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JUL 2 7 |94f
MONDAY
>
v
—,
Offlcaj
"Reg. U. 8. Pat.
Volume
Number 4093
156
New
STATE
York, N. Y., Monday, July 27, 1942
AND
CITY
Price 60 Cents
Copy
a
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
Besides the principal sum of the
judgment, the trio of bondholders
are
due to collect $305 in costs
they expended when Judge Trim¬
In This Issue
ble ruled in favor of Yell County
last
year, plus
costs of today's
Corporation News
State and
action.
court
City News
*
-
•
.
Attorneys in the
.
case
!
met with
Trimble today to effect
Judge
a
decision.
The
judgment evidently is not
the final step in the litigation, for
QUOTATIONS
Stock
York
New
the
Exchange
Curb
New York
Exchange
retained
court
control of
ment.
ty
funds
insufficient
are
to
ex¬
pend such a .sum immediately for
delinquent bond payments.
Out-of-Town Listed Markets
CALIFORNIA
San
Luis
Obispo Co. Acquisition
Imp. Dist. No. 9 (P. O.
San Luis Obispo), Calif.
Debt Composition Plan Pending
(See Index Below)
—A
petition has been filed in the
U. S. District
sued, and the funds arising from
said assessments are pledged to
Birmingham, Ala.
the payment of the principal
interest
of
said bonds.
In
t
$315,000 capital improvement re¬
funding bonds. Due on Sept.
1, 1958.
improvement
Due $19,000
1943 to 1952
public
bonds.
190,000
(new)
from
"
Sept.
1,
incl.
$1,000.
Dated Sept, 1,
award
of
both is¬
Denom.
The
1942.
the
bonds
of
sues
will
made
be
to
single bidder who offers the
highest lawful price for the com¬
In determining the
bined issues.
highest bidder for the bonds, the
net interest cost to the city shall
the
The bidder shall specify
the rate
of interest which the
bonds are to bear, not exceeding
the legal rate of interest in the
the
bidder
shall
will
either
of
1 /10th of
or
the
two
issues
of
1%.
date
Bond
considered.
not
be ' sold
than par,
for
interest.
delivered
The
less
plus accrued interest to
of the bonds and
The
in
at
the
or
mutually
agreed
Tarrant City, Ala.
Tenders
Accepted
sought of a
for the in¬
departments, according to report.
ments
Marlowe
bonds
said
that
outstanding
the
issue
total
of
sinking fund to retire
the
that
indebtedness
since
Jan.
will
the
has
1
net
been
by
of
bonded
decreased
reduced
years
interest
costs
and
before
for
July
in
prices
of
great deal
a
Florida
the
the
Municipal
30 days.
last
dollar
have
bonds
strengthened considerably lately
but
apparently
this
has
been
largely due to dealer demand.
There
the end of the year.
Because of the steady reduction
in the bonded debt over the past
ten
change
Some
re¬
$679,012.45
further
be
figures
com¬
the
from
the
of
bond
Controller's
following
taken
There has not been
some
bonds.
also
The
—
are
monthly "Municipal
Bond Bulletin" put out by A. B.
Morrison & Co. of Miami:,
$10,982,000, but that
$491,370 of this sum was available
in the
.
(State of)
Discussion of Municipal Devel¬
opments
June 30 last
on
the creditors to the plan,
Florida
amounted to
have
offered
been
that
it
few
so
is
hard
to
bonds
deter¬
mine
1942
will
be $428,394.33 less than the
taxpayers were required to pay
in 1932—just nine years and six
with the
call
for
In
(P.
O.
from
A-judgment in
Gilchrest
Sch.
how
many
bonds
would
actually be absorbed at quoted
prices. There certainly does not
to be any wide spread in¬
appear
vestor demand.
War
of
(P.
Gil-
O
crest), Colo.
Bonds Defeated—The voters
jected recently
$12,000
a
re¬
proposal to issue
construction
bonds,
it
is
Call—It
Bond
is
,
reported
ten¬
three
ferred upon
it by law. The pub¬ appeal to the 8th Circuit Court of
lic improvement bonds (new) are Appeals for the second time last
also further secured by assess¬ February resulted in a reversal of
ments against the property bene¬ ! a decision favoring Yell County
fited
by
the
improvements to which was made Feb. 18, 1941, by
•
pay for which said bonds are is¬ Judge Trimble.
,
,
•
ago.
.reduction
1929.
that
the
United
Dist.
States
Southern
Tampa
New Haven, Conn.
Debt
Cut
$9,129,574 In
Ten Years—The bonded indebted¬
ness
of the city has been reduced
almost
47%
during the
city
had
dropped
to
the
bonded
petition has been
Court
District
in
and
District
of
of
composition.
10
years
$10,490,630,
ability
of
the
But. it
is
another
Florida,!
for
the
hearing
A
headache
to
city
cut
to
carry
on.
problem
war
expenditures to
suit income and still furnish
services.
As
has, fact, in the long
run
essary
nec¬
matter of
a
Coral Gables
should benefit because of the ad¬
for
set
directions and will not effect the
the
confirmation of the modified plan
been
while
of the
for
Division,, asking
Aug. 10, at 10 a.m.,,
in the Federal Building, Tampav dition of the permanent popula¬
tion required for the
operatidn
to consider the modified plan of
of, the, hospital.
composition and any and all ob¬
.
This
jections filed thereto.
tors
who
have
not
Any credi¬
yet approved
the modified plan may accept the
in writing at any time prior
same
the
to
entry of the interlocutory,
decree, and that creditors who
have
accepted
in
writing the,
modified plan need not file any,
further proofs of claims unless by
of-claim
Bonded
a
of
further order of the court.
Dardanelle),
favor
The
filed in
CONNECTICUT
County
months
advised
COLORADO
State, county and municipal taxa¬ holders of delinquent Yell County of the administration; of
Mayor
tion, and after maturity are re¬ bonds amounting to $67,456.35 was John W. Murphy with a conse¬
ceivable in payment of all taxes, signed
today by Federal Judge quent annual reduction of interest
and dues to the city.
All of said Trimble as another step in the costs to taxpayers that now ex¬
bonds
are
secured by the full
ceeds $400,000 a year.
long-impending case.
faith and credit of the city, and
The
judgment was
made
in
Controller Cecil J. Marlowe re¬
by the taxing powers of the city favor of J. W. Gillespie, L. F. cently revealed that as of June 30,
heretofore, now or hereafter con¬ Rogers and Jas. G. Martin, whose 1942, the net bonded debt of the
of
debtedness of the district. A hear¬
ARKANSAS
Yell
First
thereon are exempt
being
Golden, Colo.
—
Bank, Birmingham, or at
interest
is
composition
New
National
Ark.
the Bir¬
Bondholders Obtain Judgment
mingham Trust & Savings Co., —The Little Rock "Democrat" of
Birmingham. The bonds and the July 10 reported as follows:
or
of
June 1,
Prin. and int.
money at the
Bank & Trust Co., New
payment therefor.
payable in lawful
York,
court
of
Sept. 1, unless a later
be
plan
said.
connection
date of delivery
Chemical
the
that
4%%. water extension bonds, Nos.
ders on July 1, of public improve¬ 1 to 50, to the amount of $50,000,
ment bonds, dated April 1, 1937, it are being called for payment at
is stated by City Clerk Z. D. Mc- the United States National Bank
Cuen that the city purchased 5 in Denver, on Aug. 1, at par, plus
bonds at 97.98. 5 bonds at 98.45, 1 payment of interest in full to the
bond at 98.73, and 9 bonds at 98.98. due
date, June 1, <1944.
Dated
bonds may
be
above district that confirmation of
bids must
upon.
split rates on either of the is¬
sues
as
regards that particular
will
bonds will
on
should
Each
no
issue,
be
amount
All
accrued
will
bidders
different interest rate, but
carry a
Court, Southern Dis¬
trict of California, Central Divi¬
sion, notifying creditors of the
certified
a
the
of
York, to the successful bidder
use
or more
par
pay
Enclose
2%
bonds bid for.
bonds
for the
bonds, expressed in multiples of
he
for
include
the
lowest rate of interest at which
The
bonds.
check
govern.
State.
the
prior to the delivery of
the bonds the income received by
troller, for the purchase of the
following
bonds
aggregating
$505,000:
and
event that
Comp¬
by C. E. Armstrong, City
anticipation notes to meet and is
operating on a budget that shows
early indications of being more
than enough to meet the normal
expenditures of the various city
developments in Florida,
contributing
to
general
their
debt also gives the city a borrow¬ business, sometimes bring
ing on the petition will be held on
own particular
problems to mu¬
ing margin of $8,367,746.25, the
private holders from bonds of the Sept. 25, at 10 a.m., in the United
nicipalities. Illustrative of this is
States District Court, Room No. 3, largest of any time during Mayor
same type and character shall be
the
Army's
taking
over
the
Murphy's terms of office.
taxable by the terms of any Fed¬ in the Federal Building, Los An¬
No new bonds of any type were Miami Biltmore Hotel properties
At the same time the
eral income tax law, the success¬ geles, Cal.
issued during 1941 and early in¬ in Coral Gables, which includes
court
will
consider all answers
ful bidder may; at his election, be
dications are that the city may the hotel, country club and golf
which may be filed controverting
relieved of his obligations under
again be able to avoid long-term course. We understand the Army
any
of the material allegations
the
contract
to
purchase
the
borrowing in 1942.
The city was does not want the golf course but
thereof.
Any time not less than
bonds and in such case the de¬
couldn't buy the hotel property
also able to avoid borrowing on
10 days prior to the time fixed
posit accompanying his bid will
short term notes last year and at without taking that over also. It
for the hearing, any creditor af¬
be
returned.
The
Commission
mid-year this year because of pre¬ is the intention, we understand,
fected by the plan may file an
will furnish to the purchaser the
payment of taxes by many of the to convert the hotel into a con¬
answer to the petition controvert¬
valescent hospital. Removal of all
opinion of Thomson,
Wood
&
city's larger property holders.
ing any of the material allegations
Hoffman of New York, approv¬
this property from the city tax
therein and setting up any objec¬
roll cuts a sizable amount from
FLORIDA
ing the legality and validity of
tion he may have to the plan. All
the bonds, and a certified. copy
Coral Gables revenues. This loss
Avon Park, Fla.
claims of the creditors must be
of all proceedings will be fur¬
of taxes, however, can and will
Debt Composition Plan Pending
filed at any time prior to the date
nished showing authority to issue
be made up by economy in othbr
—Creditors of this city are being
set for the hearing.
bids will
Aug. 11,
be received until noon on
>
vealed
and
Miscellaneous
Bond Offering—Sealed
-
The
Unlisted Securities
ALABAMA
Room, Miami, for the purpose of
considering the petition and all
answers which may be filed con¬
In addition to the tremendous
troverting any of the material al¬
bonded debt reduction, the city
legations thereof, and for the pur¬
currently has no short term tax pose of considering any objections
574.41.
the
for enforcement of the judg¬
It is understood Yell, Coun¬
case
Thus, the net reduction for the
10-year period has been $9,129,-
Proofs
the time of
is
year
when
county assessment rolls and those
of
tax
payer
against
reviewed and
are
has
a
chance
to
his, > assessment.
whole, through the State
protest
On
cities
many
the
the
assessments
are
-
at about the
same
level, possibly slightly higher. Here
in
the "kicks"
Miami
are plenty,
presumed to assess
100% of value and has done a
The county is
and
acceptances to the! at
plan, as well as all objections to fairly
the plan, are to be filed with the
job.
good
City
The
As-
Clerk of the United States District
Court,
Fla.
Federal
Building, Tampa;
filing proofs of
copies of the plan may
Forms
claim and
INDEX
for
be obtained from the
City Clerk.
Quotations:
-
.
New
Deerfield Beach, Fla.
Debt
The town's creditors are
a
York
Curb
being ad¬
petition has been filed
Unlisted
State
and
Bond
Page
Exchange! ..309
Exchange
—....
325
.......
331
Other Stock Exchanges.
Composition Plan Filed—
vised that
\
New York Stock
Securities
-
City
336
Department :
Proposals and Negotiations.. 297
in the United States District Court
Gen. Corporation and Invest. News.
for
the
District, Miami'
Division, asking for the confirma¬
tion of a plan of readjustment for
31j 1932, when the Murphy admin¬
the indebtedness of the town.
Auction
307
Redemption Calls and Sinking Fund
the lowest figure in two decades.
The net indebtedness as of Dec.
istration first
came
$19,620,204.41, it
to power, was
was
said.
hearing
held
on
Southern
the
petition
A
will be
Sept. 14 at 10 a.m. in the
on
...V
Notices
Dividends
302
302
.......
Sales
305
The course of
Bank clearings...... 306
Foreign Exchange
Rates
;
305
COMMERCIAL & FINANCIAL CHRONICLE
THE
298
claims the city assesses at
sessor
full value but the Finance
Direc¬
ancies
greater
than
they
Eventually, of course,
will be a final compromise
there
whole
;
workable.
be
matter is
will
which
The
strong
another
assessing body
or six as is the
argument for one
:
of
instead
case
—
ized
the voters author¬
issue of $14,000 road im¬
an
connected
directly
not
the
bonds, we cannot
[ with municipal
District
No.
is politics and "pork."
Florida already has a cross State
it
running from Fort Myers
on the Gulf through Lake Okee¬
chobee to Stuart on the Atlantic;
.
•!
small
at
stretches
expense
capacity could be in¬
creased to equal that of the pro¬
its
that
barges could
through
•
gas
the
all
and
canal
posed
time
be carrying oil and
The canal pro¬
it.
posed will take several years-to
complete and cost around $50,-
time when every
pound of material and every dol¬
lar is needed to help win the war,
when by no stretch of the imagi¬
nation can the proposed canal relieve the gas and oil shortage this
winter, when every tax payer
groans under the load of taxes,
why
should Congress
vote
to
: throw
away
millions of dollars
; uselessly
in duplicating existing
At
000,000.
•
.
;
facilities.
tax
It
retired
be
first
that if
us
Congressmen
to
should
canal
the
for
voted
who
to
seems
really want economy,
and Senators
payers
those
■
a
private life at
ordin-.
ance authorizing an issue of $77,500 judgment funding bonds.
j
Bond
Marion
Proposal Dropped—J. W*
judgment funding bonds
2
series
awarded July 6 to
was
l%s, at
being
has been
are
advised
that
filed
in
Tampa
Division,
confirmation of
for.
and
District
Southern
tion
petition
States,
the
a
St.
1945 to 1950 incl.
30
of
the
Florida,
asking
for
the
plan of composi¬
of
indebtedness
the
the
notified
to
file
-
creditors
with
Julian
Blake, Deputy Clerk of the United
States District Court, Tampa, Fla.,
sworn proofs of claim, giving the
details of their holdings on forms
furnished by the city.
replace the structure destroyed
in the March 16 tornado.
! |
Bond
fire
to
bonds awarded July 7
at
156,
p.
19,
as ; 3 %$,
Hughes & Co.,
I reported in V.
sold at a price
about
of
for
validation
of
$358,160
refunding bonds of the above dis¬
trict'
is
said
to
have
been
filed
;
Paw Paw
—v.
$3,000
the
awarded March
l55,
p.
State
Roann, at
to v Raffensperger,
of Indianapolis, as
155, p. 1266, were
of 100.517, a basis
'
a
S.
Kenneth
$3,600
awarded
Aug. 25,
$1,000. Due Dec. 1,
1942. Denom.
as follows: $6.!000 in 1944 to 1951, $10,000 in 1952
to 1955 and $25,000 in 1956 and
each
bidder.
>
awarded
to
The
bonds
will
sale.
notice
of
The highest bidder will be
was
Johnson
bonds
Jan.
1
in; 1952
1958.
to
to
Interest
payable J-J.
Vidalia, La.
— It
is now reported
that the $23,000 public improve¬
Maturity
ment bonds sold to the Concordia
& Trust Co. of Vidalia, as
3%s, at par,, as noted here in
March/are dated April 1, 1942,
and mature on April 1, as follows:
$500 in 1943 and 1944, $1,000 in
1945 to 1954 and $1,500 in 1955
1962.
to
>
:V
y/;
■
massachusetts
Danvers, Mass.
'
Note Sale—The issue of
notes
sewer
offered
July 21
awarded to Tyler & Co. of
iy4s,
as
at
price of
a
$27,000
was
Boston,
100.799,
a
Other bid¬
basis
of about 1.09%.
ders:
(for 1 % %) Estabrook & Co.,
Coffin & Burr 100.276;
100.43;
100.20;
Bank of
Arthur
First
Co.,
Bank of
National
Boston 100.15.
;:r.
J'
y
.
.
Boston
&
Perry
Dated Aug. 1,
1942. Denom. $1,$3,000 on Aug. 1 from
Due
000.
1943
1951* inch
to
Prin,
and
int.
(F-A) payable at the Second Na¬
tional Bank of Boston.
Notes
are
exempt from taxation in Massa¬
chusetts and will be prepared un¬
the
der
fied
supervision of and certi¬
to
their genuineness by
as
setts.';".';'
:!;•
y'
>
!
Holyoke, Mass.
Bond Offering—Lionel Bonvou-
loir, City Treasurer, will receive
sealed bids until 11 a.m. (EWT)
on
July 29 for the purchase of
$200,000 coupon gas and electric
light bonds. Dated Aug. 1, 1942.
Denom.
$1,000. Due $20,000 on
Aug, 1 from 1943 to 1952 incl. Bid¬
der
in
name'
to
rate
one
of
interest
multiple of y4 of 1%. Prin.
and int. (F-A) payable in Boston.
These bonds will be valid general
a
obligations
from
of
the
city, exempt
Massachusets,
property in the
be subject to the levy
in
taxation
and
all
city
will
taxable
principal and interest.
They will be engraved under the
supervision of and authenticated
as
to their genuineness by The
offering the lowest interes
fate at a price of not less than pa*
for delivery on Aug. 29, 1942.
As
between bidders offering the same
interest rate, the amount of the
premium
will
determine
the
award.
Delivery will be made
July
National
Shawmut
This
ton.
taxes to
Bank
will
bank
of
Bos¬
further
cer¬
tify that the legality of this issue
has
Cincinnati, Ohio, at the option of
the purchaser. The purchaser wil'
select the attorneys for the legal
opinion, will pay for same and
will, furnish
the
printed
bond
forms.
The county reserves th?
right* to reject any or all bids, and
Thorndike,
will
entertain
not
bids
in¬
at-an
Each' bid
by
Indian¬
must
be
accompanied
certified check upon an in¬
a
corporated bank
or
been
trust company
approved
by
Storey,
Palmer & Dodge, of
Boston, a copy of whose opinion
will accompany
the bonds when
delivered, without charge to the
purchaser.
The original opinion
and complete transcript of pro¬
ceedings covering all details re¬
quired in the proper issuance of
the
terest rate in excess of 3%%.
bonds
will
be filed with
the
aforementioned bank/ where they
may
be inspected.
Newburvnort, Mass.
Sale—-The issue of $50,municipal relief bonds offered
July 22 was awarded to Tyler &
Co. of Boston; as iy4s, at a price
of 100.466,* a basis of about 1.17%.
Other bids, also for l%s: First &
Ocean National Bank, Newburyport, 100.30; Kidder, Peabody &
Co.,
100.171; Halsey, Stuart &
Co., Inc., 100.13; First National
Bank of Boston, 100.09; (for i y2s)
Estabrook & Co,, 100.65.
Dated Aug. 1, 1942, Denom. $1,000.
Due $5,000 on Aug. 1 from
,
payable to the County Treasurer
in the amount of
$650, as security
for the performance of such bid
Sale—The
:
-
$8,385.50
The bonds
cou¬
purpose
are
to be issued for the
of calling and retiring, on
15—v.
louisiana
,v
>*
Avoyelles Parish
Bond Offering—Bids will be re¬
3, at. 1:30 p.m.,-
Harry W. Davis, Secretary of
Airport
Commission, for the
purchase of $200,000 airport bonds.
Dated
valorem
both
pay
either in Louisville, Kentucky, or
made by
of
Aug. 1, 1942. Bidders shall
recently in the Circuit Court A
the one who offers the lowest net specify the rate
of interest at
hearing on« the matter is under¬
stood to be scheduled for Aug. i0. interest cost to the city to be de¬ which they would be willing to
termined by computing the total pay par and accrued interest. Due
interest on all of the bonds ta as follows: $3i000 on Nov. 1,1943;
Sebring, Fla.Tenders Rejected — In connec¬ their
maturities
and
deducting- $4,000 on Nov. 1, 1944; $5,000 on
tion with the call for tenders on therefrom the premium offered; if* Nov. 1, 1945; $4,000 on Nov. 1,
July 21, of certificates of indebt¬ any.
No conditional: bid or bids- 1946; $3,000 on Nov, 1, 1947; $10,edness
and/or refunding bonds, in an amount of less than par plus 000 on Nov, 1, -1948; $11,000 .on
of
$65,000
.
ceived until Aug.
be
.
the
price of 105.323. Dated
Ottumwa, Iowa
the highest
accordance with
2410—was awarded to
Exchange
Bank
of
ton D. Beh Co. of Des Moines.
qualified j by
bidder, who has submitted his bid the
in
entire
bonds offered for sale Sept. 1, an equivalent principal
156,* p. 121—were amount of road and
bridge re¬
awarded to the Cherokee State newal bonds dated June 1, 1938.
Bank as 3%s, at par, according tb The
sale is subject to the approval
the City Clerk.
The only other of the issuance of said bonds by
bid was an offer of $50 premium the State Local Finance Officer.
on 3v2s, submitted by the Carleon
j
:
Dated
Rate of interest to bs
pon* sewer*
interest
judgment funding bonds of 1942.
Interest J-D.
-;v::1:
<
•
Cherokee, Iowa
Bond
Aug. 10 for the purchase of $138,4%
as
on
of unlimited ad
iowa
City Controller, will receive
exceed
on
2V4s, due on:Jan. 1 in 1943
1951, and $24,000 as 2.10s, due
bidder
bonds
high bid of 105.31
3.13%.
to
the
for
June 1, 1942 and due $500 on Jan.
1 from 1044 to 1953 incl;. Second
sealed bids until 2 p.m. (CWT) on
not
1
by the bidder.
Prin. and
(M-S) payable at the Ken¬
tucky Title Trust Co., Louisville
Interest rate to be in multiples of
y4.of 1% and must be the same
Township-School Townr
Hbimmond, Ind.
Bond Offering-—Keller H. Coch¬
000
Sept.
on
int.
21/2%' school bonds offered July 15
apolis.
ran,
Due
Dated
1942.
named
ship (P. Oi Roann)i~Ind.
,
Bond' Sale—The issue of $5,000
indiana
refunding, bonds
1942.
1,
000 in 1965.
Details—The
Sale
equipment
1.94%.
i
Elivaod, Ind.
Bond1 Sale Details—The
of
1975.
Optional for redemption on
Sept. 1; $30,000 in 1960, and $35,-
of
121—were sold as 6s,
par. :
bonds
Sept.
coU
1155,
Beach Co. Spec. Road and 1957.
Rate of interest to be in a
Bridge Diet. No. 3 (P. O.
multiple of V4 of 1%, and not more
West Palm Beach), Fla.
than one rate shall be named by
tition
renewal
'
—v.
p.m.
(CWT), on July 29, by the County
Clerk, for the purchase of
$65,000 coupon road and bridge
Indianapolis, as reported in v.
p. 1266.,were sold as 2s, at a
Iprice ofl0G.il, a basis of about
the White Hall National Bank
street oiling
$4,000
Ov Calhoun),
(P.
Court
March 23 to the Fletcher Trust Co.
I
Bond Sale Details —The
Jan.
:
bids will be received until 1
property
check fot
■
on^
2V2S, due
1948; $9,000
as
to
The bonds will be awarded to the
to
White Hall, III.
i
Osgood, Ind.
Palm
Bond Validation Sought—A pe¬
!
pense.
kentucky
"
,
a
3V4s, due
as
1944
tion, Commonwealth of Massachu¬
apolis will be furnished the suc¬
cessful bidder at the city's ex-
bridge
new
certified
A
and
levied
taxable
in
the Director of Accounts, Depart¬
ment of1 Corporations and Taxa¬
Ky.
Bond Offering —County Judge
D> D. Landrum states that sealed
1944 to 1952 incl.
a single rate of
be
all
on
Kansas
of
Is.
as
County
■
$950, payable to order of the city,
opinion of Ross,
McCord, Ice & Miller of Indianf
on
that purpose;
On or before Sept. 21,
are
a
*
is required. Legal
j
authorized
voters
to
taxes
therein.
Joseph Township, III.
bond issue to build
for
Building, Orlando,
Sept. 21, at 9:30
a.m., at which time the court will
hear and consider the petition and
the city's plan of composition to¬
gether with any and all answers
or objections thereto filed by the
creditors, which answers or ob¬
jections are required to be filed
on or before 10
days prior to Sept.
21, and the court will take, hear
and consider testimony on all is¬
sues made by the pleadings or re¬
fer them to a special master for
held
be
rem
lips Co. of Davenport. Due Dec. 1,
follows: $1,250 in 1944 and $2,from
name
MacDonald
maturities
McLean
direct obligations
lected
as
000
at the Federal
will
$13,250
judgment -! funding bonds
recently sold to White-Philf
1%%
was
1952
of the city,
payable out of unlimited ad valo¬
Rushville, III.
Bonds Sold—An issue of
v
to
Callender
and
City, Mo., jointly. The successful
bidders specified 1943 to 1950 ma¬
turities as iy8s, and the 1951 and
interest, expressed in a multiple
of y4 of 1%.
Interest J-J; Bondfc
are
A hearing before the court
city,
Bidder
&
Louis,
Trust
Aug. 1
July 1, 1943, and $2,000 Jan.
and July 1 from
St.
Burke
apparatus bonds.
Dated May 15[
1942. Denom. $1,000.
Due $2,000
on
Valley
Mississippi
Co.; of
purchase of $38,000 not to
exceed 4% interest park and. fire
Baum,
1
100.184;
general* improvement
the
to
\
will
$8,000
1943;] $13,000
1,
Jan.
Second National
(P. O. Kansas
bonds
is said to have been sold recently
for the
Bernheimer &
Co., l%s, 100.90, l.y2s,. 101.64, and
103.90 for 2s; Carleton D. Beh Co.;
l%s,. 101.60;. First. National Bank
of Chicago, iy2s, 1Q1.84; Halsey,
Stuart & Co!, l%s,' 101.67.
y,
following:
Controller,
//!.-
Soldr—An issue of $142,-
F Bonds
000
Lewis;
receive
sealed bids until 10 a.m. on
1, as follows:
Dec.
$11,000 in 1945 and 1946. Interest
J-D.
Among other bids were the
the District Court of the
in
1| City
O.
City), Kan.
I
;
/ Muncie, Ind.
,
'
Wyandotte County
War¬
Bond Offering—John D.
Bonds Voted—At an election on
—-Creditors of this city
United
aS
$7,000 in 1943; $12,000 in 1944 and
June
Debt Composition Plan Pending
a
due
and
1942
July
Dated
0.826%.
about
of
of 0.75%.
rate
rants mature in- five months.
price of 101.62, a basis
a
interest
the Elliott
Jacksonville,
of
Bank
State
,
cluding $400,000 general fund and
$225,000 welfare fund, offered for
sale on July 15, were awarded to
local banks, the only bidders, at
an
follows:
on
to 1952 incl..
anticipation warrants, in¬
000 tax
(P.
and Estes, Snyder & Co. oi
Topeka, paying a premium of $47
fqual to 100.0313, a net interest
Cost of about 1.05%, on the bonds
divided as follows: $30,000* as 2s.
due $15,000 on Aug. 15 in 1943 and
1944; the remaining $120,000 as
Is/ due $15,000 from Aug. 15,,1945
Awarded—The $625,-
Warrants
2.18%—v.
155, < p. 2140—
purchased, at par, divided as
were
cago,
&
V-
.
_
1
Sale—The $150,000 semirefunding bonds offered for
July 15—v. 156, p. 34—
Trust & Savings Bank of Chi¬
ris
Indianap-
County (P. O.
olis), Ind.
Henry, Deputy Village Clerk, re¬
the
Belle, Fla.
McCord
No.
Bond
sale
Elizabethtown, III.
opportunity.
La
Ross,
Dist.
ann.
The approving opin¬
Matson,
Sch.
about
Bank
Wichita), Kan.
Ice, of Indianapolis, will be fur¬
nished to the purchaser at the* .expense of the city.
Enclose a certi¬
fied check for $5,000, payable to
the city. :
; V
• *;
The City
Council recently passed an
being sent through ports that the proposal to issue
this canal and then north through $10,000 sewage plant and sanitarjj
the inland waterway which pro¬ sewer
system
bonds has been
tects
them
from
submarines. dropped until after the war.
•
Thirty' days or at most 60 would
Jacksonville, III.
deepen this canal through a few
Bond Sale—An issue of $41,000
•so
of
ion
Oil barges are
•short
Wichita
tory
III.
—
$1,000
en¬
obli¬
thereafter,
.
and
1; $1,171.55 in
in 1944 to 1951.
kansas
dinsville.
canal
•
1943
June
on
Interest payable J-D.
14 to
the First National Bank of Blan¬
school bonds was sold July
Brookfield,
Bonds Authorized
Moines—v.
mature
In the event no satisfac¬
bid is received on the date
and time of the sale, the sale will
be
continued
from day to day
is
inexcusable
extrava¬
gance and waste of funds by Con¬
gress in voting to construct the
Florida Cross State Barge Canal
in the northern area.
Ostensibly
the canal is to relieve the gas and
oil shortage in the East.
Actu¬
ally
to
the
155, p. 2410—
it is now reported that the bonds
were
sold
at par for 3%s,
and
gations.
$12,000
Bonds Sold—An issue of
mind,
date
said
on
able the city to meet certain
39, 111.
help but comment on what, to our
Des
of
the bonds must
of
proceeds
of
sale
street
improvement
bonds to the CarMon D. Beh Co,
Aug. 25, at
on
the
con-
$9,171.55
in the city as he shall
available
be
School
Blandinsville
(CWT),
a.m.
with
designate. Time is of the essence
of the foregoing requirement as
recently
held
31
to
such bank
At an election
provement bonds.
now.
While
r
five
Voted
Bonds
conection
city. The succesful bidder will be
required to make payment for the
bonds and accept delivery prior
O. Fairbury),
Avoca Township (P.
III.
Additional Information—In
>
the
all of the taxable property in
be.
"
.
levied and collected on
taxes to be
illinois
are
pay
judgments
against the city, and will be the
direct obligations-of the city pay¬
able out of unlimited ad valorem
according to $5,000, at 60%, were received and
rejected. The City Treasure? has
the owners, assessed by the city
been instructed to continue buy¬
at considerably more than by the
ing certificates at 40.
county, and apparently discrep¬
should
outstanding
certain
property is,
Miami
funds to
procuring
of
pose
value.
of
1949; $11,000 on Nov. 1.
incl.; $12;000 on Nov
1, 1954 to 19.57 incl.; $13,000' oh
Nov. 1, 1958 to 1961 incl.; $16;000
on Aug. 1, 1962.
■'
1,
1950 to 1953
named
rate
Edward
assessments are only 60%
Be that as it may, the debtedness, amounting to $6,700 at
48 V2 and 49%, and one tender of
fact' remains that apparently
a
certain
substantial
amount
of refunding bonds in the sum of
tor says
Nov.
interest, if any, at the
in the bid, • will - be
considered.
Issued for* the pur¬
accrued
Sept. 1, 1968, it is stated by
Hasti, City Clerk, that
two tenders of certificates of in¬
due
Monday, July 27, 1942
Voted—At
Bonds
held,
said
(P. O.
Marksville), La.
.
*
July
on
have
to
of
♦'
•
East
•
14 the voters are
approved the issu¬
airport
,
ft -
■
Baton
that
Details—It
the
$54,000
a;
net
by
Storey,
& Dodge of
Boston.
is
now
Series A
(First Issue) housing bonds sold
to.Barrow, Leary St Go. of Shreve-
port,. at
Legality
approved
Thorndike, Palmer
t
_
Sale
Bond
Prin. and semi-
interest payable at the Mer¬
chants National Bank of Boston.
ann.
Peabody, Mass.
Rouge Parish Housing
Authority (P. O; Baton Rouge), La.
stated
000
1945 to 1952 incl.
election
the
the , $120,000
equipment bonds.
ance
Bond
interest, cost
of
Bond Offering—Patrick M! Ca-
hill; City Treasurer, will receive
sealed
on
bids
July
$40,000
until
28 for
coupon
11
the
a.m.
bonds. ,Dated..Aug.
(EWT)
purchase
street
of
paving
1, 1942. Due
'
.
Volume
'
Amw»w#<W'<*m*nii> tetumtyomyi,
156
;
Number 4093'
from
$8,000 ;on1 Aug.; 1
1947 " incl.
> rate
-
of
BiSte:
^
to
1943
name
JHPCGMMERGIAL/& FINANCIAL CHRONICLE
;
Prin. and
offered
payable at the National Shawmut
Bank of Boston.
Legality ap-
proved
Storey,
by
Thorndike,
-
were
without
sale
•
.
palmer & Dodge of Boston. /
,
for
on
(F-A)
int.
299
The refunding agents will re¬
originally $5,000 from 1946 to 1952 incl. One
Mechanicvitle, N. Y*
success Tate :of interest, in a multiple of
Bond Offering—John S. Moore, ceive a commission of 1% to be
J/4 prd/lOth of 1%, Prin. and int. Commissioner of
May 16.) '
Vv
Accounts, will paid by fhe holders of the honds
(J-J), pay able at the Bordentowii receive sealed bids until 2
and The Chase National Bank,
p.m.
MISSISSIPPI
Banking. Co., Bordentown. Legal¬ (EWT) on July
29, for the pur¬ acting as exchange agent, will re¬
ity. approved by Hawkins,, Dela- chase of
ceive a fee of 50 cents a bond for
$34,000 not to exceed 5%
Benton County (P* O* Ashland),
field & Longfellow of New York interest
bond
submitted
for
ex-?
coupon
or
registered each
Miss. ;
City.
,'
■
change.
bonds, as follows:
Bonds Sold—It is. stated by-A.
"Adoption of the plan now is
A. Autry, Clerk of the Chancery
Long Branch, N* J*
$6,000 building bonds, Due $1,000
greatly: to the county's advan¬
on July I from 1943 to
Bond Offering—Bids will be re¬
Court, ; that $21,000 3%% semi1948
tage," County Executive J* Rus¬
ann. court house bonds have been ceived Aug. 11 on an issue of $42,incl.
set Sprague said.
"The United
purchased by; the First National 000 bulkhead improvement bonds,
19,500 incinerator bonds.
Due States
Treasury Department is
Bank of Memphis, for a price of
July 1, as follows: $2,506 in proposing to tax all future munic¬
Mount Holly Township (P. O.
100.238, a basis of t about 3;72%7
1943; $2,000 from 1944 to 1947 ipal
Mount Holly), N* J.
bonds, and large-scale Fed¬
Dated May 1, 1942. Due on May 1
incl. and $1,000 from 1948 to
Bond
OfferingEdward G»
eral borrowing for war purposes
as follows: $1,000 in 1943 to 1952,,
1956 incl..
,
Hawkins,- Township, Clerk, will
tends to increase interest rates;
$1,500 in 1953 to 1958, and $2,000
receive sealed bids until 8 p.m.
8,500 public works bonds.
Due Municipal bonds are now selling
in 1959.
'»
'
(EWT) on July 30. for the pur¬
July L.as follows: $1,506 in at high prices and the refunding
.1
Ellison
Ridge Cons. Sch* Dist* chase of $62,000 not to exceed 6%
1943; $2,006 from 1944 to 1946 bonds, under present market con¬
interest coupon or registered gen¬
(P. O* Louisville), Miss.
ipcl. and $1,000 in 1947.
ditions, can be issued at lower
Bonds Sold—The Secretary of eral improvement bonds*
Dated
interest rates.
This plan avoids
;
All of the bonds will be dated
the County School Board states Aug. 1,1942. Denom. $1,000. Due
the uncertainties of the future, It
July 1, 1942, Denoms: $1,000 and
that $15,000 £% semi-ann. build¬ Aug. 1, as follows:. $4,000 from
aids in the stabilization of the
$500.
Interest J-J.
Each bid to
ing bonds have been purchased 1943 to 1945 incl. and $5,000 from
county's tax rate."
(These -bonds
to
one
interest: in *multiples* of
of 1%,
2/4
immM»Mi»iMiwm<WM n*b •
.
^
.
^
MICHIGAN
Crosse
,
.
Pointe
Township Mural
Agricultural School District No* I
,
(P. O. Crosse Pointe), Mich.
.
'*
Bond Sale Details—The $100,000
school bonds sold on June 29 to
the
.
township * building and . site
sinking fund—v. 156, p. 36—Con¬
sist of ;$50j000 0.75s, due, in 1943
and 1944, and $50,000 Is, maturing
in 1945 and 1946.
The sinking
fund paid a price of 100.01 for the
*
issue, making
a
.
.
r
net interest cost of
at par
Bond Call—Oscar Peterson, City
*
;
Validity
Upheld
The
—
Court upheld re¬
cently the validity of a $17,000
bond issue voted, in Dee., 1939, to
build an electric .distributing, sysr
Melvindale, Mich.
:
Refunding Under DiscussionJoseph Coogan, City Clerk, states
that the matter of arranging for
the
refunding of $2,300,000 of
outstanding * defaulted bonds is
,
tern.
:
;
St.
-•
Joseph, Mo.
i
rr
Bond Offering—Sealed bids will
received britil.
be
30,
;
by
Kenneth
on
July
T, Boyle,
;
Bond Offering—Sealed and oral
bids will- be
chased
27, at 7.30 pun., by Astrid Larson,
District Clerk, for the purchase of
$86,000 refunding bonds. Interest
company
the, city:-A certi¬
$2,540 must ac¬
the bid.
;
^
,
'
.
MONTANA
rate is not to exceed Zlk%, pay¬
able M-S. Denom. $1,000/ Due on
Cascade
Sept. 1 as follows: $3,000 in 1943
to 1946, $4,000 in 1947 to 1952 and;
'
Co*
-Sch*: Dipt.
No*
(P. O* Stockett), Mont-*
■
$3
,
interest payment date, bonds.
Prin. and int. payable
First National Bank &
est on any
Dated Sept.
thereafter.
the
and
not
less than 102 and accrued interest..
Delivery to the successful bidder;
on. Sept.
L at the -' above ^bank. |
The
district .will
furnish
the;
printed bonds and the legal opinion of Fletcher, Dorsey, Barker,
Caiman & Barker, of Minneapolis,
both without cost to the purchas¬
er.
The School Board reserves
the right to reject any and all
bids; and to continue the sale if
deemed expedient.
A certified
check for 2% of the par value of
the bonds bid for, payable to the
District Treasurer, is required.
Otter Tail Co* Indep. Sch. Dist* No*
I 94. (P^ O. Deer Creek), Minn*
Bonds Sold—The District Clerk
states
$4,006 4%
that
school bonds
to the First
were
semi-ann.
sold on July 11
National Bank of Deer
1942. Due
;
1, 1942.
NEBRASKA
The bonds
being issued to refund a
Similar
amount
of
outstanding
are
bonds maturing 1943 to 1965,
shall be sold at a price of
by the State Treas¬
NEW YORK
Albany Port District' (P. O.
/
Albany), N. Y.
.
Bond Sale—The $182,000 coupon
or
vate
holders
registered refunding bonds of¬
fered
July
were
awarded
156,
21—v.
203—
p.
the
to
National
Commercial Bank'& Trust Co. of
of
bonds
the
(P.
Qi
N. Y.
Dated July .1,
gram
local institutions at 0.60% in¬
terest,
Dated
.
•
July 17, 1942 and
due $10,000,000 on Oct. 5 and $35,-
000,000 on Oct. 13, 1942.
-.
Sinking Fund Assets—At
close
of
the
fiscal
the
ended
June 30, 1942, the total assets of
the several sinking funds of the
City of New York for the redemp-:
year
tion of debt amounted to $556,332,336. This was $2,206,448 in ex-r
Cess- of required reserves.
The
gross bqnded debt of the city on
the same date is reported by the
City Comptroller, Joseph D. Me¬
Goldrick, as $3,115,606,155.
During the 12 months period
covered by the current report the
?
'sinking
funds
purchased
New
City securities from the
pity of New York in the par
amount of $50,900,000. Additional
New York City securities were
purchased from the public at a
cost
value
of
$15,706,175. The
sinking funds also purchased $2,480,000 U. S. Treasury bonds and
in addition purchased from other
sinking funds $8,200,000 of U, S:
Treasury bonds.
York
New York City Housing
N. Y;
'
'
Bond Sale
—
Authority,
A syndicate
com¬
100.189.
;Co, .....................1.0^,
the exchange, offer embracing $5,Co.,1 Equitable Securities Corp.,
660,000 bonds is expected to fol¬ Harvey Fisk & Sons, and Rey¬
low immediately after formal ap¬ nolds & Co., all of New York, was
"100,10
proval of the refunding plan by awarded on July 22, a block of
the. County Board of Supervisors $878,000 series A (third issue)
Co.;.v.....1^%
100.16
at a. meeting; scheduled for Mon¬
housing authority bonds, the suc¬
State Bank of Albany. ,vv:
Par
day, July 27. The refunding plan, cessful bid providing for a net in¬
which has, been approved under terest cost of 1.81%. The amount
Arcade,. N. Y*
Bond Sale—The $10,000 electric the debt equalization: law by State of bonds sold, according to Chair¬
lighting bonds offered July 15— Comptroller. Joseph V, O'Leary, man Edmond B. Butler of the
10Q.038
lVnr/o
John Nuveen & Co
Union .Securities
Corp.
and
R. D. White &-Co......;.
L60^
Salomon Bros. & Hutzler...
1.70%
George B.. Gibbons
Co.,
Inc., Roosevelt &,Weigold,
and
Bacon,
Stevenson
&
100.149-
.
Cherry Co* Sch: Dist Nol 8Z (P70.
Valentine), Neb.
Bond Sale Details—If is now
stated that the $9,000 ,3 3A% fund¬
ing bonds which were sold, as
noted here in: April,- were pur¬
chased at par by the WachobBender Corp. of Omaha.
Dated
Dee. 1, 1941.
Duenn Deqr 1^$1,000 in 1957 and $2,000 in 1958 to
1961.
Interest payable J-D.
*
«
123—were ^warded to
Co., Inc., New, York, as
1.30$, at 100.15, a basis • of about
1.25%. " Dated-July 15, 1942, and
due $2,000 on July 15 from 1943
to 1947 .incl.
Second high hid of
100.1T for, 1,40s was; made by Mor¬
gan Kennedy'& Co, Of New York.
156,
v.
p.
Blair &
Other bids:
'
Bidder—
-
Manufacturers
Trust
Co.
:
Marine Truet
'
<&b
.....
•
Int., Rate
Rats Bid
Traders,
i..........
Co.eof Buffalo.
1.40%
ll?%
V-k'jo,
Citizens Bank, of Arcade
100.12
100.13.
■
.
100.25
names
Lehman Brothers and The
Housing
Authority,
represents
approximately 42% of the total
agents. /Associated, with them, in proposed development cost of $2,negotiating exchanges: with hold¬ 075,000 and is the highest propor¬
ers of. the outstanding bonds will
tion of the total cost of a public
be
a
group
of 25 investment j housing project yet financed by
houses.
Ihe NYCHA through the sale of
'■
•.... '
the public.
Similar in general outline to the bonds to
The re¬
Philadelphia exchange plan, the mainder of the cost, Mr- Butler
Nassau County refunding provides stated, will be financed by the
for the calling in of bonds ma¬ sale to the FPHA of series B
turing over the next five years bonds, bearing 2Vz% interest and
Chase National Bank
.
as
exclusive
r
^
and. carrying interest rates rang¬
ing from 3% to 6% and issuing
in exchange therefor bonds ma¬
(Pi O. Greenville), N. Y.
turing over the years, 1951 to i960.
Bond Sale — The $20,000 water
Loup Co. Cons. Sch* Dish* No. 1
The new bonds will carry the
system bonds offered July 22—v.
(P. O* Taylor), Neb.«
original coupon rate to the ma¬
Bond Election-^The issuance of 156? p. 264—were awarded to E. H.
turity of the old bond and ex¬
Rollins & Sons, of New York, as
$20,000 school. building purchase
change rates, for the period of
2,30s, at a price of 100.23, a basis the *
bonds will be submitted to the
extended maturity, ranging
of about 2.29%.
Dated; July 15,
voters on Aug. 11, it is. said.
from 2 V2% to 3% according to the
1942 and due $500 on July 15 from
maturity./
1943 to 1982 incl. Second high bid
NEW JERSEY
The $5,660,000 bonds to be ex¬
of 100.41 for. 2.60&, was made by
changed come due as follows: $1,Bordentowh, N. J*
■> :/
Newburger, Loeb &TCo. of New
000.000 in 1943, $1,100,000 in 1944,
Bond Offerings-Joseph R. Ma- York
City.
$1,200,000 in 1945, $1,325,000 in
lone, City
Clerk," will receive
sealed bids until 7:30 p.m. (EWT) Hempstead and North Hempstead 1946, and $1,035,000 in 1947.
The
on
July 28 for the purchase of Union Free School District No* 22 refunding bonds will mature pro¬
J
(Pi, 0» Floral Park), N* Y.
gressively from 1951 to 1960 in
$47,000 not to exceed 6% interest
Greenville
Water
District
No.
1
,
-
coupon or
registered water bonds.
:Bond Election —At
an
annually from
maturing
2000
the
Net
incl.
authority
interest
1980
to
cost
to
of
all the bonds,
both series A and B, will be about
2.3424% per annum.
The Chair¬
man added that the financing: of
the project with this large a pro¬
portion of its total cost covered by
"A" Bonds sold to private invest¬
ors,
and bearing' lower interest
rates than the
statutory 2.5% in¬
terest rate which must be paid on
"B"
Bonds
sold
to
the
Federal
Authority, will
result in a substantial saving of
interest cost on the project.
Public
Housing
,
Bonds Described—The $878,000
series A
bonds
Fenn
Co.
&
taken by Phelps,
associates bear
and
various rates of interest and
ture
as
$39,000
ma¬
follows: $55,000 3%s, due
in
1943
and
$16,000
(Reg. U. S. Patent Office) William B. .Dana Company, Publishers, 25 Spruce Street, New York, BEekman 3-3341., Herbert D. Seibert, Editor and Publisher:
WilUam Dana Seibert, President; William D. Riggs, Business Manager.
Published twice a week ■[every Thursday (general news and advertising issue) with a* statistical issue on Monday]. Other
offices: Chicago—In charge of Fred H. Gray, Western Representative, Field-Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers1 Gardens, London, E.G. Copyright 1942 by William
B. Dana Company.
Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3* 1879. Subscriptions in United States and Possessions.
$26;00 per yew; in Dominion of Canada1,'$27.50-per year. -South, and Central America; 8pam, Mexico-and Cuba; $29.5Q per year; Great Britain, Continental Europe (except Spain), Asia, Austradst
and Africa, $31.00 per year. NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions, and advertisements must be made in New York funds.
Commercial
■
ous
Formal announcement of S. Moseley & Co., R. W. Pressprich
—
.
/
Sold-—Joseph D.
City
Comptroller,
sold on July 17 an aggregate of
$45,000,000 revenue bills to vari¬
Mineola),
.
Bills
MeGoldrick,
'
County
election these amounts: $300,000, $475,000,
$500 on July 1 in 1943 to 1950; Dated July 1, 1942. Denom. $1,- on Aug. 6 the voters, will be asked $457,000, $875,000. $825,000, $775,Due July 1, as follows: $4,- to authorize an issue of $22,000 000,
$625,000, $650,000, $400,000
callable in the amount of $1,000 in 000..
and $260,000. "
000 from 1943 to 1945. inch and school reconstruction bonds.
any one year.
Creek.
New York, N* Y'
„
Revenue
Announces Bond Exchange Pro¬ posed- of Phelps, Fenn & Co*, F.
Manufacturers
&
Traders
••Trust Co. sn4 Kean,.Taxlor"
&
from
type and character shall be
taxable by the terms of any Fed¬
eral income-tax law, the success¬
ful bidder may, at his election, be
relieved of his obligations under
the contract to purchase the bonds
and in such case the deposit ac¬
companying his bid will be re¬
turned*
The approving opinion
hf Dillon* Vandewater & Moore,
of New York, will be furnished
to the purchaser without cost. En¬
close4 a certified check for $680,
payable to the city.
same
;
.
'
,
Bond Offering—Sealed bids will
be received until;8 p.m. on Aug.
$5,000 in 1953 to 1962. Bonds ma¬
turing on and after 15 years from;
22, by Mrs.. Charies Fish, District
date of issue shall be optional for
Clepk, for the purchase ot $1,500
payment at par and accrued inter-* not to exceed 6% semi-ann. school
iat
3s
as
„
the expense of
fied check for
received until July
Trust Co., Minneapolis,
Vegas, N. Mex*
Albany, as 1.40s, at a price of
100.261, a basis of about 1.34%.
New
York.^ Legal
opinion of Dated Aug. 1, 1942 and due Aug
Chapman1 & Cutler, of Chicago 1, as follows: $22,000 in 1943 and
will be furnished. Bonds will be $20,000 from 1944 to .1951 incl.
Nassau
printed, registered apd delivered Other bids:
;
-•■V
at the above trust company, at
Bidder—
'
Int. Rate Rate Bid
70 (P. O* Arco), Minn.
down
payment as
required by Section 6 of the Gen¬
urer. •
$11,500 coupon
No.
Provision has been
the
eral .Municipal Law, as amended,
reported that insofar as required. In the event
$45,000 sewage disposal plant re¬ that prior to the delivery of the
funding bonds have been pur¬ bonds the income received by pri¬
Comptroller, for. the purchase of
MINNESOTA
I
],
Las
for
made
Bonds Sold—rlt is
'-'iYpsilanti, Mtch* f:;
.
Bond Sale—The
Lincoln Co. Indep. Sch. Dtst.
t
5s amended.
NEW MEXICO
City
noon
$127,000 coupon refunding bonds.
Denom. $1,000.
Dated Sept. 1,
1942. -Due ,on Sept, 1; $8,000 in
special assessment paving bonds
1947 to 1961,: and $7,000 in 1962.
offered July 20—v. 156, p» .203—
Bidders to name a single rate of
were
awarded to
the National
interest, in a multiple of }k -of
Bank of Ypsilanti. Dated Aug. 1,
1%. * Bids must be for all of > the
1942, and due annually on Aug. 1
bonds. Prin. and int. (M-Sl pay¬
from 1943 to 1952 inel»
able «at the; Guaranty .Trust Co.,
/
•
be for all of the bonds and must
a
State Supreme
Trust Co., Detroit.
':
1946 to 1955 incl. Bidder to name
"
Guardian
:
Dated Jan. 1,
<
1942, and will be re¬
discussion.
..
.
J940 refunding bonds Nos. 131 to
134, incl., are called for payment
under
,
state a single rate of interest in a
single rate of interest, expressed
multiple" of % or 1/lOth of 1%.
in: a multiple of 14 or l/10th of
Prin. and int. payable at the State
1%.. Prin. and int., (FrA) payable
Bank
of Albany,
Mechanicville
at the Union National Bank &
Ocean Springs, Miss. ~
Trust Co., Mount Holly. Each pro¬ branch, with New York exchange,
Valid and legally binding general
Bond Election—The issuance of
posal must state the amount bid
obligations of the city/all of the
$30,000 ' water ' works,
revenue for the
bonds, which shall be not
taxable
real
bonds will be submitted to the
property
within
less than $62,000 nor more than
which will be subject to the. levy
voters at an election scheduled
$63,000. A certified check for $1,of ad valorem taxes, to pay the
for Aug. 4, it is reported.
240, payable to order of the town¬
bonds and interest; thereon, with¬
ship, is required.
Legal opinion
out limitation as to rate or amount,
MISSOURI
cf Hawkins, Delafield & Longfel¬
The City has a special charter,
low of New York City will be' fur¬
Bucklin, Mo.
»
Chapter 170 of the Laws of 1915,
nished the successful bidder.
Bond
<
Union
'
1941. Due
$500 in 1943 to 1946, and $1,000 in
1947 to 1959.;
: :
Huntington Woods, Mick*
Bond Call — George W. Evans,
City Treasurer, announces that
the
n
*
(
.
by the Leland Speed Co. of
Jackson.
Clerk, has, called for payment oh
Aug. 1, 1942, at par ana accrued
interest, the following 1933 re¬
funding bonds, to be presented at
the Holland State Bank, Holland:
series A, No. 24, series B, Nos. 6,
7 and 9.
The bonds are in $1,000
denoms. and mature Aug. 1, 1943.
pn Aug. 1,
deemed at
1
...
Holland, Mich*
'
1
,
0.879%.
I
.
.
and Financial
Chronicle
in
THE COMMERCIAL & FINANCIAL CHRONICLE
300
deem;,
$17,000 2i/4s of 1946; $18,000 2s of
1947; $36,000 1.90s, due $18,000 in
1948' and 1949; and $735,000 1.80s,
due as follows: $19,000 from 1950
and
1970
published
newspaper
Rate
.
;
■■
'
than
more
two
Prin.
bonds
of
amount
int.
and
rates or
Bonds Acquired by RFC — The
Finance Corpora¬
bonds,
to
thus
increasing its holdings of the pro¬
000.
•
'
/
June
bridges and in our gross rev¬
the authority is in every
sense solvent, is able to meet all
of its current obligations and has
enue,
to
reason
it will
that
assume
not be able to continue to pay its
bills
ditions continue."
r
either
the
at
of sell¬
itme
the
between
60,000 and 70,000 ve¬
hicles a day throughout the year
will alone provide the traffic and
revenue needed
to cover obliga¬
tions and expenses "of every na¬
ture."
In fact, the experience of
the first six rtionths of 1942 indi¬
cates
safety
a
margin
of
about
200,00 vehicles a month. This ne¬
cessity traffic does not include
pleasure
or
which,
some
to
recreation
traffic
extent, is bound
to continue.
The
-
*
'"
/
-1
letter, which is signed by
Robert
Bids
ered.
the
"After
.
declaration
of war,
when the bonds of the Authority
quoted
were
par,
considerably
were
asked to
we
statements
below
make
individual
to
bond¬
holders and to the public as to
■financial
thority.
condition
of
the
the
Au¬
We refused to make such
on the ground that the
subject would be adequately cov¬
statements
ered
in
the
and that it
semi-annual reports,
our
du¬
ties to sustain the market for
our
bonds.
was
part of
no
To fiduciaries and indivi¬
duals who have
bought our bonds
for long-term investment, we may
say, however, that nothing in the
present situation gives cause for
alarm. They may be sure that the
present prudent management of
the Authority will continue and
that after
will
the
resume
benefits
war
traffic
and increase, and the
the
of
normal
new
many
be
consid¬
be
on
a
to
are
than
less
will
bonds
the
of
all
form
furnished by the above Secretary.
The
Hoyt,
Reed,
New
of
opinion of
Washburn & Clay,
legal
approving
furnished \the
wil
York
Enclose
a
certified
check for $1,600, payable uncon¬
ditionally to the State Treasurer.
purchaser.
Morganton, N. C.
Bond Offering—-Sealed bids will
be
July
11 a.m.; (EWT),
received until
on
28, by W. E. Easterling,
.
the
lowest
ap¬
bonds.
the premium bid front
NORTH
,
'.
■:
..
ceed
6%, payable A-O.
Denom.
$1,000. Dated April i, 1942.
Due
$1,000 from Oct. 1, 1945 to 1954.
Rate
or
rates of interest to be in
multiples of V4
may name one
bonds
of 1%.
Each bid
rate for part of the
(having the earliest matur¬
another
ities), and
balancebut
than
more
no
bid
r
two
the
for
rate
may, name
and each
bid the
rates,
bidder must specify in his
bonds
of
amount
each
of
rate.
int.
and
Prin.
payable in legal
tender in New York; general obli¬
unlimited tax;
registerto principal alone; deliv¬
ery on or about Aug. 12, at place
of purchaser's choice.
The bonds
will be awarded to the bidder of¬
purchase
fering
to
par
and
the aggre¬
No
bid
Bids
furnished
form
respective
of
than
less
be.
must
on
lowest
interest
cost to
from bonds
-
by
the
of the
Associates
type
and Character shall be taxable by
the terms of any Federal
&
and
Co.,
1 Va%
................,
Richards
&
.Stianahan, .Harris &.
Field.
Co.,
Co.,
Braun, Bos worth
1 \'zfo
Oo.; Inc.,
Rollins & Sons, Inc.,;. /
R. S. Dickson & Co., H. M.
&
,
\
.
Byllesby
&
Co.. and
'
1
Co., and B. J. Van Ingen
<& Co., Inc. and Associates.
100.150
100.33
1%%
income
East
Liverpool, Ohio
Sale—The $40,040
tax
law, the successful bidder
Bond
street
may, at his election, be relieved
of his obligations under the con¬ improvement bonds offered July
15—v, 156, p. 39—were awarded to
tract to purchase the bonds and in
such case the deposit accompany¬ Stranahan, Harris & Co., Inc., of
ing his bid will be returned. The Toledo, as l%s, at 100.32, a basis
of about 1.17%.
Second high bid
approving-opinion, of Masslich &
Mitchell of New York, will - be of7100.19 for 1 Vis was. made by
furnished the purchaser.
Enclose Hawley, Shepard & Co. of Cleve¬
land.
Other bids were as follows:
a certified check for $1,000, pay¬
Bidder—
•'
*
Int. Rate Rate Bid
able unconditionally to the State
*
v
ducting
amount of the
the total
premium bid from the aggregate
amount
of interest upon
all of
their
until
the^ bonds
No
maturities.
bid
NORTH
Bruce Sch. Diet.
and accrued
interest will be
Bids
entertained.
must
form to be furnished by
be
on
a
the above
Secretary." In the event that prior
delivery of the bonds the
income received by private hold¬
the
to
ers
from bonds of the same type
and character shall be taxable by
the
CAROLINA
DAKOTA
v
terms
(P.* O. Langdon),
law,
of any Federal income
the
The
Mitchell,
of
York,
New
will be
-
Rowan
County (P. O. Salisbury),
N. C.
N.
Coluipbus..
Co.
.y.
,v
■
-
.........,.
Seasongood & Mayer
Paine/' Webber;
Jackson-
V/z100.42
&
,
.
.
.
000
special
rants.
improvement
war¬
•
OHIO
Akron, Ohio
'
Bond Sale—The
$480,000 coupon
refunding bonds offered July 20—
v. 156, p. 124—were awarded to a
syndicate composed of William J.
&
Co., Cleveland; Fox,
Reusch & Co., Cincinnati; C. F.
Childs
&
Co., Chicago; Crouse,
Bennett, Smith & Co., Detroit;
Ball,
Coons &
Co., Cleveland;
Baum, Bernheimer & Co., Kansas
City, and W. D. Gradison & Co.
of Cincinnati, as 2l/4S, at a price
of 101.281, a basis of about 2.13%.
Dated Aug. 1, 1942 and due $20,000
on Sept. 1 from
1943 to 1966 incl.
Second high bid for 100.807 for
land & Co.
7
;
Columbus, Ohio
-
Would Refund Bonds—The
Council
passed
City
resolution
a
re¬
improvement bonds offered July
17—v.. 156, p. 39—were awarded
to the Weil, Roth & Irving Co. of
Cincinnati.
Dated July 20, 1942
and
due
$1,000
Oct.
on
1
Bonds
—
The
Lorain, Ohio
Issue
"To
The
Bonds—-
Council
3%
City
on
exceed
Board of Commissioners is said to
on
have
11 a.m. (EWT).
July 28, by W. E. Easterling,
Secretary of the Local Govern¬
the issuance
$43,000 school bonds.
approved
of
ment
Commission, at his office in
Raleigh, for the purchase of $80,900 coupon airport revenue bonds.
Denom. $500.
Dated July 1, 1942.
Interest rate is not to exceed 3%,
payable J-J. Due $2,500 from July
1, 1943 to 1974; callable in whole
Statesville, N. C.
Bond
so
to
re¬
J-D.
within
the
conditional
No
able
bids
certified check,
Of the bonds bid for, pay¬
order of the city, is re¬
to
Legal opinion of Peck,
Williams & Gorman of
quired.
Shaffer,
Cincinnati
will
furnished
be
successful bidder.
the
,'77
<
;
-
New
Concord, Ohio
*
Offering — Emmett
Bond
L.
Stockum, -Village Clerk, will re¬
ceive
sealed
bids
until
on
noon
Aug. 3 for the purchase of $3,000
5% coupon electric bonds.
Dated
Sept; 1, 1942. Denom. $500. Due
$500 on Sept. 1 from 1943 to 1948
incl.
Bidder may name a different
rate
of
interest, expressed in a
of V4 of 1%.
Interest
multiple
M-S.
certified check for $100,
A
payable
to
order
is required.
;
the
of
village,
;
.
Cincinnati,
as 2s, at par plus a
premium of $79, equal to 100.48;
Dated Aug. 1, 1942 and due $2,000
on
April .1 and Oct. 1 from 1944
to
incl.
1947
Other
bids
were
as
im¬
Toledo, 2V2S and $55.50; Provident
Savings Bank & Trust Co., Cin¬
cinnati, 2%s and $17.50; Union
interest
street
provement bonds.
:
Lucas, Ohio
V
— The
$7,650 water
Bond Sale
system
fered
awarded
were
Co.
improvement bonds of¬
July 18—v. 155, p. 2412—
of
to
State Bank of
as
and Oct. 1 from 1943 to
1950 incl.
Payne,
for 21fcs-.
par
Portsmouth, Ohio
/
^
Considers
Purchase
Company—A
citizens'
Richland Trust
l3/4s, at a
price of 100.07," a .basis of« about
1.73%.; * Dated Aug% 1, 1942 and
due as follows: .$450 on April 1
Mansfield,
Massillon City School
Bond Offering —
■
District, Ohio
H.
S.
Zepp,
of the Board of Education,
Village Clerk, will receive sealed
Clerk
bids until 4 p.m. (EWT) on Aug.
3 for the purchase of $80,000 3%
will receive sealed bids until noon
sewerage disposal treat¬
plant bonds. Dated Aug. 1,
Denom. $1,000.
Due $4,000
on
Oct.
1
from
1943 to
1962 incl.
of
Denom.
limitations.
for 1%
is
Of
<
Gas
committee
endeavoring
whether
to
determine
city should buy the
the
Portsmouth Gas Co. for
The
committee
$1,000. Dated i Squire,
posal
$625,000.
appointed
was
Sanders
&
Dempsey
of
the purchase of
$73,500 not to exceed 6% interest
refunding bonds.
Interest M-N.
Dated Sept. 1, 1942.
Denom. $1,000, one for $500.
Due $3,500,
May and $4,000 Nov. 1, 1944, $3.000, May and $4,000 Nov., 1,;1945
to 1950 and $4,000, May and Nov.
1, 1951 to 1953. Rate of interest to
be in multiples of V4 of,l% or
multiples thereof. Payable at the
on
Aug.
14
for
concerning
which
on
The
Crestline, Ohio
Offering — Marie Schill,
able
notice
levied
be
divided.
thereafter,
upon
to
lO-mill j constitutional limitation,
and the balance, or 77%, may bq
levied
if * necessary
beyond all
Cincinnati.
numbers at par and accrued inter¬
est on July 1. 1947, and semi-ann.
in part in inverse order of their
property-kr the city, of whic^
23%- is
tax bonds.
the Local Govern¬ Bidder may name a different rate
ment Commission, at his office in of interest, expressed in a multi¬
The bonds are
Raleigh, for the purchase of $50,- ple of V4 of 1%.
000 coupon airport bonds.
Inter¬ said to be payable from unlimited
legal. opinion of
est rate is not to exceed 6%. pay¬ taxes : and the
Secretary
able
mendations
(EWT),
a.m.
City Treasurer's office.--The
are;- payable * from
ad
valorem taxes upon all the tax¬
bonds
$450 on April 1, 1951; Second
bid of 100.07 for 2V4S was
made by J. A. White & Co. of
1942.
11
at the
high
coupon
July 28, by W. E. Easterling,
of
Prin. and int. (M-N) payabld
1%;
questing the State Board of Tax
Appeals to approve the refunding
of $254,000 outstanding delinquent
ment
be received until
be
by City Council to make
Bond Offering—Sealed bids will
on
1950 to
interest to
Rate of
-
and
County
be received until
from
$5,000
expressed in a multiple of V4
incl.
follows: Ohio Co. of Columbus, 2s,
plus $35; Ryan, Sutherland & Co.,
C.
Bonds Authorized—The
and
1949
1954
July 6 determined by
ordinance to issue $47,880 not to
"
Bond Offering—Sealed bids will
in
City
$30,000 refunding bonds.
of
$1,000 each.
Due Nov. 1, as fol¬
lows: $1,900 in 1943; $2,000, 1944
to 1947 incl.; $3,000, 1948; $4,000
Bond Sale—An issue of $16,000
refunding
bonds
was
awarded
July 10 to J. A. White & Co. of
Council recently authorized an is¬
sue
re¬
Payne Village School District, Ohio
Ohio
Authorized
coupon
from
1943 to 1952 incl.
I ronton,
interest
4%
will be received. A
-
Curtis
lVa%
100.30
N- Dak. ' .-/
Bond Offering—Sealed bids will
Farmington
Village School
Dis¬
be received until 2 p.m. on Aug.
trict (P> O. West Farmington),
18, by District Clerk E. Nelson,
■: - /v
Ohio
-'
at the County Auditor's office, for
Notes Sold—T. J, Franks,' Dis¬
the
purchase of $10,000 school
trict Clerk, reports the sale of $3,bonds. Interest rate is not to ex¬
700 • anticipation
notes ./to
the
ceed 314%, payable J-J.
Due on
North Bloomfield Banking Co. of
July *1, 1952.
A certified check
North Bloomfield, as 3V2S, at par.
for 2% of the bid is required.
The issue was unsuccessfully of¬
fered on May 16—v. 155, p. 1798.
Minot, N. Dak.
Warrant Refunding -i- The City Dated June 1, 1942.
Denom. $925.
Council is. said to have accepted Due On April 1 and Oct. 1 in 1943
the
proposal submitted by the and 1944.*
:y: y/-./
*' 7 ;7
Bank of North Dakota,
of Bis¬
Harrison, Ohio
marck, for the refunding of $800,Bond Sale—The $10,000 street
successful bidder
may, at his election, be relieved
2lAs was made by an account
of his obligations under the con¬
composed of Blyth & Co., Hayden,
tract to purchase the bonds and in
Miller & Co. and Ryan, Suther¬
such case the deposit accompany¬
tax
&
V:
respective
Mericka
than
of less
of
Co.
Browning
town,
such cost to be determined by de¬
par
Ohio
.
Wff " -100.07
' 100,05
receive
funding bonds.
Dated Aug. 1,
1942;; One bond for $900, others
,
.
will
Auditor,-
Aug. 10
the purchase of $41,900 not to
exceed
*r
•
-
sealed bids until noon on
-
for
%.
Bros., Phelps. Fenn
Co., Eastman, Dillon &
&
Coy,- City
•
Asso-
.
Lehman
,
>
H,
ciates
v
Ohio y
\
Bond Offering—James E. Mc¬
/
K -100.217
Co.
E.
.
New Boston,
and
Inc.,
inci.
100.33
.
Halsey,: Stuart
same
the
furnished the purchaser.
Enclose
a
certified check for $200, pay¬
High
Point
Airport
Authority (P. O. Greensboro),
or
The bonds
•
>
Clark
Fahey;
a
above
Secretary. .In the event that prior
to the delivery of the bonds the
income received by private hold¬
ers
t
accrued. interest will be
at the
them
able to the State Treasurer.
Greensboro
the
to
gate amount of interest upon all
approving opinion of Masslich &
.
cost
Interest rate is not to ex¬
.
ing his bid will be returned.
helped to build, will be
...
interest
city, such cost to be determined
by deducting the total amount of
Raleigh, for the purchase of $10,000
coupon
water
refunding
proaches which the Authority has
felt."
of the
2293-5
,
offering to purchase them at
1100.55
J. A. White & Co:V.,...i./
\\'i% '* 100.52
Ryan, Sutherland & Co;V/.;vV W'z'x - 1 100.47.,
Braun, Bosworth & Co...,..,, . 1 Vz%.-■ 100.43
built
or
Section
.
der
Fahey,-Clark <fe Co..
Moses, Chairman of the
Authority, and George V. Mc¬
Laughlin and Roderick Stephens, gations;
able as
Vice-Chairmen,
concludes
with
this statement:
of
Cuyahoga County (P. O.
shall not be sold for less than par
Cleveland), Ohio
and accrued interest to date of de¬
Bond Sale—The $2,976,000. cou7
livery, The successful bidder will
pon refunding bonds offered July
be required to furnish the legal
17—y', "156, p. 39t—were awarded
opinion and the necessary bond
to a "syndicate composed of thb
blanks ready for execution at his
Ohio Co. of Columbus, Otis & Co..
own expense.
Enclose a certified
McDonald-Coolidge & Co., and
check for 1 % of the amount of
Merrill,. Turben & Co., all of bonds -bid
for, payable-to - the
Cleveland;
Ryan, Sutherland &
Board of Education. •
* Co., Toledo; White, Weld & Co.,
(This offering supersedes that
New York, and Assel, Kreimer &
previously announced.—v. 156, p;
Fuller of Cincinnati, as IV2S, at a
204.) -/;';■, •; ;;
price of 1O0.48,. a:basis of about
1.37%.
Dated Aug. 1, 1942. and
Mingo Junction, Ohio
;
Bonds Authorized—The Village^
due as follows: $213,000 on April
1 and Oct. 1 from 1943 to 1946 incl.
Council has passed an ordinance
and $212,000 on April 1 and Oct 1
authorizing the issuance of $5,700
from 1947 to 1949 incl. Other bids: street improvement bonds.
One
bond for $900, others $800 eachy
Bidder—
Int. Rate. Rate Bid
Blyth & Co.",
Blair & Co.» <•
:• \ *••'' <•'
Due April, 1, as. follows: $900 in
Inc./Hayden, Miller & Co.,
1944 and $800 from 1945 to 1950
Hawley,
Shepard
&
Co.,
"
'
:
of. the Local Govern¬
ment Commission, at his office in Treasurer.-""'
necessity travel averaging
or
bid for
maturities.. No
The
bonds will be awarded to the bid¬
entertained.
premium bid from the
interest upon all of
bonds until their respective
of
Secretary
ing the bonds or since that time,
the Authority explains that essen¬
tial
place of purchaser's choice.
maturities.
,
made
or
on
of the bonds until their
;
1941 traffic
any estimate
Pointing out that
was far greater than
..
and accrued interest to
offering to purchase
par
if present adverse con¬
even
at
bidder
amount
ing that "while there has been a
drastic reduction in the use of
no
delivery
only;
as to
delivery
amount of
Status—Along with its regu¬
30, 1942, the
bridge authority has addressed a
letter to holders of its bonds stat¬
our
registerable as
principal alone;
about Aug." 12, at
registerable
Authority, such cost to be de¬
termined by deducting the total
lar semi-annual report for the pe¬
ended
for the facilities
legal tender in New York; gen¬
eral
obligations;, unlimited tax;
the
Reassures Bondholders on Rev¬
riod
under the au¬
Issued
.
in
them at the lowest interest cost to
Triborough Bridge Authority, N. Y.
enue
rev¬
fees,
other charges for the use
principal
the
'•
■ '
legal
in
place of purchaser's choice.
The
bonds will be awarded at not less
than
jected $57,000,000 issue, to $8,000,-
rate.
from
York
furnished thereby;
Battery-Brooklyn
construction
tunnel
each
of
payable
New
of the airport or
acquired another $1,-
31/2%
000,000'
each his bid the amount of bonds of
bid the each rate. Prin.-and int. payable
derived from rentals,
enues
•
Reconstruction
tion recently
Each. bid may name one rate for
and
rates,
bidder must specify in his
';
•
thority
•
.
of
Board
Clerk' of
the
Education.
.
Tunnel Authority,
y,
'
'7
: '
City
.-v'..
•
of
office
of the
expense
General Code of Ohio.
multiples of % of 1%*
est to be in
the
furnished
be
village,
of inter¬
rates
or
may
tender- in
York
Rate
multiples of *4 of 1%. Each part. of. the bonds (having the
name one rate for part earliest maturities), and another
of the bonds (having the earliest rate for the balance, but no bid
maturities) and another rate for may. name more than two rates,
the balance, but no bid may name and each bidder, must, specify in
bid
1973; $29,000, 1974 and 1975; $30,000 in 1976 and 1977; and $31,000
New
New
in
rates of interest to
or
1956.
to
be in
1968 and 1969; $27,000,
1971; $28,000, 1972 and
in 1978 and 1979.
redemption date in a financial
York.
incl.; $25,000, 1966 and 1967;
1965
at the
to
incl.; $21,000, 1956 and 1957; $22,000, 1958 to 1960 incl.; $23,000,
1961
and 1962; $24,000, 1963 to
$26,000,.
will
purchaser
Due on June 1 as
published- at/ least. twice, June 1, 1942.
at least 30 days follows: $2,000 in 1945 to '1947,
not more than 40 days, prior $4,000 in 1948 and $5,000 in 1949
but
$20,000, 1953 to 1955
1952 incl.;
to
Cleveland
first publication
2%s, due in tl945;
$17,000
1944;
Monday, July 27, 1942
local
recom-^
the
pro-*-
opinion
is
and
cons
of issuing
mortgage
revenue
bonds to purchase the plant and
pay initial
operating costs have
pros
$750,000
-in
been argued by city
officials and
citizens,
both
sides
expressing
widely divergent views.
Summit County
(P.
O. Akron),
Ohio
)
Bond Offering—James A.
Clerk
of
sioners,
until
chase
6%
the
of
Commis¬
sealed
bids
Aug. 12 for the pur¬
$440,000 not to exceed
noon
of
Board
will receive
Evans,
on
interest
refunding
bonds
.^^i-36,fe«?^/?H(kW:iiJ{-'W~MJl MtP&tejfckflft* -j( ^ 'J.r.w. «j,im i/iwi1'>';'.'.r »jtMifr- «• : / ^,,0.,'jt1
vDated Aug.
and
1
Nov.
SOUTH
Dated
;
June
16
1
from
to
1944
1943
from
Callable June
1948
(M-N) pay¬
Treasurer's office.
Final
approving opinion
furnished at the county's
Each bid must be
will
incl.
1952
to
16, 1947.
-
000
expense.
delivery and accompanied
certified check for 2% of the
a
amount
bid,
Board
Commissioners.
Creek
Swan
Clerk of the
states that
an
injunction has been served;
against the board to cancel the!
379—Orlo Whitaker,
of
Education,
sale and the case'is still in
court.
incl.
*
Northampton County (P. O.
!
Easton), Pa.
-
*
ing in connection with the award
on Feb. 20 of $56,000 school bonds
to Stranahan, Harris & Co.,: Inc.,
of Toledo,, as 2V4s,: at
100.19, a
basis of about 2.23%—v. 155, p.
Board
$5,000 from 1949 to 1961
In Litigation—Writ¬
Sale
Bond
Rural
Delta), Ohio
Township
School District (P.O.
lips, Schmertz & Co. of Pittsburgh
as 3s, at a price of 101.27—v. 156,
p. 204—mature Dec. 1, as follows:
$5,000 from 1943 to 1945 incl.; $6,000 from 1946 to 1948 incl. and
order of
payable to
of
Bond Offering—Asher
ceive
,
S. Kich-
Controller, will re¬
County
line,
sealed
bids, until 10 a.m.
(EWT) on Aug. 14 for the pur¬
chase. of
$466,000
0.75% ^.v 1%,
1 % %, • 1 % % or 1 % %: coupon re¬
funding bonds. Dated Aug. 1, 1942.
Denom.
$i;000.\_ Due Aug.
follows:
incl.
1, as
$46,000 from 1943 to 1952
$6,000 in 1953.
Bidder
one rate of interest for all
and
to name
Whitehouse, Ohio - J
Authorized—The Villager of the bonds,' payable F-A. .'Regis¬
Council has authorized an issue, ter able - as
to
principal
only.
*.
State
ann.
$98,000
school bonds sold July 7 to Phil¬
be
coupon
Bonds
-
July
awarded to
156,
for, sale
voters
Bank
Trust
&
Jackson, as 4s, noted here
May, were sold at par and ma¬
on Jan.
1, 1954.,
in
Sevierville, Tenn.
Ralph
electric:
der any present or future law of
Ohio
the Commonwealth.
These obli¬
Bond Election—An issue of $7,-;
gations will be payable from un¬
000 gymnasium completion bonds
limited ad valorem taxes.
Bonds
will be considered by the voters
will be issued subject to approv¬
at the August primary election.
ing legal opinion of Townsend,
Elliott & Munson of Philadelphia.
Zanesville, Ohio
Bond
Offering — Henry
F. A certified check for 2% of the
Xenia School District,
.
Stemm, City Auditor, will receive
for the
to
bonds, payable to order of the
County Treasurer, is required.
sessment
paving
RHODE
Richmond; Harvey Fisk & Sons,
of Newr York; Ryan, Sutherland
&. Co,,- Braun, Bosworth & Co.,
both of Toledo; First of Michigan
Corp., Mississippi" Valley Trust
1942, and subsequent coupons at¬
date
on
Dated
bonds.
1,
1942. One bond for
$936.03, others $1,000 each.
Due
Sept. 1, as follows: $2,936.03 in
1943 and $2,000 from 1944 to 1952
Sept.
Interest
incl.
int.
payable
urer's office,
M-S.
and
Prin.
•
City Treas¬
the
at
A certified check for
$210 is required.
V,: ;
•
Cranston, R. I.
Votes
Council
Renewal—The
Note
voted
July
until Aug. 28, 1943,
$1,000,000
on
notes
which
17 to
City
extend
maturity date
temporary
were
first
sewer
issued in
1940.
'v'
.
called, with all Sept.
1,
Texas
1
-
Cq.yo£ Columbia,
as
2%s, paying
Garrett
price of 101.534; a basis of about
2.60%.. Dated Aug.: 1, 1942.
Due
a
May
,
Co.
Dallas.
of
' tern
Dated
1941. Due on May 1, as
follows:- $1,000 in 1951 and 1952,
and $2,000 in 1953 to 1955.
1,
.
.
bidders
successful
The
&
investment
at
to
prices
SOUTH
Corson
last August
&
"i
of
Co.
lows:
000
DAKOTA
Bonds
the
is
Sold—It
Bieber,
stated
County
Bonds
by
Co.
fol¬
1, 1941.
County (P. O. Dallas),
Sold—A
issue
com¬
with
until
was
in
1926
prior water
City of
the
additional
the
last
of
bond
issues
1926
bonds
the
retired-r-in 1951.
/
i
2. ;No - election -was' held to give
the voters a chance to say whether
they approved the $10,000,000 is¬
sue.,
!
."
/v
,,
The
city in 1926 issued $1,500,000 in revenue bonds against the
waterworks system
and at/that,
time
pledged in contract not to inV
cumber the water system more a§
long
the bonds remained
as
out¬
standing. About $600,000 of the is¬
sue remain outstanding, and
can¬
retired
not be
until
1952. "
Seeking to get around this ob¬
stacle the city last year entered
into
of
syndicate
ap7
contract
a
bond
with
concerns,
a
syndicate
headed locally
by the Milton R. Underwood Com¬
posed of Crummer & Co., Calli- pany, for financing waterworks
han & Jackson, Rauscher, Pierce extensions and improvements. The
& Co., the Dallas Union Trusf syndicate employed former Gov¬
ernor
Dan Moody to represent it
Co., and Moss, Moore & Cecil, all
in an effort to clear the legal ob¬
of
Dallas,
was
the
successful
stacle
to
issuance
of
revenue
bidder on July 6 for the follow¬
bonds.
; ;
J
ing
State
Aid road
refunding
The bonds were to be issued
bends: $27,186.90 county road and
over a period of several years and
bridge, and $275,925.80 Road Dis¬
of
purchased on June
29, a black of $238,000 of the
$296,000 refunding bonds, origi¬
nally offered on June 22, then
postponed.—V. 155,- p. 2413. We
were advised previously that the
reoffering was to take place on
trict No.
Associated
with
the
above company in the purchase
were
Juran & Moody and Kal29.
July
as
3%s, and $119,-
as
Dated Sept.
T exas
Auditor,
Allison-Williams
divided
Dallas,
4s.
as
S. Dak.
Fred
i
by R. A. Underwood
$26,000
Dallas
O. Mcintosh),
County (P.
Texas
$145,000 refunding, Se¬
ries of 1941 bonds were purchased
2.65%, according to
'X.A:'';''!
maturity,!:
Crosbyton,
.
states that
yield
to
.
,
Bonds Sold—Mayor F. M. Dunn
the above certificates for general
from 2.00%
.
reoffered
to
Houston "irrevocably agreed" not
to incumber its .waterworks sys*
"
...
Mann
C.
1. By the terms of a
bond
Crosby County (P. O. Crosbyton),
'•
Gerald
the
In
a
three-page opinion,; the
high court gave two reasons for
denying the "prayer" of the city:
•
<
July
extensions of the water system.
called.
Salem, Stifel, Nicolaus & Co., of,
Bonds Sold—The County Judge
St. Louis; Courts & Co., of At-;
states that $8,000 4%
semi-ann.
lanta; McDaniel Lewis. & Co., of road and
bridge funding, Series
Greensboro; and C. W. Haynes & of 1941 bonds have been sold to
of
$10,000,000
issue
of
waterworks bonds for. repairs and
TEXAS
Co., of St, Louis; Trust Company
of Georgia, of Atlanta; Wachovia
Bank & Trust Co., of Winston-
"Chronicle"
legal battle in the Su¬
Court to compel Attorney
prove
proper payee bank
shown therein. Interest ceases on;
date
its
General
tached, at the
Minneapolis,
ISLAND
revenue
that
bonds,
Houston
reported, in part, as follows:
The City of Houston Wednesday
preme
that
purchase of $20,936.03 not
interest special as¬
exceed 3%
states
15
lost
'
sealed bids until noon on July 30
system
dispatch from Austin to
news
the
$118,000, are being called for pay¬
ment on Sept. 1.
Dated Sept. 1,
1939. Bonds should be presented
Certificates Offered to Public—
.
Duggan
A
J
Recorder
numbered from 40 to 157, totaling
15, 1942. Denoms. $1,000 and $800.) sion or'inheritance taxes, now or
Due $2,800 on Aug. 15 from 1943; hereafter levied or assessed on
to 1946 incl.
;
!! the bond principal or interest un¬
terest
B.
Town
—
Co., Blyth & Co., Harriman Rip¬
ley & Co., Inc.,? Shields & Co.,
Kean, Taylor & Co., all of New
York; Paul H. Davis & Co., of
Chicago; F. W. Craigie & Co., of
$400,000 from Aug. 1, 1949 to 1958
incl.
Vv r "
•;
.' '
$11,200 not
Call
Bond
June 30.
on
Houston, Texas
City Loses Water Bond Fight—
ture
on
to exceed 4% in¬ County assumes and agrees to pay
funding bonds. Dated Aug., any tax or taxes, except succes¬
of
$5,000 4% semi-ann. con-?
bonds, approved by the
struction
40—were
p.
syndicate composed
a
Chemical
the
of
offered
21—v.-
chased
construc¬
Co. of
semi-
highway certificates of
indebtedness
building
tion bonds sold to C. H. Little &
registered
or
301
industrial
000
CAROLINA
(State of)
Sale — The $4,000,-
Certificate
i
,
Sale Details—The
Bond
the basis of
on
r.K >••»,.:' * ,$, J«<'^.„'<iC;m.^i..,ui-', lAVV» ,^'u
South Carolina
Mahanoy City School District, Pa.
Akron
:
Pittstori.
16," 1942 and due $3,500 oh
able at County
the
of
June
Prin. and int.
incl.
by
Bank
County- Auditor
Due $44,000-on May
specify.
may
tional
in such
1942 and
1,
the
denoms.'»as
, *,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
Volume 156
j'I ,j iV
were
1 bonds.
to
be
second
to
the unpaid
$600,000 issue of 1926.
El
Paso
County (P.
O. El Paso),
T exas
j
Jefferson
County (P. O. Beaumont), Texas
..j
Refunding Contract—The Com¬
man & Co., both of St. Paul, tak¬ !• Bonds
Sold — The
following
State Aid road refunding bonds
Wil-: ing the said bonds as 3Y4s, at par.
missioners Court is said to have
Denom.
$1,000.
Dated July
1, aggregating $90,194.50, were pur¬
entered into a contract on July 8
Sequoyah Cons, Sch. Dist. So. 11 iiam A. Brown,: City Treasurer,
1942.
Due on Jan. 1, as follows: chased on July 18 by the El Paso
will receive bids until noon on
.for the refunding of $70,500 ma¬
(P. O. Claremore), Okla. ~
r. Bond Sale Details—It is now July 28 for the purchase of $100,- $8,000 in 1945, $10,000 in 1946 Clearing House, as 2 Vzs, paying a nuring on State Aid road bonds in
and 1947, and $15,000 in 1.948 to, price.' of
100.50: $63,990 county
(reported that the $10,000 building 000 coupon highway; bonds. Dated
1943, following the receipt of word
1961.
All bonds! are redeemable! road,
and,. $26,204.50
El
Paso- from
bonds sold
to the : Taylor-Jones Aug. I, 1942, Denom. $1,000. Reg¬
the Board of County
and
at 103.25 on any interest payment, Hudspeth Counties, Road District
District Road
Indebtedness
that
,Co. of Oklahoma City, as noted istered as to principal only, or as
'
date to and including Jan. 1, 1952, bonds.
the State might be unable to meet
ihere in March, were purchased at to principal and interest; Due $5,and at par on any interest pay-;
its full obligations because of de¬
'par, divided as follows: $8,000 as 000 on Aug.rl from-1943 to 1962
Fort Bend County (P. O.
ment *, date
thereafter, fi Interest
creased gasoline revenues.
The
'2%s, due $2,000 on March 20 in incl. Bidder to name one rate of
Richmond), Texas
payable J-J..
/yy; <
/,1
interest
rate
on
the
interest in a multiple of Vi of 1%V
1945 to 1948; the remaining $2,refunding
Refunding
Authorized — The
bonds as specified in the contract
000 as 2s, due on March 20; 1949. Principal and interest payable at
Commissioners Court is said to
}-V;. TENNESSEE
■:.: I
Bated -March 20, 1942.
Interest i the First National Bank of Bos¬
(subject to approval of the State
have ordered the refunding of all
ton, or at holder's option, at the Carter County (P. O. Elizabeth- or any part of the State's portion Board), is 2V4% on the first $35,payable M-S,
Rhode Island Hospital Trust Co.,
000 and 1%%
on the remaining
of 1943. maturities on County State
ton), Tenn.
Providence. Delivery on or about
OREGON
'
•
Bonds Sold—It is reported that Aid road bonds.
State participa¬ $35,500.
Aug. 7 at the First National Bank $215,000 31%% semi-ann. school re¬ tion on these bonds is understood
Beaverton, Ore.
Nacogdoches County (P. O.
of Boston, 67 Milk St., Boston,
funding bonds were sold on July to vary from about 21% to 100%.
t
Bonds Sold—Town Recorder R.
Nacogdoches), Texas
5
against payment in Boston funds. 6 to Jack M. Bass & Co. of Nash¬
Bonds Sold —It is stated that
C.
Doty states that the $5,000
These bonds will be valid general ville.: Dated
Fort Worth, Texas
April 1J1942.
Due
semi-ann. general obligation, Se¬
Barcus, Kindred & Co. of Chicago,
Bond Sale—The $158,000 sani¬
obligations of the city of Crans¬ on April 1 in 1943 to 1959. Inter¬
have
ries 1942 bonds offered for sale
purchased
the
following
ton, and all taxable property in est payable A-O.
tary sewer system and sewage dis¬ State Aid road bonds
•on
aggregating
April 6, were purchased by the
city will be subject to the
posal
plant,. Series
71
coupon
$37,000: $25,000 refunding bonds
Fordyce & Co. of Portland, as
semi-ann. bonds offered for sale
levy
of
unlimited
ad
valorem
as
Claiborne County (P. O.
2V4S, and $12,000 refunding
l%s, at a price of 100.30. a basis taxes to
on
pay both principal and
July 21—v. 156, p. 125—were bonds as
Tazewell), Tenn.
l%s.
of about 1.65%.
Due $1,000 in
interest, except that taxable -int
purchased jointly by
Goldman.
1943 to 1947.
Bond Call—It is stated by A. G.
Sachs & Co. of New York, and
tangible personal property is tax¬
Tom Green County (P. O. San
able at the uniform rate
of 40 Shumate, County Judge, that the Boettcher & Co. of Denver, paying
Forest Grove, Ore.
Angelo), Texas
Bonds Sold—The City Manager cents for each $100 of assessed following bonds are being called a price of 100.10, a net interest
Refunding Contract — The
for payment on Sept. 1; irrespec¬
states that $3,000 War Emergency valuation.
cost of about 2.09%>, on the bonds
They
will
be
en¬
County Commissioners Court u"
tive of the payee agent named in
of .1942 bonds have been-pur¬ graved under the supervision of
divided as follows: $52,000 as 23/4s, said to have entered into a eonchased by the city.
Due in 1949 and authenticated as to genuine¬ the face of the bonds, same should due on July in 1943 to 1952; the tract for the refunding of all or
be forwarded to the Third Na¬
ness
to 1954.
by The First National Bank
remaining $106,000 as 2s, due on any part of the State's portion of
of Boston. The legality of this is¬ tional Bank, Nashville:
July 1 in 1953 to 1967 incl.
•
,/, 1943 and 1944 maturities on its
Port of Cascade Locks (P.O.
General refunding, dated. June
sue
will be approved by Ropes,
1919
and:, 1926 State Aid Road
Cascade Locks), Ore. , v
Hall County (P. O. Memphis),
1, 1936, due Sept. 1, 1956, in de¬
Gray, Best, Coolidge &, Rugg, of
bond issues.
Interest rate on the
Bonds Offered—Sealed bids will
T exas
nomination of $500 each. Nos. 742
Boston, a copy of whose opinion
refunding bonds will not be in ex¬
be received until 8 p.m., on. July
Refunding Contract—The Coun¬
will be furnished without charge to 744, incl., 760, 766, 775 to 783,
cess of 3%; however, approval of
25, bv W. N. Keeler, Secretary of to the
purchaser when the bonds 785, 786, 790, 791, 793 to 797, incl., ty Commissioners Court is said to the State Board of County and
(he- Port! Commissioners, for the are delivered. The
original opinr 802 to 820,: incl., 823, 824, 846, 848, have entered into a contract for District Road Indebtedness as to
purchase of $75,000 riot exceeding ion and
complete transcript- of 849, 852, 853, 857 to 863, 865 to the refunding of the State's por¬ the interest rate, maturities, and
4% semi-ann: property purchase
tion of 1943 maturities on its State
proceedings ' required:'for -the 867, 868 to 890, incl.
other details must be secured be¬
bonds. Dated, Jan.
1. 1942. Due
General refunding, dated April Aid road bonds, following advices fore
proper issuance Of the bonds will
any action is taken on the re¬
$5,000 from Jan. 1, 1948 to 1962
be filed with The First National 1, 1936, due Sept.- 1, 1956, in de¬ from the Board of County and
funding proposal.
incl.
; • ;
District« Road Indebtedness that
;
Bank of Boston, where they may nomination1 of $500
each, being
the State might not, be able to
be inspected.
numbered 663 to 670^ 693, 694.
Waco, Texas
'
.
PENNSYLVANIA
General refunding, dated March meet its full obligations because
Note Offering—The City Treas¬
Sinking Fund B«nds Sold—City
of decreased gasoline revenues.
iCarhondale School DistrictPa.
1, 1936, due Sept. 1, 1956, in de¬
urer will receive bids until noon
Manager W. C. Torrence states
Under! terms of- the contract,
Plans Refunding Issue — The
nomination "of $750 each, being
that the following bonds avvreon July 28 for the purchase at dis¬
those
bonds. .maturing
in
1943
district plans to issue $50,000're¬ count of $150,000 notes issued in Nos 1295, 1298, 1299.
'
gating $218,000, held bv the City's
which the State will be unable
Interest and Sinking Funds, were
funding bonds, it was announced anticipation of taxes assessed as
General refunding, dated April
to
pay ! (maximum
of approxi¬ offered for sale on July 21 and
recently by the District President. of June 15, 1942.
Dated June 29, 1, 1936, due Sept. 1,_ 1956, in de¬
mately $40,000) will be refunded were awarded to a svndicate com¬
1942 and due Feb. 26, 1943.
Notes nominationof $750 each, being
Jenkins Township School District
by bonds bearing 2%% interest. posed of Ira
Haupt
Co. of New
Nos. 1432 to 1441, incl.
will be authenticated as to gen
(P. O. Pittston Y. Pa.
uineness and validity by the First
Harper Indep. Sch. Dist. (P. O.- York, Soden & Co. of Kansas City,
; Bond- Sale — The $35,000 3 V2%
Walker. Austin A*
and
Rutherford, Tenn.
National Bank of Boston, under
Harper). Texas
coupon operating revenue bonds
Bonds. Sold
The State Board R. A. Underwood & Co., both of
Bond Sale Details—The Town
offered July 11—v. 156, p. 39— advice of Ropes. Gray, Best, Cool¬
of Education is said to have pur¬ Dallas:
Recorder now states that the $13,were
awarded to the First Na¬ idge & Rugg of Boston.
.
OKLAHOMA
/
.
:
,
Cranston, R. I.
Bond and Note Offering—
.
.
„
.
.
.
.
,
,
,
,
•
.
■
-
-
'
,
..
«
-
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—
.
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i
it,;.
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nt-
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.1
TOE COMMERCIAL W FINTANCIAL CHRONICLE
302
Monday, July 27f 1942
The various issues of temporary 111., due Aug. 17, 1943, wentnto time \as -.the above 15-year; bond
$72,000 refunding, Series C bonds.
j issue is sold.'7
Denom. $1,000. Dated Dec. 1, loan notes were sold as follows: Girard Trust Co., at .82%. ' //„.
Pa., $765,000
1940. Due June I, as follows: Allegheny County,
VIRGINIA
$22,000 in 1957, $40,000 in 1958 eighth series, due Feb. 9, 1943, to
Bristol, Va.
i
and $10,000 in 1959.
Bonds Girard Trust Co. at .72%; $1 mil¬
Bond Offering — Acting
;City
due in 1957 and 1958 bear in¬ lion ninth series to Salomon Bros.
Canada (Dominion of)
A. Goodwyn, statesi
terest at 2%% and bonds due & Hutzler at .72%; and $2 million Manager P.
in 1959 bear interest at 3%. tenth series to Chemical Bank & that sealed bids will be received.
Maturing Debt Includes $459,by the Treasurer and City Clerk 000,090 Payable in U. S. Funds—
Callable on any interest pay¬ Trust Co. at .72%.
Chemical
purchased
$410,000 until 2.30 p.m. (EWT) on Aug. 5/ The "'Financial Post" of Toronto
ing date after Dec. 1, 1950.
for the purchase of $120,000 not to of
j
July 11 reported, in part, as
14,000 3% water works refund¬ Albany, Ga., housing notes, due
exceed 3% semi-ann. annexation, follows:
ing, Series E bonds. Denom. Aug. 17, 1943, at .93 %, also a total
of $5 million Chester, Pa., notes— and improvement bonds.
Full in¬
Canada has maturing debt—ex¬
$1,000.
Dated Dec. 1, 1940.
Due Dec. 1, as follows: $1,000 in four series—due Feb. 9, 1943, at formation will be furnished on; clusive of Canadian National Rail¬
.; >
in 1957 and 1958, $3,000 in .72%,
and $695,000 Clackamas < application.
way debt—amounting to $1,300,1959, $5,000 in 1961, $3,000 in County, Ore., notes, due Aug. 17,; Hampton Roads Sanitation District] 000,000 to the ehd of 1943.
This
1963 and $1,000 in 1967.
1943, at .93%.
includes issues becoming callable
(P. O. Norfolk), Va.
Dallas, Tex., $900,000 eleventh
51,000 2%% municipal airport,
Bonds Voted —At the election1 during this period.
Series
1941
bonds.
Denom. series, due Aug. 17, 1943, went to
held on July 21 the voters-are said
Of
the total Dominion direct
The
$1,000. Dated Jan. 1, 1941. Due Girard Trust Co. at .81%.
to have approved the issuance of: debt
$459,000,000 is payable in
Jan. 1, as follows: $1,000 in $1 million twelfth series in this,
not to exceed $6,500,000 in bonds,! United States funds.
All Domin¬
1960, $4,000 in 1961 to 1965 case, also due Aug. 17, 1943, went to pay the district's share of a
$9,- ion and C.N.R. securities held by
and $5,000 in 1966 to
1971. to Salomon Bros. & Hutzler at
residents of the United Kingdom
000,000 sewage disposal system.
Callable on any interest pay¬ .80%.
have been repatriated.
Chemical purchased all of the
ing date after Jan. 1, 1951.
WASHINGTON
The Dominion has issued $9,81,000 2%% refunding, Series P Decatur, 111., $1.8 million notesSeattle, Wash.
100,000 of
non-interest bearing
bonds. Denom. $1,000.
Dated two series—due Feb. 9, 1943, at
Bond Reoffering Not Scheduled
obligations since the war started.
Jan. 1, 1942.
Due Jan. 1, as .72%. Also $1,170,000 Fayette Co., —It is stated
by W. C. Thomas,
This
follows: $5,000 in 1952 to 1954, Pa., notes, due Feb. 9, 1943, at
and
further
information
City Comptroller, that no reoffer¬
came
out in the debate on the
$10,000 in 1955, $15,000 in .72%, and $680,000 Fort Smith,
ing date has been set on the $7,1942 loan act, just concluded in
1956 and 1957, $25,000 in 1958 Ark., notes, due Feb. 16, 1943, at
900,000 not to exceed 6% semi-'
and $1,000 in 1959.
.72%.
"
; *
f
/
; "
! ann. municipal light and power of the House of Commons.
Salomon Bros. & Hutzler were
Almost each year the Canadian
Principal and semi-ann. interest
1933, Series LR-6 bonds, originally!
payable at the City Treasurer's of¬ awarded ■ $350,000
Fort
Wayne,i scheduled for sale on June 22, but Parliament is asked to pass a loan
fice, or at the First National Bank Ind., notes, due Aug. 17, 1943, at posponed because of priorities.
i bill, giving the government power
of Waco.
to meet maturing obligations, do
.85%.
Galveston's second series
of $825,000, due Aug.
any
10, 1943,
refunding
of
unmatured
WEST VIRGINIA
Wichita County (P. O. Wichita
went to Girard Trust Co. at .82%;;
bonds
considered ; necessary
and
Kanawha County (P. O; Charles¬
Falls), Texas
its third series of $940,000, due
generally handle the major fi¬
ton), W. Va.
Bond Refunding — The County
;
Feb. 16, 1943, to Chemical at .72% J.
nancing problems as they come
Bond Election
The County'
Commissioners Court is reported
The $1,025,000 Holyoke, Mass./
Court has formally called a bond up.
to have entered into a tentative
housing notes, due Aug. 17, 1943,! election to be held in
The custom has grown of hav¬
connection!
contract providing for the refund¬
went to Salomon Bros. & Hutzler
with the Aug. 4 primary, on the ing this bill give the government
ing of approximately $70,000 ma¬ at .81%.
Girard Trust Co. was
proposed issuance
of $1,000,000 power to borrow $750,000,000; this
turing in 1943 on county State Aid awarded
$950,000
Little
Rock, in bonds for the
exact amount may be used or it
purpose of con-!
bonds, this amount representing Ark., notes, due Aug.. 17, 1943, at
structing a county airport.
It! may not. This year Finance Min¬
the State's portion on principal,.
.82%. Also $1,400,000 Los Angeles
ister Ilsley suggests a further loan
was specifically stipulated that the
The contract, which is contingent
notes, due Aug. 17, 1943, at .83%.
said bonds, if approved, would not' bill may be necessary later on in
upon approval of the State Board
Chemical Bank & Trust Co. was be offered for sale to
the State the year/due to the tremendous
of County and District Road In¬
awarded $585,000 Madison Co., Ill;,
Sinking Fund Commission or any liabilities being built up for the
debtedness, calls for interest rates
notes, due Feb. 16, 1943, at .72%. other agency until Federal sup¬ growing war effort.
of 21/2% on $58,000, this amount
Also $340,000 of Meridian, Miss,,,
With regard to the bonds which
plementary funds are first made
being
1943
maturities- on. two
due Feb. 16, 1943, at .72%; and
available.
The bonds Will not be the Dominion must provide for to
county issues, and 3% on $12,000,
$1 million McKeesport, Pa., notes, offered, it is also stated, until the; the end of 1943, the total of just
being
a
special
district
issue.
due Feb. 9, 1943, at .72%.'"
-Bonds would be redeemable in
City of Charleston closes its mu¬ over a billion dollars is split up
among f 1942
r maturities V Of r $74,J;
000,000,;. 1943.maturities,of $677,-.
000,000 and securities callable * to
,
the end of 1943
$294,300,000. *
V
^
-
'
Canada's total, direct debt
able in United States funds is
$459
reduction of $10 mil-?
.
millions,
a
lions since
does
buyer likewise was, nicipal airport below Dunbar. V/."
$2,195,000
New
York
•years.
:
/•
Date of
WISCONSIN :
City, N. Y., housing notes—five
Issue*
UNITED STATES
series—due Feb. 9, 1943, at .72%.
May?i/i922_:;r:
Marinette County (Pi O.
: 1
Federal Public Housing Authority The $730,000 first series of Port¬
Marinette), WisA. c.
■
Jun e 1. 1937_
Local Units Sell Notes—A group land, Oregon, due Aug. 17, 1943,
Bonds Authorized—The County July l, 1941
headed by the Chemical Bank & also went to Chemical at .93%; Board of Supervisors
Oct 15,. 1934..
approved;
Jan 15,
Trust Co. of New York, purchased the second series of $1 million to
19371/.:i
recently a resolution calling for
$17,735,000 of the total $28,675,000 Salomon Bros. & Hutzler at .80%s the issuance of $110,000 court¬ Apr 15, 1942..
temporary loan notes up for award
Harvey Fisk & Sons purchased house completion, general obliga¬ May .1, 1941
Jun
1, 1935
on July 21 by local public
housing $790,000 Richmond, Cal.,
\
notes,! tion bonds.
Jan -2, 1941.
authorities in various counties and due Aug. 17,1943, at .90%. South!
The Board also passed a resolu¬
than 10
more
nor
BONDS
lions represents refunding of loans
first issued
What
with
that there is
•
June
__—
1,
July
$16.2 millions, to which must be
added
$190,000, due Feb.!
due
National
Railways securities held
by residents of the United King¬
dom, Mr. Ilsley states, but the
Dominion
The
$935,000
of
Winnebago
bnildin?
Co.,
onerations
until
May
1,
June
and
stocks
called
Alliance
-Date
1st mtge. 4Vas due 1951
Investment
Corp., pfd. stock
ser.
Stores
bonds,
Arizona
,
due
Arkansas
Co.,
Corp.
mtge. ^serial &
1st
of Del.,
f.
158
'
•
1
12452
Sep
1
ser.-B,
due 1955._Aug
74
1st
ref.
N,
3 V*
Series
O,
3 >4%
Series
P,
due Dec.
,
due
Outlet
1. 1971
June
15,
1968..'.
.1,
39/, due June 1, 1969
2%s, due Jan. 1. 1976
..Aug
.Aug
1.
1
160
160
mtge. 5s, due 1951, S-p
9
Davegft Stores Corp. 5'/f pfd. stock..J
....Aug 17
Denver
&
Rio Grande Western
RR., trustees' ctfs.,
160
B
Erie RR...
1-t
...
Engineers
......
Equipment
1944
*
Ut con^l
due
American
1952
General
m»*e,
4%%- bd*.,
sc.
A.
..Aug
4l/2s, ■
'
Aug
Gas
bonds, due 1943
Co.,
Inc./ 3Vz%
Sep
Safe
-
1
-
due
&
p
Electric
1&43.
,
J
,
161
■
79
'
1
*
Ltd
.
Hartford Electric Light Co., 3 Va r>
due
1950....__l,_.i_Aug
1«t, —As. due
ties
would
be
If all these securi¬
us.
home
brought
were
their part to purchase
the
Argentine
and
other countries
and
ties
from
cattle
industries
oii
wheat from
in whose
interest."
there
tendency
strong
a
oroper*
they
had
an
''
.
4
1
1948..Sep'
debentures, due 1971_Sep
1st
mtge.,
Niagara
Falls,
1st
79
1
.
162
1
"
Harbor
6%
8.
f.
f/r.
>
.
.
.
Amount
./•/
•
...
/"•"!
Payable
$
100,000,000
New York*
5
"
Canada
Canada
..
"•
New Yolk
1
33,293,471
„
Canada:.
2 W
1943;
249,000
-
3
Canada
40,409,000
30,000,000
"
1944
2H
259,000,000
New York
10,000,000
2%
Canada
20,000,000
IVz'
:
•
Canada
250,000,000
New York
,2>/a
1943
Oct.
Oct.
;
5
15,
15,
76,000,000
4
1943;
Canada
147.000,000
Canada
88,337,500
■"
1945
DIVIDENDS
grouped in two separate tables.
In the
bring together all the dividends announced the
we
are
Corp.,
4V2s,
due
.
series
Investment
;
a
paid.
second
News Department"
Nnme of Company
American
Automobile
Quarterly
American
...
Bank
Ins.
in the week
165
1
r
1
«•
165.,
.*
1
t2098
1!
11844
1
84
Note
preferred
General
Co.
Co.
common...-
85
Anaconda
Copper
1979__Aug
1
85
Goods
Co._-.^
(N.
Trap of America
Cork Co.
convertible
:
(quar.)
263
263
V
(quar.)__J
88
1
?
Bank
of
Montreal
of
Toronto
Co.
-
,-
8--1-
1
....
(quar.)J__.
Aug
1
t2288
1
t2288
1
1
t2288
-__^._i__Aug
_Aug
tSee
Volume
155.
7%
.
I
$5
.
1
1
•
168
T;'e
Bloch
6Vo
Shoe
1
7-24
9-1-
7V2c
(s-ai
preferred
Tobacco,
(quar.)
7-15
7-14
8-1
7-25
'
8-8
9-
9
;
\
8-3
8-14
9-15
20c
8-15
8-
8-31'
1
$1
9-
1
8-10,
50c
8-
1
7-25
$p/4
9.
$l»/4
9-
1
8_22
(quar.I.....
l2'/ac
8-
1
7-20
—
—
com.
preferred (quar.)
Brothers
'
8t45
.
common...
Assoc.,
...
Inc.
9-1
37'Ac
—-—--
(quar.)
7-31
7-31
1
.
$1
8-15
9-
25c
•
8-15'
1
8-15
40c
(quar.)..
—
(quar.)
9-
J$2
15c
Stores,
1-
8-
$1.05
Oil
preferred
3.
7-24
t4c.
'
—
preferred
Berland
89-
>
9-15
$$2l/a
Inc
7-23
9-1'
1
(s-a)__
(quar.
Heminway Co
Bendix Aviation Corp
Berkshire Fine Spinning
t2288
Aug
1st mtge. bonds,
7-30
•
-
1 7
7-25!
7-25
1
31c
.
:i
(N. Y.)
•
4
8-
...
Belding
_Aug
Aug
8-
9-
50c
(quar.)...
Inc. class A com.
8-
8-31
15c
25c
$1%
common
(quar.).l.
>•
7*22
8-14
fl6c
Bankers & Shippers Insurance Co. of N. Y.—
Bayuk Cigars,
8-1.
9-21
pfd.....__.
(quar.)
Bankers Commercial Corp.
1
9-15
(qnar.)_—$1
Mines, Ltd. (interim)
Works, 1% pfd.
Petroleum
Barnsdall
8-14
87'/ac
Locomotive
Bandini
(quar.)
t2374
8r14
9-
40c
(interim)—J.
common
Plywood Corp. common
$1.25. preferred (quar,)
Bank Shares,
8-14
9-1
50c
common
preferred
Bank
86
7-24^
1
9-
60c
Y.)
Mining__.—
Baldwin
.,
9-10
*8-1
Foundries.______—50c
7r/r preferred (quar.)
Arkansas Natural Gas Corp. 6%
Gold
'10*1
75c
Steel
Aunor
9-10
„
(quar.)
9-1
1
pfd. (quar.)w__
50c
(quar.)-j:—a—62Vic
Re-Insurance
ol Rcc.
"
10-
25c
$2
Holders
9-15
.10c
,
——
166
When
Payable
25c
(reduced).-
Paper
4%
when
/.*
*
Corp.
preferred
Armstrong
Louis)—
(St.
fquar.75c
Book
American
Animal
Co.
Atlas
1
rec¬
are:
Share
—
American
2
in
»
American
20.
,
table
Further details and
The dividends announced this week
$3 preferred
2
due .1946
issue.
follow with
we
'
I
1945
this
and
American
5s,
'
..Aug
1950-Aug
Hospital Association,
in
Then
show the dividends previously announced, but
which have not yet been
____l_July 29
due
week.
we
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
$2.50
A,
I.Aug
mtge.-
.
Zane Hotel, bonds, dated 1925
♦Announcements
which
6%
.
1st
current
American
165
Aug
Power
debentures,
83
...i.LAug 21
4',/-,50-year bonds, due 1952
Water
West Suburban
162
1
mtge.
--
83
1
preference stock...
lst .& ref. 5l4s series A, due 1946.
1st & ref. 5s, series B, due 1950
1st & ref. 6s, series C, due 1952
79
1
CALLABLE
OR
2 i'
15,
Dividends
83
1957/."__*_July 31
series A, !
" '
J. __$ep
1
Virginia Public Service Co.—•
162
-
Aug
1
...
1st lien 5s,
•
t ip*"•«.. f,s.
C-1.
Corp.,
i
1949__^__Aug
1
^___Aug
debentures,
due
^
Truax-Traer Coal Co., 6% pfd. stock____'__l____'__
^"Aug 15
Union Terminal Co..' 1st mtge. 3%^
bonds, due 1967_Aug
1
United Printers & Publishers
(Inc) 6% debs., due
debs.,
Electric Co.—-
1
Stanley Rowland Clark Corp., 1st, mtge. 6s, due 1946iAug
1
Tampa Gas Co.< 1st 5y2s, due 1956_.
July 31
Tampa Gas Co., 1st 5s, due 1961.
July 31
v
A,
Maf-le Co.,
trade with
Per
Aug
Stanley Co. of America—
78
•
due
Aug
ir.
1
15,
t2288
4>/2S, due 1947...,—
251
-
1957.Aug 29
5s, due March 1, 1949_Sep
1
Investors
Water
rene*
fit",**
mtge.
—
Water
General
-
1st
...
Federal Screw Works, 1st mtge.
Ttmt Co.r :$t lien &r. mt«e. 4Va'/
Cenerat
Co.,
this
purchasing goods from
and developing
Co.,
due 1947
River Raisin Paper Co., 1st mtge.
6s, due 1945____/..lAug
St. Joseph Rv_ Light, Heat & Power
Co., 1st mtge.
160
series
in
financial
a
government
declared.
1
Electric
Petroleums, Ltd., 6% debentures,-.dated 1940...Sep
Co., Ltd., 1st mtge. 4V2s, due 1956.___.'_.Sep
money
160
1
due
&
Philadelphia Electric Co., 1st mtge. 5V2s, due
1972____Aug
Richmond Light & RR. Co.5 1st & collat. trust
purchase- '• -
1
Electrical
of
11839
1
82
^
Co.
#
1
Pennsgrove Water Supply Co,, 1st mtge. 5s, due
1945._Sep
77
Aug
Danville Traction & Power Co..
Co.,
163
f 2459
3
Paton Mfg.
.*
L_.__.Aug
Series Q,
Service
80
;
due
1903
Co.,: 1st
Pacific
160
1
Publid
80
t2185
1
dup 1970
dated
sinking fund bonds—
mtge.
Series
interest in
Aug. 15/1943;
15, 1945
Callable
first
•.
•
-..."_..Jan
Gas
—
Northwestern
75
>*
Ry.,
Telephone.Co., Ltd., 1st mtge. 4s,
1937
bonds
f2453
Hampton
Co., 3xk"k debentures,
debentures, due 1954..^
Ontario. Power
*
1
&
American
dated
fl827
-
.L
11311
Sep
North American Light & Power Co., 5V2%
series A, ! due 1956^....
North Texas Co.', 1st collat. lien bonds, due
t2452
-
1st mtge. -4s,
Church of St. Austin, 1st mtge. 4 Vis, due
1943-1946._^.Sep
Cincinnati Gas & Electric Co., 1st 3V4S, due
196fi_..i_Aug
Consolidated Gas Electric Light & Power Co. of Balti¬
more
.
1st
—......
News
Northern
Baumann
r
North
74
debs,,
;
3% r/c
Print
Arnold
*
1
1
Works, 1st mtge bonds
..Oct
1
(Ludwig) Brooklyn Bldg., 1st 6s, due 1942_.-.Aug 10
Blaw-Knox Co., 1st mtge. 3 Va % bonds due 1950
Aug
1
Briggs-Long Realty Corp., bonds dated 1936
.Aug
1
Celanese Corp., 3%
debentures, due 1955
Aug
7
'
1950
4Va%
1st & ref. mtge. 5s, due 1944...—
Norfolk-Portsmouth Bridge Corp., 1st
and 4Vs%-
Memphis Ry., Bridge & Terminal Co.,
& Co.
Association,
Newport
21
....July 28
........
1st and ref. mtge. 5%
1964...
Loan
*
..Aug
due
Provident
*
s.
1950
mortgage 5s
Armour
Stone
1951...
due
Power
bonds,
&
Newark
_^._Aug 31
Corp,, 4debenture bonds due 1951__Aug
Lime
.
Page
.
..Aug 21'
American
investment
country they will have
Page
bonds, series A,
Long Beach Gas Co.,- Inc., 1st mtge. 5s, dated 1916_^__Aug
Long Island Lighting Co,, 5Ve9c debentures, due 1952*.Oct
Mengel Co.,! 1st mtge. 4'/2% conv. bonds, dated 1937
Sep
*
Allied Owners Corp., 1st lien cumui. Inc; bonds, due
1958_Aug
1st mtge. real estate 6%
s.f. bonds due 1945_..'
Allied
held in the United
.
Aug 21
A
indus¬
argument in this
long as they have a
substantial
this
in¬
not
of
His
"so
Rate
12184
1955
.Sep
1
Power! & Light Co., 1st 4J/2s, series A, due 1958__Sep
1,
Kansas City Gas Co., 1st mtge, 5s, due 1946
.Aug, 1
Keeshin Freight Lines, Inc., Z\k% notes, due
1947____Aug. 1
Kern (Ernst) Co., 5%
debentures,' due '1944___'
r_l__Aug/ 1
Lexington Ry., 1st mortgage 5s, due 1949.
...Aug ,1
under
Co.,
did
Aug.
due
Iowa
called
...
Gas
15, 1933.
Date
International Paper Co., ref. mtge. 0%
Company and Issue—
Alabama
Oct
due
...
for; redemption, including
sinking fund provisions. The date
indicates the redemption or last date for„ making tend¬
ers, and the page number gives the location in which
the details were given in the "Chronicle."
those
that
1943
Callable
Oct.
due'
preferred
is
1943
15, 1923
of Texas 4V\°/n debentures, due 1954u-Aug- 1
Indianapolis, Columbus & Southern Traction Co., 1st
mtge. bonds, due 1948
..Aug
1
list of corporate bonds, notes,
a
Kingdom.
4
1943
Oct
Houston Oil Co.
Notices
be found
repatriation
the
trial securities
1943
1,
July 2,
such
Company and Issue—
Redemption Galls and Sinking Fund
Below will
program
clude
t
Jan.
15,
tion for the
temporary borrowing
16. 1943, went to Chemical at .72%.! of
$50,000* with which to finance
sues.
exchange
Canada has repatriated all Dom¬
Government and Canadian
1942
Aug 15, 1935_1_'__:
San Francisco's
is¬
current
another $1.7 million.
or
inion
1942
1,
Apr.
_
individual
for
11%
premium,
MATURING
15, 1942
Callable Jan. 15,
___
on
immediate inten¬
no
this year. Annual interest charges
on
this U. S. payment debt are
Oct
_
bids
debt
making further important
reductions in the principal.
This
does not bar refinancing to reduce
interest
burden
such
as
might
quite likely be done with the 5%
bonds becoming callable May 1,
May 1, 1942;
due May 1, 1952
,
successful
this
plans
is not
of
•Callable
'
buyers placed
to
\'
war.
government
regard
tion
Call Date
or
.
other
during the last
the
specifically stated but he implica¬
tion from Mr. Ilsley's remarks is
Date of Maturity
5
Two
issued
period 1922-1930; $200 miU
same
awarded
cities.
renewals of loans
or
in the
—
not less than 3
This
started.
war
include
millions, $306 millions represents
loans
*
The
the
guaranteed debt
payable in U. S. funds. Of the $459
.
,
not
pay-'
1
'8-1
8-22
7-20.
30c
8-15
8-10
$iy2
9-30
9-25
.
-Volume
THE>COMMERCIAL & FINANCIAL CHRONICLE-
"Number;4093..
15$
1
1
"
303
'
,
i
'•
Per
When
Holders
share
Payable
Name 61 Company
.
(irregular)
TeHer, 5(4%'conv.
8-
1
683/4c
8-
1"
Bonwit
pfd.
(quar.)—.-
9-
1
25c
8-31
"
9-29
r
1
8- 5
-
8-15
7-31
,
National Protective.Cos.'Class A
7-20
7-10
•
,7-2?
9-5
•
1
.7-31
9-
10-
1
7-31
7-3Q
8-20
7-15
'
American
1
8-
75c
15o
8-
1
7-17
8- 1
7-17
7-18
,9-1
,8-20
—X——X-.^—
«•'
Osiyego & Syracuse?RR. (s-a)—^.X.X—'
8-25
8-7
Chain
Belt Company—
<
Chattahoochee & Gulf RR. Co,
Citizens
I Ang.i
Natl.
Trust .&
(irregular) —
Bank
Savings
•
9-1
,
*
Extra
,
—
7-22
8-1.
8-
,8-15
t35c
,
(Bait,)—
.
.
.
10-1
.
10-
9-15
1
10-
"
9-15
1
,
,
'
9-15
X*
Continental American Life Ins. Co.y Wilming, '
7-24
I ton,/Del., (quar.) XXX-—XXX-—37 (4 c 7-30
Continental Cushion Spring .:(irregular)!X—
4c
8-15
Cosmos Imperial Mills (quar.)
30c
,'7-15
Dejonge (Louis) & Co. 5% 1st pfd. (quar.)—,
$1(4
8Derby Gas!& Electric!————————X " 35e
'9Detroit Gasket & Mfg., 6%' pfd. (quar.)——
;
30c
9Devoe & Raynolds,'.Class A";(quar.)-——-X
" 25c
9f Class. B(quar.)
XV 25c■'.
9V
preferred .(quar.)—XXX!!X—!xXx■:/•< -$1(4./
9Diamond 'Match CoXXXXXXXXXiX! "< '37(4c
8L5
Dodge Manufacturing' Co. (quar.)XXX—— ;v/:25c
8-1
Dolese & Shepard 'CompanyX-XXX!——'$1 •
Dominion AxAnglo Investment Corp.-—
1
( "5%. preferred
9- 1
(quar.f—
Xt
$$1(4
10-1
Duplan Corp. A7p- pfd. (quar.)X-XX-XXX ;
$2
'
>7-i6
:,
Pepsi-Cola, CompanyX/rX-X.!/'—.
.
7-31
7-15
Pejttibone-MulUken/Corp. (resumed)-!—:i..*
...
7-24
"
8-.15
8-20
8-11
.
-
8-
5
'7-20
.
A
8-15
pfd* (quar,)!
;/,$I(4
,
9-14
.
9-
$6 Va
Federal
Mining & Smelting———--—
Fidelity Union Trust .Co.; (Newark) (s-a)XX.
Fiduciary Corp.(quar.),—XX—X—XXX • y>
.9-30
•
9nl8
8-
60c
.,
7-28
/.
.
convertible preferred, (quar.)
$2(4
Saco-.Lowell
7-22
Shops, common
preferred.^ (guar.)
$1
8-
1
Florida
Power!7% preferred A (quar.)—X'X'! $1%
preferred (quar.)——J—
XiiX v 87(4c
Fox (Petert * Brewing (resumed)—————'
25c
Freeport Sulphur Co. (quar.)
.■
50c
Fqhrmann & Schmidt Brewing (Irregular)—
2c
General Baking $8 preferred (quar.)
—$2
General Cigar Co. common——-X——
:25c
i
.7%preferred (quar,) —X;~—X——;-X!!
$l3/4
General Electric, Ltd. (Great Britain)—
•
Ordinary registered —-X—
,—//
10%
9-
1
8-14
)-7%
1
9-
1
8-14
St. Paul Fire
8-5
St". Paul union
..
.8-20.
:
9-
-
9-19
8-12
9-1
Amer.
I
'
—
__X
—'
8-15
dep. rets., for ord. regis———w
Bonus'
XX
—
pfd. (quar.)
.
General Steel Castings Corp. $6 conv. pfd,—
Georgia Home Insurance
!'.'"E,xtra
(s-a)
—
Great Southern Life Ins. Co.
Greene
9-
(Texas)
Copper—_
Cananea
Gulf Power Co. $6 pfd.
(quar.)—
8-
Monthly
7-10 "
9-
8-24
I
(tlOc
$1(4
8-19
9-
1
I
9-21
9-
1
8-14!
9-1
,
9-
8-15
7-31.
7-15
7-. 5
15c
-15c
15c
8-28
8-18
9-25
9-15
—--
■
,8-
1
Indiana
Associated; Telephone $5 pfd". (quar.)
Indiana
Steel
Products
Le
Tourneau.Xnc, com. (reduced quar.)—
; ;$4(4 conv. preferred (quaT,)———^X
8-15
8-
9-
1
7-15
7-28
8-15
8-
1
7-20
8-
3
7-25
10-1
8-10
8-20
7-31
\
Lone .Star
.
.
■
8-15
9-1
9-15
8-31
9-
8-
9-'
8-11
'
'
8-11
9-
10-
-$2
.
.
9-15
Minneapolis Moline Power
i
u$6(4
convertible
Implement—
preferred—-
Monarch Life Ins. Co.
.
<9.
(Mass.)
(s-a)
Morris Plan Co. of R. I,
(quar.)
Mortgage Bank of Colombia—
Amer.
shares
(irregular)——!—
»
8-15
.
Cement-
A-15
.8-15
8-5'
8-10
■•7-r'lS
—
'
7-11
"
7-27
8-!5
...
7-29
8-10
7-31
8-15
8-
8-15
Amerex Holding'
1-
American
7-17
7-31
r
1
8-13
8-1
7-23
1
7-31
8-15
-
7-31
-
8-
pfd. (quar.)
75c
8-
8-10
7-31
8-31
8-
9-
1
8-
8-14
8-
-
•
3
'
;
'
.
'
8-15
8-
1
:
8-14
8-21 :
8-18
8-15
8-15,
8-
9-15
,8-15
1
9-15
8-15
7-31
7-30
8-6
6
8-15
8-
8-15
8-6
9-15
8-22
When
7-25
7-15
8-
8-
8-15
8-15
'
12-19:
9-21
7-10
8-10
7-21
'9-15r
9-15
9-30
12-31
12-15:
■12-31
12-15
1
1
9-12
■
8-20
9-
8-15
8-
5
9-15
9-
8-
1
7-17
f
25C
8-
preferred A
Go.
of Georgia—
Co.,-7%
preferred A> (quar.)
American Home Products
-.Extra
,
8-
1
7-22
Traction,
?6% -preferred (quar.)
7-20
7-23*
1
•
7-20
1
7-20
8-25 •
(s-a),
1
11-25
8-
1
7-20
$1 (4.
(quar.)-i.
8-
8-15
•
8
20c
8-
1
7-14*
25c
10-
1
9-
5c
k-!
com,
12-
50c
•
30c
37 (4c.
10-
9-
1
8-
1
3 '
3
7-15
8-1
,
1
8-14
1
9-15
7-31
7-15
7-31
683/4C
}19c
t$ 1(4
8-15
(s-a);
inc. $2.75 preferred
F.:)
—-
.
(quar.)—
1st. pfd.'—-—
Linen
Mills,
1
8-
7-18
8-
1
8-
1
7-15
8-
1
7-17
8-
1
7-22
8-
1
7-22
8-
1
7-24
7-31
7-10
8-1
7-15
8-
1
7-15
8- 1
7-13
9-1
8-25
8-
1
7-15
8-
1
7-16 T
8-
7-15
(:38c
$20c
1
■
:
1
7-15*
8-15
7-31
8-15
,7-31
8-15
7-31
8-15
7-31
8-
6
7-22
8-
1
6-30
,
.
8-15
8-
9-
1
8-15
.
9-
1
8-18
v
$8- 1
f$2
Co.,..common (quar.)—X—
((juar.) —!——!——,_!!—.
7-15
8-
,
.
7-15
8-1
75c
37 (4 o
62(4c
(quar.)
7-15
.8-1
l$l%
6-30
6
8'
I
7-10
v
8-
1
7-10
...
■7-31
$37(4c
$$1(4
6-27
10-
1
9-15
7-31
6-30 *
$$1%
$4c
$4c
$10c
7-31
6-30
(quai\)_r—XX—X-—$25c
8-15
8-
8- 1
6-30
.
non-cumulative
preference
8-
1
7-15
8-
1
7-15
8-
B'
1
CO.
(s-a)——,
preferred
preferred
—.—:
_—
_—
—
(quar.)—
;
'
8-
1
$$1
8-
1
65c
5c
—.
—-'
———!——
Insurance
2%
$$1
(s-a)-'
Canadian Wallpaper Mfrs., class A
8- 1
7-18
1
75c
,8,
1
8-15
7-31'
7-31
7-16 '
7-16
7-31;
Light & Power—
7-15
(quar^)——X—————
$1%
(quar.)—X,——
—$1 (4
7-15.;
Central Coal & Coke—
interest___
Liquidating
Cold Storage Co. (ouar.).
—Central Hudson Gas & Electric, common—
Central New York Power Cqrp,—
5%.
preferred
(quar.)——w
—.
pfd. (quar.)_—
6%
preferred
7%
preferred
7% preferred
—
(quar.)
—
$2
$10
40c
,17c
$1(4
$1(4
t«&l
$1'(4
f$1.16%
$1
preferred (quar,)—$1(4
Century Ribbon Mills, 7% pfd. (quar.)_-i
$134
Century Shares Trust
—
X~
42c
$6
1
,$l3/4
(s-a)
910-
1
7-10
(Forest Hills)
pfd. class A (quar.)
Central Vermont Public Service—
8'
7-22
7-15
Central Railway Signal,
9-
$1
$134
8-14
1
8-20
Central Power & Light, 6%
.
preferred (quar.>
(monthly)-:
i
Light &
(
pref, A (quar.)
(Newark)
j:
,
1
(s-a)
American .{'Envelope
American -Insurance
.
7-10*.
8-15
•7%
1
7-15*
8-
75c
American Equitable Assur. Co. of N. Y.
2
7-17-,
7-31
American Can Co.' /reduced quar.)—
American "Coach & /Body* (irregular)
t$2
7-10
'
1
1
1
8-
'
16c
75c
Inc;
Central
50c
1
8-14
9-
50c
A% preferred ctfs. ;of beneficial
'9- .1
9-30
37 (4c
9-1
(quar.)—-XX———X-
;$6
.
r
$1%
s-a)—---
1
$1
Brass-.:
Cedar; Rapids Mfg; ,& Power
7-31
1
9-25
,50c
8-14
Fund,
Central Arizona
50o
f
7- 9
9-1
$1
62 (4c
75c
1
8-1
Extra'
7-25
8-
8-25
8-
8-
7-31
Carolina
10- 1
12(4c
8-25
1
8-15
75c
10c
50c
..Class
7-17
,
1
9-
*
62V4c
*4%
12-29
•
7-15
9-
$1(4
7-15
1
1
7-25
1
8-
Canadian "Pacific Ry.-r-
15c
8-
8-15
8-
(quar.)
Canadian ,Oil; Cos.;
•
9-15 r
1
7-31
——
Class B
(quar.)————
Canadian/En vestment; Fund, special: shares-'Ordinary shares1
Canadian .Investors Corp. (quar.)X———
7-24
1
»
8-15
■
Edison Co;
;$7
.
—
&
5%, preferred
Of Rec.
9-
7-31
Canadian Converters L$d. (quar.)——$50c
Canadian Foreign Investment 8% pfd. (quar.)
$$2
Canadian Industries class A (quar.)—
$$1(4
Holders
Payable,
9-1
'
8-15
$15c^
a——^
Canadian Bank of Commerce
10-1
7-18
—
9-5
JL,
1
Calif^ Water Service .6% pfd. A (quar.)
."37(4o
.6% preferred B (quar.)_———_——37'4c
Callite Tungsten Corp.
(irregular)—10c
Canada Southern Ry: (s-a)!—
—$1(4
Canada Starch Co., Ltd., 7% pfd. (s-a)——
t$3(4
Canada Vinegars, Ltd. .(quar.)—
$10c
Canadian/Bakeries, 5% partic. pfd. (quar.)
'$$1(4
7-15
-8-15
1
8-
—
9-15
10-1
10-
'
50e
1st pfd; (quar.)
:
2nd.partiC. preferred -(quar.)
Calgai7 Power Co.; Ltd., 6%'pfd. (quar.)—_
California .Electric Power, $3 pfd, (quar.)—
California Packing1 Corp., common (quar.) —:
'5%
preferred (quar.)—
—-!
-
7-21
10-
(quar.)
Aluminum
Cadwell
7-21
8-; 1
:
7-13
3
1
8-
•
7-28
Telep, 6%-2nd pfd. (quar.)
Broadway Department Store, common
»■—_
25c
*5%
preferred (quar.)
:
$1(4
Bronxville Trust Co. (N. Y.)
(quar.X
$1
Broulan Porcupine1 Mines, Ltd. (quar.)—f3c
Buffalo Niagara & Eastern .Power Corp.—
$5 preferred
(quar.)
——
$1(4
Bullock Fjund, Ltd,—*——————15c
Bullock's, .Inc., 5% preferred (quar.)_—
$1(4
Bunte Bros.,- 5%
preferred- (quar,)_
$1(4
Bush'Term.-Bidgs, 7% pxu,—
t75c
ByerS' (A. M.): Co., 7% pfd., accumulated-—
v
Representing the quarterly ; dividend of
/
$1.75 . due^ Nov. 1, 1940, .and interest
1
thereon to Aug. 1
$1.9031
9-15 *
9-10
1
10c
.
—
convertible
Bowser -{S.
9-19
,9-1
1
British Columbia
.7-23
94 1
uX—,
-
Bouleyard Bank
,8-22
'9- 1
1
7-
7-15
Hedges $2 conv. pref. (quar.)„i__
(John) &'6ons (s-a)— !-*
Boiirjois,
7-30
.
1
1
1
1
Boston
7-13
1
10-1
7-
8-
t$ll4
—
j——
8-
Boston
.
7-24
10-.1
1
fquar.i
1
7-10
8- 7
8-
Ami Co.,' class A (quar.)
"Class B'
(quar,)— j
—
)
5
7-25
9-
,
1st pfd.
Ties.:
7-31
1
8-
-$1
-
—————»_ —
Bon
7-31
.
1
1
7-21
7-31
9-1
30c
X25e
25c
-
1
7-15
1
8-15
—10c
w"'
1 10c'
(»-a)
———
„!_———:
Brummel
Bohn
,
-8-15
8-15
,
8-
American ^Discount
6
8-15
preferred «s-a)
6%'convertible preferred (s-a)X— -X
Blue Ribbon Corp,"Ltd.", 5% pfd. (quar.)—,
162(4c
Blue Ridge Corp., $3 conv. pfd. (quar.) l/32nd
share of common stock, or-optional cash75c
7-31
8-10
Insurance
—
Extra
5%
$ll4
$1(4
,
■
■
-
7-25
1
8-
■
7-31
8-10
,9-
7-21
>
7-15
1
7-31
Paper Mills, 6%
—-
7-23
15c
Barge Line; Co.
7
8-
(Phila.), $3 preferred (quar.)
Blaw-Knox Co.
(reduced)-^
Bliss (E. W.) 'Co. Common (Sra)—^v~-——
"
/reduced)
(
.7-
25c
Preferred
7-22
.8-
$1V4
-
CdrpZ (reduced
8-1
Black-Clawson Co.^common-(quar,)—40c
.25c
—
,
8-20
Blauner's
1
9-
•7%■' preferred /quar.)r__—,
i
7-31
1
—
8-10
'
•
J40c
;
Amalgamated; Sugar,? 5% pfd. (quar.)
Amerada- Petroleum Corp.' (quar.)
1
9-
(quar.)_
"
8-15 '
"
-
»
9-
is-a)-
$5c v
Best & Company—40c
Birtman Electric Co./ common (quar.)
25c
$7 preferred (quar.)
$l3/4
'
8-10
8-
t$l%
r-uu
—
6-26
(reduced)—_—i
.Extra
.8- 1
50c
cpreferr-ed' (quar:)/X'X
1
&- Wilcox Go.-
Bertram
7-31
87 (4c
^Common, (quar.) 1
8-
.
$$1%
•
/. .,•
--- -
,
^$2(4
$1(4
5c
7-20
Benson &
25c
T
Ahiminum» Manufacturers, common (quar.)—
.7-21'
American
24c
7-31
50c
'X
, (quar.)
S.) Company ..(quar.)
Alpha / Portland.
7-31
8-1
7-15
$4(4
*
1
$1(4
-
7-20
8-
•;
7-
Beatty Bros. 6%
9-10
.
! Par
share.,
perferred
(A.
-
.
7-31
3i(4c
—.
Line Ry,
>
1
Beau
8-15
$1%
—
,
7-20
8-1
•
7-17
20c
—_
American Export Lines- 5%
t$l54
$1(4
$1
1
.8-20
50c
,.
•.
.>PrMenedr^quar4)i4Xx---uTX^X-X»----'
Aloe
1*
/
-
preferred
7%
>-7'%
7-29.,
:■
.■!!!/■
•
"Allentowh^BethlehemGas Co.—
9-21
"
8-15
-
—
;
-9-19!
>
1
8-22
'
•
8-25
.
'
9-1
t20c
$$3(4t$3(4
(quar.) _/X-.
Alabama Power Co.r*$5 pfd.. (quar.X_^„_r-.
Alberene Stoiie Corp. ,of Virginia (irregular)
Albera Super Markqts, Inc/preL (quaT.X-^
.
8-1
par tic. pfd. (quar.):
7-20
,
9-1
J20C
-
8-21
9*30
50c
87(4c
>
Meadville.Telephone ;Co.. (quar.)
37(4c
Meier & Frank Co. (quar.)
•
l?c
Mercantile Stores -6%: pfd.-(quar.)
$1%
Michigan, Central RR. (s-a)-—;
$25
Mich'gan Sugar, Co., 6% .pfd——j.
• t40c
Midland Grocery Co—
—
$3
Midwest Rubber Reclaiming common——
50c
\
$4 preferred (quar.)
,
,-y
$1
Miller & Hart $1 prior pref. (quar.)
—25c
.
-.7-21
r
8-31
;
8-14
7-31
8-
announced in previous
Straus.' inc_—_^-!
Corp.
—_X'-.X—
Agnew-Surpass Shoe "Stores,^ common is-a)w~
8-101
7-31
$1
Name of Company '
8-14
$1
$1(4
.
Abraham i ■&
8-10
9-
.
7-15
1
1
7-25
^
9-
25c
*$1
Adams-Millis
8-20
,
$1(4
„^on Metal Products 6%
.Mackintosh-Hemphill jGo._—!
Massachusetts Bonding, &; Itis. Co. .iquar.j—
1
.
,
.
k
8-20
7-22
"7-25
$1%
30c
+
99-
_X
Corp
■■•/./,X
'8-10
1
99-
16c
Bangor Hydro-Electric' (quar.)X*!
!'
Bathurst Pwr.i& Paip. Co., Ltd. ■ol.*A (quar.)
Bayside National Bank of N. Y. (s-a)—^
7-31
>
8-10 '
1
9-
8-
$1(4
t$23A
,8-24
Canadian Bronze
.
t35c
7
1
8-15,
—!—20c
Louisiana.,Land & Ekploration-Co.-!——1—
:
10c
LukenS Steel Co. (Irregular)—X__——
5 30c
Luther Manufacturing .Co.——X——
$3
Lynch Corporation '———X—
50c
Gas
19-15
1
9-1
8-1
8-10
•
—
preceding table, /
7-20
,7-
1
weeks and not yet paid. The list does not include divi¬
dends announced this/week, these being given in the:
9-10
8-25
7-20
1
8-
Extra
8-11
"
preferred
BeloW wfe give the-dividends
1
8-
'
.
•
(s-a)
|
1
8-
$1
-
8-1-
8-20
..
'Common'-—X!x-XX!-X-uX_^——X_X!;
t8% preferred (quar.)——r————- /
.
7-17
8-
(s-a)
j
;
1
,
17-28
8-15
•
preferred
2nd
7-15;
1
7-31
8-
5(4%-preference;(quar.)—,—
7-27
7-24
10-
''-T0c:
-
—-X—
(s-a)—
Youngstown Sheet & Tube—
.Common (reduced, quar.)—1-X—-X---—
5(4% preferred A; (quar.)/—XlXXXX- "
7%
Charlotte Air
Baltimore ^American
7-16
1
8-1
30c
,
7 %>■, 1st
5
8-14
1
8-
Libby-Owens-Ford Glass
Life Save^ Corp.* (quar.)———X——
40c
Liggett & Myers Tobacco common (quar.)-!75c"
/.Class B-common (quar.)i_:—/
——75c
Idnen"Service Corp. of Texas $5 pfd. (s-a)_$2*4
Loblaw Groceterias, class A (quar.)——
25c
) (Class :B v.(quar.)_^X--——XX:!-XX' '•
• 25o'
Lock Joint Pipe common—4.!!^—— '
$1
( 'Common X—XXX—!--cX——X-!X!; •
$1
.
7-22
1
62 (4c
Babcock
9-
.(quar,).———
preferred/(quar.)—
i.—
White!(S;5S;(".Dental:^MfgX-XXXX;WiilimantiC Gompany ;(s-a)!-i—-XXX—!
York iKnitting Mills ;commoh (interim/-Wr-
8-' 3 !•
7-30
30c
; 25c
$1(4
25c
——
7'4
8-
,
7-31
.
Z— i__—-—-——-—!
!
,
7-20
$1
X
Macaroni
,
.
Westinghouse/Air Brake Co,—:—
Whitaker Paper/common, (quar.l—X—lo—'
•
9- 2 '
!
8-31
JOc
25c
$2
$1(4
8-
J
v
7-15
preference
7-22
7rl4 '
9-1
6-16
'8-
.
———
TExtra.
7-21
Ault & Wlborg Proprietary, Ltd.—
8-15 y
1
9-15
-
1
7-22
,
,
8-
Westchester -Fire Insurance
1
-
6
$2
7-22
9-21
.
(quar.)——
,
8-12
•
——
Company
■■
8- .1
$1(4
12 (4 c
Co..——,—- f
Inspiration Consolidated Copper——^—
■
25c
Ingersoll-Rand' Co.
X-X—X.;!'X'-$1(4
International Coal, & Coke 'Co., Ltd.——!X
tlVzC
Internatioftal Rys. of Central America—
; '5%
preferred ——:
————-XX:',. t$l(4
International Safety Razor class A (quar.)—
60c
Ironrite Ironer Co.
(irregular)—
20c
Kable Brothers Co., common (quar.)——
"
5c
i (6%
preferred (quar.)!—!—-—
i——
$1(4
Kellogg &' Buckley (quar.)——'
50c
Kellogg Company
X_^—25c
Kentucky, Utilities Co.--7% junior pfd. (quar.)
'87(4c
Kerlyn Oil Co, class A (quar.)_————
8%c
Kinney (G. R.) $5 prior pfd.———Xt$l*/4
Knickerbocker Fund (quar.)———8c
Lansing
,
.
8-ld
5%
ordinary shares—-—-—-
7-30
7-20
.
.
;
1
7-31
8-10
$13A
Co., Ltd., $1.25 pfd. (quar.)
Topeka
-Santa Fe Ry.
Co.—
Atlantic Rayon Corp., $2.50 .prior,
Atlantic Refining Co.—
8-11
7-
8-29
9-11
8-12
,
4% tconvertible preferred A (quar,)—
Atlas cPowder Co., 5%. conv.;pfd. (quar.)—,
v
7-
•>.
8-30
7-29
8-31
Atlantic
8-1
7-24
„
:
8-12
1
8-10
.:8-ll
8-5
25c
$1%
50c
.75c
15c
: 25c:
,
$3
—
.
10-20 4
t5c
—
•
,
,
• " 40c
Hooker Electrochemical Co. Common (quar.)!
j <6% preferred (quai!,)—$1(4
Hotel Barbizon, Inc. common vtc (quar.)X
$2
Bay Co.,
Electric common (quar.)—
{
(quar.tX——XX—X/ '/
Fuel
&
,
7-27*
7-31
8-
8-
Atlantic City Elec.^. $6,* pfd. jquar.)
7-20
•
ValspAr Corp. $4 convertible preferred-—X.'
t$l(4
Vogt/Manufacturing :Corp. .(quar.)
20c'
Vultee Aircraft $1.25 conv. preferred (quar.)
31 (4c Wabash
Railtoad rC6.
preferred
(special)
.(representing the equivalentof a full year's
..'.dividend)XX—————:— '• : $4Va
Waite. Amulet .Mines (interim)
/10c
Warren; Fdundry SsPipe. Co—i—— /
50c
West Virginia "Pulp?&:Paper 6% pfd. (quar.)i.
.
$1(4
10-30
Atlanta
1
9- .1
■.
Investments, Ltd.—r
•
6% class A preference (quar.)—
t75c
U; S. Playing tCard Co, (quar.)———,.
50c
Vagabond r.Coach Mfg. Co.—
—10c
8-14
10c
t75c
-—.—
United
.8-15
•
1
8-15
8-1
9-
,
Z$l(4
(John R.) - Co. (irregular)
—
300 Adams'Building
(irregular)
—■—X
Trane Co.. $6 1st preferred, (quar.)-——-—
10-
7-15
7-15
8-12
t683/4C
10c
Tel.
5%; nontcum. preferred
Common (Increased)
7-21
9- 1
i
(quar.')—v—'/ : .25c
! 30c
Taylor & Fenn Co;_!X———-J—
-!X—,
Texas PacificiCoal & Oil (quar.)—X!—i
/
' 25c
:
V. - Monthly
!-!!_-—i-XX",.1;
HollingerXConsolidated Gold -Mines, Ltd.-r- :
-•
<
-Monthly
—XXXi.ii——X'XX
Hudson
•
Syracuse Binghamton & N. Y. RR. (quar!)—.
7-10
25c ■'
(monthly)—
X-——
•
7-31
;
,
—X
8-
$1(4
x—
Atphison,
,
7r31
1
25c
$2
'.37 (4c-'"
-^_!—_^-r!—
Standard tPro0ucta Go.— X^—^—/,—/-«
Stein
(A), & Company—_X
—X———,■<
7-20
''
$1(4
•
Harvill Aircraft Die Casting Corp.——
Havana Electric & Utilities, 6% 1st pfd—X
Hibbard Spencer Bartlett & Co.
1
8-15
34^0
——
pfd. B (quar.)-!
7-20
6
8-20
25c
Thompson
Stores;i- (quar. i.;;xr—• ;
Hallnor Mines, Ltd.,.(quar.)
—
Hamilton Watch Co.,: 6% pfd. (quar.)——
Ltd. 5'i
1
6-30
Extra 1.
Associated
6-30
7-15 "
-
Skelly Oil ,Co.; (irregulari __!
South Bend Lathe .Works—!
.
8-1
8-
75c
* Bros:
-Hawaiian Electric,
1
8-15
35c
(quar.)
8-
,
,7%, preferred
7-28
.
Inc.
Sioux City-Gas &
7-28
4
8-15
:
7-15
,8-
62(4Cv
.
(quar.)^
stock:'Yards——
*
7-27
,
Badger
Xx»..
——
7-24
.8-15
25c
——
Co.
8-15
-
8-1
30c
Sferra Pacific Power, cqmmon (reduced)—_
'6%' preferred, '(quar.)— X!!X—!!-/
J:7-27;
.
9-4
25c
>
Griesedieck Western Brewery—
5lhconvertible preferred (quar.)—
Hile
.8-28
X—15c
Great Lakes Dredge & Dock■'(quar.-)*—XX-
'■
X
/ 7-27
8-28
:
10%
*' 7Va%
$1(4
t$l(4
50c
.
;
—
General Outdoor Advertising, 6%
j
Servel,
:
/ 7(4%"
——'
& Marine Ins.
4
Security
"
Bonus'
;
,
9-15
Conv.:
7-17
.9-1
Sqars-Roebuck & Co.- (quar,)——X-X x„
;
75c
First' Natl. Bank. (Los Ang.)—
Reduced.quarterly
50c
Security Insurance, (New Haven) (quar.)_
,
35c»
Sedgley (R. ,F.) Inc. .(irregular)—X—^X-'—-"!'5C:'
.
1
8-
10-1
.
.
8-14
I
8-15
•
"'
■$1
'
7-20
8-
t$l(4
$3(4
loc
f4c
—
15c.
——
7-30
7-17
,
-
7-24
1
8-
8-15
'
——
8-,l
,$1,,
,
I
8-28
,
7-20
8-
t$2
4(4% preferred (quar.)———_v_—
Appleton Company,' common.u,
T/o preferred (quar,)
X——
Asbestos Mfg.; $1.40 convertible preferred—
Associated Dry Goods, 6% 1st pfd. (quar.)7%/2nd prefrred:——;
Associated .Insurance Fund (s-a)
£-28.
,
8-20
-
-45c
'
Rustless Iron ■&,Steel .common, (quar.).—
7-25
8"
.
8-27
8-5
1
*
7
7-17
9- 5*
—^
.
8-1
,
,
8-10
8-
9-21
Randail .Cd., Class A ,(quar.)--———.——-,,} : 1 ,y 50c
Reed-PrenticeACorpi!commQn——!-X-_!
$1
7%'..preferred:,.(quarOX-X—x-!!-XXX ' '.87(4c
Reliance Steel, 7$1.50 Conv. .pfd. (quar.)—-*
37(4c
Rice Ranch Oil Co;—!—
lc
Rohr/Aircraft sCCrp. i(San Diego) (extra)-—_
25c
Royal Bank of Canada (quar.).
X'
t$2
.
7-22
1
——
A^>|»i;Merred/(quiar,)XxvX—__XX-—/$1.(4-
v,
8-io
.i:
.
8-15
.8-
Fall River; Gas .Works—
——— ——
v 40c
Federal Bake Shops, Inc.—. 25c
'
1
1
9-21
$1*
9-15
9- T.v
.
:
preferred (quar.)—.———.—XXX/
$l5/s.
Elfctromastery Inc. (resumed)-!-—Xj
•,:X5c
Erie& Kalamazoo RR. (irregular)
:XX$1(4
Esmond Mills 7% j>referred,r—^_—.T$1%
;
7-22
8-20
50c
Puget'Souqd Pulp 6$ Timber"6% pfd. (quar.),
Quaker State/OH Ref. CorpXXX-X/.
Quincy Market Cold Storage* & Warehouse—
'
,
Public Service"$6
Eastern Shore
•
Pljiilips Packing Co. (irregular.)!__
—,
Northern.Ry. (quar.)-X—Xr' /
Princeton -Water. Cp./N. J.f (quar.)—XX-'
Proprietary Mines,'.Ltd. (interim)-—;
7-21
1
8-
10-
50c
$1(4
—
-
5
1
8-
.
20c
.$lr/a
25c
Piedmont &
8-20
•,
.
•v
8-20
,
Philadelphia CP: 5%)preferred (s-a)
X—
PbiladelphiavSuburban . Water, common--/
6%,.^preferred, (quar.j!XX_—xX——,
8-
8-
common
(quar.)
Woolen Co.,
—
7-27
8-
15e
25c
25c
X-_*
Cprpt," Ltd/MDeljX „_X—^X-X-
;
8-15
50c
Petroiite
7-20
,
,
"
7-25
8-15
50c
$10
./25c
$1(4
10$
.
8-31
8-20
8-5
Peninsular7pjindingteWhefel do'.l^X^^XX—
... PepplesvThrift/A lpVe^tment rCo. com; (irreg.)
125c '
X .'.'.5%preferredr.(quar..)—,—XX-XX_!X'._; "'t$l(4
';
' "A
i
25c
$1(4
50c
preferred
7% preferred———
American ?inc, Lead & Smelting-$5. convertible prior preferred
Amsterdam City Nat'l Bank *(N. Y.) (quar.)Anchor Hocking Giass Corp., common.Anglo-Canadian Oil Co,, Ltd. (irregular)
Anglo Canadian Telephone Co.—
5(4%
preferred (quar.)
Aqglo-Huronian, Ltd, (interim).
Appalachian Electric Power Co.—
^
9-10
$2.25 /
(increased)!——
./
———
7-24
^!
r
American Viscose Corp.,
5%
$1%
50c
,
50c
pfd. (quar.)—
Thermos Bottle, com. cl. A (quar.)
Extra
9-15
:5c,,
.
6% preferred .(quar.)
■
Oqtboard Marine &.Mfg.. Co.—
Owens-Illinois, Glass -Cq.—-X——X
'
Paramount Eire Insurance,CO.
/
Parker Peri Co. (quar.)—X.
1—!—.!,__*
Passaic & Delaware-RB. gtd. is-a)
—_u' • •
;
1
5
Sugar Refining 7'/
American
.10c,
•
,
.
(
(qufr;)X„—
Otis Elevator. Co. common
i,
..
(Los
xXX /.■; 90c
'
$1(4..
4%'•-preferred G:(quar.)!—XXiX——xv' '' *'$1"'
V
8-14
9-
' • (quar.) 'X—.—X———*
4(4'/< preferred B (quar.)
/
8- 3
——25C
reduced semi-annual-
Consolidated Cement $1.40 class A
Consolidated Gas Rlec. Lt, & Pwr.
,
3
8- 8
$1(4
„
8-15
8-
8
7-31
—
'
,
3
9-
7-23
.
Central Foundry 5% conv. preferred
a
Central Ohio Light & Power $6 pfd. (guar,).
8-31
8-
.50c.
12Vic
$1(4
$1(4
7-
,
7
7-24
$1.40
Chicago, Yellow.Cab--.——X-~;!/,25c
Chile Copper Company
—/—— ——
50c
!
7.-31
.8-10
25c
;
-1--'..
,X.
7-30
6
American
Oswego Fails Corp.
(guar,/
(quar.)/—-
12- 4
8-10
7-
»
8-10
& Company^
Corp. common .(reduced)—-—.—
5%'preferred (quar.)
"
12-15
8-
7rl5
8-15
(A, fM.)
4
$13'4
7-27
9-30
8-1
(quar.)
Pulley Co.
8-31
50c
-
of Rec.
Seating Co. ——^
50c
Smelting & Refining, common—5oc
1','e 1st preferred (quar.)—.
$1^
American Stove Co. (guar.)
30c
10c
*
Holders
9-15
American
1
8-
When
Payable
(quar.X
pref.
X,
American
*
10-15
1
.
Caterpillar; Tractor
6
preferred
■
7%
$13,4
20c
Paper Goods,
American
7-21
8-25
Castle
Celotex
8-
9-
7Ve
8
New
i
7-23
,.
8-
8-15
25c
x!'/,/
Case Pomeroy & Co.,Tnc.-;—
:
I
(quar.)^
Casualty (increased s-a)__
New Brunswick Fire Insurance Co, (s-a),
Extra
—X
1
X—
7-31
American
8-1
New/Amsterdam
,9-15
.
8-10
8-10
15c
.
1
9-
,
England, Water Light & Power Assn.—
6% -preferred (quar.)!-——-.—.—. $1(4
Niagara Lower;Arch Bridger Co., Ltd.,-u—v
|50c
Noranda Mines,- Ltd.; (interim)
,
$1
North American Oil Consolidated (qua^.)—
15c
O'Connor Moftett & Co. class A,
:
t37i4c
Occidental Insurance Co. (S. F.)
(quar.)—
30c
Ohio. Casualty, Insurance Co. (s-a),.,
,
35c
s.
Per
9-18
(quar.)__
share
Name of Company
8-17
7-22
1
$$1
$$1
,
of Rec.
Motor Finance Corp. common
"8-21
9-15,"
8-
-—
-
Holders
Payable
*
"7-27
18-24
.
8T
„
class A
Nameof Company
$5 preferred'(quar;)——X-X-XXX-l-l.,
,,'$1(4
Muskogee Co,-6% preferred "(quar.)
!
.$1(4
National Acme", Copipany—"
„
50c
National Bearings petals common_„X_!—25c
1%
preferred (quar.)$1%
National Cash Register (qu&r.»>^..^_,
25c
National Chemical .& Mfg. (quar.)-—
15c
,
BragertEisenberg,. Inc. (quar.)__»r__, 50c
Buckeye Pipe Line Co".
X1
$1
Buckeye Steel Castings, common-,—
,rrr25c
i
6%
preferred (quar,)-.—
—$1 Va
Burroughs Adding Machine Co.*.-—--,
15c
Butler Brothers 5%. preferred jqu'ar.)—.37(4 c
Byron Jackson Co. (quar.)/—
*
25c
Callaway Mills
16c
Cambria Iron Co. (s-a);
$1
Canad,an Wallpaper Mfg.
Class B"
When
share
t
7-20
75c
Mills
Bourne
Per
of Rec.
«
j
Cerro de
Pasco Copper
Chain Store Investment
——
preferred
Chain Store Real Estate
Chase National Bank
9-
9-15
9-
1
9-15
9-
5
8-
1
6-30
8-1
7-10
8-1
7-15
8-
1
7-15
8-
1
7-15
8-
1
7-15
8-
1
7-27 ;
8-15
9-
7-31
1
8-20
8-1
7-20
1
7-17
8-
'
Corp.—
(quar.)—,
Trust (Mass.) (quar.)
Champion Paper & Fibre, common
6fr
preferred (quar.)
$PV?
$1
1
9-15
(NY)
(s-a)—
$154
20c
25c
$1(4
70c
8-
1
7-15.
8-
1
7-20
9-15
8-31
10-
1
9-15
8-
1
7-10*
THE COMMERCIAL & FINANCIAL CHRONICLE
Per
•
••'■.
flame of Company
'
Cfcerry-Burrell Corp-,
5%
preferred
Chesapeake
(reduced)
common
When
Payable
Chesapeake
of
each
share
and
1/10 of
7-31
7-23
Falstaff Brewing Corp.,
6'h
Company
Cincinnati
RR.
Inter-Term.
$ii/2
57c
preference
pfd.
Columbus Foods,
.
$iy4
7-31
7-16
7-31
7-15
Lanston
$1
7-31
7-15
Lawyers Title Insurance Co.
7-31
7-15
Field
7-25
8-15
7-27
9-30
9-
8-28
8-12
i2yac
-
$1.06 v*
25c
Quarterly
7%
Commonwealth
Investment
Ltd.
7-
t4c
8-15
(quar.)
(quar.)_.
'
v
;_™'
(N. H.) Gas, 7% preferred———
Confederation Life -Assurance iTorontot-
Quarterly
Quarterly
55c
pfd.
Inc,—
Industries,
preferred
Oil
Corp.
5
7-
1
General
9*
1
; 8-15
General
Metals
Mills,- Inc.
1
6-26
—
$l7/e
1
7-15
—-
i2y2c
8-15
10-
$2
(quar.)-
pfd.
1
8-
1
preferred
8-10
9-15
25c
Class
,8-
1
10c
t$l%
*
8-
8-
B
8-
Co.,
(quar.).;
'
^
60c
8-1
8-15
7-30
Ltd.
Lakes
Green
7-24
f5c
quar.)
7-18,
r
1
7-25
;
1
8-
.7-27
7-10
,
$1
—
J40c
.
(quar.)..
7-
8-15
7-31
37y2c
8-1
7-14
$1
t$l3A
(H L)
pfd.
Cfown
C#own
Seal
&
Ltd.
Co.,
Cfundin-Martin
&
Port
County Power & Light
preferred (quar.)™
BVz r/c.
8-
6
1
-
8-13
9-30
9-18
3
8-
RR.
9-30
9-15
9-30
9-15
10c
,
10c
11- 2
7?22
-
1
7- 6
•
&
: T-20 /
.7-15
'
8-25
/ 8-14
9-
Dallas
$6
Power
&
9-10
8-24
12-10
11-24
9-10
8-24
12-10
11-24
1
7-25
'
60c1
15c
25c
128-
$2
8-
$l'/2
8-
7-17
37y2c
7-25
6-30
">y;' 250
7-28
5-29
8-28
7-28
—
(Del,), class A (quar.)
$3
Irregular)
(
Louis Ry.—.
$4V
(s-a)
preferred
(s-a)
'
;
.
Hires
37y2c
8-
1
7-20
Holly Sugar Corp.; common
"
$2 cumulative preferred A
7%
preferred
$l'/8
9-15
9-
1
7-30
7-
5
$i%
8-1
7-17
Honey
8-
1
7-17
(quar.)
$VA
.
.
7%; preferred
25c
8-
1
1
1
8-
1
7-20
•
10-1
io-
12-23
preferred
Diamond
12-23
$1%
;™~™
*
A
9-
5 7/10c
8-
1
1
7-
Bonus
,
Ltd.
ord.
10-
12-19
12-23
:
75C
10-
1
9-
12-23
7-20
8-14
9-
Dbn
&
Common
16
7-14
iy?c
8-
1
62 y2 c
10-
1
9-10
35c
8-
1
7-27
50c
8-1
7-27
25c
7-31
7-17
t$2y2
8-
1
7-15
my2
9-
1
8-20
7-31
7-15
,
7-15
J30c
noc
7-31
t50c
15.50
$6
(quar.)
Smith
,
Extra
.
Gregg 7%
Fairbanks. Co.. common
6'io
preferred
75c
7-15
1
7-15
67r
(irregular)20c
^
Corp.,
i
v:,:
,
Inter-City Baking Co.,
-
10-
1
.
1
8-
1
G'!o
8-20
8-
1
1.
.
88-
1
7r21
11-
1
9-10
8-20
Investors
Trust
Participating
8-1
7-
8-23
,■7-23
$l>/4
;
6
8-1
7-
$iy2
8-
1
7-6
"30c
8-
6
of
Co.
Rhode-Island—
preferred
Quarterly y
15C
7-15
8-1
'/■'
-
y •
1
7-15
8-
1
y
8-
1
7-
8-1
.
vtc.-
- -
—
y
•
30c
30c" '
7-21.
1
1
7-25
30c
11-2
10-24
25c
7-31
7-17.
Co;—
:
Jewell Tea
4lA7c
preferred
Kalamazoo
Kaufmann
—
$iy4
10-
1
9-11'
(quar.)-^_____i.___^i.-l-;-i
Co., Inc., 4*A% preferred (quar.)
preferred
Stove
•l-l
'7-15
7-15
8-
1
1
8-25
...j;..;
1
9-11
Kerr-Addison
8-
1
7-25
Kines
8-
■Klein
$4
1
7-25
9-
1
8-21
Sift.
12-
1
11-20
5Hp-
Gold
County
(D.)
Mines
Trust
Emil
preferred
(quar.)___
iirregular)
—
Co.
8-
1
7-15
Kokomo Water Works.
8-
1
7-15
Kroger
10c
Sift'.
Grocery
8-1
7-22*
bk
first
1
7-22*
7Ho
second
8-
6%
& Baking, common
preferred
(quar.)
(quar.)
_
(quar.
preferred
.
25c
(quar.)—_______
"7- 7
7-31
7-7,
8-11
1
7-25
,
.
$1V2
50c
-
A
8-
1
7-15
11-
1
10-15
34%c
Chemical
Co.
of
America—
sift
Co.
(quar.)
common
10-16
7-25
8-15
6Ho
Linen
Service,
Paper
preferred
Type
9-11
12-15
12-11
pfd. B
$5
9-28
8-
15c
'
12-
7-15
8-
7
11-10
8-31
'
1
8-14
50c
7-31
10c
..
7-15
1
'9-1
15c
$1%
9-17
12-17
8-1
5c
;
9-1
8-
7-15
8-15
-
1
"7-11
9-15
.50c
8-29
1
7-18
11-1
;
10-17
8-
75c
;
—
(quar.)_™
.
(quar.)
:
8-
1
75c
■
U-
1
50c
8-
1
8-
1
7-22
10r30
1(^20
.,.2c
i
(quar.)L
pfd.
7-20
12-28
Sift'
(quar.)—___y™
9*
.
7-18
10-17
'
7-15
Sift'
,
-
(s-a)
8-1
7-17
10c
8-15
7-31
10c
,y_
8-15
7-31
9-
8-20
$2 ft
*
(s-a)
&
1
25c
—_____________
preferred
3
8-
9-15
150c
preference
National Lead Co.,
9-
$lft
—y'.
.
„$3ft
1
9-1
8-20
8-15
7-31
Co.—
(s-a);
_________
(s-a)
-
Power & Light Co.
$6
—
pfd. (quar.)
..SI'A
.
25c
-8-15
SI ft
8-
8-
1
8-
7-31
1
1
7-15
National
8-11
11-1
1
56'Ac
(quar,
New
$1%
8-
50c
7-11
o.iq.
1
12-31
lc
Fdy._______™
8-1
•'
7-20
10-
25c
(s-a)
7-20
9-1
1
50c
■:.
________________
Y.)
National Liberty Insurance Co. of Amer. (s.-a)
-.Extra
National
1
1-2-43
40c
4,/2%'pfd.
National Elec, Welding Machine Co.
; Quarterly.
Common
8-
10-
sift
'
7-20
10- l
6-3U
8-1
Sift
,_y.'
1
$1 lA 1
7- 30
8-15
-
"
Aluminum
&
Brush
$3 -convertible
,5%'
7-13
■75c
(quar.)_i
A- 4quar.)_'
•
1
8-26
J38c
A: (quar,).A_y
$7
8'
^
(quar.)_™_y__y_____™_;
1
9-21
1
50c
preferred
National
7-21
10-22
1
8-
$lft'
y
(St. Louis)(quar.)
8-
1
9-
:
8- 15
.Quarterly
National
1,
' $13A
:
Bank
,$3 conv; preferred ;(quar.)—
Nattonal Distillers Products^ Corp.
*
2
"yv,;'yy-/y,
(quar.)
(quar.)______
(quar.) ______
8-
lfl-
7-15
8-
11-
V2'Ac
(quar.)
(quar.)_y;
Savings & Trust Co. (Wash., D.C.)
Quarterly •
J___
National Tea Co., 514% pfd. (quar.)____
Neisner Bros., 43A% preferred (quar.)
Neptune Meter Co., 8% pfd. (quar.)
8-
25c
-
7-10
8-28
$20
1
Inc.—
Class
(Class
,
62V2c
of N, Y. (s-a)_
preferred
7-31'
5C
1
7-13,
7-28
—$1(4
(interim>__—___
(quar.—
$1%
1
15c
(irreg.)
(quar.)_—
Co,
7-18
10-17
88-
-
10c
Company, 'common:—____
Knickerbocker Insurance
50c
—
10-
Sift
pfd.
(quar.)_~_—r
10-
$2
9-11
(irregularl__
Kellogg Switchboard & Supply, com.
5% preferred (quar.)—
$iy2
1
Stores
1
15c
8-
7-18
37ftc
7-15
9-
$1.06V4 '
7-17
___™____________y___
National City Lines,
11-10
$1.06'A11- 2
Furnace_______L___—_
Department
$i%,
—
'
8-10
1
8-1 '
$1*A
(quar.)_______—:___y—,
&
Plan
National
7-21
9-1
12-
Ironer, common :(quar.)_i.__-i_^__
-;10c?
Dreferred (quar.); 20cv
Jantzen Knitting Mills, common___'l.l__'___^_ :
10c
1
2'Ac
pfd.
Dry Goods Co.
.Class
8-
r
8%
5%
$7
preference
.
National Bronze
2
'
,
:
8-1 ;i 7- 9,
Ironrite
*
T"
"
«
37V2c
8-
t$lft
(quar.)___^,
Nation-WIde Securities Co., (Colo.) series B
National Automotive Fibres 6% pref. (quar.)
-6%; preferred (quar.)________—__________
National Biscuit Co., 7Ho' preferred (quar.)-'.
•/
(quar.)
common
'
$l3Ay
7-18
$1
pfd.
National City-Bank; (N.
87'/2c
1
(quar.)__
$6
Narragansett Electric
7- 2
8%c
i
1
(quar.)
Water
participating
6%
;'
$13A
(quar.)___________________
Iron Fireman Mfg. Co.
■
(quar.)"
(quar.)—_
Canada,-Ltd.—
Department Stores—
""
*
y '77c' preferred (quar.):____-_i.-_-_________^__
12-17
\ 37'/2c
f$lV2
1-4312-20
1
8-
Society, bVi%
Power
6%. preferred
Interstate
.
10-20
12-27
of
Consol.
Loan
Mutual
7-15
8-1;
-
l8-
(s-a)
Steel, class A partic.
participating
(W. R.)
5
y a
•
(accum.-
Co.
A
Drop Forging,
■
V- 9-22*
8-1?
$$ll/2
>•
($5 par) \ (quar.)
Utilities Corp.,- $3V2 prior pfd.
(subject-to the approval-of the SEC)____
1'
15c
•
International
8-15
1
Nickel
preferred
preferred
7 7o
7-13
9-30
8-
15c
preference A
conv.
International
5
:
Pressed
Quarterly
y
7-15
•
Haven RR.
7-21
9-
(accum.)v—/"
sift
25c
A $1%
:;
:
Mutual Bank & Trust Co.
8-
Industries, Ltd.—-
'
Moore
6-30
10-10
pfd. (quar.)
(irregular)$50c
International Machine Tool-Corp.-(reduced)
y
-25c
preference
9-20
7-25 :
7%
conv.
7-20
1
7-25
Ltd.
International Metal
1
1
Business
(quar.)
8-
10-
1
Holdings,
1
6
20c
.
Hill & Schuylkill
Morris
Harvester
1
12-
12-
Sift
7-31
t$iy2
$iy2
1
9- 5
9-
*
Moore
International
Corp.
Quarterly
$3
9-15
1
1
12-
(NY) —
8-
8-
,
I
9-
5
(St. Louis)
8-
:
9- 5
12-
—y
Moody's Investors Service,
.
40c
$iy2
-
-
;
Ltd
Mach:
Co.
Ins.
_y_
pfd. (quar.)____
(quar.)^£______™™
Montreal Light, Heat & Power, cons, (quar.)
y
International
:
25c
(Cleveland)
(qua-r.)_____
Mount Diablo Oil Mng. <fe Devel. Co. (quar.) :
Munising Paper, 5% 1st pfd. (quar.)
,
.0224c
common-________-,
-
(quar.)__x,_._i.______/_____
.
Montana
7-11
7-30
& Trust Co.-(St. Louis)—
preferred
30c
Monroe
■*'
—
$1
Interchemical
8-15
•
$l'/4
•y
•
;
(s-a)„
„—
Coe &
1
15c
Erie RR. $5 preferred A (quar.)_^__
$5 preferred A (quar.)
Elireka Pipe Line
Faber
8-
10-
.
■t.V
v
Pittsburgh,
(quar.).;;.^..^.^,
(quar.).
Co.
(Toronto)
Securities, Ltd.—
Insurance group shares
77e
$3
preferred
preferred
Kppens,
8-20
ma'a
—,
preferred
9-
UOc
Employers Group Associates (quar.)—.:
$5
Co.
Institutional
7-15
40c
Service
1
8-
Quarterly
7-15
(quar.).
Public
Assurance
Industrial Bank
Sfluployers Casualty Co. (Dallas, Tex.) (quar.)
Quarterly :
Engineers
8-
7
8-1
6%
.
pfd.
•_
8-
Life
(quar.) ____y;_y_____„___™
Monmouth
7-15
VA%
V
$5
$13A
$iy2
(quar.)____
7-17
25C
Class
9-21
■y
7-17
A 8- 1
30c
Moline
7-21
1
9-30
.
$I*/4
:
Shore
&
preferred
1
9-30
8-
1
37ftc
12-31
(irregular)
Dkctric Bond
8-
,•
;-y
7-15
$13A
8-
>y_yy™_y_y™__™
8-17
10-1
".
Co. of
15c
y.
-
Mississippi Power & Light, $6 first pfd.____
Mississippi Valley Trust (St. Louis) (quar.)
1
7-17
50c
$iy»
(quar.)________y_________™
7-15
t25c ;y•
(s-a)_L
.
(quar.)
•
1
7-17
1
(quar.)
Mine
8-
1
8-
preferred
preferred
7-31
9-
,
$iy2
y
.
(quar.)^__™______'_l___—
-■
8-1.
$iy2
^
{quar.)_..™__y
common
Michigan Bakeries, Inc., $1 preferred (quar.)
$7
preferred (quar.)™-.™™™™™----^.^-
International
....
Ddquesne Brewin?
$13A
1
8-
s
Acceptance Corp. of California—
•;8emi-annual
"
8-15
9-
25c
,
Quarterly
8-12
9- 1
7-1
.
8-15
$l'/2
_______
7-15
1-2-43
.
(quar.»
Inc
30c
,8- 1
,
75c
(quar.)
(quar.)-,
Mercantile-Commerce Bk. & Tr.
-
1 / ■A 7-24 ?:
8-1
t$3%
Linoleum, Ltd. (quar.)
Bradstreet,
1
8-
30c
$$33A
__________
tKteplan Corporation^—
> 9-
/ $iy2
8-15
preferred
6 %
7-11
1
Quarterly
Incorporated Investors
.
^
8-
Imperial
—
,
Common
;:
6%
preferred
Corp.
1
8%
8-14 r
/Quarterly
1
Ltd.—
Rockaway RR. (s-a)
Dow Chemical Co.,. common (quar.)__L
.$<!«
preferred (quar.).
Dfavo Corporation, common..—
,
50c
$1SA
:
....
(quar.)
Stores
8-15
9-
5%. preferred
-
.8-14
7-15
9-10
5%
.
7-25
9-1 j
9-:iy
.
45c
.
7-20
9-10
$3
<s-a)
'
:
(quar.)
pfd. B
Shoe
RR.
Merchants <fe Manufacturers
8%c.
(quar,)
,
(quar.)
Co., 7%
•;
8-15
.
7-14
&
Common
Power
;
8-14
—
preferred
7-25
50c
$l'/2
7-14
5%, preferred (accum.)—
Dominion Stores, Ltd. (resumed)———
Domin on Tar & Chemxal Co., Ltd.—
5 r/2 %
preferred
$6 preferred
Dominion-Scottish Investments—
Dover
8-15
;;
1
$2
lOo^ainion Oilcloth
■
7
Co., class A (quar.)
Finance Corp.,; common
(quar.)
preferred (quar.)
—:
Dominguez Oil Fields (monthly)
Dominion Bank of Canada (Toronto) (quar)
Domestic
Steel.
■■■
7-18
*
8-
Dixie-Vortex
&
9-15
1
'7-20
7-31
$1'4
(reduced)
.5He, preferred
7-15
8-
,
(quar.).
1
8-
(quar.)—
(quar.).
Idaho
1
1
$2
1
Foundries
common
Hydro-Electric Securities, 5'A
9-
_
(final)
——
preferred
preferred
pfd.
preferred
8-11
8-
10-
::
pfd, (quar.).______
Hussmann-Ligonier, common (quar.)_______
Huttig Sash & Door 7% preferred (quar.)__
,
6%.
(N. Y.)
Melville
-v1" yy
partic.
1
10c
$50c
8-1
/ 8- 1
,
25c
1st preferred
preference
Mercantile
1
.
partic.
Hummel-Ross Fibre,
1
25c
Distillers Corp.-Seagrams, Ltd.— :<■
8% preferred (quar.) ____________________
Dividend Shares, Inc
Dominion
& Hardart
$3
7-15 J
y
8-
5
5
7-20
•7-31.
20c
(quar.)y_-^______T™____
.
Valley
Department
May
-
V-,'. 25c
common__.y________
prior
2d
7-15
8-
11-
25c
Massawippi
y
834%
(quar.)
shs.
non-cum.
■■i:
$3
30c
(quarf)Ay_i_yl__.^_
common
Maytag Co., $6
7-is
8-14
11-14
30c"
r
Extra
AVaHc. preferred
i
8-15
y
9-1 •
.8-il
.
(Joseph) Co., 6% preferred (quar.)..
Light & Power common (monthly)
Common
(monthly)
77o
preferred (quar.)
1
Co.—
participating preferred (s-a)
Diamond Shoe Corp.- (irregular)
Dictaphone Corp., common
—__L—__
Co.,
& Co.,
non-cum.
$6
$l3/4
___
8%
Distillers
(G. A.)
:y-
7-31 ■
8-1 > ■« 7-17 •*
.
Corp.,
Masonite
•7-21 y
i
A*'
(quar.)__y_'_y__i;_yy_y
v
-
7-11
7-17
•
,
stock *(quar.)y_yy__™_'
Co.
&
1
7-29
X 8-31
*
'
'
20c'
:
preferred (quar.)—
(A. C.) Co.—
5%
.
$1%
——.
8%
preferred (quar.)—
Diocesan Investment Trqst
(quar.)
f -y'
;
7-20
/ 8-15
(quar.)_y___y__y:™_yyy_yyyyA/
Field
Marshall
""
7-20
'8-1
8-
•
$1%
8% " preferred-™- "
'" .7
1
9-1
$i
_____
Bancorporation—
1
8-
25c
-
Refrigerating
8-29
8-
(quar.)___"
preferred
7-15
11-28
t55'/2c
r."; »i%
5
8-31
50c
_____
(quar.)—
Fully participating
•;
y
■:'
7-25
/•.
-
60c
/
(I.) & Co. 6H«
preferred
'Initial stock
4
8-15
8-1
Houston
8-20
1-5-43
$2
(s-a)
(quar.)
Match
(s-a)__
--
\ 7-25
: $i3/4
(quar.—X-
,7%
Horn
Detroit-Michigan Stove Co.—
(quar.)
Ltd.
6%
:
,
.
Detroit Hillsdale & South Western RR.
preferred
(NY)
8-
:
8-1
;
Home
Stockyards Co.—
preferred (quar.)_
Deposited Insurance Shares, series
7%
7%
Dew,
Horn..
r
$1%
$l3/4
—
_
Co.
7-15
8-T5
25c
(quar.)
•6%
Manhattan
t 7-23
y
:
8-
7-15
•
ljf-30
V $l'/4 '
Square
Magnln
•,
7-15
8-15
30c
i
•
Hormel
7-20
75c
(quar.)__v
(quar.)______
Insurance
6%
7-17
8-
;
7-17
8-
$2
pfd.
conv.
(quar.)
•
433Ac
inc/,__/y___y_'yyyy"yyy__yyy_-':.
Gardeny__yyryyy'yyy.yyy-y"yy,i^
Trucks.
Madison
'
7-15
B-15
Co.: (quar.)30c
Co.
12-22
1
>' 8- 1
433Ac ''
_y___
Mack
■
Extra
7-11
1
50c
(quar.)_—™.„r
<quar.)_;
8-
Inc. 6%
E.)
Horder's, Inc.
(quar.)
Union
5V2Ho
(Chas.
$iy2
pfd.
Electric
(quar.)—
9-
1
Mclntyre
7-29
•'
pfd.
5'A
9-21
:
>8-15
Corporation (quar.)y_yy___"yiy_y_yy_
MCClatchy: Newspapers, 7%' pref. (quar.)__
7 He
preferred (qua r.) ___y_yyy_y
McCrory Stores
1
1-2-43
35c
pfd.
1
10-
$1.31'A
5'/+%
1
M 8-
$l«/«
•
(quar.)y,
Gas &
8-
8-15
"
50c
•
v
.
Elec.
.8-15
:
$2 V2
-
•$1%
V
"
7-17
'
;•
•
7-18*
•••:
-•
■
•? ■
1
8-
11-20
7
;
RR.
Henderson & St.
McCall
;
y -9-30
8- 1
.
11-20
;
■
25c
j
1
/ 8-20
25C
•/ $i 'a •
second preferred (quar.)
Light $6 pld. (quar.)
10-24
;
8-20
912-
!
■
—
Marine
-
; -V
/ /: 15c
Monthly: __"l_
Higgins Indus;
7-15
$iy2
Dennison Mfg. Co., 8% cum. debs, (quar.)
$6 conv. prior preferred (quar.) —
Dentist's Supply (N. Y.), 7% pfd. (quar.)
Denver
■
7-18
Home
7%
Light,
8-
,-
;
1
9-
8-1
9-
■
7-25
10-15
;;
8-
$iy.
r
Porcupine Mines, "Ltd. (quar.)y_y_
McLellan Stores Co. 6He pfd. (quar.)_______
1
11-1;.
preferred (quar.).Lu.
—/ $1%
Dept. Stores G'A pfd;
•; t75o
Hedley Mascot Gold Mines- ( quar.) .^.vj,. ' r •i ! i2c
Hercules Powder Co. 6% pfd. (quar.-K'i—-i'r
$1M»
llershey Chocolate Corp. common ^uarA-ci y^rf 75c
$4 conv. preference (quar.)
;
$1'
1
preferred
8-
•
•
8
50c
Nashville
&
Luzerne Co.
V
8-
8-15.
9-10
.
10c
$la/4
(quar.)
$13A
Harrisburg Gas, 7%' pfd. (quar.)a.c
i.*—$1%
Hartford Electric Light (quar.)_^___—; 683Ac
Hartford Times, 5Vi% preferred (quar.)____
683Ac
Hat Corp. of America—
;
1
8-
^75c f
;
4—-•
1
1
(quar.)
Davenport Water. 5% preferred
Dayton Rubber Mfg., common
preferred
(quar.)
8-
(quar.)™™™_„__„____
(quar.)
,75c
(quar.) '
;
7%
8-
Cfjnningham Drug Stores—
preferred
"
pfd.
7-15
8-
■:y"
"
...
Co.
(A.)
preferred
tlOc
_
b'/o
Co,, -6%
1
7-20
.
preferred (quar.)—
preferred (quar.)
6 Vu %
/
7-15
9-15
8-
$iy8
Bvfquar.i;—
6l/2 %
-
7-15
;
1
$15A'
Lunkenheimer Co.—
.
8
10-
10-28
■
:
L
7-1
,
1
$1.10
Power &
57c '■ non-cumul.
:
1_
r
1
1
9-
Biscuit Co./______—
Common
-
1,
1
8-
1
8-
$1.10
Taylor, 87c
Louisville,
.
9-15
•
50c'
7-23
11-
(quar.)—____.—____
Louisville
1,;
.
1
50c
;
guaranteed
Class
;;
7- 1
1
8-
'
'7-15
.
j
<
(quar.)
Louisville Gas & Elec.
;
7-20
(quar.)—•
7-10*
;
9-14
t25c
(quar.)
(quar.)_.
McGraw
Instrument
Common
7'A
7-18
$iy2
_______
8-
7-25
30c
_______
y.:-
Hlbbard, Spencer, Bartlett & Co.—J
$1%
7-21
7-31
—______
guaranteed
Lord
9-
Hearn
10-22
2
9-
1
preferred
Co.—
capital
capital
Louisiana
:.'■'/ 8-
6Vi'/o
1
9-
$i%
6%
preferred (quar.)
___—„_■■'
CUmmins Distillers, 8% conv/pfd._________
Cdneo Press, Inc.. common—
preferred
7-24
7-31
Co.—
.
4ftfA>
..
$i3A
_____/
Cumberland
1
8-14
9-
$2
(extra)—
——______
•
-
$lJ/4
______
RR.
8-15
$3y2
.
Clinton
8-
i/. 43%c
Mfg.' 7% pfd. (s-a)
Cuban American Sugar,; 7% pfd. (quar.)—_
5HzHc
preferred
(quar.)
(semi-annual)
■'
$3y2
•
7% preferred (quar.)
Crown Zellerbach, $5 conv. pfd. (quar.)
Cfum & Forster, 8'k - preferred (quar.)_____,
Culver
;
7-31
150c
(s-a;
Drug,
-
7-15
Light-— ; - ./
preferred (quar.)...^
non-cum
Harri3
(quar.)
Cork
1
8-15
8-
f40c
V//.' lc
quarterly
Cfowell-Collier Publishing 7%
G'A
8-15
1
1
8-
Wayne)—
Common'
15c
Engineering Works
———(quar.)______.._._.——...
Miami
Loose-Wiles
8-
.
lc
i—
Co.
Greenfield Gas
Hammond
(25%
paid)) allotment certificates
Cfesson Consol. Gold Mining <te Milling Co.—
Reduced
9-
1
8-
$3j/2
•
Corporate Investors, Ltd., class A iquar.)__
Corrugated Paper Box, 7% pfd. (accum.) —
Credit & Investment Corp.— ••;.■
A
10-
$iy8
(quar.)
preferred
7-31
1
6
87J/2C
6%,participating preferred (quar.)___—_
;
Participating
b% participating preferred (quar.) _______
V Participating
____________——_____
,
8-
«
15c
L_
$3»A
common
.7-20
8-
(Ft.
_____
8-15
...
Mines
Great
(N. Y.)—
7-29
—_____
Ins. Co.
8- ,1
(s-a)_^_i_._L_^—40c
Corp.
(increased
Grandview
5
7-15*
25c
common—:
Boston Theatres
(quar.)
Longhorn Portland Cement Co.— "'
7-20
8-15
.
Hosiery, 7%
Power
8-31
8-20
7-15
1
Loew's
,
1
8- 1
preferred (quar.)
$13A.;.
Grace National Bank, (NY). (s-a)_——$3
Granby
Consolidated
Mining ..Smelting
&
;
1
8-
J2c
Co.
Special
9-21
Hosiery Co.,
Gotham
9-15
1
10c
25c
,
.
8-
•..
Life
Co.,
Original
.
7-15-
75c
75c
(interim) _______
Special
7-20
1
Corp., $5 preferred (quar.).
i;:
$l'/4 '•'/ 8-1
Shoe Corp. (quar.).—
;—
25c ' \ 7-31
Safety Razor,, $5 preferred, (quar.).^/;,/ $l.*/4 \l.: 8-, 1
Globe & Republic Ins. Co. of Amer. ,(s-a)^_
25c8- 1
Gordon & Belyea, Ltd., class A (incr. quar^
J$2 t
8- 1
8-15
1
8*
8-
Consolidated Wagon & Machine Co.———
Consumers Gas Co. (Reading, Pa.)- (irreg.)_
Container Corp. of Amer. common—^--—
Corn Exchange Bank & Trust Co.
9-
$iy4
(quar.)
(quar,)—„
Consolidated; Retail Stores, 8%
$1%
'
12-24
-'
(quar.)__
(quar.)
Printing,
Belt
Little
.
7-20
8-
10-
Gillette
7-15
12-31
pfd.
(quar.)
Cement
_______
Original
7-15
7-15
7-31
\ 75c
:
-
7-20
General Motors
3
8-1
$3
6%
Liquid Carbonic Corp., 4x{%% pfd. A (quar.)_
7-20
General
7 He preferred (quar.)—
—a.—..
Consolidated Edison Co. $5 preferred (quar.) '
Consolidated Laundries, $7'/2 pfd.
Consolidated
8-
$4.50
preferred
Link
9-15
8- 1
7-31
—". •
40c '
(quar.)—.—Sl'/s
53A% pfd. (s-a)__
/ *. $2?«
1
:
7%
Corp.,
1
$1%
2
8-21
30c
Lincoln
7-25
60c
General Foods Corp., common..
Extra.;
8-20
$1%
—
Natl.
6V2%
20c
...
General Cable
8-
8-
:
5
,
2
12-
8-31
Corp.__________________
Mines
preferred
Lincoln
7-27
9- 1
7-31
';
Co.,' $3 conv. pfd, (quar.)..
Baking Co., common......—i
General
General
(quar.)
9-
12-11
25c
(Richmond, Va.)
Navigation
Portland
4He
9-11
150c
Lerner Stores Corp., 41/2%
preferred (quar.)
Liberty Loan Corp., $3.60 preferred (quar.)_
Lilly (Charles H.) 7% preferred--;
.
(quar.)—15c
A
(quar.)
9-
37'/2c
8-20
&
Gold
t50c
(accum.)_
—
Co.,
Gas
Tire
&
7-15
1
(accum.)
Co
(s-ai
Valley
Coal
Leitch
11-20
■
50c
(s-a)—i—
Gardner Denver
/
$1.50 part. pfd. class A (quar.)_—-—_—
Consolidated Cigar Corp.—
'■>' /
Phila.
of
(quar.)
preferred
$ll/2
.•
'/•
(quar.)__^____^^_.__.
Co., common
AA
Common
•
(quar.)—
•
;■
20c :
(quar.)—30c
preferred
Brush
Fuller
12-24
8-
1
12-1
9-
17y2c
'
■
Co.
$3
preferred (s-a)——
Connecticut River Power, 6'/»
prior
$1.20
9-25
1
Ins.
60c
bHo
Chemical
9-
11-24
17y2c
Corp.—
Extra
_u—L
A™,'/
Froedtert Grain & Malting com. (quar.)..—
7-14
12-31
*$iy2
Connecticut Light <te Pwr. $2.20 pfd. (quar.)
$2.40 preferred (quar.) —j—,—„—__
Connecticut & Passumpsic River RR.—
4
/
11-30
10- 1
8- 1
7-31
9-30
uiy.
Lehigh
convertible
7'/r
*—;*.—
Consolidated
1
8-
t50c
8-26
37y2c
7-15
8-15
4c
Concord
preferred
Rubber
Lehigh
Machine
&
6fe: prior preferred
3
6%
8-31
...
7-15
1
preference
Monotype Machine
Lebanon
,*'i
(irregular)
(irregular)
Franklin Fire
1
8-
preference
convertible
Lee
8-
-■
convertible
8-15
$13A
(quar.)_
7%
40c
(quar.)
convertible
60c
7-20
8-
5
7% pfd.
Ltd.—
10-24
8-
35c
$1%
9-30
8- 1
11- 2
8-15
$1.62
5
(quar.)____;
9-1
preferred
(quar.).—:
preferred (quar.)' 15c
FoTt Wayne & Jackson RR., 5%% pref. (s-a)
$2%
Fort Worth Stock Yards (quar.)
25c
Foster Wheeler Corp,—
v-v'/V
$iy2
„
912-
■
7%
10-24
60c
1
5
9-15
12-15
10- 1
■
11- 2
7-20
7-20
11-
$13A
$2
"25c
15c
7-20
8-
Louis)
11-16
(quar.)_________
(quar.)
Langiey's,
•
7-22
8-15
433Ac
$ll/2
(quar.)
(quar.)..
8-1
68 %C
—_______—____
(St.
25c
preferred
preferred
Lane Bryant
5
50c
8-15
1
Common
40c
Bank
Gear
Common
1
A
(quar.)
7-20
8-
pfd.
(quar.)_.___.
8-15
50c
Q'/o
preferred
Bros.
spa
;
20c
(quar.)
preferred
7%
Foote
$l'/4
(quar.)——
Corp,,
(quar.)___....
(Pittsburgh)
Stores—. '
Common
(quar.)
Co.
Rubber
Bank
12-24
7%
(quar.)^
com.
9-22
1-1-43
7%
(Syracuse,
...
Fitzsimmons
8
&
&
National
7-10
common
Intern'l
Tire
National
First
& Southern Ohio Electric—
Commonwealth
(Marshall)
Firestone
7-21
$3c
6ft%, preferred (quar.)———.
——
Commonwealth Edison Co. (reduced)——
6V2/A
9-
8-1
7-21
7-31
$5
(quar.)—_
(quar.)
preferred (quar.)-
Cblumbus
9-19
$1
Stores
of Ree,
l
$iy2
—
7-21
1
'■
6% preferred series A (quar.)— ■___z__——
CiMumbia Pictures Corp.—
5(4?
9-
(quar.)
7-31
8-15
1
9-15
preferred
10-
Landis Machine Co.-—
7-10
Department
First
(interim)
Corp.—
preferred 5% series
conv.
9-
20c
9-15
7-31
Electric
&
cumulative
$2.75
4
8-
7-20
1
6%
9-16
35c
Co.
Holders
Payable
$iy2
9-11
Ins.
When
share
'
(quar.)
Fidelity & Deposit Co. of Md.
10-19
$iy4
———'
Lta.
Chigate-Palmolive-Peet Co. com.
$4.25
preferred (quar.)—
Colorado Fuel & Iron———
Cumulative
2
8-14
8-
1
9-30
preferred
12-15
—...
Life
(quar.)—.——
Extra
_______———
3%
preferred (quar.)
Cdchenour Willans G: Mines,
Columbia Gas
11-
10-
$1V4
-
6%>
W/c convertible preferred (quar.)$1.06y4
Ferro
Enamel
Corporation........25c
Fibreboard Products, Inc., 6% pr. pfd. (quar.)
$iy2
7-20
$2
(quar.)
1
Laclede-Christy Clay Products Co.—
12-18
Louis Ry.—^
Cleveland Cine Chicago & St.
(s-a)—
1
15c
(s-a)
Chin., New Orleans & Texas Pacific Ry. Co.
&% preferred (quar.)__—______
.
Cincinnati Street Railway-——-—
Common
8-
preferred
8-17
J
10-1
Traders
&
Y.)
Federated
————
quar.)
4'h
pfd.
3c
$5
Name of Company
7-29
8-31
1
Per
of Rec.
$iy* <
N.
7-15
.
15c
(s-a)_•
Holders
8-12
50c
$2»/2
Farmers
7-30
$1 Va
(quar.)
(quar.)—
(increased
preferred
preferred
6%
When
Payable
:
com-(quar.)__._„.__
Metallurgical,
$5 preferred (quar.)
Chesapeake & Ohio Ry. Co
Chicago Wilmington & Franklin Coal Co.—
6%
preferred
.
Corp
Fansteel
for
held,
Corp.
Company
Fairchild
share of common stock of
a
Aviation
7-23
$iy4
___
cash
50c
Name of
•-
7-31
Corp.
liquidation
Chilton
-
20c
(quar.)__—___—————
(Md.)—•
distribution of
Per
of Ree.
share
Holders
share
■
Monday, July 27, 1942
>
Bedford
pirnt—
7Ho.
Cordage,
Hi'o
preferred
H
(quar.)
common
_i._i.____
$1
13 %c
7-23
7-14
'
$1.183A
8-1
7-15
$2
8-35
8-
25c
1
9-
$1%
•
1
8-12
9-
y_;
1
8-12
9-1
8-12
Volume
156
Number 4093
•
THE COMMERCIAL & FINANCIAL CHRONICLE
•'
Per
Navie
of Company
•
snare
•
When
Payable
(J. J.) Realty, 6% pfd. B (quar.)
6H% A preferred (quar.)
Newberry (J. J.), 5% pfd. A (quar.)
Newberry
New
8-
$lVa
15c
,
6%
7-16
8-15
-
Roos
7-20
1
7t31
Rose's
Newport News Shipbuilding & Dry Dock Co.—
$5 convertible preferred
7%
;
Co.,
York Air Brake Co.
York
New
" 50c
$13A
York
Fire
Merchandise
2nd
preferred series A
2nd preferred series B
5%
Class
A
Norfolk
&
Adjustment
<-
'
-7-15
-
7-20
8-1
7-20
8-
1
7-15
8-
1
7-15
<
8-1
50c
$2y2
v
V
'
$1.50
8-
.
Northwestern
Engineering
Co.
Northwestern States Portl'd
Cement
7-23
:
8-
1
1
9-21
10-
1:'
9-14
:
Board
Corp.—
Co
5%
preferred
SI1/*
(quar.)-
.
*
(reduced
preferred
Common
*
Signode Steel
$2.50
Public
Service Co.,
(quar.)
—
—
Smith Agricultural Chemical 6%
7-15
1
,
,
,
United"
:
Filters, Inc;, class A
Finance
California-—
of
Corp.
:
.
•
Pacific
8-
50c
$1
$1%
' $iy2
(guar.)—
Outlet Company, common
(quar.)—"
| 7%
1st preferred (quar.)————!—
6'/# 2nd preferred (quar.).—1—*—
$lVe
Preferred
(quar.)
(quar.)
Car..—————
-
.:•!
:,4,8 To
1
:>7-15
'
1
7-15
'
8.*
1
7-31
.,
8-15
-
*
7-31
8-15
7-31
8-15
1
1
7-15
8-
1
7-10*-
/
.
7-20
7%
preferred
(quar.).————.—
Paymaster Consol, Mines,
Interim
"
7-31
7-15
9-15
/
8-31
8-31
8-15
Ltd.; (interim.)—
—r—_—tic
9-15
8-
1-14-43
1
"
12-31
Steel Co.
1%
Peninsular Telephone—:
'
$1.40 class A
(quar.)—!
$1.40
■
(quar.)
$1.40 class A
;
(quar.)—•
Penn
class A
$4
non-cumul.
;
;
Y.)
(s-a)
11-5
2-5-43
7-30
f40c
t75c
*•
"
—4
,30c
$1.10
25c
ti,06y4
Wire
Paper & Box Co., 7%
preferred
1
7-20
Provincial, Transport Co.,(s-a)
1
10-
1
■
!
$i3a
1
9-15,
9-15
12-15
9-
$iy2.
t3c
——
9-
8-15
8-10
50c
———
J20C
/
—————
8-15
preferred (quar.)_
—
preferred (monthly)——_.....
6% preferred
(monthly)^—-.——.-.
7% preferred
(quar.).——a———•«•--'"8% preferred (quar.)———
——
Union
8-
1
50c
8-
1
7-20
58y3c
8-
1
;7-20
$l'/4
8-15
6%
4
50c
9-15
9-15
$4y2
•<:
25c
7-30
9-15
8-
8C
-
$iy2
:
-
'7-24
8- 1
8-
-
1
FOREIGN
7-31
7-16
50c
10-
8
8-
1
7-20
9-15
8-31
1
7-18
$iya
9-19
(quar.)
-
9. 9
10-20
^
10-10
37VaC
8-1
7-15
sIVb
8-10
7-25
$iy4
8-10
7-25
20c
7-30
7-15
ioq
8-
1
7-15
433/4c
9-
1
8-15
17Hc
8-1
7-15
8-
1
$iy2
1
8-15
7-17
8-15
7-17
1
10-
1
9-
(quar.)
8- 1
$1%
:9-
8-1
1
8-
t
8-15
:50c
:
7-29
:
$1%
.
9-15
.1
...
.
:$3c :i'
1
l!
7-14
9-
1st
pfd.
1
8-
t
.
7-27 1
8-
1
7-27 ;
8-
1
7-20
8-
1
7-20
8-
t$lH
(s-a)
1
7-17
-
$2Va
8-15
$iy2
8-
1
8-
1
v
7-15
7-15
$iya
;
(1897
National
1
8-
11- 2
;
.
10-15
11-
$1
series)
Life
(quar.)
Ins.
Co.
10-15
$iy2
(s-a)
2
•
Public
(Wm.)
Service, 5%
pfd.
(monthly)..,
& James—
/'
*
(accum.)
(F.
7-22
^
7-15
'
7-20"
•
•
•
8-1
7-15
9-
40c
i
1
8-1
t$l3/4
....
7-22 '
1
8-
25c
....
1
8-
$iy4
(quar,)__
7-15"
8-
20c
Jr. & Co.
8-10
1
20%
8-15"
7-
4
20%
8-21
7-
7
8-31
8-21
10-1
9-10
7-30
7-20
8-
1
7- 8
?20c
8-1
7-15
(quar.)—?37l/2c
8-1
7-15
50c
9-15
9-
50c
12-15
deposit rets, for ord.
(Rudolph)
Towne
7-31
30c
:
Co.,
regis
.
common_£
Manufacturing Co.
preferred
Zion's
....
10c
~
15c
(quar.)..
t2c
10c
j -
Co-operative Mercantile
Institution—
'
.
!.
Quarterly
-
....
5
•
Quarterly
1
.a
—4-
>
-
8-
1
7-21
41 %c
I
8-
1
7-21.■.
5oc
,
8-1
tOn account of accumulated dividends.
->
— -
** •'/
*
7-10
8-1
12- 5
7.-21 i,.
7-28
,
-
*Transfer books not closed for this dividend,
//
58V3C
.;.
3C
.i5c
^Payable
7-2i:
25c
7-31
7-15
4
,
&
6%
,':7-22iI.
8-22
$1
(quar.)_
7-15(
-
.
*
'.7-311
.
7-10
Mines, Ltd...
Yub4 Consolidated Gold Field?, Inc...^..!.. ' •
Zellers, Ltd., common (quar.),
'7-14 (
90c
■
7-15
8-1
$iy8
Young-Davidson
"•6-17:
9-15
1
1
—
5%
(Alexander)
Yale
9-21'
12-21;
.'
7-17
8-
a
preferred
Amer.
10- 1
:50c
,
1
J$l'/4
(quar.)
8-
$1
Wurlitzer
1
1-2-43
$iy4
...
pfd.
90c
W.) Co...
.Woolworth (F. W.) & Co., Ltd.—
Ordinary registered
7-23
30c
(quar,)
(quar.)
5%
7%. first, preferred
.
7-20
8-
a
Company, $6 preferred
Woolworth
7-20
8-
pfd.
.
.
Products—
Hosiery Co.
Wrigley
7-10
25c
.8-15
25c
11-14
in Canadian funds, tax
resident tax, 15% ; resident tax. 2%'.
deductible
a
at
the
Less British
source,.
Non¬
income tax.
,
.8-10
11-10
7-10
...
5c
8-
1
8-
1
$5
8-
1
Auction Sales
,
Transacted by R. !». Day &
7-10
,
-
4
7-21
10- I"
$1
8-
Shares
$1H
.
v
9-18
1
8-
5C
1
8-
6
,
357
10
,
566
ilVa
:
y 8-15
:
25c
.
'7-31
/
8-15
J38C
7-31.
8-10
.
7-10 \
:
8-15
:
8-1
15c
■.;
Boston
40
7-15:
;
8-
10c
Wednesday;
245
$3,000
•.
Gamewell
Old
Co,
Colony
Nonquitt
($300
common..
Trust
$ per share
($12Vi par)....
.,
par)____
18%
...
Associates....._a——
14 VV
Mills
_^a
Woodland Golf Club
1940
:
7-21k,
;
sub
&
2nd
mtg.
22
.a
4s May,
.(
f$5,000 lot
1947
coupon
j
on
Bonds
,
$1,000
7-21;
;
.35%
172'/a
^.^._aa
...
Martin Mfg: Co, common ($100 par)
Martin Mfg/ Co, 1st. pfd. ($100 par)
Nov.
!
Athenaeum
7-15
,
1
on
Stocks
First National Bank, Boston
1
7-21
8-15
Co., Boston
July 22:
275
50c
class,A—
RATES
CERTIFIED
BY
$40c
9-
1
8-15
J40c
•
12-
■
1
11-16
25c
8-1
Per Cent
New Rochelle Water Co, 5V2s Nov. 1951, Series A_.__
8-15
8-10
i2yac
:i33Ac
8-15"
6-30
1
July 17
7-31
7-20
8-
1
98%
2
Official...".
2'
.J
!
BANK
1942
TREASURY
TO
INCLUSIVE ;
UNDER
TARIFF
"
,
Noon Buying Rate
for Cahle Transfers
cer¬
'
ACT
OF
1930
'
in
New
York
■.
—"I"—",
.
7-25
-
Newfoundland,
50c
_—xx;
India
-
•
7-20
$1»A
7-11
8-
13C
8-
-
.
7-15
'
$
.297733*
-
,
.237044*
•
V
.297733*
.297733*
.237044*
.237044*
3.228000
3.228000
3.228000
3.228000
3.215033
3.215033
3.215033
3.215033 T
.909090
;
.900546
<
'
.570400*
.060580*
•
'
.060580*
.060580*
.051447*
.051447*
.051447*
.909090
.909090
.909090
.900078
.899453
.899375
.899453
.571400*
.909090
.571400*
.571400*
.909090
.899843
:
.571400*
.571400*
a.
4.035000
(
(
4.035000
4.035000
4.035000
4.035000
4.035000
4.035000
.301215
.301215
.301215
.205650
.301215
4.035000
,.301215
4.035000
..
.301215
.205675
>
4.035000
4.035000
.205675
.205675
.205675
'
.205675
dollar—a—:
a-
Free.x
,
Controlled.
3.227833
:r:z
3.980000
.909090
.909090
.909090
.897708
-.897083
.896875
3.227833
3.227833
3.227833
; 3.980000
3.980000
3.980000
3.980000
.
.897083
3.227833
3.980000
.897291
.
'
.909090
-
-
3.227833
.
,
1
t
r
A
——
-.909090
.909090
.898125
.
■,
.658300*
.658300*
.658300*
.658300*
.658300*
.658300*
-.527400*
.527400*
.527400*
.527400*
*
Uncontrolled..".
7-15
8-20
37y2c
July 23
3.228000
4.035000
-i—^
—
Zealand/ pound__
_a
a.
Union of South Africa, pound__A_
Uruguay, peso-
7-15
8-
rupee.i
New
"
15c
(British),
Official.
7-15
7-15
8-
$
3.215033
.051447*
a.
-
7-25
8-
75c
*
July 22
$
"
.051447*
;
Mexico, peso.
1'
,237044*
.051447*
_j__...
7-10
7-10
8-
.297733*
J237044*
j
.060580*
1
Official—
7-10
8-15
July 21
England, pound sterling—7
1
8-
?.: .297733*
.060580*
'
1
$1
V
;■;>
.060580*
'•
• peso
1'
35c
July 20
■
'
Free
Colombia,
8-
3iy4c
■
dollar—
Official—
8-
•
"
,
United States Money
.
.
10-15
8-15,
July 18
in
i
Canada,
.
■
35c
■
3.228000
■■■
Official..—
8-
$1.31 V*
_
23,
$
3.215033
X.
.
10-15
11-
/
$
.297733*
-
7-15
11-
■
.237044*
i
Brazil, milreis—
■
,.
now
'
-
7-15
8- 1
6c
T
...
•>
15c
■
JULY
Value
,
8-10
8-
15c
;
17 TO
/...
>
Australia, pound—
7-21
12%c
''
RESERVE
FEDERAL
,
u
.
—-—I——:~
pfd.
Wisconsin
7-10
Official—"—.
t$33 y»
—
1
1'
,
'
(clears'all arrears)
—
-6%
5
8-
$iy4
EXCHANGE
Argentina, peso—
$l3/4
(quat.)—
8-
8-
a
9-17
tsoc
t25c
;
:
preferred: (quar.)
Rochester Button, $1.50 conv. pfcL
Rockland Light & Power (quar.)
Ltd.
Chlorine
Wisconsin
Country and Monetary Unit.
8-20
15c
Y.) (quar.)_—Riverside Cement Co., $6 1st pfd. (quar.)
8-
Wisconsin Electric Power—
8-15
8-15 >
t$l
7-20
8-13
9-10
"——
Insurance Co/ (N.
37V2c
...
7-24
50c
:
Richman
1
25c
»
(quar.)_.
preferred 1 quar.) J—
Inc..
(quar.)-.
7-15
7-20
(quar.)
Rich's
1
1
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world.
We give below a record for the week
just passed: •
"
'
7-20
preferred
Reynolds (R. J.)' Tobacco, common (interim)
.}
Class B (interim)—:
—V
Rheem ManufacturingtCo., 5% pfd. (quar.)_
Rhode Island Public Service class A (quar.)
1
$1H
—x_—
1
12-
8-
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank is
7-15
:
preferred A
pfd. "(quar.)-
9-
50c
(quar.)——j__
7-22
v
6%
$2
8-
1
7-31
6%
i
8-
8-25
25c
15c
preferred
-
9-
12-10
25c
$1%
6%
Quarterly
7-24
7-24
'
.
7%
8-31
7-31
75c
$3
Reading
•,
X
25c
Extra
7%
1
8-1
.
*JULY
-15c
'
Revere.'Copper Sz ■Brass,',51/4%
B
12-21
9-10
common.
Extra
7
8-
•
7
7-
37He
(quar.)_
California
1-1-43
$1%
convertible
•Wood
(monthly)____
v
*
6% preferred A (quar.)—
—....
;—.
Raymond Concrete Pile, common (quar.) —
>\
Oil of
62V2o
Foreign Exchange Rates
7-20
t25c
v
B
preferred
Class
8-21
$iy2
f..
Railway & Light Securities Co. (Del.)—•
-i
Common (interim)
—i
;-l—.a—
;
7-
1
10c
!
8r21
9-15
$1.13
1st preferred; (quar.)—•—
preferred .(quar.)———-——
Co. common (quar.)—!—a—.j_. —
-4% non-cum.: lst preferred (quar.)——
2nd preferred
(quar.)—.
—;
Reed (c: A.) $2 pfd. A—
L—,._.i
Regent Knitting Mills, Ltd., common—
), si.60 non-cumulative preferred (quar.) —
$1.60 non-cumulative preferred
(quar.)—
Reliance. Mfg. Co. (Illinois), common—
Republic "Drill & t00v common'(initial)——
Class A (initial) —i——
-~
*
Convertible preferred I (initial)-—
Republic Investors Fund, Inc., common—
(
6% preferred A (quar.)
:
6To preferred B (quar.)
:
—
1
$iy«
(quar.)
7-20
25c
•
———
Quaker Oats Co., 6% preferred (quar.)——
Quarterly Income Shares
—I.
Quebec Power Co. (quar.)_——.
12-17
8-
8-
$1V4
|
9-20
Extra
$i'y4
•
10-
8-1
1
(quar.)
Wilson Line, Inc.
:
United Corporation, Ltd., $1.50 class A (quar.)
United Drill & Tool Corp. class A (;quar.)—
Products—
conv.
12-31
>.
Missouri—
9-15
$f3/4
Manufacturing
(George)
Wilson &
t>
20c
(quar.)___—
1
9-10
8-14
.
75c
Purolator
of
Co.
preferred
12-29
10-
conv. preferred
(quar.).$1%
Sewing Machine Corp., $2 prior pref.
50c
preference
t50c
White
5
9-16
$l'/2
t62Hc,
(quar.)—
1-1-43
8-14
$2
8-
9-30
j
preferred
Point
Extra
RR. (s-a!
6%
7-14
9-28
5V2T0
12-24
7-31
37 He
-
8-14
9-15
*
,
..
5%
Union
.
7-15
$1%
Electric
$4.50
8-14
,
9-25
r
Co.,
1
1
Wheeling & Lake Erie Ry. Co.—
4% prior lien (quar.
,
•
iquar.)_r__a
non-cum.
8-
10-
"
(reduced).-—
Pullman,
^
7-20
9-15
50c
$5
1
-
Corporation ,____a——'a—L__
Udylite
'
4l%c
;
10-
;
9-
(quar.)—
Chatillon, $7
Rubber
Tyer
8- 5
,
7-21
South
Tubize
11-30*
90c
(quar.)
Electric
preferred
West
1
8-15
Lq Salle Street Corp. (Chjcago)—
Quarterly
\
_L
-
,
7-24*
8-15
1
2 He
208
7-25
.
8-
7-31
9-
t75c
_
Explosives
Penn
7%
$4.50
—i
pfd.
West
7-15
9-15
(monthly)—j—„.A—aj_—
Bennington
Troy &
8-15
'
5%
Puget Sound Pulp & Timber
Inc. (quar.)——
Triumph
1
8-15
pfd. j(quq(r.)i
Ltd.
Cc„ 7To
5%, .preferred.
7-18
.
Mines,
12-19
t$2
'
pref. (quar.)
Engineering
Michigan Steel Foundry— convertible preferred (quar.):
7%
preferred
(quar.)___
6-30
1——
a
50c
75c
$1.75
7-30
4.—
pfd.
7-15*
8-31*
(quar.)——„—$134
preferred
Winsted
/
—L,
(quar.)
Additional—
7-20
8-
...
4,
7-20
$2V2
,
8-
40c
6%
preferred
(monthly)__—i
Tonopah Mining Co. of Nevada (resumed)—
& Trust Co/ (New York (quar.),
Transamerica^ Corp/ ,(s-a)_,
1—
Trinity universal Insurance Co. (Dallas)
...
12-15
8-
(quar.)
1
Wellman
7-20
7-20
12-28
Trade Bank
9-30
$1%
Service Co. (Colorado)—
a
.1;!
preferred
(monthly).—.^.———
6%
preferred
(monthly).—a......
...
; 7%
preferred
(monthly)-.——a.,—
Public Service Corp. of New Jersey—
.
:
,:
9-15
Edison
.
9-15
'
V
8-
..
.
'
Gold
Toledo
9-15
1
Public
;
Toburn
*-
8-15
8-15
.
3iy4o
•
^
8-
$1
preferred.(initial quar.)
;
Wayne Screw Products Co. (irregular)
$4
i__
common—
preferred
$4.50
7-20"
8-1
9-19
75c
$5
Westvaco
x—_
convertible
Shovel,
7To
8-15
> t88c
:
-
Privateer, Mines, (quar.)
—
Procter & Gamble (quar.)——.—,
.Thew
*
7-15
1
V10-15
$l3/4
—.—.—-
preferred (quar.)—
67o
».
..Thatcher Mfg.
1
8-
f 10-
i5c
*
pfd.———J.
guaranteed (s-a).—J.—..
Electric Power, 5'/2% pfd. (quar.).
-
8-15
8-15
t$i%
Gulf Sulphur Co. (quar.)_„1
i——
Texas Power & Light, 7% preferred i(quar.)_
$6 preferred (quar.)
J__
r
7-15
8-31
65c
75c
y
preferred
.6%
8-
8-
10-
v
pfd. (quar.).
Portland RR., 5%
Potomac
: 8-15
^'8-1
t75c
Portland Gas & Coke 7%
•;
9-10
65c
pfd.
(quar.)—
-7-10
1
1
7-15
Texas
""
(s-a)—
•"6'/a% 'preferred " (s-a)'
'
Pitts. Bessemer & Lake Erie RR., com. (s-a)
Plomb Tool Co.,'common (quar.)—i-—:
7%
6H%
8-1
10-1
r
*"
9-
9-
1
—
;
,
;
Washington Gas Light,,common
8-
Inc., class B__
Tacony-Palmyxa Rridge, 5%
„
.7-10
noc
Mines..—a—a—
Pilot Full Fashion Mills,
8-17
t$l3/4
-
~
-
v
9-21
50c
(quar.t
preferred
10-10
25c
(quar.)—
Detinning Co.,
7%
:
tide
(quar,)„
..
-
9-25
8-15
8-20
!
Cement,
Company
8-15
1
Vulcan
9-15
1
9-
•
$l*/4 ipfd.:
Sycamore-Hammond Realty—
6V2 To preferred (quar.)
6lJuTo. preferred (quar.)—
j
7-20
•;••• 8-1
&
1
9-
t75c
(quar.)
Portland
10-
$iy4
Electric Securities Co.—
preferred
4
$i»/4
Ray Drug Co., common
6%
9-
Acid
(quar.)
8-15
9-15 '
(quar,)
Vertientes-Camaguay Sugar Co.
tVictor-Monaghan Co., 6% pfd. (quar.)
$iy4
second -preferred
Superior
9-25
'
1
9-10
:
'74c
4H% preferred (initial)..-s
Phillips-Jones Corp., 7% preferred—,
Crow Gold
Sun
"
7-14
"
8-10
50c
/
(s«-a)„———
Insulated
$4
9-15
7-15
1
1
(quar.).62V2c
preferred
preferred
Weston
(quar.)—
Sun.Oil Co., 4y2To -.class A pfd.
1
7-21
-
•
prior
7%
1
89-
10-
(quar.)——
■Vapor Car Heating Co., 7%
-9-15
•
(quar.)
Wells-Titusville
Suburban
4
7-13 /
-
common
58Vac
7-15
58Vac
—l..-
prior preferred
10c
(quar.)__
prior preferred A
Struthers
-7-15
1
9-30
40c
;s
———————
Philip Morris &-Co„ 4V4%. preferred' (quar.)
Philadelphia
i
8-
1
10-
87y2c
Philadelphia Electric common ;(quar.)_—
4.4%
preferred (quar.);
——~i_"_—
Philadelphia Electric Pwr. 8% pfd. (quar.).
Pollack
8-
'6'k
7-21
,
'
,$2%
Bureau
Dodge Corp.
■
Swift
Valley RR. Co. (reduced).
Peterborough RR. (Nashau, N. H.) (s-a)—
pickle
1
8-1
25c
Si
Phelps
8-
1
8-
$1
75c
89-
$l'/4
— —
Peoples National Bank-(Brooklyn) (s-a)„„
Peoples National Bank (Seattle, Wash.)—
Peoria
--
-r
7-15
8-15
y
t$iya
$i.27y2
5.10% pfd. A (quar.)
Pennsylvania Power Co., $5 pfdv (quar.)——
<N.
11-15
2-15-43
Canada
Co.
Co.
(quar.)
(quar.)_—
5%
1
8-21
8-
10c
Sterling, Inc.; common '(resumed)„I——_
$1% convertible preferred (quar.)i
Strawbridge & Clothier—
I :
i.
"
>-•
conv.
Industrial Bank
5
1
Pennsylvania' Electric
Peoples
8-
35c
preferred——
Penman's, Ltd. common (quar.)—
'•»
6% preferred
(quar.)-——.aV-----'
8-15
-35c
i—
(Philadelphia)—
Co.
Investment
—
—__—
:j.
'
35C
of
preferred
1
8-1
t$p/4-
;
preferred
;.$iy«
.
i___
5%. pfd.
Stecher-Traung Lithograph—
5To preferred: (quar
5To
preferred (quar.)../—
'
preferred
7-31
7-18
1
20c
&
9-15
683/4c
5%
;;•>
pfd.—
.1——
Phosphate
8-15
1
58He
.
Corp.
Wholesale
1
1
West
(interim)_.i___A„„
Works (quar.)
Stanley Works (The)
'
30c
$1
$1%
tic
"
.
*
Silica
•
$1.20
preferred
Standard
8-10
8-
•
t20c
Corp. 1%
Standard
/
'
37He
National
7%
8.
8-
7-27
'
».
Corp,__^-_J_-______-_^
7-20
7-27
7-31
•
30c
;
Standard
'7-20
89-
$2V2
Alcohol
7-15
10-
(quar.)
Industrial
1
53c
Machinery Corp/—
preferred (quar.)
6%
Ltd.—
Equities
53c
Upressit Metal Cap, 8% preferred
Utica Clinton & Binghamton RR. Co.
(irreg.)
Utica Knitting Co.—
7-15
7-31
$1H
Co.—s
RR, & Canal Co.
Pipe & Foundry
Quarterly
'
a
J.
8-
53c
-
convertible
6%
•
Standard
.
8- .1
Co.
7-24
1
8-
30c
Co., Ltd.—;
N.
Hoffman
S.
7-21
8-25
$1V2
(quar.)
Chemical
1
37 He
(quar.)__»i_„
pfd. (quar.)„^__j
Squibb (E. R.) & Sons—
I
$5 preferred, series A (quar.)
Standard
9-10
■$1
(quar.)
50c
Leaf Tobacco, common
(quar.)—_
Upper Michigan Power & Light—
:<
9-10
$1H
L_„_.
Gas & Electric
9-,l5v
'
30c
._t-
a—
preferred
1
1
1
t$l%
Sovereign Investors, Inc.
Spiegel, Inc., $4.50 conv.
7-15
8-15
Indiana
U.
6
8-
25c
Co.,
8-15
1
(monthly)
Universal
62 V2c
pfd;. (quar.)
(quar.)
1
10-
U. S.
7-20*
8-
10-
25c
1
Power
(quar.)
7-20*
'
(quar.)__
„L;
(quar.)
Canada
1
'10-
t23c
,«.•
!
(quar.)
9-
50c
5VzTo
*
87 He
Co., $6 1st pfd. (quar.)
Edison
1
8-
5
8-
8-15
•t5c
i
preferred
preferred
California
Common
8-
10c
Parke, Davis & Company—
:—
Manufacturing Co., common (quar.).
Paton
2nd
Southern
7-21
8-
.
Motor
..
Southern
Common
7-21
„
-7-21
8-1
"
;
—
,
Packard
7-17
'
:
;
—
8-1
v
.
8-
$1
20c
Corporation
non-cum.
-
Southern
20c
.16y4c
5% preferred (quar.)——-—
$iy4
Pacific Gas & Electric -6%
pfd. (quar,)—
37»/2c
5%'%
preferred
(quar,)_;—
34%c
b'/c
preferred
iquar.) —r—„f.—————- ■
31V4C
Pacific Lighting Corp.
(quar.)-l——,
75c
Pacific Power & Light 7% pfd. (quar.)$la/4
$6 preferred
(quar.)—.—.,—
$l'/2
Pacific Public Service Co., $1.30 pfd. (quar.)
32Hc
A
Preferred C
,
1
-
7-15
•
6%.
6To
7-15
,
8-1
;
/•■-//
>
V 7-20
1
Packing
50c
prior preferred
United
7-27
.
8-15
}
Southeastern Greyhound Lines, com:
6%
convertible/preferred (quar.)i
7-20
..
1
prior preferred
U. S.
(a<tcum.)-_
(irregular)
South Carolina Power
7-20
8- 1
8-1
8-1
Common
Snider
"
'
;
8-
Oliver
"7-20
8-
tl5c
7-30
1
7-27
(interim
Silex Company
(quafji-l—i
Simpson's, Ltd,, 6V2% preferred
8-
7-18"
1
37V2c
7-29
./
7-20
1
8-
50c
a
Strapping Co., com.
preferred
1
8-
26c
{ ' ■.
L.
Corp.—
quar.)
(quar.)
(Canada)
8-
$iy2
L__
7-15
8-
5% pfd. (monthly)
'41 %c
>
6'A' preferred
(monthly).—-L—J—j— :
50c
7%
preferred
(monthly).———Z——
58Vbc
■'
5H%
1st preferred (monthly)—-$1%
Okonlte Co. (quar.)
$1H
Ohio
-
j
1
1
8-
F.)
7-15
•
of Rea
.
prior preferred
(monthly)—
(monthly)/
6.36% prior preferred (monthly)
6.36% prior preferred (monthly)—
6.36% prior preferred (monthly)
.7To prior preferred (monthly)
•7To prior preferred (monthly)
7% prior preferred (monthly)
I
7-20,
(quar.)
7-30
&
Tire
(Charles
Noyes
1
1
f$l34
-
'
Rubber, 7% pfd
t$1.3lV4
6% pfd. (quar.)———22Hc
Nunn-Bush Shoe Co., common, (quar.)——
20c
Norwalk
7-31
8-
(quar.)
Sherwin-Williams Co. of Canada—
7-15
10-
Dillon
Common
—
'7-23
„
i
pfd.
common_^L^_A
Sharpe & Dohme, $3.50 pfd, A (quar.)
Shawinigan Water & Power (quar.)]
7-16
40c
(quar.)-
1
1,,
7-31,
50c
;i '
—
8-
v
of
RR.
8- 5
.
6 To
'
8-
(quar„)
Wall
Securities Acceptance
7-21
1
8-
/
Corp. :(quar,)
1 25c
preferred, (quar.)-—i—.37V2c
New Hampshire (quar.)—$l'/2
conv,
15c
Holder*
Payable
6To
7-15
7-20
*35c
4
6%
$1H
1
1
$1%
Bolt
.
.
.
&
participating preferred
...Scotten
,
8-
When
»hare
(Del.)—
6To
t$l3/a
.
Scott Paper Co., $4.50 preferred (.quar,)_^
$4. preferred
(quar.)__
a
-
-
.
7-31
Screw
preferred
$2
.
Northern : Illinois
Northern
7%
8-31
8-19
Louis
Schumacher
-
.
2
8-15
8-
of Company
United Light & Railways Co.
-
7% preferred (quar.)
St. Louis County Water, 6%
St.
2
9-19
—$1
Corp.— '
1111-
11-16.,
.
*
7-15
1
: 11-I6
50c
preferred '(quar.)__*—1——-—
6%
.7-20
V<
__—
(quar,)-
(quar.)
Bearings
1
1
1
20c
(quaf.)^^
common
9-
Per
Name
5
8-
$1%
-
Steel Products (irregular
Saguenay Power Co., Ltd., 5y2% pfd.. (quar.)
1
1
com.
preferred
Norma-Hoffman
.1
(quar.)
(quar.)
(quar.)j_^_A
St.-Lawrence Flour Mills,
8-
20c
(quarterly;—L_
Western Ry.
J
8-
$iy4
$iy4
$iy4
■
(quar.)——_
Nineteen Hundred Corp., class A
•'"»
l
8-
-
__
Co, "Inc—
5% 1st pfd.' (quar.)
(quar.)—
Niagara Hudson Power,
5%
(s-a)
Stores
8-15
f$lV2
7-15
1
8-
40c
——
Insurance
;
-50c
preferred—
New
25c
&
of Reo.
Safeway
8-
(quar.)___—,$iy4
commoh__—y
New
10
305
Holders
J15c
!
Brothers, $6y2 preferred
5,
When
Payable
(quar.)
common
7-20
'
New Process
Paper Co., Ltd.,
preferred (quar.)
share
j
Company
Rolland
7-16
1
9-
$iy4
England Fund ctfs. of benef. interest—
Per
Name of
of Re0.
1
8-
$l5/8
Holder*
-
♦Nominal
rate.
'
—
.527490*
.527400*
.
THE COMMERCIAL &
306
Monday, July 27, 1942
FINANCIAL CHRONICLE
Week
V*
.
CLEARINGS
THE COURSE OF BANK
Bank clearings this
week show an increase
corresponding week last year.
stands at $6,896,922,312 against $6,409,193,418 for the same
center there is an increase for the week ended Friday of 4.2%.
summary for the week follows:
Clearings*—Returns 1>y
-
Telegraph
25
Week Ending July
♦
:
New York™
ill-
232,105,277
9.4,
12.0".
Pittsburgh
1-1———11-:
1———:—
149,746,651
98,427,955
$4,568,948,150
cities, five days———
Other cities, five days——j.-—:—._.
day—
1,149,487,052
—
12.3
Augusta—*___
Total
5.6
+
Federal
+
8.3
Indiana—Fort
+
4.5
9.0
4,941,108
4,287,715
> 15.1
24,418,920
19,777,947
+ 14.1
66,600,000
59,400,000
i
>
'
." ; '
however, which we present further below
we are able
to give the final and complete results for the week previous — the
week ended July 18. For that week there was an increase of 18.1%, the aggregate
of clearings for the whole country having amounted
to $8,178,100,185 against
$6,921,807,469 in the same week in 1941.
Outside of this city there was an increase
of 14.1%, the bank clearings at this centre having recorded an increase of 22.3%. We
group the cities according to the Federal Reserve Districts in which they are located,
and from this it appears that the New York District (including this city) the totals
show an expansion of 21.3%, in the Boston Reserve District of 19.6% and in the
Philadelphia Reserve District of 9.0%. The Cleveland Reserve District has managed
to enlarge its totals by 20.6%, the Richmond Reserve District by 17.2% and the
Atlanta Reserve District by 15.2%. The Chicago'Reserve District records a gain of
6.9%, the St. Louis Reserve District of 10.1% and the Minneapolis Reserve District
of 14.3%. In the Kansas City Reserve District the increase is 22.0%, in the Dallas
Reserve:District; 11.9%-'and in the San Francisco Reserye District "2L1 %In the following we furnish a summary by Federal Reserve Districts:
•
;
—_
FederalReser veDlstr icts
ist
Boston.
2d
New
3d
Philadelphia
—__
4th. Cleveland:/_.
7
t
f.
""'
ath
"
"
4
—
St.. Louis—
10
17
—
7th
Atlanta u...
Chicago,-'
.
7
*
——
Minneapolis i
10th Kansas
City
2th
10
11th Dallas
*+
6
12th Ban Francisco—.— 10
*
238,572,068
170,749,865
238,174,435
111,870,802
435,329,808
"
■i
:.:V
520,035,025
216,707,168
.
195,149,718
99,987,670
{
+80.7
140,031
+ 18.8
112,856
118,099:
+. 3.4
41,290,711
39,638,003
1,708,450
2,017,580
'
167,443,018
182,325,077 '
436,818
+ 66.5
-333,184
346,592
+ 26.3
3,068,393
2,759,022
+ 45.3
1,553,719.
1,676,937
30,089,000
"
>
1,975,078
1,045,099
9.4
22,276,000
22,153.000
1,459,330
.5,303,291
21,176,148
+
1.5
2,068,068
5,998,370
26,679,510
+ 20.6
22,708,823
1,453,879
+ 27.8
1,084,240
3.015,596
7,045,591
1,858,177
11,701,111
•
v
+ 26.1
+ 0.04
.2,546,572
3,016,907
7,153,392
32,187,594
•
+
4,706,687
7,320.136
3.236,107
.
25.4
+
1,180,360
8,898,401
3,616,288
+ 15.5
10,129,140
5,902,039
524,934
435,700,716
i
380,615
+
37.9
336,583
304,875
416,293,927
+
4.7
320,354,242
295,989,321
1,644,221
1,190,020
+
38.2
1,053,894
932,653
—
3.2
;>
.
,
—
4,705,322
4,860,202
4,017,519
3,655,420
,
3,137,155
2,582,919
+ 21.5
976,183
1,182,928
:f
1,969,995
1,603,910
+ 22.8
1,573,646
1,505,049
555,688,294
520,035,025
6.9
401,892,631
371,226,268
Peoria
i
Springfield——
Total
+ 15.2 ■'
.
2,409,510
»
.
Rockford
,
247,733,607
*
—
Cities)—;
(17
+
Eighth Federal Reserve District—St. LouisMissouri—St.
146,400,000
129,300,000
+ 13.2
102,200,000
95,200,000
.*60,000,000
> 31,357,068
57,002,253
+
5.3
38,652,150
35,349,727
29,684,915
+
5.6
18,782,142
815,000
720,000
> 13.2
24,108,279
559,000
238,572,068
216,707,168
+10.1
Louis—
Kentucky—Louisville—
M
+
—_
Tennessee—Memphis——
Illinois—Quincy_:
(4 cities)
Total
,
District—Minneapolis—
>
4,565,759
Federal Reserve
Ninth
Minnesota—Duluth—
Minneapolis
—
St. Paul___——
North
,
>
•>,'.
.
j
/'
Dakota—Fargo_—___i—_
South Dakota—Aberdeen__^_u_^3.__
Montana—Billings;
- -
—
Helena—.
149,875,583
3,968,148
3,668,254
61.993,780
+ 19.1
69,954,373
29,217,128
1.6
2,565,740
"
100,193,033
>13.9
34,974,024
3,194,792
1,351,141
*
1,013,253
+
.
26,308,507
2,388,303
7.5
906,809
3.0
■822,798
784,784
+ 10.2
3,833,813
3,781,962
+ 14.3
111,268,809
99,891,810
+
1,045,041
»
" ^4,720,643
,
»
'
4.6
+
4,365,921
♦
114,097,186
41.653,669
-3,246,558
>,452,797
,
543,714
165,519,429
,
—
4,285,234
966,221
•
•
(7 cities)—
Tenth Federal
>70,749,865
7
Reserve District—Kansas
149,409,186
.
,
City-
.
283,657,076
"451,729,539
P
,159,765,699
182,325,077
\ I
'401,892,631
-
f
'165,519,429
•
,111,268,809
: 371,226;268
{
79,302,505
j
*
Lincoln
_
^
99,891,810
C
Joseph™—*—
Pueblo
2,702,018
>37.4
95,063
105,848
32,068,956
.
3,029,981
+
11.2
5,278,483
w
+
9.4
3,711,953
3,466,066
+ 17.8
109,431,517
121,949,020"
137,766,544
3,949,650
5,253,343
1,099,525
+
813,983
•
2,941,753
2,476,064
33.0"
3,719,327
539,048
+133.9
672,019
1,572,065
t
.
—
159,948
3,216,179
-31,652,822
'
'
3,369,529
—
Springs
Colorado—Colorado
128,076
~S.3
+
39,469,254
-
..
2-
>26.6
..+1L5
3,922,845
+ 35.1-
3,771,553
•
560,456
628,302
577,831
155,598,351
168,303,449
76,740,813
i
273.810.352
>18.1
5,669,891,978
5,235,864,853
14.1
2,720,589,435
2;467,999,386
Total
245,846,455
"
St.
••
5,772,826
,*162,336,432
Wichita
.
r
*4,250,000
V 54,228,454
Kansas—Topeka_
Missouri—Kansas City
168,303,449
112,187
.134,7712
142,011
.
,
Omaha
..
149,875,583
;
;
155.598.351
+
> 150,250
>
Hastings
,167,443,018
-
6.9;
+10.1
+14.3 *
+22.0;
+11.9
r '388,380,952.
< .'288,735,635
'137,552,544
". -344,151,530
!
Nebraska—Fremont
274,579,644
2,867,288,682
-
•238,174,435
cities).
(10
;
195,149,718
+22.0
.
New
Outside
York City
6,921,807,469
3,522,647,428
8,178,100,185
.4,019,994,506
111 Cities
Total
—
..+
32 cities
Canada
+ 432,505,004
403,691,889
/
1311,415,598
309,858,236
7.1
+
Federal Reserve District-—Dallas-
Eleventh
2,103,580
1,786,760
+ 17.7
1,558,535
1,430,174
—
89,875,126
79,376,103
+13.2
64,033,421
61,679,633
Fort Worth——
11,416,757
8,882,260
+ 28.5
6,929,758
T.403,948
Texas—Austin.
.
Dallas
:
2,771,000
Galveston..
Wichita
x
:2,861,252
61,803,555
'
'
359,397,264 » +21.1
.
22,345,730
4,611,129
Decatur
1939
3,060,870,972
1
+
149,409,186
22,262,637
-,3,211,074
32,925,000
.
'
Moines
Total
;
'
*
+19.6
+ 21.3
547,988,936/ + 9.0
468,909,637
>20.6
212,524,031 > 17.2
247,733,607
+15.2
*'
+ 11.3
727,366
.
Rapids
Chicago
,,
.
1940
353,816,212.
285,341,494
555,688,294
17,954,000
1,350,972
'-
%
3,550,149,015
249,088,917
"
"
"
"
—
*
1,099,186
18,386,000
5,823,291,
,
,
Illinois—Bloomington—
'
597,524,134
565,621,732
"
6
—-
Richmond-"——._—-
5th
6th
12 Cities
12
"
,
10
"
r—______
-York—
944,293
+ 49.7
*3,500,000
'
;
——r___.
Sioux City.
Inc. or Dee.
1941
1942
I
423*332,394
4,306,806,242
WeekEnded July 18
+ 30.1
33,696,083
'285.341.494
Bend
Des
elaborate detailed statement,
SUMMARY OP BANK CLEARINGS
v
-
-+23.7
District—Chicago—
Haute
Iowa—Cedar
week in all cases has to be
■
1,113,888
1,707,360
1,536,226
166,366
63,885,211
,
y
+
22,360,000
2,111,667
1,997,870
Wayne.
Terre
7.6
+
Complete and exact details for the week covered by the foregoing will appear
issue of next week.
We cannot furnish them today,, in as much as the
week ends Saturday and the Saturday figures are not available at time of going
In the
137,552,544
6,393,748
Indianapolis
our
estimated.
159,765,699
> 33,477,356
I
*37,500,250
„>V
5,171,011
Reserve
Michigan—Ann Arbor
Grand Rapids—
Lansing—:
South
Accordingly, in the above the last day of the
23,779,932
+17.2
212,524,031
88,500,000
—
cities)_I
(10
+
to press.
70,194,216
30,385,572
+
28,735,352
Wisconsin—Milwaukee
in
80,280,657
6.2
1,810,759
36,124,929
6,968,671
*.
i—
Seventh
+ 19.9
$6,409,193,418
$6,896,922,312
Total all cities for week
1,231,816
39,582,364
1,210,583
*101,000,000
-
; ;
Mississippi—'Vicksburg-—_;
+ 16.8
$5,308,975,452
1,100,217,966
$5,747,435,260
Total all cities, five days__
All cities, one
.."980,326,955
2,361,000
44,580,328
21.0
+
$4,328,648,497
1,178,487,110
—
+
2,730,000
>20.3
+16.2
+18.3
.>--.33,063,092
Louisiana—New Orleans.:.—
+ 10.2
147,239,720
133,364,323
84,286,349
+38.7
112,223,602
,
249,088,917
—
424,449
557,326
+ 29.6
District—Atlanta—
Reserve
Nashville—
Georgia—Atlanta—
15.8
+
'
'
,38,365,616
<
<
Mobiie——
+
99,900,000
163,805,000
9
$
837,206
,
Alabama—Birmingham-^.
114,535,416
r
Cleveland—
Ten
Federal
1939
1940
4,159,000
.
a—_
(6 cities)—
Macon
3.4
+
...
'
57,368,535 "
Florida—Jacksonville—;
+
•
180,588,000
178,174,966
—1.
Baltimore—
Total
—
406,000,000
:
;
132,597,405
111,900,000
—-———-—
San. Francisco..
Carolina—Charleston—
Maryland—Baltimore
.4.2
:
253,826,199
11———
Kansas City-
4.2
+
-
.
18
V
$
1,084,752
.»5,769,000
.
69,041,631
■
2,103,587
- < 132,724,331
District Of Columbia—Washington—
..
$2,633,174,352
"314,238,060
420,000,000
Philadelphia.—
.Boston,..
South
$
$2,743,186,314
301,088,660
—
July
inc. or Dec.
.
1941
,
Sixth
,
Ended
'
" " "
Richmond-
Our comparative
1941,
-
$
;
District—Richmond—
Fifth Federal Reserve
Tennessee—Knoxville
1942
1
,
1942
•
West Virginia—Huntington
Virginia—Norfolk___
-
'
-
rr
•
"
the chief cities of
from all
will
Our preliminary total
week in 1941. At this
above those-for the
«•"
■,
•
$
-
inary figures compiled by us, based upon telegraphic advices from
the country, indicate that for the week ended Saturday, July 25, clearings
cities of the United States from which it is possible to obtain weekly clearings
be 7.6%
ii
•.
;
'
Prelim¬
compared with a year ago.
*
•*
for each city for the
We now add our detailed statement showing the figures
week ended July 18 for four years:
\
Week
Ended
+ 36.0
4,328,000
i
1,274,700
i
Falls-
1,445021
4,429,639
Louisiana—Shreveport.
+
2.102.000
.
+ 11.8.
4,169,526
:
2,015,000
>252,777
967,002
6.2
3,426,014
3,245,050
+11.9
79,302,505
76,740,813
38,777,970
'
July
Total
18
99,987,670
111,870,802
(6 Cities)—
Inc. or Dec.
•....
.......
First Federal Reserve
<>
Massachusetts—Boston
Bedford
4,845,928
Haven—
-New
Rhode
2,985,705
•
2,042,187
•
240,019,694
Hampshire—Manchester-
654,804
578,636
418,485
7.4
824,195
24.5
3,310,568
3,226,905
Santa Barbara—
2,424,612
1,793,695
Stockton
Total
(12
Cities)
,
4.1
-
"
'
r
4,921,955
1.8
+
•
1.8
14,857,400 _+
9.3
.
715,799
353,816,212
+19.6
15,899,776
—37.1
1,297,813
4,281,663
!
10,004,989
Buffalo^
54,700,000
1,225,532
1,004,532
4,158,105,679
10,723,283
—
Jamestown
New York
—--—
Syracuse
Connecticut—Stamford———
;
5
942,172
—"
Northern New Jersey
—
———
Philadelphia
Reading
—
*
——
Total
(10 Cities)—
Grand Total
Jersey—Trenton
3,562.281
3,160,990
3,200,085;
—28.5
1,335,264
2,753,375
2,159,093
'
1,671,817
3,450,264
359,397,264
3,522,647,428
'
39,400,000
•
■
7.7
22.3
+
33,000,000
+ 14.1
705,683
779,978
2,949,302,543
7,367,417
2,767,865,467
5.1
4,548,429
3,921,515
4,827,522
317,984
+
—
4.1
—
7,291,980
;■"* 5,843,777
6.1
424,697
23,705,015
>
2.3
'19,380,443
16,645,743
29,525,011
+
7.4
23,188,915
23,902,195
459,401
—
+21.3
3,060,870,972
2,867,288,682
Montreal
5.5
3.7
473,172
641,507
+ 11.7
599,982
389,253
—
1,438,020
+
545,125
*
•
-440,663
—
•
Halifax———
______———____
Hamilton
,
(
—"
——
______--__——
_____
i
John———
:
1,134,584
1,097,551
+
9.8
435,000,000
377,000,000
9.4
1,829,801
—26.9
2,459,567
O.l
1,110,931
—
-
1,522,015
2,127,595
•
881,745
—
Lethbridge—
———
Saskatoon-Moose
;
.<
Jaw_
t
:—
<
—
1,396,624
1,119,833
New
4,995,200
3,249,200
Medicine Hat
547,988,936
+
9.0
451,729,539
388,380,952
Westminster
.
t
(
Youngstown
Pennsylvania—Pittsburgh
Total (7 cities)
3.6
2,372,449
2,303,019
+ 27.9
3,493,794
87,819,398
66,669,595
61,475,250
—
177,071,385
+
16.5
120,491,988
100,924,865
14,186,700
>
1.0
11,328,400
10,414,500
3.3
1,817,304
2,628,801
—
2,544,975
2,989,030
223,619,747
4,002,869
—25.3
179,790,516
+ 24.4
1,971,296
3,374,917
137,942,885
109,332,645
565,621,732
468,909,637
+20.6
344,151,530
288,735,635
'
+
.
Moncton
31,825,404
29,908,785
16,947,277.
+37.0
> 7.4
+19.3
.
+
+.
—.—
—
...
.
.4,313,509
2,630,402
.
6,801,599
-
4,369,089
...
2,120,514
1,906,748
+
5.0
2,923,401
+
3.8
1,838,667
2,497,876
2,276,904
4,746,495
+21.1
3,792,937
3,765,387
4,244,842
+ 36.9
404,948
..
„
1,765,865
3,775,362
.
+30.7
426,353
-1,436,354 ..+ 16.1
1,199,911
3,241,043
340,823
525,974., + 42.2
.
707,320
1,074,525
1,228,717
970,500
+
_
2.1
—
7.3
1,113,014.. +10.4
.
^ '•
485,308
1,204,041
576,642
..
..
339,870
•
.
..
-
614,346
828,197
843,698
804,989
710,385
743,887
+ 30.5
650,768
573,587
335,498
+
5.5
207,402
252,683
+
6.9
635,754
—17.6
'
742,050
694,260
945,786
1,148,362
1,228,795
+
0.9
991,773
1,052,597
4,644,213
3,850,268
+20.6
2,823,293
1,005,177
2,646,949
416,806
+18.7
325,978
385,553
-
.
—
———
—
494,918
939,930
:
+
0.1
912,952
784,515
+. 7.9
683,428
586,356
686,251
474,939
924,709
542,685
1,111,166
-
•
309,858,236
31+41^8
+
0.9
522,675
—
8.3
1,011,825
432,505,004
>
632,590
1,203,683
(32 cities)
733,230
938,535
638,160
——
621,404
846,271
479,452
2,468,052
♦Estimated.
5,595,746
.
8.0
1,848,696
4,528,247-
3,063,973.
.
.
13,284,892
-
Kingston
Chatham-^—
Total
.
5.9
16,866,657
18,988,329
.4,883,431
1,239,343
—
Sarnla
,.
.
—
Prince Albert
+29.4
2,079,153
353,969
——
*
Windsor—
3,366,894
.
„
6,845,292
996,387
-
Sherbrooke
103,049,348
•
Fort William-;—
7,294,100
93,510,083
1.1
1,667,765
.722,121
>
'
——
Brantford—
i
103,089,126
...—r
5,748,993
5,810,431
1939
;
$
6,234,175
748,113
'
—*
——
3,480,598
,
.11940
+15.7
.
5,75Q,023.:
529,389
r—
29.8
112,341,301
206,347,859
14,328,100
245,846,455
5,235,864,853
2,467,999,386
102,119,660
2,246,341
1,941,281
2,813,161
;
»
—
+ 20.2
—
1,245,378
Dec.
6,164,596
Edmonton————
Brandon
1,468,016
1,389,201
3,675,180
1.9
+
19,275,214
6,178,317
.4,151,927
7,246,938
,
.
—
+
Mansfield—
34,781,117
•
Victoria
Regina
528,000,000
2,083,252
4,943,719
143,014.000
+ 25.9
59,358,964
24,269,559
47,665,161
.V
338,578
15.4
Federal Reserve District—Cleveland—
__
41,904,243
•
——-—«
2,079,553
'
121,773,449
•
■>
Vancouver
603,772
+
3,273,387
16,363,249
16
July
or
.
112,780,369
London————————
:
5,669,891,978
2,720,589,435
%
$
$.;'
142,060,584
;
—
Winnipeg—.—
St.
;
114,912,705
Toronto
Calgary
3,550,149,015
;
Inc.
1941
"
:
Canada-
Ended
> >
432,070
542,205
<
273,810,352;
+21.1
+ 18.1
'
—
3.2
6;921,807,469
1942
Kitchener—
—.
+
*4,019,994,506
■>
Peterborough
Columbus
6.1
+
*
>35,329,808 +'
1,296,544
7,112,400
—
(1« cities)
Fearfh
+ 15.9
8.178,100,185
'
f
York—
1,387,857
*2,500,000
•
—
York
Ohio—CantosCincinnati—
Cleveland
—24.1
; 3,717,621
1,195.931
'
"
.—■> /
(111 cities)
597,524,134
Wilkes-Barre
•Total
■
+ 27.8
4,412,465
7,007,684
•
1,333,314
+ 20.7
3,399,160,041
11,294,113
6,276,751
567,177
1,491,479
608,886
1,694,245
580,000,000
1,887,875
•
2,391,415
Bethlehem
New
1,088,882
42.8
—
5,683,659
4,306,806,242
Chester
Scranton
+
8,833,549
0.4
—
858,553
-
31,719,897
-
'
'
54,900,000
6,021,341
'
431,461
~
Pennsylvania—Altoona_—1
—
5,423,501
•
31,551,925
,
274,579,644
District—Philadelphia—t
Federal Reserve
Lancaster
<.
6,858,298
'
.
'Total (12 cities):..—Third
283,657,076
24,261,230
Jersey—Montclair_—
Newark
New
,
'
-
;
915,856
200,008,000
'
3.348,116
Week
1
*1,750,000
Bingham ton
Ebnira-
Rochester——
.
+ 19.0
41,643,191
17,355,561
3,882, i70
3,005,332
154,280,000
10,231,500
532,696
•
.21,142,960
.3.943,478
—
; 1,117,616
District—New York-
Second Federal. Reserve
New York—Albany
:
6.933,860
231,812,000
'
T
!12,080,600
+ 34.8
—
:
45,276,853
+ 14.1
>34.9
9,754,541
13,611,538
+ 11.2
423,332,394
— -
_
'
1
San Jose___
+
!-
San Francisco..
757,162
.
Pasadena—;
447,757
+ 32.3
1,418,143
•
*
25,170,347
California—Long Beach—_____
7.6
28.1
62,815,272
55,337,221
1,618,803
_________
+
648,896
—
83,092,336
,
,
1 ' 74,652,656
v
.
—
Outside New
New
.»
—
—
+
14,121,206
5,600,981
5,701,788
17,018,000
"
:_
Island—Providence
.242,185,047
Washington—Seattle
Oregon—Portland-——
Utah—Salt Lake City
+
3,892,406
15,697,551
Connecticut—Hartford--.—~
+19.9
•
:.
1,020,333
3,108,132
.
,——
___.
2,066,618
943,183
448,322
1,096,166
Springfield—
+129.3
2,658,093
305,931,973
574,162
_
Worcester
'
1,015,080
—
>32,704
596,686
3.3
+
District—San Francisco—
Reserve
Yakima
*
640,811
>6,095,877
.
:>—
i
Lowell
I
S
366,868,888
/
Fall River;
,
-
1931
1940
v
.
"
661,926
Portland:
*
-
- $
>•
District-—Boston—
Maine—Bangor—
New
1941
1942
Clearings at—
-
y
v
Twelfth Federal
403,691,889
+19.0
+
7.1
787,502
526,274
Volume
Number
156
■"
4093
THE COMMERCIAL & FINANCIAL
CHRONICLE
RAILROAD
PUBLIC UTILITY
-
Academy of Mount St. Charles of the
Sacred
will
Heart
Co., St. Louis, are offering $365,000 first mortgage
.serial (3-3y4-31/2%) real estate bonds.
'
'_■-;'.Z/ =v- '■/
Dated as of Aug. -1/1942; principal payable annually Aug; 1. 1943,
including Aug. 1, 1954.
Principal payable annually, Aug. 1, and
interest payable semi-annually Feb.
1 "and Aug. 1.at. the office of
Mississippi Valley Trust Co., St. Louis, Mo,,-corporate trustee. ♦ Bonds
/ ^
/..
12
■
Brothers
the
the
of
the
Order
Arthabaska'
1,400 members
Sacred
Heart
operating, in
and
St.
for
administration
Canada
Hyacinthe
into
-
two
Provinces.
The
has
purposes"
Provinces,
Order
V> Net
bonds
and
maintain
teaching
and,
in
-
at
since
the
of
issue
has
brothers of
the
and
activities
of
the
school,
indebtedness of $450,000
at
lower
a
refund
to
of
rate
■
.
Air
V
Period—
■
Excess
profits
Normal
taxes
income
and
inc.
taxes
(est.)
Net
*3 Months
1,110,936
•The
capital stock
Income
taxes
.report, was. issued
Note—Federal
mended
—V:
155,
income
the
to
House
1748.
p.
($25 par)
/ /
this period
April. 16../„/
taxes
Ways
been
upon
Means
to
the
$7.34 './/Zf
Committee
.,■// (Including-wholly
Period Ended June 30
Gross
••'-.
sales, -less
returns
and
Operating
Prov.
for
subsidiary
owned
disct.,
;;
allow.™ $18,309,821
recom-4
;;
Net
The
the
1942.-
i
■•/;/•;!~" •:■';■
/
24,228,128
./
:
•
16,869,615
1,211,368
operating income
$4,915,759
$3,641,326
44,412
166,719
for
before
Fed.
$4,951,762
•Frov, for Fed. inc. tax.
2,828,887
Prov.
for
1942
$9,175,541
1942,
to
the
has
corporation
is
an
carried
in
the
increase
of
period
same
do
not
increase
of
include
vast
of
it
is
there
is
still
Much
of
by
air
Book
declared
under
priority
stocTc,"payable Aug;
pounds
of
at
50 cents per.
priorities
Total
$9,290,021
3,529,499
rating.-r-V.,
subsidiaries
800,000
1,325,000
Common
amortization____^__Xu___—_
share
Net
Shrs.
income
(no
$1,322,875
$1,747,504
v "•■:■'/•.
2,713,337
2,715,137
$0.49 /
$0.64
—
outstdg.
par)
Earnings
per
•Based
share—
•
$2,818,423
$3,337,756
■■;//
2,713,337
2,715,137
-
paid
$1
■
$1.04
Alabama Gas Co.—Bonds Called—
total
A
of
$50,000
first mortgage
of
^,
Cash
(cash)__L^—
S.
'
"•
26,567
•
The
of
Its
i up
corporation
(amount
'
•
the
to
shares
$19
Treasury
Notes
&
share
is
Aug.
31.
taken
from
...
stockholder
each
will
be
reduced
&
(less
tU.
All of
11958,
•
July
the-
and
1,
-
100
55
outstanding lirst lien- cumulative income bonds due July 1,
real estate 6% sinking, fund gold bonds due
have been called for redemption as of Aug. 21, 1942, at
first" mprtgage
'«
interest
and
at
the
5%
of
rate
from
July
1,
1942,
to
New York City.
-
issued
.under
for
first
cumulative
lien
From
and
after
as
bonds,
income
.
pursuant
of June 13, .1935, /
.
-
While
Aug.
trustee,
21,
1942,
there
will
also
report
,
payable at the
Stuart & Co.,
Inc., (1) all heretofore matured coupons on said bonds (2) all such
bonds heretofore called for redemption and not yet presented for pay¬
ment
and
(3)
interest. warrants heretofore
issued 1 in
payment ,of
interest for the years 1933 and 1934 on the first mortgage real estate
,6% sinking, fund .gold, bonds of. this. corporation and not heretofore
presented for payment.
.
V
■
/v
Holders of. first mortgage re.al estafe 6% jinking fund gold bonds
which have not been exchanged for first lien cumulative income bonds
of the
90,901
for
.
.
.
.
,
252,349
258,53?
$51,57?
■
Sheet
Dec. 31, '41
cost)
Mach.
of
Co.
1,392,098
300,000
__w__—_
accrued—™,
.98,585
.
>
54/U4
7,484
75,409
208,846
208,890
—
America—
reserve)—;—
/
payable
$50,087
interest
due
$102,944
249,700
254,567
14,631
1,000,000
surplus
1,000,000
6,723,490
2,531,186
shares)™.
9,257,000
6,894,886
par
41,957
9,080,000
2,531,186
June 30,
:
1942, $12,621,011; Dec. 31,
1941, $13,623,09,7,
/', ■■■/''-/.■, •■•.:// //.,:"/•':/:; //■///. .'/;,:-v./V
T/
Vice-President—•/.'L/'J
been
has
associated
since
for
a
1916,
with
both
and
number, of
the
since
company
have
been
years.—V. 155,
members
p.
1920
of
Mr).
and
the
board " of
■'%
1827.
1942—Month—1941
'
-■'
/
& Telegraph Co.—Earnings—
1942- -Month—1941
1942—5 Mos.—1941
$16,326, 767 $12,566,348 $77,099,082 $60,261,542
-' 69,865
> 317,500
348,207
rev.» - - ••
72 500
revenues____
Uncollectible oper.
1,206,699
Operating
expenses_i.__.
8,221 999
7,406,237
40,069,770- 36,358,01B
366,696
Operating
taxes___
4,314
819
2,405,578
20,112,730
11,437,702
$2,684,668 $16,599,082
$12,117,6ll
/'
,.y ■.
/
1,132,050
978,002
taxes5,027.300
3,410.093
748,636
&
excess
profits
9,800,000
12,544,800
12,544,800
7,387,182
7,,387,182
-
8,246,595
2,271,752
for
by
an
the
years
1940
and
1941
type
and
yarns
no
entries
•
have
been
that
depreciation.
on
made
Pa.
the
throughout
the
The
books.—
woolen
to
fiber blended
test
which
with wool
ana
industry,
rayon,
will
products,
is of the standard type
be used exclusively for
to
improve
156, p. 158.
American Water Works & Electric Co.,
r
.
Inc.—Output—*
Output of electric energy of the electric properties of this, company
for the week ending July 18, 1942, totaled 70,478,000 kwh., an increase
of
8.48%
week
of
over
the
of
output
64,970,300
kwh.
for
the
corresponding
1941.
table
of
weekly output of electric
energy
for the
last
five years follows;
American Box Board Co.—See
American Coiortype Co.
i
■
Period End. June 30—
—V. 155, p. 2362.
June '27_™
(Incl. S«bs.)«-Sak>s Up—;•
$2,702,109
-
Week Ended-
Page 350—
1942—3.Mos.—1941
Sales
$2,395,607
••
•
'
'
♦July'
1942—6 Mos.—1941
$5,369,067
of
methods
develop new woolen type fabrics.—V,
manufacture, and to
Comparative
*_•■'•
.
work
equipment,
The
the
the basis of the
on
*
recently
approximately
due principally
to
alleged
excessive
intends to protest the assessment of taxes
fabrics from rayon staple
at. Marcus Hook,
agent of the U. S. Internal Revenue Department.
his report has not yet been received it is
expected
will reflect a tax deficiency for-the two.years of
/■
equipment for experimental production of woolen
new
used
.
7,717,211
have
50,730,994
51,076,547
other fibers has been completed by this, corporation at. its textile unit
,
experimental
returns
1,656,573
156, p. 247/
Installation of
—$47,857,106 $44,398,468
tax
$3,717,449
American Viscose Corp.-ZFurther Expansion—
;
9,800,000
,.
income-
oper.
income*
—V.
$1,812,543
-contingencies.^-/;—t '* 1,516,501
Net
Net
'
$2,202,677
agent's report, therefore,
V. 155, p. 2362/
"
/
;
1942—6 Mos.—1941
$17,019,598 $12,126,791 $99,664,575 $70,636;'023
■
/.,
,••■:■•
'
'
■•-■(•«
274,438
surplus,
company
,
,
(at
interest
Period End. May 31—-
76,819
items
$1,100,000,
be
instead of at the office of Halsey,
_
Balance
_____________
Allied
in
owned—less
Operating
14,713,754
67,761
accounts
been examined
to
■
and
American Telephone
4,165,686
14,710,752
payable
IFederal
real estate 6% sinking fund gold, bonds originally
indenture dated, as. of July. 1,/1927, and remain
supplemental Indenture dated
office
prepaid
Total
•
'
unexchanged
other
surplus-
Earned
'The first mortgage
'were,
&
income
Capital
21,
Aug.
-
bonds
receivable
—v.; 155, p. 2362.
.
,
Street,
65,262
'/
9,275
$47,e57,106 $44,398,468
Reserves
be made at the Manufacturers, Trust Co., trustee,
Payment will
S.
ff-it.
$397,28'*
87,17i2
$480,864
/:/;'///V .;//://./
Sales :--
8,809,251
amort.)f
cumulative preferred stock ($100 par)
Common stock (769,092 no par shs.)
1945,
Broad
amort.)_
514%
'
'1942.
6,326,690
4,165,686
&
Liabilities—
•
10,652
$143,253 '/'/
Period End. June 30—
11,982
deprec.
$386,435
American Stores Co.—June Sales Up 40.3%—
r;
'
Accrued
•
(less
:•
1941
$448,555
Hochschild, Secretary of the company, and Norman Hick¬
Manager of Sales, have been elected Vice-Presidents.
Mr. Hochs¬
child
108,190
6,446,627
reserve)
less)____
or
.•
■■ 1942
:
for
directors
3,000,000
89,500
Total
•
:'
■
1,206,699
Insurance
Accounts
•
r
$5,524,507
Goodwill
propor-
"
cost
equip,
$0.55
Walter
man,
Dec. 31, '41
92,805
(at
1941'
$47,035
' I June 30, *42
owned/—4—-———__________ $17,829,572 $18,179,833
receivable
Hickman
June 30,'42
/
■
840,802
market)
(less
;■
-Earnings—
30—
expenses—_—
'
—v.; 155,. p. 2090,
Sheet
Balance
shares
Del.—Earnings-
income
•
•Market value,
$5,913,106
quoted
$3,267,950;
(800
1670.
Total$19,820,490 $19,911,144
$79,407
9,965,659
bldgs.
Patents
itionately to the nearest number of full shares.-—V.156, p. 246.
Allied Owners Corp.—Bond Issues Called—
155, p.
/Capital Surplus ■
13,725,721
subsidiaries
of
Land,
tenders of 3,300 .shares,i
flat. Tenders will be accepted
Dividend accumulations will
Aug.
(at
surplus,
treasury
1942
/20-year 5% % debentures
/Common stock (1,000,000 no
/.Earned
$250,078
Other' assets
requesting
at $100
business
June
Treasury 2%%
Reserve
$592,578
15,383,699
hand
receivable
accounts
Indebtedness
in
_______—_____________
Liabilities—
384,546
■
•
1...
states that if tenders exceed 3,300 shares, the.number.
a
be
to
of
close
The company
of
it
announces
preferred stock, series A,
until
S.
Accounts
128,625
tax'notes////_/___t/___/^i/__4,432,092
certificates________^___u.______ //:
480,000
Treasury
Investments
•
$30,646,402;,—V.
$5,691,900; comnion
par),
capital
stock
$19,820,490 $19,911,144
:V.
$2,161,272
269,182
—_
Inventories'
:/
4
($100
-r
128,625
/
Marketable securities
•
Assets—
(wholly
v
2,134,705
sale of 43,367 shs. of pfd. stk
on
■'
charges and taxes__
other
and
Investment
$647,885
deposit and
on
S.
U.
//>■/
4%%
Alliance Investment Corp.—Seeks Tenders—
total,
stock
$6,321,390;
preferred
on/debentures___/T____,u_/_T_
Accounts
V
Comparative
bonds due in 1951 have
been
for
called
redemption as of Aug.
21
at 100 V2 and interest.
Payment will be made at the New York Trust Co., successor trustee,
New York, N. Y.~V. 155, p.
2090/
/
shares),
par
$6,236,893;
income
Dividends
Surplus June
$15,633,777 $14,645,930
Earnings per common share
$0.68
$0.60
•Equity in earnings, after dividends, of subs.__
$43,510
$26,280
U.
,
no
-
•Securities
453,694
Assets—
/v/
Canadian income and excess prof lis
tax
notes owned and
accrued
interest
miscellaneous reserves, $246,578; 5%
American Metal Co., Ltd.—New
upon
$344,368),
$209,462; total,
and
Comparative
$1.23
purpose
•
.■•,/.
'
$5,873,663;
Ended
Operating
U.
1,115,000
dividends
than
32,309
Total
/■
per
551,532
(cashi__l
Prem. less exp. on
less
„
24.;
1,850,000
Balance, transferred to surplus
Surplus April
•■■J
rates prevailing under the Revenue Act of 1941. • For
of compariscn, the provision for Federal taxes on income
for the quarter ended June 30,
1941, and six months ended June 30,
1941, as previously reported, has been increased respectively by $389,794 and $728,379 to give
effect to additional taxes imposed by the
Revenue Act of 1941, approved Sept. 20, 1941.—V. 155, p. 2450.
the
"
—
stk.
com.
etc.,
.'v.'//
,
Treasury
on
income & excess profits tax. /
—
receiv¬
subsidiary
or
amortization,
taxes,
Interest
'
,
Federal
S.
after
Months
6
Interest
23,334
—.1
—
dividends
stock
for
deferred
Dividends
>
$3,049,417
:___
stock
cost
155,
3,026,082
income
income
allowance
$16,600,000 $13,100,000
from
in
investment
at
accounts
note
1,376,004
before depre. & income taxes_c—
for est. U. S.
Net
(less
insurance,
American International Corp.
.
$6,867,255
5,146,598
and
$6,642,266;
$8,765,585;
deferred
investments
v-Vy; /''■ ■
for
U,
surplus,
Debenture
67,987
;
from
notes
land, buildings, machinery and equipment
depreciation,
$9,604,974),
$8,382,165;
patents,
cost
$752,408),
income
*
;
/____
-
;
doubtful
1
$26,560
Earnings per common share//____M-,_—$0,23
—V. 156, p. 246. ;.
/'////V/V///■;?///:/'■ •//..■.
American Brake Shoe & Foundry Co.—Earnings—
:
■// :( '•'-/<"* Income Account for the Quarters Ended June 30
vtjr.:--. ./V;'://■.■'■/;;/.;/•; /
1942 i:
1941earnings,
for
etc., "$188,207),
or
market,
employees, $5,082;
American Insulator Corp. of
war
company
668,
1940,
1940.
1941
allowance
Quarter Ended March 31—
issued
of
amount
record July
Previously/ the
May 1, 1942.
quarter.—V. 152, p.
at
cost), $80,184;
Net
This
share paid each quarter from Feb. 1, 1941,
including
each
in
1,744,746
of5 25 cents per
to holders-of
1
$800,477
"$31,959;
/\/:; ' /
(989,529
of
Halved—
dividend
a
in
'
Co.—Dividend
have
(less
miscellaneous
for
unexpired
(less
months
/' *1
7
and
cost
and
$0.57
$399,256
of
substantial
without
express
1941
discounts,
of
987,438
$1.98
1941,
hand,' $5;994,639; trade notes, accept¬
cumulative convertible preferred
,
traveling
in
(Includes Federal and Canadian
in
receivable
$386,468;
reserve,
thereon,
1941.
amount
989,529
:$2.75
$446,776
1938.
on
cash
account
provision
taxes
earned
the
over
and
lower '
allowance
869;
102%
trans¬
the 912,984,150 pound-
over
a
and
etc.,
286,285
i Liabilities—Trade
accounts payable,
$1,754,341; accrued liabilities
(including local, State, capital stock and social security taxes), $1,331,-
pounds
1941.. '■;
the
less
stock
five
of
receivable
officers
$30,646,402.
Speers,
413,068
3,619,515
103%
period
same
R.
(net)
banks
at
England,
-$198,776;
'■
the first
carried
C.
company
with
"
during
increased
May
according
989,529
$3.54
$4,515,000
from
$30,000:
-licenses,
and
were
Traffic Up—
compared
express,
/-■».■;.
Preferred
taxes^.
Gov¬
Inventories
accounts
cost,
(less
current
S.
$6,799,268/
inch
conting.,
unknown
,
$3,685,738
1,938,234
in
and
in
;
during
year,
carried
This
the
directors
and
Prov.
taxes
air
of
program.
common
Net
prov.
inc.
rate.
cash
of
accounts
receivable
during May totaled 425,725,231, an increase of
199,563,267 pound-miles flown in May, 1941, and in the
of this year the1 corporation has flown
1^815,041,91.5
Depreciation and
/, Net inc.
last
During; May,
this
31.'.
traveling
Net" sales
;
745,060;
$9,123,302
36,003
of
1941.
'
'//:>•. //// ./ American Bosch'Corp.—SeePage 350—,
companies)
Oth. Inc., less Inc. chgs.
assets
30,
this corporation
Government/ but
///: '
4
40%
a
691,179
Consolidated Balance Sheet, Dec. 81,
and
inventories
able,
'•..■■
income
taxes
-/
989,529
-
1939 and $381,200 in
pfofits
tax
flown
in
•Dividends
/
June
.
American
;:
,
U 1942—6 Mos.—1941
9,217,854
384,490
654,733
-
at
$6,484,172
and
excess
income
1941
$841,169
988,360
'
stock
com.
/;..
American Bank Note Co.—See Page 350—
the
$13,243,670 $34,562,798 $24,413.9431
12,739,329
expenses—-
depr.& amort.
■
pounds
compares with
J
including
for
Federal
basis of
estimated
was
current
on
month
May, 1941.
air express
figures
war
share
,
of
2,203
182,732
$2,252,484
285.758
1,978,999
ances
50,470
f
562,479
r
281,465
1,979,004
Operating
i
.
.
1942—3 Mos.—1941
by
of
the
2272/..
$1.53
July" 15,
on
280,136
stock
T
/v/'v
as
for
on
$3,009,478
stock
Assets—Cash
$1.04 1
''; •/
months
flown
the
to
f
1942
1942,
$6,591,025,
Manager.
May
over
five
the
■p.
v
.
since
tax bill
Air Reduction Co., Inc.—Earnings—
•
of
30,
$1,058,281
carried
the'airline
material
$502,907
•/'«■.■//■-■•
..
• ■••
"
?,
,
1
$3,791,066
pfd.
excess
freight American
Airlines is flying daily under contract for the Government," Mr.
Speers
said.
/'They include only that cargo which was flown on our regular
■.passenger schedules.
The vast majority of. this cargo is material vital
213,385
recomputed
V /■///
based
are
and
r$l,16// /
have
:
.
.
for
.on-
to
"These
•
328,108
on
of
of
shows that
year
miles
•'
•
Mar. 31/42
$2,407,183 /
$380,285
share
per
shares of
June
$1.70 Z-
•/,
incurred
was
provision
determined
was
pound-miles of air express, a 99%
1,694,722 /
profit Z___v
Earnings
The
1941
£
11,954,588
common
$26,259
liability
no
period.
months
of
corresponding
Pound-miles
by
*
six
as
securities
analysis
first
$2,411,014 L
.
first
Traffic
pounds
4,403,665
213,385
that
states
current
months of
assets
835,754
An
$7,921,784
—
for
express
ported
836,368
surtax
report
transported in
.
$1,430,038
(est.
$125,703
$20,579
t6,4U,464
5%
.;
the
over
•
;Gross profit before Fed.
639,225
/
for
Eastern
•113%
Ended
955,445
48,968
/
taxes____
on
$235,515 in
•
present outstandings
12 Months
1,268,180
/
-42,986
•
on
$665,484
American Airlines, Inc.,-—Express
Order
interest.
3 Months
$1,081,148
3,488,045
40,065
outstanding (no par)
■Earnings per share____
19,347
$1,288,759
683,498
3,705,478
Divs.'
124,373
:
751,718
4,209,646
patents.
for
'
$809,204
Z
•412,819
'709,072
5,409,312
A
(net.)
Shares
>'
■
1938
...
gen'l
____
income
-
Years
1939
Divs.
254,097
27,106
;
.
637,821
$2,141,913^against $1,343,370;—V. 155, p. 2450.
;./•■ ■/:/.''■•• //■
'.//''v.'Ended
Ended
.//'//
/>■■;,/■'/!/ June 30,'42 June 30,'42
/
,
Net
•
$555,107
■
Acme Steel Co. (& Subs.)—Earnings—
i' •'■/.
-
"
Calendar
1940
•
908,559
&
(net)
of
Provision
950,634
.
$1,521,073
/../'. 33,798
sales
Amort,
for
Account
$49,733,778 $30,643,946 $24,503,132 $19,461,132
33,173,313
20,718,178
17,182,006
14,215,014
_________
admin.
•Interest
5,254,883
62,353
$1,960,378
liabilities
current
...
express
•
$1,458,720
of
expenses
$6,760,624
6,164,328
973,967 '
sales
Selling,
v
1940
$8,597,015
$1,893,621
dividends
ernment
-
Motherhouse
Purpose—To provide funds with which
'
,
1941
8,499,814}
j'.'' . ■ /' ;
j
Income
1941
Cost
S. .■ Government securities,
amounted
to
$9,734,995 and
liabilities were $1,304,097.
These compare with cash and U.
"
,
■
Depreciation
.U.
the
Hyacinthe, whose
/• /./ //:
Granby, Canada,
1942
),
charges;
and
this
at
'
Income.
Current
principal and interest on the bonds of
unconditionally guaranteed, in legal tender of the
located
Consolidated
155,
66,757
for last six
United States of America, by the Motherhouse
corporation of The Order
of the Brothers of the Sacred
Heart, Province of St,
is
'///
30—
per share of capital stock" / ."'•• $2.03 ~
"Includes excess profits tax.
//// ;•'■•/
1
law,
payment of
been
June
income
Note—The
of Mount St. Charles of the Sacred Heart,
the school they have evidenced consistent progress
students
Guarantee—The
this
39
are
/'
pro¬
Co.—Earnings—
profit'"
-
taxes
Academy
opening
enrollment
There
Cement
™_/__^__„_^___„_Z._/$l0,393,435
;profits'taxes
are
schools.
American Chain & Cable Co., Inc.—Annual Report-—
each
♦Gross
Surplus
■■,-■'
"V
Sacred
school or
a
of
1942,
indenture—-V.
supplemental
■"•.'Earnings
the obligation of the Academy of Mount
Heart, a corporation, duly incorporated in
Rhode Island, Dec. 23,
1919, for educational purposes and to establish
the
1,
;
expenses.._____
Common
Sinking Fund—The indenture specifically provides for the deposit/
monthly of 1/I2th of the. interest and principal maturing during the
of
amount
to July
MISCELLANEOUS
-
"Includes other
,
Charles
above-mentioned
'Federal' taxes wZj-Z
Ottawa, etc.
A
substantial portion of the revenue received by the
■Brothers is provided by a school tax collected from the Catholic School
Commissions of the districts wherein the Brothers operate their schools
.and also by the students' tuition fees.
Maker—These
.
Operating
Income
*•
Canada, and owns or operates more than 70
including normal schools, academies, commercial
colleges, theological schools and boarding schools situated in'Montreal,
Sherbrooke, St. Hyacinthe, Three-Rivers, Chicoutimi, Granby, Quebec,
Ste-Anne-de-la-Perade, Trois-Pistoles, Montmagny, Rimouski, Matane,
St.
Ended
sales
"/ Total
over/
educa¬
with the corporate trustee, said funds to be held for
specific purpose of paying the Interest and principal as.it matures.
the
above-mentioned redemp¬
principal
1933,
1,
'
has
year
the
the
Other" Income
tional establishments,
current
to
of
"
/
namely,
in
40Va%
Depreciation
History—The Order of the Brothers of the Sacred Heart was founded ?
Lyon, France," in 1821, for the purpose of education 'and teaching, /
The first House in Canada was founded in Arthabasfca
in. 1872, -and
'the Order was duly incorporated in Canada in 1875. -The* Order
of :,
'the
to
r
Mos.
Net
in
-diveded
in
Operating
^ / /■';,•/.
;(
for
;/ Alpha Portland
in coupon form, $500 and
$1,000 denom. - Any or all of said bonds may
be prepaid and redeemed on
any interest date at par and Interest on 30 \
days' notice to corporate trustee.
J. F. Tegeler, St. Louis, Mo., indl-f
//./.%' •,"■"
in addition
equal
INSURANCE
-
American Aggregates Corp.—See Page 350—,;
.
to and
.
sum
2178.-
p.
•
a
bond, being the interest from Jan.
vided
,
INDUSTRIAL
entitled to receive,
price,
•such
&
'vidua! trustee.
be
tion
;(Woonsocket, K. I.)—Bonds Offered—Dempsey-Tegeler
>
307
1
.
July
$4,962,683
.■'-,
:
.
■
<)
1942
-
1941
1940
1939
1938
69:485,000
65,016,000
52,682,000
4___
64,688,000
57,275,000
45,057,000
11___
68,709,000
62,960,000
52,596,000
-46,361,000'
39.814,000
70,478,000
64,970.000
52,700.000
45,100,000
39,518i000
July" 18
•Includes
national
holiday.—V. 156,
p.
247.
45.814,000 .37,513,000
38,876,000
33,488,000
.
.
•
•
-
/
THE COMMERCIAL & FINANCIAL CHRONICLE
308
declared a dividend of 50 cents per share
common stock, payable Sept. 21
to holders, of record Sept. 1 •,
amount was paid on March 23 and June 29, last.
Payments
were as follows! March 24, June 23 and Sept. 22, 75 cents each,
directors on July 23
the
on
like
A
in 1941
and
group, was 119,744,509 ..units (kwh.)
units or 8.8%
above production of
Coi-50-Cent Dividend—
Anaconda Copper Miningr
The
.
trustees
in
listing and registration on the Exchange/therAmerican /shares ■ repref-i
senting. participation preferred stock of company, in, view of'the'small ■'„
amount outstanding and the small aggregate indicated market .value.
—V.' 154, p. 1050.
) •■.
Corp.* — Setting • Up New
Independent of System and Com-,
4
,
T
.
£
.
.
formulated* plans for a new •
organization, it was disclosed July 20. Under the new arrange¬
ment the A. G. & E. service unit would be completely independent of
the system and would have to compete for business against other con¬
cerns in the utility engineering and service field.
Currently known as the Atlantic Utility Service Corp: the A; G. &. E.,
The
reorganization
have
of reorganizaion, dated as of Dec. 1, 1941, became effective
16, 1942. On such date the company's stockholders approved
'such plan and authorized the waiver of the moratorium provided for
by the Second Transitory Provision to Title Fourth of the Cuban Con¬
stitution, adopted June 4, 1940.
Checks for the cash payment of $20
July
$100 principal amount of deposited debentures provided, for in the
'plan are now being mailed to depositors.
The securities participation
certificates provided for in the plan will be mailed by registered mail
to such persons as soon as possible.
Of such cash payment, $5 repre'sents the interest which became due on the debentures on-Jan. 1, 1942,
under the terms of the debenture agreement.
Holders of debentures
■who have not deposited under the plan may receive such interest upon
surrender to The Chase National Bank of the City o( New York, U
.service.organization is to .be taken over-by a group,of its department
"heads and employees and reorganized under the new title of Gilbert
"Associates, Inc.
The capitalization of the new. concern, will consist
"entirely of common stock which will be subscribed to, in large measure,
"by"the department executives',"with the balance being reserved for sale
New York, N. Y., of. Coupon No; 21, due on said, date.
>
of debentures who have not yet deposited under the plan
:
Broad St,,
Holders
,
for
of
3%
1Va ft
and
entitled
are
additional non-cumulative
to
interest
annum,
,
has been paid
interest
,
Both
class
and
A
per annum only after all accumulated
the class A certificates.
- i
on
,
B, certificates
'sinking fund.-—V, 155,
593.
p.
entitled
are
to
,
ft/ft
'Report—
r
Income .Account
Oeprating
„!
-
141,681
Total
oper.
$1,670,274
revenues,
pur¬
chased
324,930
313,673
402,9i8
418,991
363,324
111,630
150,184
466,951
412,885
98,925,
148,752
-114,033
176,392
124,691
176,447
117;344
111,822-
133,536
128,657
1
106,801
56,859
130,408
71,056
83,321
83,321'
income,,"..,
$371,211
$343,248 'ft". $439,467
Other
1-
Depreciation
Taxes, oth. than income
and- excels profits-,.,:
—
Income
Excess
—
profits tax
Net
Div.
taxes
oper.
rec.
received'by trustees of A. G. E. Corp. and. A. G. E.
the Hopson group through the operations of the so-called service
companies (claims approximating $6,250,000) and claims arising out of
,
transactions/pursuant to which, assets were diverted to the
■'Hopson group (claims approximating $15,600,000;.—V. 156,; p, 248.
-
:
from subs;,,,,
.Other Income, net
—I—
.
'25,457,'
•
$406,927
v
-
—
"
2,995
2.687
$371,262
$442,462
$409, 614
121,601
114,052
•■132, 664
2,814
2,557
$374,025
103,051
-
——
income
Gross
——
;Int. on long-term debt,
'Amort,
of
debt disct.
&
;
Other
•Divs.
income
7ft
-on
622
2,135
5,641
4,978
5,882
-.
1,127
1,402
stock of subs, held by
Net .income
1
Divs..
on
Divs.
on
1
$262,714
——---
pfd. stock-.—1
$243,348
>
56,692
stock—^
com.
*
Balance
56,692
Merchandise
O^er
99,699
'
•
(Materials
Total
Drl 1,676
-
Drl4,674
f
8,962
37,226
-Rent -income
Net ry.
2,871
60,000
82,985
10,227
10,227
116,026
......--.?/•■■
interest
Other
v
current
Customers'
52,897
$46,429
$938,325
liabilities
advances
Reserves
118,765
260,386 :
288.404
Contributions
in
,
of
:
?!._
6,542
8,488
const rue tionv--
45,000
8~42~846-
_
construction,-—:
—
•
1,066,533
.5,421.
ft
25,246
537,109
-476,450
536,957
$6,056,743
$6,817,206
ft-ft.,,-.
—
43,165
39,421
—
....
aid
^
__
1
for
_■
Capital surplus
Earned surplus
•■
.<■,
—1—
ft; 97
568
ft /!
1
charges'.-'ftftift-ft'
\
58,942
unfunded debt-
on
''ft'.'-.
$947,038
$46,526
$45,333
:Int. oh funded debt
356,363
61,232
.
2
:
$934,961
ft
:
368,174
:
2,954
16
ft
.' ''
,
824;'
4,812
'ft
Net
..
(
*
income ?_ft.ft,—
Deficit.—V.
*$14,401
5,014
585,440
;
$558,819
$585,847
*$15,530
/' '• r *7' r
155, p.-2452,
*'
indebtedness
referred
above?,
to
1963
(3) Kellogg will exchange
for its 6ft
demand note, in
a new 6ft, promissory
the. amount of $100,000.
)
Another proposal included in the declarations,
as amended, provides
that Boise will adjust, its property and plant accounts to the basis of a
Thc
:
'
?■
Baldwin Locomotive Works—June Bookings—
bonded
•
Amort, of disc, on fund.
'
$1,000,000
as of May 31, 1925, by the Public Utilities Commission
of the State of Idaho for rate-making
purposes.
In connection .with
.this latter proposal General will deliver for cancellation $373,000 of
Boise's common stock, thereby leaving Boise, with stock outstanding
in the amount of $750,000 par value.
ft The securities of Kellogg, to be acquired by Boise from General Ih
exchange for $165,000 par value or Boise's common'stock, were pur¬
chased by General- for $165,000 cash from American States: Utilities
Corp, in 1939, the transaction being approved by the Commission.
The $950,000 20-year 3 V2 ft bonds, to be Issued by Boise and sold
privately to the Northwestern Mutual Life Insurance. Co., are .to be
•secured by the lien of an indenture constituting a first mortgage
one
the properties of Boise and of its subsidiaries, Natatorium and
Kellogg,
$923,973
•ft 10,988
ft
8,713
the
^valuation made
Income avail, for fix,
:
2,750,000
——
taxes
Accrued
85,000
2,530:000
61,276
deposits
Accrued
944,875
.
60,000
—
■note due
$871,0.76
64,805
$44,765 ft
of
rheld by Boise, and
""387,692
$873,520
(netjft—
balance
shares and to issue 730. of such additional shares to Boise in fexchahge
for the cancellation of $73,000 of Natatorium mortgage bonds now
$1,258,768
35,955
,
ft?
and: between. Boise, and- its -subsidiaries,. (1)
,
$10,474
ft
$750,000
Boise's $1,000,000
ft
an additional 2,080 shares of common stock in exchange for twodemand notes, in the aggregate principal amount of $188,000'and
an
open account Indebtedness of $20,000; (2) Natatorium proposes to
increase its authorized common stock (par $100) from 1,000 to 2,000
1942—6 Mos —1941
34,298
ft
of
eft
$166,121
944,875
—
payable.,
Customers'
oper, income-
.'*
properties,, while
and
ft
1
Boise
the
].
$10,467
(net)---—
income
Other
;
$6,817,206
$166,167
—
29,504.
present
inter-system indebtedness, between General •
Boise: proposes *
fto issue to General 2.500 shares of its common stock in exchange for
..-V
-
$1,526,057
652,537
$39,978
$41,998
31,531
debt .ft-ft-ft—-ftft;
($1 par)———
r
its
';v To adjust the, remaining
$332,295 / $3,820,694. $3,274,677
' 292,317"
2,294,'637 ■ - 2,015,909
.
to
is to be paid to General in partial satisfaction
'•present bonded indebtedness to its parent.
v
'
payable
!
123,385
7,806
;,w,,$6,056,743
serial notes due' in 1942—
■
■
oper.
...
.
.7ft cum. pfd. stock held by public (par $100)-.
.Long-term debt ft
,„ft,_i.
"Dividends
ry.
44,909
charges——-——.
cumulative preferred stock (par $50)—.
•Accounts
f$2OOi0OO fojr improvements,,
at
;';_ft ft '
*
..i-ft—_ft—28,115'
expense-—
$391,177
349,179
.
..
,
359,547
100,471
■
and
stock
Superintendent
-..^ft ■
-
1942—Month—1941 "
* -
*
4,165
ftft—
fr.
Net rev.
Liabilities-
6ft
appointed
been
-
revenues
55,408
•
48,160
—i-..
s
——————
Common
has
r-
Ry. operating expenses.;
Consol. "*
103,228
56,474
sft.
—;
—
operating
Int.
.,
>•.
Bangor & Aroostook RR.~Earnings—
$6,035,704
.
-
—!
deferred
.
Period End. June 30-2
Sheet, Dec. 31, 1941
and. supplies—u—--ui. .ft
discount
Debt
.'Other
/
Appalachian Electric Power Co.~See Page 351—
Ry,
tktc-.U:' Lf r.ncollectible accounts...
(Prepayments
who
Arnold,
G.
' Atlanta Gas Ligiht Co.—See Page 351—
•
99,671
•;.'•■• 2,714
accounts
accounts
H.
—V. 156, p. 248.
56,692
116,281
56,692
116,313
.
•
.
Newton, Kan., and the promotion.of-R. D,. dousing to succeed Mr. Noe;
$263,427
$313,041-
■
Assets— !
Co. only
Utility plant, including Intangibles-. ft—
-ft ' $5,068,042
Investments and other assets--i—--i—
384,393
:„ft1
312,869
Special deposits
——£
44,559
Customers' service accounts———i. .^.-fti-ftl •ft-! 71,290
•
bonds, due June, 1943,
the initial step in accomplishing the designated purpose.
Boise
acquire from its parent, General, all the outstanding securi¬
ties of Kellogg consisting of a $100,000 6ft demand note and 65,000
shares of common stock (par $100) to be Issued by Boise.
The stated
'reason for the acquisition of Kellogg is to, supplement •the" properties
which will be subjected to the mortgage securing, the $950,000 20-year
first mortgage bonds which,-as the second step .in.the-proposed
'program,
Boise will sell privately to the Northwestern; Mutual Life
•Insurance* Co. at .a price of -101.% plus accrued interest. ,
■
• ?• /3
ft, Out of the proceeds from the sale of bonds,: Boise* proposes to expend *
,of:J.. J8r .Noe,: Superintendent, of Chicago Terminals,- . tor..the; superiirtendency of the Illinois and Missouri divisions at Chillicothe, 111.;, suc¬
.,
5^950
5,950 *
k
Proposed Transactions—The proposed transactions have the two-fold
-and
public
V
insurance Co.—
As
pfd;
cum.'
Privately—The SEC
an
sell privately
proposes to
•
' » 1
^ ' *
Mr. Etter include the appointment
ipersonnel at Chicago; /
•
•
Other promotions announced by,
ceeding
$32,861 loss$89,147
trust
.
■;
1 ,203
$95,551 loss$23,276
54,523
65,871
8,167
'
of providing Boise with working capital to- finance, necessary ■improvements and of supplying General, with a substantial portion of
ftthe funds needed for redeeming its. outstanding .first hem and collateral
.'Manager of thei Santa; Pe's, coast lines at Los Angeles, and succeeds
C. Jefferisft whose .appointment as General- Manager of the^onl-
,099
713
deducts.,
.
purpose
tpany's Western lines at.Amarillo was announced last week.
.
L. p.. Comer,. Manager of the personnel department, at Chicago since
I941,i has been made Assistant to .the General' Manager at Los Angeles,
.'succeeding H. H. Tisdale; who. assumes Mr. Gray's duties. ; Mr. Comer
; has been succeeded as manager .of personnel at Chicago by J. -J. Drury,
formerly system supervisor, of wage agreements. : A. D; Stafford, K; W,
JRasmusson and. A. F. >Youngberg have been made Assistant Managers of
1 }271
1,493
expense
General interest
■
,
•
:G.
!
62,396
and its subsidiaries, and (4) the redemption of $750,000 of outstanding
bonds by General.
v/ft:*
ft ft/: ■ft ',h;
ft
,
-
'
ft
has been appointed as; Assistant1 to the Vice-President,
headquarters "in• Chicago:
He; was formerly, Assistant General
Q. L: Gray
with
$271,981
,
-
.
Atchison, Topeka & Santa Fe Ry.—Promotions—
;
' ;
with the SEC pursuant to Sections 6, 10 and 12 of the Public Utility
.'Holding Company Act of 1935 ("the Act'') and Rules U-42 and U-43
promulgated thereunder.
Such joint- applications and declarations re*
.late to the following proposed transactions:. (1)
the acquisition of.
ftKellogg's outstanding securities.by Boise from General; (2) the private
sale of
$950,000 of bonds by Boise; (3) the adjustment of intercompany indebtedness between General and Boise and between Boise
which are recommended for allow¬
against- the
362,578
like
' :
application to the SEC reveals the following;
ft*
General Water
Gas & Electric Co.
and its subsidiaries,
Kellogg
Power ;& Water Go; and Boise Water Corp., together with Natatorium
'Co;, a subsidiary of Boise, filed joint applications and declarations
'security
,;
A
(see V, 155,
The
$1,683,240
$1,947,027
$1,450,738
July 2 issued
-tual'Life
of claims against the Hopson group;
by
•
14.
■;
order granting company permission
$950,000 20-year 3Vz% first
mortgage bonds at a price of 101^ to Northwestern IVhr-
•
Operation—Power
Maintenance
'
117,502
.
$439,043
50,359
116,703
$208,381
issue and
to
•
Hopson .assets consist -ofclaims-, of the ^distributee
companies to recover profits realized at the expense of such companies
,
$1,805,346
settlement
Claims against the Hopson groupance
Consolidated
1940
$1,565,738
141,681
117,502
1940
$1,333,237
Ice
' ft-;.
'
in
Co.
record Aug,
Oct. 31, 1941
199,161
$469,938
Boise Water Corp.—Sells Bonds
•
Hopson
The assets were
;•
Years
1941
1941
$1,528,593
revenues:
Electric
1
Calendar
for
Company only
;
•
' V
■■>.
.
Annual
—-
of
on
154, p. 2453.
;on
3,
market
mated
Arkansas-Missouri Power Corp. (& Subs.)
]
» ~
.
.
.
of June
As
.
June 27,'42 June 28,'41 June 29,'40 July 1,'39
Net profit
-V.
group pursuant to an agreement dated Aug,
;
-ft/ft'/
1942, these assets had a total market value or esti¬
value of $2,073,711.
so-called
1941.
4,
;
•
holders
and
'
;prov. for Fed, inc, tax-
on
the
•of
.the benefits of a
,
to
1
,
SEC. has
,
Sept.
paid' on March 1; last,
Quarter Ended—
ft
..
.
payable
was
Gperating profit
Depreciation- reserve ft-',?'
given interested parties until July 30 to request a
the application of Denis J. Driscoll and Willard L." Thorp,
/ trustees of
the .corporation, under which' the, corporationftwould dis¬
tribute the assets received from Howard C. Hopson and other members
The
hearing
Class B certificates receive 3ft
.
i
Hearing Time Limit Set by SEC—
►
up
the
payable after, all, accumulated .intereston
'class A and class B. certificates, to the extent available.
;
per
system.
•
■
(Sidney) Blumenthal & Co., Inc. (& Subs.)—Earnings
:
for. July -30'at
Associated Gas
'*
'
dividend of $1 per share on the/com*
a
396).—V. 155, p. 1009.
p.
,
the
stock,
amount
.
in
Repurchase
•'
•
Co.^l Common. Dividend—
The directors have declared
•mon
Inquire into the relationship between Atlantic
subsidiaries
To
—
"
(E. .W.) Bliss
"•
be
the proposal
on
Corp.
to stockholders Inviting tenders,
shares of its preferred stock at
common ,stock at $14 per share.
to 150,000 shares of $2.50 cumuL
no par common stock.—V, 155,
'p. 2179."
Philadelphia. The SEC will
Utility Service and the
new organization
and also determine what conditions, if any, should
be Imposed, to insure the maintenance of competitive - Conditions in
any contracts entered into between Gilbert Associates and the various
hearing
<
to
■
to
Services
,
rate
charge.
mum
.
Loan
corporation has sent: a letter
to repurchase not more than 50,000
•$50 per share, and 314,989 shares of
Outstanding capitalization amounts
pref. stock and 2,314,989 shares of
i
in no event to be less than a stated mini■•'
»/
'■■/"••;■■
.■ft.'1'
provided by the new organization, include general
.engineering, purchasing, rate and' research consultation, labor rela¬
tions counseling, safety direction and engineering, chemical engineering
and other services such as cost accounting and blue printing,.
,
The SEC intends to look into-the matter, however; ^and has called a
■
1942. .
plan provision for reduction in debt and interest charges
.are as follows:
•
•
Holders of the 20-year 6ft income debentures will receive for. each
$100 principal amount and accumulated interest $20 in cash and $8.5
principal amount of securities participation certificates, class A.
Holders of 20-year 6ft income notes will receive certificates, class A,
equal to the nearest multiple of $85. to one-third of the principal
■amount of the deposited notes.
On the balance of the principal amount
they will receive securities participation certificates, class B.
There is no change with respect to the common stock of the com¬
pany except that stockholders waive application of the moratorium
.provided for in the Cuban, Constitution relating to debts.
The securities, participation certificates carry a cumulative interest
Industrial
>.
The
■
•Associates, :plus 10ft, but
.York,, N, Y., on or prior to Sept. 30,
,
employees of the organization.
Associates, Inc,,ftit is-proposed,'. will continue to perform ser¬
the A. G. & E. System that had previously been handled
.
participate therein by depositing their debentures, with The Na¬
tional-City Bank of New York, depositary, 20 Exchange Place, New
Under the
.
,
Gilbert
vices
may
■
other
to
shares of
Beneficial
.
,
has withdrawn Its registration statement (2-4975) fo?
common stock (par. $1),—V; 155, p. 1403.
company
■Shares—•
,
,
The
57,412
by Atlantic Utility-Service Corp.
However, such services are to.be
performed only upon the direct request of the subsidiaries of assaciated system and the. charges for such services will be cost to Gilbert
per
Bellanca Aircraft Corp.—Registration Withdrawn—
/
service
The plan
Exchange will hold a hearing July 31 to con*
advisability of making: application to the SEC to strike frocp '
New York Stock
The
Electric
pete with Rival Concerns—
on
,
sider the
Associated Gas &
Declared Effective—
Antilla Sugar Estates—Plan
Belgian National Eys.-—To Delist Stock—:
This is an increase of> 9,735,032
110,009,477 units a year ago.—V.
248.
p.
Service Unit—Will Be
155, p. 2362.
22, $1.—V.
Dec.
156,
indenture, has. been
1939/
It
qualified under - the Trust Indenture Act of
contains, among others, the following provisions:
(1) Boise
less than $38,500, plus
■must annually appropriate for depreciation not
•2ft of the amount of net property additions;
-
'fund
deposit of 1ft
of the
(2) an annual sinking
greatest principal amount of bonds at
any
ftCkarles E. Brinley, President, announced that dollar value of orders
ftime outstanding must be made for purposes of retirement;
(3) any
.taken in June by this company and its wholly, owned subsidiaries was
or all of the bonds may be redeemed at the
option of Boise upon the
; $12,714,166;
This compares with $11,285,003 in May and $8,477,418
payment of the principal amount plus accrued Interest and an .initial ?
"in June, 1941, and brought bookings for the first six .months of 1942
premium of five points-over the sale price, to be reduced '/< point In
to $245,471,555, against $45,354,147 for the same period of 1941.
each succeeding- year until 1954, alter which the annual • reduction
Sales, billed by, Baldwin Locomotive Works and. wholly, owned subshall be increased to Va point to 1960, after which it will be %
point
sidiaries in June aggregated $14,649,612,
Including -billings of cost
'in 1960 and1/* point in 1961;" (4)
a -restriction is■ Imposed upon the
".under cost-plus-a-fixed' fee contracts,"against $13,576,676 in May and
payment of any .dividends which would reduce the equity "cushion,"
,$4,860,892 in June,'1941; Sales billed for the six months, of 1942 were
below the figure at which the same existed as of
May 1, 1942, and (5)
: $74,282,251", against $19,607,510 for the same period of 1941.
additional bonds may be issued.only to the extent of 60% of the. cost
On June 30, 1942. unfilled orders amounted to $332,170,104, against
of net additions and-improvements, as defined in the indenture.
The
.$161,942,347 on Jan, 1, 1942, and $135,431,191 on JUne, 30,1941.
ft,price, of. 101 ft, plus accrued • interest,: was arrived at by arm's-length
; —V. 155, p. 2452, .
/,;;;
v
ft'?
ft; ft
bargaining and "appears to be in. line, with current prices,
of; similar
.issues..
We, therefore,- make, no' adverse, findings^ with* respect to
such" price.
(Ludwig)^Baumann & Co.—Subs. Seeks-Tenders— ,
''
v 'ft';
*^; ■"■■ •
.ft
ft'
.ft.-It.appears that the proceeds from the Sale of. bonds by Boise are to
Pursuant to; the, pro visions of the plan or reorganization, proposed1 by
.be applied to such needed improvements and- to the refunding of its
the Elbeco Realty Corp., a subsidiary, and declared' operative-by it
..
,
1
.
Total
-V.
—
155, p. 2178.
>
•
•
•
Arkansas Natural Gas Corp.-—Accumulated Dividend—
'
The directors recently declared
dividend of 15 cents per share on
a
account -of accumulations
•
on the 6ft
cumul. pref. stock, .par $10, pay¬
July 30 to holders of record July 23.
This compares with 55
paid on, April 29, last. Payments in, 1941 were, as follows:-Mar.
31, 30 cents; and Dec. 29, 60 cents.—V. 155, p. 1827.
able
cents
,
r
•
,
An
interim dividend
common
of 25
cents per share has been
declared
stock, payable Sept. 1 to holders of record Aug, 3,
1
tlie
on
r
■
A similar
Sept.
was made on March 3 and June
1, last.. Payments in 1941
follows: March 3 and June 2, 25 cents
each; Aug. 1, 50 cents;
as
1
and
2452.'
p,
Dec.
1,
25
cents
each,
'
and-Dec.
23, 75
cents.—V.
^
155.
.
•
Asbestos Mfg.
A
dividend
of
35
Co. of Indiana—Accumulated Dividend
cents
per
share has been
declared
on
account
•
on the $1.40 cumulative preferred
stock, par $1, payable
1 to holders of record July 15.
A similar distribution was made
this issue on March 10, last. - Payments in 1941 were as
follows*
Feb.
1
and
March
28,
35
cents
each;. April
Aug. 1 and Sept. 1, 35 cents eaclu
'cents.—V. 155, p. 1008.
Associated Gas & Electric
The trustees of Associated Gas &
tnded
July
17,
net
electric
output
Nov. 1, 75
29,
70
cents;.
June
said'plan
,
Beech Nut Packingf
:
6 Mos. Ended June 30—
Net
profit
Federal
cents,,and Dec. 22, 35
Earns,
524
^
per
after
-
*And
excess
'
1942
estim.
t^xes
w *$1,275,619
sh". on 437,-
shs.
com.
(par $20)
Electric Corp, report- for the week
of the Associated Gas & Electric
Co.—Earnings—1
'
-
13
Co.—Weekly Output—
company,, a fiscal or. financing ,agency/>. Accordingly, the issuance and
sale are
entitled to an exemption under Section 6. (b), and do net
.require approval of this Commission; the Commission,• may, however,
impose such terms and, conditions as it may,deem- appropriate in the
•public interest or for the protection of • investors of • consumers:
For
■similalr reasons, an exemption is available with respect to the
common
.stock to. be .issued by Boise in exchange for the. securities of Kellogg
and for a portion or .its indebtedness to General.
■
The sale of Kellogg's securities by General, to Boise and the
exchange
'of Boise's debt securities by: General, for common stock of
Boise are
.
.
.
.
—V. 155, p.
1672.
•'•<•*
"
•
securities
.
or
the
'.stock will be in
*$1,561,491-t$l,461,018't$l,094,055
'
.governing
transactions between affiliates and capital contributions..
Upon consideration of the record, we do not find that the proposed sale of
Kellogg's
1939
1940
or
that
exchange of debt securities of Boise for its
contravention
such transactions
of
will be
Section 12
or
detrimental
to
the-, rules
the
common
thereunder
public interest
or
he interess of invesors or consumers.
.
$2.92"
$3.57
$3.34
$2.50
$1,706,000 in 1942: and $365,000 in 1941^ fdr
tAnd after dividends on class A preferred stock.
deducting
tax.
*
stocx
*
after
profits
' 1941' •:
-
1
^subject^to Section 12 and Rules U-43 and U-45 thereunder
of
accumulations
Aug.
ion
sinking
-
to
•
.
.
•
mortgage fee- 6ft
(modified).;
Pursuant
•distribution
were
first
fund gold bonds, due Aug. 15, 1942
•
'
•
;
'I
"'r 1 'ft
I ■
of "reorganization the Continental • Bank. Sc
Trust Co. of New -York, as successor trustee, 30 Broad' St., N. Y.'City,
•will until Aug. 10, 1942, at 3 o'clock, receive written proposals'stating
the bond.numbers,, for the sale and delivery to it as such trustee, on
Aug, 15, 1942, of bonds of said issue in an amount sufficient ,to "exhaust
as nearly as may-be the funds available - for the retirement of bonds
as required by said plan at not over par and accrued interest.
Interest
at the rate of 5 ft
per annum will be paid on said bonds through
Aug. 14, 1942.—V, 155, p. 1008,
ft
-•
+'
'
'
1
►
Armstrong. Cork Co*—25 -Cent Interim Dividend—
■
debt to its parent.
On the basis of the record before us, we find, that
the issuance bnd sale of "the bonds are for the
purpose of financing
the business of Boise which is not a
holding company or a public
utility company within the meaning of-the Act, nor an investment
under date-of-Aug. •• 15, 1936, said corporation has deposited*^with the
trustee designated in said plan certain funds amounting., to, $25,096.40,
to be used, for the retirement of Lud.wig Baumann Brooklyn;i,building
:
The
acquisition by Boise of its outstanding bonded debt, from General
^is subject to Section 12 (c-) and the standards of Section 10, and since
"cash and securities are to be the consideration for the*
surrender
(Continued
on page
337)
.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
156
Stock and Bond Sales
DAILY
NOTICE—-Cash and deferred delivery sales are
disregarded in the day's
range,
New York Stock
«»
WEEKLY
-
unless they
309
are the
Exchange
YEARLY
-
only transactions of the day. No account Is taken of such sales in computing the
range
for the year.
i ill iiiiiiiiir
United States Government Securities
Below
we
furnish
Stock Exchange during the current week.
July 18
Daily Record of U. S. Bond Prices
Treasury
,
Figures after decimal point represent
July 20
July 22
July 21
July 23
July 24
Daily Record of U. S. Bond Prices
Treasury
Low
2'As,
1952-54—
Total sales
|
107.7
[Close
107.7
Total sales
100.16
100.16
100.12
100.12
100.16
100.16
100.16
100.12
100.12
100.16
100.16
100.16
100.12
100.12
100.16
1
7
6
(Close
sales
in
$1,00
units—
103.1
Low
Low
103.1
103.1
V
■■■
»
v
:
103.1
—:
in $1,000
104.7
104.7
104.4
104.7
104.7
in $1,000
■
2 V:
■■■■a'.:.
2'As, 1952-55
Low
(Close
Total sales
*2
(High
in $1,000 units
VV'.-V-
[High
■(
2'As, 1954-56
V
Total sales
3S, 1946-48—
1947
2s,
-
Total sales
(High
i Low
-
•(
-
in $1,000
units
%'r
2s.
(High
March
1948-50
j Low
(Close
Total
IV
sales in $1,000
' v... .Vo
Low
—_
sales in $1,000
'V
units—-
(High
{ Low
2s, Dec. 1948-50
(Close
units
110.14
(High
110.12
110.12
110.14
sales in $1,000 units
110.12
110.12
110.14
Low
(Close
110.12
110.12
l
v,
'V
V
IV,'
2s, June,
V
*1
-
2s,
(High
Sept.,
1949-1951
j Low
Close
(Close
Total
(High
sales
■■'WV/A
Low
2s,
(Close
in $1,000 units—
(High
Dec.,
1949-1951
sales
| Low
1
(High
-j Low
(Close
1951-55
2s,
(Close
Total sales in $1,000 units
Total
...
(High
sales in $1,000 units
Total
Total
...
109.29
109.29
in
sales
Farm
4
Total sales
...) Low
3s,
I
[High
in $1,000 units—
(High
i Low
1944-49
(Close
V\ '/<;■
Total sales in $1,000 units
(Close
V:V;"V.Total
...
103.20
103.20
-j Low
(Close
.
2%S, 1960-65——
Low
$1,000 units
Mortgage
3'As, 1944-64
109.29
sales in $1,000 units—
V
[High
Total
Federal
4
103.20
i
fHigh
' '
(Close
\ Low
(Close
—
in $1,000 units
2s, -1953-55
(High
23As, 1958-63
sales
; V
J Low
(Close
2%s, 1956-59
100.4
in $1,000 units
(High
23As, 1951-54—
100.4
A
—
.
Total
100.4
Low
[Close
v
-
sales in $1,000 units.:
Total
100.9
7
■■.'":.VV\v
Low
23As, 1948-51
100.9
Total sales in $1,000 units
sales in $1,000 units...
Total
V
100.9
Low
(Close
i
1949-51
VvV-'V'IVV ''L"^V'V;V
,
High
•
(High
.
)
23As, 1945-47™
Total sales in $1,000 units
V
.
V
214s, 1955-60
Total
in $1,000
[Close
•
~
V
Total sales
High
3s. 1951-55
Total
[Close
units..
^
Low
(dose
."V yv ''V V. ;V77
•.
sales In $1,000 units
:
(High
V,
j Low
(Close
Total
in $1,000 units
(High
-
Low
(Close
units
3'As, 1949-52
16
f High
Low
sales in $1,000
101.3
units
104.4
(Close
Total
101.6
1
104.4
'-
101.2
units—
Low
Total sales
.
104.7
5
■.
■>
101.3
Close
3
[Close
.
sales
103.1
1
units
3'As, 1946-49—
101.6
2'As, 1951-53
104.7
W
sales In $1,000
101.2
High
[High
\ Low
:•
Total
101.3
103.1
Close
3'As, 1944-46
101.6
Close
Total
High
sales In $1,000 units
7
101.2
2'As, 1967-72
Total sales in $1,000 units
Total
I
High
Low
...v
July 24
*
Close
—
July 23
j Low
High
3'As, 1943-45
July 22
( High
.
Total
3%s, 1943-47—j—
July 21
Low
2'As, 1962-67
units
•
July 20
—
Close
in $1,000 units—
•;
j Low
sales in $1,000
York
f High
j
[Close
Total
the New
$1,000 units
•
[High
•
,
3%s, 1946-56
on
Low
2'As, 1956-58—
5
sales in $1,000 units
Total
in
107.7
| Low
1944-54
bonds
coupon
(Close
sales in $1,000 units
[High
4S,
July 18
(High
[Close
.
Total
Exchange
32d of a point. (See note below).
one or more
High
4'/4S, 1947-52
v
the New York Stock
on
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation
a
sales
in $1,000 units
■
(High
2'As,
( Low
(Close
1945—
sales in $1,000
Total
Total
...
(High
106.29
[High
103.19
1944-52
•( Low
[Close
103.19
sales
in $1,000 units
103.19
*•>>
V
f High
j Low
1'As, 1945-47
(Close
106.29
sales in $1,000 units
Total
Loan
106.29
\ Low
(Close
1948
2'As,
3s, series A,
units
v,:X.vv/.;
V,.:
Home Owners'
5
Total
in $1,000 units
sales
(High
—j
2'As, 1949-53
Low
(Close
•Odd lot sales.
sales in $1,000 units
Total
■'':V:-
:
•,
106.27
(Close
2'As, 1950-52
(High
i Low
No
6
sales.
Monday
Tuesday
July 2ft
$ per share
$ per share
*45
46 %
*43
45
*43
45
*43
45
*43%
45
6%
20'A
12%
33%
*61
66
65
6%
6%
20%
20
v
6%
*19%
20%
12
12%
12%
33%
34
*61
65
*61
2%
69'A
69%
69'A
69'A
in
%
hi
*4%
4%
*4l*.
i'.f
4%
*4%
4%
*4'A
4% '
*10%
11%
*10'A
*4'A
4%
*4%
4%
*10%
t>
iri.
11%
.
«
*17%
17%
*17%
18
*58
69
*58
69
2%
4%
4%
135%
135%
*135%
137%
32%
65
*59
400
100
—^
;
v'-r
*2%
70
17%
69
*4%
4%
2%
72
136'A
•
33'A
200
12%
2,600
3,000
Air
64
32%
*60
33
Ala &
65%
137%
Express—1
Reduction
109
43
1—
No
par
No
par
10
-
'
2%
2 %
2%
Vicksburg Ry Co
2%
2,100
*68
70
69%
69%
,
210
%
4%
4%
4%
*4%
4%
4%
*10%
*
11%
*10%
17%
12
17%
69
*4
17%
*58
4%
136%
*%
137
04
134
%
%
%
4%
4%
4%
4%
*4%
4%
200
11
11'A
400
17'A
17%
17%
200
•
500
800
Alghny Lud Stl Corp——No par
Alleg & West Ry 6% gtd——-100
700
Allen Industries Inc..
134
133'A
1,300
Allied
Chemical &
———1
Dye_^—No
*10
10%
10
10
100
Allied Kid Co
13%
*13
13%
13
13
200
Allied Mills Co Inc——No
5%
5
5%
5%
5%
68%
*66%
68'A
68%
68%
*67%
68'/a
25 %
25%
25%
25%
25%
25%
25%
25%
17%
17%
17%
17%
17%
17%
17%
17%
54%
54%
21
54
%
*66%
25
*16%
5
5'A
67
67
For
footnotes
Dec
18% Jun
8
20'A Feb
xl73A
Mar 27
12% Jun
9%
Dec
38% Jan
34%
Nov
45
July
68
73
Sep
75
Aug
Dec
5
10
Jan
28
6
Mar
Dec
24'A Aug
15% Jan
l'A
Allis-Chalmers
1,100
Alpha Portland Cem-
%
it
it
*%
%
*3/4
%
400
*12%
14%
*12%
14%
12%
12%
100
*54%
55
54
54%
54'A
54%
900
.
21
20%
20 %
20%
20%
19%
20
20
20
36'A
36'A
37'A
37
37'A
35%
36'A
34%
35%
'A'
6%conv
Amerada
1,300
Am
3,100
American
preferred—
Petto Corp—
Agric Chem
lT>el)
Airlines
Inc—
%
Dec
%
3%
Dec
10%
Jan
18
3%
Dec
9'A
Aug
9% Jun
23
11%
Dec
21%
Apr
17%
Dec
25%
Jan
4%
Dec
11%
Jaii
17
Jan
16
May 25
22% Jan
2
72
Mar 14
73% Feb
27
3% Apr
9
118'A Apr
28
10
•
5% Jan *13
6
135%
26
10%
Feb
13
Aug
14% Jan
26
11%
Dec
14%
Apr
6% Jan
27
July
81
Jan
13
3
149
9
71% May
87
Oct
3
24%
37
Jan
14% Mar
21%
Aug
1%
Aug
;—1
——50
15
l'A Jan
18% Jan
5
26
12% July 24
•
3
22
% Jun
43
Mar 27
57
July
Dec
Dec
18% Feb
No par
167% July
Jan
12% Jan
24
Apr 28
May 25
11% Apr
Apr 29
14% Apr 17
par
Jan
Jan
par
—No
Aug
5% Jan
30% Jan
Mfg__———No
Amalgam Leather Co Inc-
% Jan
6
64
3,400
14%
5
par
99'/8
2
17
——-—-100
preferred
16%
%
par
fa Jan
Jan
Dec
85
3'A Apr
3'A Apr
4
24%
21
Jan
8%
par
No
16%
*12%
—
Corp
24%
55
319.
5%
Stores
17'A
55
page
Allied
—
25%
55
see
2,400
200
36'A
*20%
51%
Apr
61
4'A
69
10%
14%.
Dec
5'A
29'A Apr
4
*58
4%
*13
*^.'4 7
Sep
43'A
7% Jan
par
133
69
*10
®
Sep
48% Jan
94% Feb
10%
*12%
54 'A
18
69'A July 15
13%
%
55 3A
Dec
24
Albany & Susq RR Co
_100
Allegheny Corp
—No par
5 'A % pf A with $30 war
_100
5'A% pf A without war
_100
$2.50 prior conv preferred-No par
Min
*13
14%
Feb
34
2% Jan
Gold
*10
%
46
13
5'A Apr
1% Mar 24
Juneau
13%
*12%
49% Jan
10
Alaska
10%
68%
Highest
t per share
41'A Jun
'.
100
_No
Inc
*10
*67
Year 1941
f per share
Jan
*12%
5%
Range for Previous
Jun
May 14
13%
5
vlV
Lowest
I per share
Mar 24
10%
5
share
May 14
*12%
5%
1
Lots
37
Adams-Mills Corp
Address-Mutigr Corp
*
'
::7V 7V'v
Highest
,31
—25
20%
12
12%
Adams
100-Share
104
Co
*19%
20%
*%
*58
/
Steel
6%
100
■
'
*70
11%
Acme
43%
1,100
of
V100
*6%
.
■
■
—No par
preferred
Abraham & Straus
*10
*5
Transactions
i
•
.
,
—No par
Abbott Laboratories.
4%
Basis
I per
Par
43%
6%
'
17%
4%
12%
VV'..
47%
109
35%%
*31
'
"
2 %
*58
*3%
*19%
34%
2%
n
6%
12%
33%
2%
in'
*107%
35%
12%
.
*46%
47%
109
*31
32%
*67
47%
108'A
35%
12%
*60
47
108%
*31
33
2 %
47
*107%
35'A
33
*12
46 %
108%
*31
6%
*19%
20%
*19'A
bonds.
coupon
,
Lowest
v
Shares
S per share
s
Range Since January
On
STOCK
YORK
EXCHANGE
the Week
%
July 24
t per share
45
6%
■
$ per share
NEW
Sales for
Friday
July 23
35%
'
V *43
6%
*6%
46%
*107%
109
*31%
„
Thursday
July 22
t per share
46%
*107'A
109
Wednesday
'
,
-'V; VV'.'-'-;
■
STOCKS
July 21
35%
v...1
'
•
'
"
July 18
107%
'
HIGH
Saturday
*31
only the sale of
.
RECORD
NEW YORK STOCK
LOW AND
*45%
JCash sale...
106.27
in registered bonds were:
106.27
sales in $1,000 units...
Total
tDeferred delivery sale.
Note—The above table includes
%
Dec
Sep
10
27
9
Dec
•
Apr
20
41%
Feb
63% July
Sep
No par
18% Jun
30
23% Feb
6
14%
Feb
22%
Dec
„.——10
25% Apr
17
48 % Jan
3
40
Feb
58'A
Jan
THE COMMERCIAL &
FINANCIAL CHRONICLE
NEW YORK STOCK
Monday, July 271
RECORD
STOCKS.
Saturday
Mi»wd»V
July 20
"
Tuesday
July 18
i
$ per
1 per share
July 22
X
j per share
-
-
NEW
the Week
July 24
July 23
S per share
S per share
share
SaMs for
Friday
Thursday
Wednesday
July 21
pex
shafe
Shares
714
7%
1,300
•'
YORK
Range Since January 1
'
'
^ '
,
'
STOCK
On
Basis
of
100-Share
Lowest
!
'
•>
1
-
1
EXCHANGE
a.-
Par
$
per
■:
Range for previous
Lots
share
j
Year 1941 ■%
Highest
Lowest
$ per share
Highest'
-
$ per share
' $ per shard
'
'
7%
7%
714
7%
*774
*774
714
*7%'
•
44 V2
44 Ya
4%
4%
414
*4 Va
4%
4%
4Ya
*4%
26 Va
26 Ya
*26 Va
2 6'/a
26 V4
26 Vi
2614
26 y4
*126 Ya
12774
*126 Ya
12774
*12614
12774
*126 Ya
127%
'714
*44%
*4%
*4474
45
*4474
45
73/4
.
*4434
45
45
*44%
American
30
45
*lVa
114
114
6634
67 Va
*16414
*1%
lis
66 7»
.
1%
67
*
IYa
1'65 Va
166
*164Ya
16714
24 Ya
*24 V4
24 Ya
24 %
24%
*59
60%
*5974
6014
60
60 Ya
■
66%
*165 Vi
167 Va
*24 V»
*
IYa
x65%
67
'
414
200
American
*2614
26%
500
Am Brake
12614
1 Va
*126
1%
40
I2734
166
166
1%,
,
65%,
64 Yi
"
64
*160
>.
2,900
f
23%
60'
166
100
60
23%.
1,500
60%
1,000
17%
1714
17%
18
*17Ya
17 V2
*8374
87
*12
1814
-
867a
*14Y2
•
18%
87
*-14%
•
*107
17%
108-14
17%
6
*107
108 Ys
*83%
87
*14V2
-
1-8%
-*5'A
■
.
108 Ya
483%
-
.
514
5%
5 Va
*5 Ya
*107'
108%
*837ir
-
17%
17%
'
'
*107
108 Va
*107
1814
*5 Vt
-
*8374
-*14%
6
*14'A
5:%
\
.
i
£
as
i
6
*514
■—
Chain
100
American
563/a
159
Cab.le Inc__l_ -NO par
*
*95
*16
1614
*95
98
9
9
9
9
-
*16
16 V4
*95%
-
98
-
-*9
.
16 V4
16 Va
9 Ya
«9
16
96
:
*1.8%
96
9Ys
-
-•*9
:•
To 14
*95 Ya
16
98
*95 Va
98
9
.9%
•
309
20
i
300
9/
,
,
1
j
•
.
1st
16
10
Amer
American.. Encaustic
Distilling
Co
/
92;
3 •'
Aug
Dec
9514
Jan
Feb
10
15714
Deo
Jan
'
*%
%
6
*4
*4
.
74
■
6
-
74
-
'-*4
-
6
:
*4 J
-
7
%
6
-
■
%
a
*4
■
6
••
,
"
2114
20%
20 Ya
v.,
*20
%
*25'
25^4
■
2'5l4
.
n
-
21
174
2114
26%
*25 y*
'*114
■
21%
*2674
27%
*274
2%
;
*21 Va
.
*2%
:
-
-*2%
34
34
*33%
36
47 Vt
47%
*47%
4774
*174
17-a
n%
3%
3
3
40
*37 Vs
-3%
*5 Va
*37 %
5%
*37 Ya
38%
5 Ya
3874
■7 %
74-
74
Ya'
11
*1074
10%
10% !
10%
10%
5
116
*115
'
•
18 3%
*115
24%
*2374
'
o.
*4%
*
1974
<*
5
-4%
19%
116
24%
*115.;
-
25
25%
!t
it
25'%
200
]
t
1,300
5
600
,
*114
115
25%
2514
-
MS
t"«
%
74
%
%
17%
17%
17%
17%
16%
17Ys
16 Ya
16%
Ya
1-614
I63/a
f
*14%
151'4
14%
1474
■147a
14%
14%
15
14 Ya
147-4
14
14Y4
■
47 a
4Va
4%
150
143
414
•
474
143
.
i'n
'
*143
1
•
■
.■
4
474
150
*
4%
4%
Ya
*143.
•
•
-
*143
150
*
74.
4
74
:
414
150
*143
•
474
1
150
1074
10%.
10%
1074
1074
10
10%
10
1014
57
56%
5674
56 %
5674
56
56%
35 Ya
55 Ya
55
55 Ya
6%
6%
674
674
6Ya
67'„
67a
6%
67a
9
9
9
9
87a
87a
*25%
26%
39%
39%
*140%
143%
33 %
39
18
10
2674
2674
2574
28%
•39%
39%
38%
39 Ya
*141
18%
10%
*141*
33%
1774
*141-
18%
34
*32%
150 Ya
1874
18%
10%
*1074
*10-
10%
*141
Yi
18
18
10%
1-7%
%
10
*10
*1614
1714
>
18%
18V4
18%
18 Vt
*8674
88
*8674
87%
*■86%.
87
*86%
*867-4
*19%
20%
*1974
20 Ya
*19%
2074
*1974
-20 Ya
*19%
1167«
116%
117%
11514
115 %
115%
115 %
11574
*43%
4474
*4374
44 %
45%
45 %
4574
45%
.45%
*13174
133%
133%
133%
4%
*4%
474
133%
133 %■
4%
4%
4%.
114%
llfiVe
1167a
44% 1 45
4474
4474
46
46
4674
4574
46
*132
133Y4
:
132
474
132
27%
2774
27 Ya
27%
*113%
11474
*113%
114%
474
*132
2 74
2Y4
*478
414
4%
27
*110
•
27%
2774
'2774
2814
114%
*11314
114%
974
*9
13/4
*
54
*&%•'
,
2614
•
6Y2
1%
•*!•%
32
30.%
3
-54
5'4
*40
2574
Vt
•
6%
514
5
*174
.'
68 %
67
67
60 %
*55
2714
*25
*94
97%
60 Ya
I
'
-53%-
-
-
54
*40
54
6Ya
4%
*62'
'
*81 Ya '
V
4%
*55%
58
*55 V2
60 V2
*54
27 Va
26 Ys
26 Ys
*25
2714
98
97
97 Ya
97
•
'
*57
97
4014
40%
4074
41%
39%
40%
64
65%
63%
64%
64
2574
2414
25%
241a
25%
25
17%
17%
*1774
18%
38
17 Ys
17
10014
100
9974
100
*674
*3714
V*
-
/-.. 16%
100
6%
674
6%
*48
48%
4814
4814
*
*47
47
*47-
*114Va
49
IlSVt
*7%
814
*8
2
*
*114
*18
47
*
21
314
3
-
114 Vi
38
■
10 ft
16%
100
*37 Va
38
•17 Ys
-
--
24
50
Dec
Co^— -No par
Steel
Foundries—
—
-No
.
par
•
Dec
4014 July
33%
Dec
45% July
Feb
2
138
July 13
144
Mar 14
"
:
6
Feb
4
July
8
21% Jan
10%
Sep
54
Jan
150 Yi
15%
Dec
8%
Dec
674
,
Dec
13 Va
'22 Va"
13
81
Jan
13474 Jan
29.
1
6
50% Jan
11514
.120
'
Apr
5
t
27
1437s Jan. 14
6
.
%,3% Apr 27,
Jan
Jan
Jan
Sep
98
Sep
1974
Aug
Dec
168 3%
Jan
43%
Dec
173%
Jan
43%
4974 Jan. 27
-34% Apr 20.
Jan
HYa July
11% May
-33% Apr 24
——100
28 V3
/
Feb
14
26
*
Oct
155
21 % Jan
13
Jan
Mar "T
Dec
9714 Jan
2
7
Dec
2914
139
17 V4 Jan
101 Va Apr
B——. ———25
—
29
11
Mar 26
15
Jan
14
12
3
.
Jan
14
7814 Mar 27/
•
Tobacco——Z—. —-25
•
73%
Jan
207a Feb
.2
7.% Jan
Jan
Dec
Jun
35
3
974 Jan
..
Jan
6
147
Apr 29
16% Jun
■
Telep-& Teleg Co—— ——100
preferred
39
8
9
May 25
29
->—100
——_
3 Y<
!46% Jan
Dec
35% Jan
13
136 Ya Jun .11.
Refining— „*—100
Tobacco-
Sumatra
374
/
Dec
43
-No par
..
Dec
4%
132 Va May .14.
100
——- —No
par
Stove Co——— -No -par
Jan
14
-.6% July 22
35 Ya May :14.
-25
—.
23%
'
,—_/./ -—-103
preferred
614 Feb
24
'
25
28
4.74 Mar 11
Ship Building Go— -No par
Smelting & Refg—- .LNo par
-614
48 Vs
48 Ys
49
*114%
814
*774
8
2
*11-8
2
-
115%
*18
21
*18
3
3
'
115%
7%
2
*1%
3
*18
2%
20
3
101 Ya
614
49'
47
*100
*1 Ya
100
*16
^
Dec
74Va
X143
19
Dec
374
23 Ya
Jan
159
Deo
Jan
7
•.
Dec
—
$5 prior conv preferred
174 Apr .15.
-
.
Jan
*\Wk
1%
*114 \
Ya
*18
gtd..l00
Constable
Corp__—1~—
Carp——>—
par
5%
Dry Goods—
preferred-
1
Coast
5,900
3,200
Feb
30
Line
24
Dec
35% July
3
llVa
Apr
17 V4
II2V2 Mar 19
110%
Jun
115%
Oct
7
Dec
12 '/a
Jail
%
Dec
214
Jan
10
Jan
16
1% May 26
35
Jan
15
26
Feb
3374
Mar
112 Va
Sep
Doc
5%
Jah
67 Yz Feb
4
47 Ya
Jan
*7QV«
21
,
2
May 26
111% Mar 12
60
7V4 Jan
July
Dec
3
Dec
87 V*
3
974
Jan
91%
Oct
Sep
'
6% Jan
5
Dec
10%
8
78
Dec
88
Jan
53
5%
Sep
Jun.29
83
17
76
DeC
102%
Aug
Jan
9
26Ys July 22
20
Dec
35 Ve
Jan
6
97 V2 July 20
96%
Mar
8174 Jan
.
82
Aug
41 Va July 22
18
Jan
3174 July
70
Mar
2
53 74
Dec
70 y4 May
2
26
Jan
20
13 Ya
Feb
28 Va
24
34
Jan
5
13 Ya
Feb
45%
2
25
1974 Jun
1
16% Jun
Mar 16
July
Oct
45 V2 Jan
3
1614
Jan
56
Nov
30
23 V* Jan
28
19 Ya
Jun
28 Va
Dec
9974 July 20
109 Va Feb
20
May
lllVa
33
1474 Apr
6% Apr
11
46% Apr 25
Powder—^,.——,*—Na par
^3
May 23
preferred——100
111
May 25
conv
Sep
f 6%
.
Dec
77 V2 Jan
27% Jan
preferred—_L——-—150-
Jan
'
Ya Mar.24.
: 20
-
Sep
Sep
34%
Dec
6 Ya
26
4% July 10
82
Sep
72
Jan
20 Ya
9
4% Apr .28
60 Ya Jun
-5
Sep
214
100
RR
July
5
108 Ya
100
I S3 tines—
Sep
Jan
14
2% Apr .28
61
...
100
preferred——100
Refining—,^--.——25
4% conv pref series A_^_—cr_10O
107
Jan
5
614
Feb
50% Feb
16
4714
Feb
7
Jan
5
61
Jan
17
111
9Ya.Jan 26
6
7ft
116
30
Apr
17
2% Jan
1%
15 Ya Apr
28
.
If/4
22
9
Jan
121
Feb
Oct
9% July
3% Oct
May
13
Nov
72'A
May
Apr
.
Apr
Sep
7% July
51 Va
Jan
9
Jun
2'
4Ys Jan
6
214
13
9% Jun
29
1474 Jan
2
10 V4
Baltimore & Ohio_—1L—
"_100
4% preferred——>>100
2.74 Juri
3
4Ys Jan
28
214
Dec
5% July
4% Jun
23
7% Jan
27
3%
Dec
8% July
4
Apr
15
22
Jan
2
31% Jan
20
6% Mar 25.
10% Jun
26
-
11%'
.
.
& Santa Fe-x^_-^-10O
preferred
5','c
8
56% July
May.26
.79
-—100
preferred
6%".
81V»
'
Atlas Tack Corp—
,—No.par..
Austin Nichols—No par
'
,
Feb
,51
Aug
4 Ya Jan
12
5%. Mar.20
5
No
Jan
Jan,
874
Jan
July
preferred—100
714
99 Ve
Dec
Jan
Jan
Atlas
3
27
Dec
3 Ya
17 •••'
29
200.
20
2214
214
6414 Deo
30
66
•Atlas« Corp——j—
.1%''
14
4
Apr .20.
800 J
.
8
May
28 74 Jan
1.1614
Dec
46 Vs
50
Jan
&%
700
2%
13
23
53
Atlantic
1,300
14
Jan
29.
21
Atl G & W
•
14
;,5% Jan
22.
.51
Atlantic
-4,000
7674 Jan
Jun
3 Ya Apr
38% Jun
preferred——
—v
-100
Co———No par
7%
5%
200
6
214 May.14.
.
-
3
.2774 Apr
x10774 Jun
^_:—5
7% . 2d preferred—
100
Assoc'.Investment Co——No. par
J200
47
pf 7%
IUinois_>£
3
preferred——No.par
.6/4" 1st
115V4,
*7 7a
Midl'd———No .par
$6 conv prior
Atch Topeka
100
6%-
>5
Daniels
3% Jan
5% Jan
107
May. 26.
Z, 714 May 20
Mar 11
/ 1
20
129 Va Aug
Aug
Sep
70% Feb
1274 Mar 11
No.par
Paper Co Inc—
W
112
18
-2474 Jun
Corp-/——12.50
Mining—
(Del)
•
.
P
Copper
2
28
227a May 20.
——50
No.par
div.preferred—.
28 Ys July 24
116% Jan
374 Apr
.54
—25
Cable
&
.
-41Y4 Apr
par
par
No <par
—100
—
Apr 17.
108 Va May.. 6
100
JEleC—-No
of
.
13,500
49
7%
19
&
Woolen—
Associated
.
250
101%
*45
115%,
■
Wks
.22
14
—
1st -preferred-—-—-No
Co
4,000
16 Ya-
674
-
—71'aT
v
Water
-7 %
21.600
"38
15%
*48
47
*114%
/
38
644
*48
49-
*114%
7%
,
20
3
*47
•/
38
*100
614
4914
Viscose Corp—.
preferred—
Vo
Arnold
•
18
-161% /
16 V4
■
-
100
6%
48 Vo
115'A
118
*37 Vt
16%
*6%
.
Feb
Co
.
.
I
2514
20
*37 Va
59
Artloom
200
64
17%
115%
Armstrong .Cork
,
400
3974. ,41%
64
39
Dec
&
>
.
1
97
63
17 Ys
9
Armour &
.
59 %l
64
*37 %
■
13
W
-
3714
>
40
25
Jan
Armour
800
39%
*18
12
Archer
,
100
i
67%
*25...t
97
$
Ya,
*6318
20
Aug
9Ya May 25
Copper Mining
A
.
2,800
5
6714
-
60%
*25
£474
165 Ya
.$5
.
9074
«47/a
.
68 Ya
*96
24%
Feb
Anchor Hock Glass,
.
1
4
*674
V 4%
99%
*81%
27 Ya
*17Ya
Jan
155
Andes
100
1,400
I
Ya
27
63%
2414
7Y4
3
Anaconda
.
100
674-,
27%
4%
*4
4 Yu
'
27 Ya
393/4
20
Dec
Jan
Anaconda
.
j 21700
j
700
5374 /54:
63%
2374
6
165
% Mar 14/
.
,100
—_ —
—
-Preferred.—
i
-
3
39 Ya
*18
4% Jan
22
Stand San'.y—
Amer Zinc Lead & Smelt—1
.
70
i
110
97
%
374 Apr
142,% Jun
>$6
.
32
*3014
97%
Ya.
Apr
26 Ya Aug
—No par
Rad &
Am
.
10,200
?174
3
614
5
*25
Sep
121
17%
American
,
*109
6Y2
i,
800
j
10
3
53%
99%
514
*67
Jan
Dec
9
-5
•
1514
*9
32
27 Va
*614
4 Vs
99%
68 Ya
Mar
:
Jan
2174 May 21
-:
'
134
*40
*81 Va
4%
*81%
*66
111
6 Ya
'23
.
22
a.-No
American
-
700
i
26%
109
-
600
2514
3
28
414
68 %
3
13%
Feb
Apr
15
-Common class
-
*1414
109
54
28
27%
9974
5
2
2614 Jan
Dec
2%
12 Ya Apr
Amer
-
*110
*30%
3
4%
5
Jun
par
American
-
100
}
37a
•25%'
-
9
*1%
109 Ya
*8114
514
*54
1514
-
30 Ya
109
4%
*66
26 Ya
9
1%
9974
*5
26%
*25%
-
.
*110
109%
54
*61-4
.9%
15 Ya
i
4
Feb
119
95 Va
preferred—-
-6%
44
'
*6VH
4
30
2314 Mar
Jan
71714 Jan
'
20% Dec
.
>' Amer Type Foundries I11C— —10
2,600
\
.
*3%
*39
*14 V4
•
'
io
*9-
1
2 7 3/4
Dec
5
-Preferred-—
-
|
-
414!
*58 Ya ,61%
3%
45
25 Va
25 Ya
.15%
*119
54
*40
20
;
50
Dec
77%
9
Am
—
i,
2Y4
47%
*4
62 Y4-
3%
*39
■
214
*43
4
61%
—
-
25%
274
47 %
■
'
'
28
27%
614
*4
*81 %
4
3%
314
54
■V
54
*40
2734
2774
109%
3
54
54
54
*40
*30%
-
3
■5V4 Jan
29
Dec
„7%
.
u* Jan
-
1 8,900
\
■
3 IYa
•
'
43
*J4Y4
10-
-*1%
10914
3
26%
26%
4—
7*9
-
1%
*3014
3.
*53 Va
10
%
10914
32 Vt
109
*2%
1
*110
__
'
1 *43
..
4 Ya
6 IYa
3%
*37
26%
*14%
■
61%
-
2%
46
4%
15%
.
;
HYa Mar
30
Apr
113.% Feb
^—100
—
American Sugar
-
■\ 2,400
*113%
"v
'2Ya
46-
3%
16
*110
.
•*2 V4
43
' -7 26%
26«4 7//-. *25
*114
109
61%
374
*38
26%
2614
-
*9
*31
*61%
374
*1414
•
.
4%
*25 Va
1514
-
2%
47%
4%
48
*38
26 Vi
2614
*14%
2 Va
.*45%
•
-61 Ya
3%
52
*25
-
613.4
4 Va
3 7a
*44
214
»4
47«
-47
45 Ya
■
6114
6114
*
*2%
*
4714
■
6
16
May 15
16
38
15
10% Jan
89 Vs Jan
'
i
*45 %
9% Apr
-4
;
300
474
Jan
.
5
.9
„
Jun
•
6
.
6Y4 Jun
13.Vi Jan
2614 Jan
*
400
132%
40
Oct
Dec
23
American
-
2,300
4%
6%
15% Apr
"
4%
21
65
-
American Stores
6,800
j
t
Jan
Jan
par
Amor
-
-
t
7
Sep
4 Ya
par
6%
800
45%
29.
2 Ya
Dec
35.% Mar
u
100
American Snuff—..—/.
^
4474
4574
214
.52% Apr
A
116
*44
•
4%
27%
*113%
87
44 :
44
11474
27
27
27
*114
116
'
17 Ya
-
18%
6
51% Aug
;30V5»"
v
.par
Amer
201/4
18%
Feb
Jan
-,.IVo
Amer
40
3,30(5
87
2074
Feb
,
Ys
,33 Ya" Aug
.
Dec
20
3
.4
American Seating
••
'■»
19
*19%
/
par
-
-
900
1074
ivxay 2)
2
31% July
Jan
4
Dec/-
14.
Mill—!,./—25
4 Ya % conv preferred-/—
—100
American- Safety Razor— —18.50
-
j 300
|1 4.300
'
10%
1074
May
,/42 '/a
"; 1
-
Sep
38,Ya
Dec
27
24%
Feb
5% Jun
-50
—
! Preferred-—/
33%
150Y2
87
*18
'*86%
•
preferred—
Apr
274 Apr
American- Rolling
143%
*32%
18
10%
*10
j
.39 Y>
*13814
150%
1774
11
1074
?10
2674
38 %
34
*138 Ya
-
*26'
-143%-'
*141
143 Ya
*-32%
■
150%
10 %4
1074
*10
143%
.*327-4
17%
Ye
10%
2674
39%
*141
.34
150%
10%
18%.
10 %
*25 %
143%
*33%
*140
*8%
-39 %
-3974
-
*141
150%.
*874
27
*25%
.
33%
*138%
*10
9
*874
V
Jan
1174
May 25
,
Sep
374
2
July .1,7.
Jan
28%
29
48
6
6 Ya" Aug
l.Ys
-
Feb
.8
36
.
Jan
114. Deo
10
13.
Mar
14%
Jan
21
1.V4 Jan /■ 5.
.
.25.
Fdy Co—...—IV0 par
-Preferred
400
9
.par
I
.
V». Dec
3% Jan
32
,
1%
Jan
Sep
974 Aug
-
Light,.,—4 i. No
preferred-/—
;_///.-No
Am
-
1 2,800
*8%
33% Jan
Feb,
Jan
-$5
| 1,170
6%4
6 74
6%
Mach,&
2% May 26
X3674 Apr
28
.
95%
-$6
i 2,503
56 %
22.
—
American. News, Co
,
%
10
10%
.25% Jun
—No
'.vAmer Power, &
7,400
10%
13
Metals
.6%
-
2,000
10%
24% Jan
Mach,& Metals——.—No par
Co Ltd-—
__No par
Amer
-
i 1,501
*143
-
-
-Amer
j
320
} 1,700
i n
17%
Amer
•
30
A
■
.2
.5%, conv preferred-,,—
500
*16%
.161/4 Jan
1
■...Preferred
800
i
:
10
1114
of
3%
..
13
.iNo par
/* American Locomotive,,—
2,200
I
j
5
19 VB
Jan
2% Jan
1
8%
19 Ya" Aug
,
9
10
2
JL00
Corp_
Feb
'
21
July
7a Jan
.2
-No
Ca
Jan
.6
22
.18% Jan
preferred
Amer can. Invest
I ::::
10
Ice___
Internat
Ainer
1,000:
1714
*474
26
American
Dec
Y 914
Dec
3 V4 May 27-
50
; Nov
/../ 474
%
:,1% Jan
——
xl7.
474
July 24
-No par
Products,--,'
9% Mai-
,'.'.
26
•1
2
1
Jan
•914 Jan
„
9
1
Jan
121
Jan
27..
Jan
115
78
Jan
10
23 Ya
July
Dec
23
-16.% Jun
...
79 Ys
Apr
90%
;
Jan
34% July
.
Dec
107*
•,5% July 20
par
preferred
conv
6%non.-cum
7474
I'o;
19 74
115%
257-4
vv
200.
3874
47 a
115 Vt
116
1
7%
1914
19
19
6%
Leather..
&
6
-No par
—_
American Home
*73 Va
10%-
4%
4%
19
American,. Hide
.
5%
*37 Ya
76
.$6 preferred—
16%
2
9.8% Jan
x
.No.
preferred^-;
W
MaV
2274 Jan, 21
par
-No
$7 2d preferred A——
100
Y4
Power
_American, Hawaiian SS Co__
300
)
*5 74
5%.
7 %
*73%
3
400
par
Export Lines Inc.
For'n
&
_$7
_
_
1,000
»
174
3%
38'%
7%
74
5
24%-
-
*37 Ya
7%
7%
-
48
31
*30'A
3%
*5%
•
,
174
174
!
Amer
600
100
;
35%
47 Ya
31
374
3 Ya
*
*333/4
*174
31
*374
5%
774
1%
31
-73%
*18%
116
*23 Va
*1%
*30%
-
10%
-
1874
*115
-174
31
2%
47.%-
.
.74 Jan
/
Feb
1
.
185"
Apr
56
17% Mar 26.
7.Y2 Mar 11
1
-■.Tiling.
European Sees—■_ _No
American-
.
200
,'27%
*27a
35 Ya
47%
,
1
■*26%
•
—
Amer
•
300
200
:
:
274
-.*353/4
,
74
5
5
18%
*3 14
~
j
21
21
27-14--
-
2*4
74
*
11
*io%
-*1%
7%
:
2414
■2 Ya
>1%
;;
-
22
27-Vt.
..-
35
48
*30 %
40
*774
7%
73%
:
•2%
24r! a
214
■
*21
27%
-
274
•
48-
57a
*37%
h
7%
73%
*■27
*3374
-
20%
Vt
25
*1%
Ya '■
47%
-
/6
20 Ya
74
■
25
-
35%
3%
*5%
5'%
♦5 Vo
-2
21
21Va
214
•
*%
-
25%
2
2
-4774
31
*
20 Vo
'
*3314
•
174
-
31
31%
♦31
-
22
*27
2%
■
20%
Ya
'Is
25%
27%
2774
*27
* '
21
"
%
'
*20 Ya
21
'
.
1 a
■25%
1%
21 Ya
2
*174
*19 %'
Ya
*74
j 1,100
1
18
*4 '
23
Jan
95
'
7a
2
13
4.
,
May
Oct
Mar
^110
„
5
14% July
:
130%
Apr
55%
3,74 May 25 4
..
10
—20
,
Jan
Jail
Jtin
.39-
18
20% Jan3
May 26
15
25
1
De
8 Ysr
Jun
7374 Jan
Mar 16
100
i
18
Au.
47%
26%. Dec
Xl22%
9%
•
Dec
33
May 20
May 27.
Sugar—__
10
3 Var
166
Apr 29
j69L
preferred
15
1% Jun
105.
Color type. Co_"_
American. Crystal
-
—6%
Jan
70%
.No par
Allegh Co N J
6
14
13074 Feb
20
.-*--100
preferred—
Feb
33
28
5%. Apr
4114 Dec
:8
5% Jan
55% May 21
•
16 Ya
9714
*16
47
Mar 12
20
par
—103
&
Apr
Apr
.
7% Jan
.
lYc Apr 13
25
Fdyj_——.-No
&
Coal Co. of
Am
-
1
Corp—
American-Chicle:
-
120
.—100
Car
5%. cenv
100
y
1874
,
Am
.
-
■
i
Radio
&
Preferred,
TOO
10314
86
18%
*514
18
*1714'
*107
86
100
Can——
American
'
23
5V4 % conv preferred—>—
Preferred.
2314
2374
60V4
-No par
Fdy
2
14
374 Mar 11
1
Corp^„f___
Shoe &
,.vAmerican
*5914
24%
59%
Bosch
Amer Cable
2.700
l'/a
63 7»
166
24V4
'
3874 Apr
*4 Va
^
66 %
preferred—/____—/—.——50
6%
5% Jan
2614
126 Ya
Note
-—-10
434
26
Bank
prior
$5
A—Z—————No- par
May
25 Va
Oct
Apr
5%
Jan
"
2%
:
3
2%
Aviation
Corp of Del
3
(The)—
2'74
B
1074
10%
3
1074
10%
3
*5 7
5%
8
*474
*4 Va
3%
3 Ye
3
3%
314
5%
5%
574
5%
*514.
*474
474
26 Ya
9
*474
5
*25%
27
13%
13%
1374
20
20
2514
29 74
*2314
*84
89
714
*714
*13 Va
914
5
.27
10
1374
13%
20
20
,
25
87
*714
85
714
29%
24
*103%
*25
13%
1374
.20
24
110
*20
*23%
*1037a
29 Ya
*25
"
85
7%
*84.
87
5
27
'
974
85
*9
9 74
13%
207-4
1,100
'414.
27
.
9%
300
120
Conv,
1314
20
23 7«
*10314
:
,
2.900"
13%'
500
2374
5V2%
500"
-—50
preferred^
BarnsclaU
Bath
1,200
20
&
5%
Barber. Asphalt
700'
974
Arobstook/——
preferred—,—
.'—50
—100
Corp—
—_10
Barker Brothers—--——-No par
Bahgor
:
5
27
914
25
85
3,200/
25 Va
110
29%
3%;
5%
*4-%
*
-Baldwin Loco Works v t c—
iron
Oil
Co—1—
Works
1—5
Corp,.—,.1
Bayuk Cigars Inc———No' par.
—25
Beatrice' Creamery!
110
S5
preferred w w
No par
25
25
"20
*83
87
200
Beech-Nut Packing Co—«
200
Belding-Hemingway>/_>
•
Beech
Creek
50
RR_/__^.>^
*7 Ye
*13%
7 Ya
1VA
12%
12 74
12%
12%
12%
1214
12
31
1174
30%
3074
1,500
31
30%
1214.
13
3074
31 Ya
30%
30%
3014
30%
4.900
Bendix
51%
*21
4,400
Beneficial
13%
1374
13%
1374
5174
*5014
21%
50 %
517a
5174
-'5174
2114
54
54
5314
♦109
111
109%
54
page
21
54
1091a
319.
109%
21
54 Va
109 Ya
21%
53%
*109
*7%
7%
*13'%
13%
*50
*21
—20
Belgian Nat Rys part pref
Bell Aircraft Corp
*13%
12
see
.7 %
*474
*25 Ye,
"
110
*85
2614
97*
*23%
*25
*4 Ya
974
*4%
*10374
Ya
474
2674
914
*25%
26
29
474
2674
9 Ya
10
110
*23%
4%
26%
27
*2374
12%
footnotes
13%
4%
*26
5
-10314
31
For
974
*19 Va
*13%
1214
*12
9
*24
20V8
110
474
26'
*4%
974
*974
47s
26
9
9
13%
*2374
11%
3
20%
*103 Ye
1174
574
2614
9%
n
a
27
974
11 Yb
574
5
*25%
11%
514
474
9
9
1114
3 %
5%
2614
*26
1114
21 Ya
13%
1374
50
50
x21
*714
7%
*13%
21
5474
5214
5374
110 Ya
109%
10914
13%
*4914
*21
52%
*109
1314
51
500
Pr
2214
300
Best
5274
5,200
110%
-
400"
Aviation.^.
par
25
27
Jan
20
27
7%
Feb
6
13%
Dec
17 Yt
Dec
20
Dec
15 Ya Apr
30
20
15
64
Apr
8
24
6% May 14
13
May 20
_1
9% May 20
5
*
Jan
18 Vs Jan
23% Jun
28 Va May 21
5 Ya
Apr
6
3
Apr
,
21% Jun
6
25% July 15
Dec
27 Va- Dec
Jan
1274
Dec
7
30
12 Ys Jun
Mar 20
Dec
18%
1114 Jan
24% May 13
2
8% Jan'
103
3 V4
19
34
-
Sep
10% July
24'/8 Mar
31% Mar
27% July
104% Feb
16
102%
Dec
103
Oct
Feb
24
28 Ya
Feb
32
Apr
11074 Jan
10
Jun
126
Jan
774 Jan
29
6V2
Dec
8
% July
8
10%
Jan
17
Oct
32%,
Apr
41 Va
30
15
May
108
.
16% Mar 30
39% Jan
3
9% May
6
14
Jan
13
10%
Dec
20%
46 Ya Mar
18
52
Jan
23
50
Aug
57
1774 Apr
27
25
19%
Dec
51 Ya
Dec
Loan
& Co—-1
Steel
—No
(Del)
par
—-No par
100
49 Ya May
10=
J-'-
1
Sep
974 July
35
No' par
Indus
Sep
July
1274
pfd $2.50 div series-'38_No par
Bethlehem
lit,
No
4% Apr
6% Jan 26
Dec
2414 Jan
66% Jan
101
•T-n
19
,
2
7
115
Dec
Sep
Jan
May
3414 July
89%
131%
Jan
Jan
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
156
NEW YORK STOCK
LOW AND
Saturday
RECORD
PRICES
SALE
HIGH
STOCKS
Wednesday
Tuesday
Monday
;
311
Friday
"f
Sales
July 21
Thursday
V
share r
'
the Week
for
Range Since January 1
a
&hares
NEW
STOCK
YORK
On
Basis
of
v
!
July 18
July 20
$ per share
'
S
•
July 21*
:
per-share
July 22
S per
$ per s'.are
A
July 25
$ per share
shafe
$
'
*22%
23%
*16
17%
"
,
per
23%
22%
22%
22%
*16%
5%
17%.
*16%
17%
*16%
5%
5%
*5%
5%
*5%
*12
•
=
22%
.22%'
22%
*16%
17%,.
*12'
13
*12.
12:%
v
12%
*12
:
5%
5%
*22
17 Va
5%
...
...12
12'/4
,
9%
''
*8
'
9%
9%
9%V
*9
'"55%
05
"15%
15%
15%
15%
16%
15%
15%
*
30
30%
30%
31
31
31
31
16% t
5 Va
5%
13
*11%
*55%
05 % -
*58:
68':
I
*58
;
.*55%
65 %<
*9
9%
*87%;
90
35
64%.-. r
14%
-
15%
31 v
.
20%
31 Va
2
•
i>27%v
*88
:100
*31
100
35%
*34%
35%
*34%
14%
14%
14%
14 Va
.20
%'
20 Va,
20%
20 Va
20
24%
24%
24%
24%
1%
*1%
*1%
*
1%
1%
*27%
30
*26%
*15 V
15%
*15
8
18%
18%
28
'—^No
>
20%
19
19
*27%
'
*
35%
'
i
Bom Ami'Co
Class
j
Bond
800 i
:
4,400
*34 Va
35%
s
35%
*35
A
ill
*U
v.
1%
1
A
hi
*u
.
*Si
r;
*!■
1'
•:
1 Va
'
*35
sis
35
35%
'
hi
*
7.
IVa
>A
*1
No
7%
*7%
28%
28%
28%
*28%
30
*12%
.13%
12%
12%
*12%
13%
7%,
.7%
.7%
7%.
.
*7%
7%
:7
7%
.7%
7%
*105%
109%
109%
*2%
,-V 2%
2%
2%
*2%
53%
53%
53 %
13%
'
Corp
par
: 7
7
Roller
53%
*105%
*105%
105'A
2%
1,600
1-
109%'
6%
6%
*11%
13
*17%
6 %
17%
y
X
300
200
.
2,300 ;
Bklyn-Manh Transit—A—No
600 /
Brooklyn Union Gas
30
<
100 ?'
Brown Shoe Co—
13
t
600 1"
Bruns-Balke-Collender
7Va
7Va.
*105%
109% i
7%
109%
7%
'i *24%:
17 Va
.<
8%
*2%
24%
24%
17%
*17%
18
57 V
*55:
57
v
8%.
8%
2%
2%
2,900
24%
17%
24%
: 17%
.
87
8%
'2%
2%
2%
2%
21%
21 Va -21%.
5% V
5% A 5%
Budd
j
i J
24% t-
17%
17%
*55
'.'A 8%
Budd
Bullard
v
*2%
27/a
*21V2
yy 5%
5%
f
8%
2%
21%
Jan
Jan
,2
Apr
10
Dec
7
70
Dec
6
12%
Apr
5
25 Va
Oct
95%'Feb
:
16
89
Dec
5
38
Apr
7
17
Dec
5'/a
5,100
i,'
*2u
21%
6
6
•i *21%
*77
:
5%:
*2%
7%'
.
77%
21%
21%
3 Va
*3
:
7%
79%
>
'A
■
21%
*21%
3
7%
y'
6
'•-.,*5%
21%
3
2xVa,
■
21%
3
*74
*13%
14
V
3
7%
*21
21%
A A 27/a
V
.
7%
A
i.V. 7
*74 % -77%:
77%
77'A
21%,
*2%
.
7% a 7%
r-
5Va
73
Bush
v
s
Butte
30% Jan
5
28
Dec
39%
18'/a Feb
9
16% Dec
17%
Dec
9% Jan
>6
6%
Dec
12%
J'an
Mar
13%
13%
200
vX-
7
72
9
14%
Dec
25%
Jan
Jan
2
29% Feb 25
23%
Dec
41
Jan
Apr
21
Apr 29
2% Apr
6
*13%
t
'14
14"
*13%
v
13%.
*13%
"
■
13 A V
200
A
Oct
2%
Aug
6%
Jan
7
7
Dec
14%
Jan
16
30
Jan
37
16
11%
Dec
23%
Mar
8% Jan
9
7Va
Dec
12%
Jan
112% Jan
27
3% Jan
3
Feb
6
7Va Feb
14
66
12
x109
Jun
2%
Jan
5% Dec
July
8 Va
July
18%
Dec
34%
Jan
7
v" 23 Va
Dec
35%
Sep
3
15%
Dec
20% July
56% Nov
Jan
1
26
Jan
14% May
1
19% Jan
53
6V4 Jan
2
2 Va Jan
;
55% Jan 10'
A 8% July 11
17/
Apr
2
3% Feb
2
24% Feb
19
6
va Feb
May
5%
5
5Va Jan
y
49
6
Jan
18
Dec
4%
14
21% July 21
17
3% Jan 14
2 Va
Dec
8% Jan
6
Dec
18
Sep
67/a July
Dec
2 Va Apr
t,
Sep
25
Dec
4%
6
9% July
Dec
1%
15
19% Feb
-5
Jan
5%
76
Feb
5
23
19% May
30
Sep
118
Dec
51
Sep
15% Mar 30
16% May 27
1
Zinc,
45%
Dec
Jan
11% May 21
par
Apr
% Dec
1
Dec
23
Aug
4%
Jan
'
71% July 24
95
13
76%
Feb
100
July
Byron Jackson 'Co_—
180
13
&
38
5
m Feb
24
Jun
3
13
14
47% Jun 10
a
Jan
35
103% Mar 12
x
.
,
V2 Jan
1% Jan
43
^ Apr 16
9% Apr 17
6% May 14
7% preferredlilOO
preferred
Copper
Jan
19% July
;
—.10
conv
Sep
Sep
3% July
"
% Feb
Byers Co1 (A Mi —No.por
Participating preferred
100
"
*
5 %
•
1,200
21%
21
Apr
9
2
No.par
Butler Bros
Jan
54
Jan
23% July
10
par
:i.
Terminal
111%
,
18% Dec
2% Feb
7 ' Apr 23
28% July
1
1
Burroughs Add. Mach
i
16
1
100
'--No
Bush Term Bldg
71%
•:
Jan
25 Va July 22
par
-No
i
400
-
A3 A ",
Is:-;:
74%
Sep
35
20% Jan 13
30
A ;v
5
Co--.—
/
3,500
-
21%
*2%
7 -■%.
Oct
Mar
24%
26
.—100
Co
'70
22% f.
*21
2%
'
•
1790
'
15% Jan
pat
-l_—
!
Forge
-
40% Jan
.17% Jan
pdr
-
—i-
800
2% V;
No
Mfg——Hi-No
Wheel
28
'
;5 *20%;;
.
May 22
7% Jun 29
.fiulova >WatchNo. pat ;;
Burlington Mills Corp
1
A Conv
pref $2,75 ser
:
No pat
100
1,200
57
211/z
(E G)
Buffalo
24%
8%
18%
21 Va Jan
15
No par
7 % preferred
200
>
V
•
800 f;
V
17%
57 h.
v
81/4
AA; 80
6%
12
17%
*55
8%
6%
*171/4
17%
Dec
31% Jan
May 29 /
par
A—No
BucyruS-Erle Co--1
7% preferred—
10
800
2% '
52% f:
*11%
:
17 Va.
*20Va
V
6%
12:
*11%
25
17%
*55
-
*6 Va
17%
*24 V4
8%
2'/a
52%
■
12 .A.
17%:
•
2%
52%
6%
*11%
17%
8%
A-
2%
6%
12
17%
25'A
*55
57
•
8%
.
*24%
17%
*55
V;/
18
6%
*11%
12%:
*17%
25%.
17%
>;
*6 Vb
6 Va
.■'
2%
May
Jan
13
25
x
Brooklyn & Queens Trpar
1 Va '
*517/8.
Sep
10%
3
19% Jan
2
1 Va Juiv 25
Briggs & Stratton—1„—No pat
Bristol-Myers Co
A*-*1-5
•
12%
*105%
2%
«
*11%
,t
2%
31% Aug
23%
Dec
18% Mar 3B
1
-.100
.
'
V
Dec
15% Dec
5
13 Vb May 20
Bearing. Col-,—_,t.—5
/.; 7.
7i';.77-.,
21
14
12
1
July 15.
30% Apr
f
Brewing Corp. of Americal-,-*uu<.l5
*28'A
7%
,i5
70 i
Apr. 30
2
Jun
19% Jan 28
Va May 20
72 '
par.
________^_5
13
...13
t per share
14% Jan
25'
(The)-L__^—L—-.^._15
30
>231/4
30
13%
7%
105%
A 7'A
7%
*28%
Highest
S per share
7% Jan
13
_jr^_l
"
*28'A
8
!58
Bridgeport Brass CO-*;—^—No; par
Briggs Manufacturing-.,-—-No par
> jo •:
u
I
No
Borg-Warner
Bower
35%
*1'
'
*
'
..
1
1
■
A
Inc.
100
'28%
■
•
class
700
18%
28%
/
Brass_L_„wA—5".
B
Stores
Borden:Co
;.
1
,.A
8
'
"*ii
*1
.
24
;
3'
'11"% Jun
5
Boston & Maine RR_A
15%
*18%
.
'
5,800
30
7
8
28%
'
1% V'
15%
18%
&
<
24%
*26%
: *27%
28%,;
,
,
Va
*1%
«
8 Va
18%
"35
35%
15%
19'/a
*27%
28%
*35 A'
28 v»
24
Bohn Aluminum
70
v
20,
30
*8
-■
per share
$
18% Apr
2
14% Apr, 29
5 Va May 29
,
j
par
Co
20
14%
:
Boeing Airplane
1,300 i
35% 5
1% ' '
*15..;
'7? 8 Va
Year 1J)41
Lowest
*
87
24 %
*26%
15%
8
8%
i
3,100
31%.
;
35%
v
20 %
.
*1%
■
30
*15
15%
18%
19
*27%
"
*81
8 Va
...
24 Va
2 >'.
.»
*27 Va
30
20
r
25 Va
■
V
'
:
Co
Bloomingdale Brpthers__^-.wlVo; par
.'Blumenthal & Cot preferred
__100
;c
i
87
14%
20
Range for Previous
Lots
Highest
•
$ per shari
paf
•Bliss & Laughlin Inc-._.\iM^_,_-„_L5
100
V
14 Va
35%'
*14%
24
a;
8%
*26%
*87
*34%
14%
16%
:
100
*88.
100
:•
35%
30
...
8%
18%
V;
JBlaw-Khox
1,200
:
15
-14%
•
14'%
24
*i%
*15
-
Bigeloiv-Sanf Carp Inc_l
No. par
Black & Decker Mfg C0__l_~.N0 par
100
A
.
1
*55%' 1 66
■
.
35%
•
14% /.
,20% ,
23%
:v
*88
"
.35
*14
.
500
9%
■
,
A
23% t
•
16%
.V
12
*9
.
15%..':
30
,
100-Share
Lowest
.
*
*9
1
y.
.
■
'
5 %
EXCHANGE.,
.
.
'
'
*22%
A
10
Jan
15 Va July -9
7 Va
Apr
12
Jan
16%
—No
par
_No
6% Mar
par
6
10
Jan
14
11%- Jan
aa v
-;/'A
<
p../..a
'•••
:;.A-kV %
'
*18%
19
*51%
;
'Ay:
.,53
'
*%
%
'
*6%
6%
'
*18%
19
*18%
19
>.
18%
19
"-J8Va-
53
:, '*5i%
18% I,
*51 Va
53
A-
*61%
53
■'V 5lVa
51%
'''X'vA %
,■: *%
;
.
' : *6Va
6lA
v:v %"
6%
6%
%
.
vv; •
6 %
6%
'
•
*13%
*11%:
*13%
*11%
*14
*11%
I
*4%;. >
•i
:%■ V;' 29
34
*29%
i.
31. '
A.> *2%
•
84%
*24
24 %/
2%
t
'
115%
69
115%
*16%
•»
*
'
115%
84%
18%
34%
v,;
*68
*i21
123
7.
V 18%
'
18%
89%
j'
*68%
70
*68%
70
*69
*16%
v
17%
17 lA
*16%
17%
2,000
*1%
1%
97%
114%
114%
84%
6%
6%
7',:7 7.,,
70
'
76
*68
-17»4rV"
97%
■:AW.-..
9»V
13:',a
•12%.
*2%
*2 Vt
2%
*83
30
30
*2'v;
*17
17%
2 V«
./
*17
.
i6
*98%
99%
*98%
8%
*7%
:
:*i4%
31%
31 Va
31%
*93,
V 8
95%
*93
40
t,
2
•/.
*1%
i
17
16
27
%
8%
31%
31%
*7%
31%
95%
31%
31%
94
94
*93
'
*
14
,
•
%
.
'i%
..-
;
Va
*34%
35
*44
50,
t
»A '
■'
■
•
.*11 V,
',
12%
V
61%.
*9 Va
62
50
35
*
1%
*20
62%
22
-
62'A
10;;
10
*%
12%
12%
11/4
*1%
•
62 Va"
*10Va
9^%
.
;,
*95
96%
96%
v
.
i-inVa
>•
^*32 "A
2%
*2%
;
*110%
1
90
23%
24
*98
100
*78
79%
*2%
2%
31
*3u-,a
112
*110%
*23%
23%
*99
79%
f47
50
79%
38 Va
38 Va
38%
32%
*32 Va
*142.;
148
148
*78
79
*58%
*560
78
59%
.
*560
..Ju
38%
*32 Va
*142
78%
78
*58%
•>-'
2%
8x'
*2%
*3u^a
'
2%
3
I
*58%
59%
*2%
-110%
112
24'
*23%
*99
79%
112
%
11
200
i
12%
■■
f
1%
{
/
■:
*99i/4
12,900
*78%
85
*78
50
*47
50
*47 •;
*38%
38%
33
*32'/a
32%
148
79
*77
/a
*58%
*142
77
59%
...
*58%
:
Jun
Dec
222%
65
•x
10
Ve
Jun
75
Dec
15% Jun
Sep
22% Mar
1%
Dec
3%
Jan
2
108%
Dec
115%
Jan
7
3
Dec
4%
Aug
Jan
29
4%
Feb
2
3'% Feb
11
Va Apr .14
821
July
17
„
27
July
1% Dec
27
22% Apr
37 Vb
Jan
2
19
Jan
6
15
21%
Jun.
Jan
22 Va
Sep
Oct
17
Feb
10
14% Dec
27
100
Jan
14
95%
27% Apr
Co^y^No'par
% Apr
16
2% Jun
5
/: 1% Jun,
8% Jun
__50
A/
—50
Co_^
cum div-A—-No
4 Va Jan
•'
——5
,
;
33
47
par
% Jan:
-100
2
8% Jan.
2
11 Va Jun
26
1 Va Jan
—_5
jlNo
20
;
May 28
Clev
;;
(
59'%
•
67% Apr
.107%
Jun
-Preferred
a
100
,
.
Jan
%
% Dec
July
•;
Jan
9%
Jan
-25
63% July
V
9'
Dec
27
Jan
41%
Dec
72%
Dec
10%
Feb
23 0
92
Dec
104%
Aug
34
Apr
14
40
Aug
46%
3
.96%
10
Jun
6
2
34% Jan
8
29 Va
17
72
Jan
112.
115
1Q9% Dec
3
Jan
.
'5
24
5
Jan
■
,
May
81
Aug
33% Jan
Oct
98
Sep
Jan
.
70% Oct
Mar 10
Dec
105
84%
5
27
Feb
44%
par
ilOO
3
28%
Feb
39%
(Thp)„„No par
56% Mar 24
84 Va
2
80% July 10
78
Dec
63% Jan
9
60
Mar
Feb 25
740
July
25
470
11% Mar 13
15
470
;
Feb
Sep
Oct
Mar
Dec
Sep
148
Sep
106
Dec
143% Jun
55% Jan 28
.
50
48% Nov
142
Feb
Aug
85
Dec
9
4%
40%
Dec
25
Jan
„r-No par
Jan
8
Jan
10% Jun
50
—No par,
Sep
Aug
20
13v
3
44
^Class A
Sep
Dec
36% Jan
i,-.*-
Feb
1
6
25% Apr 24
Jan;22
139
;_No
Jan
July
A
%
May 2
32% Apr:28
Coca-Cola Intern Corp
UA..
54
»V Dec
.47.
—
Co
44 Va
Apr
pat
Special, gtd 4%
gtd
50
stock—.,—50:
Cluett Peabody <Sj Co —,__No
Coca-Cola
Apr
49
Mar 10
Jan 20
Co
Climax1 Molybdenum—
500
37Va
14%
77% May 14
••-.
Jan
8 Vg May
Clev- & Pitts RR
7%
8 Va
19% July
10% Feb
14
15.
nov
8
Jun
2% Feb
29
22
A
9% Feb
1
Oct
July
.13%= Feb 27
All%'
100
'
>'
5% pfd —100
Jun
Dec
>
95% May 15
1,300
76
59%
•
V
:
3
10
J
-
"
2Va Mar
par
$4.5Q; pfd—No par,
29
May 11
'
148
El Ilium
—No
Jan
5,'b Feb
%
10
A
V
Equipment
3%
16
Clew Graph Brdnze Co. (The)
1
5% preferredL—_il00
400
-Ai
32%
preferred.-,—
5
■■•;.
43% Jan-' 2
C C C & St Louis Ry Co
6% %
21
Jill
.'
3
ll'a
Mar
.
% Jan
3
,■
'3%
3
52
6vb
1A Mar
..
5% July 22
39% Jan
:
Feb
1% July
Dec
1% Mar
17% Jan
Va Mar 23
par
Cp——^-25
;■.
:
2
-_10
Oil™,..
No
Copper
28
,
26
.
July 16 '
a*2 Jan
6 %
Cotton
Apr
-
Jan
102%
A
2% Jan
23
44 Vb
Dec
26
13% Mar 23
2
Jan
Dec
93
Jan
2
12 Va May 21
.
Pacific-^——-100.
7 %- preferred
5
18
31%
27
Feb '7
,98
1% Jan 29
8-
107 Va
Dec
5% Dec
8% July 10
36% Jan
24
Apr'
89
28
50
'
i
'
Order
Oct
26
Apr
5V2 Apr, 22
A——_—i-——^-40;
34% July
5% Jan
5
Jan
Clark
.
2% Jan
93
f.
Apr
29
14% Jun
;;
July
Dec
:•
•
2
23% Jan.
16
25
Dec
4
97
'
Oct
32% July 10
Jan A2
17
Dec
77
95
1% Apr, 28
t
2
Mar 30
•''
.
6
Apr
37%
*142
18
29
34
85
*560
Sep
Jan
3% Feb
2 % Feb
110
2
100
37%
59%
3
A
5% Dec
23% Jan 27
10
City Investing Co__—100
City Stores
5
112
*47 :
*560
*560
Mar
11
i
Mfg.,—.^.4——..^—5
- Corp_-.-___
City' Ice & Fuei_^—_^
42
100
76
71 Va Jan
25
Apr 27 '
90
:y
*
^100
Chrysler
2%
,i*78
-.
3
87%
125
14
8% Jan
116% Mar
22
94 Va Jan
•
Jan, 3
May 12
7' 24
77
•
Feb
16
9
•24
•
120% Jan
29
92
*32%
148
par
1
£.
-—--IlOO
East UV RR
Chlckasha
.
38 Va
•
Apr
Apr117
15
•'v"
Childs Co—
70
32%
->
50% July
29% July
,
;
'
79
59%
50
37%
*32
Dec
18% Dec
Apr 23
par
100
"
36
31
*110%
85
.
3
1% Jan
;
400
'*•
100
Jan
3
.
1% May 27
^100;
"Copper-;;—No
pf ($2.50)
Chile
95%
*30'/a
'
3%
12
,
preferredi——C-v——-100
Chicago, Yellow' Cabp—L-i-Wo\pdf z
200
300
;
•
22
*2%
'24
.
% Jan
Jan
:
Chicago Pneumat Tool--—No par
$2 conv preferred——
No par
; Pr
100
,
Cab
Chicago- Mail
400
*32V4"
112
23%
-
30
Jan
90
7
T
31 %
*110%
24
*142
'■
90
100
148
'
2%
*30
!
90
*560
—
42"
"32V4
39
*47
;
33
*141
42 Vv:
*32%
100
*
*31%
42
.90
100
*78
50
*47
*321/4
42 '
90
*110 '/a
112
*22%
*98
*2'/a
30%
31
*30%
*._
*32%
42
V4 Dec
x
92% May
% Jan
A
Products.
Chic Rock Isl &
%
95'%
"
..
;
10%A10%7
"'
r:"Apy
2
19
Jan
Dec
Apr
,
42
100
Chicago. Great W$st RR, Qo
>.' 5 % preferred—-
■
*95
.
200 r
300
&
Class
3,000
60%; 6i A ;
,10%.a ;
10%
Y-:';
V.'
600
10
*21
""60% "'61%
IOV4
*/2
,
:V_
50 /'• J:
.
1%
'
:"
22
C
aaa
11
1%
22
93
1
preferred*
Chic
100
Va
*12
12%
7
*21"
22
62
"ii%
79
7
•21
66
:
Chesapeake & Ohio Ry———25
A * Preferred series A—1100
1,200 a
%
.
28
41
Apr 24
Apr; 24
15
17
6% Apr
preferred—100
% prior preferred—,
6%
2,500 A:
*1/2
:
Y2
1
■"
*n
n'%
*20
62%
10
fg
,JV
V
1
"100
35
*47
*
8,100
5%
'
12%
.
;
:
12%
i
*34
*12
i%
*5
50
Va
*n
;
/
35.'('A
*
%.
12%
:
*47"""
%
%
11%
*1%
f
t
1
50
.,
:•%.
*U -i
12 Va
,
Ml
A-
6
Checker
:'tY'A
*%
5%
Jan
27% Jan
3
"Jan
May 18 '
Apr
3% July
Dec
Feb
77
Chain Belt Co—No par
Cham Pap & Fib Co—No! par
,
:*•
/
35
%
31
f
90
<
*12%
"35
13
i.
*3%
,3%
-7*1% V 1%
10%
IOV4
1% V
-
(,/V
»;
10% -
*5
13Va
*47 %
,
%
5%
•
13
36i/a
•
%
*%
.
12%
...
«1%
"10%
t '■ "hr ;:.v%
1%
22
;t
10
*
•
.11%
,
1%
*20
"
10
%
*12%
-
62%
'
%
*%
*11
11%
*1% v 1%
*20 ,V; 22
.
*47
10%
5%
; 13 Va
*35
Va
%
K
%
<•12
:
,
.1%
10»A
5%.
13'/a
Va
*
%
:•
♦
*
%
.
*1%
•
100
951/4
%
Co
4%%
—„—j
Certain-teed
380;
(
8%
30Va
3%
•
Lt
Cerro de Pasco
.
1
•
*93%
951/4 ;■
34
3%
500
16
*7%:
31%
*93%
2,lu0
981/4
....
3%,
yu
.
30%
V
Va"
32
30
Century- Ribbon Mills^——No ,pcvr
,
26
98
A
Foundry
111
>r-£ Preferred
30
*14%
8% r
*7%
200
.
*16% .117
99
3%
%
3%
*5
13
35%
*44
■
10%
50 V
*34%
v
1%
10%
5%
*5
13
13%
*12%
*
;
*1%
10"
9%
5%
*5
%
3%
1%
1%
10
%.
3'A
*3Va
1%
10
'>.
:ij
3%
*3
*98V4
5
Mar
No 'par
JCent RR of New Jersey
Central Vloleta Sugar Co
100
AiV/t:
*1%
?
•"»!iiiyy jo-' " "
v
:
A%
25%
.
Central
Central
90
ii't>%',
;Y
I
*l 6V2 " 17
99
8%
A
26%
39%
1% Dec
Feb
,
43
!
5 %
——_100'
Central Aguirre Assoc
No par
40
12
-*7%.
.;
1%
■
Dec
32%
■
2Va July 20
Aug
'
*83
;
2y%
Aa'/a
1V»
v:'
16
99
:
•
fv:
10
5%
112
110
200
12
'.i
90
*2534:
17
*14%
:
.
.
*7%
95%
r
-7%
26
99'
'Ai'
A-.
13
*83
90
17%
99
2%
*121/4
...
AO
1%
'*14%
16.
99%
97%
*2 Va
*"%
26%
*17;
17%
v
13
*83
A
3OV4
26 Va
,
*12%
?%
90
*83
■
: AO Va
,,;>7' 2 Va
2%
*96%
V : 2 Va
'
37 Va Feb
.'
Sep
Jan
Dec
.72
July 9
122 % May 25
_100
;-i
3
4% Jan 14
•
40
Jaivl6
par
No'-par.
preferred
Jl
'
*1%
9 71/2-Ay;
%
*37
100
2 V4
54% Apr
prior preferred-L—ilOO
Corp—i
preferred
Mar
.
89
preferred—_100
2d
•32
2
Apr
82
prior
Jan
17 Va
117
.
-1100
.i—No
Jan
14%
10% Jun
26Vai Dec
Apr 14
22% July 2
100.
Celotex
'
-
r
7%
c 7 %
series
7%
9% Nov
5
37
I
Co
Jan
"6
77
—
Nov
1%
"
'-;;,.1%A:':';
*1%
1%
98
7*2
12%
;. V
*!*■■
*14%':
*7%
.
*1%
*97
2
**%
2|«
30 Va
*2
1%
97%
.
*12%
90,
26%
27
.
:-.r
f
30
;
12 Va
-
26 Va
13%
*12%
90
*83
■
1%
97%
•
210
:A
16%
16%;
•
2,400
.
HOO,
5'
Sep
54 Va
14
20
32
'
24%
Mar
hi Dec
4% Dec
7 Va Jan
i% Feb; 10
■
153'* Dec
61
12% Jan
Apr-16
3% Jan
*.
A
14.:
15% Apr
l.
A 29% May 16
-'par
—19
Preferred ___L———
5%
.
480
;
r
No
i.—I
Caterpillar Tractor_-_
Celanese .Corp of Amer
90
.:
114%
84%
85%
*16%
,V 1%
1%
*96
2%
•2
.;
900
18%
90%
V
97'A
Case. (J. I)
•
;
.7
ga/4
.7'A
:
300
A
25;
Carpenter Steel Co_J—„
Carriers' & General Corp
200
'
•
Ry_—4._
Mills—A——!
20
1% Jan
2
9 Va Apr
"29
Jan
51% July 23
25
U% Jan
!
ilOO
$2 preferred A———
Carolina ,Clinch; & Ohio Ry
Ay 20
35
"87
;
Ry Co_^.
Cannon
J -;
5% Jun.
5
No'par
Capital Admin class A'
300
'
i
Cop
Pacific
Canadian
■
65%-
V
34%
35
•:
%,
114%'
85
*7
Canada Southern
100
1
69
;
89
7
:
10
300
V. 2 % A
"2%
-
70 ;
Cons
Dry Ginger Al'e_A-A—1--5:
300
25
121%
-1,3.%
115 ^
85
2%
2
Campbell W & C Fdyi
Canada
3,700
84%
""
-121%
6%
0
lv
3%:
*23%
Hecia
Calumet &
600
31
84 Va
.
":
25
14
a'a%Jun
19%
2
50% Apr
1
Zinc-Lead-,
300
:
4%
*2%
84%
*2%
-
13%;
*30%
-
.
Jan
——50
__ -
Callahan
1,700
:
4%
.
California Packing—'
ArtS %'. preferred..
,
*33
*68
'
90
115
84%
'
2%
84%
18%
*89%
•
31
*24
36 V" 36%
..
.f
400
13'A
4% '
2 Va
70
90
115
,
7
7
Va
1
.
10c-
*11%; ; 11% ;.,
*29
:
54 .AV.
■.
*33
'r
123
/
..6
VV
32
4%
2%
..70
*121
36%
19
*18%
89
*2%
70%
123
36%
,
83 Va
*68Va70
.
*16%: '17 %
;
V;
•
25
12
-*30%
84%
84%
,
13 Vu
-
;2'%
"24
2%
70%
*
90'
7
2%
'
7
83%
,'
1
•*V
*121:
115%
-
7%
*68%
"
18%
83 Va
*7
2'4%
36%
18%
36'A
115%
83%
84%
'
2%
■,/av-A
0... 76% V'
.-*29
4%
*33
84%
2%
*89%
18%
89 Va
V
%"
33%
•
-
600
18%
51% c.
*50
ft -''
ll7a?
-T
34
*18%
.
•
12
31% ; 31 %-
:
2%
;
14
'V
4%
31 Va
v'
*2%
.
*29
*33
VVV 24%
123
V
36%
18%
■'
4%
■
71
*121 ^
*13%
12
34
v;*",' v> '4
*30%
; ■A ;■
V
24%
•'
2:,'a
-
P.
:
*29
14
11%
84 3 a
*70
•;
89%
■
2%
*23
70%
123
36%
,
31%
*84
2%::
*70
'*120%
:
4 s, a
*33
*83%
,
:
•
2%
.
*33%
i
29
•
*30%
;
2%
,.
12
4%
4%
31
■,
*13%
7v *u%.
14'
j
>
Jan
'
63%
740
NOV
July
.
14%
"99
14%
101
*15
106
15
14%
;
*100% 101
15
15%
*100%
*101-
15
.'••
14%
*101.
15%
*100
14%
106
14%
■
19%
14%
*14%
*
14%
101
14%
101
15%
*14%
14%
15
106
14%
15
14%
14%
101
101
*101
100
14%
*101
15
14%
Xl4%"" 14%
-
101
101
14%
■
106
...
•
14%
*101
'
15
14%
%
*%
%
1%
-1%
*1%.
13A
*1%
1%
1%
1%
1%
1%
AA
1%
*1%
1%
1%
1%
*1.1%
12%
12%.
12%
*12%
12%
12%
12%
*12
12 Va
*12' •
*11 Va,
12 »/a
12%
12%
12 Va
12VS
*12 Va
12%
*12
12V2-
*12
footnotes
14%
V
'
see
■
page
319.
•
%
7/a
'
%
A
A!
'
1%
1%
.
A
' jf'
1%1 Va
A
800
106
15
700
—
1%
-•
1%
1%
11V2
12%
12%
»
;
60
200
:
$4.25
600
-No
par,
97% Apr 25
preferred—~No pat
Collins & AikmPn——No par
5%
conv
preferred——100
10% May-
1
Colo
105%
13% May 21,
.fuel & Iron Corp.
No par
rr—100
Colorado & Southern
4 %
1
1st
1(5(1
preferred-'—
4%. 2d preferred-
—
100
Colnmb Br'd Sys Inc cl A——2.50'
Class B—
L_
2.50
—
May
105
8% A^r
8% Anf
Jan
Jan
18 VB Jan
>
% Apr 10
1
May 19
"Av, % July 10
July
9
10% Dec
22
100% Feb
15% July n
7
90
280
30
.<
Colgate-Palmolive-Peet
300
"
-*u
For
ioi
3,600
2
26
11
12 Va
Dec
106
30%
i
Sep
Nor
Jan
114
Mar
20
Jan
Dec
Jan
3%
Aug
Dec
2% Jan 31
1%
Dec
1% Jan 30
1
Dec
105'% Oec
16%
2%
Sep
Feb
2
11
13% Jan
6
11
Dec
21% Jan
24
13%
.Ton
6
11
Dec
51
2
Jan
J
WW»W*WWlU"1 fMW '51 ^Hfll l* 4WWM *
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THE COMMERCIAL & FINANCIAL CHRONICLE
312
LOW
AND
HIGH SALE PRICES
Saturday
Monday
July 18
July 20
July 21
t per share
$ per share
IVb
l'/a
*33 '/a
$ per
1%
1%
Thursday
July 23
July 22
$ per share
snare
1%
IVb
STOCKS
Wednesday
Tuesday
1%
$
1%
1%
36%
7%
*34
35%
*33%
35%
*34
35
*32%
34%
*32%
34
*32%
34
*32%
73%
73%
74
*73
75
7%
•
*29
7%
.
30
*97
26%
*97
26%
*105
■*105
8%
A
19%
30
20%
21
26%
A
19%
2
1 »»
24
,
27
*23%
26%
22%
23%
193/4
19%
*1%
2%
*2%
2%
14%'
14%
15%
15%
15%
15%
17%
17%
17%
17%
17%
17%
19'%
17%
10%
*10%
10%
*10%
10%
10%
78
*77
78
*76%
80
77
90
4%
4%
13 %
.
87%
*
4%
•
-lt3 %
:
5
5
13%
87 %
90
89%
*87%
5
'13%
13%
'
13%
*
07%
*87%
%
7%
*1%
;'%r'
,
*87%
2
5
7%
2
4%
1-3%
13
88%
88%
%
%
*i!
8%
*7 S/8
2
*13/4
5
5%
5
*88
43%
43/4
4%
Commonwealth
6%%: prior
89'/a,
88%
88'%
600
*iS
'%
100
7%
7%
600
13 '/a
5%
5%
5%
5»/8
5'/a
5
5
6
5%
5%
*53/8
5%
5%
5%
6,i()0
Vb
*5%
*6%
*30%
30%
*30
31%
*30
31%
*29%
30%
*29
30%
*29
92 %
*91
92%
*91
92%
*91
92%
*91
92%
*91
92%
*11%
12%
*2%
2%
*92
6%
12
12%
*2%
94%
6%
12
2%
*92
6%
12
2%
94%
6%
12%
2%
*92
6
6%
12%
23/4
94%
3/8
12%
23/4
*92
6%
12%
*2%
6'/4
12%
23/4
*92
94%
6%
,
2%
2%
92
253/4
25%
253/4
100
$2 partic preferred..
Laundries
RR
25%
25%
7
*6%
7
38%
38 %
38%
38%
37%
38%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3 s/8
3%
3%
,
12,700
23%
23%
23%
23%
23%
233/4
23%
23%
23%
23'%
(
4,800
Continental
17%
*163/4
;
400
»
100
17%
*16%
*9%
9%
*48%
*32
32%
51%
52
173%
172%
*2%
2%
*2%
*%
%
*%
12%
12%
92
92
\
*6%
17%
36%
*36
10%
*26%
*6
23/a
2%
2%
%
*%
U
13
12%
12%
12%
123/4
923/a
923/8
*91%
14%
7
17%
36%
•
*36
17 %
10%
6%
6%
91
6%
*10%
13%
*13%
36%
10%
26%
27
y4
26%
67%
66 V2
66'%
*643/4
10
*9'/4
10
^6%
96
*90%
*81
82
18
100
10%
;
*16
*13%
6%
*87%
95
*93/4
95
%
♦16
*S/b
*13%
13%
*17
133/4
13%
Internat
of
65/«
6%
*88
19%
95
300
6%
8,500
19%
95
13%
13%
19%
*88
*55
13%
Corp (The) z
conv
5'% %
conv
Press
Curtis Pub Co
Preferred
Class
1,600
July
Dec
1093/4 Nov
40'/a
Jan
15
6%
Feb
10
.7
35%
Feb
45%
Sep
Sep
33/4 Jan
16
23A
Dec
4%
Jan
24
■
<
Jan
16
17%
Feb
19% Jan
3
15%
Apr
23%
Jan
5
9%
Dec
18%
Jan
27% Nov
Sep
28%
Dec
62%
Jan
17
553/4 Jan
174
Jun
Jun.13
74% Jan
2
8 3/4 May 29
r
13
90
%
Jan
Dec
19%
Jan
5
88
Dec
10%
Deo
4%
Jan
18
Jan
2
.July 13' ;•
Mar 17
19% Feb
5
41
-
8
•
-Jan
15
;
ll7/* Jan 20-
r
-
107
19
Jan
9
July
>
Dec
27% Jan
Dec
45% Jan
10
Deo
15% Jan
;
88% Jan
15
80
Dec
64
Jan
,3
28
Deo
47% Jan
,79% Jan
^e
2
73% Deo
1% May
3% Feb
68% Jan
Oct
13% Jan
14
9
Jan
27
-140
Jun
3
72
Feb
127%
Feb
Sep
7
41%
Feb
77
Deo
■!-
83
13% Jan
14
8
13% Nov
8%
;
Deo
Sep
16% Jan
18
July 22
12%
Deo
23
Jan
98
Jan
98
1
Deo
09
Deo
26
%
Deo
13% May 19
% Apr
4
18%. Mar 27
13%
Deo
30
18 3A Jan
5
16
Deo
5% May 20
9% Jan
6
Jun
Jan
38%
12-
par
'
36
Mar 14
Feb
Jan
A Dec
29'
Jun
Dec
4%
11
8
9
5
88.
182% Jan
6
16
27
25
is
x54
Dec
Jan
,
Mar 27-
26
2%
Apr
Mar
170
95% Jan
1
Jun
5
U
2
8% Jun
42%
24
14
15
Apr
9
Jan
3% Jan
18
Jun
24
25% Jan
100
80
Jan
19
90
July
No par
44,
Jan
17
56
No
par
12% Jun
22
-5
Inc
Jan
Jan
333/4 Jan 26
63
No par
..1
3% Jan
'
1% Jan
48
Jan
34% Fel*
6% Deo
10
pfd
-
,
Jan
42
1
Cutler-Hammer
79
21%
9
8% Jan
Dec
66 3/4
No par
Cushman's Sons Inc 1%
13%
1
"
July
lC'/a July
5% Aug
Dec
5
A
28
7% July
30
106%
,12% Jan
77
May 19
233/4 May 20
30
Prior preferred.
Curtiss-Wrlght —
2%
/
Feb
Jan
Nov
48
100
No
;
103% Jan 28
23
14'AMay
.100
(The)—
3%
29
10.
5
—.100
—
2%
July
51% Jan 30
—100
;
93/4
3/4
Jan
1% July
11
29
32
par
Inc..
6% May
Feb
•
Mar 13
—,.100
preferred—...
Dec
..
8
-53/4 May
—100
preferred
Dec
5
13
15
12'% Jan
par
No par-
;
1%
29
1073/a
Dec
Dec
3 % Jan
85
2
-
30
Dec
'A
7
Dec
Apr 17
2% May 22
15 Apr
8
10% Apr 17
No
conv
8
x82
11
159
No par
——No par
preferred.—;
Jan
113% Dec
;
253/a Apr 24
100
(The)—
7
3
42% Apr
—1
$8 prefer led
13%
Jan
8% July
233/a Jan
4
13% Jan
45
—20
preferred
Preferred
*55
13%
103
Dec
Dec
Apr
15% Apr
8% Apr
25
preferred—
preferred
Cuban-American Sugar..
1,600
95
May
4%
Dec
17
—50
conv preferred—_No
Zellerbach Corp.—
►4% ft
133%
6%
90
14
2 3/4 May
5
Cuba RR 6 %
10
Jan
93
1
—
Cudahy Packing Co
1,900
Jan
973/4
15
28
25
Cuneo
S/«
If
Dec
15%
Dec
96% Jan
26
Corp....
300
*13
19%
*88
/
23%
Dec
77
63/, July 14
31% Jun 15
30 3/4 Apr
Del
Crucible Steel of Amer
•
Dec
9%
.
6 % Jan
7
Z—5
series—
500
16%
6%
20%
18'%
100
$2.25
Crown
100
Jan
Jan
2% Jan
21
.—$2.50
Co
conv
5%
4
8% Jan
29
Fibre.
Crown Cork & Seal.
,
.
24
2
Jan
May
77
1
Crosley Corp
$5
30'/#
183A Aug
16
V.
9
28
Refining
Cream of Wheat
.
Dec
Dec
11% July 6
2'A Apr 29
100
Coty
Crane
30
10 '/a
,
%
13%
6%
800
*16
16
19%
•
'
/
82
*93%
IJ
20
■
6 '/a
95
10%
100
16
17
*55
13%
6
82
18%
*93%
200
93/4
*90%
10%
*17
18
100
•%
/
6%
*55
13%
6'/a
:
20
»
10%
18
*93 %
%
13%
6%
19%
*88
10%
17
,
6
6%
1,300
43/s Jan
Apr
Inc
50
-
j
66
*9%
94%
83'%
%
*55
26 %
1,600
81
9%
*79
*93'%
13%
80%
*64
*90%
300
IO3/4
26%
26%
300
f
Jan
Feb
3
21% Apr
6 3/a Jun
Preferred
100
;
ii
65% July
Jan
25
22
20
Bank Trust Co
Products
5%
.'11% July
Jan
14
82
.100
Motors.——
Oil
.94
4% May 13
—No par
—
14
9
.5'/a Jun
—.25
Insurance.
Coty
1,100
.
37
10%
80%
*9%
17%
*36%
'
•66
6%
20%
*13%
10%
83%
*16%
i
17%
36%
105/8
36%
36%
92%
6%
13%
18%
bo y4
17%
100
*13%
*17%
17%
*6ytt
*19%
95
6%
92%
16%
6%
*87%
*55
14%
*6%
10%
10l/e
tt
20
14%
27
■
*79
%
13%
6%
Corn
60
6%
82
10%
17%
*93%
*19%
i
83
18
17
95
Feb
2
Apr
l%Jan
,100
Inc„—•:
pref 5%
Corn Exch
150
14%
*80%
*80%
91
*
*78
100
-
173
63/8
6%
82
10%
*9V4
*93%
•
173
"14%
15
17%
36%
10%
10
*9%
*17%
!5/«
15
*6%
18%
67%
10%
12%
*92
15
*
27
83
*16
13%
94
*6%
7
67%
91
Conv
5.800
95
12%
*91%
—
173
pfd
25,
Apr
% Jun
7
Continental Steel Corp—No par
Steel Co
5
100
173
78
Copperweld
200
%
27
10 %
-
2 3%
n
Co
Continental Diamond
4,200
2%
26%
v
.
*76
\
*%
*66%
v
*89%
513%
*2%
82
9%
51%
6%
Coal Co.—
Can
Continental
490
*172%
*80%
A
174
52
51%
31%
u
67%
9%
52
31%
2%
27%
'
51%
32%
X32%
52
49'%
173%
15%
■; 10%
82
; *66%
33
9%
*48
*%
12%
*17%
36%
10%
33
300
18
9%
49 %
Continental
2,200
*2%
92
*6%
-17%
*80
48%
*16%
9%
*48
7
36%
Cuba
,,
6%
:
173/4
9%
10
*6%
36
173%
u
15%
6%
.
*16%
173/4
*9%
48%
33%
51%
3
12%
15%
*33
172%
*91%
10
49%
*48%
33%
*172%
,
*9%
51%
15%
*16%
10
49%
33
51%
,
17%
*9%
49%
:
*16%
*48%
*6%
38
83
Corp....
___5
Corp.,
.No par
Oil
of
Continental
23%
23
6%
38
89
Jan
18%
113/, Feb 28
25
Dec<
2% Nov
13'A
21% Mar 25
Apr
No par
] ,8% preferred—j,
26
*6%
38%
20
7
13
11% Apr
25%
38
6
3 3/a Jan
16'% Jan
.
3
Continental Bak
3,100
Dec
7%
;
...
Oct
37% Jan
110
Dec
39%
:
14
7%
253/a
Vt
6
233/4 Jan
3
104%
Dec
Dec
8
7% Jan
25%
26
Dec
19%
100
10
97% Feb
*6%
63/4
96
9
3
25%
25%
24
July 15
20
Consolidation
900
92
Mar
it Jan
May 20
9% Feb 16
5% conv preferred
100
Consumers Pow $4.50 pfd—
No par
Container Corp of America——..25
4,400
31
Apr
Consol
1,500
12%
94%
400
Dec
93/4 Jan
29
Oct
Aug
16%
44% Jan
July 24
7%
28 V»
4% Jun
Consolidated
30
*91
*5%
Jun
:
83
Apr
5
27% July
105
Dec
4% May
21%
'
Coppermines Corp
Consol
6
5%
,
64
Jan
Jan
Apr
July
6
Edison of N Y,
—_No par
$5 preferred—/.——No par
Film Industries—
-1
'
2
July 16
July
101
2
15
.100
:
22% Jun
22
Consol
i
72
75
Consol
6,400
,
preferred—:
82 ya
Nov
5
Consol
1,700
r>
17% Apr
1% Jun
,
Consolidated. Cigar———No. par
7% preferred..^.—_—
100
10
Dec
42 Vt
H% Juiv 21
29
12'% Apr
No par
.
500
100
6%
25
Congoleum-Nairn Inc———No par
Consol Aircraft Corp.—
1
2,900
;
i
6%
Co
Conde Nast Pub Inc~_
,,
45/a
*13/4
Edison
43%
7'A May 12.
asa Jun 26:
22
4%
0
30
100% Mar 17
——No par
100
13
,
series
$ per share
Dec
7
74
8
9l'/a Apr
20'A Jan
1
.
Jan
2
Jan
'16% Jan,'
__No par
—No par
900
133/s
..
i
$6 preferred
4,700
90
2
*13/4
'•
.
10
78
73/4
*7%
1,900
16'%'
*93/4
%
.
2
16%
*76%
..90
88%
7%
*i%
23/4
4%
-%
;
24
100
'35
ser
22
oVb Jan
<■
—10
preferred/
pf
54
3
.
Highest
$ per share
45% Jan
Mar 16:
par
Credit—,—
conv
17
par
Commercial Solvents——No par
Commonwealth & Southern—No par
10,100
V
15'/a
10%
90.
3,200
•
19%
*2%
13%
9Q%
>;§
*
.
7%
*1%
5%
*5%
%
*7%
t
14%
78
'
«v
7%
193/a
17
10
90
A
.
$4.25
13A Jan
Apr
par
Year 1941
Lowest
$ per share
28
32
No
Comm'l Invest Trust
,
Apr
32 'A Apr
x
Range for Previous
Lots
Highest
51
—No
preferred
conv
1 '/a
100
No
;
'
100
22%
23/4
*76
4,900
'
-
Co
Pictures
Commercial
100-Share
100
Carbon
conv
4 '/4 %
8%
15%
16%
77
*87%
*1%
*15
10%
*76
193/4
3,«.uv/
26%
22
preferred—
$2.75
of
$ per share
par
preferred series A__
Columbia
'
110
8%
A
.
14%
90
26%
*100
8%
No
z
6%
500
Basis
Lowest
5%
Columbian
4 po0
J/8
1003/4
A
14%
*87%
8
27%
105
300
31
*97
On
Columbia Gas & Elec
4U0
4. J.
Range Since January 1
STOCK
Par
20
73
<"7%
8 3%
.
24
*17%
*10%
34
41 78
YORK
EXCHANGE
4,400
34%
*29%
1003/4
105
„
8%
•
A
<'
19%
*97
110
8%
19%
2
26%
8%
24
24
100%
*105
105%
8%
<?»
Tff
*97
26%
*105
8%
19%
2%
100%
l'/a
34
Vb
NEW
Shares
34
30
21
26%
23%
19%
*2
30
203/4
*97
per share
*71%
8
30
20%
107
r
•
24%
*1%
30
20%
8%
sY
24%
8%
30
100%
26%
110
*8%
7%
35
73
20%
the Week
1%
34
73
30
20%
100%
8%
7%
7%
*29
20%
.20%
74
S
Sales for
July 24
1%
*34
34%
:
Friday
share
per
73%
*34
*72
Monday, July 27, 1942
10 %
Sep
12
24*
Deo
29%
Jan
3
80
Deo
00
Jun
3
Aug
42%
Feb
47% Mar
173A Jan
14
14%
Dm
20
July
D
*3%
3%
19%
*17%
*3%
•*17%
9%
9%
*107%
108%
*9
3%
3%
*3%
3%
*3%
*17'%
18%
i
18%
*17%
18%
*17%
9%
107%
*3%
.
107%
*9
9%
*107%
109%
9
9
♦107%
3%
*3%
3%
18%
*17%
18'A
-
9
9
*9
109%
*107%
109%
53/4
5%
53/«
9'A
21%
21%
2,500
Deere
&
*27%
27%
600
11%
100
83/4
83A
4,100
Delaware
3%
3%
2,100
Delaware
Lack & Western—... ..50
%
3/a
100
IDenv &
R G West
5%
22%
23
*27%
27%
22%
27%
27%
27%
27%
27%
11%
11%
27%
*27%
27%
11%
*10%
11%
11%
8%
8%
*10a/4
11%
*10%
8%
3%
*3%
3%
*%
A
15%
3%
*%
15%
15%
*17
18
*17
*22
23%
*22%
*37%
38%
38%
*7%
8
*18%
80%
19%
80%
*80
38%
*%
15%
8
11%
11%
*59
*115
11%
60
*59
115%
114%
14%
*13%
*13%
*4
4%
11%
■119%
9%
*9%
*122%
123%
*122%
119
*115%
*25
26
25%
'
*3'/a
134
*172
*30
*12%
33%
41
83/4
22%
'
,
19%
*79
8
19%
19%
34%
22%
22%
22%
11
115%
115%
115%
113
*14
14%
14
*4
4%
9%
*9%
9%
*120
120%'
123%
123%
118
25%
26
4
-
124
124
*123%
118
25%
116
24
125
25%
100
Dunhill
9%
23%
3%
*3%
33/s
3%
3%
135%
*1333/4
135%
133
172
173
*1
—,
*1
l'/a
*31%
32
*22
2
50
*13/4
*48
2
*49
*51
1
*1
l'/a
23 Vb
21
32
22
*45%
1
46%
111
%
2
48%
53
°fff
see
11%
*
53
54%
footnotes
27%
11%
*110
50
52
■J3
27%
11%
22
46'A
page
319.
1
22%
*19%
31%
*21
1%
1%
22%
21
46
110
*l3/4
*49
51
49
Eastern Airlines Inc
Rolling
Mills
Eastman Kodak
...
600
2,300
Electric
Auto-Lite
11'A
400
Electric
Boat.
1%
1
1
31%
19 3A
31%
22%
100
El
45%
200
Endicott Johnson Corp—
32
22%
*44%
111
*109
1%
47%:
52
111
*1%
48
10
48
*42
XL
900
1%
A
Paso
5%
Natural Gas
9
6
105
Aug
3%
Jan
10% July
117
Jan
2
136%
Deo
7
120%
Feb
127
Deo
9
111% July
118
Mayj
Apr
17
2
24
Mar 28 '
20% Jan
2
2
16
July
27% Jan
3% July
3
9
24
7
176
Jan
13
160
Apr
31% Jan
6
27
Dec
Jan
21
120% May
14%
34
Dec
Jan
15
164'% Jan
May
1%
141
9
173A
Sep
182% Jan
36% Jan
10
Dec
l3/a Jun
2
13/a Jan
17% Sep'
33'% Jan
17% Jan
Dec
5
%
Jan
8
%
Dec
35% Jan 23
27%
Feb
39% Nov
323/4 Jan 23
23%
Feb
36% Nov
% Aug
,
% Jan
No par
No par
3
2
17 % Apr
15
Apr
27
23
29
Jan
2
No par
No par
40
3
26% Feb
18
213/4
Dec
33
Mar 10
39%
Feb
47%
49
28
66
30
47% Apr 25
A Feb 21
73
Jan
5
83
Jan
17
% Jan
5
Apr
46 Vb Apr
,
43%
32% Mar
5
50
Jan
5% Jan
145%
Feb
273/4 July
13% Jan
3% Jan
Equitable Office Bldg—:
Jan
Jan
A Feb
No par
No par
6
Deo
17
l%Apr 17
$5% preferred—Z
79
1413% Jan
23% Jun
Dec
20
Public Service—......1
$6 preferred
2%
Jun
11
$5 preferred——
100
4% July
10
119% Jun
111% Apr
~Io
V4
28
100
preferred
Dec
Sep
19% Apr 24
393/4 Apr 27
107 3/a Feb 16
300
53
°
$6 preferred
Elec Storage Battery..:
Engineers
50
*50%
53
100
59%
Jan
17% July
117
Elec & Mus Ind Am shares
193/4
...
23%
Dec
Dec
10% July
.
Electric Power & Light—a—.No par
$7 preferred
No par.
20
6
Oct
May
12 ®/a
26
May 16
xll% May 28
3
400
1,000
70% Jan
17
126% Jan
163/4 Apr
2'A Jan
.
.4
300
22
453/4
3
}|
22
*203/4
5
l'A
22%
31%
*203/4
*50%
,
J!
(The)
x9%
37%
144
..5
26%
11%
22% July 16
133/a Jun
6
Jan
Dec
Mar 14
111%
~2
26%
323%
18% Jan
18% Nov
1023% May 20
120
Apr 24
.170
1%
22%
i-20
100
11%
86
May
13
12
ylll%
8
preferred—.—i
Eaton Manufacturing Co..
26%
*1%
Dec
7
Feb
Jan
3
26,
108
cum
65
9
36
3
Feb
No par
"6%
19% July 23
80 3/a July 18
15% Jan
Jan
i.5
10% Jan
124% Jan
8
Jan
6% Apr
12% May
9
112
T
(N J)
26%
*48
%
(E I) & Co
13%
*11
23% Apr
9
29
par
$4.50 preferred——
No par
Duquesne Light 5% 1st pfd
100
Eastern
14
100
;
*12%
47%
51
%
30
Du P de Nem
—_1
—No
Apr
13 Vb Mar
Edison Bros Stores Inc.—
20
30
No par
International
13%
*13/4
52
53
.
30
Mfg Co.—
*12%
*109
2
*47
30
100
1,400
*171%
Dow Chemical Co
Duplan Corp
8% preferred
2,3no
3'A
134
453/4
22%
46
110
*171%
*193/4
31%
53
*51
A
*1
48%
*49
'A
13%
27
1
*31%
111
30
11%
*19%
23
*45'A
*110
r
23
23
21
30
*12%
27
.
l'/a
-
23
46
24
*3
1343/4
„
May 21
Apr
4'%
134%
-
51
95
*33/4
500
5
No par
——No par
Dresser
5,400
7
73% July 17
32% May 7
16% Apr 23
Douglas Aircraft—i
500
100
125
par
Mar
Jan
9% Feb
.
8
1,100
*123
—No
A
16%
70
par
No par
14'%
*116
No
„No par
59'%
115% 116%
Co.—
21
7% July 15
Doehler Die Casting Co
Dome Mines Ltd—
112'%
*120
117%
Class
*9%
9%
*116%
253/4
800
2,300
"
119%
*115%
11%
2
Corp-Seagr's Ltd——No par
pref with warrants
.100
Dixie-Vortex
1113/4
*120
118
5%
40
22
*14
4
*9%
34'%
11%
14
4%
Distil
300
*58%
113
14%
1,700
300
22
59%
Diamond T Motor Car Co.
8%
*33%
11
59
19'A
80
*83/4
Match—„——,—No par
.,25
partic preferred.—
6%
1,700
8
*79
8%
*33%
38
*7%
81
*83/4
34%
22%.
38
*3 Vb
*19%
32
47 %
*33%
38
*7%
80%
ll3/4
*1%
38
8
83/4
*11%
111
*7%
80%
13%
23
For
Deo
30%
1
*51
33
30%
23%
*49
38% July 20
38
193/a
*12%
21
*
24
38
193/8
13%
*22%
*45'/4
23 V* Apr
20% Sep
29% Jan
30%
*193/4
*110
33% Apr
263%
l'A
*22
Deo
26%
11%
313/4
21
*12%
l'A
1
Dec
12% Deo
19
13%
113%
16%
27
30%
27
7
Jan
30%
27
18% Jan
27% Jan
11%
*172
2
5
603/4
*115%
,
14% Apr
July
6% Aug
% Aug
28
134%
_
Sep
Apr
3%
•
Feb
A
Jan
133%
*172
14
2%
% Jan 27
18
*3%
7
Deo
28
4% Jan 27
23
14
11%
253%
..20
Jan
Devoe & Raynolds A——.—No par
133%
134
it
Diamond
59%
119%
119
6
2% May 21
Sep
210
*9%
123%
*115%
18% Jan
10 3/a Jan
2
283%
30% Aug
Dec
400
*120
120%
Jan
Feb
Apr
0%
16'A
*4
*120
7
Feb
23'%
11%
9%
"119%
27
11% Feb 20
15%
115%
119%
*9%
*118%
18%
27
Jan
*22%
593/4
4%
14
29
114
16%
*13»/4
14%
.100
pfd—. .100
Edison.
Detroit
24% Jan
109% July
23%
34%
11%
116
6%
29
Oct
5
25'A May 12
9% Apr 25
..10
—..
8% Jan
Sep
Sep
*16
8%
*59
*4
1
Hudson
8
*22%
-
22%
61
8,300
tt
Jan
10
4% Apr
18% Apr
par
..20
—
11%
17
80
*8
*33%
22%
16
—No
—
110
18
Apr
223/4
19%
80
8%
35%
15%
Co—
Preferred
Deisel-Wemmer-Gilbert
16
5%
Deo
6%
17
8
19 V*
81
*7%
1
iff
16
Inc.—...—... ...1
Mar
Deo
14%
•
223/4
38%
'
34%
-
102
2%
17% July 9
11% Jan 19
17%'
*7%
8%
'
Dayton Pow & Lt 4%%
4
22%
38%
19%
35%
22%
3%
A
15%
22%
*7%
22%
3%
»y4
15%
*17
24
*34%
*22%
3%
*y4
18
.
3%
83/4
15%
16
*7%
19%
3%
A
93%
.100
Records
5%
22%
8%
pfd
Decca
5%
22%
8%
17
1,000
5%
22%
8%
7
83/4 Apr
5%
5%
22%
8%
2% Apt
15% Jan
...1
...
5%
5%
8%
3%
.25
(The)
Co.
10
22%
22
Chemical
109 %
22%
♦11
Davison
*107%
*5%
*11
Davega Stores Corp
Conv 5%
preferred
500
Jan
30
26%
Dec
107% Nov
2%
Dec
Jan
34% Aug
July
Sep
113
Oct
7
Jan
64%
Deo
69
Dec
74%
Dec
80% Apr
83% July
89% July
A Nov
% Jan
m»<
"Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4C93
313
NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES
Saturday,
Monday;
I
July 18
:$ per shate
6%
6
;
*2 Ma
*4%
*22%
*M«
,1
•
*31%
32 Ms
>21%", 21%,
'
*"6%
,:
*2
»/a
6%
>-
•
6%.
6Vb
t
•
6%
6%
'
8%v
<2%
,
,
;
2%....
4%
*4%
4MB
22 Ms
22 Ma
22%
*2 Ms
-
2%
*2Ms
4%';
*22
-
22
2^,900
*31 Ms
,132 Ma
31%,''.31%
'•
21%
*5%
■>
*%
■
6 Ma
21 Ma
.
7-
,
:
33
32 Ms
*6
\<
.33
...
.21
22
'XI
,
*32 Ms.
.
.
32%;
21Va
*74
*74 >
20%
*20%;
*SH/4 ;
3%
3 Ma
9M.
10
*5%
*99 Mi >
*«
500
■Si 99 Mi ;
99 %
(
*90
100%
35 i
11
*90
31/2
3 Me
*30 M4 -34
;
■
33
33
V
*6 »/4
*16Me
/
987/8
99 %
*90?
•
.
20 Ms
20.
500
'(>
No par
>
19
v
Fidel Phen Fire ,Ins;N
*19
20>"
3%
:// .3%
•3%
*30 Mi
32
*10%
10%
lOMs
10%
128
*125
17 Va
*16
6%
■
.
33 Ma
33 Ma
.
>.
10
*9%
32Mb
31 Mi
10%
10%
17
"125
Ma
6
*41
*16%
18
*17
18
*16%
18
98 7/e
*87 Me
97
*87 Mi
98%
*87 Mi
98%
2Mb
2Mb
1,-200
C
500
,.
6
86
11
Jan
19
41% Jan
3
7% Apr 21
/
29% Apr 29
8M4 Apr 23
13% Jan
3
Foster-Wheeler
Nov
12%
Dec
18%
Jan
;
99Ma July 11
90
Dec
31 Me May
May 14
96 Ma Jan
15
15
Mar 27
20
Jan
18
Apr 21
May 22
21% Feb
-10
No par
114
Jun
Jun
Co—
27
Co_—
18
98%
5%
Trailer
conv
1
preferred
33%
Jan
Dec
25 Me
Apr
3 Me
Jan
Deo
13M2
July 18
24
May
32%
Sep
26
9
Me Deo
20 Me
Jan
134% Feb 21
105
Feb
33
12% Jan
?
Jan
132
Jan
9
Deo
46
Jan
17% July 14
10 Mi Feb
7
"*2 Me
45
36
41
19
32 Ma May
18
Dec
93%
09
May 27
3
38% Jan
15Ma Apr 24
85 Ma Apr 10
100
Dec
17 Me
Nov
Dec
Apr 29
__10
16%
5
103
9
3
Freeport Sulphur
6
Jan 30
13
Mar
July
Dec
7
5
5
40
Jan
16 Ma
35
.11%
May 28
16
./an
42%
Dec
28
._25
105
Dec
98
21
Mar 14
9 Mi Apr
,
Jun
Mar 21
27%
8M«
5 Ma Jan 13
36% Mar 19
10
Francioco Sugar Co__„—No par
F'k'n Simon & Co Inc 7% pfd—100
2,660
-
Sep
13
86
/
Sep
45%
6
9
Sep
Jan
16
8V4 Dec
3
Feb
Jan
97 Me
Deo
11% Apr
3
4 Me
27%
Dec
Feb
39% Feb
30
Jan
12
Feb 19
2
—10
100
Jan
26Me July
14Me
18 Ma July 15
29% Apr 30
.
M&r
34 Me
11
87 Ms Apr ,27
9 Mi Jan
Jan
100
4
par
preferred
45 Ma
May
/
7
16
Jan
247/a Mar
13
Jan
Inc——„—1;
Food Machinery; Corp——
10
prior
Deo
90
Jan 31
24 Va Jan
Me
Dec
6%
.10% Feb 10
;
Mar 12
Fruehauf
800
33%
"*87Mi
Corp.—
preferred—,
93
Jun 30
15
Jan
303/e Jan
,•
16%, Jun
4 Mi Feb
bFcod Fair Stores
6%
6 Ma
*17
No
Steel
conv
32
5
18Va Jan
—No par
$7 conv preferred.
53
-33%
33 Ms
33%
33%
300
17 Ms
*6
53
• 5%
8 Vi Jan
87
Apr
3
preferred.—No par
Follahsbee
128
*16
6
*41
6 Ms
.
,
31M4 >
10%
400
10
128
53
*41
3%
33Ms
*16
17%
*6
53
*3 Ma
*30 Mi
*125
128
*16
6%
>41
.3 Ma
16
29% Jan 29
11% Apr 28
10
—
Dec
77
f
$2.50;
Florence- Stove Coj
3 Me
8Me Jan
Dec
37 Mi Jan
„
42 Me Nov
Dec
i\
Aug
7% Aug
.;
,
Deo
4
211/4
100
Sons CoJ.-j.-jNo par
Florsheim Shoe class A
10%
....
300
lMa
Mar 24
•
par
6% preferred series; A——_100
First National Stores——No par
Fllntkote Co (The)—_j—j—No par
$4.50
;.
32
Ma
,
22
10
32 Ma
/
1
33 Ma
•
*30%
34
20
*19
18
*87 Me
100%
100
1,100
12
.10
Dec
Dec
19% Dec
8% Dec
2 Mi Apr
14% Dec
/ Firestone Tire & Rubber
400
/
11 Me
*90
22
3%
33 Me
99 Me
2,100
Dec
2%
13 May 28
22
8
Enamel Corp—1
Ferro
4V4
5% Feb 24
Highest
it per share
share
30%
27
2% Jun
X73 Ma May 14
20
Apr 18
No par
;
Jun
20
Jan
26
Jun .30
6
S per
6% July 22
May 20.
U Jan 23
277/a Apr 28
■,
Fajardo Sug Co of Pr Rlco——-20;
Federal Motor Truck
7 Ma Jan
44
1 Ma Jan
2
4Ma Apr 24
—$2,50
Filenes (Wm)
.
2
20
/ Federated Dept Stores—i.. - No
s
4 Mie/« conv preferred—
2,200
>32%*'"32% >'
.
20%
22
32 Ms
33M^2
99%
.
17»/b
11
*19
32%
-
17Ms
100%
10
6 Me
99 %
32%.
*20
34
*125
'
11
*90.
100%
*9%
'
.
11
11 Ma </
9 Ma
17%
>16 Me
18
>87%
>■'//::
37%
1/36%:
17%;■
.32.%
..
22
*31/2
53
33
33 Me
17.%.,;
>
35
9%
6 '/e
*41
53
>33%
400
2
--5
Light $ Traction.——.-.-15
1
$8 preferred
—~~xNo par
Federal Min ds Smelt Co—
2
V Federal-Mogul Corp.-————5;
100
:;
r
78
4
Federal
>6Me- ;.l4"./.'.v/i
20
*30»/e
'
128
*16
6 Ma
*41
.
10%
*125
17%
*16
100
L
3 Ms
-
*8%
..
r
.14
99 Ms '
li:
.
33 "
.:.
*10 Ma
128
*125
9
38%
,
*6%
.
9%
*9 MB.
:
10%
>10%
:
'
34
:
> ioo%'
*19
3 Ma
•'■
*30 Me
:
9%
32%
8MB
30
.
14.:.
18 Ma
>32Ma
11
19 Ms
19 Va
22
■:
99 Va
99 Ma >'
-
.*90
100%
*19 Ma
:
■
*3 VV
*76
300
.
lOMs
.
>13%" .> 4%
i
4
:7ft>>/;
.
17%
18
*99M4
11
*19
22
'*9»/4
38 Mi
*6Mi
'.
*32% ■> 33.:
'*
.
11
*19 Ma o 19 Ms
,
?. 37%
14\ ■'
17%.
99 Vi\
*32%
11 Me
*3%
;*7«
: .9'Ax. ?i
*8%
>
.17%
*19
!
•;
5«'«
:
.21'
>9%
4% Jun
Year 1941
Lowest
Highest
J per share
share
3% Jan
Range for Previous
100-Share Lots
,
32 Mi Jun
»_5
Co*—
Fairbanks Morse & Co-_*.
:
,
77
*20 Ms
3 Ms
'..14%
'*
*74
;
.
.10
*3V<»
■
78
*76
38V4
*0%,
14
17%
*11
r
3%
14
>14%
77
10
Cleaner«,i-,
Products
Corp
Exchange puffet Corp-
800
.
$ per
■
>32%-''35>.
r
79
X 37%
37 Ms
;37Vi
••
17%
17 s
*76
>V
10
*3 M»
9%
*9
■
:
-■'*9%
>14'>V, 14% * ;•/
;
*74..
...20%, .20%
*.20M» ? ,20%' .M
:
.
>3% >-.3%
■
■
14 Va
>77>U;,
*74 ■;
■■
.
79 I.>
37 y4
14
;
77':: >
/201B'
*9Mt/iff:
1!
3%
*3 Mi
"*14
9 M.
:
37 Mi
*74.
.
,*20 Ma
9%
<14 /■ • 14
*75 •
79
■
79 ;>i
•79
•
20%
•
Vacuum
Evans
v>
>*6/>..:• '7::;',
7,...v
**Par
1
Basis of
Lowest
■
Ex-Cell-0
"
<
Eureka
400
.
*20Ms
.
.21M4
.
*6..
//
300
.23
1
*%
13
*21Mi
>
-
%.-■<
32
f
-
21 Ms
*6
•
■*
;•
On
,:■./.'
x~No par
Ctfs of benef Int-,—.par
5% pref series
100
v
300
.
j 4%
*22 MB
Range Since January 1
■
EXCHANGE-
lErle RR common
1,900
■%%
•
4%:
;
Ma
'
•■■','
3,900
6 Mi
39
*
NEW YORK STOCK
'
a
Shares
6 Ms
6 V«
38 Ms
4%
22%
6%
«V»
38%
-38%.
for
the Week
$ per share
6 Ms
6 Mi
t.
38%-39
'-
*4%
1
\2i%i:
0 7 Ms
6%
6%
$ per share
share
Sales
Friday
•July 24
'
*3/e
■
'
July 22
i per
*
! 38%
..
J 2 Ms1
4%
23 % ;
i
22%
6Mi 1
>
i
37%
2«A
:
■
4%
.22%
:
6
6
38
6%
v.
:
37%
2%
»
..*4%.
6%
6
37%
:
•
S per share
v.
■
STOCKS
Thursday
July 23
Wednesday
>
July 21.
t per share
6%
6 ' '
'
Tuesday
July 20
Jan
3
94% Jan 28
Feb
May
July
23 Me July
Deo
Aug
G
'
*2
*
*2
2MB
1 Ma
lMi
l3/4
10
*9%
18%
*2%
2%
*7 Ma
7%
*18
2%
2 Ma
2
1,200
1Mb
*9 Ma
18%
17
2Mb
*2%
2%
*2%
2 Me
7%
*7 Va
7%>
*7 Mb
7%.;
*9%
10
18 Ma
18 Ma
18%
*2%
2%
2Mb
*7 Va
7%
*7 Ve
1Mb
1Mb
1Mb
*9
v
50%
105
*35 Ma
*4%
/
*4 Ma ,''•■ 4 Me
97/s
4Me-
4 Mo
97/a
*9 Ma
:"
4Me
105
*36
38
18%
112
*2M4
3
4 Mi
•
*112
=
4%
>
4Ma
*112
114'A
*2%
3 Ma
2Va
2%
7 Mb
*
4 Me
•
7M»-
114%
*2%
.
'•
4Mb
*112
3
.»:■
.
4Mb
2 Ma
•
*2 Ma •/•
2%
2%
2%
7%
•
7 Ma
2 Ma
2 Ma
7Mb
:
.
,7Ma
700
Gar Wood Industries Inc
C Ma %
;
1,400
7 Ma ':
'
"
81
■:*767/b
"*751/4
81
T
>18 !
127
*125
;
*125
-
27
•
27 Ma
'.271/4
*31%
>.'• *75 Me'
>18
18 M«
19
:
;*18
/ ■;
■■
31%
.
126%
-
>125
•
80
32
.>
>18
126'A.
26%
32
*757/b
19
.
27 Ve
•
31%
■
•
■
27%
;
*125.
2Mb
2Mb
*7 Me
7Va
80
*73 Ma
79 Va
*18
19
■
126 Va
*125
27
26 %
32,
.32%,
*2 Ma
.
"
32%
32%
2%
7
1,000
"
.;
Gen
;■
SOO
18 Ma
1
>125
126 Ma
,
26Va
-32%
*114 M»' 120
120
>
*71
78
*79
81%
J':
f 114 Ma 120
%-
1
*71
'115
>6
•
;
*116 Ma
120
v%
■13
*71
■76;
•
■■■> %•
.'
31%
76
beneral
19,600
81
80
'
200
•129 Ms
131%
*129 Ms
38Ma
39 Me
.
*80
81 Ms
123%,
38%
39%-
v
80%
,,
80
*129%
.
'
•
1317/a.;.
39 M»-
129%
39 Ms."
*129%
129 Ma
39 Ma
39 Ma
-
,129 Ma
130
300
129Ms
50
38%
18,300
127%/127%
>16
16
1,000
.38%
•
-
*126%' 127% :
127
*18%
19
>18%
19
•
*120% 127 MS','
.
18 Ms
;
-
126%
i8M$;
*18
2%
-*2
*1262
126%"
127
16
20
18 %
Apr
7Ma
Apr
12
Dec
23
8
21
Jan
20
3 Mb Jan
5
3
15
2 Ma
17 "
13
52 Va Jan
22
5M4 Jan
■
12% July
537/b May
4
Apr
5
101
Jun
4 Me
39 Mb
July
'8
Jan
115
28
2
4
20
Mar
127
Jan
25
Apr 29
122
200
Gen
Outdoor Adv A—No
122 "
par
Cohimon—No
par
Jan
Jan
Feb
97
Sep
Dec
22
Oct
118
Deo
130 Va
Apr
24%
Dec
35Ma
Jan
33%
5 :
'40% Jan. 5
116 Mb July 24
1 Me Jan
Feb,
-
112 *A
Jan
3
131% Feb
10
39 7/b July 14
2 V
Apr
10"
•
.
>
r
Jan
3
3 Mb Jan
6
28%
104
-
Sep
132 Me
Jan
48%
Jan
•
Dec
27 Ma
Nov
Nov
91
Dec
121 Ma
;
1%
Jan
78 V* July
125
Dec
127Mb July 24/
30
Jan
V* Jan
38
9
83
Jan
Jan
42% /Sep
117Me Aug
5
.
15
102
July 23,
16
Mar
6 Mb
16
.
16
28Mb Jan
16
Apr
;.
5
157/b
.
'
23% Apr ,24
" 30
7 Me Jan
July
144
Dec
73i/a
2 '
!
Deo
14
90 Ve Feb
Jan
Dec
63/e
Jan
9 Mi Jan
Sep
55
Dec
2Ma
Oct
104-
Dec
.
15
3
5 Me
/
Dec
3 Ma
20 '
33A Jan
Mar
•
Deo
Jan
16
119
% May 13
61
Mar 25
64% Apr 29
preferred——--100
8
'8%
15
16
15
20
Apr
Apr
May
Apr
>
47Ma
Jan
104
11
29
2
Sep
Nov
Sep
5M« Mar
Apr
46 Me Feb
25
Jun
2%
2Me
Dec
6
7 Ma Apr
1'
10 Me Feb 20 s
22
111 Mi Apr 29
General. Motors Cprp—„!10
! $5 preferred-^-!—-No par '
'
*126
5%
•
"
38Mb" 39Ma
Deo
lVe
3
Jan
•
80
SOV*
x
—No par
$6 conv preferred series A_No par
General Mills—No par
76
'
>79
1MB
3 '
11
21Ma Apr '28
Gen Gas is Electria A!
16
*71
•
Electric' Co—-No par
700
3^400
2
4
Apr 28
2 Mi
67/s
' 72
16%
120
cum
23
2% Jun 10
^
General Foods CorpNo par,
$4.50 preferred.—
No par'
Vq
'8
•
-
76
106
par
16.
'
%
••
*71
-4——No
116 Ma
116'
121
Mb
■
71.
/ 81.
.
/
preferred——
^^100
General Cigar Inc
No par
7% preferred-100
'
*114 Ma
Amer
7%
26®/b
x31%
-
5
preferred——_-_50
conv
Class A—„—
600
71/e
*18
27
1
10
$8 preferred
—_No par
General Bronze Corp——^_i^._5
General Cable Corp—-4.—No par
;
-
par
Transportation
—_5
General Baking!
—-——5
500
791/8
,
No
2Mb Feb
23/a Jan
8
lMa Jun
8% Apr
16
May
2MaJuly
6% Apr
8 Ma Apr
51
Feb
3% Apr
98
Mar
35 Ma Jun
3% Jan
Gen Amer Investors———No par
50
..
*73 %
126 %
26%
>
.
1% Jan
•
$6 preferred———No par /
/ 1,100
2Me
■
(The)
preferred
Gaylord Container Corp—
100
v
114%
2 Me
Co
5%
4Me
114'A
2Mb
19
''
*7»A
cl A—No par
1
(Robert)—:—-
Gamewell
'
>"
Inc
preferred__l-—_1.——-_20
500
/■
•/ /,-
37
4Mb
v
1141/2 >
*113 Ma
3
' '■■/
•
105
36 Ma
41/4
4%
114% "
3
-'
4 Me
■
*101
37
6%
50%
4 M'e
105
•
37
v
97/a
*49
"
"
112 >
.
*101
37 Me
*9 MB
'50 Ma
4 Me
105
37 Me
97/a
*9Ma
*49
4%
*101
:>■
9 Mb
50 Ma
*49
•:
43/e
*101
37
36%
*4 Ma
•
50'A
305
*100
.
37
-
*9
*49
50 Ma
*4'9
43/4
*4%
*100
10
*9
10
; *49
'
:
Co
(The)
•
•
"
/•
Gair
97/b
*17 Me
Gabriel Co
1,500
2
//• 1Mb
♦lMa
*18 Ma
7%
"
*2
10
1M«
9 Mt
2%
•
•
1Mb
I8M0
*7 Ma
>
2 Va
*9%
1%
10
*9%
*17 Me
*2 '
2Mb
Dec
127Ma
.
Aug
48 ;
Mar
:
'
*1%
> 2 Ma
*12%
.12%
;
':}■ *1%
2 MB
12%
12%
•
'
lrt
1'
,12
;
'
*100
4
%
12%
104 >/4
*
A
;
.•
%
.
*%
%
'•
-*25-
-.
26 Ms
*l(j '/4
16:%
*16 V4
*9 Ma
10
*9 Va
9%
9 Ms
61 Ma
61 Vis
62
14 Me
14%
26%
*25
*25
;
16% •16%
,
63
•
12
26
16
Ms
Precision
900
4Ma
Gen Public Service——!——_ 10c
103
12%
.12%
M
104
*103
1,000
Gen
20
•
Railway Signal———No
preferred——!———100
Realty & Utilities————_-l
$6 pref opt div series--—No par :
?,
*^8
26 Vis
•25 %
25 Mt
100
15%
-15%
400
General Refractories——
*9 M4
9Va
100
.
1,900
•
9%
63%
62
62
60%
61%
290
Gen Steel Cast $6
14 Ma
14
14
14
14
700
53/e Jan 31
;
General
preferred—No par
" Sep
4%
Jan
% jan
4Mb
7%
Jan
105 Ma May
110 Ma
Nov
»Y Nov
Ma
-3
x9
Dec
.
Jan
12Ma Feb
5
Dec
16Mb
Jan
5
98 Me
Jun
106 Ma
Jan
% Jun
18
Me
Nov
28 Ma May
9
18 Me
Apr.
25
Dec
19 Me Jan
5
14
Dec
29 Ma
Jan
Feb
7
8Mb
Dec
11 Ma
Jan
79% Jan
Apr 23
Mi Mar 26
23
Mar 11
14% Apr 28
8 Mi May 27
55M4 Jun 12
No par
'
107% Jun
101
,
■3
July 22
109% May 13
2
19
46 Ma
Jan
80 Ma
Sep
16
Dec
24
Aug
10 Ma Apr 27
Gen
6 2 Ma
•
A Jan
?
General Shoe Corp—!————1
*15%' 16.
*9M4
9%
%
1
13 Ma
10% Mar 11
4
Jun
4
103
July 18 '
par
6%
*9 %
9,%-
1% May 13
Equip Corp
General Printing Ink—
—1
$6 preferred—--—-No par
1,000
J (f
*25
16
16%
63
«V3
3-
Gen
300
.'4
*101 Ma
103
17.
*25
28%
>: 62%
:
M
iT«t
13
3a
12
"
■*%
A
100
?%
13
4
103
.12 Mi.
104
*103
*V/a
12%
:
4
1
*101% 103
103
f«
*12
12%
104
*103
2
■
12%
13%
4MB
*101 Ma
.
lit
12 la
•
4
.!'
a
',4
14
12
104
*11%
*103 •
"
:i
2
2 Ma
'
13 Ma
*101'/a- 103
•'
»
13
■4 x
■■
103
'
%
;
13
.
4%
*101 Mi
103
s
t>
•
*4Ma-
:;
•4%
*4
*101 Mi
•*1%
■
10
Me July
'"
."
*12
12%
*12
*10 Me
3%
3%
3!%
52%
52%
*4Ve
4%
>
*104
10%
3%
53 %
52%
5? M?
4%
» :
4%
>
12 Ma
*12
It
11 Me
3 Mb
53
12
106
.
.
106
11
12
*104
12%
"■*104
106
11
3%:
.4%
53
12 Ma
106
10 M«
3:'»
*14
■
12%
*104
10%;
'
14%
••
*12
•
;
108
10%
10%
*14
12 Ma
;
*104
103
*104
14%
*14
>3 M«
*3%
53 ■' /
■".
4 Me
53
53
>
3Ta
4%
v
*4 Me
•
w;
4 Me
4 Ma
1
Gillette Safety Razor———No
$5 conv preferred-!——No
900
4Mb
*4 Mb
General
3,300
54
*53
>
1,100
3 Me
3%
'
^
300
11
*10 Me
•300
'
14%
*14 Ma
39 Ma
'*37
55i
*51
55
*50 Ma
,
*51 Va
■•
14 MV
>:14%
*52
53
*14V!
14 Mi
*39%
-
3!) Ma
39 Va
•
40
-
>
*39
53
*52
14M4
14 Va
14%
14%
14 Me
40
*39
53
*5J. Ma
53
14»/2
:
1,200
Glidden Co
4Ma9i
(The)
conv
Jan.
16
Ma Jan 16
13
Dec
22
Jun
110
24
102
Mar
112
Deo
par
3
par
x40Mo
4
50
- 12 Ma
37%
No. par
preferred—
20
11
May 21
105
Jun 15
71/2 Jan 12
5
Co
Gimbel Brothers-.——!——No par
$6 preferred
—No par
100
40
*39
40
Rubber
Tire &
5.
,13 Ma Mar 30
Telephone Corp
—>20
Gen Time Instru Corp——No par
6% preferred——--——'100
.—50
Feb
6Ma
11 Me July 22
14% July
Dec
6
2 Ma May
Mar 31
53 Mb July 20
34 Ma May
Apr 28
5% Jan 20
Jan
Apr
4s/a
60
54
9 Mb
Feb
2.
15-
Mar
17
11
Deo
44
Feb
4
35
Dec
65 Ma Jan
4
,
Jan
4Mb
Dec
2
May
Jan
4
2
27
74Mb
..
Sep
Dec
Sep
Oct
17%- Sep
46
Jan
'
>:?3
.
*75
*2%'
74%
*68'/a
.
;
f
>7%
'
{>v4%
rv
'7 Me
.
:
7 Mi
7%
7 Mi
.
*
17
21
21
231/2
135 Ma
-
23 Va
135%
60
*50
16%
17
21 Ma
12 Ma
12 Me
12 Ma
11 Mo
11
,10 Ma
81%
3
80
•
.
2%
*24
25
*20 Ma
21
*20 Ma
*31 Vis
32
32
12
7%/
7
>7%
*
6
1,300
'/ 7%
*7
,
300
29%
29%
23
23
*16%
17
"16%
16%
16%
16%
900
21%
21 Ma
21 Mi
21%
2334
23 MB
23 y8
21%
23
Ma
*135 Me
135%
*51
22 V4
*23
23 Me
135 Ma
136
32 Me
.
135Va
32 Ma
12%
136
*135'A
.
v.
3,300
900
11
.
12 !
.
10%
2
Ma
*11,
v..
!
*10 Ma
*2Ve
*78
80
3
*11
11%
10 Ma
2%
60
*32-
33
1,700
12 Ma
4,700
11 Ma
,
25 Ma
21
*19%
21
32
*31 Ma
32
*12
12%
*12
12
"10 Mb
25 Ma
:
12%.
,
.
11%
*11%
.
10 Me
2Mb
25
$5
Preferred
,
Graham-Paige Motors—^-—--1
Granby Consol M S & P_—5
Grand Union w'div
Granite
10
>2
21/4'79
.
3
*-77
3
25
24%
10
2%
8
73 Me July 22
183/e: July 22
"
.
2
60 Ms Jan
2 '
"1% Jan '20
Jan
,82
.
,
par
par
Grant (W T)
5Me>
Gr Nor Iron
Ore
Great Northern
Great
10-
Co_„
preferred—
i20
—
Prop——No par
preferred——No par
Western Sugar—-—No
Preferred
Greyhound Corp (The)
5M2 %
par
—100
Green Bay & West RR—
Green (H L) Co Inc_
"
78
2
4Ma Jan
•
,
2
8
$5
—
20 Me
Sep
90
Jan
Jun
Va
3%
No
No
•
Dec
•
Dec
13% Jan
Dec
123/4
28
Dec
36 Ma
Jan.
3
23
Mar
25 ye
Jan
2
12%, Dec
18%
Nov
25% Feb 27
*
13
Feb
18% Dec
28 Ma July
28
Jan
28
July
14
135
Dec
144 Ma
Aug
Mar
Me Jan 27
143
Jan
19%
4
54
9% May
10'A Apr 25.
12 Me. Feb
11Mb July 16
14Mb Jan
6
2
2Ma Jun
3% Jan 29
Jun
2
10 Me
l'/e
13
Jun
Dec
Feb
Jan
,
Sep
.14%, Sep
UMa Apr,
18Ma
Sep.
3 Ma July
55
Dec
81M2 Jun
30
Jan
24
1% Feb
4 Me
Aug
29 Ma Jan
24
9
Feb
23 Mb
Dec
3
18
107/a
Dec
36%
29Ma May
48% Jan
Jan
Jan
3
par
Jan
6 Ma
33% Jan
par,
Nov
5
Apr 24
Mar 3i
6%
14
July 22
25
10.
68 Me
1Mb Jan
Dec
1
Oct
3 Me July
Jun
1
25
1
—
preferred—
74Me
Deo
Apr
Corp——_J l:
Sugar———No par
preferred
100
Gulf Mobile & Ohio RR—
Dec
52
;_10
NOV
Dec
July 16
No par.
Sep
Jan
2 1Mb
10
54
1
donv preferred
Jan
91
31
1% May 22
1,900
.9
2Me
2Mb
.
59
50
9 Ma May 20
2,600
Apr
100
Guantanamo
3
UMa
42
Grumman Aircraft
8%
Dec
17 Me Apr
Apr 21
700
20
Dec
25
-
22% Apr 28 '
130
2
8 Me Jan
6
19% Jun 22
Feb
5% Jan
■
Mar. 3
Apr 25
'
22Ma May, 4
23
July 23
,14% Jun 19
.6
July 24
1
.
^6
July
2
80
" 3 Me July 22
7
1% Jan
x58
•
400
79
25%
ctf.s-_>—No
City Steel——--'—No
4
,
H
'
'
_100
Jan '
20 Me July 22
2
IOM4 Jan
.
preferred
—No par
Hosiery——-—No par
conv
Go'.ham
500
,12%
2 Ma
3
3
25
.
:
*77
80
*31.1/2
12
>
Jan ;
56
5 % preferred
No par
Goodyear Tire & Rubb—.—No par
120
*51
32i/i
32
12 Ve
,
1,300
GO
*51
60
J3
.
;
Deo
U Jan 30
: 2Mb Jan 29
'82
Feb 13
.
No par
„-
400
3
32,
123
:■
300
"
30
25.
".
21
*12
*7
u
rv4%
?
H%
23
60
*78
3
27/«
25
*24
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V
29%
23%
10%
*2Ve
10 Va.
2 Ma
700
'
11
80
*10 '/a
2%
4,900
-1,700
23
12 Ve.
-
10 Ma
•*2Ve
-7%'
7
„>%
s
30 MB
12 Me
.
%
23 %
32%
11
8'.."
3
78
1 / V4 Jun ,15
1% Jun ,20
> 74
Apr '30
1
Co_—'100
—
Gold <& Stock Telegraph
Goodrich Co (B F)
100
30 Ma
32 Me
,
i'7%
7'
3
78
6,700
.
-W-l
/(Adolf)—
Goebeh Brewing Co
'
%
'4%:
86
*22 Ms
32Mb
.
-
3 V'u
500
18
17%
*81
77
...77. ;
;
11,900
73
73
18%
85
3%
76
>%'
.
12 Me
32
*2Ta
*23
*51
60
*51
17%.
19 Va
18%
72-Vt
72%
4>4%
22
135 Ma
136
"
19%
*81
Gobel
4,000
85
17 Va
-
21%
23%
*23
*135 Ma
31 Me
*79
v.*
■
18%
,
3QMa
*16%
21
r
*23
73 M4
'
1
i
*76
.
23 Ms
29%
29%
23 Ma
313/e
*11
7%
7%
23 Va
23 Me
16Mb
7%.
*7
19
•
i%' '1%
1%
85
*76
20 V4
%
;
4 Vis
*29'4
30
23 Ve
76
*1:^
1%
85
86
3 Mb
■
•
* 4%
.
'
*29 %
3 %
75
!.'
4 Ms"
7M4
18 Ma
*81
%
4 Ms
7 Ms
1
*67/a
73 Mt
72 Mt
13%
2Vu
.
19 Ma
86
,74 Mr?"
"
•*%.>4%
%'
J8
74%
1%
*75
19%
*79,%
v
2%
*2 MV
,-2-%
.*68%
72
17%.
82
v
1%:
85
19%
71 Ms
17%
'
82
:
.
82
•17%
17%
*79
•
*75
:
hi
'
;
>1%
19 Mt
71 Ms
72%
>71 M»,
85
19 Va
19 Va
19%
■
*75
85
,
1%
*1%
.
6S
•'a
* if-
1%
/
*9
:
,
10
*08100
For
footnotes
*9
100
page
319,
•
*9"
10
*98 Ms
see
21
••
*98 Ms
*9
10
100
.
.>98 Ma
*19 "Ma
*31%
Mi
*19%
32
*31 Ma
11 Vis
*11
8%
10
100
11%
22
'<■
9
*98%
100
8 Ma
'
21
100
Hackensack
Water_i——
—
32
10
-12
200
Hall
500
Hamilton Watch Co—-—, —No
8%
*98 Ms >00
7%
preferred class A_,
Printing Co—
.
'
6%
preferred—-.
!
-25
25
10
par:
_100
19% May 21.
Apr 11
29
8% Mar 16
25
33
Feb
Jan
11
5
12% July 17
.8
Jun 25
10% Feb
6
95
Mar 11
106 Me Feb
7
33
Jan
Feb
38
Mar
8 Ma
Dec
16Mb
8%
Dec
15
Jan
Dec
108
July
23 Me
Dec
33
102
Jan
J1
FINANCIAL CHRONICLE
THE COMMERCIAL &
314
Tuesday
July 18
July 21
July 28
*125
130
*125
*3 To
4
*3%
89
*83%
89
*6%
*147 TV
150
*147%
11%
11%
*11
11%
60%
60%
*60
61%
129
*128%
*38%
43
*38
43
*89%
92%
*09%
92 TV
"
43
*89TV
92 TV
*12
13%
*14%
15%
*14'/4
23 V*
*23
24
'
*111%
*111%
34%
*34
35%
,
9 TV
9%
9%
104
*102%
*2 To
3
*2 To
3%
32%
32%
33%
*32%
•
35
34%
....
33 TV
104%
3
'3
76
Jun
5
Dec
9
-
1%
27
72
Apr
:Vl2%
Mar 21
.
>
6
-
6
Jan
168
July
Apr
Dec
16%
Dec
12%
115
Jan
*
16%
Dec
13%
Oct
56% Jan
Jun
12%
,
Jan
80% July
132%
Dec
99 Va
July 21
6% Jun
I
Sep
Dec
33%
5
14% July 23
Sep
Jan
65%
24
Jan
8%
123% May
X
13% Jan
.<
2
3%
06
96
.10%
2
May 21
44
July 9
102% Jan 12
Mar 11
11
14% Jan
-—10
Jan
Feb
Dec
150
28
132
51
Deo
50Va
12% Feb 24
10% Apr .28
5
Feb
158
125
Feb
9
30% Mar .5
79
Mar 13
Co—,.10
—
4
May
141% Apr
J00 "
-2
TV
12.50
TV
5%
100
B'—;.—,——No
400
%
Howe Sound
100
33
*32
32%
Hudson
Co
Jan
Jan
Apr
96
par
May
100
preferred-
i—
Houston.Oil of Texas v Let
200
v
111%
22%
.
27
8%
30%
Household Finance--——_-No par'
900
:
3
*2%
.
Class
700
9%
107
13% May 26 f
Feb 27
.——100
Houdaille-Hershey cl A——No par
300
38%
38%
*103
*%
preferred—
Homestake Mining—
1,300
35
*9 TV
'
9%
39
107
32%
33%
*32 TV
33%
2
--
6
19
45
Jan
101
6% Feb 19
58
July 13
HOlly Sugar Corp—_——No par
1,000
34%
34%
*103%
104%
3
t
Dec
1% Jan
25
(Del)
6%
Dec
93% Jan
—No par
(A)
3%
92
4
2
Jan
25% Jan
149% Feb
24
Thei_—>—i——1,"
<C E)
Furnace
2
106%
Dec
.Jan
140
% Jun
V——t—No par
Hollander & Sons
100
c
7%
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9%
104 Va
*2%
6%
15
14%
34%
39
39
Holland
*111V2
.
35 TV
9%
9 TV
38%
Hires Co
700
1,000
4% Feb
Dec
12%
19
10
Dec
Sep
18% Aug
.
30% Jan
J
5%
9% July
Dec
9
Feb
107%
Apr
"
:
34%
TV
MotorsV
100
17
; Jan
May 12
8%Jun 25
May 21
4% May
cum
Hinde & Dauch Paper
12%
34TV
34%
9%
*103
104
*101%
35%
39
*38 To
38
38
38
'
%
6%"
Jan
16% Jan
79% Apr
1
preferred
1
100
Hershey Chocolate—
i—.„JVo par
$4 conv preferred——.—No par.
100
23%
*6Va
14%
*111%
34%
35
■'»
.14% :„
23%
6%
*6 TV
\
Jan
104
Highest
I per share
share
per
2
—
——1
;
Hercules Powder—
*12
*14
'
(G
Hercules
-
Year 1941
?
25
Co„
Corp„
W)_—
500
92%
23%
*14
14%
Helme
43
14%
23 V*
*111%
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14Va
....
6%
*6%
*14
14%
35 Va
*
34%
*34
9%
*9%
*37%
24
Glass
Products
500
*88 To
-
12%
*12
14%
*23%
*111%
•
35%
34%
34%
*13%
6%
*6 TV
*14
14
14
14
Va
6
TV
6
6 TV
*6%
*13%
24
*12
15 Va
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15%
23
*12
12%
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24
13%
*14
92%
Corp——1.
Hecker
30
Range for Previous
Lowest
%
88
11%
129
43
7
29
Preferred
*37%
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.
92%
Mar
Hazel-Atlas
400
*128%
*88%
43
146
61 %
*60%
60%
123
2
150
11%
11%
*128 '/a
29
Apr
Hayes Mfg
200
1,800
59
*147%
150
60%
61%
129
,92%
,
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11%
11 Va
11%
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*38
*38
•
55
*147%
150
*128%
129
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129
55
56'
55%
2.100
5
To
20
Apr
.
93 TV
*4
1
$ per share
,
Apr
(MA) Co $5 pfd
No par
98
Refrac——No par
12%
preferred.;——-—,—100 ; x 126,
Hat Corp of Amer class A—_—_1
,
3%
6 % °/o
preferred
-100
80
Hayes Industries Inc—i
—1
5%
v
1%
*91
5
Mondays-July 2If 1942
Lots
.Highest
$ per share
6%
7%
*1%
1V4
91%
5
5
57
11
129
95
5
5
*1%
91%
1%
1%
100-Share
Harbison-Walk
4
*6%
of
Lowest
;
..
Hanna
400
:
89
*83%
7%
*6%
7%.
*91%
61 %
11
*60%
*3 TV
4
89
95
5
150
*147%
150
*147 V»
*3 %
*83%
*55 TV
57
*55%
57
4
89
1%
1%
5
5
5
4 To
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*3%
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8
*90
95
*90
91
c-
*6%
1%
1 TV
1TV
i%
91
CO CO
8
*•6%
7%
*6%
4
89
*3 To
4
*88 %
13 To
130
*125
Range Since January
On Basis
STOCK
Par
60
99
13%
14%
130
'125
YORK
EXCHANGE V
Shares
share
99
99
*13 To
14%
130
*125
$ per
NEW
the Week
July 21
share
per
*98
99
*13%
14 TV
130
*125
130
$
share
*98
99
*13%
14%
*13%
14%
*08
100
*98 %
100
14 %
share
per
July 22
$ per
f per shart
Sales for
Friday
Thursday
July 20
t
STOCKS
AND HIGH SALE PRICES
Wednesday
LOW
Monday
v
RECORD
NEW YORK STOCK
Saturday
I
29
105
24
30
20
a:
30%
29
Dec
24
5
15
16% Aug
115
Dec
7%
%
Oct
52%
Jan
39
y
Jan
13%
Dec
Jan
20
36
Dec
64
Jan
Jan 26
44
1
-
100
Aug
111
Jan
5
July
Jan
3% Jan
14
2%
Dec
2
34% Feb
3
26%
Apr
2
29% May
5
.
3
2
i
,2% Apr
>.25.
——
Mar 21
18% Jan
115
Feb
38% Feb
34% July
10% Jan
•'
% Feb
2
A
Dec
1%
Dec
3%
Jan
15% May
2% Dec
21%
Sep
.
,
37%
Jan
"
%
3%
*2%
19 3a
*3%
4 TV
%'
■TV
*2%
*19%
*%
■*
-Vi
4
30
37«
3-'t.
6%
"■
%
1
*3%
"■■'
*
1
6%
3 TV
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3%
18%
18%
18%
3%
3%
*3%
4
%
V.
19
4
%
.
%
1 :i
•
—:
-■•
■
: n
lif
1 :i
.100
No par
Min & Sm Ltd-,
Hudson Motor Car—No
400
:
2 1 Jan
par:.;
2
4
Jan
12
16% Apr 17
21
Feb
6
2
% 3:% Jan
tHupp Motor Car Corp—.1.'
1,500
'Hi
'
Hud Bay
2,100
% Jan
Manhattan———100
&
preferred^.
5%
*2%
-18%
3 Va
19
4
'
%
%
*2%
19
4
-
*
3 V4
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To
6%
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19
18%;
iil
6%
*
2 :
-
V 4% Apr
2
& Jan
■
%
1% Apr 13
V*
\
*
35
*34
*34%
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3%
3%
11%
*11%
11%
*6%
7%
*6%
7%
24%
24 TV
24%
24%
*23%
86
86
*81
155
10 TV
*5%
65%
6
*19%
108
108
*106
10%
■
48%
49
*161%
r»
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7%
-142 - '
143 %
*163 Va
168
164%
;"
:
7
7% ;
7%
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:
46
*2%
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26%
.
26 Va
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2%
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,
'
"
133
10
10
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10
*43
27%
.
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*43
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-
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.
27%
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7S/8
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*88 %
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90
90
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27
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131%
UVb
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t
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9%
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26%
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International
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200
!
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-
1
26
300
10
26
■
Corp-t—---I-. .—No par-
Island Crepk Coal—i;-$6 preferred-—I—
107
9
14
•
151% Jan
5
140
Feb
4
52
166
July
V
Jan
12% Jan
9
1
9
1
*
May.
150
6%
July
170;
4
Jun
Jan
;
Apr
3
31
<
•
46% Jan
39
May 20
3
Jan' 2
88% Apr
.7% Apr
29
24% Apr
29
127
-
9
May
25% Feb1'
95 ;
Jan
•
Feb
32% Jan
.
87
12
.
'5V4
7
7
2
Feb
20
Jan
■
1
2%
48%
49
Oct
3%
Oct
Sep '
Sep
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98
Sep
Feb
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134% Aug
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)
6%
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25%
96Va
57To
*125% 128 „
20 Va
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57%
*68% ' 69%
8
8
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' 56
*6TV
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96%''
57%
58
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'
128
20%
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20%
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:
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;
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56% 56%
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57 % 57%
69
69
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96% ■ 96%
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.
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56 Va 56%,
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- 20
20
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69
69
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'
600
Jarvis (W B) Co„ —.——wl, :
5%
800 1 Jewel Tea Co Inc—V-—-—-No par
18%
100 •
4TV% preferred—100
- 85
5,600 • Johns Manville—__No par
;*■ 50%
•
V
'
V '
4,200
300
' v 300
::
200
Jan 2
8 Mar 2
May 15
33% Jan '5
May- 4
107% Jan 6
May 15
62% Mar 4
.
Preferred
-——--100.
122 Jan 9 xl26% Jun 16
Jones & .Laughlin Steel—_^_No par
, 17% May 20
24% Jan 3
5 % pref- series A-.
i——100
54% May- 1
64 Jan 6
5%' pref series B conv—100 -V 61 - May 20
79%-Jan 3
Joy Mfg Co————1
,
8 Apr 28 •
11 - Jan 20
.
•
'
,
5% Dec
14
31?a
107%
49TV
122
16%
, 59
Dec ' ^ 44
Dec
111%
Dec
< 71%
Nov 1 • 128
Dec • ' 27%
Oct 67
1 64% Dec
86%
8% Deo '14
1
Jan
Jan
Dec
Sep
Feb
July
Aug
July
Sep
K
*9%
"4
*18%
*7%
■
*18%
7%
90
*89
8%
*8%
100
12%
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6%
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105
103
*4%
4%
20
4
9TV
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19
8%
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90
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12%
6%
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*90
95
12%
6%
11%
TV
*6%
634
*103
105
30%
30%
30 TV
30%
30%
30%
*13%
14%
13%
13%
*13%
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*24%
25 TV
25 Va
*23%
2
*1%
34
34
19%
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*
3
2 TV
22
22
26%
26%
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TV
34
19 TV
19 V*
1
*26%
22
34%
19
•
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3
*2%
22
*1%
2
34%.
;
26%
2%
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1 TV
13%
13%
20%
21
20 3V
20%
.
13%
16%
2
18%
*1%
1%
35%
.
35%
35 TV
19%
19%
100
*9
22%
*18%
2%
1
13%
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TV
3
•'*
140
.
;
^
900
-
10%
10%
*10%
11%
»10%
10%
29%
*29 TV
30%
*29%
30
13%
13%
13%
13%
13%
13%
800
9%
9%
9%
*9%
9%
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9%
300
22%
*22 Va
23%
1,200
18 TV
300
22 %
19 V4
107
2%
22%
19 Vt
*105
2%
1
1 Va
14
13%
20%
20%
13%
*13%
13%
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20 3 4
*20%
21%
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25 V4
25 TV
25%
25 TV
25 TV
25%
43o
4%
4%
4%
*4%
4%
19%
107
2%
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14
18%
2%
1 Vo
13 TV
20%
20 V4
13%
*13%
22
21
24%
25 Va
24
4%
4%
23
22%
18 TV
18%
107
107
TV
4%
2%
1% '
13%
21
13*8
*105
,
2%
1
13%
20%
107
2%
30
30
180
2,400
1 TV
1,100
13%
5,000
20%
2,100
13%
100
22
22
22
900
24%
23%
24
5,600
4%
4%
*13%
4%
2,300
1
Kresge Dept Stotes——-1-——
-
_
ts S) Co———I———.-10
Kresge
-t
*'
2,000
;
Kinney jO R) Co„
—_——1
-, $5, prior preferred—L—i—No par
1,600
,
V
29%
20%
19%
-
r
1
Kress (S H) ■& Co:r—'—-i—No parKyoger Grocery^& Bak——-No par
Laclede
5%
Gas Lt
Co St Louis
100
(The)——No par
Lane Bryant—-i—.—1-^V-No par^
Lee Rubber"& Tire—
5
Lehigh Portland fcement——25,
4% conv preferred1——100
fLehigh Valley RR——
50
Lehigh Valley Coal-No par
6%' conv preferred—
50
LamberVCo
Lehman' torp (The)
V
1
T_5
Lerner Stores Corp
i--—No par
Libbey Owens Ford GJ—
*-v-No par
Libby McNeill & Libby—
7
—
Lehn & Fink Prod Corp_
May
4% Dec
9% Dec
100
Mar
6Va Dec
100%JJan 13
8% May 12
100
95
May 19
6
7
20
3
15
3
5
5
9
23
<2
5
-
■
"-V104TV Jan"
Dec
•
,
FebDec
Dec.
Dec
llVa Feb 17
17V* Jan
18% May 29
July 13
2% Jun 2
% May 25
8% Jan
7
,
9
■ 10%
9%.July 22
7 ,
23VaJuly24,
14%
23TV Jan 9
.
19V*
113
Jan 16" '107%
4
Jan 26
1%
1% Jan 20
%
14% July 15
2%
14
July
9'^xl9
17% Apr 17
11% Apr 24
18
Apr 29
21% Feb
20VaJan
26% July 6
5% Jan 20 '
4
5
Mar 12
14
July 16
22
Jun. 8
11%
18TV
19%
3TV
?
Dec
Dec
Dec'
Dec
Dec
Apr
Jan
Jan
Mar
> 14% July
38
Jan
3% July,
40Va July
26 TV Sep
•' 5% Sep
- 28% Aug
297% Jan-
17% Sep
45% July
Dec
Jan
Dec
Apr
Dec
Jan
Feb
Feb
Aug
39% July
•
-
5% Feb
30V*Feb 18
9
121%
" 18 *
8%
-106
1% Dec •
23Vi Feb
21 '.Dec
,
2% Feb '.
«x22VVMar
: 24
Feb
7% Apr 29
lllVJan
2
8% Mar 17 ,
15% Apr 15 '
105
•
•
•
4% Dec
V 98%
30%
11%
25
121% Mar
6
Aug
22% Aug
14% Aug
•
9% Dec
J2% Mar 16
' 7% Apr
12% Jan
xll6!/a:Jun
2
Dec
13% Dec
21% Apr 24
»
.-100
preferred
9% July 9
120V* Mar 3
4% Jan 27
22
Jan 27
11% Feb 6
105W Jan
26% Jun ' 2
;37TV Jan
11% Apr ; 9
;14% July
24% Jun 25
29
Jan
-l%Jan- 5,
2% Feb
33
Jan
9
40% Feb
17 : Mar 31 :
22% Jan
214 Jun -15
3% Jan
10% May 7 - 27 - Jan:
22 Va Apr .29
29%'Jan
100
Keystone Steel & W Co—'—-No par
Kimberl^-ClarkJ-—'——No par
'•
—
12
*13%
319.
34%
.
Kenhecott Copper^_i_——i_No par
12,400
1,000
Apr 17
May 18
Jan - 7
93VaJuly 23
10'A Apr 24
4% Jan 9 "
6
85 !
7
Kendall Co $5 pt pfd A—>—No par
-
.
13%
13%
page
;
■
31
21
see
26
27
13%
footnotes
*24%
26
*26%
21
For
13%
26%
107
1 TV
*13%
-*1%
35
19
'
!
293V
13%
26%
9 TV
2%
2
30
30%
*24-%
1
10
26%
9V4
13%
25%
2
^
100
.
Dept Stores^—»
coriv preferred—_-i_—100
Kayser (J) & Go_— V—;
J—5Keith-Aloee-Orpheum preferred-100
fCelsey Hayes Wh'l conv .cl A__—_1
1
Class-BV——-——
__1
200
>
26%
9%
1TV
*24%
•
!
105
-13%
14
35
*103
26%
*9 TV
*2%
3
•
6%
105
"29%
30%
*13%
•
6%;
*103
-
200
preferred
Feb 10
Mar 17 •
2% Jan 2
16
May 26
5%
400
26%
*11
13 To
19 TV
105
,
4%
Kauf-mann
>
20
11%
63a y 6%
3
*29%
TV
2
34%
30%
6%
'
•
100
11%
'22
13 3, V
19
*92
®2Va
12%
22%
11%
300
.'.
10
8%
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31
106
93 Va
*11%
3%
Kan City P & L
..Kansas City Southern
1,000
'
7TV
5
117
-10
pf ser B—l_No par:
No par
Kalamazoo Stove & Furn—.
1
—
89
22 V*
*11
22%
•93%
12
8%
20%
*2
*13%
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-8%
95
*89
22
*29%
106
*8%
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.
■;
3 Va
12%
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7
90
22%
133b
22%
-
200
3,500
4%
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29%
106
7
*89
7%
90
"•
-
,
22%
13 Va
*18%
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.
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29 TV
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4%
20%- 20 TV
~
20%
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—
4%
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9%
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*ll3a
106
*121%
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,
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103
103
20
7%
94
94
*11%
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90
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19
7%
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4
9%
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v
:
Oct,
14
Feb
1
-Oct
3%
'
'
Sep
26 Va Dec
124,f; Mar
6
Jan 20
-
Sep
73% jun
104
1% Dec
4
July
Sep
.
49
'
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"1 % Dec"- ."
2
.
"i
131'
31%' Jan
-
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9% Jan
132
Apr 18
26 '
May 19
95
17
.
Feb f B
3 TV Jun
•
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31%
•
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.
102
May1
;.
-.
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"10%: Feb
51% Dec
>;
••1% Apr32% May
38% Feb
13
32 -
*
;
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125V
30
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7
2
:23!
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6
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,
4
July 16
15% Jan " 5
'6% Jun ;29
1
Jan
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11
Jun
May
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t
60% Jan T 5
.
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13% Nov
.
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July 20
28% Feb
135
3
-
;
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57"
.
7% July 13
'46
11% Jan
-167%
% Dec
*
.
Dec
8
Feb
Dec
42 T4; Dec
'/
19
,
July
3%
Jan
7% Sep
27
Sep
113% Jan
1
Dec
-0
1% Jan ! 2
,
-
.
94
1
—i-_„ 100
T
3
Jan
8
jan
Jan
13 TV
*
Feb
,
Jan
161 4
90 Va
Dec
t
10% Jan
111%
*
Sep
Dec
6
Mar 14
,
39
Intertype
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TV
41
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Dec
■
19
Mar 25
'
preferred^—_2IV- ——1—100.
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5
1
V 8% July
1
46 Va Jun -24
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TV
8%
14
27
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.29% Juljr
.
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03
6% Feb
111% Feb
21
Feb
154 4
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126% Jan
Paper- Co_ ——--15
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4
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10
Apr
85
12
Va.Feb
4% Aug
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5
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45% May
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8
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74
24% Apr 29
1
-
International, ShoeitV—V —No par
International SilverVVl— —_—_50
..
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157
100
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7
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Dec
2
4
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% Jan
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28
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3% May-29
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-
27
Apr 24
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par
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28
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50
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12,200
9%
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-
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J
2%
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137
2%
'
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400
26
135
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36
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135
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20 V*
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46
45%
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-
164 %
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7%
,
....
,
164 TV
900
6,600.
27
8
42
5% Apr 29
5% May-20
109% Mar 10
- :40
Apr 24
Preferjrpd 2——100 J *147
May 6
.
Jan
18% Jan
!xl9% July123'.
;>103 / Apr 1 7
Interlake;Jron_--__iV-.i—V—No pat
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f
140
140
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153
54 v
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preferred^—V-i--.V-6---V--100
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3,800 V
;
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^
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10
130
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6% Jun
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1,400
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4
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108
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142 Va
165%
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48 Va "
*162
168
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6%
48%
48%
48%'
168
'•
" 142
142
142%
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#
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143
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8
10%
5%
107
107
109
7%
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6%
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7
.
64
-
LNo par
;—_10
Indianapolis P & L Co___
5«/. jan> 2
13
May 13
32% Jan
2
series A———1000
Indian
r
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63
See 'ctfs
500
600
85
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64%
5%
10%
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20 TV
20
-
108
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7
7%
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20
20
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V
100'
200
.
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130
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64
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155
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15
15;
15
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7
6%
•
Nov
""T,
6%
6 TV
% Jan
1
„
14% Sep
13
Aug
,
27% July
26% Oct
116% Jan
5% Aug
2% July
14% Sep
24V* Sept
HVa Nov
27% Sep
45% Jan
7% Jan
,
THE COMMERCIAL & FINANCIAL
.Volume 156'' Number 4093
1
l5
v
CHRONICLE
!
1
NEW YORK STOCK RECORD
LOW AND
'
'
Monday
Tuesday
July 20
Saturday
July 21
July 18'
$ per
.
IUGH SALE PRICES
$ per
share
$ per
share
STOCKS
Wednesday
Thursday
July 22
$ per s!t<ire
share
$ per
Sales for
Friday
July 23
July 24
share
$
NEW
the Week
Range Since January 1
Basis of 100-Share Lots
STOCK
Lowest
' '
*
30
63
*28%
63 %
63%
168'/a
175
*20'/2
22
29%
63%
.
*169%
63%
63%
63%
*169%
175
29%
63%
170%
170 Va
*18
*28%
63
*170%
62
.62
62%
63%
173
*18
*169%
22
*24%
25%
25%
25%
*24%
25%
*24%
24%
31%
31%
31%
30%
30%
30%
30%
^30
30%.
10%
*10
10%
*13
10%
13%
13%
10%
*10
24%
17
41%
14
13%
24%
30 Va
-13%:
17
17%
17%
17%
16%
16%
41%.
42
42
42%
41%"
42%
35%;
41%
35%.
.
14
35%
36
36
35%;
35%
17
41%
36 1
v
14
3a%
600
10%
100
300
35%
;3%
3 %
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3%
41%
•
3%
•
18
17
15
14%
140
140
14
*13%
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•
65%
•
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14
14
:
65%
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:
18
.
141
*13%
66
/
15%
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141
,
18
v
15%
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14
17%
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15%
15%
140
'
i
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17'%
,
14 Va
140
15%
18
,,-..*_yo
65
Loose-Wilps
20
14
.7%
V
500
i
iLQUiaville'
.
-i
,
"
.
'
'
•'
*•
175
16
32% Feb
Jan
-
15% Jan
37
24% Jan
98
Jan
Jun
189
Jan
Dec
21
Jun
Dec
30
Jan
37%
Jan
17V4
x20%
x29
42% Jun
4 V4 Jan
18% Feb
Apr
Apr
31%
28 '<
8
15'
Mar J3
May
39%
Oct
Apr
45 Va
July
Dec
3%
Dec
100
58
2
15% Apr
Sep
"
13%
Jan
12%
Dec
142%
Dec
162
149
9
.
Jun
1%
' Jan 30
8
18% Jan
Mar 30
11% Apr
••
35
15% July 22
11% Apr 29
128
Jan
13% July
16% Jan
24
27
Jan
19 %
28
2% Mar
Dec
13
5
42% Jan
May
9 V»
6
2
16
■f
<
96%
174
3
Jan
.
!
Deo
Nov
July 15
11% May- 1
14% May 20
■
39
64%
21
11
2
:
Highest
$ per share
Nov
64 V4
4
34
23
9% Jan
31% Jun
par
;
5
23
-.10
:wl_No
12
74% Jan
22% Jun
'
400
Nashville
&
32 Va
19V4 Jun
I
--'-25
,
Co_„i__'
preferred—
Louisville. Gas & El A
900
.64%
.
Biscuit.
Lorillard (P)
4,100 ;;
'
,
'
•'
64%
:
1,100
;
;
3
73% Jan
25% May 21
par
Lone ,Star. Cement Corp_„—„No pqr
Long- Bell Lumber A
;
l„No par
'
300
,
140
13%
M-
'
;'15%
15%
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14 %
-r 65
65%
65%
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15%
140
14
Loew^ Inc_
1,300
Jan
16% Apr 14
i
$ per share
6
•
•
Lowest
Jan
-
'- Liquid Carbonic \Corp_i—»__2Vo par
1 Lockheed Aircraft Corp
i__
l-1
4,500
/
13
164 % Apr
•
-
18
15%
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100
Link Belt
^.n__lVo par
Lion 'Oil Refining Co__T__„_lVo
par
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«
'
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42
'
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3%'
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/ 3,%
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16%
Mar
50% Apr 18
50% Apr 29
-
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par
•
:
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5
3%
13%
16%
i25
Lily Tulip Cup Gorppar
J
"
13%"
' 13%
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.
17
41%
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33
-25
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Preferred
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,
:
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t
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Series B
*
100
.
22
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io%
Liggett & Myers Tobacco-,1
1,800
'
24%
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Life Savers Corp__^
400
S'per share
Par
*
•
173'•
*18
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;
100
30
63%
63 %
22
*
28%,
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63%
22
28%
63
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175
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63'/a
63%
63%
63%
,
63%
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29
'$ per share
Year 1041
Highest
20
'
,
*28%
Range for Previous
On
EXCHANGE
Shares
per share
YORK
l
Jan
23% Jan
Sep
19%
Jan
Jan
15
Dec
22
60
26
76%
19
Feb
74% NOV
-Sep
■
1
'
'
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16%
16%
,
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—
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29%
29%
29%
,
29%
29%
29
29%
29%
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,.
1,200
Mack Trucks Inc——No par
Macy CR ij) Co:inc_^_^2_—iNo p«r
,,,
•
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19
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•
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169
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/
169 v
39%
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79 Va
82 -S
10%
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19%
•
103
18%
18%
/
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•2%
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33%
l
y
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7,100
:
1.660
:
1,900
;
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20%
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29 %
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19 '
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82
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162
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33
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12--/
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12 MM
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400
;
12
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v
105 % -105%
,
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100
5%
100
5 % %
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.
104
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72
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104
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72
62%
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104
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72
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28
66%
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.
5%
19
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101
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42
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28
110
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.
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24 Va
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Mar.
6
28
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500
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320
26%
•
300
28
'
100
Mengel Co
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27
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28
5%
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19
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^ *
19
101 1
7' *-27 V2
15%
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101
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7
41%
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110
42
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*
19
;7
Mid-Continent Petroleum—.— 10
800
15%
18
V4
•
/
19
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101
62
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111
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62
2
11%
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%
•
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i't *14%
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--
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15
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75'/a
.
117
V
11%
117
11%
-
*115%
123:
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42
111
2
..
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61 Vz
*11
11%
*107%
109
*108%
'
/
•
UV4
-Midland Steel Prod_.
/
900
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8 '/o
-30%
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cum
r
20
109
15
15
76 V2
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conv
preferred
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v
%
75
-117
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;>
76 M
--117
$6.50
800
30%
117
108%
'
109
109
29%
"■•
V
preferred—
Mission
1.000
/1,100
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17
*37
38
'
38-
16%
7%
7%
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11%
-11%
11%
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62
59
16%
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57 Vz
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57%
33%
*32%
*37
i;:
>
160
V
—No
par
$4.50
Chemical
V
;
9
103
14
5%
Dec
8%
Sep
Jan
5
101%
Apr
109 %
Jan
71% Feb
4
5
Dec
108
77
Mar 24
series
B_i
70% Mar
82
July
Aug
Oct
6 Va
Dec
26% Mar 24
21%
Feb
29V4
Sep
29% Jan
15
14
Feb
30% Jan
16
24
; Dec
7 Vb Jan
14
'
'3''
54
2
5% Mar 23
1
8,700
-
-•
-
7%
*11-
■
.-
24
'
Morrell
880
-
7% V
11%
-7'7 24,-.
400
Vi
*58%
-*14J/4
.
;7 58%
%": ■';-;2% ■■*;
14%
60
:7V *2%
Morris
—No> par
■Motor
300
.'
60
v&%,V
58
5%
33%
: 5 v4
*33
-14%
*58
58 V2
5%
•-•
58%
100
400
5% '
5%.
*33
33 Vz
141/2 '
58% /
33 Vz
17
Dec
24
par
Jan
Jan
Jan
Dec
A
52
'
Dec
79% July
9%
Feb
15%
Mar
Jan
16
,;7
45
.
91
%
Oct
1
:
July 11..
Dec
12%
Dec
Jan
7
77
Feb
117% Feb
10
112
Mai-
119
Mar
16
115
Mar
110% Jan
6
May 15
8 :
112
31% Jun
108%
4%
Oct
1
Jan
Oct
July
3%
Aug
17%
Aug
Sep
94
118%
Sep
123
Aug
Jun
113%
Oct
39%
Jan
4
24%
Dec
42% Mar 12
23% Apr: 24-
i_50
45 Vz
Dec
26
Jan
125
%
% Jan
37
38 %
1
.67 '
May 1
102% Apr: 28
v
,
105%
42
115
—No-par
Jan
17 Va July
13
3% Jan
.121/4 Feb. 27 /
t
Jan
9%
1101/2 July 20
2% Apr
35%
Dec
43%
Jan
29% Mar 25
21%
Dec
30 %
Aug
12
Jan
:
15
15% July 23
:
:
6% Jan.
2
8% Apr
2
5%
Dec
9% Apr
23
42 l/4 Jan
30
,9%
Dec
17,%
Jan
20% Jun
1
25% Jan
20
Dec
3V4 Jan
20
18% May
1% Dec
24%
2% May 21
Co„
Feb
4
50
Jan
•11% Jan:
(F E)
14
107% Apr
Apr
37
Mar
2
Myers
33% V
*33
1
13
2
—No par
Munsingwear Inc
Murphy Co (G C)_^
—No par:
Murray Corp of America-
'
5
i'a Jan
■
30%
Dec
Jan
1% Jan
2
63
7
6
5% Jan
20
30VzJun
2
39% Feb
7
49;
& Bro_——. —No par
46
6
2
t
14% July 24
69% Jan
4% Jan
—
2,200
4%
.
23 »/4 Jan
8% Apr. 28
Mullins Mfg Co class B—/ I-—Z—1
/ $7
preferred.,———. —No par
■/./ 50.
'
14%
5'/4
'
Brass
Dec
19
Corp——. .—No par
i-5
Corp,——
Wheel
.16
12-
57% Jun: 26
par
Essex.
&
Mueller
;
200 ;«*
*57%
'
-
60
& Co__
17
'
Dec
Motor Products
t,
700
r-
(J)
28
May 18
May
9% July
71
Jan
Nov
66
Nov
33%
Feb
32
86
110:
110
271/4 May
3 Va Feb
:'72H
103% Jan
par
—No
preferred series C
Montg Ward & Co Inc^„. —No
Dec
34
—10
—No
_
Sep
30
71/4 Jan
42% Mar 26
V
Sep
15%
108% Jan
102% July 14
V
37%
% Dec
2
1:
Jan
9% July
Dec
30
;
:
20:
Co
preferred^—
$4
c
39
-'
15%- 15%
7%
•VMlVa'vl.TVa*''
*24 W- 24%/
11%-
*2%
*14%
57%
26%
12% Mar 23.
xl07% May 19
1 % May 21
preferred series A— —iioo
Preferred
50
V
30% J
7 %
Monsanto
40
'
5%
5%
7%
•
24%
*57%
57%-
16
Nov
25%
Dec
881/4 Apr
•
—10
'•Mohawk Carpet. Mills,
1,600
^
"
14%
14%
58%
*14%.
11%
*24
39
•
'7. 15% .,15%
16%
59
:
*14%
*56%
,
*37
*7%
2%
*2%
38
*37
"
16%
7%
*16%
.341/4 Jun
Aug
109%
Dec:
6
35 % Jan
par
_No;par
—1
Corp
Mo-Kan-Texas RR—
■
300
'75:".;..:
•
29%
30%
v
2J/z-'V'
15
-
; 7
75
: *1151/4
;
117 '-;. 117 ;.r.v.
109
30%
:7' :
''I1
16 Va
-J 00
■
'
.38
*37
Feb
13%
2
Apr.
12 '/a Mar
parv
preferred series C-.,——100
Moline Power ImpI—.
Minn
100 ,V
1114 t
.
/
:
—100
L-»__-No
pfd series B/__.
.
*11
2%
14%.14%-'•
123
30%
30%
%
1 Ve
76
v
123:-;;;
;
103%
28
Apr. 15
5/
Jan
6.
Feb
8
24
24'A Apr
-
4% %
v
200
61 >'.'■■
•
7
._No
—
Minn-Honeywell Regu
—1 vt
1
;
2 J/4
*59%
,•-
-
2%
% .v-v-%
*115
*108%
109
s30% %
30
.
14%
76
*116
123
■
2%
*115
*115%
.
:::
-2%
75%
•
*1-15
%
.
14%
75%
=
:
2%
-
4V2 Jan.
—.
'
"
107
14% May
15
21
—.
40
110
*108%
111
.
61 %
•
42
*106
110 M
*108%
"
.
2 Va
*58%
<
41%
41%
•
110
*108%
*108%
*59%
Dec
6
Apr
16
July'iO
221/4 Jun
Merch & Min Trans Go— -No parMesta Machine, CoM_,
—5
Miami Copper
i__5
'
2%
/
j.—1
lst;preferred———50
90
Jan
28
Dec
20 Vz Jun- 27
1,300 y
;
5Vz "
15%
102
-
•
'
5%
15%
5 Vz
16
*18%
■
101
41%
i
Jun
Sep
2%
Dec
49% July 15'
6
68
—u—M-l
56%
Dec
Dec
8
62Ve
V
par
Apr
Jan
Jan
12%
1
6
par
Corp
(The)/.l
Dec
1
15%
28
Jan
1081/4 Jan
May 20
94
par
Jun
Jan
Sep
31V* Sep
176
Aug
61
2/
5'/8Jun
MOO
—No
Melville Shoe
800
'24% '
,-'.•24%
..'
preferred
S6 preferred series A
No
$5.50'pfd ser B w w—l.-_No
:.
24 % v
101
8
12%
28%
-28
.:
9% Jan.'
l
2
Mar
14 1
May 11,
■
Dec
40%
40% July 13
Mar/31
:t
Jan
32% Sep
kay
171
Feb
Jan
-Sep
24>/a May
7
1%
5%
11%
17%
Dec
19
13
,
Apr 17
•6% Jan, 3
—100
—
Jan
Sep
1% May
Dec
3%
46% Jan
14
i
_i5
Co
Corp
—
66Va
-
5% /
5V4
*26»4
15%
*105
-
63
11%
V
Mead
400
72
*63
-
25
-
-v5
•
.1
'11%
V
6%
*68
Stores
conv
176
Jun.
100
I
Inc———/-IS
preferred-
6%
'
28
■
& Robbins
McLellan
104
6%
'
,
6
Ddc
7% Aug
Dec
21%
*
-
5%
101
110%
*2%
*60
1
:
110,
110%
2%
63
25
-
5 Va
26%
*18 Va
<
41%
41%
*5%
72
*02%
-
25 V4
15%
^
101
*105
•
110%
*2%
*60
19'
6%
*63
66%-
-*24%
25
*24%
v
27
-*5%
•
•v
5%
97%""
'
26%
*15%
5%
15%
15%
•
6%
72
:
*61
■
26%
.5%
*26%
-
''5%
*95%
^
'
25%
m ;
.■
4
•
57/a
104
29% Jan
May 12
McGraw-Hill Pub Co—%No
par
"
*104%
■'
6
18
i
11%
16
3
'
*104%
S
Feb
Jan
Sep
Aug
July
4%
Dec
3%
Dec
16%
x20% Dec
Jan
5
1.0
^2%
11
O
27^2
9
/V
18
3% Jan
76
—
i.
Jan
1 »/4 Jan
McCrory Stores Corp
T
6% «onv preferred—MOO
100
%
13% July
preferred—/-—No/par:
McCall Stores
;
—
18% '
.
•
*
i
-—
-Ll03 ;
-
■
i '
Apr
-24%
Apr 29
140
Dec
.1% Jan 31
31
Feb
-5%
125/a
V;6%
Apr 20
31
preferred
1%
L5
26 Vb Jan
6
100
7 %
Feb
26
9% May 19
1
12%' Jan
May 12
82 :
'-10%
v
Mar
■20
•
par
11% ;;.,v./*io%'";MI3/8
M8%
•
;
par-
May Department Stores——.
10
■y. 100
Maytag Co__„——
No par
200 i'v "■ $3 preferred—.1
Z—No par
14% X
•
*7-9%-
*100 V 103 / MVc ;»iO0
-
;
'"*13%
44-
30
:■
2
3% May-15
22% May- 1
-par
—No
4
Jan
14%
35%
19% pec
8% Jail
,
8% Apr 17
17% May20
500
-*10%
19 Vi
*6% ..'-7,.>32-:
33%
33%
Masouite
..VMM
-*io%,.iiy.
•
11%
2% Jun;
.4%
..
20
39
-*79%
103,;'
•>19
,
Martin-Barry Ooi-pT__^___ _No
1,100
V *38%
14
-
io%
*10%
*100
7
*32
10%
7
19
*6%
7%
;
10%
11%
103
<20
169
*1%
82 ..>■
*10%
169
:
4% Jan
Jan
Jan
29%
11
16% Jan
.
31%
138»
23% Apr
17% |Dec
2«
% Mar-27
>.. Master Elec- Coiw/L—M
*162 /
■
82
-
:;2o
Dec
2% May 22
Midland Corp
__5
Market St Ry 6% pr preferred.MOO
.
>
Dec
x32
2
27% Jan
5'
May- 2
11% May 18
-
Marine
1
300
.
;" 23 %
;
141/2''
•
400
•i
27
.•
•*22
1
M.arkhaH Field fe <^)_i_„u-No p,ar
.Martin i(i&lenn -L) <?o^__J—1-
3,800
38% ,*;38%
38%
"
27v
-•
203a
*162
*14
*100
33%
20% •
■
169
1%
1%
/; *26% •; 27%-./
*22 /
23%:-.
"
:
-i_ju_M—No par-
Shirt.,.,——__/.r25
-
23 %
20
MaracaibP Oil Exploration—j-l'l
v
9%
'•
Bros
Manhattan
;
-
$%:< 9%
i
Sugar Co—;
Mandel
'M_
200
2%
2%
(8%M
->'.;3%'
,3%
.27
-•
"-v
14%'
-
,
18%
*6%
•
.
*79%
11%
*18%
-7%
20%
*1%
103
*ioov8
•;
'*21
*14
10%
10%
;,*io%
11%
*100%
'
79%
27 •;
..
23%-
*160%
*3%
.
27
*21'
20%
'
V
"
20%
*13%'- 14%
*79%
*26%
.
20%
39
'
26%
23M
v
3%
3%
3%
-
*21"
•
[
19
27
21% Jan
5
J,3% Jan 22
lO Va Apr .29
May:* 4
;
,
Manati
♦
—
IVe
,
,.M«di«>hSq Garden-.-^,—i/No par
Magmia Copper___r__L.J1.
m0
-
-
26%
>•
>■
200
200
9%
-1*8%
1
1,600
*12%.. 13%
1%
2% r.
8%
-•
9% v
v
,
,*2%
2%
•*i*5'%' t 5%
.12%
.2%
y;:s%
■■
*10%
■"
'2%
2%
13 %
9%
3%.
4%
*26%
>
*19
*21%
"
11
22%
'
*3%
•
19%
•
*21%
'
*
■
8%
* 20
20
,
.
8%*
:9%
M
;
19'
Ml'
11
*2%
*8%::/€%
'wva
l£% "
22 •
1%
v
%'
*21%
13%'
.'
19
*10%
22%
22'
"*'5% ■'• V5%:
*12%
.
:
*10% Ml
12
l3l
Apr 27
28% Apr 17
17% Apr 30
•
' Jan
35% Jan
124
•
29% > 29 %
4
May
:
Feb
:
9% May
617/a
4% July
74
15%
July
Nov
Apr
74%
4
Dec
8%
Jan
34
Dec
51%
Jan
19%
Dec
Sep
N
*2%
V *2%
3
5%
5%
20
/ 5%
5%
20
V
r
15%
.".,*4
4%
7%
7
*15'/a
v;
*7
7%
•
■
.15%
*159%
'
14%
*4%
: 5
16%
7%
*5 Va '; "5%
*9%"-.
22%
%
5%
'19%
2%
3:.
5%
*2%
'
5V4
•
20.
5%
*19
15%
15%
2%
*14%
;
*51/4 V
19%
Nabco
14%
150
'
Chatt & St. Louis__>
National Acme. Co„
par
1% Jan
3% Jan
'■
14
14%
9%
*9 %
9%
'•
1%
54
*15
4%
14 Va '
: •'
•:
•
,
1
163
,,
14
4%
■
4%
16%
.15 Va
16 Vz
*15%
/National
5,800
14
r
.
;
National
*15 Va
V
7
%
Nat
400
■
Aviation
14'%
32%
*31 %
1%
11%
1%
1%
4 V4
59%
*57%
3%
3%
see
77/a
7
page
54 '4
*7%
7
319.
11
14
500
135
135V4
10,400
i
:
7.14
*157%
,
32%'
*31%
1%
1%
4 Vz
*54%
56
60
*
31/4
.
4i/4
100
'
Nat
.
Bond
6
&
7%
7%
7Vz
71/4
7
1
7
7
47%
■„
*41/4/
(
■
,
80
5,500
50
15
t
1,000
33
v,
200
1%,
473/4
$
Nat Enam &
3,800
Stampings
/
/_■_ 1
$4.50 conv preferred-/!—No-
National Oil Products, £0—"L——^4
National. Power & jLt
—_j._No par
500
55
;
60
.
3
*71/4
6%
300
$2
j
900
400
.
Dec
23%
Jan
2%
Dec
7%
Jan
11
5Vg
Dec
9
Jan
6%; Dec
6
166 Vz Jan
13%
19
14
.
Feb
26
17
Jan
175 Vz
Jan
12%
Dec
17%
Apr
14%
July
7%
Dec
11
12%
Jun
-16%
3%
Dec
8
7%
Feb
10 Va
Bep
17
Apr
25%
Sep
11
Dec
10
x
.
£V2 Jun
1,600
conv
(The)
prior
preferred:
.National Tea Co—
Natomas
Nchi
Go
Corp
14 V4
/
11% Apr
25
May
129
4
—40
9% Jun
12 V4
35
10
—
Jan
19 V4
Sep
154
Dec
>24
*26
--Jan
•Feb
36
■2% Dec
3 Ve Jan
Jan
Jan
Ju.,
Dec
7% Mar
Dec
68 Vz
Dec
7% July
16 % Nov
53 Vz Feb
42
6% Jan
May 14
Jan
176
18
4
16% Feb
;
Sep
8%
14%
25
8%: Feb
:
Feb
Jan
'
63
Feb
6
41
51
100
70
Feb
'5
43
Feb
75%
Sep
3% Jun
6
2
Dec
5
Feb
May 19
2% Mar 30
.
—Nonpar
L
Dec
,
Sep
20%
Dec
160%
138
Sep
93%
Nov
Jan
Jan
17% Mar
/
16
*
Dec
Jan
45% May 22
-400
-----No par
168
146
43% May 28
—10
i
6j
13% July
2
<29% Apr 28.
Pa__
58%
Mar
I6V4 Jan
Mar 17
1% Apr
3%, Dec
4% Jan
72
2
145
.
I6V2 Apr
28
Jan
July
23% July
Mai- 17
9% Apr
60
—t—
preferred
9 V4
Jan
9%
Dec
3% Dec
/
1?
15Va July
1
Sep
18%
160% May
July 22
9Va Jan
11
Dec
6
5% Jan
15
1?% Apr 24
_25
5%% prior preferred
6%
7%
6%
r,
13%
,
Jan
May 13
8% May
par
/National Lead £0
—10
i j 7 % preferred A-/-—1.00
C % preferred B_.
100
Nat "Mail & St'J Cast Co__
Nonpar
■
V
No par
'National Gypsum Co/—;
National Supply
57%
5
9
7% Jun
12% Apr 30
4% Jan.
9.
No; par
National Steel £orp__
55
7
Sep
Jan
5% July
4V» Jun
16
,
'
23%
18
12 % Apr 23
3% Jan," 2
V.
Jan''2
* 11
Cylinder Gas Co„—1
'Dairy Products—yy-^i—No par
1,000
551%
' 71/4
" "7
t—,^^10
2,500
,
10%
3
Corp____No par
:4%
10%
3'A
Share
Jan
8% Jan
1
preferred—V—_i
L,10
Nat Distillers Prod;-—/,—i—No par
.
2,200
170
60
54%
May
Register———No'par
Nati<hia;l Dept Btohes——4.
300
.
" X ■
11
*57%
*3
1%:
48%
41/4
*10%
11
*57%
1%
48
:
t
140
National
.
3,300
16%
71
14
.
*14%';
49
100
14%
'
5
preferred—
Nat Cash
700
...
.
'"135 % ' 135%
14%
:
-
May
Dec
Dec
5:
,/ :
5
13.
1%
3
24%
6Vb May 16
—10
4..
x
2*
Feb
•
*4 '/8
*
14%-
61
*3%
14%
*157%' 170
'
4V8
71
•
8 2 y2
56 Vz
3%
70
14%
48%
4%
11%
Vi'
7
*~4>/4-.
32 72".
*
48%
*11
■'
■15
14%
*32
1%
54%
6%
32%
„
4V4
70
135*
135
*4%
54%
*7%
14%
"4%,.
.70
*157%' 170
48%
,
*57%
3 Va'
14%
15 ■■■'
135
14%
4%
:4%
*68%
170
*128
48 V4
'
43/8
70
5% Jan
Corp—15
Biscuit .Co_—
National Can
'
4,900
;
16%
100
,
7''
.
1-4
>4% C'
16% 7.16%
*7% 7; ;8
•
■
14% V 14 Va
"5 Va tv
5% : 5%
' ;* ,'/.;'S'.7 '
,,,.*9V49% •" : / *9V4 ,;.. .,9 Vz
22%
23 ? .7 •7 *7.22% : 23
.
—
1,300
7Va .7
.163
*13%
■V;
17
14 % -15 Va
7 •
;
400
7Va
15
13% May 26"
3
Apr 24
Automotive Fibres Inc
1
,46% conv preferred
—;JL..10
July 14
5% Apr
,16% May 27V
/100
Nat
3 Vb
2
*
•
■
V5V8'
9% ' .; 9V4.
■22 Va.
22%
16%
'
.
5 Va
16%
77/ 14%
"
> 8
•
7Va
*13%
:
4%
17:
4V8
'•
7*6%/
7//,. 6% |..
7 Va
7Vb
15 77: 15%..
*162%: 170 ;.
14 Vz
,'f
7%
14%
23
*158
7
14Va
4 Vz
7%
footnotes
4%
*68%
14:%
135
48
*11
•:"
170
•
»3V»
' 7%
For
22%
•
70
*1%.
;
•58%
•
••
15%
4>/4
*68
11%
*7%
*,4
■•
•
'
4%
*3
7%
-
23
*31V4-
54
i 4%
16%
*9%
*14%
*57%
4 Va
.
170
*13%
•4%
16%
5%
83 "
*10%
*161%
14%
5%
'14%
48%
•15 %
*4%
14%
14 V«
.,'
•7%
16%
-■
•5%
*31%
1%
■■
.
•'■■7*6%;
7Va
7%
15%
168
15
*128
*4%.
*1
4%
:
*6%
7
.8
15%
*158
*47%
7
8
135
.
*13%
4%
170
-
14%
16%
22%;
y
*158
*161%
168
"15%
>:
-
*4
15%
*5%
"-
,
4%
4%
15%
14%
1;
'
*68 ' " 70"
..7
,
*7%
-
V
4 Vi
:
6
__/__5
Corp.—
Nash
300
.
Liquidating Co____-—No
Nash-Kelvinator
7,400
1934
14 Vz '*
15 Va
300
3.
5%
19%
-
-
*4%
.
" 7
.
7'%'
.
16%
,
*15 %--16%
*7
15%
*4
15%
*13%-
v
9Va
22%
r
"
*160V«
7%
,14% M47/a
'
*15%
7
15%
16%
*128
5
20
4%
*7
.
165
*13%
"
5%
*19%
'
<
'
15 Va
-'
*2%
15%
.*4
*7
3
20
20
*15
*2%
3
6% Apr
28
9 Va Feb
.6
No par
5% Mar
7
7% Jun
4
8% Dec
6 Vz
Dec
68
Sep
11 Vb
Oct
97/a
Apr
FINANCIAL CHRONICLE
THE COMMERCIAL &
*
July 20
5
$ per share
share
per
per
S
share
share
per
share
100
*14
15
*14%
15
14%
14%
*14%
15
*14%
14%
*72%
74%
*72%
74%
*72%
74%
*72 %
74%
*72%
36%
38
*33%
37
*33
.' 25 V„
108%
109 Va
25%
25
2f
'
*108%
/■
109%
24%
*24%
1
8 Va
8 Va
*18%
19%
19%
19%
19%
19%
98%
*97%
99%
*97%
99%
*98%
99%
25%
26%
26%
26'A
27
27%
27%
8%
8%
8%
8%
9
8%
9%
12%
*12%
13
13
13%
*12%
41
41%
42%
40 la
13%
*12%
18%
18%
700
*98'A
99%
100
8%
26
8%
12% '
412%
13%
4
40%
*40%
41%
40%
13%
*12%
13 Va
*12%
40
412%
4%
niVa
13%
13 Vo
4
70
66
4%
*12%
*67
70
*
8%
9
*13%
1.3%
40%
13 Va
•
12%
4%
4%
14
*12
13%
13%
*67
70
4%
85
>82'A
85
*82 %
85
*82'A
85
82'A
82%
30
30
*29%
30%
*28%
30 %
*28%
30%
20
32
A
A
%
Va
%
%
*22 Va
19%
161
161
4159
161
109%
109%
7%
48
45%
45%
*45Va
11
U
88%
89
5%
5%
*88%
11%
*10%
11%
*10%
*33
34%
*33%
34%
34%
34%
*1%
30
*25%
30
27%
9
*8%
9
*8%
1%
*1%
1%
n%
89
107%
10%
"■
.
5%
■
107%
10%
34%
34%
*33%
1%
*1%
l7/a
*1%
*27
30
*27
9
8
17Va Feb
30
2
51
% Jan
2
15% Jan
4
15
45
Jan
7
Dec
15%
Jan
Dec
18%
Aug
Feb
47%
Aug
Dec
24'A
Jan
-
6
10%
6
25
12
8%
23
4'A May
15% Feb
5
8
Apr
18
Oct
106%
Dec
112
Jan
110
Jun
115
Feb
60
6
80
May 20
109
Feb
18
Ry Co———.100
30
July 21
54
Jan
26
42 Va
Dec
% Jan 27
2'/a Jan 27
a3a
Jan
ft
Oct
ft Jan
1%
Feb
3
39
...1
Inc
15Va Apr 29
——5
preferred——100
American
.7 '
V4 Mar 11
,
30% Jan
23% Jan
ft
Dec
179%
108 y
Mar 10
115
Jan
16
109
10% Jan
5
9%
Dec
17%
Jan
52% Jan 26
50%
Apr
58%
Jan
50%
Dec
57 Va
Jan
10%
Dec
17%
Jan
10
39
Apr
.50
39
Apr 29
53
Jan
27
9% May 21
14
Jan
0
6V2 Mar 31
Aviation———1
25
14
96
Jan
2
7
Jan
93
27
108% Jan
x
31
4 '/a Jan
19
100
Apr
2
8
Apr
Oliver Farm
14
11
31 Va Apr
27
38
1
Jan
20
20
par
50
Ohio Oil Co
119%
14
85 V2 Apr
8,000
Feb
Jan
Jan
.50
Norwich Pharmacal Co_—
215
192
:—
Telegraph
Sep
32% Jan
Dec
Mar 26
...
Air Lines—No
35
Dec
19
7
% Jan
Oct
23 Va
2
Aug
143
—50
8%
Sep
Feb
Jun
200
8
110
Shipbldg Corp part stk
8%
Jan
July
Dec
May 22
61
14
; V. 8%
27%
116
26
106 Va Mar
Jan
6
May 25
12% Apr
Norwalk Tire & Rubber——No par
Preferred
:_50
30
.
Jun
10
Va Jan
4 %
Feb
36
par
2
8%
8%
Q%
*8%
Dec
3
Northwest
100
1%
19 Va
9
A Jan
Northwestern
40
35
2
109V2 Jan
Ry—100
Nor States Pow $5 pfd——.No par
1,900
35 Va
25V2 Jan
3
Northern Pacific
100
10%
30
11
Northern Central Ry Co..
10,500
*106%
17% Jim
% Jan
North
100
5%
.
Apr
——50
Co
preferred series
53A% preferred series
1,700
89%
,
28
237/a May 21
JVo par
6%
900
11
*88%
*106 V4
10 Va
46
11
6Va
27
27
9
*45%
11
5%
1%
27%
*8%
*33%
1%
*25%
45%
5%
11
11
11%
200
ir'
Jan
Apr
Aug
98% July
;_b— 100
No par
North American Co—
4,900
108%
*106
106
no'/a
7%
46%
31%
11%
preferred—50
non-cum
Adjust
10
7%
46%
Apr
5%
11% Jun
Norfolk & Western Ry——.....100
*110
22 %
24
Noblitt-Sparks Indus
46 Va
Jan
16
12
100
Y
Dec
Jan
110
Nov
11% Jan
6% Jun
—No
July
30V2 Feb
V2 Apr
7 %
100
Dock—
105
17
79%
45 Va
17
22
preferred.————100
N
27
No par
100
~7%
14 '/a Feb
327b Feb
5
10
Jan 27
200
89
11%
30
5
IN Y Ontario & Western—100
1,300
20
45 Va
;>
89
5%
5%
5%
106
106
*105%
107
11%
11%
89
21'/a
46%
46
Jan
preferred——:
Conv
100
7V4
48
45%
45%'
*46%
109
164%
*160
164%
*160
Mar 10
}N Y N H & Hartford—
1,800
%
21
104
N Y Lack & West
500
.
2
■
*19'/a
20
*110
7%
7%
48
*46%
45%
"■A
%
:
1%
%
V
21%
21%
163
163
■
*19%
20
*110
7%
11
5%
5%
21%
*88
89%
4105%
21%
*19%
163
7%
48
45%
11
11
*88
"7%
*46%
*46 lA
*A
*110
7%
4
%
1%
1%
'A
*160
*109%
7%
2%
*A
20
*19
20
2
22
21%
22%
*19
■
2
A
•j a
22%
22%
19%
%
2
2
2%
A
«
*iV
July
Dec
Omnibus Corp—
10%
■10
*82%
%
31%
N Y & Harlem RR
70
*30
A
14
Central—
York
5%
600
33r
*28
69 Va
Jan
preferred series A
NYC
85
*82%
2
35
No pur
New
200
14
*67
Mar
27
$ per share
Dec
75
Apr
_No par
67c
1.800
40%,
*12%
41 %
.
4 'A
10%
May 26
N Y Chic & St. Louis Co
600
13%
Highest
$ per share
Jan
preferred..—
New York
31,900
9
S per share
11
York Air Brake—.
$5 conv
New
1,300
26%
26%
26%
4%
*4%
13%
*67
70
*67
26%
:
70
*4%
13%
4%
13 Va
*4%
4%
*13
13%
*98'A
share
28
N'port News Ship & Dr Dock——.1
19'A
19%
Vb
Year 1941
Lowest
70 V2
1
600
99%
19
418%
per
Range for Previous
Lots
Highest
par
—
8 Va
■
100-Share
serial preferred—.100
preferred series A—
100
Newmont Mining Corp
—_10
Newport Industries
——1
1,600
of
( J J) ——No
conv
5%
10
25
8 Va
8 Va
4% %
Newberry Co
109%
*108%
24%
108%
8 Va
8%
*8%
8%
8%
8
8
>108%
109%
25
25 %
24%
37
*33
*108%
$
Par
Neisner Bros Inc
37
109%
Basis
Lowest
;
74%
*34
37
*<33
4
per
Range Since January 1
On
STOCK
EXCHANGE
Shares
15
*108%
93
$
the Week
73%
14%
*72%
4
$
share
per
July 24
July 23
July 22
July 21
Sales
YORK
NEW
for
Friday
Thursday
Tuesday
Monday
July 18
$
STOCKS
HIGH SALE PRICES
Wednesday
AND
LOW
Saturday
Monday, July 27, 1942
Mar
2
2'A Apr
Oct
Jun
21
40% Nov
Dec
%
14
Jan
34
6
2% Jan
Dec
27% July
7%
Dec
13% Feb
26
6%
Feb
10
25% July 17
13%
Feb
23% July
Dec
10
Feb
18
28
Jun
17
8% Apr
28
10% Jan
6
6% Apr
—2,50
Dec
7%
V
Sep
8% Aug
113% Nov
7;
Dec
107
Va Jan 28
08
July
3%
Oct
29
8% Jan
O
1
7%
25%
n%
25%
,
70%
"3
3%
3
13'A
13
*133%
24
*22
24
*22%
24
*22%
*44
48
*44
48
*44
51
51
51
51
*
*18 %
12%
*15%
16
19%
18%
11%
12
16
16 %
16%
19%
19%
19 Va
16%
*85
86 Va
*85 Ve
141
141%
86
141%
2%
'1%
i
2Va
2%
5,600
16%
17,200
7%
1%
1%
1%
1%
1%
1%
1%
1%
*91
105
*91
15%
115%
117%
:
1%
24
13%
13%
A
*%
13%
v
18%
*18%
*53%
55
69
18%
*15
.
23%
24 Va
13 Va
*13%
55%
*53
69%
69%
70
2
*1%
1%
*1%.
.
18%
19
*
70
*lVb
.
13%
13%
13%
•
>102%
20%
20%
34
14%
*14%
*17'A
13%
11027b
*39%
'*%
1%
*17'A
22
22%
,
20%
13,600
17%
100
*39
39%
39'/a
39%
200
39%
*39
39'A
'*%
1%
*1
1V4
*%
1%
%
21%:
5 Vb
*4%
5 Va
300
40%
39%
39%
360
1%
21
20
21%
21
21
*21
*5Va
*
9%
65
*63
65
'
9
•-
9
*7
-
"
*70-
:
33
8%
*73A
.
8%
*7
<"70
40'A
*2>A
*56
4%
*Va
75
*70V4
75
40 Va
39%
40
■*2V4
2%
2%
*l5/a
*55
59%
*55
59%
17%
18
3 7b
3 7b
*3
8%
*7%
32
32%
■'
4Va
.
-
4%
*59
63
7%
8%
'•
32
v
'
/,
<
2%
6,000
v
37b
',
;
63
V
100
5
300
*59
—
4%
4%
*ioa%
47b
4%
*4%
4%
*4%
50%
*50%
*
4%
50%
4'/8
151%
*23%
24%
62
24 Va
4
"
24%
'/a
4%
50%
24%
62
*59%
63
*59%
8
*7%
8
"7%
*4
4%
50%
24%
62
•
*165%
'
;
'
7%
*75/a
*149 Va
100
874
*149'A
*165%
*149
*149
—
*165%
*165%
*4
4'A
*4'/8
*4 Va
4%
50%
50%
24 Ve
*59%
*49
24
24 Va
*597%
62
4
7b
47b
52
—
—
'
•TO
O
8%
153
__
~1%
1%
17b
1%
1 Va
1%
1%
12%
127b
*12%
12%
12%
12%
12%
For
footnotes
see
page
319.
-
153
72
47b
52
40
24
233/a
23%
59%
59%
8
*151%
l5/a
12
c-tr,
*4 Ve
*43
1,200
330
•
110
7!,/4
*151%
l'<4
1%
178
*12 7b
12%
*12'/«
Ve
6,9uO
12%
500
2
14%
Dec
20%
Jan
%
Dec
6%
Apr
9
15
55% Jan
9
1
80 Va Jan
5
14
2% Feb
5
1 Va Jan
2
32
Jun
30
11.
par
July 24
May 15
May 4
1
Jan
14% Dec
43
% Mar
54 %
Sep
73
Dec
89%
Sep
1 Va
■
Dec
1
3% Aug
2
Jan
21
44'-
Jan
21
34 Va
Apr
52% July
14
July 22
11'A
Dec
17% Aug
108%
Dec
112% Mar
Dec
3 %
Jan
108 Va Feb
27
18% Jan
>2
24 Ve Jan
30
17%
Dec
16% July
2
237b Jan
6
20
Dec
25
Aug
Apr
20
467/a Jan
5
36%
Jan
54
% Jan
3
1% Jan
5
%
Dec
2%
6
23% July
9
18%
Dec
30 %
Sep
Aug
July
104
36
15% Mar
4
Jun
26
36
Apr
28
18
May 26
19% Jun
5
25'A Apr
7% Jan 24
7
51% Feb
41
Dec
11% May
60% July
23% Jan
24
17
Dec
38
27% Jan
7
21
Jan
27%
Oct
4% Dec
May
4
Apr
28
6
Jan
13
53/a
Dec
7%
Apr
par
5
Mar
9
6
Jan
5
4%
Dec
7%
Jan
14
23%
Dec
35%
35 Va
Dec
47% July
69
Dec
91
^___i00
98
.100
103
series
series
No par
Phillips Jones Corp—
-ft——100
7 7c preferred.
No par
Phillips Petroleum—__
Phoenix Hosiery———
—
—IIII100
6%
—
25
—100
preferred
.100
Pitts Coke & Iron Corp.....No par
preferred——No par
x
7 % Jun
3
55% Apr
24
6
72
Dec
89%
Mar 23
105
Mar
110%
106
July 10
May 12
9
Jan
78
Jan
May
"
Jun
65
May
30
Apr
6
4% May
27
51V* May
17
27
41% Jan
2
35%
Feb
2% Feb
13
1%
Dec
38%
Feb
13
Dec
2
60
3
18Va Feb
6
May 25
4% Feb
6
May
15% Jan
3
26% Apr
4% July
58
Jun
July 10
24
36% Feb
5
2
6% Jan
15
27
Jan
21
9% Jan
14
68
x
Aug
77
July
46%
52
July
23%
47b
7%
46%
Jan
Dec
8%
Jan
Dec
64
6%
84
Dec
15
7% Apr
29
Feb
19
165
Feb
19
163
Aug
175
Feb
25
174
Mar
181
Pitts Screw & Bolt.
No par
4
Apr
5% Jan
14
Pittsburgh Steel Co—
17c preferred class B__
No par
-100
4
Mav
*
166
May 23
5 7c
.100
100
—100
Young & Ash Ry 7% pfd-.100
preferred class A—
1st ser conv pr pfd
5%%
Pitts
Pittston
Co
(The)—
Plymouth Oil Co—
No par
—--5
6% Jan
5
Jan
Dec
Dec
2%
27
165
2
Dec
3 Vb July
165
17
_—
9
—1
100
preferred—
Sep
Dec
.
■
1% Feb 25
43
12% Jan
7
Jan
16
May 20
6 Ve
8 Va
Jan
July
10% Jan
75
107%
.—..100
Pittsburgh Forgings Co
Pittsburgh & West Va—
10
2
17% Mar
14
7%
~4
Jan
30
Pitts Ft Way & Chic Ry Co..
617b
"
*7%
4
30%
Dec
76% Jan
''
*149
.
*165%
Dec
1
40% Jan
$5 conv
63
24%
32% Jan
Pittsburgh Coal of Pa—.
32
29
7
:
1
Pillsbury Flour Mills—
*4%
14
20'/a Jan
1% Apr
Jan
2% Jan
29% Jan
ft Mar 20
13% Jan
2
56% May
Oct
2
2
•
Apr
18
2
5
No
100
*313A
4 Va
Dec
14% Apr
Jan
44
No par
300
18
115%
27
Preferred
59%
Feb
Apr
4%%
7%
Dec
957b
July 22
Jan
Apr
100
.
167b
106
22% May 21
106%
v,
Feb
28 Va
Preferred 4V»%
39%
*70'A
40%
600
May
10
13% July 20
>
Dec
99
49
ieO
17%
*59
63
197a Apr
19'/a
9
27
Jan
preferred
No par
Philco
Corp—_%.3
Philip Morris & Co Ltd
_10
400
*7
7%
17b Jan
-
par
$6
*105%
106%
May
July
16% July 22
17
15
No par
10
Brewing Co
72
3%
4%
<
Mar
8
Phelphs-Dodge Corp,
—__25
Philadelphia Co 6 7o preferred——50
1 on
*71%
Dec
Jan
1% July
37% Jan
120
Corp of America
«1 n1
.
17%
*32
33
*59
nz,
v,
*3«A
3%
.
*7
7%
*8%
9
72%
t r n
17%
18
J/4
*4%
63
*10574
59%
*31
4%
106%
2%
*17%
•<
*105%
40%
i\A
'
«1 rvi
76
40
3%
*59
8%
72%
1 «
7%
18
4%
—
9
73%
#ir
105%
105%
2%
*31
9
■'
*72
IP "V
75
*3%
%
72%
72%
*17%
*7%
24 lA
*63
18
*149
5%
5'A
25.
65
*17%
63
24 Va
*63
*56
*57%
11,500
*5%
5%
25%
65%
59%
4%
24%
5%
*o3
40
*2%
33%
5%
Pfeiffer
24%
19%
10
23
Co
Petroleum
300
36
*56
*4%
300
*34%
59%
*31
4%
35%
101%
39%
3%
*4%
5%
*56
*3%
4%
25%
9
*69
2%
*4%
25'A
7%
*2%
4%
*34%
*7
75
*4'A
:• »
7%
39%
200
*34 Va
105%
39%
21%
*5%
105%
*69
21%
36
*105
*7
21%
*34 Va
727b
101%
102%
*20%
4%
%
Apr
Feb
100.% Apt
Pet Milk Co——
21%
Jan
Jan
30
270
10
% Jun
100
20%
9% Aug
3% Jan
%
6
par
Cement——No
4%
Dec
Dec
7%
24
2.50
Corp
Dec
1%
1% Jan
28
1
No
1%
4%
,
8% Jan
11% Apr
20%
*20%
18
.100
Co
1477b
2% Jan
20% Apr
$7 conv pref ser
21%
6
90
Penn G1 Sand
Pepsi-Cola
7
2
21
*38
67
*71
*105
21
*4
5%
9
72 %
20
*4%
5 Ve
41
15,700
Aug
Jan
1
fPeoria & Eastern Ry Co——„ 100
22
163
148
23
*20
22'A
21
Jan
Apr
Apr
Jan
21%
v»
126
2
6% July 16
1
Pere Marquette Ry Co———100
5% prior preferred——.100
5 7o preferred——————100
5
40 Va
3/l
36
*63
66
*8%
72 Vb
*101
21%
5
40'A
*20%
25%
25
*35 'A
36
*63
"
*5 7b
5%
25
25
*35%
.
4'A
4%
4%
.
40 %
20
20
*20
-
*4%
-
5%
*4%
41
41
22%
21%
22%
21%
*39
*39
4%
■
'
5%
*4%
1
50
20%
*16%
Dec
Jan
11% Apr
A——No par
Corp———No par
5% preferred
100
Pennsylvania RR
50
Peoples Drug Stores Inc
5
Peoples GLSCC (Chic)— .100
18 %
95
101
6'A July
Penn-Dixie
300
*17
'
*%
:
20%
20%',
18%
39%
39%
*39
39%
18%
*18
105
34%
19% Aug
2 Va Jan
Inc—
Coke
Feb
2
900
105
*13%
*102%
20%
&
11
_1
Ford^——
(J C)
Coal
25
2
600
15
14
Penney
Jan
18 Ve Feb
5 Vb Jan
Transportation—No. par*
Mines & Enterprises—10
Penick.&
Perm
1%
*1%
1%
35 Vt
105
20%
1,900
2
*1 Va
14
20%
300
70%
*1%
2
Patino
40
100
Co————No
&
Dec
par
Parker Rust Proof Co
1,800
55
70
,
Davis
26 Ve
1% Jan
Parmelee
>34 %
1%
35
105
14%
105
20%
20%
18%
18%
*13%
13%
105
*102 7b
105
20%
34%
34
70
Parke
400
Ill
18 Va
*52'A
55%
*1%
2
■
34
34
34
:
1 Va
1%
1%
1%
5? %
69%
55%
4,400
1.000
<
17
3
Apr 25
1% Mar
Park Utah Consol Mine3._———1
jr.-.:
■
18 Va
18%
1,000
Tilford
&
Jan
Jan
par
Inc.—
preferred
1st
13%.
•.'»
•
6 7o
Pictures
Jan
28%
Feb
5
preferred.
conv
Paramount
Nov
11%
3
Transp— 5
——1
&
Inc——^.No
Cos
Paraffine
Park
,
24%
T„
%
/
1%
.
23%
*13%
*53%
2
*1%
2
1%
1%
13%
■
1,000
.*15 % I 17
24%
%
18%
18%
;
*1%
■
27.300
119
23%
"
% :
55
68%
17
Petrol
15%
13% Jan
1
4'A
Nov
Dec
31
Corp..——10
Sep
7% Nov
25%
Dec
27
Airways Corp
American
12%
May
Apr
par
Car———No
Motor
7% Apr
1% Apr
10
6%
22 % Apr
Panhandle Prod & Ref
\7o
16
*115
117%
*15
1%
16%
*13%
13%
%
*18%
.
17
69
54
68 %
%
.
15%
16%
1%
200
105
15%
Pan
Oil
Western
Pacific
Packard
Deo
17%
28
Pacific Tin Consol'd Corp
Pan-Amer
2,800
28
*91
'114
23%.;.
23%
24
28
105
120
1%
1%
29
*91
119
17
*15
*27
29%
105
16 Va
16%
15%
%
29%
31%
*29%
30%
105
■
*102%
900
16%
*1
,
is
35 Vb
2
6%
*6%
13%
*1 %
1,700
2
6
2%
24%
*33%
-
2
6
'
7%
15%
1%
*1%^
2
6
17%
17
18 %
274
6%
74
Oct
52%
"
15
15% Apr
4
26% Jan
56%
38% May
Jan
13
par
preferred—
,
Jan
16% July 22
20
121
2 Va
*90
5
100
16%
<
27
74
67c
25
Jan
Mills—-No
60
Dec
% Apr
Telep & Teleg———100
142
Jun
7
Pacific
*141
16
45%
3
Pacific
Jan
3
3
40
17%
Jan
150
Jun
27
500
Dec
Mar 28
6% Feb
16'A
Sep
9%
Jan
8% Jan
86%
6%
54
21'A Feb
16'A
104%
48
28
Jan
Dec
Feb
140
2
9
—20
Corp—__No
Jan
July
2%
13% July 22
142
27
*85'/a
141
54
Apr
16%
141
9
29
Apr
4 %
86%
142
Jan
47b Jun
79
237b July 15
63A Mar 27
10
No par
No par
10
16%
*6%
*15
13
Ltg
2%
'
*
Pacific
7%
17
*13%
300
17%
115
24
'•
26%
2 Va
115
•%
27%
26%
2
16
5
I
Co
& Electric—,
Gas
18%
115
*15 ';
Pacific
*6%
1%
Coast
2,800
7%
2%
Co..
preferred2d preferred——
Pacific Finance Corp (Cal)
18%
17%
18
Jun
43% Apr
12
6% Jan
26
xl6% Apr 28
12.50
1st
18%
*6%
2%
Glass
Owens-Illinois
Pacific
Mar 20
42
18%
2%
*29
15%
115
200
7%
*1%
.
105
15%
410
17
17%
*6%
29%
*29 %
6
12
2%
7%
*90
2
6 74
20
11%
*16%
;
50
17%
2%
17%
1%
2
6%
*17%
11%
17
5
11% Mar 12
132
Outlet Co
Pacific Amer Fisheries Inc
170
5»/a
5
*
2
28
*85 Va
*2
2
*6 Va
2,700
__No par
Jan
2% Apr
16%
*141
6'A
2
2
6 %
*26%
-
59
par
100
2
2
86%
86%
142
142
27%
*16
16%
87
18%
19%
27%
26%
11%
*16 Va
«
7'/a
*7Va
20
*18
18%
19
19%
26%
16%
17%
5'A
12
16%
*6%
7%
*5
16
16%
.
*7 Va
5%
12
*18%
26%
2
7%
*5
16
*26%
6 %
*7%
12%
*16'A
.
7%
5
—
51%
50
51%
51
5%
*7%
5%
19 Va
27%
*85
48
...
preferred
Jan
2 % Jan
100
—No
Outboard Marine & Mfg..
100
23
*44
51%
7%
*26'A
*141
*22%
43
51%
7 Va
*15%
19%
19%
23
51%
12
19%
*12
■
23
6 7c
100
V
137
*44
:
*18
5%
137
17
6
Otis Elevator
2,500
137/B
13%
13%
140
—No par
(The)
8% preferred A_.
Oppenheim Collins
300
3%
3%
3%
—No par
Equip
Omnibus Corp
70
68
68
70
13%
*5'/a
7%
600
*136
48
*5
3%
3%
23
48
*7%
4,100
*3%
3%
*45
'
24%
3%
13%
*22
50%
24%
3%
70
137
137
136%
n34
134%
134%
137
257b
3%
70
13'A
13%
13%
.
*3
3%
*3
13
70
8%
7%
247b
25%
3%
3%
70
70
3
'13
25%
25%
3%
4
70
70
8
7%
25 %
*3%
4 Vb
*69%
7%
25%
7% :
7%
25 Vb
p
3%
Dec
Dec
4
7Vb
9Va
Jan
Jan
Jan
Oct
Feb
Jan
Jan
47% Apr
28
61
Jan
6
45%
Feb
65
Jan
Jun
27
33%
Jan
3
24%
Dec
43%
Jan
58
Jun
26
70
Feb
14
6
Vb Jun
25
10% Jan
26
6
Dec
15
July
July 22
164
Mai-
164
Mar
20
153
July 22
Jan
22
11 Va Jun
24
1
153
Oct
51
9
2 Ve July 24
14% Jan 28
I*
May
13%
Dec
75%
Jan
1% July
17
July
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
156
Volume
HIGH SALE
LOW AND
Saturday
Monday
July 18
$
*15%
*
17
151%
%
*15%
STOCKS
Thursday
July 22
$ per share
17
PRICES
Wednesday
July 21
$ per share
share
per
Tuesday
July *0
$ per
17
share
*15%
$
17
*3%
3%
3%
3%
*3%
15 %
15 :,h
15 %
15%
15%
15%
15%
16%
*6%
6%
6%
6%
6%
6'A
6'/a
6'A
*6%
7%
*23
6%
25%
49
24'/a
118%
119%
6%
10%
10'A
10%
10%
*70%
73 'A
71
71
*77%
79
%
79%
79%
*77%
*89
92%
91%
91%
*90
*104
104%
*113
115%
24'A
10%
70
95
88
88
11%
11%.
*9%
3%
9%
67 %
68
11 Vb
78 %
91%
*90%
*90
8%
*95 Vb
42
Feb
Feb
6%
preferred
preferredpreferred
90%
90%
200
7 %
103%
220
8 %
115%
114%
114%
100
'..23%
23%
23%
5,900
8%
8%
2,700
Pure
*94%
96
94%
87%
88%
88%
*87%
89
,-,*87%
11%
*11%
11%
*11%
11%
9%
*9%
?%
9 %
9%
3%
3%
3%
3%
3%
*9
94% v
89
31%
9%
YYS
9
*94%
96
Pub Ser El
400
87%
87%
11%
:
11%
11%
3%
Dec
8%
4%
Feb
137/a
21
Jan
Jan
Oct
% J an
3
5%
Dec
13%
Jan
8% Jan
3
67/a
Dec
13%
Jan
29'A Jan
3
21%
Dec
52
6
50
Dec
121% July 23
3
Oil
——
115
Jun
Jan
40%
Jan
61%
Sep
July
120
14% Jan
8
11%
Dec
Mar 30
86% Jan
14
75%
Dec
110
Jan
£99% Jan
14
92
Dec
123%
Jan
29%
Jan
(The)
:
6%
Quaker State
3%
13,900
106%
Deo
137
Jan
6
117
Dec
158%
Feb
111% Mar 19
115
Feb
2
114
Dec
117%
26% Feb
4
10
2
20% July
7
Apr
2
28
100
90% May 13
100
preferred—
Purity Bakeries
100
9
Jan
par
preferred
conv
700
'
Jan
123
par
—No
-
111
Mar 30
—100
—No
5%
400
'
797/a Mar 30
99
——100
——»u„
& Gas pfd $5——No par
9%
9%
*9
13
16
73% Mar 31
62
——100
Pullman Inc
87%
15
8
16
9% Jun
Highest
S per share
; Jun
Jan
5% Jan
17
115
S per share
16% July 22
2
par
———i.—-No par
78%
400
102%
*11%
17
8
-100
No par
Year 1941
Lowest
f per share
6% July
7
22 % Jun 10
——50
Range for Previous
Lots
Highest
'
91%
*113
5% Jun
—5
'
'
96
$5 preferred
1,100
100-Share
3% May 21
9% Jan
7
par
—1
(ser of Feb 1 '29)
103
103
9
No
Gamble——No
&
pfd
15% Jun
No par
Pub Serv Corp of N J—
2,600
'
B
2d preferred
conv
5%
f.%
104
8%
5%
Procter
4,100
of
$ per share
par
1st preferred —v.
conv
23%
24%
2 4'A
8%
•10
Pocahontas——No
Co class
&
5%
■V. 80
10
38%
77%
24
23%
96
10
68
115%
8%
*94%
10
115%
24%
1
■-
48%
124
'120%
78%
103
8%
95
24%
100
70
*113
24%
9
500
48'A
121W
Poor
1,800
6%
Creek
Basis
Lowest
Postal Teleg Inc preferred
Pressed Steel Car Co Inc
6,300
6%
9%
78%
92%
400
;
6'A
49%
121%
4
16
*22%
On
Par
Pond
*6%
7%
24
x49
;
4
Range> Since January 1
STOCK
YORK
EXCHANGE
17
157/«
6'A
*6%
103%
*113
37/«
16'A
*22%
122
*15%
NEW
Shares
share
per
*68%
79%
103%
115%
*113
24 Va
8%
105
104%
;
10%
69%
3%
6'A
49%
*120
17
16
24%
49
120
•
7
*22%
48%
120
4
*6%
24
48%
119 V
4
6%
24
49
49
49'A
*118 Via
6%
*22%
.
4
S
for
the Week
July 24
per share
*15%
Sales
Friday
July 28
80% Jun
Jan
101% Jan
20
17
Oct
x
Dec
29% July
7
2
91% Jan
19%
Feb
12
94
Mar
Dec
107%
83% Feb
Dec
95'A Aug
No par
9% Mar 11
11% July 10
8%
Dec
12%
10
8% Mar 11
9% May 19
8%
Apr
12% July
No par
No par
2% Mar 6
46% Apr 28
88
Apr 25
Oil Rcf Corp
Oct
R
*54
55
*2%
54%
100
*78%
*78%
2%
*38
*2%
42
17
27
9%
*9%
54%
17
*9%
54%
2%
*40
3%
100
2%
42%
17 '/a
*17%
17%
9%
9%
24%
24%
24%
9%
9%
24%
•
$5 preferred B_
2%
2%
*2%
*40
*17%
:
17%
*17%
17%
9 '/a
9'A
1,100
9'A
9%
-
6%
.'I
'
400
1,500
*24 Y
24%
13
*12%
13
Y,
13
13 %
*12%
13'A
13
*26
26%
*26
26 %»
*26
26%
*26
26%
*26
26'A
*26
26%
*22%
22%
*22%
22%
*22'%
22%
*22%
22%
22%
*22%
22%
200
*1%
2%
300
Real
40
Rels
*2
*2
2%
*50 A
2%
73
*50
*13%
14%
7
*6%
*11
8%
64'A
*40
44
-
3%
14%
63%
*39
*13%
73
■
2
;■
100
24%
YYK
13
*55
68%
*55
14%
*13%
is
7
•
14%
*6%
11%
7
•
•
*6%
yy-:
*11
11%
*11
8%
8%
64 %
*39
43
3%
14%
64%
,
*6%
7
4%
7%
3%
8%
8%
64%
*63%
65%
14%
14%
*39
43
14%
"
14%
*95
*95
97%
*95
97%
*95
97%
*72%
74%
*72%
74%
*72%
75%
5%
5%
5%
5%
5%
5%
:
3'A
14
74
39
42
*3 '/a
3%
97%
*83
86
*83
59%
'•
*7%
*95
96
72%
5%
•
'
•'
*79
*
85
4 %
*83
85%
83%
84
83
83'A
82
•56
56%
55
55%
55%
55'/a
*55
56
7%
7%
7%
4%
83
35
24
81
*35
37
7%
7%
7%
7%
*6%
7%
*6%
7%
4%
*8%
*42
4%
44
*4
18
*8%
9
9
*42
*17%
27%
*%
37
*34%
37
V-T
27%
.•<
*
*
Ms
44
*42%
44
*42%
44
27%
27%
Vb
#
27'A
*
%
,
7
*2%
4%
*2%
4
*4
9%
*5
34% Y; 'i.
35%
34%
34%
34%
*104%
104%
104%
104%
104%
105%
11%
11%
11%
11%
11%
11%
16%
16%
16%
86%
*85
87
32%
32%
*32
32%
116
109
*112
109
11%
16%
16%
87
*112
900
37
%,
%
109
*%:
%
a
%
%
2%
2%
*2
55
54%
2%
7%
7%
conv
Reynolds
8%
8%
*8%
56%
56%
*5%
5%
60 %
*57%
60%
5%
-
*5 Va
5%
31%
12%
12%
Common
Richfield
100
'Y
Tob class B
(R J)
*2%
*2%
2%
14
14
'*%
*
5%
*22%
Ritter
25%
*67
112%
43
"
20
Y.
Antelope
$2.50
Co
Copper
conv
No
26%
At
"/a
"hi
M
4
*5
preferred
/
34%
34%
105%
*104%
11%
11%
4
>5
.
34%
;
16%
2,600
88
32%
200
15%
33
*32%
preferred
Savage Arms Corp__
Schenley Distillers Corp—
5%% preferred
.
X82
Scott Paper Co
3,800
>
par
'
•
Y
:'
;
$4.50
_|
preferred
%
-Y
■
%
/a
%
%
%
*%
$4 preferred
*12
13
%
4,300
'%
13
tSeaboard
4-2%
*12%
300
13
Air Line
—No
200
4,900
Sears Roebuck & Co———No
8
5,400
Servel
8%
8%
8%
8%
8%
8%
*55%
55%
55 %
5%
*57
5%
*31
Y
12%
12%
2%
14%
2%
14%
::
25
2'A
*2
56
-
58
5%
5%
60
5%
59
800
57
*54
5%
*56%
5%
5
5%
70
1,800
59
*57
5%
5
*32
.-
33
Y-
73
Seagrave
*13%
14%
*13%
14%
*14%
Sharon Steel
7%
8%
.7%:
8
2%
2%
17%
17%
18%
129%
$5
conv
preferred—
8
•
500
5%
Sharpe & Dohme
$3.50 conv pref
Shattuck
ser
129%
17%
18
U
Simms
25
100
Simonds Saw & Steel—
26%
800
Skelly Oil Co
—:
Sloss Sheffield Steel & Iron
17%
14
14
14%
27%
27%
27%
27%
21
24%
2
2
2
2%
,
3%
*2%
Vn
*2%
21%
21
24%
24%
31%
31%
*30
31%
*54
57%
57
57%
*54
58
3
3
*38
39
38
38%
31%
30%
30%
30%
*48
3%
*109
111
17%
*49
1%
footnotes
see
~3%
.
95%
3%
*93
*106%
*93
page
319.
3%
14%
13 Va
13%
14
27%
27%
11,600
2%
2,300
14% V' 14%
*18%
130
17%
*10
12%
19%
130
17%
V
200
900
80
1,100
10'A
600
13%
34,400
13%
14
3,300
27'A
27%
4,200
40
2
2
2
1%
1%
2,500
2%
2%
2%
2%
500
20%
20%
•
,
3%
95%
*2%
20%
-
21
24%
24%
31%
31%
*30%
*20%
58
*54
111
*49
50
3%
*23%
31%
58
'■
3%
95
*54
24
31%
58
800
2,400
500
50
3
38%
38
38%
230
31%
31
31
400
*109
111
49
49
3%
*93
2%
*109
48%
48%
3%
2,800
111
*106%
95%
3
3%
*93
Silver King Coalition Mines
Feb
2
34
Dec
61
Apr
4% Jan
14
2%
Deo
3%
Dec
2
14%
Dec
22%
Jan
101%
19
Jan
100% Mar
5
06
Aug
86% Jan
23
77
Dec
97
Jan
6% Jan
3
Dec
11
Jan
129
Sep
129% Mar
4%
Feb
3
97
Apr
Jan
20
60
Apr
8% Jan
5
6%
Dec
15% July
29
85% Jan
19
75 %
Dec
95
9
74
Apr
Mar
80%
Sep
July
4% Jan
9
5
Dec
10%
Jan
27
22%
Deo
34%
Jan
20
Apr 23
27% Jan
May
54
Jan
27
49%
Dec
53%
Jan
9
Jan
15
7%
Feb
12 Vb
Aug
8% Jan
16
e
Apr
97/b
Jan
5% Jan
20
2%
Dec
6
6
19 % Mar 20
47
34% Jan
10 Vb Jan
27
Jan
5%
14% May
2
Jan
Nov
Dec
14%
48%
Aug
Jan
Deo
42
21
Nov
8%
A
Jan
7
2
5
29%
104
9%
12%
78
par
par
25%
x 112%
106%
%
A
10%
2
< 43%
8
39% July
% Feb
200
„
3%
7,200
95%
200
.
Southern
Natural
•
Gas
Co——7.50
Southern Pacific Co
5%
Ry
preferred
No par
—
No. par
—~—100
ctfs—100
Sparks Withington—:
Spear & Co
Spencer Kellogg & Sons
Sperry Corp (The)—
Spicer Mfg Co
$3 conv preferred A
Spiegel
Inc
Conv $4.50
.-No par
1
_No par
——1
—No par
No par
2
——
preferred.
—No par
Square D Co
—
1
5% conv preferred———
100
Squibb (E R) & Sons
No par
$5 pref series A—
—No par
Standard
$4.50
Brands
preferred
No
par
No par
3
35
Apr
47
Sep
1106%
Dec
113
Jun
3
12%
Jun
23
Sep
8%
16% July 10
Apr
17%
Sep
15
79
Jun
94 Va
Sep
36% Jan
9
31
Dec
39%
Feb
10
Vs
Jan
Jan
28
Va
Dec
5
11%
Dec
116
Jan
A
1
10
6
3% Mar 24
115'A Mar
112
Apr
Dec
78%
Jan
Dec
107/a
Jan
10
Jan
3
7%
Dec
14% July
8
60
Jan
6
48%
Dec
71% Jan
7
Jan
61% Mar
5 % Jan
34
15
3%
4
61%
20
Apr 22
9
July
Apr
Apr
May
Mar
10
29
15
18
11
6
1% Mar 24
26
Jan
28% Jan
9
3
100
Jan
2
112
Jan
28
20% Jan
6
13% Jan
6
Y 17
Feb
4
8% July 11
Jan
10%
Jan
16%
Dec
2
Dec
11%
5
21%
Jan
Nov
2 Vb
Jan
22
Oct
30%
Nov
18%
Feb
95
35'A
14%
112
Jan
Dec
114
Jan
Feb
25% July
Jan
15
Sep
13%
Feb
18%
Nov
7%
Dec
10% July
1%
Dec
9
T
2% July
19%
23%
144% Jan 27
120
Aug
18ya Feb
5
24
16%
150
Dec
27%
■X10
Dec
Jan
Aug
Dec
Mar
13%
8
11 Va
Feb
19%
Feb
23 Va Mar
5
50% Mar 24
IV* Apr 24
2V8 July 14
1
3% Feb
2
6
Oct
Feb
111%
Jun
35% Jan
Jan
Dec
1
Feb
5
Sep
40
13
26
Dec
Dec
x13
10
Nov
32%
3
13% Jan
-
May
Dec
Jan
Sep
14% Aug
19% July
36%
Nov
37%
Oct
2
Jan
6% July
17%
Dec
22
31% Jan ' 6
27%
Dec
39% July
37
Mar 24
27%
38 Va July
60
Jan
Apr
64% Aug
21% July 20
3
4% Jan
6
Apr 27
45% Jan
14
27% Jun 24
38% Jan
6
Feb
11
Jun
1
Apr
9
Apr 20
Apr 29
May 2
6%
26
12 Vb Jan
108%
40%
111%
2%
89%
69
16
2
2% Apr 14
57/a
Feb
2% Jun
9% Apr 20
4
28
28
20
16
Apr
Dec
15% Jan
.
20% Jan
12% May 20
23% Jun
2
4
26% Jan
,
29
35
3% July
14
14
May
Apr
Apr
July
Mar
Jan
July
1%
4% Jan
2%
17%
21%
31%
49
Va
% July
17
4%
15% Jun
34% Jan
July
49%
Jan
2
Jun
Jun
Dec
5
57
2
14% Jan
10
Sep
109%
107
8% July 23
May 25
May 6
Apr
Apr
3
13% Jan
14% Apr
*
%
Jan
23
Apr
14
Apr 17
17% Jun 27
126
Apr
2
California Edison——25
Southern
:
Apr
109% Mar
1% Mar
15
8
Jan
.
24
108
16
9
13'A
6%
May
July
89% Jan
20% Jun
8
19% Apr 23
65
Apr 29
15
6
4
.
19% Jan
110
23
19
28
15
2Vs Jun 30
11% May 6
% Apr 14
—100
,————100
44
20
Dec
Dec
1 % July
Apr 16
Apr 17
Jan
9
Jun 11
Mar 21
10% Apr
S'eastern Greyhound Lines———5
So Porto Rico Sugar—.——No par
preferred
6% Jan
4% Apr 29
64% Apr 29
4% Mar 6
30% May 21
; y
No par
1
Jun
May
Apr
May
52'A July
10
South Am Gold & Platinum
4% Mar 15
Jan
2
Apr 30
4% Jan
—5
Socony Vacuum Oil Co Inc—
Southern
27
27
tV
preferred
———No par
Smith (A O) Corp
—
10
Smith & Cor Type v t c——No par
Snider Packing Corp.
i.No par
8%
May 26
5
No par
—
Petroleum—.
Mobile & Ohio stk tr
*30%
*106%
*106%
95
24'A
31 %
40
3
38%
31'A
21
-
*37
38%
3
38%
*109
49%
•
10'A
12%
8%
*37
3
111
*48
49%
17%
*10
28%
31%
38%
30%
*109
131
-
r
8
2%
;
40
*54
3
3
*106%
95%
For
3
*2%
49%
*106%
*93
*130
24
24%
*38
*30
14%
19%
14%
2%
21'A
20%
24%
32
24%
27%
*38
2%
•;
100
1%
*31%
111
14%
Y.
,
40
8%
..
19%
18
13%
.
14%
-
13%
2
*13%
19%
131
<
10
*38
14%
14%
12%
3
*20%
*13%
19%
10
40
11%
2%
10%
2
48
27
$6
17%
*11%
2%
12%
*38
*17%
*14%
Va
73
112%
18 Va
8
'
*67
*108%
11%
8Va
*130
26%
'
112%
11 Va
*
2%
:
*22%
25%
73
■
14%
10
13%
*2%
*67
16
22%
*17%
12%
•
22%
-
13
1
*25 Va
73
10%
40
2
•
25%
12%
27%
*109
Simmons Co
10%
13%
Jan
% Feb
15
Oil
600
8
129%
1,100
(W A)
Shell Union
400
11%
19%
3,400
2%
*14%
14%
19%
12%
14%
18%
-
12%
Sheaffer
*2%
12%
27
*37%
67%
23
No par
Pen Co—No par
14%
11
12%
Jan
Dec
% Jan
:
No par
A——No par
2%
12 %
*10%
9% July
63%
May 22
3% Jan
(Frank G)—
14'A
*%
*11 Vs
1
10
33
*32
12%
*108%
2%
*14%
18%
Nov
July 22
16
Feb 19
7
May 20
34 % May 13
.
No par
2%
112%
8 Va
2%
.
Nov
16-
65
6% Apr 28
6% Apr 30
—No par
Corp
14 Va
25
25%
14%
*127%
63
35
x
—1
2%
*17%
11%
129%
Sep
Mar
9
2
5
Corp
Inc
14%
*108%
18%
11%
12%
n
*67
•
*
*17%
*128
13%
»■■■*%
'
25%
18%
14%
.33
*22%
11%
19%
Jan
2%
Apr
3
No par
2%
*17%
*19
22 Vb
A Jan
100
preferred-.
Seaboard Oil Co of Del
55 %
*11%
*14%
Dec
% Jan
No par
-No par
No par
7%
18%
20
1
May 20
July
54
6%
75%
3%
:
^—100
—5
—5
100
—
*2
11%
*19%
55
13% May 14
x94%Jun
8
70% July 3
4% Jun 22
No-par
—
5%
1,700
109
2'/a
1
YY
15
6
100
«
900
16'A
87
116
55%
33
*67
'■
Mar
100
preferred
55
*17%
2%
2% July 10
13
100
2%
*11%
14%
24
22
10
Safeway Stores
200
11%
15%
33
5%
34%
11 'A
*106
■'v.;.,
112%
2%
27% Aug
Deo
100
Francisco
preferred
tSt Louis Southwestern
V;i'
105
105
Louis-San
6%
9%
87
-
900
8'/a
*108%
*14%
18% July
Dec
19%
2% Jun
No par
Lead
Joseph
tSt
7
>2%
9%
•
St
1,400
%
tV
nif
5%
*24%
■.
Dec
23% Mar 11
38'A Jan
1
Corp
55%
*22%
73 '
Dec
10%
22%
May 28
x55
Mines—-—
(The)
7%
112%
*108
23
2
10% Nov
No par
VY 55%
*%
25
25
25%
1 73
*108
3
28
27% Feb
12%
Mfg
Dental
7%
*2%
25
26% Feb
15% Jan
July
Dec
No par
7%
14%
''
1
25
*22%
*67
v' * %
1
16
May 28
Apr
Apr
Corp
Rustless Iron & Steel
109
5%
12%
2%
•
/
18% July
29% Aug
Apr
—10
—
Oil
100
116
60
*31
14%
*14
1
Dec
7%
10
58
5%
12%
12%
8%
6%
100
9
*57
33
*31
16
6%
1
-
31%
ll'/a Jan
2
'
*5
8
6
100
preferred
8%
*106
2%
*55
5%
5%
*57
.
Jun
May 18
100
Ruberoid
27 Va
*2%
*%
7%
*8%
57
57
21% July
2
100
Roan
*112
55%
7%
8%
Dec
7% Feb
100
Spring
Reynolds
30
Vb
9%
89
*12
*2%
"
14%
9% Jan
No par
900
109
13
55%
55
54%
7%
8
100
preferred
100
116
%•'
:
*12
7%
17% Jun
1
4%
*106
•A
Y ;•
7
,
*%
12
12
2
12% Feb
'
12%
12%
Jan
Mar 11
25
warrants
18'A
*112
-
aa
;
55%
7
No par
600
7%
7
43
4
•
32 Va
116
*106
*
38% Mar
5
No par
'
.
9
8
No par
5%%
6,000
fff
%
*85%
32%
*32
116
*106
16%
87
:
34%
105
*
AT
Y
*2%
9%
27 Va
27%
Vb
*
YV
7
!<T
*5
16%
46% Jan
r
4%
'106
with
17%
9
9%
*84%
Oct
4
Jun
1
8%
*8'/a
*
Jan
Jun
16% Feb
10
*3%
17%
9
■
4 Va
7
4
*17%
*8%
-
%
•
4
4%
*5
>112
Stores Corp—
5% % preferred—
Reynolds Metals Co
30
*7%
7%
18
*2%
35
; :
24
*34%
7'A
*7
7%
18
181
7%
7%
9
'
27%
%
i7.f
7%
*42%
44
iff
in
82%
24
*8%
v
*26%
;.;
4%
24
*4
*4
*17%
3%
Apr 30
Apr 24
Mfg Co
7%
340
7%
*79
4 Va
X23%
*7
4%
4'/a
4'A
*35
7%
18
270
300
7%
82'%
24
23%
7%
*4
*79
83
*4
7%
*17%
Dec
2
Jan
•
4%
*6%
c
7%
7%
83
23%
23%
35
7%
4%
23%
37
*35
4%
24%
24
Dec
2
3% Jan
11
6%
10%
7'/a
Revere Copper & Brass—
1,400
83
57%
83%
Jan
88
39
Republic Steel Corp
6 % conv preferred—
6% conv prior pfd ser A
200
Y.Y.
5%
86
*79
Jan
62%
Dec
100
1st pfd
Reo Motors v t c
Y—w '
72%
5
& Co
Rensselaer & Sara RR Co
5,900
96
72%
72%
5%
20
.
14%
57%
*7%
4%
Dec
85
100
Preferred
300
3%
14
14%
400
'
39
*3%
*7%
8
Deo
47%
25
23
1% Jan
—5
—
Remington-Rand
3,500
"
*57
Hosiery
(Robt)
Reliance
8%
*3 Va
*72%
5%
Silk
20
....
25
2d preferred
Reliable
11%
*11
11%
8%
Y
65
*95
5%
50
preferred
Preferred
;..
64%
8%
*39
*3 Va
14%
50
50
34%
15%
7%
23%
11%
23%
No par
1
2%
July 22
Apr
Apr
2
100
Reading Company
4% 1st preferred
'• '%'■
68%
*13%
;;
$3
1.000
-
';
preferred
conv
3% July 10
55
88
"
*63%
,
44
*3%
•14%
*55
8%
2
2%
14
*11
22%
*24
'
63%
3%
*2
73
*6%
11%
8%
*63%
2%
Y
14
7
*6%
*10%
8%
24%
13
*55
11%
8%
*2
73
14%
:
14%
*24%
13
.
1
Raybestos Manhattan
Rayonler Inc
*12%
:
No par
Radio-Keith-Orpheum
42'A
9%
*24%
100
r.
42%
"
*24%
100
Corp of Amer
$3.50 conv 1st preferred
*40
17%
.•
*78%
100
2% '
Radio
*78%
100
*78'A
42
3%
3%
*78%
2%
*39%
•
3%
Y%
55
*78%
100
2%
42%
-
54%
*78%
2%
*40
17
•
54%
100
3%
114
49% Jan
6
113
Jan
Jan
6
110
Jan
8
Dec
60
Dec
6%
Jan
67%
Jan
34%
Dec
31 Va
Feb
40'A Aug
Dec
117% Aug
111
47%
Dec
48%
Dec
3%
Dec
6%
Jan
8
5
3
July
108
Jun
113% July
Saturday
July IK
July 20
$ per
$
share
S
1
l
*6%
7
*6 Va
7
*7%
8', a
*7%
8
1
*6
*7
7
*6
7%
*7%
7%
21%
22 Va
213/4
24%
25%
24%
25
38%
38
38 %
38%
38%
37%
31%
31%
31%
31%
32
31%
37%
31%
*24%
24%
24%
53%
53%
53%
'6 %
6%
6%
*3%
4%
*3%
4
4%
4%
*4%
4%
•v
*24%
25
24%
54
24
53%
54'A
54'A
6%
6%
6%
.
-54%
'
•ft
6%
*6%
4%
'
;•
*4%
4%
4%
4%
*12%
12%
12%
..
4%
47
4%.,,.i:
4%
ft ft
*1%
1 %
1 Va
Va
*10%
11%
*10%
IDA
*10%
11%
10%
*21 %
22
*21%
22 V2
*21 Va
21%
217/a
23
4%
21%
21%
21 %
21%
21%
21%
23%
23 %
23%
23%
24
24
4%
*4
*4
4%
*4
ft
21%
23%
'ft
1,300
300
ft
21%
Swift
'
*
*1%
8%
8'A
2
*8'A
8 3/4
ft
36
36
2 %
6'A
5%
2'A
2%
Symington-Gould
600
5°ft
10%
*6'.
6%
a
.
*'
*6 Va
6%
'.
11%
11
*6 Va
5%
40
3
■;
'
:
47%
%
3%
3%
*3%
19%
19%
*19 Vft
'
6a/i,
63/a
*19%
%
20%
103ft
%
%
*10Va
11%
10%
%
;
;
%
•
*%
'
8 Tit
8%
*
4 Va
*11
4 Vft
•
1
6
6%
6%
11 Va
*11
r
.
11 Va
*11
.
ft.
6 Vft ft
Vft
Vft
59
.
*11
..
11
11
11
11%
23%
23 Vft
*22 34
2%
2%
10%
11
22%
22%
l
38
*36
*2%
2 Vft
211
Jan
Dec
13% Jan
3
9 Va
Dec
18'A July
July 17
16Va
Nov
23 VA
1
9% May 20
17% Feb 13
3 % May
;
22
■"
2%
2,000
5% /
Apr
15
par
July 23
•ft
Dec
14
5
Dec
10%
Jan
Jun
11
32
Jun
44%
Sep
Dec
4%
Sep
May
60'A
Jan
4% Jan
5
34% Feb
•
38
28
27
50
2
2;
Mar .10
3
15
3 Va
27% Jan
2
ii Mar 27
3 Va
7
ii Feb
5
;
12
2
27%
Feb
37%
Dec
4
ft 8 %
10% Feb
7% May 15
preferred
$1.50
Dec
7%
Twin
10
ft—_'T—
11% Jun
Feb
par
No
1% Jan
21% Jan
5 % May
1
Co
6% Jan
Sep
11% Aug
9%
May
Sep
Dec
24
1% July
Dec
16
Feb
27%
Sep
Dec
4%
29
Jan
7%
Jan
;ft. %
Jan
275
16% May
9
Jan
10% Aug
Dec
5
42% July 24
16
17%
"Feb
9 Va
13
3% Jan
.
Dec
4
12
23% July
19% Jan
—100
—
par
No par
—
%
60
11% July 22
7% Jan
preferred—ft—
Coach
li
ft
67 V» Mar -2
7
Jan 19
.
4
5% Jun
Corp,.—No
City Rapid Tran
Twin
800
Film
Cen Fox
No par
Sep
Jan
ft 5% Jan
6% Mar
V1 Va July 10
8% Jan
35%
51%
Dec
July
% Mar 14
20th
Dec
34% Jan
4 %
5
56% Jun 30
St'L,
Jan
Dec
99%
43'A Jan
28
Jan
11%
65% Aug
Jan
Jan
9% Mar
July 10
Dec
95 Va Jan
4
,2,
West Air Inc,„—,5
—
Jan
1%
.
18
7
83
Mar 28
22
May 20
31% May 21'
—10
6
34
Dec
10% Feb
Jun
Aug
Jun
Nov
Va
ft,
12
8
No-par
40
Jan
24%
6% July 22
3
Sep
ft. 5% July
Dec
30
July
9
2% July
2% July 14
17% July
8% Jan
6% Aug
Feb
5%
20
42
2% May 20
41
Jan
7
.,' 5 %• Jun'
Sep
7% July
9'A Jan
38% Mar 27
Jan
387/8
Dec
3%
20
4 Va May
5V« Mar
6Va July 22
3% Apr
Dec
30 Va
12% July 24
6 '
Sep
46%
Dec
2
7% Jan
9%
Feb
2
27
Jan
Dec
:0
Jan
3
Nov
3%
Dec
34%
——1
360
•
6
•12% Mar 17
900
A:
16
3
3,000
5%
9% Jan
39'A Jan
'
28
5%
38 Va Aug
Dec
1 Va
•
3
Sep
7% July
3% May
27
2'A Jan
Aug
24%
Dec
May 13
'33% May 21
,
Jan
5% -Aug
ft 25
Dec
3%
4% Apr 28
1
.100
Axle,—,—
Detroit
Truscon Steel Co—
10,200
42%
38%
•
7
16%
ft
51
5 V. Jan
ft 5
11
7% May; 14
Apr
28
;
19%-May
$6 preferred,——.
—No-par
Truax-Traer Corp———--No par
50
2%
.
•
Apr '20
30
(J R)_—
Tri-Continental Corp
2,000
ftft
Apr
26
24% Jan
27
1 % Mar'
Transit Corp.,No
Avenue
Trar.sue & Williams
ft
23'A
23%
3% Jun
Jan
25:
July
2% July
Dec
3
6
3% Mar
27
20% Apr 30
—
Transconi'l &
700
ft /
:•'••;•,,
11%
•/ft.'
Dec
1 Va
preferred
ft—No par
i—No par
Transamerica Corp,
ll'/a
:•
>,
ft
6%
11
ft
5%
5%
59
*11
Va
36% ft.
36%
5%
5%
5%
*5%
38
*36
37
37
5 Tb
*5%
5%
2%
2 Va
*2 Va
2%
38
1%
l'/a
23%
2%
ft
103ft
22 7
11%
*10%
11%
10%
2%
6
11
22%
Aft
6%
11%
10%
:/.'
9%
6
12'A
14
6
Timken
3,000
4%
59
*11
23 %
*5 Va
ft
9
1% Jan
28
Apr
14
Timkeri Roller Bearing,,1'
800
*4 Va
59
59
11%
•
200
1,300
ft-:-
25%
39%
1%
ft"
1
•
15 '/8 Jan
1
par
—25
ft—J
-No par
Thompson-Starrett Co,—-No par
$3.50 cum preferred—'-—No par
Tide Water Associated Oil
—ft,10
$4.50 conv preferred——,—No par
1,500
91
90
11%
*10%
Va
Jan
Ml% May 13
Thompson Prods Inc.
200
/
A
9%
6%
10%
*34 %
1
9
6% Jan
Thompson
1,700
:
8%
39%
,'.
4%
126
34% Jan
200
Dec
Jun
.Dec
Apr 28
800
•
/ 10%
*25%
-ft'
::
-6
*22%
a
'ft .ft,
Third
800
;
:
,■•'%
•
ft,'. 8%
63a
6 Vft
%
ft.
10
10
593/4
593A
.
A'
-20
1
»
40
4%
.
11 Vft
1 Va
59 %
Vft '
4
*10%
1 Va
*i
6%
*18T(i3
25%
ft*39Vft
10%;
*10
11%
*10sb
60
*6 Vft
.
Jan,
66%
Apr
3%
,i;
r—ft
100
Thermoid Co-————,—,1'
ft' $3 div conv preferred—,—i_10
—A
8%
117%
May 26
Pieferred
—
300
•
/Aft
_
'
4 Va
Vft
10 VA
io:
1 '.'8
'•
*58
60
*58
-
11%
*10%
1 Va
4
4%
10 Va
•
11%
*1
Vft
4
10%
40,
40
3%
ft 35
10%
91
.
8% July
Dec
3
5
The Fair,
ft
.
ft ,/.: ft;
8%
253/4
26
100
Nov
6'A
14
2
conv
8% Jan
-
Jan
28
$3.60
ft.
3
47-ft
2%
11
*88%
91
40% r
ft
-*2%
%
%
*10%
ft ';
ft
5%, Jan
126
13
par
'—No
Thatcher Mfg CO——---No
200
Aft
6%
39
*3%
1,000
:V
Jun
66
•
3% Dec
50
———_No par
Sulphur
Texas Pacific Land Trust,——
-
Dec
Dec
48% Aug
Jan
.40
)
Dec
4'A
ft
Pacific Coal & Oil—ft——-10
Texas Gulf
Texas
Texas & Pacific Ry Co—
19%
.
8%
253/4
25%
40
ft *9 Va
4%
*9%
*88 Va
91
Va
Texas Gulf Produc'g Co
900
7,100
*33
6 Vft
6 Va
—•ft
8%
•
1,300
-
3,600
*2%
2%
19%
11%
8%
8%
25%
40
*39 Tu
40
*39 5«
*88
25%
25aft
20%
263g
91
*88%
91
*88 Va
,.,
8%
8%
*
4.V
i
*10 Vft
11%
*10%
'
*8 Va
*2%'
6^8
20 Vft
5,600
' '
■'
Apr '28
•ft
3% May 28
116% Apr
——_5
(The)L_——25
ft'
*43
35
B
Dec.
Nov
34% July
46%
3 Va May
55%. Jan
43 i
Corp,,,,
Texas Co
5%
;
3%
33/8
2%
*6%
20%
%
*
2%
.
Tennessee
12%
*6
47
*33
2 Va
*19 Vft
0
6
6
*5%
ftft ft
35
*33
*2
ft. 2%
39
3
*2%
*46
33/8
3%
-
35
*33
2%
*2
2%
2 V»
35
*33
35
*33
33a
*3%
200
ft'
3934
ft
*39
47% %
*46
47 Vft
*46
*46
'
ft"ft"
,3 -v':;
.
4 Va
5
Apr
19% Mar 11
600
6%
ft
51
.■■ft.-'
21
,
32
5%
6% ft
"
6
.'t
ft
v
5'A Feb
partic
11%
:
.' 9
6%: July 16
27
5% Jan
_1
-
/■>•."
'*31%
6
11%
11%
40
*2 Va
3
*2'A
.
,
3
%
47
*45%
3:
*2%
-r
•ft"
6 V2
,
:•
6
6Va
11%
«
9
4
—
Corp
" ft,
•
.6'A
•'
29
16
ft3Va Mar'
ft; 4
•5%%
.—
A
2%
/•A// 6
6%
•Jun
Dec
33
..
57
ft
2
22% Mar
25'/a
Feb
; •
ft3% Jan;, 2
Talcott Ihc (James):—9
___
■-
ft:
•
36
31%
2%
*31%'.'ft ' V.-
•'
3
16
4% Jan
preferred,,,'
ft50
Telautograph Corp.—-———-J—5
1%
8'A
353ft
36 Va
2% ft'
6%
■
:»/. *39
'
*2'/a
31%
*6%
•
r'
353/,
v
11%
•
0%-
*39
40
*39
40
*37
•:' %'
53ft
*5%
5%
.*10Vft
•:
*
,2 Vft'
31%
-6%
-ft
8 Va ft.-
8%
"
363/b
31%
6 Vft
"/ft. *6'8
6 Vft
6 Vft
1%
8%
ft-.'.'
■
'."ft":
37
*33%;
2
ft:: /
4%
*4 Vft
.
5% Jan
&'Co__—2_—A__25
'
2%
31%
ft
.
37
"ft*l%
8%';
.-"ft
2 Va
31%
-
10%
•V
2
*8%
V
36%
31%
'•
*1%
36%
2 Vft
53 ft
*9%
8 3 ft
*31%
ft
2%
31 34
*6%
1%'
8 Va
36%
363ft
36
*31 *A
1%
*
4%
"*4% ft,
*33 VA
37
*33 %
37
*33%
4%:"ft
*4%
4Tft
*4'A
4%
a
37
2
*1%
41
*33 Va
33'A Jari
,
21 V« Mar
25'/a Mar
33
Jan
4% Mar
17% Mar
34% Jan
28
May 20
Apr 24
,
42
—12%
(The),
Swift International Ltd,
1,600
4
'
•
37
33 Va
Co
Sweets Co of Amer
2,200
233A
4
•:
■
4%
*4%
*
cum)
Superheater Co' (The)!-,1__No par'
Superior Oil Corp,.
—
1
-Superior Steel Corp——
,,100
Sutherland Paper Co__
10
200
233/,
4%
4
4
___100
A—
100
pfd (4%%
.
*
21%
23%
4%
22
23%
21%
23%
•
21%
4%
ft
A
Sunshine Mining
.ft 200
ft
5
*4%
Class
.ft 2,600
'J900
21%
21%
Dec
24
—__No par.
Sun Oil Co
250
—1
(The)'—
Studebaker Corp
500
V
/
11%"
*10%
ft
-
5%
*4%
5%
%
*4
5%
4%
...
22
900
1,100
l'/a
1%
10%'
'•
*4
4%
4%
1
DA
1%
10'A
5
25 % Apr
Stokely Bros & Co IncA
——',,1
Stone & Webster———-——No par
100
-
-ft
-ft -v'ft;
'"ft.'-
13
*12%
1%
*1%
11%
500
ft''••ft. 1
4%'
4%
•.
13
13
13
1,000
-1'
••■■
ft .ft
46%
124
124
124
*10%
1%
4%
14
22% Feb
6
•'
3%
43/4
13)4 Jan
14
27
800
46%
47
..:
124
•4%
4%
.
ft-
28
Mar
42 V< Jan
Indiana.—-25
25
Standard Oil of Ohio,
———,25
Starrett-Co (The)' L S——-No par
Sterling Products Inc—10
Stewart-Warner"' Corp——5 -
1,300
*3%
4%
Apr
27% Jan
(,
4%
3%
4%
■
124
13
13
12%
-
47%
*47%
4»A
4%
12%
4%
'4%'' " ft.
*123
124
*123
124
4%
47%
*47%'
47%
47%
*123
4%
6
18
Apr '28
r
4%
*3%
..*4Va
3%
3%
4%
4%
4%
4%
4
4%
*3%
Dec
30% Apr 24
6%
-
*6%
8%
20
54%
54
6%
...
14
Standard Oil of New Jersey
-»
t
24%'ft
*23%,
24 Vi
*54
24%
53%
24%
315/8
11% Jan
Standard Oil of
13,700
383/a
31%
14
share
1%
% Dec
*'■'
6.300
"
31%: -ft.
7
6
5 Va May
Oil of Califft—No par
t per
Nov
Jan
1% Jan
Standard
\
•
373/4
38%
'
Va
6
7,10C
ft
21%
25%
$7
$ per share
$ per share
25
ft July
$6 cum prior
7%
22%
31%
*21%
*7
7%
Highest
Lowest
_
•% Apr
par
preferred—-No par
preferred..,—No par
cum prior preferred,
No par
$4
3,900
-
25 V«
37%
Va
v
1
Highest
sliare
$ per
Year 1941
lOO-Sh^ra Lots
of
Basis
Lowest
...
,
Standard Gas & El Co--—-No
7
22%
ii%
124
Nil
*6
7
22%
25 Va
-
On
'
••
Par
600
25%
37 Vb
4%
%
22%
25
EXCHANGE',-
Range for Previous
Range Since January 1
w
-
NEW YORK STOCK
•,
Shares
24Tb'
21%
48
I
*7%
22%
21%
25%
"47
18
share
ft
-12
1
1
*6%
21%
*123
share
%
fa
t per
•ft
$ per
7
•
24%
4%
%'
for
the Week
July 24
July 23
«
Sales
Friday
Thursday
$ per share
per share
•ft'
ii!
%
•ft
1"
%
%
July 22
-
July 21
share
per
STOCKS
LOW AND HIGH SALE PRICES
•Wednesday
Tuesday
M6nday
Monday, July 27, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
9%
Jan
U
36%
36 %
36%
8%
8%
:
'
83)
:
8%
-.
68
68
113
*112
105%
105%
*105%
106 VA
ft' 105%
105%
105'A
'11%
il %
11%
ll3'a
11 Va
11%
*11%
70%
70%
*70%
71%
*76%
76'/a
*76 %
77,
*23 Va¬
23%
*23%
24
.
113
*112
70%
68%
76 Va
'
26%
26%
93%
93%
933/4
11%
11%
14%
14%
26%
vft
76
ft
"44%
11%
14%
14%
all
*2%' :
3
*4%
5
41
*40
40
.40
27%
55
*26%
55%
*27
54 Va.
14%
27 %
3%
3 Va
■
3%
3Va
*3
3%
*2%
3
*2%
3
79
*78%
79
32
*30 %
3 PA
*7%
7%
*51%
*169%
170
8
*7%
52%
.
78%
169 %
169 Vi
5 %
5%
*39
11168
29%
*29%
29%
*3%
*5%
40%
3%
'
4
13
13
*105
114
*106
26
.26
*25%
26 %
29
*27%
29
'24
23 %
*27%
*25
k
%'
*39
29% ;
3%
13
13 V8
13
"
53
5%
40%
'*3%
'
31
7%
7%
*79
82.
31
31%
,
-
*7%
7%
4
*5
•
*7%
ft
52%
52
*39
29 Va
31
2%
3
*78%
79
*30%
*3
3%
.
*
112
53%
54
174
5%
5%
29%
29%
3%
3%
106
112
26
24%
ft
28%
12%
*106
26%
24%
%
18%
18%
18%
18%
18%
19
18%
83%
83%
83%
82%
83
83
84%
*43
45
44%
44%
*44%
72
64
64
*63
49%
49%
50
*63%
49%
49%
109%
109%
J.09%
110%
110%
*20'%
20%
*20 Va
20%
20%
*42
46
*43%
45
For
footnotes
see
page
*43%
319.
46
70
45 Va
*64
7%
*7
51%
53%
*168
"ft--'. *5
39%
-ft1'
13 Va
26%
*43 Va
72
*64
'
,
39%
'
50
.
U S & Foreign
;
ft;
ft
■
1st preferred
$6
.
82
45
72
*64
48%
50%
47%
48%
111 Va
110%
111%
20%
*20%
20%
20%
20%
*20'A
45
*43 %
45
45
*43%
47'A
110
44%
|
72
47%.
12,700
1,800 ft
100
28,700
110-%
2,900
20%
400
45
Jan
104% Jan
5
9% May
17%
Jan
Apr
17
1
46
20
3*a Jan.
2
U S Distrib Corp conv
—ftNo
par
Preferred
U S
Steel
—
—
Tobacco
1%
ft———————50
Corp—ft———.-No par
Preferred
U S
,10
preferred———— ft——100
Co,;
preferred
———100
—--.No par
—
—25
3
vft,
ft:
ft
,
3%, Apr
Dec
60
4 Va
100%* Dec
15 % Jan
30
4% Feb
27
3% Jan
25
33 Va Jun
29
11% Jan
26
54 % July
7
1
20
Apr 27
% Apr 17
May
26% May
13% Mar
54
6
Mar 10
July
9 ft ft 37%
Dec
170
14
Apr
9 Va
33% Aug
2%
Feb
20%
4%
Apr
Dec
„
Jun
Aug
10%
Dec
5%
6-
Jun
Apr
54%
26% July
Jan
43
10
July 24
Jan
Feb
Sep
105
Oct
31% Aug
34% Feb
Feb
2
25%
Dec
24% Jan
25
18%
Apr
Mar 11
%
Dec
9
13%
Dec
28%
84% July 22
14
58
Dec
103 Va
Sep
43%
Dec
65 Va
Apr
69
Dec
76%
Jan
47
Dec
70%
Jan
30
1
19% July
55% Jan
3
13
105%
Jan
5
19 Va
46% Jan
14
29
69%
183
4%. Feb
13% July 22
Jun
Oct
July
6% Jan
4 Va
Sep
July
Dec
119% Jan
15% Apr
4
93%
Jan
7%
30
39%
4%
Jan
Nov
19
ft
51% Jan
107'A Jun
14%
Dec
17
58
Apr 28
44 V4 May 20
37 % Apr
117
13
ft
5
114
Dec
9%- Feb
Jan
172
Jan
10%
Dec
83
5% July
79
Dec
2%
6
Feb
2%
ft
Nov
42
•
8%, Apr
20
22
ft ft.
Sep
3% Sep
51
•
Dec
5% Jan 16
106% Jan 17
17
28
/*
ft
May
27
2% Apr
Dec
30
Jun
preferred—————100
U S Pipe & Foundry—20
U S Playing Card Cp—,10
U S Plywood Corp..,:
1
iU S Realty & Impt
—Jo par
1st
5
,
34% Jan
2
Rubber Co
27
Feb
5
40
20
Smelting Ref & Min——,50
Mar
1%
20% May
10
28
Jan
S
Jan
30
Jan
8%
6% Jan 28
3
July 16
0%
33
7
U S
Jan
Jun
24Va Apr
ft'
Sep
2%
ft 35
.
ft.;: ;'
Feb
;
Jan
7
99
U
Sep
34 Vt Jan
Alcohol——No par
Leather Co
21%
,
1%
Jan
1
4% Apr 27
ft—52 ft
Dec
-
15
30%
87
May
Dec
35
;ft
14% July
Dec
9
159
113%
Dec
17
6V4 May 14
40'A May 13
Freight Co
Dec
Dec
13%
"2% Apr
17
BVa
.>• '••'• ''•'' ft»
72 Va Jan
/
July
5
77 Va Apr
,
—_Nd parU S Gypsum Co—
;—20
1% preferred
—
100
U S Hoffman Mach Corp
—5
5%% conv preferred—
__50
U S
Mar 12
9
26
.31
15
50
ft 93% Mar 27
11% Apr 28
3
Feb
% Jan
16% Jan
ft 34% May 12
11
July
-t
ft
108%
ft
1
ll '/a July 24
3% Mar
5
Mar
112
27
May
'
•
12% July 15
/15 ft,i- July 15
Jan
16,
Partic & conv cl A,.——No par
300
200
44%
):■ 37
—10
No par
No par
pfd——100
Prior
600
18
Dec
■
—
Paperboard,,,ft—
Secur_„ft
United
•
29
17%
28%
y
y36%
1
1
113
*81Va
Dec
6
3% Jun
Gas Improv't
5,600
*44
24%
Jan
4
1
13'A
24%
24
3
U S
*27
Feb
ft- 30
48% Jun
U S Industrial
1,100
Jan
25% Jun
Co——
1,600
26
8o%
No par
United Fruit
2,000
26
Dec
No par
/ft $5 preferred——
-—No par
United Mer & Manu Inc*%t e—lftft.1
200'
5%
*23%
18%
30
73
ft.
United
2,300
ft
'6
ft
4 Va
110%
*43%
'ft
52
174
81% Feb
28
28%
110%
50
200
liT
83%
45 %
'7%ft'
Jan
17
15
13
ft
*107
112
780
Sep
85%
1% Apr
4
28%
29
4
80
;
33%
16
Dec
4% Apr
100
400
82
'ft
174
.
17%
3% ft
Dec
Inc——,,^5
1
300
3
..31%
31%
29
81
2%
.
Sep
11%
9% Mar 10
United
1
Nov
112%
57%
Dyewood Corp,^—„——10
Preferred
,100
United Electric Coal Cos.—
ft,5
United Eng & Fdy————^,5
United Drug
115%
Dec
•
5
104% Mar 24
$3 preferred,—par
3,000;
*79
'82
24
ft
19%
*82%
.
*3
,
-ft
par
Jan
106%
6
29
No par
United Corporation—
3,400
4,300
7.500
14%
July 13
Jan
13% Jan
7% Apr 17
par
Carbon Co———No
Sep
xlll%
113
77% Feb
89
Unlted-Carr Fast Corp—ft,No par
3,100
ft
——No
United
100,-
"-3%
'101
14'A
3
2%
*23%
29
24%
3%'
ft *98
i4%ft'
*26
273A
29
24 %
'
Co—
Biscuit
Jan
79%
1
23 Vs Jun
,5
preferred,—ft_ft_——ift,,_100
ft; 12%
ft'. Feb
2
22% July 13
-100
100
900
55%
preferred—;
ft, Dec
60
27% Dec
ft:
74'/a Jun
,5
400
50
ft'
4%
'
5%;
200
26%:
54%
40%
4
%
*27%
23%
:
*39
26%
%
3%::ft
100
45
;
conv
Sep
7
3
108
'
1,800
3
*4%
'
5%
4
26%
..
r.'ft;
26%
50%
*5
....
30'A
114
*107
26
5%
13%
13
13%
53
*168
40%
*39
40 Va
54 Va
174
*168
ft:
14%
14%
*2%
79
3%
100
ft ft
;
5% ft
.
United
5%
400
___
11%;
*40%
•ft
5
27%ft ft
55 >,4
3%
-.J
.:
3,400
/ A*
5%
•ft;
Corp—_ft■.
Aircraft
37%
5
10
May
63% Jan
Tank Car ft—ft—i—No par
United
9
9 V. Jan
74% Jan
May 6
lOO'/a Mar 24
—25
Un Air Lines Transport,;
ft--..
A
'
preferred
39% July
17,
Apr 28
108
100'
ft.—,,——.100
6,000
:-
3
■
2% ft.';,
43
4%
101
■
aa
4%
Union
200
58
.ft
Pacific RR Co—
4,400
ftftft ft:/-;.".
19
11%
5%
.
*40%
.
56%
*3
3
u ft
11%
V
143/4
46
*17%
1,700
Union
7% Apr
;
Preferred $4.50 series——.No parUnion Oil of California,——
ft j
ft://ft
'
110; :
ft'A >44%.-
■
■•
*26%
14%
*2%;
*30%
19
5%
4%
3%
*3
Pa
-
27%
*99 Va
14%
-'ft
,
ft
No par
No par
pfd.—-No par
ft-
11%
14%
ft *106
45%
ft ft* 2 Va, ft,
40
56%
3%
14%
14%
,
ft,;,:.111%.
3
'
*26%
101
:
f 5%
.
4%'V
50
*99
5%
40
t-
u<
11%
*2%
5 'ft
55
14%
14%
ft
v
41%
*26%
3%
•/ft11%
3
*4%
100
100
100
*5%
*40
55
A
*17%
19
*17%
;i«f
n4«
5%
%
ft. 45
45%;
r»v ■.
•
'•■a
('a
*2%
27%
3%
3%
3%
*98
ft* 106
110
45 '/a
A
95%
11%
A;.
14 VA
110
^
'■
4%
4%
"
!%*':
'
US
11
-
3
*2%
11%
.
14%;// ftft/:. 14%
Union El Co of Mo $5
700
757/«
25%
*94
Carbide & Carb—ft
1,200
•.
i
253/a
95.'A ft.
„
.11%
12%
12
r,: 14%
19
*17%
•
5%-
5%
5%
5%
11%
"'ft
46
••"
iii
11%
|$
v.
11%
11 Va
*94
•",
Union
■,.•
23%
26 Va
'
'
j|.
-
'ft
9
aV
•
■A'
A
9 4 Va
*106
110
'ft ft' /ft *44%
46.
18.
18
18%
*17%
•
14%
*106
110 ft A:
*106
,1*44%
46
12'A
14%
-ft'."
■
27
94%
:
75%
25%
26%
A
93%
11%
11%,
ft
110
*106
•'/■
•>
ft
71
:ft *23%
23% ft
.-
Union Bag & Paper,—,,,
2
28% Jan
No par
3,000
140
113/4
70%
7 6'A
23%
,v.:
■'•
11%
■
f
106'A
106%
-
70'A ft,70Va
76 '/a
'24%
ft
-
67'A
113
*112
Fisher Co—
Elliott
1,800
•
Under
7,100
8'Aft,
ft 66T/4
■
11%,'
11%
71%
76 Va
26%
93T4
26%
93%
:.
105%
105 'A
.
/.:„
12
*23'A
24 /ft
V; ;•• * 23 Va
105'A
"
*26%
/•■■A 8%
113 —ft
;
/ft,
36
353/4
8%
.
C7 Va
*112.:;
113
:■ 71
A
71 %
76%
,ft
.
,
'
113
*112
/
83/a
683/4
68
'112
36%
36%
83/4
•
68
68 Va
07 a4
68
•■'A.
A-
37
36%
363,'i
OVa
36%
8%
36'a
*8%
•
71
24
Jan
19
42
•.
Sep
2Va July
130
Dec
Sep
Jan
33%
Dec
Mar
26
x
Jan
50%
Nov
Volume 156
Number 4093
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK
LOW
AND
Monday
July 18
July 20
July 21
$ per share
$ per share
$ per share
%
lil
%
Tuesday
,
,
•u
tt
Ma
42
*37%
41 Mi
*37 Mi
*12 Ma
13
*12 '/2
156
*152
17
8Ma
jo
*24
*16%
<
f.21%
.*•115%
116
NEW
*152
13
On
Shares
Par
ii
500
United
k
400
United Stores class A_
,*12 Ma.
100
13
52
150
*145
*152
156
*152
Corp
156
52 M2
160
Universal
1
No
I
12
1
Jan
%
Dec
42%
Dec
12
52% Jan
43%
150% Jan
159
41
147
Apr 30
$ per share
Dec
i«
Feb
14% Jan
142
Highest
S per share
ii Jan
July 15
May 6
Apr 24
100
1st pfd—
S per share
44
par
No
Year 1941
Lowest
May 20
«
100
Leaf Tob
Range for Previous
Lots
Highest
% May 25
% Apr 15
34'
par
8 Ye
preferred—.
Universal Pictures
100-Share
$ per share
.1—5
preferred
Universal-Cyclops Steel Corp
•
150
*51 Ma
Stockyards
$6 conv
Basis of
Lowest
41%
*145
156
Range Since January 1
STOCK
n
52
150
YORK
EXCHANGE
*37%
%
41%;
*12 Ma
51%
*145
1%
Jan
IMi
Jan
Jan
Nov
64
Sep
May
157
Jan
133
21
Sep
16%
140
Jan
62
Jan
162
Oct
•
May
*1%
1%
34%
1%
116
1%
15
1%
*14 Ma
15
*14 Mi
*25 Ma
23
26
26
*28
28 V*
28%
28%
75
75
*120
*75
130
" 1
*18
77
"*18%
19%
*14 V*
15
75
/
*21V*
*14%
17
*75
*122
*14 V*
85
125
*75
85
125
*120
125
V
,
'
j
125
19 Ma
7%
*18 Ma
19%
; 7%
7 Ma
Y
*18%
7 Mb
7%
18 Ma
18%
19%
7%
18M4
20
15
Apr
31
3
15%
Dec
34 Ma
11M3 Mar
2
8%
Dec
15
Mar
24 Ma Jan
7
20% Aug
28
July
116Mi July 15
41 Ma Jan
6
lllMaDec
116
19
24
Mar
-9
112% Jan
12
% Aug
Dec
Jan
Jun
45
Aug
July
55
Jan
19
57
Mar
57
Mar
57
July 10
66
Aug
66
Aug
20
Mar
1
18% May 26
1
«•
Jan
19
May
57
Jan
110% May
19
2% Jan
8
_No par
39Ma
25 Ma Jan
IP
%
Dec
July 21
18%
Dec
2
22% Jan
par
^
July 10
30
53V* Feb
-
5-
No
7M» Jun
•
37
115% Feb
4
Sep
2%
Jan
28% July
118% July
114
Dec
14
Jan
Jan
29
11
Dec
23Mi
—25
24
Apr 29
31% Jan
20
30 Ma
Dec
42
26
May 22
29M2 Jan
7
29
Dec
33%
70.
Jun
96% Mar
5
89
Feb
105
Nov
9
135
Mar
143
Jun
Preferred
—25
—100
-
100
;
Vultee Aircraft Inc—'
400
$1.25
-
120
.1
preferred
No
3
19
24
Mar 11
138
6% May 22
-
25
27%
pfd—100
'
1,100
18 Va
6
20Ma Jan
Coal & Coke. 5%
i
10
7Ma'
U Jan
29% Feb
30
20
—100
—
Y
"
Mm; 7%
•
100
x—
2
Ja'n
•-22
-
Virginian Ry Co
6% preferred
!
Vulcan Detinning Co—
600
f
V
L.—
div partic preferred
& Pow $6 pref
El
Va Iron
300
85'
125
Va
f
!
27 Ma'
27 Ma
6%
30
.
preferred
Va-Carolina Chem
700
•;
•
5%
Victor Chemical Works———
p,900
17
26
*75
,
1
t
;
.
100
i
115%
*25%
28
% Jan
14Mi Jun 25
par
*
—M
36
—No
——v—.———100
7fWst preferred—100
Vick Chemical Co_———5 %
Micks Shreve ■& Pac Ryx
x—100
a—
2
35 Ma
115 M4
,26
28
J
22 V*
*1%
35 Ma
*25%
-
50
100;
S3
*57
116
28
-22Ma,
*37%" 38
1 Ma
34%-
*115%
26
27%
)
Sales
Vanadium Corp of .Am———No
par
300Van N01 man Mach Tool—^
—2.50
—Van Raalte Co Inc—t.mi——
-5
400
116M4
.'1*49 Ma
22%
...
1Mb
36%
77
*120
*21
115
>26
28%
77.
<.
125
*7 Ma 'V 7%
7Ma
-
*28
*120
•
15
25%
257/e
Y
?•;•*'
53 /V
75
i 2
35%
115
38
v
v'
8%J
*115
*49%,
23 Ma
*1%
•
116 %
Vadsco
Preferred-_i
16Ma.
*21 Ma
•
*57
.
-
300
25 Ma
16%
*7%
22Ma
*37%
53
>
8M4
*115
75
37
116
8%
*21%
38
*49%
*21
1%
35
116
'
116%
*57
.
23 Ma
*115
34%
:
*114%
*14
75
*21
)
.
•*37%
53
*57
23
34%
34%
114 Ma
*49 Ma
60
: *21
22
*115
16%
•
22%
*24'
25%
*16Ma
-
8%
*22
116 %
53
.
t
-22 Ma
*37%;.38
38
*49 Ma
*57
'8%
*24
17 Ma
Mi'
%
1 (j
25 Ma
17%
8
*115
•
*24
17
*21%'
•
<•%
''
25 Ma
8:
116
*37%
38
22
17
22Ma
•
60
*7
%
*38
J
13
51%
,7«
•
*24
8
53
M?
Ma
16%
*21%
116%
38
* 25
*7
22 Ma
*57
,
$ per share
for
'
156
*%'
'
*78
%
26
*16%
*
the Week
■
*%
49
'/a
40
.
*12%
150
*152
158
*23%
*8
*145
150
*y
40
51 Mi
51 Mi
'51J/4
*145
149
*152
•'
*50
Sales
July 24
%
(!i
Ill
Friday
'
13
51Mt
$ per share
per share
n
41%.
13
*145
*
$
y
*•13
*37
*50
Thursday
July 23
]!i-
ii
STOCKS
Wednesday
July 22
*12 Mi
,
RECORD
HIGH SALE PRICES
Saturday
319
Jan
Sep
Jan
Feb
10 V* Mar 25
16% May 22
25
Apr
1
.21 Mi July
30% Jan
26
<7% Jan
17
6M«
Dec
18Ma Feb
4
15M4
Dec
5
96M2
Jun
105 Ma
Jan
Dec
6%
Jan
par
W
22%
22%
22
/
•
*6 Ma V
7 Ma
'
*
102 Ma
*3%
3 Ma
3 Ma
3 Ma
,34 Ma
34%
34%
34 Mb
35 MB
35M4
.
15%
*15 Ma
15M'4
3%
*3 Ma
3M4
%
•
*21%
22 Ma
5%
*21M4
M
5%
*65
67
*
5M8
>;
67 Ma
lli
IB
:•
IU
53/4
1
*23
27
*23
*23
27
,
*25Mi
*22'/a
26
,
27
27
27 V
13
*15 Mi
16 Mi
2Mb
2Mb
2M4
*17
69
Ma
44 Ma
13 Ma
13%
*13
13
*99
2 Mi
70%
Y
25M4
-
70 Mi
71
29
*27
/
105
105
*40
50
preferred
Bros
16
.
3 Ma Apr
_
,
23
Ms May
16
Pictures—____——_5
36
Jun
3
16
97/a
Apr
22
25Ma May
Jan
36
Sep
5
ii Feb
xl2Mi
Feb
15 V*
Sep
6
'
3Mi May
2M4
Dec
8Mb
Sep
Jun
18
M«
Dec
1Mb
22MaJuly
3
13Ma
Apr
26 Mi
5% Jan
3
2%
Feb
6%
«
17
4V* Apr 27
x65
May 14
par
5
15% Jun
4
Feb
Mar
4Mb Jan
258 Jun 22
.
.../
^100
—
102
31Ma Apr 17
l374 Mar23.
r
par
$3.85 preferred—X—No
*81
84%
U
74
Jan
16
% V4 Jan
29
70 Ma
*81
50
29
53
Jan
Sep
Dec
77
Dec
50
*81
*61
21%
613/i
61 Hi
*61
* 12 Mi J 13
13 Mi
21 Mi
*12 Mi
.
13 Mi
84%
>
13 Ma
*61
:
4
*2 Mb
4
.
.
*21%
22
*61
61 Mi
12 Mi
12 Mi
*13 Mi
21 Mi
40
18
.-*25
*17 Ma
18
*2 Mb
2%
1Mb
'
•;
4 Mi
*4%
*61 Ma
4%
v
28%
*107 Mi
118
*18Mi
20
28 Mi
M
28%
117
*16 Mi
*120
Mi
.*120
45 Mi
*47
48 Ma
*85
90
*51
52
•18 Mi" 19 Ma
.
16 Ma
*110
11 Ma
125
Mi
13%
81
'61 Mi
4MB
61M4
'
Elec
>.
Jan
9
112
Mar
117%
Jan
May 6
May 28
$4.50
5%Mo
conv
Dec
Jan
20% July
2
104 Ma
Apr
16 Ma Jan
3
15 Mi
Dec
29Me July
■3 Ma Jan
27
IMi
Dec
4% July
8M4 Jan
28
May 20
18
May 27
Apr 24
29
23
Apr 28
22
-
15
106% Jan
104 Ma Jan
Mi May 18
63 Ms
Mar 11
100 M2 Jun
par
6
Dec
9
117 Me Apr
—No par
preferred—_x——No
Feb
88
Apr 28
13 Mi
U-50
74% Jan
113% Jan
18
22
Me Mar
1
4 Mb
-,x—l__50
65
115
23'% Feb
Instrument—^—-12.50
6
4 Mi
107
Dec
UJm
27
aa
2
18%
19
Mi Feb
5
15
Dec
81
Mi Jan
127
9
'
/
<
July
1 %
Feb
May
31%
Feb
27 Mi Apr
.
Oct
Nov
24% July
6
71
Oct
105
Jan
Jan
28
118
Dec
141
Mar
29 Ma Feb
2
3IMa Jan
8
106 Ma Jan
7
27%
27 Mi
Jun
34 Ma
Apr
105
Jan
36Va July
Apr
112
Aug
50
Ry Co——100
preferred—'—4,-100
20
,
>
Apr
18
50
Apr
18
60
Aug
65
July
80
-
July
9
93
Jan
22
85
Dec
100
Jan
25
27 Mi Feb
4
21 Mi
Apr
30Mi July
16 Ma
19 Mi
28 Ma
.
18 Mi
*43 Mi
*16
457/a
'.
16Mi
46 Ma
50
87
52
*18%;
.19%
11 Mi
4Mb
118
.
58 Ma
Dec
76
125
*6
80
*8
.
.
87
52
*19
*48
15 Mi
4%V
j
19
t
100
7,000
i
*6
*79
8Mi
80
>,*110;,.;
,v.*48r
95
50Mi
;
,
J 200
j 100
70
^
IF
*115 Mi
6
'
3,500
19 Mi
10M4
•
t
f
*79
»
400
7
' ^
Preferred
6 V*
30M?7
400
*79
•
8
Y
ive
*8
80
"
■
8Mi\
4,000
1
1
•
5%%
800
No par
—No par
preferred series A
xlOO
Youngstown Steel Door—T_No
par
17M4
Mar
6
40
15
6
3Mi May 13
May 25
107 Ma Jun
1
4% July 17
27
3 Ma Jan
2 Mi
2Mb
Dec
Jan
Jan
8% July
Dec
5%
53
Jan
12
41
Feb
54 Mb
Jun
22
Vi Jan
13
18%
Dec
26 Ma
July
2% Jun
18
IMi
Dec
1% Jan
3
1%
Apr
2% May
2Mb Jan
Mb Jan
5
'6Mi Jan 20
3%
Apr
6
6
73Mi Jan
108 M2 July
Mb
Jan
Dec
4Mb
Dec
7
13
60 Ma
Dec
77
Sep
Sep
7
109 Ma
Oct
115
Nov
'
18Ma Jun 25
.
..
24
Jan
7
19Mi
Dec
33%
Jan
21 Ma May
-
29
July 23
23 Mb
Dec
34 Ma
Jan
6
14Ma Jun 22
4 -118 Ma May 27
111
Feb
13
42Mi Jun
-
17
Y 44
80
-39
Jun
9
Jun 23
Apr 24
.15Mi Jan
2
10Ma Apr 28
100
Ypung Spring & Wire—
Youngstown 6 & T
15 Mb July
Dec
56
—^-10
Yale & Towne Mfg. Co———„x-25
Yellow Truck.& Coach «1 B—„
i>
Jan
10%
4% Apr 29
v————__10
Cox-.
10 Mi
5
IMaMar
-
^100
'
30%
>
•
125 -S
*5Mi
31
.80
8
8%
-
(F W)
17
IMa Apr
-
No par
Worthington P & M (Del) .^No par
7% preferred A___—
100
,6%: preferred B_
——LlOO
t
Prior pfd.4%% series—•—-100
:
Prior pfd 4 % % Conv series_L-100
* Wright Aeronautical—x-No parWrigley (Wm) Jr (Del)
—No par
3,400
'
30%
3
:
507/a
19 Mi
a 1Mb
6
.
Woodward Iron Co
Woolworth
29
15
Apr
15Mi Jan
29
May 6
>15 Ma Apr 23
10
Wisconsin El Pow 6% pfd
60 Ma Jan
25
IMi Apr
——No par
xY
9
Jun
Y 3
>
Motors—<—i—1
preferred—^
$6 preferred
300
J
.
49M27
>*85
- s
19%
-
16 Mi
121.
MY"44%47Ma
52
10 Mi
3 1MB
-
8
87
*115 Mi' 125-
6 Mi
30%
Mi
1
conv
Wilson & Co Inc
—^
28M4
I
28Mi
6'//>
200
118
*15 Ma
'
I
: 49M4 I
.
19
11%
125 t
47
51.
-
-
Willys-Overland
Y1.300
|
7 *120 ■■» 131i
121.
87
.
..',.*18
-
r
131
..
*44
19%
11 Mi
31%
*79
I
Ma
*115 Mi
6 Mi
307/e
*110
18 Mi
Wilcox Oil & Gas Co—
5,400
2,300
May
July 21
12
•
58 Mi
12 Mi
<
1
.
400
;
7
62
•108%
29
15%
.
50 Yv-
52
11 Ma
*115 Mi
46
*46
95
.
52.
8 Mi
6
*60
X
I,-,; White Roclc Min Spr: Co
—No par
White Sewing Mach Corp
1
$4 conv preferred
——__No: par.
100
>
Prior
preferred
_£
'—20
—:
IMa
6
White Motor Co__
700
2MY
'.v IMa,
..
6 IMi
28%.. .....28 Mi
121'Yv-
6
...
4Mi
1
6 IMa
131 MY ..*120
.31 Mi.
;/ *lMi
IMa
,-.4 Ma
.
2%
.
19 Ma Jun
»
300
2 Mi
No par
No par
$5 conv prior pref
'White DentAl Mfg (The S S)—1—20
>00 >
3Mil
2Mi
6
•:
Y. ..•*108 Mi
118
*18 3%
28 Ma
*16
11 Ma
3Mi
•
Y,
2Mb
LOO
Wheeling Steel Corp__— •
:
20
13
13 MB
13 Mb"
3 Mi
1%
6
...
62Mi
*108 Ma
.*12Mi
-
22
.
16
>4%
*61
3-
13 Mi
*1%,
1%
•:
■:
*17 Ma
*110
80
;
22
*120
8%
700
*18
121
19 Ma
21 Mi-
40.
131
125
preferred
3
25 Ma July
107%
May
Jan
IMa Dec
16Mi Mar
Dec
-
Wheeling & £i Erie
•
-
; '
*27 Ma
*120
r
*79
8 Mi
:
M
—i
40
*110.
52
11 Mi
.—
100
—No par
6
Nov
2
•
Jan
July 22
09%
12 Ma
preferred-YlOO
Jan
4Mi
3
20Mi Jan
70
Feb
89
•102
Telegraphj—Y-100
/Westvaco Chlor Prodx
80
"
*46
*18 M i
__Y
50;
*27 Ma-
2 Mi
lVa
6
13
—*23g
21
*17/b
118
Mi
*86
*115 Mi
,.lst
Weston
28 VY
Union
Westlnghouse El & Mfg—
*20 Ma
j
'
•
6i 34
*3 Me
-
2 Mi
40
*18 Mi
•;
13%
'4
2 Ma
4%
28 M4
48
31
Mi
*18
'3 Mi
*27 Mi
63
*108 Ma
95
51
—
84 Ma
Y. *81
21 Mi
*12 Mi
1%
*4%
21%
121
45 Ma
/
240
..
1033/i
;Y, *40
84 Ma
13
6 Ma
63
48
6
*81
;
103 M4
;
50
.
preferred
Pacific 6%
Westlnghouse' Air Brake
300
>
26
*27 Ma
t /
104 Ma
•
*12 Mi
.2%
1%
*85
6 Mi
*40'
68 Mi
119
*24
28 Ma
•
104 Ma
:■
131
,
*43. Mi
31
105 Ma
*61
'."•
21
2%
28Ma
16%
131
121
,
2%
*6
4 Mi
20
28%.
'.*27 Ma
21%
13 Mi
40
*17Mi
63
118
*18 Mi
2%
e
*61%
67 Ma
Y* 118 Ma
61 Mi
4
**25
2%
IMi
«
6
[
•
64
*107
21
/': 2%
Y. *1%
6
*1%
*5Mi
2M4
,k40—1
,200
69 Ma
26
*61
13 Ma
4
4
*2 Mi
2M4
*25
68 5a
15:
7i
2d
20 Mi
8
;x_xil00
4Mt»
Dec
8
Maryland—^--
' Western
10M8
Jan
^Western
i Western
16 Mi July 22
Jan
100
<
Jan
17 M4 July
16
12Mi May
500
23%
Dec
91
99 Ma
,600
Dec
10 Mi
93
-100
Ma
14
5
104
-_10
25.Ma
i
preferred
2
Apr 25
Supply Co
—- /■■■'•
5%V
;
6%
Feb
13 Ma Feb
Apr 27
Auto
v
Sep
19
Apr 27
vWestern
14
Y
15
.West Va
—r
25%
><■
4M2% pfd
-100
Pulp & Pap Co_
i__Nb par
38
May 20
34
t
West Penn Pr Co
Feb
41 Ma
-
1100
Oct
25
,
36
•
—100
•
21 Mi
8
May 18
,100
...2 Mi
YY„> Y ' l Ma
:...%
25 Mi
*24
84%
'■
*3 7/a
*5
118 Mi. 118M4
Y
50
*2 Mb
X-No par
=.
!
L
Mi J an
59 V2
L_No par
-X
preferred
1
IMa July
Feb
8
15
15
.
Dec
6
26Mi July
3
par
rNo par
%
9
27
~
13
.
*13 Mi
*104 Ma
,/ *40
16 Mi
7Ve- preferred
6/4
—4.
104H4I
6.,.'M.
.
preferred.—
West Penn EI class A_-
100
13 Ma
*13%
conv
'
100
107 Mi
*99
'i
$4
—No
Snowdrift-,
110
\
*16
K<>.
2% .stMM.
.....
1.5
70%
119
13%
Ma.
..
53
107 Mi
*.
Eisenlohr
Wesson Oil &
Mi July
39 Ma Jan
16
Jan
11 Ma Jan
1
250
62
1
18
July 14
12
'
100
45
61 Ma
Jun
25
par
13 Mi Jun
Webster
500
I
69Ma
*43 Ma
•'
16%
Y 25 %
25
No
Wayne Pump Co
1,200
53
1043/4
.*5%..
26
*27 Ma
105 Ma
*40
84 Ma
70
:
V;
108.
*2.
-
;
•'. ■'
>••>■
61
*13 Mb
17
-*64Va
26Mi Jun
Washington, Gas Lt Co—No par
400
•
3
*16 Ma
Ma
53
*98
15 Mb
*24
167/4
*23/4
>
2
Waukesha Motor Co
12 3 Y
.45
.16%
26 Me
*118 Ma
26
*104 Ma
>
45
Mi;
71
1
21% 1 21%
25 Mi
119
*27Ma-
105 Ma
,
.15
.
2%
i
'V;.; 15
*12 Mi
*153'b
1
Jan
No par
receipts
Fdy & Pipe_
Warren
500
12%
108.
16 Ma
6
-
j 200
lt
16
60
*.,
#5
-
15
*51
104 Mi
2 Mi
i
27
15
•
15 Ma.
69
...
13%
l.\
/
-
*24
29
*104 Ma
*99
*25
25%'
2
u Jun
19
Preferred
17
„
108
/-■ 16 Ma
6
118%
26
Ma
61
*13%
25
Va Jan
.
—
.,—
*22
17' h
45"'
/'. Receipts
25
*64 Ma
■
"tWarren Bros Co——No par
•
1
72
3
17 Ma
108
Ma
15
71
*40
*8
M71..f
7%
Warner
110
f
$3 preferred
*2 Mi
53
25Ma> 25Mi
119:
*24
,
\
15 Ma
.119
26
*79
i 400
9,900
5 M4
par
x—T1—;-No
2
6Mi Mar 25
.
Apr 23
\ 97Ma Jun 19
A—»—No par
Class B—
27
16
..
.
61
2%
;
o
*51
25Hi
147/a
119
*27%
*5Mi
i
17
104Mi
*2 Ma
3/i
•'
*24
6
:
*22 Ma
*12%
'
*64 %v: 69 M2"
16Ma. -16%
6
*5
>'
*99
*
2 Mi
..*2%
15 Mi
*118%
104:%
t16
12%
,
Mi. 108
16
25 M4
30 %
21% .-
}
Ward Baking.Co cl
.
200
25 Mi
16 Mi
■0
.53
.
*107
.
15
*11%
21%
*68
1
*15
15%
45
..GO
-
*51
107.Mi
'
16
25%
*115
200
5 3/8
...
No
25
;
*22
-
16 Mi
: .45
60
H
.
*12M4
*5e
•'
100
I
■
71
*22 Ma
*12 Mi
17%
45
57 Mi
15
69%
■■>
107%
,
104 Mi
'■•01,v
*63
53
15
*
17%
66
44 Ma
57 %
,*12%
*2%
'
*51
107 Mi
..
17 M»
>
Y 44 Ma
57
15
2 Mi
•
66
"52 Ma
*98
15 Mi
2%
17 Mi
*.
107%
45
I
Ma
it,
?25M4
*12 Mi
>*110
■„
,.
3 Mi
.
,
Walk (H) Good & W Ltd——No
par
Div redeem preferred——No par
}
16
%
,
.
-
^2,400
it
27
*25M4
16
57
*
Walworth Co
*3 Ma
"
r
,
22-,
.5%
*%:
>:X.Y26
13
*51
■
Mi
-
MY
35M4
*15 3/4
Y
3%
■
13
.
■
*22
*15:%
15%
v
26
-
*12%
*66
Y
700
—i',:.:,
2,100
*
3
353/4
16
3%
*67
26
15 MB
Y2% ;
-
-I '
Wabash RR preferred
100
Waldorf System
„No par
Walgreen Co—'——:,__No par
4Ma % preferred with warr—.160
8,800
I
Y
102 Ma
33%.
35M4
22 ,V
Y 5%
*22 Ma
13
.15 74
t
"
a173/4k
*987/a
3 Ma
■'•*%
'
53/4
ur
15 Mi
16
r
%
70%
1
*12%
v
*15M4
33/4
'
22%
,r"/2
*15:
' *42
15%
Ma
Y 70
] t
*%
.
27
26
*25Mi
,
35%
5 Ma
73 Mi;
*
is
1
*23
1
8
* 7 Ml
17 Ma
'
11,
.*%
17
3%
35M4
*22
5M'b
34 .,23%
;•
Y
102 Ma
3 Ma
-
*3 Ma
*
*68%
,
17 M4
*98 Ma
102%
'*15M4
M4
22 Ma ■22 M4
22 M«
5%
67
-
*98%
33/4
Ma
22
23
8:YY
:■
17 Ma'
■
15 Ma
*15%
*3 3/8
MeMa
*7
17%
3 Ma
*%
22%
•
8
17 Ma
*98Ma
*3 M„
*
23%
*7
102 Ma
*15%
f
22%
■
>
17%
3 Ma
*■34
.
22%
Y 8
*
,17 Ma
*98 Ma
*3%
.
22%
*7
,Q ' '■ »,
173/4
ij_
17%
*9S7/« 102 Ma
'.
22%
^
V
17%
17%
,
HlMaJan
3
5
Apr 23
'28M«Jun
3
.
78
7
Jan
12
May 14
28
16
Dec
121
July 17
98
Mar
147
Aug
117
Mar
3
85
Jan
130
July
Jan
26
47Mi
Dec
57% Jan
2 1Mb Jan
54
25 Mi July
73 Ma
Aug
26
50 Ma
Dec
104
Jan
15
86
Apr
122
July
62
Jan
5
50%
Dec
80
Jan
20
July
9
35
Dec
75Mi Aug
22Ms Jan
17Mi Jan
37MaJan
19
13
Jan
14
10M# Dec
109Ma Dec
5% Dec
29
Dec
76
Dec
12MiJan
5
8Mi Dec
18% Jan
9
8
Dec
15% Apr
1%
Apr
13Ma Jan 14
120M4 Mar 17
7Mi Jan
84
120
Jan
12V* Jan
42% Jan
95
Aug
?"•
14%
14%
*l3/i
2
14 Mi
*1M4
14s/b
14%
14 Mi
1%
2
1%
•Bid and asked prices; no sales on this
day.
stock,
r
Cash
sale,
s
Special
sales,
x
14 Mi
*
1 Mi
14 3/i
$ In receivership.
Ex-dividends,
y
13%
2
Ex-rights,
IMi
-
14
IMi
'
13 7i
13%
iM4
1M4
1,200
Zenith Radio Corp
?
Zonite Products Corp_.
500
.7
No par
a Deferred delivery.*
bName changed from Union Premier Food Stores, Inc.
t! Called for redemption.
1
83i Feb
19
I47i July
IMa May
21
,2% Jan
26
gName changed from General Theatres Equipment,
3
Mb Oct
n New
,*l' '.MM* (tWMiWf.1 tar*. %.' 1* 'WrUMtf,**!! hir**"*,
Ri)VMl>M>«iU<r><lnMteMMiV
THE COMMERCIAL & FINANCIAL CHRONICLE
320
Bond Record
Prices
NOTICE
"and
are
WEEKLY
-
Income and defaulted bonds. Cash and deferred delivery sales are disregarded In the week's range, unless they are the only transactions of
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.
headed "Interest Period" indicate In each case the month when the bonds mature.
.
'
-
Interest"—except for
the column
The italic letters in
Friday
BONDS
Ended
Week
Last
Period
July 24
Sale Price
or
U.
4s
Treasury
3%s—:—:
Treasury
3%s_.—__—
Treasury
3 Vis
3Vis-
Treasury
3%s.-.
Treasury
3 '/as—
Treasury
3s——
Treasury
3s
27/aS—
Treasury
Treasury
2Vis
Treasury
2Vis
Treasury
2Vis
.
2Vis—
Treasury
No.
High
Low
116.2
A
109.3
109.17
110.8
102.21
104
*109
J-D
*102.15 102.17
A-O
103.1
103
103
103
104.4
104.4
104.7
104.4
105.20
ACosta
Cuba
J-D
*107.11 107.14
107.18
108.14
J-D
*110.16 110.19
109.14
110.29
*106.31 107.1
107.4
*110.18 110.21
109.5
110.28
M-S
110.12 "110.12 110.14
107.29
110.17
M-S
*105.13 105.15
105.9
M-S
*107.15 107.17
107.16
107.30
J-D
*108.21 108.23
107.2
108.31
M-S
*109.20 109.22
108.15
Treasury 2VaS—.
1945
J-D
*105.3
2 Vis—
1949- 1953
Treasury
2%s__,.
^——1950- 1952
1952- 1954
J-D
1962- 1967
103.6
M-S
22
100.12 100.16
100.16
-19
101.6
101.2
Treasury
2Vis_—
—1951- 1953
Treasury
2Vis—
1952- 1955
Treasury
2 Vis-
—1954- 1956
J-D
.1947
J-D
1950
M-S
*101.3
J-D
*104.14 104.16
_Sept 15 1949-
2s_-,_,_.
Treasury
Treasury
103.14
*105.14 105.16
103.27
105.21
*114.14 114.16
104.5
104.27
M-S
100.4
100.4
J-D
102
101.5
Farm
Mortgage Corp—
,
series M
1 Vis
.
i
'
•
•
.
.'C
4.
102.22
103.24
103.20 103.20
M-S
\
*103.19 103.22
103.23
M-N
*103.20 103.22
103.23
103.19
(Rep of) 8s
ser
•
'
J-D
4
26%
22%
357/a
M-S
72%
72%
72%
1
63
73%
sink
series
8 A 2d
1st
5Vis
5 Vis 2d
AEstonia
Finland
A-O
*
65 Vi
70
61
69%
1961
M-S
*72'/«
73
63
73%
—1969
A-O
*67%
70
I 61%
70
*67%
68
;
65
70
8
14
1969
A-O
J-J
7s
1948
1967
J-J
*10
extl 6s—.
1945
M-S
r99
1949
J-D
—
of dep„
(Republic of)
French Republic 7s stamped
unstamped—
'
A 7s
part, paid—
part
102 Vi 102 Vi
102 Vi
F-A
35
;;
98% 106
(City)
Brisbane
A Haiti
25
s
25%
32 Vi
32 Vi
*33%
11%
12
11%
11%
*11%
14%
11,
14%
11%
11%
10%
A-O
*11%
13%
A-O
*11%
14%
10%
12
11
(Republic)
,
>,
11%
A-O
12
6
A-O
1960
M-N
Jugoslavia (State Mtge Bk) 7s___1957
A-O
(Colombia)
6Vis__'—1954
J-D
(Prov) 4s readjusted—1954
J-D
.
(US)
extl 5s of 1899 £—1945
Assenting 4s of 1904—
1954
Assenting 4s of 1910———
1945
1913 assent—1933
10% ,14%
•
10%
•
■
14%
;
4
66
65%
74'/2
73%
73%
74
57
65
74%
4s
65 %
66 %
27
38
69
65
12
38
M-S
M-N
A-O
95%
95%
33 Vi
35%
•
18
88
95
71%
80 Vi
M-N
J-J
J-J
For
71%
74
95
59
60
53
60
59
59
51%
59
57%
577/8
50%
57%
65
95%
V
AStamped assented 5s
-1963
Stamp mod 3 %s ext to——-1994
M-N
96
26
22%
36%
Ext sec ref 3%s series B—;
1967
M-S
(Rep) extl
103
103
1961
A-O
1940
A-O
36%
70
44
70
s
f 6s 2d ser
5 A Poland
(Rep of)
gold 6s—
63'%
,
63%
16
64 Vi
64%
5
65 %
66
45%
17
*42.
5
8%
14
.7%
59
7
13%
12%
23
7%
15%
_a::-
12
1
6
101% 102 %
42
100% 100%
99%
99%
11
99 Vi
6
100'% 100'%
95 Vi
26
95%
95 Vi
*95'%
95%
11
17
J-J
15%
*16%
15%
15%
*16%
15 %
J-D
A-O
14%
14%
15
15
15%
-10
1961
"4
15%
15%
\
9%
*9%
10'/4
7%
10%
J-J
9%
9%
5%
10%
9%
16%
15%
*2
"2
8%
1952
1947
A-O
16 Vi
15%
16%
13 Vi
13%
13%
24
A-O
17
17
17%
13
15
27
75
10
24
F-A
19%
50%
75
71
1953
(City of)
6 Vis
16
loya
M-N
8s_i—1946
sec
A 6s external
.
sink fund, gold—.—1968
A7s external loan of 1926———1966
A 7s
,
J-D
M-N
15%
J-D
15
15
i
15%
U—1967
municipal loan
16%
8%
14%
10'/a
,
ASao Paulo
17%
;
A6%s extl secured, s I
A 7s
(State) 8s_
external
extl water loan——;
A 6s
8 A Secured
17%
s
f
15%
16
,
8%
16%
10
9%
16%
;
7
10%
16%
62%
71
15%
2
M-S
71
71.
M-N
17%
18%
17
M-N
16%
16%
1
11
16%
J-J
39%
39 Vi
1
32
41
J-J
28
29
26%
30
—1957
1936
extl dollar loan-
A 8s
;
1952
(City of Brazil) 8s_:
SASan Paulo
15%
,
1964
Santa Fe external sink fund 4s
18%
13%
16
16
J-J
—1950
..
,16 %„
14
!
11%
18%
1956
M-S
28%
28%
28%
25
30
1968
J-J
28%
28%
28 %.
14
20%
29%
A-O
62%
62%
62%
18
54%
66
—1940
7s—
8
17%
16%
(Kingdom)—
A 8s secured external——
1962
A 7s series B sec extl—
1962
A Silesia
(Prov of) extl 7s
1958
; A 4 Vis assented—it
—1958
12%
16 %
Sydney (City) s f 5 Vis———
15%
13
17%
17%
13
17%
13
16%
12%
16%
Serbs Croats & Slovenes
Uruguay (Republic) extl 8s
AExternal sink fund 6s
6%
4%
6%
7%
M-N
*6%
8
4%
7 "A
J-D
*5%
7
4%
63/a
J-D
*5%
1955
F-A
64%
1946
-F-A
—
A
M-N
4Vi
40%
64%
,71%
*70
6%
71
71%
14%
21
14%
14%
16
13 Vi
M-N
*70
•75
73
76
1964
M-N
*70
80
71%
74%
1979
M-N
1979
M-N
3% -4% -4 A
1978
J-D
51%
51%
57%
1978
F-A
*57%
59
54
60%
*48
49 Vi
41%
47
AExternal sink fund 6s
16
13
16%
External
14
15%
3%-4-4%s
11%
15
12
16
16 Vi
14%
1
12%
15%
46%
46%
3
39%
48
46Vi
35
—1960
4-4 Vi-4 Vis
14%
*12
J-J
A-O
A
17%
13%
18
14%
i,5%
(State of)—
8s extl loan of 1921———_1946
de Janeiro
8
15
9%
J-J
—1966
13
27
14%
(City of) 8s___
14
23
75
A Extl
18
13%
13%
__
*15
14%
A-O
1970
17%
15%
__
15%
9%
\
F-A
ARlo
17%
14%
15%
13 Vi
J-D
1961
12%
14'A
Rio Grande do Sul
5
15%
__
__
*15
13%
M-S
_Oct
J-D
assented
Prague (City of Greater) 7%s
Queensland (State) extl 6s___
-
M-S
1951
14%
*15
M-N
M-N
1960
14%
1961
s
AExternal loan 7%s
96
17%
13 Vi
15%
*15
J-D
1962
15%
1963
Vi
APorto Alegre
97% 100
18%
*16%
15%
A-O
17%
24
-1962
98% 100 Vi
98% 100%
93%
96%
12%
1
15%
A-O
103% 106%
100% 102%
13
16%
J-D
49%
13
15 Vi
1961
1961
67
12
16%
J-D
59
7%
.*7%
A 4
18%
15%
J-J
66Vi
15%
16%
F-A
13 Vi
*14V'e
1947
65%
93%
A-O
F-A
56
57%
5
*16%
A-O
A4%s assented—
———1968
AExternal sink fund gold 8s
1950
64%
44
105% 106
101%
56
65
66%
101% 103V4
,12%
13%
»■
A-O
AStabilization loan s f 7s—
76
19
10J
...
*70
63%
"57%
*5%
ll7/a
extl
57%
64%
12
12
J-D
7s
67
64 Vi
:
11%. 12%
M-S
M-S
A Nat Loan
A Peru
64 Vi
*63
J-D
1947
(State of)
APernambuco
-
s
(Rep of) external 7s_.
1959
loan extl s f 6s 1st ser_^—1960
67
67%
i.
64%
M-N
83
83
(City)
37
67%
94%
91 Va
60
*.._
f 5s ser A-1963
7
*62
84
94 Vi
94%
sink fund 4%s——1955
14
A-O
1961
325.
95
60
APanama
15 Vi
Jan
page
44
48,
.'75;
95
42
Oslo
15%
1961
see
*72
.
>83%
74%
*72
95 '
50
fund
65%
15%
1957
f $ bonds
footnotes
'F-A
95%
M-N
1957
——
1944
;—
83
,
s
F-A
27%
1
M-N
1960
1928_
1943
36%
1
J-J
M-N
1927
80
69
67
M-N
(Hukuang Ry) 5s
(Republic of)—
17'A
82%
50 ;
67
M-N
1963
-
,
75
*78
..
17'A
*•9%
,
*..
A Nat
A-O
6s__—-1963
7s
10
10%
;
70
82%
82 Vi
*41
34%
J-J
?
:
16
*15%; 16%
■
A-O
34
15%
assented
of
t,
J-D
'34
*16%
AGuaranteed sink fund 6s
.'7%
Municipal Bank extl s f 5s——1970
19%
A-O
A6s assented
6
F-A
18%
A-O
A6Vis assented—
7 Va
7%
1963
18%
1962
Sinking fund 6 Vis
A6Vis assented—,
A Guaranteed sink fund 6s
3
loan—
8
—1962
Bank 6Vis
;
7%
16
<
1
A-O
sink fund extl
14
15%
fund 6s
(i
.
7Vi
.
1965
42
M-S
1961
5%
5%
"• 5%
3
4%s
33
*16%
A
of
-
*6%
F-A
sink
33'%
M-S
Sep
-7%
5%
A-O
33%
F-A
1952
assented—.
A 6s
82Vi
5%
M-S
33
J-D
-I960
——
A6s
6%
•
1956
30%
M-S
3s
3s__—
—1968
(City) 8s————^..1954
3s external
-13
'
1957
sink fund 4 Vis
31
65%
assented
A Chinese
(State)—
6s—
External
; External
External
3014
M-N
assented
Colombia
'
72
7%
6
M-N
5s-—_——*.-1958
f
s
31
A-O
J-D
95%
95%
J-D
63
95%
95%
166
66
95%
J-J
J-D
Vi
61%
62
M-S
1984
External s f 7s_—1942
A 7s assented
-1942
AExternal sinking fund 6s
_1960
A5s assented
1960
A Extl sinking fund ;6s
;Feb 1961
A 6s
assented
Feb 1961
ARy external s f 6s_.
—Jan 1961
a 6s
assented
—Jan 1961
A Extl sinking, fund 6s
-Sep 1961
A 7s
8
.
69%
J-J
:——1975
f $ bonds—
assented
6
7%
6%
6%
J-D
1952
L
External s f 5s
External
A-O
(Rep)
A 6s
14
v
,5
M-S
■
:M-S
-1959
New South Wales
74'%
64%
AChilean Cons Munic
■,
'
14V2
80%
63 %
AChile Mortgage
(City) ' 7s—_J
series A—
A 6s
.
94 Vi
J-J
6s
80
"
AMOntevidfeo
73%
F-A
A
1958
f 6%s
s
A8ec external s f 6%s—l——labs
80 Vi
.
F-A
AExternal sinking fund
5% ; 6%
(State)—
external
A Sec
94%
—1944
—.1967
A 6s
62
-78
69
*6%
J-J
74
A-O
AExternal sinking
9%
; 66%
47%
-
82
79%
J-J
80 Vi
—1945
1961
A 6s
62
-
*6%
J-D
94%
30-year
•
55
11% -12%
i.
80
Q-J
F-A
1976
2Vis—
3 Vis
7-year 2 Vis—
A Chile
Vi
Q-J
1945
M-JV
—_1976
4%-4%s
f 4%-4%s
\
-12%
M-N
1943
Assenting 5s of 1899-
M-N
62%
10-year
30-year
66
*6%
*59
9
,'6%
f
>76 Va
f 5s.:—
s
Norway external 6s—L_——
25-year
ACarlsbad
•8%
8 %
66%
1960
extl 6ViS—
(City)
Minas Geraes
.10%,* 14%
10
'
*25
J-D
62%
-
——
8%
A-O
A
29%
K;-;.'
M-S
s
16%
.9
8%
f 6s series A__ 1952
s
Irrigation— A4Vis stamped assented—
14%
18%
* t
M-S
:
(Dom of) 30-yr 4s
Canada
5s
s
85
:. (-
14%
.
—_1961
external
3%
85
82
A4%s assented—————-.1958
Refunding s f 4%-4%s_
External
66
42
f 4'/a-4Vis————1977
External readj
*82 % .98
1964
,
„>
Irish Free State extl
43
39 Vi
J-J
„1958
——1950
5s
stamped
85
*82%
——1968 '
•gATreasury 6s of
39%
39 V'u
J-J
Ry)
—1952
s f 5s—___
1957
Sinking fund gold 6s__
(Province of)—
A 6s
65
,
paid
Helsingfors
Buenos Aires
External
13%
r99
'
J-J
___————1955
1955
Sinking fund gold
.6%
;
A Mexico
39%
*
M-S
J-J
i 6Vis of 1927—-—1957
s
(Central
39 %
A-O
(U S of) external 8s——1941
AExternal s f 6Vis of 1926——1957
AExternal
llVi
11%
1949
Government—
70
*65%
1940
—
ctfs
(Republic)
59
A-O
5 Vis
series—
8s
42
2d series
fund
series..-
Salvador
A El
-
§ABrazil
A 7s
48%
'
3
5Vis__
A
—1949
Belgium external 6Vis_
f 7s
20
29
21
46
45 Vi
21
\i
-
f 7s 3rd series—1957
f 6s
15
20
,
Mexican
external 5s—-—-1958
Argentine (National Government) —
S f external 4Vis
1948
S f conv loan 4Vis__
i—_—1971
S f extl conv loan 4s Feb_
.__1972
S t extl conv loan 4s Apr—
1972
Australia (Commonw'lth) 5s of'25-1955
External 5s of 1927_
1—.—1957
External g 4Vis of 1928——1956
s
102% 115
22 Vi
40
Mcndoza
(City)
s
102% 102%
102%
35
AMedellin
••
•
City
AExternal sec s f 7s 2d series—1957
External
100'A 107
40
A
—
External
103,%
68% : 83
,
34%
-*101.13 101.15.
J-D
Govt. & Municipal
Agricultural Mtge Bank (Colombia)-—'
AGtd sink fund 6s__
—_1947
AGtd sink fund 6s
1948
Akershus (King of Norway) 4s—1968
AAntioquia (Dept) coll 7s A_——1945
^External s f 7s series B——.^^1945
AExternal s f 7s series Cr—.—1945
AExternal s f 7s series D_
—1945
AExternal s f 7s 1st series^——1957
Antwerp
50
34%
Foreign
s
74
F-A
gold
A
sec
71
*
*100% 100 %
104.23
Corporate Stock——.—1980
AExternal
100
*.101%
J-D
J-J
104.25
el03.19 el03.19
F-A
1953
A-O
i-''
"y:
104.20
—_1949
.^^..^1977
5 Vis
A 6s
Transit Unification Issue—
8%
debt
_1962
100.22
M-N
..
.
York
New
.102% 102%
__1955
100.4
100
.1944-1949
-
,
99% 101
*102Vi
J-J
100.20
100.11
100.4
100.4
Loan Corp—
series A—
3s
F-A
1942
Greek
--—1944-1952
—1945-1947
i
3s
Home Owners'
18%
*99% 104%
M-S
*17
7s
100.4
-
1944-1964
——
12%
*18%
.
100.9
-
*100.2
,
3 Vis
18Va
A-O
104.24
100.9
100.9
*100.7
J-D
101
103.27
•
Federal
*16%
A-O
101.21
J-D
2s—_
30
M-N
32%
§ADominican Rep Cust Ad 5%s
1942
8 A 1st series 5%s of 1926____„_1940
105.16
100.24
1953- 1955
2s_—__
Treasury
105.8
101.8
—1951- 1955
JL
17%
J-D
100.17
*105.6
100.9
wks
External
101.17
*101.6
J-J
1951
15, 1949- 1951
.Dec.
Treasury 2s__i—
100.8
100
J-D
101.5
4%s____
Customs Admin 5%s
J-J
1949- 1951
15
„Jun
Treasury 2s
28 Va
1945
103.14
2Vis__-
15 1948• 1950
28 Va
1952
104.6
102.18
Treasury
T5~ 1948-
-■18%
A.1951
107.2
103.6
loan
external
External gold 4%s
106.23
106.27 106.27
J-D
1967- 1972
105.24
106
*103.4
M-S
Dec
29
28%
§A ADenmark 20-year extl 6s_
107.7
*103.30 104
M-S
1956- 1958
—Mar
31
25%
'
105.25
106.17
>106,15 106.17
M-S
2Vis—
Treasury 2 V2S_—
Treasury 2Vis
104.31
105.5
106.29 106.29
M-S
Treasury
2s____.
29%
25%
-
2B%
28%
ASinking fund 8s series B_~
109.31
2s—
;
1944
ACzechoslovakia
110.18
Treasury.
25%
26%
28
109.25
108.16
Treasury
.__1951
1
High
M-N
,-1949
A Public
108.16
Treasury 2s
7s
5s of 1904:
4 %s
106.9
109.29 109.29
—
(Republic of)
External
*110.13 110.15
—
(Rep of)
Sinking fund 5Vis
.
J-D
—
Rica
External 5s of 1914 series A
108
M-S
J-D
J-D
Treasury
1953
—,
Low
104.20
A-O
1948
J-D
January
No.
26%
26%
*26%
F-A
1952
Copenhagen (City) 5s
; 25-year gold 4Vis—
I960- 1965
Treasury 2%s___
1947
Range Since
Sold
High
26%
M-N
—1946
Sinking fund 7s of 1927____
Bonds
Bid & Asked
A-O
1947
;
ASinking fund 7s of 1926
108.27
l-1958- 1963
Treasury
Mtge Bank 6%s
114.14
107.7
MS
Last
Sale Price
Low
AColombla
107.7
J-D
Week's Range
or Friday's
Friday
Period
Exchange
July 24
Ended
High
2V4s_—
2Vis„_
Treasury
k,
Week
January 1
Interest
York Stock
New
Range Since
107.7
*114.30 115.1
A-O
—1947-1952
1944-1954
1946-1956
__1943-1947
A—1943-1945
1944-1946
,___1946-1949
——1949-1952
—_ 1946-1948
.—1951-1955
„—1955-1960
—1945-1947
1948-1951
1951-1954
1956-1959
!
Treasury
Sold
Government
S.
4%s,
Treasury
Bonds
Friday's
Bid & Asked
Low
Treasury
BONDS
Week's Range
Interest
Exchange
Stock
York
New
„
N
YEARLY
-
week, and when outside of the regular
the
'
Monday, July 27, 1942
New York Stock Exchange
«»
FRIDAY
,
JWWPvlaWiYlft »W •'.
t/'"
46Vi
5
37%
48
35
35%
16
29%
37%
3%s-4-4%s ($ bonds of 1937)—
readjustment
conversion
extl conv
extl readjustment
3%s extl readjustment
A Warsaw
56 Vi
56'A
56 %
31
($ bonds of 1937)—
External
(City)
A4Vis assented
external 7s
1984
J-J
1958
1958
F-A
*51
*5%
F-A
5%
5%
51 Vi
53%
51%
55
~1
7
4%
5%
3%
57%
7
6%
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
156
Volume
bonds
New York
"i
,.
Week
Stock
Ended
Friday
Exchange
Last
Week's Range
or Friday'sv
Sale Price
Bid & Asked
Interest
.
July 24
-
Period
"/..•?
Low
Railroad and
Industrial Companies
Coll trust 4s of 1907
4s series
.
Alabama
1st
J-D
—
V—
J-D
1943
mtge
J-J
1
registered
V
/:,% *' ^
modified....,..,—1944
'
'
*63
F-A
v-aY
64%
17
;
*90%
:
54
'
55
93
5s
5s
modified__,;,_,_,,L___.L-,f-L:4949 }"V/
5s modified_.-,_T.„„-.^_-.-X_:_-,H-.-1950
A 5s income—,T
1950 VAlleghany & West .1st gtd 4s,l_,__1998
y
Carolina
63
Cart &
Amer I
G Chem
debentures..——
3s
Tobacco
Amer
Co
92
1962
.'
;
V
„
64
1.20
98%
.
99%
Y
J-D
.
107
.M-S
,
107
.;
107%
107%!
93
-V
Type Founders conv deb-—"—1950
J-J
Wat.Wks & Elec 6s series A—-1975
M-N
Anaconda Cop Min deb 4%s
1950
A-O
A Anglo-Chilean Nitrate deb__:
1967
Jan
{Ann Arbor 1st gold 4s__~-1995 T.TSQ-J
Ark & Memphis Ry Bdge & Term 5s 1964
M-S
Armour & Co (Del) 4s B————1955 YV
F-A
1st sink fund 4s series C (Del) -1957
J-J
'
Am
*104% 105
Atchison
Ohio
&
4s_
.1965
gtd gold 4s„—
Branch
U P
1st
gold 4s_l_.1948
.
1995
4s.
106
4s
Conv
,100
119.
Trans-Con Short L
Cal-Ariz
18
99 Va luz%
3
42%
45%
45 %
45%
97%
98
35
55
s'
93% 100
24%
24%
1
23
30 Va
55%
56%
23
45%
80%
M-N
16%
13%
16%
44
10%
20
A-O
& gen
5%s series B_,
ARef & gen
.—1959 i
5s series C„^__.—1959
New
1st
Eng
5
•~4%
A-O
7
-
5
4%*22
J-J
*13%
1
5
-
J-D
"
97
3
23%
7%
15%
16
A-O
gtd 4s__,„„1961
^
65
J-J
1987
J-J
65
23
11
19%
O
' s
66
7
62%
75
18
63
13%
21
16%
16%
33
14
18%
17
33
12%
-16%
'
*13%
:
111% 112%
16%
17%
16%
16%
V"
1st ref gtd gold 4s_1949
Through. Short L 1st gtd 4s
11954
gold 5s
1960
108
4:
108'%
108'%
71%
A-O
F-A
73%
gACentral RR & Bank'g of Ga 5s_.1942
45
62%
.-•«
19%
13%
14
*
*63'/2
F-A
52%
107
108 %
67
68
77%
62
72%
49
58%
66
51%
M-N
13
52%
*80'/a
169
83
78
95'A
80%
91%
;
Certain-teed
69%
5'/2s A:.l._.___1948
Prod
Champion Paper & Fibre—
99'A 101
%
73%
A-O
..' Guaranteed
: 34
i-rv..
111%
J-J
1987
registered
.87
v.
7
M-S
89
%
91%
29
:7'-7/'7>7;
77'
'
105%
105% 106
28
104 % 106%'
105%
105% 105%
18
104
110
109% .110%
Nov
88%
M-N
88%
f
88%
88%
65;
88%
f
89
S f
88%
93
87%
J-D
102
102
102
92%
102
7
1958
J-J
*111
1962 ,v,
M-S
111%
1
101
101
Potts Creek
102%
2
103%
:
97 %
111%
1950 '
(1938 issue)
1950
Br 1st 4s
1; :R & A Div 1st
M-S
104% 104%
..1946
.
99%
A
1
104% 105%
103
103
5
102% 103%
128%
M-S
7
128% 128 Va
4
126
101%
101
101%
101
"II
J-J
1989
103%
101%
37
129%
100% 103'%
100% 104
J-J
:
gold 4s._L_.1989
cons
2d consol gold 4s
110% 112%
111% 111%
(1935 issue)
deb 4%s
Chesapeake & Ohio Ry—•
'':"'7'7
7-;'7; '' ■ .7;.;'
General gold 4Vis
1992
: *
M-S
Ref & impt mtge 3 Vis D
1996
M-N
Ref & impt M 3%s series E.____1996
F-A
106% 110%
2
38
f deb 4%s
S
7
106%
■
i
*100
ref 4 Vis A__
1st &
106% 108%
1
,
103% 105,
'
8
J-D
1st 4s
2
102
100%
•44%- 45 :
J-D
-
60
4.7
56%
AGeneral 4s
LU—*.,71987 '
7
4s registered..
^.1987
Central N Y Power 3%s_.-7—...1962 1
107
1955
gold 4s of 1910-
88%
.77
58
7
-
,
109%
101
-1960
of 1905
Conv
11
92%
108% 108%
j-d
1945
Nov
{ACentral of N J gen gold 5s_
105% 108%
V
064
A-O
Adjustment gold 4s_„-—1995 '•
Stamped 4s--,-—-----i-u-.-—-1995
Conv gold 4s of 1909—
1955
97%
81%
102
7
,
1st mtge 5s__
{ACent
101%
2
*99%
87%
87
*—
51
105%
M-N
'
Central Illinois Light 3%s——1966
69%
101% 101%
45
92%
71 %
89%
103
M-S
-—1950
AChatt Div pur money gold 4s__1951
Div 1st gold 5s_—
1946
■
:
54
91.
92%
J-J
A Mobile
Topeka & Santa Fe—
General
;
90
;90
92%
J-J
Central Pacific
Am
1
A Ref
*
105% 108%
21
;
10
§ A Consol gold 5s——J—r 1945
68
59%
.
22
•
96%
High
62
F-A
A
101% 104'A
24
107% f 107% 107%
100% I 100%.100%
A-O
.
':k; 107%
.\,l Y
Clinch
{Central of Georgia Ry-—
5s
A-O
,
102
Low
108% 111%
105% 108%
33
.
J-D
'
100V» 104
i
72
102% ( ,102% 102%
'99% ;
i
v. 15
66
:
gold 5s— —;
1954
trust 4%s_——.I960
Adir 1st
ACent
A"
59
60
3
69%
96%
F-A
64
.41
.
69%
J-D
76%
51
6
,
102.%. 103 .ik
'107% 107%:
;■/%'
,63
5
...
,
14
M-S
1981
•
'-1966
3s—
deb
:-y
.'64
;J-J
debentures——_l1956
conv
.F-A
.7..
..
60%. 60%
iM-N
debentures—-1961
3%s
46
,M-S
Corp conv 5%8L
-1949
Telephone & Telegraph Co;—
3Vis
56..
45%.
\M-8
•
Am Internat
American
55%
A-O
5%s-._>__._.;1949
conv
72.
111%
69%
J-J
Celotex Corp deb 4%s w w—,—1947
90
78
43
-d-O
.
Pow deb 5s__^—__2030
& Foreign
84%
A-O
,,
Am
84
High
Range Sinoe
January 1
Sold
No.
111
111
J-J
1946
Carriers & Gen Corp 5s w w
-93%
85
J-D
.
Allied Stores Corp 4'%s <ieb3_,»_.._1951
Allis-Chalmers Mfg conv 4a__——-1952
84
.
Bonds
Friday's
or
Bid & Asked
103% 105 %
J-J
■
t§ACarolina Central 1st gtd 4s_—1949
Alleghany-Corp— ; '
,
trust
62
81%
:
Week's Range
,Last
„
Sale Price
100%
103% 103%
104% 106 %"
70
92%
4 %s__—
trust
Collateral
98 Vi 101
—
,
Period
equipment trust ctfs^-^.———1944
Coll
'
*63
f
5s
104% 104%
*106% 106%
-i::
A-O
Coll
62%
102
*103%
A-O
—„_______»_1946
72%
104% 104%
A-O
3 %s
Interest,
Low
100% 101%
"
A-O
warrants
Friday
Exchange
Ended July 24
High
103 Vi 103%
—
assented-_^__JL948
with
Stock
York
Week
v
44%
50
,
*101% 103
.
.
Albany & Susquehanna RR 3%sJl_1946
6s
Low
101% 101%
104%
J-D
,
50
.
;
F-A
3%s._...1972
Albany Perfor Wrap Pap 6s__'»^_"1948
Power
No,
1
65%
i"—
Af-S
,
•'
—l—1947
B
High
A New
*
,
January 1
Canadian Northern Ry deb 6%s„^1946
Can Pac Ry 4% deb stk perpetual—
J-D
10-year deb 4 Vis stamped—____1946
Gt Southern 1st cons A 5s___1943
cons
Range Since
Sold
J-D
Ala
1st
BONDS
Bonds
,
{Abltibi Power & Paper—
§A5s series A unstamped
_„1953
AStamped _•_-—
L——.1953
Adams Express coll tr gold 4s_____1948
321
'
Chicago & Alton RR ref 3s_—.7--1949
A-O
*117% 121
;
J-J
7
*U4
19%
118
121%
114
114
18
19 Ya
199
13
87%
88 V*
34
85
84%-
85
55
81%
85
92%
93%
18
90
95%
22%
109% 111%
13
Chicago Burlington & Quincy RR—
Atl Knox
& Nor
1st
Atl & Charl A L
1st
gold 5s
Atlantic
Coast
General
10-year
L &
N
1st
Second
103%
103%
10
101
104'A
75%
77%
59
74
83%
61 Va
59
57%
66'/2
100%
84
94% 100'A
M-S
Oct
tr 5s
„1959
60%
100%
M-N
-1948
100
67
66
:
33%
29
1
29%
3%s
100'A 103%
4s
73
1st
40
1st
J-J
-
;
V
4
6
*99Ve 100
.
M-S
-
25%
'l ' ' —li
■
103% 104
July 1948
Stamped modified bonds— •
1st mtge gold
(int at 4 %
1
Ref &
102
A-O
56
1
Ref &
Dec
to
Ref &
*
'
due
1946)
gen
ser
1
C
-
.
:
-
'
Ol Cn
•
•:
V;
56%
52%
63
.
\
•
A-O
"
J-D
•26%
J-D
; 29%
-
76%
46
73%
64
65 %
42
63%
72%
F-A
71%
71%
73%
38
71'A
80
inc
mtge
J-J
..1997
(conv)....
1982
24%
25%
88
23%
7 ,M-N
120
120
J-J
63'/a
J-J
33%
34
J-J
*31%
A 1st
&
56%
57
31
26%
27
110
29%
30%
26%
27
68'/a
33
45
34%
31
38
24
J-J
30 %
30%
28
36
J-J
*27%
29%
28%
34
7%
8%
12
7%
8%
10
7%
' M-N
J-J
*
J-J
54%
39%
AGen
4s
.....May 1 1989
J-J
AGen
28
44%
AGen
gold 3Vis series B__May 1 1989
4%s series C_^._.^May 1 1989
J-J
•
1%' to
AGen
4%s
iv24%
39'/a
;;
;
.
:
Iv'
49
;. ;,
A
series
:
36%
'
J-J
u.May 1 1989
;
;
gen
1 1946) due
Sep
AConv
-
•
^'26%
2D
"
26%
•
48
M-N
—„1950
J-J
J-J
5s—.1943
J-J
—1951
J-J
due
1947)
70
»
E
series
36%
33%
10
32%
48%
37
38%
56
34
53
38%
68
Y 2D
j
•37
r
37
38
12%
13%
2 Va
2%
72
V
7
...
,
48
37
45
a
I- 24%
41
-
267
A
39
18%
54%
1975
F-A
..Jan 1 2000
adjustment
5s
V
A-O
Mtge gold 5s series A
7 AConv
42%
45
■;
.
.13
•
,
2 Va
l :
33%
34
53 Va
34%
53
211
8%
134
'
51%
1%
17%
3
"
Toledo Cin Div ref 4s A.——;_1959
Jan 1
271
36
-
;;;4
21%
44%
•26%
•21
20%
4G%
M-S
F-A
-LJ
1996
—-Feb 1 1960
Pgh L E & W Va System— .
Ref gold 4s extended to—^^.1951
S'west Div 1st M (int at 3%%
to
11
56%
60
35
38
J-J
;•
M-S
ser F
due
10%
7%
:
33
'"7,S
37%';
r
J-J
;
AGen 4%s series F_
...May 1 1989
{Chic Milw St Paul & Pac RR—
-
due
La——^2000
(int at 1% to
Sep 1 1946)
Ref &
6%
65'/a
24%
57 %
■
>
123
61%
1947
5s series A...
gen
120
9
^1947
,—1966
A 1st & gen 6s series B...
May 1966
Chicago Ind & Sou 50-year 4s
1956
•
62%.
34%
21%
5
63'/a
{Chicago Milwaukee & St Paul—
1995
(int at
75%
64
RR—
,
56 V5s
'
due
1946)
88
83 %
75%
Chicago Gt West 1st 4s series A_^_1988
AGen inc mtge 4%s.
2038
.
-
v
88
F-A
■
1971
series
Chicago & Erie 1st gold 5s
106
r
—1995
1%%
(int at
ser D
gen
•
,
(int at 1% to*
ser A
gen
Dec
<
■.
to
due__——July 1948
1946)
5s
92
89%
M-S
1977
....
ARefunding gold 5s series B
.7 A Refunding 4s series C_
mtge gold 4s
*89
^...1958
& Eastern 111
AGen
33
:': 95% 100
;
.
40
& Ohio RR—
Oct
&
93%
{AChic Ind & Louisville ref 6s A..1947
103%
,
-
ref
Chicago
J-J
1949
;
1st & ref 4Vis series B
30'A
J-J
1949
1949
4s_._._
General 4s
j
B
Baltimore
Division
registered
63%
60
1949
-
registered
Illinois
'
J-J
1953
■'
67
33%
J-J
1948
Refining deb 3s
60%
M-N
1952
1st 4s
'.77%
J-D
May 1 1945
& W I S3 coll
Illinois division 3%s
__
102% 102%
j-j
1964
A
_
mortgage 4s
Atl Gulf
*99
J-J
1944
4S—July 1952
unified 4Vis
coll tr 5s
coll gold 4s
J-D
1944
B
cons
Atlantic & Danville Ry
Atlantic
1946
1st 4 Vis A_
30-year 5s series
*36%
»
|
38
-:Vi^
-
65
•34%
48%
43 'A
{Chicago & North Western Ry—
AGeneral gold 3%s
;
7
53%
v
registered
3y2s
1987
27
M-N
27
M-N
20
26%- 27%
20%
34
22
32
28
22%
34%
32%
M-N
—1987
"
23
>
3
-
•
4s
Bangor & Aroostook RR 1st
Con ref 4s
1
;
J-J
J-D
A-O
J-J
1951
Battle Creek & Sturgis 1st gtd 3s__1989
Beech Creek extl 1st gold 3Vis—1951
4s
stamped-
5s series B__——1948
ref 5s series C
1960
Telep of Pa
Bell
1st &
Del
Belvidere
Beneficial
2%s
80
106%
129
16
'
129
25
98
.
2
99
*96%
r.;
A-O
A-O
103%
J-J
F-A
100%
100'A 100%
F-A
102%
102'A 102%
—1952
mtge 3'As series F——1959
Consul
mtge 3s series G—
1960
mtge 3'As series H—1965
,
1944
Big Sandy 1st mtge 4s
Blaw Knox 1st mtge 3 Vis
Boston & Maine 1st 5s A C
series II
,
98%
A-O
59
48
A4
83%
106
'
A
127% 130%
gold 4%s series JJ————1961
mtge 4s series RR
1960
mtge 4%s ser A
July 1970
fABoston & N Y Air L 1st 4s_——1955
Bklyn Edison cons M 3'As
;_1966
1st
101
:_1950
Bklyn Union Gas 1st cons gold 5s_1945
74%
*—
M-N
Bklyn Union El 1st gold 5s
105%
2
103
27%
"5
23
34
27%
28%
75
22%
35 %
1987
1987
M-N
27%
28%
73
23
M-N
_1__.___1936
M-N
May 1 2037
.May 1 2037
May 1 2037
J-D
J-D
J-D
M-N
18%
F-A
53
J-J
24
....—
&
ref
&
ref
gold 5s__
1st & ref 4 Vis stpd
4%s
C
.1949
series A
1st
Railways
7
& ref
iien
Debenture
6s series A__
gold 5s
1_:
',^1950
i.1957
'
100 Va 102
,14
25%
102% 105
ACertificates
103
101
101
1st lien
& ref 5s series
Buffalo Gen Elec 4%s
Buffalo
Niag Elec 3%s
1
74%
—11981
85 Vi
91
74
68%
19
66%
76
30
31%
53
29%
43%
14
of
.1988
deposit,
—;—
34
26
42
18%
13
40
14%
24
40
13%
23'/a
13
14%
23%
67
1%
19%
20
19%
20
1%
1 %
1%
52%
54
21
2%
29%
24%
22%
1
13%
314
9 %
15%
14 %
14
14%
145
10%
16%
2%
,58
68
68
68
'A
M-N
—I960
18%
23%
M-S
—L
59%
123A
13
gold 4%s_
40
22%
—
A-O
107
Chicago St L & New Orleans 5s_—1951
Gold
22%
2%
132
18
26
J-D
1%
1951
3 Vis
<■
J-D
3
68
3%
80
66%
108%
*20%
108%
21%
108% 101%
*100%
100% 100%
—
103
103
."
J-D
51
51..,
5s—1960
J-D
60
60
Dec 1 1960
M-S
Memphis Div 1st gold 4s.——.1951
Chic T
H
Southeastern
&
Income
1st
guaranteed Ss—
102% 103
>'
77%
94%
95%
F-A
1st
mtge 3%s series F
8
'78%-
h
77%
mtge 3%s series E___i_
100% 106
-98% 108
Chic &
-
32 '
f,5
■
114V2 114%
6«
<72%
88% 105
113
Childs
114%
110% 110'/a
;
1st
108%
55
60
68
45%
54
92%
96%
21
1 94%
99%
A-O
49
47%W-^47%
.i.1957
A-O
cons 5s
1952
Gas
3%s__
1966
;;
'-H"]
49
.
M-N
5s__
& Elec
mtge 3%s_:_L
:F-A
J-D
;
1967
105% 103%
96.
96
...
,
94%
M-S *
_..„1943
;
1
41ll_1962
5s
25
33
ref 4Vis series D.c.L
com
.,
94%
94 %
Debenture
.47
93 %
J-J
deb
.,
1
14
101% 101%
J-J
Indiana
{AChoctaw Ok & Gulf
,
108
108%
J-J
m
.1963
Cincinnati
at
.1963
—1952
Co
1
7
45%
-45%
4s
West
1st &
88%
.7
Station—-;
Chicago Union
20
103%
J-D
(interest
modified
34%
38
19%
AConv
75%
67%
Buffalo Rochester & Pgh Ry—
Stamped
36
22%
79
89%
'
30'A
M-N
series C—1967
B
30%
36%
§ ARefunding gold 4s.__1934
§ASecured 4Vis series A
—1952
102%
74%
1927
part paid
{AChic R I & Pac Ry gen 4s
67%
J-D
*—
stpd
5s
1st
1st
27%
105%
15
■
33
26%
M-N
6%s:
{§AChicago
103
74
M-N
..1947
74%
A-O
J-J
M-N
F-A
M-N
F-A
7-
98
103
F-A
M-S
M-N
..1st
AInc
103
96%
25
M-N
AConv 4%s
99%
81
J-D
.1950
.1967
—1955
—
,
'■
.
103%
103
103
•'
,
103
98
28
M-N
—
% s stamped
A 1st
108%
*..
1987
Fed inc tax.—1987
5s stpd Fed inc tax...
7 AGen
A 1st
•'.' I-'"
4%s
AGen
p
n
§ASecured
72%
106
•
49
Y'V 45
*
V
59%
*
stpd Fed inc tax....1987
registered..
AStpd 4s
t
48
3
••V:
95% 100
J-J
Consol
5s
106
r
•
J-D
'
M
*78
>
49
—1943
2'As
Beth Steel 3 Vis conv debs
1st
*44
v
18
.—1956
Loan
debentures
Consol
55%
-: ;
55
54'A
A'
;
99%
54%
—1950
3 Vis—
cons
Indus
99%
55
4s__"_L_—.1987
AGeneral
.
49%
47%
.21
i-
I*109
,36
50
v
43
49%
;
17
26 V«
103%
106% 108 %
*110%
r
; :
-2 V.
2
23
II
99% 102%
109% 111
"
'M-N
.1957
34%
34%
*
35%
49
•
33
41%
of
Union Term
1st
''I
A-O
1934
deposit——..
6
6 Va
__
6
'
1
5%
8%
5
6 Va
5'A
1st
& Nor
1942
1st
gtd 4s
;
3%s series E
1969
...1943
mtge gtd
102'/a 102
M-N
M-N
7
gtd 3%s. D...1971
cons
Clearfield & Mahoning Ry 5s
'
g A 1st & coll 5s———'—
ACertificates
Leb
Cin
fBurlington Cedar Rap & Nor—
Cin
*111
F-A
32
108 Ve 110%
♦;*no
110
__
112
7%
t
J-J
99
*98% 100
99%
:
1955
1960
*77%
A-O
1952
:
V-
J-J
A-O
•
__
.-58
74%
,
83
■
..
58%
75
78
83%
9
v-
53
63'A
14
.
70
81%
Cleve Cin Chic & St Louis Ry—
General gold 4s
1993
J-D
l
1993
.
Ref & impt
..1977
Cin
Wab &
St L
Div
M Div
1st
A-O
i-il.
Canada
Southern
Canad'an
cons
gtd 5s A...1962
A-O
National
Guaranteed
Guaranteed
107% 107%
80
gold 4Vis
gold 5s
gold 5s
^
____1957
July 1969
Oct
1969
J-J
■
79%
107%
1970
F-A
Guaranteed
gold
4%s
1955
gold
4Vis_:
1956
gold 4Vis_--—
-1951
M-S
"■
For
footnotes
see
page
325.
4
106
78%
,
3s_
85
Cleveland
104
108%
104% 108 Va
11
107% 112
&
General
Pittsburgh
108%
:
—
'
4%s
Series
B
3'/2s
series
:
44%
152
65
'
76
85
86
42%
53%
J-J
44%
44%
9
44
64 Va
65
6
64'/a
74'%
J-J
Series
C
3%s
:
111%
Series
D
3'/2s
gtd
105
109%
General 4%s series A
107% 108%
10
103% 108'/2
107%
8
103% 107%
.:
Gen
&
ref
4 %s
series
Cleve Short Line 1st gtd
A-O
-
107 Va
107
107%
23
104% 108%
*99'/a
.41948
-
:_1950
-
-
F-A
*89 Va
-
-
F-A
J-J
*105 %
1981
4%s.—..1961
-
A-O
65 Va
i
-M-N
...1977
B
..
-A-O
1942
gtd
108
1
|
52%
M-N
..1942
B
gtd
2
107
5
67 Va
86
RR—
111%
...
44%
108'
16
...
67
*78
44'A
1970
gold 4s
109 Va 109 Vb
F-A
Guaranteed
16
107% 108
Ill
v
J-D
Guaranteed
'
110% 111
A-O
Guaranteed gold 5s
80
108% 108%
•
J-J
1
J-J
1990
4s_....___1991
1st
coll tr
Cleveland Elec Ilium
1966
California-Oregon Power 4s—
67
J-D
4'/2s series E
General 5s series B
.
7 ;
108
108
105
_.l
108
107%
*105
65%
23
64%
83%
.]
™vw.^jr*Wrf^lW<u« )1
THE COMMERCIAL & FINANCIAL. CHRONICLE
322
NEW YORK
BONDS
Ended July 24
Week
Last
Interest
Period
New York Stock Exchange
J.__1972
___1973
gtd 5 Vis
f 5s series B gtd—
1st
s
C
1977
gtd 4s_~1
-1945
s f 5s-——1943
5s income mtge
—
1970
A Colo & South 4 Vis series A
1980
Columbia G & E deb 5s
May 1952
i
Debenture 5s_—Apr 15 1952
Debenture 5s„_^
1961
Columbus & H V 1st extl gold 4s„1948
Columbus & Sou Ohio El 3 Vis—__1970
f 4lis series
1st s
Coal River Ry 1st
Colo Fuel & Iron gen
■
A
Low
Low
13
75%
84
66 %
25
65
7lVa
61
15
58%
06%
.*103V4
"
80
80%
21%
21%
21%
93 %
94
931/2
87%
9 2 Vi
227
24%
85
.
&
106
5
21
*110%
3 Vis
debentures-;
•
AAdj
!
income 5s
debentures
3 Vis
Consolidated Oil conv
JAConsol
Ry
110%
—
■
110% 110%
109
108% 109
*100%
J-J
J-J
ADebenture
'
Illinois
A Debenture
18
■
106
__
Coal
Consolidation
f 5s———I960
s
—4.
•
■■
mtge 3 Vis
mtge 3ViS—1—-—--——
—
1967
—1970
mtge 3V2S-
1st
—--—-—-1966
•'—-1969
mtge 3Vis_.
1st
mtge 3ViS-l
2'As
108%
f debs
s
receipts
Deposit
•
371
8%
15%
101%
V
J-J
101'/a 101%
91% '7'
.
J-J
A-O
gold 3s sterling.
1951
gold
lines
Purchased
110%,
102% 104
'
99% 102 %•
28
-
'•
*86'/a
M-S
M-N
*30
A-O
90
1
y
90
46%
70
...
1953
gold <
104
'
■7
46%
16
42%
53%
43%
45
99
39%
49%
42
'
103
42%
13
38%
46%
50
105% 108
"
44% }
44%
45
146
39%
53
52%
53%
31
48'%
58%
43
44
96
38%
49
71
83
7: 431/a
F-A
1950
106%
' /
42'% />
M-N
1966
1061%
/
106
3
106% 107
34
J-D
103 % 104
36
1951
-7
:
'
79%
'
V
31%
88%
88'/a
-v'
J,
26
34%
34%
1951
90
1951
j;
58
57
58
55
53
57
*41
^
42
Omaha
1st
Div
40
46%
46
' ■'
-■
39%
'■7
M.
1103i
,
/.
15
110% 110%
//■■:■
107% 108
108
1
60
■
54
95
F-A
43
79
79
56
64 %
60
60
;
"l
7/
;
92
92'%
?;
31%
k
16
28%
28'%
34 %
34%
34 %
29'%
32%
32%
1
27%
6
•'
"'—W
J-D
'•
,
*32'/a
J-D
'
■
—
>;'* .H"*~
A-O
40%
52%
104
37%
47 %
70%
1
66%
78
*19%
23%
19%
27%
1st gtd 4s_——1956
3Vis series B—„ 1986
Inland Steel 1st mtge 3s series F
1961
Inspiration*Cons Copper 4s__
—1952
J-J
Ind Union Ry
M-S
A-O
/'
35%
v^Adjustment
33%
.
23'/4
/
39%
33
gold 4s—
*108% 110
101% 102%
/>■ 7
101% 101%
A-O
12
99% 101%
103% 104
102%
A-O
1947
108% 108'%
103
105%
99% 102 %
6
33%
25%
30%
.
1 Alnter-G/eat Nor 1st 6s series A_1952
>
331/2
;
'
33
86%
"i
•
133
45
70 '/4
Interlake Iron conv deb 4s
371/8
23%
.
48'/2
43 %
—_1963
;
J-J
28
12
-
90 '/a
90%
46%
43%
1st
—1950
23 Va
7
29
901/2
47%
J-D
I6wa
&
30
.V " 14
/
J-D
ref 4Vis series C
l.AInd & Louisville
94'%
26
4
35
*271/4
'
.1946
:
92
'•
1st ref 5s .series A_w„..—1963
Ind 111
108
99% 101%,
11
31
-
Joint
1st &
x
107 % 109%
12
100% 100%
:
106
and Chic St L & N O—
111 Cent
108%
108% 110%
8
"':/>/!'•/
108% 108%
"108%
107
108 Vi 109%
1
-
27%
to—_1946
extended to_
B
series
ll\
109 Vs 109%
29%
receipts
——-—
Curtis Publishing Co 3s deb
—1955
A 1st
6s
:
1st lien
series
ref 6 Vis.
&
11%
1%
5
16%
1
11
18%
J-J
16%
16%
2
11%
18%
23
27'/«
169
21%
291/4
A-O
25V4
104% 104%
*98
F-A
104% 105%
9
•:
•*95%
M-N
85
98 %
Dayton P & L 1st mtge 3s
1970
Dayton Union Ry 3 Vis series B—-1965
Delaware & Hudson 1st & ref 4s—1943
Delaware Power & Light 1st 4%s__l971
-
——1969
ref 4Vis
1st
&
1st
mortgage 4Vis
}§ADen & R G 1st cons
§AConsol gold 4Vis
---!
.1969
gold 4s—-1936
—1936
210
*104%
series B
Apr 1978 .V
Dodge 4s ctfs
1935
t ADes Plains Val 1st gtd 4Vis—-1947
Detroit Edison 4s series F
1965
Gen & ret mtge 3Vis series G—1966
Gen & ref 3s series H__—
.1970
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s
i—
.1995
Detroit Term fc Tunnel 4%s_.
1961
Dow Chemical deb 2 Vis
■
L1950
Dul Miss it Iron Range Ry 3Vis
1962
& impt 5s
-
18 V*
17'/a
.18%
*4%
*18%
J-D
M-N
M-S
A-O
-
f?ADul Sou Shore it Atl gold 5s—1937
Light 1st M 3 Vis—
.1965
<1V2
1%
3%
6 Vi
78%
•
:*
21
'
108% 111%
i09% 111%
17
32%
101% 106%
32%.
17
17%
1st cons gold 5s__—1995
2Vis debs
—1950
(NY)
Elec Auto-Lite
95%
1
106% 108
71
25
-
-
20
15%
■
1970
stamped——
A-O
1965
& S W 1st 5s__
Paso
5s
150
vRef & impt
.
%
1%
46
46
46
2
43
53%
96
96
96
11
93
97%
"46
56
103
—
65
84%
45%
V
;
'45
441/4
44
A-O
J-J
*
53%
52%
11
56%
64%
68 Va
13
■V 65%
109 «/4 109%
23
10
61
67%
68
109'/4
J-J
88
40
37%
44%
60%
\
___l960
Central gold
•••
-
7
74
'
106 Va 110
-1987
,•
J-J
'110%
___1961
■I* Stamped
;J-J
J-J
*40%
50,
*84%
90
80-
86
*90
95
90
90
83'/2
83
83%
101
106%
___l961
-^.-1961
Plain
109
4Vis; unguaraiweed_.„-
ref
&
6%s.r
'J-J I
J-J
t
1961
_^___'.1954
150
tAKreuger it Toll 5s ctfsj.—
110% 111%
83%
40%
v
43'/2
-
A-O
<
:
J-J
*106% 107%
105% 106%
M-S
,
103'% 103%
J-J
;
Koppers Co 1st mtge 3%s_.+_
^__1961
Ffresge Foundation 3% notes.——1950
99% 100 Vi
A-O
65
85
•
1.j.Apr 1950
5$—
City. Term 1st 4s.J.__
Kentucky
31
99% 103
150
■
100 Va 100 Va
Vn04'/4
M-S
1965 '
3Vis
Elgin Joliet & East Ry
101Vi
150
;
1 % V 1%
.1%
>
•
A-O
ACertificates of deposit_i_Kansas City Southern Ry 1st 3s___1950
Kentucky & Ind'Term 4%S-_
r
108% 110%
103
*
*100
M-N
J-J
J-D
"
58
20
80%
102% 103%
*105
A-O
38%
A-O
/
1st
Minn Nor Div 1st 4s—1948
East Tenn Va & Ga Div 1st 5s_—-1956
90
J-J
Kings County El L & P 6s.
.^l99?
Kings Co Lighting 1st 5s______
1954
East Ry
57%
J-D
,—1961
t§AK C Ft S & M Ry ref gold 4s.l936
Kansas
40
6
109% 110
109%
56%
•
& Clear 1st 4s_——.1959
Laughlin Steel 3%s
feanaWha it Mlcli 1st gtd feold 4s_.l990
>
87
107% 107%
.
57%
K
19%
20
■
&
3%
111/4
6
-
35%
4%
7
278
:v
80%
25
J-J
J-J
Duquesne
.10%
103 Vi
80%
103
•'
Jones
104% 104%
32 Vi
M-S
s'
James Frankl
110% 110%
104%
S!:iV
19%
19 %
86
111 Vi 111%
A-O
M-S
J-D
J-D
107'%
45
4%
-
!-
118
"57%
F-A
Ry 1st & ref 4s—-J.1951
Cent
12
2VA
16%
*83
t Alowa
-7 10%
332
3
2%
'2%
A-O
J-J
:M-S
104
2
.
18%
2%
'
5sJ_i—1955
Debentures
56%
61%
1041/a 105%'
—
*16%
• ,
51%
.
561/2
106% 107%
16 «/2 -18%
F-A
1 ADes M & Ft
101.% 101%
105'/a
105
•18%
J-J
-F-A
v
561/*
55
103% 106%
*107%-
J-J
t ADenv & R G W gen 5s^
Aug 1955
A Assented
(subject to plan) .7—
7
56
/M-N
J-J
J-J
J-J
••
V 106 . 106 Vi
7*—.-101%
106%
J-J
J-D
96
90% 101
56%
J-J
deb gold 4%s_„ 1952
2%
103 % 105
17
:
M-S
i——1947
-
103% 104V2
104
J-J
r._1955
1%
1
Int Telep & Teleg
20%
1%
16%
..1956
A 1st gold 5s series C__^.._J
Ref sink fund 6s
2
18
J-J
A-O
Internat Hydro El: deb 6si———1944
Internat Paper 5s series A & B_„1947
93%
17%
-
.1956
series AJ—July 1952
series- B_—;
5s
J-J
Int Rys Cent Amer 1st 5s B„J——1972
El
49'%
49
*45%
J-J
,
'
•
J-J
80
2
/: 108% 108%
J-J
ADeposit
Ed El 111
>
*56
*53
—
J-J
1951
v''
F-A
1951
23%
■:5
;
1951
34%
101% 105'/a
•
32%
/
V"—■
J-J
23%
31%
*31%
"
—
5
31%
31%
J-J
1953
-
103'%
——--
receipts.
ADeposit
ARef
86%
M-N
:
1955
4%s
40-year
•
86%
86
46
•'
J-J
92%
84
*86%
;
•
91%
91%
'
V
r
«
1952
3Vis.
•
2814
———-1952
ADeposit receipts
A7Vis series A extended
A6s
15
""
106
.
106%
——
—
RR 1st 5s gold
ACuba
13%
*
15
105'/a 105'/4
J-D
_1942 '*
§ACuba Northern Ry 1st 5Vis
A
48%
15
J-J
V
1955
16
IO31/2 103%
A-O
J-D
—1950
^-1955
f debs
s
Steel 3 Vis
Crucible
36%
1951
1st
108 % 110
110%
J 05%
M-N
M-N
M-N
M-N
M-N
1965
1st
Co
45
174
1951
Extended
109%
1st
2
103%
J-J
1st
Crane
35%
118% 120 '/2
5
42%
Power Co—
Consumers
1st
113
41%
A-O
1952
*109 Va
J-J
1956
—
40
119
.
91%
42%
:
108% 110%
24
•
110
110
J-J
J-J
4s
61%
102% 104%
Central RR—
Refunding 5s—
—1955 "
4s
39
119
98% 103
11
...
31
*110'/8
.
F-A
1954
deb 4s
non-conv
39
103%
F-A
Feb 1957
1951
J-J
A-O
A-O
A-O
J-J
v J-D
103
122% 126%
107%
\
—
29%.'
29%
/
J-D
!—_—.—1948
———1956
:
1958
deb" 3%$
1951
debentures
16
*
Collateral trust
3Vis
3
88
87%
M-N
v
.
.1981
>--V
A-O
102
103
J-D
.
127
87 Va
'
F-A
r1946
1
M-N
5s A—1957
'
debentures
High
i
Consolidated Edison of New York—
3Vis
Low
102
102
M-N
53..—.1949
1st
Commercial
May
No.
*126
A-O
seHes A—1962
1st gold
Manhattan
J-J
"
1954
:
f 5s
s
Co,Gas
Hudson
^
8
1st
Hudson
78% 101%
.
Oil 41/45 debs
Hudson Coal
,
102
—
107% 107%
Houston
84% 102
279
*109
88
15
1
90%
107%
7
113
:•/
901/2
•
-79%
8
93Va
-
Hocking Valley Ry 1st 4%s——J.1999
Hoe (R) Co 1st mtge
.1944
t§AHousatonic Ry^ons gold 5s—1937
101% 103%
80
Range Since
January 1
Sold
High
H
_
__
*101% 101%
Bonds
Sale Price Bid & Asked
Period
*
Week's Range
or Friday's
Last
Interest
24
High
71
59%
59 Vi
Friday
Exchange
Week Ended July
January 1
NO.
High
New York'Stock
Range Since
Sold
65
r
1st extl 4s__—__ 1955
Mackay Corp—
Income deb w w
—Apr 1 1969
Commonwealth Edison Co—
1st mtge 3Vis series I_
1968
Conv
debs 3Vis
,
1958
Conn & Pasump Riv 1st 4s._
1943
Conn Ry & L 1st & ref 4Vis__1951
Stamped gtd 4Vis—
1951
Conn River Power s f 3%s A__.—1961
& Tol
Columbus
'
75Vi
77
A-O
A-O
A-O
J-D
F-A
A-O
M-N
M-N
A-O
J-J
A-O
M-S
-
BONDS
Bonds
Friday's
or
lale Price Bid & Asked
Low
Cleve Union Term
BOND RECORD
Week's Range
Friday
Monday, July 27, 1942
*105
103% 1051/2
100
M-S
-1-1959
.
99% 100
34
98
2%
*1%
M-S
.
3
106%
102
%
1%
104%
58%
70
56%
62
w
.1942
Co—
Railroad
Erie
1st cons M 4%s series
1st
M 4s series B
cons
A Gen
N
Y &
Ohio
A—
,.1957
1995
mtge inc 4 Vis series A—2015
Erie RR extl 1st 4s——-1947
1st
Div
90 Vi
79
48
'49
J-J
104
90
90 Vi
49 Vi
262
*103%
M-N
M-S
1971
3Vis
mtge
*10510
J-J
J-J
*94%
86%
45%
106 Vi
Coll
56%
5Vis
series
D_l——.
97
97%
1960
/
82%
86%
F-A
■
83%
82%
85%
105
.'
1947
'
;
to_.
J-D
A
Certificates
deposit—
of
98 V
106% 106%
106%
98
a
*
J-J
.
57
98Vi
2
105
70
107%
88%
57%
70
65 Vi
_7
3.31/2
14
45
8%
IA2-4s
(Proof of
ACertlficates
.13%
.
Francisco Sugar
—1982
claim)
M-N
.
deposit
of
Corp 3s debs——1956
2
7 Vi
13%
*3
_3
3
*102
J-D
C011 trust 6s——_1956
M-N
*99%
■
—
83
7 7
79
78%
2.%
3
4
79
77.
100%
95
97 %
75%
88
8
72%
84
3
35
44
!// 3
70
:'f .7^',
73
72%
—
:
' A
;
.79
78
*■' '
88
1001/2
;
7
44
44'/«
72
72%
_!
69
69
.93
93
93
78%
Dec
79
77
"
3%
102%
:'
88
70
97%
97%
•'/■
J-D
1975
3 4%
12%
64 Vi
J-D
65%
>
1%
100
12
69
4
Lehlgh Coal & Nav s f 4Vis A_—* 1954
r
Cons
sink fund 4%s series
"
3%
J-J
1944
•
A-O
■
.
/M-S
.
.
7
..
67
79%
■
93
961/4
67%
'5
80'%
-
14
*99%
:
80
/
2
'
1965
Lehigh & N Y 1st gtd gold 4s—. 1945
Lehigh Valley Coal Co—
i
5s
stamped..
J-J
-
1954
C
Lehigh- & New Eng RR 4s-A—'—
JFonda Johns & Glover RR—
Food Machinery
7—
99'%
72%
*99% 100
' \
101
Lautaro Nitrate Co Ltd-
98%
58
Vi
12%
J-D
.M-S
'
'
J-J
1997 if
M-N
1956
3s deb.——1961
& Rub
Tire
}
F-A
1997
jAFla Central & Peninsular 5s——1943
3:Florida East Coast 1st 4Vis——,-1959
A 1st & ref 5s series A—
1974
72
99
Lake Erie & Western RR5s extended at 3%
Firestone
98
99
82%
F-A
1942
f
Fairbanks Morse deb 4s
93
7
%
99
F-A
1942
108
95
ref
&
'7 5
95
101'% 101%
101%
V.
A-O
v
1953
93%
106
A-O
•
1945
99% 100
'
101%
1.
1st &
83
5s
1st it
F-A
ref sink fund 5s_„——, 1954
stamped
ref sink fund 5s_i
■7 7'
1954
—
^
7
>
7" F-A
1964
*77
«
■
7
75
1
*75
79%
*64%
'''<—•*»
66
80
72
82%
7W-
58
66
7;: / .2
58
68
57
62%
.
•
..
7'
,
'
5s
7
1964
stamped
65
65
'
v
Gas &
Gen
Elec of Berg Co cons
Steel
5s—1949
5s
Oct 1 1945
)§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
$ A Georgia
*117..
J-D
J-J
,.—1949
5ViS—
Castings
5s
9
94
98%
21%'
Lehigh
94
26%
10
20
50
93% 105%
10
80
94
*91
J-D
94
__
1974
i—
gtd.5s_
Northern 4Vis
series A
General 5Vis series B
General 5s series C
—
General 4 Vis series D___—
series G__
Gen
mtge 4s series H__!;
Gen
J-J
107Vi
J-J
100
.1973
J-J
90
1976
J-J
•
—1977
General 4Vis series E
General mtge 4s
1961
1952
mtge 3%s series I
1946
!—1946
1967
v
94
Harbor Term
Valley N-Y 4%s
ext.
99
65
44%
Valley RR—
stamped modified.—
50
49%
50
•M-N
29%
291/4
30
27%
21 Va
M-N
1950
32 %
32%-
32%
t
4s
2003
•
2003
105% 108%
100
20
89»/r 90
10
88 %
79%
89
1951
79%
2003
98% 105
•
7
80 Vi
79»/4
80%
23
79
87%
1965
A-O
94%
94%.. 94%
38
93%
99%
1955
J-J
J-J
J-J
92%
92%
93 Va
57
92%
97%
1944
A-O
-
72
72
72%
50
69'%
79%
.1951
F-A
A Debentures
Gulf Mob &
ctfs
Feb
B
Nor 1st
Feb
5Vis B—„___1950
*571/2
8
65
8%
57%
15
'
7%'10%
A-O
90
90
1
A-O
87
87
4
86
92%
1975
J-J
67%
68
3
66%
74%
series A—_2015
Gulf & Ship Island RR—
*
1st it ref Term M 5s stpd
1952
J-J
49
49%
series C
Gulf Mobile & Ohio 4s series B
AGen mtge inc 5s
Gulf States Steel S
f 4Vis—-.1961
Gulf States Util 3 Vis series D
For
footnotes
see
page
325.
1969
.
14
debenture—....
90
46
Long Dock Co 3%S ext to——--—1950
Long Island unified 4s—
i—1949
Guaranteed ref gold 4s_—
-.1949
J-J
*92
A-O
101% 101%
110% 110 Vi
-
-
105%
''
—7
66%
51
23
48
53%
:
55%.
f
•
36
29
38%
32
•
27
40%
30%
•
-
■
37%
26
1
32%
37 %
26%
173
7
46
51%
2
61
114
117%
9
104
106
111% 111%
1
111% 115
2
121% 123»/.
*114'% 117%
105% 105%
*99%
M-N
95%
A-O
M-S
59
4s
stamped.—.:
Lorillard
5s
M-N
58
42%
65
1950
1st mtge 5s
'■ 7
2
17
•
122% 122%
v.
5s
«
36%
55%
J-J
West deb ctfs A
*29%
37
A-O
1962
AGreen Bay &
\
M-N
J-J
'
'•
(
■
-
97%
7
79%
1
-J-J
2003
2
'
■
64%
43%
'
F-A
>
Lehigh
'
....
107% 107%
*64%
43%
•"'•'
1954
2003
Great
j' ■<}. ': tm-**'.
yF-A
1974
31%'
-14'/2
104% 105 Vi
J-D
M-S
ref sink fund 5s_i—
stamped
Leh Val
14
-
26%
26 Vi
1st &
I/
*13%
J-J
J-J
& Ala Ry
...—
951/2 .95%
(P)
/-A
Co deb 7s__
debenture./!—
Louisiana &
109'/a 111
Lou & Jeff Bridge
.
1944
i———1951
1st 5s series A—1969
92%
93%
101% 105
Ark
—1949
Louisville Gas & Elec 3%s———:.1966
Co gtd 4s
.i—1945
•
M-S
M-S
A-O
F-A
J-J
M-S
M-S
*103% 104
102% 103%
'
*—
91%
96
96%
96%
96%
',95%
95%
96
15
9
79%
119% 120
78%
79%
110
110
*—
105%
98
91%
97%
111% 115
*111% 112%
119%
96%
92
5
119% 122%-
8
77% 84%
108% 110
2
105
106
Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
^
NEW
BONDS
New
Ended
Friday
Week's Range
or Friday's
Interest
Last
Period
Exchange
York Stock
Week
Sale Price
July 24
YORK BOND RECORD
BONDS
Bonds
Bid & Asked
L010
323
N-o,
High
New
Range Since
January 1
Sold
Low
York
Week
Stock
Ended
Friday
Interest
Last
Week's Range
or Friday's
Bonds
Period
Exchange
Sale Price
Bid & Asked
Sold
July 24
High
Low
•
Louisville
1
Nashville
&
RR—
1st
&
ref
5s
1st
&
ref
series
New York
2003
4'As series
B
A-O
99%
99'A
90%
91
84 3 i
84%
3
80'A
803A
6
1
104%'
99
'
*
1st
1st
ref
&
&
4s
2003
A-O
2003
A-O
1950
D
series
A-O
2003
J-J
C
ref 3%s series E
—
Unif mtge 3'As series A ext
''
„
803/4
11
..
1033/4 104
90%
84
93 %•
80 Ve
•
86%
4'
101
4
104
16
104
1063A
A
series
C
1
High
A-O
,
743/4
74%
75
41
71
m-s
62
62
62%
103
58
A-O
-1978
993'a
99 Va
99%
8
96%
993/4
98%
99
2
93
99
1947
1950
debentures.
6s
,
series
3%s extended, to—
mtge
J-D
107%
104% 104'A
41/2S
1st
%(}jp
.
83
69%
105
107% 107%
--
5 Vis
Ref
•
January
No,
High
.
Chicago & St Louis—
Ref
•
98
>,
Range Since
^
'
J-J
1960
Unif mtge 4s series B ext
'.
Paducah & Mem Div 4s
1946
.1980
M-S
1952
__
MS
1945
'
F-A
2d gold 3s
J-J
St Louis Div
Mob
Montg 1st gold 4'As
&
South
Ry joint monon 4s_,.._>—
Knox
Atl
Cine Div
&
'
.
'
—
*—
■
79
88 3A
.*109
•
A-O
.
N
Y
Dook.
1951
62%
♦ -
19
89
V
v
86
-
91'
.
/V
A-O
108% 111%
—
1966
Y
&
Erie—See Erie
Gen
Manati
mtge 4'As series A_„
;1960
Sugar 4s sink fund—Feb 1 1957
Manila Elec RR & Lt
Manila
(South Lines)
RR
—1959
4s
*'4614
50
79
*108
J-D
.
117%
F-A
50
*■30
89
^10
85%
46
55 V*
43%
48%
48
M-S
-
1st gtd
western
53»/4
*§AN Y
N
Y
Stamped
8 A Market
A-O
*—
Q-A
90
—1945
1955
jAcKesson & Robbins 3'As..
—1956
Metrop Ed 1st 4Vis series D_,
1968
Merop Wat Sew & Drain 5%s
1950
ISAMet W Side El (Chic) 4s
—1938
(Stamped mod) ext 5s__.
McCrory Stores deb 3'A—1
gold
&
ext 5s_„—1940
ASConsol ext 4V3S
.•
ext
5s
-1938
.
•;
-1938
—
§ Alst stamped 5s gtd as to
int__1938
.
Alst &
ref 5Vis series B—
t A Missouri-Illinois RR
Missouri-Kansas-Texas
Prior lien
5s series
'•
ACum
Alst
RR—
of
Alst
.
&
54 y2
,32
•
93'A
12
'
-
of
A
'~6%
*1%
37
•; 6jA
•••,,
13'A:
9 3A
13
13%
31
9%"
13
13%
17
9V8
§A2d
gold
5
3 V's
%
1':.* § AGeneral
Vsf"
4
%
4%
%
%
63
97%
97%
97%
39 '/a
39 Va
39%
t
2
.
60%
1
•
96% 100
65
34%;
34%
30%:'"
A-O
17'a
128
35%
29 Vs
30
V 1st
■30%' 31%
32
18%
59
17 '/a
;
29%
M-S
—.—
30%
30
30
Gen
56
30%
21 y»
-j
30%
-
21%
10
30
i
States
Mutual Fuel Gas
V
243A
lilll
111.
109
J^D
•
104%
109
.
o
10
93 <
54
109
39%
44
39
39%
24
34 V2
35%
69
109 % 109 Vs
3
35 y2
111% 111%
"3s
Nat
Distillers
Prod
Steel
National
1960
——1949 %
-1965
;
debs
3Vis
1st
.
:
38
mtge
t ANaugatuck RR 1st gold 4s
Consol Gas cons 5s_—
1948
1945
—1945
England RR gtd 5s
tANew
AConsol gtd 4s
■
J-J
J-J
J'..•• -a-
...
•;
Englahd Tel & Tel 5s A—
1952
1st gtd 4 Vi s series B
—1961
•N J Junction RR gtd 1st 4s—1986
N J Pow & Light 1st 4'/is1960
New Orleans Great Nor 5s A——-1983
N O & N E 1st ref & imp 4Vis——1952
New Orl Pub Ser 1st 5s series A—'1952
1st & ref 5s series B
—1955
New Orleans Term 1st gtd 4s_„—1953
.
5s
Alst
series
ACertificates
4%s
Alst
'
5%s
deposit
of
deposit
of
124
,4-w
"
^
w.'"
109
£
...
deposit:
107%
__
■ •
3 7'A
124
.72%
73%
37
.
47'/a
.V
38
V
47'A
42%
•A/-.
*
14
;;
" x>
-
4
8'A
47'A
:
*43
N
Y
Central
RR
4s
36%
18
1st mtge 3%s__U
&
48%
37%
'34%
5
Ref
&
Conv
473/4
47% '48%
A-O
A-O
A-O
94%
M-N
N
Y
3l/2S—1997
J-J
70
_1997
J-J
impt 5s series C—
secured 3'As
Cent
3'/2S
Lake
&
Hud River
registered
Shore
3V2S
coll gold
registered
Mich Cent coll gold
3Vis
For
1952
3y2S_„
—
1
.
•,
39
43%
see
1998
page
325,
F-A
72
101
.
7334
45'A
6
38
42'A
47%
16
62%
164
52'A
1
52%
11
441/2
111
54%
573A
69%
48
593A
48
102% 102%
111
59%
108
109'A 1093/8
M-S
78
66
39
38 3/,
J-J
27%
33
52
109%
68
"
69
41
62
-
J-J
1944
65
52'A
62'A
J-J A■
1st 4s
—.l.1943
8
M-S
v'
\
1093/4
109% 111%
102% 102'A
8'A
'
'
■
__
17
..
* n- ^00
CO
••
^co
•
•
3%s
Elec
1966
debentures
—.1946
Power N F
1st
Transmission
RR
J-D
gtd 5S—
1943
1st 5s„ —,—1945
& Nav con
V F-A
-M-N
109'A
108% 109'A
16
108% 110'A
108%
108'A 108%
21
108'A 110
108% 109
11
107
"
—
■
*104'A
101 ili
10131/
\
__
5
109
102 3/8 1043/4
101 m
H>3
*105
•;■ ■:
J-J
Short. Line Jst cons gold 5s—1946
stpd cons 5s_—
—.,1946-
'■
101 ij
117%
102% 105
<106
7.
.,
J-D
gold 4s___;_1946
106% 108%
t
.
J-D
,
•
31
;
j-j
—1972
&
107'A
107
M-S
_1967
33/4s
Gas
M-N
107
106% 108%
110% 110%
1
109% 112%
J-J
110 3/4
110
110%
52
110
1123/4
J-J
106 3<i
106% 106%
47
104
1063/4
J-J
.-1961
1962
100%
100
27
101'A
78% 101%
'
?
-
.
1st &
ref mtge 3'As series
1st &
ref mtge 3s series J
1970
ref
1971
&
521/4
50
SA2d ext
59%
51
199
46
593A
54%
55
77
49
Rei
mtge
3'As series C
s
M
'f
J-D
;
.
101%
;
7
&
s
Passaic
deb
1966
6s—.;.——
G & E
cons
5s
;
a
-iW
J-D
J-J
••'.*'
'*
108%
/"
)
/ M-N
70
70
9
67
79%
64
64%
7
633A
78s/8
51%
12'
50
611/2
1942
3'As trust ctfs D_—1944'
series E trust ctfs*—/
Secured 4s
_1952
7
62
-
r
'f
.
J-D
F-A
4'As series B_—'
4'As
—__—1981
Light 3'As—
debentures
Gen.
sterl
mtge
33/4s series
50
57
Cons
56%
General
4'As
44
49 %
General
5s
,
—
118
,
49
118 %
102%
102% 102 3/4
8
105'A 105'A
1
101% 102%
28
*103%
A-O
105
107
100% 105%
103
—
100'A 101
102% 104'A
17
105
100
104
101% 101 %
J-J
F-A
106%
106% 106%
47
105
108 'A
F-A
101%
101 '/* 102
39
99
107%
May 1 1948
C_.
sinking fund 4'As
series
series
—
63
98% 100 3/4
40
I
stpd dollar
45%
58%
48
1969
Pennsylvania RR cons gold 4s_*_*_1943
Consol gold 4s_„
1948
4s
1
47%
*116%
105
10014 103'A
1974
—:
'
:
105;
102 i3e 102 A
102%
J-D
&
107% 108%
35
99%
44 Va
94
943/a
106'A 1083/4
2
62
99%
1013A
1
■—.7/7
62
,
*
V
108
102%
85
84%
9
94%
101% 1013/4
7
99%
99
99
'
108% 108%
1013/4
•
108
*105
—
M-N
,1963
——
Power
5
94%
J-D
Pennsylvania Glass Sand 3'As
1960
Pa Ohio & Det 1st & ref 4'As A_—1977
Penna
30
94%
A-O
5
109
101 3/4 1013/4
*91
90
1103/a 1133/4
107% 111%
106% 109
,
Guaranteed 3'As trust qtfs C_
Guaranteed
109
82%
5
9
101% 101%
y
^
J-J
.
Lw
/''■
110'/a 111%
F-A
f gold 4'As__4-1955
gold 3s loan ctfs*
111%
J-D
1938
Panhandle East P L 3s B__—/„-I960
Paramount Broadway Corp—
1st
113 Va H33/4
v
J-D
/
1938
gold 3s
Paducah & 111 1st
61
—
ext gold 4S
pacific Tel & Tel 3'As series B—1966
r.
50
'
-1966.
M 3s series K_„L-J
M-S
545/a
■
J-D
90
: yv
J-D
1961,
1st & ref mtge 3%s series H
•
1949
50'A
3
1964
*89
J-D
1946
Pennsylvania Co—
97'%
50
gold 5s
Pat
45 '
38
433A
148
1st
47%
37
21
•
Co
A-O
54'A
4G
47'A
J-J
M-S
93
*
38
F-A
42
—
38
1944
79
F-A
114
99
55
40
1955
311
47%
40
Paramount Pictures 4s debentures. 1956
453/4
50%
119
112
—
*68 3a
Q-J
Parmelee Trans
94%
47'A
100% 1033/4
119
—
71
Q-.4
"mtge 4s_———1965
Coast
v
50
45
*47
100'A 104
—
Q-F
47'/a.
933A
F-A
.
46%
>39
44
;
5'A
4
F-A
1998
1998
3 V2S
registered-.
footnotes
—1998
1st
§APac RR of Mo 1st
*100
F-A
26%
283A
124% 1283/a
27'A
71%
Q-J
49
38
•.v
47
1998
A
impt 4'/2S series A
*„
—1964/:
Teleg 4'As ext-—:
mtge
-" 1st
41%
34
"Li.
40%
:_1946
2013
2013
series
10-year 3%s sec s f
Ref
A-O
F-A
1st & ref mtge 3%s„!
Gas & El 4s series G—
"
J-J
*99 Va
1967
impt 5s series D
States'Power Co—
Gtd 4s
Newport & Cincinnati Bridge Co—^
>•
General gtd 4V2S
:—1945
A-O
J-J
Pacific
'
—
*111%
Guaranteed
107'A
80
21
/
vS ; •/
,•
72
: /; 8
43
43%
105
-■
*40
A-O
M-S
2047/:
/
Oregon-Wash RR & Nav 4s
Otis Steel 1st mtge 4'As ser A/
.77%
110
105% 107%
2
47'A
43
r-
.
>
43
4—4."
—
19
*120
1997
mtge 4s_—
Ore
82%
75
/8.
••/
;
124% 125
J-J
1st
j. 75 Vi ,82
.
47
'F-A
•
'
<
46 Va
F-A
107 J/4
1
42%
•
75 Ve
••
-
8
•
74%
21%
23 %
M-S
2047
5s Series C_
1st
120% 124 y4
•'■
78
74
117% 120%
2
*
77%
107%
107
125
69%
76
56%
4
106% 107,
J,
—
—
v
80
26
>92%
56
11
76
76
' i-',,
'
*33
,
1
.
110
*77'A
v
A-O..
—
,.
*75 Va
?•'
—
——1954
series A
ACertificates. of
,
1956
61%
>•
118% 118%
•
■t'
A-O
—_
deposit
iuiS
10
26%
117% 119%
•
62%
/
A-O
v J-d
J-J
1956
C—
r'
'
>
•—*
series D
ACertificates
Alst
•
of
T
71%
25%
*24'A
,
Pacific
*
f§AN O Tex & Mex n-c inc 5s—1935
ACertificates of deposit-—
Alst 5s series B
1954
693A
103'A
90
94%
60'/a
<
71%
,26%
7
2047
Oklahoma
103V4 105 Va
'
62 %
6IV2
F-A
A-O
J-J
J-J
:
62%
45
V'V
J-D
M-N
New
ACertificates
;
*71%
'
4s
102% 104'A
,
101% 103 %
22
2047 </
2047
Ohio Edison
111% 112
11
*9114
2
102% 102%
O
31 'A ' 42%
100
•
.
109% 111%
can¬
——
Ohio Connecting Ry
32
*116%
J-D
6
103:'A 103 3A
JUAOg &"L Cham, 1st gtd gold 4s_1948
87
35 xk >r43%
103% 103 '/2
103'/a
110
V
101 >/4 101 '/a
t
M-N
—1954
Newark
■
.
101 Va
7%
108% 109%
103'A 103%
impt 6s series B__i._—
(Wise)
$
1063/4 109 Va
32
104% 105
109%
3%
14
F-A
& Id gold 3s—i_Jan 2047
ry
Northwestern
35 Va -46%
-
2
64%
633,4
104%,
108
J09
F-A
impt
Ref &
Oregon
F-A
J-D
M-S
■ A-O
series A—1978
Prod 3'As
93%
110
-
.«
O-A
4s_—1997 V
&
Ontario
Dairv
-
1
18%
153/4
75%
--
84
6'A
38
93A
109
:
•
A-O
deposit
Ref
Northern
N
Nat
of
Ref
Ontario
Nash Chatt & St L 4s
!
J-J
"Ill"
82
"ii.
50
36%
1
m-n
,
5%
107
>
14%
/
1945
(stamped
/
103'A 106
90
35 Mi-
.
A-O
/
109% 109%
>
109
29
107% 112%
14
110
104% 105%
109 Vs
98% 104
r
•'
111
/
*8614
M-N
M-N
J-D
M-N
-—1955
B——-1955
T & T 3l4s_
1968
1st gtd 5s
1947
80%
48
.
'/;
—
109%'
103
•
■
89%
.
104% 106
v
W
1974
guarantee)
Pacific prior lien
lien
/: Ref &
313/a
42
93
101 lA 101'A.
J-J
J-D
-
M 4Vis series
Mountain
93
*45
A-O
A
M 5s series
Constr
#'
J,
1945
"
33%
33'A
*
A-O
-
1st gtd 3lis—
Constr
'{■r:. /
*82
F-A
-
registered
;
& impt 4'AS series,A
l3A
21
5
v
of
registered/
Gen
24%: 32 3A
102
4s
—
33%
„
M-N
M-S
F-A
,
33As—?-1966
ext__—,—1251
2000
5s
12%
'
,_1974
A
mtge gold 5s
Northern
33 X
■•.•%•■
119
30
30
—
ref
1st &
Tramways
Essex
*11
••••>.''—'ri
:
;
^
20
16%
1961:
guaranteed gold 5s
4
25%
30%
30
'29%
29%'
F-A
July 1938
4s—1991
Monongahela Ry 3148 series B
1966
Monongahela W Penn Pub Serv—.
1st mtge 4%sJ
—-—I960
-6s debentures
—1965
Power
■£.:a 31%
m-s
.
^
23/a
48%
109 »A 110%
33
31%
7%
l'A
39
12
108%
31%
J-J
/
10
106% 107
__
J-J
,
—.1998 T
I
5s A—
ref 5s
4'As series
ref
&
&
gen
cellation
32
/ 10
,\ *106
;
—
•
85
4%
23
,
110
*13
2014
RR
Alst
33'A
23%
1%
—
deposit
1%
21%
34
1 %•
110
•;
•.
1%
41%
1954
ACertificates
55
396
30 li
XV*
40%
:
20
8'A
41%
73
,
27
6%
m-n
.
Westei-n Ry
&
I'A
;
-
3%
21%
12
353
1 Northern Ohio Ry—
313/8
3%
30%
80
6
36
Co—
Southern
Central
North
33'A
30'A
29%
A-O
•<
y2
25 3/8
30%
*29%
M-N
61
51
6
F-A
1st gold 4s_1996
North Amer Co deb 3%s_c_^___1949
22%
3V4
M-N
,,
21
40%
39'A
19 y4
,
29%
.—
—.
1949
1980
35
54
40%
F-A
.-1966
mtge 5s conv inc
Norfolk
333A
35V,
21
53
37
79
J-J
•
,_1946
Debenture 33/4s
41
29 Vi
—
-
•
1981
§ A Missouri Pacific Ry—
3rd 7s extended at 4%
Montreal
1st
4Vis series A_
mtge
t§ANorfolk
44%
/7%
30%
I'A
M-S
■:
Moh'k & Malone 1st gtd gold
Montana
& Bost
Southern Ry
AGen
20
43 Vi
6
J-J
-
/
-1950
Norfolk
'•
243A
25
343A
23%
m-n
/.
t_1955
66
30'A
19
425
;• 39 Ve
•
J-J
-
u_—
Niagara Falls Power 3%S-
(Minn)
Morris &
gold 5s
t § A N .Y West
"
63
196
41%
A-O
/
1943
1%
4
31%
39 y4
X
.
6%
1
•
30%
J-D
-
4'/eS
14'/4
;
13
36
it./;
.
1958
14%
;
19
156
m-n
1965
14%
13
72
33%
'.53%:
::
,
157'
33%
32%
m-s
_1963
13%
34%
33
*
1
J§AN Y SUsq & W 1st ret 5s„j—.
-1937
12%
34%
18'A
;
9%
4%
i3A
1%
i
35%
20'A
68
.
M-N
._1993
%
2'/8
*%
19%
70
31%
:
.33%.
,
J-D
—
29
'
30
,-,-1978
G
deposit——
of
ACertificates
>1967
68
37
7
31%
-,v
A-O
.
'
-1957
4s.
33%
30 Va
J-J
,
—
57%
:.<■
'
•>
64
103%
30
J-J
6s
-1992
18
;r5
54Va
100
--
41%
J-J
m-n
4s
1st
89
6 '/2 '•'
OVs
59
31
-1955
31% ^45%
26'A
23
52
33%
31
t A Harlem River & Port Chester
27
26'A-'
56%
*100'A
—
,31
>
_1956 :
——
6s
Debenture
96
63 A'
„
*29 Vi
ref 5s series I-
&
deb
V
A-O
67
38
4
.
'32
—-
*25'/a
1965
deposit
of
series
5s
4s
t-104% 107
60
17
56%
V
m-s
.
.
-1956
70
53
15
103% 104%
——
53
"
8 A Collateral trust
9
69
'
•
54 Vi 7
.
25%
26'A;
deposit
gold 5lis—
Alst & ref gold 5s series H
ACertificates of deposit
Alst
106'A 107
J-J
i
1977
ref
&
4s
deb
<•
-1954
A 1st
AConv
,
54 Vs
J-J
1975
ACertificates
:
98
*55
J-J
-
.—1978
D
4s————
ACertificates
Alst
V
-1962
—1962
ref 5s series F—
AGeneral
deb
AConv
;
J
.
A
ref 5s series
&
ACertificates
3 %S—:
ANon-cbnv
Pacific RR Co—
Missouri
3 %s_——„. _1947
,
67
43/*
.
70
•'
-t»
52'A
J-J
'
J-J
J-D
5s series A—Jan 1967 :>*•;
adjust
8
-54
Va
107
J-J
J-J
J-J
J-J
' M-S
VJ-J
.—1990
A
40-year 4s series B
Prior lien 4 Vis series
52%
m-s
deb
deb
ANon-conv
105%
41
*96
54
MS
J-J
M-N
M-S
Q-F
1959
1st 5s_
1st 4s
Kansas & Texas
Mo
1949
1978
5Vis
A25-yegr
—
,
.' Alst & ref 6s series A——-1946
■
•Vv"
'
_
1967
Marie
§ A 1st cons 4s stamped-'
consol
m-n
ANon-conv
106 Vi
,
'109% 112
•
*65 Vi
J-D
M;
50-yr 5s series A—1962
tMinn St Paul & Sault Ste
§ Alst
,V
ANon-conv
"
91%
...
104
' -65
:
*2
A-O
JSAMilw & State Line 1st 3%s—-1941
J A Minn & St Louis 5s ctfs
—1934
; A 1st & ref gold 4s_—
1949
&
*60
J-D
—1939
:
Spar & N W 1st gtd 4s_—1947
A Ref
jriniii
>
M-S
M-N.,
J-J
M-S
t§AMilw 6 Northern 1st ext 4%S—1939
jAMilw
.",103
<
82
60
"
m-n
Alst & ref 4'/as series of IS
3Vis—
1st
*106 % 106%
A-O
F-A
impt 4'As series C
AMidland of N J
80'A
119V4
100'/a
101
68%
*104 Z 105%
111'A 115
m-n
ANon-conv
90
.
A-O
1951
—-———1952
-1979
Michigan Consol Gas 4s———1963
1st
98
97
.
116
10
40%
92 '
J-J
MS
Michigan CentralJack Lans & Sag 3Vis
Ref
7
*98'A 101
Q-A
,
1
*98 Vi 102
A-O
—
—,
Ry 7s
30%
23
m-n
-2000
1973
38
106% 108 34
10714 1083A
—
111% 112%
;
no
J-J
-1941
2
110%
'
I
'
1943
f 6s—-—1947
s
—.
St
i
_1946
&
67
series A—Apr 1940
Shovel
Steam
Marion
3'/2S—1—
83
116% 117%
'—•■,/.
1973
49
■
ISAManitowoc Green Bay & North•
64
71
107% 107%
A-O
1949
82 >/4
M-N
-1953
f 5s„
s
60
1
RR
_1948
82'A
J-D
J-D
M-N
V
99% 101
24
—L
.
1945
series A
63
75%
'
M
Central RR 4s
58
100'A
62%
75%
A-O
N
Maine
100
.
F-A
.
83
80
110%
.
883/4 V
M-N
4s
*65%
B
A
:
1970
M-N
*102
32
102 3SS
—
103%
M-N
*109% 112
108'A 111
M-N
*108% 109%
108'A 111
A-O
89%
25
89
1960
F-A
119%
119'A 120%
10
119
1965
J-D
101
100% 101'A
87
100% 105
—1968
J-D
107%
107'A 107%
27
107% 111 'A
89
89%
94 'A
122
THE COMMERCIAL & FINANCIAL CHRONICLE
324
Monday, July 27, 1942
NEW YORK BOND RECORD
Last
Interest
Stock Exchange
Bonds
Friday's
or
Low
January 1
No,
High
Low
1970
1981
89 V4
885/a
883/4
A-O
44
953/4
95%
967/a
96
96
97
9
—a.—*—1952
A-O
873/4
87
88
95
Peoples Gas L & C ref 5s—:—.—1947
Peoria & Eastern 4s ext_._.
1960
M-S
A-O
40
4s_.___..p.—.-,—-Apr 1990
Peoria & Pekin Union Ry 5%s
1974
Pere Marquette 1st series A 5s
1956
1st 4s series B.p
—-—---1956
Apr
*4Vi
3%s
AIncome
1st gold 4s——1943
1974
General gold 4%s series C——1977
General 4%s series D-—— i... 1981
Philadelphia Co coll tr 4 Vis
1961
Phila Electric 1st & ref 3%s.
,1967
1st & ref mtge 23As
:—ii—1971
t A Phila & Read C &; I ref 5s
1973
General
M-S
6s_
AConv deb
$§ A Philippine Ry 1st s f 4s
A Certificates
of deposit
Petrol
Phillips
l3As
M-N
"
64 Vi
M-S
603/8
34
55 Vi
64%
10-year
6
I
103
111%
■
293/4
1st mtge
M-S
1977
—
46%
51
50%
51%
193
'46%
50%
50
51
218
46%
J-J
87%
85%
87%
326
80 Va
82%
83%
*G
66 Vi
217
secured 3%s—
—..1946
1950
4-0
89%
90%
64
88
61%
62%
72
60%
69
107'A 109%
81 %
82
9
78%
88 Vi
90% 1053/a
85%
84%
85%
24
79%
79%
1
■'
9
.F-A
4
*111%
*111%
24
8s
gen
gen
A-0
6s.;
........w—1956
6%s_
—.1956
Mem Div 1st gold 5s
1996'
St Louis Div 1st gold 4s__.
P..1951
Southwestern
10
*105
3
2V8
•
■
1st 8s
-I
1964
J-D
111% 111%
1
1093/4 111%
C——.1968
J-J
105% 106%
5
104% 107
34%
3
5
Bell Tel
ref 3s
series
3%s B_„
Apr
F-A
102 %
102 V4 102'%
J-D
104%
104% 105
49
103
—1953
J-J
104 Vi
104% 104%
18
103 3/a 105%
1945
J- J
108% 108 Vi
3
debs
—1966
Standard Oil N J deb 3s———
2% debenture
Superior Oil 3Vis debs—
Swift & Co 2%s debs.
1961
110
4 ■■
%
.
•v''
118 :
U'N
no2% 102%
100% 103 Va
...1961
M-N
*102% 103
101% 103
—
104% 109
121 Va
1043/a 108'A
,
Tenn Coal Iron & RR gen 5s..—1951
Tenn Assri St L 1st cons 5s_—....1944
J-J
refund s f gold 4si.»—1953
Ref 8s impt mtge 3%s series B..1974
103
99
3
96%
99
98%
,'r
J-J
109%
109% 110
14
109
110%
J-J
103
103
103
3
101
103
86
10
95 Va 104 V*
11
97% 100
11
/ ;
.
t
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56
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A-O
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—
56%
5
55
56%
1
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23
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'v.-
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•
J-J
,
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'
'
—
,
104
104
■3-
■
52%
53
J-D
24
98
39
9
100%
53%
523/4
50%
53%
61
39
533/4
21%
21%
24%
177
12
26%
Roch Gas & El 4 Vis series D___—1977
M-S
.W
-ta
*109
M-S
4.^
'
'
•'
J-J
.
:/
..'wii *
109% 109 V4
109% 1093/4
106% 107%
13
13%
13 Vi
6Va
6
10Vi
65
4Va
3s .debentures..—.
...1967
1st & land grant 4s——1947
34-year, 3Vis deb—
..1970
J-J
7 Vi
5%
96%
•
"-I
5
.p.
—
91%
'
62
*-.
of
ACertificates
deposit-^—
U N J RR Si Canal gen 4s.
United States Steel Corp—
16
106
55
71
71
*70'A
—-,'1
St L Pub Serv 1st
M-S
1959
& P 5s stpd—-1955
96%
-
A Cons M
of
8
1.80s
-
M-S
94%
95
104
104
87
M-N
,—1989
11942
M-N
*100
M-N
M-N
*100%
.Nov
M-N
M-N
*100Vi
M-N
*100
.NOV
noo
ioo%
1003/4 100%
M-N
*100
101
1003/4 1013/4
M-N
*100
100% 1003/4
.Nov
11948
M-N
101
..May 11949
M-N
101 % 101%
M-N
2.00s
33
75
45%
88%
6
79
89
55
67
2.05s
■
2.10s
—
87
10%
16%
11
16%
14
14Vi
50
11%
18%
13%
5
11%
17%
2.40s
14
14%
226
11%
17%
13%
13%
81
12%
17%
)
■ /
2.45s
10
76
;
..
■
;
57
76
22
15%
293A
UOOVilOl
M-N
*100
11952
—
M-N
.May 11954
-
100
M-N
11953
M-N
*101%
101
1 1954
M-N
M-N
*102%
.Nov
101%
100% 101 Vi
100
100%
100 Vi 101
,
100 Yi 101'/a
100
.
101%
100
102%
101%
100 Va 102
loo
100
103
100% 102
..
100% 101%
101
100% 101'/a
*101
.May 11955
10
100% 101%
100
51
24%
M-N
.Nov
—
2.65s
31
*101
■5.
*100% 101
M-N
.May 11953
•
2.60s
2
28
233A
.
82%
70%
45 %
M-N
11951
.Nov
—
2.50$
44 Va
*100 %
11949
100%
100
*100% 101%
100% 100%
..May 11952
2.35s
13%
M-N
M-N
.Nov
——
1003/8 302
6
101
..May 11951
:
2.30S'
100 Va 101
17
*100% 101%
11950
.Nov
.Nov
—
2.25S
'
5
.
..May 11950
——...—...
-
2.15S
57
77%
100
M-N
1.95S.
'17
97%
105
11945
.Nov
M-N
75
70%
J-J
gold 5s series A—1990
77%
100% 10U%
,100% 100%
..May 11948
67%
37 »A
77%
.
100 3/a 100%
*100% v.'.-
11944
101
13
,
69
90%
100 V* 100%
:
w.
102
13%
45%
99
103% 107
100
..
101
12 Vi
77%
r
99
95 Va
*100 %
11943
.Nov
101
12%
J-J
J-J
95%
102 % 105%
104
104
M-N
14%
,,
Nov 1989
AGen & ref
1
77%
94 %
108% 111
11946
U„_.
.
2.55s
bond ctfs
77%
.
M-N
135/a
p—
IA 1st term & unifying 5s——1952
4s inc
;1
11947
13%
M-S
ACertificates of deposit stpd—
A 2d
106
.Nov
14
.
A_——_—1978
4 Vis series
20
103%
..May 11947
123A
J-J
:
}St Louis-Southwestern Ry—
A 1st 4s bond certificates
103 Vi
106
103%
1.85s
13
■'
98%
———; ..May 11946
i,75s
69%
73
*66%
,
J-J
■
,—1950
deposit
J-D
..May 11945
.....
1.625s
-
60
88%
88%
,
—
ACertificates
2
3
..May 11944
....
1.375s-
107%
36V4
4
J-J
JASt L-San Pr pr lien 4s A
—1950
ACertificates of deposit——
lien 5s series B__
78
96
;.May 11943
......
1.125s
2.20s
APrior
109 V'e 109%
96%
—___1944
.8758..——.. ^NOV
1.00s
'■
'
J-J
mtge 5s—
96
Serial debentures
60
71%
;
A.A
tASt L Peor & N W 1st gtd 5s_—1948
St L Rocky Mt
7
1.90s
M-N
11 Vi
98 Vi
96
M-S
Mtn & Southern—
A§Riv & G Div 1st gold 4s-„-—1933
111%
6
99% 102%
96
A-0
5s—.1953
'
,
109%
United Drug Co (Del)
9
.
106 3A
*57%
A-0
—1996
—
96%
*106
108
A-0
United Cigar-Whelan Stores 5s—1952
1.50s
96%
101%
106%
2
M-N
A-O
1.25s
*
100
:
«7
98 Vi
35-year 3Vis deb...............1971
Ref mtge 3Vis series A.,
1980
United Biscuit 3%s debs..—.—.1955
;
J-J
90%
88%
Union Pacific RR—
■.
J-J
183/4
;
—
100% 100%
J-J
.
A-O
57 %
12
105
101
110% 110%
A-0
7%
2
7
7 Va
7Vs
M-N
F-A
'
'
473/4
98% 101%
..
-.P.
*107 Vi
j-j
239
'
-
-
1—
__
■
(Chic) 5s_
1945
loo3/* 104%
A-O
••
t§AUnion, Elec Ry
,
J-J
M-S
Union Electric Co of Mo 3%s—.1971
100 Vi 104 Va
& coll trust 4s A—1949
gold 6s—_—
*99
Union Oil of Calif 3s deb—...1959
97 Va 101
104 V2 106%
53
16
"
U
8
4
18
54%
14%
15%
76%
82
100Vi
53%
53%
105
103
82%
100
2d
*
69 Va
*105'/a 106
82
100
St Louis Iron
J-J
J-J
70%
69
102% 104%
*116Vi
73%
M-N
1
102%'102%
,58%
*100
9
101% 101%
18,
J-D
12
101 >/4.
59%
60
M-S
75%
3Vis
—I960
JgARio Grande June 1st gtd 5s—1939
i§ARio Grande West 1st gold 4s—1939
59%
57 V#
J-J
76Vi
101V*
,
58%
Toronto Ham & Buff 1st gold 4s_.1946
Trenton Gas 8r Elec 1st gold 5s_..1949
Trl-Cont Corp 5s conv deb A...,
1953
75%
M-N
Saguenay Pwr Ltd 1st M 4Vis——1966
St Jos & Grand Island lst'4s——1947
St Lawr & Adir 1st gold 5s„——.1996
1960
J-D
10
22
81%
73
1956
i§
A-O
.
98 Vi 102 V4
60
59%
M-S
Jan 1960
1
99%
59%
80 %
11
101
99%
59%
60
85%
76
104% 105
m-s
A-O
82%
67%
101%
M-S
A-O
85%
22
— —
F-A
——---1949
A Rutland RR 4 Vis stamped—1941
J-D
1977
,.1979
*80%
75%
'
1053/4
99% 101%
A-0
100% lOOVi
'
104
J-D
wU'
' 1
„
1
M-S
75 Vi
M-N
tARut-Canadian 4s stpd
...2000
ref 5s series C_.
108% 110%
1043%
J-J
Gen mtge 3 Vis series J
—1969
t§AR I Ark & Louis 1st 4Vis_——1934
gold 5s.
ref 5s series B.i
&
1'
J-J
mtge 3Vis series I———1967
?•
Tol ;W Va & Ohio 4s series C—j.1942
221%
216
J-J
Gen
100% 100%
Tol & Ohio Cent ref Ss impt 3%S—1960
Tol St Louis & West"1st 4s_.—.—,1950
75%
A-O
3%s series H———1967
J-J
92%
104% 106
80
144% 144 Va
.
*109% 110'A
A-O
J-J
-28
gAThird Ave RR 1st 5s ext...——1943
108% 110%
'
J'
9
105% 105%
85%
95Va
7%
80
'
'
225
<
105% 105%
105%
Third Ave Ry 1st ref 4s—
A Ad J income 5s...
•/■
87%
86%
a.—
1
—
*215
J-J
— ■ ■p-
3
.
109% 109'A
.
J-D
1
.
—
108%
107 V4 108 Va
5%
*83%.
.
105%
M-N
1943
;
A-0
Gen & ref 5s series D—....1980
Tex Pac Mo Pac Ter 5 Vis Ai
!_i._1964
105 Va 107%
,
5
87
87
' '
—
'•
Gen
78%
-A.
108 Va 108 Va
108%
J-J
Gen &
■■■■;
66
''
'
—
gold 5s
com
Texas & Pacific 1st
,
85%
85
85%
M-S
64%
108
120
121
v,;'.-'A;..///;
'
J-J
'
—
*101
—
Texas & N O
85%
122
107
.-'■■■
•
64%
107
*118
J-D
' 64%
*107
F-A
120
120
120
F-A
1965
debentures...—
119
*108
F-A
3s
p.-'
55 Vi
56 Va
■
A-O
Vis A.—1950
Texas Company 3s deb—
1959
Texarkana & Ft Smith 5
98%
96
■
56%
J-D
Revere Copper & Brass
107% 110
—1956
121,
2
23
96
J-D
M-N
—1997
40 3/4
105%
111 Va
,,118
4
/
100
96%
,
J-D
5s——1948
33%
100 Va 102 Va
112%
111
——
''
98%
M-S
.
34%
112
Ill
:1
»
1
...
-1997
Gen mtge
83 Vi
t
...
Remington Rand deb 3 Vis
——1956
Republic Steel Corp 4 Vis series B__1961
Purchase money 1st M conv 5Vis 1954
cons
84%
86 Vi
■"80
105% 106%
;
R
A 1st
923/4
79
79%
J-J
Stand Oil of Calif 2%s
2%
■
97% 102%
71
105%
99
100
J-J
of Nor 111.3 Vis——1968
mtge 4 Vis series C
83
70%
9214'
ASpokane Internat 1st gold 4%s~2013
l3/4
"
105'A 105%
^
A-O
Reading Co Jersey Cent coll 4s—1951
Gen
J-J
61%
30 3A
5
•
.
119Vb 119%
M-N
—-,.-2037
—2037
;;
65%
A-0
8s
102% 103%
•
5
2 %
119'/a. 119 Va
A.—
J-D
1956
1968
Gen & ref 4 Vis series B_
66
Devel
99 Va 102%
'
gtd 4s
.
Devel
1093/s 112
5
■
*111%
r
1
«...
i A Providence
Gen & ref 4 Vis series A
89%
5
100% 1003A
*"r"w
'
:
F-A
J-J
Purity Bakeries s f deb
56%
-86%
82
90%
,
%■'
*1%
-
M-S
Public Service
56%
62%
134
*105%
M-N
mtge 8s
51%
'
t A Providence Securities 4s.—-—1957
ref
57
186
M-N
M-N
A-0
,
Pressed Steel Car deb 5s———-—1951
ref mtge 5s—
58
—1969
—
102 3/a 10251
M-N
—1950
Potomac El Pwr 1st M 3V4s——1966
1st &
60
J-J
93A
2%
100%
J-D
1st 5s extended to
1st &
64%
50
49%
63
,■
F-A
1st 4Vis——i960
Public Service El & Gas 3y4s._,
50%
J-J
9%
M-N
1st 4 Vis series A—.1958
Terminal 4s.—
50%
108
.-1981
—
Studebaker Corp conv deb 6s
1st mtge 4Vis series B__
Elec
164
1955
'
Portland Gen
5
53 Vi
South Pac RR 1st ref
M-N
1950
—1959
1st mtge 4 Vis series C——
1960
Pitts Young & Ash 1st 4s ser A.—1948
1st gen 5s series B
1962
1st gen 5s series C---*—-——1974'
1st 4Vis series D_———
1977
51
M-8
60
56%
52%.
59 Va
53
San Fran Term 1st 4s.
.
59
56%
J-D
M-B
Southern Ry 1st cons gold 5s_—1994
Devel & gen 4s series A.
—.1956
110
2%
J-J
mtge 4%s—_L——1950
Pitts & W Va
105%
120
'
1951
4%s series B
102
1053/4
30%
9%
J-J
& Char 1st 4s gtd—1943
Va
103% 106%
25
112
293A
M-N
Pitts Coke & Iron conv 4Vis A_—1952
Pitts
106%
106
..
108
1033/a 103%
J-J
cons
1st
106% 1077/a
103% 103%
106%
1949
.
Gen
Steel
High
1
19
'
Gen mtge 5s series
Pitts
Range Since
January 1
Low
No,
115
99
102% 102
1
Sold
4
111% 112
,
''
'
Gold 4Vis
.
1043/4 108
'
124
3/8 1103%,
98%
J-D
.Aug 1949
Gold 4Vi8u
107% 107 3/a
983/4
J-J
guaranteed 41/as__ 1964
A—.
——1970
Gen mtge 5s series B———-1975
Gen 4%s series C._
——1977
J
74
553%
110
J-J
—————1968
63%
103 Vb 103 Va
— —.
w
debs
Gold 4 Vis
106 V* 1073/4
9
15
*117
''
J-D
,
Pac coll)
registered—.
60 Vt
■
J -J
—1947
1st 4Vis (Oregon Lines) A.—
69 Va
105% 105%
'
J-J
Pittsburgh Cine Chi & St LouisSeries C 4l/2s guaranteed
1942
Series D 4s guaranteed
ul945
Series E 3%s gtd gold
1949
Series F 4s guaranteed gold-—1953
Series G 4s guaranteed—
—1957
Series H cons guaranteed 4S—1960
Series I cons 4%s——
——1963
Series
■
—
F-A
1949
1962
1937
,
Philip Morris Ltd deb 3s,—.—
•'
Bonds
107% 107%
1979
(Cent
4s
7%
593/4
60
J-D
series B
5s
4s
47
33A
1
High
Southern Pacific Co—
60%
J-J
1962
Southern Colo Power 6s A-
89
37
p.-*
Week's Range
or Friday's
Last
Sale Price Bid & Asked
100%
813A
1
5»A
& Tel 3%s—
debentures—,
68
68 Va
J-J
Ph'la Bait & Wash
3s
1103/4 113 Va
40
IO6V4IO6V4
F-A
——-1980
deb——1952
gold 4%s series C
Phelps Dodge conv 3Vis
1st
_
93%
96
*111 Va
'
>
%
Period
Low
95 3A 100 3/a
A-O
deb
Va
86
J-J
1984
Friday
Interest
Exchange
High
85
,
Stock
Week, Ended July 24
South Bell Tel
Pennsylvania RR (Continued)—Debenture gold AVaS-...—
General 4%s series D
Gen mtge 4 Vis series E_,
Conv
New York
Range Since
Sold
Sale Price Bid & Asked
Period
Week Ended July 24
BONDS
Week's Range
Friday
BONDS
New York
,
United
-
—
Stockyards 4%s
Utah Lt & Trac 1st &
w
w——1951
ref 5s__
1944-
..
93%
A-0
93 Va
93 Va
A-0
96%
96«A -97
F-A
95%
95%
100% lp3%
;
12
91%
39
93
61
93% 101%
97%
102
'
St Paul & Duluth
J-D
1st cons gold 4S-1968
JASt Paul E Gr Trk 1st 4Vis—1947
*78
J-J
tlASt P & K C Sh L gtd 4ViS—1941
F-A
1971
1st gtd gold 4s—1943
1942
9
M-S
Schenley Distillers 4s s f deb
1952
Scioto V & N E 1st gtd 4s——1989
*l3/8
p..
A-0
Santa Fe Pres & Phen 1st 5s
M-S
St Paul
S
Union Depot 3Vas B
A & Ar Pass
J
100 n.
,
11
103% 103%
,103%
.
J-J
Utah
"*2%
3%
9
2
100y 100 si
9
7 y4
gold 4s unstamped
stamped—A Adjustment 5s
§ A Refunding 4s—
ACertificates of deposit
§ A 4s gold
6s
series
ACertificates
of
101% 1033/8
99% 101
■
*100 A
103%
100% 101%
103% 104%
85
"
M-N
—
,
1950
1950
Oct 1949
A-O
1959
A-0
A-0
—
*123% 124%
15%
15%
1%
101% 104'/a
1233A 125
Wp*
7Va
7 Va
-—i
*6'/a
M-S
...
1933
M-S
Oil
2Vis
1935
Simmons Co
For
footnotes
see
page
1941
325.
J-J
1963
A-0
177/a
2%
43A
9%
8
301
5%
11
90
5 Vi
cons g 4s series A—1955
f 4s series B
1957
*108%
F-A
—
M-N
*108%
..
Va Elec 8i Pwr 3%s series B——..1968
M-S
*110%
—
Va Iron Coal
M-8
*72Vi
77%:
J-J
*._
90
Cons
s
8s Coke
Va 8s Southwest 1st
1st
cons
1st gold 5S..1949
gtd 5s
5s—
2003
..1958
A-0
.1966
M-S
.
67'/a
108
1093/b 110%
69
i
.753/4
91
68 Vi
11
107% 108%
21
67 Va
94
67 Va
75
105% 109
10%
25%
26%
18
6%
7 3/8
63
3 Vi
97%
97%
91%
9
95%
*98%
98%
973%
99%
32
37
Virginian Ry 3%s series A...
97%
7 Vi
F-A
F-A
1
4
8%
•PP.
A-O
1964
gtd 5s—
5
10 Vi
173/4
7%
J-J
1952
Socony-Vacuum Oil 3s debs
South 85 Nor Ala RR
1961
73/4
26
J-J
—1950
debentures 4s
Skelly Oil 3s debentures
10
9
F-A
—1954
debs
8%
73A
'
.
F-A
Union
59
63A.
83A
'
1935
2%s sinking fund debentures
tSASilesian-Am Corp coll tr 7s
,
"
deposit
series B certificates.,
14
1%
.
...
1945
A
*15%,.16
15 Va
.
F-A
tSAAtl 85 Birm 1st gtd 4s.r
Shell
V
L
JASeaboard All Pla 6s A ctfs
A 6s
1st 5s——1944
12'A
Vandalia RR
§ Alst
cons
& Light
~4
ISeaboard Air Line Ry—
Alst
Power
96%
33
103%
'
A
—
1053/a'
4
33
2
103% 103%
52
*101% 102%
105% 105%
*121%
15
273/4
83i
100 Va 103%
993/4 103
'
11
104 V4 106
p.—
—
W
8%
—
tWabash RR Co—
§ A 1st gold 5s
1st mtge 4s
series A
AGen mtge 4s inc series A
AGen mtge inc 4%s ser B.__
*71%
79
88
1939
M-N
1971
J-J
77
76%
77%
103
75
80 3i
1981
J-J
36%
33 Va
36%
298
33%
50
1991
J-J
29%
28%
30%
454
233/4
39%
—
,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
156
Volume
Ended
Week
Last
Interest
Period
Exchange
Stock
Week's Range
or Friday's
Friday
BONDS
York
July U
Sale Price
ii
YORK BOND RECORD
NEW
New
325
BONDS
Bonds
Bid & Asked
January
York
New
Range Since
Sold
Stock
Ended
Week
1
Last
Period
Sale Price
$ A Wabash Ry ref & gen 5%s A—1975
F-A
A-O
A-O
1955
A-O
M-S
27
gen
ARef
gen
&
1st mtge 4s
Walworth Co
debentures
6s
,1948
6s debs
Warner Bros Pict
—
26%
11
25 %
2
*25%
86%
*100
__
101%
99
20
Winston-Salem
J A Wisconsin Central
A
S
1st
101%
106
95% 106%
,
B
J/-S
92%
•
43
58
42'A
24
92%
3-J
„
93
38
106 %
29
§ ASU & Du div & term 1st 4s_ —1936
M-N
42%
45%
181
43%
43%
2
15%
16 %
15%
•
47%
114
90%
95
104% 106%
114
.
44%
43%
deposit
50
37%
100% 103 Va
3-J
,,1949
~
37%
111
*103 % 103%
'
1
High
102% 104
—
__
106
106%
A-O
...1960
4s
1st 4s
of
Certificates
Low
*111
3-J
,1947
January
No.
41
104%
Range Since
Sold
High
42
*
M-S
A
3%
deb
81
11
99'/a
M 4s
1st
Co
&
Conv
95
40
101 %
96%
Wilson
88%
42%
J-D
West Va
101
99
93
■
83%
15
101
101
96
27%
—
—
43
J-J
Registered
Pulp & Paper 3s.__
,,1949
Wheeling & Lake Erie RR 4s
Wheeling Steel 1st 3%s series B_ -1966
27%
26%
22%
J- J
guaranteed— -2361
1st 4s
West Shore
28
24
24
Bonds
Friday's
Loxo
High
22%
-
85%
.
M-S
JgAWarren Bros Co deb 6s__——1941
ADeposit receipts
—
.
26%
28%
20
A-O
—1955
5s series B
gen
ARef &
Low
,
25%
M-3
—1976
41/2S series C___
1978
5s series D
1980
ARef
NO,
High
or
Bid & Asked
'
1
Low
Week's Range
Friday
Interest
Exchange
July 24
114
37
50%
37%
45%
35
35
9
'
gtd gold 3%s__2000
1st ref
Warren RR
,1950
Gen mtge 3%s
__1967
West Penn Power 1st 5s E__,
,,,1963
1st mtge 3 %s series I——1966
,
31
86
86
Wisconsin
Elec
Wisconsin
Public
"11
II
*99%
:
„
109
107% 110
25-year
111%
84
105
85
96
96%
3
101 S3 10132
1
10132
Conv
104 %
J-J
3-J
*—
—
20
—
108%
12 Va
12 Va
Y
91%
19
84%
A-O
95% 102
Jtf-S
31
30%
31%
58
20%
30
29%
31
219
20%
32%
M-N
3-D
82%
81%
83
31
79
84
83
84
52
81
88
M-S
79%
79
80
70
77%
85%
-1948
M-S
3%s series D
—1960
M-N
delivery
the
sale
not
included
in
19
101
102%
23
99
100%
101% 102 •/«
99 %
99% 100
the year's range,
d Ex-interest, e Odd-lot sale not
sale not included in the year's range. rCash sale
n Under-the-rule
year's range,
32%
M-S
101%
i_
deb 4s
Deferred
a
A-O
1950
1951
__1960
1951
gold 5s
30-year
34
9
108% 110
—
Youngstown Sheet & Tube—
110
111%
111
J-J
-
..
107% 109%
30
109%
*101% 101%
—
111%
—1943
Union Teleg gold 4%s
Western
30'A
*109% 109%
*105%
A-O
3%s_— —1971
1st 4%s— -1943
JAWor & Conn East
1st 5s ser A—1946
:
1946
JAWestern Pacific
A5s assented
*—
•
'
'
■
3%s,_— —1968
Service
121 %
119
i2i%
*119
included in
gold 4s
Y & Pa gen
West N
deposit-
Power
'
104% 105%
1st mtge s f
1st 4s—,—.1952
1st & ref 5%s series A—■;
1977
Maryland
Western
of
ACertificates
40
69%
33%
*84
—
J-D
3-D
lkf-S
J-J
gtd
5s stpd
Westchester Ltg
33%
F-A
Q-M
F-A
F-A
Washington Central Ry 1st 4s—— 1948
Washington Term 1st gtd 3%s
1945
1st 40-year guaranteed 4s
1945
5s,
Westinghouse El & Mfg 2'/as
83%
the
in
§Negotiability
year's range.
impaired
by maturity. tThe
Accrued interest payable
pound unit of bonds.
the Bankruptcy Act,
200-
per
securities assumed by such companies.
or
"Friday's bid and asked price.
A Bonds
price represented is the dollar quotation
at the exchange rate of $4.8484.
being in bankruptcy, receivership, or reorganized under Section 77 of
tCompanies reported as
100% 101%
22
101% 101%
M-N
included
not
No sales transacted during current week.
selling flat.
'
„
.
NEW YORK CURB EXCHANGE
AND
WEEKLY
in
the
In
Saturday
the
in
footnote
a
July
tended to
which
week in
Week
Curb
Aero
B_:
Ainsworth
Aircraft
Mfg
Great
10
Atlas
1% July
Atlas
Mfg——.
78%
750
12
100
12
class
—,
—25
1
—
—
non-voting,,,—,——,——10
B
Plywood
72%
200
Gas
American
Hoe
—
Automatic
Products,,
Automatic
1_;
Tobacco
Axton-Fisher
Patoka
Ayrshire
6
Apr
July
78 Va
102%
Jan
Apr
Jun
7%
A
com
Barium
Barlow
&
4
Apr
% May
Apr
24% May
4%
Apr
%
Feb
%
Feb
Basic
ft
ft
100
ft July
Va
Feb
Baumarm—See
Jun
Beau
ftr
-
50
70%
70%
'
•
7'/2
Jan
65%
9 %
Corp
■
»_
—
—
Jan
'
-
Seelig
Co
4 Va
6%
Feb
Apr
Jan
Beech
25
6 Vb
6 Va
5%
Vb
.
6 Va
250
Va
Va
50
36
36
34
34%
4%
300
■
...
35%
3,000
4
Jan
Bellanca
Jan
Bell
35
%
36
July
July
28% May
41%
Jan
Jan
ft
125
82% Mar
100
lb/2
104
;
Jan
2V8
1% May
Jan
24% May
28%
Feb
Bliss
25
27 V2 May
32
Feb
Apr
18
Jan
18% Mar
22
100
10%
11%
2,500
26%
300
Apr
11%
Jan
Apr
26% July
7 Va
21
18% Mar
I—I
-
__
wil
V
•
,
'
'
' •
20%
20%
500
2%
2
Jan
85
aa
Jun
20
1,000
*
ft
Bohack
preferred
5%
American
Thread
American
Writing
Anchor
Post
preferred,
Paper
Bourjois
—2
Angostura-Wupperman —
Apex-Elec Mfg Co common,,,—
Appalachian Elec Pwr 4%% pfd
—1
*
100
3
2%
2%
2%
2%
lVa
~2%
1 Va
Common
6 %
Arkansas
Aro
class
A
preferred
Power
&
Equipment
non-voting
•--I
Corp
Breeze
Jan
Brewster
Oil
&
Refining
Associated
Breweries
Associated
Electric
of
;
Canada,,
rects reg
§Associated
Gas
&
48 %
Apr
2%
Jan
2% Jan
3 Va
Electric
common
preferred
2
Jun
2%
Jan
2
Feb
2%
Apr
Jan
1
Va Mar
100
,
_
*
97%
200
%
see
of
America
page
330.
Jan
Jan
4%
Feb
8%
22
8%
21
50
8%
1,400
2 %
300
109 %
100
2 Vb
Apr
6% May
1%
Mar
34
Jun
*
34
Jun
34
_.
7%
% Mar
1
Jan
Jan
Apr
500
%
Apr
lVa
6 Va
Apr
8% July
9
Feb
38 %
Jan
Jan
38%
Jun
8
Jan
10
Jan
6
12%
%
33%
34%
16%
ft Feb
350
Apr
%
100
■
33%
Apr
10%
700
Jun
2%
12
-—1
27
Mar
4% May
600
& Co
5
Jan
35
Jan
Feb
Feb
76
Mar
5
Jan
3
Jun
.100
33 May
42
Mar
.,25
30%
34
Mar
1% Mar
—_
Jan
5% May
6%
Jan
ft. May
Vb
Jan
*
common,
1%
—100
Aeronautical
2 Vs
1 >/4 May
200
ft
—*
*
1
Lgt & Pwr
common
8%
~7%
~8%
6,300
8%
8%
8%
500
4
,1
3%
4%
3,700
87%
2V8 July
ft
Jun
Jan
Jan
8% July
May
4%
7
10% Mar
3% July
19
*
Machine
1%
*
1%
May
~2%;
1%
300
2 Vb
300
52
100
class
2%
—_f
A——
Jan
Mfg
Class
Jan
8
Feb
Am
47/a
Jun
5%
Jan
Am
4%
4%
400
37/8
Jan
4%
i..
-
Jan
Jan
1%
8%
Jan
20%
Jan
Jun
2%
60
Feb
Apr
3Vs
% July
—
—
Jan
ft May
Feb
14%
Jan
40
~
common
A
Oil
55%
12% May
/*
Jun
30% Jun
Co
—100
American
British
6%
;
;
American
British
400
-B
preferred
Brillo
_5%
31'/a
Jan
Mar
10
13%
Jan
Tobacco—
Co
.£]
8%
Jun
9%
Jun
.£1
6%
Jun
8
Jan
Jan
r
V
11% July
'
■
dep rects ord bearer
Jan
3% May
British
dep
1,300
—
—
—
Jan
Jan
ft Jan
ft Feb
Brown
1/64
%
ft
ft
ft
Jan
% May
Brown
V8
Feb
V8
Feb
rets
reg—
Ltd—
ord
reg,—.
Class
$6
Fence
& Wire common.
preferred
Forman Distillers
III
1%
1%
100
"l%
10%
10%
200
7%
Jan
IIIi
2%
2%
200
1%
Jun
A
preferred
Jun
% Mar
,10s
Col Power class A
*
■ft
1
Celanese
British
13
ord
dep. rets
Am
2% Mar
—
Jun
%
fs Jun
1
Co common——
Traction
Corp
Class
3,000
.
*
Feb
117
Preferred
Brill
Jan
%
10
3%
Jan
preferred,.
Bridgeport
Jan
8%
83
Feb
Jan
9% Mar
Mar
103
common,————*
(S)
Corp
9
91 V\
%
83
Jun
22
30
Bridgeport Gas Light Co
~5Va
,5
*
7%
108
1st preferred
2d
103 Va
7% July
700
*
Laundries
8
4% May
Jun
100
X7%
8
1
footnotes
Apr
£1
Class A
For
Jan
1%
Industries—
dep
$5
"%
,,1
Co
American
Assoc'ated
ft
33%
%
1
Art Metal Works common
Ashland
*
6% May
100
—*
preferred,
Bowman-Biltmore
Jan
•
97
•
—10
Light $7 preferred,*
500
'
»
.
97%
-
Arkansas Natural Gas common
July
Jan
5%
Inc—
Jan
3*2
200
-
Jan
8
22
8'A
—,—100
Serymser Co—
2%
100
3
5
*
common
Fence
Jan
1
7% Mar
1
common
1st preferred,
T/o
Borne
Jan
$5
50
1%
3%
3%
20'
1
Corp
(H C)
7 %
700
•
45
1%
33%
Feb
5%
10
common,
Blumenthal
Jan
6%
■
■
Va July
7%
7%
1
Hedges common
(E W)
Jan
61 % Mar
Apr
lVa Mar
100
ft
45
45
*
Jan
27%' Feb
May
4%
July
Va
Apr
39
r
2%
24
79%
j■.
200
5%
5 Va
5 Va
Superpower Corp common,,*
preferred
preferred—
A Mar
U
Ridge Corp common
.1
$3 optional convertible preferred—*
Brazilian
1st. $6
3
Jan
4%
Apr
11
20%
*
$6 series
28
100
%
300
Blue
26
11 Va
.—*
common
400
3%
28 Vs
2%
preferred—;—
Birdsboro Steel Fdy & Mach Co com,,*
Blauner's common
—,——*
50
.,1
10
2
28%
Jun
Jun
18
$2.50
28
—100
„
400
3%
—,1
Canada.
of
&
Bickfords Inc
31
20%
__20
Chemical
500
2%
28%
28%
5
common,
common,.
Aircraft
Tel
Convertible
28
25
Republics—
21%
2%
'
A
convertible
Aircraft
Benson
31
——1
—1
——,100
20%
Feb
32
—
—
13
Apr
Vb Mar
2 Va
Meter Co
American
Jan
"Ludwig"
Mills Inc
14%
94%
Co
Seal-Kap
Feb
5
———,1
Brummell Ties Inc
Jan
2 Va
.—,10
common,,
&
35
Apr
1
Inc
Refractories
Beaunit
94%
——
May
Jun
Jun
71
common,,_10c
Mach
Maracaibo
American
Jan
Mfg—
convertible
$1.20
$1.50
,25
Potash
Feb
3%
4
"
20% Jan
Laundi*y
American
Feb
3%
19
30
—
_
Steel
Stainless
Jan
12% July
Light & Trac common,—,25
American
Jan
2%
10
common—
common,,..;
Co
Rubber
3%
ft
for
preferred—,
Baldwin
20 %
Apr
preferred
American
Jan
Jan
1%
1
class
Collieries
warants
Purchase
60
Apr
American
Mfg
200
Baldwin Locomotive-
10%
American
Preferred
2%
15
Jan
13 Va
American Hard Rubber Co
American
Jan
Jan
Jan
100
'
American
7
16%
13
12%
900
preferred
$2.50 convertible preferred
6%
Jun
12% May
ipo
Machine,—
*
Avery (B F) & Sons common,»___—„5
6% preferred,,.
25
Babcock & Wilcox Co——_w—*
17%
convertible
$2
Feb
2% May
2% Mar
16
2%
,1
Feb
16%
Electric,,
&
General
6
16
ft
% Mar
Voting
3%
common—,*
preferred
4% '/o
American
May
Jan
—100
&
22
300
3
5
—*
Berkey & Gay Furniture,
Fork
325
•
114%
72% July
Foreign Power warrants-
American
27%
1
:
common
Corp
3%
class A——10
Cyanamid
American
Forge
Drop
X22% X23%
,25
A
A—
Class B—
3
~~% ~~%
:
105
May
90%
common—,1
—*
———*
1
Cities Power & Light—
Convertible
22%
99% May
12
101% 102%
4Va
class A common—10c
—,_10c
preferred—.
prior preferred,,
American
Central Mfg
Jan
19% Mar
Apr
72%
B——
class
Common
500
B
100
Board Co
Box
American
May
—I
common—
Co—
American Capital
Feb
12
Feb
750
100
96
—100
Book
1%
Jan
20
*
common——
American Beverage
American
3%
25%
50
Co
Corp
warrants
—•
...
preferred
3% May
% May
———*
Ltd
Jan
18
350
Jan
97
Apr
%
19%
19
Industries common——*
Aluminium
American
83%
10
—25
common
Goods
90%
*
—10
12
Class
Jan
2%
102
Class
ft
90 %
—100
American
Rayon
Atlas Corp
_*
(Mich),,.
preferred—,__—
$5.50
Coast
Atlantic
Apr
*
97
Aluminum
3% Mar
3%
3%
1
.,
109%
Feb
Bros common
$3
Atlantic
July
Mar
Aluminum Co common—,—,—.——*
6Yc
Jan
1 Va
20 %
83
Investment
Aluminum
27% July
Jan
Line
1%
lit May
19% July
107
Products
6%
Jan
Jan
100
100
Apr
Intl Investing $3 conv pfd
Altorfer
4Va July
1%
6%
Feb
3l2 Mar
——*
conv
Jan
8%
Jun
Allied
A
% Mar
Mar
Jun
94
Allied
Class
High
G4
106
pfd
Fisheries
.
Low
% Mar
Co
preferred—100
Coast
% May
Range Since January 1
High
Jun
Atlantic
1%
300
Low
62
5% Mar
19'/a
1%
Shares
100
Jan
73
Alles & Fisher Inc common
Alliance
RR
Coast
Atlanta Gas Light
—,50
preferred
$6
&
Birm
5% Mar
$7 preferred,—*
Southern
Alabama Power Co
Atlanta
1%
1%
for Week
Associated Tel & Tel class A
19%
19%
Sales
Range
of Prices
Par
'
■
Jun
Appliance,,,—--—3
Electric
Mar
.b'y
4'A
200
——
—
Alabama
~4%
Week's
Last
Friday
Exchange
July 24
4%
,_2
preferred
20
Feb
22%
Mar
Curb
Ended
4
~4%
4%
50c
Corp
Air-Way
18% May
20
18%
—5
1
—
High
Low
High
18
-
Week
•
Sale Price
STOCKS
York
New
Range Since January 1
Shares
20
18
1
(NJ)
Warrants
Low
ings have occurred during the current year.
for Week
,,
,
transactions on the New York Curb Exchange for the week beginning on
It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬
(July 24, 1942).
,1
common
Convertible
Range
of Prices
Par
.
common
Access
Investors
Air
V;!
——
—
Associates Inc
Air
i
Supply Mfg class A
Class
Last
common——10
Co
Wire
Acme
V
of the
complete record
a
Sales
Week's
Friday
Sale Price
July 24-
'
y
.
furnish
we
security, whether stock or bond, in which any deal
every
Exchange
Ended
occur.
list
the present Friday
and ending
18
include
STOCKS
York
New
they
extensive
following
RECORD
YEARLY
they are the only transactions of the week, and when selling outside the regular weekly range are shown
No account is taken of such sales in computing the range for the year.
'
'
7.
/.
in the week's range unless
NOTICE—Cash and deferred delivery sales are disregarded
•
46
Feb
May
2
Jan
10% July
2%
60
Jan
July
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, July 27, 1942
71
Friday
East
STOCKS
Exchange
Curb
York
New
Low
Par
(E L)
Range Since January 1
Low
High
ft
—
Jan
12% Mar
Apr
35%
Jan
9%
—
—
39 %
39 %
50
10
75 %
10%
77
1,000
9%
200
Curb
Friday
4 %
Crystal
$6
Oil
Line
Buffalo Niagara & East PowerSi. 60
preferred
$5 1st preferred-.
Pipe
Buckeye
Hill
Bunker
—
16 %
2.50
*
Sullivan
preferred—
dep rets
&
$3
Inc
Burco
25
*
9%
.
9%
Sugar
Tobacco
common—
Lighting Inc
Curtis Mfg Co (Mo)
8%'Mar
12 Ve
Jan
Darby
13
Feb
Davenport Hosiery Mills—
Dayton Rubber Mfg
% Mar
%
Feb
Va
Jan
Petroleum
Class
A
£1
Jan
is
Power
Electric
2%
3%
Apr
A
convertible
1
Co Ltd
Feb
Canada
Cement
preferred
6% %
Industrial
A
Class
2
Jan
77%
Jun
15%
&
21
Jan
Jan
2"%
Corp
Carrier
Feb
—
Stove
Corp
of
Central
Hudson
York
New
Central
Ohio
Central
Power
Shoe
Steel &
Corp
35% May
111%
90
Apr
103 »A
6%
1,800
6 Va
4%
*
5%
—
,
- w
—
.
—
•
4%
200
5'A
2%
Texas
pfd
„.'
75'A
3%
Jun
7%
Picher
Claude
preferred
9!A
107
8
400
9%
%
Feb
13
Jun
7%
80
Jan
10%
Utensil
Cockshutt
Plow
Co
83
10%
—
2%
2'A
41'A
—
Apr
July
Feb
6
Jan
8
ft
125
10%
314
2% May
400
2%
27
350
42
4V8
Apr
30
80
80
80
80
80
4%
—
50
40
Jan
52
Jan
Jan
82%
Jan
4%
Apr
Jan
—
Oil &
Columbia
Gas
Commonwealth
Southern
Distribution
400
3%
4% July
Jan
':
1
% Mar
-:'
3%
27/8
3%
Jan
May
Jan
3% Jan
7%
%
Va Mar
— '
Bond
$6
extended
c
to
Apr
Mar
Jan
3% May
100
1
May
2 *A
Electric
66
200
54
Jun
72%
Jan
19%
20
50
18%
Jun
34
%
Apr
1/64
1/64
1%
1%
1,600
500
%
%
100
15%
15'A
100
__
15%
1/256 Mar
% Jan
13
1
Elgin
Conn
Telephone
Consolidated
Mar
ft
1
common—
4%%, series B
,
-■
4 Vo
Electric
&
Biscuit
Corp
Co
.
common
Consolidated
Gas
Mining &
Consolidated
Retail
8 %
ft
—
1%
1%
1%
3,300
50%
50%
400
1
1%
%
18
Feb
Jan
9% Mar
ft
prior
Oil
Corp
of
Jun
Mexico—
*
5
common
2
&
1
64%
66
390
Jan
102
Jan
Jan
1%
Feb
30%
Jun
10%
10%
700
60
.
__
Apr
Ve July
7%
Jan
3% Mar
88
'A July
12%
Apr
7%
__
71/4
7 y4
100
*
.
Jan
8%
Jun
8% Mar
Jan
35 % July
31
5%
4%
5%
850
4%
Jan
%
80
80
1
__
50
common—
—
;•
Courtaulds Ltd—
.
American dep receipts (ord reg)__£1
Creole
Petroleum
Crocker
Croft
Wheeler
5
Electric
_*
Brewing. Co—
Jan
%
Jan
preferred-—
Crown
Crown
n/s,j
Cork
5
Drug Co common
For
footnotes
page
*
25c
preferred
see
14%
14%
15
mm
1%
Jan
16%
Jan
25
330.
Mar
2% May
16 % Jan
1,300
11%
45/3
100
4'A
Jun
ft
ft
500
ft
Jan
1%
May
1%
Jun
2%
6% May
ft
2-
-~
Apr
—
614
6%
100
4%
Jan
—
%
%
100
x%
5 %
—
18
Jan
Feb
% Mar
1 %
Apr
—
17
Jan
17
Jan
37% July
2
10% May
\
% Apr
45'
1,900'
500
2% July
j
11
May
1%
■
Jan
37% July
60'A
Jan
40
.,300
'
—
38% July
Jan
63%
Jan
6%
Jan
A
Jan
Apr "
2% Mar
5/64 Apr
—
—
23'A
23'A
50
5'A
5%
'
4Va
400
—
133
130
350
133
28
4'A May
57
81
Feb
9
July
23
__
—
.
Apr
Jan
5%
Jan
May
81
Jan
Mar
133
July
Mar
136
July
136
136'
50
85
140%
135
140%
750
82
Apr
140% July
146%
145
148%
150
89
Apr
148% July
18%
Apr
22% July
Power
Equity
Corp
participating
Derrick
&
Esquire
Eureka
Inc,
22
:
'mm-
ft
%
2Va
;
50
2%
22
1
900
V^r-ft
2
50
3%
5%
Apr
Jun
300
19
22 *
3%
Jan
13%
2'/a
22
—.
5
1
—
1
;
50
—
ft
1
common
22 '
—
„
10c
preferred—:
Pipe Line common—
Eversharp Inc
•
—5
common
convertible
$3
stock
Equipment
Jan
2 Va
7%
Jun
Apr
22
Jun
1%
Jan
2%
May
100
Jan
ft Jan
16%
Apr
3% July
Apr
:'$M
—I V-
Fairchild Aviation—:
Fairchild
Engine
Falstaff
——
Federal
L
Co
Compress
Power
dep
&
100
reg*
ord
B
4
300
4
Jun
53
10
44
Va May
78
79 Va
200
69
Apr
1%
600
1%
1%
V—,.
14Va
—
—
Worth
Stock Yards
*
(Peter)
Brewing Co
5
-
—
$3
Grain
Malt
&
Co
preferred
convertible
?
—
—
—
19%
19%
—
—
*
100
500
1%
1
,r.
—
2%
Jan
15%
Jun
Jan
14%
Jun
May
10%
8
.
15'A
-
^1%
15
4,-
stock
cony
-
1
common
participating preferred
(Geo A)
Fuller
Feb
11
—
,
1%
1
V/9
10
\
.
100
14'A
—
Fox
Froedtert
Jan
Jun
'
-
Distilling
Jan
103
-
•
*
Fort
Co
Jan
«64%
'
__
:
voting
Jan
5
4
-
—;—£1
;
Jan
7%
7% Jan
53
?
-
—
Jan
2%
-
,
Canada—
of
9Va
1
6 Va Mar
mU
>
25
$7 preferred—*
Light
:
4
—10—
Ltd—
Co
rets
Motor
Warehouse
&
(Phila)
Class A non-voting
Class
700
1%
5Ve Mar
.
——5
Motor
Am
1
8&
1%
„
*
Association
Ford
8'A
.8'A
—1
Metallurgical—
Fedders Mfg
Ford
Airplane—-
Brewing
Fansteel
Fire
&
$6
Game well
Co
Gatlneau
■
1
k
Jun
18
Jan
Feb
July
1% July
8% Mar
100
10%
18% May
"-'tatar
20%
Jan
10
Jan
Jan
—
:
WW
43 V2
25
43'A
25
Mar
30
Feb
40
*
Mar
Mar
45
July
88
y
8
WW.
—
Power
convertible pfd
—
Co
—
common
preferred—
5%
Investment
common
%
21
—
-m*
%
Jan
100
July
3%
100
4 % May
Feb
52% May
Va July
61
July
-
U Jan
%
ft May
Jan
Jan
^
—
—
13
71
13
100
73
73
20
L_
—
„
—
,v
__
12%
'
Wta
-
Feb
15%
59 Va Mar
102%
ft Feb
—-* "
preferred
,
WW
%
—
.1
*
.
1-
—
pfd—
100 ■.
$6 preferred—*
stock
* .
General Shareholdings Corp com
X
$6 convertible preferred—,
General Tire & Rubber 6% pfd A__100
Gen Water Gas & Electric common—1 :
$3 preferred—
—
,*
General-Outdoor Adv 6%
—
Rayon
Co
A
Ve
55
July
70
Apr
.'
'
.
May
Jan
Jan
Jan
preferred
(A C) common————,,——•
—*
Gilchrist Co
;
—*
Gladding McBean & Co
——*
Preferred-
Alden
Coal———
Godchaux Sugars
Class
—:
69
Jan
Feb
Mar
$7
i.-
Goldfield
Consolidated
Gorham Inc
$3
class A
preferred
(
21%
;
* '
'
r
25 Va
'
.
4*
—
v
'—
■
275
:
—
" 4%
—'
,4
—
'
*
-
—
11
Jan
Jan
—
29
■
—
—
Mines———1
—
Apr
Jan
Jan
May
Apr
42 Va
Jun
3Ve
Jun
4 Ve
Jan
3,200
50
10%
Jan
28
Apr
5% July
92
July
i*e
81%
5
Apr
Jan
—
23
Apr
12% Feb
32
Jan
Jan
9
Feb
100
Jan
%
—
103
May
———•
—
Jan
4
—
*
7
34 Va
80
100
—
4,———*
—
Jan
41
4%
11%
29
—
2% July
21% July
101
—
11
29
.
Jan
53 V?
86%
.:',_
»,
.
Apr
%
Apr
,
,
,
A
96'A
150
—4
—
*
—
*
*.
preferred
—
Jan
27% Mar
Jun
May
3*6
44'A
•
July
35%
__
44
—
'
.
%
44
*
class A—:
B
20
.*•
"
Glen
—
—
'
A '
55
'
—
—
General Public Service
Gilbert
Jun
12% July
2
Jan
Jun
Jun
136
Georgia Power $6 preferred—
%
%
100
Feb
45/8
j._
*
International A
convertible
;
—
42'A
42%
'
—100
82
■
-■»"
1 Ve
41
4
Jan
/
1
Crowley Milner & Co__
Crown Cent Petrol <Md)
II
1
15
Co
Mfg
1
'
preferred
100
.'■v.-
$5
Petroleum
22% Mar
11
50
2'/a
;
67% May
20
Jan
Jan
Jan
11
mm
1
Jan
__
—
Jun
5%
ft Jan
__
33
May
16%
Jan
6%
__
*
*
Jan
—100
$6
65
Jan
52 %
%
37%
J.
,i
Corp
General
Jun
114%
Jan
Mar
Jan
1%
Apr
19
:
•;
—
8%
% May
,
41
% Mar
1%
3
-
-
__
Jan
*
convertible
July
6% May
;
•taw
v
._1—42%
Light 2d pfd A
♦
/
Jan
preferred A-v——
5%
8
r
25
2'A
,
1
1%
1
Cosden
Feb
Jun
1
53 %
25 %
*"•
250
19 %
'
*
5%
Apr
96% Mar
300
23
,:
Jun
5c
$6
—
Jan
1%
175
37%
"
1%
Reynolds-,—.
&
Mar
V''
•
,4
3%
Co
Cornucopia Gold Mines,.
Corroon
B
100
106 Va
10
800
,
———1
c—
100
•
common
$3 prior preference
Copper Range
Feb
■V1
6%
200
1
,,
1 %
10
7%
•—
4%
1
& Varnish
Paint
Feb
2%
Jan
preferred
General
Cook
70
'ft
200
45
*
1 %
1%
—
39% Mar
5
100
Continental Roll & Steel
Cooper-Bessemer
4no;
19 Va
B
4"%
112
1
preferred
Oil
Continental
62% May
Va Jan
.
400;;
8
Feb
preferred
Empire
Continental Gas & Electric Co—•
7%
.1 Va
•.
8%
Jun
100
Steel
',v;
1%
'A
__
»
101'A 101%
1
Smelt Ltd
Stores
Royalty
Ve Jari
'... %
7
,,
•*
*
.'—100
Gellman Mfg Co common——
1
General Alloys Co——
*
Gen Electric Co Ltd—
^
Amer dep rets ord reg
£1
General Fireproofing common
V
Gen Gas & Elec $6 preferred B—.—*
112
100
preferred—
Consolidated
2
:
7%
Jan
Jan
ft
Jun
Jan
%
•
25 "
,
Share
Electric
6%%
4%
1
100
Utilities
Consolidated
Jan
Mar
43%
-*
National Watch
3/128 Mar
Apr
7% May
•
1
Iron
10
preferred
preferred series C
Consolidated
Jun
25
%
__
'
'
Empire District Electric 6% pfd—100
Empire Gas & Fuel Co 6% pfd_
100
•
E L P Bait
,7%
67
1%
,
Jan
July
20% Mar
400
1%
—
—
.ft 7
100
warrants—
Emerson
Conv
preferred—
Consol G
4%
Feb
52
•
21%
10
t
&
Power
Option
Jan
,
:
$3
Jan
Apr
'\
8
common—,—*
Machine
Electrographic
Jan
64 %
__
1
1946
& Coke Secur
Conn Gas
5'A
4%
19
Apr
'
Florida
2
400
V,
Apr
20
25
Community Water Service
Compo Shoe Machinery—
t
Feb
200
•
1%
ft;-'
100*
preferred
preferred
Franklin
V
vV'ft-
Jan
4%
23%
6 Va
__
warrants
Public Service
Community
Jun
3'A
r
58
?
.
Mar
35
6%
1
&
5
Apr
4% Mar
—
__
preferred.100
Commonwealth
Mar
150
■
25
Columbia Gas & Elec 5%
„
Feb
300
—
1 " "
Arms
%
Apr
5%
__
,
Iron warrants
Fire
Mar
26%
;
—
la
4%
*
Co
Ve
-
5
100
Airlines
: :
.
6% Mar
Apr
Jull
5Ve
26
'
—
*
Patent
6'A
400
ft
ft
v-
Jun
lj'/4
—
ft
Apr
3%
900
4%
•
•
Colorado Fuel &
10% Mar
3%
'
'
'
__
i
*
Assoc
v
Washing
$5
Feb
82%
July
60
10
80
*
Rosenberger Inc
Development ordinary
Colt's
„
.-1%
Corp_:
preferred
Electric
Feb
55
Apr
Jan
Feb
14
Jan
2%
*
common
Colonial
Jan
2
May
13% Jan
,
■
Jan
62
x4%
200
5
4
Cohn &
Colon
m
4— '
—1
Economy Grocery Stores
Jan
Apr
70%
50
$5
Jun
4'A
ft Mar
1
Corp—
Aluminum
Club
1
Feb
Jun
19
common
preferred series A
Easy
Jan
3'A
Jan
6% May
100
8%
80
4%
5
t
1
Electric
Coal
'm
v-
100 .•
B
Lead
Malleable
Apr
47
7%
10
Homes
Co
Cleveland Tractor common
Clinchfield
'A May
1 %
T—
Associates—.r-.rsffc
Jan
3"%
—
*
*
*
Lambert Mfg
Illuminating
&
Clayton
Cleveland
Feb
Jan
'
•
„
1
prior preferred
States
Jan
2% Mar
*
*
*
Lights Inc—
Neon
Corp
$6 preferred series
Eastern Sugar
Jan
—
10
preferred
Stamping
Controller
*
—
58
preferred
$7
Jun
8
A
9'A
6%
Jan
95%
85
V
—
100
Auto
City & Suburban
Jan
18% Mar
■
A-
_25
Sulphur
Emsco
Clark
8
10%
mm
*
common—
Eastern
Jan
Jan
1
.
Apr
72 % May
50
76%
7
10
5
25
5
4
preferred
5%
8514 May
75%
50c
Mining
Jan
Apr
5%
—
100
$6
$6
Feb
10% Mar
' A-
1
—
;
Gas & Fuel
4%rA
Jan
2% May
100
2%
1
Cities Service common—
City
,
B—;
class
Eastern
90
preferred_100
5% pfd__100
6%
—.
—
*
,
Cities Service P & L $7
49%
7
Jan
Mar
1%
Jun
'
'•
10
Hosiery
Test Corp
East
6% July
Feb
Mar
6
1
preferred
60c preferred B
$6 preferred BB
105
Apr
mm'
1
Mar
%
17% May
:
•
3%
39 %
'
1
—
__
.
Eagle
Jan
6
1
1
Chicago Rivet & Mach
Childs Co
51% May
Jan
20
Products
Consolidated
2 Ve Mar
Jan
Jan
Apr
& Elec com
common
*
»,
*
Co
Condenser
Durham
Duro
Apr
99
Cherry-Burrell common
Chesebrough Mfg
Chicago Flexible Shaft Co
Chief
20
42
xl9% May
Coal
Corp
Harris
Duval
20
Chamberlin Metal Weather Strip Co„5
Charis
common
Duke Power Co—
Feb
108%
99
Co—;
A'rcraft
Jan
Jan
200
1
mm
10
Co
Feb
23% July
1
■mm
—
mm
_10
Jan
9% July
-
37
300
1%
.
1
.
1
common—
Jan
105
:Iv.
*
7
14
.
Jan
2%
1%
—
1
„
Feb
6%
*.10
common—:
Truck
Dominion
Jan
—
West Utilities
South
Central &
Cessna
9%
>
1
common
preferred
Draper
May
'A
•
12
Jan
108
99
Light 7%
&
8%
—
1
Power
Steel
ft Mar
50
108
99
—10
Central Maine Power 7 %
Central
121
May
600
ft
9%
*
America
Gas
ft
9
*
common
Catalin
Co
May
50
18%
_20
Products
Dubilier
preferred—*
*
common—
Castle -(A M)
121
—
(J W) Co common——r
Products
Carter
Casco
5
14
—
9%
,
1
—
Foundry—'
Gray Iron
Mich
Divoo-Twin
Jun
214
2%
—
Co common
—
com—.
without warrants
Steel
7%
July
2% Mar
1
preferred
$6
6% Feb
.
'
•
Carolina Power & Light $7
100
6%
—
9%
1
—*.35
Mfg
Dobeckmun
100
& Co class A
Carman
Carnation
6%
6%
5
—100
preferred
Diamond
•
•
Products
City
Feb
1
pe Vilbiss Co common
Jun
Alcohol—
preferred
6%
50
Detroit
Canadian Industries Ltd—
7%
May
*
Dominion Bridge Co Ltd
Canadian Marconi-
Jun
1 %
preferred—*.—*
Gasket
Driver
Capital
Jan
1%
—
debenture
Detroit
Apr
•
voting—
non
77%
25
voting
Class B
1%
,
participating preferred
Canadian Dredging & Dock
Apr
Mar
Jun
-
.
7%
Canadian
1%
—
—.100
Foundry Ltd—
Car &
Canadian
100
1%
—*
Tungsten
15%
May
—
—
Detroit
Corp
Callite
Jun
1 Va
Mfg class A common——5
convertible
6%
1% July
% Mar
common
Derby Oil & Refining Corp
July
—
20
10
Sugar Estate
Calamba
California
•
—
%
10%
800
12%
1%
Stores—*.
Detroit
preferred shares
dep 5%%
Am
A
Wireless Ltd—
Cables &
12%
8
*
prior preferred
8%
50c
50c
certificates
12% V
Jan
Jan
12J/aC
Products common
High
% Mar
Jan
$6
trust
%
2.50
-
common
15%
Dennison
Voting
Low
300
5
Curtis
Dejay
Cable Electric
%
r
Range 8ince January 1
High
4%
5
91%
—
—
Atlantic
Apr
V* Jan
'
.
Burry Biscuit Corp
40% May
12% Mar
Corp Am
Burma
Cuban
Apr
%
Shares
10
67 Va Mar
250
Low
*
common
preferred-—
Cuban
Bruek Silk Mills Ltd
for Week
.
July 24
Refining
Sales
Week's
JL.ast
V. Range
Sale Price
of Prices
Exchange
Ended
par
% Mar
4%
%
Jan
11%
ft
York
Week
High
%
500
50
Co common
New
Shares
1
5
*
Co common
Brown Rubber
Bruce
STOCKS
for Week
of Prices
Sale Price
Ended July ?A
Week
V
Sales
Week's
Range
Jan
a3a Mar
1%
28
Jan
Mar
Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
327
NEW YORK CURB EXCHANGE
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
STOCKS
Curb
York
New
Ended
Week
Exchange
July 21
,
Low
Mfg
common
1
Rapids Varnish———
—5
Gray Mfg Co
—
Grand
Atlantic
Great
1st
Greater
100
2
130
130
Apr
150
V-':
—
■
^
:134
124
Va
Feb
32 '
700
3% Jan
5Va
""T1
1
'
■
Jan
134% Jun
%
,
A
Jan
Jun
27
A
-.
83
Jan
..25
Paper
35%
Jan
Jun
7% Mar
Feb
Oil Corp
Gulf
States
$6
$5.50
Utilities
*
pfd—...
31:
31%
.25
-
'1,,;
24% Mar
3,300
100%. 106%
*'
*
preferred
32
:
106% 106%
10
91
10
34%
Apr
92%
108
Apr
109
Jan
Jan
Jan
2%
2% May
Gypsum Lime & Alabastine—
Feb
Lackawanna
Lamp
Hartford
Light
19
3%
50
1
1
ctfs
Brewing Co
—
J)—.
(N
Feb
~I%- "1%
Langendorf United
Class
25
com_.l
Hazeltine Corp
*
Hearn Dept Stores common.x.—xX—-5
preferred—
convertible
6%
Hecla
~~
17-
17
A;' 77
100
100
22
May
6%
900
5
2%
800
May
% July
2
2
300
2
Jun
100
"100
10
100
Jan
Lefcourt Realty common
4% May
—^
Material
Co...
1%
4%
4
%-
"4%
—
Co
5%
5%
H
Feb
Jan
1%
Apr
3%
20%
Jun
Hildick
Hoe
Products
Loudon
50
11%
Louisiana Land &
Jun
■Luu.stana
6%
Jan
Ludwin
"9%
~9%
69%
69%
13%
.
■
..
—10
13%
10
July
10
Apr
:
Jun
100
:
25
—
s,;
Jan
5
*
Consolidated G M
Holophane
Horder's
Co
common——
12% July
100
;
Horn
(A C)
Horn
&
Horn
&
5%
Co
./V-'
7%
Conv
2,800
Hardart
Baking
'
7%
Jan
Co
Hubbell
(Harvey) Inc
Humble
Oil
&
preferred
1st pfd v t c
Corp
Hussmann
Fibre
fie
50
5
—*
uJ
Huyier's common
X—s
V t c for 1st preferred—
Hydro-Electric
Securities—a—
Hygrade Food Products
50
5
y
100
h
Mangel
$5
Apr
24%
Feb
14
Apr
Jun
23%
Feb
1%
4%
Jan
Marconi
Mfg
80O
4%
21%
3%
--
22
250
"2%
!%• '
17
*2%
*
V-
'
17%
:
2%
2%
50
100
50
400
c.I
'
C
'-
j
-
27%
50
convertible
5
Coi——...
Power
Harris
McCord
Radiator &
Apr
McWilliams
15
Jan
Mead
5814
Jan
Memphis Natural Gas
Jan
Mercantile
Mar
Jun
5%
Jan
6
...
__
Mar
Div arrear certificates
Zinc
Illinois
*
—
10
J-y
19 Vz
r
2%
1%
10 '
•••
10O
Jan
2%
Jan
Warrants
Feb
6%%
18
Apr
%
1614 Apr
Jan
100
1
Mar
23% Jan
2% Jan
&
-
May
13%
Jan
214 Mar
■
"7V8 •?7%
7%
_____—
Britain
preferred—
7ft
Co
Registered
International
Class
B
coupon
13%
.
-
11% :
7%-July
9
Jan
86%
1%
1%
107%
Apr
Apr
18
Jan
18%
Jan
•••••
575
500
■:
«
1%
25
500
10%
2,3 U0
Feb
Apr
100
s/e
2
'
"4%
%
2
2
100
A
A
;2
1%
Jan
Apr
4%
4
1114 July
Jan
11
'
% May
3%
Feb
A
Jan
714
6%
6%
7'/8
2XU0
4%
Apr
Mills——preferred..^
*
21
10
Iron
Fireman
Irving
22
400
15
Air Chute——i-x
A
~7%- ~7%
—1
100
23
July
1
Jan
Jan
x—
Italian Superpower
Mar
10%
Jan
7% May
*
% May
%
Feb
28%
Apr
May
21
Jan
Apr
22 %
•
5
July
A
150
*
—1
Mfg voting trust ctfs.._*
July
A Feb
2
100
23%
$7
Jan
x
Jan
,22%
Hosiery
Jan
% July
15
7% July
Jun
9% Mar
♦
Jacobs
(F L)
•2%
——-—1
Co.——
2%
2%
3,300
1%
2%
Jan
—*
1
Jan
60
May
—
Scott...
preferred
—;
Kansas Gas & Elec 7%
Kings Co
Lighting 1%
5% .preferred
Kingston,
Kirby
D—_
Products
20
61
Apr
78%
20
68
Apr
1%
Preferred
Class B
Middle
t
v
r
x——
Oil
Corp
$2
Midvale
Co
Mid-West
4%
500
50
*
Oil
1
%
1%
99%
%
1%
17,900
99%
99%
10
%
%
600
(D
Emil)
Co
Piping
Mid-West
(I B) Rubber Co___x—
Knott Corp common..
—
Kobacker
Minnesota
Mining
Pwr &
8%
Jun
5% Mar
2%
2%
200
2% Mar
A
A
500
2%
2%
1,800
;
"i
2% July
•
>
8
•
27
27
—50
Mock Jud
Voehringer
Molybdenum Corp
Pictures
Monroe Loan
Montana
40%
Montreal
150
1
103
Moore
(Tom)
Dist
*
stamped.—
Mtge Bank of Col Am shs
States
4%
100
3V4
Apr
7%
100
5
Jan
4%
500
""%
/
700
5%
156% 159%
Mountain
States Tel
19%
20
Koppers Co 6%
preferred.
___■
.100
•
i-x.
84%
/
85
•
...
convertible
preferred——100
Kress (S H) special preferred..
10
Kreuger Brewing Co
r....1
For
footnotes
see
page
330.
Feb
1% Mar
Apr
6
Mar
161
Feb
Feb
17
Jan
20
July
152
50
Jun
Feb
%
Feb
1%
1%
2%
Jan
1%
5,000
4%
4%
200
4
May
9%
50
9
May
11%
Feb
99
x.
Apr
114%
Jan
May
9%
Feb
1% May
...
9%
5
Feb
7%
Jan
*
5%
Apr
5%
Apr
...100
68%
Jun
68%
Jun
,_2%
common...
...
150
10
10
Jan
N
National
Bellas
Breweries
Candy Co
City Lines
116
Apr
39% Jan
Jan
1% July
100
Apr
7
.100
preferred
Hess
convertible
!
*
common
Feb
2
% Mar
Feb
Container
&
"%
A
1
50
(Del)
11%
—
*
Light $6 pfd unstpd..*
;
8*/a
.
Car
12%
Jan
8
Feb
3%
Apr
National
Tunnel &
10%
81
Jun
97
50
Apr
52%
12%
Feb
13%* Feb
2%
Apr
Mar
4
Feb
Navarro
Jan
Nelson
Oil
12.50
Nestle
*
Radio..——.—30c
Co...
—
preferred
Le Mur Co class A
10%
10 y8
Jan
3
Jan
Jan
Jan
1,525
68%
Apr
95%
Jan
93
Jan
'
80
80
10
62%
Apr
2
2
200
1%
Jun
5%
Jan
7%
x_
21%
Apr
24%
Feb
11
Jan
2% May
Jan
7xk Mar
10
2%
.....
*
*
10% May
9
300
2% May
4%
Jan
% Mar
%
.
Feb
9%
Jun
11
Mar
Jun
113
Feb
Apr
3
105
2j/4
6% May
5
*
Jan
400
2%
*"
100
—
7% Mar
10 Va
10
2%r
X
Corp
Neptune Meter class A—
Apr
8% July
Feb
May
Jun
—.
10
Mines..—...
(Herman)
45
7% Mar
Feb
Union
Jan
Apr
81%
—
National Transit
Jan
14%
'
Ltd
Apr
7% July
11
81%
—
Sugar Refining
National Tea 5%% preferred—..^
7%
Feb
Jun
is Feb
/
1%
-
81%
18%
8
300
2,100
-
Refining common___..__„__*
National Rubber Machinery.—...
*
Steel
8%
8%
■
_
Apr
39
—
8%
~8%
National
National
Jan
Jan
11
100
11%
—
1
*
common
9
i*6
18%
800
'
..
*
^
common
$6 preferred stamped
is
11
—1
common
6% May
__
preferred...
Nebraska Power 7%
1st
Feb
9%
& Tel..
Jan
Kresge Dept Stores—
4ft
iy8
15% July
70
it
common
Murray Ohio Mfg Co...
Muskegon Piston Ring
Co
I"
7% July
5%
30 y4 Mar
%.May
1%
Jan
4% July
4
Apr
18% May
—
5c
10
Power
July
1
Producers
Mountain
103
44*%
■!
City Copper common
Mountain
Jan
May
15%
pfd.l.
Investors partic
82
4%
.159%
% May
Feb
May
7%
10
*
Jan
90
10
1
A
14% May
2% May
32
Light Heat & Power...!
Moody
Mountain
41%
*
common..
1%
4%.
7%
....1
Utilities..—.
Ward
100
Jan
Jan
67
103
r
..
Society A
Dakota
Montgomery
2
Jan
1%
7
x5% May
13% Apr
—
103
May
% May
40%
—2.50
...
14% July
41%
/
*
common
95
1
25
Jan
8% July
% May
2
..
pfd—100
pfd_.__100
Nachman-Springfilled
19
.100
Feb
Jan
11% May
100
—
•
Monarch Machine Tool..
Monogram
28
—
Public Service common..
Missouri
Jan
1,900
~8
Jan
A
4
25
__
Jan
30
"7% ~7%-
3
% Mar
2%
__
5
...
Mississippi River Power
2
-
Feb
Jun
4%
Mfg
&
Pwr
8
Jan
6%
200
preferred
Light 7%
National
"7%
1%
400
i
88
53
—1
Jan
Jun
5
Mining Corp of Canada
Jan
..10
Feb
4%
7%
Apr
27 % Mar
♦
Inc...
Stores
Apr
% Mar
Apr
%*
Supply..
&
National
Kleinert
Apr
28
106%
4%
Refineries
Mfg & Stores
Jun
1%
Jan
7%
10
National
10
Jan
5
vtc.l
Co...
National
common^
Jan
Mar
1% July
99% July
% Jan
3%
National
Klein
Jan
26
Apr
%
115
7%
National Fuel Gas
%
6%
Jan
1%
♦
Jan
1 % Mar
Jun
94
'
1
.
Jan
''
4%
Mar
400
common
Abrasive
Midwest
May
Petroleum————_■
G M CO Ltd.^J——1
Feb
29
%
dividend shares....
non-cum
8
Kirkland Lake
4%
102% 102%
May
10
conv
5
iy*
Jun
3%
Midland Steel Products—
Jan
1%
Jan
%
common.....
Mar
1
1
4%
1
Corp
July
1%
Jan
21
%
c.
West
4
21%
25
.
1
Middle States Petroleum class A
$3
20%
Jan
3%
Mar
2%
>;
.
6
20%
126
2% July
18
15
Micromatic Hone Corp..
111%
.
Feb
90
•
*
pfd B__r—100
100
700
2.50
5
A—x__•'
2%
Jan
K
-
2%
25c
—...
Michigan Steel Tube
National
.preferred...100
Inc....——
Ken-Rad Tube & Lamp
*
8% Mar
-
_.l
Corp....
....
preferred
Metropolitan Edison $6 preferred
Michigan Bumper Corp
81
'
■
Kennedy's
69%
78%
—_—
1% Mar
Apr
2%
*
....
National
"
69
100
7ft
preferred
—
—100
Julian & Kokenge common...—*
6%
Feb
6%
A Mar
National
Jersey Central Pwr & Lt
tt
200
..._100
Textile
6%
:
5Va ft pfd__100
Co
Jeannette Glass
&
Participating
Muskogee
J
100
Apr
23%
Royalty
2% May
1%
—
Jan
Jan
*
*
1
Interstate. Power
Jan
414
1,000
-
Jan
13
1/128 July
8% Mar
>
Jan
7%
•
July
77%
Feb
9
"4%
'17
1%
i>
Jan
%
1%
*
class A..1
preferred
Minnesota
1%
300
-
714
1% July
10% Mar
600
'
Apr
3%
Apr
7%
:
*
5
common
preferred
Midwest
'
% Mar
preferred
prior preferred.——
Interstate
Home Equipment.—
Investors
Apr
Jan
Apr
500
4%
10%
*
*
$3.50
Apr
4
:
12
55%
4%
Utility class A—:
*
:—X.
x_—xx——*
$1.75
Interstate
Jan
-10%
-
:11%
iy4
10%
10
67
64%
11%
1%
-.
17■
14%
15%-
X.
B
140
-
% ■:
%
—*
Razor
95%
13%
%
shs.J*
Products
International Safety
'
Apr
2%
400
1/64 1/64
shares..,——'
International
■
warrants
Petroleum
Jan
12
50
International Industries Inc..-—
1
International Metal Industries A—*
International Paper Co
"3%
94%
xX.
series
"3%
-
10
*
Cigar
$3.50
International
Jan
8%
100
Xi_.
of North America
Machine—
International Hydro ElectricPreferred
6
7% Mar
"3%
Industrial Finance vie common—__1
International
A
&
Pipe Line..——
Insurance
7% July
*;;
7%
Indianapolis P Sc L 5% ft preferred_100
Indiana Service 6ft preferred—... 100
7ft
preferred
—
100
Indiana
Jan
—£1
...
Co
Chapman
Midland
Great
of
Tobacco
5%
•100
7%
2%
1,200
V
10
Apr
2% May
600
Jan
Feb
12%
500
Jan
1%
2% May
;
Michigan Sugar Co
Chemical Industrie^—
Am dep rets regis..!——.X—
£1
Imperial Oil (Can! coupon.xx—
—*
Registered
x.X:—*
imperial Tobacco of Canada..-——5
Ireland
Participating
Feb
Metal
iy4-
1—•
CO—x—;
&
cpmmon
Manuiacturers
Merchants &
A
A May
•
July
7%
♦
Messabi Iron Co...
18%
Jun
27
a'a
Mfg B—
Stores
8%
Imperial
Imperial
Johnson
Jan
■:
18%
Apr
10
__
2%
*
common
Dredging
Feb
•
preferred.!—____50
Jan
1
2%
50
Jan
1
t C_.
v
Jun
July
1
*
Jan
1^1
Illinois Iowa
Mar
25%
•
112
'
■
Apr
23
Jun
2
'500
12
Jan
1% Mar
20
...
Steam Shovel
414
50
Mar
Jan
Com¬
Margay Oil Corp.
Marion
%
~7%
4% July
102
16%
*
...
Marine
Ltd..
Co
Feb
3
-
~7%
Apr
May
%
2%
...•
Co..
International
munication
Jan
2%
46% Mar
2% Mar
10
5
1
preferred—.:
Consolidated
Merritt
—
j
Jun
300
Jan
15
375
.100
Stores
convertible
12
Jun
1,300
3
,
%
% May
325
15
—100
...
Massey
51
3.
■
Jan
M
30%
5
1
1
-.:V
21%
50
Feb
.8%
16
Manati Sugar optional warrants
Jan
;..
••
13
*
Co
Hygrade 'Sylvania
23
.
5
——
Corp—x—
Ligonier
1
„
23
14
Apr
93
common
Jan
Jun
109%
—
*
Refining.—.-.
Hummel-Ross
214
100
——
Feb
*
common
Mass Utilities Association
X-X—_—*
Hardart————
preferred
Jan
%
Jun
5%
Lignt $6 pfd
&
14
27% Mar
1
Feb
16
11
!*
.......
1st
7%
Lynch
July
2
17%
'
common-—
6%
Apr
Apr
% Mar
Feb
88% Jan
Apr
12
'-x
''w*.'" *
5
'
V.
Feb
Jan
14%
July
11%
5% Mar
12
*
& Co common
(Geo A)
6%
*
Inc.——-———
Hormel
6%
—
%
27%
13%
100
6%
Feb
Jan
July
15%
Exploration—.1
bower &
Baumann
Mapes
Hollinger
Jan
Jan
5
Jan
5
67% May
1Y* Mar
.
l»/2
10%
Jan
24
9% July
100
.
Jan
6%
3% Mar
;
-
11%,
6%
6%
,
Packing—..
29%
20
2 %
xx
—-—
& Co class A
(R)
23
•
50
•:
Feb
Apr
2% Mar
Jan
214 Jan
*
,
6 % May
..
10
Chemical
Heyden
>':y
*
5
—
'
23
6%
Jan
20
100
15%
Long Island Lighting common
*
7% preferred class A—..100
6% preferred class B—...100
Jan
5%
25
—-———■
common
350
-
:
—
Jati
13%
3% May
A
15%
Lone Star Gas Corp....
8 %
2
—
Holt & Co participating A.
Rubber
7%
—*
—
common
Preferred
Henry
Hewitt
7%
*
Rubenstein
A
Class
Heller
300
5
Jan
Jan
100
Jan
Conv
Helena
1,300
23%
20
——„*
Locke Steel Chain.——....
..5
3% May
1,300
4%
common..
19
Jap
2% Mar
9% Mar
4%'
25
....
9
3
5% May
Apr
2% Feb
1
(Thos J) Inc 6% preferred
Brothers
43% Mar
13%
Convertible preferred....—x—*
Lehigh Coal & Navigation.....^..—_*
Leonard Oil Development——25
Le Tourneau (R G) Inc.
1
25% Mar
25c
Mining Co
25
_1
46
1% Mar
50
High
'4
£
—_—*
——
Apr
2% May
14% May
'
Low
2%
2%
,
Hat Corp of America B non-cot
Range Since January I
High
Bakeries class A__*
B—
May
1%
200
Low
1
15
%
—7,'.'
Shares
—100
,
40
•
25
x
voting trust
Rayon
Harvard
19
Paper.—.
Electric
Hartford
4%
.——x'——i5
10
Co.,
Hammermill
100
RR
Mines Ltd—_...
Shore
Lane Wells Co common
Lit
•
for Week
Lakey Foundry & Machine.—— 1
Lamson Corp of Delaware
5
Lane Bryant 7% preferred
—100
Lipton
4%
£4
Par
Line
H
Hall
Sales
Range
of Prices
1% July
■
Gulf
Week's
Last
4% Mar
May
58
-
Friday
Safe Price
Exchange
Jan
29
3% Jan
...
Curb
Ended July
High
Jun
75
'
68%
*
& Die__—
Stores Products common -25c
Greenfield Tap
Grocery
21
York
Week
Lake
67
—1
York Brewery—
Northern
Great
3%
Low
1,
*
common
New
100
Pacific Tea—
&
stock——
loo
preferred—,,—
Non-voting
7%
-~
22%
3%
22%
-10
,
High
22%
Par
Gorham
STOCKS
New
Range Since January 1
—
..
July
8V2 July
Feb
1% July
1
THE COMMERCIAL & FINANCIAL CHRONICLE
328
Monday, July 27, 1942
NEW YORK CURB EXCHANGE
Last
Exchange
Curb
Ended July 24
Week
Sales
Range
for Week
Sale Price
STOCKS
York
New
Week's
of Prices
Shares
Friday
Low
Par
STOCKS
L010
High
Apr
21%
22
350
19 y4
Apr
85 %
86'/a
110
80%
Apr
101%
4%
Feb
New Jersey
Mexico
Process
N
Y
N
Y
$6
"3%
Apr
Class
A
Jan
7%
90'/a
20
90%
23/4
Feb
18
Feb
10 %
Jan
Jun
100
8iy2 May
,
74
16
-
94
Jun
Jan
1 'A
53 '/a
53
102
Apr
1%
1,100
lVa
Jun
250
'
Reed
Jan.
;
Class
53
Roller Bit
Reliance
69ya Feb
Jun
B
2%
2'/a
86
10
9%
700
8J/4
fa
100
*3ir
58
7%
y2
600
50
50
58 '/a
58
Vb
&
700
Jan
Jan
8%
Apr
aa
Apr
iV May
6%
Jan
14%
Jun
Jan
•
pfd.100
/
85
4%
4%
5%
900
Corp....————*
16 %
16 v*
17'/a
900
.ft'-A
Jan
16%
Apr
51%
Apr
Jan
Roeser &
900
aV
ft;
1
100
»'
Jan
Feb
Root
81
81
x6%
ft
■
1"
Apr
Jan
July
'
%
;
Jan*
943/4
Jail.
77
10
•
95
Jail
May
12 % Mar
10% May
9%
8%
8%
100
7%
Apr
2%
2%
100
2
Jun
4%
1%'
8%
13/4
200
1%
Apr
2 %
Jan
Feb
K
Va Mar
Co._—————L—1
Petroleum-
$1.20 convertible
Jan
preterredft....
Ryan
Aeronautical Co^.—
July
Ryan
Consolidated
10
11%
500
9% May
15
Jan
45
Royal
44
45
250
36% Mar
53
Jan
33/4 Mar
23/4
Jun
5 Va
1%
•j,.' :t.
Feb .ft
3 Va
.1
Petroleum..ft—...*
Apr
2% July
li
% July
1
Ryerson & Haynes common
Jan"
11%"
20
July
Jan
Jan
11%
81% July
Corp common.——5
..5
Feb
88
Feb
5%
*
Jttn
Jan
.11%
,>
Jun-
% Mar
Va
Roosevelt Field-Inc.——_i__...
'"•J
&
Apr '
Apr
5%
300
Jan
18 % Mar
1
2% May
10
."5% ~5%
Apr
Jan
iy»
"
Rome 'Cable
3%
Apr
2%
:
■
6%7»
July
Feb
Feb
:h May
May
3%
Jan
Apr
102
Jan
Apr
108
Jan
1% Mar
93/4 May
6% July
Mar
17% July
Jan
St
17V4
Feb
14
Jan
$6 preferred.———*
85
Apr
100
110
Feb
112%
100
1%
800
1%
1%
"2
United
'"ftftft~2ftft*2
200
Co
common—
33/4
Jan
A
Jun
ft
Corp common........I
:
:
♦
.
%
Feb
Jan
Apr
21% May
% Jan
Apr
19
ft
Co....——.5
Schiff
120 ft
1% July
,
Mills.—-..-.ft.—ft—
Oil
Jun
Apr
107
Co——.1
Oil
Dome
Savoy
Jun
1%
5
...
preferred——....100
12
Apr
%
Jan
preferred..———.100
Ohio Power 4%% preferred—
—100
Ohio Public Service 7%, 1st pfd——100
6% 1st preferred
——..—100
Oilstocks Ltd common
——
5
common
8% May
2% Jan
8'/2 May
pref——.....50
conv
Paper
Samson
Feb
$2
A
Regis
Sanford
23/4
1% Jun
Corp Ltd.————_*
Lawrence
Class
St
o
400
"5%
9%
3
1,—.100
preferred.——100
Pendleton Inc.......ft.i____*
Tel
Jun
Salt
2
~3]
14%
pfd C^-.ft.lOO
%
7 %
2
200
1
18
11
15%
%
18
7%
Ogden Corp common.—.———4
Ohio Brass Co class B common..
*
15
"5%
52
87
.100
Line———10
States Power class A
25
Feb
Jan
July
13
,V Jan
Typewriter...—-——ft—_—__*
RussekS Fifth Ave.v:...——ft.._.__2%
72%
20
13%:
6V4
1% Mar
preferred
Rochester
5% May
3y4 May
85
,50
Apr
4
46 V4 May
Goods.—
Valley Gas Co v t c
•
Apr
y.V/ft
•
50
A
Radiator.....—
Rio Grande
2% Jan.
90
15% May
preferred...
Novadel-Agene
ro!«.
_5-
15l/2 Mar
Northern Pipe
Northern
70
150
:___50c
Engineering
50 %
•
50
Public Service 6%
Nor Indiana
ft
5% May
% Feb
2 y2
...
Utility Securities
Apr
May
% Mar.
JApr
n
Central Texas Oil——.5
Northern
56
139
*"
1/128 Mar
21/* Mar
200
8%
8%
Light & Power common..1
American
North
-
'ft'; 6
13, ft
>
Oil Corp:.—.
Dry
Richmond
"
86 "~86
————*
1
common——...
10
.....1
Co..
Electric
Rice Stix
Jan
a'a Jun '
common.,——5
..——100
prior preferred-———
6%
%. ■"
ft 6
Republic Aviation.——————.1
Rheem Manufacturing Co.—;
.1
Feb.
1%
1/256 Mar
———*
American Rayon class A——*
North
High
70
63
83/a
i
Co
Reiter Foster
Mar
ft" 27 Feb
Apr
50
32
Nineteen Hundred Corp B——
preferred..:
63
143 ft"' 143 %
Raytheon Manufacturing common..50c
Jan
7
Feb
19%
53%
1%.
25 A
Apr
6Va
Nipissing; Mines————
5
Noma
Electric.————_-1
$6
♦
IIoo
Raymond Concrete Pile common.—
.?
$3 convertible preferred.—.
—*
Jan
91%
May
10
25%- 25%
preferred——
North Amer
Low
,
—
Niles-Bement-Pond"
Range Since January 1
High
R
Rochester Gas & Elec 6%
Niagara Share class B
Low
Radio-Keith-Orpheum: option warrants.
Railway & Light Securities
; : ft
Voting common
.10
Railway & Utility Investment A—1
Red Bank Oil
shares.—.
Shares
Jan
Mar
Y Shipbuilding Corp-^-
Pounders
for Week
Jan
13A
1%
1
N Y State Electric & Gas $S.10 pfd.100
New York Transit Co
——5
N Y Water Service 6% pfd—:
100
Niagara Hudson Power common
10
5%
1st preferred—:.—
:
100
5% 2d preferred——_—_———100
Class A optional warrants—:—
Class B optional warrants.——
v
68'/a
Apr
liyB July
Merchandise——10
Power & Light 7% preferred—100
preferred——:i————
*
'
Apr
"2%
Co common...—.:
Sales
Range
of Prices
Friday
24
Quaker Oats common
6%
preferred
—
Quebec Power -Co——
Jan
lVs
&
N -Y
N
200
12
50
450
1%
City Omnibus warrants———
Honduras Rosario
———10
Y
N
58 %
1%-
1%
Co.———--—
Auction
Y
56 W
Zinc..
—
—
& Arizona Land-.—
New
New
Week's
Last
Sale Price
Exchange
11/2 Jan
30ya Jan
10% Mar
Inc common..^--.—
New Idea
N
3
Clock Co.:.——
Haven
New
Curb
Ended July
Par
Jan
Apr
New
21%
Week
High
%
England Power Associates.—
•
6%
preferred
-——100
$2 preferred
.———
—100
New England Tel & Tel
York
New
Range Since January 1
Edison
Ohio
151/4
500
15%
Ohio Oil 6%
Schulte
Mar
112
Jan
Apr
110
Feb
Scovill
98
10
y8104 y8
Feb
98
Feb
Scranton
6% Mar
Scranton
5% May
preferred....
$5% conv prior preferred
;Apir
17
Jan
50
40
Apr
48
Jan
70
15 y2
47 ......
95
May
111
preferred..—.
—25
Manufacturing—...——25
Electric
Lace
104% 104%
Omar Inc.
ft! $6
III
—
preferred.
Jun
4%
Jun
l%,Jun
ft' 2%
Feb
3
-1
v
Inc
Bros
Lock
&
9
common—.:—.
28%
29%
■
Pacific Power & Light
Pacific -Public
7%
pfd—
Service...——_
29«/4
1st
1,000
•27%
,
;
,
98%
10
90
20
72
Mar
July
3
July
Feb
13
July
Apr
11%
87 -ft
-
41/8
~3y4
1,500
Corp——1
Mar
_*
Parkersburg
Rig
Peninsular
Telephone
preferred
$1.40
3% May
A—
Co...
Cent
series
3ya; 31/4
ft7%
7%
2,000
:
,
2,000
44
Penn
.—;
Light $7 preferred
*
preferred—.————.*
$6
Jan
31
78
&
1/4
.
IOO
1/4
74i/2
69%
79
71
•
Apr
ft
Apr
90
3%
8%
:
Jan
Jun
common-
..5
.25
Salt
Penn
Sugar
Penn
Mfg
Water
Perfect Circle
Co
138
—
75
141
i3g Mar
%
48
Shattuck
87%
36%
91%
175
81
Mar
96
Jan
22
700
1%
100
3
Silex
pfd—ft—-ft..25
Co——ft__——*
Packing
29%
Feb
50
38
Apr
45
Feb
*
—1
Singer Manufacturing Co___—.—..100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
£1
Sioux City Gas & Elec 7%
pfd..—100
Skinner Organ..—5
Jan
convertible
$3
2%.
9%
""
74 v?
114%
74
'
75%
50
common....
Paper Mills
Smith
Aircraft
Solar
Manufacturing
(H)
110ft
9%
Jan
Jun
4
78 V* July
115
Jan
Gold
Mines
1
154
1
.
162%
100
190
'■ft
1
Jan
Corp
Manufacturing common—.—_—_1
South Coast
1
Corp common..
South
Oil
Penn
Southwest
Pa
——25
Line
Pipe
:
17 V4
2
Apr
1%
Feb
ftP$hey-Bowes Postage Meter..——*
pftts Bess & L E RR
—50
2
Pittsburgh & Lake Erie.—50
Pittsburgh Metallurgical——.——10
Pittsburgh Plate Glass——...—25
Pleasant Valley Wine Co.——1
Feb
2
2' ft ft 2 ft'.;
Jun
1H
Jan
1%
Feb
Apr
2 Va
Jan
Jan
2 3,a
Apr
1%
200
2%
323/4
3 Va
1,500
3
33%
1%
Jun
700
27%
Apr
35
Jan
25
3
32%
Jan
27
Mar
California, Edison—
Southern
original preferred—
....—25
preferred B——...—25
% % preferred series C
25
39
39
39
50
30'/a Mar
42
Jan
6%
28
28
28
100
24% Mar
28%
Jan
26%
26%
100
23% Mar
26 %
class A._.25
1
31%
Feb
Southern
Colorado
4%
Feb
Southern
6'/a
%
1
Power
3% Mar
Jan
Southern
31% Mar
ft 39% July
Southern
Pipe
10% July
1%
1,200
51/4
51/4
100
:
105
%
6%
300
1
122
-ft'6
6 Va
7 % Mar
50%
51
10
10
70
72 ft
7*.
2%
Jan
273%
Jan
5V2
Jan
preferred A
Southland Royalty Co
Jan
Spalding
47
Jun
83%
Feb
9
150
.v
1% May
23% May
Jan
43/4 May
370
10
Apr
12
Jan
Feb
73% July
3% Feb
55 V4
1,000
■
2% May
5
6
1%
1%
100
common——.—..—7.50
Inc
Scale
Pneumatic
Polaris
Potrero
Sugar common.——
Alexander—
Apr
8'A
Jun
%
Apr
li
Jan
Pressed
Inc
Metals
6,100
common
of
l3/4 Mar
18%
181/4
100
%
i«
Jan
2 3/4
16 y4
Gas..
-
19%
/a
Jan
33
27/a
Jan
Jan
4
4
100
10
—•
Jan
Common class
Apr
43/a
Apr
Standard
Feb
Standard Silver Lead
Products Co.—..... ..1
—.....
1st preferred
.1
100
ft4 7%
1st preferred
ft.:
100
96.% Apr
111
111
"
109
Feb
10
106
Apr
111
Mar
200
87
Mar
103
Feb
Puget Sound Power & Light—
prior preferred—
$5
$5
preferred..
footnotes
(A)
see
page
330.
40'A
425
35
Jan
52%
Feb
6%
1st
10%.
300
10% July
8lA May
16 %
Jan
5%
2d
'
6y4
Apr
150
12
Jan
V4 Mar
3Va
9%
preferred.
preferred-
8% May
Sterling Aluminum Products
7
Sterhng Brewers Inc—
Feb
.1
Jan
14
Apr
Apr
-
Jan
2
Jan
12
Feb
900
10
Feb
14%
Jan
1073/4 1073/4
50
103
Apr
110%
Feb
Jan
A
Jan
Va jMay
May
4% Mar
19%
A Mar
A
3*2
12 '
5%;
5%
200
13%
Jan
1% May
%.
%
A
100
2%.
"i
2%
100
500
Va May
Apr
8
Apr
23/4 May
Jan
6Va May
20 Va
2
....
Jan
Apr
Apr
Mar
Jan
46
8
& Co common—
Sterchi Bros Stores—-.—
10%
10
Jan
%
Feb
12' "12%
(The)
39%
___5
„
2%
J""
10% May
12%
Corp voting trust ctfs ..1
Steel Co of Canada——.—_—
Starrett
*
—
,
11
class B__———... ..1
*
Sound Pulp & Timber...
Pyle-National Co common
Pjirene Manufacturing
Puget
For
97
Jun
1 %
11
Spring.._—,u—— ..5
Tube
Stein
97" "
—,
1%
..1
Steel
Feb
.1/64 Jan
1 % May
——ft—*
Preferred
Standard
of Colorado—
u /p
18
May
July
Va
B—.v—*
Feb
Jan
7%
1 %
A
.
Standard Power & Light—_———3
%
6'/8 Mar
Jan
Jan'
Standard
Public Service
6
1/64 Jan
Corp.
Inc..—j,
—* *
Standard Brewing Co....
—2.78
Standard Cap & Seal common......__1
Convertible preferred. —— .....10
Standard Dredging Corp common—_1
$1.60 convertible preferred..—
.20
Standard Oil (Ky)——
—10
Standard Oil (Ohio)—-5% pfd——..100
43/a
3
3/4
Stahl-Meyer
Apr
& May
——1
•
Feb
y» Mar
33
—1
Corp of Nevada
3% July
4% Feb
800
ft
*
...
America
, ,
Jan
2%
Prosperity Co class B——
Providence
31/4
3
.
Gold Mining————1
Producers
2%
.5
of Canada
Prentice-Hall
83/4 Apr
7%
& Lambert Co—
Premier
I
25c
..5
Powdrell. &
Pratt
Jun
—10
common
Mining Co———
'Power Corp
7
Feb
Jan
5
500
1.
*
& Bros————
1st preferred———;
Spanish & General Corp—
Amer dep rets ord regis
(A G)
5%
Spencer Shoe
Plough
Jan
—25
1%
43
Feb
Jun
Southern Union Gas——*
ft'8%
July
Jun
Jan
July
Jun
5%
6
10
Line..:
Feb
May
%
1,800
New
100
70
Jan
5 %
Jan
37
51
Apr
1%
300
4
:
150
...
May
3
;
Jan
8fA May
—'ft'V
Apr
Mar-
162'/a July
1%
2%
.10
5%
1
Jan
10% July
July
130
1
—.1
Co.,
1%
1%
Jun
9 3A
Jan
-
common—...——*
Ltd—.—...____1
Governor
Pierce
-Pioneer
Feb
;
11 V«
Feb
15%' Apr
1
159
•
——1
Co—
38%
200
5 >/8
*
59% May
700
114%'114%
Apr
.4 % May
Feb
2% May
600
.2%
preferred...—...
5%
41/4
Jan
3% July
Apr
3%
ft
%
% Apr
8% May
38%
•
$3 preferred series A————10
Conv
Apr
43 ft
England Telephone..100
Phosphate Co.———10
41/4
common—_____—1
Securities
•Phoenix
1%
45%
Simmons-Boardman Publications—•
Simplicity Pattern
5
4'A
Mar
38
common.
Solar
48% July
.
Apr
May
Co
Feb
,
Phila Electric Power 5%
100
300
ft ;
Mining——...——.5
Feb
3% May
3
Philadelphia Co common.——...—.—
yltyy
V
;■
•
,,
Phillips
175%
Jan
Jan
Denn
Sonotone
3%
91%
"3%
.•is Mar
Jan
1%
Control...—————1
;
!
1
,
5% cum pfd series AAA.——..100
Sherwin-Williams of Canada..'
—*
Jan
350
_»
Co
Pharis Tire & Rubber....—1. ———1
1
Jan
Jun
July
43%
1%
4'/a May
100
20
IIlOO
.
48%
.-.A
ft.
10
Jan
42
43
certificates——_.s
Safety
105
Apr
2%
«
33/4
43
prior stock—_
Jan
30%
125
—20
common...
& Power Co.....
Mfg
Pepperell
—50
Co
Prop
Mar
V2
2% Mar
III
Soss
Penn
36
Feb
56
Mar
74% July
69% July
280
69%
-
i'
Jan
Jun
26
Elec class A com..—*
Gas &
2%
5%
;
*
preferred
Penn
Power
7% July
—
Pennsylvania Edison Co $5 series pfd.*
$2.80
July
30
May
29% July
31% /
3%
3%
200
Jan
H
A Apr
500
4%
.ft
Pennroad Corp common—.—
Penn
13
4% May
25
—
Jan
24
—
2%
1
Airlines common.:.———1
Traffic
Penn
common
500
7%
1
Mills—1——.—*
Reel—
&
Patchogue-Plymouth
i7,f
8%
Shawinigan Water & Power——j—f
Sherwin-Williams common—:
25
43% Jan
10
Co—...;————10
Pen
^
26 % July
%
%
-1
—
Serrick Corp class B
ft
Parker
Jan
9%
% Mar
Seton Leather common———*
Feb
3% May
4
69
Jun
————
Hardware..
$5.50
Sentry
Jan
97
...
Motors
Jun
Jan
Pgge-Hersey
Paramount
Jan
18 Ya
July
6%
Co———————_.ft.
Shoe
Allotment
Jan
79
97
79
—
*
;
July
293/4
3
97
IIoo
preferred
Tubes.....——
Pantepec Oil of Venezuela Am shs.
$1.30
*
Apr
24%
..25
1st preferred———.
#4bific Lighting $5 preferred.
July
22% Mar
..25
ft' -5% %
9
II29 I
..1
general—ft.
Corp
Convertible stock——.—
Co
Jan
100
*
—
common.——..*
Co
Selected Industries Inc
Can
"*6%" ~6%
16
100
July
26
112% Mar
Mar
Spring Brook Water Service—
Steel
Seeman
Segal
Selby
Pacific Gas & Elec 6% 1st pfd—
111
18%
15
Jan
19V2 May
400
Apr
% July
Feb
ft
.ft 8Va
23%.
18%'
Seiberling Rubber common.——...
Pacific
23 %
*
common
preferred.....—
Scullin
Securities
Securities—«—..
$6
100
%
Jan
300
Filters B__—......
Oliver United
Overseas
14%
.50
$3
;ft / %
■.ft Convertible
Scranton
14%
47
.15
Oklahoma Natural Gas common..
10
common...—.1
(D A)
91%
170
105% 106 y4
104
*
46
9 Va
37/a
Apr
Jan
Jan
35% Mar
...
.50
Apr
.20
—
34
8
Apr
8
Apr
4%
Feb
6 Va
Jun
U
Jan
..1
-1
100
1% Mar
Volume
THE COMMERCIAL & FINANCIAL
Number 4093
156
EXCHANGE
NEW YORK CURB
Curb
Ended
Week
Week's
Sales
Range
for Week
of Prices
Shares
Friday
STOCKS
York
New
Last
Exchange
July
Sale Price
24
Low
Par
329
CHRONICLE
BONDS
High
Low
Curb
York
New
Ended
Week
Range Since January 1
Friday Week's Range
Interest
Last
Period
Exchange
July 24
Sale Price
High
Bonds
Friday's
or
LOW
Range Since
Sold
Bid & Asked
.
January
Low
No.
High
1
High
i
Sterling
Inc
Stetson
(J B)
Stinnes
(8)
U
%
2%
350
%
%
100
10%
Corp
(Hugo)
Stroock
,
2%
10%
100
u
—1
*
5
.«
.
Co common—
200
\
,
•
Apr
1
Jan
Jun
U
2
3 Vb
American Gas & Electric
Jan
% Mar
2%s
% Mar
f
s
debs
1950
s
f
debs—
3%s
s
f
1960
1970
3 'As
•"!%
•
preferred
"
-
1%
•-
,
V
L Va
43
34
35%
__
..
13%
Jan
Apr
12
—
Jun
M-S
50
39Va
9 Va
Apr
10%
■
. ..
45'A
Feb
,35
Amer
Amer-
Writing
_
Jan
\
T
.
Light 7%
&
Texas
Power
Texon
pfd
Shovel
Thew
Co
27A
200
2'A
Jan
17%
300
16'/a
Jun
19%
7-%
7%
1,500
67A July
87A
Apr
.-7%
88
>
y
.
&
Tobacco
Product
-
■
3%
Jun
15%
3'A
Jun
5%
%
t
*
———1•
Exports
Apr
2%
Apr
100
Jan
r""'
"2% "2%
200
•
Feb
dep rets crd regis
dep rets def regis 5s
Shipyards Corp—
Toledo Edison 6% preferred—;
preferred—
Tonopah Mining of Nevada—
7%
.59
60
59
:
...
.
100
t
..
1
1 Va '■
4%
4%
33S
32
'
warrants
Chatillon
——
——*
3%
79%
;
85
104%
T,
107%
124% 130
,130
15
43%
43%
105
107%
28
107'4 107%
,-.i
8%
38
47%
F-A
8%
8%
9
8%
9%
9
M-S
1968
5%s——
deb 5%s A.
T & T
9
11%
8%
8
i_';
12'A
A-0
14
8%
12%
7
8%
12
1
8%
F-A
Avery
8%
12%
55 7A
4
60
I
65
108%
106
109
M-S
J-J
105% 105%
.1947
J-D
190
4%s
~1
105% 107'A
106% 107%
33
105
114 V* 114%
1
112'A 1147/b
114% 114%
1
112
151 >/« 151%
1
151'A 155%
102% 1027/b
13
100% 103'/a
101 '/4 101%
92
F.)—
(B.
& Sons
\ylthout
,.5s
59%
1107
1955
1964
City Elec 3'As—.
Light
M-N
—1955
Gas
Atlantic
Apr
x103
warrants.....*..
100 , :i
'
series
5s
C
.1950
.1957
J-D
.1960
M-N
107
M-S
...
—
..._
—
v__
Jan
%
Jun
Bethlehem Steel
5'A
'A
J-D
.1954
M-S
5s_
.1953
M-N
3%s___
—„.
Jun
102%
101'A
115'A
99% 102%
Jan
7'A
M-S
.1970
,
2%s
Edison
Boston
Feb
151%
Q-F
.1968
5s„„—.
6s
.1998
Birmingham Electric 4'%s
1 'A May
114
of Canada—
series B
5s
M
—
6s
Telephone
1st
Jan
Ill
-
7'A
2,000
l"
Jan
3% May
s'l Apr
1,400
•
..
•-
Apr
Va Mar
5,200
'
•«...'
95
Mar
'A
..
Corp—————
Mar
95
100
.-
'
Tubize
■;
86% 106%
3
6
106'4
1120
43%
J-J
1977
5s
deb
Atlanta
Jan
49
V
July
85
-
—•
A
10
Oil Co
59
•
».•
A
-1
——
1948
1949
1950
4%s
Bell
.
—1
Trans Lux Corp..——
Inc
.
Co—
4%s
deb
Convertible
1
—*
100
100
Amer
Trunz
& Elec
deb
Assoc
'Amer
Tri-Continental
106
„
Baldwin Locomotive Works-
Todd
Transwestern
,84
3'A Mar
Co Ltd—
Tobacco Security Trust
106
J-J
1953
AConv
Jan
200
■
'
—
102% 109
85
94
84
•
A-0
—1956
ADebenture
Feb
Feb
'
150
■
'A Mar
14
'
"
.
93
J-J
——2024
i
AConv deb 5s
>i
■
■
Allied Stocks—
Tobacco
'
Jun
2
10
15%
3%
3%
Realty & Construction——•
86
40'A
15
-
1
3% Mar
%
88
'*
-
5s
A Conv
Jan
88
5
common
Inc.,
Roofing
Tishman
•
"v 2%
!;
...
J-D
1970
4 %s
AConv
I 27/a
.-100
—2
Oil & Land Co
Tilo
•
Lt
&
Elec
§Associated Gas
17%
—-—1
Tampa Electric Co common
—*
Technicolor Inc common-.—--——_•
104
101% 106%
1
1104% 105%
94
J-J
^1961
3'As...
Pow
Appalachian Pow deb 8s_„
Arkansas Pr
8% July
Associated
Taggart Corp common
6s
Paper 6s_.i..._•
Elec
Appalachian
Feb
deb
& Lt
Pow
'
'.
.
102
17
% July
11
.
Feb
7'A
Jan
2% Jan
.
Jun '.
26
200
105
Jan
l 3A May
5,400 -
43
——
■■
—50
Oil Co (Calif)—
—25
Superior Port Cement class B com—_*
Swan Pinch Oil Corp—
15
Superior
•
Apr
9'A
..
____1
convertible
5 '/a %
8%
7
*
:
103%
105
J-J
2016
debs—
103
103
J-J
J-J
'
Co
Machinery
Sun Ray Drug Co
Surlray' Oil
:i-_
Sullivan
I
Co.—
—
Jun
3
4%
Jun
29
Mar
-
Broad
River
Northern
Canada
Jan
Power
Power
1103
,
101
104%
104
83%
11
79
85%
104'A 104%
12
101
104%
12
4
11 Va
83%
300
1%
1%
200
4%
4%
1,800
l'A
35
J-D
.1948
J-J
A5%S ,——4——i,—
.1954
M-S
.1953
J-J
.1927
F-A
.1952
A-O
1100% 102
98
.1955
A-O
1104
99% 104%
1966
M-S
1950
J-D
79%-
78%
79%
79
78'A
79
787/b
78'A
Central
Jan
1%
Jan
U
Manufacturing
Unexcelled
2Va
Va
—10
Co
2'A
600
2%
4'A
100
3%
—*
5
Union
Investment common————*
2
Feb
614-6%
Products
1—
1
United Chemicals common
*
$3 cum & participating pfd———»•
United Cigar-Whelan Stores
10c
United Corp warrants.—.
United Elastic Corp
——•
Aircraft
United
& Power common A—*
class -B————
*
preferred..
1st
$6
,'YA1
Molasses
United
U
S
8
$5
U
S
U S
U
U
13A
-
—.
preferred
July
1st
%Mar
}« July
J/# Mar
%
101%
600
Paper——;
.50C
13A
——-
...2
43 Va
5
200
3 %
Jan
7%
7%
100
6%
Jan
8%
Apr
3*2
100
Va
Jan
43
:
'
%
3A
"7
% Jun
Va
Apr
12%
A
"l'A
1%
1%
1,700
voting trust ctfs...
Universal
Pictures
7%
1,100
27
27
50
*
Light $7 preferred..
Products—...
Utah Power &
Radio
Utah
~2%
5
Equities common.
$5.50 priority stock
Utility
...
.
*
%
45%
1%
200
Mar
29
45
45'A
100
—1
41
Jun
62
Apr
3*2
...1
fs Jan
38%
33% Mar
.—5
1
Apr
17%
Feb
3 Va
Apr
4%
48 %
16%
3'A
100
17
3%
-100
Jun
90%
Jan
8%
Jan
13
Co
Wagner Baking voting trust
7%
preferred
Waitt & Bond class A—
6
Western
Grocer
3*2
•
Westmoreland
1st pfd—100
*
...20
"9
81
(R
Williams
Oil-O-Matic
Willson
C)
&
Products
Wilson-Jones
Wisconsin
2
10
Heating
'A
2'A
400
3%
300.
2%
2%
2%
200
2
1%
86
66
66
10
10
Va
13%
Jan
Feb
Jan
Jun
95
Jan
4% Apr
27A July
Jan
Mar
A-0
104%
84'A
80'A
73
79
26
68'/a
86%
92%
122
123%
104% 105%
96% 102%
12
87%'.
87'A
J-D
158%
89%
1948
,—1966
100
74%
77
86
46
897/b
141
45
87'A
85'A
-
90%
41
53
"l
81%
90
"
87%
108% 108%
1108'A 112
98'/a
98%
96% 102
81
81
67
81%
138
98%
M-N
& Pwr 3%s—
89%
90
94% 103%
82
89'A
J-D
5s_
79%
1
19
/ 181
J-J
Investors
91%
104%
103
20
88
47
102% 105%
5
41
101 %
91%
J-J
—1945
105
101
101%
25
4
46
104'A 104%
J-J
1963
42
39
47
16%
14%
19
16'/a
109% 111
110% 110%
J-D
,:'
83
87
83%
86i<
A-0
3%S——
Power
Hydro-Elec
Service
1958
5s__
A-O
107% 110%
1109% 110%
101% 102
101%
98% 106%
15
J-D
97%
97'A
98%
48
93% 105%
J-D
96%
96%
967/b
16
90
93
94
26
88% 100
ref 5s
lien &
100
UOO'/a 101%.
M-N
75%
..,75%
75%
4
.1950
75'A
',75 '/b
75%
29
A-0
1112'/a 113
M-N
1106% 107%
103%
71%
1952
—.1970
104%
71%
F-A
,—
L 3%s
&
P
M-S
J-J
—,—..1950
5s
•
SInternational
79
80%
80%
118
105% 107%
A6V2S
,
A7s
<r
(Dec
A7s
coup)
1941
1
E
series
A 7s
C
series
A6%s
Sec—
Power
...
1941 coupon)—.
(Aug
.,1955
1955
1957
$9'A
6
11
10
5
10
12
5%
11%.
5
10
12
9'A
j-d
10%
19%
f-A
1957
—1952
F———;
series
19'/b
j-j
5%
12
(July 1941 coupon)..—.1952
A7s
Interstate
Power
5s
^
€s
Debenture
'Iowa
&
Power
4'As
Light
6s
Superpower
18%
20
250
61% May
72
Jan
A Jacksonville
Mar
15
Jan
16 % May
20
July
Jersey Cent Pow & Lt 3%s
Kansas Electric Power 3%s
12
Mar
Kansas Gas dc Electric 6s
12
"5% "5%
>■
50
Mar
5% July
-
5%
700
1%
100
"7%
"73A
200
Kansas Power &
5% July
6 Va
Jan
Lake
6
5%
"l%
5%
Feb
7% Mar
% May
Jan
2%
^1957
1952
j-j
72
34%
:M-s
—1963
__
;
73
13
34'A
72
j-j
.1958
35
5
1107%..
11
65
78%
31%
39%
107% 108%
__
6%
11'/b
j-j
11%
5
11'/B
Jun
12%
Jan
6%
Jan
8%
Apr
(stamped).—^1942
Light 3%s
Superior Dist Pow 3'As
& Lt 5s
Louisiana Pow
1965
.1966
2022
j-d
42
42
42%
10
106%
12
94
Mar
104
Mar
3
Jun
4
106
M-s
1108
j-d
12%
112%
j-j
1966
1957
j-d
109%
F-A
85 '/8
4
Feb
5
July
McCord Radiator
6s
330.
13A
3,000
107%
108
110
:
112%
105% 106%
107% 109%
109'A 109%
& Mfg—
stamped
Mengel
Co
conv
4s
series
4'As
1948
—1947
Apr
1% Mar
4%
Jun
2% Jan
2
80
100
M--S
100
2
98% 100
108
85
>/8
85%
86
6%s__
Midland Valley RR 5s
Milwaukee Gas Light 4%s
108%
4
106
109%
1965
Edison 4s E
G
Middle States Petrol
3Va
1%
54
105
120% 125
112% 112%
1106'A 108
A-0
38
106
112
1121 Vh 125
M-S
—1969
Jan
5s
..
Jan
8%
73A
1%
Ltd—
page
Gas
5%
pfd—100
American
deposit receipts
Wright Hargreaves Ltd
83'4
78'A
69
100% 102%
86
3% May
2% Jan
1
see
J-J
1958
Metropolitan
For footnotes
€0
1
2
85
Indiana
% May
Feb
10
7%
Woodley Petroleum
(P W)
-
105
J-D
6s—
West
13
20
1
Inc
Co
Wolverine Portland Cement
Woolworth
t
93%
85
Mar
May
3%
..._•
•
Co.—
Power & Light
66
•
125%
69%
,
1
Oil Corp
Williams
66
■
184
8% July
Feb
1 % Mar
10
Inc.
Weyenberg Shoe Mfg
Wichita River
36
-
A-O
Indiana
Jan
Jun
Va May
^Western Tablet & Stationery com
Westmoreland Coal—_—
79%
99% 103%
20
common
Maryland Ry 7%
120
A-O
A Italian
Western
6
Jan
6
Apr
-
57/a
Mar
79
——*
Class B~
-*
Walker Mining Co
....———1
Wayne Knitting Mills—
,s.
..^—5
Wellington Oil Co
1
Wentworth
manufacturing——.1.25
West Texas Utility. $6 preferred
*.
West Va Coal & Coke
5
Western Air Lines Inc...
——.1
—
3%
5
ctfs ext..*
100
122'A
99% 100
F-A
Products——
&
Indianapolis
200
104% 107%
46
M-S
—.1950
AIndianapolis Gas 5s A—...
3%
•
,
1
104% 194%
M-S
.1950
'
W
Aircraft
108 'A 110
,7.
Hygrade Food 6s ser A—:
Jan 1949
6s series B
—.....———Jan 1949
1st
Waco
117% 122
..
Jan
-7% Mar
17
100
*
Manufacturing
Vogt
Jan
%
1
7% pfd
Virginia Public Service
%
100% 104%
.—1967
111 Pwr & Lt 1st. 6s ser A_.
—1953
1st & ref 5%s series B
1954
1st & ref 5s series C—_—.1956
S f deb 5'/as
May 1957
Jan
Apr
18
M-S
M-N
—1941
—
5s stpd
Power
Houston Lt
■'
Idaho
Valspar Corp common—
$4 convertible preferred
Venezuelan Petroleum
-
M-S
Jan
Jan
35
1122% 123%
—1965
4s
Mountain Pow 3%
§ A Guardian
1% Mar
1% Mar
TOc
78%
J-D
Nor
Guantanamo
Jan
83%
J-D
Green
Jun
3%
79%
101% 101%
M-S
1978
West 4s
Grocery Store
-
F-A
A-O
Great
Jan
14
96%
52
M-S
1956
A—
(Adolf) 4%s ser A
AGobel
Feb
2Va
_i—_ 1954
Jan
25
96%
64
77%
;
78 -
.M-S
6s A—i—....—1948
Coal
Grand Trunk
Jan
26
Jan
1961
C_,_.——1966
:
6%s
Rayon
Alden
Glen
May
July
83%
62%
12
Mtge Bank—
Georgia. Power & Light 5s
Apr
8%
Jan
5% May
10
—
Sugar..
Utah-Idaho
3
Jan
1954
Serv
Util
Public
Gen
1% Mar
16
common— ...1
Universal Products Co—
3*2
5%s_.
3%s A—_——_1'969
5s_
1953
Power
Pub
Jan
15% May
Jan
%
6%
—8
General
ft Mar
Apr
%
.
1%
"III
I;
El Ss—_—i——11952
Co 4s ser
Power
A General
Feb
1
;
—1956
Residential
Gatineau
U Jan
4'A
1% May
.
Florida
Jan
100
1955
& RR 5s
Florida Pow & Lt 5s
July
30
83%
72
-79%
121
J-D
1944
Jan
Apr
*»
Insurance—
53%
May
4 %
84%
69%
1103 '4 104
J-J
2030
stamped
6s-5s
A July
27% Mar
87
69%
106% 106'A
78%
5s
Service
Water
Finland
Jan
300
3% Apr
2% May
7
2%
74%
39
109 % 109%
109'/$
F-A
—
& Light
Power
Federal
5
150
59 y4
101
148
86
1123
122%
Jan
2%
V
A-O
—
3%s
Empire District
63% July
May
300
40
78%
79'/a,
103
1958
5s
Elmira Water Lt
"
50% Mar
7
34
52
104%
-77
1954
Packing
Electric
Jan
38
•
B
Oiass
""4
110
50 Va
100%
102'4 103'A
77'/e
J-D
Eastern Gas & Fuel 4s ser A——tl95G
Jun
>3.. Apr
750
Universal Cooler class A
Universal Corp
Cudahy
43%
6%
94
■
Cuban Tobacco
63%
49%
Q
4'/as
Gen mtge
Jan
43%
*
■J-D
-
2'A~
1% July
•
3
(Bait City)—-
Gas
Jun
.85
60%
61%
9%
100%
51
M-N
•
—1971
——1969
1976
mtge 3s ser P
Consolidated
Jan
Jan
25%
May
Jun
4
(Bait)—
N
series
Continental Gas & El 5s
100
•
Universal
23
Apr
El Lt & Pr
Gas
1951
A.—
ref mtge 2%s ser
95
83% Jan
'50c
United Stores common
Wall
ref
•
$7 convertible
United
1st
2
—1
—*
—
U S Stores common
1st
3'As
M-S
;—1957
:
7s
Pr
Consol
Va Mar
—
&
Jan
"'"
Reclaiming...
Rubber
Connecticut Lt
Jan
Co Ltd—
S Radiator common
Community P & L 5s
Feb
J-D
—1949
-Jan
72% Mar
—:
•
3a
21
1
Poll Co class B——
....—.1
Graphite common.—
—5
and International Securities
*
1st preferred with warrants
*
Lines Inc preferred—1
10
Plywood $1.50 conv preferred—20
S
%
M-N
5%s
Feb
9%
5%s__....—1952
F & L
Service
126%
15%. 17%
United Specialties common
U
Cities
Apr
.*
dep rets ord regis.
Profit Sharing
—
——
U S
Jun
% July
<
Jan
l.ioo
8
184'A
M-S
3*2
soo u
6
100
51%
—1958
5s__.....—
A
A1" '/■
100
5%
5%
;_^1969
5s...
Debenture
97%
*
5%
5%
A-O
100
-
.V
25c
10%
preferred,—...——
.,.10
United Shoe Machinery common
25
Preferred
25
Amer
United
v
Jan
5s_-
.Debenture
Feb
57%
deb
'Conv
2,300
—.
participating preferred——
$3
Jan
15
Jan
-
15%
„—
5s„.—
A
""'A
II
B_._
Service
110%
110'A
A
.
...
110
•
United Milk Products..
i.
,'.:7%
Jun
7
tff
Apr
'/« May
1/64
United Light
Common
Jun
57% Jun
1st $7 pieferred non-voting———*
* Option warrants....-..'..-—__—.
United Gas & Elec Co 7% pfd—100
Rys 5s ctfs—..
Ry 5%s A...
series
Cities
Jan
2 Va
.
Mar
400
United Gas Corp common.—,———,1
-
5%
1,500
11
!
,
7%
July
Canada.
Elec
Jan
Jun
Gas
6s
Jan
Apr
Union
of
Gas
&
States
Cincinnati St
4%
2
1
Udylite Corp
El
111
§ A Central
Feb
6'A
Jan
4% July,
.1964
§ A Chicago
33
5s—
Central States P & L 5%s__.
Il'A
1
—•
Tung-Sol Lamp Works—.
80c convertible preferred
——
x31'A
—1
A————
Class
M-N
109'A 109'A
1
107
110
1945
1943
1967
J-j
198% 100'A
1971
M-N
A-O
M-S
108
57
56%
57
105% 105%
98'A 101
10
3
55%
.
64%
102% 106
THE COMMERCIAL & FINANCIAL CHRONICLE
330
NEW YORK CURB
Week's Range
Last
or Friday's
Sale Price Bid & Asked
Interest
Period
July 24
Ended
Week
Exchange
Curb
York
New
High
ref
&
1st
5s—
103%
J-D
1978
1955
P & L 4'/2s
Minnesota
EXCHANGE
Friday
BONDS
*
'i
Bonds
Range Since
January 1
Sold
Low
No.
Low
37
103'/2 104
107'/8 107%
J-J
103 %
103% 103%
22
M-N
111
111
15
112 '/a
Foreign Governments & Municipalities
High
100% 104%
7
J-D
1957
Mississippi River Pow 1st 5s—;___1951
Mississippi P & L 5s—
BONDS
105% 108
100'%
New
104 %
York
Week
Curb
Ended
Ltg 5s___——--1945
Nassau & Suffolk
§ANational Public Service 5s ctfs..
Power 4%s
A—
series
■6s
F-A
F-A
1978
1981
2022
99
.
J-D
99
+9%
__
14
98
•-'
M-S
113
A
113'/2
1U
113
3
16
106%
13
20-year
Elec 5s
Gas 5s
New Eng
5s
1947
deb
5s—.
,
92 '/2
J-J
92%
114
•
J-D
M-N
45%
46%
.45%
2
42
46%
42
43
63
*'V."
'V
.
62%
1961
1948
Debenture 5 Vis
N
Y
Gas 3%s,
Elec &
Y State
2
69% "70%
44
65%
Extended
85
73
27
67%
106
108%
VV-
5s
Debenture
1948
J-D
1955
M-N
5s.
Port
&
1953
6%s
7s_
AMedellin
J-J
107% 107 %
105
107%
J-J
114% 114%
114% 115
3'/is
5Vis
North Boston Ltg Prop
Cont'l
Nor
Ut:lity
J-J
1956
1947
1948
A
103
A-O
102%
J-J
102% 102%
52%
102%
3
7s
stamped
of May
of Oct
5,-.f-
-.
v.
ARio
F-A
1969
series A
3%s
108% 108%
$5
■
v-.
.
' "
10
Ohio
1st
107
108%
A-O
107 % 108
5
106
108
—,—1971
A-O
1962
F-A
4s
Service
1st
;
5s
?
M-N
17
J-D
1927
12%
>
$26
J-D
41
1001/4 100%
104
104%
6'/2s
-i
$29%
28
28
25%
13%
28%
15
20
10%
2
17
18
15%-
20
J-J
J-J
m—
J-D
1949
.'■■'"■v"."
.{■
•/•
1919
20
16
16%
;
2
-u.'
'
J-J
—
$1%
16%
l'/a
1%
1%
;
14
1%
iy8
1
14
1%
1
,
•/ •-'
!
7s
$ Friday's
*
15
13
$14
being
"conv,"
96%
used
e
Odd-lot
range,
sale.
n
sale.
Under-the-rule
Easy Washing Machine class
.
sales being transacted during current week.
no
'
,
above—''cod,"
"M,"
convertible;
d Ex-Interest. ;
'
.
flat.
in receivership.
Abbreviations
-
,
traded
sale,
Cash sale not included In year's
y
asked prices;
and
106
87%
94
Deferred delivery
a
Ex-divldend.
x
bid
§ Reported
116%
105
value,
sale,
A Bonds
105% 108
111
92
M-N
13
25%
32
*
15%
J-D
M-S
.
a-—-_-1959i
B, June 26 at 2%.
;
106% 108
113% 113%
$104% 105 'A
J-J
.
1921
par
Cash
r
104% 105%
1
105
♦No
•
28
100
39
101% 102
„
97% 101%
22
22 %
$106% 107
113%
M-S
1950
extended
stamped
101
$106% 107
F-A
16
9%
V25
.
32
■
-
J-D
.....__._1958.
6%s,
•"•//'/'.:
105% 108%
15
105
Co—
& Coke
Portland Gas
5s
Power
13
6
13%
12%
$26
:
A-O
Government
■
107 Va 110
10
101 % 101 %
105
J-J
1972
1962
5Vis
Philadelphia Rapid Transit 6s
Elec
101%
^
■
102% 106
$20
M-N
Pennsylvania Water & Power 3%s_1964
3'As
1970
Philadelphia
100%
J-J
1964
1977
1979
1st mtge 3s
penn Central Lt & Pwr 4%s_,
101%
F-A
5s_——.1955
Light
&
Power
Park Lexington
2
107% 107%
F-A
1948
Water 5s
>
'•
11%
$16'/8
MrN
7s_,
Janeiro
ASantlago
10
105
108% 109%
A-O
Nat Gas 3%S B____Aug 1955
Oklahoma
Oklahoma Power &
Pacific
5
,.1968
3s___
mtge
Public
Ohio
108% 108%
3'As.,
mtge
1st
Power
33
1947
1927
(State)
de
ARussian
108%
106
M-N
1945
1st 5s
20%
32
..
$10
M-N
i______1951
A5%s
Ogden Gas
13
35
61
Northern Ind Public Service—
1st
0%
25
...
'
M-S
Bank of Denmark 5s.__.1972/
AParana
105
50
1
52%
41
96% 103
5
103
44
25
V-'/'i
11%
$27%
c,
'
5 Vis* series
25
/
.
1958
Mortgage Bank of Bogota 7s__
Mortgage
5
t, V
111%
Alssue
11%
'
F-A
stamped.1958
.
Power—
39 Va
41
$32%
,
J-J
V
City (Peru)
Alssue
11%
19521
;
ALlma
39%
$39%
Waterways—
6%s stamped
AMortgage Bank of Chile 6s--.—1~ 1931
Light &
American
North
High
?
•
109
103% 103%
Low
of)
101% 1051%
103%
M-N
2004
1954
---•
4-0
J-J
Bank
87%
74'%
1946
1947
*110% 112%
J-D
—1964
Westchester Ltg 4s
&
107 % 107 %
69%
April
:*''■< '■
'
AMaranho
Service—
6s series A
Nov 1949
Alncome
N
J-D
A-O
1
January
No.
(Col)—
7s
r'
Danzig
.:
Public
Orleans
New
M-N
1954
England Power 3'As
England Power Assn 5s
New
Range Sinee
Sold
Low
High
5%s
AExternal
New
Bonds
Friday's
or
•
...Jan
...
Mortgage
Valley
.
Danish
62'%
45%
42
36
7s.,
(see
ACauca
96 %
113
45 %
45%
45'/2
Week's Range
Last
■s
Sale Price Bid & Asked
124%
84
92%
$113 % 118
M-S
_—1948
1950
—_
Conv
A-O
1956
.—1948
Gas & El Assn 5s
Amsterdam
New
Interest
Period
•
■
7s______
A20-year
Bogota
Nevada-California
1
Agricultural Mortgage Bank
100%
0%
107% 108
__
Friday
Exchange
July 24
110% 112%
.
Nebraska
Monday, July 27, 1942
*',
'
1
certificates pf deposit; "cons," consolidated; "cum," cumulative;
mortgage;
"n-v,"
non-voting
stock;
"vtc,"
trust
voting
certificates;
111%
111% 111%
107%
A-O
112
M-N
104% 104%
Power
M-S
$76%
J-D
108
i,"
when
issued;
"ww,"
with
"x w,"
warrants;
without
warrants.
109% 112%
Potrero Sugar
"w
4Vis
5s E
1956
F__—————1961
7s stpd
____1947
(Can) 4Vis B_
1959
Edison
Potomac
series
Corp
112
100
104%
71%
78
79
Stock and Bond
Public Service Co of Colorado—
1st
mtge 3Vis
108%
106
108
1964
1949
J-D
$106% 106%
104% 106%
1969
M-S
108% 108%
105% 108%
;
^—1949
M-N
137% 138
11
132
J-D
101 % 102
43
98
102%
1950
M-N
24
98
103%
11
66% 100%
:
Sinking fund deb 4s
:
of Indiana 4s
Public Service
Below
listed
on
•—Stocks
perpetual certificates
Sound P & L 5 Vis
6%
Puget
ref
&
1st
C
series
5s
101
J-D
4Vis series D——1950
1st & ref
101%
101
99%
99% 100
10
150
'•//•/:/
Date—
f
A
•'
'•
'
*
'
1979
Real
ASchulte
4%.s
1st
81%
J-D
M-S
112
112
108
..
Utill-
roads
25.79
-108.36
-
ties
;
25.60
107.98
Total
1Q
■-v
Stocks
Rails
Rails
trials
Total
40 :
Uttlt-
Bonds
ties
35.72
106.50
90.24"
50.42
109.34
35.85
106.51
90.44
50.57
109.07
11.79 V
25.87
11.81
35.95 V 106.54
90.49
50.57
109.10-
89.17
106.50
90.61
50.70
109.16
89.24
106.45
90.49
50.64
109.21
89.19
106.39
90.42
50.66
109.31
89.19
26.08
,11.77
35.94
--
106.65
25.87
11.59
35.51
106.37
26.01
'11.51
*
Grade
10
11.86
.*
■
108.03
23—
"
Second
Grade
:
-
-
10
;
First
Indus-
65
July 24—_______
112%
129
6
112%
$130
,
'
35.47
-
89.12
89.14
130
J-D
A-O
79%
79%
~7,
77
A-O
93%
94%
15
86
A-O
93%
941/s
19
87
•
.-
96%
1970
D—_
Rail-
-
107.69
...
July 22
82
75
5
15
.
1951
Water & Pwr 4Vis
series
81%
.
1951
1967
6s
Estate
Scullin Steel inc mtge 3s
Shawinigan
—
July
1952
Joaquin Lt & Pwr 6s B
San
.
'
Water 4Vis
Safe Harbor
A-O
1952
.
18—
20
July 21.
Queens Borough Gas & Electric—
series
20
trials
July
July
5Vis
30
Indus-1
:
Bonds
—
—
:•*/> /
of New Jersey—
Service
Public
Averages
the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.:
are
96%
53
$55
—
"V
55%
86
V
Transactions at the New York Curb Exchange
103 ■'
1947
J -J
103
103
1
100
—1957
Southern California Edison 3s
1965
Southern
California Gas 3'As
1970
Southern Counties Gas
(Calif)—
J-J
103%
103 % 103 %
6
102% 104%
M-S
102
101% 102 %
15
105% 105%
8
1971
J-J
ioi
5
98'/a 102
2
51
Sheridan
Wyoming Coal
Carolina
South
1st
6s
5s
Power
mtge 3s
Indiana
Southern
,.1951
4s—
Rys
A-O
%
—
101%
F-A
52
103
y4101 v*
52
52
99% 102%
103 %
Daily, Weekly and Yearly
106%
Stocks
(Number
!
60
Week Ended
July 24,1942
1970
Southwestern Gas & Elec 3'As
&
P
Southwestern
$105% 105%
—2022
1989
M-N
--
May 1948
May 1948
L
M-S
A-O
59
6s.
Spalding (A G) deb 5s
Standard Gas & Electric
92%
A-O
49
59%
59%
6s
—,—1951
F-A
58%
59%
6s
Dec 1 1966
J-D
59
59%
1957
F-A
59
59%
debentures
-■Is gold
Standard
AStarrett
Stinnes
6s—.—1957
5s___.___1950
Light
&
Power
Corp inc
(Hugo)
Foreign
3d
7-4s
F-A
A-O
59
59
'•
•
59%
$19
42%
76%
21
13
v.
49
49
49%
49
50
1946
1946
stamped
Certificates of
A-O
J-J
13%
13%
15
—
•
25,000
47,775
412,000
Friday
42,280
409,000
.232,115
$2,296,000
Totml.
-
Stocks—No.
Electric
Texas Power
6s
Tide
Water
Twin
United
_
J-J
106%
106% 106%
M-N
108
108
108
$103
109
J-J
1979
F-A
1968
J -J
1952
J-D
1949
3'/as
Rapid Transit 5'/2s
94%
94%
94%
107% 107%
75%
75
14
105
107
11
112
1959
A-O
105% 105%
4
lien
1st
&
(Delaware) 5'/2S_1952
(Maine) —
F-A
1952
Debenture
gen
6s
$2,296,000
A-O
36,000
10,000
93%
93%
94%
_______
69%
116% 116%
1
$2,363,000
$4,471,000
Transactions at the New York Stock
44
A
__.___2022
F-A
M-N
$94
$96,200,500 $148,819,000
2,436,000
2,366,000
504,000
1,590,000
$99,140,500 $152,775,000
1
Stocks,
90
83%
Saturday
92% 100
Railroad
Number of
Shares
July 24, 1942
115% 117%
95
Exchange
Daily, Weekly and Yearly
82% 100%
Co—
1944
14,568,812
80%
114%
Week Ended
116%
1941
9,920,494
36,000
.
Co—
4»/2S__
series
$4,399,000
57,000
—...
_______
corporate
103% 106
Utah Power & Light
1942
701,100
108
3
A
series
Jan. 1 to July 24
July 24
86% 101
106
113 % ii3%
4s
.
$2,363,000
108% 118
11
J-D
J
$10,000
1941
...
430,000
410,000
$57,000
232,115
...
Total
-United Light & Railways
6s
...
"¥,000
1,000
Bonds
Domestic
Fore.gn government
108%
23
United Light & Power
1st lien & cons 5'/2s
& Rys
shares
534,000
542,000
107%
40
75%
N
Electric
United Lt
5s__,—.—I960
1956
2022
5s
Power
Edison
City
5s
A——
series
Toledo
Service
& Light
of
-
18
308,000
$7,000
..
i5,ooo
i
1942
Foreign
Texas
;
.
Week Ended
....
$15
$139,000
/,...: 12,000
517,000
Thursday-
15
'
—
515,000
15
7
■
deposit—..-,
49,990
•48,720
25
10%
1,000
76%
18
307,000
76%
19
28,895
Total
$3,000
76%
30
$136,000
Wedne iday.
77
18
14,455
Tuesday
76%
51
Foreign
Corporate
Government
Monday
51%
49
58
Domestic
Saturday
106
Corp—
2d
7-4s
59
88
—
Debenture
Debenture
: >
••
1
49
58%
'•'•
103% 106%
"9
92%
58%
.
(stamped).Conv 6s stamped
6s
•
F-A
Bonds (Par Value)
of
Shares)
and Miscel.
.
Monday
99,810
213,828
United States
Foreign
.Bonds '
Government
Bonds
$1,400,906
v.
,
Bonds
$92,000
v
$5,000
Total
Bond
Sales
$1,497,900
99
A 5s
Income
debs
West Penn Electric
West
Penn
1954
5si
Traction
5s__.
3,174,000
4,505,000,;
220,000
10,000
4,735,000
435,510
6,685,800
339,000
8.600
7,033,400
M-S
3%
12
1951
J-D
109% 109 %
3
......1964
J-D
$107% 108%
2030
A-O
$102% 102%
—1960
3%
J-D
3
112% 113
2%
Friday
4%
108% 109%
107
Total
6s unstamped extended
F-A
F-A
stamped extended to IBS#..,..
69% 108%
75%
77
69
78
65
65
56
67
.
...1937
J-D
$73
75
71%
......1947
J-D
$73%
75
71
78
78%
4-.'
,
3,912,600
239,00P.
31,000
4,182,600
5,.348,600
376,000
14,600
5.739,200
1,628,105
$24,869,900
$1,404,000
$88,200
$26,362,100
1942
<*
77
333,235
Week Ended July 24
107% 117
-
,
U.
S.
of
r
shares..
•
Total
1941
1,628,105
4,541,600
Jan. 1 to July 24
1942
58,674,771
1941
77,730,539
Bonds
Government.
Foreign
Railroad
.....
—^
Stocks—No,
6s
3,017,000.
261,840
—
—
108%
Western Newspaper Union—
f AYork Rys Co 5s stpd..
A Stamped 5s
—
Thursday—™
Waldorf-Astoria Hotel—
Wash Ry & Elec 4s
Wash Water Power 3%s
19,000
283,882
Wednesday—w_.__.....—
87%
138,000
Tuesday—
90
$88,200
'
$347,000
$5,128,200
$12,153,000
-1,404,000
&
industrial
2,580,000
76,186,000
92,098,000
24,869,900
39,417,000
1,119,445,100
1,149,191,000
$26,362,100
$42,344,000 $1,200,759,300 $1,253,442,000
Volume
156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
.
Friday
Exchange
Last
Range
Shares
Low
Par
~*
Arundel'. Corp———:—.
Low
13%
783
-
High
,
17 Vs
Apr
30c
668
4%
50%
112
112
Class
preferred—
Amsterdam'
Low
1%
1%
10%
3'
10Va
50
50
__
10%
*
40
1
*—10
68
107
7%
3
50
19%
pfd*_—53
coni——1
Va
1 Va
--—J—*
*.
5%
5%'
Central & South West Util com——50c
^
53 Va
80
41% Apr
A Mar
"4% May
Jan
Central Illinois, Pub Serv $6
Jart
Central Illinois. Sec Corp
Conv. preferred —1
July
30
108
Mar
.Jan
116
116
27
27
8%
21
—100
2
8%
24%
,44
•
%
350
207 Va July
Chicago Corp common
Convertible preferred
Chicago Towel Co conv pfd
9%
Jan
22 Va
19V2 Apr
3
JUti
Jan
31
Jan
.
207 Va 207 Va
'
26
26%'
2
834-
26 %
16% Mar
688
•
;
201/4 July
Coleman
26 V4 July
-l
^
-
28
11%
61
.
Utensil- common—*
1-
•
Lamp & Stove common.
**->
33 V4
Edison' common—25
-19%
400
11 Va
-
33% :
19%
33 %r
19%
Feb
1%
Jan
33
Feb
110
Jan
•
11%
8V« Jan
Jurt
Feb
63% July
I V. July
30
Apr
37
Jari
17%
Apr
23%
Jari
% May
4% May
6 V.
45
215
-
1
Feb
Jan
100
July
63 Va
-
X
10%
.
% May
Apr
96
.
Jan
& Apr
6% May
May
May
97
11%
61
,
;
7
40
30 Va
97
70
-
V® Apr
71
.
Feb
21% July.
Jan
5,600
300
1
29-%
Commonwealth
May
50
—
;
-*_*—,——5
common
Aluminum
200
8%
29 Vz
*
Chicago Yellow Cab' capital-'———*
Club
21 Vs
20%
19%
Casualty.!—
Jan
245
200
77Va
,8%
8%
1
1
fff
77Va
—,.*
Cherry-Burrell Corp. Common---—*--*5
6Va
5Va July
50
5%
•
Feb
120
Feb
8% July
200
21
11 Va
Jan
2,400
5%
—
Jun
10% July
3% Apr
Jan
3
5%
—
30
Jun
115
Mar
9
2
1V< Mfir
600
21%
preferred
conv.
5%
96c
Mar
500
9%
High
5%
cum.
Prior lien preferred-.
Trust-Un.—*—-■**———--50.1
U S Fidelity & Guar.
Range Since January !
High
21%
5%
Jari
Chrysler, Corp
Hew
Low
1
*
A
Burd Piston Ring common
Butler Brothers *
—
52%
Jun
3.50 July
45*
•
112
9%-'.
»
Fidelity & Deposit—
*—20
Fidedty & Guaranty Fire Corp;.
10
Finance Co of America Class A com—_5
Mercantile
Shares
•
common— -1
Oil preferred——
63c
4'/2
•
Houston
Range Since January 1 1
.
370
»
50%
.
preferred ;B———1—-100
;r4%"k
Davison 'Chemical Co.,
15
50c
60c
preferred v t .c_i„—-1*-—100'^
Consol Gas Electric Light1 & Power—* ■
'1st
'
•
High
14%
■
comvtc—*
Transit Co
Baltimore
Common
for Week
of. Prices
.
for Week
of Prices
Brbwn Fence & Wire
Sale Price
S TO C K S
Par
Sales
Week's
.
Sale Price
from'official sales lists
July 18,to July >24 both inclusive, compiled
Friday
STOCKS—
Sales
Week's
Range
Last
,
'
Jan
%
200>
200
3,600
'
' V
'
>
•
4s flat—*—1975
48%
50
———1975
Baltimore Transit Co
55 Va
55% >-
42
Jan
57
50
Jun
65
fOl% Feb
105
$27,000
May
Biscuit
Consolidated
:
v
.
..
..
.
!
»
>
,Bonds—*
-
Consolidated
Oil
—1
common
11
*
Corp
1
250
5J
5%
716
7%
*.
7%
10
<
IV. Mar
Feb
Consumers Co—
'
Ss> A flat
•
*
104'A 104%
J——1975
8s series B__*——
6,500
3,000
'
May
Jun
Vtc preferred part shares
Com. part, shares vtc
Crane Co common—
'
—50
50
"A"__*
—
.
1%
1%
13 %
159
10
—
10
I
20
12 Va
—
—25
4 Vi
7% May
2% JUft
Jan
Jun
10%
14
Jan
12%
Apr
Jan
Cudahy PackingCommon
,—30
—
Dayton Rubber Manufacturing com—1
—
Dixie-Vortex Co.
Boston Stock
Exchange
Week's
Friday
Last
for Week
of Prices
Shares
115%
115-117%
Low
Par
American Tel & Tel—*v—
.100
Bigelow-Sanford Carpet 6%
.100
--
-
Low
High
Fairbanks Morse
High
101% Apr
2,222
101
-100
10
101
Fitz
134%
Jan
Boston
Edison
-
Boston
103
Simons &
94
Apr
Herald-Traveler
Boston
7'/«
17%
17 Va
3%
3%
300
3
23 V2'
300
22
3%
IOO
Apr
Jan
.
31%
*-,-*••.
&
D
Feb
91
83
22%
55%
23%
1,687
!9%
Apr
24%. Jan
General Amer.
56%
203
42 Va
Jan
59
Jun
General Finance Corp.
12%
12 Va
165
10% Mar
14%
Jari
General
Foods common
Motors
Gardner Denver Co
*
common
8%
Jan
May
3
Feb
VaApr
10
Jan
6
6
6%
309
5 Va
l3/a
1%
1%
136
1%
125
8
2
Mar
Range
Copper
-
200
2
———
2
6
Brown Durrell Co., common——,
Calumet & Hecla
10
6%
95
Jan
5'/a
345
5
-———
75c
——10
Co-
Boston
4Vs
Gossard
(H. W.)_.
Co.
6 'k
preferred
44 %
<
'
22 Va
30
Jan
Heilman
Brewing, capital...—
Bairtlett
Houdaille-Hershey
5%
5
88
A--—-—100
preferred adjustment.,—-100
1st preferred series
Apr
50 Va
Feb
32%
Jan
91
Feb
,■
no
4%
4%
Jan
81 Va
2%
4%
Jan
Ju!y
SS
6%
Employers Group Association—-*-*
Gillette
108
20% May
3%
300
35 Va
85%
i*i00
Tel & Tel-.*—*
New York; N H & Hartford RR.
North Butte Mining-*-—*—.
New England
15
86 Va
329
50
—25
1%
:
25c
20 Va
20 Va
250
21
504
170
II »A. Jail
8%
50
7'A Mar
1%-
1%
•
101%
Jan
May
64c
Mar
11
24%
Jan
Feb
(W
B)
capital
Co
Shawmut
&
8%
4%
Webster
4%
Leather & Co, common
348
26%
(The)—
Co
22
136
27
**
Cumulative preferred
———*
Libby McNeill & Libby common
-7
Lincoln Printing $3.50 preferred
_*
Lion Oil Refining Co, capital—*
*
Liquid Carbonic common —
*
Lynch Corp common—
Field
.
6Va
—
,
t
Fruit
Co
255
3lVa
31%
54 Va
56%
.25
61%
61
62
.25
43
43
43
25c
26c
*_—
United Shoe Mlachinery Corp—
6% cumulative preferred*—
Utah Metal Ac, Tunnel—*——
-1
Masonite
Corp.
common..——*
Jan
Jan
28
35 Va Mar
May
49
Jun
72 Va
Jan
50 Va Mar
62 Va JUly
20
37 Va May
43%
Jan
46c
Feb
900
Jan
20c
1
100
Mar
:
Mar
1
BONDS
& Maine
Boston
Income
Eastern
-
29 Va
RR—
ser A— 1970
mortgage 4% rk
Street Ry.
42%
$2
part,
cum.
West
106
1948
6s series D.
50
106-
Jan
108
■■V
Sale Price
:
STOCKS*—
Corp
Acme Steel Co., common.
*•*—*25.
Adams Oil & Gas Co common——*
Allied
Laboratories common——.
Pressed
Co
Chalmers Mfg
American Tel"& Tel
Armour
&
Co
capital——109
10%
21'
'25
—
Corn
(Delaware)
——3
115
*
*
—(
,
—
2Va
W
:
,
4
"A"
common
Bancorp
—
—
%
—
6%
—
30
50
4%
350
10%
50
•
•
,.2%.
117
Steel
Car
2%
7%
5
Radio
Co
—•—*
5
common
Berghoff Brewing corp
Bliss ,& Laughlin Inc common
Borg Warner Corp common
Brach &,Sons (E. J.) capitalFor footnotes
see
page
15%
*
common
Corp
Aviation
High
37 Va May
49 %
41 Va
Jun
48 Va
Jan
4"
Apr
4%
Jun
Jan
12 Va
,_i
336.
,_5
—
——1
-
—
—-1*'
common..
—
Roebuck & Co capital—
—*
Signode Steel Strap common..*——_*
Castings common..
*_*
South Bend Lathe Works capital
—5
Spiegel Inc common
2
Standard Dredging common.
1
Jan
20 Va
Apr
22 Va
Jan
Standard
Apr
30 V8
Jan
Stein &.Co, (A.)
Stewart Warner
102% Apr
.?
Oil
of
Indiana
.
capital—-25
4
24%'
Corp
common*—
-5.
—
;
Jan
Storkline
Sundstrand Machine Tool common—5
15%
150
%
Jun
1 Va
Jan
Swift
&
21 Va
%
200
%
4Va
Jan
Swift
International
% Mar
2%
Jun
15%
6% May
13 V<
Feb
4%
300
3Va Mar
3 IVa
397
28 Va May
150
3% May
4
12%
23%
25
10
9%
26%
16
2%
25
3Vi
2%
4
6%
Va
6%
3
4
Va
' %
6%
3V»
29%
10
5
1,495
100
Feb
Jari
14
Jun
Jan
25
Apr
27
-
Feb
Jan
4
Apr
5%
Jan
8
Apr
11%
Jan
9%
Feb.
10% July
15% Jan
3% Mar
110
10
Jun
5
11% May
10
50
18
260
23
Jan
Apr
23% May
20
11
130
4
2%
Mar
28% Mar
24% Jun
50
100
Jan
27% Feb
16% July
Feb
2Va July
250
Mar
12%
8%
3%
Apr
2% July
3% Mar
1,400
Feb
350
50
100
14
6% July
Va Feb
150
%
6%
V2
%
6%
3Va
31
4% May
•
6% July
Va Feb
200
6%'
4Vb Jan
:
14
50
300
Va
3 Va May
23%
610
1
,
Jan
Jan
6%
•4
Feb
Jan
31%
Apr
Apr
Jan
Va
% May
5% Jan
300
Jan
Jun
7
200
8
9Va
May
Jan
26V2
100
21 Va
Apr
27%- Jan
19%
200
15%
Apr
23%
10%
300
10%
Jun
11%
Feb
13
20%
39Vs
3%
.6%
13%
21
39%
3%
150
12 Va
Jun
14
Feb
496
18%
Jun
342
36
64
26V2
8
—
Jan
30%
4
1,000
10%
13%
22
24%
_*
common.—
4
SO
Apr
2% May
50
4Vn
Jan
30
10
Feb
12
July
10
12
50'
43
May
56
Jan
Apr
3%, Jun
■
75
5%
,360
6V2
Jun
550
56
300
54% 55%
**
15 Va 15Va
**:■
27
27
—3
3
1%
1%
133%
100
Jan
51%
11
50
3%
25Va
43% May
10 Va Jun
50
--
Jun
7%
Feb
40 Vs
150
Apr
24
Feb
47
.
Jan
:
4% f eb
8 Va 3an
Jan
70
57% Jan
13%
Apr
100
14 Va
Jan
16
100
-*
,
-
22 %
860
3 %
74
51 Va
605
—
Sivyer Steel
2%
12%
—
—
39 Vs
200
3
':
Apr
25
62%
—
Sears
125
•1,081
16%
23 V4
Jun
33 Va
Mar
Apr
2%
Apr
4V»
Jan
2
Jan
Feb
10 Va
4%
—
9%
.
—
..
common
12
—/
3'/a
'%
—
7% Mar
7%
Jutt
10% Apt
2% May
l9Va
12
50
103A
__
;
class B
50
21
25%
Jan
Mar
5% May
77/«
*-
26%
—__*
common.
.
Funiture
Co
8
11
19%
capital
9%
capital—
July
Corp capital
Thompson (J.'R.) common
...
15% July
4% Jun
Trane
Union Uarbide &
Carbon
common
Jan
S
Jan
United
15
Jan
U
25
July
Jan
Co
Air
S Steel
7%
(The)
Gypsum
Jan
13%
15.
-
—
6l/a
100
250
6%
,
Jan
27
20
Apr
100
8
July
8%
5
Mar
6% July
6
Mar
350
6%
6%
50
15
21%
23%
15 Va
21%
450
24
1% Mar
645
25%
8
.
1,550
348
6%
Jun
Jan
12% May
20% Apr
19% Mar
19
Jan
25
Jan
24
Va Jan
30 V4
39
Jan
May
Jun
„
25
39%
6V»
.—10
common
U
Bastian-Blessing
Belmont
Bendix
/;
—,
common.——10
Texas
Barlow & Seelig Mfg.
■
—
—
%
115%
Asbestos Manufacturing Co., common.1
Automatic Washer, common—*.
3
Aviation
228
,
——5
Co- common—
4%
25
*—*——*
Range Since January 1
Low
43%
43%
*
4%
*
Allied Products Corp. class A-
Allis
47%
46 Va
—*
common—
Shares
High
8
25
100
26"%
16
2%
25
•
—
Noblitt-Sparks Ind, Inc, capital.—5
Quaker Oats Co
Sales
4
'
Abbott Laboratories
of Prices
Low
par
.
5% May
18 Va
50
for Week
Range
Apr
450
4%
9%
10%
13%
22
—
Cylinder Gas common—.1
Poor & .Co.
July 18 to July 24 both inclusive, compiled from official sales lists
Last
416
9%
*-
Pennsylvania Elec. Switch class A!—10
Pennsylvania RR capital
;
—50
Peoples Gas Light & Coke capital—100
Chicago Block Exchange
;
Feb
IVa
6%
,8V4-
25Va
,
pfd..*—'—4—*
Standard
Northwest
Week's
14%
200
6%
_*
Northern Paper Mills common—
*
Northwestern Utilities pr lien pfd—100
Friday
200
3V4
"
capital
-5
Midland^United conv pfd "A"-——*-*
Midland Utilities 6% prior liert—1—100
6% preferred A———
100
7% prior lien —————100
7 7c preferred A——
.*.100
Miller & Hart, Inc., common vtc...—_
Prior preferred
10
-Minneapolis Brewing Co. common
1
Montgomery Ward & Co common.—*
National
Jun
Jan
Apr
13
3Vj
64%
49 Va
13%
" 8V4
,
—
Merchants & Manufact class A com___l
•National
Mass.
106
500
Feb
$2,000
30%
30%
Jun
Jan
10 Va
Jan
809
Va
1.
Venezuela Holding Corp—
28
1,100
32-
54%
—5
Twist Drill Co*
Union
Jan
30
300
,3%
common——^„__*
Middle
United
8Va
Jun
Apr
8%
11 Vi
47 Va
13%
—,
*5
Marshall
5V2
Apr
July
fs Apr
15
67/a
16
21.
64 Va
Mickleberry's Food Prod common.**—1
Torrington
9%
5%
Jan
12% Juiy
.
21% May
10
13
6%
18% July
9 Va Feb
Jan
8%' Apr
Apr
.
'3V4
3Va
—
—
Jan
10
6% Apr
3% Apr
60
4%
Association
10 Va
50
27 Vz
May
Jan
3%
3V8 Mar
5
Jan
3
llVs
—
1
-
McCord Rad & Mfg class A.—*
Stone
39% July
Apr
6%
21
—
_*
1% July
,
40%
Jan
1%
356
6
27%
9%
13
Apr
29%
1,700
16
12 %
6
,
,
,-
Joy Manufacturing Co. common—— 1
Apr
Jan
60c
1,000
14%
11
-*
common-—*
Jarvis
Jan
Jun
15%
Feb
24%
-
200
5
II
Jun
Jan
18%
July
18%
—--—>
vtc
Feb
6
8%
—
common—.—100
Co.
46%
Apr
17V8
L-
Independent Pneumatic Tool s t c—*-*
Indianapolis Pwr & Lt common——*
Indiana Steel Products common
1
Iron Fireman Mfg.
Apr
4
10
———1
International Harvester
15%
36 V»
3%
—5
capital-
13% May
35
3Va
5
8%
Jan
100
100
14
50
*
Jan
5
A
30
35c
July
Jan
35 Va July
May
80
4V» Mar
300
11
4
4
2 % July
34c
-2.50
July
4%
4
350
%
%'
.-100
Pennsylvania RR
.Quincy Mining Co.—.
2%
85%
National Tunnel & Mines—*—
4%'
2%
Jan
796
:
29c
Jan
Feb
May
27% Jan
75
4%
1
Narragansett Racing Assn, Inc.—
25
12c
135
18c
35
Mergenthaler Linotype ——————*
3Vs
3%
309
3%
14c
vtc—-1
Associates
Util
24%
7Vs May
4% Mar
3%
International Button Hole Mach Co.—10
Massachusetts
125
3 Va
—*
Safety Razor Co
6%
24%
6%
*————*
common
3%
2Va
B————*
Hupp Motor Car
Inland Steel Co
*
Eastern
500
*-
**25
common
class
Illinois Central RR
6'/};
3%
39%
;
*
Mass Street Ry.—
Eastern
8%
2Vs
—
10
1
1.80 July
Jan
41
8
Apr
38%
—
Great Lakes Dr & Dock common
18 Va May
5
22
—-—-*100
—
44%
Jan
6%
6
32%
—
*—*
'
Hubbell Harvey InC common
prior preferred—————100
Jan
5
100
36%
38%
Hall Printing Co common——.—
Jan
5%
Feb
10c
37 Va
28% May
100
7Va
6
31%
'
7
Eastern Gas & Fuel Associates-—
4 '/a %
Jari
8
...5
-*
*
——
common——_10
Corp
2% May
Jun
5 Vs
100
75c
3 Va May
29% Jari
3% July
2V4
65
31%
14
6
Gillettee Safety Razor common.—*,
Goldblatt Bros., Inc.**——
Hibb Spencer
East
19
Feb
36%
—
Goodyear Tire & Rubber common——*
10
*
.*
Jun
3%
.
.*
Transport com—-.*-*.5
preferred
—10
General Outdoor Adv. common
Boston Personal prop Trust—*
16%
30
7 Va
..i
82
,-100
5% class A 1st pfd stamped——-100
Jan
Apr
8
conv—*
Co, common-*.———*.*1
23:
prior preferred—:
3%,
i..
56
.
23 Vi
—
*—10
82%
Maine RR—
Boston .&
17%
—
23%
8%
26% July
18%
Jan
75% Jun
317
60
—1
D
—25
.
30
25%
,.5
common.—
Connell
.100
•
Elevated Ry
85/#
23%
—15
Four-Wheel Drive Auto
General
&
Boston
Jun
8%
23%
Range Since January 1
Fuller Mfg.
pfd...
Albany RR———
Corp..**
Elgin National Watch Co
Eversharp, Inc., common
Sales
'
Range
Sale Price
STOCKS—
8
9% July
Feb
:*
——
Electric Household Util.
6'A
200'
t
—J
Eddy Paper Corp
July 18 to July 24 both;-inclusive, compiled from official sates-lists
-
9%
9%
common.——
Eastern Airlines Inc
9 Va May
10
Co
—
25
common
capital
*
20
capital.,—5
Lines Transp
common———,—f—._*
cumulative
preferred—
Utah Radio Products
common
36
25
....2
100
1
—
—
—
—
__
47Va
—
—
5%
8%
67%
52%
11%
36%
6V2
9%
68%
54%
12
47Va 50
109% 111 Va
1%
1%
82
Apr
Feb
6% JlllV
120
5
Jun
450
8
Jan
10
Feb
Apr
74%
Jan
2Q4
58 Va
200
41
77
880
297
550
7%
May
Apr
44% May
107%
IVa
Jun
Jan
54% July
12 Va July
55%
Jan
119%
Jan
1% July
.
THE COMMERCIAL & FINANCIAL CHRONICLE
332
Monday, July 27, 1942
OTHER STOCK EXCHANGES
Friday
Range
17%
•
Union Telegraph common—100
Western
Co
common
,
Westinghouse Elec & Mfg common—50
Stores
Wieboldt
(Wm
Radio
Corp
70%
Apr
81 %
Jan
July
Watling, Lerchen & Co.
Members
5%
5%
100
6%
Jan
5
5
400
4% Mar
5
Jan
New York Stock
2%
2%
100
2%
4
Jan
Detroit Stock
51%
52 Vs
230
*
—
3%
5
3%
5
Jan
40
62 Va
Apr
2% Mar
300
4
4
Exchange
July
195
8% Mar
4%
DETROIT
Jan
14% July
4%
25%
—
Curtiss-Wright
....
—
Co
—*
Interlake Iron Corp
(Glenn
L)
-
—
common....—___*
440
3% Apr
22% May
27% Jan
54%
275
50
May
67
6%
215
5%
Jun
9
2714
510
21%
Apr
28%
Jan
6%
390
5%
Jun
7%
Jan
—
19%
—.—1
common
865
39
,
;1
—
Electric
*
common
240
26%
—.
Corp
4%
52%
6%
,
25%
26%
41%
6 Va
—
Bethlehem
Steel
Chicago Stock Exchange
Building
Jan
28 %
Ford
Telephone: Randolph 5530
com.;—•
Mining.—,—
Copper
New York Curb Associate
Exchange
Jan
14%
14
__
50
Atchison Topeka & Santa Fe com—100
Martin
63%
2
Jan
—
common.,
Radiator & St San
Anaconda
General
70%
18%
Slocks—
Unlisted
American
High
26% May
80
—
Yates-American Machine capital
Zenith
17%
*
capital
Co
Low
26
—
Industries common
Wrigley
Range Since January 1
15% May
231/8 Jan
650
,——2
common
Woodall
Jr)
17%
25 Va
^
common
Bankshares
Wisconsin
Shares
High
Low
Par
Walgreen
for Week
of Prices
Sale Price
STOCKS—
Sales
Week's
Last
185
20
41>/4 July
17% May
Jan
Jan
26
Detroit Stock
July
18
to July
24
both
Exchange
inclusive, compiled from official sales lists
Jan
Friday
Nash-Kelvinator
Oil
capital
-
*
Radio Corp of America
Standard Brands
Jan
6%
Jun
10
16%
900
11%
Apr
16% July
24%
295
8%
400
5%
20% July
7% Apr
Apr
26%
Feb
10%
Jan
3%
3%
3%
271
14 V8
14"%
935
•
3%
3%
50
37%
38%
163
31
Apr
42%
Jan
4'/a
4%
23
4
Jan
5(4
Apr
—
Standard Oil of New Jersey capital__25
Studebaker Corp common..
1
__
—
2%
Jan
3% July
13 Va May
2%
19
Jan
5
Jan
Apr
STOCKS—
Consolidated
Crowley,
Detroit
&
Detroit
U S Rubber Co common—
18%
.1
—
19%
170
13% Mar
19% July
11%
10
11%
100
10% May
13(4
Jan
common..
—10
11%
11%
100
common-
„_1
3%
990
3%
Cleveland
95c
Nav
10
common
20
common
Stove
16
Wood
July 18 to July 24
Exchange
both inclusive, compiled
from official
Friday
Last
STOCKS—
Week's
Range
3%
100
39%
39%
common
—.10
—
common—^.—.—1
1%
American
Laundry
Cincinnati
Gas &
Cincinnati
Street
Cincinnati
Low
♦
Industries—
Telephone
Machinery.
preferred-
6
—20
Masco
.100
155
4
60
19
Jan
70
Mar
20%
20%
72%
73%
44
7%
530
62%
63%
6%
__
High
6%
Jun
6
July
22
Mid-West
Murray Corp
common..1— _.50c
Crosley
Dow
__50
-50
.
Corp.
Drug,
7
63%
*
.
preferred
7
.
100
46
Jan
Parke,
Jan
Feb
Peninsula Mtl.
145
59% May
77
Jan
Prudential investment
50
6 % May
46
42
36
7%
46
May
Davis
Formica
—
—
Insulation
Founders
6%
6%
18
—
Investment preferred
Fyr-Fyter "A"
Gibson Art
—10
—100
July
23%
Jan
Stearns
Little
B
Lunkenheimer
Procter
U.
S.
Gamble
&
48%
Printing.—
Mar
18
48
July
17
Feb
25
Jun
Warner
Wolverine Brewing, common..
Apr
July
100
26%
70
22%
Apr
29%
Jan
99
10
97% May
101%
20
50
20
23%
Udylite, common.
U. S. Radiator, common
Aircraft
Ice
&
49%
445
3%
344
35
10%
39%
Standard
Timken
Brands
Roller
3%
Bearing.
39%
50
Jan
10%
Feb
July
1%
1
Jan
9%
July 18
3 %
43%
from official
Week's
Last
Par
Accessories
Petroleum
Bros
sales lists
Central
*
Cleveland
-i'
preferred
Range
of Prices
Low
Shares
Range Since January 1
High
both
400
4
6%
230
6(4
High
July
4%
Jun
13%
13%
52
59
60%
175
Oil
Corp
Colonial
'
common———5
Finance
.
—
11%
.1
11%
6-
__
Eaton
Manufacturing
Electric Controller
*
„
«|
—
11%
380
10
"
•
...
■
•"
—
6
Douglas
Feb
14% Mar
Mar
12
45
45
14%
1
Great Lakes Towing
Greif Bros. Cooperage
-•
15
100
..100
Interlake
Jones
&
cum
31
„
preferred—
Steamship
•
99
,
Kelly Island Lime & Tr——•
9%
—
»
—_*
General
■
National
Acme
Refining
Prior
Richman
:
__l
_i,
53
Mar
Mascot
July
Menasco
Dorn
,
.
14%
—
'
_
4%
18%
18%
297
3%
3%
3%
900
60%
60%
30
a
Jan
!
315
4
17%
May
Apr
2.45 Mar
5%
20
Jan
Mar
3%
Jan
53%
Jun
64
Corp
common.
&
.
..
31%
Feb
39% July
8% Apr
Feb
'
10
39 V*
4
Co—
39 V*
7%
;
448
7%
al7%
I****'--
0
Rubber Co..—
Petroleum
Corp.....
0
.
12c
18%
12c
mil
6% Mar
194
'
12c
5%
11%
Jan
17%
4c
-100
7
3,000
6V1
al6%
—
Oil
Co
—
16%
7
—1
-1
Mfg Co
Co
1
Feb
12c
275
5% Mar
55
15% May
550
6
199
7
%
%
1.05
V
•
7c
—
40c
Apr
7%
23
Jan
July
Feb
Jan
7% July
1.05
7c
1,000
% July
Apr
1.00 May
1,513
7c
July
1.90
9c
663
6%
Jan
16
10 V*
20
20%
Jan
11%
9%
9%
140
9%
Jun
May
37%
Feb
.—25
19%
19%
370
Jun
103%
Feb
28%
28%
312
38
38
200
Juiy
Pacific
Finance
14
98%
32
July
40
Jan
9
Feb
12
7an
3%
jun
5
Feb
Roberts
14% July
19
Feb
Ryan
Pacific
6'/n
Gas
&
commbn— ...10
Corp.
Electric
common
1st preferred
25
Pacific
Lighting
Corp
....
V*
-.ai
—
-i.
•1'
—.10
*
com——
a
26%
Jan
Apr
/
-15%
a26%
16 !
27%
V
82
16
-
Apr
25% Mai-
19%
Feb
Jan
28% July
33% May
38%
22%
30%
Apr
July
9% Mar
Jan
Jan
225
10
265
4
190
Rice
Ranch Oil Co
Oil
16c
•
Corp
Public
1,250
15c
6%
July
33c
May
Apr
8%
8
8
500
6% Mar
8%
Jan
3%
325
3
May
5%
Feb
a34%
2
Inc
16c
3%
7%
—
Markets,
Aeronautical Co
.1
3%
7%
200
Jan
__
1% May
2%~Jan
43
1%
Safeway Stores,
Inc
*
Apr
Shell
Union
Oil Corp
15
12%
587
21% July
29%
~4%
~5%"jan
Jan
102
186
May
7%
265
6%
302
6
Apr
a31%
82
31
July
7
Jan
11
Southern
California
Original preferred
preferred B
6%
Mar
Southern
Pacific
Standard
Oil
of
Co Ltd...25
-25
_
_
_
35%
Jan
Co
*
*
California—
25
Superior Oil Co (The).
50
12%
74
15%
15%
100
17%
1.388
38
38
27%
25
_
Co
8% Mar
Edison
.
35
24%
al2%
17%
a
35%
24%
Security Co Units of Ben Int.—
Jan
Signal Oil & Gas Co class A__
7%
July
6
al0%
Jun
6%
Jan
62
•
4%
18%
-
12
Jan
10
Feb
a31
9% May
4% May
46%
10
1
__
30
"C"
36
_
200
13% July
"A"
50
*
650
5%
.
Jan
Preferred
283
...»
12
60%
5%
10
'
Apr
Preferred
1,100
__
Weinberger Drug Stores
Youngstown Sheet & Tube-
100
5%
Feb
18%
83
4%
1
L- ''
Jan
16
4%
13%:-
Jan
■
MM
31
99
a31% a31%
175
41%
1%
_
Jan
48
6%
Jan
2%
-
Feb
8V4
4%
Jan
41%
1
2.70
Jan
1%
*
2.20 May
—
33
23
50
11%
al4% al5%
-
2.65
38%
40%
..25
_
Works
«
1.85
28%
90
22
•
1.35 July
12
1
High
1,850
60%
•
5%
*
Co————
Low
1.45
v: 13%
^
"
Range Since January 1
21
14%
2-
Feb
551
I'A
of Ohio.
Iron
9%
Apr
6c
56
45
a20%
3%
July
Sales
Shares
6%
Aircraft Corp
X
Angeles Investment Co.—,— .—10
15
40%
*
Upson-Walton
Van
-
Jan
lc
„
_*
6%
__
Oil
a20
2%
for Week
a 4'%
_#
—_
Lane-Wells Co
Jan
2%
"A"„„
Bros..
Standard
*'
'
'
»-
Lockheed
Jun
__
''
r~'}'
Corp
McBean
Jan
45
41
Jan
High
1.35
100
.
Motors
11%
•
new.
preferred
Nestle LeMur
-
Low
-
*
—
America...
Goodyear Tire &
32
-
3%
__
Jan
Apr
1%
19,434
Range
a2.65
.5
Corp—
Aircraft
Richfield
Sessions
Medusa Portland Cement—
National
99
40%
33
32
__
88c
Jan
1%
300
3 Va
6c
of Prices
«
Inc.
—
Pacific Indemnity Co—
'
...
33
__
Laughlln—
Lamson &
31
"A"——40%
Halle Bros., preferred...—.——100
Hanna, M A, $5
al7% al8%
—
3
Jan
100
Week's
1.45
....
of
Jan
8
—
-10
14-
al8% al9%
__
*
2% July
75c
100
1%
3%
'
■
—50
pfd—1
Corp..
Merchants Petroleum
Goodrich, B F—
Goodyear Tire & Rubber—
1,020
1% Mar
11% July
74% Mar
Jun
40
6
a30% a30%
*
Feb
2%
85c
2c
'
—1
'—
Steel
Los
Faultless Rubber ——f
15%
Jan
Mar
1%
10
inclusive, compiled from official sales lists
__50c
—
Preferred
Intercoast
Cliffs
11% July
140
Apr
7%
12% July
55
July
Inc.—
Corp.—
Creameries
Low
4
6%
__
Jan
Angeles Stock Exchange
Co
Consolidated
for Week
4
——*
2%
100
6c
Sale Price
Corp 5%%
Consolidated
Sales
6%
1"
—.—
Cliffs Iron
Apr
300
1%
4
to July 21
Co
Investment
Gladding
Clark Controller
Jan
1%
1%
2%
1
...
Department Store,
Jackson
Byron
4
5
Jun
1%
11%
Last
Chrysler
Manufacturing——50
Jan
97c
Jun
Jan
Exchange
July 18 to July 24 both inclusive, compiled
Coach & Body.
11%
—
STOCKS-
Broadway
Cleveland Stock
Brass
Jan
2%
27
Apr
Mar
100
1%
85c
1
Friday
July
Barker
American
Jan
56c
1%
1%
39% July
3% July
32% May
Bandini
Akron
Jan
Jan
815
11%
.
Sale Price
1%
11%
Par
STOCKS—
Feb
1%
■■
Jan
30
Aircraft
Friday
5%
5%
-
Feb
30
20
39%
...
2
19%
"
Apr
Jan
40%
1
170
3 (4
.
10
'•
100
—„i
Los
Motors
-4%
Jan
4
May
520
38%
52
Feb
2% May
10
1 %
Apr
42%
10
10%
Columbia Gas'
General
Jun
July
Feb
35
Fuel.;
410
1%
.—a
common.....:
Unlisted—
City
Jan
Jan
2% May
1% Jan
Jan
3%
^..50
Apr
July
12
23%
48%
*
Preferred
1%
23c
Jan
Jan
Feb
1%
4'/4 May
431
86c
1%
*
common
July
99
—50
2%
24%
2%
common....... .—1
12
23%
♦
Miami, guar,—'.
68c
360
86c
—10
common
Tube
(Frederick),
Wayne Screw Prod common
Kroger
2%
99c
Jun
85c
-
Feb
39% July
Mar
1%
"
1%
Scotten-Dillon
5%
24
1
16
26%
*
^
2%
common...
40
20
...
5%
.
24%
i~iii
10
12,
...*
common....
Prod.,
40
40
*
12 >
8%
Jun
:•
common:
188
18
40
12
—
6%
118
7%
1
100
200
Feb
Feb
16c
»
Feb
2
Jun
1
205
5
85c
"
Apr
Standard
Eagle-Picher
75c
5
4%
3%
Jun
May
1,500
85c
10
common.
8
5%
75c
1
'
2% July
July
1%
100
2,956
1%
Jan
60c
•2,255
1%
Jan
1.00
1%
325
20c
1%
75c
II III
.
16c
.1 ■
-
*
common
Packard Motor Car common......
El
,;
1
18%
2% May
30% Jan
1,668
1%
; 1%
;
1%
.1
common
common....
Hone,
Abrasive,
1%'
3
720
1%
65c
Apr
Apr
86%
*
Sugar,
Micromatic
*
62c
1
common..
common
Die Casting
Michigan
Range Since January 1
Low
6
Products,
Oil
1 ?■-
common....
Michigan
High
6
Screw
62c
Feb
1% Mar
1 % Mar
500
Motors,
Jan
1%
May
57c
100
1%
2%
McClanahan
Shares
Sale Price
Par
Aluminum
lists
for Week
of Prices
sales
15
100
1,300
1%
Brewing,
3%
Jan
2%
Kingston Products
Sales
78c
1,386
2
3%
2% May
July
common——1
Brewing
Graham-Paige common—.———„1
Cincinnati Stock
70c
—0
Apr
Mar
95c
Industries common—..3
Frankenmuth
Goebel
16%
1%
4
14
2,000
1 %
16,
1%
3
High
Feb
11% July
200
70c
1
common..
95c
1
Gray Iron, common—.1.^—.5
General
Low
115
Federal Motor Truck, common.
Gar
Range Since January 1
High
8%
..
common
Edison
Detroit
Low
Shares
3%
Motors,
Milner,
for Week
of Prices
1
common
Paper,
Continental
Sales
Range
Sale Price
Par
Baldwin Rubber
Detroit-Michigan
Yellow Truck & Coach class B
Week's
Last
Jan
14 Va
—*
common
3%
23%
8%
—
—
common——♦
Republic Steel Corp common
1,695
1,200
16
„
*
common
(The)
5%
9%
8%
—1
capital
Co
5%
8%
—
___•
common.
Pictures
Paramount
Pullman Inc
Pure
5
Corp
Central RR
York
New
28(4
603
50
13 %
12%
13 V*
550
21%
21%
22
536
—
35%
35%
2,752
—.
24% Jan
10% May
27
14%
Jan
14
Jun
24
Jan
15
Apr
20%
33
Apr
24% Mar
41%
Jan
28%
Jan
13%
Feb
22%
Feb
ioy4
18%
Jun
Apr
Jun
Jan
28
Mar
4
Jan
Apr
13%
May
10% Mar
35% July
UnlistedFirestone Tire &
Rubber, common...10
General
common
U
S
Electric
Steel
common
For footnotes
see
26%
,
page 336,
Transamerica
17%
.
«
19
27%
30
49%
is
'
2
Corp
__
Oil
of
618
9%
1
11%
ll'A
11%
1,210
10
1
7%
7%
1%
225
7
...5
California
Vultee Aircraft Inc
4(4
a9%
..25
Transcontinental & Western Air
Union
.
4%
«M«U,
4%
4% July
Jan
333
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
156
Volume
OTHER STOCK EXCHANGES
Week's
Friday
Last
Sales
for Week
Kange
Shares
of Prices
Sale Price
STOCKS—
Low
Par
St. Louis Listed and Unlisted Securities
Range Since January 1
Low
High
High
.
W
(
Mining Stocks—
Gold
CardLnal
4C
4%
4%
39%
1%
2%
Jun
Jun
2c
Jun
4%
1,100
Apr
2c
250
2 Va
4c
„1
Mining Co——
Va
2
.10
Alaska Juneau Gold Mining Co.
Jan
4%
Jan
Edward D. Jones & Co.
1922
Established
Stocks—
Unlisted
Radiator & Standard San
Amer
a4%
Corp„*
a
10
39%
633
103
Apr
a26%
26%
95
24
May
a40%
41%
65
Baldwin Locomotive Works v t c—13
all%
11J/4
50
—5
a9%
9%
100
a52%
54 V«
55
24%
24%
160
22%
Jan
20
39%
Jan
39 Va
ST. LOUIS
130
all5% 117%
705 Olive St..
Jan
39 %
—*
——,100
Copper Mining Co_—
50
Atchison, Topeka & Santa Fe Ry—100
Smelting & Refining Co.
Amer
all5%
American Tel & Tel Co
Anaconda
Oil
Barnsdall
Co——
Aviation
Bendix
Corp.,..,.-,
Corp
Borg-Warner
General Foods
Goodrich
Co
Kennecott
8% May
July
.
Feb
Postal Long Distance
New York Curb Exchange Associate
24% Juiy
Jun
3%
340
22%
Apr
28%
Jan
a32%
32%
20
24%
Apr
28%
Jun
al9
19 %
140
13% Mar
17%
St. Louis Stock
Jan
26%
Jun
•
30%
a42%
34%
40%
Last
Feb
Apr
New
York Central
30%
30%
8%
RR Co—
North
American
American
11
Inc..
Aviation,
North
Co
9
6%
890
11
a7V4
Low
Aloe Co., common
—a—20
American Invest., common.———*
Jun
Coca-Cola
Jun
10%
Jan
8
53
2%
30
Inc_—,————1
al5%
16%
145
14% Mar
—50
20%
20%
340
20
Corporation of America
— *
Steel Corp———u—-*
a3%
3%
60
14%
14%
40
Jan
Falstaff
Paramount Pictures,
Pennsylvania
Radio
RR
Co——
a
Republic
Mar
2
Brew
Hydraulic
Jun
22
International
2%
Feb
13%
Jun
3% July
17% Mar
Socony-Vacuum Oil Co——„
8
8
44
270
55
55
55
*
.—15
Mar
July
8%
6% Mar
135
>
55
Apr
Shoe
—*
common
,
Piping
Missouri
Portland
National
Bearing
Supply
common—.*
—
common—25
Jan
40 Va
Jan
National Cany 2nd
a21%
22
50
21
Apr
24%
Jan
National
Candy
Union Carbide & Carbon Corp
a68%
68%
Rice-Stlx
Dry Goods 1st pfd.———100
S
Lines Transport—
Co
..5
Rubber
130
62% Mar
64%
Feb
3
27% July
34%
Jan
25%
11%
Jun
8% Mar
40
al7%
17%
50%
16%
50
50%
556
55%
Jan
5%
5%
100
4% May
5%
Jan
6
Apr
26
245
6
4% Juiy
100
32
May
4%
,
Y
Feb
6 Va
Feb
:
Apr
17
15
10
15
14'A
50
12%
Feb
14% May
12%
Y
12%
50
12%
Jun
15% Mar
11
12%
Metals
common——*
preferred.—100
*
July
Apr
10%
114
'
—
—.'-Y
2
96%
22%
140
88 Ve
88'A
Feb
103
July
Jan
12
Apr
July
115
$10,000
Apr
6%
July
1% May
93% July
15
20
17
Feb
5 Va
50
220
96%
1st pfd——i—100
Scruggs-V. B., Inc.,
5%
2
Apr
114
5
115
5%
—
•
15
155
10%
100%
9%
20
12%
103
103
Dry Goods common
*
St. Louis Bank Bldg., equip, com..——*
70%
70%
165
70% July
71%
Jun
Electric
Wagner
Jan
.50
Westinghouse Electric & Mfg_.
8
Jan
2
July
101
Jan
17% Jun
Jan
45% May
—5
Pictures Inc
Warner Bros
a26%
al7%
.10
—
—
Apr
May
5
2'A Mar
14'A
common..
Rice-Stix
U
July
Feb
18 Va
Mar
U S Steel Corp
Jan
103
15
;
—
13 % May
United Air
,
28
6
—
Cement
&
33
-5
Feb
Jan
6%
200
6%
27%
6
Key Co., common———————*
Laclede Steel, common
—
20
10
Corp——
6 %
6%
50
135
Aircraft
May
98%
5
145
38'A
United
20
103
5'A
14%
12
16%
4%
14'%
12
10
5%
37%
a
33%
4%
a
—;
(New Jersey)
28% July
*
common
a
Railway
Jan
285
14%
14%
July
7
205
29
103
High
41
July
5% July
Brick preferred—100
Pressed
—25
Swift & Co.——25
Southern
Standard Oil Co
Low
41
12
5%
28%
—
1
common
Hussmann-Ligonier
15% July
Midwest
Sears, Roebuck & Co
Range Since January 1
Jan
2%
6% May
7%
a2%
———
Car Co
Motor
1
Bottling common—
41
6%
—
Ely & Walker Dry Goods 2nd pfd—^100
a7%
Packard
Shares
High
41
.
29
Jan
*
Ohio Oil Co—
—
common
13%
7%
30
Shoe
Brown
May
10
228
7l/4
30% July
9% Jan
25% Mar
225
30%
for Week
Range
of Prices
Par
A. S.
Montgomery Ward & Co Inc
Sales
Week's
Friday
Sale Price
Feb
37%
30
42%
Exchange
July 18 to July 24 both inclusive, compiled from official sales lists
STOCKS—
26% May
150
30
Bell Teletype SL 593
Feb
26%
al9%
C'Entral 7600
Chicago Stock Exeh.
Chicago Board of Trade
Associate Member Chicago Mercantile Exchange
Jan
3%
,e
Corp__
Copper
13%
10%
60%
10% July
55
Phone
St. Louis Stock Exchange
July
220
26%
—■—*
Loew's, Inc.
37
Jan
29
New York Stock Exchange
Jan
3%
-1
—
28%
3%
——P—*
Corp
<B F)
31
a31
Co———.——J.*
Electric
52%
5
——
Continental Motors Corp_——
General
a
5
*—*
Corp—
Steel
Bethlehem
a40%
Members
129% Mar
—15
common.^.
' .Y■
'
BONDS—
1st mtg.
St. Louis Pub. Serv.
—...
r
21
24 lA Mar
May
'
..
.
82
Jun
89
45%
45'A
4,000
32 Va
Jun
45'A July
80
88'A
5s_.—1959
25-year conv, inc.1964
Scullin Steel 3s—
1941
,
80
2,000
77'A July
85 Va Mar
Jun
"LY'-YY.Y
'Y-vy%r- Yvy; y--y
Philadelphia Stock Exchange
July
both
to July 24
18
Friday
Last
Sale Price
STOCKS—
from official
inclusive, compiled
San Francisco Stock
sales lists
Sales
Week's
Range Since January 1
Shares
of Prices
;>,y
American Stores.;———.——
IlOO
Asphalt
Barber
10
Corp...—
General
9%
Jan
12 Va
Apr
134%
50
—
6%
15
62%
182
7 V8
Jun
6
44 Va
A
730
%
12'A
Jun
31%
31%
32
38%
38%
39%
%
Jan
18%
Feb
57
Feb
63% July
Jan
13%
%
Jun
10
6% Mar
Jan
.
—
Battery
——10
Motors——
28% Apr
33%
29%
419
1,220
40
Jan
Feb
July
*
4%
4%
Light———*
1%
1%
&
...
Jan
5
Jan
1%
50
Lehigh Coal & Navigation
Power
3%
YY Y 200
Apr
3
!y
1.45
2!A
Mills
California
Cotton
California
Packing
Corp
Tractor
Pennsylvania RR
—....50
Pennsylvania Salt Manufacturing.—.50
20%
2,023
2%
May
3%
Jun
1,990
18%
Jun
24 Va
Jan
141
20%
141
10
114% 115 Va
—
31%
216
8%
176
Feb
110% Mar
116
Feb
Apr
31%
Feb
7% May
10%
Jan
29%
.
150
;■
Apr
127
28
30%
8%
4.4$' pfd—100
Philadelphia Electric Power 8ft pfd—25
Philco Corp. ———i———i,——3
Philadelphia Electric Co.
Y
2nd
—
—'
Salt Dome Oil Corp
$3
$5
preferred
173
20
20'A May
22%
Feb
1%
20
1% July
3%
Jan
32%
86
25%
Apr
36%
Jan
47%
110
43 Va
Apr
55%
Jan
*
y"
19
A
11%
A'
il%
11%
104
3%
■'
Jan
Va July
1$
Jan
3%
3%
2,984
*
98% 101%
287
92
19%
18
19 %
120
15%
16 Va
Jan
Jun
5%
Jan
Mar
11
3%
99%
20
——
Coal
;Y
;/*»
t
Jan
35
Jun
20
20
20
Fireman's
Fund Ins common
Corp.
Greyhound
106%
Jan
Jun
19%
Apr
Pittsburgh Stock Exchange
Friday
Last
Sale Price
Brothers
Hunt
-
Low
Par
Ludlum
Allegheny
Arkansas
Steel
Auto
17%
—
(R
Co.
Natomas
High
16% May
20
22%
Finance
1
common—
50c
—
50c
Apr
8
Apr
65c
6%
100
200
—
North
American
Invest 6$
American
Oil Cons
45c
Blaw-Knox
Clark
(D.
Co
L.)
——...—
Candy——
—
*
*
———10
Copperweld Steel
5%
5
5
200
1%
—-*
Columbia Gas & Electric
5Vb May
125
5%
1%
465
•.
9%
13
9%
Oil
—
...
—
5
:——10
Duquesne Brewing
Mountain
10
Fuel Supply—
.
Jan
July
Mar
7%
Jan
4
Apr
7
Jan
1
Jun
1%
1st
& Electric
—
8%
Jun
11%
Jan
10
12% Mar
10%
400
7%
225
7% July
9%
Feb
5%
5%
200
4 Va
Apr
5
For
footnotes
see
page
336.
*
16% Mar
19%
30
Apr
41%
Jan
80c
Apr
2.00
Jan
3%
Jun
1.05
Apr
30
50
24
1 Va
1 Va
1%
May
69%
71%
165
23
1%
225
70%
4
15
1,700
14%
15 Vb
55%
100
4
'
Jan
Public
Preferred
common...
Jan
Jan
23
23
20
15%
24'A
Jun
2.25
2.25
46
91%
92%
304
83
Apr
38%
39%
810
31%
Jan
39% July
10%
10%
244
8'A
Apr
10% Julv
12%
12%
316
10%
Apr
12'A
13%
14
704
13 %
19%
Rayonier
Inc
Rheem
115
6 Vb
100
710
21
150
4%
1,600
1.40
4%
100
7%
7%
1,760
19%
100
6 %
6 '/a
100
4%
7 k
22
/
100
22
18%
29
26Va
:
1.60
Va
Southern
4
240
14
Jan
Feb
July
May
1%
Jan
9%
Feb
July
27%
Jan
4
Mar
5 V8
Jan
90c
Jan
5%
3%
6%
17
Co
Standard Oil Co of California
5%
20% May
Mar
24% Mar
29%
Jan
22
Mar
27%
Jan
26%
27 Vb
855
22 Va
31
Jan
96
50
3
174
14
150
86
86%
96
29
1.90
60Va
1.90
60
9%
15%
90
Apr
Apr
Mar
2% Mar
19% Feb
20
97 %
2%
Mar
14
91
*
11
72
Apr
101
15
119
Apr
146
150
22% Mar
29 %
Jan
Jan
Jan
July
Jan
Jan
July
Jan
2.00 July
Jan
61% July
110
1.50
61%
293
31'/a
9%
250
8
Apr
11
Jan
Mar
25 Va
Jan
Mar
11% May
1.90
24%
24%
170
24
11
11%
315
10
6%
Apr
8%
Jan
7%
158
12%
12%
913
10% Mar
13%
13%
150
13 % July
17%
Jan
13%
2,775
10%
Jun
13%
Jan
22%
1,112
18 Vb Mar
22%
Feb
96
J^n
7%
—
13 Vb
12%
21%
91
91
20
12
11%
11%
.100
6%
6%
150
California——
Jan
524
11%
of
29
993
11%
Co
Jan
26%
11%
Oil
Feb
7
29
25
Union
■
Jan
380
Sug«r common—.
— 25
Universal Consolidated Oil..———10
Union
Jan
21
26 Va
.
2,217
4 Va
Oil pfdY.
9 Vb
Apr
28%
y
4Vs
Associated
5%
Jun
Apr
1.50 Feb
4% July
*
-2
Water
Transamerica Corp
'•
Apr
4 'A
2,247
86 Va
Jun
Jan
4
Jan
73% Juluy
6
Pacific
Feb
Jun
20
10 % July
—
Oil common———15
5
*
*
Feb
July
4%
29
common—.——*
common...
7%
Jun
Jan
19%
140% 140%
100
common—————1
Pulp Co
14
8 Ve Mar
Feb
6 % Mar
3
——25
Shell Union
108
3% May
14
3
common..—_—.100 ,v
Oil Corp
50%
18%
...
Manufacturing co_„——1
Richfield
2.50 Mar
Feb
May
40
10%
9%
-
Jan
y 4%
25
25
*
*
Co., Ltd., preferred.—-.100
43
10
19 Va
—
*
Whistle -preferred—,.———_—*
R. E. & R.
Mar
2.10
126
:
.
2.00
6Ve
.19 3A
4Va
-*
*
■
1.25
1
common.
common..—.——
2.00
—y
*
Service 1st preferred—*
Service
...——
Co's
Paraffine
Pig'n
11%
88
38%
Co common—25
dividend
2.50 Mar
76% Mar
10
Jan
10%
24
Pittsburgh
Westinghouse Air Brake..
255
275
85
...10
■*
——— *
preferred
1st preferred..^.
Pacific Tel & Tel
Tide
Brewing preferred
*
Pittsburgh Oil & Gas—
5
Pittsburgh Plate Glass
25
Pittsburgh Steel Foundry, common—;*
18%
36%
Jan
7%
10%
May
18%
100
Moffatt class AA_——;
Soundvlew
Devonian
v,
'
—
23
Jan
% July
811
pfd——.100
—10
Preferred
5%
14
Feb
3%
7
—
North
Pacific
Range Since January 1
Low
8
16
100
22
May
92%
1
Inc.
Gl
Libby.——
Co, Ltd
—
Magnin & Co., 1., common——.:
$5
sales lists
High
17%
10
10%
—<
■Magnavox
Pacific Public
8
.100
85c
300
81%
Natural Gas Co.—
Preferred
Jun
200
14
3%
^—•*
Libby McNeil &
5%%
Shares
1.40
1.40
:
Preferred
for Week
Range
Jan
46
Co
Pacific Light Corp
Sales
Week's
of Prices
Jun
8%
10%
v—
Ltd—a—_*;
common-— .,—.10 ,,
Pine
Hawaiian
6%
STOCKS—
2%
Apr
80%
10%
80%
*
common
Oliver United Filters
1
Apr
6%
1.00
__
Ltd
Golden State Co,
Pacific Gas
both inclusive, compiled from official
1%
290
22
'
1.05
10
.—25
—10
Fund Indm. Co..
Fireman's
O'Connor,
.18 to July 24
100
7%
36%
com.—1
Crown Zellerbach Corp common..
5
Preferred ————41
Di Giorgio Fruit Corp preferred-.—100
Doernbecher Manufacturing Co.——*
Occidental Insurance Co
July
Jan
2'A
1.40
22
,
Co common—1
Mining
Eureka
Central
LeTourneau
20
*
United Gas
Westmoreland
13 >/a
22%
46%
—*
*
preferred
—
Improvement common
12%
32%
32%
—*
OIL————,.—-*
Tacony-Palmyra Bridge—
Class A participating—
*
Sun
common.—,
Apr;/
Jan
1%
1
Scott Paper—.————.
United Corp.,
11%
15
22%
13%
50
—————50
common
preferred
High
1.85
Jun
7%
13
common.....
General Motors Corp common
Reading RR
1.40
1,100
Jan
21
3%
3
3
..1
Low
1.45
2'A
...
common—.100
common..—* :
Range Since January 1
High
1.35
Co—-—-—13
Jackson
Byron
Creameries of America, Inc,
Pennroad Corp voting trust ctfs_;
Low
■:! :
50c
Alaska Juneau Gold Min————10
Anglo Calif. National Bank.———..20
Bishop Oil Co
....—...I
~2
Shares
of Prices
Sale Price
Accessories—
for Week
Range
Par
Aircraft
Sales
Week's
l.ast
11
,y;yy
Cateruillar
National
,■
STOCKS—
Jan
8%
■
.
Feb
101%
13
preferred
Electric Storage
705
611
61%
Co common.
Publishing
Prior
10%
6%
Chrysler Corp.—
Curtis
8%
Co..———
Wheel
Budd
115
116
Y":
'
High
119%
10'va
_*
& Tel—:—
American Tel
Low
High
Friday
'
1
Loxo
Par
Exchange
compiled from official sales lists
18 to July 24 both inclusive,
July
for Week
Range
May
2,456
%
Jan
Mar
14
Jan
4% July
•
THE COMMERCIAL & FINANCIAL CHRONICLE
334
Monday, July 27, 1942
OTHER STOCK EXCHANGES
22
Jan
M J & M & M
Cons
235
12
Jam
l
6c
7c
»
30%-
30%
Montgomery Ward & Co.———
13% Mar
23
Jun
Mountain
270
Jan
New
J an.
North
235
5
205
May
6%
20
6
Apr
7%
City Copper—.
York
Central
RR
5c
—
capital
25
13
Jun
17
July
460
27
Apr
31
Jan
Olaa
common—10
a7%
7%
25
20
3%
3%
20
30
30
10
27
Apr
31
Jan
50
20%
20%
170
__1
Pennsylvania RR
North
Sugar Co
Pioneer
Mill
:
—
Co
Jun
19
8%
8%
25
4%
3%
1O0
25/8
Feb
3% July
24
Feb
-
8% July
Jan
3%
—20
Jan
8%
Apr
1.50 Mar
,
July
9
13%
May
6%
■
•
Jan
2.60
7% May
10
Jan
30% July
1.40 May
985
11a
Co
280
300
•
Hight
9c
Apr
241/2 Apr
250
9%
American
16%
30
v'v
8%
Aviation—.,
16%
Low
5c
2,866
all%
American
30
Range Since January I
High
1.80-1.90
*
•
Shares
Low
i
,
10 % May
22
6%
3%
Jun
of Prices
Par
167
ll'/a
—'
High
Sales
for Week
Range
Sale Price
20
11 Ve
—:—5
Waialua Agricultural Co_
--20
Wells Fargo Bank & U T
100
Western Department Stores l'/r pfd—25
Western Pipe & Steel Co.10
Yellow Checker Cab Co series 1
50
Yellow Checker Cab series 2
——50
Preferred
1.95
100
2.40
2.40
1
Equipment Co common-
Low
High
Low
Par
Last
STOCKS—
Range Sipce January 1
Shares
of Prices
Week's
Friday
for Week
Range
Last
Victor
Sales
Week's
Friday
Sale Price
STOCKS—
Feb
Unlisted—
Radiator
American Viscose Corp
Bendix Aviation Corn
Blair
Inc
Co
&
375
23 y* May
28%
407/s
380
29'/a
39% July
a30 Vb
a30 %
30%
50
5
1
—
Corp.—
Electric
Co
_
Jan
Jan
6%
12%
50
13%
Jun
15% -Apr
17%
261
15
Apr
20%
Jan
338
25
Mar
28%
Jan
26%
Jan
Jan
Standard
-;
28 Vb
•
26%
100
•
26 V*
3%-
26%
3%
•.
*7
23% May
150
3
.
„
-•7
Mar
Jan
5
Feb
Oil
of
LJ
J—
N
2% May
2%
Apr
Sup. Portland Cement pfd
13%
Jan
United
4% May
6%
Feb
United
6
8%
Jan
28
Jan
Utah-Idaho Sugar ,Co. commop.
4
25
United States Steel common7—
38
a 38
a
175
38%
30%
:
Apr
7 41%
•
Jan
Jan
10
6%
130
a 26%
27%
316
May
22%
Apr
Aircraft
States
3,250
2.00 Mar
a26
a26
26%
160
26% May
26% May
Warner
a29%
a297/e
30%
75
27 '/a May
36%
Westatea
2.25
24 V4
Edison
ll'/a Mar
4%
2.15
14%
17%
5%% ;pfd7—25
Standard Brands, Inc.——777.77*
40c
Feb
al4%
____—25
Calif
3% July
common—,——7*
common————25
Corp
preferred
Southern
32%
July
30c
Steel
So Calif Edison Ltd
225
6%
a 26%
28 Vb July.
May
Corp of America—
32
a4%
al3 V4
—*
Copper Corp common
a2
13 Vb
a
f
31
834
38c
a2
—j,
*
1
•
:
25%
35c
Idaho Mary Mines Corp—__—_
1
International Nickel Co of Canada—*
Kenn
Republic
25%
Curtiss-Wright Corp—
General
Jan
V4
capital—„
Oil
128%
a39
28
25%
City Service Co common
,_10
Consolidated Edison Co of N Y———*
Consolidated
24
Radio
Apr
104 %
520
Jun:
a40%
Mining—.
Copper
503
28 y8
4%
28%
Top & Santa Fe
Atchison
116% 116%
Apr
3%
—50
100
Tel & Tel Co
Anaconda
125
San_*
100
—14
Standard
&
American
American
4 V2
4%
Jan
42%
capital——
.5
Co__—_7 7-1
Corp
"A"—_*
a26%-
Petroleum
Petroleum,
2.20
5
2.20
70c
-
,1,450
•
-
Feb
55%
Jan
3%
'
Jun
2.10 July
•,
.
Jan
1.05
May
44%
•
400
;
42'/a July
327/b
80c
•
560
-
5%
5%
,7771
Ltd-—.
89c
--;--50
■
26%
a47% ' 50 '
a47%
5
;
L
£ictures_7
Bros
85c
89c
;,
._•*
.
39% Mar
26% May
50
42%
.
Jan
200
Apr
.•5%.-Jan
580
70c
-4%
65C
Apr
80c
Jan
CANADIAN MARKETS--Listed and Unlisted
'•
18 to July 24
July
■
Range
United
'
'
v-;
Acme Glove
6Va %
Works
Agnew-Surpass Shoe
Algoma
Steel
Asbestos
Assoc
Corp—_______
of Canada
Breweries
>•
Jun
13
Apr
Feb
11%
May
26
Jan
10
23
8
July
17
Jun
<
,
8V4
8%
210
17%
17V4
405
13%
*
——j.
*
com——*
—
25
53%
July
50
5
11
25
r
__
High
Low
5.:,
50
11
1
Range Since January I,
Shares
High
50
*
preferred
Pacific Grain
_7
preferred.100
—________
Alberta
Low
Par
*
for Week
of Prices
Sale Price
STOCKS-r-
V-' L.
13%
5
•
9%
Bathurst
Bell
Power
&
Telephone
Brazilian
A__ ——'.—*
Paper
of Canada
Co
Columbia Power class A
British
Jan
17%
Cement
Canada
Jan
North.
Canada
5%
Bronze
Canadian
Car &
7%
common.
Foundry
Investment—.——*
Ind
Alcohol
B
iClass
—i
Pacific
Canadian
common
—•
Banks—
102% Mar
7
114%
Feb
116
Steel
Dominion
Stores
18
Mar
115
Enamel &
General Steel Wares——
Preferred
Gurd
(Charles)
Hudson
Imperial Oil Ltd.
Imperial Tobacco of Canada
Preferred
__,
Laura
Secord
Shops——
fe Co common
.
Massey-Harris
McColl Frontenac Oil Co—_——
Mitchell
Si
(J
Montreal
&
National
National
Corp
;
Ogilvie
Penmans
Placer
Power
preferred:
of
Canada—_—
Price Bros & Co Ltd
Class
St.
St
A
Flour
Lawrence Paper
see
Power
American
Canada
&
5
Feb
Malting
Northern
5
74% July
Apr
797 pfd
Mills
Corp
Paper
Ltd
Dominion
Woollens
Feb
2
3
Fleet
Jun
10%
6.75 Mar
9
May
14
275
22
Apr
Jan
;
28
; Jan
9% July
7% Mar
9%
Jun
109
Jan
1.50 7
^
-
85
9%
.
Mar
2% Jan
1.00 July
29
-; 7-176
:
4%
"" ' 9% Jan
9% Jan 7
96
^7
4
May
5%
Feb
70
-
13
Mar
17%
Jan
225
5
25
141/3
35 ',
85-V -
-
-
.
.
516
-
20% Jan
37
Feb
85
May
13
Julv
34% Feb
79% Apr
,
~
Limited__-_:
5.00
6%
Apr
7
Jan
Apr
9%
Jan
»
i*
Voting trust common
International
12%
Jan
Paints
Paper
&
Co—
Massey-Harris Co Ltd 5%
Oil
McColl-Frontenac
696
22%
22%
22%
Jan
29%
30
624
29
Apr
36
Jan
Mitchell.
54%
125
54% July
65
Feb
Moore
13%
225
11% Mar
13%
Jan
Provincial
Jan
Southern Canada Power 6%
5
2
July
87
Jun
17
420
118
*
16
July
-
-
July
31
'
Mar •/
Jan
161
Jan
40
Jan
13% July
July
Jan
Jan
7%
Mar
July
July
2% Jun
10% Max
27
. ,
Feb
July
1.65 June
.
Mar
33 7 -1.50 Apr
50
7
Apr
60 7>
2% Mar
357
1.50
IV*
2%
-
2Vs
:
17%. 17%
2%
18'/a
9%
,
-
2V8:
■
•
:
3% Jan
25% Feb
1.50 Apr
7% Jun
4
Jan
22
.
390
--
-
May
2% Mar
15
736 7
-
56
60«
'
1.75 Mar'
-
,.50
180
9-
/-
t
2%
89
May
/Melchers Distilleries Ltd
Preferred
=.
-
2%
20
^
Apr
Jan
3% Jan
18'/a Jun
14% Mar
9% July
9
July
17%
Jan
10
117
Mar
118
Jun
9%
10
8
Jun
12
Feb
8
90
6% Mar
10%
Robert
Stores
Ltd
Ltd
B
12
Jan
13% Feb
,
77-
pfd—„100
5% Feb
.
.
7
Jan
Apr
Apr
Jan
15
16
.
Apr
Feb
12% May
92
Feb
1.00 July
6%
15
45
6
103%
.
Api'
Jun
Feb
Jan
Feb
2Vis July
13
Jun
43!/4
50%
19
80
18% Mar
19% Feb
19
■ 3c
13%
1.20
Walker-Gooderham & Worts Ltd com-*
11%
39%
4%
100
20
200
15 7
16
,:,;
>
.
1.50 Apr
12% July
12% July
40
Jun
12%
12%
—
*
160
2%
12%
12%
42%
7.
A—*
-200
-
5
72
9
200
2%
—
common—__
' 1.50 Feb
1.00 July
268
13 Va
40 40%
6
6
103 103V2
—7
> 7 —1
_____
125
6Va
7--"7 13%
*
class
1.00
6%
—7
7
Co
Corp
15
1 00
"
.
288
14
11%
—
Ltd————*
Co
Amusement
Class
75
12
75
1.05 Jan
13
Jan
12% Apr
10% ADr
72% July
.14
10
Transport
--~7 60
1.50- 1.50
13V4 13V4
—
common....*
—
Corporation
Thrift
L7
-7
—*
pfd_^
_100
cum pfd_100
Feb
2o
_i
7-^.
——20
Power
6
%
7
A—______.*'
claps
preferred
MacLaren
20
;.
722
.
1.50
7%
2%
—•
1 ■__<
Ltd—
25
2
7
-
,
22
—.
_i*
50
,
12% July
Jan
Jan
"
$1
Mines—
Beaufor
3
3%
215
2% M»y
4%
Jan
Dome
-
44
30
.
44
July
44
July
117
July
5
112
Mar
21%
21%
1.790
20
Mar
24%
373
37
37
29
13
42%
42%
* 117
'
120
23%
Apr
26
37
Apr
39%
Jan
110
29
Apr
34
Jan
13
July
41% Mar
17%
Feb
52
Jan
55
421
565
19
25
Feb
155
Jan
6
July
4
Jan
120
3
120
July
122% May
5% July
5
Jun
3%
3%
4
155
3
Mar
7%
7%
7%
530
7%
Apr
4%
7 .,v.'
7
7_
.
40c
.,,'7"'
1.48
55c
;1.00
91c
1.60
55c
1.03
91c
1.60
20e
-.7 7-
1
2.05
1.35
:
1,500*
300
500
350
8.25
2.05
7
.
3.85
8.00
.
3c
13%
1.20
45c
3.85
-
—
.
Ltd___L7.1
11
Gold
Ltd—
Mines
Crow Gold
Quebec Gold
—
Mines Ltd7
Mining Corp J
Mines Ltd_,_—1
Sherritt-Gordon
Siscoe
Gold——_—;
-
Apr
13
Jan
May
106
Mar
2.00
Teck
Mines
Ltd
—1.
^^.1
.
—7
1
__
'"7-
7!
--1
,7
:_1
Svlvanite Gold
11
104
260
Mines
Sullivan Consolidated Mines—
5
1.10 May
Shore
Jan
90
145
Ltd.—.7 7 7
Macassa Mines Ltd—
„7;
1.
7
Malartic Goldfields :7-_—L_—_—__l 7 -7
O'Brien Gold Mines Ltd—
1
7 7Pend Qreille Mines & Metals Co_
LI
' 7_
Lake
Sladen-Malartic
12
7,:
100
w,
_
2%c
10%
1.20
32c
3c
17%
2.24
49%c
Apr
Apr
July
Feb
3.00 Mar
Mar
Feb
Jan
Jun
Mines Ltd—
Hughes, Gold Mines Ltd,—.
■„_
71
1.
._1
,
..
—
—
•
30
400
-
400
200
r
475
50
300
7 6.90 May
2.05 July
4.35 Jun
'
1.20
50c
1.00
90c
1.50
Mar
Apr
July ' *
July
Apr
20c Mar
61V2CJuly
31c May'
18c Apr
50r
M r
1.35 July
20c
-700
61%c 61%c
32c
35c
22c
22c
54c
55c
1 35
1.35
1,182
1,250
500
1,800
100
1.56
150
1.50 July
lfi'* Julv
1.56
'
11V* Jan
2.80 Jan
2.22
75c
1.62
1.31
2.30
Jan
Feb
Jan
Jan
Feb
20c Mar
87c
-49c
31c
65c
1.35
Jan
Jan
Jan
Jun
July
2.20 Jan
Jan
^||
10%
10'/4
10
May
15%
Jan
24
24
24
20
22
Jan
25
Apr
Amalgamated
25
25
200
24 %
Jun
43
Jan
Home
12%
13
1,546
12%
Feb
14
Jan
Royalite Oil Co Ltd
11
Ltd—
Mines
Jun
105
1.15
Mines
Addison. Gold
Pickle
18% July
151
100
1.15
Eldorado Gold
.Kerr
;
Ltd—.1
Ltd———1.00
Mines
Malartic
Perron
20
5%
11%
Mines
Ltd—7——7—*
Mines
Jan
22
5
-
East
;
Gold
Jan
51/4
105
Jan
20
151 % 151%
5
23 %
__*
preferred
Jan
181/2
/
88% July.
.
'77;-777 1.70' 1.70
-
"Ltd__2__i
20
13
page 336.
Jan
.307
<
,
r_—_;_* f.2%
Ford Motor of Canada.Ltd A—:
•
;
17%
Fraser Companies Ltd common——
9'/8
6 % July
13
7
89%
.
13
4,.\
Farmer Candy Shops Inc„—il
Aircraft
3%
—
75c
May
55c
Jan
1,675
29
preferred.——iu0
_*
May
4
35
•
*
•
preferred—.——20
Paper Co
Fairchild Aircraft
Fanny
48% July
Apr
24
__50
50c
120
;
14% : 14%
__
*;'•*«■*£■
Square) Corp.-
8%
117
common—*
100
4%
55c
4%
Ltd
6%
44
___*
7f.
High
- 'Low
Investments
Dominion
Apr
-
Range Since January I
High* ' ■
4%
100
Dominion Oilcloth & Linoleum Co Ltd_»
Jan
;
.
.
—.
5%
100
—100
1
Shares
1.00
9%
^
,
2%
42%
.for Week
preferred——
General
15
♦
"7
.
;;'
Sugar Co—_____:* 7:
Industries
Jan
92
1,099
89
'
:
:
Ltd— _J__u——* '
Canadian
510
.
Sales
Range
/ 88.%
•.
,,
_•
Ltd_—
Power
Canadian Breweries
Jan
6%
•
125
t;
*
Co
Co
Canadian
3%
37
153 Vat Jan
6% July
Apr
5
555
1
Jan
July
July
63
-
145
3
9
Oil
••
__
,
" —7
_^*
Corp___„
Dominion
Canada
3
Shawinigan Water & Power—
For footnotes
British
6%
*
preferred—_—
Lawrence
;
10
>
Paper Co .cl^iss B__*
Beauharn.ois
3%
preferred..——_—100
Lawrence Corp
St
16
23%
,
.100
Bathurst Power &
Donnacona
206
9
Co common.—*
—
Brewers & Distillers of Vancouver Ltd_5
6 Vb
.:
Power
3%
3
50
8
21%
.
- ■
from official sales lists
of Prices
v
.
Low
*
3%
♦
Quebec Power
Saguenay
2% July
:
16
*
Heat & Power__
Development
Corp
150
3%
9%
100
—
Ltd
Jan
118
f
Flour Mills.:
Preferred
& Paper
Aluminium Ltd_—
United
-
,:
Jan
4%
7.50
89
_*
Weaving.
Noranda Mines Ltd.
Ottawa Light
70
6
6%
2
25
Steel Car
Power
preferred
13%
—
Last...
yy- Par
54V8
.
—
Jan
Week's
:•
Sale Price
8>/4
;.-v.
188
July
.,
Consolidated
July
2% May
73
'
9%
-*
;
Wire
25
27/B
8%
9
P
*
Breweries
Niagara
3
July
22
. ,
144 ^
inclusive, compiled
■
STOCKS—
5%
*
—*
150
35 v 144
150 V—.
.
144
Jan
5
•
preferred———100
Heat & Power Cons
Preferred
85%
110
":
3
:
9
__
Feb
82
Feb v
■v'":r- 5
4
5
23%
;
Apr
152
Apr
Jun
3%
50
71
Jan
9%
Jan
4
40
—*
Co——
Cottons
Mont Light
'
Jan
,
375
40
—0
{John A)__
Candy
Lindsay ,(C W)
50
•
Mar
152% May
6 %
515
4%
48%
9
Milling Co com—_*
—100
Preferred
•,:
8%
5
48%
--
150
July
July
Jan
3
100
July
131
Jun
150
85% July
common—,—*
1.35
40
88
152
10
10
,
15d
35
Feb
15%
5%
—
.
Jan
24
July
Jan
26%
10
85%
7L
150 ^
..
Friday
6%
—________—
Lang & Sons Ltd
of)_^L——100
Canada--—____ 10.0
of
■'
>•;/':
148
133
135
131
•
$ 4%
21% Mar
22% Mar
5V4
77
• 1
•
12% July
12 .... Jun
40
5% Mar
10 ..11 . Jan O;
* ;7 ■■■.'7-. > 27% ,27%
10
27%
.Ltd—* '. »* 7*
7 7 100
6V2
Bi_—_:___—* ^7/;,v/7_r ;;7 141
141
13
141
Cdn Inter Inv Trust 597 cum pfd—100
39
39
10
39
Canadian Light fe Power Co_7
100
v J_
13%- 13% r - 7
20 7-' 12%
Canadian Vickers 7% - preferred——100 v
- 77
24% • 24%"25
^
21
Commercial Alcohols Ltd commop—7_.* 7 7, • ^ \
2'%
-2%.
r 200
1.90
Consolidated Bakeries of Canada Ltdi*>> 7
.v
9%. 9%
>
50
- 9%
610
7.25
Nickel of Canada.—•
Lake of the Woods
24% Mar
85%
—
Power
39
July
85%
Paper preferred
—100
International Petroleum Co Ltd.—*
•Preferred
July
20
145
6%
International
International
Jan
34
•50
73
Acceptance Corp—
*
International Bronze preferred—25
,
■
1.15 Feb
1,10 July
,
% Mar
212
2y8
Industrial
International
6
10
5'-
—
*
5
:
6 % Mar
73
5%
_*
*
common—
Jun
Jan
23%
4
*
Mining___
Bay
5
5%
23
V
Mines——;——5
Howard Smith Paper
Jan
1,657
35
20%
86
6%
'
pfd—50
common—
Gold
Hollinger
5 9i?
10
3
—-100
,
Goodyear Tire & Rubber
1,125
5%
70
100
*
preferred
5%
•
:v\v;
—
L
—
v-L
——*
;
5%
8
—■
—*
—-——*
Co—1
3%
4%
—
*
——777-71
Power
3% May
Mar
152
—
Heating Products—
Gatineau
Mar
3
,
7*
class B
3
239
5
—__—^
Electric
English
-35 ::
835
10
—100
——
Jan;
460
23%
.—_—*
131
•
6%
3%
23
*
.
Apr
Apr
'
Abltibi
3%
18
34
—
...
'
"
.•
80c
<85c
Montreal Curb Market
Jun
125%
Mar
5%
—
■■■<■} '•'
135 i./.i
)
July. 18 to July 24 both
Jan
27
21% Mar
•
3
—
25
——
Textile
Dryden Paper
Electrolux Corp
I
.
3%
17%
Ltd—)——_*
Preferred
Dominion
(Bank
Bank
Canada
Dominion
....
71
10
Jun
115
20%
Dominion
Dominion Tar & Chemical
Montreal
Royal
>'"y:
July
July
34
—*
*
preferred——.—_——25
Glass preferred—,,
.— 100
...
26
100
100
—-7—.—*
Coal B
21% Mar
5
100
5%
Bridge
1.10
v
3 ' Feb '
35% July
-
-7v
.
:4
70
Jun'
4
Apr
43%. Jun
66% Mar
:,
.'lV
.
:
Nationale_._i.100
(Banquet,
(Canadian
July
120
Dominion Coal
&
7
15
Distillers Seagrams—
Dominion
% Mar
4
'■
1
■■ ■.
1.10
Bank)__—1_—100
vv-:-
Canadienne
Jan
145
5%
8
Consolidated Mining & Smelting—.
Crown Cork & Seal Co
32
Apr
23%
3
'
27% May
15
/■
.
•
60
25
_______—„100
-K —» 12
,12
common_^_L^__.t_i__i__j■ V'V--?;'.*12--/'. 12
Ltd
Jan
25%
103
r"
■*
Jun
135
*
Plow
Cockshutt
*
—
Ry_—1———25
7%
29%
25 %
—
Foreign
Canadian
Apr
130
18
*
Canadian
5 % Mar
23%
__
1.15
1.10
V.j. '-.fi.
L*„
•
. Range Since January T
\yy_ /: Low
?,r
High £
Jun
121% 121%
—
—
3%
35%
u
Jan
5%
6%
-
__
100
.Preferred
102
%
25%
100
Cottons Co common—____100
Canadian
July
25 y8
_*
Celanese—„„
preferred
7%
95
20
27%
3%
35%
Jan
70
6
6%
preferred—..25
participating
Canadian
5
5
31
'
A„1.15
class
.
65 :
68 '
35%
B
Preferred
High^/f
,
68
Corp^___—__i_i_^_____.*
Shares
of Prices
s
Low
J'
t
Apr
Mar
6%
31
—
1.00
4
4
27%
y
"
25
•"
Class
Zellers
Sale Price
*
Par
July
5
614
*
___50
——*
_•
'
preferred
Canadian
22
Apr
253
95
'
'
for Week
Jun
6 l/a
0
Corp
Power
Steamship
Canada
1.00
10
334
4%
95
95
18
50
Jan
Jan
Jnn
May
6%
50
1.00
4%
4%
—.100
Preferred
21%
21
14 %
150%
•;
Jun
135
4,033
10
1.00
—
.
common..—_—*
Co
9'%
11% July
95
324
135% 136
10
j—*
—*
B
Class
11%
11%
•
__
100
.—•
P—
&
L
T
rA
Cotton
Winnipeg Electric
/
Range v'
Apr
19
13% July
Steel
Wabasso
f
preferred-—
Sales
Week's
Last
!
.
'
•
Commerce
.
STOCKS—
-
»
Steel Co of Canada
Sales
Week's
Last
;
2
both inclusive, compiled from official sales lists
Friday
Friday
y
Montreal Slock Exchange
v
Oil
Co
Oils
Ltd_
_*
——*
Ltd
—
_*
.
—
—
18c
18c
500
2.29
2.32
890
17
17
100
2.05 July
17
May
2.70 Feb
19
Jan
Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
Friday
Toronto Stock
18 to July 24
July
Exchange
both inclusive, compiled from
official sales
Week's
Friday
Last
for Week
of Prices
Low
Par
Shares
XX
.
Low
Abitibi
Pow.er & .Paper 8%
& Oil Co Ltd-:
Alberta-Pacific
Aldermac
Grain
5
,100
pfd
Gas
Acme
4c
Copper Corp
8c
_*
40c
43c
5,200
2.01
2.01
149
*
140
—:
"
H-T
,
25c
of Montreal
Bank
of
Bear
Exploration & Radium
62
25c
2,000
2c
May
6,417
91c
May
3c
1,000
3c
July
Seattle Gold Mines,
Ltd—;—•:
Bidgood Kirkland
Hats
Biltmore
Ribbon
Blue
Bobjo
Brazil
150
,269
xxx 4c
3%c
4V4e
6,500
60c:
Cordage
Co
Oil--———*
American
Dominion
British
Oil
'•
56c
.
:
Jun
15
10
Buffalo
12
6V2
48,200
36c
1,500
91c
12%
12%
8.
8-
Feb
Jan
9.30
Canada
:n
94
X X —X
Cycle & Motor preferred..—; 180
Canada Foundry
10
July
18
Jan
July
Jan
Malting
Co
Packers'
x;;X- 16 X.:X
LtdX—.i—:XiXX-X---—1
^
Canada
McKenzie-Red
Canadian
:'>
::6%
Bakeries
Preferred
.•6%
26%
Modern
1.25
1.25
si
r
——i—
s
.30;
.
10
Bank
of
Commerce-XX-iil00
Canadian
Canners
Ltd———X__——*
.Class A
Class
,
•1
128
18 Va*
———2Q-A
5'4.,
:
4 8%7-8%
";X6%:46%4:
Preferred..
Canadian
commonS—X*Z
—_X—X-XXx:'—25
Celanese
1st
-
25 Ve
preferred——-'
25 Va
23
;
:
Ltd
Canadian
■
RyXriX-—iX—X*-i-"X23i'V?
Wirebound
:X.;
Quartz Mnning---XtlXli-IXl :i v
Cariboo -Gold
Carnation. Co 5t»
•
-
t'j
w
-it *
17%
-
Central Porcupine
5.%
18
-
-
4
•
23
'
May
1.00
75c'.
:■■■
MinesXXlVr^,rrXX4-Xl'X;,;
400
1.00,4
••>116 t
,75c- X
•
•
Ac
80c V
National
Grocers
:
14,700x
^Research.C»rp__liVH'iiflX--1 ¥4
Chemical
Chesterville Larder Lake GoldMines—T'X X- 62c
Cocherour Willans Gold
MinesjXXiXXiX.l T'X14
x 62c62c
•
'*?
61c
60c
-
6
-
63c
-
Mines
Ontario
Feb
Jan
June
29%
57
'
Jan
.'Jan
1.50 ; Apr
■
60
July XX
6
1
9%
•
July
July
-Coasolidated
•XX 9% May
Distillers
'
.V
—
& 114-
Preferred
-
23 %
:yi: ^ „.01-
_-_X_4-_X---XJ.XiX-ViXXl00
Mines: X:iX -XXXX
Dominion Coal
Dominion Steel class
Dominion
Duquesne
Mining
90
18%
X 'Xx 5
3c
600
Jan
1
Steel
Eastern
.
Products—-X:———
X
1.10
1.05
.
«
V
lie
•
Famous
2.50
.=
Corp—
Players Canadian
Farmer
——_
16%
'
Federal
Kirkland
Mining—Xi—X-—Xl-;'
Ltd—:'tX:X——-XX XXX*'1-
Aircraft
Fleet
> 17
Pacalta
-
17%
74cX Jun
,,!
'
6% May
20c
/.
•
x
'■*
Feb
92c'
;- 39
Power
5%:
xxl*
common—
X——— Hoo
preferred
Mining Co
f
—
■■
Preferred
(voting trust)
Hallnor
'V
a
Partanen
Malartic
Ltd
'-'X
:
12
12
7%C
:XXX
7
I
X-
Perron Gold Mines, Ltd,^
Pickle-Crow
Pioneer
Gold
'y
1.90
1.90
■•; 75
'
X Jan
Jan
Gold Mines
of
B
Harding
Hard
Theatres
United
pfdxx: ,100
Gold
■
"•75
<1
Carpets Ltd—
Rock
X
;
3
Mines—: IIIi'
<fe
x
13
Reno Gold
Hotne
Oil——_——
7.20
7.20
—
nil
July
65
Mar
X39%
Apr
45
Jan
Apr
265
Feb
Jun
7
Jun
Apr
23c
Jan
235
,15
r
100
4%
8%c
18,600
36c
.500
42%
%x'; 554
65c
1,304
Jan
33c
May
50c
41
Mar
52
Jan
60c
July
90c
Jan
Jan
16c
500
16c
July
53c
7,400
48c
Apr
90c
Jan
16c
127,300
6%c
Feb
16c
May
3%q
3%c
3%c
49,000
2c
May
92%
40
35c
34 %c
36c
15,300
34 VaC July
85c
Jan
lVoC
l%c
1%C
6,000
I '/eC Feb
2c
Jan
15c
16c
3,200
X 12c
Feb
19c
Jun
85c
85c
90c
2,800
85c
July
1.35
Jan
1.66
J.60
1,66
1,600
1.38 May
2.35
Jan
1.30
1.35
900
1.20
2.20
Jan
4%cMay
Mar
92
103%
Jan
3%
Vk
1.56
1.65
x.,
4% July
3
Apr
4%
Feb
1,54 July
-44
;
July
2% Apr
40
XX 4
Roche
1.60
3.20
Jan
Jan
17c
17C
17C
.500
8c
Apr
39c
3 VaC
3 Vac
4c
2,000
2%c
Apr
3 Vac May
2 VaC
2Vac
4,500
2c
May
,100
140
142
31
*
17
17
140
Long Lac Gold Mines——-—1
Royal Bank of Canada,——
Royalite
1'
7,600
—i
Oil Co Ltd
St
140
Jun
3c
Jan
155
July
19%
16 Va July
Sherritt-Gordon
1,000
1 Vac
1.50
1.60
2,974
1.35
Feb
15c
15c
500
9c
Mar
i
——
Jan
1
!
Simpsons preferred
63c
I
63c
1,000
lc
July
63c
4,176
41c
4
69
100
7%
70
51
Jan
2.05
Jan
X 19c
July
7%
7%
^
common
4c
July
lc
lc
1
X—.—
Dairies
l%c
1.50
Ltd—^—*,1
Rouyn, Ltd—;
Shawkey Gold Mining
Bilverwood
l%c
L____—_X—1
Anthony
35c
Standard
Gold
-X—-XX—
9c
11 %
t.
X
65
Jun
l%cMar
Jan
97c
6% Apr
8Va July
May
89%
Jan
•
x
X
•
2 Va
32c
30c
May
49c
3,500
17c
Apr
34c
Jan
2c
14,000
'x'x x- 70
lc
Apr
6c
Jan
4
Mar
3
Jan
3%
Jun
57 '
Mar
63 Va
Jun
87c
Jun
1.96
Jan
5
5
3%
3%
220
61
61%
'x' 30
1.24
Paving & Material pfd_
Radio
Jan
Sylvanite Gold Mines, Ltd.———
15%
19
Apr
July
■
9%
Jun
Apr
5% July
X
4
July
10cX Jan
Apr
Co
■f
Jan
2.30
12c
Mar
Jan
of
Canada—;
3.60
•
1.24
44;000
2,000
1.36
200
1.30
-1
1.34
10c lOVsC
1.36
Mines
1.32
1,200
10
1.53
6
6
Tailors
Preferred
-100
98
98
'•"••XL*-
17
17
•x-vrx*1
45
45
./
5
65%
65%
27c
27c
common—.
x_^_*a^-'-—
Elevators
Preferred
common
.X^.,X__:_XlX-_XXXxXX_ 1—50
<
Toronto -General Trusts -Corp——.->100
Reserve
July
Jan
2%c Jun
'X
18% July
Union Gas' Co of Canada
United
Fuel
United
6Va
-_i*
Apr
79%
":20C
X. X:-
Steel
class
Invests
Jun
Ventures X—
-Vermilata* Oils
Jan
Vulcan
Gils
Waite-Amulet
Mar
50
Jun
Wendigo
2% Mar
Western
16%
Feb
13c
Jan
'3% Jan
July
X
Jan
2.34
Jan
8 Va
Jan
6
x
20
97
.
:
33
July
106
45
X
July
63
.
May
,
Jan
20
Apr
16% May
Apr
50
Feb
76
Feb
Jun
50c
Jan
Jun
10%
Apr
23c
500
.
•6%
«-
6%
•
x.'x';
3%
3%
50
3%
3%
185
69c
71c
8,610
3.90
3.95
29
50
pfd—25
B
5 Va
>280
29%
—*
69c
1
—X—XxX-xx—•
■
9c
36
2% Mar
Jan
Mar
3% July
4.25
2% Mar
59c
X
2,500
600;
Preferred
Weston
Mines, Ltd
Gold
*
-
4.25
15c
Mills
common.*
X 26
——-x—.—xl-Xl._ __100
9%
lc
lc
105
lc
-----—*
2.02
2.00
2.05
99%
99%
—
^
■>:<
x
400
3,720
4.80
Apr
AprJan
Jun
May
Jan
Jan
8c
Apr
16c
1.00
-x 12
26
9%
1
Mines—
4.05
33
9%
*
IGeorge) Ltd common,..
Wood-Cadillac
'
13c
22c
July
15c
5,250
1.05
5.00
Apr
5VaC Jan
,
X
1,414
15c
1.05
——1
Mines
Canada Flour
4Va
1.24
Apr
3.00
460
15c
4-15
xx.-;
9c
,15c
i-X---_l
Ltd__----_-^-,-x-'«'<r-----L
Jan
.
11%
25
%c July
60
•
Va May
x'
;
29
X
Apr
May
Jan
Jan
.77% May
Apr
May
Jun
1.98
1.50 July
3,065
•v
50
United Fuel A
6V4 July
Apr
1.70
8
25
1 50
13%c Mar
8V2cMay
1.15 Apr
1.15 Mar
».
.
60
10
1.50
Tamblyn
Tip Top
•••.;.
July
.X
2-
(6) Ltd
—— if—*
Teck-Hughes Gold Mines XiXiX-X: —III
-
5
Jan
■
X.
3%
-
-
Jan
1,300
22c
'
2c
Ltd
2% Mar
73
20C
Mines
Mines
7 %c Mar
1.90
35c
35c
20c
Siscoe Gold—------
Sladen-Malartic
Slave Lake
River Gold
1% May
200
7.45
1,534
2.25
'
,
-i."
'X
100 X
2.33
13,955
2 Vac
*
;
Homestead Oil & Gas
' 5%
x'x',
14
Jun
90
240
July
50
Apr
1.20 May
■
29
Mar
18
.X 9%
11 Va
Jun
3 VaC
July
lc
1.81
Apr
,
2.90
July
July
Jan
Jan
Jan
3.00 Mar
■
May
75
3%
Apr
July
Jan
55c
Apr
•
'•■••, x
2nd War Loan 3s
;\:y:
'.V., :!X;;,,X X'X,
1949-52,
X
S3,000
99
Mar
100
Jun
Jan
14
BONDS—
Jun
'
V-—-.v-1
Paper Co of Can,
Hollinger Consolidated Gold Mines, 11x5 :
Jan
14
10
i,—_1
Mines Ltd
Basin Mines,
Apr
39
300
-
Jan
1.40
May
50c
Preston East Dome—;
Sudbury
Vac July
11
i 34c
13
6%s
95c
10
40%
1
Sturgeon
2%
31%
225
; 3 x.
34c
34c
40
50c
*
Steep Rock Iron
Apr
10
'
....
Dauch
Hinde
14
—1
Feb
■
Hamilton-
1,215
25c
C
Jan
17
70
,
: V:
X'X 200
x
500
96c
36c
Power Corp of Canada* 'Ltd
Pressed Metals of America
Jan
191
22
61%
12
3,000
-
10c
8%c
1
Mines
W right -Ha rgreaves
'
Apr
8%c
100
—
-17 Va
•
Mar
4%
20
20
•
•
VaC
3% -X
3
XX
40
•'*
4%c Jan
240
1
X 97%
r
July
35
:
Apr
42%
Mines
Steel
14% Mar
500
1.60
XV'"";XX.
—LI
—
1.60
'
3c
X—l
Gold
Jan
1 Vac
500
%c
48%
-r
vX
42 %••:" •'■•;
,
,n>-
1
XX
49:
X'X
■;
Mines,
Mines
42%
/
———
Ltd__XX.iXXX_ X—1
Gypsum Lime & Alabastine—XX—
VaC
"/
•'■'""Xi--4'1
,,
100
40
——
25 V2
2.50 July
988
X-
10c
Jan
Apr
56
——*
Mines—
Mar
15
30
76%
10c
—X' V
II50
,X-_
Paper (voting trust)— X—*
Gunnar Gold
76%
"X
Jan
50c
Jan
17
7;
205
6
X 73 Xx 74
-
■■'c
IIIl:;;"
X
X-'i—X--i.-X^X.
Great Lakes
f"
——
Goodyear Tire & Rubber commonPreferred-'
■'\X -6:
6
•
,100-
5%% preferred
Mines Ltd..
God's Lake
Goodfish
X:X'.
Jan
1.04
3,100
5%
Upper Canada Minqs Ltd——
Gatiiieau
Jan
4c
May
Feb
Jan
132
1.05 July
10,000
3
36.
350
.40
55c55VaC
14
Tubes.—
Porcupine
San Antonio Gold Mines
2%c May
535
18 X
4
45 Va
■
92 Va
Oils, Ltd-——,.-
Page-Hersey
Pamour
Senator
-
3
'•
10
2% V;
174 a
-
Apr
16c
17%c
4
350
""•.xl-1.3
•
A,,,-—---^X——-X-— -XX*
Ford'- class
2.50
17
'*
III1-
2%c
I4%c
Jan
1.15
VMav
-/'•.'XX 10' i "••;'■ 10c
16% 4-17
: 2c '2c
Nickel Mines
Falconbridge
-300
4c
Nickel—
Transcontinental
Fanny
2%c
55c
——
Jan
6 V4 Jan
14,030
lie
;
2%c
12 Va May
2% May
65c
July
:X
325
1.30
Apr
9%c 10 %c
Gold
Toronto
Eastern Malartic—-X——X—i-i,-
10%
120
.
12c
xMay-
X; •
1,000
'
510
3
—39%
—_——:
X 1-50
-July
16%
<
795
'
-rXv 4
3c
•
"iovaC
•
July
10% July
10
465
8^8
7.X 5
4
Co_^-XiuXi-i:-XX--l
150
■<
12
Jan
'-10%* Mar
10% May
1,955
'
10%
Xx,'6,
—,--,-^-25^
Tar <te Chemical -Co—X—X—*
XX '10
91X13 %
18
_X—X—-__*•
Stores--
Dominion
21
"-110
169
18
•
34"
X' 315
•
—,,
Naybob Gold Mines, Ltd—
Standard
23%
10%
Steel—IX—X*
*
Xllc
ISO
1-.30
:
.■!
swJitly
•
560-
-
Jan
'
515
53
13 V4
X150 '•
preferred_XXlXX_XXXX425
Foundries &
Dominion
~
Apr
*
X'
5,500
91-
33%
X*•'
Bank^xX—X—_,•X—X^XX-lOO';
Dominion
34%:
23
;
-
HcXl2c;X
-
X121
v
113^115;:
:
■
Seagramsi_i'ii'XX'i.X',-_Xit^'->_L'ii*:
July
'Juty
85c duly
eocXMai*1
-1;607•
^34
•
Apr
1.72 Jan
7
5c->; May:--
Feb
20
•
-
15c XJuly
915
85c
9%:
Petroleum -'X—Xx—X4™* X
Da-vies
•', Dome
.
Jun
'
(jOc •«frlc,-
'
34%
Bmelting^-tXX^Xi'XXXXiX'l-5
Gas Co of Toronto:!—ilOOT;
Consumers
X- 80c •*"
X 79%*
Mar
3 Va
Jun
23 V2
•
.Jan
Jan
'7
26
,;X
-li
2,000:
2c
Apr
Jun
22 X
.'■v
60c
^
Jan
Apr
2 Va
-'Apr
154'X Feb
"X'
■
X*X'46c'7 Apr " X
<215: v.':.'''X 5%7jan : -
ISc1.
X 85c
LtdlXxiLiX^--XX±xX-4^,X''1
Consolidated: Bakeries
■
2.75
l%c
2,255
Jan
.7%
•4 3,700
-
6
15cv
Ltdi-rX^XXUXX-XX-X-f _5;V '
Minfes-
Coniaarun*
5%
'X,
Commoil- Ltd--
Coniagas
■
*
417
3,500
3%
—.
87>
126
116*, July •.
75c: July '
600
XX 100
•;
'
Cockshutt
''
1.80
1 Va c
100
—
common
O'Brien
,7 1.00 Apr
•••■«.
10,550
5%e
•■
•
7X20.
1.50 Mar
Jan.
2.22
Mar
July
17 V.
Jun
54c
11%
11%
*
18
9%' July
•k
Mar
1.15 Mar
3%
100
37%'. Feb
6%
'• 45"
Jan
1.68
Apr
30c
3
class
Jan
-Apr,
:
1.05
2,425
11,350
l%c
———
Corp
106
; :
367
'
'116
preferred-xXSL'iXXTOO" X
Mines-'XX—_XXf—XiiL; X
,
Central Pat Gold
"5 Va
600
42c
1.50
Normetal Mining Corp—
Northern Canada Mines, Ltd
Feb
;r
July
Jan
Queenston Gold Mines,
Canadian --Pacific
1.20
1.35
common—.
Feb
May
4% Mar -:22
Mar "JX
145
Jan
96c
Knitting preferred—.
102
8...
i 30
9% x* 9 % x.y
"X
2.85
8%c
Noranda Mines
•
5
.
Apr
".-i
Mar
16
■X"-, ,50
23
..n..
-
.XV 2nd preferred1'-
128
<
2.02
.20
Mines.
Jan
x:,r>4% Mar
.,152
-..
Canadian -Car & Foundry
1.65
;
3,390
42c
.-1
Jun
Apr;.
80c
V
100
:
2.15
1.35
—5
8%
\r- 48% Feb
.X 99
'
X 18 -78%.
■
B
143
.5%
4 128 X
X;
Jan
2.10
3%
Paymaster Consolidated Mines
Canadian
Jan
23%
•
1.20
'49V4 July
,
25%
Apr
common—
Moore Corp
25 V4 Mar
•
•
Jun
18%
80c
1.75
Lake——
Containers
Monarch
Moore
:>
July
5 Vt
97
Jan
19%
257
2.11
Gold, Mines
Jan
14
XX 74% May
115 r July
X-X.25X
-
1.35
70
19
Mining Corp of Canada—
Apr
2.80
Apr
103
;;:XX':4
49%
51
Ltd__r_-:X--X*X---* X-
15
27
.
27%
49%
1
i
116
6%:
-
Cable CO—
&
"
300
21
*
——4.—-,-.
.July
80c
Xi'94:.
,
80c
-1
Oil
Graham
61c
Apr
;xx ioo X'X16
X
160 X.' ,33
i 80.
;
38
XXtX 5
16
115
4;X_XiiXliCi---r-X^c4^h5O<0 26%
Canada-Wire
<
-X 35-:
XX 79
4
Steamship Lines- common,,—*X
Preferred-:
34
35
Ltd_-__—''
Canada Permanent Mortgage-—100
■
94
BOc
20%
..1
Porcupine Mines
29
Mar
XX 'V/z May
X
1,100
104% 104%
& Forgings class A—<V:X-Xv'X-X
Canada
Canada
95c
May
Jan
21
11% Mar
25
i
32%
XX 9 ;1 July
300
.8
95c
-
;
—
Jun
3'
..1
Negus Mines
,
,
60c
July
-1
—r*—
——
-X-,
McWatters
X 4,600
Calgary, & Edmonton Corp
*
Canada Cement Ltd preferred——,100
Feb
2%
1.18
.,1
Doug-Segur Exploration—.uL-:
Mclntyre
32 %c
15
.v
Mc
•
July
40c
X;
38 %c
100
18%
common......—.,.
Frontenac
8c
t
Feb
5,500
1
Jan
7% Mar
-X-13'Mar .Xs
10 Va
6% Mar
54c
2%
20%
Fields—
Preferred
McColl
McVittie
1.43
Building
Burlington, Steel'Co—4x
10c
-X
,
Jan
8c
May
2%c
2,000
9 Va Mar, *>.
6.70 Mar
;
-
2.07 July
X
10.50
2.70
Jan
Feb
2c
July
6%C Apr
14c
Mar
20c
Jan
Jan
'
-X--1
Gold Mines
;
Hudson Bay> Mining & Smelting',—
Huron & Erie Mortgage Corp.-— I ioo
Howey
-'.'"X,
14c 14
-
'
X' 23 %
Vac
23. '23 %
3,600
X;
21%
Apr
28%
49
"49
10
46
Apr
55
Jan
——-100
170
172
10
170
July
204
Jan
8%
9%
2,948
Imperial Tobacco of Canada ordinary_5
X Preferred
£1
10%
10 Va
25
6%
6%
200
6 %
May
8 %*
8%
15
8%
Jun
Imperial
Imperial
Bank
Oil—
•'
-X
—.—
Imperial- Varnish .Colour
7
Preferred
Inspiration
common^—*
Metal
Jason
Mines
27%
v
•1,145:
30
7% Mar
9% Jun
27% July
Toronto Stock
July
class
A—
Petroleum————
9% July
12%
7%
>9
inclusive, compiled from official sales
Last
Jan
STOCKS—
Jun
Sale Price
Range
of Prices
Low
Par
27% July
Week's
for Week
Shares
High
:5%
5%
25
1.55
1.75
705
60
60
10
•
lists
Sales
Range Since January 1
Low
High
5
Apr
5
25
31c, May
7% Jan
Canada
5
29%
30
1,248
29%
Apr
36 Va
Jan
Consolidated Paper Corp
*
13
13
13%
1,365
11% Mar
13%
Feb
Corrugated Paper Box preferred
100
12c
10C
21
21
*
21 Va
21%
28
19% Mar
100
30%
30%
25
30
July
96c
July
30c
30c
2,100
12c
12c
13c
4,000
1
M'nes
Kirkland Lake Gold Mining
see
Exchange-Curb Section
Friday
Jan
3.85
3.80
4.00
17,885
1
46 %c
42c 46 %c
2,880
20c
Apr
5
May
page
—
336.
Bud
Breweries,—.
July
29 %c
Jan
Langley's preferred
2.93 Mar
4.40
Jun
Ontario
Montreal
For footnotes
to July 24 both
29%
*
1
—
Kerr-Add'son Gold
18
_*
Nickel
International
v
27%
——*
Mining & Devel Co—__1
International
International
"
-•
Feb
52c
—--i..
Mines Ltd..
12VaC Jun
38c
*
425
,
Jan
11
2%
52c
1
—1
———
Lake—
Gold
Mar
1.35
Mines
July
20VjMay
880
8%
4c
Jan
4.15
July
Jan
July
' 38'Ac
Mines, Ltd———1
Gold
Ankerite
Jan
100
150%
X X 5.95 July
1,321
7%
4%c
Maple Leaf Milling common——,
'
■
X;X- 1.35
Products' Ltd——-*
Broulan Porcupine
Red
Malartic
6c
1,
15 Va
94c
-
Mar
4%c Mar
275
14%
:
Apr
76
134
1,000
21
9%
*•"•-15
•
Dev——;——*
&
8c
6.25
21
1,850
MacLeod-Cockshutt
Jan
Maralgo
2,900
8c
Traction-—.-———-—*
British
10c
6.10
6.10
x'x-xj
;4. 10
25
Jan
Massey-Harris
25
1
.
preferred
1.47
Feb
10
10c
1
5%c
1
—
July
12
Apr
3.15 May
8% July
80c
5%c
•;
6 %c
XX" 6
r
4%c
s
Mines, Ltd——-—,
2 Vac Mar
5'
25
20
Feb
40
25: :
8%
—
A—
Macassa
Jan
6
6
8%
—*
-
3
Jan
Juil
2,000
XX'
—————1--*''
Mines
V59 c
300
High
57c
July
6.75
Apr :
9%c
5 Vac
5c
.3.30
Mines—
class
188
268
,
9
-
1,000
3.25
B———
274%
135 136 Va
preferred——50
Corp.
60C
"100
100
135
Groc
Class
5VaC July
;■
3.25
Mines, Ltd_.
4 Vac
July
2,000
—1»
————
25c
July
■X""-11
—,
Bonetal Gold Mines Led
Brantford
XXX12:
6C
—100
100
Ltd-——
%
270
5
Mines Ltd
Bralorne
150 168
269
771
Ltd
50c
7,600
8.25
Long Lac
Loblaw
Jan
Madsen
5 VbC
,•
1
Beatty Bros 2nd preferred
Bell Telephone Co of Canada
,
Little
Jan
2.65
Apr
3c
1.10
150
———
55c
Apr
57c
8.00
Secord—
Gold
Levy Bros
16 %c Mar
Jun
1.75
X 5 v'h c
—*
1
Corp
34c
Laura
Low
50c
8.25
Mines
Leitch
Jan
July
Range Since January 1
High
1
1
—
Lapa Cadillac Gold
Jan
27
,7Vac Jun
3c
—100
Metals Mining
7
10c
Apr
3c
.
100
*
Nova Scotia-
Base
25c
May
21 Vs
1.05
'X
Bankfield Consolidated Mines Ltd—_1
Bank
100
..
May
4c
2400
40c
25c
4
20
8c
*
—1
Argus Interests," Ltd__
Ashley Gold Mining Corp
Aunor Gplcl Min.es Ltd
100
4c
27
;''
"
Anglo Canadian ,Oil Co
Anglo-Huronian Ltd -X-i.;-—
5
4c
25%
—
preferred—,$100
Gold
Low
Shares
Ltd—
—
Mines*
Lang & Sons Ltd——---
High
■
.
Shore
Lamaque
Range Since January 1
High
Dufault
Lake
Sales
Range
Sale Price
STOCKS-
of Prices
Par
Lake
for Week
Range
Sale Price
lists
Sales
Week's
Last
STOCKS—
40V2C
Apr
62c
Jan
Light Heat & Power
Silknit
Pend-Orielle
preferred
Mines
&
Metals
-'
*
1.60
1
5
"
1.00
96c X
1.03
1,700
1.55 July
50
20
5% July
3%
Jan
Mar
69
Apr
Feb
23
Jun
23%
Jan
35
Jun
1.75
Jan
-
THE COMMERCIAL & FINANCIAL CHRONICLE
336
Monday, July 27, 1942
a
OVER-THE-COUNTER MARKETS
Quotations for Friday July 24
-
•
-
Par
Insurance
Companies
New
Agriculture
Aetna
■-
26%
10%
Insur Co of North America—.10
63%
65
49'4
Homestead
—10
Life
27%
28%
61 %
64 Va
19%
21%
Knickerbocker
Amer Fidelity & Casualty
11%
33%
7%
8%
Metals
OilS
6
;
7Va
12 Va
American
10
Newark.—-—,2%
Re-Insurances—..10
41 Va
—10
8%
25
49%
,_10
33 %
35 V»
—2%
6%
Railroad
:
59
56-
Massachusetts
American of
7%
Home—
American
American
Reserve——:
American
Surety
Automobile
13 Va
Merch
9%
51%
2.25
67'
—100
502
Bankers & Shippers.-—
Boston
..10
——10
Carolina
10
27%
29%
Fire^.--—---10
39%
41%
Fire.——•——5
13%
14%
19%
New Brunswick——
2534
New Hampshire
_10
-15%
25 Va
5
Continental Casualty
2%
Eagle Fire.
Employers Re-Insurance
31 Va
%
•
39%
-10
27%
33%
1
42%
,—_-5
6%
36%
38%
York
20%
5
20
Fidelity & Deposit of Md_
Trust
10
53
92
95
Northeastern
—,
—-—12.50
83
National—i.25
Northwestern-
Indemnity
-10
——
1.83
1.47
—L. —.1
73.02
74.50
"!5%
6.62
•7.22
Shares- —1
2.96
Amer Shares—
Selected
Income
Reinsurance
41%
Revere
36%
8%
preferred——
5%
60%
Commercial National— *
Fifth Avenue—
—
&
Bbston
4%
Island—5
35%
: Par
Ask
14%
9%
10%
25%
23%
45
50
.12%
23
24%
.12%
10%
12
24%
145
153
Penn
Exchange--.
—10
12
15
570
Public National-
.17%
26%
28
100
1080
1110
.—100
135
140
-25
22%
24%
Sterling
New York Trust
National———.
210
393
403
S
12%
U
24
U S Firel——
27%
26%
Fidelity & Guaranty Co..2
11%
x42
4
Bid
Par
Bankers
Bronx
—35
—
County
44
Brooklyn
10%
13%,
100
54 %
58%'
Lawyers —:—-
288
u—10
35
37
—
86%
U S
43%
46%
Westchester Fire.
77%
75%
30%
31%
—
—
Colonial
>:
69%
71%
36%
38%
Morgan
37%
40
New
—
Chemical Bank & Trust
Clinton
—25
—i
Investing Companies
Bid
Par
5.59
1.77 *
12%
13%
American Business Shares—1
2.28
2.50
Foreign Investing.lOc
9.56
10.48
.
t
Group Securities—
Agricultural shares
Automobile
Aviation
—
4.30
2
1
1
Capital Inc—,
5.30
5.84
4.20
4.63
4.28
5.27
$1%%
6.01
6.61
Federal
3.26
3.60
5.40
5.94
3.76
4.15
4.36
4.80
3.88
4.28
1
2%
..
3%
5
preferred-
3Vs
4%
Fund
Boston
10
Petroleum
Inc..—-—
11.79
RR
2.65
5
Shares
Industry
12.68
Inc—5
Steel
19.71
1
10.17
shares—
2.35
shares..—
22.26
23.94
1
8.0.4
2.48
1830
1930
1——100
135
140
'
'
•
'
.^uu
.
..
1
3.10
26 Va
.1
1
AA.
Series
.
Accumulative
Series
AA
Series
3.54
28%
shares——2.12
Holding Corp..
Foundation
Common
_1
Fund
B shares— -.10
.100
preferred—
—
Institutional
Securities
Series
1.66
1.89
Series
11.17
10.19
„
i-
'
73c
0£c
16.11
14.13
Shares—
Series
4.05
15.28
0.90
1, 1943
100.28
100.28
100.26
100.30
'''
Stock
25c
4.60
89c
99c
1
14.97
15.91
___1
8.91
9.47
20.30
21.83
Fund
Financial
First
Fiscal
—-
■
14%
l%s
Jan.
3,
Trust
Fund, Inc_
Fund
21.47
stock
5
_10c
series—_10c
Fixed Trust Shares A__
Foundation Trust
Fundamental
Shares
Invest
-
Series
14.01
7.19
—
,
1
12.04
Conversion
108
110%
127
—-1961
108 %
109%
—1947
3s
Panama Canal 3s
129
Quotations For Recent Bond Issues
Bid
10214
102%
2%S 1952——
97%
Inc
•
97%
<R H)
Distillers
Penn
Electric
3%s
B
S-4__
Public Service Elec & Gas 3s 1972
3%s
1972
101%
3%s, 1956—
102%
104
104%
105%
—
Southern Natural Gas
103%
-105 3/4
106
Pipe Line
"
—
Wisconsin Pwr & Lgt 3%a» 1971
Quotations For U. S. Treasury Notes
•
Figures after decimal point represent one or.
Maturity—
7,89
13.17
9.92
Dec
10.95
10.65
15,
Sep
15,
tMar 15,
—
1942———
1943
7.84
JUn
15,
1943.—
2.68
Sep
15,
15,
1943.
1943.-1944
69.87
28.52
Mar 15,
71.30
29.10
Jun
15,
1944.^
15,
—
-
1944—
—
2
%
1%%
%%
lVa%
1 < %
1%%
1
%
%%
1 %
Common
10c
Maryland Fund Inc
_
Investors
Trust
Investors
2d
1.25
1.47
4.57
6.57
10c
3.25
1.65
2.34
2.72
2.70
2
13.84
3.90
16.25
Mutual
Invest
Fund
1
15.11
___1
7.24
7.25
7.92
Inc
3.43
4.17
3.15
(Colo)
(Md)
series B shares
voting shares
..
■
_*
,
3.68
3.97
100.27 100.29
100.14 100.16
:
101.2
101.6
Rates quoted
National
25c
90c
_l
4.35
July 29, 1942——
Aug
5, 1942
Aug 12. 1942
Aug. 19, 1942
Aug. 26, 1942.
1.00
4.70
Security Series—
series
Income
5.88
6.15
3.33
series
100,4
100.19
99.12
100.6
99,22
99.24
99.7
99.9
b0.42
0.40
b0.61
0.59
b0.37
b0.37
b0.37
b0.37
Feb. 1, 1943——,—
.
0.30C
.
5.09
5.22
5.78
England
Fund
__l
purchase
Ask
Sept. 9,
1942
—
—
b0.33
b0.33
b0.33
b0.33
0.20C
Sept.
16,
0.25 C
Sept.
17,
0.25C
Sept. 30,
0.25C
Ot.
7,
1942
b0.34
b0.36
—
2, 1942^.—
Sept.
for discount at
Ask
0.27%
Oct.
14,
1942
0.28%
Oct.
21,
1942
1942
1942—.
—
—_
9.32
10.05
*No
sCash
bonds
1942
—
par
value,
a
Odd
lot
sales.'
b Yield
price,
ri Deferred
delivery,
0.32%
0.337;
0.34%
0.34%
b0.37
0.34%
r Canadian
sale—not included in range for year,
x Ex-dividend,
y Ex-rights,
tin
subject to all Federal taxes.
AQuotations not furnished by sponsor,or
are
b0.37
0.32%
b0.37
3.69
4.62
Preferred stock series
New
are
Treasury bills—.
2.50
Low priced bond series
25.75
100.22 100.24
100.31 101.1
Bid
Securities—-
3.15
23.95
100.18
100,20
100.3
100.6
100.21 100.23
Ask
Bid
100.17
99.10
United States Treasury Bills
7.78
10
—
Fund
National Investors Corp
15.17
more.32ds of a point
Maturity—
'
Int. Rate
Mar 15, 1945——
%%
tMar 15, 1946
1
%
$Dec 15, 1946.——
1%%
Nat. Defense Notes—
; $Sep 15,
1944
—
%#r
$Dec 15, 1945
%%
Certificates of Indebtedness—
f%s Nov 1, 1942
—
Ask J
100.10
7.23
5.09
1.35
Bid
100.8
Manhattan Bond Fund Inc—
Mass
A...1
•
Int. Rate
*
1942
2.40
—
Mass
6.76
Capital Corp
*
General Investors
Trust"!HIII
■)
107%
105%
Ask
Public Service of Indiana
99 %
99%
1949—
1972—
3%s,
7.12
S-3_——
15%
10
-Fundamental Trust Shares A„2
General
Bid-
Ask
Cent 111 Pub Serv 3%s, 1971-—
•
v
Issues
3s——1946
15.41
■
9/33
Loomis Sayles Mut Fund.—.
*
Loomis Sayles Sec Fund
10
Bond
*
U S
1943 at 100%—
23.56
S-2
Nation-Wide
stock series
Insurance
U S Conversion
1944—
Call Jan. 3,
28.65
__
__
13.88
Fund Inc—
Bank
—
12.90
Inc
Industrial
Mutual
100.2
101
0.80
Other
1942 at 100%-
Dec
Equitable Invest Corp (Mass) .5
Equity Corp $3 conv pfd—
1
Fidelity
100.13
100
-.May 16. 1943
Sep
Fund—;
Fund
Housing Authority—
1%% notes—Feb
1,1944
101
100.24
100.11
100.29
—
S
8.21
K-2__
Series
Howard—
&
0.70
1, 1943
Call Nov. 16,
2.65
2.50
....
Balance
0.80
——July 15, 1943 "
Apr 15, 1944
100.6
17.51
g.03
—„_
K-l
1
-
Eaton
tl%
100.4
15, 1942
1.09
99c
,
1
—;
•
B-4
Series
Diversified Trustee Shares—
r
%\Va%
U
0.55
1, 1942
2s
Natl
Ltd-*-
_
B-2
24%
1
Dividend
100.3
0.65
13.35
,
B-l
Series
%;
3.36
Delaware Fund
D
100.1
1, 1942
Ask
Bid
Banks—
Dec
1.23
12.42
26.13
Investors Fund C
Series
_
1035
Finance Corp—
t%%——Oct
Natl Mtge Assn—
Federal
Macy
:111%
A Common
C
82
995
10c
5c
—10c •>-' 1,18
——
Series' B-3—.
Cumulative Trust Shares
.
—100
—.100
—
Inc
Incorporated Investors—.—5
Independence Trust Shares—*
24
22
117
7%..
2%
18
1.98
common. ..10
A
2%
2.35
Insurance Group shares.
Investment Co of America—.10
1.SI8
1"
A 8%
.100
preferred.
""Crum &' Forster Insurahce;
—
States-"———
Reconstruction
——Feb
—
Keystone Custodian Funds-
.
United
100.6
Loan
2s
3.46
Aviation Group shares...
Bank Group shares
1.65
1
mod
V^ACrum & Forster
66%
15%
—10
Ask
100.4
-Sep
t%s
3.91
3.13
shares
3.32
1.65
.1
series..
mod—
ACC
Trust.—112
Underwriters
165 ;
:
-Apr
t%s
1
2.89
Income
1.73
.1
.'Corporate' Trust Shares-
*,
64%
—25
40%
37%
Feb 15, 1945
-
Home
J%s
2.74
2.61
—\
shares——
Utility
8.70
'/Christiana Securities com—100
—;
York.——
2.95
*
Century Shares Trust—
Chemical Fund—
Preferred
/
....
AHuron
1
Ltd.
Fund
Inv
Canadian
—
169
11.15
Ltd.—
Fund
Bullock
18.23
—
!
Equipment shares
Tobacco
Broad Street Invest Co
—
Mining shares
Railroad
Basic
shares
Merchandise shares—
Nat Investing—
A Common
A6%
bond
54
159
Trade Bank & Trust
Bid
Equipment.—.—
shares
33%
52
—100
Title Guarantee &
150
31%
—--20
11%
1, 1943
.—May
3/4 %
shares.——.
Food
.—20
•*
& Co
■—
(J P)'
32
Commodity Credit Corp—
Electrical
9.83
General
Bankers
.
Chemical
4%
4
10.77
9.54
"
100
3.76
shares—
26
Obligations Of Governmental Agencies:
4.74
3.41
Building shares
1125
23
Ask
—_
shares
1075
—25
9
7%
——50
...
—ii.
—
6.08
1.94
Bid
Par
Ask
/ ...Aeronautical Securities
1
I . Affiliated Fund Inc.—U%
AAmerex Holding Corp..
10
—..4.-
Fulton
10%
,-100
10%
Exchange Bank & Trust_20
Empire
;
226
9%
——-
31
10
Continental Bank & Trust
Corn
Preferred
20
.-10
—.—50
Central Hanover.
Ask
221
—10
common—.
Manufacturers
.10
2.50
Guarantee
83%
.—100
Guaranty —
Irving
Kings County—
278
—
Bid
Par
Ask
-—100
Bank of New York-
22%
Companies
3%
180
26%
10
Stand Oil Shares
*
540
52
2%
100
Assurance
—10
Assoc
Ask
—50
City
National Safety—
115 %
50
—iw—i—100
Sun Life
Boiler
Aviation
Bid
National Bronx—.
National
37%
111%
10
Fire.———
Axe-Hough ton Fund Inc
10%
46%
10
Steam
American
50c
8%
—10
252
44%
Surety————.—10
Hartford
..
35c
•
Corp
100
Y._
Merchants
5%
244
Paul Fire & Marine—__62%
Hartford
TO'i
/
;
——1
Co—
-100
First National of N
10
_i.———
Bid
42
13.55
21%
22%
_10
Halifax:
National
Chase
6%
5%
Travelers
Hanover
1
Corporations
ABlair
A First
13%
—66%
64%
5
American
Great
Par
_10
Co
20%
7%
2
Indemnity
Manhattan
20%
.5
Great Amer
of
(NY)——.2
Corp
25
2d
Investment Banking
85%
Republic
(Texas)———10
(Paul) Fire
10
9%
15
15
Globe & Rutgers Fire com
13.40
2.75
:
38%
5
1.04
12.14
New York Bank Slocks
39%
Bank of Yorktown—
39%
—5
Falls Fire
2.43
—
Bank
Seaboard
Glens
—
Wellington Fund——— —I
22%
Globe & Republic
5.48
11.36
14%
St
5,01
10%
B
'5.00
31%
Rhode
C———.
U S El Lt & Pwr Shares A_„
34c
4.20
12%
5
15%
16.10
Series
29c
10 >4
14%
67c"
59c
14.73
•
10.62
29%
26%
20%
32c
Industry Shares- 25c
Union Bond Fund series B~
.j-l
Providence-Washington *-—-10
9%
Marine——10
&
Fire
Gibraltar
-10c
25c
B—
Trusteed
1.87
Series 1956——— —1
94%
37%
82%
i
10
Co
—
24%
Georgia Home———;——10
4.13
124
,
90%
Fire.i—*——25
Pacific
Phoenix
5
General Reinsurance Corp
3.95
—1
„_
87%
V2
118
Northern
5
Fire
Franklin
__1
—1
—
ASeries B__——
*
-:-l.
55
:_25
Fr
Newark
of
Firemen's
San
*
.''Class
1.54
—
Preferred Accident.———5
of
Fd
Fireman's
ASeries A.
shares
1953—
:
Assn of Phila
Fire
120
115
1.56
Shares—
4%
Pacific
J
Oil
1.64
—1
Trusteed Amer Bank Shs—
Quarterly. Inc Shares—— -10c
Republic Invest Fund— —1
Scudder, Stevens & Clark
Fund, Inc—.—
22%
3%
—1
:
'
Selected
River____—__ .——-2.50
North
D
Trustee Stand
37%
7%
—10
—
Federal
Amer
ctfs.
21%
13%
10
Bond Trust
Amer
Plymouth Fund Inc
Putnam (Geo) Fund
153%
20%
C
A Series
.
Series 1958—--
7%
148%
17%
New
6%
2
1.77
5.21
—
fSeries 1955—
>
A Series
4.66
4.72
60,51
55.88
Trustee Stand Invest Shs—
3.38
4.22
North
55%
Fire—^ao
Union
23%
Connecticut General Life.
Excess
New
53%
Amsterdam Casualty.—.2
National
.10
———
New York—
City of
70
527
—5
Fire.-———
Camden
•
3.05
No
22%
;
7.33
Railroad equipment--
Series
21%
Casualty—
National Fire
National Liberty.
Baltimore American—;
7
6
Y—•—.4
Mfrs Fire N
&
National
45%
42%
Merchant Fire Assur—_5
43%
*
6.66
-
11c
9c
Investment Corp^
Corp of Amer AA___ —1
6.15
Steel
2
1%
Casualty—
—_1
B0nding.-__.i2V2
Maryland
L
6.35
5.58
—
9.23
5.95
Ask
5.36
11.63
,50c
St
Super
6.03
8.39
Standard Utilities Inc
State
7.40
5.47
stock——
Machinery
3%
3
—.5
—
4.87
6.72
equipment
Insurance
18%
10%
5
5
Equitable
'American
16%
31%
5
:
Lincoln Fire
Chemical
6.78
4.41
'Building supply.
8.48
6.16
Bid
4.82
10,93
4.26
7.71
—
stock—.
Electrical
20
Jersey Insurance of N Y
.10
Alliance.
American
Fire——
.25
Agricultural
Bank
11%
126'/a
4714
Par
-It- —1
Sovereign Investors
6.86
3.86
—
Aviation
27%
10
122%
—10
—
Aetna
—__—————_5
Home'
—10
Casual & Surety
Aetna
Ask
6.23
Automobile
Ask
Bid
Par
Ask
Bid
Par
Bid
fork Stocks Inc—
default.
issuer.
market.
JThese
w
THE COMMERCIAL &
'Number 4093
Volume 156
Canadian Vickers Ltd.—Interest
(Continued from page 308)
Boise of
of
either
debt
at
debt
above
the
in
Indebtedness
a
no
the
for
reason
is
results
the
in
refunding
Aug.
the extension of the maturity of the
for necessary improvements will
of its business. <• Also,
testimony in the record indicates that Kellogg, already in the General
system, can be operated more economically as a subsidiary of Boise
than
as
a
subsidiary of General.
Since Boise and Kellogg are not
in the efficient operation
materially assist Boise
"A"
due
1,
6%>
that
on
of
payment.
funds,
Similar
mencing Aug,
ing
1,
plus
amounts
until
1942
1941
1940
$1,483,357
$1,431,691
$1,410,352
940,044
965,493
884,747
897,586
25,908
22,899
22,830
28,634
&
exc.
Net
profit
—
—
interest
($641,025
$485,320
.
180,191
arrears
on
and
arrears
additional
be
profits subject to exchange restrictions in amount of
$41,381 in 1941.—V. 155, p. 2273.
v
■
in
V
.'j—
$9,715
Net
output
system
the
for
Institute
this
of
ended
week
kwh.,
7.1%.
of
the
For
18,
reported
1942,
Edison
to
income
General
"
"•
;
.'v
;'v
Mills—To Pay
Bourne
have declared
directors
for
the
$120,476
$112,925
$107,050
16,000
16,014
16,929
17,144
20,933
8,451
:
;
.
Interest'
$80,158
$68,795
65,100
65,100
$171,327
$159,175
for
income
Total
for
taves.
22,180
>
Bank
Dividends
»
period.! *
for
inc.
$132,635
32,002
paid
$144,660
123,257
138,476
•
•
Surplus
def$899
J
•
$127,173
$6,184 K {>'
June
$1,706
Spec,
Invest in
U. S.
Investment,
Received
at
•22,495
70,934
In
{.
(50,000
-
Due
for
12,106
repur.
for retirement-
taxes,
etc
expenses,
securities
for
stock
Common
(Investments, based
•Interest only.
•;
8,245
v.
on
2273.
V\'v'/
$35,570
7,495
taxes,
directors
the
common
July
the
have
stock,
declared
no
value,
par
and Dec.
1
27, 50
May
cents
1
made on
each.—V.
cents
25
payable Aug.
22.
A similar/distribution was
following dividends were paid:
Nov.
of
par)—
to
to
May
25
1,
155, p.
holders
cents;
and
profit
for
Provis.
1942—3 Mos.—1941
income
and
.
profits taxes—
excess
!
2.400
3,017,307
shares
143,405
as
at
June
value
in
the
operations
instance,
every
of
30,
$1
profit
$5,333,812
1941,
Aug.
"Investments,
in
or
the
of
cost).—V.
the
corporation,
155, p.
based
on
.
such
amounted
Note—In
charges
including
interest
and
of
1942
establishing
the
included in
p.
in
tons
2,392,235
32,305
596,952
503,03,3
42,348
41,926
426,021
485,5
39,250
37,750
462,000
468,5i
2,998
2,909
37,431
34,936
$50,201
$48,185
$857,077
$914,783
35
108
10,106
17,937
$50,236
$48,293
$867,183
1——
v
res.
appro.
•
—
revenues
(net)____
1,227
963
13,514
$932,72'0i
227.500!
9,65jG
$30,051
$28,372
$626,169
$695,570
bonds...
applicable
18.958
18,958
to
preferred
stocks
227,500
.
108,054
108,054
....
$587,516!
$518,115
provisions
and
$91,498
amounts
v
for
for
Federal
the
12
required
taxes
months
under
-
$20,162
ended
the
.
of
June
Revenue
30,
Act
V /■
-
■:
the
for
additional
1942,
of
4,825
these
v-V'
adds:
at the
immediate
work
recovery
recover,
tons
slag
-
for
Provis.
$2,438,028
-
the
$5
16,
at
declared
but
furnaces.
is
East
of
ship
Reclaimed
satisfactory
scrap
being
and
prepare
dumps.—V.
extra
an
A
like
to
and
regular
25
156,
1942,
the
distribution
income
payment
a
rate
of
of
full
one
quarterly dividend pf $1:25 per
payable Sept. 1 to holders of record
made on June 1, last, while on
$10 per share was made in common
share
of
stock
common
plus $12.50 per share in
cash.—V.
for
each
155, p.
Net
taxes__
2,158,900
profit
W-'-
was
Feb.
of
25
share.
Dec.
Total
1941
$71,133
Page 351—-
1940
1939
$72,146
$85,219
2,488
1,800
1,936
$73,072
$74,634
$87,019
$83,402
13,829
15,212
16,299
21,821
4,108
4,128
5,245
6,677
3,386
3,620
6,025
See"
,,
See *
See *
6,94£
1,250
;
:
1,939
Gen.
is
income
&
Taxes
admim
other
taxes
on
Int.
notes
for
exps.___1 ?
than
/
"
■
$81,467
Fed.
income_>_^
on
on
Prov.
to
scrap
,
-
r
payable__
Fed.
t
inc. taxes
•
required
the basis of
4-
flat
a
Net income for
.
"No
war
1942
.
Interest
use
were
provision
period
has
$51,749
been
reason
that
income
tax purposes on
made
$51,674
for
Federal
$59,450
taxes
on
the
losses
realized
the
on
sale
of
investments
share
.
Net
quarterly
payable
10,
charges
of
Sheet
$2,198,573
3,878,200
1,493,700
$467,860
on
dividend
10
May
to
9,
of
25
(941
1942
.Cash
'
but
before
provision
for
;
Note—In establishing the reserve for taxes for the first six months
of 1942, $500,000 have ^been included in excess of requirements of the
Revenue Act of 1941.—V. 155, p. 2453.
*
! y
•
•; %
,'
;
\\
for
12
Months
last.
$12,078!
4,179,341
$4,193,825'
"
'
Prepaid expenses & deferred
Common
From
charges__._
'•2.406.
extra
an
payment
of
sales,
oper.
'
1942—6 Mos.—1941
June
(less misc.
etc.
inc.)
915,736
915,736
Drl,481,034 Drl,481,034,
1,804,036
net
1,762,330
521,418
465,559
income
.w—
Central Indiana Gas Co.—See Page 351Central Maine
1941
85,877,381
$4,189,500
$4,193,825
"Represented by 200,000 in 1942 and 205,660 in 1941 no par shares.;
(Represented by 606,034 shares of common stock in treasury, at cost-,
(From dividends and interest.—V. 155, p. 305.
80
1942
exps.,
pari
stock
surplus
(Undistributed
75
$470,006
4,633'
2,056,600
2180.
p.
Ended
($1
4,345
2,000,000
$425,000
stock
preferred
stock
(Treasury
Capital
—$107,172,940 $89,411,710
before
Depreciation
interest
depreciation,. amortization,
*70,815,887
Power
Period End. June 30—
Operating
Co.—Earnings—
1942—Month—1941
1942- 12 Mos.—1941
$735,592
$696,705
149,475
141,700
7,818
16,911
35,809
49.333
525, 949
78,090
54,911
882, 604
750,222
72,837
revenues
67,975
824, 691
773,912
Operation
paid
taxes
y-L—-
3,954,652
——96,573
earned
Interest
$21,295,559 $18,595,824
amortization—....
and
Purchased
in-
Federal .taxes—
and
2,787,617
190,659
83,269
(incl.
excess
7,287,439
$5,954,596
,
Balance
directors
The
July 21
declared
a
dividend of
15
cents
per
share
A similar distribution was made on March 5 and June 5, last,
July 31.
which
on
capital stock, no par value, payable Sept. 5 to holders of record
the
compares
with 25 cents paid on Dec. 5, 1941, and
155, p. 1595.
15
cents
in
each of the three preceding quarters.—V,
The
have
directors
per
declared
the
$9,224, 272
$8,237,023
124
1,548,180
113,500
2,262,
regular quarterly dividend of 37 y2
share on the preferred stock, payable Sept. 1 to holders of
but took no action on the common dividend ordinarily,
about
dividend of
Accounts
Notes
Notes
Gross
—V.
revenues
$7,821,000
...
$5,544,000
Ry.—Earnings—
Week Ended July 14—
—V.
1942
156, p.
159.
'
.
'
■•
1941
$4,838,000
earnings,.;.
$61,925,824
——___
$5,582,734
$4,063,767
5,105,000
for
2,107,792
,
Federal
Preferred
stock
(Common
stock
Capital
not
taxes—:
yet
presented
6,344,795
for redempt.
surplus
surplus
21,364
9,411,200
...
....
$4,167,000
$289,019
$3,351, 896
~$3,99R,725
2,005
1,914
52 795
35,099
$283,965
113,038
$290,933
$3,404, 691
$4,033,824
110,260
1,341, 362
1,336,849
2,620
Cr4,067
Crl6, 018
__._i.___
(net)
of
9,411,200
58, 655
50,226
'
Cr 13,866
D.
E.
407,352
deductions
12,900
11,679
167,279
178,955
$155,407
$173,061
$2,124,534
$112,265
$112,265
$1,912,068
$1,347,181
_____
income
to
requirements-
the
1942
year
surtaxes/
June,
1942,
ended May
31,
has
Twelve
been
months
$102,007
of
1942,
to
to
date
bring
&
$1,334,682
income tax for periods applica¬
computed
at
40%
a
includes
the
an
accrual
for
the basis of this rate.—V.
to
Central Power
rate
for
normal
adjustment made
the five months
156,
p.
76.
Light Co.—See Page 352—
Central & South West Utilities Co.—Rehearing
.
Denied
The SEC on July 7 issued an opinion denving a rehearing of the
petition of Middle West Corp., Central & South West Utilities Co. and
American
13,733,577
—
—
$281,960
"The estimated provision for Federal
and
1,804^534
—11,164,188
Reserve
349,654,
amort,
of
Pfdrdiv.
3,000,000
payroll and expenses..
159,719
891, 623
income
interest
Net
4,000,000
13,733,577
1942,
24,736,703
22,546,587
of
Public Serv. Co.
The
the
order,
Public
with respect to
an
SEC order entered June 4,
issued pursuant to Sections 7, 11 (b) (2), and 11 (e)!
Holding Company Act of 1935 and based on the
Utility
SEC
$74,841,194 $61,925,824
reserve
for
depreciation of $16,876,841 in 1942 and $15,122,198
no par shares.—V. 155, p. 1916.
(Represented by 1,882,240
findings and opinion issued
to
plan of merger with respect to Central and American, and directed
a
that
nated
the
corporate
and
Catalin Corp. of America—Dividend Deferred—Earns.
of
the
contSihued
capital expenditures, the
directors have decided that the payment of the mid-year dividend be
deferred.
On Dec. 15, last, a distribution of 15 cents per share was
made, as compared with 10 cents on June 16, 1941, 15 cents on Dec. 15,
1940, and 10 cents on July 10, 1940.
necessity
of
elass
in
of
existence
on
June
4,
1942,
of either Central
or
denied effectiveness
American
be
termi¬
that the present
capitalization of Central and American be
single capitalization in one company consisting of a single
stock, namely, common stock in an appropriate manner not
changed to
Because
Trpffic
134,385
1941
156, p. 249.
Canadian Pacific
21,717,587
25,002
payable-to banks—
240, 236
59,460
income
&
Other
1
in
Accrued
12,684
income
interest
D.
•
payable
16,243
88,484
23,470,309
payable to banks (current)__„_„._____._
in 1941.
1942
36,351,327
$74,841,194
Liabilities—
"After
National Ry.—Earnings—
July 14—
8,017,567
22,539,830
—
Total
Bufaflo, Niagara Electric Corp.—See Page 351—
Ended
taxes, etc.
4,712
tax
inc.
operating
Accel,
!
492,885
4,876
than
income
Gross
$8,585,976
1
—.
Prepaid insurance,
Buffalo, Niagara & Eastern Power Corp.—See Page 351
Canadian
10,876,308
reserves
Patents, trademarks and goodwill
"Land, buildings, equipment, etc
Earned
Week
less
receivable,
Totkl
the same time.
15 cents per share was made on the common stock on
June 1, last, as against a dividend of 15 cents and a special of 15
cents paid on March 2,
Distributions of 15 cents each were also made
on March 3, Sept. 1, Dec.
1 and Dec. 18, last year.—V. 156, p. 159.
A
accounts
Net
186, 494
.
tax^i.
.
Non-oper.
ble
Aug. 5,
payable
and
Inventories'
•
record
%
Other
.1941
$5,048,635
Butler Brothers—Omits Common Dividend—
cents
taxes
Fed., oth.
Bond
Sheet, June 30
%
depreciation
State & municipal taxes
Social sec.—Fed. & state
.
Notes
for
i
$8,628,143
Note—Federal Income tax and excess proits taxes have been com¬
puted in accordance with the original U. S. Treasury Department pro¬
posal for 1942, which reflects the highest probable tax liability.
1942
on
Prov.
"Federal
profit carried to surplus——
power..
Maintenance
83,284
11,399,616
profits tax)
,
Burroughs Adding Machine Co.—15-Cent Dividend—
,
;
$56,078
4,r30,673
' 2,749
:
Investments
"Convertible
of
holders
$704,873
taxes.
,
30
June
y:: %£%;
"4:
payable, banks
Accrued taxes, other than Federal.
the company paid each
share and an extra divi¬
1942—3 Mos.—1941
—
terest
1942—6 MOS.—1941
736,800
depreciation
including
and excess profits
thlej
.determined for;
..
Balance
Notes
1942,
per
In addition,
1941.—V. 155,
15,
Aug.
disbursed
cents
fy'.,
sales
Net
all
"After
income
for
the basis of the original cost, exceed net income
■
dividend of five cents per
$46,713
income
period.
•
$29,931,115 $26,533,621 $56,173,222 $50,958,269
1,341,651
1,886,268
2,468,653
'4,298,540
—
■■
Profit
$347,600
k,
$279,128
of
Central-Illinois Securities Corp.—Earnings—
6 Mos. End. June 30—
Income—dividends
Side,
carried
the
scrap
for
76.
p.
regular
amount
sales
Net
Cost
and
profit
$10
1673.
*
art
Caterpillar Tractor Co.—Earnings—
Net
Federal
profits
excess
•
*
was
Assets—
stock,
including
per
on
the
common
dividend
cents
made
was
declared
the
Period Ended June 30—
v
before
of the requirements of
$4,346,060
!:
the usual
preferred stock,
similar
A
Total
$1,307,472
2453.
$1,084,400
•
$4,189,500
cn
31.
1940,
a
of
cents
have
share
July
10,
dend
Budd Wheel Co.—Earnings•Profit
'
m
v.c'..
;
Gascola,
to
Castle & Co.—Regular Dividend—
directors
per
record
Aug.
2,594,400
1942—3 Mos.—1941
155,
1941.—V.
,\
.V-"'
■
Period Ended June 30—-
current
Central Illinois Electric & Gas Co.—See Page 351—
annually,. according
progress
scrap
who
hearth
open
Earnings
excess
$4,799,053
2,841,480
,65,444
153, p. 544.'
(A. M.)
The
for taxes for the first six months
reserve
$1,000,000 has been
the Revenue Act of 1941.—V_ 155,
1942—42 Mos.—^-194|
Central Hudson Gas & Electric Corp.—See
;;
$3,901,872
depreciation
J.
.
Earnings—
$5,220,961
dividends,
to
addition
V.-cents
provision for income and excess profits taxes.
;
Co.
,
on
stock
on
1672-.'";,.(;.^.
specification standards and is paid for on
ton.
*
v
:y.; :'■£
per
1941.—V.
.
$1,196,235
genertti
its
201,802
mtge.
14.
thereof,
absence
to the regular semi-annual dividend1 of 65 cents per share
the common stock, both payable Aug. 1 to holders of record July 16%
Like amounts were disbursed on Feb. 1, last/ and on Feb. 1 and Aug. 1,-
1,
7,652,000
$667,566
Power
1942—Month—1941
income
Aug,
,
$651,215
all
"After
of
$364,877
The directors have
3,095,383
$5,179,583
par.
1942,
opinion
are
the
contractors
June
in
;
Net
removal
the
Central Foundry Co.—Regular Preferred Dividend—
to help relieve the acute scrap shortage faced by indusfurnace and open hearth slag dumps in the Pittsburgh
this corporation, a • United States Steel Corp. subsidiary,'
searched for cast-off metals that are being salvaged for
from
on
$8,848,235
1,488,900
4,093,000
1';
20
on
1942—6 Mos.—1941
$2,156,466
$4,744,215
—
1941
234,995
Carolina Insurance Co.—Extra Distribution—
V
(Edward G.) Budd Mfg. Co.—Earnings—
Period Ended June 30—
10,
St., Chicago, 111,—V. 156, p. 250.
interest
the
143,405
2,400
_
(or $981,600 less than
outside
quarter
•Net
May
July
on
Light &
income
on
March
During
record
In
1672.
on
Liabilities—
of
last.
1,
U
'
$435,236
income
2454.
p.
434,000
143,405
The directors have declared
155,
share
per
announced
for
,;%% ;;C
dividend
a
Reduced—
___
oper.
month
Buckeye Steel Castings Co.—25-Cent Dividend—
The
$166,8
income
Federal
2180.
_._
"Includes
1
rate
$6,749,000
,
1J
limited-term
Balance
60,800
.
—'—-
recovered
market quotations as at June
30, 1942, amounted to $4,013,421, or $1,190,049 less than cost.—V.
p.
(lc
fair
of
meet
5,258,3u2
—C—$5,529,763
Total
)
vl941
revenues
of
Net
1,362,790
4,227,242
for
hav^
we
.
move
a
In
to
46,713
,1,22(1535
Surplus
•
purchased—26,457
by
quotations
being
by
-
.2,016
•
purchased
.L——
$35,003
T
_
tion.
$70,934
6,732
(par $5)
$5,333,812
Lu
Carnegie-Illinois
capital stock
provision
any
p.
disbursed
taxes
Gross
Int.
and Brown slag dumps in the
Monongahela Valley
district, and. also at Vandergrift, Youngstown, Farrell and Mingo Junc¬
$6,749,000
$63,149
for
Reserve
Due
$5,529,763
__————_!___
—
210,000
cash——
Risher
466
vr
Liabilities—
Dividends payable
against
production at a rate of 50,000
official announcement which further
•
Total—-r——
4,529,639
"475,024
_.j__
loaned
expenses,
Reclaiming
6,334449
5,153,470
issued!——
(not
"4,3lT596
'
securities—
J
blast
are
69,490
sold
Govt,
war
sold—
for capital stock
Other
15,558
'
'
cost.!..—
costi;--'—_'l—'Cw-
securities
for
Received
Govt, securities
at
-21,006
Division,
i
expenses
Dividends
—
District
$251,467
'
also
was
investments
1,600,000
then
try,
1941
-
63,149
receivable.!;:..'.i-~
dividends^-—--.-11-——
deps, for
Net
16,367
Amort,
Carnegie-Illinois Steel Corp.—Scrap Salvage—
"
1942
•
35,570
1,450,000
$3,805,020
% def$6,982
$242,138
Interest
Dividends and
35,003
•'
108,539
30
;.V
S.
(Represented
-
Sheet
Assets—K
.
17,311
sold,,—
—
market
-
i-Balance
f.
$524,925
share
,
$101,557
125,467; :
materials necessary
raw
Polystyrene
par
Arizona
retire
17,655
'
31,078
.
our
declared
no
120 So. La Salle
taxes'
Prop,
1941
receivable,-—
cost___^^,^__,,,—^
U.
stock
Surplus •'
132,167
$159,175
$122,358
June,30
etc..!..!10,211
stock—434,000
for
B
their
Net
Other
loans 7.
Class
26,667
>
at
in
securities
Preferred
$171,327
$144,538
&
exps.
have
corporation
"Federal
1942
securities
payable
for securities
Due
1939
V
beeil
61V.
1942
to
155,
Period End. June 30—
def$l,468
—$5,179,583
Total
General
$3,695
cents
Operating
Operating
Liabilities—
$468
139,652
J
$15,058
'■/,
(Class A stock
1940
effect
stock,
Central
$63,632
65,100
Dividends
V. Due
'
$4,885
—
income
'V',
Investment
cO
1941
1942
Dividend
June
The
6,060
65,100
Special deposits for dividends—,1
Reserve
6 Months Ended
7.182
12'/a
offices to
12.906
■,
^
7.174
$78,124
»
and ' dividends
Received
capital stock, payable Aug. 1 to holders of record July 20.
This com¬
with $1 per share paid on Feb. 1 and May 1, last, and on
Sept, 27 and Dec. 19, 1941; 60 cents each on May 1 and Aug. 1, 1941,
and 50 cents on Feb. 1, 1941.—V. 155, p. 360,
Account
in
to
General Offices Moved—
7
Cash
interest
pares
Income
directors
common
$340,306
as
the
tj
placed .upon the
sold
$111,901
giving
profit taxes.—V.
Other
-
hand
'/'
amounted
June
profitable basis."
a
on
has
Cash
material
16.000
Total
Broad Street Investing Corp.—Earnings—
$120,000.
'
an
on
at
phenolic
a dividend
of 12Va cents per sh$re on!
value, payable Aug. 8 to holders of jecorbj
Aug. 3.
This conipares with 25 cents per share paid on Jan. 31 and
May 7, last, and on Feb. 4, May 1, Aug. 1 and Oct. 31, 1941. An extra;
the
1939
$9,395
$13,024
Investment
cents per share
dividend of 75
"Without
The
1940
97,655
period
dividends
Assets—
75-Cent Dividend—
a
operating on
excess
-Earnings-
5,405
Preferred
-::%r
V-
stands
250.
p.
$9,194
■
fee 'Vi—■■
Net inc.
V
week ended July 11, 1942, output was 27,821,000
of 4.6%
over
the corresponding week last year.;
increase
an
date
$163,870.69.
Six Months Ended June 30—
V
103,730
.
Balance. Sheet
1941,
'
this
was
"In spite of the restrictions
the
production of Loalin
com¬
$6,829
Taxes.
1942
kwh.,
19,
of
1942,
proportion
of
total
and for the" month of
"'Net. earnings
stated.
$114,969
—
expense
Service
Electric
28,308,000
was
30,
fall
as
for
been
of
Total
preceding
—v..156, p. 2453.
The
July
as
kwh. for the week ended July
compared with "26,439,000
increase
company/
June
"Defense
Thaile, July 21, stated in part: "Loan of $150,00
is now being reduced at the rate of $10,00
last
and
increasing
,
$180,317, includ¬
113,647
105,254
X'|:V/*
"
of
as
for
month,
per
1939
14,511
-
.
Surplus.
Boston Edison Co.—Output Up 7.1%—
to
1941
and
i
156,
date,
coupon
was
will amount
1942
Interest
$717,284
$51,513
two
defaulted August,
paid on each
eliminated, it
are
1942
in
the
on
exchange.-—V.
Dividends
151,667
$681,726
.
Interest
and $74,000 in 1941, provision for esti¬
taxes; under pending legislation.
(Includes foreign
$110,000
(Includes
mated
1301,569
1428,816
taxes, etc.
pro.
•
of
Celotex Corp.—Dividend
1939
$1,442,613
on
interest
will
6 Mos. End. June 30
■
sales—
profit
next
mortgage bonds.
One payment
the second covers coupon due
Total payment on each interest date
Subs.)—Earnings-
6 Mos. Ended June 30—
1
and
Capital Administration Co., Ltd.
Operating profit —_r,
Deprec. and depletion.
Federal and foreign inc.
Gross
first
date
Aug.
on
an
the provision
Bon Ami Co. (&
payment
19.3.9," payment of
terms
equivalent of U. S.
utilities or holding companies within the meaning of the Act,
of Section 10 (c) (2) are inapplicable.—V. 155, p. 1672.'
'
public
series
coupon
President William
Payment—
contracted
authorized
which was postponed for three years under
agreement, between the company and the bondholders
reached at a meeting held Aug. 2,
1940.
As the issue is payable in Canadian or U. S.
funds, total amount of
payment on each $1,000 bond will be $71.94.
This is the Canadian
the
such
of
the
on
the
on
have
337
,
funds
of
directors
coupons
making
of the Act with respect
The retirement of Boise's bonded
which
in
rate,
provision
record
The
(b) or 10'(c)
acquisitions.
interest
the
in
in
observe
transaction
a
lower
and
is
under Section 10
adversd findings
to
We
10.
from General
securities
Kellogg's
Section
under
Also, the acquisition
subject to approval
is provided by Rule U-42.
thereof, no exemption
by
FINANCIAL CHRONICLE
a
contravention
regulations,
and
of
the
orders
applicable provisions of the Act, or the rules,
promulgated thereunder.
The order
further
directed
that respondents shall comply with the order within one year
from the date thereof, without Prejudice to their right to apply for
additional time for compliance with such order as provided in subsec¬
tion
(c)
of Section
11
of the Act.—V. 155, p.
2274.
.
THE COMMERCIAL & FINANCIAL CHRONICLE
338
1942—Month—1941
Operating
Operation
$2,785,031
$2,589,967
40,586
601,021
72,516
868,183
109,581
105,718
U.
11,537
Prov.
depreciation-
24,047
23,879
326,319
munic.
13,939
169,620
180,929
1,366
1,662
17,886
19,348
and
taxes
State
taxes
at
profits
4,592
64,251
6,739
137,538
140,789
$39,702
$41,986
$490,632
$659,470
48
1,862
ZF949
4,532
$43,848
$489,683
20,417
20,417
Bond
interest
Other
interest
par
amount
was
with
pared
30
cents each
1,183
16,820
31,236
$50,
26,696
$19,474
$196,627
payable Sept.
disbursed
20,
15,
1941;
Pfd.
div.
''The
$377,621
The
Co.—Wins
Supreme
applicable
31,
The
surtaxes.
adjustment
months ended June
12
to
facilities
war,
deductions of financing
or
exclusive
cents
of
share
of 25
cents per
share has been
declared
record
Aug.
on
Sept.
15, last,
1.
One
1941, and
1,
Step
ruled
in
issued
Co.
contends
eral's
"
Dec.
•
.
of
use
"Cola"
erred
which' will
,,
court
in
not
mately
to
Stock, payable Aug. 25 to holders of record Aug. 10.
ment was made on Jan, 24, Feb. 23 and May 25,
this
year.—V.
2180.
.'
Gas
Electric
&
As
155,
~
•
company
plan
Chesapeake & Ohio Ry.—Earnings—
June—
Net
from
Net
ry.
•
Gross
from
ry.
2,681,738
income—
4,892,895
'
$10,424,747
$11,776,195
7,613,098
5,534,211
4,655,655
3,346,861
3,528,291
1—
from
Net
1939
1S40
8,316,058
railway
Jan.
Net
—V.
1941
railway.— $16,377,317 $14,204,811
oper.
From
1942
*
from
filed
29,109,379
28,269,004
19,007,107
19,977,084
15,996,865
10,410,308
37,891,538
15,184,068
income—
SEC
48,152,834
66,343,761
railway:.
oper.
156, p.
65,412,866
84,160,380
", The
July
on
April
filed
18
1941
19,
and
and
to
of
issuance
(No.
all
(2)
all
(Bait.)—Gain
Potomae Telephone Co,
&
Securities'
with
this
in
the
year
the
of
gain- of
a
in
1,785
company
corresponding
1941
telephones
2,869
1941.
June,
in June, com¬
first six months
the
For
17,481 telephones,
period.—V. 155, p, 1829.
gained
a
18,155
against
Commission
Exchange
Corp.
annual
an
a»
the
of
owned
Community)
by
common
each
share
of Com¬
for
stock
each
share
of
stock
for
amounts
issued
non-Voting scrip
until and including
and
full, shares
Southwestern
by
" '■
;
..
Southwestern
Dec.
In
lieu
•'
,
have
a
31, 1941,
of
value
par
based
and
of that date,
as
fractional
of
'
will
Gen¬
*
'
bearing
$1
the
on
would be approxi¬
•
stock
of
General
share
per
will
and
be
redeemed
accrued
and
accordance
in
dividends
unpaid
redemption.
-
approved
July
20
The
of $463,350,
saving
of
purchase
the
the
debentures
available
invest
company
step
the
securities
of
two
stock
and
companies
the
Mexico
Texas-New
common1
(these
of
its
Utilities
Co.;
securities
other
presently
are
common
of
subsidiaries
and
of
of
the
of
of
Palm
outstanding
lee
debt,
bank
presently
are
will
of
all
assume
Community
and
Community
of
the
General.
and
The
funded
the
certain equipment contracts of General
Southwestern
will
be
retired
below.
of
out
'
Mexico Utilities Co.
Texas-New
and
from
acquire
:
of
loans
and
any)
will
companies
two
stock
common-
which
Co.,.
(these
,
certain
(if
by
and
Southwestern
merger
funded
financing mentioned
(B)
bonds
the
all
General).,
and
assumed
including
and
stock
ice properties
including
debt
Texas,
Royal
Florida
the electric- generating
presently owned by General,
other securities (except
held by an institution) of Gulf
General,
common
mortgage
Co.;
debt, bank loans
so
of
Amarillo,
first
result
a
assets
at
Service
As
■
will
proceeds
of
thq
■
be
liquidated and its funded
debt outstanding with
the public, together with
its 7%
preferred
stock
and $4
second
preferred stock outstanding with the public,
would
The
plification, proceedings under Section 11 of the Holding Company Act.
In granting the application, the SEC said however, that "it should
hot be inferred that a similar application would necessarily be granted"
in like cases.
;''' ■.
Co.
outstanding
subsidiaries
-
will
be
assets
retired.
Said company will transfer all of Its properties
to Southwestern, free and clear of liens and encumbrances,
will assume its liabilities.
■
<
•
and
and
Southwestern
(C)
integration and sim¬
in
other
outstanding
securities
General
money
sale of two subsidiaries as a
merger, Southwestern will acquire;
assets of Community, including all of
the
of
$1,305,000
an
estimated.
the
certain
the
funded
which would provide as favorable
return as acquisition of its own securities.
Funds to be used for the debenture purchase were acquired recently
to
through the
Chesapeake & Potomac Tel. Co. (W. Va.)—See p. 352—
plan
for
common
,,
$100
Utilities
All
other
management stated it did not see an opportunity in the present market
gain
a
and
Columbia
conditions
reported
company
pared
of
in
result
Phones—
The
stock
common
non-dividend
of
for
of
located
of
Public
on
Chesapeake
•in
the
Community); and
plant
Approves Debenture Purchase Plan—
subsidiary
of
and,
share.
at
the
of
Arkansas
application by the corporation to buy $9,447,000 of its own debentures
the New York Stock Exchange and $27,800 of debentures from its
76.
merger
-
be
per
of
liabilities,
railway-—
in
Southwestern
into
of
book
fixed
,
Gross
its
result
All
Stock
withdraw
of
fund deben¬
than $100,000,009 of parent company debt and certain subsidiary obligations.
Company on July 7, 1942 had filed another amendment, eliminating
entirely the planned issue of $28,000,000 of serial debentures, due
from 1942 until 1951, and all but $250,000 of the planned
issus of
$92,000,000 of sinking fund debentures.
<
Current economic and market conditions, the company asserted,, are
not conducive to the success of such a large-scale financing operation,
its
•
■
stock;
preferred
date
a
(1)
Corp.—Files Request With
with the SEC a request
2-4736) covering the
$28,000,000 of serial debentures and $92,000,000 of sinking
tures, due. 1961, which were to be sold to refinance more
A similar disburse¬
the
■
merged
representing its- common stock in ex¬
representing common stock of Community and
stock
terms
substan¬
..
SEC To Withdraw Refunding Plan—
The
$5
its
:
which
of
consummation
.
$12.72
The
with
all
agreement
value, as of
pro forma consolidated balance sheet
them.
the
be
the
below,
consummated
bases:
will
share and
per
will
upon
General's
bearing,
in round
common
be
>
exists
stock;
1946)
and
of
\
The
its
on
31,
shares,
[
described
of Southwestern's
(exchangeable
Nehi' Corp., in which Chan"Cola", was a generic term and
In
a)l
communities.
will
Southwestern's
common
sold
owns
certificates
common
Non-interest
the
against
that
that
in
error
these
transactions
General
certificates
shares
of
district
and-, ice are .also
Southwestern
addition,
thereof
terms
it
following
munity's
Appeal—
Nehi
writ of
a
and
(excluding
of
of
one
the
the
(as
share
the -Panhandle
Gas
In
time.
same
issue
for
the
upon
com¬
as
finding as an
infringement under the common law rules and the Federal Trade¬
mark Act of Feb. 20, 1905, the defendant's use of "Cola" which, the
plaintiff states, is a part of its trademark
"Coca-Cola."—V. 155.
p. 2093,
"■ ;
•. -v
;
the common
on
will
General
to
parts
Community
plan)
the
on
ice
involves
with
Mexico..
served.
three corporations which supply elecr
communities in Arizona, and of a corporation
certain
the
at
(A)
New
securities of
integral
accordance
through the proposed merger.155, p. 2364.
dividend
to
plan
tially
of Saint
electric-service--in
eastern
communiites
furnishes
constitute
1939.—V. 156, p. 250.
1,
First
in the advertising of
Coca-Cola
Chain Belt Co.—25-Cent Common Dividend—
p.
per
June
property of the complainant.sought to enjo.int Nehi from
Co.
Columbia
A
cents
and
20
Delaware, has
of
Court
Harrington
products and
includes an
expenses
W.
Coca-Cola
basis of this rate.The estimates for 1942 are
for possible deductions for the amortization of
the
adjustments
or
30, 1942,
the
not
for the five months ended
the accrual
of $18,500 to bring
1942,
without
arise
18,928
18,928
227,136
227,136
provision for Federal income tax for the periods
year 1942 have been computed at a 40%
rate for
the
to
and
defense
cello^ W.
requirements-
estimated
normal
May
—-
20
to holders
16
1940, and Dec.
chancery action of Coca-Cola Co.
income
of
15
March
on
Dec.
on
Dec,
on
dividend
a
'
Net
in
energy
The
change
declared
cents
Coca-Cola
14,685
2,774
furnishing
the
outstanding
l'/a
245,000
245,000
910
3.096
—
stock,
$664,002
$15,327
(net)
deductions---:—
Other
the
which
Bank, trustee, First National Bank Building, St. Paul, Minn.
directors have
like
A
15
$39,750
income
of
Payment will be made at First Trust Co.
in
and
of
some
Cincinnati Street Ry.—20-Cent Common Dividend—
The
'income-—
Gross
engaged
Texas,
formerly
Southwestern
tax.
Non-cperating income-
cper.
Manager,
Church of St. Austin—Bonds Called—
and interest.
par
common
Net
and
55,657
8,500
tax—
income
excess
Vice-President
first
Paul State
4,735
'Federal
Fed.
Stokes,
mortgage 4Va'// bonds dated Sept. 1, 1937 (one maturing
Sept. 1, 1943, three on Sept. 1, 1944, two on Sept. 1, 1945, and four
on Sept.
1, 1946) have been called for redemption as of Sept. 1, 1942,
Fed.,, other than income
tax
premiums by quarterly instalments.
It is
of the Trustees of The Church Pension
control
C.
Manager of the Royal Exchange Assurance.
Ten
and
sec.-Federal
Social
the
trie
298,734
14,101
State
S.
(The)
Maintenance
for
Everard
551,739
9,658
68,611
power
under
by
577,583
53,803
—
Purchased
$215,557
$226,402'
revenues
finance
to
managed,
Fund,
1942—12 Mos.—1941
■
maintained
are
Public Service Corp.—Earnings—
Central Vermont
Period End. June 30—
Monday, July 27, 1943
The
retired
and
and
will
tion.
first
Southwestern
acquire all
Gulf
in• the
mortgage
Public
State
of
of
bonds
will
the
Service
Texas
of
said
cause
Public
Co. "will
Service
to
issued
transfer
Southwestern,
its
free
will
Co.
in
be
be
recapitalized
such
company
securities
new
to
Gulf
recapitaliza¬
properties
and
clear
and
assets
of .liens
and
1
Chicago & Eastern Illinois RR.—Abandonment Denied
The ICC
July
on
denied the
8
branch line of railroad known
direction
easterly
Junction to
in
from
the' end
of
Vermilion- County,
as
The order
due
company's application to abandon the
the Judyville branch, extending in an
1952,
111., and Warren County, Ind.—V.
newly-released
that
Christmas
usual
fall
50%
over
156,
p.
A. E.
winter
and
of
its
catalog
of
this
prices are cut below
catalog,, with
affects
out
its full
than
more
assortment of
The
levels.
holiday
goods,
3,000
items,
it
is
announced.—V.
decision
Co.'s
work
war
155,
ICC
and
this
ducts
of
Railway—Substitution
Western
its
to
taken
was
devote
a
of
Co.
250.
p.
portion
business
for
commercial
large
resources
to
capacity engaged
technical 'organization, fits
after
use
the
war,
•
•
pro¬
in the near future, with the
personnel and; policies of the
under
the direction
of Mr:
President and Frank J. Donovan as Secretary-Treasurer,
Engineering
—V, 158, p. 77.
,.
..
continuing
Corp,
originally " proposed to be " acquired and included in
the trust, consisted of 500 50-ton 40-foot 8V4-inch steel-sheathed, woodlined
box
with
cast
steel
250
'
By
total
which 475
of
filed
the
under
6-inch
of which
on
June
flat
steel
with
ears
wood
the company
26,
1942,
5,
1942,
equipment,
steel
so
as
to
sale
July
of
certificates.—V.
the
156,
11
July
250.
p.
18
July
a
June
Output—
•
142,848,000143,239,000
158,089.000
.
150,550,000
4
149,122,000
156, p.
12.4 *•
*0.1
Interest
the
for
the
5%
of
months
6
reduced
record
Feb.
ended
1,
1942,
the
in
amount
The
of
J.
D.
July 15
appointment
head
of
The
of
the
Lines,
with
complete
Rock
1941,
Raney,
headquarters
General
as
at Chicago,
of
Manager
111.,
effective
the
Rock
Island
Lines.
Jurisdiction
Limestall,
Franklin
L.
whose
appointed
He will be
the
over
was
second
transfer
located
in
W.
at
district.
from
was
City,
Franklin
Mo.,
15,
City
to
also
A
first
is
merged
have
Oi
into
on
the
like
A
capital
amount
July 23 declared
stock, payable Aug.
was
(compare V. 155,
p.
paid
Feb.
dividend
a
25
to* holders
25,
May
398).—V. 155, p. 2455.
on
of
W.
district, with
Public
26
and
of
cents
21,
Aug. 7.
this year
and
Church Properties Fire Insurance Corp.
creased—
„
—
.
has recently increased Its capital and paid-in
surplus
$200,000, according to an
announcement
made
by Bradford B.
Locke,- President.
The corporation is a wholly owned
subsidiary of
The Church Pension Fund of the Protestant Episcopal Church.
J. P.
Morgan, is Chairman of the board of directors.
This action brings the
capital up to $250,000 and the paid-in surplus up to a like amount.
"After giving effect to this
increased
capitalization," Mr. Locke
reports, "the assets of the corporation now stand at
$701,286, and
,
surplus
and
over
all
wa-s
surpius,
89%
of
supplied
including the earned surplus,
the total assets.
The Increased
by
The
Church
Pension
Fund
amount
capital
as
the
boards
out
the
plan.
directors of Community
of
of
the
to
requested
matter
plan
Will
be
the
the
General
of
to
such action
is
believe
that
to
compliance
now
requirements- to the extent that
devised to that end.
possible, and the plan has beem
six
months
of
the
current :yeqr.,
.
.Its
facilities;
are
As
indicated
the
Integration
agreement
of
and
Simplification
now
(a Florida
owns
60.37%
of
merger,
the
Community (a
8,500,000
total
of
all
issued
the
debt)
debt
be
be
the
debt
provided
and
in. (2)
not
Delaware
of
is
the
securities
tion
to
the
of
securities
adequate
these
be
the
deposited
such
be
to
the
bonds
new
principal
stock
indicated
*/'■
provided
of
the
shall
sold
so
into
entered
the
from
the
the
capital,-.
of
-authorized
offered
be
the
to
sale-of
the
of
proceeds
mentioned,
and
its
to"
the
and
such
leave
subsidiaries,
consummation
upon
sale
its
of
first
shortly before consumma¬
that
purposes
Southwestern
constituted
funded
working
and General:
relating
contemplates
■'
mentioned
above
shares
additional
Community
for
for
and
(2)
indenture,
sale
be
received
the
with:
against
additional
aggregate
preferred
to ; increase
agreements
be
plan
capital
pursuant to
bond
will
The
sufficient
will
proceeds
of
formal
Issued
be
working
such
issued
the
be
companies
The
of
that
plan.
will
cash
for
stock
of
and/or
common -stock
any
common
expected
portion
any
stock,
sell
may
stock;
of
issuing
preferred
below.
exceeding
withdrawal
to
Should
increase
of
of
shall
subject
therein,
value
par
issued shall not
so
extent
thereof
indenture,
be
be
provided
as
the
to
they, would
issued,
if any,
except
proceeds
bond
to
as
funded
lieu
In
by
principal
:
common
It
issued
•
value of the
par
bonds to be issued by Southwestern
new
increased
that
the
stock,
$32,500,000,
be
may
under
and/or
the
the
(or
the
and
aggr£?£!te
affect
to
to
increased,
the
sold
following respects
adversely
funded
or
and
public authorities hav¬
of
or
be
may
the preferred
additions
of
all
or
be
principal
exceed
plan
bonds
any
other
other things, a change in the maturities
they may have maturities up to 20 years),
amount of all funded debt and the
that
so
the
aggregate
the
to
securities
and
of Community or General:
of any class of funded
plan
among
notes
Southwestern
of
the
as
plan:
principal amount!
$500,000
proceeds of any additional new bonds
be deposited with the trustee under
above will
subject
therein.
to
The
foregoing
withdrawal against property additions
balance of the proceeds received from*
securities,
together
with
funds
other
of.
Southwestern; to
the extent necessary, will be applied as follows:
the retirement of T(a) .the publicly held bonds of Community,
and General; (b) certain' bank loans of Community and General; (c)
'
"(1)
To
first
the
mortgage
bonds.which may
bonds
of
Southwestern
be surrendered
publicly held
Co.; (f) the
Texas-New
and
(h)
(2T To
Power
.
General Mortgage bonds of
7% preferred stock and $4
Utilities
Mexico
certain
equipment
Co.;
(other
than- any
of
such
ill exchange for new-bonds);. (d)
publicly held first mortgage bonds of Gulf
the
(g)
contracts
of
the
Public Service Co.; (e) the
Texas-New Mexico Utilities
second
preferred
preferred
General
stock
and
its
stock
of.
of General;
subsidiaries;
payment pf the purchase price of the securities of Paphandle
&
Light Co., Cimarron Utilities Co. and Guymon Gas Co.;
(3) To the payment of expenses incident to the plan; and
(4) To increase working capital.
.
.
.
_
.
Upon consummation of the plan, Southwestern will own and operate
properties in Texas, New Mexico and Oklahoma, consisting principally
of
electric generating,
transmitting and distributing facilities, and
including
on
outstanding common stock of
corporation) and General, in turn, owns all of the
outstanding capital stock of Southwestern (a New Mexico corporation).
Community,
General
and
Southwestern
are
all registered• holding
companies, under the Holding Company, Act., Southwestern, is pow
corporation)
General
,
in
of
securities;
the
that
amount
pro
Plan
following
be issued may be decreased, and the character and
securities
comprising
t'/ie funded debt may be
to
of
trustee
new
as
and
in
effect further compliance with these
and
sole
corporation wad incorporated in 1929 and operates under the
supervision of the Insurance Department of the State of New York.
It insures only the
property of the Protestant Episcopal Church or
property closely affiliated therewith,
including the property of the
clergy, and now has over $100,000,000 of insurance in force,
Mr.
Locke reported an increase of over $2,650,000 of insurance in force
first
;■
Holding Company Act of 1935.
The right has been,
the' Commission to apply to a Federal court to
carry
This
the
\
request
stockholder."
during
Co:
sign and mail their proxies at once.
with the integration and simplification
requirements of the Holding Company Act hao been a major subject
of consideration and action by the boards of directors of Community
and
General
for several
years.
Important steps toward compliance
With these requirements have already been taken.
They include the
recapitalization of Community, the sale of its interest in' system prop¬
erties in Missouri and of a part of the properties in Arkansas, and
the sale by General of its interest in system properties in Nebraska
and
South Dakota.
A contract has been made for the sale of the
properties in Kansas and it is contemplated that such sale' will be
completed on or before consummation of the plan.
The respective
boards of directors are
convinced
that action should now be taken
Corporation
capital
$625,080, or
and
are
The
Stock In¬
by
the
Service
the best interest of the stock¬
holders of each of the companies, and also of consumers,
and that
the plan is fair and equitable.
Stockholders are urged to study the
plan, including the agreement of merger and the Commission's report
record
July
to
consummation
share
per
Public
the
materially
stock
amount
the
the
in
amount
(including,
property
the
Southwestern
Utility,
reserved
The
50
meeting of
will transfer
above.
proposed agreement of merger dated July 9, 1942, forms a
part of a plan of integration and simplification with respect to the
public utility systems of Community and General. The plan has been
submitted to and approved by the SEC under section 11 (e) of the
was appointed Chief Engineer, with headquar¬
also effective July 15—V. 156, p. 250.
on
in
The
Chile Copper Go.—50-Cent Dividend—
directors
week
31,
and/or 6Va % )—
of
the SEC
class of funded debt
$1,500,000 provided
of subsidiaries
compared with 185,770,796 for the corresponding
increase of 20,271,231, or 10.91% .—V. 156, p. 250.
special
(6%
deemed
under
any
serial
holders
enforce
The
energy
stockholders will be held Aug. 17 for the
purpose of taking action upon an agreement of merger whereby Com¬
munity Power & Light Co. and General Public Utilities, Inc., will be
announced.
the
electric
Community Power & Light Co.—Stockholders Meet¬
ing Aug. 17 to Vote on Merger—
v
Thompson
Chicago, 111.,
the
.(3)
the
of
and
succeeds
week
Corp.—Weekly Output—
of
show general business conditions of
ended July 16, 1942, amounted to 206,to
as
an
be
common
principal
of
designation
debt
Rock
July
Superintendent
Kansas
Mr.
Kansas
headquarters at Des Moines, Iowa,
Frank
General
not
principal
aggregate
in
Island
H. Hillis as Operating
operating organization.
of G.. W.
output
adjusted
territory served for the
announced.
Charles
ters
charge of the
kilowatt-hour
corporation/
042,027.
the road's Chief Executive Officer, announced the
Officer to succeed him as
as
W.
road's
appointment
Island
also
who assumed
Farrington,
on
weekly
this
stock
(2) The principal amount of
Commonwealth & Southern
of
face
July 18
Chicago, Rock Island & Pacific Ry.—Promotions—
Bines
shall
under
value of $750 will be paid on July 30 to
of certificates of deposit for first mortgage
gold bonds, due Feb; 1, 1927.—V. 156, p. 250.
on
;
•
Dec.
liabilities.
sell
and
character
approval of
total par value of
Chicago Railways Co.—Interest—
2l/a%
the
The
provided
250.
'
$7,250,000
to
clear of liens and encumbrances,
their
issue
jurisdiction,- be -changed
(1)
of
5.1
132,294,000
149,225,000
148,646,000
27
'Decrease.—V.
holders
-
and
amounts
with
changed
10.7
of
sum.
subsequent
v
preferred stock
Increase
Louisiana.
Service
——
..
1941
1942
earnings
assume
will
Cumulative preferred
amount
—Kilo watt-Hour
Week Ended-—
Public
mortgage & coll. trust bonds, matur. in 1967 or 1972
'
•;
to 4% )
-1——
$18,500,000
Serial notes (unsecured) maturing in equal annual
'
1
amounts
from 1943 to 1953 (2'/3% to 3Va% average)-.—*
5,500,000
Southwestern
,
net
(3J/a %
which
'
requested modi¬
substitu-
permit the
equipment trust, in lieu of any of the above described
sufficient number of 70-ton steel gondola cars, 70-ton
cars, flat cars* or box cars as will exhaust the proceeds
of
hopper
the
of March
to
will
Southwestern
holders of the
weeks and
in
will purchase for the
applicable
First
.
percentage comparison with last year:
facilities
Gulf
These companies will be liquidated and
Southwestern
(E)
lowing are the kilowatt-hour output totals of the past four
floors, the
the
order
and
excluding
$5,059,750.
was
to
transfer
Oklahoma) to Southwestern, free and
ing
.
will
liabilities
of
their properties and assets (consisting principally of electric
generating, transmitting and distributing properties, and including gasr
water
and
ice
properties," in the Panhandle districts of Texas and
The
Commonwealth Edison Co.—Weekly Output—
generating
relating
Electricity output of the Commonwealth Edison group of companies,
sales to other electric utilities, for the week of July 18
showed a 10.7% increase over the corresponding period of 1941.
Fol¬
be equipped'
to
were
the
and
53-foot
cost
petition
a
fication
of
trucks
50-ton
estimated
tion
steel- underfFame,; of
remaining 25 with allied cast steel
1,000 70-ton 41-foot 6-ineh steel gondola cars with wood floors,
trucks,
and
with
cars
electric
the
assume
all
may,
equipment
will
Southwestern
Southwestern
Guymon Gas Co.
•/•;%/
,
The
Southwestern
"
(with
1940,
faxes and certain other Items) from Continental Gas & Electric Corp:
(not affiliated with the- Community system) all of the outstanding
securities of Panhandle Power & Light Co., Cimarron Utilities Co. and
pro¬
•
certain
(D)
and
properties.
adjustments
in
in
its entire
staff,
executive
management,
as
on
is contemplated
expansion
present
Frauenthal
its
of
Mich.,
corporation with
Commercial
with
The
Kaydon
July 16 modified its report and order of March 5, 1942,
so
as
to permit the substitution
under the $3,750,000 second equip¬
ment
trust
of' 1942,
2% %
equipment
trust certificates of certain
equipment.
on
latter
merger .offers opportunity for increased
materials as
well
as
development of additional
war
and
the
conformity
in
experienced
broadly
program.
Substantial
Equipment— "
The
156,
Muskegon,
Corp.,
July 15 of
merger
action
financing production of war materials.
The Kaydon Engineering Corp., with
is
duction
North
&
Engineering
Kaydon
the
This
Credit
companyan¬
ceiling
of
the, farmer,
with
Chicago
1961.—V.
and
1952
Duncan, Chairman of Commercial Credit Co., and A, H. Frauen-
President
July 21 announced
1306.
p.
due
Commercial Credit Co.—Acquires Engineering Firm—
160.
combined in the general catalog.
The
debentures,
•
such
to
;
Chicago Mail Order Co.—New Catalog Ready—
The
5%
outstanding
with its main line at-Rossville
the line at Judyville, approximately 13.27 miles,
connection
a
thal,
nounces
permits Columbia to purchase its 5% 23-year debentures,
Columbia Corp. and to buy part of three series ol
from
encumbrances,
also
water
gas,
and
ice
properties.
As
indicated
on
the
forma income account of Southwestern 88% of its gross revenues
pro forma basis was derived from the sale of electric energy irr
a
1941.
In
addition,
securities
(c)
of
Royal
Arizona.
is
Southwestern
Gulf
Ice
Under the
Southwestern
;sueh
(a)
Palm
terms
of
will
own
all
of
the
outstanding,
Co., (b) Arkansas Utilties Co.,
the four companies oneratinR' In
Service
Public
Co.,- and
(d)
the
order
of
the SEC
dated
July 8,
1942,
required,, within.one year from the date thereof, unless'
further extended by the Commission, totdispose of-
time shall be
.Number 4093
Volume 156
/
-,■/
.
named in the preceding sentence,
Texas.
■ .
hpon consummation of the
plan to~ acquire, subject to approval of regulatory bodies: having Juris¬
diction; additional "public 'utility", properties in territories adjacent -,to
its system and for such acquisitions .it may apply: pfbceeds of*said.
of certain of the properties so to.be disposed of.
,
its subsidiaries
interest in
(a)
its
and
It
k,
indicated
As
to
properties
by
>
the
•
pro
522;
'•
"■
-—2-----.---—
Steam
heat
Net
Prov. for. Fed.
Net
retirements——
for State and Federal
for
.Provisions
Provisions
profits
excess
,
Other
taxes—
■■V'.?'
Accounts
1,061,619
Notes
rec.
Other
41,412
'Income
i;
income
15,977
.
—
$1,562,424
'
.
dividend
requirem. on 6%
cum.
income
Accounts
$1,673,710
510,000
510,000
pfd.___
stock--—$1,052,424
applicable to common
Note.!
cash
Notes
——------
;
-
Unbilled
4,808,012
be
and/or 6ta %
6%
*
stock
Common
'
'
1
$1 )„—•
*
1
-
—
'First mortgage
and collateral trust 33/4S, 1972—
1943 to 1953——
———————
Serial-notes,
Contracts
payable
payable :
The
506,843
Ice
Accrued
Accrued
t
int.
taxes,
55,250
17,627
165,339
2.890
.
—
outstanding
(other than
coupons
—
——-
—
long-term debt)—
on
Federal income
includ.
76,026
_
54,198
.Unamortized premium on long-term debt------
1,202,500
:
Reserve
Reserve
credits
deferred
—-
"
Capital
reserves
.
---—-.
..
'
p.
three
with
per
share
on
Kansas of the
the
of
of
7
cents paid on
15,
May
cents each.—V.
15, 4V2
Vultee
Aircraft,
below.—V.
Inc.,
oh
Resigns—
17 approved the sale of Southeastern Kansas prop¬
Utilities Co. to Continental Gas & Electric Corp. tor
Inc.,
Eastern Kansas Utilities, Inc., a newly-organized subsidiary of Continental, have filed joint
and several applications and declarations with the Commission under
the Public Utility Holding Company Act of 1935, seeking approval of
the
proposed
acquisition by Eastern Kansas
of a utility property
adjoining the service area of Kansas City Power & Light Co., ohe
principal operating subsidiary of Continental,
and related transac¬
'
■
Kansas
■
Utilities'Co.,
»Cost of
discounts
less
and
Gross
Selling,
profit
sales—.
on
,
757,672
$352,508
$449,703
—:
administrative
and
general
1941
$1,110,180
916,859
goods sold, includ. freight on shipments
expenses,
including expense applicable to non-operating
periods,
Net
(less
etc.
Interest.
216,844
$239,588
$135,664
,
and
expense
retirement of fixed
i
4,361
——
Kansas
to
and
assets, obsolescence,
communities
various
Certain
Net profit before provision for Fed.
Note—Charges
finished
in
Six
•
rtionths
1941,
included
in
profit
and loss accounts
and
inventory
ended
the
permitting
of- franchises/ licenses,
transfer
filed
have
company
opinion
an
of
Proceeds—The
Utilities
Kansas
the
proceeds of
all
redeem
to
of
35
cents
per
at
share
has
been
rural
Fort
areas.
ScOtt,
18
of
properties
Kansas
company.
Utilities
will
also
be
of
155,
p.
plant
in
and
Burlington,
facilities
electrid
outstanding first
make such
to
for
the
Since nothing will remain avail¬
who owns it all, will not
payment in full.
stock,
common
Community,
anything for its interest in such common stock.
Substantially all funds to be received by Commuity as a result of the
above-described application of the proceeds of the sale will be paid to
the trustee under the indenture securing Community's 6%
collateral
trust bonds in accordance with the provisions of the indenture and
receive
be
used
to retire such bonds.
Utilities of its utility and other assets and the
Kansas Utilities and Community are subject
t6 Sections 12
(c) and 12
(dt and Rules U-42 and U-44 of the Act.
V/e find that the transactions by Kansas Utilities and Community, as
will
sale
of
primarily
by Kansas
the
of
the
by
proceeds
hereinbefore
Act
set
forth,
in
are
proposed
a
to
be
acquired
are
adjacent
to
the
the
43.8%
affiliated
Under
was
•
'
dividend
1675.
Interest
income
Net income
Totai
.
Expenses
from
—
;
estate-.:
income
1
1941
$296,151
8,129
113,908
—-_1__
real
Because
1342
;
11,750.
$449,568
33,197.
1
Missouri
premium reserve
Premiums
.
..
Net
income excl. of capital gains
—:t——
L
and losses
1
:
-_L-
1940
1941
1939
,
.9,298
$313,578
28,876
$416,371
$284,703
201,032
268,042
$9,701,760
$13,143,767 $10,937,745
1,721,231
807,818
1
725,035
,
76,715
$9,625,041
$13,051,183 $11,422,533 $10,182,710
8,556,774
5,617,663
4,751,571
5,591,545
4,871,060
5,432,944
earned
4,423,751
4,559,705
Underwriting profit and
items
loss
15,022
,
_T_r,—
profit—
"$938,535
$213,328
$560,079
$626,565
divs. & rents
$2,317,034
127,765
$2,303,624
303,301
$2,043,176
$1,968,275
111,012
215,429
$2,189,319
$2,030,324
$1,932,164
$1,752,843
$1,250,784
$2,213,651
$2,492,243
$2,379,4il
59.148,902
Crl5,379
64,715.378
66,076,028
62,314,404
Cr44,118
25,310
185,241
3,277,074
1,316,426
8,774,000
4,703,978
Underwriting
Inv.—Int.,
Expenses
Net
inc.
investment
Balance
Net
surplus,. Dec. 31_
in
Incr.
in market value
Dec.
-
special reserves
stocks
bonds
&
of
(net)
$65,656,721 $59,768,961 $59,804,597
$57,137,992
Loss
sales
on.
of
bonds
and
stocks
Cr39,456
Cr2l,366
10,125'
62,458
1,999,989
(net)
dividends declared
Cash
1,999,989
1,599,990
1,599,990
surplus, June 30_ $55,168,457 $63,678,098 $58,158,846 $58,142,149
Net
"Loss.
■'
Balance
Assets—
Sheet,
June
30
1942
1941
$83,474,214 $87,555,376
';•/';
stocks..
Bonds -and
182,232
950,918
3,138,445
__L__—
in course of collection—_—
3,398,171
estate
Real
Premium
Accrued
Cash
250,024
235,53G
6,302,687
interest & rents-..^..-—
6,194,724
i—
■
$93,347,603 $98,334,725
Total
liabilities—
Unearned
loss
in
for-
&
expenses...:
A.]
—
—
1,100,000
5,000,000
62,712,792
1
.
"
'
'
'
$93,347,603 $98,334,725
j.
p.
2,000,000
5,060,000
—54,702,419
—
surplus
155,
1,227,450
1,100,000
—
eapital
Total
—V.
3,624,521
1,038,750
2,000,000
_
dividends—.—.'—
claims.—
other
Net
taxes
5,290,136
adjustments____."
of
process
for
Cash
$24,216,298 $22,669,961
premiums
Reserve
2455.
Utilities
of
Co.
of
distribution
and the sale of power to
the
properties of
the
.
.
electric
Kansas
proximity
Kansas
City
of
the
Power
will
also
including
facilities
in
acquire
Bates
and
Vernon
Hume-Sinclair Coal Mining
properties
& Light
Co.,
of
all
the lease from
Kansas
including
Utilities
Co.
to
its principal
utility
facilities being acquired, by
Kansas can be
operated in conjunction with the Kansas City system as a single
inter-connected and coordinated system resulting in advantages to the
investors
and
consumers
of
The proposed acquisition
Co.'
the
and
to
holding
the
both companies.
is part of a program of The United Light &
company
service
area
system
of
to
Kansas
acquire
City
1941
1940
1939
operation $15,931,667
$9,502,423
$5,665,698
$5,335,663
510,107
1,023,418
1,257,314
1,039,035
$16,441,774 $10,531,841
$6,923,012
$6,374,698
111,531,114
750,000
14,903,200
,
750,000
1,765,288
750,000
1,420,005
750,000
$4,160,6CO
from
Profits
Other
$4,878,641
880,033
3,795,000
$4,407,724
860,083
3,795,000
$4,204,693
860,083
1942
income
income
and
Federal
State
inc.
etc.
taxes,
Depreciation
Net
profit
Preferred
Common
.dividends.,—
dividends.^.
3,795,000
_
860,083
3,795,000
Eastern
utility
properties
& Light Co., to
extent permitted under the standards of Section
+0 of the Act,
to dispose-of its interest in scattefed properties located in south
Power
Refining Co. (& Subs.)—Earnings—
6 Mos. Ended June 30—
Total
Eastern
contract,
generating plants in Kansas City, Mo,; the purchasers have stated that
adjacent
Dividends paid
purchase
and obligations of Kansas Utilities,
Countes, Mo.,
$323,910
,
income
sections
2455.
unearned
in
Increase
Corn Products
generated by
company.
the
the rights
6 Months Ended June 30—-.'
155, p".
1942
$13,859,001
written
total
in 1940 by Kansas'
its steam and hydro plants, 32.3%
[ was purchased from Kansas City Power & Light Co., and approximately
all the balance was purchased from Kansas Gas & Electric Co., a non¬
-•
Cash
with the applicable
accordance
the Rules thereunder.—V.
and
Continental Insurance Ca.- -Earnings—
All
Miami and Linn Counties, Kans.
energy
generated and purchased
points in
Gf
Utilities,
Consolidated Investment Trust—Earnings—
■
sale will be used by
mortgage bonds
the proposed
its
$1,901,000, such bonds being owned by
Community, and in payment of its other obligations, including an open
account
indebtedness
of $199,000
owing to Community.
The funds
remaining after the payment of these obligations will be distributed
to the preferred stockholders, all owned by public, of Kansas Utilities
as
a
liquidating dividend.
It is estimated that the funds, available
for this purpose will not be sufficient to pay in full the par value of
this preferred stock
plus accrued dividends and, accordingly, Com¬
munity will make a donation to Kansas Utilities of an amount suf¬
ac¬
"
1940.—V.
etc., Counsel
all otner re¬
in
of
amount
principal
Reserve
the largest community
is the headquarters of the
non-utility
storage
The
%
declared on the $1.40
•cumulative
class
A'stock,
no "par
value.'on account of. accumulations-, payable Aug. 15 to holders of record Aug. 1.
A similar dis¬
tribution Was made on this issue on May 16, last, as compared with
73 cents "cn Sept. 15,' last year," and $1 each'on March 30 and Dec. 14,
dividend
leases,
that
stating
complied with.-
southern portion of the electric service area of Kansas Citv Power &
.Light Co., and are inter-connected with the facilities of that company
-
$89,802.
Accumulated Dividend—
A
to
ranging in size from 160 to over 19,000 population
small
area,
retail
at
steam-heating system in Fort
Scott, Kans.
These properties contribute less than 2%
of the total
operating revenues of Kansas Utilities.
$86,362
$197,698
inc. taxes
the above
for depreciation and depletion were as follows:
June 30, 1942, $97,358; six months ended June 30,
furnished
is
These consist of an ice-making plant in Chanute, a refrigerat¬
quired.
ing
service
Electric
Kansas.
the service
in
1,623
2,553
operation of dwellings, etc
a
property of Kansas Utilities for
the
southeastern
4.143
•
of Proposed transactions—Continental has
agreed to pur¬
the cash price of $2,300,000
plus the amount of net current assets, except cash, as of the date of
closing.
The assets will be transferred by Kansas Utilities direct to
Eastern Kansas, organized by Continental for this purpose.
Eastern Kansas proposes co finance the acquisition through the sale
of
$1,250,000
par
value of
its common stock to Continental for
$1,500,000 cash and the sale of $990,000 principal amount of its first
mortgage bonds to the Northwestern Mutual Life Insurance Co.
this
proposed financing will provide sufficient funds for the purchase price
and estimated working eapital requirements.
The proposed acquisition includes all the utility property and other
assets, except cash, of Kansas Utilities, consisting principally of facili¬
ties for the generation, transmission and distribution of electric energy
to approximately 10,000 customers in the adjoining counties of Allen,
Anderson, Bourbon,
Coffey, Linn,. Miami, Neosho and Woodson
in
43,530
34,976
-i-————-—
-
Bond "discount
Loss on
deductions--"
int. and other
profit before
210,115
incorhe)——
miscellaneous
is
-
a
^
Summary
-
chase
'
it
as
7 (d> of the Act.
Commission of Kansas has issued a certifi¬
the issuance of the securities de¬
Kansas
6 Mos. End. June 30—-
'. i."V';"' ''- '='•'
V
'
:..'
Tne appliOhtions and declarations were consolidated for the purpose
of hearing, and, after appropriate notice, a public hearing was held.
The Commission, having
considered the record, makes the following
findings:,
1406,
1942
allowances—$1,366,562
6 Months Ended June 30—
sales
p.
much
July
Kansas
actions.
Cement Corp.—Earnings—
Consolidated
Gross
155,
that the common
as
under Section
Corporation
and
the
and five cents
15, 3 cents,
last,
156, p. 78.
subsidiary of Community Power & Light
Co., a registered holding company, and Community have filed joint and
several applications and declarations seeking approval of the sale oi
such property to Eastern Kansas, a non-affiliate, and related trans¬
1011.
Consolidated Aircraft Corp.—Director
in
(c)
without
is
.
See
12,500 shares ($100
is sub-
We find
Act,
Section
value,
par
a
spects all State laws have been
Payments in 1941 were as follows: Feb,
1942.
15,
of
Tne
$46,617,644 $49,473,273
Total
-V. 155,
Dividend—
cents
four
unreasonable,
price
7
standards
Losses
tions;
5,389,205
5,096,351
surplus
of
the
to the issuer of
cost
money
a
$990,000 of first mortgage bonds
and
(a)
having
Eastern
scribed
use
Co,—4-Cent
dividend
a
this
and the
Expenses
.
*
declared
State
to
The
1942. —V. 156. p. 78.
represents
Light & Power Co. holding company system, and
'
124
7,387,438
200,000
165,766
32,778
——
5,453,435
200,000
137,997
renewal-———
fo( possible loss on sale of investnientsfor contributions in aid of construction
retirement and
Miscellaneous
B
i"'-
Continental will transfer the properties to Eastern Kansas
a subsidiary organized by
Continental for this purpose.
The SEC findings and opinion follows, in part:
Continental Gas & Electric Corp., a holding company in The United
605,982
.
"
for
1941, repre¬
on hand to
31,
Series
net
and
to the security structure and earning capacity of Eastern
ant) in all-other respects we conclude that no adverse findings
Utilities,
1,202,500
Reserves
Dec.
,
6
the
stock
$2,300,000.'
54,198
Miscellaneous
y••'";•*"
Continental Gas & Electric Corp.—Purchase of Kansas
Properties Approved by SEC—
i- '
erties
68,265
for construction-——-—-
-
at
Notes-Tax
taxes./
Spring
Cushion
have
Aug/15 and Nov.
The SEC
884,572
648,159
taxes—
,
11,470
458,453
advances
$4,204,720
and
Treasury
such
Approxi¬
Underwriting—premiums
288,919
;
—
Consumers'
S.
of
$5,899,321
$27.01
$5,309,789
$27.42
net amounts after deducting
,
'
Consumers; deposits 2-
The
cate
ficient
$25,550,649 $26,804,502
—„_
($100
Thus the bonded
stock, par $1, payable July 30 to holders of record July 20.
compares
Feb.
and
43,333
55,250
17,627
.
liabilities—;—80,000
/Other current and accrued
U.
payment
directors
common
'This
$8,500,000
459,820
18,500,000
5,500,000
42,2-2
•
i
■ -1
1
*
5,500,000
43,333
year———
———,
———
payable
Accounts
1
due after
payable,
Contracts
-'Notes
share.
per
1942,
30,
of
price
in
Continental
«
,
the
$8,500,000
459,820
18.500,000
(par $100)--
pfd. stock
cum.
(par
June
at
cost
applied
on
' +.
stock
tReduced to $1,150,000 July 21,
$46,617,644 $49,473,273
—
]£< 10biliti
capital
of capital
value
senting
81,335
498,347
Total
'
———————Al
,
$3,422,460
251
1——
charges
671,494
—5,127,235
43,542
63,053
subs., accounts receivable-
Deferred
:
759~663
Prepaid insurance','taxes, etc—
Due from
15.625,030
15,625,060
shares)— -"-
3,393
536,731
—
—
—
adjustments—AAA.—/* \ h" 161,944
(outstanding 781,253
surplus
1,023,628
;
43,542
;
receivable, snbsidiaries.
—
2,300,000
____
"Provision for Federal income taxes are
3,013
707,461
revenues
interest
Inventories
360,070
+1,400,000
,
———671,494
Book
15,950
3,013
,Accounts.receivable, net,—
1,118,470
1,315,667
.
:
for .year-end
.Working
660,883
;
profit-sharing
taxes/.—————
will
Kansas
12,500 shares
Rule U-50 with respect to competitive bidding.
bonds
find
not
stock
necessary
able
70u
8.34)
—X-.------
Accrued
are
in
535,618
—A—195.313
Federal income
loan.,
$1,321,396
$518,318
surplus
500,000
-
500,000
i—
receivable
Kansas
Use
/>
Earned
5,243
4,823
—
deposits
1
Paid-in
Total
541,408
Special
1
~~
700
"—:—___
; Miscellaneous investments
Restricted
22 1,151
.
$25,550,649 $26,804,502
,
1
etc.
bank
and subs.
8.590,181
subsidiaries—
deferred
receivable,
274,30.)
i_c__■
taxes,
wages,
$35,116,467 $40,869,458
—J.—
securities of
17,104,432
...
for
Capital stock
Pub. Ser/.
Pub. Serv."
in
—
(net)_—
payable
Term
1941
31,
Dec.
Assets—
assets
367,664
17,510,423
/_A—
payable
provision,
$1,163,710
Southwest.
Investment
237,202
patents—A—-—*—A——-—'
"Provision
Southwest.
Fixed
—_i„—
_
interest,
Reserve
Balance Sheets,
Pro-Forma
4,340,712
investments—
and
Dividends
Net
3,543,737
—.——A—A—.:—_
•Accrued
Net
—
/'-Liabilities—"',."
,
Annual
adapted
—
—.——
equipment
and
issuer.
33,618
—1_
charges
Total
—
subsidiary companies——;'
deductions:
Income
125,000
for
1
—
receivables
Eastern
surplus.
preference as to divi¬
and is entitled
to full voting rights.
We also find that the
meet the applicable requirements of Section 7 tc), since the
will be secured by a first lien on the physical property of the
Both the common stock and bonds appear to be reasonably
bonds
2,350,262
125,000
do
meets
bonds
2,338,812
yr.
a
of
bonds,
proceeds of the bond issue do not exceed $1,000,000
Sections
to
dends
-
;
and
Goodwill
$2,528,581-' $2,655,845
deductions: Southw. Pub. Serv. Co./:—'
966,158 • : 966,158
income'
total
We
common
customers
due Within
by prop, sold)
receivables
•Deferred
$2,614,432
49,950
from
receivable
notes
(sec.
Other
485,311
———:
states
Power & Light Co.
Capitalization
proposed issuance by Eastern
stock
$i,24 j,665
$1,817,206
propr-
Continental
to about 40% of total capitalization.
will exist between the bonded debt
ratio
same
common
"jeet
—
nego¬
plus net current assets.
exempt from our
The
pari
June 30, '42 Dec. 31,'41
hand-—i
on
Inventories
$2,043,270
--
—
&
934,713
664,105
—-
income
be equivalent
the
3.44%,
Sheet
reserves),—
956,700
753,800
income
and
current
(less
Plant
Operating
will
Since the
$857,212
$905,163
$488,847
'
banks
4,003,288
447,347
———
Non-operating
Gross
in
V. S. War Savings Bonds at cost-
and
income
1,054,033
Consolidated Balance
Assets—.
767,427.
2,661,716
—
■*3,620,652
;
$356,517
.u
442,831
157,653
w——_
taxes
profit
Cash
—:—
$1,911,245
681,449
per shale:..$0.46••
$0.62
$1.16
$1.09
"Estimated at 80%.. tOn 781,253 shares of capital stock Outstanding..
953,568
,
:
——
_
$4,525,815
:-JEarnings
325,584
-1/.;"
—
1942—6 Mos.—1941
$1,170,296
of
order
our
/i Proposed Plan of Financing Acquisition—Eastern Kansas proposes to
finance the proposed acquisition and provide about $100,000 of work¬
ing funds by the sale of $1,250,000 par value of common stock to
.Continental for $1,500,000 cash; and to sell to the Northwestern Mutual
Life Insurance Co., at private sale, $990,000 of its first mortgage 3Va%
bonds at 101 plus accrued interest to date of purchase.
The-bonds
will
be datied Sept. 1,
1942, and mature Sept. 1, 1967.
No fees or
commissions will be paid in
connection with the sale of the bonds.
Fed.
*——Li".$1,782,585
inc/taxes
"*1,426,008
proposed
-sale is
204,804
:
i.;—•
ahd'botUng.J—1_———_'
before
profit
income1 taxes
by
additional- utility
of
Missouri.
stock, and $250,000 of paid-in
common
mately
Subs.)—Earnings—^
(&
1942—3 Mos.-x-1941
Period Ended June 30-
.
$7,215,902 $10,023,099
Operations
Contaifter Corp. of America
; '
western
first mortgage 3ya%
$990,000 of
property
for the week ending July 19, 1942, amounting to
139,806,000 kwh., compared with 141,700,000 kwh. for the correspond¬
ing week of 1941,' a decrease of 1.4%.—V. 156, p. 250.
594,716
i96,i83
■
—
of
debt
July 22 announced that production of the electric
on
directed
as
than by Kansas City
Capitalization—The
consist
,The sale price of the
442,359
■;—J—,-
Water
.'Maintenance
Eastern Kansas rather
plants of its system
$6,372,557. .$7,874,631
Ice
company
and-
Kansas
total,
/''' Consolidated Edison Co. of New York, Inc.—Output—
fhe
Texas,
for the acquisition
progress
and subs,
Pub. Serv.
_
•
$339,424;
surplus,
in
eastern
Pub. Serv.
Southwest.
•Operating revenues:
I
income
$2,751,951;
surplus,
and
of Eastern Kansas and Continental states that
during the
pari
11*41
Southwest,
;•
.
•
r
pan,
,
12 Months Ended Dec. 31,
Income,
Statement of
;
"•
•
accrued real estate taxes, $45,$2,717; reserve for social security
$335,055; paid-in surplus, $9,764;
tax,
($1
be
to
*
>
gain
stock
stock
Oklahoma
period required to effect such acquisitions it Is con¬
sidered
advantageous to maintain flexibility of corporate form, and
therefore it is preferred to have the Kansas properties acquired by
$13,241,729.^. 155, 916.
,
Pro-F&rma
capital
$281;
capital
capital
for
reserve
taxes,
28%
the remaining
and
Southwestern,
by
owned
be
properties
in
erties
LiabiHties—Accounts payable, $2,572;
-
owned by subsidiaries.
*•
The "agreement of merger will authorize 250,000 shares of preferred
stock (125,000 shares of 6.Va % cumulative preferred stock and 125,000
Shares of. 6%
cumulative preferred stock) of which not to exceed
"85,000" shares are to "be issued pursuant to the plan,, and 750,000
shares of common
stock of which at least 459,820lA shares are
issuable pursuant to the plan-;
Authorized shares of preferred and
common stock of Southwestern not issued pursuant
to the plan may
*be issued ; and -sold uport appropriate action by South western's board
of directors,
subject to.the restrictions in the agreement of merger
'and to necessary approval of public autharities.
^
the
from
tiations- are
that
339
1941,
The application
wholly owned subsidiary, $786,283; divi¬
dend receivable,'$1,107; accrued interest receivable, $1,978; notes and
accounts receivable, $25,576; defefred items, $22,831; total, $13,241,729'.
-
Kansas,
5,
Aug.
$10,340,-
(market of est. value,
investments
&
central
June 30, 11)42
Sheet,
Balance
,
$547,375;
Assets—Cash,
■
189), $11,856,579; investment,
forma income statementsapproximately
72'1' of the pro forma consolidated gross operating revenue of South:
•western and. its subsidiaries was- derived from the operation, of the
«'
.
,
(bt the groups of properties in Eastern
will be the intention of Southwestern
'
FINANCIAL CHRONICLE
THE COMMERCIAL
,;
Power
Surplus
_
Surplus Dec. 31
Surplus
"Earnings
"On
June
per
$223,558
*$247,359
*$450,390
9,847,016
14,858,843
16,588,226
15,777,994
$9,352,593 $15,082,404 $16,340,867 $15,327,604
30
shares
155, p-.
common
1918.'
,
■
•».
$1.40
$1.59
$1.30
share.__
2,530,000
* Deficit.—V.
*$494,424
_
stock.
■'
'!
(Includes
i. . :
\
$ 1.32
profit
excess
■
v-
'
-
-
1
tax.
r
THE COMMERCIAL & FINANCIAL CHRONICLE
340
Monday, July 27, 1942
•
Coos Bay Lumber Co.—Earnings—
- ,
from
operations
Profit
from
disposal, of
Balance
12,099
$238,168
6*075
taxes.
income
188,880
$124,094
' $1.96
$254,578
like
A
——
share outstanding
•Loss.
'
Q
„
Total
943,490; operating plants and equip, (cost less depreciation),
.293'
non-operating equipment,
$144,059; deferred charges,
for
inc.
$3,931,606
$3,974,237
178,355
$3,625,178
177,675
$4,109,281
$4,152,592
$3,749,358
1,432,089
1,360,384
1,322,091
1,325,750
$36,421;
expl.
exchange
transf.
on
657,955
expendit,
of
'
124,180
54,349
taxes
Foreign
908,187
776,856
385,964
12,000
24*000
9,391
32,825
.
Net
paid
funds..
195,798
income—...—
——
$1,848,456
Dominion
$2,004,820
Years Ended May 31—.
County Power & Light Co.- -Earnings-
salaries,
general
revenues—
$564,991
$443,088
$6,785,519
——
165,390
136,263
.....
50.348
10,358
2,241,615
249,651
1,456,602
271,464
power
17.477
17,477
209,725
26,508
49,283
20,473
44,201
317,154
1940
1939
$184,476
$173,521
9,612
2,500
3,000
368
120
Income
498,831
_______—
for
depreciation.
Prov. for replacement of
—:
taxes
2,441
2,423
40,000
40,000
2,746
40,000
9,062
*19,704
*23,204
4,515
$185,055
122,840
$122,357
125,297
$103,078
110,558
$110,070
108,099
Preferred
State
and
.Social
10,451
7,808
107,621
64,275
22,468
33,211
394,770
3,750
52,010
44,694
——
dividends....
397,223
4,735
property—leased.
—i—
income
Net
,
•Includes $1,548 in 1941 and $12,374 in 1940 adjustments prior years;
security-Fed. and
taxes
munlc.
taxes
——
•
Balance, Sheet, May 31, 1942
.Federal, other than in¬
•Federal
Fed.
9,893
tax
come
109,840
369,629
39,190
31,828
441,013
85,819
7,150
708,474
$125,190
$133,501
32,160
$1,373,590
385,206
dividend on preference stbek,
$49,136; accrued bond interest, $16,667; provision for taxes, $7,831;
first collateral trust 4% bonds due Jan, 1, 1952, $1,000,000; 5 % cumu¬
$1,494,548
8,311
$1,292,804
80,786
$1,602,333
tax—,
profits
tax
lative
Net
income—
oper.
Non-oper.
income
redeemable
shares
107,785
—V.
($1
death
income
I
$89,476
interest
32,032
„
par),
charges,
$1,400;
Other
interest
Other
deductions
Cr828
Crl97
Cr3,250
shares
preference
($50
$2,456,800;
par),
$89,153; revenue account,
8,127
102,144
99,802
$50,484
$93,411
$889,490
$1,112,334
29,164
29,164
349,973
TunA__
1,715
7,788
349,973
(net)
.....
common
total, $3,676,710.
$55,723;
income
div.
Pfd.
P.
requirements.
for
Prov.
R.
from
Gross
at
From
Jan.
from
Net
ry.
$644,659
$7,924,569
241.575
237,722
2,913,375
81,216
1,343,005
32,015
13,432
9,107
*25,161
1,092,500
318,355
108,722
809,547
183,972
17,813
714,267
142,054
'9,320
614,657
railway..
income—
oper.
155,
2456. ■;
p.
55,099
700,060
672,812
approp.
52,802
40,817
753,039
$229,805
$2,215,090
654
Gross
$181,833
$2,215,744
560,000
1,877
22,037
deducts.
13,876
12
Months
Net
income
—
Balance
,
provisions
and
for
for
$97,000
$181,261
preferred stock
—......—*
'Includes
month
$121,290
———
12
taxes
of
$43,000
ended
months
$1,567,669
507,386
Corp.—V. 155, p. 918.
for
June
30,
tional to the amounts required under the Revenue Act of
p.
(& Subs.)
$1,661,482
Operating
the current
1942, addi¬
End.
June 30—
1941.—V, 156,
Expenses
——
13,753,489
Net
of
revenues
panies
of
Net
Prov.
of all
revs,
Fed.
for
inc.
profits
excess
cos.
$5,921,147
Net
Empire Trust Co.,
$7,143;468
$3,410,135 $10,954,055
986,946
75,512
1,654,522
64,906
988,498
18,142
——
—
.
8.032
829,520
1,912,318
Cr23,579
764
496
$234,143
$388,107
Federal
year
1942
215,572
215,572
*—T—
income
tax
included
In
statement
this
$3,945,703
Depletion
Net
—V.
and
deprec.
income
155,
p.
$2,515,709
$7,387,215
1,321,010
$1,194,699
$4,780,382
1,020,563
655,505
1,939,757
2,643,793
2,606,833
$2,634,780
Associates—Listing of V. T. C. for Pfd.
SEC; on July 14 granted the application of the New York Curb
Exchange to extend unlisted trading privileges to the voting trust cer¬
tificates for preferred $5 cumulative stock
($1 par), but denied the
application for permission to extend unlisted trading privileges to the
voting trust certificates for common stock ($1 par).—V. 156, p. 251,
$5,416,175
$539,194
$1,614,217
—
1918.
$2,840,625
.
1,357,949
$1,414;433
,
On
in
net
June.30,
years'
Erie & Kalamazoo RR.—$1.50
dividend
A
1941
utility operations—
$74,644,212 $69,958,669
and maintenance charges; current
appropriations to retirement
(depreciation)
income
taxes
for
Prov.
normal
Excess
Federal
income
miscellaneous
Gross corporate
Total—int.
Net
ner
income
debt
discount
share
3,610,000
and
expense
(par
155,: p*. *2365..
$20).—
Dividend—
per
RR.—Abandonments, Etc.—
;
July II issued a certificate (1) permitting abandonment
State Line RR. of a line of railroad extending from
State Line Junction to State Line, in Chemung County, N, Y.
(6Va^
miles), and abandonment of operation thereof by the Erie RR.; (2) per-'
mitting abandonment by the Erie RR. of a line of railroad, formerly
owned by the Ticga RR., extending from a connection with the firstmentioned line at State Line to Tioga Junction, in Bradford and Tioga
Counties, Pa. (13% miles); and (3) permitting abandonment of opera¬
tion under trackage rights by the Erie RR. over the railroad of the
.Northern Central Ry. extending from Southport Junction, in the City of
Elmira, to State Line Junction <2 miles)
in Chemung County, N. Y.;
by
the
on
Elmira
The
Commission
rights
on
July 11 approved the acquisition of trackage
by the Erie RR, over the line of the New York Central RR.
(1)
from
Corning,
N. Y., to Lawrenceville, Pa. < 13Va miles), and (2) by
the New York Central RR. over the line of the Erie RR. from Lawrence¬
Pa.
(29.4 miles).
Purchase of Northern KR. Properties-^
The ICC on July 9 authorized the purchase by company of the
prop¬
erties of the Northern RR. of New Jersey, including all the issued and
outstanding stock of the Nyack & Southern RR.
Authority was granted to Erie to issue not exceeding $957,862. of
preferred stock, series A, and not exceeding 9,992 shares (no pari com¬
stock or scrip for any or all-of such preferred stock, in connec¬
with the purchase of the above properties.—V, 156, p. 252,
mon
tion
Official Promoted—
David
named
:
4,015,000
720,000
$15,048,269 $17,742,476
217,960
175,835
5,292,165
$8.72, compared
1941, according
the
Thompson,
freight
Vice
traffic
President
at Chicago, has been
at Cleveland,
manager
with
headquarters
Earnings for June and Year to Date
'*
June—
Gross
1942
1941
1940
1939
$9,231,880
$6,955,169
$6,408,250
3,516,799
1,993,080
1,641,820
2,208,343
2,009,129
1,148,392
817,275
63,436,427
22,159,888
10,879,250
49,582,422
39,813,641
37,106,404
16,860,421
10,269,578
8,998.553
10,166,391
5,138,110
4,199,692
1
from
railway—— $11,474,074
Net from railway——
4,358,587
Net
ry.
income—
oper.
From Jan.
Gross
from
Net
from
Net
ry,
—V.
1—
railway.,
railway
income
oper.
156, p. 252.
Fairbanks Co.—Smaller Dividend Declared—
dividend
A
of 10 cents per share has been declared on the common
par $1, payable Aug, 1 to holders of record July 22.
This com¬
with 15 cents per share paid each quarter from Aug. 1, 1941, to
and including May 1, 1942.—V. 155, p. 1753.
pares
Fall River Gas Works Co.—See Page 352—
Federal
the
Bake
directors
common
similar
ments
-Increase-
Amer.
Pwr.
stock,
&
Natl.
$9,974,072 $11,457,446
$1.57
$1.80
Pwr.
Pwr.
& Lgt.
Co.—
113,949
;
•
145,263
16,591
11.4
81,248
106,058
8,029
9.9
7,891
in
1941
were
include
was
made
follows:
as
and Dec, 31,
directors
each
have
stock,
a
was
Marbh
March
31
and
June
31,. June 30
30,
and
the
system
paries; iiqfc, appearing in both; periods.—V, ,156,, p.;
inputs
251.
of
any
com-
on
A
last.: Pay¬
Sept. 30,
25
year-end of 80 cents.—V. 155, p. 1677,
Smelting Co.—$1 Dividend—
declared
payable
distribution
on
dividend
a
Sept.
18
to
made
on
Mar.
quarter during* 1941.—V.
of
holders
155, p.
20
$1
of
and
share
per
record
June
19,
on
Aug.
.
the
27.
A
and
last,
In
2006.
Fidclity-Phenix Fire Insurance Co.—Earnings—
6 Mos. End. June 30—
prem.
Increase
in
premium
earned
842,720
355,043
190,778
$9,124,360
$8,510,874
7.517,433
4,446,034
4,133,160
4,388,804
4,328,250
3,883,337
profit— *$1,556,537
$350,076
$494,376
$435,974
1,887,240
114,977
1,605,680
1,522,524
92,913
184,426
176,291
$1,816,775
$1,772,263
$1,421,254
$1,346,233
$260,237
items
$2,122,338
50,615,645
$1,915,630
51,504,983
$1,782 207
46,360,302
*4,674
19,375
30,365
2)r7,802
8c
investment
Balance
inc.—
—
surplus Dec. 31
on
sale
bonds
21,802
——
int., divs. & rents
Expenses
&
1939
$8,122,290
963,724
—
Inv.:
Profit
1940
$8,865,917
$7,931,512
3,739,347
3,734.389
profit
Underwriting
Net
1941
$10,349,699
reserve
Underwriting
loss
1942
written $11,313,424. $9,967,080
unearned
of
1,909,688
48,647,375
stocks
<
(riet)
$46,615,864 $52,757,358 $53,450,978 $50,421,780
In
market
value
7.4
89,277
Lgt Corp.
declared a dividend of 25 cents per share
payable Sept. 30 to holders of record Sept. 15.,
Federal Mining &
Deer.
Pet.
1941
161,854
& Light Co.
Elec,
Shops. Ine.-^25-Cent Dividend—
have
distribution
cents each;
Net
Amount
1942
Operating Subs, of—
6,460,865
\ \.v;r-
A.
Assistant
Expenses
For the
week
ended
July 16, 1942, the System Inputs of client
operating companies of Ebasco Services Inc., which are subsidiaries of
American Power
&
Light Co., Electric Power & Light Corp. and
National Power & Light Co.,
as
compared with the corresponding
week during 1941 were as follows;
Thousands of Kilowatt-Hours-
$15,266,237 $17,918,311
—
r"wmon
-
.....
income
income
Eprni""'!
—v;
and
47,886,193
4,500,000
;
profits lax_—
$1.50
Losses
Fund—Asset Value—
Ebasco Services Inc.—Weekly Input—
taxes—
surtax...
and
Balance, income from utility operations
Other
than
51,080,943
estimated
tax
of
Underwr.
percentage of assets invested in stocks was 76.99%,
compared with 67.76%
on March 31,
1942, and 83.50% on Dec. 31,
1941, the balance being held in cash or invested in U. S. Government
bonds.—V. 155, p. 2276.
earnings from
taxes other
assets of, the Fund was held in cash,
27.8% in preferred stocks, and 35.79%
stocks.
On June 30
Operating
and accruals for all
the
bonds,
Eaton & Howard Stock
Detroit Edison Co. (& Subs,)—Earnings—
1942
of
in
The net asset value per share on June 30, 1942, was
with $8.65 on March 31, 1942, and $9.06 on Dec. 31,
to an announcement.
nually.—V. 156, p. 251.
reserve
the payment of
City, for
Y.
share has been declared on the common
stock, par $50, payable Aug. l to holders of record July 25.
This
compares with $1 per share paid on Feb..2, last; $2.50 on Aug. 1, 1941,
and $1,25 on Feb, 1,
1941.—V. 153, p. 394; V. 152, p. 676; V, 150,
p. 433.
•1
;
,■
Premiums
figures of rubber reclaimed, which for the years 1938 to
averaged 25,000 pounds, or 12V2 tons, salvaged an¬
12 Mos. End. June 30—
4.20%
invested
per
the first six months of 1942 the Fund increased the per¬
centage of assets invested in short- or medium-term U. S. Government
bonds from 5,76%' to 9.81%.—V. 155, p. 2276.
inclusive,
Gross
was
common
value
asset
During
to the presidential appeal to salvage old rubber, this
company has turned back to the rubber industry 137,636 pounds, or
68.8 tons, thus far this year, according to William White, President.
The results of the campaign for old rubber are indicated by previ¬
response
1941,
N.
"Accordingly, pursuant to section 6 (a) (4) of the Uniform Practice
Code, all transactions in this bond shall be "ex" this 5% distribution
and after July 21, 1942, unless otherwise agreed at the time of
contract."—V. 156, p. 252.
1
similar
share on June 30, 1942, was $14.77, com.pared with $14,96 on March 31, 1942, and $15.57 on Dec,.31, 1941, it;is
announced..
'
*
The
Delaware, Lackawanna & Western RR.—Salvaging—
ous
120 Broadway,
on
common
Eaton & Howard Balanced Fund—Asset Value—
$2,772,382
32.18%
In
13,
No.
coupons.
The
—.
District
immediately available at
are
for
is
The
1,651,781
1,310,923
Balance
the1 NASD,
funds
9,081
Cr2,803
—
preferred stock.—
for
calendar
Eastern Sugar
fixed
etc.
that
$50 for each $1,000 bond, representing the interest due on May 1, 1941,
and November 1, 1941, on the 5s of 1952, and that payments will be
made to holders of these bonds upon
surrender of the appropriate
The
taxes^
before
charges,
Fixed charges
14,692
&
income)
on
54,010
based on an estimated rate of 40% and
provision for excess profits tax is based on the Revenue Act of 1941,
—V. 156, p. 78.
4,281
23,057
0r4,568
15,039
on
•Provision
the
•Taxes (other than Fed.
taxes
income
$7,139,187
$3,414,703 $10,930,998
com¬
consol.—.
informed
stock,
""
panies not
466,395
charges—.
.—...—
charged to construction————
Dividends
$5,906,108
$910,651
53,429
expense
Miscellaneous income deductions——-—.—-
com¬
consolidated
revenues
9,326
465,798
;
interest...
$901,325
$774,056
——-
;
and
2~5~7~332
$770,336
3,720
—
interest
Interest
Net
Net
been
177,657
181,227
287,525
debt discount
on
449,724
19,672,540
25,640,603
9,790,161
assumed
192,860
75,500
:
—
long-term debt
on
Other
,
$19,659,597 $13,204,864 $36,571,601 $26,811,727
t.
.4—1..—...
—
————.1
Taxes
1942—6 Mos —1941
'
1,138,479
43,263
480,152
——;
taxes
Gross income
(& Subs.)— -Earnings—
1942—3 Mos.—1941
48,681
income
Other income
Amortization of
Delaware & Hudson Co.
1,274,561
resale—
depreciation
income
'taxes-:—
Interest
Period
$3,160,640
210,839
for
Excess' profits taxes
Other
1941
$3,328,820
:•
■:
——
purchased
for
Provision
-Earnings
1942
30—
;
expenses
Electricity
78..
Gross
June
Maintenance
$2,168,868
507,386
$1,060,283
———_
Federal
the
;
...
Ended
operating revenues——
•Federal
Dividends appiicbale to
of
Committee
.
have
ville to Morris Run,
Operating
560,000
88,075
■
Gross
$2,750,905
46,667
bonds...
and
int.
$229,805
46 667
income
mtge.
on
Other
new
a
f
2276.
See Continental Gas 8c Electric
658
14
„
Certificates,
health
Trackage Operation—
ties—Financing, Etc.—
$2,750,247
Other income
int.
:v''
283,288
$181,819
res.
oper.
52,373
*81,707
/■''V '
■
Eastern Shore Public Service Co.
Net
$84,093
*6,755
Eastern Kansas Utilities, Inc.—Acquisition of Proper¬
778.868
61,595
revenues—
Prop, retir.
$125,076
37,270
Elwyn Evans of Greenville, Del., has been elected a director of this
He is the President of the Wilmington Trust Co. of Wil¬
mington, Del., and a director of the Milwaukee Journal.—V. 155,
2,739,713
133 273
—
$141,801
company.
$7,224,928
taxes
and
settled,
1942—12 Mos.—1941
1942—Month—1941
expenses
•Federal taxes
,
(E. I) duPont deNemours & Co.—New Director—
p.
$671,064
revenues-—
1Q9Q
2,332
railway——
•Deficit.—V.
Dallas Power & Light Co.—EarningsPeriod End. June 30—
104/1
1—
from
Net
taxes.
Twelve months to date includes an adjustment of
$189,650 to bring the accrual for the five months ended May 31,
1942, to the basis of, these rates.—V. 155, p. 2365.
Operating
Operating
,
32,429
income
200,848
200,424
16,737
16,667
—
profits
Other
oper
provision for Federal income and excess profits
periods applicable to the year 1942 have been computed
rate for normal and surtaxes and a 94% rate for excess
lease....
the
40%
a
ry.
Gross
estimated
taxes for
accident
group
Practice
Uniform
"We
■
The ICC
$158,100
railway—
li
from railway—
Net
a/c
reserves
R.
•The
,
1Q41
1Q49
Net
Net
of
claims
156, p. 160.
Duluth Winnipeg & Pacific Ry.—Earnings—
388,482
;
announces:
Erie
Gross
Bond
' " '
Equitable Office Building Corp.—"Ex-Interest" Ruling
at book value (less reserve), $3,649,843;
cash
bankers, $24,587; sundry accounts receiv., $2,279; total, $3,676,710.
Liabilities—Accrued
43.925
$83,429
6,047
income
excess
130,835
5,379
holders
to
the
The
Assets—Investments
at
'
•
42%? during the period were made on
the basis of income payments to the beneficiaries over a period of,
years and other forms of optional settlements,—V. 153, p, 394.
the
2,407;
40,000
auditor's. fees
interest
9,995
2,500
3,000
695.
10,151
2,500
3,000
1,155
•
—
10,147
3,000
...
....
313.821
639,847
1941
$200,518
2,500
expenses
fees
Bond
238,294
Rental of leased prop...
Maintenance
State
June 30.
Total payments to policyholders and beneficiaries amounted to $108,300,000 in the first half of the year, including $4,300,000 paid but in
Of
1942
Interest, exchange, etc.
Trustees', registrar's 8i
$5,303,146
Operation
bus
high of insurance in force was reached June 30 by
total of $7,803,585,000 representing an
the first of the year, Thomas I. Parkin¬
son, President, announced on July 16.
Assets of
the Society
reached a new peak of $2,824,561,646 on
June 30, an Increase,of $84,000,000 since Jan. 1.
Purchases of U. S.
Government bonds during the six months totaled $279,499,215.
As a result of continuing efforts to get the properties back into the
hands of owner-occupants, the Societv reduoeci its total of real estate
acquired through foreclosure from $115,600,000 on Jan, 1 to $39,200,000
benefits
$194,117
salary
Directors'
1942—12 Mos.—1941
1942—Month—1941,
all-time
new
office &
Executive
Prov.
A
high for such payments.
Scottish Investments, Ltd.—Earnings-
Divs. int. and other inc.
(Including Cumberland Securities Corp.)
Period End. June 30—
$1,816,710
•Equivalent to 77 cents per common share.—V. 155, p. 2276.
Rent,
Cumberland
*$1,494,010
154, p, 244.
this
company,
the present
increase of $196,282,000 since
on
$45,739; accounts payable, etc., $70,115; accrued property taxes, $50,833; reserve for Oregon excise and
California
franchise taxes, $36,920;
reserve
for capital stock tax,
$13,800; reserve for Federal income taxes (less $300,520 U. S, treasury
notes tax series B-1944), $22,286; accrued property taxes, $174,761;
capital stock (63,500 no par shares), $6,350,000; surplus, $136,799;
total, $6,901,254.—V. 155, p, 1675.
,
1939
$3,650,404
Outside
$2,341,-
Liabilities—Accrued' payrolls,
Purchased
1940
197,745
income
Reserved
total, $6,901,254.
Operating
1941
....—
hone since.—V.
—Report—
1942
Oper. and gen. cost
Depreciation
accounts and notes receivable (less res.),
$56,813; timber and lands (less depletion), $3,-
inventories,
$184,922;
A dividend of 10 cents per share has been declared on the common
stock, par $1, payable Aug. 15 to holders of record Aug. 5.
On Dec. 10,
1937, a distribution of five cents per share was made on this is.vue;
Equitable Life Assurance Society of the United States
Ltd.—Earnings—
„
$194,255;
Assets—Cash,
record July 20.
30, last year; on Nov. 1,
$3,452,659
recovery
income
Other
$4.01
Sheet, June 30, 1.942
Balance
the
on
1 ■ to holders of
Aug.
on Aug; 30 and Oct.
10, 1938.—V. 155, p. 2456.
6 Mos. Ended June 30—
Total
period
Net profit for the
payable
$50,
par
amount, was paid
1940, and on Dec.
Dome Mines,
—
Net profit for the'period per
stock,
Electromaster, Inc.—To Pay 10-Cent Dividend—
Co.—$1 Dividend—
15 declared a dividend of $1 per share
7,803
108,000
common
3,940
.
excise, Cal, franchise and
Provision for Oregon
federal
The directors on July
$451,267
assess
Interest and non-operating property expenses—
•
Dolese &.Shepard
6 Mos.'42
—
«■.«««»~«*<*<,-f-n»•
■
.
.
3 Mos.'42
Period Ended June SO-^•Profit
of stks. & bonds (net)
Increase
Cash
Net
in
divs.
special
declared
2,726,645
1,279,570
7,679,697
4,581,019
13,357
Cr46,628
22,492
277,507
1,499,995
1,499,995
1,199,995
1,199,995
res.
surplus June 30- $42,375,868 $50,024,422 $44,548,794 $44,363,259
•LOSS.
-
;
.
„
.
.
-•
-
'
'.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
156
Volume
Balance
June
Sheet,
General
30
1942
1941
$64,793,278 $68,333,544
Real estate
—'
~~i--——Yl-iJ-Yuv
178,435
' 945,922
Premiums ifi course of collection-i-Xl—2,175,152'
2,282,677
•Interest & rents accrued-'—142,480
139,604
Cash
!—
4,922,223 . 5,158,968
Assets—
■Bonds
stocks
and
—-a—:
a
,Net-income after Federal income
Earned
provision
Total
a—
-
as
$72,211,569 $76,860,714
-
Liabilities—
•Unearned
premiums
of
Losses
in
Other
claims
Cash
Net
•'
852,750
expenses—__
capital
——
a
.
—
.
_____
—
155;
(
—
1,500,000
3,750,000
42,122,475
A
,
holders
of
of
Ended
Months
6
sales,
1,
.
last,
Orders
Net
and
sales
Income
profit on sales
—
admin, exps. incl. exp. applicable to
non-operating periods (less misc. inc., etc:)
No
profits taxes,
Mr.
from
been
amount
from
declared
1,
was
March
on
1940,
Dec.
on
to
1 to
and
3
including
and
17,
of
account
on
1937,
when
on
leave
he
first
156,
July 21
on
the
Aug.
no
for
1941
$
for
302,305,526 228,817,121
May
$1 per
excess
Earns,
I.
192,908
available
share
per
incl.
G.
E.
to
since
with
the
77,000,000
6
10,000,000
dividends—.——
20,681,433
26,003,665
$0.72
$0.90
Supply Equipment for New Steel Mill in
to
dividend
quarterly
15
for
pass
cumulative
$4
last,
of
holders of
to
the
the
present
participating
class
A
April
this
155,. p.
issue
15,
50
was
154,
on
the
and
last,
on
cents
quarterly
regular
V.
(see
also made
were
and
paid
company
class A stock
each
on
the
the
on
15
Community. Power
1191).
p.
stock,
common
Dec.
share
per
1941.
20,
made
on
2457.
Mos.
& Light
Co,—V.
155,
919.
p,
Shareholdings Corp.—Earnings—
End.
Interest
42,000,000
17,000,000
...
regular
June
30—
1942
1941
1939"
1940
Income:
$34,118
...
Dividends
additional
possible
23,845,927.36 shares issued
for
on
duties
payable Aug.
advisable
the
on
cents
Jan,
payment
General
6,488,701
78,003,665
profits taxes
income......
on
4,603,134
___
.
...
it
15,
share
10
on
15, 1930.—V.
See
.
71,514,964
114,681,433
net
and
conting.,
corporation
General Public Utilities, Inc.—Proposed Merger—
412,383,825 300,332,085
..a.
;
a
declared the
deemed
and
previous
Apr.
$
110,078,299
_
inc.
the
present
value.
16
value,
par
865,372,069 521,138,605
sources,
Fed.
from
his
preferred stock,
dividend
any
par
Feb.
On
but
1,
payment of
stock,
The
—
—
assumed
Advertising Co.—Defers Class A Div.
on
dividends of
162.
—
other
absence
of
253.
p.
share
per
record
$7
Co.—Earnings—
sales
Federal taxes
$780,531
108,721
been
when
directors
$1.50
Total
1,199,606
;
February,
War Department.—V.
The
payable Aug.
paid
was
Nov.
payment
——
income
Profit
Gross
has
Horner
last
no
„
from
Provision
1941
$1,980,137
$565,965
on
like
A
quarter
previous
billed
Provision
Selling &
*
each
has
cumulative preferred stock,
25.
July
The
share
per
the 7%
and
received
Total
1,164,858
goods sold,- incl. freight
1942.
the company will not be subject
that
Costs, expenses and other charges..
Page 352—
1942
allowances-—$1,730,823
30—
June
discounts
less
$0.03
in
excess
6 Months Ended June 30—
shipments
of
Cost
for Federal
50%
as
Distributions of
Florida Portland Cement Co.—Earnings—
Gross
of
C. Horner, Assistant to the Chairman of General Motors
transportation matters, has left that position to give his full time
Chief, Highway Transportation Division,
Transportation Service,
Service of Supply,
United States War Department, It is announced.
on
253.
p.
per share was paid.—V. 156, p.
first mortgage bonds,
of 5%
rate
the
1942
Finance Co. of America at Baltimore—See
,
156,
General Electric
$91,000
at
were
the company
$1.75
on
1,'1941.
Income
:
of
record
May
Nov.
due March-1, 1949,
have been called for redemption as of Sept. 1, 1942, at par and interest.
Payment will be made at the First National Bank & Trust Co,, cor¬
porate trustee, Minneapolis, Minn.—V. 155, p. 2277.
total
dividend
accumulations
$72,211,569 $76,860,714
Federal Screw Works—Bonds Called—
A
taxes
at this time
taxes.—V.
389,122
$0.29
common
by
anticipated
802,281
General Outdoor
900,000
2457.
p.
is
on
income
made
was
taxes..
Frederick
General Cable Corp.—Accumulated Dividend—
1,043,950
3,750,000
49,547,605
&
surplus
v.
such
,3,262,740
taxes
for
Official Resigns—
June 27, '42 June 28, '41
$1,734,880
$555,889
$18,190,476 $16,856,419
a
__
Total
]
____
adjustment———.
a-Y
4,895,868
—)
—900,000
dividends_l__A—r-i—-1——-—-—•
1,500,000
process
Reserve 'for
Reserve
j—_———a—i
it
to
-
-
——
share
per
Note—Federal
t
——-
-
-
Baking Co.—Earnings—
26 Weeks Ended—
Net income after depreciation-....
.
—-—
341
$4,164
352,738
433,464
356,276
346,633
$453,215
$375,320
$350,797
38,247
52,696
49,061
37,023
38,185
37,540
4,483
___—
...
42,005
36,414
expenses
Interest
8,306
13,274
Taxes
Refund
of
prior
17,694
year's
taxes
Brazil—
$19,044
$386,856
income
General
$19,751
Cr5,843
___—
"
$457,244
provision for Fed. inc. taxes
Net profit before
$587,623
Orders
for
worth
dollars'
million
several
of
electrical
equipment
'
Six
months
in' the above profit and loss accounts and
for depreciation and depletion were as
YY"'/Y'
■J..'
ended June 30, 1942
$85,267 ..
Six
months
ended
Note—Charges
finished
in
follows:
—V.
Y.v'
155,
included
cement
the
inventory
to
.
85,696
194V--.---.—-———
30,
Major
be
1834.
p.
Florida Power
erected
Operating
expenses—..
taxes
538.470
6,745,735
6.138.108
The
102,711
1,044,343
1,343,737
ordinary
dividend
of
85,768
78,647
968,590
v, 909,693
175,000
158,333
2,000,000
$403,640
$422,747
$5,526,492
$6,111,384
220
■
—4
______
''
••
„
•
ir; plant ' (net)
Dr8,376
1,007
10%..
151,
income
Gross
Int.
on
mtge.
Int.
on
deb.
$422,967
$5,527,499
!
$404,340
______
Y
.
:
,
declared
36,606
bonds__
110.000
.Other int. and deducts.
Int.
charged
to
con¬
216,667
.
1,320,000
'
414,943.
17,061
Net
Crl.703
Cr51,402
;
■
■
extra
Balance
$
$49,515
profit
1,153,008
applicable to preferred' stocks__l___'_-
♦Includes
the.
to
155,
$246,764
amounts
2458.
p.
.1
,
for
.
'
.
'
Period Ended June 3d—
i
Total ry.
Ry;
;
expenses.——
oper.
Ry.
<
income___^
oper.
$14,942
-
;
Act
:
73,975,350
;
...
440
income
CO
t-
oo
oo to
18,265,269
17,858,310
13,558,651
265,710
320,728
488,019
9,138,015
6,779,428
18,179,038
14,046,670
2,189,587
1,578,681
4,357,879
3,116,442
758
div.
$11,325
$84,749
inc.
2,352
Total fixed
12,699
9,033
16,974
9,294
76,242
Other
3,396,354
—
*Net income
♦Deficit'.—V.
-v
303,523
230,464
2,033.240
4,454,247
3,180,686
2,929,554
3,016,150
5,667,035
7,519,078
153,152
168,750
337,500
of
25
cents per
declared on
Feb. 1, 37%
follows:
.
.
.
:
,
5,329,535
7,181,578
;
2,760,804
$0.54
$0.53
(5,251,440)^
a
$1.37
$1.01
A-
tProvL-
provisions of the Internal Revenue Code.
under
stock,
Thomia
-
this
of
J.
Knapp
was
Total
•
Co.
will
also
'
elected as
supervise
&
of
materials
have
declared
a
The
directors
have
voted
to
submit
to
—
stockholders
—
a
proposal to
of its interest in Holtzer-Cabot Electric Co., Roxbury, Mass.,
wholly owned subsidiary.
A special meeting of stockholders will be
called in August to act on the plan.
The Gamewell Co acquired Holtzer-Cabot Electric Co. in 1929.
One
dispose
•of
the latter produces fractional horse
annunciators and hospital call systems.—V. 155, p. 1510.
three; principal
power
motors,
subsidiaries,
Vice-President and director of research of
'General Mills, Inc.. has resigned
to become-Vice-President,, director
and chemical director of the -General Aniline & Film Corp.,
control
of which was taken over this-, year by the U. S. Alien Property Cus¬
todian,' Dr. Williams before goine to General Mills was Vice-President
'and Director of Research for Shell Development
Co. at Emeryville,
Dr.
E.
Calif.—V.
1941
$52,632
C.
Williams,
155,
p.
1678.
inc.
Fed.
taxes
13,781
$1,0461082
amortization,
\;Yv
90%
and
——!
—
$62,794
$66,412
$59,970
11,041
7,911
$54,368
$55,371
50,062
-
unrealized gains
and
of
$70,584;
owned
Sheet, June 30,
Liabilities—Shares
.'surplus,
$1,530,162;
quoted
losses
net
The
unrealized
income,
47,788
been
B.
interest
par),' $404,523;
($1
payment,
July
or
at
$480;
June 30,
total,
1942
Film
Corp.
chips
steel
total and
The balance
of
the
for
war
was
announcement
quarterly of
at
July
1,
$1.50
1942,
share,
per
amounted
to
in
above.—V. 155, p.
charge
of
for
The bank
1599.
the process
pounds of the non-ferrous
8,405,846 pounds of iron
and steel
every
concluded.
not
be
carried
of
retirement
all
out unless
concurrent
provision
of corporation's bonds.
were
However,
thq
loan
2%%
year,
per
runs
for
annum
in
a
period of five years with interest ranging
the
first year to
3%%
per
annum
in the
and its terms require that a minimum of $200,000 shall be
pledge of corporation's holdings in common stocks of California Water
Service Co. and San Jose Water Works, but the loan agreement pro¬
vides that the banks may,
of additional
war
The
was
:
of
scrap
and 517,671
last pound of unused metal In its plants,
by Boise Water Corp. and the placing of the bank
interdependent, and. if they had not both been successfully
were
the
would
corporation
still
be
facing
the
debt
of
$2,832,000 maturing on June 1, 1943.
The conclusion of these transac¬
tions has measurably improved the position of the corporation by re¬
The
manu¬
total.
under certain conditions, require the deposit
collateral.
financing
consummated
manufacturing,
in
towards the further reduction of this outstanding
proposed first mortgage financing by Boise Water
loan
moving
accumulated
Explains
applied in reduction of principal In each year with the balance of
,$1,300,000 falling due in 1947.
The loan is at present secured by the
aluminum.
scrap
3,203,388
use
Arrears
1919.
•
pounds of non-ferrous scrap came from dismantled buildings and dis¬
carded tools, dies, molds, machinery, etc.
General Motors is-conducting an intensive drive to unearth and make
available
p.
system.
1834.
facturing materials of war accounted for 69,134,932 pounds of the iron
and
155,
regular
a
1931.
1,
indebtedness
loan
other
and
share on
preferred
year
Corp.—Large Scrap Shipments—
Vice-President
non-ferrous scrap
per
convertible
permitted Boise Water Corp (which see) to. complete its 203%%, first mortgage financing, to apply $750,000 to the reduction
payable to corporation and to deposit with the trustee
securing its. bonds
the sum of $200,000 for improvements to its
the
market
on
155, p.
could
the
of
$1,473,745.
based
$3.57 per share.—V.
looking
through
financing
denrer.iation of securities owned (Dr)
$19,341; due brokers for shares re¬
reported
that, shipments of iron and steel scrap totaled 77.540.778 pounds, while
3,721,059 pounds of non-ferrous metal scrap were shipped.
Most of
the
cumulative
management was successful in consummating a loan of $2,100,000 from
two banks in California under very, liberal conditions.
The placing of
July 20.
on
Kunkle,
dividend of $1.50
a
$6
For reasons entirely beyond the control of the management that
made
capital
metal shipped from 90 General Motors plants engaged In
totaled 81,261,837 pounds for the month of June, it
D.
the
on
payable Aug. 15 to holders of record Aug. 1.
A
paid on Feb. 16 and May 15, last, and on Nov. 15,
1942, provision was made for the retirement of all of the
2,
made
maturity
1942
production
-announced
and
approved
and such bonds have been called in accordance with the inden¬
ture, .for payment on Aug. 1, 1942.
The last annual report contained a reference to progress which had
;
General Mills, Inc.—Official Resigns—
Scrap
declared
July 22
on
was
on
On July
from
General Aniline &
were
1943,
$1,473,745.
trust
assets of the
amounted to $1,446,587,
General Motors
rates
value,
previous
made
last
See
which
tax,
Ralph Elsman, President, In a letter to stockholders, July 17, states:
market prices, $1,387,206: cash
bonds, $6,652; dividends receiv¬
for Federal capital stock tax,
reserve
Note—The
values
profits
excess
for normal
$2,832,000 15-year 5% first Hen and collateral trust bonds, due June 1,
deemed, $2,251; dividends payable, $24,271; accrued miscellaneous taxes,
.
at the rate of 45%
made
Loan—
securities,
on
$690; total,
suspense,
beneficial
of
undistributed
$507,439;
at
interest on
accrued
accounts in
tax*.
Y'
accumulations
par
no
Corp.
$8,612;
profit
excess
Passing of Preferred Dividend—Obtains $2,100,000 Bank
$52,059
49,928
or
-
Assets—Securities
$6,707,000
'
has been
for
t$514,790
$72,958
$1,690,900
tlncludes
General Water Gas & Electric Co.—Company
12,440
8,425
Balance
able,
141,000
300,000
—
amount
was
$47,530
17,137
1
including realized
,in .bank,
642,500
17,440,000
_______
•' % :
1941,
1940
1942
.
.-a-.—-a-—U'"
a—
Metal
General Aniline & Film Corp.—New Official—
•468,414
Accrued Dividend—
like
dividend of
of Unit
♦468,414
for contingencies-
stock,
;
•
capital expenses.
or
and
Schmidt Brewing Co.—2-Cent Dividend
Gamewell Co.—To Dispose
,
.
income
♦Not
.......
shipment
the
♦468,399
est.
Trust—Earnings—
income
♦Net
was-made
two cents per share oh
-the common stock,, par $1, payable Aug. 15 to holders of record Aug. 1,
..This compares with five .cents per share paid on Dec. 20, -1941, and
2V2. cents per share on Dec. 20, 1940.—V. 151, p. 3395.
, ,
\
directors
The
•
$45,657
bonds
on
Dividends
Assistant Vice President
•
$108,618
395,811
of real
taxes
account
'
$156;
Fuhrmann
:
the
,
supplies to
Cuba for the-$20,000,000 nickel plant and facilities which Nicaro is
building and-will operate for the U. S. Government, as well as the
shipment* of sulphur and'manganese,—V. 155, p. .1753.:
•
,
Nickel
dividend of 40 cents per share on
paid.—V. 155, p. 1834.
Expenses
Assistant Vice President of the
subsidiaries, Cuban-American Manganese Corp, and Nicaro
who
Knapp,
company^
recently
'
company.
Mr.
a
6 Mos. End. June 30—
^
_
$541,372
by the House July 20, 1942.
'
Income—dividends
^
Freeport Sulphur Co.—New Executive Officer—
l,
»
„.
5,785
$2,942,799
598,478
for probable addi¬
..surtax
value,
par
no
General Investors
dividend of 25 cents per share,on,the
April 1, 1942.—V. 155, p. 2278.,
$102,833
11,419
37,156
$61.50 per share.—V.
stock,, par $5, payable Aug. 20 to holders of record Aug. 5.
•This represents the quarterly dividend ordinarily payable July 1, 1942,
but which was deferred.
The previous quarterly payment of 25 cents
on
$529,954
600,167
Note—Provision
the common
'common
twas made
$2,930,680
.12.118
"$3,530,847
826,975
•Includes
Fox Brewing Co.—Dividend Resumed—
(Peter)
$701,311
$9,971,713
amortiz,_
sale
tLoss.
'
Interest
The directors have declared
$1,122,349
592,395
$9,181,894
tional
payable Aug. 15 to holders of record
July 27.
A similar distribution was made on this issue on May 15,
last, prior to which regular quarterly dividends of 50 cents per share
1 and Oct. 31, 25 cents each,
cents; May 1, Aug.
$4,50.—V. 155, p. 502.
1939
1940
1941
1942
$9,144,738
income
stk(
com.
directors have declared
The
;
-stock, payable July 31 to holders of record July 25.
A similar distribu¬
tion was made on Feb, 1 and April 30, last.
Payments in 1941 were as
and Dec, .30,
share.
per
Prov. for Fed. and State
•
-common
share has been
$25
337,500
2,847,400
168,750
Y
40-Cent Dividend—
were
dividend
of
Corp.—Earnings—
Castings
income
on
Prov.
ing taxes.
Fort Worth Stock Yards Co.—25-Cent Dividend—
A
$19,411,541
value
stated
1919.
p.
154,994
,151,357
2,159,247 ;
possible inventory writedowns and other contingencies includ¬
for
sion
$18,302
$526 .V
155, p. 2457.
.
155,
operations^
The directors
$7,761
$924
—_
Steel
interest
Loss
'
'
shares of
par
Profit
pfd,
on
sh.
per
outstdg.
80,582
2,111
charges—*
Misc. deducts, from
no
value.—V.
par
and
Deprec.
Net profit
$71,574
'
$17,777,031
$1
from
Bond
profit
Earn,
2,397
$14,126
income—.—
1,602,420
11,723,432
and
—
♦Computed
Total
1,602,424
10,396,705
*
Profit
profit...
for
Net
Dr329
Profit
profits
inc.
stoek
$69,177
Dr375
stock
General
17,687,043
6,513,718
4,235
$83,991
28,482
54,662
2,268,750
2,268,750
♦Represented by
Prov.
"Net
Prov.
$73,412
1:1
foreign
taxes, etc.
tax
a—___
exc.
_____
10,783
48,336
;
expenses,
stock
tShares of
211,009
profits tax
fProv. for conting.....
1942—6 Mos.—1941
'' $284,961
233,776
197,397
15,845
14,153
<*> CO t-"
etc. :
contingencies,
'
* $337,498
1,368
-
Estim.
...
$11,654
__——-
S.
$3,700,000
33,795
41,100
,
1,706,475
$13,022
58,932
cash_;
against
Total
;
' "•
9,062,585
i
'
-
loaned
payable,
for
tCommon
58,260,982
8,927,006
contin.
surtax)
U.
18,411
$3,350,000
securities
provis.
&
28,482
$17,777,031 $19,411,541
♦Preferred
8,991,539
Sy inci
U.
(incl.
.
.
taxes
29,400
14,783
1
of
-..-...a-
before
for
1941.—■
$14,501
income.
oper.
ry.
Other
Profit
.♦Estim.
870,251
sold_„
loans
Reserves
,v
;'r'"
•
operat.._<
from
450,000
32,932
,
■'
consol.)
income
♦Est.
I
Net
of
Gloversville RR.—Earnings—
Dr__
rents
Net
accruals..
tax
Railway
;
j.
.
V'"
.
Revenue
1942—Month—1941
$57,027
$49,303
39.209
33,842
2,876
• ••
2,439
revenues
oper.
;
*
.
the
under
)
'
•
Johnstown &
Fonda,
$1,654,651
the
required
Profit,
Other
Federal taxes of $25,694 for the current
12 months ended June 30, 1942, addi¬
for
provisions
and
tional
•v.
1,153,008
$127,556
Balance
month
securities
6 Mos. Ended June 30—
..
Dividends
from
Surplus
'.V
of
losses
or
subs, .not
1941
432,503
securities purchased
'
$2,807,659
stock.
common
850,040
receivable_____^_______
for
89,506,676
44,257,180 110,098,929
54,252,558
and
prop." share
securities
_______
interest
and
for
"
income
Net
Government
Total
$
,
(incl.
cash
in
30
Special deposits for dividends, etc.
sold, incl.
.and other chgs."\.:
exps,
272,250
1942
U, S.
_____
Dividends
1
freight chargesY—36,334,013
28,680,877
admin. & gen.
' vY/Y;' ■I'-YY'yy
♦
Sheet, June
$252,345
t$272,157
$16,446,773 $18,014,998
in
Receivable
1942—6 Mos.—1941
$
•Selling,
'v
f271,703
stock.
common
f$271,686 in cash and $17 in
Due
1942—3 Mos.—1941
1
...
for deprec.
prov,
Cr47,502
$1,280,564
sales
Cost of goods
230,227
$100,030
struction
"
stock,
$271,165
t272,160
in
Liabilities—
Period Ended June 30—
2,600,000
•1,320,000
28.158
$1.85
Investments
YyJ'Y: (Includes wholly-owned subsidiaries in U, S. and Canada)
$6,910,384
2.600,000
110.000
216,667
bonds____
$5,564,105
and
Due
4
$365,881
♦272,189
___
cash
$3 in common
Dividends
General Foods Corp.—Earnings—
,
807,376
$442,055
in
Investment
an
$307,712
dividends
Assets—
253.
p.
and
;
'
"
,
income
♦$272,187
Bank
$6,103,008
19.088
700
(net)____
income
'
$403,640
Operating income—_
Other
V
;
Net
Preferred
1143.
p.
^
*"
this, country.
The new steel mill will
cost of $50,000,000, according to Major
1,950,000
of
lease
Brazilian
dividend of 7%%
on
the
shares, par £1, in addition to the usual annual
Like amounts were disbursed on Aug.
29, last
has
company
year.—V.
revenues.-
from
156,
registered
taxes
oper.
Brazil.—V.
119,238
appropriations
Net
'•
\
the
in
now
estimated
an
of
engineer
General Electric Co.j Ltd.—Bonus of 7V2%—
Prop, retirement reserve
Rent
at
electrical
Jr.,
for
America
according
project is being built by the National Steel Co. of Brazil at Volta
534,602
1—■
South
Cash
$1,300,908 $17,285,160 $16,452,922
$1,318,248
revenues—
in
1942—12 Mos.—1941
1942—Month—1941
Operating
Other
Berenhauser
Carlos
Redonda,
Light Co.—Earnings-
&
Period End. June 30—
steel producing plant
modern
Berenhauser.
The
"♦Federal
most
and
Purchasing Commission,
.
June
largest
have been placed with the International General Electric Co.,
this threat to its financial stability.
minimum annual payment in
$200,000
,
reduction
of the
prin¬
be provided for out of cash realized from the
sale-of assets or, in the obvious alternative, out of cash income.
The board of directors has determined on the sale of certain assets,
but the interests of stockholders require that such realizations be not
of the
cipal
loan
may
■
effected under
pressure,
particularly during the present difficult times.
The
arrangements now completed will permit the management to carry
out
the
would
plans of the board on
otherwise result,
a
much more advantageous basis than
THE COMMERCIAL & FINANCIAL CHRONICLE
342
earnings of subsidiaries,, despite: increased
satisfactory level but conditions arising from the
as the imminence of very substantial retro¬
active Federal tax increases and the financing of capital requirements
of subsidiaries in the war-time economy will result in reduction of the
current
The
national
In
cash
first
provide
of
will again review
Exchange Commission has provided, in its order
the bank loan financing, that no dividends may
"de
shares of common stock without
on
of payment of dividends on common
sideration
and
loan
the
of
status
of
not necessarily preclude
This does
stock dividends.
the corporation's
of
The
v.
.
,
..
„
of
the
the
156,
in addition to
$717,952
;Aug.
1.
A
share
June
23
and
were
declared
extra dividend of
an
15
cents
.
per
362.
p;
paid-.
President
of
F.
Subs.)—See Page 352—
Net
the
limits
permitted
evidential
Co.,
Akron,
added
stated.
O.—Increases
'
provided
$6,770,000
to
M.
at
reserves
the
of
end
the
Including contingent and miscellaneous
is
East.—V.
Far
156,
20
'
'
.
also
made
for
connected
15
Aug.
10
cents
of
$10
Granby Consolidated Mining, Smelting & Power Co.—
record
have declared
tions
of
cents.—V.
15
14.
five
cents
the
the
the
retirement
many
General
of
record
for
H1.
of
L.
Manager
shares
Harvill
the
*
of
McNamara
the
for
and
few
past
share
per
and
June
1, last/ special
in
made
were
addition
to
distribu¬
the
regular
Period
Ended
Mr.
have
Tracy
Colonel
years.
155, p.
its
2095.
'
registration
*
June—
1942
from
Net ry.
Net
ry.
—V.
1940
1939
$2,686,570
$1,939,996
$1,677,231
963,977
548,022
695,976
,
155,
431,327
'•
•be
served
In
Chair¬
and
been
1
15,269,264
12,363,894
(2-4890)
5,043,176
3,036,131
1,648,057
3,496,395
1,794,891
„
e
/
July
issued
13
©f
of
retirement
$285,000
held
its
total
by Greenwich
indebtedness
Water
in
System,
Fiscal
Year
Ended
the
1942,
shares
six
for
-
.
of
June
1942
of
of
quarter,
and
period
corresponding
18,
been
Sept.
paid
15
$49,195,084,
each
and
Oct.
month
of
addition
12
»
July
on
• ••■.."
monthly distributions
is
and
•
year,
of
to
issue
petitioned
$3,000,000
the
-
first
Indiana
mortgage
principal amount
Inc.—V. 155, p. 2457.
.
The
40
S.
P.
bonds
comprising
Dividends
Other
Total
portfolio
shares
on
income
Total
amount
July 16
on
declared
a
stock,
common
A like
May 31
payable Aug. 31
paid on this issue
was
$64,593
2^933
trusts__
income
pfd.
on
beneficial
$50,103
in
.
1941
of
net
resulting
loss
45,653
of
portfolio,
$1,080;
$884,544;
investments
in
comprising the
$26 158" accrued
$767reStt ta"d$9d16d62TdS receivable' $4'031: due lrom affiliated
Liabilities—Accrued
and
$167;
expenses,
Federal
ownership, $915,236; total,
State
and
Federal
provision for redemption of
taxes
taxes,
withheld
$530;
Magee Scaife.
committee
since
member of
a
1940,
has
been
the
board
elected
of
of
man
well
Air
as
the
Pittsburgh
the
of
Mellon
Reduction
Co.,
Waynesburg RR.—V.
(M. A.)
;
President
Coal
of
Co.
National
beneficial
1,
Divs.
155,
Hanna Co.
(&
Vice-President
Period Ended June 30—
Net
income
Int.
on
after
Scaife
Co.
and
a
director
of
and
of
these
the
former
companies
1942—6 Mos—1941
$1,243,616
$2,995 714
to 100,0,
3,516
3,938
7*313
*79o!579
8,156
♦617,357
_________
Net
—
and
Deprec.
1
300,425
Common
per
Means
161,364
395,170
248,262
1,016,961
share____
$0.85
taxes.—V.
are
estimated
and
155, p.
106
$105,000
the
on
include
rates
interest.
and
Boston,
trustee,
45
will
Milk
St.,
(
C
^
>n
I
4
■)
1,016,961
$1.23
th*
t
w''**
ys
excess
sns nnn
3V4%
made
Boston,
at
The First
Mass.,
to
and
including March
before 30
or
sum
a
or
at
155
not
cost
of
Definitive
1,
1954,
Will,
v
305
bonds
on
$10.
to
or
the
ordinarily
A
•
5,670 "
"
'
- w
' 1939
•
>
$103,325
9,348
$99,138
:
.
11,876
'
'4,295
1
of
39J.
1940 ;
•
$96,754 ^
•
pay¬
distribution
July 16, 1941, as
on
153, p.
1941:
'
11,231
4,938
$83,111.
" 50,260
accrued-
or
Balance
2,903
V
$86,510
'
56,150
Sheet
June
:
from
66,600
1941
$73,534-
$20,336
20 597
Z2__IZv
$85,002
'
-
1942
brokers_____r.rt___-—----
^
4,81 L955
$4,120,300
i
,
4,026^168
$4,832,291
"
.
14
expense
503,200
'
563,200
-
2,968,980
operating
income__:
3,627,342
651,491
666,859
Dr3,385
Dr25,110
$4,120,300
$4,832,291
_________
stock
shares in
*600
•
-
...
f
60,220
30
-
-
Liabilities—
1942
and
4,100
shares in
1941.—V.
1600.
155, p.
in
Intereontinent Aircraft Corp., Miami —New Control-
will
See Vultee Aircraft,
Inc., below—V.
154, p. 1149.
.
before
International General Electric
commencing
year,
pay
exceed
amount
an
sufficient
See General Electric Co.,
corporate
i
1 of
to
International
each
Co.—Large Contract-
above.—V. 152, p, 1131.
the
d
,
?jmk
new
buildings
corporate trustee
known as "Vista
The
Gross
value
of
embark
(uoon completion of the build¬
The
founded
Shepherd
was
Charity of
of
vert.,
smelting,
refin.,
Operating
costs
Operating
Total
1,382,146
.T"
1,807,161
2,945,703
3,285,168
■
$696,960~
$718,2~54
$1,466,590
the
Act
"death
and
sentence
was
handed
report-and
oral arguments
clause"
of
the
down after
the right to
the
Public
and briefs.
a
Utility
company
submit
Holding
had
proposed
waived
findings
'
:
declaration of trust in 1929 under the laws
ordered by the SEC to "proceed with due dili¬
to submit to this Commission a plaii for its liquidation and dis¬
4,028
14,621
$700,988
$1,481,211
$1,263,214
124,937
169,422
269,740
139,019
328,401
234,409
$417,557
$392,547
$883,071
-
$693,028
•s,:,$1.89
..
on
335,778
185,119
of
Brunswick.
The
,
for U. S. Fed.
„
Canada
$0.90.
and
$0^3
Republic
of
Mexico
$1.46
•
taxes.
income
was
•<
'
'
1
A
T
"
third
business
Co.,
an
utility
electric
company
operating solely in
Canada, in the Provinces of Quebec, Ontario and New
./
'
•
part of the system consists of four subsidiaries carrying
principally in the State of New York and to a'lesser extent
•.
.
.
in Maine and New Hampshire.
Two of these, the Hudson River Power
and System Properties. Inc., engage principally in the generation
hydro-electric energy which.is sold at wholesale.
'
" ' f
As of Dec. 31. 1941, International Hydro-Electric- had-* investments in
Corp.
of
-
'capital stocks of subsidiary companies aggregating $79,768,414, and' in
"addition, carried other investments in subsidiary companies to bring
the
1679.
Power
'the Dominion of
19,063
$727,613
'Gatineau
$1,244,152
9,359
taxes
p.
consolidated
,
income
155,
a
$479,737,885, was ordered July 21 by the SEC "to
of liquidation leading to dissolution."
by the SEC was issued under the corporate simplification
,
$4,529,320
income—
Dominion
—
system with
"
2,433,529
$4,412,293
1,549,425
•-
_
Earnings, per share__,,.
—V.
3,213,944
$2,504,121
1,485,832
metals
Income
♦And
a
-
profit
Miscellaneous
Directs
of
The System, created by
gence
$6,962,849
$2,100,399
of
SEC
solution, in a manner consistent with the provisions of the said Act."
However, because of the complicated state of affairs surrounding the
system and its operating subsidiaries,. the SEC ^directed that each step
toward compliance with the order be passed on by the Commission in
order that the interests of all parties involved be protected.
,
'
The" system consists of .three separate and substantially independent
parts, the SEC 'found', W.the' operation of none'of which the top com¬
pany was found to be essential or even a desirable adjunct.
One part is the'New England
Power Association also a registered
'holding company," which controls, directly or - indirectly, electric and
gas utility companies operating in Massachusetts, Rhode Island, Con¬
necticut, Vermont and New Hampshire.
A
second
part of the system consists'of properties held by' the
.con¬
.
value
—
program
'of Massachusetts,
freights,
sold
Net
$4,053,547
fact,
,r
metal
$7,626,237
System
Nothing for Them'
top holding company of
examiner's
trial
a
a
of
'Company
1942—6 Mos.—1941
1942—3 Mos.—1941
on
order
section
Good
$3,586,231
Market.,
company,
capitalization
.
Howe Sound Co.- -Earnings—
Period Ended June 30—
income
!
the
will be $1,031,108.
of
Hydro-Electric
Dissolution—Company Said to Give No Aid to Subsidi¬
redeem
aries and "Does
of
.*•
♦Provision
oi,
thf
dividend
par
Total
pay¬
payable
days prior to March 1 and Sept.
to
construction
Depreciation
/
wri«
N»tinn
p
the
etc;
as,proposed~bv
paid
Undistributed
who
is represented
by a United States Visitor General.
Thev are
represented in about 40 Archdioceses and Dioceses in the United States.
Net
Co.—Debentures Called—
be
on
deposit
323,078
496,375
$1.49
National Bank & Trust Co., in Hartford, Conn.—V
1943,
may,
$1,572,544
y $J35>000 of
30-year
Payment
223,421
1,016,961
approximately
1836,
of
$1,795,965
322,840
498,325
debentures
1941
1971, have been called for redemption as of Sent
Sept.-1,
of
of
total
197'822"
363*092
$0.65
Committee
1,
sold
$1,834,730"
161,539
.
249,987
1,016,961
Hartford Electric Light
A
$2
113,920"
$825,333
outstdg.
taxes
♦Federal
profits
paid—
paid
diys.
$939,253'"'
200,041
$1,029,871
___
Common shares
Earnings
$1,229,912
__
depletion-
income
.Preferred divs.
and
as
$1,850,785
Balance
America.
of
will be
in¬
Insur¬
Insurance
■
Inc.—Earnings—
,
$71,935
Condensed
Due
in France in
1641 as the Order of Our Ladv of
the Refuge.
The first
foundation of the Sisters of the Good Shepherd in America was at
Louisville, Ky„ in 1843.
Membership and work of the Order increased
steadily.
It is now divided into six provincialates, each under a pro¬
vincial superior and subject to the jurisdiction of the Superior General,
.
■
the
on
stock,
15, 1941.—V.
V 11942
corporate
form in denominations of $1,000, $500 and $100, registerLouis Kuehlthau, West Bend, Wis., co-trustee.
History—House
Chair
chgs.
taxes
interest
Wis.,
principal.
ing project)
long-term debt-
.Federal
the United States
and
Appraisal—Total valuation of security
ahovc
Account
1942—3 Mos.—1941
principal
Bend,
Maria."
finance
Subs.)—EarningsIncome
Both
West
of
a
is
of Phila¬
National
^
Total
Principal and interest
1, 1954.
Bank
as
Williams
Lumbermen's
Jan. 14, last, and
on
.Investments:
$10,000 additional bonds.
,
Bank,
Consolidated
National
:
Williams
Mr.
~
action1
common
made
was
Assets—
Feb. 28,
on
E.
/•''■;
•
no
the
income
•
.
Purpose—The net proceeds will be paid out by the
directors
taken
on
"
Net
155, p. 601.
1942; due Sept.
First
of
money
to
1,
of
registrar.
coupon
year,
the Pullman Co
Pullman
Inc
A. M.
Byers Co.
and the' Washington
&
p. 2184.
~
Inc.,
and
toward
the
is
office
as
tion
$38"
.
former
Scaife,
compared with 30 cents per share
2.
for
sinking fund a sum of money equal to the required
sinking fund retirement on March 1, next following.
Also, the corpora¬
salarv
corporation.
Mr.
at
March
Gulf Oil Corp.—New Vice-President—
Alan
as
Sept.
trustee as and for a
paid
scrip outstanding, $650"
$916,621.—V. 154, p. 151.
'
16
Taxes
dividend of 40 cents per share
to holders of record Aug. 12.
on
Feb. 28 and May 29, last,
Sinking Fund—The corporation covenants that it
30 days prior to the first day of March of each
trusts,
accrued
dividends
on
common
-
10,414
♦Treasury
be in
trusts,
■ '
.
the
stock
lawful
securities
affiliated
1941,
share
per
record
including March
financial, business and
Surplus
able
stamps, $41;
revenue
'
David
and Philadelphia
$88,018
Capital
trustee
Balance Sheet, May 31, 1942
Assets—Cash,
29,
cents
and
Warriner.
latter being
,
July
Capital
able
$42,168 in 1942 and net gain of $1062
from sales of securities comprising the
portfolio.'
.
.
Nov.
on
Dated March
42,286
of
of
D.
numerous
the
among
6 Mon, End. June 30—
funds bonds at 101 and interest—
ownership
_____
25
since
National Bank & Trust Co.
director of
a
have
directors
ing $215,000 first mortgage 3%, 31/2% and 3%% sinking
17,275
$52,228
■____
paid
Exchange
Assurance Co.,
1837.
House of the Good Shepherd (Detroit, Mich.)—Bonds
Offered—B. C. Ziegler & Co., West Bend, Wis., are offer¬
$67,381
shares
♦Exclusive
887
16866
Mutual
about
.Accrued
902
$68,294
expenses^,
Corn
election
Samuel
Expenses
$65,592
767
affiliated
—
administrative
"Net
of
and
1941
May 31 and Aug. 30, 1941.—V.
_
of
holders
to
-
directors
the
on
securi¬
on
the
p.
the
late
Dividends
the
The
part of
as
Co.—25-Cent Div.~^
Hooker Electrochemical Co.—40-Cent Dividend—
Report—
____
income
Dividends
interest
of
the
Insuranshares Certificates,
•
v
"
earned—dividends &
ties
21
Ke¬
>'
-
dividend
a
of
2185.
announces
succeed
cents per share
per
1
.
Commission
due April
■':
of
The com¬
securities
to be operated
paid each quarter
compared with 50 cents on Jan.
also
made.
was
declared
Omitted—
able
.
7
1942
Income
155, ,p.
He also is
'
1967.
proceeds, company proposes to use $2,500,000 to retire existing
bonds, the balance to be used for working capital.—V. 142, p. 2323.
Of
to
Co.—V.. 155,
A
cents
15
'
integrated system.
acquire the
/■ ■•;■
Co. .and
properties
to
payable Sept.
been
a
Insurance Co. of the State of Pennsylvania.—Dividend
respectively.
year-end payment of $1.20 per share
15
has
corporations,
2457.
Telephone & Telegraph Co.—To Issue Bonds—
Company
authority
regular
July 23
American
electric
an
desires
Consolidated Copper
on
company
Co.,
ance
23,346,848,
the
properties may continue
delphia.
casli,
including
20,
this
<
the
to
1941.—V.
constitute
states,
stock,
may
than $35
more
.
North
that
found
155, p. 1920.
surance
;
.
July 20 declared three regular monthly dividends
share, payable Aug. 28, Sept. 25 and Oct. 30 to stock¬
Aug.
the
amount
President
1941
Iowa
it
as
cumulative, preferred
■.
•
•,
'•
,1,.;.'
points out that Kewanee's properties have
part of the northern division of the com¬
Commission
were
on
record
that
capital
director
stock.
common
months'
the
the
directors
This
in
of. 7%
5J504-shares
Insurance Co. of North America.—New Director—
V
1941,
$350,000
the
company
application
so
like
of
Illinois
and
the
the
25,
the
Guardian Investment Trust—Annual
Earnings for
1,316,710
$34,858,700
30,
the
months
six
contingencies
•
June
on
amount-has
Home
-
an
note
with
share made last year a
—V. 155, p. 825.
order permitting- company to sell
11,400 shares of its common capital stock
($25 par)
to its parent
Greenwich Water System, Inc., for $285,000 cash and Greenwich Water
Co.'s
tOn
in
$6,218,191
for
payable on July 31.
July 23 declared a dividend of 75 cents per share
stock, par $100, payable Sept. 1 to holders of record
on
SEC on
of
-
-
(2-4990)
v■, r". ~.
that
$1.95
•
per
of
similar
Greenwich Water Co.—Issuance of Stock—
The
cents
holders
capital
Aug. 24. A like amount has been paid each quarter since and includ¬
ing March 14, 1938.—V. 155, p. 2184.
;
$2,831,189
$1.47
for..the
/
registration-statement
its
operated as a
in the proceedings regarding
are
and
system.—V.
A
$2,195,130
services "for
and
.
directors
15
In
directors
-the
period.
compared
assets
1942—6 Mos.—1941
Hibbard, Spencer, Bartlett & Co.—Regular Dividends
The
of
Greene-Caiianea Copper Co.—75-Cent Dividend—
The
taxes
provision
a
goods
/,,•••
stock (par 25 cents).—V. 155, p., 1836,
„•.)
)' 1* ,,.';
'',' /
common
■
'
'•'
.
Inspiration
483,458
-
.
and
The
S.
Government securities and Treasury tax notes of
compared with current liabilities of $25,706,468.—V. 155, p.
1,655,637
Grant Building, Inc.—See Page 352—
©n
withdrawn
of Kewanee Public Service Co. at not
subsidiaries
its
$0.66
*
$4,715,742
purchase
'
wanee
1264.
p,
U.
10,396,734
2,961,842
Federal
after
1942
of
"
Current
2458,
p.
months'
$56,568,982,
share
to
Kewanee
$993,320
and
and
sales
period. ;■
Granite City Steel Co.—See Page 352—
.
six
Net
97,802
13,948,000
income—
estimated
155,
'
•
its application
pany,
154,
•'
($50 par)
share.
as
W.
"
,
able
stock
Page 352—
3 Mos. '42
__
$11,907,836
the
278,641
1
264,977
1—
railway-—
railway
oper.
♦After
and
respectively,
756,787
income
Jan.
from
from
Page 352
1941
railway
Net
-See
$2,567,000
railway.,
oper.
From
Gross
(& Subs.)
RR.—Earnings—
30—
common
July .16.—V.
to
time to time from the individual holders'all-or such portion
Inter¬
Temple
statement
$2).—V.
(par
Light Co.—See
June
retroactive
are.
Company,; a subsidiary of ?(orth American Co. holding company sys¬
tem, has Jiled with the SEC a> request for permission to acquire from
on
♦Net earnings
Grand Trunk Western
Net
increases,
,
Hercules Powder Co., Inc.—Earnings—
2278.
p.
Grand Rapids Varnish Corp.
from
The
Illinois Iowa Power Co.—Seeks Right to BuyKewanee
-
C
Chairman of the
as
named Vice-President
was
stock
common
Gas
of 15 cents
-
hourly,
1 ■ •
■Stock— >
Co.
.
of
McNamara
of the Driver-Harris Co.,
withdrawn
of
Co.r—Wage Increase—
the Humble
all
Mr.
company
1 in U. S. funds to hold¬
tEarnings per
Gross
and
for
Harvill,
charge
in
with, the Douglas Aircraft
years
those of James F.
Mr.
has
company
784.406
.
*$275,283
1679.
p.
company
pany,
140,000
.
$147,426
The special meeting of comman stockholders, scheduled-for July 21
to consider a change in^ the corporate name to iBylvania Products,
Inc.; has been adjourned, without action to July 30.—V. 156, p. 163. ">
•
.
board
908.774
,
"$369,986
Hygrade Sylvania Corp.—Meeting Postponed—
and the appointment
the
with
Advisory Committee.—V.
Haverhill
usual quarterly dividend
March 2
"On
155,
the
stock, payable Sept.
common
Aug,
of
155,
has
for 109.560 shares of
v. J' ;:<...,;
-■•••
Chairman of the Board of Directors, and Stanley
as
368.928.
.
$49,979
monthly.
The
Special Dividend Not Declared—
directors
.477,966.
Hunter Mfg. Co.—Registration Withdrawn—"/
.
")
Hastings Mfg. Co.—Registration Withdrawn—
'
The
of
$509,123
2007.
its
t
The
$1,056,200
deprec
company
p.
share
per
holders
to
Co.
Committee.
of
of
Vice-President, as
to his association
aviation technical expert,
of
man
payable
since its organization,
company
Prior
the Vultee
Joyce,
$1,
dividend of
a
'.•.>»
was
the
was
members
declared
par
Tracy, Vice-President
79.
p.
•
ers
'694,401
*$1,058
$1,203,524
Pipe Lihe; Co. on'July" 22 announced
salary and wage earners.
The increase
benefits 13,000 employees of the two companies. " Hourly workers get
an increase of 5 Ms
cents an hour; salary and wage earners an increase
'rational basis'
a
1
"
*
-
Hoefler,
Executive
first
reserves
$10,123,568 as of Dec. 31, 1941, the company, therefore, has made
total provision for contingencies in the aggregate of about $17,900,000,
which $13,770,000 was provided as a result of Japanese military
per share on the
635,539
income
increase
an
peculiarly adapted
so
there
,
stock,
national Nickel Co.
of
in the
$1,691,739
347,244
.
Humble Oil & Refining
of
activity
$346,186
317,781
$527,945
;
,
.
final
is
Other elections included
.
'
.
directors
is
Rubber
&
660,052
715,429;
dis¬
not
does
support," wrote
distribution was made on Jan. 7, last, while on
Sept. 2, 1941, cash dividends of 12 Ms cents per share each
of
M..
-Hoefler
and
Tire
327,827 :
$845,726
.•_!._
charges
Deplete and
similar
operations.
(&
>«
,
$1,863,576
„
July
on
Announcement
capital stock, par $10, both payable Aug. 1 to holders of record
Like amounts were disbursed on Feb. 2, last, and on Feb. 1
1, 1940 and 1941.—V. 155, p. 399.
<
Georgia Power Co.
*
-
$2,407,168
chgs.,
Balance
"
common
and Aug,
it
Fixed
This
conclusion
155,
regular! semi-annual dividend of 50 cents per share
the
Goodyear
Reserves—
363,925
fixed
-etc."
-
to
to decide the issue
power
something which the Commission is
directors
the
July'20.
The
the
applying
bef.
'
directors have
quarter,
subject to
Act
223.
p.
Georgia Home Insurance Co.—Extra Dividend—
the
the
substantial
.
The
on
not
was
Company
Harvill Aireraft Die Casting Corpt.—10-Cent Dividend
—President Retires—Four New Officers Elected—
1941
$27,725
lacked
"
its
it."—V.
on
The
order
1-July 14—
1942
$28,20b
revenues. _L_
Operating
—V,
—Jan.
$910,236
lacked
it
within
evidence
SEC
'
1941
that
1
is
that
do
to
1942
Holding
opinion continued:
The latter
for
week Ended July 14
Utility
by the Commission involved both the weighing of the
facts against the background of what is 'necessary or appropriate in
the
public interest or for the protection of investors or consumers.'
payment
..
.
consequently, it
that,
Public
"Decisions
Georgia & Florida RR.—EarningsPeriod--
v.
1942—6 Mos.—1941
$674,013
taxes
Fed.
income):
♦Deficit.—V.
that
Judge Chase.
con¬
.
(after
162.
p.
urged
the
Circuit Court ruled
review
close
stock as and when the
,
earnings
justify.—V. ,156..
stock dividends)
preferred
the favorable
Co,
novo."
"A
prior application to and
approval by the Commission of such dividends.
The agreement with
the banks provides for their prior consent to the payment of common
paid
1942—3 Mos.—1941
$1,209,651
companies.
.
The
and
with
connection
in
be
(no
oh-
Net
prevailing opinion, affirming the order of the SEC, was written
by Circuit .Court .Judge Harrle B, Chase and was concurred .in by
Judges Learned Hand and Augustus Hand. "
"
position of the corporation and consider the .question of;.payment
deferred dividends on the $3 cumulative preferred stock.
Securities
Co.-Subs.^Earnings—
revenues
Taxes
«■
The
the
The
Gas
provisions. of
subsidiary
After the first year's instalment of
$200,000 has been provided for the board of directors
•the
of
Hartford
in. each year for the $300,000
before dividends are paid on shares
stock.
preferred
cumulative
$3
Net
was not a subsidiary.
The-company had asked that it be declared pot a subsidiary of the
Corja., the United- Gas. Improvement Co., Connecticut Gas &
Coke Securities Co., which are registered as holding companies.
The
income
cash
its
of
out
annual instalment on the bank loan
a
Period Ended June 30—
United
therefore, the board of directors has
corporation should, pending realization of assets,
the
that
concluded
for
17,
Hudson Coal
*
its
pany's application for a finding that it
corporation/"
of
income
July
Subsidiary Issue—
appeal in the U. S. Circuit Court of Appeals,
review of an order of the SEC which denied the com¬
lost
Company
circumstances,
the
of
all
Hartford Gas Co.—Loses Appeal on
-
such
emergency
distributable
►
operating
at a
continue
costs,
Monday, July 27, 1942
aggregate to $85,739,124,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
yolume 156
The
capitalization of International Hydro-Electric itself, including.
debentures dvie 1944, totals $86,798,744.
This figure
earned surplus deficit of $10,433,009, a paid-in surplus
of $42,084,277, and a capital surplus of only $21,567.
The paid-in surplus figure includes, the SEC pointed out, an amount
of <'$22,000,000 arising .from <a credit .thereto of- an amount equivalent
to the par value of the,outstanding class B and common stocks of In¬
ternational Hydro-Electric which were canceled in 1941 as a result of
an
earlier order by .the -Commission. :
/
The. last dividend .paid- by..the-system on its preferred stock was in
1934, and the last dividend paid jon- the class-A stock was in 1932.
No
dividends were ever paid on the previously outstanding class B and
Jacobs
$26,568,000 of 6%
Aircraft
Engine
Co.—Dividend
Action
the
following distributions:
Feb. 28 and'April 28, five cents each}
Aug. 28 and Oct. 28, five cents each, and Dec. 29,
eight cents.—V. 155, p. 2185.
Post¬
June 28, se/en cents;
poned—
also includes an
The
directors
July 17 considered further dividend action
on
following resolution
wise
for
declare
to,
the
be
cannot
year
adopted:
was
when
dividends
"Whereas this
net
estimated
earnings
with
board
cash
and
working
capital
that
dividend
of
the
requirements
action
no
the
on
year's
be
capital
due
taken
stock
operations
it
un¬
Keystone Custodian Funds, Inc.—Dividends—
requirements
degree
of
.'Semi-annual
ac¬
Custodian
and increasing
of
the
net
estimated."
definitely
more
the
until
company
results
An
initial
value
an advance of $3,000,000, International
received no return-whatsoever from its investment
$62,983,523.in.the New,England Power Association, the SEC observed
that "when a holding company in the position of International Hydro-
'."Pointing out that except for
dividend
capital stock
of
cents
15
March
on
share
per
10, last;
paid
was
the
8
67
cents
shares
S-4
per-share
and
shares
5
of
made
were
the Keystone
on
the
July
on
/:
on
cents
15
Keystone
to holders
.
a
and on Jan.
of
of
B-3
.
shares
of
payment
65
15 and July 15,
cents
against 5 cents each
since.—V. 155, p. 2007.
none
30.
B-3
distribution
a
par
no
Series
June
the
this year,
-
'
stocks.
common
Series
Fund
record
On
distributions
Fund
Custodian
rapidly expanding business; re¬
the declaration -of a further
upon
of
be
can
to
the
and
deems
reasonable
any
curacy because of unknown factors, such as tax liability
solved
343
Jan.
on
share
per
cents
last year.
made
was
15 and
made
was
Jan.
15,
the S-4 shares,
15, 1942, as
On
on
Jan.
on
July 15, 1941.—V. 155,
2368.
p.
Hydro-Electric had
high Tixed:-. charges and preferred dividend require¬
for such a long period of time from an
item constituting a preponderant, part of its total investment portfolio
it is, inevitable that serious financial difficulties result."
V
The SEC quoted officials,of the system as testifying that nothing in
having
Electric,
the close of business July 16 a block of 42,900 shares of
ments, fails to obtain a :return
evidence
could
now
be $ised
as
hope
basis for
a
.
the financial
that
(G. R.) Kinney Co., Inc.—Accumulated Dividend
Johns-Manville Corp. — Secondary Offering — Hornblower & Weeks and Sterling, Grace & Co., offered after
of
common stock,
(no par) at a fixed price
Dealers' discount $1.20.—V. 156, p. 255,
scould .be improved in the future.
" ,
the SEC said, "it will be seen that
the position of International Hydro-Electric is exceedingly precarious."
The Commission found that the debentures, preferred stock, class A
net.
issue
view of all of
the foregoing,"
E. :j.
15.5%
who
represents voting .control of
The SEC
also
found ,th^t
sisting of six
aid
that
the. "meager staff"
of
the
system,
All
con¬
Total
subsidiary-companies are so set up as to need little, if
their parent company with respect to their operations,
Hydro-Electric is not geared to aid its subsidi¬
final ..decision
no
has
distribution." '
for
according
Irwin
to
,
ing
said,-"in
"
the*corporate
of
structure
the
Canadian
of
Investment Co. of
'
The net asset value
the
at
Other
1941:.
.
-
Exps.
of
research—
♦Federal
Amorti.
'
stock
$89,262
23,220 *
-.
.23,019
!
4,882
-
it.
1
loans
he **,
$ 88,15?
.
'
.
.
:.
5,147
V 346
21,799
-
3,525
.
3,513
•
2,881
1,282
etc.—
11,693
5,732
.
•
-
■
30,000
1,305,000
106,000
97,000
667,000
574,000
$855,606
$385,434
$4,425,928
$2,501,733
•241,321
•
88,279
2,137
income,
8,572
946,387
*
9,664;
$605,713
/ $6,204
+2,176
.
tax_
^
v
V;
$10,520
$5,984
♦$99,619
.400
j
.
•
,
,
i
Balance
'-s
•
Sheet,
\-
•.
:
from
»•••;
Cash, in banks
Interest .and
Account
Total
.
at
for; securities .sold——_
; 229,348
2,856,606
2 ,532,773
930,720
348,184
648,344
532,441
: 735,000
inc.
.
' 48,255
60,000
125
,
157
1,564
v
bonds
on
sale
on
Gross
s •'.
Cost
See
•
163
,$2,142,790
of
Int.
345
2,418
8,694
\
.Total.—.
$3,880,737
——
Liabilities—
•
•
payable for securities purchased——
Other accounts payable and unclaimed divs.__
Dividends payable
Accrued .taxes——
Reserve
for.
——
stock
Capital
surplus
Earned
7,113
————
20,000
Cr363
'
$1,243,803
$1,623,029
520,784
$89,784
520,784
for
Federal
„
of
$32,970
for
the
current
for the twelve months ended June 30, 1942, addi¬
required under the Revenue Act of 1941.
Gas
,
.
Electric
&
Corp.
.
.....
...
.,
•
/
:
for
Net
*
Earn,
,
sell,
exps.—
813,674
oper.___
$1,651,754
income
for
Fed.
for
$2,894,753
$6,203,040
408,957
955,046
-
—
Total
———
319
770
203,307
2,254,459
1,852,818
$3,880,737
$4,402,202
which may be outstanding
(upon completion of conversion of common shares and option warrants
of predecessor) are as follows:
Option warrants, to purchase 137,827 common shares of the capital
stock of this company at $115 per share, the option being exercisable
at any time without limit.
* Option warrants "to purchase 279,848 common shares of the capital
stock of. this company, at .$155 per share, the options being exercisable
on or before Dec. 31,
1942.—V. 156, p. 254.
Note—Option
warrants
outstanding
,
and
$1,456,525
taxes
*
$7,158,086
166,354
'338,958
900,000
1,960,000
350,000
12,500
25,000
'150,000
Profit of William BoniLumber
Co.,
7-
Total
1,750
bds.
bef.
10,750
provis.
divs.
on
pfd.
Write-off
Federal
or
a/c
profit
on
♦Profit
Net
&
share
per
com-
&
♦Based
on
for
res.
from
per
vision
for
all
books
inc. &
Net
,
inc.
&
per
reserves
outstanding—
share
div.
the
quarterly
the
interim
common
dividend
of
five
per
into
consideration
The above
is
Feb.
28
and April 28,
1942.
155, p.
share has
During
1,205,437
1679.
been
declared
$0.54
'
Subs.)—Earnings—
"...
.
$0.38
272,391
10,695
,2,399,469
-
$0.58
2,319,933'
132,231
11,250
....
.
„
$5.04
•
is after providing for Federal
1942
.
1942—12.Mos—1941
$1,778,961 $26,771,997 $15,410,615
499,105
• 8,966,895
4,579,906
180,837
requir.
on
the
Committee's
Revenue
the
on
10.
11,250
,
$5.13
•
income and ex¬
plus an in¬
basis
tax
of
the
program.
outline
Net
of
the
income
House
for
of
1941
is
Ways'
Act
of
1941
not
having been
passed
on
after
June 30,
'
.
declared
have
common
quarterly dividend of 25 cents per
Sept. 1 to holders of record
share paid each quarter
1, 1942, prior to which
cents per share were made.—V. 155,"
a
stock,
payable
This compares with 50 cents per
Sept. 1, 1941, to and including June
.
distributions
The directors have
of
25
Glass Co.—25-Cent
declared
a
Dividend—
dividend of 25 cents per share on the
Sept. 15 to holders of record
Aug. 31.
A similar distribution was made on March 14 and June 15,
last.
Disbursements during 1941 were as follows: March 15, June 16
stock,
common
and
on
1941 the company made
$0.88
(&
833,936
*
Libbey-Owens-Ford
is
and
compares
on
1,205,437
—
2368.
the
statement
includes pro¬
subject to year-end
company
stock, par $1, payable Aug. 28 to holders of record Aug. 11.
with seven cents paid cn .June 29, last, and five cents
This
each
$1,335,764
_____
$2,734,017
_
taxes
for
directors
share
p.
cents
7,600
$1,747,230
Dividend Halved—
;
from
Kerr-Addison Gold Mines, Ltd.—5-Cent Dividend—
An
-991,144
taxes—
..
$3.25
adjustment by certified public accountants..—V.
"1,075,703
234,585
tax—22,295
'
share—
estimated
$2.01
It
"15410
'
1942—Month—1941
.
com.
Means
$1.33
necessary.
684,064
35,133
-
providing for Federal taxes on basis of excess profits tax amendment of
Aug.
deemed
408,226
profits taxes on the basis of the Revenue Act of 1941
$4.11
takes
$3,442,207
taxes
_______
common
income
♦Net
cess
$2,005,447
the
108,364
V
12,132
____________
stock
Earn,
$1.52
tax law.
653.
$2,015,010
143,186
income—
bef. Fed.
Pfd.
$740,965
taxes
...
608.113
profits
excess
income
$0.69
of
;
1680.
p.
sales
Net
$334,913
account
$2,014,357
189,837
lands—
profits)
excess
(R. G.) Le Tourneau Inc.
597,780
»-
of
1941
-
$4,068,214
coal
shoe abandonment
Period Ended June 30—
$2,603,227
provision for Federal
the
$0.27
30
175,670
1,143,163
debt
Pennsylvania income
shares
298,890
488,173 shares.
Note—The
taken
1,205,43T
^
$2,502,201
interest
155,
$1,039,855
probable increases of the anticipated
'
June
37,124
unfunded
income
Common
—V.
149,445
$0.68
$0.25
12 Months Ended.
the
coal___;
depreciation—,—
corporate
$484,358
; parable period 1941—
for
1
idle prop. &
snow
for "Fed.
Prov.
$406,052
$0.83
com—
1,205,437
Nil
$0.05
1,450,353
mi
share
$660,796
operations_-__________„_.., $2,539,325
notes purch. for sink. funds__
Dr696
other disposition of fix. assets
79,232
(excl. Fed.
Depletion
The
Net
4,208
$647,800
1,205,437
1,205,437
Account
'
♦Profit' per
3,896
$135,572
from
funded
on
149,445
-
21,795
$226,091"
-
income
Interest
7,980-
<
479,741
953
1,613
.
income
$555,497
preferred divs._
•
208,175
.
1,830
outst'g
Income
&
sale
on
1941,
inc.
97,850
/ •
share__
com.
Income
on
and
-
143,186
*'
1942
crease
est.
subs.)
owned
:
from mining & selling
from other operations-
Income
3,890,900
150,000
1,060,000
conting.—
$3,303,709
82,917
•
83,437
$4,402,202
185,253
1,967,295
<
—
par)--.
$1,847,185
-
7
.
tax__
income
shares
per
♦Net
__,
inc.
Earnings
before
bond interest
.
Sept.
no
par
value,
15, 50 cents each,
payable
and Dec. 15, $2.—V. 155. o. 15>4.
Liggett & Myers Tobacco Co.—75-Cent Dividend—
The
on.
the
directors
common
on
July 22 declared
and
common
B
a
stocks,
t
,
335,282
,
income &
Pa.
Minority
$1,242,999
" 213,525
195,431
294,507
■
»
—.
from
&
int«rest___i__
Gross
$9,737,876 $20,398,289 $40,638,684
7,652,373
15,847,358
31,257,676
842,504
1,656,178
3,177,968
8,194,986
inc.
Cost of carrying
.
,
167,758
..
143,186
Fed.
Consolidated
Other
June 30,'42 June 30,'42 June 30,'42
_________
income
146,434
corporate
Profit
$10,660,413
________
sales
for
•
.,
..
167,096
: ■.
„
Properties—
Mar. 31,'42
plant sales)
for
98,104
-
$1,102,245
$723,019
taxes
Net sales(excl. of inter-
Net
61,160
$1,655;103
-
.
49,052
tin-.:/.:
profits taxes
excess
—3 Months Ended-— 6 Mos. End. 12 Mos. End.
Prov.
.
.
$1,992,633
12,395
Prov.
Telephone & Telegraph Corp. in various capacities.—V. 156,:
■
.i ;.1'
,;••
Prov.
$1,881
"'2,840
51,273'
14,854;
;
20,000
&
$572,443
i
562,776
Cr47,796
$69,741
months
interest
1,650,239
($1
surplus
:
-
contingencies
Reserve for Federal income tax—
Common
$1,524
"'2,656
46,338
idle
coal land
res.
545,394
7 -600,360
203,011
Provision
......
•
Accounts
245,235
284,636
Income
.
(wholly
'
276,061
$956,900
debt
Minority
Kimberly-Clark Corp.—Earnings—
fas
37,629
11,071
Depl. & depreciation
180,000
231,240
preferred stocks
to
provisions
ternational
3,899,938
Dr30
•
3,990
540,000
D.
Reserve
5,592
$1,062,492
"
Dr4,-877
6,207
$2,573,906
19,655
——
and
Dr22
'
-
..
taxes
180,€00
1.
Cr 7,155
—
applicable
the
Profit
$1,072,080
"
profits)
229,201
15,000
19,290
and $142,201
of
$1,381,232
___J__ '
,
carrying
(excl.
540,000
45,000
i5,ooo
Manning has been appointed General Sales Manager with"
headquarters in Chicago. He joined the Kellogg company as Executive
Assistant to the President early in
1940 after 13 years with the In-',
-
9,588
$321,616
abandonment
exc.
$2,145,208
$169,439
45,000
;
deduc.
&
p. 255,;
24,708
$685,738
other
funded
on
funded
$2,565,212
,
$141,876
_
bonds
Continental
C.
1,469
notes
&
or
income
prop. &
,
3,392
$169,094
.
$141,713
(net)—_
income
to
7,724
oper.
Write-off a/c snow shoe
___'
Bond
.15,420
from
tiispos. of fixed assets
690,000
42,210
,
;
$1,356,524
"
$6 ,672,001
62,500
approp.
bonds
deb.
Net
793
14,728
-
3,379,634
cost-—-—^j
-1942—6 Mos —1941
E320.147
.
Other income
$7,315,024
50,900
revenues
$472,117,
11,612 V
dividends -receivable^—
it.
$678,014
1942—12 Mos,—1941
$549,064
97,082
.i
rec.
-1941
$489,491
by
111.35 miles.—V. 141,
'
7 " .7,
1942-—3 Mos.—1941'
-
purch. for sink, funds
$7,587
«
sought
stock, par
acquired
mining &
other oper.__
Common
■
-
1942.
?
Co.
common
so
$25
com¬
'
mort.
Total
—
receivable
Investments
.
par
the company's 'application to abandon,
from Laramie, Albany County, Wyo., to
'•;■ •■•'
•
.
coal
from
Disc,
$2,023,075
limited-term
Dividends
June 30
».••*
denied
11
County, Colo., approximately
/"
'
on
.f
v
i
Assets—
July
on
"
.
of
Co.
of
outstanding
$25
Utilities
West
shares
Power
all
for
2008.
Jackson
selling
Co*—Earnings—
269,472
taxes—
income
on
Other
$10,520
:$5,584
"*$99,619
profit
'Loss.,. .(Profit.-
North
District
shares
three
cancel
certificates
its
57,565
$3,417,002
1942—Month—1941
"
Net
therefor;
into
and
acquire
issue
underwriters the
Superior
Period End; June 30—
$8,380
>
to
and
.Lehigh Valley Coal Corp. (& Subs.)- -Earnings—
421,093
.
62,559
$287,491
$621,792
____
eper.
Gen-
Inc.
to
stock
common
and
stock
railroad extending
of
Income
•
17,230
35,450
sell
Lake
3694.
Inc.
■
-
taxes
of
Gross
7,923
$45,969
stock
exchange
to
p.
ICC
line
p.
(ilet
Period—
V
=46,996
in
Prov. for Fed.
Cost
,
The
its
$3,181,733
$6,397,928
500,000
revenues
Other income
'
$52,980
,
$1,759,742,
Laramie, North Park & Western RR.—Abandonment—
/
5,196,744
7,088
.
this company
2368.
p.
value
par
common
of
155,
Fed.
&
tax
,"$56,617
,156,236 : :
Fed.
taxes
r
$63,769
.
.22,861
.
4,650
•
,
stock
each,
Disc,
63,315
taxes—
registr.,
for
$512,434
Kansas Utilities Co.—Sale of
84,403
..
$75
common
its
authorization
$454
•,
value
mon
,
investments
Net
:)
$3,750
85,979
of
recovering
ore,
an
authorized
par
$8,378,478
8,115,350
2458.
taxes
tional
1940
„
Profit.
..
its
1942—6 Mos.—1941
928,067
120,000
expenses,
month
$3,283
$89,513
_______
bank
on
cap.
'
$1,440,500 $14,513,279
$1,475,606
oper.
ry.
oper.
p.
♦Includes
1941
"
dry
order
Coalmont,
Balance
$1,421
'
155,
of
Ry.—Earnings—
Kellogg Switchboard & Supply Co.—Promotion—
and agency-1
miscellaneous
145,304
390,021
$25
1942—Month—1941
12 Mos. End. June 30—
:
^ ''88,092
v"
Interest
61,455
138,353
426,820
.
■'
;
v
Int. charged to construe.
'
-
Fed.
-•
income
Operating
Ended June 30
1939
tons
Utilities
drawal of
*
invest. Vin
and
64,857
________
fr.
Other int.
ordinarily
...
,
102,515
premium.—V.
an
West
<
taxes
ry.
Int.
1942
,
37.076
10,049
24,613
Kansas Gas & Electric
'
,
t\f
Custodian
6,174
93,136
Equip, rents
-Joint facility rents
debit)
Other
share outstanding at June 30, 1942,
valued .at market prices at
that date, was
'
Admin.
113,250
21,227
income
(net debit) "
(America—Semi-Annual Report—
•" "*
*
Account,1 6 Months
treated
issued July 20 the SEC granted the request of North
Co.
and Lake Superior
District Power Co. for with¬
application in respect to financing.
Authorization was sought by Lake Superior to change each share of
$606,009
111,450
>
the quarterly dividend
to omit
.
Income
income
$1,182,050
18,875
taxes—
•
rev.
v
This compares, with .a net asset, value, similarly com¬
«.
Total
$99,394
18,575
$107,536
$19,000
♦$104,021
$468,350
(Before income taxes and employees' participation.—V. 155,
Prop, retir.
j
puted, of $16.24 per share at Dec. 31;
from
In
$246,648
1,543,765
Oper.
per common
owned
securities
$15.24 per share.
Divs.
operat¬
»
".
;•
payment
against 3,608
Lake Superior District Power Co.—-Withdraws Financ¬
Profit
«U
have voted
mill
including
on
directors
-
2,563,620
$3,019,371
accumulations
_
$3,169,629
2,763,090
Ry. .operating
payable-about July 15. - Distributions of 20 cents per share were made
•each quarter during 1941 and on Jan, 15 and April 15, last.—V. 155;
p. 503.;
:v.,' ; v; < v'.''■
r-
i.
$3,945,139
421,986
after
Federal
Interstate Home Equipment Go.—Omits Dividend—
with
$521,380
445,675
income
Int.
The
$692,323
revenues
,
July'23 declared a dividend of $1.25 per share on
on the 5ft
cumulative preferred stock,, par
$100, payable Aug. 15 to holders of record Aug. 5. A like amount has
been paid in previous quarters. Arrears as at May 16, 1942, were said
to be $24.75 per share.—W.' 156,■ p; 163. J ;
i.
The directors
63,105
taxes
-V. 155,
"...
155,417,326
as
'
International Rys. of Central America.—Pfd. Dividend
account
62,440
operating
Net
plan,
that, will
155, p. 2279.
,
196,785,601
totaled 3,360,
80.
p.
Shore Mines Ltd.—Production—
Railway tax accruals—
Co., New York, N. Y., or in Canadian funds,
.
9,894
i
redemption price *at the ^Bankers Trust Co.—V.
,<•
8,699
The
156, p. 80.
'at the,Bank of Mohtreal,.,Montreal^Canada. : *.,
Holders of the drawn,bonds may obtain immediate
.
531,158
Period End. June 30—
$431,000 of.-refunding-mortgage-sinking fund 6%. bonds,,
series .A, due 1955, have been called for redemption as of Sept. 1,
1942t
out
of .sinking fund .moneys, at 105 and interest.
"Payment will " be"
...
632,38 1
Ry. operating expenses-
of
■! j• ■ v
87,778
2458.
Ry.
Co^Bonds Called—
made,at the Bankers Trust
110,290
♦Deficit,
Net
A.total
$*.'.$
The following is a summary of the mill operations
the three months ended June 30, 1942:
the
provisions
23,387,762
July 11, 1942,
on
156,
$
for
—V.
prevent -the ,maturity of 4he Hydro ^-debentures .or-the. acceleration-of
that .maturity from interfering with the orderly progress of 4he simpli¬
fication plans for the underlying companies and the dissolution pro¬
International Paper
rev.__
pass.
Kansas City Southern
-i
problems,
.
of the top company.—V.
823,646
costs
tNet
p.
group
•
Pending .the working out of the underlying
according to Mr.. Moore, will. probably include
operation
•
,
1942—28 Wks.—1941
1942—4 Wks.*-1941
29,704,570
in
earlier.—V.
shares of
,
„
Dec. 30,
on
,
V
July 11—
Sales
$1,751,721
1,115,317
security
Fixed
charges
Depreciation
;
L
Company Act Initiated by the SEC are now pending before the Com¬
mission for the simplification nf ihe/New, England group. ,1'No change,"
is anticipated."
-
$
Lake
$2,135,002
135,336
costs
Balance
a
J>een. reached,
Period End.
-
1942—6 Mos/—1941
$288,373
189,692
revenue
General
""
'
*
'
that can be <lone, Mr-- Moore explained, it is expected that
simplificatoin and consolidation will be required for the system's New
England and New York properties.
Proceedings under the Holding
Moore
1942—Month—1941
$383,642
Social
"very soon"
file
compared with $1.19
as
,
ing—
Before
:
committee.
revenue—
other
International
While
I
executive
L.
rev,__
pass.
Operating
Moore, president of International, "it is probable that* the plan will
provide amongst other things for the distribution of the assets of
Hydro to its security holders 'as; soon" as such assets are in suitable
•
&
stock, payable Aug, 25 to
similar distributions was made on this
Kroger Grocery & Baking Co.—Sales Higher Than a
rev.—
bus
Trolley bus
plan for compliance
with the order of the Securities <and Exchange Commission that the
company be dissolved since it serves no "useful purpose."
v/
1
J.
the
dividend of $1.25 per share on account
a
prior preferred
A
25 and May 25, last
155, p. 2280.
Stores
passenger
Motor
Will File Plan for Dissolution Soon—
full
of
Chairman
$5
10.
Kansas City Public Service Co.—Earnings—
the
declaring
The management expects to
•
Vice
Aug.
Year Ago—
been elected
80.
p.
Period End. June 30—
aries, and in fact does nothing for them."
gram
156,
Rwy.
"adequate" staffs of the groups of
that "from all of foregoing it will be
with
employees,
the
from
any,
contrasted
companies,
that
and
-
have
..
.
Commission
operating
Mr,.
Greene, of Cleveland,
the
on
record
Feb.
on
a, year
an operating utility company."
/-'the corporate structure, is patently inapr
Electric."
form
elected
was
—V.
propriate, especially in view of the company's place in a highly pyra¬
mided structure and the obvious Inadequacy of the underlying struc¬
tures to support and maintain the structure as demonstrated by the
earnings, dividend record and cash position of International Hydro-
seen
B.
percentage is less than -conservative where common stock alone
a
The
Edward
James C. Watson and W. L. Copeland. Mr. Kulas,
president of the Otis Steel Co., acquired by Jones &. Laughlin
was
also
of the
that
capitalization of the. system and its subsidiaries consolidated and
"such
and
directors replacing
=
stock and surplus accounts of the system represent only
Kulas
of
1941.—V.
•
"In
accumulations
Jones & Laughlin Steel Corp.—New Directors, etc.—
'r
situation of the company
of 58 V2
The directors have declared
.
of
holders
dividend of 75 cents per shiYe
payable Sept. 1 to holders of
THE COMMERCIAL & FINANCIAL CHRONICLE
344
distribution was made on these issues on
June 1, last.
Previously, the company paid regular quarterly dividends
of $1 per share, and, in addition, on Dec. 1,
1941, disbursed $1 per
share extra.—V. 155, p. 2281.
record
11.
Aug.
similar
A
record
Feb.
July
20.
similar
A
2, last.—V.. 155,
distribution.
540.
p.
29.47%—
Lincoln Stores, Inc.—June Sales Up
Sales
——
The
with
a
year
16
had
company
14
stores
compared
as
1942.—V. 155,
the latter part of May,
R. X.,
and one at Newport,
Pa.,
during June
operation
in
In November, 1941, a store was opened in Chester,
ago.
dividend
A
of
cents
20
$3,991,990
$3,557,833
1,353
22,022
27,674
$332,963
$308,582
$4,014,012
$3,585,507
150,956
148,279
1,789,506
1,569,673
26,356
298,168
income
profit
46,681
494,175
24,506
215,829
km
_
and
the
to holders of record
payment was made on April 22, last.
Payments in 1941 were
April 22 and Aug. 22, 20 cents each, and Dec. 20, a yearend of 30 cents.—V. 155, p. 2281.
29.
similar
and
32,1'51
23,950
Net
____
$66,371
$38,809
charges-
25,149
26,088
$41,222
$12,722
income
accr.
$5 pfd.
on
Empire
M.
P.
5%
40-year
3
sinking fund
$1,898.87,
153, p. 399.
V.
trustee,
receive
exhaust
to
Balance
Trust Co.,
Aug.
on
120 Broadway,
bids
gold
for
sale
to
not
City, will until
N. Y.
it
to
bonds
coupon
prices
at
the
to
of
13,461
105
$797,093
•
13,461
Loss
End.
before
June
30—
1942
interest
1940
1939
161,530
161,530
$2,006
$2,074
$2,899
$955
513
433
289
3
$2,665
mos.
$2,587
$3,332
$1,244
The corporation
ment
the
the
of
time
$50
of
assets.
gives
common
had
value of
value
owner
the
was
shares
certificates
stock
of
the
of
period
by this state¬
covered
beneficial
interest
for
the
Long-Bell Lumber Co.,
shares of common stock
197,683
100,780.1
which
of
the
in
addition
income
to
giving
for
account
its
the
of
The
tions
000.
The
Net
June
30—
1942
gain
1941
1939
$792,094
$497,302
343,333
347,378
262,665
226,108
352,844
314,288
285,522
204,373
115
2,606
21,699
32,792
*1,519,672
—;
Interest
t631,544
...
—
Fed.
income
Net
&
—-
gain for period
of
$651,288
accruals
Franklin
and
the
basis
addition
$433,487
V.
of
70%
of
and
$34,029
$222,208
(estimated
$433,487
includes
for
first
profits taxes for
70%
153, p.
of
and
$222,208 /
profits taxes,
quarter.
mortgages
announced
ended
over-all
Federal
March
rate).-—V.
average
$34,029
and
31,
155,
RR.—$3 Dividend—
16 declared
dividend
a
of $3 per share, payable
23,
81.
Feb. 28,
on
This
1941.—V. 155, p
with
compares
1941;
$3.25
$3
per
Aug. 27,
on
Debenture
directors
have
declared
dividend
a
the
on
stock
common
of
30
share,
payable Aug. 15 to holders of record July 31.
The
dividend was paid out of earnings for the 7th, 8th and 9th
periods
of the company's fiscal year, which
began Oct. 12, 1941.
The current
distribution
raises
the
total
amount
of
dividends
distributed
company's 1942 fiscal year to $1 per share.
On May 16, last, a distribution of 30 cents
per share
per share
on Feb.
14,
which. compares with 20 cents
Aug. 1 and Dec. 20, 1941, and
May 1, 1941.—V. 156, p. 81.
10
cents
share
per
was
the
also made,
1942,
and
Feb.
on
in
on
and
15
These
the
they
directors
have
declared
dividend
a
of
$3
per
1937.—V.
155,
the
on
not
above
and
from
run
The
call
after
expenses-
&
Mar. 31, '42
$369,700
$431,465
285,000
503,000
tax__
$151,700
dividends
$146,465
$298,165
29,856
—
29,856
Surplus
155,
*$4,948
will
$0.38
June
trust
as
30,
reports
Juldge
Alfred
C.
Coxe
signed
a
final
decree
July 21
in
the
proceedings of the company.
He held that the plan
reorganization, confirmed May 15, 1941, has been fully consum¬
mated, except for the complete distribution of securities as
provided
by the plan. The court discharged William J. Wardall, trustee, releas¬
all
liability,
and
also
discharged
It
held
that
the
corporation
from
and
are
liabilities.
terminated, except
as
the
rights
provided
and
interests
of
months
ended
Charles T.
Lipscomb,
position,
which
the
to
Jr., has been eleoted
he
New
will
York
in
assume
Vice-President.
a
the
near
administrative
future,
offices
In
his
will
he
and
*
Earnings for
be
be
in
will
produced
suc¬
2368.
p.
(lbs.)_—
selling price
income
per
30,
,
pound
8 7529c
30
in
was
Note—Federal
tax and
excess
$676,025
139,100
*
surtax—
profits tax—
capital stock
32,000
debenture
Casualty
portion of
any
§$57,660
Nil
ships and other assets,
JOn 187,833 shares of
ships,
$100
per
face
amount
;
.
net
with
asset
$14.22
value
at
share
per
tin-'
capi-<
in
the
the
number
of
the
trust
Treasury bills.
U.
1942
is
period
Maritime
Commis¬
»
probable
on
for
S.
ships.
increases
-
anticipated
of
Ltd;—Extra
Distribution—
Sugar Co.—40-Cent Preferred Div.—
of
have
declared
dividend
a
of
40
cents
'
share
per
on
accumulations
cents per
Utilities
announced
Co.
to
Northern
./
proposal
a
subsidiary,
the
/
by the estate of the Midland
Hobart
Light
&
Water
Co.
to the Northern Indiana Public Service Co.
Indiana
stock.
common
July 21
its
sell
Indiana, for $500,000,
would
Midland
make
Utilities
payment
is
in
with
the
69,500
Midland
Utility
in
.
shares
of
its
Company
System.
The
SEC
set
Aug. 4
including
transaction,
for
Act.—V.
154,
hearing to
a
whether
to acquire Hobart under the
consider various phases of the
Northern
Indiana
should
be
permitted
integration clause of the Holding Company
752.
p.
v
Milwaukee Electric Ry. & Transport
Co.—Earnings-^
Subsidiary,
Earnings for 12
Operating
Operating
on
close
,
1942,
based
are
income
with
certain
on
Badger
Auto
Service
Months Ended
revenues
May
Co.)
1
31, 1942
,
and
expenses
.
■
.
,
$11,169,686
_—
taxes
10,079,323
shares
,
30,
in
negotiations
hire
Midland Utilities Co.—Would Dispose of Unit—
of
;;
$14.61
to
of
Co.,
directors
The SEC
on
behalf of the corporations by
City.
Other brokerage houses par¬
Co., Stein Brothers & Boyce and
&
included
revenue
taxes
Michigan
the calL
Net
$1,000,000
non-operating
income
Interest
$1,090,362
revenues-
3,976
charges
Other
■
■
revenues—
Gross
face
In this connection, the trustees
'
operating
Total
,
purchased
1
'•
-
•
$1,094,338
388,531
deductions 'u^~
400
income
Net
—V.
154,
$705,407
...
1922.
p.
of
this trend.
announced
will
and
resulting
6,000,000
from
in
18,
the
sale
1941
to
in
special circular
a
calendar
any
will
;the
letter
to
the
Statement of
Income
and
benefit
/
of
record
and
May
Aug,,
15,
»
5V
last,
as
1941, on Dec. 19, 1940, and
on
Oct. 27,
1938.—V,
155, p. 363.
30,
shareholders
a
«
■
Ended
.
,
■
^
<
Promotion
the
of
Julius
A.
Berninghaus, general manager of sales of
Chemicals Division, to general manager of the
company's Organic
division
announced
was
on
July 19 by Edgar M, Queeny, President/
Livingston, who resigned to become consulting
Reserve Company, the Federal agency
dealing
with the provision of facilities for synthetic rubber
production,—V. 156,
P- 256.
•••..
'
'"7"
He
succeeds
engineer
John
the
to
W.
Rubber
.
;
—
$1,553,533
.
127,461
„
income for the period-—
$1,426,072
including in net income realized and unrealized gains or losses
securities.
Statement of Net Assets
■
Monsanto Chemical Co.—Official Promoted—
••
of
the
through
the Three Months
for
1942
and
,
,
The Continental Bank & Trust Co. on. July 21 announced its appoint-^
as successor trustee for the above
company's general mortgage 4s
1975,—V. 156, p. 81.
'
ment
of
compensation
earnings,
—_
Assets—
16
Co.—Div.—
of $1.62J/a
per
share on
preferred stcok,-payable Aug. 15
A similar distribution was made on
compared With $6.50 per share on
Missouri Pacific RR.—Successor Trustee—
-
—
•Not
holders
Implement
dividend
a
the $6.50
beyond
number
average
gross
the
of
Expense
the
management
of
costs,"
June
shares
.
the
5%;
income
•Net
additional
which
in
than
reduction in operating
Expenses
Fewer
declared
of accumulations on
Dec. 8,
share¬
s
6,000,000
less
to
of
..
quarter
exceeds
accrue
public
"
.
correspondingly
rata
have
as
outstanding
be
directors
...
July
shares,
"Thus,
Gross
to
Feb.
management
be
The
account
gross
not
pro
1
explained in the current prospectus," the trustees
compensation, which has heretofore been 5%
earnings of the trust excluding capital gains and losses,larger by reason of an increase in the income of the trust
"the
the
of
..."
Minneapolis-Moline
-
of this figure, the report observes that a
pro rata
operating costs per share may result from a continuation
in
June
30,
1942
•
-
■
(John) Morrell & Co.^—Plant Expansion—
Canning and freezing • facilities
plant are being expanded through
building which will contain 74,650
at
the
the
construction
feet
square
:;
company's
floor
of
Ottumwa, la.
a
seven-story
of
accord-*
space,
hig to a Chicago dispatch. Upon completion of the new unit scheduled
October, the, present canning building
will
be completely re¬
modeled.—V. 155, p.
2369.
for
at market quotations/——
—L
Treasury bills, due Sept. 16, 1942, at cost
(demand deposits)
^
Receivable for securities sold——
L
$81,402,498
—
S.
999,120
Cash in banks
,
Receivable
for shares sold
Dividends due June 30, 1942
Accrued interest receivable
received
that
The
118,050
-
date—
2,925
-1
on
Morris & Essex RR.—May Reduce Dividend—
'
:
not
7,231,085
V
24,071
—*
_
31,958
$89,809,708
of
independent
this
has sent
company
likelihood
share
/ Total /
Liabilities—
are
estimated
$'l
24
at 25%
over
1941
rates.—V
156
'
Manhattan
payable July
taxes____
for
purchase
preferred
stock,
of
20,
'
■.
a
reduction
a
directorate.
Jan.
on
2
and
year
and
in
'«•
to
its
dividends
The
$1.75
1941.
notice
of
stockholders
pointing out the
urging the election of an
been paying $2:12Va per
July 1,
This rate was paid
and
company, has
share
per
?
on
1
•
>
special meeting will be held
July 28 and explains the decision last April by the U. 8. Circuit Court
of Appeals, paves the way for the Government to ask the
court ta
Total
•Net
The
.
-
1942__!
$1,446,832
35,195
securities-*—,
111,158
Payable for repurchase of shares
10,930
—
$1,604,114
——
assets
•Based
on
——I $88,205,594
30,
carrying
1942.—V.
securities
at
market
155,
p.
quotations,
equivalent -<to
shares of $1 par value each outstanding
2459.
.
Quarter Ended June 30—
Tons of
Net
ore
income
milled
from
Development and
1942
—■/ '.
—
metals
-Earnings—
/
..,
85,337
•
produced--.
$262,732
$241,251
costs—1,
199,634
payable
restrain
the
dividends
■
$63,098
$75,238
500
profit
2,530
revenue
total
for
Profit
before
for
$63,598
—
$77,768
^
taxes,
on
July
account of accumu¬
3JL
to
holders
nf
tax
7,250
1
write-offs.—
1
$63,598
,
1,635
applicable to
depreciation.—V.
155, p.
1942
on
account
of
increased
v
.,
inebme
of
$70,518
53,389
lines
Since
&
Western
RR.
from
Co.
paying
and( to use, the rental
1934.
'The
;
The company
further points out that if they must bear these- income
a
very serious and permanent impairment of the
will
yalue of
the/stock, .and consequently
mean
/
The
directors would
of
the
proxy
shared
V.
by
Lackawanna
not
seek
solicitation
Adams
154, p. 1266. -
the
estimated
is
Feck and
&
calls
for
a
management
reelection to
B.
W.
at
new
and
.independent;
previously
Morris
$500
Pizzini
&
&
stated
Essex
their,
board;
Cost
and
will
Co.,
it'was
be
initially,
stated.—
~
/
.
1
Corp.—Earnings—
6 Mos. End. June 30—
Of
&
i
trade
Profit ^before
other
income
income
&
7,108,607
329,621
expense
other
expense
Total
income
;
$2,261,453
$842,99837,717.
.
$2,303,158
expense
cess
convertible sinking fund
provision for normal, surtax
profits tax
—
$880,715
-
84,030
•Estimated
,
$225,000 of first mortgage 4V2%
179,359
617,109
41,705
.
60,509
.
& ex-
^
1,928,750
—
•
$7,756,380:
6,116,914
577,839
—
,
1941
disc.- $10,277,520
sales
Provision for depreciation
Shipping/selling & administrative
Other
f
:
1942
Gross' sales, :less returns, allow.
'
283,275
March
1, 1937, have been called for redemption as of
Sept. 1, at 101 and interest.
Payment will be made at the MercantileCommerce
Lackawanna
leased
taxes
taxes it
Other
dated
three
adjourned
write-offs
1680.
Mengel Co.—Bonds Called—
total of
Delaware,
on
the
money for pay¬
management added they had
been
advised
by Lackaiwanna that in light of • the - court decision;
Morris"& Essex will probably become involved in court
action,, which,
if lost, will result in a reduction of dividends. - •'*
\
v
'
ment
Cost
profit—
expenditures
Note—No
says
166,013
operating
operating
Estimated
Capital
1941 ~
48,725
notice
proxy
Mullins Manufacturing
Non-uperating
A
Refrigerating Co.—Accumulated Dividend
$3 per share has been declared
the48%
v
,
bonds
A dividend of
'
$504 925
—
cost of
taxes
11
Provision
taxes
255.
on
June
16876
producing copper is after deducting gold, silver
and zinc concentrate values and includes all
operating costs, Arizona
taxes, Federal social security taxes, depreciation and administrative ex¬
penses, but does not include any allowance for mine
depletion, capital
stock tax or Federal income and excess
profits taxes.
lations
or
excess
reduction
Estimated
share of
•The average
$659,149
railroad operation)
Net income after provision for all
p.
$56.22
Matachewan Consolidated Mines, Ltd.
11.797ic
——
income
Federal
per
their
Maryland
all
acceptance prices stated in
to
$14.61 per share for
6,037,912
.
21,652,819
income
Earnings
with
opera¬
1942
~~
(including
Federal normal
Estimated
:
Nil
,
155, p. 2281.
Box
directorate.
the 6 Months Ended June
•Average net production cost per pound
Total
informed
purchase
—-
division,
>
Mining income
Other
'
$10, payable Aug. 10
of this trust, a certain portion of its assets must of
necessity be
kept in cash, or its equivalent, and it is felt that part of such portion
can
advantageously be used to help support the credit of the Govern¬
ment through the acquisition of United States
Treasury bills."
Pointing out that although the average number of shares outstanding
during the quarter was slightly less than 6,000,000, the total on June
Magma Copper Co.—Earnings—
net
1
tion
June
Average
law.—V.
The
30
r.-
-
Payable for
charge
of the
company's
industrial
chemical
Charles Hermann, who has resigned.—V. 155,
Copper
of
of
on
the 6%
cumulative preferred stock, par,
to holders of record July 31. This compares with,
share paid on Feb. 24, last, on Feb. 24 and Aug. 12, 1941,;
and on Aug. 12, 1940.
The previous payment was 50 cents on June 21*
1937.—V. 155, p. 603.
\
,
$4,000,000
"To finance this war without extreme inflation, and thus to maintain
the stability of investment values, < funds must be
forthcoming from
all available sources, both individual and institutional.
In the
Reserve
direct
approximately
issued
rise in
a
of United Sates
amount
Distribution
the plan.
by
New Vice-President—
attached
from sale
§$115,066
$3.53
sale
-
debts
ceeding
have
Securities
Inc.—Reorganization Completed
of
ing him from
'
.
.
will
York
Watts
1942, compared
and an increase
,
reorganization
new
National
of the px-eceding
outstanding to a
high of 6,037,912, which compares with 5,942,499 shares on March
31, 1942.
■
'
.■
:
' '
The current quarterly report also discloses that
during- the three
$0.78
2460.
p.
from
pending
(And
U.
stockholders
Arundel
•
Corp., all of Baltimare, Md., and Ward, Sterne,.
Birmingham, Ala. The Maryland Trust Co. of Bal¬
depositary to receive and open all tenders.—V. 155,
of
act
$10,533
$0.40
share
common
McKesson & Bobbins,
its
are:
Corp.,
instance on liquidating value of the
liquidating values are shown on the call
was
New
Baker,
Leach,
&
This
227,920
$15,481
per
♦Deficit.—V.
all
on
'
59,712
121,557
$663,631
$1.16
gain
rate
1942
Massachusetts Investors Trust—Asset Value Up—
on
Federal
tenders
$54.47.
to
Co.. of
.
106,363
—
dividends
Earnings
received
1514.
p.
$801,165
218,000
—
profits
§$57,660
company has declared an extra dividend of 2%%
in addition
to a final dividend of 10%, both less
tax, for the year ended March
31, 1942.
Dividends for the year will total nVt%, the same as In'
the preceding year.—V. 150,
p. 4131.
each
The
.
excess
§$115,066
274,000
$217,387
j.—
—
1—Charter
Metal
Colonial Bond & Share
June 30,'42
profit
Common
6 Mos. End.
June 30, '42
inc.
Preferred
for
corporations
limited
in
tenders
&
are
difference
-Quarter EndedPeriod—
Net
be
must
Debenture
arrangements
latter
$44.51
from
$7.64
for
White
G.
will
MacAndrews & Forbes Co.- -Earnings—
Federal
call
aggregate
the
certain
range
depending
401.
p.
$937,631
:
178,141
share_T
estimated
account
made
the
outstanding.
Shares
Earnings
the
.
call,
debenture,
State,
share
stock, payable Aug. 1 to holders of record July 21. This com¬
with $2 per share paid on Feb. 2, last, and $3 on Sept. 27/
The previous payment, $1.50 per share, was made on
Sept. 24,
',941.
tenders
Investment
..
have
which
to
prices
"As
common
pares
in
the
in
debentures
'
Luther Manufacturing Co.—$3 Dividend—
$395,528
The
$600,-
mortgages held by the corporations at par and accrued interest,
the corporations need additional funds to purchase deben-v
holders
The
approximately
Corp.
outstanding.,
that
observe:..
Lukens Steel Co.—30-Cent Dividend—
-
have
corpora¬
new
1941, and $2
.
that
the
.
.
The directors on July
per
aggregating
of
Potomac
Consolidated
Debenture
Corp.,
Potomac
Debenture Corp., Potomac Realty Atlantic Debenture
Corp.,
announcing
tures at
to
1754;
p.
§57,660
iden¬
are
Casualty-Co.
Assets
pursuant
State
1942,
751.
Aug. 28 to stockholders of record July 28.
share paid on Feb. 28, last; $1.65 on Dec.
The
securities
whose
Maryland
tlncludes $184,5y0
iFor
months
three
Louisville A Nashville
cents
of
debentures.
tax
Co.
quarter,
"
their
Continental
corporations
holders
Agee
$314,978
accruals
to
income and
baais
corporations
guarantee
participating
Standard
In
J.
336,310
'
&
taxes.
per
regarding
3—In
Corp.,
timore
*On
29.
Debenture
State
taxes
Gain for the period
as
cash
Corp.,
ticipating
JAdjust
of
before July
Corporations
These
$1,729,303
—/
t
Depreciation
Note
$447,485
provided
1940
profits
^Includes $335,326
partly
debenture
tenders
Debenture
debentures
$2,867,253
Accrued
$331,252
the
End.
Depletion
P-
corporations
par
Co.
Mos.
*$739
2459.
interest
for
consist
par
Long-Bell
the
call
a
other
accounts, lit
income
own
period
at
Earnings of The Long-Bell Lumber Co.
3
155,
mortgage
a
a
share, and 81,451 shares of preferred stock of
share.
The corporation owns practically no
per
Therefore,
also
of
outstanding
per
$100
Lumber
the close of
of
as
§115,066
and
eludes $989,302 gain
tal stock,
§Loss,
.
$27,761
with
issued
or
the
inc.
-
sion
tified
1941
658
for
?
§83,114
U, 020,745
taxes),
Fed.
Net gain
JEarnings
1939
$1,850,780
(bef. prov.
inc.
/
255,
p.
1940
$1,776,934
59,817
Fed.
$609,015
into
same
Earnings—
*335,711
for
Prov.
Maryland Casualty Co.—Invitation of Tenders-
Interest
Loss
for
common
*Deficit.—-V.
seven
Mos.
inc.
the
prof,
prof,
308,909
$492,782
convert
$2,104,993
$917,924
'
304,311
to
1941
$374,612
transactions
lor
interest.—-
and
Long-Bell Lumber Corp.—Earnings3
available
1942
1
exc,
359,654
bonds
E. S. T., Aug. 27.—V. 156/
m.,
*
-
mortgage
amount sufficient
an
exceed
first
30-
190,768
419,241
called
p.
opers.
285,479
Long: Beach Gas Co., Inc.—Tenders—
The
June
other
on
loss
Net
reserve
earnings
fixed
the
depreciation
Net gain
'
follows:
Div.
3
End.
excess
Total
July
of
expire at 3
revenues
income from
common
Net
as
Mos.
Total
Net
ex-
taxes.
rtir.
holders
will
262,008
36,466
—
_
taxes
Prov. for
on
3
$307,228
1,701
—
Maintenance
share has been declared
per
value, payable Aug. 22
par
stock
Merchants & Miners Transportation Co.
1942—12 Mos.—1941
$331,263
20,898
revenues
Federal
A
no
rights of
after
Gross
General
cess
Lone Star Gas Corp.—20-Cent Dividend—
stock,
Co.—Earnings—
1
26,121
—
Monday, July 27, 1942
All
on
common
1942—Month—1941
revenues
income
Operation
2008.
p.
oper.
Non-oper.
issue
$2,540,732
$3,056,188
$538,441
$697,100
—
Total
1942—5 Mos.—1941
1942—Month—1941
this
on
,
.
Marion Reserve Power
Period Ended June 30-
Period Ended June 30—
made
was
Bank
& Trust
Co.,
trustee, St. Louis,
Mo., or
National Bank of the City of New
York, New York, or at
Title Trust Co.,
Louisville, Ky.
at the Chase
the Kentucky'
Net
profit
$290,378
Earnings per common
'
*In
1942
the
the
statement
profit
after
share-2—___
issued
taxes
for
the
amounted
$536,931,
$0:35
three
to
months
$315,081.
ended
At
•<,
$0.80
March
that
time
31
no'
bill
tax
had
1942
for
been
and
reported
taxes
shown
Balance
statement
on
1941 tax rates.
based on the
were
Assets—Cash
securities,
The following taxes are included in the operating results
above—unemployment insurance taxes, $40,988 in 1942 and
(1)
Note
shbwn
1941; Federal old age benefit taxes, $25,762 in
421
in
1941; real estate, property and franchise taxes,
1942, $31,615 in 1941.
in
$73,262
Note
(2)
arriving
In
and
Surtax
at
amount
estimated
an
in
etc.,
tax
purposes.—V.
tax
what
recently
directors
declared
dividend of
a
$2 per
share
the
on
Operating
Dec.
31,
Operating
Mutual Investment Fund,
June
Other
Inc.—Earnings—
Amort,
$26,862
________—„
—
distribution
profit or loss from sale of securities, available
fPeriod from Feb. 11, 1941, to June 30, 1941.
"Exclusive
Balance
owned
Assets—Securities
due
sale
on
by
held
Gross
res.
314,857
4,254.964
3,815,172
106,713
68,954
1,279,169
757,323
870,886
825.296
,75,617
receivable,
$2,975;
value,
$223,749
$2,344,385
62
1,418
$223,811
$2,345,803
mtge
61,875
742,500
this
of
company
dispatch,
210,000
bonds
were
for
more
Nash inventory —V.
9,425
constr.
9,254
118,850
to
Cr30,929
and
..
v'
who had
Greene,
National Aviation Corp.—Earnings—
New
the
Ended
Months
6
30—
received
Dividends
Interest
June
,
/
.
-
f
for
414
'
:
.
Total
Salaries
*
_*_;_,
income
in
22,131
Federal
the
V
to
-
July
Feb.
and
usual
the
stock;
17.
Like
Aug.
1,
stock,
amount
and
follows:
payable
30,989
$56,867
$20,270
registrar
Balance
cost
at
Receivables
>.
•
•
June
Sheet
'
$5,965,626
774,351
bonds
1941
$6,127,870
29,600
Paid-in
' $7,321,927
surplus
tTreasury
Total
stock
477,275
by
155,
1
___
shares
with
Aug.
1,
in
.
,
1941
of
4,139,369
663,654
greater
$7,321,927
_■
by
taxable
$175,833
•
"No
Steel Castings Co.—Special Of¬
commission.
p. m.
and
3
"Net
Quarter
Account,
profit
from
2,635,856
Fixed
1,266,302
Investment
CT23.242
misc.
$259,963
11,329
$3,686,074
1,012,473
1,012,473
—.
tax
return,
the
576,528
576,528
1,481,053
company
resptet of
and
expense
has,
in
accordance
bonds refunded
on
in
October,
Net profit<■——i
deductions
Prov.
for
taxes'-
income
Prov.
V
Fed.,:
for
;
_____
Accounts
—
excess
' ;tOO,0p0t
-
;
for depreciation
provision
of
$32,169
;
•/.
'
$6
$61,000 set up, reducing
.
———
—•
.
$241,166
_
$267,257
1940
Tptal
income
Taxes
Fed.
Net
—_
income
tax
for
1940
and
income
Dividend
int.
—_
—_
46,099
($100
8,937,107
Sacandaga
accrued
reserves
1
Earned
252,649
643.901
25,148
of utility plant.
^
19,070
2,106,130
—t
for depreciation
117,356
628,489
——————
and" accrued liabilities
400,442
117,356
Reservoir
2,107,458
395,030
783,122
to
20,550,000
2,721,950
l—.
deposits
69,574,568
20,550,000
Niagara Hudson Power .Corp..
payable
2,187,975
15,392,565
13,693,595
52,239
——
.
52,239
778,652
759.902
2,322,783
840,317
148,340,482
surplus
Other
72,591
5,587
9,458
4,282
fixed
Earned
surplus
,
$197,425
$188,772
$183,470
183,783
202,552
177,425
22,685
3,552,781
23,500
125,879
3,462,020
—$57,201,412 $56,117,216
' \
1924.
North American Gas & Electric Co.—Rejects
All Ten¬
ders of Income Bonds—
Securities and Exchange Commission
The
notice of
Section
and order reconvening hearing Aug. 3
of the Public Utility
1Kb)
-
"J"
Light
&
165.
American
North
Called—
'
:;
Electric Association—Output—
Gas & Electric Association
reports electric output of 11,297,007 kwh. This is a decrease of 309,234 kwh., or 2.66%
below production of 11,606,241 kwh. for the corre¬
sponding
week
a
year
ago.
f
,
.
,
,
—
;
Debentures
outstanding
.
30-year
series, due July 1/ 1956
See also V. 156, p. 257.
premium.
American Rayon
—
the week ended July 17, New England
•
Co.,
sinking fund debentures, series A,
(except those held by The North Amer*
lean Co.), have been called for redemption as of Aug...21„ 1942, at
100 and interest.
Payment will be made at the City National Bank A:
Trust
Co.,
trustee,
Chicago, 111.
Debenture holders who surrender
their debentures for payment will not be deemed to have waived their
right to receive a premium if it shall be determined in the event of
any judicial review of the July 11 order of the Securities and Exchange
Commission that such holders are entitled to receive such premium.
The Commission had directed the retirement without the payment of a
the.
of
All
5'/2%
North
New England Gas &
"...
Power
144,209,279
155, p. 1924.
For
3,155
349,981
127.908
construction—
of
——
p.
33,655
501,192
4,628,349
aid
T
Total
155,
36,817
3,857,078
11,128
capital—
1_
—a.—';
in
Contributions
of
•
654~223
746,704
349,065
.———______
deprec.
for
reserves
$260,342
69,027
——
—___
—__
credits
Deferred
—V.
200,000
131,000
735,429
28,089
——4
__—
3,007,800
—
(Feb. I, 1942)
accrued
redemption
Total
$267,257
2,507,345
companies
payable to banks—.
bds. called for redemp.
Accounts payable
Customers'
Deposits
8,937,107
69,457,212
debt
current
144,209,279
$260,342
37,761
,
...
—_
29,563
..
par)
(no
relating
Interest
Other
$243,928
—__
_______
■*,
Taxes^ accrued
-V.
Expenses
par)—— $20,593,000 $20,593,000
23,449,500 23,590,500
Notes
accrued
88,176
$57,201,412 $56,117,216
VyV
.
,
42,235
p.
Liability
2 ,761
;
;
—
associated
from
Advances
progress—
14,463,900
Accounts
•
,
(no
6,134
26,634
698,809
636,461
50,190
193,148
expense—
—
debt
225
259,490
•9,808,800
,
Contributions in aid of construction————.
1941
in
1,281
—5,865
21,731
&
:
stock
994,750
assets———
debits-.
„i
Common
—:
discount
work
Long-term
1,082,291
225
369,155
reserve———;——
working
debt
deferred
970,448
265,000
receivable———_
—
current &
Retirement
997,384
3,119
—
9,608,800
Other
1942
•
-
supplies——)
&
965,772
companies—:—______
less
dividends
1940
1941
835,968
_—_____
receivable,
Total
81
$53,005,876 $51,798,261
accounts
-associated
Unamortized
Other
Dec.
—
14,463,900
Customers'
-.
Sheet
Balance
—1..
par)—
"
——
preferred stock
stock
Advances from
the earnings for that period
preliminary computations.
cumulative preferred stock (no par)^-.^_.
Long-term
4
National Investors Corp.—Earn ingsdividends
72,344
134,805
regulations*
determination
the
based upon
Consolidated
and fund
Prepayments
Other
1,124,769-
40,098
148,340,482
v'.-
•
Deferred credits
6 Months Ended June 30—
Cash
—>
itft sub¬
and
has served company wit!*1
in proceedings under
Holding Company Act of 1935.
,
In view of the nature of this order, the board of directors of th#
company has decided to reject all tenders of income debentures re¬
ceived in response to the company's call dated July 1, 1942.—V. 156,
Common
of $319,746 -after Federal taxes.
The total net earnings
1942,. therefore, are now $585,690.-—V. 155,
2186.
Interest.
1,351,628
58,538
progress.^——
debits
deferred
Reserve
:
-
1,220
$1,194,056
company
V
&
Materials
1,042,230
working assets—.,
in
2,020,873
912
1,485,792
——
$2,626,1901
1*432,133
with' applicable
accordance
in
the
returns,
tax
772
——2,185,416
reserve
——
work
7%'-cumulative
$146,512 in 1942,
tEquivalent
for'the'first six months of
p.
less
supplies,:
.-Liabilities—
$148,132
-
figure
1,496,767
605
Total
557,000,
+$4.73,529..'
*$265,943;
Interest
a
.Note*—The^ provision for. Federal -income taxes have been based on
the 1942 Federal Revenue Act as approved by the Ways and Means
Committee, of the House of Representatives.
The tax reserves for the
first threfe months of 1942 have also been recomputed and an addi¬
a
.
dividends receivable^—
and
current and
Other
7,000
74,000
1941, $116,264 in 1940 and $110,475 in 1939.
to 55 cents a share in 1942 and 98 cents a share in 1941.
to
—
,
in
tional amount of
accounts
——
receivable,
Retirement
143,000,;,,
—;
"After "deducting
1940
137,337,424 136,808,379
1,348,929
1,461,021
'1
Net: profit '.*'
$132,159
Other
6,345
49,159
,
tax,1—a,1,227,500;
profits
•
1941
■
—
Prepayments
$45,514
$271,291
$1,230,754
225
$1,649,2281
.12,785..
normal
Fed.
income
—
Interest
4,501,576
Materials
Other
•'
•:
Interest and
13,795
1,402,872
——
Sheet/Dec. 31
Balance
fund
$2,612,39#
$1,380,352
——
-
—
Liabilities— '■
taxes was required for the
"
plant
and
1,093,113
1,108,347
$2,787,758
receivable
Notes
will be approximately $90,600
1341
for Federal normal income
receivable
493,854
1,316,800
372,795
taxes—595,103
Dr4,535
Cash
.
Notes
14,698
27,591
,12,916
Cash
July 1/39
$30,817
5*813,101
504,809
•
Federal,
to
Advances
-22,371
Reserve
Subs.)
$11,702*051
1,311,290
*
.
capital——
Cr89,598
1
■
Investment
(Incl.
1940
.
$2,783,224
required
was
Cr5,350
made at 12:38
June 29/40
■
1941
,
—
Assets—
Taxes
-
June 27
tax
Cr89,597
provision for Federal excess profits tax was required based upon
Utility
28/41
$1,203,163.
$1,636,312
oper.
Int., divs., rents &
Ended
was
June 27,'42..June
Ended—.
Months
offering
all sold at 12:41 p. m.
was
Income
The
'
of taxable income; the
amounts so
claimed in respect of 1940 were $26,236 greater and ill
respect of 1941 will be approximately $40,000 greater than thd provi¬
sions made on their books.
tNo provision for Federal excess profit*
$7,497,764
common—.——,———
V
v
—
companies have,
depreciation in
sidiary
nrl4,941
1,254,388
preliminary computations.
1
31,
December
:
1st mtge.
No
cents
their
3,270,963
$6 preferred
discount
fife
new
completed
•
.
Ended
Years
income
"In
the provision made on its books.
debt
165.
deductions-
Net
$7,512,705
1939 and 1940 and the provisions for the year 1941 was sub¬
stantially reduced as a result of the deduction of the premium and
2,000
will be
and
income
3,450,667
_
regulations, claimed depreciation in the determination
the amount so claimed in respect of 1940 was
provision
City,
••
p.'
Account
income
income
claimed
585,230
years
fering—Shields & Co. made a special offering of 4.500
shares of capital stock (no par), July 16, at 15%, with
45
Total
-2,630,505
preferred—
and in
and
rebuilt
be
income
$3,069,841
greater
156.
must
underway
—
taxes
Gross
1940
income;
than
York
New
,
.
now
;—,———,
Operating
$6,882,550
:
income
pits
ash
is
,•
7,271
Federal
unamortized
National Malleable &
installed.
•;
•
Other
;
•
1,480,369
.
debt
l'/'o
in
15 cents,)
1939.
.
addition,
conversions
the
tProvision for Federal income
3,019,000
—
applicable
119,319
2,386,373
+Represented
$5).
(par
taxes
premium on debt—^
declared,
its
fin
2369.
p.
A like
20.
1,401,639
construction
to
the
buildings
largest
"Depreciation
10,709 ,D88
charges---
of
declared,
Dividends
10,761
$7,087,177
—.
—
"Represented
shares,—V.
cost
at
•••
$6,867,056
Dividends declared,
$2,451
4,139,369
497,305
Drl3,675
1
__—
—
Dividends
59,409
-
__
July
the
on
13,095,932
income
2,386,373
r
„
surplus
Earned
Net
"■
declared
stock
"Capital
In
dampers
Dr15,493
charged
connection with the
company expects to
in
made
plans,
approximately
the
of
September.—V.
early
Accounts
16,177
—;——
Interest
the
5,047,431
income'.
Miscellaneous
$2,219
Dividends
income
taxes
long-term
conservation
program.
Income
$20,945,593
income '„-l.
interest
Other
17,634
'
V';./
Accruals
—
share
Payments
income
Gross
users
Annual Report—
of
3,128,150
other
being
Is
which
of
23
the
each.
on
on
1,146,823
330,103
•
taxes
in
1
Amortization
7,064
$7,087,177
for
Other
,
charges.—10,033
Liabilities—:
share'
and
5,051,352
_
_
for
Interest en
1942
-
Total
Reserve
Provision
Operating
■
.1—.1———J——"
deferred
per
holders
last,
1941
Federal
fill 350 railroad
to
Niagara, Lockport and Ontario Power Co. (& Subs.)—
$23,492,816
-
-
for
enough
Light Corp.— -Earnings—
„
"Provision
119,319
fees,
tlncl. State
40% rate and
.
-
—
&
•
I*...—.——I—
_
_
30
by
share
,
Maintenance
/'V' • /':
Treasury bills and defense savings
Prepaid
last.
13 cer.ts each;
fuel oil,
State.
one-half
$At
taxes.
income
;
Investments
Cash
1,
May
1,
155, p. 2460.
during
Board's
including
and
Work
$17,800
59,409
custody
charges,
except
taxes,
'
$49,531
—
surtax.
S.
____
—————r"
transfer
and
other
and
taxes
*—
Assets—
;•
638
——
.
U.
1,832
income
—I-
income
"Incl.
Incl.
$7,336
proposed rates——a—-.
normal
1941
cover
increases
Operating revenues: Electric—
i—:
$13,270,460
Operation ———-———6,963,153
per
record
Operation
Dividends
franchise
and
May
cents
of
electric
Federal
to
2,
York
New
than
tons
two
doors
:
,
402.
15
of
gas_^„^
to
air
154,
per
cents
1
Feb.
Years Ended Dec. 31—
tDepreciation
$7.50
rates
Heavy
headquarters buildings of the company at 140 West St., New
York, N. Y., and 101 Willoughby St., Brooklyn, N. Y., will both be
changed from oil to coal for the duration.
In the latter building the
fire-boxes of the huge high-pressure boilers to be converted must be
rebuilt and the boilers must be supplied with grates weighing
about
Other
Power &
revenues:
-
and
;
cents
of.. 75
on
p.
to holders
30
and
30
revenues:
——
Profit
'-Net
155,
dividend
a
Jan.
on
Jan.
at
effect.
in
The
wholly-
a
Corps.—V.
15
seaboard
change-over
included
are
16. 4
principally
airports
Aug.
disbursed
were
July 31
Operating
r___,
—
July
:
dividend of
extra
in
the
buildings,
has
year,
on
Aqua Systems
Marine
19 cents.—V. 155, p. 265.
York
New
•
Increase
and
dividend
sales of securities—17,093
Estimated
commercial
both
Operating
6,346
taxes
1938.
\
$10,
declared
disbursed
was
as
Nov., 1,
accrued
been
still
5,677*000 gallons of oil
used for this purpose during the last heating season.
Stand-by coal burning facilities will be used to
their maximuni
Systems,
this
equipment,
semi-annual
par
payable
have
are
2,800,000 gallons of
Maintenance
common
$331,871
capacity and in many cases extensive alterations are being made to
convert existing oil-burning plants to coal.
A total of 47 telephone
1925, has been
since
filling
Guard
1940 and 1941.—V.
have
trustees
<$512,177
"$7.09
will be released to war industries, and other essential
Production
less
use
New England Fund—15-Cent Dividend—
The
9,667,670
$120,084
$1.84
1942
which
Act
eastern
With
War
1942, addi¬
announced
was
in April,
and
plants,
an
amounts
$51,259
expenses
I
etc.,
for
taxes
than
the
'
1
share
per
buildings
current
Aqua
since May of
it
'
declared
have
capital
record
5,457
capital stock,
the
ended June 30,
Meter Co.
Coast
Navy,
10,955
operating
Profit
Loss from
York City,
manufacturing
$73,960
for
for
Vice-President of
company,
storage
5,527
8,690
+Provision
Other
been
the Neptune
installs
Army,
directors
25,846
——; '
services--,
accounting
of
..
.
addition
on
:
____——4,160
—
Legal &
$13,415
of
New Brunswick Fire Insurance Co.—Extra Dividend—
$96,779
$117,552
in
the
for
were
,
and
gasoline
1381.
The
9,279
.
subsidiary of
fields
p.
$87,500
$117,137
,
received
President
manufactures
1941
.
499,100
$1,229,662
..v,/',,
Aqua Systems, which was organized
1
•
-1942
J
....
named
owned
'
.
499,100
-
.
...
L.
9,723,131
the next heating season, according
to estimates
of New York Telephone
Co. engineers, as a result or
plans for switching to the use of coal to heat many of the telephone
Neptune Meter Co.—Subs. Elect PresidentEdward
2,333,551
"$434,834
"$1.78
—
Revenue
More
required under the Revenue Act of 1941,—V. 156,
been
133.
p.
taxes
the twelve months
.
$9,999,442
2,333,551
tank cars,
$1,728,762
$1,305,382
stocks-__^„^
Federal
for
for
to the amounts
tional
preferred
$135,559
$806,282
$176,736
$2,453,636"$10,235,308
'$2,768,385
New York Telephone Co.—Oil To Coal—
Cr4,123
—
provisions
1,269,427
1,176,074
—
mately will prove to have been.—V.
113,005
Cr377
$123,203
applicable
p.. 82..-,
sold on July 21, according to an
than $1,200,000.
The firm was
150,
$2,786,719
Cr4,662
deductions
to
.
17,500
income
month
retain
the
90,286
$15,074,713
4,906,483
5,075,271
$3,723,063 $15,141,791
imposed by the
in these
rates applicable to
1942 are under consideration by Congress.
Thus
net income shown herein for the periods ending June 30, 1942, is, to
the extent that taxes are retroactively increased higher than it ulti¬
210,000
61,875
bonds
int. &
chgd.
"Includes
its corporate charter.
President A. J. Long, Jr., stated: "What we will do with the charter,
or
how, if at all; the firm will continue in the* future, has not been
decided."; "All physical properties, including real estate, raw materials,
finished products, machinery and equipment, were disposed of.
The purchasers are said to include a group of Cincinnati residents
headed by Coleman Harris and the Michael Tauber Co. of Chicago.
In
a
separate transaction, the Cincinnati Tailoring Co., acquired
the trade name and good will of the Schaefer Tailoring Co., which the
Nash
company had
absorbed in 1923.
With it went a substantial
amount of
$14,979,42?
742,500
17,500
deductions
"Federal
$2,790,144
Inc., 385 Gerard Avenue,
Press
Co.—Earnings—
1942—12 Mos.—1941
35,401
$3,944,459
income
Earnings
3,425
$207,341
______
debenture
Net
(A.) Nash Co., Cincinnati—Sale—
to
cubic
158,725
70,298
income
Ealance
on
provision has been made in this report for Federal income
or
excess
profits taxes as the corporation is being maintained as a
mutual investment company and it is anticipated that all of' its netL
income will be distributed during the current year.—V. 155, p. 1841.
assets
88,234,000
at
$3,687,662 $14,983,065
$3,874,161
(net)
Dividends
9,600
9,435
26
on
Int.
Note—No
The
800
$207,315
revenues
on
Other
(market
custodian
*
.
income
Net
655,000
705,000
56,600
785
Int.
Balance
Associated
69,382
60,.900
approp.
income
deferred
permitted
income
operating
Interest
1942—12 Mos.—1941
limited-term
Int.
of
redemption
on
reported
$23,001,010 $21,718,247 $89,195,982 $83,276,018
15,591,461
14,427,806
61,023,302
56,727,965
"3,535,389
3,602,780 "13,189,615
11,572,624
—.
Total
355,609
_
Income
capital shares, $1,414; accrued
taxes and expenses, $2,881;
distribution payable July 15, 1942, $11,113;
capital stock ($1 par), $111,126;
paid-in surplus, $1,383,990;
security profit and loss account, $231,789; total, $1,278,735.
Liabilities—Due
is
1942- 3 Mos.—1941
___
Other
$8,849,110
.
oper.
Other
1942
30,
June
Sheet,
and
$233; accrued dividends
total, $1,278,735.
shares,
charges, $155;
revenues
expenses
Net
to
$9,463,839
expenses
Dividends
capital
30—
Taxes
1941
cost, $1,256,132; cash—in hands of custodian, $18,993;
of investment securities, $247; due on subscriptions for
at
$765,384)
week,
cubic
Invest¬
amounted
1942,
$734,342
investments
for
of
distribution.
recorded at cost.
30,
the
to
$806,939
taxes
of
Net
income
"Net
thereof
29,046
—,——:
Dividend
June
Operating
recorded
were
cost
7,821
$18,403
—
$34,683
7,077,
i
$25,480
23,450
Expenses
tax
at June
as
End.
Operating
companies
income
1942—Month—1941
taxes
Prop, retir.
+ 1941
1942
30—
.
Period
Co.—Earnings—
revenues
"Federal
Ended
quotations
Federal in¬
$2,234,576 less than cost:—V. 155, p. 2282.
Period End. June 30—
par $5,
payable July 15 to holders of record July 1.
with an initial dividend of 75 cents per share paid on
last.—V. 155, p. 54.
stock,
Months
market
on
or
Nebraska Power
compares
6
Federal
July 17
3,776,000
New England Telephone & Telegraph
$10,777,424;
$10,115,302.
predecessor
the
cost,
cost for
(at
subsequent purchases have been
based
This
Income—Dividends
total,
from
be
to
treasury
the
of
increase
feet, or 4.47% above production
84.458,000 cubic feet in the corresponding week a year ago,—V. 150,
p. 257.
'
taxes,
surplus,
$2,296,264;
in
at
for expenses,
reserves
for
output
an
of
total, $10,115,302.
$18,303;
par),
$3,149,073;
acquired
other securities,
in
feet,
Government
S.
America.—$2 Dividend—
Morris Flan Corp. of
The
($1
U,
in
investments
$181,783;
stock held
considered
corporation;
ments,
stock
Gas
June SO, -1942
investments
payable,
capital
purposes),
is
$7,205,304,
common
"$500,000;
capital
shares
"Investments
at
1841.
155, p.
cost,
Sheet,
$657,118;
banks,
dividends receivable, etc.,
$8,903;
come
Normal,
has been applied
against the taxable income to June 30, 1942, after allowance has been
made for certain depreciation carried on
the books and not allowed
for
in
Liabilities—Dividend
478,433
Federal
for
tax of 85%
Profits tax an overall
Excess
at
"$8,939,880;
1942, $24,$50,600
345
THE COMMERCIAL & FINANCIAL CHRONICLE
•
156' '.Number 4093
Volume
Period
Net
-
profit
$Earns.
per
"After
the
basis
com.
share
Corp.—Earnings—
24 Weeks
12 Weeks
June 13/42 June 14/41 June
"$303,621
$0.55
.+$365,289
$0.65
13/42 June 14/41
"$615,758
$1.12
+$704,940
$1.24
for estimated income and excess profits taxes on
of, the Revenue Act of 1941 and after additional reserves
provision
THE COMMERCIAL & FINANCIAL CHRONICLE
346
50-Cent Dividend—
and $316,000 for the 12 and 2*-week periods, respectively,
increase in Federal taxes based on latest information.
of. $139,000
tAfter depreciation, provision
come and excess profits taxes at
The
for all taxes including (estimated in¬
the existing fates and after reserves,
the
record
of
$120,ObO and $220,000 for the 12 and 24 weeks ended June 14, 1941,
respectively, for probable increase in Federal tax rates,
fOn the combined ,300,000 no par shares of class A and 212,374
no par shares of class B common stock,
of
have
directors
stock,
common
July
declared
a
dividend of
cents
50
share oh
per
_
15,
par $12,50 per share, payable Aug, 15 to
A similar distribution was made on Feb.
30.
holders
15
Miscellaneous investment
and
Cash'
last.
Pacific
Gas
Electric
&
Co.
Working funds
Prepaid
.
'.'
Total ■'
::
.
1940
1941
Liabilities— :
$2,50
'
Gross operating revenue:
Electric department—**
Securities Corp.—Earnings—
'
Six.Months Ended June 30, 1942
the
,$133,349
Miscellaneous expenses **—:_———————.—**—-'•991 i
Provision for Federal income tax-.:,-——.—;**——*—**.,
;
5,800,
provision for other taxes——.****..—:***—!—*****—;***'
>
'2,0Q0
Income-—Dividends
.—*._—■u-***.***.
—
Steam
Net income ———**.,:***r***—*—.*,*—***.** %
4
Natural
tax
;
»
in
Assets—Investments
Sales
stock (60,000 no par shares) and com¬
mon stock (466,548 no par shares), $1,500,000; capital surplus, .$3,383.248; undistributed income, >$251,946; dividends unclaimed, $304; taxes
accrued, $17,170; total, $5,154,669.—V. 152, p. 838.
--Liabilities—Second preferred
■*
an
352,977
344,440
4,227,939
1,814,416
Provision for doubtful
16,757,710
Pension plan expenses
15,741,166
■
•In
'
•Net
3,155,052
;
,
•
•1,122,687
—
222,369
212,076
,
-
_*..
Taxes assumed on interest.
Interest
issued a certificate permitting abandonment by
line of railroad extending from Scammon rto the
end of the line at Cherokee Junction,^ approximately 8.1132 miles, in
Cherokee and Crawford Counties, Kans.—Y. 149, p. 584.
/ \
deductions—*———*—.—
Federal taxes—^*4*4*444;
Northern Illinois Corp.—Dividends—
on
the
common
1 to holders of
preferred stock, both payable Aug.
per share on the
record Julv 23.
••.
'■■
10,791,730
dividends
Common
■
^A distribution of 25 cents per share was also made on the common
on May 1, last, as compared -with 10 cents on Feb. 2, 1942.
Pay¬
in T941 on the common stock were as follows:
Feb. 1, May 1,1
■:
1414.
■
' ■.''■"'
»
>
Bala nee
>■
Dec,
Sheet,
-Assets—
31
1941
■
Northern States .Power Co. (Del.)—Weekly Output—
Electric
of
outout
the
States .Power
Northern
Co.
for
system
investments—long-term contracts,, etc.—,
Sinking funds and special deposits—..—
Cash, demand time ..deposits-—-
the
week-ended.
July 18, 1942, totaled 35.134.000 kwb. as: compared with
32,311,000 kwh. for ♦he corresponding week last year, an increase of
8.8%.—V. 156, p. 257,
;
> .
,,
;3'' v;;,.
-
4,535,820
1,301,082
1,636,085
Notes
All
of; the
outstanding
March
1,
1942,
101Mt
at
4%
first
mortgage
series
1937, have been celled for redemption as of Sept. 1,:
and interest.
Payment will be,made at the. offices of
Unamortized
Ont., Canada, or New Lis-,
Unamortized
the
Imperial Bank of Canada in Toronto,
keard, Ont., Canada.—V. 144, p. 1794, { .
Unexpired
taxes,
$724,000 of
for redemnt.ion
terest.
or
New
p.
2370.
called
Aug,
:v
3,
20.
:: 156,533.925
156,533,925:
289,248
Otis Elevator "Co.—Dividend Increased—
The directors have declared
a
51,551
(held by public) —
but not redeemed
called
Bond
payable..,
interest
bond
Accrued
.
516,900
657,432
■
51,765
<
3.521.290
4.269,281
share
the
on
declared
have
addition
to
the
common
434,643"
?
;2,243,772
——
3,130,739;
210,711
:—— !
due—:
interest, etc.*—
17,322,606
1942
13,184,293.
Total
extra
an
dividend
of
-V.
five
cents
stock,
$5,
par
per-
both payable
Sales, tnet
606,401
606,401
l941.
Adjustments will be
155, p. 2011.
royalties, .etc.—
—
Cost'
;
-
—.
(exclV of
expenses
Pacific Petroleums Ltd.—Debentures Called—
•
the outstanding 6%
debentures
—„
37,863,963
9,786,680
Provision
Sundry
for
'
"
for
bad
expenses
sales——
———
55.428
279
880,910
270.308
;
losses—*—*
•
48.644
V
430,101
Pennsylvania Telephone -Corp.—Annua! Report— ; '
Statement
of
Income
for
Years
Calendar
Total
operating revenues
Other
income
757,400
—————
*
11,348,280
618,428
Cash proceeds received from sale of patent rights
and
licenses
37,5Q0
*—*—_**,*_
49,000
;
Amortization of
income
service
annuities—***
.25,967,203
1,391,305
6,321,350
9,133,650
.30,624
******
Federal normal income tax*—,
Federal excess profits tax—
:_—_**_*
******
State ^nd foreign income taxes**—*.
3,560~725
797,950
16,495
;•
depreciable portion of debit bal.
office
salaries
and
operating expenses ^net)
pensions
Net profit for ,period****
shares outstanding
9,090,273
Earnings
per
share
**********
*
2*Kfii'vn4
Net
$*3<42
-
$2
g?
royalties paid, patent, development and other operatine
(including depreciation of manufacturing plants and amortisa¬
tion of leased equipment; 1942, $3,654,187; 1941,
$3,482 187).
tCoverinff
certain employees, purchased under insurance
company contract.
;
Note—Fro vision for Federal normal and
the
amount
are
based
new
required by
on
an
the
present
estimate of
tax law.
the
tax
excess
law.
requirements
profits taxes
The
amounts
under
the
operating income-
,
132,235-
289,218
150,12?
•
32,830
:
—
Miscellaneous deductions} less other income^.***
-
i..
$774,978
jNet
earnings.
on
**—,_**(.*
long-term
interest
■**!
—,
*—-
—
*
*
*
Interest charged to
Amortiz.
debt
—
64,268
$662,354
$714,032
169.000
.
.
221,000
820
2,094
construction*————
Crl2.072
Cr256
.
CJ'3,588
162
•
.Net' income
Preferred
Common
dividends
dividends
*___*.
—
■'**
*
*
■'."
•
1,066,685
•■■'■
■.■■■(
•
53,841
91,126'
$766,160
*$252,929
39,488
39,012
54,908
268,2.15
29,755
50,436
19,339
7,298
18,138
211,792
55,596
96,455-
$1,624,238'
132,338:
805,816
225,135
■
$555,266.
■
,
$1,196,648 i $1,101,434
175,521
142,866•
719,489
'•
615,204
110,603
41,382 %
$443,959
175,730
175,730
318,000
318,000
136,184 '3
165,589
120,251
$526,539
$318,227
266,416
237,125
'3 ,216,480
$260,122
$81,102
•$15;253
etc.t_i
net
of net
profit-
.$90,220
493,350
869,59?
■
53,920
;
28,1*22
;Net prof, for the year
'
•Loss.
1
tPrqfit.
,
,
.
$201,227 •$1,354,769;
inc. ap-
,plicable3to 3 min; com.
&
pref. stockhojlders
'
,
■',
'•
'•
'■
172,515
;7
•$i;527,284'
,"3. '
Consolidated Balance Sheet, Dec. 31, 1941
y"
'
,
.3
3
.
r
Assets-^-Cash;-. $752,558; U.. S. Treasury bonds,-at-cost .(quoted valuer
,
$42,929), $43,185; notes,, trade acceptances and accounts :receivable, (less
reserve for bad debts, $181,107),.$3,613,129; interest receivable accrued,
at lower :of actual or replacement cost, $1;515,7Q6;
special deposits, $588,934; non-current receivables, and investments,
$306,509; bituminous coal-properties,, other properties and equipment
(less reserves for depreciation, depletion and amortization, $5,611,461),*
$15,062,292; -leaseholds (net of amortization), $2,334;
and deferred charges, $137,283; total, $2,028,627.
$1,189,824;
prepaid expenses
accounts. payable,
trade, etc,r
workmen's compensation and public liability claims pay-,
(estimated), $125,362; contract obligation, maturing in.
1942, $17,500; accrued liabilities, $592,669; income received in advance
(estimated), $13,611; contract obligation, maturing subsequent to 1942,
LiabilUies-rBank
loans,
$1,513,269;
able
exceed*
nrovideri
anticioated
,
,
of debt discount premium & expense*
•'•;■ '•■:■■■';:
547,303
6,869
94,579
_**^j__*
$6,698;, inventories,
$726,621-
.
60,946.
'
Interest
General
85,948
prop.,
Consol.
61,164
,
Charge in-lieu of Federal & State income-taxes
•Including
expenses
117,055
185,571
' taxes- •
_***■_!**«_■**
Federal income taxes **i.__****a._—*_—■
;
113,146
.,54,377 3
_*_4*_-
3,465,303
•;'•■'■
'•
-
204,310
j
of
Portion
43,319
42,977
>49,682r ■
•***•*--——
General.
7 640 538
2.661 204
'513,880
145,398
and expenses—*~*
Relief
i
417,984
217,432
.121,450
j!.,
Common
tion
$2 ,618,619
;
Traffic •expense ■*—_v—-*-—*****.j*-—**—
Commercial expenses
*****—*f-^--3
Other
12,015,708'
"■ '■':■■ 1940
442,586
534,549;
fof depreciation *__***—*_*_**__:—
Provision
General
Total
tPast
'
$2,858,226
******—***—*——_
Maintenance^
21,632,381
2,174,483
Loss on sales & demoli*
.- •
1941
■;
188,358
•
.>■••3
17,361,261
$1,024,129
4*:**'
(net) *1*1
1938*
;,--i
23,060
.
depl. & amort,
for Federal -taxes1
Prov.
2,103,742
-'
$1,460,243
—
Gross income
Interestpaid
-
56,433
opers.
— *
.
;
97,292
—*——***—
retired
and
->'•-
-/.
■
Other income *_14—;.*
'
133,67s-
^Operating profit *—*—„—__*4—25;172,303
;
'r"
541,822
•
Deprec.,
'■
debts-*—*.
and
■
628,250
1,296,308
management bonus
on
Corp. and Battles & Co., offered after the close of busi¬
ness July 21 a block of 50,000 shares of. common stock
(no par) at a fixed price of 23% net. Dealers' discount
75tf.—V. 156, p. 84.
;; /y' y,"y. >; :i;:
21,643,631
8,763,89?
279,583
notes
income
'•;,-3 1939
587,464
receivable*-
miscell.
on
the
i,;":yy.:!'/.
Calendar Years
1940
■
Fed.
(net)
Excess of par value over
cost of bonds purch'd
Parke, Davis & Co.—Secondary Offering—First Boston
expenses*.—
Other ■..interest
discounts
.1941
79,160,961
224,583
aects.
Profit
Profit
144,813,597,100.804,593
—
and
ap¬
^y-'yyj
.
17,119,421
***—4
Prov. for doubtful
secured sinking,fund 5-year; debentures,,
dated Feb. 28, 1940, have been called for redemption as of Sept. 1
at lOOVa and interest.—V. 150, p. 2591.
All of
taxes)
for
20,624,768
- y*1
2,114,343
,
——*
(other than
income
of
enactment
upon
:;■
,
'''•
"
.
.1941
..
depreciation, etc.)
Sell.., gen. &. adminis.
.641,961,815 790,809,177
155, p. 2011.
instead of the 4%
made
$24,884,110 $20345,545 $20,903,048 $26,002,565
—————
o^''' srIgs
Sundry
106,949,634
_***_*-***—
—
Cash
*3,288,997.
3,265,480
(& Subs.)—Earnings—
Consolidated Income
Taxes
Aug. 1 to holders
1942
Manufacturing profit
Selling, general and administrative
Provision
81,896.
$4,002,146
and now; pending In" the Senate, on the
instead of ,31% applicable to 1941;
taxes are calculated at 6%
y.:,*1,':::
per
cents
regular quarterly dividend of 10
Years Ended June 30—
on
$4,398,199
Revenue, Act.—V.
Pittston Co.
54,075,294^
54,704,136
of Representatives
House
plicable in
Owens-IUinois Glass Co. (& Subs.)—Earnings-
Interest
2,368,458.
,'3". $713,149.
and-social security
1.093.291
..
July 22.
Like amounts were disbursed on Jan. 31 and May 1,
last, and in each quarter during 1941.—V. 155, p. 1683.
•Cost of sales
2,538,632
taxable income for said six months,
173,152
1,102,314
due---—
interest—not
the
1,560,967
3.130.744
deposits
——
^ Earned surplus '*.y-****-w_*J—
Capital surplus',. ;***!**—*_****_**-y-—!'*—-~
of record
Net sales,
306,732'
$6,452,500
60,822
-
directors
$6,997,653
; *For the six months, January to June, 1942, Inclusive, U. S.
income,
taxes are calculated at 47%—24% normal, 21% surtax, 2% for con-;
solidated. returns, the rates contained in the revenue, bill passed by
•
payable
Oswego Falls Corp.—Extra Distribution—
in
$6,145,768;
capital
Balance
Reserves—Depreciation and amortization—;— 136,397,948 126,805,660;
6,304,126
Pensions ■ *_***i:_—*•**——*._.■—_*--*****»**
6,442,320
1,052,637'
1,110,432
Insurance, casualties, etc.—
———
1,777,426
1.570,440
Amortization of; investment-—_*
"
,
The
net
*4,128,231 y; 2,949,1311
$6,669,082
Interest on funded • deht****;**!*^*!*t*'-*-;l^**«'
310,334,000 286.637.000
j———
—————
payable ■':
Customers' meter and line
dividend of 25 cents per share on the
Sept. 21 to holders of record Aug. 28. This
compares with 20 cents per share paid on March 20 and June 20, last,
40 cents on Dec. 20, 1941. and 20 cents in each of the three preceding
quarters.—V. 155, p. 1925.
share
y
—
(including
>
208,247
Phiia-.
deductions
Income available for
•Dr2~48~,634
41,594
Accrued taxes for current and prior years——,*
■
of
3"■. Gross.income **!*■:*****!—*!***!.*:.***_*—^3
..Rental of leased ■ lines^—*_*_;rv*.***'*;^*'**-_:***-
234,200
Dividends
15, 1941, payment being
the first made since Feb. 15, 1938.—V. 155, p, 1683.
:
stock,
1907 agreement
income
Miscellaneous
(5%)—
.capital stock—**
"Drafts' outstanding
A similar distribution was made
of the six preceding quarters, the Feb.
common
City
134,270,625
Minority interest in stock and surplus of subs.
Bonds
have declared a dividend of 37Vs cents per share on
on the class AA stock, no par value, payable
Aug, 15 to holders.of record July 27.
•
to
3,794,590
i
"
account of accumulations
...
2.919,5351
11,746,263;
585,035
144,036,425
Net discount and expense; on
payments
_2,746,1271
3,269,548
328,571
'V,
—-——J—
First preferred stock
y3
y - y
Accounts
In each
y.'-1'--1
;
5,025,907
;
14,418,445
income",'/!!*l_*-l,*w***!****y***-t*..
Operating
Non-operating
34,403
718,825
■".
841,961,815 790,809,177
Funded debt
directors
175,630;
10,234
stock-*
'■'Common -stock
O'Connor, Moffatt & Co.—Accumulated Dividend—
The
19,126,684;
!_
expense
;
■
4,263,132
including
delphia under
5,268,749
17,373,951
6,118,583
2,861,508
expenses.^!:.!———'W',;
case
Taxes,
^
■'First' preferred
York, corporate trustee, 11 Broad St., New York, N. Y.—V. 155,
;y
stock
expense
Total
1,
Aug.
1942, at 104 and in¬
Pavment will be made at The Chase National Bank of the City
have been
1970,
mortgage bonds, "series A, due
first
cap.
7,570,369
and
Rate
9,475,623,
1941
1942
$41,936,776 $35,327,321
expenses
■
95,279
——
valuation
Liabilities—
of
total
.9,434,992
Other deferred charges—
,
Northwestern Public Service Co.—Bonds Called—
A
5 7*
General
269^970
249,225
Philadelphia Transportation Co. (& Subs.)—Earnings
,
.247,579
discount
Philadelphia Insulated Wire Co.—25-Cent Dividend—
Depreciation and property renewals——-!—.
Power; operation" v.iConducting transportation
:
5,008,000
supplies——
bond
25- cents- per .^share^ on
of
dividend
a
Maintenance
-
250,617
:
preferred
to first
Materials' and
A,
receivable
accounts
Subscriptions
bonds,
serial
and
declared
Operating revenues
6,788,735
Temporary cash invest. (U. S. Treasury notes)
special deposits--
Northern Telephone Co., Ltd.—Bonds Called—
dated
748,712
27,802.729
Miscellaneous
have
12 Mos. End. June 30—
687,493
4,445,736
•
•
directors
cents per share on the.
no par value/ payable Aug.
15 to holders of recoi'di 1
This compares with 50 cents per share paid on Feb. 16, last;.
25 cents on Aug. 15, 1941, and 10 cents on Feb. 15, 1941.—V. 155,'
p. 366.
y'i,i'.','v
^
Other
'Y.-.''i-T\'C.V'::: "V '";/•(■t
Muliiken .Corp.—Initial Dividend—Reduces "■
1940
826,765
Other security, investments—at. cost-ii—-
and an initial of $1 on July 25,
'■
common .stock,
766,128,335 741,974,331
Investments—Subsidiaries
:v':-
Aug. 1.
',■'■'■■:'.:::rr.-:
plant and equipment———
Property,
;;
' 6 'authorized' the
-The directors have declared a dividend of 25
,
Consolidated
:
;v ;■?
■;
7,911,262
12,522^45
,
':.V-
Aug; 1 and Nov. 1, 25 cents each, and Dec. 20, a special .of 20 cents.—
p.
7,970,439
—12,522,548
in 1940, e xcess profits tax of $ 1,163,6 0.8. • t Charged' to '
earned surplus as dividends less - adjustments.
: > v : ;" ;
•
ments
v. 155,
;
24,671,419
f •Includes
stock
:
1,488
-
22,461,523
on ; July
1941, 50 cents on Oct. 27,11941,
155, p! 2285.
'The
•8,070,803
;
*1
RFC Loan—
24,672,908
•Net income applicable to company———
Preferred dividends;
on
life of issue.—V. 150, p. 3213.
over
the'capital, stock, payable Aug. 20 to stockholders of record Aug. 1, .
1942.
Concurrently with this payment, the company is: reducing its ;■
RFC loan by an equal amount.
-.v„; '.v-'•.».it•>.'';
This is the" first dividend to be declared by this company since its»
reorganizationyin 1937. The last previous dividend - was paid by the
predecessor company in 1928,—V. 155, p. 2371.
;
;
32,743,711
22,463,636
.2,113
t Portion applicable to minority Interest .in subs.
;
July 14 declared a dividend of .25 cents per share
stock and the regular quarterly dividend of 37 »/2 cents
directors
■■
224,940
•
income ;■ taxes.***—**:.**
Provision for Federal
;
lCC
Pettibone.
.
Cr 1,019,071
33,255,366
of amortization
1941.—V.
22,835
.223,663
.
construction*—*—**—_4._ Crl,Q37,142
to
11,047
.
Net income transferred to earned surplus—4*
The
,
917,119
.
(8,863
v
22,
;
11,512,900
.
25,346
income
charged
Net income before
a
■
„The. directors have declared' a dividend of 50 cents per -share on the;
stock,-psynble Aug. 6 to holders of record :Jttly 31.; A 'similar
distribution was made on May 15, last, as compared with $i ;on Dec.
The ICC on July -11
of
.
7,326 <, 3,499
538,862';
common
44,413,482
income**—*.
Miscellaneous
company
71,322
1,813,244
Pepsi-Cola Co.-^50-Cent Dividend—
V
'.-income——**—_**!**y*4y *44.—.i*.*—4
process
The
444,201,407
45,042,705
Miscellaneous Interest
the
155,860
70,417.
,
529,776
45,265,074
■-.Interest on funded debt
1—4—*—*- „11,888,596
Amortization of bond discount and expense**— ;;
900,382
Gross
Northeast Oklahoma RR.—Abandonment—
105,508
295,528
taxes—;
*
26,869 ;
128,862
—
"1
-
96,359
-
acquisition, by the -company of *
t
3,149,815 ■*< control of the Paterson & Hudson River RR. through - purchase of
majority of- its capital stock.—V. 148, p. 3855.
rv- 1
,
•
*
'
300,000 •
499,624
1,095,090
210,000
and damages-'
operating revenue.
Miscellaneous
'■'■■"
had filed an application for such an order. As of
March 6, the assets consisted of $29,904 in cash, to he distributed among the holders of the outstanding 183,050 shares of class 'A . com- >
mon stock.
Holders of the outstanding 1,009,000 shares of class B !
common stock will not participate in the distribution.—^, 139, p. .1876.
j
29,577
,
,
.rPaterson & Hudson iRiver .RR.—Control by Erier—:..
13,501,6654 12,864,820
4*44*4,
expenses
for insurance and injuries
'
1,826,580
22
pany Act of 1940.
The corporation
^
Federal income
,f
139,886
:
V TotaU^r-a—$15,163,300 $14,457,459 '■
5,866,914
notes and accounts—*—
and general
Administrative
.
5,200,000
300,00.0.
,,
$3,718,195
2,650,000
5,200,000
4,015,479
——
for depreciation and amortization*—
Taxes,' other than Federal income "taxes.—444:14
ordered that the corporation had ceased to be
investment company within the ;meanlng of the; Investment Com¬
July
SEC
railway department expenses——_—_
accounting and collecting expenses
promotion expenses——;
Provision
the SEC—
North & South .American Corp.—Ruling by
"The
2,000,763 i
1,242,580 .
•1,364,646
6,043,802
*
Prov.
>:
-5,986,744
3,549,913
-
expenses
Customers'
cash, $172,554; total, $5,154,669,
$39,721,'
7,306,080
.
2,650,000
■
'
70,417
liabilities—.—^
89,612
Depreciation ,reserve'-_—rj--—1,982,846
•Premium on outstanding bonds—- :
7,070
Contributions,!of telephone plantw-i-*—*~i—iif
4,090
'Earned surplus
547,218
5,509,721
u4_4—
._4*—1**4——J**.
Distribution
Street
receivable,
dividends
$4,942,393;
securities,
;
^
;
5,808,695
power—*
purchased
gas
Transmission 'expenses
1942
June'80,
taxes."
accrued
' 4
$3,718,195
:
Miscellaneous .current
«
consigned
' Other
,
Balance Sheet,
and
' ' •.''
:
,——
Accrued interest on long-term debt-—:
4,435,156
-
$15,163,300 $14,457,459 '
(53,000 shares)
General
41,501:
v. : ',
Lon'g-term debt 'v—i—"
payable to '.banks———-:
Accounts, payable.
Advance billing and payments——;
'
Federal Revenue Act.
which may-be-levied under a 1942
Purchased
4,505,880
—
V
"
229,076 \
48,997
Demand. notes
115,353,944 109,980,302
repairs—,
Production expense:
has
1942, is based on the Federal Revenue Act of 1941.
No provision
been made in the accounts for
any
additional Federal income
262,637
;;V't. V"f:; ', '
;
'
,
324,397
—
:
—
stock
-_1
—ideferred charges
Accrued
.$124,558;
■
department*****.——.**4*,*!*,44
Maintenance and
months ended June 30,
tax for tne six
income
for
•Note—Provision
sales
30,367,053
527,695
442,533
272,953
553,857
",453,523
—142,923
preferred Stock
Common
78,370,067
31,876,972
Total
,
y
82,206,956
Gas -department'
*****__*****.;*:—*_.
Street railway department *—4:—'
Water and irrigation department
■
.
Statement for
$
17,570
—
!
442,451
12,470
15,075
122,298
'
,
——
/
22,400
8,571
•
——.
—
and
■
•
1940
.
$14,363,158 $13,572,188
supplies (cost)
accounts
Statement
Year Ended Dec. 31—
1
'
1941
■
———
Accounts. receivable
Subs.)—Annual Re¬
(&
Consolidated'Income
,
income
djeposit
Materials and
port—,
*■'
——257,684
Special cash
,
for the first twelve weeks of the
fiscal year 1942 ended March 21,. 1942, were after provision for taxes
on
the, basis of the Revenue Act of ,1941; a further provision of
$177,000 has since been made for estimated increase in taxes appli¬
cable to that period.—V., 155,; p. 2097,
;
s
Note-~Net earnings after all taxes,
North American Utility
:
Assets—
Telephone, plant, equipment, etc. *'*—
Disbursements duripg 1941 were as follows: Feb. .15,
May 15, Aug. 15 and Nov. 15, 50 cents each, and Deq. 29, a year-end
ofiike amount.—V, 155, p. 1683.
May
'\ V"
4Balance Sheet, Dec. 31
■
,
-
.
.,
estimated
for
k1"
Monday, July 6, 1942
in
$69,167;
1942
bank loans, equipment notes, $366,700; real estate mortgage
i
Volume *156'$ Number 4093 1
THE COMMERCIAL & FINANCIAL CHRONICLE
Association
notes,'
of ,$150,000;
,
.
State 'self-insurance
four-month
a
Boston
of
with
note,for
interest
In
$67,500
3%
at
possible
and
laws
extraordinary
June, 1941,^ Federal income taxes were accrued, at the rate of
to provide for additional taxes above those imposed under the
30%
per
Revenue
,
.
loss
first
Plume & Atwood Mfg. Co»—Annual Report—
selMnsurers;-J53i7,l»7;v reserve Tor'.probable loss* on disposal of .idle',.,
as'
Bank
■84*.
,
under
able
:
together with
National
bonds,
botids;
347
properties,. $43,771; equity of minority, stockholders in subsidiaries,
$6,131,622; "common stock <1,075,100 no par shares!* $1,075,100;.capital
surplus, $5,184,375; earned' surplus, since Dec. 31,
1938, $1,754,219;
total, $22,028,627.—V. 155, p. 2012,
'
...
for Year
Dec.
Ended
31,
1941
Reserve
for
taxes
to
surplus
Added
;
——
—
400,000
—
';t
.
Income Account for Calendar Years
*1
_i—
income
15,006,491
274,299
amortization!*:......
t
9,342,648
273,993
.
Balance Sheet,
1939
.
Dec. 81,
7,791,305
302,347
Other
Income
Total
$3,955,201
11,068
.
(net)„_,
*
—.
etc.
1941
356,604
498,205.
tax
1,288,524
'
'
—:
147,928
Comparative Income
Statement
for
V
Net
$1,249,831
profit
Dividends
1
*.
—
i.,—1
r
surplus
674,993
—:
'
——
«.—
i
$349,840
—-
$533,259
$863,617
899,991
-
i
"
Operating
j.*..—i.
»
""
11
"■'«
fl"
1
"
first
(no
'
T
1
Balance
Assets—Cash
,
ties,
at
$0.57
$0.83
par)
banks
in
31,-1911
Sheet, Dec.
and
hand,
on
-
Income
the
$0.36
'
■
.
•
.
:
-
Utility
Other
marketable securi¬
$2,377,323;
(less reserve of $57,942), $17,554; accounts receivable
$7,684), $1,439,704; finished and semi-finished products,
cost
(less reserves,
Gross
Retirement
total, $10,855,962.
Other
raw
16,916
35,906
17,503
income..—$165,330
*__f
i.,
f——«
10,389
$168,723
—
!i
were
(1,500,000
$175,720
Interest
consolidated Income
29,983
3,379
2,301
—
$100,007
preferred
on
•Gross
—:—
$3,312,564
——•
profit
Cash
2,327,364
Expenses
income
funds
2,977
(net)
Profit before
,
46,187
Provision
for
—I—
tax
Federal income
——
2,704-
($25
------1-——
profit
accrued
Earnings per common
,
'
shared
Miscellaneous
Accounts
Accrued
and
notes
and
accounts
receivable, customers
(less, reserve for
$1,287,002; refunds due, Federal, income'tax and
accounts),
prior" years,
equipment
will
prepaid
and
inventories,5 $1,510,875;'-real estate, machinery,(less "reserve lor - depreciation,
$517,764),
taxes/ etc., secured1 loans; $43,376; good-
538,168;
and * buildings
$625,006;
trade names,
Earned
payable
iif T942,' $100,000;v accounts payable,
$294,237; accrued taxes, payroll, sundry (including Federal inebme tax
of
stock-
dividend payable Jan. 2, 1942, $45,000; long$650,000; 'reserve fbf contingencies, $100,000; capital
notes,
($7.50
earned
surplus
Report—
,.
.Federal
.'Other
:
$3,684,768
$3,478,767
;_vz.
2,065,641
2,025,163
49,256
Property
289,590
retirement
\
Amortization of
275,000
124
limited-term .investments:.—-_
Net
Net
operating
income
Other
$905,167
$748,450
1,525
revenues_I__-_—
(net
1;
Bank
;Interest
mortgage
on
interest
Other
$903,642
Interest
and
charged
480,556
bonds——i:-.---.——-.
30,086
Dr21,133
$436,410
construction—
—*
$236,925
Net
income
Net
*
Dividends
——_z--—————
7%
on
Dividends
on
46,967
preferred stock—„—_
6%
Sheet, Dec.
(on
Work
funds
demand),——-V^—
Materials
379,898
279,707
9,441
—
•
$1,219,738
___»
$1,070,833
421,907
357,177
156,618
—226,645
6%
income
Rican
tax—
84,887
57,425
charges—!
interest
,
V-
t
.
stock
♦Common
Long-term
55,021
$262,869
,
$266,838
75,811
-—*4'w.
v •*.—ja■
6,335
12,460
-
22,128
369
—
231
5,598
Notes
———
——
payable to banks
.Accounts
pay able
Customers'
to
$234,565
—
—
stock
common
on
——
Sheet,
4,113,000
'■
•;
■
■ ••
etc.
(including
i
562,998
1940
$3,895,231
Deferred
credits
Contribution
1,200
and
on
:——
by
311,130
259.
no
par
shares in
"
'
P
'
;
'
and
supplies———
85,365
.OWing to International Tel. & Tel. Corp.—
220,060
216,449
105,189
100,000
95,581
r
•
England
Gas
liabilities
loans;
Account
Accounts
deferred
and
Electric
1941 and 1940.—V. 156,
'■
k;
'
"' "■
a
registered
holding
Electric Co., on July 16
Plymouth proposes- to
ssue
and sell to
New England Gas
and Electric Association 6.960
shares of additional common stock (par $25) at $31.25 per share.
The
company, and its subsidiary, Plymouth County
filed an
application with the SEC, in which
rroceeds
)f
paying
from
the
floating
sale
of
this
indebtedness
additions'and' improvements
6217.600
sented
by
as
of
open
Mnv
3L
to
1°42.
account advance
stock
are
income-—____
Corp.
and
International
to
to
be
or
to
which
669,797;
1940
reflects
deductions
claimed
year
certain
arising out of abandon-1
$59,426
is
reflected
in
the
*
for
Federal
have
basis
for
accrual
this
possible
rate.
at
for
The
deductions
deductions
or
for
a
the
40%
ended June 30,
the
of
tax
computed
months
bring
to
income
been
twelve
the
facilities
war
.'
•
'
Rico
properties
Federal
rate
for
1942 includes
the
five
estimates
for
periods
the
months
for
1942
amortization
of
-.
.
Ry.,
Light
Power
&
Co.—Properties
'
^
of
Works
at
$6,250,000.—V.
156,
260.
p.
Pullman Co.—Luxury Seats for Sale—
The
for
company on
passenger
and
July 19 announced that because "war-time demand
is now so
great," seats in all of its
accommodations
lounge
cars
reserved
are
for
sale.
"The selling of seats in club and
lounge cars is in line with the
policy to make the most efficient use of our transportation
facilities,"
Champ Carry, Executive Vice-President, said.
The rates for club and
lounge car seats will be the same as for
seats in parlor cars.
Mr. Carry declared that the new plan will be
extended
to
club
lounge cars
and
all
lines
and
are
all
in
in
sections
service.—V.
of
the
156,
United
States
where
259.
p.
used
for the
wages
payable—
Statement of
Interest
Income for
Total
interest
Expenses
♦Net
—
Ended
June
1942
30,
$59,140
26,995
"
$86,135
11,273
which
for
shown
are
the
period—
realized
in
$74,861
unrealized
or
the statement
Statement of
485;
sold,
and
prepaid
1942,
$70,990;
owned
net
and
cash
losses
or
on
securities,
■"
guaranteed
in
stocks,
$907,
bank,
$374,675;
accrued
receivables for securities
receivable,
$50,037;
$210; total, $4,998,439.
$12,991;
expenses,
assets
market
at
gains
changes in net assets.
preferred
expense,
Liabilities—Accrued
of
Assets, June 30, 1942
$2,562,050;
dividends
$1,590;
Net
$1,102,392;
stocks,
common
June
30,
1942,
dividend
based
quotations—equivalent
to
payable
July
valuing
on
$10.39
15,
securities
share
per
for
473,270 shares of beneficial interest of $1 par value each outstanding,
total, $4,998,439.
Note—The
41,115
$5,652,346.—V.
44,532
—L—_
2,562
1,068
——J—_—.
1,000,863
811,258
796,477
668,964
_—
Three Months
stocks
„!
income
87,132
1„—
surplus
the
capital
income
46,641
/—
for depreciation^——ii."
Earned
on
bonds_..______,
on
$4,914,457;
—
Reserve
—
securities
156,
p.
are
carried
on
the
records of
the
trust
F.
Glennon,
President and
at Mattapoisett,
15
at
cost,
166.
Quissett Mill, New Bedford, Mass.—Obituary
Thomas
July
—V°
$4,908,923
150,
p~3836?"~~'
Period End. June 30—
• -
$3,984,554
""~"
~
Public Service Corp. of New Jersey
••
Mass.
He
Agent
also
was
—
of this company, died
a
director of
the
on
Hoosac
Expenses,
'
revenue
(<fc Subs.)—Earns.
1942—Month—1941
13,525,786
12,176,789
1942—12 Mos.—1941
$
158,818,980 145,487,672
maintenance,
depreciation
Federal
Gas and Electric
prof,
excess
Other
&
86 698.819
77.831,232
2,298,278
15,106,622
13,371,756
593,098
7,388,943
L352.622
other
deduct.
1,544,295
19,382,778
18,111,382
2,137,780
Balance
Income
6.503.969
1,643,256
taxes
taxes
Note—In
1,830,247
1,129,126
30,241,818
of
45%
under
-
to
the
13,592,078
701,121
16,649,740
22,861,191
to
will
provide
for
Act
be
$25.50
contemplate
consolidation
operates
13,312,111
981,386
1942, Federal
Revenue
Ltd.—May Issue
a
5%
and
transit
the
in
arrears
issue.
on
dividends
Sept. 30.
Terms
are
said
This step would be the last in
simplification
systems
the capital
of
the
company
which
from San Francisco.—V. 154,
program
radiating
36,173,302
1,156,394
—_
June,
Co.,
Press
dispatches from San Francisco state that the company is
considering the issuance of about $500,000 in income bonds or deben¬
designed to be exchanged for 41,000 shares of 6% preferred stock
p.
1304.
Rare
The
Balance
,
Realty
&
Bonds—
which
7,799.030
takes—
;
Equipment
Railway
tures
& retire¬
income
the West End Thread Mills and the New Bedford Gas & Edison
Mills,
Light CO.—V. 155, p. 739.
$
Oper. and other
purpose
incurred by Plymouth for 'extensions,
its plant and property amounting to
S"ch floating indebtedness -is repre¬
from New England
(George) Putnam Fund of Boston—Earnings—
65,587
taxes
Accrued
60,000
Standard
————
*
Co.—To Issue Additional
Association,
The
$85,849
adjustments
.
interest
'
'
maturing within one year—„——
payable
Electric
Fed.
&
r"
'
par)_——_—
loans.
Bank
1,259,705
Stock to Parent—
New
of
1942
of
calendar
to
1941.
1942
year
for
due
190
2,874,674
♦
•
($100
ment expenses
Electric
County
Plymouth
-
court
180,000
7,384
$25,793,285 $25,192,003
♦Represented"
).
the
31,
30,
provision
and surtaxes.
defense
$105,200,
183,536
5,411
1,518,500
—
June
♦Does not include
106,054
216,992
—
750,000
13,652
3,014,922
surplus
of
755
—:——
630,000
8,954
Total
$1,323,035
669,797
the company were transferred formally
July 20 to
Authority despite the company's notice of -appeal
from a Federal court ruling upholding condemnation and
expropriation.
The Canadian-controlled
company was valued in pleadings before the
24,480
$1,800,000
185" 757
2,045
—-——
construction—
of
to
May
The
377,907
hand——-——i:
—
300
430
$1,800,000
37,030
,.
6,256
Reserves *'•—
Earned
-
9,062
aid
in
$1,455,226
55,816
tax
railway property,
ended
without
the
$3,557,841
49,226
——
stock
Accrued
35,052
626,295
Matured' interest
■
$102,429
income
in-
investments
Liabilities-—
9,736,000
cUrreht liabilities—^——
.Miscellaneous
14,764
118,473
Transferred—
108,000
1941
——————-
receivable
Common
250,000
—
street
estimated
Assets—Bonds,
4,113,000
9,317,000
—
j"— —_ _ ^ ^ z
credit
adjustment
are
$227,827
$3,984,554
871,200
—-ii-
10,212
120,086
55,816
Federal
Income—Dividends
Dec. 31
' '-'t
$4,908,923
$5,458,000
871,200
deposits
accounts
Accrued
:
1,205
9,238
$99,980
——
for
132,278
354,238
$5,458,000
—
of
Cri,093
108,000
construction——
Cr4"564
261,883
...
—_————
debt
income
months
an
37,050
'
20,040
companies' Ji—
banks
Deferred
cumulative, preferred stock ($100 par).
cumulative preferred stock—
Crll4
10,117
divid. requirements
nonrecurring
9,386
,
-
Materials
59,500
115,197
$25,793,285 $25,192,003
'7%
700,338
(net)
59,077
221,034
9,386
——
income
in
Pank
'•
700,338
124,327
..
charged
Accounts
-
Liabilities—
58,362
—
deductions
normal
762
——
821
59,500
—„———l •>
———
58,361
interest
Puerto
■
charges
139,551
—
interest
10,922
894
—
Reacquired capital stock———————
Deferred
913,905
Dr2,282
.
4,993
"
'
"
-
assets
Puerto
dividends
Cash
14,587
617,387
Miscellaneous; current
899,672
4,817
■
income
applicable
$1,070,070
Prepaid accounts, etc., deferred charges——
Payment to International Standard Elec. corp.
247,251
15,980
supplies——————.——
and
77,076
4,812
State
—
income
tThe
1940
—..
depreciation^.-..
Miscellaneous
1,266,360
688,533
Prepayments __—'
77,113
taxes
&
$2,156,610
a
$2,066,485
$1,214,745
Special deposits
799
J;'-' 267,736
:—
746,555
munic.
♦Provision
Co.—Annual Report—
earnings————
—-
——
!---
.———
receivable
Accounts
,
Plant, property, equipment,
tangibles)
1940
573,391
Special deposits'
789,724
$2,285,862
Account, Year Ended Dec. 31
Balance
$23,671,952 $22,340,430
——
63,096
$171,234
Net
1,042
$2,131,362
—
—
Assets—
10,762
banks
——
'
1941
property, franchises, etc.
in
422,970
67,063
$168,344
Pfd.
225,567
■
Investments
Cash
Cash
31
Assets-
Plant,
1,150
290,300
revenues.——.
.
6,534
preferred stock
Balance
410,468
Dr92i)
deductions—,————
to
35,855
$2,158,892
456,000
V.• Amortization- of bond^ discount and expenses-
29,617
40,403
Drl4,902
499,543
interest
Interest
152,586
——
$2,300,764
12
loans
Other
$746,170
458,280
income
Gross
t
171,911
498
ment
•-'•
Affiliated
12,645
to be allowable for Federal income tax
purposes
Funded debt
2,279
debit)——
2,123,290
15,059
25,738
—;—
•
$7,121,195
2,604,967
—
;
financing expenses which
will arise because of proposed
financing.—V. 155, p. 2371.
earnings before
Interest—
$8,056,197
191,821
$170,736
5,930
—
1942—12 Mos.—1941
$608,854
depreciation
—
Hampshire—Earnings—•
1942—Month—1941
$647,071
—„
Dr2CA
club
•
Co.—Listing of Bonds—
14,536
275,000
112
appropriations—_
reserve
156,
$168,608
21,919
-
for
pleas.—V.
♦404,369
31,983
taxes
'
special
665,629
6,135
!*.—
Provision
Other
■
of
5,770
—^
revenues
for-
filing
46,067
Amortization of franchises-^.——
412,984
—k--—-r
for
494,500
of construction..*—
Income
gross
Provision
17,046
"'■
taxes
taxes
.
allow
11,454
of
Operation
Operating revenues
Operating expenses
to
,41,354
29,893
—
Rico Telephone
Maintenance
1940
trade
indicated
203,860
Other
...
Total
:
1941
days
revenues
and
Gross
2098.
operating
The
$250,000
1941
Total
Cambridge.
493,200
—i
Jan.
(since
steal
12,143
37,365
—
Non-operating
i Portland Gas & Cokc Co.—Annual
aid
•
1,< 1940),
$41,475; Capital surplus, $684,201; total, $4,349,014.—V. 153, p. 1286.
$2,250,000;
par),
in
indictments
to
58,000
—-
-
———
p.
of
to
tax—,
construction.—,—
for
surplus
;
Porto
$150,338),'$184,101;
term 3%%:
Co.
individuals
20,
conspiracy
and
19,979
companies——*.
*
155,
Liabilities—Notes
Brothers
eight
July
18,427
——uj——
advances
Total
-V.
20
Sec.—Fed.
ended
total, $4,349,014.
$1;
deposits
Contributions
,,
defraud
Conspiracyand
Boston,
478,300
*
Reserves
insurance,
to
at
494,500
par)—
debt
accounts
Customers'
doubtful
interest,
long-term
associated
to
Customers'
Assets—Cash in banks and on hand, $722,644; U. S. defense bonds
accrued interest, $50,625; cash value of life insurance, $71,316;
,
$2,066,485
$250,000
payable
Payables
,
Lever
companies
soap
Court
57,268
155,794
13
par)/.
preferred, 6%
($100
first mortgage bonds-*.—'
'6%
180.022
$0.93
——*—
.—
"•'■• Consolidated Balance Sheet, Dec. 31, 1941
'
$279,582
:
;
was
the Procter & Gamble Co., the Procter & Gamble Dis¬
and the Procter & Gamble Manufacturing Co.
The cases
Other
•Cumulative
Net
Dividends paid and
the
Gamble
2,898
218
<
—
stock
were
provision
Net
operating income
Non-operating
income-
62,734
——
•:
debits
Common
of ,1940
Act
companies
No
tPederal
Liabilities-
150,338
Revenue
1940.
the
rate
under
are
for
Bond
$429,920
imposed
Fed., other than inc. tax
43,618
supplies——————i—72,949
and
those
for
the
at
1941, for Federal excess profits
20,951
;
—
—
—».—44,720
—.
Federal income
mails
taxes
2,808
8,358
—
-f
receivable
Materials
Deferred
500
Soc.
$2,131,362
Gther income
the
of
use
from
Provis.
1940
500
f—
;
—
Accounts
$385,200
*
Federal
Operation
z.
Purchased power
Maintenance
$1,932,963
investments
■Prepayments
Gross
&
continued
State
X94X
$1,997,470
intangibles)——
(including
Second
taxes
2371.
p.
Period Ended June 30—
Comparative Balance Sheet, Dec. 31
*
the
ended June 30,
in
Operating
44,505
stock
1
plant
income
,
$103,323
37,087
:
declared
Assets**™"
Sinking
1941
Under
Federal 4
and
1940,
•
——
Miscellaneous
Statement, Year Ended Dec. 31,
1940.
1941, include
additional
of
New York Stock Exchange has authorized the
listing of $15,- 1
000,000 first and refunding mortgage bonds, 3% series due 1972 which :
are issued and
outstanding.—V. 155, p. 2188.
;
' »
I
'
•
■
$135,612
charges—.—
income
Utility
Plough, Inc. (& Subs.)—Annual Report-
Federal
Public Service Electric & Gas
39,072
$132,560
*——
bonds.
on
income
Dividends
paid-in surplus, $3,823,993;
total, $10,855,962.—V. 155, p. 2371.
$2,444,907;
or
for
Acts
The
$174,684
43,160
29,173
income
shares), $1,500,000;
par
no
surplus,
adjustments
Revenue
259.
p.
*
earned
of
Procter
tributing Co.
Liabilities—Accounts
stock
months ended June 30,
the
Public Service Co. of New
Gross
Net
12
1940
accrual
innocent
secrets
and advances,
payable
(trade),- $730,261; accrued liabilities,
•$333,276;1 reserve for Federal and Pennsylvania income taxes,. $1,998,524; reserve for workmen's compensation insurance, $25,000; capital
Acts
155,
companies
5,960
.
accruals..
reserve
1941
the six months
charging
18,645
18,937
——
—
in
pleaded
23,036
income
materials, $1,650,490; supplies, $313,013; investments
$77,400; land, $842,756; buildings, machinery, equipment,
etc.
(less reserve for depreciation, $4,167,183), $2,859,829; patents, at
cost (less amortization of $18,446), $6,490; deferred charges, $67,419;
$1,203,984;
of
of
under
provide for Federal income taxes above
taxes.—V.
139,685
—
——
(net)
months
the
for
imposed
subsidiary
$361,473
—J——
operating
1941.
months
Service Corp. of New Jersey and
subject to Federal excess profits taxes
made
,
up
accruals for these taxes in
1941, and the accrual of Federal
in
Years
158,605
—
—
—
income
profits taxes for the 12 months
adjustments made In September, 1941,
include
taxes
six
Revenue
the
six months ended June 30, 1942, at the rate of
possible additional taxes above those imposed under
of
Income
to
$1,124,765 for
basis.
Procter & Gamble Co.—Denies Soap
$401,815
—I——
—
taxes
six
of
30%
a
not
1940
.
adjustments
excess
the
for
taxes
Three
1941
General taxes
Earnings per share on capital stock
Calendar
,
Maintenance
$533,259
$188,624
revenues
Operation
' '*>.
1942,
Act
last
of 30%
Porto Rico Gas & Coke Co.—Annual Report—
113,016
.
the
income
59,500
_
929,709
income taxes—_
Federal and State
profits
contract
Include
and
Public
Liabilities—Capital stock, $1,350,000; accounts and bills payable,
$12,234; dividend declared payable Jan. 2, 1942, $27,000; reserve for
taxes, contingencies, etc., $500,000;
surplus, $1,683,356; total, $3,572,590.—V. 151, p. 3573.
-
$705,775
-—:—
Premium on group annuity
Excess
$1,368,149
$3,966,269
income
Interest,
$683,665
22,110
$1,359,130
9,019
taxes
Revenue
Federal
.'$1,252,442; total, $3,572,590.
Operating, profit
.
30,
to provide for
the
for
Assets—Cash, $465,185; accounts and bills receivable, $575,050; bonds,
$125,722; Stock 1n other corporations, $102,840; merchandise inventory,
$1,051,350; plant accounts (less reserve for depreciation, $1,920,805),
$8,777,317
_
$163,728
——J—*.—135,000
-
•
$19,235,991 $10,975,771
——
Cost, expenses, etc.
Depreciation and
•
1940
1941
sales
Net
—j.
Dividends paid
'
and
to prior months, to set
accordance with the Revenue Act of
$563,728
—
1940
Income
applicable
Earnings for .the-year before taxes..;—*.—
45%
Pittsburgh Screw & Bolt Corp.—Annual Report—
June
ended
Earnings
of
Acts
five months to place the accruals on
Note—Federal
.
possible
of
income
taxes
additional
1941.
Federal
accrued
were
taxes
above
excess
computed in accordance with the Revenue Act of
those
profits
1941.
at the
rate
imposed
taxes
were
Chemicals Inc.—Sale of Stock—
Alien
bid,
single
Property
for
from
National
bids
stipulated
capital
p.
260.
Custodian's
$125,000,
Oil
been
Co.
of
office
announced
received
Harrison,
for
sale
N. J.
July
of
The
22
the
that
a
company
invitation
for
half of the profits above a 6% return on t.he
of a buyer would go to the custodian.—V. 156,
that
investment
had
Products
nWWrtWG''UfH Iiym&w*
348
THE COMMERCIAL & FINANCIAL CHRONICLE
Real
Estate
Mortgage
Guarantee
Detroit
Philadelphia—
Co.,
will
Trustee Reports Company Cannot Reorganize—
Reorganization of this company
Freeman, Federal court trustee.
Tire
000
and
its
in
said
-1
f.
.
company's liabilities, direct and contingent,
actual
assets
worth
are
only
57-page report to the District
a
\
.
$20,000, Mr.
about
small
a
,Act;';;rThere
creditors
The company
Freeman
trustee
and
;thjs" unhappy matter
■
in
Freeman
under
1940,
be
the
is
company
reorganized,
the
be closed,
which was organized in
;
for
all
1922 for the
"the
hotels
and
and
business
properties...
''
Quarter Ended June 30—.
Consolidated
"
sales
gross
:
States
•
Robert
the
,
America
bonds,
a
in
sum
equal to the amount
lawful
of
money
required
to
L.- Clarkson,
New
York
Express
Aviation
Co.,
banker
has
and
been
V
Fed." &
$725,291
not
sum
to
exceed
$10,000
each
oni
of
the
director
Prov.
' *
for
date
.
..
....
.
..
-
whom
the
of
75
of
ance
Mr.
.
guarantee
Manch
1,
and
1937,
novices.
are
The
given
all
to
terms
and
the
secure
covenants
of
the
mortgage
known
in
the
lien
of
deed
or
'first
and
bonds,
'
o'clock
10
collateral
due
July
m.
trustee,
140
July 29
on
trust
1,
the
(representing
Co.,
a.
land
and
to
proceeds
amount
an
of
the
York,
sale
mortgage -A%
sufficient
N.
of
prices not to exceed 105 and interest.—V.
property
and
Y.,
126, p. 870.
-
....
the
on
Regular
March
10
and
10,
last.—V.
155,
925.
p.
for
.
Calendar
.
Operating
revenues
Maintenance
...
Operating
and
admin,
"Operating income
227,679
$190,030
5,691
_:
___
income
__
5,862
,_
$227,147
Other
bonds_____.
on
interest
Amortization
and
of
discount-.
bond
and
13,479
Provision
for
Provision
for
depreciation—
income
and
$1
and
2
share
per
1, last,
May
paid,
was
'Net-income
31,
the
while
first
(less
adjustment
Ebrnjed
surplus
.
.
i
.
i"r- "Deficit;
/'
■
May
31—
Balance
Assets—.
• -'*--•
Plant,' lines, facilities, etc.
•
Unamortized
-
'1941
4,538,607
,*.
<. -
31
•
-
•
limited-term
for
Federal
income
taxes
1941
:
service retirement
Plan,
Prepaid
accounts
Accounts
Gash
•
of
and
and
(less
reserve)
"""•
at
banks__-_^
954,300
of
A
discount
568,889
and
56,149
60,853
13,816
10,023
Power Co.,
liabilities:
preferred
on
359.235
stock
37,713
.
863,475
_
declared
26,780
interest
initial cash
Provision for
income,
excess
Prior
:
.;■•
••-
fund
instalment
Earned
surplus
1942——______
J.
_
St. John
record July
Cehts
directors
Congregation
share has been
per
1
to
holders
declared
of
the
on
record
July
share
per
declared
27,
Dec.
dividend
a
of
25
cents
special
a
of
50
cents
-■
on
July 21 declared
payable Aug.
common
23,
This
quarter,
the
86.
p.
share
per
the
on
in
cash,—V.
155,
'
with
p.
paid
28
Aug.
155,
$1
and
2014.
dividend of
a
stock,
common
compares
31
on
Dec.
Dec.
20,
4
50
holders
to
last, 50
18,
1940,
and
'
;
cents
of
25
Aug.
each
cents
share
per
record
cents
3.
July
on
Jan,
on
,*
30,
/ '•
.
Snider Packing Corp.—25-Cent Dividend—
stock,
amount
31. " This
ing
made
share
per
.
.
.
have
1942.
paid
was
declared
payable
Sept.
disbursed
was
June "15,
-share
on
,
,,
dividend of 25 cents per share
to holders of record Sept, 4.
a
15
each
quarter from Dec.
the
on
A. like
1940, to and includ¬
14,
In addition, a year-end; dividend
March 24, last.—V, 155, p. 1685.
Southern Pacific Co.
,
of
'
50
cents
per
v
•;*
-Earnings of Transportation Sys-*
Railway
*
.713,407
oper.
Maintenance
$46,575
613.109
$927,181
$763,785
Maint.
of
67,688
107,719
Traffic
41,064
99,025
100,000
37,155
26,062
Cr3,500
Net
v
$572,599
$5.50
$706,813
$530,004
$403,867
*
cumul.,
671,833
$99,239
u
—
698,925
693,013
*$13,800
699,750
$168,921
$2*u,od3
♦Net
Balance
;
/
•
.1942
:
1941
$553,604
in
U.
S.
Government
securities——
Investments at cost—
;
Receivable for securities sold,
Interest and dividends receivable—,
Special deposits for dividends,
(Racine, Wis.)—
♦Before
Sheet, June 30
—
Investment
.
$1,063,541
*1,100,040
rents
•
47,064,441
3,801,228
2,270,613
5,497,043
4,249,154
Cr4,20l
16;756,851
75,452,952
42,684,720
1,613,325
29,012,452
9,418,028
1,430,826-
1,267,091
8,573,632
6,329,536
62,163
484,200
338,802
6,011,336
37,382,667
26,598,352
72,544
income
oper.
-8,953,916
8,023,278
(net)
provision
7;230,202-*
for interest charges on
Southern Ry.-
850,000
outstanding debt,
Week Ended
.
-•'.July 14
1942
other
or
*
-Earnings—
Period—
65,254
131,235
3,089,873
62,593,193
427,324
769,884
V
railway
31,532,839
—2,801
21,944,251
*3,265,990
non-operating income items.—V, 156, p. 167.
;
*29,324,479
...
1
ry,
12,484,974
31,435,181
a
from
facil.
8,278,369
718,489
960,558
operations
i.
Railway tax accruals,;.
Equipment rents (neti^
Joint
-
in¬
(Cr)
rev,
506,012
-
10,765,026
*.-
for
$
18,921,021
-4,007,698*
542,060-
*
-Transportation
vestment
2,232,986
-5,712,616
■
•__/
General
35,202
$
25,176,189-*200,966,609 133,783,824
3,256,913.
=* •
equipment-..^-
—L
Transportation
100,000
19,347
-
&
way
Miscellaneous
79,S50
89T06
1942^-6 Mos/—1941
$
38,712,513
revenues
of
structures
■
$659,6S4
87,357
stock
1942—Month-^1941
$
1939
$50,378
867,438
.
——
on
"
Period End. June 30—
$59,743
——*
Nepomucene
and
1940.—V.
on
$768,409
income
Cash
2874.
p.
r;
A,'/.;,
and
over-accru.
"
—
4
-•
payable July 31 to holders of record July 27.
A jike
paid on Feb. 21 and May 1, last.
Payments in 1941 were
Feb. 7, May 2, Aug. 6 and Nov. 10, 25 cents
each; Nov. 4,
paid in November, 1941.—
(■Assets—'>•'•■'■
$3,175,915
.
Total
i52,
of
10
of
was
[" 'V.1941 7". ""1940 " '
681,754
..
.
:
^
•
—V.
•"
Aug.
cents
1941,
^Surplus.
648,008
1,033
-
cents
payable
Six Months Ended June 30
1942
—
Deficit
11,643
25,000
737,244
_
$3,275,870
_
__
share
per
fec;-!^^—
"
payable
to holders
$86,655
-
1———=.
taxes
Net
profits and other
for depreciation,
30
40
stock,
the
30,
Inc.—Earnings—
-
V
^
income
years'
Divs,
13,781
33,321
Sinking
Reserve
10
dividend
27,483
13,500
___
of
The directors
cents
.
..
500,000
58,210
bonds.———
in
The
869,483
five
of
distribution
A 20%-stock
income
prior
__
on
dividend
•
Interest
1,225,000
/
1,000,000
$1,928,162 "
stock,
1606.
This
$750,000
482,562
$2,928,162
v.
.
.
a
payable Aug.
an
Genera.1 expenses
■>
payable
132,789
'•••
$3,772,874
a—-—
—
with
was
capital
have
Income Account,
•
Service
$3,175,915
1,175,000
_____
1,897,367
130,700
.
389,577
—_
'"J
2099.
p.
Total
'
Accounts
Accrued
due 1969
1,787,412;
Skelly Oil Co.—To Pay 50-Cent Dividend—
$2,100,341
stock—,„___
common
31. last.
Dividends
56,217
$750,000
Ltd.
545,938
$4;958,319
1,400,000
follows:
5%
p.
9,594
capita] stock,
Dec.
of
from Saguenay
Advances
231,893
»
506,475
previously paid each
payment at that rate being made on May 1,—V, 156,
amount
Cr23,005
$1,577,962
directors
Interest
Liabilities—
Currant
1,642,867
•
250,689
.
•;
A—1—A
$15,
par
common
12,261
Cr99,049
^
.
;
'
1
2,035,770
———-I——.
$5,172,874
58,227
expense.
to construction,———
Taxes
(17,500 no par shares)
mortgage 4Vt % bonds, series A,
:.
1,923,387
,
Signode Steel Strapping Co.—25-Cent Dividend—
$2,726,308
540,000
deductions
on
-
3,933
—
First
$9,302,412
2,139.849
—
■
dividend
last
20
__________
—
income
.
46,751
20,529
Common stock
1941
$12,023,770
$7,090,987
compares
$2,726,288
3,570
—
debt—
debt
charged
38,243
:
$3,275,870
'
1942
-.
—I.—-.
1
profit
stock,
403,300
$2,095,332
$2,098,901
_______
funded
on
•
4
■
36,956
60,699
I—
I
;
'
and
supplies_x___—
receivable-,
notes
hand
on
receivable
materials
; j
22,528
*3,663
,
*
Defert-ed
•Inventories
,,
49,331
charges
155,
tern—
t
;:
less amortization
-V,
Sierra Pacific Power Co.—Smaller Common Dividend
670,225
_____
___
Selected Industries,
-
annuities
under the Retirement Income and Life Assur¬
ance
$1.69
eafnirigs.-
Arthur Surveyer, senior partner of Arthur Surveyer'&
Co., has
appointed general constuling engineer of* the company.—V. 156,
262.
'
1
■
194 0
$2,842,869
'»' 100,874
93,687
.
,
against first-quarter
'•
-
The directors have
income—
income
V.. 155,
-
.
applies
1,165,207
compares with
-*$26,780
on
expense__.;_:.__
$813,241
,
*" ""
3,619,332
887,654
•
$2,950,152
and
.
,
$1.24
«•«. :r
p.
(R. F.) SedgIey,.Iric.—5-Cent Dividend—
**;*-.
Sheet, Dec.
••■••*•
bond discount
[Payment for past
-
......
$0.54
Consulting Engineer—.
$12,043,697 $10,076,536
_
interest
The
40,061
$1,033
r
*
..........
been
1942
—,1—
repairs—
!
;
_____________________
155, p. 1685.
the
" •
'
$285,988.:... .$637,202
,.
.
♦Subject to income and profits taxes* "
-Earnings—
1,422,281
Dividends
—V.
..
.
.
on
69,027
Dividends
$13,281
:
21,343
*
•
\• • /'•
'
■,
•
$130,000
—
*Net
on
applic¬
prior yearsc._L._^J.^____________
,
Depreciation
since
600,243
Miscellaneous
8,732
$22,376
1940
able to
,tii
,v
Balance
458
Interest
90,787
29,878
»___
Deficit---Dec.
$386,900.
on
Balance
v
r
„^
*300,000.
—$0.79
Water rentals
1,422,699
'income
Other
2,503
94,187
i
___—_______
share
stock
revenues
Taxes
/
—
operating
Net
5,759
profits taxes..,
excess
tax
operating expensesli—
Power purchased „—:
_i_=.
7,183
.
1,300,000
increase
General
;
498
Gross
18,001
7,187
expense—.
.
-620,000.. 1,550.000.
..
1,544,857
Interest
55,406
i
discount
8,871
925,000
———
per
Fixed charges.
;
,
...
employees' past serv. retir, annuities
(other than Federal income taxes)_____
Other
$195,892
54,281
*1
—
Amortization of payment for past service retirement annuities
'
•
of
Feb.
on
___:
of
Amortization
Interest
52,751
and
taxesJ
6 Months Ended June 30—
as
'
Other
inc.
profits
which
Gross
dividend of 25 cents per share on the
to holders of record July 27.
A similar
for
Net
$417,703
-228,250
taxes—
32,158
$2,202,655 ' $2,130,742
'
15,453
17,501
"
•
trust
investment—___
Provision
$221,456
and
$2,077,991
Shawinigan Water & Power Co.—Earnings—
[
1940
$449,706
expenses
300,000
$2,170,498
24,779
1685.
p.
a
1
issue
revenues
and
Amortization
Years
______
Ended
Depreciation
Taxes
1941
this
on
dividend
a
Total
operating
Operation
Saguenay Electric Co.—Annual—ReportAccount
13,268,227
590,000
Dr,
Months
Prov.
income
made
San Diego Gas & Electric Co.
stock, par $1, to holders of record July 20.
distributions of 25 cents per share were made on
June
26,
12
common
quarterly
1941,
'--.*;
.
The
share
546,199
-,
$1,224,859
profit
*Of
at
Rohr Aircraft Corp. of San Diego—Extra Distribution
corporation on July 25 paid an extra dividend of 25 cents per
;
15,500
——_
poss.
excess
Net
t
•1931.—V. 155, p. 366.-
$55,241
securities)
was
Dec.
gold
have declared
stock, payable Aug.
payment
it of
50-year
exhaust
to
$1,200,080
$1,319,878
__.i„v—' '
7,978
common
buildings included
the indenture Js. $676,050,—V.. 155,,p. .2189.
The directors
common
New
receive bids for the sale to
purchase-money
1952,
$1,304,378
profit
Exchange
"•
Broadway,
150,000
-
Richmond Light & RR. Co.—Tenders—
The Guaranty Trust
6,794,477
_
Earnings
The
as
of
-
Jan 1 to July 14
1941
1942
234,422
—
367,227
etc.
Gross
367,608
—V.
earnings
156,
5,397,383
-
3,575,746
1941
130,024,729
92,014,944
262.
p.
Bonds Offered—B. C.
•offering
Ziegler & Co., West Bend, Wis., are
first refunding mortgage 3% sinking
$84,000
June
1,
able qir Jan; 1
of
West
form
1942;
due
Jan.
Total
/•;
Liabilities—
Wis., trustee and
denominations of $100,
1955.
and
Principal
interest
registrar..
The
$500
$1,000,
and
bonds
Both principal and interest of these bonds will
lawful money of the United States of America.
At
the
'published
tion
on
option
of
notice,
any
the
any
corporation
and
upon
all bonds
may
be
and
interest date
as
follows:
At
not
if
be
less than
redeemed
101
in
are
by
pay¬
v
Bank
as
be
redemption
securities
for
securities
cumulative
$1.50
Surplus
(
be effected
.
see
$36,839
loaned
9,900,000
3T.700
convertible- stock-—
Standard Gas & Electric
68,900
151,986
107,676
6.325,000
2,121.585
cash—
—
2.121.585
Electric
:
13,1Q4.975
Brl44,697
Br71,733
stock'
rate
of
interest.
■-
Appraisal—'Total .anpraised.valuation of
land
—$31,479,385 $34,113,665
* Investments owned on March 31, 1931, arq .carried at t he lower of
or market at that date.
Subsequent purchases are carriedrat costr
Investments, based on market ouotations at June 30r-1942, or, »in the
absence thereof, on their then fair value in the
©pinion of the corpo'-
>
amounted
to. $23,156,358.
or
^Represented by 3.450 shares in
cumulative
prior stock,
less, than
$7,268,161
1942
the
155, p.
2189.
-
■
1941
consolidated
there
Francis.
90
are
Dated June 1, 1942; due Jan.. 1. 1955.
Principal and interest (J&J)
payable at, office of .First National Bank of West Bend, Wis., corporate
trustee and registrar, or at option of the holder at office or
agency
at
Detroit,
Mich.
Detroit
Trust
Co.,
If
-
(Mich.)—
.offering at 101 and Interest $250,000 first refunding (3%-
corporation
for
be
a
that
warrants
period of 90 days
issued
appropriate
Detroit,
Mich.,
.
said
-
warrants
days'' period,
are
the
not
holders
fractional, shares
for
from
Julv
certificates
checks covering dividends theretofore
sented by said certificates.
." ■*
•
•3V\%) mortgage sinking fund bonds.
of
will
announce
with
Bonds Offered—B. C. Ziegler & Co., West. Bend. Wis.,
1
trustees
consolidated
thereof
8.
for
together
entitled
within
for
a
said
other
distribution remaining shall*revert
Warrant-? should be sent to
38 So.
La Salle
the.trustees^
St., Chicago, 111.—V. 154,
to
care
p.
the
corporation..
of Downs,
964.
no
cents qjer
share.
per.
last, and
account
on
Nov.
of
value,
par
amount
dis-
was
15,
on. Aug. .15,
1941/
Arrearages
shareWV,- 155,-p, 1686.
1941,
as
at
:
Corp.—Earnings—
from
rents
1
t
$20,202
—
on.
5,767
:
first
$14,435
mortgage at ,4(4%
(estimated)
1,599
I
;
—
_,
;
7,827
;
200
-
tax-
78
Salaries, accounting and miscellaneous expenses
'
.902
further
'period of 90 days upon'surrender of said warrants* to receive their
pro
rata portion of
any cash dividends received -by the voting trustees in
respect of s]hare3. represented
by the outstanding warrants.
Upon
expiration of said second 90-day. period all said warrants and all
rights
ther°unde'' shall cease and terminate and
any stock, cash or. dividends
or
on
A, like
estate^ taxes__-__L___u-___
Insurance
Franchise
surrendered
be
31 »/*»
rents
.Interest,
-Real
repre¬
..
and
shall
on
income
Net
be
consolidation
Upon
full -shares
share has-been declared
cumulative, preferred, stock,
per
$1.25
holders
Operating expenses
may
paid upon the shares
cents
the
to
Statement of Operations.for. Six.Months. Ended June 30, 1912
79th & Racine Bldgr. Corp.—^Warrants to
Expire—
The
Co.—Weekly Output—
public
of .record- Aug,
this issue on-Feb, 16 and May 15,
against
■
.
62%
on
15
Summit House
by the lien of the indenture is $222 840.
Saint Joseph Sanitarium of Mount Clemens
dividend of
Gross
History—The membership of St.' John Nepomucene Congregation con¬
sists of approximately 500 families and about 2,000 souls.
Enrollment
.in the parish school for the school term
just ended was 400 children.
The parish school is in the charge of 12 Sisters of the
Order, School
the
[May 16, 1942, totaled $3.12Mi
amount
and 1,500 shares in
held at cost.—V.
as
buildings covered
!
Sisters of St.
A
payable Aug.
'bursed
cost
$5.50
of
.
accumulations
-
and
output
Gas & Electric Co.,
Struthcrs-Wells-Titusville Corp.—Accumulated Div.—
.
ratioo,
1519.
.totaled
2.056,940
11,785,255
:
Total
shown.
p.
.
2,056,940
1
or
;
Co.—Merger Plan-
utility operating companies/ in the
system for the week ended Julv 18, 1942,
158,595,000 ltwh., as, compared with 144,528,000 kwh. for the
corresponding week last year, an. increase of-9.7%.—V, 156, p.
?62.
Standard
effected
;
Service
364,108
6,181,250
against
purchased——
Public
Community Power & Light Co.—V. 155,
$46,213
352,527
stock
—„
tTreasury
,
Southwestern
•;
prior "stock
cumulative
Common
days'
the corpora¬
[j
taxes, etc.
8,900,000
for
$5.50
r
•
,,•
payable-.
Due
payable
10
Dividends
,Due
to
prior to July 1. 1947; there shall be no premium if
redemption
after July 1, 1947. •
•
■
•
Redemptions for the sinking fund shall be at 100 and accrued'infterest: Corporation shall have the privilege of paying into the
sinking
fuhd for retirement -of bonds, in any one
year, a sum sufficient' to
redeem not exceeding $10,000 principal amount of .the
bonds,; in ad¬
dition' to the reauired retirement through the
sinking fund.
Purpose—Corporation is issuing these bonds for the purpose of providing funds to refund bonds now outstanding which bear a
higher
on
■
Bank loans.
f
coupon
registerable
principal.
in
$31,479,385 $34,113,665
Reserve for expenses,
and July 1 of each year at office of First National
Bend,
fn
1.
—
■;
[fund bonds at 101 and interest—
Dated
;
•/ .•
bonds.
Appraisal—Total; appraised, valuation of
'
until
*'
contract
Motherhouse Corporation,
;
$15,646,218
4
the
St. Louis Screw & Bolt Co.—25-Cent Dividend—
."will
•
261,438
profits
for
in
Sisters of Charity of
Cincinnati, Ohio, guarantees the due and regular
payment of principal and interest of the bonds and the full
perform¬
the
*
.
'
300,000
State
excess
and accrued
board
of
'
*
•
1942—6 Mos.—1941
etc——
income
Interest
terest
purposes
semi-annual Interest
interest.
••'*,'■•*■
Guarantee-—Sdint Joseph Sanitarium of Mount
Clemens, Mich., is a
corporation, of Sisters of Charity which'Order numbers
1,185 members
of
'
;
4
$8,144,557 $16,364,682
■
,
income
Total
for nurses and personnel.
corporation issued $250,000 first
refunding, mortgage serial bonds,, of which $185,000 are now outstand¬
ing. Redemption of the outstanding bonds on
July 1, 1942, was at 100 %
1941
Chairman
elected
Corp.
J
^
1942—3 Mos.—1941
$8,542,470
amortiz.—
and
Operating
for
'
Amerlcau
taxes,
nary
30—
ordi-
expenses,
Deprec.
Corp.—Earnings—
June
——i.
the
redeem
in each year, deposit with the trustee for
sinking fund
1,
additional
Under
Clarkson is also a director of the Araerex Holding Corp.,. Gon'tineiital Baking Co., Consolidated Oil Corp., Underwood Elliott Fisher
Co., American Sumatra Tobacco Corp., National Distillers Products
.Corp.,
General
Precision. Equipment
Corp.
and
other
companies,
—V. 155, p. 1685,
-
the
paid by the corporation to the Motherhouse
Corporation, The Sisters of
Charity of Cincinnati, Ohio, for its corporate purposes,
being the con¬
Republic Aviation Corp.—New Director—
Republic
of
of
Purpose—Corporation is issuing these bonds for the purpose of pro¬
viding funds to refund bonds now outstanding which bear a
higher
rate of interest,
to pay the cost of refinancing, and $65,000 will be
—Y. 155, p. 1605.
'of
Costs,
date.
.
$1,281,370
holders
End.
sales
Other
an
of selling
1942
Period
Net
Dec.
and
sooner
.
(Robert) Reis & Co. (& SubsA—Sales Up—
„
•Sharon Steel
lawful
coupon
the
sideration
>
Monday, July 27, 1942
bonds
purposes on Jan. 1 and July 1 of such year the
principal
of bonds
according to <the schedule of required sinking fund
redemptions.
In addition to the fixed minimum retirement for sink¬
ing fund purposes, the corporation may, on or before June 1 and
"guaranteed first mortgages" and lending money for first mortgages,
has, been under Federal court supervision for over 10 years.
C7iJt; was first put into an equity receivership April 4, 1932, when it had
.outstanding mortgages and "guarantees"..of.upward of $5,000,000 on
residences,
these
amount
i
146
of
sinking fund
concerned."- .■l-
purpose
of
United
Chandler
"hopelessly
added
and
better
interest
money
of the United States of America.
in denominations of $100, $500 and $1,000, regis¬
to principal.
Louis. Kuehlthau, West Bend,. Wis., co-trustee.
in
as
benefit
filed
were
the
14,
Said.
said
cannot
can
July,
and
and
nothing left for the company's 600 stock¬
or
'Mr:
the
report
insolvent"
totally
bondholders
will be little
holders and
•-'in" his
of
group
in
principal
Sinking Fund—Corporation covenants that it will, on or before June 1
Dec. 1 in each year,
commencing Dec. 1, 1942, to and including
June 1, 1954, pay to the trustee as and for a
sinking fund for the
•»
Court at Philadelphia July
recommending dismissal of reorganization proceedings which
by
•
-
Both
agency.
payable
are
terable
around $5,000,-
are
be
Bonds
the opinion of Paul
is impossible in
paying
Mohl & Co.,
;..
f
Income
earned
.
Sylvania Products, Inc.—Listing—
The
New .York
shares of
Stock
common
Exchange has authorized
stock,
no
„outstanding, with authnritv
shares,
now
authorized
par
■
the
/
listing of 514.368
value, all of which
to. add
and
$3,329
upon
reserved
Is now issued and
official notice of issue 175,972
for
issue
upon
conversion
of
:
Sylvania Products, Inc.,: is the proposed new name of.
Corpi—V. 156, p. 167.
'
.
Tri-Continental
cumulative convertible ^preferred stock ..(par $40).
4y2%
shares of
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
Volume 156'
vania
Hygrade Syl¬
Corp.—Earnings—
United Piece Dye
Earnings for 6 Months Ended June 30
j
Five Months Ended
>
1942
1941
1940
Interest
1942
6 Months Ended June 30—
Other
Ui
income
1
Dividends
;
.
1940
earned
■-
income
Total
Pederal
——-
60,621
.
income
.
taxes,
*915,600
etc.—
56,094
..
,
.1
earnings
$520,797
™____
income™
Ended June
Months
6
Profit
$419,578
$713,431
share——*
per
1437,525
After
providing
of
reserveJ
for
$100,000
$1.48
$1.52
•
'■
ton 287,000 shares common stock.—V. 155, p.
}.
TaconyrPalmyra;Bridge Co.—Earr
j"
6 Months Ended June 30—
7
:
1686.;
•%_
v
;
■
Assets—
Balance
;
„>■
.
Financing costs
-
■-
r.; '
1st
!v
$40,802,207 $42,600,789
taxes_-._™___
payable-
317;667
233~973
177,304
6,900,000
7,900,000
Due for
Bank
Funded
41
J_4-_4L—■
debt
45,871.
Surplus
$147,490
'
,;/.f 941
cost
5 % cumulative preferred dividends_„——_
Class A dividends----Common
dividends
Earnings
Number
f-V. 155,
A and
on class
vehicles, ■ 6
21,284
s
value
of
investments
June
on
30,
1942,
less
was
than
18,000
r
36,003
$0.60
•
stock,
Gross
$537,941--
revenues
$6;258,891
$5,4G0,422
'after
-retir.^7'";/y7V;7;
V-". v
1,289,227
accruals, 4-~-' < vv 99,807
7 105,303
income „—-*99,093---104,624 "1,281,154
Net
p; 2463.
1,531,433
•
1,520,106
-
United
with
Air Lines
♦Net
profit
Earns,
.—.$32,159..
&h.
per
shs.
600
Vi($5 par)
4
*
After charges
and Federal income taxes.1
,
proposed
by
$49,351
to
Federal
for
-
1942
for
amounted
$61,652
,_$0.11
Ways
income
and
the
for
J
in
the
the
first half
and
like
/
months
first half of 1941, Federal taxes amounted
4.' i
'
were
ended
of
June
'•'>
■
a
year
p.
1942.-
30,
For
ICC
for
all
West
.
;
Band,
Wis.,
will
$100,
dent
near
—V.
156, p. 87.
..
to
such
trustee. ;
ago,
Operating
tax
Railway
13,473,336
Other
income
Profit
from
2,444,651
1,241,134
629,245
531,150
before
interest,
3,913
Crl6,132
Cr7,736
$547,804
$4,364,501
$3,100,167
48,813
39,849
256,285
$1,090,702
$587,653
$4,620,786
Mlscell. deductions—___
217,005
v
Bond
5,415
'. charges
7,644
25,961
■
'
v
•
fixed
$1,085,287
$580,009
charges
322,234
.320,103
income
$763,053
__________
Net
—v.
155, p. 2101.
$259,906
Prov.
$4,594,825
.1,917,159
dividend
$2,677,666
$1,364,117
vy:■
of, 25
.
cents per share has been
1,927,324
1937.—V.
16,
Aug.
155,
has
SEC
bonds
on
deprec.
of
common
3
;
the
<
•;'.v-v/'?'■■■,
taken no
action
on
the-dividend
the
on
par¬
common
stock the company says;
In a letter to the holders of the-common
4
estimated
"Our
excess
-
•
profits for the first six-months of this year are in
for the first six months of last year, which were
of the profits
$505,000.
"Under
ordinary
tax
a
situation
stockholders
at
action
the
.
The
$1.50
upon
share
holders of
directors
the
feel
that
present time
dividend
directors,
per
conditions the company would pay the common
dividend, but due to the uncertain Federal
substantial
the
at
to
it
is
for
conserve
the best
interest of
cash and not take
time."
this
the
any
r
-
-
Net
been
ment
of
the
called
will
Divs.
outstanding
at
the
office
of
-
the company-,
—
Bend,
■);
include
shares.
tRepresented
5,000
shares
stock
common
to the
option
by'
United
of
president under
;
2102..,
;
„
and
8 So. Michigan
.
•
10.3%
March
1940 ;
;;
-
brokers'
shares,
held
10.6%
or
March
Were
,
of common stock June 30, 1942,
1.910.061-shares, or 21.9%.
holdings of preferred stock were .3$ 1,675
30, 1942, compared with 369,974 shares, Hot
June
.
.
y
investors'
31,
1942.
31,
Of
•
to
20,
Mr.
final
SEC
Woolfolk
step
to
involves
the
the
so
y-.,;:
,
.
SEC order of
of
the
of
March
on
ordered
company
stock
common
step
by
United
of
of
stockholders
common
the
filed
company
July 1, 1942, proposing
plan
a
of distribution (see V. 156, p. 263).
Briefly, the plan recommends that the common stock of United
Light & Railways, all of which is owned by United Light & Power Co.
divided
holders
24,178
into
greater
a
the
on
basis
of
number
six
Railways for each ten
and
the
plan,
of
stock¬
stock
common
class. B
or
to
Railways for
of
stock
commoh
stock
common
of Railways would be divided
substantially as follows; 91.20% to
6.13%
and
common
2.67%
the
to
class
Power
B
to the class A
common
stockholders;
stockholders.
;
'
that voting power may be
In order
; /
share
one
class A
distributed
stock
common
\
the
■
shares of
among the stockholders of
the preferred stockholders;
63,580
shares
of
of Power and
Power.
Under
224,225
of
shares
each share of preferred stock
re¬
equitably distributed among the
stockholders of Power pending consummation of the plan, it is also
provided that, upon the entry by the Commission of an order approv¬
ing the plan, and until the distribution of the common stock of Rail¬
price
inventory
50,000
and
353,000
ways
135,249
is
commenced, .the
class
•75; 160
B
common
holders of Power
$407,181
$473,300
270,000
270,000
180,000
voting
stockholders
on
the
same
rights;
shall
held
now
be
basis as
$328,139
270,000
with
liquidation
distribution
of
Balance
in compliance
Railways Co. to the preferred and
Light & Power Co.
To initiate this
of
$421,517
1,5%,
'
or
states:
complete
application with the Commission
be
:
oh 1.5%;
shares,
shares,
/
&
United
22,926
385,000
55,158
56,017
..
the company
dissolve
1941.
the
26,634
taxes-
stock,
against
264.
p.
President, has sent a letter to the preferred!
and common stockholders,
together with a copy of the application
filed with the SEC on July 1,
presenting a plan to complete liquidation
&
241,131
1942,
ar/.5.7%<
/ William G. Woolfolk,
re¬
v
preferred
30,
156,
491,504
to
United Light & Power Co.—rPresident Discusses EHsso^
271,351
239,741
the
June
1942.—V.
lution Plan—
$923,055
250,409
holdings
21.8%,. against
or
1942.
owned .abroad
Light
26,056
exclusively
distributed
all
among
that provided for the
by the
stock¬
distribution
f
£f the commonthe only voting stock of receiptcompany,common stock
stock of Railways. Upon that of the the holders
Railways,
thereof
Sheet, March 31
Assets—///•-,'-//
1942
.—i™.,—.
Premiums
paid
acquisition of subsidiaries—
in banks—,
,
on
hand and
on
be entitled
will
to
vote
one
for
share of
each
such
stock held
cost
accrued
and
receivable
Inventories
interests,—
(less
,4,079,955
507,038
690,757
„
assets
:——
assets of Power
all
ways
owned
ties
.
:
200,000
729,333
1,035,357
737,603
474,065
;
—-————--
Liabilities—'
it
is
440,633
6%
non-cumulative
shares
Common
Capital
non-cumulative pfd. stk.
surplus
(90,000
arising
demption of class B
Funded
earned
debt
Res.
$4,500,000
2,170,400
2,250,000
no
par
50,000
50,000
from discount on repreferred shares———-
surplus———
;
interest
for Income,
on
—
is
held
.1,017,300
5,745,000
264,369
.
120,300
profits and other taxes
538,918
368,016
———_—_
67,500
10
Aug.
"
kwh., or 11.7%.—V. 156, p. 263.
m.
classes
the
and
equitable, to all stockholders.- If
and the Court, you will be
Commission
to be
followed in exchanging
stock for
your
Railways.
has
on
;
ordered
Aug.
4,
hearing
a
on
at its office
1942,
the
in
,
application to be
Philadelphia. Any
Co.—Weekly Output—
1,
1942.
'
has
ordered
that
particular
attention
be
will
hearing to the following matters and questions:
(1) Whether the proposed action is necessary to effectuate the pro¬
visions of section 11 (b)
of the Act and the Commission's order of
March
(2)
(3)
ways
the U. G. I. system companies for the week
ended July 18, 1942, amounted to 115,547,325 kwh., as against 103,474,023 kwh. in the same week last year, or an increase of 12,073,302
output for
a;
all
at. said
directed
$14,638,016 $14,382,486
electric
of
Commission
The
<
20
of
and Aug.
5, 1941, in these proceedings;'
•
-
equitable to the
••;,
"
•
persons
thereby;
Whether the proposed capital structure of United Light & Rail¬
Co.
meets
Whether
shares of
or
.
Whether the proposed plan is fair and
affected
The
stock
of
of Railways cannot be commenced
determined by a Federal Court that
and
fair
the
by
stockholders
to
desiring to be heard or otherwise wishing to participate in the
person
67,500
p~ 414lT"*
Railways)
stock
also
is
distribution.is
approved
Commission
at
equitable
common
unless it
the procedure
of
The
before
310,455
117,450
of
■.
proceedings should notify the Commission in the proper manner on or
67,614
5,628,000
inch'meter deposits
bonds
excess
payable
of
plan
$4,500,000
1,187,679
'
Accts. pay. & accrued chgs.
Accrued
basis
common
($50 par)
($25 par)—
shares)-
pfd. stock
the
of
plan
the
advised
Class
3:'"','.
and
fair
the
under
$14,638,016 $14,382,486
stock
common
The plan cannot become effective unless the Commission determines
that
distribution
:
Class A
B
_____
the
expenses.
the
Total
than
(other
by it after providing for the payment of its remaining liabili¬
and
.
715,707
————.
other
,
251,643
reserve)_i—
—
and
4,079,955
.
In
$7,504,204
,
them.
;
v, ../'■■ p.j:":K>:
,
'.\,|//■ /■ ■/ •/,//•,"%■■ :,•"•
addition, the plan provides that Power, shall.contribute to Rail-;
by
•
$7,574,250
—
Investment in securities of Dominion of Canada
at
1941
•
Brokers'
York State
held March
an
'■!
3,602,811
.
31
324,135
1942,
30,
;
Foreign holdings of Steel common June 30, 1942, amounted
shares, or 5.6%" of the issue, compared with 493,500 .shares,
,1939
,
June
totaled
holdings of common stock. June 30,1942/
were
1,225,964 shares, or 14.1%, compared with 1,238,661
shares^ or
14.2%, March 31, 1942.
Investors' holdings of preferred stock June 30;
1942, were 1,128,726 shares, or 31.3%, against 1,140,081 shares, or
31.6%, March 31, 1942.
:
,'f. ^
,
-Annual Re-
Ended
State
1942.
March 31,
,.
New
1
in
$1,196,741
United Gas Improvement
Ave.,
31,
The
Years
corporation
outstanding
shares, while preferred stock
co¬
buildings included
1941
Holdings, etc.—
this
of
8,703,252
; c"*V '1,
York
shares,
inci-r
Wis.,
stock
to
1,904,067
March
(4)
preferred stock, 6% convertible series, has
as of Aug. 15 at 110 and dividends.
Pay¬
Chicago, 111.—V. 155, p. 1928.
land
Income,
Property
-V?^152,
Aug. 22.—V. 153, p. 409.
for redemption
dlv.
'
however, declared the regular quarterly dividend of
the 6% preferred stock, par $100, payable Sept. 1
be made
expenses
316,431
profit for year—
on
6% pfd. shrs.
Dividends
Truax-Traer Coal Co.—Preferred Stock Called—
All
of
on
record
cost,
$5
par
tSet up out of amouht paid in cash by
gRepresented by 2,485,543 no par shares,
common stock outstanding June 30, 1942,
2,164,470, or 24.9% ^
brokers' names, representing a decrease of 7,494 shares over the
New
Were
con¬
income
Consolidated
stockholders
no
'
v
ordinarily
stock, par $2, about Aug. 15.
The company had
been paying regular quarterly dividends of 25 cents per share on this
issue, the last payment on that basis being made on May 15, 1942.
able
value of
50,000
Deferred
(The) Trane Co.—Omits Common Dividend—
have
239,200
.
on
war
profits
Accounts
directors
payment of
Kuehlthau, West
V'.'i/.'-' ■
147,417
in
excess
Cash
The
by
452,379 shares, or .12.6% , held March 31, 1942. ' Investors'-holdings of
preferred amounted, to .3,140,605. shares,
or 87.2%
of the outstanding
issue, on June 30. 1942, compared with 3,150,432 shares, or 87.4%
held by them March
31, 1942.
,
;V \
•' '
v
:
79%,
$1,456,568
values
.
.
of
plants
future
Prov./ for
.v
-
increase
an
approved
for
for
application of-company1 to withdraw its
common
stock
(10 cents par) .from listing and registration on. the
Philadelphia Stock. Exchange.
The application stated, among other
things, that the company is about-to dissolve, liquidate and cease
all activities, and that the stock is now selling on the Exchange at
granted
65,112
r
or 24.9%, held by brokers on Marsh 31,
1942.
In¬
common
stockholdings June 30,-1942, were 6 538;782 shares,:
75.1%, compared with 6,531,288 shares,-or 75.1%, March 31, 1942. >
i
Of the .preferred stock
outstanding, 462,206 shares, or 12,8%, were
in brokers' names June
30, 1942, an increase of 9,827 shares over the
•
Tonopah Belmont Development Co.—Delisting—
The
981,640
or
totaled
311,804
quirements
1/512 of a dollar.—V. 155, p. 2101.
■
Mail
$1,592,203
etc.
Consolidated
•.
24,855.
9,346,831
9,346,831
—
vestors'
pre¬
companies'
Prov.
declared on the
2287.
p.
upon
1942
for sink, fund
Amortization
-V:; v.;'
stock, par $25, payable Aug. 10 to holders of record July 31,
A similar
distribution was made on Feb. 10, last, which was the first payment
since
193%.
./.'r ; \
sulting engineer TS'.
$3,291,441
(John R.) Thompson Co.—25-Cent Dividend—
A
Louis
funds
S.
bases
by
•
U.
for
decline
.
9.475,000
24,855
Of the
bond
deprec.,
erected
•'
500,000
9,475,000
2,171,964 shares,
in denominations of $1,000, $500
principal
•
disc't absorbed
'
Fixed
to
operations
on
deemed
the
for
500,000
,
at
■
Were in
major
totaled
\M."
coupon form
as
Statement
bonds incl.
on
mium
$3,317,172
25,731
■
avail,
Inc.
West,with
indenture, $296,260.
charging
premium
______
shares.
• -
83,391
Cr5,408
r™™w;
income
Total
$84,000
23,920,000
surplus
amounted
■
appraised
Consolidated
9,902,902
$1,041,889
income
oper.
ry.
$92,500
23,920,000
stock_,
Common
in
reflected
and
Int.
Net
of
607,277,268,
port—r
271,105
100,663
increase
particularly,
program,
Middle
United Fuel Investments Ltd. (& Subs.)-
1942—6 Mos.—1941
1,693,925
644,391*
accruals--,
Equip, rentals, net—™
Jt. fac. rentals, net-
agairtst
registration.-
Appraisal—^Total
$2,600,138 $20,895,601 $14,767,617
2,331,930
-
in
are
existing bond issues.
.
4 1942—Month—1941
$4,113,465
expenses™.
•
pound-miles,
gain
funds of
Pacific Ry.—Earnings—
Operating revenues
war
increase
an
;
the lien of the
Period Ended June 30—
147%
a
in mail
largest
Purpose—The net proceeds of this issue of bonds, together with other,
the-corporation to the extent required, will be used to refund
of
Texas &
had
58%
The
payable
registerable
yiy
northeasterly from
•
of
1941.
corporate trustee and registrar.
Both principal and
in lawful money of the United States of
be
Bonds
on
company
of
other maturities—
interest
July.14 issued a certificate permitting abandonment bv
a
portion of a branch line of railroad extending
,a connection with its main line at Cade to a point
St. MartinVille, approximately 5.70 miles, in St. Martin Parish,-La,
the
1
expenses
United States Steel
Corp.-—Foreign
I
and
The
125,355
41,172,731
41,073,641
'
Dated May 1, 1942; due serially Nov. 1,
1942, to Nov. 1, 1954.
Prin¬
cipal and interest (M&N) payable at office of First National Bank of
927.
Texas & New Orleans RR.—Abandonment—
.
1941
$2,117,713
Total$44,340,827 $43,415,799
>
.
Bend,
America.
'■
1942
106,023
155, p,
1, 1942, maturity; 100.5 and
interest for May 1, 1943,
maturity, and 101 and interest
to $17,375.—V. 155, p. 1607.
-1»See Community Power & Light Co.—V. 155,
*
30
stock_>™.-._„w„-.,___-.^_
preferred
Securities,
-
100.25 and interest'for Nov.
rates
Congress and
at
provided
T«xas-New Mexico Utilities Co.—To Be Liquidated—
4
June
States & Foreign Securities
Corp., under
March 1, 1942, at $25 per share.—V.
Wis., are offering $77,500 first refunding
mortgage 3%, 31/2% 3%% and 4% serial bonds. Price,
$0.20
$0.27
*
.
of 1942
increase
an
period
pound-miles,
.156, p. 263.■
West
"
Committee
Means
six
>
taxes
,
418,600
indicated
an
$44,340,827 $43,415,799
♦Represented
i':.' United Evangelical Lutheran Congregation of Chicago
(Oak Park, 111.)—Bonds Offered—B. C. Ziegler & Co.,
/ $44,809
••■■
2—.....$0.14
Note—Provision
■
$22,915
'
;■-4.,t
stk-
Sheet
■
100,000 no par $5 div. shares,
subscribers to 2nd pref stock,
1942—6 Mos.—1941
v
226,.
on
common
had
.
Transport Corp.—Shipments Rise—r
pound-miles
with
246,965;773
■r-V.
1942—3 MQS.--1941
•-
Corp.—$1 Class A Dividend—
1;086,095,469
period End. June 30— -^
^
.
Telautograph Corp.—Earnings-
;
Balance
■
Operating surplus
Express pound-miles
3,216,906,139," compared With 1,308,441,536, while mail' pound-miles
were .5,326,701,541,
compared With 3,366,500,713.
■.■."* ^.
;
In June the express figures were
724,396,937 pound-miles, .compared
inc.
'Ireserve
f~v. 155,
■;
;
2374.
p;
extensive use of-air cargo schedules in the
along .the route connecting the East , and
industrial centers on the Pacific Coast.
-1942—12 Mos.—1941'
-
155,
;
compared
$475,587
corporation
approximately $22,547,646, which
$3,161,163
Capital
A
air. express
Operating
cost.—V.
United Air Lines
.
•/' rPeriod End. June„ 30—'1942-—MonthL-'1941J
of
assets
$227,709
-
$1.10
:
;
at
Tubize Chatillon
•1,132,957
p. 2014.
TampaEleclric Co.—Earnings—
net
•
^Common
•
on July 15 declared a dividend of
$1 per share on the
stock,' payable Aug. 1 to holders of record July 21.
A like
amount has been paid on this issue each quarter since and
including
Feb. 1, 1941, which compares With $2 on Nov.
1, 1940; $1 each on
May 1 and Aug. I, 1940, and $2 on Dec. 28, 1939.—V. 156, p. 263.
21,588
1,007,226
shares
com,
months™
the
299,000
preferred stock^^^-.^.,
JSpecial reserve
by $17,403,331.
class
48,236
-
1942
market quotations, of
on
loss$92,259^
589,000
-™--
Liabilities—
tRepresented by 2,429,318 no par shares. tRepre1,360 shares in 1942 and 500 shares in 1941 of $6 cumulative'
v
$83,741
24,138
t—————
share
per
of
./
___-
dividends
30,
26,500
$605,355
■
♦1st
The directors
'
31,000
$509,681
•
Total.1
;y
48,005
:
8,209
83,940
Deserve for taxes and accrued
$40,802,207 $42,600,789
market
54,003
$55,127
.
June
9,959
73,480
equivalent to approximately $94 per share of first preferred stock.
■
$185,745
63,304
Net .profit'
1
325
30,000
8,777
received, interest accrued,
Securities at cost-^-Uu——
Dr34,789
sented by
'
$148,431
Total incomev--—Federal and other income taxes accrued
Reserve for contingencies.-—-V--—
...
$330,936
74,268
*■
preferred
Cash
25,561,837
Pr88,266
Total
$185,420
-
loss$110
t2nd
10,805
■
2,429,318
preferred
'income
262,^28
$715,294
$593-164
inc.
1
3,630,000
2,429,318
24,937,130
:
723,082
—j,
-
—
$722,972
taxes
Fed.
54,933
,f
$714,189
$623,726
-
36,132
i.
est.
1939
$538,231
.
2,460,000
3,568,500
Treasury stock
11,119
Dividends
2,460,000
6%
17,557"
•
other
&
'Assets-^-.
86,400
-
loans
..
,
'
prof.1,105
expenses
for
On
is
329,328
dividends
51,314
43,320
— ______
$61,392"
accrued
44,543
$667,046
iny.
on
Net profit
$43,884
♦The
pther
Other
.V."
r-4
&
32,581
Y
10,626
..
/
-
.
.
>
33,150:
;;
1941
$930,511
Due for securities loaned
.against.cashsecurities purchased
'
profit
Cap. stk.
/
1942
1940
$671,658
.
—
i
income
value, based
expenses
—
realized loss
Net
June 30
cumulative preferred stock
tCommon stock ^--^1—
45,876
-----—1
437,400
.>■'
18,739
Interest K-'.J.
Total
tax
for
;>
Corp.- -Earns.
1941
$658,527
55,057
$280,506
436,800
.L—j.———,'
accrued—
income
Prov.
Interest
33,535
35,894
■
'
Sheet,
..
Liabilities—
$361,908
35,696
;
.141,500
t
$362,310
434,415
——
Reserve
•
'.'js
1(.*
,
$327,471--
Operating
Other
&
Securities
1942
$611,989
210,242
Net
,'$469,107.
$424,867
424,845
declared
Total
1941
1942
tolls'—
and maintenance—
Depreciation
^—
Administrative and general expense.s_.-__—
141,500
International
received-4-n
rec'd
$1,791,385
*
3gs—
Income,
140,500
Int.
32,811
'
Federal income taxes and other charges, but before provision for excess
profits tax-.
99,482
130,636
;
$665,0591,
25,427
106,111
—
contingencies and after
making provision for Federal normal tax; surtax and excess profits tax
at the rate of 70%,'
tAfter deductions for operating expenses, normal
-
'
dlvs.
Investment in U. S. Govt, securities—at cost—.
*1,600,080
850,000
Investment in other securities—at cost_i—
*37,837,340
39,400,601
Special deposits for dividends, interest, etc.—
331,367.
334,828
Receivable lor securities sold
5,304
82,731
Interest and dividends receivable——_—l
97,604
141,244
„
$553,129.
$1.21
•: •
1940
.
1426.707
U—*349,054
_
1941
.
$609,582 '
$1,163,514
divs.
:
Cash '
1942
•
•———r
profit
^Earnings
*
30—
taxes.:.
before
$635,348
•
92,144
Preferred
,
Net
25,581
100,513
Sutherland Paper Co.—Earnings—
:r;
$734,670
States
6 Mos. End. June 30r-
Cash
14,417
-
,■
1941
$19,252
492,775
$662,063
>
Interest.'
(est.) of $700,000.—V. 155, p. 2463.
'*Includes excess profits taxes
566,088
Expenses
: $579,422
59,331
,466,844
-
'{f 670,985
United
Net profit—
Net
$38,20Q
559,696
service
&
1942
$89,711
__/
—V. 156, p. 263,
134,078
Total
226,057
$1,236,369
$1,497,018
.
v—-—
$69,259
.
Taxes
Depreciation
$63,685
____
Management
fees
$102,368
$353,365
302,080
.
.
-
$934,289
261,997
—
J '
.
1941
'
$1,235,021
operations.—
from
Profit
,
.
Canadian -Affiliate)
(Excluding
•.
May 30—
charges and tgxes_.
Net income after all
1939
'
Superheater Go.—Earnings—
Works—Earnings-
•
.
.
:
349
the
the
standards of the applicable sections of
proposed increase and distribution of
stock
the
Act;
the
new
will unduly
complicate the structure, unfairly
inequitable distribute voting power among the security holders,
the holding-company system or will be detrimental to the public
interest
common
or
the
interest
of
investors
or
consumers
tioning of such holding-company system;
or
the proper func¬
THE COMMERCIAL
350
!
(5)
Whether
new
other
the basis of its allo¬
stock, including
common
the stockholders of United Light & Power Co., are
appropriate and consistent with the applicable standards of the Act;.
(6)
Whether the accounting entries proposed to bs recorded are
cation
is
cern
terms and conditions, with respect to. the proposed
the
the
of
distribution
& FINANCIAL/CHRONICLE
important supplier of parts to the,. Vultee
an
leading manufacturers of
materials.—V.
war
corporation and
155, p. 1847.
U.
event
the
In
the
the
finds
Commission
Co.—Ruling:
Attention
of
all
counsel
the interest of investors and consumers
"You
is
Pro Forma Consolidated Income Account (United
Months
12
Co.
Ended
operating companies—
Total operating revenues
Subsidiary
■"
,
"
,
the
use
—$104,888,902
sale
64,348,005
following
Brothers Co.
bonds until
The
the
of
306
;
of
issued
plan
a
in
the
or
Trust
Indenture Act
instrumentalities of
prior
to
which
for
taxes,
of
of
the
it
minority interest ...in subsidiary., company, .$19,826;
preferred ($100 par.),; $1,155,000; common stock (187,-."
shares), $938,130; capital, surplus, $1,185,347; earned sur-t
plus, $569,176; total, $4,802,172,—V. 150, p. ,4115.
: v V
and
unlawful
indenture
Amerlcitii.- Bank Note Co.—Annual
in
Consolidated
to
this
with
Manufacturing
9,374,017"
exempted
from
Section 3
(a)
as
registration under the Securities Act of 1933 by both
(10) of that Act and Section 264 of the Bankruptcy Actr
However, neither of these exemptions carries over to
Ordinary
1,340,928
979,701
utility operations————.,
(net)——_
—>
amended.
the Trust
by
Indenture Act.
the reorganized company
-
^
.
r
.
518,213
prohibits trading
tion of
net
earnings,—-.—
etc,_
8,710,279
Balance
The
$13,513,954
in
Subsidiary holding and investment companieson
notes and accounts, amortization of debt dis¬
:
income
dividend
extra
an
of
plans to construct five
eompany
new
war
'
Balance
Miscellaneous deductions
Net
and
interest
Income.—
Balance
Pro
Balance
Sheet
and Subsidiaries)
Assets^—
effect
■'
of
Deposits for payment of dividends
commercial
and
Accounts
notes
497,908
—
of
Westinghouse
new
accts.
unearned
and
the
devices
direct
metals,
which
current
aluminum
convert
required
and
in
the
—J.
3,291
priced substantially at average cost
9,179,123
Purchased
——*—1,354,326
Total
current
manufacture
Ignitrons
""■'Liabilities—
Preferred
v"j
-
Common stock
23,686,062
Capital stock of subsidiaries and surplus applicable to com¬
mon stock held by public
$99,534,039
Long-term debt 1.—,
—231,660,500
Due
to
affiliated
Notes payable to
companies
.■
doubtful accounts—J———;—-V-Vcasualties
repairs—----w.~---_i.i-i>v,
insurance—————,
,
4,000,000
2,300,000
Serial notes of subsidiaries due prior
Taxes
to April 30, 1943—„
payable,——
interest
2,138,698
miscellaneous ..taxes
Accrued
Federal
and State
income
3,734,852
taxes
:
12,791,702
_
Dies
long-term debt
on
Depreciation
Reserve
for
Miscellaneous
Other
at
cost
;
-V.
sale
for
96,179
to
employees
in
on
surplus
50,724,244
Total
p.
263.
Other
statement
A
For
more
bombs and other
tary
duction
stockholders
six
months
81,081
;
munitions for
production.
Even
our
plants are located,
us
now
July 20 stated, in part:
company has been
manufacturing
Government.
to
recently
identify ourselves
cannot
we
Until
say
1,510,152
2,650,494
—
(less
equipment
other than to state
they
the
the
July 22.
and Aug.
$3,954.433)
l
3,075,539
~
payable-^-trade
$280,795
payrolls
fdr
>
liabilities—
normal
pany's wallpaper mills
levels.'■
are
annual
continuing
wallpaper business,
to
manufacture
at
The
Preliminary
year
ended
the
ones
to
30,
year.—V.
previous
1942,
156,
p.
that
was
wallpaper
10
equal
to
that
payable
Jan.
1942-—[
2,
of
account
customers'
the
of
the
86.
dividend of $1.25 per share
on
and
6.
Feb.
15
on
Aug.
on
[Aug.
15,
1940,
similar
A
and'Aug:
and 20
1942, payable Aug. 15
distribution was made on
15, 1941, as compared with
cents
Feb.
on
15,
1940.—V.
155;
;
v*
94,973
stock
Common
surplus
■—*—Li.————
Total
'
'
The
tion
Securities
of
St.
the
and
directors
the
dividend of 50 cents per share
15 to holders of record Aug. 22.
share paid on March 14 and June, 15,
July 16 declared
stock, payable Sept.
on
common
15
Dec.
and
15.—V.
May
par
of
Income
Net
sales,
Account
for
Louis
the
applica¬
1,
15,
75
a
March 15,. 50 cents; June
with
cents each,
Calendar
Bankruptcy Act and that, upon information from the trustee that the
was insolvent, it appeared to the Exchange that the
security
was; in all probability, without value.
company
1925,
and
an
extra
of 25
cents
15*
have been called for
interest.
Payment
will be
Richard
W.
corporation
committee
Millar
and
also
has
as
resigned
a
as
director
of Consolidated Aircraft
President
and
and
member
redemption as of Aug. 1, 1942, at
made at the First National Bank
the
of
this
executive
Williams, Vice-Chairman of the board,
on
July 17
corporation has acquired, by purchase, the Intercontinent
Aircraft Corp. of Miami, Fla., all of the stock of which was
owned
by William D. Pawley, Chairman of Intercontinent.
The
acquired
con-
:—
tools,
10,743,992
5,821,778
etc.——.
256,495
244,730
3,939,555
115,182
242,919
189,648
202,943
$887,318
$130,178
Operation; profit-*.—-L-L——.
Other '• income;.'
-L—
Total
income
$2,400,443
'
65,311
36,395
$2,465,754
—
deductions
Federal
5923,713
Cost
46,751
$176,929
- \
Ended Dec- 31, 1941
T—
$2,589,43$
of .sales-
•
-profit
"Equivalent
Balance
Other
$1,016,292
,_J
132,689
—-l,—
*•
■;
$1.28 per
in 1940.'
'
to
share
common
Assets—-Cash,* $1,394,630;
•
general
expense—,^
;
——
*
——
219,420
$939,560
—
—
——
'
—
—
-
—
-—
118,874
$1,048,434
18,875
'
—
222,634
Provision for Federal income taxes,———
493,137
Net
profit
Cash dividends
depletion
—
to
'
-
work
453;
in
and
process
other
(less
,
trade
assets,
for
reserves
$208,544;
notes
"$616,785
1941
in
and
89
$96,322
cents
T
per
"
J941
and
accounts
receivable
(less
$72,000), $1,694,904; Inventories of finished, goods and parts,
of
reserve
share
common
Balance Sheet, Dec. 31,
,.■
raw
(less
materials
of
reserve
$430,000),"
$2,429,-
$17,161; land, buildings, machinery and equipment
depreciation of $1,385,410);
$2,085,750;
goodwill,
$1; deferred charges, $387,377; \ total, $8,009,275.
Federal income taxes,
$715,413; accrued taxes, rentals, etc.',
ended Dec. 31, 19.41, est., $1,050,-
year
000; reserves, $382,000; capital stock ($1 par), $692,644; capital surplus
(after deduction of earned deficit of $1,805,256 at June 30,
1938),
$3,441,951;
surplussince
earned
.009,275 —V.
July
155, p. 2451. ; '
statement
Sales
(less outgoing
.
1,
.
1938,
.
-
.
$1,518,682;
total,
$8,-
(
•
of
Income,
Year
Ended
Report-
Nov.
28,
1941
[
;
freight, discounts; and allowances.)—*-> .$3,915,880
————1————
2,732,828
Selling, administrative and general, expenses-—,
479*477
Cost
of
goods
sold
—
profit
■.
—
income
_,
Net
income-before Federal income
Provision for
•
excess,,
Federal income taxes
—
T
preferred shareholders
—
taxes————,
$703,574
,
38,835
$742,410
(including $127,000 for
profits -taxes)———
Cash
income
306,000
dividends
_'
on
——^
preferred stock—a—..
$436,410
79,776
Cash dividends on common
stocks—30,341
share——*.-*———
——
$2.94
Balance
$1,148,980
—
-
income
income
80,607
'
"$890,797
Earnings per common
and
200,000
reserve—
Net
Net
profit
175,000
500,000
1,573,142
——
—
—
administrative
"
131,928'
550,000
v;. ;
taxes
profits tax—
Post-war adjustment
_
Gross profit on sales.
Profit from allied activities,
324,957
—,
'
%
income
Excess
'
Interest, etc.
Depreciation and
announced
this
1939
$4,387,858
Subs.)- -Annual > Re-
(&
Corp,
Acquisition—
G. M.
Corp,
sales
Total
that
Aggregates
'
director
of
1940
$7,143,474
expenses.-
of
Y:-,;V:
Years
89.
p.
Consolidated Income Account, Year
Net
Selling,
Resigns—
' -
on
port—
Total
Yultee Aircraft, Inc.—President
4,765,742
1941
American Box Board Co.—Annual
Cincinnati, Ohio.—V. 121,
Stock
Exchange to strike from listing and
registration the common stock ($1 par) of this company.
The applica¬
tion to delist stated, among other things, that the
company has filed
in the
U.
S. District Court its
petition under Chapter X of the
3,529,498
$13,643,849
Depreciation ;—-7—
155, p. 1S22.
American
granted
6,527,730
$17,957,243 $20,246,241
'
-
-
--4—^——
and
Other
Co.—Delisting—
Exchange Commission has
—r„
6,527,730
American Bosch Corp.—Annual Reoort—
;
Operating
Vardaman Shoe
922,317
par)—4,493,650 ' : 4,495,650
stock-($50
par)--^-—-r'
;
"
($.10
patents and tracings,
Zane Hotel, Zanesville, Ohio—Bonds Called—
All of the outstanding $117,100 bonds of Henry A, Hicks, issued
account
pfd. stock, payable Aug. 15
record Aug. 1. Distributions of $1 per share were made
on
this issue on Nov. 15 and Dec. 15, last.
The previous payment
also $1 per share, was made on Feb. 26, 1940.—V. 154, p. 1497,
'
464.284
♦
822,733
cumulative preferred
6*%
■■
June 30,
This compares, with 75 cents per
last.
Payments in. 1941 were as follows:
of accumulations on the $4 cumulative conv.
to holders of
—>
403.03?
—
403.013
;;
Divs. declared by foreign sub. (not yet received).
Valspar Corp.—$1.25 Preferred Dividend—
a
133,429
614,844
48,539
Appropriated surplus for employees' pensions—
Common Dividend
Youngstown Sheet & Tube Co.-^Dividend Decreased—
The
Sept.
The directors have declared
132,429
536.108
orders
contingencies--—
Liabilities—Accounts payable,
Dec.
•
1,281,317
July 20 at 52,
dividend of 20. cents per share oh the
a
the six months ended
record
last,
cents
com¬
for
16,
of
741. ■
customary
rollage volume
approximately
stock for
holders
.-v
indicate
figures
June
York Stock Exchange
directors have declared
common
on
'.
New
York Knitting Mills, Ltd.—20-Cent
mili¬
pro¬
your
the
on
commission, by Shearson, Hammill & Co. * The
offering has been completed.—V. 155, p. 2104.
p.
our
.76,250
156,165
,
taxes—945,624
on
for
$406,481
70.849
69,302
payable to foreign subsidiary
Pfd. 6% stock of foreign sub, held by public*,Reserve
74,093
$17,957,243 $20,246,241
-
accrued
Other
Wrigley Jr. Co.—Special Offering—A spe¬
cial offering of 2,500 shares of capital stock (no par) was
Feb.
volume of
3,078.884
61,399
Account
1, 1941.—V.
(William)
We
are
still
very
definitely in the wallpaper business—still the
largest manufacturer of wallpaper in the world.
Even though we now have war contracts that alone exceed
75% of
dollar
2,008,063
1,796,706
—._u—
—
'
turning out wallpaper.
the
stock, par $10, both payable Aug; 1 to holders; of
Like amounts were disbursed on Feb. 2, last, and on
155, p. 512.
■:
:; -/
common
record
Feb.
war
not
are
of
reserves
rolls'
expenses
Advances
-
The directors have declared an extra dividend of 20 cents per sharp
addition ta the usual semi-annual dividend of 30 cents per share
publicly with
where
922.317
1,637,695
Dividends
Cost
with $1
on
this
have not permitted
censors
munitions
the
to
than
28,320
,
1,274,902
Provision
154, p. 2016.'
made
United Wallpaper Factories, Inc.—Mfg. Munitions—
28,320
822,733
-t—_u_—
7' Liabilities— "
$3,544,017
-
7,144,024
$560,810,764
156,
;
./
surplus
appropriated
and
Amortization
1,641,454
Surplus (applicable to United Light & Rys. Co.).—_—
i~V.
income
Wisconsin National Life Insurance Co.—Extra Div.—
1,394,174
casualty
of construction—2,490,367
Contributions in aid
Paid-in
and
2,999,932
2,705,389
foreign subsidiary
v
Net
———__—T,—--
reserves
Reserves for insurance
1,664,266
2,371,573
lower.—
or
acquired
Approp, for conting. losses on in v. in transportation sub.i-.* .,t: 508,333
85,525,628
159,987
1,045,827
—u—
,y~VV 155, p.. 1748.
•
—
2,114,456
■',? 750,100
.4
$6,611,889
charges—
———_2,522,835
deductions
w-i_>-Zi-_---i_36,703
4,f38,508
—
reserve
intangibles
$2,364,084
679,410
Vr'-i; 750.100
Dividends
Premium
Consolid'd
$1,611,471
u;'
^
interest
Net
—
a
(less res. of $1,590,038 and $2,036,313)
and
Earned
payable—.—l—535,412
Customers' deposits
:
1,555,499
Miscellaneous current liabilities !
1,163,919
$0.22
1911
31
Total
$5,390,253
1,221,636
income
Dee.
^
.
Gross
$1.17
•■ ■
Sheet,
cost
subsidiaries
from
Machinery
Prepaid
excess
Net
operating revenues
1—
Total non-operating revenues-_-__-_-----_--__-___-,_--ii-
in
$2,600,200 and
i'
profits taxes—
4,141,700
Provision for depreciation—2,522,604
3,789,011
Accrued
;
expenses—1,096,196
"Provision for estimated income and
com-
deposits in banks
at
assets—Land
Bldgs.
•
63,616
1,050,000
Accounts
time
of
Fixed
1,226,647
general
64,994
notes_>i—
stock
Accrued
1,531,780
23,371
\.i
expenses
and
t$437,344
securities
8,884
—
banks by American Light & Traction Co—
payable to banks by other subsidiaries,.:
and
Investments
Other operating expenses__w:„_--_w-_^----i_i__^--^i-,__-i;_T.,;.;; 7,174,758
other than income taxes
!
'—
3,417,984
__—„———
Notes
and
for
Commercial
■[<
Balance
Government
elec-r
86,821
for
Administrative
$18,983,800
$143,510
$573,133
receivable
Accounts
———————-J:
and
269,739
■'■:j,
;■
securities
S.' Treasury
Accounts
of
•
Provision
;•
stock
U.
also
Maintenance
$560,810,764
-
demand
Common
revenues—IT-,$26,675,949
power
"$102,611
269,739
194.982
„—<1.—>
■
tDeficit.
Receivable
Provision
—.———.—
$413,249
269,739
——„_
Company
■
operating
42,456
——
—4
per share on *652,773
shares
"Loss,
Cash,
[T;
Earnings Statement 12 Months Ended May 31, 1942
Total
215,089
295,000
170,000
__
Marketable
.
alternating
magnesium.
128,834
$1,037,854
dividends
dividends
),1
a
Wisconsin Electric Power Co.—Earnings-
carrying chgs. Crl,407,829
——
——
■■■•
plants,
receivable——v.. ^ 11,820,603
Materials and supplies,
Prepayments
ignitrons
into
war
Accounts receivable from subsidiary and affiliated cos.6,606
Interest receivable
of
802,892
taxes, etc.
Surplus
:y:: mon
West
■
substitution
'22.259
.
120,000
profit
Earnings
the
for
two
supply
direct current for electric locomotives, steel mills, street cars, subway
cars, printing plants and for spot welding.—V. 156, p. 264.
99,655
——.
required
To Substitute A New Steel for Nickel Alloy—
vital
2,992,563
preferred stock
on
paper
uncollectible
for
notes———
the
22.023
33,455
tax——
Investments
tricity
28,238,799
V
U. S. Treasury certificates and tax
of
20,224
85; 531
•
—
contingencies—
Inventories at cost
-'"v;
facture
1,358,442
Cash
V
maintenance.
be
Maryland,; Ohio,
.
21,340,139
Special deposit in escrow
framework
134,810
20,237
.
'
newly-developed steel for a nickel alloy
in war-needed electronic equipment, this
company will conserve 20.00Q
pounds of nickel, a Pittsburgh dispatch says.
V
Hipersil steel,
developed
originally by
Westinghouse- for electric
transformers, is now being used in place of nickel alloy in the manu¬
$429,814,337
55,512,801
_—,——
Net
for
Common
.
is
Through
—
the
to
69,165
$112,961
dividends.——'
foreign inc.
profits
Preferred
.
plants of
according to G. H. A.
would
in
and
Excess
western
steel.-
"
•.'i....,
(including intangibles)
tanks
building
now
66,598
$936,627
207,880
„_
subsidiary—
of
plan)
Investments
Deferred charges
and
medium
are
75,254
,
being used to replace metal in window sash, draining gutters
and similar applications.
At one plant in West Virginia, a 100,000gallon water tank for fire protection is constructed of wood instead
;
the
300
251,551
$43,796
$2,619,394
—
1
loss—British
Federal
Co.
Rys.
&
April 30, 1942
consummation
-■
..
Utility plant
to
(United Light
of
for
plants, we
addition
wood
;$4,866,277
~
Consolidated
(After giving
Reserve
In
1,195,859
*
of
$870,029
production
6,000 tons of steel,
building, construction- and
conserve
230,819
276,889
appropriation
Provision
Pennsylvania," Mr. Parkman said, "Because-of
the present shortage of steel for
construction, however, we are doing
the job with some 3,600,000 feet of
Douglas fir wood."
Cr35,837
— —
Forma
Short-term
Virginia
$6,062,137
prior preferred stock
on
steel
framework
18,196
income
Dividends
director
"Enough
$1,850,759
expenses
248,878
Dividend
thus will
Parkman,
The United Light & Railways Co.—
Interest, amortization of debt discount, etc.,
wood and
$8,144,132
———————
War
cents per
10
Westinghouse Electric & Mfg. Co.—Expansion—
The
■
declared
253,624
381,076
——$2,544,140
Subsidiary preferred
Other deductions
;
■
52,272
Crl,950,728
——
have
342.282
;
income
Pension
k
Dividend—
share;
the regular quarterly dividend of 30 cents per share on
stock, par $10, both payable Aug. 1 to holders of record;
Like amounts have been paid each quarter since and includ¬
1, 1940.—V. 155, p. 1760.
V
ing Aug.
446.742
interest
156, p. 264.
common
July 21,
6,821,534
deductions
directors
130,073
*
__T
i
taxes
$656,239
"
Total
addition to
the
count, etc., expenses
and
effective."—V.
1939
148,882
and repairs—— —*
Other income
application for the qualifica¬
Westchester Fire Insurance Co.—Extra
Interest
Dividend
indenture is
an
an
Years
1940
$1,549,424
'
$22,224,233
Interest and dividends on secutities held by public,
Miscellaneous
in such bonds until
Report—
for Calendar
$3,485,116
'217,618
-—4—
•Operating profit
•:
"Accordingly, it is my opinion that Section 306 (a) of the Trust,
Indenture Act of 1939 is applicable to Warren Brothers Co. bonds, and
$21,706,020
—-
profit
Depreciation
7,140,230
—
Maintenance
issued
Account
1941
are
be
Income
the
,
Total
par
The bonds to
——
——
Net earnings from
income
no
Commission.
taxes.,,..,
Provision for estimated increase in 1942 Federal taxes—
Other
cumulative
626
the
notes
commerce
$615,255 ;
5%
/
makes
payable, $189,941; notes payable^ $34,257; real
purchase obligations. '$29,000; accrued interest.- ..taxes,; rayaltiesy
$51,409; dividends payable. $14,830; reserve for Federal income
ete.,
Bank-,,
bonds
the
■
interstate
qualification
the
B of
77
by
exchange
\
the
of
security
any
under. Section
approved
be
Liabilities—Accounts
estate
indenture has been quali-
debtor.
(a)
mails
has
will
(cost), $14,631-T accounts' receivable,'; (less redebts, ; $35,711 JV $530,486;.: inventories, -$235,860; ^ prepaid
taxes,
$29,171; investments, advances, etc:,
$78,106;
and
^
.
a
As I understand the facts, Warren Brothers
proceedings
court
company
an
cost;),'?/$ 191,929;
plant and equipment' (less reserve for depreciation, $1,995,953), $3,621,828; deferred charges, $58,256; total, $4,802,172.
announces:
excerpt from'
'
reorganization
Act.
"Section
Operating expenses
State, local, etc., taxes—.———
Federal and State income taxes——
Federal excess profits
is in
debentures
1942
April 30,
the
requested my opinion as to whether Section 306 (a) of
Indenture Act of 1939 prohibits trading on a "when issued",
Warren
reorganized
Light & Rys. & Subs,)
to
-i-J-
bdndsv (
Treasury.vbonds
for' bad^
insurance
have
in
ruptcy
the Act and the rules thereunder.
called
S.
serve
V
.
11, 1942, to the Association from the office of general
field with the Commission.
consistent
and
Securities
the SEC:
of
the Trust
basis
members
.
with all applicable requirements of
New
•
.
The National Uniform Practice Committee of the NASD
f
letter dated July
generally appropriate, what terms and conditions, if any, should be
imposed;
•
(91 Generally, whether the proposed transactions are in the public
interest and in
on
,
transactions
proposed
Brothers
"When Issued"-
appropriate and in accordance with sound accounting principles and
practice;
(7) Whether the fees and expenses to be paid, directly or indirectly,
in connection with any of the proposed transactions are for necessary
services and are reasonable in amount;
(8)
«...Tv'KCenseHdaled'vRalaiiee Sheet, iBee.'
Assets—Cash.v. $41,904V Fedferal ;■ -)abd Abank
among
Warren
,
«v,
.
,
[
;
Sheet,
Nov.
28,
.1941
$378,677; cash'surrender value
of life,insurance, $17,813; accounts and notes receivable, net, $425,819;
inventories, on-the basis of lower of average cost or market,. $732,899;
land, $123,452; buildings, machinery and equipment (less reserves for
depreciation of $762,063), $1,110,494;
good will, patents, etc., $1;
other assets, $82,678; total assets, $2,871,834.
Assets—'Cash
on
hand and in banks,
Liabilities—Accounts payable, $138,312; liability under profit-sharing
plan, $81,925; Dividends payable, $19544; accrued expenses;
incentive
$313,788
$374,561 T reserve for insurance, $8,500; 7%. cumulative preferred stock
($10 par), $1,116,510; common stock ($1 par), $121,363; paid-in sur¬
57,750
plus, $98,863; earned surplus, $911,855; total $2,871,834,—V. 155, p. 818.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4093
■Volume 156
•
■
•
Atlanta Gas Light Co;—EarningsYear Ended
Operating
1941
Dec. 31—
revenues
"»
$8,250,806
————
••<
•
Balance
•
.
Other
.Maintenance
.General
'—
$6,227,514
201,790
taxes..
income
operating
income
Cash
273,883
—■
accounts
92,050,368
32,621
33,531
Common
5,663,863
221,589
1,782,413
__
1,394,499
Miscellaneous
long-term
Accounts
$4,648,970
payable
4,637
1,772,252
Accrued
taxes
1,982,613
Accrued
interest
433,945
378,552
Customers'
advances
44,854
45,633
Retirement
company.
1,328,747
99,211,511
27,434,225
27,434,225
48,884,000
42,308,000
4,011,342
4,625,000
1,110,920
52,057
1,625,000
212,087
266,744
165,027
772,827
244,939
1,625,000
.
___
reserves
660,026
——
assets.,.
Customers'
deposits
—
income
Gross
■Interest
—
for
$1,088,991
__i—______
——
of
income
debt
$1,023,265
343,940
-
■*
,
,
charges——
22,874
Capital stock
11,734
u
55,405
—7,799
961,275
854,103
45,978
aid of
construction
44,944
accounts
construction..
-Advances
income
Net
•Dividends declared
$708,174
,
solidated
this
return
for
of $170,611
which
1941,
in
result
may
some
savings
to
4,617
debentures
.
(1942)—
4,215
274,265
Sheet,
Dec.
81
1941
Assets—
Sinking, funds
-Cash
:
—
special
Accounts
receivable
.
.
—-—
companies——
associated
from
.Receivables
474,587
"
-V.
85,462
19,500
832,582
11,407,855
10,745,015
Operating
revenues
__—
432,970
38,300
Operating
and
Materials
69,608
—1—
debits
deferred
Miscellaneous
—-
and expense——
discount
.Unamortized.debt
_i
204,997
525,110
22,661
352,691
supplies.—...————-——-
•Prepayments
r_
-
:'
Liabilities—
$22,661,193 $14,790,304
'_
Depreciation
preferred
:
$2,343,625
1,300,000
1,300,000
($100 parh
8,397,000
long-term
Electric
revenues:
railway
taxes
Accrued
interest
Capital
surplus
Earned
Other-
30,837
1,866,956
21,829
12,940
,—_—a—.
207,092
other
1,391,370
surplus
——
——
income
in
Miscellaneous
*
$30,568,704 $26,319,644
._—_
11,427,424
8,162,585
1,453,399
,
—,
to
3,875,332
3,703.017
taxes..
1,756,234
3,196,550
2,982,440
[_——.—___
taxes
_
$8,859,765-
income!
income
Gross
Interest
to
of
Interest
Other
debt
exp.
&
and
interest
charged
:
liminary
Dr7,518
64,636
51,279
deductions—
miscellaneous
Fixed
capital:
$6,389,488
preferred
$5,010,049
1,843,752
Sheet,
Dec.
Capital
Assets
■1'
*
'
■
Notes
fund
1940
$
8,218,895
and
Accounts-and
and
Materials
Merchandise
Prepaid
supplies
for
and
insurance,
rents,
debits
Deferred
etc
—
assets———_
8,194,469
:—
___——
Retirement work
debt
287,367
•
21;281
133,403
6,500.085
accrued
Interest
accrued
Taxes
on
1—.
aid of construction (non
in
Premiurrr
on
4,A7c
stock (no par)—
Common
Capital
surplus
Earned
(paid-in)
76,276
1,286,333
1,286,333
20,207,188
14,557,021
14(557,021
surplus
——
3,892,768
8,778,080
Total
'
—
189,688,955
—
189,409,404
1940
-
42,637
first
231,080,179
227,281,386
1,610,715
Funded
6,643
3,438,665
7,957
1,420
3,176,610
816,832
758,821
83,054
Accrued
Premium
Other
stock—
Notes payable
Other
deposits
stock
—
by
1,500,000
income
Statement
Corp,—Annual Reportfor
comparative
1941
rinpmfine
S3
aid
7,911,706
Tansportation
Provision
Provision
Provision
for
for
2003.
-
i,J7a,8S i
3,027,309
taxes
879,617
income
$5,927,165
10,977
——
10,647
Operation
Gross
income
Totaf income
income
27,141,766
205,889
205,931
7,315,353
18,573,162
259,893,407 248,875,717
—
Maintenance
General
;
taxes
taxes
3y3,003
Utility operating income
Other
income,
1,817,107
1,339
Retirement
Interest
deduc'tionai:
753,047
72,659
163,250
71,040
40,118
60,523
$494,125
net.
income
income
Utility
debentures.
discount
charges
on
—
$443,800
6,629
$349,651
228,553
230,731
$138,700
declared
on
preferred stock.
$118,920
——
Accoun-ts
oh
common
stock—
Special deposits
Appliances
on
$3,952,336
400,000
L
;
earned
surplus——
common
stock—
$3,294,682
3,124,443
124,079
2,488
2,950
2,605
rental.
and
538,254
1940
expenses—,—
$29,269,928 $28,900,732
406
135
211,196
388,703
—
495,722
26,876.
»'
352,437
—
Other
deferred
41,458
338,116
14,185
865,063
926,073
105,000
105,000
399
421
agreement.
system
480,968
25,782
—
lighting
debits——:
Total
4,371
237,389
134,944
$31,531,297 $31,018,555
—
-
Liabilities-
3%
(154,000 no par shares).
stock
Common
bonds
mortgage
$6,310,570
14,750,000
2,355,000
41,700
—
debentures'
long-term
payable
debt.^
*—
——
payable
—201,589
177,600
———
deposits
Accrued
Other
accruals
Retirement
—
_—
Reserve
Other
for
————•——
reserves
uncollectible accounts
reserves
Contributions
—
—
in
2,713
Capital
10,979
Earned
of
construction
surplus
10,310
aid
42,000
50,000
228,643
160,351
surplus
361,811
81,639
8,100
19,924
4,348,224
55,382
66,842
413,083
1*681,587
accrued
Deferred credits
$6,310,570
14,750,000
2,620,000
694,910
84,804
7,550
28,621
4,468,128
55,886
72,742
187,527
taxes
Interest
413,083
1,315,934
186,053
1,457
Total
Total
538,254
—^—
—
6,010
i
discount
612
400,021
$3(952,336
2,414,212
companies—
supplies (at average cost)
debt
104,561
666
Prepayments
Unamortized
1940
$11,065,860 $10,907(631
455,618
;
associated
$1,000,709
Sheet, Dee. 31
investments
receivable
Customers'
1941
1,985,476
13,534
■
1941
Prepayments
Accounts
Assets-
receivable
$903,908
—
Appliances on rental —
Materials and supplies,
Notes
2,057,002
653,212
63,325
13,753
(including intangibles)—
plan
Miscellaneous
48,750
ec.
Comparative Balance Sheet, Dec. 3 L
31
from
480,000
18,851
113,000
$367,253
______
income
Receivable
,
$1,730,780
61,009
expense.
Unamortized debt discount and expense
138,500
accruals
Other deferred debits
to
and
—_
—
Miscellaneous
First
$5,937,812
$3,694,682
income
Balance
480,000
L,624,132
645,462
—
bonds and
on
Other
$2,210,781
accruals.
reserve
income
Gross
Dr3,27G
$2,104,132
income
Gross
$2,214,057
$2,102,793
_.
net
1,296,138
85,625
reserve
$5,751,684
—
Reservation of net income.
Dividends
13,336
Assctfl1
1940
$2,769,012
826,491
______
,
503,432
98,100 "
55,064
taxes
income
463,719
569,312
97,925
profits taxes
income,
187,357
$5,555,013
2,275,704
554,250
1,199,808
$3,530,482
Utility operating income-.
'
559,132
177,775.
3,082,030
—
excess
Materials and
Net
655,672
tFederal excess profits taxesj
—
taxes
Federal
Accounts
1,323,793
2,618,307
282,296
Statement' for Calendar Years
Income
Operation: natural gas purchased.
Cash
1940
$3,484,230
$6,251,000
•Federal income
1941
General
Years
Report—
2,865,511
$5,740,708
Operating income
Calendar
:
Operating revenues
Other operations
Maintenance
76.
p.
$4,005,149
Balance
2,355,000
Federal- income
Federal -
for
Total
437,500
7,315,354
19,816,898
,
Utility plant (incl. adjustments and intangible)
Other
Statement
.
for other taxes———
156,
...
1,728,000
1,379,331
Depreciation
$46,367,987
value.—V.
—
Dividends declared
Dividends
par
Water and steam___r..___
230,670
of construction.—
—
Maintenance
no
— _——
29,004,835
1,086,991
1
—
in
—
163,031
of fixed capital
Central: Ihdiana Gas Co.—Annual
Net
of
1,412,404
Electric
Net
Gross
2,616,936
1941
1,176,443
1940
$22,762,912 $21,318,331
revenues
shares
Income
388,500
Total income deductions
Calendar Years
198,926
1,254,912
Central Illinois Electric & Gas Co.—Annual Report-
1,229,221
———
315,102
,
707,872
$45,341,998
•Represented
Amortization of: debt
Federal
503,068
—
Total
4,385,716
_______
——————
p.
4,092,639
—
271,767
liabilities.——
surplus
155,
13,235,224
5,009,404
—
437,500
1——
accrued
1,843,306
2,020,125
200,000
Capital surplus, less charges-*-
—V.
:
___—
1,559,000
—___^
credits
Total
17,020
"13.235,224
—
-
credit
477,514
17,020
:
———
1,594~375
—
—
and
501,493
—*
—
accrued
reserves
Earned
stock.
7,030,000
95,391,500
1,843,306
preferred stock—
on
246,061
494,863
7,030,000
—
—_
52,418,125
501,493
—
declared
35,000,000
2,020,125
100,626,500
cos..—,
to banks——
current
Deferred
—
Surplus
925,657
52,418,125
subsid;
accrued
Other
construction
stock
151,287
35,000,000
i
Niagara Hudson Power Corp..
Funded debt of sub. called for redemption—.
Interest
of
aid
reserves
Deferred
1,022,056
273,606
preferred
on
379,096
693,214
;
deposit
in
316,912
334,096
„
liabilities
preferred
16,420,500
323,721
*
declared
Cntribution
Serial
15,465,000
payable
87,075
1,282,384
213,983
Advances from
Taxes
721,221
2,436,779
1,196,276
—.
—
debt of
Customers'
441,056
1,197,646
—
$45,341,99$ S546,367,987
•Common
366,434
stock
Common
—
Depreciation reserve
__—
115,003
189,993
progress
6,578,969
expenses
47,810
357,327
107,700
Operating revenues:
preferred
Retirement
Buffalo, Niagara Electric
19,748
^
4,26(1,709
—
assets..;
and
871,579
1
charges
in
Customers'
3,935,622
—
1,320,376
527,011
Prepayments
6,203,678
$1.60 preferred stock.
Class A stock—
Other
155, p. 2452.
629,170
955,500
Liabilities—
$
1
1—
600,665
593,252
830,395
Street
—V.
552,975
239,911
■
.i_.
11,006,700
—
Comparative
30,000,000
357,692
investments
55,203
__
1940
$39,943,869
357,692
—_
contracts
Dividends
3,283380
32,648,751
20,207,188
stock
31
Dec.
receivable
„
67,065
30,000,000
—
*
—
112,500
34,447,738
97,185
refundable)
(par $100)
cumulative preferred
Cumulative preferred stock
._
$402,970
pre-
2,439,921
3,284(464'
Sheet,
to
;
...
Marketable
259,893,407 248,875,717
181,250
—
Reserves-
Contrib.
235,663
38,480
—
—
461,312
225,000
preferred stock
liabilities:
advance—
in
_
3,913,320
—
—
bredits
Deferred
236,652
and accrued
billed
Services
485,315
——
accrued
Dividend
Other current
1,150,922
104,391
295,772
companies
payab'e—associated
Customers' deposits
74,000,000
2,721,718
-L
*
Balance
3,354,741
required upon
Liabilities—
45,713
74(000,000
*
——
payab'e—general
Accounts
■
$1,750,000
Sheet, Dec. 31
Total
Contributions
Accounts
316,383
1,200,000
amounting
1941.
Special deposits
Deferred
3,354,741
was
reserve—
progress———
Other deferred debits
Dividends
1— 189,688,955 189,409,404
—
—
tax
j—
„
—
in
1,641,966
LiabilitiesFunded
profits tax
receivable
working
Accounts payable
105,077
2,603,339
—
less
Reserve for depreciation
.Total
——
accourjts..
:
and
2,848,298
28,328
income
expense
55,204
debt discount
9,710,347
101,308
notes receivable—not current:.—
Accounts and
Federal
$7,945,935
1,736,326
supplies
137,185
234,852
;
for
redemption fund
$7,945,935
$7,248,727
$1,625,427
316,382
1,065,000
Cash
Instalment
$1,750,000
excess
——
dividends
2,443,623
———
resale——_——.—
.Other current and accrued
Bond
47,703
11(554
receivable,
and
6,900,182
104,950
receivable——
notes
$1,463,928
Long-term debt
funded
3,153,792
funds
Working
80,000
special resrves
1941
Accounts
expense..
Prepayments
$5
31
163,751,446 159,584,140
337,258
2,011,055
accounts————
income.
net
after
$140,007 in
stock
89,605
receivable
Accounts
41,272
*
coniea-'ts
investments "and
Total
"*
(inc1-iding inta*.igibles)____—
uncompleted
plant
Capital
132,613
400,000
dividends—
for Federal
electric
stock
Investment
567,148
1941
Utility
$1,625,427
$40,629,759
371,729
______
Balance
income
Comparative
Cr45,821
co
——
railway—
Other current
Crl,795
—
of
15,052
$1,543,928
provision
and
85,004
1941
Materials
2,935,788
-
Comparative
3,946,459
$
678,850
dividends—
$6 cumulative preferred dividends
______
4'/2% cumulative preferred dividends.—__—_"
1,350,000
Common dividends
...—6,203,776
Construction
subs,
a
Assets—
Interest
_________——___i——+
income
1940,
Accounts
404,625
'
cumulative
by
"surplus
Consolidated Balance
Unamortized
Net
Drd, 283
computations.
$9,033,948
(net)
construction——
to
in
$7,648,727
„
dividends___.._—.
provision
Cr98,938
prem,
advances
on
Interest
discount,
net
•Including
42,214
income
earned
preferred
•No
—-—$8,855,284
2,515,250
——
debt—!
funded
on
Amortiz.
$9,101,465
Dr4,480
——
550,183
Cr53
dividends
123,857
expense...—
■
Fixed capital:
'Operating income
555,708
dividends
Cr62,695
*
construction—
1,121,255
Income
$2,190,663
$11,832,193 $12,122,777
——:
1,243,882
.
20,103
^$2,039,584
—
income
—
4,003,622
income
Preferred
■
1_L-—___:—*
other
$2,170,554
7,762
Inventories
Net
1940
1941
———.
i___i
Depreciation
'Total
$2,091,822
1_
—
reservations
of
Preferred
Common
Work
31—•
Operation
Other
14,482
1,422,408
6,620,323
$11,843,729 $12,113,494
debt,—
charges.——
charged
Balance
revenue—electric_.
Maintenance
2,422,220
11,536
—
long-term
Amortization of debt discount and
First
Dec.
3,846,453
——:
interest
»;Interest
-----7
Appalachian Electric Power Co.- -Earnings—
Ended
————
$22,661,193 $14,7.90,304
—V° *155 ,"p" "2T79T"
taxes
appropriation
res.
:
Reservation of net
Federal
8,333
interest, amortization, etc
Balance
4,766,702
542,169
Canadian, inc.
and
taxes.———
5,242,043
389,382
1,691,158
Gross
28,892
3,000,586
—__—
of
aid
income
Investments
Interest
110,053
construction-
credits
in
Federal
for
for
2,190,466
7,059,998
—_
—
13,102,379
19,500
204,573
329,814
122,538
————
17,045,090
income
616,158
—.
•
Operating
996,140
-
Assets-
Other
285,861
,
_
Contributions
Year
4,497,156
913,500
i
„—,
Gross corporation income
Interest on bonds—
496,968
2,584,801
Operating income
596,198
19,500
declared
Accrued
Operating
Miscellaneous
1940
1940
$9,018,102
4,993,396
1,128.271
Net corporate
644,325
——
Emergency diversion
6,197,000
916,871
—_.
Customers', deposits
Reserves
Years
$47,308,422 $40,727,898
Maintenance
Provision
48,083
debt.—
payable
99,211,511
(& Subs.)-^
Re¬
$9,217,962
expenses
revenues
Other
revenues:
•Provision
$6,003,625
($25 par)_—
Miscellaneous
Deferred
Calendar
1941
Uncollectible
1941
'
.
stock
cumulative
Dividends
for
.
Consolidated Income Statement for Calendar Years
*v
Depreciation
(Accounts
Statement
,
23,620
Report—
Operating
Operating
12,917
43,836
—
—-—„r_——-
Common
Corp.—Annual
__.i__.___
11,068,837
107,249,406
1,
.
Electric
&
Non-operating income
Operation
6%
Income
52,372
2003.
p.
capital
Jan.
from
port—
11,239,076
——.
preferred
the period
for
2180.
p.
expenses
13,805
335,036
'
Total,
cumulative
share)
•
_________
155,
Annual
,
$7
utility plant--.
GVufy
a
20,970
Buffalo, Niagara & Eastern Power Corp.
19,530
1,347,628
52,054
deposits,-—---—
Dividend
t
487,927
Gas
228,000
1,207,853
42,688
Total
1940
$19,523,510 $12,992,800
223,507
2.99,618
(including intangibles)
plant
.Utility
Hudson
535,824
Contributions itv aid of construction—
surplus
aggregated $260,000 ($52
1934, to Dec. 31, 1941.—V. 155,
228,000
•
Reserve for. depreciation of
Other reserves
z
I Earned
the
on
stock
Central
$11,886,966 $11,588,301
_—
dividends
1,629,982
—
accrued
Deferred -credits
■
;
•Undeclared
•Taxes
Balance
,
■___
——_
Deposits
accrued
Interest
companies—
company.
:
•
tax'
payable
Taxes
■
for the year
separate corporate return.
excess'profits tax
associated
Serial
,
1941 has been
accrued on the basis of a
The company
'joined with its parent and domestic affiliates in the filing of a con'solldated "return
for the year 1940,
resulting in no tax, and it is
[contemplated that the company whl also join inr the filing of a con¬
•Federal
v
_..i
from
Customers'
.
78,000
634,071
stock
common
on
$698,583
stock-:.--—
preferred
on
•
—
—
—
declared
__
16,414
364,220
surplus
Total
t.
(1,097,369 shares).—
Long-term debt
Accounts
Dividends
'
Liabilities—
280,483
25,047
21,420
expensev__£
and
discount
Earned
Total
190,724
57,107
—
Reserve for uncollectible
Contributions in
237,600
bonds_;:j—:
on
(Amortization
.Other
303,750
accruals—_.
reserve
154,117
284,230
—.
'
Retirement
500,000-*
2,956,000
,
——
3,709
$4,648,970
500,000
2,956,000
"
debt
Advances from associated
1,811,835
reserve.
Other current and working
Deferred debits
'
i
■
___
240,149
less
supplies—
•
>•
,
(54,000 no par shares)
*6%cumulative preferred stock ($100 par)__
First mortgage bonds
107,249,406
and
$1,260,865
$1,395,740
■
stock
2,577,151
—
receivable,
Prepayment
$1,227,334
46,021
and fund
_____
Accounts
$1,349,719
1
94,228,960"
32,621
_i._-.___J
Notes receivable
Materials
——_———.
Income
Gross
138,931
170,611
income————
(net)
Investment
216,332
363,052
—,
*
Utility
858,454
307,213
profits taxes—'
excess
$
Capital stock expense-.
.———
and State
Federal
.•Federal
1940
$
Utility plant
—I—
—
taxes
Liabilities'—'
1
.
1941
Assets—
4,440,355 " 3,512,581
purchased————
gas
Sheet, Deo. 81
1940 ■'
1,418,066
.Operation—Natural
Other
"
351
$11,886,966 $11,588,301
-V,
$31,531,297 $31,018,555
—
155, p. 2180.
i
t
)■
Central
Power
Light Co.—Annual Report—
&
operating
revenues
'SS;
f
::::::::::::::::::
Inrmiie~ taxes""-"IIII-"---
$88,476
$77,166
$1,005,083
$929,005
_—
—„
44,463
42,787
590,959
535,247
7,558
5,241
67,678
56,223
20,878
16,994
214,102
204,806
388,950
Maintenance
Taxes
'•733
$2,949,816
Other income, net
—
1,090,376
•Interest on long-term debt—-
net
interest,
General
Other
income
Retir.
olairia
249,104
1,544,448
income
deposits
.
——
Other notes and
accounts, net
——
Prepayments
o9,52J
2,327,079
Total
amort.
oo#ou^
preferred
stock——
£ 1?
nrpferred
stock
9'365,50O
——
—
payable
Accrued
Accrued
Premium
Notes
Depreciation
reserves
♦Earned
3,1 ljjoUU
Consumers'
Miscellaneous
♦Taxes
—
—
4I'™
48,042
6,693
—_
Earned
236,886
156,
Annual Report—
maintenance
Current
$8,018,413
r:
595
3,124
116,971
435
858,772
T.424
8,144
640,684
expenses
Commercial
expenses
rents
Operating
Federal
excess
taxes
income
Federal
Other
1,103,545
1,192,150
484,243
170,947
676,981
472,692
1,348
733,714
———
—————...——.—
miscellaneous
and
General
•
622,908
302,970
expenses..—-.——
——
taxes——
profits
taxes
...—
79.
p.
"
accrued
'
.
at
the rate of
v.;
—
—-—
income
operating
$1,299,731
20,291
——
—
Other income
.
—
deductions
Interest
—:
716,523
$1,255,462
8,927
income———_
62,652
Heating
and
income
Net
,1
—
Balance
1941
1940
$30,399,356 $28,259,963
120,383
63,630
8,312
4,722
874,612
782,144
547,693
339,468
Assets—
Total
plant,
investments
etc.,
Cash
:
——...
—
——
Working funds
—-—...
receivable
Accounts
Material and
supplies
Subscriptions
——
—
stock—
capital
to
'Prepayments
77,750
——
charges
2,800,000
68,101
29,213
...
.——
deferred
Other
.....—-——
—
39,919
————-—
459,321
422.077
77,233
:
Gross
$37,392,295 $33,730,598
revenues
Provision
General
lor
;
4,027,200
income
3,022,129
$11,117,911
4,752,058
Cr63,558
6,266,108
201,850
debt:
debt discount,
"
(net)
premium & exp.
188,500
Cr91,226
$4,563,124
deductions..
income
charged to construction—
$32,068,025 $32,347,242
♦No
Federal
profits
excess
tax payable.
—-
—
Capital stock subscribed———
■
Advances from American Tel. & Tel. Co
Notes sold
Advance
•
trustee of
to
Cash
fund
and
Accounts
—
—
220,432
616,307
777,554
26,039
4,491,448
1,480,509
——_i__——26,706-
credits
Deferred
•-
810,581
241,369
784,442
987,290
customers' deposits.———
payable, etc., current liabilities.—.—
Accrued liabilities (not due)
4,900,000
834,953
4,000,000
billing and
Depreciation and amortization reserves.—.—
Unappropriated surplus
—....
.
269,095,308
475.097
974,240
.Total
-
—
4,881,756
1,371,881
$32,068,025 $32,347,242
—
Working
funds
Accounts
and
tMaterials
Prepaid
Debt
I
/
-
...
..
;
92,168
80,391
3,016,784
3,234,157
——
receivable^
supplies...
3,302,093
1,619,670
123,950
—...
notes
and
51,129
insurance
discount
and
5,111,923
expense
314,008
Miscellaneous
deferred
Gross income (less
Operating
1941
for losses)..
$313,442
$278,729
1940
$252,802
—
res.
114,015
103,241
98,519
expense
Liabilities—
tl$6
.
preferred
♦♦SS
Net
-
operating
income.——.—,—
Interest
Prov,
——
for Fed. and State
$199,427
43,03 4
57,666
•
.
inc.
taxes
$175,488
38,429
41,759
$98,727
$95,300
5,500
Consolidated
Cost
of
Net
profit for period-v.c—.-—
$154,283
38,150
24,725
5,500
.
ttCommon
Bonds
Notes
stock
——.............A.
'
^
.
.
_
purchase
Accounts
50,000
50,000
1_.
$39,800
1,053,763
$35,909
966,066
Surplus adjustments, net.————
Crl24
Dr663,
Cr9,867
Surplus, earn, and capital, Jan.
June 30
share——
Surplus; earn. & capital,
Earnings per common
Comparative
$1,215,163
$1.25
Balance
Sheet,
Net cash
Cash
in
$1,032,900
$1.44
June
30
1942
Assets—
$5,748,996
1,146,283
invested
banks.
Investments
,
5,500
50,000
—
—
—
——
——
Suundry accounts receivable—
Due from officers and others (secured).
Furniture,, equipment and life
$1,011,842
$1.37
Indebtedness
to
taxes
4,818,444
55,000,000
sales,
—.
ins
admin,
expenses.
■"
—
—
1941
$5,789,107
1,020,361
9,525
Customers'
Short
Deferred
associated
459,763
term
4,738
1
26,368
l
30,752
$6,993,602
$6,903,284
6,022
$3,969,500
112,516
5,900
344,058
24,513
——
30,235
442,500
—...—.—.—..
392,788
444,500
308,865
200,000
200,000
625,000
625,000
accrued and payable..
interest, 10-year notes——
accounts payable
Accrued
Sundry
Funded debt
Reserves
.
*
—
—-
cumulative preferred stock ($5 par).....
•■Common stock ($5 par)
—
—
5'/2%
Surplus
787,032
2,815,257
1,304,191
%011,564
—
—
Operating
77,078
5,927
1,215,163
-
—
-
----
1938
$6,359,473
10,404,948
8,883,526
6,203,079
734,576
744,919
171,487
471.000
147,728
$734,222
$384,633
17,025
21,626
$751,247
$406,259
income
Total
Prov.
income
for
Fed., Inc.
Net
tax.
prolit
-
272,000
64,394
$412,545 def$379,002
14,944
:
48,773
$427,489 def$330,230
91,000
79,547
Jan. 1
Total
Earned
Earns,
$1,721,041
Dec.
share
on
for
injuries
Contributions
Earned
in
and
aid
of
Total
$6,909,284
$1,587,170
in
and
and
semi-finished
process
of
495,420
damages—
485,078
76,721
a
short-life
buildings,
♦Land,
Deferred
Total
7,893,142
period of 8'/3 years from
§To customers,
§§Including $1,687,500 payable in 1942.—
2458.
Rapids Varnisli Corp.
(&
Subs.)—Annual Re¬
Consolidated Income Account for the Year Ended Dec. 81,
sales
....
sold....1
1941
703,969
$218,596
profit
income
14,180
Normal
Excess
Income
$232,775
inc.
...
i
tax, surtax & declared value excess-profits tax
profits
tax
Cash
profit
8,679
64,100
19,900
$140,096
dividends
paid:
1,427,438
511,433
(net)..
487,036
cost)
141,369
10,290,513
10,714,269
74,343
65,234
$17,353,905
$17,435,531
$144,624
$312,629
831,383
196,643
171,565
—
...
—
payable
Accrued
payrolls
Accrued
interest
Accrued
taxes, other
Provision
for
190
199
150,739
132,729
taxes.
266,707
92,595
—
3,128,777
...
than
normal
notes
Long-term
income taxes....
Federal
income
payable
stock
Capital
surplus
226,694
8.483,821
2,238,128
surplus
...
..."
3,643.401
231,477
8,483,321
2,298,128
.....
{Capital
;
.......
1,241,794
1,587,170
-I...—...
Total
♦After
$17,353,905
$17,435,531
for depreciation of $9,533,727 in 1941 and $8,568,552
{Represented by 382,488 no par shares.—V, 155, p. 1835, 1311.
reserve
Haverhill Gas Light
Co.—Earnings—
Comparative Income. Statement
1942—Month—1941
Period Ended Junef 30—
.
.
'
;
1942—12 Mos.—1941
$44,719
$555,091
$550,435.
28,860
Operating
25,699
362,205
340,801
2,827
2,361
31,479
33,936
7,259
7,279
86,207
87,69*
$5,996
$9,380
$75,200
$88,003
$44,942
revenues...
Operation
—
—
Net
revenues.—
oper.
income,
Non-oper.
Balance
.
,
■
421
1,371
8,829
10,463
$6,417
net-
■;
—
accruals
»
Income
Gross
Interest
charges
Net income
$10,751
$84,029
$98,466
2,917
$3,500
53,200
2,917
35,000
$7,834
,
$49,029
,
35,009
$63,466
44
42
523
763
$3,456
——
—
declared
Dividends
$7,792
$48,507
$62,703
49,140
....
Comparative Balance
Assets—
Sheet,
Plant investment and general
Cash
39,312
June 30
1942
1941
equipment.$2,469,012
$2,433,854
106,416
and
...
104,911
100,990
127,445
70,674
66,796
6,626
receivable
4,178
3,190
619
supplies-
Prepayments
debits
-
Total
$2,756,909
$2,737,803
$1,228,500
$1,228,50
260,910
260,91
25,330
24,18
Liabilities—
Capital stock
(par $25)
capital stock.
on
Accounts
payable
Consumers'
Taxes
——
deposits
liabilities
Interest
accrued
Retirement
—
reserves
Contributions for
extensions.
reserves
Unadjusted
Earned
18,055
17,61
credits
surplus
444
45
51,189
accrued
Operating
Net
1,908,753
1,719,635
865,629
payable
Accounts
Miscellaneous
deductions
1,186,608
(at
...
$2,667,653
1,745,088
....
Expenses
Operating
1,081,023
Liabilities—
Notes
Unadjusted
Cost of products
$1,610,399
1,188,034
—.........
Accounts
.
port—
Other
equip,
...
■
Materials
Total
equipment
1940
$2,235,295
by-products.—
machinery,
charges
expenses
outstanding, 2,500,000 shares.
J;,,;
:.
(net).....
69,686
1,940,291
amortization over
1941
148,041
10,780,902
from .date of subsequent expenditures.
or
81,
46,847
in connection therewith, less rentals re¬
ceived thereon.
11441,725 shares actual and 433,869 shares pro-forma.
*♦60,000 shares actual and 2,458 shares pro-forma.
ttlssued and
Net
Sheet Dec.
products—
supplies and
other
Taxes
—.
certain
Grand
Nil
Balance
250,367,999 282,812,665
1, 1936,
155, p.
$722,031
$0.91
receivable
notes
materials,
Rolls
25,252,595
.—
including
$1,022,157
$0.82
1941
179,445
^Commodity Credit Corporation and Reconstruction Finance Gor-poration notes at cost,(quoted market price $506,358 at Dec. 31, 1940).
{Includes $513,834 merchandise for .resale.
{Installed on customers'
Jan.
$1,241,794
$1,25
31
„
——
and
Maintenance
•
premises
47,808
Assets——
Accounts
6,411
construction
surplus
$769,839
47,814
Consolidated
162,749
——
$1,069,9^2
95,622
cap.
outstanding
3,447,134
reserves
$1,337,416
133,871
——
surp.,
per
stock
638,093
—
—
1,022,157
48,69
297
22
573,018
557,17
7,018
6,96
6,695
6,37
36
64
585,417
586,05
1,092,900
$6,993,602
1,241,794
surplus
Dividends paid
6,582
declared———
liabilities..
$347,940 def$330.230
722,031
1,100,070
$315,259
$479,247
'.
Earned surp. bal.
399,275
dividends
deposits
Surplus
Total
Years
1939
139,405
210,054
$4,130,500
notes.
i
505~49G
1,038.914
1.
companies...
——
credits
Reserve
Other
Federal and State taxes
Calendar
1940
1,004,677
Miscellaneous Income
in, 1940.
2,265,096
— ...
:
Miscellaneous, current
53,516
Liabilities—
1
for
■
16,803,906
—
paid
Premium
Total
(& Subs.)^—Annual Report—
Account
sell., gen.
87,778,002
101,271,000 124,502,700
obligations.——
—
interest
V.
r
67,216
insurance^——
Unamortized and prepaid discount and
.
38,488,575
.§§12,656.256
payable
payrolls
43,386,900
1,457,000
.
stock...—
————
Property
$91,409
,
$43,227
1,171,812
Surplus
'
-
'
dividends
Common
•'
;
dividends
Preferred
$172,070;
$13,682,210 $11,671,886 $10,212,477
a_
Retir." reserve
-
Income
1941
sales
Earned
.
stock
preferred
Depreciation
.
interest,
accrued
notes payable, $56,750; funded debt,
i
Reserves
250,367,999 282,612,665
Preferre4( stock
1942
6 Months Ended June 30—
28,597
292^11
"
Baltimore—Earnings—
1
104,534
25,618
:
capital stock expense..
Accrued
155, p. 305.
Finance Co. of America at
•
charges—
430,179
73,409
{Appliance connections
Accrued
—V.
$41,741;
deferred
2,096,055
deposits——..
503,000
Accrued
'
$4,648,637.
payable.
Investments
607,447
accounts——w——
demand
hand and
on
$
241,328,598
intangibles.—,
including
plant,
Investment
1940
$
2,800,000
—
—
total,
Granite City Steel Co.
Raw
1941
$19,000,000 $16,200,000
pension fund..———
reserve
income, $3,017; capital stock—class A common
stock ($1 par), $60,136; common stock ($1 par), $62,374; capital sur¬
plus, $1,437,690; earned deficit, $238,028; total, $4,648,637.—V. 149,
p. 2231.
■
•
Finished
31
Sheet, Dec.
Balance
Assets—
Preferred
stock
$96,813;
Liabilities—Accounts
Cash
income
Liabilities—
Capital
charges,
178,055
Crl28,864
$5,386,355
Miscellaneous
Interest
1,747,778
$10,114,491
—_
long-term
on
2,715,025
2,589,138
taxes—.
income
of
3,480,000
*
—
State
§Appliances rented
Total
(less
2,072,079
depreciation
and
Interest
12,597,805
2,132,897
...
taxes
•■Federal
15,506,441
...
Maintenance
Utility
Dec. 81
Sheet,
4,966,774
.
Operation-
$999,099
972,000
$1,101,661
1,140,000
r
.
dividends
1940
55,752
ice..:
receivable
accounts
653,979
5,580,238
*
.
Consolidated
Total
and
19 U
Years
Calendar
for
$30,544,384 $27,610,534
Non-operating
$1,258,776
259,676
—---—
notes
Dec. 31,
$21,238; tenant work in process—not billed, $2,712; inven¬
tory of building and repair materials, operating supplies, etc.—at cost,
$42,655; security owned—at cost, $500; property, buildings and equip¬
ment
(at cost
less
reserves
tor
depreciation), $4,391,837; deferred
Interest
753,600
5,614
$1,257,370
155,709
—
Account
revenue—Electric
Net
for fixed
available
Income
...
Income
Gas
Gross
charges———
Miscellaneous deductions from
*
$92,881;
Sheet,
$12,500),
and
1941
Gross
Amort,
Net
$170,206
Balance
$4,521,949
,
1,365,649
1,150,448
1,421,426
521,372
160,071
—•
———.
loss
634,459
$4,554,971
been
Cr805
thereof
4,332
:
—
has
18,628
cost
over
808,783
4,332
—
surtax
162,729
$7,214,399
1,580,630
—
Depreciation and amortization expenses—...J.—
Traffic
Net
$3,040,300;
141,968
normal and
155,041
—
—
bonds purch.
27,565
338
Consolidated
1940
•"
of Co.
Depreciation
(W. Va.)—
1941
:
—
expense——
taxes and sundry expense, $12,588;
extensions.
Federal,
45%'.—V.156,
Calendar Years
Statement for
prin. amt.
&
83,002
—
Transportation
revenues.,
Excess of
discount
205,000
—...
*1942
'
Income
Total operating
'
bond
of
$165,387
;
.......
22,684
:
'
$818,223
652,835
——.....
975,610
—.
for
* "
■
etc
—
...
depreciation..
$1,654,525
2,239,376
-
for
Net
140'492
132,909
Co.
Telephone
Potomac
&
Amort,
income
expense
975,610
reserve
Total
4,189,215
•
.......
76.
p.
Operating
Provision
$1,654,525
—
Georgia Power Co. (& Subs.)—Annual Report—
Chesapeake
general admin, expenses,
$4,521,949
liabilities
surplus
$60,569,238 $60,217,773
...
' "
income, etc,—.
sundry
$4,554,971
stock
Unadjusted credits
construction.———
service,
,
1,076,251
50,877
surplus
Rental
7,138
—
accrued
the Year Ended
Inc.—Earnings for
33,041
par)
accrued
Interest
—
140,402
140,883
1,753,843
Building,
31, 1941—
5,992
deposits
———
4,635,484
Grant
Dec.
Assets—Cash,
payable
^2'aiv
Total
—V.
$271,981; common stock ($1
earned surplus, $458,628;
debt,
$248,499;
surplus,
150, p. 3975.
215,000
Contributions
—
of
aid
in
long-term
capital
total, $1,631,659.—V.
1,432
——
($25
Retirement
Preferred stock dividends reserves—
Contributions
229,996
supplies
capital
on
318,631
construction
advances for
Customers'
$133,000;
par),
11,762
25T..745
-
184,749
payable
515,326
———
51,170
'
i—-1—:
—.
674,684
—.1
liabilities—.™
current
$84,453;
8,759
—
taxes
Other
and
—-
—
—
deposits
interest
Customers'
48,302
18,131
receivable
Capital stock
^rmrw>
Accounts
$3,951,256
Liabilities—
2,854,538
$7,721,039
9>365,500
$7,721,039
shares)———
$4,063,591
general equipment:.
819,b82
3^X13,800
7%
payable,
$103,019;
accounts
payable,
$325,650;
interest and other expenses, $6,429; Federal taxes on
taxes,
Interest
1941
...
Accounts
stock (202,180 no par
119,126
,
Unadjusted debits
Liabilities—
Common
Liabilities—Notes
accrued
$118,854
Prepayments
$60,569,238 $60,217,773
__
$12,287
Sheet, June 30
Balance
1942
Materials
^3,348
499'J23
$118,641
112,508
$11,767
—.
deposits
Accounts
«3K.
850,128
>
~
in process of
6,840
declared.
Total
Debt discount and expense
6,412
'
supplies—
and
Materials
441
Cash
Special
1,595,081,
S-S
Special
497
_
Plant investment and
securities)..—
Intangibles, (at cost.in cash and
$125,694
Assets—
1941
1940
cost) $53,230,183 $53,530,3-76
(substantially at orig.
property
$125,053
Comparative
Dec. 31
Assets—
Tangible
311,380
———
Sheet,
60,000
$12,728
reserve,
$185,694
62,667
$12,264
.
charges
Dividends
Balance
$187,720
5,000
$132,729
J'D3U
1'2??'ooa
...
...
$17,728
6,333
•,
deposit and on hand, $197,782; notes and accounts
$10,000), $333,773;--inventories—at lower of
cost or market, $676,353; investments and other assets, $28,080; prop¬
erty, plant and equipment—at -cost (less reserve- for depreciation,
$249,729), $381,666; deferred charges, $14,006; total, $1,631,659.
on
(less
Operating expenses,
Net
6%
52,965
accruals-
income
Interest
•>'
".411
dividends..
dividends..
55,375
$18,597
_
reserve
Gross
—
preferred
preferred
7%
5,585
--
IH,?
——
deductions
income
Net
-
268,936
discount and expense.—
Amortization of debt
$12,143
3,020
net-
income,
Balance
—'
income
Gross
$15,577
revenues
oper.
Non-oper.
$132,345
equipment
;;
Ji.ao*
--82,698,317
i
—
plant and
property,
depreciation-of
Consolidated ^Balance Sheet, Dec.. 31,.. 1941
.
Income—esti.,
$2,927,834
$2,690,584
operating income
1942—12 Mos.—1941
1942—Month—1941
for
amounted to $34,051.
Assets—Cash
receivable
revenues—(
Net
Net
-
Operation
852,609
250,000
and exc. profits taxes
Charges in lieu of income
Co.-—Earnings-^-
..Comparative Income Statement
Operating
i,!S
959,009
570,927
-
the year
,
-
Period Ended June 30-
S2SS3S
Sea
for
Fall River Gas Works
$9'*i?'7rs
$10-41j2,401
—-
~
Note—Provision
shares class B.
and 50,000
class A
-V.
1940
1941
,
Total
75,000 shares
♦Represented by
155, p. 2006..
'
Calendar Years
Income Statement for
(
,
Monday, - July 27, 1942
& FINANCIAL CHRONICLE
THE COMMERCIAL
352
Earnings
$86,896
per
share
$1.05
Total
—V.
155,. p.
$2,756,909
2457,
$2,737,803
@FedFRASER