iy4%
•
Sanitarium
Notice to Bondholders—Holders
District Court
;>:y
$350,000 '-/J
1945; $37;- ville, Fla., the disbursing agent,
1947, $40,-1 within 30 days from June 23,1943;,
1949, $30,- or thereafter with the Clerk of
$31,000 in the United States District Court,
District
of. Florida,
1953, $32,000 in 1954, $33,000 ins Southern
;1955, $34,000 in 1956, $35,000 in Miami Division, for payment in
195,7 and 1958, $38,000 in 1959 and accordance with the amended In¬
•I960, $40,000 in 1961 and 1962,, terlocutory Decree of the U. S.
$42,000
,
Municipal Tuberculosis
in
in
000 in 1948, $41,000 in
000 in 1950 to 1952,
:$44,000
$5,100,000
■
15
to
District
Bank,
St., on or before/July 15,
1943, in order that same may be
verified and/ interest computed so
that cash warrants drawn' on the
city treasurer may be issued in
whichever bid it may deem to be
most advantageous to the City.
Denom.
13
of bonds of the above district are
Reserve
iy8%
Denomination ;~Rate
(P. O. Lake Worth), Fla.
i
1V8%
~
iy8%
1%%
-1,000 •: iy8%
100,000
iy8%
Public Library
.
,
Numbers
1, as follows.'$16,000
000 in 1946, $39,000
Jan.
;
;.
all of the district's bonds with the
2.835
about
50,008
1982, and $95,008 in 1963,
Lake V/orth Drainage
price of 107.3056. a basis of
about 2.42%, and is offering these
at
May
on
Salle
will
■;
as
1950; $300,000 as 3s, due
to
■>,/'
Rate
100,000
101A1 to 124A1
$1GO*OOQ on May 1 in 1952 to 1954,
the remaining $895,009 as 3V4s,
due on May 1; $100,000 in 1955
a
for general subscription
$50,000
due
IS43
$150,000
$
J.0OA6/55
of New York,
follows:
the Guar¬
9iAy4 to 95Ay4
: 25,000
86A1/10 to 100A1/5 10,000
price of 102.50, a net interest
cost of about 2.99%-, on the bonds
2%s,
prices
74A1&75A1
a
as
or
Denomination
76A34 to 90AV2
Palm
and Cohu & Torrey
& Co. of Chicago, Kaiser &
Co., Weeclen & Co., both of San
Francisco, and Thomas Kemp &
.Co. of Los Angeles, purchased re¬
cently $1,070,000. 3% semi-annual
bonds
Numbers
of Sullivan,
West
City Treasurer
'ff.Corporate
Nelson &
Beach, B. J.
Ingen & Co. of New York,
Goss
on
anty Trust Co., New York: %
July 10,
awarded
syndicate
a
—
July 12,.the following
1942 tax anticipation warrants ag¬
gregating $6,820,000 to be paid on
presentation through any bank to
the
revenue
on
41—were
auction to
composed
divided
at
bridge
p.
public
•••••*
The,, $1,345,000
—
annual
-
syndicate composed of John Nu.veen
:
Warrants Called
payment
bonds offered for sale
at
Calif.
Chicago, III.
f
City Comp¬
R. B. Upham .called for
V
Robert Hawkins & Co. of Boston,
District
Valley),
Bond
.
cago*
Cook
ILLINOIS
troller
(P. Q.'A
Pensacola), Fla. ' '
Treas¬
Margaret Gipson states that
$54,000 construction bonds have
■
Escambia County
the
Education, City of Chi¬
Room 352, 228 North La
payment thereof.
FLORIDA
.
District
of Public Investments.
interest may be considered.
der
£4
Sch.
urer
Bids for less than par and accrued
gue
Indep.
County
Storey,
Thorndike,
Palmer
&
Dodge of Boston,, whose opinion
will be furnished the purchaser.
Mr, Buell is asking a court or¬
Canyon
been sold to the State Department
tional Bank.
Buell. holder of bonds of Monta¬
present them ^ to
Board of
Denom.
J1,000. Dated July 1, 1943. Diie
£10,000 from July 1, 1945. to 1954
incl. Prin. and int. (J-J) payable
at the First National Bank of Bos-
Sought—Arguments were recently
completedMn Trinity County Su¬
perior Court before Judge C. A.
Paulsen in suits brought by W. E.
required to
Monday, July 19, 1943
on
Chicago* as. Is, paying a price of
109.359, a - basis of. about 0.86%,.
Dated Aug., 1, 1943.
Due,on Jan.
1 and July 1 in 1944 to July 1,
3:948.
y
y Bond Call*—The City Commis¬
IOWA
sion is said to have passed a reso¬
lution to call for payment on Aug.
,
SEC
1, a total1 of $17,000 water refund¬
ing bonds. ;'■ ■/-yy 'yy-yyy-y. ■/% torney
.
..
^Des Moines, Iowa
Peoria, III.
/.
1 Sealed
Contract
vited—It
stated
is
ported
on
In¬
ties
and
has
Local
At¬
Utility Hearings—City
Fred
Archibald.
T.
Liew
Van
re¬
July 8 that the Securi¬
Exchange Commission
ruled
Proposal
by
Against
Rules
on
Solicitor
out of hearing a pro¬
Davidson, City Cl£rk,
that posal by Gregory Brunk, local at¬
sealed proposals will be received, torney, seeking municipal owner¬
at
hisyoffice until July 20, at ship of Des Moines gas and elec¬
5 p.m., on a contract to acquire the tric utilities. •
'
water works properties located in.
The - SEC
is now considering
D..
the
city; said proposals to include' purchase of those utilities by the
offer tn purchase Water Revenue
bonds on a basis of at least par
Continental
and accrued interest;
script of proceedings in the hear¬
made
on
a
award to be
Gas & Electric Corp.
Mr. Van Liew said that a tran¬
basis of lowest net in¬
ing before SEC Examiner wyw.
Swift in Philadelphia, Pa., showed
reject any Mr. Brunk was found to be en¬
and all proposals. and to waive titled to
only a "limited parti¬
required to present them to the technicalities. Specifications are
cipation in the hearing."
Board of Education, City of: Chi-' on file at the office of the
City •:The SEC Examiner, - Mr. Van
cage,
Room 352* 228 North La Clerk.
;y,yy;y;y;, -;,;;';y;';yivy; ,/ Liew said, ruled that Mr. Brunk'k
Salle-St., on or. before July 8,
proposal was not involved and
Quiney, Hll
1943, in order that same may be
that he could only present testi¬
verified and interest computed so
Bond Offering—Sealed bids will
mony in opposition to the pro¬
that cash warrants drawn on the be received until 7.39 p.m. on July
posed purchase by Continental
city treasurer may be issued in> 19 (today), by Duke Shroer, City
Gas & Electric and cross examine
payment thereof.
:
Clerk, for the purchase of $191,witnesses.
'
Board of Education
Warrants 0.00 2% coupon airport and land¬
Basing his ruling on a principle
ing field bonds.
Denom. $1,000.
Called—It is reported that X'. B
laid down in/decisions/in two
McCahey, President of the Board Dated Oct 1* 194L Interest pay¬ earlier similar cases, Mr. Swift,
Due Oct. I* as follows:
of Education, called for payment able A-G.
according to the transcript, held
on July
16, the following. Board $9,00.8 in 1944 and 1945,, $10,009 in that no; further evidence with ref¬
of Education tax anticipation war-' 1946 to 1949, $11,000 in 1950 to
erence to the Brunk plan should
rants:
'
1953, $12*009 in 1954 to 1957, $13,'•>
be brought "until the Commission
Educational Fund, 1942* Nos. E- 009 in 1958, and $14,000 in 1959
has issued an order on the plan
The bonds are registerU25 to- E-1508, dated May 1 and and I960.
directing that a hearing be had
able
as,
to. principal and were
June 1* 1942.
with respect to it or that it be
Building Fund, 1942* Nos. B- authorized at an election held on
consolidated with this proceed¬
2909 to. B-3645, dated Feb. 2, 1942. Sept. 16* 1941..
Principal and in¬
ing."
Playground Fund* 1942, Nos. F- terest payable at the City Treas¬
Accordingly, the examiner or¬
154 toP-191, dated Feb. 24*1942. , • urer's office.
The right is re¬
Free Text Book Fund, 1942* Nos.; served to reject any and all bids* dered stricken most of the testi¬
T-379 to T-473, dated Feb. 24* r and in the event that two. or more mony anci exhibits presented by
Brunk* retaining only the
1942.
bids are equal in amount, the City' Mr.
Holders of these warrants ,wer€
reserves
the
right
to r accept portions which oppose the sale of
terest
cost
reserves
to
the
the
right
city.
The
city
to
.
inverse
Otero
County Sch.
Districts (P.O.
Junta), Cola*
Warrants and Bonds Called—
The County Treasurer is said to
have called for payment the fol¬
La
lowing warrants and bonds:
School Dist. No, 11, all warrants,
registered to and including
May 1,
1943.
School Dist. No. 3,
dated Aug,
'School
bond No. 17,.
1, 1934, maturing Aug,
Dist. No.
11, Refunding
dated Aug. 1, 1935,
maturing Aug. 1, 1943.
Sch. Dist No, 11, Funding bond
bond
No. 4,
No.
4,
dated Aug. 1, 1935, matur¬
ing Aug. 1, 1943.
Bond
be
Britain,
until
11:30
1945
or
numbers
at
interest
on
subse¬
any
quent interest payment date.
Denomination
$1,009.
Dated
Interest payable
No bkls of less than 101 Va
Aug.
1/ 1943.
F-A.
•
and accrued interest will be
sidered. The
'full
con¬
faith and credit
of the city will be pledged to the
of
oayment
the
bonds
and
the
City will he obligated to levy and
collect unlimited ad valorem taxes
all taxable property* includ¬
homesteads, ha an amount
sufficient to provide for the pay¬
upon
ing
ment. of
said bonds.
The
bonds
will fee validated by judicial de¬
cree in a proceeding now pending
Tne approv¬
ing opinion of Thomson, Wood &
am,
on
of
New
York,
will
be
furnished..
The bonds, will be de¬
livered
the .successful
July 20, by W, H. Judd,, President
of the Board of Finance and Tax¬
fied
ation, for the purchase of $100/-
bid for.
1,.
Hoffman
Conn.
Offering—Sealed bids will
received
Aug.
ill the, Circuit Court,
CONNECTICUT
New
and accrued
par
: /
of
'order
on
to
Aug. 2, 1943.
check
for
Enclose
2%
bidder
a
certi¬
of the bonds
.
•
-
...
.
„
'
•
/
i..:
•/•
!
,
f
.
;
.
»
..nr
^Volume 158
'
THE COMMERCIAL
Number 4195
Continental Gas & Electric
or
are
cross-examination of witnesses.
;vji' Mr. Van Liew • said that SEC
could order a separate hearing on
the Brunk plan, if it desired. J-,
i
He said that all parties to the
hearing had been given until July
(11 to file briefs and 12 days ad¬
r
ditional in
which to -file reply
.briefs; Mr. Van Liew and Finance
Commissioner
T.
Harry ,» Vicker
represented the city at theliearing
•
:
The refunding will leave Perry lates tax ' rates, assessments and
County with $303,000 in 5% Road tax collections of the State of
and Bridge bonds1. \ These bonds Louisiana and-its
municipalities,
in
mature
such
a
Mr.
manner,
Lynn explained, that after the
funding,- the
need
an
re¬
will
sinking- fund
yearly- income
average
of
$38,930 for the next 10 years
to meet all principal and interest
of :
maturities
all
9,
7"
"
10
J f'
s Lenox, Iowa
'V1 Plans Refunding Issue
D. L.
—
Bare, Town Clerk, reports that the
municipality is hopeful of refund¬
ing the $20,000 5% water works
bonds'maturing Oct. 1,1943, at ap¬
proximately half of the present
interest rate.
■
1
■
tion
This
f
date
in
with
*
detailed
•
regarding
ment
of
City.
vThe
information
their1
1938
exceed the amounts the
20-cent tax levy for the purpose
years
up
to
contained
'Louisiana
Bond
Bond
.
Sale—The
water
ann.
for sale
on
f
semi-
$13,000
system bonds offered
July 8—V. 158, p. 42—
awarded
to Shaw, McDer-j
Sparks of Des Moines, as
•2%s, paying a price of 100.238,
according i to the Town Clerk.;
Dated July 1, 1943.
Due on Novi
were
'mott .&
j7ln
and
a circular entitled "Bonded
of Louisiana, Its Agencies!
Subdivisions," also prepared
by A. M. Smith'Investment Com¬
pany, a tabulation
the
State
bonded
$40,000 and $50,00(SMwould remain debt and that for
the City of New!
in the sinking fund.'" This will
Orleans.
The report shows that
make up annual deficiencies for
while the State increased its debt
the next four or five years, he
by $21,036,540 to $157,153,000 dur¬
Said
'•
V
-A' >5
ing thejiO-year period, 1933-43;
"At that time," Mr. Lynn said,
the
City of New Orleans de-i
"it will be the clear duty of the
creased its debt by
$21,435,060 to
Fiscal Court to refund such bonds
$55,083,020 in 1943. ' '
7 77';!
as
it cannot pay,-or, to provide
..State
agencies,
namely, ' the
greater safety, to refund all bondsi
which have matured'and create a Louisiana State University, Char-j
1 in 1946 to
1, 1953.
1962; optional
on
•
,
Nov.
J;
,
Story County (P. O. Ames), Iowa
Voted—At
Bonds
held
June
on
30
the
election
voters
the
ap¬
proved the issuance of the $100,000 county hospital bonds by a
wide margin.
•
KENTUCKY
;
-
sinking fund surplus," so that an-;
nual refundings will be unneces-;
Street
to
the
of
ac¬
the
of
ity; Hospital and State Board of
Education, which had no debt in
1933, now have $18,639,000 bonded
sary."
Declaring the County's indebti' debt;
Under parishes and their sub-<
edness "appears to be well within
the limits set by its financial abil-i divisions,- road
indebtedness
is
listed
as
having been. reduced
ity," Mr. Lynn said, "all-that is
1933
when
required is relief from too-heavy $19,476,450 ^ since
No.
•
De¬
dinance
of the
bonds
City are pledged for the re¬
demption of the principal and in¬
provides
are
equal
exempt
described
made in
In the event that
holders
from
notes
by
of
the
addi¬
no
with
above.
the
Said
interest
from
a
prior
the
or
bonds
principal
thereon
are
all
under the laws of the State.
ever
bonds
are secured
by a sta¬
tutory first lien created by said
pricate
the
and
The
to the delivery of the notes
received
while
State, County,
City, Incorporated Village, Muni¬
cipal and other taxation whatso¬
Federal Reserve funds in Detroit.
Interest on notes will
be paid
income
that
outstanding,
standing
of
the
Michigan
as
issued which shall have
livery.:
prior
the
tional bonds payable from the
rev¬
enues
of
said
system shall be
in the proposal and accrued inter¬
est on principal to date of de¬
semi-annually.
of
1933,
amended,
Ordinance No. 1987 adopted
by the Board of County
Super¬
visors on Nov.
10, 1942, Said or¬
partment and the faith and credit
Payment to be
94
•
and
Depart¬
of the
Railways
revenues
Act
Public Acts of
.
,
-Melcher, Iowa
'
cost
Compilation and subsequent sup¬ terest of the notes.- Delivery in
The supplement sells Detroit, New
York or Chicago
at $7.50 per
'copy.
;7 ;7 • — 7j upon payment of amount maimed
presenting the(
bonded debt picture in
Louisiana,
Lynn said that after paying all is revealed an
interesting con¬
back interest nowv due,* between
trast between
likely is to produce annually, Mr.
Proposals will be
interest
informa¬
brings
243
cepted on the basis of the lowest
net
bond issues. -;
new
supplement
the
Debt
While requirements for the first
f
-
together
purchaser.
outstanding plements.!
i
After 10 years, the annual
requirement
will
drop -below
bonds,
^whicfr opened in Philadelphia on $25,000, he added; ^7/^7!
June
& FINANCIAL CHRONICLE
act
same
and
said
type and character shall be tax¬
whole
able by the terms of any Federal
Income Tax Law, the successful
ordinance
the
upon
Southeastern
in
such
companying
turned.
his
The
proved
to
as
Wood &
York, without
be
will
Hoffman
ap¬
interest
New
Tenders
cost
neces¬
The
expenses.
if
to
the County aftqr
premium offered,
Interest on premium, if
deducting
to the suc¬
Enclose a certi¬
fied check for 2% of the par value
of the notes, payable to the City.
Bond
maintenance
bonds will be awarded to the bid¬
der whose bid produces the lowest
expense
bidder;
said
and improvements there¬
after the payment of the ad¬
sary
Thom¬
of
of
ministrative, operating and
re¬
be
legality by
son,
cessful
bid will
notes
revenues
thereto
of)
the deposit ac¬
case
the
Oakland
County
Sewage Disposal System (includ¬
ing appurtenances and extensions
bidder may, at his election, be re¬
lieved of his
obligations under
the contract to purchase the notes
and
of
any,.
the
any, will not be considered
ductible
as
de¬
in
determining the net
interest cost.
In determining the
Accepted—In
net
interest cost, interest will be
computed to the respective bond
connection with the call for tend-*
maturities during the bonded indebtedness totaled $44,-t ers on June 7, of non-callable
maturity, dates from Aug. 1, 1943.
next 10 years, which can be af-, 159,750. ^Schools likewise reduced bonds, it is. reported by Charles
The bonds may be registered as
debt!, by, $1,179,230
forded through the process of ex-; their,
from G. Oakman^City Controller, that to
principal only. No bid for less
in
1933.,' Drainage the
city accepted ^offerings of
tending principal maturities by $21,289,050
than par and accrued interest or
debt was also reduced, the total $278,000
means
of refunding."
bonds, at an
average for less
than all of the bonds.
falling from $14,626,800 in 1933 to yield of 2.155%.
1
M 7
7
1; V '•
f
;-V
Bond Principal and Interest To
7
■
' 7 ; : 7
7
principal
,
Clay County
O. Manchester),
(P.
.
-Holders
r
Issuance
of
5%
road
Pending —;
and
bridge
bonds, issues dated May 1, 1923,
March 1, 1928, and March 1, 1936,
v
being advised that a hearing
i will be held at the office of the
State
Local
Finance
Officer,
are
•
Frankfort, Ky., on July 28,', at
10
a.m.
(central war time),-to
consider the petition of the coun'
ly for approval of the issuance of
bonds
to
refund the currently
-•
outstanding portions of the above-
"
issues.
described
Leslie County (P.
Bond Sale
.
—
"
The $83,000
semi-f
,anual road and bridge refunding
bonds offered for sale on July 9
—V> 158, ? p.
42—were
purchased
the Bankers Bond., Co.
of
Louisville, according to report.
Due on July 15 in 1944 to 1983.
by
R.
Perry County (P. O. Hazard), Ky.
Bond Refunding Plan Approved
interest
unpaid
accrued
July 26, 1943, and all
to
interest
coupons
draft
from all unma¬
Holders may draw
the
State Local Finance
on
Commonwealth of
of the
Officer
bonds
and/or
attached, through any
Frankfort,' Ky.*
In the
Kentucky,! with
in
bank
case
thereon
past-due
bonds.
tured
-
of bonds and/or coupons re¬
and Order of
Satisfaction and Release suitable
for
filing with the court rendering
must, accompany
the bonds and/or coupons/ After
July 26, 1943, none of the abovedescribed indebtedness,
whether
such-judgment
or
not reduced to
bear
•/*.*•
refunding bonds to
monies for retiring de¬
faulted road and bridge bonds. In
his
approving order, Mr. Lynn
'
•
•
.
wrote
that
the
refunding opera-
tion, -"will remove long-existing
default, and will place the County
in
position hereafter to keep its
This will put an
a
bonds current.
•
t
end
to
almost
and costly both to
and its creditors.'
Saying "it hardly needs to be
observed that such results will be
beneficial both to the County and
three
the
'
j
litigation which has been
continuous for the past
years,
County
judgment, shall
additional interest.
77..'
LOUISIANA
#
Baton Rouge,
Bond
Mayor
Fred
S.
Le
Blanc
f
Mr. Lynn
awarded
were
July
on
12
an¬
recently that the city
July 1, exercise the op¬
tion to call for payment 4%, semi¬
annual, Public Improvement Gold
217,
or
or
the
the
the
National
Bank,
Fidelity National Bank, all
Interest
ceases on
.
date called.'
■■;-...
Eunice, La;
to
Detroit,
ceases
Trust
Company.'
Boston,
Deposit
J;
7
&
"7-y7
-:■*
! Med ford, Mass. ,
7 Bond Sale — The $40,000
.
;
pon v
semi-annual
cou¬
mains
water
bonds offered for sale
July 12
on
—V.
to
as
158, p. 146—were awarded
Harriman, Ripley & Co., Inc.,
Is; paying a price of. 100.63, a
basis of about 0.86%.
Dated July
for
Is,
received
offering
the- next highest
were
offered
by
John
Co., the other by Ar¬
thur Perry &
Co.; 7;
1
Nuveen
of
be
one
&
"77' .'7'■••,'■•;
Bond
-;
' 3.V-T V.
—
received
Pontiac),
••
Sealed
until
11
7
bonds.
ceed
Tp. Sch. Dist. No. 5, Mich.
7 Sealed Tenders Invited—Sealed
...
.
Note Offering—Sealed bids will
be received
until 10
(EWT),
a.m.
Interest rate is not to
bonds,
dated
nomination
1
ex¬
follows:
as
Jan.
1,
1943.
De¬
Due on Jan.
$20,000 in 1948 to
$1,000.
1952, $25,000 in 1953 to 1957, $30,000 in 1958 and 1959, $35,000 in
1960 to 1962, $40,000 in 1963 and
1964, $45,000 in 1965 to 1967, and
$50,000 in 1968 to 1973.
interest to
of 1%.
be
in
Rate of
multiples of V4
All of said bonds will be
subject to redemption at the op¬
tion of the County on any one or
interest
payment, dates on
and after Jan.
1, 1947, at par and
accrued interest together with a
premium of 3% of such par value
plus Vs of 1% of each year or
fraction
thereof
1947;
Bids
to
are
be
for the
date.
on
Bonds
.
Denomi¬
interest payment
7
any
A....-,
-v.s
should
be
delivered
■77;777'77 Mich.
V
Tenders
tion
to
with the
call
debtedness
A
bonds
and
of
redemption,
shall
the
total
on
called for
any
bond exceed 5%
redemption
on
any one
payment date, then such
redemption
numerical
shall
order.
be
inverse
in
Notice
of
re¬
demption shall be given by pub¬
above
reported by Edward Parkin,
Secretary of the Board of Educa¬
tion, that no tenders were ac¬
cepted.
7 777"
Troy Tp. Sch. Dist. No. 6 (P. O.
R.F.D. No. 4,
Birmingham), Mich.
$118,000 cou¬
refunding bonds
of 1943 offered for sale on July
12
V. 158, p.
147 — were
awarded to a. syndicate composed
of H. V. Sattley &
Co., Crouse,
Bennett, Smith & Co., and Miller,
Bond
pon
Sale—The
semi-ann.
—
the
for
on
refunding Series
district, it
the
in
event
tenders
is
bonds
caled
for
:7
connec¬
July 12, of 1937 certificates of in¬
the
no
:
Rejected—In
but
interest
to
callable
1, 1934.
Due March 1, 1964,
&
1943. \ Denominations
$!,000 each.
Due $90,000
15, and $85,000 July 15, 1944
nation $1,000.
price
premium
than
■
Dated March
Kenower
of its par value.
If less than all
of the outstanding bonds shall be
ess
Detroit..
*
paying
be¬
on'July 22, by Charkes G. Oak-
1
by lot by the National Bank
7 '.■:■■
*7 '.
of
redemption" and
the respective maturity dates of
intervening
tween the date of
man, City Controller, for the pur¬
chase of $700,000 Street Railway
revenue
notes.
Dated: July
15,
r not
tion
m.
3%; payable~J-J.Coupon
more
Burton
September
and accrued interest, said
bonds being selected for
redemp¬
the National Bank of
Detroit, De¬
(EST), on Aug. 3,; by Earl L.
Clark, > County - Drain
Commis¬ troit, for payment on September
1.
Interest ceases on date called.
sioner, for the purchase of $905,000 Southeastern Oakland County
Royal Oak Tp., Sch. Dist. No. 7,
Sewage Disposal System revenue
.
MICHIGAN
by Oscar
par
bids
a.
interest
a
cost
issue
Co.,
all of Detroit,
100.101, a net
of about 3.28%, on
of
divided
as
follows:
$88,000 maturing May I, $2,000 in
1944, $3,000 in 1945, $2,000 in 1946,
$3,000 in 1947 and 1948, $5,000 in
1949 to
1963, as 3s, to May 1, 1948,
thereafter to May 1, 1953,
3%s, thereafter to maturity;
$5,000 maturing May 1,1964, as 3s,
3V2S,
and
to
Nov.
after to
1, 1954, and 3%s, there¬
maturity; $5,000 maturing
deliver the $131,000
Bonds Sold—It is reported that purchase on Sn all-or-none basis lication thereof not less than 30 May 1,
1965, as 3s, to Nov. 1, 1951,
I worth of 40-year refunding bonds,
$46,000 gas utility revenue Are- at the greatest premium above days prior to the date of redemp¬ and 3%s, thereafter to May 1,1953,
•bearing 3lh% annual interest to funding bonds have been pur¬ par; and all bids shall
stipulate tion at least once in a newspaper, and- 3%s thereafter to maturity;
■the Bankers Bond Company of chased as
214s, 214 s, 3s- and 314s, the lowest rate or rates of interest or - publication circulated in De¬ $10,000 maturing May 1, 1966, as
Louisville on July 22 or 23.
He by Barrow, Leary " & Co. of which the prospective
purchaser troit, which carries as a part of its 2 Vzs, to Nov. 1, 1947, 3s, there¬
added that the company already
Shreveport.
Dated Dec. 1, 1942. will require thereon. * The inter¬ regular service, notices-of the after to May 1, 1948, 3V2S, there¬
•: had bought the bonds, subject to
est on any note shall not be in sale of
municipal bonds. ^Prin¬ after to May 1, 1953, and 33/4S,
Louisiana (State of)
approval, at a price 3% above the
excess of 21/4%. The notes will be
- ly!
cipal and interest of said bonds thereafter to maturity; and $10,000
''
ably
would
•
-
$1,000 par value.This will coVer
a fee to the firm for serving as the
Statistical - Supplement • Com¬
pleted—The A. M. Smith Invest¬
transaction,
resulting in the County receiving
ment
County's agent in the
par
value.
'
/
Co., New Orleans municipal
bond firm, has just completed its
1943
supplement
showing vthe
issued
in
coupon
form
with
privilege of registration as
principal and interest at the
the
to
op¬
tion of the holder and
may be re¬
registered;
without
cost
to
the
are
payable solely from the
enues
land
of
the
Southeastern
rev¬ maturing May 1, 1967, as 2s, to
Oak¬ Nov. 1, 1944, 3s, thereafter to May
1948, 3%s, thereafter to May
1953, and 33/4s> thereafter to
issued pursuant to/the provisions maturity.
County
Sewage
System and the bonds
Disposal
are
1,
being 1,
The Commercial and Financial
Chronicle (Reg. U. S. Patent Office) William B. Dana
Company, Publishers, 25.Spruce St.; New York 7, N. Y., BEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
Sfcitwtv President j William D. Riggs, Business
Manager, Published twice a week [every Thursday (general news and advertising Issue) with a statistical issue on Monday]. Other
offices: Chicago—In charge of Fred H. Gray, Western Representative. Field
Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1943 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,
William
•
Dana
$26.00 per
-
year;Jin Dominion of Canada, $27.50 per
and Africa, $31.00 per year.
7,.
>
1, at
'
Mich.
Offering
be
called for payment on
de¬
Detroit Trust Co.|
(P. O.
.
Bond Call—It is stated
payment. ;* Interest
County
Pontiac, Mich.
Eckman, Director of Finance, that
refunding bonds,. Series B, are
indebtedness;
should
call date.
on
wil
Boston
the
for
,
Safe
Jan.
said the County prob-
livered
Bank of
City National Bank
Louisiana
certificates
Second National
,
or
1937
Said: certificates
and
the
District Sec¬
—
retary Ralph J. Jolly is calling for
payment on Sept. 1, at par and
accrued interest, all
outstanding
Oakland
as
222, 223, 224, 233, and 242, aggre¬ tenders will be received by Nels
gating $10,000, drawn-by lot for E. Aagesen, District
Treasurer,
payment.
- A,!. -7Ji!
until noon (EWT), on .July 24, of
Dated July 1, 1905.
Denomina¬ district bonds.
tion $1,000.
Said bonds may be
A ' Detroit, Mich. " '■
presented at the City Treasurer's
office
Certificate Call
.:'7'7
II, Mich.
at
on
bonds Nos. 106, 178, 205, 211,
Ecorse Tp. Sch. Dist. No.
follows: $50,000 to the
Merchants >; National'
Bank
of
Boston, and $50,000 jointly to the
0.386%,
tenders,
nounced
will
,
* *
Treasurer, ,' that
temporary
loan
notes
$100,000
100.22
La,
Redemption A Notice
creditors," the Finance Of¬ in Baton
Rouge, at the option of
declared,
"it
is
equally
the holder.
Said bonds and ac¬
obvious that both the County and
crued interest to July 1, 1943, are
the
holders
of the
unmatured
payable on that date.
. . J,
bonds" will benefit by a 1 %% rerate.
Town
7 Two bids
to its
duction in the interest
Dunn,
Due $5,000 from July 1;
1944 to 1951 inclusive.
7:-y;:77'7;'
ficer
•
Notes Sold—-It is stated by John
P7
1, 1943.
$131,000
provide
.
duced to judgment,
approved the county's plan to is¬
sue
r
•
-
7 —It is stated that Harry R. Lynn,
;
State Local Finance Officer, has
•
\
'
.
'
„
,
11
coupons
O. Hyden), Ky.
•
.
• y
Lynn, State $10,186,805 in 1943.
„r,City,, town and village debt in¬
Local Finance Officer, announces
creased from $24,138,598 to $29,4
that the county offers to pay the
061,380. 7;.
7
principal of all past-due bonds of
'c,7 •"
' r-;7:'7'7
" '
'' J'
the
road
and 'bridge
bond 5s,
:
"f MASSACHUSETTS
dated Jan. 1, 1923, June; 1, 1925
and Jan. 1,
1928,' together with
Vt ; Framingham, Mass.
Paid—Harry
Be
Bond
V
year
South and CentrarAmerica, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia
NOTE: On account of the fluctuations in the rates of exchar
ge, remittances for foreign subscriptions and advertisements must be made in New York funds.
.44
r
trm.f *• 1■+ *
W «tVWa1»
\
V
A .»
•*■>#
H
,'i :i
4
14,' it
•
i\
'
«
►'«1» » *rm
*r*nr.r'%W
THE COMMERCIAL & FINANCIAL
244
\
I
»
I vW
'"■ *
>«A A J*
v
»**v«h
CHRONICLE !
Monday, July 19, 1943
'
Wyandotte, '. Mich.
Awarded
j
—
The
city
of the
bonds
following
!
ag¬
Bonds of City
gregating $172,000, offered for sale
on
July 12—V.- 158, p. 43—were
awarded to Braun, Bosworth &
Toledo, at a price of 120.161,
average basis of about 0.965%:
Co. of
an
water works exten-
$108,000 5%
1918.
Due
1926.
Dated
•
Due
ex¬
June
June
on
Harriman
bonds, which will be the largest
single reduction ever made in one
year. The last of the Sinking Fund
bonds in the amount of $444,000,
will be retired in 1944, and as a
which offered
of
result, the Sinking Fund Commis¬
sion automatically will be liqui¬
of
as
December 2, 1944.",
(P.
15,
was
Sale
Bond
coupon or
fering 119.873.
were
awarded to a syndicate com-
oosed of Harriman
MINNESOTA
Ripley & Co.,
Inc., Drexel & Co., of Philadelphia,
Dist.
Smith, Barney & Co., Lehman
(P. O. Houston), Minn.
Bros.., both of New York, the First
Bonds
Offered—Sealed
bids
Boston Corp., Lazard Feres & Co.,
were received until 8 p.m. on July
Blyth & Co., Goldman, Sachs &
16, for the purchase of $62,500
Co., both of New York, Mellon
not exceeding 1%% semi-annual
Securities
Corp., of Pittsburgh,
refunding bonds.
Shields & Co., Phelps Fenn & Co.,
Dated Aug. 1, 1943.
Denomina¬ Union Securities Corp., Kidder,
tion $1,000, one for $500.
Due
Peabody & Co., Blair & Co., Inc.,
Aug. 1, as follows: $2,500 in 1944,
Graham, Parsons & Co., Glore,
3,000 in 1945 to 1960, and $4,000
Forgan & Co., Paine,
Webber,
in 1961 to 1963. Principal and in¬
Jacksoh & Curtis, F. S. Moseley &
terest, payable at any bank or
Co., R. W. Pressprich & Co., all of
trust company to be designated by
New York, Harris, Hall & Co., of
the
purchaser.
The
approving
Chicago, Hallgarten & Co., East¬
opinion of Dorsey, Colman, Bar¬
man,
Dillon & Co., Hemphill,
ker, Scott & .Barber of Minne¬
Noyes & Co., E. H. Rollins & Sons,
apolis, will be furnished,
Estabrock-& Co.. Merril .Lynch,
County Indep. Sch.
Houston
15
No.
Pierce, Fenner & Beane,
MISSISSIPPI
that
and
the:
.
Clerk
semi¬
sold to
bonds
Walton & Co., of Jackson;
O. B.
4
City
$20,000
Paid—The
Price
states
annual
refunding
the
State
& Trust
Bank
Co.
Brookhaven, jointly,-as 2s and
i:l%s~V. 158, p. 147—were purof
Chased at par.;
* •
•
NEBRASKA
Act
On
Soon
Utility
Acquisition—The City of Omaha,
is expected to act soon
toward acquiring properties of the
Nebraska Power Company, virtu-
Neb.,
J ally all of the outstanding com¬
mon
.
stock of which is held by the
parent
a
the American
Co., according to
company,
Power & Light
report in the New York "Jour¬
12. The
nal of Commerce" of July
bill
authorizing the city to
take
properties
was
the
over
utility
signed by Governor pwight Griswold on May 29.
However, it
,
was
approved by the Legislature
by less than a two-thirds major¬
ity, and for this^reason a waiting
period of 90 days was necessary
under Nebraska laws before the
measure
could
be effective.-, A
the bill specifically
authority of
the
Metropolitan Utilities
Dis¬
trict of Omaha (gas and water)
to take over and operate any elec¬
provision in
removes
tric
the present
utility
the
city
might
ac¬
quire.
Power
Company
Acquirement
Pending — A bill authorizing the
above city to acquire the Neb¬
raska Power Company is said to
become effective 90
Toledo, Salomon Bros.-& Hutzler,
of New York, W. H. Newbold's
Son &
Nuveen
Co., of Philadelphia, John
& Co., of Chicago, Yarnall
Co.,' Moncure Biddle & Co.; A:
Dougherty & Co., all of
&
Webster
days after ap¬
group
Corp.,
Tucker,
Kean, Taylor
Lee
Higginson
Anthony
& Co.;
& Co., Barr Bros. &
Co., Hornblower & Weeks, A. C.
Allyn & Co., Laurence M. Marks
& Co., all
of New York, Janney &
Co., Butcher & Sherrerd.
both of
Philadelphia, Singer, Deane &
Scribner, of Pittsburgh, Stroud &
Co., Elkins, Morris & Co., E. W.
Clark & Co., all of Philadelphia,
L. F. Rothschild & Co., ,pf New
York,
of $37,000,000 The Delaware River
Joint Commission 2.70% refund¬
the tolls
bridge bonds (PhiladelphiaCamden Bridge) due Aug. 1, 1973.
tained
The purpose
payment
on
ing
of this financing is to
provide funds for the redemption
on
September 1, next; at 105%
and accrued interest of $35,238,1944-73.
sion due
'
As of June 30, 1943, the bonds
to be redeemed from the proceeds
this
of
with
together
financing
$465,000 principal amount of 4y4%
bonds maturing September 1, 1943
constituted the entire outstanding
funded
has
Cash
the
of
debt
Commission.
already been deposited
mission to meet the maturity and
semi-annual interest payment due
September 1, 1943. The commis¬
sion has no floating debt.
The
in
bonds
refunding
the
opinion of counsel will be direct
and general
obligations of The
River
Delaware
Joint
Commis¬
sion, and will in their opinion be
further secured by a first pledge
of the
Philadelphia-Camden
of the revenues arising out
of
use
the
Bridge and of the facilities on the
remaining after the ex¬
pense of maintenance, operation
and repair has been met.
bridge,
:
The Commission was created by
between the Common^
of Pennsylvania and the
compact
wealth
State of New Jersey,
with the
api
proval of Congress in 1932 to conr
stitute; the public corporate in¬
strumentality of the two States to
ties for the
sengers
transportation of pas¬
across
the
of
Commonwealth
The
bridge.
Pennsylvania
have
long as
and the State of New Jersey
panying his bid will be returned.
The successful bidder will be fur¬
an
bonds then
the
on
The Commission covenants that
charges for the use of
or
the bridge shall
always be main¬
such rates
as
as
operating
of
will pro¬
required for the
duce the amount
expenses,
of interest on bonds,
amount equal to the to¬
tal amount of the bonds then out¬
the payment
plus
an
Co.. of New
covenanted that
tunnel
so
railroad *or other
transportation of
having
Whelen & Co., of
Trask & passengers, between Pennsylvania
York. Harrison & Co., and New Jersey over or under the
Philadelphia, Charles Clark &
Delaware River
ten
miles
Co., of New York, Hayden,
of
&
from this
Miller
Coffin &
opinion of Haw¬
Dalafield
& Longfellow of
New York,
that the bonds are
valid and legally binding obliga¬
tions of the Town.
tified check for
the Town,
Passaic
cer¬
a
,
,
Tp. (P. O. Stirling), N. J.
Bond
annual
sale
Enclose
$1,700, payable to
Sale—The
July
semi¬
$19,000
bonds
sewer
for
offered
8—v.
158, p. 44—
were
awarded to Boland, Saffih
of years they still have to run.
: & Co. of New
York, as 1V2S, pay¬
Net receipts of the Commission
ing a price of 100.067, a basis of
from the operation of the bridge
about 1.47%.
Dated June 1, 1943.
showed a
steady increase from Due on June 1 in 1944 to 1947
1938, when the present toll sched¬
was
adopted, until the out¬
war.
For the fiscal
on
inclusive.
ule
break of the
Second best bid
offer of
was an
100.11 for 1.90s, made by B. J.
ended June 30. 1939 gross re¬
"Van Ingen & Co., New York.
ceipts were $3,070,052 and net re¬
-1)
- '
t
* ;'
*>•;
\
'/'i
ceipts $2,442,482, rising to a peak
Pater son, N. /»
'
two years later when gross re¬
Bond Sale—The following semi¬
ceipts of $3,518,909 produced a net
annual coupon or registered bonds
of $2,920,651.
In the fiscal year
aggregating $158,000 offered for
1941-42
gross
receipts
at
sale on July 8—V. 157, p. 2304—
$3,498,534
and
net
receipts
were
awarded to J. S. Rippel &
at
$2,805,
269 were off only
year
,
.
.
slightly, the restrictions on pleas¬
ure driving coming into effect in
May, 1942.
With these restric¬
tions in force throughout the year
driving banned
and with pleasure
receipts
for the fiscal year ended June 30
last amounted to $2,710,873, and
net receipts to $2,033,143.
May
on
The
1943,
15,
bonds
new
gross
that
date
on
Newark, as 0.75s, at par;
$119,000 improvement bonds.
Dated July 1, 1943. Due on
1 in 1944 to 1948 inclusive.
payment date thereafter they are
redeemable in whole, or in part
July
Among - the other bids received
the following;
were
For
interest
any
improvement
general
39,000
bonds.
.90% Bonds
On Boland, Saffih &Co.
1946.
prior to Aug. 1,
and
Co. of
not redeem¬
are
able
100,09
For 1% Bonds
First National
Paterson
Bank, •
L..100.27
•
of not less than Blair .& Co., Inc., and
$100,000 par value, at the follow^ MacBride; Miller & Co.;
;
ing redemption prices: 105% if
jointly
..iL.100.10
redeemed prior to Aug. 1, 1951; Harris Trust .& Savings
104% thereafter and prior to Aug.
Bank; Chicago —^>1.100.049
by lot in amounts
,
1, 1956; 103% thereafter and prior
Aug; 1, 1961; 102% thereafter
to
prior to Aug. 1, 1966;
101% thereafter and prior to
and
1, 1973, plus
each
and
Aug.
accrued interest in
case.
H; L. Allen & Co., and
Minsch, Monell & Co.,
jointly
Kean, Taylor & Co.; and
'',
"*
100.02
^
»
Mercantile-Commerce Bank
&. Trust
.
1
Co., St. Louis,
r
.
within
a
distance
either direction
in
bonds are eligible
The new
>
J.
Irvington, N.
'
NEW YORK
Qffering—Sealed J?ids will
received until 8 p. m. (EWT),
Bond
be
100.024
Blyth & Co
fiduciaries;
facilities for the
Biddle,
nished with the
kins,
outstanding.
by
Jointly
100.016
statute for investment by all state
For 1.10% Bonds
any of the bonds remain outstand¬
and municipal officers and bodies
ing it will not authorize or permit
Halsey, Stuart & Co.—
100.179
authorization of the construction, of Pennsylvania and New Jersey,
Graham, parsons & Co., arid
banks, trust companies, savings
operation or maintenance of any
Julius A. Rippel,
additional
vehicular
bridge or banks, saving and loan associa¬
Inc., jointly
-100.137
insurance
companies and
tunnel or an additional bridge or tions.
each
July 27, by W. H.
Town Clerk, for the
on
Jamouneau,
purchase of
East Williston,
Bond Offering —
will
received
be
M"-
Sealed bids
until
3p.
m.
(EWT), on July 26, by Arthur R.
' ' ' \
Co., of Cleveland,
$85,000
coupon
or
registered
Under
of the school refunding, Series E bonds. Milks, Jr., Vilage Clerk, for the
Burr, of New York, Braun, Bos¬
purchase of $10,000 coupon or
worth & Co., of Toledo, Roosevelt Commission authorizing the bond Interest rate is not to exceed 6%,
registered drainage bonds. Inter¬
& Weigold, of New York, McDon- issue, all revenues derived from
payable J-D. Denomination $1,000.
est rate is not to exceed 4%, pay¬
ald-Coolidge & Co.. of Cleveland, the use of the bridge are to be ap¬ Dated Dec. 1, 1939.
Due on Dec.
Bacon, Stevenson & Co.. Harvey plied first to the expense of main¬
Denomination $1,000.
1, 1954. Rate of interest to be in able; F-A.
Fisk & Sons. First of Michigan taining, repairing and operating a
multiple of Va of 1% and must Dated Aug. 1, 1943.
Due $2,000
Corp., all of New York, Rambo, the bridge, and all moneys re¬ be the same for all of the bonds. from
Aug. 1, 1944 to 1948 inclu¬
Keen, Close & Kerner, of Phila¬ maining after payment of such Principal and interest payable in
sive.
Principal and interest pay¬
delphia, C. F. Childs & Co., of expenses are to be paid into a lawful money at the Merchants &
New York, C. C. Collings & Co. of Sinking
Fund,, the moneys in Newark Trust Co., Newark.
No able at the Nassau County Trust
•
Philadelphia, Schoellkopf, Hutton
&
Pomeroy, of Buffalo, Merrill,
Turben & Co., of Cleveland, R. S.
Dickson
&
Co.,
of
Charlotte,
Schmidt, Poole &
Co.. Buckley
Bros., Walter Stokes & Co., all of
which
bridge.
the
resolution
are
available
to
at
all
the
times
to
be
Commission for
payment of principal and interest
on bonds and for the purchase of
bonds at not exceeding the cur¬
redemption price applicable
at the time of purchase.
.
The resolution also creates in
rent
Philadelphia, Otis & Co., of Cleve¬
proval by the Governor, which land,
Newburger
&
Hano, of
was given on May 29.
Philadelphia, R. R. Williston & the Sinking Fund a special ac¬
Sarpy County Sch. Dist. No. 43 Co., of New York, Julius A. Rip- count to be known as the "Re¬
pel, Inc., of Newark, Newburger, serve Account" into which there
(P. O. Gretna), Neb
Loeb & Co., of New York, J. J. B. is to be paid and credited approx¬
Bond Election—The issuance of
Hilliard & Son, of Louisville, H. imately $6,200,000, being all mon¬
$20,000 3% semi-annual construc¬
M. Byllesby & Co., of Chicago, eys now in the surplus fund and
tion and equipment bonds will be
.submitted to
the voters at an Moore, Leonard & Lynch, Glover in the Sinking Fund for payment
& MacGregor, both of Pittsburgh, of 4y4% serial bonds until rev¬
election set for July 26, it is re¬
Dolphin & Co., of Philadelphia, R. enue derived from the operation
ported.
•
.,
"
H. Moulton & Co., of Los Angeles, of the
bridge shall amount to $3,Bioren
&
NEW JERSEY
Co., of Philadelphia, 300,000 annually.
The moneys in
Minsch, Monell & Co., Gruntal & this "Reserve Accouht" are to be
Bergen County (P. O. Hacken- Co.,
Hannahs, Ballin & Lee, all used only to meet deficiencies in
sack), N. J.
of New York, MacBride, Miller & funds otherwise available for pay¬
Bonded Debt At 10-Year Low—•
Co., of Newark, Sheridan. Bogan ment of interest upon the new
The retirement on June 15 of $40,Co., of Philadelphia. S. K. Cun¬ bonds.
When revenues reach the
000 worth of bonds brought Ber¬
ningham & Co., Phillips, Schmertz
$3,300,000 level .the Commission
gen county's bonded debt to the &
Co., both of Pittsburgh, and may use moneys in the "Reserve
record low level of $6,578,000, as
Kuhn, Loeb & Co., of New York Account," in excess of an amount
compared with the peak of $13,- as
2.70s, paying a premium of $37,- equal to 18 months interest on the
147,000 in 1932, it was announced
000, equal to 100.10, a basis of bonds then outstanding, to make
recently by Freeholder Frank A. about 2.69%. Dated Aug.
1,. 1943.
improvements on the bridge or to
Leers, finance committee chair¬ Due on Aug. 1, 1973; subject to re¬
redeem bonds or purchase bonds
man.
Since March 1 of this year,
demption on or after Aug. 1, 1946. at not in excess of their redemp¬
he said, $211,600 worth of county
As long as any bonds
Bonds Publicly Offered—Har¬ tion price.
bonds have been redeemed, with
an additional
$572,000 due to be riman Ripley & Co., Inc., Drexel remain outstanding the Commis¬
& Co., Smith, Barney & Co., and sion covenants to maintain in the
retired before January 1.
amount at
18 months interest
,
with the fiscal agent of the Com¬
Philadelphia., Spencer
of
equal to
requirements
95
of operate and maintain the Phila4
delphia-Camden Bridge and to
New York, Alekahder BrowiY &
establish, construct, operate and
Sons, of Baltimore, White, Weld &
maintain railroad or other facilL
Co.,f.of New York, Equitable Se4
Corp.,
"Reserve Account"
least
firms and houses
July 15 at 102%
and accrued interest a new issue
including
Philadelphia, Eldredge & Co.,
curities
Omaha, Neb.
May
B. J. Van
Ingen & Co., all of New York,
Stranahan, Haris & Co.; Inc., of
Brookhaven, Miss.
*
banking
investment
Commission
O. Camden), N. J,
>
000, 4V4% bonds of the Commis¬ standing divided by the number
Delaware River Joint
-
Runner-up in the bidding
Brothers, head a nation¬
wide
—
The $37,000,000
registered semi-annual
bridge refunding bonds ofered for
Ripley & Co., Inc., of¬
sale on July 14—V. 158, p. 147—
*
in 1944 to 1953.'
Lehman
Leers,'"we have provided for
the retirement of $1,355,000 worth
dated
1948.
works
water
bonds.
tension
15,
Dec. 1,
on
4V2%
64,000
Dec., 1,
Dated
bonds.
sion
-
"Next year," declared Freehold-
er
proposal will be considered which
specifies a rate higher than the
lowest rate stated in any legally
Each pro¬
acceptable proposal.
posal must state the amount bid
for the bonds, which shall be not
than
less
$86,000.
ceptable
be
will
ex¬
change. The approving opinion of
Vandewater, Sykes & Galloway of
New
will be furnished to
York,
the succesful bidder.
A $200 cer¬
than tified check, payable to the Vil¬
As between legally ac¬
lage, must accompany the bid.
proposals specifying the
$85,000 nor more
*
the bonds Hempstead and North Hempstead,
sold to the bidder com¬
Central High Sch. Dist. No. 2
rate
same
Co., Mineola, with New York
of interest,
plying with the terms of sale and
offering to accept for the amount
bid the least amount of bonds, the
bonds to be accepted being those
maturing and if two or more
bidders offer to acept the same
first
(P. O. Floral Park), N. Y.
Sale—The
Bond
annual
school
fered for
of
sale
on
143—were
p.
Franklin
$37,000
1943
bonds
of¬
July 9—V. 158,
awarded
Square
)
semi¬
to
National
the
Bank
bidder of Franklin
Square, as 1.10s, at a
offering to pay therefor the high¬
price of 100.03, a basis of about
est price. The purchaser must also
1.09%.
Dated July 1, 1943.
Due
pay an amount equal to the in¬ on
July 1 in 1944 to 1951 in¬
amount, then to the
least
terest
on
the last
the
date
chase
the'bonds accrued from
interest payment date to
of payment of
prior to the delivery
the
of the bonds
Second
New
by Fran¬
sold
on
$45,000,000
lieved of his
The
issue
participating
;
Sold
City
Joseph P. McGoldJuly 13 a block of
revenue
is
and matures
.
York, N. Y.
Bills
Revenue
Comptroller
rick
bidder may, at
his election, be re¬
obligations under the
contract to purchase the bonds and
in such case the deposit accom-
was" air"offer
bid
cis I. du Pont & Co.
received
type and character shall be tax¬
able by the terms of any Federal
income
tax law, the successful
best
of 100.269 for 1.20s, made
by private
from bonds of the same
income
holders
the pur¬
In the event that
price.
clusive.
—
bills at 0.55%.
dated
July 14, 1943,
6, 1943. The
banks
and
other
on
Oct.
245:
and
companies,
are
•
Chase
i
National
New
York
National
r;
Bank,
$8,199,000
-
r_
New
Trust
•
New
National
Trust
Co., New
The
Man¬
Morgan
&
Co.,
Bank
Trust Co., New York
New York
Bank
of
Trust
New
1,755,000
&
Co.__
York
Trust
Co.,
" A
United States Trust
New York
passed an
'W
1,
as
-
&
„
Aug.
1,
Bond
90,000
by W. M. Sylvester, .City Record¬
that the report in our issue of
July 5, that the State had pur¬
chased $60,000 electric light re¬
funding bonds, was erroneous.
Washington County Sch. Dist. No.
7 (Pi 0. Hillsboro), Ore.
Bonds Voted—At a recent elec¬
tion
premium of 31/2%,
4% First Mortgage
voters
are
said to have
very
a
issuance
wide margin
of
$18,000
heating
;■
of
Sealed bids
until noon' .on
Bonds
Finance, for the
90,000
Offered
July 17, by
Secretary of
pur¬
Sealed
—•
bids
Vaxmonsky,
Jacob
the
of
Board
rectors, for the purchase of $35,000 3% coupon school bonds. De¬
nomination $500.
Dated June 28,
A-O.
1943/ Due
Dated June 10,1943. Denomina¬
tion $1,000.
Due Oct. 1, as fol¬
Pleasantville, N. Y.
Bond Sale—The following
bonds
lows: $4,000 in
1945 to
June 28
on
as
follows:
$3,500 in 1945 and 1946, and $4,000
1947 to 1953; callable on June
in
1944, and $5,000 in
bid for
28
Co.: of New York, as
and
price of 100.13,
1.73%. -
fice of the Sinking Fund Trustees.
No bids for less than par and
accrued interest.
The purchaser
a
A $20,000 refunding of 1943 bonds.
Due $10,000 on July 1 in 1950 and
;! $5,100
general" Improvement
NORTH
A
CAROLINA
North
Carolina
$750,000
Local
Awarded
—
(State of)
the
of¬
livered
at
| Bonds
one
of
the
banks
nation $1,000,
Due on June
in
OKLAHOMA
Oklahoma
Munici¬
(State
Legal Test Pending
on
and
of)
Debt Re¬
Employees'
Retirement System, about $8,000,000 to reduce the in¬
of
the
State
must
on July 14, as described in debtedness
detail here on July 12—V. 158, p. await the outcome of a legality
149—were awarded to a syndicate test on an act of the 1943 Legist
1
as
follows: $9,000
Mt. Lebanon
Tp. (P. O. Mt.
Lebanon), Pa.
\
Bond Sale
The $320,000 cou¬
pon semi-annual township bonds
offered for sale on July 12—V.
157, p. 2400—were awarded to
—
Moore, Leonard & Lynch of Pitts¬
burgh, and A. Webster Dougherty
& Co. of Philadelphia, jointly, as
iy4s, paying a price of 100.439, a
an
of
the
until
the
1.20%.
Dated July
some
State
iy4s,
act,
the
creation
of
the
Columbus, Ohio
State
retirement
fund
and
the
Details — In con¬
validity of the surpluses for 1925,
nection with the sale of the $116,1939 and 1941." : *'A
'
000 refunding bonds to the City
Mr. Childers said he anticipated
Sinking Fund—V. 158, p. 150—it
some friend of the administration
is now stated by Helen T. How¬
will bring the suit.
He said no
ard, City Clerk, that, the bonds
purchases could be made until 90
were sold as 4s, interest payable
days after the judgment of the
F-A, at par, are dated Aug. 1,
Supreme Court becomes final if
1943, and mature $8,000 on May
the court upholds the act.
and Nov. 1, 1945, and $10,000 on
Under the provisions of the act
May and Nov. 1 in 1946 to 1950.
of the last Legislature authorizing
Principal and interest payable at
use of the surplus to pay off the
the City Treasurer's office.
,:
State debt, there are three steps
Jefferson
Township (P. O.New that must be taken, even before
Paris) Ohio
the Supreme Court suit is filed.
Bond Sale
The township, not They are:
r
basis of about
1, 1943.
Due $16,000 from July
taxpayer has
1, 1944 to 1963 inclusive. A
Supreme Court !
Second best bid was an offer of
action protesting the validity 100.08
for
chased
filed in
Sale
submitted
by
Elmer E. Powell & Co.
will
be
received
until
2
p.
m.
p.
At¬
bond
until
issue
all
are
Though no. session of the Su¬
Court is scheduled until
October,' it is possible that a
special session may be held to dis¬
preme
Passage
case.
was
required under the enabling act,
which
the last day
when it
the County Supply
passed
was
tacked to
par
be
as
follo^: $3,000 in 1945
1950, and $4,000 in
Bidders
terest
in
to
name
1951 to
the
rate
to
1953.
of
in¬
multiples of
The approv¬
trest
•
and
.tenders
3
of
accrued
considered.
and
3%
interest
District
has
sinking fund which is
for
the
purchase
of
available
bonds.
Texas
Bond Case Rehearing
A
motion
Sought—
for
rehearing of the
county's bond case was filed with
the State Supreme Court on
14,
according
July
Dumas,
who ap¬
W.
to
P.
Dallas
bond
attorney,
together with the Attorney-
pears
Mann,
of
and
The
the
at¬
respondents.
involves
case
Cochran
C.
Texas,
Gerald
counsel, as
other
for
torneys
on
the
right of
County to call for
pay¬
ment in advance of maturity
date
bonds
con¬
which,
respondents
A The resolution provides for is¬
tend, carry no optional redemp¬
suance of coupon bonds to be used
tion feature.
.
for construction and
of
improvement
in
the
bridges
and
roads
County; for construction of
sewer
systems, for purchase of land and
other items.
Texas
will be
dated Sept.
that
ruled
could
be
redeemed
after five
Court
Supreme
16
on
bonds
the
at
time
any
after date of is¬
years
Texas investment bank¬
suance.
bonds
The
The
June
in
have interested themselves
ers
1943, and will mature $35,000
Sept. 1, 1945 to 1954, with interest
the
payable March 1 and September
lj each year.
issues being
court's rul¬
fearing the
result in many other
called for redemption
the decision is allowed to stand.
might
if
Hidalgo County (P. O,. Edinburg)t (
DAKOTA
SOUTH
case
ing
Texas
Yankton, S. Dakota
M. Goetz,
"
Bond Offering—Anna
City Auditor, will receive sealed
bids until 10 a. m. on Aug. 2 for
purchase of $30,000 2% airport
bonds. "Dated Aug. 2, 1943.
Due
the
1,
$1,000 from
follows:
as
|
that he
McKee states
ditor B. F.
will receive tenders until July 20,
10
at
of. the following is-/
county; bonds and war-
a.m.,
of
sues
rants:
/
.
(
$3,000,1950 I Road and Bridge,
-/
1952 inclusive; • $6,000 in 1953 Series 1942A.
4%/ bonds,
to 1949 inclusive;
and 1954,
Au-.
Invited—County
Tenders
and $5,000 in.1955. Call¬
•
j / Road and Bridge, 3-4% war-'
date rants, Series ,1, 1942.
Principal and interest ! Road and Bridge, 4% warrants,'
y,
t /
(F-A) payable at the City Treas¬ Series 2, 1942.
urer's office.
"
y Road and Bridge, 4-4^4 % war-/
rants, Series 1932.
J <
TENNESSEE
! Road Dist. No. 7, 3% bonds,
three years from
after
able
of
issue.
a1
County (P. O. Chatta• Series 1941/
;
Road Dist. No. 1,. 3% bonds,,
' nooga), Tenn.
Refunding Contract Extended— Series 1941.,
At a recent meting of the County
La Salle County < (Pi. O. Cotulla),
Hamilton
/-
'
,
Council, the contract between the
Texas
and the Cumberland Se¬
curities Corporation, for the re¬
is
been
county
reported
that
a
into
entered
.
■
,r
Contract
Bond Refunding
—
It
contract has
between
the;.:.
ing bonds, was extended for a six-
Commissioners' Court and Dewar,
period, it is stated.
The Robertson & Pancoast of San Anoriginal contract, which was
ito'nib, for the irefuhding of $101,newed and extended" for a period
000 court house and jail bonds.
of six months from January 28, of
months
this year, was
Sch. Dist. (P. O.
Livingston), Texas
Livingston
extended six more
months beginning July 28.
f
of
all
agency,
the
involved
bonds
the
in
terest
ceptance of an offer made by the
Kelley-Brown Bond. Co. of Dallas,
to refund the bonds of the district.,
in¬
except issues for
It is believed, he said,
issues
for the
later
month
resolution
also
was
tract
approval of the, oualified voters,,
an election will be called later
and
at which time citizens of
authorizing the deposit of $8,000
with interest at the old rate of 5%
1, 1944.
.
trict
1
can
Participate
In
planning a
$75,000,000 present and post-war
oubhc improvement program in¬
cluding 16 slum clearance projects
County
whites
for
and
are
negroes,
libraries, medical clinics,
improvement including sixline highways at the city's gate¬
ways, flood control and dock and
wharf
improvements.
The first
portion of the work will begin in
near
future
and
the
second
wartime priorities
materials are lifted, the Amer¬
on
as soon as
new
to,
&
bonds which will draw
the
will result in
measure
in
taxes
District
of
a
to the people of
several thousand
dollars," said W. S. Brame, Presi¬
dent of the School Board.
Paducah
Indep. Sch. Dist.
(P.O.
Paducah ), Texas
new
street
part
agrees;
old bonds bearing
and issue in their
interest
saving
Bond
schools,
the
company
take up all the
"This
$75,000,000
Post-War Program—The city and
Shelby
bond
The
the Dis¬
vote on the matter.
onlv 3%%.
Memphis, Tenn.
To
-
bid of
passed
to meet the bonds for that amount
made the lowest
aproximately 3%%. Con¬
was
signed, .subject to the
This company
>.
amount
extension.
A
recommended ac¬
is said to have
rates,
$302,000.
that
—A committe of
program
have been refunded, at lower
Accepted
the School Board
Bond Refunding* Offer
Marshall,
financial
$2,025,000 in
According to J. W.
representative of the
Call
—
It is stated by C.
Treasurer
of the
Board of Trustees, that refunding
W.
Pearson,
bonds,
Series
A,
Nos.
1
to
133?
aggregating ,• $133,000, are being
called for nayment on Aug.
15,,
on which date interest shall cease,
-
•
sealed
Aug.
on
$6,300 of surplus funds in the in-
5%
:1.
m.
below
will
place
National Bank Building, Ebensburg, for the purchase of $30,000
school bonds... Dated Aug. 1, 1943.
Denomination $1,000.
Due Aug.
G. Har-'
refunding bonds in
$1,000 denomination. Only offers
General
the resolution
of
receive
p.
on
cleared.
of the
J,
1940
legal
matters in connection with it
pose
—
Commissioners, Cochran County (P. O. Morton),
-
said bids will not be called for
the
8
series
which will be due Feb.
2305.
Cosgrove,
until
of
Directors,
at
the
office of
Portser, Gregg & McConnell, First
of Internal Affairs.-
157,
I.
the
will
ees,
able to buy from their holders and
ing opinion of Burgwin, Scully &
y, >
The bonds were State bond retirement fund.
2—The auditor must then cer¬ Churchill of Pittsburgh, will be
awarded
to
the First National
Bank
of
New
Paris,
as
23/4S. tify to the Governor the exact furnished by the District/ Enclose
a certified check for
Dated Jan: 1, 1943 and due $350 amount of the transfer./
$1,000. pay¬
3—Governor
Kerr' .then
must able to R. B. Aultman, District
on March 1 and. Sept. 1 frorn 1944
A
to 1948 inclusive.
Other, bids: J. convene the:, Oklahoma v. funding Treasurer.
V.
meet¬
a
Wanted
School
rell, President of Board of Trust¬
which the bankers have not'been
were
1—After June 30, the end of the
,
bonds for which bids fiscal year, the auditor is required
the
surplus to the
received July 3, as noted in to .transfer
at
Tenders
re¬
■■
:>
Independent
District, 7*exas
(EWT), Jon July 20, by Andrew
Harvan, Secretary of the Board
500 cemetery
offered the. $3,-
John
•
TEXAS
will be completed during the six-
Mount Pleasant Tp. Sch. t)ist.
(P« O. Mount Pleasant), Pa.
Bond Offering — Sealed bids
■
y4 of 1%.
The bonds shall be sold subject to
the approval of the Department
—
Jeferson County,
bonds.
Association
r
Breckenridge
funding of $2,625,000 of outstand¬
1958, and $17;000 in 1959 to
yyyyy# v;: v V'/y y :v: A
composed of Blyth & Co., of New lature.
Mr. Childers directs
attention
York, R. S. Dickson & Co. of
Charlotte, and McDaniel Lewis & to a section of the act which pro¬
shall
be pur¬
Co. of1 Greensboro, at a price of vides "no bonds
; Bond
:Dated June 1, 1943.
1963.
ofered
OHIO
The
or
palities and School District bonds duction Act—It is reported by C.
aggregating $750,000, held in the C. Childers, State Auditor, that the
funds of the Teachers' and State use of an anticipated surplus of
122.081.
Authorized
Borough Council is said to have
passed an ordinance calling for the
at the office of the ;in 1944, $10,000 in 1945 and 1946
of Finance.
Enclose a
$11,000 in 1947 and 1948, $12,000
certified! check for - 500;:: payable in 1949 to 1951, $13,000 in 1952
to the City: ■/
''« 1
v.
$14,000 in 1953 and 1954, $15,000
in 1955 and 1956, $16,000 in 1957
The various issues of
Commissioners
torney; for
to
McKees Rocks, Pa.
A
August 15, the money to be de¬
Municipals
North Carolina Counties,
at
prepared to take up and Issuance Of $275,000 3^ % semi¬
for said bonds not later than annual refunding bonds. Denomi¬
bonds. " Due on Feb. 1 in 1944 to the
City,
1950 inclusive.
'
J.
Director
►
payable
must be
pay
1951'.
interest
Gordon
Baker, of the
Court, in the orig¬
jurisdiction, A.;
1947; after 60 days' previous
public notice. Bonds may be reg¬ Aug.
istered as to principal only.
A 1946
1947. Bidders may
aggregating $25,100, offered for
sale on July 9—V. 158, p. 44— a different rate of interest in a
were
awarded to H. L. Allen & multiple of
of 1%. Principal
l%s, at a
basis of about
D.
State Supreme
inal
Di¬
i
-
Justice
1,
until 7:30 p. m. on
received
were
-
Co., New York
improvement bonds, attacking the
constitutionality of the Act au¬
thorizing the issue, with Associate
Bill.
Port Griffith, Pittston), Pa.
]
90,000 chase of $19,000 3% fire i depart¬
ment
bonds. ; Interest
payable
r—
&
issuance by the County Board of
Commissioners of $350,000 public
was
Delaware Tp. Sch. Dist• (P. O.
-
Committee opposing the
a
of the General Assembly,
PENNSYLVANIA
—
received
Director
Guarantee
Trust
the
accrued
a
Offering
be
Citizens'
filed recently by
on July 1, passed a resolution
providing for
issuance
of
the
er,
Municipal
ports.
Opposed—Pro¬
were
The
Hood River, Ore.
Bonds Not Sold — It is stated
,
90,000 July 30, by Walter W. Mitchell,
Co., New
York
$35,000 air¬
—
will
York
e
July 6, the voters are said
approved by a very wide
on
Issuance
ing
■
Tit 1
election
OREGON
the
Youngstown, Ohio
Empire Trust Co., New
Fulton Trust
an
Water Works Revenue bonds out¬
Co.,
,r
At
Thompsontown), Pa.
Bonds Sold
It is stated by
standing, of an issue of $75,000
Mrs. D. F. Sausman, District Sec¬
dated Aug. 1, 1940.'
315,000
retary, that $5,550 3% semi-annual
Said bonds will be paid on pre¬
funding bonds were sold recently
sentation with all unpaid and un¬
at a price of 100.70.
225,000
matured
coupons
at the Ripley
135,000 National
Jenkins Township Sch. Dist. (P.O.
Bank, Ripley.
Kings County Trust Co.
Commercial
National
New York
—
<
New York
&: Trust
,
Bond
ceedings
port bonds.
as¬
follows: $1,902.65 in
at par and
payment
on
Trust
Bank
/ A
ican
(P. O. Charles¬
ton), s. c.
—
360,000 interest, plus
'
Co., New York
;
Voted
marvin the issuance of
Ripley, Ohio
Call
g
Valley, Okla.
approved by
-
Bank;
Midland
Trust Co.,
special
Dated Sept. 1, 1943. Denomina¬
tions $1,000, $500, one for $902.65.
Due Oct.
although
ordinance
street
improvement
Interest payable A-O,
A
1
315,000
Continental
semi-annual
4%
for
Co.,
—
Avenue
A Bank
has
pre¬
Village Clerk J., plant1 bonds.
M. Stephenson is. said to be calling
450,000
; New York
Marine
Bonds
to have
A
any
bonds,
A
Pauls
held
Clinton, Ohio
these
on
premium.
a
$306,,000
refunding
on April and Oct. 1
Bonds Authorized—The Village
Bond
.
Fifth
Port
495,000
New
York
'
is¬
1944, $2,500 in 1945 to 1948, and
$2,000 in 1949 to 1953.
Principal
and interest payable at the Vil¬
1,260.000 lage Treasurer's office.
Notes are to be issued in an¬
1,260,000
540,000 ticipation of the bonds,
Brooklyn Trust Co. A.public National Bank
-
recently the
1,710,000
—-tj»
Exchange^
Corn
Appeals is said to
paying
SOUTH CAROLINA
Charleston County
,
State
the funding bonds are now selling
for par and accrued interest, plus
1945 to 1952.
bonds.
1,755,000
hattan Co., New York
P.
of
Due
the
1
of¬
buy outstand¬
said the law pro¬
Childers
hibits
mium
The State
—
1,935,000 sessment,
Co., New York
Inc. J
iri
Tax
authorized
suance
500
Trust
York
Chemical Bank & Trust
J.
of
Board
Youngs'
2,250,000 calling for the issuance of $22,-
Manufacturers
of
Bonds Authorized
Council
Co.,
:
<
Mr.
2,268,000
New York
Bank
3%s.>V.:V^
Mahoning County (P. O.
A:/'/'./"
town), Ohio
Bank,
•'•New York
ihvite
ing funding bonds.
bonds.
A
New AA.'v.'w,,/
3,375,000
: .York
Irving
'
Bank
Co.,
fers by the State to
have
3,627,000
Hanover
Trust
First
6,480,000
•
V /■
5,931,000
Co.,
York
Central
&
Co.,
York
Trust
\-
,
New York
Guaranty
commission and
bond
A. White & Co.",- Cincinnati, for
3V4S, Pohl & Co., Inc., Cincinnati,
for
allotments
City ; Bank,
,
Bankers
:
their
follows:
as
at
the
Trust
Central
Hanover
Bank &,
Co., New York City.
,
;
THE
■
bonds bear 3%
Said
.
interest to
Feb.
15, 1940, 4% interest from
Feb. 15, 1940 to Feb. 15, 1950, and
5% interest thereafter.
Dated Feb. 15, 1936. Denomina¬
Other
General
than
warrants, all State warrants are
Feb. 15, 1976, cashable when isued and should
optional in numerical order on be presented immediately for pay¬
ment.
Prompt presentation for
any interest payment date on 30
payment of these warrants will
days' notice.
be
greatly appreciated by
the
tion
Rule, Texas
Treasurer C. L.
Baker states that the city has ex¬
Bond Call—City
ercised
its
option
shall
on
redeemed at
and accrued interest on
called at the City
fice, or at the
date
Treasurer's of¬
aep6sitary
'Texas (State of)
Outstanding Warrants—The 116
funds of the State of Texas on
June 30 had credits totaling $56,-
but unpaid outstanding
warrants aggregated $29,182,238 to
bring the net cash balance to
$27,496,840, according to a sum¬
mary prepared by State Treas¬
679,078
Jesse James.
reported that of the un¬
was
paid warrants $23,034,429 was rep¬
resented in the deficit in the gen¬
eral
fund
with
the remainder
scattering.
*
While
counts
of the many
few
a
ac¬
to be consolidated un¬
are
enactment
yet to become effective, there has
legislative
recent
der
ben
substantial rduction in the
no
and
the committee
amends
the
the
—
agreement
and
amount of bookkeeping.
the
stock securing some of the bonds
owned by the committee. A copy
of
the resolution
is
to
the
each
holder
of
being mailed
certificate
of deposit affected thereby.
holder of; a certificate of.
listed
deposit
make written protest to the
proposed
by the resolution by filing such
protest with the secretary of the
committee within 30 days from
may
date
of
the
first
publication
The resolution will
of this notice.
be in full force and effect on
held
Aug.
on; July
6
the
voters
of the
$50,000 ;2M2% semi-annual
improvement bonds by a
street
very
.West
Virginia
(State
ported
new
ance
West Virginia began its
—
fiscal year with a cash bal¬
of $12,111,198 in its general
revenue
fund, representing an in¬
of
crease
$333,194
assumption
$1,-
$5,656,733; also,
count, with
ac¬
289,647 in its coupon-paying item
and its share to come out of $3,689,064 of accumulated motor fuel
tax.,:■'X. v ■ ;■ Vv
f
Unallocated clearances totaled
"
which- will be appor¬
by the State
$5,192,149,
tioned
transfers
in
Comptroller.
State's
The
was
listed
that
of
&
be scaled by
eral
fund,
transfers to the gen¬
had $785,540 to its
credit.
It
was
further shown that liquor
confiscation
board
cigarette
$114,164;
ment
money
tax
totaled
enforce¬
amounted to $177,461,
cash
propagation fund
balance of $108,917.
and the fish and
had
a
Warrant Call
—
State Treasurer
Jesse James states that he is
calling
payment at face value State of
Texas General Revenue warrants
to
and
including
No. (297,291
for
(1942-43
Series), which includes
warrants
all
issued
prior to
including Oct. 23, 1942.
is
This call
dated
Revenue
prior to
void
the
for
State
42
$92,453. to
the special fund, $325,000 to the
general school fund, and $250,000
each
to
and secondary
primary
roads.
i
The
State's cash total
30 for
all
June
on
14 funds was listed as
$27,978,600, compared with $30,387,637 at the end of Ma?.
2302
2400
Bexley, Ohio
2302
41
2199
f
43
2201
of
the
State
two
representative of their
district to have them presented to
the General Claims Committee for
(Continued
-
44
Locks,
Texas'-
3
—
247)"J1
2302
Danville,
Dearborn
2400
Deer
'2302
States
2302
Estherville,
Franklin
Iowa
capital undertakings.'.
; '
*
*
•
of States and municipalities to undertake new
money projects because of war conditions is again reflected in the
results of borrowings negotiated .in the first six months of 1943 as
compared with disposals in the corresponding period in previous
years.
The total for the six months of the present year stands at
N.
Y
Fulton,
N.
Y
2304
Gallatin
—
42
County Cons. S.
Okla.
N. Y
Harwood Township, 111
44
Hatboro,
Grady
5,250
1950-1952
r51,000
28,
Un.
Y
Un.
Fr.
50,947.363
(U. S.)__
47,389.490
(permanent):
"Temporary loans
Canadian
loans
Placed in Canada—_____
Placed In U.
79,228,511
None
None
(State of)
81,772,622
2398;
__
118.672,853
_
"Includes temporary
351,483,568 974,168,540
100.28
1.37'
75,000
100.28
1.37'
rl50,000
100.35
J.944-1963
.
14,000
1044-1948
1944-1948
0.65
100.30
35,000
1944-1948
308.000
308.000
100.06
•
50,000
1944-1953
-
1.37
100.26
0,95"
■■■'
•
-n: r
2.65'
1947-1956
100.15
2:65
100.02
1944-1953
0.78
—5
Mich.—.
County,
3-4
Beach. Fla._
Jacksonville
Texas
County,
2201
Jefferson
2198
Johnson
2302
Kankakee, 111.
2401
Kerens, Texas
2401
Kildare
^
2V2
4
—_—_—
Dist.,
Sch.
Indep.
Texas
2Mj-3
:
Gravity
Parish
LaFourche
2198
__33/4
County, Ky
Sub-
Drainage Dist. No. 1, La
3-2
Township Sch. Dist. No. 1,
Mich.
ir265,'000
Lincoln, Neb.
43
1
-IV2-2
—
Angeles, Calif
Los
2302
Madisonville, Ky.
42
42
Manatee
Tax
DistS'"
Spec.
Tax
Pis
4
'
1944-1963
Muncie.
242,000
100.33
1.20
1*24,000/
101.16
1.11
125,000
100.09
l.U
1945-1.972
2397
Osceola
1944-1948
r37.000
rd20,000
100.37
3 V2
1944-1960
Xdl34,000
.
3'/2
1.20
1983
2200
2302 '
V
Tax
—,
Colo.
—
i
J,
Ky._—
County,
Perry
Pittsburgh, Pa.
Plattsburgh, N. Y.___
Polk County, Iowa
.
;
1.79
•;iV-
22,000
.
rd!31,000
103.00
1944-1963
1,000,000
101.22
1943-1952
60,000
100.04
0.99
1949-1951
__1
1
81,000
100.68
0.9O
1957-1960
rl07,000
'
3.15,
1.12
Road &
Polk County Special
*.—4
13/4
Bridge Districts,, Fla
\
0.81
100.56
1945-1954
Fla.
Palisade,
2198
'
1,
No.
Spec.
Co.
dl,070,000
100
—_2
S.
D.
North Bend, Ore.—
42
.3.70
1651
;
New
2305
j.'
2197.
.
1946-1953
Ind.—1
City,
School
.2302
;
3.71
102.10.
102.07:
1644-1958
21/2-2>/4
VCalif.
Castle
.
rdlOO.OOO
:
l'/e
Ind.
Muskoge.e, Okla.
Nevada Irrigation District,
41
1,96
SSfii
lVk
Middlesex County, N. J
2302
44
rdl07,000
1944-1963
4
-l'A
;"'■*£1
-''
•2304
•
f
100.01
103.00
■
S.
County
■
r22,775,000
r42,000
0~96
10018
rd266,000
1944-1976
S.
;;Dj8tp., Fla
1.
1944-1953
—
Spec.
County
Manatee
;•
100
13,000
1944-1963
—
2301
[•
V2
Lake
43
Y
dl5,000
100.10
rl52,000
100.18
1945-1959
2304
Port Henry, N.
2200
1%
Bedford Township, Mich.———4 ;
Richland Township Sch. Town-
1945-1972
i 25,000
98.00
11,000
100.77
100.88
Portsmouth, Ohio
2199
42
'■•
->v
——__IV4
42
•
45
^1200
25,000
1960-1964
r53,000
St. Landry
Drainage District No.
22.
La.
40,000
—21/4
—
Shillington.
2400
1947-1949
Pa.
——u__,-l3/4
Y,_^.T—•———1V4
N.
—1
4
2398
Somervflle, Mass. _3
2302
Stone
2200
Surry County, N. C.——
45,
2306.
44
2302>
Mountain,
Ga.__
1944-1948
,
100.26
r5,000
1953-1961
rSO.OOO
1952-1959
1944-1963
d3,000,000
1950-1954
100.0'2
rd23,000
Vidalia,
Ga.
s
_L_^—_2'/2
(State of)____li/2-lV4
Yohkers, N. Y.
————1%
Yorktown, N. Y.„
—-1.40
Youngstown, Ohio
IV2
20,000
sales
bond
for
June
separate issues)
ering 92
100
1945-1951
rl5,ooo
1944-1968
1,000,000
100.02
1949-1952
r750.000
100.13
1.944-1952
25,500
100.13
1944-1951
8,000
100.28
—
Total
100
30,000
"
—2V2
_——
Wasco, Ore.
West Virginia
2200
100.00
100.13
-
2'/4-2
2201
2400
101.01
30,000
rl6,860
:
.
Tacoma, Wash.
l'A-2-4
Travis County, Texas—
2
Verden School District, Okla.—
2201
2304
i
10.000
1944-1963
Sloan,
!2305
10o"o7
Parish, Coulee Croche
^Gravity
V
12.000^
C—_23,4-2!/2
Rutherford County, N.
2398
i;;
1945-1955
Texas___3
Round Rock Ind. S. D.,
1944-1955
_«_J—-IVi
v
ship, Ind.
:
Rockwell City., Iowa
-
"
municipalities cov
—3__
—
.__k$50,947,363
(86
7
including $47,389,490 temporary loans or funds obtained by
municipalities from agencies of the Federal Government, r Refunding bonds.
Optional.
k Not
•.
Pf pre
(Dominion
2306
Montreal
2401
9,250.000
Canada
mission.
None
Catholic
45
Quebec
Saskatchewan
Roman
securities issued by New York City: $33,000,000 in June, 1943;
$42,500,000 in June, 1941;- ,$23,800,000 in- June, 1940, and
,
•'
Total Canadian
Maturity
of)
Catholic
Que.
3
JUNE
Amount
Price
Basis
1944-1963
1953
3,750.000
15,000,000
School
—-3V2
(Province of)—3V2-4
1944-1963
386 000
1944-1949
1,200,000
municipal bonds sold during June
"Temporary financing;
IN
"$55,000,000
—4
Que.
45
155.643,864 369,492,961
FINANCING
of)~l—
School Com¬
Quebec- (Province
22,539,767
None
MUNICIPAL
Rate
Name
Commission),
Total
1*81,000
3V2-3V4
Ingham
42
;
64,359,481
1,018,801
None
1949-1963
—2V2
1
Calif.
CANADIAN
69,885,458
None
2.43
Imperial Irrigation District,
84,739,605 273,343,713
250,000
rl6,000
100.11
—
2308
None '
0.87*
1939
85,091.,518
20,336 000 239,860 933 807,054,400
None
S
Bonds U. S. Possessions
32,394.1.24
1.50
100.39
1944-1956
Dist.,
-2.70
_0.80
Sch.
Idaho
States and
-
100
300,000
Dist.
Ore
River.
d7,000
1944-1948
48,000
Herkimer, N. Y._.
Hood
1.24
100.10
1944-1953
2.70
Hempstead
68,000
rdl80,000
1946-1954
Sch.
Fr.
$
$
1945-1954
.1.945-1972
1
N.
12,000
1.944-1955
—_:1.40
Pa.
Hempstead
d
1940
rlO.OOO
-
100,
Harrison,
2200
1939, and $508,632,992 in the first half of 1938. These totals include
refunding borrowings for the various periods, as follows: 1943, $151,193,581; : 1942, $104,256,478; 1941, | $283,143,885; 1940,. $243,661,683;
1939, $110,585,647; 1938, $70,760,728.
The 1943 grand aggregate in¬
cludes approximately $60,000,000 of local housing authority awards.
Below we furnish a comparison of all the various forms of
V
95,313
r60,0Q0
.
-1.40
—1.40
No. 7,
—1.40
1—0.75
D. No.
D.
S.
County,
•Gloucester, Mass.
44
only $266,210,667, as contrasted with $332,510,145 in the first hajf
of 1942; $604,755,539 for 1941; $550,806,409 for 1940; $726,898,600 for
-
24,550
1*130,000
N. C.__—2V4
Franklinton Township,
Fulton,
2200
.
inability
50,000
50,000
1944-1958
2198
&
10,000
15,000
1
2200
1.23
.63,000
—
2200
1.43
20,000
lVi
-i——l'Vfe
Ohio
Co.,
0.70?
39,000
Ohio
Park,
Basis
dl05,000
Township, Mich
Douglas Township, 111—
Rapids, Mich
and
the war's impact on new
(U. S.)—_
851^188,43a:
765,536,582
100.28
100.28
1-11,000
ill,000
42,500
1944-1958
111.
2305
t
1952-1954
1944-1949
,
East Grand
44
attention is
called to the fact that we rigidly exclude from our compilations all
i offerings representing liquidation by private institutions or municipal
trust and sinking funds. Offerings .of this character have been.rather
heavy during the past year or more, although much of this financing
in the past few months has been effected for account of local sinking
funds, rather than by insurance.companies, etc.In any event, such
operations have proved decidedly iwelcomei to municipal dealers as
they served to compensate in some measure for the dearth of mu«
nicipal financing (other than for refunding purposes) resulting from
Permanent loan
226,425,126"
Price
101.05
100.38
100.2
23,100
l'/2
l'A
V/z
__1
—V/z
2
Chattanooga, Tenn.
12303
equipment j.
1644-1947
.
Croton-on-Hudson, N. Y.__
connection with our totals ion June borrowings,
The
519,570.535
528,469,540
10,
No.
2399
)
600,010,462
no,ooo
—V1/?
Ore
Road Dist.
County
Council Bluffs. Iowa
The $16,000 Cou¬
on page
1944-1973
—
2198
2401
special appropriation at the next $32 000.000 in June, 1942;
session of the State Legislature. $22,650,000 in June, 1939.
Cass
;
—
1-570,000
r570,000
1,500,000
-
:
Montana
semi-annual fire
Amount
Amount
$80,000
1944-1653
City, Ga.________________
Bronxville, N. Y
1.20
2303
1
-::
151,639,581
_
Bibb
2199
r 44
for its own account.
In
88,794,393
.
2199.
Francisco, while a group headed , by John Nuveen
San
103,399,535
Maturity
1945-1948
Alton,. Iowa
Ardsley, N. Y
—3
Ardsley, N. Y.___—-__-3
Battle Creek, Neb.
3 V*
Baxter County, Ark
3V2
Bay St. Louis, Miss._.__
__4
Bay St. Louis, Miss..
—4
Belmont Township, 111
2'/a
I
R. E. Talbott.
included
Transfers
i
warrants,
years' limitation.
Possessors
of
these
warrants
should make arrangements with
statute
2400
$1,070,000 Nevada Irrigation District, Calif., bonds, which were
fo^ new* capital purposes; >
|
\. * - ' /
The Los Angeles bonds were underwritten by a syndicate headed
Co.,
115,126,622
L
,.
$614,448,413
the issues sold during June
Rate
Abington Township, Pa.—
1
Akron, Ohio
IV2
Allegheny County, Pa —_1'A
Name
2400
Butler County, Ohio
with-
financing by
j.
1933—_—_____
Following is a list of all of
Page
.Cascade
Sept. 1, 1940. are
because
1930-
obligations sold in June during the last five years:
$474,305.31.
for
General
now
and
556,806,135
£400
Co., Chicago, marketed the Nevada' District bonds.
V
Other important borrowings (during June included .,$3,000,000
Tacoma, Wash., power revenue bonds, brought out by Shields & Co.,
New York, and associates; $1,500,000 for Allegheny County,-Pa., by
Glore, Forgan & Co. and Associates, and $1,000,000 by Pittsburgh,
Pa., which were purchased by the Union Trust Co. of Pittsburgh
red, the Confederate pension ac¬
count showed a cash balance of
operators and chauf¬
feurs license fund, which was to
112,050,839
sold
Income from investments
The motor
1937__
2397
toward school support.
After several years deep in the
decreased.
1931____:_i_i:__- 120,611,521
E400
municipalities during the
month of June involved the sale j of issues ,in the total principal
amount of $50,947,363, of which $40,753,349 was made up of refund¬
ing offerings?
With regard to the month's, output,-it should be
observed that two-thirds of the grand total was accounted, for by
;wo
"Coast" issues, both of refunding character.
These consisted
iof the sale of an issue of $22,773,000 by the Los Angeles, Calif.,
Department of Water and Power, And one of $13,815,000 by the Im¬
perial Irrigation District, Calif. In addition, still another issue from
the Pacific Coast area during the month represented the offering
go
demands have
508,632,992
ported at the close of business
May 31 despite ' transfers totaling
i$917;453, it was announced : by
Half Year
Long-term
investments in Gov¬
ernment bonds and yet its balance'
as
144,088,903
NO..28V N. Y.___
permissible
last Legislature
1932
:v44-
permanent school
as having $3,073,-
$2,693,568, but was to be reduced
by transfers to the general fund.
The
pension
tax was lowered
from seven to two cents by the
1934—
726,898,600
2399
814, yielding no revenue for the -j
by the Mellon Securities Corp., Pittsburgh, Drexel & Co., Phila¬
support of schools. There are no
Texas municipals now available
delphia, and Harris, Hall & Co., Chicago; the Imperial bonds through
;he medium of an account managed by Blyth & Co., Inc., and Kaiser
and the board keeps abreast of
grows.
604,755,539
550,806,409
2200
is the county and
in line
Next
85,091,518
64,735,885
84,739,605
__
For the
6 Months
.
$108,597,733.
273,343,713
J
No.
016,387.
road district bond
1&35____—A___—
re¬
State Treasurer
over
highway fund was
the most affluent of the
as
332,510,145
2199
Re¬
affected there¬
demand
June
.
32,394,124
■'
pon
shall
■
1942
2199
of)
General Revenue. Increase
;
| Bond Sale
holders
Month of
•
$266,210,667
■
ance
less
•
Year—
1936
$50,947,363
220.1.
wide margin.
by shall file
protests, in accord¬
with the resolution, or un¬
v
.
6 Months
June
•1943
are
16, 1943, unless prior thereto the
a
majority of the cer¬
tificates of deposit
Year—^
i
1938
Va.
holders of
accounts, with a balance of $13,-
fund
Any
action of the committee
the
W.
State
The
•
powers
committee with respect to
For the
said to have approved the issuance
of
the
issuing,
excluded:
are
Month of
1940_
Bonds Voted—• At the election
Hold¬
secretary
States
'1939_:___'_
VIRGINIA
Charleston,
resolution which
a
|Canadian municipalities
;1941__
adopted by enlarging the
/
It
3V4S, according to
the
County
Treasurer.
Dated
July 1, 1943. Due in 1945 to 1962.
Wash.
Notice to Bondholders
of
urer
awarded to Fordyce & Co.
of Portland, as
Imp.
Mercantile National plan of readjustment heretofore
Bank, Dallas.
July 7—V. 157, p. 2306
for sale on
—were
WEST
Dtst. No, 1,
United
Bond Sale
WASHINGTON
Cowlitz County Cons. Diking
cease,
Said bonds will be
/
v
the
V - - For comparative purposes we give the following table, showing
(P. O. Colville), Wash.
'
— The $7,000
coupon the aggregate bond sales for June and the' six months for a series^
semi-annual school bonds offered of years.
In these figures temporary, loans and bonds issued by'
State Treasurer's office.
ing $87,000, in denominations of ers of certificates of deposit issued
$1,000.
by the First Trust Co, of St. Paul,
Dated
Sept,
1, 1937.
These as depositary for bonds of the
bonds are part of an issue of $90,district, are being advised that
500, numbered 1 to 94, matur¬ on July 12, the Bondholders Pro¬
tective Committee filed with the
ing in 1940 to 1974.
par
"yf"'-.
of municipalities.? in
number
The
;
196
1
redeem on
to
which date interest
Nos. 8 to 94 of its
41/2% refunding bonds, aggregat¬
1,
Sept.
.;
permanent bonds and the number of separate issues made during'
June were 86 and 92, respectively.
This contrasts with 77 and 81,
for May.
agree¬
Sch.1 Dist: No.
Cons.
Falls
Kettle
Due
$1,000.
protective
'
ment.
Revenue
j
the
with
accordance
in
)»"
11
1
"
bondholders
requested^to notify the
Treasurer's office.
are
State
1
i-
drawals
Out-of-State holders of such war¬
rants
Monday, July 19,
COMMERCIAL & FINANCIAL CHRONICLE
not included in above total.
$20,336,000
99.92
3.51
Volume 158
Number
THE COMMERCIAL & FINANCIAL CHRONICLE
4195
(Continued from page 246)
rendered
bonds offered for sale
of
—V.
15,
by
158,
on July 12
45—were purchased
p.
First
the
National
Sheridan, as 2s, at
to the City Clerk.
Bank
the
1944
sur¬
Treasury
$55,000,000
at
an
0.496%.
It is reported that
—
bills;
were
yield
average
Due
nounced July 9 by J. O. Asselin,
Chairman of the Municipal Ex¬
of
Oct. 1, 1943.
on
ecutive
Canada
>
yt
Bond
(Dominion of)
Call
ONTARIO
r
J.
L. Ilsley, Min¬
has announced
the call for redemption and prior
payment on Aug. 16, of $106,000,-
ister
000
of
—
Fort
Finance,
Bonds
Vi/'/
Bond
Bank
Dominion
ment;
in
bonds
the February
the
of
case
awarded
were
Co.
made
high
'
2*4%
;
York
New
sur¬
:
..
mittee. had
Com¬
Executive
the
outlined
The company,
both
series D 5'/2 7o
notes__—
be
found
list of corporate
a
which the details
Rochester
•
of
stock, par $5__
Alabama State Bridge Corp., 47« bonds due
Allied Stores Corp., 4V2% debentures, due
Page
Safe
due
H:
1
Harbor
1st
$2208
July 30
1952__„_„Dec
bonds,
headed by
Water
mortgage
Shawinigan
81
trust sinking fund
1
$2141
j
First
Aug
1
American Fruit Growers, Inc., 12-yr. 5% notes due
1950_Aug
1
American Superpower Corp., first preferred
slock—July 19
$1417
196
93
——
Arizona
1st
r
Power
93
Home
ref.
&
155
bonds, 5s & 4 Vis,
due
1950
—
-Aug
California-Arizona Lines,- 4xk'/o
1
6 7c
bonds, due 1943———Sep
1st
v
1
*
1
ref. mtg«. bonds, due 1950—
Creamery Co.. $5 preferred stock-:
Canadian
Canadian
Breweries, Ltd.,
Pacific
55%
Aug
2
&
1
*
1949—
1
Aug
__
and
4y2%
debs.—Sep
due
Warren
*
186
15
"
1
Sep
bonds, series E. due 1996
1
——Aug
1
—
,,,r
A,
——Sep
due 1955
Dividends
first
*
preferred
stock
debentures, due
;
Aug
1954—Aug
Huntingdon & Broad Top Mountain RR. & Coal Co.,
( mtge. 6s. series A and B
Xnterlake
Iron
Corp., 47o
conv.
mtge.
Iowa
6s,
due
1945—
•
and
/V'*
86
9
Aug 10
.
*
$2252
$2151
$2151
Drop Forging Co.,
1
10-yr. 3V2%
New
York
North
class A stock—'
Container Corp.,
conv.
Dock
5V2'%
Products
Co.,
conv.
3%%
——July 20
Aug 10
•
*
194
1
$2255
$2453
Pacific Western Oil Corp., 3vz% debs, due 1949
Pennsylvania State College, 3 V2 % serial notes
Philadelphia Electric Power Co.—
—Aug
1
91
l—Aug
1
196
1st
mtge. 5 Va %
Philadelphia
dated
Philip
—_—_—Aug
dated
bonds, due 1972—!
Rapid Transit Co., 5 7o
Morris
&
Co.,
,"Preferred •• stock,
Ltd.,
4Ya7o
gold
—Aug
bonds
1
2
$2455
*
Inc.—
series————,—M——4— Aug
I
92
1
92
3
92
'
—
1st
mtge. bonds,
due
1958-
—
July 21
Y.)
$2
10-15
10-14
$SV2
7-31
7-
8-
1
7-19
7-15
7-12
t :
.
20c
(quar.)__
$ 1V2
$ 1V2
J.)
(s-a)
N.
Y.
(Chicago)
_____
(quar.)__
7
10-11'
10-15
1
9-28
1-1-44
12-28
10-
$iy2
$iy2
——
5
7-20
1
7-26
8-
2
$5
8-
2
7-
75c
8-
2
7-13
25c
8-
2
7-13
National
Bank
Trust
Co".
(Mass.)
(C'onn.)
(irreg.)
Bank & Trust
Nat'l
1
____i
—
Title
Trust
&
Trust
Co.
(quar.)
(Pittsburgh)
(Greenwich,
7-, 1
10-14.
10-15
$1
1
7-14
7-15
y/i ' $1
■r;
_____
(Pittsburgh)
Bank
State
(s-a)
$1
8-
2
7-
15c
(s-a)—
8-
2
7-20
6-25
3
Conn.)—
25c
Quarterly
7-
1
$20
8-
2
7-20
7-15
7-12
10-15
9-30
.
Co. (quar.)____
(Wash., D. C.) —
;—1_—
Riggs National Bank,
Common
(quar,)
(quar.)
:
—
—-
$2y2
$2»/2
L__—
$2y2
8-
_9-
7-12
2
$$1 Va
1
preferred
/_____
(s-a)
preferred B
.I—
(s-a)
Bank
Nat'l
;
(Irregular)
——
(Wilkes-Barre,
7-31.
i\
-v,
v
7-29
8-
2
$4
7-
6
7-
$$iy2
8-
1
7-15.
$iy4
Pa.)—
South
Bank
?
.
Side
Co.
(Quebec)
(quar.)_—
& Trust
iScranton, Pa.)
Quarterly
________
Stamford Trust Co.
State
Planters
(Conn.)
Bk.
&
/^Semi-Annual
(quar.)____
(Phila.T—•
Commerce. (Cleve.)• (initial)
(s-a)__
(quar.)
Trust of Pittsburgh
(quar.)
—
:
——--—
Englewood
8-
2
7-20.
8-
1
7-25:
8-
2
$3
(quar.)
^
-
25c
8-
2
7-20
8-2
7-7
8-2
7-7
•
(.s-a)
40c
8-
2
1
7-23
N. Y.) '(s-a)_."
(N.
Bank
"•.(Irregular)'
$1
__________
'Continental 111. Nat'l.' Bank & Trust
'(Chi.)—
^Semi-annual
Natl.' Bank
(s-a)
&
Trust)
-f
8-
2
7-22'
7-
1
6-29
7-
1
6-29
50c
7-31
7-24
(s-a)—
$2
8-
7-25
(Wilkes-Barre, Pa. (s-a)
50c
Nat'l
Bank
Bank
(Boston)
(N. J.)
(s-a)
Co.
;
_____
com.
(s-a)_—.
Extra
77c
j
Air
preferred
(quar._—______
Investors, $2 non-cum. conv. pfd. (irreg.)
•Aircraft
Accessories
Corp.,
Packers Salmon
Naf 1
Bank
First
National
Nat'l.
National
Increased
Nat'l
Va.)
54c
pfd.__
conv.
(irreg.)_.
First
Nat'l.
——
$2
7-1
8-14
6-26
7-31
l
7%
$1
1-
1
12-24
7-
1
6-23
7-
1
6-23
8-
1
7-31
75c
25C
89-
1
9-
1
$$l3/4
10-
1
8-
2
7-24
S3
7-30
50c
7-31
7-20
7-
1
6-19
8-
2
7-21'
Bank
(quar.)
$l'/2
(Mayfield, Ky.) (s-a)
(New Haven, Conn.) —
Appleton
7-
6
Atlantic
10-
Bank
National
(Plttstoh, Pa.)
Bank
(Oil
City,
$1
(s-a)
(Southampton,
:
(N.
.
Y.)
7-
2
6-30
8-
2
7-22
$5
Pa.)
7-
7
7-3
75c
$3
(quar.)
7-10
8-
1
7-
6
5
7-
1
7-
5
7-
1.
50c-'
8-
2
7-20
7-15
7-14
common___„—
(quar.)
:
class
50c
9-
1
8-13
A
(irregular)
(irregular)—-:
Telephone,
9-
Vr
8-13
75c
9-
1
8-13
30c
8-
2
7-20
8-
2
7-20
25c
7-30
7-14
_____—
7-30
7-14
fl5c
9-
1
8-20
"60c
7-20
25c
•-
Class A
62VzC
37 */2c
—
______—
Traction,
&
Piano,
B
pfd.
(quar.)
Co.
(irregular)
Axelson
Mfg.
Bankers
Securities
6%
Co.
participating
Barnsdall Oil Co.
Bartgis Bros.
Co.,
--
—
.8-
2
8-
2
8-
2
7-26
7-15
6-30
$1
———
1
Macaroni
$1
10c
1
2
7-10
7-
$1
7-20
7-15
8-
75c
Bank
National
Light
American
$2
(quar.)i
(quar.)__..!
preferred
10-15
Mass.)
7-10
7-15
7-15
25c
—
General Corp.,
Anglo-Canadian
30c
(Maiden,
2y2c
.
$1%
(quar.)__
—_________
Fidelity Co.
preferred
Class
7-20.
7-27
Equitable Assurance Co. of N. Y.—»
pretended
67b
8-31'
25c
70c
Air
American
v
7-31
50c
—
—
Filter* common
preferred (quar.)
1
$2.50
,
7-31
.
13y2c
50c
—
7-23
2
$40c
50c
Co
i
American, ^
.
________
Bank
(quar.)____
Co.
Steel
Semi-Annual
9-24
$iy2
(Elkhart, Ind.) (s-a)
(Greenwich, Conn), (s-a)
(Kenmore, N. Y.)—
10-
$l3/4
(s-a)__
Semi-Annual
Nat'l.
Cast
Equipment (quar.)_____—
6-21
Bank
First
First
(A. S.)
&
_{.'. Extra
7-20
6-28
Quarterly
Nat'l
Alloy
6-28
8-2
$1
Eank
Bank
Aloe
Electric
American
35c
V
(quar.)-
—l
First
7-1
50c
(Alexandria,
Allen
American
(quaT.)_^_„
(Cinn.)
1
7-10
$20c
Corp.
Agnew-Surpass Shoe Stores,
American
$2
.
Extra
7-23
$4V2
(s-a)__
Quarterly
First
2
(Boyerstown,
-
Trust'
8-
.
<
Fidelity-Philadelphia
Fifth Third Union Trust Co.
3
$2
$iy2
7-20
8-
Trust Co.
National
6-
1
Industrial and Miscellaneous Companies
Adams-Millis
Alaska
•
¥,) (quar.$1
(Cleve.)
(irregular)
25c
Conestoga National Bank (Lancaster, Pa.)-—'
^
(Forest Hills,
7-28
7-15'
7-20
7-
25c
$1
Atlas Nat'h
&
6
15c
$iy2
of
; Accumulated
Webster
7-
7-17
2
Co.
^—1
Bank
7-15
8-
40c
(N. Y.)
Bank & Tr.
Quarterly
50c
$iy2
6
(Rich., Va.)—•
i.—
Tradesmens Nat'l.
Union
(quar.)___——-
Co.
Tr.
Trade Bank & Trust Co.
8
7-31
Central
■
_
Trust
7-8
7-19
Bronxville
•
_•
Shcrbrooke
7-15
25c
(quar.)
(Bridgeport, Conn.)
First
$2455
7-14
10-
8-14
First
Preferred stock, 4V2
series
—Aug
Phillips Petroleum Co., 1%% debs., due 1951
:
Aug
Poli-New England Theatres, Inc.-—
7-15
8-1
First
.
7-15
10-15
$2
—
Bank
First
Aug
coll.
1908
$2
$2
.
•
(quar.)- :-
Bridgeport City Trust Co. fConn.) (quar.)__ "
194
1947———July29
due 1949___Aug
1
15
bonds,
(N.
Equity Savings & Loan .(Cleveland)
Nov
1st mtge.
7
—
75c
(Des Moines)
Farmers
1936
NorWell, Inc., 6%
(N.
Bank
Wyoming Nat'l. Bit.
—
f
'
5%notes due
Co., 3Va %: debentures,
debentures, due 1954——,
6-30
7-
7-10
10-
8-
West
Companies
75c
Pa.)
1949
of Reo.
————________
»
debentures, due 1952—July 27
American
'
6-30
$10
Holdert
40c
Corp.—
debentures due
Trust
City Nat'l. Bank <N. Y.)
'.Quarterly
Boulevard
_—
National
When
Payable
:
Black Rock Bank & Trust
*
10-yr. 57o debentures due 1950
—Aug/.T
•
88
Marcy unstamped bonds—!
——Aug •; !>'<■ $1745
Minneapolis Gas Light Co., participation units—-——July 30
194
Moore
and
-
Extra
*'7
'.
are:
Per
Bank (Pittsfield, Mass.)
Bayside National Bank
1st and ref. mtge. 5 % bonds, due 1944—
—Aug
1
$2152
Lehigh Coal & Navigation Co., 4% fund. & impt. bonds_Jan„ 1 V w*
Lexington Ry. Co. 1st mtge, 5% bonds, due 1949
—Aug; 1
$2252
National Distillers
(s-d),^—
10-15
50C
-v
7-15
$2
Valley Nat'l Bank frlioenix, Ariz.)
Washington Loan & Tr. Co. (D. C.)
share
Company
—
Quarterly
Amsterdam
*
1
Aug
Nat'l.
Quarterly
Quarterly
Bankers Trust Co.
July .9
,
given
in our ''General Corporation
Department" in the week when
American Nat'l. Bank & Trust
(Chi.)
i -
.
7-20'
(quar.)
Rhode Island Hospital Trust
In the
name
News
The dividends announced this week
Agricultural
;
1
Keith-Albee-Orpheum Corp., 17o cumul. conv. pfd. stock,July 31
Kern (Ernst) Co. 5 % debentures, due 1944
—..Aug
1
Lehigh Valley Coal Co.—
\
Majestic Radio & Television Corp.—
company
Investment
Bank
■x''/' .'i
1946-—.
due
the
-
87
5s,
Duluth
of
Auburn,
/.( Common
grouped in two separate tables.
Name of
»
—Aug
1
1st mtge.
2
50c
$l'/2
week.
*
Light Co., 1st mtge. 4y2s, ser. A, due 1958_Sep
Bridge & Terminal Co., 1st mortgage bonds
Gas Co.,
8-
— •
—
(Indianapolis)
:
Washington
$2349
dated 1908
$2
R.I.)—
(Syracuse, N. Y.}
(s-a)____—
Putnam
157.
we
$2150
1
Kansas City
are
$1459
1
1
Aug
Power &
Kanawha
■
Volume
declared.
—Sep
___
*
6-21
2
;
1st
debentures, due 1947
International Rys. of Central America—
1st lien & ref. mtge. 6y2% bonds due 1947—
Interstate Bakeries Corp.-Schulze Baking Co.—
1st
of
Quarterly
A..'...'f
many cases are
under
,
Inc.,
7-28
1
8-
Potter
Then we follow with a second table in
show the dividends
previously announced, but
which have not yet been paid.
Further details and rec¬
ord of past dividend
payments in
which
85
1
Texas, 4V\7<>
$2460
$In
2
7-
—__t——_—
Co.
Trust
Bank
Polithania
bring together all the dividends announced the
we
current
1
15,-yr. 5 7c convertible debentures, series B, due 1951—Aug
of
$2460
issue.
8-
S2
5%
1
Oil Co.
this
in
Bank
Second
188
1956—July 20
bonds, series
Aug
Industries,
.
$l'/4
50c
Pittsfield Third
199
1
8-25
'$1%
(quajri)
'
Nat'l.
199
1
1
England Trust Co. (Boston) (s-a)__—
Is) Extra
——-Peoples Nat'l. Bank of Bklyn, N. Y. (s-a)
199
Oct
9-
(quar.)_—.——:—Second National Bank of Nashua (N. H.)^—
188
due
A, due' 1970
*
Florida Public Service Co., 1st 4s, series C,
General Finance Corp.—
r
Houston
.
9-15
$3
New
Co.—
stock—1
7-22
12-15
;'
New1 Britain
$2056
2
2
9-15
—
Royal Bank of Canada
"
ser.
bcmds,
Elgin, Joliet & Eastern Ry. 1st mtge. VU7c
Higgins
1
2
2
8-
12-15
•'
-
bonds, due 1960
47c
trust
1947---Nov
6
"
$2146-
July 20
1st mtge. 5s, due 1951—Sep
6
25-year 5%
Associates-^
mtge. & coll.
to
7-
1
$l'/a
Extra
debentures, due 1948—Aug
8-
$1
(Indianapolis)
(Providence,
Bk.
Needham
i,$2259
———————Aug
Co., preferred
9-30
1
N.J.)—
(s-a)
;_1
j.___
Cf Quarterly
$2355
1
G-30
8-
$1
I
Quarterly
94
1
"
gold debentures extended at 57c
Pictures, Inc., 6%
198
1
Aug
;
Co.
Nat'l.
57c
.
mtge. 3'Aft bonds, due 1966—___:
Cleveland Cloth Mills Co., preferred stock—
1st
'
•4
stock
Announcement
*
Cincinnati Gas & Electric Co.-—
.A 1st
Consolidation Coal Co.,
"
7-10
10-11
Bank (Brockton, Mass.) (s-a)
Bank
National Security
Co.—
series D bonds, due 1962
Danville Traction & Power Co.,
Eastern Gas & Fuel
1§56„_
due
'
(Rudolph)
——
84
——-Aug 31
Consolidated Gas Electric Light & Power Co. of Baltiv
more, 1st ref. mtge. bonds—
——i—
——Aug 2
mtge. 41/a7c
A,
of Reo.
$2 V2
(quar.)
Holders
$1V*
(N. Y.)
Quarterly
National
84
_Sep
1st & ref.
*
83
1
Chicago & Western Indiana RR.
series
Co.—
Brothers
Wurlitzer
)
1946___
debs., due 1959_——Aug
1st mtge. 3%% bonds, due 1967—Aug
Corp., Ltd.—,
Collateral trust 41/2'% bonds, series
A, due 1956——Aug
Wood, Alexander & James; Ltd.—
1st mtge; 6s, dated 1924_
'
Aug
4
Aug
;
5s,
Warner Bros.
82
-
improv, 3 Va %
1st mtge.
15-yr. 77o
$2143
Oct
—
Ry.—
20-yr. 4>/2% collateral trust bonds,
Chesapeake & Ohio Ry.— ,•
Ref.
?
•
Preferred
5%-bonds due
mortgage
Co.-of»California, 3 7c
Valvoline Oil
____
•
Terminal Co.,
United Amusement
156
Blackstone Valley Gas & Electric Co., mtge. & collateral
•
trust 4s, series C, due 1965—————
—July 27
3Vis, series D, due 1968——-a——
__July.27
Bush Terminal Co., 1st 4s, due 1952
July*26
.
Union
$2008
Pulp & Paper Co., Inc.—
closed
,
1
———
Works—
conv.
Beatrice
197
Oil
Cal.)
When
Payable
—
Eo.nk
Trust
Montclair
*
3
Union
—Aug
Bedford
1st
'81
Atlantic Coast Line RR. of So. Carolina 1st 4s due 1948-Aug 31
Baker Hotel of Dallas, Inc., 1st mtge. 5s, due 1950
v
1
—
_____
Nat'-l
Quarterly
Trustees of
1st mtge. 20-yr. 4% s. f. bonds, ser,
B, due 1955——Aug
Atchison, Topeka & Santa Fe Ry.—
Baldwin Locomotive
—Dec
Corp., 1st 5Vs>%, due 1949___Aug
Temple Baptist" Church, Memphis. Tenn.—
mtge. bonds, due 1946-1950--——.
,_Aug
Struthers-Wells-Titusville
$2443
1
Armour & Co. of Delaware—
15, 1943.
(New Haven, Conn.)-—
Merchants
197
1
$169,000
15, 1944 to 1949 in¬
(Wichita, Kan.), (quar.)_
Minnesota
1
Pro¬
Due
75c
Bank
National
Quarterly
$2353
1st 6s, due 1948—Sep
and 4%
share
(West Orange,
Lincoln Nat'l. Bk. & Trust
$1565
1
—
Southwestern States Telephone Co.,
1st 6s, series B, due 1949—
Corp.—~
mtge.
1
June
Payable in Canada.
Dated June
(Stockton,
Bk. & Trust
Industrial
ffi:
Corp., 12-yr. 3"%"% debentures, due 1950—Aug
Advance Bag & Paper Co., Inc.—
1st mtge. 4% 7c bonds, doe 1955
-—Aug
156
>:
clusive.
i
National
Indiana
Sinclair Oil
'
Dated
bonds.
from June
of)
Bank
National
Fourth Nat'l
Southern
1951—.———Aug
American, British & Continuental Corp.-—
5 %
debentures.- due 1953—
3V2, 3V2
(Westfield, "Mass. (increased)
(Quarterly)
1
1949
to
Payable in Canada
Semi-annual
196
"
1944
15,
Pro¬
$31,000
15, 1943.
vincial
Bank
Bk.
First Nat'l
$2456
1979
——Aug
Co., 1st mtge. & collat.
bonds, series F, due 1961—Oct
Due
and New York.
/
Semi-annual
1
due
and 4%
$2 -72
Nat'l.
First Nat'l.
Power
47o
June
inclusive.
-
First
*
1
Gundy
Per
$2353
1
Power 'Corp.—
&
from
3%
Quarterly
Aug
Corp., A. E.
Wood,
bonds.
Name of Company
193
—Sep
4 VzVo. bonds,
Water
vincial
4.16%;
$2,250,900
Page
1
p.
follows:
186,000 3V2,
the Midland Securities,
-
'
and
$
maturing from May
Grace
:
—
Securities
Co.,
as
average
New Brunswick (Province
re¬
Co., all of Toronto, and mature
It is reported that a syndicate
—Sep
1936-1955—
&
syn¬
&
1,014,000
Ottawa.—
Joseph Ry., Light, Heat & Power Co.—
1st mortgage 4Yt% ■ bonds, due 1947—i
Ames
G. Beaubien
and
of)
reported
$1,200,000 bonds sold
Dominion
Leclerc, Inc.,
an
now
45—were purchased jointly by the
BRUNSWICK
NEW
gold debsntnres,'series A, dated .1928—July 21
Gas & Elec. Corp., series C preferred
stock—Sep
1
of
Aug.
cently, as noted here—V. 158,
1, 1944 to 1963.
Corp.—
Series D preferred stock—'Roman Catholic Episcopal "Corp.
47a
1958,
1,
St.
Date
Aircraft Accessories Corp., preferred
Power
a
was
Montreal, at
school bonds,
Rochester
given in the "Chronicle."
were
Company and Issue—
5%
Central
that the
of
♦
Aug
~
—
Bank
(Province
Purchasers—It is
21—v, 157, p. 2306
syndicate headed by the
a
May
on
Date
.
Saskatchewan
$1,500,000 school bonds, maturing
according to re¬
EpiscopaL Church" ii\ the Diocese of Chicago—
on
on
SASKATCHEWAN
Que.
cost to the Commission of
in
port, agreed to provide for the re¬
$500.
Aug. 2, 1956.
Information -—In
dicate headed by L.
& Co., and Rene T.
granting
the investment house a 30-day
guarantee-that the city would ac¬
cept no plan until the firm's pro¬
posal had been studied.
^
and
Due
Interest payable F-A.
Montreal),
chaser of these bonds
Railway Equip. & Realty Co., 1st mtge. A'/is,-due 1949-Aug 11
Republic Steel Corp., gen. mtge. 41/2s, series B, due 1961_Aug
1
River Raisin Paper Co., 1st
mtge. 6s, due 1945—
.«iUAug 2
bonds, notes,
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak->
ing tenders, and the page number gives the location in
'
have
which a
$1,000
2, 1958; optional
Canada, of
Montreal, was offering the follow¬
ing $3,750,000 4% semi-ann. bonds
for general investment, it is now
reported that the original pur¬
to
specifications
of
Company and Issue-—
Protestant
antici¬
,
purchased
Dated Aug. 2, 1943.
June
on
.
Below will
•
Co.' is "reported
to
member
Banking House—F. S.
Redemption Galls and Sinking Fund
/
&
ley
■
/-
.
are
said, although the plan by Mose¬
held
»
Montreal, Quebec
proposals
,
pated from other sources, it was
was
■'
'
■
Committee.
Similar
Y
Receives Refunding Offer From
15, 1944 and
subsequent coupons must be
'
;
QUEBEC
Govern¬
the
tive
by Wood, Gundy & Co. of
Toronto.
the whole
proposal, he said, would not
be made public until it had been
given further study by the Execu¬
/
103.76
consideration
of the
d $29,500
of
here
Provincial
full
Toronto, has
Denominations
with. the..report given
connection
has
picture" of the city's debt. Details
to
bid
city
—that
into
a
Second
the
and, ac¬
cording to Mr. Asselin, • fit takes
Fairclough &
Toronto, at a price of
basis of about 2.67%.
of
104.18,
which
on
O.
(P.
Additional
been in default for several years.
im¬
provement bonds offered June 15
Agency
Montreal, fiscal
of
the
Sale—The
in¬
relatively large amount
a
of
$2,500,000 3%% refunding bonds.
Montreal Catholic School Commis¬
sion
total
Ltd.,
city officials pointed out.
The plan covers 15 pages
•
•
Ont.
Prescott,
of
of
reported
Due in 1944 to 1958.
sentation at the New York
the
is
V
*/.
above-mentioned
of' debt
of
$80,000,000 Dominion
of Canada, 2% % seven year bonds
due Jan. 15, 1944.
All of these
outstanding bonds being called for
redemption, are payable, for the
principal thereof, on and after
Monday, Aug. 16, 1943 upon pre¬
agent
It
—
Committee.
cludes
*.
':
Montreal, of Montreal, at a price
102.87, a basis of about 3.08%.
'
of
Sold
'
$81,956 3l/z%- semi-annual
improvement
bonds have
been
purchased
by
the
Bank
of
Notice to that effect -is being
given to holders of $76,000,000 Do¬
minion of Canada, 2Vz% ten year
bonds due Aug. 15, 1945, and to
holders
William, Ont.
The
;
>
.
that
Government of the Dominion
of Canada bonds.
i
247
Moseley & Co., New York City; financing of the city's debt at an
have submitted a plan to the
City average interest rate lower than
of Montreal,
Quebec, for the gen¬ 3V2% and not to insist upon a
eral refinancing of the city's out¬
budget-control
bureau.
About
standing funded debt of approxi¬ one-third'of the outstanding debt
mately $231,000,000,- it was 'an¬ is callable in United States funds,
attached.
Bills Sold
sold
'be
must
coupon
rendered
of
according
par,
attached, and in the case
21/4 % bonds -the January
7-28
7-23'
9-
8
8-14
6-30
6-19
7-26
Corp.—
preferred
(accum.)
(quar.)_
67o
conv.
—
pfd.
(quar.)
—
15c
37y2C
Monday, July 19, 1943
CHRONICLE
COMMERCIAL ;& FINANCIAL
THE'
248
Per
■
■
1 .When
6'/*
Mfg.,
$iy4
option—cash
(Holders
1/32
or
stock)
common
5%
9-
1
8-14
Morris
9-
1
8-14
Nashua
9-
1
8-14
National
New
i$5
(A.
f-
Cab
Chicago Yellow
1
8-
2
15c
8-
10-16
7-23
;
7-22
7-31
50ci-
*J'C
•
2
7-21
,
8-
2
7-21
50C
9-
1
8-16
40c
8-
2
7-22
9-
1
8-16
7-31
7-15
Atlas Powder Co.,
8-25
Avondale
'
(s-a)
A (quar.)__
:7/v$ 17a V;(quar.)
.s;:..
common
9-15
20c
.._
(quar.)_
—.—_
(quar.)____:
7-30
Badger Paper Mills,
8-31
Baldwin
8-31
Baltimore. American
7-20
7-23
$1.05
20c
7-10
$1.20
7-10
40c
8-16
J50c
8-16
$1%
preferred (accum.)
—
Consolidated Press, class A (resumed)
Crown .Cork & Seal, Ltd.
(quar.) J_,—---Dallas Power & Light, 7%
pfd. (quar.) —
$6 preferred (quar.)
—
--------■"Dallas Ry. & Term., 7%
preferred (quar.)
De Vilbiss Co., 7 7* preferred (quar.)
Detroit Manufacturers RR. (s-a)Detroit-Michigan Stove
Diamond Shoe Corp; (increased)
Dictaphone Corp., common —
—
87* preferred (quar.)
--;-r—
Dominguez Oil Fields (monthly) — -------Duquesner Brewing
(Pittsburgh) (quar.) —
Eppens Smith Co. (S-a)
"T--—
Equity Corp., $3 conv. pfd. (accum.)
Fairchild Aviation Corp. (irreg.)
Fairmount Creamery, common
4i/o% preferred (quar.)—-—
Felin (J. J.) & Co., 77* preferred —r
Fidelity & Deposit Co. of Md. (quar.)
7-10
8-
2
$172
8-
2
8 '/a
:
■-{
6-15
10c
7-31
15c
8-
2
7-20
9-
1
8-13.
Silex
8-13
8-
2
8-
1
7-25
75c
9-
1
8-13
50c
8-12
7-29
25c
7-
1
6-19
$178
7-
Industrial Securities,
77*
Foods
7-23
8-2
7-20
8-
2
8-
2
7-15
8-
7-29
9-
1
8-14
9-
1
8-18
8-
2
7-15
8-
2
20c
Land & Exploration __—•
Ppwer & Light, $6 pfd. (quar.)
Louisville, Henderson & St. Louis Ry.—
—
—
(s-a)
Common
5 7*
non-cumulative preferred
Steel
Co.
Lunken*m:mer Co.
Lukens
•
.
$1.25
conv.
.
redeemable preference <s"a'—
Glass Insurance (s-a)—
MaudXMuller"c~andy
McGraw
Class A
672 7*
(quar.)
1st
preferred
Marble,
McNeel
Meier & Frank
Melville
5 7*
Shoe
6 7* 1st preferred
Co. (quar.)——
Corp.,
preferred
——
(quar.)—
common
(quar.) —
(quar.)——:—
&
Miller & Hart.
8-28
8-14
t$1
t
9-15
J25c
9-15
8-13
Canadian Pacific
5 8-13
$1%
8-
1
7-s26
$1
8-
1
7-26
30c
7-
1
6-22
$17.
8-
2
40c
9-
1
8-10
Central
5C
8-
2
7-14
Central
C:
:
Ribbon
Century
8-
75c
7-15
7-
8
30c
Properties
APW
$iy2
8-
2
7-15
$1%
8-
2
7-15
9-
1
8-
5
9-
li"/
8-
5
8-
1
7-15
10-15
9-15
8-
1
7-25
9-
1
8-25
Alpha
7-28
Aluminum
62y2c
$1%
■:."•
25c
'5 J75c
10c
'
$iy4
7-28
10c
7-
$8
Allied
2
8-20
8-
30c
7-28
7-24
v
10-
1
9-
1
8-
1$1%
9-
1
8-
•
t25c
2
9-
40c
5. t25c
7-15
7-24
"
1
8-
9-
1
7-30
9-
7-30
1
8-21
stock
7-22
9-
8-
1*
_
class
$2.75
9-21
12-18
1
8-16
87V2c
8-10
7-30
i5c
7-20
6-30
9-25
9-
:
/
8-
1
8-
1
8-30
7-27
8-14
7-30
(opt.
or
8-
8-14
4
$lJ/2
8-
2
7-23
$l'/2
8-
2
7-15
$1%
7-
1
6-19
$1%
7-
1
6-19
Americfm-45nvelope
1
9-16*
50c
9-30
50C
12-31
9-30
9-15
,/$l3/4
12-31
12-15
15c
8-
2
75c
8-16
8-14
6-25
Lines,
Export
preferred
$7
pfd. A
7%
5%
pfd.. (quar.)__
1
$l3/4
12-
1
Fruit Growers
American Home Products Corp.
American
______
American
(monthly) —
(Newark, N. J.) (s-a)_
Insurance
Extra
Paper Goods Co.,
1
7-
1
25c
8-
2
7-20
25c
8-
2
7-19
American
6-30
6-24
American
Stove
6-30
6-24
$1%
6-30
American
Viscose
7% pfd. (quar.)
6-24
6-25
7%
7-15
7-
15c
8-16
8-
50c
8-
1
7-23
-$iy4
8-
1
7-23
20c
8-
50c
9-12
8
2
2
9-15
(quar.)__.
preferred
Amerada
7%
$iy2'
(Mobiles-
Quarterly
American
7-
Petroleum
Corp.
(quar.)^_________
(quar.)
common——
American
$5
Zinc
conv.
common
(quar.)—
preferred
5%
20c
8-
2
7-14*
25c
10-
1
9-
3
5c
10-
1
9-
3
10-1
50c
$1.75
9-15
9-
3
$1.75
12-15
12-
7-31
8-
6
7-31
7-
2
8-
30c
preferred
7-20
9-
2
8-31
Anchor
—
2
7- 9
7-31
6-18
10-
—_—'
8- 3
6-30
7-21
7-7;
7-21
7-20
7-10
40c
17c
$1
$lJ/4
Siy2
$l3/4
15c
9-17
59- 7
2
6-30
8-
2
7-15*
8-
2
8-10
7-15.
; 7-20
$1%
"
_i.—'
7-12-
8-
9-
1
8-20.
8-
2
7-16
6-30
9-20
;
37V2C
70c
25c
15c
(quar.)—
8-
3;
8-16
9-
1
12-
1
11-15
Terminal Realty—
:
preferred (quar.)
'
$l5/8
$l3/4
(quar.).
t
7-
6
2
7-
1
8-
10c
7-26
7-19
25c
(resumed)
7-20
7-10':,
25c
$l>/4
8-28
8-15
7-20,:
$l'/4
$l'/2
prefer, (quar.)
8-15
7-20
8-15
7-20
8-
2
7-15
8-
2
7-10'
8-12-.
,•
Electric Co.—
$1.62
Co.
Edison
7-31
(quar.)
35c
$3
7-
75c
8-16
7-30
t$l3/2
t$) Vfe
&
7-22
9-30
9-25
12-31
12-24
Southern, $6 pfd. (accum.)
7%
8'
—
7-
8- 2
$3
$lJ/2
1
7-15
$l'/4
8-
2
6-30
$7.50 preferred (quar.)—4—$1.87'/2
Consolidated Retail Stores, common
12y2c
8-
2
7-15
10-
1
9-18
10-
1
9-18
class
preferred
Cigar
A
(quar.)—37y2c
Corp.—
prior preferred
Y.—
preferred (quar.)
Consolidated Vultee Aircraft, common——_
$1.25 convertible preferred (quar.)„—
Consumers Gas
(Reading, Pa.)____—_____
Container Corp of Amer
__.
—_
(W.
B.)
Co.,
—
Products-Refining, common ___
Crowell-Collier Publishing, 77* pfd. (s-a)__
7% preferred (quar.)
$5 conv. pfd. (quar.)
Forster, 8 7* preferred (quar.)—__
Crown
Drug Co.,
Crown
_
, .
.
'
$2
50c
3iy4c
Zellerbach Corp.,
&
Culver &
C.
Port Clinton RR.
:
,
Liquidating Co.—
(Liquidating) formerly
9-
8-
6
8-20
1
>
8-31
25c
9-15
25c
25c
8-20
8-
8-
1
7-10
6-
1
7-10
8- 2
7-23
65c
$3y2
43%c
$iy4
■' $2
7-26
7-
8-
7-24
$l3/4
5
.
(s-a)
Extra
9
8-16
60c
common—'——
7preferred
(quar.)
Corn Exchange Bank & Trust Co. (N. Y.)—
(Quarterly)
$1%
(quar.)
8%
6-21
7-9
9*
9-15
9-
8-13
7-8
7-16
1
7-
2
10-15
—10c
—
10c
Cuneo Press, common (quar.)—
37'/2c
4Vz 7* preferred (quar.)_
—
' 1 ,$iy8
Cunningham Drug Stores (quar.)——i.
25c
8-2
5
2
Crum
8-
7
7-
7-20
7-20
$iy2
7-
8-
7-20
t68%C
2*
7-6.
8- 1
'
7-20
7-
8-
* t$l
2
,
6-30'
8-14
2
I
6-30
8- 2
2
7-19
1
59-15'
9-1
8-
OO
1
7-31
8-
25c
9
7-31
8-
50c
8
9-
1
10-
50c
$iy4
(accum.)
&
Anglo-Canadian Telephone^
5 Vz 7*
preferred (quar.)—,
7-16
2
6-21
8-
$iy4
Corn
8-31
6-19
2
8-15
2
7-15*
50c
7-21
8-
3
50c
'
Wire
9-25
7-31
5
7-26
$iy4
(quar.)
Cable Co._
;
_.—
Post Fen*e. 6% prior pfd. (quar.)
Anaconda
9
7-31
8-16
8-2
Coon
Lead & Smelting—■
prior
7-
17-15*
t$l
preferred (quar.)
—
Consolidated Laundries Corp.—
.
________—
(quar.)—
;
American Thermos Bottle (quar.)——
Co.
Corp.,
7-20
2
8-16
8-
2%
$5
8-21,
$1%
Smelting & Refining,
1st preferred
9-15
"9-15
7-10
8-
8-
(quar.)
pfd.
Consolidated Edison Co. of N.
8-21
$1.20
$1.40
2
7-
—
partic.
6y27*
9
—
—
National Bank & Tr. Co.
25c
11-25
8-
8-
8-16
$iy2
9-11
8-25'
8-16
•6-30
8-16
preferred (quar.)
Consolidated
$iy4
6-30
t8- 2
1
,v\9- 1
7-12
1
7-16
2
8-
,t8- 2
2
pfd. (s-a)
Connecticut River Power, 6 7* pfd. (quar.)__
Consolidated Chemical Industries, Inc.—
9-
7-12
8-
(s-a)
—
Southern Ohio
&
Quarterly
Quarterly
7-22*
10-
8-20
8-1
/ £$174 :
pfd. (accum.)
Confederation Life Association (Ontario)
25C
(accum.)
50c
.
(quar.)
$6 pfd. (accum.)
American & Foreign Power,
American
9-15
Co.,
9-15
$1 »/4
$iy4
Utensil
Concord Gas Co.,
$1%
7-17
1
preferred (quar.)
pfd. A (quar.)
Commonwealth
7-17
2.
1
10-
cum.
Commonwealth
7-12
2
2
-J85c
t37'/2c
Connecticut & Passumpsic RR., 6%
8-
6-30
8-
8-
(quar.
Aluminum
Columbus
■,r
series of 1936)
1/32 share of class B
7-14
1
t$l
t$3V2
(s-a)
Oil Co.
Cotton
Co.
6 y2 7*
12-15
$1%
.
8-25
8-
$15c
__
preferred (quar.)
preferred (quar.)
6 7*
'? 9-15
div.
7%/preferred A (quar.)
American
National Bank
5%
10-
r
(quar.)
pfd. (quar.)_
Columbia Gas & Electric, 57*
1
20c
1
8-25
7-24
37'/2c
",62y2c
10c
(St. Louis) (quar.)„4^
Colorado Fuel & Iron (quar.)—
R-30
8-
1
9-1
75c
Coca-Cola Bottling
1
12J/2c
9-
1
$1
5 7*
67*
7%
Mills,
fi1/? % y preferred
Club
8-
;
7-15
$$116
20c
$iy»
114pfd. (quar.)
Corp
Power,
Clinchfieid Coal, 7 7*
$iy4
stock
8-16
t3iy4c
1
12-29
9-
2
Cincinnati New Orleans & Texas Ry.—
_
A
in cash
34 %c
7-16
2
8-16
t62yac
10-
$1%
7-15
8-
</ £$l'/2
(quar.)_______
Cincinnati Postal
'
9-15
$iy2
(quar.)
preferred (quar.)___—
—
7% preferred (quar.)
——:
Amalgamated Sugar, 5% preferred (quar.)
American Barge Line (quar.)
American Can Co. ——
American Cities Power & Light Corp.—
$3 conv. class A (opt. div. series of 1928)
V
37'/2C in cash or l/64th share of class B
2
35c
$1V2
——
7%
8-21
8-31
50c
7-16
'
2
8-
convertible preferred (quar.)
Si '/a
b%
7-14
2
$lVa
i -
7-
8-
Chain Store Products-
3-31
7-24
8-
;
2
1
10-
7-31
7-22
8-
de. Pasco Copper
Cerro
5 7*
$iy2
Co.
Common
9-20
J30C
Cement
of Canada, 5% pfd. (quar.)
Aluminum Goods Mfg., common
Aluminum Manufacturers, common (quar.)—
I
87 V2C
•
Portland
"•
$iy4
common
Corp.,
Stores
of Rea.
Payable
25C
(irregular) _____—:
Alabama Power, $5 preferred
(quar.)
Alberts Super Markets, 6% pfd. (quar.)—_
6 %
preferred (quar.)
Allegheny Ludlum Steel, 7% pfd. (quar.) —
Alientown-Bethlehem Gas, 7% pfd. (quar.)
Abraham & Strauss
7-
1
class B_
Holdert
When
Per
thare
Company
7-31
8-16
6-30
class A
Wire__.___
Stepl &
Chilton
Name of
York
preferred
*7%
Central
Chase
7-24
8-16
.:
$1.7719 v
$38c
$20c
;
preferred
Central Power & Light,
Chickasha
7-10
7-16
7-30
&
Investment
8-14
1
8-31
2
8-16
Ohio Ky. tquar.)__
(quar.)
Central Hudson Gas & Electric, com. (quar.)
1
7-20
1
8-
7-10
Central Cold Storage Co.
New
8-31
10-
8-
'
9-
$iy2
7-15
1
/
Class *B
45c
I2y2c
7-10
7-29
10-
Ry.—
Carolina, Clinchfieid
7-15
'
7-31
7-31
2
8-
(quar.)
Canadian Wallpaper Mfrs.,
.
8-16
8-16
7-20
'
^
_,
non-cummulatlve
4%
>
83/4C
——
Mfrs. Insurance (N.Y.).(s-a)
$1 prior preferred —
Montreal Loan & Mortgage (quar.)
Merchants
'
9-20
preceding table.
—
(quar.) ______
10-10
$27a
J272C
7-15
.
7-31
*
8-14
—
——
(quar.)——
B
7-31
9- 1
1
i2y2c
Co. — -—----McFeely & Prior, Ltd.—
Electric
McLennan,
Class
(irregular)--———-
;
9-1
t25c
tU
\
9-10:
-
7-20
450c
8% pfd. (quar.)'
$$2
(quar.$$2
Canadian Industries, Ltd., class A____
tSl'AClass B
t$iy4
Canadian Internat'l. Investment Trust, Ltd.—
V 5% preferred (accumulated)
J50c
; Canadian Investors
Corp. (quar.)_^_
*
£10c
Canadian Oil Cos.,
Ltd.
(quar.)
$25c
announced in previous'
and not yei paid. The list does not include divi¬
announced this week, these being given in the
i2y2c
Massachusetts Plate
10- 1
■
7-15
2
7-21
8-
Electric
General
9-
50c
Lyons-Magnus, $1 class A (accum ) -----Lyons Metal Products, 6 7* partic. pfd. (quar.)
Mabbett (G.) & Sons, 77* 1st pfd. (quar.)—
77o 2nd preferred (quar.)———
—r
Massey-Harris Co., Ltd.—
t75c
7- 2
7- 0
•
Canadian Foreign Investment,
Canadian
3
7-15
_____
________
(quar.)
Canadian Converters
7-20
8-2
$lJ/2
dends
$3
—
;
2
8-
50c
58 l/3c.
8-
7-20
,7-3.1
25c
8-20
(quar.)
Power,, common
preferred
5Vo
7-20,
.7-31
25c
———
C 7-20
8-16
weeks
$4
(s-a)
2
7-31
$2 v2
(increased)
8-
9-10
—---
Louisville & Nashville RR
C
8-16
10c
Louisiana
2
7-20
,l
20c
Louisiana
$1% 7
41 2/3c
:C 7-20
8-
■■:$17a.;.V
Trust (quar.)
Ry. (s-a)
;
Canada Starch Co., Ltd., 77c pfd. (s-a)____
Canadian Breweries, $3.40 conv. pfd. (quar.)
Canadian Bronze
Co., common
(quar.)__„
8-16
2
8-
7-15
50c
16c
16c
68%c
>
Canada Southern
8-28
10c
.-*
Canada Northern
9-30
-------
Go.
6-25
!
6-30
7-20
1
7-15
(quar.)—
Corp.
Tungsten
6-25
6-30
:
Callite
"
25c
(quar.)—
Gas
30c
1
the dividends
Below we give
"
—
(interim)
9-
7-
2
8-
2
2nd preferred
50c
.
Machine ——
Lazarus (F. & R.)
& Co.
—
Life Savers Corp. (quar.)————
Loblaw Groceterias Co., Ltd., class A (quar.)
i 7-23
10-1
7-20
8-6
$1VZ
Monotype
B
•
7-23
7-15
:*:'8- 2
8-31
25c
,
;
2
8-
■7-31
/
(quar.)
Co.
Inc.
-participating 2nd preferred (quar.)'—
Calgary Power Co., Ltd., 6%
pfd, (quar.)
California Electric Power, $3 pfd. (quar.)
California Packing Corp., common iquar.)
>•' 5% preferred (quarter)
7-30
''
2
8-
6
8-
62'/2c
80c
•
'
8-16
}' 8" 2
-
$2
preferred (quar.)n———
Wheeling & Lake Erie Ry. Co.— . 7
5 72%
convertible preferred (quar.)
f'.4 7*
prior lien (quar.)—————:—
Wlco Electric Co., class A pfd.. (quar.)—_
Wisconsin Public Service, 57* pfd. (quar.) —
Woolworth (F. W.)
Co.
Yuba Consolidated Gold Fields——
1
8-
8-15
7-31
King
Star
7-15
40c
Illinois-Iowa Power Co.,
; Class
1
60c
2nd partic. pfd. (quar.)——
77* non-cum. prior partic. pfd. (quar.)—
Home (Joseph)
Co. 67* pfd. (quar.)
Hub Loan Co., 57* preferred (quar.).
Hutchins Investing Corp., $7 pfd. (accum.)
Idaho Power Co., $6 pfd. (quar.)
—
Lone
6-23
Fund,
$1
30c
non-cum.
Lanston
7-19
8-
7
————J
(quar.)
Common-
2
75c
Electrochemical, common (quar.) —
preferred (quar.)—————
Hormel (George A.) & Co., common
—
6 7*
preferred (quar.) —:
Seeley Corp.
—
Klein (Emil) & Co. (quar.)
Lake of the Woods Milling com.
7 %
preferred
(quar.)
—
8-
37y2c
C%
c
7- 9
8-16
10c
———————————————
57* pfd. (accum. >—
International Harvester Co., 77* pfd. (quar.)
International Machine Tool Corp. (quar.)—
Investment Foundation, Ltd.—
67* convertible preferred (quar.)
Jantzen Knitting Mills, common
—
57* preferred (quar.)
——
Kable Brothers Co. (increased quar.)
Kansas City Life Insurance (s-a)_————
Kentucky Utilities, 7 7* junior pfd.
(quar.)
6-30
7-15
$1%
(Bait.)—
preferred (quar.)
7-15
10c
'Hooker
77*
7-20
75c
Railway (irreg.)--—-Hat Corp. of Amer., 672% pfd. (quar.)
Haskelite Mfg. Co. (quar.)——————JJearn Department Stores, 67*
pfd. (quar.)
Hires (Charles E.) Co.
i
Hobart Mfg., class A (quar.)
--———
Home Insurance Co. of N. Y.
(s-a)—
c%
2
8-
•
J50c
Harrisburg
.-
♦
19
25c
t
preferred (accum.)——-——-———
(Dallas) (quar.)———Hammond Instrument, 67* pfd. (quar.)—
^
7-?
7-16
—
77*
7-31
25c
7%
Horn (A. C.) Co.--
7-26
4
8-
40c
"
Extra
8-16
40c
Gulf Insurance
Homestead Fire Insurance
8-14
8-16
7-23
.
j' 9-1
.
50c
7
^
preferred (monthly)—.:————
preferred (monthly)
United Fuel Investments, Ltd.—
^-67* class A preference (quar.)
:
United Grain Growers, class B common
57* non-cumulative preferred A
United N. J. RR & Canal (quar.)—
Upper Canada Mines, Ltd.-'————_—
Walker (H.)
Gooderham & Worts—
8-14
1
preferred (accum.)
87*
1
S772c
C
8-16
;. 9-15
A
67*
7-15
9-
t$l5/4
77* pfd. (quar.)_——
(s-a)_
Republic Insurance of Amer.
Guardian Realty Co. of Canada
2
9-15
7-21
25C* &
8
1
11-
7-31
(quar.)
(quar.)
Co..';—
_'
(Los Ang.) 5% pfd. (quar.)
Byers (A. M.) Co.—
7%
preferred.
This dividend represents
the accumulated and
unpaid quarterly
dividend of $1.75 due May 1, 1943, with
\
interest thereon at the rate of 5%
Cadwell Linen Mills, $1.50 1st pfd. (quar.)
7-21
9-
7-
2
25c
$1
-
Bullock's Inc,,
7-31
C.
v9" 1
6-25
2
8-
40c
Buckeye Pipe Line
9-10
C
.
2
8-
$iy2
22"/2c
t62'/2c
(quar.)
Edison
67*
5
9-10
2
77*
7-20
20c
>.
Corp.
Globe &
7-30
preferred (accum.)——
—
Texas Gulf Producing
——
Texas Power & Light, $6 pfd. (quar.)—_
79*
preferred (quar.)*———
Toledo Edison. Co., 57*
pfd. (monthly)
$1%
General Metals Corp.
General Steel Wares,
Tampa Gas,
8-14
25c
(quar.) — -————
(quar.)—————
(s-a)—-
preferred
General
7-20
1
9-
8772c
common (quarJ—
8-. 5
s-
8-
50c
25c
$l3/4
(quar.)
common
Bourjois, Inc., $2.55 preferred
British Columbia Telephone—
r. 7- r
2
Co.
&
(A.)
Stein
20c
;-
—
7-31
50c
•
(irreg.)
common
(quar.)—
preferred
$3Va
7-31
7-20
$1
i
General Cigar Co..
7-15
$172
Tire
Rubber, 67* pfd. (quar.)
First Boston Corp.
Franklin .Fire Insurance of Phila. (s-a)_—
Firestone
Fulton
6-19
$i
Extra
1
7-19
(N. J.) (quar;)__
(quar.)
Sterling, Inc., $1V2 preferred (quar.)—
Superior Portland Cement, class B ______
Swift & Co. (quar.)——-*:
—-—
'$1%
1
7-20
8-
Insurance
Fire
Standard
B
j\
(quar.)___—_
(quar.)
Boston Personal Property
.
,,
$i
:
VC 7-26
'■>' '75c.... -;8-
Agricultural Chemical Co., common—
$iya
preferred
(quar.)-^
———_
,;.317ic
Southern California Water, 5% pfd. (quar.)
3772C
67*
preferred (quar.)—
<———
Standard Brands, $4Va preferred
(quar,)'_i
„v
;' 75C
7-21:
$2
—
common
(quar.)
Ami, class A
Boston
25c
Company
6%
'15c
(initial)
preferred
Boston
7-36
"
7-30
$5c
'
'
7-17
7-30
25c
;
Class
'
Smith
9-1
$2
Bon
8
,
.
25c
■>
7-26
$2 conv. preferred (quar.)
Bloomingdale Bros., Inc. (irregular)
Blue Ribbon Corp., 5 7* preferred (quar.)
Bobbs-Merrill
Co.,
common
(resumed)
10-15
8-16
1
:
t$l
£$1%
50c
J15c
(quar.)—
(John) & Sons (s-a)__
preferred
6%
10-15
"35c"
7-15
9-
20c
Black-Clawson Co.,
C 7-19
7-
8-13
2
3Qc
(quar.)—
Hydro-Electric
Foods, Inc.
$7
7-20
7-20
'
7-15
Best
7-20
7-15
1
8-
10c
Birtman Electric Co.,
11-1
;■
8-13
10c
(s-a)
Insurance
Extra
C. 8- 4
interim)8-16
35c
Class
B
(quar.
interim):
■*. 8-1
20c
Rose's 5, 10 & 25c Stores (quar.)———7-15
r.rc'$272c:::
Saratoga & Schenectady RR (irreg.)*— _*—
;
20C
: p 8-16
Schumacher Wall Board, common
8-16
.:.
50c
■
$2 participating preferred (quar.)__w——
10- 1
10c
Securities Acceptance Corp., com. (quar.)—
10- 1
3772C
6%
preferred (quar.)—
1
8-10
$27a
i
15c
::v;q $i
(quar.
Common
1772c
.
__
CC-'A
„
2
8-
$1%
—
1
9-
75c
12J/2c
preferred (quar.)__
(quar.)
Brummel Ties
Bertram
8-25
:
•
6%
Co.
Benson & Hedges,
1
11-
15c
Co
Belding-Corticelli,
Ltd., common
77*
preferred
(quar.)
6
7-
7-31
5c
Fund, common
(quar.)
6 7*
preferred B, (quar.):
•
Reserve Investing Corp., $7 pfd. (accum.)
Reynolds (R. J.) Tobacco Co.—
Republic Investors
6%
preferred A
7-10
Beau
6
6-10
■
1772c
Rubber
Bangor
7-14
8-
Wilcox
&
Extra
7-20
)
(quar.)
Columbus Dental Mfg., common (quar.) —
7% preferred (quar.)
Commercial Discount Co. (Los Angeles)
T/0 preferred (quar.)
—
7% preferred (accura.)
~T-~——
8% preferred (quar.)
—-—~
Collins Co.
5% conv. pfd. (quar'.)_„_
common______________k____
Ault & Wiborg Proprietary 5Vz % pref. (quar.)
Austin Nichols & Co., $5 class A (accum.)—
Mills,
Baocock
.
7-10
9-
$1
$iy4
7c
t$l%
$2
(quar.)
A
8-30
■
8
7-20
Co.—
pfd.
9-15
.
■
—<—-
Insurance —
Machine —-—
Colgate-Paimolive-Peet, common (quar.)
$4.25 preferred
(quar.)
—
Refining
conv.
'■y 9-15
.
City of New York
Cleveland Hobbing
4%
1
10-
.
————;
Co.
Utilities
Citizens
Atlantic
9-30
772c
7-
2
8-
62V2c-
(quar.)
$2.50 prior preference
v
9-30
877aC
■:•;
.—
Corp.
;
6-15
7-22
.
i%
-;"V
77*
&
•
11-
5c
Ogilvie
corp.,
New
(Resumed)
intl (quar.)
8-31
10-16
1
"H; J25c
Flour Mills common (quar.)
I 9- 1
t$lS/4
preferred (quar.)
9-15
AC:
t$l
Paton Mfg. Co.,
Ltd., common (quar.)
9-15
t$l%
7%
preferred
(quar.)——
8- 1
317tc
Fearson Co., Inc.,
5% preferred A (quar.)
8- 2
lv-7'$ 1%-v
Phillips-Jones Corp., 7% pfd. (accum.)
7-24
25C
Phillips Packing Co.
9-1
50C
Phillips Petroleum Co. (quar.)-__^__.—
CC";::Cl5c:v;v 6-30
Pittsburgh
Thrift
(quar.)_—;
7-15
$5
Portuguese-American Tin
8-14
;
50c
Procter & Gamble Co., common (quar.) ____
■;C
9-15
$174
5%
preferred (quar.)
—
8-14
J20c
Provincial Transport Co. (s-a)
—.—
Public Service Co. of Colorado—
8- 2
7 41 2/3c
57* preferred (monthly)——
8- 2
50c
6c7o preferred (monthly)„__—
—_
A
8-2
587ac
7%
preferred (monthly),
—
C 8-13
3s 6d
Rand Mines, Ltd.
(interim)-,.
——+—
common (quar.)—-—
preierred
(quar.)——
Century S.iares Trust —
Chain Store Investment. Corp —
S6Va preferred vqua..) —
—
Champion Paper & Fibre, common—.
6 '/*
preferred (quar.)
Chicago, Wilmington & Franklin Coal—
Celotex
& Rubber,
preferred
7%
Nu-Enamel
—
7-22
75c,'/
*y.k-
1
(J.
Tire
Norwalk
—
(quar.)—
(quar.)—--
Caterpillar Tractor
2
11-
—■.—
J.) 5 '/* preferred
Northern RR. (New Hampshire)
;
—•
8-
9
of Rec.
Payable
(s-a),
t$l
Appalachian Electric Power—
4y2% preferred (quar.)
$iy8
Apponaug Co. (quar.)
25c
Associated Dry Goods, 6%
1st pfd. (quar.) ./
$l!/2
7% 2nd preferred (quar.)
$1%
Associated Telephone, Co. Ltd.—
$1.25
preferred
(quar.)
£31'Ac
Atchison, Topeka & Santa Fe Ry. Co.—
'Common
:
:__iv
♦
'
$iy2 "
5%
non-cumulative preferred (s-a).,
$2y2
Atlantic City Elec., $6 preferred (quar.)____
* -$ll/2
Atlantic Rayon Corp.. S2.50 prior pref (quar.)
62y2c
7-24
9-15
25c
(extra)
Machine
common
York Fire Insurance
New
1
50c
preferred
(quar.)_____
York Air Brake ——__
7%
2bC
Newberry
———
shares
M.) & Co.,
Special
Castle
$174
Co.,-
Process
New
8-
7-
7-15
25c
:—
(quar.)
common
ctfs. of beneficial
Eng. Fund
New
25c
Investment Fund-
Ordinary : shares
Lines,
City
$3 preferred (quar.)
$2
class A
(quar.)
National Electric Welding
75c
7
—
Life Assurance
Canadian
(quar.)
Co.
Mfg.
„
(quar.)——----(Ontario) (quar.) —
Co.
Jackson
Byron
Canada
50c
Holdert
When
.
shate
Name of Company
2
8-
40c
(quar.)
.(Cleveland, Ohio)
Plan Bank
$1
8'16
75c
Quarterly ■ ;
7-10
75c
of
snare
•
Department Stores, common
preferred (quar.)
:—
7-20
62y2c
W.) Co.,-common (s-a)^
—
convertible preferred (s-a)__——
67*
convertible preferred (s-a)
Blue Ridge Corp., $3 preferred—
'
5%
"
Broadway
1
si
(E.
Bliss
10-
2
8-
..'•8-16
of Rec.
Anglo-Huronlan, Ltd.
Service—
$3 participating preferred (quar.)
Morris Plan Banx
(Bridgeport, Conn.) —
Moody's Investors
7-30
1
$ 1V2
(quar.) —
$5 preferred
Biddeford & Snco Water (quar.)
Creamery,
Beatrice
9-
t25c
Ltd., class A (quar.)
preferred (quar.)—-----
Bathurst Power & Paper,
Beacon
Payable
thare
Name of Company
thare
Name of Company
of Rec.
Holaert
Payable
Per
Holdert
When
2
2
8-16
8-
9-
1
8-13
9-30
9-18
'
6
R-ifl
*-22
11-29
11-19
8-
2
7-20
9-15
*J-
7-20
7-15
7-26
7-12
1
W.
Wheeler
Elec.
Mlg.
known as Crocker—
$8
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4195
158
249
'
-.QW
"
Par
Dayton
$2
Rubber
Mfg.,
preferred
Holdert
share
Water, 5 % preferred
Bros., Inc. (quar.)
Davidson
j-
Payable
of Reo,
*
Name of Company
Davenport
When
A
(quar.)
"$llA
y;
7VaC'
25c
(quar.)
common
50c
$2
75c
(quar.)
Dennison Mfg. Co., 8%
$6 convertible prior
(quar.)__
debentures
preferred (quar.)
Dentist's Supply, common (quar,)_..
(quar.)
preferred (quar.)
7%
preferred
Discount
Corp. of N. Y.
Distillers
Ltd.,
Co.,
regis.
-—.
Corp.-Seagrams, 5%
Mines, Ltd. (quar.)
j.
Dominion
Bank
Dominion
Fabrics,
1st
of
preferred
2nd
Dominion
Canada
Ltd.,
pfd.
Oilcloth
—
&
Linoleum,
Ltd.
Co.,
preferred
(E. I.)
$5
7-
9
RR.
Bond &
Share,
preferred
$6 preferred
(quar.)
(quar.)
(Dallas)
Employers Group Associates
Erie Railroad,
$5 preferred (quar.)
(quar.)——
Pipe
—
Exchange Buffet Corp. (resumed)
Faber, Coe & Gregg, 7% preferred
Fair
(The)
6 %
7%
,—
(quar.)
8-
2
7-15
8-
2
7-15
7-30
Subject to
Iowa
6-30
7-30
6-30
1
8-
8-
2
7-
2
Iron
7-31
8-16
Knickerbocker
Kokomo Water Works,
Products,
preferred
Tire
7-20
7%
preferred
7%
preferred
(quar.)
9-16
7%
9-30
9-15
Lanston
12-20
12-15
10-
1
9-11
67o
7-10
Lazarus
7-10
7-16
$1.1834
7-26
37'/2c
$2
Pitt
!——
preferred
(quar.)—.
Industrial
pfd.
Fruit
1
7-21
9-
1
37'4c
10:
1
$35c
(Phila.)
AA
preferred—
Extra
General
Foods Corp.,
Certificates
General
Gillette
Fire
$5
pfd.
Safety
Razor,
B
Gosnold
Gotham
(quar.)
—
Co.
Marshall
8-
7%
(A.)
8-
2
2
7-15
(quar,)—1
(quar.)—
L
/Xy.
$2
7-20
7-
Television,
Co.
Investors
preferred
Porcupine
Inc.
Mines
Acceptance
(monthly)—
1
;.
'
§6 preferred (quar.)
preferred (s-a)
6% preferred
Hummell-Ross Fibre,
;
(quar.)—
preferred
Moore
7-19
8-12
class
Dry
preferred
:'
Hydro-Electric Securities Corp.—~
5%
preferred class B
(s-a)
Imperial Bank of Canada (quar.)
(quar.)_."
5
22c
Diablo
&
8-
2¥v2
9-
1
8-
2
8-
2
li
8-
7-20
Co.
9-
9-
5
30c
9-
5
97-
1
25c
9-
1
1
$7
9-15
10-
1
9-15
$1'4
10-
1
f-15
$1%
pfd.
10-
1
9-15
8-
1
7-20
$iya
(quar.)
:
87 1
8-
(quar.)—
$l'/2
$38c
8-
1
2
7-31
$iya
8-
7-20
(quar.)
$iy2
10-
(quar.)
2
1
1-3-44
7-31
10-
1
1-3-44
Oil
Mining
&
:
8-26
1
11-25
$1
9-
3
(quar.).___
(irregular)—
8-15
•
6-30
•
6-30
2
7-20
8-
9-30
9-20
$13A
12-30
12-20
7-26
preferred
(quar.)
$1'4
9-28
9-16
preferred
(quar.)
$l'/2
12-28
12-16
25c
t$2
88-
2
2
6-30
1
7-15
6-30
Chemical Co.
Narragansett
National
Electric,
Aviation
of
Corp
;
pfd.
56'/4c
25c
8-
7-21
7-
7
8-16
A
7-15
8-16
■7-15
10-
7-
9
1'
7-
9
8-
2
7-22
8-
2
7-15
8-
2
8-
2
<10.
1
7-15
7-15
:'
8-16
88-
2",
8-
2
7-15
7-24
•
•
7-20
2
'7-24
7-30
7-23
6c
(quar.)—
7-28
6-26
1
9-15
1-1-44
10-
12-15
50c
4—
50c
(quar.)—
(quar.)
A
7-15
25c
35c
.
8-15
8-
5
11-
11-15
35c
(quar.)
5
35c 2-15-44
(quar.)__—
2-5-44
8-16
7-16
;(;75c
*
$$114
8-
2
7- 2
(Phlla.)—
H.)
'7-30
70c
7-12
"
10c
—
$1.27ya
25c
preferred
$iy4
(quar.)-
$2
¥; 50c
(s-a)„
87»4c
7-24
7-14
1
7-31
9-
7-
7-14
1
2
.7-15
7-15
6-30
8-
7-20
7-10
1
9-25
25c
8-14
7-24
40c
:
9-10
8-17
10c
10-
7-26
7-
1
7-
9
$1.10
8-
1
^Oc
10-
1
9-10
50C
10-22
10-1
4
(irregular)
Co.—
$l'/8
8-
1
$1.06'/4
8-
1
7-15
7-20
.■7- 3
50c
—
(s-a)
75c
1
9-15
7-20
7-10
10c
7-21
$1'4
7-20
6-30
15c
7-20
6-30
$1%
9-15
9-15
$1%
(quar.)
67# pfd.
(quar.)—.
E.)
(quar.)_
10-
7-15
$2'4
12-15
12-15
—
Co.,
$1'4
8-
2
$1%
Mfg.
8-
2
6-28
7-12
7-12
50c
7-15
7-
50c
8-16
7-15
$l'/4
10-15
9-20
1
7-20
—
preferred
(accum.)
Products, $4'4 preferred (quar.)_
Co.,
6%
preferred
Shares
Income
-
Power
Co.
(quar.)_.
;
(quar.)
—
—
Co.,
$1.13
$1>4
—
9c
u—
$25c
—
$2
.
20c
1
1st
non-cum.
8-
2
2
7-15
8-25
7-23
8-
2
7-20
7-20
.6-30
8-
7-25
10-25
$2'4
11-
1
10-20
25c
8-
2
7-20
25c
8-
2
75c
8-
2
7-20
25c
8-12
7;15
50c
9-
8-19
——
preferred
preferred
8-31
$iy3
-
(quar.)
common
8-
$l'/2
'
;
(quar.)_i__
(quar.)
(quar.)
50c
(C. A.), $2 preferred A (accum.)-
50c
Regent Knitting Mills—
$1.60 .non-cum. preferred
(quar.)
preferred (quar.1
Manufacturing Co., (111.) common
Republic Investors, Fund, Inc.—
9
6-30
9-30
7-20
10-14
9-23
1
7-21
8-
40c
9-
1
8:16
40c
12-
1
11:15
30c
non-cum.
Reliance
8-
2
7-21
'
preferred
class A
<quar.)_.
15c
8-
2
7-15
preferred
class B
(quar.)
*5c
8-
2
7-15
Petroleum,
5'4%
pfd.
(quar.)
68%c
Brass,"77# pfd. (quar.)_—
preferred (quar.)
$1%
$1.31'/4
A
—
Reynolds Tobacco Co. (quar. interim)—
Rheem Mfg., 5% preferred
(quar.)——
.
preferred
Rice-Stix Dry
2nd
-
Rich's
Goods, 7%
preferred
Inc.
Riverside
Rochester
$1'4
.
1st pfd.
(quar.)_!___
(N.
Y.)
Button,
convertible
$6
preferred
35c
5
2
7-10
8-
2
7-10
,8-16
7-26
7-10
31'/4c
—
,
V
8-
2
8-
2
7-10
$1% ,t10- 1
9-15
$1%
10-
1
9-15
8-
2
7-21
—
75c
8-
2
7-20
(quar,)._„
$1'4
8-
2
7-15
7-20
7-10
9-
8-20
(quar.)—.
25c
preferred
(quar.)—37V2c
common
8-
8-
15c
(quar.)—,
(quar.)
(quar.)——
Cement,
.
8-16
37'/ao
(quar.)—:
Richmond Insurance
(quar.)__
••-"7-13
7-31
(interim)
preferred
(irregular)
&
preferred
77#
America—
4V2%
2'
30C
Radio-Keith-Orpheum, 6% pfd. (accum.)—
Railroad Employees Corp., 80c pfd.
(quar.)
Railway Equipment & Realty—
-$6 preferred* <accum.)_i-.
:
$6 preferred (accum.)
Rath Packing Co., 57# preferred (s-a)___
Raymond Concrete Pile, common (quar.)—,
,67#
7-12
$1
6%
Mutual
8-
Service
5'/4%
7-20
25c
7-13
32y2c
50c
IOC
—
Revere Copper &
.
7-20
6%
$13A
.
37'4 c
■
(quar.)
(quar.)
■''
Edison
Republic
62'4 c
(quar.)
1st pfd.
Inc.
1
12-
2
6%
Development—
common
(quar.)
Munising Paper, 5%
9-
$1
7-15
8-
67#
7-17
$1
2
75c
Northern
(G.
$1.60
r
Philip Morris & Co.
Society (quar.)—
class
class
common
preferred
Second
6-30
(quar.)—
A
&
prior
Reed
7-12
7-15
2
8-
20c
(quar.)
47#
r
7-15
8-20
8-
1614c
pfd.
common
preferred
Reading
7.-15
8-16
7-30
/
$iy4
:____¥
—
(N.
Extra
7-15
2'/4c
25c
see
¥ 8- 2
(quar.)__
(quar,)
$3
7-16
^$1%
:
(quar.)
(quar.)—
•
8-14
10-
7-26
pfd.
________________
Co.-
Morris
Quebec
-
7-15
115c
$$1 V\
convertible
RR.
Quarterly
9
50c V
(quar,)
common—-
preferred
$5
1
7-19
8-20
7-30
$i
$1.30
Corp.,
Co.
Quaker Oats
7-12
1
$iya
(quar.)
Purolator
6-30
1
10c
(quar.)______
¥/■
Corp. of N. J.—
6% preferred (monthly)
Puget Sound Power & Light—
2
9-
S:
20c
(quar.)
Public
7-20
J55'4 c
9-
8-
Traffic
Prentice
7-15
$l'/4
7-15
1
:'
77#
1
12-
2
9-
$iya
—
& Co. class A
non-cum.
Potomac
7-16
6-30
8-
25c
com.
Employees stock (quar.)
Pollack Paper Box Co., 7%
77# preferred (quar.)___
7-16
8-
30c
Service,
(quar.),
Common
8-14
7-20
50c
$1%
Pittsburgh, Cinn., Chic. & St. Louis RR. (s-a)
Pittsburgh Screw & Bolt ———1
Plymouth Cordage Co. (quar.)
11-15
1
50c
Co.—•
&
preferred
Munsingwear,
11-30
$iy2
6-30
Ry. (quar.)
Pittsburgh, Bessemer & Lake Erie RR.—
8-16
9-
6-30
7-20
(quar.)
(quar.)__„
Corp.
(quar.)—
4'/4%
1
$ 1 '4
43 %c
——
(quar.)_
Quarterly
V
7-
6-30
$1.3114
preferred (quar.)——
Piedmont
.6-30
r
$l'/2
Goods,
Mountain States Power,
5%
1
8-31
75c
Quarterly
7-15
8-
7-15
$114
—
7-20
2
6-30
7-26
".
—„—
5%
-4'47#
7-15
8-
$$1.75
(quar.)
cumulative
Philip
9-20
7-15
$ 1V4
Participating preferred
7-15
7-31
$l'/2
(John)
(Philip)
"
Huttig Sash &'Door, 7%
7%
preferred (quar.)
8-
20c
—
(quar.)
preferred
Morris Plan Industrial
7-15
8-17
R.)
Morris
7-20
1
1
2
7-26
—
7-26
8-10
6-30
8-
112c
—
5
10-
/
common—
Phelps Dodge Co
;
Philadelphia Co. (quar.)
■;
Philadelphia Electric Co., 4.47^ pfd. (quar.)
Philadelphia Electric Power, 8% pfd. (quar.)
Philadelphia Transportation—
5
11-
20c
(quar.)
Heat & Power Cons,
Forging
(Wm.
.
Mount
9-
8-
11-15
20c
$6
Power,
Morrell
7-25
9
"8-14
$1%
Quarterly
7-15
10-
$l'/2
7-20
3714c
Pfeiffer Brewing Co.
7-15
2
7-20
55c
C
cumulative
Peterboro
9-21
8-
60c
(quar.)
common
Telephone,
Pepsi-Cola
/
12-24
:
/4 $1 '4
series
Consol..-Water,
Montreal Light
7-13
10-15
1
Corp.
Drop
10-
1-3-44
;
(quar.)
1940
Moore
7-15
2
$1.62'4
50c
(quar.)
Mississippi' Power & Light, $6 pfd.
Steel, class A partic.
7-17
/'
6-30
$1.62'4.
(quar.)
Monmouth
7-20
7-24
7-22
25c
Pennsylvania Power, $5
Peoples Telephone Corp.
7-16
c
1
8-10
$1
Pennsylvania Electric, 5.10% pfd. A
Pennsylvania Gas Co. (quar.)
7-17
37'4
(initial)
Moline Pressed
2
$214
$114
preferred
7-20
6-30
1
2
25c
preferred
Montana
8-
8-
2
8-21
(accum.)
preferred
Penn
11-20
:
7-24
8-
1
$2
Michigan / Die > Casting___
Michigan Public Service, com. (quar.)—
7-24
8-
12-
(quar.)
7-30
8-10
8-20
Public
$4
11-20
25c
(quar.)—_
(quar.)
8-16
30c
$13A
1
1
A
preferred
Lighting
6%
Corp. of Calif.—
preferred
6%.
6%
.8-20 *
1
9-
25c
(s-a)— _____—
6% preferred (quar.)
preferred
$6 junior
9-
81
11-
9-10
$25c
Penn Investment Co.
11-24
12-
8-16
11-15
$2'4
$$114
(Calif.)
Pennman's. Ltd.,
11-24'
25C
7-20
50c
$1.40
2
$l'/4
8-
—
(quar.)
$1.40
8-25
12-10
$1.10;/
(quar.)
8-16
1
9-10
35c
8-3
5
12-10 %
50c~
7-15
15c
pfd.
preferred
$1.40 cumulative class A
8-25
$1.10
(irregular)
pfd.
8-14
9-
9-10
8-
(quar.)
Finance
Common
7-15
50c
7-16
$1.25
(Interim)
Peninsular
.9-15
7-
43 %c
7%
Mission Dry
8-
J
$7
7%
preferred (quar.)
Mid-West. Rubber. Reclaiming
2
1'
1
7-23
2
common—
Power,
Peaslee-Gaulbert
7
$7
7-15
2
8:
20c
(accum.)
7-15
2
8-
1
7-16
8-
8-26
7-15
'
50c
Pend Oreille Mines & Metals Co.
Hegeler Zinc—
1
8-
10-
$1%
$3
2
8-
y
6-30
9-
2'
Dock—
(quar.)
Parke Davis & ,Co. (quar,)—
10-25
$l'/a
(quar.)
pfd.
Trust'
8-
8-
1
7-31
11-
1
1
8-
50c
Co.,
preferred
40c
7-26
8-
98-
(quar.)
Parker (S. C.)
7-21
1
(s-a)
8-
2
8-1
$l'/4
Filters, class B
Pacific
•
7-20
-
7-14
$1%
(quar.)
Pacific
6-28
$iv4
(quar.)___
9-30
8-
2
$1 '4
7-15
1
2
8-
$1.31%
preferred
6%
2
2
7-31
1
$1.18%
(quar.)
preferred
6%%
7-15
50c
:!
8-
8-
8-15
8-14
.8-
Ontario Steel Products Co., Ltd.—
8%
<
7-14
1
7-15
13%c
50c
A
Pacific
9-14
$$2
(quar.)
(quar.)_.
10-15
8-
10-
2
2
—
Light Heat & Power,
/•'¥':
5% preferred (quar.)_
Outlet, Company,
1
3
7-31
8-
Power
Shoe
United
7%
Electric—
6%
1
7-25
8-
30c
(quar.)
Mercantile
-7-6
8-1
$114.
Light & Power, com.
Cquar.)
preferred
5%
&
McLellan Stores,
8
Refractories Co.—
—
7-
87'4c
preferred (quar.)
McKale's,
7-15
8-
-9-
7-31
8-16
$1J4
(quar.)
Dry
Co.
Corp.,
Ontario
States
Common
7-15*
8-
(quar.)————
McCrory Stores, 5%
7-19
75c
.
Scale,
&
5%
(quar.)__
& Co., 7% preferred
Barbizon
7-29
•
*-15
$l'/8
—
McCall Corporation
1
9-15
7-26
9-15
15c
Elec.
&
preferred
7%
7-15
$1
15c
50c
,
7-
(Quar.)_
McClatchy Newspapers,
7-24
11-
2
$1
May
7-24
2
2
.7-20
(quar.)__
(Ind.)
8-14
8-
8-
8-
37'4 c
—
(quar.)
8-14
11-15
1
$10c
preferred
9-15
2
10-
40c
(quar.)
9-15
2
7-15
$2c
Department Stores
Maytag Co., $3 preferred (accum.)—
$6 1st preferred (quar.)
8-
12-21
7-24
75c
7%. preferred (accum.)
1
7-10
8-
3
12-31
62'/a c
—
&
7-31
8-16
$1V4
—
Ottawa
(quar.)'
Field
Mattiessen
2
7-
7-26
8-2
12-
1
75c
(B.), 7% preferred
Corp. (extra)
Oil
Massachusetts
7-15
1
__
Howe
Margay
6
8-
$1.50
$134
Harrisburg Gas, 7% preferred
(quar.).
$134
Hartford Electric Light (quar.)
6834c
Hartford Times, 514%
preferred (quar.)—
68%c
Hat Corp.
of Amer., 6%% pfd.
(quar.)—
$1%
Hercules Powder
Co., 6% pfd.
(quar.)
•
$114
Hershey Chocolate, common (quar.)
>
75c
$4 convertible preference (quar.)
:
$1'
Hibbard Spencer Bartlett & Co. (monthly)
15c
Higbee Co"., 5% preferred (quar.).:
$114
Higgins Industries, 6% preferred (quar.)
30c
Holly^ Development Co.
(quar.)
lc
Holly Sugar Corp., common (quar.)
25c
7% preferred (quar.)
'——
$13A
Horder's,
Inc'.
(quar.)
r ■ u 25c
Horn & Hardart (N. Y.)
common
!——
40c
5%
preferred
(quar.)—
,—
?;/■ $114
7%
9*
9-14
(quar.)
preferred
Houston
77-
1
(quar.)
Light—
preferred
Harbison-Walker
Hotel
2
8-16
Corp.—
Company
Class
8-21
9-
30c
2nd preferred
& Co.,
Radio
Mclntyre
_________,
Gas
&
preferred
2
$1.25
$114
50c
$114
$$2
£40c
6214c
$13A
pfd. (quar.)
(quar.)
non-cum.
6%
6%
8-
8-16
8-31
$3
Manischewitz
9-
Engineering Works
(H. L.)
Greenfield
Harris
Magnin (I.)
7-10
7-23
:
Illinois
.preferred
Oliver
6-30
2
Extra
3
12-11
preferred (quar.)—
preferred
preferred
8-
7-31
9-
35c
Ltd.
5%
7-20
7-24
8-
$1%
&
Investment, 6%
preferred (accum.)
Okonite
7-15
2
50c
Tire__
Gas
6-30
50c
$5
(Increased)-.
6%
6-28
514%
Aircraft & Engineering Corp.—
Great Lakes
Green
7-10
7-20
8-
9-11 / :••
30c
Gas
Co.
6-30
10c
(quar.)
(Del.)—
preferred (accum.)
preferred (accum.)__.
^6%
4
Co.- (irregular)
Taylor, 8%
Luzerne
6-25
2
&
7-20
(quar)—
Nunn-Bush
4
120c
preferred (quar.)_
participating
.
1
6-30
10c
(quar.)j
preferred
.7%
5
9-
12-
$50c
(Ky.) common
Lunkenheimer Co., 614% preferred (quar.)__
614% preferred (quar.)
9
7-19
11-15
11-
—__
Participating
___•
J.
participating preferred (quar.)__
Louisville
7-26
$1!4
—
Mills, 5% prior pfd. (s-a)
Hosiery Co., 7% preferred (quar.)—
Grumman
-
common
.
1
12-
7-20
iy2c
Northwest Engineering (quar.)_____
Northwestern Public Service, 7% pfd. (quar.)
6% preferred (quar.)
6
9-15
1
Massawippi Valley R.R.
Insurance
$6 pfd.
(s-a)
.Participating
Loose-Wiles
BiscuifCo.
7-16
8-
.
Lord
7-
8-
$50c
(quar.)—
(Va.) —
._^.
9-18
1
7-20
8-16
12-15
—
7
2
6c
Goodyear Tire & Rubber, common
$5 convertible preferred (quar.)—
Gordon & Belyea, class A common (quar.)—
Class
10-
.
7-17
2
8-15
$1%
_.
#%
-
Corp.—
Marine
Gimbel Brothers,
8-
8-25
$1%
Valley Gas, 6%
7-20
2
8-
$1
$1.25
25c
(quar.)
(accum.)
&
7-
7-20
8-
10-15
25c
5%
7-~7
7-19
1
R.)—
&
Rubber'&
Majestic
(Mass.)—
beneficial interest
Castings
preferred
Gibraltar
9-20
7-20
2
11-
15c
614%
preferred .(quar.)__
Liquid Carbonic Corp., 414% pfd. A (quar.)_
Liquidometer Corp. (irregular)—
Little Miami RR. Co., special gtd.
(quar.)
Special guaranteed (quar.)
Original capital
(quar.)
Original capital
(quar.)
7-20
1
7-17
$114
(quar.)
(accum.)
prior pfd.
Corp
Steel
2
8-
$1%
Longhorn,Portland Cement—
Trust
Corp.,
Shoe
General
$6
of
8-
10-
35c
$1 Va
Mills, Inc. (quar.)
Motors
3
7-20
2
$134
(accum.)
(quar.)__—:
$4.50 pfd.
7-
7-23
8-
25c
General Gas & Elec., $5
Investors
7-15
75c
15c
$2
30c
(quar.)
Baking Co., common
$8 preferred (quar.)
General
Bronze
Corp.
(resumed)
General Cable Corp., 7% preferred
Co.
7-15
60c
General
Electric
7-20
7-31
$134
6'/4c
25c
—
5%
:
General
2
7-31
15c
<quar.)_
Industries,
8-
$1
(quar.)
A
$3 convertible preferred
General
,7-20
30c
preferred
Gardner-Denver Co., common (quar.)
General
7-13
2
20c
(quar.)
(quar.)—
preferred
Wood
General
7-20
8-
20c
class
/
12-
12-20
$1V4
(quar.)
convertible
6%
8-10
$1%
pfd.
Amer.
Northern
9-17
Quarterly ,'
',
75c
50c
(s-a)
Grain & Malting, common
Brush,
7%
,6-30
1
1
Lindsay (C. W.) &.Co., 614% pfd. (accum.)
Link Belt Co., common
(quar.)—!—'
9-15
7-23
9-
10-
$1%
Lincoln Nat'l Life Insurance
'7-31
.
12-20
35c
(s-a)
Shipbuilding
(quar.)
Northern
^
'
Levy Brothers, Ltd. (interim)™
Liberty Loan Corp., $314 preferred
,7-21
1
7-10
50C
__.
Lerner Stores Corp., -41/2%
v
Engineering—
(quar.)
the Loom, $3 non-cum.
Class
Gar
9-20
8-
preferred
of
9-30
8-
Extra
Fuller
9-30
15c
¥ 25c
(this paymt. clears all arrears)
Fire Insurance
Froedtert
$1.20
1
5
25c
r
Bridge Works
Foundation
$1.50
10-
7-15
7-
7-20
2
A
$114
7-23
10-20
$2Va
'
Merchandise
Northern
5
7-15*
2
10-30
35C
Corp.
Hundred
514%
7
$l'/2
Lehigh Coal & Navigation (irreg.)
Lehigh Portland Cement, common (quar.)
4% preferred (quar.)—
I
Leonard Custom Tailors Co. (resumed)
Gear & Machine Corp.—
Foster Wheeler Corp., 6% prior pfd. (quar.)
Foundation Co. of Canada, Ltd. (quar.)
Franklin
7-20
2
8-
(quar.)
—
(reduced)
convertible
common
preferred (accum.)
Machine
& Co.,"$2.50
Lebanon
Lee
7-15
.
8-
25c
Leitch Gold Mines,
$13A
Common
(F.
Leece-Neville
7-26
8-
$iy3
(quar.)
Candy Shops
preferred
Leath
7-21
25c
7-10.
8-20
(s-a)
preferred
Monotoype
Secord
1
1
7-20
5c
(quar.)
convertible
Laura
7-20
10-
8-
Quarterly
20c
Bryant, 7% preferred (quar.)___
Langleys, Ltd. 7% conv. preferred (accum.)
i
York
North
7-16
7-
—
Lane
7-16*
8-16
6-19
7-31
25C
funds)
(quar.)
7-16*
1
7-28
15c
Creamery, 60c pfd. (quar.)
Landis Machine, common (quar.)
7-15
8-
15c
(quar.)
1
7-31
(quar.)—
Pawners Society (Chicago) —
Bros.
preferred
2
$1.0614
$1'4
Pittsburgh
Y.)
15C
Knudsen
8-
7-31
of
(N.
Baking,
;
9-15
A
preferred
Class A
'
1st preferred (quar.)__
2nd preferred (quar.)_
8-
35c
(quar.)
National Bank
First State
Grocery &
in U.S.
6%
Common
(quar.)
Rubber
&
Insurance
1
preferred (quar.)
6% prior pfd. (quar.)
convertible
(payable
8-
1
8-
2c
Norfolk & Western Ry.. common (quar.)
4% Adjustment preferred (quar.)-——
'
2
Mines
10-1
$2.95
Furnace
1
25c
(Marshall) see under Marshall Field.
Filene's (Wm.) Sons., common (quar.)
Fort
&
8-
8-
$5
Class
11-
8-30
2
;2c
Works—
News
7-19
Kerr
7-15
pfd.
Newport
8- 2
$1.06 '/4
6
7-31
11-10
Co., Ltd.—
(quar.)
6
7-15*
8-
7-10
10c
Nineteen
Stove
2nd
6'4%
8-10
1
New
7-
2
1
7-15
7-
8-
912-
7-15
2
7%
7-17
$114
Brothers, 4% pfd. (quar.—
(J.J.) Realty, 6% pfd. B
2
2
7%
6-30
8-
8-
3-21
1
50c
(s-a)__
;Newberry
8-2
8-
11-20
7-20
Neiser
4
10c
(quar.)___—_
Kaufman
Department Scores, (irregular)
Kellogg Switchboard & Supply, common
Kennedy's Inc., common
1
6-30
20c
7-12
1
6-30
7-20
(quar.)
8-10
9-
7-20
30c
1
$2'4
—_—
87'4c
(quar.)_
common
7-
12-
7-17
8-
;
Investors
Iron
common
preferred
Lake
7
30c
Mfg.,
preferred
Kroger
7-
75c
8-14
7-17
1
(quar.)
Kalamazoo
1
(quar.)_
;
Neiman Marcus Co., 5%
1
7-31
7-21
8-
81'/4C
—
Kalamazoo Allegan & Grand Rapids RR. Co.—
/
Semi-annual
7-20
1
$1%
;
;
9
9-
2
8-
t
National Paper & Type, 5% preferred (s-a)_
VvNational Power &
Light, $6 preferred (quar.)
National Tea Co., 5'4% preferred (quar.)—
.
(accum.)_____
Lawyers Title Insurance
,
Fibreboard
#60c
Power—
8-
(quar.)__
7-
1
7-24
Field
Foote
pfd.
9-13
$11/4
$114
(quar.)
pfd.
Quarterly
First
&
7%
Jamaica Public Service
10-
(quar.)
National
!
7-15
8-
50c
National Lead Co., 6% preferred B
(quar.)_
National Liberty Insur. Co. of Amer.
(s-a)
87'4c
,4:8%
3c
$5
(quar.)
Federal Electric Co., $1.50 class A
Federated Department Stores, com.
Firestone
Stores,
preferred B (accum.)
preferred C (accum.)
Fireman
B
National
(quar.)
approval of the S.E.C
Dept.
•'Common
.
Farmers & Traders Life Ins. (Syracuse, N. Y.)
4%%
the
preferred A
6%
2
non¬
Ironrite Ironer,
15c
(quar.)——
Corporation
Metallurgical,
preferred
414%
Corp., $3.50 prior pfd.
,6'4%
9-
7: 6
8"2;*
pay-
funds, Jess Canadian,
Electric, Light
,7%
8%c
are
2
Funding Corp. class A (quar.)
Class
above
8-13
8-
Extra
Util.
Interstate
Machine
;
8-
tax.
Int'tional
Welding
$1%
shown
9-10
8-31
50c
(quar.)—
National Erie, 5% non-cum. 1st
pfd.
3% non-cum. 2nd preferred (s-a)
7-15
$1'4-
—___——
6% preferred (s-a)__
$5
7-.15
Electric
Quarterly
Corp.
National
7- 6
10-15
<75C
7:15
.
7-20
30c
(quar.)_.
Products
7-15
$1%
(quar.)—
(accum.)
common
preferred1
Fansteel
2
S.
preferred
Distillers
2
10c
preferred
Co.,
Falstaf! .Brewing
.
8-
U.
resident
conv.
8-
2
2
]0c
8-2
(quar.)____
7-31
$1.25
$1.25
$1
15c
$1%
^
11-10
8-
$1%
$$1'4
payments
ablet in
6%
(quar.)
Line Co.
r
8-10
1
(quar.)__^___^~„
Mfg.
t$l>4
A
8-16
25c
(quar.)—
preferred
Fairbanks
7-15
$3
National
6-15
liZ
common —
(quar.)_i
&
1
12-
Y.) (s-a):
City Lines; Inc., Class A (quar.)__
National
7-2Q
Co.,
9-
15C
Industries, Ltd.—
preference (quar.)
$1'4
$11/4
30c
-
(accum)
v
Of Rec.
15c
City Bank (N.
"
7-15
(quar.)
noiaere
Payable
50c
National
8-20
8-16
pfd.
(quar.)
preference
30c
vtc.
9-10
$13.50
pfd.: ($5'par) (quar.)
two
Biscuit
preferred
When
Share
conv.
preferred
Chemical
7-21
Ltd.—
:
.
$1V4
Products, Ltd. (quar.)——
Sugar Associates—
2
$1,4
—
7-31
Sl'/a
$25c
—
Quarterly
Eureka
2
;
;
4'4%
(s-a)
Employers Casualty Co.
$5
8-
7%
6-30
'
SlVa
—
—
8-
6%
Battery Co.
National
'
Metal
convertible
The
7-15
7-30
convertible
;7%
Comvany
Fibres
National
"
8-2
Auto
]
National
6-30
____'_
30c
$2
(quar.)
!
7-21
■
de Nemours—
preferred
$5
7
1
2
International Nickel (Canada)—
7%
preferred
(quar.)____
9
8-
8-
$50C
.____
,6%' .'convertible
1
7-
7-10
8-
$ 1 '4
Ltd.
liquidating)
6%
]
National
Corp.—
■
International
8-1
40c
$l'/4
Steel
Electric
7-
7
(irreg.)
(quar.)
Eastern
8
(quar.)—
Pennsylvania
East
8
8-
$50c
+$1%
75c
pfd. (quar.)
?(6th
8-12
Name at
6-29
$0.0212
International Match Realization Co.,
8- 5
-
8-
$10c
common—--—
preferred
Eastern
;
1
Per
of Reo.
National
Machines
Holdings,
''
$l'/4
—
Quarterly
1
v
;
Corporation, common
Corp., 8 % preferred
$4'4
(quar.)
(quar.)
Business
International
8
Ltd.—
Investments,
(accum.)____.
Chemical
Du Pont
8-16
9-
7-
$$2
$20c
:i;75c
$37:4c
$30c
________
(quar.)__
common
Dominion Tar & Chemical, 5'A%
Duplan
7-10
7-
.'
preferred
5 %
7-26
8-
.—
Extra
Duplan
12-23
$1V4
$40c
(quar.)
Dominion-Scottish
Dow
12-23
International
1
rtoiutr*
7-30
6%
Corp., common
preferred (quar.
6%
'
Telephone—
Interchemical
7-22
(quar.)
(quar.)
(quar_)_.
preferred
5%
.Insurance
7-20
IV4 %
for ordinary regis.
Distillers
Dome
7-20
8-16
l'/4%
American deposit rets,
Extra •_
4
Payable
20c
Securities, Ltd.—
Group Shares
8-
8-
8% %
Extra
.
preferred
9-
8%%
—
$5
Associated
Institutional
11-15
—
ord.
Indiana
'
7-17
10-
—-
share
v'iy-y/
:
When
Incorporated Investors
7-17
10-
pfd. (quar.)—50c
part. pfd. (s-a)
75c
(irregular)
—
/ $4
6 %
Co.,
2
12-
5%
Match
8-
8-
25c
—
Diamond
7-15
$13A
¥
(quar.)
Detroit Gasket & Mfg.
Detroit Michigan Stove,
7-24
Name of Company
•:y : •
7-10
8-
75c
75c
$1%
Common
7%
2
Per
1
250
THE COMMERCIAL & FINANCIAL CHRONICLE
.
"
•
Per
When
thare
Name of Company
Holdert
Payable
Name of Company
of Rec.
;■
Per
Ins.
Rochester-American
(N. Y.)
25c
(quar.)
-a
7-15
Rochester
&
Gas
6%
Elec.,
Rolland
6%
Roos
Light
&
Power
Westvaco
7%
preferred
2nd
3%
St.
preferred
Class
A
and
Class
A
and
9-15
912-
1
37% c
preferred
9-30
12-31
8-
1
8-
1
2
7-20
8-25
7-23
7-10
6-28
t20c
10-1
8-31
*20c
10-1
8-31
8-10
7-30
6-28
t$i%
7-20
6-30
9- 1
8-16
x
preferred (quar.)
Greyhound Lines—
(quar.)
Common
California
Southern
Canada
tOn
8-16
7-20
$1.20
8-1
7-15
$1%
9-15
8-14
closed
,
„
7-30
8-15
8-1
8- 1
15%;
New York City and $396,000,000 at
Holdings of Treasury notes declined $42,000,000
in the
7-15
'' 7-15
7-15
Cleveland District and $7,000,000 at all reporting
member banks, and increased $27,000,000 in New York
9-15
12-15
9- 4
12- 4
7-20
,
9-
Holdings of United States Government bonds in¬
City.
-
BOC
50c
.
7- 9
10c
creased
Ltd.,
Power,
(quar.)
com.
4.8%
preferred (quar.)
Railway Co., 5%
Southwestern
6Vs %
Pub.
,
non-cum.
pfd.
$1
of
1
at
deductible
tax
resident tax, 7%.
a
the
Less British
income
Chicago District, and $80,000,00 at all reporting member
Non¬
source.
tax.
banks.
(l-20th of
Stock dividend
reporting member banks, and declined
at all
1
*$1.52
(In thousands
2
7-15
7-31
6-30
8-
5%
—
10-
Other
9-
40c
9-15
9-
4
3iy4c
8-16
7-30
5%
$1V4"
preferred (quar.)_____;
preferred (quar.).
$1%
Electric
Suburban
2nd
$4
Sun Oil
Sun
preferred
Drug
preferred
common
7-
2
Taylor-Wharton Iron & Steel
Texas Gulf Sulphur Co. (quar.)
Thatcher Mfg., $3.60 preferred
8-2
7-7
8-
2
7-12
8-
2
7-10
8-
2
7-15
Notes
Industrial .advances
U. S. Govt, securities,
and
Gold
Toburn
Trane
Co.,
Transamerica
Troy & Bennington RR.
8-2
6-17
7-22
6-30
9-15
9-
11-24
1
7-22
8-
2
8-16
8-
2
9-
1
8-21
7-31
9-10
$1%
8-
Light & Railways Co.
preferred (monthly)
7%
;•
6.36%
preferred
6.36%
6%
U.
S.
U. S.
Guarantee
Hoffman
5%%
U.
S.
Co.
8-
1
7-20
8-
1
7-10
8-2
7-15
9-
1
10-1
9-15
8-2
7-15
9-1
8-16
53c
53c
10-
1
9-15
50c
8-
2
7-15
50c
9-
1
8-16
50c
10-
1
40c
9-30
9-10
68%C
(quar.)
Industrial
(quar.)
8-2
7-20
8-
7-15*
25c
(quar.)
;
,
25c
2
8- 2
.
^
Decrease (—) Since
7-7-43
Bank
4,615,016
5,565
7-15*
loans
30,166
+
236,101
+
508,152
244
38,711
—
61,968
—
Loans
30,235,154
assets
59,957
••
'
12,259,841
accts—
615,927
U. S. Treasurer—gen.
1,094,073
371,560
+
—
+
13,712
Total deposits
availability items
Other liabs.,
incl. accrd. divs..
14,341,401
1,367,550
5,906
Total liabilities
31,316
52,221
Accounts—
paid in
(Section 7)
Surplus (Section 13b)
Other capital accounts
148,828
160,411
26,829
89,784
+
+
§123
30,235,154
+
4,841,977
+
96
174,817
...
Total liabilities & cap. accts.
F. R. note liabilities
Commitments
to
make
8,529
__
514
__
___
8
—396 !
2,938
+
5,483
+
954
+
5,440
+
90
+
11
—
+
425
+
6
—
—
:
7
—
141
—
80
409
—
27
779
—
11
,11
+
—
25
403
—
6,671
+
36
+
+
31
+
592
4,964
—727
+
3,853
8,958
+ 242
32,325
deposits-adjusted
5,680
+
333
782
+
10
+
103
66
banks
Borrowings
Debits
15.2%
:
+
52
+
G5
demand deposit accounts except
to
and
week
during
U.
Gov't
S.
accounts,
10,902
:
—
....
Revised debits previous
5,192
—
—
'
4,889,759
+
2,272
Foreign banks
41,061
298
11,913
1,892
2.983
deposits
Domestic
48
indus¬
trial advances
33
+
—
Interbank deposits:
3,764
.1%
6,965
U. S. Government deposits
2,909
—
29
'f;—
15,804
vault
interbank
72.3%
combined
86
—
Liabilities—
Capital
Capital
Surplus
10
+
3,862
with Federal Reserve Banks___
in
Demand
Time
174,498
4
—
4,464
..
certificates of indebtedness
3,222
+
—L':.
Balances with domestic banks
199,860
2,012
29,809,302
—
Cash
59,308
—
+147,869
—
—
1,235
223,428
+
40,550
38
1,311
——
securities
Reserve
330,038
—
+
—
57
bonds
Other
218,139
+
152,338
—156,316
I'
.
607
—
Obligations guaranteed by U. S. Government.
+4,586,674
'.J;"
+
420
Treasury notes
U. S.
+
78
carrying
Other loans
Liabilities—
14,094,445
.+
1,148
Treasury bills
+4,889,759
+174,817
—
r
Treasury
Total
purchasing or
banks—
to
1,735
+
23
1,092
Real estate loans—
17,187
—
859
for
+
securities
87
•
+
1,068
+ 108
—
and agricultural
Loans to brokers and dealers in securities
+
assets
+13,197
9,593
industrial,
Commercial,
4~743
premises
Other
—280
7-8-42
6-30-43
45,563
'
-
Loans—total
Ratio of total res. to deposit &
preferred
Alcohol
Extra
+
54,602
—
9-15
Machinery—
convertible
./ Increase (+) or
r
and Investments—total
Loans
+4,607,115
8-16
53C
—
31,579
7-20
58y3c
dollars)
■
61,702
Other
58y3C
(monthly)
(monthly)
-
1,849,860
items
Foreign
58y3C
(monthly)..
i
+
of other banks
notes
Deferred
preferred
preferred (monthly)
preferred (monthly)
6%
R.
Uncollected
7-31
(Del.)—
preferred
6%
7-31
8-10
15c
7%
29~579
134
7"15
8-16
"T <■
V ' S
Assets—
3,832,769
"
Deposits:
25c
(quar.)
preferred (monthly)
7% preferred (monthly)
6.36 % preferred (monthly)
F.
7,667,872
banks
foreign
F. R. notes in act. circulation.
10c
United
from
7-16
$1%
—_
20,425
913,469
+
2,000
159,548
+
>
—
+
—
Other
'
Total bills and securities
Due
8-10
8-16
(In millions of
■.'/ "
7,644,666
Member bank—reserve acct._
Class B
Oil of California
.
2
8-16
to demand de¬
i
7-24
2
t38c
_
Union
V,
8-16
8-
!
_
11-10
$iy8
preferred (quar.)
$5 preferred (quar.)_„—
United Drill & Tool, class A (quar.)
•
7-15
8-14
11-15
Union Electric Co. of Missouri—
J$4&
+
securities,
and guaranteed—.:
i'.,t '}y\r
' •;
lr. .C':. :
7-31
8-14
8-23
20c
(quar.)
preferred (quar.)
United Corps., Ltd., $1.50 class A (quar.)
•-
S. Govt,
U.
direct
1
8-16
$5
6%
5,851
2,050
loans
Total
12-
liabilities of
of the principal assets and
posit accounts, follows:
1,561
+
337
+
4,327,318-
25c
(s-a)
23,360
—
-
1,091,700
Bills
25C
(quar.)
Tung-Sol Lamp Works, 80c preferred
Tyer Rubber,
1,480,748
744,900
Certificates
6
25c
(Dallas)
''Quarterly
—
summary
reporting member banks, and of debits
;
8-15
$1%
(quar.)
Corp.
(s-a)
7,412
..
guaranteed:
7-
5c
•
preferred
+
--Tv-';•
7-15
2
iic
_
Trinity Universal Insurance
;
direct
1
90c
(quar.)
common
^
Extra
/, 6%
12,934
9-
8-
12 %C
Ltd
Mines,
10,272
7-20
$2%
(s-a)
000,000 in New York City, $41,000,000'
r
279,114
■
Bonds
50c
(quar.)
$5 preferred
•«
A
75c
preferred (quar.)
Thermatomic Carbon,
23,360
Total bills discounted
Tacony-Palmyra Bridge Co.—
5%
10,272
50c
:
(irregular)
banks increased $80,in Chicago Dis¬
trict, and $242,000,000 at all reporting member banks.
83,918
—-10,322
50c
(quar.)
common
40,878
+
20,554,907
—
$1%
Syracuse Transit Corp.,
+
.11,752
+
Deposits credited to domestic
403,910
—
75
—
.
'
7
8-
37%c
(quar.)
Super Mold Corp. (Calif.)
21,999
—
/
discounted
bills
Other
9-16
20c
(quar.)
.
12-17
$1 Va
(accum.)
Co.,
9-30
12-31
Co.—
class A pfd.
Co., 4V2%
Ray
6%
Securities
354,080
j.
by U. S. Gov't obli¬
gations, direct & guarant'd
$1
preferred (quar.)
7%
55,110'
notes
Secured
*75c
(quar.)
20,145,717
Treasury
fund—F. R.
reserves
$75c
Steel Co. of Canada, common
$99,000,000 in the Chicago District.
7-15-1942
Bills discounted:
Stecher-Traung Lithograph,
5%
U. S.
and
in New York City
$348,000,000
being
hand and
cash
Total
4
Extra
(quar.)
on
9-20
1
Quarterly
preferred
7-7-1943
7-14-1943
>
due from
1-10
7-20
9-15
5%
;
certificates
Gold
in all districts, the principal
deposits declined
decreases
Decrease Since
\Increase or
$39,000,000
United States Govern¬
San Francisco District.
the
of dollars)
5
Redemption
5%
share)
10-
60c
Works,
in
Reserve Banks Combined
7-20
1
and Dallas Districts and $36,000,000
in the Philadelphia
Statement of Condition of the 12 Federal
Standard Wholesale Phosphate & Acid Wks.—
Stanley
deposits-adjusted increased $23,000,000 each
Demand
Assets—
$1.25
share).
(l-20th
dividend
8-
10-15
in the
dividends.
funds,
ment
$1.62%
(quar.)__.
Spalding (A. G.) & Bros., $1.50 pfd. (irreg.)
Squibb (E. R.) & Sons—
$5 preferred Series A (quar.)
Standard Chemical, Ltd. (irregular).
Standard Steel Spring— "•
Stock
Holdings of "other securities" de¬
$38,000,000 in New York City, $17,000,000
clined
Co.—
Serv.
preferred
District, and $90,000,000 at all report¬
ing member banks.
Southern Indiana Gas & Electric—
Southern
$19,000,000
$59,000,000 in the Cleveland District,
in the Richmond
dividend.
this
all reporting member
banks.
tax.
for
>
7-15
$1
20c
37%c
,
.
in New York
declined $371,000,000 in
Holdings of Treasury bills
-.'
25c
(resumed)
accumulated
Canadian
in
tax,
income
not
of
account
resident
7-20
*20o
(initial)
9-20
8-16
8-15
Co.
in¬
Loans to brokers and
reporting member banks.
Edison—
(quar.)
Common
Southern
(quar.)
15c
(irregular)
Corp.
books
8-16
9-1
37 %c
preferred
1
$i%
12 y2 c
—
2nd
.
:
Machine
Jamaica
30%
tPayable
37 %C
——
Extra
Less
•Transfer
Southeastern
6%
Products
7-30
75c
—
-.
loans
agricultural
and
in the Boston District and $23,000,000
City and 78,000,000 at all reporting member banks.
9-10
_
(L. A.) Spring & Wire
Ltd., common (quar.
preferred (quar.)
increase of
an
dealers in securities increased $89,000,000
7-4
,
TO- 1
Zonite
Paper Mills, Ltd.—
(Howard)
8-21
,
50o
.
Cooperative Mercantile Institutions—
Quarterly
Quarterly
7-30 ::
37 %C
quar.)
Skelly Oil Co.
,10%
—
.
Zion's
7-15
8-10
at all
8-20
6%
6-30
$1%
7- 4
9-1
10*1
Zellers
2
8-16
50c
Young
6-25
deposits, and
industrial,
Commercial,
creased $11,000,000
7-20
American
1
7-26
8-
7-15
6-30
8- 2
10- 1
Yates
8-
7-28
8-14
7-15
10%
Co
States Government
United
Co., Ltd.—
deposit receipts—
Yale & Towne Mfg.
*3c
12%c
7-31
8- 1
7-20 \
(Rudolph), common (irreg.)___._.*
25c
preferred (quar.)
;J_—'■ $1%
tl5c
t$l%
$1%
_____
Common
7%
000,000 in holdings of Treasury bills and $727,000,000 in
10-15
Wurlitzer
t30c
(interim)
(interim)—
(irregular).
Silverwood Dairies, Ltd., common (accum.)_
40c partic. preference (s-a)—
—
Simpson's Ltd., 6%%, preferred (accum.) __
Sinclair Oil Corp (quar.)
____
Sioux City Gas & Electric, 7% pfd. (quar.)__
(Quebec)
Silbak Premier Mines, Ltd.
(increased
8-
*23c
Mines, Ltd.
Common
7-20
shows the following principal
changes for the week ended July 7: Decreases of $396,-
10-15
*$1%
15c
pfd. (accum.)
(resumed)
Wrigley (Wm.) Jr., CO., common-—
8-12
8-2
87 %c
A (quar.)____
(quar.)
Shawinigan Water & Power
Sherwin-Williams (Canada)
9-1
50c
(irregular)
banks in 101 leading cities
$242,000,000 in deposits credited to domestic banks.
(quar.)
Inc.
The condition statement of weekly reporting member
:.
7-15
11- 1
11- 1
•
Co.—
Power
(F. W.) &
registered
American
7-20*
25c
Co.
Electric
Ordinary
7-20*
$1.12
(quar.)
(quar.)
$1
Woolworth
12-15
$1
8- 1
$1%
_
Member Bank Condition Statement
7- 8
,..v
$1
(quar.)
Woodall Industries,
9-15
37 %c
—
8- 2
>
$2V2
$1%
—
preferred (1897)
6%
Vj
7-20
7-20
7-19
8- 2
7-15
___—
Wood, Alexander & James, 7%
7-15
1
8- 1
8- 1
8- 2
8-16
8- 1
$6
Co.,
Extra
1
12-15
8-
50c
50c
$iy2
pfd.
&
Wisconsin
25c
t$l%
7-10
Common
-
25c
(irregular)
Sharp & Dohme, Inc.—
$3.50 convertible preferred
6%
12-15
.
8-2
Extra
6-30
12-15
12-23
$1 Va
conv.
Wilson
6-30
2
i,
(irregular)
Class. B
Class'B
Leather
Smith
2
8-
$1%
Servel, Inc.
Sigma
8-
12-23
Company—
Paper Co., $4 pfd.
Seton
7-15
$3
Quarterly'
$4.50
2
*35c
Quarterly
Scott
8-16
8-
*$iy4
$2 prior pfd
(accum.)
preferred (accum.)
Wilson Line, Inc., 5% 1st pfd. (s-a)
Winstead Hosiery, common (quar.)
$4
6
8-
1
of Rec.
(quar.)
preferred
Ltd., 5%
White Sewing Machine,
7-15
9-
*$1%
(s-a)
Saguenay Power, Ltd., 5%% preferred (quar.)
San Francisco Remedial Loan Association—
e
2
8-16
$1%
(s-a)
Public Service
Louis
8-
tl5c
(quar.)__
common
(quar.)
6% 1st preferred
Louis Bridge,
1
t$l%
Paper Co.,
Lawrence Flour Mills,
St.
9-
13c
(irregular)
Ltd., common (quar.)
preferred (quar.)
Brothers,
$6%
preferred (quar.)____
Rockland
St.
$1%
preferred C
Holder•
Chlorine Products, $4% pfd. (quar.)
(George)
Weston
CO
i
'
When
Payable
^
v
'
Monday, July 19, 1943
12,734
week—
United States Pipe & Foundry Co.—
Quarterly
Quarterly
U. S.
U.
50c
non-cumulative
Universal
Laboratories,
Common
common
company
7-31
7-21
9-15
9-
1
62 %c
5
12-1
8-
2
$72
10-
1
9-27
1-1-44
tifying daily to the Secretary of the Treasury
world.
We give below a record for the week
12-27
known
FOREIGN
EXCHANGE
RATES
Pictures, 8%
Michigan Power
Upper
6%
preferred
6%
preferred
1st
&
pfd.
(quar.)
(final)
(quar.)
75C
preferred
(accum.)
$2
10-
1
5%
prior preferred
62 %c
62 %C
(quar.)
Vapor Car Heating, 7% pfd.
7%
preferred (quar.)
6%
1
1-3-44
12-24
9-10
9-
1
$1.75
12-10
12-
1
20c
preferred
1
8-
2
7-17
Vulcan
$iy2
9-20
.060586*
$i3/4
7-20
10-20
7%
Detinning Co., common
preferred (quar.)
preferred (quar.)__
Walker
Mfg.,
$3
Warner
Bros,.
Brothers, class A
preferred
7%
.909090
6%
preferred (quar.)
1-19
8-
2
7-15
8-10
8-10
7-24
Colombia,
India
—
.909090
.
.572800*
8-31
8-15
Union of South Africa,
17'/2c
8-
1
7-15
Uruguay, peso—
Controlled
9-
1
8-15
$l3/4
8-16
7-19
$iy2
8-16
7-19
Noncontrolled
•Nominal rate.
pound
.528800*
.909090
.905703
.572766*
4.035000
:
^
.572766*
4.035000
4.035000
.301215
•
.301215
-
.205800
.205800
.205800
.909090
.909090
.909090
.902708
_
528800*
,
.902708
3.244203
•3.980000
.909090
.903333
3.244203
.658300*
r
.301215
.205800
.903541
3.244203
3.980000
.
.658300*.
s
'
.909090
3.980000
3.980000
.658300*
.909090
.906015
.572800*
■
.301215
3.244203 ;,
3,244203
pound—
.909090
.905078
u
.301215
.902500
.902708
New Zealand,
.051275*
.205800'
.301215
2
.051275*
4.035000
Newfoundland, dollar—
Official
.060586*
.051275*
.905078
.572800*
'
-.205800
Mexico, peso
.060586*
.909090
-
4.035000
4.035000
pound sterling
(British), rupee
3.228000
3.228000
,060586*
.051275* :
O
.909090
.905000
.572800*
peso
England,
7-24
$iy4
1
■
.905078
43 3/4 C
'
convertible
preferred (quat.)_
West Penn Electric, 7% preferred (quar.)
2
$iy4
preferred (quar,)
Michigan (Steel) Foundry—
preferred (quar.)
$1%
1
8-
$iy8
,
9-
37y2c
(s-a)
(quar.)—
Welch Grape Juice Co., 7%
West
9
7-21
67y2C
preferred (accum.)
$3.85 pfd. (accum.)
Washington Gas Light (D. C.), com. (quar.)
$4% preferred (quar.)
$5
10-
8-
$34.65
Pictures,
Warren
2
75c
.051275*
.297733*
.251876*
.251876*
.060586*
.060586*
.
•
Canada, dollar-
7-10
$iy4
-.051275*
3.228000
3,228000
3,228000
,v
i V-
;
+/ .297733*
.251876*
.251876*
3,228000
pound
9-10
7%
.251876*
Brazil, cruzeiro—
7-15
37y2c
(quar.)_.
8-
Free
.297733*
$
$
$
.297733*
.297733*
July 15
July 14
July 13
July 12
.251876*
Australia,
New York
■
.297733*
9-21
$1.75
(quar.)
Vertientes-Camaguey Sugar
Virginian Ry.,
10-
Buying Rate for Cable Transfers in
Value in United States Money
July 10
July 9
/ + $
Argentina, peso—
prior preferred (quar.)
1943, INCLUSIVE
•
Country and Monetary Unit
9-15
Utica
5%
BY
Noon
Light—
(quar.)
Upresit Metal Corp., 8%
Knitting Co.—
CERTIFIED
JULY 9 TO JULY 15,
as
Universal
Tariff Act of 1930, the Federal Reserve Bank is now cer¬
the buying rate for cable transfers in the different countries of the
just passed:
FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
1930
requirements of Section 522 of the
1
10-
Foreign Exchange Rates
Pursuant to the
7-14
75c
formerly
was
Vadsco Sales Corp.
Universal Leaf Tobacco, common
12-
$1
(quarterly)—
above
9-10
$iy4
___.
9-10
9-24
62 %C
(initial)
7-10
9-24
$2
preferred
11-30*
7-20
25C
(quarterly)
Common
The
1st
8-31*
12-20
30c
Plywood Corp. (quar.)
Rubber Co., common
S.
8%
9-20
50c
,528800*
3.244203
*
3.980000'
.658300*
.
_
'.658300*
.528800*
.528800*
3.980000
,
.658300*
.528800*
Volume
THE
Number 4195
158
COMMERCIAL & FINANCIAL CHRONICLE
251
General Corporation and Investment News
RAILROAD
Abitibi Power & Paper
lows
Company's
PUBLIC UTILITY
-
American European
Co., Ltd.—Privy Council Al¬
Ordering
Judgment
Against
Appeal
In
The
Privy
Council's judicial
committee
(London)
handed down
8 a judgment allowing the appeal of the company, from the
judgment of the Ontario Appellate Court and Justice W. E. Middleton,
who directed that assets of the company should be sold at auction.
In addition to directing the sale of the assets, Justice Middleton
also had held that the Abitibi Power and Paper Co., Ltd. Moratorium
Act, passed by the Ontario Legislature in 1941, was ultra vires of
the Legislature.
■■
V"v.'
.v:
The orders of Justice Middleton and the Ontario Appeal Court were
ferred
The
order
issued
Appellate Court
subject to
premise
rejection
was
the
bid
with
Int.
vires
the
of
The
affairs
company's
fell
its
at
accrued
or
Legislature.
69,468
75,789
and
3,675
$318,193
$381,777
51,994
16,071
13,995
51,312
income
Other
»$218,450
♦$282,178
$316,470
150,000
150,000
225,000
$308,948
300,000
53,175
88,625
$15,275
$43,553
dividend—
stock
Balance,
dividend
surplus
$372,798
to
of
$220,212
for
reserve
in
possible losses
Comparative
Assets—
.
.
.
Accrued
(at
Loss
$8,948
$91,470
on
155,
*
.'
/
Balance
Sheet,
June
Net
$341,704
11,437,613
40,621
and
Dec.
of
25
cents
per
share has been
50 cents.—V. 157,
23,
loan
loan
dividend
Accrued
Reserve for
Capital
directors have
The
and
the
stock,
common
July 31.
last
record
Aug.
31.—V.
The
directors
100,000
dividend of 25 cents per share
on
the $2 non-cumlative convertible preference stock,
no par value,
payable July 27 to holders of record July 20This compares with
30 cents each paid on May 1,
last, and on Dec. 31, 1942, which
compares with 65 cents paid on Dec. 29, 1941, $1 on Dec. 27, 1940, and
60 cents on Dec. 3, 1936.—V. 157, p. 1235.
'
* 1
'
53,282,939
7,356,057
198,641
2,168,892
9,193,697
2,127,927
*♦209,418
25,706,010
29,313,865
67,000
■—
nor¬
tax.
ex¬
4,500
2,386,105
2,061,595
110,983
5,055,718
—„
$Lo'ss.
•♦In
share
$5.05
§As
—V.
157,
2006.
p.
■
•
■
;
.
Pacific
directors have
The
no
20.
Dec.
and on
declared
dividend of
a
50
cents per
value common stock, payable July 31 to
This compares with $1 per share paid
par
July
30, 1941.—V. 153, p. 92.
44th annual
Charles J.
,
preferred capital stock paid during the year: $7 per
for the year ended April 30, 1936; $1.29 per
on
out
of
earnings
out
of
earnings
for
the
earnings
for
the
share
out
of
out
of
earnings for the
$$Dividends
year
year
year
ended April 30, 1938;
ended April 30, 1942;
ended April 30, 1943.
share on the
Cash
divs.,
Operating
§§This
■■
&
Foundry
amount,
because
of
Government contracts,
$7.28 a share.
of
renegotiation
Co.—Annual Report—The
Comparative Consolidated Balance Sheet, April 30
report of company and subsidiaries for the
April 30, 1943, made public July 11 by
,1943
Assets—1
Land
.
Interest
inc.
$586,311
7,816
45,421
49,270
55,567
19,000
35,937
—-
for
Prov.
4,167
40,015
expenses
16,100
,
20,000
taxes
(exel
inc
57,877
said:
i
-
-
t
1943
1——
Jan.
Net income for
realized
Loss
1942
$2,977,021
1941
$2,963,112
1940
$2,775,245
317,196
345,981
461,406
359,017
securities,
Divs.
———
class
89,369
193,626
81,909
57,527
1936
138,458;
122,596
\
....
$3,100,211
$2,467,662
$3,094,756
June 30
Balance
$3,137,425
stock
A
div. ser. of
opt.
$3,312,175
$2,467,662
$3,234,191
cl. A stk.,
conv.
on
709,780
—
optional div. series
Divs.
t3,163
112,343
145,560
t31,472
.
invest—
—
on
of
sale
net
of
Write-down
Total
period—
on
other
$2,805,341
tProfit.
series
for
assets
net
The
of
the
corporation,
based
on
June 3D,
1943 market
to $16,473,027, equivalent to $86 per share of both
(preferred) stock outstanding, and, after allowing
of class A stock at the amount to which they are
amounted
prices,
of
class
both
entitled
series
to
A
liquidation
plus
accrued
dividends,
to $1.89
per
share of
.
class
B
outstanding. Net unrealized depreciation of investments
1943, was $5,982,859.
■
stock
at June
30,
Balance
Sheet,
♦Investments
Cash
1943
1942
$25,876,491 $26,311,234
77,151
32,488
16,989
23,731
:
accounts
and
-
-
—
receivable——
y**
Provision for Federal income taxes——————
40,170
Total
—
♦Based
on
$"19,892,632
tSerial
$3
June
in
cla^
cumulative
shard
and
to
1943
a
price
was
2,901,940'shares.—V. 157,
ir.
i_'!
-.'J
430,945 1
(less
—
profits
receivable
reserve)
taxes
from
(est.)
237,333
173,772
169,687
274,563
reserve)
Companies (less res.)
excess
accounts
94,432
2,500,000
affiliated
4,729,736
2,950,820
533,400
—s—
533,400
;
264,765,366 192,174,919
...
Liabilities—
Preferred stock
i
($100 par)—
stock
Common
Accounts
30,000,000
._
(600,000 no par shares)-
30,000,000
payable and pay rolls
8,933,850
:
30,000,000
30,000,000
14,216,681
Provision for Federal, State and local taxes
$135,344,109
Advance payments received on sales contracts84,313
Dividend on common capital stock—
40,391,387
Advances
on
§Reserve
for
31,663,465
8,033,153
1,346,015
599,400
—
contracts—
Government
insurance
Reserve
for
Earned
and
surplus
Total
(est.)
1943.
22,016,000
contingencies
5,317,266
capital stock
common
1,934,545
—
for
and
33,390,872
192,174,919
amortization
$34,221,851
stock
2,533,945
31,135,283
264,765,366
on
—
reserves
and
capital
dividends
—
♦Less
1943
the necessary governmental
use
here
and
depreciation of $38,740,013 in
1942.
tRepresented by 10,550 of preferred
shares of common capital stock.
$Including
in
600
amount due
on renegotiation of U. S. contracts through April 30,
SIncluding possible taxi and other adjustments.—V. 158, p. 155.
American Insurance Co., Newark, N. J.—Extra Div.—
extra
An
last
dividend
of
25
5
cents
per
payable
disbursed
were
year.—V.
of
cents
$2.50,
par
amounts
157,
p.
per
share
Oct.
on
share
have
1
to
and the usuajt semi-annual
been
declared
holders
April 1, last,
and
of
on
the
on
record
Sept.
April 1
and
common
3.
Like
Oct.
1,
1522.
is
or
such
as
production
may
of
be
made
materials
for vehicles of transportation
probable
before
demands
the
for
then,
American Locomotive Co.—Plans Recapitalization—
A
and abroad.
that
there
immediately
will
come
upon
of
following the
from
it,
war,
for military
the
roads
demand, so insistent that compliance with
whether
peace
of our
it will be
that
offensive and
and other use.
and
possibly
own
country
imperative, fof
equipment by way- of rolling stock to replace that destroyed or
worn out beyond repair by reason of the heavy and continuous service
given by the roads during these years of national emergency, it is
probable also that, with the coming of peace, there will devolve upon
our
Government the major part of the task of rehabilitating those
countries
par
(par $1), outstanding,
Total
on
1
'•
whose
industrial
and
economic
life
has
been
disrupted arid
shattered by the impact of these years of unparalleled warfare.
Of
first importance in that process of rehabilitation will be the restoration
of the systems of transportation—and this undoubtedly will require the
making here, fo^ use abroad jot the necessary equipment, both rolling
stock and motive power, until such time as the foreign industries are
sufficiently re-established to care for their own domestic needs. Your
management feels justified, therefore, in looking forward to a period
special meeting of stockholders has been called for Aug. 25 to act
proposed plan of recapitalization to take care of arrearages in
stock dividends amounting to $42.75 a share.
Stockholders
a
preferred
of
record July
16 will have the right to vote.
plan will be made public within the next few days
of discussions with the Securities and Exchange Com¬
mission, it was stated. No public sale of new securities is contemplated,
indicating that a program of exchange of new shares for the present
preferred stock and arrears thereon will be presented.Details
of
the
after completion
The Department
new
;;
stock, optional dividend series of 1936, $2.75 cumulative (entitled on
redemption to $52.50 per share and in liquidation to $50 per share
and accrued dividends),
86,870 in 1942 and 88,870 in 194i shares
outstanding; class B
P. 2442.
"It
even
$25,970,632 $26,367,454
market
to
be
defensive,
$25; convertible optional dividend series,
on redemption or in liquidation to $55 per
dividends)—outstanding, 119,383 shrires; class A
A stock,
(entitled
accrued
promptly
8,058,265
11,723,683
2,467,662
quotations/the aggregate
and $6,918,042 in 1942.\
:
30
on
companies (less
•(Treasury Stock
purposes
ment
109,273
7,690,765
11,671,365
3,094,756
credits
and
stock,
demand
——.
Notes
permit of their construction—this because of the urgent
war
"Fortunately your company, because of the size, location and equip¬
of its various plants, is in position
to respond efficiently and
69,218
payable
Reserve for contingencies—:—_
tCapital
—————
Capital surplus
——-——-—
Earned surplus
Post-war
company's facilities for the \manufacture of railroad equipment
are,
and in all probability will for some time to come continue to
be, largely engaged in supplying the demand of the Army for rolling
28,913
Dividends
—
268,314
1,031,732
22.925.15A
h your
$9,658
3,970,000
payable and accrued expenses
payable to banks, secured.:———
281,656
(U. S. Gov. contracts)
securities
affiliated
of
12,575,748
25,684,582
3,080,188
37,353,798
1,643,504
21,679,088
securities
Prepaid taxes, insurance, etc
dividend
for
stock for its
$11,358
3,393,000
Notes
our
——
restricted deposits
Miscellaneous
subsidiaries
Government—
by the roads, and undoubtedly the necessary clearances to
permit of their building will be forthcoming just as soon as the exigen¬
cies of the military effort will permit. Meanwhile, as above indicated,
Liabilities-
Accounts
Spec,
needed
$25,970,632 $26,367,454
-
73,619,110
18,553,785
2,447,204
48,078,272
reserve)
—.
19,048,219
15,929,375
and
(less reserve)
(less
-
Marketable
of the materials, steel and other, • which must
enter into their construction.
There is no question that these cars are
•
Total
bills
treasury
for
it has been unable to fill because of lack of
need
30
£.
—-
Dividends
June
-'/'w''
Assets—
Inventories
for the
vessels
clearances
,
receivable
receivable
Securities
valves, metal con¬
transportation of chemicals, minesweepers, lighters and
naval use besides an almost infinite variety of mis¬
cellaneous supplies—have continued at an intensified rate.
Addition¬
ally, your company has been called upon to produce, for Army; use
both here and abroad, a very considerable number of cars of different
kinds, comprising flat, tank, kitchen and gondola cars as well as cars
designed to be used as hospitals on wheels.
"The vast amount of work your company has done and is doinggreater by far than at any previous time in its history as evidenced
by the fact that your company entered upon its fiscal year now cur¬
rent with a back-log of business on its books having a money value
of approximately $350,000,000—naturally has required a very consider¬
able increase of facilities and personnel.
While recognizing the neces¬
sity of this, your management has been careful to see to it that in
neither facilities nor personnel has the expansion been beyond the
limits dictated by prudence and sound business judgment.
While the
problems arising, and which are of practically daily occurrence, have
been many and complex, yet „we have found within the limits of our
own organization
the ability needed for their successful solution.
"In the field of purely domestic business, that having to do with
the building of equipment for the railroads of our country, the con¬
ditions have been and still are difficult.
Your company has on its
books orders for a very considerable number of new cars, which orders
tainers
$359,017
$2,885,523
6 Mos. End. June 30—
Balance
bonds,
7,595,834
42,696,303
38,492,047
19,041,126
24,612,257
;
.»
treasury tax notes at cost—
"During the year the activities of your company and its
Surplus and Undistributed Profits Account
Earned
hand
on
Government
Accounts
*
prime producers of materials of warfare for
combat tanks,
armor
plate, shells, bombs, fuses,
$461,406
$345,981
$317,196
and
Advance payments to vendors for materials con¬
tracted for
Mr. Hardy
of ro-
suits of sales of sec.)
banks
<
$
7,674,901
Notes
as
Net
in
S.
U.
"renegotiation" of Government contracts has been ad¬
justed to $7.28.
.In his letter to stockholders accompanying the report,
$469,723
7,728
45,101
>
Cash
1942
■
$
,
and
improvements
Buildings, machinery and equipment
Intangibles
J.
Hardy, President, shows net earnings of $5,-
standing, against $12.09 per common share for the year
ended April 30, 1942, but this latter figure because of
1940
$462,718
3,984
' 44,483
$417,315'
int., etc.—
etc., taxes—
Franchise,
per
on
ings of $9,275,377 reported for the previous fiscal year
and* is equal to $5.05 per share of common stock out¬
,
1941
per
$3.50
pleting the payment of the full 7% dividend for that year; and addi¬
tionally $0.29 per share "carry-over" from earnings of fiscal years
ended April 30, 1937, and April 30, 1938.
-..-w.-
1942
$1,953,222
055,719, after all charges, including interest, deprecia¬
holders of record
Dec. 21, last;
1942
1943
$3.50
preferred capital stock paid during the year: $3.50
per share out of earnings for the year ended April 30, 1942; $5.25 per
share out of the earnings for the year ended April 30, 1941, this com-i
tion, amortization and provision for estimated income
and excess profits taxes. This compares with net earn¬
American Cities Power & Light Corp.—Interim Report
6 Mos. End. June 30—
before
respect to profits of subsidiary companies.
•(•(Dividends
fiscal year ended
on
1
/
hut
expense,
has been adjusted by the company to an amount equal to
Car
American
:
Co.—50-Cent Dividend—'
Salmon
Nil
$5.23
general
——
Alaska
*
—
§§$12.09
and
$10,777
5,161,130
506,537
reported.
share
\
1943
$326,505
'
9,275,377
tt4,425,690 $$2,616,628
599,400
599,400
paid-
administrative, selling
stock.
50,000
profit after charges and Fed. income taxes
5,500,000
carried
•(•Including possible tax and other adjustments.
"
4,000
1,876,079
2,061,595
92,665
Export Lines, Inc.—Earnings—
_
depreciation and amortization.
1,640
4
July 12 declared a
on
32,430,621
99,947
before
suprlus
•including
$11,323,640 $11,819,938
—
by
American
.
Dividend—
to
:
1,800,000
sales of securities
Quarter Ended March 31—
,
Net
Air Investors, Inc.—25-Cent Preference
99,963
earnings
100,000
—
—
♦Represented
k
157, p. 340.
245,729
exc.
per
shares of no par $6 cumulative
tRepresented by 354,500 shares of no par value.—V. 158, p. 81.
per
directors also declared the usual quarterly dividend of 1%%
7%
preferred stock, par $100, payable Oct. 1 to holders of
the
on
no
extra
cents
40
452,661
Federal
share
share on the
par value,
payable Sept. 1 to holders of record
of 20 cents was also paid on this issue Sept. 1,
of
„—
Total
dividend of 20 cents per share
extra
an
dividend
year.
The
■}
An
declared
semi-annual
regular
;
Dividend—
Stores, Ltd.—Extra
919,093
share
Surplus
Agnew-Surpass Shoe
60,411
retir.,—
—
'
53,175
on
92,074
Preferred dividends paid
81,011
possible losses
73,508
155,124
92,023
income
Earnings
surplus
57,997
165,702
Federal
615
Accrued expenses
93,877
516,958
302,433
etc.
354,500
taxes
99,900
7,922,493
87,971
780,815
divs.
currently
107,206
54,295,757
—
earnings,
Common
payable
242,313
100,329
prop,
$5,000,000
—
due
91,538
charges—
615
1,700,000
stock
bank
172,350
profits taxes- Cr2,500,000
tProv. for conting
2,000,000
on
'
bank
77,899
royalties,—
to
$5,000,000
354,500
warrants
Common
1142.
p.
$11,323,640 $11,819,938
'
stock
Secured
declared on the no par
value
common
stock, payable Aug. 2 to holders of record July 23.
Similar payments were made on Feb. 1 and May 1, 1943. Distributions
in 1942 were as follows: Feb. 2, May 1 and Aug. 1, 25 cents each;
dividend
22,248
752,275
7,977
cess
profits tax
Post-war, - credits (est.)
1942
-
10,675,312
40,142
cost)
Secured
Corp.—To Pay 25-Cent Dividend—'
Adams-Millis
A
18,691
778,449
v
34,318,829
charges
Estimated
1943
—
tCommon
Option
20,997
1,025,254
19,715
income
taxes,
30
Liabilities—
•
$442,981
53,064,401
1,531,015
income——
on
Net
Total
1,820,176
6,853,103
32,517,810
from
mal
.
interest
♦Preferred
1,971,501
3,959,080
income, dividends
Estimated
sales of securities.
$608,186
Securities
the company.
the Montreal
Trust Co., trustee under the bond mortgage,
and opposed by R. S.
McPherson, liquidator of the company, and by the Province of Ontario.
2,954,976
.
oper.,_—
from
Charged
—.
Cash
sale of all assets under a mortgage made by
Application for sale of Abitibi's assets was made by
5,133,542
6,021,000
„—_
Miscellaneous
directing
158, p.
etc.
Total
regard to net loss on sales of securities in the
1943 and $295,845 in 1942, which was charged
♦Computed without
amount
32,446,394
royalties.
Miscellaneous income—.
' ' 50,375
taxes
—
53,424,854
13,475
19,944
$
289,275,689 216,336,568
250,736,879 158,138,624
35,795,090
patterns,
new
'Interest
1940
$
Deprec. and amortiz
Earns,
1941
67,192,012
$
$
goods sold,
Repairs,
flasks,
4,650
$289,383
misc.
stock
Common
the Provincial Legislature saw fit.
The company went into receivership in 1932.
The moratorium act
passed by the Ontario Legislature was designed to stay proceedings
—V.
of
T § 1942
1943
discts.
allowances
♦Cost
78,228
4,365
April 30—
sales, less
Interest
time
any
67,818
1
1941
1942
18,939
incl.
Net
Pref.
'"/
commanding position."
a
Comparative Consolidated Income Account
Gross
v* 1940
i $294,570
•
income
Total
Privy Council judgment said that the action to wind up the
affairs was originally a mortgagee's action brought in the
courts.
Thus it was subject to provincial laws which might
at
$301,338
;
in- securities.
rec.
company's
altered
$245,050
Interest
under
held
Years Ended
to
on
$217,200
received
received
Exps.,
Ontario
be
liquidating value of $100 per share,
This compares with net assets
stock.
Income
Federal laws and therefore
could
not
be
stayed by Ontario legislation—the Abilibi Power and
Paper Co. Moratorium Act, 1941, and its extension in 1942.
Thus the Privy Council ruled that this Ontario legislation was valid
and set aside the Ontario Appellate Court's ruling that
it was ultra
Abitibi
of
common
divs.
Divs.'
,
activity in the industry— the manufacture and sale of
equipment and rolling stock—In which for many years your
company has
assets, based
net
intensified
railroad
company
the bondholders to bid.
given to
liberty
for all known liabilities,
the
quotations, amounted to $9,352,477, equal to $187.04
preferred stock and, after deducting outstanding pre¬
1943
Cash
which the ruling of the Privy Council was based
plaintiff's contention that the winding up of
on
the
of
the
1943,
30,
Earnings for 6 Months Ended June 30
Middleton and upheld by the Ontario
company's property and assets be sold
Justice
that
June
$12.27 per
March 31,
1943, of $8,529,564, or $170.59 per share of preferred stock and $9.95
per share of common stock, and with net assets on June 30, 1942, of
$6,072,611, or $121.45 per preferred share and $3.02 per common share.
Council's
by
was
reserve
a
The main
Privy
ended
MISCELLANEOUS
-
of
Securities Co.—Earnings—
months
6
after providing
stock
share of
judicial committee and the motion
for sale was dismissed.
In addition the plaintiff, the Montreal Trust
Co., was ordered to pay the costs incurred by the Abitibi company
not only during this Privy Council appeal but also during the previous
litigation in the Ontario courts.
the
by
share
per
July
the
for
INSURANCE
-
June 30 market
on
aside
report
a
states that,
Assets Sold—
set
INDUSTRIAL
•
of Rule
pursuance
transfer
to
7%
all
of Stock List of the New York Stock Exchange, in
874 of the Board of Governors, requests members
of American Locomotive Co. common and
certificates
cumulative
preferred
record in the name of
the
close
of
business
a
stocks,
which
they
may
previous holder, into their
July
hold
name
registered
of
at or before
1943, in order to facilitate the
convenient solicitation of proxies for the special meeting of stockholders
to be held on Aug. 25, 1943.—V. 157, p. 2142.
'
on
16,
American President Lines, Inc.—New DirectorEmory A. Wishon has been elected
tors.—V.
158,
p.
155.
a
member of the board of direc*
THE COMMERCIAL & FINANCIAL CHRONICLE
252
(& Subs.)—Earns.
American & ,Foreign Power Co. Inc.
labor
unrest
Net
■
of plants
(net)
>
Net interest to public
other
deductions
♦pfd,
to
public
Balance
Balance
Co.,
income of
'
'
11,820
10,557
10,905
31,636
10,511
—I—
213,367
331,358
18,571
(2)
Amer¬
16,262
5,964
25,073
25,117
value
h
i.
445
$3,250,643 $13,569,845 $12,624,464
$3,690,635
$352,692
difference
between
of
Feb.
27,
the
sale
Of
the
on
reserve
against
&
the
1943,
or
common
for
the period from Jan.
in
1934.
exchange of securities since
or
in the
income
account
the
on
basis
equity
$3,250,643 $13,569,845 $12,624,464
110,160
425,432
712,380
$3,690,635
31,004
-
1
and
expense
413,511
'491,127
.
decrease
in
market
1, 1943, to Feb. 27,
value
of
securities
'
1,225,290
Accounts
dividend
•Full
$1,588,670
$2,005,222
applicable
requirements
receivable
$5,850,815
periods
respective
Exps.
other
&
&
discount
and
1,225,290
subsidiaries
$4,885;
receivable,
debt
$13,771;
liabilities,
In
subsidiary
surplus,
' V'
" ;.v
t
,
1
(no
total,
receivable,
dividends
total,
unamortized
funded
debt,
$125,414; other accounts
$1,535,283; miscellaneous current
from
subsidiaries
$1,625,000;
reserve,
157,
$516,615,298.—V.
received
pp.
1937,
earned
2442.—
able
net
' S
/w'-!
The directors have declared
made
class
and
A
holders
of
both
on
B
issues
1942.—V. 156,
July
on
dividend of
stocks,
14.
Feb.
Period End. April 30—
SubsidinrifiS""™"'
■>."j,■_
revenues
Operating
15,
last,
and
cents per share on the
value, payable July 30
50 cents each were
of
on
March 2
and June 29,
(& Subs.)—Earnings—
1943—3 Mos.—1942
1943-12- Mos.—1942
tjj
.•.■■
expenses
Federal
25
par
no
Distributions
American Power & Light Co.
Operating
^
ijj
32,810,668
11,827,908
taxes
48,175,915
taxes
Prop,
retire,
Waltef
due
able
The
income
System
not
of
ance
'
34,175,784
8,392,968
More
equity
39,813,119
34,319,395
3,861,813
15,797,231
15,742,010
4,531,155
24,015,888
18,577,385
1,792,059
1,792,935
7,170,886
7,171,741
2,738,220
16,845,002
11,405,644
to
of
Co.
in inc.
6,407
54,752
38,744.
subs.
American Power
Net
&
4,749,679
2,731,813
16,790,250
11,366,900
2,731,813
11,366,900
12,361
16,257
16,790,250
61,144
4,762,040
2,748,070
16.851,394
11,433,038
98,845
388,589
411,326
16,462,805
11,021,712
2,825,694
—
Total
Expenses
each
1932.
30,
_____£—
83,091
Balance
/
:H
4,678,949
2.649,225
681,995
707,785
Interest-&-other deduct.
3,996,954
66,138
earned
sol.
.
♦Full
earned
dividend
or
13,717.358
of
336,126
13,369,902
7,859,892
_
3,902,985
1,864,527
met
in
basis,
158,
151.
p.
method
be
of
made
is
at
a
for
shareholders
but
reduces the
half,
the
he
has
special
Citing
its
ingot
only
saves
large
quantities
of
critical
material
machining time of the finished propeller by more than
The company is presently in volume production of
propeller
"Armco
which
not
will
steel.
successfully
steels
make
•
•
•
Other
group was 123,516,101 units (kwh.).
This is an increase of 11,313,626
or
10.1% above production of 112,202,475 units a year ago.—•
V. 158; p. 156.
Associated Gas &
developed
for secret
interesting
war
and
producing
applications."
reading,
the
is
after
the
he
a
said,"
number
"the
story
achievements of the steel industry, which has increased
capacity by 15,000,000 tons since 1940, and currently is pro¬
Corp.—Appeal On Divest¬
Securities
Aug.
and
be
Exchange Commission
held
for
Aug.
3
1942,
and for
petitions
on
modification
the
of
to file
leave
announced
filed
by
July
a
Gas
divestment
supplemental
a
that
9
Associated
Commission's
to
answer
&
order
The
Aug.
&
that
long
distance
are
busy
and
calls
order
companies,
Co.
and
of
Gas
the
the
such system
the
able
&
Gas
previously
with
Co.
Eastern
Jersey
the
Agincourt
electric
Jersey
either
Corp.
whether
New
common
adduce
al¬
company
YOrk-Northern
New
evidence
Penn¬
that
the
is
single
of
that
of
Penn¬
Power
Central
integrated
that
group;
part
with
York-Northern
Jersey
the. New
properties
the
of
retainable
Land
to
proposed
under
or
present
part
constitute
system
the
Included in
the
the
by
described in the answer.
evidence that the properties of
and Canadea Power Corp. are retain¬
as
to
Pennsylvania-New
Central
integrated
of
that
constitute
respect
within
held
seeks to
now
Corp.
properties
group;
be
or
system.
Agecorp the holding
group
Electric
with
included
filed by
included in
seeks
also
&
be
an Additional
The company
Pennsylvania
Light
jurisdiction
system
as
properties
company
Rochester
dispose of its interests in
among
others Jersey Central Power
Agincourt Land Corp.
It also provided
Corp.
Pennsylvania
to
Agecorp
commission
Electric
&
answer
that
directed
including
subsidiary,
its
reservation
Western
construc¬
limited
be
continuing
distance calls to
to
are
the
one
or
gas
or
to
additional
more
and that
operations of
group,
essential
of the
facilities of
system
the business
the Eastern
Atlantic Macaroni Co., Inc.—Extra Distribution—
The
to
urge
as
are
now
serving
in
&
Telegraph
the
Co.
$
$
"
$
47,833,186
212,773,000
"24,787,661
108,162,000
Feb.
on
extra
$1
holders
record
and
15
dividend
per-share
of
95,369,205
63,236,000
33,644,863
2,307,113
9,348,000
8,558,692
was
made
investment
the
on
May
6,309,000
^,312,953
32,027,000
29,157,783
38,238,347
148,079,000
162,076,944
1,303,000
1,847,177
Drl39,000
76,290
47,514,000
__
8,545,798
'
105,000
' 366,746
47,474,767 186,548,000 200;i47,271
6,145,916
24,430,000
24,453,522
6,085,000
and
and
Hotel
The
will
determine
to
taken
Feb.
on
of
16,
1942.—V. 152, p. 818.
head
in
Ohio—Voting Trust
of
firm
the
of
Macklin
Gordon
of
July 1
at
an
Ohio, had succeeded in
A vote was taken among the
the
trust
voting
of
expense
ab'out
was
$250,000
Cleveland,
whether
continued
or
as
two
agreement
$9,600
some
one' for
to
a
should
The
Mr.
year.
termination,
states.
property at E. 6th Street and St. Clair Ave., Cleveland, Ohio,be turned back to the security holders and the new corpora¬
begin to function in 30 to 60 days, Mr. Macklin states.
now
will
Meanwhile,
Service
the
will
management
continue
hands
the
in
of
Securities
Corp. of Chicago.
Auditorium
new
bonds
up.
Bondholders
bond.
and
Hotel
stock
Recent
Co.
received
market
for
reorganized
was
issued
were
then
the
and
10
the
1934
voting
shares
of
at;which
trust
with
each
from
$56
Auditorium company is capitalized with
$776,000
shares of stock.—("Cleveland Plain Dealer.")
time
agreement
stock
increased
has
units
in
The
41,328,851
$2.22
§162,118,000 175,693,749
42,045,287 168,194,000 168,181,146
1942
deduction
have
have
of
been
not
$2.21
.
adjustments
been
'
for
taxes-and
distributed
to
'
excess
accrued
include
set
$1,000
to
$60,
bonds and 7,760
the
periods
rates
credit
imposed
company's
to
\
of
10%.
Federal
by the Revenue
the year
1942.
System
Consolidated
taxes
in
,
..
.
___
Operating
expenses
—_
$2,129,590
Net
7,504,996
5,891,874
$475,442
$2,934,653
$1,762,723
329,888
1,904,800
1,243,891
$145,555
$1,029,852
17,225
Taxes
376,430
Operating income
Non-oper. income
1
Fixed
4,030
/
£ :•
•
$147,211
3,871
deberits.
A
ser.
1,657,
$227,330
;
charges
oh
Int.
<
v
$223,300
Gross income
$7,854,598
1,242,014
$599,730
revenue___
oper.
1943—5 Mos.—1942
$1,717,457 $10,439,649
1,529,861
Act' of
interest
Earnings .Report;.
revenues
i
1
'
<
1943—Month—1942
.
Operating
which
,
proportionate
(Including Baltimore Coach Co.)
Period End. May 31—
$9.40
.»
<
.
other litems/made
-
profits tax
at
the
$8.67
,
undivided profits or deficits of
subsidiary companies.
SBefore reservation of net income made in
Dec.; 1942, in the amount
of $1,945,000, which
represents the amount of the unused excess profits
for
stock,
common
Distributions
and
Baltimore Transit Co.—Earnings—
41,429,000
retroactive
(Does
6,337,000
:
the
26.
last,
1,
July 2 in Chicago by Gordon S. Macklin,
on
dealer
Auditorium
terminated
vote
The
40,041,000
______
of.$l;per share and
on
July
that the committee representing holders of. more than
Co.,
bonds
166,730,543
-
13,425,459
share—
per
credit
Announcement
Macklin
9,120,000
—
42,058,000
1943
.were
Cleveland
-
•
income
1942.
to
Auditorium Hotel Co., Cleveland,
tion
income
tAfter
2
made
Agreement Terminated—
be
1943—12 Mos.—1942
29,668,000
income
Earnings
of
bondholders
Telephone
47,631,000
Interest deductions
(Net
an
dividend
Aug.
May 1, Aug. 1, Nov. 2 and Dec. 21,
2,534,000
income
Total
declared
payable
each
$1
&
employees
directors
both
from
or
have
regular quarterly
the
being asked to help
far as possible, from
is
ex-
Other income—Net
tax
13
Pennsylvania-New Jersey group.—y. 158, p. 156.
1943—3 Mds.—1942
taxes
Dividend
-
$518,832
6,848
v
$1,047,077
5,589 i:
$525,680
19,354
388,692
27,941
117,603
$639,031
77,706
$380,136
(American Telephone & Telegraph Co, and its
principal telephone
Net
income
Prov.
Period End.
tFederal
cess
1943—3 Mos^—1942
May 3 J—
revs.
&
taxes
1943—12 Mos.—1942
-
.
$.
971,981,326
61,047,647
.
/
deductions-
32,552,369
224,366,856
58,824,166
55,069,064
229,666,765
236,027,766
12,629,901
51,985,998
' 50,632,687
2,186,120"* v 5,299,909
13,161,620
"
157,
Net
income
Applicable
of
to
subsids.
45,662,546
______
stocks ;j.
consol.
.
.
42,439,163' §177,680;767
v.
'r
.
.
221,431,517.
-
by public
14,596,249
____
1,701,628
Tel.
stock
Per
&
Tel.
1,628,681
»
185,395,079
"•
6,663,317
•
7,037,309
*
.
The
Funds
Dallas
4%
'Certain
stk.
retroactive
40,810,482
adjustments
$289,031
$380,136
Inc.—New Bond Issue Placed
with
of
in
which
a
new
&
annum
5s,
due
1950,
interest Aug.
Bank
Dallas,
to
retire
mortgage
Son.
The
the
issue
new
and its final
have
been
called
for
payment
1, 1943, at the offices of the trustee,
Dallas,
Texas.
issue
will
be
which
has
been
issue
bears
maturity is Aug.
obtained
1,
from
privately
interest
1963.
at
the
sold
by
rate
the
of
.
Voting Trust to Be Dissolved—
171,017,450
u
178,357,770
Aug.
$2.18
for
taxes
$9.15
and
other
$9.54
items
made
1,
1943, theVoting trust agreement under which the entire
stock of compay is deposited, will bt dissolved and
capital
thereafter
certificates
has
$2.35
accrued
Rupe
per
shortly
share—American
Tel. & Tel. Co.
of Dallas,
first
company's
National
common
Co.
43,960,918
$141,622
;
Amer.
__________
350,000
$95,753
Hotel
at par and
First
At
to
50,000
_
Privately—Old Issue Called For Payment—
.
1
..
..
held
"
$141,622
res.
2344.
p.
Baker
132,657,703 -127,296,847
52,882.944
;
war
131,143,590
57,117,955
1,706,211
_______
$•145,753
_________
spec,
Remainder
—V.
-yv"
•
222,514,954>
44,398,631
34,356,595,
879,095,558
-
for
(incl. accel. deprec.)
;
1,551,520,839 1,358,967,512
•*,/"..
taxes
income
Interest
$
ex-
income-
oper.
$
406,438,900 358,317,981
253,916,703. 228,484,037
____*
exps.
inc.
profits
Total
of
war."
Electric
ment Set for Aug 3—
In
task.
operating income
Applic.
«■
-
caused
trustees of Associated Gas & Electric Corp. report for the week
July 9, net electric output of the Associated Gas & Electric
ended
sylvania group.
record
new
reported.
new
other
of
It
year.
Art Metal Construction Co.—New Chairman—
Alfred C. Davis has been elected Chairman to fill the vacancy
proceeds
Describing the rolling process worked out by Armco, he said it was
one of the most outstanding developments of the steel
industry during
past
46,361,000
leged
telephone1
new
—_
expenses
income
tOther income—net_
rolling airplane propeller blade steel so that two blades
from the same amount of critical material that previ¬
ously made one, was revealed July 8 at the annual
meeting of the company by Charles R. Hook, President.
the
38,876,000
52,596,000
sylvania
___
profits taxes
cess
Other
-
American Rolling Mill Co.—New Development—
A
45,057,000
62,960,000
control with
full.
$
Net
may
57,275,000
68,709,000
York-Northern
applic¬
are
Bell
of
Materials
unnecessary
30—
revenues
Operating
Operating
-
requirements applicable to respective periods whether
unearned.—V.
64,688,000
75,264,000
158, p. 156.
Rochester
equipment are practically unavail¬
needs, with the result that civilian
American
8,196,018
347,456
/-76,913
'
surplus
77,439,000
10____
—V.
terminating the voting trust agreement,
♦Bell
2,745,447
:
1,941,440
93,969
/-
Balance carried to cons
3
July
a
dividends
that
On
1943,
volume
the
war
,
taxes
45,814,000
certain
subsidiaries.)
Balance
♦Income
52,682^00
Light
Co.—Quarterly
month
demands.
49,500. Bell System
Period End. June
for
4,749,679
income
1,
long
public generally
services by refraining,
armed
♦Earnings
during 1941
applicable.
Light Co.—
equity
Other
1939
45,133,000
65,016,000
13,
accrued
armed forces.
♦Certain
Amer-
of
any
Dividends
I lean Power & Light
.
plus
Telegraph
and
circuits
Also,
essential
than
Interest
13,226
Net
1940
52,363,000
69,485,000
of
143,611
3,887,090 '
applicable
make
the
an
("Federal
245,386
Balance
Portion
1941
63,374,000
73,669,000
will
making any long distance calls between 7 and 10 P. M. which,
by and
large, is the only time service men have to call home.
Telephone operators and other personnel are anxious as
always to
give prompt, courteous and efficient telephone service and, in view
of
the
difficulties due to war-time shortage of
materials,
the co¬
operation of the public is more than appreciated—it aids the
perform¬
11,512,156
39,567,733
public-
1942
71,160,000
26_
$10,285,436
June
on
states: The
war
asking
are
whenever
to
in
men
11,811,306
4,762,905
to
essential
centers.
2,914,098
38,016
deductions
divs.
for
minutes
Operating
Operating
6,554.964
♦Pfd.
&
war-time
15,057,093
Net inter, to public and
other
Telephone
companies
10,139,125
8,354,952
.
June
of long distance is especially notable and between
centers' the increase in the number of calls has been un¬
precedented.
Being unable to build the new facilities needed, Bell
9,985,868
10,442,054
____
share,
per
since April
values)
increasingly cannot be
16,406,805
71,578
corresponding,
greater use
2,919,714
(net)
the
1943
war-busy
Net
Gross
$100
market
on
abnormal
except
4,444,765
depl.
for
electric energy for the last
79,699,000
Corp.
\
to
demands
46,732,184
10,370,476
income
(based
of
share)
per
Gifford, President,
continues to increase
business
/
Other
extent
S.
2,706,962
and
kwh.
output of
19
46,002,621
Report—
4,886,289
_____
68,709,300
of weekly
follows:
years
Week End.—
The
$7,865,000 or $121 per share to the first preferred
$5,072,138 or $21.56 per share to the preference stock. No
applicable on that date—V. 158, p. 156.
and
2,947,024
Other
output of
table
June
follows:
as
30,461,437 125,947,627 117,616,342
11,899,917
___
the
($67.50
assets
war-busy
:
1203.
p.
a
common
record
to
American
the
class
stock,
people
American Piano Corp.—25-Cent Dividends—
to
July
1942.
Electric
assets are
five
>";£!
the
over
of
Comparative
hearing
tion and for the manufacture of new
payable,.
contingency
presented
of electric energy of the electric properties of this company
ended July 10, 1943, totaled 75,264,000 kwh., an increase
5,272^379
____
net
high
$516,615,298.
$393,940,452;
value),
par
accomplishment in
was
week
44,271,871
-
—
$15,876,472
the
subsidiaries,
deferred charges,
$3,472;
accounts,
credit, income
special
^
..
week
The
155.
p.
•
$501,-
$5,671,518; U. S. Treasury bills,
$266,727; other accounts
deferred
$165,914;
$34,198,921;
V. .158,
and
accounts
accrued
$10,543;
•
advance,
$4,041,921
etc.,
receivable,
$6,497,103;
expense,
Liabilities—Capital stock
$85,000,000;
$6,135,771
subsidiaries,
advances,
demand,
on
accounts
interest
and
discount
payable,
and
other current assets,
$1,140,915;
5,606,500
the
of. 9.84%
Sheet, March, .81, 1943
securities
banks,
in
cash
$1,053,414
$1,108,276
Balance
for
American Water Works & Electric Co., Inc.—Output—
for
235,207
stock
;
ferred
stock
____
Assets—Investment
$1,600,000;
5,254,267
to
earned surplus
430.678;
1,358,622
1,500
6,500,000
Note—The first preferred stock has
priority to the extent of $100
share, plus accrued dividends of $1,365,000 ($21 per share since
Jan.l, 1940).
The preference stock has priority, after the first pre¬
1,879,529
1,490,095
and surtax
per
of
expense
carried
Balance
413,511
credit
tax
employees of the Marcus Hook, Pa., plant of this corporation.
—V. 157, p. 1937.
7,100
income
stock
.
$2,825,547 $12,880,133 $11,527,950
491,12-7
profits
excess
order.
712,380
425,43 2
of debt
amort,
normal
Total __1
charges,
taxes
including
Inter.
110,160
$2,824,693
Total
Deficit
1943—12 Mos.—1942
$2,715,387 $12,454,701 $10,815,570
31,004
Other income
1942, in the amount
the
The
$10,285,436
Preference stock
Common
$2,783,689
unused
not
subsidiaries
r
.
'
•
.
Capital surplus
1943—3 Mos.—1942
subsid.
from
majority-owned
*
483,856
1,504
_
_
First" preferred
Earnings of Company Only
Period End. March 31—
other
all
Associated Gas & Electric Co.—Weekly Output—
Reserve for takes, expenses, etc.—
whether; earned or unearned.
Income
to
$9,800,075
_
Liabilities—•'
5,606,500
$7,250,915
the
to
and
Co.
(partly estimated).;
by the death of Henry K. Smith.—V. 157, p. 1046.
1943.
;
Reserve for Federal
Balance
which
units
_
5,254,26 7
.1,358,622
14
during
1,879,529
1,490,095
,
•
periods to
the
American Viscose Corp.—Army-Navy "E" Award—
or exchange
price and the market
subsequent cost. Losses of $15,116,stock and option warrants were charged
Cash
Total
*
to
The Army-Navy "E" award flag - for outstanding
production of materials needed in the war effort
Balance Sheet, June 30, 1943
^
•
-
amortiz. of debt disct,
Electric
$4,312,786, in respect of the
1942.—V. 157, p. 2209.
Assets—
$3,360,803 $13,995,277 $13,336,844
$3,721,639
other charges,
including taxes
Interest - to public and
of
sale
Investments
Total
Exps. &
distributed
been
excess
the year
the
.
Net
of
§Before reservations of net income made in Dec.,
five
$314,611
'
Other income
Western
consolidated
July
the sale
1943, have been included
as
$112,819
$523,270 in 1941, and $1,charged to the reserve for
market value of securities created
The profit and loss on
27,
the
of
Inc. in
subside-
$134,175
Notes—(1) Losses Of $1,017,463 In 1942,
200,117 in 1940, on sale of securities were
$3,269,214 $13,901,203 $12,837,831
Foreign
Power Co., Inc.—
American
have
1942
profits tax credit of 10%. Federal taxes
for 1943 have been accrued at rates imposed by the Revenue Act of
1942.
(Includes
proportionate interest in
earnings
or
deficits of )
Output
—
—
Balance
Foreign
Power
.'
and
deduction
1940
30,668
Feb.
&
(After
$361,910
Taxes
Drl36,729
75,426
Dr31,107.
107,122
ican
1S41
$159,005
24,020
18,902
decrease "in
of
1942
$407,054
expenses, etc.—
All other expenses——
2,041,238
2,133,332
$3,300,321 $13,825,777 $12,974,560
$3,797,757
-
equity
1943
$207,764
Cash divs. and interest-
*
...
?tS^ity
Net
'
Expenses in issuing and
transf of stks„ legal
93,574
during 1941
applicable.
_rt_
1,848,061
-
532,766
$3,704,183
Exchange adjustments on
working capital (net)
Income Account
1,905,329
532,234
•
Superpower Corp.—Semi-Annual Report—
$3,833,087 $15,959,109 $15,015,798
$4,236,417
-
American
6 Mos. Ended June 30—
'
.460,576
506,107
Monday, July 19/ 1943
p; 2209.
$4,293,663 $17,807,170 $16,921,127
&
——
divs.
22,525
27,053
,,
B.
$4,145,008 $17,047,292 $16,111,892
148,655
759,878
809,235
$4,742,524
-
Balance
6,156
5,508
$4,618,946
123,578
income
Gross
at any of the company's plants.
following directors were re-elected for a three-year term: James
Doan, J. Frank Drake, R. L. Gray and Charles R. Hook.—V. lw,
The
•
_________
Operating income
Other income (net)
Armco's
lost
was
$4,151,164 $17,074,345 $16,134,417
$4,624,454
revenues___i
oper.
Rent for lease
in
and
riotism
$17,059,737 $15,070,871 $66,373,813 $60,169,773
Oper. exps., incl. taxes
11,140.717
9,675,538
43,724,239 38,697,131
Prop, retire, res. approp.
1,294,566
1,244,169
5,575,229
5,338,225
revenues
in
tons,
the
in
occurred
Subsidiaries—
Operating
of 90,000,000
rate
industry^ no strikes, slowdowns or other obstacles have
plants," Mr. Hook declared, in praising the pat¬
loyalty of Armco employees.
Discussing the recent stoppage of work In the nation's coal mines,
which seriously impaired steel making generally, Mr. Hook said that
Armco, fortunately, had an ample stock of coal and no production
1943—12 Mos.—1942
1943—3 Mos.—1942
Period End. Mar. 31—
done
Chinese subsidiaries)
(Excluding
1943> he said this has been
in the face of serious raw material handicaps and widespread
disturbances
throughout
the industry.
"Despite the
current
ducing at the
been
now
common
stock will be exchanged for voting trust
outstanding. Republic National Bank of Dallas, Texas,
named
transfer
agent
for
(Continued
on
the
company's
—V. 152, p. 975.
page 288)
common
stock.
Volume 158
icZe
the commercial & financial chronicle
Number 4195
Stock and Bond Sales
New York Stock
DAILY
NOTICE—CaBh and deterred delivery
WEEKLY
-
furnish
we
Daily
Record
Total
tales
in $1,000
July 13
July 14
-
—
m
Total
104.27
y
100.24
Close
sales
in $1,000
~
2
Total
sales
\
-
In
-
i
sales
In
Total
sales
In
Low
2s,
sales
in
$1,000 units
!-:a
in
Low
2s, March 1948-50
Low
In
•Tjl.ow
$1,000 units
112.11
2s, Dec.
(High
-v
.
112.11
units—
1948-50
■{
Low
(Close
Total
1
sales
in
$1,000 units
High
2s; June, 1949-51.
Low
Close
In $1,000 units
Total
In
sales
$1,000 units
(High
| Low
Bs,
Sept.,
t
1949-1951
Low
(Close
in $1,000 units
Total sales
In
$1,000 units
(High
High
1951-54—--—wi—J Low
(Close
•
2s, Dec.,
V
1949-1951
Low
Close
Total
*
sales in $1,000 unlts.
f High
IMl, 1956-59
High
j Low
2s, March,
1950-1952
Low
(Close
Total sales
Close
In $1,000 units
Total
sales
in
$100
units
vj'. (High
(High
j Low
2Hs, 1958-63
■
(close
sales
112.11
sales In $1,000 units
—
$1,000 units
(Close-
Total
102.13
102.13
(High
(High
a%s,
102.13
—
(High
[High
Low
(Close
Total sales
1
2
■
sales
Total
2%«, 1948-51
1
101V2
$1,000 units
1947
Total
t
J
Total sales
8
101.2
Low
A'!'(close
—
3%s, 1945-47
100.14
•
(Close
(High
| Low
In $1,000
100.17
5
(High
(Close
-
sales
100.16
6
-
(gtese
Total
100.14
101.2
2V*s, 1954-56——Low
.
$1,000 units
2%s, 1955-60
100.14
(Close
(Close
In
100.17
Low
j
106.13
Total
•
Bales
100.16
$1,000 units
(High
Total
100.14
100.15
15
(Close
3s, 1951-55
Low
■
2%S, 1952-55
106.13
.
Low
•
100.17
100.16
f High
units
<
*
i
In $1,000 units
j
sales
100.16
$1,000 units
Higtx
Total
100.21
100.15
—
Close
Total
2
3s, 1946-48
July 16
100.16
High
106.13
units
in $1,000
July 15
6
Vis, 1951-53
1
'•
July 14
100.16
10
(High
.
York
100.21
Low
102.1
—-•
New
High
(Close
Total
July 13
(Close
(High
3 Vis, 1949-52--—.
the
100.21
—
———■
2Vis, 1967-72
102.1
\ Low
July 13
sales in $1,000 units
sales
on
$1,000 units
1964-1969
Total
bonds
,•
I
8
Low
coupon
—
(High
In
100.24
$1,000 units
3Vis, 1946-49
(High
_J Low
102.1
•
July 10
Close
$1,000 units
in
sales
year.
units
100.24
High
sales
$1,09
fJ
Close
r.
Total
Total
2VtS,
■
Vis, 1944-46
In
1963-1968
Total
Stts, 1943-45-
3
sales
for the
f High
{ Low
(Close
(Close
$1,000 units
In
Prices
Bond
:
■;
Low
sales
2Vis,
\-iK. 5
^ 4
—
High
Total
8.
104.25
(High
\ LOW
[close
in
.Total
'
104.25
in $1,000 units
sales
U.
of
2VaS, 1962-67
104.25
104.27
[ClOM
!%•, 1946-50
Record
Treasury
l
104.27
\
sales
Daily
range
point (See note below).
a
113.16
Low
( High
Total
July 16
113.16
113.17
32d of
one or more
113.16
113.17
—
units
U, 1944-54
July 15
113.17
[High
\ Low
(ClOM
—
July 13
July 10
Price*
U. 8. Bond
of
Treasury
Figures after decimal point represent
week.
computing the
Exchange
dally record of the transaction* in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation
a
Stock Exchange during the current
4% I, 1947-M—
sales In
the New York Stock
on
Exchange
YEARLY
-
sales are disregarded In the day's range, unless they are the only transections of the day. No account Is taken of such
United States Government Securities
Below
253
2s,
1950-1952V
Sept.,
(ClOSS
Total sales In $1,000 units
Total
"
sales
In
100.28
•(
Low
(Close
;
'
-
•
.
100.28
100.28
$1,000 units
'
(High
a%8, 1960-65—
(High
4 Low
——
(Close
Total sales
in $1,000
100.29
Low
100.29
Close
100.29
1951-55
2l,
•
Total
units
sales
In
$1,000 units
15
(High
a%s,
1945—
*
(High
2s
Low
------—
'
1953-55
-j Low
—
(Close
Total sales In $1,000 units
(close
Total
—
sales
in $1,000
units.—
•
(High
1948
\ Low
*(close
1%S
2Vis,
_
Total
sales
in $1,000
Vis,
1949-53—
Total
units
107.6
Low
107.6
—
Close
Total sales
'
in $1,000
1948
Federal
3
107.6
units
-
sales
Farm
in
2 Vis,
10
Mortgage
»/4S,71944-1964
1
(High
3s, 1944-1949
(High
1950-52
In $1,000
sales
(Close
Total sales
units
Home
(High
\ Low
2Vil, 1952-54
104.20
sales
in $1,000
sales
in $1,000
series
i%S,
1
Monday
July 12
S
;
♦60
62
61%
111
110
55
*50
62
110
*50
55
55%
55%
♦11%
11%
32
32
19%
46%
5%
112
111
56%
57
ll3/4
11%
32%
32%
19%
19%
193/4
46
46%
46
46%
*76
77%
76
76
5%
5%
*102
3
3%
53/4
105
:
5%
:>
102
3
3%
62 3%
*110
*49 -y.
•
12%
32%
111
.
57
54%
*50
60
*54%
6%
*61%
*110
*533/4
57
*32
32
19%
*19%
••
•19%
45%
46%
46%
46%
76%
76
76
6%
106
Low
tSale of registered bonds, all others are coupon issues.
90
Range for Previous
NEW YORK STOCK
EXCHANGE
11%
6%
*102%
12%
11%
Lowest
Abbott Laboratories
Si
4%
No par
preferred
100.
y
19%
.;
46%
*76
63/a
6%
106
300
31
*102
5,900
800
19%
1,500
47
Acme
Steel
Adams
6%
Air
Reduction
&
34,100
106
10
-
Feb
23
113
23
50
Alaska
Juneau
113
Dec
43
Jan
39
Sep
5
57
July 13
7% Jan
25% Feb
14% Jan
6
13
Apr
No
par
38% Jan
100
67
Gold
Min
Albany & Susq RR Co
Allegheny Corp
10
100
7
5%
18%
Jun
8
21V2 Mar 30
10
8
48% Jun
28
3% Jan
7
85
Jan
48%
Apr
32% July 13
Jan
76
Jan
8%
Mar
Nov
26%
Dec
16%
•
Dec
'
29%
:
6
Apr
41%
61
1
July 13
7V8 Apr
105
Jun
25
Deo
Mar
May
41% Jan
10
51%
31
par
Corp
Highest
$ per share
May
104
25
Inc..
37
28
Jun
par
Vicksburg Ry Co
1942
May 27
No
Address-Mutigr
Ala
share
Ao
Corp
130
110
per
$ per share
63 % Mar 12
4
35% Jan
Co
11,400
76%
51% Jan
$
No par
Express
Adams-Mills
V
Year
Lowest
Highest
$ per share
Par
.
Abraham & Straus
11%
31
Range Since January 1
v
*
'
32
6%
600
54%
57
for
Shares
111%
♦50
12%
*102
•(
in $1,000 units.
RECORD
the Week
62
54%
12
*76
102
$ per share
111% yy
19%
>
July 16
62 3%
32
•
Sales
Friday
$ per share
•56
55
19%
105
3
*49
32
46%
*102
♦109%
11%
r*
78
$ per share
62%
High
STOCKS
Thursday
July 15
July 14
62 y4
—
i
1945-1947
PRICES
Wednesday
62%
56%
19%
*74
SALE
S per share
.
62
*110
HIGH
Tuesday
July 13
$ per share
per share
AND
$1,000 units..
1944-1952
♦Odd lot sales.
NEW YORK STOCK
July 10
A,
units
LOW
Saturday
in
Loan
Total sales
3
(High
i Low
(Close
Owners
(Clc/se
104.20
units
2y«s, 1956-58
Total
3s
104.20
-
(close
Total
j Low
Low
Close
Total
101.12
101.12
$1,000 units
■
■•■■■
101.12
-J Low
(Close
(High
2
(High
.
Jan
69
Oct
1% Mar
4
Nov
94%
69% July
A Jan
15
Deo
Feb
3%
3 Ye
%
Oct
25%
25%
25%
26%
26%
27%
27 Va
28%
26%
27'%
26%
27%
26%
27
war
100
5Va Jan
2
27 V*
28% July 14
Apr
25%
pf A with $30
3%
25
5% %
Nov
25%
31,700
6%
25
27%
.' 26%
27%
26 y8
27%
-12,500
5%%
pf A without
war
100
5% Jan
2
27% July 14
3y«
Apr
6% Nor
42
41%
42 »/4
-
30%
30
303/8
41%
30%
*71
42%
42%
31
30
*10%
162%
•
11
162
*13%
11
14%
*13%
23
22%
22%
14%
14%
14%
162%
14 %
13%
*90
*90
22%
*1%
*22%
83%
11
11 Va
162%
163
163
30
11
.162%
75
10%
165
162%
14%
*13%
:T4%
14%
*13%
23%
23
231%
22%
14%
13%
14%
13%
13%
*90
*13%
92
92
423/4
42%
423/4
41%
42%
223%
22
22%
22 3%
1%
*1%
223/4
2 yy
2
;
*1%
2
*90
1%
93
25
24
24
*23%
25
85%
85%
86 Va
X85%
86%
.85%
30%
30Va
30%
74
74%
73%
73V'2
30%
30%
30%
30%
30%
74%
74%
73
74%
74%
74%...
...
25
25
91
40%
y.
1%
*23%
25%
85jj'4
1
200
41%
22%
1%
86 %
30 V4
91
22%
;
3,300
15,900
>,
86
30%
72%
7,600
No par
$2.50 prior conv preferred-No par
Algnny Lud Stl Corp
;
No par
Alleg & West Ry 6% gtd—■:
100
Allen
Industries Inc
Allied
Chemical
Allied
23%
14
2,500
14%
22 Vz
14%
92
500
163
223/4
42 %
263.
4,400
10,800
10%
14%
22%
page
64,500
75
22%
22%
843/4
see
*71%
11%
42"%
*24
83%
footnotes
11%
41%
*71%
3
*13%
,
*29%
For
75
1%
-
2
25
93
43%
30 7/a
•71%
3
3%
22%
43%
22%
423%
30%
75
2%
42
93%
42%
43%
30%
*71%
162 34
*22%
43
30
v
75
*10%
10%
162%
43%
30%
*71%
76%
3%.
Kid
&
1
Dye
5*
y
Mfg
Alph*
Amalgam Leather Co Inc
200
Portland Cem
6%oon?
Amerada
303/4
3,000
Am
74
3,300
American
Agrie
Jan
Jan
73%
4
3%
Apr
7%
July 15
118%
Apr
31V2 July
15
75
7
Jan
19
11 y2 Jun
140% Jan
9
43% July 13
10
2
May 26
14% May 17
10
25% May 29
14% July 13
11%
73% Jan
7
94
par
26Vs Jan
7
No
Orp
Chem
("Del)
Airlinas
Inc
'■
Jun
July
Apr
30%
Jan
Apr
19%
Nov
U Aus
1%
Jan
Jan
7
13
2% May 22
Jan 14
No
.23
Jan
2
52
Jan
27
par
10
Nov
14%
% Jan
13'/2 Jan 20
Nov
6%
22
17% Jan
x67
Jan
10%
64
par
50
12%
Apr
15
—.1
No par
Feb
Dec
Jan
4
43% July 10
22"% July 16
No
149
Apr
8
2
4
Jun
May
10% Jan
16% Jan
6% Jan
preferred
Peiro
17
22%
Nov
11
Jan
165
.v'-'vT
May
11
64
par
—No
3.300
4,400
9%
57%
Jan
18 Vs Jan
100
Corp
preferred
Allis-Ohalmers
v
___5
Btores
1,200
i
par
13
3 V* July 14
No par
Co
Allied Mills Co Inc
Allied
No
^ Jan 11
*
81
Jan
May 24
11
Dec
18%
7
30% July 16
43
Mar
70%
18%
Jun
24
Nov
76% July
25 y4
Apr
58%
D«0
25
86 V2 Jun
8
Oct
Monday, July 19, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
RECORD
NEW YORK STOCK
'•
STOCKS.
LOW
$
share
per
*56i/4
57%
'
,
17%
57%
18
57% /
42
•132%
7%
8
"
80
*110
111
*22
27
*
111
*9%
7%
7%
7%
7%
' 85%
85%
3%
23%
•
27
85
84%
24%
25
25
26
24 %
25%
24%
76
75%
75%
76
76
32%
32%
34
34
34%
3%
3%
3%
♦75
*39%
3%
3%
34%
34 Va
21,300
75%
34%
1;000
3%
37/a
2.700
3,000
American
Hide
100
69%
2,900
4%
4%
4%
4%
4%
1,500
American
4%
4%
4%
4%
4%
4%
*4%
58%
58%
59 Vt
58%
58%
58%
*57%
53%
58%
600
*57%
58%
58%
8%
8%
8%
9%
8%
8%
9%
8%
*6%
6%
*6%
43%
43%
43%
14%
14%
9%
15
120
31%
3%
41%
41%
41%
38%
39 Va
10%
10%
■.
42
40%
42
**"38%
39 Va
38%
38%
38%
10%
10%
10%
10%
*172
15%
16
16
67
67
66%
67 Va
67.
♦172
14 %>
14%
14%
14%
16%
16%
16%
42%
42%
7
42%
43
43
157
156
156
156
155%
31%
43
;
150
43%
13,400
32
43%
43 Va
44 'A
158
150
43
155
15Va
15
17%
17%
31
31
30%
30%
7 30
111
in
*17
111
111%
29
155%
*61%
163
64%
145%
11%
11%
64
11%
46
46
120
*73/4
8
8
65 V4
64%
145%
1451/4
11%
11V2
1,500
4,200
llVa
11%
.
46%
47%
*
120
47%.
*'8V4
7%
8%
8
73
73%
*73
7%
26,400
3,100
76
'
6Vo
61/4
52%
281%
28%
29V4
28
*28 3/4
29
29
29
29
29
283/4
29Va
28 V4
29 Va
23
23 Va
231/8
23 Va
231/4
23 V,
23%
23%
:■
•
lllVa
111
110%
11.0%
29%
28%
27%
100
54
28V4
40,800
*23%
23%
1,900
Anchor Hock
23
23
*115
118
*115
118
*
123/4
12%
12%
13%
13%
13'/4
133/4
*12%
13%
*12%
13%
1,200
*2Vi
23/4
2V2
2%
*2%
23/4
*23/8
23/,
*2%
23/4
200
12 %
2%
*21/4
*115
4
44%
*43%
43%
431/2
*110%
111%
1103/4
HO3/,
•nop
110%
110 lit
11010
5%
5%
53/4
5%
5%
61.3/4
61%
611/4
61%
67
66
66
38
38
*9%
10
Z
371/4
*8%'
H-;
110%
*110%
111%
5%
.
'■
*37%
38V4
Archer
500
Armour 6t
600
5%
63
63%
68
68
39%
39
5%
5%
9%
9V,
9'/4
*100
39
9%
91/2
*9%
9V4
9
9V4
14%
14
96
95
96V2
90
38%
14%
14%
94
95%
90
88%
90
*88%
90
*37%
39 Vo
*37%
39 Ve
*371/2
39 '/8
391/8
*38
38%
*103%
104%
1033/4
1033/4
IO31/2
103%
59%
62V2
62%
64%
63
65
843/4
84%
85
84%
85
85
87 V,
34'/4
333/4
351/4
35
35%
35
35%
27%
28%
*27%
28%
27
*54
56%
66 Va
66 %
*11%
12%
*11V4
12%
5% /' 5%
5%
51/4
5%
111
220
12%
13%
1.2%
13
13,500
Atlas
56%
56%
56%
56%
56 Va
56%
56%
1,300
6%
67%
67 7/8
68%
67%
68%
68 Va
68 Va
3,900
121%
121%
128
10
*11V4
12 Va
18%
173/4
8 3/4
8%
8 3/4
12%
12%
13Vs
*101%
10%
10 3/4
10%
5%
5%
65%
63
103'4
128
12%
28
56
56
26%
26%
111
112%
>.'vi
*1211/2
*11%
8%
+5%
•
preferred
conv
6,200
$5
Nichols
Austin
3,340
5%
.5%
5Va
5%
5%
35,600
17%
17%
18,500
Baldwin Loco
8%
8 34
14,400
Baltimore
12%
4,200
5%
18%
73
prior A
Corp
Aviation
of Del
(The)
ft??:.?-
17%
181/4
9
83/4
8%
13
12%
13
12%
12%
12%
10%
10%
11
10%
10%
*10V2
-
No par
No par
No par
Atlas Tack Corp
12 Va
67%
5%
No par
100
tAtlas Powder
•
Conv
53
53
53
53
53
53%
53%
53%
54
53%
53%
320
26%
26%
26V»
26%
26%
271/4
27%
28 V,
27
2734
27V8
2734
-12,500
Barber
♦llVa
*11 1/4
11%
11%
11%
11%
11%
11%
11%
11%
11%
1,300
Barker
43
43
4283/4
43
43%
43%.:
44
44
18
18
18%
18%
18%
18%
18%
18%
18%
27
18
I8V4
27
*13%
27
271/4
323/4
32%
32%
103 V,
103 'A
♦103V4
*311/4
*108
11%
33
*32
*108
113
16
37%
37%
,
*55%
37%
133/8
63%
119%
For
V
17%
173/4
171/8
27
271/8
32%
*103'/4
103%
*32
33
*32 3A
•110
114
•103V4
33%
113
11%
11%
11%
32%
104
32%
331/4
104
32%
*110
16 Va
37%
38
37%
37%
373/4
38
17
17
17
16 3/4
17
163/8
64%
120
footnotes
16 Va
63%
120
see
I6V4
64%
120%
page
263.
38
16%
63%
.;
163/8
65
120
,
■
'
16
16
37V4
38%
16%
17
56V4
56 V,
^561/4
38
37%
37%
161/4
64'A
'16%
65%
121
*110
11%
38
120
32%
112
56V4
,56Vi
56V4
*27%
120
V,"
34
11%
11%
33
103V4
16%
H%
•
Bayuk
70
600
11%
'
4,100
15%
37V4
37%
10,100
16%
16%
1,400
Inc
Creamery
preferred w w
Creek
tBeech
RR
Bslding-Hemingway
®ell
Aircraft
Beneficial
•
Pr
Corp
No par
Indus Loan
pfd 12.50 dlv series
56
56
500
373/4
900
Best
As
Best
Foods
161/4
163/B
6,500
641/4
65%
64%
6534
20,200
121%
*12034
121%
1,100
Bethlehem
7%
■■
No par
Bteel
preferred
No par
(Del)
—
165
Jan
9 Va
May
12
Jan
52%
Apr
100
,
9%
Nov
14 Va
Dec
35%
35% May
July 14
132% May
29
3
Mar
2
136%
Jun
16%
Jan
148%
Nov
36 'A
Jun
144
Oct
Mar
2iy«
Nor
Feb
12
9% Jan
4
Jan
43
Apr
Apr
12
Oct
Jun
2
15
Mar
21%
Jan
II2V4 Jun
5
78 V4 Mar
97 V»
Jan
30% Apr
23
Aug
7%
17'A July 15
33
Jan
27
17 V,
1563A July 15
101%
Apr
134'A
Jan
63 3A July 15
33%
Apr
49%
Jan
65 3A July 14
34%
Apr
603/4
Apr
143%
Jan
Apr
7%
Nov
33%
Dec
47% Jun
Jan
120
3%
1
12% July
22
25
Apr
6
108 % May
' May
4
1% Apr
88% July
6
Jan
116%
Jan
4
Nov
70 V4
Feb
8% July 16
3%
Dec
5%
Jan
July 16
5P/4
Deo
78%
Jan
7
3%
Apr
> 5%
Jan
543/4 Mar 30
38%
Jun
76
71/4 Apr
39
Aug
Jan
8
22% May
28%
Jan
29% Apr
2
4
5
50
31% Apr
7
24
Deo
30
Jan
12% Mar
17
Jan
23 % July 15
107
Marl8
116
141/2 Apr
3 Vg Feb
May
112% Mar
12 V,
7«A May
7
27
45'A July
1
36
Apr
102
Sep
Oct
1% July
Mar
27%
6
112 V8 Mar 12
Dec
1118/. Mar
110% July 13
6
2
Sep
67%
Feb
Oct
66
Jan
Jan
33%
Dec
,5
15% Jun
2%
79
Mar 27
Nov
4%
Apr
82
May
4%
28
Jan
8 V,
5% Mar
26
10% Jun
Oct i
July
Apr
03/4
Jan
61% Mar
77%
Jan
29
53
Jun
83
Jan
33% July 16
20
Jan
28%
Dec
12
81%
Jan
100%
Dec
July 14
27%
Jan
53
Oct
89% July 16
60 Va
Jun
72%
Oct
May 26
193/4
Jun
34%
Oct
34
Jan
96'/2 July 16
Jun
'90
105 'A Jun
65
38
16% Jun
3iy# Apr
6
May 27
60
Jun
Mar
45%
Jan
14% Apr
993/4 July
23%
Jan
109 %
Feb
33
28% May 27
113
15
61/4
Sep
7
463/4
Apr
51
Dec
68% July 14
43
May
70
Jan
Jun
24
111
May
116
131/e Jun
4
133A May 29
56% July
123
*
9
Jan
Jan
7
Apr
9%
53A July 13
1%
Apr
3 V,
July 16
15%
8
2%
Jun
4%
Jan
9%
Jun
14%
Jan
2%
Jun
4%
Jan
4%
Jun
7%
Jan
29
4
Apr
6%
Jan
May 26
22
Jan
73
6% Apr
193/4 May 27
Apr
7
14% Apr
6
10
2
2
6
9
13
4
12% Apr
57
•
Apr...
'
31
36
Jan
Dec
Dec
Dec
28 V* July 14
eyo Mar
133%
Dec
5
4% Apr
243/4 Aug
83/. Jan
6»/4
Nov
33%
Dec
123/4
Dec
12 Va
Jun
18%
Jan
Apr
x23%
Nov
12% Jun
44
July 14
19
7
July 15
20% Mar 22
x29
May 27
33% July 13
Mar 16
114
33% July 13
15%
20
103
23%
64
Apr
26
Oct
Mar
105
Oct
Jun
30
Feb
Apr
110%
Jan
July
7
11% July
1
6% May
9%
Dec
20% Mar 16
93/4 May
17%
Nov
28 V, May
39%
Jan
5
9% May
15%
Nov
5
46% Mar
54
Sep
110
39% Apr
6
17% Jun
56% Jun
54% Feb 23
4
V%
42
21
10% Jun
101
2
2
Jan
Sep
40%
2
July 14
May 19
40 3A Jun
5
8
4
7
®
7
"2%
74
Jan 7
Mar 16
Jan
Jan
Jan
July
64
2
20
2
9
7
2
7
22%
8%
55%
110 A
59% Oct
Feb
1
15% May
Nov
May
6a/4
24
29% May 29
2
2
Jan
Jan
Feb
Jan
Jan
Jan
6V4
4>/4 Mar
8
4
May
47% Apr
24% Jan 16
101% Jun 25
25% Jan 25
93
Jan 25
9 A Jan 4
12
Jan 2
34/4 Jan 4
13% Mar 17
.
'38_No par
Co
Apr
Jun
18
23 A Jan
8 /
Aviation
Bendix
37%
*120%
161/4
Beatrlcs
t$5
Works Corp
Cigars
3%
142%
15% Apr
13% Jan
3
1
No par
21
.—No par
50
20
No par
1
Co
Beeeh-Nut Packing Co
114
15V4
,
Iron
Bath
150
33
Oil
*
--50
preferred
Barnsdall
2,200
800
33
103V4
10
No par
*
4,300
173/8
27%
153/4
56 »/4
13,600
5%%
370
18%
27 V,
16%
37%
441%
18
16
37%
181/4
271/4
16 3/8
*55%
56 V,
37%
*43
17%
17
....
17
19
27
16%
16%
*163/4
*108
11%
*11
11%
V,
44%
18
33%
33
113
103 3/s
18%
27%
17%
*27
33 V.
33
103%
*43
5'A
34%
12
5A
30
12%
Jan
8
July 14
-
Jan
8
July
32% Mar 23
2
3% Jan
6
Jan
,.100.
Brothers
*53
22
16% July 14
2
10% Jan
—13
100
100
50
Asphalt Corp
11%
Apr
151
,
it Aroostook
5% preferred
Bangor
J
•
Works v t e
Ohio—;
preferred
4%
700
11
6t
12%
68
®?Han A
50 A Jan 14
52
Jan 9
113
Jan 12
7% Jan 7
2% Jan 21
28% Jan 5
3 % Jan 2
3
50
preferred
5%
8%
8%
pref series A
conv
Corp..
68%
5
«
17%
18
173/4
18
t4%
Jan
Jan
2
6
9
Jan
Feb
119
26 V4
2
Jan
Feb
23% Mar
Apr
45
19
44
18%
106
25
100
Refining
Atlantic
8,100
/
13
preferred
5%
200
56
27%
,67%
5%
69
,
11.1
5%
5%
12%
121%
*11%
1.2%
8%
12%
*
128
'
——1
-—100
Atl G & W I 63 Lines.
1,400
28V4
13%
5%
5%
27%
111%
5%
5%
5%
13,300
12%
111
*11%
57%
58
56
56
*54
*121
128
*121
128
*121
34%
111%
*27
13%
64%
2,100
26%
12%
56%
89%
*54%
13'A
63
30,900
*27
1111/4
56%
preferred
100
Atch Topeka 6c Santa Ffl—-—100
5%
preferred
—
100
Atlantic Coast Line RR
100
26%
12%
62V4
63%
113%
7
24
11% Jun
92
Feb 27
6% Jan 4
72% Jan 11
59
Jan 7
29
Jan 5
100
Jan 4
44% Jan 7
66
Jan 2
26 Ve Jan 13
No par
Co
Apr
15'/a
172
111% Jan 20
10Va Jan 13
1% Jan 5
34
Jan 11
108% Jan 2
110% July 7
8%
20
105
55%
111%
*56%
35V4
Assoc Investment
100
27%
12%
56%
-
26%
111%
111
330
87%
34 Va
87%
341/4
430
55%
26
12%
87
■
62 34
62% .64
.
4,400
.
Nov
May
39% July 14
24
Jan
16 Va Jan
1
100
100
Dec
7%
4
16
it
158
Jan
Nov
12%
26%
1
Jan
Jan
Jan
91
Apr
42% July 14
24%.Jan
.
Jan
Jun
Nov
21% May
% Mar
32% Apr
Feb
Jan
Jan
lOVi
9 Va
7
May
Jail
40%
8% Jun
65
5
100
Dry
.
9
-No par
Goods
167e 1st preferred
77% 2d preferred.^
Associated
26%
55
25%
26%
*104
105
*103%
1041/2
.
Corp
Corp
preferred
1%
—
56
55
25%
*111
*103%
27%
55%
25%
*54
-
.
Constable
Artloom
■
/
38 V2
14%
92
89
.' 34
Arnold
600
90
14'/4
92
90
*38
14V4
14%
14%
91
*88
60%
v
8%
95
14Vo
91
89%
843/4
93/4
105
•100
105
*100
105
*100
105
92
593 '4
■:
8%
*88
14%
1,900
1,100
39 V,
9%
'
123
6
5
5
7
3
Dec
Nov
35% Mar
6
27 »/8 Apr
Jan
Jan
Jan
Jan
46
49
30
6%
4%
May
23
10% Jun 747
42% Jan 11
5
No par
100
No par
—5
2
37
Feb
July
7
Deo
7
120
No par
Oct
56
Oct
8
/
Jan
36'%
Jan
Mar
Oct
3%
4%
145'A July 13
par
35
2
1
2
.
Apr
,
5%
115% Jan
(called)
preferred
Armstrong Cork Co
Dec
Jun
Apr
129% Jan .2,
6% Jan 14
32
Jan 6
20
5
f7%
30
423/4
.25
30
17'A Jan 14
No par
prior preferred
Dec
Jan
Dec
23A
15% Jun
50
of Illinois
Co
k
86 conv
8%
2
6
109'A Jun
No par
12.50
Midl'd
Dec
Jan
1 Vo
May 27
40
91
Jan
5
21% Jan 14
(Del) pf 7% gtd—100
Co
preferred
Armour
4,400
68
7%
12,900
64
♦91
14%
44%
49%
X36%
5
17% May
2
3
2
Jan
Dec
Jan
1%
IOV4
a
2
A
Jan
Nov
Jan
7'% Feb
23
Co Ine
Daniels
100
111 Va
*43%
5
7%
25%
Jun
18%
16'»
May
Nov
A
41/4 May 10
12
100
1
Mining
Copper
W Paper
111%
*67
39
38%
9%
*9
P
111
5%
68
*65
A
*110%
44%
631/4
64
Andes
Nov
3
y% May
7
div preferred
85
10
v
111 %
110%
5%
53/4
62%
:j
110%
*111
110%
110%
9%
38
9%
105
*100
105
*98
110%
11013
.
'
10
*9%
9%
*8%
110%
.
*431/2
44%
*43%
62
67
613/4
70
*66 V
44%
*43 %
115
115
116
*115
118
*115
118
Dec
16%
3 % May
59'A July 14
2
5
2
Glass Corp
1001/4
Jan
16 %
July 14
70
3% Jan
55 'A Jan
4
Jan
St Cable
Anaconda W
May
May 10
26
Oct
Dec
22%' Jan
7% Mar
•A
5
Apr
9
3% Jan
Anaconda Copper Mining
500
28%
•
29'A May 18
53% Jan
preferred
t5 prior conv
92
4
Jan
7%
Dec
10
lfo
No par
-
2
Jun
4»A Jun
31
No par
Lead it Smelt
Amer Zinc
l2,oUd
6%
t»i/4
•51
54%
*51
54%
*52
6%
6%
6%
6%
6%
/ 52%
Preferred
*
14
104% Jun
No
Woolen
25
2
145
Feb
19% Jan
11% Mar
14
preferred—*
1st
$6
American
8,800
,
—100
...10
Elec
Wks 6x
Water
Am
.
300
,
/
8%
12%
27
37 Va
144%
35%
preferred—.———100
5%
18% Feb
29
43'A Jan
Viscose Corp
American
100
8%
73
731/4
-
i 4,500
18
4
23
Foundries Inc
Jan
20%
3% May
6
Jan
Jan
Jan
Jan
Feb
Jan
class B
Amer Type
Dec
15
113/4 May
Jan
127 % Jan
42'A Jan
preferred
-16%
-
6,900
8Va
841/4
8
8V«
820
{
1
84'A
•85
85
8
46%
.
*119%
121
119 Va
88
■
Mar
103
7
2
11
2
5
2
2
20
7
11
4
100
.-23
Common
110
Mar
22
Tobacco
American
i
May
May
69
407/a Jun
No par
Tobacco
Telep & Teleg Co
Amer
16
105
10
24% May 20
100
Sumatra
Am
800
9,500
145%
11%
73/4
73%
♦72
64%
145%
*84
7%
27%
,
65%
145%
8
8 Vo
531/2
6
53%
63%
*110%
29
29
64%
120
86
*50%
6
6
733/4
733/4
74
*72%
*51:
*62%
47 Va
47%
7%
8
63%
11 Va
120
86
88
*85
88
63%
145%
11%
7%
7%
73/4
7% 7
7%
*83
*119%
120
156%
65
65
47
46 Va
*119%
156 Va
63
146 V»
11%
11%
45%
*119
145%
146
f
156%
110%
110%
28%"
7
24% Apr
112 3/4 May
100
Refining
Preferred
700
7
28%
156%
63%
156%
62%
64%
64%
64 Va
,145% 145%
111%
28%
156%
111%
28%
29
156 H,;
62%
-
111%
111%
*28%
156
Co
Stove
American Sugar
1,600
30 Va
*30%
31
31
31 Va
30%
>0%
American Stores
Jan
5
No par
No par
—No par
Steel Foundries
Amer
American
800
•
preferred
6%
2,600
17%
-
Jan
733/4
Jan
18.50
No par
No par
100
23
100
American Snuff
50
8,300
15
15
17%
15
17 Va
26%
26%
27 Va
26%
27%
27 Va
-77:
155
*150
tPreferred
Oct
33
2'/a May
32% Sep
No par
Smelting St Refg
Amer
900
■
43%
*42%
43
*150
431/4
43%
American
176
6
25
Safety Razor
Seating Co
American
Mar
May
55 Va May
4% Apr
preferred-.—....100
conv
Dec
20
25%
18%
Feb
Dec
743/4
159
1
16 %
6Vs
154
10Ve
.54
Jan
Jan
33/4
1
July 10'
30/8 Apr
x26
par
33
1303/4
.'•V
Apr
Feb 23
Jan
4
No par
100
.fAmer Ship Building Co
.
810
157
156
157
156
15>
61%
470
43
32%
14%
61%
1,300
31%
17
155%
1,200
17 Va
*16%
14%
*28
14%
31%
-4% %
56%
•
17
par
par
Rolling Mill-
American
.
f 3,110
*14%
17
111
67%
171/4
32%
14%
.;■■■;
20
18,700
16
-No
No
preferred
preferred
Apr
78'% Jun
No par
Preferred
14%
16 Va
29
'I
172
15%
—100
No
St Light
Rad & Stand San'y
Am
17
14%
155%
28,500
14%
.
16%
155%
16,300
10%
*168
16%
16%
*28
$5
38%
No par
Co
News
Power
$6
10%
10%
172 ;
16%
14%
8,700
14%
150
26% :: 27%
27 Va
27 Va
27%
27
*14%
41%
37%
39
43%
43%
155
*150
150%
41%
;
79,300
17%
158
157
43
43
43
150
43
150
42
3%
6c
preferred
6%
3%.
3%
32
.
No par
Amer
67%
14%
43%
Metals Co Ltd
Mach
American
720
32 »/4
31%
No par
830
121
*120 Va
100
Fdy Co
Mach 6c Metals
Amer
67%
17
32
-31%
31%
31%
31%
24%
32%
par
Amer
67%
14%
16%
900
3,700
15%
68
17
*14%
16%
9%
24%
*168
67%
67%
9%
24 Va
10%
16%
16
16%
9,%
38
-
172
172
175
175
15%
Amer
41'A
10%
180
15%
14,100
3%
39%
10%
15%
*171
'3,200
15 Va
121
50
No
Locomotive
Preferred
106 %
15
32%
111
preferred—
conv
American
12,9U0
105
121
3%
42%
41%
5%
200
)
.
105%
24%
24 Va
32
3%
43%
15 Va
9%
121 y4
32
3%
3%
3%
3%
3%
24%
32
31%
32
6%
;•
14%
No par
.—1
Corp
Invest Co of
American
par
100
preferred
Internat
Amer
•
200
14%
9%
120%
24%
120
120
119%
119%
32
32
23%
24
23%
237/a
23 Va
9%
*6%
i5%
15
9%
'
*117%
15
105 Va
107
•15
15 V
*9%"
15%
15%
105%
•
No
Ice
6%non-cum
'4,400
9
*43
43%
:
107
14%
10
*43
43% '
68
7
6%
*6%
6%
6%
15%
10
147/a
9%
9
9Va
8%
68%
68%
69
*43
43%
15
104%
104 Va
104%
104
;7
7;
•
:
*43
15 Va
15
15
15
104%
-
*6%
6%
43%
f
69
69
*68%
68 'A
68%
68%
Apr
53'A Jan
2
Jan
37% Jan
4% Jan
5% Jan
39% Jan
7% Jan
81 Va Jan
12'A Jan
7% Feb
20'A Jan
116'A Jan
1
Products
Apr
1%
873A Jun
50
preferred
conv
23
Jan 12
Jan 6
Jan 6
46 Vb
7
39
30
2%
35
10
1
6c Leather
American Home
68%
par
Hawaiian SS Co
6%
.
oct
115% July 15
/
Jan
8
Jan
2
Jan
8
Jan 21
1% Jan
2
No par
—No par
No par
American
41
*40
40
40
-.
24%
3%
1
35
3%
40%
*40
24%
*74%
No
Power
For'n
preferred
$7 2d preferred A
$6 preferred
$7
600
*34 Va
76
34%
.
4
3%
40%
'76
77
*76
4
*40
40%
♦39
41<
.
;..i
A
Amer
10,600
7%
84%
No par
1
Export Lines Inc—
American
Nov
.:s;;:\6%
8
July
-
Oct
49
3% Mar
4
45% Jun
80
9%
Apr
120
July 14
181
Jan
.
91% July 15
15%
1%
6%
24%
1
Tiling
Encaustic
European Sees
Amer
600
2,800
Co
8
9V» May
$ per share
5T/a
7
43% July 14
133
Highest
38%
9
9% Apr
97% Jan 27
''
100
20
preferred
Distilling
"i American
1,200
;.——ft)
Crystal Sugar
1st
6%
Ame-
9%
*84
84%
r.
par
conv
American
•
20
2,600
;
,
27
7Va
7%
7
500
3%
*91/4
26%
85
24%
.
7%
•
3%
9%
26%
84
85
25%
301/4
.•
No
Inc
'—100
JVo par
Am Coal Co of Allegh Co N J
25
American Colortype Co
;
10
4,200
16V4
102%
29%
,16
3%
3%
84
85
25
7%
*100%
9%
26%
■
16%
26%
9%.;
9%
7%
7%
3.6%
111/4
11 Va
J.1%
*100%: 102 % ;
29%
30 Vo
30%
3%
26%
•
I.I.1/2
Cable
6t
July
May 10
27% Jan
2
127% Jan
4
3% Jan 20
71 'A Jan
2
173
Jan
9
24'A Jan
6
64'A Feb 15
18% Jan
5
109
Jan 22
96
Feb 4
19% Feb
1
6% Jan 26
14% Jan
2
preferred
tAmerican Chicle
t5%
24%
J
Chain
Am
430
110%
*22
4'A Jan
100
Preferred
30
117
110
24%
•22
11%
3 V2
.•
*9%9%
32%
:
111
:
30
20%
*3%
:v4
3%
9%
26%
3%
9%
27
*26%
*29%
26%
3%
3%
*9%
110
25
16%
30%
*29%
30%
*29%
1,900
23%
*115%
102 V,
100%
23%
23%
15%
-15%
100%
*
1,700
115%
♦100%
15%
11%
78
'
23%
♦11%
100%
*100
100%
78
111 Va
110
♦22
'
12,800
115%
24%
11%
15%
15%
15%
15%
111%
230
391/4
23%
*22
,
18 Va
38%
78 7'
78
78
2,200
91%
180 %
39%
39%
115%
•llVa
28
*11 Va
11%
*11'/a
*100
111%
K *22
4
115
111%
115
23%
♦115
115
115
78
79% •••''
23%
23%
23%
23%
24
115
77%
80 Va
*79 Va
80
*23 Ms
•113%
40%
39
43 Va
11,300
7%
90%
91%
180
180
40%
39
'
140
:
.
18
60
*
1942
8 per share
$ per share
5
4
Jan
47
_
American
4,600
41 Va
135
7%
preferred
50
Bosch Corp
1
Am Brake Shoe & Fdy—„_No par
5%% conv preferred
-100
Amer Cable it Radio Corp
1
American Can
25
t Preferred
—
100
American Car & Fdy
No par
350
3,200
41
*133%
8 V:
91
90 Va
179
179
180
7%
58%
.
.
.1.33
133
8%
90%
90'/a
90
V
*179
42%
41
43%
133
7%
7%
8%
8%
8%
■
43
132
7%
179
42%
43%
43
8%
8%
43 Va
i
8%
Year
Lowest
/
5
8% Jan.
10
6%
Range for Previous
•,
$ per share
Par
Bank Note
American
1,800
8%
58
58
*
Shares
,
17 Va
17%
17%
*57%
:
$ per share
share
17%
57%
134%
90
178%
180%
180'
57%
8%
8
7%
90
90%
*90
57%
42
135
$ per
17%
*133
41%
41%
134
17%
July 10
July 15
;
EXCHANGE
the Week
Range Since January 1
Highest
Lowest^
STOCK
YORK
NEW
for
Sales
Friday
Thursday
share
17%
*57
8%
8 Va
8%
41%
*132'A
$ per
share
17%
17%
*1734
*8'/e
$ per
share
per
July 14
July 18
July 12
July 10
$
HIGH SALE PRICES
Wednesday
AND
Tuesday
Monday
Saturday
38
3
17%
Apr
24%
Jan
Jun
28
8%
Dec
8%
Dec
69'/a Apr
-
July
17
6
66%
Jan
121
July 14
49% May
105
July
121
Jan
t
IP*':.
•.Volume 158
Number 4195
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK
LOW
Monday
Saturday
July 10
HIGH
SALE
Tuesday
S per share
July 14
$ per share
S'
STOCKS
Thursday
Friday
July 16
July 15
i,
$ per share
$ per share
35 %
35%
35%
35%
35%
19 v4
19 %
19%
19 %
19
19'A
18%
19
10 %
10'/2
10%
10%
10%
10%
10%
10%
*18'/4
18%
18%
18%
19
19
19%
19%
*18%
19%
16%
16%
16%
*16%
16%
i6%
i6%
*16'%
17% V
98
*90
98
98
*90
98
;
*
16 VB
*95
98
.17%.
52%
35%
*90
18
*90
Y
19
35%
19
-
•
10%
17%
17%
18%
17%
18%
11%
53%
53%
54%
54%.
54%
54
92
*90
*50
51
*50
93
93
i
93
*50
51
*92
51
95
94
50%
51
28%
28%
1,700
28
28
28%
28%
37%
37%
38
38%
38
37%
37%
5
4%
4%
37
*36%
*4%
37
28%
4%
4%
28%
28%
39
.
.;.v
4%
Bloomlngdale Brothers
tgH
V
51
60
51
28%
28%
28'A
38% V:
36%
36%
*4%
36
36
31%
32
30%
30%
31%
32
>
10%
11
11
11%
10%
11%
10%
11
•
•>
29%
29%
30
30
30%
29%
30%
29%
29%
43%
*43%
44
43%
44
44
44
43'A
*42%
44
*43 %
44
%
A
32
io%
297/a
10%
10%
10%
297/a
29%
*43'A
43%
43%
*43'A
43%
43
*32
.
4%
4%
4%
*35%
IP % Jan
5
19'A July 14
9 % Jan
26
14%
Apr
19%
Jan
Sep
7%
Jan
Jun
14%
Jan
12
Jan
75
Dec
21%
Jan
5
11%
19
Jun
21
8
Apr
Feb
9
58
July
Jan
9
97
14% Jan
2
21 Vt Mar
30
it
5
41 % Jan
13
56 Vi May
6
25
No
par
91% Jan
12
95
20
72
May
No
par
38'/a Jan
2
51
July 15
30%
17'
8
29
July 15
28% July 15
13% May
18% Mar
39
19%
35%
Amt
Class
Bond
Co
Borden
Co
Boston &
500
Bower
A
*
Inc
——1
(The)
Maine
1 v
RR
Jan
22% Jan
2
26% Jan
—5
13
Mar
July 14
<
43
2% Jan
9
16
37
July
9
25
July 12
Xl5
20
7
32
9
Jan
4
20% Jan
par
—No-par
Jan
4
12% Apr
30'A Jun
Jan
22%
Dec
28%
May
15
;
iy«
3
Jan
17'A
Mar
6Vb Apr
Feb
40%
.
Jan
28'A Jan
Deo
95%
Apr
5
No
»
13% May
100
Roller
Bridgeport Brass Co
Briggs Manufacturing
3,600
.
a—15
Corp—
Bearing Co
Brewing Corp. of America
1,000
'
Brass
B
Borg-Warner
12,000
;•
class
Stores
600
:
«
May
Aluminum
5,200
i
32
I
i
Deo
6
17
76
7,900
:
36%
36%
31%
11'A Jun
29
5
50.
28'%
Y
2
Apr
Co
Bon
3,600
-
38
'
6% Jan
18%
Bohn
1,600
':-r
28%
-■:
4
par
Highest
$ per share
5
Boeing Airplane
8,800
53%
95
Jan
38% May
19% Mar
:
1«J42
t per share
Blumenthal & Co preferred——100
17%
95
$ per share
8
16
Year
Lowest
No par
Bliss <Ss Laughlln Inc
V;
$ per share
27% Jan
No
170
98
1
Highest
No par
Mfg Co
600
'
Range Since January
No par
Co
v
33%
38
*30%
Blaw-Knox
'
53
39
-38%
5
Black & Decker
10,800
'
28%
28 Vb
Bigelow-Sanf Carp Inc
16'%
•
Range for Previous
V
Par
19%
17%
29
28
28
-
Lowest
16%
51
28%
28
28%
STOCK
EXCHANGE
*18%
<v
94
X50%
28
28 Va
NEW YORK
1,300
.
10%
WY
v'v.;
■:
19 Va
•
for
Shares
35%
10%
*90
54
92
19
<
18
53%
52%
35%
10%
17%
:v...>
;
35%
v
Sales
the Week
$ per share
*34 %
.35
RECORD
FRICES
Wednesday
July 13
July l'i
$ per share
AND
■j
Jun
Dec
3%
Oct
31'A
Nov
20'A
Sep
•
>
5
7%
Jun
9%
Nov
7
>
15 Vt,
Jan
21%
Nov
Jan
35%
Nov
Apr
43
'
*%
/%
ur
*1 Y
1%
17'A
*1
43
20
1%
17'A
8
106
116%
7%
8'%
9%
18%
18%
22%
'
23
33
18%
Y
*114%
8%
8%
111%
110%
9%
9%
3 l'A
3 l'A
107%
*106%
*14'A
14%
32%
31'A
■106%
14%
5,500
40%
100
19%
3.700
9%
6,900
Bucyrus-Erie
9 %*
*115
'
115%
7%
8%
106%
110%;-
108%
19,000
9%
18%
18%
18%
18%
18%
23
23
22%
22%
*22
22%
34-
34
*34%
34%
9%
9
9%
9
*33
3 l'A
33%
33%
33%
31%
30%
30%
107%
107%
*107'%
108
14'A
14%
14'A
14 'A
14'A
31%'
9'/«
30%
:
•
•
5%
14%
1
9 Vb Jan
2
18'A Jun
8
42
13
Jan
4
6% Jan
7
10'A May
104% Jan
12
No
No
2
8
No
par
19% Jan
10% Apr
4
5%
5%
*36%
38
27
5%
60'%
58
58
*56
38%
38%
38%
*37%
39
10
10%
10%
10%
10%
10%
27%
28
28'A
28%
28%
29
28%
28%
28
28%
4%
4'A
17%
80%
23
22'A
29%
54
22%
29%
80
/.
4'A
4%
18
83
22%
23 Vb
22%
*103% Mar
6%
preferred
30'A
30%
29%
2%
Apr
3 '/a
Dec
47%
Jun
85%
Dec
Sep
Sop
15% Mar
1
5%
5
18% July 16
11%
29'A Apr
5
55
54
6
jr. Apr
31% Jun
5
26%
Nov
2
7
14% May
20%
Dec
108% Jun
7
9% Jan
4
15% Jun
7
6% Jan
0%
Oct
2% Jan
4
6% May
2%
3%
Feb
75
May
42% May
35
l'A
73/4
8%„
7%
8%
7%
18 Vb
17%
18
233A
24%,.
17%
17%
18
18
23%
23%
24
24
*46
36
36
*35
36
10%
11
"10%
'46
8%
9
47
46
*94%
95
*94%
95
94%
95%
29% v
*29%
30
29%
29%
4%
4%
118%
4%
4"%
44%
9
47'%
8%
44%
95%
95%
30
29%
4%
5
ii8%
119
120
121
121%
*121
142
142
144
'"140
143%
51%
39%
51%
39%
5J.%
39
51%
52
j
39%
39%
37
10%
*47..
.'-f
680
820
95%
95%
30
29%
29%
5
120 1
4%
,r.,
610
;
118%
118
142%
143
54
5,500
52%
;
53
%'V
39%
38%
105%
106%
*107'A
108
*105%
126'/a
126%
127
127%
128
116%
116%
800 V
108
126%
14
14
14%
V 14
13%
94
*92%
95
20%
21
3%
3%
3%
3%
107%
107%
107%
15
:• !
15
110
14
?1
20%
3%
107%
*14%
15%
15%
21%
22
*6%
6%
6%
110
*106
21%
6%
110
39%
39%
.40%
6%
6%
6%
6%
6%
53%
54%
53%
54%
55
56
18
18
17%
18
18
*6%
*106
18%
39%
39
41
*23%
24
*23%
24
24
107
*105%
107
107
56%
*17%
24
*105%
6%
:j 107
25%
*104
15%
15%
21
21%
6%
600
6%
6%
107
*106
39%
39
7
57%
57%
59
17%
17%
23%
23%
23%
107
107
30%
31%
28%
30
29%
48%
47%
48%
48 %
106%
106%
110
8
14%
8
*105
8%
106'A
8%
14% '
14%
5%
6
,;v: 5%
6%
6%
*19%
20
19%
197/a
19%
19%
19%
12%
12%
12%
13%
13%
13%
13
14%,;
<
14%
20%
20%
20%
20%
20%
40%
40%
*40%
40%
40%
40%
*52%
53%
53%
53 Va
*14%
15
14%
*16%
17%
*16%
17%
17%
*16%
2%
2%
2%
2%
2%
2%
14%.
19%
7%
Nov
Jan
16%
Nov
5
" 13% Jan
13
29% Jan
23
6% Feb
9
33%
7,200
20%
19%
19%
41
41
41
53 %
53%
14%
*14%
*16%
17'A
2%
*16%
?%
32
*29%
83%
83%
83%
14%
14%
14%
29%
*29%
31
83%
84%
84%
85
14%
14%
14% v' 14%
*102%
104
♦103
104
*46%
48
48
51
6%
7%
7%
*7
38%
*130
37%
37%
*36%
'*106
108
*106
•
51%
7
38%
38%
140
80
73
114
114
11.4%
104
51%
140
*66%
80
*66%
*114
5T
38%
38%
140
*125
104
$
114
37%
108
37%
*130
73
*114%
37%
108
37%
*106
104
*29%
*91%
92
92
91%
*52%
60
42%
'
53
53
60
42%
*52%
38
*91%
92
42%
43%
43%
38%
38
*144
147
111
38%
♦144
111
43%
39'A
147
146%
111%
113%
119'A
62%
62%
63%
39
5%
$3
4%%
*820
*820
7
53
7%
*73
80
*114%
37%
111
22%
22%
22%
*107%
108
*107%
22%
22%
108
108
V
-
140
60
*52%
Chile
50
C.
38
'
44
.39%
'
V
>
-:
'
39%--
*147
149
120
122
'
*52%
63
♦146
i
63%
*820
22%
22%
*108
\' .V-
-22%
149
-
119%
4
-
800
5%
*820
22
<
109
109
26%
27'A
114
17%
27
*11
11%
*11
11%
*10%
27%
*110%
17%
11
17%
114
28
►110%
17%
18%
27
28%
114
*110%
19%
11
11%
11%
11%
11
11%
10%
11%
11
10%
10%
18%
*10%
11 'A
...
26%,;-27%
111
-
11%
10%
>11
.
111
-
18%'
•
••-"
11
:
10%
'
;
?'•
■
23%
23%
23%
24%
24%
...'.24%
22%
22%
22%
24%
24%
24%
see
page
263.
24%'
24
24%
24
•
>
C.
24%
•
5,800
24 Vb
'
3,600
Jan
12
18 % Jun
2
23% Jun
7
Jan
7
7% May 13
113% May 10
Mar 19
41
St.
'
•..
tClass
'
•
19
8
Oct
NOV
9%
Oct
363/4
Jan
5%
Apr
27%
Apr
Apr
107% July 13
89
%
7
17 Vb May 13
2%
Jun
6
08
Apr
Feb
2%
Deo
8%
•;
Nov
'
2%
Sop
Nov
15VsJan
37
Jan
48% Jan
6
11% Jan 12
15% Apr
30
8%
18
10
11%
par
par
Apr
8
12
Aug
17%
41
May
1
33
Apr
;• 39%
Jan
6
54
May 27
47
July
52
Jan
Jan
11%
NOV
Jun
133/4
Feb
Deo
2%
Feb
13% Jan
2
24% Jan
22
4
1% Jan
30
Jun
3% May
•
32% Apr
4
6
5
67% Jan
7
85% July 15
par
10'A Jan
2
15'/a Apr
96% Jan
4
27
Feb
10
2% Jan
13
8'/a Jun
13
39'A July
par
33
100
123
Feb
101'A Jan
:'
•••
**
'.
84
Jan
50
Feb., 6
23
preferred
Deo
7
67%
Apr
107'A
Jun
22
95% May
91% July 14
77% May
53
47
Jun
Nov
Deo
72
Mar
112%
May
1
106% July
39%
125
31%
,
102
NOV
Doo
Deo
84% Mar
Jan
Jan
Jan
150
4
123
—
Jan
.16% Jan 11
•
103% Jan 12
17% Jan
4
7
4
_100
,
'
July 12
Jan
8
July 14
65% Mar
6
2'A Jan
2
3% Jan
2
139
Jan
149
NOV
56% Mar
02
NOV
55%
63%
470
———
Jan
2.50
120
36%
,14'A Jan
2.50
18
Apr
108
-100
Jan
34
3
Jun
25%
100
preferred.
•
Mar
39% July 16
par
Columb Br'd Sys Inc cl A___;
Class B
Oct
28
50
62% Jan 11
100
i
2%
7
44
par
No par
1st preferred
32
25
Deo
Aug
Apr
Apr
88
No
July 15
09
May
142
;
May
32%
No
Cold Fuel St Iron Corp
Colorado it Bouthern
92
48% Mar 30
par
par
July 13
33 'A Jan 12
May 13
No par
!„No
10% Aug
2
38 % Jan
par
No
t$4.23 preferred
Jan
70%
Jan
"■
50
—;
25
Jan
74% Jun
7
'
—50
No
May
9
8
114% July
38'A Jun 30
28% Jan 22
'
20
43%
6
130
4
1
"
•
53
2
67
1
Jan
104
Mar 17
109 'A Jan
par
;
Jan
Jan
8
par
par
2d
18%
100%
7%
No
4 ft
Jun
Apr
31'A July 14
I,
Jan
14%
93
13%
gtd
(The)
4%
i
Deo
32%
Sep
Jan
7'V
*
Collins & Alkman
r
Nov
Jan
July
Deo
Oct
3%
Jun
'
conv
35
Apr
Jun
No par
5 ft
104
Jan
1%
1%
Colgate-Palmolive-Peet
:
July
Oct
Nov
8%
stock
A„_
82
27
9% May 11
_100
Co
3%
4%
6
100
gtd 4%
Apr
Jan
Jan
13% July 14
Ry. Co
•
3%
18
15%
100
-
Nov
Jan
Jun
2%
Jan
2%
110
7% May 12
21% Jun
2
'—No
x
•
23%
Mar
1%
Deo
4
2'A Jan
10% Jan
100
•'
■.
Apr
1% May
11
Deo
4
preferred
■■•"
16
90
Dec
8%
Jan
preerred
•■
97%
75%
Aug
Feb
48% July 16
2
7% Jan
Apr
6%
23 %
100
Louis
77
68
1
May 17
Deo
Deo
Jan
6
5
2% Jan
293%
07%
120%
65% Apr
2
95% Jan
,
8
Apr
Doo
Deo
Apr
-19% Apr
8
33% Jan
par
40
50
Preferred
^
i\
Apr
7% Jun Y 4
42%
Deo
Apr
5
Jan
3
—5
&
7
130 '
82
3% Mar 12
3
25
Equipment
Coca-Cola
860
100
23% Jun
6
107% Mar 15
4
2
Coca-Cola Intern Corp.
510
97% Jan
14
preferred
8pecial
70 •<
7,900
10% '
10% * 10'A
2
July
78
;
110
5
93
16% Jan. 12
1% Jan
2
.
V
—10
Peabody St Co_
50
14% Apr
Jan
£
Cluett
6,100
:
19%
117% July
2
Jan
No
4,200
'
22%
footnotes
•
19%
10%;.. 10%
*10%
22%
For
28%
114
1
2
16
Apr"
No
'
-
6,700
July 16
8'A Jan
No par
Molybdenum
90
128
96'A Feb
25
106'A July 14
4
64%
Deo
No par
Fuel
1
f
40% Jun
7
26
Jan
76% Jan
y
5
Oil—..
Climax
i-
26% Jan
95'A Jan
119
-
3
No
♦Clev & Pitts RR Co 7%
60
190
Apr
25
div
4,400 »'
3,200
% 22%
•
'
109 ' •<'-
<
63 % '
A<__
*
*110%
,
119%
63 % v
C.
5%
40
60
.
43% J 43%f. 39'A'< 39% '
30
98
Clev El Ilium $4.50 pfd
No
Clev Graph Brorixe Co (The)
;
t
*91 %:•:-92
July 16
21
x33
Stores
Clark
.
•108
54
40% Jan
1
City Investing Co
37%
Jan
No par
Corp
it
City
*106
117
No par
Copper Co
Ice
6%%
60
'"J
•
July 13
13
No
2,300
1,900
80
May 10.
144
100
Cab_^
Cotton
38
*70
123
par
No
22% July
2% May
127'A Jan 21
j
1
Co
:
7%
31'A May 29
5% Apr
6
3'A Jan
8
77% Jan 11
—100
cum
80
*114%. 115
'•
.*
60
43%
108%
Nov
No par
preferred
1,180
•140
92
22%
3%
\
50
53
*125
37%
108
*91%
107%
Nov
preferred—100
RR Co__
105
*7
38
*
115
91%
-
Jan
28%
Mfg
v
52%
38
*820
89
Sugar Co
($2.50)
Chickasha
*104%
63%
Apr
Products
Chicago Yellow
Cliilds
105%
52%
123
77
100
& Fib Co
conv
tPr pf
*104%
140
147%
63%
8
——10.0
Chicago Pneumat Tool_
City
38
120%
Apr
No par
preferred
Chrysler
*125
146%
X96
8
100
Chicago Great West RR Co
8,800
'
62%
62%
7
.—100
A
2,500
39'A
Jan
25 'A Jan
1
Pasco Copper
East
14%
43%
X85
Chicago Mall Order Co—
^
;-•
i
38%
13
84%
*106
Apr
8'A Jan
14%
37%
32
5
83'A
38
108
4
24
14%
73
Nov
Jun
9% Apr
.
108
85%
140
115
Feb
4%
46
2
8
14%
7%
29% May
1% Feb'
37%
6
25
5
&
Nor
Jan
4'A Jan
5
No
Cab
Deo
Aug
7%
40
18
Jan
99% Jan
Class
9,200
32
47% July 14
15%
33
.
100
preferred
84
52%
36'A Jan 21
par
1
r-}
29
29
29
*28
Jan
10
Preferred series A
400
.
Deo
3%
100
Chic
17%
2%
2%
27%
7
No par
140
14%
17'A
Apr
31
12
1,000
14%
9%
Mar
11% May
38
32% Jan.
.
12,200
.53%
Y 24% July 14
17% Jan
3,600
13%
?
3,300
19%
5%
*14
3
Jun
11%
100
3,400
5%
53%
53%
15
14% -
19%
40%
53%
*14
5%
7
Chesapeake & Ohio Ry
300
7,700
14%
6
6
20%
*52%
14%
27,300
8
40%
6%
19 7/a
48%
105
7%
19%
13
14%
7
par
Checker
Jan
9 % Apr
Cham Pap
8,200
NOV
l'A
<
19% Apr
prior preferred
6%
Dot
53%
Jun
7
No
150
22%
Apr
%
4
Chain Belt Co
-
300
.
30%
105
8'A
6
800
107
47%
8
3,130
de
Jan
50%
,
8% Jan
10C
Cerro
Cortain-teed
1
15'A Jan
Preferred
5,000
4,900
16%
Mar 27
1 % Mar
Nov
100
Century Ribbon Mills
"-7
18
27%
*105
14%
-
56
10%
5
L—23
Corp
39%
6%
Jan
Apr
6% Mar
No par
Cop
tCent RR of New Jersey
110
46%
8
2
———
Central Violeta
30% July 13
7
Central Aguirre Assoc
Central Foundry Co
1,300
26
108
7%
15
Dao
24
No
Lt
Jan
17
% Jan
preferred
111
95
Jan
22% Jan
Mills
Central
6C\
900*'
21%
46%
26
46%
46
23%
2,300
107%
Feb
21% July
3% Jan
10
52% Jun
Ry
2d preferred
5 %
7,300
3%
3%
*107
110
x39%
6%
21%
20%
3%
107%
15%
*106
21%
3%
107%
7%
Feb
Oct
6'A
9
1
preferred A
Celotex
320
Nov
24%
Pec
par
50
—
3,000
19%
44
Sep
69%
—No
•
190
14%
20%
'
t
c Jan
4%
•Y 2%
16
Celanese Corp of Amer
No par
5 %
series prior preferred
100
7 % prior preferred
100
200
19%
21%
Pacific
Sep
18
Oct
7
par
Cons
Jan
40
July 15
5 Vb Apr
25
18'A July
2
83% Apr
6
25% May 20
5
No
Caterpillar Tractor
360
t
14'A
21%
3%
'107
Hecla
Preferred
3,100
....
14
15%
6%
*6%
*106
117
39
19%
21
20%
20%
38'A
19
21
*106%
*115%
39%
14%
1119
21
2
8
Carriers & General Corp
Case (J I) Co—
310
120
105%
20%
2% Jan
9 % Jan
72
Jan
tCarolina Clinch & Ohio Ry
Carpenter Steel Co
1,000
.
125%
*92%
$3
1.000
4%
*105
"
5
No par
Capital Admin class A
'
52
117
Zinc
*
*125
117
29
Zinc-Lead
Cannon
2,000
105% *
117
2
tGanada Southern Ry Co
500
9
46
125%
117
20% Jan
preferred
Canadian
27,900
48%.
9
45%
*105
117%
30
Campbell W & C Fdy
Canada Dry Ginger Ale
15,600
0:
,*125
*117
10% July 15
preferred
Calumet &
1.900 •'
*142%. 143% '
52%
t5%
Callahan
i
17,000
1
95%
<
5
121%
142
i'.:
•
24
8% •:
46
95%
30
8
17%
10%
A
47
8%
44%
142%
*142
46
9 Vb
44%
*44%
:
'
37
10% tY
48
7%
23%
35
44%
6
California Packing
■>
5,800
17%
103A
8%
i
8%
35
44%
•
'■
10%
9
44%
6
Byron Jackson Co
270
i% >:- i%
103/s
*44%
5
24%
2,800
*
6
Participating preferred———100
4,900
55
Jan
5% Jan
■•
l'A
36
10%
30%
*54
l'A
41
21% Jan
Copper &
Byers Co (A M)
390
22%
100
:
4
3
4
7% preferred__100
Butte
4,100
2,300
29%
54
1%
17%
'
•.
17%
81%'»
Oct
20
■<
10
conv
7%
No par
•
Bush Term Bldg
5 %
Jan
24% Jan
20'A Jan
Butler Bros
1,900
22%
30
543/4
22
*4%
23'A
1%
18
29%
20
Jan
112%
-
105'A Apr
Terminal
280
Oct
8%
1
Bush
8,600
-
Dec
1
Burroughs Add Mach
•
4%
17%
*80
22%
54
8
*34%
4%
17%
82
:•
30%
22%
46
>
1%
17%
46
43/8
17%
X82
54
22%
35
4'A
18
80%
29%
1 %
7%
10%
4%
*
.
177/a
81
54
1%
7%
17%
•
29%
*52%
1%
y, *8%
60
'
4
17%
35
*56
Jan
14%
100
2,600
60
38%
Nov
35
n
16% May
19% May
preferred
8,700
5'%
10
80%
Y 10%
5%
38%
17%
7%
53A
10
80
1
5%
37%
r
J.7%
*52%
5%
10
80
*29
5%
36%
4
*22%
*58
5%
9%
36%
27
*3%
62
*58
9%
9%
;
5%
5%
62
10%
6
'
*56
Jan
4
14% Jan
c
l'A
7
116% May 10
6% Jan
1
par
Jan
Apr
Apr
28% July
9% Apr
6
Jan
par
No
5
114% July 15
9% May 10
3
100
%
1
14
76'A Jan
par
Co
Jun
Jan
A Apr
20'A July 10
Burlington Mills Corp
300
1% Mar
-
29% Jan
par
—
Bulova Watch
2,400
:
2
100
Wheel
Forge
Mar
5
Co
6oo
108
14%
Budd
Buffalo
Bullard
f
No par
Mfg
preferred——
2,200
1
No par
No
Co
2,100
-
30%
108
14%
27
29
30
13
Jan
July 14
44% May 21
7
Jan
(E G)
t7%
4,400
18% <:■
18'%
31
106%
107% >
■
44
16
37% Jan
preferred
Budd
•
1,140
i
22%
■
7 %
Jan
5
Brown Shoe Co
10
33
par
—No par
No par
Bruns-Balke-Collender
18%
22%
32%
-
400
19%
"
33
l'/a
17%
8%
107
No
40%
<•
114%
8
Briggs & Sfaratton
Bristol-Myers Co
;
Brooklyn it Queens Tr
Bklyn-Manh Transit
Brooklyn Union Gas
2,700
-
17%
9%
114%
111
*1
v
'
19%
9'A
118%
8%
42
800
800
-
%
22%
18%
22%
116%
110%
9%
9
19%
9%
43%
43
".Iff.
-
17%
*40%
20
9%
43%
43
At#
i
17%
42
20
8%
110
107%
1
17%
*40%
9%
*115
1
17%
20
9%
A
'
1
43%
9
»«
1
43
19%
9%
*114%
-
106%
9
V
*4Q%
20%
9%
118%
7%
43
20
43
'
I
Off
17%
9%
114%
9
-
1%
17%
*40%
20'A
9%
1 Vb
17'A
17'A
*40%
ft
>:
•<
-22% July 14
109
July 16
,
28% July 15
111
Apr 13
19% Juy 14.
14% Mar 19
12% May 12
- 2
Jan
Feb
Jan
Feb
11% Mar
17%
Nov
97% Apr
107%
Deo
10% May
96
May
13% May
% Apr
1
May
Jan
2
12% Apr
15% Jan
15%, Jan
6
2
24% July 14
% July
8% Apr
24% July 14
8%
3
470
Apr
18%
108
Oct
Deo
18%
Jan
4%
Sop
Sep
Sep
5%
5
16%
Deo
16%
Dec
RECORD
NEW YORK STOCK
STOCKS
LOW AND HIGH SALE PRICES
$ per
t per share
71%
67
67
95%
*17y2
*671
96
96
17 3/4
173/4
♦107
97
97
98
98%
*97
19%
19%
19%
19
:
<•42%
43%
43%
43%
14'/8
14 »/4
14%
14%
;\\/;.14%
,15%
%
II
%
%
3,900
Commercial
433/4
9,500
Comm'l Invest Trust
15%
16
15%
15%
56,100
Commercial Solvents
26%
24%
243/8
*9%
: 101/4
*10
IOV4
10
241/4
241/4
231/4
231/4
*1093/4
110
105
105
4%/:
1031/4
103
*41/4
4%
/
12%
36%
10
10
*106
.
4%
4%
4%
43/8
17%
17%
17%
17%.
24%
24%
24%
12%
12%
12 3/a
133/8
3.3%
13%
13%
13%,
102
23%
23%
23%
10
10%
10
,
107
22%
1,200
Container
9%
8,500
1093A
300
8
16% Jan
x9% Jan
45
Jan
3,200
Continental
Insurance
63,200
Continental
Motors
63/a
36
36%
27
6%
6 3/8
6%
61/2
27
63/4
7%
36%
37%
6% '
6%
37
36%
373/8
27%
36%
*26%
27
27
14%
14
14%
14
14%
14
14%
50
49%
50
49%
50
50%
50 %
45%
451/4
46
46
45%
46
46
46%
453A
46%
46
59
593/4
59%
59%
58%
'
*180
181
*179
Z":
5'A
5%
21%
2iJA
215/8
105%
105%
105%
105%
180
5%
2%
3,700
22%
21%
22 3/s
213/8
21%
17,700
105%
105%
105%
105%
610
22%
22%
22%
*22%
2%
106
2 3/a
2%
2%
2%
22%
22 %
♦22%
23
22%
22%
19%
19%
19%
19%
19%
20%
20%
20%
20%
20 3/4
29%
29%
29:
29%
29%
29%
29%
30
29
29%
♦46
46%
46%
46
46
♦46'A
15%
15%
153/4
15%
16
16%
16%
94%
94%
94%
94%
94%
943/4
36%
36
363A
36%
353/4 -353/4
:
:
330'
46%
<*45%
46 Ve
•
16
943/4 i 95
36
*46
16%
16%
16%
1
94%
95
1
560
37%
37 s/a!
15,400
95
37%
95
37
.
38
•
■
80%
80 Va
80%
80%
80%
81 /•
813A
81%
82
81%
813/4
*19%
19%
♦191/a
19%
*19%
19%
195/b
I93/4
19%
193/4
193/4
193/4 \
131/4
13%
13%
13 %
13 3/a
13 y4
13%
13%
133/4
x:-v<13.;-
5,300
12%
*109
V;
105
♦102
*102
105
»Ji02;,
113
113
*109
113
♦109
113
.
80%
:
*102
105
230
114%
>102
105
-
107
V6i/a
713/fl
*104
63/8
713/8
26
26
*104
107
8%-
723/4
72%
6
73
345/8
8%
33%
5%
22
22%
22
33% :
223/8
22%
109
•102
109
*102
105
*95
105
*95
105
25%
25%
25%
253/4
245/a
25%
*18
20
34% / 34%
17
*113
114
17%
171/4
17%
17
'109
105
<
25%
26%
.
6%
*6
18%
18%
17%
17%
17%
18%
18%
18%
18%
18%
19
1,400
41
403A
40%
39%
403/a
6,500
Deere
*351/8
3534
*35%
36
35%
.35%
35%
35%
35%
1,100
♦19%
19%
*18%
19%
19%
193/a
19%
19%
16
16
16%
3.5 %
16
9
9%
15%
153/4
15%
16
153/4
9%
8%
9
8%
9%
*35
V
15%
15%
7,100
8%
8%
17,600
1%
1%
1%
1%
1%
1%
1%
1%
1%
1%
1%
21%
2P/s
21%
21%
21%
21%
22 3/a
213/4
22%
213/4
52
*47%
35
35
34%
343A
32%
32%
32%
32%
323/a
32%
32%
323/8
32 3/8
2,500
40%
*39%
40%
40%
40%
39%
39%
393/4
393/4
14%'
148/a
14%
31%
31
31%
30%
56
32%
40%
*39%
14%
145/s
143/4
143/4
143/4
147/a
*14%
30%
307%
♦30%
305/a
30%
30%
303/4
*95%
98
*951/4
*15%
153/4
15%
*95%
100
*15%
15%
15%
44%
44
31%
443/4
443/4
44%
45
31%
32
31%
31%
31%
203/4
20%
20%
20%
21
31%
21%
661/4
661/4
653/4
66%
65%
66%
147 5/8
333/4
147%
8 1/4
8%
81/4
*12%
*116
157%
128
*120
1201/4
423/4
*7%
Dixie
31%
31
31%
31
*116
1583/4
127
127%
42
8
8
8
164%
165%
180
44%
17%
17%
38 5/8
38 5/a
11%
12
165%
165
•
180
V
42%
♦178%
42
165
/
45
443A
45
♦17%
17%
17%
17%
*17%
38%
383A
38 3A
38%
11%
12
11%
11%
44%
■
4%
4%
4%
4
5 3/8
45
42%
2,700
Rolling Mills
Eastman Kodak (N J)
42
*40%
41%
31%
*30
31% '
*31
*56
58
*56%
58
118
>1153/4
118
*115%
118
7-
84
91%
91%
*3/4
41%
,
42
31%
*41%
For
footnotes
1153/4
82
80%
81%
83%
92
90%
90%
89
89
*89
page
263.
n
6%
7%
81%
81%
83
89
300
!
170
83%
91
*83
92
115%
83%
81
83
115
1,500
r
813/4
6%
83%
see
900
41%
303A
58
7
u
*11
r
10
Jan
11
Jan
12
43
15,800
&
Mus Ind
4%
Electric Power & Light
$7 preferred
v
"
$6
Elec
preferred——
Storage Battery
El Paso
Natural Gas
Endicott Johnson Corp
5%
preferred
Engineers
420
t$5 preferred
t$5% preferred
80
'
400
t$6 preferred
Equitable Office Bldg
Dec
Nov
5
36% July
2
20% May 19
9%
Apr
13%
2
173/4 May
7
Jan
11%
Oct
2
10 3/4 May 10
2% May
4%
Jan
J an
5
12
%
Mar
3% Mar
22 3/a
Jan
6
37
j 33
83% Jan
.10
Jan
Jan
31%
3%
146%
178
.
v :
Jan
Jan
Jan
Jan
35
Jan
11% Feb
30 '/a Jan
10 Ve Jan
1% Jan
1%
31%
28%
33%
Jan
8
13
2
20
18
19
8
4
2
4 /
5
Jan 20
Jan; 20
Jan 2 '
23% Jan
49% Jan.
7
5
<
1.
Apr
Oct
>18%
Jan
21
Jan
Apr
v
Oct
Jan
14
18
17
37%
Jan
39% Aug
23% Apr
9%
16% Mar
22%
Deo
70
87
Nor
Jan
9»/4
Feb
Dec
1614 July 15
7% July
45
July 12
32% May
29
Dec
33
May 20
16%
Apr
26
Deo
23% Apr
8
8
Apr
16 3/4
Dec
73% May
,
4
81
May
703/4
Oct
May 28
93
Apr
153
35% Jun
1
116% Mar
121
2 34
163/4
Jam
9
112
Feb
5% May 10
6% May 20
July 6
July 6
July 13
July 8
116 % Apr 29
7% May 10
83 A July 12
84 July 9
92 July 12
l%Mar 1
Dec
7
Apr
8
44% July 8
8% May 28
170
May 19
184 Jun 8
45 A July 15
18 % May 10
39 % July ; 2
14
Mar 30
70 A
66
42
31%
134% Deo
13% Mar
8
9a/4 July 16
137/b Apr
4
7
4
5
8
Sep
14%
37
6% Aug
109% Jan 11
23% Jan
54
Janr
57% Jan
62% Jan
' . % Jan
1%
96% July 15
20
12
Jan
May 10
31% July 14
2
5
8
17.
18
130% Jan
30
40% May 13
.
13
Jan
% Mar
A
1
35% July IS
7
20
5
July 14
48% Apr
1
173/4 Jan
.
100
par
par
par
par
Nov
16% Jan
1
No
No
No
No
Deo
30%
Jan
40
No par
No uaf
No par
3
50
-
37%
Jan
•
5
Public Service
10%
Apr
3% Jan
—2
—8
—3
No par
Apr
25% May
July
8 3/4 Jan
—100
4
Am shares
Jan
12
—No par
(The)
110
29:
1
8
Bros Stores Inc..a
Edison
15%
18%
193/e July
26
100
preferred
530
<
89
%
Mar
15% Jan 20
Eaton Manufacturing Co
4,100
30%
i
8,400
.3,000
•
1153/4
.
t.
70
65
41
41%;
700
5% v
68 3/4
64
•
...
573/4
83
-12
4%
31%
813/4
11
4
5%
2,900
17%
57%
82%
3/4
;
45
303A
83%
3/4
•/x./
v
*563A
iis
7%
.7
V
53A
64
44
683/4
63 s/a
-
♦563A «ss-
*1153/4
7%
5%
68%
'
7%
11
oum
Elec
6%
%
6%
50
1,600
82%
82
1,800
'
4%
823/4
7%
179
102
56
1st pfd
Boat
31
31%
57
7
166
178%
Electric
40%
*115%
166
166
179%
Jun
22 3/s Feb
Eastern
5,400
40%
42
8
<
116
38% Feb.
Eastern Airlines Inc
3,400
8,
Oct
Nov
5
DuQuesne Light 6%
41%
17»4
Jun
(E I) & Co
preferred
Dec
4
9% Apr
12%
13
preferred
$4.50
3
Jan
3
117% Jan
140
8%
May 24
Mar
26
120%
42
7
19
159% July 15
8%
Du P do Nem
500
11% •113/a c
:
Oct
129% Jun
120
53A
Oct
8
5,900
115/a
64
Jan
Nov
5
121
69
Jan
II
24
1
J
11%
55/8
«
Oct
9 V,
25%
a
Jun
98
Jan
127
113A
64
5% May
18.
•1
Jun
158
127
11%
68%
Nov
20%
Jun
134
122%
157
130
Auto-Lite
53/4
Oct
32%
,
Jun
12
Jan
125% Jan
*116
3.59'A
Electric
66
Dec
2
Jan
115
122%
2,600
69%
Sep
100 /
Jan
12%
20
No par
Duplan Corp
38% i-
68 3A
19%
Feb
80
No par
100
600
38%
643A
Mar
44
5
38%
5 3/a
Deo
13%* Jan
May
6
4
38%
65 %
95%
13% May
29
Jan
39
69 3/a
133/4 Jan
10
Feb
July
Jan
*173/8
5%
Jun
II
8
5%
17%
64 3/4
140
8 »/4
Mar 29
9
International
453/8
69%
Jan
Jun
■
74% Jan
May 10
16
Dunhill
44-%
5 5/a
9
88
13
No par
1
Dresser Mfg Co—
9,900
9%
17%
65%
Jun
Jun
90
No par
173/4
68%
•
8
10
Dow Chemical Co
45%
5%
••
8%
May 21
No par
4,200
4%
Nov
Jun
May 10
Douglas Aircraft
1,100
*4
Nov
84
Jun
3,700
x
4%
4
Jan
39%
63
Aug
No par
38%
V
12% Sep
88%
Apr
May
.233/4 May
8
No par
Mines Ltd
93/4
179%
65%
57
Dome
333A
*165
Jan
10
7
Jun
Dee
Nov
41
-
77
Jun
Apr
9%
20%
•
Mar
-
Jun
100
Casting Co
144%
179%
68 5/8
♦31
65
Doehler Die
33
166
*178%
5% May
14% May
32
19
No par
144
8
37 9%
24%
100
95
26%
16% Deo
9
No par
A
93/8
41%
Nov
5
pref with warrants
Co
Cup
Class
157
8%
Dec
98%
8
33%
120%
14%
Jun
.
213/s Jan
A.3.3.6
'
Apr
85
Jan 2
Jan 2
Feb 26
No par
12%
42%
8%
179
121
Nov
10 %
81% May 10
2
Jan
Nov
%
12% Jan
26Vi
2
2
Jan
Jan.
Oct
3%
5
Apr
May 29
20'%
Corp-Seagr's Ltd
144%
*127
11
May 22
Dec
179
Apr
2% May
May 17
105
7%
6
*12
.
159
Dec
/ 88
42% Apr
Mar 12
20
12%
130
*120%
43
159
643A
12%
Jan
37%
23%
23%
Jan
'
12%
122%
158%
*127
*120% 121
*73/4
7%
*116
122%
157
Xl2V8
61%
Apr
48
.
2
25
preferred
83/4
83/4
Jan
Mar
2%
8% Jan
partic
333/4
333A
12%
65%
12,800
22 3/8
22%
144
145%
8%
22 %
1,800
31
.
65
65%
96
96
96%
21%
333A
42%
43
180
443A
*3%
5%
800
1,020
145%
156%
120
120
1653A
165
*178%
400
153A
44%
8 3/8
128%
156%
*127
*127
12%
13
Distil
44%
147%
122%
*116
122%
157
85/a
4,700
31%
-15%
22
Nov
12%
22% July 14
2
6%
16%
213/4
Dec
21%
Apr
Jan
Co.
&
Diamond T Motor Car Co
44%
'
13
♦12%
33
8%
700
14% ;
•
16
34%
146%
147%
333/4
33
600
343A
34%
44
65
.
,
16%
96%
27%
Apr
Jan
—
44%
97%
♦95
100
15%
44%
«
Apt
8%
Jan
108% Jan 20
——1
—..No par
Preferred i
20
Delsel-Wemmer-Gllbert
10
Delaware & Hudson
100
Delaware Lack <& Western
50
IDenv & R Q West 6% pfd
100
Detroit Edison
—20
Detroit Hillsdale & S W RR Co__100
Devoe it Raynolds A
No par
Diamond Match
No par
1,300
14%
323/a
40%
56
*47
*47
35%
32 3/8
56
12,900
35 %
34%
351/4
3,800
1%
22
35
*45
56
*47 ;
56
35
300
193/a
*19
8% W. 9 v-:C-
211/4
'
10
114
*113
114
*113
113%
17
60%
8 34
12
100
pfd
Dayton Pow & Lt 4 %#
Decca Records Inc—
40
113%
4% Nov
17
25
1
(The)
Corp
18 3%
*19%
*33
Chemical
40%
114%
*2% Deo
106%
8
33/4 Jan
8
Davega Stores Corp
Conv
5%
preferred
Davison
18 3/a
35%
19%
147 5/8
100
2,500
17 V*
17
40%
35%
:
200
6%
20
*18%
18%
>113
Apr
84
Feb 10
15% Jan 4
No par
No par
Cutler-Hammer Inc
4iya
114
100
pfd
preferied
40%
18%
41
*45
4,000
Sep
[
63A
185/a
$8
25%
6%
*6
—
.
Cushman's Sons Inc 7%
•
*95
.
preferred—^—/-i-No. par.
1
1
Curtiss-Wrlght
Class A
*18%
*113
181/4
40%
9
4,800
22%
22
105
17
17%
v
*102
109
26
65,000
Prior
2,700
8%
•-8
No par
——No par
Preferred—
Jun
26% Deo
23/4 Ma>
4
Jan
Jan
Apr
5%
Jan/8
18
100
1%
30%
*17 "
6"%
22
96
100
preferred
Curtis Pub Co (The)
80
22%
22%
♦95
*17
20
•18
20
-
28,800
8%
*102
253/4
63A
73%
343/a
8%
22%
6%
•
34%
:
105
*95
6 3/a
*6
63/a
6%
*6%
10% Jan
Cudahy Packing Co—..———.30
Cuneo Press Inc
5
4%%
*71%
6%
v'/
*18
100
.
preferred
preferred
,
107
*104
73
109
•101
109
*95
34
L
73
8%
8
8%
8
♦101
253/4
5%
6%
72%
343/a
8
23%
'26
*25%
26
107
2,900
20%
19%
:
20
*25%
*104
*71%
6%
6%
723%
34%
343/4
.8%
26
107
*104
19%
19%
19%
19%
19%
A *25%
conv
.
'
V
'
*34%
23
:
26
107
6%
6%
*251/2
26
.'
19%
193/s
19%
19%
*25%
104 Z
-100
100
100
t7% preferred
100
5 y»% conv preferred—-—.—100
5%
Cuba RR 6%
Cuban-American Sugar
•
:
„
No par
Crucible Steel of Amer
30
>113
105
*102
105
.
Dec
103%
21%
4
9
Jan 15
22% May 7
J 8 % Jan 12i 30 % Jun . 2
37% Jan 646% July 3
11% Jan. 4
16% July 14
81% Jan 2
95% July 1
32
Jan 11
38 July 15
71% Jan 7
82
Apr 6
9% Jan 7
21% Jun 11
7% Jan 9
14% Jun 11
105
Feb
1
113
July 14
92% Mar 20
106% Jup.10
-
,
.
9,800
114%
•113
113
Crosley Corp (The)—
No par
Crown Cork & Seal—Na paf
$2.25 conv preferred—
No par
Crown Zellerbach Corp
—5
t$5 conv preferred.
No par
1,500
1
13%
5
4
16% Jan
5
Apr
303/4
2
Corp (The)—
Apr
77
28
6,
95
Jan
May
2%
Jun
Nov
96% Jan
163/4 Oct
113/4 July
•
14% Jan
100
—2
preferred
82
Apr
5
15
50% July 15
Apr
7
47
61% May 21
Mar
3
180
25
Co
conv
Jan
Apr
8
49
7% May 6
37'% July 15
27% July, 2
2
2
Cream of Wheat
3,200
29% t
29%
36%
15%
2% Jan
^ Jan
5%
3,900
•21%
20%
S
;.
;
Jan
Jan
Inc-_—1
Internat Corp.
1
Crane
900
23
46%
46%
♦153/8
'
tPreferred
Coty
Coty
4,200
.
50
20
25
100
Refining
Products
Corn
Jun 24
Jan
6
2
7
6
37
Jan
2
53% Jan 20
176
Jan
2
*_5
series—,
fCorn Exch Bank Trust Co
20 3
f
5%
■
tConv pref 5%
6,100
105%
•
223/4
,
180%
*179%
5%
5%
•
710
i
58 3A
21%
21%
21%
1053/4
180
53/4
46%
.
Del
Copperweld Steel Co
390
105%
23/s
2%
2%
213/B
58%
180
5%
:/
53/4
5%
5%
180
181
*180
181
•
2%
2%
2%
,
5%
60%
59%
60%
57%
60
2,800
of
Continental Steel Corp—-
300
13%
*50
Oil
Continental
14,100
51%
133/4
14
50
-
,
27% V
*26%
141/4
•'
25% Jan
3,100
48 3/8
501/4
.
5
No par
15
50
'
8
14 S/8
48%
27
8% Jan
9
4'/a Jan
3.43/8
48%
363/a
Oct
43/8
1
14%
473/4
6%
Jan
3
33/4 July
„-$2.50
14%
351/4
9
12% July 14
7
2
7
48%
*26%
Apr
27% Mar 30
26% Jan
7
Jan
40% Jan
14%
6%
3/4 Nov
Jun
16% May 10
Jun 15
47%
263/4
Jan
94
12
110
143/4
35%
•/
16
Jan
5
47%
35%
16% Nov
.
1% Jan
Jan
Continental Call Inc.
5,000
%
Jan
734
Sep
7
1
July
,973/8 Feb
21% Mar 29
14
96
—100
—
—
14%
35%;
*14
>
preferred
No par
47
35%
35%
Apr
Apr
89
Apr
.
4
6
7
25
Corp of America
15%
35
35
35%
35%
11%
78
Jun 30
July 14
Jun
7
Jun
2
47
35
Dec
Feb
83
5
33%
89
16
x4%
No par
Continental Bak Co
8 %
Deo
36%
103
23%
11 %
tConsumers Pow $4.50 pfd
330
Jan
12%
7
25
50
102%
.
5
Jan
3%
.
„
4% Jan
100
14%
34%
•
6%
.
pfd
47
263/4
/
6%
preferred
$2,50
500
37%
RR
Cuba
Consolidation Coal Co
44% Jan
18%
23% Jun 23
of
Consol
Oct
Jan
.
.23%
2% Feb 10
Preferred
5,000
3,300
,
1J
Apr
9 3% Aug
74% Aug
3% May 12
Jun
Dec
10%
Jun
19% May 12
16
Dec
Nov
34
Apr
% Jan 11
—1
29%
105%
1%
7% Jan 11
-5
/ Oct
12%
1
Laundries Corp.—..
35
17%
No par
.
15
'
•
35V8
*
5
47%
15
47
:
91% Jan
5
——20
Continental Diamond Fibre
-5
35
343/4
;
4% Jan
15% Jan
2
par
No par
223/4
.
10%
107
107
*1057/a
106
106
107%
6
93/4
23
9%
Jan
102%
103
10%
90
*106%
102
'23
103
102
23%
,
5
$2 partic preferred
4,300
3.2%
373A
Jan
Consol Film industries—:
,
7,600
24%
373A
89
Consolidated Vultee Aircraft
123A
37%
100
No
Deo
11% Oct
,
26% July 14
11
Jun 12
2
Consol
18%
*37
10% Jan
—
5% Jan
Jan
8434
Mar
Jan
45%
6'% Apr 7
24% July 15
104% July 14
—No par
preferred
51
54
;
25
Jun 5
24% July 3
110% July 16
106, Jun 16
27/a Jan 13
7'
3,400
4%
243/4
37%
37
101.3/4
233/a
102
17
2,
2
17% Jan
$5 preferred
900 i
3
163/4
3
13 3/a
13%
10
1,800
2%
17%
12
12%
23%
V.
*2%
17%
21% Jan
—No par
Consol Coppermines Corp
Consol Edison of N Y
2,900
2%
2
6% %• prior preferred———100
;
36,200
24%
12
102
,
r
17%
18
23%
24%
104
2
No par
7%
20,500
5%
:
104%
*233/4
'
17%
;
25%
11%
36%
5%
•
24%
104%
4%
17%
4%
17%
12 Va
233/4
)-* O CO
27/s
*16%
■■
<
9% Jan
par
Sep
Sep
Jan
July 9 .24
16% Jan
Jun
7
91% Apr
107
July 1
■"
20% Jan
44% Jun
1
7% May
16
July 14
A Jun
1% May 10
21% July
68% July 10
15
& Jan
36% Jan
Consolidated Cigar
230 ;
5%
5%
:
29% Jan
2% Nov
Sep ;«
29
41
' 44
104% Jan 19
—No par
Congoleum-Nairn Inc
320
•
No
■/.
1
30%
98% July 15
19% July 14
7
Jan
30% Jan 11
25% Jan 14/
,.No par
Conde Nast Pub Inc
900
23
109II
9
Edison Co—.23
Commonwealth
22,600
2,000
17%
3
25
*35%
.
103%
103%
-
11%
109
10
24%
104"3A
18%
361/a
101%
*106
233A
103%
25%
12%
*231/4
23%
24%
12
*101
23%
175/B
18
*351/2
5%
i
1
■
100
preferred
conv
$6 preferred series-.
8,200
900
*104% 105
1043/4
5%
X',
4%
247/a
121/8
104%
5%
*11%
18
243/4
*11%
105%
V
par
Commonwealth & Southern—No par
57,700
%
67
66
24%
109IS
5%
173/8
4%
23
110
105%
*2%
*163/4
171/2
43/8
17
23
110
9?
109% 109%
3
3
3
3
OQ
Si/a
233/a
23%
103
103%
23%
10%
24%
22%
■
5
47/a
231/a
24
24"%
22%
23%
1093/4 1093/4
105% 1053/4
4%%
26%;
10%'
68%
26%
10%
24%
26%
24
%
68%
:
41%,
110
II
18
67%
26%
41%
par
Highest
$ per share
$ per share
2
•/./'•/C
1942
Lowest
73% July 16
70 % July 16
37
Jan
2
79% Jan 13
preferred——No par
Credit——..u—10
43
26%
10%
26%
conv
2
No
433/8
■
67
68%
26
$2.75
100
Year
/
$ per share
2
40% Jan
No
Pictures
43%
10%
663/4
67
26 Va
Columbia
Range for Previous
•
5% Jun
1% Jan
,—100
100
j
Co
16
•
663/4
685/a
'
600
41%
Carbon
Columbian
$ per share
No par
preferred series A
preferred
5%
2,400
19
*107
110
%
26
6%
43 3/a
153/a
11
Columbia Gas & Elec
2,700 ,
160,
;
98% V
*40
>
41%
41%
*107
110
*107
433/4
40
40
41%
4iya
41%,
110
*107
41
*40
41
41%
.
18%
18%
v
Par
25,100
;
70%
97
*39
41%
4%
73%/
70
69
43 %
68
69
/
;
,
Range Since January 1
Lowest
./
Highest
STOCK
YORK
EXCHANGE
Shares
71%
-
66%
43%
V
72
1/.'
share
4%
43/4
4%
71%
70
18
110
*107
43/4
713/4
71
*96
J-
41
40%
411/4
110
$ per share
$ per share
,4%
43/4
713/8
$ per
69
18
♦39
41
41
July 16
July 15
:
NEW
Sales for
the Week
*67
70
95%
*39
4%
71%
71%
71%
71V2
'"■••'•
4%
July 14:
X
share
$ per
share
4%
4%
4%
Friday
;
'
July 13
July 12
July 10
Thursday
tttdUCJUAjf
jtucsday
Monday
Saturday
Monday, July 19, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
Oct
10% Nov
120
July
102% May
144
Jan
120
127
Nov
118%
Deo
Apr
111% Mar
34
16%
Apr
2%
Jan
4%
Apr
151%
Deo
Mar
180
Nov
May
)
108
170
26
:
11
>
Oct
<
>
Dee
NOV
"
Dec
15
,
36 %
Jan
20%
Jan
U7/.
Dec
13 %
Jan
A
Feb
1%
Nov
%
Jan
1%
Nov
17%
Apr
IS
Apr
29
Jan
19%
Apr
Feb
1%
/
•;
,c.
:
35 y4
Apr
Jan
Nov
26 5A
.
Feb
49%
Dec
112
Oet
3%
40
Apr
July
73
Apr
83
A
Dec
Jan
32%
46
47%
Dec
34%
Apr
39%
107%
30'A
t
1 \
66
Jan
Jan
Jan
Jan
%
oct
Volume
158
Number 4195
;
<
THE COMMERCIAL & FINANCIAL CHRONICLE
,
NEW YORK STOCK
LOW
J per share
J.4%
■
'■
14%
50%
14%
14%
14%
14%
14%
14%
14%
14%
13%
50%
51%
51%
52
51%
*75%
78
*75%
78
8%
8%
8%
8%
13%
13%
13%
25%
25%
25%
*75%
8%
13%
13%
13
25%
26
3%
'
3%
3%
3%
3
JErle RR
19,800
Ctfs
2,900
39%
39
39%
39%
Erie & Pitts
RR
12%
13%
3,900
Evans
25%
25%
2,600
Ex-Cell-0
1,900
3%
/%■:' *2%
3
<25%
25%
25%
26
26
19 Vs
19%
19 Vs
19%
*102%
103
*25 %
103
>
25%
25%
16 %
*15%
103
103
*15%
39%
27 Vs
26%'
27
26%
26%
19%
18%
19%
18%
18%
104%
104%
25%
♦16
'
5%
5%
*5%
*24%'
25
93%
93%
*17%
25
94%
95
95%
18
18
48%
48%
48 74
41%
41%
41Vs
41%
■112%
112%
*111
112%
*37 Vs
•
38 Vs
20
37%
20 Vs
35
35
*25
26
*8%
874
*47%
<:■■•■
!;■
48%
*25%
13 Va
,13'/a
:•■■'•■> *48
13%
48%
48
48
48
17 Vs
17Vs
17 Vs
16%
133%
133 Vs
133 Vs
38%
43
*17%
18
lUVa-v
42%
38
38
*130
48 Vs'-
■
*130
133
*34%
35 Vs
34%
34%
:
25%
26
*25%
26%
12%
13%
9%
87/e
13
49%
*13
20
20
20 >
*19%
19%
19%
10%
11
*11
11%
10%
12
*64
75
75
*64
75
*130
19%
11 Vs
13%
37%
.'
38 Vs
30
*107%
3674
•>
107%
108
37%
2,100
11%
v;
"*64
75
38
37%
37%
30
29%
29%
*107%
108
107%
107%
\
37 Vs
37%
29 Vs
107%
29%
108
3%
1,800
3%
.<<8,700
A-
3,900
-
800
3%
3%
3%
3%
*3%
3%
*3%
3%.
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
13 Vs
13%
*13%
13%
*13%
13%
13%
29%
13%
♦13%
13%
*13%
29%
29%
29%
29%
30
6
30
30
30
.
30%
6
14
6
5%
6
5%
14
6
14
V
14
*13%
14
13%
51%
♦51
51%
'
10 Vs
10%
10%
106
*105%
"
*51
51%
6
5%
5%
15
Stores
No
(The)
10%
477/s
29%
230
5%
6
6,100
14
8%
8%
8%
•
•
8%
8%
8%
10%
y, 143
10%
106
:
*105%
47%
47%
8%
8%
8%
*51
47%
47%
143
♦142
143%
*8%
*'
14
51%
10%
10%
106
*105%
477/s
47%
♦142
10%
106
106
*47%
8%
14
14
600
51%
51%
143%
143
Steel
10%
5,000
8%
x8%
Jan
20% Jan
13
19%
Dec
24'/a
Jan
13
Feb
18
29% Apr
5
16 Va Mar 18
8
Apr
13 Va
3% Jan
4
3
.
par
15
78% Jan
87
Jan
104% Jan
6
par
31% Jan
2
28
29%
Apr
43%
Dec
July 15
13%
Jan
2674
Dec
87 Va
Apr
43
112% July 12
5
2
9'A
16%
Dec
86
May
96%
Jan
10
15
Mar
27%
Deo
11
18
Apr
24%
Feb
5%
Jan
7
36
Jun
19% Jan
8
28
Jun
143%
143%
143%
8%
8%
8%
8%
♦143
143%
,*8%.-
A
210
8%
1,900
vaYa
6%
7%
6%
67/«
6%
67/s
5,000
16%
16%
16%
16%
16%
*15%
16%
95
96%
95%
95%
96
96%
X94%
94%
94 Vs
94%
29%
29%
29%
30
29%
29%
30
30
•29
138
137%
137%
138
138
139
Pr 39 v8
39
.<5 43%
;
'
1%
?
"
1%
♦100%
102%
'
•
134
55%' ; 55%
5%
97%
.
•
6%
1
9% Jan
4
13% July
7
39% Feb
3
51
May
5
27% Mar
10% Jan
7
19% May
4
11
5
8
100
Mar
1%
(The)
Inc
cl A
No
Oct
45
Apr
38%
28
38% July 10
27
2
12
Co
Gar Wood
2Vs Jan
1% Jan
31% Jun
2
9 Va Jan
6
(The)
„_JVo
Industries
par
19% Jan
11
Inc
130%
130%
28 %
7%
23%
23%
23
1%
•56%
21%
22
22
23 Vs
8
8
—-.
23%
114%
*114%
1%
102 a
60
97%
97%
>y
55% A 56
♦130%
t5%%
22%
23 Vs
7% ;r
56 A
29%
5%
22%
1%
23%
23%
111%
112%
1%
1%
Xl4%
15
15
14%
14%
89%
89 Vs
90
89%
22%
23
22%
23
23 Vs
23
•22%
*21 Vs
♦21%
21%
112%
v
112%
21%
112
23%
21%
112
;
*22%
;
t7%
4% Jun
24%
24%
25%
24%
25
24%
8%
8%
8%
8%
9
8%
21%
21%
21%
*47%
48
*47%
■
73%
72 Vs
12%
12%
12%
13
81%
81%
82
82
22
*81
82
*72 Vs
12%
21%
22
22
22 Vs
48
47%
47%
*47%
l'A
1V4
1%
73%
11%
11%
IIV2
82
♦72 %
72%
72%
72 Vs
48
Jan
6% Jun
2
23%:
57%
58
22%
22% Arv
5,200
600
General Motors Corp—:
$5 preferred
72 Vs
12 Vs
*81
21%
*47%
*72
24%
8%
A'
<"
22 Vs
48
Apr
21%
Nov
'
6%
131%
Feb
7
2
56
July 13
30
Jan
44%
Dec
122
Apr
128
13% Aug
1% May
30
2
103% Jan
par
a®
31
1574 Jan
9% Jan
5
2
60
Jan
2
16% Jan
15% Jan
Jan
4
*—1
20
,
100
C
1% Jun
58
15
91
July
July
24 Va Jun
4
July
102
3%
10%
-
July
Jan
Jan
14% Nov
Sep
6%
Jan
109% May
% Jan
Apr
14%
Apr
107%
% Mar
%
Oct
,31%
Not
19%
Jan
101
23
'Mar
9
8 %
May
9
55%
Jun
8
Oct
3%
Apr
10
Jan
Jan
87
10% Mar
14%
4
23% May 29
112
Mar
89% Aug
A Jan
4
July 16
23% Mar
4
108
1
8
25% May 20
28
No par
6
July 16
112% July 15
4
1%
64% Apr,
8% Juri
9
31 Va Jan
26
24% Jun
2
Mar
% Jan
61
109 74 July
8
2 V8 May 10
2
12% Jan
xl04
15
574 May 12
5
Jan
6
Mar
Jun
-
131%' May
13% Jan 25
4% Jan
2
-
116 Vs July
% May
Apr
2% Apr
7
No par
Jan
122
2 % Jan
Corp
Oct
40 Va
July 16
17 Va Jan
preferred
8
30%
Apr
111% Apr
135
preferred—No par
Telephone
118% Mar
Apr
12
No par
Gen Time Instru Corp
21%
x23%
Jan
_i
Corp
1
44 Va July 15
Nov
98
129
100
General Refractories
132
Apr
110
par
!
120
9
No
.
3974 July
Jan 13
94
10c
Realty & Utilities
$6 pref opt dlv series
4
May 17
4
•
Gillette
73%
400
12%
20,000
81
22%
*47%
Feb
16%
32 Va May
145
Apr
1
Railway Signal
preferred
6,100
A
12%
.
90%
par
No
Gen
General
81
-
Nov
par
Gen Public Service
3,000
22
.
66 Va
Jun
10
Feb
79%
Jan
20
13% Mar
11
101%
Nov
Jan
16%
May
Sep
110
Dec
Feb
'
24%
12%
98 % May 19
44 Va Jan
12674 Feb
Equip Corp
General
82
Jan
5
-
No
Printing Ink—
preferred-
1,100
72%
Oct
9%
No
A
Dec
6%
Sep
Sep
3%
18% May 20
No
Adv
4%
8'A May 19
4
7 83 % Jan 14
TO
Common
2% July
Dec
*/!% Jan
100
-
140
Apr
2
113% Jan 22
;/■
■
No par
preferred
aA
60
2
Jan
7% Jan
71% Jan
No par
ZZ
23 %
500
106
104
2% Jan
par
par\
General Mills
3%
143% May 24
9% Jun
5
134
Mar 1
4% Jan 12
par
No
General Shoe
8%
Nov
preferred series A-No par
Gen Steel Cast $6
9
5%
No
preferred
1,340
24%
Jan
100
Gen Gas & Electric A
1,800
22
3
2
V
111%
9% Jun
34
15
*22%
4
30% Jan
89%
*21%.
Feb
5% Jan
5
Corp__
15
*109
46%
parf
Foods
88%
111%
Sep
No par
Inc
90
22%
:>
Mar
35
No par
6%
Nov
98
2
No
Gen
7%
12
General Electric Co
$6
Apr
Jun
Jun
General
Outdoor
Dec
51
2
Gen
3%
Oct
Feb
53
Feb
106
5
8%
Jan
3%
10%
4
20 Va Jan
conv
21
29
130 Va Jan
t$4.50
61
10% July 14
4
May
Jan
100
60
3,700
6% Jan
Jan
2% July
8% Apr
>
Jan
11
Jan
preferred
Gen Precision
1,200
1%
15
Jun
Sep
2%
Sep
37
General
2,300
51
2%
Jun
-.
16
1
53% Apr
1%
8
26
Jan
par
7%
300
$5
100
4%%
par
4% Jan
2
par
60% Jan
5
Jan
74
May 20
2
13
No
preferred
4
Jan
3
Jan
50
15%
4
82% Mav 10
5
Jan
5 Vs
Nov
61
50
2
Dec
.
x40% Mar
July 15
4
41
par
'
9% May 10
7%
Jan
14% Jan
No par
—No par
(The)
conv
14
No
$6 preferred
Co
28
1474 Jan
Co
Glnibel Brothers
Glidden
25% Jun
5
No
Rubber
&
Safety Razor
conv preferred
4,900
48
Tire
■:'
.
1%
10
4 Va May 17
14% May 26
30% July 13
102
preferred
cum
General Cigar
120
115
1%
'
■"♦80
Nov
5
No
4,100
:
1% '<
*112
23 Va
*21
*109
8%
9
8%
21%
,21%
'112
Jan
97
14% Apr
No par
No
15
Vs
24%
24%
24%
21%
112%
♦112
18
Apr
12
5
4
♦112%
Apr
3
Transportation
3,200
V
22%
14%
89
8
58
22%
,
15%
No par
Class A
4,700
22%
23%
t
1%
*56
15
89%
23%
112% V
400
2,300
109%
*1%
:
22,000
,
5%
22 Vs
•1%
1%
89
Feb
Jan
85%
9% Jai> 11
—50
General Bronze Corp
General Cable Corp
40
31
7%
'■',
1,600
131%
109 Vs
8
■"—.—
■
1%
22%
'
v-V;"
22%
7%
23%
15
Amer
t$6
v:%y
55%
.
♦130%
5%
*109%
60
;98
55%
29%
111%
22 Va
preferred
conv
$6 preferred
170
6,100
135
130%
8
1%
22%
8,200
1%
135
5%
*109%
Nov
May
6
1
Gen Amer Investors
102% if
97%
y
135
28%
5%
*56
31,100
,
115%
1%
♦100%
130%
27
5%
A.
97%
♦134%
55%
131%
27
90%
14%
90 Vs
114%
1%
1%
21%
217/a
'
23%
*56
60
43%
*100%
;:A A:
115
1%
1%
39
43%
1%
1%
1%
*111
115
38%
44 Vs
102 %
5%
22%
T%
1%
58'/s
*56
27<.
'109%
23
♦110%
115
.1%
130%
5%
22%
"
56
*26%
5%
39%
♦100%
•
;
18%
10
5
Gaylord Container Corp
100
43%
114%
Jun
108% July
11
1
20
par
(Robert)
'
114
97%
1,300
139
38%
*134 Vs
55%
*1%
■
97%
.:
44
'
Nov
10%
38
Jan
136
May
Sep
Jun
22
17
Jan
5
64
36% Jan
Jan
Dec
12%
14%
16
1
100
11%
42
Apr
114
34% Apr
10
Co
12
Jun
36% Mar
May
1
12% Jun 11
Feb
50
preferred
9'A
21
5% Jan
28
July 15
140
16% Jan
127
25
preferred
Gamewell
590
■7
29%
39%
43%
1%
♦134
55%
♦109%
♦110%
A,
102%
A 39
1%
7%
7%
*109%
*1%
-i
a
22%
22%
*7%
*101
5%
5%
22%
115-
±■'1%
55%
♦27
27%
27
v;
43%
114 %
97%
134
B
43
130%
A
131%
♦130%
$
102%'
>*96%<
'
39%
;i 38%
l7/s
1%
*100%
97 % •97%
♦134
43%
*112 Va^ 115
115
*112%
•
39 V4
42%
39%
42%
*136
3
9% July 15
50
Feb
39%
Apr
Jan
10
Trailer
Gabriel Co
Gair Co
1,100
*«137% 137%
29%
May
Aug
8% Sep
No par
Nov
16
25% Jan
pfd
105
39 Va Jun
par
No par ;
Dec
22 Va Jun
7
11
10
-
J.4%
Apr
108 Va July 15
15% Jan
5
General Baking
$8 preferred
8%
16%
137
7%
Jun
50% Jun
8
14
97 74 Jan
preferred
conv
Nov
par
Freeport Sulphur Co
5%
74%
6
July 15
No par
Francisco Sugar Co
F'k'n Simon & Co Inc 1%
Fruehauf
Jan
No
:
$7 conv preferred-
prior
Feb
18%
par
Machinery Corp
6%
4%
Apr
'19%
27
Jan
25% Jan
,
Dec
Jun
11%
96
8
1274 Jan
42
6'A Apr
Jan
25% July 14
Jan y 2
2
5,300
8%
7Va
137
Jan
8%
93
3% Jan
Gen
16%
29%
Jan
29%
Jun
Sep
30% Jan
100
7Vs
<96
37%
Jun
6
69%
10
2,100
16%
♦29
Apr
19
104% July 16
100
47
7%
W 95%
27%
7
Corp
106
16%
.
Mar 26
Jan
86
preferred
conv
47
'
•
Not
May 27
19% July 13
Food Fair Stores Inc
Food
100
7%
%
1%
II
No
Co
*105
47%
8%
8%
10%
106
47 Vs
■
8%
10%
*105%
V
16%
-
Oct
Jan
1
No
Foster-Wheeler
100
51'A
13%
*51
Dec
4
28
'
*50
Sep
7%
28%
IliGliillliiiy
'
3%
3%
*29%
t5%
490
-
*3%
*
Follansbee
250
75
National
Florence Stove
10
19%
*11%
*64't.
75
700
133
*19%
*107% 108
107%
'
*130
ll7/a
37%
*29%
2,600
19%
*29%
30
•:
11%
30
37 Vs
38 Va
30
a
*64
133 Vs
V;v..
17%
V,
Apr
42
100
A
series
Florsheim Shoe class A
700
47%
Jan
May
%
6
10
t$4.50 preferred
440
17Vs
19%
,
4,500
/.v
47 Vs
17%
17%
133%
*130
48
*46%
17%
A
8%
49%
50
13
48
17%
*10%
30
preierred
First
8%
3% July
1%
4
1
Flintkote Co
49%
4
20
19
33% Feb
;
$2.50
100
■<:
5
2
:
2,000
9 ■.',<
8
674 Jan
N Y
4,000
500
9% Jun
14% Jun
13
21 % Jan
Corp
38
*19
*64
Enamel
6%
1,000
Mar 26
29% Mar 30
4
Jan
% Jan
par
Phen Fire Ins
Fidel
207/a
49
*47
17%
Ferro
300
5% Jan
24
100
Firestone Tire & Rubber
O
Dec
-—.5
._
preferred
conv
108%
"
17 Vs
t4% %
207/a
26
70
No par
*106%
21
Dec
No
108%
20%
Corp
6,100
•
70
2
Dept Stores—
2.100
*110% <112
77
2
Federated
V
<•
18
3% Jan
No par
A;,
48%
42%
68% Jan
15
s
Federal-Mogul
1,200
48%
B*
Oct
Jan
Federal Motor Truck
150
•
10
44
Federal Min & Smelt Co
3,400
.
Jan
Jun
20
& Traction
$6 preferred
800
■95%
No
Co of Pr Rico
Light
107%
8%
,:
48%
37%
Federal
35%
48%
13Vs
13
*12%
*48
17%
48%
nu
21%
25%
49
17%
•■••
106
*34%
8%
*8%
87/a
94
42%
114
20%
26
48%
18%
48 'V v ."
42%
106
35%
*8'%
96
38
20%
*34%
48%
.<
95%
*112
107
35
*25
*
96
.
Fajardo Sug
5%
Oct
3%
32%
fB y' y -yy:
K
4,200
25
%
4
$2.50
3,900
200
5%
*24%
10
52% May 19
3
<
1,400
Highest
$ per share
Jun
9
5
Fairbanks Morse St Co
27
4"%
12
:
1,400
170
4
Jan
Corp
v
15%
5%
25 %
41%
26
35
16%
5%
25 %
48
7
38 Vs
20%
*106
V
1
112%
37%
>
20%
107
42
"112%
■
*16
*26%
5%
18
4874
41%
37%
20 Vs
*105%
107
*105%
48 Vs
'.;■■
26%
25'A
*95%
18 Vs
18 Vs
18
48 Vs
'•
26%
16%
;
107
5%
25
•
*104
26%
25 %
5%
25
'
94
5%
5%
.25
106
26
16%
16 Vs
16 Vs
39%
♦104
103
25%
25%
39%
18%
S:
39%
26%
26 Vs
19 V8
19 ' i<
39%
Co
8
1942
$ per share
39'/a Jan
par
Cleaner
Products
16% May
16% May
9
share
5
Exchange Buffet Corp
A'.
A
8% Jan
per
50
Co
1,500
Vacuum
$
Lowest
100
8%
39%
39%
No
Year
Highest
$ per share
No par
of benef int
Eureka
Lowest
Par
common
mM:BMBBBi:
39%
/'<•,
5% pref series A
78
8%
13%
26%
26
51%
Range Since January 1
•
j'
4,600
14
51%
,
78
8%
x3
13%
25%
3%
*75%
8%
'
Range for Previous
STOCK
EXCHANGE
Shares
14%
13%
51"%
26
13%
25%
3%'
78
8%
14%
NEW YORK
the Week
S per share
14%
"
Sales for
July 16
"
14%
14%
*13%
*3% '
J per share
share
per
50%
8%
•
<'';•'■■" 14%
$
share
Friday
"
Juiy it>
13%
*75%
78
*8%
14%
per
STOCKS
Thursday
Juijr 1*
50%
14%
50
r:;'
14
1
$
per share
RECORD
PRICES
Wednesday
Tuesday
July ii
$
14%
*75 %
HIGH
AND
Monday
July VA
Saturday
July 10
SALE
257
Nov
Apr
5%
Jan
65'/a
Jan
22% July 16
May
12% Sep
16
Oct
48
37%
44
Feb
Jun
22
Jan
"
'■!
100%
*100%
1%
2%
95%
3
95%
1
2%
*95%
41
41%
42%
41%
101
*100 %
100%
100%
40 Vs
40%
108
8%
8V4
♦90
90
90
91
*90
3
95%
40'/2
107%
8
8%
*8
•
100%
39%
109 Va
95%
101
107%
40
40
*106%
95%
40 %
40
40%
40 Va
O O vU
♦93%
95%
3
3
2%
3
3
*93%
l'/4
1%
1%
*1%
''
40%
108 V4
8%
91
40%
108
1%
<
3
1
1%
*95%
6,200
Gobel
3
2%
97%
2,400
Goebel Brewing Co
Gold & Stock Telegraph Co
30
•41Va
41%
14,100
100%
42%
101
97%
100 Va
1,300
41%
40%
41%
40%
41%
18,000
108%
107 %
107 7/s
107%
107%
1,300
8%
8%
8%
8%
1,500
8%
X88 %
88%
*87%
1%
1%
1%
'•<■
90
8%
:v
1%
1%
174
1%
1%
88%
88%
110
1%
5%
5%
5%
5%
5%
6
57/s
6
16 Va
16%
♦16%
16%
16%
17
16%
17
16%
12%
12 %
12%
12%": 12%
12%
13
■12%
36
36
36
36
36 V
36
*35%
36
36%
*25
26
♦25
26
*25
26
♦12
..
2974
26
*25
17%
17
17%
*17%
30
*17
29%
30%
30%
2574
25%
150%
150%
25%
*150
47%
47%
46%
26
l7/a
7,600
Goodrich Co
47%
Gotham Hosiery
Preferred
Granite City
36%
36%
36%
700
26
*25%
26
'A
100
17%
17%
2,000
317/a
32,000
26 Va
2,000
48%
x48 %
48%
26 Vs
150
*58
48%
26%
26
150%
*148
152
*58
62
62
48% V
48%
370
Grant
5%
w
div
(W T)
Iron
Great
Western Sugar
Green
48%
(H
3,700
Green
19%
19%
19%
19
19 %
19 Va
19%
7,200
12%
12%
12%
13
13
13%
2,300
16%
16%
16 Vs
16%
16'/a
16%
16%
16%
16 Va-
16%
4%
4%
4%
148
*144
9
9
9 Va
39 Vs
V4
39%
39%
4%
145
9%
39%
9
39%
4%
145
9%
40
4%
4%
144
146%
9
9%
40%
40%
4%
145
8%
39
4%
145
9
40%
Xl4%
y
15%
*4
4%
OO
6,800
143%
8%
-8%
39
39
A
2,900
140
1
6,400
V
3,700
5%%
L)
Gulf Mobile
$5
&
26%
*26%
17
26%
*16
*35%
*35 Va
*16
15 Va
*108%
For
*108%
footnotes
see
15%
115
page
*2674
*35%
—
16%
*14%
15%
112
28%
17
*14%
28%
__
17
15%
*108%. 115
263.
27 Vs
♦35%
17
27%
„
18%
*14%
14%
109 %
109%.
28
28
*36
17
14%
*108%
*27%
28%
300
17%
4,200
15%
500
*36
18%
14%
115
*14%
109
Hackensack
7%
17%
.
109
30
Hall
Hamilton Watch Co
6%
preferred
Deo
Nov
R
4
Sep
5
17
July 13
6
Mar
8%
Dec
9
3
13% May 29
6
Apr
9%
Nov
6% Anr
7
36% July
8
22 Va May
23
July
5 Va
Jan
32
Nov.
25
Feb
July
2
Apr
1
13%
Dec
18%
Oct
19%
Jun
25%
Feb
22%
Apr
Apr
2
Jan
59% Mar
27% Jun
2
23% Jan
138
153 % May
11
8
130
27
50
4874 July 16
25
65
3
Jan
31 % Jan
19
14'/a Jan
11
Jan
4
21
4
13% July 16
10 Va Jan
1
May 27
17% May
2
4
10%
10
9 Va
28 Vs
143
July
63%
Apr
33%
Jan
Jan
Nov
Jan
Apr
1474
Dec
Mar
11 Va
Aug
May
14%
Jan
374
Jan
1% May
par
■"
2
Jun
11
81% Jan
19
160% Jun
12
48%
Jan
par
No
2% Jan
100
_No
3% Jan
25% Jan
12
10% May
5
2 Vs
Jun
4%
Oct
Jun
33%
Oct
par.
■■
.
■■■.■
5
41% May 12
2
:y" y
18
86
Sep
.
:
Water
Co
81%
1%
;
18
No
preferred class A
Printing
A SeP
26
10
RR
v
Nov
Jan
No par
preferred
H
Jan
474
3274 May 10
1
Ohio
2% May 10
2
,•
1
preferred
x58
Dec
Dec
7
Co Inc
Grumman Aircraft Corpj
Guantanamo Sugar
1
8%
90
Dec
%
6
preferred_j:
conv
Jan
90
Jan
100
Greyhound Corp (The)—
12%
1%
27
*
15
Bay & West RR__
19 Vs
Jan
2174 Jan
100
12%
Jan
--.V
24% Jan 27
No par
19 Vs
10%
60 Va
Dec
83%
No par
Preferred
12%
41% July 14
8
7% jan
29% Feb
1—20
18%
Jan
108 Va July 14
Feb
Jan
July
Jan
Jan
No par
preferred
12%
13
56
42% July 14
11
IS
Nov
8
10
Ore Prop—
Great Northern
Jun
1% July
73
4% J«n
5
preferred
Gr Nor
-V
Jan
No par
Co
19Vs
146
11
'*
' '
No par
12%
4%
Jun
1
ctfs
19
146
29
,
100
Steel
12%
■
978 Apr
Granby Consol M S & P
Grand Union
2,600
31
26
11
V.
!
h.**''■'
4,900
17%
62
*v4Jan
80
Jan
;
.
3,100
32
150%
9
Motors——I
Graham-Paige
5%
17%
25%
9074 Jan
par
No par
12%
31%
150%
101
76
<
No par
16%
17%
*58
12
83
Jan 14
25 Vs Jan
8
No
5%
32%
25%
247/8 Jan
No par
12%
17%
62
2
%
6
6
No par
(B F)
preferred-!
Goodyear Tire & Rubb
$5 conv preferred
16%
A
31%
150%
47%
26
1% May
3% May
95% July
1
100
5%
13
16%
17%
150%
*58
5% •>'-5%
32
25%
150%
62
*58
62
*58
1%
2
8
2
1
:«;*
■;'' 1%
A Jan
1% Jan
Jan
(Adolf)
25
25
10
No par
100
11
28
July 15
35
Jun
1
12% Jan , 5
9% Jan 18
104'/a Mar 13
38
ADr
22% Feb
13
18% July 14
Feb
19% May
25
29
Apr
35
Dec
8% Mar
13
Aug
4
8
Jun
11 Vs
Nov
109 % July 14
95
Mar
106%
Feb
15% Jun
Monday, July 19, 1943
CHRONICLE
COMMERCIAL & FINANCIAL
THE
258
Range for Previous
STOCKS
LOW
July 12
July 10
$ per
$
share
'
107
*106%
*143%
*100%
—
9
9
9 Ye
'
2%'
*157
*67%
69
165
*
137
16 3/4
16%
16%
17
84%
84%
84%
*84
85
136
136
71
71
20%
20%
223/8
24%
25 3/8
24y2
' 24V2
•,21%
25%
40%
40%
40%
40%
40%
39%
39%
40 Vo
16%
17
16%
16%
16%
16%
16%
17%
xl5%
153A
15%
157/a
21%
40 Vo
40 %
16%
16
15%
55
8
44%
44%
15%
15%
"8%
2
2 Va
15%
*55%
*111%
9%
8%
113
9%
36%
37%
2%
Va
9%
37%
2%
2%
2%
2%
2%
9
9%
9%
9%
26%
27%
26%
11%
11
*8%
9
27 Va
26%
27
11%
9
*8%
557/a
55%
111%
83/4
26%
27
44%
15%
9
"
263/4
11%
.11
v
,
1,800
2%
2%
2,500
Hudson
9
93/a.
:
11%
11%
1%
1%
14%
14%
14%
15%
14%
143/4
14%
14%
15%
14%
14%
14%
*28%
29%
31%
31
29%
30%
31
29
30 %
31%
29%
30
47
47%
47
47%
47
48
48
47
47%
10%
10%
10%
11
10%
11
11
1,610
10%
11
10%
18%
18%
2,600
47
510%
10%
18
18y4
423/4
18%
19
183/4
43
42%
42%
42%
43
43
43
96
96 3/a
96 /
96%
96
96%
96 Va
96 Va
'■
13%
'
8%
37%
115
*7%
8
7%
73
174
173%
*17%
17 3/4
*66
*
66 %
2,100
9%
9%
93/4
93/a
93/4
35,300
1743/4
174
174%
174%
800
174
175%
2%
2%
2%
23/e
2%
2%
\l00
173/4
173/4
18%
18%
183/4
18%
18%
10,200
*64%
65%
100
5%
5%
"
5%
*135%
5%
*64%
65%
6%
5%
6Va
34 Va
33
:
33%
34 Va
136%
140
42,700
13 Vo
13 Va
13%
13%
13 3/8
12%
13 Va
12 5/8
12%
45,900
123/4
603/4
61
621/4
62%
613/4
62 %
61
61%
10,100
59 %
62%
593/s
-
58
11
10%
10%
10 Va
10 3/4
10 3/a
10%
3,300
73
7lm
71 %
70%
70 3/4
70%
70%
41%
40 3/4
41%
40 3/4
40%
39
39
38
37%
38
38
38.%
38
11 Va
10%
71%
*71V4
*403/4
71%
71%
41 %
*40 3/4
37
ny4
70 y4
10 3A
,37
10%
■w
41% '41%
37
*36%
*108
47
115
14%
15
15
15%
15
143/4
14%
15
153/a
15
16
16 Va
*153/4
*106
108%
16%
15
15%
15
16
16%
16%
108%
•
108 %
1083/4
*105
*15%
853/4
30
30
144
m
16
International
100
59,100
15
3,300
16
1,400
40
16%
700
v
1,300
30 3/a
30%
par
par
par
par
Intertype Corp
1
preferred
1
15%
16
15%
16
15
16
1,600
Jarvis (W B)
33%
34
34
34
34
33%
33%
2,000
Jewel Tea Co Inc
86
3,800
preferred
Johns Manville
132
80
111
*1063/4
86
85%
/,
*130
253/a
25
62%
63
63
63
132
76%
76%
763/4
763/4
12
12
113/4
12
*107%
v-
26
112
86
132
>
132
Preferred
25%
26%
25%
26 Va
24,100
64
63%
63%
63%
63%
1,200
Laughlin Steel
pref series A_
pref series B conv
5%
1,700
5%
63%
78
783/4
79%
80%
80
12%
12 %
12%
12%
*12
*77%
80
80
,
800
12
12
12%
—
Jones &
26%
63%
.
85%
86
*130
863/4
132
*130
26
,
63
853/4
86%
25%
25 V2
25
112
*107
111
:
41/4 %
112 "
*107
I
Joy Mfg Co
Oct
39%
8%
Jan
11% Nov
30 %
Apr
44 Va
96
Dec
106
May
Sep
Apr
4%
Oct
29% May
34%
Feb
2%
%
Jan
1% Aug
5 Va
Dec
2
11% July 12
3 Ve
Jan
5%
Nov
2
23/4 May 10
A
Jan
l3/a
Apr
Jan
Jan
7
9
Jan
13
May
6
2%
10 %
/ 42
Jan
4%
Oct
Sep
16%
Feb
Apr
35
Dec
May
100
Jan
July
163%
Dec
Apr
74%
Feb
12%
Jan
21
44% Jun
28
100% Apr
7
74
9
July 14
153
166% Feb
78
8% July
38 Va July
6
5%
18%
Mar 29
9
Oct
Mar 29
5%
July 14
174
23 %
<
Feb
10%
Jan
8
Jan
151%
Jan
Dec
28
40
Apr
61
175% July 14
147
May
166
74% Jun
4 Va May 10
5
67 :■/ July
%
Jan
12 V4
Dec
57
3% May
38
2
July
:
Dec
Va July
.
Mar 25
19
Jan 5
Jan 8
Jan 5
Jan 9
Apr 12
Jan 2
Jan 2
Jan
111%
Apr
5% May
1097/a Mar
6
9% Apr
■1,6% Feb
Apr
100% Aug
115
„
■
54
8
1
15% Apr
Oct
Mar
8% May
July 14
19
Nov
23 V*
May
32 V4
Aug
9%
Jan
13
May 10
Apr
4% Nov
6% May 11
1%
Apr
5
24 Va
Apr
July 14
5
126%
Jan
7%
Dec
15%
43% Mar
36% Apr
138
13% Jun
30%
Oct
Dec
136
Jan
60%
Jan
11
1%
Oct
3%
Nov
71% July 12
30%
Oct
46%
Jan
44
Apr
39 '
Mar
38 %
July 15
26
May
.
48% May 19
115
July 14
26
May
,
04
May
62% July 14
11% Jun
*
5
167/a May 10
1%
2
48 %
Feb
32
Feb
39 Va
v
Oct
104 >/a
:
Oct
7 Va
Jan
Nov
7 Va
Jan
167/a May 10
Nov
29
6%
Jun
10% Nov
Jun 19
88%
Apr
95
Jan
Jun
2
7%
Apr
11
Dec
32% Apr
.3
24%
Apr
32%
145% Jun
10
16% Jun
110
18
16% July
9% Jan 12
Feb 19
Mar 30
Jan 21
Jan 27
Jan 7
54% Jan 7
64% Jan 8
127
5%
8
85
133% Mar 17
122
33%
18% May
9
2
89% Jun
May
50 % May
73%
Apr
5
53%
Apr
6
61
Dec
Jan
64
Dec
Jan
79"% Jan
May
11
Jan
133/4
7% Aug
25
Jan
Nov
24%
17% May
82
Jun
129
Jan
65
12%
Jan
107%
6
267/a Apr
Jan
Nov
10% Nov
Jan
July 14
109
8% Jan 4
138
Apr
July
34
26
96 Ve
70
126
19 Va
1
5%
6
5
■
48
3% Jan 4
37 % Jan 11
39
July 16
28
Jan *4
36
Jan 7
102% Jan 15
6% Jan 7
6% Jan 7
9% Jan 7
90% Jan 14
10% Jan 4
27% Jan 5
135 Jan 5
100
100t
t
;
16% May
7
2
No par
100
No par
100
No par
2
31% May
Jan
—1
Co
15%
<
•
Island Creek Coal—
Va
15
Jan
23%
% Jan
No par
No par
No par
100
No par
Preferred
32%.
15%
32%
27
38% Feb
Apr
11%
55Va
3%
28%
130
8%
45%
50
100
Silver
preferred
—
Intern'l Telep & Teleg
Foreign share ctfs
:
Interstate Dept Stores
1%
$6
144
*140
;
Jan
Jan 21
7
Jan 2
6
Jan 2
144% Jan 20
56% Jan 20
162 Jan 9
No par
No par
International Shoe
108%
16%
Co
.
1,600
Oct
16%
6% Jan 27
21% Jan 28
100
15
100
—No par
100
Salt-
1,200
15 Va
*153/4
*106
30 3/a
144
*140
preferred
International
300
21%
Feb
115
17
106
—100
.
47%
14%
15
'
120
14%
15 3/8
30'/a
30
*140
j 132
132
132
132
17
144
*853/4
86
No
No
No
No
Inter Rys of Cent Am
5%
320
r,
Jan
Dec
110
18
i_l
No par /
100
Paper
Dec
18%
2% Jun
2
32% Feb 19
88
Jan 6
158% Apr 17
62
Jan 5
10 Jan 6
20
.
preferred
conv
7%
Dec
10% Jun
11'/a Jan
No par
38
*108
125
143/4
108 %
*16%
30
*1063/4
112
♦107
108%
17,
*140
*32%
32 3/4
*32%
108V2
*16%
30
14%
16
108%
144
*29%
*140
144
16%
16
17
*16%
16%
16%
*29% >30
*140
-
.
•
*46
16%
y
16
■
•
473/i
47
*108
46
120
15%
14%
15%
14%
48
115
43
*108
120
*108
120
37V4
•43
*41%
44
*41 %
.
5%
Nov
Jan
6
12%
293/a Mar 30
<37
4
100
Corp
tPreferred
International
150
v
Nov
7
8
Hydro-Elec Sys class A
25
& Chem_
—5
4% preferred
—100
Internat'l Mining Corp
——1
Int Nickel of Canada
No par
7,000
.
136 %
34%
34
*135%
138
138
138
*135%
65%
6
,
33%
323/4
33%
138
*65
66
66
5%
Dec
17
Jan
8
18% Jan
Internat Min
.
15
29%
& Mar
14 y4
7
Int
173/4
Jan
12% Mar
U
Oct
Dec
102%
Mar
li Jan
.
tPreferred
1733/4
Dec
48%
% Jan
1
_
-
_
Internat'l Harvester
6,800
75%
134
4 % Jan
Machines
Business
Int
200
,
74%
73%
74%
74
74%'
*173
174
*172
174
Nov
4% Jan
& Sm Ltd-
Interlake Iron
123/4
12 y4
*
8Va
2%
174
173
66 %
32 5/s
136
8 Va
2%
*5%
5%
8'/a
79
21% May 10
253/8 July 13
40% July 2
17Va July 12
17 Apr 8
115% Jun 9
41% Apr 8
45 July 2
16% Jun 4
573/8 Jun 24
114 July 12
9% Jul^:l3
41% Apr 5
6
18
21
6
2
22
31 Jan 5
36'/a Jan 12
. 9% Jan 5
44 Jan 2
105 Mar 10
3% Jan 2
30% Jan 4
14% Jan
16% Jan
283/4 Jan
7 Jan
13 Jan
115 Jun
14%
30% Mar
July 14
1123/V July 14
Oct
Feb
158
22j/4 Jan
preferred
Intercont'l Rubber
173/4
17 %
*66
33
8
73%
5
Co
2%
174
2%
2%
'
73%
73%
73%
72%
173%
8%
174
173
173
'
9
Jan
6%
110
9%
93/a
9%
9
175
*171
Jan
100
Interchemical
1
Jun
71
49
100
100
1,200
,
37%
115
Feb
136
par
No par
No par
No par
—100
c——-23
Inspiration Cons Copper
Insuranshares Ctfs Inc
8
73/4
73/4
'
8%
9
175
'
115
*114
114%
115
Steel
Apr
87
4
par
preferred
Inland
51
125
5
___
1,900
8%
8%
*113%
115
*114
115
37 %
37%
37%
37%
37%
*114
8%
8%
8%
8%
8%
37 %
72%
.
15,000
14%
8%
al36
14
78
14%
37%
5%
13%
77%
14%
*8%
32%
14%
77
133/4
37%
2%
2,300
753/4
8%
8%
78
137/s
37 %'
*171
77%
76
*8%
*7%
77%
77
37 y4
*113
*165
2
Dec
58%
Apr
July 15
Jan
94%
•
Apr
10%
Jan
preferred series A
6%
172
*165
172
800
2,200
;
141%
3
May
130
No
■
172
*165
172
*165
13%
13%
13 %
18%
43
75
75%
75
18 %
19
172
*165
172
*165
710
47%
*46%
96%
96%
par
100
100
Leased lines 4%
100
RR See ctfs series A
1000
Indianapolis P & L Co—
No par
Industrial Rayon
—No par
Ingersoll-Rand
No par
6%
9
8
Central RR Co
Illinois
12,000
Mar
17% July
5
No
Motor Car Corp
tHupp
6,100
•:
2,900
18 %
*42%
S6»/4 «96%
A
43
18 3/a
42%
2
1%
2
2
Jan
Nov
l7/a
Apr
12% Jan
Motor Car
Hudson
19,200
11 Va
.
1%
1%
167
& Manhattan
Hud Bay Mln
5,200
27
10%
2
Apr
May
5
preferred
5%
500
1%
1%
79 %
71
Howe Sound Co
11 V8
-
Jun
109% July 10
6
100
Houdaille-Hershey cl A
36%
1%
2
%
20
563/4 Jan
73
-
_
Class B——.
Household Finance—
t5% preferred
Houston Oil of Texas v t
10%
.
33/8 May 10
93 Va Jan
45
Dec
May
8%
5% May
10% May 28
Jan
88
Jan
25
No
preferred-
36%
.',37;/, 37%
27
11 Ve
,:■•;/
.
80
15
Jun
25
Hinde & Dauch Paper Co.—
10
Hires Co (C E) The
1
Holland Furnace (Del)
10
Hollander & Sons (A)
—5
Holly Sugar Corp
No par
7% preferred
100
Homestake Mining———-—12.50
23,100
400
4,000
'
500
•
170
61,300
102
9
7
152
Motors
conv
2
Jan
4%
3% Mar '
2
cum
$4
100
100
7,700
800
4,000
*
800
*19%
20%
24 Va 24]/4
39%
39'A
163/4
163/4
15%/' 153/4
*115%: 122
39%
39%
44%
44%
15%
16
*55%
56Va
*111% 113'
8%
9%
36%
36
36
9%
*44%
55%
113
113
83A
8
2%
44%
16
111%
55%
553/4
55
114
36 y2
2 Va
39%
15%
15%
,v
•
38%
*44%
,15%
*54
*35%
26%
36 3/8
113
113
8%
122
*115%
0
39%
38%
44%
*43%
55
■•■
*111
38%
36 %
36
36%
44%
15%
122
*115
122
*115
122
.1
16
*153/4
15%
153/4
*118
122
35%
20%
115
22%
21%
*43%
*19%
*19%
*19%
*118
*1123/4
600
u
115
*112
112% 112%
m
v
Jan
Jan
16%
146
Apr
Jan
.
preferred
Hershcy Chocolate—
6%
7% May 29
86
Hercules Powder
10
5
Apr
xl26
1V» Jan
—
W)
(G
Hercules
800
a
136
71%-
4'/4 Jan
Preferred
3,300
:
84%
,
*69%
20%
20 %
16
112%
83%
*135
20%
*19 Va
15 y4
66 %
*111% 112%
71
71
*111%
V: 66
66
66%
112%
*135%
'
67%
Helme
'■
17 Va
17
17%
16%
*135%
68%
165
*157
/:•
144% May 14
Apr
12%
6
3
—2
Mfg Corp
tHazel-Atlas Glass Co
200
109
68%
69
165
*157
■
84
*135
*64
165
16%
*84
*110 y2
2%
108%
*67%
69
*67%
*157
165
2%
1.09%
85
16%
16%
85
*135
69
*157
165
109
109
69
69
*157
16 %
84%
'
■i
109
109%
109
109%
*67
2%
109
Hayes
510
2%
108%
3:
27/a
2%
9,100
—-
9
9
9
2%
1,000
200
*100%
-100:
*100
—
8 3/4
23/4
2%
2%
109 7/b
*101 Vb
*101
—
9 Ml
6 3/4
.
63/4
*6%
7
7
7%
*6%
150
*1433/4
183/4 July
6
Feb
135
104
98
107% May 15
13% Jan
Harbison-Walk Rcfrac
—No par
6% preferred
100
Hat Corp of Amer class A
1
6%% preferred
100
Hayes Industries Inc
1
4,100
6
99 % Jan
Co $5 pfd—No par
(M A)
Hanna
20
107
18%
Highest
$ per share
$ per share
$ per share
$ per share
Par
1942
Year
Lowest
Highest
Lowest
EXCHANGE
■:'
1
Range Since January
i
;
Shares
share
18
150
*143%
150 -
*1433/4
150
63/4
6%
*6%
7VB
*1433/4
150
*1433/4
148
*6%
17%
17%
i7ya
17%
the Week
$ per
18 3/8
STOCK
NEW YORK
for
Sales
*106%
107
18%
18%
17%
share
$ per
106%
107
*106%
106%
173/4
173/4
;•/•• 106%
107
share
'•; / $ per
share
$ per
share
per
*106%
•
/July 15
July 14
July 13
y
-
Friday
July 16
'
Thursday
Wednesday
Tuesday
Monday
Saturday
HIGH SALE PRICES
AND
Dec
K
17%
17%
*17%
8%
8%
/
27 Va
27
*11%
*99%
8%
,
101%
*15%
15%
*15
*106%
.15%
>
110
31%
32
19%
19%
*30%
V.'
„
9'/a
9%
*26
12%
*12
♦12
*15
16
109
*107
v 600
121/,
m/,
ino
*99%
1023/8
50
*i£)
23%'/
23
Va
23 Va
23%
23 3/a
23
23 %
1,500
15%
15%
15%
15%
15%
153/4
15%
15%
1,000
*108%
110
109%
110
33 Va
33%
34%
34%
35
34 Va
19%
19%
197/a
20
20
20%
33
33
34
34
333/4
343/4
19%
*31
3%
32%
4
32%
*4 Va
32%,
4%
4 Va
43/a
4%
47% '
*47%
110%
*110
110
4%
49
34%
4 3/a
*47%
4%
47%
22%
22%
22%
22%
22%
22%
22%
22 %
22%
10%
10 Va
10%
10
10 %
*9 3/4
10
10
22%
22%
*9%
10%
9%
31
31%
31%
31%
31%
31%
31
31%
31 %
31%
31%
30%
31
31
31%
31%
31%
31%
31%
31%
143%
14%
100
—1
100
—5
preferred_100
Wh'l conv cl A——1 v
1
Kelsey Hayes
Class B
pfd A
2,100
;m
V
400
1,500
Keystone Steel &
prior
$5
8,200
Kresge
313/4
2,300
Kress
31%
5,300
14%
100
280
No par
No par
No par
No par
preferred
(3 S; Co
Dept Stores
& Co—
Kresge
1,600
s
W Co
Kimberly-Clark
Kinney (Q R) Co
(S H)
Kroger Orocery
& Bak
Jan 19
Feb 2
Jan 2
Jan 13 *
Jan- 6
Jan 2
11V4 Jan 2
103% Feb' 1
15% Jan 2
87/a Jan v 4
xl2%
122 Va
5%
20
7%
83
10
No par
No par
preferred
Kennecott Copper
10
22%
.
conv
Kendall Co $6 pt
60
47%
49
*47%
5%
70
48
47
Southern
4% preferred
Kaufmann Dept Stores
City
Kansas
74,500
.
193/4
*33%
47%
31
341/2
193/4
••• ■'
4-7%
30%
109 %
23%
♦108%
B
(J) & Co
Keith-Albee-Orpheum
15%
110
& Furn
City P & L pf ser
Kayser
ID 74
*107%
109
19%
4%
6,000
191/„
J. 5-/4
*1.07%
109
8%
26%
102 3/a
«
*15
15%
*15
*107
%;
Kan
8%
273/a
*99%
102
102
3,600
18%
130
*25%
9
9
27%
Xl8 Va
*125%
32%
;
32
4%
15%
*108%
♦108 %
12%
*99%. 102
16
130
18
130
fi
18
*125%
23%
23
23%
*15%
■
28
*11%
109
*107
109
*22%
*27%
12%.
102
18%
27%
27
27
*11%
12%
102
18%
*125%
9%
9
9 Va
'
18%
130
*125
130
♦125
129
*125
18%
18
Kalamazoo Stove
1
No par
10
»-■—1
No par
No par ;.
15 Va Jan
Jan
1% Jan
34% Jan
18% Jan
2% Jan
23 Va Jan
24% Feb
25
10% Apr
July
Apr
Apr
11%
Feb
100%
Jan
V
Jan
11%
Sep
93% July
103%
Dec
10%
11
24
8
4'/a
100
14% Dec
Apr
Jan
9
Dec
105%
May
Jan
.■■37% Jan
26%
Jun
20% July 15
ll3/4
Apr
15 Va
Dec
34
July 15
24%
Jun
29
Jan
5
May 10
13/4
Jan
2'%
Sep
40%
Feb
Mar
22 Va
Jan
Jun
3%
Jan
35% Apr
2
7
13
12
2
11
4
26
Nov
."/■ 7
5
24% May 11
16 3/a May
Oct
29%
OO
7
Mar 11
108
7%
Dec
6
.
Oct
•
Jan
May
16
6
:Jun
124"
'
25
16
Mar
2%
12% Jun
102 Va
'I Feb
•
8
293/4 Apr
113
Jan 29
28% Jan 7
192
5
117
.18% July 14
125 % May 24
47% July 10
233/4 May
10 3/a Apr
4
3
313/4 July 16
32 3/a May
6
30%
17
2%
:
Feb
19% May
27
Jan
22%
29%
Jan
Apr
L
:
*15 '/a
15%
*14%
*66%
68 %
67%
28%
*14%
(
15%
68%
69
69
68%
683/4
68%
69
28 %
27%
28
28
28
28
28 %
28%
*27%
19%
*19
19%
19%
19%
38%
38
38%
38%
38%
*26 %
27
27
*118 Va
7 V4
1%
17%
30%
19%
*34%
41%
30%
For
.
-.*•
x26%
118%
"7 3/a
1%
l3/4
7%
1%
18
17%
27%
118%
38
27
27
__
7%
1%
1%
1%,
18
18%
31
20%
21
34%
34%
41%
41%
41%
42
8Va
8
43
8 Va
31%
*21
35
32
31%.
28%
>118%
7%
7%
1,600
313/4
6%
1%
18
31%
V
;
Lee
4,200
2
2,600
18
"3,500
31%
21
21%
21%
1,200
35
35
34 %
34%
900
43%
43
433/a
8Va
8
8'/a
42
7%
42%
8
4,600
41,100
&
Tire
Portland Cement
4% conv preferred
tLehigh Valley RR
Lehigh Valley Coal
6% conv preferred
Lerner
(The)
Prod Corp
Corp
Lehman
21
8
Bryant
Rubber
Lehn & Fink
21%
(The)
Lehigh
6,000
35
43
preferred-;
Lambert Co
Lane
10
7
5%
500
4,700
Lt Co St Louis
Laclede Gas
400
20
*37%
18%
35
*19%
1%
20%
263.
26%
*118V2
*118%
19%
38%
18%
35
8
27
19%
*38
1%
7%
19%
footnotes see page
26%
19%
39
18%
30%
30%
19%
X39
7
35
8 Va
8
27
7%
7%
1%
17%
-
*118 Va
-
,
*14
28 %
*38
'
15
68%
*19
.
15
Stores
Corp
Gl__
Libby McNeill & Libby
Libbey Owens Ford
100
100
No par
No par
5
25
100
50
No par
50
1
5
No par
No par
7
9% Jan
35
Jan
13
May
16% May 21
4.v
723/4 May 21
21%
Apr
41%
Sep
7
11%
Jan
18
Dec
11%
Dec
28
Dec
23 Va
Jan
17Va Jan
7
293/4 Jun
113/4 Jan
7
26 % Jan
27
Jan
4
18
39
July 1
28% July 16
20
7% Apr
4
193/4 Jun
8 3/a Mar
15%
Apr
18 % May
104
Aug
113
Jan
4
Jan
1%
Jan
107% Jan
27
118% July 13
2% Jan
2
8% May 19
23%
Jun
2 % Jun
1
Dec
6
203/4 Jun
5
41
8%
Jan
15% Aug
12
32
July 14
173/4
Apr
25
Dec
6
22% Jun
26
113/a
Apr
14 %
Aug
Dec
iii Jan
11% Jan
24
Jan
14% Jan
2
23% Jan
8
31
Jan
12
5
Jan
2
36 % Jun
43 3/a July
8% Jun
7
15
17
18
20%
4
4c
Apr
263/a
Jan
333/4
Dec
Mar
5%
Jan
Volume 158'
Number 4195
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW
Saturday
.
$ per share
*37
Tuesday
July IS
$ per share
37%
37
69%
69%
$ per
69%
37%
69 %
72'/2
72%
72%
72%
72%
72%
1793/B
1793/8
179%
179%
1793/B
27V4
27
27
*40 3/4
41%
41%
*40%
42'%
40%
STOCKS
Thursday
*37'%
70
39
71
70%
70%
73%
4,200
1793/4
*27%
273/4
*27'/a
27%
390
41%
41%
413/4
40 5/e
41%
40%
*40 3/4
42%
41
41
40
40
41
*27
40%
400
19%
19%
19%
19%
19%
195/a
20%
20%
20 %
203/4
20%
20%
20%
205/B
20%
21
.
19%
20
20 3/a
203/8
20%
20%
20%
20%
20%
20%
203/a
21%
20%
21%
205/8
20%
61%
62
61%
613/4
62
623/s
62%
63%
62%
63%
63
/
63%
50%
50%
50 %
50%
/
93/4
.
A
26%
49 3/4
9%
21
20%
*162
*21%
753/4
753/4
75%
27
133
36
36
293/e
29%
*131/2
36
•; 36
293/a
293/4
*280
19%
33/8
*280
75/8
73/a
10
191/4
320
*10
3%
3%
6'/4
6%
63/a
16 3/8
16%
22
21%
21%
*74%
77
77
77%
163/4
27%
27
133
36 3/a
29%
30
273/8
*127
36%
36%/
30%
293/4
13%
13%
*131/2
20%
19%
*280
73%
4
320
303/4
14
#29%
*280
'
320
73%
7%
75/«
10%
10%
19%
/ *18%
193/4
43/8
3%
4%
35/a
4%
4%
4
6%
63%
6%
6%
63/a
6S/8
6%
163/4
16 %
16%
163/e
163/s
153/4
54,800
Marine
17
16 %
1.7
20%
20%
20%
20%
63/4
63/4
6%
6%
423/4
42%
■'"'"423/4
2,200
423/4
43
43%
31
31
2,300
31%
31%
31%
31%
800
243/4
253/8
56%
24%
56%
56%
24%
*173
*55%
6%
6%
63%
63/fl
6 V2
30%
*30 %
31%
31%
*106%
17%
17%
18
18
r,
18%
16%
16%
16%
16%
112%
*111%
112%
*111%
27%
27%
27%
27%
*27%
*14%
15%
*14%
'
174.
5634
6%
6%
*30
18%
18
31%
*1.12
111%
28 3/8
28%
15%
143/4
14%
143/4
15%
143/4
46%
46
46%
46%
465/a
24%
24%
24
243/8
24
24%
*112 %
113
10%
~9%
9%
11
"95/8
9%
88
*82
74
74
75
34»/2
34%
11%
40
./
273/a
7%
*29%
343/4
343/4
11%
12%
40
40
26%
26%
32%
32%
8
8%
123
293/4
72%
*113%
413/4
*40%
26%
*25%
26%
33
32%
323/4
72%
30%
*113%
71%
7%
"7%
95%
*95V4
98'/a
"73/4
7s/8
97
97
'
21%
213/4
22%
22%
23%
23/4
2%
25/s
2%
23%
23/4
23/4-
9%
/
9%
9%
95/8
9%
93%
9%
9%
28%
283/a
28 3/4
24
24%
*28
28%
28%
90%
90%
28%
90%
90%
*115
116%
*115
123
*1193/4
235/8
114
*111%
48%
49%
483/4
33%
333/4
*33%
"
23%
28
5%
4,500
&
Mesta
8%
28
28
90%
90%
90%
*115%
116%
*115%
116%
123
*1193%
123
*1193/4
123
*112%
114
*113
114
88%
"
89%
49%
49%
49%
49%
48%
333/4
333%
I 34%
34%
*34%
35
34%
.
10,500
.
Morrell
(J)
3,560
fMorris
&
24%
243/8
24
24%
23%
24%
23%
24%
231/8
24
23%
233/4
163/4
16%
165/8
16%
165%
16%
16 3/a
16
16%
157/8
16%
17%
17%
17%
17%
17%
17 3/a
173/4
17%
17%
28
17%
1,400
27%
2734
28%
273/4
28
27%
27 3/8
/17% '
Motor
27%
27%
''273/4
1,700
Mueller
5%
5%
6
*76%
78
*76 %
78
*21%
22%
*21%
22%
*72
75
*73
6
1133/4
1133/4
10%
113%
10%
10%
42
6%
6
6
77
73%
42
6
*74
77
*74 %
*215/8
22%
*21%
22
75
73%
73%
10%
10%
73%
*73 %
1133/4
115
*41%
5%
77
22%
*11334
10 54
43
*42
76
*21%
75
113 %
6%
113%
*1.131/4
10%
43
10%
*42
200
v
77
*1131/4
200
114%
130
io5/8
103/4
10%
7,800
43
*42
42
42
200
2
7
9
16
7
104
Feb
6
Jan
67% Jan
114
60
Jan
13%
Jan
3%
Nov
22
Nov
Jun
101
Dec
Mar
K 14
9%
Dec
9%
Nov
39
May
5%
Dec
15%
Jan
101
Dec
110
Jun
94
6
x53A
64%
Dec
7%
Apr
Nov
26
Jan
■24%
Oct
7
Oct
Jan
108%
Jan
28
10 3/4 Apr
89
Feb
127/8
14
Apr
6%
27%
8
May 21
76
»■
May
99% Aug
6
Jan
46%
Sep
9
114»/4 July 16
Oct
Jan
108
77
Jan
7% May
Mar
4
55
Dec
72
Feb
343/4 July
12'A July
15
i; 27
Feb 9
4% Jan
2
;
May
28% July 15
16% May 19
9
.
176
10
50% Apr
25% Jun
4
8
20%
Jun
32
Jan
6
4'/a
Dec
6
Oct
Oct
Mar
25
Jan
4
42
July
3
22%
Jun
29
par
25% Jun
3
323/4 Mar
1
21
Apr
33%
Oct
341/a Apr
6
24
Dec
30%
Jan
9 3/a Apr
8
5
Apr
7%
Jan
19%
Dec
26
Jan
13
5% Jan
1:
4
..
18% Jan
6
par
20% Jan
7
1061/2 Jan
4
58
107
Feb
Feb
8
19
109
Apr
14
3
Jan
2
100
i
—1
i
>
No par
3% Jan
100
20
Co
17%
10
84
26 y8
12% Mar
July 14
7
16 %
May
23%
Oct
12534 July 16
763/4 May 6
881/4
Apr
108 %
Nov
35%
Jan
59%
Dec
103'/a
Jan
108
Xl07% May
1% May
111
31% Jun
64% Jan 17
13% Jan 13
% Jan
2
No par "':
110
Apr 21
113% Feb
4
8 3/a Jun
\
10
Janl2
57%
24% July 14
3% Mar 4
8 3/4
11% Apr
4
97% July 15
1%
Jan
121/4
Feb
28a/4. July 14-;
Mar 19
66
92% Jun 30
Jun
67
Mar
Apr
143/4
Nov
1%
4%
18
Oct
Oct
Oct
117%
120
Oct
102%
Apr
1103/4
Jan
July 14
23%
Apr
34%
Dec
Mar
Jan
2
119
Mar 19
110
118
' Jan
20
121
Apr
112
No
par
108% Jan
2
114
Mar 10
No par
No par
331/4 Jan
14
50
;
Oct
Dec
May
May
May
115
par
No par y
Oct
3%
A Jan
6
-
No
B__
29
91
Jan
Feb
8
37
3
28%
Dec
48'/8 Mar
Jan
5
273/8 Jun
7
12%
Dec
29 3/a Mar
7
17
Jun
5
6 %
Jan
5
9% Jan
11 % Jan
12
18% Apr
7
1
21% Jan
8
1
^.__No par
2% Jan
53
Jan
15
Jan
31% Jan
13
No par
Corp
Co
—_
Mullins Mfg Co class B—
t4% %
Jan
Apr
76
IP/a Jun
24
50
.....
No par
No par
preferred
Murray Corp of
6%
Jan
1%
4
Jun
113
13
101
31
18% July 13
163/4 Jun
7
27
Mills
$7. preferred
107
7
6
July 15
571/2 Juiy 8
7% May 29
32% Jun 10
4
Jan
10
& Co
Brass
174
5
Jan
100
Munsingwear Inc
Murphy Co (G C)
■
Jan;
-
12% Jan
5
Essex
Wheel
/
Dec
11
L
Motor Products Corp_.
40
21%
*74%
115%':
10%
43
/
4,100
'
77
20%
R
r'2,000
5%
*76
i
1
Jan
Jan
8% Jan
No
preferred series C
Montg Ward & Co Inc
600
Jan
_50
Co
$4
34%
49%
Oct
12%
26%
29%
11% Jan
10
series
11%
Apr
19% July
162
Apr
100
preferred
Preferred
Jan
8%
2
381/4 Jan
No
Chemical
Monsanto
"30
4%
17% May
3 i/a Sep
Nov
7
Corp
$4.50
48%
35
1,600
v
Jan
Jun
34%
13
Powi&y'Impl—
Carpet
3%
2 3/4
25%
Jan
preferred series A
Mohawk
7
Jan
Nov
Aug
5
Mo-Kan-Texas RR
1%
73/n Jun
Dec
2
19
19% Jan
series C
Mission
16%
223/4 May
100
1
Petroleum
/ 4,100
X6%
43% July 16
No par
preferred—
May
3IV2 July
7
27% Mar 26
1
1st preferred
Moline
5
1
21% Feb
par
5
41/4% .preferred
$6.50
5
2% Jan
Minn-Honeywell Regu
;—No par. /,
4% conv pfd series B—
100
Minn
Jan
2% May
11
37
No par
Steel Prod
cum
4%
Jan
21 % Jan
100
Co_:
Jan
21%
Jan
165
Copper..
*173/8
53/4
Mln Trans
Mid-Continent
500
12,8001
1,000
37/a Jan
311/2 May
22
par
■
preferred
Machine
*16%
28
1st
conv
Jan
273/4
11% May
'/a Mar
May 27
No par
Merch
13%
Dec
July 14
24
(The)
;. 3,900
116%
483%
xl7
7
No par
2S/8
90%
50
2
10
preferred
9%
*115%
114
97/s Jan
.100
Inc
Nov
63/4 July 13
181/4 Apr 15
5
<
18% Jan
No par
Co
24%
*119%
*111%
2
Jan
par
par
No
Apr
9%
11
3% Jan
par
Co__
2%
V
90%
114
8% Jun
27
9
Jan
Mar 15
i% Jan
:
83/4
23/4
120
*111%
2
Jan
Jan
35%
17%
10% July 15
1
50
98
,116%
119-3/4
114
40
.
7%
90
:
120
*111%
1,100
113%
9%
28
320
131
Dec
19
6
193/4 Apr
5
4 3/8 July 14
1
220
72
*95
24
2%
3-% Jan
61/2 Jan
Co
Midland
•
'
9%
Mar 15
Dec
23%
Dec
26%
May 19
243/4 Mar
153
Apr
122
303/4 July 15
14 3/a
2
t$5.50 pfd ser B w W—
Miami
109
*115
•
116%
*119%
28%
/
97%
'
14
Mar
15 y»
6
8
Mengel
.1,100
7%
"73/41;
97%
3
May
Apr
128
17
May
181/4 Jun
No par
6,500
10,700
303/4
*107%
1,800
'
1253/4
72
'
;.
113%
7 5/8
*
*2%
72
*113 »/8
L
Jun
37
6% Jan
Melville Shoe Corp
620
600
25%
30%
125
109
1,200
.8,600
'
8%
25%
30% ":
125
*107Vb
*113%
~7%
*8
26%
30 3/a
109
♦1071/s
"
8%
125
72 3/a
72%
109
945/e
93%
33»/4
303/4
124 ;vt 124
135
2
14% Jan
t$6 preferred series A
170
41%
26%
32%
t5V4%
McLellan
30
77
26
7%
"
7%
85
11%
30
*107%
85
*75%
34
123
29
17
par
..No
Corp
11%
8%
8
Jun
1
—No
11%
9
Jan
'
14% Jan
Mead
34
253/4
20% Jan
.10
109% Apr
3,000
12%
8%
Jan
18
9%
'34%
26%
76 %
100
conv
11%
8%
Sep
—1
6%
343/8
253/4
65%
No
& Robbins
20
41
:
77% July 16
Stores
114%
41
8%
8
preferred
9%
78
33
McKesson
120
33
v
5,800
114%
86
*25%
Jan
59% Jan
Corp
McGraw-Hill Pub
.1,900
12%
.
18 %
Mclntyre Porcupine Mines
11%
27
30
109
243/a
12%
:
25%
123
72%
3,100
114%
41
-
8%
123
*71%
109
34%
25%
25 %*
*29 %
*113%
34%
86
*751/2
900
46
♦113
95/a
'
243/4
*109
21
76
323/4
72%
93%
76
§'2
30
.7%
77
Apr
5
July
1
McGraw Elec Co
••..11%
115
95/a
86
11%
124
72%
*85
403/4
243%
*123
88
*75%
75
*113
9%
9%
■
*82
34%
7%
24 3/4
9%
11%
1,200
,
153/a
46
24%
113%
11%
115
100
28%
*14%
'/
113%
11
*113
114%
'a
323%
113%
.11
34%
273/a
323/4
;•
*112%
11
9%
88
11%
40
113
112%
10%
*113
*83
'
x28
15%
45
11%
1
111%
112'A
28%
July 14
28
7 % preferred!
■May Department Stores..
Maytag Co
$3 preferred
$6 1st cum preferred
Stores
Nov
22
21% Jun
__5
McCrory Stores Corp
5% conv preferred
24%
*113
600
Nov
16%
6
320
Wks
McCall
45
11
31
19%
Mar
15% Jan
1
2,100
24%
1123/4
*103/4
*30%
Dec
163
No
2,000
44%
*113
3,500
Jan
7%
2
Co
16%
45
24%
700
6%
15
Dec
42%
12
Co_
Alkali
Mathieson
463/4
..
2% Mar
161/2 Jan
135
Corp
Elec
Jan
...100
'
Martin-Parry Corp.
Masonite
Jan
Jun
Dec
24%
No par
Co
18%
24%
*44%
Field &
16%
273/4
13
37
31%
6
11% May 10
273/4 May 6
■
Oct
16 >/8
14% May
148% Jan
preferred—100
pr
18
161/4
*111%
18% Jan
25
123/4
11% May
July 16
513/4 Jan
Dec
Nov
100
:
Corp
16%
16%
112%
4
Oil Exploration
18%
•
I6V4
11
6% Feb
1
(Glenn L)
Master
6,200
*105
*111%
273%
R
563/4
6
Martin
9,000
10
*56%
*105
Xl7%
16%
112
37% Jan
No par
25
Midland
Marshall
20,500
*173%
563/4
6%
31%
*106'/a
18
16%
163/4
205/8
6%
•
*105%
*111%
57
61/2
—No par
'
25%
174
*30%
31%
16%
20%
6%: '
24%
177
56%
.;
'
247/a
*173
56%
6%
30%
*106%
56%
24%
177
63 %
No
Market St Ry 6 %
1,250
Xl63/a
177
25% Mar 29
7
'
65/a
*173
5
42% Jan
Coal Co_.__
Maracaibo
16%
177
6
16% Jan
Copper
40,500
205/e
*171%
151/2 Jan
Bros
6%
;
41
1
Sugar Co
16%
31%
Nov
100
Mandel
20%
42'%
37%
Jan
4
T_No par
Manatl
6%
24
May
9%
19
12% Jan
Manhattan Shirt
16%
42%
Feb
25 %
34%'Jan
Forbes....^.
300
20%
*30%
32 3/a
Jan
177
._10
700
6%
31%
Jun
4
16%
42 %
22%
22
>20%
41%
May 27
July 8
Jan
6%
31%
44
Jun
16%
24%
7
10
Magma
7,100
16%
32
Jan
18
203/4
413/4
24
233/4
10
.
6%
16%
24%
Apr
No par
6%
413/4
16%
„_No par
16%
24%
283/4 May 27
Madison Sq Garden
20%
*3P/4
4
Macy (R H) Co Inc
10%
19'%
v
Apr
par
preferred
Mahoning
10 %
,
164%
100
4,600
320
10%
7%:/
74%
9,200
19%
*280
73%
Apr
Mack Trucks Inc
V
14
19%
Jan
Apr
50'/a
par
—
&
Jan
50%
73% Jun
2OV4 July 14
21% Jun 26
Nashville
MecAndrews
33
4
No par
Co
Highest
$ per share
Mar
1793A July 16
3,900
293/4
*13%
.
20%
71
20
3
2
j||jf m iilllirlll
6%
19%
10%
*19
400
36%
7%
7%
19%
1,300
&
July 16
July 15
Apr
No par
Biscuit
(P)
preferred
Louisville
133
36
39
1942
$ per share
227/8 Jan
No par
.No
Louisville Gas Si El A
700
277/s
*127
Lorillard
'
36%
20
320
*27%
133
20%
10%
6%
161/2
*21%
77
*27
Loose-Wiles
7%
5
Wks
Co
Lone Star Cement Corp
Long Bell Lumber A
7,300
2,300
3,600
166
76
*127
Belt
Lockheed Aircraft Corp__
Loew's Inc
.—No
3.100
,
21
*162%
75%
10
4
20 3/4
__
4
63'/a Jan
174
—No par
Refining Co„
Liquid Carbonic Corp
5,800
27%
21
21%
♦19
19
20%
22
7%
10%
19
10%
•
513/a
10%
*26i/4
14
18%
'
/
51
10%
*1621/2,"'
Jan
Year
Lowest
1
$ per share
62% Mar 25
25
100
Lion Oil
10,000
26 3/4
20%
36%
*13%
20%
193/4
51%
Link
3,700
:
101/e
22
133
29%
14
*13%
••
50%
30
.25
1
:
Lima Locomotive
2,000
X26%
10
27%
20%
27%
*127
7%
10
*27
28%
133
51
9%
27
*162
75%
355/a
320
7%
20%
21%
75%
*27%
19%
*280
20%
22
*127
14
19%
-
10
27%
*162
21%
27
10
27
.
21%
*127
/
10%
26%
20%
21
*161%
50%
50%
9%
26%
26%
/i
20%
•
;
—
Lily Tulip Cup Corp__
1,800
42%
*19'/4
20
Series B
100
/
39%
*41
8
Liggett & Myers Tobacco
tPreferred
$ per share
'
28
41
20%
u
Par
Life Savers Corp
2,500
73%
1793/4
Range Since January 1
Lowest
Highest
J.'•>/>:
800
'73%
*179
Range for Previous
STOCK
Shares
.180%
*271/8
23
'
72%
180
/
39
YORK
EXCHANGE
"
70
72%
721/2
*179
$ per share
39
NEW
the Week
July 16
$ per share
37%
Sales for
Friday
July 15
share
37
69%
*36%
*1781/4
"21
PRICES
Wednesday
July 14
$ per share
37
69%
691/4
SALE
HIGH
AND
Monday
July 12
July 10
62
(F E)
Nabco
..10
No par
& Bro
Liquidating Co
11
9% Apr
20% Aug
Mar 29
Oct
12%
Nov
25%
Jan
7
Jun
3
2
7'7
Jun
25
50
Jan
63
Feb
23% Jun
2
7
5
13
26
11%
Jan
17
Dec
693/4
Jan
116
3%
May
108 3/4 Sep
21
Apr
.Sep
49
73% July 13
111
July 3
5% Jan
2
34% Jan 12
100
America
Myers
Apr
31
113
Jan
Dec
II1/4 Jun
28
43%
Jan
6%
Nov
44
27
30%
Jun
39%
Feb
Feb
N
*1%
1%
*1%
1%
*1%
1%
1%
*1%
13%
l3/8
133/s
*1%
1%
13%
13%
13%
133/4
135/8
13%
133/4
36%
36%
133%
*36%
36%
133/s
13%',
36%
38
38%
38%
38
38%
37%
373/4
16%
165/8
165/s
163/4
1
*1%
•
16%
163/4
16%
16%
16%
16 5/a
16%
16 3/4
11%
11%
11
11%
10%
11
11
12
12
10%
10%
12
10%
12
12
12%
12
13%
13%
12%
13%
113/4
13%
113/4
13%
13%
13%
13%
12%
13
450
105/8
12
11%
12
26,400
22%
22%
*171
9
22%
175
*171
20%
20%
%
9%
27
13%
27%
133/4
22%
22%
*173
20%
9%
27
13%
22%
177
*20%
20%
13%
20
13 3/8
*10
*10
93/a
9%
28%
28%
28%
14%
13%
I.4
13%
133/4
20%
21
3,800
205/a
21
20 3/4
21%
20%
21%
13%
13%
25,400
13%
13%
1.3
133/s
123/4
13%
*10
135/8
10%
10%
10%
10%
85
85
85%
213/a
*33%
34
65/8
63
.203/4
6%
34
/,
*13%
.
■13%
33%
343/8
333/4
24
24 %
24%
*24%
24%
10%
85%
18%
178
20%
*33%
103/8
13%
10%
10 3/8
10%
86
86
86
863/4
18%
'
10%
86
18%
18%
18
18 3/a
1781%
*176%
178
176%
176%
*148 V2
1493/4
149
149%".,;
20%
20%
21%
34
34
34
6 3%
63%
633%
13%
6%
64
143/4
14%
21%
263/4
263/4
>26%
263/4
263/4
26%
27
27%
75%
76%
75
75%
76
76
76
813/4
813/4
82
82
82
82
"83/4
17
6
8%
'
9
173/4
*22%
634
/;
18%
23%
*23
*94%
54%
*111
112%
82
19%
24
54%
76
81
*111
6%
9%
9%
93/4
112%
■■
*23
55
23%
*111
;
19%
193/4--
23%
23%
*94
55
112%
55%
*111
17%
112%:
55%
♦111
112%
33%
33%
343%
34%
34%
33%
34
15.%
15%
15%
16%
16%
18
18 %
18%
18
173/4
177/a
For
100
: 100
100
100
*99
41
41
40
40
40
18%
18
18%
footnotes
see
page 263.
18%
183/4,
18%
,<■
' 6
f7%
Dec
11% July
101%
*99
40
40 3/4
19
18 %
r
& SiT
Nat Mall
National
10
,__No par
41
;
150
2,600
No par
Cast Co
4
Steel Corp„
National; Supply
700
>
%
100
,_H00
Oil Products Co.,
$2
(The)
25
Pa.
preferred
1
prior preferred—
conv
t5%%
t6%
prior
18,200
:
57,300
Nehl Corp
-
300
Co
i
—10
40
183/4
■
R*93%
•'-.*54
--__
\
>
112%
r
17%
*99
395/8
17%
•;
33%
>•
5,000
153/4',
12,400
175/a
4,900
100
40
18%
800
400
-
-
1,000
42,500
—No par
—1
serial preferred—.100
Newmont Mining Corp
Newport Industries
N'port News Ship & Dr Dock
$5 conv preferred
Air Brake
New York
York
Central
No par
100
—10
1
1
No par
No par
No par
Jan 13
Jan
6
Jan 13
May
8
Jan
Jan
5% Jan
14% Jan
57
Jan
2
5
2
4
5
2
6
Jan
9% Jan
^..No par
conv
2
62
Jan
2% Jan
\
100
Newberry Co (J J)
5% preferred series A
New
.
No pat
Nelsner Bros Inc
4% %
;
-56
Jan
.160
137
143/8
30%
2%
52
.100
preferred—'.
National, Tea Co
18%
17%
15%
f
5
14
10
National Power & Lt„—No par
Natomas
33%
<-.
100%
173
Jan
,
16
74%
37
106 %
26%
10%
Jan
Jan
2
5
7
4
4
Jan 11
Mar 31
Jan
2
Jan 12
17% Jan
95 % Jan
;
7
Jan*
6% May
13
24
140
Apr
Oct
Jan
Apr
163/4
Dec
Jan
5%
Nov
11
28% July 16
Jan
143/4 May 10
6%
123/4
Apr
141/b May 26
4%
20
Sep
211/4 July 15
:
Jan
87
2
Jun
33/4
178% July 13
Jun
28
Dec
Nov
26
Apr
Sep
18
Nov
6%
60
Jan
72
11%
19% May 27
150
9%
Apr
141/4 Mar
4
Dec
153/4 Aug
7% Nov
173%
8
liy4 Jun
93/4
8% May
10% July 14
343/a July 12
25% Jun
Oct
16%
166%
33/4
7
Jun
93/4
May
May
12%
211/4 Jun 24
10
Apr
5%
July 16
23
7
4
Jan
4
Jan
4
Jan
2
Jan 13
Mar 16
Jan 14
17% Jan 15
6
Jan 12
70% Jan
4
1
preferred
2
Jan
Jan
51/4
18%
9%
14%
6%
91/4
x25%
8
13% July
7
15% Jan
162
17
,-No par
No par
Co
3
121/s July 14
No par
preferred A
preferred B_.
101/8;
*111
16%
18%
16% v;
18%
15 3/4
18
41
Nov
8%
2
3
No par
Lead Co
National
*23231/2
•
•I
■'■-'■
•'■
55% V'
153/8
100 %
,
•
23%
"
153/,
18%
Oct
5V4
5% Jan
8% Feb
8% Jan
'
*93 %
55%
18
*40 3/4
>■
80%
-xj
6 %
9%.
33
*100
19%
—1
*
Gypsum
National
3,000
'
32%
33
13'% May
10
preferred
9,300
*
-••'so
*
19%
23 1/2
1
No par
Products
conv
4
No par
Register
3,500
f
175% <75%
9% no
19%
i:
200
61,100
>
'
61/2
Corp
Nat Enam & Stamping
$4.50
Nov
15% Jan
10
Nat Distillers Prod
National
29%
100
National Dept Stores
6 %
Oct
16 % May
5
Corp—,
National Cylinder Gas Co
70
4,100
R.v
14%
90
'
; 7%,
81 >
6%
"
*
34
<
6%
,-27
>
11,200
v
27'/8
6%
*94%
54%
*331/2
•
•■•••
27%;*-
6%
19
280
'
21% >
76
-
10,100
64
3%
V
21%
271/s
-
400
,
;
63%
14%: U ,'"•'.14
6 3/a
9
*94%
54%
*81 ,'/
■
C*
s
64 %•>--.
'
6
.
178
-
6 3/4
<
5,300
-
,
1493/4
141/8
•
77
6
34
6%
63%
14%
*175%
*148%
.
21%'.. V
*333/4
67/b
64%
100
;
34
7
29
1
Can Corp
Nat Dairy
7
403/4 Apr
193/a Apr
10
Co
Share
3% July
151/8 Jun
2
■
1493%
65/s
..
2,300
-
&
Nat Cash
12
*10V8
Bond
National
85%
17%:
II.
Aviation
Biscuit
5,600
105/s
149%
63/4
13%
10%
33%
24
17%
34
63%
10%
x33%
24%
*843/4
.21%
6%
10%
Nat
,
preferred
3,000
28%
34%
10%
:
1493/4
63%
.
28%
34
18
63%
.
93/a
*24
178
149%
.
9
*10
85%
149%
500
v
14
24
21%
20%
8% :t 9 i \
28%
343/8
*148%
*20%
9%
24
1734
7%
14'/«
34%
■£
National
National
28 i/a
10%
"*176
21
3,700
11,000
177
9%
24%
17%
*20 3/4
13
*173
Co
preferred
conv
23
22s/8
'
14
34
178
12 5/a
22%
177
-
27%
24%
17%
21
"173
9%
33%
*176
21
223/4
177
6%
Deo
Jan
2
1
Nat Automotive Fibres Inc
4,300
1
33%
l3/4 Feb 11
Jun 18
6% Jan
23% Jan
5
4,500
>
,
100
Louis
National
Acme
1
No par
Corp
tNash Chatt & St
4,000
t.
275/8
'14
20 3/a
13%
:<
10 %
22%
*173
20%
'
203/e
223/8
177
*20%
/£
Nash-Kelvinator
Apr
16%
Dec
Mar
Jan
145
May
168
Jan
129
Mar
146
Jan
22
May 27
13%
Dec
173/4 Mar
36
Jan
4
29%
Apr
36
7% Jun
7
1%
Apr
15% May 28
4
28% Jun
9%
2
80'A Jun
88
Jun
7% May
51
2
8
10% Apr
5
193/4 July 1"
54
...
Oct
6%
Jan
Jun
16%
Feb
63
Feb
70
Feb
May
2% Mar
4%
Jan
May
453/4 May
1
'
Nov
3%
433/4 May
64% July 14
.-•■
4
Oct
Oct
9%
Feb
53/4 Mar
9%
Dec
23% July
7
11
94
9
70% May
75%
Sep
28
Apr
39%
Dec
104
Mar
110%
Dec
'
July
55% July 15
112% Jan
30
37% Apr
8
22%
Jan
Apr
17
Dec
30%
Feb
16% May 29
7%
Apr
11**
Jan
21% Mar 30
15%
Dec
20
Va
Jan
93%
Dec
109'/a
Jan
23% May
6% Jun
32%
Feb
12%
Oct
2
7
102
27% Jan
2
10% Jan 12
20
May
6
44 % May
29
5
May
Monday, July 19, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
LOW
HIGH SALE PRICES
AND
Monday
July 12
Saturday.
July 10
July 13
f per
share
23%
24
23%
24
24%
25%
68%
69
68
68%
69%
72%
I per share
I per share
22%
22%
22%
11%
llVa
11'/a
27
119
118%
*123'/a
126
126
,'126
50
•
*%
% '.'v
1
38
vi
*116
118
55%
55%
55%
*557/a
•25
127
*124
50
50
11%
11%
99%
16
"39%
5%
5%
•"
37%
191%
191
37%
118
*117
16%
*
56:
55%
55%
*55%
56
55%
55%
*55%
56%
*55%
11%
11%
11%
11%
11%
11%
99%
99%
99%
*99%
16%
115%
*115%
*
.
39%
5%
40%
40%
♦39%
11%
11%
♦11%
u%
18%
19
187/a
49%
49%
17
115%
21%
22 %
3,400
*115%
117%
22%
21%
21%
40
40
'
%
5
5%
5%
5%
40%
40%
40%
11%
11%
11%
11%
230
.
2,100
5%5%
5%
*40%
41
*40%
41
*11%
11%
400
19%
49%
*11%
6%
preferred series
5% % preferred series..
.
Northern Central Ry Co.
tNor States Pow $5 pfd
No par
No par
Northwest Air Lines
Telegraph...
50
Norwalk Tire & Rubber
Preferred
No par
50
.........
———
...2.50
Norwich Pharmacal Co
'■
Jan
Jan
4 /. May
6 3/a
Dec
16'A
Dec
Apr
80
23%
'■
1
3*3
54
Jan
1
%
Jan
3
% Jan
26 3/8 May
7
Feb
109
Dec
Mar
Feb
110
Dec
May
1% Mar
6
19.
],!
2%
v
15%
Sep
Va
Jan
23%
Apr
Oct
30 3A
Jun
Dec
38
July 9
192% July 14
5
2
5
7
143
Mar
192
7
108
Mar
116 Va
Sep
6% Mar
11 Va
NOV
Jun
118
17% July 16
Jan
4
39
Apr
52%
Jan
Jun
8
39
Apr
53
Jan
14% Apr
100% Jun
2
6
2
2
Jan
Jan
Jan
16% Jan 19
36
Jan
6
x3%Jan 14
31
Jan 15
8% Jan
6
50
100
„„
Northern Pacific Ry
Northwestern
9%
91'A
7u/b
107
.
15%
60 Va
10
2% Mar
8
9%
Dec
14
25
85%
Apr
96
56% Jun
49% Jan
5
.48% Jan/ 5 1
/
1
Jan
23
•
50
50
—
North American Aviation—,
250
11%
—_5
.
6
2
4
4
17 Va
51
Jan
12 3A
July 1
July 13 :
53 % Jun
20% July 12
Shipbldg Corp pdrt stk—1
—.
60
40
40
41
*40
40
5%
40%
%
'
1,300
12,300
11%
90
116%
40
5%
40%
56
35,500
21%
100
Jan
Jan
Jan
Jan
113
Jan
9% Jan
16%
115%
116%
Y
126
■r.
Jun
Dec
10 V*
Apr 26
27% July 1
123
Feb
11%
35
14
12
7
162% Jan
99%
22'A
100
100
16%
16 %
28%
ft
1%
ft
100
preferred
IN Y Ontario & Western
Jan
Highest
$ per share
share
per
May 22
22
63% Jan
101
100
10
99%
116%
22
23
17%
•17:
17
—50
—_50
IN Y N H & Hartford
N
26
2
Co
preferred
;;
•73% July 14
4
tAdjust 4% preferred™—
North American Co
101
*99%
101
6% Jan
16% Jan
tN Y Lack & West Ry Co
600
56%
-
par
No par
tNorfolk & Western Ry
61,900
17%
*55%
55
55%
■
5
Noblitt-Sparks Indus Inc.;
118
16%
27
830
192%
•"117
16%
16%
27
14% Jan
600
36
34
118
*117
16%
4,000
.21%
21
190%
118
18
%
Jan
311/2 Jan
No
non-cum
26 % July
11
preferred
Conv
share
v
Lowest
$ per share
100
Dock
York
$ per
■
1942
Year
./• .V Range Since January 1
*
J t
Lowest vVy
Highest
100
Omnibus Corp
10%
11,300
.
..
No par
preferred series A
& Harlem RR
N Y
33,000
1,300
21%
37%
16%
1%
20%
192%
37%
300
50%
11%
39 %
23
22%
%
>
1%
54%
22%
39%
%
New
40
4%/%; 5%
1%
4%
%
l'/a
3%
1%
4%
:
%.
%
21'
21%
360
■
50%
50%
1%
3Va
>
6%
NYC
27
124
'
*
N Y Chic <fc 8t. Louis Co
5%
119
124
127
*37
56:
,.
115%
115%
'
16%
56
16%
16
i"
*24%
118%
119
189
16
56 3A
llVa
115%
600
188
16%
55%
102
11%
*117
16%
11%
11%
187
16%
*99%
11%
27v
119
21 %
*37
118
16
.
:
20%
.
,
r 186
186
186%
♦116%
21%
*37
38
*37
185%
%
7
20%
21%
21%
%
11 Va
27
1%
3%
3%
3%
3'A
50
l'/a
1%
1%
3%
3%
*49%
50
50
/'
1%
1%
23%
50
126
*49
23%
119
EXCHANGE
.
8,700
23%
119
118%
9,400
71%
800
*124
♦24'A
118%
25%
69%
23%
f;-:* 11-11%
*24%
27
120
*123
I.
70
^ :V:
STOCK
Par
24%
25%
72%
24%
73%
23 V*
23 %
27
*24%
*25
120
;;
26%
72%
•.r.iV','22%'; 22%
*1.0%
11%'
22%
11%
25%;
^
NEW YORK
Shares
I per share
t per share
,■# per share
;..
the Week
July 16
July 15
July 14
for
Sales
Friday
Thursday
Wednesday
Tuesday;;.,
56
18% May
116% July
23% July
Jan
100
Apr
8
Apr
17 Va
Apr
38
15
5% Jun
Nov
110 Va
8
Feb
7
40
Jan
8%
4Va Jan
6
7
31%
Sep
Dec
Mar
3%
Dec
34
Oct
10 V*
45
Apr
7
12% Mar 25
Jan
/. 5y y.
v./.-■■//
O
V
*49
7%
7%
*8%
20%
87/a
.20%/ 20%
8Va>
8%
20%
*147
*148
*57%
59%
*62%
63%
59 Va
69
3%
155/a
142
.
Deo
Dec
6 Va
Jan
2
2
79
4V8
Jun
Jan
Dec
Jan
Jan
Jan
Jan
8
5
143 Va
27%
...No par
28% Jan 15
46
Jan 22
Co—12.50
54% Jan 12
573/4
Dec
8"%
Jan
—..100
5
tOutlet Co———
Glass
Owcns-Uilnois
12%
173/a
preferred—!
6%
37'/a
*57%
37
.6
100
Outboard Marine & Mfg
—
♦34%
*34%
No par
(The)——
8% preferred A
Oppenheim Collins..—
No par
Otis Elevator
•;
...No par
89 %
88
88%
*88
Omnibus Corp
7%
.7'
,
Oliver Farm Equip
30'/a
11% Jan 13
29 Va Jan
6
3% Jan
2
No par
Ohio Oil Co
Sep
Dec
48
Mar
63% i 63%
.
P
13%
13%
13
11
11%
11%
48%
49
48%
48%
23%
22%
*22%
*15
16
*15
42%
*42%
*114%
115
115%
153%
153%
153
153
5%
5%
4%
40%
*30
26 3/a
26 3/8
26%
115%
;
5%
16%
10%
2%
10%
29%
30
31
177/b
18
18
31%
18
5%
24%
25
*57
57%
17%
57%
57 Va
57
98%
19%
7%
97%
98%
99%
100
18%
19 %
183A
19
*7%
7%
7%
3%
*3'A
43%
17%
*42 %
44
*16%
17 Va
98
19%
7%
*3%
43%
.
*16%
24%
*23%
24%
60
60
5%
*59%
60 Va
*5%
*5%
5%
*5%
5%
46%
48%
48%
50 V*
493/4
533A
*14%
1,700
Parker Rust Proof Co_
-
13,000
253A
4,300
56%
400
6
5%
99 Va
98%
99%
2,800
19
18%
18%
18%
19 Va
73A
7%
7%
73A
13,200
1,100
3 Va
3
3%
1,000
*3
•
*24%
24%
61%
*5%.
53%
24%
61
24%
60%
:
;
55%
1,000
200
5%
5%
54%
200
61
60%
5%
28,500
24%
'^*24
61
55/8
52 3/a
5%
30%
30
30%
30 3/a
52%
*54%
54
65,100
15
1,000
56
1,100
38
*14
1,800
15
15
15%
15
153/a
15
56%
56%
573A
57%
57%
57
15
57%
38
37'A
383/4
39
40
38%
40
25 V*
*24%
25%
243/a
24%
*24%
25%
*24%
25%
100
9%
9%
93/4
9 5/a
93/4
93/8
9%
9%
9%
11,300
8%
8%
8%
8
8
8
8%
1,100
26%
27%
26 3/8
46,900
*37%
*24%
9%
8%
8*A
8%
25%
26%
26%
27
48%
49
49
88%
89
89
19%
193/4
*89
19%
48%
89%
150
19%
193/4
32,300
Phila
16,600
Philco
243A
24%
25 Va
24
24%
24
24%
893A
90
90
90
90
90
*112%
114
♦112%
6
87
23%
*98%
120
*98%
112
112
49
*5%
6%
86
*24%
24%
24
112%
*98%
120
*111%
*12%
13%
*12%
13%
*93
97
*91
95
6'A
*
86
*5%
5%
5%
5%
5%
6
47 Va
47%
49%
49%
*98%
51
75
75
8
8%
8
8Va
8
75
*72%
75
13'/a
13%
13%
6'A
200
*6
800
24%
24%
3,200
6%
6%
49%
8%
7%
*72%
75
50%
8%
8%
74%
*72%
74%
13%
-13%
3,000
3
1,600
13
13
13
*163
175
175
*163
175
*163
175
*163
175
*163
175
•180%
181%
181%
*180%
183%
*180%
183%
*181
183%
*181
183%
6
*9
♦90
181%
*9'A
9%
'•$
*90
48
47%
48
*69%
70
70
70
*14%
14%
14%
14%
*163%
4%
175
11%
12
*12%
19%
12%
13
*38
39
19
12%
56
*121%
16%
15%
53
46
20
20
20%
*20%
21
21
*20%
12 Va
11%
12
:•
<
12
♦45
6 3/8
V,0
9%
9
*85
96
48%
491/4
70
,
153/a
*163%
45/a
55%
70%
15%
170
'£■ 6
5%
96
49
48%
48%
70'A
70
70
15%
15
'
11,200
9
*85
16%
9%
170
*163%
:
1,200
770
y
90
5,300
170
43/4
5
*54%
55
54
54
350
47
46
46
80
203/4
21%
21%
213/4
6,800
21%
*20%
21%
100
11%
11%
2,400
183A
203A
21
21
*20%
12
12
113/4
12
18%
*4%
18%
.
5
..
■r
900
18'A
18%
18%
2,900
12%
12%
12%
123/4
12'/a
123A
12
12%
12
12%
6,100
13%
*12 %
12%
*12%
13
*12
12%
*12
12%
38%
38 V*
383/4
39%
*38 Va
39%
*37%
38%
39
39'
56
65%
56%
18%
18%
V>vl8%
18%
,r
"
400
'
55%
123
*121%
15%
90
123
.
16%
16
56
55%
16
.
" "90
122%
.
16 Va
56%
56
122%
121%
16%
16%
16
16 Va
P93/4
90
103%
103%
103 V*' 1043/4
110%
110%
111%
111%
16
56%
122
17%
16%
1223/4
122%
"16%
17
16 s/a
16%
93
*121
16%
16%
123
16%
12,090
93%
1,860
91%
105%
104%
105%
105%
106
112
1123/4
1113/4
112%
112 %
112%
128%
129%
125
126
1.26
126%
127
1283A
120%
120
1203A
119%
119%
38%
39 Va
39
393/4
39%
39%
*1)9
383/4
120%
39%
92%
127%
*119
38%
90
16,900
90%
92
4,200
16%
Xl03%
120%
553/4
129%
-120%
39
1,760
570
700
110
12,400
Coke & Iron Corp
—100
100
$5 conv
preferred
No par
—No par
-1
Pittsburgh Forglngs Co
Pitts Ft Way & Chic Ry Co
7%
5%
5%%
100
Plttston
Class
(The)
preferred
Co.
A
—
if preferred—.:
Plymouth Oil Co
Class
--1
100
100
5
No par
Poor & Co class B
No par
Postal Teleg Inc preferred—No par
Pressed Steel Car Co Inc
1
5% conv 1st preferred
5
5% conv 2d preferred
50
Procter & Gamble
No par
Pond
Creek
Pocahontas
—
5%
pfd
iser
Pub Serv Corp
When
of Feb 1 '29)
100
of N J
No par
distributed—
No par
t$5
preferred
preferred
t7% preferred
t8% preferred
t6%
tPub Ser El & Gas
Pullman Inc
—
pfd $5
21
Nov
%
Apr
24
Apr
34
133/4
Jan
19
Oct
24
74
Apr
101
Jan
8
121
Apr
148 Va Nov
May
Nov
Nov
1V* Mar
4
5Va
Jan
9
Apr
43% July
9
1%
Jan
3
Oct
7
113/4
Apr
27
Dec
10% Jun
2
6%
Dec
8%
Jan
112% Apr
17
101
Sep
106 Va
Dec
1
Jan
6% May 10
ft
2
2
12
4
45
106
July 12
Jun
July
90
2
May*27
14% Oct
23/4 Apr
32
May
6
2%
44
100
1%
9
Jun
Oct,
60
Dec
82
Dec
8
"4
ls/a
3
Mar
Apr
1% Jan
33A Mar 26
45
Nov
29%
.
Apr
56% May
Julyl3
20'A July
Jan
Dec
17 Va Mar
A Mar
13% Jan
4
Jan
29Va
Apr
13'A Aug
6'/a May 22
Oct
17
'•
191/2
60% Mar
29
Nov
17%
1% Jan
8
May 20
19 Va May 22
Dec
101
11% Apr
30%
Oct
38
Mar
July 10
Nov
2% Oct
20%; Apr
11
30
Sep
2
Jan
32
29
:
173/4 Mar 26
Jun
11
May
May
108 Va
Feb
104
44
15
.
,
Jan
Aug
32 Va Apr
5
18%
Jan
25%
Nov
24% Jun
4
16% July
36
Apr
23%
Jan
47%
Dec
23
Feb 20
6'A Jan 4
5'/a Jan 12
,
61% July 14
36
Apr
513/4
Feb
18
May
29%
Jan
19% Jun
27%
Jan
•6%
Dec
5-
59
8
6
Jan 14
J1/a^eb
Jan
J
9
Jan 21
Jan 4
4% Jan 13
59% Jan 5
24
Jan 13
66
Jan 4
7% Jan 2
150% Jan 4
1% Jan 8
29
Jan 30
20
Jan 28
14 % Jan 2
18
Jan 18
4
16%
6%
6%
243A
48 %
Jan
Jun
Jan
Jan
Jan
Jan
Apr
Jan
Jun
Jan
114%
.11%
13%
75 k
100
-100
-100
85/a Jan
06/a Jan
No par
No par
115% Jun
*^an
263/4 Jan
7
21
6
14
4
4
7
6
21
20
2
4
.
4
2
71/2
Jan
Jun
4
4
28
5
293/a Mar 29
22
Dec
32% Jan
49% July 16
28%
Apr
40%
89% Jun
28
Apr
,
-
Mar
49,
*7%
Jun
90% Jun
55'/a
6
Jan
Jan
76% Jan
Apr
26% Jun
193A July 14
14
100
50
7 Va May
65
26
90
Juri
3
14
26
May
7
Jan
7% May 20
59
May 3
May
Apr
30
PA
Feb
43
May
15% Jan
3
May
26%
Apr
9/ Mar 30
4 3/a
July
77% Jun
5
563A
Dec
15% May
$
Dec
110
Nov
Jan
80
.
uct
46
3%
Dec
65
Nov
Dec
8
102
:
Jun
Dec
107 Va Mar
6% May
July
July
Apr
79
May
103
1173/4 Jun
XliVa
.
Apr
98
112% July
Jan^ 18
Jan 4
Jan 8
Jan 25
8
Jun
8% Jun
10
Feb 20
3% Feb
34% Jan
Oct
Dec
4
26% May
7% Feb 17
Jan 5
Jan 20
Jan 16
102
30
58% May 20
413/4 May 20
106
Apr 20
109% Jan 7
79%
44
3%
70
18 %
2%
Jan
15'/a Mar
16% May 18
18% July 8
133/4 Jan 14
71
%
6% May 28
55% July 14
23% Jun 15
37
Jan 4
68% Jan 2
4
1st ser conv pr pfd
Jan
15 '/a
17% July 15
175
Pittsburgh & West Va——
100
Pitts Young & Ash Ry 7% pfd—100
7
Oct
108'A Jun 18
23% Jan 2
17% Feb 9
46% Jan 9
l3/4 Feb 9
28% Jan 6
5% Jan 6
34Va Feb 18
19
Jan 27
100
100
100
Oct
22'/a
156
Jan 11
July 6
Jan
6
Jan
6
Jan 4
Jan
6
170
preferred class B
preferred class A
16
5
No par
2No par
Bolt
Pittsburgh Steel Co
7 %
.
Oct
Apr
109% May
100
preferred
Pitts Screw &
•:-
*45
•
47
20%
■
5%
9
96
100
preferred
6%
Pitts
16
*12%
-
56
11$'H
!»%
4Va
54%
53%
45
19%
21
*163%
5
*4%
4V2
14%
14%
175
52%
*42
19%
*20%
175
70
70
14%
45
52%
53
45
19%
•
*4%
4%
*52%
*42
,<
*163%
49
49%
*69%
*163 V*
9%
*90
96
49
48 Va
6
9Va
♦93/B
9%
96
*90
63/8
5%
'6%
6
6%
96
25
Pittsburgh Coal of Pa
1,500
7%
.
Flour Mills
C C & St Louis Ry Co
Plllsbury
200
13%
13
13%
50%
50.
preferred
7%
Phillips Petroleum
Pnoenix Hosiery—
Preferred
Pitts
120
*98%
120
20
86
*84%
86
,24%
6%
6
.
38,500
100
..100
No par
100
No par
—
5
...—100
series
Phillips Jones Corp
50
49%
48%
6%
245/e
120
47%
*6
*843/4
24%
49%
tPreferred 4%%
t41/2 %
series
100'
10
Ltd
Philip Morris & Co
60
112%
12%
48%
3
Corp
280
97
49%
t$6 preferred————No par
Elec Co when distributed—
1,200
111
110%
1.1.0%
12%
87
*86
237/a
110
*93
48%
*5%
6
*86
110
Xll2%
•
13%
48 Va
48 Va
47%
xllO
97
>97
100
*90
114
*12
13%
*12%
1,380
90
110
tPhiladelphia Co 6% preferred—50
48%
893A
110
Co—--y.No par
of America
5
Pfeiffer Brewing Co
No par
Phelps-Dodge Corp
125
Pet Milk
Petroleum Corp
89
233/4
110 %
100
50
—5
100
100
Pepsi-Cola Co——————1
Pere Marquette Ry Co
100
5% prior preferred
100
5 % preferred
100
19%
90
110%
No par
No par
Sand Corp
preferred
Pennsylvania RR
Peoples Drug Stores Inc
Peoples G L & C C (Chic)
IPeoria & Eastern Ry Co.
49'/a
3%
13A
33 Va
13%
No par
Cement
$7 conv pref ser A
Penn G1
18
—
Coal &
Penn-Dlxle
80
Co
Penn-Central
Penn
,
No par
Airlines Corp
1
Coke Corp
10
(J C)
Penney
89%
48%
49
89
19%
25%
27
23%
23%
♦89%
/,
48 Va
90 Va
19 Va
19%
19'A
49%
*88'/a
38
'
26%
Penick & Ford—..
5%
*109
*109
.■
30%
100
__2.50
No par
10
-No par
Transportation
Patlno Mines & Enterprises
1,300
17
*16%
17/.V
■
43%
43%
44
43
17
Parmelee
25%
9%
20
Jun
1% Jan
2
27'/a Jan
7
16
Jan
7
l3/a Jan
5
23
Jan 12
55
Jun 14
No par
Co
Davis &
6%
Apr
July 16
116
1
Park Utah Consol Mines
18%
25%
.
17 % Jan 22
18%
6
par
Apr
28% May 24
29 '/a
.1
18%
25%
2
Jan
35'A Jan
4%
16
44% July 15
100
Jan 22
15% Jan 12
Parke
■
105% Jan
conv
5,700
56%
:
No
1
Mar 15
Jan
5
Jan
4
Jan
2
preferred
.100
Paramount Pictures inc———1
4%
10,600
6
17
Inc
Cos
Parafflne
Transp
&
2%
18%
3%
Petrol
31%
25%
73/4
American Airways Corp
Pan-Amer
2%
98%
:
5
5
tPanhandle East P L 5.60% pfd_100
Panhandle Prod & Ref
1
Pan
16% Jan
3% Jan
2
9
Jan
4
2% Jan
2
23% Jan 20
7% Jan 16
10
No par
Motor Car
31%
56%
7%
,—..100
—1
6% Mar
6
29
25'/a May 20
91% Jan 25
148
Jan
5
100
Oil Corp
Pacific Western
$ 2%
15
56%
37%
37%
30%
•30
•
Park & Tllford Inc
54%
15
♦55
32,400
573/a
30
60
60
70
*0%
i
300
.
'
tPaclfic Telep jt Teleg
t6% preferred
...
31%
2%
31
43% ! 43%
24 Va
*233/4
%
30,300
105
*100
30%
*30
:
u
AS
«A7»/2
3/4
390
112
99%
*109
24%
<■
6%
*163/4
30 Va
29%
7
105
1,400
3 s/a
.————No par
Packard
*55%
3'/a
*109
30
29%
i
^7%
*100
25%
18%
•
44
30
3%
Ltg Corp
Pacific Mills...
24,200
33,800
.
10
23'A
33
19
No par
Pacific
Pacific Tin Consol'd Corp—.,
98
17
29%
*111%
33/4
.
par
Facifio Finance Corp (Cal)——10
Pacific Gas & Electric
25
21,200
5,200
573/8
3%
■
103A
111%
3%
18%
6
73/8
*16%
*109
*109
43
>
103/4
110%
2%
25%
57
3%
3%
103A
313/a
18 Va
25
243A
25
24%
6 Va
5%
5%
5%
5%
40%
31
2%
18
31%
'
•
39%
*10%
30
x31
31 Va
43/8
17
393/8
43%
*30
23/8
2%
2 Va
31 Va
31%
4'A
'
38 3/a
105%
29%
31%
*30
31 Va
;
•7'2:>V
53/8
*16%
43/8
3%
*43%
30
220
5 s/a
5%
17%
4%
10%
*100
105%
*100
155
5%
in
3%
43
43
44
105%
-
116
130
40 Va
10%
110%
4
3%
400
1,400
4%
39
111%
10%
111
111
8,400
:
17%
.
17
4%
40%
'
13'A Apr
50% May 20
23% Jan 5
14 V* Jan 13
preferred——..—.No par
preferred
26%
154%
154%
1533/4
5%
5%
16%
5%
16
1st
—No
13% July
2
5
2d
45
116
15.6
*115%
155
*153%
154
154
39%
*30
31%
*2
26%
407/a
?9%
30
29%
26%
26'/a
4%
*100
104%
104%
*441/2
115%
73/4 Jan
6% Jan
300
29%
29 s/a
44%
4%
*42%
44
*42
29 3A
44%
3%
3%
■
29%
43%
4%
111
110%
3%
29%
*9%
10%
*9%
110
29
43%
115%
5
10
Co
310
16
*15
16
*15
Coast
Pacific
49
22
29%
40
41%
16
<15
16
240
'
#
Pacific Amer Fisheries Inc
22
*47%
.
43%
157/a
4'A
4%
22%
22%
23
5%
*15%
49
22
*114%
115%
15%
48
22%
26 Va
27
*15
48%
*47%
29%
26
27
5%
11
49
*43
43
26
10%
11%
*15
29%
V4 43
11
*11%
22%
16
•
11
1,400
13
11%
*48
227/a
29
29%
29%
*123/4
13
11%
11%
'
13
*123A
13 Va
13
13
13%
7
7%
Apr
193/4
Oct
~4%
Sep
38%
6%
68
10% Nov
9
165
Feb
165
181% July 12
165
May
175
170
Jan
G7/e Jun
7
10'A May 11
33/4
4
.
Dec
May
Oct
Jan
Jan
Feb
Feb
5%
Jan
6 3/a
Jan
47%
Apr
52% May 12
20
Jun
33 Va
Jan
Mar 31
58
Jun
70
Feb
90
75
July
8
16% Mar 29
162
May 18
6%
153
Jun
July
!: 62
Oct
10%
153
Jan
July
53/4 May 29
61% Jun
1
46% Jun
14
213/4 July 16
11 Va
Jun
14%
23% Apr
5
15 Va
Jun
18%
Oct
Jun
1
3% May
5%
Jan
3
9%
13
22% Mar
Jan
21
Jan
Sep
5%
Jun
8 Va
Jan
Jun
4
6 V8
July
8 3/4
Jan
40% Ju*i
57 '/a Jun
3
22%
Jun
29 %
Jan
8
42
Feb
523/4
Oct
Feb
13
115
Feb
122
Oct
Jun
14
Va Jan
133/a May 29
13
123
5
16% July 14
93% July 16
17% Apr
9%
62
Mar
86 3/a
July 16
73% Mar
x99Va
Jan
112% July 15
79% Mar
111
Jan
129% July 15
99
Mar
123
Jan
6
111% Mar
116
1
20 3A July
106
1203/4 July
40 Va
July
28%
Jan
Oct
Nov
Volume
158
Number 4195
•
.
.
THE COMMERCIAL & FINANCIAL CHRONICIE
•
•
•
.
NEW YORK STOCK
LOW
Monday
Saturday
July 10
$ per share
ll3,4
$
18
$ per
18
♦111
116
nil
104 %
*104%
104 7/b
21%
21%
*14
17%
14%
:>/
1 £ /'ft!
►112
14%'
18%
■
*112
105
21%
21%
*141/8
18%
115
22
14%
105
21%
14%
18%
22
}V14%
19
*112
14%
Oil
Pure
6%
Range Since January !
Lowest
„
V
2,400
—No
Quaker State
$ per share
11
oil Ref
par
10
Corp
3
92% Jan
Lowest
$ per share
14
100
No
Jan
104% Feb
par
Year
...Highest
100
Purity Bakeries
600
14%
(The)
preferred
conv preferred
5%
2,200
•
22%
*14
Range for Previous
STOCK
Par
34,600
105
21%
YORK
EXCHANGE
115
104%
5..';
NEW
Shares
$ per share
19%
for
the Week
July 1(5
116
104%
Sales
Friday.*
$ per share
share
104%
105
21%
14
18'/a
18'/a
115
104%
21%
21%
$ per
share
18
us
104%
nil
Thursday
July 15
July 14
July 13
share
per
STOCKS
Wednesday
Tuesday
•;
July 12
RECORD
PRICES
SALE
HIGH
AND
261
.
,
19% May
,
v
Highest
t per share
7
Apr
90'/a May
80% Jun
11%
Dec
106%
Deo
2
110 '/a July
1
105
July 13
92%
Dec
13% Jan
2
22% July 13
9% Mar
14%
Nov
10% Jan
4
10 y4
Oct
4
14% July 14
8% Mar
kk.V;V-.>7;k ,;;/
'
1.v;
li)42
.
per share
O
:
K
11%
11%
70
70
9%
11%
11%.
691/4
9%
96%
.
28%
69%
9%
k
'
9%
97%
29
11%
r
.
70%./
10%
9%
97
97%
'
28%,
*28%
11%
70%
t
70%"
.
9%
97%
*28%
11% V
11%
C9T/a '''
91/4
7-> 97
96%
28%
/
?, ;
23%
28%
14%
14% k.
14%
14%
30
301/4
30'A
29%
29%
20
kV 191/4
19%
xl9%
201/4
34
34
34
k *33V4
14%
141/4
*33%
7 •;
34
34
...
9%
29
19%
,30
14%
34
:;k 97
14%
29%
*33%
"
29
*5
5%
76
70
29%
29
5%
*74
70%
70%
*10%
11
*18%
19%
18%
18%
18%
11
78
78
kV:'
19%
20
84
9
;v'"
11
19
:
kv
11%
/19 kk
iikk
78%
78%
78%
791/2
*52%
53%
53
53
9
9%
9%
*18%
79%
52
9
19%
84
9%
*90%
92%
*91%
93
69%
69%
*69
101
*100
85
85
70
•
85%
;
19%
9%
9%
*91
,
18%
IOOV2
84
9%
•
■20
*98%
19%
9%
.
18%
9%
93
20%
69
86
85%
9%
85%
8%
91/a
110
15,300
12%
12%
13%
13
13%
13%
13%
12%
131/4
90%
901/2
90%
90%
90
90%
90%
90%
11V8
11%
11%
11%
11%
11%
11%
11%
31%
31%
31%
32
32
32%
31%
38%
38 «/2
*38
38%
38
/
10%
11%
llVa
15
*14%
48%
*33%
*14%
11%
11%
*8%
8%
*8%
26%
26%
26%
27%
27%
17%
333/4
33
171/4
17%
17%
49%
34
*49
343/4
*49
>
35
17%
10,200
90
100
Ritter
600
27%
1,300
Antelope Copper Mines
Ruberoid Co (The)
No
Rustless Iron & Steel Corp
40
351/a
\k
%
U
%
%
m
li
1%
1%
1%
1%
1%
1%
1%
*5Va
6%
*5%
6%
*5%
6%
*5%
6%
♦51/4
*71/2
9%
*7%
9%
*7%
9%
8%
9y2
*7%
10
45 %
45%
45%
■112%
112%
9%
'
45
10
35%
*41.
42
113%
111%
111%
111
k
36%
♦105%
42
*113
*41
113%
114
*U1
Vkvl/L
1%
45%
111
9%
•111
114
1%
'ik.
1%
2%
2%
2%
2%
2%
2%
24%
24%
24%
♦3%
25%
25%
251/4
25%
3%
,
3%
821%
84
16%
16%
163/4
17
•70%
16%
70%
14%
16%
16%
17 /;//:
17
17
17%
17%
*71
71%
15
15%
1%
46
43%
43%
28%
28%
4%
4%
4%
3,700
5,500
26%
26%
,26»/4
26%
4,900
1%
27%
13%
M%
26%
12%
26%
26%
*1%
1%
*1%
*26%
26%
26%
27
12%
■;
12%
12%
41
114
13
407/s
40y4
40%
1%
.
*1%
13%
41%
33
33
33%
33%
33%
35%
24%
24%
24%
24%
24
24
13%
14
14
14%
14%
14%
*113
3%
37/a
37/a
37/a
*25%
26%
*25%
26%
28
*28
28%
*146% 155
*146
24%
24%
13%
13% k
13%
,28
28%
'148% 149
13%
28%
27%
133/8
46
6
/■.v.
54
28%
28%
43%
59
43%
6%
63/8
501/a
39%
116%
k
39
'
117
k: 73/8
113
-391/2
*116
7%
117
1%
*116
75%
1%
3%
44
6%
1%
--
3i/a
k
3.16%
k k
27%
33
43%
44
,
8'/a
29%
28%
28%
29
61%
6I1/2
61%
61%
61%
.1.31/2
131/2
.13%
.13%
*48%
13%
13%
*53/4
29%
30%
44
44
*58
59
44
58%
8%
116%
116%
116%
63/8
*68
116
-
6 %
1,400
6 3/8
570
41.3/4
5,300
116
68%
116
*115
73/4
114
7%
*114
k
1%
73/4
115
7 3/b
;
,
*114
374
80%
30
>
2974
3 0V4
3iy4
*30%
*11'4
11%
11%
11%
26
26%
26%
26%
see
29%
••
31
page
79%
*301/4
2G3.
•
1.1%
26i/4
Jan
10
Sep
Apr
44
Jan
Jun
110
Jan
29%
104
I2V2 Mar 26
x93/8
373/4 Apr 19
1053/4 July 15
12 3/4
7%
5%
Dec
19%
Jan
Apr
78
21%
Dec
May
25%
98
1,200
' 3%
3%
27V4
27%
33% Tkkk33
397/8
39%
$4.50
115
Feb
16
23
112
113%
Dec
a#a Jan
2
2
Mar
1
%
Jun
A
Feb
% Jan
2
4% Mar
1
3/b
Dec
lVa
Sep
26 3/s Jun
1
10%
Apr
17%
Dec
41/4 Jun
10
l3/4
Dec
2
9
Jan
54
7
106%
kk
l6i/4 May
5 74 Jan
8
10% Jun
••
•
31 »/2 Jan
4
14
5
5
16% Jan
2
28
No par
15
;
1
21
281% Jan
Jan
2
Jan
6
19
25
30
10 y8
Apr
18%
Dec
7
2'/a
Jun
4%
Jan
35
18
July 13
20% Aug
27
43% May
1%
19% Apr
4
Apr
100
Jan
July
113%
Deo
15% July
20%
Jan
15%
Nov
391/2 July 16
251/4 Jun
2
15 >/4
9
10
Apr
6% Mar
July 15
Apr
6
30
Jun
149% July
25
2114 Jan
Apr
10%
1% Mar
26M2 July 16
2
14
v
17«/4 Jun
26%
6
122% Nov
144%
Jan
21%
Nov
147/a
6
Apr
9'/4 Apr
14% July 14
12%
Jan
3OM2 May
5
10
Jun
18%
Nov
30% Apr
5
18%
Feb
493/a May
5
12Va May
23% Jun
39.
66
5
34%
Jan
50 % Mar
l'/4
Apr
1%
Nov
35V4 Jan
4 2 Ma Jan
12
2% Jan
6
61/2 Jun 30
Jun
28
10
54%
./
•/:
39%
2074
12.7.,
261/2
113
Feb
17
33 7/8 July
40
8
31%
12Mr
26 74
27
,
37%
12%
26 %
26%
Oc*
Jan
6
Apr
131/4
Jan
29%
C-t
18
Mar
38% July 14
20
Apr
29
Dec
26
2
59V4 July 16
30%
Apr
47
Dec
-.—25
37 Mb Jan
4
451/a May 26
251/4
Apr
40
Nov
Jersey
Standard Oil of Ohio
.
"
3,500
Standard Steel Spring——
/
Co
(The)
Stewart-Warner
L S
1
No
Corp
5
21,500
Stokely Bros & Co Inc
10
21,100
Stone
12%
22.900
Studebaker Corp (The)
54%
2,300
"k ;k- 10
6%
Sun
&
1
Webster
J
Oil Co
Class A pfd
-No
Sunshine Mining Co
2,500
3 74
34,100
79%
700
30%
307/a
31%
31%
1.000-
Superior Steel Corp
Sutherland'Paper Co
12%
12%
4,200
Sweets Co of Amer
26%
27
9,400
Swift & Co
.
4,600
Co (The)
Superior Oil Corp
nt
Apr
Jan
29
2
7Ma Jan
12
4V4 Jan r 2
2
5% Jan
5% Jan
6
48 Mi Jan
6
par
122
Apr ;9
2
100
2074
374
OH
7
25
59% Jun 24
par
100
cum)
Superheater
9
1
No
(4% %
7,800
par
10
79%
0
2%
11%
8
2074
31%
12%
% Apr
5% May
12
13 ,-13%
12
%
46% Jan
13%
31%
Jan
A Sep
281/2 Jan
13%
30%
/ '
2M4 Mar 13
28% Jan
13%
30%
Jan
110
25
Calif
13%
79%.,-
5
891/4 May
,
6
Jan
par
of
13VSs
79%
Jan
113
No
Standard
13%
79%
Feb
49%
oil
17 500
Sterling Drug Inc
r
July
114
Apr
109% Aug
2% Apr
9
Starrett
.«
Jun
6
17
5
1,300
4
116% May
Dec
40 V2
.
IOM4 Jan
3,900
30%
•
681/2 July 16
108
116% July 13
10
No par
11,800
29%
31
28
Jan
prior preferred
cum
8%
79%
30%
Jan
49
$7
61%
20%
Jan
109
Jan
7.300
30
3%
38%
28
61%
20
Jun
42
5
30
4
27%
Jan
4
61%
21
July 14
33
Jan
29% /'
3%
,,
Jan
1V2 Jan
8%
20%
4
79%
Jan
45%
No par
61%
130
4%
Sep
—No par
29%
6
Sep
29%
$4 preferred
8%
54%
2%
fi
$6 cum prior preferred
61%
,7., *127%
26
51% Mav
Mar
2.000
30%
6%
Jun
7
3 // Jan
35% Jan
2
1,500
55%
60
i"a Jan
44%
128
37
Mar
par
44%
6%
Jan
Sep
49
No
44%
54%
31%
Nov
30
8
44%
128
Dec
21%
Feb
July
'
3
114
44%
k
24
2b
July
No par
Standard Oil of Indiana
6%
59
Apr
44
2
Stauuard Oil of New
55%
3%
Dec
17%
597/a Jan
7
21,600
128
Aug
31
Ci
351/4 Mar 15
Jan
4Ma Jan
22,900
6%
2
32i/4 jan
100% Jan
38%
54%
24 % Jan
57
par
13
■
6%
July 13
par
59y4
*126%
128
Jun
31
Oct
3
2,700
•.
33%
13%
55
No
37%
13
4
26
2% Jan
No
13%
77
Jan
21% Jan
33
Brands
58%
8'/a
6
6
100
38% k
'
Apr
No par
59
;
par
1
38;,/;
8%
Jan
10
No par
61%
k
Jan
15% Jan
1
30
.:
Jun
10% Jan
No par
58%
;
Dec
2%
15%
Apr
15% Jan
No par
Standard Gas & El Co
Oct
65
108
2
5
30%
8
No
61 Sons
Dec
Nov
Mar 31
126'A Apr
118
100
preferred
Dec
par
7.50
preferred
Nov
Aug
17
19
15
7%
11% May
% Apr
Jan
Jan
11
May 29
10 yB Jan
20V4 Jan
Dec
Nov
Apr
15'/4 Jan
132
Jan
9%
66
Xl3% July 14
11
77
111
,
27
2
60
Apr
Apr
41/4 Mai;
30y4 May
1% Feb
July 15
Jan
10i/4 May 21
Dec
10% Nov
July 13
29
2% Jan
Nov
Hi/4
Deo
47/a
54%
-
.62%
Jun
46
1774 Jan
33/a Mar
Apr
62
8
..
,
Jan
8
5
731% May
•
:
431/2 May
4% Jan
17% July 6
72% July 16
4
Apr
•109% Aug
Mar 23
/
7
—No par
38%
v
Jan
4
May
preferred..-
Standard
100
Dec
116
l
2
Rj
Oct
39
Feu
No par
$5 pref series A
50,600
1%
conv
Squibb
Sep
43
,
20
(The)
59
44%
■"}, 8%
29
3 74
/
*3074
footnotes
20%
374
75/8
3%
9%
80
Jan
5
•
11
Jan
Square D Co
___
115%
k 27%
27
12%
20%
9% July 16
—5
$3 conv preferred A
tConv $4.50
100
116
3%
3%
1%
12%
3%
1121/2 Jun
874 Jan
Spiegel Inc
140
68%
1%
10%
*78
*
116
1%
9%
6
7
2
8
64% Jan
1
Spicer Mfg Co
•
10,900
41%
V
Sperry Corp
170
503/4
12%
20%
20
58
6%
12%
5474
457/a July 14
Mar
No par
10,700
•
50 3/4
—
*115
3,700
433/4
57%
10%
*126%
7
Mar 11
100
29%
29%
9%
5 74
Jan
35
No par
15
$5.50 preferred
Spencer Kellogg & Sons
12%
54%
13
No par
tMobile & Ohio stk tr ctfs
800
9%
128
9
9
No par
No par
500
12%
574
16
17% Jun 25
No
30%
9V4
54
Sep
Jan
7% Jan
4
853/8 juiy 14
Co
54
k 43
4.1.3/4
kk
'vk6;k:
121/a
*126
57/a
Nov
1 Vb
12
Ry
preferred
*30
.
30%
9%
55
A
Jan
59% Jan
Sparks Withington
Spear & Co
12%
128
Southern Natural Gas
50
5%
9'/2
*54
Jan
%
\ 10% Jan 13
Edison
*48%
6%
54
k-.30'k:;
30
60
53/4
1174
*126
A
1
_
-.—No par
——.15
38k
13%
For
'
6
41%
"k
8
14
1
31/8 Mar
8
-No par
58%
'
29
2.9%
54
57/a
*5%
39%
44
3%
"k
39%
44
*19%
5,900
42
3%"
59
*79%
465/s
*58
40%
1%
38%
58%
5%'
46%
58
39%
37%
59
13%
—
Southern California
463/4
39%
391/8
37% ™:k,
58i/4
'
Jan
k 1% Mar
3
Jan
So Porto Rico Sugar———Nopotr
6% preferred
——
—,..100
46'%
39Va
38%
9%
34%
6
2
58
58
32%
■
May
Jan
33
4
Southern
33%
8%
-
% Jan
,
11
5%
7
28
161/4 Jan
Southern Pacific Co
32%
8%
23
2
;
2V4 Jan
7,400
33%
37%
8
36% Mar 30
281/4 Jan
16% Jan
17,100
32'/4
;
Nov
Nov
1
57,900
33'/a'
7 44
13%
47%
-5
5,900
Dec
May
34% May
South Am Gold & Platinum
145/s
28
58%
12%
247/8
Nov
Nov
21%
18% Jun
par
No
Socony Vacuum Oil Co Inc
30
Feb
491/4 Mar 19
par
Smith & Cor Type v t C-.
5,300
'Jan
6%
6
8'eastern Greyhound Lines,
29
9
9%
-
4
Jan
800
150
Jan
11% Jan
14,200
26%
16
Oct
Jan
54
43
111
t$6 preferred—————No par
Smith (A O) Corp
i
10
267/8
27%
38%
13%
4
27'/a July 14
Jan
Jan
27%
Apr
6% Apr
3% Jan
8
par
k—;
28%
V
7
8%
5%
Apr
6%
!
4
9
—
14%
,
51
7%
3%
37
S%
600
•
101,400
171/4 May
9% May
201/2 Jan
1
26%
27%
58%
12
'
10U00
'
2
Jan
85%
31% Nov
11% July 16
8
Jan
Inc
27%
50%
*113
381/4
13%
14%
6%
*1143/4
37
13%
24%
'
7
Jan
100
Roebuck & Co
29% k
27%.
.
7% Jan
x20
Oct
74
Apr
3% Mar
2
5% Jan
7%
129% Mar
75%
2
38% Jun
38
Skelly Oil CO
tSloss-Sheffield Steel & Iron—100
.
32% Jun
v
9
_5
27%
50%
116%
1%
3%
27%-; 27%
337/a
4
par
Corp
27%
47%
2
34% Feb
Jun
May
61/4 May
1
Jan
Jan
1073/4 Jan
25%
*68
--;..'
115
1%
3%
27%
.61%
243/4
6%
7%
<S113
33%
■44
28%
*146
50%
40%
-
;/:■
58
117
7%
114
:
29%
150
14
251/4 Jan
4'/i
11% July 13
.No
Sinclair OiT Corp-,
-
7%
1%
26%
31
29%
51
116%
k/ k
37/a
26
6
31
kk
44
;
*67%
-4
25%
6
*47%
:
58%
393/4
1161/4
113,',::
3%
*50
37/a
26%
5%
30
6%
•
*65%
.
*1.1.6
6%
115%
,
463/4
54
43%
50%
14%
6
291/8
6%
39%
'
93% Jun
2
Simms Petroleum,
—10
flimonds Saw & Steel-k.—No par
1,800
24%
14%
•
k;
31
*58
50%
39%
*1.1.5%
k
37%
14%
14
7
15
———
:
24%
27 3/4 k
2
Jan
12
tSheaffer (W A) Pen Co
1,020
15%
24%
July 16
7% Jan
5% Jan
80
Jan
Silver King Coalition Mines
Simmons Co
'600
ll9
38
24%
54
7
Dec
86%
781/2 July
20
96
preferred—
Shell Union Oil
1,000
122,900
-
114
24%
29%
*563/4
31
59
42%
117%
*113
14%
29%
18
Feb
_No
Shattuck (Frank G)
180
.
5%
19
■
*47%
433/4
*58
50%
k
30
29
42%,
118
114
*146
Feb
70
193/4 Jan
$3.50 conv pref ser A—
3,900
1%
26%
13
.42%
24%
29%
98
7
5 /
No
Sharpe & Dohme
100
10%
37
27%
.
10%
15
14
;
6
30
*42%
:
6
6
54
k; *47%
*58
*65%
5%
k
.'
10%
2,800
*
73
24%
155
24%
.
58
6
42
116%
*113
29
47 /
*56V2
k: 6k{.:
6
30
463/4
58
5%
5%
27%
'
46%
...
29
29
27
27 S/8
41%
117
*71%
4%
*146
133/4
283/8
28 5/a
26%
♦57
4
*25%
243/s
27
58
14%
4%
12%
14%
73
37%
36
26%
*20%
114
*24%
24%
27 3/,
46%
115%
*113
243/8
'«
26%
'
37/a
n49
24%
114%'
114
*25
'1
27%,
41
114
*113
114%
1%
*26
114
114
27
xl2%
,
114
28%
100
29
26%
6
13
72%
14%
28%
4%
261%
5% Jan
Dec
Nov
100% Mar
Dec
85'/2 Jan
Sharon Steel Corpk
No par
.
$5 conv preferred———No par
*43%
114
*293/4
15%
70
64% Jan
2,400
29
3%
4
17%
42%
4%
73% Jan
Servel
287/a
4%
-
Jun
6,800
42%
4
Sep
15,400
29
28%
Jun
13%
x94%
163/4
46
44
v
4%
2%
20% July 14
101% May 24
!? 86% Apr
6
84%
10V4
45
6
71%
49
Jan
6
100
10%
*113
*47%
71
14%
*71%
10% Apr
Mar
38%
2
72%
71
73
2
X55
Jan
3%
10%
*71%
Dec
41/4 Jan
16%
17%
13
95Va Jan
5
Seaboard Oil Co of Del
Sears
7% May
July 16
91/2 Apr
Feb
5
12
14
Dec
7%
Dec
82
16%
85%
•/17
.
22
Dec
16
59% Jun
.100
ISeaboard Air Line
Seagrave
Apr
6
Dec
10% Mar
4
par
-
preferred
4-2%
19% Jun
Nov
6
4
83
10%
25%
*26%/ 26%
11%
12%
6
kk* 3V4
10
4%
26
*53/4
3%
10%
10
28% ,29
46%
2,800
14%
45
*56%
25%
72
4%
27%
25'A
14%
28%
•
8,400
20
Sep
3%
70
Hi/4 July 14
May
23%
Jan
11
75% July 16
20
69% Jan
$4 preferred—
18,500
3%
72
45
40%
83%
163/4
■"
1%
2%
72
4%
•1
kk; 20k
1
14%
,28%
25%
♦3%
71%
114
''
25%
3%
71%
♦111
•'
1%
$4.50
2%
25
853/a
17
113%
*70
10%
45
Bcott Paper Co
14%
72
10%
800
*3%
71%
*71
14%
*70
41%
841/2
17
No
Schenley Distillers Corp
5 % % preferred
—
*
*113
Jan
8
42% Jan
-100
_
preferred
Savage Arms Corp
500
41
5
4
12
5%
5,000
■
Jan
100
.i—.
8,200
3%
16%
920
111%,
Jan
6
May
1% Jan
39
12
105% Jan
Safeway Stores
4,600
20
14 Va Jan
100
93/4
■
29
par
preferred
363/4
84%
kk
9%
5%
105%
1
5
5% Apr
75% Jun
10
36 %
21%
Jun
8
—100
105%
114
kT'/k'
30
14
'
Francisco
preferred
36%
3%
16%
16%
111%
42%
22
31/a Jan
661/4 Jan
1
tSt Louis Southwestern—
50
.
Louis-San
1053/4
83%
■
111%
:
20
22% Jan
par
Joseph Lead
6%
10
'
45%
♦111
25%
82%
453/4
97/a
ISt
6,500
:
6%
453/4
113%
2%
%
■
8%
*41
:
1.
*3%
6%
St
1,600
3/4
1%
8%
*113
2%
82
6'/2
93/4
Nov
No par
36%
113%
1
f
28%
No par
$2.50 conv preferred
6,900
353/a
V
ik
No
Mfg
1053/4
37
1053/4
421/4
*113
k
111
■
111%
93/4
36% 1
105%
41
113%
45%
111
9%
35%
105
42
*113;
.
453/4
112
9%
35%:
105
*104%
42
*113
111
10
35%
105
45%
112%
9%
35%
*104%
45%
112%
■
■
Corp
_
1,600
35%
353/a
17%
49%
14
23% May
Roan
49%
1%
34% Mar 33 k
10
Tob class B
8%
17
%
20
1
11%
17%
1%
26% Jan
_100
*27%
,
Feb
Nov
No par
i—;
15%
Oil
Deo
15%
10
Dental
12
26%
Apr
100
tCommon
Richfield
Jun
11%
100
_
8%
•
7%
23% July
No par
Spring——
Reynolds (R J)
15,800
Dec
100
preferred
conv
22
3
1
11%
49%
1 Vi
'
5%%
Jan
100
preferred
Reynolds
15%
5
No par
*14%
•
27%
*49
35%
32
k
Inc
preferred
Reynolds Metals Co__
4,500
38
t7%
Dec
30% July
25
t5%%
410
11
8%
17%
49%
14
91
107/a
15
8%
49%
12%
90%
,
11%
15
*8%
17%
34
38%
11%
15
*14%
*48%
48%
11%
11%
:
*37
26i/4
26
17
*16%
38
8%
8%
26%
*25%
32%
37%
11%
31%
15-
*14%
*8% k:-<F>kk
k
kv
10
68
54 %
22% May
100
Revere Copper & Brass
13,300
93
68
Dec
Jun
6
1
6% conv prior pfd ser A
1,000
93
Motors,
Dec
34%
2
__100
Republic Steel Corp
6% conv preferred
150
68%
11%
:
51,800
-<
26
7
Dec
3%
26 % Jan
10
Reo
9'/a
15% Jun
IIV4 Jan
5
99%
Apr
14% Jan
No par
500
90%
38
1st pfd
Mfg Co
Remington-Rand
Preferred with warrants
12%
31%
& Co
Reliable Stores Corp
Reliance
tRensselaer & Sara RR Co
11%
31%
(Robt)
500
20%
7
6
100
93
*68
.
Reis
-430
101
29% Jun
100
Hosiery
190
k
2
Jan
2
50
2d preferred
Silk
Preferred
«
1,300
89%
*37
Real
82
19%
99% July 14
2% Mar
■
50
1st preferred
53%
*9
7
21
_1
3,900
*100
54 % Jan
4
50
80%
9%
70% July 13
lOVbJun
1
46 Va Mar
2
25
18%
'
69
68%
k-f; 4%
110
19
12% May
4
par
Inc
53%
20%
9
■
18%
100
93
69
5%
*85%
9%
*91
19
19%
100
300
75%
11
k;k-:ll'-:k
No
preferred
$3
5%
'
19%
Rayonier
4%
75
2
Jan
3% Jan
k
100
Reading Company
2,500
29%
74
11
♦18%
3,800
'.•-,-700
300
•5
74%
78%
101
kv 84
"
4% Jan
59
1'
Raybestos Manhattan
34
*74:
52
18%
19%
No par
Radio-Keith-Orpheum
t6 % conv preferred
900
14%
75
71
k'-kk
30
*33%
*28
5%
*74
18%
9'%
*98%
'83%
70%
kk
29%
*5
,
78%
:;k 191/4
102
;
,
18%
9%
*98%
70%
11%
*18%
*28
5%
74
29
19%
•-34'"V-~
52
*511.4
9%
29%
74
19
k
*11
19
78%
52
*5
71%
70%
18%
*28%
5%
76
11
52
9%
*5
;*74
70%
*18%
;
29%
29%
5%
76
*74
1,780
30
;
-
*28%
'k
98
Corp of Amer
$3.50 conv 1st preferred—No par
1,900
70,600
14%
19%
Radio
63,400
'
10 ,f
*28%
29%
>1*19-
11%
70%
11%
*70
,.
10
99%
30
; 14%
19%
11%.,
70
.
9%
96%
19%
14
*29%
,
99%
*28%
:
11%
63%
.
Cnlif
(The)
No
3% Jan
par
12% Jan
2
11/2 Jan
2
1
6% Mar 13
-,
July 14
May
9 '/2 May
May
14% Jun
14
7
5
631/2 Mar 30
July 15
7% Apr
22
1.
May 23
41/4 May 10
P2
May
Dec
34%
Jan
Apr
62
Dec
5%
Jan
81/8
3% Mar
July 12
10% May
-
4%
Nov
Jan
4
Apr
6%
Nov
3%
Jan
61/4
Nov
43
116%
55%
Apr
Apr
37/a May
11% May
128
-
Jan
Deo
5%
Jan
15Va
Jan
-Apr
1%
Jan
9 % May
16%
Dec
26 %
Dec
1
7
,RA 3/, F"b
100
14% Jan
20
31% May 27
10
261% Jan
4
31% Mar 25
—12%
4% Feb
1
121/2 Jun
5
27% Jun
2
25
£i%
42
1
7
13% Jun
128
Dec
5
3IM2 Mar 31
k 66
*><
—_
.
17%
Feb
3% May
20
Sep
4% Aug
25
Jan
STOCKS
July 1
July 1»
$
$ per
per share
34 ¥2
34%
34%
35 ¥4
34%
35
7 ¥4
7%
IV*
"34%
35
34%
7%.
7%
t per
34%
33 ¥4
33%
.
29
i
Corp__r
Symington-Gould
7,400
1:
"
*42 ¥2
42
44
*42%
XL
4%
4%
*4 ¥2
4¥4
12%
2,600
4%
4%
12%
12%
12%
12 ¥4
12%
12 ¥4
52%
53
53
53%
52%
53%
52%
53 ¥b
V 52%
53
6¥a
41 ¥4
41 ¥A
16%
16 ¥4
12
12 ¥4
12
28
28 ¥4
28
28%
28
10%
10%
10 ¥4
10 ¥4
*10
7%
82
82
8%
8 ¥4
46 Va
46%
*46%
22,200
Texas Gulf
2,800
Texas Gulf
17 ¥2
17
17%
17
17 ¥4
17,300
13 ¥4
ft 12%.
16%
13%
12 S/8
12%
21,300
Texas Pacific Land Trust
26%
27%
26 %
27 ¥2
12,600
Texas & Pacific Ry Co:
:
10
10 ¥4
*9%
10 ¥4
3,400
45
45 V4
-590
*13%
14
14
14%
*32
32%
32%
32%
9
14%
2%
24%
24%'.
14'%
14%
15 y2.
15 ¥2
100 ¥4
100%
100%
100 ¥4
29%'
29%
29%
29%
29%
29%
29%
30
29%
30
26 ¥4
49
49%
49 ¥4
49%;-
49%'
49
49%
495/a
49%
49%
9 ¥2
x87/a
9 ¥4
24%
2AV*
2d u.,
9%
9 Va
9Va
9
9%
24 ¥2
24%
24
24%
18
15%
15%
*15 Vi
8 %'
"
22
22%
23%
23
23%
32%
33%
33 ¥4
3A
34
72 Va
11
11
83 Va
84
83%
74
74%
74%
490
1%
11%
11
11%
ll¥a
11 Ve
6,000
Twin
*55 ¥4
55%
55%
56
56
56
55%
55 ¥4
900
11 ¥4
11 Va
11 ¥4
11 ft;
11 ¥4
10 ¥4
11 ¥a
17,200
85 ¥2
85
85%
84¥i
85 ¥2
21,100
Union
117
*115%
*112 ¥2
113
116Va
*115%
*112%
113
21%
100 ¥2
100 ¥4
22
90%
907/a
90%
91%
91 ¥4
27%
27 V8
27 ¥a
27
27 ¥2
27 ¥2
27%
27%
377/a
37
37 ¥4
36 ¥»
37%
113
113 %
114
*113%
*H3¥a
317/a
21 Va
21%
68 ¥2
67 ¥2
*25
26
25
25
•:,% 24 ¥2
1%
2
1%
2
13 Va
13¥a
13%
8 ¥2
8%
13%
13%
8 ¥2
8%
*62 ¥2
7¥4
7 ¥»
32 ¥a
73 ¥4
32%
74
8%
65 ¥a
7%
74%
V
/i
113 ¥4
30 ¥2
31%
30 Va
21%
21%
*21 Va
32%
74.v.
74%
25 iV
*25
14
13%
ft 33?
33
17/B
1 ¥4
34%
33 ¥4
8%
8
63 ¥2
77/B
77/B
7:¥4
*32%
74%
v
700
Biscuit
United
!
Carbon
44;500
1%
29,900
34
14
'>:
ft
Dyewood Corp....—
Preferred
1—
100
2,300
4,200
33
74 ¥a
72
74 ¥2
10
10
r.
9%
9¥a
9%
9%
10 ¥a
53,000
United
9%
10 .-ft
9%
2%
2%
2%
2%
x2¥j
<2%
2¥b
2%
2¥a
2%
85,900
$5
25%
25%
25%
25%
25%
26 ¥4
25 ¥2
25 ¥2
25 ¥2
25%
*25¥a
5¥a
5%
5%
5 ¥4
5%
5¥a
5%
11 ¥2
11%
12
12
95
95%
95%
96
17%
177/e
71
71
*177%
181
*177
•'
9 ¥2
9 ¥2
*42
40
40
*177 ¥2
9%
*42
43
41
41
40 y8
6 ¥4
6%
6Va
6%
6%
72
,
9%
*42
43
-
•
181
9%
.
18%
18%
72
16%
*71
*17 ¥4
18
17%
17%
17%
*109 ¥2
110
109%
109%
*109%
V"
7 Va
7
7
7
9%
*35%
*38
45
*39
42
*41 ¥1
42 ¥4
2¥a
121V*
24 ¥2
24%
24 ¥a
12
97
97
18 ¥4
72
73 ¥1
9%
42%
6%
17%
7%
417/a
42%
X42
9
6,300
U S Gypsum
70
43
42 ¥4
6%
-3,200
6 ¥4
6Va
18 ¥2
18 ¥a
19
109%
►109 ¥2
110
7 ¥4
7¥a
$
U
130
9%
9 ¥2
9%
9%
9%
9%
U S
36%
36 ¥4
36 ¥1
36 ¥a
1,300
*40
45
2%
43 ¥2
42 ¥2
41%
2%
2%
♦40
45
2%
I'
45%
44 ¥b
125 ¥a
123%
44
56 %
41 ¥4
2 ¥'4
2,400
44 ¥a
16,300
1,600
43 ¥2
45 Va
124
57
58
55%
55%
70 ¥2
*69%
70 ¥2
70%
70 ¥2
*70 ¥2
57%
58%
58
59%
573/4
121%
121%
24%
24%
24%
47%
47
47
24%
*47
122%
122%
123
123 %
24%
24%
24%
24 3/8
47 ¥2
47%
47%
*47 ¥2
125
U
'
50%
:
3%
3%
3%
3%
3%
3%
3%
3%
3¥a
3¥a
2%
2%
2%
2%
2 ¥2
2%
2¥b
*2 ¥4
2%
3,100
*75 ¥4
77%
►74
80
*75%
80
*19 ¥2
20
*19%
19%
*19 ¥2
20
5%
5%
5%
*35 ¥4
36 ¥2
35%
35%
*74
75 ¥2
♦73%
75%
1
160
•159
160
*157
36%
x75
*159
*74 ¥2
80
19 ¥2
18%
5%
18 %
19 ¥4
5%
5%
36%
37
■
40 ¥2
38% ;40
38
5%
41 ¥4
,No par
conv
75
74
74
73
74
170
160
♦15y
160
*159
160
10
Dec
85 ¥1
Nov
81 ¥2
Feb
21 ¥2
Aug
237/a
Jun
y36¥a
Jan
89
Apr
104 ¥4
Jan
—
~No par
100
59¥4 Jan 15
150
Jan 12
33
!
.Universal Leaf Tob_
8 % preferred
...
.v.
July
•
May 27
3
7¥a
33% July
8
22 y4 May
12'
1
37
3:
16
Jun
2 ¥4 May
14 Va Jun
11
30
;
Dec
20
V
Oct
Oct
58%
.Feb
A Oct
18
Dec
8 Va
1%
Apr
•'
Aug
f
Dec
3¥a
Apr
'33 %
,
•
113
July
4%
10
Jan
9
iV Jan
•
10
34% July 14
Jan
Dec
17
•
May
•
Feb
20%
Apr
9% Mar
11
X26
30
•
104% Mar
Jun
69% Jun
Nov
"
66
July
3
CO
37/a Mar
5-
9 ¥8 Jun
Jan
6¥i>Sep
8
25 ¥a
Jun
76% July 6
10 Va July 14
48 Va
Jun
3 ¥a
Jun
5%
Dec
93 % Mar
106%
Jan
35
,
Apr
2¥a Jun
:
27
16
11 ¥4
5
May
5% Apr.; 6
2
¥3
55/a
17
Feb
11%
Jan
64
Dec
May
4%
174¥a
Dec
Apr
159
9¥4 Mar 25/
Dec
87
40¥4 May
73% July 16
Oct
4¥a' Feb
•
6 V* May
181% Apr
6 ¥4
Jan
34 V* Jan
x42% July 14
41
24 ¥2
Mar 26
43
167/a
77% Apr
July 13
/■. 19
'72% Jan
Apr
July 15
97
Feb
35
Apr
27/a Sep
►
4
13 ¥4 May
Apr
34 ¥4
Jan
Apr
4 ¥2
July
14%
7 ¥4 Apr
26
2
19% Apr
8
7
Jan
llOVaJun
29
99
Jan
Va
Sep
114
Oct
Jun
7¥» July 16
9% Jun
10
9
44 ¥2 Jun
May
267/a May
2
July
20
13 ¥a May
45¥a July 14
54
Mar
27 ¥4
Dec
103 ¥4
Dec
51 ¥4
Mar
37 ¥4 Apr
7
May
62
Dec
1
% Aug
126¥4 May 29
Dec
30 ¥4 Aug
'32%
Apr
3¥a May 10
;
29 Va
22
37 Va May 25
.42
Jan
'
71
Jan
59% July 15
44 ¥4
May
55 ¥4
Jan
July 16
107 ¥4
Jun
119%
Jan
5
15 ¥3
Apr
7
58
70% July 15
124
Apr
24
Jan
39¥4 Mar
46%
Jan
3¥a Jun
¥a May
1%
2% Jun
% Apr
34% May
1
Oct
60 ¥2
Dec
12
July
15 ¥4
Nov
7
41
May
18
142
Apr
152 ¥a
Dec
Jun
20%
Jan
29
Apr
47% July
¥4 Jan
i
...
16 ¥a
Jan
4
6
2
No par
-1
-1
Jan
Jun
6
5
56
Jan 13
14¥i Jan 23
5
July 9
preferred
108
May
/"/a Jan
1
-5
Universal
Preferred
-
23
—
"
*74
,
—
Co——.,
Universal-Cyclops Steel Corp
Laboratories Incj
800
5,500
¥ 670
5%
;
50
-No par '
100
Stockyards Corp
United
.
Nov
74 ¥2
6
25¥4 Jan 5
101 ,' Jan 8
46
Jan 4
64¥8.Jan 13
47¥a Jan 7
112
Jan 8
2l¥a,Jan 8
42 ¥a Jan 4
V
—
—
'United Stores class A
"
19
100
50
Mln
preferred..
$6
80 -ft
160
75
160
►74
80
5 ¥2
10
Co_.
10
Dec
113%
63 ¥4
114
7
2
5
29 ¥a Jan 13
297/a Jan 13
32
Jan 15
li Jan 2
*-No par
¥2 Mar
Jan
83
July 16
' 6¥a Jun 15
9¥a Jun 2
,
100
114% Jun
137/8 .Jan 6
108
Jan 16
y
5
9 ¥4
May
May
'Dec
46
40
5¥a Jan 17
39¥4 Jun 17
30
Jan
4
4
Jan 8
...
>
28% Mar 30
2
9¥g Jan 8
59
Jan 29
173
Jan 19
.
1
10
preferred
Preferred
3,000
2%
19%
1st
50
2 ¥4
*74
Rubber
U rTTobacco
10,600
24 ¥2
8
preferred
'2,500
124
20
100
.1— 20
*.—10
;
1
Pipe 81 Foundry—
US Steel Corp
63,600
3¥a
5 ¥2
16¥a Jan
' 3¥a Jan
4¥4 Jan
84 ¥2 Jan
108
22% July 14
5¥a Jan 2
2¥b Jun 16
i
29
Apr
Nov
7% Nov
Apr
93
9
'
Sep
102 % July 16
1 5¥a Jan 4
26% Jan 12
60 V* Mar
Jan
7¥a
58
xll8
4
.No par
Co
U S Smelting Rcf &
100
71
2 ¥4
5 ¥4
' ;
287/e
Nov
78¥4
Jan
2
Oct
Nov
6
5 Va May
86 ¥a May 27
114.
4
7
21 ¥4
26
July
11 ¥4 Feb
•
2
8
2
f 27/« Jan
7% Jan
No par
Alcohol
Lines Co————
8%
2,100
57
59 %
3 ¥4
5 ¥4
59
18
38 ¥4 Jan
;
,
50
preferred
Playing. Card Co
U 8 Plywood Corp
i
tU 8 Realty & Impt
2,900
2%
58 ¥a
122
56
41 ¥4
125
Leather
...
U 8
42%
5 7 ¥4
55
U 8
43
2°'8
42 ¥4
42
♦124 ¥2
44 ¥a
125
*40
45
conv
*
—
Preferred
1,800
36%
v
Jan
Jan
187/g Jan
~
Ji Jan
17¥o Jan
.1
Partic 81 conv cl A—.L
No par
tPrior preferred
—_V-__
100
46,400
36 ¥4
*40
10
55 ¥2 Jan 16
.
Mach Corp..5
Hoffman
S Industrial
U S
7,300
•
73/4
S
5%%
4,700
7'/a
7%
U
2,600
9 ¥b
41%
41 ¥3
Co
preferred...
7 %
ft
43
43
18
11 ¥4 Jun
109V2 Jan
No par
U S Freight Co—
2,000
17 ¥4
110
7¥a
ft
:
.—No par
-No par
1st preferred
$6
;
73 ¥2
6 ¥4
%
17%
17%
9 ¥4
190
]
18 %
181
109%
6%
6 ¥4
*109%
110
*42 ¥4
43
*42
43
"'ft
►177 ¥2
181
*9¥8
9 ¥4
9 ¥a
73
73
73
►177%
*177% 181
*17%
17%
17 ¥2
18%
72%
19
181
77% Jun
7¥a Aug
::
1% Jan
1
Jan
i 25¥a Jan
6
" 93% Jau
4
.
17¥i Jan 20
16
Jan
8
10
Faperboard
U S & Foreign Secur
3,400
12
97
*69%
122
*46
47 ¥4
*46
12%
96¥4
70%
56%
121 ¥4
121
12 ¥»
95 ¥2
No par
...—No par
Improv't
Gas
preferred
United
600
9 Va
125
55%
*70
70 ¥2
57 ¥4
56%
12%
95 ¥2
57%
55
54
54
*69 ¥t
43%
125
125
125
125
12%
96
5
-5
United Mer & Manu Inc'v t r.
2,500
36 ¥2
41
2%
2%
43%
43 ¥4
'
42
*41%
ft
2%
,
43 Va
-
7¥#
*9%
36%
9%
>
26¥4
"
*36
9 ¥2
36
*9 ¥4
35%
*5%
5%
*5¥a
12 ¥a
12
95
5%
Jan
—-i— No par
United Fruit Co
4,000
r
2 ¥4
5%
19 ¥4
May 25
9% Jun
80¥4 Jan
100
United Electric Coal Cos—
United Eng & Fdy
h
33
33 ¥4
34 ¥2 July 14
Jan
"
8
74
r-
United
1,300
16
' 105¥i'Jan
15¥s Jan
par
1
10
United Drug Co..—
11,800
63!%
Jan
2
79
Jan 13
113 /.Jan
5
United-Carr,Fast'Corp.——No par;
United Corporation
'
—No par
$3 preferred
No par
9 ¥4
■
No
CO—
United
400
Nov
Jun
67
100
400
2 ¥.
26
par
m>v
71
Jun
8
No
2 Va
¥4 Mar
7¥a
8
.
Dec
12% Mar
5Va
0
—;
8% Jan
...
8
9 ¥4 May
24 ¥< Jan
Co.,
preferred—
5%
6
18 ¥4
•
56 ¥2
90
79% Jan
68
10
-v
73%
14,500
,,
8
13%
14'%
8 ¥»
65 ¥b... 65 ¥2
8
■;
25%
.
137/b
-
651:
•;
25
17/a
8 ¥2
8%
65
700
ft 1
31¥a
22
7¥a May
Jan
42
Aircraft Corp
25
*67 ¥2
68
33 ¥i
2
114 -ft
Dec
8
6 ¥4 Jan
par
—5
5% conv preferred————100
Un Air Lines Transport—.
-5
12,400
36 ¥a
6¥a
25¥a July
100
—
Jan
Jan
27
_No par
preferred—
United
43 ¥4
4
100
—
Union Tank Car—
►113 ¥8
*67
34%
34
7%
8
32%
32%
74 ¥2
*32
13%
113 ¥4
113 ¥4
68
68
25
353/4
*113%
l7/a
2
65%
>'
7%
7%
24 ¥2
*8 ¥2
65%
♦62%-
65 ¥2
'
34 ¥4
34
34¥a
33 ¥2
34 ¥4
1,500
36%
Pacific RR Co
4%
3,900
27 ¥4
31%
J
*113%
68
*67
68
l7/a
93
27%
217/a
31%
*21
v
*113%
'■
-
--
*67 ¥2
33 ¥4
92 ¥4
27%
36 ¥a
37%
114-
113%
113¥4
31 ¥4
217/a
21 ¥4
21 ¥4
21 ¥4
113%
31 ¥»
31 ¥4
32%
92
'
36 ¥2:
Union
Jan
31 ¥2 May
July 15
'
par
25
Union Oil of California—
5,700
102 ¥2
34¥a
4
4% Jan
No par
Preferred $4.50 series—.-INo
May
25
,
Feb
Dec
22
5
6 ¥2 Jan
No par
Carbide & Carb
Nov
97
24 ¥4
69
No par
;
8,600
*
22%
102
92
90%
91 ¥4
SO ¥4
♦26%
.101 ¥4
102
101%
No
Elliott Fisher Co
Nov
127/a Jan
par
No par
100
1
—
1 %
;10¥a
Mar
10 % May
4¥a May
Jan
85*
4
10% Apr
Dec
157/a
•
Sep
93/a
27¥2
■
Jun
7
5
Feb
3 ¥»
'<
Jan
July
50
1% Jan
_No par
Union El Co of Mo $5 pfd
70
22%
21¥8
100 Va
102
117 ¥4
113
113
102 V*
% 22
22 ¥4
22 Va
22 ¥2
21 %
100 ¥2
32
"115 ¥4
117 ¥4
113 ¥4
-
113 ¥4
22 Va-
*115%
Z, *112 ¥a
¥»'
-
Coach Co_.
Under
10
-
117 ¥e
113
84%
85
15 ¥4 Jan
.'
Union Bag & Paper
83%
5
pdr
No
City Rapid Tran
preferred—,
8%
74 ¥2
21 ¥4
37%
Twin
300
8 ¥2
11
6% Jan
No pur
.No par
preferred——J
10%
*72
20
Pox Film Corp
Cen
$1.50
3,000
74%
100 %
*112 ¥2
20th
64,400
ftft
8 ¥4
*8 Va
8¥b
8%
L-4
/ 34
34 v
40% Jan
11 ¥4 Jan
Jun
li Mar
34¥4 Mar 31
2
Corp.
8%
83%
*115 ¥4
112 ¥4
V
24¥4
237/a
24%
23%
34
2
No par
preferred———!
$6
Truax-Traer
73%
11%
107/a
112 ¥4
4,900
10%
8%
557/a
*55
115%
120
9 ¥4
73 ¥2
'
10%
I1.5 ¥2
893/4
87a
10%
8%
10%
56 ¥4
55 ¥2
89 ¥i
8%
34%
28 ¥a Jan
1 ' '
July
8
103 ¥2 May 26
9,400
4¥a
89 ¥4
23%
4
No
•34¥4
•8 ¥4
10
94 ¥2 Jan
West Air Inc__
Jan
18'
26¥a Jun
Jan
Jan
-«
17¥a July
15% July 14
Trl-Continental Corp———,
4¥b
16
Mar
3
l¥a Jan
par
Dec
4¥a
5 ¥4
•
4
12
Transue &.Williaihs St'l
8%
-33% Jun
Mar
52 Va
2 ¥a
6¥4' May 24
14 ¥4 July 12
26% Feb
3
•
Apr
30
'8¥e Jan
.
Jan
Jun
Jan
3 ¥4
May 27
49
'
9 ¥4
42
May
41
9¥a July 14
Jan
3
Oct
247/a
Jan
2 Va
Dec
¥4 Dec
8
Nov
July 12
Oct
8 Va
«
Sep
••
34%
12
9% Jan
1,600
4'
4%
4
Trenscont'l
37%
Apr
7%
5
_10
Tlmlcen
Timken Roller Bearing—'
11
73
■
■ft
No
Transamerica Corp„
15%
Apr
8
-
33 ¥4 Jan
4
par
25 "
Axle
Detroit
4,100
89%
8%
'
15%
•
/85¥4 July 16
Jan
;
4 ¥2
...
8
4
46
5
Jan
4
'■
73%
8%
8%
8 ¥2
72 Va
15 %
90
23 ¥a
32 ¥a
21 ¥2
*32%
*10 ¥4
4
90
8%
4
15%
4 U
4 ¥4
89%
8%
8%
8%
8 ¥4
24%
52
preferred—'—'.No par
conv
■2,800
24%
24 ¥4
24
15%
15 Vs
•
89%
90
*89%
90
*8 ¥2
15 ¥t
15 ¥4
4¥a
4%
4 Va
4
*89 ¥4
24
■
Jan
Jifly 14
28 V8 July
11% May
12
2 ¥2 Jan
.'.
V
10,400
9
9
9
35
1
„N< par
Oil—
—10
2,100
29%"
49 ¥a
*49 ¥«
t$4.50
3,120
•
6 ¥4 Jan
:■
1
Water Associated
Tide
36,400
100 ¥4
17 ¥2 Jan
par
"
;
Thompson-Starrettf Co'
$3.50 cum preferred
2,600
15¥a<-
15¥a
100 ¥2
7¥4 Jan
13 ¥4
Jan
Deq
3¥a Nov
/
Apr
May
10
(J
Apr
% 5
Oct
,
9¥a
Apr
.,
2
."
17 ¥a July 15
Thompson Prods Inc—No par
2,000
25
24 ¥2
100%,.
8%
2¥4
2%
:
15%
15%
15%
...
26
6¥s July 14
Nov
Nov
,
42 ¥4
7 ¥2 May
30
88/s,Jan
1
Avenue Transit. Corp.-No
Thompson
4
28
,—100
$3 div conv preferred
Third
•35
41% July 13
—No par
;
;
*_
Apr
„
*
800
•
32
31%
27/a
2%
24
143/s
*14
Nc
—
——
Co
Apr
1 Va Mar
16
Nov
5 ¥4
4
.53% July 14
•
;
32
3
13 ¥a May 29
■
; 1,200
; 200
5%"
5%
32%
32 ¥4
25%
101
100%
101
14%
2%
2%
*2%
24%
14%
100 ¥4
*13 ¥4
.
Fair---
Preferred
.■
24
Apr
5 ¥4 Mar
Jan
3¥a Jan
preferred——No par
conv
Thermoid
290
473/4
473/4
57/b
33
33
2%
24%
.
47 ¥2
5%
The
700
9 ¥a
83/4
t$3.60
;•
.ft" 240
i2,200
85¥a
84
9 ¥4
9
47 ¥4
14%
2%
.
ft
6
*14
32%
8
84
47
6
24%
2%
*7 ¥4
82 ¥4
9%
'
46%'
14 ¥2
32%
:
8
*7 ¥4
8
82
8
82
6 ¥a
*14
45%
45%
45%'
45 ¥a
L
Mfg Co_'_
8% Jun
100
;
28%
10%
Thatcher
Jan
36 ¥2'Jan
10
10%'
12%
Dec
5 ¥4
Aug
,_ll
Oil
Coal &
25 ¥a
20
45
2
41% .Jan
<.
ProduCg Co_L—No par
Sulphur—
1N0 par
Pacific
Texas
Jan
8¥< Jan
—.25-'
(The)—,—
2 7 ¥2
-
¥
47
*5%
25
53
10%'
ii
46%
6%
100
6 ¥2
41%
8%
46%
14 ¥4
6 3/a
41%
8
6
*24%
6%
41%,
45 ¥2
8
6
2%
6 ¥2
41%
82
!
8%
8%
6%
41%
13
•
45 ¥2
8
*81%
7%
*7%
45 %
45
45%
45%
*81 VB
Texas Co
6%
41 ¥4
3
5
-
28%
12 ¥2
12%
10,600
6 ¥2
16%
16%
16%
16%
-
41%
41%
41
Corp
41%
6% ■V
6%
6%
¥a
6
Tennessee
-
share
29 ¥4
3% Aug
8 ¥a May
25
35
50 ■5
Telautograph Corp
500
12 ¥a
partic preferred-
5%%
50
44
4%
12
4%
9
Talcott Inc HJames)
8 Vr
'
12
*4%
4%
12
*
•
*42 ¥2
44
12
52 ¥4
.
*8
8V
*8
"42 ¥2
44
¥2
4%
*4%
.
*42
42%
¥2
8%
*8
8 ¥2.'
v,
*8
8%
*8
8%
44
Highest
f per
19 y* Mar
8
2
1942
15%
22
5¥4 Jan
ft.ft':,. T ftftft ftftE
'
*8
35 Va Apr
35 Va July
share
per
•
8
>
4% Jan
1 ft
$
S per share
8
Jan
22-% Feb
Sylvania Elec Prod's Inc.—.No par ■:
9,100
ft
7%
7 ¥4
7%
V
Previous
Lowest
Highest
$ per share
Par
Swift International Ltd—
"2,100
34 ¥a
34%
7%
'
Shares*
share
Lowest
.
'
34%
33%
;
Year
Range Since January 1
ft'ft
J uly 19; 4 943
Range for
ft-
.
'
EXCHANGE
''
share
34%
34%
•:
7%
7%
7%
$ per
share
per
34% >34%
34%
34%
34%
35 ¥4
$
$ per share
share
0
■
STOCK
YORK
NEW
for.
the Week
July 16
July 15
July 14
July J 3
v.
Sales
Friday
Thursday
Wednesday
Tuesday
Monday
Saturday
M onday,'
FINANCIAL CHRONICLE
THE COMMERCIAL &
Jun
80
20¥a July
Oct
6 ¥4 July
41 ¥4 July 16
9
75% July
Jun
161
61
Oct
/v
.
;Vanadlum Corp of Am..—
No pat",*
Tool...2
2.50 :
23 ¥a
23%
23
23%
23%-.
24%
24
24%
24%
25%
24 ¥2
25 ¥4
11,000
10 ¥4
10%
10 %
10 ¥4
10 ¥»
10%
10%
10 ¥4
11 ¥2
11 ¥4
'11%
'2,400
;Van Norman Mach
*10¥a
'500
*36
37
-5
100
cVick Chemical CO——.-3
iVlcks Shreve & Pac Ry*
.L—100
- 5% ; preferred
100
♦ Victor Chemical Works.
—.5
117 ¥2
*116%
117 ¥2
♦116 ¥2
36 ¥.
37
*36
36 ¥4
36%
36%
36 ¥2
36 ¥2
36 ¥4
36 ¥4
►116%
117%
♦116 ¥2
117¥a
♦116 ¥2
117 ¥2
*116 %
117%
43 ¥4
43%
43 V.
43%
44
*42
43 ¥a
65
*62%
65
..
43 Vsf'
43%
■ft 500
*42 ¥2
44
*42%
*62 ¥2
65
*62 ¥2
*63
67 ¥2
*63
67 ¥2
25
♦24%
24%
24%
24%
24%
24 ¥2
24%
24%
24%
t 800
5%
5%
5%
5%
5%
5%
5 ¥8
3%
5%
5 ¥4
.7,600
♦66%
67%
66 ¥i
67 3/i
*66 ¥2
67 ¥2
23
5%
5 ¥2
65%
67
67
*32 ¥4
*32 ¥4
34
38 ¥4
34 ¥4
34 ¥4
*37%
33%
*62%
34
33
*102
„
105
•
,
38
¥4
34
105,
*63
*62 ¥2
70
67%
*63
67 '
24 ¥a-''
38 ¥4
x33 ¥4
33%
♦102
105
*
*102
147¥4
900
1
33 ¥a
<
38%
34
38 ¥4
33%
33
•:
35
34
38 ¥4
33%
38 ¥2
(
300
33 Vr
33 ¥4
'
3,000
*102
105
ft 150
105
_20
♦142
148
7%
1st: preferred—
;
8%
25%
115
41 f
51 ;
57 ;
1
*120
*120
*142 ¥4
'142 ¥1
*142%
*142 ¥4
67 ¥2
-
70
*37 ¥4
33
33
*37Vv
►102
'
*66
*64
70
♦120
33%
38 ¥4
34
'
*'
.
67
v
105
1
67%
►120
*119%
*37 ¥4
*63
66
66
'
♦119%
*102
-
"
tVan Raalte Co Inc
,
15¥i Jan
.
23
2 ¥4
•'
8%Vdlw partic preferred——-100 -j,
39 1
:Va El, It Pow $6 pref
No parr 116
tVa lron Coal & Coke 5% pfd—100
20%
Virginian Ry ;Co..
21 ;
27
■'
6% preferred—.—
23
29 ¥4
■Vulcan.Detlnning Co——100
80
Preferred
....—100
113
Va^Carollha Chera——I-No pat "
„
—...
14 ¥4
25% July 15
4
7
11
15
7
22
Feb 15
Jun ,3
Jan 4
Jan 5
Jan 15
Jan 14
Jan 14
Jan 2
Jan 8
Jan 26
Jan
Jan
Mar
Jan
Jan
12% Feb
36 ¥2
44
19
30
22
" Jun
62
50;
4
May
120
Apr
•
.
July
Apr
148
Jun
-
Jan
60
; Nov
25 ¥2
Jan
2%
Jan
40 ¥4
Oct
110¥4 May
7
117 ¥4
Dec
Jan
21%
Nov
Jan
14
Apr
31 ¥4
2
26
May
29 ¥4
8
15
70
Jun
120
Mar
38 Va July 16
35
55
:
Jan
1
22 %
35¥a July 16
108
May
"Sep
Dec
116 ¥4 July
42
• Dec
July
.
18 ¥4 May
1
1
6¥a July
;
55
6
26¥4 Feb 15
67% May
68% July
26
Mar
112¥4 Jan
Jun.12
118
11 ¥a Mar
7 ¥4 Jun
25
July 14
24
„
Oct
'
Oct
96 ¥. Mar
138
Jan
■■
W
33 ¥4
33 ¥4
*10 ¥2
27 ¥2
.
33
33 Va
33 ¥4
33 V*
33 ¥4
33%
33%
33%
10%
10%
10%
27%'
10%
10%
11
11""
11
11
27 ¥2
*105% 108
For footnotes
27¥2
108
see
27%
108
page
*107
263.
!
28
110
284
108 ¥a
28
"
108 .¥■
27%
108
.
28%
108
*33 ¥4
11
preferred—...—100
33%
1,700
Wabash
11
1,100
Waldorf System—.—.—-No
277/8
277/a
■'2,700
*106¥4
109¥B
300
RR
par
Walgreen Co—
,—No par
preferred wlth warr
100
7% Jan
4
5
.20¥b Jan
2
24% Jan
-
103
Feb 10
36¥a Mar 29
11% May 29
28 Va
109
July 15
Jun
10
21V4 July
CVi Mar
30%
Jan
7% Nov
Apr
30%
Nov
97% Jun
102 V.
Oct
16
'(»/
Volume 158
Tfife COMMERCIAL & FINANCIAL CHRONICLE
Number 4195
-
263
NEW YORK STOCK RECORD
Saturday
"July 10
$
.48'/a
8'A
8Va
8i/a
*11%
'-121/4
2%
) 2%
*21/4
18%
11%
18%
12%
49
18%
48%
*18 Vb
*11%
11%
2%
*52
15 Vb
89%
*89%
;
*28
22
>
28%
y4
2%
iey4 i 161/4
7%
>
22%
/
'
25
22%'
*16
.:
76
*757/s
7 %
161/4
:
;
,
76%
>
:
k
7%
71/2
251/4
243/4
761%
77
7%
*'.i
89 hi
1,020
$3.85
300
Warren
$7
600 I
7%,
7%
25%
y 800
15%
79%
96 3/4
96%
85
85
107'/a
15%
151/a
5
-
*107
273/4
5
-*4%
,
.-15%
273/4
96%
-85%"
116 % "
•15%"
114%
"15% >153/4
108%
85
t
■
'106%
108%.;
27
27%
*107'
.
j
V
27
'
10%
IO1/2
10 3/4
103/4
103/4
391/8
391/4
38%
391/a
39
391/8
23%
233/a
23
23'/8
23%
98>/2
98
10%
••/ 39
1,700
24
16'%
115
10
23%
10%
"
"40'A
>
v.
340
98%
98%
983/4
*128
133
*128
7 *39
40
727
'
110
*93%
*55
223/4
*129
39%
'//■ 27"*
27
>110 V,
57
95
233/4
>*55
7
98%
•:■
*55
99 v.
',■«
.
*55
223/4
23'/a
67'/a
22%
68
69
23%-
69 *Y
19"%"
:.x'66% :67»/8
*19%- 19% '
19%
70
2,200
71%"
1978
211/s
20 3/4
7%
-7%
-.51/2
5%
5%
7%
5'/a
*..■
75
*70
*25'/a
26 Va
*251/4'
-v.,
8%
14%
7%
73/4
8
73/4
10 9/e
5%
'
*70 "
74
/:
25//
,-r „
5%
i
22
403/4
401/8
23%
/
22
135
1*109
125
i
*122
40%
v
*109
v
61/8
8%
78
10%
11
*115
18
138
""
*108-
18
,
96/
153/4
15%
15%
96
18 Vb
v
138
V
40%
xl6
•■r
40%
19
Jan
2
10
Maryland_L__.»_t»
Nov
34
Apr
91
Jan
41%
Apr
104
Jan
36
Apr
93
Jan
102
May
119
/
Jun
7% Aug
3
16
Mar 29
10% Sep
May 22
97
29% Jun
14
6% Apr
11% Apr
3
t
2% Jan
2
>
_100
53A Jan
2
V
100
26% Jan
7
J
15% Jan
4
Telegraph
19
,109
..100"
2d preferred/.
1st
1_50
81
—50
120
Jan
Sep
12% May
2
5
Apr
4% May
23 V#
40% July 15
24% May 29
i
5
Instrument——12.50
31
Jan
12
preferred
Weston
:
Elec
w-i
Westvaco Chlor Prod—-Wo. par
»
$4.50 preferred-/—*.-
/5%%
>650
300
Feb
13% May
113%
Jan
18
Feb
104%
Jan
20
Dec
3%
Jan
!
Jan
8%
30
Feb
83
Dec
127
»
Oct
19%
Jan
Jan
*
Jan
18
109
Aug
23
Apr
32%
\ 22
Mar
31%
60
Apr
94
f,
2
v
5
:
^an
14
100% Jun
July 14
t
58% Jan
15
63% Apr
40
>
9
,
l
3
July 9
29% May 5
/112% Jun 23
Mar 13
•
July
Jun
136
;
15
85
__100
; 100
4
52
»
Wheeling Steel Corp
No par
$5 ConV prior pref——Wo, par
White Dental Mfg (The S S)
20
*
2
106% Jan
—100
preferred
conv
Jan
26 y8 Mar
No par
*
7,100
'
Jun
15
5
Oct
50
93
t
Apr
80
Jan
July
17%
Dec
27%
Feb
*
58
Dec
69%
Jan
♦
/12»/4 July
15%
Dec
15%
Jan
71% July 14
20
Jan
42% Dec
6
24% July
Dec
1083/4
Vb
"'
i 15,600
White Motor Co
1
13% Jan
2
213/4 Mar 30
12
Jun
25,600 -■■".■White Rock Min Spr Co_
No par
White Sewing Mach Corp—
3,400
1
7. -t$4 conv
preferred
—No par
,
"
33A Jan
5
Mar
8
83/8 July 14
5% Jun
7
■A:: 3
2% Jan
j
6%
8%
/
(
Prior
400
,
Willys-Overland
07
97
-- -
/
1,600
'
15%
9,000
4,200
.
L..
(F W)
57% Jan
_10
9
pld_—100
115
|
CO—
20
15
109
13,200
310
15%
190
>>*■15 >/47 15%
J
4,200
J /
(Del)
No
Co__L
t5%%
(i
2%
2%
Oct
8%
Dec
3%
6%
Jan
Jan
Sep
51
July 15
Sep
733/4
8
107%
Jun
110%
2
16%
Dec
3
Dec
6
Jan
Oct
117
31
Dec
21s/fl
Nov
125
,
Jan
July
24
'130
Jun
Nov
117
Mar
9
54
Jun
1
42%
uun
54
Jan
9
57% Jun
18
44
Jun
57%
Jan
Jail
15
A108
20
■80
Jun
104
Jan
58% Jan
4
70
Mar 23
39
Apr
62
Jan
21 Va Jan
13
1
/30
~
82
23%
Oct
Apr
14%
Nov
121%
Dee
5
Apr
28% Juh
7%
Not
37%
96% July 15
>
9% Jan
No par
153^ Jan
111% Jan
17% July 13
41% July 14
Jan
par
106
July 12
78
Jan
87
Oct
7
May
12%
Jan
Jan
-*
Apr
18% July
139
7Ve Jan
No par
22
30% May 10
12 Va Jan
118% Jan.
No par
No
21% May
14% Jun
f, 243/4 May
7
*145
Jun 12
Jan
Jan
25
Door
.
24
Feb
par
preferred series Al^—>100
Youngstown Steel
Apr
P/i Aug
4% Apr
88
100
Young Spring & Wire
Youngstown S & T
8,200
"f
Jan
46
100
L
Preferred
Jan
22%
443% Jan
—100
series
Yellow Truck & Coach cl B
(24,100
96JA
preferred
Jr
Jan
53
42% July
2
16% Jan
(Wm)
3 Va
24% July
9
30 % Jan
pfd 4'/a%
Apr
1%
;
7
11% Apr
115
8
112% Feb
Yale & Towne Mfg.
600
i
!
78
27
Jan"
May
,5% Nov
'
Wrigley
1,400
:
8% Jun
4
Jan
17% Jan
r_10
Prior pfd 4%% Conv series—100
Wright Aeronautical
Wo par
•40
39% " 40%
15% 7 15%
Wo par
-
Co
10
Prior
//
18 %
77.96
2
Apr
15%
14% July 14
4% Jan
40
6% July 16
9% Jun 28
6
Worthington P & M (Del)
No. par
'7%"preferred A
•—:
^100
-
300
700
28%
-151/4
961/4
2
Jan
8
"6%
-
1363A
-
136%
2
Apr 30
2'/8 Jan
;
No par
Woodward Iron Co:
.
Wdolworth
;
v,j01
'101/8 '
-
•
I
.52%
28%
/
-
41%
96 7.
15%
i
29'A
$6 preferred
l3/4
25% July 16
-
2% Jan
1
—
Wisconsin El Pow 6%
,,,120 /
»97
86
—10
L
-
%> 54/;/
"*68%"- 70j
1363/4
16-v
40
.
~
-
18%
1363/4
'-16%
1
15
19
40
_5
Motors—.
pref erred:
conv
Wilson-Jones
K*
'
*108
'
1
,
2,300
I
: 77 *53
•'
1,000
}
\
*52 3/8
54
'■, 6 %
.
■
15,700 /T Wilson & Co Inc
■•/
v
Jan
x20% Jan
r_20
'
7,700
\
„
r
preferred-
Wilcox on & Gas Co:
23,200
j 35,400
-•
120 7
>18
-:41 J%
7 15%
15%
.
*28/
-
96
135
*69 —s- 70%
18%
r138
*
.
"
/ 96
//■
96
10%
80% July 16
97
July 8
5
r
J
5%
*ii5:;>
"52%" 52 y4
—
29
41%
v
/.
7*53%
—
70
/ 28%'
r;
28%
-
97
'
70
18 >/4
/
15%
53'/a
>*96
138%
393/4
95%
52%
69%
'
.
52 %
C 53%/
17%- '17%
17%
";40*
*941/2. 953/4
15%
/ 120
138%
139/.
39
39 '/a
1
*108
283A
29
18>/4
:
'
165A
16%
16%
126
68%
68%
Jan
Nov
85% July 13
5
No par
1-^—100"
V Wheeling & L Erie. Ry Co
233/4/ 233/4
40%' . 40%
/ -21% V;2i%
7*122 u 135 r !■
-21%-.223/8
*122
97
*28%
28'/a
-"'40%
•
223/8
"
*96
^
41%"
y8'
135
96
68
18 1/8
22
55
68'/a
137
4O3a;.
"
52%
*
20%
x71%
17% Jun
8
Jan
'
Westinghouse El & Mfg_
.
1
;
23% 7 233/4
233/4
23%
*122
*53%
*67 3/4
38%
Jan
11% Jan
103
190
|
*76%/ 77%
; v.*io5/8/ 11
:•
-V-
*
109'
,
53
96
v
109
Union
July
Jan
15
May
59% May
/
2
>•
450
■
74/
8%
77%
11"
WV
"115
22 Vb
*523/4
99
*28%
Jan
4%
3
13/4
8
2
r
>
6 '/a
135
54
*96
137.-
57
.
*
f •> /
25%y .25%
8%
122
54
53
551/2
.18
21%
.'•>
135
125
*52%
♦52%
*53'/a
40%
41'/a
22
221/4
,/
*122
,.100
100
L-
Oct
Nov
t
4
4
Western
200
-
|
-14% -14 y2 - a:- -14,7 -141/8
,/• 7%"."
8
V7
.7%.:'. 8-
8 'r
10%
10%
-->•
23%
23%
23%
231/2
40'/a
;
,-i
50 y8 Jan
f
600
-
23%'
4
Feb
14
18
-
\'.
■>
67% Jan
7%, preferred
6 %* preferred
Western
•
773/4^ 773A
10%
*70
5%
9* '
14'/8
7%
116%
*U6'/a
—
Jan
8 Vb July
26% July
19
Jan
11% Jan
>77,. July 15
Westihghouse Air Brake_____No par
:
15,000
ft" 21%
}i-} \ 8 y4
'-///-6%:\
■5%-
"
/
11
*101/2
♦110
»/
21
"
7
/25;/
8%*-.
77 Va
76%
77
103/a
8
74"vr
•-14%'.
8
21
25 >•
5%'
9
14%
'
'8
57a
25
5
8%,
14
£'
77
763/4
*76'/a
,
14%
v.
8% ft
'
8%
-
*70
25%
■43/4
8 3/4
75/a
V
7%
<"'>5J/8
75
-
25%
/
5
8%
14'/a
8%
203/4v, 20'/8
:
7
53/8
*70
.r
12
"
ft
7%
5%
26%
4%
4%
43/4
14 y8
>7%
75
*70
.:
20% "21
21'/a
71/2
21
?
^'
,40
...
7
2
July
■
,
23%
24% 7 ■•;■/.: 23%'/ 24
70
71% v
-;70>, 71,
*19%/.19%'v; ?V' 19%;/19%
24f/8
.
■
,19%
Oct
17% Jan
Jan
Deo
Jan
No par
2% Jan
Nov
8%
/ 39%
No pat
.No, par
69
Nov
29%
-
24% Oct
13 y4 Jun
21
$4 eonv preferred.—.
"
-
.r,
"
A
*65
25% July 13
West Va Pulp 8c Pap Co
t6% preferred__l-/_
-
57}
23
-
1
Feb
803/4
17% Jun
j Western Atito Supply Co„
'
3/i May
4% Apr
Nov
May
12y3 Jan
tWest Penh Pr Co 4%%. pfd__—100
16,100
[ 10,400
96m.: 96
r.
323A Apr
>.
.
,.130-
May
Jun
16
8
17% Jan
;
f /1,300
739,,^ 39.
• *26%>26%
,110 >110 -:,
.
57
*95%
^
,
vllO'A
57
>
95%
110
96
•
r
26% v:.27^'r
■v
*125
.
393/4
.
27 ^
West Indies Sugar,Corp
—^-1
West Penh El class A_.»_No par
-
.96%;,97%
129-Af
*38,/
110
23%
/'
27
/' 110
94
57
*93'/4-r 96
"
40
..
.
27
•
96%
129"
130%
40
:
*55
110
95
'*55
98%
110
; 27 \
27 V
•
*109%' 110 v
v.' 98
131
*
*39
39'%
57
..'«2G3/4
;;
.
*128
133
♦39
98%
.
No par
No par
»/
3,100
I
2% Mar 29
89% July
Elsenlohr^
16% Oct
6
Nov
2%
July 6
IS3/, July 15
May 13
15 Vb Jan
41%
13 Va Mar
56
5
,40 •/
i
7
1
r
900
i
>•
24
*
.360
{
'
7
290
153/4
20
79
<
240 /•
|
*106%; 108 %
27% r27,%
./■/:,■■ .5,
.7 10%?z 10,%
393/8./ 40y4
23%';.: 20%
4
Jan
36
—5
7
i
115.
v*
,■*.*15%
% Jan
7% Jan
50
Pictures
No par
Webster
«
} 15,600
95
..
Bros
5% Nov
31 Vb
May 29
preferred
v
I
x83y8:v-83%
115 %
39%
24%
233/4
:
it
x943/4 j
'
10%
i6
80%L- 0O3A
v.
84 Va
A
«
-ts..
39%'"
,"
t
96%
84%
273/4
5Va'
-
5
*10'/2
16%
80% ; 80%
963/4'
•
116%
.
1081/2
28
27%
5
./
16%
80%
96%
85'/2
151/a
80%
v
116%
107'%
28
5
851/a
116%
151/a
,
16%
,
.
963/4
85
•
1071/2
151/2
1071/2
16'/a
80
*96i/a.
•
116
85
'*151/2
28
96
•
116.-
116'/a
*116
96 *
16%
79%
793/4
7
80
16%
15%
15'/a
79%
*
No par
preferred
13
Wesson Oil & Snowdrift
i,7bo
76%/. 763/4
..
5
$ per share
3% Apr
Apr
50% Apr 30
18% May 25
1942
Highest
per share
5
Wayne Pump Co—
'
■
.,17
4% Jan
per share
Waukesha Motor
1,500
25%'
; 77
4
Year
Lowest
93A Jun
Fdy
Pipe
Washington Gas Lt Co_
400
„
25%-rr 253/4
7i/a
:/■
-
12
15% Jan
No par
Class B
Warner
600
25%
:
38 % Jan
No par
$
2
preferred
Baking Co cl A
800
,-
.16%'716%
/ ;•
4% Jan
No par
Good & W Ltd
(H)
46,700
f" 223A; ;22%
r
No par
Dlv redeem
Ward
500
2%
■
89 JJ.
25%
Walk
$ per share
"
54%
15%
2%
•
j76 ■/
22%'
*16'/4-:..16% -'
76'/a
■
*52%'
"
Walworth Co
28%!i/281A
•*
•
25%
'
.■■--15%
-
28% ;
22%
25
:•
.
25
*76
>
-
25% 4/ 25%
,4
89
28%
221/2
161/4
7'/a
25
76
*8912
281/2*;
.
:
'15%
Par
1,200
1,000
-
11%
ll'/eV
54
-.v
18
Range Since January 1
Lowest
Highest
,
.
/•
8,900
47%
Range for Previous
STOCK
EXCHANGE
•
*17%.
2%
-15%
*21%
16%
{
*2%
*52
8912
*27%
'■!
25%
.
25
25'/4
-
2%
15%
Shares
/
■v"
NEW YORK
*v
the Week
share
473/4v
.
18 »/8
11% ' 12 V
54%
8912
28%'
.7%
7%
7'/a
>
76
2%
54
89 ig
,,25%
25 Va
17%
.
*22 y4
$ per
8%
4 /-% -. 48%
18%
:.v 15%
*27%
■
161/4.. 16%
25%
■
89 Jg
,
28
251/a
*24% i 25 y8
?
89 ft
28
49%
12 7
■
:
J
8%
18%
151/4
*22
22%
8%
Sales tor
! i
July 16
S per share
8%
Friday
.
-
*ll7/8
53'/2
15 I/b
15
89%
21/4
53s/a
15%
54'/a
;
July 15
>
"
-
53
53
Vl4%
8%
48%
49
48%
48'/a
•18'/a" 18%
~v
$ per share
8i/a
8%
STOCKS
-
Thursday
-j
'July 14
$ per share
$ per share
per share
8%
,
PRICES
Wednesday
Tuesday
July IS
Monday
July 12 -<
SALE
AND HIGH
LOW
.19% Jan
16% Jun
9
10%
7
Jan
■
{
! / ft/':
35%
"
35%
35%
4 '/8
4 '/8
■AVb
*Bld and asked prices;
reduced from
36%
37%
37'A
37%
36%
4%
37%
4%
4rV4
4%
T4%
.7,4% /V
no
37%
n
36%
43/b
"■>' 4 3/8
tin receivership."0Deferred delivery.
sales on this day,
j
36%
4%
•.
n
Zenith Radio Corp
4,100
110,100
New Stock,
r
Zonite Products Corp
Cash sale,
s
Transactions at the New York Slock
Stocks,
;»
Saturday
-
i
-
Thursday
Friday
2
Total
:
-
;
Railroad
Number of
/
Week Ended July 16,1943
; /
Monday
Tuesday
Wednesday
and Miscel.
Shares
shares
':
U.
8.
6,869,148
Foreign
,
Railroad
'•
Bonds
_
Bonds
8.899,000=-
Government
Bond
,.
j
;
.
11,378,600 >,
12,259,000
9,563,500
11,498,500
ft
—
$58,284,600
-
$4,834,000
Saturday
27,000
11,819,000
13,000
12,712,000
10,001,500
8,000
$60,844,000
1,738,780
.; ;.,/■
t Unit of trading
Exchange
\
■;
.-/ ■■/:"//";'■
1942
:
Foreign
Government
Foreign
Corporate
$7,000
Total
$359,000
10,000
105,000
$7,000
1,070,000
4,000
6,000
1,303,000
1,086,000
31,000
1,000
1,118,000
878,000
50,000
$5,332,000
—.
-; •/, //'/
:'.■>/•'•;///'
$207,000
Weefc Ended July 16
1943
of shares
|
1942
2,081,610
57,046,666
'f-
280,048
775,000
8,000
936,000
$22,000
$5,561,000
„
Jan. 1 to
1943
July 16
1942
47,676,957
9,688,379
$2,376,000 $128,838,000
21,000
8,807,000
$93,904,500
Bonds
$107,000
1,160,000
20,777,900
$60,844,000
-$1,850,100
>
•
71,058,100
2,067,912,400
$5,040,000
.
»
Domestic
.74,782,000
,
Foreign1 government.
Foreign corporate
1,094,575,200
/ $22,044,900 $2,140,820,600 $1,174,397,200
'
<
i i
765,000
x
—1
Stocks—No.
184,535,710
Dee
Jan
958,000
487,210
—
.258,615
Total'
.
1943
Stock and
*
L
•■•>>':'///ft;
■
23/4
1,293,000
«
Jan. 1 to July 16
1942
•
iJ
Thursday
Friday 4
-
Domestic
L.
Wednesday
11,950,500
$110,000
20
Bonds (Par Value)
.'/
■■■■
■
$352,000
Tuesday
//' \
■
-
.
.
.
$5,332,000
**..,.♦
ft
.
:
■
■
«•
Indus*
July
12
13.
July
1
'Utili-
jj;
\
ties
July 15—.—.
36.95
f
21.95
144.62 "
<
'* 65
-
10
-
Indus-'
-
„
'
Second
Grade
Grade
-trials;
Rails
Ralls
; 107.54
102.20
10
rtJtill-
66.14
«
•
——
ities
•111.22
Total
4d
.
Bonds
•96.78
37.29'k'-.
21.84
150.25
107.66
102.27
66.09
37.88 'S-
21.84
i
50.60
107.71
102.50
66.44
111.15
145.82
38.117
22.30
| 50.89
107.56
102.59
66.59
-111.21
96.99
144.87
37.72 >.
22.05
j
50.49
107.62
102.61
66.51
111.22
*96.99
144.75
37.80
t 50.50
107.61
102:69
66.36
111.26
96.98
.
.
.
'
22.08
494,000
$96,777,500
"
*
10
First
150.08
Stocks
-
>145.30
...
July 14.
July 16
roads
144.23
10_
July
Rail*
trails
Date—
Total
15
*
Bonds—^—=
•
111.11
96.78
"
'
96.95
2,379,000
750,000
$5,561,000 '/ $2,408,000 $138,395,000
1
10
■ivi
11,000
the New York Stock Exchange as compiled by Dow, Jones & Co.:
^
on
a
i
20
22,000
Bond/Averages //ill./'
.
.
30
207,000
Total.
Below are the daily closing averages of representative stocks and honds listed
'
of
Shares)
/•■/;-
L-L—
Monday
9,527,000
:
29,000
$2,449,400
58,284,600
industrial
Total
II Called for redemption,
(Number
,//'.. !':/i./:,/// <
/: ■:
:
/.
Week Ended. July 16,1943
Sales
4
$33,000 v
409,000
444,000
$110,000
-
Bonds
./■■ — _/
595,000
413,400
440,000
-
2,449,400
—
:
Ex-rights.
1 % May
Stocks
Total
—
$4,686,000:'-/-$148,000
6,869,148
Government
Foreign
y
83/4 Feb
Daily, Weekly and Yearly
;
:
United States
>
.>
Week Ended July 16
of
Ex-dlvidends.
.
Bonds
478,170
1,054,120
1,394,110
1,678,948
1,223,050
1,040,750
j
.
1943
Stocks—No.
x
2
Transactions at the New York Garb
Exchange
Daily, Weekly and Yearly
*
Special sales,
377/8 July 13
43/4 May 10
12
Jan
A Name changed to Sinclair Oil Corp.
100 to 10 shares.
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h
Bond Record
New York Stock Exchange
c<»
FRIDAY
WEEKLY
-
1
,
Yy 'M* jvi'i**
YEARLY
-
defaulted bonds.Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions of
week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur. No account is taken of such sales in computing the range for the year.
The italic letters in the column headed "Interest Period" Indicate in each case the month when the bonds mature.
/
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NOTICE—Prices
the
Interest"—except for income and
"and
are
.
r--i
"
■.
,
'
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V
Ended
Week
GovernmentV•"
S.
0.
Treasury 4s
Treasury
3%s
3 Vis—
3%s
Trea ury
3 %s
3 %s_
Treasury 3s_.
Treasury
Treasury 3s
27/aS
2%s
2%s
23/iS__
2%s
23/4S_
2%s
2Vis
2'/2S___—
2Vis
2%s
2Vis
2Vis
2Vis
2Vis
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2Vis..———,..^...1964-1969
1967-1972
1951-1953
—.1952-1955
...1954-1956
i—1947
2s
.Mar 15 1948-1950
2s
Dec 15 1948-1950
2s
Jun 15 1949-1951
2s_
Sept 15 1949-1951
2s._Dec. 15. 1949-1951
2s
..March 1950-1952
2S______
Sept 1950-1952
2s..__
.1951-1955
2s_
;
1953-1955
l%s
.June 15 1948
Treasury
A-O
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Federal Farm
...
.—1944-1964
....1944-1949
Home Owners' Loan Corp—
1.7
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..—..—1944-1952
'7/ lVis series M—Vb
1
1945-1947
i
3s
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113.6
114.1
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104.25
106.3
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s
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s
f
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.1967
J-J
,
5 Vis 1st series—
;
(Republ)t;(
'<£
22%
22% '"V
AExternal sec s f 7s 2d series—1957
sec
f 7s 3rd series—1957
s
f
S
conv
loan
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(Commonw'lth)
External
of
5s
1927
1972
5s of *25_1955
1957
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.1956
External
s
f 6s_
External
s
f 7s
23
;*22
paid.
part
paid.
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.1960
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45
100
Geraes
A-O
s
s
M-N
98
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1961
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:
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in
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1975
1984
1960
A-O
1943
1961
1944
J-J
3s
1967
J- J
1968
s
2%s
—
3Vis
30-year
30-year
89
3s
73%
74%
*76
,.*55
68
:
91
.
34
50%
44
34
51%
21
34%
51%
87
•
83
91
87
"1" 7
94
95
92%
5
74%.
19
68%
77%"
60
76%
71%
78%
Jan
15
1958
j.J
-103% 104
8
Feb
1961
Feb
1961
F-A
—Jan
1961
A Extl
21%
s
f 6s
assented
Jan
A6s
assented
For
footnotes
1961
21%
1961
M-S
Sep
see
page
268.
1961
y-s
21%
*23
18
17
21%
A
3
22
7
if
20%
26
23%
8s
17%
30
27
17%
30
*45
50
1946
1953
J-J
M-N
F-A
F-A
27%
10
90%
97%
29
33
18%
31
27%
84
16%
30
;27
*29
27%
29
1966
M-N
29
29%
*29
M-S
M-N
*29
M-N
*25
J-J
1950
J-J
1956
M-S
secured external
series B
(Kingdom)—
-1962
extl
Vis assented
18%
25%
11
17%
17%
11%
13%
85
94%
84
87
78
87
85%,
88
64
*92
F-A
95
*87
M-N
of 1937)—
readjustment
conversion
extl conv—
readjustment—
3%s extl readjustment
A4Vis assented
16
*88
4-4%-4%s extl
21%
10
*86
26%
($ bonds
(City)
30
F-A
3%-4%-4ft
13
72
14%
M-N
25%
21%
62
1946
26
21%
M-N
46% V
28
11%
18%
A Warsaw
-14
29%
70
11%
25%
25%
38
68%
J-D
18%
25%
48%
14%
1960
18%
52% •:
48%
29%
13%
^-1964
20%
33
32
14%
6s
2
17%
41
*11%
6s
External
28%
M-N
fund
External
34
J-D
1955
f 5Vis
Uruguay (Republic) extl 8s_
external 7s
67%
51
M-N
*64%
66"%
61%
72%
67%
:1978
J-D
*63
65
60
68
1978
1984
1958
F-A
69
69
66
72
J-J
F-A
1958
F-A
1979
1979
M-N
V
80%
18%
1958
7s
31
73%
33%
1962
extl
fund
23%
17%
78%
44%
78%
78%
1958
sec
AExternal sink
23
31% b
41
AExternal sink
23%
31%
18
39%
f
8s
3%sr4-4%s
13
33%
17
2
30
J-D
25%
22
20
12
32
A-O
J-D
1964
s
35%
97%
28%
1968
26%
21%
*23
30
97
97%
A-O
j—1946
loan
(Prov of)
16%
15
27
*25
18%
37
12%
15
*25
20%
27
20%
J-J
20
22
15
J-D
20%
26%
18
(State of)—
A 7s
A4
23
17%
1961
1
A 8s
A Silesia
16
23
1967
f
23%
14
1952
1957
1936
s
23%
__
sink fund 4s
5 A Secured
24%
12%
13
16%
*21%
(City of Brazil) 8s
Sydney (City)
—
22%
21%
21%
J-J
Sep
sinking fund 6s
21 %
♦23
J-J
ARy external
A 6s
22%
F-A
assented
of)
Serbs Croats & Slovenes
100% 104
sinking fund 6s
(City
6 Vis
municipal
13%
15
15%
A-O
J-J
:
28
>16
A-O
A-O
A-O
105
Aos
A-O
14%
1966
7'is
A6Vis extl secured s
102%
A Extl
89
J-J
102
A-O
174
1968
97%
.1960
73
20 y4
20 Vi
1940
101%
M-N
21%
19%
7s
101%
36 V
19%
1950
1963
fund gold 8s
(CJty of) 8s—
Fe external
Paulo
-
19%
20%
90
104
'
19%
1968
JASan
■
26%
84
73
11
J-D
loan
101% 101%
A-O
26
79%
73
104
;
7'*.7.
M-S
1958
external loan of 1926
A 7s
|V
A-O
1947
extl loan of 1921
ASao
70
..V
82%
1940
external sink fund gold
Santa
—
106
1961
1959
ser
extl dollar
10
.1960
2d
81%
72%
1960
1st ser
f 6s
A 6s
M-N
.1942
7s
A8s
100%
7
assented.
*81
f 6s
Rio Grande do Sul
105
102%
3
sinking fund 6s.
M-N
101%
105
^7s assented.
f 5s ser A_1963
2
105
A6s
",72
A Prague (City of Greater) 7%s—1952
Queensland (State) extl 6s
1947
A 7s
86
1
loan s f 7s
Janeiro
90%
89
79
*81
96
77%
80%
79
assented
sec
85%
8
V/b,:"' 2
A-O
(Rep of) gold 6s
assented
AExternal loan
4
90%
1955
external 7s
sink
101%
71
*104
92
101
v'b VV;' 1
M-S
s
82%
100
86
81%
.v
100%
86
1947
s
V>
J-D
(State of)
extl
-
84
I ';.-
1970
f 5s
91
2
96
"
32%
•
82% !,'93
89
M-S
(Rep of)
5
"i
b
•
F-A
s
s
2
.1963
M-N
de
17
;i32%
89%
89
J-D
A Extl
h -v:-
100
96
90
loan
102% 102 Vi
AExternal
96
90%
1967
ARlo
12%
15%
"18%
nVbv'i m
91%
91%
M-S
1963
A4 Vis
91
91
18%
ppvi
—
PJi.
A-O
1994
AExternal
1
91
*84
V
•sYb/1.:'v.- :
30
*28%
100
water
*18
15%
9
11%
rj
101% 101 »/4
extl
97%
M-N
13%
14
"'}
30
A-O
A 7s
100 %
J-J
181
F-A
101%
25
.1942
146
13%
F-A
100%
101% 102%
-1954
11
:: 91
F-A
61
J-J
f 7s.
t
12%
12%
30
J-D
Paul# (State)
A 8s external
J-J
s
17%
23% V
91% V
12%
*14% Vw
M-N
60%
1948
8s
•'
9
3
11
9%
M-S
109%
105
i
13 %
15 '/■
13%
M-S
107%
1953
External
J.J
.48%
15
(City)
13%
10
p.:
15
(Rep)
11
J-J
to
APorto Alegre
75%
76
70
18
Jan
AChile
J-D
5s
A4 V2S
95
69%
77%
75%
11%
13%
14%
15
1965
A 6s
Jan
A Carlsbad
*10%
M-N
Q-J
Q-J
series B
AStabillzation
95
8
2 Vis
3s
15%
mod 3 Vis ext
JAPoland
991/4
100
3s
—
11 :
82%
Stamped assented
A Nat Loan
99%
33
.
95
/•
53
*100% 100%
102%
97
90%
109% 109%
105
J-J
j!
V
f.
85
70
85
22
100% 100%
109%
•
"14%
14%
.1956
A4Vis assented
36%
*92%
*76
75%
F-A
2 Vis
74%
J-J
30-yr 4s
25-year
-
95
M-N
f $ bonds
10-year
b
93
'.'v'K
M-S
1976
1976
f 4y2-43/4S
s
(Dom of)
7-year
4.•:
97
96%
100
46%
V
96%
V
98
47%
,;v
12
'68%
•
1943
extl
(Rep)
ANat loan extl
(Province of)—
external
;
23% b
24
' b
62%
1958
5s
sink fund 4%s
A Peru
94
M-S
3%
(City)
A
91
1957
External
*94%\_.
Jr
sink fund extl loan
91
79
44%
Canada
•
fund 4 Vis
84
23
■'!"• f|
45
Refunding s f 41A-4Vis
readj 4%-45/8S—
-
fund 4Vis—
84%
89
J-J
18
10
80
•
14
.1957
(State)—
sink
APanama
83%
44%
External
99
100
15%
4
•
22
.1952
sink
78 %
94
f: 1 88%
89
b 21
.1944
f
s
APernambuco
82
44
!
:
*85
.1959
7s
f 5s.
s
96% 100
79
43%
f 4!/8-4%s
'
•
A-O
.1958
6s
Stamp
83%
43%
s
n
.1959
(City)
External
23%
70
441/4
External
*55
.1933
,
External
54
73
,
44%
stamped
-
V-:
"'22 '22%
'78 * .* 80 —
A-O
.1945
series A
153
.
93
44%
A 6s
23%
16
42
50
M-S
1958
1950
89% '7;
95
31
*99
21
.1954
f 6Vis
Oslo
24
93%
A-O
&
30
18%
*27
*60 ; '
>!'
87
72;^f
J-D
23%
82%
J-D
Sinking fund gold 6s
24
81
.1:
A-O
Sinking fund gold 5s_.
v
86
97V
.1945
f 6%s
Municipal Bank extl
92%
f 92%
82%
93
82% ^
1952
Buenos Aires
..
V
(State)—
external
AGs
24
151/a
•bvb2'
91
80%
82%
1957
f 5s
7 '
yV-'
86% U
.
72 >:
-
J-D
.1943
assented
-
10
90%
V
1957
s
,7*
.1954
Assenting 5s of 1899_—
4s
8
100%
1926
(City)
7 72
-v
.1957
7s
6%s
4s readjusted
External
25
1927
Brisbane
»■:
.1954
(State Mtge Bk)
Ext sec ref 3Vis
M-S
1941
Ry)
f 5s
s
(Colombia)
(Prov)
.1960
AAssenting 4s of 1904
A Assenting 4s of 1910
§ATreasury 6s of 1913 assent
24
15%
-v-;
-•
.
45
:
J-J
1955
f 6'/2s of
s
21 ;vb
.
r
64% '•( j
57
b
85%,| j
69%
V-
-
-vi
V-f
45
•
,
93 V
:
52
67
42%
13-:
36-
•
-
,..87v;,y,
.1968
(Republic) s f 6s series A
Helslngfors (City) extl 6%s
54 Vi
16
AExternal S f 6Vis of
(Central
92
*85*86%
--.-V',.,87
--
.1964
Norway external 6s
55
16
'
A;
AExternal
A7s
/55
52-
\j
54
•
47%
.1949
part
ASec external
15%
1:
.
22 V
'■{
.
"100%
F-A
1955
external 8s
64% V
61
,
•
65"
"
.V
134%
38%
V 30%
V,
.
M-S
J-D
•'
.
i
107
.106%
•
86%;i^5iV
/ 86% 86%
>).'
1949
Belgium external 6Vis
SABrazil (U S of)
bV'1'
;vbTrb;v
M-N
—1972
,
•
A-O
1971
4Vis__
'
24
22%
*22
:r>:
...
bb'l
M-N
S f extl eonv loan 4s Feb
Australia
1
.
J-D
—1948
S f external 4Vis
.1949
.
- •
104 %
b6
V
103
72% -* 96%
>
1;
v.,
Government—
AMontevldeo
15%
15
*22%
A-O
AExternal
.1945
i_
.Haiti
'
46
15
22%
-
22%
»
A-O
AAntwerp (City) external 5s_
1958
Argentine (National Government)—
extl
A 6s
•,
44
22%
J-J
series
5%s
64%.
tw
t
9Q
101%
102%
64
96
•64.., ',65Vi
A-O
,
A4%s stamped
1-1,693
54% , l|;.-1
82 VV
'b'L*,-
*62
'*
;•.
J-J
1945
1957
1st
*51
•
1 Q
100%
.-.,,134% 134%
65%.
52
39
->
10
;:b
*51% V-
F-A
54
1.
95 %
A-O
•f
38
37
48%
24%
104% 104%
,
A-O
M-S
5 Vis 2d series
30%
-40
*102%
'■;;'
J. J
§Alst series 5Vis of 1926
'
30
'
22%
J-J
1945
7s series C
AExternal
;,
A-O
A Sec
1
54%
:-,/vv.;-
._1968
4s
7s A
V_
.1942
MInas
.
*52
F-A:b;-r
1948
coll
J-D
.1962
Ad 5%s
7s-
':'Y"
(Colombia)—
of Norway)
(Dept)
i-
.1952
6s_—
Municipal
6s
Akershus" (King
J-J
i_
.1942
"2
•30%
'
,102
*102%
64
"
•
colli
New York
Broadway,
.1947
F-A
J-D
.1955
External
6s
;
64
48%
\
51
23%
v
♦100
1953
8s ser A. 1951
46
38
49%
*43
23%
;
1945
-
52
52 **
38%
8
.
-
38
1949
—.
wks
External
fund
:
23%
Mexican Irrigation—
Members New York Stock Exchange
Bank
Mtge
M-N
s,
*36%: 40
50%"
1977
:
Sinking fund 5 Vis
New South Wales
sink
7s
5s of
French Republic 7s, stamped
■- 7s unstamped
v
Foreign
1953
of)
M-N
J-D
64
47%
*36%
F-A
; AMexico (US) extl 5s of 1899 £__. .1945
wertheim &
AGtd
1946
F-A
AJugoslavla
■
r
;
23
18
4
64
47%
V.
1947
A7s
-
VbVbV8#bi-l Foreign Securities |V|S|
Agricultural
,
1949
A
120
(Rep
Finland
103% 109%
active interest in
v
|J
A-O
Irish Free State extl
and other
2-2300
.
25 V:
63%
—
M-N
AMedellln
Telephone
24%
22%
16%
"
X 222 '
108%' 109%
-
South American
REctor
17%
21
63%
f
V
63%
M-S
Greek
109.
J-D
We maintain
:
V
'20
.
v *20%
.
'
1952
5Vis 2d series
.
v
III 1947
AEstonlai (Republic of)
V M-N.
20
63%
,
1944
102,28.
102.2
j
i
;
Rica
Customs Admjn
-
n
102.2
V '
__
A-O
§A2d series sink fund
>
,
8tock.._i..._.—1980
3% Corporate
10
J-J
Bank 6 Vis
External gold 4 Vis
IADominican Rep Cust
•
100.29
103.16
":
::v—7" 101.12 101.12-:
*19%
24%
23%
'
;v
A-O
8s series B
>5ADenmark 20-year extl 6s
External gold »5%s
100.28
,
1961
r.;.i ASinking fund
100.23
100.9
,2
15
100.29 100.29
J-D
1961
1970
5Vis_
ACzechoslovakia (Rep of)
100.28
100.23
100.23
' 1
7 100.28 100.28
.
-
V
101.6
*101.4
_7
M-S
;
*101.11101.13
.
M-S
V
100.26
7
7*101.12 101.14
■7-
J-D
100.14
100^15
*101.16 101.18
.
M-S
II
1951
A
7*104.25 104.27
„
;
17%
•
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-
7
24%
>17%
19 %
li b
M-S
j-d
;
V"' 24% V
•18%
19%
M-S
Oct
bonds
$
(Republic of)
External
106.23
101.14
;
"7
•
M
24% v
•' 24% :
20
M-N
1904
Cuba
•
4%s
102.6
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„
,
101.4
105.7
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-
««
100.22
101.25
<
.7-
107.6
• *107.4
„
100.6
100.15
,
79%
17
13
M-N
jan
f
s
Copenhagen (City) 5s
; 25-year gold 4%s
100.21
104.30
15
7-
*106.23106.25
'
^
101.2
101.2
;
•
b/
30
100.14 100.17
100.14
J-D
M-S
-
external
i
ASinking fund 7s of 1926
ASinking fund 7s of 1927—1
101
100.3
6
100.21 100.21
25
; 17%
20
19%
;•(
•
25% <j
19%
„
22
26
18
;
5
•
1928—
1927
AColombla Mtge
104
104
100.10
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100.21
20
5
A-O
1991
5s
(Republic of)— ^
of
of
3s
104.20
103.24
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'■
__
,
J-D
•
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104.20 104.20
M-S
20 V
26
V
25%' ^
-20%
'b
20%
21
A-O
1960
(Hukuang Ry)
23%
21%
*19%
J-D
'
.1960
A63
•
106.20 107.13
*107.22 107.24
M-S
,
1
107.6
:
.1962
assented
Chinese
J-D
|
j
;
High
18%
12
'
v
21%
-
<
Low
No.
2
21%
20
21%
January 1
'
:■ j-d
1962
assented
V
20 V..
1961
a 6s
107.11
*107.9
.
V.
f
7s
•
Range Since
Sold
;
.
i.b
.
21%
°23
M-N
; j-d
1961
1961
assented
Colombia
*104.10 104.12
,
1961
21%
<
High
Loto
' *
*23
:
Bonds
Friday's
Bid & Asked
112.20
"
J-D
.1957
-.
Chilean Cons Munic 7s
a
a
108.26
*112.14 112.16
A
<
111.16
108.21
1957*
6%s
or
'.=
M-N
.1963
%s assented
a 6s
A-O
.1963
AGuaranteed sink fund 6s
107.6
112.4
6s
AGuaranteed sink fund 6s
A 6s
Last
<
A-O
1962
A6Vis assented
104.5', 104.26
,
1962
Week's Range
Sale Price
b '*
6s assented
A 6
r
(Continued)— -p.,
ASinking fund
v
112.23
109.9
Period
AQhile Mortgage Bank 6 Vis
108.10
112.4
*112.2
..
;7"i:..
J-D
106
110.6
110.2
*112.2
__
J-D
105.28
"
*107.16 107.18
„
M-S
110.20
a
106.30
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s
M -S
106.6
110.13
1H.9106.4
112.11 112.11
112.11
;
'
2
•
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:. AExternal sinking fund
103.3
7 *112 7 112.2
.
__
V
M-S
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nn.7
n06.2
,
..."
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vr:i: 1
.
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7 106.13 106.13
.7
7
102.1
102.1
•
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AOs assented
■1
"3
Exchange
AExternal sinking fund 6s
*,
,V:VO
York City
New
;,.
Transit Unification Issue—
.
-
Chile
j
Mortgage Corp—
b.
3 Vis
.
•'
t*
J-D
J-D
2Vis
Treasury 2Vis..
Treasury 2 Vis.
Treasury 2s—
Treasury
7:7'„
J-D
;
:
100.24 100.24
A-O
;
High
Stock
Friday
Week Ended July If
1
'*107.20 107.2,2
A-O
2Vis
Treasury
104.25 104.27
M-3
Low
4
113.16 113.17
77 '_.
January 1,
JVO, 7;
York
New
Range Since
Sold
High
J -D
.
Bonds
«• -
7
'
1949-1952
——.1946-1948
1951-1955
1955-1960
1945-1947
.1948-1951
.1951-1954
.1956-1959
i
1958-1963
1960-1965
:
1945
1948
1949-1953
.1950-1952
1952-1954
1956-1958
...1962-1967
..1963-1968
Treasury
Friday's
7»7;7A Ilow
'
i—.1947-1952
1944-1954
1946-1950
—..1943-1945
..1944-1946
.1946-1949
Treasury 414s
Tren <ry
••"'/'7,7-
r'or
r.'; 1 : b
bonds
*
Sale Price Bid & Asked
Period
July 16
Last
•->
>Interest
7'
;
Week's Range
Friday
r-
Exchange
Stock
New York
f
-
BONDS
67
67%
•
~2
52%
*11%
12%
64%
13%
12
12
12%
12%
10 Vi
13%
"l
66
;;
:
'
158
Volume
THE COMMEKCIAL & FINANCIAL CHRONICLE
Number 4195
•
•■J
265
r-r< •'
■
NEW YORK BOND RECORD
f■
BONDS
i
New
'"
\
Stock
York
Exchange- *:.v
'■
Week's Range
Last
:
Interest
»
or
BONDS
Friday's
Bonds
8ale Price Bid & Asked 1
Period
J .*
16
Week Ended July
Friday
'
r
Range Since
Sold;
1
,ii"
Low
•;
High
No.
Low
5 A 5s
series
A
AStamped
unstamped
Gt
1st
1st
Southern
1st mtge
Alabama
series
4s
cons
1st
65%
4-_ii
,
-
.-vr
V-
*102V*
19
"■'C*'
;
.
104%
J-J
f
r
.
101%..
*103% 105"
'Hi
M-N "
___1967
3%s.—1972
A-O
110
r;
—
A Cent
102
104
%7
108
66%
110
-
66%
68 Vi
62
•99%
99
.—.1949
modified—
5s
1950
Income
'
—1998
Alleghany & West 1st gtd 4s—,
Allied
Stores
&
•
69%
89
*65%
r
Am Internat
j-j
..,105
m-n
,.—1949
Corp conv 5%s—
108'
W
104
.
90
105
/
34
1.
69%
106
7,
;
103%
Telegraph Co.—
——H...1961
3%sr debentures—
3'/4S
3s
Tobacco
Wat
deb
Co
Wks & Elec
M-S
1956
—1962
Ann Arbor
1st gold
107
General
F-A
Conv
gold 4s of
Cal-Ariz
1st
A
1st
L
1061/4
A-O
1910
106.
1st
J-D
110% 110%
J-D
104
J-J
U41/4 H41/4
-1958
M-S
gold 5s_—1946
110 JJ
Gulf &
Atlantic
I SS coll
-1959
——-1953
Refining deb 3s
J-J
/
93 %
RR
&
Ill
104
3%s
104
111
1141/4
1
17
*
* 1st mtge gold 4s_
—July 1948 /;
Stamped modified bonds—
'«
* 1st
mtge gold (int at 4% to
.Vafc
V
-
.
Oct
due
1-1946)
7 7
'
.
Ref
'
('■"
-li'-*
*
St
/
ser D
(int at
93%
326
731/2,
124
87%
368
41%
17
;f.
:
41%,
.41
'
•104
37
7-
[5
■
k'.f
'
*
'*
4
stamped——
4s
4s
104
106%
Beech Creek
m-s
"73%:"
73y»7
"77 7-47 %
*
171
\
•;-174
/
47y/r47%
■
'*'• "••'"•*•
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'
m-n/"
•
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7
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79 '7.-N'35%
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1
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61.
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t
-54
77:132
58-
•
:;f'
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68%
58
57
68%
j-j
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miivi' wi./'-/'
•
101%
a-o
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40%
180
16%
38%
32%
43
16'%
36
30
1
20
v
88
34
107%
111
98%
91%
:
100%
1992
92
70
71%
72%
60
92%
100 %
413
83
98%
3
71%
92%
195
55%
71%
*—
_.
75
99% 100%
M-S
134%
134%
22
130%
134%
1996
M-N
108
107% 108 %
31
102%
108%
1996
F-A
108
108
20
102
108%
1946
J-J
—1989
J-J
.11
*120
121
uLi-
118%
115%
115%
432
15%
31%
19
92%
100%
6
93%
51
96%
103
97%
101%
1989r
1955
Bklyn Edison cons M 3V4S—
1966
Bklyn Union El 1st gold 5s
—1950
I
Bklyn Union Gus 1st cons gold 5s_1945
.7"; 1st lien &--ref 6s series A—
1947
1
Debenture gold 5s-i.—_—1950
-
■
1957
J-J
:'
A-O
134
•'*
108 Va
II
•'
*118
26%'
•
■
26%
J-J
100%
J-J
102%
27%
i
■
26
,
7'
69%'-
registered
1949
1958
100%
100 y4
102% 103
*102% 102%
M-S
Z 97%
97%
99
F-A
82%
81%
90
47
96
91
81
65
84%
65
73%
92%
82%
91
ref
&
5s
series
A
100 V*
254
F-A
mtge
1st &
'
99
inc
(conv)
46%
47%
100
32 "
47%
—1947
124
66
' '76
74 %
75%
45
48%
113
38%
48%
47
14
31%
51%
21
31%
50
29%
47 y8
J-J
1966
118
1
46%
-
J-J
124
44%
\
J-J
.1947
5s series A
gen
124
47
! 46 %
;;
47%.
v
'
44%
"13 %*
M-N
"13%
J-J
13%
J-J
92
.
13%
68
14
6%
15%
15
6%
15%
%'X12
/ 92%
66%
92 %
43%
67%
' >
•.
'
JChicago Milwaukee & St Paul—
4s
series
A
May 11989
gold 3%s series B__May 1 1989
J-J
4 y2s
series
C
May 1 1989
J-J
68%
4%s
series
E
May 1 1989
J-J
68%
J-J
68
F-A
42%
J-J
64%
65%
65%
61%
321
61%
V
8
40%
64
217
44%
69%
109
45
69 va
'
...
AMtge-gold 5s series A—i
1975
adjustment 5s
Jan 12000
4s
A*0
AGen
5s
n
4%s
v
•66
68%
66 y2
68%
39%
42% z
14%
15%-.
.
•
<
15
'
68%
67
•
1
>•'
95
v
;
.
69 >/4
18 >/4
.42%
4%
.2,132
45'A
15 Vi
,1,942
„
:
68%
20
"
59%
60
.
62
7"
75
75
A
-
101% 102%
'
22
7 7.
7/7-
45% '77
82%
•
101%
128%
132
^ 5
99%
100 >4
31
7"' 98%
405
105%
13
■103%
105
100 -7" 7-
Railways
part paid
25%
I'
105%
19
103%
105%
44
100%
102%
5
102%
105 Va ''''";•
102%
103
*—
103.8
*
91%
7
7
28
84%
85 VV-
90%
85
■"h 54%
v.",
.!
—
91
56%
76
38%
31
110
110%
7
*100%
m-n
104%
m-n
j-d
104%
■
j-d
110%
>.
73%
;r-
86%
39%
•' 23%
103%
105%
104%
106%
20
30
23
83%
99
-*
33%
57,
59
i 63
-
33%
64%
,
-.-
59%
28*
39%
77%
98
23'/a
46 Vi
72
22%
47%
9
23
47%.
905
4
,
47.
46%
47
12
12%
:
50
/
x
13%
stpd
56%
1927
F-A
56%
1988
J-J
57%
55%
58v2
676
33%
58%
57%
57%
57%
3
35
57%
33%
34
1,395
19
34%
36%
39%
1952
M-S
39
1960
M-N
11%
V
46%
16
712
58
20%
39%
11%
11%
J-D
*90%
91%
1951
J-D
*72
1951
gold 4'/2s
3%s
guaranteed
Union
1st
5s
J-D
1960
J-D
73%
74
11
62%
74
M-S
56%
57%
27
49
62
Dec 1 1960
5s
485
4y8
13 Va
4
70
*44
59
70
90
67
'
•
■
69
69
deposit
Station—
75
53%
71
—
"
23
107%
110%
103% 104
11
100
104
103 Vb 104
21
94%
104
105%
1963
J-J
104
J-J
M-S
1943
A-O
73%
1957
1st & ref 4'/4s series D
109% 109%
1962
4s
com
109%
1952
mtge 3yaS series F
J-J
1963
mtge 3%s series E
Childs Co deb
-
2
.103% 104%
59%*
A-O
•'53%
..1952
M-N
105
39
97
74%
113
41
51
55
100
52%
53'/a
25
111 y8 iny4
13
104 y4105 y2
.-;77
58
41%
30
!110% 111
46%
34%
Chic & West Indiana
111
'108%
>
46
v
deposit
1st
91
77%
70%
12%
5s
57 V4
35%
!
•:;45%
J-D
M-N
58%
30%
33%
34
196
w.
;
1949
23
8
64%
46%,
May 1 2037
1st
100%
80
v'
M-N
M-N
A-O
Chicago
63%
J-D
Memphis Div 1st gold 4s
Debenture
.
/1
104% 104%
*110%
7
/
i-
^.May 1 2037
Chic T H & Southeastern
"
—
106% 106%
*.-* 93%
94% ;
94
m-n
f-a
92
92%
7" 38
••
f-a
78
29
54%
*100%
a-o
m-n
14
92
59%
;.
32
1934
Income
59
59%
45%
;
of
58 v4
J-D
1st
.'32%
;•
30
r-
May 1 2037
4yas C„
tSAChicago
Gold
104% 104%
92
.—"—.1930
Chicago St L & New Orleans 5s_—1951
101% 102%
102%
38%
•M-N
2
59%.
■
59
-
AConv
105 y4
17
i
ref
&
'
;
'-58%
5 ARefunding gold 4s
§ASecured 4'/2s series A
100%
//.:z z"
1987
w'-.
•58%
M-N
1987
6V2S—
ACertificates
•'•V--
.-132
7100
j-j
f.-a
M-N
58%
58
*
"
*58%
M-N
1987
JAChic R I St Pac Ry gen 4s
104 y4
100
^*a
m-n
1987
.1987
stpd Fed ino tax..^.
gold 5s
1st & ref 4%s stpd
96% ,7
131
j-j
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inc tax
ref
&
A 1st
Y:;["]■
777:
100
■■//
M-N
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45%
99
A 1st
..
M-N
—
stpd Fed
SASecured
-
■
1987
Fed inc tax
p
L
——1987
i
registered™
AStpd 4s
AGen
7 •--7
1987
3%s registered
AGeneral 4s
7
61%
^ 46
:
19
v;
40y4
105%
f-a
Niag Elec 3Vis series C—1967
100
100
1949
1949
:
>?•.•
100 %
a-o
——1981
96
104%
110%
115%
109 ?
111
i.
5s
5s
$AChoctaw Ok & Gulf cons 5s
Cincinnati
& Elec
Gas
1966
mtge 3%s
Cin Union Term
1st gtd 3y2s D
gtd 33/ars series E
1st mtge
Cleve Cin
Chic
& St Louis
Ry—
66%
53 %•
F-A
1967
3y4s_
1st
J-D
1971
*111%
F-A
;
*112 y4
78
38
59
28%
53%
108%
111%
110%
...
110% 110%
M-N
1969
lllVt
108%
110%
109%
•—
112%
.
'•
112
71
85%
87 Va
J-D
90%
90%
90%
4
85%
90%
Ref & impt 4y2S series E_—__—i1977
::;
m-n
44%
7
44%
45
98
35%
r;
J-J
57%
56%
57%
215
46%
50%-
61
Cin
J-J
57%
57
57 Vz
—1990
M-N
82%
—1970
J-J
General
gold 4s___
-1993
J-D
General
—
7
Buffalo Rochester & Pgh Ry—
;77y
7 7 Stamped
modified
(interest at
V
3% to 1946) due..
——1957 "
1949
4s
tChicago & North Western Ry—
AGeneral gold 3yaS_—
-
1317/a
.
m-n
tABoston & N Y Air L 1st 4s
Buffalo
84%
34%
-
68%
91%
70
M-S
gold 4s
cons
Division
A Conv
52%
100
a-o
series II--—--—-1955
gold 4%s series JJ——
1961
1st mtge 4s series RR—
-I960
Alnc mtge 4Vis ser A——July 1970
'
112%
71
95-
75%
57:'">-7
SlYai 70
*45%
*96%
■
m-s
1st lien & ref 5s series B
110%
18%
107% 107%
48
52% ;
24%- .37%-'^
•
.
j-d
Buffalo Gen Elec 41/2S B
A-O
F-A
1
28
157
30
*
J-J
-
*»•
'
1967
1st
7
37%
36%
31%
,.'
98 Va
M-N
M 3'/2s series E
ACertificates of
'17
19%
53
20
32
107%
Jta48
A4%s stamped
'
- -:
■
1944
—
1st 5s A C——
6 V4
35
5
34%
•
31%
J-J
7 32%
318- 7 '
7 33%
32,
763%7 65
.
'I''
a-o
2%s
Maine
J-J
1988
.■
65
;W" 'V-
7'x
j-j
j-d
Beneficial
Boston &
19%
12
•
'•r- 82%: 84%
33%
AGen 4%s series F
May 1 1989
tChic Milw St Paul & Pac RR—
75%!
'V!;32%\752%".'
-
1951
Big Sandy 1st mtge, 4s
35%
M-N
/
" 32
f-a
j-d
7
77
1971
•
Indus Loan 2y»s
.—1950
debentures————1956
i
Beth Steel 3y2s conv debs-1952
Consol mtge 3yis beries F_——1959
*
7 cousol
mtge 3s series G
1960 -></.
7;
Consol mtge 3%s series H
1965 7:
»
17
52%
32%
112% 112%
'
84 %t
AGen
'5^4
'
76% "
:75%
£ *0 42%
j-j
1
*-*4
J-J
t.
*
133
m-s h"i- 42 va
Bell Telep of Pa 5s series B——1948
1st & ref 5s series C
——-I960
;
50
6%
57%
'
AGen
■'
extl 1st gold 3'/2S
23%
39
102%
7
A__,
: A 1st &
gen 6s series B__
May 1966
Chicago Ind & Sou 50-year 4s
1956
cV;-.;fe, -if,}
J-D
1st gtd 3s__1989
Battle Creek & Sturgis
90
98
17 Va
1977
A
'
r
68%
41%,
16%
J-J
—1942
5%s
ARefunding 4s series C
104%
to • J
—-—.—1951
———-1951777
7
Banking—1
Prod
ARefunding gold 5s series B
/-,:7
Bangor St Aroostook RR—
Con ref 4s
30%
52
60 y«
105%
i7f 7
V'£"7 ' !
•/•
A-O
1982
40
100%
-427' '42%. •
"
•
*
j
35
89%
52%
J-J
1997
45%
,$£;777777'77
-1995
Toledo cm Div ref 4s A.——1959 .7
\
57%
32%
Chicago Gt West 1st 4s series A
73%
7:
86
29 l/a
.7,'2V
*1061/4 106%
A-a7
to •"
Pgh L E & W Va System— V
Ref gold 4s extended to—-1951.i/:
S'west Div 1st M (int at 3%% •:
to Jan 1 1947) due——.—-1950
"t
16%
52%
AGen inc mtge 4'/2s
2038
tAChic Ind & Louisville ref 6s A..1947
93%
67%
63"
774% •
32%"
.
7;
&
registered
AGen
j-.'
.
]
7
98
102
104%
:
'5
:
104
A-O -X/77" - ItV2
1 1946) due„
-^-——2000 /•'
■'Ref & gen ser F (int at 1% to7 '
7
> .; Sep 1 1946) due
19967
I;7r AConv.- due—
Feb 1 1960 .%•
}'
A-O
J-D
J-J
Chicago & Erie 1st gold 5s_^
vf/t'
v-
.
24
48
102%
Chicago & Eastern 111 RR—;■>, ••
1J0
103%
1021/4
6
.92%
i; .36%
77
t
101
'
AGen
jSep
.
5
19
1st
'
(int at 1»/b%
*v" "
due————1995 •
gen ser C
1946)
to Dec l
Ref & gen
1st ref
General 4s
112%
110 hi
1U9%
,72%
•
M-S
—July 1948-'
Ref St gen ser A (int at 1%
Dec 1 1946) dueL—
]-7/7-.7.
106%
%
1st & ref 4%s series B
102%
,
__
-
••
58
105% 105%
101%
1987
;
Power 3%s
Div
Illinois
!::
110%
B
:
.1987
impt mtge 3y2s D__
AGen
1
58%
1987
—
Illinois division 3yas
:
107
71'-
104
103 3*2 103%
87
,f104 U
J-J
7;:7/'
"
4.1961^
gold 5s_—.1987
2d consol gold 4s
106 l/a
95i/4
105
186
■
J -J
«
Baltimore St Ohio BR—
15%
JAChicago & Alton RR ref 3s—1949
110%
i 72y2-
M-N
.
tr 5s—
;
105%
:t
J-D
4Vis A———.1964
gold 4S—
W
16
1966
gtd 4s
stamped
*
107%
22
noji 110%
.
M-S
4s_—July 1952
cons
A-O
101
10
'
v
A-O
R & A
;
96%
1.
1955
30-year 5s series B„_——1944
unified
1959
104%
110
'
F-A
,
J -J
coll
:
YV
*109.
Coast
40
Potts Creek Br 1st 4s
7
7102
IIII/4 119
38
106
110% 110%
L 1st 4Vis A_
Y
Ref & impt
103% 106%.:
:.
41
1962
Ref
74
71
••
103%
J-D
107
*109.20
N
61
57
.118%' 119
119
.
J-D
&
'
k" 106%
Nov
L.-Oct, 1952,
Atlantic & Danville Ry 1st 4s
1948/
Second mortgage 4s—
——-1948
Atl
106
.106
J-J
General
51%;
102
1944
Atlantic
106
79
—
1st
106%
M-N
ref 4 Vis A———1962
&
Nor
104%
98%
106% lOf
Trans-Con Short L 1st 4s
Atl & Charl
106
M-N
Chesapeake & Ohio Ry—
General gold 4yas
116.%
7-100%
—.'-I960
1905
Atl Knox &
107
.48
•77-15
701/4
88%
104
105
110
60
-
,
7,
•
73
;
,
;
.
55%
89
104%
High
62
107%
Chicago Burlington & Quincy RR—
1995
of
*72
107%
....
52
F-A
110%
'Vy
4s
4s
23
.v
*101%
J-J
Adjustment gold 4s——1995 (:
Stamped :4s_-i_':i--ii_^-w-w--;-iA.1995 ;
Conv gold 4s of 1909
—.-1955
Conv
j
>69%
M-S
Bdge & Term 5s 1964
Armour & Co (Del) 4s B
—.1955 -.
; 1st sink fund 4s series C
(Del)-1957
Atchlson Topeka & Santa Fe-»
70
Q-J
4s__———-1995
...
1071/4
60
IO41/2
IO41/2 106..
72
N
Central
436
.104
106
v
:.
1151/s 116 i/a
104 y2
?
Jan
Ark & Memphis Ry
;;
116
A-O
M-N
AAnglo-Chilean Nitrate deb——1967
109% 110
.
series A—1975
3s
6s
53
1101/2
1st
registered
Certain-teed
110%. •Ho
.
J-D
—1966
debentures—.
conv
Amer
Am
debentures
A-O
J-d
gtd gold 4s"949
Through Short L 1st gtd 4s
1954
Guaranteed gold 5s
•
11960
5s
American Telephone &
J-d
.1945
„
4s—
Central Pacific
105%
>,
4s
Central
91.
104
'
.1947
Nov
registered
AGeneral
"
-
.7
110
78%
21
106% 107
•
102
181
.
5s
89.
107
57a
■
,
J-j
Light 3V2S
Eng
|ACentral of N J gen
.
.931/4
.
.-53%
•'.1^8
109%
89
-•107
-60%
99
62
J105% C'«105% 105%
J108
m-s
897/8
38
226
m-s
2030
deb 5s—...
Amer I G Cliem conv 5%s_i—:
...wl949
Foreign Po%
r
70
355-:
-*
93%
-.
Illinois
fACent New
k
99
f-a
v
—1952
Mfg conv 4 s.
'
r
a-o
1951
Corp 4%s debs—
Allis-Chalmers
Am
98
Z
a-o
___
.
I-
98% V
92%/v 90
188
84%
a-o
.—.1950
modified--—.:
A 5s
■?
j-d
F-A
1945
gold 4s_
m-n
.1948
....
Low
4
77,
Central
i;.V4K
...
w__
Range Since
January 1
No.
105
.1950
St gen 5s series C
1959
ACliatt Div pur money gold 4s_. 1951
AMobile Div 1st gold 5s__;
1946
100%
93%
—
U P 1st
105
*,
Sold
*109% 112
.1962
A Ref
67
94%
Branch
w
105
■-
Bonds
•
High
.1981
w
ARef & gen 5yas series B—
70
62
L
Corp 5s w
1st gtd gold 4s
Corp 3 Vis debs
^Central of Georgia Ry—
A 1st mtge 5s
'
§ A Consol gold 5s
102
101%
100 Vi 100%
i
Gen
4s
Adir
&
Celotex Corp deb 4%s
"
110
•
*66%
A-O
3V2sregistered_-.+--,~..-..-._..-1940 /././A-O,;;/
5s
|
Friday's
Bid & Asked
M-s
Celanese
/ 102%
1031/4- 106 J
•
J-J
Ohio
&
1
or
Low
.1965
Cart
102
*11
A-O
Alleghany Corp—
7
7
Week's Range
Last
Sale Price
"•.
.1949
Clinch
Carriers &
71%
1041/a
J-D
Albany & Susquehanna RR 3%s—-1946;:
i
Friday
Interest
Period
■
48%,-76%'
102
.
*104
J-D
Albany Perfor Wrap Pap 6s_._____1948
6s with warrants assented.i_L-.1948
■
67%
*103%
P-A
1946
—.1943
mtge
64%
'
1
J-D
...
5s—1943
A
cons
B
3 Vis ser A
Power
/-D
J-D
M-3
,,
1947
,—....
10-year deb 4%s stamped___
Ala
1
.4
|§ A Carolina Central 1st gtd 4s.
1953
——1953
..A.,—.,.
Coll trust 4s of 1907
i
;
,
Exchange
July 16
Carolina
Adams Express coll tr gold 4s__—l.1948
{
Stork
Ended
High
and Industrial Companies
tAbitibi Power & Paper—
.
York
Week
-
Railroad
■,
New
b
January 1
5s series B
1993
Wab
ft M Div
1st
4s
1991
"
23
46.-
82 y2
32
65
108% 108%
19
89%
-
„
...
58%
r
JBurlington Cedar Rap & Nor—
§ A 1st & coll 5s—
—:
•i
f
-
of
ACertificates
•
deposit—
St L Div
1934
—
w-i——1952,
Bush Terminal 1st 4s
'
Consolidated
21%
5$—,———1—1955
Bush Term Bldgs 5s gtd—I
1960
.;•;
.
21
21%
20
a-o
20
21
7 86%
a-o
j-j
73 Vb-
73%
a-o
*83%
~~
197
97
86%
3
73%
15
87%
11%
23%
11
coll tr
1st
gold 4s
22%
81
88%
58
7773%
77
88
Cleveland Elec Ilium 3s
Cleveland
&
Pittsburgh
Series
C
3'/2s
D
3y2s
RR—
1948
gtd
Series
gtd
Gen
ref
&
Cleve Short
Cleve
n
/i
Southern
Canadian
.
cons
National
Guaranteed
Guaranteed
1960
gtd.5s A—1962
gold 4Vis
gold
j-j
j-j
5s
1969
gold
4»/2S
1956
gold
4y2s—
1951
Coll
5s
Northern Ry deb 6%s__.1946
trust
deb stk perpetual
4%s
equipment trust ctfs—*
trust gold 5s
—.1944
Collateral
For
footnotes
see
page
116
m-s
117%B?',-l
95%
8
111%
1981
J-J
108
108
109
'115% 117% 7
105
105%
99
93%
83%
85%
56
64%
86%
.75%
77 v4
104
98
92%
92
'
1973
A-O
85%
.1977
A-O
77%
1945
J-D
mtge
1970
A-O
92
92
92
J A Colo & South 4%s series A
1980
M-N
46
45%
46%
Colo
5s
series B
Fuel &
gtd
1st gtd 4s
Iron 5s inc
113%
113%
115%
113%
118
-
Debenture 5s
12
117%
ACertificates
Columbia
,
"
*103%
—
59%
78
103%
104
80
93%
184
24%
46%
5
'
111%
116
Columbus & H V
110%
113
Columbus &
Sou
113%
Columbus
Tol
71.%
86%
7
100%
102%
21
103%
30
95%
104%
1st
91
lOOVi
Conv
99% 100%
—May 1952
1961
112
29
104% 104%
5s
45 va
3
25 y4
47%
104 Va
102
92%
104%
101% 102%
325
88
102%
45%
deposit
deb
M-N"
104%
J-J
102%
103
'
103% 103%
J-J
of
E
&
5
86%
85%
G
3
113 "7.
100% 10018
86%
100%
71
75%
98%
A-O
f
16
112% 113
100%
j-j
37
24
A-O
1972
f 4V2s series C
48
112
104%
99
92%
1961
&V2S
s
115 y8 116
'•
j-d
*106
gtjl 4!/2S
gtd
s
Coal River Ry
117% 118
-113
1954
1st
Term
*106
117%
107%
*116% 117%
:
79
109%
26
,118
1960
trust AV2S
F-A
105
108
1
107% 107%
—
F-A
1977
4y2s series B
Line
Union
1st
108%
.107% 108%-;:
m-s
j-j
j-j
1946
Coll
1'
117%
j-d
Guaranteed
Can Pac Ry 4%
'
f-a
f-a
•
720
94%
>108%
,
a-o
1970
.1955
Oct
Guaranteed
Canadian
; 95
a-o
1957
Guaranteed gold 5s
Guaranteed gold 4%s
M-N
1950
1st
Vj:
■1 $'
108% 109
a-o
...July 1969
gold 5s
82%
108%
■
C
Canada
105%
■c
General 4'/2s series A
California-Oregon Power 4s_
79 %
-
123
105
&
A Commercial
Income
extl
1st
El
w
Commonwealth
^1970
1955
extl 4s
Apr 1 1969
w
Edison
A-O
*110
M-S
*110
F-A
*112%
—
111
*
3%s
May
94
94
—
96
—1968
1958
110
110'/a
108%
"
17
Co—
3%s series I
debs
gold 4s._1948
3'/4s
Mackay Corp—
deb
mtge
1st
Ohio
J-D
111%
111% 111%
4
J-J
114%
114 y4114 y2
40
110
110
112%
54
110%
105
111%
108% 115
268.
.
THE COMMERCIAL & FINANCIAL CHRONICLE '
266
BOND RECORD
NEW YORK
!!
Ended
Week
July 16
Last
1
Interest
Period
Exchange
Stock
or
3%s
3 %s
3 '/a8
deb 4s
1954
1955
1956
__—1960
J-J
J-J
J-J
debentures
!
Consolidated Oil'conv
JAConsol Ry non-conv
A Debenture 4s_'
-
4s
ADebenture
Coal s f
Consolidation
5s
1st
mtge 3 VaS—.
1st
mtge 3%s
1st
mtge 3%s
1st
mtge
3%s
——
2%s s f debs
Co
Crane
f debs
Crucible Steel 3Vis s
Ry 1st
§ A Cuba Northern
5V'?s——1942
1952
gold
receipts
ADeposit
M-N
66%
1966
F-A
52
1950
J-D
106% 106%
28
1051/e
106%
receipts
A 6s series B extended to.
ADeposit receipts
Curtis Publishing Co 3s deb
ADeposit
4
105%
108% 108%
11
;
106"%
109Vi
105%
13
103%
45 Vi
5
31%
45%
33
51%
99%
45'A
45 Vi
•<45Vi
45 Vi
13
92
99%
Gold
3%s;
103
ref
1st
Joint
"109
v
J-J
fAInd & Louisville 1st
103
Ind
9
108 Vi
111
101
102
10
P & L 1st mtge
l970
3s
Union Ry 3Vis series B—1965
Delaware & Hudson 1st & ref 4s—1943
Delaware Power & Light 1st 4%s__1971
1st & ref 4 Vis./—,
1969
1st mortgage 4Vis
..
1969
Inspiration
gold 4s_—1936
1936
5s
Aug 1955
t§ADen & R G 1st cons
§AConsol gold 4Vis
JADenv & R G W gen
AAssented (subject
>
B-.——1978
impt 5s series
ARef &
to plan)
1935
Ft Dodge 4s ctfs
lAOes M &
fADes Plains Val 1st gtd 4Vis—1947
Edison 4s series F
,..1965
Detroit
G—1966
Gen & ref 3s series H____
1970
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s__
1995
Detroit Term & Tunnel 4 Vis
1961
.1950
3%s_._1962
Chemical deb 2 Vis
Dow
Dul
mtge 3Vis series
rel
&
Gen
Range Ry
Miss & Iron
Shore & Atl gold 5s—1937
Duquesne Light 1st M 3 Vis.—
1965
f §ADul Sou
1948
Ry Minn Nor Div 1st 4s
Tenn Va & Ga Div 1st 5s
East
East
1956
.1995
1950
1st cons gold 5s
Auto-Lite 2Vis debs
(NY)
Ed El 111
Elec
Elgin Joliet & East Ry
El Paso & S W 1st 5s
1970
3 Vis
,__.___1965
1965
stamped
5s
{Alntcr-Great Nor; 1st
27
38
51
39
39 Vi
47
A
39
2
cons
12
30
4
36
48Va
37%
15
27%
40'/a
Internat
50
42
48
Adjustment
A 1st
42%
37
6
26%
39»/2
30
96i%
100%
Int
:yy
108% 108 Vi
J-J
.70
70%
__
105%
1
"
7
'
fund 6s series A
103%
108 Ya
—
39 %
38%
39 Va
39%
.;
1956
1949
1949
t A Georgia & Ala Ry 5s
Oct 1 1945
i§AGa Caro & Nor 1st ext 6s
1934
Goodrich (B F) 1st 4Vis
1956
Gotham Hosiery deb 5s w w
1946
Grays Point Term 1st gtd 5s
1947
Great Northern 4Vis series A
1961
of Berg Co cons 5s
J
5Vis
Castings
1,013
48
97
48%
82
107
19
104Ya
107 Ya
107
<
107 Vi
92
100 %
1
95%
102 Va
78%
79 Vi
124
63 %
803/4
82
82 Ys
107
66%
85 Va
4%
7
l5/a
yy 12
99% 100 %
101% 101%
82%
3%
y
3%
■■
;
Kanawha
ref gold 4s_1936
of deposit. J
Kansas City Southern Ry 1st 3s
1950
Ref & impt 5s___
Apr 1950
Kansas City Term 1st 4s_^._.
1960
Kehtucky' Central gold 4s_._'__
.1987
Kentucky & Ind Term 4%s_—
1961,
Stamped
1961
Plain
!_
:
1961
9Ya
98
3Y4
3 %
A-O
34%
M-S
A-O
.
■
;•
■
♦lllYa
■///• 7!::
M-N
...
.
M-S
■
-
99
107%
16
J-J
HOYB
7106%
107% 107 Va
*28 Ya
102 VB
HOYb HOYB
A-O
_
•
-
'7.7;
•
*107%
31
J-J
77".'
v
__
77 '
;
M-S
•
7*.
'
'*'7'
A-O
■
-iw."
*107
M-S
108
.
V
103
82
64
;7' 65 7-=.
98%
14
7
100
*
Lehigh & New Eng RR 4s
101%
83
__
10
.35
100
33%
33%
M-S
19%
41
38%
M-N
11
11
-
Yd
*103%
94
94
M-N
11%
V 11
11
IIV4
9
15
80 Vi
10
94%
A-O
F-A
42
Harbor Teim
261/B
J-J
27
*48%
26%
J-J
50
63
19
30
1061/2 107%
25
MS
101% 101%
1
J-D
*99
104
112
112%
106 Vi
105%
99%
97
y
,
105%
108 %
100 Ya
103
l5/a
4
98%
101
100% 1003/4
97%
97%
97 3/4
50
^7%
978/s
5
101
J-D
Y}".2
-C, 101
J-J
99 Yi
92 Y4
6
87%
88%
6 :
71%
11
52
73Y4
91%
92 Va
19
78
92'%
91
91%
17.7'
75
92%
70%
J-J
98%
93
M-S
:
83%
;
7
98%;
93
A-O
93
;
:,a
.
./- -"."
.
*72 Va
r
*68%
75
77
69 Va
55%
56%
J-J
69 Ya
69%
72
Gen
mtge 4s series HJ
Gen
mtge 33/4s series I
7
M-N
35 Y4
36'/a
..2003
...i,
M-N
7
.
.40%
7, 35%
Vr
'■
V
37
66
52%
75%
7 69%
I
29%
42%
13
28%
40
106
32 Yi
45
-1-
313/4
413%
62
35 Ye
7
55%
,
,
42
46 Yi
'^,4." 7 c'",
■
:'0
*120%
7
F-A
7
1962;
M-N
"j
-
A-O
115
107 Va 107%
'
— —
105%
5
122% 122%
:
>■
97
92%
102 Va
60
83%
102%
99% 100%
233
1950
3
77; !* '
AGreen Bay & West
A Debentures
103 Va
:Y.
■
ctfs
deb ctfs A
83%
105%
J-J
103 %
..1969
J-J
75%
93%
..1966
69%
1945
M-S
2003.
A-O
A-O
A-O
A-O
J-J
J-J
F-A
M-S
13
13%
3
9
54
13%
107
107
18
91%
105
105
11
87%
1975
J-J
37
69%
94%
2015
inc 5s Geries A
93%
66%
66%
J-J
93%
Island RR—
1st & ref Term M 5s stpd
Gulf States Steel s f 4Vis
1952
1961
J-J
103
Gulf States Util 3 Vis series D
1969
M-N
54
22
67%
*97
A-O
94%
97
14
1st & ref
97
*111
102%
5s
1
104
111%
ref 4Vis series
1st
&
ref
4s
E_.——.2003
3 Vis series A ext
.1950
-4s series B ext.,..—1960
Jst & ref 3%s-series
Unif mtge
Unit mtge
Paducah
Houston
4Vis
Oil
Hudson
Coal
Hudson
Co
Hudson
&
1st
Gas
1999
debs
s
J-J
131 Vi
1954
5s
M-N
1962
J-D
1949
M-N
118%
1957
F-A
58%
A-O
29
A
series
gold 5s
Manhattan
1st
5s
A
AAdj income 5s
130% 131%
8
127
6
80
105%
10
103
58%
114
40%
1945
1952
-1955
105%
58%
4
117%
57%
.
131%
58%
59
118
46% -61V4
28%
29%
111
19%
31
J-J
103Y4 104 Ya
—
*99 Vi 100
J-J
J-J
.1951
A-O
*96
■
*
M-S
.1952
—i
A-O
M-N
-
623/4
,
_
^
V
footnotes
see
page
268.
57
M-N
60 34
97
,^*96
*44
J-J
■
110
120 Y4
122
Y
• •
■
*121V4 122
78%
94%
"
1093/4
111%
'
103%
104%
3
103%
108
92 Yb
67
HOYb HOYb
1
1033/4 1033/4
1
92
—
1073A
1073/4 108
I
104 Vi
104% 104 Y4
.v.
76
94 Va
99% 100
28
88 Vi
95
106
94
108% 108 %
105
.
J-D
101%
1043/a
97%
''
——'
:-n-—
65
Central RR .4s
series A
Gen mtge 4Y2S series
A_J^_._—1960
J-D
M-N
M-S
M-N
Sugar 4s sink
western
1—4 O O
92 Ya
97
96
96%
60 Yb
60 3/8
51%
1st .gtd 3 Vis
Steam
Shovel
s
f
105%
5
106%
109Ya
104
105
78%
100%
58
A-O
A-O
Stamped
Market Street Railway—
100 Ys
UOYa
92
56
92
26
84Y4
94
55Y4
56 %
88
47%
59
69
49
49 Va
70
45 Va
45%
66Ys
*41
*33 Va
50
39
63
65
60%
47
60 Va
Metrop Ed 1st 4%s series D_
56 Va
57
30
43%
57%
60V4
603/4
52
46 YB
61
Metrop Wat Sew & Drain 5 Vis
JgAMet W Side El (Chic) 4s
Q-A
A-O
1945
;—1955
102 V8 102
1950
J-J
1960
1950
M-S
A-O
1936
-
F-A
*96%
68%
100 %
Vb
103
100
*101
,
(Stamped mod) ext 5s—
59 y4
32
903/i
105 Va
94
110
100
105
105%
'
J-J
1947
62%
124
-
1941
!
6s
McCrory Stores deb 3%
McKesson & Robbins 3Vis..
*
95
102%
*110Y4
M-N
100
24
*91%
*105
100Y4
1043/4
3
103Y4 104%
105
85
M
Maine
Marion
.1951
For
33
RR—
.1953
107 Y'a
105%
fund^Feb 1 1957
f 5s
1953
AManila RR (South Lines) 4s
.1959
t§AManitowoc Green Bay & NorthCentral
5
88
AManila Elec RR & Lt s
Illinois
104
118%
105
88
Manati
..1981
98 Ya
92%
M-S
J-J
1945
gold 4%s
Ry joint monon 4s
Atl Knox & Cine Div 4s^_
62%
118% 118%
7 88
Feb 1957
f
1st
2d gold 3s—
South
M-N
;
1946
1980
& Mem Div 4s
Mob & Montg 1st
H
Ry cons gold 5s___1937
C._!——12003
series D__
2003
&
St Louis Div
*§AHousatonic
peries B_
1st
69 Vi
110
104
■
Na,shville RR—
Louisville &
& Ship
Hocking Valley Ry 1st 4Vis
56
\
105%
AGen mtge
104 Va
103 % 104
.
107%
A-O
Gulf
98 Va
14%
A-O
1950
1st mtge
102%
31
M-S
58
186
F-A
1951.
--
103% 104%
1073/a 1073/a
99
Feb
B
.1944
A-O
V
104
M-S
99%
1950
& Nor
M-S
4s
58
58
104%
99%
.
:
52
5s series C
Gulf Mobile & Ohio 4s series B
Mob
stamped....:_v—
11949
'
■
1041/B 104 %
93%
122 Va
106
104
•
102% 103
1st 5Vis B___
Gulf
M-S
..1949
104%
58
1071/4
1093/4
121%
106
.
*107%
A-O
.<•
Long Island unified 4s.
Guaranteed ref gold
102%
91%
50
75
120%
1071%
3
1063/4 1063/4
1063/4
7
70,
101%
108 %
.931/4
71
66
44
281
7
35%
45 Ya
A-O V
J-J
V
%
3
95
>
"
39%
46
A-O
5s
40 Va
M-N
J-J
112 Vi
Feb
73
32
*38%
.',t
100%
J-J
74%
71
V.
112%'
99%
73
67%
67%
1951
102%
J-./
'
89%
93
7 713/g
;7
56
-1950
100
86
•
69 Va
F-A
.11944
109
100
94%
88%
2
86 Va
72
72
\
;'V.
..1955
11
108%
98%
,
100
86%
F-A
34%
64
102%
89 Va
87
89%
■' 7;
v*
-
55%
21
J-J
93%
80
94 %
10
V— v-c'f
F-A
1965
103 »/2
J-J
101 VB
92%
J-J
102%
111% 1121/4
1976
98%
98%
85
92%
Deo
v
85%
87%
J-D
2003
109
14
.12
—
97%
J-J
Valley RR—
Lehigh
112
J-J
100%
.
^
y f-a
;
172
102 Ye 103
7*3%
1974
'
J-D
..
;—1974
1954
gtd
94%
98
933/,
170%
..
F-A
1951
102% 102%
102 Vi
61
IO6Y4 107
103
.1964
*117
J-J
83
1944
4s
J-D
93 Ya
83
90
*85
M-S
11954
—.1964
Lehigh Valley N Y 4%s ext
14%
93%
60
y
stamped.:..
5s
102%
85
M-S
A....,—1965
4s——1945
sink fund; 5s
stamped.....
1
ref sink fund. 5s__
/ 5s
1st &
11%
2
3
M-S
ref sink fund 5s__—^.>..1954
,
102%
__
46
93%
93Ye
60
.
1st & ref
98 Vi
~2
933/4
1953
stamped...
5s
102%
76%
114%
y.;.:, 'yV"
1st &
101Vi
102%
110%
111%
'
Lehigh & N Y 1st gtd gold
95
78%
105Y4
93 Ye
J-J
1945
106 Va
*104%
.1
693/4
14
J-J
.1961
.1950.
.1959
5s
65 %
M-N
J-D
55
*114 Vi
J-J
^..1960
'
' '.
;/ 5s extended at 3%
to
1947
Lake Sh & Mich Sou gold 3%s.i— ^1997
3 Vis registered..'..!
11997
Lautaro. Nitrate Co Ltd— v.
y
A 1st mtge income reg
1975
Lehigh Coai & Nay s 1 4%s A.,—1954
Cons sink fund 4%s series C_—11954
103%
wm
74
106 Ye 106 Ye
J-J
J-J
106 Ya
100%
?.
74%
49
108%
55 y
99
75
73%
105
222
95
J-J
J-J
72 Va
107
Ye
24
72%
*108 Ye
lOoVi
103% 103%
103%
85
81
62%
1
*106% 107
92
99
94%
61%
61
247
*171%
123
__
81"
a"-o
J
80%
85
81
A-O
Gas Light extd
Laclede
106 Va
.7 jl7 k.
80'%
J-J
notes
ctfs.—
JAKreuger & Toll 5s
86
*9614
85
J-J
/ Y Coll & ref 5 Vis series C
Coll-& ref ,5%s series D_.,
Lake Erie' & Westefn RR— *
109 V*
102%
■
*101% 103
M-N
67
96%
1954
Kresge Foundation 3%
101 Va
;
66
65 %
M-N
107
■Vv7 4
'
vM/y
J-J
3Vis_
Koppers Co. 1st mtge
'jf
.
100%
il
993/a 100%
7 64
111
7
82
•'
99 Ya 100
100
:
108%.
109 Ya
151Ya
■■'
46 %
29
A-O
Kings County El L & P 6s—.
Kings Co Lighting 1st
1st & ref 6%s_—:
103%
148
■
106 y4106 J/4
7 81%
81 Yb
A-O
5
-■'——•7-.
101 y4101 %
— —
;
29
*151 Va
•'.7
J-D
68
:
.
4961
1997
5s___—;—1954
4Vis. unguaranteed..
1
99
33%
23
■
108 5/b 108 Ya
M-N
h
853/4/
yy: 2
103%
:-j
734
■
51-
J-J
A-O
107 Ya
^40
34
103
,
112 5/a
111%
104 Yb
,
47Ya
>973/4
J-D
67
953/4
A-O
gtd gold 4s__1990
:
1103/4
4b'
7
17%
98
,726
*45%
'*"26
J-D
65 Vi
95 Ye
A Certificates
383/8
110%
3
—
106'/a lu/3/8
107 %
6Y'B
89
111% 111 Ye
•.
M-S
J-D
77777.
104
*97
—L
'•
287
18
*16%
r
18%
35
& Mich 1st
t§AK C Ft S & M Ry
12 Vi
•
66%
95%
K
12 Va
539
Y'W
J-D
1961
1st
45%:
8Ya
1973
1977
1946
1946
1967
6
J-J
..1959
& Clear
45 Vi
9%
J-J
4s
Laughlin Steel 3 Vis
&
103%
8%
General 4Vis series D
mtge 4s series G
70
105%
F-A
22%
93/4
General 5s series C
General
48 Ya
23 %
38 Ya
M-S
21%
8%
107
General 4Vis series E
48 %
102 %
'
1952
General 5 Vis series B
52%
24 Ya
6%
23 Ya
68
1955
2003
Steel
24%
53
ref 4s.__.T.1951
,.2003
Gen
1023/4
104
24 Ya
M-S
..2003
Gas & Elec
1013/4
102%
.
65 %
79%
103 %
F-A
11%
coll trust 6s
Francisco Sugar
2
17
435
104% 104%
J-J
529
F-A
ACertificates
1956
106
52'/a
102
,.64
165%
M-N.
8
40 %
33
James Frankl
Jones
Leh Val
1982
1043/a
41
108%
46%
47
A-O
1952
5s
108 Va
47
47%
F-A
gold 4 Vis
49
243/a
11
22%
24%
J-J
98%
82
J-J
111
40%
J-J
20
Machinery Corp 3s debs
563%
80
107
deposit
(Proof of claim)
of deposit
§A2-4s
43 VB
84
y 50
1947
Cent Ry 1st &
<
73%
1043/a 104 3/8
104 3/a
tFonda Johns & Glover RR—
Food
7 109
98
102
A-O
..1972
Lehigh Valley Coal Co—
v
5s
stamped
of
54
102% 103
51
J-J
1955-
ref 6%s
&
I
56 Ya
101
J-J
64 3/a
ACertificates
60
LI'
10
J-J
J-J
deb——1961
t AFla Central & Peninsular 5s_—1943
Flintkote Co 3s debs
.
____1958
tFionda East Coast 1st 4 Vis
1959
A 1st & ref 5s series A——1974
62%
475/a
108%
278
;/
.
104
*101 Yb
J-J
'
•
—
71%
.
104
/ 1003/a
Tire & Rub 3s
1
231
;7':
105 % 106
106
J-J
Paper 5s series A & B...1947
lien
y•
Firestone
80
59
'
*101 Ya
J-D
M-N
J-J
inc 4Vis series A
RR extl 1st 4s
60 Vi
64
41%
41%
*108Vi 110
A-O
......
Rys Cent Amer' 1st 5s B_!
1st
JAIowa
J-J
1st mtge 3 Vis
B;_„»
Int Telep & Teleg deb
1995
2015
1947
1971
Div
47%
48%
..
53 Yi
A-O
6s series
series
5s
Ref sink
99 Vi 100
—1962
Y & Erie
Ohio
.1952
1947
;
47 Vi
36%
3Vis
AGen mtge
N
'
^
,
97
53 YB
A-O
6s series A.1952
*47
Erie
1st
11
17
7<.
64
60
•;)
573/4
M-a
A_._July 1952
1956
^ 1st gold 55 series C
......1956
Internat Hydro El deb 6s
.....1944
\
M 4s series B
Empire Gas & Fuel
Railroad Co—
4s_"
Cons Copper
Int_erlake Iron conv deb 4s
45
42
■;
60%,
w7-7.
783/4
76 Vi
42
573/4
J-J
gtd 4s
Union
97%'
50 Va
36%
J-J
22
58
80
:':v
-7
J-D
Ry 3lis series B__^.i.__1986
Inland Steel 1st mtge 3s series F__1961
D
Dayton
63 Ya
6
76%
63 Ya
J-J
93
37%
100
A-O
92 3/4
'7
78 Y4
59 Va
60
.7;.:_^:7.7:;.;
F-A
1956
67Y4
54V4
85
10
*79
J-D
1963
•37%
J-D
7.
59-
•':Y.
7
J-J
_____1950
32 '/2
71
43
50
47
---
1955
112%
37 Vi
„
J-J
1963
56%
42%
.
76%
:7
J-J
•
4s
1st gold
110%
50%
--r
Iowa
&
107%
37%
J-D
1946
111
5
97%
97
*41
Ind
Debentures
Dayton
1951
1951
1951
24
7i-'
•
58 VB
J-J
F-A
A
5s series
14
112
101% 102
97%
~~~
——---«
111
110% 111
102
High
110
109%
108% 109 Vi
J-D
1946
108%
111
112
A-O
J-D
,
109 Vi
Low
266
66 Ya
78%
78%
v
111 Cent and Chic St L & N O—
K
*110Vi
; January 1
No.
52 Yb
*94%
J-J
=
1951
'
Springfield Div 1st gold 3%s
Western Lines 1st gold 4s
51%
32
♦43
1951
St. Louis Div & Term gold 3s.,
511/4
3
yy
104% 105 %
104%
'
3s.!.,..,
Louisville Div & Term gold 3Vis_1953
Omaha. Div: 1st gold 3s__+
1951-
108
106% 106%
106%
M-N
M-N
M-N
.
-~j~
extended to
A7%s series A
1955
40-year 4%S
Cairo Bridge gold 4s
Litchfield Div 1st gold
--7
RR 1st 5s
A Cuba
Refunding 5s
104%
M-N
M-N
receipts
ADeposit
111
1st & ref 4Vis series C
1965
.—1967
1970
-1966
1969
1950
1955
intge 3%s
1st
109
102%
65 YB
52
6
43
i
Power Co—
Consumers
,
Sold
High
Illinois Central RR—(Continued)
114
103 Vi 103 Vb
J-J
debentures
Low
v v
Range Since
Bonds
Sale Price Bid & Asked
106%
A-O
A-O
A-O
J-J
J-D
deb 3'is
debentures-.;
Week's Range
or Friday's
Last
-
Period
110% 110%
„
1940
1948
1956
1958
1951
debentures
3%s
•
Interest
7
High
113%
2
Friday
,
Exchange
July 16
r
103 Ya
F-A
1961
Consolidated Edison of New York—
No.
High
Low
Low
Ended
Week
January 1
Sold
113% 114
New York Stock
Range Since
Bonds
Friday's
Sale Price Bid & Asked
J-J
1951
& L 1st & ref 4%s
Conn River Power s f 33/4S A
Conn Ry
BONDS
Week's Range
Friday
BONDS
York
New
Monday, July 19, 1943
102 Va
89%
98
98%
106% 106 YB
5
105 %
1063/a
108 3/4
108%
11
106%
108 Ya
112
1123/4
24
111%
113%
*._
*11
96
13
84
6%
90%
12%
158/ Number 4195
Volume
:
THE COMMERCIAL & FINANCIAL CHRONICLE
;
.267
NEW YORK BOND RECORD
Week Ended July 1G
;
Last
Interest
Stopk Exchange
<
^
"
Central—
Michigan
?
A
:
gold 3>/aS__
i
—1952
Ref &; impt 4%s series C
LJ..1979
> Michigan Consol Gas 4S,—.1——.1963
{§ A Midland of N J 1st ext 5s.—^1940
'{§AMtlw & Northern 1st ext 4%si_1939
'
;
1
•
4%s———————1939
AgConsol ext
{ AMilw Spar & N W 1st
gtd 4s._^.1947
3%s
1941
«•
<■*
-*51
59
60
-
25%
M-S 4
Q-F
24y8
"
-
..'•64
7'A
•'H5% '^"6 A
5%
2'/a
I
|
i
27
2% '
■7
33
'.
1
.
.
,
Norfolk
1st
j
.8 '.
•
—1943
1
{
...
.,
.
J-J
>
^
v
■
18%
::.§Alst
§ A 1st
J-J
J-J
J-J
§ A 1st
;
A—ii_—„--1946
J-J
& ref 6s series
Al8t
Missouri-Kansas-Texas RR—
Prior 'Ren 5S series
'
M-N
V
r
"i
8
'
'
A-O
i
60
i
40%
52%
34%
34
36'A
;
331/2
52'A
'
35%
56'A
i
19
.
••
'■'■••
.
t Missouri Pacific RR Co—
" - A 1st & ref 5s series A.
'
1975
M-S
A 1st
ref 5s series F———: —1977
&
&
A 1st
y;
,
V
/ 36%
•59%
i
58%
*'
vi 35%
;/■* 5%
15%
36'A
58 :v=
35%
59%
38
59 '
15 '/8
2,070
59%
294
/
60
,58
581/2
527
591/a
,
Y
.1966
:
Serv—
-I960
;.'/*•/'
M-N.
1938
-1991
59 /
1
"
•/."."if
99%
11
Z
63ya
65
/•
.
;•
j
/.
'
-
I
I
65
101%
104%
1131/4 ;
I
112% 113%
4
110
113'A
1071/8107%
;
17
103%
107 ya
1
89
94%
j
J-D
-1951
J-J
gtd 3%s__.
2000
J-D
50%
50
50%
85
371/2'
51%
M-N
49%
491/4
49%
65
35'A
50%
-1955
M-N
44%
44'A
45'A
55
31%
46
J-D
M-N
series B
107 y4 •:*
,
—\
*94%
■.
108%
—
.
of
C
of
series
ACertificates
5'/2s series
ACertificates
Ref
&
Conv
102
102
101'A
103%
;
125
125
A-O
HOVA 111
107%
A-O
J-J
N
;
64
111
108%
97
64
108
41
75%
12
2
110%
4
19%
100
106%
109%
111
109 'A
107%
110%
107
110
13
*108'A 108%
103% 104
102%
106%
5
104%
106'A
J-D
106 '/a 106%
6
105%
J-J
109'A 109'A
2
108%
110
4
109
110%
J-D
103%
M-N
106i
106
106
107'A
M
50
75'A
70
71
23
49%
711/4
79'A
*74
52%
79%
75
75
1
47%
75
■
■.
61%
62%
125
51%
67%
A-O
57
56%
57»/4
457
47%
/. 378
52%
81
82
67
67
_1998
F-A
63%
62%
63%
1998
_
registered
~
F-A
59'A
59
series
C
1947
extended to
mtge 3'As
debentures
.—1950
.
gold
40 '
Pere
66 'A
47%
■i
.
61
1st
notes
series D—;
3'As series E
& ref
Y & Erie—See
153
77%
94%
84
616
64%
85'A
series
series
4s
A; 37
1947
—1965
1966
A-O
*94i/8
A-O
65
75 5
86
109% 109 y8
A-O
95
110% 110%
J-D
116
F-A
73'A
75
75
96%
V
6
109
-1973
116
4
-
./*
1111/4 111'A
F-A
*101'A
M-N
M-N
M-N
.
1947
ANon-conv deb
3%s._
-U954
ANon-conv deb 4s_——1955
ANon-conv deb *4sa
1956
A Debenture certificates 3'As
1956
deb ,3'As
•
,
117%
112%
100
731/4
79%
f.=
"
: 100
-
*•55%
.
;
Bait
M-N
47/
455/»...
45%
47'A-
44'A
45
.
•
w
■
53
52
-
52'A
A-O
67%
67
-
68
33
M-N
18
11 Va
18
>59
J-D
48
471/2
49%
.
52
62%
:
3s
.
1st cons gtd
J-D
4l& .-—1993
A-O
El Lt & Pow 3'As—. .—1965
1958
1963
footnotes see
page
268.
9%
10
10%
"
.—1955
——
1007% 101
M-N
M-S
56%
-
55%
5
56%
110'A 110%
M-N
*106
J-J
J-J
41/2
5
109%
107%
109'A 109%
105
104%
4
67
■
6
78
100%
'
'•
92
116%
—
V
•
105
57%
117%
103%
102 3 a 102%
2
102%
108'A 108%
11
106%
14
101
106%
104
105'A
12
102%
107
102
109
108% 109
25
106%
109%
42
98%
107%
*105'/4
1031/a
1031/a 103 '/b
108%
Gen
36'A 1 55
30
90%
139
6%
4
110% 1101/4
M-N
110%
M-N
991/8
A-O
103% 110%
98%
99%
110
109 Va 110%
J-D
116
115'A 1161%
121% 122
15
108
5
108
222
23
207
22
Va
108
A-O
284
89%
—1981
A-O
106
104% 106V4
70
961/a
J-J
105%
105
106'A
54
95%
^1984
1952
M-S
1960
98 '/a
A-O
1947
95%
A-O
97%
98%
78
2
56
57%
38
121/4
12%
110%
90%
111
44%
116%
97
106%
106%
98'/a
H21/4
58%
27
5%
14 'A
106% 106%
F-A
Ry 5'As
96
111% 111%
571/4
1
106%
106%
90 ■90'A
78
72%
Apr
1974
95
110%
88%
99'A
119% 122%
101% 110%
90
J-J
81%
J-J
75'/a
82
41
75
76
82
57%
106
107
28
104%
64%
91
83
76%
106
1st gold
1943
M-N
100%
100%
102%
1974
F-A
*122% 129'A
118%
121
J-J
*117
111
116%
108%
lll'/a
coll
&
4s
B
C——1977
series
1981
100% 100%
9
109% 109%
105% 105%
99
112%
112% 112%
6
104%
J-J
4
105%
1041/4 104%
26
J-D
1961:
D
tr 4'As.
:
ref 3yas
1-1967
*'
of
•<
——1963
M-S
{
'
debs———...1951
J-J
2
101
•
12%
j
|
2.1963
4y2s
7
1st
58%
|
110
111'A
105% 108%
{
4 l'A
108%
109%
C
Pitts Coke & Iron conv 4Mis
Pitts
Steel
1st
mtge
4'As
mtge 4%s series B
Va
&
Char
Pitts & W Va
—
107
*106
1st 4s gtd
A
1st 4%s series A
i
1st mtge 4%s series B
;
1st mtge 4%s
7%
*__
i
1
F-A
series C
8
112%
».
102
104%
;
20%
8%
40%
15%
104
104'/4
106%
9
3%
9
4%
7 'A
8
106% 109'/a
179
104%
110%.
1041/4 108%
1,006
103%
108%
105
105 Va
*104%
*991/4 106
110
111%
M-N !
*113
111%
111%
F-A
*113
112%
114
*>
M-S
T
J-J
1952
J-D
J-D
119%
*122
122
119%
*122
F-A
121%
105%
115
115
115
1
115
115
115
10
105
115
107%
106% 107%
6
100
107%
J-D
95
103
102
102
102%
13
98%
102 %
102%
102% 102 V\
5
98 VA
102'A
102% 103
,
f.
a
19
106
M-N
•'
105'/a
10
108%
r
A-O
1958
137
105%
110%
*112%
J-D
M-N
.-1959
—1960
14%
48
106%
106% 106%
M-N
1964
1970
1975
—i.1950
1950
-1943
38
96
107
1977
guaranteed
mtge 5s series A
Gen mtge 5s series B
Pitts
13%
13%
M-S
M-N
j—...——.
4'As series
371/4
V-
1949
4'As
cons
J-J
J-J
l%s
cons
;
J-D
1st s f 4s__
1937
deposit.'
L-i
bonds
J
M-3
A.—1-1962
—
debentures
Petrol
Series
,
17
F-A
109
J-D
■
17
*108
108%
1970
deb 6s
Called
Gen
.—1954
.
J-D
series
Electric 1st
ASerieff-I
491/4 -78
8%21
166
V
JAN Y Ont & West ref gold 4s_. .—1992
*116%
:_1905
Pittsburgh Ciuc Chi & St Louis—:
Series D 4s guaranteed———1945
7
3eries"E 3%S gtd gold—
—1949
Seri >s: F 4s guaranteed gold——1953
Series G 4S guaranteed
a:
—1957
Series H cons guaranteed 4s._ 1-1960
491/4-
33
371/4
275
J-J
1957
& ref 4'As series of 1927—1967
-
'
1940
4s
92
■
10
M-S
4'As
Phillips
/: 32% / 53
31%' 49%.
73
>38
1948
6s
§ A Collateral trust 6s
91
„
1980
1952
series
ACertificates
49-
31%
/ 71'
45%
77%'"
'
3'As deb-
& Wash
{§ APhillppinc Ry
34."-;? 52 p
>**31%.
>9
•11'
45'% '
J-J
i.-
20
47
77%
.-1968
Philip Morris Ltd deb 3s
79%
11
45
ir 44 'A
A-O
J-J
•,
44%/ 45
44'A
M-S
-
F-A
ext
gold 4y2s
79%
60
> 20
46%
M-S
104
102%
'
.1970
1960
1st & ref mtge 2%s——
—1971
{Philadelphia & Reading Coal—
A ref
5s stamped
*
:
1973
110%
.
115%
—•.-••
72'A
"
108'A
Apr 1990
5s
Phila
.••
111
«:
1
791/4
72%
110 '/a
-
gold 4'As series C
AConv
Erie RR
Pow>gold 56—1948
Purchase money gold 4s
1949
Y & Harlem gold 3'As
2000
Y Lack & West 4s series A——1973
llO'A
109
106% 107'A
102%
M-N.
F-A
1948
May 1 1948
4s
Philadelphia Co
110%
108
4
--.v.
*
A—';
Pekin Union
&
General
101
■
/*
B,
General
106%
19
105% 106%
99 '/a
108'A
—
101V4
99%
1
101'/4 101%
/
gold 4'As
General
102
100
"/'>;/ 5
101% 101%
■
—1965
1951
Y
Y Edison 3'As
93
80'A
■
100
106% 106%
J-D
J-J
Marquette 1st series A 5s_—1950
4s series B
—1956
1st
91%
105%
,
4s__
Eastern
A Income
48%
-
10
&
Peoria
66
84
"
—
F-A
A-O
1974
stpd dollar
5s
Peoria
•70%
93
A-O
•
1981
General 4'As series D____
82
69%
A-O
A-O
110'A
"...
92
1969
Peoples Gas L & C ref .5s
M-S
J-D
F-A
1977
Light 3'As
4'As
Phila
1974
1978
A
series
951/4
'
J-D v
'
86
50%
tl':.
,
1
104'A 104'A
1960
mtge 3%s series C
Cons sinking fund 4%s
87%
53
/';■■;24
59%
1952
mtge 4'As series EConv deb 3'As
741/4
Y
18 V;
1998
registered
73
•
1944
—1963
Gen
671/4
132
67%
D_
.:
4s_.
sterl
4s
67
*67
ctfs
trust ctfs
series E
Gen
61
>/V
99
*105
M-N
M-S
Debenture
621/8
6V
106
96%
*110%
__
J-J
... ,,
& Passaic G & E cons 5s .1949
debentures
Consol
■
F-A
82
106Y4
103
6
*110
.
A-O
Pennsylvania RR—
•/
•:;..;
1121/4
103%
100
M-S
6s
109
6
99
■
.
J-D
1944
Power &
Penna
V'
.'V.
F-A
——
A-O
debentures J1956
4s
deb
Pennsylvania Glass Sand 3'As
Pa Ohio & Det 1st & ref 4'As A
v
61'A
77
F-A
.1955
6
47
105 Va 106
Corp—
3s loan ctfs
Pictures
Trans
Gtd 4s
./
•70
77
J-J
: -I960
3s B
■
■
112%
100
——
97%
112%
110%
T
70
1998
■
—
J-J
series B—.1966
Guaranteed 3'As trust
•f'As
44%
1
F-A
.1938
92%
111
6
30
105% 106%
J-D
5s
15
:
in3:. 112%
111% 112%
J-D
1st ext gold 4s_..1938
97%
111%
*
#
—
J-D
1970
.1971
4%s series B_j
A-O
*100
,—1966
series K
f gold
s
Paterson
*
F~-A
J-J
97
111
111%
Pennsylvania Co—
?
72
51'A
1997
For
110%
111
110
J-D
J-D
& Tel 3%s
Paramount
64
50
A-O
2013
registered
gold 2
N Y Queens
41
111
M-S
J-J
J-D
3%s series I
ext gold
Parmelee
i
64%
44%
74
87%
Putnam
61
100
108%
■
1st
'■
,3
75'A
82
4'As
N Y &
18%
181/4
M-S
M-N
J-D
ref mtge
Secured
48
1
63%
4s
.
108% 109'A
J-J
1964
Paramount Broadway
'I
5
86'A
AGeneral
112'A •»?;
1946
Panhandle East P L
97%//:
58
75%
751/2
F-A
1998
Cent coll gold 3!
A 1st
111'A
*112
J-J
1966
mtge 3%s series C—
Paducah & 111 1st s f gold 4'As— .1955
V
108
80'A
72
81
deb
110%
M-S
>
Ref
>
106%
64
74
72
74
62%
Debenture
68%
109'/a
110
!
95
6
87
AConv
55%
11
series H_j_. 1961
&
Pacific Tel
j
73
83%
106%
64
81%
5 '/2s
A
51
66%
67%
110 !
F-A
5s——.-1945
1st & ref mtge 3s series J
:
-
67%
110%
J-J
gold 5s
ref mtge 3%s
General
{N Y New Haven & Hartford RR—
"
iAiNon'-conv< deb \4s_4,
.—,—1947
•
681/4
series G
1st
Coast Co
Gas & El 4s
&
1st & ref M 3s
1
3
63 %
ANon-conv
55 y4
104'A
{
80
-//•/:>/
AO
—1945
4'As series B———.——
.
35
66%
llO'/a
j
4
: •'
97
96 Va
96%
A-O
Co-
N Y Gaff El Lt H &
N
67%
67 y4
99'A
i
83
108
107% 108
107%
J-D :
84
1
95
M-N
lien
81'/a
35
•
125
York Chicago & St Louis—•
1st
N
66%
103% 104'A
I
118'A
11
95'A
95
J-J
Conv 5%
N
338
104'A
Z § A2d
75
Connecting RR 3'As A
N Y Dock 1st gold 4s
:
N
80
"
122%
75
9 5'A
J-J
1952
& Hud
Ref
1st
79%
J-J
1
84%
77
J-J
—1954
A
of deposit
Ref
6s
79%
103%
Phelps Dodge conv
New
62%
30
l
319
70%
5
—1997
3'/2s
50%
109'A 110 '/a
SAPac RR of Mo
117
22
*81
River
3%s
101
109%
1
97
70
64
84
117%
M-N
11956.
34
'
117
F-A
deposit
Shore coll
Mich
!
61 Va
J-J
32
104'A
1031/a
116%
84
impt 5s series
secured 3'As
3'/2s
Lake
U
61
1946
82
95
82%
84
deposit
impt 4'/2s serie
Cent
Y
'
.
/
61%
109 y2110
General
N
53%
109%
f
19
82 y2
'
64
Newport & Cincinnati Bridge
General gtd 4'/2s
N Y Central RR 4s seri
&
40 »/2
J-J
>
106%
104'A
104
117%
J-D
D
1956
of deposit—
series
ACertificates
84
J-J
:_1954
of
ACertificates
108Va
1031/b
*160 'A
J-J
deposit
B
series
105%
*95%
J-D
1945
ACertificates
Ref
2
;
:/_1946
—-i-*
1st
Transmission
1st
■> 68%
16
104'A
M-N
{§ANew Orleans Texas & Mexico Ry—
Non-cum inc 5s series A—-1950
4 '/2s
debentures
1st
14
103'A 103%
103 y4
A-O
England Tel & Tel 5s A
1952
1st gtd 4'As series E__
—1961
N J Junction RR gtd 1st 4s
1986
N J Pow & Light 1st 4%s
1960
New Orleans Great Nor 5s A
1983
N O & N E 1st ref & imp 4'/2s——1952
New Orl Pub Ser 1st 5s series A—1952
1st & ref 5s series B
1-1955
New Orleans Term 1st gtd 4s
1953
A 1st
58%
53%
112%
.'4
"m-s
New
A 1st
87%
42
'
1966
Guaranteed stpd cons 5s
93
.
102 372
102^
1945
AConsol gtd 4s
?■
106%
106
1948
England RR gtd 5s_
5s
69
122
Oregon-Wash RR & Nav 4s
'
1961
Otis Steel 1st mtge 4%s ser A—1962
34
81'A
78%
107% 108
106
102 372
1954
tANaugatuck RR 1st gold 4si
Newark Consol Gas cons 5s
A 1st
18
58%
J-J
Oregon RR & Nav con gold 4s__j-1946
Ore Short Line 1st cons gold 5s_j_1946
;
.
.
1949
1965
fund debentures
Steel 1st mtge 3s
3'As sinking
5s
87%
57%
53%
1972
3%s
Elec
&
Pacific
M-S
Distillers Prod
A 1st
87 y4
>
1967
Gas
Pacific
J-D
Prod 3'As debs
1960
3%s
.—1949
Called bonds (Aug 10)——
Dairy
{ ANew
93'A
87%
1:58%
171
110
111'A
5
110
110
*110%
F-A
1978
L 4s series A
Nash Chatt & 8t
National
69%
72%
93'A
J-J
1944
4y2s exti-
mtge 4s
4s
N
Nat
65
50
»
-1947
Nat
114%
'
I
M 4%s
Constr
113
..
103%
120
J-J
^2047
.2047
1st mtge 3%s__.
Ontario
,
1955
1st
Essex
<•;/
j
111'A
113 ;
-1966
M 5s series A
Constr
102%
119%
o
Oklahoma
A-O
—
Tramways
&
Morris
3
91%
Q-A
!§AOg & L Cham 1st gtd gold 4s_1948
Ohio' Gonnectihg Ry 1st 4s__-.1943 4 Ohio Edison 1st mtge 4s
1965
|
-1968
Montreal
105 Va
93 y4
Q-J
1
1st & ref 33/4S.
5s ext.—.
Power
Montana
129'A
103i/a
103
103
124%
6
48
Q-F
1st hitge 3y2s__S./-i— '..1964
(Wise)
Northwestern Teleg
6
il3
'
113%
i
impt •Gs series1 C-i.i.._u-'-2047
Ref & impt 5s series D_„
2047
Northern States Power Co—
•
/
._1965
debentures———
6s
40
20
104'A
"104
/"r
99'A
45
5
>.
104% 104%
F-A,
A-O
49
34
129'A 129'A
Q-J
i._1997
1997
Ref
1st
V 91'A
/■3"
99%
^
p:,
M-S
85%
29%
70
-";1/
'
58
-
j
591/8
36%
13 >/«
57%
■
'
73
66
d<;
deposit
Z(Mlnn) 1st & ref mtge 3%s—L-1967
35% :: 58 / -
2
13%
>'
22
42%
A-O
of
.
58%
58%
58
{§AMissouri Pacific Ry—
v
3rd 7s extended at 4% —
Monongahela W Penn Pub
V
r.
M-N
deposit
of
59%
A-O
F-A
85%
!
58
58
:
58%
gold 5%s...
ref gold 5s series H
ACertificates
.y,
'6
360
58
58%
M-N
——1949
1980
ACertificates of deposit.———A 1st & ref 5s series I—.——1981
AConv
\
I
1,020
—
1-1978
of
series A__
Ref & lnipt '6s series B
59%
?12
2,939
deposit——;
of
ACertificates
I
27%
i
27%
58
deposit—
of
ref 5s series G—
&
A 1st
59'/a
11/ '
59'/a
25
:;58% Z59%
58'A
ACertificates
o
,
'35%
•'35%
281
26'A
M-S
4s
i
/
59%
-1965
deposit—
of
ACertificates
34%-'59%
59%
106
*105%
ry'& Id gold 3s_.i.Jan 2047
registered
s
:
^--2047
3s
'
102%
M-S
Ref & impt A'As
58
58 '/a
F-A
AGeneral
.
*•;. /''•'/■;
.
Gen lien
1
5
106
1974
registefed-
4s
-
•:
112 V A
(stamped can¬
guarantee)——.1945
series A__
'
38 ./:/ (•
<
108%
Ohio Ry—
Northern Pacific prior lien 4s
117
.
110 'A
5
*123
ACertificates
.
22'/4
108'A
mtge gold 5s
cellation
63
86
50'A
51 'A
A 1st
8y«
37
M-S
ref 4'As
&
{Northern
59'A
288
47'A
A-O
100
98'A
*
103 \
-.1954
—
ref 5s.„....1974
Central-gen &
Gen
110%
295
84%
F-A
i
1091/4
191/B
109'/a
*14
104%
|
4
19'A
42
42
F-A
F-A
}
;
52
V*
"
7%'
72'A
41'A
249
.
49%
<
J-J
1967
adjust 5s series A—Jan
A Cum
54%
!" 571/2
58'A
10
1%
99'A
53%
54 7/
72
90
106
O-A
North
85
18
106
J-J
1961-
1st gold 4s_ 1996 •
3%s—_1949 V
Debenture 3%s
I
j
64'A
* 5
70 'A
99'A
;
J-J
40-year 4s series B_i—1962
Prior lien 4Vis series D_...——1978
8'A
31'A
30
4%
12
-
4%
J-J
A—C—1——1962
:
8
■
*
•
"
=
16'A
85
•15%
,-':-/:v'5
16
87'A
45%
_
..1998
-2014
A Gen mtge 5s conv
l§ANorfolk Southern RR> 5s A-
30 /A
16 "
144
31'A
261/s* 29%
8'A
J-J
J-J
J-D
B_i—.—il978
t A Missouri-Illinois RR 1st 5s
-1959
Mo Kansas & Texas 1st 4s———1990
30
30'A
291/a
M-S
——.1949
A25-year 5%s__
A 1st & ref 5Vis series
29
29
;
10%
109% 109%
North Amer Co deb
Marie
cons 4s stamped———1938
consol 5s—_—....
1—1938
stamped 5s gtd as to int—1938
Paul & Sault Ste
{Minn St
13
32
109
109'
•
Norfolk & Western By
>
14
5
110% 110%
-
M-S
A-O
•
High
19
*86
-
--
i
J-J
>
Low
40
Co—
4%s series ALi
mtge
January 1
No.
13
M-N V
•
.1950
deb 5%s~
.
.
Southern Ry
Range Since
Sold
*—
•
F-A
>
,——1968
Niag> Lack & Ont Pow 1st 5s A
1955
Niagara-Share- (Md)
Bends
High
40
F-A
i
1937
i_-_w—.^l940
Niagara Falls Power 3%s
t
.
;7ya
•
*
J-J
1937
N,Y Telephone 3'As series B
^-1967 •
t§AN Y West>& Bost 1st 4%S—-1946 '
j
65
•
9'A
82
■
251/8
-7 .V,
•
7%
61
72%
j
I
55%
27%
55'A
55'A
•
Friday's
i
gold 5s
-ATerminal 1st gold 5s_^.-
-
81
.
38
108
—
|
60'A
65 :
22
or
*
lAGeneral
63
:40'A
.
V
•
106% >109%
••••/._ 85
81
Week's Ranga
Last
Sale Price Bid & Asked
Period
f
ran Y Susq & W 1st ref 5s
§A2d gold 4%s_
^
t
'57VA'77y2
33
:-••••
; 58
--
*._:•
~
M-N
'
••
77'A;
»
77
-■
101 y4
Interest
July 16
'
Low
j
'901/2
97"
108'A 109'A
:
7;
60 '•
J
.
'
I)
81f
M-S 1
J-J ,
•
{§ AMilw & State Line 1st
v,{AMinn & St Louis 5s ctfs—1934
A 1st & ref gold 4s_.—
1949
1
rARef & ext'50-yr 5s series- A—.1962
108'A
1
;• 78/
2
Friday
•
*
Stockr Exchange
York
Week Ended
:
High
Low
—
75'a
J-D
J-D
.
'
'
90'A
*101%
M-N
J-J *
M-S
A-O
1st
-
No,"
High
90
M-S
v
-
January 1
Sold
•
...—1951
3%s_.
Lans & Sag
Jack
New
Range Since
1
Low
.
Bonds
Sale Price Bid & Asked
Period
/
.
""BONDS
Week's Range
or Friday's >
Friday
BONDS
York
New
J-D
60 y3
60%
60 %
12
55
64
A-O
60%
60V8
60'A
19
53%
63%
A-O
60%
60%
61
24
53%
64
t.
/,
NEW YORK BOND RECORD
BONDS
New York
Last
Interest
.bonds
Week's Range
Friday
:
Stock Exchange
or
Bonds
Low
January 1
High
No.
...
Low
109 %
& Ash 1st 4s set A—1948
j-d
"109
1st gen 5$
F- A
*119Va 120
1st
series B......—..
1962
5s series C
—1974
gen
1st 4V2S
series D
1st 4%S-.i.-„_.1960
Portland Gen Elec
107%
119%
72
90
& ref 5s .series
C___.
106
106%
3%6-.._—1968
J-J
*109% 110
108%
& Tef 5s series
D.
109%
mortgage 3y4s____.
...1977
1951
Pressed Steel Car deb 5s—...-
f-a
M
1st
1st
*111%
99%
j-j
t A Providence Securities 4s__-.—.1957
m-n
in Providence Terminal
1st
&
ref
1st
&
ref
mtge
1st
&
rel
3s.......——..1972
5s———.2037
Bs___—.....—2037
mtge
mtge
1968
of Nor 111 3%s
Public Service
Purity Bakeries
f deb 5s—..—1948
s
27
7'
*93%
*110%
j-j
j-j
*148%
j-d
*221%
112
A-0
106%
j-j
j-d
85%"
28
'f
115
68
88%.
85
853%
51
67%
85%;
853%
106
67%
69%
35
36
98
85%
!:'
7
103%
39
62%
76
235
21%
37%
72%
35%
a-0
,High
101%
86
723%
V
Low
NO.
;
88%
109% 109%
J-J
..._Jan l960
High
87
85
.
m-s
1960
AAdj income 5s
Tol & Ohio Cent ref & impt 3%S—1960
Tol StJUouis. St West. 1st 4s......il950
10
99%
'
110
■
145%
99%
a-o
•
"
»99%»100
99%
,
j-d
m-s
47
.
,
99%
100 .,
102%
91
100 y2
_>
*116%
#»*•-
87%
,20
,,<
*102%""
'"J
•*
deb A...y._1953
J-J
116%
117
1
105%
107%
9
110%
112%
9
103
105 %
4
100%
104
109%
•
1073% lp73%
149%
221%
112%
104%
106% 106%
j-d
1st gold 4sj21946
1st gold 5s.._1949
108
109%
~
Gas St Elec
& Buff
Tri-Cont Corp 5s conv
111
220
—
112
Ham
Trenton
93%
110
108%
.
Toronto
-20%
91
..
108
108
m-n
..1980
:•
.87
85%
.
Range Since;
January 1 \
Sold
113% 115
a-o ;
a-o
...1964
Third Ave Ry 1st ref 4s
95% 100
'le"^
16
*
Friday's
.w
99>/a 100
m-s
4s j——1956
PubLc Service El & Gas 3y4s_——-19B8
.
or
Sale Price Bid & Asked
j-d
..1979
Tex pac Mo Pac Ter 5%s A._
99
•
*106% 107 %
Pwr
....2000
"
Bonds
Week's Range
Last
Period
series B..........1977
Gen
QQ
Q7
99
j-j
Potomac El
St ref 5s
Gen
Gen
M-S
j Friday
Interest
Low
Texas St Pacific 1st gold 5s
108%
118%
1950
1st 5s extended to..;
t.;v
Exchange
July 16
High
j-d
Pitts Young
Week Ended
■'•I
j-d
—1977
New York Stock
Range Since
Sold
Friday's
Sale Priee Bid & Asked
Period
Week Ended July 16
106%
U
Union Electric Co of Mo 3%s
m-n
5s__....1945
{gAUnlon Elec Ry (Chic)
..1971
a-0
Union Oil of Calif 3s deb_.__
R
3s
debentures..
..1959
1125% 1123%
1123%
*13%
f-a
105%
;
14
105
1967
j-j
104;
103% 104
1947
J-J
109
108s/a 109
1970
A-0
103 % 104
1971
...
XA-N
t
99%
a-0
99
98
99%
J-J
94%
94%
95'%
Gen St ref 4%s series B.........1997
J-J
94%
.....1956
Republic Steel Cofp 4y2s series B..1961
Purchase money 1st M conv 5 Vis 1954
Gen mtge 4%s series C__~.1956
Revere Copper St Brass 3%s—1960
J-J
105%
105 % 105%
14
102%
F-A
104%
104'/a 104%
30
101%
105%
104%
M-N
103 §3
103 §3
105
24
10333
105%
M-N
104%
104% 105
29
101%
100 /
101%
{§ARio Grande June 1st gtd 5s
J-D
•
%•
105
8
14%
9%
,
105%
Reading Co Jersey Cent coll 4s
1951
Gen & ref 4%s series A.—.....1997
Rand deb 3%s
Remington
1939
M-N
;
941/2
•
•
-
i—.
J-J
Roch Gas St El 4%s series D
1977
M-S
..1967
.1967
1969
M-S
Gen
3%s series H__._
3%s series I
mtge 3%s series J
mtge
Gen
l
& Louis 1st 4%s
t§ AR I Ark
1934
t A Rut-Canadian 4s stpd
—;—1949
fSARutiand RR 4%s stamped
1941" '
A-0
46
*lliya
••
United Biscuit. 3%s debs..
M-S
United Cigar-Whelan Stores 5s
1952
United Drug Co (Del) 5s-_-____-__1953
U N J BR & Canal gen 4s.
....1944
37%
35
38
..14
;
;
350
Uhited States Steel
i4'/2
;2
•
•
9
v
26
15
:
110%
104%
17
106%
110 %
12
105%
107
A-0
101
101 -101%
m-s
102 7/«
1023% 102%
16
102%
94%
100
.
98%
104
101%
<
102
Corp--
15%
2.10s
1/ ; 2.20S
i'
m-n
.Nov 11943
2.05s
—
v—
m-n
m-n -v;
11949
11950
..Nov
m-n
101%
101%
101
101%
101%
v"
101%
101 y4
101
.
*101%-.. I ?:/
v-;-. *101% 102
-
99%
101
c
*101%
,
m-n '•
_^_May 11952
99%
.
__
*101
*101
..
m-n
May 11950
—
.
2.35s
*99%
_v
May 11949
Nov
-
2.15s
14%
9%
1
1.125s
v
38
■
;
109%
*
/>, 14%
104
97%
M-S
Serial' debentures
k\ 22
<
97%
47%
108%
2
107%
28
106% 1063%
a-o
;
.14
.
j-j
1955
33
1093% 110%
'■
V> 14
103% 104%/,
'm'\
if 104
J-D
•
IO91/2 109 %
grant 4s
....1980
•v'v
__
land
Ref mtge 3%s series A
;
124%
124%
.
Pacific RR—
St
34-year 3 Vis deb
35-year 3'/2s deb—
83%
27
385
,V,
1st
102
/ 58%
,
Union
9sy4
95 y4
66
75
*124y2
M-S
j-j
;
83 y4
43%
45
■-
■
95 y4
81
M-S
Gen mtge
•
129
101
*—
81%
t§ARio Grande West 1st gold 4s.. 1939
Alst cons & coll trust 4s A
..1949
78%
78
246
101 % 101%
■
101%
88%
68
;
-
101%
101% 102
■
•
2.45s
v
2.50s
V:
Saguenay Pwr Ltd 1st M 4y«s.—..1966
St Jos St Grand Island
106%
A-O
1st 4s_....1947
J-J
gold 5s——1996
2d gpld 6s_—
_______—.1996
{St Louis iron4 Mtn & Southern—
A SRiv & Q DiV 1st gold 4s.—...1933
A Certificates of deposit...-.—.—
|ASt L Peor & N W 1st gtd 5s_—1948
St L Pub Serv 1st mtge 5s
—1959
St L Rocky Mt St P 5s stpd--.1955
-
J-J
St Lawr k Adir 1st
*94%:
94 %
A Certificates
of
A Certificates
of
deposit
92%
73%
73%
97%
/
j-j
95
35%
75%
91
98
•
73
83%
A Certificates
36%
i
35%
j
|
j
'
886
:
-
19
37%
214
37i/a
40
38
36%
37%
inc bond
m-s
•
—.
tSt Louis-Southwestern Ry—
1st 4s bond certificates...—1989
36
38 y4
37%
m-n
18%
20%
Nov 1989
j-j
j-j
627/8
j-j
46%
ctfs
AGen & ref
gold 5s serles A
..1990
St Paul A Duluth 1st cons gold 4S-1968
80
,
:
43
j-d
B——1971
a-0
—
Schenley Distillers 4s s f deb...—.1952
E 1st gtd 4s_
.1989
m-n
{Seaboard Air Line Ry—§ Alst gold 4s unstamped.^
1950
stamped———.1950
A Adjustment 5s
—Oct 1949
8 A Refunding 4s
—1959
A Certificates of deposit-——8 a 4s gold
.
A—.——1945
series
68
of
deposit—.
m-s
•
«
.
.v
*
.
38%
*
Vandalia
Cons
82
..
cons
.—.1963
Bell Tei St Tel 3y4s
-1962
'
22
.4:
5■
85
'
138
*103% 105%
/v .-
(Cent
1966
.
31
M-S
i
106
i 104
Wabash RR Co—
j
!:v
.i
104%
97,'
86
96»/4
72%
86
30
109%
.409
108%
92
27
;
108%
110
83%
100
■
1
123
4
'
.
...1971/
1st mtge 4s series A
AGen mtge 4s inc series A
AGen mtge inc 4y4s ser B.
;>
.—1981
•
28
124%
/;
A-0
ARef
gen 5s
50
A Ref
& gen
9%
10%
85
4%
23%
112
14%
37
13%
29%
Walworth ,Co 1st mtge 4s_,
29
28%
29%
667
15
30%
Warren RR 1st ref
27%
28%
104
14
29
100%
228
40 %
41%
24
36
.593%
78
44
60%
463%
139
34
46%
29 %
—
F-Ai
29
:r'"
30
106%
100%
102
A-0
*123
109
103
29%
1
26%
31
29
1
27%
30
26%
27%
25%
28%
101%
104
105%
1947
J-J
104
104
1st
47
123
88%
87%
107%
28%
28%
94
93%
96%
39%
40%
F-a
*943%
r"
*84
31•
19
,
-;v
__
88
.
F-A
97
•
45
95
103% 104
.
J-D
*104
stpd gtd
—
....
*119
__
.
••
^
^
k
1193%
'
,;ST 4
1093% no
J-D
—
■
•'
1203%
■
1203%
1083%
110%
M-S
111
111
111%
9
106
112
1966
J-J
112
112
112%
8
110% 112%
1952
A-0
„1963
105%
103%
—
—1977
105 %
92
93
J-J
102
93
1013% 102
177
M-S
67%
67%
69
—1946
M-S
67%
67%
683%
gold 4MiS— —1950
M-N
99%
84%
48
.
99% 100%.
95
34
36%
93%
102
70 3%
109y8
4
Maryland 1st 4s
ref 5%s series A—
A 5s assented.—
Western Union Teleg
25-year gold 5s_
30-year 5s_
Westinghouse El St Mfg 2yas_^
69
72%
90
68
86%
J-D
M-S 1
973%
—1951
M-N
registered..—1949
1st 4 yas (Oregon Lines) A——1977
m-s
67%
66 '/a
68 Va
216
54%
m-s
65%
64%
65%
183
55
m-n
64
631/a
64%
316
53%
j-j
>•= 59
J-J
56
West Va
—1954
Pulp & Paper 3s
Wheeling & Lake Erie RR 4s— —1949
Wheeling Steel 1st 3%s series B. —1966
1958.
Wilson & Co 1st mortgage 3s
66
83
:
J-D
J-J
100%
87%
93
175
98
70%
84
100
83
98
101% 102
80
57%
60
55%
563/a
43
61
68 y4
Gold 4 %
36%
*101% 102
West Shore 1st 4s guaranteed.— —2361
..2361
Registered —
...
69%
Gold 4.'/as———1968
953%
,
134
99 % 100
993%
—I960*'
Winston-Salem S B
4s
91 j
9
'
F-A
{AWestern Pacific 1st 5s ser A. ..1946
109%
14
88%
-v
>
Q-M
—1945
mtge 3%s series I
Western
•
123%
"I
105
/
107
__
108% 109 %
—
105%
2
109
108%
...
West Penn Power 1st 5s E
40
11
106% 107
a-o
a-o
—1950
1st 40-year guaranteed 4s
99%
19
IO21/2 102 %
.
Westchester Ltg 5s
Gen mtge 3'/2s
5
IO41/2 105%
—1955
,,
*26%
.
29 %
98%
:
—
gtd gold 3%s_.2000
Washington Central Ry 1st 4s_— —1948
Washington Term 1st gtd 3%s__ —1945
4 561/4
15%
31
47
ARef & gen
14
17 Hi
100% 100%
46
31
25
*101% 102
104%
27%
17
23
#23y2
A-O
j-d
57%
46%
30%
22 %
F-A
j-j
■
MrS
—1976
series B__:
,—1978
4y2s series C.__^_,
...1980
5s series D_.
49%
232
58
463%
Apr
Apr
V
97% 100
993%
J-J
^.1991
22
j-j
—Aug 1949
.185%
.
W
>■>
103 3/a
101%
i
...
coll)
Pac
110% 112 '
79%
86%
108 ;
*93%
.
85%
22
17
1
Southern Pacific Co—
4s
,108
-iiii
>
A-O
86
6 3%
10
29%
1979
Southern Colo Power 6s A
108%
:
50%
1st &
debentures
101%
v
66 ya
22 >/4
23%
A-0
3s
102%
97%
t
46%
22%
40%
1952
Socony-Vacuum Oil 3s debs——1964
102%
97%
--r-;:/*87%-:^;,..
f-A
..1958
5s.
48
F-A
j-j
1950
93%
15.
.
„
m-s
47%
F-A
...
12
38
.
*108%
;i *111% 112
..
m-s
J-J
Virginian Ry 3%s series A
r
97%
108% 108%
m-n
1957
Iron Coal & Coke 1st gold. 5S..1949.
Virginia iPub Serv 1st mtge 3%s..l972
.2003
C
46
j-j
Skelly Oil 3s debentures
101% 101%
102 ; 102% r,
100 v 100%
«
1003*2
F-A
1955
.1968
Va
.
46 %
F-A
1941
8outh & Nor Ala RR gtd 5s
4s series A
t 4s series B____
46%
m-s
.1961
soutn
RR cons g
s
Va Elec St Pwr 3 %s series B
28
m-s
Oil 2%s debs.——1954
debentures 4s_——
103%
108%
101%
io2ye/
A-0
1st 5s_______1944
22 %
2%s sinking fund debentures
Simmons Co
39%
27%
'
-
22
124% 124%
F-A
A-0
{§ASilesian-Am Corp coll tr 7s
Union
•
:
*105% 106
'
A- O
A-0
.
.
$ § A Atl & Birm 1st gtd 4s_..——1933{ASeahoard All Pla 6s A ctfs—
1935
A 6s series B certificates.,
—1935
Shell
V
F-A
Power St Light
i—1975
t A Wabash Ry ref & gen 5%s A-,
Scioto V Si N
cons
68.".:
28%
29%
A Certificates
;/:. 67
15
..
*851/2
j-j
f-a
Alst
853%
>219
46%
;;
I
38%
4
19%
t
37
63
,
102
102
102.
'
'
fASt Paul E Gr Trk 1st 4%s_—..1947
t§ASt P & K C Sh L gtd 4%s
-1941
St Paul Union Depot 3%s
19%
100
7'.
-
80
62%
101% 102%
v/
j
39%
/
20
-1,076
<
97%
97%
*
y
-
*101%
—/ v.; *102y4
.
A-O
1st
5 A 1st term & unifying 5s_._—...1952
A 2d 4s
M-n
May 11955
Va & Southwest 1st gtd 5s.
of deposit stpd
/.
-
»10l%102%
(
19
4
'
ACons M-4%s series-A—...-.—.1978
101% 103
.101% 102%
94%
r.78%
.
44
36%
35
2.65s
Utah
{
■
'
v."
101%
101%
-
>102%
.
;
m-n
67
8
36
37%
^»
—...-
11954
Nov
^
m-n'
..May 11954
....
*101%
..
2
v:::
83%
34%
j-j
55%
..
.
'
34%
35
111.
v
■
83%
■*
■
m-ni;
11953
L.__._Nov
;;
-
2.55s
*101% 102%
:
__
United Stockyards 4 %s w w___
.1951
Utah Lt/& Trac 1st & ref 5s._....1944
295
~y
94% :>•
■--91%
m-n
2.60s
107%
77%
:
;
97%
j-j
107
95 v
\
m-s
106%
m-n
'
c.
73 %v
j-j
deposit..—
5s 6eries; B—1950
APrior lien
-
99
66 M-
*63
A-0
M-n
-
tASt L-San Fr prlien 4s A——1950
*62y2
•
<
45
-106ya 106%
♦107
■ i'
11952
May ,11953
I—..Nov
2.40s—...
;
;:
——.——1969
s
Gold 4%s_.———
10-year secured
San
..1981
3%s—
.1946
Terra 1st 4s
Fran
...
South Pac RR 1st ref gtd 4s
1950
m-n
63
62%
63%
242
52%
j-j
99%
99% 100%
237
93%
A-0
98
96i/2
98
87%
98
.—.1955
j-j
5s_—..1994
j-j
4s series A
gen 6s—
—1956
A-O
78
77%
78%
131
68%
.1956
A-0
96
96
96%
28
87%
98
gen 6%s_————...1956
Div 1st gold 5s—
—1996
a-0
100
991/2 iooy4
55
92
1st cons
86%
Devel
St gen
Devel
&
Devel
&
St Louis Div 1st
gold 4s
......1951
Southwestern Bell Tel 3%s B._...1964
St ref
3s series C
Southwestern
Pub
Serv
......
1968
4s_—..—.1972
j-j
j-j
84
49
112
1
89%
—1960
-1949
57./;
^
M-S
*111%
•
...
913%,
A-0
91%
22
104%
109%
129
101 y4
56 Va
103
ic."-'
•
91
101
M-S
41%
1
103% 103%
111%
88
91%
100%
101%
114%
*116%
115%
88%
82
ACertificates
105%
of
deposit—
ACertificates
Wisconsin Public Service 3y4s__.
.1971
151
47%
64%
55%
55%
10
.47%
60%
23%
24%
74
143%
22
•
M-N
"
22
2
15%
23%
110%
111%
107
108%
of
deposit—..
Wisconsin Elec Power 3%s__— —1968
98%
553%
573%
55 y4
24
56%
J-J
tmmm —
SASu St Du div & term 1st 4s. ..1936
101
A-0
1113% 111%
1113%
'
v'
'
/-
2
;
'*107% 108%
J-J
26%
101%
111% 112%
107% 108 y4
33
106
108 y4
1101/2 110%
10
107%
110 ya
19
41%
104% 104%
5
102%
104%
106% 107%
17
104%
107%
105% 105%
25
104%
105%
106% 108
33
101 %
111%
1
103%
106%
102%
103%
j-d
.1945
92
M-n
Standard Oil N J deb 3s_.—......1961
2% debenture........—.1953
62
j-j
F-A
Studebaker Corp conv deb 6s
;
100% 101%
112
70%
82
104% 105%
*991/8
101%
j-d
aSpokane Internat 1st gold 4yaS—2013
Stand Oil of Calif 2%s debs
1966
Superior Oil 3%s debs——..—.1956
Swift & Co 2%s debs...—
.1961
268
88%
85
105%
1st 4s.
f A Wisconsin Central 1st 4s
81
88
j-j
-1st
98
66
100%
gold
Southern Ry
Mem
__
Apr
49
107%
j-j
j-j
106%
m-n
481/2
49
'
106% 106%
m-n
*1021/2 103
52
Youngstown Sheet & Tube—•
,
......1948
m-s
1st mtge s
m-n
100
a
102% 103%
103
f 3%s series D_______1960
Conv deb 4s
Deferred
y4
20
101%
103%
99 y2100%
185
95%
100%
delivery sale not included In the year's range,
d Ex-interest,
e Odd-lot sale not
sale not included in the year's range.
rCash sale
Included in the year's range,
n Under-the-rule
not included in the year's range.
Tenn Coal Iron Si RR gen 5s_—.1951
Terminal Assn St L 1st cons 5s
1944
Gen
refund
s
f gold 4s
1953
Ref & impt mtge 3%s series B..1974
Texarkana & Ft Smith 5%s A_.
.1950
Texas Company 3s deb
—1959
<
3s
debentures-
....
11965
j-j
120
F-A
92%
93
<
92
113.
105
89
93%
106% 106%
A-O
M-N
92%
105%
110%
103%
*104%
j-j
F-A
12
1121/2 112%
125
104
*10414
j-j
106%
14
105%
106% 106%
46
105% 106%
106%
§ Negotiability impaired by maturity,
t The price represented is the dollar quotation per 200pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484.
{Companies reported as
being
in bankruptcy,
receivership,
or
reorganized under Section 77 of
the Bankruptcy Act, or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current week.
A Bonds
selling flat.
.
Volume
Number 4195
158
"v
■
COMMERCIAL & FINANCIAL CHRONICLE.
>1
♦
•
v
..
"
vi,• '• '•
„
269
y^
'
NEW YORK CURB EXCHANGE
WEEKLY
•In
a
July
ending the
and
10
to include every
security,
York
Ended July
Week
Inc
Associates
Investors
Air
4%
4%
4%
1,700
4% July
8
8
9
2,200
5%
Jan
9
8
8
5
Jan
87/a May
Bourjois
3s/a
4
7,700
1%
Feb
4% May
Bowman-Biltmore
Corp..:
3'/a
3%
2,300
1%
,Jan
3% July
~4
3%
2
preferred
■
100
»
-
Great
preferred!
$7
Products
Allied
Class A
Aluminum Co
Jan
Jan
114
July
Bridgeport Gas Light Co
Jan
105
July
Bridgeport
Ltd
common
115% 118
115%
$3. preferred—
!'
class-.A—
Convertible
•
ft. Class
A—.——
Cyanamid class A
4=%%
>
-
ft
■;
9%
Jun
:
6%
47 % July
%
Jan
3% May
12
Jan
19%
Jan
600
20
•
28
-
ft
93 V8
Jan
-
'3%
Jan
41
150
13%
Jan
23%
20%
Jan
28
13
Jan
9,000
100 ft
25%
Feb
267/a
36%
100
25
Jan
Jan
88
1%
31,800
<
80
.100
%
V
•■. •
A)
Callite
Electric
Fire
1st
$;>
common..*
American
Writing
preferred
Thread 5%
American
Jan
12% July
Class
A
5 % May
Class
B
Angostura-Wupperman
Apex-Elec Mfg Co common
Appalachian Elec Pwr 4%%
non-voting—
A
class
•»•
Arkansas Power
Art
& Refining Co
Breweries of Canada
Associated
1%
Jan
Jan
8,400
1%
Jan
5%
5% ft.::-ft 5
5%
32,300
1%
10%
2,400
8%
Line
Co
4%
Jan
Jan
5
•
1
Plywcod
Corp
Products
Automatic
Voting
6%
6
•ft■
3%
28%
2%
8
7%
23
22%
4%
47/a
10%
9%
Machine
Jan
Jun
40 % May
8%
6
Chief
23%
Jun
Childs Co
Feb
2%
Jan
500
3%
Jan
6
Jun
4%
Jan
11
July
Jan
110
5%
Jan
8
a-;
60c
Jun
■ft $6
Jun
23%
23%
24
ft- ft' 5%
2,500
A'V
19%
Jan
4,200
6
2%
Jan
ft!
26
Service
warants
30
preferred
7 7o
Baldwin
Rubber
Co
Barium
&
Steel
Stainless
Barlow
Seelig
A
Basic Refractories
(L)
Baumann
May
Inc
Beaunit
Mills
Ties
Inc
__10
common
20
1
$1.50 convertible preferred
Beech
Aircraft
Bell
Corp
Aircraft
Bellanca
Tel of
—
29%
Jan
Jan
7% May
■;-?
2%
ft.-.;, 5%
%
Jan
3%
Apr
9%
Jan
13%
Jun
4
Jan
6% July
ft
1%
1
common
Apr
1% May
-
; '
4,603
Jan
16
50
40
40
14
14%
24
24
14%
15%
8,600
8%
Feb
3%
900
3%
Jan
33
14%
:•%
3%
132
129
-
-
300
•
*
b
Hedges
Convertible
Bickfords Inc
common...
Birdsboro Steel
1
38
38
il
i%
1%
5
136
Apr
Jan
45
Jan
9
Fdy b Mach Co com—♦
9
200
•
Blauner's
Bliss
Blue
$3
(E W)
Ridge
*
common
optional
.1
common
Corp
1
common
convertible preferred
F^r footnotes
see
page
273.
•
35
2%
14%
15%
5,800
2%
2%
3,400
48%
50
Jan
Jan
550
9% Mar
6
Jan
3%
Jan
10%
Jan
U Jan
37%
Jan
42
Jan
1% July
Co
Juiy
5% Mar
..ft,
A Jan
-•ft Jan
1%
Apr
1%
Apr
Apr
3%
Apr
600
3%
Jan
6
4,100
1%
Jan
6%
63/a
13,200
1%
Jan
6% July
Feb
27%
4%
100
3%
Jan
4%
Jun
3
Jan
4
Jun
July
145
July
ft, ft
6
.
5%
63/B
5%
.
Istft
f
,
1
4%
to"
I
1
145
CSI
"2%
"2%
5,400
ft.'--
13%
13%
75
9%
48
48
100
38 %
July
Apr
13% Mar
Jan
23% May
Mar
7%
Mar
Jan <"•
July
July
108
Jan
102
Apr
48
113.
-
.106% Jan'
•
1
1
Jun
2% May
4 J Jan
22
—
July
18%
Jun
17%
3,500
7%
Jan
8%
8%
100
7
Feb
11 %
600
6%
Jan
13
Jun
19
50
15%
Jan
19 Va
Apr
2%
Jan
4%
6
Jan
9% July
11.4%
Jan
17
17
-.ft'
•
.V
11%
11%
19
19
4
4
4%
9%
9%
'w—. '•
•
1,400'
100
8% July
114%
Feb
Jun
&
warrants
&
—100
Southern
warrants—
Public Service
Community Water Service
Compo Shoe Machinery—
V
t
Conn
c
extended to
Gas
&
1
1946
10
Apr
Consolidated
Jun
Consol G E L P Bait common
16% Mar
3
50
May
July
4%%
4 7c
—
Biscuit
Co
series B preferred..
preferred series C
Consolidated
Gas
Utilities
10% May
1.900
7%
6%
7'A
1,5C0
4%
Jan
4%
Jan
7 % May
9%
Jan
12% May
~7%ftft
Jan
1,250
82
7%
Jan
64%
5%
Jan
50
98 V4
82
80
150
98%
8
7% July
103
May
84%
8
Jun
July
ft Jan
V
% May
Mar
24% May
9
19
17%
21
16%
16 3/8
17%
18,300
3%
Jan
18% May
93
93
95 Va
2,350
51%
Jan
98%
9%
300
4%
Jan
ll7/8
48
Jan
96 %
76
Jan
90
May
73
Apr
88
Jun
9%
9%
7%
8
3,250
1,300
8
8
8
21
200
22
...
250
IE35
14%
15V4
1,500
13
13
6%
13
%
u
5%
ft.
ft.-
14%
3'A
250
.'43/4
3%
Jan
6
Mar
8
Mar
3/64
11%
1%
Jan
47% May
Jan
59
1,670
^/64
3/64
2,200
300
v%
600
11%
900
Jan
14
32
Jan
7% Jan
Apr
10% July
4
July
55%
59
1/64 Jan
22
105/a
4%
•
100
65%
5
•
■
•"
700
332 Mar
22
July
1%
67
1,700
117
730
I
1
^
Apr
11% July
% May
Apr
26 %
Jan
27%
2%
Jan
5%
Jan
Jun
"4%
1,600
Jan
67
111
Jan
121
Jul
103%
63
117
~43/4
Feb
July
%
4%
Jun
7% July
54
%
Jun
July
3% July
5
24
—
--
14
Jan
21%
58
Apr
July
15%
Jan
3% Feb
300
5%
35
4
5,600
•
Jun
July
7/a May
1%
5.200
4
52
51
Apr
28% May
7% Jan
600'
10
9
22
Jan
2
17,300
7%
43/8
9%
Feb
8
50
6%
Jun
8 % May
400
11
11
Jun
Jan
100
..ft
33/8
Jun
Jan
4%
4,500
33%
\l
1
1
1% May
Jan
10 %
*
100
Feb
Jan
~1%
Coke Secur common—__*
preferred
Apr
9% Mar
ft
9%
•
$3
12%
8%
25
1
96% Jun
106
"l%
Electric—•
preference
.
1%
25
Arms..
Apr
9%
33/4
1
Jan
20,000
6%
ordinary.!
Jan
7%
200
*
•
*
100
84%
300
9%
102
•
common
96%
9%
•
Co
Community
;•.
95%
96 %
£1
Fire
Gas
Commonwealth
Mar
Jan
%
.
5 7o
July
15% July
Corp
Utensil
Plow
Columbia
25
Coal
Patent
Colt's
Jun
35%
20
•4
Jan
23%
6%
4
Fuel & Iron
Colorado
May
Apr
35,800
^
—.1
%
3%
"5%
Inc
Airlines
5%
115%
250
..
100
1%;!
1 u ■■ /•■ft, 500
:•
"53/4
Mfg
Illuminating
preferred
14%
33
•
preferred
Berkey b Gay Furniture
6 7o
Colonial
Feb
21% Mar
200
3ft Jan
"T
—
1
1
Lights
Development
Jan
'
•
common
Colon
7%
'
Benson
<
3%
100
Canada
6%
12,500
Jun
ftftftftftftft'
-1%
*
*
10
Co
Aluminum
Club
100
»»—
14
& L $7 preferred
Electric
Cockshutt
,ft
31% May
1% Jun
100'
'4
3%
ift
ftftl
*
*
*
& Lambert
Clinchfield
7,600
2%
13%
1% *
1%
'
50o
10
Cleveland Tractor common
39% July
3%
750
39%
—
13%
2%
•
100
1
common
Brummel
Neon
Cleveland
'
ft;.
3
1
common
1st preferred
7 7o
Beau
38%
39
Mfg—
convertible
$1.20
1
1
common
P
Controller
Clayton
for common
13% May
Apr
2% Feb
1
Auto
Claude
Jun
7
Baldwin Locomotive—
Purchase
97
25
100
preferred
Stamping
City & Suburban Homes
5%
•
16% May
Jan
Jan
175
3% '
Mar
Jan
30
*
•
Feb
*6%
10
'
30
'v
•
14,700
Apr
9%
82
25
5
4
Co
preferred
$6
Clark
—
May
10%
16%
5%
preferred BB
Cities
B
*
17
Jan
Jan
700
96% *
13% " 1- 3.800
Proaucts
preferred
preferred B
$6
City
Babcock & Wilcox Co
Steel
Cities Service common
21% May
Jan
40%
780
com
Consolidated Mining
5% July
1,500
4%
11
May
Jan
15%
preferred.100
Power
Shaft
Chicago Rivet & Mach
Apr
15%
Elec
Flexible
Chicago
8%
700
&
Chesebrough Mfg
Jun
2% July
16 %
1
Collieries
May
Ohio
Jan
2,500
97
82
83
J in
New
Jan
%
3,400
8%
23
6%
Jan
18,400
5%
5
5%
2%
80
111%
Jan
4%
'*
Juiy
2
7%
1,000
95
pfd—100
1
Central Power & Ligh-t 7% pfd
100
Central & South West Utilities
50c
Cessna Aircraft Co
1
Chamberlin Metal Weather Strip Co..5
Charis Corp common
10
Cherry-Burrell common
5
York
Central
A May
Jan
175
ft
—
108
A Jan
300-
ft>
July
18
Jan
12%
15%
1
America
Gas
Central Maine Power 7 7c
Jan
Jun
1%
Feb
Mar
1,900
37%
—
•
Ayrshire Patoka
Jun
8
Feb
109
'
~9%
"9%
15
Jan
5%
80
96%
*
of
Jun
6% May
12%
Feb
69%
,
'
6%
i
.36%
:
ft"
ft
& Sons common
—5
6 7c preferred
25
Axton-Fisher Tobacco class A com—10
(B F)
Avery
$0
Apr
Va
400
.
j'ft*
10
& Co
12%
2%
warrants
Atlas Drop Forge common
Automatic
(A M)
6%
-
1% - ft"
1%
$7 preferred..*
Products
Castle
9%
'
Atlas Corp
Atlas
Casco
Jan
ft
150
•
1
5%
'
-
;
Jan
1
Co common
500
'
1
Corp
Rayon
Jun
10% July
Jun
3% May
3% July
Mar
12%
100
Hudson
'
Atlantic
(J W)
Carter
Corp
ftft-i'!
108
106
— —
*
common
Central
1%
1
50
Fisheries
Coast
Atlantic Coast
Jun
Corp
6%
—
1%
12
300
25
preferred
Catalin
■
Atlantic
$6
Carrier
July
7
•
pfd—100
preferred
100
1,200
P
5
•
Power & Light
Carolina
Jun
21% July
& Coast RR Co
Birm
Atlanta Gas Light 6%
Jan
Apr
Associated Tel Bt Tel class A
15
Feb
*
Jan
iff
15% Mar
Jan
14%
•
10%
ft,ft
Jan
900
15
14
.-•1%
A
88%
__
13%
Alcohol—
class
10
--
12%
6
Co
1,700
2,500
200
~3%
"3%
133/a
108
common
Co
Carnation
9%
£1
*
Associated Laundries of America
Atlanta
.6 %
&
Carman
94
.
18% July
5
Products
21%
6%
Jan
Industries Ltd—
94
ftft!
ft
pfd—100
voting
21
'•
21%.
.
-
Assn
Marconi
City
July
5%
Jan
—
15%
100
14%
1%
183/4
14
6%%
voting
Central
rects reg
dep
15%
107
Jan
10
10%
Associated Electric Industries—
American
2%
Jan
8%
97%
■
Capital
May
May
12% May
31%
Foundry Ltd—
&
non
Canadian
May
75
Jan
Jan
Mar
5
L«»'
'ft.- 4%
5%
5
1
•
Metal Works common
Ashland Oil
4
5
280
1% ft ./..ft1200
''
1
Corp
Jan
Jan
2
100
107
106
'
"ft
1
preferred
7%
July
17% July
Jan
•"'•**«»■
i%
~
*
101
2%. Jan
6,700
3%
'i*' '
& Light $7 preferred.*
Equipment
-*»'
106%
10
Aro
*!■
ftftSftftft
ft:3%
v..
•
•
preferred
6 7o
2%
4,600
ft
ft;::
18 May
Jan
ft Jan
3 %
•
—1
—•
pfd—100
Arkansas Natural Gas common
Common
4%
3
33
60
350
17
15%
~4%
•
2
common
Fence
Post
Anchor
Paper
16%
MV- '
10
Power
Industrial
Canadian
Jan
12,200
100% 101
'-'ft
—
%
A
32
•
•
5
preferred
series preferred
$6
July
7% May
1% Apr
fe Feb
ft
£1
20
Corp
Insurance
Car
Canadian
American Superpower Corp
^ '':f
18%
15%
1
mrnmm
—
50o
participating preferred
7%
5 % May
90
Jan
44%
Jun
11%
;
"
pfd
7o
Cement Co Ltd
Canada
Canadian
Jun
Mar
30%
*
certificates
Tungsten
5%
...2
275
2
10 % Mar
—
Sugar Estate
2%
8,000
12%
11%
ll3/4
..10
713/4
69
69
Wireless—
Camden
24% May
57%
Jan
; Jan
1,000
Apr
Jan
2%
2.50
:
common
trust
&
California
May
20%
75
-
(P
Calamba
1% July
Jan
1%
1%
M
12 %o
25c
American dep rets 5
Apr
45
300
24
54
—
700
25
...*
Sullivan
b
$3 preferred—
Voting
39% May
53
Jan
*
Corp Am dep rets..
Cables
July
26%
23%
Jan
•'
*
Cable Electric Products common
19% July
18
1%
2
61
~6
.ft;,
Jun
36
1%
2,000
5
C
Mar
26%
18%
~5Vo
ft-
—5
...
preferred
Inc
Butler
'*37% July
Jan
19
..25
7% Mar
"53/4
1
common..
common...
Burry Biscuit Corp..'.
6% July
Jan
v,
12% May
Jan
29% July
28%
-
ft ft 75
ft
23"%
Jan
3%
109% July
33
650
Jan
•7%
4,600
Jun
17%
'
-ft 600
-
27%
400
700-
-~
20
ft
11%
2,000
53/a
■
Apr
-r
54
common
Co
Mills Ltd
Hill
Burma
July
-45
Jan
- -
40%
Burco
3% May
-ft Jan
36%
7,200
-
3,100
11%
43A
*~5
*
preferred—
Bunker
37%
■
23%
11
4%
'
ft 10,600
-
37 %
—1
Republics
ft $1.60
'"ft $5 ' 1st
July
6,000
1 % - ft
39
& Chemical
Seal-Kap
1
36
•
22%
11
1
Buckeye Pipe Line—
1.
'Buffalb Niagara & East Power—
41% July
.100
—
Co
(EL)
Bruck Silk
' J
70
29%
6
•
9,700
•
ft
36%
Meter Co
American
~~
-
..20
common—!.
American Potash
American
Jun
..25
Maracaibo
American
3%
45
..25
Preferred
American
92%
Jan
17-—.ftft
6%
Mach
Co
Mfg
American
1,750
15%
28%
37%
preferred
6%
-
22%
1
preferred
Bruce
(
Jan
.-
%
*
preferred.
Brown Rubber Co
Jun
July
Jan
15%
1
& Trac common—
Light
American
5%
3,800
108% 109%
.—1
Rubber Co
Laundry
,American
•--300
-V
16%
•
28%
.100
convertible preferred—
$2.50 convertible preferred
American Hard
--50
•47%
46
1%
17
..10
$2
Jan
~~
2%
•
:/
1%
common.. .10c
General Corp
American
ft
ft; 45
46%
common—
Gas & Electric
preferred.—
ft
27/8
..10
..10
(b Hoe
Fork
American
American
82
$6
% May
;29
A
Brown Forman Distillers
Mar
-2%
.
Jan
Jan
8%
34
Power waTrants.
American Foreign
"
...
non-voting..
Class B
Jan
%
36
38
36
1
Class B
American
%
12%
'ft
dep rets ord reg
Class
8% May
Jan
:
I)'-.".:;.
..
4%
700
200
£1
£1
.ft,!'1'1ft-ft-:-'
_10s
reg
Ltd—
Brown Fence & Wire common
Mar
33
ord
rets
Celanese
Amer
2% July
•
1%
"
Jan
9
Tobacco—
dep
British
-
..25
—
American
Am
'
41%
..23
:
108
Jan
20% Jan
1%
"
"
•
Oil Co
Feb
2%
•
American
Juiy
%
6%
100
•
common
y
6%
-ft Am dep rects ord bearer
120 r Mar
Jan
42%
'8%
—1
Power & Light—
American" Cities
Jan
87
87
Apr
ft
••-
::ft
;/'/
ft
v]
prior preferred
American Central .Mfg—-—
$5.50
:
•
:
w--
•
10%
500 1
8%
.*
.10c
Jan
103%
32%
*
.100
.—...
'
Jun,
Apr
150
31%
;
17
-86
Co
A
British
115% July
Jan
6
1,100
2%
8
128
Jan
2,200
1%
common. —1
B
class
Common
10%
Jan
106%
300
;
106% 107
"l%
—1
Capital class A common.
American
;*
■
Mfg
Class
28% May
-ft Jan
Mar
105%
2,250
1,200
•
102% 103 V*
103%
.100
:100
Co
;
114% 115%
——
—
American Box" Board
•
29
.
..
British
;~9%
Co
.
Jun
137/a
American Beverage, common
American Book
Jun
28% Mar
23%
Brillo
9 .•* May
24
50
26%
26%
100
preferred——.
67c
Apr
82% July
Jan
Jan
100
•
B
Apr
46
20
;
300
•
preferred.!
7%
4% Feb
1% May
4
Aluminum Industries common
Aluminium
Apr
110
Apr
:
100
A
class
Corp
15% July
11 % Juiy
17ff
♦
•
Machine
Preferred
Brill
Class
Goods Mfg
Aluminum
91%
110
_•
common—
preferred
6 %
93 % May
•72
Feb
6
1
102
25
common
Lgt & Pwr
20
1
*
(Mich)
conv
Traction
Corp common
Aeronautical
Brewster
70
*
10
pfd
Breeze
220
100
Investment
Alliance
Brazilian
-ft May
3% July
86
*
Inc common
& Fisher
Alles
Allied Intl Investing $3 conv
•.!
Jan
79
Jan".
23
100
•
•
1
preferred
114
84%
112
112
*
*
preferred
Allegheny Ludlum Steel— ' 'ft'
7% preferred
1%
1,500
2d
$5
Jun
preferred
1st
900
•
common
Zi~*>
Low
3,900 '
103/4
6
3%
15%
79
79
100
25
•
Inc
104% 105
50
Southern——
Alabama Power Co
Jan
35%
7%
Range Since January 1
High
10%
Borne Scrymser Co
July
.
15% ftftft 14
Co common
1st preferred
7%
5% May
1/64 Mar
1,600
3%
3
3%
__3
21%
Feb
27%
10
_
Appliance
Electric
Alabama
ft
20%
200
21%
21%
(H C)
Shares
of-Prices
Low
•
& Co
(S)
21»/a
Warrants
Air-Way
$6
Apr
Bohack
1
common
Convertible
A
Blumenthal
5
1
50c
(N J)
Accessories
Aircraft
Jun
24
Feb
Sales
for Week
Range
Last
Sale Price
-
ft; ft ■.■,!/; P°r
-
B
Atnsworth Mfg common
Air
'
17
v
-
July 16
High
Low
10
1
Supply Mfg class A
Class
Shares
*
Week's
Friday
Exchange
Curb
Ended
Week
Range Since January 1
Hujh
Low
Par
Acme Wire Co common
Aero
of Prices
Sale Price
16
I
■
,
STOCKS
York
New
for Week
Range
w Last
*
Sales
Week's ' " "
Friday
Exchange
Curb
when selling outside the regular weekly range are shown
the New York Curb Exchange for the week beginning on Saturday,
present Friday (July 16, 1943).
It .is complied entirely from the daily reports of the Curb Exchange itself, and is intended
whether stock or bond, in which any dealings have occurred during the current year.
:
STOCKS
New
!
they are the only transactions of the week, and
computing the range for the year.
furnish a complete record of the transactions on
following extensive list we
In the
RECORD
YEARLY
AND
sales are disregarded in the week's range unless
footnote in the week in which they occur. No account is taken of such sales in
Cash'and deferred delivery
"NOTICE
Jan
110%
Jun
2
Jan
5
Jun
56%
July
THE COMMERCIAL &
270
Monday, July 19, 1943
FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
York
New
July Ifi
Ended
Week
Exchange
Curb
Week's
Friday
Last
Sale Price
STOCKS
Consolidated
Consolidated
Retail
ft Smelt Ltd
Mining
8 %
Stores
preferred
Royalty
Consolidated
Steel
Consolidated
Textile
Consol
Oil
Corp
Co
6%
7%
3,700
•
3%
107
J.
,
Jan
7%
2'/a
600
1%
Jan
2% May
2,500
5%
Jan
10% M.iy
4
July
4
100
4
■"
4
Cooper-Bessemer
$3
Cornucopia Gold Mines
Petroleum
Cosden
11
13'A
2,600
8%
Jan
15% Mar
39
100
37%
Jan
41
-
3*2
us
900
v:
2
2
W
C
receipts (ord
dep
American
Petroleum
29
.<i'
25
26% S
23
■
Croft
Crowley Milner & Co_
Crown Cent Petrol
(Md)
Crown Cork International A
"at
Crystal Oil Refining
preferred—
$6
Atlantic
Cuban
Tobacco
common
Curtis
Lighting
Curtis
Mfg Co
10'/a
200
.IB
Inc
(Mo)
common
Jan
%
$7
Jan
10%
3%
~3%
~3%
1,300
8%
8%
8%
200
$3
Mfg
Inc
a
8%
50
-
110% Jqly
90 Va Apr
•
Jan
Jan
97/a May
Jan
51% July
A
7% July
Feb;;:.
4%
"
Apr
13
12%
Jan
18%
26%
Jan
.,
*
Gray
Jun
Mfg
Great
May
Pacific
&
2
Feb
Non-voting
1%
Apr
1%
Feb
15%
Apr
Great
11
Feb
22%
Jun
50
2
May
3
July
Gulf
Oil
9
Mar
10
Mar
Gulf
States
3%
1st
Stores
Grocery
Apr
$6
$5.50
22 V2
100
:.4Va July
3% Jan
,
."56
3%
M
July
29
Jan
Jun
"•.::
5%
Apr
7% May
Jan
pfd
i". 67V4 Mar
825
27%
1,000
33%
84% July
■
,v
.
138 Va May
Mar
7: 36
Jan.
"
7%
4%
7%
,
4%
;,v 4%
49%
47%
' 49
—V
110 "
110
115
"
.
;5 Va
1,100
'•
600
10
• Apr
4% May
Jan
"M% Jan
36,200
37%
102 Va
Jan
;.49% July,.
Jan
•M0
;
7
110
July
"
"20
115%
107% Mar
4% Mar
•
Alabastine,
j:
127% Mar
115
&
Mar
V4 May
A; .1% Jan
;.'27
Feb
700
84%
33%
preferred
Gypsum Lime
:
7
80%
83%
V—
.•
—
—
Utilities
"
80'
5%
5'/a
6%
'
25,
•
common__25c
25
Products
Corp
..
.
100
Paper.
Jun
108
,7 ;
Jan
150
r".
preferred
Northern
Jan
;
July
■
stock
common
96
,
"IdO:
4%
56 ,;
28%
Tea—
Greenfield Tap & Die*
May
40
5,300
Apr
40
,12%
5«A Jan
,
—
...
1
5
Co
Atlantic
:r.
^
t"
:
55
* 28%
; 56
.
.1*
105
383
V
4%■%}„;'; .4%
Mfg, common
2,400
75
-r
'
-
•
,
—• ;
,10.
—
24
Feb
Jan
;
4%
1,500
40
--
101
.
38
.V
A—
Jan
1%
July
45 7
16%
16'A
,
.
A;'—"
^
1
Mines,^
Co,
class
preferred
Jan
3
3
Jun
6V4 May
40
89 Va
Ml V
39%
•
• /.
:
4
16,400
21%
19%
112
-
Jan
100
-
Sugars class A
Jan
ft
Jan
•
7%
6%
.
16%
6
20 Vi
•
.', 7%
Coal—
%
500
75% July
Jan
3%
2 'A May
"
Jan
100
8%
8%
I
19%
~i
"l
..
Jan
103%
--
—
Orand Rapids Varnish
4% Mar
Jan
May
.52%
10''
110'A 110% ;:V; j'i 375
v
4% July
6% Mar
May
2
!;;'%
150
•
.
Apr
Jan
A'30
1100
A
Consolidated
Gorham
ft May
Jan
2%
700
1%
1%
1
•
preferred
Gorham
Jan
Jan
33
;,
..."
6
•
—
B
Goodman
29% July
3,100
4,566;:"
■
110
;
Alden
Class
Jun
8
Jan
10 %
110
...
common
Co
Godchaux
Jun
Jan
1%
5
•
2.50
5
Sugar
Cuban
10 '/a
•
10
common
Glen
>3% May
26% July
15%
21,200
'
:6
v
,
Jun
90%
Jan
•13%
■"• 75%
„
120
! Vl.%
2JA
' .','.72% ' 75%
2%
,>
.
.,
Gladding McBean & Co—"
2% May
5%
5
•
25c
25
Drug Co common
convertible preferred
Crown
10%
Apr
{ft Jan
29%
26%
1
Co
Brewing
Gilchrist
ft APr
Jan
(AC)
Preferred
7% May
79
3,150
Gilbert
High
74
62
61
80
74
62
Jan
% May
74
60
—
.
.—
preferred
Goldfield
*
Liquidating Co
Jan
7,300
Low
High
31
preferred
$5
Apr
%
20
•
3%
2%
Range Since January 1
Shares
•
J an
1,400
89
87
for Week
Range
of Prices
•*
Low
1
common
Georgia Power $6 preferred—
July
a"a
t
8
_2 '/a
July
4%
1,400
67/a
;; .6 >A
76
90
Courtaulds Ltd—
Creole
Water Gas & Electric
$3
15% Mar
Jan
J'/
—
reg)—£1
5
common
preferred
convertible
5%
Jan
9
r3
preferred A
$6
9%
39
1
*
1
50
Reynolds,
&
corroon
1,300
1,000
97
*
Inc
Corox
12%
11
12'A
12%
•
-*
:—-*
5c
common
Co
Range
Copper
12%
11
*
prior preference
Jan
97
95
12%
1
& Steel
Varnish Co
July
Gen
100
preferred
prior
Cook Paint &
Jan
10'/a
Continental Gas & Electric Co—
Continental Roll
107
1%
4
pfd
100
General Public Service $6 preferred—*
General Rayon Co A stock
•
General Shareholdings Corp com
1
$6 convertible preferred
•
General Tire & Rubber 6% pfd A—100
Sales
Week's
Last
Sale Price
.
.
Outdoor Adv 6%
General
Mar
7% July
Jan
•
Exchange
16
Par
9%
10
———^
—
125
41
Jan
31
39'/a
Curb
Ended July
High
Low
High
38'/a
39 Va
7%
5
1
100
10
•
Week
Range Since January 1
Shares
of Prices
Low
Par
New York
for Week
Range
Friday
STOCKS
Sales
115% July
5% "Jun
—
D
Petroleum
Darby
Rubber Mfg
Dayton
Class
Dcjay
debenture
Derby Oil & Refining Corp com
preferred,
convertible
A
& Mfg
Detroit
Gasket
6%
preferred
Detroit
Mich
Stove Co
Detroit
Steel
Vilbiss Co
common
Shoe
Truck
Dobeckmun
Co
common
Bridge Co Ltd
Dominion
Steel
Coal B
&
Durham
Duro
—
B
class
Hosiery
Test Corp
Duval
Jan
5%
Jun
Jan
4%
Jun
common
common
Sulphur
Texas
72
Feb
Jan
79%
Jan
13
Apr
1%
%
500
Heam
3%
1,600
17%
500
26%
10
Jan
Jan
30% Mar
10% Mar
Jun
10
6
600
3%
Jan
7
8%
8%
100
5%
Jan
9%
1%
9%
200
21 %
21'/a
Jan
Jan
10%
400
3"%
Jun
Jan
76Apr
2%
100
10%
4
1%
Hormel
Horn
July
Co
Jan
117A
&
Hardart
&
East
& Fuel Assoc
Gas
common,*
12%
12%
4,900
7%
Jan
13% May
Oil
&
•
2%
2%
2%
2,150
•18
Jan
2% May
'
100
100
prior preferred
preferred
4%%
0%
Eastern
Malleable
Eastern
States
25
_
__
•
•
preferred series A
preferred series B„
Sugar Associates—
$5 preferred v t c
Easy Washing Machine B
Economy Grocery Stores
$6
56
36%
]jj28%
28'A
__
•
Iron
Corp—
$7
55%
35%
—
1
30
29%
1,275
.
28%
28'A
42
Jan
59%
19%
Jan
38V»
Jun
Fibre
Jan
25% Mar
V
t
for
c
Co
%
Jan
1,300
10%
Jan
2,000
10%
Jan
29 7A July
42
Bond
Electric
Share
&
5
common
*
*
preferred
preferred,,,
$5
$6
Electric
Power
& Light 2d pfd A
Mfg,
Electric
Emerson
_
6% pfd
participating stock
Empire District Electric
Emsco
Power
Derrick
Equity
Corp
30
Inc
Esquire
Eureka
Pipe Line common
Inc
Eversharp
common
400
2%
Jan
12
Apr
84,200
2
Jan
3,100
42
Jan
72
74%
75
79%
40
9,900
•
Products
9
29
8%
300
8%
9%
50
2,900
„
5 9o
convertible* preierred
Div
arrear
13% July
4%
41% July
2% May
30%
Feb
96
Mar
40
July
6'A
500
1%
73,300
is
1,975
22%
Jan
5%
1,800
2%
Jan
25%
5
Jan
30'A July
Jan
17% May
5
7
,2
—
—
35
5%
Co
Engine
&
Airplane
Brewing
Falstaff
Metallurgical
Fansteel
Fedders Mfg Co
Fire
(Phila)
Association
Power .ft
Florida
2%
12,400
2%
12'A
24
5%
68%
99% 101
2%
11%
21%
5%
68%
__
21%
—
__
Light $7 pre'erred..*
1,300
2,200
7%
3
7'A
Jan
24
3%
6lA
Jan
57 Va
Jan
525
81%
Am
Ford
rets ord reg
of Canada—
dep
—
A
non-voting—_—
Class
B
voting
Motor
dep
Amer
of
Foundation
Common
Juiy
20%
1,000
20%
20
3%
15%
16%
,,
101
Jan
6
Jan
20 V2
Jan
22
Jan
12%
—
10c
—
2%
2%
300
22
32%
10
13% May
—
22
32%
50
15
Indus Engineer—
..
■
•.
,
—1
Distilling
Froedtert Grain & Malt common
Co
participating preferred
Fuller (Geo A) Co
$3 conv stock
4% convertible preferred
Conv
;
Jan :
•
July
r
i
May
Apr
<
Jun
Class
5
1
—1
15
1
•
100
•
■—
Jun
Feb
3% May
22
j
5%
Co
11% Mar
16'A
Jun
1
Jacobs
400
19%
Jan
22% July
S
14%
5%
"l%
common
see
page
273.
.
■
V.
125
29
Jan
44
Apr
j
Jersey
100
45
Jan
64
July
(
68%
200
Jan
10
%
Jan
1% May
Jan
4%
200
2
Jan
8%
100
7%
Feb
16%
700
20
15%
'
Jan
1,200
3
7%
2,400
6%
1%
2,200
21%
600
6 %
•
5'A Mar
Jan
22
Jun
i
Jan
Va
4%
Jun
i
3%
Jan
9%
Jun
<;
4%
Jun
3,100
1
Jan
1,900
25
Jan
38% July
3
Jan
8% May
9%
Jan
7%
7%
2,700
13%
14%
650
15%
16%
Apr
15%
1,300
10
10
7% July
Jan
15% July
10
6,700
14%
9%
•;
21 Va May
106% July
20
91
Jan
20
.Feb
36
150
20%
Jan
37
'/a
Jan
July
July
1% Mar
20
22
500
15%
Jan
24 V4
Mar
83%
86
2,100
69%
Feb
86
July
12 Vb
Jan
16 %
2%
Jan
11V* May
1%
Jan
8'A
Jan
14% July
9% July
10% July
15%
15'A
15%
1,300
9%
4
9%
9%
800
3%
4%
1,400
14%
14%
200
9%
19%
7,300
10%
21%
21
10'A
20%
21
-
;1V4
6%
900
Va
.A
V,3% Jan
A Jan
.12
500
;'■> 7% Jan
19
32
24
20%
Feb
IV4
Jan
400
%
Feb
1,750
14%
Jan
21
7%
Jan
10%
iA V.
Jan
%
900
10
9%
■C 1%
1%
}J/a
Jun
21%
100
21
18%
77,,
Jan
100
4
%
--
3%
24%
24
,
4
—
Jun
May
43% July
Va May
—
July
-ft
.
Jan
2
7; 150
Jun
1% May
Mar?;
200
43%
—
July
9%
35,800
19
43
—-
May
21
Jan
%
'
18%
Jun
21 'A July
Jan
11%
11%
3/b
5
Jan
14
200
M 700
A'1%
1
—
13%
15,300
8%
8%
'
Apr
Jan
37-<:
34
'T
10 Va
270
—
1
*
*
15 V4 July
Jan
9% Jan
100
36
31
,
,
J
13%
Jan
90
Apr
—
'
•V
3,500
..
-
.
■
4%
Apr
-ft July
2
July
Apr
Jun
5%
13
Jun
4V» May
8% July
16%
107
i
5%
r
6%
.'(•■ 2 'A >•
.
>6.
6Va
:6%
2 'A
,
,2%
■
Apr
Mar
5% July
1,200
,-2,800.v";':
-.
700
;
;
6; July
2% Jan
6_%
Jun
Jan
2%
Jun
■1'
v.
,79
92%
96
81%
66
„Jan
j 8iV4 July
92%
40
69 V» "Jan
96
70
Jan
92% July
'97
Apr
13% Jan
81lA
50
,'17% May
:
79
K
115% Jan
Inc
Ken-Rad Tube
preferred D
Kingston
Products
Kirby Petroleum
7% pfd B
—
—
—
300
6 Va
Jan
14
*
100
100
—1
J
8%
14%
350
5%
Jan
49%
V
6
& Lamp A:__
Kings Co Lighting
5%
preferred—100
...
i
Jun
Apr
8
3%
Jun
7%
'
7%
38%
3%
38 V
106% 106%
*
*
Central Pwr & Lt 5%% pfd—100.
preferred
;
—•——fl00
preferredi.^———
-10°
Si Kokenge Co
*
Kansas Gas ft Elec
|
:
2
Apr
600
—
—-•
•
•
•/«
;
A Jan
8%
--
•
shs__•
'
'j *
Apr
14%
July
2%
4%
100% 101%
78
.
82% July
Jan
8%
16%
Jan
16%
=
'
''
i
9%
4%
—.10
Fireproofing common
Gas & Elec $6 preferred B—
footnotes
1
15
--,'
10
Engine,;:..!—1
Mar
£1
reg
preferred series A
For
Airc't
Kennedy's
General
IL
1%
60
5V4 Mar
\
A-f~-
15
Electric Co Ltd—
rets ord
Mfg voting
Jan
20
Jun;.
'
.
3%
38%
7%
13%
1
trust' ctfs...*
Royalty
9
1
*
General Finance Corp
Gen
82%
1
<
*
i
:
—*
——_—,10-
700
*
Alloys Co
Amer dep
coupon
(FL) Co——
Jeannette Glass Co_^__—
7% Mar
82%
.100
Mfg Co common
20%
50
,
5
8
"
Jacobs
common
preferred,
General
Gen
Power
Products
t
•
350
22'A
147/8
62
Jan
Apr
July
i
4% Mar
16
—
14%
27%
114
!
Jan
21%
14%
42%
44
64
Mar
I
July
32% July
7 %
Gatineau
shares
Italian Superpower
Julian
Gellman
Petroleum
''
Jun
4'A
105
Apr
—
50
series,,
Air Chute.
Irving
15
-
Mar
•
1
21 %
•
Machine
preferred
*.
$3.50 prior preferred—.
Interstate Home
Equipment
Interstate Hosiery Mills
Interstate Power $7 preferred
15
>—
Jun
34
Feb
19%
85
$1.75
*
j
3
Mar
2%
.•:,/£-i.'—
29% Jan
1%
22
B—
Investors
23% May
•
1%
Apr
25
7'A
7%
—
Inc.,
,_1
Industries A
•
Minerals & Chem Corp warrants,,
Iron Fireman
1 % Mar
■-
—
preferred ———
(Peter) Brewing Co,—
Fox
600
4"%
10 Va
Feb
4%
—
100
1
International Safety Razor B
international Utility' class1 A—
Jun
68% July
France—
rets bearer,
$1.50
Franklin
—•
•
Worth Stock Yards,*
Fort
4%
__
74'A
74
Industries
International
.
Class
Ford
£1
Jan
,,
-
Motor
6%
Jun
23'A
12% July
Jan
10
July
2,700
20%
Metal
Registered
Mar
Jan
300
32 %
250
27%
73
100
$3.50
Preferred
Motor Co Ltd—
Ford
26'A
'
Hydro Electric—
International
10% Mar
Jen
1%
10
Jan
3% May
of North America—*,10
International Cigar
Jun
Int
2,000
32%
20%
coupon
preferred
International
Fairchild
regis,.
International
9%
9%
Jun
15%
108%
—•
preferred
7%
F
9%
-
—
International
1
1
1
*
5
10
Aviation
Fairchild
24%
.
£1
Insurance
May
■
.
May
21
103 V8 Mar
—
•
50
Industrial Finance Ytc common
1% July
Jan
Co
dep rets
7 %
12% May
Jan
10%
33 %
%
bU
..1
Indianapolis P & L 5%% preferred.100
Indiana Service 6% preferred,
-100
May
1%
10%
1%
32%
—
,rf
Ireland
Jun
9% May
Jan
31%
__
32
Jun
15%
Chemical Industries—
Imperial Oil (Can)
Registered
July
29
__
Apr
14
Jan
—
£1
—•
•
Imperial Tobacco of Canada
5
Imperial Tobacco of Great Britain ft
Am
79% July
Jan
26
'
certificates
Zinc
Imperial
July
9
Iowa
Illinois
9% May
75
88
■
*._
27
Jan
3,200
Power -'Jo
Jun
6%
Feb
5%
Jan
17%
9%
'
'■
>V*.V
Illinois
J an
32
9
29
8%
814
3,400
Jan
22 Va
6
200
31%
1
—1
—•
5
li——
Apr
Jan
17
1,050
l'A
27:
Apr
11% May
9'A Jun
July
Jan
43%
41%
1%
100
•
10c
1
1
50
1
preferred
Jan
8%
8%
—
4
31%
•—
__
5
Equipment
&
common...
convertible
$3
•
1
15
Corp
Elgin National Watch Co
Electrographic
'
73 %
78%
41%
1%
warrants
Option
Empire
8%
—
1,110
11%
9Jan
f
1% May
2,400
39
5%
37%
5%
3814
5%
11% May
50
3,400
Eastern
1
•
•
Jan
11%
•
Securities
Hygrade Food
Jan
6%
7%
.•
;
preferred,
1st
4%
350
27
—
100
5
•
5
...•
Corp
Ligonier
Hydro-Electric
3,600
9%
32%
•
7%
7
29%
Baking Co—
Huyler's common
Apr
20
55%
350
Hussmann
44% July
31
50
May
—
.
•
Inc
Refining
Hummel-Ross
12'A
Jan
44%
6
11%
•
(Harvey)
Humble
10
Lead
Picher
Eagle
Jan
'
1
Hardart
Hubbell
1%
5
•
preferred
5%
4%
500
common
Horn
Apr
500
x33V» May
4% May
23%
& Co common
Co
Jan
23 'A
....
C)
Jan
23%
M
2V» May
Jan
3 Va
19%
5
common
(Geo A)
(A
May
300
>
2.50
..10
Inc
Horn
Jan
8
Horder's
Mar
3
Jan
200
3
3
31 %
66
3%
Jan
Holophane
2
67/a
11%
•
common
Consolidated G
Hollinger
Jun
24
10
*
•
69%
& Jan
July
9%
25
Heyden Chemical common
Hoe (R) & Co class A
9% July
Jan
Jan
Rubber
Hewitt
4'A
44%
!__2
.
participating A
May
1,000
31
30%
7
—•
common..,
Jun
50
500
'5%
5'A
5%
31
4%
•
;
13% -
1%
50
——
25
—
25c
Co
7
Feb
Jan
4'/a
3,000
'
1%
'
5
Rubenstein
Co
-,
1%
•'
Preferred
MMy
7%
:
25
ctfs—1
—1
:
Henry Holt & Co
Jun
56%
Co
Corp
Mining
Heller
Jun
6
trust
America B non-cot com—1
Class A
19% May
Jun
2
9
—
6%
Helena
4% May
14%
24
Light
Dept Stores common
convertible preferred
Hecla
1% Mar
Jan
10% Mar
3%
17
26%
3%
17%
Hazeltine
7
Jan
17%
r
_10
l
voting
Brewing
Hat Corp of
Apr
19%
Mar
18
1%
Rayon
Harvard
Jun
x8%
1%
Electric
Hartford
Mar
Jan
Paper;
42
5
^
Hartford
4% July
1%
62 %
'.f 4'/a
3,900
Co
Lamp
Hammermill
July
111
Jan
50
110
4%
3%
Hall
Apr
Jan
3%
50
72
72
1
*
Harris Co
Duke Power Co
33
24%
100
•
Corp
Jun
200
5%
H
July
1%
•
1
1
*
25
common
Dominion
Driver
19%
10
common
Divco-Twin
Draper
19
Jan
1
10
10
common
preferred
7 %
Diamond
Jan
11%
5%
1
1
Products
De
15
300
20
;
Gray Iron Foundry
Detroit
100
19%
32-32
5
50
100
*
•
1
class A common
prior preferred
$6
19
18%
1
Stores
Dennison Mfg
8%
19
19%
35
convertible
A
18% July
Jan
17%:
19
5
•
1
common
Davenport Hosiery Mills
8%
1,400
17%
49%
10
8%
123
May
8% July
14%
Apr
"3%
;
~37/a
4%
4
.4%
47
Jan
50
Jun
32
Jan
37
May
2,100
1% Jan
4
Jun
1,000
1%
4% July
Jan
;
Volume 158
Number 4195
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
STOCKS
New
York
Curb
Exchance
Week Ended July
2
Week's.
Friday;
Last
Range
"'•V-l'', Sale Price
10
Sales
STOCKS
for Week
of Prices
New
•
Shares
Range Since January 1
York
Week
Curb
V'V-'
1
.
Klein (D Emll) Co common
Kleinert (I B) Rubber Co
convertible
(S H)
11
Apr
14%
Apr
Jun
9%
Apr
10
Apr
4%
Jan
.
9
-9%
t
500
99% ;
C'1,160
y
9% July
99 Va
96%
Co
1
13%:
6%
100
'
6%
12% Mar
Nestle Le Mur Co class
1,000
4%
14% May
6% Jun
Jan
Lake
Shore
34%
33%
35
1
13%
12%
14%
10,900
1
3%
3%
3%
1,700
Mines Ltd
Lakey Foundry & Machine.
Corp of Delaware
Lamson
;__5
Lane Bryant 1%
preferred
Lane Wells Co common....
B
Brothers
21
75
19% May
12%
31
31
11%
42,500
11%
23%
w
Y
Feb
N
Y
Jun
5% Mar
Jan
9% May
% May
12%
17%
Jan
23% July
2 % May
23%
100
2%
500
16%
150
8%
'
%
12%
Jan
Jan
16%
9%
7,500
2y8
10,300
53%
1,125
21%
48%
1,500
20
Jan
1%
1%
500
1
May.
8%
Long Island Lighting common..
*
1% preferred class A———.
,100
6% preferred class B*.*
—***100
.9%
23,000
250
44%
,
Louisiana Land & Exploration*.——*!
&
N Y
6%
■'
.
5 Va
*
103
1—5
700
Jan
9%
iV Jan
N Y State
N
Y
6% May
9% July
Jan
Jan
18%
107%
Jan
1st
Mangel
2%
Stores..—
.
preferred
(The B) Co
Mapes Consolidated
Mfg
Co
26
Marine
2
'
<
Mass
Steam
Shovel—....
Utilities Association
Massey Harris
1
Co
2
6%%
A
Metal
4% May
13% May
125
Jan
Scott
7%
'
7VB
100
;
\v-<
1
*
Corp
103
v
2Vs
Michigan Steel Tube
2
Jan
•5
Michigan Sugar Co
i
Preferred
27/®
Middle States
Petroleum class A
v t
West
*
$2 non-cum dividend
Co
Oil
Midwest
Midwest
shares....,
1 Va
7%
1%
8%
2,000
Piping
vi
111
Supply
Jan
%
6% Apr
Jan
6% Mar
1% May
7% Mar
6%
X3%
Jun
Jan
8%
Jun
%
Jan
2
Jun
4%
Jan
9V4
Apr
200
Missouri Public
8
Mar
,9%
Feb
Service
Monogram
•
S
,
pfd
50
•57%
725.
»
Copper common
Producers—,
3%
•
Jan
109
May
5%
8
v
;
4%
0;:
"
VW
'
140
22%
Jan
12
Jan
13
5%
'
163
50
21%
July
May
July
21% May
Jan
4
1% Mar
-
-
8 %
Jan
%
'• *+ U- ..7
Jan
:V-
17
6,500
3-
»
22%
■
Jun
1% May
7% May
Jan
Apr
180
Jan
Jun
22% July
32%
100
250
20 Va
Jan
~2%
6,400
"l%
Jan
2 Va Mar
e%
6%
1,600
4%
Jan
6% Apr
17%
:
33%
~2
18%
400
13%
Jan
20
112%
Jan
128
—*—*
Muskogee Co common*
6%
preferred.—*—
3%
.
173% 175
♦
:—-2%
Jun
650:
S;-
.10
Mountain States Tel & Tel—
Apr
90
6,700
'
__5c
common
1%
59 % Mar
Jun
'
12%
•
Mountain City
Apr
Jan
200
18%
-*
Moody Investors partic pfd
Mtge Bank of Col Am shs
Mar
2%
.50
1,700
12
10%
*
19
Jan
Jun
90
18
.——10
Ward A
i
Montreal Light Heat & Power..
8%
Jan
1%
100%
12
1
:—1
Murray Ohio Mfg Co
Muskegon Piston Ring:—
14
,
1,000
~73/a ~8%
•
Montgomery
Power
6%
Jan
.
Apr
56
common...—...1
States
Apr
—
2.50
Society A...
Mountain
Apr
2%
900
■2%
*
Mountain
35 %
Jan
100
common
Utilities*
20% July
Jan
v"
1
Pictures
Dakota
Jan
,1%
..
:
17
2Va
*
Corp
Monroe Loan
17
;
15%
25%
400
'
8%
100
Monarch Machine Tool
Montana
8%
200
875
2%
z
Jud Voehringer common
Molybdenum
20%
30%
2Va
pfd
Mississippi River Power 0%
Mock
20
♦
7%
Jan
112
105
July
July
400
16%
Jan
23
May
108% 109
30
102%
Jan
56
160
36%
Jan
1%
Jan
128
14%
*
14%
300
11%
11%
1
12%
300
8%
100 f
64
National Bellas
National Breweries
Hess
common
_
_
14%
1
,
National Candy
C
•
j !
f
'
National City Lines
$3
convertible
National
9 Va
64
10%
4%
10
.'
.
.
57
33% July
18 %
128
Jan
200
,
,
National Fuel
.
National
Power
National
Refining
Rubber
National
Steel
National
Machinery
*
For
X--
Refining
l
5%% preferred
Transit
Tunnel
Union
'
11%
"-■S 15%
Apr
July
July
Jun
14 % Mar
Jan
10%
Jan
Apr
;7.' 69% Mar
..
&
—
Noma.
Radio
footnotes
see
273.
4,100
11%'
18
26,100
May
56
3%
41,700
3,625
V 54
Jan
83% July
73
450
42
Jan
76% July
;
:"Jj:
400
**
10%
10%
4%
11
5,300
7%
300
4%
4%
100
3%
12%
Jan
%
9
Feb
Apr
Jun
1% May
4% Jun
%
23,300
A
Jan
76%
74
% May
76%
1,250
52%
Jan
& 76% July
32%
31%
34
500
22%
Jan
34
34
300
23 Va
Jan
34
July
Ju'.y
51%
Feb
53
Mar
%
,
—5
;
.
*.
6
Jun
82
Jan
102%
July
108%
.25
108% 109
7%
*
Apr
•
.
100% 101%
100
class A
1%
Feb
_
pfd.100
Corp
Feb
4
—
—50
preferred
Power
Jan
"1%
Utility Securities—*
States
Va
Jan
8%
50
*
Nor Indiana Public Service 6%
Northern
6% May
103% Feb
8% May
% Jan
.
1
common
prior preferred
American
}A May
Jan
32%
^***.*—*
......
North American Rayon class A*—*
B
Jan
"1%
1
—*——_*
preferred
Jan
%
3%
1
5
Electric—
1/128
01
*
Jun
2,000
.
6
100
B
3%
1,100
**
5
North Amer Light & Power common—1
$6
109% May
58% May
82%
Mines
7%
102% Mar
110
Jun
8
4%
Jan
27
27
**
16%
Jan
2%
Jan
5%
Jun
17 % Jan
91 K Jan
22 %
May
102 %
Jun
8 %
May
27 Va May
<4
Ogden Corp common*—
Ohio
Brass
Edison
Co
class
—*—*4
B
4%
3,700
102 %
22
22 %
101% 102 Va
260
114
112% 114
70
106%
Jan
115 Va
113%
112
113%
40
107
Jan
113% Mar
110
111
1C0
'
Public Service 1% 1st pfd
1C0
1st preferred—*.——*———100
6%
Oilstocks Ltd
common
5
Oklahoma Natural Gas
common
11%
preferred
$5% conv prior preferred
Oliver United Filters B—
11%
3,200
-15%
Jan
44%
4%
*
•
■
Pacific
Can
5%%
Co
1st
11
Public
■30
$1.30
19%
•
Paramount
•
19%
-
]
.
..
1%
3%
2
3,500*:-
3%
3%
1,100
Jun
8
Feb
3%
250
Jan
8
Jun
Jan
7%
Jun
;.
13%
600
Jan
13% May
35%
1,500
31
Jan
32 %
1,200
28%
Jan
35% July
32% July
108%
107% 108%
:V:':
95%
8%
40
.;.
95%
102%
40
73
1''
1
■
Vw-fv JC19
\
Pennroad
Penn
Corp
Cent
Sl9
Gas
Penn
&
Power
$6
:-
&
A
Light $7
18%
Penn
Traffic
Penn
Water
Pepperell
Perfect
&
18%
'•••;'• ^.
_
.4%
4%
v.'i
.
pfd
common
E
V'":*
Scale
Pressed
Producers
Apr
76
Jan
74%
100
July
Jan
95
Jun
Jan
171
July
%
2% Mar
Apr
4% July
34
34
3
July
Jan
u 69
Jan
122
July
July
Jan
34
Jun
4
Jan
7
Jun
,V. 5
Jan
9% July
125
V:
'
Jun
51%
450
104
50
.,.
6%
8V4
9%
3,500
21%
400
■:
31%
'
.1
Meter...
RR
8%
900
267/a
V.
$!,[■
1%
1%
•
1%
/:
—
V
6,800
.7%
7%
—
1,000
63%
65%
13%
13%
97%
94
97%
10
25
'
3%
_*'
Jan
Jan
1 Va
Jan
53 %
Apr
9 Va
Jun
26% July
13 % Jun
2Va
7%
Jun
42%
Jun
47%
1,660
Jan
Jan
Jan
65% July
200
10'/a
Jan
14%
1,000
84%
Jan
97% July
400
■V
2%
Jan
8%
Jan
13 %
Jun
12% Mar
14%
Jun
33/4
4%
v."
14
•'w—
s.
5
9
Mining.
i,.
'V
6,400
Jan
America
.%
Jan
1,700
3%
Feb
700
4%
Jan
7
Apr
5%
6%
29%
7/a
{i!
Public
of
7%
1
irf
Jan
x9
Jun
Jan
30% July
■
200
1
19
'
2,300
-
,
%
•Vm. 1% May
9% Jun
1st
July
Jan
21
May
7
Jan
8%
Apr
11
Jin
13%
Apr
1% July
% Jan
2%
Feb
Pyle-National Co
4%
Apr
Pvrenc
Sound
7%
100
«*•'—
preferred
—100
.
•
116
•
preferred
Puget
1,000
34
5,800
Jan
3%
Jan
U
Jan
J an
4
Mar
41
Feb
.May
7% July
% May
8% July
8% Mar
7
Jun
104
;'
Puget Sound Power & Light—
$5 prior preferred
$6
1,000
%
7%
*
7%
May
7%
8%
%
8
1st preferred
53
10
Apr
106 Va
Jan
109
Apr
114
Jan
Jan-
Colorado—
6%
13
40
6%
«
_
Gas
Service
40
1
of Nevada
Feb
-•
common
of
Jun
iV
•
■
29%
*
v
100
9
6
v
•
Inc
1
8%
v.;'-.
/
•
Co
14 Va
%
_
1
Corp
Jun
'
10
%
Prosperity Co class B
Apr
6
38
•
64%
-
Jan
8%
24,800
Feb
4 V4
8%
8%
24%
26%
50
common.
Metals
Jun
2%
69
122
9%
*
1
common
Lambert
12
Jun
Jun
1%
150
6%
Mining Co
Jan
63%
36%
50
•
Ltd
Metallurgical
Pittsburgh Plate Glass
Pleasant Valley Wine Co
Plough Inc common
Prentice-Hall
July
Jan
% Mar
•
._
Pittsburgh
July
Apr
4% Mar
18
Jan
25
common
Postage
Gold
Mar
32%
Jan
500
6Va
Pittsburgh & Lake Erie.
&
May
32% Mar
%
-***
1
Co
Mines
Sugar
19
35
;.:i
44
100
67
common
Governor
L
Jan
Apr
27%
V'Vv-rr
20
6%
-K'-
500
0 ".?
Securities
Pratt
98
;
t :
•
%
itf
121
Packing
&
IS.
(
V* Jan
9%
170% 171
\V;
*
Phillips
Eess
■—
J'
0
'
Co
Phoenix
Pitts
•
WSir
-
.
;
'■
Phila Electric Power 5%
Pitney-Bowes
Apr
July
July
23 Va May
Jan
Jan
3
20,790
'
•;
Jan
31
:
100
Co
Gold
9%
28%
Jun
9 Va July
Jan
28
50
.
14
50
4%
preferred
•
Philadelphia Co
Pioneer
86
Jan
'
.*'■•:
com
Pharis Tire & Rubber
Pierce
xl9
Jan
5,200
32%
Power Co
Mfg
Feb
3%
100
17
Co
Circle
23
1
Mfg Co
Penn Sugar Prop common
_
15%
■■■■'•
...25
_
Salt
5%
72%
,
■32%
:
_.l
preferred.
Penn
,•
102,200
Jun
95% July
6Va Mar
22%
*
common
Elec class
9V«
8 Va
Pennsylvania Edison Co $5 series pfd_*
•
$2.80 series preferred.;
Penn
100
.,
8%
.
common
Airlines
108%
*
•
$1.40
Jan
Jan
3%. Jan
*
1
9%
.
~7%
July
6%
500
May
Motors Corp
Telephone common
preferred A.__
12% May
40
500
-
12%
117
:
13
•
Peninsular
29
July
12%
Feb
31%
•
Parkersburg Rig & Reel—*——.
Patchogue Plymouth Mills
52
r'
May
-
110
34%
Parker Pen Co
Jan
7
19%
;
■
Apr
July
10
;
•
preferred
Page-Hersey Tubes common
Pantepec Oil of Venezuela Am shs.
Feb
102
'
'
55
32
..100
1st
Premier
Jan
50
19%
Jan
.
July
Jan
300
12
Jan
35%
*
Alexander
3 V8
11%
Jan
48
3%
...25
Service
of Canada
87%
53
8%
16%
200
7
1st pfd
Pacific Lighting $5 preferred
Pacific Power & Light 7% pfd
Pacific
&
180
11
Jun
100
800
~7
7%
•
common
Power Corp
500
53
July
11%
*
preferred
Powdrell
100% 102
6%
Jun
111
19 Va
1
Jun
6 1/8
•
103% Mar
54%
115% 115%
1
Pacific Gas & Elec 6%
8%
.
...75
19
19
50
Securities
9
100 ,;•;,
225
54%
15
$3
Overseas
4
22 %
»
preferred
Ohio Power 4%% preferred
Ohio
4%
*
common
$6
Jun
28% July
Mur
50
-
2
'
30c
page
18%
3%
*
Nineteen Hundred Corp
Providence
'
100%
•
Mines
12%"
15 Va
-
'
10
.12.50
_
52
Jan
Jan
25
100
29
4%
iV'
*
•
30
11%
,
10
60
11%
•
Ltd
400
19,000
52
*
Sugar
Tea
*
_
■//;
2
28%
25%
12%
*
common
Car
National
National
—
Light $6 pfd
:28%
.1
•
_
&
National
National
_
common-
30
50
_
Gas
National
v-
1
common
Mfg & Stores
National
•
.30
_
(Del)
15
1%
28%
*
preferred
Container
14%
1%
*
common
Co___
90
69
common
preferred
Nipissing
Potrcro
•
Nachman-Sprlngfilled
I
,
79Va
Niles-Bement-Pond
Polaris
i
102
Feb
18
optional warrants
Pneumatic
U
80
24% May
13% July
:
Jun
% Mar
3,000
,
9%
30
—1
Minnesota Pwr & Light
112
Jan
10% Mar
31 % Mar
109%
6,400
10
Mid-West Refineries
Mining Corp of Canada—
Minnesota Mining & Mfg
250
.
4% May
8% May
95%
,
optional warrants
B
A
Feb
Jan
2% July
•
4% Mar
1,200
9
5Q,;
1
&
2%
18
13
104% 105
100
A
Class
_•
28
£ ':
—
100
Jun
700
"
1%
*
i
Co..
Feb
■
Jun
Feb
2 Va
•
Jan
4%
'
9%
108
Jan
A
Apr
200
.7%
•
1%
8%
*
5% Wi
♦
common
Abrasive
31
12%
*_
Mid-West
Jan
3%
2%
Midland Steel Products—
Midvale
July
*.10
Omar Inc
Apr
250
,7%
.
5%
.
j.
174 Mar
700
6
7%
■
c.l
Corp common—i_—_5
Corp $2 conv preferred..*
%
%
5%
Class B "V t C———-—..***.*1
Midland Oil
4
,*100
Class
1% May
Jan
28
May
8%
11
Jan
108
..
,
5%
;
300'
.
*
1
;•
■
'
%
1
.—;
6,600
July
6% May
28
Jan
%
Jun
39
V.
98% Jan;
■
'
,
10
——
Micromatic Hone Corp
25
2%
'.J;'
.*..—*2.50
.
Jan
2,800
103
25c
*
Participating preferred
z
15
Metropolitan Edison $6 preferred—.—•
Michigan Bumper Corp
2—.—1
Middle
7%'
■
Apr
4%
Jan
2
A__
preferred
145.
,2%. Jan
21
19
class
:
Textile
Jun
Jan
'
Messabi Iron Co
8%
Jan
preferred
Chapman'&
Warrants
common
preferred
Ohio
1%
,—
Merritt
Apr
8
Memphis Natural Gas common
Mercantile Stores common—.,—
Manufacturers
Jan
>•
Jun
July
Jan
—
.
IV4
Mar
23
i«
z—z—
Participating
4
Jan
4% Jan
Mead
Merchants &
Jan
6 % May
c
McCord Radiator & Mfg B
McWilliams Dredging
&
10,400
4
9
Jun
Jan
common
Johnsdn
35
3%
t
v
21%
68% Mar
Com
Margay Oil Corp
Marion
90
Jan
Jan
Jan
111
1
preferred
Novadel-Agene
Ltd
Co
Jun
4% July
Jun
Jan
11
Marconi < International
munication
Jan
57
2%
13%
57%
104%
•
Northern Central Texas Oil—
North Penn RR Co———
$5 -convertible
Manischewitz
preferred**100
Class
North
Jan
300
3%
12%
shares
Niagara Share class B
6%
%
Jan
Jun
107% May
2,500
;,■&;**.•>
Electric & Gas $5.10 pfd.100
Service 6% pfd
100
2d
Class
Manati Sugar optional warrants
4%
July
8%
Apr
29% May
Jan
400
■
Water
5%
Jun
Apr
17%
66%
3 %
10
Niagara Hudson Power
Jun
2% Apr
53% July
48 % July
Jan
52
Jan
87%
40
•
Shipbuilding Corp—
Founders
5% May
Jan
9%
20%
3%
10
Merchandise
Jan
25%
r_
Honduras Rosarlo
5%
Jan
1,225
Jun
20%
y
;
*
*
6
11% May
5% May
Jan
1
175
.4
*
common
N Y Power & Light 7 %
$6 preferred
32% July
7%
16
Lone Star Gas Corp new common—.10
1% May
16% May
1,400
2
common
N
21
-fe Jan
24% Jan
100
4
1
common
Co
Jan
1%
64%
..
—
11% Jun
Feb
4%
7,000
25
Louisiana Power & Light $6 pfd
Mar
101
Feb
% Mar
5
London Packing*—
6
Process Co
Apr
112% May
7%
City Omnibus warrants
6% Jan
common
Corp
Auction
Y
2%'Feb
———5
..
Steel Chain
Lynch
Y
N
20
1
*
Co*——,
Lipton {Thos J) Inc 6% preferred
Locke
New
N
100
*
Le Tourneau (R G) Inc
Line Material
Jun
100
n
Land
Apr
Apr
,
4%
52
101% 102
•
•
4%
11%
25
:
3%
50%
25
14%
11%
*
—
Development
4%
Inc common
39%
Feb
500
21
7% Mar
51 Va
*
Jan
3%
Feb
4%
High
Jan
104%
4%
y
100
*,
Co
Jan
200
•
Oil
Clock
8%
.5%
12%
90
37/a
4%
•
England Tel & Tel—
Haven
2
1
Lehigh Coal & Navigation
Lit
20% Jan
100
*—.1
Lefcourt Realty common
Convertible preferred
Leonard
460
5%
Langendorf United Bakeries class A__*
Class
:
500
♦
New Jersey Zinc
New Mexico & Arizona
100
Low
20
110'%
n;
New Idea
(N J)
19%
110
100
preferred
New
RR
Range Since January 1
*
*
New
Lackawanna
i.
High
5
*
A*
England Power Associates
preferred
$2
Shares
*
(Herman) Corp
Neptune Meter class A
6%
13%
10
110 %
Nelson
100
Low
19%
100
preferred
Sales
for Week
Range
of Prices
,
*
Nebraska Power 1%
Nehi Corp 1st pfd
New
preferred—
Par
Co
Feb
10
100
Oil
Week's
Last
•
Sale Price
•:
Navarro
100% Mar
*
,
special preferred
Kreuger Brewing
Jan
•'
July 16
\
High
%
13%
1
1st
Low
600
*
Koppers Cn 6% preferred
Kresge Dept Stores—
4%
High
A yi: %
10
*
Knott Corp common
Kobacker Stores Inc
Kress
Low
v;' Par
Kirkland Lake G M Co Ltd
Friday
Exchange
Ended
'
__
Pulp & Timber
*
'
common
Manufacturing
'
-
117%
575
101%
117%
Jun
75%
2,800
45%
Jan
75%
Jun
12%
12%
300
7%
Jan
13%
Apr
13 Va
—*.
13%
225
8%
Jan
15
8%
8%
100
7%
Feb
'
5
10
*
74
"
'
'
116
74%
__
•
8%
9%
Jun
May
.'.
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•
t'f
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maMay-.:*
^^■■■■■vw.»...^!>i.rf
-•
«>:•.„-
JOW/MM^acW*^f
Monday, July 19, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
272
new york curb exchange
STOCKS
Sale Price
Exchange
Week Ended July 16
York'Curb
New
Last
>
of Prices
-
Range
'
Low
Par
V
•
Ended July
Week
6%
Quebec
preferred
Power Co
146
Feb
156
July
13
Machinery
Corp
Co
Low
">'■
' *.*
Low
12%
Jan
21%
Jun
13 %
Jan
20%
Jun
50
7%
Jan
11% Mar
5 Va
16,100
l7/a
Jan
48%
950
*:
! l
.
20
11%
11%
4%
~5
48
48%
__50
preferred
i
43
Jun
49 % May
Jan
14
Apr
9 lA May
8% Mar
15
v?.V ''
5%
12% Mar
•
1
High
1% May
Jan
,2,500
19 Va
19 Va
•
Superior Port Cement class B com
Swan Finch Oil Corp
'v. ■/'
Range Since January 1
:
•
convertible
5% %
High
%
1
1
Ray Drug Co
Sunray
Oil
July
Shares
of Prices
...5
Sun
Feb
13
155
153
153%
90
88%
88
70
(S)
Sullivan
Mar
92
Jan
120
(Hugo)
Stroock
q
"
100
•
16
Sales
for Week
Range'
*
Sale Price
Par
Stlnnes
Quaker Oats common
Last
Exchange
Curb
High
Low
High
York
New
Range Since January 1
Week's
Friday
STOCKS
Sales
Shares
for Week
Week's
'"Friday
1
r
■
& Light Securities
Railway
Voting
—10
Investment A——1
common
10
common
Railway & Utility
Packing Co..
Rath
>
Co
Roller Bit
Reed
Poster Oil Corp
Retter
5
& Engineering..
Reliance Electric
Goods
warrants
Dry
St.ix
Ripe
Corp
Cable
Rome
common
Roosevelt Field Inc
Typewriter
Royalite Oil Co Ltd
Royal
Russeks Fifth
Aeronautical Co
!
Consolidated Petroleum
Ryan
Ryan
Mar
Jan
y2
13%
Apr
7,800
fa
250
10'/4
3,300
400
14%
9Va
1%
1%
3%
i
Tilo
4
1V4 July
Jan
4
1,300
fa
Jan
,90
91%
Jan
107
16%
4U0
1j
*
Jan
17
9% <11%
1,300
7%
Jan
11% July
3%
700
2%
Jan
5%
3,400
Apr
15%
16%
3Va
y.
Jan
500
16
Jan
250
49%
Feb
69
19
Feb
22 i
Apr
~6
~6
1.100
;,
3j/4
Jan
6%
Jan
6
4,100
3%
Jan
•
6%
1%
1,000
fa
Jan
__
July
Jan
7
July
450
17 Va
Jan
22%
Apr
4%
Jan
,v
Jan
>f.
:43
2%
Jan
Feb
-5%
Jan
11
1%
Feb
^
__
60
"
60
" "
'
5
fa;
3,900
5%
7 Ve July
2% Jun
60
July
.
Jun
warrants
Chatillon
112
fa
3an
1
Feb
1%
Jan
4
May
6%
2,400
13%
14%
Jan
16
Jun
4,800
1?
1V4
8,400
8%
400
.1
14
3
lVa
...
-<
Jun
Apr
fa
Jan
:
1
% July
4%
"39
Jan
t10
Apr
Jan
64
Jun
Inc.
Tubize
107 %
Mar
100
7/a
3Vi
7/8
10
Jun
Mar
107
■
__
1
J
3May
67
Jan
102"
>
..100
July
53
__
100
Oil Co
600
1%
1%
•
preferred
Class
8%
Corp
A
1
.....
60%
__
•
__
1
•'
200
62
"
5'/a*.
5%
10
J10%
5%
10 Va
1
Tung-Sol Lamp Works
6l/4 Mar
1%
4%
.
2,600
5%
800
1%
Jan
5% May
600
6%
Jan
10% May
3Va
1,300
2
Jan
3% May
2V4 May
4%>/4%
1
6%
•
preferred
6%
Edison
Tri-Continental
5V4 Mar
1,%
def reg
recs
Trunz
Apr
July
113 '
Mar
%
'V 6%
'
7
3%
1,100
21%
•
Exports
dep
Transwestem
Jun
2%
102
.
220
21 %
•
Trans Lux Corp..
T8% July
-i 64%
4%
Stocks
Shipyards Corp
7%
24% July
V 15%
Jan
5,500
21 %
1
Tonopah Mining of Nevada
5>/4 May
17% <18V2
64
5Va
17%
6V2
6%
dep rets ord regis
Todd
Mar
4
6%
Security Trust Co Ltd—
July
7/a
17% Mar
'
y!
113
5% Jun
3% Mar
600
18,500
20
6%
V
2
& Construction___.__l
Amer
Apr
A
%
y
113 '
■
2,200
15%
5
Amer
July
y.
100
;
C
Product
Tobacco
1% July
IV4
6,100
14,800
/
pfd
Inc
Roofing
Tobacco
Feb
yv2
Jun
7%
common
Tishman Realty
14% July
7
Co
Tobacco & Allied
5% May
9% Mar
V
300
9%.
Jan
3
Shovel
Thew
Jun
Jan
%
Oil & Land Co._j_.
14%
July
2
Jan
4%
Power
Texon
29 Va July
21%
500
& Light
Texas
14% July
„
/,
common..
4V2 jV
24V2
12%
*
•
Toledo
1
& Haynes common
Ryerson
Jan
Jan
13
13%
2%
Ave
Mar
51
Tampa Electric Co common
"
3/e
*
*
,
2%
.Va
106% 107
1
—20
$1.20
11,100
28%
»4
1%
3%
*
5
—....—5
Petroleum Co
convertible preferred
Root
19
Jun
16,400
2
27%
100
Elec 6% pfd D
& Pendleton Inc
Rochester Gas &
Roeser
14%
1
Gas Co v t c
Rio Grande Valley
49
10
4V4
23%
1
Taggart Corp common
7/a lviar
13% Jan
L.
t.
i.
uau.ai.or
2,500
—
Richfield Oil Corp.
Richmond
18% Vi
1%
4
1
*
Jan
ll7/a
—
—1
Republic Aviation
—
Rheem Manufacturing Co.
t
Jun
..14
Jan
%
49
12%
•
7%
100
49
I; 14
1%
27%
1
*
50c
650
;..
u
-
17%
.
49
preferred
*
Raytheon Manufacturing common._50c
$3 convertible
Red Bank Oil Co.
,
—
• -y'■—
Raymond Concrete Pile common..
u
Jun
2V«
Jan
32
Technicolor Inc
■;
--
51,500
14
13%
137/a
;
2 Va
1%
l7/s
Radlo-Kelth-Orpheum option warrants.
convertible
80c
preferred
U
Udylite
Realization
Ulen
preferred
7%
1
Oil Co
.
Samson United Corp common.
Sanford Mills
Salt
Dome
Savoy
Oil
Co
common
3
Co
Schiff
—
5
Paper common
Regis
St
$2 conv pref
A
Class
.<
JL
Lace
Scranton
__
3% i
4
Steel
—1
& Hardware.—
Lock
Segal
Co
Shoe
Selby
.
Inc common
Selected Industries
Convertible stock
;
stock
Allotment certificates
$5.50 prior
common
...
Co—
B
,
...—.
Products Co
5 %
•
.1
50
20
preferred
2d preferred..
1st
;
Sterling Aluminum Products
1
Sterling Brewers Inc
Pfpfcon
F^r
B)
Co
footnotes
•
common.
see
page
t
273.
j
t
non-voting
:
$3
•
4
17,
v.
8%
'
-16
Amer
Ltd—
Co
rets ord
dep
Profit
United
Jan
73
A
10%
1,300
~r
u'..
-
.5
Jan
Jan
-14-
100
.
83
r
i;
.
:
,
i
>
4
14%
75
12%
100
;.
100:
U
S
$5
4
Juiy
119%,
:*
180
100
3%
:y-;l
4%
4%
:
3%
Apr
5
Mar
106
Jan
96
2Va
July
4% July
Jan
2,200
.
55%
8,500
«
53%
U s
U S
U
S
%
5/a
V.,
.
i
Paper
Universal Products
Co
...
■
-37%
400
46 v*
Jun
6
Jan ;
Z:
Jun
%
55% July
•> 39
Feb
<
preferred
Utah Power & Light $7
Products—i
Radio
...10c
—1
93
;i_ r-:
-.r
5%
*
1,500
.6%.I
-
1,700 ;■
*
325
27%
t;
.
V3%:^
3%
■
<
78%
27%
2
50
.
47
Jan-.;
9% July
Jan
Jan;
'
"1%'May ;
;
;*
r
7- :;.80%
Jun
30>/2
Jun
27% July
:CM Jan
;-:'i%
\;Z%,
Jan
-.
Feb
•
v
■:J:
v:
:'■« 300
f'r
f
'
1
Feb
15
..
—
—
iv
'
19
'(1,500
18 Va
14%
-
Z— '
66%
4Va
1%
18%
18 Va
;
,
—
—
—
2%
68%
4Va
1% 2
73 Va 73 %
2V2
64%
4'/a
1,450
19% July
20 % May
3
Feb
Jan
2
,%
Jan
Jan
: 49
July
18% July
-
;
Jan'
Jan
1,600
100
22;
July
45%
;.
100
■
2% May
Jan>,,.
2 Va
3,300
Apr
7% Jun
#
17% July
400
17%
Apr-.:
13
-
Feb.-?
•
fa May
3
■
./
4%
''—
2
Jun '
-2% Feb
i
Jan
fa
11
3%
.••!."
*r.<:
Jun
400
ry<;
,
6% July
.
Jan
.
7,000
.
July
"
7%
1,400
m
f
Jun *
72% May
Jan^'-s
M>.-.:-6Va July
60
..
4%
-
•?
?
•
I : Va
•
.
.
.
100,.
>
Jan
_„,2%
;
ri
Va
i
Jan
^ 4v <:
23,100
6 Va
.
i
■% Jun
Feb;
63
100
-j.-
•
.
July
July
255 > Jun
Jan'
43-
925
46% L
5V4
fa
3
v
■
-
•
-.^4% Jun '
n*
Feb
.
X..2V4
■
72
46
.—
•
5
•
Utah-Idaho Sugar
Utility Equities common...
$5.50 priority stock
1%
i',; 2u0
1
70%
:70%
;.
ctfs._-_^.L:._._.—.L___l
Utah
2%i Feb
Feb
JZZZfa
..f.
'at
'
.
50c
—2
Universal Consolidated Oil
10
Universal Cooler class A
•
Class
B:
—x._:
•
Universal Insurance
i
8
Universal Pictures common.—...^..-.l
Wall
United
5% Juiy.
1,000
Jan
.
II May
Jan
..>3% Mar
1
6
1
67/a
Graphite common
5
and International Securities.:
•
?—:
1st preferred with warrants—i78%
Plywood $1.50 conv preferred___20 ;
;
Radiator common—
—1
<
Rubber Reclaiming
C^
4Va May
1,700
Jun
H May
■faf
Jan
21%
4%
.
122% July
'
>
-
Jan
5%
Va
V4
-
.
250
25
25
class B
Foil Co
aan
4y8
Ja
Jan
..
.
i_10
i
common
2%
5
16
Jan
•
..80
>
25c
i
2
3% ■:
May
68% July
r,.
,
4%
,
:
Jun
2 V4 May
Jun
75
4Va July
49 %
Jun
32
Jan
Mar
Jun
,
'
31
31%
30 y4
29%
1,600
30%
30 %
200
31% May
Jan
30 % July
Feb
28%
%
.-
,0
43% May
Jan
40
—
2
Jan
May
—
—
■
115
,5
5%
"
8%
8%
Apr
7%
200
10%
11%
2,600
3,300
3%
29%
4y4
30
,
,
121%
Mar
j".
57/a
.
$4
common
convertible preferred—
1%
%
%
%
Jan
% May
2%
Jan
5% July
2%
100
%
Jan
2% July
Jan
1
2%
Jan
6% May
12 Va
Jan
18
May
Jan
3
July
West
17%:
400
Jun
3<*2
Jan
Jan
fa May
1%
,
T
3
is
1%
32
2
1%
113
.16% Jan
...
56
July
9"% July
Va
~5
5
54
~5Ve
__
1
6%
Apr
fa
Feb
% May
—fa*
fa May
1,900
2%
Jan
4%
3%
107
4%
10%
60
98%
Jan
4
3,600
Weyenberg Shoe Mfg
il_l
Wichita River Oil Corp—
1%
Jun
Williams
fa, Jan
54
Westmoreland
400
July
Jan
12%
July
Jun
Williams
2%
Jan
5 Va
July
Willson
(R
Feb
40
Jan
10
Inc
C)
&
Wisconsin Power
Jun
Wolverine
400
6%,
Jan
12% May
41/4
2,000
300
1%
H
Jan
Jan
4% July
1%
6%
300
27/a
Jan
7
1% May
May
10%
& Light
Portland
7%
Cement
Woolworth
American
Wright
(F W)
•
1
pfd—100
Hargreaves
receipts
Ltd
Apr
..8s
•
Jan
Apr
11% July
11'/a May
Jan
95
18
Mar
Jun
26
May
Feb
15% May
May
9%
150
5%
Jan
97/a
7%
7V4
200
5%
Jan
9%
97/a
200
7Va Mar
7% May
9%
9%
1%
Jan
Jun
Jujy
12
12
150
4% Mar
9
Jan
12
May
108
12
Jun
108
Jun
3%
~6%
"3
"2%
1 Va
3,300
"3
8,200
Feb
4% Jun
4
Jan
7Va July
6%
~7 Va
Ltd—
deposit
Mar
July
13
10
1
Woodley Petroleum
6%
5%
3,800
.
Jun
11%
' (
Heating...
Inc
107'
14% Jan
10
•
Co..——
Oil-O-Matic
Products
Jan
4
21 %
.1
2% May
54
1% July
14% May
67
—10
Jan
20
Apr
10% July
Jan
1st pfd__100
Stationery, com
*
Westmoreland Coal
20
1%
7'/4
1%
Feb
V2
Western Tablet &
1,100
-1
11%
7%
fa.
1,100
35
-4
100
400
Maryland Ry 7%
9
54
..
90
9
10%
Jan
300
10% July,
Apr
1%
106
6%
1,100
5% Mar
Feb
10%
; 3%
3%
Air Lines Inc—
Western
Jan
5%
'
A May
A
800
July
11 Va
•4%
Western Grocer Co
2,500
Jan
10
3%
100
4,700
—
Coke
&
.1,000
110
9%
Coal
Western
%
9%
3%
10%
—
Utility $6 preferred.
Texas
West
"i78
56
Co
Mills
Jun
%
53%
Knitting
Apr
%
Jan
Jan
Mining
Wayne
17%
12
fa
Class B
Walker
16 %
13
72% July
1%
Jan
100
3,100
July
9% July
Jan
44
10%
class A
& Bond
Jan
16»/4
17 V*
—
May
7%
Waitt
Va
16%
1% May
31
Jan
86 V4
'
2,800
3
Jan
Jan
4%
80
3%
Wentworth Manufacturing
.1%
17%
72%
"9%
10%
preferred.
3,800
16%
53%
9%
a7*
Wagner
2,300
2%
17
Jun
1
Tor
1,300
70
Co
5%
"5
%
18
350
26,300
W
I
Baking voting trust ctfs
Aircraft
%
.
72%
July
2%
2%
,
__
"7
■■
■;'"'
4,200
9%
Feb
30
Apr
1%
31
7%
..100
7%
...
5y8
5%
,5%
.4 17 %
%
Manufacturing
29
8%
Apr
Waco
• —
pfd—
1%
1%
31
1
4% July
Jan
Jan
23
5
Petroleum—
Venezuelan
Vogt
1
—
11% July
6% Jan
120
Jun
9
Jan
—
,llVs
i; 4
\
Valspar Corp
Virginia Public Service 7%
V;—
•
4,700
fa
<■
i.
1,800
>,
,
%,
%
115
,.ji fa
...
100
8,600
'i
%.
55 V4
fa-:.J
:
:
Machinery
Shoe
Voting trust
4,300
5%
3%.
45%
?;
241- f
-3% Mar
'
.
May
2% July
y-
175% Jan
11
10
106
4
5%
.
22
Jan
,
July;
14% July
,10'/a Mar
.
fa May
May
•
7
Jun
13%
Jan
..21% May
100
106
6,200
^
■
•
-
Preferred
TJ S
Apr•
•
V'16% Jun
Jan-
-
<
8% July
1 llV*. Apr
3%
2,550
%
United Specialties common.
4V8. Jun
;>
Jan
>
2%
«,
200
"
230% 238
22,800
% -'v
3%
w
regis
Sharing
preferred
United
July
->'•% May
-fa Jan
3% Mar
-
1% May
•
,
Jan
%
4 V
121% 122%
••
-
May
72% July
100 V y -'
200
.
~,
100
Molasses
United N J RR & Canal Co
May
1% May
10
100
•
.
•
Jan
fa
10
...
•
preferred
participating
United
Jun
Jan
52 y4
Jan
29 Va
•
preferred
1st
$6
July
Jan
51%
200'
Jun
Jan
%
July
9V2
Jan ;
16%
57Va
11,000
•
V*
3
4 250 4
*
1%
fa
:
3%
122%
■
.<
fa
«.
B
class
CommOn
-.1% July
13 Va Mar
150
-
3% if
13%
1
1
1
Inc
I.T
73
,
Jan
Jan
24,600
1%
*
.1
•
warrants
United Light & Power common A
.May
f 46
Jan
'28%
•
$7 preferred
1st
f 3%, July .*
Jan
1,150
'■! %
:■
100
fa' 3%
(The) Corp voting trust ctfs__l
(A)
Sterling
72%
Feb
%
AVi
-
9,200 -
1 %■
7%
1
class B
& Co common
Sterchi Bros Stores
f
'
~
i'2%. ,2% ^
•
2.78
1
10
1
__20
10
100
1
—1•
•
1
—1
:—
Steel Co of Canada
6%
Jan
-2».%
400 *'
1,600
16 y« '4,
4 9%-
3%
.3%
•
Standard Silver Lead
Stein
16 %
..
14% May
Jan
12
-
.
.:
United Stores common...
—,«
Co
Standard Cap & Seal common
Convertible pref erred...
Standard Dredging Corp common
$1.60 convertible preferred
Standard Oil (Ky)
Standard Oil (Ohio)— 5% pfd
Standard Power & Light
Siarrett
58
17,300 -
r *'
<•
4
'
10
.10
5
Co..
Line
Brewing
Tube
Apr
Jan
44
;
.
10
Spanish & General Corp—
Amer dep rets crd bearer..
Amer dep rets ord regis.
Standard
- -
,
i
83/a
;
Spalding (AG) & Bros
1
1st preferred.
...—' /v'c—
Standard
-
1%
-9%
"
lVa
'
- —
preferred
100
New England Telephone__100
1%
•
United Gas Corp common
May
26
'
5,700
46;;
1%
16
Southern
Preferred
July'
7%
;•620 ;
13% .i3ya
California Edison—
original preferred
25
6% preferred B
25
5 % %
preferred series C
25
Southern Colorado Power class A...25
Common class
16 Va
16 y4
-
'
5%
Standard
Jail
17%
120
52
72%
Southern
Spencer Shoe Corp
Stahl-Meyer
Inc
31% July
*
1
Pipe Line—
Royalty
Jan
72
Corp.——.—..-.——---.—.1
Soss Manufacturing common
1
South Coast Corp common...
1
South Penn Oil
25
Phosphate
25%
• /,
common
Pipe
1,100
87/a
;
Sonotone
Southland
31%
24
.
7% July
__
;
United Milk Products
Manufacturing Co.
—100
Manufacturing Co Ltd— •
/. ■ faZz
Amer dep rets ord regis
£1 „ — i
Sioux City Gas & Elec 7%
pfd
100
—
Solar Aircraft Co—.
1 .J 4%
Solar Manufacturing Co
..1 r
5%.-
Southern
41
"
1%
;V
preferred
Southern
Jan
'
—
.c",
Stores
warrants
>
>/2 May '
4
J:
67 Va
i
f.«
Jan.
~6Va
2,300
11 Va
3% May
Feb
Apr
Jan
22 y2
51 $
Singer
1%
1%
%
2,900
•14%
Singer
Pa
Corp
23,200
44.
Simmons-Boardman Publications—
Southwest
Cigar-Whelan
United
—
11%
—
.
11 %
•
10c
United Elastic Corp
41
23%
--
•
•
Sherwin-Williams of Canada
Simplicity Pattern
Jan
12%
400
United
July
3
16
1%
& participating pfd
cum
;
....
600
Jan
5
1,000
•
•
common
Option
5 1%
9%
-
—^—.-5
•
Sherwin-Williams common
——25
5% cum pfd series AAA....
..100
convertible
Jan
*
•
commons—;
Mining—
Shawinigan Water & Power
$3
Jan
%
--
-
Denn
Co
24%
•
4»/a
7%
j
7
•
.
1
Products
July,
50
800
16
$3
Jun
35
30;<:
i_._—_ 1 1* J.
L
1 i —
Seton Leather
Silex
Apr
U S
Sentry Safety Control.—
Serrick Corp class B_
Shattuck
2%
.
i.
■
*
•
1
5
25
Seiberling Rubber common—
fa Jan
3
1,%
■:
1 c
*
Bros Inc.———.....
Seeman
Chemicals
37'::
;-"51^;.15%
•
.
Aircraft
United
«...
1%
3
700
3
37/a
•
Investment common
United
35
15%
Union
Jun
x. 2%
2%
10
Co
Canada
of
Gas
V
-•
Securities Corp General——
Jan
•3
23%
common.
Manufacturing
Unexcelled
8% July
137 i.
Jan
2%
800
<2
•1%
,16
.
Brook Water Service—
Co
10,000
35
•
preferred
$6
May
4y4 May
Jan
115
.50
8%
7%
'
Scullin
iy2
42,500
4%
131% 132%
8
1%
1%
41
31
common
Scranton Spring
,
1
25 >
25
•
Convertible
2
Apr
:
10c
Corp
Union
—*
commonL
preferred—:
Scovill Manufacturing
Scranton Electric $6 preferred
(D A*
Schulte
1%
•
50
5
-.100
1
1
*
Corp Ltd
Lawrence
St
Corp
Jan
10
Jun
2
Jan
4
Apr
r*
«&«
WW.
i
.
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
BONDS
,»•■/>'>
'
i
■
'T
New
!
;
York
Curb
Friday
:
Eicha
*
•
Interest
:1
Week Ended July 16
Last
.
or
Friday's
Low
American Gas & Electric Co.—^
2%s
s
f
s
f
debs
33/4S
»
f
s
Pow
Amer
/
1950
J-J
—I960
r
J-J
J-J
deDS
Amer
Writing
&
1970
deb
Lt
Appalachian
Elec
Pow
Pr
Associated
Lt
&
JAssociated
5s
Gas
Elec
&
deb
deb
,
■'>>
1948
iA—-
AConv deb 5s
ADebenture
'
; Registered
•
i.
^ AConv deb 5%s__
Assoc T & T deb
Atlanta
-
t—
Avery
5s
& Sons
5Vis A.i.„;
(B.
without
P.)—
•
12
i
22*/a
22
25%
22
23%
-134
13%
23'A
187
12%
a1
12%
23'A
.V
83%
75
•
J-J
-
22%
'■>!
83 Vi
108
'
82
v,
•-108
r
V>> M-S
1
22
;
-
22%
108
.*
14
72%
1107% 109'A
106%
109%
Bell
Telephone
1st
M
5s
5s
of
series
;:/■■>;>,
Canada—
series
C
6s
1998
6Vis
Bickford's Inc
/
1968
Boston
1970,
Broad
River
Power
114%
116
A
117%
120
104
102%
104
IO51/2
103%
106%
104%
101%
104%
103
102%
105
4'As
Aug 1955
5s_
104
M-N
,
103
Power
7
106%
106
5s
1 j.w,
6s
1962
106 %
109
102%
39
•
101%
38%
38%
102% 106%
105 *" 107'A
-"107
107'A
{108 'A 109 '/8
{107
115%
108
109'A
107%
110 Va
111
108
115%
1141/3 115%
107'A 108
;
1C5
'
108
•
•
J-J
>\
101
100'A 101
v.-
97%
101
110%
112
111
112
'
M-N
Ill
1961
A-O
1959
M-S '
1964
J-D
111
112
•
112
{91
;
> 93
77:
Colorado—
L
New
105
■30%
106%;'" *106% 106%
_>
■
111%
1
104'/a 105
M-S
1956
4'As B
of
-
F-A
1950
1st mtge 3'As
Sinking fund deb 4s
Public Service
> •
38
•
J-J
,,
1091/4
'
M-N *
107
4
•
F
of
;
:
.
111%
107'/a 107%
106
HO
105%
111
.
J-D
■
,
1972
Co—
-.
M-N
/
_1979
S'/as
-J
J-J
>
:>
»-4.
105%
107 Va
12
—lioi'A 103
; ;;
F-A
1977
E
(Can)
Public Service Co
85 "
109%
^
106
'{106% 107 ,V
.V
F-A
1964
extended
series
54'A
„■*■.*. \'-.f;■«■•» >•„•*;*
111%
A-O
'
1953
Transit
Coke
Edison
Corp
115 Va
109% 112
F-A
1970
Rapid
stamped
Power
105
Elec
115%
4
33
106% 107
'-.V
1962
Light
107%
85
106
A-0
•'.«
.'•••
."
Power & Water 5s„—.___1948
Gas &
Potomac
120
104
1954
5s
120
J-D
M-S
P.
4s
—
Portland
U50
1953
23As
■/
High
112
105
•
...t
5s
M-8
;
M-N
1971
Power
Low
111
5
__
■
Service
Philadelphia
113
83'/a
A-0
v
108% 127%
115% 115%
:
A-0
Birmingham Electric 4'As
14 •
>•; >
>'w
1968
3s
Philadelphia
:;v>
V Q-F
1962
Edison
113% 115
M-N
1960
Bethlehem Steel
113%
J-D
1957
B
f* ** * *•*.'
"*
1945
3y«s
mtge
3'As
M-8
1950
«*'"
Pennsylvania Water & Power 3'As_1964
99Va lOO'/a
w,
Baldwin Locomotive Works—
<
106%
"
V
6s
F-A
:V
...
No.
107% 107%
115% 115'A
,83%
W* <*■«'"
Park Lexington 1st mtge 3s.
Penn Central Lt & Pwr 4l/as
1st 5s:—
83%
•
Convertible
***
Oklahoma Nat Gas 3%s B
.108'A
J-J
Range Since
January '
Sold
High
{Ill
..
107%
J-J
1969
:x
Pacific
J-J
1954
5s
1st
Public
Oklahoma
..25%
107
5 ■
J-D
1947
warrants—
1st
M-N
1948
-if '
mtge
Ohio
25%
22%
-
^
Bonds
Sale Price Bid & Asked
..
.
A
Power
1st
25%
--22
1964
5yas
series
Ogden Gas
25%
13%
232
22%.
22 %
Utility
•*"*"•*
».
Ohio
22%'
■:- i
Cont'l
#
iv
74%
14%
23
Friday' Week's Range
Last .*
or
Friday's
Interest
2004
-
Northern Ind Public Service—
109
46%
23%
•
"f
^
Period
Gas 3%s
5s
"'.J
122%
;
.'
July 16
Westchester Ltg 4s
1st 3%s
107%
$4'A
&
Nor
95
>■■,;>''
M-8
>--•-
1955
1964
Y
Elec &
Debenture
108%. .109,
124% 126 fA
73%
•
Y State
N
105%
88%
F-A
-
'
Light- 4'As_i__.
Atlantic City Eiec 3'As—a
104%
96
^
Ended
Low
107%
107% 110%,
124% 124%
,74
,__1977-"■'■> >-A
1955
M-3
Gas
103%
A-0
/>
1968
i—l
......
Week
105
--r
New
,
High
107% 108%
108'A
v
J-J
1950
-
5s
,
.
1949
95
"
«
N
105%
Vl08% 1.0.9
>
A-O
Co—
4Vis
105
94'/a
>J-J
1953
4V2S
AConv
105 Vi
J-J
1956
x
;AConv
Low
109 % 109%
..
J-J
2024
A
No.
tl04>/8 104 3A
3,y4Sj~n,.-»-197Q3-D
4%s
Elec
High
f 1073A 1083A
M-3
..1961
6s
Appalachian Pow deb 6s____
-Arkansas
,
.
,
2016
6s
Paper
January 1
'
debs
3%s
Range Since
Sold
BONDS
York Curb Exchange"
<
•:
•
Bonds
Sale Price Bid & Asked
Period
EXCHANGE
Week's Range
1949
Jersey—
/
{109% 109%
V
J-D
106% 106%
/;v
v."*',JV'
91%
106%
110
103'A
106%
138%
154
•:
'
Canada
Northern
Central
111
El
Power
Gas
&
5s
33As
A
states
5'/is
§ A Chicago
Rys
6s
series
Cities
deb
i
Debenture
5s
Debenture
5s
Cities
Service
5'As
&
P
L
__________
Lt &
Pr
El
&
series
3 V48
1st
■/■,»' J-D
1
• J-J
Textile
Cuban Tobacco
8s
&
Power
Elmira
District
Light 5s—
Federal
2030
5Vis
Water Service
Residential Mtge
6s-5s
stamped
1954
v
•
6
106%
89
Debenture
"9.
gold
1951
100%
104i
General
Pub
——1954
A
debentures
Stinnes
&
1957
Light
6s.
1953
5s
Serv
7-4s
Corp inc 5s
(Hugo) Corp—
104% 105%
Alden
Coal
100
M-S
98 JA
102
J-D
1965
4s_
98%
100
107%
106'/a
Texas
91%
98 '/a
103-;
106'A
52
'
-v-
,
.
37 4
105
;
193
98'/a
.
H 9,
101 % 102 Va
97'A 100
u
West 4s
Trunk
1941
Great
Mountain
5s jstpd—.
Nor Power
Green
:
Grocery Store Products
& West 6s
97
t
105
.
105/:
1963
1945
Investors. 5s
"90 'A
-,•.■■■
:
*
.
Tide
10O
111
f
S
6s
1st
ref
Service
A6Vis
A7s
A7s
1941
1
coup)
(Aug
1941
106
105 »/a 106
36
M-S
102'A
101'/a 102'A
11
{103
M-N
J-J
F-A
A-0
.
M-N
A7s
(July
J-D
{28Va
;;
—.r
F-A
Interstate
Debenture
Iowa
Altalian
a
6s
&
Power
6s
J-J
;
Kansas
Electric Power 3 Vis
Kansas
&
Power
112
18 Va
29
29%
29
>>;/2; >V
66
104%
:>;:16»
66
6s
,
107%
109%
{107% 112
106%
106%
{121% 122%
122
123
J-J
{112
112%
J-D
108'A
J-J
113%
108 Va 108'A
A-u
109'A
109
;
108 '/a
M-N
Middle States Petrol 6»As
1945
J-J
A
1943
A-0
M-8
J-D
E
RR .5s__
Milwaukee Gas Light 4Vis
Valley
1967
Minnesota P & L 4Vis
1978
;
99
6s
{110
113.-;
Rys Co
AStamped 5s
58 3A
108%
"
102'A
112
102%
108% 108%
10
105%
109
103'/a
:.6s
J-D
108
107% 108 r1.1
J-J
M-N
106 '/2
116 % 106%
22
111%
"411% 111%
2
Nassau & Suffolk
1941
Nebraska
6s
Power
62%
106%
109
103%
107%
110%
New
New
M-S
1956
A-0
102%
Amsterdam Gas 5s_
Eng Gas & El Assn 5s
1948
J-J
112'A
:
5s
Elec
deb
16
1
102
26
107%
A
112%
69%
43
49%
69%
33
50%
72
M-N
69%
68%
69%
41
•50
M-N
108 7/a 108%
3
1948
;
A-0
J-D
Nov 1949
J-D
93%
93%
953A
107%
5s
109
117%
96%
.117% 117% >
103%
■•hr-1117%
F-A
100%
M-N
106%;
99% 100% >
106
*'95%
100'A
98
106%
106%
M-S
.
20
19%
20%
{110
■
115
4%
24
108%
109% 110
109%
109
v
110%
2030
A-O
107
107
1960
■
5s
102%
J-D
108%
115
115%
110
118'A
F-A
{97% 100
Union—
85%
F-A
81
81
82
1937
stpd
Curb
J-D
95%
95
95%
J-D
95
95
95
Friday
Fxchonge
7s
Interest
Last
■
Period
6
>
98
63'A
20
83
.
75,
>
2
Week's Range
or
Friday's
1948
A-O
95%
73%
95
Alssue
J-D
Parana
de
ARussian
High
F-A
{45
J-J
M-S
{19
1958
M-N
{28
J-D
49
6
50
'
46
'
,4/
20%
{1.0
1952
(Peru)
6'As stamped.1958
1
stamped
Oct
23
(State)
Janeiro
141/4
;■
—
23%
44%
52%
42
9
—
52
52%
20
.
10
15
20 Va
11'/a
20%
20
35
30
v
v
23
2
f
:■■
<
16'A
24%
32
36%
1947
M-N
1927
A-0
7s
■'
■
—
20%
M-N
1951
6%s stamped
A Mortgage Bank of Chile
6s_
Mortgage Bank of Denmark 5s
ARio
Low
& Waterways—
7s
of
January 1
No.
>
{55
1953
7s
AMedellin
Range Since
Sold
High
,455
J-J
:
Bonds
Sale Price Bid & Asked
1955
Mortgage Bank of Bogota 7s
A issue of May 1927..
1931
J-D
1972
{38
.v
"
"
"
,419%
50
"'>■
25
{47%
i '■
_- ■ ■■■ *y
'
•''
{38
J-D
V.\
>— T
X-i
'.;'
■
/'
-'
32
.-/■j 18
35
20%
45
-7
49%
v
1958
6'As
...
Government
6%s
A5%s
M-S
1959
J-J
1919
J-D
5%
5%
6
103
2%
9%
J-J
5%
5%
6
72
2%
9 Va
1921
•No par value,
t
Cash
93%
86
76'/a
94
96%
73
82%
96%
102 y8
106
sale,
x
32'A
33
27
27 VB
27'A
2
-•
13
22%
■
35%
17
30
>
a
Deferred delivery sale,
d Ex-Interest,
e
Odd-lot sale,
n
Under-the-rule sale,
Ex-dividend.
.
{Friday's bid and asked prices;
A Bonds
being traded flat.
109
Service—
AIncome 6s series A
106%
102% 103%
'4\.j.
1944
>
71
1954
External
AMaranho
71
68%
'
"
Debenture 5Vis
A-O
1952
~2022
5s
ALima City
114%
1
69
69%
'
103%:
102'/a
1961
England Power 3V48
New England Power Assn 5s
F-A
117%
97'A
69%
,
>
5y2s
Extended
110%
114
69
1950
5s
Public
112 % 112%
12%
J-D
1948
New
Orleans
116
101% 102%
91%
112%
113
M-S
1947
-
Conv
New
116
2022
A
98
23%
110% 110%
J-D
5s
series
Nevada-California
,
1981
4Vis
{21%
109%
{105% 106%'";;
A-O
•
A
{101% 102%
F-A
F-A
1959
Agricultural Mortgage Bank (Col)—
:
A 20-year
7s.
April 1946
A
20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
106%
1957
1951
Ltg 5s
100
85
111%
110%
109%
100 %
1955
«ANatlonal Public Service 5s ctfs—1978
96'A
107%
40
1112% 112%
Low
99
49
;•
109%
111— 115%
4
91%
1947
5s
York
ACauca Valley
108
12
Mississippi P & L 5s
—:
Mississippi River Pow 1st 5s
5s
91
108%
—
Week Ended July 16
Danish
24
106
25
■
107%
5
11
109% 109%
91%
BONDS
New
109 Va
59'A
106
25
Foreign Governments & Municipalities
108%
100%
111'/a
110% 112
{102
102%
■; 1
99% 100
J-D
stamped extended to 1959
S A York
noya
86%
{100% 101%
111%
J-D
,..1954
Traction
Danzig Port
99
32
■;*. 105%
17
115 % 115%
J-D
107'/a
109%
i:
83
13%
46
109% 109%
100
J-D
108%
{107'/a 108%
;
19
107% 108
66
M-S
1970
{17%
107%
J-J
unstamped extended to 1959
41%
J-D
19bb
>|
83'A
'-/1
F-A
1964
Electric
Penn
108%
16%
46
108% 109
M-S
ii
83'A
65%
•
83<
65%
>12%''"
J-J
1951
54%
105V4 105'/a
J-D
65
•
83
_
.
SReported In receivership.
sales
no
-
,
being transacted during current week.
»•■'
Abbreviations used
above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates;
"wl," when Issued; "ww," with warrants; "x w," without warrants.
IfirflTtTi""
i
; j
65%
>;i:
24
M-N
4s
29%
M-S
1965
ref
17%
36
39
.,.82
A-0
Power 3'As
30
19
22
1947
1971
&
,,•>„
53%/;:
37
82% .83%
82%. 83%
29
5
52'A
37
:
•
83%
29%
16 Va
52%
J-J
',77
.
29Va
1
J-J
105'A
83
■""
29%
17
16%
/
si
.
'ff-J
5V2S-1952
(Maine)
debs
Elec
&
Penn
West
'J'L
■••■•''5
28'/a
West
income
85%
G
1st
108%
62
.
:i
105
64%
'
»
108 y«
/v.
series A.._~
Western Newspaper
115
105%
~
A 5s
90'/a
74%
1948
Mengel Co conv 4Vis
Metropolitan Edison 4s
Midland
90%
44
F A
M-S
M-N
series
103
85%
1957
Dist Pow 3Vas
stamped
4s
102'A
80%
1969
Lfijiisianfl Pow & Lt 5s
McCord Radiator & Mfg—
6s
Water
1966
Kentucky Utilities 4s
Luxe Superior
';■■
29
-M
Ry
Wash
80.,,.:
29 Va
,
Wash
94'A
'v:'
1
1949
4'As
gen
V'::>
r
Waldorf-Astoria Hotel—
106
99 Va
1
(Delaware)
6s
v
' )
64% " 82%
1952
S'As..
&
107%
101
29%
28 Va
•
111%
2022
Light 3 Vis
lien
107
84%
—1965
Kansas Gas & Electric 6s
1st
/i
■?.
& Light Co--
Debenture
'■"■;■:
28%
1956
5'As
Rys
■
06%
J-/
.
■
1946
4
cons
&
Utah Power
99
85%
1942
Jersey Cent Pow & Lt 3 Vis
&
Y;
.
->106%
,;■■•■■■
82%
A-O
Co—
United Light & Railways
6s series A
104%
;20
■
_1960
4s
United Lt
J-J
•—1963
(stamped)
1st lien
&
J
24%
1958
4 Vis
Light
Gas
Power
1952
—
Superpower
Jacksonville
Light
1957
5s
Power
•
29
1952
coupon)
United
102
.
>28% >28%
1955
1952
1941
.
,
{108% 109
__
■
'
104
88 y*. 89
9
88%: 89
{116
1957
coupon)
F
series
J-D
1957
E
N
M
F-A
1968
Transit
83;
F-A
;
:]
•' I
72 "
-1
82%
•
1979
Electric
99"%
.
107%
34
1955
C
(Dec
series
106% 107
Sec—
Power
series
A6Vis
A7s
14
107'A 107%
82%
F-A'"
2022
58%
93
107% 108
83
109%
105'A
:
82% -A3'/a
-.'-.S'V'
•„
5s~.
5s
United
88
<
91
99%
107
1952
1970
L 3'As
&
P
^international
78 i;
~
A-O
1983
AIndianapolis Gas 5s A
Indianapolis
107%
■106'A
•■->52%
74%' >77
■A..
'
105% 7 f
,
3lAs
Rapid
~
A-0
1958
5s
lien & ref 5s
1st
99%
City
82%
*
,
5s
•
110% 111%
1956
5s
Twin
Power
101%
98%
:.,L
{110% 111%
{98 %
1950
Hydro-Elec
Indiana
—J.
J-D
May 1957
Indiana
19%
94%
1954
5Vis
deb
44
25
,,,
mm
1953
series C
5s
61
{23 %
A-O
■
1967
A
ser
ref 5'As series B
&
1st
Lt
&
{59%
A-O
Jan 1949
3%s—
Power
Pwr
1st &
108% 111
101-;. 101%
{87-
Service
Edison
if'L
>
U
103
.
A-0
;
r
/
'
{107'A-110
104
104,/>.
M-N
100
F-A
J-D
J-D
J-D
6s series B—~—--Jfth 1949
Idaho
82
91
99%
{99%
-57 4;
•.
31
Water
Toledo
i",•,
Houston Lt & Pfrr 3Vis————1968
Hygrade Food 6s ser A
4: 3-
M-N
;
*.
1948
.*
82
.99% 100
100
Electric
Texas Power & Light
6s series A
4
100
93%
J-J
<
——1958
Guantanamo
§AGuardian
J-J
1950
$3A—
Pow
82.
M-S
1950
4Vis ser A—
(Adolf)
§ AGobel
102%
>
69y* '70%
A-O'
*
1946
...
/
S: 11
99% 100
^
Grand
-
v
J-D
1950
3d
.104%
2
-17 4V;
105% 106
104%
J-J
•
Georgia Power & Light 5s——1978
Glen
*
A-O
70%'
•
'
1957 >;
AStarreit
>106%'
,51
106 /'
J-J
v
1969
;
108% 109 Va
>
•
5s—;
3%s
Power
"105%
t
1989 ;;
stamped.
i.
; i
Certificates of deposit...
Stinnes (Hugo) Industries—
7-4s 2nd stamped^
'.*./■ •'*;
•'
v
-•'>
452 4
J-D
1966
4s ser C
Power Co
Florida Pow 81 Lt
F-A
105
103 %- 106%
,
■■!
'•:.
105
104%
103%
;?
105% 105%
1.1979 .F-A
2022 ;•
M-8
,
Florida
Gatineau
109%
.
105
J-J
..Dec 1 1966
Power
124
123%
.,1053A105%
M-S
,
/•
May 1948 •'
...May 1948
1951 '
6s.
Standard
-
1961
1
105%
9 7'A
100%
106 'A 106'A
•
Electric-r-
6s
Debenture
90
87%
263
:
&
(stamped)
Con\ 6s stamped..
103%
79
Gas
6a
87%
101.
107
'
106% 106%
M-N
Standard
116
79.
,
9
{123% 124%
.
123%
,
82%., 97%
.!
6s
;
Rys 4s__
Southwestern Gas & Elec 3%s
Southwestern P & L 6s__.__
104%
116:
5
229
87
88 %
3%s__i_1970
85'A
{104% 104%
A-0
<
j
>
131
;
100%
■T:
104% 104%
J-J
M-Ss
£
.
131
;
tV
__
97%-
104% 105
t
J-J
91
114
'
96%
104%
/r A-0
79
108%
(Calif)—
Spalding (A G) deb 5s___.
121
;
97'A
.
Gas
1965
-.1971
111%
101%
'
,99%. 100%
100%
M-S
,
r,"
88%
M-S
>
-
Bank—
—
85
1957
3s.^
"{64 >
>
96'A
A-0
•
;
91
.m
103, -103%
F-A
.
1952
1—J
96%
85
»M-S >
1956
El 5s
97%
1967
5s
Edison
Gas
J-D
tA-0
1947
'1st mtge 3s
+>.-105% 109
31
--1161;
.116
-
-
M-S
:
California
Counties
"
1951
.v.—1970
Power
Southern
98%
109%
f 104%
4123% 425
116
J-D
;; ;
——1956
& RR 5s
Water Lt
Empire
.104
-
:
i
Carolina
89%
>111% 111%
{128
129%
M-S
1951
...
Coal 6s
California
.120%
llOVa lllVi
6s
90%
J-D
1952
D
Southern
'
LL——1944
Eastern Gas St Fuel 4s set A
86
series
Wyoming
Southern
96'A
-
4%s
South
96%
119
—
4107% 109'A
F-A
1
3%8—if——1955
•
85
1st
Sheridan
:96%
*
Estate
Southern Indiana
A-O
M-N
;
stamped—1953
5s__w
Inciting
Finland
97%
;
Q———1976
(Bait City)—
v>
1
—1954
mtge 4Vis
Electric
96 %
••
Gas:
83%
Real
A-0
U
1979
Shawinigan Water & Pwr 4%s
98'A
84%
4119
it,....
?■;
>/•. J-D
Continental Gas & El 5s_j———11958
Cudahy
M-N
96J/a;
1952
Joaquin Lt & Pwr 6s B
ASchulte
104%
96%
-
149% 151%
—
'r.'X
J.'.
1
Scullin Steel lnc mtge 3s___
101
-
84%
96'A
4^ >>/•/■
ref mtge '2%s ser
Gen
•.
_i——1971
Consolidated
'
4;
103
V 89
-
98%
-,,-95%
97%
J-D
!
>*•«'
:—1951
A-
(Bait)—
N_:
Consolidated
-
7s
Pr
mtge 3» ser P~—.—>.—1969
1st'ref
-
.
Lt
96.%
,
i 107 Vi
y;
A
series
Harbor Water 4%s
San
57%
94%
-
M-N
- r
1——————1949
—
Connecticut
1952
5Vis
Safe
103'/a
95 :
.
/ M-S
5'As
42
45%
95%
M-N
Queens Borough Gas Si Electric—
100%
100%
100% 101.
98%
.
certificates
42'A
13
100
56%
1105
10K-
J-D..
107'/a
102% 103%
+
perpetual
..
107%
13
42
54%
r
4 A-O
;
1969-
—.i—;
56%
F-A
M-S
,
105%
101
:
6%
99%
107%
42%
36%
-A-O
v,
107
36'A
$10O;
A-O
.
1958
;
Consol
Gas
1955
__1950:
1
-
,
»;
1966
-Jan
.
'
41%
1952
i
5s
5s
M-S
J-J
—1927
5 Vis A——
B__
Service
Conv
-
ctfs—
5s
41%
1953
_
85%
.107% 107%
■
.
98%
107
p
F-A
J-J
.A,——J.U48
Central States PAL 5Vis—;
Cincinnati St Ry
s"
1969
1954
5i>
Lieu
J-D
1964
Central Power & Light 3 % s___
iAOentrai
98%
i 'l
t
+
-i
.
$ <*
'1
f " l» f
,
f *
HP-
r'f^
^
Chicago Stock Exchange
Baltimore Stock Exchange
Arundel Corporation
Baltimore
1st
Co
Transit
Fidelity
Georgia Sou
2d
common—5
10
31
pfd
Preferred
North
Oil
Amer
Co
Central
Northern
Fidelity & Guar
U S
104
9%, Jan
preferred- .100 •>.
Tel
capital
Aro
&
15
Apr
July
60
Jun
Associates
28
29%
1,656
39%
Wheel
Jun
Belden
Jun
Belmont
Washer
Bliss
25 Va
Jan
Jan
Jan
3
10
(Delaware)
"5%
2
1%
"1
V
1%
f
5% 7
Seelig Mfg
Radio
13
Jan
common
—__1
5
5
Corp—
Brewing
Laughlin Inc common
Warner
Corp
common
■r7%
—
6% May
?
Jan
Jan
14% July
22% July
"j '■
:*21%
22%
300
16'T
Jan
16%
16%
400
13%
Jan
8%
ii'7%
4%
600
16% July
9%
Jan
7%
Jan
18%
19%
160
13%
Jan
37%
38%
753
26 Va
52 %
53
8,800
49
Mar
56
60 Vo
1,400
55
Mar
64%
Brown
Jun
60 Vo
52%
.—1975
-1975
Transit Co 4s
5s series A
Jun
Fence
Class
Burd
Friday
-
Range
,
Low
Par
American
American
Tel
.
38% July
Range Since Jannary 1
Shares
High
Low
17%
Jan
1,729
127 '/a
Jan
156% July
8%
134
4%
Jan
814 May
29%
934
24%
Jan
31%
Belt
Apr
Commonwealth
104
Jan
750
9
100%
100%
110
149
112
Jan
112
11%
127/a
100
Albany RR__
Boston &
43
12%
112
*
81%
Jan
Apr
Consumers
12% July
101;
v.
Biscuit
May
Boston
32
Elevated Ry.—
Boston Herald Traveler Corp
3014
32
6714
68
18
18%
4%
4%
56
27%
28%
728
31% July
68% May
Jan
1914
Jun
Jan
5%
Apr
8%
395
Jan
Jan
2%
475
18
24
6214
5,078
67'A
25
—100
*
Edison
Boston
Jan
32%
-14
19
120
15 Va
69%
Feb
80 Va
ft
1,050
ft
Jan
1%
5,850
ft
Jan
100
92%
Jan
56
650
26
Jan
56
8
10
3%
Apr
95
17%
Jan
50
9%
Jan
2
Jan
8
Steel
17%
5
1
*
5
5%
60,500
6
17%
26%
4%
5
July
Mar
19
\
11% May
6
July
Jan
85
July
Jan
18 ■!
May
21%
Jan
26% July
2%
Jan
5% May
.
15%
180
10% Jan
16%
22%
23% '
181
16%
Jan
23% July
26%
27 Va
50
19%
Jan
27 Va July
15
...——
.
v
;
Lighting Inc common.
630
14%
Jan
20
231
10%
Jan
20 %
4%
27%
6%
100
10U
100
7%
prior preferred
5%
class A 1st pfd stamped
6%
6%
8%
class B
1st preferred stamped-100
6%
67''e
7%
class C
1st pfd stamped——100
6%
100
stamped
1st pfd
class D
Boston
Personal Prop Trust
Boston
&
Calumet & Hecla
*
—*
Service^
Cities
U>
Jan
8%
Apr
32%
Vo
8
2%
Jan
270
V: ai%
Jan
15% July
23
Feb
35
'
50
; >
83
Jan
96%
Apr
94%
95
95
160
'
.
2%
49
6 %
6%
■"
320
Cup
3%
170
1% Mar
4%
4%
200
2%
4 %%
A
J
,5
Apr
i
42
Jan
76
May
;
55
—100
100
:
9%
Apr
Jan
177/o
Jun
SS
Eastern
Employers
Engineers
Lines
36%
413
19%
Jan
8%
415
2%
Fitz
Jan
19% July
>,
11% July
f
3 4'/a
'
1,050
10%
10%
71
33%
33%
34%
194
6%
714
436
Jan
July
31%
10
26.08
Jan
30%
39%
Jan
39%
8%
8%
90
Apr
Jan
39%
Jun
114
114
172
15c
Feb
150
5
Jan
9m. July
•
(Del)
common
5%
preferred
514
100
Maine Central RR common
4%
__
28 %
100
.—
Utilities Assoc v
Massachusetts
31%
—0
Copper
Corp
t c—1
85 c
85c
35
5%
5
1,415
105
65
28%
3
•
2%
6
29%
25
6%
60
12c
33
12% Jan
1%
Jan
48%
177
35%
5%
115
3%
1314
13%
227
6% Jan
10c
300
lc
50
Jan
5
1%
Jan
514
—
National
Service
Tunnel
&
1
*
Cos
National
Nehi
Mines—
Corp common
England Tel & Tel
;
.
100
New York, New Haven & Hart RR-100
North Butte Mining
2.50
Northern RR
100
18%
50
1
1%
51c
51c
99
50c
,
1%
42 Va
42%
25
5
8%
•:.7%
;8%
4,650
———.15
29%
28%
29%
950
23
39%
39%
123
33%
12%
12%
11 Va
12'/a
32%
35
?,6%
f
1
'
Stone &
Suburban
Co—
_
Assn.
67c
100
3,580
50c
18
741
26%
26%
70
3014
29%
30%
913
Webster Inc
—
Electric Securities
*
•
1%
12%
1%
12
9%
3
common.*
•
(The)
Co
United
Drug
United
Fruit
35
L—.
Inc
•
Iron
Apr
July
6%
U
cum
S
preferred——
Rubber
Utah
Metal
25
25
—10
*.
&
—1
Tunnel
System
Warren (S D) Co——
*
Westinghouse Electric & Mfg
For footnotes
•
*
Inc
see
page
279.
.
50
1,813
5%
f
41% Mar
Jan
12 Va July
12% May
Mar
35
J
1
•
July
3%
Jan
6%
Jun
i
37Va
Jan
51 Vo
Jun
^
2
Jan
5
Jun
^
;34 V4
Jan
44
•44%
Jan
56% July
3%
Feb
;
,
719
j
,.
<
July
6
»
Jun
78
Jan
15c
100
Jan
B)
Co
19
July
Co
&
Leath
10
100
'
Common
114
920
12%
945
66c
9%
Jan
1% Mar
Jan
10%
303
5% Jan
3%
150
1%
Feb
12%
.
Jun
35%
32
537
179
29% Jan
29%
73%
Apr
j
70
7%
Jan
14 Va July
634
60%
Apr
71
76% July
70%
71%
46
46%
43%
..
45
24c
34c
869
63%
172
42 Va
47
25%
Jan
45
July
23c
Jan
48c
Jan
72% May
11%
10%
11
205
18
18
50
96%
98%
242
7%
16
80%
Jan
Jan
)'
Jan
99% July
16%
13%
Jun
•!
Jan
16%
Jun
-
12
400
2
4%
150
19
'•.'■■v
„
23% May
11%
Jan
4%
Jan
50
Jan
76% July
17%
Apr
20
July
185
July
9%
Jan
16
100
8V8
Jan
12%
Jun
400
5%
Jan
8%
Jun
14
100
4%
Jan
14%
Jun
100% 101
80
96
Feb
50
41
Jan
15%
12
>;I 7%
14
preferred—100
48
,
,
48
%
400
3%
300
2% Mar
29%
30
24% Mar
7%
7%
"8%
6,150
18%
17%
18%
330
1%
5
9%
%
Miller
preferred
&
>.
12
Jun
I
Jan
19%
Apr
;
20%
20%
37
15%
Jan
21%
Jun
26%
26%
50
19
Jan
27%
Jun
!
16%
16%
16%
1,300
-10
Jan
16% July
41% Jun
■'
21
27
41%
•
20
41%
27%
12%
1
f
•5%
5%
>4%
197
13
32%
13
200
-
,
Feb
4%
Jan
9 Vo
Apr
450
8%
Jan
13%
■
-
9
%
-
*
%
>
.
--•
■
*.
50
150
Feb
10%
Jan
10%
*
% May
Jan
Jan
2% May
11% July
Jan
28 Va
36
Feb
43
33%
Jan
49% July
Mar
26% July
1
2%
7,050
11
11%
350
28%
100
22
43
43
10
48%
*
:
;
j
Jun
'
%
28%
Ward & Co common.—-**
Muskegon Motor Spec clasa A—
*
.
,,
Jun
2
j
\
V< May
1%
200
•
Jan
ft Mar
600
%
9
49%
415
26
26%
100
25
2%
<
>
Jun
;• Va
48%
Montgomery
3%
1%
750
8%
2%
May
A* 100
12%
1
May
13
3,000
8%
*8%
27 Va
4%
12%
"
Jan
6% May
4% July
~8%
9
Jan
'Jan
9%
#
5%
12%
...100
,
July
Feb
12 %
11%
t c
2
7%
40
*
v
!
100
..—.—100
A—.—————100
stock
-
!
18% July
2,800
—
Hart—
;• t
1%
prior preferred—i——
10
Modine Manufacturing common.!.—**
Monroe Chemical preferred.
*
Common
Jun
Jun
8%
11%
-
lien——
Jan
3%
29% July
19%
1%
*
;
>
Jan
i
July
48% May
1% July
11%
common—*
Common
Jan
101
'
19%
1%
.5
*/
1
Feb
1%
3%
29%
_*
*
common
i
Jun
8
14%
12
1
^
common.—*
lied
July
63
200
*
prior
7
306
20 V
*
-*
prior
July ;
19
76%
18%
common
7%
•
16% May
Jan
*
Co capital
Utilities—
4% July
7% Jan
t c
common
A
Jan
2% May
19
800
100
Jan
1%
1,100
15%
7
Jun
Jan
10
74%
Corp
1%
i
Apr
11 % May
20% Mar
7
9V«
10
315
22
18%
Jan
100
250
,
Jail
Field
Midland
July
125
2,200
Jan
4%
•
57
Mlckelberry's Food Prod common——1
Middle West Corp capital—
—5
Midland United conv pld—
.—*
|
13%
;
Merch <fe Manufacturers Sec-
Feb
74%
July
302
McCord Radiator & Mfg class A
35% May
73%
22
—50
University com—__5
McWilllams Dredging
18
74%
Marshall
;
10% May
3% July
37
3%
14%
14%
Carbonic common—
Lynch Corp common..*
———5
l
Jan
1
i
525
8%
13
1'%
Liquid
Apr
12%
18
72%
—
Co
Apr
3
•
•
capital
—
Material
Oil Refining
21
1,000
73%
preferred
Line
Jan
19%
15%
*
Lincoln
■,
7%
10
1%
*
Libby McNeill & Llbby common
-7
Printing $3.50 preferred——*
Apr
July
32 Va
1
common..
Cumulative
13% July
200
8%
cumulative preferred
La Salle Extension
July
28% May
23% Jan
v
Utilities 6%
Kentucky
i
Jan
13%
13
Manufacturing Co common..—.1
Switchboard common.
*
Ken-Rad Tube & Lamp common A—*
1.00 Mar
Jan
Co
*
40% July
19%
v
,,
Kellogg
2% Mar
85c
(W
Jarvis
Jr
Jan
Mfg
6% May
Jan
common
Harvester
Fireman
Jan
25
Products common—.—1
Steel
Jan
4 Va
50
434
16%
19%
9Vo May
4%
275
6
40%
13%
13%
—.10
capital
Co
■;V,
9%
6
$1
Waldorf
455
56%
8%
Joy
Apr
108% May
24c
Brick
International
6%
United Shoe Machinery Corp
44 V
Jun
Feb
15
600
5%
'?
J
8% July
Jan
39%
Brewing capital—....
Inland Steel Co capital
Mar
13 %
5
i-
Co—
35
31%
5
Twist Drill
Union
35
42 Va July
30%
6%
250
47%
Jan IV-
9
600
6%
55%
•
•
Dk com
Illinois Central RR common
Apr
ft Jan
&
Indep Pneumatic Tool v t c__
;
Indiana Power & Light common.
Class
Torrington
Jan
'
'
•
*
common
Inc.,
Illinois
;
2% Mar
18 '/a
Dr
Lion
40c
26 Va
25 L
Jan
3%
4,450
41%
55%
10
common—*.—*.
31%
J
50
,;i;
>4%
47%
'•:4
Masonite
Mining
Quincy
Shawmut
-
12%
common
Adv
Hupp Motor Car common
Jun
Jan
86
168
50
RR
Pennsylvania
10c
18% July
529
*
Mills
i
.1
common..———0
Houdaille-Hershey class B—
*
14% Jun
1% July
1%
18%
101%
5%
Feb
20
101% 102%
100
(N H)
Old Colony RRPacific
9c
50
1%
1%
1
;
New
15% July
Printing Co common—
Horders
Indiana
Jan
*
Nash-Kelvinator
Jan
common—
Corp
Inc
Bros
Lakes
Heileman
?
35% Apr
Jan
Feb
Narragansett Racing Assn Inc——1
Mergenthaler Linotype
Motors
Hall
1% July
9
Lamson
10
Foods common.*
Outdoor
Great
9 % May
4% Jan
8%
Kennecott
100
1
Goldblatt
Jun
*
B
12%
Gillette Safety Razor common.
32.78 July
International Button Hole Machine—10
Bakeries class
12%
Goodyear Tire & Rubber common——*■;,
Gossard Co (H W) common
*
7% May
2% Jan
248
32.78
38%
—
27%
1,171
38%
32.78
Hathaway
12%
•
5
General
8% May
19%
10%
37%
—
1
Transport common
Amer
General
6
19
1
*
*
—
1
15% July
.
*
—,
42% July
Jan
5
1
Co
Mfg
General
Jan
19%
1
Gillette Safety Razor Co
Jun
98
Stores
General Electric
Jan
10
General-Finance Corp common—
8% July
117
26%
100
Dredge & Dock.
*
Auto.i——:—:._10
Brewing
(Peter)
General
Apr
37%
250
15%
common
Fox
131
117
115
Capital Corp———
General
59
41-
Util Corp i;
Co
<fe
»
40%
■15%
Inc.—
Drive
10
•
Morse common—i—J—.—*<
Simons
Four-Wheel
77/o May
Jan
•
Association
Public Service —
Jan
42
8%
1_*
common
Group
National
First
—'
130
56
35%
—
;•% 8%
common—100
6% 1st preferred series A
_100
5% preferred'adjustment
100
Street Ry
Mass
.
*
Corp common—
Electric. Household
& Fuel Associates—
prior preferred
preferred
6%
Eastern
*
3% July
Jan
73
—
Elgin National Watch Co
Fuller
Eastern Gas
; j
73
common
Airlines
Eastern
•
100
common
Co
Fairbanks
Jan
3%
4% 'Jan
&
10
common
,
Dodge Mfg
May
6V2
185
17%
Cohn
&
Co
Deere
Dixie
Jun
Jan
16%
—
8%
2%
(Alf)
Preferred
8% May
8% May
Jan
1%
Decker
Apr
10
•»ir
15%
7%
l7/o
9
400
7
7
15
7%
5
—10
160
.',■•!
6%
32%
15
,
*
Co
Range
Copper
•••
7
*
RR-———100
Providence
I
Jun
,
stamped
Common
J
22% July
22%
; 19%
20
{
Apr
•.21%
25
.
—30
10Q
2%
common
•'<!
.
Maine RR—
&
July
f
9Va May
3%
;
•800
■
1% May
46% July
5,300
..1
10 >• May
Jan
Jan
413
.
Mar
18
..
67%
1.150
25%
26%
46%
85
16%
Mar
83
38%
500
46'/a
83%
46%
10
25
cumulative preferred
•7%
Curtis
11%
5%
.
common
Packing
18%
11%
*
Crane.Co common.
Cudahy
•
19%
Jan
6
800
10
49%
*
common
-
.;
108% 111
56
Feb
111
-
1
part shrs——.50
Corp of Amer common
20
Continental
200
29
July
79
Vtc pfd
Container
29
108%
common
"
Co—
10% July
Jan
18%
19
•
Jun
Jan
20%
*
Edison
4%
3 Vt
-'5%
* 9%
*
Jan
50
310
1%
_•__.
16% Mar
4,250
9%
common
15% July
Jan
4%
*
common
Co.
Jun
12%
10%
50c
Light pfd
3% July
r
Jan
12
9%
%
-
:1%
;
4%
27 Vo
...
Convertible preferred
Service
4%
"%
Chicago Corp common
Cities
50
1
common.—
Chrysler Corp
700
...
com
West Util
Power &
Co
1,050
16%
10%
—•
Cherry Burrell Corp common—
32% Jun
7%
100
pfd
Inc
Son
pfd
—i.
Consolidated
Bigelow-Sanford Carpet 6%
86
Serv
preferred
South
Central States
Chain
10
50
Pub
.
3%
15%
16%
30
Illinois
&
3%
15-
—10
common
Preferred
30%
8%
M)
'
■.
.
*
10
——
„
(A
Convertible
155% 156%
156 %
*
Anaconda Copper
10%
Jun
19% July
Jan
3%
common———1
Ring
Co
&
■
common—-——--•-I—5
cumul conv preferred—
Central
27%
100
& Tel
Woolen
American
/
Prior lien preferred—
High
30%
100
Sugar Refining
:
Illinois Securities common.
for Week
of Prices
Sale Price
STOCKS—
(.
.
Central
Sales
Week's
Last
•V
,:
Central
lists
16 both inclusive, compiled from official sales
July 10 to July
' (
preferred:.———;—1".
Brothers
5%
f
A
Piston
Castle
Exchange
Wire—.
1
(E L)
Butler
Boston Stock
&
Common
Bruce
Boston
Apr
39% Mar
Jan
34
840
38
>7%
:•
5%
50
8%
"
37%
July
19% July
3%
3,300
9%
5
-
July
7
,
% Jan
100
8%
Corp.—'
Aviation
&
common
38
Mar
14%
1JJ--/4
0
Co
Apr
1% Mar
14%
5
*
10
A
common
6
"
Jan
%
250
156% July
21% July
2%
:::'• 100
July
111% July
-
Jan
32
500
6%
•77 5%
.
200
38
42%
Jan
90 %
128%
'1%
'••
3
18 Ve July
50
184
6%
__L—.1
Jan
100
38 V
:
12%
4,200
<:T%
'
; 13 Va Mar
'
Bonds—
Baltimore
&
—
common.
common
Manufacturing
Berghoff
39% July
Borg
Bird
Co
capital
Apr
Jan
5%
'.
July
6%
11
:■
21%
.5%
>••
13
Jan
1,240
42%
217/s
Bastian-Blessing Co common...::
% July
99%
Jan
5%
••
56% July
Jan
2%
250
:
155% 156% -v
1
Jqn
6
350
7- 111% 111%
w*
common
Investment
&
Bendix
37%
38 Va
A.
j.
41 Va
1,800
Apr
50c
Jan
.100
62% Mar
;
Jan
93
25
99%
Jun
Co
common
Aviation Corp
Barlow
Mar
35c
300
50c
50c
99%
4.00
;
Co
Mfg Co common.;
Truss
Automatic
May
84
22
600
28%
27
j Jan
77
202
81%
27%
1.80 Jan
4
3.85 '
3.85
50
Co
Equipment Co
July
Jan
Mfg
&
Jan
400
18
-^42 'A
Service
Tel
51 %
*
127
r
5%
:?
,
High
Low
259
13%
\: 17%
•
Public
Chalmers
10
22%
17%
common_«.i»*i_
Allis
50
480
•13%
_
_
American
50 -•
26%
common.
American
38% May
Jan
20
Bearing
13
.5
12%
-I,
July
Armour
:
20
—.5
56%
11%
13
62%
56%
"~25
common
Castings
■
'
July
42 Vo
Jan
Laboratories
70
81%
,
Range Since Jannary 1
Shares
High
62 Vo
July
142
Mar
—
Ry
July
63
10
—_2
1
50
Casualty
Amsterdam
New
•'?
,
50
*00
——
Jan
Ball
10
26
6% pfd vtc.—25
Vernon-Woodbury Mills com—100
Co
Aluminum
Asbestos
26
Gas
Low
•
common
common
&
Aetna
Athey
Houston Oil of Texas
Mt
Advanced
Co
Oil
50
10
— 100
—._100
——
Realty Co 6%
Jan
35%
112
10%
31
preferred
Guilford
12%
125
60
142
& Fla lsc pfd——— 100
of Amer A
Co
Finance
Jan
Steel
Allied
42
41%
Adams
57%
30
142
141
Co.———20
Corp——10
Deposit
&
Fidelity & Guaranty Fire
Jun
9
399
63
63
& Power com.*
Gas Elec Light
Consol,
Mar
2.95
Jan
Acme
10%
10
100
preferred v t c
19
1.00 Mar
■
275
2.25
2.00
Abbott Laboratories
A 16
441
18%
18
vtc—•'
common
•
for Week
of Prices
Sale Price
Par
High
LOW
,
sales lists
official
Sales
Range
•*
—-*
—
8TOCKS-
Range Since January 1
High
Low
Par
from
Week's
Last
Shares
of Prices
compiled
Friday
for Week
Range
Last
Sale Price
8TOCK8
both inclusive,
July 16
to
Sales
Week's
Friday
10
July
from official sales lists
16 both inclusive, compiled
July 10 to July
Monday, vjuly 19/ 1943
4
CHRONIC]
THE COMMERCIAL & FINANCIAL
8%
Jan
Iuly
July
t
j
,
,
Volume
158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4195
-
275
OTHER STOCK EXCHANGES
Week's
Friday
:
Last
■
•
STOCKS—
Low
Par
National
Standard
Noblitt-Sparks
North American
Northwest
Industries Inc cap
Car common—!—
Airlines
Inc
Prior
■
lien
Omnibus
I
Corp
'
Parker
«
Pen
Co
•
Penn
Electric Switch
Penn
Gas
■'
I
"
Circle
(The)
'57
14%
Apr
10%
Jan
23% July
14% July
9
Jan
Jan
99
i
300
7 V4
*
4%
400
>v' 4% />
1,650
24
17.
'i
.
Jan
8 Vo
City
Ice
Rolling Mill
Fuel
&
Columbia
Timken
70
Jan
61
285
34
34
23
Oats
Co
Frefevred
£
common
———
88
%—100.
——
0
'
*/2
Jan
46 %
Jan
61
July
Jan
May
34
Jun
4%
Jan
12%
Jun
6%
Jan
13%
Jun
Manufacturing common——10
Hosiery Mills common——4
92
Jan
40
147%
Feb
1.25C
2%
Jan
3%
19
19
■V.70
14%
1,050
1%
Jan
3
3%
Reliance
Rollins
154
11%
—
19
6%
Sangamo Electric Co common——_*
Serrick
Corp
Jan
7%
49%
7%
234
4%
Jan
49%
100
41%
Jan
7%
*
14
155
Mar
Mar
5
14 Va July
3%
Jan
5C
Mar
City
Ice
Clark
&
Apr
19% May
6Va
Jun
Fuel—
Preferred
Cliffs
Iron,
Elec
Corp
preferred
Ilium
$4.50
common
Tire
&
Goodrich,
B.
Goodyear
Interlake
Jaeger
South'Bend
Steamship
Kelly Island Lime &
May
Lamson
&
July
Medusa
Portland
3%
800
Mar
4 %
Jan
16
400
9%
Jan
16
33%
70
23%
Jan
34% May
13 Va
8,700
10
Jun
13 Va
20
Southwest Light & Power preferred—*
100
100
Spiegel Inc. common—-.—-~j.—-2
St
Louis
Nat
Stockyards
20
July
20
6%
48%
-
650
100
6%
6%
capital———
20 %
83
Feb
100
3 -Vi Jan
300
42
150
48%
27 Va
7V8
Jan
50
May
July
Apr
Juiy
Jun
Mar
'
Standard
Dredging
common——,—1
Preferred
Oil
Ai,t<tiihtid
oi
maiana
Sterling Brewers
Macnine
Swift
&
Swift
International
Texas
Co
(J
United
U
&
38% Juiy
4Va
1,000
IV2
Jan
7
Jan
14 Va
Jan
18% Mar
4Va July
Tr
1,000
14Va
26%
:
•
285
15%
27
2,650
22%
Jan
27
J*un
34%
29
Jan
35%
Apr
330
Jan
53 %
July
14%
150
8%
Feb
14 Va
July
13%
200
8
Jan
5
24%
24%
300
15%
13% July
25 % July
•
83%
85%
846
79% Jan
86%
71 Va
73%
150
59%
Jan
Refining,
Van
—
new
52%
capital
capital
Transp
5
32%
632
16%
Jan
59%
1,450
47%
Jan
119
112 Va
Jan
»
...
34%
395
30%
Jan
24%
17
187 a
Jan
54
15
12 Vb
15
34%,
•
18%
Youngstown Sheet & Tube.—_—<■
a41Va a41%
a42% a42%
Jan
National
Mall
St
Cast
a37% a37Vo
__Sl
New
York
Ohio
Central RR
Oil
*
common
a 2 j.
%
28
25
4%
1,200
482
20%
59 %
Jan
28
al8%
Republic Steel
U
S
18%
'•
9V»
3%
:-»U.' .'
common——*
Bankshares
10
3%
3%
•
8Vs
8V4
2
5%
6
•
common—
common
Jr)
capital
Co
capital
Corp
—
68%
5
18 &
„
4
Corp
8V4
6%
Co
124
a59 Va
5 8'/a
Jan
70 Va
Ford
Co
7Va
150
4%
Jan
Inc
19%
Jan
10%
6Va
Jan
27%
29 V4
1,850:
24%
Jan
59%
64%
370
45 Va
Jan
63%
65%
815
56
Jan
8V4
1,815
10%
780
65%
8
8
39
39%
r
6%
11%
4
Jun
31%
Co
(The)
July
769
9 V2
Jan
July
Apr
DETROIT
10
to
July
16 both inclusive,
9%
675
6
Jan
20%
500
18
Jan
24
May
13 Va
13%
1,200
Jan
15
Jun
13%
5
1,900
10%
Jan
20
May
29 Va
29%
•
19
30
1,923
15%
Jan
30
July
38%
26%
Jan
2,325
9%
3,950
5
14
Jan
39%
268
18%
177a
19
11V4
11%
Republic Steel Corp common
•
20 %
19%
20 y4
4 1,750
Standard Brands common
*
7%
common
.
40
July
Jan
19 V*
May
>■: Jan
12 V4
May
20Vt July
.
7%
7%
2,020
4%
Jan
59 Va
480
46%
Jan
59 Va
July
common
capital—25
1
58%
Studebaker Corp
12
12%
683
5%
Jan
13%
Jun
Co
common
10
43%
45 Vt
361
25%
Jan
45 V4
Oil of New Jersey
18
1-
Yellow Truck & Coach class B
134
I8V4
12%
Jun
8
Jan
18 V4
July
July
Allen
Electric
Atlas
Drop
&
Forge
Mfg
Adding
Continental
Crowley,
Motors
Milner
Detroit'
&
Detroit
_
...
Stove
Corp
...
16 both inclusive,
compiled
Friday
Week's
Last
V
STOCKS—
v
-Vy'-.:
of Prices
1
IOV4
10%
Laundry Machine.——20
J;
27%
27%
Range Since January 1
210
64
__
*
—
—
—*
Crank——
11
5
—
Cincinnati
Street
Cincinnati
Telephone
Cincinnati
Union
96%
50
•
21
Jan
27%
Jan
5
July
23% July
Kinsel
11
125
"
.
9%
21
12
12
Feb
81%
100
9%
20Vs
Jan '
2%
Jan
84
v.
30
263
v
'
Feb
60
•••
,
7%
Jun
July
&
Kingston
class
class
'J 34
98May
,
91
;
Jan
A—
Wines
•
*
Magnavox
July
9
Jun
,..74%. July
Jan
9 Va
Jun
McClanahan
Preferred
Motor
16%
Jan
35
Pumps
S.
class
—*
A—
Printing—
footnotes
22
^
;
56
'
——10
page
279.
V,•
—
————
see
10
17% Mar
43
15
37
31%
.
4%
v
23%
4%
4%
3
—
Western Bank
For
12
19
3
22%
:.
Jan
20 Va
30
Jun
Mav
Wheel,
Murray Corp
Packard
Park
35%
3
1%
Jan
Va
17
May
Jan
9
May
2
6%
Jun
Jan
70c
43
Jan
Peninsular
July
Car
7 1%. Jan
Feb
Jan
1%
83c
j 400
53c
Feb
47a
320
14 V4
2,265
500
4
100
65c
100
3%
4Va
1,160
1%
3,100
9 %
•
Jun
Mtl
Motors
*
-
-
17a
49c
2 Va
Jan
Prd
v
•
10
107a
•
41/4
3%
*
4
75c
July
155
17
Jan
7%
1,788
3
Jan
7% July
Universal
"
4%
37
4%
Jun
5%
Wolverine
22 Va
July
Jan
Cooler
class
Brewing
B.
common
3 Va
.
Simplicity Pattern common
Udylite Corp common
Jun
Jan
1 Vi
May
7'A
425
674
Jan
5%
100
4%
Apr
6%
106
10%
Jan
16%
Jun
17%
100
11%
Jan
18 Vt
10%
107a
530
57a
Jan
11%
Apr
Jun
4%
3
1%
47a
825
3%
2,900
31%
614
2%
174
Jan
Jan
Jan
28
76c
Jan
7% Mar
5
Jun
May
3 % July
32
May
1% July
17a
1,650
2 Va
258
1 %
Jan
2V» Mar
9
150
4
Va
Jan
10'4 Jun
3%
31/4
450
1 %
Jan
43/4,
250
27a
Jan
4% Jun
274
2%
200
1V4
Jan
3%
—
—
1
1
...
...
_.l
■
•
Jun
3
3
3
110
Feb
2V< July
3'4 May
2
—
—
Apr
2V4
47a
Sheller Manufacturing common- „.1
Jun
•
common
1% July
28c
Jan
9
——
1
3
Paper
62c
Jan
Jun
Apr
July
2 Va
1%
.1
...
,57
•
Jan
1%
4 Vg
Apr
16%
31%
—.1
_
—
River
6%
1
13c
83c
Jan
17%
•
common.
1,296
7%
_
c
1 Va
175
Apr
13'/a July
11% July
5%
—.5
common
t
1,900
2
19
""
Feb
Jan
May
6% July
Jan
51c
July
16%
_
_
24c
1
1
.
_
4% May
Raisin
1%
2
«
Inc
I
75c
Jan
4%
Jun
May
2'/a May
Jan
104
11%
Jun
May
3 V4
Jan
13 Va
74c
56
Jan
V 5,200
Apr
35% July
4 '/a May
Jan
19
23c
1
...
Reo
%
1
..1
common
Prudential Investment
48%
6%
1,750
"4
16%
Jan
Jan
875
Apr
July
4
44%
1%
4
4Va
common
common.
32% May
6
-
5
22 >4
Jan
2
686
65c
•►•A
2
...
_
25
.
Jan
Jan
35
200
72c
-
p
Feb
.
Jan
3 Y-i
160
4
7Va May
4% Juiy
1 Va Mar
650
56
Jan
13 VA Mar
■77 200
11
-.1
common..
Motor
Parke, Davis
4%
22
v
13 Va
11
1
Feb
429
1
3
17 Y*
100
17a
6
19
1
—
.
Chemical
20 % July
-
..
24%
.
Apr
4
6 V4
—1
common.
20
,130
Apr
Jun
15
15
66c'
66c
•
common
Products
150
'
1%
15 V4
Jan
43/a
175
1%
r-
2.50
.
common
889,
-
56%
55%
17% May
20
Jun
Co
.
Mlcromatic Hone
13% May
'
;
Jan
200
16
Apr
Jun
Jan
200
8%
30 Va
1%
883
17
Apr
9%
"
Oil
22 % May
20Vi
30%
-
17a
—5
__
Michigan Die Casting
Michigan Sugar common
Jan
27%
22%
-
23%
4
Jan
12
1,718
27o
—lu '
.1
...1
..
...
Masco Screw Products
Jan
43
2,50-• r-'--— --j
Procter & Gamble.-—
U.
31%
-
.
common-
7%
20Vi
>
43
1
_
Corp.
common
" 5
34
284
420
557a
-
common— —10
common
*9%
27%
•
^
*
—
fCroger
Randall
-r
—
Bearing
38
19
——•:
———————1
Lunkenhelmer
National
34
A
Art
Hilton-Davis
Hobart
*
—
7'A May
2
4
-10
common
Products
Drug
Motor
Insulation
...
_
common.
61
C
Jan
Va
3% Mar
7%' Jun
]?,
Co
Mfg Co
LaSalle
5
281
1,383
i.
Hoskins
Jan
8%
v,
„
Brew
_
Hudson Motor car, common
Hurd Lock & Mfg common
1%
70% -74%
9%
—*.
—10
—
91
8
;; 10% Mar
.
17%
213
97
90
74
Stock Yards-.
Crosley Corp
96Va
!
—
50
v
.
3Va
8%
20
—1
_
25%
High
Jan
50
11
3%
Valley
Lamp
314
5
23%
10
—
Cincinnati Gas & Electric pfd—100
Cincinnati N. O. & T. P.
23%
.
5
Va
v
Hall
Hoover Ball
Low
High
4% "
5
Brewing common
Graham-Paige common
lists
Grand
IOV4
Paper & Fibre—'———*
4%
1%
...1
_
_
Goebel
Shares
*
Low
__
4
21
500
35%
common
676
2
'
Sales
.
Paf
Industries
l;!
A
common
Motors
7 Va
for Week
Range
Sale Price
.
class
Finance
General
8%
37a
16
...1
Jan
7; 100
6
_
_
May
57a
1,640
5,251
8%
—5
—
Co
8%
High
1 Va
■
3%
3%
5
Low
200
221/4
17
General
sales
official
from
Mfg
37s
Range Since January 1
'
21%
_
Eureka Vacuum Cleaner
Gemmer
4Va
r-Vv
22
1
common-
15
6%
.1
•
..20
1%
14%
15
4 Va
_
Nav common —JO
.
lists
330
7'/4
30
141/4
:•
7
*
common
Detroit-Michigan
Detroit Steel
—1
^
Cleveland
141/4
15
_
common
Edison
1%
*
—
_
8%
297a
.1
_
.
_
1%
7
29%
.
Machine
Paper
Shaies
High
7%
.5
7
__
Brown-McLaren Mfg Co
Burroughs
.
_
sales
for Week
1%
•
_
Co
Consolidated
1
_
common...
Baldwin Rubber common
Brlggs
_
Low
official
Sales
of Prices
Par
;
Equipment.
Federal Mogul.—
July 10 to July
Range
Sale Price
■■■% 'V
Frankenmuth Brewing common
Gar Wood Industries common
Cincinnati Stock Exchange
from
Week's
Last
Apr
18 Va
•
common
6%
9%
compiled
Friday
39% July
9Vs
11%
Gibson
Curb Associate
Chicago Stock Exchange
May
20%
•
Fyr-Fyter
Feb
Detroit Stock Exchange
Apr
64 %
,<••>•
Jan
30%
1,450
Radio Corp of America common
Formica
51%
Jan
Telephone: Randolph 5530
•
*
*
Eagle-Picher
49%
37% July
1
capital
Ball
Apr
71/4 May
610
•
common
Corp
Pictures
Cincinnati
New York
Building
Mar
1.0%
*
Central RR capital
Churngold
19 'A
Members
Exchange
STOCKS—
Burger Brewing
V4 Mar
Apr
28%
1
Interlake Iron Corp common
Champion
14
35
Watling, Lerceen & Co.
Jun
Jan
195
?
Jan"
3 V4
<
•
*
common
Curtiss-Wright
f
July
4% Mar
5 V4
400
50
com
Copper Mining
Aluminum
Mar
80
246
July
37%
35%
Atchison Topeka & Santa Fe com—100
American
20
Feb
i
Stocks—
Rubber
Jan
July
400
-v
.
70 Va
7
36%
•
common
American Radiator & St San
S.
..
9%
60
July
Feb
U.
i';,
320
a57
Steel
'
Standard
July
100
a20
al9% a20V'b
25 y4 July
Jan
a
al9
_.<■
,y! 1%
Oil
Jun
34%
Feb
20
a39 V4
a21% a21%
*
common
common
150
Pure
23%
65
4% May
27%
—_•
common
Oil-O-Matic
Industries
Pullman
May
July
33
a39
common
Detroit Stock Exchange
Paramount
12 Va
19a/a
....
50
General Electric
10
York
May
May
2 %
Unlisted—
Cleveland Graphite Bronze
common.-,. 1
Firestone T & R common—
10^
Jan
New
7 l/a
90
49
5Va
Nash-Kelvinator
Jan
11*4 Jan
652
a21
550
Inc
L)
Jan
50
Va
170
a21
New York Stock
(Glenn
8
190
a).23/4
a437e
Apr
50
White Motor
397a July
Martin
Jun
18% Mar
Jan
10
98% July
Electric
July
7
Jan
1
125
Jan
General
Feb
Apr
15
Jan
65
459
Jan
Steel
35%
25
Jan
~3
18%
26%
Bethlehem
.
80
807a
Anaconda
Vo
4
300
12 Va
'
a 44%
63
Unlisted
9
14%
145
2V4
34%
•
95
Mach
407o July
■
1,650
6V4
88
Vo
18
i
177
Radio
Mar
100
80
Works
39%
Yates-Amer
.
33
150
Corp preferred—100
98%
Zenith
'
^
300
al2
'
July
•
610
6'%
17%
14%
•
a!2%
III25
of Ohio.
Iron
West Res Inv
25 »4
(Wm
60
50
181
6
»
—...
38%
Wrigley
Jan
25
a41%
87
I.;'.
—
97 Va
Wisconsin
163/a July
152
2
5
Union Tei common——-.100
Woodall
Jan
135
6V4
12 Vo
Westinghouse Elec & Mfg common—50
Williams
■7 '
"
—I—_1_1
123% July
2
4Va
•
common
Stores
Apr
10 »/4
3,276
Jun
56%
__
1
common
Jan
30%
58%
—100
42
384
121 Va 123%
„
*
preferred
Wayne Pump Co capital---—1
Wieboldt
71
73% July
32% July
Utah Radio Products
Western
Jan
1
60
17%
■
——
—
Oil
Dorn
Apr
59.
825
16%
^1.1—0
Bros.
Standard
15%
6
Electric
Richman
15
al4% al47a
Patterson-Sargent
Reliance
Jan
'
_*
.
Packer Corp
67%
14
-V.r;.;'
—_I
Cement
preferred 6%
10%
775
33%
,•
National Tile
Jun
13%
53%
common
Co
Jan
13 Va
—
Carbon
Co
cumulative
Walgreen
28 V4
14%
Lines
Air
Steel
S
7%
917
52%
25
Union
Carbide
38%
34%
26%
—
common.——.2
(The) common
Gypsum
2Va Mar
common—__——.20
R)
Transcont & Western Air Lines—
S
Apr
13
15
25
U
16% July
%
4
15
capital
Corp
Thompson
Trane Co
July
Jan
10
13%
15%
25
capital
3
Jan
250
lVa
36%
5
capital
1%
7,300
16%
1 %
37%
common—5
Tool
3
15%
—
1
Inc common—
Stewart Warner Corp common
Suiiasirana
-
25
capital
2%
7-—;; 7
i
20
Standard Gas & Electric common—-i."
Prior
Mar
83
14%
60
a26 tb a26 V4
34%
Murray Ohio Manufacturing
National
a
High
Jan
24 Va
*
Sessions
Low
55
a40
*
——
Range Since January I
a40'/a a42
a41%
;
21% Mar
20
Jun
49% July
lists
a24% a25
—
1
Laughiin-
14
3
y,
a24 %
IIII*
Rubber.!
&
85 %
Works capital—_5
Lathe
8
26
all3%all3%
■
16%
Co.———25
Machine
&
14%
65%
-■!_
5
_»
Jan
11%
12%
55% July
40
60
60
Rubber
Tire
Shares
a20% a22
V-
67%
pfd—V-*
F
Jan
Jan
a
'
sales
High
60
^.
♦
—
official
a30% a31%
Electric Controller
7%
15%
ii——30
Corp..——— •
Jan
for Week
Range
60
—III
Cliffs
59 Va
32
Signode Steel Strap common—_L__*
Sinclair Oil
2
Sales
of Prices
•
Controller
Cleveland
from
Week's
*
Low
,—100
200
19
inclusive, compiled
Sale Price
Canfield Oil
1,020
100
both
Brewing Corp of America..3 '
12%
21%
16
Par
85%
3%
Jun
44 %
STOCKS-
12%
3%
Apr
5V»
231
Last
General
150
"■
6%
21%
—.
capital—
*
class B common——1
14%
150
Bearing
82%
—
.
1
capital—
Co
&
Jan
4%
55%
.
Cummins
Sears. Roebuck
10%
4%
55%
•
Friday
Jones
Schwitzer
I6V4 July
Cleveland Stock Exchange
Jun
22
230
,
Mfg Co. common-.——50o
preferred-————
5
6%
88%
152
—
Raytheon
High
Jan
10
1% May
325
12%
"
6
10%
*
Roller
Cleveland
Quaker
14%
••17 V2 Mar
■cy.
33
..
50
12% 'J
14%
Jun
277
12
12%
■>
May
86%
Jan
ft
30%
12%
493
Brands
Mar
5
Feb
14 Va
723
--
16%
,_L
Motors
Standard
Low
15%
Gas
General
Range Since January 1
High
25
May
24
Feb
50
i ' %."'
59%
*
2%
.150
17%
29%
•
14% Jan
140 2
84
.
%
.
Low
Shares
20% Mar
56
50
83.
—
—
*
July
1,000
200
4
6G%
L
19
American
July .10 to July
30%
Co.
Jan
19%-'..
23%
50
common
Jan
8%
14% May
8% Jun
Par
I
84
t——1
Car
23%
37% July
37% July
91% f":
7%
—100
Poor & Co class B—
Jan
17%
—
•
26%
89%
—
Y
Jan
450
V
4%
v
of Prices
Unlisted—
>.
■; ■
„
I
Jan
342
14%
—
./
Pressed
Steel
23%
14Va
19%
A—-——10
A
21%
High
9%
Sales
for Week
Range
Sale Price
200
*
-
—.'.
-.——100
fexuisyivama
KR capital
Peoples Gas Lt & Coke capital
Perfect
;.•/
5
common
19
■
10
B_
class
Electric
37%
18%
14%
_6
common-—--—
PeaDody Coai common
6% preferred
&
1
.
36%
-J'*-/.
—
■;
37%
/.
."';V
common
'.j-
.
\
36
187s
•
——100/
preferred-—«_!•',
'*
•x
100
36 Va
5
common™
8.% -..8%
8%
—
20
Northwest Bancorp common.
J,——_*
North West Util. <7 V« pfd————100
521
.
Week's
Last
Range Since January 1
Low
14%
...
10
common
Friday
STOCKS—
Shares
High
13%
Cylinder Gas common——1
National Pressure Cooker common
2
National
Sales
tor Week
Range
of Prices
..Sale Price
-
-
2
2
200
68c
Jan
2% May
1,000
2c
Mar
''
-
3c
•/
3c
3c
2V4
7c
Mar
'
h"<
h
,»
THE COMMERCIAL &
Monday, July 19, 1943
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
37/a
3%
4
2,980
4%
4%
5,220
3%
Jan
5
1
4%
11%
11%
11%
100
7
Feb
12
*
1
1%
1%
1%
1,000
2
1.85
1.80
1.85
590
Blue
1
1.90
Co
Furn
Corp.————:
Diamond
Chica Oil common
Bolsa
*
*
—100
Corp
common
Central Investment Corp
Preferred
America
■;
10%
10%
892
Motor Car Corp.—
Petroleum CorpCo
44%
Jan
55% July
5
Jan
7% July
Mfg
Devel.—!
<te
Corp Ltd.
Gas
Corp
Finance
Pacinc
6 %
common
Electric common
&
preferred—
1st
Pacific Lighting Corp common
Oil
Western
Pacific
Corp_
Shell
Jan
85c
May
4%
Jan
10 y2
35c
46c
11
11%
46c
10%
10%
1.35
1.45
35c
Pacific
Oil
Standard
California
of
.
Yosemite Portland Cement
65c
July
8c
Feb
1,000
9c
Jan
36c
May
300
35c
Jan
60c
May
4%
100
6%
Gold
Unlisted
15
Mar
10
;
Rad & Std Sani Corp
Amer
Smelting & Ref Co_.
141-
29%
564
23 %
Jan
American
Vicose
Anaconda
Copper Mining Co—
Co
(111)
159 •
30%
Jan
43
43
266
34%
Jan
43
-
6%
1,890
11%
5%
2,943
6'/a
11%
1.15
1,305
~4%
4%
4%
r,250
a45%
a45%
45%
.
11
3%
Jan
95
35 %
Jan
45
32
Jan
42
90
20
Co—
Corp—
Locomotive Works
Barnsdall Oil
*7
Pacific
Columbia^ Gas
Commercial
Ry Co
Preferred
United
Corp
2%
Jan
7%
4%
4.329
3%
Jan
4% Mar
;>
30%
4,305
23%
Jan
19%
19%
3,595
16%
Apr
19% July
25%
3,643
23%
Apr
25%
Jun
:545
13%
Jan
26%
Jun
204
14%
Jan
22% May
22%
Jan
30% Mar
23%
24%
•V
20
29%
29%
50
7%
8%
110
2%
Jan
40%
42%
230
38'/a
J&n
43%
53%
55%
89
48%
Jan
63% Mar
3%
100
2
Jan
4% May
■.
10
22
1%
338
common
1%
jrr
.
0
Improvement common.
Ex-stock distribution
u
10
2% July
Jan
2% May
17%
Jan
34% July
5%
Jan
10
32
2%
20
.
593
34%
2%
2%
9,590
1%
22%
22%
50
21%
July
2%
Jun
22%
_
Westmoreland Coal
Apr
1% July
Jan
395
1%
33%
9%
27
Feb-,
Feb
2,000
%
<i
_
8% July
Jan
%
1,635
2%
2%
....
-
..
25
25
*
Corp
Gas
Apr
32%
29%
25
....
$3 preferred
United
Jun
25%
1%
25
common
Jan
26 '
Jun
May
Pittsburgh Stock Exchange
•
■;
,;A-\
Last
.
Sale Price
STOCKS—
Allegheny Ludlum Steel..
July
Arkansas National Gas Co common—4
800
4
Jan
7% July
36
36
100
a35%
35%
29%
1,957
763
Jan
36
.
July
35% July
16
Jan
Jan
39% May
1,000
1%
Jan
79%
1
53 y4
Jan
Co
Blaw-Knox
V 5
(A M)
Byers
common
Gas &
Columbia
Harbison
a79%
9%
2,148
6V4
a24%
24%
25
19%
21%
22%
12%
13
20
20%
9
National
Pittsburgh Brewing common—;
24% July
May
Jan
22% July
8%
J8n
13
20
July
20% July
July-
3
Jan
5%
6
:
'
4
Mar
6%
Jan
Fireproofing
4c
Corp
Pittsburgh Plate Glass
Pitts Screw & Bolt Corp
Steel
Springs
—-
—
5%
*
1
5
*
Pittsburgh Steel Foundry common
Shamrock Oil & Gas common
Standard
—
•
Air Brake——.
3%
—
5%
177/a
17%
50
10
Jan
569
2
Jan
4%
13%
160
3
18
8,475
10
99
73
Jun
17% July
5% Jun
8% Jan
2%
18
Jun
11%
Jan
1% Jan
Jun
1% Jan
13% Jan
92
Jan
8%
7%
45°
2
94%
- 5%
9
2%
8%
2
94%
22%
23%
July
July
Mar
9%
■
July
96%
Jun
6%
Apr
4% Jan
3% Jan
4,500
105
9% May
3% Mar
2% Jan
7% Apr
230
15% Jan
24
Mar
2
1
Jan
84% Jan
100
Jun
7% Mar
95c
Jan
25c
280
6%
9
3'/a
8%
3
18
100
8% July
5% Jan
431
224
2)152
108
(2
9%
7%
13% July
9% May
24% May
Apr
5,000
%c July
2c
Apr
2,100
%C
%C
4c
3"%
200
—
10
15%
300 f
Supply—
Fuel
Jan
658
200
Mountain
6
98%
10
—10
*
—a*
25
*
Gas
Lone Star
86
370
4%
2%
100
Koppers Co preferred
Mar
2,948
3%
3%
Jun
5%
250
5%
10%
13%
—
1
Walker Refractories———*
31%
18% Jan
30%
•
5
—
„.
Brewing-
Pitt
<
High
Loxo
High
4%
.
January 1
Range Since
Shares
10%
<
,.
—
Electric
Brewing
Duquesne
Fort
—
__
77% May
.
for Week
30
30
*
———
30 % May
28%
39% '39%
5
31% Mar
30% July
32% Mar
34
27%
J.an
Feb
33
:>4 613
Jan
28%
47G
30%
Apr
21%
30
2,070
24'%
31%
30%
Sales
Range
of Prices
Low
Par
July
25
Week's
Friday
July
from official sales lists
16 both inclusive, compiled
July 10 to July
4% July
31%
10%
3c
4c
July
11%
Jun
..Apr
6%
300
10%
43%
a
43%
Jan
41% May
100
131 %
392'
155%
156%
47%
160
-
Solvents
34%
Jan
Corp
continental Motors Corp
Oil
Continental
(Del)
Co
Inc
60
29%
Feb
10
305
6%
Jan
4%
300
2
Jan
1,200
145
6%
7%
664
4%
Jan
7 Va May
36%
56
29%
Feb
35 % May
8
315
Jan
1 %
July
20%
%
Jan
7
May
Apr
9%
St. Louis Stock
Apr
30
8%
100
8%
a42%
43%
a41
42
39
34%
41
39
Apr
1%
Feb
32%
Jun
412
830
425
*
a62%
627/a'
*
a49
6% Jan
Jan
30
5%
Jan
36
Mar
16% May
35
Apr
Jun
Coca-Cola
8%
Manufacturing common-.
Bottling common
Mar
36%
Feb
48
July
Dr
745A
10 %
Jan
20%
Apr
1
11%
11%
330
9%
Jan
14
Apr
16'A
17%
955
10%
Jan
17% July
19%
19%
220
12
Jan
19% July
4%
4%
1,170
2^4
Jan
l
a29%
29%
5
15%
Jan
27%
Jun
Huttig S & D common
50
a29%
30%
100
24
Jan
31%
Apr
Hydraulic Pressed Brick
18%
18%.
248
12%
♦
_
Inc
Pictures
55
326
18%
«
Pictures,
Apr
50
■—+
Inc.
Co
Company
54
Columbia Brewing common
18%
1
Inc—,
Pennsylvania Railroad Co.
Oil Co
-p
*
11%
20
20%
Co
*
85%
85%
Soconv-Vacuum Oil Co
15
Corp. of America
Steel
—
Corp
Roebuck
&
Southern Railway
Standard
Standard
Oil
Co
19 %
Jan
12% May
Jan
20% July
59%
Jan
85 %
July
10%
Jan
15
50
16%
Jan
29%
7%
7%
440
4%
Jan
a58%
59%
175
47%
♦
a9%
9%
100
7%
Feb
*
-
J)
Stone & Webster Inc—:
~V/2
Common
Johanscn
Water
Assoc
Carbide
&
United
Aircraft
United
Air
Oil
Jan
8
Apr
Jun
57% May
7%
Feb
5%
Jan
13
24%
Feb
25%
Apr
Rice-Stix
230
42%
Jan
49%
Jun
St
14%
15%
1,580
9%
Jan
a83%
85%
152
84%
Apr
84%
Transport—
37 %
37%
262
27%
Jan
39 % May
__5
a30%
31%
41
18%
Jan
27%
1%
100
hi
Jan
(Delaware)
United States Steel
Warner Bros
60
200
53%
1%
Corp
Lines
Corp
12
26%
a52%
*
Corp
Corp
Pictures
Inc
Westinghouse El & Mfg Co
Willys-Overland Motors Inc_
(F
W)
*
58 y4
59
763
<.—5
15 %
15%
405
.50
a98%
98%
90
8%
310
.
1
Iiq.
8%
a41
41
20
40
15%
Jan
22%
23 %
23%
130
17%
Jan
23% July
10%
10%
50
7%
Jan
10% July
;
preferred—100
Shoe common-
•
——1
85
48
7%
82
2%
36
May
15% July
Apr
Jun
2% May
Jan
59
Jan
15% July
Jan
82
Jan
Mar
——*
July
comriion
♦
common—3
St Louis Pub Service common A—1
Scruggs-V-B Inc 1st preferred
-100
2nd preferred
100
Scullen Steel common
*
Louis
Dry. Goods
Bank Bldg Equip
Sterling Aluminum common
Stix. Baer &• Fuller common
—-1
18%
15
St Louis Pub Serv 25-yr conv
inc__1964
Electric
19
19
Apr
65
10
65
July
65
July
11
11
10
11
July
11
July
26%
26%
50
23
12
12%
540
7%
7%
7%
373
5% Feb
8%
8%
10
7%
Jan
87/a May
5%
5%
5
3%
Jan
7%
38%
525
28%
Jan
38% July
2%
500
1 %
May
2% July
12 %
170
Jan
'
26% July
Jan
-
'
38
37
2 Va
~
Jan
■
5%
5%
52
5%
4% Feb
5
Jan
12% July
7% July
Apr
6% Mar
7%
Apr
9%
325
290
15%
Jan
18
16%
250
12%
Jan
16% July
14%
30
7%
16%
16%
7%
16
14%'
12
11
Jan
16%
27%
30%
4,771
14%
Jan
30% July
9%
230
6"%
7%
16
9%
Jan
Feb
Jun
9% July
2% Mar
2
2
10
2
11
11
27
8%
Jan
103%
20
97%
Feb
103 Va July
100% 100%
2
50
97
Feb.
100% July
102
15
15
11%
12
July
11%
Jun
65
15
12
1
'
'
7%
Jan
15
July
70
6% Jan
12
July
Feb
10% July
10%
10
common—
Wagner
Apr
65
18%
5
commoh—
20
Missouri Portland Cement common—25
National Bearing Metals common
*
National Candy common
*
5
Carbon
20
Steel
al2
15%
42% July
Laclede-Christy Clay Prod common.—5
Laclede
a26%
Co——„——_10
.
Key Co common——
25
1
Jan
100
.*
A
common
Jan
31
& Walker Dry
Slioe
High
7%
25
Falstaff Brewing common
International
v.'.
::
100
Goods common—25
1
Hussmann-Ligonier common
'——*
Ely
■
Jan
6%
42%
*
.
class
Manufacturing
25
Corp
Co
Corp (The)
common——,
Pepper
Elder
5%
6%
41%
July
5
1,733
15
May
14%
27%
14%
May
264
a27%
*
Inc
(N
Jan
25
Co
Brands
'l4%
•-A
5
531
754
11%
♦
50
LOW
High
*
1
1
—_5
Brown Shoe common
Burkart
Range Since January 1
Shares
—1
common
•
RR
Aviation,
American
Sludebaker
Investors
American
for Week
Range
Low
Par
2% May
Sales
Week's
of Prices
Sale Price
STOCKS—
Exchange
compiled from official sales lists
Last
May
36 y4
34%
8
16 both inclusive,
Friday
Jun
8%
34%
7
to July
July
Jan
33
15
10
9% May
Jan
30
15
Mar
4
31%
35
1%
*
July
90
481
39
39
593
15% July
340
%
34%
common
Jan
Jun
15%
1%
Corp
9%
Bell Teletype SL
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
11% May
17%
18
Postal Long Distance
Chicago Board of Trade
Chicago Stock Exch.
33% May
5
Phone
CEntral 7600
St. Louis Stock Exchange
Apr
17%
a32%
.*1
American
Wool worth
38% July
Feb
1
Ward & Co
Central
Republic
Jun
61%
23
*
Libby
_
Montgomery
Paramount
38 Va
600
Copper Corp
York
v
LOUIS
New York Stock Exchange
105
210
38
1922
Members
Canada—•
of
Co
International Tel & Tel
&
18% July
8
*
Nickel
McNeil
Jan
a23
——*
Co
Graham-Paige Motors Corp
Kennecott
13
10%
a36
•
International
710
%
7%
Established
705 Olive St.. ST.
19% May
39%
15
5
Corp
Apr
4%
a
General
(B F)
3% Jan
6%
10%
Electric Bond & Share Co„
Foods
July
Feb
1
Co
59 %
a39 %
4%
1
—.5
-
Jun
Jan
Edward D. Jones & Co.
Jan
5%
;
12%
1
;
Electric
-t
18%
65
•65
1
_
Curtiss-Wright Corp
A
18%
*
*
Corp
Southern
&
|
80
Jan
31%
48
2,181
5%
18
a37%
*
Vultee Air Craft
Consolidated
5%
St. Louis Listed and Unlisted Securities
43% July
155% July
Feb
32 %
29
al8
Corp
Electric
&
Commonwealth
United
1,097
4%
*
participating..-
13
'?■ 24%
5
*
5
25
Corp
Borg-Warner Corp
Union
A
38
30%
20
Class
Transit Invest
Jan
24%
5 -
Co_
Aviation
Canadian
Tide
7Va
Tacony-Palmyra Bridge—
7%;
7
13
vtc
Bethlehem Steel Corp
&
7%
6%
3%
Jan
Atchison, Topeka & Santa Fe Ry—100
Aviation Corp
(The)
(Del)
3
Texas
8% May
% ;■
7
54%-
Jan
256
Swift
9% May
Jan
1
2%
64%
Sears,
56% July
Jan
3%
4
40%
*
7%
22
a60%
Radio
Jan
4%
;
550
300
13
4
Jan
Pure
44
702
7%
—;
2,843
38
12
Jan
Packard
933
8%
24%
4%
37%
12%
Jan
17%
3%
Oil
56%
19%
—3
Jun
41%
28%
24%
Ohio
55%
_
_
Oil Corp.
Jun
26
41%
a28%
320
North
42% July
25%
5% Mar
814
North
36% May
Jan
19%
*
w-i.
common
1.15 July
5%
New
7% May
Jan
33%
30
*
i
Oil
11% July
5%
Loew's,
Jan
16%
400
7%
50
_
_
w
com
Jun
Jan
Jan
7%
25c
28%
Libby
1%
130
42%
6
July
6%
Jan
2.10
a45%
Goodrich
675
34%
<
10
16%
14
General
6%
33%
40%
•
_
_
new
Apr
35 Va July
50
__5
&
Class
85% July
29% July
35%
100
Tel & Tel
Bendix
10%
Jan
Jan
15
al6%
*
•
American
Baldwin
Jan
67%
Stocks—^
Amer
Armour
Mar
35%
15
10
—1
—1
Mining Co
Gold Mining Co
6%
120
8
*
Westinghouse
Stocks—
Alaska Juneau Gold Mining Co
Zenda
9
Jan
29%
Mining
Cardinal
Jan
30c
6%
10
preferred.10
Steel Co
Western Pipe &
Jan
5c
Mar
45c
4£.lQu.
Oil
Consolidated
Universal
July
2
5
Corp
Transcontinental & Western Air
Oil
35c
1
25
_
Superior Oil Co (The).
Union
Jun
—25
Sunray Oil Corp—
iiansainerica
1.80 May
57 %c
•
*
California
of
Co
11
1,000
25
——
Co
24% Mar
29c
Drug
preferred A-:
Jan
30c
1,600
7c
Jan
45c
45c
Stores——*——
*
Southern California Edison Co. Ltd—25
6% preferred class B
—25
5% % preferred class C
25
Southern California Gas G'/o pfd——25
6%
35c
65c
Sun
Superior
Jan
•
*
1
Southern
140
85
83%
50
_
common-"-'—!■—
Scott Paper
Feb
Jan
100
7c
*
Sontag
8%
9%
4%
Co
July
May
7%
preferred
Jun
97%c
1,010
60c
Co—
2nd
4Uc
July
8
222
65c
Sinclair Oil Corp„
Aircraft
10
9
•
Light
&,
Salt Dome Oil Corp
11%
17%
110
a20%
1.40
Signal Oil & Gas Co class A——:
Solar
RR.
RR common
40c
27c
1,600
37c
35c
37c
10%
Int
—
—_——15
Oil Corp
—10
Corporation
Jan
6%
300
*
Units of Ben
Co
Union
Jan
55 %
•
Navigation—
preference
$1
Jan
14c
3,650
a20 %
—
Inc—*—
27% July
3
July
2% May
U Jan
*
Ryan Aeronautical Co.—
Security
57 %c
80c
1
Warrants
Stores,
Reading
1
Republic Petroleum Co common
Richfield Oil Corp common——
Safeway
Philco
Jun
115
———
Products—:
Clay
Pacific
Jun
41 %
310
1
1
*
—10
25
:—25
—_*
10
Corp
Oceanic Oil Co—
Pacific
39%
Jan
1,100
1
—
Occidental Petroleum
Mar
Jan
34
2
—1
1
Co
Oil Mining
Diablo
Nordon
14
26%
11
—10
1
Co
'
Co.
Merchants Petroleum
Mt
Jan
244
2
10c
1
Corp
Feb
613
6
_
Corp
Electric
419
9
35
12%
34%
__
II
Pennsylvania RR
Phil
41%
254
_
__
Battery
Power
Pennroad
41%
13%
19% May
Mar
25
40%
*
common-
Valley
New
75c
1
Los Angeles Investment
Menasco
July
405 '/a
13%
Jan
17%
27%
May
420
all
._10c
_
Aircraft
50c
Jan
J
—
Petroleum Co
Lincoln
Lockheed
May
*
Intercoast
Lane-Wells
Jan
10
39%
Co
Motors
Lehigh
200
a40
11'/a
20
27%
84
Coal &
Lehigh
National
1,006
420
115
18%
35
7%
*
Storage
11% July
7%
*
Hupp
General
Feb
55%
—---1
Co
Car
Motor
Jan
63
7%
420
127%
156% July
9%
common
__
preferred
12
20c
1,000
Prior
7% July
22 %
: :55%
13%
Hancock Oil Co common A—
Hudson
40c
Pub
Curtis
Jan
7'A
5%
Co
Mfg
G)
15% May
Jan
17%
'.,:L
■'r,.
10
.
_
11% Mar
917
v
35
—50
Chrysler Corp
Electric
Feb
*
Holly Development Co—.—
11
10% May
Feb
63
600
10%
40c
—
Co—
Rubber
Tire &
80
11
5
Exeter Oil Co common A
—1
Farmers & Merchants Nat Bank—100
General Motors Corp common-——10
General Paint Corp common
*
Goodyear
Jan
4,105
10%
Derrick & Equipment Co_
Gladding McBean & Co
Feb
3%
954
7%
66%
Mar
<^4
Jan
19%
Jun
(E
17%
High
Low
359
15%
155% 156%
156%
13
c
Range Since January 1
•
Jun
48 y2
Jan
6%
20%
7%
Douglas Aircraft Co
—:—
*
Electrical Products Corp
——-—4
Emsco
68%
6%
20%
20%
Budd
Budd Wheel Co
t
v
preferred-.
Corp
Asphalt Corp
13% July
28%
Jan
200
Barber
24% May
Jan
2,315
10%
Jun
2.05
Jan
19
a65%
"
t-1
———
__
of
85
Security
Jan
45
48
10
*
Locomotive Works
May
Shares
High
14 V?
14%
100
Tel
&
Baldwin
Bankers
23% Mar
50
29 v
„
47%
10%
Consolidated Steel Corp.
Creameries
630
Tel
American
1% July
16%
591
a83ya
5
Corp
Chrysler
14
23
a29
Jun
*
Stores
American
2
7%
13
22%
Department Store Inc—*
Broadway
Byron Jackson Co.
California Packing
Jun
Jan
75c
Low
Par
Feb
,76
1.35
832
2.00
2.00
-
4% May
Company
Corp
Bros
& Gay
STOCKS—
Feb
50c
Inc
for Week
of Prices
Sale Price
High
Low
common
Petroleum
Bandini
Berkey
Range Since
January 1
1.80
Aircraft Accessories,
Sales
Week's
Last
High
Low
from official sales lists
inclusive, compiled
16 both
July
Friday
Shares
of Prices
i
to
for Week
Range
Sale Price
Par
10
Sales
Week's
Last
STOCKS—
July
compiled from official sales lists
July 16 both inclusive,
Friday
Barker
Philadelphia Stock Exchange
Angeles Stock Exchange
Los
July 10 to
31
10%
775
6%
31
31
595
24 %
Jan
32
July
64
65
$7,200
53
Jan
71
May
Jan
8%
Jun
40%
Jun
Bonds—
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4195
CANADIAN MARKETS--Listed and Unlisted
Montreal Stock
Canadian
16 both inclusive,
July 10 to July
xXXX; V%X'/X "■ X
•XX'
Week's
Friday
Range
Par
Agnew-Surpass Shoe
Algoma
Steel
*
common
13%
Sales
common
Aluminum Co of Canada
Amalgamated
Electric
Corp
Low
11 Vs
Jan
14
10%
10%
925
8%
Feb
10% July
87
87
87
80
118
118
"160
—50
101% 101%
101%
9
Corp
25Vi
18
87
133
Jan
July
;: Mar
Feb
103%
9
July
9
21%
376
27
Jan
Feb
100%
80
25%
18
25%
•
:
Associated- Breweries common.—-—*
82
105%
195
9
■
Jan
15
Jan
Feb
July
25% July
20,
Apr
15%
Feb
Abltibl Power
6%
Bell
Power
Telephone
Brazilian
British
•tf-V'
&
T
Co
L
&
*
"R
••
"V.-
152
Jan
25%
26%
28
28%
23 %
3%
*8
Jun
28 %
Jan
Paper common
&
Ltd—
of
Oil
Vane
Co
Canada
July
&
Canada
5
Dominion
Packers
Sugar
Ltd—.;
5%
Jan'
Canadian
Dredge & Dock Co Ltd
15%
15
15%
13
17
17
17
15%
Mar
Jun
Jan
Canadian
Gen.
17
11% Feb
Jun
Canadian
Industries
,
Investments
Ltd
pfd 100
cum
—
-
Canada Forgings Class A
Canada Northern' Power Corp
—
Canada Steamsnip common——
v.
5%
Breweries
Preferred
7%
106
8%
106
*
25%
26%
20
11%
5%
Apr
14%
9
Jan
36
35%
36
31%
4%
1.45 Jan
4% July
40%
27% Jan
40 % July
32%
32
32%
Jan
30%
Apr
rinnsoliriatPd
27
Jan
37
Jun
Dominion
Engineering Works Ltd—"1
133
Feb
139
Jan
Dominion
Oilcloth
22
Mar
23
July
Dominion
Woollens——
Canadian
Industrial
% Class B
Alcohol
•
27
Jan
33
May
Feb
125
Jun
3%
Jan
5%
Jun
3%
Jan
5%
Jun
_•
Locomotive
Cockshutt
.
*
_
Canadian Pacific Railway
12
25
Plow
Jan
26
Feb
7%
•
Consolidated Mining & Smelting
Consumers Glass
12% May
9% Jan
—&
37%
Jan
Jun
13% Jun
45%
Apr
*
Crown Cork to Seal Co
27% Mar
29
July
*
—
Puppr
22
Jan
30
July
Seagrams
26
Jan
35
July
•
common
Dominion Glass
•
24"%
Stores
Ltd—
5%
Dominion Tar to Chemical common—*
Dominion
Textile
common—
Electrolux
Enamel
Foundation
Gatineau
5%
of
Co
Power
Trust
11
July
10 %
Jun
9% July
101 %
July
81
Mar
8% July;
Jan
8% July
Jan
7
Jan
Feb
7% Jan
11% July
100
79
Jan
93
100
86
Mar
100
•
1-
Jun
5% July
25% July
15% Jan
14%
—•
8
Jan
Wares common
Class
B
Gypsum, Lime & Alabastine
Hamilton
Bridge
July
13%
Jun
Bidgood
Jun
Jun
——100
93
*
common
i.
May
16 % July
——100
105
Jun
■*
32
Mar
Oil Ltd—
Imperial
Tobacco
Industrial
——>
of
Acceptance
International
Preferred
16%
17%
common—5
Can
11%
11%
*
20
*
12%
Corp
Bronze_r—
—a
■
-
International
Nickel
International
Petroleum
Eldorado
International
Power
Preferred
Kirkland
com
Ltd—
Co
21
21
July
Normetal
12%
13
Jun
O'Brien
22%
23
Feb
39% Mar
Pamour
24
24
Pandora
11
11
July
15
Jun
110
108% 108'/2
Public Service Ltd—
Jan
Pato
the Woods
Lang to Sons Ltd (John
Massey-Harris „—2
A)—
Mont Light Heat & Power
Montreal
Tramways
Murphy Paint Co common
15
Jun
Sullivan
National
Ogilvie Flour Mills
Electric
32%
33%
1,090
61
1,690
61 %
45%
45
46
4,205
24%
24%
24%
24
8
Bros
&
Co
Ltd
——1*
•
common
———.*
Regent
Knitting 'Mills
Rolland Paper common
19
StX Lawrence Paper preierred.—---1UQ
Shawinigen Water to Power.—
Sherwin Williams
of
Simon
Southern
Steel
Co
Tuckett
Twin
bons
Canada
of
Preferred
Canada
15%
10
3%
18
_
46
.
19
com
24
25%
24%
preferred
Cotton
6
Jan
Electric
9%
common
15%
265
14
Jan
16
10
125
6
Jan
10
9%
3%
9%
25
4
12,785
15%
18%
33
33
55
43%
47
1,388
xxxi8;.y
7,784
19
2,019
210
11
255
68%
;v£V>
68%
11
68%
8% Mar
1.75 Jan
July
10% May
4
July
11%
Feb
18% July
24
Feb
33
32%
Feb
47
16% Mar
19%
July
July
Jun
9
10% Mar
11%
Jun
152
59%
Jan
72
Apr
76
35
66%
Jan
76
Apr
100
152
152
11
Apr
156
Feb
—
53%
7%
62%
25
26
8%
53
'
8%
53%
7%
8 Vb
60
50
;;x
63 Vb
150
15,970
1,005
152
6%
47
2%
21
Feb
May
9% May
58
Jun
Jan
8 Vb July
Jan
63 % July
15%
37
13
Jan
15%
Jun
26
26
50
24
Jan
6Va
Jun
Nova Scotia
Royal Bank
For
of
Xr.
135%
159
159
160
149
100
-
Canada
footnotes
see
page
250
250
251
96
100
279.
75c
6%
14%
Jun
5%
Feb
16%
Jan
5%
250
3%
Jan
55Vb
55
50
46
95%
96
15
87
44
10
40
125
16y«
.
.
7%
16%
50
41
102
102
_u
103 V2
8
16
HL5
15
8J%
1.75
Jun
44
.X-
Jun
7% July
17
Jan
Jun
105 Vb May
Jan
8%
Jun
16
—250
July
16
15f
20
1.75
55 Vb July
Apr
2%
4
May
96
■:
5% Mar
342
,
July
15
July
July
1.25 Jan
56
2
May
125
56
21 %
...
Mar
10
Jun
Jun
7
May
7%
Jun
,.'•6%
>20
Jan
44
July
20
Jan
30
830
19
5%
16c
'
47%
Jan
56
May
50
19 %
Jan
21% July
21%
17 %c 18c
:
845
1.41
Feb
200
6c
25
1.13 Feb
Jan
Mar
1.41 July
1.18 Jan
1.09
1,700
29c
2,600
21c
2%c
2,000
2%c Feb
2%c
Feb
1,700
3 %c
Apr
6c
Jun
6c
4.90
80c
Jan
Jan
30c
Feb
5.00
250
3.95
Jan
5.20
Apr
2.04
100
1.66
Apr
2.06
Feb
2.05
75
1.07
97C.:
1.08
16,600
1.02
■
93c
:
1.09
5c
7c
1.09
X.'
1
1.09
2.75
2.75
1.00
5c
100
1.00
Jan
75c
1
80c
3.05
66 Vac
1,600
12,900
38c
36c
.7,200
68c
1.02
Jan
Jan
75C
82 %C
Feb
Apr
58c
Jan
500
Apr
Company Ltd-
<'0
Oil
Co
*
:
_
45c
-
*
Ltd
44c
I6V2C
«
Limited
Company
46c
July
45c
Jan
82 %C July
1,900
30c
Jan
46c
July
1,700
16 %c 18c
«
El o_
10 y4c
Feb
20c
July
3.65
■■
13,595
25%
■;'XX.' XX
3.95
25%
20
2.6b Jan
21%
4.00 July
Jan;
.
Toronto Stock
Canadian
26
Apr
139
139
140
3
93
138%
l^O
Jun
Mar
Friday
■
Last
6%
Power
&
Paper
Acme
Gas
Ajax
&
Oil &
*
common—
preferred
Oi!_
Gas
*
_
_
_
Co
Arjon
Canada
*
5%
pfd. _100
Aunor
Gold
Bankfield
Gold
Mines-'.-:——_>_w—
Mines
Mines
Montreal
of
Nova
of
Toronto
Metals
Bear
141
May
Apr
—
Exploration
Mines
Ribbon
87
118
101 v*
87
117
119
101 v* 101%
3,000
60,830
25 X
15
Jan
29'/4 July
6c
Jan
13 V4C
81
Mar
220
106
360
101V* July
Jan
133% Mar
102%
Feb
78c
74c
•79c
12,660
47c
Jan
84 %c
Jun
52c
55c
3,500
20c
Feb
55c
Jun
28c
25c
72,800
22c
Jun
38c 43 %c
14,800
38c
July
8c 11V4C
111,650
1
2.80
2%c
31c
Jun
53c
Apr
12 %c
Jun
2.88
Jan
July
July
2.88
36,039
1.35
17c
14%c 19 %c
82,075
8%c
Jan
7%c
7%c 7%c
6,600
4c
May
160
160 160%
53
150
Feb
161
Jun
252
252
10
227
Jun
259
Feb
234
252
July
100
*
_
_
_
_
Radium
Ltd
_1
_
_
>.
preferred
Feb
1.60 July
10% July
87
July
11c
_
__
..
14c
Jan
8% Mar
1
Mines
Telephone of Canada!.;.^
Bidgood Kirkland Gold
Biltmore Hats Ltd-
1.60
10%
4Vt July
5
29c
Paper Co class A__*
&
10c X
1.40
High
Jan
1
—
_
Mining
&
9%c
10%
25,225
70c
40c
1
..
252
250
250
288
9%C
11c
20,300
14
13
14
245
39c 43 %C
75,300
70c
43 %C
8%C
12
19 %c
8c
Feb
10c
32,555
Jan
11%C
Apr
Mar
•
15
Jun
Feb
Feb
Jan
49 %C
Jun
Apr
1.35
Jun
1.04
1.20
18%
19%
465
152
150
152
288
40c
35c
40c
148,200
40c
July
8V4
...
—
2.55
11c
8V4
100
6%
Jan
9
Mar
39
40
60
29%
Jan
40
July
1.20
♦
Bell
Blue
10c
'
>
100
_
_
Scotia
Power
Beat tie Gold
1
,
_
—
_
Consolidated
of
Base
_
Ltd
_
Bank
Bank
29 %
16,293
1
....
Mines
Bank
Bathurst
Mines—
Gold
Astoria Quebec
Bagamac
20%
Low
4%
55c
«
Porcupine
Gold
Armistice
3
1.55
common—
of
Since
High
3%
100
Ltd
Co.
Range
Low
*
common
Preferred
Aluminium
Aluminum
lists
Sales
for Week
26%
s
Aigoma Steel Corp
Week's
of Prices
Par
—
254 %
Exchange
Funds
July 10 to July 16 both inclusive, compiled from official sales
1
...
50
Feb
15
140%
Jan
9%c
Jan
*
Jan
4c
Jan
58c
July
1.04
2%c May
40c
Jan
5c
Jun
43c
July
1.09 July
'2.15 Mar
500
97c
Jan
40c
-1
1.09
11%C
July
3c„
700
3c
Jan
60c
1,500
82c
2.05 July
1.08 July
63 V2C May
500
3c
58c
78c
8,400
82c
3c
1.5C Feb
43,600
5c
5c
1.00
—
Apr
Jun
2.04
..
Ltd
July
2.05
1
Ltd-
24%
6c
MM,
——■
Ltd-
2c
19%
Feb
36c
53
2.05
—1
Mines Ltd
XX
2%c
-l.oo
Ltd
20c
Jan
Mar
1.00
1
Co
1,500
Jun
12c
40
28c
2%c
*
Ltd.
4c
3%C
1.41
—
—
1,600
24 VJ
ww..:,rv>/
«
Ltd-
1,000
50c
■
>»
Ltd
36c
50c
1
-
-
10c
220
36c
;•
—
6c
_
Beatty Bros class A
'
135
100
—100
of)
Jan
55
*
Mines
Mines
Oil
Oil
Aquarius
May
Banks—
Commerce
15c
3,000
44
■
.
Anglo Canadian
13% Mar
15%
.
(Bank
Oil
Crest
Home
Abitibi
;x 76
X_—
.Preferred
Montreal
5%
29c
Jun
10
—100
common—
30c
16
July
10
*
;
-
13% July
2,920
19% July
'
Ltd
Jan
6%
_i
_
Ltd
Mines
10% July
83
10
*
Preferred
Zellers
3%
18
.
Ltd._ -.1.00
Ltd....
8% May
Jan
16
*
—
Jun
Jan
135
20
6%
19
*
Ltd
Jan
Jan
25
.
Jun
5%
1.50
13%
19%
20
y
—1
Ltd
Feb
Feb
6%
jan
16
*
;
common
——■——
1.00
Apr
199
Apr
Jan
62
*
City Rapid Transit common-—'
Winnipeg
48 V4
22%
705
•
Power..
Canada
Tobacco
Wabasso
9,415
19%
83
'
9%
*
common
&
3,531
17%
—*
:
St. Lawrence Flour Mills-i——— *
H
40
215
10%
10
10
-
common——.—*
preferred-.
50
A
24
81%
—
Lawrence Corp
Class
715
X;. 8'X .:'
8
15%
•
*
common
35c
4%
20
STOCKS-
Quebec Power
St
;
10%
—100
-
Jan
Jun
24
of Canada-,—-
12 %
20% July
20% July
33% Jun
60
—•
common-
Rwys!
5% preferred
East
33%
*
Price
Apr
60
Ottawa L H & Power common—100
Power Corp
Dalhousie
12% July
—*
—
Noranda Mines Ltd.
Ottawa
Jun
•
Corp
Jun
Jan
18% May
.1
Dredging
Mines
Cons
33%
•
common.
Car
Jun
237/a
12%
100
6%
Jan
Oils—
Royalite
Breweries
National Steel
Gold
27%
y
50c
Jun
9% July
—*
5,628
Jun
Jan
13%
...1
Mines
Mining
Sladen-Malartic
——100
19%
Jan
xX *X';'
_
_
Mines
Gold
Sherritt-Gordon
Cons——*
_
Ltd..
Gold
Gold
Gold
Jan
9%
50c
3%
1,785
July
May
4%
Jan
Ltd
Corp
Cadallic
Jun
*
20%
Jan
88
19%
7
35
Jan
2%
X 1,425
6
4.
14
Apr
May
>7% July
3% Mar
130
1,965
20
6C
11%
;—*
5,260
4%
19%
*
Ltd
Canada
Mines
26%
.——*
.
7
30
36%
28
X
15%
Nickel
*
McColl-Frontenac Oil
Jan
22% Mar
10
Mines Ltd
of
._*
common
\X 6% July
Jan
3
*
Ltd...
Rand
Porcupine
Cons.
Perron
Siscoe
Lake of
24%
85
Apr
July
125
....
Mines
Mining
Ontario
37%
—100
_.——
905
*
Limited
Mines
Gold
22%
23
Jan
Jun
6%
592
pfd_100
Ltd
Malartic Goldfields
36%
•
3
21,817
3%
10c
17%
*
Mines
Mining Corp
•
*
common-
——.
17% July
Jan
12%
Ltd
_
Gold
Gold
Shawkey
Jamaica
.
Gold
Francoeur
Joliet-Quebec
25<
—
Canada
of
Feb
% Mar
100
J
Gold Mines
Mines
Lamaque Gold
Imperil
Feb
8c
20
*
cum
Mines
Dome Mines Ltd
East Malartic
preferred
6
7
23%
*
Canadian Malartic Gold Mines Ltd
Apr
Hudson Bay Mining—...
'
Corp
Gold
8
Paper
2
25
July
16%
*
Corp Ltd
Copper
Kirk
11
—
2,215
Feb
15c
Mar
XXXiXXXX'vXyyXXX
Aldermac
July
_•
Smith
7c
7%
Mines—
—,—,—5
Preferred
13% May
July
——
Howard
Jan
18%
Walker-Gooderham to Worts Ltd com_*
$1 cum pfd
*
Hollinger Gold Mines—
Renfrew
12
25c
100
50
A
United Corporations B——.—
Walkerville Brewery Ltd—
Central Cadillac
Holt,
75
31
4"%
50c
!._♦
Ltd. common
Amusement
45
600
23
__
•
...
Southern Canada Pow 6%
Tnrut atores
Jan
*
——
United
Apr
Jan
27%
3%
13Ve
pfd——100
pfd—
10
Ltd
Jun
7%
Jan'
3%
*
Co
Noorduyn Aviation Ltd
;
Paton Mfg Co
Power Corp of Can 6%, 1st
pfd
6% N. C. Part 2nd pfd
Provincial Transport Co
Sarnia Bridge Co., Ltd. A—
7%
*
Paper to Power
Power & Paper
10 Vb
2
6%
6%
Mar
3 % May
Jun
1.15
39 %
.
10c
29
1'
MacLaren
108 %
100X
10
50c
Jan
Jan
36
131/4
6%
Mar
730
925
7%
3
Jun
9% July
169
Jan
85c
50c
30
19%
"A"—_*
Mitchell. Robert Co Ltd
5%
Mar
i
Corp
9%
44%
__
Hydro-Electric Securities Corporation-*
Utilities
30c
1,350
125
23%
•
Hillcrest Collieries
International
30
2%
75c
July
19
Apr
Jan
27%
„
Ford Motor of Canada Ltd A—_•.
Fraser Companies Ltd common
—*
Voting
8%
148
Jan
91
109% July
X15% Mar
32
40c
39%
Jun
298
Apr
July
July
103% July
20% Jun
July
v/u
*
Massey-Harris Co Ltd 5%
4
21
31
91
80
9%
6
-
Melchers Distilleries
3
•
Preferred
Ltd
6
4%
——• -''6
Apr;
*
—
Co
-
Jun
1
*
X
•
Feb
107
Jun
7%
Jan
5
18
..
17% Jan
36%
25
X
167
6%
101
V
60
...
91
10c
——t
Apr
*
common
Linol
to
16%
Feb
-
5V$> A preferred--General Steel
Jan
5%
Canada
preferred
Apr
76%
Prouucts
English Electric class B—
Famous Players can Corp
I,t.d.
30%
125
Mar
*
—
Heating
Jan
6
•
...
-
Corp
to
Jan
96
100
Dry den Paper
Jan
8%
•
Preferred
Jan
120
Dominion Steel to Coal; B—..—.25
Dominion
Jan
11%
25
100
common
Corn
/Fleet Aircraft Ltd
Lake St John
Distillers
Dominion Bridge
Dominion Coal preferred
X—
pfd———2.50 iX,
Donnacona Paper Co Ltd
17%
120%
—
Sec
15
1,780
109%
2%
7
Eastern Dairies Ltd. 7% cum. pfd—100
Fairchild Aircraft Limited
—5.00
t
100
class A__~
;
—
Canadian
"Iv
—100
—.
5.00
—
Div
80
302
39 %
10%c 15c
3
27%
23
preferred-—
y;X
•
common
30%
137
Cottons
Alcohols Ltd
•?
51
X,
13%
15c
37
23
Canadian
Ltd--———*
Preferred
26
7
__
Consolidated
137
Canadian Converters
15
Apr
12
17 % Mar
26
44%
July
137
*
/1',V"
\
Adv
22
9%
>
7%
12
"Preferred 7 % ———————100
1'
Gen
pfd
Jan
2%
•
34
29%
Rights
Neon
Commercial
5%
17%
40c
Jan
35%
,
Prod.
1,185
V. :
22
75c
Jan
30%
9%
UVb
Food
Feb
9%
2%
7%
37
common
^
Claude
3%
39%
25
'*
May
38
5%
163
*
common
Catelli
4%
•
Co
Paper InV
5% cum preferred.—
—*
Canadian Vickers Ltd common
*
Canadian Westinghouse Co Ltd-——*
11% July
14 %
40%
•
to
May
26% July
'
*
common
Celanese
Jan
1
Marconi
86
15
20
18
•
*
Canadian
Candn Power
*
_
lm
1
Feb
10
13%
'
167
Jun
106
Jan
'•
91
__
*
July
8%
Jan
14
Canadian
s
Jan
11%
•
Canadian Car & Foundry common
7% participating preferred
X
92
—*
common
——
Canadian Bronze
■
4%
106
———50
preferred
Canadian
8%
•
—--100
-
11%
6%
109
—
,*
B
Canadian Inter. Inv. Trust Ltd
Canada Cement copnmon
Preferred
y
*
Ltd-:
class
Jun
Jan
86
39%
91
—
Canada Wire & Cable 6%%
9
July
July
Feb
9%
875
103% 103%
19%
20 %
39%
5% May
4
Feb
2Va
;
21%
__
20%
Jan
July
54
12 %
11
21%
25%
♦
2
'
29
4
6%
y
—-1*
4%
*
22
::
—*
Malting Co Ltd
198
y
4V8 July
Jan
10%
6%
pfd_100
cum
54
High
Jan
5'%
3 %
11
•
Packers Ltd-
Calgary Power Co Ltd 6%
Low
65c
15,388
86
*
Ltd
lists
Range Since January 1
58 639
29
54
y:
100
Ltd
Shares
4%
20
;
*
common
Distillers
American
Canada
26%
sales
High
3
,
.100
Corp
Ltd
Columbia
3%
Paper class B
Power
Low
official
Sales
for Week
of Prices
/.Xy/y,
100
Belding-Corticelli
Brewers
Range
•
—
Jun
28%
&
7% preferred
Bathurst Power &
Britisn
from
Week's
Sale Price
v' Par
8
Xi'RfX
5
—
154
14% Jan
28%
r
Building Products class A
Bulolo Gold Dredging
141
25%
Mills———————r»
Bruck' Silk
150
12% Mar
*
—
Class A
*
152
14%
*
—
Power
13%
14%
luu
Canada
of
P
Columbia
riftcti
Papen class A
//XX';'
preferred
Beauharnois
Funds
compiled
Last
■
vy
British
Bathurst
inclusive,
Friday
High
,
5
118
pfd
XXXX'
13%
*
—
16 both
STOCKS—
Range Since January 1
X
——100
Ltd
July
to
XX X: r.XX •'?1 >X>:
Shares
Highiv
10
;V."
13%
r:
*
common
Preferred
Aluminium
Asbestos
Low
July
official sales lists
for Week
of Prices
Sale Price
;
Canadian
compiled from
Last
STOCKS—
Montreal Curb Market
Exchange
Funds
19% July
155
Jun
;
THE COMMERCIAL &
278
CANADIAN MARKETS
Last
Sale Price
Bralorne
Brantford
16c
10%
Light & Pwr com..•
25%
21%
25%
28%
4
49%
56c
orazilian Traction
—
*
Oil
British
American
British
Columbia Packers Ltd
British
Columbia Power class A
Class
*
B
Ltd
Porcupine Mines,
Broulan
—*
*
1
;
Oil
Dominion
British
preferred
————
2nd
preferred
—
Calgary & Edmonton Corp Ltd
Bread
55
25
20
5
10(1
Mortgage
Permanent
Can
*
50
Canada Wire & Cable class A
-«
Canadian Bakeries common———*
Preferred
100
Canadian Bank of Commerce
100
Steamship Lines
Preferred
common
-
-
-
Breweries
Canadian
*
*
common
Preferred
*
5%
1st preferred—
20
Convertible preferred—
*
Canadian Car & F'dry Co Ltd com
*
Preferred ——i—-i—-i——-25
Canners
Canadian
common—
Celanese
Canadian
Preferred
*
100
common
-
-.
.
"A"—*
*
Canadian Locomotive Co Ltd
*
Canadian Malartic Gold Mines
—*
Canadian Oil Co common
*
Canadian Pacific Rv
——25
Castle-Trethewey Mines
I
1
B
Class
41
527
9%
23
14
ll7/8
30
510
415
1,355
2,795
430
37
136 137%
17%
18
5
5%
5
5
23
24
46%c
52c
23
23
11% 12%
82C 1.10
290
40
—
—
y
.—_
Central
1
Gold Mines
Pat
>
1
Porcupine Mines—
Central
5
>
—*
1
Chesterville Larder Lake Gold Mines—1
Chromium M & S Corp Ltd
—*
Cocnenour Willans Gold Mines
1
Cockshutt Plow Co—
*
Commonwealth Petroleum
*
Coniaurum
Mines
*
Consolidated Smelting
5
Consumers Gas (Toronto)
100
23
12%
1.10
1.37
9c
Chateau Gai Wines—
'A
—
23c
—
45%
130
—*
Imperial Mills
Cosmos
—
28c
1.60
2.60
1.28
Research
Chemical
1.37
8c
4%
27c
1.38
2.45
1.15
12%
23c
1.12
43%
128%
23 %
-
—
May
6% July
■:
May
24
Feb
Lake Dufault Mines Ltd
Lake
Shore
Lake
of
6% July
Madsen
Malartic
July
27
July
Feb
40
Feb
79'A
Jan
93
Jan
150
Jun
Jan
14%
Jan
38
59
Jan
65
Apr
Jan
6
Jun
2'A
66
Jan
129
Jan
1.35
85
86% July
47A July
97A July
23
Jan
July
14
Jan
10%
July
41
Jan
6%
19
Mar
140
Jan
Jan
28
May
July
*
Distillers Corp—Seagrams common
*
100
*
Mines
Dome
i
Foundries & Steel com
Bank
Dominion
Dominion
Dominion-Scottish
Preferred
Inv
—1
:—50
50c
,—2o
*
10%
10%
9%
101%
7%
common
•——
class B
Dominion
Steel
Dominion
—
Feb
138%
3%
5%
Jan
3
Feb
10
Jan
36c
Preferred
McKenzie
McLellan
Mining
Corp
Monarch
Moneta
75c
11c
Apr
4% July
47c
May
Jan
July
2.65
Moore
Jan
Jan
Jan
13%
Jun
Jan
27c
Feb
85c
1.20 Mar
Jan
37 %
Jan
Jan
131
Stores
common—*
100
& Worsteds com..•
20
Dominion Tar & Chemical
Preferred
u
Woollens
Dominion
Preferred
Eastern
21
Feb
25
25
Feb
40
10c
Jan
Steel
16%cl8%c
——*
——
14
14%
Mines
——1
1.10
__
6%
Equitable Life Insurance
Falconbridge Nickel Mines
Fanny Farmer Candy Shops
4.75
27%
'
5 %
92
99
*
preferred
Steel
13 'A
Mines—1
1
5c
•
23c
—_—
Wares
Lake-Porcupine Gold
Gillies
Mines—
Gold
Glenora
Mines Ltd
God's Lake
1
Goldale Mines Ltd——_——
Gold
Goodyear
Preferred
Rock
Home
Hudson
Huron
Imperial
Imperial
__
*
Paper
&
3c
5
&
Metal
Develop
3c
65%
108
Jan
95
Jun
Nickel
A
Petroleum
Utilities
footnotes
see
common
class B
page
10
6,000
7,000
2'Ac
Jan
7%c Mar
ll%c
Jan
17c
250
250
21,000
1,500
1,000
50
50c
3%c
58c
3%c
25c
279.
2.50
40c
Apr
2,222
8.50
52,475
3,000
2.65
22c 30'Ac
31
20,624
1,270
13
60
175
16%
11%
67
175
17%
12
21
33
17,082
1,855
7
7
7
1,220
33'Ac
8%
32c
8%
33c
10
2,300
900
4,675
9,764
1,300
16%
16%
37%
36%
17
37%
23%
23
24
35c
30c
35c
14
3c
58c
Twin
Jan
Union
: ;
United
21c
16
Mar
<
11%
17'Ac Jan
31c
July
Jan
32% Mar
7%
Jan
16% Mar
Jan
67
55
157
11%
10
6%
8
26c
Jan
Jan
Mar
Jun
Apr
Mar
175%
65c
40c
25c
40c
56,200
8 'A c
J an
5%c
5c
7'Ac
433,800
2
2%
150
%
Apr
2'A July
4
4'A
137
2'A
Apr
4% July
5'Ac
6c
22,000
100
100
50
17% July
12%
Feb
7'A Apr
9
Mar
35c
Feb
Jan
17
33
Jan
39%
17
Jan
24
May
60
Jun
4
5'Ac
_•
93c
91c
9%
10%
July
700
39,625
90c
10.700
Jan
57c
Jan
4%
Jan
17%c May
——X
74c
_*
—X
——X
9%
10'A
93c
';" 8
91c
95c
3,200
7
8
28b
X
2.20
2.10
52c
52c
52c
300
31c
Jan
.1
29c
29c
1,000
25c
Jan
3'Ac
3%C
4,000
2c
May
3'Ac
Apr
:
;
1
-X
40c
1.00
99c
12
102
55c
42c
2 Ac
7 /4C
°8
2 43
~~
«4c
l-°&
*
--
X
1
—*
3-00
;
15c
6»c
—
Transit common—*
*
8A
25
#
*
—
1^
-v—
class
50
r*
A—
Mines Ltd
Oils
Ltd
•
<-
5>>
...
6-35
/O?
4-7£»
*
1
~
com
*
-r-r*
—-1
92c
Jun
Jan
8
Jun
1.72
Jan
2.25 Mar
Jun
58c
35c Mar
9'Ac
Apr
7'Ac July
7,500
120
25
26%
720
21%
Jan
2&% July
20
20
10
1.5
Jan
20
July
189
35
152
Jan
189
July
5
23,000
2
Jan
6
Feb
4%C
5c
2c
Jan
6c
Feb
1%
Jan
3
Feb
3%
.
4,000
125
3%
132'A May
12
Mar
1.7
18'A
'32.645
2.94
3.15
16.350
1.86
7'Ac
33,000
2'Ac
24c 41'Ac
179,800
18c
Jan
Jan
Mar
16% Mar
Jan
142
18% July
3.25
Apr
9%c
Jun
41 %c July
Jun
19%
18
18'A
130
1.00
1.00
2,900
85c
Jan
1.05 Mar
45,620
67c
Jan
1.03
Apr
Jan
7.60
July
93c
99c
7.25
7.60
110
8
10
5.15
Mar
9
Jun
8%
8%
100
19%
19%
35
Feb
20
12
12
25
3%
Jan
12'A July
101'A
102
101
86%
Jan
102% Jun
,
Jun
60c
29,432
39 c
Mar
60c
July
38c
44c
53,700
29c
Jan
45c
Jan
2%c
2%c
3.000
43c
6%c
7'Ac
40.700
30c
35c
6,500
19
53
3
1,416
9%
35
67
68
110
2.30
2.50
2.05
l'Ac* Mar
Jan
Jun
3'Ac
Jan
8c
20c
Jun
35c
July
10
Jan
19
July
Jan
3
Jun
10
59%
Jan
73
94,101
1.51
Jan
2.50
July
2.15
350
1.46
Jan
2.15
July
1.10
7
65c
Jan
84c
6,475
1.75
1.85
5,760
1.38
Jan
*12%
12 3A
295
10%
Jan
1.85
Jan
75c
3'Ac
Jan
84c
1.95
Jun
Apr
July
Jun
12% May
3.20
Apr
3.05
7,210
70c
73c
4,700
61c
Jan
75c
28%
120
23%
Jan
30
Mar
July
2.85
—
^
.;
.21°
Flour
preferred^-—100
—
common
r*
—1
16/2
—*
7 /4
62
335
9!/2C
--
52%
55
60
50'A
Jan
55
76%
76
68
Jun
76% July
16c
4,900
10c
Jun
18c
Feb
65c
72c
32,800
35c
Apr
74c
Jun
9
9
100
Apr
10'A
Jun
8%
8%
3,330
25
25
20
15
16
795
:;7%
33
33'A
45
5'A
5%
1.41
1.53
•V
2,720
38,400
6.05
6.45
9,715
19c
21'Ac
34,700
4.50
4.75
3,125
190
35
6'A
6
Jan
22
May
85A
Jun
25'A July
Jan
16
July
32'A
Jan
37
Feb
4%
Jan
6
Apr
Jan
1.54 July
4.40
Jan
6.45 July
9'Ac
Jan
95c
3.40
47
29c
Jun
Jan
4.95 Mar
Jan
56% May
21% Jun
55
56
20%
21%
715
19
Jan
21c
22c
9,275
19c
Jan
82%
83%
100
40
Jan
91
Jun
16%
17
511
12
Feb
17
July
3'Ac
4c
2,500
8'A
8,366
7%'
59
62%
602
3.25
3.45
7.883
9'Ac
9'Ac
500
35
35
BONDS—
'
Jun
14'Ac
~
_——
10'A
Jan
76%
-r
--
,
Co———rl
of Canada
Jan
4
28%
5£ A-
——100
Trust
Jun
6
58c
7c
9%
--
1
;
Jun
142
18
*
—*
1
Mines. Ltd—
Jun
75c
140
2%
—
Mines
2.15
Apr
1.25
5'Ac
*
—100
X
X
I—-1
-*
Co
Feb
Jan
52c
3
*
—
12
185
140
25%
100
—
July
•
6c
X
X00
*
A—.—
43,865
2.25
10 '
25'Ac July
Jan
600
...
Jun
Jun
1,160
Mines
July
1.90
74c
of America..
Feb
9c
1.00
95c
13%
2.00
180
Jan
Mar
74c
.
July
1.28 May
1.80
—
May
40c
11'Ac
1.05
1.82
2.00
Gold—
4'A July
1.10 July
72c
Jun
74c
1
———..——1,00
Wright-Hargreaves Mines
-*
.Ymir Yankee Girl Gold
*
6s
4'Ac May
88'Ac
1
Preferred
Uchi
July
5c
Mines
1
Wiltsey-Coghlan Mines.—-u-,-.
Winnipeg Electric common
Apr
10
24c 25'AC
3% May
25
B
Westons
6,100
94c
10
24'Ac
1.00
13,225
Western Canada
,
•
525
:
—1 Bol.
.1
Ltd....
July
20
¥
*
Preferred .—
—
Wendigo Gold Mines Ltd—
Jun
1.40 July
Jan
,V
July
Apr
38c
Mines
Fuel
Jun
2.00
5,000
—
Exploration
Feb
1.08 July
Jun
67c
.1
Waite-Amulet Mines, Ltd
Walker-Gooderham & Worts
.•
/
26%
8'Ac
May
1.25
13
Gold
Vermilata
Jan
3'Ac
74c
Mar
Ventures, Ltd.
4.00 July
5'Ac Feb
Apr
1.85
Upper Canada
Apr
Jan
Apr
Jun
61c
United Steel
Jun
1.70
48'A
200
Corps class A.
Class
2,000
Jan
Jan
Jan
1.05
40
13
Gas Co
United
July
4,157
1.69
City Rapid
A
3%c Feb
Jan
Jan
Jun
4% July
Mar
2c
17'Ac
4.00
62
8
Jan
May
2,600
>
50c
95.940
Co..————0
Materials com—*
—:
—*
Canada common
*
Towagmac
July
Feb
35c
July
1.10
Transcontinental Resources
3.55 May
Jan
3
4%c
30%
12%
Jun
156
89c
Toronto General
7'Ac Jun
Jan
82c
Toronto Elevator common
Preferred
Feb
,
4%
?
10%
___*
.1
Feb
3.60
4'Ac
16
7%
Jan
4c
25c
15
10%
65
175
17
11%
*.
5
25c
16
10'A
31
Jun
May
Jun
125
9% July
l.OO
65c
Tamblyn Ltd common
Teck-Hughes Gold Mines
Toburn Gold Mines
—
July
3%c
7%
4%
13
5%
35
32%
7
23c
23
16'A May
2%c
4%
__
6% July
July
32%
14%c 15%c
7
•
Co—1
3
61
4%
Petroleum—
Svlvanite
20
Jan
Jan
6
*
Cons
Sullivan
Jan
38
1.40
Rock Iron Mines
Sudbury Basin Mines——
July
12
35
1.40
Steep
6'A July
23
Feb
325
July
2'A
—-——
of
910
20
1.00
4 'A
Standard Paving &
Co
9%
Mar
1.30
Standard Chemical
Steel
25c
1.40
Malartic
Preferred
44'A
900
5
—
Southwest
Jan
820
*
:
& Electrotypers.
Petroleum
Apr
May
1.00
1,000
common...
—10
——.———-.100
End
South
2.10 July
80
May
47%
98,210
Mines.—
Lake Gold Mines
Slave
9% July
48
47%
Mines of B C—
Gold
Jun
Mar
18c
——1
Mines
—
July
3'Ac
Jan
24%
80c
B
1.12
27
450
20
•
Corp
Apr
56
Jan
18,010
1.08
1.
Dome
July
102
7
40c
37c
8%
*
Gold
9% July
Jan
26%
20
1.08
Mar
Jun
July
20
28c
32C
9'A
60'A
Jan
1.22
65
25%
95c
i
Mines
Preferred
Siscoe
2%c July
May
A
Sladen
55% Jun
26%
__
__
3.80
100
100
3
26'A
47'A ,J
Industries
Class
July
Jan
2c
34c
—
6%c Feb
Jan
14%
75
-*
4'Ac Jun
5,000
10
570
97,098
75
7.60
July
5c
95
1,000
3,630
2.10
'75
1
Feb
:.A
1.68
18%
3.05
Feb
.«
common
International
International
6c
3 'Ac
51'A
Feb
5c
35A
July
13 %c
62
4
i
common.—.——_*
29'Ac Mar
12'Ac
Jan
1,225
Jan
83c
5'Ac
Lawrence
13% Jun
May
11c
9%
Anthony Gold Mines—--—
Jun
Apr
52,195
6,500,
2,470
4%c
»
Mining
100
Jan
lc
4,500
93%
Feb
2,050
9
9
2.08
9%
Feb
96c
:
Simpsons Ltd class
11% July
May
78,750
700
Imperial Varnish & Color common—*
For
Feb
8'
14c 15'Ac
Jan
47
5'Ac
Sigma Mines
:
Silverwoods preferred —-,1,™™
Feb
32c
85
6c
3.25
5
-
International
32
50
7%
—£1
Mortgage common
Oil
International
May
May
205
7
1
Imperial Tobacco ordinary
Inspiration
18
18c
1,875
18,500
5c
3.00
*
A
Bank
Preferred
Jun
Jan
5%c
—_1
Gas
Mines
Erie
Jun
23%
Mar
7%
'
58c
1
Bay Mining & Smelting
&
32% *.
15%c
:
1
class
6'A
Jan
Jan
5%
•
Gold
Howey
Jan
July
5%
1
_
Oil
Hunts Ltd
3%
19%
2c
21%
1
*
•
.—
—
Oil
5%c Jun
10c
5%
•
Hollinger Consolidated Gold Mines
Homestead
27 %
Jan
5,500
22 %
1
July
Mar
3c
6%
23
•
1
2%c
Jun
2'Ac
8
l'Ac May
1
Long Lac
Class
Jan
21
77
2,000
——_—50
San Antonio Gold Mines Ltd
—.1
Sand River Gold Mining
—1
Senator Rouyn, Ltd.—
— ™-1
Shawinigan Water & Power.:
*
Sheep Creek Gold Mines
—50c
Sherritt-Gordon Gold Mines—...
1
July
4.80
Jan'
3.10
2%c
2'Ac
*
St
6% July
Jan
26.870
92%
775
7
46
St
May
1.20
Apr
4%
Jan
Mines
Gold
Dauch
&
6
Jan
Gold
Mines
16
3'A
Bridge Co Ltd—
Harker
80c
1.12
1
120
=
■
1.45
Saguenay Power preferred——
Jun
1.45
Jan
3%
1.01
X
Preferred
Mar
19 %c July
Jan
60
—
Carpets Ltd—
Hasaga
10c
12
1.10
*
East
Russell
14% July
Feb
102
53%
45
Gold Mines
Royal Bank of Canada
Royalite Oil
July
Jan
6,045
620
Alabastine
&
8
Jan
1.09
101
52'A
1.35
Gold Mines...
Roche
101% July
8%
1,315
Reno
Jun
July
4c
5%
Hallnor Mines
Harding
Jan
23
I
Ltd
Halliwell Gold Mines
Hamilton
Jan
2%
2%c
6%
Mines™
Mines
Lime
Gypsum
90%
6
—
<
—50
———
Wihksne Gold
Gold
10
21%
*
A
i——*
—*
:.—
Saddlery common
Preferred
Gunnar
10 %
Jan
—6%
Preferred
West
55
Jan
22
—I
—:
Common
Hinde
__
13%
-6c
3 %e
23c
13c
Mar
4'Ac Jan
9%
53
Jun
17
Jan
6
1.40
Corp of Canada—
Gold Mining Co
Preston
9%
390
1
—
Queenston Gold Mines
Reeves-Macdonald Mines
11'A July
6%
8,000
v' 295
1,885
12,500
1,100
300
92 ,100
99
100
12%
4%c
3c
18c
12 %c
2c
4%c
95
Jun
5'A
20
1,925
4.75
27 %
5c
5'/s
23%
29%
30c
11
Feb
32
8%
22,300
6'A
1
Jan
14%
2,500
Ltd—
common—
Pressed Metals
July
Jan
Feb
6%
Paper com vtc——
vtc
Preferred
Hard
__
50
—-
Great Lakes
Grull
5c
Mining
Bousquet Gold Mines——1
Graham
Great
__
—1
Tire & Rubber of Can com__*
Gate
Golden
1
Mines Ltd-.--—
Eagle
10
—100
100
preferred
5%'A
—
30c
—
General
4c
5
23
27
30c
10
23%
—
—
4.45
27
4%c
•
1
1
Fleet Aircraft Ltd
——_———"
Ford Co of Canada class A—
*
Class B
*
Francoeur Gold Mines
*
Gatineau Power Co common—
*
Federal Kirkland Mining
,
.
27
20%
5
1.10
97c
25
.
5%.
5%
"
Easy Washing Machine Co
1.44
1.28
14
July
50c
82,800
62,535
15
17c
1.39
Jan
3,750
40c
:
Rouyn
Power
4,000
20
40c
Premier
22
8,500
6%c
*
1
_■
Gold
7c
142%
Powell
Apr
9%
50
Ltd
Pioneer Gold
25%
Jan
9
46
Engravers
35% July
167
Jan
19%
Jun
9'A
Jan
5'A
156
Ltd
Pickle-Crow
10%
•156
Mines
Gold
110
60%
:
Paymaster Cons Mines Ltd—
Perron
1,355
...100
Cadillac Gold
Pantepec
8'A
15%
9%
•
5
Porcupine
Pamour
8
60'A
Preferred
4%c Apr
Jan
Jan
4%
*
:
4;,
Apr
1*
—
Page-Hersey Tubes
23 %C July
Jan
18%
1.65
1.00
—-
—
Oils
Apr
2.10 July
102,000
70c
15%
"
Coi—
Oil
Jun
1.25
1.25
2.10
common
Corp
1.85
Jan
1.51 Mar
2.05
1
*
*
•
3.50 July
Jan
2.30
1.86
Orange Crush common...
Pacalta
July
1.12
*
*
Nickel
Ontario
21
1.21
100
& Power
Gold Mines
Omega
Apr
5,350
1
Empire Mines—
Oils
Okalta
18
36,400
60,632
;*
——
Gold
O'Brien
Jun
290
i.1
:
—
Star
22
5
__
Mining
Preferred
Feb
1.85
20
Jan
1.00
19'A
3.50
9%
July
98c
940
1.70
-
Feb
Jun
Jun
3.20
8%
Apr
July
67c
1.84
•
5.30
.
60%c. Jan
3.45
*
Pipe Co class A
Mines
Oil
10,500
20%
.1
—
Heat
Trust
Mines
North
-
20%
1
common
Sewer
Northern
Jun
25%
3'Ac
1
Mines.
Cafeterias
Normetal
Apr
4,904
25
1,500
50
6%c
Malartic Mines
Eastern
Eldorado
50c
50c
32
32
9% 11%
10 10%
8%
10
101% 101%
7%
8
14
14
1
Oil
Crest
East
;
-
Mining Co
Duquesne
a210
3,896
40
3,723
20
50
5,514
515
Jan
21
National Steel Car
July
Jun
lc
22
Canada.—
Light
National
45% Mar
123?
3c
13
21%
Mines..
of
Corp
National
1.28 July
9'A
20c
9'Ac
Jan
Noranda Mines
1.62 July
2.00
Jun
9%
___•
Porcupine
Montreal
1.50 July
65c
3'Ac
570
22
Knitting preferred—
Nordon
1.10 July
Jan
4,500
13
>
Mines.
Gold
Feb
12% July
2% Mar
5'Ac
12
23,000
Mines
Mercury Mills Ltd
Nipissing
Jan
10'Ac
5c
3,65 Jan.
867
•
43,970
Mines
Lake
56c
6'Ac July
25
5.30
100
Gold
Jun
25
77c
—
McWatters
Apr
26
Mar
22
25
1.20 July
16
Jan
4.80
25
,
1
common
Red
10'A
98c
common
Porcupine
Negus
Feb
1.00
8,375
3%c
McColl Frontenac Oil common
Mclntyre
Jan
Jan
7%
54c
14,750
70c
Preferred
Jun
23% July
Jan
May
1.15
16%
20
Massey-narris
Jun
5%
Apr
40c
90c
14%
84c
:
26
Mar
15
Jun
18% Jun
12c
*
Natl Grocers common
1,000
t-
Milling
37
Jan
Jun
2%c
i,
30% Apr
100
5,048
—
——•
1
.
Gold
27%
15
9c
*
Fields
27% Mai
315
38
38
19%c
21c
3c 'p
3c
3c
35'A : t. 35r 35%
25%
24 25%
165
165
166
26%
24%
27
50
preferred
Petroleum
Denison
Nickel Mines—
Davies
Gold
Leaf
Photo
Dairy Corp
Lake
Red
Muirheads
133
1,000
74c
;
11% July
Jun
July
10c
95c
.
7% Mar
Jan
Mar
71c
10c
.*
A
Ltd
Preferred
Jun
8%
31'A
25
24,506
3,200
34,300
3,000
100
9,100
65,850
900
39,210
1,315
1.000
3,305
" 995
Maple
Jun
124
class
———
Mines,
8'A
106
40c
Jan
i.l
MacLeod-Coexshutt Gold Mines
Jan
Apr
Jan
55c
1
Ltd
Groceterias
Feb
Jan
20c
28,105
*
•
Mines—.
Gold Mines.
Class B
Jan,,
800
71c
3
Gold
Little Long Lac Gold Mines Ltd
Loblaw
7.25 July
32c
15%
1
Laura Secord Candy
Leitch
July
.13
Jan
4.75
23,246
Feb
2c
Jan
60c
5%c
12%
Lebel Oro Mines Ltd.™—— .•=£-!3c
Cadillac
Jun
'Ac
95c
*
Milling Co—
Gold Mines vA.
Lamaque
Lapa
July
3c
32c
1
:
Ltd
Mines,
Woods
23c
10
40
7.25
Jan
10c
Macassa
Jun
6.55
Feb
13c
1,000
♦
10c
69c
l
Jun
35c
7.00
—_1
Townsite
Kirkland
13
13
1
Mines
Mines
Bay
Kirkland Lake Gold Mining—
Jun
1.75
Jan
Jan
Gold
Hudson
l'Ac
*
;
Mar
l%c May
1,850
2'Ac
l'Ac
12%
1
Canada
of
2'Ac
1
Gold Mines
Kerr-Addison
Kirk
11% Mar
36%
7,100
32c
1.62
2.60
1.28
13
23c
1.17
45%
130
24
Feb
20
1,150
50
320
4%
11% May
Feb
92
50
1.50
9c
Mar
3c
1—
Mines
M Cons
4%
55
25
22
1,682
290
30
415
100
52
50,215
—
15% July
Jellico
3
1,340
1,061
60
39%
90
145
14%
36%
65
5%
86 %
137
4%
class
Alcohol
Industrial
Can.
Jun
9c
Jan
9'A
1,660
18
5%
4.00 July
Mar
1.15
27
——-*
Dock
Canadian Dredge &
Apr
Feb
13c
Jan
21c
25
—
Jan
23
39
—80
—
145
13%
13%
36%
35%
—
65
5%
5%
—
86%
137
135
4%
3%
40%
39
—
9%
—
22
13%
13%
11%
9%
—
29 %
—
35 %
—
July
51
62c
4
——
—
-
Jan
Jun
July
Mar
9'A
25
"
Preferred
^100
Canada Foundry class A———*
Canada Malting Co—
—
*
Canada Packers Ltd
*
5 Va May
l'Ac July
6%
8%
106
Canada Cement common
Jan
13
5,700
.
28 % July
3'Ac
6
8
105
6%
8%
26
1.60
1,000
common
22'A
Apr
4%c
27/8c
—
Jan
Feb
17%
19%
11 11%
7
7
1.69
3?c
Kelvinator
46c
2%c
■;<
£
Calmont Oils Ltd™———
J
28'A Jun
2%
2,075
23% 23%
10% 10%
1.59 1.70
28c -if
25% July
Jan
17%
15%
-
Jan
Jan
6c
3,000
27,750
21c
18c
20c
l
High
Low
High
7c 7%c
1
Co—
Mines
Jason
14!A
23%
14%
—
Jun
Mining
Waite
7.40
4.00
7c
--J
10%
Jack
23%
.
39,690
5,500
6,735
8,500
11
19''Ac Apr
9'Ac Jan
10
3.25
6c
11%
—*
*
*
*
•
1st
Canada
11,000
610
''A 20
2,921
3,085
4,860
175
120
51,182
15%
Corp
Burlington Steel
Caldwell Linen Mills common
Canada
78,433
10
3.55
6c
—*
Buffalo Ankerite Gold Mines™-..
*
Buffalo Canadian Gold Mines
*
Building Products Ltd—
*
Bunker Hill Extension Mines———*
Oil
Brown
.lie
15c
17c
10 10%
25 % 25'A
25% 26%
21% 21%
21
26
28 28%
4
4%
46
51
50 %c
57c
10Vic
—
Mines
Gold
Bonetal
9%C
1
—1
Mines, Ltd
*
Cordage preferred——25
^Bobjo Mines Ltd
Mar
12c
Jan
8c
Range Since January 1
Shares
of Prices
Low
Par
High
Low
for Week
Range
Last
Sale Price
STOCKS—
Sales
Week's
Friday
Hiffh
Low
Par
Listed and Unlisted
-
Range Since January 1
Shares
of Prices
''
V
-
Sales
for Week
Week's
Range
Friday
STOCKS—
Monday, July 19, 1943
FINANCIAL CHRONICLE
$1,000
l%c May
3%
20
2.50
8c
26
24c
4c
Mar
July
Apr
8'A July
Jan
62'A July
Jan
Mar
Feb
4.20
Apr
10'Ac May
45
Feb
Volume
158
Number 4195
THE COMMERCIAL
Toronto Stock
& FINANCIAL CHRONICLE
Friday
Exchange-Curb Section
Canadian
Week's.
Range
Last
STOCKS—
Sale Price
Vinegars—
Cahadia,n Marconi
Coast
Low
*
Copper Co Ltd-.—^
-.—,—5
Consolidated Paper Corp
2%
*
1.35
.
5%
5%
6
■
115
6%
85c
500
.
1.55
900
6%
16,390
3
Jan
30
3
Mar
5%
;
•
?
Jan
1.80
*
Humberstone
Osisko
Feb
Pend
6% July
Jun
Shoe
Lake
common,
£££:
&
July
80
Jan
10
70
Jan
91
44c
Apr
4,900
29c
Jan
47c
Jun
5
May
5%
51/2
28%
1.50
1.75
11
11
11
—
Co—,
Mines
78
80
28%
%
Mines-—.———,
Oreille
High
115
1.60
..
13%C
Metals
V
25
190
:
Jan
8
13%cl3%c
Apr
1,000
1.70
1.80
26
30
9c
7'Ac
3,690
22 '/a
1,600
"
7C
-
6 % Mar
Jan
78c
10
26
Petroleum ordinary
Temiskaming Mining Co
2514
9,150
1.75
Supertest
6
Low
78
37c
43c
-
Co
Range Since January 1
High
80
Foothills
8% July
3% May
Jan
Co Ltd
Aircraft
Dominiori Bridge Co—-4_.
Oil & Gas
I
High.
Jan
Oil
Shares
78
Paper Box preferred-,
deHavilland
Range Since January 1
Low
8%
2%
214
1.55
,,
—•
-
Consolidated Press class A
Shares
High
8
—
1
for Week
of Prices
Par
<
Canada
Corrugated
Dalhousie
for Week
of Prices
Consolidated Sand & Gravel pfd..
Sales
•
Sales
Range
Sale Price
Low
July 10 to July 16 both inclusive, compiled from official sales lists
/Q'/v.;.;,/;Friday.
Week's
Last
STOCKS
Funds
30
1.75
l'l
Apr
1.05
19c
Jan
1.90
Apr
Jun
July
Jun
Jun
18
Jan
26
July
5%c
Jan
10c
July
OVER-THE-COUNTER MARKETS
Quotations for Friday July 16
Investing Companies
Insurance Companies
Par
Aeronautical Securities
1
Affiliated Fund Inc
AAmerex
American Business Shares
Assoc
Foreign
Stand Oil
Series
B-l
-10.
-
Series
B-2
_1
Series
Investlng.lOc
Shares
;
.—2
Axe-Houghton Fund Inc
Aetna Casual & Surety
Keystone Custodian Funds-
1%
Holding Corp
American
Par
,
—1
,
A Common
A6 %
Basic
preferred
K-2_.
Boston
Fund
Inc_
Bullock
Inv
..
Fund—
A8%
Forster
Forster
A7%
Fund
Inc
common.
series B
England
Firemen's
Franklin
10
Steel
U S Fire
U S
-
Fire
10
Insur Co of North America...i0
Trust
shares
^
Series 1956
A—1
Par
,
Bank of the
Manhattan
Bank of New York
2
Putnam
General Capital Corp..—.*
General Investors Trust——1
32.54
5.21
(Geo)
Quarterly
34.99
Inc
Vund
Automobile
shares
6.76
Building shares
Chemical
Fully
bond
7.50
6.50
Administered
General
8.04
6.82
—
shares
Electrical Equipment.
—
Food shares.—.
•
& Clark
Fund, Inc
Selected Amer Shares
Selected Income Shares
6.38
7.31
——
Scudder, Stevens
7.44
5.80
shares
shares.....
10.26
5.00
b.51
shares—
7.19
shares
7.01
6.99
7.51
Low Price Shares—.
6.47
—
Merchandise shares
5.88
6.12
;
shares
3.14
Equipment shares
3.47
4.24
4.67
Steel shares.....—4——-
4.62
5.09
Tobacco
4 22
4.65
4.22
shares
Income
/
Holding Corp—
Foundation
Common
1
Fund
15c
27c
Inc
1.46
Incorporated Investors
5
20.55
*
2.29
2.58
First
-
—
Securities
Oil
12.47
84
Insurance Group shares—
of
Union
Bond
Fund
series
B—
Quotations For II. S. Treasury Notes
C—,
::
Figures after decimal point represent one or more 32ds of
—,
Maturlty—Sep 15, 1943Dec 15, 1943-
Union Preferred Stock Fund-
Shares A.
Mar 15,
12.86
Int. Rate
1
Bid
%
100 3
Ask
100.4
100.11
100.12
tDec
15,
tSep
15,
1947
Investors Fund C
%%
%
1%%
100.13
100.15
Certificates
100.28
100.30
100
100.2
t%S Aug 1, 1943
f/as Nov 1, 1943——
1945-
%%
100.23
100.25
1945-
l1/*?*
100.18
100.20
1945-
%%
99.27
99.29
of
Indebtedness—
t7/as Dec 1, 1943
17/as Feb 1, 1944
*%s Apr 1 1944——————
$%s May 1,1944-
Corporations
& Co
AFirst
Boston
Corp.
United Slates
Rates
Treasury bills—
Commodity Credit Corp;
Federal Home Loan
11 %
Banks-
Oct.
1,
U
3
July 21,
July
Apr 15,1944
-
notes
Feb
1943-
28,
Aug. 4,
Treasury Bills
Ask
fo-r discount
•
——31
1943.
L
1943—
at
purchase
Sept. 2, 1943—;
Sept. 9. 1943-—,-;—.
1,1944
b0.37'
0.28%
b0.37
_d
0.30%
Sept.
b0.37
'
16,
1943
-
-
3.32%
Sept. 23 1943——
0.32%
Sept.
0.32%
Oct.
b0.37
—
b0.37
b0.37
Aug. 12, 1943
Aug. 19, 1943Aug. 26, 1943-
Housing Authority—
1%%
are
—
Reconstruction Finance Corp—
Feb
-
i./
quoted
Bid
%s
%
1%%
wi
%%
1
15,
Governmental Agencies
ttV»%
1
1946
100.16
—
point
Int. Ra
1946
100.14
%
tDec. 15,
IMar
Investment Banking
tMar 15,
1%%
-
a
Maturity—
1
1944-
Jun 15, 1944_.
Sep 15, 1944tSept. 15, 1944.
Wellington Fund.
1.24
12.58
United States Trust.
25.08
1
Bank
A_
Series
93
23.07
Trust—17%
Trust.
Trusteed Industry Shares-
13.67
America—10
&
;
1.60;
1.13
Guarantee
ASeries B_
A Blair
Co
10
Trust—
Mar 15,
...
Bank Group shares
Investment
Trust
Shares—
Ltd—
Aviation Group shares
National
Fulton
22.10
Independence Trust Shares
Institutional
&
D.
Stand
U S El Lt & Pwr
10c
—
Bank
Exchange Bank & Trust-20
Title
Series
A Huron
100
Trusteed Amer Bank Shs—
Class B—
————
4.65
Utility
shares
& Co Inc
Empire Trust
C_
ASerle$ A—
5.86
7.33
shares^.--^———-
ASeries
Trustee
(J P)
Public Nat'l Bank &
Investment Corp
a Series
,
,
5.32
6.66
RR
National City Bank.
12 %
New York
Trust—25.
Corn
Trustee Stand Invest Shs—
6.73
Mining shares
Petroleum
Railroad
Morgan
Continental
Super Corp of Amer AA
7.71
Industrial Machinery shares—
0.35
Investing6.83
25
Manufactures Trust Co com__20
Conv preferred
—20
7.91
i—
St
100
Lawyers Trust
—
Spencer Trask Fund
State
.—-10
Commercial National Bank &
Trust
,
Sovereign Investors
6.82
9.32
Irving Trust
Chemical Bank & Trust.
Group Securities-
Aviation
——100
Kings County Trust
Central Hanover Bank & Trust 20
Chase National Bank
13.55
Shares
Republic Invest
Guaranty Trust
Brooklyn Trust
Fund
5.61
Co.
,
Bankers Trust
Plymouth Fund Inc
Fundamental Trust Shares A__2
Agricultural
Westchester Fire——2.50
1953
Series 1955
10
Inc.
4
———
—
Amer
Series 1958
Invest
Fidelity & Guaranty Co..2
Guarantee———10
—>—;c—»——
North Amer Bond Trust
ctfs_
North
5
Series
Fundamental
U S
Hartford Steamboller Inspect.„10
Home
—i.
5
Railroad
•
Fund, Inc.
Shares
Fire
70%
Travelers
Railroad equipment
Fidelity Fund Inc...—;—
Foundation Trust
5
Oils
■
Fixed Trust Shares A
Standard Accident
10
——
373/8
131%
Metals
Equitable Invest Corp (Mass) .5
Equity Corp $3 conv pfd
1
Fund
stock
Machinery
1
Trust
.3
;
5.1'4
Security New Haven
Springfield Fire & Marine.
5
.
301
Seaboard Surety
Homestead
.
equipment
Insurance
St Paul Fire & Marine
5
10
American
Hartford
stock
Building supply
Chemical ———————
—1
Industrial
5
Globe & Republic
Great
Reinsurance Corp (NY)„;
Republic
(Texas)
Revere (Paul) Fire—...
—5
Fire..
Hanover
Electrical
Fund
Mutual
Newark.;
Glens Falls Fire
Aviation
Howard-
Financial
of
10
General Reinsurance
Corp
Gibraltar Fire & Marine
Fund
Indemnity Co
Providence-Washington
10
Automobile
25c
Fund
10
20
—
Fireman's Fd of San Fran
Agriculture
Bank
Stock
Pacific
Preferred Accident
Fidelity & Deposit of Md
series
106%
Phoenix
10
Federal
New York Stocks Inc—
.
Balanced
2434
P 5%
Paclfic Fire—.—
5
Fire Assn of Phila
Preferred stock series
New
..——2.50
&
River.
Northern
:
Low priced bond series
Insurance-
Diversified Trustee Shares-
First
shares
series
Income
Shares
—.
Northeastern
—..8
Continental Casualty
Employees Group—
Employers Reinsurance
Securities—
Security Seriespriced stock common-.
Bond
Delaware Fund..:—
D
North
10
Invest
Low
shares
B
..
Casualty.
New York Fire_
100
Connecticut General Life
Amsterdam
New Hampshire Fire
ov
87*
10
—
Cumulative Trust Shares—
Eaton
New
—
Fire
New Brunswick
.
City of New York
Fund
preferred
Dividend
61
25
.
Union
41%
2%
Camden Fire—
preferred—
&
25
—10
____
Bankers & Shippers
Boston.
Corp
ACommon
Surety
2d
Series ACC mod...—....
Crum
National
Baltimore American
National
AA mod.—
&
17%
American
(Md) voting shares
National Investors
AA
ACrum
10
Trust
(Colo)
Series
Reserve
Investors
Mutual
Accumulative series
N Y-
!',v
62%
Investors
Natlon-Wide
Corporate Trust Shares.—
Fire
1
10
Automobile
Commonwealth Invest
Consol Investment Trust-
Mfrs
Re-Insurance
Mass
com.
Preferred
&
.
National Fire——
National Liberty
Mass
Christiana Securities
Series
Merch
,
Casualty
American
Manhattan Bond Fund Inc—
Common——
:
Maryland Fund Inc
:
Ltd-
Fund
Century Shares Trust
Chemical
123s
16%
Ltd
Fund
Canadian
Maryland
Massachusetts Bonding—
Merchant Fire Assur
American
Loomls Sayles Mut Fund
Loomis Sayles Sec Fund
Broad Street Invest Co Inc.
13%
22%
Fidelity & Casualty_5
American of Newark—.2%
S-4_——
Knickerbocker Fund
N Y-
'\V
26
6
S-3
Series
Industry Shares
■■
Knickerbocker
78
American
S-2—.
Series
—
10
Alliance
Jersey Insurance of
59 Va
25
American
Series
,
36 %
American Casualty—
American Equitable
.
Series S-l
Bankers Nat Investing—
147%
Agricultural
B-4
K-l.
Series
-
Life
,
B-3_-i—_—
Scries
Series
,
■
—
Aetna
10
,—10
10
Aetna
.
0.32%
Oct.
30,
1943
7, 1943
14,
——
—:
—:
1943—
Federal Land Bank Bonds4s-
1946-1944
4S
1964-1944
3%s
3s
1955-1945
;
-
Other
U S Conversion
Issues
3s
1955-1945
3s
Jan.
1,
1956-1946
3s
May
1,
1956-1946
U S
Conversion 3s—-
Panama Canal
3s
•No
106%
108
130
%
par
value,
a
Odd
lot
sales,
b Yield
sCash sale—not Included in range for year.
bonds
are
subject to all Federal taxes.
price,
d Deferred
x-Ex-divldend.
A Quotations
y
delivery,
Ex-rights,
not furnished
r
Canadian
market.
tin default.,
by sponsor or issuer.
tThese
I
CLEARINGS
BANK
OF
COURSE
THE
Monday, July 19, 1943'
& FINANCIAL CHRONICLE
THE COMMERCIAL
280
•y .*■
'
clearings this week will
Bank
show an increase com¬
Preliminary figures compiled by
advices from the chief cities
of the country, indicate that for the week ended Satur¬
day, July 17, clearings from all cities of the United
States from which it is possible to obtain weekly clear¬
ings will be 29.0% above those for the corresponding
week last year. Our preliminary total stands at $9,686,-
pared with a year ago.
based upon telegraphic
us,
$7,506,175,786 for the same week in 1942.
center there is an increase for the week ended
of 42.5%.
Our comparative summary for the
601,060, against
At this
Friday
week follows:
,
'«•
"
•
>.■
BY TELEGRAPH
$4,412,282,221
$3,096,201,713
+
426.808.662
York
340,415,697
j-
208,101,404
+
9.0
29.5
171,796,523
147,400,000
Pittsburgh
132,683,619
+
109,500,000
+ 34.6
218,400,000
198,351,453
City
Francisco
Ban
477,000,000
25.4
+10.7
303,100,189
—
Louis
Bt.
176,215,000
+
Cleveland
cities,
All
Philadelphia
3d
5th
+ 37.8
6th
111,203,372
+ 12.5
+ 33.6
$6,242,110,633
1,264.065.153
+
29.3
11th Dallas
+
27.7
12th San
$9,686,601,060
$7,506,175,786
+ 11.5
Chicago
St. Louis
9th
Minneapolis
7th
10th Kansas City
+ 29.0
Complete and exact details for the week
foregoing will appear in our issue of
the
covered by
next ween.
monthly detailed statement of transactions
on the New York Stock Exchange is appended.
The re¬
sults for June and the six months of 1943 and 1942
Our usual
follow:
Description
Railroad & misc.
$1,936,896,900 $1,029,470,700
$227,204,900 $124,675,900
Foreign govern't
government
$236,099,100
Total bonds
71,476,000
4,866,000
$133,776,300 $2,004,9877000 $1,105,812,700
indicated in the following:
1940 to 1943 is
the years
No. Shares
No. Shares
York
New
Philadelphia
4th
Cleveland
5th
Richmond
Atlanta
Minneapolis
13,312.960
8,969,195
15,990,665
13,470,755
8,587,828
10,124,024
16,270,368
79,463,469
29,507,254
32,406,179
45,731,788
quarter
35,051,545
7,589,297
7,229,097
11,185,760
9,667,050
26,695,690
38,964,712
23,415,845
7,466,443
10,461,813
15,574,625-.
31,314,623
—1—
June
2nd
92,020,949
22,284,8.37
171,484,418
51,792,091
quarter
months
Six
The
—
the
since Jan. 1 in each
the subjoined state¬
country for the month of June and
of the last four years is shown in
CLEARINGS AT LEADING CITIES
1942
1943
(000,000
omitted!
1941
16,464
York- 21,026
15,483
-
<n
$
$
12,331
1940
1941
1942
1943
1940
$
$
$
$
y
.
122,861
92,545
88,784
80,187
10,510
9,483
8,304
1,984
1,768
1,720
1,367
11,381
1,409
1,311
1,195
919
8.986
7,867
6,796
5,754
2,668
Chicago
Boston
2,399
2,163
1,674
15,825
14,254
12,544
10,432
—
-
'+)„ Pliila.
Louis—
743
608
536
397
4,151
3.425
2,822
2,345
Pittsburgh-
1,134
969
783
563
6,160
5,231
4,266
3,325
Fran._
1,080
907
772
571
6,175
5,157
4,251
3,715
Baltimore
651
533
501
339
3,660
2.941
2,531
464.
402
339
264
2,671
2,321
1,895
632
498
388
4,690
3,593
2,809
-
+
9.3
+ 19.6
83,650,937
67,628,583
+
7.3
350,655,996
255,642,393
+
0.3
4.4
6,684,354.838
3,402,258,204
5,361,520,152
2,633,014,221
+ 46.6
432,735,813
329,599,338
—
,
177,650,960
16.3%, in the St.
District the totals are larger by
serve
Louis Reserve District
by 20.5% and in the
Minneapolis
In the Kansas City Reserve
District the totals register an expansion of 28.6%, in the
Dallas Reserve District of 31.2% and in the San Fran¬
cisco Reserve District of 20.5%.
Reserve District
The
by 26.4%.
■
+
27.7
+
10.4
2,289,432,549
+ 15.4
;v
1,095,652,191
1,415,179.711
16,053,344,633
1,936,027,903
12,824,339,874
1,772,225,022;
1,434,876,440
668,695,952
745,925,283
910,767,566
+ 15.6
j
$
6.6
+ 26.0
996,988,023
+ 16.3
2,952,222,365
+ 20.5
886,265,626
+
26.4
592,258,702
1,155,175,455
+
28.6
/
769,961,186
+ 31.2
656.801,083
752,384,685
513,584.148
1,756,460,203
3,956,174,534
0 ?
.<
%
+
17,085,105,668
2,521,791,412
2,374,854,189
1,010,981,516
1,215,211,091
3,401,132,004
2,739,582,575
1,168,848,493
V '< 1,531,265,433
v;.j,-VV;
'
Dec.
$
1,551 292,605
2,784,895,613
June,. 1940
June, 1941
Inc. or
June, 1942
/"'••,/
+ 20.5
1,428,549,970
1,073,535,968
989,111,123
♦; 1,191,794,984
' / 857,533,287
678,620,433
1,485,774,581
1,010,134,734 ; ;
2,116,043,231
2,227,193,923
641,433,641
•
.
yy 491,149,308
534,574,039
34,509,696,885
+ 22.6
24,240,996,435
42,317,028,545
31,052,412,164
189 cities
.l-—
-
—
Canada
append another table
We
21,290,406,497
18,045,041,692
+
J8.0
15,569,522,903
11.906,779,18*0
1,964,512,175
+ 22.5
1,909,208,248
•1,456,680,103
2,406,125,902
y'yyyyyyyyyy
;■
1st
4th
Cleveland
York
5th
Richmond
6th
Atlanta
7th
Chicago
:
-
31
7
16
Louis
8th
St.
9th
Minneapolis
-16
11
19
10th Kansas City
"
"
"
"
"
v
Uth Dallas
-
Francisco
12th San
Total
931
816
636
468
5,143
4,404
3,480
2,659
Minn'polis-
430
374
310
3,135
2,433
1,997
1,827
N.
Outside
559
349
277
216
160
2,038
1,584
1,279
1,367
1,085
765
472
8,455
5,737
4,211
242
215
156
1,714
1,419
1,228
928
Omaha
301
217
155
123
1,772
1,173
883
770
72
75
71
51
427
406
367
291
Milwaukee/
145
Buffalo
92,076,612.276
+ 10.6
13,182,848,258
+ 16.5
10,621,951,214
5,677,984,728
+ 18.5
7,342,874,855
+ 21.1
5,998,268.249
19,345,206,989
+ 20.7
16,359,585,622
5,770,774,042
3,835,902,934
+ 20.4
4,863,724,361
3,174,783,034
3,854,694,436
6,444,878,719
+ 33.7
5,304,585,960
4,577,334,988
4,649,761,933
9,776,644,254
+ 22.4
3,816,082,428
3,265,378,634
+ 23.9
7,887,843,059
6,641,950,655
4,890,510,009
+ 24.3
2,890,066,938
196,195,198,789
+ 25.5
176,181,950,430
152,646,062,129
103,649,404,020
+19.0
87,398,210,429
72,458,884,260
11,713,858,322
+ 20.9
10,183,136,500
9,100,987,731
2,864
276
+ 32.1
13,033,123,233
1,066
Louisville-
32 cities
J
6,795,738,760
83,099,828,096
10,984,866,166
8,382,53b,135
3,921,929,603
4,738,569,601
13,493,168,017
8,005,155,962
9,211,306,858
123,369,499,251
14,166,875,788
City
Y.
Canada
:
ft
$•-•
+ 12.8
14,917,057,512
246,231,379,368
189 cities
-
.1940
u
zZ194X
Dec. %
96,189.682,732
•
16,494,122,209 r
15,177,922,465
6,729,487,418
8,895,797,774
23,346,709,427
6,945,116,554 :/
4,767,711,462
8,617,112,225
5,693,403,320
12,111,437,323-
"
6 Months
6 Months
$
10,392,571,357
127,059,987,834
14 Cities
14 "
17 "
17 "
9 "
16 "
Philadelphia
four
Districts in the six months for
Inc. or
■
1942
,
*
' 4
1943
■•yyy-yzyy yy-.y y-z $
Boston
New
•
■
Reserve
6 Months
'/6 Months
yyy;/:
Federal Reserve Districts
Federal
showing the clearings by
years..
Cleveland—
N. Orleans-
Detroit
—-
y
Providence-
132
103
95
870
730
607
237
195
■■Z 150
1,474
1,309
1,072
163
143
115
1,109
950
780
699
177
147
125
1,284
935
868
766
—
223
Indian'polis
135
122
108
85
701
607
514
Richmond
293
260
17
175
1,446
100
1,027
clearings by months since Jan. 1,
MONTHLY
893
205
compilation covers the
The following
573
271
—
—
Paul
St.
Denver
:
141,248,117
•
15.4%, the Richmond Reserve District of 15.6% and the
Reserve District of 26.0%.
In the Chicago Re¬
1,653,641,900
21,821,339,175
2,367
C'y
145,860,059
113,957,237
157,941,673
198,520,724
0.7
Atlanta
6.6%
"
"
"
Outside ft Y. City
1,573
809
San
Z,
4.7:/yy
+
—
3,754,420,113
5
2,015
CincinnatiKansas
St.
385,717,162
32 cities
Total
3d
IN JUNE
—Jan. 1 June 30-
Month of June-
New
i
Francisco
164,176,103
484,060,754
,
102,386,500
June, 1943
>,
7 "
16 i "
---16 "
-.—....-11 M
-—19 "
>
*
2d
ment:
BANK
535,849,388
158,614,578
236,230,763
6.6
—
228,660,994
0.3
—
395,537,695
"
31
;
—
10th Kansas City
Ilth Dallas
63,720,802 126,966,815
,
at leading cities of
of bank clearings
course
785,334,429
"■
8.5
81,235,027
33,553,559
April
May
7,506,175,786
328,887,482
403,211,287
9.5
—
227,253,904
-17
9
16
;
-
9th
12,993,665
7,925,761
510,243,880
2,9.33.269,295
400,501,892
163,448,595
-17
—
i»
8th
36,997,243
7,525,632,261
3,590,852,991
14 cities
14 "
Chicago
St. Louis
18.032,142
24,434,084
215,019,846
of the clearings for
in¬
+;yZZ vvZyyzy.y;
Boston
2d
—
204,889,748
164,632,729
248,404,765
122,440.156
424,627,727
'
■
.
3d
—
495,284,253
497,158,189
Federal Reserve Districts
1st
9.6
584,304,806
532.230.669
8
4.7
+
249,323,693
308,843,623
3,561.376.803
—17.2
382,776,020
1940
,,/;•
•
$
Dec. %
District records an improvement of
Reserve
Cleveland
1941
Inc. or
3,882,344,650
Reserve District the totals show a
York
the New
In
/
.
285,480,257
gain of 27.2%, in the Boston Reserve District of
and in the Philadelphia Reserve District of 10.4%.
12th San
1st
CLEARINGS
1942
■yyyyyv'«z:y'y?yy
of clearings having been $42,317,028,the 1942 aggregate $34,509,696,885.
7th
February
January
I-
-
the 1943 aggregate
1940
No. Shares
March
of
Month
4.7%, but the Minneapolis Reserve District
increase of 0.7%. In the Kansas City Re¬
improvement of 9.3%,
in the Dallas Reserve District of 19.6% and in the San
Francisco Reserve District of 7.3%.
an
District the totals show an
serve
for the entire body of clearing houses of 22.6%,
crease
1941
No. Shares
1942
1943
.
of 6.6%
of
registers
For that month there was an
June.
6th
transactions in share properties on the
York Stock Exchange for the first six months of
The volume of
New
month of
1,673,900
406,900
400,200
bonds
66,416,200 ,
8,693,50 0
8.494,000
bonds
U. S.
the
and in the Atlanta
by 8.5%
The Chicago Reserve District
and the St. Louis Reserve
by 0.3%.
decrease
a
240,068,591
32 cities
„.—
We also furnish today a summary
the
1942
Bonds
bonds
records
District
284,634,650
111 cities
Canada
51,792,091
171,484,418
7,466,443
23,415,845
shares
1943
1942
1943
of
Stock, number
Reserve District
448,391,131
219,668,209
City
Y.
N.
545 and
Six Months
-Month of June-
Francisco
Total
Outside
t
-
Atlanta
1.614,433,510
week
-
Richmond
$5,040,818,428
1,201,292,205
day——
Total all cities for
12 cities
1?
"
10 '*
7
"
6
"
10
"
17 "
4
"
7
"
10
"
6
"
10
"
Cleveland
4th
$8,072,167,550
days—
five
one
Richmond Reserve District
1943
$
317.125,383
4,065,430.304
528,229,270
10
New York
8th
cities,
July
Boston
2d
125,063,081
five days
all cities, five days
Tot.
1st
$6,733,203,195
1,338,964,355
Baltimore
Other
23.9
ended
Week
Reserve Districts
Federal
z + 14.7
:
172,929,367
146,568,256
202,001,066
Ten cities,
Re¬
delphia Reserve District of 9.6%. In the Cleveland
serve
District the totals are smaller by 9.5%, in
42.5
528,000.000
Boston
Kansas
gain of 4.7%, but in the Boston Reserve Dis¬
totals show a loss of 17.2% and in the Phila¬
a
trict the
OF BANK
SUMMARY
+
Chicago
Philadelphia
show
I
are
Federal Reserve Districts:
following we furnish a summary by
In the
%
v
1942
1943
17
Ending July
''vy\
J.V*.• /. JS\<.'
CLEARINGS—RETURNS
New
the week
ends Saturday and the Saturday figures are not avail¬
able at time of going to press. Accordingly, in the above
the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which
we present further below we are able to give the final , <
and complete results for the week previous—the week
ended July 10. For that-week there was an increase of
0.3%, the aggregate of clearings for the whole country
having amounted to $7,525,632,261, against $7,506,175,786
in the same week in 1942./ Outside of this city there
was a decrease of 4.4%, the bank clearings at this centre
having recorded an increase of 4.9%.
We group the
cities according to
the Federal Reserve Districts in
furnish them today, in as much as
We cannot
they
*
/.'•
\
•
Week
located, and from this it appears that
in the New York District (including this city) the totals
which
-
160
Salt
L.
Total
126
325
235
1,725
1,020
871
764
540
2,278
81 y
172
Z
1,763
1,300
79
67
682
557
65
65
52
384
378
352
37,837
„
4,480
30,839 27,640 21,673
3,412
3,670
2,568
220,822 174,635 162,530 137,129
25,409
21,560
13,652
15,517
March—:—-—
Total 3 months
April
May
cities-
4,480
We
3,670
21,290 18.045
Out. N.Y.C.
now
add
3,412
2,568
15,570 11,907
our
25,409
21,560
123,369 103,649
13,652
87,398
15,517
72,459
6
for each
city for the
month of June and for
-Jan. 1 to June
First
1943
at—
Federal Reserve District—Boston—
$
1942
$
3,428,250
17,788,232
1,409,505,303
Portland
3,569,197
17,154,287
—
Inc. or
Dec. %
— 3.9
— 3.6
+ 7.5
— 2.5
Z/
4,178,527
1,311,265,634
4,284,767
Holyoke
1,974,022
2,097,180
Lowell
1,977,758
5,424,920
1,945,996
4,033,607
+ 1.6
20,112,922
17,064,034
11,595,168
65,141,692
27,003,736
6,924,400
+17.9
Mass.—Boston
Fall
New
River
Bedford
Springfield
Worcester
;
Conn.—Hartford
New
Haven
Waterbury
R.
H.—Manchester
Total
(14
3,171,025
75,648,900
2,930,062
.1,C53,641,900
1,551,292.605
72.637,700
I.—Providence
N.
11,750,483
66,779,175
27,330,722
8,216,800
—
cities)
—
5.9
+34.5
+ 1.3
+ 2.5
+ 1.2
"
+18.7
4.0
+ 8.2
—
+ 6.6
Dec.
$
24.2
+
16.5
18,045.041,692
+ 18.0
103,649,404,020
ij-19.0
22.6
+ 25.5
123,369,499,251
17,244,046,597
+ 27.6
+ 19.1
10 for four years.
-Week Ended July 10
Inc. or
1941
1942
$
$
%
+
51,286,347,077
33.2
1943
Inc. or
+ 15.7
17,873,299,281
17,073,968,654
+
the week ended July
30-
1942
1943
14.1
+
15.408,332,631
59,746,846,345
+
196,195,198,789
Inc. or
Dec. %
18,004,715,165
21,790,331,975
20,541,914,434
21,290,406,497
+ 39.2
32,601,399,614
34,509,696,885
246,231,379,368
months——
_
Me.—Bangor
19.5
—
—
Total
detailed statement showing the figures
42,317,028,545
Month of June—
Clearings
28.9
+
S
$
19,716,896,037
17,830,007,273
22,199,943,035
9.0
21.0
+
31.816,342,592
44,296,811,827
43,435,802,092
—
—
June
Oth.
97,267,759,698
314
96
66
cities-
+
+
34,941,485,314
28.515,301,937
33,410,972,447
fl6,181,737,904
February
394
454
_
$
38,119,462,247
34,999,433,469
43.062,841,188
January
yyy'
Dec.%
York-
1942
1943
Inc. or
1942
$
-Clearings Outside New
Total All—
988
117
C'y
Hartford
Oth.
Z
—
127
399
Memphis
Seattle
751
-
-Clearings,
1943
Month-
1943 and 1942.
CLEARINGS
$
Dec. %
800,073
—18.7
1940
/
$
636,127
19 ,075,123
+
0.7
780,440
960,111
19,208, 700
2,647,254
1,970,516
+
1.6
257,792,946
210,730,735
14.2
328,330,358
—18.6
+
3,654,005
267,328,115
940,231
—22.5
92 ,423,506,
4,713,681
93,907, 685
1,093,321
—14.0
-—42.3
-
7,867 ,04 J. ,768
24 ,228,621
8,986,159, 556
23,864, 680
,201,283
,886,654
12,445, 886
12
11,521, 360
11
29,247, 522
,803,624
98 733,616
22
113,423, 841
—
1.5
•
+
2.0
"565,174
1,096,830
3,999,611
12.1
897,364
4,739,396
—15.6
4,673,697
3,502,757
2.886,506
—13.4
3,409,875
2,436,239
14,588,973
+ 10.7
13,040,874
11.981,503
6,002,984
—17.4
5,536,697
4,547,772
18,058~300
11,144,000
702,521
545,273
308,843,623
249,323,693
+ 14.9
68 ,273,574
1.9
1.6
16,146,955
156,463, 360
'4.2
4,960,826
44
133,600
+
11.3
406
569,200
+'5.0
978,067
2,499,520
+
+
15 151,827
10,392,571,357
9,211,306,858
L
725,742
28.3
150 137,236
15,971, 082
'
.
"~353~674
326,106
378 647,226
427,004, 100
434,758
"
3.1
69,553, 247
49,113, 400
699,355
~
+
—
384,686, 938
'
849,264
+
+
5.4
+12.8
•
14,889,800
502,944
317,125,383
17,198~200
718,749
382,776,020
+
=3^:
-17.2
s,
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4195
-Month of June-
—Jan. 1 to June 30-
Week Ended
July 10-
*
1943
1942
$
$
Diearlngs at—
Inc.
or
1942
Inc.or
Dec. %
1942
Dec. %
i
Second Federal Reserve District—New York—
It.
Y.—Albany.
5,603,682
+ 14.2
4,930,877
4,913,361
+
0.4
4,245,414
3,907,500
+
21,026,622,048
47,117,983
Elmira
Jamestown
New
16,464,655,193
'H:;<
;
;;
-
.
York
Rochester
Syracuse.,
Utica
N.
J.—Montclair
8.6
280,827,949
.,
N.
J.
(14 cities)
6.9
32.8
3,934,779,270
7.0
9,263,108
162,905,332
149,608,841
+
32,078,029
+ 40.2
178,868,923
28,984,457
151,990,346
+
+ 56.7
10,305,416
658,298,968
888,473,268
+ 12.9
3,004,004
99,105,010
131,514,892
3,483,698
+ 16.2
17,085,105,668
+ 27.7
12,284.458 /
-
8.9
-
17.7
5,507,366
6,936,255
;
294,295
390,315
+ 12.0
21,515,515
792,577,874
+ 12.1
28,904,554
+
9.2
i.1
5,671,552
1,134,938
36,200,000
r
776,585
654,373
+ 1,117,136
3,434,748,060
11,636,484
2,831,079,389
'
856,588
\V:
5,649,852
8,525,430
4,989,750
+ 10.8
4,967,067
t24.6
+ 10.5
395,718
20,843,497
+ 12.8
29,347,470
29,347,470
22,887,497
3,561,376,803
2,933,269,295
19,473,516
25,625,358
21,199,667
$
7,675,290
6,259,531
—16.1
127,059,987,834
9.9
+
+ 24.3
1941 '
1,219,644
43,000,000
+ 10.7
587,740,666
:
23,150,956
21,821,339,175
;
+
+
+
'
+ 14.5
163,531,511
4,047,007
''
Oranges
Total
1,432,176
1,234,399
3,751,755,673
10,514,309
5,874,976
+ 12.1
25,162,990
-
or
Dec. %
7,212,779
26,391,056
:
5,061,087
108,915,677
Northern
26,111,707
■
1,571,618
51,000.000
-262,402,339
122,861,880,117
8.5
5,651,782
92,545,794,769
26,909,552
+ 27.7
'
*1,450,000
49,000,000
955,037
1,173,122
.
$
5.6
+
+12.6
,
'27,283.328
;
.
1,702,159
.
Newark
29,283,315
! -i
+ 64.2
37,604,155
1,309,315,654
+
29,789,263
..
238,904,809
39,725,746
1,474,981,671
>■:
43,409,013
5,795,722
38,264,832
———-
Conn.-—Stamford
392,298,592
+ 15.8
237,314,572
,
;
+ 269.7
6,487,271
271,006,531
Buffalo
:
i-i 29,459,272
108,882,880
Binahamton
.
Inc.
f.
3,882,344,650
4,417,186
388,255
Third Federal Reserve District—Philadelphia-—V:
Pa.—Altoona
2,209.927
•'•
Lancaster
2,034,666
+
8.6
12,193,485
12
+
8.0
24,508,247
26
2,434,116
+
7,5
14,568,550
12 ,857,820
11,408,989
11,671,654
67 ,774,373
7,208,595
5.2
71,203,062
41,161,949
43 ,542,350
2,455,784
....
4,187,916
6,833,959
......
4,524,818
2,615,647
Bethlehem
y? Chester' ■■
Harrlsburg
2,235,532
9.9
1.44*5*'728
13,692,249
13 ,615,751
512,000,000
14,432,185
15,825,000,000
14,254 ,000,000
...
J....
■
Lebanon
Norristown
2,401,762
+ 12.6
2,399,000,000
+ 11.2
6,476,502
10,925,119
6,073,759
11,074,702
7,762,694
7,792,574
Bcranton
...
Pottsvllle
Du
Bois
+
2,704,115
2,668,000,000
—
Wllkes-Barre
York
—
2.3
6,770,385
Philadelphia
Reading
V
—
1,436,742
Del.—Wilmington
34 ,509,580
1,472.063
70,030,142
65 ,822,518
2,727,441
36,483,972
30 522,269
1,165,748
50,811,003
45 229,851
1,606,051
+
9.5
8,387,168
7 ,397.448
+ 46.4
765,652
3,031,702
4,535,956
18,001,531
32,950,156
22,16*1,200
»,
641,508
467,800
6b0,029
467,556
+ 13.5
534,693
317,497
—19*1
1,650,362
1,343,696
9.9
494,000,000
387,000,000
—24.8
2,161,744
1,787,569
568,000,000
1,957,920
2,756,412
1,271,172
2,474,362
—
—
1.1
2,975,452
8.3
1,476,886
1,429,764
2.376,501
1,266,925
—35.1
1,760,106
1,405,553
—
—
•?:+4/':<4 135,214
7.0
16 ,996,791
144 ,614,306
+
—25.2
127,928,125
0.5
124,709,700
123 956,700
16,494,122,209
24,646,505
N. J.—Trenton
36,474,885
1.3
0.4
—
1,311.601
3,245,068
13 ,662,180
7.1
—11.8
575,000
+17.8
—
5,157,782
1,120,902
_._.w
.........
Hazleton
4.5
+
570,195
734,776
•
,240,133
14,917,057,512
22,056,500
+
4,426*600
4,383; 100
Total—(17
cities)
400,501,892
Fourth Federal Reserve
Ohio—Canton
?
District—Cleveland-
Cincinnati
„
Cleveland
Columbus
Hamilton
Lorain
—
Mansfield
...i..
Youngstown
„•
—
f
W-
*■
Federal
5.4
+
*1,500,000
1,393,276
7.7
+
+ 11.8
6,160,650,999
74,337,525
93,747,982
0.6
1,904,566
,
11,100.560
+ 21.3
14,204,040
.
,
<
,
6.032.420
.
8,480,607
.
+ +; '
;:""
''
•
!<•*'
.;
.
<;V;
;
•
3,502,568
50,740,620
13,464,598
15,880,109
5,993,531
10,104,605
:
i
3,505,442
4,888,850
17.1
1,112,263
969,223,811
-
v
3,505,442
8,628,144
—26.9
812,896
+
—
185,400,030
207,316,744
160,921,680
133,094,624
403,211,287
328,887,482
53,258,256
+ 19.2
15,177,922,465
448,391,131
.
J'.
X \
Reserve District—Richmond—
Va.—Huntington
4,954,877
4,180,608
26,998,000
Richmond
,
25,943,000
293,468,036
r^in(
260,025,584
C.—Charleston
9,828,869
8,447,780
•
Columbia
14,172,080
Greenville
13,145,629
+18.5
I 28,336,391
23,086,035
+ 22.7
4.1
159,683,000
143,160,000
+ 11.5
5,253,000
+ 12.9
1,725,018,819
1,446,853,820
+ 19.2
58,162,732
58,041,511
49,787,080
+
16.6
78,157,598
+
9.4
+
f.
+ 16.3
+
7.8
.
85,502,247
9,390,152
+ 21.7
56,064,478
533.0°2.396
+ 22.2
3 6Bn A.no oe;f)
1,961,555
_T
7,713,872
651.500.286
2,232,228
—12.1
12,855,515
13,225,483
156,484,638
Md.—Baltimore
156,2UU,419
0.2
94o,uli!,iu7
9jo,oi.x,o <4
Frederick
D.
3,503,789
14.315.401
2,739,582,575
-'V
2,522,193
65,532,436
110,901,392
11,429,700
10,529,700
2,385,132
1,134,944,134
r'
'";V:
■
3,705,454
6,543,492
89,408,023
44,407,111
Va.—Norfolk
B.
18,594,989
52,822,480
4,255,270
228,831,187
v...i
'
79,571,783
142,921,758
—12.7
+ 24.8
_..J
'
88,417,931
176,151,125
13,373,100
5.7
+
+ 21.3
(17 cities)..
+"•■•++.
3,046,793
82,856,333
159,978,454
11,220,600
391,912,100
—14.9
8.496.419
Vy
Fifth
10,557,812
15,094,099
...
Va.—Wheeling
Total
Akivr
1,212,099
34,369,848
...
w
3,344,702
12.1
+
10,303,659
.....
v
56.816.400
42,895,597
.
Greensburg
Pittsbhrgh —.U-.—
\ Erie
"OU City
Ky.—Lexington
.
2,671,413,179
5,143,288,657
+
...
...
...
Pa.—Beaver Co,
W.
+ 14.1
14,991,453
.....
.....
Newark
Toledo
,
84,448,871
+15.3
816,345,686
63,699,500
2,847,876
1,280,938
9,215,552
....
-
5.1
402,857,392
15,756,351
464,550,823
931,238,307
—
C.—Washington
Tptal (9 cities)
....
1,168,848,493
-
+
48,782,755
2,<U1 O90.RHT
'
+ 15.6
6,729,487,418
1,108,671
776,600
536,606
5,397,000
40,319,539
2,291,481
1,376,677
126,284,850
1,764,187
3,799,000
56,703,719
82,934,437
+ 14.9
+ 24.4
—
118,961,072
2.8
+
i.i
34,4187547
37,207,344
29,648*319
+ 18.5
158,614,578
Sixth
Federal Reserve District—Atlanta—
Tenn,—-Knoxvllle
32,050,060
^._r.
758,061,819
30,9e0,016
2,536,000,000
5,955,447
31,429,797
9,530,015
8,612,369
+ 10.7
57,226,488
64,402,634
104,500,000
2,152,300
93,000,000
60,400,000
2,048,206
^505,645
8,272,642
2.5
50,237,383
45,068,066
8,960,777
7,851,388
+ 14.1
51,960,510
43,005,925
2,323,045
194,380,189
134,200,904
+ 44.8
1,126,942,854
831,655,151
37,238,253
....
13,790,934
8,970,887
+ 53.7
81,921,100
+ 14.5
1,052,964,672
974,668,915
+
9.5
128,089,457
99,511,807
Montgomery
Miss.—Hattiesburg
4,124,117
—
12,489,000
10,648,000
•
Jackson.
2.1
38,785,270
72,972,000
+ 34.9
64,474,349
+11.4
17,049,136
657,800
277,929,330
+ 25.4
5,264,901
2,038,358,477
Arbor
2,463,740
.1,367,432,873
•
„
2,416,197
1,085,623,350
+
+ 26.0
15,504,513
8,456,100,675
13,766,483
5,732,890,164
6.882.199
+
0.2
46,211,283
43,843,200
+
2.0
+ 47.5
121,623,602
102,750,128
+ 18.4
26,028,193
4,827,584
+ 29.1
35,991,846
19,932,943
69,470,260
26,799,956
+ 30.6
84,951,593
4,143,616
.........
Gary
Indianapolis
8.2
+ 21.8
+ 29.8
3^933,761
+
5.3
22,517,630
21,707,320
+
13,415,765
^
...
11,766,533
76,274,085
65,899,403
+ 15.7
+ 14.0
4,090,669
*+*7*0
3,960,237
2,98~2l750
2,076,559
2,*981*510
—30~4
1,837*243
1,322,508
+ 34.3
3.7
2,909,615
2,876,821
2,306,575
1,904,040
25,392,000
—25.6
27,427,000
+ 21.3
2,944,604
—25.2
26,896,893
22,040,484
+ 22.0
141,086,052
123,089,095
+ 14.6
122,343,999
+ 10.6
+
+ 28.9
751,959,971
90,783,973
701,283,374
14,137,811
+ 25.1
4,210,193
32,395,406
+
1.8
34,111,000
3,471,400
216,285,213
187,544,943
+ 15.3
9,089,530
6,216,732
8,470,377
:+
7.3
8,311,483
52,273,174
132,dUci,t>70
+
S..V
28,153,394
2,154,070
+ 19.5
14.359.078
49,440,317
73u,o04,580
12,187,941
+
2,574,822
30,*361*578
3,898,646
3,778,243
+
3.2
921,982
818,794
+ 12.6
23,073,982
4,709,960
2 439 843
2,063,290
+ 18.3
8^999*985
/
135,355,981
18,221,115
32,992,570
*.
7,513,486
+ 19.8
„
Bend
Terre
Haute
Wis.—Madison
-
Milwaukee
Oshkosh
.
■
Sheboygan
Watertown
—
Manitowoc
'
.....
la.—Cedar Rapids
M<^nes
'
;•••';
+
24,912,810
+ 16.6
170,858,736
1.015.158
3,244,926
+ 23.7
5,722,932
18.127.079
2 427 997
2.575.200
5.7
12,829,067
+ 12.2
11,381,870,432
7.0
38,119,218
*
■
IH^-Aurora
<■
Bloomlngton
Chicago
55,584,214
4,012,434
City
58,121,199
1
.
nil
1,768,944,515
6,281,855
Decatur
1,984|621,'502
6,758,209
22,473,509
-•
...
StP/rKeld
Sterling
1
———
(31 cities)
1.1
„
'
7Q1
21,083,147
—
—
+
4.6
4,250,133
11,712,796
14,460,768
940,531
,v
,
23,696,503
49,734,320
29,053,298
v;
—
72,582,981
870,705,171
'
Ames
404,357
4,376,320
+ 22.3
145,488,445
South
164,176,103
5.4
6,233,005
....
City
~f
Rockford
+ 12.6
+
19,448,074
3,337,087
10,913,756
4,063,816
:
.—.........
Wayne
6,896,443
21,046,909
14,167,269
i...
—
Lansing
Muskegon
236,230,763
285,480,257
Distrlct—?ChIcago—•
.............
Detroit
Grand Rapids
Jackson
161,768
35,284,493
685,313
8,895,797,774
Seventh Federal Reserve
22,993,284
2,000.431
198,938
49,155,228
1,584,450,561
+
(16 cities)
Mich.—Ann
2,980,664
4,435,454
25.8
349,717,366
.
1,103,119
19,865,000
61,827,351
14,874,610
7,889,314
„
4,702,005
16,160,358
64,378,000
2,220,774
824,648
....
29,9~33l091
36,948,582
+ 17.3
2,474,553
Vicksburg
Total
6,193,860
10,646,432
Meridian :
La.—New Orleans
19,871,000
30,394*103
18,399,032
r,~658l392
57,881,992
157,545,255
20.141,332
6,060,771
Mobile
Sioux
—
180,382,178
....
Ala.—Birmingham
Des
7,011,241
914,160,581
2,991,400,000
8,065,713
Macort
Bay
165,703,988
17.1
+ 28.8
Columbus
Ind.—Ft.
203,990,596
+
„
Fla.—Jacksonville
Total
+ 30.7
132,700,143
408,600,000
...
Augusta
Tampa
24,519,393
155,351,470
526,400,000
Nashville
Da.—Atlanta
+
359,265,248
6.6
133,974,786
v
41,188,197
347,845,989
135,852,797
5,879,238
17,060,668
12,396,465
10,510,652,408
35,555,388
123,685,454
7.2
7,225,717
20,798,000
2,216,500
5,920,045
25,274*703
21,3801256
—10.1
1,527,968
3.4
11,309,965
3.3
4,962,736
1,226,123
9,652,699
4,167,967
5.7
+ 19.2
+ 17.8
—
2.6
+ 10.8
+ 23.5
+ 20.7
+
—
1,665,010
.
1,852,511
12,750,196
3.3
+ 25.8
13,195,231
6,420,292
6,217,160
518,684
408,563,261
—13.2
386,591
4.6
386,761
384,113,676
1,863,759
—33.4
304,783,183
1,335,336
973,396
—
+
2.7
+
6.3
+
3.5
450,472
,•+
8.3
+
7.2
389,969,881
1,241,129
+
8.3
6,965,881
8,535,120
—18.4
4.946,638
+ 11.1
1,993,438
2,438,009
—18.2
7.4
*1,850,000
2,230,949
—17.1
1,960,163
1,856,289
4,450,231
1,444,393
1,703,953
497,158,189
532,230,669
484,060,754
385,717,162
077
9,621,304
+ 22.6
57,577,384
8^23^814
8,727,677
+
1.1
48,251,174
b«4,uvo
889.673
0.6
5,478,289
4,975,563
+ 10.1
3,956,174,534
3,401,132 004
.+ 16.3
23,746,709,427
1* 345 206,989
+ 20.7
—
■
v
i.
—
51,831,697
44,930,605
+
—
6.6
ifll
n L-.t
•>
CHRONICLE
COMMERCIAL & FINANCIAL
THE
282
Monday, July 19, 1943
-Week Ended July 10-
-Jan. 1 to Juno 30-
-Month of June-
Eighth Federal Reserve
Girardeau
Cape
Independence
Kv.—Louisville
Tenn.—Memphis
111.—Jacksonville
Federal Reserve
Ninth
Tliilutli
ftxtriYi
4,317,000
District—Minneapolis—
^
"HI
Aberdeen
Rioux
Snrnn
780 000
1
Forks
5,889,675
14,215.997
"
Falls
1,356,289
Mont.—Billings
4 632 543
geTenaFalls
SUnm::
Federal Reserve
Tenth
iffiSS
470>658
12,805,627
2,808,897
11,723,044
+
2,367,154
76,495,073
8,009,000
6,515,421
+
25.6
+■
'.
8.0
+
32.7
+
8.1
+
41.6
+
32.7
+
11.7
8,757,819
31,312,841
+13.7
80,883,160
829,169
Neb.—Fremont
L?ncSns
■
immIom
mmim:
-
Parsons
301,242,566
J'Sgsjp
V1'
Topeka
29 536 362
Wichita
78,660,186
11,072,000
£
puebio
irueuiu
2.1
-4,166,213
96,252,422
40,3437269
+
1.1
31,3167183
2,890,392
3,227",028
—To! 4
3,212,758
2,5237843
1,322,099
1,3667536
~—3~3
1,'1397149
"8147877
910,407
985,348
"—He
'9667563
Toolsii
3,5237706
4,5971889
—2374
4,1947829
3,8307572
164,632,729
163,448,595
0.7
141,248,117
113,957,237
206,403
2.8
+
161,129
+ 28.1
118,393
114,166
173,866
147,582
38.2
+ 34.6
+ 10.4
y
28,351,371
27.5
+
7,229,608
5.2
25,353,467
24,140,803
+
5.0
15.4
30,333,082
23,140,000
+
31.1
,
+ 32.5
\
+
8.4
114,544,672
96,473,432
+ 18.7
36.2
2,517,180
1,866,518
+ 34.9
+
26.4
4,767,711,462
3,835,902,934
+ 24.3
+ 46.3
3,588,733
5,251,066
+ 29.7
183 364
240,831
+~ 5l9
38.7
1,772,376,716
+
31.3
+
**+ 20.5
3,747,754
3,514,269
+
6.6
3,115,902
61,736,105
52,204,721
+
18.3
36,783,334
31,934,830
—13.3
2,262,082
3.095,484
7.1
5,287,082
3,580,543
"+""7.3
125,"1377100
111,215,322
17.6
3,202,957
3,550,590
698,927
648,089
—2771
8717317
827,316
9.3
177,650,960
157,941,673
1.0
2,032/190
2,120,074
~+~2O77
20.4
6,595,672
5,704,568
+ 15.6
8.3
9,385,795
0.5
7,989,516
72,784,110
—14.9
—
63,608,390
14.4
2,358,570
2,720,035
43.3
147,822,315
119,786,527
+ 23.4
6,844,841
6,389,930
1.1
19,489,918
4,690,184,700
143,193,690
•:
4,073,108
23,303,314
—16.4
3,593,219,935
+ 30.5
166,721,869
155,321.7181
107,719,761
+ 32.a
4,754,507
4,044,522
1,009,875
1,638,899
+
_
+
+
28.2
22.1
+
1.1
+
24.7
305,076,188
—22.0
935,808,993
19,858,880
+
37.2
+
6.2
+ 10.2
26,008,233
1,284,214,415
21,086,958
10,364,679
9,727,840
+
-
1,155,175,455
+ 28.6
8,617,112,225
6,444,878,719
8.963.58G
6,635,036
+ 14.2
+ 29.2
68,602,063
51,240,134
35.3
2,559,188,698
+
23.4
99,05+000
82,0737644
67,0047472
+
2,073,531,923
51,0767000
+
44.0
228,548,195
182,408,173
+
25.3
+ 18.6
11,275,884
+
21.6
7.lTl".454
7,475.160
17.4
257,120,484
9.274,526
+
+
9.2
4,281,000
2,745,000
56.0
2,180,000
2,238,000
22.5
65,654,000
+
+
305,055,145
71,681,000
+
30.0
2,231,830,132
1,795,839,041
+
24.3
1,302,964
1,208,942
"+"7.8
1,5047539
1,034,905
4,32ll039
4,853,658
—ii76
3.8187282
3,684,446
122,440,156
102,386,500
+ 19.6
83,650,937
67,628,583
109 298
3,359,801
A71
2'ua'Jb
9
1,485,774,581
—
Federal Reserve
Eleventh
District-Dallas—
^
q'gicq
45S2U
"II'IIHI
F11 Paso"
::::::
Houston
Twelfth Federal Reserve
w!eaSf11lln8ham
'
——
District—San Francisco—
:
""I-I—
Yakima
SSfse
HUH
ntnh—Oeden"
fl?it Lake city'II
Ariz.—Phoenix
total
(187
York
V
+
52.5
43.7
+7.4
+
32.7
+
19.0
28,255,439
6,175,994,947
102,832,456
35,589,211
104,797,916
+ 32.1
+ 25.3
48.8
+
14,177,044
if
,
+ 20.5
18.0
Inc. or
Dec. %
London
1.6
180,355,604
24.6
165,397,760
62,668,989
+
11.6
48,604,813
74,755,284
.+
25,005,040
+ 41.4
20,706,761
+ 52.4
2,442,207
3,748,047
9,157,377
2,105,310
2,643,617
+ 16.0
2,984,620
Windsor
5,710,419
18,811,953
2,257,500
5,073,369
3,417,113
2,987,365
2,216,576
4,771,291
2,627,404
—
5,517,348
Moncton
3,669,584
2,927,683
*
Chatham
->3,500,000
.
4,989,587
,
2,406,125,902
6,677,372
+16.2
5,803,704
4,521,255
+ 35.5
3,535,870
7,829,552
+
9.2
6,941,687
8,155,039
"+ 41.8
„
+ 30.1
*:'i.
+
6,589,379
+ 23.8
5,779,091
"3,569,531
2,564,296
+ 33.7
1,988,187
+ 31.4
43.7
5,109,457
9,428,164
4.624,490
4,071,081
704,777
6,100,364
570,564
+ 54.6
15.1
+ 23.5
451,082
24.5
1,025,379
719,054
+ 42.6
536,776
449,639
2,214,863
+ 18.0
1,401,526
1,400.651
'
2,612,646
1,145,184
1,000,830
+ 14.4
694,432
520,088
8.7
1.494.726
+ 11.8
1,158,041
1,052,841
3.7
1,220,000
915,196
1,336,856
1,126,173
8.3
996,665
874,540
8.4
879,172
740,594
+45.7
365,537
212,867
—
7.9
—
12.8
1.078.727
885,434
+ 21.8
689,507
+
3.1
1,534,445
1,081,572
+ 41.9
850,086
811,659
1,429,982-
+ 23.8
1,200,843
1,071,302
6.6
3,384,837
2,442,193
2.2
1,770,051
101,815,629
+11.3
4,740,465
14,683,249
12,396,364
+ 18.4
8.8
30,116,521
28,504,590
+
20,748,245
18,336,325
33,256,360
,
.
+
5.7
+
396,952
331,111
1.1
944,673
1,047,835
5.6
811,807
+ 14.0
762,472
9.2
640,320
508,529
1,172,054
+15.9
1,129,136
1,081,363
535,849,388
+ 46.6
432,735,813
329,599,338
—
1,571,093
18,949,381
+
9.5
1,053,208
+
5.4
1,057,627
928,139
58.6
1,014,398
531,700
1.7
1,358,247
20.9
785,334,429
18,912,760
11,922,650
+
4.6
27,752,776
28,222,384
—
14,166,875,788
11,713,858,322
.
—
+ 22.5
.
+
rv.
727,340
"
—
608,800
'
i
1,964,512,175
655,470
—24.6
906,146
-
17,398,823
'•,
+
4,448,491
..
682,981
1,553,216
'
1,115,754
+ 57.9
+
•
372,149
+
7,900,027
33,978,474
7.4
—
998,843
542,189
36.6
113,365,933
2.0
+
.+
6.6
+
398,569
4.2
+ 18.9
—
2,602,594
25,340,220
,
26,127,224
'
1,806,151
2,896,764
+
+ -3.0
+
>163,059
20,324,G31
10,790,857
22,928,187
+
/
+
28,307,232
1.3
+
33.2
+
22,820,821
53.4
6,982,206
+
4.0
'+ 20.8
27,272,632
+ 12.5
10,035,556
4,158,602
+ 13.6
—
40,272,027
21,013,361
+
1,971,420
3,963,521
•
7.2
—
5,325,795
4,700,170
+ 10.2
+
—14.2
—
5,520.470
3,248,663
27,907,952
21,003,180
30,324,763
2.4
•'■■•
40,490,404
20,157,472
48,644,488
+ 32.4
13.2
•
2,670,383
2,257,213
4,127,013
15,991,484
19,915,464
- J
+
149,681,480
110,603,793
11,105,344
2.5
—
•Estimated.
19,049,095
66,166,682
43,659,230
15,960,555
+67.6
8,548,939
8.4
31,564,511
Kitchener
63,717,978
+ 30.7
6,126,715
14,800,436
4,746,024
+ 87.7
12.5
82,349,556
196,730,911
147,318,926
12,784,547
4,684,831
6,087,469
19,374,332
94,279,693
+
112,683,328
5.8
4,343,662
86,869,114
7,756,954
5.2
-
119,496,955
108.168,920
5.6
34.8
+
$
+ 44.5
+
+
1940
$ v.:
%
+ 41.0
1,886,209,243
135,432,246
100,162,072
184,903,734
+
1,947,554
Dec.
6
$
1941
Inc.or
1942
1943
Dec. %
2,316,727,228
143,014,825
—
•
-Week Ended July 8-
5.3
52,707,119
Westminster
3,402,258,204
73,041,637
5.2
Medicine Hat
Peterborough
Sherbrooke
4.4
28,255,016
+
4,086,497
1,269,437
3,860,424
3,754,420,113
52,523,018
+ 10.4
4,751,806
3,506,730
5,361,520,152
2,633,014,221
6,684.354,838
36,940,572
8,829,126
13,990,833
Brantford
Fort William
255,642,393
0.3
98,585,211
11,195,324 7
4,993,166
5,118,454
2,060,312
350,655,996
+
122,392,347
187,204,261
69,957,120
5,113,612
1,477,969
2,680,105
JULY 8, FOR FOUR YEARS
Inc. or
+
7,038,363
3,126,238
2,250,276
—
+ 22.8
35,365,708
■
3,590,852,991
+ 19.0
4,416,423
21.1
7,506,175,786
211,579,437
12,361,865
.
7,525,632,261
+
+ 27.8
+
'
cities)
25.5
9,776,644,254
196,195,198,789
103,649,404,020
1.4
+
+ 63.6
•7.3
l: + 26.4
+"62.1
143,840,813
+
551,558,778
29,541,389
-
(32
395,537,695
704,699,570
31,141,129
Jaw
Total
424,627,727
+73.1
24,237,351
17,821,479
Lethbridge
Budbury
+ 23.9
+ 30.6
108,257.270
211,907,971 :
3,393,877
208,239,000
'
+
160,394,902
150,039,348
27.6
—
Kingston
2,567,868
230,184,685
+
;
Albert
4,200,309
+ 13.2
30,634,693
Saskatoon
37.5
3,554,814,264
3,048,869,546
1,167,602,929
240,611 978
Regina
Brandon
76,201,340
+
8.5
+
209,788,000
3,500,380
1,441,025
4,025,016,721
3,854,813,456
1,574,598,177
6.2
36,809,409
—
—
Edmonton
1,745,261
H
3,745,401
+ 17.8
3,550,040
'
..
4,745,801
+ 17.1
3,324,113
3,893,519
6.5
—
227,629,215
$
6,710,094
25.1
+
V.
0.6
$
+
Victoria
+ 40.5
+ 32.8
JUNE, AND FOR WEEK ENDED
$
9,286,401
.
-Jan. 1 to June 30-
620,125,010
517,050.016
—
2.8
+
•
>
2.2
+
+ 21.3
1942
>
<
+ 34.2
—
+ 19.7
j
123,369,499,251
1942
'
+ 22.3
5,157,743,426
1943
18,756,048
33.7
+55.0
35,375,619
246,231,379,368
+
18,045,041,692
22.6
10.3
+
84,801,400
+,
12,111,437,323
+
1,756,460,203
34,509,696.885
3,952,208
Calgary
St. John
7,824,930
85,941,702
5,285,501
25,525,776
-
9,786,273
159,797,398
26,547,666
91,932,167
23,987,252
+
19.6
+
•'
77,537,427
35,261,686
4.2
13,087,625
343,573,763
Halifax
15,3471057
75,401,025
224,534,326
+
+
907,839,850
122,448,053
Hamilton
37,989,683
17,736^104
47,607,523
314,292,592
-
46,872,953
2.0
115,391,585
659,721,656
•
3.2
23,0281567
48,675,688
658,643,550
Quebec
66.248,433
22,335,138
682,221,838
$
Vancouver
1,388,832
64,157,777
v
43,272,211
1,472,384
154,891,011
1943
Ottawa
55,532.856
+ 45.0
40,.2
-Month of June-
Winnipeg
11.6
1,423,598
24.0
CANADIAN CLEARINGS FOR
Toronto
76,390,781
2,063,590
+
3,902.773
2i,Z»u,4Ub,*91
Montreal
85,266,605
+
+ 21.6
13,988,251
Canada—
29.2
+ 26.9
+
28,503,494
4,463,256
42,317,028,545
cities)-.
30.1
+
557,983,178
12,367,640
—
+
44,972,644
25.7
5.5
+ 22.4
1,434,218,182
25,345,021
+
+
15,825,302
1,763,471,491
32,760,923
13,809,000
21,091,955
Outside New
+ 10.8
.4,649,761,933
4,301,806
96,691,601
19,596.521
8,485,910
(19 cities)
Total
+
1,917,843,873
39,276,495
21 091955
Stockton
*
—38.4
—27.1
—
117,342,057
29.8
17,285,202
Barbara
Santa
28.8
+ 24.7
16,693,493
28,743,357
18,800,347
15.4
1,080,092,913
Hill
2,230,730
23.7
A :
5,179,615
Francisco"
tin lose
2,208.269
+ 38.6
+
iS'shi rr!
Fivprside
+ 21.1
36,964,529
+
Sf
Sf fch" iiiiiimimii::
SLmiiiiiimmiiii::
227,253,804
+
10523547
Calif.—Bakersfleld
248,404,765
,
37,600,354
12,517,000
5,582,469
117,544,814
-
+ 33.7
2,156,000
324:349,982
—
1,0757854
56,659,529
20,587,941
2,278,980,673
41,569,452
95.1
22.6
+
+. 5.9
"784,010
280,949,905
8,469,487
2,668,000
"
Eueene"
PoTtfand
+
+
2,074,104
325,637,686
6,208,972
6,737,264
7,994,069
5,693,403,320
+.31.2
769,961,186
V
"
13,701,116
110,896,064
1.9
+
19,207,158
1,010,134,734
26.0
14.2
+
267,139,805
24,560,504
+
2.7
+
3,965,641
20,818,120
31,842,653
13.1
+
—10.4
2,554,102
19,580,039
(11 cities)
+
4,730 954
LaT—Shreveport"IIIIIII
Total
—20.7
3,053,342
8 454 519
wTohtoMs"::::::::::::::"
25.9
+
334,248,000
30,243,659
44,488,616
11,355,000
304,481,733
43,536,250
52,220,079
II
Worth
&£*£
42,221,585
5,269,904
177,680,145
4,234.686
1,879,561
22^f^
:::::::::::::
cities)
^
6.5
g-irW
4
-—
f
2,827,751
+ 51.0
83,510,760
1,173,989,273
100,600,938
+
+
+
59
(16
Prince
0.7'
+
+
—
Texas—Austin
Beaumont
New
+
2,889.167
+
3,388,699
Wyoming—Casper
Moose
74,185,632
4,178,091
108,748,434
632,008,158
19,035,634
3,350,412
Carthage
Grand
145,860,059
571,023
Colo-Colorado Springs
Rnn
^6oo7OO5
198,520,724
8850412
—
Okla.—Tulsa
"J
%
63,433,147
5,457,769
•
Ft
"~9647600
4.7
23 247 230
Mo.—Joplin
Kansas City
St. Joseph
Total
"+"9l9
40,806,349
+
12,257,678
20,616,892
—
37,764,356
16,921,703
215,019,846'
—
-IIHIIII
Omaha
Kan.—Manhattan
27,683,354
4,208,771
+ 16.7
+
15,692^771
50,673,370
—14.9
11.9'
+
10,164,035
950,712,377
+ 29.3
217,252,991
1,010,459
1,415,750
—"479
110,971,005
+ 12.9
+ 28.8,
+
639,519
976,000
18.7
23.3
+
District—Kansas City-
90,500,000
9.2
+
678,620,433
857,533,287
cities)
(16
Total
i
"
204,889,748
20.4
+
93,793,066
2,433,260,724
12,170,380
1,257,000
1,175,864
5,274,960
12,503,685
1,048,838
3,897,257
4,012,820
16,183,058
345,478
152 909
n
86lT00P
-
+ 19.6
20,670,000
105,930,184
3,135,007,352
11,377,875
1,109,117,512
1
0.2
30.1
413,437
—
30,338,238
7.1
+
5,770,774.042
+
-
Fergus Falls
D.—Fargo
57.020,608
25,832,396
3.4
6,945,116,554
20.5
+
i
119,200,000
5.7
-r
2,841,662
24,722,000
54,211,352
+
4,759,595
3,043,377
6.8
2,244,794
winont
R
7.4
+
—
Rochester
Grand
26.1
+
H
22,100,332
430,396,597
1,724,877
163,866,056
22,058,192
i-
Minneapolis
N.
871,633,958
+
126,800,000
+ 17.0
1,419,969,861
989,111,123
1,191,794,984
(7 Cities)
4,595,511
1,714,621,423
1,020,129,669
13.9
+
$
2.3
—
123,900,000
+ 20.8
25,462,754
1940
1941
Inc. or
Dec. %
+ 21.2
3,425,436,212
26,905,894
571,087
.
4,610,000
Total
4,151,098,680
14.0
—12.1
881,002
160,£Io'Z7*
613,514
—
Quincy
+•22.2
+
1
%
Dec.
Dec. %
Vv;
242,864,265
127,424,702
276,625,985
-
-
608,802,172
4,250,895
742
4'^,529
'
774,453
Louis
Mo.—St.
$
$
District—St. Louis—
Clearings at—
1942
1943
Inc.or
1942
1943
1942
1943
Inc. or
4)
Volume
158
Number
,
COMMERCIAL* & FINANCIAL CHRONICLE
THE
4195
283
The Capital Flotations in the United States During the Month of June
and for the Six Months of the Calendar Year 1943
Total
corporate
aggregated
in
financing
$125,811,993,
May, the largest for
$138,513,000
23.8%
or
was
for
was
any
reported.
the
for
of
month
lative
June
$73,364,291
with
compared
as
month since June 1942 when
Of the June total $29,999,425
$1) of Gar Wood Industries, Inc.
.
nessed
.!
76.2% for refunding.
or
The
month
of
Issues
289,000 railroad securities made
.483,000 Pennsylvania,
3%%
mortgage
the
witnessed
June
Ohio
bonds,,
placed
$47,-
publicly
offered
D,
States
with United
with
refund-
ing outstanding bonds and notes, respectively.
of
in
month's
June
total
industrial
were
and
and
insignificant
an
portion
emissions
Co.
of
Delaware
7%
cumulative
ref.
SUMMARY OF
$
January,.
$
2,798,000
of
the
$9,500,000,
for
the
of the
New
7,517,000
month's
cor¬
of
June
ordinary
nanced
by
showing
the
is
different
monthly
revised to date.
as
The
as
11)43,
11)43 AND
11)41
Capital
Total
S
72,920,126
85,128,964
New
Capital
offerings
capital
Total
Refunding
sented
158,049,090
52,928,677
275,687,665
328,616,342
February.
11,330,000
1,865,000
13,195,000
56,708,875
18,900,500
75,609,375
56,943,229
38,447,228
46,549,770
95,390,457
227,012,100
79,085,120
273,561,870
39,209,300
118,294,420
86,634,370
115,287,655
201,922,025
71,071,229
47,829,228
118,900,457
208,714,121
143,238,764
351,952,885
186,112,817
617,987,420
74,902,000
95,686,940
18,527,000
May_,
28,620,611
73,364,291
29,999,425
63,874,177
125,811,993
107,180,735
197,102,123
76,827,430
61,685,570
138*,513,000
90,916,785
113,390,374
260,976,300
204,307,159
79,404,976
21&45#248
294,863,224
277,783,033
86,019,070
363,802,103
194,260,627
417,673,232
150,476,205
263,287,476
413,763,681
486,497,154
229,257,834
715,754,988
380,373.444
in
railroads,
and
made
totaled
27,509,976
'•
;•
•
Third quarterNine monthsOctober
60,229,326
47.069,170
86,628,380
includes foreign
of
each
DOMESTIC
64,618,000
327,402,743
58,882,086
34,264,713
74,427,157
161,391,300
L
69,173,850
183,729,412
408,736,626
322,446,837
of
Fourth
Twelve
899,484,400
7R9immn
103,661,200
89,427,250
43,845,700
46,280,000
6,679,000
13,530,876
20,209,876
14,717,010
66,328,990
81,046,000
23,830,310
quarter.
'•:!$<' !> >e
'}..•XV&'.i•
123,705,566
147,535,876
months.
624,883,026
422,137,250 1,047,020,276
•Revised.
oil
bonds
year,
com¬
Of
the
and note
$263,287,476
of
repre¬
past
cor¬
brought out in the
10
the
years;
ISSUES—JAN.
Preferred
second
1
TO
JUNE
30
Common
Stocks
Stocks
Total
$349,145,000
$29,137,393
$15,231,288
$393,513,681
97,045,908
,
14,102,205
715,333,113
1,257,492,300
144.024.525
14,517,271
1,416,034,096
933,136,300
124,821,590
45,166,731
1,103,124,621
804,060,500
92,089,240
50.229,838
946,379,578
643,868,695
29,962,725
5,133,595
678,965,015
1,239,,141,500
314,457,663
235,811,457
1,789,410,620
1941.
401,829,900
1940—
;
1
RRR 1 rw 4RQ
2147 917 .ssn
97,050,220
80,002,863
273,091,313
^
59,061,554
131,811,350
139,064,417
198,495,874
471,587,187
1,062,201,383
■
2,313,350,900
148.565.526
83,830,672
2,545,747,098
1935-...
200,711,420
42,384,100
-
1938——
536,909,000
26,496,800
6,079,000
569,484,800
1934—
:171,455,100
2,908,800
26,096,485
200,460,385
DOMESTIC
AND
FOREIGN
CORPORATE
CANADIAN—JAN.
1,556,603,363 2,618,804,746
I
TO
ISSUES- -INCLUDING
JUNE
Preferred
Notes
already noted in previous issues
$86,949,000,
show the volume of
we
the
Bonds and
In addition to revisions
In¬
corporations:
CORPORATE
—
1939
298,431,684
2,434.300
"Other
as
1937-——.—
731,183,463
.
*.
December
compilations
604,185,000
1943.
195,656,013
November—,
our
Of the total financing, new
Bonds and
133,697,550
6,018,000
601,052,716
of
1936—
32,719,350
30,436,500
114,555,562
fi¬
v
half
1942
58,600,000
■
been
recipients
others, $15,314,795.
$150,476,205, while
first
1,035,660,652 1.416,034,096
fi¬
$369,395,000, while the issuance
up
table
28,445,586
-
August—
September-
all
$44,368,681.
Notes
July
in
classifications
our
financing for the half
611.933.859
Second quarter.
is
chiefly to miscellaneous busi¬
In the tabulation below
146,650,400
5.806,500
115,641,003
103,648,100
39,469,665
June-
44,743,680
95,812,568
97,114,003
103,841,600
April.
have
largest
porate issues by types of securities
804,100,237
20,784,940
,
expansion
defense
the
included
went
refunding.
$
plant
Manufacturing," $174,197,486; public utilities
Date)
$
compared
chemicals.
$127,302,400;
corporate
-*11)41-
Refunding
corporate
Government,
and
stocks totaled
(Revised to
as
period of 1942.
From the beginning of the defense
panies, $10,000,000
brought to light in annual "reports and other places.
$30,644,932,044
like
facilities for
comprised
received
additional private financing
in¬
not the chief method employed for
was
months
dustrial and
figures will undoubtedly be necessary from
of
a
capital funds
new
nesses,
Further revisions
opera¬
New
being the aircraft industry, ammunition, ship
construction
of
amounts
times
the
these funds
tabulation of figures since Janu¬
a
total
industrial
program
$36,473,632 in May and
financing
figures.
by the Treasury for the first half
the past few years.
aggregated
corporate
by sales of corporation stocks and bonds to the
public, but this
or
March-
First quarter.
prodigious
nanced
14.2% in
or
$8,500,000,
the
$14,031,142,827 for
In
compares
Of the June total, $10,194,014
time, particularly
$
10,315,000
the
with
and $40,753,349 for refunding pur¬
money
present
we
1943
time to
BY MONTHS
$
June
92.1 % in January,
or
month
of
This
March;
—*11)42
Total
Refunding
Capital
in
compared with
corporate financing
-11)43New
34.3%
or
issues
as
new
1941,
ary,
cumu¬
CORPORATE FIGURES
for
Below
5s; $10,000,000 Kelsey-Hayes Wheel Co. 5-year 3s,
-placed privately; 60,000 shares (par $100) of 5%
23.4%
month
States Treasury's
in
through the public sale of its securities amounted
year
for the six
up
(subordinated); $2,500,000 Interstate Bakeries Corp. 1st
:
Eastern
than
incurred
poses.
debentures
income
the
the United
rather
debtedness
to
during
or
$32,394,124 in June, 1942.
was
$65,334,993, the principal issues being $35,000,000 Armour
&
Panhandle
2.4% in May, $13,600,000,
or
$32,800,000,
Municipal
the
footed
$29,450,000,
$50,947,363,
■>
"Other
aggregated only $1,450,000.
manufacturing"
$10,000,000
privately
36.3% in February and
Utility
issues
placed
$1,770,000,
April;
at
investors.
.Both securities were issued for the purpose of
of
found in
tions
(par
The month also wit¬
porate emissions, comprising five issues.
equip¬
3%
flotation
aggregated
;
'& Detroit RR. 1st & ref.
Series
privately
of
issuance
principally of $28,-
up
101% and $18,000,000 Canadian Pacific Ry.
ments,
the
Manu¬
stock
common
Pipe Line Co. 2%% debentures.
corporate purposes and $95,812,568
new
preferred stock of United Merchants and
facturers, Inc. and 200,000 shares of
30
Common
the
following
been made:
LONG TERM BONDS AND
Month
Classification
Add
Dec
Add
Dec
1942
Public
Utility
Add
Dec
1942
Other
Ind.
Add
Dec
1942
Other
1942
Public
Utility
&
Ind.
&
Mfg.
Mfg,
Issue
of
-
Telephone Co. 1st mtg. 3Vis 1955
Phila. Transportation Co. 2% equip, trust ctfs.
Kimberly Clark Corp. 1st mtge 3Vns 1953-55
*1,000,000
———
of
Peninsular
,*3,000,000
—————
NOTES
Name
*$400,000
——_——*696,000
■ w—_—
have
Application
Amount
.V
—
changes
Stocks
Stocks
Total
Nekoosa-Edwards
Paper Co.
serial 3 Vis
Proceeds
$29,137,393
604,185,000
97,045,908
14,524,080
715,754,988
1,257,492,300
144,024,525
14,517,271
1,416,034,096
1940
"Chronicle"
$369,395,000
1941
the
1943
1942
of
933,136,300
124,821,590
45,166,731
1,103,124,621
92,089,240
50,229,838
1,009,379.578
29,962,725
5,196,095
679,Q27,515
1939
1938
Add
Nov
Add
Dec
AND
Capital
New
Capital
1937
1,239,141,500
314,457,663
New
Capital
235,811,457
1,789,410,620
1936
2,351,350,900
148,565,526
83,830,672
2,538,747,098
26,496,800
6,079,000
569,484,800
2,908,800
26,096,485
201,660,385
1948-57
Refunding
NOTES
1
1934
,
1942
Other
1942
Ind.
Ind.
Other
&
&
Mfg.
Mfg.
*2,000,000
*500,000
Kendall Co. 2%% notes 1943-47—
Nekoosa-Edwards Paper Co. serial 3 7c
Jan
*
1942
indicates
Public
privately
Utility
placed
bonds
Capital
Refunding
1944-1947—
■
for
the
Municipal financing of $266,210,667^ for the firs^six
months of 1943
was
the smallest aggregate for any sim¬
ilar period since the first six months of
425,126
for
was
new
reported.
money and
1933, when $226,-
$151,193,581
was
for refunding pur¬
SUMMARY
OF
war
effort
MUNICIPAL
Half
has
Capital
Total
1941
FIGURES
a
49,289,682
(AS
10,666,000
57,236,250
16,914,500
49,616,172
21,804,016
New Capital
Refunding
Total
119 ,523,451
40,410,022
23,235,175
63,645,197
11,027,034
41 202,781
37,551,400
27,318,700
27,085,328
48 ,889,344
86,675,520
92,973,041
61,039,916
12,616,000
22,647,568
51,744,550
7,957,797
59 ,702,347
24,814,232
39,934,622
36,473,632
50,947,363
22.943.577
7,854,521
30 ,798,098
36,658,650
73,866,975
17,628,201
32 394,124
59,276,146
25,815,372
151,193,581
266,210,667
228,253,667
104,256,478
332,510,145
321,611,654
283,143,885
47,317,829
41,057,618
14,550,011
11,546,932
44,532,810
November i—
2,663,000
47,195,810
16,639,167
6,556,165
23,195,332
33,626,671
30,575,421
25,710,689
12,365,191
38,075,880
29,238,025
9,791,610
17,016,303
19,172,860
55,607,629
35,414,501
50,644,303
7,224,693
December
'
45,173,603
51,351,171
64,652,526
69,817,163
20,775,750
9,354,511
9,038,797
18,393,308
42,823,024
18,434,518
61,257,542
114,186,646
months.
12
RR.
1944-58
serially
14,000,000 Continental
12,000,000
Chemical
Corp., 2V2 %
serial
(refunding and new capital
2V*%
equip, trust certifs.,
(purchase of equipment).
series
N,
Dec.
Can
1,
(Edward
Co.,
1965
G.>
77,007,816
191,194,462
196,493,619
151,366,015
Inc.,
(general
Budd
3%
sinking
corporate
fund
debentures,
purposes).
Manufacturing Co.
sinking
fund loan
), due Feb. 1, 1948 (retire out¬
standing loans and provide working capital).
(average interest rate
604,755,539
36,593,053
—i.
*
&
1943-47
1,
85,091,518
—
Capital
Minerals
July
due
110,525,625
14,765,923
October
6
due
6,450,000 Pennsylvania
$
35,565,875
10,724,776
September
debs.,
due
40,753,349
July
August
International
purposes).
-1941Total
115,017,086
months—
(in
MARCH
10,194,014
10,031,568
time
20,500,000 Public Service Co. of New Hampshire, 1st
mortgage bonds,
series A, 3147c, due 1973
(refunding, reimburse treasury
for capital expenditures and other
corporate
REVISED)
64,870,100
179,648,561
100,974,538
.
Total 6
$7,500,000
revised to date:
as
Refunding
83.957.576
30,175,747
same
FEBRUARY
tabulation of figurs since January,
11,659,400
April
10,000,000 Erie
3 Va%
RR.
March
15,
secured
1944-53
serial
notes,
maturing
serially
(refunding).
APRIL
;
52,000,000 Puget Sound Power & Light Co. 1st mortgage
bonds, 4l/4%
series, due Dec. 1, 1972 (refunding).
20,000,000
Wilson
& Co., Inc.,
(refunding).
1958
1st mortgage bonds,
2%
series,
due
5;000,000 Eagle Picher Lead Co. 15-year 3'/a c/o sinking fund deben¬
tures, due Nov. 30, 1957 (prepayment of bank loans of
347,859,634
subsidiary
and
other
corporate
purposes).
MAY
months
.1.
flotations
months ended
$413,763,681,
June 30,
or
342,440,313
.
of
181,264,294
523,704,607
518,105,273
434,509,900
952,615,173
38,000,000 Public
series
issues
corporate
1943 had
an
$715,754,988 for the first half
'
<
of
the
six
total
volume
1942, and the smallest
period since 1934, when total
corporate emissions totaled $201,661,000.
for
aggregate value of
$301,991,307"less than the
for any similar six months
-
present
MONTHS
New Capital
principal issues of securities placed
purposes).
•f.V'/;'-
45,429,500
and
showing the different monthly amounts of munici¬
BY
46,570,250
?
May
of
we
pal financing
32,701,672
—.
June
Total
work
financing which would be
$
3,860,182
,
February
,
total
expended along these* lines.
Below
list the
JANUARY
municipal construction
the
s
January
Total
reduced
-1942-
Refunding
$
we
during the first half of 1943, giving at the
parentheses) the purpose of the issue:
interfered with
-1943New
March
Refunding
Year
therefore
Of the 1943 total, $115,017,086 was
It is understood that priorities for the
poses.
Telephone Corp. 4 y2% preferred stock.
issues.
Results
Large Domestic Corporate Issues During the Half Year
Below
Rochester
*2,282,609
_
172,655,100
New
STOCKS
Add
$413,763,681
New
„
1935
SHORT-TERM BONDS
$15,231,288
The amount of
financing, however,
pansion
in
industrial
boom is not
fense
and
was
a
not representative
activity.
normal one,
war
programs
but
The
one
The reflection of such
on
the
ex¬
7,500,000
our
de¬
5,300,000 New
'
•
by the United
account of the
Service
E
(John)
(pay
i
industrial
arising from
and purchases
Nations under the lease-lend
program
war.
present
of
boom
is not unnaturally
&
of
Indiana,
1st
Inc.,
1973
mortgage
bonds,
(refunding).
Co.,
15-year 3r/o debentures, due
bank notes and provide working capital.) v
York
Central
(equipment trust of
RR.
1958
2%
1943),
equipment trust certificates
due 1944-53 (purchase of new
equipment);
5,200,000 Chesapeake & Ohio Ry. 134%
tificates
a
Co.
3Vi%, due May 1,
Morrell
chase of
(equipment
new
trust
of
serial equipment
1943),
equipment).
'
due
trust
1944-53
(
'V
-c;
.
*
t
f
~ \
cer¬
(pur¬
'
•
(Edward
JUNE
cumulative Income de-
7%
Delaware
bentures (subordinated) due April 1, 1978
;
..
of
Co.
&
35,000,000 Armour
3%%
gage
Canadian' Pacific
dated
'
'i
'
ing).
18,000,000
mort¬
"D," due July 1, 1968 (refund¬
bonds, series
1,
April
ten
for
Eagle
due June 15,
tures,
deben-
10-year 2%%
9,359,993 Beatrice
Wheel
(refunding).
stock of no par value
tive preferred
cumula-
91,317 shares of $4.25
Co.,
Creamery
1,
loan due May
Co. 5-year 3%
(to provide for working funds).
1948
General
Gimbel
Hoe
&
2Vz%
3^4 %
of large blocks of
outstanding for some time,
of their holdings, prefer
public offering of the securities in¬
the European War, these
larg^ in some months, un¬
of the British Govern¬
extraordinarily
been
the American securities which it se¬
ment in liquidating
In June, 1941, legislation
authorizing the Reconstruction Finance
questered from its nationals.
enacted
Corporation to make loans to
foreign governments col¬
Under this authority
securities.
lateralized by American
large loans were made to Great
Britain by the Corpora¬
responsible for a marked re¬
tion and this evidently was
duction in the volume of secondary
offerings in the latter
and since as compared with
1941
half of
the first half
debentures,
Exchange
Stock
adopted rules providing for
ities which went into effect
on
1942,
29,
Jan.
"special" offerings of secur¬
Feb. 16. These special of¬
ferings have since been permitted on
We have included them along
course
the companies whose
ings
Chemical
&
Jamestown
due
Telephone
REPRESENTING
NOT
1943-1947;
1941
1940
due
''
<V
Parker
$
$
8,241,790
60,081,270
22,145,201
5,953,125
9,919,270
1,702.750
8,630,596
38,916.634
12,855,884
_______
14,726;274
28,876,706
Porto
82,102',729
279,655
3,162,305
10,080,151
bonds,
due Sept.
36,377,356
13,570,162
7,590,999
57,519,975 249,703,341v 62,943,144 35,231,363
143,497,621
mos.
•
1,
1967,
15,219,622
51,683,537
742,500
Co.,
3%%
Telephone
5,948,598
11,851,252
5,547,372
8,951,969
debentures,
2$, 080,297
5,714,434
1.5,529,803
security sales during /the first half of
1943
comparison with previous record¬
is evidenced by the presentation which appears
Since
we
started to
total
the 25 recorded in the period just
as
amount
of
money
also the smallest raised
our.
for
six
ended.
involved, $91,920,000, was
through the medium of private
records of these deals began.
months of
1942
$223,269,700, and for
issues
wei;e
placed
so
38
a
for
issues
1-30 Jan
2 years
for
of
the
largest for
any
$1,000,000
were
sold
privately
similar period of 1941
$538,562,300,
which
half-year period.
bonds,
4Vz%
bonds,
128
figures
of the total raised
by corporations
701,811,000
99.907
*0.369
704,732,000
99.906
*0.372
703,107,000
99.906
99.906
*0.373
Feb
5
Feb
10
91 days
12
Feb
17
91 days
Feb
17
Feb
24
91 days
1,041,767,000
1,114,274,000
1,053,727,000
6,402,093,000
Jan
21
Feb
1
1 year
1-28 Feb
1
10-12 yrs
Feb
1-28 Feb
12 years
1-28 Feb
2 years
897,702,465
700,206,000
*0.374
Va.
2,211,226,000 100
897,702,465
a
i
7,328,000 100
7,328,000
456,635,325
100
456,635,325
for
Total
_
February
6,382,747,790
1,394,541,000
701.274,000
99.907
*0.369
5
Mar 10
91
days
1,382,29 7,000
705,256,000
99.906
*0.371
Mar 17
91 days
1,302,725,000
802,171,000
99.906
*0.373
Mar 24
91
99.906
*0.373
Mar 31
91
1,329,871,000
1,101,144,000
802,051,000
Mar 26
days
days
805,048,000
99.906
*0.374
954,438,338
26
Mar
Mar
91 days
3
17,880,000
17,880,000 100
2
Mar 1-31 Mar
2 years
446,755,800
446,755,800 100
b
Total for March—
;
804,717,000
99.905
*0.374
803,925,000
99.906
*0.373
905,584,000
99.906
*0.371
*0.372
3,738,000,000
99.906
3,761,000,000 100
4,796,000,000
4,935,000,000
100
5,215,000,000
5,244,000,000
100
10-12 yrs
1,479,111,286
1,479,111,286
a
a
21,115,000
21,115,000
100
2
2 years
1,632,907,500
1,632.907,500 100
b
7
Apr
91 days
1,104,078,000
1,359,630,000
1,622,219,000
14
91
21
dated
Apr
23
Apr
28
31 days
91 days
12
Apr
15
21-26 yrs
12
Apr
15
7 Vz -9 Vz yr
Apr
12
Apr
15HVa
1-30 Apr
Apr
1-30 Apr
Apr
1-30 Apr
due
.
series, due
5,234,874,138
_
12 years
5
Apr
Apr
$1,500,000
a"'
954,438,338
12 years
1
Apr
$1,500,000
■a-*/"/
10-12 yrs
Mar 1-31 Mar
1
for
days
mos
Apr,iL__
901,753,000
1,585,836,000
•
:
___
-
2Vz%
2%
7/a%
20,489,112,786
5
91 days
1,388,528,000
901,706,000
99.906 0.373%
7
May 12
92 days
1,509,316,000
906,987,000
99.905 0.372%
Apr 30
May
sinking fund debentures, due
May 14
May 19
92 days
1,565,710,000
906,813,000
99.905 0.373%
May 21
May 26
92 dfeys
1,378,597,000
905,310,000
99.905 0.373%
Apr 19
May
1 year
1,655,000,000
1
May 1-31 May 110-12
of
CORPORATE
1,655,000,000 100
1,344,349,456
years 1,344,349,456
May 1-31 May
12 years
May 1-31 May
2 years
a
18,480,250 100
18,480,250
482,238,375
100
482,238,375
series, due
Total
FINANCING
for
7,120,884,081
May___—
Volume
volume
of
total
of
*0.374
99.904
*0.374
16
92 days
1,405 213,000
1,000,540,000
99.905
*0.374
Jun
23
92
days
1,374 628,000
1,006,087,000
99.904
*0.374
92
days
1,305 ,659,000
1.005,718.000
99.904
*0.374
11
Jun
18
25
Jun
30
Jun
1
$223,269,700 $210,664,850 $433,934,550
Jun 1-30
June
Jun 1-30
Jun
volume
55
31.2
63.6
128
£
of
99.905
909,267,000
2
Jun 1-30
87
1941—-Number of issues
Percent
904,992,000
1,437 153,000
9
93
38
___________
Percent
1,320 577,000
days
Jun
Juii
22.2
1942__Number of issues
Volume
days
92
Jun
4
Jun
Total Year
Jun
Jun
•_
$91,920,000
Percent of total
92
May 26
Last 6 Mos.
25
issues
41.4
■'
215
Total
for
volume
33.0
34.8
36.6
65
92
157
issues.,
Volume
$326,959,904 $507,580,385 $834,540,289
Volume
volume__
29.6
issues..
"30.2
30.6
66
Percent of total volume
of
137
71
$309,980,000 $418,577,500 $728,557,500
________
1938—Number
30.7
35.3
33.2
51
76
127
issues__
series,
of
volume
33.8
30.8
list of all private issues which we have
of the figures for the past several years:
24,524,000 100
468,074.650
100
have
on
53
$305,991,000 $150,311,094 $456,302,094
17.1
23.3
E
have
discount basis,
maturity,
are
a
10-year
at 74,
sold
Comprised of three sepa¬
maturity,
are
series F have a
Series
A-1943,
A-1945
and
tax
series
B, about 0.48%
June
series
at
series
B-1943,
100,
C-1945.
A
Series
and series C, about
earn
1.07%.
about
on
a
and series G
2%%
bear
and
A-1944,
sold
12-year matur¬
and yield 2.53%;
tf Comprised of six separate issues, designated Treasury
series
1.92%
interest,
of
notes
tax
B-1944,
series
a
series
year,
Sales of tax series A term¬
22, 1943.
117
issues
Percent of total volume
series
75, and yield 2.90%;
a
12-year
a
49,746,876,044
bank discount basis,
a
on
which
at
31.8
64
months
of
basis
$229,828,780 $450,683,000 $680,511,780
of total
468 074,650
a
6,194,701,253
six
•Average rate
rate
discount
inated
Volume
1937—Number
2 years
875,498,603
24 ,524,000
.
ity, are sold
1939—Number of
875, 498,603
12 years
for
Total
10-12 yrs.
$538,562,300 $418,775,000 $957,337,300
total
USE OF FUNDS
Type of
Total Amount
Security
Dated
Accepted
New
Indebtedness
Refunding
18.7
Jan
Farm Loan
and
Government
Intermediate
Credit
Banks
and
the Joint Stock Land \Banks.
also
small
a
.6
91
day Treas. bills
600,104,000
400,572,000
199,532,000
Jan
Agencies
Financing in this classification consisted solely of the
Federal
13
91
day Treas. bills
601,142,000
400,438,000
200,704,000
Jan
20
91
day Treas. bills
701,511,000
505,072,000
196,439,000
Jan
27
91
day Treas.
bills
702,344,000
504,529,000
197,815,000
Jan
1
XT,
S.
Savings Bds
1,259,291,921
—.
1,259,291,921
Financing by
Jan
Depositary
whic#h in the past decade reached
government agencies,
Jan
Tax
Total
Bonds.
Antic'n
for
Notes
7,265,000
7,265,000
—
452,898,075
452,898,075
4,324,555,996
1,810,611,000
2,513,944,996
Feb
3
91
day Treas. bills
701,811,000
500,044,000
201,767,000
Feb
10
91
day Treas. bills
704,732,000
501,485,000
203,247,000
of, during the emergency at
Feb
17
91
day Treas. bills
703,107,000
501,422,000
least, by direct United States Treasury issues instead of
Feb
24
91
day Treas. bills
700,206,000
501,722,000
by the sale of their
Feb
1
Treas. Ctfs. of Ind.
2,211,226,000
1,588,495,000
Feb
1
U.
at
a
that time
January
policy put into effect by the Treasury
new
provides for the monetary needs of these
agencies to be taken
care
own
guaranteed obligations.
S.
Savings
Feb
Treasury Financing in June
Outside
dated
of
issue
an
of
y
$1,347,000,000 Treasury notes
July 1 and which will be covered in
our
ulation, the Treasury confined its offerings to Treasury
the
offering
to
net
was
the
maturing
on
Depositary
Feb
Tax
On
June
Series A
of
Treasury bills dated June
16, the
increased from $900,000,000 to $1,000,000,000
Treasury
that date
was
about
was
$200,000,000,
the
sales
for $800,000,000.
terminated
of
as
Tax
as
~
the
Anticipation
new
tax, which went into effect
need for
the
on
issue
Bonds-
7,328,000
Notes
456,635,325
________
Antic'n
in¬
July 1, ended the
,
through the various regular sales of its
was
refunded $3,-
therefore better off to the
extent
$2,378,901,253.
In
the
7,328,000
__
456,635,325
6,382,747,790
3,593,168,000
3
91
day Treas. bills
701,274,000
{ 503,206,000
198,068,000
Mar 10
91
day Treas. bills
705,256,000
504,821,000
200,435,000
Mar
Total for February-'
Mar
2,789,579,790
91 day Treas, bills
802,171,000
600,722,000
201,449,000
91
day Treas. bills
802,051,000
600,709,000
201,342,000
Mar 31
91
day Treas.
bills
805,048,000
602,950,000
1
U.
S.
Savings
Bds
954,438,338
17
Mar
Mar
Depositary
Mar.
Tax
Bonds-
tables which follow
financing activities in 1943:
outline the
446,755,800
—.
5,234,874,138
2,812,408,000
2,422,466,138
Apr
7
91 day Treas. bills
804,717,000
600,104,000
204,613,000
Apr
14
91 pay Treas. bills
803,925,000
601,142,000
202,783,000
bills
.905,584,000
901,753,000
3,761,000,000
701,511,000
204,073,000
Apr .21
91 day Treas.
Apr
28
91 cay Treas. bills
Apr
15
U. S. Treas. Bonds
Apr
15
U. S. Treas. Bonds
15
Treas, ctfs. of
Apr
1
Apr
we
17,880,000
446,755,800
March____
for
202,098,000
954,438,338
17,880,000
Notes
Antic'n
"
pay-as-you-go
securities in June raised $6,194,701,253 and
of
897,702,465
Notes of
this type of security.
The Treasury
622,731,000
897,702,465
Mar 24
issue
22
Bds
201,685,000
198,484,000
;
July tab¬
bills, U. S. Savings bonds, depositary bonds and tax an¬
815,800,000 and
;
1,301,770,000
Apr
private deals were 31.2% of the
reported in the first six months of 1943, together with a
summary
b
91 days
9
debentures,
1st mtge. bonds, 3%%
& Power Co., 4%
(April).
PRIVATE
In the
total.
a
:
3
Total
Washington (D. C.) Gas Light Co., ref. mtge. bonds, 3%%
1963, $4,750,000 (March).
The volume
through sales of their securities in the period.
Following is
100
452,898,075. 100
7,265,000
4,324,555,996
January..
16
Co., 10-year 1st mtge. 4V2% bonds dated March 30,
1943, due March 30, 1953, $350,000 (April).
come
first six months of 1942
1,259,291,921
Feb
Apr
During the
private transactions in the first six months of 1943
represented 22.2%
J
a
a
29
Jan
Total
were
*0.370
452,898,075
Jan
Apr
United Specialties
With
first
99.906
7,265,000
1
3'^, V
<
.
ticipation notes.sales since
12 years
May
tabulate such transactions
separately, in 1937, no six-months' period has produced
few issues
<
1958,
serial
1941, as
marked decrease both in volume and number of
"below.
4,
'i
huge proportions, disappeared altogether since October,
Private Sales of Securities in the Half'Year
as
due Feb.
15-year 1st mtge.
Co.,
Superior Water, Light & Power Co.,
1973, $2,500,000 (April).
1,164,950
131,026,646 389,569,510 126,330,104 66,876,758
individual issues in
10-12 yrs
1-30 Jan
Apr
Signode Steel Strapping Co., 3% and 3%%
July 1, 1943-1953, $1,000,000 (Jan.).
amount by
a
1-30 Jan
Jan
Apr
^
' »
5,259,100
*8,609,530
15,411,919
Private
r
(April).
1,250,175
November
Total cal. yr.
serial notes (fourth series),
y
,
14,499,172
October
December
$2,-
1958,
(April).
3/757,564
25,487,816
11,096,982
__
7,127,500
29,858,878
11,885,555
September
16,782.675
13,943,995
_______
1,
(June).
f,'
t
Volume
August
eb.
due
Prosperity Co., Inc., debenture notes, $750,000
251,500 12,199,818
16,191,866
*0.366
702,344,000
1,016.768,000
1,259,291,921
Apr
Penick &
Rico
5,721,524
20,830,370
91 days
Feb
Co., 10-year 1st (closed) mtge. 4Vi %
1943, due April 1, 1953, $1,000,000 (April).
Percent
The
debentures
(April).
2,525,698
56,800,664
:
May
as
4%
notes, due 1953, $250,*
notes,
Light Co., 3%
$750,000
'i
,
Percent of total
3,294,562
34,005,577
April
1,
B.)
$
■
91 days
27
($3,000,000
Appliance
April
(S.
1958,
,
.
ings,
debentures
$3,000,000
1st mtge,
15-year 2%%
Gas & Edison
May 31,
'
.1939
$
5,215,128
20
Jan
debentures, due 1953-1956), $7,500,000
3%
Corp.,
Gssv & Electric Co.,
500,000 (Feb.).
1940—Number
NEW FINANCING
1942
7,798,682
___
_____
Jan
22
Mar 1-31 Mar
Volume
18,847,200
January
February
show
1955,
(Jan.).
New Bedford
securities are involved
$
■July
April,
First 6 Mos.
1943
Total 6
due
Kelsey-Hayes Wheel Co., 5-year 3% loan, due May 1, 1948, $10,000,000
!
June
1,
July
serial
*0.363
701,511,000
99.907
Mar 12
$1,COO,000
present the results in the table below:
March
$450,000
•
1943—Number
these have no place in our
ISSUES
15
Jan
Feb
Corp.,
*0.357
99.908
Mar 19
part of the proceeds of the sales.
no
as
600,104,000
601,142,000
1,242,588,000
1,228,004,000
1,306,648,000
other Exchanges.
Such offer¬
compilation of new
issues, but we have tabulated them separately for what¬
ever interest they may have on their own account, and
receive
91 days
Feb
31,
Dec.
1, 1963,
bonds,
Telephone Co., 10-year 5iA%
with the secondary offer¬
ings in our totals for 1942 and 1943.
Of
(May).
(June).
1958,
York
New
91 days
13
Total
>>
Minerals
Superior Water. Light
:
of 1941.
The
1943,; due
16,
12-year 5%
mtge.
1948-1952; $1,500,000 4%
000
offerings
doubtedly due to the activities
6
Jan
certificates,
trust
due June
20-year notes,
1st
Lynn
was
(Feb.).
1,.1953, $520,000
Jan.
Yield ,:
%
,
(June).
After the start of
Jan
8
Feb
Inc.,
(May),
Continental
Iowa
volved.
had
dated
due
(Feb.).:■'!?,
Co.,
International
desiring to liquidate all or part
by making a
'
(Jan.).
happens on occasion that owners
so
<
fund debentures,
equipment
Corp.,
notes,
2% ft
$1,300,000
31
Jin
,
due
to do
Transportation
Hingham Water Co.,
(June).''
(R.)
Representing New Financing—-
securities which have been
'
\
,
serial debentures, $1,000,000
serially Nov. 4/ 1943-May
Inc.,
Bros.,
1967,
Special Offerings
It
$5,000,000
due
$1,250,000
Issues Not
sinking
3 J/2%
(April).
15-year
Steel Co., 4%
American
37,
series
*
10,000,000 Kelsey-Hayes
1957,
Firth Sterling
(construction, etc.).
1953
30,
Co.,
•
,
Line. Co.
Pipe
Eastern
10,000,000 Panhandle
Lead
'
"
Price
99.910
$ ;
•V.-'-:
Jin
debentures, due March
Co., 15-year 4%
Accepted
Applied for
Due
Dated
Jan
$2,050,000^ (March).
Picher
Nov.
(refunding).
years
$14,000,000
1,; 1958,
*
months
Inc.,
due Dec. 1,
debentures,
sinking fund
3%
(March).
Co.,
Dayton Rubber Manufacturing
certificates
$900,000 each six
serially
maturing
1943,
', 1965,
Can
Offered
Dec
ui
Continental
trust
equipment
3%
Ry.
equip, trust certificates, dated April 1,
Amount
Amount
Date
1943,
maturing serially $900,000 each six months for ten years, $18,000,000
(June).
UNITEl!) STATES TREASURY FINANCING DURING 1943
(average
(Maroh).
1, 1948, $12,000,000
due Feb.
Canadian Pacific Ry., 3%
(refunding).- //
Detroit RR. 1st and refunding
28,483,000 Pennsylvania Ohio &
sinking ' fund loan
Manufacturing Co/
Budd
G.)
interest rate 4V*%)
s
Monday, July 19, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
284
Treasury's
Apr-"
Fatal
U.
ind.
1,479,111,286
Bonds-
21,115,000
1,632,907^500
Depositary
Tax
for
Antic'n Notes
April
—
20,489,112,786
199,409,000
3,761,000,000
4,935,000,000
4,935,000,000
5,244,000,000
S.. Savings Bds
702,344,000
5,244,000,000
___
1,479,111,286
—_____
—
—
____
'
21,115,000
1,632,907,500
2,605,101,000 17,884,011,736
Volume 158
Number 4195
THE
COMMERCIAL & FINANCIAL CHRONICLE
USE OF FUNDS—Continued
Type of
Security
Dated
91
day
day
day
day
92
92
92
Treas.
bills
Treas. bills
Total
for
Notes
day Treas. bills
92
Treas. bills
92
Treas. bills
day
day
day
92 day
U. S.
Total
Treas. bills
BondsAntic'n Notes
482,238,375
701,274,000
198,369,000
802,051,000
204,036,000
805,048,000
Rollins
&
Starkweather
.
&
Co.;
Boycs; Stern Brothers & Co.; Stifel, NicoInc.;
Stix
&
Co.; Stone & ;Webster
and
working
•
875,498,603
24,524,000
468,074,650
1, 1958.
Purpose, refunding ($2,218,875),
($281,125).
price', 100 and interest.
capital;
)
1,000,000 West
Disinfecting Co. 3% % 1st (closed) mtge. & coll.
fund bonds, due June
1, 1958.
Purpose, pay
mortgages ($337,700), general corporate
purposes
($662,300).
Price, 100 and int. Offered by Coffin &
Burr, Inc.
sinking
2,378,901,253
$38,800,000
six months.-—
49,746,87^044 19,101,944,000 30,644,932,044
1943
LAND, BUILDINGS, ETC.
$114,000 Congregation
•INTRA-GOVERNMENT
FINANCING
Issued
Retired
Net Issued
JanuaryCertificates
....
of
St.
Leo
the
Great
Roman
Catholic
Church, New Orleans 1st & ref.
2-2(4-35, due semi-annu¬
ally, Dec. 1, 1943-1958.
Purpose, refunding. Price, 100101 >4
according to maturity.
Offered by Weil & Arnold.
.:x
124,000 Congregation
of
Our
Lady Star of the Sea Roman
Catholic Church, New Orleans. 1st
& ref. 3s, due semi¬
annually Dec. 1, 1947-1958.
Purpose, refunding.
Price,
100-101 (4
according to maturity.
Offered by Weil &
Notes
\
H.
Offered by H. M.
Byllesby & Co., Inc.; A. C, Allyn & Co.,
Inc.; Central Republic Co.
(Inc.); Farwell, Chapman &
Co., and Stern Brothers & Co.
200,670.000
——
3,815,800,000
.
&
Co.,
June
204,011,000
$,194,701,253
&
E.
Schoellkopf, Hutton
Singer, Deane &
Co.;
2,500,000 Interstate Bakeries Corp. 1st (closed)
mtge. 5% refunding
bonds, due
203,718,000
802,171,000
468,074,650
,
Co.;
,
705,256,000
'
Gardner;
&
Witter & Co.
2,656,028,081
1,005,718,000
875,498,603
24,524,000
Savings Bds.
for June
Total for
——
4,464,856,000
&
Rothschild
300,000 Dairyland, Inc. 1st .serial
4(4s, due June 1, 1947-1953.
Purpose, refunding.
Priced from 100-102,
according to
maturity.- offered by Dewar, Robertson & Pancoast.
18,480,250
1,006,087,000
i
Depositary
Tax
205,104,000
—
Reinholdt
P.
Blodget, Inc.; Stroud & .Co., Inc.; Swiss
American Corp.;
Union Securities
Corp.; G. H. Walker & Co.; Wertheim
& Co.;
White, Weld & Co.; Whiting, Weeks &
Stubbs,
Inc.; The Wisconsin Co., and Dean
1,344,349,456
904,992,000
909,267,000
1,000,540.000
•
Treas. bills
203,706,000
700,206,000
Bros.
laus
1,655,000,000
7,120,884,081
92
199,895,000
202,255,000
703,107,000
905,310,000
May-
92
701,811,000
704,732,000
1,655,000,000
1,344,349,456
18,480,250
482,238,375
Bonds
Antic'n
L.
Pomeroy, Inc.; Schwabacher &
Scribner; Smith, Barney & Co.;
Stein
ctfs. of ind.
Depositary
Co.;
Inc.;
&
Indebtedness
Refunding
901,706,000
906,987,000
906,813,000
U. S. Savings. Bds.
Tax
New-
Accepted
Treas. bills
Treas. bills
Treas.
Putnam
Sons,
■
Total Amount
r
Total January
Arnold.
February—•
•y, Certificates
$238,000
.
Notes——.
Total
for
OIL
$10,000,000 Panhandle
February.
tures,
.
March—
Total for March.
AprilCertificates
*
Notes
Total
OTHER
for
4
Certificates
414,869,000
for
June
for
six
♦Comprises
4,191,000,000
531,097,000
590,602,000
5.394.699,000
a
months
sales
4,722,097,000
5,127,196,000
672,602,000
1,839,291,000
Stocks
(Preferred
6,966,487,000
notes;
are
and
Notes
_■'
six
1
4
Pacific
April
Ry.
1,
for
months
3%
1943,
&
Later
years,
j Purpose,
privately in the United States:
.
'
refunding,
Sold
i
•
to yield
to 2.357*
&
Jj'
,
Co.
from
1%
according to maturity.
Offered by Blair, Bonner
purchased the certificates from
the RFC.
1953.
Purpose, refunding.
*750,000 New
Bedford
(fourth
102.44
Gas
series);
$750,000
notes
and
Life
&
May
used
int.
Co.
Lights Co.
31,
3%
1958.
notes,
OTHER
tures
to
Life Insurance
INDUSTRIAL
& Co.
Byllesby
Clark
of
AND
Co.
and
Co.,
and
stock
Inc.
(par
60,000
$100).
by
Dillon
Lehman
&
Co.;
Brothers;
Hornblower
Blyth
&
shares
Purpose,
modernization
$104
&
Co.,
Weeks;
per
Inc.;
Stone
&
Co.;
&
Co.;
Bear*
Stearns
&
Riter
Co.,
&
and
Co.;
Piper,
MISCELLANEOUS
•
Phoenix Mutual
Insurance Co.
(par $10).
surplus.
Price,
$30
of
New
Purpose,
Haven•. 50,000 shares of
to increase capital and
share.
Underwritten
for
Offered
per
to
stockholders
subscriptions
by Charles W. Scranton
Co.; Smith, Barney & Co.; Putnam &
Co.; Day, Stod¬
dard & Williams,
Inc.; Edward M. Bradley & Co., Inc.;
Cooley & Co.; Estabrook & Co.; Huff,
Geyer & Hecht,
Inc.; A. M. Kidder & Co.'; Mackubin,
Legg & Co.; Paine,
Webber, Jackson & Curtis; Brainard. Judd &
Co.; Robert
cumulative income deben¬
Purpose, refund¬
First offered, to
exchange for debentures,
A
exchanged was offered publicly
&
The First Boston Corp,; A. C.
Allyn
Whipple & Co.; Baker, Watts & Co.;
G. Becker & Co., Inc.; Blair, Bonner
Inc.; ;Alex. Brown & Sons; H. M.
Co., Inc.; Central
Republic, Co.
Co.; Coffin & Burr, Inc.;
Curtiss,
&
Dick
C.
(Inc.); E. W.
House & Co.;
'■
Corp.;
&
Graham,
&
Forgan
Sachs
&
&
1944;
Co.;
Grubbs, Scott & Co.; Hallgarten
& Co.; Harriman
Ripley & Co., Inc.; Harris, Hall & Co.
(Inc.); Hawley, Shepard & Co.;
Hayden, Miller & Co.;
Hayden, Stone & Co.; Hemphill, Noyes &
Co.; Hill & Co.;
J. J. B. Hilliard & Son; Hornblower
&
Weeks; W. E.
Hutton & Co.; The Illinois Co. of
Chicago; Kebbon, Mc¬
Cormick & Co.;
Kidder, Peabody & Co.;
mann
&
Co.;
W.
Issues
&
Co.;
S.
Co.;
The
Milwaukee
Moseley &
Murch & Co.;
Webber,
Co.;
Co.;
Moore,
Mullaney, Ross
Newhard, Cook
Jackson
&
&
Curtis;
&
Co.;
Merrill, Turben
Leonard & Lynch; F.
&
Co.; Maynard H.
Co.; The Ohio Co.; Paine,
Arthur
Perry
&
Co.,
Inc.;
Intermediate
$25,375,000
Not
Co.;
Inc.;
Eddy Brothers
Hincks
Bros.
&
&
Co.,
Co.;
Inc.;
Henry C, Robinson & Co., Inc.,
Credit
0.80%,
Agency Issues
Banks
dated
dated
consolidated
deben-
July 1, 1943, due Jan. 3,
July 1, 1943, due April
Representing New Financing
Gas
600,000 Appalachian
preferred
fered
&
by
Electric
stock
Paine,
$25).
;"'v.
'
Power
(par $100),
Webber
330,000 Atlantic Refining Co.
M.
McDonald-Coolidge
Day &
Electric Co. 5,500 shares of
common
(par $10).
Price, $26% per share.
Originated with
Paine, Webber Jackson & Curtis.
Langley & Co.; Lazard Freres & Co.;
Higginson Corp.; Lehman
Brothers; Carl M. Loeb,
Rhoades & Co.;
Mackubin, Legg & Co.; Laurence
&
L.
stock
Lee
Marks
R.
Whaples, Viering & Co.
f$146,435 American
Ladenburg, Thal-
C.
Co.;
1,
1944.
Purpose, refunding ($43,475,000); new
money
$1,140,000),
Price, par.
Offered by Charles R.
Dunn,
fiscal agent, New York.
Co.;
Co.;
&
25,375,000) tures, $19,240,000 0.75%,
Merle-Smith; Dominick
Eastman,
Dillon
&
Co.;
of Michigan
Corp.; Glore,
MacGregor,
Inc.;
Goldman,
Parsons
and
$19,240,000)Fcderal
&
First
Glover
Buell
Gaynor, Clemence & Co.,
Robert S. Morris & Co.;
Farm Loan and Government
Co.;
& Co.; Equitable
Securities Corp.; Estabrook &
Co.; Fahey, Clark & Co.;
Farwell, Chapman & Co.; Ferris
&
Hardgrove;1 Field, Richards & Co.; The First Cleveland
Emanuel
"<
Manufacturers,
preferred
capital stock
MANUFACTURING
Delaware. 7%
Dempsey-Detmer & Co.;
&
Dominick; Drexel &
;
Kirkpatrick-Pettis
Price,
Offered
$1,500,000 Security
»
by Kuhn, Loeb & Co.;
and Co., Inc.;
Bacon,
Ball, Coons & Co.; A.
& Co.; Blyth &
Co.,
:
and
cumulative
pay
holders of preferred stock in
total of $15,517,700 not so
v:
Co.;
notes
(subordinated), due April 1, 1978.
Price, 110 arid int.
Offering:
ing.
V
&
«fe
(35,000,000 Armour
t
Merchants
5%
Schwabacher
$1,450,000
x
Murch
due
financing construction.
Price,
privately to Life Insurance Co. of
Insurance, Co.
cumulative
$16,534,993
serial
Purpose,
for
Sold
$4.25
Forgan & Co.; Hayden, Stone
Co.; Mellon Securities Corp.; The
&
of
Jaffray & Hopwood.
10-year
5l4%
Sold privately.
Edison
due
Virginia, National
:
of
and
Blodget, Inc.; A. G. Becker &
Co., Inc.;
Hemphill, Noyes & Co.; Wertheim & Co.; J. S.
Bache
& Co.;
Hallgarten & Co.; Merrill Lynch, Pierce, Fenner
& Beane;
White, Weld & Co.; Dean Witter & Co.; R. E.
Dickson, & Co., Inc.; Mitchum, Tully &
Mutual Life Insurance Co.
*250,000 Iowa Continental Telephone
| f
shares
Purpose, refunding.
Price,
exchange to holders of $5
Unexchanged portion (16,593
in
Webster
.
PUBLIC UTILITIES
j
Hutton
Co.
H.
Eastman,
*$450,000 Hingham Water Co, 3(4 %;•
20-year notes, due June 1, 1963.
Purpose, refunding.
Price, 103.5 and int.
Sold privately
to John Hartcock
I
W. E.
Trust
share.
■
$ $47,289,000
*
MANUFACTURING
91,317
provide subsidiaries with additional funds,
and
improvement of properties, etc.
.
I
stock
Co.;
A.
C.
Allyn & Co., Inc.;
McDonald-Coolidge & Co.; Van Alstyne,
Noel &
Co.; Johnston, Lemon & Co.;
Sills, Troxell &
Minton, Inc.; Dempsey-Detmer &
Co.; Wm. C. Roney &
Co.; Sutro & Co.; Carlton M.
Higbie Corp.; Pacific Co.
of
California; Shillinglaw, Crowder & Co.,
Inc.; Stein
Bros. & Boyce;
Taussig, Day & Co., Inc.; Ferris, Exnicios
& Co., Inc., and Albert
McGann Securities Co., Inc.
of
28,483,000 Pennsylvania Ohio & Detroit
RR. 1st & ref.
mtge. 3 34 %
bonds, series D, due July 1,. 1968.
Purpose, refunding.
Price, 101% and int. to yield 3.64%,
Offered by Kuhn,
r Loeb & Co.1
'
)
Co.;
6,000,000 United
who
-
while
par,
common
1,175,000 Gar Wood Industries, Inc. 200,000 shares of
common stock
(par $1).
Purpose, refunding.
Price, $5,875 per share.
Offered
by Emanuel & Co.; Hallgarten &
806,000 Florida East Coast Ry. Receiver's
3% equipment trust cer¬
tificates Series I, due
serially Nov. 1, 1943-Nov. 1, 1949.
Purpose, purchase of equipment.
Priced
,
at
of
Burns, Potter & Co.
certificates,
$900,000 each
serially,
classes
Lincoln; Central Republic Co. (Inc.);
Kebbon,
McCormick
&
Co.;
Lee Higginson
Corp.;
The
Wisconsin Co.; Bacon,
Whipple & Co.; Blair, Bonner &
Co.; Farwell, Chapman & Co.;
G.
H.
Walker
&
Co.;
Boettcher & Co.;
Bosworth, Chanute, Loughridge & Co.;
trust
ten
maturing
,
AND
cumulative preferred stock.
shares)
offered by Glore,
and
During
J p '
equipment
taken
are
all
(no
par).
per share.
Offered
$102.50
First
Maturing
RAILROADS
.
dated
and
stock
Maynard
(Issues
value
par
value
par
INDUSTRIAL
preferred
Than Five Years)
*$18,000,000 Canadian
no
their offering prices.)
OTHER
June, 1943
Lon^-T^rm Bondlt
stated
a
of
$9,359,993 Beatrice Creamery Co.
tNet retired.
Details of New
Capital Flotations
of
stocks
computed at
certificates
Corporation,
Insurance Corporation.
stocks
preferred
of
^F^dsral Savings & Loan
;:
MANUFACTURING
82,000,000
Unemployed Trust Fund,
and notes to
Federal Old Age and
Survivors Insurance Trust
Account,
Civil
Service
Retirement Fund,
Foreign Service Retirement Fund,
Canal Zone Retirement Fund, Alaska
Railroad Retirement
Fund, Postal
Savings System, Government Life
Insurance Fund, National Service
Life
Insurance
Fund, Federal Deposit Insurance
^
AND
States.
i
special series certificates and
sold to Adjusted Service
Certificates Fund and
■;
K
INDUSTRIAL
to and
Co. 5-year 3%
loan, due May 1, 1948.
Purpose, to provide working funds.
Placed privately with
Equitable Life Assurance Society of the United
403,389,000
4,273,000,000
1,121,699,000
_____
Total
11,480,000
'f':J.i
-v'i
•
—
Notes
Total
Co.
10-year 2%% debenPurpose, construction, etc.
by Glore, Forgan & Co.;
Offered
*$10,000,000 Kelsey-IIayes Wheel
May—
June—
f-
Line
1953.
(Issues Maturing Up
Including Five Years)
;;
Notes
Total
15,
interest.
Short-Term Bonds and Notes
for April.
MayCertificates
:! V
June-
101 and
Pipe
Kidder, Peabody & Co.; The First B.oston
Corp.; Blair &
Co., Inc.; Eastman, Dillon &
Co.; Hemphill, Noyes & Co.;
Hornblower & Weeks; W. E. Huttton
& Co.; Lee Higginson
Corp.; White, Weld & Co.; Hallgarten &
Co.; Harris,
Hall &
Co.
(Inc.); G. H. Walker &" Co.; Baker. Weeks
& Harden;
Graham, Parsons & Co.; Mitchum,
Tully &
Co.; The Wisconsin Co., and Dean Witter &
Co.
Notes
t
due
Price,
Certificates
Eastern
Price, $27.50
Co.
6,000
Price,
Jackson
&
share.
4(4%
share.
per
Of¬
stock
(par
Curtis.
12,000 shares of
per
shares "of
106Vz
capital
Offered
by
Blyth
&
Co.,
Inc.
273,596 Bristol-Meyers
$5).
Price,
Brothers
and
Co.
$44(4
6,183
shares
per
Hallgarten &
share.'
Co.
of
common
Offered
stock
by
(par
Lehman
Total
450, 0 7,9145 0 3,08 948
$
271,590
'
Refundig 249,6853
2,35~71
Capitl 2,1847
450, 0 5, 78,96 3,08 948
$
-193
283,0948 9,250 '059,20 0 273,4 13
$
31,24 06 9,250
2,18 47
23,85762 274,3961
Capitl
Total
New
*«•
9,71,328 2,50 69,8150 82,0 83
Capitl
2,01 ,0 15,690 3,4 659
204,37159 592,601 85,09158 250, 82,4967
Total
V.
$
183,750
327,50
Refundig 6,80 78,91 0 20,98 24
$
—1941
ro oi oS
v
FGtFovefhrdrnamogn.mlcyYJOMTEFUIUSAVTHNINRSAIHSERED
FYJOTMEFUIINFLAVHAUANROCSRRPGDMLN
Capitl
New
Total
90,16785 369,7410 59,27614 250, 0 520,1839
123,57 0
Capitl
138,5 0 .
9,0 ,0 5,940
$
68,50 5,0 0 3,247 30
76,82430 2,06 0 17,628 01 96,51 3
Capitl
New
$
910,
~
'X'y.v'Z
2,80 , 0 67,50
Refundig 49,3507
120, 0 5,0 ,0 123,0
$
—1942
5 0, 0
37,50 15,0 0 123,0
40 ,0
125,8 93 4,6150 50,94736 21,37456
9,35~93 1,750 18,0 0
—1943 Refundi g 67,2 57
95,81268 43,750 40,753 49 ;• 180,4917
12.49,25 10, 0 6,0 0 1,50 0
29, 425 1,40 10,9401 41,3 49
$
'
Capitl
OSUMFARY
New
$
5,0 0 94,02 0
. 1,70 0
1,5 4,328 2.0 ,0 4,217,0
251,79842
•- 2,67 451
31,2406
1,057 0
1 ,24780
427,0
4,526,308
32-,480
10,47680
■-n.
■-
S
2,86,308
728,02
826,308
910, 0
~
1, 57, 0 19,23659
6~5O"6O 2,01,0
118038,,775402
650, 0
:•
44,8,2060
13,4059
;
:
'
$
•
70 ,0
AN-CHARDTE Capitl
$
806,0 750, 0
943,425
New
notes notes notesI governmt- cites, include etc
13,9074
21,85 74
327,50 .
1,0 0
29,04285
386,0
1,8075 90,16785
7,5840
«
;
.
9,0 ,0 14,90 2,80 0 67,50 43.2901 15,0 0 123,0
Kj
4,0 ,0 6, 92,570
:49,350:6
2,81 570 5,0 0 123,0
4,0 0 61,85 70
3,247 30
10, 0
5,0 ,0 8,247,30 2,80 0 18,40 0
40,7 430 10, .0
5,10 76,82 430
16,5349
10, 0
1,50,0 18,0349 47,2890 1,450
65,3493 10, 0 238,0 1,50,0 125,8 93
-rkvi.
10, 0
12,49 25
10,5349 46,830
10,5349
70 ,0
806,0 750, 0
1,50 , 0 7,50 0
6,0 0
10, 0
9,5 0, 0
,
-?
-
85,27 5
10, 0
204,37159
2,69 570
97, 0
238,0
37,856 7
—1943 Refundi g 46, 830
$
2,807,50
12,5,3974009
54,930
68,50
47,2890 1,450 38,0 10, 0 238,0
713,50
58,09 90, 10 51,790159
1, 57, 0 13,82079 51,23 0
New
Total
728,02 9,71328
5,302,950 6,80 83,170
902,950
426,0 0
2,01,0
123,570
CNOOGRPREUAFWTPEI
GOFVOECRRNEMIPGNT,AT,
- - , agencis&. Sbmaftunouicpnelydtiedsss Notes- manufctrig heoltdcin.g, Notes- manufctrig heoltdcin.g,
79, 0 10, .0 15,39 3 2,6750 18,0 0
1,057 0 1,83,80 7,0 ,0 98,2370
1,53 71
427,0
2,67 451 8,62917 2,70 0 13,6574 4,05,0 420, 0 4,387,6 3,40
420, 0 2,63786
329,480 329,480
150, 0
Capitl 2,80 0 18,40 37,20 10, 0
$
—
Total
1,53 71 2,35 71 9,4380 160,84 53 21,40 1,750 56, 0. 830, 0
5,0 0
75,086 7 1,360
51,230 5,7980 17,6 076 38~60
New
30,51 0 32,9412 201,4 2
61,85 70 28,45 0 14,765923 104,96 3
$
.
Total
—1042 Refundi g 54,9 30 ~0 , 4 2,69 570
$
283,0948
i;
1,360
58,09 0 84,7150 38,650 ~"713~50 i,o~ 6o
/:
75,0867 2,01 0 10,38750 3,4 659
4,21302
'
New
13,9074 2 ,860 25,81372 362,05746
$
4,213,02 10,984 12,380 173,8506 25,40 4~20'6 6,137,86 60, .0 830, 0
420, 0 2,63786
826,308
,
5,3027950
-194 Refundi g 108, 742
$
2,9760
5,910
910, 0
7,307,0
2,0 ,0
2,0 0 3,07 0
-
450, 0
96,1470 5,0 ,0
~
<£
450, 0
103,45 5,0
$
"•
65,0 0
3,72,60
80 ,0
427,6
3,70,0
2,0 ,0 97,32 0
$
1,70 0 427 60
-1940 Refundi g 94,02 7 0
New
Total
2,70 0 10,738147 3,60,0 1,750 3,40
7,30 0 910, 0 1,489328
$
450, 0
249,6853
10,47680 ' •- 28,70 14,75810 145,0 8
5,0 ,0 "3297480
-1940 Refundi g 96,1470
$
Capitl
- -'t
830, 0
Refundig 9,438,0 159,384 5 21,40 0 1,750 56, 0
J
—193
1 ,24780 31,20 84,73a605 27,1043
65,0 0
103,450 5,910, 0 1,8 08
$
450, 0
271,590
'■
251,79842 20,950 39,48506 312, 510
New
Total
586,3201
12,380 170,230 25,0 0 3,50 0 60, 0 830,0
$
Total
138,5 0
.
—.
48,391568
238,0
16,94325 10, 0
heoltdcin.g, etc manufctrig heoltdcin.g,
95,81268
1,50 0 29, 425
JUNE Lboongan-tnedrmdsShort-em Prefstorcekd. stock Lboonagn-ntedrdmsShort-em Prefstorcekd Lbonogan-tnedrdmsShort-em Prefstorcekd stock corpate toal JOFUNE
dfinguorets BLooangn-Tdesrm Railrods utiles ccospoteal,,l, Emqaunufipctmresent anoid inadunstdrl beuiltdcngs, ttrraInudveissntmgn,, Miscelanou BShoaonrt-Tdesm Railrods utiles ccsopoteal,l,, Emqanuufipctmreesnt aoni—d inadunstrdl beuildtcngs, trtaIrnudveissntmgn,, Miscelanous Railrods utiles ccsoopteaerl,,l, Emqanuuficptms—ent aenorids inadunstrdl beuildtcngs,J trtarInudveissntmgn,, Miscelanous Railrods utiles ccsoopteaerl,,l, Emqunuifptment aacesnorid inadunstrdl beuildtcngs, trtarInuvdessintmgn,,'Miscelanous seccourpritate
DeCorp at— omestic- Candi - stock foreignCGaovnerndmiant foreign LGooaavnntd, ♦Municpal—Stes, SPostae eins
OF
MONTH
Com on
Com on Other
Com on
Grand
Total
Other Farm
United
♦These
MONTH
Public Iron, Mot rs Other Land, Rub er
Oil
Ship ng
etc
Public Iron, Mot rs Other Land,
Oil
Ship ng
Stocks-
etc manufctrig
Total
otal—
T
Public Iron, Mot rs Other Land, Rub er
Oil
Public Iron, Mot rs Other Land, Rub er Ship ng
Total
Total
$
3,1,0937 58 7,50 0 1,50498^325 726,89. 60 450, 0
789,510 14,50 92,089.240 50,2983 63,0 0
Refundi g 634, 9763 1,50 0 81,0 871 309,10 63,0 0
790,25734 8,250, 0 1, 437~25 10,58647
Capit l V$v*:. 15,6073 3,05,0 10,98 369 49,20738
450, 0
219, 84 29,50 436,"01~ 61,32953
$
-193
t
J
YEARS
New
FIVE
Total
'7.
New
$
Total
5,0 ,0 910, 0
10 ,0
Capit l 38,25398 42,98597 5 ,0 6,250, 0 7,¥O,6O 1,80 0 729,70 1,350, 0 83, 207
2,9 7,951 60,9 107 34, 50 23,79460 9,150, 0 3,90,0 420, 0 78,423 0 4,09 0 2, 45,0 213,90 ir50 ,6 0 21,047951
67,5128 1,306,0 19,6712
14,25 107 102,7650 142,75602 361,9854 216,0 i,¥o,65 43,97162 10, 0 5,742,30 49,720 37
10, 0 1,0 0 1,85902 585,0 0 4,03 O 5 25,642190 1,40 0 1,0 ,0 23,Til52 67,1 7 38,25 398 5,75026 1,40, 0 6,250, 0 4,094,0 3,47190 1,80 0 729,70 , 1,40,0 1,0 ,0 1,350, 0 16,53 2
5, 0 , 0 2,350, 0 7,0 ,0
250, 0
217,430 61,8760 68,50 0 3,498,0 83,5927806 85,17 0 23,85 0 50, 0 7O,~¥67
204,50
2,50 0 37,54 0 97,08 395 5,415 74
250, 0
158,41796 2 ,9430 716,3495 75,0 0 3,498,0 139,~21 874 85,17 0 23,85 0 50, 0 9,2-87~2
6,037,827
1,32094576 4138,726971,,204573815638,0379425348
FOR
Refundi g ' •■: 924, 9412 18, 1965 91,39275 540, 0
S
—1941
4,0 ,0
.
...
1,10,345660329
Capitl 295,638 18,67253 52,08520 13,97 21
$
37,850 283,1485
Total
$
7.Refundi g 219,6240 7,402,84 2,692,570
$
_1942
Capit l 148,570 7,2480 6,10,0 26,83283 10,9530 759,0 5,40,0 250,0 19,Y2i7I65
1,0438 0 321,6 54 1,0,0
380,74
421^75
604,185$0 97,04~57908 14,02 5
Refundi g 68, 0 539,6280 62,40 0 3,498,0 56/7oil7 4,2 0 23,094 0 4,60 0 51,28 95
-194
1,6354019,7288063Governmt.SFTMEJAFOHNUIODIXRVRS
FITSNMEAJOH3NUCDXRG0
New
New
Total
715, 498 30,850 32,51045
29,57834 29,4650 104,256478
$
150, 0
1,360, 0
54,50
'
421,875
385,02 560 89,643084 1,409635
40 ,0 0
Refundi g 179,68570 19,56140 17,625 0 1,85,0
327,1450 2,0 0 27,963- 16,40 28 20,5 0
413,76 81 90, 0 246795,0 26,1067
Refundi g 23,81 03 17,*896^ 3 3,568, 0 18,0 0
263,8746 90, 0 2357 6,05 1 ,93581
Capit l 103,2197 2,0 0 10,6540 12,837608 2,50, 0
Capit l 2,10 0 72,19 20 2,0 ,0 3,0 ,0 "35¥,17 i860 96,37450 1,80,0
$
<j»
$
S
New
95,0 0
New
150,476205 1,490 15,0786 276,942 1
Total
—1943
v/ :
486,97154 71,420 28,5367
Total
$
89,03 65 3,45,620
92,47925 74,3680 629,516 69,40 0 3,498,0 60,3¥67l3 74,2 0 23,094 0 4,60 0 56,47086
17,25803 18,67253 8,05470 51,96 54
3,402,8 4
219,6240
2,0 0
4,0 ,0 10,9534
~
•;
Refundi g 56,4830 13,790 65,083 0 5,08376 1/79365
Capit l 30,460 1,8210 3,250, 0 520,0 47,316 97 10, 0 150,0 2,05,0 105,7319
2,0 0
21,465 73 56,4830 13,790 86,549 76 57083756 1,793,0
21,465 73
$
New
4, 0 , 0
2,0 0 2,102740 39,7 ^486 4687 95 276 76 4,368 1 86,94 0 127,30.4 3,250, 0 520, 0 174,~9 486 10, 0 5,23,0 2,518,795 3,793,0
'
740, 5 CHAGARRNOUTPDEIN
183,0 624 2,8 710 17,625 0 1,85,0
95,6 6
26,5 96 51,460 3 15,0 0 2,53,20 5,921,875 10,47 594 2,10. 0 98,7561 2,0 ,0 3,0 ,0 23714,293 1 ,37450 1,80,0 2,53,20 21,7 875
15,80 0 385,02 60
86,94 0 125,0 3,250, 0 520, 0 12,~4o¥65 10, 0 5,23,0 2,05,0 W," 1,793,0 347,950
2,692,570
$
—1943
759,0 250, 0
148,570 86, 2740 6,10 0 78,5673 10,9530 5,40 0 42,81697
6,03782 6,0251
95,0 0
29,5 790 54,130 15,0 0 2,53 , 20 9,21,875 1 ,569 8 2,10 0 281,4 790 2,0 ,0 3,0 ,0 245,0376 129,0 0 3,65 ,0 2,53 , 20 26,12,875
'
1,078669,410382 ONEFW
5,241,965 18, 1965
95,0 0
2,10 0 251,8 0 2,0 ,0 3,0 ,0 19,2567 14,0 0 3,65 ,0 16,20 6 604,1850
$
-1942
193,065
29192,254,,693837180
5, 0 , 0 9 0, 0 7,0 ,0
5612,39477098 COISRTUPNHIAEED
CFOGOROFRLAPVMEEURNIGAIMTNCD,PT,L
30
agencis&. fSubotnfamrdutinoayeFischgpedsldesyral 30 Notes- manufctrig — hoeldticng., Notes- manufctrig hoeldticn.g,
Capitl
$
New
SOUM AFRY
51,36 5
10 ,0
New
1,37 ,0
420, 0 750, 0 10 ,0 213,90
910, 0
$
Total
5,07 ,60
1,53,571 81,409 71 32,980 56,8015 94,0 0 21, 653 56, 0 2,708,0 12,75 0 3,285,71
13,0 0 19,0 0 79,4103 585,0 0 5,40,6 4,809352 1,40,0 1,0 ,0 37,83659 169,8 321 18,01 0 417,693 10 217,40 6,250, 0 5,40,0 7,384 52 1,80 0 6,472,0 1,40,0 1,0 ,0 1,350, 0 16,23 659
3,0 ,0 8,0 ,0
$
4,0 ,0 604,75 39 1, 0 , 0
1,2937,80 37,540 14,025 14,5721
6,250, 0 32,~4750 21,80 0 6,472,0 1,350, 0 15,80 914,2630
f*j£$ 176,0 1 0 3 7, 3 0 216,5 0
"StvV'
Refundi g 137,45602 94,387 03 216,0 0 24,70 10, 0 5,742,30 32,467930 721, 3 5 5,0 ,0
-1940
271,3496 17,50 307,14 26 1,625,0
Capit l 193,0 165 1,0 0 23,491682 4,20 89
$
2,50 , 0 3,05 ,0
New
831, 9685 139,8570 243,61 83
$
Total
YEARS
309,10
1,50 0 79,56730
5 0, 0
Capit l 34, 50 18,72409 8,60,0 3,90,0 27,06 47 43, 0 2,145,0 1,50,0 15, 0 15,6073
$
84,63590 420. 0 51,6576 750, 0 10 ,0 213,90 4,53,52 142,39078 67,230 589, 620 104,5.0 3,90 0 420, 0 9,634956 10,75 0 4,953,0 213,90 14,25¥6 24,3 52
2,50 , 0 14,50
$
1,03246
Refundi g 721, 315 8,0 ,0 10,329 08 946, 42
-1940
57, 30 502,96 30 103,5 0 3,90,0 47,96720 10, 0 4,853,0 14,25 0 17,30 0 852,105 9,50,0 2,0 ,0 5 0, 0
Refundi g 23,480 48,236 10 94,0 0 20,9253 56, 0 2,708,0 12,75 0 1,750, 0 697,34 763 9,50,0 2,0 ,0
-193
157,0 0 50,86409 1,625,0
914,2630 19,0 0 124,81590 45,16 731
*
$
Total
468,795
2,0 0 2,102,40 18,3183
2ro~ ,6o 2,903 8 30,46 0 13,92 40 3,250, 0 520, 0 87,64801 10, 0 150, 0 2,518,795 2,0 ,0
263,874
manufctrig hoeldticn.g, i- manufctrig 3hoeldticng., 150,4762
EJNUDNECorpate- boannodtesds «. bonanodtesds ■. bonnaodtesds corpateGovernmtforegoviegrnmntLGoaanvnd,♦SMutnacictpeals,,SPotsaeeisn toal fdiingnculouroedset MEJONUNDTNHES LBonoga-nTedrms : utiles sccetooeptallr,,,Equmaipnumfent aacnesodri indausntrdl bueildtncgs, Itntrrveausdtmsinng,,Miscelanous SBhooratn-Tndedsm utiles secctooetpallr,,,Eqmuaipnumfcenets anorid— indausntrdl bueildtncgs, Inttrvreausdtmsinng,,Miscelanous utiles sccetoeoptall,r,,Equmipanmufent aacnesodri indausntrdl:bueildtncgs,1 " Intvtrersuatmdsinng,M,iscelanous utiles sccteeoopatll,,r,Equmipamnufent aacnesdori induastnrdl bueildtncgs, Itnrvterusatmsdinng,,Miscelanou.s cosrepcuraitte
MONTHS Domestic— Long-term Short-em Prefstrocekd Comstocokn-Candian- Long-term Short-em Prefstrocekd Comstoockn foreign- Long-term Short-em Prefstorcekd Comstocokn
6
Other
Total
Grand
Can dian Other
Farm
United
>These
6
Railroads Public Iron,
Motors Other Land, Rub er Ship ng
Oil
Railroads Public Iron,
Motors Other Land, Rub er Ship ing
Oil
Total
Stocks-
Railroads Public Iron,
Total
Motors Other Land, Rub er Ship ing
Oil
Total-
Railroads Public Iron,
Total
Motors Other Land, Rub er Ship ing
Oil
t
For
,
14.6%
of
•'
126.
form
1943—12
Mos.—1942
$2,986,880
841,832
315,501
310,678
87,560
405,849
327,655
$304,726
$301,473
80,426
80,583
$1,337,223
320,473
$1,341,160
321,415
$220,890
$1,016,749
96,262
393,624
$1,019,745
328,847
77,373
Depreciation
Fixed charges
___——-
Balance
$224,300
—
103,065
305,794
76,448
$48,180
$317,331
65,165
65,165
260,659
p.
$56,672
♦$16,985
♦$20,379
——
—V. 157,
♦Loss.
305,794
$385,105
260,581
$124,524
Preferred Stock
Co.—To Retire $5
1943, all of the issued
at $102.50 per share
has elected to redeem on Oct. 1,
outstanding $5 cumulative preferred stock
The company
dividends.
Payment will be made at the Continental
Illinois National Bank & Trust Co., Chicago, 111.
Holders may present
their stock for redemption at any time prior to date set for redemption
and will receive $102.50 per share and accrued dividends up to date
of surrender for redemption.
The transfer books for this stock will be
accrued
and
the close of business on Sept.
thereafter.—V. 158, p. 82.
closed at
permanently
no
30, 1943, and
transfer will be made
Co.—Billings Up 23%—
Belden Mfg.
increased
company for the second quarter this year
23% to $3,191,000 from $2,591,000 in the corresponding three months
of 1942, Whipple Jacobs, President, announced on July 9.
Virtually the entire production of electrical wires, cables and other
like products are going to the combat services and war goods plants,
the announcement stated.—V. 157, p. 2211.
Biliings of the
Boston, Mass., will until 12
receive bids for the sale to it
trustee,
heart
a
1
157,
outstanding.
$11,709,101
sales
Gross
Purchased
power,
158,
Solvency Put Off
Stephenson, Special
of the company,
*
Co.—Changes Effected—
dismissed July 13 its proand four of its service units
after several changes
had been made in their servicing operations.
The
service
companies involved
are Federal
Advisers, Inc.; Elctric
Advisers, Inc.; Gas Advisers, Inc., and Petroleum Advisers, Inc.
The SEC said the effect.of the changes would be. to "relieve the
public utility companies in the.system from payment of a substantial
expense related to the performance of certain holding company func-v?
tions, including auditing and accounting, budgets, statistics and fi¬
nancial and corporate records."
The annual saving to the system's c
operating companies was estimated at $147,052.
.
The
Commission,
however, reserved the right to re-examine the
operations of the service companies at any time and to revoke the ^
servicing arrangements if they were found to be in violation of Section
Securities
of
13
1942 }:!■
$4,877,835
2,549,927
and
against
$2,327,908
Exchange Commission
the
the
Holding
"While
Service Co.
Cities
Company Act.
changes represent an improvement over existing
the proposed
arrangements," the SEC said, "they do not fully meet the recom¬
mendations of the Commission's staff."
< i
It was noted in the SEC's opinion that the changes were in accorcL
the principles adopted by the Commission in March in the case
Columbia Engineering Corp.
These principles provide that ser¬
companies shall stick to operating services as distinguished from I
managerial, executive or policy-forming functions and prohibit the
imposition of salaries and expenses of pe*sons performing holdingcompany functions upon public utility companies, whether through aii*
service company or other devices.—V. 157, p. 1943.
with
of
186.
p.
P.
solvency
ceedings
1943
$4,401,395
2,210,043
Net earnings
—V.
dividend of1 25 cents per share on
payable Aug. 2 to holders of record
2364.
p.
Cities Service
Ltd.—Earnings—
operating, maint. and taxes-
the
The
$8,684,463 $59,297,578 $54,315,621
.
4
Co.—25-Cent
Coal
Master who is to conduct hearings Won July 12 adjourned the matter to
July 26 at the request of Hamilton C. Rickaby, counsel for the cor¬
poration's management.
Creditors of the corporation have filed a
♦
petition in Federal court asking
for its reorganization under the
Federal bankruptcy laws, and this request has been opposed by the
management as well as by certain other creditors.
*
In. seeking an adjournment of
two weeks, Mr. Rickaby explained
that some of the officials of the company have hopes of being able
to pay off the $1,599,000 outstanding in debentures
which matured
»
April 1,
Mr. Rickaby said he was authorized to state that unless
funds
for
this
purpose
are available
on the adjourned
date, the
management will "join in the prayer of the petition and ask for a*'
reorganization.''—V. 158, p. 186i ■■■■••.
$2,191,352
earnings
a
stock,
common
155,
Childs Co.—Hearing On
.
31—
Franklin
&
declared
have
value
par
Robert
on
Mamaroneck, N. Y., on July 13
Northern Power Corp.,
12 Mos. End. May
no
July 23.—V.
2445.
p.
The. directors
the
Co.-^Obituary—
Machine
Adding
i
Dividend—
adjourned to July 16,
was
Backus, President, died at
attack.—V. 157, p. 988.
Combined
Wilmington
Chicago,
directors to
Butler Bros.—Sales Increase 34.8%—
Period End. June 30—
■■
1943—Month—1942 + : 1943—6 Mos.—1942
Wholesale sales
$10,464,469
$7,709,312 $52,601,298 $48,981,916
Retail sales
1,244,632
975,151
6,696,280 , 5,333,705
—V.
Co.,
group
a
meeting
Trust
incentive-
an
the board of
preferred stock refinancing program.
The shareholders also authorized the board
Canada
investments, the net assets of the
corporation on
that date amounted to $34,670,414, equivalent to
$104.05 per share of preference stock outstanding, and, after allowing
for preference stock at the amount to which it is entitled in liquidation
($55 per share and accrued dividends), to $2.17 per share of common
stock
approved
13
a
Standish
1943 prices for
30,
June
on
to
Burroughs
Corp.—Semi-Annual Earnings—
Blue Ridge
July
when action may be taken
,
- 1 ^
'
of directors to borrow
V-loan funds, not in excess of $25,000,000 at any one time, for working
capital for the performance of war production contracts.
Amended the by-laws to give the board authority to change the num¬
ber of members of the board and fill vacancies caused by such changes.
The shareholders reelected William P. Barba, Robert T. McCracken,
and William B. Read as members of the board for three-year terms and
elected Paul Zens, treasurer for a three-year term, and H. A. Coward,
secretary for a two-year term.—V. 158, p. 185.
mortgage
Based
on
company
the meeting.
at
The
on
and collateral trust series D 3 V2 % bonds, due Dec. T,
1968, and mortgage and collateral trust series C 4% bonds, due Nov. 1,
1965, to amounts sufficient to exhaust $40,000 and $73,000, respec¬
tively, at prices not to exceed 100 and interest.—V. 156, p. 159.
of
options
tions
Electric Co.—Tenders—
1943,
27,
July
(EWT),
noon
Co.,
Trust
Street
State
The
o'clock
the
of key executives to purchase up to a total
of 300,000 shares of common stock.
The options would run for five
years.
The stock would be purchased at prices equal to 125% of the
market value of the stock at the time of issuance of the options.
Edward G. Budd, president, in urging adoption of the program, told
the shareholders the directors sought the authority in order to assure
the retention of present key executives and to enable the management
to attract top-notch junior executives.
The proposal was opposed by
Spencer Pinkham of New York, representing Henry F. Holthusen, a
holder of 5,000 common shares.
Mr. Holthusen has fought the pro¬
posal in the courts and through his attorney filed his formal objec¬
of
Blackstone Valley Gas &
of
payment plan for administrative employees.
The action of the shareholders authorized
1523.
Beatrice Creamery
and
stockholders of the. jilan
1943,
July 12,
facturers
Stockholders— i
Incentive Plan Adopted By
•:
$623,125 7 $690,899
$44,786
Balance
5,000
illegal.
issue
stock.—
com.
on
dated
shares of the
given an opportunity
to examine the terms of the options and apply to the court for an
injunction to restrain their being issued if he considers the terms
Stockholders
$124,628
76,448
pfd. stocks
Balance
Div.
V
$121,235
Surplus
on
of the company, has issued an order
9
granting authority to Darragh A. Park of Manu¬
acting as chairman of a group of holders of ^
adjustment mortgage bonds, to intervene in the reorganization pro¬
ceeding.
The petition upon which the order was granted recites that
the group will be represented by ah executive committee of not less
than three, a majority of whom shall be the- nominees of the Manu¬
facturers Trust Co. and Hallgarten & Co. of New York.
,
•">; \
Pierce & Greer, of New York, and Montgomery, Hart, Pritchard & i, J
Herriott of Chicago, are counsel for the group.—V. 158, p. 186.
action in granting the options
Judge Bard said; the mere approval by the
not damage Mr. Holthusen's rights.
St. Paul & Pacific RR.—Manu-j.
in Reorganization— >
the Federal District Court of Chicago, in
Judge Michael L. Igoe of
charge of the reorganization
shareholders approve the plan
Henry F. Hclthusen, who claims to own
common
stock and who objects to the plan is
until
tfould
Inc. & excess prof, taxes
Div.
Chicago, Milwaukee,
^
facturers Trust! Co,, to Intervene
;
the
net assets
March 31,
$7,831,750 or $7.86 per share on 996,739
June 30, 1942.—V. 157, p. 2345.
and with net assets of
share? on
from
to a
He suggested, however, that if the
board of directors take no decisive
S
$2,821,325
928,307
255,437
stock.
common
$694,367
231,307
78,038
83,549
$725,095
earnings—
Operating expenses
General taxes accrued-
of
U. S. District Court on July 9 refused tor
voting on a proposed plan to grant
compensation"
group of about 30 key executives in
of options to purchase 300,000
shares of the company's
net assets, taking
to $10.05 per share
shares of capital stock. This compares with
$10,858,925, or $9.65 per share on 1,125,042 shares on
1,158,462
1943,
stockholders
the
"incentive
y
Subs.)—Earnings-
1943—3 Mos.—1942
Period End. June 30—
Gross
Co.—Court Refuses
of^the
judge Guy K. Bard
restrain
reports that as of June 30, 1943,
market value; were $11,644,323, equal
company
securities at
Stop Meeting-
to
1942. V. 157,
'
Ilydro-Electric Co. (&
Bangor
The
year.—V. 158, p.'185.
(Edward G.) Budd Manufacturing
capital stock,
the
'
the corresponding week last
over
on
record July 31. Like amounts
Feb. 16 and Aug. 15,
15, last, and on
paid on Feb.
were
declared on the
16 to holders of
$5, both payable Aug.
par
p.
dividend of 10 cents per
like amount have been
extra
An
dividend
Co.—Extra Dividend—
share and the usual semi-annual
Insurance
Baltimore American
Chemical Fund, Inc.—Net Assets—
27,821,000 for the week ended July 11, 1942, an increase of 7.9%.
the preceding week output was 32,025,000 kwh., an increase of
with
(Continued from page 252)
Monday, July 19, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
288
the
vice
1940
1941
1943
dividends
Cash
Interest
1942
$810,691
$892,745
♦$964,259
$722,938
30,537
——
4,470
33,942
44,852
—_—_
____.
4,376
15,746
$912,961
$1,020,462
$767,791
132,104
134,376
131,701
129,435
53,400
44,025
13,361
_
income
Expenses
Taxes
Called—
series A sinking fund debentures and
all of the outstanding 4y2%
and 5% serial debentures, series B, have
been called for redemption as of Sept. 15, 1943, at 102 and interest
in the case of the 5V2% and 4V2% debentures and at 100 y2 and inter¬
est in the case of the 5% debentures.
The 5!/2%
debentures will be redeemed at The Dominion Bank in
22,261
$845,604
43,320
Total
(net)_
partic.
Underwr.
Canadian Breweries, Ltd.—Debentures
All
5 */2 %
outstanding
the
of
$844,736
$725,185
$670,180
tNet income
$624,994
1943, $126,046 in 1942 and $140,167 in 1941,
representing securities received as dividends, priced at market quota¬
tions.
tExclusive of net profit on sales of securities which was
credited directly to earned surplus.
♦Including $111,949 in
'
1941
1940
__
$3,653,671
$5,485,784
$4,905,837
$4,538,695
670,180
725,185
844,736
624,994
411,999
Dr270,444
35,470
45,352
$5,786,043
$5,209,042
31
for
Net
income
Net
1943
1942
;
•
—V.
prof, on sales of sec.
based
cost—
aver,
on
of
Write-down
Drl,940,592
invest
$4,735,850
Total
Divs.
opt.
on
$3
500,343
512,594
537,408
$3,487,339
$5,248,635
$4,621,377
1942
of
I
$6,079,740.
Comparative Balance
Sheet,. June
Assets—
Investments
Cash
accounts
Dividends and
Due
receivable—
—_
Total
$35,108,243 $34,886,188
Notes
Due
for
162,640
8,330,000
7,489,483
♦Preferred
purchased
State, Federal &nd
stock
stock
(no par)__
($1 par)
Capital
taxes
_
;
.'
surplus
Earned
city
surplus
—
tTreasury stock
51,760
8,600,300
7,489,483
10,214,008
,
$11,663
5,000,000
884
10,330,344
4,235,507
-
to brokers for securities
Common
18,840
4,500,000
157,765
payable and accrued expenses
payable to banks
Provision
3,487,339
Dr85,584
___.
______
$35,108,243 $34,886,188
♦Represented by 333,200 no par shares in 1943 and 344,012 no par
in 1942.
tRepresented by 2,915 shares in 1942 of cumulative
shares
optional
convertible
$3
preference
Bond Stores,
Ilncludes accrued interest.
Inc.—Sales Up 13.4%—
Period End. June 30—
■
vtf--
1943—Month—1942
1943—6 Mos.—1942
$3,155,606 $22,155,287 $25,403,830
$3,579,864
Sales
—V.
stock.
157, p. 599.
2211.
157, p.
of this corporation has been notified that its
plant will be given the Army-Navy "E" production
E. Blood, President, announced last week.
Norge
plants in Muskegon and Detroit are turning out in large volume
over 40 different
war materials, Mr. Blood said.
Norge formerly was
The
Norge
award,
Division
Howard
engaged
heaters
in
and
the
manufacture of refrigerators, ranges, washers,
household appliances.—V. 157, p. 2444.
Boston Edison
The
space
other
company
territory for the
Co.—Output Up 7.9%
number of kilowatt hours available for its
week ended July 10, 1943, as 30,016,000 as compared
reports
1
v
1943—3 Mos.—1942
on
stock,
stated
was
Retire*
Co., Shelby, N. C.—To
before
that
all
Aug.
held
is
31 of
by
stock
common
recently announced plans
the company's $200,000
all of
stockholders.
of
the
-
firm
is
owned
by
thd
stock was subscribed by loca'
organization of the business 18V2 years ago.
V
family.
upon
Executive V.ice-President,
or
which
However,
the preferred
4 Weeks Ended June 26—
i
V ;
-j
1943
1942
$8,448,195
$7,414,060)
■•••-VVv-
,
Sales
—V.
*
158, p. 187.
I-.'..'. >y -
\
- ,*
Commonwealth
&
Southern
'' *
'i
.
' i •
1
Corp.—Weekly Output—
weekly kilowatt-hour. output of electric energy of subsidiaries
corporation adjusted to show general business conditions of
served for the week ended July 8, 1943, amounted to 220,- t
425,453 as compared with 192,219,533 for the corresponding week In1942, an increase of 28,205,920 or 14.67%.—V. 158, p. 187.
$105,185
$297,619
$212,418
Earnings per com. share
$0.67
$0.44
$1.24
$0.89
—V.
157,
have
made by the corporation for the
been
$3,000,000 12-year 3%% sinking fund debentures due July 1,
retire $3,158,000 of outstanding 4y2% debentures.
Paul H. Davis & Co. will head the underwriters.—V. 158, p.
sale of
1955, to
and
Arkansas
solved—
The
Public
83.
Service Corp.—To Be Dis¬
accrued interest by
SEC
on
issued an order permitting to become effective
Arkansas Louisiana Gas Co., a subsidiary of
Gas Corp., Federal Light & Traction Co., and its
"
with respect to the
,
July
filed
9
by
Natural
Arkansas Public Service Corp.,
!
following transactions:
i
I!
Central Arkansas Public Service Corp. and the
Walton of all the securities of three of Central '
Arkansas
Public Service
Corp.'s wholly owned subsidiaries, namely, r
Citizens Electric Co., Hot Springs Water Co. and Hot Springs Street
Railway for $3,746,672.
v
•.
(2) The sale by Central Arkansas i Public Service Corp. and the;
The
sale
by
acquisition by Gus B.
acquisition
of
all
by
Louisiana
Arkansas
Gas
Co., an associate company, ij
owned subsidiary, namely,
the securities of the remaining wholly
The
Gas
Offered—
A
underwriting
group
headed
Corp.; Blyth & Co., Inc.; Lehman Brothers; R.
McDonald-Coolidge^j
■
&
subsidiary, Central
(1)
an
H. Rollins & Sons, Inc.; Riter & Co.;
■
declarations
Corp.—Debentures
by Eastman, Dillon & Co.
Other members of the utfw1
derwriting group are Kidder, Peabody & Co.; The First
Boston
Central
Cigar
public offering of $7,000,000 10-year 3%% sinking fund
debentures due July 1, 1953, was made July 16 at 101
Sell $3,000,000 Bonds—
Celotex Corp.—To
;
Consolidated
1524.
p.
this
•territory
1943—6 Mos.—1942
$160,491
(3)
Muskegon Heights
share
Aug.
■
of
taxes—
Federal
Co.
for
acquisition,
$800,000.
redemption
and
standing securities of Central Arkansas
"E" Award—
per
10 to holders of
on
Colonial Stores Inc.—June Sales—
profit after charges
and
Consumers
Borg-Warner Corp.—Army-Navy
Mills
Cloth
Gardner,
investors
Co.—Earnings-
period End. June 30—
Net
Arkansas
Total
—V.
It
4%
Arrangements
Liabilities—
Accounts
20 cents
The
150,194
___
——
dividend of
Morgan
(A. M.) Castle &
30
1943
1942
$33,765,762 $34,267,235
1,061,157
516,258
$131,130
102,695
from brokers for securities sold.:
W.
retirement
Gardner
71 Broadway, New York, N. Y.,' upon presentation and surrender
on
and after Sept. 1, 1943.
After the redemption date, interest on„
the drawn bonds shall cease to accrue.—V. 157, p. 128.
The
■.
J-
preferred
Co.,
aggregate amounts of purchases and sales of portfolio se¬
curities, other than Government securities,
during the six months
ended June 30, 1943 were $6,287,929 and $7,179,682, respectively.
(2)
P.
Cleveland
for
& Co., Inc., as trustee, is notiflying holders of first
bonds, series A, due Sept. 1, 1965, that $115,000 prin¬
cipal amount of these bonds have been drawn by lot for redemption
on
Sept. 1, 1943, at 107 V2% of their principal amount.
The drawn
bonds will be redeemed at the office of Louisville & Nashville RR.
J.
mortgage
indicated net unrealized appreciation of
a
common stock, payable Aug.
similar distribution was made
A
2.
Preferred Stock—
Ry.—Bonds Called—
Carolina, Clinchfield & Ohio
investments
was $4,401,416.
If such appreciation was realized the Federal income
tax, under existing law would approximate $320,000.
The appreciation
at June 30, 1943 compares with net unrealized depreciation at Dec. 31,
The
declared
July 8
on
value
par
10, last
year, which compares with 15 cents on Aug. 10, 1941.
No other payH*
ments have been made on this issue in the years 1941, 1942 and 1943. i
The semi-annual interest payment of lVfc% will be paid Aug. J
1, 1943, on the 8% income notes due Dec.' 1, 1955, to holders of I
record Aug. 2.—V. 157, p. 2039.
;
;
i
Ohio—Merger—
of New York (located In 5
Queens, N. Y.), and the Empire Personal Loan Co., Inc., of Jamaica,
L. I., it is reported, have been merged with the Capital Finance Corp.
.of Columbus, Ohio.—V, 157, p. 1144.
Standard Personal Finance Co., Inc.,
The
$1
Aug.
186.
p.
Capital Finance Corp., Columbus,
587,665
$4,235,507
30
June
Notes—(1)
158,
1942
$4,827,000
conv.
pfd. stk., paid in cash
Balance,
$3,999,934
,
1943
$5,745,000
the
record
Ry.—Earnings—
Pacific
Week Ended July 7—
directors
The
on
<
J
186.
p.
Traffic learnings
period-
6 Mos. End. June 30—
Dec.
158,
Canadian
.
Surplus Account
Earned
Balance,
—V.
Common Divi¬
Citizens Utilities Co.—To Pay 20-Cent
dend—Semi-Anniial Interest Also to be Disbursed—
England, or Montreal or Toronto, Canada, at the holders'
option, and the 4'/2% and 5% debentures will be redeemed at The
Dominion Eank in Montreal or Toronto, Canada, at the holders' option.
London,
retirement of„ all the out-(
Public Service Corp. with the <
proceeds of the aforementioned sales as follows: the redemption of
$2,834,000 of 5% collateral bonds at the call price of 101% of par;
the retirement of 15,000 shares of 7% preferred stock at the voluntary
.
the retirement, of the 25,000
shares of common stock with the remaining cash proceeds of approxi-i
mately $134,623 after expenses; and the sale and surrender by Federal
Light & Traction Co. of $172,000 of said bonds, 269 shares of said
preferred stock and all of the common stock.
(4) The solicitation of proxies by mail by Central Arkansas Public
Corp. to be voted at a stockholders' meeting to be called for the
purpose of considering the aforementioned transactions and the disso¬
lution of the company.—V. 157, p. 2345.
liquidating value
of $100
a
share;
and
Co.; Charles Clark & Co.; Blair & Co., Inc.; MerrilL
Lynch, Pierce, Fenner & Beane;, Kebbon, McCormick
& Co.; Dean Witter & Co.; Alex. Brown & Sons; Piper,
Jaffray »& Hopwood; the First Cleveland Corporation;-jj
Kalman & Co., Inc.; Merrill Turben & Co., and Rogers
& Tracy, Inc. ;!•.!
V:v'■■■ • ■
x ^ .'
proceeds of the issue will be applied to the pay- I
a $1,000,000 bank loan and to the redemption)
Net
of
ment
by Sept. 1 of $938,130 of 4% notes due in 1950, of 30,000
of the 68,162 outstanding shares of 6V2% prior preferred
fl
1
stock, and of 20,939 outstanding shares of 7% preferred
stock.
:
Upon
have
a
7;.' 7.-/;. 7^7"!,. " 77/
7'wr-":,'■■"'7.
completion of the financing the company will)
.
„
capital comprising $7,000,000 of 3J/4% debentures,
38,162 shares of 6V2% prior preferred stock and 250,000
shares of common stock.—Y. 158, p. 84.
J
Consolidated Edison Co, of New York, Inc.—Output—
('
July 14 announced that System output of electricity
purchased) for. the week ended July 11 1943
amounted to
177,700,000 kwh., compared with 150,500,000 kwh
for
the corresponding week of 1942, an increase of 18.1%.
Local distribu¬
tion
of
electricity
amounted to 173,500,000 kwh., compared with
The
company on
(electricity generated and
i
Volume
158
136,000,000
Of
Number 4195
kwh.
27,6%.—V.
for
158,
THE COMMERCIAL
the
corresponding week of last year,
188.
" ■
;
■;
p.
increase
an
National Power &
during
.
1942
& FINANCIAL CHRONICLE
Light Co.,
were
compared with the corresponding week
as
follows:
as
289
ferred stock
but
—-Thousands of Kilowatt-Hours—
•
•
Consolidated Electric
Gas Co.—To
&
Sell
Operating Subsidiaries of—
American Power & Light Co.
.
An
application has been filed with the SEC regarding the
transactions:
,
Electric
following
to
proposes
sell
to
Scott,
and
Horner
Mason,
Inc.,
The
investment
an
Power
National
1
Consolidated
banking firm of Lynchburg,
Lynchburg Gas Co., consisting of
Va., all of the capital;
7,890 shares (no par),
for $347,000 cash, subject to adjustments for dividends and net earn¬
ings after April 30, 1943.
The stock of the Lynchburg Gas Co. is
pledged with the trustee under the indenture securing the Consolidated
not
Electric
&
Power
of
and
Gas
Consolidated
Co.
collateral
trust
gold
W.
Buttfield
J.
board
of
has
directors.
» Sewaren,
been
He
J.~V.
N.
elected
an
additional
of
as
Vulcan
President
is
157,
1808.
p.
of
member
157,
Operating
of
revenues™*
Other
Net
addition
to
supplied
hundreds
In
of
than
more
supplying these
20
of
and
engines, the company reports it has
and innumerable parts for vessels
different
types
from
ranging
small
a.rcraft
patrol boats.—V.
3,558,251
Balance
*Pfd.
to
1647.
21,228,657
3,702,189
$5,896,462
divs.
dividend of
a
1941,
holders
to
Aug.
12
and
50
cents
'Vvy
,
50
of
cents
23,
July
the
on
29.
last year,
Aug.
on
share
per
record
and Dec.
Similar
against
1941.—V. 157.
8,
as
>
,
Gross
"
'operating
Provision
for
Depreciation
Net
>.;■ y
profit.*—*
and
deferred
$332,348
37,000
315,150
239,044
—*—:$47,287
$56,304
expenditures
157,
;
1942
r
23,500
1
development—
profit
Capital
1943
$385,937
—*
taxes.—*————
257,874
2249.
p.
224,061
*4
:V
'
public
deductions
Balance
14,323,013
1,972,168
$4,654,000 $10,473,517 $11,049,803
Portion applic. to minor;
Trust
Co.—Secondary
Offering — Kidder,
Peabody & Co. on July 14 offered and quickly sold 15,224
shares of capital stock.
Offering price on the stock
which has been closely held was
261/4 a share.—V. 158,
14,495,365
$3,924,294
—
Fiduciary
$6,626,817 $18,364,134 $18,937,309
1,972,817
7,890,617
7,887,506
public—
and
carriers
157, p.
other
cancellation.
19.—V. 158, p, 189.
July
Falconhridge Nickel Mines, Ltd.—Earnings—;
$9,454,713 $10,329,006 $32,687,147 $33,432,674
to
22,
2249.
'—V.
income
Dec.
on
on
Quarter Ended March 31—
$9,265,383 $10,145,102 $32,304,692 $33,037,438
189,330
183,904
382,455
395,236
(net)
interest
23,196,594
declared
made
were
,
13,534,144
5,872,369
-
cents
p.
13,138,297
13,473,042
1
revenues—
income
Gross
Net
engines
battleships to sub-chasers and
oper.
Other
18,492,268
3,523,604
6,522,039
application will be held
stock, payable Aug. 12
d stributions
1943—12 Mos.—1942
4,772,166
3,509,524
-
now
.
Subs.)—Earnings-
75
.*
_——LA—-
the
upon
Fairchild Aviation Corp.—50-Cent Dividend—
$40,440,272 $37,979,211$141,829,190$131,164,065
12,070,265 1,47,553,302
44,160,830
1,595,705
6,809,292
6,064,699
Property retirement and
deplet. res. aprop.
producing diesels for propulsion and aux.llary power in salvage vessels,
a
dispatch from Cleveland says. • ;
•'.'-L-y-y
A;''.'
The salvage
boats,y driven by twin propellers, operate on dieselelectric power supplied by a battery of four Cooper-Bessemer engines,
according to the. company, ''These vessels play a vital part in reclaim¬
ing sunken ships and their cargoes,"-B. B. Williams, Chairman of the
Board, stated.
>
■
'■
,'-v
•
also
taxes
thereby.
The directors have
common
;
Operation
13,441,929
Maintenance, i1,666,707
Federal taxes
.•
6,034,690
Engines for Salvage
Hearing
1943—6 Mos.—1942
1943—3 Mos.—1942
———...
corporation has extended its line of marine engines and is
affected
under
$4,031,366 $20,829,358 $21,672,236
:
A. A,.V.v'
A AAA
Subsidiaries—
—*,
The
3.943—Month—1942
2249.
p.
of nothing
the
Engineers proposes to hold the shares of its
preferred stock acquired
the plan as reacquired securities
without their
Stores, Inc.—Sales Decrease 7.8%—
Period End. Feb. 28—
■>;
Cooper-Bessemer Corp.—Makes
Ships—
11.4
Electric Power & Light Corp. &
the
Co.
25.5
9,393
$3,717,660
—V.
y'^'
Detinning
Brothers
Period End. June 30—
bonds.
Continental Can Co., Inc.—New Director—
w
20.862
82,296
persons
proceeds ...of
the
82,896
that
of the Commission
rendered pursuant to Section 11
(b)
(1)
of the
Act, dated Sept. 16, 1942, ordering
(among other things) that Engineers
divest itself
of its interest in El Paso, and that said plan is in com¬
pliance with said order insofar as the
plan relates to the divestment
of Engineers' interest in El
Paso, and is necessary to effectuate the
provisions of Section 11 (b)
(1)
and is fair and equitable to the
do not include the system inputs of any companies
both periods.—V. 158, p. 189.
1
'
appearing in
Edison
the sale to the
purchase, in the open market, of such collateral trust gold bonds.
Hearing on the proposal will be held July 26.-—V. 158, p. 188. AA
apply
to
proposes
17.0
states
filing of the plan is pursuant to Section
(e) for the purpose of
enabling Engineers to comply with the Order 'n
11
Pet.
25,638
91,689
Corp.
Light Co..
Amount
102,758
Light
&
1942
150,560
above figures
Sales
stock
1943
176,198
drawn by lot, and a minimum of
$564,916,
stock were
drawn by
lot.
preferred
Engineers
—Increase—
Lynchburg
Gas Co.—
$5
were
190.
p.
■
Crowley, Milner & Co.—Readjustment Plan—
Two registration statements
deposit of the $996,500 of 5
for
the
issuance
The
(2-5175
and 5176)
covering a call for
outstanding debentures and providing
of
$1,245,600 of 4 % debentures
and Exchange Commission June 30.
Securities
under
company,
plan
a
interests
"
of' debenture
filed
were
adjustment
with
and
the
Other
1946,
adopted on Apr.l-1, stated that7 it was calling the deben¬
deposit in order to extend the date of maturity from May, 1,
Oct. 31, .1952, and to make certain other- changes in the
to
The
;
.'•
■
•
A,,'.
-
4-%- debentures would be
new
•
Int.
are
face
amount
T415.
p.
,of
the
debentures
new
'
.
plus
$10
cash.—V.
in
;
Corp.—Charged
I
■
Making
Defec¬
; '
'
^
s
had
been
This
-
unearned.
or
Gross
terials
the
the
of
Air
the
plant of
Aeronautical
Force
Corp.
personnel
Government.
and
helped
The
by
charges
foist
the
relate
charges
that
the Wright Aeronautical Corp. at Lockland, Ohio.
tempered criticism of Curtiss-Wright by saying
its
products
committee termed
had
.
Prov.
of
the
Department
Meanwhile,
Federal
the
the
District
Wright
of
Justice.
Federal
Court
;•
.,r(,:'
.
Corp.
and
eight
of
its
^
Company
officers
?
•'
other
from
.There
of
105
$971,686
$3,603,079
:.and
$3,523,165
3,180
prices
not
4,951
19,355
19,526
;
79,170
408,366
100
> •
98,519
$154,283
38,429
38,150
41,759
24,725
$95,300
$91,409
;-Jv's 5,500
;
$98,727
> >
4,539
;
■;>'
5,500
37,500
Total
5,500
>
"50,000
$43,227
'
"
50,000
50,000
$39,800
\
$35,909
:
.
1,267,613
1,171,812 ti 1,053,763
'
Cr 124
Z)r663 >.
Dr7,031
>V';'X '.-■■■
30—
$1,283,529
purchases
$21,219,292
in
389,925
1,544,755
in
Earnings
per
21,283
83,500
75,388
$1,543,923
class
1942.
1,594,729
$1,430,970
for
$1,215,163
the
966,066
Cr9,867
y-
6
$1,092,900
months
1942.
$1,011,842
$12,290,971
were
;'V
'
In
...
■
•
45,100
called
for
v
,
$467,887
El
be
Wall
made
the
at
office
Street, New York
of
J.
Tv"
.
City.—V.
cash
to
combined
$0.48
1943
ShceJ,
June
accounts
/
31,107
$5,852,818
$6,993,602
•
$3,494,500
$3,969,500
109,605
-
and
112,516
payable—
notes—
payable..
5,900
40,924
—i
30,235
;
442,500'
stock
-
preferred
($5
(capital
Total
1,951
stock
($5
surplus
299,259
—
par)__
par)——
.
$513,005)—
392,788
200,000
.
625,000
:—**
1—
"625,000?'
1,283,529
1,215,>163:|
$5,852,818
...
■"Represented
13
of
$366,554
67,216
19,261
*
—
*1
Surplus
,
42,894
$6,993,602'
,17,517
15
^
100,000
*
—;
accrued
ten-year
cumulative
""Common
16,656
^
requirements.
debt
1942
'
1,146,283
:
a
—*
taxes
interest,
in
$5,748,996
.
notes
State
A
$0.74
1,097,405
——
...
_i™
—*
and
'
-
class
and
39
—
receivable
Sundry
$338,973
15,967
Balance
securities..**>
assets
term
1943
.
————
accounts
of
shares
in
1943
States
in
$4,593,257
banks.
Accrued
5Va %
*
dividend
$12,749,058
•■>.
amounted
Liabilities—
158,
23,153
;
taxes
Preferred
on
stocks
:
Reserves
$405,701
'
taxes—
Interest
and
125,000
totalled
■>;;
share
common
invested
Cash in
Short
1942
1943
^
160.
the
1942.
;
Federal
P.
(Del.)—Earnings—
May 31—
revenues
income
months
Total
as of Sept. 1,
1943, a total
bonds, series A, due March 1, 1970,
will
23
Paso Electric Co.
Total
6
.
Sundry
redemption
Payment
Co., Incorporated,
v
>
12 Months Ended
the
Comparative Balance
Net
Other
been
B
for
Assets—
taxes
interest.
collections
361,802
> 380,491
;
$955,852
have
&
Federal
exceed
to
$64,987
'
—*
and
June
Total
Funded
Co.—Tenders—
at
$252,802
-
•'
$22,947
$22,222,114
and
40,750
4,925
.
8,470
.
$13,076.50,
57,666 )
period
-earned
and
(2)
1943—12 Mos.—1942
189.
p.
86.
P-
Other
p.
43,034
44,764
.'
Notes—(1)
deduc¬
income
and
Morgan
Maryland Trust Co.t trustee, Calvert and Redwood Sts., Balti¬
Md., will until Sept. 6 receive bids for the sale to it of first
mortgage 30-year 5%
gold bonds due July 1, 1951, to an amount
exhaust
y-1.-;:
1,889
$97,000 of first mortgage 3 V4 %
at
The
156,
for
dividends
capital,
1943
more,
to
33,139
State
dividends>;***:
Surplus,
(3)
income
158,
Expenses
interest.—V.
">■
Elgin, Joliet & Eastern Ry.—Bonds Called—
the
over
$175,488
r
Only
,
Danville Traction & Power
sufficient
'
-■
United
A;;.-A •'
/
$199,427
_.—**;
Surplus, earned & capital, January 1.***—
Surplus adjust., net.—
than
taxes
for Fed. inc.
-V.
alleged sale to .the Government of "defective, < sub,-standar- dand un¬
satisfactory" airplane motor materials. (New York "Times,")—y. 158,
p. 189.
" '
< '
'
•
"
92,302
&
Net
that
Government, in a complaint filed in the
Trenton, N. J., sued for damages against
at
Aeronautical
.
profit
Common
75,388
1943—3 Mos.—1942
v
been
.
yc
$278,729
103,241
i:-.
taxes
Preferred
$8,626,369
of
performance.5 While many other planes were praised almost the
only kind words for Curtiss-Wright airplanes were for cargo planes.
The charges against the Wright Aeronautical Corp. were so grave
that the committee said it had referred them to the war frauds division
y
&
*
1940
$313,442 '
114,015 '
'
Fed.
1,594,729
83,500
$1,480,559
other
taxes
tions
all
X
* *
of
1941
$142,890
income
...
for
Net
19,526
exceptionally good.
Nevertheless, the
disappointed with the aviation concern's over¬
itself
operating
incomes
40,750
$8,073,622
.
Earnings
income
Inter.
ma-
report
of
*
Expenses
some
operations
'
income
Other
defetctive
to
86,274
Interest
361,802
21,283
.
v,
1
taxes,
Fed.
encouraging over-all
conclusions,
however,
were
by sharp criticism of Curtiss-Wright and its
Wright
the
upon
The
jsome
-
Fed.
\
.
$229,164 >
Net
895
$3,475,985
45,100
carried " to
1942
'
overshadowed
members
.
other
and
somewhat
/
'
19,355408,366
1,544,755
389,925
——$3,061,880
Period End. Feb. 28—
as a whole, the Trumarv subcommittee,
Wallgren, Democrat of Washington, said,
C.
unequalled anywhere else in the world.
subsidiary^
1*
Mon
/f
.
3,180
4,951
79,170
■'
380,491
1
Baltimore—Earnings—
1943
res.
losses)
Surplus
'
."-The country's plane program
Senator
for
(less
Operating expense
$10,049,278 $10,643,176
8,470
earned
earned
charge that a wholly owned subsidiary of the corporation caused
Government, through falsification, to accept defective materials
was made July 10 in a sweeping report on the aviation program made
public by the Truman committee.
:.V'> ■'
by
1,889
4,925
deductions
the
headed
756
•
surplus
$3,016,780 $3,454,702 $7,990,122 $8,550,981
*Full dividend requirements applicable to respective periods whether
-
:
The
income
•"
92,302
other
Balance
With
$3,958,501
:/
Prov. for Fed. inc.-taxes
156,
•
Curtis-Wright
310 '
$3,541,487
taxes
&
Balance
-C"-y.:.
tive Engines—
Gross
.
: 445
other than;;
income taxes—
Fed.
31,140 shares of $50 par value prior preference stock
outr
standing, the company stated. Under the plan of stock readjustment;
y'. -the company would offer, in exchange for each share of such .stock
-
•"
''
—*
taxes,
Other
$40
A>
'
",l*
$3,956,191 $10,048,522 $10,642,281
Expenses
readjustment.
6 Mos. End. June. 30—
A'>V>
$3,958,191 $10,048,522 $10,642,281
—————
stock
There
A;
•.
Finance Co. of America at
407,522
Prov.
Fed.
only to the holders of prior preference stock as a part of the
consideration lor. the ^exchange of 'such stock under "a plan of capital
>V.
424,995
•'
$3,541,042
&
income
Total
.rV-AV-AAv \
July 1, 1943, and would be
offered
;yi<
A' AAAA-A.
V;■
,
dated
695,809
Light Corp.—
(as above)—. $3,541,042
Power
agreement
provisions of the debentures.
383,252
Corp. in inc. of sub.
Electric
deposit
Net equity
-
>
.
"Net equity of Electric
Vi/. Power
and
Light
tures for
A
—
class
B
75.000
cy
stock.—V.
shares
157,
of
class
stock
A
and
50,000
shares
'
1843.
p.
$302,849
111,425
(The) First Boston Corp.—$1 Distribution—Earnings—
111,425
$255,129
$191,424
The
Balance
for
stock
common
and
surplus.
'
Diamond
Co.—Secondary
Offering—Mellon
Securities
Corp. and
Lee
Higginson
Corp.
jointly
effected a secondary distribution July 9 of
3,700 common
shares at 58y>, with a commission of $2 a share to mem¬
V
bers of the
National
—V.
.
1423.
157,
p.
h
Diamond
*.;
dividend
A
value
of
15
of
Payments in
1942
and
Aug.
1
cents
'
.
>A^AA>:V-
share
per
payable
each
has
Aug.
were
cents
were
and Nov.
•
J
10
follows:
as
2,
10
cents
,'t'
2
been
made
30
2,
/•'
dividend
j
of
50
the
on
payable Sept.
f
.
1
paid
1,
1942
<
and
June
on
were
Dec".
50
share
per
cumulative
to holders of
last,
and
follows:
as
1,
cents
5%
cents
has
cents
March
3,
each.—V.
50
157,
May
May
declared
preferred
2.
This
March
/
.
Other
"
.
par
Eastern Massachusetts
with
of
The
of
this
and
Sept.
-
at
will
n
have
At
v
voting power at the
their
meeting
the
on
Public
lution'expressing themselves
as
'•'/
without
AA,
dissenter
passed a reso¬
in favor of extension of public control.
a
Unless the
157,
and the board
the
V.
present
157, p.
of directors
trustees
a
the
act,
may
appoint
third; until their
remain
in
two
successors
office.—("Boston
News
new
are
marized
the
trustees
—
to
has
ended
'£[h ating companies of
American
Power
&
July 8,
1943,
the System inputs of client operEbasco Services Inc., which are subsidiaries of
Light Co., Electric Power & Light Corp. and
267,144
$35,685
$579,116
$596,549
67,501
int.
Payment
67,501
*
The
(Del.)
$511,615
of
share
>
$6
The
holders
of
share
in
2
$529,047
As
tenders
will
by
would
of
shares
from
stock
which
Engineers
be
of
"
its
would
is
Co.
(El
stock
by
the
preferred
be
sold
vary, between
for
a
The
Florida
of
lot
on
would
of
El
be
offered,
Paso
plus
$30
'
National
total
a
at
102
Bank
until
of.
stock
of
stock
stock
El
Paso
would
of
are
El
plus
be
Paso
$25
all
of
The
of
to
the
date
the
El
(not
Paso
maximum
cash.)
The cash to
odd
share
be
$770,340,
if
of
of
El
the
be
than
the
stock
common
of
$22
will
lss
stockholders)
consummation
a
offered,
plus
they
received
specified
a
mailed
(The
of
Co.,
>
of
*
Inc.—Semi-
for
the
6 Months
Ended
of
results
*
1943
$3,510
—
205
$3,715
4,698
over
$1.50
Note—The
cumu.
statements
4,015
income
(without
the
giving
effect
to
8,346
—
dividend
of
3,348
....
security transactions)
on
30,
—
:
1
expenses
of
June
—
preferred stock—
company
for
the
25,500
—
six
months
ended
June
30, 1543, show net assets as at that date of $36.76 per share
$1.50 cumulative dividend stock (preference in
involuntary liquida$25 per share and accrued dividends)
and $0.72 per share of
common stock.
A' A''■ "A>
! Balance
Sheet, June 30, 1943
; > '•
of
sold
(not
in
banks, $1,201,474;
accounts
receivable
trans¬
25,678' shares
Paso
paid out
nothing
common
by Engineers
but $6
pre¬
'
Liabilities—Accrued
expenses
and
cumulative dividend preferred stock,
preferred
$52,500;
stock
surplus,
Franklin
An
for
securities
delivered),' $62,072; dividends receivable, $1,440; accounts
(affiliated companies), $16,560; deferred chargs, $239; total,
receivable
$1,281,785.
Engineers
stock.
maximum
2149.
p.
expenses
Assets—Cash
Engineers would be offered,
of
on
retirement
157,
Engineering
bonds
income
Management
Paso)..
cash
Fla.—V.
stocks.——..
on
the
stockholders
and
••
common
is
Total
sum¬
of
'
stock
of
preferred
disposed
in
at
tion
stock
common
recept and
invitation
drawn
made
Industrial
on
earned
Dividend
preferred
Engineers
.
stock
such
result
is
8V2%)
Gas
common
common
of
preferred
2
their
after
Engineers
would
Engineers
stock
$5
held,
upon
weeks
action
shares
SEC
'
numbered
held
:
shares, of
'.
2
be
Corporate expenses
Capital stock and sundry taxes
Plan—
-
.
of
share
the
Natural
Paso
dividends
.■
•.
■
holders
each
Paso
El
■
Cash
Interest
Excess
(approximately
tenders
the
$5.50 preferred
held,
cash.
The
.••/
El
preferred
held,
■>
each
for
,
shares
of
invite
stock
casn.
for
of
to
proposes
their
Co.—Divestment
application with
•*£*••.•
51,357
stock
owned.
Annual Report—
•
,
common
holders
each
Service
an
owns
following bases:
for
in
will
Jacksonville, trustee, Jacksonville,
$863,693
261,955
J
filed
now
exchange
the
three
Services Inc.—Weekly Import—
week
$841,072
22,035
$48,145
follows:
as
Engineers
tenders
For
$57,720
requirements
Public
securities
Dr38,090
2347.
p.
outstanding
appointed
Bureau.")
2148.
Ebasco
Dr23,874
applic. to El Paso Electric Co.
in cash.
under
Dr2,098
21,794
-
on
company has called for redemption as of Aug. 1, 1943,
$685,000 of 1st mtge. 4% series C bonds due
July 1, 1955,
of
Earnings
Engineers
for
Governor,
Drill
-A
appreciation
Florida Public Service Co.—Bonds Called—
$901,783
$69,939
—
net
a
1, 1943, through June 30, 1943,
taxes, is estimated at $1,042,000.
for
reserves
include
The
Foundation
dividend
Balance
—V.
legislative act is accepted, public control of this company
will
come
to
an
end Jan.
15,
1944.
If acceptance is voted, public
control will
continue for five more years.
The present trustees are
Arthur G. Wadleigh, Chairman; Edward M. Hamlin and Edmond P.
The
$864,946
amortization
Balance
Preferred
Talbot.
*
429,068
$59,818
1
a
meeting.
directors
433,827
V '
meeting on July 14 fixed Sept.
10
at 2 p.
m.
as the date for a
special meeting of stockholders to
vote
on
acceptance or rejection of a legislative act extending the
period of public control and management of the road.
Stockholders
of
record Aug.
10 will be entitled to vote, and all classes of stock
company
595,275
34,612
U
j.———
&
Engineers
directors
244,836
426,627
$70,656
—
not
603.
p.
'
$1
Payments in
1648.
Street Ry.- -To Vote
294,734
1,107,219
,
$50,
Control—
£
revenues
Engineers
?
37,099
157,
period from Jan.
adequate
does
1,588,522
439,323
63,446
figure
—V.
$4,186,111
1,745,024
36,628
■
105,820
*
income
Interest
"
,
J<
(
taxes-*
$4,885,073
-•
28,153
36,619
*
cper.
Balance
■
account
on
$1,
29,697
^
income
taxes
Net
v
.
stock,
1,^1943.
14^096
1, 20 cents;
compares
June' 1,
$365,753
154,887
for the
after estimated
Th's
and
20.
1, last.
Ltd.—Accrued Div.—
cents;
p.
$434,778
*
Net income
V
1943—12 Mos.—1942
par
July
;v•
been
Aug.
on
record
no
(Texas)—Earnings—
1943—Month—1942
revenues
Maintenance
Other
the
on
189.
p.
.
redeemable
record
50
May 31—
Operation
A.A.;
Federal
and
1
cents;
158,
' •'
of
Feb.
on
each.—V.
'
declared
holders
to
Feb.
amount
Depreciation
Dominion-Scottish Investments,
A
dividends
Operating
Securities Dealers.
directors on July 14 declared a dividend of $1 per share on
capital stock, payable July 30 to holders of record July 23. A like
was disbursed on Jan.
30, last, as against 30 cents on Jan. 31,
1942, 60 cents on July 29, 1941, and $1.60 on Jan. 28, 1941..
2347.
p.
El Paso Electric Co.
Corp.—15-Cent Dividend—
stock,
Distributions
of
157,
Period End.
:.A-.7A'A
Shoe
common
Association
>a j>A-AA.
A
,
f
*
-V.
Alkali
the
extra
($1
par),
$34,000;
$1,163,539;
total,
Fire Insurance
dividend, of
20
cents
taxes,
$6,246;
dividend
'" ">■'
on
$25,500; $1.50 cumulative
common
stock
$1,281,785.—V.
<10
158,
p.
'■/,
$1.50
dividend
cents
par),
190,
Co.—Extra Distribution—
per
share
and
the
dividend of 50 cents per share have been declared on
usual
the
semi-annual
capital stock,
$5. both payable Aug. 2 to holders of record July 20.
Like amounts
were disbursed on Feb.
1, last, and on Feb. 2 and Aug. 1, 1942.—V.
157,
p. 344.
par
.
meet
To
such
shortage
the
rice,
as
industry of brewing adjuncts
brewing
the
in
placed on the market
gelatinized substitute known as
a
Fromal, it is
announced.
The
exceptionally
there¬
of the
indicated that additional equipment will shortly make it
increase production and thereby bring relief to brewers who
fully equipped to turn out
is not as yet
company
large quantities of this new product, ana the present supply is
fore limited, but Kurtis R. Froedtert, President and Chairman
has
board,
possible to
difficulty in obtaining rice, grits or flakes,
Froedtert cited the new product as the company's
having
are
Mr.
third recent
the brewing industry.
Th(j first, he said, was K. K.
The second was the purchase of the
American Malting Co. at Detroit, which had been idle
fcr two
years and is now in full production
24 hours a day. The
Capacity of this new unit is more than a million bushels of malt
to
contribution
Malt,
pale high dextrine malt.
a
plant of
a
the
addition
to
the
Detroit plant, the corporation's two main
unit at Winona, Minn., are operating at
new
and
Milwaukee
at
■
.A
:
year.
In
units
a
.A "-A''-. V";
capacity.—V. 157, p. 992.
top
Inc.—Asset Value—
Investors,
Fundamental
increased
member
Products
"I
Securities Corp.—20-Cent
Fulton Industrial
This
IT cents on
Galveston-Houston Co.
$503,118
$7,716,721
3,494,052
59,928
868,442
647,363
and
taxes
Other
70,120
63,795
754,232
566,604
$95,059
$1,418,666
$1,178,991
Net
600
2,912
v'
$98,697
$94,769
$1,421,578
$1,177,603
44,443
33,780
509,178
income
..
profit from oper.
other income or
$3,909
AAA42A---
16
Total
Depreciation
of
Amort,
declared
Divs.
157,
103,652
8,821 A,,
4,181
57,996
114
130
1,509
"
s
$762,784
$647,209
189,849
140,196
The
assets
Investors
Inc.—Semi-Annual
Co.,
reduced
net
The
by
assets
as
amount.
of June 30, 1943," without
this
preferred stock; the net asset value
per share of common stock, without giving effect to the possible exercise
of the outstanding warrants were $14.96 as compared with $12.85 as
of March 31,
1943 and $9.30 as of Dec,; 31, 1942.
If all warrants
entitling holders to subscribe to common stock at less than the above
net asset value as of June 30, 1943 had been exercised on that date,
the resulting net asset value would have been $14.48 per share.
The company redeemed on Feb. 27, 1943, for the sinking fund, 2,000
shares of preferred stock at a cost of $200,000.
"" '
' ■'■'./y -y'equivalent to $403.90 per share of
Comparative Income Account for 6 Months
yy
Dividends
Interest
'
A
bonds
on
income
Total
Interest
on
bank loan—
$527,143
yt 11,699
$538,842
165,000
."y.--—,
':.
" Av
of redempt. or exchange of 5% debs.—
Exp.
Taxes
tee
Other
'.$58,136
paid and accrued
register,
Transfer,
;g'y^Dr6;-;
Drl5
\
favors
Two minority preferred stockholder groups are contesting
claiming it is inequitable and unfair to preferred holders
common stockholders.—V. 158, p. 87.
:•.. jyt ■
AC
' A
States Utilities
Gulf
Net
expenses
income
!
,
34,817
"
29.483
1,452
,2.27,301
■.
Federal
revenues
income
Net
revenues
oper.
received
a
has
been
2
3,960
.2.2 29,657
$363,882
$362,013
income
Interest
201,000
210,000
214,500
in view
stock.
$No provision for Federal income
of the company's election to be taxed as
regulated investment company and the expectation that substan¬
all net income for the year from interest and dividends will be
y
v/y'yy:;-: ■'
"■ y.-'y
2
tially
distributed,
Balance
Assets—
The
Sheet,
June
30
for
—V. '157,
1943
1942
—_—$17,801,292 $18,771,312
8,474
46,000
1,437,859
2,653,523
receivable and interest accrued.
1
57,947
80,103
*
—
—:
-
$19,305,572 $21,550,938
—V. 157,
3j/2%
preferred stock
(no par)—
—
——i,
stock
debentures,
Interest accrued
1, 1952
debentures——
——r ,
Payable
for
securities purchased-————.■—
Reserve
for
taxes,
Preferred
Capital
Profit
payable
dividends
—J-
securities
Undistributed
sold^L
income
—,
——
$3,300,000
1,300,220
2,346,000
34,212
$2,805
*Represented by
1,235,107
$1,850,025
584,968
stock
—
surplus—
and
$1,273,348
;
$1,265,058
;!'%'7's
Co.—10-Cent Dividend—'
share has been
10 cents per
declared
/:
■
on
$2,928
filed With the Interstate Commerce Com¬
permission to put into effect, tem¬
porarily, a 10-cent fare on the downtown line running between New
York City and New Jersey.
■
•'
•'
/ ,
y
The increased fai-e
would continue in effect until tokens Could be
$2,380
1.452
2,011
1,500
$1,101
$917
:
$1.20
$0,120
Tenders—
a
:'h
483
448
489
of
effect
for
such
General
Corp.—Earnings—
accumulations
of
Interest
on
bonds and
lapsed
from
Revenue
on
'
5,833
7,784
follows:
and
Directors' fees
Rent,
$65,268
14,118
notes
options—
:
Statistical
.
1,180
—^——
—
Jan.
fees
Custodian
■
Interlake
ized
called for
been
of
Chemical
three
$67,168
expenses
new
Balance
Assets—
A.
1
—
l.———
—
71,500
99,000
13,869,944
13,969,944
209,222
493,149
Drl7,888
447,950
$37,483
60,927
Chemical
Sheet
y
.
Corp.,
corporation
the
of
and
and
on
?
——vy———.
1<541
• y
—
receivable!,—L.'y
12,357
1,541
4,1
payable
dividends
^ $19,305,572 $21,550,938
1,300,220 no par shares.—vV 157, p. 1557.
—
—y
.
$2,700
33,769
:
payable
————
.
.
,
.
100
$34,762
33,769
2,391
1,807
.
—
*—.
2,000,000
2,369,000
series—y——.1" ", 543,600
dividend seriesyy_._———J—6,300
563,700
6,300
5%
due 1953—
;
66,989
66,989
Capital
2,058,932
2,058,898
Earned
34,328
stock
($10
par)
—
surplus
—.—
———_y_—*'
surplus—Deficit
——___
Preferred stock purchased for retirement—i-.—
—V.
157,
—
p.
'
■.
y
;'■•
y
,
operation for the past
2041.
—
——
Leigh
Willard,
President;' Earl
Doig
and
J.
A.
and Leigh Willard.—V. 157, p. 1743.
Z. Mitchell
Railway
(Buffalo)—Allowed
"
Cut
to
y-'Vy;^
difference
to
for
reserve
P. S. Commission July 8
$167,075, and to transfer
rail property depreciation.
Commissioner Maurice. C. Burritt, who directed a previous investiga¬
resulting in the ousting of Mitten Management from-I. R. q,
,
tion
asserted the company's balance sheet shows a deficit of more
$6,000,000 as of April 30—the deficit exceeding the stated value
common stock plus the stated accrued depreciation.
affairs,
than
of the
proposed transfer of $2,027,776 (the difference from the capital
from the stated value of the common stock dissipates to
a
possible misapprehension on the part of some that
common stock
may have such value," the Commissioner pointed
"The
^
that
the
—
89,442
Dr20,066
$4,679,869
$5,026,300
extent
out.
amount
"The
of
is
——y_„_i—___y—
Convertible debentures,
Total
,
organized to process, chemicals recovered
in by-product coke ovens. Interlake Iron's
reduction)
$4,679,869 ',.$5,026,300
accrued
Common
'
1942 ;
$4,338,090
674,312
99,346
2,542
16,668
hand—,..
accrued interest
Unadjusted credits
$5.50
.,
v.
i $4,559,771,,
'''
dividend
;
:
was
of coal
board;
Millikin, J.
the
Dec. 31,
..
'
1943,
—
Preferred
to be owned jointly by
and the Great Lakes Steel Corp. of
Company, received authorization from the
to reduce its capital stock from $2,194,851 to
■:
:
June 30,
receivable
equipment
Taxes
company
new
a
Stock—
''
y;':•
h ;
.
'f..'
——
y
Coal
incorporated in the State of Delaware with ail author¬
i
*$23,444
y..
■"'
y.'
banks
Dividends
Handle
3,357
61,024
yy'^y'y'v:,;'Vy;.,;-'si.,yy:::V:V;?y..
in
To
tar acid and naphthalene plant, now under con¬
have been acquired by the new corporation.
•■• ■-'
officers of Interlake Chemical Corp. are; George R. Fink, Chair¬
The
$40,840
1,048
—
*Loss.yyyV'.:y';/'y-• y.'y>;
Cash
Formed
Michell, Vice-Presidents, and J. R. Alderman, Secretary and Treasurer.
Directors are George R. Fink, George Humphrey, Earl Doig, Severance
and taxes payable under deben¬
int.
indenture
;,'(y.,
10, 1043, a total
years, and its
in "Chicago
man
——-
$5,095
■
of Aug.
struction
387
$66,120
;,'■■
Called—-
as
•Chioago tar distillation plant, which has been in
1,119
l-i
875
...:
::
ture
redemption
Corp.
capital of $5,000,000.
The
738
1,810
and meetings.—
Balance
Debenture
(
10-year
from the distillation
2,177
853
1459.
p.
—_——v,——
Stockholders' reports
Miscellaneous
have
Detroit has been
500
v
made on April 15,
$2.50 on Jan. 15. Distributions in 1942 were as
April 15,<■ July IS and Oct. 15, 75 cents each;
the Interlake Iron Corp. of Chicago
1,071
556
2,772
cumul.
$7
28,' $1.25.—V. 1ST,
Dec.
Interlake
914
2,060
share was paid on July 15 on account
preierred stock, no par value>
per
the
$2.50;
15,
$703,009
2,465
1,061
fees
agent, registrar and trustee fees—
Auditing
1
-
Aug. 9
M.
By-Products—
940
:■
2,686
expenses and insurance
and other services
office
A.
sinking fund 4% convertible debentures, due
April 15, 1947, at 102 % and interest.
Payment will be made at the
Continental Illinois National Bank & Trust Co., trustee, Chicago, 111.,
or
at the Manufacturers Trust Co., 55 Broad St., New Yora, N. Y.
112
194.3
$77,537*^
•
—.,
'
trustee, Broad and Chestnut Sts.;
Co.,
10
Interlake Iron Corp.—Debentures
1942 . ;
$54,755
5,524
4,877
887
'
stocks
dividends——.
stock
cents
.on
with
compared
last,
'
11,021
dividends
Cash
Taxable
until
holders of record July 8.. A similar payment was
to
to
$92,042
6 Months Ended June 30—
Income:
"
*
will
Pa.,
dividend of .75
A
.
renegotiation
Service
recently authorized by
9-cent fare,
..
There
Public
>
•,
The Land Title Bank & Trust
1942
in
a
87.
.
possible
not
is
It
Government.
the
for
receive bids for the sale
to it of 1st mtge. 6%
bonds, series A, dated 1854, and 1st mtge. 6% '
bonds, seTieS B, dated 1857, to an amount sufficient to exhaust $31,526.57 at prices not exceeding par and interest—V. 154, p. 1148.
^
-V
iy -y"y"y':y- yy;
:V
Hutchins Investing Corp.—Accumulated Dividend—
a
by
asking
Huntingdon & Broad Top Mountain RR. & Coal Co.—
$1.25
'
$e.i50
464
July 9
on
peWtion
new
a
and put jnto use
the Commission.—Vy 158, p.
$0.125
$1.50
■
"
company
produced
$880
^
Fare—^
Hudson & Manhattan RR.—Asks 10-Cent Tube
mission
the
than what is now
"While
represents
The
the
"sheet
proposed
distinct
a
now
company
167,075
profit
loss—deficit—is indicative
which if its financial condition
and
proposed.
balance
the
in
company,
materially improved, requires more drastic action
corrected or
nevertheless
and
shown
now
true condition of this
to be
shares
•
as
leaves much to be desired,
the existing inadequate reserve
revised
transfer to
improvement."
has 16,097 shares of preferred stock
of common stock.—V. 157, p. 2157.
(par
$100)
Syndicate—SEC Loses—Court Rejects Move
Investors
to Prohibit—
Federal
Judge
motion for a
Total
1,228,934
$1,858,316
584,968
123
of
$6
70,036
67,000
96,000
etc
surplus
on
$3,200,000
1,300,220
due Feb.
on
102,629
$114,110
the common
stock, no par value, payable July 19 to holders of record June 23.
This compares with 15 cents paid on Dec. 21, 1942, and 10 cents on
July 20, 1942.—V. 156, p. 162.
;
(
>.
1942.
p.
Accounts
Liabilities—
•Common
Dr34,081
$3,085,133
2348..yv%::.y.';::C^;,;yyy:y
p.
for taxes
Total
$6 cumulative
Dr35,575
$3,087,249
101,620
common
dividend of
A
debenture discount and expense.
taxes
Office
-
——
Dr5,095
Harrisburg Railways
;
at this time.
in 1943 is based on the 1942 Revenue
as originally computed • has been
adjusted to reflect liability incurred under the Revenue Act of 1942.
the
Cash
Total
$3,119,213
$216,739
requirements—u--.
dividend
Philadelph.a,
Provision
Accounts
Dividends
*
$163,711
—
Balance
247
$2,553
$1.62
The provision
(3)
Act,
Investments
(at
owned
1,148,752
1,120,205
$3,122,824
2,420
amortization
&
Preferred
increase
in
renegotiation
cost)
Receivable for securities sold
Securities
98,753 s;
$221,834
$265,331
(net)
"
Balance
*$2,380
$239,846
1.94,000
preferred
in
made
"
99,971 y
$262,911
i.
Balance
$2,627
$2,146
;:y $0,162
resulted
not
through
$19,323 in 1943, $13,999 in 1942 and $17,256 in 1941
market value of securities received as dividends,
tlncludes $4,600 in
1940
261,069
;,V
'
Other
in profits before taxes (1943 over ,1942)
proportional increase in net profit after taxes
because of adjustments in taxes due to allowable losses and profit on
securities.
' '".v'.Vy
■■ " y '■
•• f.
y
(2) Profits for 1943 and for the second quarter of 1942 on Govern¬
ment contracts and sub-contracts are subject to possible adjustment
•Including
tax
A
taxes—
Other LaxeSA-AyAAAA
%
1943—12 Mos.—1942
$988,443 $13,378,488 $12,345,128
4,296,984
4,067,462
338,212
664,972
629,281
57,248
1,624,401
1,572,940
133,450
2,549,101
1,807,479
: 138,947
aiA $1,229,368
404,349,
'__»A
Maintenance
AAAiaA ,yi; 63,101
:
137,967
Depreciation 'lu—
Operating
*250
.
.
2,552
amortization of
Notes—(1)
has
Transfer
$349,242
y——
pref. stOCk—2..
on
Earnings-
Operation
International
Divs.
Co.
1943—Month—1942
Period End. May 31—
25
$3,055
$2,393
247
;
share of
per
stock
B
"Including
""" 2-1.22
15,838
r
20,858
17,496
22,173
65,422
y
69,555
87,534
78,207
trus-
etc.—
expenses,
;
,
debSi/j'yy,—2—i2;.'2
of disc, on
$2,408
1940*
•
$530,167
$620,308
.,41,055
86,502
;
—,2:22
8,528
13,057
debentures,
on
1941
*$602,496
17,812
*$480,709
43,459
$488,639
___
Interest
Amort,
calendar
"
$2,602
y
Depreciation
deducted
in
computing
net
Ended June 80 :.-A, Aa!,
1942
3943
$475,583
stocks.—
on
$3,031
J
$1,183
stock—______
A
profit
determine
deduction for possible
appreciation of realized, referred to above,' were
Federal income tax on
'
y.—
•
class
1943 net assets of $25,850,184
to
be
-
*250
profit; —;
reports as of June 30,
for the
would
plan,
and
8,288
$3,735
profit ■
profit per share of
Net
the preferred and common stock.
The increase in net
six months, after dividends of $194,000 on the preferred;:
stock, was $7,355,319.
Included in this amount is appreciation (after
deduction of State and municipal taxes) of $6,777,648 in the value
of securities
over
cost.
If such appreciation were realized and no
dividends paid therefrom, the Federal income tax, under existing law,
would approximate $1,787,000, and the net assets as of. June 30, 1943
applicable
the
The
■
(estimated)
•
company
Court,
should
by a
another
The case will be reassigned to
Vice-Chancellor Wilfred H. Jayne's
because
a;a-
,
Chancery
in
crowded.
is
Income
Fed.
for
Net
?
Net
.
American
General
9,780
secur.
prcf. before taxes
class
Report—
hearing
the
stockholders.
of the
Vice-chancellor
;; $10,890
$3,733
of
sale
& excess profits taxes
i;
26,164
$47,857
—
yy
majority
at
13
July
determine whether a permanent injunction
the recapitalization plan already approved
N. J„ to
issued against
be
407
■
debentures
on
on
Net
com¬
on
2448.
p.
105,855
$41,152
expense
stock
mon
—V.
Profit
Prov.
_:_i_JJayy.
income
Net
.
,
taken
was
Trenton,
#•;,
44,455
7,753
3,235
debt
A;'A "A";
•f
equipment
on
etc.
notes,
■'
"i;y:.;
Co._
Electric
ton
Interest
$837,224
$912,400
$60,989
$52,254
Hous¬
bonds,
on
1943
$12,841
''
income
Gross
Inter,
-
,
$3,985
'
Interest
Balance
?.
if is
program,
340,379
(net)—
income
11,738
■charges
Dr 1,387
'y.
Other
Gross
Dr 290
i
1942
1942
exps.__
sales &
of
Net of
Operating income
action
No
•
%
;.y; ;y
;
$10,124
7,716
$15,647,;:
sales
Cost
$96,097
—v——
total
The
in capacity in plate finishing, power,
facilities, as well as floor- space.-—
Guantanamo Sugar Co.—No Court Action—
243,806
1,181,330
49,415
201,920
:
work.
analysis
and
handling
and
>;
.
.
.
and laboratory equip¬
company "to Carry on
'
3 Mos. End. Mar.,31
3 Mos. Ended June 30
1943
Net
y A aa. .;''■■
excess
taxes
research
furnaces
y. 157, -p. 2150.
■
(000 omitted)
Earnings Statement
•' AJ'Ay'., A'-
.Period—
,
2.371,086
.
income
profits
effective
heating
changed and it is not out of order, therefore,
that the custodian at this time should select some successor as chief
executive of this company." A AAA;' '.AA
A-'Aa'.';,
v'AA'yAyyA "'a';
$5,007,850
234,921
86,453
Maintenance
""
program new laboratories
installed which will permit 'the
been
said, includes material increases
A':;/' 'A,Ay:-^yA\y;t A-A,
A/-y„"
y"..;y ,';y a y
on.
Comparative
307,952
Operation
carry
>
~.
.
.
"Policies have now been
1943—12 Mos.—1942
$762,541
revenues-i...
Operating
to
Co.—Expansion—
expansion
have
more
y.
'■! '•-.A."...
y\K."'/-
■;
this
For
of production,
rate
■
ingot capacity
ment
as
.a;a
•
the
1942
$859,883
.-
it was stated.
gram,
16 months the
past
$50,125
1943
$960,670
1942
$44,477
of this company will be increased by approxi¬
mately 70% by the new $12,000,000 plant being constructed, for the
Defense Plant -Corp., which is now ' hearing completion. The bulk' of
the additional ingots
will be rolled plates for the shipbuilding pro¬
vpyt'I was given ample authority for these purposes and I have donq
the job to the best of my ability. The mission assigned to me has been
accomplished, and the present staff and officers are fully competent
the
(& Subs.) — Earnings-
1943—Month—1942
Period End. May 31—
Fed.
Dividend
dividend of 20 cents per share on
of record July 15,
9 cents on Aug. 1,
Feb. 2, 1942,-r-V. 157, p. 220.
par
compares
and
a
$1, payable Aug. 2 to holders
with 5 cents paid on Feb. 1, last,
stock,
common
1942,
declared
directors have
act
—Jan. 1 to June 30—
June 30
,
191.
p.
Granite City Steel
:v,;
'
v
,
r!r.—Earnings—
revenues
158,
Steel
expanded capacity of the same plants,
has increased 50%. Operating
profits have been doubled and prices of many products reduced.
the
"In
represented by
The
—V.
Film Corp.
&
management.
J
157,
'
.
____
9 Days End.
Operating
Chairman of the Board and President of
for the purpose of running the company
at maximum capacity for the war effort; to select competent Americans
to replace the former officers, staff and key technicians of German
origin who had previously been removed, to the end that this company
•could operate along sound American business lines independently of
German trained personnel.
.■•A'.-A .
"The company is now satisfactorily staffed with competent Amer¬
icans.
We have found the plant organizations are composed of men
of
excellent ability and they have
co-operated fully with the new
the demand for equity
continue to be reflected in
p. 2448.
,
will
was
Property Custodian to
General Aniline
•
prospect
'
Six
Months
^
$
422,047,000 519,482,000 941,529,000
299,120,000 566,252,000 865,372,000
1943
...
.
Quarter
2249.
p.
Period-
public after the stockholders'' meeting Mr.
;V.
,
a
1■ A-A'''''yy:y-y
appointed by the Secretary of the Treasury and the Alien
said:
„
157,
Second
Quarter
^
Georgia & Florida
;
A
A A-
»"
1943
—V.
made
statement
a
McConnell
•-
securities."—V.
:yy
Marshall, resigned some months ago.
In
period
re-elected directors. The other
of the former board, George M. Moffett, President of Corn
Refining Co., was not re-elected. A fifth director, George E.
,
this
:V'y.y>
meeting of the board on July 28.
Dr. Williams and Dr. Wilson were
company's quarterly report reveals that net assets
$828,112 in three months ended June 30, 1943, and on that date were
$9,548,123. Number of shareholders rose from 4,381 to 4,644.
Asset value per share increased from $16.12 on Dec. 31, 1942, to
$21.53 on June 30, 1943, a gain of 34%, comparing with a rise in the
Standard & Poor's 90 stock average for the same period of 26%.
For
the 12 months ended June 30, 1943, net asset value per share
increased 64%, compared to a gain of 49% in the Standard & Poor's
average,'•' i
•'■' ■:
' •••'Vaa:'Va$ A:A'
'aaA "Ay: '■ A'
'•'■■v.*Largest holdings on June 30.
1943, according to industry were:
building and construction,
10.1%; petroleum, 12.6%, and railroads
(stocks and bonds), 12.8%.
in
the letter to
shareholders accompanying the report, President
Philip W. K. Sweet, states that "the same broad advance in equity
securities which began in April of last year is still continuing" and
names
as
a
major factor the increasing evidence that our post-war
economy will witness a return to revitalized private enterprise. "There
is reason to expect," he continues, "that the optimism generated by
The
for 6 Mos. Up 9%—
First
of Directors
Board
third
The
■
,
since control of this corporation was
taken in hand by Federal authorities more than a year ago was elected
on July 13 at an
adjourned meeting of stockholders.
The new board includes Neal Dow Becker, President of the Intertype
Corp.; George W. Burpee, Executive Vice-President of American Export
Airlines; Colvin Brown, General Manager of Quigley Publishing Co.;
William
F. Carey,
Commissioner of Sanitation of New York City;
Robert
F.
Carr,
President of Dearborn Chemical Co.; William H.
Coverdale of Coverdale & Colpitts, engineers; Herbert R. Gallagher,
former President of Consolidated Oil Co.; John D. Hertz, partner, in
Lehman Brothers;
Matthew J. Hickey Jr., Vice-President of General
Dyestuffs Corp.; William F. Humphrey, President of Tide Water Asso¬
ciated Oil Co.;
Col. Louis Johnson, President of General Dyestuffs
Corp.; Thomas O'Hara, President of Colonial Ice Co.; Dr. E. C. Wil¬
liams, Vice-President in charge of research and development of General
Aniline & Film Corp.;
A. N. .Will'ams, President of Western Union
Telegraph Co., and Dr. R. E. Wilson, President of Pan American
'Petroleum'. & Transport Co.
'aa;'aA;/ .A A/. a
"■ a •" v:a'
Election of the new board, with 97% of Lhe company's shares vested
in Leo T. Crowley as Alien Property Custodian, brought with it the;
resignation of Robert E. McConnell, President and Chairman.
Mr;
McConnell will retire when a successor is elected at the organization
has developed and
flakes or grits, this corporation
corn
tors—Sales and Profits
Electric Co.—Sales
General
Corp.—New Board of Direc¬
Rise—
General Aniline & Film
Inc.—New Product—
Froedtert Grain & Malting Co.,
Monday, July 19, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
290
cate,
Investors
Nordbye at Minneapolis July 12 denied a
restraining order prohibiting Investors Syndi¬
Gunner H.
temporary
Mutual, Inc., and Investors Syndicate of America from
Volume
158
Number 4195
making cash surrender
and
loan
THE COMMERCIAL & FINANCIAL
CHRONICLE
payments to
certificate
holders.
Lerner Stores Corp—Sales
The. temporary orde.r was sought by attorneys for the Securities and
Exchange Commission as a preliminary to a complaint instituted by
,
the
in
Commission
the
sale
charging "gross misconduct and gross abuse of
securtiss and certificates to investors.
of
Period End. June 30—
Sales
trust"
Edward
H.
Cashion, attorney for the SEC, said the denial
restraining order will not stop continuance of the
temorpary
Mi;.
Cashion-said
for
a
next
development
temporary injunction,
order
!
the
would
Crabb
have
been,
if
broader in
would
157,
July
21
The
restraining
■/
of
;
Court Decision—
E, Crabb, Chairman- and President
follow¬
payments
investment
on
contract
certificates
would
and
ing
respects to carry on their business
of nearly 50 years of meeting all
the
"V
given
to
normal
rate.
these
and
There
proceedings
loans
has
been
by
the
SEC,
certificates
on
at
time
no
requests
have
been
threat
any
for
at
of
a
run
authorized
stock
Linen
The
V.
■"After-
deducting
157, p. 2450.
V.
$484,500
profits
excess
post-war
Period End. May 31—
.
Operating
$111,648
Maintenance
__2J—1
9,693
108,937
A
14,162
70,140
Gross
$43,187
$447,728
Gross
Drl,081
Dr8,306
Interest
accruals
8,333
7,500
inc.
Net
.■
Common
-V.
6.890
dividend
at
the
end
of
$1.50
has
been
no
after
Prov.
estimated
for
all
excess
9,036
Surplusfor
Common, shares
$239,404
Ltd.__.
1943
$259,265
share
■"Deficit.—V.
on
$228,113
91,800
70,000
$285,825
29,856
59,712
106,363
103,363
212,726
1943—4 Weeks—1942
L_
*$8,507
$21,895
The
directors
record
of
5
the
on-
the
have
declared
common
date.
same
$23,985,755
Mining income
303,894
/., V-"'\
Other income
$0.42
stock,
a
Quarterly Payment—
quarterly
$10,
par
dividend
payable. July
of
.
10
Total income
28 to
per
holders
Estimated
Net
157, p. 165.
income
Earnings
Kanawha
There
of
were
Bridge &
Terminal
recently called for redemption
nine
first mortgage
Payment, will be made
135 So. Broad St.,
bonds
at
dated
The
April
1651.
p.
'
There
<
have
been
$35,000 of 5Ve
called
for
redemption
as
of
Payment will be made at the
V—v., 156, p. 163.
The
directors
common
£
A
like
p.
stock,
was
tax
/
int.
Period End. Jun 30—
.
--1943—Month—1942
Sales
At
-
the
close
of
The
t
and
62
in Canada;
this
United States and 62 in Canada
Period End. June 30—
672
year ago.—V.
1943—Month—1942
ii.ww.L-.
—V.
157,
$9,611,549
operating
157, p. 2252.
in
the
Lane
.
Net
Bryant
Xnc.—Sales
—V.
$2,639,211
157, p. 2252".
depreciation,
Shs.
'
:
41.3%—
"
•
•
Monotype Machine Co.—50-Cent Dividend—
A dividend of 50
payable Aug.
cents
share has been declared on the common
holders of record Aug. 21.
A similar dis¬
tribution was made on
May 31, last, compared with 25 cents on
Feb. 27, 1943.
Payments in 1942 were as follows: Feb. 28, May 29^
^ and Aug.' 31, 25 cents each; and Nov. 30,' $1.25.—V. 157, p. 1461.
.
stock,
31
per
to
.
Lehigh Coal & Navigation Co.—Bonds Called—
Eight 4% refunding and improvement
mortgage sinking fund bonds
(Nos. 293, 675, 773, 1101, 1848, 1849 and
2289) have been called for
Redemption as of Jan. 1, 1944, at 105 and int.
values
for
the
1940
years
$5,661,312
36,014
________
series
in
C),
notes
banks
receivable
allowance for
Sheet,
inventories,
sundry
sales
$180,115
208,106
214,180
$1.42
$1.10
$0.84
May
patterns,
expenditures^
29,
1943
: 12 Mos. End. June 30
*Net
Shs.
profit
com,
Earnings
__
stk.
per
(par $25).
and
and
acceptances
and
buildings,
$5,000,000;
etc.,
$5,713;
for
depreciation
1930-31), $749,020;
unexpired
total,
insurance
in, the
trade
name,
premiums
and
$14,026,519.
payable,
$200,000;
accrued
salaries
and
wages,
accruals, payables, etc., $212,848; Federal, social
security and
(estimated), $894,697; notes payable to bank
(maturing
$400,000 annually in 1944 and 1945, and $200,000
annually in 1946
and 1947), $1,200,000;
security deposit on contract expiring in
1946,
$100,000; reserve for contemplated pension plan,
$18,000; ' common
capital stock (par $25), $5,750,000; capital surplus,
$714,464; earned
surplus,
$5,233,557;
treasury
stock
(21,874
shares
and
$55
scrip),
Dr$297,048;
total,
$14,026,519.—V. 157, p. 256.
1943
1942
1941
$2,638,790
726,284
726,244
$2,161,213
748,934'
$1.88
$2.68
'
$3.32
$2.58
*
After depreciation,
depletion, obsolescence and Federal income taxes..
Note—Federal
income
taxes
for
the
12
months
ended
June
amounted to $3,690,661 in 1943
and $2,846,573 in
30
1942.—V. 157, p. 2450,
Midland
End, June 30—
oper,
ings after
Earns,
per
either
reported
(2)
three
to
/•
1943—6 Mos.—1942
earn-
«
$947,747
$723/612
$1,849,922
$0.16
$1,428,230
$0.12
$0.31
of
the
New
Contingent
of
above
earnings
York
Stock
provision
1943,
13
and
of
that
of
&
the
time
requiring
Central
Co.
corporation
in
the
which
for
and
are
to
minority interest
as
Exchange.
taxes
$491,000
*
adjusted
amounted
South
for
the
six
$3,917,582
'
3,743,332
West
of
Utilities
the
had
$285,000
months
for
ended
filed
comply
of
with
the
Co.
an
the
corporate
American
or
capitalization
of
both
stock.
joined
with
set
the
down
2—V.
Middle
West
Corp.
by the SEC for
157,
M.
U.
Securities
Corp.
Commission.
trustee of
the
in
filing
hearing at its
a
2350.
p.
of
M.
U.
Securities
proposing the liquidation and dissolu¬
approved July 6 by the Securities
application was filed by Hugh M.
was
The
estate
of
Midland
subsidiary, M. U. Securities Corp.;
Jay Samuel Hartt, trustees of the
of Chicago.
United
and
Co.,
Clarence
estate
of
its
A.
wholly
the
June
owned
Southerland
Midland
Utilities
Co.,
and
all
Proposed Transactions
To
effectuate the liquidation
are
proposed
M.
U.
will
of
such
(2)
securities;
M.
U.
will
stock
be
The
transfer
and
$1,395
payment
778
of
to
dissolution
Utilities,
to
United
shares
a
of
for
of
U.,xthe following
M.
cancellation,
1,859
6%
credit of
amount
of
cash,
account
on
hand, of
liquidation and
of
expenses
on
and
taken:
64,009
shares
stock, 1,337 shares of 7% cumulative class A
pre¬
2,111 shares of 6%
cumulative class A preferred
Utilities will accept the
surrender, for cancellation,
Utilities.
prior line
to
surrender
par) common
ferred stock, and
of
its
indebtedness
shares
of
7%
cumulative
cumulative
prior lien stock of
$20,000 upon the note payable
$628,742;
M.
to
U,
will
taxes
owned
be
and
applied
to
the
toward
then
the
United;
Any balance then owed United
by M. U. on its note payable will
be forgiven by
United;
(5) The shares of common stock of M.
U., all of which are now
held by United, will be
surrendered to M. U. for
cancellation, and
M. U. will
thereupon be dissolved.
U.
S.
order
District
Court
for
the
District
of
Delaware
authorizing the above transactions.—V.
157,
has
entered
an
995.
p.
Missouri Pacific
RR.—Compromise Plan Agreed On—
Over
about
a
period of many months
agreement between the
an
ganization
promise
quickly
of
is
litigation
the
threefold.
and
as
Missouri
to
First,
take
possible;
an
to
attempt has been
major
Pacific
RR.
stop the
parties
The
made
involved
purpose
expensive
and
the
to
bring
the
in
of
reor¬
such
a
com¬
timeconsuming
property out of the hands of
secondly, to improve the treatment
by distributing to them the surplus cash
(which cannot be done under the
present plan); and,
the
of
court
the
now
on
as
senior
hand
thirdly, to restore
to the junior bondholders
some
of the values which have been
des-"
troyed by the years of accumulation of senior
interest ahead of them.
Agreement on such a compromise plan has been
reached among the
following interests: First
mittee for
income
mortgage
4s;
of
and refunding
mortgage committee; the com¬
Orleans, Texas & Mexico first mortgage bonds and
committee
for tl}e
St. Louis, Iron Mountain &
Gulf 4s; the banks; the
committee for the general
Alleghany Corp.; and the debtor.
The trustees for
the New
bonds;
the
Southern-River &
the
the
other
improvement
so
issues
far
Interstate Commerce
as
have
their
taken
the
interests
position
are
that
concerned
Commission, and that they
are
the
plan
is
over
that
of
not
intending
to oppose the plan unless
forced to do so by their
bondholders. The
Reconstruction Finance Corporation is not
being asked to join in send¬
ing the plan back to the ICC, but will be asked to
accept the plan
when, as, and if the Federal court returns the
present ICC
the
The
plan to
Commission.
The
plan contemplates the
total
capitalization
use
of
approximately $54,000,000 of cash.
is not in excess of that which
was
approved
nor
are
the
fixed
charges larger.
Within the capital
income, bonds have been increased in
amount by approxi¬
mately $38,500,000, and the common stock has been
divided into two
classess, one of which will have preference as to
dividends and in
by
to
to
termination
reduction
the
common
joint application
Exchange
$0.24
months
30,1943.
1943—3 Mos.—1942
share_
The
3,948,813
July
subsidiaries
and
Morris,
the
all charges
com.
Notes—(1)
•
Corp.—Earnings—
(And its constituent banks, trust companies and other
affiliates)
net
$4,220,938
758,322
extension
1942,
class
tion
an
1940
$2,170,259
of
Service
amended
several
Marine
$790,253
bondholders
taxes
Period
725,284
share,
An
doubtful
accounts of
$200,000), $2,excess
profits post-war credit (est.),
advances,
$4,273; mortgages receivable,
(less allowance), $6,352; land,
allowances
6,001,652
■
Corp.—
receivable
sundry
Consol.
$1,589,578
an
4,
application, which was
headquarters here on Aug.
-
Liabilities—Notes
other
$8,762,249
4,844,667
1,040,565
$820,551
-■
the
$4,350,960;
loans
$419,516 accumulated since
and
$228,357
208,107
/
accounts
sundry investments
machinery and equipment (less
of
1940
$841,054; U. S. Treasury notes
savings bonds (defense series G),
S.
and
$2,700;
goodwill
1941
hand,
on
U.
discounts
486,445;
,
'
disclosed
two
(3)
$295,631
208,107
and
$520,000;
$10,000;
90,822
15,637,871
773,442
single
payment of
1942
61,851
17,693,638
$1,830,818 $10,222,590
$1,946,255
1,125,704
income
1943—5 Mos.—1942
2350.
for
The
2,828,228
1938—
$257,341
•
of
3,233,976
(4)
outstand.
Assets—Cash
•
Payment w.ll be made,
Provident Trust CO. of Philadelphia,
successor'trustee; 17th and
Chestnut Sts., Philadelphia,
Pa.—V> 157, p.. 2450.
Lehigh Portland Cement Co. (&
Subs.)—Earnings—
revs.__
(no
at the
;
3,699,747
a
(1)
1939—
1943
Balance
(less
1943—6 Mos.—1942
$1,867,816 $15,126,602 $11,318,440
•
market
share—$1.23
per
Hooker
Auchincloss
18,390
Midland United Co.—Liquidation
taxes,
etc.
stk.
com.
Earnings
amount
Lanston
/
Gain
).943—Month—1942
expenses____
Utilities, in consideration of
by M. U. to United in the
May 31—
after
earns,
S.
Gordon
$5,083,184 $27,978,079 $24,490,942
12,076
June
existence
to
^
depletion, capital
profits taxes.—V. 157^ p. 1847.
at
9,000,728
'
Henry
1943—Month—1942
$5,658,078
rev.
SEC
Public
all
:
1943—6 Mos.—1942
•
oper.
p.
of
stock of
158, p. 88.
$50,000;
Period End. June 30—
assets
.8,242,883
6 Mos. End.
.
,
Speciael added.
re-elected,
was
the
allowance for mine
excess
$13,638,487
—
—
(tax
Sales
;•
with
Manhattan Shirt Co.—Earnings—
.
$9,104,536 $55,680,229 $49,297,172
2252.
p.
$1.24
.
(S. II.) Kress & Co.—Sales Increase
5.6%—
Sales
$504,925
accordance
1943—6 Mos.—1942
compares. with
a
.*
in
1 as follows:
1943—
1943,
States
net
reports
company
ended July
—V.
.
Mr.
operating
steps
$16,254,905 $15,585,495 $91,294,704 $85,604,598
661 stores were operating in the
United,
June,
herein
includes
any
a
revenues—.
application
32,000
Manhattan Bond Fund, Inc.—Net Assets—
,
^
jt>
omitted
and
are
be
was
who
157,
'
"
1942——
,
include
income
but
tracts
declared a dividend of 5 cents
per share on the
$1, payable Aug. 20 to holders of record
Aug. 5.
disbursed on Dec. 17, 1941; none since.—V.
156,
Kresge Co.—Sales Gain 4.3%—
not
Federal
Ltd.—Earnings Increase—
operating
will
income
order
139,100
During the last 30 days, more than $3,000,000 in Government con¬
were placed
with this corporation, according to E. A.
Tracey,
President,—V. 158, p. 194; 'p
Mich..
V,
(S. S.)
does
or
1943—6 Mos,—1942
$4,973,923 $20,674,607
$25,403,376
Middle West Corp,—Time
Extension Asked—
$676,025
124,600
Majestic Radio & Television Corp.—Orders—
1941
•
$486,875
and
Decrease 2.6%—
1943—Month—1942
Spec'ael,
1943,
It
board
York,
The
16,876
surtax——
••
have
par
1417.
amount
values
$0.57
:►
in
of
taxes.
—V.
cost of producing copper is after deducting gold, silver
concentrate
but
penses,
total
a
trustee, Detroit,
\ Kerr Lake Mines, Ltd.—Resumes Dividend—
.
/1
•.
,
at par and
20,891
„
all taxes
$362,275
stock—$0.89
is
$0.75
with
operating
Operating taxes
$659,149
for
capital
report
828,171
$0.20
on
Henri
Net
8.7529c
$465,984
operating costs, Arizona
taxes, Federal social security taxes, depreciation and administrative ex¬
;
1,-1943,
1944,
Detroit Trust Co.,
zinc
stock
Aug.
10-year debentures due Aug. 1,
'
,
v
of
$556,092
823,171
$0.39
share
Uncollectible
11.7971c
*
pound
operation)
and
$704,697
828,171
'
21,652,819
profits tax____
provision
share
production
tThe average
and
Fidelity-Philadelphia Trust Co., trustee,
Philadelphia, Pa.—V. 157,
pound——
regulations of the Office of Censorship.
1908,
(Ernst) Kern Co.—Debentures Called—
of
.
of July 9, 1943, a total:
at 105 and interest.
as
1,
Called—
after
per
"Metal
Co.—Bonds
tax
excess
of
Previously, the company paid quarterly dividends
cents per share.—V.
income
Federal
$211,231
828,171
of
Michigan Bell Telephone
Co.—Earnings—
1942
*
—i-;———;
Federal normal
cents
$365,533
surplus-.
Period End. May 31—
$0.74
,
*
railroad
925,000
trans¬
increase
Net
————————:
(includ.
111,155
940.000
of
Operating
303,894
$0.32
per
$1^92,247
106,743
530,000
$13,387
303,894
_
1943
Average net selling price per
fAverage net production cost
1943—24 Weeks—1942
$4,037,636 $24,560,953
:y':.
! Kable Bros. Co.—Doubles
share
>.
$1,751,441
second
Operating
(lbs.)—___—
produced
25,546
$846,825
55,594
580,000
198,000
$158,113
Magma Copper Co.—Earnings—
Copper
10,738
$951,641
56,108
to
months
Net
91,800
$2,484 636
$1,569,230
22,957
with the addition of
elected in place of the
late
New York.—See also V.
157, p. 2350.
of
2450.
p.
$1,725,894
194.
p.
5%
The
-
$483,825
128,000
common—
157,
$836,087
$4,845,032
arrears
New
87,275
;
915,346
$937,493
stock
shareholders,
1943
._,
outstanding^(net)
910,352
14,147
shares
per
1943—6 Mos.—1942
$2,636,247
earnings has continued during the first
subject to a heavy increase in Mexican
long time, at present earning
leveh, before
anything will be available for d'stribution to
the preferred or common
Ended
29,856
period.______
15,
Chairman, 1942 profits permit, under
the
bondholders, payment of 13%% to be made on
mortgage 50-year bonds and
debentures, clearing off
Interest on the issue
up to Dec. 1, 1942.
These earnings
also'permit payment of all arrears of
sinking fund
on
the first
mortgage bonds.
the
all
income
$127,711
9,522
follows;
Oct.
457,718
stock
arrangement
of
June 30,
'
.
93,284
2349.
p.
account
par
income
Dividends preferred stock—
Dividends common stock
84,390
8,895
to
of
According
June 30,
profits taxes—_______
as
cents;
$1,293,805
oper.
—
The
$255,711
were
(Inc.)—Earnings-
Mexican Light <fc Power
Co.,
five
earnings
83,076
$25,629
Federal
account
payable
disbursed
Long Time Before Dividends—
-Earnings-
exps.__—____—
on
and
1943
$452,214
jv:> 13,880
$3,941,129
157,
157,
■'
6 Mos.
Jewel Tea Co., Inc.—Sales Decrease
2.39%—
Period End. June 19—
$6,047,577
year.—V.
Quarter Ended
'
par,
were
455,182
taxes
income
—V. 158,
2398.
p.
no
157,9 p. 2350.
Sale,3
and
on
period
$1,392,675
Melville Shoe Corp.—Sales
$1.53
$5,724,678
declared
participating class A stock,
147,
Works
Period End. June 30—
preceding
recently declared
1943—3 Mos.—1942
charges
Number
—
1,270,847
xV:.:v—
share
per
Alkali
______________
ferred
per
of
the
'
'
and
750
$19,288
Total
Income
—V.
30,
$480,985,
same
Associates—30-Cent Div.;
preferred stock,
10.
Like amounts
July
15, last.
Payments in 1942
April 15, 35 cents;
July 15, 25
31, 30 cents.—V. 157, p. 2350.
Dec.
earns,
frm.
Income credits
1942
$1.25
Light
record
frm.
common
1943, amounted to
$2,015,838,
comparing with
share.—V.
Net
1,225
paid--J.P.S.
Sales
cents
March 31,
157, p. 2252.
~V.
10
of
cents;
and
Net
Net
1,036,742
shares
6 Months Ended June 30—
'
of
was
the
April
oper._
Prov. for deprec. &
depl.
$42,986,824
income taxes
combined
May
were
the
on
90,000
requirements..
dividends
dividend
&
of,
("Atlanta Constitution.")
stocks
of
as
of
per
Earned per
-i
the
B
respectively,
$362,214
7,001
40
Tot; earns,
Dividend—
1943
on
Class
94,167
1,326
charges (net)
div,
share
$345,255
c
738
income
Rref.
shares
$39,438,976
Mac Andrews & Forbes Co.
stock,
expense
Other
$439,421
$34,606
J.P.S.-i. Co., Ltd. ___•_
Amort, of debt discount
and
$42,106
$28,243
deb.
on
174,979
and
Period End. June 30—
par
Ltd.—Earnings—
3,716
$36,576
income
the
15,
common
Earnings
income
initial
an
of $84,382.10.
$448,497
Dr594
(net)
reserve
paid
1
or a total
assets
Period—
Retire,
$1
178,302
$37,170
income-
oper.
income
July
on
liabilities
$5.50
as
113,667
7,865
Utility
of
15
Mathieson
-■
of
590,226"
12,341
Taxes
Other
share
one
for
par
outstand¬
now
holders
to
cents,
fund
$1
new
value, payable
Aug. 2 to holders of record July 23. This compares with $2
per share
paid on Dec. 23, 1942.
Arrearages as at Jan. 1, 1943, were reported
$1,330,693
628,056
sinking
15
Lyons-Magnus, Inc.—$1,50 Accumulated Dividend—
credit.—
$1,314,860
53,263
value
...
1943—12 Mos.—1942
$120,305
54,272
Jan.
and the aggregate par value of the
reclassification of the presently issued
in
1651.
p:
(& Subs.)—Earnings—
1S43—Month—1942
revenues
unpaid
v.v,'
plan will be to decrease
,
____
and
Current
current
•
Operation
issued
issued
into
May 30—
accumulations
Jamaica Public Service Ltd.
be
of
15
Jan.
on
200,000 to 75,000 shares and to
in the amount of $131,234 which
company
the stated
$2.45
'
tax
to
stock,
per
A
$2,560,018,
:
presently
from
income after charges and
Class
$1,519,465
:
the
_______
Earnings
•
—
stock
6$
value
par
reorganization
Lobiaw Groceterias Co.,
Net
per common share—
the
of
share of
one
no
plan
July
cumula¬
:'bp.;:
1328.
p.
Year Ended
Co.—Earnings—
profit
the
the
Earnings
Earnings for the 4 Months Ended April 30, 1943
after all charges but before taxes—
$6,075,965
for State and Federal income & excess
profits taxes
H,556,500
Net
under
amount
of
$3.50
$548,299
A dividend of 30 cents
per share was
of accumulations on the
$2 cumulative
May 1," 1943, stockholders
>•."■.
stock
of
reduce
accumulation
an
on
and
company
company,/.'
shares
with
compares
Massachusetts Power
proposed plan
by the com¬
Washington Flexner,
received
Service Corp. of Texas—Initial
its
on
148,
-
.
Earnings
share,
a
common
between
company
share
_______—_____
Prov.
the
of
two
was
period,
This
157, p. 2253.
*
a
to
share,
a
Prov. for Fed.
Sales
Profit
of
capital of
shares
staunch
Jacobs Aircraft Engine
consider
1942 of
each
there
shares.—rV. 157, p. 346.
himself to be induced by
anyone to cash in or dispose of his certificates
because of any publicity or rumors incident to the SEC
proceedings."—
V. 158, p. 1S3.
-
in
$25 principal
the
common
43,744%
support given by our certificate holders
attributed entirely to the confidence
engendered by our strong-:
financial position, which has not at
any time been questioned by the
Commission, and by our unbroken record of nearly a half century of
meeting all payments when due. No certificate holder should permit
'.v-.y>
of
effect
the
be
can
to
$274,826
/'•<
difference
■
"I believe that the
....
For
1942.—V.
Recapitalization—
12
the
.
principal
the
cash,
reclassified
common
the
on
be
is
the
companies.
Aug.
which
firm.
of
shares
reduce
cash
only
in
stock
stock.
The
"The confidence shown
by our certificate holders during the progress
of this suit has been
exceedingly gratifying.- Despite the nation-wide
surrender- values
the
debentures
four
would
value
1
publicity
of
$15
common
Each
.
"The companies will proceed in all
•
receive
value
,
usual, keeping intact a record
obligations promptly when due.
structure
convertible
on maturing certificates,
stated: "The decision of
Judge Nordbye against the Securities and Exchange Commission in its
suit for a
restraining order against our companies.is naturally gratify¬
ing to US. • "
;■■■
/-V,/;
: ;;
a-s
under
on
preference stock on which
dividends amounting to $4.12'/2
outgoing -payments
•
recapitalization
meet
tive
Federal Judge Gunnar Nordbye's decision in Minneapolis, which
denied to the SEC the restraining order the Commission had
sought to
incoming
will
$0.08
of
Co.—Plans
Printing, will be used
ing
impound
Printing
stockholders
capital
Syndicate,
1943—5 Mos.—1942
$5,471,258 $31,103,113 $23,977,651
pany in insurance upon the death late
President and founder of Lincoln
■■.
of Investors
Dividends received by Marine
Midland Corp., the parent
company
only, during the first six months of 1943
from its constituent banks
and trust
companies, plus its other income, less its
expenses and
a
contingent provision of $50,000 for taxes for
the
or
Lincoln
•
E:
1943—Month—1942
$6,488,492
_
2349.
p.
291
(3)
the
action.
arguments
its scope, than the
granted.
Gratified by
be
of
!
u—i„
—V.
.
'
Up 18.6%—
the
ICC,
structure
the
r
Lew* rm
(i^iwy*^i«Wr^ WMW*WW>*«
rfttostofrfer faiittft,v>t8fiiU! *( KWU^iK«t!ft^
^yA ^Vi^sttBKTttvu.-to
mortgage trustee, on by the
subject to the approval of the gen¬
eral
mortgage bond committee, all subject to the approval of the
court.
'1 .,. ( ' y„ "y
Interest Payments—It is understood that the New Orleans, Texas &
Mexico committee will ask for the payment of three coupons , in 1943;
the first and refunding bondholders for the payment of two coupons;
and the International Great Northern first mortgage for the payment
of two coupons.
Such payments, if made, will be treated as a credit
against cash payable to these bondholders under the plan in the event
that the compromise plan is consummated; this would, in effect, make
them anticipations either of interest or dividends to be paid on the
new securities for the year 1943, or of cash receivable under the plan.
—V. 158, p. 88.
;
' " '
' v
.,
dividends
in
stocks.
'
which the plan is based is
principal, many
the common
on
The principle on
to compromise his
be willing
that
fact
.
pro¬
paid
.
that while no one would,,
might be willing to com¬
their interest claims for cash, particularly ■<
such interest claims would otherwise have
promise
.
junio*
warrants, are provided to "fill out" certain of the
bonds and for the preferred and common stocks.
The plan will
vide for a market fund to retire debt equal to 30% of any amount
and
2Va%;
and one by Alleghany Corp,
RFC,
in view of the
to be satisfied
3%% 25-year bonds provided by the, ICC.)
/
There wi 1 be a total of $135,352,332 series B first mortgage 4s. ■
Collateral trust notes (10 years) will be issued in the amount
of
oi msc
the ICC.
obligation to have tins
6 Months Ended June
Expenses
addition
warrants to buy common
Warrants will also
stock B at 100..
the preferred and common
be issued to
buy the common stock B at 100,
in"satisfaction of theirmlaims.
This
to
stock of the debtor corporation
which is taken, by bondholders
spectively.
follows the precedent set in the
permMg" the debtor corporation to redeem its property
through the payment of its debts. The warrants will be godd for 10
years and will be issued in an amount in excess of the B stock wduch
will
the
for
escrowed
be
The excess will be supplied from
from which will be used for general cor-;
treatment
'•'/,
•
y.':. y //■'../V''
:/jy.v''
Pacific RR. Co. of Missouri bonds will tbs paid in
cash, with accrued interest to date of payment. " '
V..; (In the following, all percentages used are percentages of
The first and refunding mortgage 5s will receive 40% ($89,276,000)
turbed--
■■
underlying
The
first
B
series
is, 38%
($84,812,390) in
($33,478,575) in series B income
mortgage
15%
bonds,
income
($43,473,742) in 5% preferred stock. The
the alternative would be settled in
series A 4%%
5s, and 22.2%
share
banks will settle
The RCC's in¬
full.
Vy'-i.'- -■./.!/
mortgage 4s will receive their full claim
amounting to $68,746,261 in class A com¬
.
principal and
for
interest,
stock."
mon
.///.V.
r
B
stock at
common
securities held.
Account,
Interest
bonds
on
:
14,008
.
-
jBoonville, St, Louis & Southern first 5s will receive $11,675 in cash,
equivalent to two coupons, and $64,000 each in series B first mortgage
:/yy;% ,.yy,v,
preferred stock.
Union Pacific first
5%
and
4s will receive
Branch
^Central
$97,680 in cash,
$149,363
$115,239
bonds, and the interest payment
108,000
108,000
108,000
average
'
for both series.
,
receive 95%
Pacific
Missouri
common
Rock
Little
in
stock
stock
common
will
will
general
&
income bonds,
■
preferred 'stock.
y
y
.
Trust—There will
years after date
if, after consummation of
years pays all income bond
Voting
will
be
10
three
same
stock,
consecutive
y ;
4$ wiil receive 60%
„y;-'-
72%
and
series A,
-
($684,000)
/1
.
(incl.
dividends
Federal
interest, plus accumulations, and for the
years
earns
$3,600,000,000
the preferred
wi'l automatically expire. The
case
excess
Provision
for
one
an
subject to the approval of the
all
Directors—The
the
the
members
of
the
court.
Dividends
♦After
paid
initial board will
,
'
be nominated to
trustees as follows: The president of the company; five by
first and refundding committee, of whom three shall be men living
voting
the
territory of the
railroad; one by the RFC; and two each by the
first mortgage protective committee, the
trustee for the International Great Northern first mortgage bonds, the
general mortgage bond committee, and the Alleghany Corp. Each of
these interests will be under obligation to nominate at least one in
the territory of the railroad.
New
Orleans, Texas & Mexico
on
deducting
refund credit
*U.
46,980,453
$3,335,842
$3,410,127
86,252
v
Other
assets
835
Fixed
assets/less reserves)—:
in
and amounts receivable
Reorganization Managers—There shall be five reorganization man¬
of whom two will be appointed by the first and refunding com¬
agers,
Orleans, Texas & Mexico committee
and'
Other
-;
Y
Ht • i
r
,f
it
i
I
/
;
'""V'
rV/y/' ;";:/:;yyy. '.■.y;.-/'//
1
$1,271,190
$5,687,071
41,784
$5,741,012'"
61,127
12,784
$5,645,287 '4).
$5,679,885
$891,828
respective periods whether
tNet credit after adiustment of $34,583 over-
requirements applicable to
unearned.
V
capital stock tax applicable to the four months
'
:
Only
Earnings of Company
-
_y
;
1943—3 Mos.—1942
$345,860
•
■
.
1943—12 Mos.—1942
$1,637,786
$697,080,
89,642
—
Y
56,345
27,134
$4,009,403
369,650-
349,376
1,229
excl. taxes-
taxes
income—
from
tions
Federal
_-
217,225
480,682
2,372,156
j'j.
I
"
f
t.
J
-•
income
Net income
\
*Net
*Cr29,981
4,962
:/
7,695.
,r
139,185
26,363
..
$250,027
$605,906
-
$1,292,028
29,477
$3,471,091
394
19,658
7,394
220,062
.1
$249,633
-$586,248
$1,284,634
$3,251,023
:L 1
tax.
——
14,650
12,784
61,127
41,784
$234,983
$573,464
$1,223,507
$3,209,245
credit after adjustment of $34,583 overprovision for Federal
stock tax applicable to the four months ended April 30 1942
158,
—V.
p.
89.
(J. J.) Newberry
Period End. June 30—•
—V.
157,
New
p.
- 0
:
Co.—Sales Increase 23.2%—
1943—Month—1942
$7,306,755
Sales
7,004,591
$22,224,112 $19,976,191'
"
i-
19,658
$904,612
con-
surplus
operating income
and other deduc¬
1943—6 Mos.—1942
$5,927,580 $39,104,698 $31,312 845
2254,
England Gas & Electric Association—Output-
week ended July 9,. this Association reports electric output
kwh., or 12.15% be9,442,368 kwh. .xms is a decrease of .1,305,469 ir.wn.yor 12.15% be¬
awn. This is a decrease oi
For
of
the
production of 10,747,837 kwh.
low
an
cu.
tile
for the corresponding week
•
ago.
a
year
" •
for the July 9 week is reported at 93,579,000 cu. ft
8,322,000. cu. ft., or 9.76% above production of 85 257 OOO
corresponding week a year ago.
was announced that in the July 9 week the larger number of tex¬
mills in New Bedford were closed for vacation.—V. 158, p. 195 ;
Gas
'
(
220,062
-
14,650
taxes
Inter,
7,428,823
2
-
■1
;
or
Expenses,
output
increase of
ft. in the
It
Total
to
earned
:
'
mittee, one jointly by the New
29,477
7,394
3b4
tax__.
dividend
earned
from
__u_.
.
1942
$2,351,582
121,129
(not con-
wholly-owned real-estate companies
solidated)
323,069
546,805
2,228,656
'
Investments
'
7,282,128
—v
—
139,185
26,363
/>■
$1,285,840
carried
♦Full
547,943
!
—
Deferred charges
-369,650
tCr29,981
7,695
56,345
/
824,343
1943
$6,782,942
163,500
4,897,009
;
^
•
349,376
27,134
4,982
deduct—
other
income
Bal.
300,000
—
$6,445,445
261,658
596
Sheet, January 81
—:
—
54,080
$6,094,164
1,229
89,642
taxes—
excl.
Balance
of $90,117.
—
$1,015,444
405,594
•
'
Net
!
/J—; $1,664,383 $1,389,096
6%. cumul. pfd. stock—.—
60,526
151,903
debt retirement' credit of $171,883 and post-war
receivable
8,408
taxes
Federal
53,554
i.——_—
Government securities———.
S.
(Accounts
6,391,365
1,007,036
236,482
Total
.
Inventories
5,688,570
1,145,585
Period End. April 30—
620,000
Cash
$6,391,365
—
Balance
'"y'.''
$5,688,570
above—_
as
income
$50,316,295
*2,358,000
Assets—
$1,007,036
:
//
$1,145,585
74,285
—
Consolidated Balance
y'.V; 151,763
Light Co.—
Income;
269,353
profits
$6,543,128
729,338
$1,382,067
equity,
Other
capital
on
y
National Power &
provision for Federal
ended April 30, 1942.
1942
/
;
—
taxes—
contingencies
&
in income of subsid.
sol.
Profit for the year:
voting trustees will be
and
Power
$6,417,908
30,261
of Nat'l
Light Co.
equity
'
$7,470,159
$55,821,228
income taxes—
be a voting trust, the duration of which
of consummation of the plan, except that
the plan, the road for three consecutive
Net
$1,037,297
to
___
770,232
1943
paid)
and State
applicable ;
minority interests
$1,147,722
2,137
^
Portion
9,413,338
$2,443,099 $11,905,008 $12,166,3345,623,206
5,488,000
1,405,802
1,326,910
public—
to
Balance
$21,579,672
2,332,271; ,*.;8,758,337
$2,474,632
_
divs.
♦Pfd.
2,905,849
Subs.)—Annual
assets—
income of subsid. companies
in
Balance
5,025,291
and amort, of fixed
Federal
and
:
„2,036,717;
taxes
—50,875,670
in
to: public
deductions
&
sold and oper.-exps.,
y-.y-
($820,800)
the voting trust
selected, one an outstanding citizen of Missouri
outstanding citizen of Texas, these two to choose a third,
which
in
deprec.
Minority inter,
Western
Springs
Hot
mortgage
for
■■
.
$4,511,349 '$4,775,370 $20,664,245
income
int.
other
Inter.
86,780
Prov,
(net)—
income
Gross
Net'
V' 1
$4,999,112
receive warrants to buy class
% of a warrant per share, and
similar warrants at the
$4,754,232 $20,586,479 $21,492,525
y "••'V'.-^.TVs."'.V'
:.,V
4,022/- iy;
3,939
,.'18,346- - - 11,390
* $4,501,170$4,758,171520,604,825 $21,503,915"
"J,: 10,179/,
17,199
59,420 ' t. 75,757
Operating: income
shares,—V. 157, p. 1746.
—
42,962,177
' 11,1619,604
5,261,459 (■'. 5,449,693V
6,812,514'
6,526,810'
1,462,277
1,628,886-
-
V:V''''V-V V
;
Federal
_______
.
$87,600,809^
$4,497,148
revenues___
Other
Other;income'■/;—-
receive
'
—_
4,500,000
profit——_/_i—-.y $4,945,558
Gross
warrant per share.
V4
rate of
preferred
stock at 100, at the rate of
Pacific
—_
Rent from lease of plants
Net
5,025,291
726,793
2,923,692
—
1943—12 Mos.—1942
■
$20,592,743 $22,038,113 $89,075,928
9,978,838
10,351,031
42,152,201
3,154,7603,841,687 *■ 14,263,275
1,352,628
Prop, retire, res. approp. V, 1,609,369
$54,000
depts.) less returns
__——•
prov. for
carrying charges
($13,-
expenses
taxes
taxes
Federal
before deprec. & amort., less income from
117,315) in class A common, and 50%> ($6,903,850) in class B common.
It will receive as well 59,028 warrants to buy class B common stock.
Missouri
allowances
Cost of merchandise
...
,
International Great Northern adjustment ,6s will
Federal
Expenses,
Department Stores Corp. (&
sales of leased
(incl.
and
1943—3 Mos.—1342 '
revenues
16,000
Report— / /y;'}}:';'X '; /:yi:'v■"
Years Ended Jan. 31—/.'V
Sales
Operating
Operating
4,500,000
——'
etc., Dr
sold,
■':y <i-1
(& Subs.)—Earnings—
National Power & Light Co.
19,706
V'
$7,470,159
$7,395,592
National
29.14% of other¬
equivalent of
'
,
10.485
———- _______
securities
on
♦Represented by 360,000 no par
wise-unpaid interest claims.- The alternative to cash is common stock
A at the price of $88.98 a share.
The foregoing figures represent the
168.
p.
13,200
Total
will be made in full.
$3,661,253 in cash, or the
receive
1.
-
>
Co. of America—Divs.—
An extra dividend of 10 cents per share and the usual semi-annual
dividend of like amount have been declared on the capital stock,
par $2, both payable Aug. 16 to holders of record July 31.
Like amounts
were paid on Feb. 15, last, and on Feb, 16 and Aug. 15^ 1942.—V. 157,
1,032,772
—
received-
taxes™:
/-
30, 1942,
•' '
-
V National Liberty Insurance
$6,417,680
$54,000
payable July 15—.—_•
for
♦Capital stock
Capital surplus
Surplus income
&
'1943
$6,878,872
488,543'
28,176
-1
•
fc& securities purchased but not
the same
$27,405
$7,^95,592
■
—
Dividends
($15,237,500), 15%
in series B 5% income bonds ($4,312,500), and
23.9% in preferred stock ($6,870,645). For the balance of its claim itwill
interest accrued/
fixtures——————————
and
Liabilities—
receive 12% ($3,450,000)
bonds, 53% in series A 4*/2% income bonds
mortgage series B
—.—.
347.
157,, p.
1941.—V.
Oct.' 30,
on
Other
at cost—*
owned,
Total
P.
23.
This
per share previously declared and payable on
i.W'yy .^iyVV-'y'Yy-l '"'V
distributions of 13 cents each were made on Oct.
cents
Extra
108,000
$19,153
hanks_/V__y_Vi-/VV---^-X'--'-----i--Vi-:/i;
Machine Co.—Extra Div.—
an extra dividend of five cents per
stock, par $1, payable Aug. 2 to holders of
is in addition to the usual quarterly dividend
'
Assets—
Reserve
common
July
two
date.
and
yy
$135,405
;
Paid
record
of
the
18-48...;.".
p.
declared
have
directors
on
#
12,948
$41,363:^; $7,239
$0.38
$0.35
Earns, per capital share
$0.32
*No provision for Fed. income taxes has been made, as it is expected,
that - the corporation will elect to be taxed for the year 1943 as a
regulated investment company and will distribute substantially all net
income
for the year
from dividends and interest to stockholders,:/
tWithout giving effect to results of security transactions,
y
Note—Realized net profit from sales of securities for the six months
ended June 30, 1943 (computed on the basis of average costs) amounted
to $27,225.
^^V-Vy/V V'iyisVy ;V 'y V
y/yVy"
Balance Sheet, June 30
1942
Furniture
The,first, mortgage bonds of this, road wiil
in first
'b $160,510
$127,153
■
157,
National Electric Welding
The
share
Other
f 11,278 V ;■):* 12,157
7,510
-
13
meeting.—V.
the
at
vote
July
on
.(net)
Dividends receivable and
1 $922,80%) in Series A 4%% income bonds.
The
remainder of the claim
($281,315) will be settled for cash in the
amount of $174,651, or the alternative of income bonds series B.
The outstanding stock of New Orleans, Texas & Mexico will receive
25%
($214,950) in class A common, and 50% ; ($429,900) in class B
common.
It will receive also 3,244 warrants.
International
Great
Northern RCC
debt, amounting to $415,000,
will receive its full principal amount in series A 3V2% first mortgage
in
*—
directors
Net oper.
.%/y'
Surplus
Cash.- in-
39.2%
and
4s,
612.
'
income _i._i.__
declared y__
tNet
Securities
equivalent of three coupons, 37%
($602,360) in series B
first mortgage 4s„ 23%
($374,440) in series A 4Vis, 45% . ($732,600)
in series B income 5s, and 25.3% ($412,427) in preferred stock.
New Orleans, Texas & Mexico first
mortgage bonds are to receive
63% ($25,585,663) in first mortgage series B 4s, and 44.7% ($18,180,175) in series A 4V2s. The remainder of the claim ($5,525,511) will be
satisfied through the payment of $3,437,195 in cash, at the rate of
62.20%, or in the alternative income bonds, series B. The foregoing
figures represent the average for all maturities.
:y
The income 5s will receive 55% ($1,297,109) in first mortgage series
the
being
B
State
' • ;"i ".,i
■
Subsidiaries—
1,232
$151,122
12,690
$136,758
taxes——
other
and
will
1940
$158,666
v-
.
./
Period End. April 30—
■•
$147,498
f; 3,624
;•
8,359
($10,352,400)
..
B
$128,399
";v.
19,172
...
Dividends
4s
■
- ~ \
_u_y^y/:;-:y
New York,
the sale to it of
amount sufficient:
interest.—V. 156,'
Beaver St.,
45
trustee,
Co.,
Inc.—To Increase Stock—
called a special meeting of the stock¬
holders for Aug. 26, to consider an increase in the authorized common
stock from 500,000 shares to 1,000,000 shares, the reduction of the
par value
of the stock from $1 per share to 50 cents, and they
issuance, of
two shares of the new common stock for each share
of common stock now outstanding.
All three classes of stock, the
$3
convertible- cumulative preference, Class A and common stock,
in
yi-:-'.;'y-\:y:y
1941'
1942
■
______
for Federal,
31,- 1943
June 30,
to
Ended June 30
6 Months
1943
$160,787' 7,749 •:
_y
Dividends
Mountain & Southern-River & Gulf 4s will receivein cash, 30%
($10,352,400) in 10-year collateral
trust notes,- which it is expected will be underwritten, and 40% ($13,-803,2001 in first mortgage series B 4s, with the option, however, as to
the latter, to take 25-year 33/4s if the RFC takes the 15-year 3V2s, or
3Vis if the RFC takes 3%s. 4
yy.■ ' ... .•
"
:y.y
Plaza-Olive Building 6s are dealt with in the same special manner
as
provided in the ICC plan.-.
/ • t ■ - v
Cairo & Thebes First 4s will receive $169,900 in cash, the equivalent
of five coupons, 78%
($1,274,000) in series B first mortgage 4s, and
28.3% ($481,633) in general mortgage income bonds series A.
y
Iron
Louis.
j?.t.
t
equivalent to $23:81 per
This com¬
capital stock.
v'.
\ •'".v- ■
....
.
Prov.
30%
.
a
Income
convertible 5V2% will receive their principal claim
in class B common stock, totaling $45,493,000, and in satisfaction of
their interest claim 381,575 warrants to buy class B common stock at
100. '
yy:^
/-'• •//' '■•:/:- -.-y- 'y:y:
.
$0,803
or
\
National City Lines,
of an' estimated allowance amounting
share for taxes on unrealized appreciation
Expenses
Missouri Pacific
.
market quotations on that
SO.15 per share payable
on
$168,535
/;'
100.
$289,000
value.—V. 157, p, 996.
Trust
Manufacturers
The
15,
distribution payable July
deduction
after
are
Other--income
receive their claim 75% in class A common,
amounting to $9,105,000, and 50% in class B common, amounting to
$6,070,000. In addition, they will receive,50,877 warrants to buy class
will
5V4s
serial
The
.
V-y"'
/;
asset value of $22.93 per share on March
$20.19 per share on Dec. 31, 1942.
Net assets on
with
1943
liability
Container Corp.- -Seeks to Purchase Deben-
2135,
available fory
with a net
and
$4,158,003 in cash., The
same rate for $1,158,712.
will give them
their interest claim at the
terest claim will be paid in
Missouri Pacific general
This
3%%.
on
pares
cash
in
based
.
vi
$22,224,112 $19,976,191
'
applied in reduction of tax
Y.,
,
after deducting the dividends of
15, 1943, amounted to $8,572,556,
the 360,000 shares of >. outstanding
July
on
Dr523,748
>
$26,862
custodian, $982,688; cash—in
dividends receivable, $3,099;
' y:';'
and
date,
common
amounting to
($15,978,273).
a
The RFC, the banks, and the RCC are offered the face amount of
their principal claims in first mortgage 3%%
15-year series A bonds.
The RFC will be asked to settle unpaid interest claim at the rate of
share,
owned
securities
which
balance of the claim,
stock at $88.98 a
$54,832,783, will be settled at the rate of 29.14%,
under
reports that
at their value
Br750,869
to
Corp.—Semi-Annual Report—
net assets on June 30, 1943, taking
corporation
The
.
2,522,307
3,955,387
15-year
$9,950;
National Bond & Share
2,569,463
5,559,244
will until 3 p.m. on July 27 receive bids for
5%% debentures due April 1, 1952, to an
absorb $38,085.32 at prices not to exceed 104 and
N.
.
principal.)
in
$18,403
1943
30,
June
$1,487;
expenses
of
National
accrued capital stock and Federal income taxes, $689;
capital stock ($1 par),-$99,501; paid-in surplus, $1,285,474; security
profit and loss account, *$270,657; undistributed income, $929; total,
$1,127,374.
.yy'"'yyy'yy ■
;-."U - . .'V-.y
•v
'Deficit.—V. 157, p. 347,
trusts will be left undis¬
Securities—The equipment
of
LiabilitiesT—Accrued
1943,
,.
...
Sheet,
and held by
hands
of custodian, $141,432;
accrued
deferred charges, $154; total, $1,127,374.
owned
Assets—Securities
purpose.
stock, the proceeds
treasury
porate purposes.
-,
Balance
plan of
Erie
u;
4,959,448
p.
7,82 IJ
sale of securities,
from
7,796
1,827,530
4,959,448
in 1943 and $300,000 in 1942. /(Less reserve for doubtful
$442,652 in 1943 and $588,840 in 1942.
fRepresented by
$735,000
488,375 shares of no par
$34,683
7,077
$12,881(
or loss
tPeriod from Feb.
distribution.
.
1,827,530
—
Vr.
tax notes
Treasury
467,368
5,719
companies—-*—.
—
S.
U.
♦Less
of
75,000
1,446,900
($10 par21-—.
Total
11, 1941, to June 30, 1941.
Notes—(1) At June 30, 1943, there was a net unrealized depreciation
in the amount tof $19,913 based on market quotations at that date.
(2) Purchases and sales of 'investment securities during the six
months ended
June 30,
1943, aggregate $32,694 and $218,234,, re¬
Common
——.
-
——.
tCommon stock
„„—
Capital surplus. Earned surplus
—*—
——_
Shares of pxd. & common stock held by parent
and subsidiary companies-—
———_■■'
The
$25,480
7,458
——
-"^Exclusive of profit
stock B, $100 value, will amount to $58,896,750.
Inasmuch as some of the junior issues will not receive then full
claims for principal and interest in securities, they
will-be given-in
183,526.
____:
preferred stock
cumul.
6%
43,266
1,066,600
537,650
receivable
debt
Minority interest in subsidiary
I
t1941
1942
1943 • v
$20,339
30-r;
income
•Net
45,000
9
tures—
%
614.
$91,-
1,083,715
45,000
of trading stamps (current)
carrying charges on installment ac¬
counts
Funded
Fund, Inc.—Earnings
Income—Dividends
;
4Vis in the
.
—y—$58,123
$133,053
share—_—Nil
$0.23
preferred stock outstanding.—
on
Investment
Mutual
reorganization managers will be under
issue underwritten, it possible.
.
Income bonds will be issued in two .series: -Series A
amount of $120,692,945, and series B 5s, $38,523,675.
Preferred stock (5% ) will be issued in the amount of $57,641
Common stock A, $100 value, will be issued in the
amount or
The
$2.03
to
1,194,096
2,368,190
■——
I
1,107,41'4
redempt.
accounts
28,610 shares of
p;.':2153///-/- :■"'/ /%
Equal
V.
157,
notes, however, will be secured by 125 k
rather than the 110% which was provided by
Tnese
$10,3b2,a00.
1942
1943
.
(net):
for
Unearned
profit after charges and taxes
Net
Earnings per common
with the same;
mortgage bonds
.■taxes
Res.
shares of common stock at 9V8,
plus an amount equivalent to New York Curb Exchange
non-member commission. Dealers' discount 25 cents;
r!i^
■ v'-'t/ Earnings for .six months ended June 30.
V'
'/"■•'y.'■
$1,807,978
824,133
1,276,426
Federal and State income
for estimated
Reserve
13 offered 1,000
July
$1,892,312
—
payable (merchandise in transit)
Accrued rentals, taxes, wages, etc.——'2-—;
Accounts
Co. on
Co.—Stock Offering—'Westheimer &
Muskogee
.
fied
.
———1
payable
Accounts
.
given, however, to any bondholder
of junior securities, to take the
securities.
The reorganization managers woujd then use the cash to
purchase an equivalent amount of securities and maintain the total
capital structure at the limit set in the plan.
.:
,
:/ Digest of the Plan—The plan provides for issues which will be un¬
disturbed, principally equipment trusts, in the amount of $lb,34b,50U.
(
It
provides tor $31,471,800 series A 3%%
15-year bonds., (The
amount of this issue may subsequently be changed
as a result/oi
negotiations with the RFC, v;hich may wish to have- its claim satis¬
by junior securities. Opportunity is
not wishing to take cash in lieu
*
Liabilities—
Northern first
Great
International
the
is to
liquidation over the other. The purpose of this latter change
to the general mortgage bonds the priority .to which they are
entitled.
.'."'■
Other changes from the ICC plan are: The effective date is made
Jan. T„ 1943,. instead of 1940; a sinking fund of %%
is provided for
the
first mortgage bonds;
the capital fund is reduced from 3% to
give
Monday, July 19, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
292
l-
W
WWWhWf«l*W>W*WW*ewe it*
\^MX*iil^ItJr*iikJi^.ksi
'
I
v^Kij .^v;::-;i:'Vv.J/'r- y
158
Number 4195
New England Power
The
Association
territory
for
reports
the
week
of
July
at
kilowatt
1943,
10,
available
hours
for
in
occur
the
1942 week.—V.
The
Operating
8,473,423
revenues
Uncollectible
June
oper.
$7,697,675 $41,354,841
13,463
35,670
27,763,379
■>'
$37,359,905
'
49,587
5,135,896
25,333,547
'
8,357
rev.
"
5,745,364
expenses—.
Net operating revs.—.
Operating taxes_____
Net
operating
Net
158,
income
5,801,925
$1,263,059
$1,250,755
$6,404,894
$6,174,846
782,306
802,237
3,932,125
Dec; 31—
—:____*.
for
retirement
of
__
income
Y' >
—■:
_______
taxes.,
taxes
319,177
472,684
1943,
51,780
$1,649,237
Other
long-term
$1,895,997
636,918
interest
Amortization
Taxes
of
debt
-
discount
and
16,974 ;>;•
45,407
expense
interest________—__——
on
45 Va
to construction—_____—___ :
Miscellaneous income deductions^
tw:v'
S
Net
:
:•
YY
YY '
A.
income
reject
-
v
Assets
543
$1,184,315
198,360
400,000
600,000
$8.58
$11.27
198,360
$394,025;
and
'*
associated
dividends
companies
Liabilities—Common
series
uncollectible
accounts
cumulative
stock
preferred
accounts
receivable,
long-term debt; $14,063,000;
no
of
no
-
par
$6,535,000;
shares),
$3,306,000;
Fed.
*_
Years.
1942
'
operating
operating
Railway
Yy
Net
Net
.
railway
railway
Other
income
157,
c :
inc.
income .7,
Miscellaneous deductions
Fixed
charges
Net
from
136,730
Assets—
.
;
-'
•
Investments
in
road,
equipment,
the
Special
and
Traffic
investments..
and
receivable—
service
car
Material
and
Interest
and
dividends
9
__—;
_______
Liabilities—
Capital
Grants
Long
in
aid
term
Traffic
of
Miscellaneous
Unmatured
interest
tax
Deferred
A
.
1,653,101
53,317
1,143,935
.Si). 4,340
324,369
V,
accrued
217,318
487,211
9,191,035
securities
of
of
acquisition
11,341,078
8,405,279
dates
116,107
8,203,096
over
deficit
Total
of
book
acquisition
27,000
10,493,453
value
of securities
thereof.—V.
158,
2,536,525
*
p.
of
89.
New York Air Brake
6
Months
Net
,
for
Ended
est.
profits
June
30—
1943
taxes
&
$2,883,780
1941J
income
taxes
Shares of capital stock
Earnings
•After
Note:
per
(no par)_—
share
applying
—
2,372,800
959,463
estimated
$446,947
259,120
:
post-war
The
$510,980
$520,245
259,120
259,120
$1.97
refund
of
$2.01
$83,000.
provision for Federal Income and excess profits taxes for
the 6 months ended June 30, 1943, is based
upon the existing Revenue
Act; the provision for the 1942 period was based
upon estimates made
1942
Revenue 'Act
for taxes
S.
to
$722,282
in
made in
Otcober,
the
195.
p.
the
Y":
y Y
(Del.)—Weekly Output—
totaled
Co.—Earnings—
1943—Month—1942
1943—5 Mos.—1942
$3,368,344
rev.
3,920
7,191
25,751
2,854,621
2,293,438
14,142,235
47,332
11,185,746
$1,516,206
$1,067,715
$7,317,038
$4,939,844
956,593
582,188
4,465,208
2,734,030
income ;A $559,613
$485,527
$2,851,830
$2,205,814
2,515,151
2,142,851
oper.
revs—-
operating
501,285
158, p. 91.
-
.
.
'
$21,485,024 $16,172,922
473,023
5
;
dividend
,y,
-•
,
,
Rubber Co.- -20-Cent Common Divi'
1
cents
stock,
share has
per
payable
distribution
Sept.
made
was
15
been
to
-
Feb.
on
declared
holders
1,
of
last,
the
on
record
which
no
par»
Aug.
the
was
this issue since 1926.—V. 157, p. 2255.
on
"
*
declared
dividend
a
of
IVz
and
common
1364.
p.
•
it
C6rp*—7^-Cent Dividend—
have
year,
*
.
directors
Sept.
'
•
fact 'that
1942,
'
20
stock, par $1, payable Sfept. 30
15Y Like amounts were paid on- March
Feb.
on
28,
June 30,
was
^
-
y.
25.
first
..
and
Operating
oper.
rev.
and
Dec..
31,
of
June
on
record
30,
this,
1942.—V.
*•
•**
•
Co.—Earnings—.
157,
.
y:-, •* •
$398,848
563
,
49,020
<
-•
.
:;.Y^r';YirY>
$450,399
99
53,651
#•
.
1943—5 Mos.—1942
$82,766
114
.
expenses'*;
Operating
31
1943—Month—1942
v; $88,632
revenues
Uncollectible
■
share
per
holders
'■
Ohio Associated Telephone
Y- Net
30
!
y
cents
to
VV;-:-v
.-I-,
Period End. May 31—
•
.
Sept.
*
••
.
interim reports
prior
-
of
common
The
the
$822,758
'
restrict
Commission
consolidation
472
,■
264,360
'
:" 244,061
$154,315
$34,867
$33,647
$185,476
taxes
—
21,734
11,144
105,313
65,494
operating
income
$13,133
$22,503
$80,163
$88,821
7,328
16,866
50,854
60,725
oper.
Operating
seven
,
,
•
.
July
and
gas
single
a
its
of
scope
11
investigation,
its
electric
operating
denial
of
companies
revenues
a
Net
of
*'•
.
<
157,
2351.
p.
a
-
■
income
—V.
The
company.
the petition contained
Net
proposal
require them to make any adjustments
shall not
,.
the
announced
of
into
system
to
Pacific
Gas
Electric
&
fused—
.
be
made
in
to
propose
the
companies'
hampered in
be
accounts
its
and
actions
The
the
in
factors
This
now
the
on
books,
of
scope
the
corporations.
final determination can be
carried
now
records, and
accounts
until
complete
hear¬
is
to
open
this
that
Commission
shall
not,
no
necessary
and proper corrections
records of the constituent corporations,
The expense,
both to
of
the
the petitioners
facts
the
in
cannot
assets
shall
be
would
and to
corrected.
accuracy
amount
'
be
most
the State,
This
of
of
company's
a
records
securities
new
that
is
the
important
in
consolidated
of
passing
,
result
a
limit
or
the
restrict
facts
permit
certain
of
the
duty of the Commission
make
to
such
an
require.
these
facts
this
amended petition
necessary
to
consents
consolidation
of
the
and
cannot
properly
be
accepted."
,-r
'
New
York
of
approval
Buffalo
and
P.
that
York Power
New
S.
Commission
Commission
the
$2,658,958
1,923,039
1,526,464
$1,224,009
$1,132,494
$5,983,049
$5,371,045
904,346
1,817,731
6,458,321
8,965,243
>
operating
income
—
plan
utility
for
the
$15,442,892 $12,531,559
9,459,843
7,160,514
Service Co.—Dissolution Approved
property
approved
of. the
after
company
and assets and redemption of
SEC, which had directed that
the
by
dissolution
its
sale
of
bonds,
the
all
has
its
been
be
company
cut
from
the Associated Gas and Electric Corp. system under the
Holding
Company Act. ■
+ y\Y:Y'v,■Y-Y,
V:i' yY'
YYvYy
vy
Steps in the dissolution include sale of Panhandle's utility property
and
assets
ates
in
the Northwestern
to
Oklahoma,
for
which
tric
are
owned
which
Co.,
Electric
$175,000
first mortgage bonds,
6%
Cooperative, Inc., which
oper¬
cash;
and redemption of Panhandle's
in about the same amount, all of
1945,
due
by the company's immediate parent, Associated Elec¬
acquire all the remaining assets of Pan¬
also would
handle.
,
.
"
.
'
-Y
•
.
for
the
P.
was
S.
Machold
filed
with
that
the
of
&
gen.
Financial
and
income
prof.,
Estimated
Net
tax
with
with
and
returned
to
commission
July
the
on
28.
are
proper and
necessary in
an
similar provisions to the one referred to
Commission have been included in previous
New York
Commission in connection with
and
notes
investments,
(less
in
Y
$29,307;
amortization),
other assets,
on
40,392
84,008
$127,493
$113,105
36,807
Y-—--
47,462
$0.35
$1.32
31, 1943
hand,
of
$215,656;
'
Y;
accounts
$1.11
•
receivable
$25,667), $273,280; miscellan¬
$379; Inventories, $357,943;
reserves),
assets (less reserves), $354,811;
deferred charges to operations,
fixed
13>899
y
36,807
reserves
$684;
\
27,462
Sheet Mar.
(less
•
______
> ;
and
(less:
receivable
469,161
,.
.
65,216
47,129
Cr4,713
,—
share
banks
receivable
accounts
eous
-
stock__^._-
Balance
•■
$60,813
j
tax
preferred stock
Assets—Cash
In
tax_
prof,
excess
profit for the year
Earnings
15.
petitioning
June
profits
39,290
exc.
Corp., Central
Light Corp. into The
that commission
has
that
val.
tax
Federal
refund of
common
Power
decl.
&
*
:
10,315
Y 67,196
42,299
Y'YY-y YyYYV
y:
.
1,445,096
531,794
'
-
Fed.
Post-war
less
exps.
1941
$2,123,953
279,865
expenses___
income
Est.
1,239,936
—
admin.
extraneous
i'-iYy-
1942
$2,462,985
1,587,278
$1,672,634
—
sold
goods
Selling,
per
factors that
of the
Cost
.'•■.1943
,
—:
-
common
such
stated
the memorandum
■
-
on
approved
returning
;
on
filed
filed
Earnings for the Years Ended March 31
.■■•Y'YYV
Dividends
Commission
petition
from consideration
petitions
Payne Furnace & Supply Co., Inc.—Annual Report—
Dividends
adequate investigation." The Commission further stated that no final
determination can be made until complete
hearings have been held.
Mr.
$3,147,048
revs.__
Panhandle'Public
A
requesting
to
by the Commission it was stated that the
petition was that one paragraph of the
petition filed on June 28 was "an attempt to limit in advance the
scope of the Commission's investigation and to assume the
right to
in
157,800
27,110,938
pro¬
Corp. and New York
York
memorandum
remove
108,600
31,432,019
Niagara Electric Corp., Niagara, LockThe Lockport and Newfane Power and
Ontario Power Co.,
Supply Co., Buffalo, Niagara and Eastern Power
Niagara Falls Power Co.
a
$46,983,511 $39,800,297
35,000
5,639.,027
income
exc.
petition
h:
The
$8,332,985
23,600
Sales
requirement, and
are
developed that require corrections, such correc¬
ordered, and no condition contained in any petition
be
view
may
Amended Petition Filed With Public Service Comm.—
An
$9,701,026
•
1943—5 Mos.—1942
6,530,378
upon
-■
facts
would
order ..as
the
Net
Net
Co.-—Earnings—
rev.
oper.
Commission
corporation
,; ic"If a public utility asks that the P. S. Commission
things to be done, which permission is a statutory
.
"In
com¬
—V. 158, p. 195.
addition,
the
should
the
expenses____
Net operating
Operating taxes
security holders to be misled by knowingly, permitting
liabilities to be misstated upon a utility's books. In
the
a
denied
allow
or
issue.
corporations
13
New York .Curb. Exchange
It said the company had failed
1943—Month—1942
revenues
Operating
are
books,
of
constituent
July
the
2453.YYY|j^.
Uncollectible
it does,
as
what
matter
require
and
Commission
•
petition in its present form, containing,
the
serious
very
Re-
trading activity in the stock.
The
Association of Securities Dealers, Inc., as intervenortj opposed
granting of unlimited trading privileges.',—V. 157, p%
Operating
of
>
•
.
made
such books
on
Exchange
Period End. May 31—
from
remove
.
constituent
no
and
Pacific Telephone & Telegraph
are
proper and necessary
in an adequate
will not accept any such limitations
it agree to exclude evidence as to the correct¬
appearing
Securities
the Commission's statement
that
can
Trading
National
the
Commission
nor
Co.- -Unlimited
'.
pany
unlimited trading privileges on
for its first preferred stock ($25
par).
to show that there was sufficient
the
an attempt to limit in advance, the
investigation and to assume the right to
on
corporations
•952,000
—
after
$402,621
utility corporation is organized as the result of the
operating utilities, the public interest requires that
the opening entries appearing upon the books of the new
company
shall be accurate and proper and that
any errors carried on the books
reason
Net
y"Y;:yy
Co.
$4,374,747
Nu-Enamel
"
1,388,000
purpose.
"When a public
$1,479,708
excess
1,037,000
without
New
1942
$1,398,947
income
Fed.
P.
not
consolidation
Water
income
Res.
oy
expenses.—
similar
•
1942
>:
investigation and the holding of public hearings would be
considerable, and if at the end of such investigation no proper order
be adopted both this time and
money would have been expended
posed
Co.—Earnings—
suppnea
^June 13,
1943
lengthy
port
-
be
States Power Co.
system for the
36,296,000 kwh., as compared with
corresponding week last year, an increase of
revenues—,
payment made
could
43,544
.
wih
;
195.
p.
Norwalk Tire &
A
$1,809,282" $2,210,758
:
"improper.
15,669,145
subsidiary companies at dates
the
attempt
accounts
act
accounts
$95,738,526 $88,367,587
______—
•Excess
5,534,283
2,541,659
June 19,.
13,
1942
'
*
r
' «
4
in the, 1942 earnings is due to the
adequate.—V.-158,
entries
developed,
tions
cost
for
158,
dend—
&"!:■
condition
as
subsidiary
5,534,283
loss,
4,340
697
2,805,315
—
:
Additions to property through income & surplus
Appropriated surplus not 'specifically invested
of
654,748
10,353
;
•June
:■'>
•
.
need
several
"To
■
95,062
thereof
and
'
'58,521,308
accrued—
Excess of/book value of
Profit
,.■■■■.v.
$14,832,900
Unadjusted .credits
<i
A
654,748
58,956,895
payable.,—:
liabilities
at
.»■
1
1,
competitive bidding
Northern
1943,
income
—V.
-—-—24 Weeks-
question,
a
1,427,426
>■
-
liabilities
companies
■
balances, Cr_________107,588
payable
1,434,376
liability
current
12 Weeks—-—■
*•
-
certain
of
334
$95,738,526 $88,367,587
unpaid
rents
10,312,088
34,769,568
21,879,205
ings have been held, this Commission is familiar, from prior proceed¬
ings and from proceedings now pending, with the books, records and
accounts of several of these companies, and knows that the
accuracy
8,056
'
unpaid
Unmatured
12,890,363
10,596,303
656,000
does
"Although
177,787
•*
wages
accounts
Dividends matured
«<■>
the
1,562,754
;Y—. $14,832,900
____
Interest matured
Other
YV/A
construction
service
car
Audited accounts and
Accrued
;
''
debt
and
:
_______
'
-<
13,319,215
1,931,960
514,000
Commission
may
of
ness
102,690
-5,581
!—__—!
stock
2,513,494
;_—
Hudson
investigation.
216,810
40,300
A-AsA"
A'A-A
2,742,602
provision
upon its powers,
1,161,235
841,614
''v'.-i
39,335,659
26,016,444
"Plainly this is
1,699
24,693
;
Net
public interest."
478,236
596,788
1,300,973
receivable
;
6,700,105
$1,058,621
an
consideration
______
debits
'•
Total
^
Dr
assets
assets
Unadjusted
.
balances,
kwh.
operating
Operating taxes
97,872,655
4,186,611
Summarizing its position in the matter,
1941
499
.
supplies—_________—________1,856,268
current
Other
"Deferred
it
Commission's
1,422,901:.,.
—
bills
the
10,
Net
62,858,560
$901,580
for the
"the
ments
i
$81,469,128 $80,046,743
4,679,781 > 3,183,817
3,500,000
Net bal. receiv.. from agents and conductors—
Miscellaneous
accounts
receivable
;;
<*>
cash
deposits
Loans
the
underwriters
''y
Northwestern Bell Telephone
investigations of the Niagara Hudson system companies
in connection with determination of original cost and establishment of
continuing property records,. now in progress, a statement f<om the
Commission set forth that it was "aware that many important adjust¬
>r;
Temporary
of
July
13.7%.—V.
^
64,064,770
—
their accounts."
$1,414,315
■-'•X
1942
etc
Cash
output
ended
A
of
than
of
under
on
be
In its various
Consolidated General Balance Sheet, Dec. 31
'
,
that
2,817,782
$6,146,031
' ' ' • I^
sale
244,527
Commission's objection set forth that
$4,232,097
2,816,512
and loss__
^
223,953
taxes-
York
New
read:-
profit
'
50,169
^
the
-4^ 36,652
'
transferred to
Names
;:y, J.;;Y
Operating
19,536,836 103,624,382
$387,580
that
more
proposal
109,668
$8,962,544
_•
V
con¬
Service Co.- -Registers with
for
•
will
1943—5 Mos.—1942
•',;<»*. •
proposed
redemption of the bonds to be redeemed, plus
expenses of the
will be paid out of other .funds of the
company.—-V. 158,
Uncollectible
8,053,831
:
enactment
sale
Period End. May 31—
J
'
presently
••• •
.
, »
the
4
$4,268,749
income
charges
y.
with
*
taxes.:
Commission
fixed
V
v
Proposal an
Attempt to Restrict Scope of Its Investigation of Ac¬
counting Records and Practices-^
' 1 *■
$4,159,081
178,321
—
income
.
Y
for
purchases
1
•
Niagara Hudson Power Corp.^Public Service Com¬
949,247
$9,09,9,273
__Y
—_—
week
mission Rejects Consolidation Plan—Terms
$5,488,337
$8,920,952
:___
__
part.
12,786,562
v
Dr2,549,582 Drl,329,256
—
additional
in
or
2,067,596
inc.
the ..Niagara
income—
_—
available
'
$6,437,583
$11,470,535
of
91.
Electric
to
48,266
profit
found
^
1941
;
bonds
Northern States Power
12,
12,820,496
income
,
bef.
upon
in
operating
:yy' Total
Income
f-:jt
$15,036,772
income.—
Y_
rents
Net
r-i,
\
20,922,593
—
Terming
operations
Aug.
interest
from
31,932,000
make
whole
1652.
J
'
•Revised figures.
..
3,566,238
operating
-■ \
Note—The" adjustment
sur-
$31,313,786 $18,019,862
16,277,014 .11,582,278
___;
taxes
Railway
»
*
from
revenue
Railway
revenues,—
expenses-
than
accrued
this
company
p.
■
Net
New Orleans, Texas & Mexico Ry.—Annual
Report-
; Railway
■
..
rev.
157, p. 2452.
Was
■
later
5,311,229
!
Calendar
date
April 1, 1938, and since that time their
Stock Exchange has fluctuated between
1747,
revenues-
operating
Profit
4
'
right to
in
June 19,
$6
reserves,
for
not
1943—Month—1942
;*VMJ.. •••.
Period—
supplies,* ■ $348,923;
total,
$33,000,191.
accounts
Statement
due
North American - Rayon Corp.—Revised Earnings-
interest
$6,488,728; contributions in aid of construction, $91,780; capital
plus, $260,163; earned surplus, $1,115,969; total,
$33,000,191.—V.
p. 2154.
'v:
^
income
notes
'Value
payable, $119,643; dividend pay4able Jan. 1, 1943, $49,590; customers' deposits, $240,683;'taxes accrued,
,$356,533; interest accrued, $247,373; other current and accrued liabili; ties, $6,988;
customers' advances for construction, $118,740;
;
the
on
taxes
Net income
—V.
$28,622),
$38,486;
shares),
par
<33,060
5%
in
applied, together with other necessary
funds of the company, for the
redemption of $45,000,000 3%% bonds,
series A, due Aug. 1,
1969, at 106l/4%, or $47,812,500. Interest to the
acceptable
with
Proceeds
Y
1
1943
(87,500
stock
;
Telephone Co.—Earnings-
oper.
oper.
Net
receivable, $13,089; materials and
$37,962;
deferred
debits, $824,547;
prepayments,
;
for
Indiana Public
; Company will offer the
rule of the Commission.
Net
Net
Sheet, Dec. 31, 1942
reserve
convertible
at
-
York
pp.
expenses
Operating
Property, plant and equipment, $24,920,700; investments,
$5,436,063; cash in banks and on hand, $872,792; special deposits, $12,T.1883; u. S. Treasury note, tax series C, $100,000; note receivable, $720;(less
New
157,
'•
•••-'. v.-j
Operating
—
receivable
it
intention
no
Company filed a registration statement (2-5178) with the
SEC
July 8 for $45,000,000 first mortgage bonds, series
C, dated Aug.
1943, due Aug. 1, 1973.
Interest rate will be supolied bv
consume
to be made
are
offers
all
issued
the
on
95.—V.
Uncollectible
'
accounts
its
to
purchase price
reserved
or
were
Operating revenues—_
$949,107
—_
and
.VrtJ.'
Cr2,956
1,188
■___:
Balance
.
notes
period End. May 31—
53
Y.
iY__.
share.
per
any
notes
New York
45,419
Cr373
^
J
Preferred dividends __Y______._j.___
Common dividends
Earnings
Northern
SEC—
Operating
29,471
15
■
charged
of
notes
aggregate
■
has
company
to
These
•
Interest
holders
such
the
was
»
639,150
debt
charges,:
assumed
in
-
price range
.:—
invited
offer
date.
and
$1,824,520
71,477
-
income
on
c
Co.—To Purchase Notes—
against payment of the
that
The
$1,597,456
to
will
there
North Central Texas Oil
Co., Inc.^—New Chairman—
the
Deliveries of accepted
467,439
.
1947,
that
that
the
petitioning corporations, to** limit or
the scope of any investigation that the
Com¬
Francis B
Thome, a director and
Vice-President, has been elected
Chairman of the board to succeed
the- late William H.
Williams. Harry
B. Hollins Jr. has been elected a
director to fill the vacancv on the
board created by Mr. William's
death.—V. 157, p. 2453.
prices in an
approximately $150,000.
Purchase of notes made will be at the lowest offered
prices.
Offers of sale will be received
by the company until July 29, 1943,
and notice of acceptance or
rejection of such offers will be mailed
on
or
before Aug. 2,
1943.
"
'
476,955
482,464
490,371
1,
amount
321,866
:f- 318,081
_
———
-
Interest
were
and
of
way
share
per
declared
arid
has
company
April
■'.*
—_—
—
Operating income
Otncr income, net„_i.______.i
Gross
cents
part
any
post-effective amendment.
,
property
1
Other
50
payable Sept. 1 to
paid on March 1 and
v
1941
$5,082,881
1,509,634
1942
$5,171,782
1,974,011
__________—
(deprec.)
plant and equipment—,.
Federal
'"Ay
'
_——
.'Maintenance
amounts
of
stock,
■
The
Provision
have
stock
New York Dock
Operating revenues
Operating expenses
Like
dividend
a
common
3,846,013
New Jersey Power & Light Co.—Earnings—
,
value
16.
V
;
declared
'
directors
the
in
might make in connection
solidation.—V. 158, p. 195.
Payments of 50 cents per share were also made in 1942
dates:1 Feb. 2, May 1, Aug.f l and Nov. 2.—V. 157,
common
reorganizations
on
mission
♦
7,150,898
1,456,643 ,1,297,561
V
Years Ended
>"
a
dividend of 50 cents per share on
regular quarterly dividend of 1%% on
the preferred stock, both
payable Aug. 2 to holders of record July 21.
Like amounts were disbursed on
May 1, last.
:
The company in 1942 made the
following distributions on the com¬
mon
stock: May 1, Aug. 1 and Nov.
2, 50 cents each; and Dec. 28,
..$2.25.—V. 157, p. 1562. ■
-
:
par
Aug.
corporate
instance,
following
The
the
89.
p.
record
293
circumscribe
13
no
earnings for the
approximated with respect
be
New Process Co.—30-Cent Common Dividend—
f
$2,719,702 " $2,548,316 $13,555,792 $11,976,771
income
—V.
only
1562.
p.
1943—5 Mos.—1942 '
of
1, last.
the
on
July
on
outstanding
holders
-
Operating
directors
the
on
taxes depends upon
can
50-Cent Distribution—
158, p. 195.
1943—Month—1942
amount of such
year and,
accordingly,
interim periods.
to
$51,739,153,
as
New England Telephone & Telegraph Co.—Earnings—
Period End. May 31—
v
that time. The
full
its
compared
with 55,667,598 for the week ended
July 11, 1942, a decrease of 7.06%.
Output for the preceding week was 61,318,032 kwh., an increase of
14.12% over the corresponding week
/ last year.
The week ended July
10, 1943, is not comparable to week ended
July 11, 1942, due to the fact that Independence Day, July 4, did
not
;a;yA v;-
THE COMMERCIAL '& FINANCIAL CHRONICLE
Association—Output Off 7.06%-—
number
ended
.,A,.;:
.
Volume
patents,
$20,924;
$8,918; total, $1,261,901.
Liabilities—Notes payable to banks,
713;
accrued
able,
eral
U.
$16,067;
income,
S.
wages
$100,000; accounts payable, $84,-*
and commissions payable, $27,057; dividends pay¬
taxes payable, $19,567; estimated Fed¬
miscellaneous
profits, and capital stock taxes payable
(less;
Notes, tax series, at cost plus accrued interest, of
excess
Treasury
$50,115),
$38,647;
preferred
stock,
deferred
$458,342;
income,
common
$7,156;
stock
(par
cumulative
$1),
convertible,
$121,658; paid-in
Monday, July 19, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
294
'
'259.
p.
The
first
31, 1943,
to U. S.
$1,279,942)
plus 15,787,134 bolivianos, before
providing for income
taxes.
After taxes estimated, net profit amounted to 317,210 pounds
sterling
(equivalent to U. S. $1,279,9421 and a loss of 1,824,222 \
bolivianos.
For
the same period
in 1942 profits, after taxes as
adjusted, but without giving effect to the subsequent increase in price
of
tin
which was applied retroactively to sales during that period,
amounted to
166,251 pounds sterling
(equivalent to U. S. $670,8221
plus 4,034,374 bolivianos.
Tin in concentrates shipped but not sold
at March 31,
1943, was valued in inventory at £333.10.0 per long ton
of fine tin
(60 cents per pound) f. o. b. South American ports, as
against £277.18.4 per long ton of fine tin (50 cents per pound) at
The
March
net
i. f. Liverpool.
pounds sterling to
1942,
31,
of
157,
£.—V.
c.
2050.
p.
America
of
The
price is 101 "/a and the accrued'interest to
$20 per $1,000 bond.—V. 158, p. 92.
call
even
c
'
$40,968,315 $38,451,385
;
This
of
Stuart & Co., Inc., and Otis & Co. on July
guarantee to the road a minimum price of
101 for
$28,483,000 of first and refunding mortgage 3%% bonds
35 years.
'' ' ■ V
'
,-■
The offer was made on behalf of
the two firms by
Halsey,
„
the
of
• ' • ;V .'
if the pending 25-year issue were
open to competitive bidding the firms would bid at least 102,
The Interstate Commerce Commission on July 9 closed the two-day
hearing on the road's pending $28,483,000
refinancing operation.—
158,
196.
p.
I
.
preferred
Per
application
maturity
common
157,
v
for
1943—Month—1942
1943—6 Mos.—1942
$2,563,753 $16,735,035 $14,898,406
Period End. June 30—
share
Operating
■'.■••V
.
Railroad
'43 May 31,'43 June 30. '42
$237.65
263.23
260.50
176.88
21.15
20.79
9.96
;■
——„'
Net
Net
Corp.—Final Liquidating Dividend-
Shares
receiver
i
765.
p.
Note—No
announced July 12 that it has negotiated
through Lehman Brothers the sale to investment trusts and an insur¬
ance company of 18,000 shares of capital stock.
Proceeds from the sale
will be used by Phoenix in connection with the recent redemption of
its preferred stock.—V. 158, p. 92.
Corp.
Securities
Phoenix
Co.—Sales Up 8.4%—
Philadelphia Electric
last
July 10,
ended
8,606,000
of
increase
for this company and its subsidiaries for the
1943, amounted to 111,133,000 kilowatt-hours, an
kwh., or 8.4%, over the corresponding period of
called
been
have
for
redemption
as
of Aug.
Annuities, trustee, 15th and
and Granting
2 a total' of
has been declared on
dividend of 25 cents per share
24
July
payable
stock,
disbursed
on
Aug.
declared
have
stock,
common
to holders of record July 14.
5 and Dec. 21, last year; none
Like amounts
since.—V. 157,
Government
A
of U.
of
dividend
a
check
1943—Month—1942
1943—12 Mos.—1942
$1,957,622 $1,725,284 $23,188,412 $20,113,162
704,197.
050,267
8,817,281
7,492,754
157,260
112,762
1,741,245
1,243,028
118,291
127,829
1,481,887
1,557,671
66,953
93,480
1,157,332
943,490
229,088
226,099
2,520,708
2,549,775
revenues
Maintenance
Depreciation
_
taxes
income
taxes
Other
Light Co. (& Subs.)—Earns.—
(Mich.)
Monroe
plant,
revenues—
income (net)
oper.
Other
Balance
-Interest
•
.
1,702
60,833
41,489
$516,548
278,795
$7,530,791
3,351,365
$6,367,933
3,351,160
$237,753
$407,475
____
$4,179,426
$3,016,773
550,000
158,
1,583,970
$2,045,456
Balance
550,000
1,583,970
preference dividend requirements
dividend requirements-—
Preferred
—V.
$6,326,444
Dr1,630
amortization
Balance
Prior
$7,469,959
$680,203
272,728
_____
&
$514,846
$681,833
Act of
$882,803
196.
p.
Operating
1943—Month—1942
revenues-
$662,134
$708,033
deduct.
441,537
467,211
Total
oper.
Total
operating
Net
Other
$3,242,815
2,101,953
$3,551,952
$1,140,862
$1,171,516
3,352
36,668
30,997
>
$1,177,530
Drl,354
DM,597
Dr8,200
Extraord.
Extraord.
30,055
$212,522
$1,126,412
inc.,
inc.,
charges-
income
charged
449
486
1,246
4,102
$224,074
$212,036
162,300
$1,126,104
724,500
$1,049,729
145,800
____
674,400
—V.
157,
$401,604
$49,736
$78,274
surplus
.
$375,329
Cr33,758
1942
with
V.
162,000
162,000
1,031,226
1,031,226
200,000
200,000
620,731
——
620,731
12-1—
stock—$0.80 a share
—
Sheet,
Dec.
and
hand
on
S.
1941
746
4,205
159,126
915;
Total
Net
Other
revenues-
deductions-
59,867
operi revenues—
cominun.
income
*$21,256
oper.
*$19,856
Deduct,
Deducs.
Net
ord.
ordinary
frm.
income
ferred
to
$188,783
$247,821
273,934
336,376
683,683
•
*$18,404
*$85,151
7,000
.T .i
2,700,000
6%
series
D
*$18,404
*$78,151
♦$88,555
series
Serial
121,387
529,539
$102,983
$451,388
$809,475
$808,725
91,919
373,450
725,195
series
Customers'
Taxes
stock-
deposits
4
receivable.
561,501
earn.
$3,723
6.
$11,064
$77,938
138,494
116,102
1
1,823,683
447,911
116,102
1,500,599
1,291,875
11,363,198
/
._
1,110,915
1,086,078
4,142,504
•
1
3,640,395
$97,286,616-$95,168,521
as
of
March 31,
\
t-
-
common
stock
Authorized
.
($50 par)__
h-
1843
Outstanding
,
.
$3,716,250
"$3,356,250
,,'V 37,500 shs.'
None
is
no
,
1,500 shs.
500 shs.
1,500 shs
500
shs!
indenture;
*
pany's stockholders on July 15, 1941 pursuant to which the company
issued such debentures in exchange for an equal principal amount of
due Jan. 1, -1950 then outstanding.
The 5%
debenture bonds due Jan. 1, 1950, together with shares of the capital
stock of the company, were issued in December 1939, pursuant to- a
5%
9,726,191
*w_—
of construction—.'
$83,530
Total
!
the amount stated above is the amount of
debentures authorized to be issued by unanimous vote of the coitw
-."There
the
1,425,736
451,433
Earned surplus
surplus
123,748
138,159
2
—
aid
'.
2,428,178
—
in
127319
C
•
credits
Contributions
Convertible
2,000
'
Dividends on cumulative preferred stocks—
Deferred
,
^
the
portion of these funds has been authorized.
10-year 5% debent. due July 1, 1950—
5% cumulative pfd. stock ($100 par)^
Non-convert." common- stock i$50 -par)
80,000
—
..—
specific .purpose of any
;
36,996,000
______
accrued
of
$200,500.
Capitalization
4,000,000
80,000
36,996,000
2_—
accrued
Reserves
trans-
preferred
companies' accounts
accounts receivable—
a
17,187,100
E preferred—___
—
bonds due within one year—„
Interest
$451,388
cumulative
5%
debt
Associated
Other
$102,983
17,187,100
4,000,000
cumulative preferred stock—.
E
Dunn,
C. A.
2,700,000
preferred stock
cumulative
on
any
date of delivery, will be as follows: Estate of Jacob Rup¬
$14,383,208 $14,383,208
C
Long-term
directly
'
...
series
Premium
750
inc.—
-
stock
5%
*$88,555
898,030
$26,613
22,890
V
Liabilities—
Common
6%
inc.-
income-
net
'
46,469
inc.—
ordinary
from
64,743
$26,613
communication
Gross
.
1,400
Operating income —
Ordinary
income, non¬
Net
$46,339
$38,611
oper.
receive
Ruppert and Amanda E. Silleck have each agreed to apply
.f
the extent necessary, to repay- /
to the company, aggregating
'
$766,229, plus interest from July 1, 1943 (reduced from $876,291 prin,
cipal and interest at March 31; 1943).
Company proposes to add thefr
amount so received to its general corporate funds. <No allocation to
$97,286,616 $95,168,521
Total
1943—5 Mos.—1942
1943—Month—1942
Period-End. May 31—
Total
America—Earnings—
not
George E.
•
Radiomarine Corp. of
will
the proceeds to be received by them, to
ment
in full of their respective debts
130,927
710,699
!___.
Issue—Company
Ruppert, $708,767; Amanda E. Silleck, $366,Manufacturers Trust Co., $314,785; J. Ruppert Schalk, $300,750; b-
Anna
1,412,460
Deferred debits
of
1943, to the
1,494,809
1,217,741
___!
;
}
'
pert, $859,142; George E.
600,000
1,501,195
1
.
Corp. headed an underwriting group which on July
Proceeds
747
2—_
supplies
Materials,
'
proceeds to be derived from the sale of the debentures.
The proceeds
to be received by the sellers, exclusive of accrued interest from July 1,
1,275,136
3,945,764
5,315
'
obligations——2
Govt,
(
enemy action.
This compares
the year ended Dec. 31, 1941.L-
for
of 22,739,527
909.
/
'■
5,260~088
—______
Special deposits
23,982,646
through
investments
ended Dec. 31, 1942, Income
florins.
After deducting
year
etc., net profit for the calendar year
which was transferred to the reserve
;
$87,832,816 $86,219,681
2_
2
r
$744,000 5% sinking fund debentures, due July
31
—
2
banks
reports for the
interest, etc., of
income
,
/,
V'.*
Co., Inc., Eastman, Dillon & Co., and Granbery, Marache & Lord.
1942
funds
of
loss
net
p.
J
Blyth &
Assets-
in
;
:^f;
; i
vuc
■>.,»
1, 1950, at 104and interest. The debentures now of> fered were purchased from stockholders.
Associated
with The First Boston Corp. in the underwriting are
deducting $51,600 post-war refund.
Property, plant and equipment
Investments in securities
2^2
Cash
153,
1943—6 Mos.—1942
$4,375,358 $3.649,157\*
(Jacob) Ruppert—Debentures Offered—The First Bos-
preferred stock:
series E—$5 a share——_—
common
■'After
a
$674,308
C©.^—Earnings—
for expenses,
23,881,113 florins,
14 offered
series D—$6 a share
1943—Month—1942
$743,336
florins
was.
against
V
Cent Stores. Inc.—Sales Gain—
'
$2,277,784
series C—$6 a share
5%
101,533
ton
6%
receipt
the 4)4 %
of
36,972
$2,682,026
company
dividends,
from
(cash):
cumulative
Prepayments
2456.
p.
—
Accounts receivable
transfer'd
earned
to
107
U*
all of.the outstanding
owns
•
V •*.«;'
j
Cr33,616
108
—:
Balance
2,335
'
net inc.—
income
12,544
the
upon
sale
——_
Royal Dutch
1,330,957
6,410
Cr26,517
—
construction——
to
and
Rockland
of
.proceeds of. the
—v. 157, p. 2353.
7,444
Cr97,328
(net)
income
Dividends
U.
Net
$3,584,856
1,330,792
———
and exp.
bond interest
tax on
Special
Net
$3,577,412
155,201
938
1
the
Sales—
2,800344
35,428
Net
$1,051,496
2,595
$224,522
Deduct, from
■>464,400
$3,937,033
21
-
apply the cash received to the further redemption
due by it to Bank of America National Trust and
Rose's 5, 10, & 25
1—
—
Electric Co.
&
Period Ended June 30—
—_
m
by General of the stoek
bonds, that company will
of the indebtedness
Savings Association
! and American Trust.Company, San Francisco, Calif.—V. 157, p. 2456.
and
■
$3,937,054
—J.
—.2
Gas
Water,
General
securities
;
2,884,021
—
>.
1,028,000
(net)—
interest
share.
1,926,759
:
long-term debt
per
1,115,600
income
on
Interest
$1,206,697
inc.
ordinary
taxes
income
$82
at
V: 2,148,691
———
Life Insur¬
said bonds
be
1,322,868
—
income
Federal
4,184
$242,577
income
credits-
,
ord.
from
Net
profits
subject to the right of the Lincoln-National
of the principal amount of
purchase $100,000
to
This stock and the proceeds from the sale of the 4)4% bonds will
applied to the retirement and cancellation of presently outstanding
bonds and notes iri the aggregate amount of $454,000 and to redupe
open account indebtedness of $57,426 by $37,200.
' ' H
-
;
,
1941
$140,000* respectively.
$260,000 and
sale is
Co.
The
$1,202,513
$227,117
inc.— ;
Co.
-
whereby company
to be taken up by
plant
prop,
—
excess
Gros6
V)
of Bonds—The
Occidental Life Insurance Co. ' w
Rockland further proposes to amend its certificate of incorporation
to increase its authorized capital stock from 5.000 to 7,500 shares of
a stated
value of $82 per share.
Rockland proposes to Issue and sell
1,100 shares of the authorized stock to General Water Gas & Electric
:i
t
Other
a
Gas Co., Inc.—Private Sale
1,260,307
r
$1,169,330
42,918
Deduct,
of
-
6%
$244,174
-
2,380,436
$240,822
$228,471
The
,
non¬
ordinary
(deprec.)
taxes—
Operating
On
Gross
retirement
income
taxes
On
Operating income
Ordinary income,
communication
1943—5 Mos.—1942
7,874
communic.
—
—
;
Amort, of debt discount, prem.
$220,597
revenues
inc.—
oper.
Other
Inc.—Earnings—
_i.__
purchased—
gas
equipment
Federal
$166,000, according
the New York
between assets
share, it was stated.
at
listed
was
July 14 approved transactions
on
amount of
r-
$19,132,469 $17,799,699
G,750,258
7,003,491
394,058
318,925
—
expenses
and
for
and
,
stock, at $100
157, p. 2456.
the
of
value
par
company
to issue and sell at 100%% $400,000 1st Mtge.
20-year 4V4% bonds, series A, due March 1, 1563,
Occidental Life Insurance Co., of California and California-Western States Life Insurance Co. in the principal
November through
the Second War
1942
;
.
Maintenance
Prov.
company
proposes
: V ->-:v
Operating revenues
Other
Period End. May 31—
SEC
Rochester Gas & Electric Corp.—Earnings—
Interest
RCA Communications,
1942.—V. 158, p. 93.
Aug. 2,
Years Ended Dec. 31— '
Federal
,
introduced into evidence before
(Rochester Times-Union.)—V.
.
Powers
f
This figure represents the difference
Commission.
total
'and
•
was on deposit with the clerk
12 for this corporation in payment for
Associated Press dispatch from Detroit
an
Defense
Power
Net
1942
$2,592,114
five cents per share on
plant was taken over by the Government last
Plant
Corporation of America under
The
the
railway
the
of
financial statements
$1,642,225
for
District Court on July
S.
corporation for
next July.
S.
the
and
states.
Puget Sound Power &
Period End. May 31—
T.
R.
P.
Republic Steel Corp.—Paid For Monrg^ Plant—
the common
its
Federal
railway
the
expires
regular quarterly dividends of 15 cents
per
share on the 6%
preferred stocks, series A and series B, all
payable July 31 to holders of record July 19,
"v:-;
A payment of $ve cents per share was made on the common stock
on
Feb. 1 and April 30, last,
and on Oct. 31, 1942, as against six
cents each on April 30 and July 31, 1942, and eight cents on Jan.
31, 1942.—V. 157, p. 1852.
VI
the
v;
Stocks-
consist of $33,176 in
and equipment of the old
Charlotte valued at $500,
revealed. In addition, under the lease with the R. T. Cf.,
company receives an annual rental of $16,000 plus 25
C.'s gross earnings over $55,000 on that line.
The lease
railway
electric
old
the
Toomey
the
of
ance
2256.
Operating
Operation
.
Corp.—Offer to "Minority
transit
to
Inc.—25-Cent Distribution—
Phillips Packing Co.,
p.
Chestnut Sts., Phila¬
157, p. 2455.
delphia, Pa.—V.
were
1943
$3,200,175
f
1467.
directors
The
272,90p
✓
of
Mr.
Republic Investors Fund, Inc.—Dividends—
Co.—Bonds Called—
$101,000 of 5% collateral gold bonds dated Dec. 15, 1908, at 105 and
interest, out of moneys held in the sinking fund.
Payment will be
made at the office of the Pennsylvania Company for Insurances on
A
:
/
•-
sales—
157, p.
$408,295
312,485
.
received from the salvage of tracks
trolley line, and an unused substation in
1942,
Six Months Ended June 30—
—V.
-$449,686
46,730
,
'
.
.
said.
Assets
cash,
,,
Deficit
Gross
$73,495
61,376
93.
p.
Rockland
Philadelphia Rapid Transit
Lives
•
,he
$1,192
——
157, p. 2455.
year.—V.
There
1943
is available.
ended Dec. 31,
year
$89,497
"
87,636
Electric Ry. Co.,
it was disclosed
on July 6.
The other 88.8%> of the stock,, or 1,776 shares, is already
owned by the R. T. C., which operates the line under a lease.
r
The minority stockholders number 21, it was stated by Leonard G.
Toomey, auditor and comptroller for the corporation.
Nine of thesC,
who hold 134
shares, have accepted the company's purchase offer,
the company reported a net loss
of $61,789 after charges and taxes but before provision £or depletion.
This compared with a net loss of $99,530 in the previous year.
Outstanding capital stock amounts to 23)4 shares of 7% preferred
and 237,099 shares of ($1 par) common stocks.—V. 155, p. 607.
the
For
$901,037
451,351
,
(Robert) Reis & Co. (& Subs.)—Sales Higher—
output
electric
The
week
and taxes
comparison
$847,964
439,663
$161,361
87,866
An offer< of $40 a share has been made by this
224 outstanding .shares (11.2% f of the old Rochester
which owns the right-of-way of the Charlotte line,
'
,
Earnings for 4 Months Ended April 30,
Net loss after charges
Shares Sold—
'
1,698,265
1,805,341
352,180
$177,133 '
operating income
158,
Rochester
-.V;,:/
Red Bank Oil Co.—Earnings—
$2,796,579
'
holders of Subsidiary—
of
,
141,
898
< •
369,652
income
.—V.
Bickford,
666
rev.
oper,
expenses
!
'
1943—5 Mos.—1942.
$2,709,653 $2,550,632
\X: 3,275
4,403
$193.46
the company, has been authorized
by the Court which appointed him, to pay a first and final liquidating
dividend
of 9Va
cents per share.
■ •"] ^ ' .v -'V ;vr'V
y
The dividend will be paid upon the surrender by the shareholders
of their certificates to the office of the receiver, 53 State St., Boston,
F.
Arthur
Corp.—Earnings—
1943—Month—1942
$547,451
$514,439
31—
Net. oper. revenuesOperating taxes
,
$239.09
share
157, p. 2352.
Pepsi-Cola Co.—18,000
&
each
,
—V.
15
Operating revenues
available
reports
End. May
Uncollectible
: '.1'v
'2353.
p.
Mass.—V.
Sales
July
on
Rochester Telephone
Stores—Sales Gain 9.1%—
People's Drug
corporation
'Period
>
''
'
bond—:
Per
—V.
Mr.
V.
r:
June 30,
thrown
,
1
Securities Co.—Asset Value—
Light
company
$100
Per
Kuhn, Loeb & Co. at par.
Stuart said furthermore that
to
VV
;.v.
7.
&
market values of assets
class of its outstanding securities as follows: -
Stuart & Co., Inc., at hearings before the ICC on
road to sell that amount of bonds with a 25-year
of Halsey,
trends in air cargo transportation and demonstrates the
growth of volume on charges to the shipper.—V. 158, p. 196.
post-war
A/;
_
„
within
points in Canada and Newfoundland.
amounting to 12 cents per pound on traffic between .'
Angeles and other West Coast points,v is indicative
United States and
Railway
9 offered to
an issue of
maturing in
'
,
H. L. Stuart
paid a dividend of $1
the $7 Cumulative preferred
per
stock, no par
A similar distribution was made on
April 15, last, as against $5 on Jan. 15, 1943.
Payments in 1942
were as follows: Jan. 15,
$5; April 15, July 15 and Oct, 15, $1 each;
and Dec. 28, 65 cents.—V._ 157, p, 1468»
The
account of accumulations on
value, to. holders of record July 8.
the
York-Los
New
The
;
announced, that Air
12
July
on
%
r'
share oh
.
reduction,
effect of
RR.—Higher Bid For
airlines
the
Corp.—Pays $1 Dividend—
Reserve Investing
present minimum charge of $1 per shipment.
reduction will not affect rates applying between points
affect
The
1943—6 Mos.—1942
$218,292,623 $200,538,018
and
corporation
'j■
6%
mortgage
first
J
;
!"
:
Express rates would have a base reduction of 12ya%, effective July 15,
with an overall reduction averaging 101/a to 11%.
This reduction does
not
•
& Detroit
Pennsylvania, Ohio
'0
i;"'
'
redemption
for
called
been
have
outstanding
' h
.
196.
p.
as of Aug. 2, 1943 all of
gold coupon bends, due Aug. 2,
1945, as extended, at par and interest.
Payment will be made at the
Detroit Trust Co., trustee, 201 West Fort St.," Detroit, Mich.—V. 156,
p.
166.
v"
/::/
that day amounts to an
/ y
.
158,
Co.—Bonds Called—
River Raisin Paper
There
the
Railway Express Agency, Inc.—Rates Reduced—
*
151, p. 2255.
—V.
•...
.
The
1943—Month—1942
Period End June 30—
A.,
retire the present bonds and all out¬
proceeds will be used to
continental
Sales
S.
1943.—V.
1,
Sept.
to
interest
and
105
receive
by the
maturities by
installment contracts. Company's first mortgage 4Va% bonds
March 1, 1949 have been called for redemption on Aug, 11.
The
due
>
Penney—Sales Up 6.44%—
(J. C.)
T.« and
N.
.
purchased
being
are
standing
dollars is at $4.03*/a to
U. S.
maturities
five
and the last ten
Northwestern Mutual Life Insurance Co. of Milwaukee.
Bank
.
.
first
The
Redeemed—
of September 1, 1943, a
outstanding) of series D
cumulative preferred stock at 105 and dividends.
Payment will be
made at the Lincolm-AlliancevBank & Trust Co.
at any time on or
,before. date fixed for redemption, and holders of called shares will
The company has called for redemption as
total of 11,871 shares (out of 171,871 shares
.
has concluded a private sale of a new issue of serial
bonds, dated Aug. 1, 1943 and maturing $225,000 an¬
company
Preferred Stock to be
Part of Series D
of Bonds
Sale
,
mortgage
maturity.
on
income
Conversion
the
reports for the three months ended March
of 317,210 pounds sterling (equivalent
company
—
nually over the next 14 years, with $850,000 due on Aug. 1, 1958. They
are being sold at 100, and bear interest at from 3%
to 4Vs % depending
Earnings—
estimated
Co.
Realty
&
Privately—
(Inc.)—
Consolidated
Enterprises
&
Mines
Patino
>
/
,
Equipment
Railway
total, $1,261,901.—V. 156,
earned surplus, $236,271;
surplus, $152,424;
debenture
bonds
.
of reorganization
and recapitalization then adopted, f to the ir'
stockholders of the company in exchange for the shares of the'eompanv'
plan
.
then
'
held.
Subsequent to the issuance of the 10-year
1950,
the
company
has
repurchased
and
5'% debentures due July
cancelled an aggregate
.
t
1
of
Volume
158
$720,250
the'debentures.
of,
Number 4195
THE COMMERCIAL
there are now-outstanding.
$2,996,000 of the debentures. Neither' any of the debentures so repur¬
chased nor any additional 10-year 5% debentures, due July 1, 1950
be
may
Accordingly
of
Earnings
for
sales
of
&
1941
,
21.
7,774,531
7,246,148
$220,075
$1,677,885
$1,343,783
28,543
108,905
137,453
Aug.
from
cper
income
of
Gross
income
Interest
Qther
$248,618
$688,127
for
185,813
290,649
183,938
25
$195,758
;
income
93,100
606^239
$102,658
$713,089
Proceeds
199,6.75
metals
of
were
.
,
—
Interest
-
will
133,556
•,
and ownership of the business have been
the inception of the business in 18.67.
family since
in
respective
chase
,The
amounts
follows!
are "as
of
of
names
debentures
the
several
the
which
each
control
196.
Net
to
The
rate
Co.
(&
Account
for
Calendar
Years
The
120
of
'The
•a
directors
1,163,947
metals
on
$934,323
$1,458,916
30,765
$1,127,142
$1,117,289
,
Net
June
on
29
taxes
Net
Net
32,573
$1,489,681
$1,160,638
225,539
132,518
143,158
228,509
252,899
152,073
111,479
224,763
279,234
275,550
277,398
7,149
49,509
88,606
117,126
37,033
.-Other
-
71,291
84,288
60,060
above 98, some of which
call -for tenders, offered
bonds.—V.
St.
A.
co-trustee
to
2456.
p.
were
but
high
as
Thompson
of
succeed
Mr.
,.
this
the
of
road
late
Thompson
Missouri
St.
by
John
the
is
Pacific-RR.
250
were
and
the
Kurn;—V.
158, p.
of
former
The
'yr.
for
A.
Mr.
Court
'
Lonsdale
93. ' '.y
and
'
-
July
goes
v;
8
$610,808'
$427,603
be
.
co-trustee
James
$258,808
$75,603
made
period End. May 31—
.
Operating
$0.28
$0.25
,1943—Month—1942
revenues'
-
^
:
Earnings, 8 Months Ended March 31
1942
of
$19,469
per
$87,817
$0,01
$0.05
sh.
common
$4,057,366
the
3
months
income
taxes
ended
March
31,
amounted to $52,266 in
supplies
(less
reserves
Balance Sheet,
1,682,503
$201,525
24,865
Depreciation
Federal
Other
oper.
Other
$0.11
and
$0.05
Columbian
income
■
y
estimated Columbian
1943
Dec.
and
.
in¬
665,714
charges
25,525
$65,998
loss
net
'
$32,234
and
other
assets,
June
—V.
'■
157,
stock
common
2257.
p.
upon
four
"•
$2,125,086
$9,363,747
157,
F.
Bickford,
receiver
the
This
of
of
nine
dividend
their
cents
will
certificates
Mass.—V.
141,
p.
has
company,
to pay
a
been
The
.on
of
directors
Net
Net
June
the common stock,
37 Vz cents per share
10
declared
$4,
par
and
dividend
a
the
of
regular
cents
offering
share
per
quarterly
dividend
Indiana
to
the
has,
a
large
western
end
refinery,,
of
Lake
the
line
runs
220.
.and
the
.necessary
pipe
is
on
4,774,734
Power
p.
157,
^
The
the
stockholders
common
shares
-at
and
$10Q
on
Co.—Stock
been
expense
Net
Split-Up—
July 14 approved a five-for-one split-up of both
shares, under which holders of 100 000
stock
(incl.
682 shares
in
company's
.treasury), will receive five shares of $20 par value for each
share held
and
holders of 28,647 shares of
$6 preferred stock will receive five
'$1.20-preferred shares for each share held.
The
accrued
new
preferred
common
stock
will
dividends, and will be
be
callable
at
$22.40
sfiare
a
entitled to the call price in
a
issued
now
be1 changed
to
one-
same
pro¬
,
stock
assets
and
stock.
stock
affected—V.
have
the
earnings of the
common
new
will
will
157,
Since
be
of
the
corporation
the
same
shares,
that
as.
the
as
of
amount
rep¬
corporation's
1950.
p.
kwh,.
as
last
year,
compared
with
increase
an
151,359,000
of
kwh.
17.8%.—V.
for
the
p.
19-7.
158,
of
of
revenues
1,001,112
has
offered
recently
was
been
present
over-subscribed.
issue)
consists
of
to
was
reimburse
additional
one
the
processing
of
this
purchase
additional
St.
and
distributing silica
Company's properties com¬
quartz.*
ground
With
the
largest producers of silica flour.
in mining,
acres
for
company
grinding mill.
of
one
the
Peter
sandstone
Income
Years
Statement,
Ended
lands
quarry
31
December
1.500
9,000
6,800,422
revenues—
$909,710
$687,712
$4,253,790
$3,525,768
559,246
348,039
2,507,620
Net
7,000
7,649,630
$629,985
347,070
339,711
60,759
53,744
1,889,068
37,989
42,325
$225,037
$194,205
11,941
' income
for
Fed.
157,
$202,864
1,929
■
—
income
credit
8,059
$236,978
»—
and
profits taxes
excess
171,650
—i.———
99,011
13,954
profit.
—V.
1941
$670,856
profit
deductions
Frov.
$2,137,502 $11,912,420 $10,333,190
1,448,290
Including sales of purchased sand—_—k;———
income
Fost-war
1943—5 Mos.—1942
3.000
to
Capi¬
140,000
"~
financing
Operating
Other
1,562.812
rev.
shares
and
general and administrative expenses—,.
Depreciation and depletion —
$116,869
—
oper.
expenses
share,
Selling,
681,341
1,397,503
Co.—Earnings—
1943—Month—1942"
$2,475,522
—
additional
a
(including
sales
Total
; :
11,000
celebrated
sales,
Cost
$3,196,825
982,015
_______
$57,746
taxes
——
income
V-- $350,464
$339,673
238,096
-
235,155
—
2457.
p.
$77,353
—
$103,852
479.
p.
Sterehi Bros. Stores Inc.—Sales Gain 13.53%—
Period Ended June 30—
$1,746,170
1,175,542
$1,636,700
$415,851
Furniture sales increased
1,125,440
increased
earnings
p. 197.
sales,
decreased
157,
p.
—Jan. 1 to July 7—
1943
1942
1942
6,233,643
—
—
1.40%
and
—Week End. July 7-
$
$
5,126,927
125,979,439
issue
Net
Operating
of
$746,363
shares
3,000
3,009
98,205
103,110
493,088
488,356
49,417
25,222
206,345
21
$24,514
$16,796
$140,433
$128,731
Net
.10,047
2,164
70,805
58,407
income-.
—V.
157, p'. 2258.
and
voluntary
'
The
further
a
step
comply with section 11 (b> of the Public
Utility
Holding
Company Act,
company
July
10 proposed;
to the
•the SEC. to divest itself of its
subsidiary, Arkansas Western Gas Co.,
by distribution of the -stock, of the latter, after reclassification, as a
A
tq
merger
year
was
its
Commission's
Southern
lative
shares
Arkansas
mon
stockholders
of
owns
stock
the
June
30,
1942,
1942.—
with the SEC regarding the proposal
shares of additional capital stock
will
shares
and
shall
the
stockholder
Holders
mailing
of
offered
be
warrants
the
to
or
shares
will
within
expiration
void.
of
entitled
is
warrants
thereof
upon
become
the
fractional
allowed
which
of
V°
but
be
stockholders
rights will be
or
fractions
to
said
period
a
exercise
period
their
of
time
The
remain
by
of
all such shares shall
Lighting
to
subscribe
for
671/12,517ths
at
proceeds
for
be
by
the
offered
has
per
sale
share
ordered
stockholders
for
approved
and
Utilities
$31.25
and
at
that
entitled
public
If
to
the
the
any
take
auction.
'
owning approximately 97.5%
of
Suburban will be entitled to receive
Properties
outstanding capital stock
representing
Public
Suburban
the
unsubscribed
Boston
of
Department
shares
application
warrants
of
24,493
shares
to subscribe to, such
stock and to
which, together
subscribe to a
full
shares
and
fractional
warrants
and proposes to exercise its rights
acquire sufficient fractional warrants
share.
with
full
the fractional warrants received will entitle it to
North Boston Lighting Properties further
to. purchase- and acquire from Suburban at $31.25 per share
shares, not subscribed for by other stockholders.—V. 158, p. 197,
proposes
all
the 2,$00
outstanding shares of 6%
all
cumu¬
-
Superior Water, Light & Power Co.—Fee Reduced—
(par
common
Western
in
Electric
June,
order.
Union
preferred
by
$50)
and 10,196 shares of outstanding
(no par), of Arkansas Western.
reclassify all its 3,000. shares of preferred
12,500 shares of common authorized into 106,000 shares of com¬
(par $5) and issue the new common to its preferred and common
11,270
and
recapitalization
plan filed by Southern Union last
the Commission last September with certain
divestment of Arkansas Western is In compliance with
conditions, and
the
stockholders.
common
and
approved
each
issued.
after the
of
North
to
ended
of
25,120
The
indicating
Massachusetts
issuance
them,
Southern Union Gas Co.—Offers Revised Plan—
As
months
1942, and
1942.
proceeds from the sale are to
he used
by Suburban to pay its indebtedness of $785,000 to North
Boston Lighting Properties evidenced by promissory notes due July 36,
1943, and bearing interest at the rate of 3% per annum.
proposed
1
cash
which
be
warrants
shares
*
to
will
days
subscription rights
126,276
income__"__
application
for
at $31.25.
stockholders
shares
of
$255,007
taxes——
oper.
six
and
1943—5 Mos.—1942
-
Net
the
$2,744,992
June,
30,
month
number
$842,866
$346,778
sell
each)
to
600
$42,018
the
under
of
June
issued
$145,728
$73,931
under
ended
proportionately to their then holdings
600
revs—k•
oper.
78.01%
month
i
and
$25
$172,736
—_
73.04%
the
over
months
six
decreased
Company has filed
to
1943—Month—1942
2458.
the
over
1943—6 Mis.—1942
$2,393,726
$366,307
30.86%
Suburban Gas & Electric Co.—To Issue Stock—
$
168,890,952
1943—Month—1942
Sales
'
—
obtained
preferred
par
are
to
at
in an important industrial field.
The company's current production and
shipments amount to approxi¬
300,000 tons per annum.
,
r ;
Period End. May 31—
Erie.
Iron
there
would
shares
remain
to
mately
1942
1,405,004
Operating revenuesUncollectible.oper. rev._
Operating expenses
the
&
stock
which
amendment
stock
shares
unit
•
158,
dividend
Steel
proposed
common
common
larger, number
silica flour, or
approximately 200
(par
across
2353.
SIoss-Sheffield
the
The
of
preferred
common
present
present
be
stock.
1942
$3,250,903
End. May 31—
oper.
Gross
.
;
below
Capitalization—
Co., Ltd.- -Earnings1943
maintenance
income
—V.
Michigan,
miles
ground or in transit.
Sinclair recently completed and
opeped for operation a products.,line
extending from its Marcus Hook, Pa.,refinery to. Steubenville on the
Ohio River, with a branch
line to Baltimore and
Washington,,. D.- C.
.'Extension of the line from Toledo, to
Steubenville, and construction
of lateral lines
are
under
consideration,
but such extensions will
necessarily depend en obtaining materials,
equipment and priorities.
Y.
157,.
in
and
the
said
The cost of the
line, with. seven pump stations, will approximate
$4,500,000, the announcement said.
Completion of the line is scheduled
Vfoc October: Practically all of the right of
has
weeks
Ottawa,, 111., district. The product is washed, dried,
screened, ground, analyzed, and packed in/a well-balanced, efficient
plant.
Company's
operations
comprise
an
integrated,
independent
-«
way
four
5.93%
same
1943,
(par $1).
new
prise
Southwestern Associated Telephone Co.—Earnings—
30,000; barrels dally of gasoline and
light heating oils.
From the East Chicago refining center at the base of Lake
Sinclair
5,224,997
928,314
"...
corporation on July 14 announced that the
Sinclair Refining
has begun construction of a new
products pipe line from Chicago
Toledo^ Ohio, which-will increase ,eastbound
shipments,by more
where
the
new
Corporation is engaged
7,841,230
$6,288,905
1943
than
,
11,189,188
$6,905,493
Canada
Period—
The
Co,
;to
the
26,
2053.
p:
Reduce
number
shares
by the
installation cf
sand
Southern Ry.- -Earnings—
Sinclair Oil Corp.—New Pipe Line—
;
the
appliance
on the 6%
cumulative preferred stock,
par $25,
■both payable Oct. 1 to holders of record
Sept. 10.
Similar distributions
were
made. oa. July t, -this year. < On
April I,. 1943,^ a payment of
15 cents per share was made on
the common stock.
For record of
dividends paid on. the .common stock
in 1942, see V. 157,p. 1950.-
r
Of
mill, the company becomes
Dividend—
10
;
178,298,000
The
^
197.
oper.
Net
receiver, 53 State St., Boston,
on
1,616,851
$1,249,760
—A
p.
Operating
.
Corp.—10-Cent
for
June
Standard Silica Corp., Chicago—Stock Oversubscribed
An
by the shareholders
767.
Acceptance
10.46%—
157,
authorized
3J.02.027.
stockholders only, at $5
talization outstanding
in
$1,351,228
1,036,657
and
Operating
—V.
Securities
ending
common
of
the
the
will not
totaled
26,498,414
806,138
Period
first and final liquidating
paid upon the surrender
to'the office of the
Salle
authorized
share.
per
be
of
of
by
of
or
corresponding week
$14,130,135
Southern New England Telephone
;
Corp.—Liquidating Dividend
of
by the Court which appointed him,
dividend
31,025,690
$18,094,681
2,236,574
2354.
Uncollectible
Seaboard Utilities Shares
Arthur
La
Standard Gas & Electric
Co.—Weekly Output-—
'
p.
Operating
^
5,530,774
taxes
Operating
$8,794,475
South
Electric output of the
public utility operating companies in the
Standard Gas & Electric Co. system for the week
ended July 10, 1943,
136,361
$2,866,611
$109,135
•%■■■
203
stockholders
12,648,108
represented
surplus
Co.—Earnings—
142,634
Taxes.
1943—6 MOS.—1942-
$1,749,186
Co.,
retail stores for the four weeks
those
1942.—V.
the
present.
interest
shares
Other
.1.943—Month—1942
——,
weeks
of
Trust
Up
its
in
above
authorized
number
share
resented
,
6,540,624
income
Surplus
158,
of
shares
at
as
that
capital
■
157, p. 2353.
30
number
outstanding
Each
..
$3,587,802
w—
operating income
-V.
Period End. June 30—
—V.
the
the
the
portionate
$49,263,005 $40,764,910
27,764
Gross -.earnings
Gain 21.49%—"
$7,328,576
5,674,903
proposal
a
reduce
.
fourth
1943-—5 Mos.—1942'
$8,425,149
26,443
Int., divs., deprec
$174,482
sales
10.46%
period
meeting
Condensed
60,000
&
Corp.—Sales
reports
1943,
for
and
350,000,
and
and
-v 1943—Months—1942
rev."
revenues-L:
Southern
149,115
60,000
;
surplus.^
-■
Schiff Co.—Sales
Sales
and
Net
—V.
$318,250
149,115
requirements.———:..—
for
375,948
$383,596
26,
20,000,000
would
$3*9,784;
:'y.
12 Mos. Ended May 31—
$19,691
City National Bank
111.—V. 151, p. 1912.
special
$694,198
383,380
31,338
■
;-
Debenture dividend requirements—
Preferred dividend
Balance
4,913
$766,976
$51,029 '
;
33,094
Balance
-
expenses -
oper;
Operating
$699,111
1,899
$65,328
amortization
oper.
"'.309,775
16,632
$52,928'
670
Balance
&
312,520
$783,609
Net
Net
'
•
-
6,580,825
the
at
5,000,000,
31, 1942
7-;j/-Jy'■
re venues$10,154,869
Operating
308,953
26,408
$8,251,220
1,142,013
companies,
Uncollectible
'••385,846
$1,471,759
1,306,965
corporation
act
and
$37,080 in 1942.
y-.-jy.'
198,853
399,126
14,754'
revenues.,,'
income,
Interest
213,894
32,775
62,002
taxes
Net
taxes—
13,845
34,083
j.
income
$1,628,278
has been called for Sept. 9
unanimously recommended by the board of
directors to amend the company's certificate of
incorporation to reduce
the number of shares of common
stock, James S. Adams, President,
announced on July 12.
The
corporation now has authority to issue 20,350.000 shares of
stock, without par, consisting of 350,000 shares of
preferred stock
$95,870
Liabilities—Accrued taxes, (including surcharge on Columbian income
taxes, $40,917, refunded in 1943 in Colombian economic defense
bonds),
$288,835; wages held for employees, etc., $34,681; accounts payable,
$48,983; - reserves for contingencies,
including
statutory reserves of
Operating
1,314,506
income
1943—5 Mos.—1942
2457.
Standard Brands, Inc.—To
to
of
deferred
Period End. May 31—
$3,217,043
128,178
Maintenance
the
$3,414,016 $22,073,128 $16,709,098
1,942,257
13,821,908
9,380,522
2,653,548
!
corresponding
A
1940
rtaxes totaled $17,743 in 1943 and $21,828 in 1942/. and estimated
/
1943—12 Mos.—1942
•
$282,659
7,081,562
,——
p,
1942;
the
'
1941
Southern Bell Telephone & Telegraph
$369,194
;
at
special remittance of funds to United States.
■
167,492
-
Operation
pale
1560.
p.
$9,815,355 $55,87'<,253 $47,499,953
35,479
157,455
LTO 268
6,365,860
33,646,673
30,6121587
$4,287,826
Chicago,
The
$88,642
$0.35
$0.14*
•:/y
:
1943—Month—1942
31,440
Spencer Shoe
352,000
$520,303; reserve for foreign exchange fluc¬
tuations, $33,826; minority interest in capital stock and surplus of
subsidiaries, $776,507; capital stock ($1 par), $1,810,000; consolidated
capital surplus, $7,352; :consolidated earned surplus, $3,042,883;
total,
$6,563,370.—V. 157, p. 1092.
St.
at
Savannah Electric & Power Co.—Earnings—
;
be
stock.
$11,400,828
—
operating
shares
:
•»!
will
157,
common
new
company has called for redemption as of Sept. 1, 1943, all of
outstanding 1st mtge. 6% gold bonds, due Sept. 1, 1948, at 101
int., and as of Dec. 1, 1943, all of the outstanding 1st
mtge. 6%
gold bonds, series B, due Dec. 1, 1949, at 102 and Int.
Payment will
$440,642
352.000
352,000
*$94,390
sh.
common
Columbian
of -the
Appeals
' "'V'
cash
such
and
.
to
.
trustee
of
Western
hearing lor July 23.—V.
revenues—
taxes
157,
ending
.$3,077,258), $1,750,683;
total, $6,563,370.
y';
appointed
on
..
Thompson,
the
par
"J
now
approval.
Guy
judge of
counsel for
appointment
its
in
$800
Louis, Mo.; an attorneyyrWas
Judge George H. Moore
Lonsdale.
of
Southwestern. States Telephone Co.—Bonds Called—
$9,285),,$432,494; sundry advances (net
after reserve of $14,964), $28,324;
mining property, rights, claims, etc.
(less depletion and amortization), $1,024,248;
dredges, hydro-electric
plant, buildings, equipment, etc (less depreciation and amortization of
,at prices
company,
of
yy;
.
Federal
G,
brother
A
Louis,1 he had been the
•M.
The
to
up
basis
The
Assets—Cash, $2,130,415; U. S. Treasury certificates and notes, $506,tax surcharge refunded in 1943 in Columbian economic defense
$40,917; investments (per value 200,000 pesos), $113,519; other
securities, $19,858; accounts and note receivable (net after reserve of
$5,079), $28,817; inventory of bullion, $168,024; inventory of materials
Bonds—
accepted,
102.
as
to
purchase
i'O"- *?;
:
the Interstate Commerce Commission
;
not
to
proposes
the
on
the
bonds,
Louis-San Francisco Ry.—New Co-Trustee—
Frank
::
137,
made,
of
—
expenses
income
St.,
352,000
,V,"V:''''Consolidated
authorized
tenders
it
wnicn
stockholders
$1,149,862
41,547
_
$257,610
Note—For
range
of 98.
as
shares
each ten shares of Southern
issuing certificates for fractional
rev,
oper.
oper.
Operating
■
33,497
179,438
profit
U. S.
Co.—To Buy
Western
common
lieu
for
a
May 31—
revenues
Operating
$976,050
"After depreciation, depletion, United States
taxes, minority interests, etc.
,y-y ;
the acceptance of tenders of
company's $800 par first and refunding 5% bonds of 1959.
of the accepted tenders was from a low of 97 Vz to
the
price
high
Service
Arkansas
$5 per share
Commission set
Uncollectible
288;
Public
distinction
receiving 97,187
Southwestern Bell Telephone
Co.—Earnings-
Subs.)—
1,088,240
-f
-
Earns,
200,000/
v.
.
Louis
its
In
4
1,493,761
bondholders'
St.
v
without
Union
Arkansas
or
to
stock.
new
of
The
outstanding,
Southern
Arkansas Western stock for
common
Operating
1943
first
15,
1,
cents
:
In
stocs
dividend
a
now
common.
result
common
as
of
and
will
'
"Net
450,000
-
Platinum
&
41,723
'tOn
!
.
'"
/."•
■;
May
1, 25
'
protective agreement, as amended, for the deposit
mortgage gold bonds due Feb. 1, 1941, terminated on July
1943.—V. 139, p. 611.
7
of
and
1,485,525
amortization
per
■'Loss.
pur-
come
J
"*■
1
May
etc.
Surplus
y
of Agreement—
and
1939
profit
Earns,
St, Paul & Kansas City Short Line RR.—Termination,
/
Feb.
on
Feb., 2
new
share of
shares
$2,231,236
and
y-yy>,,
■
made
were
the
Union
July
record
1940
Dividends
700,000
-
holders of
the
on
$2,215,382
interest
_v_
tColumbian y" exchange
,
^
p.
agreed
C:_—_—
Eastman, Dillon & Co
Granbery,- Marache & Lofd———I
2 to
share
per
1941
Minority
$1,394,000
; BlyLh
—V.' 158,
underwriters
has
cents
common
preferred
exchange
distribute
one
75
$2,952,677
income
Deprec. &
Depletion
Ruppert
'-.-J-''-.j-J.
First Boston Corp.^.
& Co,. Inc.-
-
The
$2,419,843
-
,
Company'i3 engaged in the business of brewing and selling fermented
liquors. Ijts principal product is lager beer sold under the name
"Ruppert", -The bulk ot' the business is done directly by the company,
the balance through
subsidiary corporations.
,
between
and
of
sale
Expenses
Inc. taxes, exchange ad¬
justments, etc.
malt-
Principal Underwriters—The
Income
income
Total
Company and Business—Jacob Ruppert (a corporation) was incor¬
porated in New. York Nov. 16, 1910. The. business was founded as an
individual enterprise in 1867 by Jacob Ruppert and was so conducted
by him until incorporation in 1910 when he became President,
The
the
will
preferred
—V.
surplus account.
management
of
follows:
■is42
from
Oper. profits
initially to be outstanding
rAr
I' •
k:
charges and. credits made directly to the
substantial
each
as
Gold
$232,276
requirements on the debentures
$149,800 on an annual basis. V/
be
'■Before certain
earned
of
stock
preferred
$20
period End.
,_,4—
metals sold,
$365,832
$820,573
taxes
income
,y?
185,823
.
$1,111,485
290,912
$1,319,328
dividend
a
cents
American
';•
$751,330
Other
>Net'
295
to
Annual Report-
63,203
Cost
income
Prov.
the
on
entitled
6,932,562
-
$1,481,236
176,813
10,907
debentures-
on
$1,786,790
41,953
______
deductions
Net
be
2052.
p.
payable Aug.
1942
Consolidated
'=
Dividends
157,
will
1, $1; and Oct. 31, $1.75.—V. 157, p. 350.
South
Profit
value,
par
no
Payments in.
.
each;
1
stock,
Distributions
last,
5,238,209
■
1,640,041
directors have declared
common
1940
.
5,696,149
6,118,327
gen-
& bad debts
exp.
1942
1,343,384
admin.
Other
dividends.
it
Smith Agricultural Chemical Co.—75-Cent Dividend—
The
:—
$3,203,500 $15,570,743 $14,286,080 $12,858,893
,
sales,
Selling,
:
accrued
dissolution
be cumulative from July 1.—V.
Periods
Stated
;—-Calendar Years
Mar. 3 b '43
eral
and
involuntary
an
of
3 Mos. End.
Cost
share
a
In
CHRONICLE
reissued.
Summary
Net
dissolution.
& FINANCIAL
ratio
will
of
•
7.6545
new
shares
for
each
of
the
shares
The
of
a
Securities and. Exchange
reduced
nection
with
the
White,
issue
Commission has approved the payment
Weld & Co. for services performed in con¬
and
sale
by
the
company
of
$2,500,000
first
bonds, 3%% series, due 1973,. and $1,000,000 of 4% sinking
debentures, due 1958.
The Commission in its order of April 3,
mortgage
fund
fee to
.
;,y,
statement
$17,500
to
necessary, the net proceeds
cumulative preferred stock,
of common stock, to the redemption of
the 20,176 shares of preferred stock outstanding as of April 30, 1943.
The issuance and sale by the company of 50,000 shares of common
stock now offered will increase the number of shares outstanding by
that amount.
.7 .
.. :•
a dividend of $2 per share on the
and a dividend of $1.75 per share
stock to holders of record June 25,
both on account of accumulations.
Distributions of like amount were
made on Dec. 1, last year, and- in each quarter during 1941.
Arrear¬
ages now amount to $8 on the 8%
preferred and to $7 on the 7%
preferred stock.—V. 157, p. 261.
;
The
June 30 paid
on
company
cumulative preferred stock
7% cumulative preferred
8%
the
on
Producing Co.—10-Cent
Texas Gulf
■
!
dividend of
A
stock,
1942.—V.
been'declared on the common
payable Aug. 28 to holders of record Aug. 16.
last, and on Feb. 21 and Aug. 28,
646.
;
: ; "
157,
p.
Merrill
Co.—Extra Common
Dividend—
^
on July 6 declared an extra dividend of 5
usual quarterly dividend of 12 % cents per
stock, par $2, payable Aug. 16 to holders
the
and
common
appointed transfer
the
City
of
—
th
Cash
or
April
Sheet,
Balance
increased only 10%
Plant,-
'
Mortgages
stock
\j
insurance
hire
•
United
States Plywood
Public offering of
(par
surplus
Paid-in
$20)
7.
.
/
..
■,
.
■.
7
Easiness—Corporation was organized in New York on
May 6, 1937, by tne consolidation of United States Plywood Co., Inc.,
(New York),. United States Plywood Co. of Delaware, and Aircraft
Plywood Corp. (Wash.);
1
Company' is engaged in the manufacture and sale of Douglas fir
plywood, hardwood plywood and molded plywood, under its trade-name
"Weldwood", and of fabricated airplane parts and other laminated
and related products, and is also engaged in the purchase and »sale
of hardwood plywood, Douglas-fir and-other plywood,
related sheet
debentures
due
July
1,
1945
Cumulative participating
Class
and
;
■
;
■
manufacturing plant in Seattle, Wash., at which,
during the year ended April 30,
1943, approximately 80%
of its
requirements of Douglas fir plywood was manufactured.
Company
.also operates a leased plant at New Rochelle, N. Y., at which various
molded
plywood articles are manufactured.
Its wholly-owned sub¬
sidiaries, Algoma Plywood and Veneer Co. and Hamilton Veneer Co.*
own
manufacturing plants at Algoma, Wis., and Orangeburg, 3. C.,
laminated
Company
68,081
a
principally
manufacture
the
in
"Randalite"
of
the
-•
'
plywood and hardwood plywood
stock
of
chemical
the
company,
the
be
Bickford,
F.
Arthur
of
dividend
Net
profit from
income
Other
Income
Net
2,606,574
3,004
25,314
5,188
125,076
7
659,683
23,956
7
14,671
—V.
Period End. May
2,591,017
2,460,329
1,776.610
1,367,500
992,829
inc. taxes
income
'
;
7
-
814,407
1,235,774
454,000
781,774
544,168
Note—The figures shown are given on a consolidated basis for the
and its subsidiaries since Nov. 1, 1940, prior to which time
company had no subsidiaries.
Earnings of the company and its subsidiaries for the fiscal year
ended April 30,
1943 include earnings from transactions subject to
the provisions of the War Profits Control Act of 1942, providing for
the recapture of
any profits found to be excessive as a result
of
renegotiation.
Renegotiation proceedings are pending but have not
progressed to a point where a reasonably accurate determination can
be made of the effect, if any, that such renegotiation may have upon
the financial statements of the company and its subsidiaries.
—V.
'
1943—12 Mos.—1942
,
846,423
11,246,632
9,650,868
193,198
2,312,837
2,096,498
♦Authorized
$1.50 cumul. ($20 par)
2,773,010
6,846,981
197,403
2,536,998
70.000 shs.
oper.
of
$470,756
$466,428
$6,120,496
the
20,176 shs.
1,939,000
sales
1943—6 Mos.—1942
;
$4,569,000 $21,302,000 $28,969,000
7;
Electric Co., Inc.—New
R.
Assistant
Frame,
succeed
to
Harry
years of service
identified with Western
after 41
B.
with
Secretary—
been elected Secretary
Gilmore, who will retire 'on
Secretary,
has
the organization.
(net)___
19,570
J9r27,556
Drl69,896
Dr62,625
has
been
in April this
Secretary
Electric
year.—V.
20
&
—V.
$438,872
$5,950,600
Woodward Iron Co.—Earnings1943
1942
profit after charges and provision for Fed.
and excess profits taxes—_•
Net
$552,098
$330,784
151,058
1,860,606
1,816,850
7—
$1.64
$331,088
$287,814
requirements————_
$4,089,994
$3,705,713
1,171,602
1,171,602
stock and surplus_—___
$2,918,392
$2,534,111
•
^
for common
♦Earnings
"
company
Ltd.—Annual Report-
Net
$2,930,34,0
stock of General Motors Corp.
55,474
$2,985,813
492,685
549,243
85,055
6,693
38,712
738,174
92,016
6,760
38,695
1,535,698
'
Coach
oa^property
Directors'
1
and plant—
Jfox
interest
fees
I
—u-
Government
taxes—,
:
fees
Legal
Net
profit
Dividends
Earnings
transferred
to surplus
$320,208
279,612
$4.58
account
paid
per
The
share—
called
Assets—Cash
on
nand
and
Sheet,
in
May
bank,
1,
1943
$156,105;
Dominion of Canada
provincial bonds, $1,821,844; accounts and bills receivable (less
$595,200; inventories, $941,892; funds deposited with trustee
bondholders, $14,000; property, $3,839,894; investments, $263,383;
for
unexpired
of excesfe
insurance, prepaid taxes, etc., $59,672;
profits tax, $67,664; total, $7,759,654.
and
accrued wages, $77,121;
provision for Government an4 municipal
^7
this
that
a
The
par
tax free transaction so far
as
and General Motors Corp.
Yellow
are
Truck
i
7
!
extend to any tax liability of the individual
Truck, other than General Motors Corp
who
of Yellow Truck for shares of General
H
shares
acquisition
further
is
consummated.
added
that
this
ruling
will
be
con¬
on
I*
special
Stock Acquisition—
July 14 announced that its board of directors had
meeting of stockholders for Sept. 8, 1943, to vote
on
Young Spring & Wire
directors
Corp.—Resumes Div.
have declared a dividend of $1
per
share
on
the
no
value common stock, payable Aug.; 15 to holders of record Juiv 15
distribution was made on April 25, 1941; n<5ne since—V 157*
2460.
7
cH
concerned
A similar
p.
J;
ruling has been received
to the effect that this acquisition
the
(L. A.)
refundable portion
Liabilities—Accounts and bills payable, $410,845; operating expenses
Ruling—
the board of directors of Yellow Truck at an early meeting.
company
a
J
,
proposed acquisition of its property and assets by General
Motors Corp. in exchange for common stock of General Motors Corn
Preferred, class B and common stockholders of record at the close
of
business July 24,
1943, will be entitled to vote at the meeting
It
is
expected that proxy material will go forward to stockholder*
during the week of July 26, 1943.—V. 157, p, 1856,
upon
$749,988
209,709
$10.73
their
case
To Vote
The
•
Balance
in
not
Yellow
of
announcement
sidered by
13,412
—
does
ruling
exchange
may
a
as
Manufacturing Co.
stockholders
Motors
Total
Depreciation
regarded
be
This
65,876
25,618
—___
.1
sold
investments
&
$1,681,523
investments
from
May 2,'42
$1,590,034
profit for the year__——
on
would
May 1,'43
'77
& Coach Mfg. Co.—Tax
the Bureau of Internal Revenue
from
$0.98
;
July 8 announced in connection with the proposed
assets by, General Motors Corp. in exchange for
on
its
of
acquisition
Wabasso Cotton Co.
share
336,223 shares of capital stock.r-rV. 157, p. 1096.
Yellow Truck
The
157, p. 2260.
Years Ended—
common
per
♦On the
common
;
Frame
elected
2460.
p.
6 Months Ended June 30—
$5,522,563
159,237
amortization
dividend
Preferred
$490,326
______——
Balance'
Mr.
was
He
years.
157,
income
Balance
12,735,000
9,594,000
1,780,000
$4,322,000
„
___
company
1
Assistant
$5,585,188
income
Interest
w/
$2,789,000 $11,708,000 $16,234,000
$2,383,000
sales
158, p. 199.
Sept.
reserves),
fOutstanding
New York, N. Y., for a
6% bonds dated June 2,
1943—Month—1942
sales
Norman
2,231,757
revenues-
Net
and
350,000 shs.
249,932 shs.
♦Pursuant to authorization given at meeting of preferred and com¬
mon
stockholders, held July 9, 1943, the authorized capital stock was
changed and divided into 20,176 shares of the above-mentioned prepar)—
St.,
serial
2,599,696
4,138,900
225,321
452,800
salaries
($1
£1,222,116
234,983
for
stock
'
217,331
—
Provision
1943
Broad
mtge.
Supply Co.—Sales Decrease 5.4%-
Period End. June 30Retail
$2,381^573 $31,836,956 $26,302,908
216,977
taxes
Executive
Capitalization as of April 39,
30
1st
V
Co.—Earnings— 7
$2,733,418
1,053,982
taxes__
income
Other
Bond
.
of
135, p. 3871.
Western Auto
539,390
Depreciation
Other
holders
Co.7of
Trust
&
rate of $7.60 per $1,000 bond
Combined
£1,256,668
668,968
124,800
to
f
,
Bank
Continental
7
1941
■
1943—Month—1942"
31—
—7
the
Common
1935.—V.
-
1942
—,—
& Power
__—_____
company
Preferred stock,
r77 7
>
and taxes
revenues
Maintenance
Federal
trustee,
successor
at the
Western
Operating
Operation
Bondholders—
the
at
3248.
p.
Virginia Electric
Profit
Federal in-
for
for Fed.
148,
Revenue
pro¬
taxes
Net
2,362,513
9,755
oper
31—'
Dec.
Ended
Year
Profit after charges
Co.,
Telephone
upon
Oil Concessions, Ltd.- -Earnings—
Venezuelan
Okanagan
with the Dec. 1, 1932, and
subsequent coupons attached, such distribution representing the pro
rata share of neb refunds of real estate taxes for the years 1934 and
Corp.—-First and Final
'
* ;
''
77
available
now
are
York,
1924,
$6,587,015
5,927,331
Funds
New
r v-
■
<
.
West End Avenue & 104th Street Apartment Building,
N. Y. City—Distribution to
Wholesale
1940
-
-
7,878,715
1,341,471
20,369
__——
before
vision
Prov.
1941
1942
$9,219,196
deductions
income
come
'
1
16,462,794.11,296,666
amounting
the surrender by the shareholders
of their certificates to the office of the receiver, 53 State St., Boston,
Mass.—V.-141, p. 1952.
7: 7: •
will be paid
depreciation,
after
proceeds
4%%
1960 debentures of the
to $204,500.—V. 149, p. 592.
remaining
stock¬
of the .company, has been authorized
him, to pay a first and final liquidating
cents per share.
17
dividend
The
:
times
2.1
of this issue will be used specifically for
two purposes: (1)
To retire the 5% bank loan created for new con¬
struction purposes last year and to finance remaining expenditures in
connection therewith;
(2) to redeem on July 1, 1943, at 102, all the
receiver
by the Court which appointed
sheet as of June 30, 1942, showed
and its two subsidiaries, including
corporation
$100,523.
and
Purpose—The
d'strlbution
Utilities Hydro & Rails Shares
the
Coverage—Earnings for the 12 calendar months ending
show interest charges on the first mortgage bonds,
those now being issued,
to be covered 2.8 times before
depreciation
to exchange their present cer¬
company.-—V. 158, p. 95.
Liauidating Dividend—
v,
1943,
28,
including
above.
Industrial Alcohol'Co.,
S.
U.
See
•
without
serves
consolidated balance
of
liabilities of
Interest
Chemicals, Inc.—Merger—
U. S. Industrial
it
,
corporation and its two subsidiaries is in the neigh¬
55,000.
assets
Feb.-
certificates of the chemical
new
'
asked
will be
Stockholders
tificates for
Balance
$19,069,370 $13,659,179
sales
Cost of sales & expenses
each
where
>,
by the
Assets—The
rent
proportionate share of the capitalization of the business will
same after as before the merger which became effective as of
July- 16.
Year Ended April 30
1943
Net
that
.
electric, diesel and telephone plants, distribution systems, water
services, land, buildings, equipment, franchises, water rights and other
intangibles, of $3,640,413 after giving effect to a depreciation reserve
of $927,580.
It also showed current assets of $255,981, as against cur¬
holder's
requirements in the open market and
'
.
'
•
, *r!
Earnings for Fiscal
13
hydro
surviving and con¬
so
north Okanagan Valley,
communities.,
*7
"
the
fixed
f.r
of
.
corporation,
The
7
corporation; its principal asset is the stock of the chemical company.
Capitalization of the alcohol company consists only of common stock.
After the merger becomes effective, the chemical company will have
a like number of authorized and issued shares of common stock.
Each
share of common stock of the alcohol company will be converted into
other producers.
contract from
by
r
operating company which holds title to substantially all the operating
plants and properties and most of the activities of this business are
conducted by it.
U. S. Industrial Alcohol Co. is a West Virginia
share
and
in addition to its hydro electric operations, has
two subsidiaries, the Okanagan Telephone Co. and Pacific Power and
Water
Co.
Ltd.
The
total
population
served
throughout British
Originally the company was engaged 100% in the alcohol business,
but today other chemicals represent a major portion of the business,
y;
U.
S.
Industrial Chemicals,
Inc., a Delaware corporation, is an
one
1930
corporation operates under the jurisdiction of the British Colum¬
U.
Commission and supplies hydro electric! power and light
P.
competition
and
the chemical company to be the
was
in
assets
then
its
name
throughout
7.
$8,552,772
Co.—Merger Approved—
Columbia
British
„
bia
July 15 approved an agreement of merger be¬
U. S. Industrial Chemicals, Inc., a wholly-
on
company
tinuing corporation.
"Tekwood",
and
of
same
Columbia
owned subsidiary,
respectively,
where
a
substantial portion of the company's sales
•requirements of hardwood plywood is manufactured.
Tekwood, Inc.,
another subsidiary, owns a plant at Lakeport, N. H., and is engaged
..patented products, , It also manufactures some hardwood plywood.
The greater portiqn of
the production of these subsidiaries is sold
to the company.
Company purchases the balance of its softwood
the
The
•
1,125,437
2,343,817
______—
shares
common
t
organized under the laws of the
to acquire from a corporation
undertakings.
A 3,000 k.v.a.
hydro electric generating unit had at that time been placed in oper¬
ation at Shuswap Falls, about 25 miles east of Vernon, B. C;
Last
year
a second
modern generating unit of 3,500 k.v.a., more than
doubling the company's generating capacity, was completed, and an
important war contract was entered into with the West Kootenay
Power & Light Co. Ltd.
•
7
'
of
198.
p.
stockholders
The
tween
products and glue.
owns
B
850,000
200,000
53,810 shs.
100,000 shs.
preference shares (no par)_,_^
(no par)__
7 Company—Present corporation
24,500
—-—403,520
77—_7——___________
$450,000
1,000,000
—_
6%%
396,006
$909,199
77777
158,
1978
July 1, 1950„____
1966__________________
———__________
——
.
and
Completion of This Financing
on
1,
302,514
2,028,543
taxes—
profits
company
U. S. Industrial Alcohol
7
Dillon & Co. The
.
Capitalization
first mortgage bonds due
borhood *of
15,000 shares of 4%% cumulative pre¬
preferred issue was priced at $102 a share and accrued
dividends, and the common at $41.75 per share. In addi¬
tion to Eastman, Dillon & Co. the offering syndicate
includes Merrill Lynch, Pierce, Fenner & Beane, Leh¬
man
Brothers, Hemphill, Noyes & Co., Shields & Co.,
Union Securities Corp., Hornblower & Weeks* Riter &
Co, and E. H. Rollins & Sons.
Both issues have been
History
companies.
July
$8,552,772
excess
___i
Total
-V.
and
_
surplus
surplus
stock, series A (par $100) and 50,000 shares of
common stock (par $1) was made July 14 by an under¬
oversubscribed..
Co,
July
to
due
(par
Earned
ferred
'
interest
first mortgage bonds due July 1,
4%%
$17—_7_77^——__77/, 249,932
_7_____77—7__._7_77—-7---_7—•
1,097,228
stock
Capital
Corp.—New Stock Offering—
writing syndicate headed by Eastman,
*
interest to July 1,
and
Trusts
Western
-
income
subsidiary
of
.
until
Charter
and
100
debentures
certain properties—
on
stock
Preferred
—
known
and interest-to July 1,
101
1973;
5%%
_7777_—7—____7_7_777_7
Federal
Preferred
the accounts are finally audited by the
agreed to between the company and the
WSA with respect to certain ships has been partially withheld and
no
agreement as to charter hire has ever been signed with respect
to
other ships.
The income applicable to steamship operations is,
therefore, estimated on the basis of the minimum amount the com¬
pany expects to receive when these pending matters are settled.
"During the six months' period the Government policy of limiting
banana importations by quota remained unchanged.
This permitted
the shipment of only approximately one quarter of the fruit available
on the
company's plantations.—V. 157, p. 2355.
%
definitely
be
102
1963;
1,
,
Government.
1953;
1,
409,305
'
for
Provision
Co.
—
_______
liabilities
Accrued
(& Subs.)—Estimated Earnings—
July 3, '43 July 4, '42 July 5, '41 June 30, '40
♦Net earnings after all
7%
07:,7
charges before income
'
7
.
\
v ,
^
taxes
$3,786,000 +$9,941,000t$10,729,000 t$9,379,000
♦Approximate figures.
tDoes not include any income from European
or United Kingdom sources.
7
T"*VV/v-.V
(ftThe official earnings report released by the company for the 6 months
ended July 3, 1943, states in part:
"The company is operating vessels
as
agent for the War Shipping Administration and is accountable to
that agency for such operations, the compensation for which cannot
—
19381 101% and interest to July
1968; 100% and interest to July
1, 1978.
Trustee: London and
Ltd., Vancouver, B. C,
Legal investment for life
1,
2,009,447
payable
Accounts
Ended—
.
'
date on 60 days'
interest to July
3,262,364
176,527
i
_
Common
United Fruit
Redeem¬
excepted.
Territory
Yukon
Canada,
in
103
6%
______—7
7
property
Liabilities—
T
miles
158, p. 198.
6 Mos.
-
bankers
at any branch of the
1
part at option of company on any Interest
and interest to July 1, 1948; 102% and
or
at
Province
airplane
of
principal.
1,625,004
_____
.
Total
corresponding month of the previous year.
space was a factor, Mr. Crary said.
over the
utilization
to
and equipment—
assets
Other
1942, according to figures released by Harold Crary, VicePresident in charge of traffic.
•
•
v,
The increase was accomplished even though revenue airplane miles
Greater
all
>
Investment -in Kosmos Timber Co.____
June,
—V.
able
denomina¬
Interest pay¬
Coupon bonds In
1978.
1.
Canadian
in
company's
:.
due July
1943;
1,
$1,000 and $500.
Registerable as to
funds on Jan. 1 and July
of
able
$674,118
demand deposits in banks
receivable (less reserve)
accounts
and
77_—777—
Prepaid insurance," taxes, rent,'etc._—7777
during June as compared with the same month of 1942. /
United's Mainliners flew approximately 31,370,700 revenue passenger
against 23,494,289 revenue passenger
tions
1943
30,
July
Dated
,
.
hand and
on
Notes
flown
the month as
Canadian market.
the
Assets—
New
Corp.—Shows GainNew records for war-time air passenger traffic are being set during
the second quarter of this year, it was disclosed last week by United
Air Lines in announcing a gain
of 34%. in revenue passenger miles
during
1943
of preferred stock now outstanding at $27.50
balance of the net proceeds will be used to meet
of the corporation either during the present War
thereafter.
;
"
■
7:7..
Consolidated
United Air Lines Transport
in
used
be
Vancouver,
Ltd.,
Vancouver
Son
C., recently offered $450,000 4%% 1st mortgage bonds
series at 100 and interest.
Bonds were offered in
B.
■
'20,176 -shares
emergency
Agent—
will
$554,840
Proceeds—Approximately
of
Of¬
Electric Corp., Ltd.—Bonds
West Canadian Hydro
share.
The
requirements
Inventories
miles
2260.
p.
1,000
Hopwood—
•
1943—Month—1942
1943—6 Mos.—1942
$9,304,475
$7,998,903 $53,884,095 $45,696,112
fered—Pemberton ;&
3,000
3,000
4,000
'4,000
1,500
Application
York has been
agent for the prior preferred stock.—V. 158, p. 198.
of
Bank
National
Chase
450
300
per
.
Film Corp.—Transfer
Twentieth Century-Fox
The
/
Co
&
redeem
on
.
Beane
157,
notice
v
.
1,500
5,000
5,000
1,500
—_7_—77.:,, •
900
E. H." Rollins & Sons, Inc———900
Shields
& * Co
—;_
1,200
Union Securities
Corp,____—•.
i
1,200
Dean
Witter &
Co.—_—___________________
450
cents per
share on
of record
Aug. 2.
Like amounts were paid on this issue, on May 15, last, while
Feb, 15, .1943, only a quarterly of 37% cents was paid.
'
The directors also declared the regular quarterly dividend of $1.50
per
share on the preferred stock, par $100, payable Sept.
1 to
holders of -record Aug. 21.—V. 157, p. 1471. . <
\:f
'v •
the
3,000
450
1,500
1,500
Co
Jaffray &
Piper,
directors
The
share
Pierce, Fenner &
Lynch,
&
Otis
Riter
(The) Trane
900
—_—_____
Brothers
Lehman
paid on Feb. 26,
& Co.
McCormick
Kebbon,
—V.
*
■
lfe.3%—
Walgreen Co.—Sales Increase
Period End. June 30—
13,500
4,000
' 7 '
"
1
.
Common
4,050
1,200
Dillon & Co.__——___
Hemphill, Noyes & Co._—____——— '
Hornblower & Weeks——
cents per share has
10
was
Preferred
Name—
'7
■■
Sales
names
Eastman,
Dividend—
for research, plant
'•
of the several underwriters and
the',
number of shares underwritten by them respectively are as follows:
value,
par
no
amount
Like
50,000 shares
and
Underwriters—The
.
,
first mortgage bonds, $1,700,000;
improvements and contingencies, $1,000,000;
capital stock (69,903 shares of no par value), $2,000,000; refundable
portion of excess profits tax, $67,664; earned surplus, $1,866,403; total,
$7,759,654.—V. 156, p, 1063.
$175,000;
1944,
1,
Feb.
due
bonds
reserve
A,
first mortgage
$19,507; 4%
accrued,
interest
bond
$443,114;
taxes,
stock (par
350,000 shares of common stock (par
tCompany intends to apply, to the extent
from the sale of the 15,000 shares of; 4%%
Co.—Accumulated Dividends—
Tampa Gas
cumulative preferred
new
$1)
series
:
of
shares
25,000
the above-mentioned
and
$100)
$17,500.
of
fee
a
stock,
ferred
jurisdiction with respect to the payment by the company
Subsequently White, Weld & Co. submitted a
outlining in detail and proposed to reduce its fee from
$10,500. The Commission approved this.—V. 157, p. 2054.
1943, reserved
of
Monday, July 19, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
296
'
'
'J?
'
">
7
@FedFRASER